The Business Times, 24 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 Wednesday, July 24, 1991 75*
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  • NEWS SUMMARY
    • Article
      Jerusalem says it won't accede to peace plans
      63 1 JERUSALEM Israeli Prime Minister Yitzhak Shamir's right-hand man tempered speculation yesterday that the Jewish state would bow to US pressure to accept peace plans backed by its Arab foes. Mr Yossi Ben-Aharon, a staunch opponent of Israel exchanging occupied Arab land for
      63 words
    • Article
      Equal participation for M'sian, foreign firms
      31 1 KUALA LUMPUR The Malaysian Industrial Development Authority expects the rate of local participation in manufacturing projects to increase at par with foreign participation this year.
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    • Article
      Tough times ahead
      29 1 OPERATORS at Singapore's petrochemical complex, which turned around in 1987, are bracing themselves for tough times ahead, with near-term prospects clouded by regional oversupply Page 2
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    • Article
      Buyer wanted
      20 1 THE OWNER of Underwater World Singapore is looking for a buyer for its Sentosa island attraction Page 2
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    • Article
      In line for HK deals
      28 1 SINGAPORE companies have a good chance of winning subcontract jobs in Hongkong's multi-billion-dollar airport and port project, says a consultancy firm Page 8
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    • Article
      Retail lots in demand
      20 1 DEMAND for retail space in Malaysia is still strong, says a property realty firm. Page 8
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    • Article
      Easing leash on Iraq
      23 1 WASHINGTON is drafting a plan which will allow Iraq to sell oil to pay its war reparations Page 9
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    • Article
      Banking backlash
      24 1 HONGKONG'S financial regulators face a credibility problem following their handling of the crisis at the Bank of Credit and Commerce Page 10
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    • Article
      Cardin criticised
      30 1 PIERRE CARDIN is a tightfisted billionaire who couldn't manage his way out a room, much less run a multinational corporation, says a new book about him Page 13
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    • Article
      New face at Acomarit
      28 1 A HONGKONG ship management company, D S Marine, acquired a minor stake in the Hongkong branch of Genevabased Acomarit Services Maritimes early last month.
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  • NEWS & MARKETS SUMMARY
    • Article
      Dow higher
      38 1 NEW YORK prices opened higher yesterday on an apparent boost from rises in overseas markets. The Dow Jones average of 30 industrials was up a scant 1.56 points to 3.014.53 after the first hour of trading.
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    • Article
      Footsie higher
      41 1 LONDON shares rose to a record high in active trading at midday yesterday on optimism about prospects for a UK economic recovery. By about noon, the FTSE 100-Share Index was up 31.5 points, or 1.2 per cent, at 2,590.0.
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    • Article
      EON to buy CCL stake
      29 1 MALAYSIA'S national car distributor, Edaran Otomobil Nasional (EON), will buy a 15.06 per cent stake in Singaporelisted Cvcle and Carriage Ltd (CCL) Page 3
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    • Article
      Maybank optimistic
      28 1 MALAYAN BANKING Bhd expects group pre-tax profit for the year ended June 31. 1991. to at least meet its forecast of M 5359 million Page 3
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    • Article
      ASM still highly rated
      24 1 IN SPITE OF criticisms against its diversification, Malaysian steel mill operator Amalgamated Steel Mills is still highly rated Page 3
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    • Article, Illustration
      STOCK INDICES
      32 1 Tuesday Change BT-MGA 720 46 +5 08 Kuala Lumpur ...601.92 +6.07 Tokyo 22.758.98 +53.69 Hongkong 4.009.82 +21.47 Sydney 1,570.6 +0.3 Monda> Change New York 3,012.97 -3.35 London 2.558 5 +17.0
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    • Article
      CURRENCIES
      23 1 Exchange rates USS ss 1 7515 100 Yen SS 1.2738 MS SS 0.6280 Money market rates Overnight 4-13/16% +1/16 3-month 5-9/16 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS368.05 -US$2.05 S'pore Aug 143.25'/kg +0.50 M'sia Aug 227.50*/kg unch KL Tin Turno\er 37 tonnes +-3 Spot MS 15.41 /kg +0.02 Crude palm oil Turnover 2.331 lots H60 Aug MS860 /tonne 16
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  • Article
    New twist in Desaru project court battle
    358 1  -  By Shoeb Kagda THE COURT battle between the two major partners in the multi-billion dollar Desaru project has taken another twist, with one partner taking action to liquidate part of its holdings. Kajima Overseas Asia (KAO) has filed a petition to wind up
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  • Article
    Tough for POSBank to maintain profitability
    368 1  -  By Diana Oon POSBANK will find it hard to maintain its profitability this year because of the need to keep minimum balances with the Monetary Authority of Singapore (MAS). The 6 per cent minimum cash balance, a mandatory requirement for all commercial banks here,
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  • Article, Illustration
    Claims against Norway bank to be heard in S'pore courts
    420 1  -  By Dawn Tan STANDARD CHARTERED and DBS Bank yesterday won a court ruling allowing their multi-million-dollar claims against Norway's Christiania Bank to be heard in the Singapore courts. Christiania Bank is disputing claims by Standard Chartered and DBS Bank (as
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  • Article
    No sign of slowdown in new Indon projects
    438 1  -  By Quak Hiang Whai NEW Indonesian projects continue to be launched despite the current tight offshore credit market. These new projects will have to compete with the dozens of others already in the pipeline, including at least four costing more than US$7OO
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  • Article
    President on state visit to Indonesia
    91 1 PRESIDENT Wee Kim Wee leaves this afternoon on a five-day state visit to Indonesia. In his absence. Chief Justice Yong Pung How will act as President. During his stay in Indone- sia. President Wee will be holding talks with President Suharto in Jakarta. He
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  • Article
    Call for investments in tourism, forestry
    287 1  -  Interview with NZ Prime Minister From Alvin Tay in WELLINGTON NEW ZEALAND Prime Minister Jim Bolger has singled out the tourist and forestry industries as key areas which require additional foreign capital, including from Singapore. Mr Bolger told BT yesterday that the full potential
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      3 1 Analysis, Pg 11
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Gareth Evans starts three-day visit today
        76 2 THE Australian Minister for Foreign Affairs and Trade, Senator Gareth Evans, arrives in Singapore today for a three-day visit at the invitation of Singapore's Foreign Affairs Minister. Wong Kan Seng. During his visit, whieh ends on Friday. Senator Evans will pay a eourtesy eall
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      • Article
        Speedpost to Cyprus
        40 2 THE Telecommunications Authority of Singapore will introduce a reciprocal speedpost service with Cyprus from Aug 1 this year. The service, whieh includes all localities in Cyprus, will be for letters, business and commercial papers, samples and merehandise.
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      • Article
        Carnival time
        97 2 THE Rotary Club of Singapore East, together with eight other Rotary Clubs, three Lions Clubs and the Singapore Jaycces, will join forces to hold a street carnival at Orehard Road this Sunday. The carnival is the elosing event for Volunteers Month 1991, launehed by the Singapore Council of
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      • Article
        Corrections and clarifications
        47 2 BT yesterday carried a report 'Aussie bank signs Euro certificates programme.' The As2()om Euro certificates of deposit programme mentioned in the report was arranged by Westpac Singapore Ltd, a wholly-owned subsidiary of Westpac Banking Corporation. We are sorry for the omission in the name.
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    • Article
      Singapore, Johor to cooperate in training programmes
      249 2 JOHOR and Singapore have agreed to form a joint committee to look into training arrangements and the setting up of more training institutes in Johor. The agreement was reached during Johor Mentri Besar Tan Sri Muhyiddin Yassin's courtesy call on Dr Tony Tan,
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    • Article
      Petrochemical operators face tough times
      427 2  -  By Lilian Ang OPERATORS at Singapore's petrochemical complex, which turned around in 1987, are bracing themselves for tough times ahead, with near-term prospects clouded by regional over-supply. Those with investment projects on the drawing board are, however, adamant that despite the bleak outlook for the
      427 words
    • Article
      Sisir can now test furniture materials
      177 2 TESTING for furniture materials will be more convenient and local manufacturers will also have greater access to US markets, now that the Singapore Institute of Standards and Industrial Research (Sisir) is an accredited test laboratory- for such materials. With the recent accreditation by the
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    • Article
      Underwater World looking for a buyer
      287 2  -  By Hong Lee Tiam THE owner of Underwater World Singapore is negotiating to appoint R&I Bank of Perth (formerly known as the Rural and Industries Bank of Western Australia) as the marketing and sales agent for its Sentosa island attraction. Noel Smith, chairman of
      287 words
    • Article, Illustration
      CHA awards for top hoteliers
      271 2 SOME of Singapore's top hoteliers who sat for their professional accreditation examinations last April were yesterday awarded their Certified Hotel Administration (CHA) qualifications. Ricky Goh, president of the Singapore Hotel Association (SHA), told BT that because the CHA qualification is well received internationally, SHA has
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      70 2 SINGAPORf 1 Towards J OCEAN TOWERS Direct link to the MRT Column-free office <f space Computerised building management &J? 4 system Sophisticated card-key security system High speed lifts Ample carpark lots ysJw MARINA OFFICES FOR LEASE. BEADY IN EARLY 1992 SHOW OFFICE READY FOR VIEWING i rOCEAN TOWERS DEVELOPER SOLE
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      Page 2 Advertisements Column 2
      55 2 This announcement appears as a matter of record only Scandinavian Pacific Limited (A.C.N. 008 593 333) A 5200,000,000 Euro Certificate of Deposit Programme Guaranteed by Skandinaviska Enskilda Banken Dealers Barclays Bank PLC Skandinaviska Enskilda Banken, Singapore Branch Westpac Singapore Limited Issuing and Paying Agent Westpac Finance Asia Limited Arranged by
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      EON to buy 15pc stake in Cycle & Carriage
      324 3  - EON to buy 15pc stake in Cycle Carriage By William Chia EDARAN OTOMOBIL Nasional (EON), Malaysia's national car distributor, has agreed to buy a 15.06 per cent stake in Singapore-listed Cycle and Carriage Ltd (CCL). EON. in a letter to CCL yesterday, said that it has entered into a sales
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    • Article
      OUB to revamp top management
      165 3 IN ANOTHER major management reshuffle, OUB is expected to announce soon the promotion of two of its senior vice-presidents (SVP) as well as a switching of portfolios. According to banking sources, SVPs Kuo How Nam and Philip Tan Yuen Fah will be promoted to executive
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    • Article
      LET Pacific takeover: Hong Fok to give details
      201 3 HONG FOK will inform shareholders about its successful acquisition of LET Pacific in Hongkong once it has secured notice from the Registrar of Companies (ROC) in Hongkong, the company told the Stock Exchange of Singapore yesterday. It was replying to a query
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    • Article, Illustration
      ASM builds its strength on diversity
      762 3  -  MARKET TALK By William Chia MALAYSIAN steel mill operator Amalgamated Steel Mills (ASM) has received a lot of flak in the past for embracing such diverse activities as prawn farming and shoe manufacturing. But company spokesman Dr Lee Chee Kuon told BT recently that,
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    • Article
      MPHB invests in resort sites
      326 3  -  Step taken with purchase of stake in broking firm TA Enterprise From Magdalene Ng in KUALA LUMPUR THE MULTI-Purpose Holdings (MPHB) group's first investment in resort sites will be through related company TA Enterprise, the Malaysian broking house which diversified into property earlier this year.
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    • Article
      Maybank expects to meet forecast profit of M$359m
      464 3  -  From Magdalene Ng in KUALA LUMPUR MALAYAN BANKING Bhd (Maybank), Malaysia's largest and most profitable commercial bank, expects group pretax profit for the year ended June 31 to at least meet its forecast of M 5359 million made during its rights issue
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    • COMPANY BRIEFS
      • Article
        Prima buys investment holding company
        113 3 PRIMA LTD has announced its acquisition of the entire share capital of Prima Investment Holdings (Singapore) Pte Ltd, an investment holding company formerly known as Prima Ceylon Pte Ltd. The company has an authorised capital of $1 million divided into one million $1 shares. It
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      • Article
        SPK Sentosa gets new chairman
        129 3 KUALA LUMPUR SPK Sentosa held an extraordinary general meeting (EGM) on Monday, after setting aside last Thursday's injunction prohibiting the EGM. The company has been in the news lately because of boardroom tussles that featured frequent requisitions of EGMs. The demands were made by dissenting
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      • Article
        QAF director sells shares
        29 3 QAF LTD director Chan Thuan Chai has disclosed the sale of 90,000 QAF shares held in his wife's name. They were sold for $54,000 vesterdav.
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      • Article
        Purchase of SingLand shares
        62 3 TAO CHIEH FU bought 40,000 Singapore Land shares for 55.60 per share on Monday. The purchase was made through Royal Trust Bank (Asia) for the joint account of Mr Tao and Mrs Nancy Tao. Mr Tao is a director of Beijing Landmark Towers Co, a Beijing
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      • Article
        Time to buy Smartcard shares
        48 3 KUALA LUMPUR Time Engineering Berhad has entered into a subscription cum shareholders' agreement with the shareholders of Smartcard Systems (M) Sdn Bhd to subscribe for 102,000 shares of MS 1 each, representing 51 per cent of the enlarged equity interest in the latter.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      240 3 It's ANA Hotel Singapore to me from now on. J I ANA HOTEL SINGAPORE 1.. Hill lOJ C..111,1. I till I ><lr..n K< —l ..noil- ..ill II ..-I 11l ..till. liol.l .tun 1 I v H.:.1 .M.SH l. l< XNMIMN Ks.'lNl"" I. I "V.» I k THE GLOBE BUILT TO
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  • REGIONAL / INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Securities watchdog backs reform plan: HK exchange
        68 4 HONGKONG The Hongkong government's Securities and Futures Commission (SFC) baeks a Hong Kong Stock Exchange reform plan, including an end to dividend payments to members, exchange chief executive Francis Yuen said yesterday. "We've been talking to the SFC throughout so they were very
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      • Article
        Carter Holt sells Bridge Oil stake
        101 4 SYDNEY Carter Holt Harvey Ltd has placed its 49.6 per cent stake in Bridge Oil Ltd with institutions at 53 US cents a share, brokers said. The placement price compares with Bridge's closing price of 58 cents, down two cents. Brokers said the shares
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      • Article
        Intel to launch new chip next year
        114 4 PALO ALTO, California Intel Corp will introduce a new-generation computer chip next year, codenamed the P5, that will help the company maintain its dominant position in the microprocessor market, Intel officials said. Intel president Andrew Grove told security analysts that the world's computer
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      • Article
        Miti to probe industrial spy case
        82 4 TOKYO Japan's Ministry of International Trade and Industry plans to investigate Komatsu Ltd and 14 companies which are suspected of buying secret information stolen from Komatsu, a ministry official said. Last week Japanese media reported that police had arrested information broker Kiyoshi Ohta on
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    • Article, Illustration
      Joint venture QSL to buy stakes in Asian hotels
      378 4  -  It also plans to set up another subsidiary in S'pore By Sangeeta Mulchand SINGAPORE Locallyincorporated QSL, a joint venture between Spanish and Indonesian parties, has plans to acquire equity stakes in at least five Asian hotels over the next four years.
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    • Article
      Lock icon Inventor files US$925m patent suit against Polaroid
      492 4 Dispute focuses on Polaroid's Photo Magic camera UPI HOUSTON An inventor has filed a multi-million-dol-lar patent infringement lawsuit against Polaroid Corp. which recently won a US$925 million (551.62 billion) settlement from competitor Eastman Kodak Co over similar claims. "They kept talking about Polaroid
      UPI  -  492 words
    • Article
      Lock icon Sears' merchandising group posts gain
      511 4 NYT NEW YORK Sears. Roebuck Co on Monday reported higher net income in the second quarter, after a deferred charge. Perhaps more significant, the retailer said that its key merchandising group rebounded from a loss in the first quarter and posted a profit. The company's
      NYT  -  511 words
    • Article
      Lock icon TI sues Fujitsu over use of Kilby patent
      389 4 UPI DALLAS Texas Instruments Inc (Tl) said on Monday that it filed a lawsuit against Fujitsu Ltd. accusing the Japanese company of infringement of its Japanese Kilby patent that TI maintained covers all integrated I circuits made and sold in that country.
      UPI  -  389 words
    • Article
      Lock icon EC expected to slap US$70m anti-trust fine on Tetra Pak
      270 4 Reuter BRUSSELS The European Commission plans to fine one of the world's leading packaging groups. Tetra Pak, more than US$7O million (S$ 123 million) for using its market muscle to crush competition, commission sources said. The sources said on Monday
      Reuter  -  270 words
    • Article
      Canada's Inco made US$133m from share disposal
      272 4  -  By Quak Hiang Whai SINGAPORE Canadian nickcl producer Inco Ltd, which sold a 20-per-cent stake in its Indonesian subsidiary PT International Nickel Indonesia (PT Inco) during the second quarter of this year, made a gain of US$ 132.9 million (*****.6 million) from that
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    • Article
      Thailand's Imperial Family hotel group revamps for expansion
      185 4 BANGKOK The Imperial Family of Hotels in Thailand will restructure its management to prepare for a major expansion in the near future, the Bangkok Post reported on Monday. The move has been prompted by the opening of its largest hotel, the Imperial
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  • Page 4 Advertisements
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      247 4 Li ivyii'i.Tj The Straits Times Weekly Overseas A crisp Singapore' in investment opportunities appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. The Straits Times WEEKLY OVERSEAS EDITION Making an issue of the major
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      72 4 a TANG SAN ANTIQUE HOUSE a cordially invite the pleasure of your company MING AND QING DYNASTIES ANTIQUE FURNITURE EXHIBITION rap" QING OH-IOAI-S LAM GUAN HAT ARMCHAIR (WUMH WOOD! VVu Mei, Xitan Huang Huali, Jichi, Duun, Blackwood And Klmwood. Venue: Mandarin Singapore Reception Hall (sth Floor.South Wing) 333. Orchard Road.
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Merger of US biotech firms biggest in history
      282 5 Reuter EMERYVILLE, California Chiron Corp and Cetus Corp, two companies that specialise in high-tech genesplicing techniques to create sophisticated drugs and vaccines, agreed on Monday to the biggest merger in US biotechnology industry. Their merger, coming in the form of a stock
      Reuter  -  282 words
    • Article, Illustration
      NationsBank will be a giant with long-range earning power
      433 5 ATLANTA The merger between NCNB Corp and C&S/Sovran Corp will create a financial colossus with major long-range earning power and is likely to spark investor interest in more pairings between large regional banks, analysts said. But whether the new Nationsßank, headed
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  • Page 5 Advertisements
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      158 5 PEQUIGNET Because- individuals always have the best time. AN OUTSTANDING ALLIANCE i OF DESIGN AND MATERIAL, THE SAKKARA-WATCH BY PEQUIGNET H S HAS THE CHARACTERISTICS OF A RARE AND PRECIOUS OBJECT CREATED FOR WOMEN OF EXCEPTION. Naggr: 7 vitw B v»T» ASIA WATC H O MR! PIT ITD Parkway Parade.
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      193 5 Qj?_ HAT NEXT ON THE BAY? Your office lease expiring soon? Expanding your office? Relocating your office? Here are a dozen reasons why you should call Shirley Lim/Susan Eng at 339 8787 Marina Square. WE OFFER: VI A purpose-built office building ready for occupation by early 1992 Flexibility to incorporate
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank of NZ doing well in all major sectors
        105 6 WELLINGTON Bank of New Zealand operated profitably in all main areas in the first quarter of the current financial year, but its annual result will depend on New Zealand's overall economic performance, chairman Syd Pasley said. "Since balance date, the bank
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      • Article
        Mitsui defers converting firm
        93 6 TOKYO Deteriorating market conditions in the US prompted Mitsui Taivo Kobe Bank to withdraw an application to convert its New York non-bank trust company to a commercial bank, a senior official at the bank said. "It was a strategic decision. With market conditions in the United
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      • Article
        TSE chairman to go for hearing
        79 6 TOKYO The Finance Committee of Parliament's Lower House has decided to call the chairman of the Tokyo Stock Exchange (TSE), Minoru Nagaoka, to answer questions at a hearing on the brokerage scandals tomorrow, the committee chairman said. However, the committee decided not to call
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      • Article
        Swiss Bank sees higher cash flow
        66 6 ZURICH Swiss Bank Corp said it expected group cash flow to rise sharply in 1991 after it fell in 1990 to 1.63 billion Swiss francs from 1.99 billion. "Provided that stock exchanges remain in good form, and the dollar remains firm, the bank expects
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      • Article
        Ex-Lincoln chief pleads guilty
        89 6 LOS ANGELES The former chief executive of Lincoln Savings pleaded guilty to fraud charges on Monday and agreed to cooperate in the prosecution of Charles H Keating Jr, the owner of the failed thrift. Robin S Svmes, 38, is the fourth former Keating associate to strike
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      • Article
        Bonn hopes to finish first draft
        74 6 BONN The Bonn finance ministry hopes to complete a first draft of legislation implementing a European Community directive on insider trading by the end of the year, finance ministry spokesman Karlheinz von den Driesch said. The law must be in place no later than
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    • Article
      Banks have bigger roles to play under Sixth M'sia Plan
      374 6  -  From Magdalene Ng in Kuala Lumpur THE Sixth Malaysia Plan (SMP) presents banks with new challenges that indicate a bigger role for them in the country's development. The chairman of the Malaysian Association of Banks, Ahmad Mohd Don, told reporters
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    • Article
      Lock icon Amex earnings drop 20pc in 2nd quarter
      575 6 Latest overall performance better than Wall Street expectations NYT NEW YORK American Express Co has said that its second-quarter profit fell 20 per cent, to US$256 million (***** million), or 53 cents a share, from US$32O million, or 73 cents a share, a
      NYT  -  575 words
    • Article
      Collapse of bank may have vital implications for Asia
      445 6  -  The BCCI crisis By Chew Eng Han SINGAPORE Recent developments in the financial world have left the Asian economies more vulnerable than they were six months ago. according to Political Economic Risk Consultancy (PERC), which said that the collapse of Bank
      445 words
    • Article
      Lock icon Bad loans, treasury losses brought down the bank
      219 6 FT LONDON The Bank of Credit and Commerce International was brought down by bad loans to a single Pakistani shipping family and losses of "several billion dollars" on its treasury operations, it was revealed on Monday. According to auditors Price Waterhouse, whose
      FT  -  219 words
    • Article, Illustration
      Japanese firm raises US$82m loan facility through club deal
      235 6  -  By Kooi Cho Teng SINGAPORE Tostem Thai Company, a Japanese manufacturer of building materials incorporated in Thailand, yesterday signed a US$B2 million (S$ 139 million) syndicated loan on a club deal basis arranged here by Mitsui Taiyo Kobe Bank. Kyocho yushi
      235 words
    • Article
      Lock icon Marine Midland to take cost-cutting measures
      250 6 Reuter HONGKONG Marine Midland Banks Inc has said it would tackle its problems head on with cost-cutting measures but that its long-term prospects are fine. Earlier, the New York State Bank, a wholly-owned subsidiary of Hongkong and Shanghai Banking Corp, announced a net loss
      Reuter  -  250 words
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      Page 6 Advertisements Column 2
      208 6 On the horns of a banking dilemma, Pg 10 Archive PCB ASSEMBLY EQUIPMENT FOR SALE FOLLOWING EQUIPMENT IN GOOD WORKING CONDITION TO BE SOLD "AS-IS-WHERE-IS" BASIS. Quantity Year 1. Fully operational air-conditioned manufacturing facilities (21,000 sq ft) 2. Dynapert DIP Inserter 2 units 1985 3. Dynapert Sequencer -80 stations 1
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  • Page 7 Advertisements
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      293 7 HONGKONCBANK CAN YOU CHECK YOUR BALANCE AND GET CASH IN MIDTOWN MANHATTAN... Today, travelling between continents is as easy as travelling of the USA has tens of thousands. Across the Atlantic, ETC between towns. Apart from one aspect; money. How many International can be used at thousands more ATMs around
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  • THE REGION
    • NOTE BOOK
      • Article
        Philippines pessimistic about getting loan
        78 8 MANILA The pace of Philippine economic reform makes it unlikely that the country will secure a US$l billion (551.75 billion) loan from the World Bank and three other hnancial institutions this year, the governor ot the Philippine central bank said on Monday. Jose Cuisia said
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      • Article
        Bases pact to be signed soon
        85 8 MANILA The new bases treaty between the Philippines and the US will be signed by the end of this month and submitted for ratification soon after. The Philippine Foreign Office announced yesterday: "The basic provisions and principles have all been cleared so it's just
        85 words
      • Article
        Loan to Bangkok to be finalised
        84 8 BANGKOK The Japanese government's Overseas Economic Development Fund (OECF) is expected to sign its 16th loan agreement with Bangkok, worth in excess of 80 billion yen (Ssl billion), with the Thai Finance Ministry before the end of the month. Government sources said that the
        84 words
      • Article
        Minor impact seen from spill
        96 8 SYDNEY Oil from Australia's worst tanker spill began drifting towards the mainland and islands off the west coast yesterday but the authorities expect the impact to be minor, the spill from the Greek tanker Kirki in the Indian Ocean has only minimally affected the surrounding
        96 words
      • Article
        Indonesia unaffected by decision
        80 8 JAKARTA Indonesia will not be affected by the World Bank's decision last week to end financing of commercial logging of tropical rain forests. All commercial logging in Indonesia had been financed by loans from domestic banks, the official Antara news agency yesterday quoted Forestry Minister Hasjrul
        80 words
      • Article
        Aussie, NZ forces may merge
        76 8 CANBERRA The defence forces of Australia and New Zealand could be merged in the next 20 years to save money. Australian Defence Minister Robert Ray said yesterday: "There is no way long term that we can sustain separate defence forces." He said there would be
        76 words
      • Article
        Oil firms want special licences
        91 8 SUVA Three foreign oil trading firms have asked the Fijian government for special import licences as an alternative to restrictions soon to be introduced on oil imports. GeofT Zippel, the South Pacific regional manager for Mobil Oil, said yesterday that licences to Mobil, Shell and
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    • Article
      S'pore firms in line for slice of HK airport/port project
      337 8  -  Opportunities in subcontract work, says report By Anna Teo SINGAPORE Companies in the Republic stand a good chance of winning subcontract jobs in Hongkong's mul-ti-billion-dollar airport and port project, says Political Economic Risk Consultancy Ltd (Perc). While they may not
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    • Article, Illustration
      Lock icon Move to help bumiputras acquire business skills
      373 8 Reuter KUALA LUMPUR After 20 years of trying to make politically-dominant Malays wealthier through favourable policies, Malaysia now wants them to acquire the business skills needed to make their own way in the Chinesedominated economy. While the government will continue to distribute wealth
      Reuter  -  373 words
    • Article, Illustration
      Lock icon Retail space demand still strong
      612 8 Update On The Property Market In Malaysia Conference Bernama KUALA LUMPUR Demand for retail space in Malaysia now outstrips supply and demand from local and foreign retailers is still very strong, according to a property realty firm. James Wong, a partner of Viger Realtors (KL)
      Bernama  -  612 words
    • Article
      Lock icon Mixed prospects for industrial sector
      222 8 Bernama KUALA LUMPUR Market prospects in Malaysia for i industrial property development in the 1990s appear to j he mixed as the actual implementation and future investment in the decade is likely to he much lower than expected, says an expatriate property executive. The vice-president
      Bernama  -  222 words
    • Article
      Thailand will be flooded with golf courses
      321 8 BANGKOK The number of golf courses in Thailand is on the rise, threatening an oversupply situation. With 60 courses operating and 200 being built or in the planning stages, it could take a few years for the market to adjust, the Bangkok Post
      321 words
    • Article
      Lock icon Four million sq ft of new office space expected by 1995
      348 8 Bernama KUALA LUMPUR About four million sq ft (371,600 sq m) of net lettable office space will become available in Malaysia by early 1995, if all new office building projects proceed as planned, says an industry executive. Roger Gumley,
      Bernama  -  348 words
    • Article
      Lock icon Thai minister sees GDP growth exceeding 8pc
      286 8 Reuter BANGKOK Thailand's gross domestic product is likely to grow by more than 8 per cent this year in spite of austerity measures taken by the government to curb inflation and the current account deceit, says Deputy Finance Minister Virabongsa Ramangkura. He said
      Reuter  -  286 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      180 8 Perth, Western Australia. Don't run around the block looking for some of the best investment properties in Perth's rapidly developing West End CBD. No. 899-*****3-907 No. 914 No. 918 Demand a Block Buster copy of this brochure detailing 4 pnme opportunities that are to be auctioned 11AM TUESDAY AUGUST 20th
      180 words
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      Page 8 Advertisements Column 2
      42 8 WWWWWWWWWWWWWVWWWWWWWWWWWWWWWW v 4 I The Discerning Man's Choice. I < fIT 77 < \s^o Creator of Prestigious Fabrics. < Available only at selected tailors. J < < < inquiries: R< thcil Hoc vS: Co Lk' Ltd < «L)-(> 2 Blanco Court 353 North Bridge Rd. Singapore <• < IS. Tel:
      42 words
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  • THE WORLD
    • Article
      Lock icon US may allow Iraq to sell oil to pay war reparations
      356 9 Sanctions hurting people more than Saddam NYT WASHINGTON The Bush Administration is drawing up a plan to allow the Security Council to remove some sanctions against Iraq to allow Baghdad to sell petroleum for the purchase of food and
      NYT  -  356 words
    • Article
      Lock icon IMF eases India's credit crunch with US$220m loan
      210 9 Reuter WASHINGTON The International Monetary Fund granted India a US$22O million (*****.89 million) emergency loan on Monday to help the country weather the financial fallout from the Gulf crisis. The credit is a vote of confidence by the IMF in India's ability
      Reuter  -  210 words
    • Article
      Lock icon France will not give up policies in Gatt talks
      98 9 FT PARIS France will not surrender its agricultural and industrial policies in the Uruguay Round of talks under the General Agreement on Tariffs and Trade (Gatt), Mr Dominique Strauss-Kahn, French Industry and Foreign Trade Minister, has warned. He dismissed as "unbalanced"
      FT  -  98 words
    • Article
      Lock icon Belgrade fears civil war after failed peace talks
      421 9 Reuter OHRID, Yugoslavia Yugoslavia's leaders said yesterday they feared an all-out war after the collapse of peace talks and the worst fighting between rival Serbs and Croats since World War 11. The state presidency, the heads of the six republics and government
      Reuter  -  421 words
    • Article
      Lock icon Mexico won't be environmental dumping ground: Carla Hills
      338 9 AFP OTTAWA US Trade Representative Carla Hills on Monday said that fears that Mexico would become an environmental dumping ground for North American businesses under a proposed new trade pact were unfounded. "We have developed a mechanism to deal with, for example,
      AFP  -  338 words
    • WORLD WATCH
      • Article
        British govt launches citizens charter
        76 9 LONDON Prime Minister John Major launched his citizens charter on Monday, a scheme designed to raise living standards by giving consumers the right to compensation if public services are inadequate. The 113-point charter, which is considered central to the conservative government's re-elec-tion plans, was presented
        76 words
      • Article
        US Senate debates China status
        102 9 WASHINGTON The Senate opened debate on Monday on whether stiff new conditions should be attached to normal trading status for China next year. The bill's primary sponsor. Majority Leader George Mitchell, said it was clear that a majority of senators favour the conditions as a
        102 words
      • Article
        China to register trade names
        72 9 BEIJING China's 4.7 million businesses will be able to register their names under a newly passed regulation, official news reports said yesterday. Firms may apply on Sep 1 to enjoy exclusive rights over their trade names, the China Daily quoted an official of the state
        72 words
      • Article
        Tokyo fights labour shortage
        94 9 TOKYO The Japanese Labour Ministry yesterday encouraged political and business leaders to improve the environment to allow more women to work as a solution to the country's serious labour shortage. The ministry, in an annual white paper, called on the leaders to promote the new childleave
        94 words
      • Article
        Division seen after unification
        78 9 BONN East and west Germans like each other less than they did when their two countries united last October, according to an opinion poll published on Monday. The poll in Der Spiegel magazine, the first to compare the mood throughout Germany in mid-1991 with that when
        78 words
      • Article
        Taiwan's rich getting richer
        75 9 TAIPEI Taiwan, which has long prided itself on having one of the most equal distributions of wealth in the world, is steadily becoming less equal, the Bureau of Statistics said. The richest 20 per cent of households had an average disposable income about five times that
        75 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      241 9 SmplyTHe Best I In every way, the new 1.6 litre Nissan Presea is the perfect medium-sized family saloon. BODY BEAUTIFUL. Smooth natural lines. Hitech aerodynamics. Sleek recessed headlamps. A grilleless mask. A rounded rear window all working in harmony to create a breathtaking work of art. TAKE A LOOK INSIDE.
      241 words
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  • Article
    A tentative helping hand
    491 10 EDITORIAL PREDICTABLY, Mikhail Gorbachev's dramatic presence at last week's G-7 summit in London did not translate itself into billions of dollars in aid pledges to the beleagured Soviet economy. Heads of state of the world's seven leading industrial nations gave Mr Gorbachev a fair hearing as
    491 words
  • WHAT THE OTHERS SAY
    • Article
      A base for stability
      245 10 THE WANING of the Cold War and the budgetary crunch in the US dictate that its Asian presence will not be maintained at the levels of the past. Washington is exploring new kinds of regional security arrangements that will enable it to have fewer forces permanently
      245 words
    • Article
      The need for recognition
      161 10 FIRST Deputy Prime Minister Brigadier-General Lee Hsien Loong has suggested that Mendaki give awards to deserving students to give them recognition and encourage them to excel. BG Lee proposed three types of awards. One, for three key subjects English, Mathematics and Science. Two, top students at
      161 words
    • Article
      Attracting tourists
      104 10 WITH progress in transportation and communication, and with travelling becoming more popular, tourists who "have not seen the world" are getting fewer. Tourists will also be more prudent in making choices and comparisons. In this regard, Japanese tourists are no exception. No matter how wealthy they are, they
      104 words
  • REGIONAL VIEWPOINTS
    • Article
      Negative regionalism
      93 10 REGIONALISM can be a positive force if it means mutual co-operation, but it is negative if buttressed by hostility to other parts of the world. Asean should focus on developing the genuine economic and political cohesion that has eluded it for the 24 years of its existence. Individual
      93 words
    • Article
      Something for all sides
      203 10 THE rancorous dispute over the future of America's bases in the Philippines is all but over. After a year of wrangling and emotion, the major points of disagreement were settled by the long-hidden powers in Mount Pinatubo. With the Cold War era now becoming a thing
      203 words
    • Article
      Coming of age
      216 10 TRADE and economics are the by-words for today's world. No longer is power totally synonymous with military hardware or arms. It is increasingly edging in and taking up residence in the sphere of economy and finance. A gradual phasing out of the armament generation spawned by the
      216 words
  • Article, Illustration
    On the horns of a banking dilemma
    2055 10  -  As a result of their handling of the crisis at the Bank of Credit and Commerce Hongkong, the colony's financial regulators now face a credibility problem. Catherine Ong, BTs Hongkong correspondent, reports Catherine Ong THERE were some good rumours flying around central Hongkong
    2,055 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      26 10 DOONESBURY BY GARRY TRUDEAU MQH.MCKSTINA* IPUNNO.RAV. I THOUGHTSHZ'PBe TINA S5 l WtNBKT WH tf£PO nu fjn Hsfi£ TOMBSTMa. I «**"*>**£ I TRAMPS 60? YOUR 60TTAK56P I o
      26 words
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  • ANALYSIS
    • Article, Illustration
      Is the small depositors' bank going commercial?
      825 11  -  In March last year, the POSB adopted a new corporate identity and became the POSBank. The national savings bank has ajso been providing commercial services. Diana Oon discusses the changing profile of the bank Diana Oon IS the POSBank going to be turned
      825 words
    • Article, Illustration
      Another milestone in S'pore-Jakarta ties
      985 11  -  Today. President Wee Kim Wee begins a five-day visit to Indonesia. Chuang Peck Ming discusses the importance of the President's trip Chuang Peck Ming PRESIDENT Wee Kim Wee could not have foreseen it. Three decades ago. he was in Jakarta as a reporter covering Lee
      985 words
    • Article
      Lock icon HP: not just a business
      576 11  -  Catalina Ortiz reports on the men who made Hewlett-Packard what it is today Catalina Ortiz AP THEY are the patriarchs of the electronics industry, founders of the original Silicon Valley garage startup, a company that earned the loyalty of workers and admiration of peers. William
      AP  -  576 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      83 11 OHG.ESTB. IM* For one in a group of 4 adults. From Monday to Friday between 11 am and lpm.* Set Tiffin Lunch $14.00++ J Curry Fish Head( 1/2) $10.00+* J Cor volet parking every Monday to Friday from i J l :30om to 2:3opm along 5 J Neil Rood. Every
      83 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      219 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate* Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. A MKMIIIvK OKCl)l. lIOTKLS IKMII •MNC.AH)KI I lavclock Road, Singapore 0.31 b.Te1:7.3.*****
      219 words
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      Page 12 Advertisements Column 2
      330 12 SluL.'j; ********** l Malaysian Food heslival 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
      330 words
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      Page 12 Advertisements Column 3
      294 12 DOUBLE CELEBRATION (3-31 JULY) At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Double Celebration Giveaways: A $10 Metro Plaza shopping voucher for every $50 spent at Cafe Plaza. A 20% discount
      294 words
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      Page 12 Advertisements Column 4
      277 12 DAILY AT A THE PINE COURT lAi AmWst Imperial splendour our chefs l/jKtF stage their highly-acclaimed performance hWf\< ,e B endar y Bei|lng cuisine to the satis- <1., IjJf iX v faction of demanding diners.To guarantee rV your place amongst the discerning, make I *1 your reservations early tf,)!' j
      277 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      722 12 TELEVISION AND RADIO P>! Jrr QVI V\l JJ AP SBCI2 *30 MkMStofci* The Fly BJS Sl-Romy Oh Romy. UIUCa 7.00 International (L). ILI o Kasih NX-3 PI (last B BC, 88.9 mHz in VHF Band H 7.00 PM CNN International (L). to av,d and wa s h,lt of 10.00 World
      722 words
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  • LIFESTYLE
    • Article, Illustration
      The other side of Satyajit Ray
      871 13  -  As SBC continues its screening of movie classics directed by the eminent director, Salil Tripathi looks at his other accomplishments Salil Tripathi THIS is not the title of a kiss-and-tell biography of India's greatest film-maker. This is the story of his genius that often
      871 words
    • Article, Illustration
      Lock icon Fashion visionary, czar pioneer, workaholic
      930 13 Fashion visionary Pierre Cardin is not going to like financial journalist Richard Morais' new book, a warts-and-all portrait of The Man Who Became a Label IHT PIERRE CARDIN sums up his fashion life with these words: "My name is more important than myself, ft is,
      IHT  -  930 words
    • Article
      Kuwait's red tape poses problems
      601 13 CHATTERBOX FOREIGN business executives seeking contracts in Kuwait often grumble privately at the frustrations they continue to face, even when business prospects appear good. There are plenty of airline flights to Kuwait these days. On arriving you can get a cab, though it can be
      601 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      299 13 AND ENTERTAIN There's No Beefing About It. From 1 July to 31 July 1991 Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad. I A
      299 words
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      Page 13 Advertisements Column 2
      66 13 THE SECRET OF THE FABULOUS COCKTAIL WILL BE REVEALED ON 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. VSiCKSAPggt/ RAFFI.ES HOTEL REOPENS WITH 104 SUITES. BAA AND BILLIARD BOOM. BAFFLES (.BILL TIFFIN BOOM. WRITER'S BAB. LOBBY BAB AND FUNCTION ABE AS INCLUDING THE EAST INDIA BOOMS AND PALM GARDEN
      66 words
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  • THE LAW PAGE
    • Article
      When a joint lessee dies, who gets the flat?
      893 14  -  Selva Kumar examines the consequences of HDB joint tenancy for dependants Selva Kumar About so per cent of Singaporeans own Housing and Development Board flats, many of them as joint owners. But it is doubtful if all the joint lessees know
      893 words
    • Article
      What Chief Justice says about summary judgment
      393 14  -  Often in court proceedings an application is made for summary judgment. David Gabriel reviews this time-saving procedure. David Gabriel THE Chief Justice, Mr Yong Pung How, had occasion to spell out what was entailed in the procedure known as summary judgment in a
      393 words
    • Article
      A twist in summary judgment proceedings
      454 14 CASE t CASCADE SHIPPING INC V EKA JAYA AGENCIES (S) PTE LTD The High Court of the Republic of Singapore, Suit No. 2084 of 1990 Justice Chao Hick Tin. IN AN appeal against a summary judgment, where there is no real dispute over the
      454 words
    • Article
      Substitute service of writ
      361 14 NG SWEE HONG V SINGMARINE SHIPYARD PTE LTD The Court of Appeal of the Republic of Singapore, Civil Appeal No. 30 of 1985 Chief Justice Yong Pung How and Justices Lai Kew Chai and LP Thean. THE COURT considered the issue of serving a writ when
      361 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      254 14 jllli jZM MWWP^^^IWWPI aa,> w 'iiindrSM IK IT MATRIX PRINTER A^~r' wt %f- s* »^M «**> •<•' f jtß^MßßilM^^iM^Mrtl I tifle .j*f*&fcjb&fr£oßK r^dSMSfcafec'ted^^gßi^P^^^P^^^^k^fl^fca^i^Ji^Bi^Bßi^^^^^^KKlSlMMHlEs^^': .itfoatefc-.-Obviously, you'd go for the one on the charts, superior graphics, documents It's an area we pride ourselves in right. And you wouldn't be wrong. good enough
      254 words
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  • SPORTS
    • Article, Illustration
      Skiers aim for the big one
      523 15  -  With three international competitions coming up, the Singapore Water Ski Federation has shifted into high gear and gone into some serious training. Jesse Boone watches them churn up the waters Jesse Boone THE water sprays up and the wind jams against your face. A
      523 words
    • Article
      Lock icon LeMond's back in the hunt
      372 15 Tour de France AP GAP, France Reports of Greg LeMond's demise may have been grossly exaggerated. Down from a fall and almost out after some exhausting mountain stages, LeMond rebounded with a surprise breakaway in the final 15 kms of the 16th leg. It showed
      AP  -  372 words
    • SIDE LINES
      • Article
        S Korea proposes talks with the North
        127 15 SEOUL South Korea yesterday proposed that it reopen sports talks with rival North Korea next month on forming unified teams for the 1992 Olympics and other international events. Chang Chung-shik, chief South Korean sports delegate, sent a message to his North Korean counterpart,
        127 words
      • Article
        Ramirez wins two-race event
        74 15 TURKU, Finland Aaron Ramirez of the United States won a unique two-race event at 1,500 and 5,000 metres on Monday, 67 years after Turku native Paavo Nurmi pulled off a similar feat in the Olympics. Ramirez was third in the 1,500 in 3:46.10. Then, 55 minutes
        74 words
      • Article
        Pridham upsets Caratti
        60 15 MONTREAL Canadian Chris Pridham upset 11th seeded Cristiano Caratti 6-3 3-6 7-5 in a first-round upset at the US$l.2 million Canadian Open men's tennis tournament on Monday. US Open champion Pete Sampras, seeded fourth, and fifth seeded and defending champion Michael Chang, both of the US, were
        60 words
      • Article
        Mandela tours site
        81 15 BARCELONA African National Congress leader Nelson Mandela toured Olympic Games installations here on Monday and called for genuine equality for black athletes in South Africa. "There must be sufficient sporting facilities for black sportsmen, there must be sufficient instructors and infrastructure," Mandela told a crowd of several
        81 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      254 15 BUSINESS TIMES TELEPHONE: 730-5771/5772/3773 PAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ong Cheng Bcng of Blk 157, Tampines Street 12, #06-45, Singapore 1852, have applied for a Beer House First Class licence in respect of premises at M/s JB Muslim Eating House at Blk 131 Marsiling
      254 words
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      Page 15 Advertisements Column 2
      52 15 THE 40% AT THE HONG MOVE A HIGHER >«, rather j6£f*~~~',\ peace H a m. cxfurther jfc the 1 Mr But the ft '^feto 1 v m to at the t in Hong You m gJL 7 *te Afll m 1 ftPF t- HOTF.I b&tfH Ml jmf Jr r« v
      52 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Property stocks volatile in a day of modest gains
      4573 16  -  By Salil Tripathi WITH enthusiasm damped by the cautious remarks of some analysts, the benchmark Straits Times Industrial Index (STII) failed to stay above the 1,500 mark in the true spirit of a preNational Day rally. It remained above that psychological
      4,573 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4187 17 Main Board SPH Foreign 1390 50 +3.7% OCBC Foreign 1080 t-40 +3 8% Jurong Ship 50« 900 25 2.9% SI X Foreign 1970 20 +10% DBS Foreign 1340 20 +1.5% Roih Inds 50* 540+20 3.8% Singmarine 50* 540 +20 +3.8% Semb Mantime 418 20 +5.0%
    4,187 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      259 18 Company Data Year Croup Nat Nat earnings Gross aaa to profit/toss (L) par shara dividend ('000) (c««ts) Iransmarco Jut 16 Mar 91 $8 545($9?43) 342(3/0> 6v6) General Corpn Jull? Jan 91 MS4 /00($4.219i) 1 9(-) H leong Fm W 12 Dec 90 $36.762($34 858) 16 4(15 5<i) 10(9
      259 words
    • Article
      PRELIMINARY RESULTS
      251 18 Company Data Yaar Group pre-tax Nat earnings Gross ana to profit/loss (L) per share dividend ('000) (cents) ftamunting Corpn Jul 19 Mar 91 MS21.011 (J15.4-10) 11(10) 1.5(1) Pelang, BM Jul 19 Mai 91 M$22.583($I4,247) 6 8(4 9a) 10(7 5a) Sel Oedg Jul 18 Mar 91 MS9.331 (J2.685e) 2
      251 words
    • Article
      INTERIM RESULTS
      225 18 Company Data Half-year Group pro-tax Interim ann to profit/loss (L) dividend ('000) Bolton Jul 22 Jun 91 M$10.944(15.821) MBt Finance Jul 22 Jun 91 M$70.387($38.062e) 5(—) CASH Jul 18 Feb 91 M$ 1.182 ($6691) C Properties Jul 11 Jun 91 $5,029(J2.867 20(20) Ganda Hldgs Jun 25 Mar 91
      225 words
    • Article
      CORPORATE DEVELOPMENTS
      736 18 Jul 22 Inter-Pacific group is to acquire a 10% stake in Berjaya Corporation from IGB Corporation for Ms6om, raising its stake in Beriaya from 61 34% to 71 29% Jd 19 Antah Holdings Bhd is selling 19 25m Arab Malaysian Merchant Bank shares (10%) to Temerloh Rubber Estates
      736 words
    • Article
      DIVIDENDS ANNOUNCED
      682 18 Current Ex Books Date Total for Total for 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 NYA 2 8C Al«i Hdjs 50c 6%(b> Sep 4 Sep 16 Sep 30
      682 words
    • Article
      RESULTS DUE
      569 18 Main Board Last Full Year Company Penod Date Year Net EPS Gross Net announced endnj (cents) Av profit last rear 000) Cerebos Interim Apr 27 Jul 91 126 20OTE(a) 38.911 Spore Land Interim May 4 Dec 91 126 10 0 44 641(g) SNP Interim Jul 26 Dec 91
      569 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1089 18 Prices as at 23.07.91 Conversion terms Premium/ Expiry —r r r 1 r (discount) r Amount Optional" using issued Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash Loan Gearing, Date Mths units) stock ratio price nom Sth Left value S S $,%<%■'/» Burwll 115
      1,089 words
    • Article
      APPROVED ISSUES
      391 18 Company Rights Issue AJcam One tor two MJ1 00 per share Issue of 40m Cumulative Redeemable Preference Shares iCRPS) of MSO 10 eac* at MSI per share w<th 10m detachable TSR on the basis of 1 CRPS with 1 TSR tor e*ry 4 CRPS Enlate Jan 7 Books
      391 words
    • Article
      PROPOSED ISSUES
      483 18 Company Rights Issue Ufa nee Tech One for one (a. $1 00 per staff Bolt or Issue of $90 978m nominal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991 with 45A89m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares held
      483 words
    • Article
      BONDS, LOANS & WARRANTS
      836 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term (or one ordinary share Btrwi Wt Before 30/6/94 1 warrant plus HKJ1 00 cash i Wt Before 26 '4/93 1 warrant plus S3 09 cash Causeway loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant pius
      836 words
    • Article
      COMPANY MEETINGS
      364 18 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 11.30 am. Heiza Corpn Bhd: 22nd AGM at Kayangan
      364 words
    • Article
      RECORD HIGHS & LOWS
      204 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 N* 1333 08 3/6/91) J»J J*"® 1991 tow: *****2 (16/1/91) J" Si JSn JSn/21 1990 t«fh: *****3 (16/7 90) ®°7 j2 <J7/3,90) 1990 tow: 981 07 09/11/90) 1990 J"? [J**?® S'/S 1989 tifh: 1322.00 < 28/12/89) 19S9 Njh 487 76
      204 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close higher on renewed buying interest
      4241 19 Bernama SHARE PRICES closed broadly higher yesterday on renewed buying interest and strong follow-through support in moderately active trading. The KLSE Composite Index broke through the 600point level to finish at 601.92, up 6.07 points, while the industrial index rose 13.30 points to
      Bernama  -  4,241 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      323 19 TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 MAJOR INTERNATIONAL DAIRY PRODUCTS GROUP General Manager Industrial Marketing (Ref 1051) Around $130,000 plus car Our client is engaged in the marketing and distribution of consumer and industrial dairy products throughout S. E. Asia and the Indian subcontinent, with Singapore as the regional headquarters. Rapid sustained
      323 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close mixed in day of narrow trading
      2229 20 Reuter TOKYO STOCKS ended mixed in thin trade yesterday. Stock index futures buy and sell programs bounced prices up and down from positive to negative territory through the day. Trade was narrow and featureless with many investors still jittery over how far
      Reuter  -  2,229 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng index ends at another record high
      2021 20 Reuter THE Hang Seng Index finished 21.47 points up to close at a record high of 4,009.82, slightly higher than the previous record of 4,009.35 set last Friday. Trading was quiet in the morning as most investors stayed sidelined before the US
      Reuter  -  2,021 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks take a breather after run-up
      • Article
        Untitled
        471 21 INDICES TURNOVER AUSTRALIA Close July 23 Previous All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.570.6 2,386.9 940.9 115.5 1.570 3 2.385.4 942.4 101 2 +0.3 1.5 -1.5 f 14 3 BANGKOK SET Index Turnover(million baht) 706.86 5.100 ***** 4.630 -3.75 470 JAKARTA Composite Index ***** *****
        471 words
      • Article
        AUSTRALIA
        929 21 THE AUSTRALIAN share market yesterday elosed steady after a day of mixed support for leading stoeks. Buying and selling was reported among loeal and European investors, but brokers said overall the market was consolidating after Monday's strong gains which pushed the index to an 11-month high. The All Ordinaries
        929 words
      • Article
        BANGKOK
        773 21 BANGKOK share prices moved downward in heavy trading yesterday due to profit-taking. The SET Index dropped 3.75 points to close at 706.86. "The market was busy with speculators selling shares in the finance sector, causing the index to fall 8 points," said a broker from Mithai Europartners Finance and
        773 words
      • Article
        MANILA
        510 21 PHILIPPINE shares closed lower yesterday in a market appreciative of President Corazon Aquino's sincerity in her state-of-the-nation speech but wanted effective government action to improve the country's economy, brokers said. Manila's Composite Index lost 12.63 points from Friday to finish at 1,010.34. Monday was declared a holiday as left-ist-led
        510 words
      • Article
        JAKARTA
        665 21 THE JAKARTA stock index yesterday closed little changed at 325.26 from Monday's 324.35. and brokers said trading was active in cement shares after news that the government would raise the cement price next week. Indocement edged up 50 rupiah to 10,050, with 225,500 shares changing hands. Semen Cibinong rose
        665 words
      • Article
        NEW ZEALAND
        299 21 TRADE on the New Zealand share market yesterday continued much along the same vein as Mondav, with Telecom again dominating business in a steady market. Telecom, which represented about half the NZ$43 million turnover for the day, fell two cents to NZ$2.2B. "The market is still absorbing the
        299 words
      • Article
        TAIPEI
        466 21 SHARE prices in Taiwan yesterday finished lower in sluggish trading as investors remained on the sidelines to avoid further losses. The Weighted Index ended at 4,822.98, 72.86 points or 1.5 per cent lower than Monday's 4,895.84 close. Turnover was thin at NT$2O billion against NT523.3 billion. Dealers said the
        466 words
      • Article
        SEOUL
        738 21 SEOUL share prices edged down in active trading yesterday, with the Composite Index slipping 1.22 points to close at 658.27. Declines outpaced advances 462 to 212 among the 788 issues that changed hands. Volume stood at 27.202 million shares valued at 396.7 billion won. Seoul July 23 Won COO)
        738 words
      • Article
        BOMBAY
        42 21 THE BOMBAY Stock Exchange was closed for the Muslim holiday of Moharrum yesterday. Trading resumes today. On Monday, the BSE Index fell 36.07 points, or 2.48 per cent, to 1,419.31, hit by pre-budget jitters. The National Index lost 3.94 to 701.44.
        42 words
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  • WORLD STOCK MARKETS
    • Wall Street down slightly in thin trade
      • Article
        Untitled
        528 22 INDICES TURNOVER NEW YORK (lose July 22 Previous Dow Jones NYSK Financial SAP 500 Turnover (million) 3.***** 3.016.32 153.25 154 29 382 88 384 22 149 1 190 7 -3.35 -1 04 -1.34 -41.6 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.9738 2,558.5 348.7 1.959.5 2.541.5 441.0 14.3 17.0
        528 words
      • Article, Illustration
        NEW YORK
        1431 22 NEW YORK stocks weakened a bit on Monday in lethargic midsummer dealings as traders, investors and investment advisers grew increasingly perplexed and concerned about the high price of stocks at a time of economic uncertainty. Investors were also worried that two huge Treasury refinancings now in the works
        1,431 words
      • Article, Illustration
        LONDON
        620 22 LONDON shares soared to record trading highs yesterday morning and equity analysts reckon the rally will continue. "There is a real risk for investors of not being fully weighted in an equity market which is headed upwards," said Paul Walton, equity strategist at James Capel. The FTSE 100-Index hit
        620 words
      • Article
        FRANKFURT
        377 22 AFTER drifting lower through most of the session, German shares on Monday recovered most of their earlier losses in the last 30 minutes to end mixed. The 30-share DAX index ended 0.96 points, or 0.06 per cent, lower at 1,623.03, up from an intraday low of 1,614.24. "There was
        377 words
      • Article
        AMSTERDAM
        359 22 DUTCH SHARES on Monday closed mostly firmer in thin trading amid some scattered foreign investor demand. Traders said the market reversed small opening losses with support from a rising London bourse. "Today's market was very, very dull," said a trader. The CBS Tendency Index closed 0.3 points higher at
        359 words
      • Article
        MILAN
        145 22 ITALIAN shares on Monday closed slightly higher in moderate buying focused on banks and selective industrials, but volume remained very thin and estimated below 100 billion lire. The MIB Index edged up three points, or 0.27 per cent, to close at 1,107, but turned downward to show a 0.09
        145 words
      • Article
        STOCKHOLM
        74 22 SWEDISH shares on Monday began the week as they ended the last lower for the fourth consecutive day in thin, lifeless trade. "There is a lot of uncertainty over where the bourse should be," said Tomas Trocme, technical analyst at the Stockholm brokerage Consensus Fondkommision. The bourse's general index
        74 words
      • Article
        JOHANNESBURG
        350 22 THE JOHANNESBURG stock market on Monday drifted slightly lower in thin and nervous trading in reaction to the renewed upswing last week to fresh peaks. Dealers said the possibility of anoth- er sharp downward correction kept investors on a cautious footing, as did renewed political uncertainty following the secret
        350 words
      • Article
        TORONTO
        418 22 TORONTO stocks closed moderately lower on Monday on profit-taking from last week's gains, dealers said. "There's a lot to be encouraged about in the action in the last little while," said Michael Graham, director of private investing at Midland Walwyn Capital Inc. The TSE-300 Composite Index closed oflf 15.9
        418 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      61 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      61 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar ends higher against mark on short-covering in Tokyo
      1191 23 REPORTS ASIA Tokyo: The dollar ended nearly one pfennig higher in Tokyo yesterday on renewed short-covering in the afternoon, while stagnant trade persisted against the yen, dealers said. Profit-taking sales of marks for yen by life insurers and exporters also prompted
      1,191 words
    • Article
      Lock icon Daunting supply seen at US Treasury auctions
      423 23 Reuter NEW YORK Investor demand at upcoming US Treasury auctions may be inhibited by the sheer volume of new supply facing the market, say economists and managers at US primary dealers. The Treasury was due to announce monthly two and five-year note auctions
      Reuter  -  423 words
    • Article
      Lock icon No plans for another BOJ rate cut
      191 23 Reuter TOKYO The Bank of Japan (BOJ) seems to have no plans to cut the discount rate again. Economic Planning Agency Minister Michio Ochi says. He also said yesterday that the current dollar-yen range of 135-140 yen was favourable. But he said he
      Reuter  -  191 words
    • Article
      FINANCIAL FUTURES
      1184 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.76 93.77 93.75 93.76 3010 ***** 2929 Dec 91 93.17 93.18 93.17 93.17 2020 ***** 2737 Mar 92 93.12 93.13 93 12 93.12 933 ***** 1505 Jun 92 92.75 92.75 92.73 92.74 294 1883 645 Sep
      1,184 words
    • Article
      INTERBANK FOREX RATES
      400 23 Cross rates July 23 I USS SS MS Dm Yen SFr AS NZS USS 1.7540 2.7875 1.7665 137.60 0.5981 1.5275 1.2912 1.7683 SS 0.5701 1.5892 1.0071 0.7845 0.3410 0.8709 0.7361 1.0082 MS 0.3587 62.92 0.6337 0.4936 0.2146 0.5480 ***** 0.6344 I)m 0.5661 0.9929 1.5780 77.89 0.3386 0.8647
      400 words
    • Article
      MONEY MARKET
      539 23 Interbank rates S$ Bid Offer Overnight 4 7/8 5 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: 4-13/16 I'SS Bid Offer 7 days 5 15/16 6 1/16 1 month 5 15/16 6 1/16 2 months 5 15/16 6 1/16
      539 words
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  • COMMODITIES
    • Article
      Lock icon Drought likely to slash Indon sugar harvest
      392 24 Reuter JAKARTA The current drought will cut Indonesia's sugar crop by 8 to 10 per cent this year and by up to 20 per cent in 1992, Birowo, head of the Indonesian Sugar Council, says. "We'll have problems because of the drought... It
      Reuter  -  392 words
    • Article
      Lock icon KL to developed nations: Pay fair price for natural rubber
      314 24 Bernama KUALA LUMPUR Malaysia has called on developed countries which are also leading natural rubber (NR) consumers to pay "a fair and remunerative" price for the commodity or face the possibility of severe disruptions in production "if one day no
      Bernama  -  314 words
    • Article
      Weak ringgit spurs tin-buying in KL
      843 24 REPORTS THE PRICE of tin rose two sen to M$ 15.41 per kg on some covering on the Kuala Lumpur Tin Market yesterday. Dealers said the weakness of the ringgit prompted the buying. The metal was down US$5 per tonne on the London Metal
      843 words
  • Article
    PRICES
    1500 24 Rubber j u i y 23 RAS (lob tn bates) S cents/kg I Noon Close Int 1 RSS Prompt 142 00/I43.00N I42.25/I43.25N Int I RSS Aug 91 143.00/143 50 143 25/143.75 Int I RSS Sep 144 75/145.25 145 00/145 50 Inl 2 RSS OP 142.00/144 00N 142.25/144 25N Int
    1,500 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      754 24 BUSINESS TIMES TELEPHONE 730-5771/3772/5773 FAX: 734 4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Ihn I, Yew Ah Ba of No 24 Binchang Rise, Singapore 2057, have applied for a Beer House Second Class licence in respect of premises at Mh Teck Kim Eating House at No 2, Lim Teck
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      Page 24 Advertisements Column 2
      59 24 READ c H A R T P 0 1 N T EVERY S A T U R D A Y IN B U S I N E S s T I M E S For information on where to buy your copy of: Singapore Business, Her World, Go. Home Decor,
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      Page 24 Advertisements Column 3
      12 24 Your search for I EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    990 25 City Flight ETA Flight ETD Abu Dhabi GA895 1235 GA974 0001 GA886 0010 Adelaide QF8I 2000 ~QF82~ 2200 SQ227 2245 Amsterdam GA895 1235 SQ24 2200 KL837 1255 KL838 2240 Athens OA471 0020 0A472 2240 SQ35 1710 Auckland NZ21 1820 NZ22 7930 SQ388 2030 Bandar Sen SQ
    990 words
  • THE TRAVEL PAGE
    • Article, Illustration
      An encounter with rainbow trout
      820 25  -  POSTCARD FROM MONTANA By Thomas McGuane THE RAIN and snows of a cold spring broke the Montana drought. The rivers stayed high for longer than I remembered. And finding fishable water wasn't easy. I went to West Yellowstone, which sits high in several watersheds. Every
      820 words
    • Article
      MONEY CHANGER RATES
      156 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 1.505 1.535 NZ dollar 0.980 1.010 Sterling pound 2.910 2.940 US dollar 1.749 1.759 IxkiI dollars to 100 units of foreign currency Austrian schilling 13.80 14.80
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      239 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Aug 6-9 IV Jeweller. Buenos Aires. Rossi Heinlein *****1-9413 Sep 3-8 Furniture and Helsinki. The Finnish Fair *****5091 International Argentina Aaodata s Interior Finland Corporation Exhibition Decoration Aug 18-20 International Germany Mode Woche*****1990 Sep 4-7 Cattle Asia
      239 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      46 25 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call *****77 for details. We know Kuropr from start to Finnish. Read Chartpoint in BT every Saturday
      46 words
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      Page 25 Advertisements Column 2
      29 25 7 V W y ■HIL <* m 1 ***** (J/// a/ rvai r) (wong bailors (Established 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, Westin Pla/a, Raffles City. Tel: *****19
      29 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      280 25 1 Tough nut is able to go to HM H H 4 Avoid appearing mean in 9 Help in thug rendered ■B unconscious II Unjust description of a 12 j Buys a 16 coholic liquor (4) V7~^"^^^B 13 Intoxicated by being in the Very little escapes his notice at Lonrho
      280 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      199 25 Singapore Outlook: Showers over many areas f in the morning. Report: Maximum temperature 31.8* C Assoc humidity 7|% Minimum temperature 24. l°C L Assoc humidity 97% Hours of sunshine 4.05 Rainfall in mm 4.1 Rainfall this month 37.3 Rainy days this month 8 World forecast Asia-Pacific Hi/Ivo* C'ond. Auckland 16/10
      199 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      20 25 vjJMpct f\N\ I DCWJG. ueJie. Wprt reoro trcading wfvrep ?f? Iff^" IIS?, W 'J-M--8474 e CVCMNQ STANOAM) CO. LTD.. IM2-IMI
      20 words
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  • Article
    Plan for political, security dialogue wins support
    419 26  -  Asean Post-Ministerial Conference From Yang Razali Kassim in KUALA LUMPUR AN INITIATIVE to expand the role of the Asean PostMinisterial Conference (PMC) into a forum for political and security dialogue looks set to take off. The Japanese proposal has received wide support from
    419 words
  • Article
    West fails to get Asean to condemn Myanmar
    302 26 KUALA LUMPUR Asean yesterday rejected a bid by the West to drag the group into condemning Myanmar over the issue of human rights abuses. Asean foreign ministers, in talks with their dialogue partners during the Asean Post-Ministerial Conference, said the group had
    302 words
  • Article
    Lock icon Talk of Indonesian rate cut denied
    178 26 Reuter JAKARTA Indonesian Finance Minister Johannes Sumarlin says the country's interest rates should fall but denies he is ordering banks to cut their rates. "Bank interest rates at present need to be lower but the government could not give instructions to cut them," the
    Reuter  -  178 words
  • Article
    Bleak outlook for chemical firms
    488 26  -  Performance in second quarter lowest this year By Genevieve Cua THE OUTLOOK for chemical companies in the region remains bleak this year as depressed prices continue to dampen profits. Chemical prices, however, have begun to stabilise and orders have picked up slightly since the end
    488 words
  • Article, Illustration
    Govt's aims can be met: Bolger
    471 26  -  Interview with NZ Prime Minister From Schutz Lee in WELLINGTON NEW ZEALAND Prime Minister Jim Bolger remains confident of achieving all but one of the goals set by his government. Confident also that he continues to have majority support of his government despite cases
    471 words
  • Article
    Bold and realistic Budget promised next week
    316 26  -  From Alvin Tay in WELLINGTON NEXT TUESDAY'S Budget will put emphasis on building skills, encouraging innovation and improving quality, said Prime Minister Jim Bolger of New Zealand. According to Mr Bolger. the government is just completing a comprehensive review of the structure and
    316 words
  • Article
    Philips to sell most of information systems unit to Digital
    235 26  -  By Michelle Low PHILIPS Electronics announced yesterday that it had agreed in principle to sell most of its information systems division to Digital Equipment Corporation. Both companies also announced that they had agreed to explore possibilities for cooperation in other
    235 words
  • Article
    Lock icon Recovery to go on, says US adviser
    145 26 Reuter WASHINGTON White House chief economic adviser Michael Boskin has said the US economy appears to be in recovery and the government expects it to expand in the second half of this year and continue to grow through next year and beyond. "We
    Reuter  -  145 words
  • Article
    Lock icon Gorbachev fires first shot in battle for Communist Party
    306 26 Reuter MOSCOW With the battle for the soul of the Soviet Communist Party two days away. Soviet President Mikhail Gorbachev has fired an early salvo. The reformist Nezaxisimaya Garcia yesterday published a draft policy programme which would effectively turn the 16.5
    Reuter  -  306 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      143 26 B I I^lC=lF=?^S[=I —II »rifle r 'r.» i The Richness Of Leather Handmade To Perfection. Rather Than Sprinkle Spices, We Throw In Freshness. Faithful to traditional Tcochcw culinary art, our chefs at Hung KangTcochcw v Restaurant do not use spice excessively to bring a dish to taste. Preferring uS&fjl£ instead
      143 words
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      Page 26 Advertisements Column 2
      9 26 IVICZ]F=?^S[ZII —II The Richness Of Leather Handmade To Perfection.
      9 words
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  • SHIPPING TIMES
    • Article
      DS Marine buys stake in ship management firm
      308 27  -  By Magdalene Phang A HONGKONG ship management company. DS Marine, acquired a minor stake in the Hongkong branch of Geneva-based Acomarit Services Maritimes early last month. A joint press statement issued by Acomarit (Hongkong) and DS Marine said that Acomarit needed a
      308 words
    • Article
      Lock icon Express train between Jakarta, Surabaya being planned
      224 27 UPI JAKARTA Indonesia's state-owned railway company Pjka is exploring the possibility of building a high-speed passenger train connecting Jakarta with Surabaya in east Java to meet a growing demand for public transport. The proposed express passenger train, with a top speed of 300
      UPI  -  224 words
    • Article
      Lock icon Japanese fishing vessel sinks after collision
      344 27 NYT SEATTLE A Japanese fish-processing vessel with 85 people on board sank off the Washington coast on Monday morning after a collision with a Chinese freighter. All but one of the crewmen were rescued, the Coast Guard reported. Two people from the Japanese ship,
      NYT  -  344 words
    • Article
      Lock icon Mystery merchant ship sinks off Taiwan
      216 27 Reuter TAIPEI An unidentified merchant ship capsized and sank off Taiwan's Penghu Islands (Pescadores) on Sunday, killing at least 10 people, state radio reported on Monday. The navy recovered 10 bodies from the sunken vessel on Monday but strong winds made it impossible for
      Reuter  -  216 words
    • Article
      INDEX TO ADVERTISERS
      1197 27 Paxe Col ABC Containerline 12 I Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 i Ahrcnkiel l iner 16 4 Allied-l ink 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 API 5 3 A PC. Lines 13 5 A cWarehousing 15 4 Asian
      1,197 words
    • Article, Illustration
      Lock icon Penang plans to convert jetty into a wharf
      311 27 Bernama KUALA LUMPUR The transport ministry will turn the Pulau Pinang jetty into a wharf as part of efforts to expand the Penang Port, the minister Datuk Seri Dr Ling Liong Sik said. The move was being made in view of the
      Bernama  -  311 words
    • NEWS SUMMARY
      • Article
        Where hello is a way of life
        43 27 YOU may not heard ot Omaha, a small US town of 350.000 people, but it is a leading centre in the field of telecommunications. And that s just how the city's leaders planned it Page 2
        43 words
      • Article
        TWA offers US$450m for Pan Am
        35 27 TRANS World Airlines Inc made formal on Monday its offer for much of Pan American World Airways, with a written proposal to combine the two struggling carriers Back Page
        35 words
      • Article
        EC sees big job cuts with stiff competition
        36 27 THE European motor industry lobby said on Monday hundreds of thousands of workers could lose their jobs as the sector streamlines to counter stiff Japanese competition. Back Page
        36 words
      • Article
        BAe backs new commercial jets
        31 27 BRITISH Aerospace confirmed the v iability of both the proposed 120-seat BAe 146NRA and the 134-seat Airbus A 319 on the narrow-bodied aircraft market Back Page
        31 words
      • Article
        Cummins Engine incurs second quarter loss
        46 27 LOSSES continue unabated at Cummins Engine Co as sluggish sales of big trucks have shrunk orders for the large engines that arc its primary product and aggressive competitors have reduced its share of what market there is left Back Page
        46 words
    • Article
      Lock icon British Airways to beef up US service
      217 27 UPI NEW YORK British Airways will boost capacity on the trans-Atlantic service to London's Heathrow Airport next year by 15 per cent with the introduction of new double daily services from five key US destinations. A twice-daily Boeing 747 flight from Los Angeles
      UPI  -  217 words
    • Article
      Lock icon Skipper, crew detained for inquiry
      308 27 Australia's worst oil spill UPI PERTH, Australia The skipper and crew of a Greek tanker which eaused Australia's biggest marine oil spill will he detained until an inquiry into the disaster is completed, a government official said yesterday. The fully laden tanker Kirki was en
      UPI  -  308 words
    • LOG BOOK
      • Article
        Hongkong Wharf awards HK$2b contract
        94 28 HONG KONG Hongkong's Wharf (Holdings) Ltd has awarded a HK$2 billion construction contract to Hip Hing Construction Co, the company said in a statement. The contract gives Hip Hing the main contract in Wharfs Times Square shopping plaza project, to be built on the former
        94 words
      • Article
        MMC to boost European stakes
        77 28 TOKYO Mitsubishi Motors Corp (MMC) will acquire stakes in Swiss and British sales companies and boost its stake in a German sales company to strengthen its European sales networks, a MMC spokesman said. MMC will purchase a part of Mitsubishi Corp's stake in The Colt
        77 words
      • Article
        Owners agree to pay fines
        71 28 ANCHORAGE, Alaska The owners of two Seattle-based fishing boats seized after fishing in walrus-breeding waters have agreed to pay US$7OO,OOO in fines, federal authorities said. The vessels were seized last Wednesday and the out-of-court settlements were reached over the weekend in what US assistant attorney
        71 words
      • Article
        Northwest signs Trump deal
        135 28 EGAN. Minnesota Northwest Airlines said it has signed an agreement in principle with Trump Shuttle outlining how Trump's Washington-New York-Boston route will be managed by the big carrier. Northwest said that a final agreement would be negotiated with Trump Shuttle and its banking group setting the
        135 words
      • Article
        Plans to privatise Kuantan port
        31 28 KUANTAN A study is now being conducted on the form of privatisation the seven year-old Kuantan port, Kuantan Port Authority general manager Datuk Tik Mustaffa said.
        31 words
      • Article
        US anti-drug agents seize boat
        53 28 NEW YORK US anti-drug agents seized a boat loaded with 4,847 kg of cocaine on Monday and said the vessel was linked to the Cali drug cartel and US organised crime. The cocaine had a retail value of more than US$72O million. Drug Enforcement Administration
        53 words
    • Article, Illustration
      Lock icon Where hello is a way of life
      1349 28  -  You may not heard of Omaha, a small US town of 350,000 people, but it is a leading centre in the field of telecommunications, reports Barnaby Feder Barnaby Feder NYT IF DETROIT is the Motor City, then Omaha must be the Motor Mouth
      NYT  -  1,349 words
    • Article
      DAILY FREIGHTS
      621 28 FREIGHT market rates on Monday were mostly steady but market activity subdued, brokers said. The presence of Soviet and C hinese charterers for August loading dates continued to give support but market confidence needed to be bolstered by fixture reports, they said. Estimates of the number of Soviet
      621 words
    • Article
      WEEKLY FREIGHTS
      340 28 THE RECENT decline in freight rales continued, but at a slower pace, over the past week, as rumours of Soviet chartering circulated. brokers said. The Baltic Freight Index lost another 35 points on the International Freight Futures Exchange (BIFFF.X) after a 102-point slump the previous week, finishing at
      340 words
    • Article
      THE SHIPPING GUIDE
      11372 36 This is a list of ships loading Ar at Singapore for ports around Zi the world. It tabulates, by y" destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure F from the Port of Singapore. 2: Advaneed dates
      11,372 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        611 43 Vessel Voy No Berth Amval Depart** Vessel Voy No Berth Arrival Departue Marina Terminal 1 Kris Metub 0/W P03 24 07/1500 7507/0600 Batam Maiu *****1 M03 alongside 23 07/2300 Pinang laya 15/91 P04 23 07/1600 24 07/0700 Batam Sayang *****1 M03 alongside 2307/2300 Ratah Brooke 20f P03
        611 words
      • Article
        CONTAINER SCHEDULE
        894 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Batence Rslts Shi> Voy No Etb/Btr Period From To From Aka Bhum 510N 25/1100 1 23/1500 23/1659 23/1900 2 23/1700 24/0659 24/0900 4 24/1200 24/1459 24/1700 AlKaid 910 24/1900 1 23/1500 23/1659 23/1900 2 23/1700 24/0659 24/0900 Mli Pride
        894 words
    • Article, Illustration
      Lock icon TWA offers US$450m for Pan Am
      499 44 NYT NEW YORK Trans World Airlines Ine made formal on Monday its ofler tor much of Pan American World Airways, with a written proposal to combine the two struggling carriers. As expected, the bid totals US$45O million (***** million) for an array of Pan
      NYT  -  499 words
    • Article
      Lock icon Ours is a better deal, says Delta
      291 44 NYT ATLANTA Delta Air Lines confronted the joint bid by TWA and American Airlines for much of Pan Am by standing pat and calling its own US$26O million offer a better one. Delta executives said that if Pam Am accepted a separate United
      NYT  -  291 words
    • Article
      Lock icon Cummins Engine incurs second quarter loss of US$17.2m
      261 44 NYT NEW YORK Losses continue unabated at Cummins Engine Co as sluggish sales of big trucks have shrunk orders for the large engines that are its primary product and aggressive competitors have reduced its share of what market there is left. On
      NYT  -  261 words
    • Article
      Lock icon EC sees big job cuts with stiff competition
      321 44 Reuter BRUSSELS The European motor industry- lobby said on Monday hundreds of thousands of workers could lose their jobs as the sector streamlines to countcr stiff Japanese competition. Rudolf Beger, executive secretary of ACEA (Association of European Automobile Constructors), said unskilled workers
      Reuter  -  321 words
    • Article
      BAe backs new commercial jets
      302 44  -  By Magdalene Phang BRITISH AEROSPACE confirmed the viability of both the proposed 120-seat BAe 146NRA and the 134-seat Airbus A 319 on the narrow-bodied aircraft market. "Our researches, based on solid reaction from the marketplace, show that there are two distinct market segments and that
      302 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      29 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Asso-U.wSrM/sl ciation. X; im»^/ hor advertising enquiries, contact .Shipping Times Tel 740-2(m/74(t-2(m I
      29 words
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      Page 27 Advertisements Column 2
      62 27 SINGAPORE'S NEW FORCE IN VESSEL MAINIENANCE UNDERWATER SHIPCARE PTE. LTD. COMPREHENSIVE SERVICE WITH PROVEN EXPERTISE 2A P oncer Scc'O' 1 Ju'O'ig Tel: *****11 The Specialists in Fax 65 *****1 I underwater shipcarc Tlx RS ***** UWSC ivj- WILSON CO. A.B. SERVICE TO FROM SCANDINAVIA OSLO I i I HELSINKI PHONE
      62 words
    • Advertisement
      Page 27 Advertisements Column 3
      31 27 Container Schedule 17 Daly Freghts 2 Index to Advertisers 1 Shipping Guide 10,11 Sl*ps in Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions 17 Weekly Freights 2
      31 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 eonecpts in practiee, 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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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2556 29 H OOCL (S) PTE LTD-JARDINE SHIPPING AGENCIES TFL ??***** lAX 7?40?09 Wit if BOOKINGS! El 3P00?34 3200?b8 |f f M I tfl W Tl HMINAI/CI S lEI 3200? 18 220 F r PESAKA JARDINE SHIPPING AGENCIES SON. BHD ViV/ POHI KH ANG ItL *****181 AX *****91 36/2/88 7 PE NANGTFI
      2,556 words
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      Page 29 Advertisements Column 2
      3900 29 Twd SAILINGS PER WEEK TO INTRA ASIA SINGAPORE/YOKOHAMA 9 DAYS SINGAPORE/NAGOYA 10 DAYS Vessel Voy ETA ETD 'Port "Penang Keiang DESTINATIONS TNs uw Maiestic Ma«sk 9t06 Feeder by si/7 oeoo HAS pw«o w^M CFS 30/7 2358 MRS OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MOM TOR MAJESTIC
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      Page 30 Advertisements Column 1
      1187 30 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE fiSSSSi TOKIO EXPRESS 01/129 25/7 isTi 13/8 12/8 KAMAKURA 18/329 27/7 14/8 16/8 19/8 20/8 BS9SI KASUGA 16/130 1/8 24/8 20/8 19/8 1 ALL WESTBOUNO P ELBE 06/131 8/8 31/8 27/8 26/8 KiIANG PCNAKC CARGO LEVERKUSEN EXPRESS 02/331 11/8 28
      1,187 words
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      Page 30 Advertisements Column 2
      694 30 igA^yyi SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2404E8 1/8 16/8 19/8 24/8 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOM. PAGO PAGO APIA I NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX STO (PERU! L.J BONTANG 2404E8 1/8 7/9 B'9 13/9
      694 words
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      Page 30 Advertisements Column 3
      1719 30 E3 BHMR dfifW* &BSHB HBUiHI REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WSI/*OY 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
      1,719 words
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      Page 31 Advertisements Column 1
      2210 31 Srgsteamers Maritime Holdings Ltd P&O Containers Vey No -t-Pai«/ Pkl Sport Al( Sou Ant Rot Ht>| lEM MAMS* 1110 20/07 22/07 25/07 00 OS 11/08 12 OS 14/Ot ACCEPTS DUE SAILS TIME BAT 0542 20/07 22/07 27/07 13 OS 15/0S 17/0S CARGO KGMA MAf ASM *110 27/07 29/07 31/07 15
      2,210 words
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      Page 31 Advertisements Column 2
      2248 31 TO: U.S.AJPANAMA FM: U.S.AJPANAMA mxi/Wi ow iGB cm fm mv won wrc ytyi vor wrc WW cti tot om GUF SWIIT IF 1?9 27/7 21/1 73/1 1/9 7/* 1/1 10/* fUROKAN SENATOR NM2J 12/1 14/1 lt/t 21/1 JO/1 1/7 21/7 CHOTANG SUCCESS EFI3O ]/t 21/1 JO I I S 13/*
      2,248 words
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      Page 31 Advertisements Column 3
      398 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS rtsm I *ot sp pi Hiuc Tii HELECU ip Ho IT?? 1 1 COSMK TRADER 19 »TpT SID ORANGE MOON li I lin EASTERN PEARL 1 lift 1 koushun Ti Hn 1 sekipwe 17 Hfi "5577 asun cim* 1 I I
      398 words
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      Page 32 Advertisements Column 1
      561 32 ■hhhhbhHHHHHHHHIMI CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY S POKE ROMM AOAM M BURG BREMEN ANTHEM' SHIWIIAYA 32*6 5/S 7/J (3/9 17/9 20/9 KUTM 23W8 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Suto|«ct lo Inducement. Also accepting cargo to Casablanca. Port Said. Port
      561 words
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      Page 32 Advertisements Column 2
      1050 32 I II i$L i£| [Og SHIPPING I ISporelLEH RTM ANR HAM BRV FEI FEEDER VSI SIN LINE HAUL LGB OAK I HAN UN TONGHAE O«2W 28/7 lb/8 16/8 17/8 17/8 19/8 20 8 HANJIN HONGKONG 030E 26/7 DMECT 12/« 15/1 HANJIN FELIXSTOWE 008* 5/8 22/8 23/8 24/8 24/8 26/8 27/8
      1,050 words
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      Page 32 Advertisements Column 3
      71 32 Conventional LCI/FCI Servtce To tfncx tsw fwok w*tr south urnc* p»chc we nmn ocun VESSELS AVAILABLE FOR SALE/CHAftTgft/tftA^SHIPMfeNT SONG TMAO HO CHI MINH TUTtCOWN 28/7/91 "A VESSEL MADRAS'CAICUTTA/CHITTAGONG/RANGOON 23/7/»1 AARON F BKK/SATTAHIP/VUNGTAU/PHNOM PENH 77/7/t1 A VESSEL COLOMBO/OOBAI/DAMMAN/KUWAIT 30/7/91 A -Si JCOOAH/HOOCIOAH/AOABA VI 91 G SERAYA SIN BATAM WEEKLY SERVICES TMC
      71 words
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      Page 32 Advertisements Column 4
      1230 32 Pm WG use «IG PUS WI oa WY 9U no IM CHS BAI urc LH* urn on w m PSD OB Wl I 041 2*n 25/7 30/7 31/7 2/1 5/1 7/1 10/1 11/1 12/1 22/» J/» S/J i/i 15/9 U/l 17/* 13/7 2«/7 7/10- 11/ M K 071 31/7 1/1
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      Page 33 Advertisements Column 1
      1918 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MB am AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 iPil FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 ■W# W NEPLINE SDN BHD MALAYSIA
      1,918 words
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      Page 33 Advertisements Column 2
      1171 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 EASTBOUND -DBCHAKOWG WESTBOUND—IQADHG TRANSHPPED VIA ROTTERDAM WT *«> «c vov |sw
      1,171 words
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      Page 34 Advertisements Column 1
      2063 34 SW f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W TEL: *****77 TELEX: KAWAKI R*****5 FAX-*****79 8.1 |\l H MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 JL MmJt Jti JLL# TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      2,063 words
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      Page 34 Advertisements Column 2
      1221 34 I'm* PHUI-Omm UN€5 PT€ LTD Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHILI FAX: *****76/*****38 by air, land or sea WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION wMg» r 26 JUL DUBAI, DAMMAN, SHARJAH. DOHA, 30 JUL MONTREAL, OTTAWA,
      1,221 words
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      Page 35 Advertisements Column 1
      1579 35 PACIFIC INTERNATIONAL LINES (PTE) LTD ml U EKU Building, 140 Cecil Street #03-00, Singaporu 0106. |JAKARTA [BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN GO** 9110 27/7 29/7 KOTA PAHLAWAN 9127 25/7 28/7 1/S BUNGA TERATAI 303 28/7 30/7 4/8 KOTA PANJANG 9122 28/7 29/7 2/8 EOEN
      1,579 words
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      Page 35 Advertisements Column 2
      1144 35 •If BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPOPE LEHAVRE ROTTERDAM S HAMPTGN HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Aisia* 248 25/7 9/8 10/8 11/8 13/8 Nefliioyd Hoofn f
      1,144 words
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      Page 35 Advertisements Column 3
      440 35 MYANMA ipßßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdj MVOMAYWA VI36W In Pi SAGAMC V24K In Pt PINT* VIISW SW In Pt PAGAN VI72W 27/23 Jul 'g*THE BANK IJNI (A service of Andrew Weir Shipping) Vf SEMI-CONTAINER SERVICE \t HEAVY LIFT CAPABILITY I
      440 words
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      Page 38 Advertisements Column 1
      759 38 TO AUSTRALIA/NEW ZEALAND vst si |Fi«n M«® Is»d [71 utk [nP€ |p CHALM MA*'MA 2/s IJ/» 19/1 23/1 26/ g 30/1 T> ELLEN IMMC 274 25/0 l/» t/1 10,9 15/9 17/9 11/9 MUSSEL 277 S/» 14/1 20/9 23/9 21 9 30/9 ITio c 27i 2i,9 ?Ti 3/io 7/10 ***** TsTTo
      759 words
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      Page 38 Advertisements Column 2
      911 38 EXPORTS TO HOMGKONG TAIWAN APAN TWICE WfKLT MALACCA STRA FEEOCR SERVICE OUTBOUND VOY Mil PNG IKT TsiN ThKG KAO KEE TYO SM2 NGO KO6" VESSEI VOY "itN PKL PNG Bl W SIN TSK MELOOY 28 27/7 "227 :«.7 2.8 6 8 71 81 EQUATOR PMJt ?B 25 7 26.7 27
      911 words
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      Page 38 Advertisements Column 3
      201 38 Ijf T"piRuTA'hAAN PELAYYR^ i\m KALIMANTAN i r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA XXI Voy 16/91 24/25 lul Jakarta, Palembang j I NIAGA XXII Voy 17/91 29/30 Jul Jakarta/Palembang I j NIAGA 42 Voy 12/91 2/3 Aug Jakarta/Palembang I NIAGA XXI Voy 17/91 5/6 Aug
      201 words
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      Page 38 Advertisements Column 4
      1591 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINKR LINKR SERVICE Malaysia s AGENTS SINGAPORE'S GENERAL AGENTS nxmsias CHUNG CHIAO SHIPPING SDN BHD COSTAR SHIPPING PTE LTD PT GLOBAL KL TIL *****91/17 fAX *****92. ***** m ?sfilQOfl/1«T1 INDONESIA MARITIME P KIANC TEL 36M106S Til MA ***** M m 0 203«V537^***** PfNANG TIL *****1
      1,591 words
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      Page 39 Advertisements Column 1
      671 39 iswisfffialHNl GUARANTEED CONSOL TO:KEELUNG/K AOHSIUNG 28.7.91 HONG KONG 30.7.91 BUSAN 30.7.91 BANGKOK 27.7.91 EUROPE 28.7.91 TOKYO/KOBE/YOKOHAMA 28.7.91 USA 29.7.91"" AUCKLANO 9.8.91 FREMANTLE 31.7.91 SYDNEY/MCLBOURNE 30.7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLVN TAY. SOPHIA BAY OR KAREN SIM FAST DIRECT
      671 words
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      Page 39 Advertisements Column 2
      402 39 MARINE AGENCIES |S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ANDINET 24W8 23/08 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 26W8 10 09 OARESSALAAM MOMBASA
      402 words
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      Page 39 Advertisements Column 3
      898 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ft* EM SPORE POUT KEIANG PENANG Bill IMX IS/8 Loading to' Male HUVAI HUDMU 5/8 Loading tot Calcutta DOLPHN m Port Loading For Malt PIONEER SUPREME VI Loading For Male DOMXmM 10/1 Loaded For Felmaru PROGRESS IKRn 10 8 8 1
      898 words
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      Page 39 Advertisements Column 4
      773 39 SYDNEY/MELBOURNE BANGKOK km tot spqg std I Ma 1 j«a |w smbamm mwbkok PLANET A J2SI 9 10/8 22 24/8 26 28/8 NAWTA BUM SON Tha 25/7 itm 28/7 PIYA BHUM 130 7 20 21/8 02-04/9 06 08/9 DEIA BUM# 20N Mi 29/7 Ttar l/« PIANETA 1452 9/9 22/9 26/9
      773 words
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      Page 40 Advertisements Column 1
      1182 40 S'PORE IMPORT: *****02 j j PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 1 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UKiSCAN^ijPORTS PEN PK SIN PEN PK SIN Cotombo 26/7 27/7 28/7 1/8 thnkn/n*io Durtoan/Pt Louis 25/7 26/7 27/7. j: 28/7
      1,182 words
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      Page 40 Advertisements Column 2
      388 40 BLUE STAR LINE TO FROM J/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI ML l*T SIN MANDAMA 0600 2t/1 5/1 VIA NK 7/1 22/» MULBERA 22$ 9/1 21/« »<* 23/t 9/9 MAHSURI 0502 27/1 1/9 W* HPI 10/9 27/9 FULLY CONTAINERISED SAILINGS DISCHARGING
      388 words
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      Page 40 Advertisements Column 3
      1214 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SWmimmttWtWfr C9HTAINW 9EfWCE? I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vTssel Ivor |et> [pest vessel vot spoie
      1,214 words
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      Page 41 Advertisements Column 1
      738 41 \S3^^ I^COMPANr^ERUAN^^^ TO DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penanj* P. Mm| Smjapo<e EHw THOMASEVWETT PT. 9/24 lui KARAWEVERETT 29/31 M 01/03 Au{ JOWtEVfRETT 11/13 Aug 14/16 Aug "EVERETT ORIENT LINE"
      738 words
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      Page 41 Advertisements Column 2
      552 41 VSi Ivor [spoilt IMAINLINER |la« Ikst Isaw Inyc R ZM S*GAPORE 401 21/7 M ITALIA 77/1 5/9 1/9 10 9 12/9 AM YOKOHAMA lit 30/7 AM 11*11* 27/1 3/9 1/9 10/* 12 9 FU TRIESTE 1311 9/* m HOREA 5/4 M/ 9 17/9 19/9 21/9 7IM El*T 65E 13/8 /IM
      552 words
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      Page 41 Advertisements Column 3
      644 41 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDOAH FAR EAST ACCEPTING FCL/LCL PtNANG P/KELANG IAKARTA BANGKOK. HONG KONG. TAIWAN. JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS. TILBURY ABERDEEN. IE HARVE, HAMBURG ROTTERDAM ANTWEP. GOTHENBURG COPENHAGEN All OTHER
      644 words
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      Page 41 Advertisements Column 4
      575 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASETIA 183 A 25/07 28/07 PELOPOR 998 27/07 30/07 PRASETIA 185 A 01/08 04/08 PELOPOR 999 03/08 06/08 DERAJAT 947 30/07 02/08 TANTO UTAMA 181 29/07 01/08 TANTO UTAMA 183 06/08 09/08 TANTO UTAMA
      575 words
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      Page 41 Advertisements Column 5
      373 41 SIN FAI EAST 28/7 KEELUNG/KAOHSIUNG 28/7 BANGKOK 27/7 MANILA/CEBU 27/7 JAKARTA/BELAWAN/SURABAYA 27/7 PORT KELANG/PENANG/E. Malaysia 28/7 BUSAN 29/7 TOKYO/YOKO/KOBE/NGO/OSA 28/7 HONG KONG SjN CHINA 28/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 28/7 LDN/FLX/LVP/SOU 28/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SHI USA/CANADA 27/7 LOS
      373 words
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      Page 42 Advertisements Column 1
      805 42 FIL Container Services Pie Ltd total services nvocc "V MADRAS CALCUTTA VSL VOY SINGAPORE/MADRAS/SINGAPORE VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL »0t SIN MM SIN VESSEL VOY SIN CAL SIN •NEXT AVAILABLE 24-24/07 30-01/08 07 08/08 NEXT AVAILABLE 20-20/07 26-29/07 04 05/08 27-28/07 05-06/08 11-12/08 28-29/07 03-07/08 13-14/08 03-04 08 10-12/08 18-18/08 04-05/08
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      Page 42 Advertisements Column 2
      434 42 ESonterm CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 26 JULY ALSO ACCEPTING CARGO TO: PORT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 27/7 3/t JAKARTA CONTERM EDCN 30/7 S/S PENANG CONTERM A BHUM 28/7 4/1 PORT KELANG CONTERM SEROIA 27/7 3/1 EUROPE CONTERM TONGHAE 21/7 4/1 AUCKIANO CONTERM MANOAMA
      434 words
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      Page 42 Advertisements Column 3
      547 42 CLLJi con UJRV MTERmODnP*} J r LCL/FCL SERVICE FROM #V/ i HI W CUM op«ratM over 600 terminait/offioe* In U.S.A 1 I I B m CUJt maintain# over 35,000 tractors ft truck*. V I iMfej iBl A CUM mtv.. over point. In US.A I-■ m CUM offar ratiabla LCMFCL mtvlcm.
      547 words
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      Page 42 Advertisements Column 4
      384 42 MANILA ETA VIGOUR SINGAPORE SNB 27/7 VIGOUR PACIFIC 42N8 3/8 BANGKOK 26/7 2/8 811 SAN 23/7 28/7 HONGKONG 23/7 28/7 DURBAN'PT LOUIS 26/7 3,8 KEEIUNG 28/7 4/8 USA. 29/7 5/7 PT KELANG 26/7 29/7 KOBE 27/7 3/8 PIRAEUS 25/7 8/8 OSAKA 2*/7 31/7 JAKARTA 25/7 29/7 SURABAYA 26/7 29/7 VfM
      384 words
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      Page 43 Advertisements Column 1
      353 43 Oc vO c vQc vOc vOc vO c vQc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIOATOR WITH WORLDWIDE NETWORK I J Weekly FCLACL Services To/From V USA EUROPE FAR EAST Baltimore Votainer Consolidation Services Hamburg: Van Ommeren Hamburg GmbH. S'pore
      353 words
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      Page 43 Advertisements Column 2
      755 43 more frequent flights worldwide j^mess* NEW ZEALAND/FUI VESSEL »t P.Kg 'Pen *Bkk Sin Sbaya Auckland Fiji(A) NPtymouth(A) Timaru Lyttelton(B) Dunedm(B) Napter Wellington(C) Tauranga N Rosario/9118 29/7 1 8 1 8 1 8 2/8 19 8 28 8 21 8 21/8 22/8 22/8 25/8 26/8 27/8 N Rochester/9119 10/8 12/8 11
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      335 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 **********00 ***************0 1900 2000 2100 2200 2300 JR 20 16 12 09 0 7 06 0 7 09 13 16 19 20 19 1 7 15 13 12 13
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      Page 44 Advertisements Column 1
      842 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST TODtR VOY IHR PKE SW LINE HAUI VOT IBH OA* SEA M HAI* WT TCH/SEA PTE NAN HAI 202 023 21/07 22/07 25/07 H COMMANDER 271 19/08 22/01 25/08 HARBOI* BRIOGE
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      Page 44 Advertisements Column 2
      119 44 PASIR GUDANG/SINGAPORE TWICE WEEKLY SAILINGS QUE SAT) VESSEL VOY P.GUDANG S'PORE JOSINDO SATU 019S 26/7 27/7 020S 29/7 30/7 021S 02/8 03/8 022S 05/8 06/8 023S 09/8 10/8 024S 12/8 13/8 RASIR GUDANG SINGAPORE (T>7) *****0/*****1 (02) 534-0042 Sees st a A DAMAR SEGARA AGUNG LINES VESSEL VOY SPORE JAKARTA
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      Page 44 Advertisements Column 3
      491 44 CHARTPOINT Every Saturday in Business Times EXPOR^O^^^^ UK/CONTINENT (TRIO) ™r.S IjfOH S TOM >nuK «DAM IfH MIMi StKttMta NM OfKSS M/U* n 1 IS I 13/1 12/1 MnKten n lnl»w. fcrntrtm. o*. *Hrti HHMM 11/329 21/1 l«/« l«/l 11/» 21/1 KUktla^l HASUGA I 11/1 M 1/1 22/1 20/1 11/1 S®*«pWr
      491 words