The Business Times, 7 August 1991

Microfilm: NL17607
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MCI (P) 16/12/90 Wednesday, August 7, 1991 75* l
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  • NEWS SUMMARY
    • Article
      Panic in Yangon over rumours of worthless currency
      70 1 YANGON Widespread rumours here that certain denomination banknotes would soon be declared worthless have caused panic buying as people try to get rid of their cash. In a bid to stem the panic, the ruling military junta has denied that such plans
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    • Article
      US home sales for second quarter up
      66 1 WASHINGTON Existing home sales in the US rose during the second quarter of this year, with the north-east reporting the biggest increases, the National Association of Realtors said yesterday. For the period between April and June of this year, 3.82 million units were
      66 words
    • Article
      Scotts upgrading
      32 1 SCOTTS HOLDINGS will upgrade Scotts Shopping Centre and the Ascott in Scotts Road, and 14 conservation shophouses in Telok Ayer Street for a total cost of $19.5 million Page 2
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    • Article
      Board to keep tabs
      28 1 A REGULATORY board will be set up by the Thai government to oversee future privatisation and private investment in major infrastructure projects Page 6
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    • Article
      Construction disrupted
      25 1 A CEMENT shortage in Malaysia has disrupted work in at least 69 major projects, resulting in million-dollar losses for construction firms Page 6
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    • Article
      Fears of US relapse
      26 1 THE SLOW PACE of economic recovery in the US is fuelling fears that there might be a relapse into recession Page 7
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    • Article
      Place for family court
      17 1 THERE IS A CASE for Singapore to have a family court Page 15
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    • Article
      Powerplay
      16 1 POWERBOYS, particularly the athletic ones, don't always fully know what they are doing. Page 11
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    • Article
      More rate increases
      26 1 THE TRANSPACIFIC Westbound Rate Agreement will extend its commodity-specific freight rate increase scheme with fresh rises from Sep 1. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      42 1 WALL STREET was adrift in light summer trading early yesterday. The Dow Jones average of 30 industrials was up 1.57 in the first half hour but then slipped to show a 1.79point loss at 2,987.25 one hour into the session.
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    • Article
      Footsie lower
      32 1 SHARES in London were lower in sluggish trading at midday yesterday. Shortly after 1100 GMT, the broad-based FTSE 100-Share Index was down 10.2 points, or 0.40 per cent, at 2,575.2.
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    • Article
      Keppel profits up
      34 1 KEPPEL CORP has achieved a 14 per cent rise in pre-tax profits for the first half ended June 30, thanks to good performances by Keppel Shipyard and Keppel Bank Page 3
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    • Article
      Amcol announcements
      30 1 ELECTRONIC TRADING and property company Amcol Holdings yesterday announced the suspension of managing director Kang Hwi Wah as well as an improved set of interim results Page 3
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    • Article
      Technicality snag
      38 1 THE JAPANESE government is not likely to prosecute the country's scandal-ridden securities houses for creating billions of dollars worth of bogus securities trades, because of a technicality in the way the securities were traded. Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 704.61 -0.44 Kuala Lumpur ....587.37 -5.79 Tokyo 23,464.96 -368.29 Hongkong 4,021.27 -41.74 Sydney 1,579.1 +3.9 Monday Change New York 2,989.04 -17.22 London 2,585.42 -16.3
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    • Article
      CURRENCIES
      22 1 Exchange rites USS SS 1.7235 100 Yen SS 1.2608 MS SS 0.6213 Mofwy market retes Overnight 4-1/2 unch 3-month 5-5/16% -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS357.20 +USS1.60 Rubber S'pore Sep.... 141,75"/kg -1.00 M'sia Sep 228.00«/kg -0.50 KL Tin Turnover 22 tonnes -8 Spot MS 15.40 /kg unch Crude palm oil Turnover 2,940 lots +2,232 Aug MS843 /tonne -30
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  • Article, Illustration
    Economy sound despite slowdown, say analysts
    604 1  -  But keep an eye on financial services and IT sectors, they warn By Kenneth James GROWTH may have slowed in the second quarter but there is no real cause for concern as the domestic economy is sound, say local analysts who, however, advise keeping
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  • Article
    HK fights property speculation
    438 1  -  New rules today to cool overheated residential market From Catherine Ong in HONGKONG HONGKONG will deter property speculators with a package of measures today to cool the overheated residential market. The British colony's Secretary for Planning, Environment and Lands, Graham Barnes, is announcing new rules this
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  • Article
    Lock icon US leaving soon if Manila rejects pact
    104 1 Reuter MANILA US forces will start to leave the Philippines next month, if the Philippine Senate rejects a new military bases agreement, a US embassy spokesman said yesterday. Spokesman Stanley Schra- ger dismissed suggestions that Manila and Washington could start new negotiations on
    Reuter  -  104 words
  • Article
    McDonnell Douglas plans to build aircraft rejected by SIA
    459 1  -  By Dexter Lee AMERICAN aircraft maker McDonnell Douglas Corp plans to build the 20 MD-1 Is which Singapore Airlines has rejected in the hope that the carrier will be swayed by the airframe and engine improvements expected to be in place
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  • Article
    MAS: insurers must standardise policy forms
    435 1  -  By Chew Eng Han THE Monetary Authority of Singapore wants mandatory insurance cover, such as workmen's compensation and third-party motor, to conform to a standard format. The move to standardise the policy wordings gained momentum following a recently concluded court hearing which found an
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  • Article
    Lock icon Bank Negara acts to curb inflation
    185 1 Reuter KUALA LUMPUR Malaysia's central bank borrowed aggressively from the inter-bank market, pushing up interest rates in a clear signal it was ready to act tough to cap rising inflation, analysts said. Inter-bank rates shot up around 30 basis points after Bank Negara snapped
    Reuter  -  185 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      150 1 BOUTIQUE: #02-39 Centrepomt Tel: *****14 CO«Nf as AT MILWAMI, THI NUN'S FASHION STOM: #01-18 International Building Tel 737 5342 #02-5V56/59Wisma Atria T.I 235 5325 Aircraft Schedule 25 Law 15 Weather 25 Commodities 24 Money Changer Rates 25 Company News 3.4 Money Market 23 For market indices, editorial. Cryptic Crossword 25
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    • Advertisement
      Page 1 Advertisements Column 2
      132 1 AVAILABLE AT LEADING STORES OPTICAL SHOPS PEIITAX The European compact camera of the yearl99o& 1991. ri I B v. a .c-.»wi» Jr A fd'6*x>fs>o*K. *o':UAG*S** "ofdTT ■111/I/IZS m <o>6 •■»dT o rirofM*~(> 'dc+f B fl/l/lfiM f Ik Jmr EUROPEAN COMPACT WM y '$0 '0J CAMERA Here's why the Selection Jury
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Security not to be taken for granted: Yiok Seng
        123 2 THE timing of a large-scale joint military exercise between Malaysian and Indonesian forces now going on in southern Johor is of concern to Singapore, the Senior Parliamentary Secretary for National Development said last night. Lee Yiok Seng was quoted by SBC
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      • Article
        Sisulu visiting Singapore
        105 2 THE Deputy President of the African National Congress, Walter Sisulu, will be in Singapore from today to Friday at the invitation of the Minister for Foreign Affairs, Wong Kan Seng. Mr Sisulu is accompanied by his wife, Albertina Sisulu, and two African National Congress officials. Mr Sisulu's
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      • Article
        Techmonth's activities
        115 2 "THE NEXT PHASE" will be the theme of this year's National Science and Technology month. Organised by the National Science and Technology Board (NSTB), Techmonth '91 focuses on infrastructure, research and development and human resources, in keeping with the NSTB's objectives. The September event is targetted at the
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      • Article
        Cognos appoints distributor
        46 2 CANADA'S largest software company Cognos has appointed International Applications Solution as its regional distributor for its PowerHouse Range of AD/Cycle Tools for the IBM AS/400 platform. The agreement, to be signed today, will cover Singapore, Malaysia, Thailand, the Philippines, Brunei, India and Pakistan.
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    • Article, Illustration
      Scotts to spend $20m on upgrading main asset, shophouses
      448 2  -  By Elaine Koh SCOTTS Holdings, which is making its public offer today, plans to upgrade its prime asset and 14 conservation shophouses in Telok Ayer Street at a total cost of $19.5 million. It is also looking for further opportunities in
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    • Article
      Petro Integra to start trading in Singapore soon
      263 2 JAPANESE trading company Petro Integra has set up an office in Singapore to tap the regional business potential. It joins- several other Japanese trading companies already present here. The new company, a 70:30 joint venture between Japan Petroleum Trading and Fuji Oil,
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    • Article
      Scotts goes regional in its hospitality business
      286 2 SCOTTS Holdings is expanding its hospitality business in the region, with management contracts firming up in Bangkok and Jakarta. By the first quarter of 1993, it should be seeing revenue from Palm Court in Bangkok, a 110-unit block developed by the GPremjee group
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    • Article, Illustration
      S'pore Telecom takes largest stake in network project
      269 2  -  By Magdalene Phang SINGAPORE Telecom will be the largest single investor in a 7,500-kilometre optical fibre submarine cable network project which will link five Asia-Pacific countries. The statutory board controls 20 per cent of the project, while the remaining 80 per cent
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    • Article
      ASME members to visit Myanmar, Thailand
      149 2 LOCAL small and medium enterprises will be exploring business conditions and possible joint ventures in Myanmar and Thailand during a trade mission to the two countries next week. The 25-member delegation, mostly members of the Association of Small and Medium Enterprises (ASME), come from
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      70 2 19 9 1 SUPEKIOTfIS CHALLENGE Singapore Indoor Stadium September 27 Sf 28,1991 CHMG EDBERG iiflDL SAMPRAS Hospitality Packages I Souvenir Program Advertising I Group Bookings Various Sponsorship Packages I Corporate Packages include: reserved courtside seating reserved car parking free copies of souvenir program free souvenir t-shirt invitation to Supertennis Challenge
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    • Advertisement
      Page 2 Advertisements Column 2
      39 2 THERE'S STILL TIME FOR THE ALFRED DUNHILL SALE. I 'A r m _mT^'T:" 1 'fir ;t -5/C 1 SALE ENDS AUGUST 31ST. UJ VISIT ALFRED DUNHILL AT PAI-AIS RENAISSANCE, HILTON INTERNATIONAL HOTEL, THE PARAGON AND LEADING DEPARTMENT STORES. AD39IA
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  • COMPANY NEWS 1
    • Article
      Keppel Corp first-half profits up 16pc
      458 3  -  By Rahita Elias FINE performances by Keppel Shipyard and Keppel Bank pushed up interim af-ter-tax profits of their listed parent, Keppel Corp, 16 per cent to $66.18 million. At the pre-tax level, group profits rose 15 per cent to $122.8 million. The better results
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    • Article
      Polytek Wearnes results hit by Aussie loss
      266 3  -  By Carolyn Lim A LOSS in Polytek Wearnes' Australian operations, where almost half of its revenues came from, dragged the Ses-daq-listed company's post-tax profits down by 86 per cent last year. TTiis was "due mainly to the difficult trading conditions in a recessionary
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    • Article
      Lock icon Pan Malaysia Rubber not happy with M Cement's suit
      506 3 MUI-Malayan Cement dispute NST THE DISPUTE between the Malayan United Industries group and Malayan Cement, its erstwhile partner of 24 years, flared further yesterday. Pan Malaysia Rubber Industries (PMRI), a MUI member, yesterday expressed its "extreme disappointment" with the legal suit
      NST  -  506 words
    • Article
      C K Tang to name partner in KL venture in coming months
      305 3 RETAILER C K Tang is expected to announce a joint venture partner for its first foreign store in the next few months. As anchor tenant of Star Hill Crescent in Kuala Lumpur's Golden Triangle area, the company will
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    • Article
      Investing in a company for its successful management style
      433 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh THE INVITATION to Scotts Holdings' press conference on its public offering was delivered with a stalk of orchid, a touch that was distinctly Jumabhoy. The flamboyance of the Jumabhoys extends to their approach
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    • Article, Illustration
      Amcol suspends MD, announces better results
      430 3  -  By Lee Han Shih THE Amcol Holdings saga took another turn yesterday when the electronics trading and property company simultaneously announced the suspension of its managing director Kang Hwi Wah, who is charged with corruption, and an improved set of interim results. Meanwhile, trading
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    • COMPANY BRIEFS
      • Article
        EON pre-tax profit soars by 91pc
        69 3 KUALA LUMPUR Edaran Otomobil Nasional Bhd yesterday said that pre-tax profit for the six months ended June 30 jumped 91.1 per cent to M 578.89 million (5550.4 million) from M 541.28 million a year earlier. Releasing its unaudited interim results here, the distributor of
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      • Article
        D&C Bank's profits rise
        60 3 DEVELOPMENT Commercial Bank Bhd posted a 32.9 per cent rise in after tax profit to M 525.18 million (5516.11 million) for the six months ending June. Releasing its unaudited interim results, the company said net profit attributable to shareholders grew 26.4 per cent to M 521.24
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      • Article
        Southern Bank's profit up 15pc
        54 3 SOUTHERN BANK Bhd's group after tax profit rose 15 per cent to MS 14.80 million (559.62 million) for the half year ended June 30. The company's unaudited interim results released yesterday also showed a rise in net earnings per share to 12.7 sen from 11
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      • Article
        Berjaya Corp's stake in Star
        86 3 KUALA LUMPUR Berjaya Corp (M) Bhd said itsproposed purchase of a 20 per cent stake in Star Publications (Malaysia) Bhd for M 541.408 million (SS26.S million) is an excellent opportunity to venture into the print media business. In view of the long-term growth prospects of
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      • Article
        Nik Mohamed on Sime board
        58 3 NIK MOHAMED bin Nik Yaacob was appointed to Sime Singapore's board on Monday as an additional director. Mr Yaacob is the director of Sime Darby's Malaysian operations. He also sits on the boards of DMIB Bhd, Sime UEP Properties, Tractors Malaysia Holdings and PNB Equity
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      • Article
        Sale of 130,000 CSA shares
        52 3 A DIRECTOR of Automated Systems (HK) Ltd, a CSA Holdings subsidiary, has sold 130,000 CSA shares of 20 cents each. Mr Peter Kuo sold the shares to repay a loan provided by OCBC Bank to enable CSA staff to subscribe for shares reserved for the
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    • COMPANY BRIEFS
      • Article
        Cheung Kong flats sold at benchmark prices
        87 4 HONGKONG Flats at Phase Three of Cheung Kong (Holdings) Ltd's Laguna City development in Kowloon have all been sold, fetching prices ranging from HKJ2.BOO (SS6I6) to HK53,150 a sq ft, property agents said. Analysts, who considered the sale as a benchmark for Hongkong
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      • Article
        Macy same store sales up
        95 4 NEW YORK RH Macy Co Inc said same store sales for the 1991 fourth quarter and fiscal 1991 ended August 3 rose to US$l.63 billion (5J2.83 billion), a slight increase over the 1990 fourth quarter and fiscal 1990. Same store sales for the 1991 first
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      • Article
        Padaeng's profits fall steeply
        77 4 BANGKOK Zinc refiner Padaeng Industrial Co reported a sharp drop in after tax profits at half time. The company posted a net after tax profit of 462.5 million baht (Ss3 million) for the six months ended June 30, compared to 739.2 million baht for the previous
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      • Article
        Arjo buys into German firm
        63 4 LONDON Paper and pulp group Arjo Wiggins Appleton pic said it acquired a majority stake in German paper firm BUHL Group for an undisclosed sum. Arjo did not announce the size of the stake it bought, but said the combined cost of acquiring the stake
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      • Article
        Nikka Whisky, UK firm in tie-up
        101 4 TOKYO Nikka Whisky Distilling Co has reached an agreement with International Distillers and Vinters Ltd (IDV) of England to form a joint venture in Japan, a Nikka spokesman said on Monday. Nikka IDV Ltd will be formed by the end of August with Nikka
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      • Article
        HP introduces new products
        63 4 PALO ALTO, California Hewlett-Packard Co said it has introduced a Unix operating system-based fault-tolerant oomputer and other computer products. The new HP 9000 Model 1245, which the company said performs up to three .times faster than the existing model, provides an open-sys-tems environment for on-line-transaction processing.
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      • Article
        Aussie fast train project derailed
        88 4 Jt-DNEY Australian plans for a Aslo billion Very Fast •Ttain (VFT) project were derailed following a government decision not to give the project special tax treatment. ;irpken Hill Pty Co Ltd (BHP), leader of a consortium 2#wch planned to develop a high speed rail link
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      • Article
        JWP in control of Businessland
        137 4 tSAN FRANCISCO JWP Inc said on Monday that it had control of Businessland Inc through its tender offer, •(Searing the way for the creation of a giant new force in personal computer retailing. JWP, a technical services company based in Purchase, New York, said it
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    • Article
      MBf taking over M'sian finance firm for M$323m
      418 4 Move is part of govt rescue scheme for failed co-operatives KUALA LUMPUR MBf Finance Bhd will assume some MS7SO million (*****.5 million) of liabilities, including a M 5493 million Bank Negara loan extended to Kewangan Usahasama Makmur Bhd, when it takes over
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    • Article, Illustration
      Lock icon Polly Peck chief accused of breaching deal
      355 4 Nadir sold assets but failed to pay creditors, court told Reuter LONDON Asil Nadir, chief executive of collapsed conglomerate Polly Peck International pic, breached an agreement with personal creditors owed a total £80 million (Ss24o million) by failing to pass on proceeds of
      Reuter  -  355 words
    • Article
      Lock icon Lockheed group wins US$9.5b fighter deal
      163 4 Reuter DAYTON, Ohio Lockheed Corp said the US Air Force Systems Command's Aeronautical Systems Division has awarded its team, with Boeing Co and General Dynamics Corp, a U559.55 billion contract to begin development of the F-22 nextgeneration fighter. The contract, covering Engineering and Manufacturing
      Reuter  -  163 words
    • Article
      Lock icon S Korean securities firms to reduce margin accounts
      246 4 Reuter SEOUL South Korea's 3! securities houses will limit credit for margin trading to 30 per cent of a securities house's paid-up capital from the current 60 per cent, a spokesman for the Korea Securities Dealers Association said. The move will reduce
      Reuter  -  246 words
    • Article
      Lock icon Du Pont to cut 1,000 jobs in its fibre division
      340 4 UPI WILMINGTON, Delaware Du Pont Co's fibre division on Monday said it would cut about 1,000 jobs over the next 15 months as part of a US$l5O million (Ss26l million) cost reduction programme. The measures are part of the parent
      UPI  -  340 words
    • Article
      Amalgamated Steel buying 6 plantation firms
      365 4  -  By Magdalene Ng AMALGAMATED Steel Mills Bhd (ASM) is buying six plantation firms from Malaysian Plantations Bhd for M 5184.86 million (SS 118.3 million) in a bid to further diversify into the plantation sector. In separate announcements yesterday, ASM and M Plant said the
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    • Article
      M'sian duty-free chain Sriwani seeks listing on KLSE
      405 4  -  From James Shyong in KUALA LUMPUR DUTY-FREE shopping chain, Sriwani Holdings Bhd, has proposed to make a public flotation of 8.85 million shares of MS 1 (550.65) each, thus making it Malaysia's first duty-free merchandise group to be listed on the Kuala
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      367 3 Its ANA I lot el Singapore lor me I rom now on. J W ANA HOTEL SINGAPORE m 1 was up Slimfit Studio after a relative recommended to me. I thought it was going to be a long and torturous battle. But have never been so wrong! "After the three
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      35 4 Ist Prize of $3,000 goes to Second Prize of $2,000 goes to Joint Third Prize of $500 each goes to Winners will be notified by post. Prizes must be claimed by August 16, 1991. Businesslimes
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    • Advertisement
      Page 4 Advertisements Column 2
      64 4 Oscars Oscars presents the best salad bar in town. 14 varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy meal. Brasserie Bar 30 Robinson Road, 81-00 Robinson
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  • FINANCIAL NEWS
    • Article
      Lock icon Tokyo won't prosecute securities houses
      327 5 NYT TOKYO A top Finance Ministry official said yesterday that the government would not prosecute Japan's scandal-ridden securities houses for creating billions of dollars worth of bogus securities trades, despite ample evidence of improper activities. Nobuhiko Matsuno, head of the ministry's securities bureau, said at
      NYT  -  327 words
    • Article
      Lock icon Chase to sell leasing business worth US$2.2b
      288 5 FT NEW YORK Chase Manhattan, the large New York commercial bank, yesterday announced plans to sell most of its North American commercial leasing business with assets of US$2.2 billion (Ss3.B billion) to four buyers as part of its new strategy of disposing of
      FT  -  288 words
    • SMALL CHANGE
      • Article
        Worst may be over for US banks
        92 5 NEW YORK Although the major US banks posted mixed results in the second quarter, there is evidence the industry may have passed its low point, according to a study done by Keefe, Bruyette and Wood. Of 141 reporting banks, 14 reported losses for
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      • Article
        Kuwait plans banking merger
        106 5 KUWAIT The central bank said on Monday that it planned to make Kuwait's eight banks merge into four banks from September to help them operate profitably against competition. Governor Sheikh Salem Abdul-Aziz al-Saud al-Sabah said in an interview that the merger process would be completed early
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      • Article
        NZ exchange's likely buyer
        101 5 AUCKLAND The London Futures and Options Exchange is likely to be the new owner of the New Zealand Futures and Options Exchange if the NZFOE board recommendation is accepted by members, NZFOE chairman Gavin Kennedy said yesterday. London FOX said it sent a detailed proposal to
        101 words
      • Article
        Mexico sells Banca Confia
        104 5 MEXICO CITY The Mexican government has sold off its 78 per cent interest in Banca Confia, the country's 10th biggest bank in terms of deposits, for U*****.8 million or over three times its net worth. The Finance Ministry said on Monday that the bank, the fourth
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      • Article
        Banque Indosuez owns Sefis
        72 5 LISBON Banque Indosuez, the banking arm of Cie de Suez, bought on Monday the remaining 77.5 per cent stake of Portuguese finance firm Sefis-Sociedade Europeia de Financiamentos e Servicos SA which it did not already own. "Banque Indosuez has become the sole shareholder of Sefis," Sefis
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    • Article
      Parkway to issue up to US$50m worth of FRNs
      333 5  -  By Diana Oon LISTED PROPERTY company Parkway Holdings is proposing to issue up to US$5O million (5586.2 million) worth of floating rate notes (FRNs) to finance the costs of its overseas projects. The funds, raised in US dollars, are likely to
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      87 5 APPOINTMENT NOTICE ZANE STAIT-GARDNER Jul Thomas A. Di Giacomo, Chairman, President and Chief Executive Officer of Manulife Financial (The Manufacturers Life Insurance Company) is pleased to announce the appointment of Zane StaitGardner to Senior Vice President and General Manager Reinsurance Operations. This appointment reflects the increasing importance of the Reinsurance
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      Page 5 Advertisements Column 2
      231 5 THE CASE OF THE VALET WHO r KNEW EVERYTHING WILL BE SOLVED ON 16 SEPTEMBER 1991 ii 14 RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. ■AfTUI HOTZL uortm WITH M« KITH, BAB AMD 81l II4SH BOOM. BAPPLBS CULL, TOIW BOOM. WEITO? BAB. LOUT BAB AMD FUNCTION AHA* INCLUDING THE BAST INDIA
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        US recovery may be slowed by govt moves
        86 6 FRESNO, California Spending cuts and tax increases that are reducing government deficits may slow the US recovery from recession, says the Federal Reserve's western regional president. Robert T Parry on Monday predicted moderate economic growth during the second half of this year.
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      • Article
        Moscow acts to boost oil output
        63 6 MOSCOW The Soviet government has announced measures to reverse a decline in oil and natural gas production that has hit vital hard-currency export earnings. The measures unveiled on Monday, discussed at a Cabinet meeting last month, included a cut in oil export taxes to
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      • Article
        Indian government loses vote
        96 6 NEW DELHI India's minority government suffered its first defeat in Parliament on Monday when it failed by a single vote to block a motion proposed by a rebel party member. Prime Minister Narasimha Rao's Congress (I) Party government lost the Rajya Sabha (Upper House) vote on
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      • Article
        New treaties for Nepal, India
        81 6 KATMANDU Nepal and India have agreed on a new set of trade and transit treaties, formalising the cooperation which New Delhi extended last year with Nepal's transition towards a democratic government, negotiators for the two sides said on Monday. "The two countries have agreed to
        81 words
      • Article
        Deepening recession for builders
        69 6 LONDON The recession in Britain's construction industry could deepen and recovery is unlikely until 1993 at the earliest, according to a survey from the British National Council of Building Material Producers. The report revises the council's earlier forecasts of recovery by the end of this year
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      • Article
        Seoul's electronics deficit widens
        73 6 SEOUL South Korea's trade deficit with Japan in electronics widened between January and June, reversing a recent trend and worsening its overall bilateral trade gap, officials said yesterday. The officials at the Trade and Industry Ministry said South Korea ran a loss of US$l.79 billion (Ss3.l
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      • Article
        Bonn welcomes MFA extension
        74 6 BONN German Economics Minister Juergen Moellemann has welcomed the extension of the Multi-Fibre Arrangement (MFA), which enables rich countries to restrict cheap imports of clothes and textiles from the Third World. "The extension of the MFA gives traders and industries a secure base for planning... and
        74 words
      • Article
        Japan grants aid to Romania
        61 6 TOKYO Japan will extend an untied loan of US$lOO million (Ssl73 million) to Romania through the World Bank, and give aid worth US$2OO,OOO for disaster relief. A Foreign Ministry spokesman said yesterday that Foreign Minister Taro Nakayama conveyed this at a meeting in the Japanese
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    • Article
      Bangkok tightens grip on investment in infrastructure
      330 6 Move will help prevent conflicts in negotiations r BANGKOK The Thai government will set up a regulatory board to oversee future privatisation and private investment in major infrastructure projects. With the Government's major policy towards privatising these projects, the board will help to
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    • Article
      Lock icon Philippine govt files graft charges against Imelda
      282 6 Reuter MANILA The Philippine government filed graft charges against former First Lady Imelda Marcos yesterday, accusing her of coercing a businessman to sell prime land to her late husband, Ferdinand Marcos, in 1968 at a "scandalously low price". Government lawyers also accused Mrs
      Reuter  -  282 words
    • Article
      Lock icon Tax ruling likely to kill Aussie high speed train project
      319 6 AFP SYDNEY The Very Fast Train (VFT) project that would have linked Australia's major population centres received what could be a mortal blow yesterday in a government decision ruling out tax concessions for the builders. The project, estimated to cost
      AFP  -  319 words
    • Article, Illustration
      Hiroshima relived in Sydney
      54 6 SYDNEY A protester, playing the role of chairman of Greed Inc, standing over "war victims" during a demonstration outside the Sydney Stock Exchange yesterday, marking the 46th anniversary of the atomic bombing of Hiroshima. I he demonstration was held in protest against Australian companies involved in
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    • Article, Illustration
      Lock icon Finance chief raps Manila's economic critics
      421 6 Reuter MANILA The Philippines' biggest economic problem lies in the country's penchant for popular but simplistic solutions, limitless debate and unwillingness to face up to challenges, Finance Secretary Jesus Estanislao has said. In a 13-page memorandum to President Corazon Aquino, the country's top economic
      Reuter  -  421 words
    • Article
      Lock icon Military veterans back Suharto for new term
      197 6 AFP JAKARTA A small group of military veterans has said Indonesia's socio-political organisations shonld endorse President Suharto for the aext presidential term beginning hi 1993. The Antara news agency reported yesterday that retired Brigadier-General Sitompul, the executive chairman of the Jakarta chapter of
      AFP  -  197 words
    • Article
      Cement shortage in Malaysia causing extensive disruptions
      281 6 KUALA LUMPUR The nationwide cement shortage in Malaysia has disrupted work in at least 69 major projects, causing losses that run into millions to construction companies, according to The Star. j The cement shortfall of about 70,000 bags not received since June has
      281 words
    • Article
      Lock icon Indian public sector turns in sharply lower profits
      265 6 AFP NEW DELHI India's gigantic public sector has reported a steep fall in its profits during the last financial year, a reversal attributed to payment of wage arrears, exchange rate revisions and the Gulf crisis. The annual performance report on 189 public
      AFP  -  265 words
  • Page 6 Advertisements
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      457 6 HUE- APPLICATIONS ARE INVITED FORJHE FOIWWNG TRAINING COURSES/SEMINAR/WORKSHOP MANUFACTURING TECHNIQUES FOR JIT PRODUCTION SYSTEM (JIT) 9 Sep 91-9 Oct 91 (Every Mon A Weds 7pm 10pm) Fmi $420 (NPA Mtmbirl $490 (Non Member) VENUE: SINGAPORE PORT INSTITUTE This 30-hour course is intended to give participants on appreciation of the total
      457 words
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  • THE WORLD
    • Article
      Lock icon US recovery still slow as economists fear relapse
      489 7 Both industrial, monetary data signal contraction FT WASHINGTON One of the most sluggish economic recoveries in recent US history is probably still underway. But the odds of a relapse into recession are growing shorter as both industrial and monetary data begin to
      FT  -  489 words
    • Article
      Lock icon Trade deficit with non-free market nations up 52pc
      273 7 UPI WASHINGTON The US trade deficit with non-free market nations grew by 51.7 per cent in the first quarter of this year, compared with the first quarter of last year, the US International Trade Commission reported on Monday. The rise reflects nearly
      UPI  -  273 words
    • Article
      Lock icon Foreign firms beat Moscow rent rise bid
      326 7 AP MOSCOW Western businessmen have defeated a 100 per cent rent increase at Moscow's main office centre, but say they are continuing to lose ground to rising costs and arbitrary rules. The proposal in June to double already-high rents at the Armand Hammer
      AP  -  326 words
    • Article
      Lock icon Consumers, not exports, hold key to British recovery
      268 7 Reuter LONDON The UK recession was consumer-led, and the recovery from it will also have to come through a change of sentiment in High Street, UK economists and government ministers say. They say a further increase in exports or a boost to
      Reuter  -  268 words
    • Article, Illustration
      Lock icon UN group to work out Iraqi compensation next month
      357 7 Reuter GENEVA A UN working group is to meet next month to develop a proposal for precisely how to draw money from Iraq, according to a document distributed on Monday. After consulting oil and financial experts, they will discuss the best
      Reuter  -  357 words
    • Article
      Lock icon Iraq wants Muslim action against UN sanctions
      197 7 Reuter ISTANBUL Iraq's Minister of State for Foreign Affairs has urged Muslim countries to fight against United Nations sanctions imposed on Baghdad over last year's invasion of Kuwait. Mohammad Saeed alSahaf, in a speech at an Islamic conference in the Turkish capital on
      Reuter  -  197 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      160 7 MIX 200 YEARS OF AMERICAN HISTORY AND CULTURES AND YOU'LL HAVE THE CjfclNE OF THE NEW ORLEANS. The New (Mr ns specialises in the exciting New Wave American cuisine plus tflfti iditional Cajun and Creole cuisine for which The New Orleans B (reated a reputation. Whether you want the taste
      160 words
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      Page 7 Advertisements Column 2
      139 7 PEQUIGNET Because individuals always have the best time. AN OUTSTANDING ALLIANCE 'ffl )V OF DESIGN AND MATERIAL, %t*siT THE SAKKARA-WATCH BY PEQUIGNET > HAS THE CHARACTERISTICS OF OSS*# A RARE AND PRECIOUS OBJECT CREATED FOR WOMEN OF EXCEPTION. > 9 9 ASIA WATCH CENTRE PTE LTD Parkway Parade. #B 1-68/69.
      139 words
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  • Article
    If not now, when?
    489 8 EDITORIAL Like firefighters in Kuwait's oil fields, Americans are moving from one zone of conflict to another, pushing old adversaries to settle differences so that a New World Order might prevail. But the question is whether the foes have shed millennia-old mistrust to sit with people
    489 words
  • WHAT THE OTHERS SAY
    • Article
      Growth advocate
      160 8 DEPUTY Prime Minister Lee Hsien Loong noted last Thursday at the Economic Development Board's 30th anniversary dinner that there is now more room, and sometimes temptation, to argue for policies on non-economic grounds, even if it means trading off some growth. But as Brigadier-General (Res) Lee stressed, the
      160 words
    • Article
      A fresh mandate
      197 8 THE statement by Prime Minister Goh Chok Tong that he would be calling an early general election may not come as a surprise to many. There are many reasons for the government to call for an early general election. Despite the Gulf crisis, Singapore's economy is doing
      197 words
    • Article
      Sing a song of unity
      151 8 SINGAPORE has decided to use the Malay language in the national anthem and there are clear reasons, both external and internal, for it to do so. The reasons are still valid today. By reflecting upon the developments in and outside the country since independence and
      151 words
  • REGIONAL VIEWPOINTS
    • Article
      Keeping the service civil
      153 8 THE CHIEF Secretary to the government, Tan Sri Ahmad Saiji Abdul Hamid introduced three programmes designed to stimulate, improve and update the civil service's performance. Then recently, government departments were told to incorporate an effective customer feedback system as part of their service, similar to those
      153 words
    • Article
      Capital market perversion
      163 8 THE names of corporations and individuals compensated for investment losses by the Big Four brokerages were revealed on July 29, listed alongside the amount each received. Behind these compensation payments lies a web of reciprocal relationships evolved from long-term, diverse deals between brokerages and corporate interests. The
      163 words
    • Article
      Keeping watch on Saddam
      138 8 WHAT is most troubling about the Iraqi government today is that it seems so unaffected by the events it triggered a year ago by its Kuwait invasion. Of prime concern to many in recent weeks has been Baghdad's continual attempts to cover up details of its
      138 words
  • Article, Illustration
    Forging better understanding
    957 8  -  With a new, post-independence generation of leaders in charge, Singapore and Malaysia have entered a new phase of bilateral relations, one that looks ahead, not behind. But the road to good relations is not always smooth. Anna Teo reports Anna Teo IT was the first spot of
    957 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      229 8 7 8 October 1991 Furama Kempinski Hong Kong The role of the private sector Key issues covered include International key speakers include Privatisation of ports in Malaysia, Indonesia, Thailand, Philippine Hong Kong Michael Sze, Director, Marine Department 9 Lega i f ramew ork for privatised port Hong Kong development Commodore
      229 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      94 8 DOONESBURY by garrv trudeau rr&Aux«ms fv&tcT. i I I my, tmwF\ f<r ~J!!1|| —*-> HtfAN, rrUAS A ROMANTIC, I BORING YOU J Norm ALL. YOU'RE Nice. BY UM... YOU AS I setting, anp n&ther. of us \\ujithmyut- L] tm anxious the my, the a&his look u HAP ANYONE (OAITIN6 AT
      94 words
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  • ANALYSIS
    • Article
      The financial barriers aren't tumbling down
      1242 9  -  The EC must still cut through many obstacles before it reaches a truly common market in financial services. It won't be there by 1993, says The Economist The Economist IN Brussels August is a month for beaches, not Euromeetings. That leaves just four months
      1,242 words
    • Article, Illustration
      Sir Piers Jacobs: HK's favourite scapegoat
      1577 9  -  HK's Financial Secretary ends his five years in office on Aug 12. But as Sir Piers Jacobs leaves the public eye, he will carry with him some bitter memories of the way he has been pilloried by the press, reports Catherine Ong, BT's Hongkong
      1,577 words
    • Article
      Lock icon US losing out in robot race
      402 9  -  William Bergstrom reports on the problems facing US robot makers William Bergstrom AP American industry is placing record orders for robots to wield its arcwelders and swing its paint-spray-ers, but the future of US robot manufacturing is far from automatic. America invented the industrial
      AP  -  402 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      152 9 ■\he U un §e W\th A Dif/ere n c e Sample our unique Box Lunch at 515.0G-H-. It comes with a glass of wine, beer, fruit punch or the famous Singapore Sling. 9 you may have a sumptuous ffyCfTfiTjr meal from our ala carte menu. IJfijLj During Happy Hour, order
      152 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      971 10 WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE For the month of August, the master chefs at Tien Court have prepared six splendid set menus that feature Shark's Fin as the centrepiece. Prices range from S$ 188.00 for the Double Boiled Shark's
      971 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      552 10 TELEVISION AND RADIO n _J SBCI2 e.30 (OrtTOn). 7i" S2Sri^*r?^ T ||TlC r\Y\r\ 7.00 AM CNN International (L). 700 of Fortu < Game 7.30 Th. Rati Gha.tlm.tor. (Car- BBC, 85.9 mHz in VHF Band H VJ Clllvi A V/kJVkJ too CtoM. TTT rUn 'm L° on) 7.10 am, 9.25 am
      552 words
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  • LIFESTYLE
    • Article, Illustration
      This creature called powerboy
      1288 11  -  Champion athletes and men in power realise from an early stage that they can get away with most things because people are afraid of them. Robert Lipsyte investigates the powerboy phenomenon Robert Lipsyte WHEN I was small, Joe Louis was the champ and Franklin D. Roosevelt
      1,288 words
    • Article
      Pushkin's porn poem?
      352 11 CHATTERBOX A DUTCH literary magazine on Monday published what it claimed to be an unknown pornographic poem by the Russian writer Alexander Pushkin. The poem, peppered with obscenities, tells how a Russian orthodox priest is struck by impotence while visiting a brothel and then cured by the
      352 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      289 11 AND ENTERTAIN Businessman's Buffet At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00++ per person. A ANA
      289 words
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      Page 11 Advertisements Column 2
      21 11 <7) rtfln Motel n Royal at *r253 4411 g for the LM4 MIMIIF-J. .I>l il J»l J;11 Ji <9 (D (£)(&<& ®®®®®lnSlngaporeoQss®©Q©Q
      21 words
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      Page 11 Advertisements Column 3
      146 11 SSUNSET Experience the latest in Steamboat Dining at the Galaxy Poohide the finest Steamboat Buffet spreod in town. Sizzling Barbecue items am also served as side orier* And remember The Buffet Dessert is an the house! Business Hours: from 7 pm (nightly) Price: Adults $15.00++ Children 510.50+ For reservations, please
      146 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Bubka soars to world high, Burrell beats Lewis
      501 12 Reuter MALMO, Sweden Soviet phenomenon Sergei Bubka broke his own pole vault world record and Leroy Burrell dealt a psychological blow to Carl Lewis over 100 metres at an international athletics meeting here on Monday. Bubka cleared 6.10 metres in his third
      Reuter  -  501 words
    • Article
      Lock icon Cubans jubilant in Pan Am Games
      329 12 AP HAVANA In front of President Fidel Castro, Cuba's track and field team experienced one of its greatest days ever and the United States one of its worst at the Pan American Games. The host Cubans won six gold medals on Monday, matching their
      AP  -  329 words
    • Article, Illustration
      Lock icon Greg's still the best to Aussies
      618 13 AP CARMEL, Indiana Greg Norman is still No 1. At least to the Australians. Perhaps not No 1 among the seasoned little group of Australian players now moving to the top of world golf, but No 1 TO them. Take the word of British
      AP  -  618 words
    • SIDE LINES
      • Article
        Flowers for a fair loser
        124 13 STOKE, England Alex Higgins handed Stacey Hillyard a bunch of flowers and a 5-1 defeat in professional snooker's first major battle of the sexes here on Monday. The twice world champion was a picture of chivalry as he shook hands and kissed Hillyard, the top-ranked
        124 words
      • Article
        US sails closer to victory
        88 13 COWES, England The US yacht Vibes edged out the English ship Port Pendennis by 44 seconds in the one-tonne class as the first inshore race in the Admirals Cup was contested on Monday. The victory moved the US closer to first-place Italy in the series
        88 words
      • Article
        More for Ryder Cup team
        48 13 PALM BEACH, Florida Lanny Wadkins, Hale Irwin, Paul Azinger and Corey Pavin have clinched positions on the 1991 US Ryder Cup team, the Professional Golfers' Association of America said on Monday. They join Payne Stewart and Fred Couples, who have already secured spots.
        48 words
      • Article
        Jarryd gets a lift
        95 13 MASON, Ohio Sweden's Anders Jarryd, whose ranking was so low last year that he considered quitting tennis, beat 16th-seeded countryman Jonas Svensson 6-7 (7-2), 7-5, 6-4 in the first round of the ATP Championship on Monday. Just three seeded players had matches on the opening day
        95 words
      • Article
        Jury for Tyson case
        57 13 INDIANAPOLIS A special panel investigating rape allegations against former heavyweight champion Mike Tyson will be selected next week, a prosecutor said on Monday. An 18-year-old contestant in the Miss Black America pageant has accused Tyson of raping her in a downtown hotel on July 19. Through
        57 words
      • Article
        Hooked on fishing
        109 13 SYDNEY A STUDY of anglers and danglers in Australia has found recreational fishing is the country's biggest participation sport, surpassing netball. An estimated 26 per cent of all Australians over the age of 15 or 3,469,387 cast a line in the past year, according to the study
        109 words
    • Article, Illustration
      Lock icon Top five men to chase Australian Open title
      345 13 AP MELBOURNE The world's top five male tennis players, headed by defending champion Boris Becker of Germany, will battle for record prize money in the 1992 Australian Open, scheduled for Jan 13-26. The Grand Slam tournament will offer A 56.2 million (558.06
      AP  -  345 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      691 12 B I Keppel Corporation Limited H (Incorporated in the Republic of Singapore) B The Directors are pleased to advise the following unaudited results of the I Company and the Group for the six months ended 30 June 1991: I COMPANY GROUP I 1991 1990 1991 1990 Ss'ooo Ss'ooo Ss'ooo Ss'ooo
      691 words
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      Page 12 Advertisements Column 2
      53 12 An Italian State-Of-The-Art i mm Dragnrr Pasquak Natuzzi hichever May You See It THE INTERHOME COLLECTION Forever Exclusive Forever Luxurious interhome MOVE Of INTERNATIONAL DESIGNER S FURNITURE 6 Raffles Boulevard *03-100 Marina Square Singapore 0103. Tel: 336 2322. Fax: 336 8820. Packing. Handling of document* 6r Shipment lor avcneas customer*
      53 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      67 13 iiiifiii RESPONSIBILITIES W. I 1 It Designed for: £fl I BUSINESSMEN SHAREHOLDERS DIRECTORS OF COMPANIES MANAGERS I ASPIRING ENTREPRENEURS I Course Date: B 29 August 1991 (Thursday) I 9.00 am to 5.00 pm I Venue: I WTC Convention Centre World Trade Centre Course Fee: S$ 350.00 per participant HI For
      67 words
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      Page 13 Advertisements Column 2
      603 13 You'd be surprised what you can teach yourself at Apple World Singapore '91 Even novices can feel like accomplished specialists once they get their hands on a Macintosh. Because it's unbelievably easy. Just try it for yourself at Apple World Singapore '91. Here, from August 15 to 17, Apple World
      603 words
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  • FOCUS
    • Article, Illustration
      Lock icon Complex web that started spinning way back
      980 14  -  The BCCI Collapse A report on the BCCI crisis states that the massive fraud began as far back as 1978. Cotten Timberlake has the details Cotten Timberlake AP ONE of the most complex deceptions in banking history began in 1978 when the Bank
      AP  -  980 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      370 14 TEE OFF WITH Y~fg~ U.S. MEAT Wg:—- 5 to August AT THE SHIP W&tiz X /Mm US Beef you win Here's your chance to win one erf the five prizes be given a lucky drav* at the famous Ryder Golf SchooL M wh !^L^ entitle you to participate /in the
      370 words
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      Page 14 Advertisements Column 2
      83 14 Perth, Wastern Australia. Dont run around the block looking for some of the best investment properties in Perth's rapidly developing West End CBD. No. 903-907 No. No9lB Demand a Block Buster copy of this brochure detailing 4 pnme opportunities that are to be auctioned: 11AM TUESDAY AUGUST 20th 1991 ON
      83 words
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  • THE LAW PAGE
    • Article, Illustration
      Case for Singapore to have a family court
      714 15  -  Some members of the legal profession, especially the Singapore Association of Women Lawyers (SAWL), have been calling for a family court. David Gabriel discusses the issues in the light of a recent SAWL publication David Gabriel WHEN a family breaks down beyond
      714 words
    • Article
      Of contracts and clauses
      607 15 CASE MOHAMED NAZRAN V. AL-EKHWAN CONSTRUCTION (PTE) LTD. The High Court of the Republic of Singapore, Originating Summons No 24 of 1990. Justice L P Thean. THERE were two issues before the court. The first related to the application of a revocation clause in a contract.
      607 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      93 15 11AM THURSDAY AUGUST 29, 1991 ON-SITE. 97 Murray Street Central Perth, Western Australia. LONG LEASE TO MISS MAUD SWEDISH STYLE HOTEL/ RESTAURANT Title Particulars The land is held as an Estate in Fee Simple and is described as part of each of Perth Tbwn Lots QlO and Ql2 the subject
      93 words
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      Page 15 Advertisements Column 2
      182 15 I AT THE CONRAD HONG KONG, IT'LL TAKE A WHILE FOR THE 40% DISCOUNT TO SINK IN. Does this gentleman's smile have anything to do with the fact that we actually provide a thermometer for the bath water and the ducky for his tub? Well, it could also be the
      182 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market closes weaker but above day's low
      887 16  -  By Genevieve Cua SELECTIVE bargain-hunting by institutional investors failed to halt the market's downward slide yesterday. The benchmark Straits Times Industrials Index, continuing its string of losses, fell for the seventh consecutive trading day yesterday. It ended at 1,463.97, down 1.07 points from
      887 words
    • Article
      Untitled
      4009 16 MAIN BOARD Gr's Gr'« 1991 Tel Li ist Vol Day Last Quote Div Div YTd Net M Cap High Low Code Company Sale +orC000) High Low Buyer Seller CVr P/E Smil INDUSTRIAL COMMERCIAL 285 162 1000 Acma 224 -2 23 224 224 222 224 10.0N 1.5 4.5 14.8 137.3 255
      4,009 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4094 17 Main Board DBS Foreign 1380 20 +1.5% SIA Foreign 1960 +10 0.5% I S1A 200 1350 +10 +0.7% I SPH Foreign 1310 +10 +0.8% I UOB Foreign 705 +10 +1.4% City Dev 50» 336 +10 3.1% Cold Store 50* 290 +7 +2.5% Straits Trading 280
    4,094 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      274 18 Company bat* Year Group Not Not oaraiags Gross Mil to profit/loss (L) por shirt dividend ('000) (coots) HTP Hldgs Aug 5 Mar 91 $6.032($2,334) 6.7(2.6) 10o(-) M Credit Jul 31 Mar 91 $14 284(15.986) 4.4(1.9) 5(2.5) Summa Inv Jul 29 Mar 91 $3.435($3.2021) 2.3( Golden Hope Jul 18
      274 words
    • Article
      PRELIMINARY RESULTS
      243 18 Company Date Year Croup pre-tax Nat earnings Grots ann to proftt/ioss (L) per share dividend (000) (cents) Malayawata Aug 2 Mar 91 M$51.065($31,216) 38(23.2) 7.5%TE(2%TE) Khong Guan Jul 30 Apr 91 $312L($316L) 4(4) Rash id Hussam Jul 24 May 91 M$68.223($30.105) 24 9(19 4a) 5(45a) Kamunting Corpn Jul
      243 words
    • Article
      INTERIM RESULTS
      375 18 Company Date Half-year Group pre-tax Interim ann to profit/lost (L) dividend ('000) FELS Aug 5 Jun 91 $15,347(117.495) JOB Aug 2 Jun 91 $145.382g($139,065g) 8(8) UOF Aug 2 Jun 91 $5,532(16.9%) Idns Hyd Aug I Jun 91 M$10,228($9,339) S Steamship Aug 1 Jun 91 $20,719($20,534) ICB Jul 31
      375 words
    • Article
      CORPORATE DEVELOPMENTS
      649 18 Aug 5 Singapore Shipbuilding I Engineering has clinched a contract totalling more than $60m for the outfitting of three Republic of Singapore Navy vessels. The United Overseas Bank group has launched a full-service travel firm, UOB Travel Planners, which caters to both the business and leisure travel needs
      649 words
    • Article
      DIVIDENDS ANNOUNCED
      605 18 Current Ex Berts Date T*tai tor Trial tor payment date ctoM payabto tka yaar last yar AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8C Alei Hdp 50c 6%(b) Sep 4 Sep 16 Sep 30 6% 6% Am Pac Ld 50c 2%(b) Jul 18 A* 1
      605 words
    • Article
      RESULTS DUE
      509 18 Main Board La** f"* Yaar Company Period Ditt Yur Nit EPS Grou Not anranced mil (centj) J» proU last year (JW) C«r«tk» Interim Apr 27 Jul 91 li6 20 OTE(a) 38.911 Sport Land Interim May 4 Dec 91 12.6 10.0 44.641(f) krone SNp Interim Jul 27 Oec 91
      509 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      939 18 Prices as at 06.0S.91 Conversion twins Premium/ Expiry (discount) Amount Optional" using issued Company (mil Wrts Share Loan Com Exer Lnstk Cash Cashj Loan Gearing Date Mtto units) stock ratio price nom Stk. Left value Burwill 115 2 0 235 0 690 1 00 1 00
      939 words
    • Article
      APPROVED ISSUES
      243 18 Company Rights Issue Bcftor One-for-four MJ2 00 per start Ex-date Jul 16 Books dose Jul 30 Acceptance t Payment Sep 10 I*b Hyd Four-tof ftve MSO 65 per start Ex-date: Jul 25 Books dose Aug 8 teceptance Payment NYA Nat Kap One-tor-two SO 80 per share Ex-date Aug
      243 words
    • Article
      PROPOSED ISSUES
      511 18 Company Rights tow tea fit Lad One-tor-two fe MS065 per share Mance Tadi One-for-one SI 00 per stare Baton Issue of 190 978m nomral amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the bass of $2 nominal amount of Bonds for every three
      511 words
    • Article
      BONDS, LOANS & WARRANTS
      758 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary stare fkrai Wt Before 30/6/94 1 warrant plus HKS1 00 cash OC W Before 26/4/93 1 warrant plus $3 09 cash. CauMway Lew Cauuway Ml 2/10/89 to 20/10/94 1 warrant plus SO 11 cash or 1 warrant plus $0
      758 words
    • Article
      COMPANY MEETINGS
      287 18 National Kip Ltd: EGM at the Conference Room, 1 Third Chin Bee Road, Singapore 2261 on Thursday, Aug 8, at 11am. Hune Industries (M) Bhd: EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Tun H S Lee, ***** Kuala Lumpur on Saturday, Aug 10,
      287 words
    • Article
      RECORD HIGHS & LOWS
      165 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* *****8 3/6/91) }Jj| J* ISHJ 1991 tow; 1022.52 (16/1/91) JJJJ ?7/3/90 1990 1435.43 (16/7/90) }J[J Jf 1990 tow 981 07 09/11/90) 487 76 26/ 2/W 1989 1322.00 (28/12/89) *J WJgg 1989 tow: 917.42 (4/1/89) jj J™" 1988 h«h: 1043
      165 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares slip further in quiet trading
      4136 19 Bernama SHARE PRICES on the Kuala Lumpur stock market extended their decline in thin trading yesterday in line with weaker overseas markets. The KLSE Composite Index shed another 5.79 points to close at 587.37 while the Industrial Index fell four points to 1,113.66. On
      Bernama  -  4,136 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      599 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I Chan Khye Ming Chan Kai Meng of No 36, Chwee Chian View, Singapore 0511, have applied for a Retail Liquor Shop licence in respect of premises at M/s CHAN HONG KEE at
      599 words
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      Page 19 Advertisements Column 2
      241 19 f IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF WIDE LINK AGENCIES PTE. LTD. (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Mem ben of WI DELINK AGENCIES PTE LTD., duly convened and held at 5001 Beach Road, #04-11, Golden Mile Complex,
      241 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close easier on very low volume
      2217 20 Reuter TOKYO STOCKS slumped in very thin trade yesterday. Weaker futures and higher money market rates pushed prices lower at the opening, and they kept sliding as investors stayed immobile in case the current special parliamentary session digs up more dirt in Japan's
      Reuter  -  2,217 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares fall on news of move against property speculation
      1897 20 Reuter HONGKONG STOCKS ended lower yesterday on speculative selling and profit-taking triggered by mid-morning news that the government would unveil measures today to combat residential property speculation, brokers said. The Hang Seng Index, which initially rose seven points, fell 41.74 points
      Reuter  -  1,897 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks advance on rate cut hopes
      • Article
        AUSTRALIA
        898 21 OPTIMISM over the release of key inflation statistics today saw the Australian share market shrug off early caution to close firmer yesterday. Brokers said hopes a low June quarter Consumer Price Index will prompt authorities to ease monetary policy sent industrial shares higher. Bargain-hunters were also active in battered
        898 words
      • Article
        BANGKOK
        689 21 THAI STOCKS ended lower on thin turnover yesterday as political uncertainty discouraged investors, brokers said. The SET index ended 4.40 points lower at 704.95 on a turnover of 2.44 billion baht. Brokers were not able to pinpoint exactly what disheartened investors but said current political uncertainty and a lack
        689 words
      • Article
        JAKARTA
        644 21 THE Jakarta stock market showed little movement in dull trading yesterday, brokers said. The index fell 1.25 points to 332.76 on a turnover of 3.40 million shares. "There was not much foreign interest," said one broker. The broker added that he would not rule out the revival of a
        644 words
      • Article
        MANILA
        496 21 SHARE PRICES eased in quiet trading in apparent disregard of a decline in the annual inflation rate for July and the capture of the Philippines' communist guerilla army chief. The Manila Stock Exchange composite index shed 5.99 points to close at 1,011.88. "The market was very quiet. Trading focused
        496 words
      • Article
        SEOUL
        760 21 SHARES PRICES in Seoul yesterday closed at another year-high in heavy trading despite some profit-taking and news that securities houses would reduce credit for margin account trading, brokers said. The composite stock index was 4.92 points higher to finish at 763.10, exceeding the previous high of 758.18 on Monday.
        760 words
      • Article
        NEW ZEALAND
        199 21 NEW ZEALAND shares ended lower yesterday as investors continued to look to the money markets for signs of a post-Budget interest rate rally. Volume was about NZ$l7.7 million and the NZSE4O capital index slipped a further 10.9 points to end at about 1,440.1. New Zealand Aug 6 NZ
        199 words
      • Article
        BOMBAY
        45 21 BOMBAY share prices finished mixed in light trading on Monday, hit by restrictions imposed to curb excess speculation, brokers said. The Bombay Stock Exchange index ended up 0.07 point at 1,680.69, after fluctuating between 1,693.18 and 1,653.13. The national index fell 3.30 to 807.55.
        45 words
      • Article
        TAIPEI
        477 21 THE Taiwan stock index finished slightly higher yesterday after fluctuating in a small range. Dealers said narrow trade would continue in the near term. The weighted index gained 5.38 points to close at 4,887.03 compared with 4,881.65 on Monday, when it lost 3.5 per cent. Turnover was a very
        477 words
      • Article
        Untitled
        435 21 Close Prtvtow Aug 6 AUSTRALIA All Ordinaries Index 1,579.1 1,575.2 +3.9 All Industrials Index 2,407.4 2,401.6 +5.8 All Resources Index 941.9 939.6 2.3 Turnover (million) 182.56 65.03 117.53 BANGKOK SET Index 704.95 709.35 -4 40 Turnover (billion baht) 2.44 3.3 -0.86 JAKARTA Composite Index 332.76 334.01 -1.25 MANILA Composite Index
        435 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      28 21 i i For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 749-2577
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  • WORLD STOCK MARKETS
    • US stocks end lower in sluggish trading
      • Article
        Untitled
        445 22 Aug 5 Cloae Pwlw NEW YORK Dow Jones 2,989.04 3,006.26 -17.22 NYSE Financial 154.24 154.74 -0.50 SAP 500 385j06 387.18 -2.12 Turnover (million) 125.5 162.5 -37 LONOON Financial Times 30 1,999.4 2,014.6 -15 2 FTSE 100 2,585.4 2,601.7 -16.3 Turnover (million) 333.6 479 -145.4 FRANKFURT DAX Index 1,622.03 1,615.36 6.67
        445 words
      • Article, Illustration
        NEW YORK
        1255 22 WALL STREET stocks closed lower in slow trading on Monday, failing to draw support from a firm bond market. The Dow Jones Industrial index ended at 2,989.04, down 17.22 points and just barely above the session's low of 2,987.03. The 30-year US Treasury bond meanwhile rose 6/32 to
        1,255 words
      • Article, Illustration
        LONDON
        836 22 UK STOCKS finished at their day's lows on Monday after drifting downwards all day, failing to match Friday's closing high. Waning optimism about the speed of economic recovery in the US and the UK are weighing on the market, dealers said. "Four weeks of almost non-stop rises have to
        836 words
      • Article
        AMSTERDAM
        289 22 DUTCH SHARES closed at the day's lows in slow trading on Monday. A lack of volume and dollar weakness weighed on the market, traders said. "Today's only feature was the lower US dollar," said a dealer. The CBS tendency index slipped 0.7 points to close at 93.1, a low
        289 words
      • Article
        MILAN
        232 22 ITALIAN SHARES closed lower on Monday after trading in a narrow range for the bulk of a session in which even some of the largest blue chips failed to rouse any interest from investors. Brokers estimated the session's trading at about 70 billion lire, down from Friday's thin 102
        232 words
      • Article
        PARIS
        181 22 A LIFELESS Paris bourse on Monday ended only fractionally lower but volume was the thinnest in more than three years, bourse authorities said. A spokeswoman for the French stock exchanges association (SBF) said Monday's turnover of 800 million francs was the lowest since Apr 6, 1988, when the closing
        181 words
      • Article
        FRANKFURT
        227 22 GERMAN SHARES held on to most of their early gains in thin trading on Monday, ending 0.4 per cent above Friday's close and just above resistance at 1,620 on the DAX index. The 30-share index closed at 1,622.03, up 6.67 points. One dealer said that although some shares in
        227 words
      • Article
        ZURICH
        220 22 SWISS SHARES ended a dull Monday session slightly lower. Dealers said activity centred on banks, which closed steady to easier, but volume in the sec- tor was light. The all-share SPI index lost 4.4 points to 1,121.3, while the SMI index of leading shares eased 7.5 to 1,724.1. Dealers
        220 words
      • Article
        BRUSSELS!
        174 22 BELGIAN SHARES closed marginally higher in a day of very light trading, reflecting operators' reluctance to take new positions on the last day of the two-week forward account, dealers said. The key Bel 20 index of leading shares closed up I.OS points at 1,147.20, its highest level of the
        174 words
      • Article
        JOHANNESBURG
        383 22 THE Johannesburg stock market continued to drift lower on Monday afternoon, extending its morning losses under the weight of vulnerable gold and platinum shares amid shaky world precious metal prices. Dealers said no heavy selling was detected and described trading as quiet. Nervous investors mostly kept to the sidelines
        383 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      66 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
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar closes steady against yen. mark in dull Asian trade
      1185 23 REPORTS ASIA Tokyo: The US dollar was little changed against the yen and the mark in dull afternoon Asian trade. Dollar sentiment continued to be weak on speculation of a US credit-easing, but dealers failed to sell the dollar
      1,185 words
    • Article
      INTERBANK FOREX RATES
      390 23 Cross rates Aug 6 USS SS MS Dm Yen SFr AS NZS uss unav 2.7790 1.7170 136.75 0.5845 1.4965 1.2812 1.7346 ss 0.5794 1 1.6101 0.9948 n 0.3386 E .8670 0.7423 1.0050 MS 0.3598 62.11 0.6178 0.4921 0.2103 G .5385 0.4610 0.6242 Dm 0.5824 1.0052 1.6185 79.64
      390 words
    • Article
      MONEY MARKET
      525 23 Interbank rates s$ Bid Offer Overnight 4 1/2 4 5/8 1-month 5 1/16 5 3/16 2-month 5 3/16 5 5/16 3-month 5 5/16 5 7/16 Overnight mode: 4-5/8 LSS Bid Offer 7 days 5 13/16 5 1VI6 1 month 5 3/4 5 7/8 2 months 513/16 515/16 3
      525 words
    • Article
      Lock icon Taiwan to revamp its sluggish bond market
      540 23 Reuter TAIPEI Taiwan plans to expand its sluggish government bond market and reform its issuing system to be able to effectively raise billions of dollars needed for public works projects, a senior central bank official said. The government will begin auctioning bonds instead
      Reuter  -  540 words
    • Article
      Lock icon Aussie, NZ units likely to rally
      305 23 Reuter NEW YORK Overseas interest in the Australian and New Zealand bond markets will fuel rallies in the local currencies to resistance at 78.50 and 57.90 US cents respectively, traders said. They expect a low June quarter inflation number for Australia today. "With a
      Reuter  -  305 words
    • Article
      FINANCIAL FUTURES
      1026 23 SIMEX CUMOOUAB Open High Low Sett Est Vol Op/Int Vol Sep 91 94.02 94.03 94.02 94.02 2318 ***** 2496 Dec 91 93.66 93.67 93.65 93.66 3453 ***** 2621 Mar 92 93.59 93.61 93.59 93.60 1136 ***** 1389 Jun 92 93.19 93.20 93.18 93.19 965 2456 251 Sep 92
      1,026 words
  • Page 23 Advertisements
Page thumbnail Page 24
  • COMMODITIES
    • Article
      Lock icon Japanese eye joint ventures to meet aluminium demand
      407 24 Reuter TOKYO Japanese aluminium makers are wooing their larger foreign counterparts in hopes of entering joint ventures to cash in on surging demand for lightweight car parts. Demand for aluminium by the Japanese automobile industry is expected to reach 1.87 million tonnes
      Reuter  -  407 words
    • Article
      Lock icon Moscow lists measures to stem falling oil production
      240 24 Reuter MOSCOW The Soviet government on Monday announced measures to reverse a decline in oil and natural gas production that has hit vital hard currency export earnings. The measures, discussed at a cabinet meeting last month, included a cut in oil export
      Reuter  -  240 words
    • Article
      KL tin ends unchanged in stagnant market
      812 24 REPORTS THE PRICE of tin closed unchanged at M$ 15.40 per kg on the Kuala Lumpur Tin Market yesterday on lack of demand. Dealers said the market was stagnant yesterday with no pressure from sellers or buyers. The London Metal Exchange was also
      812 words
  • Article
    PRICES
    1335 24 I U nwon, I iy > t JWKIWUI Rubber Aug 6 MS (tlfclB H—) S cents/kg Noon Ckae !nt I RSS Prompt 140.2V14I.25N 140.00/141.OON Int 1 RSS Sep 91 142.00/142.50 141.7VI42.2S Int I RSS Oct 143.7VI44.25 143.50/144.00 Int 2 RSS OP 140.00/142.00N 140.00/142.OON Int 3 RSS OP 138.50/140. SON
    1,335 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      771 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX; 734-4982 IN THE MATTER OP THE COMPANIES ACT, CAP. 60 ANO IN THE MATTER OP PANZA CONSTRUCTION PTE LTD f N MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary Qanaral Meeting d tha Members d PANZA CONSTRUCTION PTE LTD duly convened and held at 00 Albert Straat
      771 words
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      Page 24 Advertisements Column 2
      5 24 Chartpoint in BT every Saturday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1004 25 cny ra«M ETA FHM ETD Afe« MMW GA895 1235 GA974 0001 GA886 0010 AMaMa QF81 2000 QF82 2200 SQ227 2245 1—twin GA895 1235 SQ24 2200 KL837 1255 KL838 2240 JUlNM 0A471 0020 0A472 2240 SQ35 1710 ftacH—d NZ21 1820 NZ22 1930 SQ388 2030 ■■■iir Sari SQ181
    1,004 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Old relics make way for new airport
      656 25  -  POSTCARD FROM HONGKONG By Kathy Chen THE OLD MEN digging under the summer sun on Chep Lap Kok presented a timeless image of the typical Asian farmer. But time was playing tricks the old men were actually unearthing artifacts thousands of years old,
      656 words
    • Article
      MONEY CHANGER RATES
      150 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3441 1.3SS Canadian dollar 1.4858 1.5083 NZ dollar 0.981 0.9960 Sterling pound 2.9414 2.965 US dollar 1.7220 1.7260 Local dollars to 100 suits of foreign currency Austrian schilling 14.14 14.35
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      177 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Aug 6-9 IV Jewellery Buenos Aires, Rocsi Heinlein $*****-9413 Aug 26-30 National Buenos Aires Camaras de *****4337 International Aiyentina Asociados SA International Sheraton Empresas de Exhibition Exhibition of Hotel Software y Aug 18-20 International Germany Mode Woche-
      177 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      56 25 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT. Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We
      56 words
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      Page 25 Advertisements Column 2
      138 25 I UR I LIVING ITgft EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      138 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      305 25 1 Aware that nothing is miss--5 They have America (6) 3 9 One animal worker in the circvis is fascinating 1 j^H 10 Custodial release that Vv pHI granted by Scottish magis- I I j 12 Artillery enemy cap- tive with hesitation (4-5) JHft 13 Quintet comes in to dance
      305 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      196 25 Singapore Outlook: Showers ow a few areas in the afternoon. Report Maximum temperature 32.5* C Assoc humidity 60% Minimum temperature 25.8* C Assoc humidity 87% Hours of sunshine 6.25 Rainfall in mm 1.0 Rainfall this month 7.5 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Rain
      196 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      18 25 SSpEH3S22I i we^eTneße....' Postcard r«o m to*dy n Tue.n«jws qjbmuzA ngir f 8404 BMMM STANDARD CO. Life, IM3-IMI
      18 words
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  • Article
    Tougher share disclosure rules in HK from Sep 2
    398 26  -  Part of reforms proposed after '87 market crash From Catherine Ong in HONGKONG COME Sep 2, substantial shareholders, directors and chief executives of all listed companies in Hongkong will have their share dealings put under public scrutiny. That is the date
    398 words
  • Article
    Too early to predict HK's political climate: Sir Piers
    348 26  -  From Catherine Ong in HONGKONG HONGKONG'S Financial Secretary Sir Piers Jacobs has said it is too early to assume that the territory's political climate will become more subdued, like Singapore's, in the run-up to 1997. Although he accepts as valid the
    348 words
  • Article
    Lock icon Ex-Peruvian president denies wrong-doing
    376 26 The BCCI collapse Agencies ACCUSATIONS of massive international fraud in the Bank of Credit and Commerce International scandal haunted the halls of government yesterday, with former Peruvian president Alan Garcia denying wrong-doing and British authorities reportedly raiding the house of the bank's founder. Fallout from the
    Agencies  -  376 words
  • Article, Illustration
    Lock icon EC ministers discuss Yugoslav crisis
    354 26 Reuter THE HAGUE European Community foreign ministers began an emergency meeting yesterday to discuss fresh initiatives to resolve the Yugoslav crisis following the collapse of an EC peace mission over the weekend. The ministers are thought to be considering a range of options, including economic
    Reuter  -  354 words
  • Article
    Lock icon Soviets plan big conversion programme
    213 26 Reuter MOSCOW The Soviet Union, desperate to convert its defence industry into a cost-effective business, is looking at producing other goods from colour television sets to "anti-meteorite" missile defences. Mapping out an ambitious programme yesterday, First Deputy Prime Minister Vladimir Shcherbakov told Tass news agency
    Reuter  -  213 words
  • Article
    Lock icon Arafat vows to stand firm on issue of Palestinian delegation
    259 26 Reuter TUNIS PLO leader Yasser Arafat yesterday vowed that he would not capitulate on US and Israeli conditions over Palestinian representation at a planned Middle East peace conference as US Secretary of State James Baker wound up a five-day swing
    Reuter  -  259 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      248 26 in I IN/11—1EEE EEES CH I—HI The Richness Ot Leather Handmade To Perfection. Breakthrough in g?te wbL WavelessWaterbeds. r l[ The truth about most conventional beds is, r they don't give you the proper spinal f support your body requires for a restful and relaxing sleep. But with an Aquapaedic
      248 words
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      Page 26 Advertisements Column 2
      8 26 Sir Piers Jacobs: HK's favourite scapegoat, Pg 9
      8 words
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      Page 26 Advertisements Column 3
      213 26 fVUZHF^EEESCIl —II The Richness Of Leather Handmade To Perfection EP A Feast That's Out Of This World, PPfe Need Not Cost The Earth. BBgMjj FOUR-VARIETY HORSD'OEUVRE ASSORTED COLD DISH FIVE COMBINATION COLD DISH SUPERIOR SHARKSFIN WITH BRAISED SUPERIOR SHARKSFIN TEOCHEW BRAISED SHARKSFIN ■Idm' jyra&l ABALONE SUPREME ROAST SUCKIJNCPICLn DEEP FRIED
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      Page 26 Advertisements Column 4
      6 26 Focus, Pg 14 Editorial, Pg 8
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  • Shipping Times
    • Article, Illustration
      Nortrans adds another to its fleet
      245 27  -  By Rahita Elias NORTRANS Shipping and Trading Far East, the Far East division of the Norway's Seatrans group, recently welcomed another addition to its fleet a 3,000 deadweight barge by Tanoto Shipyard. Speaking after the christening ceremony earlier this month, the company's managing director,
      245 words
    • Article
      Lock icon Stowage bins need refitting: Boeing
      152 27 Reuter SEATTLE The Boeing Co said it told customers that stowage bins on 1,407 of its 737 and 757 aircraft do not meet Federal Aviation Administration standards and will need to be refitted. The action affects all Boeing 757 passenger jets, along with its 737-500,
      Reuter  -  152 words
    • Article
      Shipping line group revises freight rates
      298 27  -  By Dexter Lee THE TRANSPACIFIC Westbound Rate Agreement (TWRA) will extend its com-modity-specific freight rate increase programme with fresh hikes from Sept 1. This programme, which started in January, is part of the shipping line group's 1991 rate restoration plan. Most of the freight
      298 words
    • Article
      Lock icon Air India posts highest profit ever
      210 27 NYT NEW DELHI Air India, the government's international carrier, said on Monday that it had a profit in the 1990-91 fiscal year of U5542.7 million (5575.2 million), the highest in its history. The company's acting chairman, Subhash Gupte, said the profit was 14.6 per
      NYT  -  210 words
    • Article
      INDEX TO ADVERTISERS
      1240 27 Page Col ABC Containcriine 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3i 1/2 APL 5 3 A.P.C. Lines 13 5 A cWare housing 15 4 Arrow Int 9 4
      1,240 words
    • Article
      Meng Horng ship held in Chittagong: talks start
      319 27  -  By Magdalene Phang SINGAPORE-BASED Meng Horng Shipping and the Bangladeshi government started negotiations yesterday for the release of the line's impounded vessel in Chittagong. A Reuters report published on Monday quoted a Bangladeshi navy official as saying: "The 10,000 tonne vessel Fong
      319 words
    • Article
      Lock icon Delta, Pan Am ask for quick approval of route transfers
      302 27 UPI ATLANTA Delta Air Lines said on Monday it has joined Pan Am Corp in filing an application with the US Department of transportation requesting quick approval for a transfer to Delta of most of Pan Am's transatlantic routes. The
      UPI  -  302 words
    • NEWS SUMMARY
      • Article
        English language bridge to open Soviet sky
        39 27 WITH an eye on new Soviet air routes, US airlines have come up with the idea of teaching English to Soviet controllers as a key step to opening Soviet airspace Page 2
        39 words
      • Article
        Icahn strikes deal with TWA senior bondholders
        39 27 CARL Icahn, the chairman of Trans World Airlines, reached an agreement on Monday with his company's senior bondholders that paves the way for them eventually to be repaid in full Back Page
        39 words
      • Article
        Sales of US-made vehicles drop
        47 27 SALES of cars and trucks made in North America fell 9.2 per cent in late July, but analysts, dealers and industry executives continued to express optimism on Monday that the market for new vehicles was climbing out of a recessionary trough BackPage
        47 words
      • Article
        Peugeot quits US market
        22 27 AFTER five years of steadily dwindling sales in the US, Peugeot SA is calling it quits Back Page
        22 words
      • Article
        Airline denies seat to disabled officials
        52 27 IN an act that has outraged some advocates for the disabled, a commuter airline affiliated with Northwest Airlines, refused to allow the head of a White House Committee on the Disabled and his assistant aboard a flight on Saturday because both were in wheelchairs
        52 words
    • LOG BOOK
      • Article
        Improved helicopters for Japan's Defence Agency
        74 28 TOKYO Fuji Heavy Industries Ltd will start production of an improved version of its HUIH helicopter next year for supplying to the Defence Agency, Fuji managing director Kazuo Matsuzaki said. The agency plans to introduce about 80 of the helicopters over five years beginning
        74 words
      • Article
        Sixt to maintain same dividend
        62 28 MUNICH Germany's second largest rental car agency Sixt AG said positive business developments in the first six months should allow it to maintain an unchanged dividend payout for the full 1991 year. Sixt management board chairman Erich Sixt told the annual meeting that group rental
        62 words
      • Article
        Air Inter, Caravelle part ways
        45 28 PARIS France's main domestic airline Air Inter used a Caravelle, the first commercial twin-jet, for the last time on Saturday. A Caravelle Super 12 made a final Air Inter flight from the western city of Nantes, in Britany, to Paris.
        45 words
      • Article
        Subaru introduces luxury coupe
        80 28 TOKYO Fuji Heavy Industries Ltd's Subaru car unit will introduce the luxury two-door coupe SVX, a sporty 3.3-litre successor to the existing Alcyone model, in the US early this month, managing director Kazuo Matsuzaki said. "We hope to boost US sales to a total 12,000 cars
        80 words
      • Article
        Ford Australia lays off 550
        104 28 VICTORIA, Australia Ford Motor Co of Australia said it would make 550 people redundant from its car plants here due to a sharp downturn in sales of its Capri sports car in Australia and the US. Ford Australia would cut production of Capris for export
        104 words
      • Article
        Volvo sales in US down
        75 28 STOCKHOLM Swedish vehicle maker AB Volvo said its car sales on the US market in July fell to 5,675 cars, 24 per cent below the same month last year. Company spokesman Olle Boethius said sales so far in the year had declined 20.4 per cent
        75 words
      • Article
        US$258m pipeline deal
        60 28 HOUSTON Enron Corp's Transwestern Pipeline Co unit said that the Federal Energy Regulatory Commission approved its plans to build 52 million cubic metre per day of pipeline from the San Juan Basin at the cost of US$93 million (SSI6I million), and to expand its mainline system by
        60 words
    • Article, Illustration
      Lock icon The English language bridge to an open Soviet sky
      938 28  -  With an eye on new Soviet air routes, US airlines have come up with the idea of teaching English to Soviet controllers as a key step to opening Soviet airspace. Jeff Berliner reports on future prospects Jeff Berliner UPI TWO DOZEN
      UPI  -  938 words
    • Article
      DAILY FREIGHTS
      575 28 DRY CARGO freight futures drifted lower, continuing the recent bearish trend, brokers said. "The nearby position is still weak but the market may be starting to bottom out," a broker said. The Baltic Freight Index was down six points at 1,436, after falling 18 points on Friday. Futures
      575 words
    • Article
      WEEKLY FREIGHTS
      481 28 FREIGHT rates continued to fall over the past week, on reports of increased vessel availability in the Far East, brokers said. The Baltic Freight Index lost 56 points on the Baltic International Freight Futures Exchange (BIFFEX), finishing the week at 1,442 points. Overall sentiment remained bullish, as the
      481 words
    • Article
      THE SHIPPING GUIDE
      9767 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,767 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        501 43 Vot Wo toth Vmal Papytirt Vtssd Voy No Bortb Vnvi Dfpartue Marina Terminal 1 Pl0neer Runn 31 soi 0608/1200 0608/1600 Batam Baru B81 M04 atowsrfe 07 08/2300 Swen Gallant 08/91 S02 07 08/1800 0908/0800 Batam Mam *****1 M03 alongside 06.08/2300 Tndent 91 S03 06 08/1030 0708/0800 Bo
        501 words
      • Article
        CONTAINER SCHEDULE
        836 43 E 3 2 T mSKIiM'I Ship Voy No Etb/Btr R P ecord eriod Bookinc/Babnc From To Rsfo From ACX Rose 17A 07/1930 06/1500 06/1659 06/1900 Agostm Neto W-2ADO 08/0900 06/1700 07/1200 07/0659 07/1459 07/0900 07/1700 An Adelaide ***** 08/2100 06/1500 07/0700 07/1200 06/1659 07/1159 07/1459 06/1900 07/1400 07/1700
        836 words
    • Article, Illustration
      Lock icon Icahn strikes deal with TWA senior bondholders
      343 44 NYT NEW YORK Carl Icahn, the chairman of Trans World Airlines, reached an agreement on Monday with his company's senior bondholders that paves the way for them eventually to be repaid in full. The move ties a loose end in the deal that
      NYT  -  343 words
    • Article
      Lock icon Sales of US-made vehicles drop
      470 44 Hopes of a recovery are high, however NYT NEW YORK Sales of cars and trucks made in North America fell 9.2 per cent in late July, but analysts, dealers and industry executives continued to express optimism on Monday that the market for new vehicles was
      NYT  -  470 words
    • Article
      Lock icon Peugeot to stop producing for the US market
      228 44 NYT NEW YORK After five years of steadily dwindling sales in the US, Peugeot SA is calling it quits. The French company, which manufactures Peugeots and Citroens, has sent a letter, scheduled to arrive yesterday, to its 151 American franchisees, telling them
      NYT  -  228 words
    • Article
      Lock icon Airline denies seat to disabled officials
      504 44 NYT WASHINGTON In an act that has outraged some advocates for the disabled, a commutcr airline affiliated with Northwest Airlines, refused to allow the head of a White House Committee on the Disabled and his assistant aboard a flight on Saturday bccausc both were
      NYT  -  504 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      29 27 Lines and services represented by Menv I bers of the Registry of Accredited Shipping;* JrWrntAl Agents, Singapore National Shipping Associabon. j For advertising enquiries, contact Shipping Times: Tel 740-20X9/74(1-2090
      29 words
    • Advertisement
      Page 27 Advertisements Column 2
      242 27 SINGAPORE'S NEW FORCE IN VESSEL MAIN! [NANCE UNDERWATER PTE. LTD. Tel: ***** il Tne Spccwi'*:- 662 4711 underwater 1 Cootaner SdwMe V My Froghfc It Mb to Mvertaere 1 Shppnt Gude 1011 SNs m Port 'W Singapore Tries IT Transport Dory i Weather and Saa Condrtons W Weekly Freights 2
      242 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      171 28 J EXCEL-NA UTILUS f SINGAPORE (1990) PTE LTD J 1= EXCEL-NAUTILUS SINGAPORE (1990) PTE LTD (Formerly Metro-Nautilus (Singapore) Pte Ltd) IMPORTERS-EXPORTERS-SHIP PROVIDORS CHANDLERS It has come to our knowledge that copies of a certain letter containing defamatory statements against us, are being circulated and published maliciously by certain parties. We
      171 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2387 29 TEL: *****11 FAX: *****09 \lllfr BOOKINGS TEL: *****34 320Q258 *****111 W TERMINAUCFS TEL *****18 220 H CCQfiS 'l PESAKA JAROINE SHIPPING AGENCIES SDN. BHD VA*# J PORT KELANG TEL: *****18 FAX *****91/*****88 PENANG TEL *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh tel *****3/4fax:*****6 PETT-mrh P GUOANG
      2,387 words
    • Advertisement
      Page 29 Advertisements Column 2
      2069 29 TRANSPORT DIARY Aug 8 (12.15pm): Luncheon Talk by Mr Frederick Tsao, Managing Director of International Maritime Carriers Group of Companies. Organised by The Institute of Chartered Shipbrokers (Singapore Branch) at World Trade Centre Club. For further information, tel: 227-7990, 225-7388 or fax: 225-7638. Aug 13-14: Seminar on Shipping and Air
      2,069 words
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      Page 29 Advertisements Column 3
      1634 29 ■QEQisaaaa TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS v«m Voy ETA I ETO 'Port •Penang T DESTINATIONS Singapore Kelang Th« M MatMKM Mwit «ioe Fmw by K2&3&HMX39EX22EE£3£&9BI9^^I33ZfIHii is/8 0800 hrs m Pinto WKM HW CfS 12/8 2358 HRS OAK LOB HOU MEM ATL MIA CHS BAL PHL
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      1198 30 Irottedam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ELBE 06/131 8/8 31/8 27/8 26/8 LEVERKUSEN EXPRESS 02/331 12/8 29/8 31/8 3/9 4/9 t9*S=9Sl LONDON EXPRESS 03/132 15/8 6/9 3/9 2/9 1. ALL WESTBOUND P KITANO 09/332 18/8 4/9 6/9 9/9 10/9 KiUMSPfNANG CARCC HAMBURG EXPRESS 04/133 22/8 14/9
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      Page 30 Advertisements Column 2
      675 30 SEASPAC SERVICE DIRECT SOUTH PACftC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2509E8 2/9 18/9 21/9 26/9 ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA 8 NUKUALOAfA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF STO VAP CLX IS LA FLOREANA 2509E8 2/9 9/10 10/10 13/10 15/10
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      Page 30 Advertisements Column 3
      1631 30 BrlsraßUM»£ REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND F6R EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (MA (VIA NORASIA PEARL 9122-3 12/08 03/09 04 09 07/09 08?09 09/09 10/09 11/09 12/09 NORASIA PROCESS 9123-3 lt/01 00/09 11/09 13/09 14/09 15/09 16/09 17/09 11/09 JAPAN-SEA 124W 23/01
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      2189 31 SjgSteamers Maritime Holdings Ltd mm STRAITS SHIPPING wsk Containers ggsr^a *•7 Pe»/+PW S port M| S« W M Hbi LEBE MAERSK 9110 03/01 05/08 01/01 22/01 IS/OR 0« 21/0* *CCEPTS DUE SALS PORHSU.AR SAY 0544 03/0« CS/0« 11/0« 21/01 29/08 31/01 C LMOOE wan sua 10/0112/00 14/00 29/00 01/09 02/09
      2,189 words
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      Page 31 Advertisements Column 2
      1815 31 Dear Customers, Business Associates And Friends, Kindly Note That WE'VE MOVED TO #13-01/04 BANGKOK BANK BUILDING 180, CECIL STREET SINGAPORE 0106 TEL: *****12 TLX: RS ***** CYSIN FAX: *****33 fe& FL SHIPPING PTE LTDI^Sd Tel: *****77 (12 Linos) Tlx: RS ***** FLCONTR Fax: *****56 1 70 SHENTON WAY #04-028 MARINA
      1,815 words
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      Page 31 Advertisements Column 3
      400 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel Ivor Isp pi [*uc To COSMK OWZOBB 1 19/1 cossc rocEi is "ac IFpt "II OK/INGE OCUN 102 ITPT 7/5 1 AMBALOII 7/5 cosnc master 1 i/5 "ToTi SONBAI 1 "u/i M auto li "ii/i "ii/i TAMUNC EMAS "l 7
      400 words
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      535 32 9B CR NBR **********0-D EXPRESS SEMI-CONTAINERS HIP SERVICE TO EUROPE W./VW IrroK mmm/nmm h-buk kemeji wt**p mmn/im s/i 7 n 13/9 17/9 20/9 KVTN/23N8 l/> J/10 15/10 19/10 22/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Su6|«ct lo Inducement. Also accepting cargo to Casablanca. Port BaM, Port Alexandria. Genoa, Trteete
      535 words
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      Page 32 Advertisements Column 2
      988 32 9* i€| V HANJIN SHIPPING I S'port LEN RTM ANR HAM BBV FEL FEEDER VSL SIN LME HAUL LGB OAK I ■HANJM FELIXSTOWE OOSW 9/8 24/8 25/8 26/8 26/8 27/8 28/8 j HANJIN OAKLAND 014E 16/8 DftECT 6/9 9/9 ■HANJM SEATTLE 019* 11/8 29/8 30/8 31/8 31/8 2/9 3/9 HANJIN
      988 words
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      Page 32 Advertisements Column 3
      65 32 WKA UK fVI«0«. WiTH SOUTH MOM. WCPC MB OdtH VESSELS AVAILABLE FOR SALT7CHIfiTER7TWARSRiPMfeNT song thao -k> dm hwnh/tutkSWN TrnaSr SSwa»/calcutta/c«tt*oono/»umooon mii "AARON r BKK/SATTAHP/VUWOTAU/PHNOM PEMH WS/tl -A VESSEL" C0L0*»0/D0BA1/DAMMAN/KUWAIT -A VBL- JEDOAM/MOOCIOAM/ AO ABA T/V9l ■Q SERAYA" _SM BATAM WEEKLY SERVICES TMC SHIPPING/A AARON ORIENT LINES Tel: *****11 TU: Rs
      65 words
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      Page 32 Advertisements Column 4
      1299 32 *F*m-=m -i -ijrmTM: f -1--V A J V I J 1 I k I M M 1 w I mm 1 k i I I J I -I i IFKI SGP W6 *SG «LG fUS WT 0» «Y SOB TTO UU C* BAL MC UK IMf IU W MG HD
      1,299 words
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      Page 33 Advertisements Column 1
      1935 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 fiß #Kr NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-(03)
      1,935 words
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      Page 33 Advertisements Column 2
      1044 33 m 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—OBCHARONG WESTBOUND—LOADW6 TKAtCHTfED VM ROTTBPAH oratii vor li EQS wot
      1,044 words
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      Page 34 Advertisements Column 1
      1583 34 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) v mmm v TEL. *****77 TELEX: KAWAKIRS23I6S FAX: *****79 fVI M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD MTi TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76. *****77.
      1,583 words
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      Page 34 Advertisements Column 2
      1138 34 gs PHILI-Oftl€NT UN€S PT€ LTD I 108 Robinson Road #07-00 GMG Building Singapore 0106 jyjM Tal: *****22/*****69/*****00 Taiax: RS ***** PHILI FAX: *****76/***** M BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU ffg (i3S MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 1 13 AUG MONTREAL. OnAWA, TORONTO,
      1,138 words
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      Page 35 Advertisements Column 1
      1504 35 aSBS?"ff PACIFIC INTERNATIONAL LINES (PTE) LTD mm m ml BMWF P* L Building, 140 Cecil Street 003-00, Singapore 0106. JAKARTA" l VESSEL VOY SIN JKT SIN VESSEL VOY BIN IKK SIN EQUATOR MAS 14N S/S 11/S 18/8 KOTA PAHLAWAN 9129 S/S 12/1 IS/S SUNQA TERATAI 323 11/S 13/S IS/S P
      1,504 words
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      Page 35 Advertisements Column 2
      696 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS. SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon' 268 9/8 26/8 27/8 29/8 30/8 jutlarjia+ 266 12/8 31/8 1/9 Z Arosta 278 15/8 31/8 1/9
      696 words
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      Page 35 Advertisements Column 3
      771 35 M MYANMA FIVE STAR UNE (Myanmar National LiM) Loading for Yangon (Rangoon) S'pora P.Klf Pan P.Gdf MYOMA TWA VIMM to ft MERGU VIOBW 1/10 Au( km a»a vi low u/is km 10/23 a* HPA-AN VICSW 19/22 Au( BANK LINE (Atervlceof Andrew Wek Shipping) VI SEMI-CONTAINER SERVICE M HEAVY LIFT CAPABILITY
      771 words
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      Page 38 Advertisements Column 1
      696 38 TO AUSTRALIA/NEW ZEALAND |Frei» |IM |Srtf Audi |WC |P. 5S MARTHA I ITS 14/1 M/l IS/I wi J/i~ 5/5 tu« wnw 27« "»75 1/5 v5~~ n/» u/» u/» 1575 brusso. i 77 T575 i 7/» a/5 m/ 5 i/ii 175 375 c. vooimi 279 1575 i 715" 7/u u/io TiTTT
      696 words
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      Page 38 Advertisements Column 2
      774 38 Eiroin to hongkong, rumwi i japan I OUTBOUND VOY PKL PEN «T SN It. HK6 KHH Kg TYO SMI NCO HQS VESSEL VOY |SM |PKL PEN BIN SM TW CHORUS 228 "5 8 6.1 9J 15.8 281 21.8 22.8 EQUATOR PRPt 48 BJ~ >J 18J ACI ROSE 178 *9.8 81
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      Page 38 Advertisements Column 3
      184 38 PERUSAHAAN PELAV~AKAff^ i\m KALIMANTAN i Y DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK J Vessel ETA/ETD DESTINATION i NIAQA XXI Voy 17/91 7/8 Au Jikarta/Pdembanc I NIAGA XXI Voy 11/91 12/13 Au| Jikarta/Paien*«i( l 1 NIAGA 42 Voy 13/91 15/16 Au( Jaksrta/Palembani I NIAGA XXI Voy 11/91 19/20 Au| Jakarta/Palembani
      184 words
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      Page 38 Advertisements Column 4
      1560 38 CHIN* OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MMinu'S agents: SINGAPORE'S GENERAL AGENTS »coiews menu CHUNG CHIAO SHAPING SON BHD COSTAR SHIPPING PTE LTD P-T- GLOBAL PUTRA Itt TBj ******1/17 F/UL *****91 ***** UARITIMF P. WANG TEL *****M/I TU MA ***** KTm 3617 M POttUG -IE (***** TUL MA *****
      1,560 words
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      Page 39 Advertisements Column 1
      591 39 Bgmiiiaa GUARANTEED CONSOL TO:KEELUNC/KAOHSIUNG 11.8.91 HONG KONG 11.g.91 BUSAN 11.g.91 BANGKOK 11.8.91 EUROPE 11.8.91 TOKYO/KOBE/YOKOHAMA 11.8.91 USA 11.8.91 AUCKLAND 23.8.91 FREMANTIE 14.8.91 SYDNEY/MELBOURNE 15.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE S3O-0155 8 LINES) FAX: *****92 PLEASE CONTACT CAME TAN, KATHLYN TAY, SOPHIA BAY Off KAREN SIM FAST DRECT REGULAR
      591 words
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      Page 39 Advertisements Column 2
      479 39 WMCHFIELD MARINE AGENCIES |S) PTE LTD TEL: *****33 (12 Unn) m F AX: *****15/*****03 ICXIj TELEX: RS ***** RISHIP (3 Llnoo) ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOADING FOR SPORE ANOtNTT 24W8 20/08 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 26W8 20/0®
      479 words
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      Page 39 Advertisements Column 3
      916 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA STORE PORT KELANG rOUNG BUJI lAOE 20/8 loading tor Male SHftAI HUDHU 21/S Loading lor Calcutta DCLfW 18/8 loadwg For Male men sunt mi 12/1 Loading For Male DONAKU.M 8/8 Loaded For Fdiwaru PTCGRESS l»n lt/8 13/8 12/8 Loadini
      916 words
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      Page 39 Advertisements Column 4
      820 39 JAKARTA I""* f m m IfiWß l»w mmm mmm.. AM DASA 6 M In Pt 10/8 CHAIYA BHUM#' 18N Tlx 8/8 fat 11/8 H NANA BHUM 103S 10/8 13/8 NANTA BHUM 52N Thy 8/8 Sal 11/1 p DASA C (1 MAHA BHUM# 88N Sim 12/8 Wd 14/8 j| NANA BHUH
      820 words
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      Page 40 Advertisements Column 1
      1034 40 MAC-NELS S'PORE MPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KIC (088) *****0 MEDAN: (061)*****2 I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UttSCAN/MEPPORTS jC&J&MB»S. AFRICA SIN PK S,N Colombo 8/8 9/8 10/8 10/8 11/8 12/8 Ldn/Fli/Rdm/Ant Durbin/Pt Louis 9/8 10/8 11/8 7/8 8/8
      1,034 words
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      Page 40 Advertisements Column 2
      396 40 jtefe bluc star l|ne TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm in mi m sin MUlfltM 22S 11/t 21/1 VIA 23/» J/S 2525, 0 27/9 >0/' 27/S PfOSPtCT I4S «/J 20/J VM NPt 22/J FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH
      396 words
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      Page 40 Advertisements Column 3
      1187 40 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0116 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVEMTIONAL/COHTAIMEB I CONTAINER MEVICKa SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL m ET* lEST VESSEL »QT SfOtE P.
      1,187 words
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      Page 41 Advertisements Column 1
      746 41 OE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO, MATARAM, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOOE ON CPV THROUGH BILL OF LADING. Pennit* f KKw| Support EMm KMABCVERETT PTS/09 Aug 12/13 »u| JOHNEVEtETT 12/13 Au, SHWIAEVEKTT 01/02 S«pt 03/05 Sapt We\ "EVERETT ORIENT LINE" JAPAN/BAY OF
      746 words
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      Page 41 Advertisements Column 2
      521 41 —I vsl voT store tonia [lax 5t luv Inyc ton m TVCSTI 1311 14/t m KOREA 18/J 18/9 22/9 24/9 28/9 ZM EUt 85E 14/1 2M KOREA 18/9 1»/» 22/1 24/8 24/* LEEWARO 20/1 M HONGKONG 21/1 38/8 4/1* 4/11 8/18 m 08AKA IK 27/1 Bfl KEQJJNG 2/11 11/1* IJ/10
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      Page 41 Advertisements Column 3
      568 41 MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH. DOHA. MUSCAT BAHRAM. ABU OMABt. BANDAR ABBAS JtDOAH FAR EAST accepting fcl/lcl PENANG. P/KELANG, JAKARTA, BANGKOK. HONG KONG TAIWAN lAPAN. MANIA. KOREA UK/EUROPE ACCEPTINQ FCL/LCL LONDON, FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG COPENHAGEN 4 ALL OTHER EUROPEAN PORTS INDIAN
      568 words
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      Page 41 Advertisements Column 4
      552 41 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBV PRASETIA 187 A 08/08 11/08 PELOPOR 1000 10/08 13/08 DERAJAT 949 13/08 16/08 PRASETIA 189 A 15/08 18/08 TANTO UTAMA 183 08/08 11/08 TANTO UTAMA 185 16/08 19/08 TANTO UTAMA 187 24/08 27/08 TANTO
      552 words
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      Page 41 Advertisements Column 5
      402 41 SW FAI EAST 8/8 KEELUNG/KAOHSIUNG 11/8 BANGKOK 11/8 MANILA/CEBU 11 /8 JAKARTA/BELAWAN/SURABAYA 11/8 PORT KELANG/PENANG/E. Malaysia 11/8 BUSAN 12/8 TOKYO/YOKO/KOBE/NGO/OSA 11/8 HONG KONG SIN CHtHA 11/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUIOPE/UK 8/8 LDN/FLX/LVP/SOU 8/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA CAW
      402 words
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      Page 42 Advertisements Column 1
      654 42 F/L Container Services Pie Ltd J? IHt TOTAL SERVICES NVOCC MADRAS CALCUTTA VBL VOY StNGAPORE/MADRAS/SINGAPORE V3L VOY 3INGAPORE/CALCUTT A/SINGAPORE VESSEL VOY S»i MAA SM VESSEL VOY SIN CAL SM ■KIT AVAILABLE 03-04/01 10-12/08 11-18/08 NEXT AVAILABLE SLD 03-07/08 13-14/08 09 09/08 15-17/08 23-24/08 07-08/08 14-18/08 24 25/08 11-12/08 20-21/08 27-28/08
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      Page 42 Advertisements Column 2
      547 42 CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 11 AUG ALSO ACCEPTING CARGOES TOPORT VESSEL ETA NEXT BANGKOK CONTERM P PROGRESS 13/1 20/1 JAKARTA CONTERM EDEN 13/S 20/8 PENANG CONTERM A BHUM 11/1 11/S PORT KELANG CONTERM SEROJA 10/8 17/t EUROPE CONTERM MASAN 11/S 11/ l AUCKLAND CONTERM MULBERA
      547 words
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      Page 42 Advertisements Column 3
      469 42 CUJI con-wnv inrEßmopf)l\ LCL/FCL SERVICE FROM jIT/ i I litti fc I I I H 1 I IAI 1 1 (f| M fIHHI W CUM ®*or roUoblo LCtf CL oorvlooo. General Agantt: 7&WTZAW/C Af/) PENANG KL: allied-link SINGAPORE: Sagjr 0******2 *****8955 778 6522(22 LINES) (SEES Marina Ofifl Susan Ng/Phllip Kaa
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      Page 42 Advertisements Column 4
      400 42 MANILA ETA VIGOUR SINGAPORE 6NB 10/8 VIGOUR PACIFIC 43N8 17/8 BANGKOK 10/8 17/8 BUSAN 13/8 18/8 HONGKONG 13/8 22/8 DURBAN/PT LOUIS 15/8 27/8 KEELUNC 8/8 13/8 USA 12/8 19/8 PT. KEUWG 9/8 12/8 KOBE 12/8 19/8 PIRAEUS 8/8 19/8 OSAKA U/8 21/8 JAKARTA 12/8 15/8 SURABAYA 9/8 12/8 IK CHINESE-POLISH
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      Page 43 Advertisements Column 1
      353 43 vO c vCZ>c vO c vCZ>c vCZ> c vOcvQc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > r) VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIDATOR WITH WORLDWIDE NETWORK V J Weekly FCULCL Services To/From V J > USA EUROPE FAR EAST V Baltlmore:Votainer Consolidation Services Hamburg: Van Ommeren Hamburg
      353 words
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      Page 43 Advertisements Column 2
      640 43 J. Nedllovd NEDLLOYD Will BE WITH YOU T NedlloydLines 1982 FOR EUROPE/MEDITERRANEAN 1 NEW ZEALAND/Flll 1 VESSEL At PK| fin *Skk Sin S'biyi Auckland Fiji(A) N.Plymouth(A) Timaru LyttMton(B) Oumdn(B) Napwr Weftngton(C) Tauranga N Rochester'9ll9 10/8 12/8 11/8 11/8 14/8 17/8 30/8 11/9 1/9 2/9 3/9 3/9 4/9 5/9 6/9 N
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      289 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOllt 0000 01M 0200 0300 0400 0500 MOO 0700 0100 om **********« **********001M1700 ISO! ISM 20N MOO 2200 2300 JR 1.2 09 0.7 06 07 09 1.2 L 5 1.8 2.0 2.0 1.8 16 14 1.3 1.3 1.4 1.7 2.1 2.5 2.8
      289 words
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      Page 44 Advertisements Column 1
      828 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER WT HI MtE ISW Lit HAU. WY Ujl OAK «A UNI HAUL DOT TCM/SEA PTI NAN HAI 203 017 05/00 M/Ot 00/00 LAI MOM 42E 02/ M 05/09 10/ M
      828 words
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      Page 44 Advertisements Column 2
      158 44 PASIR GUDANG/SINGAPORE TWICE WEEKLY SAVINGS fTUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 023S 09/8 10/8 024S 12/8 13/8 025S 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 028$ 26/8 27/8 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02)534-0042 A V i WV A m w A vmw m r» DAMAR
      158 words
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      Page 44 Advertisements Column 3
      450 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) ll** |rr« KMC IDMt in MM. IMMh an H/11l 7/1 11/1 27/1 U/l UMa :tt Mm* hmtmtm. o*. MM< mown EVKS C/Ul U/l l 11/1 1/1 4 1 :I* taw KfTTTIT^I loum onra n/i» u/i i/i t/i i/i tun »u t*«w tmm
      450 words