The Business Times, 27 August 1991

Microfilm: NL17608
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Tuesday, August 27, 1991 75*
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  • NEWS SUMMARY
    • Article
      Malaysia's 1991 real GDP may fall to 8.3pc
      75 1 KUALA LUMPUR Malaysia's real gross domestic product (GDP) may exceed 8.3 per cent in 1991 against 10 per cent in 1990 but rising inflation and deteriorating balance of payments remain big headaches, the central bank said. The GDP is forecast to have
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    • Article
      US sales of previously owned homes fall
      57 1 WASHINGTON Sales of previously-owned US homes fell 6.7 per cent in July to a seasonally adjusted annual rate of 3.35 million units compared with June's level of 3.59 million, the National Association of Realtors said. The July pace was 0.9 per cent above
      57 words
    • Article
      Facelift for flagship
      24 1 OCEAN BUILDING, the 17-year-old flagship property of the Straits Steamship Land group, is to undergo a $10 million refurbishment Page 2
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    • Article
      Call to Indon Chinese
      32 1 INDONESIA'S wealthy ethnic Chinese community has been urged to form partnerships with local entrepreneurs in a move to narrow the growing gap between rich and poor Page 7
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    • Article
      Taipei move into M'sia
      31 1 TWO Taiwanese automotive parts manufacturers plan to invest at least Mssoo million (SS3IO million) each to produce vehicle components and accessories in Malaysia this year Page 7
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    • Article
      Triple blow for Seoul
      25 1 FEARS of an overheating economy have dealt a triple blow to South Korea's efforts to tackle its economic problems Page 9
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    • Article
      Bull looks ahead
      20 1 THE CHIEF strategist at Bull of France outlines the computer company's plans for the 1990s Page 13
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    • Article
      The real Richard
      26 1 DIEHARD royalists are adamant that the historical Richard 111 was different from the character in Shakespeare's play of the same name Page 17
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    • Article
      Thai move lauded
      29 1 SINGAPORE-BASED Abacus Distribution Systems has welcomed news that Thai Airways International has plans to become a partner in the computer reservation system. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      51 1 WALL STREET showed little change in early trading yesterday after last Friday's rise to record highs. The Dow Jones average of 30 industrials rose 7.16 points in the first halfhour but then dropped back to show a 2.01-point loss at 3,038.24 by 1430 GMT, one hour into the
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    • Article
      Scotts subscription
      12 1 SCOTTS HOLDINGS' share offer was 1.3 times subscribed Page 3
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    • Article
      Singatronics earnings
      26 1 SINGATRONICS Ltd has achieved a 14 per cent increase in group earnings to $3.78 million for the six months ended June 30 Page 3
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    • Article
      Harimau does well
      24 1 FIRST-HALF group after-tax profit at Harimau Investments Ltd soared 65.19 per cent to $944,000 from $426,000 a year earlier Page 3
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    • Article
      'Tile war' heats up
      28 1 THE "TILE WAR" between First Lepanto Ceramics, a Philippine-Singapore jointventure company, and Philip-pine-owned rival Mariwasa is getting more intense, say Manila brokers Page 4
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    • Article
      Bailout for Fokus
      32 1 THE NORWEGIAN State Bank Fund has stepped in to bail out Fokus Bank, the country's third largest commercial bank, with financing of 650 million crowns (Ssl64 million) Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Monday Change BT-MGA 670.21 -2.46 Kuala Lumpur ....541.74 -1.75 Tokyo 21,592.27 -473.07 Hongkong Gosed Sydney 1530.7 -10.5 Friday Change New York 3,040.25 32.87 London 2,640.70 +17.7
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    • Article
      CURRENCIES
      23 1 Exchange rates USS .J. SS 1.7245 100 Yen SS 1.2583 MS SS 0.6194 Money market rates Overnight 5-3/16% +1/16 3-month 5-1/4% +3/16
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    • Article
      COMMODITIES
      31 1 Rubber S'pore Sep 138.25'/kg +25 M'sia Sep 225.50*/kg unch KL Tin Turnover 74 tonnes -14 Spot MS15.16 /kg -0.17 Crude oalm oil Turnover 2.093 lots -760 Sep MS797 /tonne -12
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  • Article, Illustration
    Lock icon Trading blocs could destroy free trade, say experts
    440 1 NYT JACKSON HOLE, Wyoming In an unusually blunt discussion, economists and central bank officials from various countries expressed concern over the weekend that the regional trading blocs emerging in Europe, North America and Asia could eventually destroy the world's free-trade system. A
    NYT  -  440 words
  • Article
    Lock icon Gorbachev calls for early presidential, parliamentary polls
    386 1 Agencies MOSCOW Soviet President Mikhail Gorbachev, fighting for his political life, yesterday called for early presidential and parliamentary elections and indicated he agreed to separatist Soviet republics leaving the Union. In a 35-minute speech to the Soviet Parliament, he admitted a share of
    Agencies  -  386 words
  • Article
    Asia not expected to gain from failed Soviet coup
    561 1  -  Communism's collapse By Harish Mehta SINGAPORE The fallout of the failed coup in the Soviet Union does not bode well for Asian economies, which are now expected to be squeezed two ways: one by shrinking direct foreign investment, and the other
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  • Article
    SAE offering 30m shares
    359 1  -  By Selva Kumar SINGAPORE Singapore Automotive Engineering (SAE), the third Singapore Technologies company to seek a listing on the main board of the Singapore Stock Exchange this year, is offering 30 million shares with a par value of 25 cents at 1.20 a share. Of the
    359 words
  • Article
    Disk-drive industry likely to turn around next year: EDB
    478 1 SINGAPORE The important computer-disk-drive industry in Singapore faces harder times with a turnaround expected only in the first quarter of next year. This assessment of the disk-drive industry, which accounted for 7.5 per cent of Singapore's exports last year, was given
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      155 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 USE 21 Weather 27 Commodities 26 Money Changer Rates 27 World News 8.9 Company News 3.4,5 Money Market 25 For market indices, editorial, Cryptic Crossword 27 Regional News 7 advertising and circulation exEditorial 10 Regional Stock Markets 24 tensions, cat Business
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    • Advertisement
      Page 1 Advertisements Column 2
      25 1 Yeltsin saddled with great expectations, Pg 8 Editorial, Pg 10 SAE plans to expand commercial operations, Pg 3 General Election '91 reports on Pg 2
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    • Advertisement
      Page 1 Advertisements Column 3
      53 1 Nikon The World's Finest Photographic System. A pec to seek more liberalisation measures, Pg 9 E^™ ATE \e/ mu/t' de Ca Hie/ Boutique/ SINGAPORE #01-36. Lucky Plaza. 304 Orchard Road. Tel: *****27 #01-04, The Shopping Gallery, Hilton International Singapore. 581. Orchard Road. Tel: *****95 #01 -03, Palais Renaissance, 390 Orchard
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  • HOME NEWS
    • Article, Illustration
      Eunos results may decide future direction of S'pore politics: PM
      911 2  -  General Election '91 Reports by Yang Razali Kassim, Anna Teo, Shoeb Kagda, Genevieve Cua, Lilian Ang, Claire Leow, Schutz Lee HOW THE electorate votes in the hotly-contested Eunos GRC could determine the future direction of politics in Singapore, said Prime
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    • Article, Illustration
      Last chance to vote in strong Opposition, says SDP
      384 2 SINGAPORE Democratic Party candidates last night urged Singaporeans to vote in a strong Opposition now as it might be their "last chance" to do so. Party secretary-general Chiam See Tong, who is seeking to retain the Potong Pasir seat, and Ashleigh
      384 words
    • Article
      PKMS says it will speak up for nation's poor
      186 2 THE Singapore United Malay National Organisation (PKMS) will represent the country's underclass if elected to Parliament, according to its candidates at a rally last night. Speaking in Malay, PKMS president Sahid Sahooman said the party would struggle for the poor of
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    • Article, Illustration
      GRC scheme a ploy to keep Opposition out: WP
      332 2 WORKERS' PARTY candidate Low Thia Khiang last night called the government GRC system a ploy to get new PAP candidates into Parliament unopposed. He said the system has been effectively used by the PAP to deny the people a choice. Mr
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    • Article
      SJP questions Edusave, Medifund plans
      193 2 A SINGAPORE Justice Party's candidate has asked what would happen to Edusave and Medifund should economic growth fall short of the 5 to 7 per cent that Prime Minister Goh Chok Tong has said the Republic needs to accumulate sufficient reserves for the two programmes.
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    • Article, Illustration
      Ocean Building to get $10m facelift
      348 2  -  By Colin Tan OCEAN Building, the 17-year-old flagship property of the Straits Steamship Land (SSL) group, is to undergo a $10 million refurbishment to bring it up to the standard of the surrounding buildings in the area. Located in the prime financial district of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      210 2 STILLWATER RUNS DEEP Still waters run deep. A J and other essential minerals true description of Volvic. together form the balanced, From a spring half a mile neutral pH of Volvic. That's beneath the Auvergne mountains what makes Volvic light and in France, Volvic mineral water J** "1 refreshing to
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  • COMPANY NEWS 1
    • Article
      Scotts' share offer 1.3 times subscribed
      470 3  -  By Sylvia Wong SCOTTS HOLDINGS Ltd breathed a deep sigh of relief last night when its public offer closed with a subscription rate of 1.3 despite recent Soviet developments, a bearish market and a high price to earnings (P/E) ratio. Iqbal Jumabhoy, executive director
      470 words
    • Article, Illustration
      SAE to expand commercial operations to half of turnover
      399 3  -  Singapore Automotive Engineering By Selva Kumar DEFENCE-related Singapore Automotive Engineering Pte Ltd (SAE) plans to expand itk fast-growing commercial division's activities in the next few years. r Mr Lye Fei, general manager of SAE, said: "We see pptential in expanding our
      399 words
    • Article
      DBS Asset Mgt extends gains
      198 3 DBS CHARITY THE TOP two teams in the DBS Charity Investment Race did well last week, with runaway leader DBS Asset Management extending its lead again. The DBS team ended last Tuesday with an accumulated profit of $121,869, up from $113,030 from the week before.
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    • Article
      Harimau's interim leaps to $944,000
      241 3  -  By Quak Hiang Whai OCBC-LINKED Harimau Investments Ltd yesterday reported that group after-tax profit surged 121.6 per cent to $944,000 in the first half from $426,000 a year earlier, helped by writeback of a provision for an unrealised loss of $918,000 on the marketable securities
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    • Article
      KLSE raps Mechmar for improper disclosure
      326 3 THE Kuala Lumpur Stock Exchange has publicly reprimanded Mechmar Corporation (M) Bhd for improperly disclosing to the press information relating to its proposed acquisition of Relau Estates Sdn Bhd. In a statement yesterday, KISE executive chairman Nik Mohamed Din Nik Yusdff said material facts
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    • Article
      Singatronics earnings up 14pc at half time
      293 3  -  By William Chia SINGATRONICS Ltd has announced a 14 per cent increase in group earnings to $3.78 million for the six months ended June 30. The company, which released its unaudited interim results yesterday, said that group profit before tax improved by a
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    • Article
      Lock icon Maybank posts 20pc rise in group pre-tax profit
      207 3 Bernama KUALA LUMPUR Malayan Banking Berhad has reported a 20 per cent increase in its group pre-tax profit to M 5443.84 million (***** million) for the year ended June 30, from $370.58 million in the previous year. Group profit after taxation and
      Bernama  -  207 words
    • COMPANY BRIEFS
      • Article
        MMC and Petronas team up for gas project
        80 3 SINGAPORE MALAYSIAN Mining Corp Bhd (MMC) yesterday said that it has been selected by Petronas to be a joint venture partner for the natural gas distribution system in Peninsular Malaysia. The letter of intent for the agreement was signed on Aug 20.
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      • Article
        Listing of HLM called off
        40 3 KUALA LUMPUR The proposed restructuring and listing of Hong Leong Industries (HLI) subsidiary, Hong Leong Marketing (HLM), will not take place as HLI and parties involved in the proposed exercise have agreed not to proceed.
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      • Article
        Mun Loong profit soars
        67 3 KUALA LUMPUR Mun Loong has recorded a 38.98 per cent jump in group pre-tax profit to M$ 13.69 million (SSB.HB million) for the year ended March 31 on the back of a 9.37 per cent rise in turnover to M 5240.28 million. Mun Loong's directors yesterday
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      • Article
        Batu Lintang buys into 2 firms
        66 3 SINGAPORE BATU LINTANG Rubber Company Bhd will acquire the entire paid-up capital of Ausborn Sawmill Sdn Bhd and a 55 per cent stake in Bornion Sawmill Sdn Bhd. At the Batu Lintang extraordinary general meeting on Aug 19, the stockholders approved the acquisition of
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    • Article
      Lock icon MCB's focus to remain on property development
      197 3 Bernama KUALA LUMPUR MCB Holdings Bhd will continue to focus on its property development activities in the residential market as it sees demand for residential units growing steadily, executive director Stanley Tan Chuen Keat said yesterday. Mr Tan said MCB was concentrating on
      Bernama  -  197 words
    • COMPANY BRIEFS
      • Article
        Sumitomo Metal sales forecast
        104 4 TOKYO Sumitomo Metal Mining Co Ltd predicts it will have group sales of 120 billion yen (about SSI.S billion) from house construction in 10 years. Sumitomo sees construction and sales of high-quality houses as one of its main business areas in the future. It entered the
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      • Article
        Hyundai-Nintendo agreement
        64 4 TOKYO South Korea's Hyundai Electronics Industries Co Ltd will start assembling Nintendo Co Ltd video-game players. The decision comes after the Korean government imposed a ban on imports of finished video-game players in May, 1991. Hyundai will assemble 20,000 players a month. Nintendo has sold a total of
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      • Article
        What mini-car plans?
        79 4 TOKYO Daihatsu Motor Co Ltd denied a newspaper report that it had decided to assemble mini-cars in Malaysia, where it was conducting trial sales. Mainichi Shimbun reported last Saturday that Daihatsu would begin assembling 660 cc cars in Malaysia from 1994 at the earliest. Daihatsu has no
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      • Article
        Japanese ulcer relief for French
        86 4 TOKYO Takeda Chemical Industries Ltd will start selling the anti-ulcer drug lansoprazole in France by the end of this year under the brand-name Ogast. Laboratoires Takeda, a 50-$0 venture between Takeda and Roussel Uclaf, will market the drug, which will be made by Roussel Uclaf
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    • Article
      S'pore-Filipino venture in fight for tiles market
      607 4  -  Competition hots up between First Lepanto Ceramics, Mariwasa From Al O Labita in MANILA A "TILE WAR" is heating up between First Lepanto Ceramics, a Filipino-Singapore joint venture, and rival Fili-pino-owned Mariwasa, Manila brokers say. Wary of the challenge from First Lepanto Ceramics,
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    • Article
      Lock icon Comalco Ltd forecasts cloudy days ahead
      321 4 Reuter MELBOURNE Comalco Ltd says the outlook for the rest of the year to Dec 31 is not promising. The bauxite miner and alumina and aluminium producer earlier announced a fall in net profit to A 530.4 million (about 5541.2 million) for the six
      Reuter  -  321 words
    • Article
      Lock icon Japanese steelmakers to export to Vietnam
      137 4 Reuter TOKYO Six major Japanese steelmakers will export 2,000 tonnes of steel sheet to Vietnam by the end of die year, a spokesman for Nippon Steel Corp said yesterday. It wonkl be the first time in 13 years that Japan had shipped steel to
      Reuter  -  137 words
    • Article
      Lock icon Pioneer Int'l gains A$40m from sale
      281 4 Reuter SYDNEY Pioneer International Ltd said it achieved a As4o million (about 5554.2 million) strplus over holding value on the sale of its 52.6 per cent stake in Ampol Exploration Ltd. Pioneer managing director Rodney Price said the 102 million shares and 17 million
      Reuter  -  281 words
    • Article
      IBM set to benefit from Indian liberalisation — but not Coke
      624 5  - IBM set to benefit from Indian liberalisation but not Coke From Shirish Nadkarni in BOMBAY COMPUTER giant IBM looks set to re-enter the Indian market in a big way after paving been forced out 14 years ago. On Aug 14, the Industry Minister released a list of "high priority" areas
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    • Article
      Lock icon UPI faces yet another financial crisis
      358 5 NYT NEW YORK United Press International, the news agency that has stubbornly refused to die in spite of chronic financial distress, is facing a new fiscal crisis from old creditors demanding that the agtncy redeem stock they hold, which could cost US$2 million (553.4
      NYT  -  358 words
    • Article
      Lock icon Time unit buys health magazine assets
      219 5 NYT NEW YORK Time Inc Magazine Co announced last week that it had purchased certain assets, including the subscription files, name and trademarks, of Health magazine, one of seven titles that folded when Family Media Inc closed on Aug 7. It was the first
      NYT  -  219 words
    • Article
      Lock icon High costs eat into Ericsson's half-year profit
      254 5 Reuter STOCKHOLM Swedish telecommunications firm Telefon AB L M Ericsson blamed higher development costs and weaker demand for a 26 per cent fall in sixmonth pre-tax profit to 1.78 billion crowns (about *****.4 million), below analysts' expectations. An Ericsson statement said the result
      Reuter  -  254 words
    • COMPANY BRIEFS
      • Article
        Hotel firm Ladbroke all set for rights issue
        100 5 LONDON British hotel and leisure company Ladbroke Group pic is poised to make a £400 million to £500 millipa (about Ssl.4 billion) rights issue when it reports interim results this week, according to reports in three newspapers. The Sunday Times, Sunday Telegraph
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      • Article
        Sucden moving trading activity
        112 5 PARIS As part of a continuing shake-up, French commodity trading group Sucres et Denrees (Sucden) will transfer, its; Paris coffee trading activities to New York. A company official said coffee trade at Paris-based Merkuria Sucden would be moved to Sucden's Westway Merkuria Corp in New York.
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      • Article
        Shoemaker to close plants
        139 5 ST LOUIS Brown Group Inc said it would restructure its Brown Shoe Co, closing three plants and other warehouse operations to bring capacity in line with anticipated continuing lower domestic production levels. Brown Group said the facilities to be closed were in Fredericktown, Charleston, Bernie and
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      • Article
        Adidas sells swimwear rights
        62 5 ATHENS Adidas AG and its subsidiary Sarragan SA have sold their brand rights for Arena swimming and beachwear to investors Werner Peemoeller and Mario Chesi, according to Sarragan president Ulrich Ackermann. The announcement was made at the European swimming championships, sponsored by Arena. Mr Ackermann said
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      • Article
        Breast implants to be withdrawn
        94 5 WASHINGTON The US Food and Drug Administration said last Friday that Bristol-Myers Squibb Co must withdraw its silicone gel-filled breast implants from the market because it had failed to prove their safety. Surgitek, a subsidiary of Bristol-Myers, has 10 days to appeal against the ruling.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      211 3 THE GLOBE BUILT TO CRITICAL STANDARDS WHERE QUALITY OF DESIGN IS THE DETERMINING FACTOR A Highest grade fluorocarbon I f fTrW ff aluminium cladding curtain wall for A Landmark in Design Functional Technology 1 w rfl r cri*J f>** I'l II lf i sgp IL »h 1 aP-- ~>" <
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      433 4 J? s N V S V- v .< >' V f •"> X A >' xi;: if*, i y> n \Vw i it&§ j y w/ <,***'* jt* c s m y S s -f x .s A Twin Waters Resort is for sale. 1. A new fully operational 374-room
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      Page 4 Advertisements Column 2
      70 4 mgr Oscars salad days r. I. w 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
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      156 5 WHO TURNS BUSINESS INTO PLEASURE? :> H fll V n bpSm* THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At Thai, wc like to make all our passengers feel as true to its name, you II be treated no less than royalty. So whether you re off to any
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Miti probes commodity brokers' compensation
        91 6 TOKYO Japan's Ministry of International Trade and Industry (Miti) is investigating whether commodity brokers offered to compensate select customers for trading losses, Miti officials said. A questionnaire distributed by Miti to commodity brokers in early August included questions on whether they compensated important customers such
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      • Article
        Belgium extends trading ban
        89 6 BRUSSELS The Belgian Finance Ministry said a law had been passed extending Belgium's ban on insider trading in shares to futures, options, bonds and Treasury bills. The ministry said in a statement the new law was needed to strengthen security and surveillance. The law followed the
        89 words
      • Article
        Southeast prepares capital plan
        79 6 MIAMI Southeast Banking Corp, which lost 20 per cent of its deposits in the first half of 1991, said it was preparing a recapitalisation plan to submit to the Federal Deposit Insurance Corp. A bank spokeswoman said Southeast was preparing a plan similar to the one
        79 words
      • Article
        Commerzbank denies eyeing TSB
        75 6 FRANKFURT Commerzbank AG said it was not interested in buying British bank TSB Group, dismissing a report in the Independent on Sunday newspaper. The British newspaper said Commerzbank was one of several potential predators eyeing the TSB as a possible foothold in the UK market. "There
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      • Article
        AMB unit to pay same dividend
        58 6 AACHEN, Germany Aachener und Muenchener Vericherung AG, the non-life arm of German holding company Aachener und Muenchener Beteiligungs AG (AMB) said it expected to pay a steady 10 mark dividend on 1991 results. Insurance premium income rose 15.8 per cent in the first six
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      • Article
        Credit Lyonnais may cut jobs
        70 6 AMSTERDAM Credit Lyonnais Bank Nederland (CLBN) is to make further major cuts in its workforce by 1995. No one was available at CLBN to comment on the report, in which a CLBN spokeswoman would neither confirm nor deny that the bank was to scrap a
        70 words
    • Article
      PT Semen Cibinong gets a boost in financial markets
      215 6  -  By Hong Lee Tiam SINGAPORE The successful syndication of PT Semen Cibinong's US$lOO million (Ssl7o million) loan facility has boosted the Indonesian cement manufacturer's standing in the financial markets. The agreement on the provision of the loan the borrower's first foray
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    • Article
      Lock icon De Benedetti-controlled bank hit by share fraud
      260 6 Reuter MILAN Swiss-based BanLeble, controßXl by Cofide-Compagnia Fiijnziaria de Benedetti Sp-Cjsaid it had been the victim® a fraud involving ItalJocks. i ra statement reported by Ital id newspapers on Saturday Pie bank said it was taking' £>urt action in Geneva aga ft those
      Reuter  -  260 words
    • Article
      Lock icon Norwegian state fund steps in to save Fokus
      571 6 Country's third largest bank to get S$ 164 m loan Reuter OSLO Norway's State Bank Fund is lending 650 million crowns (Ssl64 million) to Fokus Bank, the country's third largest commercial bank, to rescue it from soaring losses. "The fund will provide
      Reuter  -  571 words
    • Article, Illustration
      Lock icon FDIC's financial problems worse than estimated
      265 6 NYT NEW YORK The General Accounting Office has said that the Federal Deposit Insurance Corp's financial condition was weaker than previously estimated and that the deposit insurance agency would need additional money from the government within a few months. By the end of the
      NYT  -  265 words
    • Article
      Lock icon Poland dismisses chief debt negotiator
      267 6 Reuter WARSAW Poland's chief debt negotiator Janusz Sawicki has lost his job for failing to supervise officials accused of embezzling millions of dollars meant for debt repayment, the government said yesterday. Sawicki was dismissed on Friday by Prime Minister Jan Krzysztof Bielecki, at his own
      Reuter  -  267 words
    • Article
      Lock icon UK banks turning to preference shares
      474 6 MARKET TALK Reuter LONDON Preference share issues are gaining popularity among UK banks as an alternative to costlier and unpopular rights issues. With capital ratios under severe pressure from deteriorating earnings and bad debt provisions, banks have turned to the US and domestic markets
      Reuter  -  474 words
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      Page 6 Advertisements Column 1
      404 6 the university of strathclyde 1X*****31 BHffiRT DEPARTMENT OF MARKETING gggggg in conjuction with QuU open learning resources (asia) pte ltd DI3B Presents V THE STRATHCLYDE SEMINARS ■4 The Department of Marketing at Strathclyde has achieved an international reputation as a centre of excelJ lence for both research and teaching covering
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      Page 6 Advertisements Column 2
      115 6 WiL J B JB B J L 11 3||3Ml ■uyila^uUyH HOTEL CEBU PHILIPPINES 20-YEAR LEASE <v. > R 15 Storey, 166 rooms Centrepoint Hotel, in Thriving Cebu City. Classified 3 Star. Recently renovated. Plenty of space for expansion e.g. more hotel rooms, more function rooms, health centre, swimming pool, etc.
      115 words
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  • THE REGION
    • Article
      Lock icon Ethnic Chinese in Indonesia urged to narrow wealth gap
      519 7 Various schemes put forth to help them do so AFP JAKARTA Indonesia's wealthy ethnic Chinese community has an array of programmes to choose from to help the government in its effort to narrow the growing gap between rich and poor. The
      AFP  -  519 words
    • Article
      Vietnam suitable relocation site for Thai firms
      215 7 BANGKOK Thai manufacturers will have to intensify their efforts over the next five years to relocate their production facilities to neighbouring countries where wages are lower. According to a report in The Nation, Vietnam is a prospective production base. Somchai Pakapaswiwat, a Thammasat
      215 words
    • Article
      Lock icon Two Taipei firms to invest M$500m each in Malaysia
      288 7 MBT KUALA LUMPUR Two well-known Taiwanese automotive parts manufacturers plan to invest at least Mssoo million (Ss3lo million) each to produce vehicle components and accessories in Malaysia this year. The investments, if approved, will be the largest in Malaysia's motor vehicle
      MBT  -  288 words
    • Article, Illustration
      Lock icon Inflation under control, assures Anwar
      237 7 MBT KUALA LUMPUR Inflation in Malaysia is under control as the government has taken appropriate and sufficient measures to monitor the economy, says Finance Minister Datuk Seri Anwar Ibrahim. The recent move by Bank Negara to mop up excess liquidity and dampen credit growth and
      MBT  -  237 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      97 7 «I r In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you .....where the American Express 9 Card is always 8S "auesj v hospiuble rrcepmon i Membership Has Its Privileges" H SHANCRI-LA INTERNATIONAL HOTELS <•« RESORTS Don't leave home without it! BALI- BANGKOK BEIJING FIJI HANGZHOU HONG KONG
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Yeltsin saddled with great expectations
      557 8 Communism's collapse NYT MOSCOW For months now, Russian President Boris Yelt6in has been arguing that his plans for a radical overhaul of his republic's economy would have already gone into effect were it not for the "centre" a word that encompasses the Kremlin, the lumbering
      NYT  -  557 words
    • Article
      Lock icon Soviet Union in perilous state of dual power
      517 8 Reuter MOSCOW The Soviet Union teetered in a precarious state of "dual power" on Sunday as Boris Yeltsin gradually wrested state authority from a weakened Mikhail Gorbachev. "Everything is working in Yeltsin's favour now. He has by far the better chances," said
      Reuter  -  517 words
    • Article
      Lock icon US softening stand on Soviet aid
      695 8 Officials now say specific plan from Moscow enough to ensure aid IHT WASHINGTON Expressing optimism about the direction of events in Moscow, American officials have strongly suggested that a specific plan to liberalise the Soviet economy would suffice to guarantee financial aid from Washington.
      IHT  -  695 words
    • Article
      Lock icon Beijing shoring up ideological defences
      412 8 NYT BEIJING Chinese officials interviewed privately say that although they believe their country's politics are unlikely to be immediately affected by the collapse of the Soviet Communist Party, they generally foresee a cooling off in the recently improved relations with Moscow and an intensification of
      NYT  -  412 words
    • Article
      Lock icon Apec to seek more liberalisation measures
      532 9 Officials to consider going beyond Uruguay Round AFP SEOUL Senior officials from Asia and Pacific countries agreed yesterday to discuss implementing trade liberalising measures that go beyond those included in global negotiations, an organiser said. The agreement was reached at a meeting of an
      AFP  -  532 words
    • Article, Illustration
      Lock icon German economy picking up in east, slowing in west
      214 9 Reuter MUNICH —r Signs of an economic recovery are mounting in eastern Germany, while the economic growth in western Germany is slowing down, the latest survey by the Ifo economic research institute shows. Ifo, one of Germany's five major institutes, said
      Reuter  -  214 words
    • WORLD WATCH
      • Article
        Tokyo: corporate capital investment on target
        66 9 TOKYO The capital spending of Japanese corporations achieve the growth target of 6.8 per cent projected by the government for 1991/92, Michio Ochi, Director-General of the Economic Planning Agency, said. He told the Upper House Budget Committee that recent studies by several major private
        66 words
      • Article
        Fraud charges over poll results
        62 9 MEXICO CITY Mexico's opposition party leaders levelled fraud charges against the ruling Institutional Revolutionary Party (PRI), which cornered more than 60 per cent of the vote in mid-term elections held a week ago. Leaders of the National Action Party and Party of the Democratic Revolution
        62 words
      • Article
        S Africa: export-led upturn likely
        69 9 JOHANNESBURG Improvement in South Africa's international relations could help pull the courtry out of its economic downturn, the Reserve Bank said in its annual report released yesterday. "An export-led upturn seems more than a remote possibility for South Africa," the report said. Surpluses in South
        69 words
      • Article
        US regiment leaving Kuwait soon
        40 9 KUWAIT CITY Kuwaitis are nervous about their nation's security as the US 11th Armoured Cavalry Regiment prepares to leave on Sep 1. Kuwait has been unable to put together effective local and regional military arrangements.
        40 words
    • Article
      Lock icon Triple threat from Seoul's overheating economy
      311 9 Reuter SEOUL An overheating economy threatens to undermine South Korea's efforts to hobble inflation, at the same time pricing its exports out of the market and worsening a record trade deficit, say economic analysts. Further, it presents a government facing elections next year with
      Reuter  -  311 words
    • Article
      Lock icon US machine tool orders up but trail '90 levels
      487 9 NYT NEW YORK Spurred by a sharp rise in demand from domestic car makers, orders for American-made machine tools rose 8.8 per cent in July from the previous month's level, according to a report by the industry's trade association. Still, machine
      NYT  -  487 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      628 8 gjSKi HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1991 The Board of Directors of Harimau Investments Limited wishes to announce the unaudited results of the Group and the Company for the six grionths ended 30 June 1991:30.06.91 30.06.90 I
      628 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      220 9 SIEMENS 9 Advanced medical systems for one of Singapore's leading nlVllS y& ■s V M i 'M > ps9**^^JL^MMflHM|^^^^^^^mHpHpi^P* Angiographic examinations of vessels. The system is designed for products and systems have been AttK^^GHIHII^IHHW patients suffering from vascular cerebral, thoracic, abdominal and developed during the past five diseases are essential
      220 words
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  • Article
    A team for reform
    484 10 EDITORIAL OVER 70 years ago, American journalist John Reed documented the Russian revolution and the rise of the Communist Party and called it "Ten Days That Shook The World". Last week, it took less than seven for its demise. They were equally earth-shaking days. On Monday,
    484 words
  • WHAT THE OTHERS SAY
    • Article
      Expose the hypocrite
      243 10 SINGAPORE HAS BEEN TOLD that it must agree to a revision of its 1987 air services agreement with Canada or have it terminated next Aug 16. Why the demand now for a revision? It certainly is not because of anything Singapore or Singapore Airlines (SIA) has done.
      243 words
    • Article
      More for self-help
      82 10 RECENTLY, MENDAKJ's Community Development Committee endorsed a five-year, $16 million plan to upgrade the Malay community. The most attractive feature of the plan is that it will involve the participation of Mendaki's institutional members and Muslim organisations. Individuals can also contribute towards the success of the plan.
      82 words
    • Article
      Be more active
      181 10 THE GOVERNMENTS NEW consultative style has only just been adopted, but we can already see that it is very well received by all communities and at all levels of society. Until now, we have not been able to spot any adverse effects of this new style of
      181 words
  • REGIONAL VIEWPOINTS
    • Article
      Action beats emotion
      213 10 ANYONE WHO HAS NOT realised the enormous importance that the environment holds and portends for mankind and its survival, must be deaf and blind to the multitudinous signs of pollution that are manifesting themselves all over the world. It is a crucial time. Life on earth hangs
      213 words
    • Article
      Questionable honours
      117 10 THE IMPENDING PLAN by the Burmese military junta to confer the two highest ecclesiastical titles of Burma on His Holiness the Supreme Patriarch and other members of this country's Ecclesiastical Council is suspect. Coming from an authoritarian regime which is known for its record of suppressing and persecuting
      117 words
    • Article
      Visit of major significance
      185 10 THIS WEEKEND, British Prime Minster John Major will be on his way to China to begin a visit that was already highly significant, but which takes on added meaning after the crisis which has convulsed the Soviet Union. He is the first Western leader to travel
      185 words
  • Article, Illustration
    Lock icon Can CDs rescue the recording industry?
    1111 10  -  Despite the growing popularity of compact discs, recording companies in general are struggling to survive. Richard Hylton looks at why the industry has has fallen into a slump Richard Hylton NYT WITH THE long-playing album market falling further into oblivion, the standard cassette tape
    NYT  -  1,111 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      53 10 OOONESBURY BY GARRY TRUDEAU Kk.jMisvisrrmneve&> frTTuenTs^sußTm^ CRAZY! INSAtem ARB-, nt WHATAR£ f ARBXL/9JZ,OWE ARB THERBNO MAS THROWN J WSOUJHAVSM XOU CXXH6 I THI9PRL6 PtAIBR. I (QNS&QUBHCBS |IN 90UTARY THBPRObM OUT )N MY Ift CLAIMING HE Ij FORPKRLBUHO WCONFINtMtNT mwori sopvousomz If m&suonwtvl b6f<jrbhb Bi^HBrKJ J PONT \POTBACKIN"TI!jk\ AU£6ATKWS*m COUP TALK
      53 words
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  • ANALYSIS
    • Article
      Lock icon Bigger banks do not mean lower costs to customers
      968 11  -  Bank America and Security Pacific have proposed a merger. But as banks merge, js better banking ensured, asks Michael Quint Michael Quint NYT THE PROPOSED merger of Bank America and Security Pacific, the two largest banking companies in California, is the
      NYT  -  968 words
    • Article, Illustration
      There's money to be made in the name of freedom
      1237 11  -  The Sikhs are fighting for an independent state in Punjab, but Rajendra Bajpai sees mercenaries and corrupt militants turning the campaign into a big bucks business Rajendra Bajpai The writer is a New-Delhi-based journalist who contributes to BT IN INDIA'S
      1,237 words
    • Article
      Lock icon Suharto at critical crossroads as changes quicken
      506 11  -  The last great challenge for Suharto is to balance rapid change with social; harmony. Muklis Ali reports Muklis Ali Reuter PRESIDENT SUHARTO stands at a critical crossroad in deciding Indonesia's pace of change as it looks back on 46 years of independence from
      Reuter  -  506 words
  • Page 11 Advertisements
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Lock icon The humble PC propels world into the era of IT
      1242 12 Once, it could do only rudimentary calculations, now it can model the real world on the screen. Happy birthday, IBM PC FT TO technologists at least, 1981 was notable for the opening of the world's longest suspension bridge, the oommissioning
      FT; Source: McKinsey data base  -  1,242 words
    • TECHTAKES
      • Article
        Nobel Prize winner to give talk in Singapore
        109 12 THIS YEAR's annual lecture by the Information Communi-J cation Institute of Singapore will be delivered by Nobel Prize* winner Dr Arno Penzias, vice-president of research at thei AT&T Bell Laboratories. He will speak on the subject of? "The Global Village: Its Promise
        109 words
      • Article
        SiS to distribute NCR system
        80 12 US-BASED computer maker NCR has appointed Singapore! company SiS Technologies as a distributor for its pen-based' computing system. The product, called the NCR 3125, was» launched worldwide in June and enables users to write direct-* ly on a digitised screen with a cordless pen to
        80 words
      • Article
        New hospital uses ICL system
        88 12 BALESTIER Medical Clinic, a new private hospital, is using? ICL's minicomputer system and software from SW International for its computerisation. SW International is a Singa-t pore software house which sells solutions on computers fromj UK-based ICL. The whole package, valued at 5500,000, will; link about
        88 words
      • Article
        Creative Software upgrading
        65 12 LOCAL COMPANY Creative Software has launched the{ latest upgrading to its payroll software system, Easy Pay 3.J With Easy Pay 3, users can change information of an employ-* ee from a macro perspective, without going into the individu-t al records. Also, with the introduction of "pop-up windows",}
        65 words
    • Article, Illustration
      Bull seeking out niche markets
      1092 13  -  The European computer industry is in turmoil. Claire Leow meets Bull of France's chief strategist at its headquarters in Paris to discuss the company's plan for survival Claire Leow THE chief strategist at Bull of France speaks as though driven. His lucid views can be
      1,092 words
    • Article
      Lock icon Tiny diamonds said to show meteorite killed dinosaurs
      287 13 AP A CACHE of tiny diamonds is the latest evidence that a meteorite smashed into Earth about 65 million years ago, an event some scientists say led to the extinction of dinosaurs. Such diamonds, smaller than some viruses, appear in some meteorites.
      AP  -  287 words
    • Article
      Why Bull is not venturing into Asia-Pacific region yet
      312 13 GROUPE Bull of France, which recently showed signs of regaining financial health, is not yet able to cast its nets farther in the Asia-Pacific region. The computer company is busy strengthening its hand in Europe and the United States to consolidate
      312 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      278 12 As if the HP DeskJet 500 didn't have If you decide to buy one, we'll give Makes you think doesn't it. enough going forit, we've added a you 2 free ink rcrtndg* worth And on top of that you're getting the couple of extra benefits. $70. Valid now till 31
      278 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      262 13 LAREDO STATE UNIVERSITY A PART OF THE TEXAS A&M UNIVERSITY SYSTEM PRESENTS WORLD CLASS OPPORTUNTIES AT UCJB) M.B.A. INTERNATIONAL BANKING (MBA-IBK) BUSINESS ADMINSTRATION (MBA-BA) Laredo State University, in collaboration with UCJB, will be offering the above two specialized M.B.A. degree programmes in February 1992 for suitably qualified candidates. The M.B.A.
      262 words
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      Page 13 Advertisements Column 2
      289 13 *]^H ooj«H^H!Bi^^^sst^^£*£?*vs~ifti-» jOV| g^ 1 1 -^s~t :|j m xt\ Y°ii don't need financial training or a Lotus I*2*3 spreadsheet >1 package to figure out that 556,440 less 553,850 is 552,590. Of :*j m \l»3 wk course, it might be nice to have Lotus I*2*3 version 2.3 to help, v%:.'
      289 words
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  • FOCUS
    • Article, Illustration
      Ambani: a tycoon in the corridors of power
      1410 14  -  Bending rules and hitting below the belt are not matters which seem to ave Dhirubhai Ambani any sleepless nights. The chairman of the powerful Reliance group has built up enormous clout in the political corridors of New Delhi while expanding his business
      1,410 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      278 14 Urmm LUXURIOUS CONDOMINIUMS AT GENTIN6 HIGHLANDS f PHASE 4 FROM M$ 123,500 UPWARDS i" X Sl* liiTia mfar j3P*3sfc affordarle prices il|K|i^ffpi Storting from M 5123,500 for o one-bedroom unit to M 5435,200 JB JB 4m" for luxurious Penthouse Suite ffpife Vfßi fe J MEAT VALUE FOR MONKY jC V
      278 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      350 15 SAS UserGroupAssociation (Singapore) Organises The3rdAnnualSAS User Group Conference MarinaMandarinHotel, Singapore 12 September 1991 I Executive Information System u sas executive information system" Mr Lee Richardson Director, Asia/Pacific Operations SAS Institute Inc., U.S.A. Cooperative Processing "cooperative processing under the sas system" Ms Sally Langthorn SAS Institutelnc., U.S.A. Application Development "new environments
      350 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      198 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to lO.OOipm daily. KING'S amembcrofctxh tels
      198 words
    • Advertisement
      Page 16 Advertisements Column 2
      296 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety' of four homemade soups and help themselves to our ever popular salad bar. $13.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      296 words
    • Advertisement
      Page 16 Advertisements Column 3
      235 16 We've spiced up Happy Hours. fis back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between Swim wear Fashion Show on Mon AO I* •COLOUR FOl* INVITING Hrarfc Knad Smcapwr 0719 Trl 29H0011 Enjoy super room rate discounts from now to
      235 words
    • Advertisement
      Page 16 Advertisements Column 4
      279 16 HI v/jBB f 5 K' I W^ w^t I WHr-.. MmL- I (£>; DAILY AT PINE COURT jtev You'll enjoy our delicious selection HKh of authentic Beijing Dian Xin served amidst the splendour of an Imperial Hp 1 Court. May we expect you today? ■pfe From noon to 2.30 pm.
      279 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      743 16 TELEVISION AND RADIO t» i'n»nmwi>s—m i nmniinwma i «<mmummhMMj>mnuiMiwu-NuijutMiauii ,rn a a on/><n 8.00 Video Mast (Stereo). 7.30 RMibo (Cartoon). iiti nina T -.J-Xl j-fc In |SBCI2 9.00 News at Mm. 8.00 National News(M). BUSINESS #IRAWO, I ITTI A niO lintTl 45 Thispro- m r™*, c* RRC L/ltil llv/l 11
      743 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shortchanged by Shakespeare?
      697 17  -  Was King Richard 111 really a miniscule monarch, as one academic has postulated, or is it just a tall tale? Randi Hutter Epstein reports on the controversy Randi Hutter Epstein AP KING Richard 111 was a dwarf, according to a medical diagnosis that has outraged defenders of
      AP  -  697 words
    • Article
      Lock icon When science imitates life
      672 17  -  Sebastian Moffett writes about a world called 'virtual reality' Sebastian Moffett Reuter GREY SKIES, the daily grind, family problems, international crises the real world has always had its drawbacks. But an easy escape might soon be at hand. Put on a headset and da-ta-glove and you
      Reuter  -  672 words
    • Article, Illustration
      Achievement a awards for Reagans
      555 17 CHATTERBOX THE LOS ANGELES Alexis de Tocqueville Society will honour former president Ronald Reagan, and his wife, Nancy, with Lifetime Achievement Awards in Pasadena, California, on Sep 11. The Reagans will receive the awards at a black-tie tribute, with Lodwrick Cook, chairman and chief executive
      555 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      245 17 AND ENTERTAIN U.S. Food Promotion !i* Savour the best of U.S. beef and lamb at Hubertus Grill from 1 to 31 August 1991. All steaks come with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Bearaaise or Black Pepper Sauce. A Sterling 5-course set
      245 words
    • Advertisement
      Page 17 Advertisements Column 2
      69 17 A CANADIAN EDUCATION IN SINGAPORE from Grade 9 to OAC Level Canadian Overseas College Is lully-accredlted by the Ministry of Education In Ontario, Canada and is registered with the Ministry of Education. Singapore. Canadian Overseas College offers an internationally recognised educational programme leading to university admission in Canada, the United
      69 words
    • Advertisement
      Page 17 Advertisements Column 3
      288 17 5Mt 9 BONUS ITEMS I 1 Enjoy the following bonus Q^ec\a\ items now! OfLffA Senu 7 r WX' t** l% 11. ASSORTED COLD CUTS |9 1. 1 Euroca 35mm MFII camera 12. SHARK'S HN W/CRAB MEAT 5 2. I roll Konka 13S-35mm film 3 STEJMEDCHICKEN ir.j.. nn .M;nrt i j:
      288 words
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  • SPORTS
    • SIDE LINES
      • Article
        Will he or won't he retire?
        135 18 yOKYO After running the greatest race of his life, British sprinter Linford Christie fudged about retiring. "I'm thinking ibout retiring," Christie said on Sunday, after finishing fourth m a career-best 9.92 seconds in the historic 100-metre dash at She World Track and Field Championships,
        135 words
      • Article
        Purtzer takes World Series
        64 18 AKRON, Ohio Tom Purtzer two-putted for par on the second extra hole on Sunday to beat Jim Gallagher and Davis and win the World Series of Golf. Purtzer, who won for the second time this year, blew a two-shot lead on the back sine of the
        64 words
      • Article
        Nause posts course record
        86 18 CHK BROOK, Illinois Martha Nause chipped in for an aigle on No 18 to post a course-record 7-under-par 65, totalling 13-under 275 to win the U*****,000 LPGA Chicago at Oak Brook Golf Club. Nause finished one stroke ahead of 54-hole leader Kris Monaghan, who missed an
        86 words
      • Article
        Voges clinches Amateur title
        68 18 CHATTANOOGA, Tennessee Mitch Voges, who ordinarily does not play golf on Sunday for religious reasons, shot an eagle-3 on the 11th hole and defeated Manny Zerman 7 and 6 tp win the 91st US Amateur Championship. Voges, 41, of California, became the third oldest winner of
        68 words
      • Article
        Trevino triumphs
        63 18 ALBUQUERQUE Lee Trevino's putter and patience combined for a 3-under-par 69 on Sunday and a four-shot victory over defending champion Chi Chi Rodriguez and Jim O'Hern in the Sunwest Bank Senior Classic. Trevino scored his first US Senior PGA Tour victory since March by shooting a tournament-record, 16-under-par
        63 words
      • Article
        Kankkunen races to victory
        113 18 JYVASKYLA, Finland Finland's top rally driver Juha Kankkunen, driving a Lancia, on Sunday won the country's main rally event for the first time. Kankkunen cut championship leader Carlos Sainz's advantage in the standings from 32 to 20 points, with five races remaining. Last year's runner-up Ari
        113 words
    • Article, Illustration
      Lock icon Lewis runs perfect race
      540 18 World Track and Field Championships Reuter TOKYO The ultimate sprinting machine has finally run the perfect race. There were no flaws at all in the 100 metres Carl Lewis ran on Sunday to win the world title in world record time, his coach Tom Tellez said
      Reuter  -  540 words
    • Article
      Lock icon Stich breezes past Sanchez in OTB International
      334 18 AP SCHENECTADY, New York Wimbledon champion Michael Stich did not lose a set in winning the OTB International, finishing off Emilio Sanchez 6-2, 6-4 in the finals on Sunday. Stich finished off thirdseeded Sanchez in one hour, 10 minutes to take the US$lB,3OO
      AP  -  334 words
    • Article
      Lock icon Lendl gets big morale booster
      227 18 UPI COMMACK, New York Ivan Lendl enters the US Open with new confidence and a new ranking following a 6-3, 6-2 victory over Stefan Edberg in the finals of the U*****,000 Hamlet Challenge Cup on Sunday. Lendl needed only 81 minutes to beat the top
      UPI  -  227 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      251 18 What has golf got to do with your business H3S&I and USS? Just os Golf is your solution to the pressure of the workplace, United Software Solutions, or USS as you know it, is your solution to an increasingly competitive market. USS is a major investment by two well-established componies-
      251 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market drifts on lack of investor support
      4846 19  -  By S N Vasuki STOCKMARKETS thrive on turmoil. Last week's dramatic developments, which saw the toppling and return of Soviet leader Mikhail Gorbachev in a bungled coup attempt, sent the Singapore stockmarket on a roller-coaster ride. Yesterday, as a semblance of normalcy returned
      4,846 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3996 20 Main Board BAT 21* 378 +10 +2.7% OCBC Foreign 1050 +10 +1.0% OUE 645 +10 +1.6% Semb Maritime 372 +10 +2.8% Inno-Paciflc 106 +9V? +9.8% SEEL 50* 197 +7 +3.7% NatSteel 50* 446 +6 +1.4% I swan 50* 580 5 0.9% Jurong Ship 50* 895
    3,996 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end broadly lower in dull trade
      4167 21 Bernama SHARE PRICES in Kuala Lumpur closed broadly lower in thin trading yesterday in the absence of fresh leads. Investors were sidelined while assessing the impact of weak economic indicators. The KLSE Composite Index fell 1.75 points to 541.74 while the Industrial Index
      Bernama  -  4,167 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      110 21 PROPERTY CONSTRUCTION SUPPLEMENT 1891 A special Business Times Survey September 10,1991 How will the coming year shape up for developers and investors alike, now that the Gulf War is history? Will we see the long-expected Hongkong influx fill our new office blocks? And where are residential property prices heading? As
      110 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      276 22 Cwnpjny Date Year Group Nat N«t earnings Gross ann to profit/loss (L) par sharo dWWoiwI (•000) (canto) Sports Toto Aug 20 Apr 91 MJ57.371 ($45,999 9 4(86 9 5(30a) City De* Aug 19 Dec 90 $43,980(536.515) 9 5(7 9) 15(15) fSC Aug 16 Dec 90 $2,319($2,503) 2.6(4.2) 6(2.5)
      276 words
    • Article
      PRELIMINARY RESULTS
      177 22 Company Date Yoar Croup pro-tax Not timings Gross ann to profit/loss (L) par shara dhrWond ('000) (coats) BMT Aug 22 Jun 91 $1,348($1.146) 306 3(254 3) 150(150) Wharf Htdgs Aug 22 Mar 91 HK$1.703d($$l,479d) 75.1(65 0) 49(43 5) Berjaya Corpn Aug 21 Apr 91 M$121,748($101,329) 8 1(8.3) 6(12)
      177 words
    • Article
      INTERIM RESULTS
      318 22 Company Date Half-year Group pro-tax Interim Mn to prom/loss (L) dlvidond COOO) Lkr Hoe Aug 22 Jun 91 MJ3.239($1,209L) San Teh Aug 22 iun 91 U 890(13,495) YHS Msia Aug 22 Jun 91 MJ10.061 ($7,124) 4(4) M PWa Aug 21 Jun 91 $7,850(53.895) Haw Par Aug 21 Jun
      318 words
    • Article
      CORPORATE DEVELOPMENTS
      755 22 Aug 26 Berjaya Corp Bhd raised its stake in Malayan United Industries Bhd to 30.8%. Berjaya said its associate, Sports Toto Holdings Bhd, had acquired a 20.8% stake in MUI from IGB Corp Bhd and a group of stockbrokers for M5372.5m (*****.9 m). Pan Pacific Pubications and Linguaphone
      755 words
    • Article
      DIVIDENDS ANNOUNCED
      724 22 Current Ex Backs Date Total lar Total tor paymant data ctoaa payable the yaar last yaar Mti Mdgs 50c 61(b) Sep 4 Sep 16 Sep 30 6% 61 Aw Pac Ld 50c 21(b) Jul 18 Aug 1 Aug 30 2% A vino 20c 5%TE(I) Oct 14 Oct 24
      724 words
    • Article
      RESULTS DUE
      492 22 Main Board Last Full Yaar Company Penod Data Year Net EPS Grots Net nowctd tnAig (cants) dv praAt last year (tOOO) Cerates Intenm Apr 27 Jul 91 12.6 20 0TE(a) 38.911 Sport Land Interim May 4 Dec 91 12.6 10 0 44.641(g) T«< Mtnf Intenm Aug 2 Dec
      492 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      891 22 Prices as at 2S.08.91 Conversion terms Premium/ Expiry (dtSCOMt) Amount Optional** using Company 'Ymf* Wrts Store Loan Con* Eur Lnstk Cask Cask. Loan Gearing Date Mtto ■nits) stock ratio price nom Loft value > S Burwill 115.2 0.160 0.670 1.00 1.00 73 4.19 30/06/94 34 C&C
      891 words
    • Article
      APPROVED ISSUES
      254 22 Company Rights Issue Baton One-tor-tour MS2 00 per share Ex-date Jul 16 Books dose: Jul 30 Acceptance i Payment: Sep 10 ttv Hyd Four-tor-five fc MSO 65 per share Ei-date Jul 25 Books dose: Aug 8 Acceptance Payment: Sep 17 Nat Kap One-tor two g, $080 per share
      254 words
    • Article
      PROPOSED ISSUES
      594 22 Company Rights Issue Asa Pk Land One-for-two MS065 per share Afanct Tech One-for-one <g, >1.00 per share Bdtai Issue of {90 978m nominal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three
      594 words
    • Article
      BONDS, LOANS & WARRANTS
      779 22 BONDS, LOANS WARRANTS Clip any Comwrtioa period Co—fri— tmm tm mm trim my ahta i Bmi Nt Before 30/6/94 1 warrant plus HKJ1 00 cash C4C Nt Before 26/4/93 1 warrant plus $309 cash i Causeway low 1 Cam way Nt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash
      779 words
    • Article
      COMPANY MEETINGS
      390 22 Polytek We arms Hokfings Ltd: 7th AGM at 18 Jalan Kilang Timor #03-00, Singapore 0315 on Wednesday, Aug 28, at 2.30pm. jirong Cement Ltd: Bth AGM at the Board Room, #03-08 As»a Insurance Building, Finlayson Green, Singapore 0104 on Wednesday, Aug 28, at 11am. Metrojaya Bhd: 16th AGM
      390 words
    • Article
      RECORD HIGHS & LOWS
      168 22 RECORD HIGHS LOWS BT Composite Index ST industrials Index 1991 1333 08 3/6/91) 1991 l*t 1565 58 (3/6/91) 1991 tow: 1022.52 (16/1/91) 1991 tow: 1149.08 (16/1/91) 1990 torlt U35 43 (16/7/90) 1990 htfc 1607.12 (27/3/90) 1990 tow; 981.07 09/11/90) 1990 tow: 1079.50 (11/10/90) 1989 hiffr: *****0 (28/12/89) 1989 lifh: 1487.76
      168 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei ends below 22,000 as investors sit it out
      2218 23 Reuter TOKYO STOCKS closed lower with the Nikkei share average ending below 22,000 for the first time in four trading days. Margin traders and arbitrageurs sold to close positions. The selling, on top of thin trade, brought prices spiralling down through
      Reuter  -  2,218 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    1726 23 vo1 Aua 23 HK$ High Low (WO) Allied Ppt W93 0.68 .020 0.69 0.67 268 Allied Ppt 1.19 .010 1.20 1.16 1978 Amoy Properties 5.00 +.075 5.05 4.95 1843 Applied Intl 0.79 -.010 0.81 0.78 1760 Asean Resources 0.26 .005 0.265 0.26 1620 Asia Comm H
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  • Page 23 Advertisements
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  • REGIONAL STOCK MARKETS
    • Bearish sentiment hits Aussie market
      • Article
        AUSTRALIA
        895 24 THE Australian share market yesterday drifted lower as a negative mood took hold of investors. Brokers said the recent spate of poor profit results and a realisation that interest rate cuts will not occur in the short term have generated a bout of negative market sentiment. "The market dribbled
        895 words
      • Article
        JAKARTA
        653 24 JAKARTA share prices fell sharply yesterday as many players tried to cut losses, brokers said. "The market is continuing its downward trend. Many shares are under selling pressure," one broker said. The official index fell 4.53 points to 314.05 and volume was 3.36 million shares, compared to Friday's 2.49
        653 words
      • Article
        TAIPEI
        463 24 THE Taiwan stock index finished slightly lower in the thinnest trade for seven months yesterday, but dealers said a limited rebound might occur as some institutional buying in the last half-hour. The weighted index closed at 4,516.52, 9.62 points lower than Saturday's 4,526.14 finish. Turnover fell to NTS 13.9
        463 words
      • Article
        MANILA
        462 24 CAUTIOUS OPTIMISM that the US military bases treaty would be ratified boosted Philippine share prices in moderate trade yesterday, brokers said. The Manila Stock Exchange Composite Index rose 21.31 points to close at 990.47, poised to break the next resistance at 1,000, brokers said. Makati's index jumped 28.34 past
        462 words
      • Article
        SEOUL
        764 24 SEOUL STOCKS fluctuated in a narrow range to close slightly higher in dull and weak trading yesterday as most in- vestors took wait-and-see attitudes. With institutional investors folding their arms yesterday, most individual investors also stayed on the sidelines in the absence of fresh factors, said a broker. The
        764 words
      • Article
        BANGKOK
        706 24 BANGKOK share prices ended mixed in thin trade yesterday "as investors awaited the outcome of the on-going debate on the draft of a new constitution, brokers said. "The market went back to the situation before news reports of political changes in the Soviet Union came out," said a broker
        706 words
      • Article
        NEW ZEALAND
        246 24 NEW ZEALAND shares failed to take any inspiration from Wall Street and the events in the Soviet Union, ending lower on thin turnover yesterday. The NZSE-40 capital index was down 10.1 points at 1,411.2 while turnover was worth a paltry NZ$l2 million. Peter Halligan of Buttle Wilson said:
        246 words
      • Article
        BOMBAY
        67 24 THE Bombay Stock Exchange (BSE) indices reached new highs in volatile trading yesterday. The BSE Index closed 42.61 points, or 2.37 per cent, higher at 1,844.82, having peaked at 1,861.94. The National Index rose 14.75, or 1.72 per cent, to 874.65, after touching a high of 881.42. The previous
        67 words
      • Article
        Untitled
        435 24 Close Previous Aug 26 AUSTRALIA All Ordinaries Index 1530.7 1541.2 -10.5 All Industrials Index 2348.1 2360.3 -12.2 All Resources Index 903.5 908.9 -5.4 Turnover (million) 173.5 75.1 +98.4 BANGKOK SET Index 677.68 676.37 +1.31 Turnover (billion baht) 1.58 3.06 -1.48 JAKARTA Composite Index 314.05 318.58 -4.53 MANILA Composite Index 990.47
        435 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ trading in narrow range against D-mark in Europe
      922 25 REPORTS THE US DOLLAR was steady yesterday near Friday's closing levels in early European trading, hovering in a narrow band around the 1.75-mark level. The dollar opened at 1.7500/10 marks, little changed from 1.7490/00 at Frankfurt late on Friday. Traders expect
      922 words
    • Article
      INTERBANK FOREX RATES
      385 25 Cross rates Aug 26 USS SS MS Dm Yen SFr AS NZS USS 1.7260 2.7860 1.7460 137.00 0.5963 1.5265 1.2706 1.7422 S$ 0.5794 1.6141 1.0116 0.7937 0.3455 0.8844 0.7362 1.0094 MS 0.3589 61.95 0.6267 0.4917 0.2140 0.5479 0.4561 0.6253 Dm 0.5727 0.9885 1.5956 78.47 0.3415 0.8743 0.7277
      385 words
    • Article
      MONEY MARKET
      526 25 Interbank rates SS Bid Offer Overnight 5 3/16 5 5/16 1-month 5 3/16 5 5/16 2-month 5 3/16 5 5/16 3-month 5 1/4 5 3/8 Overnight mode: 5-5/16 USS WU Offer 7 days 5 11/16 5 13/16 1 month 5 5/8 5 3/4 2 months 5 11/16 5
      526 words
    • Article
      Lock icon Bankers see heavy flow of new Eurobond issues
      756 25 IHT PARIS Bankers are expecting a heavy flow of new Eurobond issues in coming weeks as issuers and investors return from their summer holidays. European sovereign and supranational borrowers are likely to dominate the market, and the nondollar currencies probably will be
      IHT  -  756 words
    • Article
      FINANCIAL FUTURES
      1100 25 SIMEX EUltOOOU-AK Open High Low Sett Est Vol Op/Int Vol Sep 91 94.23 9*24 9*22 9422 615 ***** 1930 Dec 91 93.87 93.80 93.87 93.87 3082 ***** 8376 Mar 92 93.90 93.92 93.90 93.90 920 ***** 4302 Jun 92 93.59 93.61 93.59 93.59 455 3110 1122 Sep 92
      1,100 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Metal prices hitting their lows but rally still not in sight
      403 26 Reuter LONDON The fall in industrial base metals prices over the last 18 months has probably reached its floor, but a robust recovery is still not in sight. "Prices are basing out now, and in the fourth quarter there
      Reuter  -  403 words
    • Article
      Lock icon FAO expects world cereal output to drop by 2pc
      321 26 Reuter ROME World cereal production this year will slip by 2 per cent from 1990's record harvest, with dwindling inventories posing a threat to global food security, the United Nation's food arm said in its August outlook. "Assuming normal weather from
      Reuter  -  321 words
    • Article
      Higher miners' offerings send KL tin down 17 sen
      867 26 REPORTS THE price of tin again reversed its recent uptrend to close 17 sen lower at MSIS.I6 per kg on the Kuala Lumpur Tin Market yesterday as higher offerings were made by miners. Dealers said last Friday's 12-sen increase to $15.33
      867 words
  • Article
    PRICES
    1336 26 Rubber Aug 26 MS (fcfc hi h«te») S cents/kg Noon Close Int I RSS Prompt I38.00/139.00N 138.2V139.25N Int I RSS Sep 91 138.00/138.50 138.25/138.75 Int 1 RSS Oct 140.00/140.50 140.25/140.75 Int 2 RSS OP 137.00/139.00N 137.00/139.00N Int 3 RSS OP 136.50/138.50N 136.50/138.50N Int 4 RSS OP 132.00/134.00N I32.00/134.00N Int
    1,336 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      337 26 BUSINESS TIMES TELBPHONE: 730-5771/5772/5773 FAX: 734-4982 In the Mattar of Tha Companlee Act Cap. SO and In the Mattar of ISABELLE BOUTIQUE PTE LTD Nottca of fiaadutton tor Creditors' Voluntary Winding Up (Pursuant to Saction 290) At a Genera! Meeting of tha Mambars of tie Creditors of tha Company held
      337 words
    • Advertisement
      Page 26 Advertisements Column 2
      451 26 THE COMPANIES ACT, CAP. 50 CHOO TJIAT LEE PTE LTD (In Liquidation) At a general meeting of CHOO THAT LEE PTE LTD duty convened and held on the 22nd day of August, 1991 the following special resolution was passed; SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      451 words
    • Advertisement
      Page 26 Advertisements Column 3
      9 26 Managers Must Manage BT shows you how every Monday.
      9 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1133 27 FNgkt HWj GA893 1025 GA892 0110 nm SQ228 2000 QF82 2200 RJ183 0030 ftwitw ll>1 GA893 1025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 AackUnd NZ35 1550 SQ386 2015 NZ36 2330 BaMkpapM GA525/ 910 1755 "irw SQ181 1410 SQ182 0915 U
    1,133 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A clean water attraction
      586 27  -  LETTER FROM STOCKHOLM By Lars Foyen IMAGINE fishing for salmon opposite the Royal Paiacc, swimming by the City Hall or yachting among thousands of mostly uninhabited islands. Stockholm believes it is high time to tell the world it has something special to offer an abundance of
      586 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3455 1.3590 Canadian dollar 1.4913 1.5214 NZ dollar 0.9785 0.9984 Sterling pound 2.8760 2.9010 US dollar 1.7225 1.7265 Local dollars to 100 units of foreign cwreacy Austrian schilling 13.77 14.05
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      59 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Aug 20-31 Izmir Turkey Izmir Fair *****150 Aug 24-28 Cosmetics Netherlands Koninklijke ********** International Organisation Perfumery Trade Nederlandse Fair Exhibition Jaaibeurs Aug 24-28 International Frankfurt, Messe Frankfurt *****5750 Aug 24-27 International Germany Offienbacher ********** Trade Fair for
      59 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      39 27 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok- Call *****77 for details. We know Europe from start to Finnish
      39 words
    • Advertisement
      Page 27 Advertisements Column 2
      30 27 Singapore's sexiest man, Douglas Oiiveiro, p| singer-frontman II quits the band Ml I a^er three rockin' HL and rollin' years. Mw i I But why? NEWS, NEWSY Monday to Saturday.
      30 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      263 27 r p PI f PI p "■TV 1 The very many who did pHV < 9 No longer taking over for j j |H| inspection (4) HI ■■il 10 Remains in force an arrest (10) jBLZ 15 Are fashioned, in that case, LmJ ~"BHBi Hi 16 Power of the second
      263 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      210 27 Singapore Outlook: Cloudy with occasional showers in the early hours. Report Maximum temperature 31.5* C Assoc humidity 73% Minimum temperature 23.2 Assoc humidity 100% Hours of sunshine 0.65 Rainfall in mm 68.4 Rainfall this month 164.7 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Sunny Bangkok
      210 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      17 27 li« ki tit A f KrtObO IT COULDN'T WQS.P EV£jßv/OrC ID CP|LL J CEVENINO STANDARDCO.LTD- I—2-I—l SSOS
      17 words
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  • Article
    Insurers plan to act against firms that under-declare pay
    365 28  -  Concern over bosses trying to save on premiums By Chew Eng Han SINGAPORE Employers may soon have to comply with stricter requirements by insurers when taking out workmen's compensation (WC) policies. The General Insurance Association of Singapore (GIA) is concerned about
    365 words
  • Article
    Lock icon Phnom Penh seeks US$1b in foreign aid for reconstruction
    298 28 Reuter KUALA LUMPUR Cambodia needs US$l billion (551.72 billion) in foreign aid over the next five years and is also pinning its hopes on the prospects of finding major oil reserves to pay for economic reconstruction. Its Vice-Minister of Planning, Suy
    Reuter  -  298 words
  • Article
    Lock icon Vietnam sets new rules for foreign banks
    131 28 Reuter HANOI Prime Minister Vo Van Kiet has published a decree outlining new rules to let foreign banks open branches in Vietnam, the state-run Vietnam News Agency said. The rules set a minimum capital requirement of US$l5 million (Ss26 million) for each foreign
    Reuter  -  131 words
  • Article, Illustration
    Penang chief minister to meet PM, DPM in S'pore
    389 28  -  From Kenneth James in PENANG PENANG Chief Minister Koh Tsu Koon is scheduled to meet Prime Minister Goh Chok Tong and Deputy Prime Minister Lee Hsien Loong during a "gettingacquainted" trip to Singapore from Sep 11 to 14. The visit by
    389 words
  • Article
    Lock icon Indonesia's growth expected to slow to 5.7pc
    133 28 Bernama JAKARTA Indonesia's economic growth is expected to decline to 5.7 per cent in 1991 from 7.4 per cent in 1990, due chiefly to slower expansion in export-oriented industrial production. "The country's manufacturing industry is projected to expand only by 9.5 per cent
    Bernama  -  133 words
  • Article, Illustration
    Growth triangle — a test of regional cooperation
    786 28  - Growth triangle a test of regional cooperation The Bottom Line PAUL LOW PAUL LOW The writer is chairman of Malaysian Sheet Glass Bhd 1N THE early 1980s, when Asean economic cooperation was first discussed seriously by the private sectors of the member-countries, businessmen in the region were full of hope.
    786 words
  • Article
    Perc sticks to 7.5pc growth forecast for S'pore
    434 28 But polls results will affect domestic policy initiatives: report SINGAPORE A new country risk report that includes an analysis of the current general election concludes that the outcome of the polls will have a decisive effect on major domestic policy initiatives, but
    434 words
  • Article
    Lock icon Abu Dhabi ready to inject up to US$5b if requested
    244 28 The BCCI collapse Reuter LONDON The Abu Dhabi shareholders of Bank of Credit and Commerce International SA are prepared to inject US$4 billion to US$5 billion (SsB.s billion) into a rescue package if asked by the British authorities, a lawyer
    Reuter  -  244 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      244 28 Baume Mercier GENEVE 1830 For 2 days in September, eminent international technologies and local experts will meet to address a range of issues pertinent to Singapore organisations in our increasing technology pervasive economy and society. The theme of the conference is S T, The Next Phase Effective Technology Acquisition, Marketing
      244 words
    • Advertisement
      Page 28 Advertisements Column 2
      64 28 JL. Baume Mercier GENEVE 1830 INVESTMENT PROPERTIES Western Australia We are pleased to offer the following categories of properties for sale: City Investment, Suburban Commercial, Industrial, Hotels, Resort/Golf Course Development Opportunity Joint Venture Possibilities PRICES FROM $850,000 W.A. representatives will be in Singapore to receive enquiries. Phone Alan Jones or
      64 words
    • Advertisement
      Page 28 Advertisements Column 3
      6 28 General Election *91 reports, Pg 2
      6 words
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  • SHIPPING TIMES
    • Article
      THAI may join computer reservation system
      459 29  -  Byl Rahita Elias SINGAPORE Singaporebased Abacus Distribution Systems welcomed news that Thai Airways International (THAI) has plans to become a partner in the computer reservation system (CRS). According to a recent article in The Nation, the carrier's executive vice-president Chatrachai Bunya-Ananta said that Thai
      459 words
    • Article
      Lock icon Planes could speed up global warming: report
      299 29 Reuter LONDON Aircraft could be nearly as bad for the environment as cars because the pollution their exhausts spew out into the sky is accelerating global warming, according to research published yesterday. A report released in London by the conservation group World Wide
      Reuter  -  299 words
    • Article
      Lock icon Oriental Assemblers to produce Civic engines
      314 29 Bernama JOHOR BARU Oriental Assemblers Sdn Bhd's decision to locally manufacture the 1.6 litre Honda Civic engine will enable the assembly plant achieve better economies of scale, its director and general manager Lim Tiong Boon said. The plant, which is located in Tampoi near
      Bernama  -  314 words
    • Article
      Lock icon Pratt and Whitney engine chosen for S Korean F-16s
      205 29 AP SEOUL South Korea has selected Pratt and Whitney of United Technologies Corp as the engine supplier for its new jet fighter project, the Defence Ministry announced yesterday. A press release said Pratt and Whitney of the US was selected over
      AP  -  205 words
    • Article
      INDEX TO ADVERTISERS
      902 29 Page Col ABC Containerize 12 1 Aeropak 16 2 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5
      902 words
    • Article, Illustration
      Major transport seminar starts in KL today
      286 29  -  From Rahita Elias in KUALA LUMPUR MALAYSIA'S transportation industry will take centrestage in an international conference, which starts today in Kuala Lumpur. The two-day event "Moving Towards 2020 Role of the Transportation Industry" has attracted some 120 delegates, mainly from Malaysia and also
      286 words
    • Article
      Lock icon Kuwaiti team heads for Iran to seek return of planes
      244 29 Reuter KUWAIT Kuwait said it was sending a delegation to Teheran for talks on the return of six Airbus planes seized by Iraq and later flown to safety in Iran during the Gulf War. The departure next week of a
      Reuter  -  244 words
    • NEWS SUMMARY
      • Article
        It's a great time to fly
        39 29 BUSINESS travellers have never had it so good, thanks to a new wave of competition between airlines on the North Atlantic route that has cut air fares by 50pc or more. Page 2
        39 words
      • Article
        Computers end British lighthouse tradition
        25 29 PLANS to end a centuries-old tradition of manned lighthouses round British coasts have aroused concern for sailors' safety Back Page
        25 words
      • Article
        Two charred bodies from vessel found
        46 29 TWO badly charred bodies were found on Sunday morning as Coast Guard personnel doused the last spot fires on a merchant vessel that caught fire and was drifting without power 225 km off Big Sur in northern California. Back Page
        46 words
      • Article
        Aussie aircraft imports seen to fall
        33 29 AUSTRALIAN civil aircraft imports are expected to fall to A 51.16 billion in the 1991/92 year to June 30 from AS 1.7 billion in 1990/91. Bade Page
        33 words
      • Article
        Higher prices for Seville, Eldorado
        43 29 THE Cadillac luxury car division of General Motors Corp yesterday said that prices of its completely redesigned 1992model Seville and Eldorado cars will be between 1.5 per cent and 4 per cent higher than 1991 versions Back Page
        43 words
    • LOG BOOK
      • Article
        Melete sinks, 25 crewmen missing
        92 30 SYDNEY Twenty-five crew members of a Greek-regis-tered bulk carrier are missing after the vessel sank in rough seas in the Indian Ocean south of the island of Reunion, Australian rescue authorities said yesterday. Two crewmen had been rescued and the French navy was coordinating a
        92 words
      • Article
        Brazil port workers may strike
        72 30 RIO DE JANEIRO Brazil's Federation of Port Workers has called for a national strike starting on Sep 17 to protest against the government's privatisation plans if talks with port authorities fail. The strike, which must be approved by individual port unions, depends on the outcome
        72 words
      • Article
        Panama to host congress
        87 30 PANAMA CITY Panama will host Latin America's first International Shipping Congress, officials announced on Friday. Damaso Diaz, president of the Panamanian Maritime Law Association, or PMLA, said the congress would be held in Panama City from Nov 12-15. The meeting will be sponsored by Panama's government-run
        87 words
      • Article
        Protesters block highway
        58 30 BOGOTA Tens of thousands of peasants protesting rural poverty blocked the main motorway through southern Colombia on Sunday, causing food shortages and leaving hundreds of travellers stranded. Some 30,000 protesters formed a human barricade on the Pan-American highway in the village of Rosas, 400 km south-west of
        58 words
      • Article
        S Korean fishermen detained
        78 30 NEW DELHI Indian coastguards have taken into custody a South Korean fishing vessel with 48-man crew for allegedly poaching in Indian waters off the south-eastern coast, the Press Trust of India (PTI) said on Sunday. The ship, M V Jennyu 11, was seized when it was
        78 words
      • Article
        Poland's first air show
        88 30 WARSAW Thousands of spectators on Sunday attended the first international air show in eastern Europe with the participation of American, British, French, Soviet and Polish pilots. For the first time the Polish public could watch stunts performed on such Western military aircraft as the US Army's
        88 words
    • Article, Illustration
      Lock icon It's a great time to fly
      1102 30 Business travellers have never had it so good, thanks to a new wave of competition between airlines on the North Atlantic route that has cut air fares by 50pc or more IHT LET'S MEET in New York," says a friend of mine on the
      IHT  -  1,102 words
    • Article
      DAILY FREIGHTS
      625 30 THE FREIGHT market on Friday was quiet and sentiment mixed as the Baltic Freight Index rose seven points to 1,513, brokers said. Most freight rates last paid did not justify such a rise against the background of limited vessel oversupply, some said. The rise was mostly spurred by
      625 words
    • Article
      THE SHIPPING GUIDE
      11600 38 This is a list of ships loading Sept 2 at Singapore for ports around n the world, ft tabulates, by destination, the name of the Apapa ship, the shipping line in- Nedll volved and the estimated dates of arrival and departure isi a f from the Port
      11,600 words
    • Article
      SHIPPING AGENTS
      3294 43 -Ajx. Containerline NV: Betsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,294 words
    • Article
      COURIER SERVICES
      249 43 Abacus Couriers Td: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster link Supplies A Services
      249 words
    • Article
      AIR FORWARDERS
      1549 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. AeroUnk Freight International Tel: 545-803lFax: *****05. Tel:'s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express Td:
      1,549 words
    • Article
      PORT CONDITIONS
      1874 44 ARGENTINA Buenos Aires: Labour Stevedores continue to arrive half an hour late for work and to leave half an hour early. There are also stoppages of one full hour during each shift, reducing the effective working time per six hour shift to four hours. Port busy; all berths
      1,874 words
    • Article
      AIR FREIGHT SCHEDULE
      463 44 ARRIVALS Op Flight Type ETA T From TOOAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0130 1 SEL JAL JL617 B747F 0345 1 NRT CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997 DC8F 0240 1 SYD CAL CI333 B747F 0315 1 TPE SI A
      463 words
    • Article
      SHIP SALES & TANKER RATES
      484 44 SHIP SALES TANKER RATES VESSELS ON OFFER m€ M. dwk earners Orient River 43,665 dwt and built 1989, on offer for US$22 million. Agp Thalassini 58,718 dwt and built 1969, an offer for US$5 million. Mm Kim 68,774 dwt and built 1989, on after for US$29 million. Mibmores 69,808 dwt
      484 words
    • Article
      CRUISE & FERRY SCHEDULES
      360 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dt p Nine of Vessel ETA ETP Porta of Calb Port Ageat AM 27 27 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 28 28 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 29 29 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson SEP 01 01 Orient
      360 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        591 45 »«*j *1 8«rth km* Pgrtw VwmI toy No B«rth frmd Oepartiit M*Hn> T 1 Sat E Rehmat 84N P08A 2708/0700 3008/0600 htaL Mi una Sea w P** 002 26 08/2000 27 08/0600 £L, l?S/SSo Song Ten 01 7/91 P03 2708/1930 28.08/0700 BSSSL 22 MM S 22 Thanh0a
        591 words
      • Article
        IN MALAYSIAN PORTS
        218 45 jooore ron Berth: 1: Sri Nam Hua I, Kris Maduran; 2: Bai Yin Shan; 3: Shong Chon Gang; 4; SeWa; 5: Stoletiye Parizhkoyi Commury; 6: Sea Lady. (S jetty: Roseanne. Aummala 11. DCJ: Barge Halim Nina. Due on Aug 26: Crystalventure L, Soon Seng, Seng Heng, Bagan,
        218 words
      • Article
        CONTAINER SCHEDULE
        973 45 ttglWW OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booknt/Babnce Rstts Ship Voy No Etb/Btr Period From To From ACX Lotus 16A 29/0200 3 27/0700 27/1159 27/1400 4 27/1200 27/1459 27/1700 Alia Bhum 519N 27/2359 1 26/1500 26/1659 26/1900 2 26/1700 27/0659 27/0900 Al Manyah 55A 27/1800 1
        973 words
    • Article
      Lock icon Computers end British lighthouse tradition
      643 46 Fear for safety of yachts and small fishing boats Reuter NEEDLES LIGHTHOUSE, Isle of Wight Plans to end a centuries-old tradition of manned lighthouses round British coasts have aroused concern for sailors' safety. Bob Vickers, principal keeper of the Needles lighthouse off the Isle of
      Reuter  -  643 words
    • Article
      Lock icon Higher prices for Seville, Eldorado
      135 46 UPI DETROIT The Cadillac luxury car division of General Motors Corp yesterday said that prices of its completely redesigned 1992-model Seville and Eldorado cars will be between 1.5 per cent and 4 per cent higher than 1991 versions. The 1992 Seville will be priced at
      UPI  -  135 words
    • Article
      Lock icon Aussie aircraft imports seen to fall
      173 46 Reuter CANBERRA Australian civil aircraft imports are expected to fall to A 51.16 billion (551.56 billion) in the 1991/92 year to June 30 from ASI.7 billion in 1990/91, the Treasury said. "Present indications are that practically all of the aircraft will be imported in
      Reuter  -  173 words
    • Article
      Lock icon Two charred bodies from Sea Architect found
      532 46 UPI LONG BEACH, California Two badly charred bodies were found on Sunday morning as Coast Guard personnel doused the last spot fires on a merchant vessel that caught fire and was drifting without power 225 km off Big Sur in northern California. The
      UPI  -  532 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      21 29 Lines and services represented by, Members ef the Registry of Accredited Singapore National Shiplot advertising enquiries, contact Shipping times: I'el /w-mv/no-P-M)
      21 words
    • Advertisement
      Page 29 Advertisements Column 2
      292 29 SSWff HBK METJU. CO PIE LID u moa Avt u. amoAPOHt mm mac m tmn aiiMcw. TEL: Ml M 53 TELIFAX:MI JM4 hIIFI *nu*oimro» CMMMT —WIIWI. MMJtraU ECMara /S MM VAYnanw fWwwl MHI XMV n fin WarafMua* Trudu SM«M» Cmmmmmm) PiMTiwda Ai~ ooy. (A r«M rap* MINN OEStQN MNOVATIOM MMM
      292 words
    • Advertisement
      Page 29 Advertisements Column 3
      55 29 A* Forwarders 15 A* Frwght Schedule 16 Cockett Report "2 Container Schedule 17 Courier Servces 15 Crutse I Ferry Schedules 16 My Fwghts 2 Index to Advertisers 1 Port Condrtnm 16 Shppug Agents 15 Shppmg Giade 10.11 Shpsaies/Tanker Rats 16 Stops m Port 17 Sinppore Tiles 17 Transport Diary 3
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      97 30 V## x»«»«ir 11 cou, d a controversial deal between two stock 1/ market stars, a thought-provoking report by M[ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the I day and looks at them in more depth and breadth. FOCUS is the news
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      2508 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES till#* TEL: *****11 FAX: *****09 All Mr BOOKINGS TEL: *****34 *****58 Vllim TERMINAL/CFS TEL: *****18-220 PESAKA JARDINE SHIPPING AGENCIES SON. BHD L A PORT KELANG TEL: *****18 FAX: *****91/*****88 S pr~7 —7- —ZZ PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 r Dedicated
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      2077 31 TRANSPORT DIARY Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Claims of International Trade Specific Issues, Contextual Practice and Operational Process, organised by Facs World at Carlton Hotel. Sept 12-13 c Seminar on Shipbroking and Chartering II Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept
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      Page 31 Advertisements Column 3
      1609 31 pWI.».Md L-l!JIIJIJ TWO SAILINGS TO INTRA-ASIA SINGAPORE/HONG KONG SINGAPORE/JAPAN Vmael Voy ETA I ETD Feeder by S,_. Mdhur DMta DESTINATIONS to This week Marie Maersk 9106 MMPWWWTCTaWIMBWfWWI—SWHWWHWWtWIiWiWM cy 3/9 oeoo mrs CFS 2/9 2368 MRS Kalang Panang OAK LQB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MARIE
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      1151 32 irottedmM VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KATSURAGI 07/134 29/8 21/9 17/9 16/9 BfiSft THAMES 07/334 1/9 18/9 20/9 23/9 24/9 LA SEINE 20/135 5/9 28/9 24/9 23/9 111 BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 i All IffSTtOVMO P HONGKONG EXPRESS 03/136 12/9 5/10 1/10
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      Page 32 Advertisements Column 2
      740 32 SEABPAC SERVICE DBECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2509E8 4/9 19/9 22/9 27/9 ALSO ACCEPTMG CARGO MA SUVA 10 LAUTOM. PAGO PAGO. APIA i NUKUALOAFA MRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX IS LA FLOREANA 2509E8 4/9 10/10 11/10 16/10 17/10 ALSO
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      1658 32 QITCBAfUI AEMSi REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE ttl/VOY SM ALG BCL HAM BR£ ROT ANT FEL LH» (VIA (VM (VIA ALG) HAM) ROT) JAPAN-SEA 124W 26/08 16/09 11/09 21/09 22/09 23/09 24/09 24/09 2S/09 CHINA SEA 125N 04/09 26/09 28/09 01/10 02/10 03/10 04/10 03/10 05/10 NORASIA
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      1893 33 SjjSteamers Maritime Holdings Ltd P&O I Ml Ml STRAITS SHIPPING A i i|,„, ,a Containers gjg Voy Na Klg HKobi #«U fTpwe] Alt Sou Ant Rot Hb| ACCEPTS DUE SMLS IWtHOM 9110 a/HM/OIS/H 21/01 12/09- 15/09 19/09 19/09 CM GO KOWIOON BAT 0452 21/01 25/00 31/01 17/09 19/09 21/09 STRAITS
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      Page 33 Advertisements Column 2
      2188 33 i riVlTTfsi^ TO: U.S.AJPANAMA FM: U.S.AJPANAMA <H»/WT 9 OAK LGN CRI FOB IAV NCR NTC WKL/WT HTC WW M» CM W 0« CHOYANG KCTORY EFII4 31/1 15/0 27/0 «/10 11/10 12/lt 13/10 11/10 DM YOKOHAMA WAI27 10/7 12/7 l«/ 7 11/7 2t/7 20/7 27/1 CHOYANG WORLD CFI3S 7/0 2/10 4/1*
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      348 33 STRAITS/ JAPAN/ STRAITS SERVICE TRONO V7B ETA STORE IN PT ETA BANGKOK 31/8/91 ETA YOKOHAMA 10/9/91 LOADING FOB TOKYO/YOKOHAMA COSMIC PIONEER Vl6 ETA SPORE 4/9/91 ETA PK 6/9/91 ETA TOKYO 29/9/91 ETA YOKOHAMA 22/9/91: IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KM SPORE PK PI DSN CT MO VM* MM
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      604 34 I CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE W./WT STOtt ROAM/ADAM HUURG BREMEN ANTWERP wmm 1/9 9/10 15/10 19/10 22/10 PATMAM/30NB 7/10 1/11 14/11 11/11 21/11 FAST TRANSIT TIME 1 ACCEPTING BREAK BULK/CONTAINERISED CARGO Bubfrcl to taiduc«m«fiL Also accepting emtio to Casablanca. Poet Wd, Port Atosandrta, Gonoa. Trtoato. MJSO
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      Page 34 Advertisements Column 2
      1043 34 \6t\ i«. xn V HANJIN SHIPPING crcnc» i*i I SIR I UNI HAUL LGB OAK H Spor. LEH RTM AMI HAM BRV FEL i(m<NCYANG 079E 27/1 ORENTAL KNKHT 16/9 21/9 HANI IN OAKLAND 014W 3/9 19/9 20/9 21/9 21/9 22/9 23/9 00« 31/« 06IECT 23/9 26/9 HANJW LONGBEACH 034N 8/9
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      1236 34 HQ. MP W6 KSS UC U 111 09 NET SB Iff Ul CM It NTC LW MM MM Tt* HK PSD CM HL I E aim K434 11/1 4/9 1/1 1/1 11/1 12/1 14/1 IV? 1«/S 17/* »/J 11/1* 12/11 U/ll 23/ M 21/11 25/10 21/1* Wlt 7/11 17/11 21/11
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      1937 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 i USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 am AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 mfrngmk FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 wmmfk NEPLINE SDN BHD MALAYSIA K.L.-I03) *****33,
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      Page 35 Advertisements Column 2
      1041 35 *SWSOV 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) I FULL CONTAINERSHIP SERVICES I EASTBOUW-OBCHAIEHG WESTBOUND—IOAOW6 TKAHSHTfED Vl* BOTTEAOAM «nas wv iw
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      1568 36 44 'WT ICR No: **********0 M) Ia V Wmnr m AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD I W IVJ TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MV r _J MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1. ■■Hi KAWASAKI KISEN KAIHA, LTD
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      Page 36 Advertisements Column 2
      701 36 IISS PHILI-ORI€NT UN€S PT€ LTD i 108 Robinson Road #07-00 GMG Building Singapore 0106 Te,: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU (W MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Vgjy ""^|j 3 SEP MONTREAL, OTTAWA, TORONTO. 1 SEP
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      353 36 GOLDEN LINE A \y£>%A GUAN GUAN SHIPPING Tft§£<\ (PTE) LTD t™ 3, TelokA»#f Street SINGAPORE 0104 TEL 5343 M (10 LINES) Fai: *****04 (C* No. io:?s«oooow) t «nnTi/miu> oulf bkrtick S port P. Mm| Pen^i GOUJEN HAVtN Colwatio 'Mract»/D»t» h Part J GOLDEN KM Cetaato /Karachi Data V» lap CHINA
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      1541 37 ssss*l#ff PACIFIC INTERNATIONAL LINES (PTE) LTD S .'SSS? M Mfc P»L Building, 140 Cec* Street #0300, Singapore 0106. 1 i BANGKOK 1 VESSEL VOY iw 7kT SIN VESSEL VOV SIN BKK SIN PoTIATOQ mas IRN 30/8 2/9 Sft KOTA PAHLAWAN 9131 27/9 30/8 2/9 EQUATOR MAS 1«N 30/1 Z/» PEGASUS
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      Page 37 Advertisements Column 2
      1185 37 benline containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunga Pertrar 298 28/8 U/9 15/9 17/9 18/9 Toyan»+ 296 2/9 22/9 23/9 Korngan
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      Page 37 Advertisements Column 3
      507 37 tea MYANMA pik nVE STAR UNE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Psn P«« MYOMArWA VI36W In ft «/2« A* »/31 Auj 24/25 A-C P*YA ¥116* 21/29 Auf 3/5 Sep 30/2 Sep AVA VIION «/7S» THE BANK LINE (A sarvica of Andrew Walr Shipping) SEMI-CONTAINER SERVICE
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      709 40 TO AUSTRALIA/NEW ZEALAND [*5 fsS iFrwn IkWb |$yd Ifcick INK If CHM.M wwssfi 277 "io/T" Ti7s n7T~ ~vji 3/10 J/10 «/10 C VEROIME 271 »7s 2/10 7/10 12/10 H/10 22/10 ANTWERPEN 279 19/10 27/10 1/11 S/ll 10/11 12/11 13/11 mmtha i 2ii uTu" TiTTi mTTT "T/IF ~Tiu "17TT ToTTi TO
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      Page 40 Advertisements Column 2
      1137 40 EXPORTS TO HONGKONG, TAINAN 4 JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND VOY PKL PEN XT S» Wt. HKG KAO KEE TYO SM2 NGO KoB~l| VESSU VOY |SW |PKL PEN BLW SW~ ACX HY 148 241 »*2tB 26 8 301 3.9 5.9 10 9 11 9 12 9 ICE
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      Page 40 Advertisements Column 3
      762 40 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SDN BHD KL TEL *****91/17 FAX: *****92, ***** t KLANG TEL KSS1M/I TLX MA ***** PENAMG TEL 620S41 TLX; MA ***** GUAN GUAN SHIPPING SDN BHD P KLANG TEL 36S920C/7. *****55 FAX: 03-*****(4 TLX: MA ***** PENANG
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      526 41 GUARANTEED CONSOL TO:KEELUNG/KAOHSJUNG 25.8.91 HONG KONG 25.8.91 BUSAN 25.8.91 BANGKOK 25.8.91 EUROPE 25.8.91 TOKYO/KOBE/YOKOHAMA 25.8.91 USA 25.8.91 AUCKLAND 25.8.91 FREMANTIE 5.9.91 I SYDNEY/MELBOURNE 30.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 535-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINS TAN. KATHLYN TAY, SOPHIA SAY OR KAREN SIM FAST DIRECT REGULAR
      526 words
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      Page 41 Advertisements Column 2
      477 41 STrIChK Sf TEL: *****33 (12 Lines) SSm FAX: *****15/*****03 |fTf| TELEX: RS ***** RI3HIP (3 Lines) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANDINET 24W8 30/08 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 25W8 20/09 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      896 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD HA ETA ETA 90K PUT KELANC PENANG bui mdi 1/9 nn loading tor Mile RUVAJ HUDMU 10/9 Loading tor Calcutta DOLfMN 4/9 Loading for Male pocij sural* u/9 loading For Male OONAKtIM 15/9 Loaded For Felmaru ntoosss LKirr 20/9 Loading tor Maldi»es
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      Page 41 Advertisements Column 4
      846 41 JAKARTA BANGKOK T m m \\mm tut 1 mmm PASA S3 nit 31/1 OEM MUM# 24* to ft 27/0 Fit >0/0 mm BUM IMS 31/1 3/9 NANTA BHUM UN TW 29/0 im 1/0 P*" V? 1,9 "A** "HUM# 7in Sun 1/9 «Nd </> WANA BWM 10 -5 7/9 10/9 CHAITA
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      1243 42 S'PORE IMPORT: *****02 I I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061)*****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 Wmmtm*>orts c<*omb6/s. Africa PEN PK SIN PtN PK SIN Colombo 31/8 1/9 2/9 5/9 6/9 7/9 Ldn/Fta/Mm/Ant Dwban/Pt Louis 29/8 30/8 31/8
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      Page 42 Advertisements Column 2
      311 42 BLUC BTAR UNE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN m. AKL IYT an MAHSURI 0502 ki Nrt «/9 «A NM. 10/9 Zl/i PROSPECT 14S 1/9 20/9 JTt 22/9 MANDAMA 0504 21/9 3/10 ¥IA NPt 5/10 22/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT
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      1173 42 I THONG SOOM LIMES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: rs ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO sl SINGA^OP^T VESSEL VOT ETA J&EST VESSEL jjfT SP3tE P. KIM SOON LI 29/91E 31 AUG PENANG JENWEL 14N 28
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      99 44 Managers Must Manage BT shows you how every Monday NATIONAL EXPRESS FORWARDERS (S) PTE LTD Weekly consoJidofon to:- 4'"s'' Wi fm Rotttrdom, Ganoa, Hamburg, I Wmfmm An,W rp «JJ DfH k*" l Karachi, Colombo, mmMmmrnmrnm .una Indian PW|J C akutta.Modrai.Chiltogonfl mmMmmmmmrn Hona Kong, Bangkok, Ponang, HMmI X rOHT East I
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      Page 44 Advertisements Column 2
      15 44 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
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      136 44 UPLIVING II *s__ EACH WEEKEND, put up your exccutivc feel, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youH know you re alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
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  • Page 45 Miscellaneous
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      305 45 TIDES AND WEATHER TODAY'S TIDES (heiflt in metres) HOW 0000 0100 0200 0300 (MOO 0500 0600 0700 0100 0900 *****100 ***************01C0017N1100 1900 2000 2100 2200 2300 Jfi 3 0 29 2.5 18 1.2 0.7 04 03 05 0.9 1.6 2.3 26 2.6 2.4 2.0 1.4 09 06 0.5 0.7 1.1
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      836 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARIE CO. LIP. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDCK VOT Ml PKt I LM HAUL VOT LBH OAK SEA Lit HAUL VOY TCM/SEA PTL NAN HAI 203 018 2S/0S 27/ OS 29/01 H. EXPLORE* 42E 23/09 26/09 21/09 HARBOUR
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      163 46 PASIR GUD ANG/SINGAPORE TWICE WEEKLY SAVINGS QUE SAT) VESSEL VOY P.GUDANG ST PORE JOSINDO SATU 029S 30/8 31/8 030S 02/9 03/9 031S 06/9 07/9 032S 09/9 10/9 033S 13/9 14/9 034S 16/9 17/9 RASJR GUDANG SINGAPORE (07)*****0/*****1 (02)534-0042 SiSsis b w t m i m W M TAW —M 1
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      530 46 CHARTPOINT Every Saturday in Business Times IMPORTS from DOWN UNDER to UP WEST X® J& vp Downumter: v: Ade Brit Fr» Melb Syd *****00 *****89 *****99 *****11 *****82 Up Wast; FREIGHT MANAGEMENT GROUP SIN <IKT PEN PKL JOH BKK BSB MNL *****11 *****66 *****8 *****98 *****2 *****29 *****3 *****76 fm4m
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