The Business Times, 3 September 1991

Total Pages: 48
1 48 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, September 3, 1991 75*
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  • NEWS SUMMARY
    • 76 1 BELGRADE Yugoslav leaders signed an agreement yesterday that provides for an international peace conference on Yugoslavia and foreign monitors to oversee a ceasefire in war-torn Croatia. The signing of the European Community plan by the federal presidency and leaders of the
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    • 62 1 TOKYO Osaka prosecutors yesterday arrested a fourth person in connection with a scandal involving loans allegedly obtained by an Osaka restaurateur using fake bank documents. Yoshiaki Ariki, 34, an employee of National Lease Co, a non-bank institution affiliated with Matsushita Electric Industrial Co, was arrested
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    • 41 1 A&W has submitted the highest bid for the fast-food outlet at Changi Airport Terminal 2 with a tender that is some 40 per cent lower than the bid that won it the concession in 1989 Page 2
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    • 30 1 A GROUP of foreign investors will invest at least MS3OO million (S$ 186 million) in Perlis to set up factories within the next two years Page 9
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    • 28 1 INDONESIA has criticised a Thai newspaper, saying its editorial, which charges Jakarta with human rights abuses in Aceh, could seriously affect bilateral ties Page 9
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    • 26 1 BRITISH companies are anticipating an upturn in sales and profits, says a new-style survey by the Confederation of British Industry Page 10
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    • 35 1 GERMAN software house SAP AG, whose regional office is running a thriving business from Singapore, plans to set up an office in Kuala Lumpur and expand its Hongkong outfit Page 15
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    • 31 1 DRAWN by the growing trade links between Northern Australia and Asia, Perkins Shipping is upgrading its fortnightly Darwin-Singapore service with a new and bigger ship. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 26 1 LONDON shares were higher at midday yesterday. At 1114 GMT, the broad-based FTSE 100-Share Index was up 24.3 points at 2,670.0, a record high.
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    • 38 1 NET EARNINGS at United Engineers for the six months that ended June this year plunged 74 per cent to $490,000 in spite of a 30 per cent rise in turnover to $48.2 million Page 3
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    • 26 1 NEWCOMER Genting International surpassed analysts' and brokers' expectations yesterday to emerge as the top active stock in the Singapore stock market. Page 3
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    • 28 1 IPOH GARDEN (Australia) Ltd is negotiating with the New South Wales state government for the restoration of the Walsh Bay wharves in Sydney Page 3
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    • 25 1 SENIOR regulators of Malaysia's booming stock exchange have called for tougher measures to curb fraud in the stock market Page 6
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    • 22 1 TOKYO is to take measures to counter an anticipated tight supply of funds for corporate capital investment Page 6
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    • Article, Illustration
      29 1 Monday Change BT-MGA 691.80 0.98 Kuala Lumpur ....559.09 +5.63 Tokyo 22,469.01 +133.14 Hongkong 4,023.54 +25.28 Sydney 1,537.5 -3.4 Friday Change New York 3,043.60 -6.04 London 2,645.7 +7.5
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    • 22 1 Exchange rates USS SS 1.7185 100 Yen SS 1.2558 MS SS 0.6171 Money market rates Overnight 5-3/8 +1/16 3-month 5-1/8% -1/16
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    • 38 1 London Gold AM fix USS347.60 USS+0.60 Rubber S'pore Oct.... 139.00Vkg -0.75 M'sia Oct 226.00*/kg -0.50 KL Tin Turnover 50 tonnes -10 Spot MS 15.15 /kg +0.02 Crude palm oM Turnover 958 lots -309 Sep MS800 /tonne +7
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  • 566 1  -  Bank dealers shifting business to interbank market By Chew Eng Han SINGAPORE The foreign exchange broking industry, after years of rapid expansion, is bracing itself for a slowdown. Worst hit are the brokers, who traditionally matchmake buyers and sellers mainly banks for a
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  • 336 1  -  By Lilian Ang SINGAPORE The general election result should reassure investors that the government continues to enjoy strong support from the majority of the population, said Deputy Prime Minister Lee Hsien Loong last night. Speaking at the centenary dinner of
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  • 456 1 SINGAPORE After achieving what could be described as a breakthrough in last Saturday's general election, the two major opposition parties are poised to work closer together, and possibly even merge in the long term. The Singapore Democratic Party's secretary-general, Chiam See Tong. told
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  • 370 1 Crisis in the Soviet Union Agencies MOSCOW Mikhail S Gorbachev and leaders of 10 Soviet republics closed ranks against hardliners yesterday, and proposed creating a loose federation that would strip the Kremlin of most of its responsibilities. The republics that endorse the
    Agencies  -  370 words
  • 515 1  -  By Lee Han Shih SINGAPORE Hongkong Land has agreed to sell almost HKSI.4 billion (*****.9 million) worth of "non-core" properties to a company controlled by tycoon Li Ka-shing and corporate raider Joseph Lau, a move seen by some as the company
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  • Page 1 Advertisements
    • 224 1 Nikon The World's Finest Photographic System. Arcraft Schedule 29 KLSE 23 Weather 29 Commodities 28 Money Changer Rates 29 World News 10.11 Company News 3,4 Money Market 27 For market indices, editorial, Cryptic Crossword 29 Regional News 9 advertising and crculation exEditorial 12 Regional Stock Markets 26 tensions, call Business
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    • 14 1 Commentary: What the voters were saying, Pg 12 A first for Shell, Pg 2
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    • 193 1 Nikonl Trie World s Finest Photographic System. Editorial, Pg 12 Soviet hankers, economists warn of financial collapse, Pg 11 Hutchison buys majority stake in German firm, Pg 4 Winners never gamble. They take educated risks. Because investing in the property market is a careful assessment of all the market conditions
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  • HOME NEWS
    • NEWS ROUNDUP
      • 77 2 TRANSPORT technologies of the future will be one of the main highlights of City Trans Asia 91, an urban and transport planning exhibition which will open on Sep 14. The show will also feature some of Singapore's plans for The Next Lap and liv ing
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      • 38 2 PRIME MINISTER Goh Chok Tong will receive a courtesy call from leaders of a delegation from Cebu, the Philippines, today. The group will call on Mr Goh this morning at the Istana.
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      • 84 2 THE Singapore Polytechnic will sign a cooperative agreement with a German institute today. The agreement with the Mannheim Institute of Technology aims to forge closer ties through staff and student exchanges, and the identification of opportunities for further studies in Germany. Staff from the Singapore
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      • 75 2 CREATIVE SOFTWARE, a local software development house, will be marketing its personnel and accounting programmes in Hongkong. The products will be launched this week at a trade show, the Singapore Software Exhibition. The show, which features home-grown software of international standard, is organised by the Trade
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      • 59 2 THE United Overseas Bank Group's 10th Painting of the Year Exhibition will be opened tomorrow at the National Museum Art Gallery. On display will be 12 prize-winning and 60 highly-commended paintings. These were selected by a five-member panel of judges from 510 entries submitted to
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    • 224 2 A SINGAPORE Electronic and Engineering Ltd (Seel) associate company is set to launch its training centre here next February. The Asia-Pacific Training and Simulation's (APTS) training centre will boast a C-130 simulator costing between $20 million and $25 million. The C-130 is
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    • 555 2  -  By Lilian Ang SHELL Singapore yesterday gained the distinction of becoming the first company to receive an award from the Singapore government for outstanding economic contributions to the Republic. The award, dubbed the Distinguished Partner in Progress Award, is also in recognition of
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    • 400 2  - A W puts in highest bid for food outlet at Changi Terminal II By Hong Lee Tiam A W has submitted the highest bid for the fast-food outlet at Changi Airport Terminal 2 with a tender that is some 40 per cent lower than the bid that won it the
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  • Page 2 Advertisements
    • 327 2 Computers and Communications you take a firm grip over your time-based phone charges. NEC A worid leader In computer and communications "*Jtechnologies. 'b n today s ce environment, the NEAX 2400 %> SDS/SDS-VS can provide you with a competitive edge with <c> 9j c D communications technologies, it allows you
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  • COMPANY NEWS 1
    • 403 3  -  By Genevieve Cua SINGAPORE United Engineers Ltd yesterday unveiled a dismal set of results foij the six months ended Ju«e this year as net earnings fell 74 per cent to $490,000 despite a 30 per cent rise in turnover to $48.2 million. [Profits fell
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    • 398 3  -  By Chew Eng Han SINGAPORE Investment holding company Aokam Tin Bhd (ATB) managed a rebound in the year ended June 30 from a year-earlier loss as its net earnings were boosted by contributions from a newly-acquired timber company, Pembagunan Papan Lapis
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    • 250 3  -  By Dexter Lee SINGAPORE Brickworks GRC MP Dr Wan Soon Bee has left the Keppel group to join national carrier Neptune Orient Lines (NOL). Yesterday, Dr Wan, who is also the chairman of NTUC Comfort, reported for work as NOL director
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    • 320 3 Bernama KUALA LUMPUR Ipoh Garden (Australia), following its success in architectural heritage restoration, is now negotiating with the New South Wales state government for the restoration of the Walsh Bay wharves in Sydney. An Australian High Commission statement said the Walsh
      Bernama  -  320 words
    • 362 3 MBT KUALA LUMPUR Innovest will use the gross proceeds of M 591.13 million from its divestment of restructured Wembley Activated Clay (WAC) to reduce finance charges resulting from the group's total borrowings of about M 5541.39 million. In a circular
      MBT  -  362 words
    • 341 3  -  By Magdalene Ng SINGAPORE Genting International Ltd (GIL), making its debut on Clob International yesterday, outperformed analysts' and brokers' expectations with sharp intraday gains. Brokers said the counter drew a fair amount of investor interest, making it the top most active
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    • 199 3 SINGAPORE Rig-builder Far East Levingston Shipbuilding has won itself a mil-lion-dollar bonus from US-based Santa Fe Drilling Operations Inc for successfully completing an oil-rig. In a statement yesterday, FELS announced that "in recognition of a job well done, Sante Fe is paying
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    • COMPANY BRIEFS
      • 82 3 SINGAPORE SHARES of Metro Holdings will be traded on a scripless basis beginning 10am on Friday. From then, purchases of Metro shares will be credited directly to the buyers' securities accounts. Sellers must have the shares in their securities accounts before transacting. Metro
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      • 44 3 SINGAPORE A director of FELS Consultancy Pte Ltd, Mr Siva Retnam yesterday exercised 30,000 Keppel share options at $2.02 each. FELS Consultancy is a subsidiary of Far East Levingston Shipbuilding Ltd, which is in turn a subsidiary of Keppel Corporation.
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      • 120 3 SINGAPORE Pacific Can Investment Holdings (PCIH) yesterday disclosed changes in the stakes of its substantial shareholders. KZ Investments Pte Ltd, a company in which Mr Low Hua Kin is deemed to have an interest, purchased 200,000 PCIH shares for $190,000 on Aug 30. The purchase raises
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    • 263 3  -  By < Chew Eng Han SINGAPORE Malaysian International Shipping Corp (MISC) said group net earnings rose 13 per cent to M 5259.32 million for the half-year ended June 30 from M 5229.53 million a year earlier. Its first half result, however, was 4.2 per
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    • COMPANY BRIEFS
      • 121 4 AUCKLAND Brewers Lion Nathan Ltd and Magnum Corp Ltd fell sharply in early New Zealand share trade after Magnum surprised the market late on Friday with a 39 per cent fall in 1990/91 net profit. Magnum was down 15 cents to NZ$2 (551.96) on
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      • 70 4 TOKYO Kyocera Corp has set up a subsidiary in Paris to increase sales of its cameras in France, a company spokesman said. Kyocera Yashica (France) SA, capitalised at 4 million French francs (551.15 million), is wholly owned by Yashica Kyocera, Kyocera's wholly-owned sales firm in
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      • 42 4 AMSTERDAM Philips Electronics NV and Dutch industrial supplier Schuttersveld Holding NV said Schuttersveld may take a stake in the plastics products division of Philips' PMF Groep. A Philips spokesman said the companies were studying several forms of cooperation.
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      • 66 4 DALLAS SCI-ROEV Texas Partners said it had acquired for US$l2O million (*****.2 million) 1.8 million sq ft of office space in seven buildings and eight other properties from NCNB Texas National Bank, a unit of the NCNB Corp. The company said the NCNB unit will
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    • 309 4  -  ABC Telekom is second major deal in Europe in less than two months From Catherine Ong in HONGKONG HUTCHISON Telecommunications has bought a majority stake in ABC Telekom, one of Germany's leading mobile communications retail companies, the Hongkong company controlled by tycoon Li
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    • 186 4 Reuter AMSTERDAM Philips Electronics said it has reached agreement with Yamaha Corp, Sharp Corp and Sanyo Electric Co Ltd of Japan to license production of its Digital Compact Cassette (DCC) system. This further extends the number of hardware manufacturers which have agreed to support
      Reuter  -  186 words
    • 260 4 Reuter LONDON Westland Group pic said it and International Business Machines Corp won an order from the British Royal Navy to supply the EH 101 Merlin, the next generation anti-submarine helicopter. Westland said the UK Ministry of Defence has indicated they intend to
      Reuter  -  260 words
    • 222 4 Reuter AUCKLAND Lion Nathan Ltd said it sold half its liquor manufacturing and distribution business operated by New Zealand Wines and Spirits Ltd to a joint venture of two British firms for NZ$6l million (Ss6l million). Grand Metropolitan pic unit International Distillers
      Reuter  -  222 words
    • 219 4 Reuter MILAN Montedison SpA said it was seeking union agreement to lay off 2,150 workers in its chemicals division Montecatini SpA to help the company meet tough international competition. A spokesman said the request for an accord on the lay-offs had
      Reuter  -  219 words
    • 226 4 Reuter LONDON A deal rumoured to be pending between British Steel pic and Germany's Hoesch AG would fit the UK company's expansion strategy, analysts said. "Strategically, it would be good for both," said an analyst, who declined to be named. A
      Reuter  -  226 words
  • Page 3 Advertisements
    • 305 3 Our Recipe For Success Makes Perfect Scents. First, take a spoonful of Sheraton Cuisine. It's our unique way of blending fresh natural ingredients with Asian spices to create H inflight, exotic and delicious dishes. TURBOT FILLET GRILLED WITH VEGETABLE VINEGRETTE Mix with I he Heritage restaurant for outstanding world- f
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  • Page 4 Advertisements
    • 406 4 f -|--n "ii-r •••■*&••>. '''i''ii >i'.'y <• Twin Waters Resort is for sale. 1. a new fully operational 374-room Resort Hotel. 3. Development land. You're looking at 336 hectares of development With both a central lagoon and beach frontage. Connecting the golf course with the Maroochy opportunity on the Sunshine
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  • Page 5 Advertisements
    • 44 5 'Jf Hfal j. ,V i\ j^lh Ai .-J&i K *t&!ffm>&*' 'Jb^A ■t*P* i Ma Jtw^ The Gtycophagus or common dust mite, magnified 625 times, thrives in dusty environments. I ONLY ONE LUXURY CAR IS SO ADVANCED IT EVEN CHECKS THE AIR YOU BREATHE I
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 91 6 MANAMA, Bahrain Management officials at Niscorp, a leading Abu Dhabi financial services company, have been interrogated about allegedly huge losses at the firm, Gulfbased banking sources reported on Sunday. Three senior expatriate Niscorp executives were interrogated by United Arab Emirates authorities about allegations that the
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      • 64 6 TOKYO Osaka prosecutors have raided at least one office of National Leasing Co Ltd, 100 per cent owned by Matsushita Electric Industrial Co Ltd, in connection with improper loan deals involving Osaka-based credit cooperative Toyo Shinkin Bank. Kyodo News Agency said National Leasing was raided just as
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      • 89 6 HONGKONG Hongkong trading giant Jardine Matheson Holdings Ltd has not made a decision whether to float its insurance broking unit, a company source said in response to a story in a British newspaper. The newspaper had said that Jardine was set to sell shares in its
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      • 75 6 LONDON Salomon Inc will be removed as lead manager of the US end of the UK government's £5 billion (5514.5 billion) sale of British Telecom (BT) shares, said a British newspaper on Sunday. The article gave no direct source for the information. It quoted
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      • 84 6 WELLINGTON Renouf Corp Ltd said the investment company's banks had agreed to extend a moratorium on its debt, which expired on Aug 31, until Dec 13. Renouf said in a statement that the short extension period reflected the banks' desire to closely monitor the realisation of
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      • 57 6 KARACHI Profits of leasing companies will probably rise sharply following Pakistan's permission to companies to issue certificates of investment. Aziz Patel, a member of the Karachi Stock Exchange, said the leasing companies would seek permission from the controller of capital issues before issuing the certificates,
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      • 50 6 WELLINGTON Plans to introduce futures and options contracts on the NZSE4O share index failed to gain the approval of an extraordinary meeting of the New Zealand Futures and Options Exchange, the NZFOE said. The meeting was held to consider proposed bylaws for the new contracts.
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    • 363 6 Call made amid probes into alleged insider trading Reuter KUALA LUMPUR Senior regulators of Malaysia's booming stock market yesterday called for tougher measures to stamp out growing corporate malpractice. "Cheating, manipulation, wheeling and dealing, asset stripping and share swapping have increasingly surfaced
      Reuter  -  363 words
    • 343 6 Reuter TOKYO Japanese ministries will take measures to counter an anticipated tight supply of funds for corporate capital investment, top government officials told parliament last Saturday. Finance Minister Ryutaro Hashimoto told a Lower House special committee probing the country's current spate of financial
      Reuter  -  343 words
    • 426 6 Reuter ISLAMABAD A multimillion dollar scandal involving financial cooperatives run by members of Pakistan's ruling party has put the government on the defensive. Benazir Bhutto yesterday started a two-day tour of Punjab cities to try to harness the anger of tens of thousands of small
      Reuter  -  426 words
    • 263 6 AP TOKYO A government official said yesterday thai dozens of the favoured tiients who received from brokerages did not fcf fer market losses, creating fche suspicion that a certain profit had been guaranteed, the me-* dia reported. Nobuhiko Matsuno, the
      AP  -  263 words
    • 799 6 MARKET TALK IHT HONGKONG The Hongkong Stock Exchange, long a web of hidden cross-interests, is to become much more transparent this week with the debut of two rules requiring public disclosure by large shareholders and company directors, and tougher penalties against insider
      IHT  -  799 words
  • Page 6 Advertisements
    • 165 6 Communicate Nevf Jife To A Kidney Patieni I d rHpol Key From July 18 to September 18, you can help us invest telephone system or digital PABX system you purchase, in a new life So open up new ines of commun j cat i on f or your As a
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  • Page 7 Advertisements
    • 433 7 To function at maximum efficiency every adult needs around a special option on the 730, the system ensures that every time This insistence on the exceptional rather than the ordinary 5)0 750 millilitres of fresh air every 4 seconds. A fact that you take a breath, you breathe only the
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  • Page 8 Advertisements
    • 329 8 Popping up on the bayfront L i i j i in wEBWy +r, w >" f* b MARINA BAYFRONT i £p<~ Marina Square's purpose-built office building is topping up today. We are proud to be associated with J... this prestigious project. :1 □lETHELM 9A sill: a& INDUSTRIES PTE. LTD. RYODEN
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  • THE REGION
    • 407 9 NST PERLIS Fifty foreign investors, including 20 from South Korea, will invest at least MS3OO million (SslB6 million) in Perlis to set up factories mainly at the Jejawi and Kuala Perlis industrial estates within the next two years. Mr Izham Omar, General Manager
      NST  -  407 words
    • 323 9 Reuter BANGKOK Indonesia says an editorial in a Thai newspaper charging Jakarta with human rights abuses in its Aceh province could seriously affect relations between their countries. "We deeply regret The Nation's judgement on human rights in Aceh, because they were not based
      Reuter  -  323 words
    • 278 9 AFP JAKARTA A total of 33 foreign and local firms have expressed interest in exploring for oil in the Timor Sea since July, when Indonesia opened bids for the area it jointly administers with Australia, the official Antara news agency said yesterday. Indonesia
      AFP  -  278 words
    • 245 9 AFP MANILA The Philippines cannot independently monitor the presence of nuclear weapons at US military installations in the country, Foreign Secretary Raul Manglapus admitted on Monday. Speaking at the first Senate hearing on a controversial new military Treaty with
      AFP  -  245 words
    • 380 9 Bernama TEHERAN Malaysia, concerned with the big drop in imports of its palm oil by Iran, has decided to give US$5OO,OOO (S$860,000) to an Iranian institute to carry out research on palm oil to allay doubts about the product among Iranian
      Bernama  -  380 words
    • NOTE BOOK
      • 96 9 SYDNEY Westpac Banking Corp said the government's forecast for Australian unemployment to peak at 10.75 per cent in 1991/92 to June 30 could be optimistic and instead predicted unemployment to peak close to 11 per cent in early 1992. Chief economist Bill
        96 words
      • 100 9 MANILA Philippine tax collection hit 58.09 billion pesos in the first half of 1991, 0.2 per cent short of the government target set earlier, the Internal Revenue Bureau said. However, it was an improvement over the 51.21 billion pesos in taxes collected in the first half
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      • 82 9 PERTH Australian industrialists here warned the government that misuse of laws designed to protect aboriginal sites is costing them millions of dollars in lost development projects, said an open letter to Western Australia's Labor Premier Carmen Lawrence. It was signed by the chief executives of
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      • 85 9 SEOUL Malaysia's King will make a state visit to South Korea next week and will meet President Roh Tae Woo, the government announced here yesterday. Sultan Azlan Shah and his wife will be here on Sep 12-16, the announcement said. The two countries are important
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  • Page 9 Advertisements
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  • THE WORLD 1
    • 298 10 But pessimism remains over employment prospects Reuter LONDON British companies expect next year to bring an upturn in sales and profits, but employment prospects in the country remain dire, according to a newstyle survey by the Confederation of British Industry (CBI). Carried out
      Reuter  -  298 words
    • 311 10 FT PARIS The French government is planning partially to privatise several state-con-trolled companies to help limit the 1992 budget deficit, which threatens to exceed the original target. Mr Pierre Beregovoy, the Finance Minister, said yesterday that, while a decision still had to be
      FT  -  311 words
    • 425 10 Highly skilled Soviet Jews and a high tech culture are selling points UPI JERUSALEM Headed for the peace table and dusting off its recent brushes with everything from hurled stones to Scud missiles, Israel is emerging as a promising investment frontier for foreign
      UPI  -  425 words
    • 328 10 Reuter DUBLIN Unemployment is soaring to its highest level in Ireland. And now even the traditional Irish safety valve of emigration has been reduced to a trickle. Recession has hit Britain and the US hard, torpedoing major markets for Ireland's export-oriented economy as well as
      Reuter  -  328 words
    • 271 10 AFP WARSAW Polish Prime Minister Jan Krzystof Bielecki will seek wider powers to push the country towards a full market economy, his spokesman said on Sunday.; Mr Bidecki, locked in a struggle with communists in Parliament, on Saturday provailed when the
      AFP  -  271 words
    • WORLD WATCH
      • 102 10 SEOUL Thanks to a major influx of European capital, foreign direct investment in South Korea from January to July more than doubled to US$l.O2 billion (551.75 billion), the Finance Ministry reported yesterday. The seven-month tally on an approval basis, involving 179 projects, represented
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      • 71 10 BEIJING Japan and North Korea failed to make any substantive progress during talks on setting up diplomatic ties that ended in the Chinese capital yesterday, but agreed to meet again in two months. The fourth round of talks was virtually identical in substance to the last
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      • 76 10 BONN The top eastern German member of Chancellor Helmut Kohl's conservative Christian Democratic Union has reportedly accused the party's western branch of pilfering its funds, widening a split in the ruling party. Lothar de Maiziere, the party vice-chairman from former East Germany, has accused the
        76 words
      • 61 10 TOKYO Japan has raised import quotas for some dairy products in the fiscal year ending March 31 next year to make up for low domestic stocks, an Agriculture Ministry official said yesterday. The primary butter import quota has been raised to 14,500 tonnes from 3,500 tonnes
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      • 49 10 TAIPEI Taiwan will open direct trading with North Korea and Cuba soon under its trade liberalisation policy, ViceEconomic Minister PK Chiang said yesterday. He cited a need to establish direct business links with Cuba, whose import market totals US$2O billion (5534.4 billion) a year*
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    • 598 11 Top officials showing distrust of Russian leader NYT fer I 'kennebunkport, Maine Bush administration officials have grown increasingly ambivalent about Russian President Boris Yeltsin in the two weeks since the •Kremlin coup, questioning sime of his actions and intentions and starting to critiJcjse him in
      NYT  -  598 words
    • 453 11 Reuter MOSCOW Soviet state bankers and economists say their country is bordering on financial collapse and warn that inflation could soar to 1,000 per cent in four months. The independent news agency Interfax said that the darnings have been voiced at official
      Reuter  -  453 words
    • 684 11 Crisis in the Soviet Union Reuter WASHINGTON With China and North Korea still holding fast to communism, US defence officials and analysts see little prospect for deep cuts in American forces stationed in the Pacific over the next five years. Despite the democratic revolution
      Reuter  -  684 words
  • Page 10 Advertisements
    • 811 10 II SEC H it SYSTEMS EDUCATION CENTRE (1983) PTE LTD I 1 Information Systems Planning (5 Days) I XI 23 27 September 1991 SsBoo.oo I w I At the end of the workshop, the participants should be able to I B |9g I appreciate the needs for a data orientated
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    • 326 10 Announcing > ''"J the world's only shaver with a rolling spiral blade. M To radically improve the electric shaver, Hitachi had to re-invent it. IVe began by creating the world's first rolling blade, which makes fast work of even the toughest beards. Twelve rapidly spinning spiral blades assure optimum efficiency
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  • Page 11 Advertisements
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  • 493 12 EDITORIAL BARELY six weeks ago, Mikhail Gorbachev made his historic trip to London to meet leaders of the world's seven richest nations and made an earnest appeal for aid. Then, the leaders of the G-7 nations, with a few notable exceptions, said they were not yet ready
    493 words
  • WHAT THE OTHERS SAY
    • 173 12 ONE factor will no doubt figure in post-mortems within the People's Action Party of last Saturday's General Election results: How to fight back and stem the opposition tide? Will those who lost stay to fight another day? Saturday's results showed that the opposition candidates who won voters' approval
      173 words
    • 112 12 THE results of the General Section last Saturday can only mean that voters want more opposition in Parliament. But there are also local factors that shaped their decisions. They want effective representatives to fight for their interests in Parliament and at constituency level. It is only right
      112 words
    • 202 12 THE People's Action Party is still strong, holding 77 seats in Parliament. Its position and its functions will not suffer any adverse effects. Not only have the majority of Singaporeans given it their support, among those who voted for the opposition are also many who decided to
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  • REGIONAL VIEWPOINTS
    • 140 12 PRINCE Norodom Sihanouk and Phnom Penh Prime Minister Hun Sen must have been confident when they announced that the 12-year-old war, which witnessed thousands of deaths, was over. The two leaders knew well that peace is in the offing partly due to their cooperation. It is
      140 words
    • 156 12 HISTORY will come full circle when British Prime Minister Mr John Major arrives in Beijing to sign the Memorandum of Understanding on the airport project. Nine Septembers ago, his predecessor Mrs Margaret Thatcher went to the Chinese capital to initiate negotiations on Hongkong that would two years
      156 words
    • 192 12 THE term "developed nation" usually conjures up images based on booming assembly lines and shipfilled harbours, technological innovations becoming common-place and workers with money. Things which Malaysia would welcome, but only if they are not accompanied by the downside expression of a fully developed society decadence
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  • 1097 12  -  Bread-and-butter issues won the day on Saturday, not woolly ideas such as a more gracious society, the Next Lap or consultative government, writes Agnes Chen Agnes Chen IF it weren't so tragic, it would be funny. I'm talking about Singapore's educated elite/liberals the university dons,
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  • Page 12 Advertisements
    • 131 12 Not in the head, we hope. You can't be if you've decided to computerise your operations. But you'd be nuts to hire someone for 3 to 4 months just to help you with your computer programs. What would he do after that? Twiddle his thumbs? At TST, we have the
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    • 9 12 The writer is the executive editor of Singapore Business
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  • Page 12 Miscellaneous
    • 27 12 DOONESBURY by garry trudeau \\...THB FIRST Qty CF SCHOOL--I \...T>e Mf HE-HCWZS B4CK I T&TPtPTOTteZMB&NCfmiM.. U 1 ootrr ujoßfcr, hpu, «wr worry, folks, uhovskk. ar WCRFy &OKA/.
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  • ANALYSIS
    • 1142 13  -  Bom Futuro, or Good Future, is the world's largest tin mine. But in early August, the Brazilian government closed the mine. James Brooke reports James Brooke NYT IN 1987, an Amazon woodcutter working on a wilderness ridge felled a massive tree. Reaching between
      NYT  -  1,142 words
    • 1315 13  -  Aditya Birla is India's top industrialist. Shirish Nadkarni reports from Bombay on the man who had everything, and still wanted more Shirish Nadkarni The writer is a Bombay-based journalist who contributes to BT I ATE in 1990, the pick of Bombay's intelligentsia and art-lovers
      1,315 words
    • 635 13  -  First there were fuzzy appliances. Now there are neuro-fuzzy ones. Elisabeth Zingg reports Elisabeth Zingg AFP Following last year's success of the thinking appliance with its "fuzzy" technology, the newest rage among Japanese consumers is the "neuro-fuzzy" appliance the latest example of US technology
      AFP  -  635 words
  • Page 13 Advertisements
    • 185 13 THE GLOBE BUILT TO CRITICAL STANDARDS I wa,er ea,ure at entrance focuses A Landmark in Design Functional Technology mtmmm- ""f^ 1 ww- Devetoper 10 i S'A*. ft V«tF' I J VT. Jethanand Realty (S) Pte Ltd i «c» 139 Cecil Street #05-01, Cecil House 4i Singapore 0106 Telephone 222 7878
      185 words

  • Page 14 Advertisements
    • 260 14 > < jt-, »v. *n- 1 «•>V f, v- What's Better J It #4$ '$**;><•• -v X For Them is Better aSSffel: :'v t -w •-v v*-' •-*.>«» 4 4 'vi.-,-* 1 FOR YOU. > ■-.•**•'*<'.■: A v t.. y- > ,> Sr+ < v'-- V" > 4 f M*
      260 words

  • INNOVATION & TECHNOLOGY
    • 735 15 German software house plans to expand presence in region German software house SAP AG until recently had not planned on being a player in Asia-Pacific. Today, its regional office is running a thriving business from Singapore. Business from the Southeast Asian market, valued at
      735 words
    • 226 15 jj»-v m IDING on the growBig demand for computer products •catering for the Asian marEfcet, Hewlett-Packard (HP) unveiled a Japanese lan■•tfuage printer, HP DeskJet 500 J. The printer was developed and manufactured for the Japanese market by the Asia Peripherals Division (APD) in HP Singapore.
      226 words
    • 634 15 NYT Tinkering with lasers as windows into chemical reactions has yielded a potentially major advance in computer science for Professor Peter Rentzepis. The chemistry professor and researcher at the University of California at Irvine has invented a laser-based device that can store 6.5
      NYT  -  634 words
    • TECH TAKES
      • 60 15 COMPAQ Computer Corp has signed alliances with 15 hardware, software and operating systems companies to provide technical support to shared customers. Tlie technical support alliances will allow for simplified troubleshooting for customers with multivendor computer networks. Among the companies signing up with
        60 words
      • 108 15 IPC TECHNOLOGY has made its first foray into the server market. Called the *****, these servers are central computers that link several smaller systems into a network. IPC has launched these systems by having licensed the technology from Norwegian-based Dolphin Server Technology SA. The system
        108 words
  • Page 15 Advertisements
    • 336 15 NOTICES N THE MATTER OF THE COMPANIES ACT, CAP 50 AND W THE MATTER OF HONQ FA MINI-MART PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of Hong Fa MM- Mart Pte Ltd duly convened and held at 0k 334, Kreta Ayer Road #03-06,
      336 words
    • 162 15 H OKACHI FUTURES PTE LTD (wholly-owned by OKACHI AND CO LTD (Japan) which is a full clearing member of all Japanese commodity exchanges) ;|i| CORPORATE MEMBER OF SIMEX GUARANTEE BROKER OF RUBBER ASSOCIATION OF SINGAPORE invites all corporate and individual investors to join us. f 12,000 yen commission (round turn)
      162 words
    • 287 15 J I flH| t L w smieM M HP^ I w rr/ I m r vl > j 3 'djT i fi v y Mil C£ 2r v m-niL You don't need financial training or a Lotus I*2*3 spreadsheet m package to figure out that 556,440 less 553,850 is 552,590.
      287 words

  • 1006 16  -  The BCCI scandal has given fresh angles to old issues in the banking industry. Bernd Debusmann examines the question of how to monitor offshore banking centres which provide secretive financial services while Martin Tolchin reports on another case illustrating why political connections and good
    Reuter  -  1,006 words
  • 933 16 NYT BANK of Credit and Commerce International last year forgave a US$l5O,OOO (*****,000) loan to Andrew Young's dormant consulting firm, freeing him from a personal obligation to make U5532,000 in annual payments on interest and principal, Mr Young, the former mayor of Atlanta,
    NYT  -  933 words
  • Page 16 Advertisements
    • 263 16 OFFICIAL OPENING OF THE ce^Tuu EXPRESSWAY TUNNEL A historic event like this will naturally generate a lot of public interest. And Singapore's two main dailies The Straits Times and Lianhe Zaobao will see to it that readers get to know all there is to know about the new CTE. The
      263 words
    • 50 16 In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you .....where the American Express® Card is always welcome. hospiuble reception Membership Has Its Privileges SHANGRI-LA INTERNATIONAL HByMraSrS hotels resorts Don't leave home without it* BALL BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA KINABALU KUALA LUMPUR PENANG SHANGHAI SINGAPORE
      50 words

  • Page 17 Advertisements
    • 208 17 (What leading industry consultants are saying about NCR's System3ooo/ ■■NCR has demonstrated an unmatched commitment to standards, competitive pricing, network management and distributed systems. The company backs its direction with firm financial footing and credible service and support. J J Forrester Research Probes sudl'as Kf SScoa how to deploy new
      208 words

  • Page 18 Advertisements
    • 825 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to lO.OOipm daily. A MEMBER Of
      825 words
    • 348 18 The GEORGE ROBERT All Stars Quartet jazz group at the Kaabah m Thequartet, formed by Swiss saxophonist Qeorge fßoben to commimorale the 700 th annlversery of Aain TE- r Switxertsnd on a tour around the world, comprises ,our 9*ustciai*s: Qeorg* Robert (saxophone. clarinet sna composer). Edgardo "Dado" Moroni (piano). Isla
      348 words
  • Page 18 Miscellaneous
    • 708 18 TELEVISION AND RADIO 1 "t- it"" iirtu- mn nT 'i m|Oa h Minim f<n my runii nniuii'ivnimin mm**' h mam in on" iiliiinraiWir J i*nr|rtn^'ftiinirrffOffrwi^-ia»PWimmr.[Wl»mn>linnr»miMMßWnniWMWWNr T T J- r "sicii 7mm, '»!**'*—9 (Comedy). buswms on radio I—l /"Vt Tn l*/\ i,„- ,-i iiiir,iiiiiiiM.itf.Ki<fiift? < J*JJ J jhprlmji'WL j|. jßfißHßßffllj,-, -r,
      708 words

  • LIFESTYLE
    • 1436 19  -  What do Hollywood's writers do when they face a writer's block? For the members of the Writers Guild of America, they simply connect to their electronic bulletin. Neal Koch speaks to several writers on Neal Koch NYT WHEN Ernest Lehman stayed at the Savoy in London last
      NYT  -  1,436 words
    • 252 19 CHATTERBOX THE Jim Henson Memorial and Muppet Museum opened last week in Leland on the banks of Deer Creek in Mississippi where Henson played as a boy among the friends and fauna that were to give him the background for his world of Muppet
      252 words
  • Page 19 Advertisements
    • 188 19 AND ENTERTAIN »"a< ~r\_ Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfiin. Every Monday to Saturday A Happy Hours: 6 to 9 pm (one for one special) SINGAPORE 16 Nassm HM. Singapore 1025 Telephone (65) 732 1222 A GREAT SUPPER IDEA Calling all nightbirds!
      188 words
    • 182 19 An Italian Plain Rendezvous At The I pTOtf Cafe Aladdin! r""rt CiOrs f Sample unlimited servings of Italian J specialties for lunch and dinner at our J jflHf H I I flf rVnjj extensive buffet counter, from 26 Augusi j itg B .h|Jw to 15 September 1991. OaT) With spreads
      182 words

  • SPORTS
    • 469 20 US Open AP NEW YORK Jennifer Capriati routed Jo Durie, a Briton more than twice her age, 6-1, 6-2 in 52 minutes on Sunday, moving into the US Open quarter-finals for a showdown with defending champion Gabriela Sabatini. At 15 years, five months, Capriati figures she's got
      AP  -  469 words
    • 272 20 UPI NEW YORK If winners were decided strictly by physical ability, Goran Ivanisevic would be a champion. Sadly, he may never be. In Sunday's fourth-round loss to Ivan Lendl, Ivanisevic showed both his talent and his failings. The 20-year-old Yugoslavian belted 21 aces, often out-steadied
      UPI  -  272 words
    • 284 20 NYT TOKYO The World Track and Field Championships ended on Sunday with another entertaining performance by US athletes, but probably more important, with a v ision of the future for the sport, as dictated by political events worldwide. For the third time during the eight-day
      NYT  -  284 words
    • SIDE LINES
      • 109 20 VANCOUVER, British Columbia Michael Andretti made several daring passes to overcome an earlier stall in the pits and win the Vancouver Molson-Indy on Sunday. Andretti's fifth victory of the season equalled his career best and cut Bobby Rahal's lead in the CART PPG Cup championship race
        109 words
      • 108 20 FRANKLIN, Wisconsin Being behind made all the difference to Mark Brooks, who snatched a one-stroke victory in his battle with fellow-American Robert Gamez at the Greater Milwaukee Open on Sunday. The co-leaders were tied at 19-under par after 15 holes of their final rounds but Brooks was
        108 words
      • 110 20 TADWORTH, England Australian Mike Harwood climbed out of a bunker at the last hole to shoot a record* equalling course record 65 and win the U*****,000 European Open golf title at Walton Heath on Sunday. Harwood's bunker shot took him to within three feet of the
        110 words
      • 79 20 SPRINGFIELD, Illinois Pat Bradley finished with birdies on the final two holes to erase Laura Davies' five-stroke lead and pull even at 12 under par in the LPGA Rail Charity Classic. Bradley had seven birdies on Sunday, an eagle and two bogeys for a 7-under-par 65 in
        79 words
      • 108 20 INDIANAPOLIS George Archer made it three-straight days of record-setting golf on Sunday to win the U*****,000 GTE North Senior Classic. Archer fired a 5-under-par 67 at the Broadmoor Country Club to out-shoot Dale Douglass by one stroke. Archer, a winner once and a three-time runner-up on the
        108 words
  • Page 20 Advertisements
    • 261 20 R What has golf got to do with your business a, 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
      261 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 865 21  -  By Sylvia Wong MOST INVESTORS, especially institutions, returned to the sidelines to take stock of the situation after last Saturday's General Election. There was some profit-taking but volume was down sharply from last Friday. The local stock market also ignored the leads of foreign
      865 words
    • 3811 21 IQoi t.i Gf Grs Hioh i«- f. n v ®l Day Last Quote Div Db YTd Net M Cm High Low Code Company Sale +or- (WO) High Low Buyer Seller CVr P/E Smil INDUSTRIAL I COMMERCIAL ~285 162 1000 Acma 204 9 206 204 200 209 I0.0N L5 *9 115
      3,811 words

  • 4077 22 Main Board Roth Inds SO* 583 +35 +6.4% OCBC Foreign 1130 +30 +2.7* DBS 1210 +20 +1.7% Spore BusF 500 685 +20 +3.0% Sing Inv A Fin 209 +17 +8.9% Jurong Ship 50* 920 +15 +1.7% Semb Shipyard 720 +15 2.1% Spore Bus 500 645
    4,077 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 852 23 Bernama MBT SHARE PRICES on the Kuala Lumpur stock market closed higher for the third straight day yesterday on the back of a technical rebound which started last Thursday. The KLSE Composite Index put on 5.63 points to 559.09 while the Industrials Index was
      Bernama; MBT  -  852 words
    • 3351 23 1991 Last Vol Day Net Cap High Low Company Sale TOO High Low P/E Sart INDUSTRIALS 245 165 AISB SO* 199 -4 37 199 196 41.5 204.1 560 310 ASM 50* 412 -6 232 422 412 36.8 1691.1 600 2SO Ackfchem 520 10 61 520 510 223.6 685 192 Ajinomoto
      3,351 words
  • Page 23 Advertisements
    • 180 23 WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! SsB7 (Surface mail) Ssl3s (Airmail) j Address: I pff jßPepMbte Company: Designation: II _w' r H need Enclosed is a cheque/draft no for S$ HPKT^J I li Pr\ft ft made payable to Times Periodicals Pte Ltd. JgT 3 "*1
      180 words

  • BT SHARE INFORMATION SERVICE
    • 176 24 Cwmy Date Y«ar firm* N«t Net Mrainp (rtu mh to prtflt/toM (L) put Oar* «vMm4 ('•M) (c«rts) Atel Htdgs Aug 26 Mar 91 5461 ($1,085 2.3(5.4) 6(6) MatayawiU Aug 26 Mar 91 M$50,395($31.216) 37.5(46.5) 7.5TE(2TE) Pelang. Aug 26 Mar 91 M$14.556($8.680 9(5.4) 10(75a) Sd Dredg Aug 26 Mar
      176 words
    • 144 24 C—p—T Data Yaar Oraap pra-tax Nat aaraiagt Oraaa aaa to praftt/lass (L) par akara iKIini (••00) (caats) C Storage Aug 29 Jun 91 $28,680 ($41.302) 13.6(18.6) 13(10 7a) Rattmn inds Aug 29 Jun 91 $66.877($53.135) 399(31.6) 65(76) Tank Cement Aug 27 Jun 91 M$41,724(137,040) 28(24.8) 17.5(15.2) M Banking
      144 words
    • 619 24 Date HaM-jraar Creep pre-tax hrtartai aaa ta preftt/laa* (L) tfhMaatf CtH) Spore Bus Sep 1 Jun 91 149,024(125,116) 5(-) SAL Aug 31 .ton 91 $3.552($2.168) Apoflo Aug 31 Jun 91 J2.5*4(J734) Wraco Aug 30 Jun 91 $9,653($9,318) Cathay Pacific Aug 30 Jun 91 HK$1.315d($1.596d) 52.5(52.5) 5 Reinsurance Au|
      619 words
    • 331 24 Aug 30 En Tan Sang Malaysian subsidiary, Satria Sewira, has agreed to buy a piece of freehold land in the Mukim and District of Bentont Pahang from a cooperative society, Koperasi Taman Genting Bhd for MJl9m (SSll.7m). Malayan Banking Bhd will establish trade centres at several key branch
      331 words
    • 878 24 Cotn* Ei Ma Ma Tctatf far Tafert far pajmiat Mi cfaM payaMa ii ywv faat jtm MN Ann M (ID 2H(I) Ami 27 NYA Sap 9 28* 51* Mn Mfax Nc 6*(b) Sep 4 Sap 16 Sap 30 H 6% Mm 2k »TE(I) Oct 14 Oct 24 Nov
      878 words
    • 268 24 Mm One-tor (our MS2 00 por Ave Eitor Jul li Bods dose: U 30 Acceptance t Payment Sap 10 Ml Hjrf Four-tor-to a MSO 65 per Ave Ex-tor M 25 Boots do*: Am I Acceptance 4 Payment Sep 17 ft* bp One-tor two SO 80 per Start Ei-Me:
      268 words
    • 721 24 BONDS, LOANS WARRANTS Can*My Cm ai liti p*M CaniBMlan tana tor aaa artoraor atora W Before 30/6/84 1 warrant pto HK$100 cash. C4C m Before 26/4/93 1 warrrt plus (3 09 cart. C-HI) Lara II Cmmmy to 2/10/89 to 20/10/94 1 warrant pin 90.77 cart or 1 warrant pte 10.77
      721 words
    • 572 24 Ml fK lmi One-tor-two ***** par share M—a Tacfc One-tor-one >1.00 par stare. BaMea Issue of S90 97Sm nominal amount of o.3» reoecmaoe unsecured uuBraneeo Bonds 1991/96 with 45 «9m detacfcebk warrants on to bass of 12 nomral amount of Bonds tor every three eustanf shares Mi Every
      572 words
    • 302 24 Last Fal Year Cmmr PvM Mt Tmt N* IPS ton M ■kmc* «*f (cab) praft (TW9) totem Apr 27 JU 91 116 20.0TE(«) 31.911 SpraLari Interim fey 4 Dec 91 12J 10.0 U,M1(|) Tem Mm Inter WD Aug 2 Occ 91 48 5.0 385 Stag ta* I Fta
      302 words
    • 823 24 Pricas«at i2.tt.tl CiwihIib Imrm Hmtmtf L#y Hmmmt OpUaaal** Cm m JSv C«w Exar Lastk tab Cart luaa Oaariag, Nte Mtta ■•its) *twk ralto pries m 1 Laft J I Bur* 115.2 0 160 0.870 1.00 1 00 73 4.19 30/06/94 3; C*C Wt 37.5 2.430 5.400
      823 words
    • 404 24 Mat** (S) LM: 22nd AGM at 182 Parian Loop, Sir«apore 0512 on Tuesday, Sep 3, at 3pm. Em Ya Sa« HM* LM: EGM at 38 Kim Tan Road, #03-00, Kim Tan Plan, Singapore 0316 on Wednesday, Sep 4, at 11am. FNA Metal Baa BM 16th AGM at the
      404 words
    • 180 24 RECORD HIGHS LOWS BT Composite Indox ST Mistrials Indox 1991 to* 1565.58 (3/6/91) 1991 la* 1333.08 (3/6/91) 1991 lmr 1149.08 (16/1/91) 1991IMr 1022.52 (16/1/91) 1990 M* 1607.12 (27/3/90) 1990 N* 1435.43 (16/7/90) 1990 tow: 1079.50 (11/10/90) 1990 tow 981.07 (09/11/90) 1909 1487.76 (26/12/19) 1919 to* 1322.00 (28/12/89) 1989 tow 1030.69
      180 words
  • Page 24 Advertisements
    • 226 24 NOTICE IN THE MATTES OF THE COMPANIES ACT CAP N AND IN THE MATTES OP ALPHA INDUSTRIAL COMMERCIAL CREDIT PTE LTD (la Men ben' Vetutery UqaMattoa) NOTICE OP FINAL MEETING NOTICE IS HEREBY OIVEN pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the
      226 words

  • TOKYO STOCK EXCHANGE
    • 2209 25 Reuter TOKYO STOCKS closed higher for the third straight day yesterday. Strong bond markets revived hopes in the afternoon for lower interest rates after the market spent most of the morning lower on profit-taking and arbitrage unwinding. Brokers said overall sentiment was to
      Reuter  -  2,209 words
  • STOCK EXCHANGE OF HONGKONG
    • 1839 25 Reuter HONGKONG STOCKS, alternately bolstered by cautious optimism and pared by creeping nervousness, ended higher yesterday in choppy trade. Share prices swung in slim ranges in tandem with shifting sentiment regarding British Prime Minister John Major's trip to Beijing, which began yesterday. "All eyes
      Reuter  -  1,839 words
  • Page 25 Advertisements

  • REGIONAL STOCK MARKETS
    • Thai stocks continue to climb
      • 805 26 THE Thai stock market started the week with a strong rise of share prices and heavy trade while investors gained higher confidence as the country prepared for next month's World Bank/IMF meeting, brokers said. "It is a continued bullish trend from last week," said Chutchaval Than varachon, senior sales
        805 words
      • 769 26 AUSTRALIAN shares drifted aimlessly yesterday, closing barely lower as investors remained in the wings digesting the spate of poor corporate earnings. "There's not a lot happening, it's a pretty disappointing day," Baring Securities broker Bruce Rolph said. Brokers said a holiday in the US left investors floundering for leads
        769 words
      • 726 26 THE Jakarta Stock Exchange yesterday revived slightly from a gloom caused by the downward revision of profit esti- mates by a leading textile company, brokers said. The market index closed at 303.50, a rise of 2.52 points. Total turnover was 4.18 million shares. But brokers said Argo Pantes, which
        726 words
      • 545 26 PHILIPPINE shares closed little changed yesterday as traders suspended aggressive moves and watched closely the opening of one-week Senate debates on the new US military bases agreement. Manila's composite index eased 2.28 points to 1,015.27 from Friday's 1,017.55. But many of the speculative non-index stocks rose slightly, outnumbering the
        545 words
      • 476 26 TAIWAN'S stock index surged 2.9 per cent yesterday on hopes that the central bank will allow a fall in short-term interest rates, brokers said. The weighted index ended 130.15 points higher at 4,673.68 compared with Saturday's 4,543.53 close. Turnover climbed to NT527.9 billion from NT$22 billion. A report in
        476 words
      • 782 26 SEOUL stocks slumped from the opening bell yesterday on news of rising inflation and rumours that some small companies faced financial difficulties, but a late rebound clawed back the worst of the losses in extremely slow and thin trading, brokers said. The composite stock index partially recovered from a
        782 words
      • 255 26 FALLS in the share prices of brewers Magnum Corp and, to a lesser extent, Lion Nathan took the New Zealand market lower in very quiet trade yesterday. Overall, however, the picture was not quite as bleak as most leading stocks steadied and a number of second liners showed
        255 words
      • 415 26 Ooac Pitfto» Ss»2 AUSTRALIA All Ordinaries Index 1,537.5 1540.9 -3.4 All Industrials Index 2,359.0 2359.1 -0.1 All Resources Index 907.3 912.6 -5.3 Turnover (million) 56.6 105.9 -49.3 BANGKOK SET Index 723.08 705.65 +17.43 Turnover (billion baht) 5.49 4.26 +1.23 JAKARTA Composite Index 303.50 300.98 2.52 MAMLA Composite Index 1,015.27 1,017.55
        415 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 857 27 REPORTS ASU I okyo: WITH New York dealers off on the Labor Day holiday yesterday, Asian activity stalled, leav ing the US dollar in a tight 136.81-85 yen band during Tokyo trading hours. "It's terrible, historically terrible," said Jiro Kato,
      857 words
    • 388 27 Cross rates USS S$ M$ Dm Yen SFr AS NZ$ US$ 1.7240 2.7860 1.7480 136.80 0.5947 1.5285 1.2747 1.7422 SS 0.5800 1.6160 1.0139 79.3503 0.3450 0.8866 0.7394 1.0105 MS 0.3589 0.62 0.6274 49.1027 0.2135 0.5486 0.4575 0.6253 Dm 0.5721 0.9863 1.5938 78.26 0.3402 0.8744 0.7292 0.9967 Yen
      388 words
    • 530 27 Interbank rates SS Bid Offer Overnight 5 3/8 5 1/2 1-month 5 1/8 5 1/4 2-month 5 1/8 5 1/4 3-month 5 1/8 5 1/4 Overnight mode: 5-1/8 L'SS Bid Offer 7 days 5 5/8 5 3/4 1 month 5 5/8 5 3/4 2 months 5 5/8 5
      530 words
    • 625 27 NYT NEW YORK In the long run. one of the casualties of the demise of communism in what was the Soviet Union could be the American dollar. The greenback will no longer have the bogeyman of communism to chase frantic investors its way.
      NYT  -  625 words
    • 189 27 Reuter GREENWICH, Connecticut Mutual funds are attracting older, more conservative investors who are transferring assets from certificates of deposit, insurance company annuities and fixed-income investments, according to a new stockbroker survey. National Securities and Research Corp of Greenwich said about 68 of the 100
      Reuter  -  189 words
    • 1077 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 94.27 94.29 94.27 94.29 1031 ***** 1592 Dec 91 93.97 94.00 93.97 93.99 3347 ***** 9045 Mar 92 93.99 94.02 93.99 94.01 1925 ***** 3161 Jun 92 93.71 93.72 93.70 93.72 350 2658 633 Sep 92
      1,077 words
  • Page 27 Advertisements

  • COMMODITIES
    • 395 28 NYT LONDON The Soviet Union's acting Oil Minister has lowered the estimate of his country's oil production for this year, feeding a growing nervousness among Western analysts that global oil supplies could be extremely tight this winter. Nobody is predicting serious shortages; oil
      NYT  -  395 words
    • 331 28 Reuter LONDON Canada has decided to leave the International Coffee Organisation (ICO) as of Oct 1, due to financial considerations, an ICO spokesman said. "The reason given was tight fiscal conditions in Canada which necessitated a very careful review of all expenditures," one
      Reuter  -  331 words
    • 842 28 REPORTS BUSINESS on the Kuala Lumpur Tin Market yester- day was done at Ml5.15 per kg (ex-smelter), up two sen from Friday on an official offering of 50 tonnes. Tin futures closed higher as gains on the physical market and the
      842 words
  • 1346 28 Rubber sep2 S cents/kg Noon n Close Int 1 RSS Prompt 138.00/139.00N 138.00/ 139.00N C Int 1 RSS Oct *1 139.00/139.50 139.00/139.50 N Int 1 RSS Nov 140.00/140.50 140.00/140.50 q Int 2 RSS OP 137.50/I39.50N 137.50/139. SON f Int 3 RSS OP 136.50/138.50N 136.50/138.50N <- Int 4 RSS OP
    1,346 words
  • Page 28 Advertisements
    • 674 28 business times TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OP THE COMPANIES ACT, CAP. M AND IN THE MATTER OP PAtUH COMMUNICATIONS (8) PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary Oeneral Meeting of the Members of the abovenamed company, duly convened and held at 89 Short
      674 words
    • 675 28 MINE MATTER OF THE COMP AMES ACT, CAP. N TAN KAT SWAN PIE. LASTED |N VOLUNTARY UQUOADO* At an Ejorsordhery General Mi ling of to members of TAN KAY SWAN PTE. LilfTEOdJy convma too hm u dK cjq Yishun Ring Road fOI-1080, Singapore 0104 on the 30 day of August
      675 words
    • 8 28 Innovation Technology in BT every Tuesday 4- 1
      8 words

  • 1131 29 City Flight EM Fltgtrt ETD PtoW GA893 1025 GA892 QUO MllaHl SQ228 2000 QF82 2200 RJ183 0030 kmttriam GA893 1025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 kmc*tm4 N235 1550 SQ388 2015 NZ36 2330 GA525/ 910 1755 ■aaiarSfi SQ181 1410 SQ182
    1,131 words
  • THE TRAVEL PAGE
    • 451 29  -  LETTER FROM COLOMBO By Minoli de Soysa SRI LANKA's oncelucrative tourism industry, set back by the Gulf War and hindered by a continuing civil conflict in the north and east of the Indian Ocean island, may be headed for a resurgence. Projects are underway to
      451 words
    • 150 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3424 1.3339 Canadian dollar 1.4905 1.5133 NZ dollar 0.9757 0.9905 Sterling pound 2.8825 2.9070 US dollar 1.7165 1.7210 Local dollars to 100 anits of foreign currency Austrian schilling 13.83 14.04
      150 words
    • 56 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Ttf SePM tSSSZL Ne,heriands torr** *****5591 Sep 4-7 Cattle A** -91 Bangkok Conference *****66 Furniture Fair Nederlandse Intl Beef Exhibition Jaarbeurs Dairy Cattle Management Sep 3-8 Furniture and Helsinki. The Finnish Fair *****5091 Equipment* Services Interior Finland Corporation
      56 words
  • Page 29 Advertisements
    • 49 29 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Europe from start to Finnish. Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      49 words
    • 42 29 The Lions have failed to qualify for the Malaysia Cup. Why? What should be \fl %tt? done now? \m Il\% 4 Questions that \-j will be answered 'J in a three-part \\jJ »»s. SWing ¥>•*** NEW, NEWS, NEWSY From lunch-time Monday to Saturday.
      42 words
  • Page 29 Miscellaneous
    • 277 29 7 The good hand a good ||^L_JHL_ play deserves (4,5) P 1 j 8 A private coach? (5) LhJ 10 He makes an offer to support Rose somehow (8) 11 Du Maurier's novel head- 1111 I I I i I I gear H| Hi 12 Made processed cheese (4) 13
      277 words
    • 213 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 28.9 Assoc humidity 77% Minimum temperature 23.5 Assoc humidity 100% Hours of sunshine 2.80 Rainfall in mm 24.0 Rainfall this month 28.0 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 31/24
      213 words
    • 33 29 EJSO f DON'T CHOLO POUCH IT COSTS B>L)T I'D Lt*P I Tb uose so pounds op uglv fptt *nd Rcouiee. \"Tn \Plught g>old£n tan by rue oo or the u>egx.... STAMOAJtOCO.LTO, IMMWt J
      33 words

  • 475 30  -  Market will grow by US$ 180b by '95: study By Harish Mehta SINGAPORE Singapore, Thailand and the Philippines are expected to garner a smaller share of a US$lBO.2 billion (about Ss3lo billion) increase in the size of the Asean market that is
    Source: Business International  -  475 words
  • 381 30 Reuter HANOI Vietnam will soon set up its first foreign exchange trading centre in Ho Chi Minh City in a new move towards a market economy, a local news bulletin said. Vietnam's state bank (central bank), commercial, investment and development banks,
    Reuter  -  381 words
  • 379 30  -  By Kenneth James SINGAPORE Asean needs to take an "activistic" role in larger regional groupings because staying passive could lead to conflict and weaker economic ties among the Asean countries, participants at a regional symposium heard yesterday. Economist Tan Kong Yam
    379 words
  • 95 30 Bernama KUALA LUMPUR Foreigners may be allowed to take up shares during the initial public issue exercise, if there is a likelihood that such an issue would be undersubscribed, the executive chairman of the Kuala Lumpur Stock Exchange, Nik Mohamed Din Datuk
    Bernama  -  95 words
  • 184 30 Reuter BEIJING British Prime Minister John Major, saying it was time to end China's international isolation, began a three-day visit to the country yesterday by reviewing troops in Tiananmen Square where the army had crushed pro-democracy protests two years ago. Mr Major
    Reuter  -  184 words
  • 239 30 The BCCI collapse Reuter HONGKONG THe High Court yesterday approved a conditional sale of the local arm of Bank of Credit and Commerce International (BCCI) to Indonesian-based Lippo Group, provisional liquidator Noel Gleeson said. But he said the agreement struck with
    Reuter  -  239 words
  • 748 30  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this comment first appeared AS the Soviet Union struggles on the brink of economic collapse and political dissolution, the urgent question facing the US
    748 words
  • 161 30 MELBOURNE A Malaysian national has become the first person to be convicted of insider trading in Australia. The Melbourne County Court yesterday sentenced Teh Kian Lang, a former accountant with the National Companies and Securities Commission (NCSC), to three months in jail. Teh, 33,
    161 words
  • Page 30 Advertisements
    • 83 30 M. Baume Mercier GENEVE 1830 A CANADIAN EDUCATION IN SINGAPORE: from Grade 9 to OAC Level Canadian Overseas College Is fully-accredited by the Ministry of Education in Ontario, Canada and is registered with the Ministry of Education. Singapore. The School is fully stalled by certified Canadian teachers. Canadian Overseas College
      83 words
    • 13 30 KL panel wants stronger measures to curb fraud, Pg 6 Focus, Pg 16
      13 words
    • 182 30 Baume Mercier GENEVE 1830 Free body fat composition S...when you register now for a weight-loss and inch-loss programme at no extra cost Results are guaranteed. This scientific computerised test will indicate exactly your body fat percentage, lean (muscle) body weight, basal metabolic rate, the fat and weight you need to
      182 words

  • Shipping Times
    • 369 31  -  By Dexter Lee SINGAPORE Drawn by the growing trade links between Northern Australia and Asia, Perkins Shipping is upgrading its fortnightly Dar-win-Singapore service with a new and bigger ship. The Darwin-based shipping line intends to replace the Markham Bay, which has been
      369 words
    • 204 31 AFP HONGKONG Hongkong will go full-steam ahead with its multi-million dollar airport project as China and Britain prepare to sign the deal's final agreement, Governor Sir David Wilson said yesterday. Sir David made the comment as he left for Beijing to join
      AFP  -  204 words
    • 166 31 Asia-Pacific Mobile Communications UK-BASED symposia organiser International Business Communications is hosting its first conference in Singapore after setting up its regional headquarters here early this year. The two-day conference at the Oriental Hotel on the development of mobile communications in the Asia-Pacific has drawn some
      166 words
    • 197 31 UPI NICOSIA Banque Indosuez reportedly reached an agreement last week with the Manama-based Gulf Air to lead the financing of 12 Airbus passenger planes, due for delivery over the next three years, an oil publication said. The Middle East Economic Survey said
      UPI  -  197 words
    • 227 31  -  By Rahita Elias SINGAPORE National carrier Neptune Orient Lines (NOL) and the Port of Singapore Authority (PSA) have renewed their Appropriated Berth Agreement for another two years. The new agreement, which enables the carrier to enjoy berthing priority and volume discount
      227 words
    • 898 31 Page Col ABC Containerline 12 1 Aeropak 16 1 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
      898 words
    • 429 31  -  By Magdalene Phang SINGAPORE Local software house IPACS Computer Services clinched an Asia-Pa-cific distribution contract to market airline systems developed by Italian carrier Alitalia. The agreement was signed last month between IPACS, represented by managing director Mr Wong Sing Lam, and Alidata, the software
      429 words
    • NEWS SUMMARY
    • LOG BOOK
      • 70 32 LONDON Evergreen's subsidiary Uniglory Marine Corp, has resumed its container service to Kuwait, following the end of the Gulf war. The company is considering direct services to Kuwait once port facilities have been restored. Meanwhile, consignments to and from Kuwait will be temporarily feedered via
        70 words
      • 84 32 SINGAPORE Abacus Distribution Systems, the Asia-Pa-cific mega computerised reservation system, has officially launched its eight National Marketing Company the Seoul-based Asiana Abacus Information Inc. Announcing the launch last Friday, Abacus said that the occasion coincided with the successful commercial cutover of the first travel agent
        84 words
      • 75 32 SYDNEY A light aircraft with six people aboard hit a kangaroo as it came in to land at the Australian town of Bourke, 600 km west of Sydney, on Sunday night, police said yesterday. "He (the pilot) tried to pull up but one of the aircraft's
        75 words
      • 59 32 LONDON Negotiations for building four corvettes for Oman and Malaysia are well advanced and would be the largest warship orders for Britain in 20 years, UK Defence Secretary Tom King said. In remarks prepared for delivery at a naval equipment exhibition, Mr King said
        59 words
      • 57 32 BUENOS AIRES Search parties continued the hunt for five Argentine sailors who disappeared when their sailboat foundered in a storm in the River Plate, the Argentine navy said on Sunday. The sailboat, carrying a lieutenant and four naval academy cadets, sank in the storm on Friday
        57 words
      • 51 32 LISBON Portugual's port pilots, whose five-day strike last week virtually paralysed shipping movements at the main ports, threatened to stage further stoppages this month. Union officials said the pilots would hold partial strikes on Sep 9-13 and 16-20 to press their demands for improved working
        51 words
      • 74 32 KUWAIT CITY Kuwait Airways plans to acquire 18 new aircraft, 15 from the European consortium Airbus and three from the US firm Boeing, Kuwait Airways director Ahmad al-Mashari announced on Sunday. Mr Mashari, who provided neither a timetabje nor a cost estimate for the purchases,
        74 words
    • 1248 32 This is the final of a two-part feature on the measures that the International Maritime Organisation has adopted to prevent as well as to cope with accidents at sea IMO's most important function, in fact, is to act as a forum where the maritime nations can
      1,248 words
    • 692 32 FREIGHT market sentiment on Friday took support from progress in the Group of Seven (G7) industrial nations meetings about the type of aid to be granted to the Soviet Union, brokers said. But some operators were uncertain about the country's future political and economic leadership and in particular
      692 words
    • 10193 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,193 words
    • 3301 45 Containerline NV: Belsin 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 Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,301 words
    • 255 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel. 542-8844. Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster link Supplies A Services
      255 words
    • 1534 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aero Jink Freight International Tel: 545-8033. Fax: *****05. Aeraspeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50.
      1,534 words
    • 1877 46 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
      1,877 words
    • 462 46 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL FDX FM22 DC10F 0335 I TPE/NRT/ANC JAL JL6I7 B747F 0345 I NRT NCA
      462 words
    • 369 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Pep Name of Vessel ETA ETD Porte of Calb P«t Agent SEP 03 04 Orient Venus 0500 1800 Sin-Kobe Borneo Shipping 05 05 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 06 06 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 07 09 Doulos 0700 1800
      369 words
    • 773 46 SHIP SALES TANKER RATES Reuter AFP TWO DRY only OBO's sold on a tender basis As is, the 1976-built Vallathol of 114,147 dwt sold for about US$7.2 million to Singaporebased interests, and the 1977-built Vallabhbhai Pate! of 113,925 dwt for USS6.3 million to Greek buyers. VESSELS ON OFFER Bulk carriers
      Reuter; AFP  -  773 words
    • SHIPS IN PORT
      • 546 47 W» Bth Anhral Oepgture Btrti Vmd Pepartire Marina Terminal 1 Dwi Daya J8 alongside 03 09/0600 Bataircndo 1 89S M03 02 09/1700 GN 1300/B J1 alongside 03 09/1700 Beta 04/91 M03 03 09/1200 Karya »ndah 10 5 J3 alongside 03 09/1700 Cftra Jaya *****A M05 alongside 0309/0500
        546 words
      • 208 47 1 1 JPWOfw rtW I Berth: 1: Arktis Sirus; 2; Vigor; 3: Pinya; 4: Santaway; 5: Azalea Star; 6; Sea Admirer. 01 jetty: Botany Triad, Pacific Crane. DCJ: Melaka laya. Due on Sept 2: Stolt Septre, Blue Meadow, Kota Makmur, Barge Josindo Satu. Due on Sept 3:
        208 words
      • 1051 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofa|/B*nce Rita Ship Voy No Etb/Btr Period From To From A Venture 01/331 04/0600 1 02/1500 02/1659 02/1900 2 Cancelled 3 03/0700 03/1159 03/1400 ACT lotus 168 03/2359 1 02/1500 02/1659 02/1900 ACT Rose 18A 04/1200 1 02/1500 02/1659
        1,051 words
    • 541 48 Reuter ODESSA, Soviet Union The failed coup in Moscow two weeks ago slashed the crime rate in this Black Sea port, known for its well-or-ganised mafia and felons. It is rare to find people in the streets of Odessa, which
      Reuter  -  541 words
    • 278 48 UPI SEOUL Relatives and friends offered flowers and prayers on Sunday in the first on-site memorial services for the victims of a Korean Airlines (KAL) jetliner shot down in 1983 after straying into Soviet airspace with 269 people aboard, news reports said yesterday.
      UPI  -  278 words
    • 319 48 NYT NEW YORK The recent fatal subway crash has prompted New York City transit officials to review a wide range of policies, including drug and alcohol testing, standards for hiring train operators and supervisors and its labour relations in general, the president of
      NYT  -  319 words
    • 123 48 AFP BELGRADE Croatian airports were reopened late on Sunday with the exception of the Zagreb airport, the Croatian news agency HINA said, citing the Yugoslav republic's Transportation Ministry. Airports in Croatia and neighbouring Slovenia were closed on Saturday after an exchange of gunfire at the
      AFP  -  123 words
  • Page 31 Advertisements
    • 23 31 Lines and services represented by /olflfercv Members ef the Registry ef Accredited ncapor Nlltiona SWp tor advertising enquiries, contact Ship/tin < limes: let 740-2089/740-2090.
      23 words
    • 302 31 SSWEE HBtfG METAL CO PTE LTD 131 TUA3 AVE 14. SINGAPORE 23U TELEX RS ***** 3MMCPL TEL: 861 5*55 (SbiM) telefax: MI 2MS nhw Wr«nB»o( UHMAOUnK* llil Hpk I 0"*"*. MNCAfOM. MALAYSIA Con*«t<* THAILAND, MOMMA Ommi i LAO miurrMti ECMam* B*vNHI Hydfoaladc 7 9 ima capaoiy Ccnttinar HandM»a and 3WM
      302 words
    • 50 31 Air Forwarders 15 A* Frwght Schedule 16 Container Schedule 17 Courier Services 15 Cruse Ferry Schedules 16 Daily 2 Index to Advertisers 1 Port Condrtnns 16 Slipping Agents 15 Shpping Guide 10.11 Slupsales/Tanker Rates. 16 Shps m Port 17 Singapore fides 17 Transport Diary 3 Weather and Sea Condrtnns 17
      50 words

  • Page 32 Advertisements
    • 99 32 nJ##*^ iSjr^ j .Y It could be a controversial deal between two stock I \f market stars, a thought-provoking report by \\rrL u. university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS
      99 words

  • Page 33 Advertisements
    • 1986 33 OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES «llV#* TEL: *****11 FAX *****09 \llf^r BOOKINGS TEL *****34 *****68 ■lllllM TERMINAL/CFS TEL: *****18-220 Btioofl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD I J PORT KELANG TEL: *****18 FAX *****91 *****88 ———-—77 PENANG TEL *****4 FAX *****1 CFS TEL *****6 SnS Dedicated to
      1,986 words
    • 1783 33 TRANSPORT DIARY Sep* 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: Seminar on Shipbroking and Chartering II Terms. Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sep! 14-18:
      1,783 words
    • 812 33 WEEKLY SAILING TO MIDDLE EAST Trein Maersk V9TI3 Eta Sin 5/9/91 VMM) Voy ETA ETO Feeder by Singapore Merkur Delta DESTINATIONS to This week Maren Maersk 9108 I—frtwmw—^ 10/9 oeoo hrs Port CFS- 9/9 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA PHL NYC MON TOR marqrethl'maersk 9106
      812 words

  • Page 34 Advertisements
    • 1148 34 nOTTEOAMd VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 20/135 5/9 28/9 24/9 23/9 BKBHft BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 ilJPailJl HONGKONG EXPRESS 03/136 12/9 5/10 1/10 30/9 issaal KAGA 20/336 15/9 2/10 4/10 7/10 8/10 I. Alt WESTBOUNOW. KURAMA 12/137 19/9 12/10 8/10
      1,148 words
    • 715 34 BEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2509E8 4/9 19/9 22/9 27/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN 100 ANF VAP CLX IS LA FLOREANA 2509E8 4/9 10/10 11/10 16/10 17/10 ALSO
      715 words
    • 1505 34 Mjmm REGULAR INOEPENOENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WL/VOY SM ALG BCL HAM BRE ROT MIT FEL LHA (WA (VIA (VIA ALG) HAM) ROT) CHINA SEA 125W 05/09 27/09 29/09 02/10 04/10 04/10 05/10 05/10 06/10 NORASIA SINGA 9126-3 08/09 30/09 02/10 05/10 06/10 OS/10 09/10 10/10 11/10 NORASIA
      1,505 words

  • Page 35 Advertisements
    • 1617 35 L Maritime Holdings Ltdj >p&o JPrW STRAITS SHIPPING j Containers, mjo MWSliygMßMßi!fiißHWiiiiiiisisisiwssß omkaTa** MM 01/0? tun wTw ao>n,»« 'oj *c«go UHU MAEKSK 9110 M/M ?i'/M 2S/0S Si!! BINTANG BEL AIT Vl4€ Bint. Miri, KB 12-13 Sep 14 S«p IS S«p 1 TOKYO BAY 05M ii/MM n. W/WJO/MM/I# MMH BROOKE V24E
      1,617 words
    • 76 35 A a I I mm SEAGROSS REGULAR CONVENTIONAL SERVICE ft |1 SINGAPORE TO DUBAI/IRAN I Loading SIN ft MV "GLORY STAR" V. 1/91 15 SEPT 1991 [MV "GHAND STAR" V.l/ 91 10 OCT 1991 S'pore: Seacross Shipping Chartering ft T«fc *****51 F«c *****70 The ***** SECROS ft Dubai: World Seas
      76 words
    • 1555 35 ;i mmmm wwwrm WTTfrm EBHfcx WmM I 1 111 V k 1 11VI J» TO: U.S.AJPANAMA > FM: U.S.AJPANAMA KSgl/IKW OAK ICQ C«l FOB SAV N0» HTC VlStl *0Y NYC NO* SAV CM LGB OAK V CMOYMI6 *o*l D CfIJS 7/0 2/10 4/10 13/10 U/10 70/10 17/10 JAMN SIM TO*
      1,555 words
    • 447 35 rage a I I STRAITS/ JAPAN/ STRAITS SERVICE I I LOADING FOR TOKYO/YOKOHAMA I I COSMIC PIONEER Vl6 I I ETA SPORE 3/9/91 I jj I ETA PK 6/9/91 I I I ETA TOKYO 18/9/91 J I ETA YOKOHAMA 20/9/91 j 0 111 LOADING FOR BANGKOK/ I Ml YOKOHAMA I
      447 words

  • Page 36 Advertisements
    • 626 36 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl/TOY I STOKE MMM/MMM tfBUW SR£MEN ANTWOP KUTAI/23W 1/9 J/10 15/10 19/10 22/10 MATMAM/3CN6 7/10 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subpart to Inducement. Also accepting cargo to Casablanca. Port Said, Port Alexandria. Genoa, Trleate. ALSO ACCEPTING BOTH
      626 words
    • 910 36 \6t)& at 3E Wi shipping I Ip— FEEDER VSL Igj HAUL LGB OAK HANJM OAKLAND 014W Tq FEI HAN AN KUNSAN 065E J/» H. ELIZABETH 001E 30/9 3/10 haw* omw J/2 Hit 2 li'l 24/9 25/9 26/9 10* 9/9 h. le havre oiae 7/ie 10/10 SK ISSSSiIX i'/,l V,[l ?/>««-
      910 words
    • 55 36 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS OPERATORS OP CARGO VESSEL, TUGS A BARGES SPECIALISE IN HEAVY-LOT, PROJECT CAROOES TO ALL INDONESIA, MALAYSIA. THAILAND. FHILJPINE PORTS. OFFER CHARTERING OF OUR CAROO VESSEL. TUGS BARGES. TEL: *****26 FAX: *****63 INDONESIA: PT
      55 words
    • 1253 36 3 I d j I Kl SfiP WC (3t DC U WT OK W MZ TTO Lil CHS MIL NYC U# ANN KM Ttf ME HD am mi to I 1 I E SSIVtn 3 J/9 %n !»/t n'X M/J 1?« 2£ 22 22 4/11 U/l U/M a/w a/1 3,/1
      1,253 words

  • Page 37 Advertisements
    • 1535 37 T NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 ICR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 B AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 ifM nepline sdn bhd Malaysia K.L.-(03) *****33, P.
      1,535 words
    • 223 37 ANTWERP 6/9 KAOHSIUNG 5/9 I COLOMBO bJo~\ BREMEN 6/9 Km BOMBAY 5/9 HAMBURG 6/9 KEELUNG W KARACHI 5/9 trM A vcTn ii? NDON £2 HONG KONG 6 9 MADRAS 10 9 FELIXSTOWE 6/9 iMMii CHITTAGONG 6/9 GENOA 6/9 MANILA 11/9 CALCUTTA 8/9 MARSEILLES 6/9 BUSAN s/q L—— ROTTERDAM 6/9 5/9
      223 words
    • 264 37 PTJheung-a shippingl Korean Flag Vessels STRAITS/KOREA SERVICE M» «0Y KELANG STOK HKC OJSAN MCHON HOI NO i DONAM V 109N OS-07/M 03 05/09 14-15/H 11-21/11 22/ M 23/09 •N MALAKHOU now 04-05/09 M-07/09 13-14/09 10-20/09 21/00 22/19 NO I DONAM V 10«t IS-10/01 12-14/09 22-23/09 27-21/09 N/09 01/10 •ST LOUS
      264 words
    • 971 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OSCHARQNG WESTBOUND—LOAONG TRANSHFPED WA ROTTERDAM 881 WW 9N Ml* KG VOY VM IrKL |«C IBHV If.
      971 words

  • Page 38 Advertisements
    • 1607 38 KA4 appi ft ICR No: **********0 M) W V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD I V 14 TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 ■V M Fi MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t.
      1,607 words
    • 1126 38 PHIII-ORI€NT UN€5 PTC LTD 1 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION vftfy qpp ni irai DAMMAN «?HAR iah HOHA 10 SEP MONTREAL.
      1,126 words

  • Page 39 Advertisements
    • 1702 39 f pacific international lines (pte) ltd J E PIL Building. 140 Cocrt Street HO3OO, Singapore 0106. Sjmmmm, «IN ji(T SIN VISSEL VOY BIN BKK SIN 10/0 18/8 PEQABUS PROGRESS M2N 4/9 7/t 11/» m n BUNOA TIRATAI 363 10/« I#/l KOTA SURIA 1101 4/9 7/t 11/8 IMN 371 10/f 12/9
      1,702 words
    • 1049 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY /SCAN SWEDEN Toyama-t- 296 InPt 23/9 24/9 Korngan' 306 3/9 20/9 21/9 23/9
      1,049 words
    • 551 39 M MYANMA P& FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S port P.KIg Pan P Gd| MYOMAYWA VIJ6W Salad Salad In Ft HNYA VI UN Salad 3/5 Sap Pt AVA YIIOW 4/7 Sap HPA-AN VI67W 15/17 Sap PAGAN VI7SW 21/23 Sap THE BANK LINE (A Mrvlc* ol
      551 words



  • Page 42 Advertisements
    • 725 42 TO AUSTRALIA/NEW ZEALAND [*5 |Fr«n 1 1Mb Syd Uuck INK |P CHUM wussn 277 TT7S T¥7i zi/i Tt7» 3/10 3/10 «/io C wSm 271 25/» 2/10 7/10 12/10 19/10 22/10 •KTWERPt* 27» 19/10 27/10 1/11 5/11 10/11 12/11 11/11 MMTfU |HI 14/11 21/11 2(/ll 1/12 7/12 9/12 10/12 TO USA/CANADA
      725 words
    • 1086 42 Bmn— EXPORTS TO HONGKONG, TAIWAN. MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN IKT I SIN I MH HKG M 0 KEE TYO SM2 NCO *08 |[~VESSCL VOY SIN |PKL fCW UW SW TSK CHORUS 238 31» "2.9 3 9 6 9 10 9 12 9
      1,086 words
    • 1394 42 t a a »I» a- gJ__ CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS SINGAPORE'S GFNFRAI AGENTS PDOdJWS AGENTS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD PT 6LOBAL PUTRA Kl TE: *****91/17 FAX: *****)2, ***** tJJ™" r,t UU INDONESIA MARITIME t KLANG TEL 3CSSIOC/S TLX MA
      1,394 words

  • Page 43 Advertisements
    • 531 43 GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 9.9.91 HONG KONG 10.9.91 BUSAN 9.9.91 BANGKOK 8.9.91 EUROPE 7.9.91 TOKYO/KOBE/YOKOHAMA 8.9,91 USA 10.9.91 AUCKLAND 12.9.91 FREMANTLE 11.9.91 SYDNEY/MELBOURNE 6.9.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAME TAN. KATHLYN TAY, SOPHIA BAY OR KAREN SIM FAST DIRECT REGULAR SERVICE
      531 words
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  • Page 44 Advertisements
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  • Page 46 Advertisements
    • 115 46 NATIONAL EXPRESS ILTTJ FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****58 Weeklyconsotdofionto:- H« A I mmmm Rotterdam, G*noa, Hamburg, Europe I u Havm, Mwstowo, Antwerp, Komrhi "i'i'i'T" I Indian Pts Hong Kong, Bangkok, Ponang, I AultTalk. I Sydney, Mefcoyme,
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  • Page 47 Advertisements
  • Page 47 Miscellaneous
    • 294 47 TIDES AND WEATHER TODAYS TIDES (height in metres) HOW 0000 0100 0200 0300 (MOO 0500 0600 0700 MOO 0900 *************************C**********1900 2000 2100 2200 2300 JR 0.7 0.9 LI 1.4 1.7 1J 1.8 1.7 1.6 1.4 U 1.3 1.3 1.5 1.8 2.1 14 26 2.6 2.4 11 1.7 1.4 LI PP
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  • Page 48 Advertisements
    • 819 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEBT feeder wr H> mt aw it mi w a o« a une haul wt tcm/sea rn NAN HAI 201 033 02/09 03/01 05/09 H. COMMMCOI 2K 30/09 03/10 09/11 CO* PASCAL
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