The Business Times, 5 September 1991

Microfilm: NL17688
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, September 5, 1991 75*
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  • NEWS SUMMARY
    • Article
      US Congressmen irk Chinese in Tiananmen Square
      59 1 BEIJING Chinese security guards jostled and shouted at three US Congressmen who raised a banner and held white roses in Beijing's Tiananmen Square yesterday in memory of pro-democracy protesters killed by tanks and troops two years ago. "To those who died for democracy
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    • Article
      Fighting in Croatia despite ceasefire
      52 1 BELGRADE Heavy fighting broke out yesterday east of the Croatian capital, Zagreb, leaving the European Commu-nity-brokered ceasefire in tatters three days before a critical peace conference. Far from having laid down their Croats, Serbs and federal troops have escalated activity since the ceasefire was signed
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    • Article
      Shell sets target
      22 1 ANGLO-DUTCH oil company Shell plans to develop its petrochemicals business to as big as its oil business. Page 2
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    • Article
      Bid to cool economy
      23 1 THE THAI Cabinet has approved a new five-year development plan aimed at restraining the country's overheated economy Page 8
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    • Article
      Recipe for transition
      28 1 MALAYSIA needs to sustain its growth if it is to move over from an agro-based economy to an industry-based one, says an academic Page 8
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    • Article
      Manufacturing grows
      28 1 THE US manufacturing economy continued to expand last month, fuelling hopes that the US economic recovery is underway at a steady, albeit gradual pace Page 11
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    • Article
      It's all in the shoes
      26 1 THOSE who wear Reeboks are brand-conscious yuppies while those wearing Nikes are active and athletic, says a recent survey Page 14
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    • Article
      Capra dies
      25 1 OSCAR-WINNING film director Frank Capra, known for his idealistic, sentimental and patriotic films, died on Tuesday at the age of 94. Page 17
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    • Article
      Slower growth
      37 1 SINGAPORE'S air cargo industry, hit badly by the Gulf War and recession in major economies, is expected to grow by only up to 6 per cent this year, say industry players. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      47 1 WALL STREET was mixed in early trading yesterday after Tuesday's decline. The Dow Jones average of 30 industrials rose 4.24 points in the first half hour but then turned lower to show a 2.24-point loss at 3,015.42 by 1430 GMT, one hour into the session.
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    • Article
      Footsie higher
      45 1 LONDON share prices were barely changed at midday yesterday as the market quickly absorbed news that base lending rates were being cut from 11 per cent to 10.5 per cent. At 1115 GMT, the FTSE 100Share Index was up 0.1 point at 2669.1.
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    • Article
      MCSB to seek listing
      30 1 MALAYSIA-BASED computer distributor and systems integration group MCSB Technologies will seek a public listing by the end of next year, says founder Paul Lim Page 3
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    • Article
      Hotel expansion
      28 1 SINGAPORE company Cambodiana Investment (S) Pte Ltd is engaged in a multi-million-dollar expansion of the Cambodiana Hotel, which was built by Prince Norodom Sihanouk Page 4
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    • Article
      Banks' talks collapse
      21 1 TALKS between Commerzbank and Credit Lyonnais have collapsed over differences of banking policy and management style Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 695.77 +2.37 Kuala Lumpur ....561.83 +1.78 Tokyo 22,402.69 -67.11 Hongkong 4,006.45 -18.62 Sydney 1,566.7 -2.5 Tuesday Change New York 3,017.66 -25.94 London 2.669.0 -10.6
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    • Article
      CURRENCIES
      22 1 Exchange rates USS s$ 1.7185 100 Yen SS 1.2655 MS SS 0.6176 Money market rates Overnight 3-3/4 -1/4 3-month 5-1/16% -1/16
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    • Article
      COMMODITIES
      40 1 London Gold AM fix US$348.60 USS-0.55 Rubber S pore Oct.... 138.25Vkg -0.25 M'sia Oct 225.50Vkg unch KL Tin Turnover 60 tonnes +4 Spot MS 15.15 /kg unch Crude palm oil Turnover 1,062 lots -85 Oct MS 798 /tonne -5
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  • Article
    Lock icon PM dismisses rumours of his resignation
    558 1 Agencies SINGAPORE Prime Minister Goh Chok Tong yesterday dismissed rumours of his impending resignation, saying "my plan is to stay on until 1999, when my work will be completed". In an interview at the Istana with foreign journalists, Mr Goh said he would be
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  • Article, Illustration
    Largest debtor operated in S'pore until last year
    584 1  -  The BCCI collapse By S N Vasuki SINGAPORE One of the main players in the BCCI scandal Pakistan's Gokal brothers whose Gulf Group was the bank's largest customer and principal debtor was operating in Singapore until last year. Two Gulf group-owned companies,
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  • Article
    Airlines slash fares on Australia-S'pore route
    555 1  -  SLA offers package to match competition From Florence Chong in SYDNEY AUSTRALIANS are being offered three-day weekend packages to shop in Singapore at A 5699 (Ss94o) in one of the fiercest outbreaks of airfare wars in Australia. Singapore Airlines launched the offer late last
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  • Article
    Gorbachev agrees to radical reform, Baltic independence
    404 1 Crisis in the Soviet Union MOSCOW Soviet President Mikhail Gorbachev says he and leaders of Soviet republics and parliamentary aides have decided on a blueprint for radical constitutional change. He was also reported to have agreed to grant independence to the Baltic republics.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      182 1 'Burbjerrysl 5 i I jßeigns when it pours s 4 ft** 1 1* KLSE 21 Weather 27 Aircraft Schedule 27 Money Changer Rates 27 World News 10,11 Commodities 26 Money Market 25 For market indices, editorial, Company News 3.46 Regional News 8 advertising and circulation exCrossword 27 Regional Stock Markets
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    • Advertisement
      Page 1 Advertisements Column 2
      78 1 BCCI, Gokal brothers: shadowy ties, Pg 12 Cayman court gives bank 3 months for rescue plan, Pg 7 Don't miss BT's property supplement CONSTRUCTION is enjoying a surge of activity in the region, with US$2 trillion (553.4 trillion) worth of contracts up for grabs. How is Singapore benefiting from this,
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      Page 1 Advertisements Column 3
      137 1 I BALLY SHOES FASHION ACCESSORIES j Reform barriers are down, what now? Pg 10 Editorial, Pg 12 THERE ARE SOME APPOINTMENTS EXECUTIVES JUST LOVE TO KEEP. k m W H ■II Hi I 8 rrAiY I When you've come this far in your career, you deserve the finest in executive
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      Page 1 Advertisements Column 4
      3 1 Analysis, Pg 13
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        First-class showing by Poly graduates
        70 2 AT LEAST 65 of Singapore Polytechnic's graduands have graduated from local and foreign universities with first-class honours this year, said the polytechnic yesterday. Of the 36 first-class honours graduates from the Nanyang Technological University, 31 are from the Singapore Polytechnic while four have been awarded
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      • Article
        Envoy presents credentials
        34 2 THE new ambassador of the Netherlands, Maxime van Hanswijck De Jonge, presented his credentials to President Wee Kim Wee yesterday at the Istana. Mr Maxime De Jonge succeeds Baron Diederik Speyart.
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      • Article
        Digital presentation
        57 2 DIGITAL Equipment Singapore is organising a two-day Office Imaging Expo 1991 on Sep 9 and 10 at the Marina Mandarin. The seminar-cum-exhibition will present the latest in business communications, office systems, imaging and document management, decision support and electronic publishing. Presentations of office systems will be made by
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      • Article
        Handphone news
        50 2 HANDPHONE subscribers can now use their sets in Hongkong and Canada. This is possible with the signing of separate agreements by Singapore Telecom with Hongkong Telecom CSL and Canada's Rogers Cantel. Subscribers have to apply to Telecom for the service, and a $20 administrative fee will be charged.
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    • Article
      Mentor Graphics restructures operations
      230 2 MENTOR Graphics of the US has restructured its operations in the face of losses. Its Singapore office, formed in 1985, will now act as a regional headquarters. Mentor Graphics Singapore will expand responsibilities beyond India and South Asia (including Singapore, Malaysia and Thailand) to include Hongkong
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    • Article, Illustration
      Shell plans to boost chemicals business
      422 2  -  Business community continues to be confident: Mah By Lilian Ang ANGLO-DUTCH oil company Shell, which has rapidly built up its petrochemicals business here in the past couple of years, plans to develop it into the same size as its oil business within a decade.
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    • Article
      URA unveils initiatives to further promote conservation
      261 2 THE Urban Redevelopment Authority has announced new initiatives to further promote conservation. One of the initiatives allows owners of rent-con-trolled premises which can be conserved to get help from the Tenant Compensation Board in recovering the property from his tenants. However, this applies
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    • Article
      Chesterton plans to beef up presence in Asia-Pacific
      262 2 PROPERTY consultant Chesterton International plans to strengthen its presence in the Asia-Pacific with Singapore as the hub of its regional operations. At a press briefing yesterday, Paul Harris, who was appointed managing director of the group's Singapore business recently, said: "We see
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    • Article
      UK, NZ tourism boards relocate regional offices in Singapore
      263 2  -  By Hong Lee Ham TWO NATIONAL tourism agencies have relocated their regional head offices to Singapore because of its strategic position in the fast-growing Asia-Pacific region. The British Tourist Authority (BTA) and New Zealand Tourism Development (NZTD) have upgraded their Singapore
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    • Article
      Kagoshima has potential to be gateway to Japan
      219 2 KAGOSHIMA, the southern gateway to Japan, will be the springboard from which tourism and economic cooperation could take place between Singapore and Kagoshima. Quek Chin Tuan, marketing manager of the Singapore Tourism Promotion Board, said after yesterday's sixth biennial Singapore-Kagoshima conference that
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    • Article
      Graduands urged to maintain integrity and objectivity
      335 2 NUS Convocation '91 IN RISING to new challenges in their work, accountants must maintain their integrity and objectivity, said Ng Boon Yew, at the National University of Singapore Convocation yesterday. An accountant, he pointed out, is responsible for the presentation of facts and
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    • Article
      S'pore business community welcomes return of A WSJ
      367 2  -  By Salil Tripathi EXECUTIVES and analysts welcome the government's decision to allow the Asian Wall Street Journal to return to Singapore from Oct 1. Jim Maxwell, the Singapore head of Business International, a business risk consulting firm, said: "One of the main
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      95 2 PROPERTY CONSTRUCTION SUPPLEMENT 1991 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
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  • COMPANY NEWS 1
    • Article
      M'sia-based computer distributor eyes listing
      481 3  -  By Joseph Rajendran SINGAPORE Malaysiabased computer distributor and systems integration group MCSB Technologies will seek a public listing by the end of next year to fund further growth. MCSB founder Dr Paul Lim declined to name the listing site but Singapore is believed to be
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    • Article
      Yeo Hiap Seng making $47m cash call to cut borrowings
      493 3  -  By Genevieve Cua SINGAPORE In a move aimed at reducing its hefty bank borrowings, Yeo Hiap Seng (YHS) is tapping shareholders for at least $47.4 million through a one-for-two rights issue. The cash call will go some way to ease
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    • Article, Illustration
      GM of Seel resigns, analysts express concern
      379 3  -  By Carolyn Lim SINGAPORE Lye Hoeng Fai, the man at the helm of newly-listed Singapore Electronic and Engineering Ltd (Seel), has resigned, less than two weeks after the counter began trading on the SES. He was replaced by Foo Hee Liat, general manager
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    • Article
      Lock icon Sime pre-tax profits expected to rise to as high as M$ 690m
      552 3 MARKET TALK Reuter KUALA LUMPUR Malaysian conglomerate Sime Darby Bhd is set to record higher profits when it releases its 1990/91 results, with its property division making up for lower plantation earnings, analysts said. Group pre-tax profit is
      Reuter  -  552 words
    • Article
      Parkway gets good response to US Harborview project
      248 3  -  By William Chia SINGAPORE Parkway Holdings Ltd has received an encouraging response to its Harborview development project in Maryland, US. Parkway, in a circular to shareholders on its US$5O million worth of floating-rate notes (FRNs) to finance the project's initial phase, said
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    • Article
      Nomura now in second spot
      220 3  -  DBS CHARITY NMESiTfME NTIRAC E. By Quak Hiang Whai SINGAPORE Japanese merchant bank Nomura Singapore staged a strong comeback last week after losing its lead more than four months ago in the DBS Charity Investment Race. The Japanese merchant bank is in the second spot
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    • Article
      Lock icon JSEDC buys stake in Willis Faber
      143 3 Reuter KUALA LUMPUR Malaysia's Johor State Economic Development Corp (JSEDC) has bought a 55 per cent stake in the local unit of Willis Corroon pic, one of the world's largest insurance brokerages, officials said. The JSEDC, through its investment arm Pelaboran Johor Bhd, bought
      Reuter  -  143 words
    • COMPANY BRIEFS
      • Article
        Jardines plans to float insurance broking unit
        99 3 SINGAPORE Jardine Matheson Holdings yesterday confirmed its intention to partially float its wholly-owned subsidiary Jardine Insurance Brokers (JIB) on the London Stock Exchange. The parent intends to retain the majority share after flotation. JIB is an international insurance broking group with headquarters in
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      • Article
        Innovest director resigns
        19 3 SINGAPORE Innovest Bhd announced that its director Mr Thomas Chong Teck Fook has resigned, effective Sept
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      • Article
        United Plant in Mexican deal
        62 3 SINGAPORE United Plantations Bhd and Aarhus Oliefabrik AS have jointly acquired 51 per cent of the shares in a palm oil refinery in Michoacan, Mexico, from Mr Agustin Arriaga Rivera, an ex-governor of Michoacan and chairman of Fondeport (the Port Development Authority of Mexico). United
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      • Article
        Shahpadu in Turkish tie-up
        38 3 MALAYSIA Shahpadu Corporation Sdn Bhd, the Malaysian container and highway construction company, has signed a memorandum of understanding with Turkey's biggest construction group, Akpinar, to undertake joint ventures in construction projects in both countries.
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      • Article
        MGIC pre-tax profit falls 70pc
        127 3 MALAYSIA Malaysian General Investment Corporation Bhd (MGIC) has reported a 70.8 per cent drop in its group pre-tax profit to M 51.05 million for the half year ended June 30, compared with M 53.59 million previously. Group operating revenue also fell by 51 per cent
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    • COMPANY BRIEFS
      • Article
        Carter Holt Harvey's rights undersubscribed
        58 4 AUCKLAND Forester Carter Holt Harvey said there was a 1.86 per cent shortfall, equivalent to 6.51 million shares, in its recent one-for-three rights issue. The issue raised $454.85 million with 343.38 million new shares being issued. Underwriter Brierley Investments Ltd, which holds about 30 per
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      • Article
        Hoya buys into Bonn, US firms
        70 4 TOKYO Japan's Hoya Corp said on Tuesday that it had acquired a 38.9 per cent stake in Germany's Munich Laser System GmbH for about 488 million yen. Officials of Japan's leading maker of optical glass and glass for semiconductor manufacturing said the company had
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      • Article
        Woodside expects lower profit
        76 4 SYDNEY North West Shelf project operator Woodside Petroleum Ltd said it expects profit in the second half of calendar 1991 to be significantly lower than net profit in the first half when it leapt to A 572.50 million from $4.71 million previously. Woodside, 40 per cent
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      • Article
        Mitsui in Beijing fashion venture
        94 4 TOKYO Trading house Mitsui and Co Ltd will join a venture to produce men's suits in Beijing, mainly for export to Japan, a Mitsui spokesman said. Beijing Tottori F-One Garment Co Ltd, capitalised at US$l.6 million, will be owned 45 per cent each by Japanese
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      • Article
        Firm to issue HK$ 165m note
        86 4 HONGKONG Hongkong-listed Asia Securities International Ltd will issue a HK$l65 million convertible redeemable note to the Kwong Sang Hong International Ltd to raise cash and establish an association with the company. The two firms said in a statement issued on Monday that the note,
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    • Article, Illustration
      Cambodiana Investment's expansion
      514 4  -  Multi-million-dollar project to expand hotel From Harish Mehta in PHNOM PENH CAMBODIANA Investment (S) Pte Ltd is engaged in a multi-million-dollar expansion of the Cambodiana Hotel. which was built by Prince Norodom Sihanouk but did not open because the prince was ousted in a coup in 1970.
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    • Article
      S'poreans employed at hotel
      149 4 PHNOM PENH Several Singaporeans are employed at the Cambodiana Hotel in Phnom Penh in spite of the ban on travel and investments against that country. Michel Horn, the general manager of the hotel told BT that several Singaporeans were working at the hotel. Mr Horn is
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    • Article
      Lock icon Citic Pac in HK$ 7b bid for Hang Chong
      356 4 FT HONGKONG A consortium led by Citic Pacific, the Hongkong listed arm of Beijing's China International Trust and Investment Corporation (Citic), is set to win control over Hang Chong Investment, a trading and agency group which is one of Hongkong's largest
      FT  -  356 words
    • Article
      Lock icon Core paper operations lift Amcor's net profit
      207 4 Reuter MELBOURNE Amcor Ltd yesterday said its core paper and packaging activities achieved strong results which lifted equity net profit for the year to June 30 by 26 per cent to A 5227.67 million (Ss3os million). "Although trading conditions during 1990/91 were very
      Reuter  -  207 words
    • Article
      Siam Group defers 6b baht car projects for next 4 years
      337 4 THAILAND Siam Group has announced the postponement of several of its major automobile industry investment projects worth almost 6 billion baht planned for the next four years, the Bangkok Post reported. Siam Group chief executive officer Khunying Phornthip Narongdej
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    • Article
      Bakrie plans to buy Freeport stake
      203 4 JAKARTA Indonesia's Bakrie Brothers plans to purchase a 10 per stake in mining company Freeport Indonesia Inc (FII), the Jakarta Post reported earlier this week. Fll's parent American Freeport Inc has signed a memorandum of understanding to sell 10 per cent of its common
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    • Article
      Lock icon Western Mining profits expected to fall for first time in five years
      595 4 MARKET TALK Reuter SYDNEY Western Mining Corp Holdings Ltd is expected to report its first profit downturn in five years as poor earnings from its aluminium associate overshadow improved performances from nickel, gold and oil, analysts said yesterday.
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    • COMPANY BRIEFS
      • Article
        Adidas almost doubles pre-tax profit
        92 6 MUNICH German sportswear maker Adidas said on Tuesday its pre-tax profit almost doubled in the first half of this year to 38 million marks (5537.7 million), from 20 million in the same period last year. Adidas' sales totalled 1.76 billion marks, and those under licence
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      • Article
        Creditors to fight for Del Monte
        68 6 LONDON A group of creditors of Britain's collapsed Polly Peck International pic is demanding repayment from the proceeds of the proposed flotation of Polly Peck's US fruit unit Del Monte, the Daily Telegraph said. The paper said the claims could lead to a lengthy
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      • Article
        American sees higher earnings
        98 6 LOS ANGELES American Family Corp said it expects to post annual sales and earnings increases of about 15 per cent over the next five years based mainly on expansion of its specialised insurance business in Japan. The company's current 1992 earnings estimate of US$2.O5 (553.5) per
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      • Article
        Swiss firm expects lower income
        54 6 ZURICH Swiss aluminium and chemicals group Alu-suisse-Lonza Holding AG said its group net income would fall in 1991 to about 200 million Swiss francs (***** million) from 1990 s 268 million. The company said ordinary cash flow should exceed 550 million francs in 1991 after
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    • Article
      Lock icon IBM to plug gaps in new mainframe lines next week
      460 6 Reuter NEW YORK International Business Machines Corp will fill gaps in its latest line of mainframes next week, sandwiching new models between those it unveiled last September, analysts said. In a wide-ranging announcement to come on Sept 11, a new
      Reuter  -  460 words
    • Article
      Lock icon Swiss firm Omni has more debts than assets
      328 6 Creditors include big Swiss and foreign banks AFP ZURICH Collapsed Omni Holding, a company belonging to Swiss financier Werner Rey, is saddled with much higher debts than expected and has little in the way of assets, according to an audit made by
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    • Article
      Lock icon S Africa's Sasol plans billion dollar projects
      547 6 Reuter JOHANNESBURG South Africa's oil-from-coal and chemical giant Sasol Ltd is making rapid inroads into foreign markets as it unwinds a billion-dollar expansion and diversification drive. The company reported on Tuesday a 39.5 per cent jump in net earnings for the financial year
      Reuter  -  547 words
    • Article
      Lock icon Rhone – Poulenc's interim profits fall 54pc
      296 6 Rhone Poulenc's interim profits fall 54pc FT PARIS Rhone-Poulenc, France's largest chemicals group, on Tuesday reported a 54.4 per cent fall in first-half net profits to Ffr99l million (*****.4 million) after lower asset sales in the second quarter. By contrast, the state-con-trolled company's trading performance slipped only slightly, with a
      FT  -  296 words
    • Article
      Lock icon UK recession worst in over half a century: property group
      446 6 Reuter LONDON Construction and property company Taylor Woodrow pic said the UK recession is giving it the worst trading conditions for over half a century. Pre-tax profits in the first six months of 1991 slumped by over one-third to £25.3
      Reuter  -  446 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      413 4 The Ninth Malaysian Building Exhibition Putra World Trade Centre, Kuala Lumpur, Malaysia. 25 28 September 1991 j>x ttj You must not m ss th,s cornerstone ,n the building industry MALBEX '91 is THE place to lay your fj Jill) [V l-j foundation and seal your deals If you are an
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      90 5 tm, „a t %*r a '^h|H r «f i GmW 1 v *'iE' v o Kv rr I Ir* .^KjUfeflßlk Vuf-W' .JH 4i|f -h 4| w|k ?jS ~Sh i .'o x Ji^^Mf7 -*i i .-r; v r>'K.::. s*a£-: «I=SS„ UTA HAS MOKE NON-STOP FLIGHTS TO PARIS THAN ANYONE E LS
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      155 6 y 9 j^L... t t V:'|'V'^"'. W IT'S AN OPEN AND SHUT CASE WHEN DOING BUSINESS. When in Singapore on business, the hotel to stay in, without a doubt, is the Carlton. Located in the heart of the city, we are near the business and shopping districts as well as
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  • FINANCIAL NEWS
    • Article
      Lock icon Commerzbank's talks with Credit Lyonnais collapse
      424 7 FT FRANKFURT Talks on joint shareholdings between Commerzbank and Credit Lyonnais have foundered over differences of banking policy and management style between the German commercial bank and the French state-owned institution. Commerzbank has made clear in recent weeks that it was uneasy about plans
      FT  -  424 words
    • Article
      Lock icon Ex-gangster boss bought Honshu Paper shares
      312 7 Asahi TOKYO A one-time Japanese mobster leader whose cozy ties with two major securities firms recently shook the country also engaged in extensive trading of shares in a prime target firm of speculator groups last year another indication that the underworld here is entwined
      Asahi  -  312 words
    • Article
      Lock icon Fees decline at Salomon Brothers
      175 7 NYT NEW YORK Salomon Brothers' revenues from new stock and bond issues fell sharply in August from an unusually high level in July. Early in August, Salomon disclosed that it had violated the rules at several Treasury securities auctions. In the month, the firm received
      NYT  -  175 words
    • SMALL CHANGE
      • Article
        Midland Bank to merge operations
        84 7 LONDON Midland Bank pic will merge all its corporate banking operations in the next three months, the Financial Times reported on Tuesday. The plan is the first stage of a thorough reorganisation that began in March when Sir Peter Walters became chairman of the group.
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      • Article
        No Maybank plan to raise BLR
        107 7 KUALA LUMPUR Malayan Banking Bhd, one of Malaysia's leading banks, has no immediate plan to revise upwards its base lending rate, its managing director Mr Ahmad Mohamad Don said on Tuesday, although Bank Bumiputra Malay- sia Bhd the other leading bank and Maybank's main
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      • Article
        Credit Communal sees higher profit
        56 7 BRUSSELS Belgian bank Credit Communal de Belgique, owned by local authorities, said net profit could grow 15 per cent in 1991 as compared with 1990. One of the four largest Belgian banks, Credit Communal recorded a net profit of 3.08 billion francs in 1990, a
        56 words
      • Article
        South African fund launched
        66 7 LONDON Broker Smith New Court, a market maker in South African stocks, said on Tuesday that it was launching a US$5O million fund for direct investment in South Africa with Old Mutual Group, the country's largest life insurer. The Old Mutual South Africa Fund would bring
        66 words
    • Article
      Lock icon Half-year profits for Lloyds' largest broker fall
      286 7 UPI LONDON Sedgwick, the biggest broker for the Lloyds insurance market on Tuesday reported a 3.5 per cent fall in interim profits, underscoring the harsh conditions affecting the British insurance market. Pre-tax profits for the six months to June 30 fell to £65.3
      UPI  -  286 words
    • Article
      Lock icon Cayman court gives bank three months for rescue plan
      440 7 The BCCI collapse Agencies GEORGE TOWN, Cayman Islands A Cayman Islands court on Tuesday granted the owners of the scandal-hit Bank of Credit and Commerce International (BCCI) three months to design a plan to avoid the company's liquidation. Grand Court Justice
      Agencies  -  440 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      124 7 Sports-rims are Refreshing new look 1600 cc of sheer driving sensation Ultra-modern yet "classical" styling Class-leading, aerodynamic efficiency (0.28 Cd) that reduces wind noise 100% double galvanised exterior for long-term durability Exceptional driving comfort resulting from ergonomic and spacious interiors Anatomically designed seats Independent suspension all round Highly efficient ventilation
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  • THE REGION
    • NOTE BOOK
      • Article
        Suharto calls for action to curb inflation
        132 8 JAKARTA President Suharto urged his administration yesterday to take immediate action to curb inflation which has risen to an alarming 7.39 per cent in the first eight months of this year. Mr Suharto told a Cabinet meeting that the government must take the
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      • Article
        US-Thai textile trade agreement
        81 8 WASHINGTON US Trade Representative Carla Hills and Thai Commerce Minister Amaret Sila-on on Tuesday completed a new three-year agreement regulating Thailand's export of textiles to the United States. The old pact ended 1989 and the United States kept curbs on Thai exports under the global Multi-Fibre
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      • Article
        ADB's green grant for Thailand
        85 8 BANGKOK The Asian Development Bank (ADB) has approved a grant of U*****,000 (*****,000) to Thailand fpr the preparation of a national strategy on global climatic change. The primary objectives of the assistance are to help Thailand assess the potential effects of global climatic change on
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      • Article
        PNG premier reassures investors
        54 8 CANBERRA Papua New Guinea Prime Minister Rabbie Namaliu yesterday sought to reassure potential foreign investors that security problems which had caused uncertainity were no longer a concern. "Of course Bougainville created investor confidence problems, but they have been overcome," Mr Namaliu said in a speech to
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      • Article
        Manila may look to Gatt
        91 8 MANILA The Philippines will seek Gatt intervention in trade issues with the United States in case of the non-ratifi-cation of the US bases treaty. "We have a recourse to Gatt if no treaty," Philippine trade and industry secretary Peter D Garrucho Jr said. He also
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      • Article
        Vietnam's growth, and deficit
        72 8 BANGKOK Vietnam's gross national product has grown by an average of 4.8 per cent per year over the past five years, but still suffered from a trade deficit, the official Vietnam News Agency reported. The agency, in a dispatch dated Monday, said gross national product since
        72 words
    • Article
      Lock icon Thai Cabinet approves plan to restrain economy
      369 8 Reuter BANGKOK The Thai Cabinet has approved a new five-year development plan aimed at restraining its fast industrialising economy from overheating. Phisit Pakkasem, head of the National Economic and Social Development Board, said yesterday that the new blueprint called for the Thai economy
      Reuter  -  369 words
    • Article
      Lock icon Economic revamp needs sustained growth: KL don
      312 8 Bernama SERDANG, Selangor The current level of sustained economic growth in Malaysia will have to be maintained to allow for the transformation of the agro-based economy to an industry-based one, according to an academic. This transformation, however, should not be allowed to dislocate
      Bernama  -  312 words
    • Article, Illustration
      Garment workers stand up for US bases
      46 8 MANILA About 2,000 Filipino garment workers carrying placards urging the Philippine Senate to ratify a new military bases treaty with the United States during a rally here yesterday. The Senate is currently holding a hearing on the proposed treaty.
      46 words
    • Article
      Lock icon Aussie firms told to target Asian middle classes
      194 8 AFP PERTH Australian companies seeking to develop markets in Asian countries should target the region's newly emerging middle classes, researcher Kevin Hewison said here yesterday. Mr Hewison is a member of a research team at the new Western Australian Asia Research Centre,
      AFP  -  194 words
    • Article
      Asean must not ignore European market: banker
      436 8 BANGKOK Asean is moving towards becoming a more cohesive economic entity but there is a risk that it will be too concerned with the Asia-Pacific region to take advantage of the tremendous economic dynamism now evident in the New Europe, Bangkok Bank executive
      436 words
    • Article
      Lock icon KL cement sector constrained only by capacity limitation
      412 8 Bernama KUALA LUMPUR The Malaysian cement industry's turnover growth is currently only restrained by capacity limitations, says stockbroking firm Omega Securities. In its weekly outlook publication, Omega said expansion plans were on the drawing board for most manufacturers in view of the
      Bernama  -  412 words
  • Page 8 Advertisements
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      350 8 /YOUR STEPPING STONE V INTO EUROPE "V Canada /Tjhs zny g, EUROPE S r\ s USA f Madeira^ AFRICA "Madeira. The European Community's newest international business centre. As an autonomous region of Portugal, the beautiful Madeiran islands which lie just off the West African coast enjoy the benefits of full
      350 words
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      346 9 Note the European styling with an electronically controlled engine management system Twin spray fuel injectors and variable induction ensure smoother effortless power delivery WOULD YOU All this, in a car luxuriously longer, and wider, t^ian tS more ex P ensive competitors? A CAR And what if, in exchange for another
      346 words
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  • THE WORLD 1
    • Article
      Lock icon Reform barriers are down, what now?
      583 10 Crisis in the Soviet Union Talks continue on which economic package is best for Soviet republics AP MOSCOW The Soviet Union's top economic official says that there are no longer barriers to tear down, but planners are not sure what package to offer those
      AP  -  583 words
    • Article, Illustration
      Yeltsin warning
      41 10 MOSCOW Russian President Boris Yeltsin addressing the Congress of People's Deputies on Tuesday, where he warned that the country must remain alert to the possibility of more right-wing moves to unseat Mr Gorbachev, who is seen sitting behind him.
      41 words
    • Article
      Lock icon Three Baltic states apply to join United Nations
      287 10 Reuter UNITED NATIONS Estonia, Latvia and Lithuania have applied for membership in the United Nations at the earliest possible date. French ambassador JeanBernard Merimee. accompanied by British ambassador David Hannay, handed the applications from the three Baltic states to SecretaryGeneral Javier Perez
      Reuter  -  287 words
    • Article
      Lock icon Paris proposes plan to revive trade in East bloc
      368 10 Reuter PARIS The West should consider a special payments mechanism to revive trade among the countries of the former Soviet bloc and integrate them into the world economy, French Finance Minister Pierre Beregovoy said on Tuesday. He told a news conference
      Reuter  -  368 words
    • Article
      India approves US$ 200m worth of projects by MNCs
      434 11  -  From Shirish Nadkarni in BOMBAY TEN major proposals, involving investment of around US$2OO million (Ss34o million) by large foreign multinationals, have been cleared by the Indian government. The proposals including those from four German and two American companies, and one British
      434 words
    • Article
      Lock icon Canadian indicator shows growth slowing
      224 11 Reuter TORONTO Canada's June leading indicator rose 0.9 per cent on a smoothed basis, but analysts noted that on an unsmoothed basis, the indicator posted the smallest of five consecutive increases, pointing to slowing economic growth. "There seems to be a deceleration in growth," said
      Reuter  -  224 words
    • Article
      Lock icon Rise in new orders boosts US manufacturing sector
      350 11 NYT WASHINGTON Helped by a surge in new orders, the US manufacturing economy expanded solidly last month, according to a monthly survey of American purchasing managers. It was the third consecutive monthly expansion and economists saw it as another sign that the
      NYT  -  350 words
    • Article
      Lock icon All eyes on US jobs figures in hope of rate cuts by Fed
      291 11 Reuter NEW YORK US economists, financial markets and even home buyers are waiting for tomorrow to see if the economic recovery has taken hold in the labour market. If US August jobs data due tomorrow confirm expectations
      Reuter  -  291 words
    • WORLD WATCH
      • Article
        Ex-governor to run for US presidency: paper
        77 11 SAN FRANCISCO Former California governor Jerry Brown is considering running for the US presidency next year, his third try for the White House, the San Francisco Examiner said on Tuesday. Mr Brown, 53, had said earlier this year he would seek a US
        77 words
      • Article
        Officials prepare for NAM talks
        76 11 ACCRA, Ghana Senior officials of the 102-nation NonAligned Movement worked on Tuesday to finalise an agenda and proposals for its 10th ministerial meeting which was set to get underway yesterday. The officials, representing all member states except the Bahamas, had been meeting since early Monday
        76 words
      • Article
        India seeking Aussie tie-up
        80 11 NEW DELHI India has proposed a fusion of its inexpensive labour and managerial expertise with Australian high technology and natural resources to boost economic ties. The Minister of State for Commerce, Palaniappan Chidambaram, made the proposal at the opening of a Joint Business Council meeting on
        80 words
      • Article
        Rao to woo German investment
        81 11 NEW DELHI Indian Prime Minister P V Narasimha Rao travels to Bonn today to introduce Germany to Indian culture and to try to persuade Germans to invest in an economy he is trying to open up to the world. The three-day visit will be his
        81 words
      • Article
        Brazilian team to press for loan
        95 11 WASHINGTON A high-ranking Brazilian team is to push forward Brazil's quest for an elusive US$2 billion International Monetary Fund standby loan. The delegation, headed by Planning Secretary Pedro Parente, was discussing with IMF officials details of a letter of intent which Brazil hopes would
        95 words
    • Article
      Lock icon German draft budget receives stormy reception
      254 11 AFP BONN Braving a political storm, the German government on Tuesday submitted a draft budget for 1992 that clamps spending to a 3 per cent increase over 1991 but still leaves a deficit of 50 billion German marks (about 5548.8 billion). Economy Minister Theo
      AFP  -  254 words
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      204 10 ■Dt A profound expression of T*lH v French refinement e x c l us i v E and exclusivity. Peugeot unveils a French classic in the making; a masterpiece of technology and refinement. It the "extra" the merely ordinary from the truly extraordinary. Peugeot's transversely- saloon proffers abundance HPSL mi^^H
      204 words
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      51 11 Savour the original recipe of thinly sliced k RISTORANTE BOLOGNA PRESENTS raw beef, or try our new varieties, prepared ART IN THE RAW. Savour this refreshing Italian delicacy, bk m only at the Ristorante Bologna. CARPACCIO SPECIALS From now until 29 Sept. 1991. RISTORANTE BOLOGNA MARINA MANDARIN Raffles Marina Square.
      51 words
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      Page 11 Advertisements Column 2
      453 11 Because individuals always T have the best time. ~'i i 4 Ift I ;EA COLLECT lON r" I ASIA WATCH CENTRE PTE LTD Pirkw.y Parade. >BI4BW CHEW CHEONG WATCH CENTRE Shaw Centre. #03-39*40 CORTINA WATCH CENTRE PTE LTD Funan Centre #02 IVI7 Lucky Pla7» <01-12 Manna Square. *02 230 INTERNATIONAL
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  • Article
    Let market forces set airfares
    467 12 EDITORIAL FOR THE first time in more than five years, members of a regional aviation cartel have decided not to raise their fares till at least April next year. The main reason behind the decision to maintain their prices is the still sluggish leisure travel
    467 words
  • WHAT THE OTHERS SAY
    • Article
      Peace has its price
      239 12 A MINI-MIRACLE took place last week: Meeting in Pattaya, leaders of the four parties in the Cambodian dispute took a giant step towards ending the country's 12-year war under United Nations auspices. But as welcome as it is, an agreement by all parties involved to end
      239 words
    • Article
      Better services for pilgrims
      99 12 AS the authority responsible for coordinating the Haj, it is Muis' duty to further improve the services for Muslims from time to time. Based on the feedback so far, Muis has done a good job in providing these services. But this does not mean that Muis
      99 words
    • Article
      Opposition's responsibility
      171 12 mt mr jl v PRIME MINISTER Goh Chok Tong said Mr Chiam See Tong is now the opposition leader in Parliament. We hope that under Mr Chiam's leadership, the opposition in Parliament will be responsible and work together with the ruling party to maintain Singapore's achievements, such as
      171 words
  • REGIONAL VIEWPOINTS
    • Article
      Three questions
      176 12 IMMEDIATELY after Mr Gorbachev's statement to that effect, Japan Communist Party Chairman Tetsuzo Fuwa told the press that "the disbandment itself of a party of chauvinism and of hegemonism is only natural". The statement raises three questions. First, if the Soviet party has "continued to have enormous vicious
      176 words
    • Article
      Good timing, bad timing
      152 12 TIMING, or lack of it, is a crucial factor in politics. Mr Li Peng knew that when he granted an historic interview to Hongkong's top-rated television station. to be screened the night before the arrival in Beijing of his British counterpart, Mr John Major. The significance
      152 words
    • Article
      Direct responsibility
      173 12 IN his meeting with producers of TV programmes for children last week. Prime Minister Anand Panyarachun wondered out loud whether anything could be done to make TV programmes in Thailand "less boring". He wanted to know whether the Broadcasting Directing Board is responsible for retarding the growth of
      173 words
  • Article, Illustration
    BCCI, Gokals: shadowy ties
    1204 12  -  The Gokals once had a global business empire. Regulators now believe that the root cause of BCCI's financial problems is the loans they made to the Gokal brothers. S N Vasuki reports S N Vasuki THE three Gokal brothers had a global vision of business long
    1,204 words
  • Page 12 Advertisements
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      52 12 In Asia's bustling the renowned hospitality of Shangri-La hotels awaits you where the American Express 8 Card is always SH "frue&j v hospiuble reception Membership Has Its PriiHileges" SHANGRI-LA INTERNATIONAL HOTELS »»4 RESORTS Don't leave home without it* BALI- BANGKOK BEIJING FIJI HANGZHOJ HONG KONG KOTA KINABALU KUALA LUMPUR PENANG
      52 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      42 12 DOONESBURY BY GARRY TRUDEAU so i saidtdmikb;h£y, I DOtrr THd truth IS, FOLKS, IHAPNTT J UHTHIM AKfiP THIS! ATHOMe, THZf&fc APPR&CJAWP WHAT A 6RSAT BUT CAN IMHGR. iOU H&e, MOMPCZS THELAJNPfW, PEALHOMttS!UZ6ZTA ANPI CAN EAT ALL I WANT!' E/EK COURT FOOP SUPPIi
      42 words
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  • ANALYSIS
    • Article, Illustration
      Meeting voters' needs
      1788 13  -  General Election '91 Statistics indicate that Singaporeans have become much better off in a decade. A broad middle class is emerging. But all it takes for the full picture to appear is for the lower-income group to thump out some hard election knocks, writes Anna Teo Anna
      1,788 words
    • Article, Illustration
      Lock icon Will the winner take all?
      818 13  -  Britain may be heading for its most significant electoral change since mass suffrage was introduced around 150 years ago, says Anne Senior Anne Senior Reuter FOR the first time in its history, Britain's "first-past-the-post" system of electing members of parliament is under threat from opponents
      Reuter  -  818 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      246 13 This Macintosh version of the popular ITPOWER programme comprises of 7 modules taught over 52 hours. They are, IT its Benefits; Introduction to Mac; Ms Word (Word Processing); Ms Excel (Spreadsheet); FileMaker Pro (DBMS); PageMaker (DTP) and Office Automation. This course has received AIP approval by SDF up to 70%
      246 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Reebok and Nike have S'poreans at their feet
      641 14  -  Carolyn Lim digests a survey titled 'Project Footloose-Singapore' Carolyn Lim IF YOU wear Reeboks, you are likely to be status and brand-con-scious, a yuppie, trendy, successful and, probably male. On the other hand, if you swear by your Nikes, then you are
      641 words
    • Article, Illustration
      Kick off your shoes, people!
      107 14 A "REhBOK GIRL" will take to the streets tomorrow in the latest round of a $100,000 campaign to get people to trade in their old sports shoes for a $26 Reebok voucher. The Reebok girl will walk the streets of Orchard Road, Marina Square and
      107 words
    • Article
      Henen Ad chief to address Aussie seminar
      271 14  -  By Said Abdullah HENEN Advertising executive chairman Henry Lim has scored another first for Singapore and the local advertising industry. He will be the first Singaporean to deliver the keynote address at the prestigious annual Marketing Communication Seminar (Marcom) at Victor Harbour, South
      271 words
    • Article
      New name, new task for retail body
      249 14  -  By Sylvia Wong THE Singapore Retail Merchants Association (SRMA) has changed its name to keep up with the association's new vision. Fourteen years after its formation, the SRMA has simplified its name to the Singapore Retailers Association (SRA). Its chairman, Steven Goh, said
      249 words
    • Article
      US property firm picks local member broker
      177 14 A SINGAPOREAN has been made the regional master franchisee (member broker) of a US-based real estate company. Electronic Realty Associates Inc (ERA), the world's largest real estate company, signed a contract with Harry Chua, managing director of the ERA Singapore, last week. ERA,
      177 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      262 14 Pjfl t "JSV OK, so you've always wanted HP uses Resolution Enhancement Also the HP LaserJet HIP is compact, LaserJet quality but thought the Technology (RET), or to put it more so you can put it wherever you feel price put it out of your league. simply, different sized dots.
      262 words
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  • SPORTS
    • Article, Illustration
      Lock icon Capriati one step closer to making history
      1002 15 US Open AP NEW YORK Jennifer Capriati, walloping serves more than 100 mph (170 kph), took a giant step towards becoming the youngest US Open winner in history as she reached the semi-finals by toppling defending champion Gabriela Sabatini. Capriati, at 15 already
      AP  -  1,002 words
    • SIDE LINES
      • Article
        Enterprising Eleven make their entrance
        120 15 NEW YORK Call them the Enterprising Eleven Roy Emerson, Ken Rosewall, Fred Stolle, Owen Davidson, Marty Riessen, Bob Lutz, Sherwood Stewart, John Lloyd, Ross Case. Dick Stockton and Cliff Drysdale. These former tennis greats, who as a group hold more than 100 Grand Slam titles,
        120 words
      • Article
        Scare for Jahangir
        65 15 HONGKONG World No 2 Jahangir Khan's reunion with the Hongkong Open began with a slight hiccup on Tuesday. Playing in the Open for the first time after a four-year absence, the Pakistani dropped the first game to Australian qualifier Craig Rowland before recovering to score a 7-15,
        65 words
      • Article
        Higgins loses
        108 15 STOKE, England Double world champion Alex Higgins produced his best performance since returning to competitive snooker five weeks ago here on Tuesday, but even that could not prevent his exit from the British Open. The fiery Irishman, who missed the entire 1990-91 season through suspension, could not apply
        108 words
    • Article
      Lock icon Bradley breaks record with victory in LPGA
      370 15 UPI SPRINGFIELD, Illinois Pat Bradley, overcoming a series of rain stoppages and a one-day delay in the tournament, notched a convincing six-stroke victory on Tuesday in the LPGA Rail Charity Classic and placed her name in the record books again. Bradley's 54-hole total
      UPI  -  370 words
  • Page 15 Advertisements
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      499 15 Business Times readers can now have PRONOUNCED ADVANTAGE 80,000 words an<P b^ sasSStf^^ Are your communication skills as sharp Has intellectually stimulating word as your business sense? Do you always games to enrich your vocabulary IT kT VerV>eW express yourself in precise terms when awwtyi any writing that critical business
      499 words
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      172 16 WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      172 words
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      Page 16 Advertisements Column 2
      248 16 UNIQUELY HYATT Brannigans is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday spm to 1 am Friday and Saturday spm to 2 am HWT REGBJCYISWGAPORE 10-12 Scoits Road, Singapore 0922. Tel
      248 words
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      Page 16 Advertisements Column 3
      318 16 S*)l»Vfe Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy 1 lours when all drinks are going for a song. Plaza Hotel Happy Hours: q oi/mv W4«K»COIO<J*r <11 •inVI r IMC g Q npp| -ipt Nr»(lK.k«tNnitrf|B«*-(l7l9»4 2JMIIII iJ? This
      318 words
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      Page 16 Advertisements Column 4
      346 16 The GEORGE ROBERT All Stars Quartet jazz group at the Kasbah The qjanet, formed by Swiss saxophonist George Robert tg commemorate the 700 th anniversary of Switzerland ojb tour around the world, comprises fiour Tusiciaas Qeorge Robert (saxophone, clarinet M f m jjr mf*W n^«orn Pos«r). Edgardo "Dado" Moroni (piano),
      346 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      681 16 TELEVISION AND RADIO A. .A. "I "KciF ''\/--.7f-> :>v' ®-3® jak the Fatman I'm 5.55 Today in History. XTIP \T tr\ •«•>: Gonna Live Till I Die 6.00 Regional News (M). U SIN ESS OH RADIO .i^;. frsj LU \J\J IV 7 (W, 1M PMM It ■■,■.,1n.... t (Stereo). 6.30
      681 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Frank Capra finds the rainbow's end
      1282 17  -  Frank Capra, who died on Tuesday, will always be remembered for his portrayal of the common man and his strengths. Peter Flint reports Peter Flint NYT Frank capra, the Academy Award-winning director whose movies were suffused with affectionate portrayals of the common man and
      NYT  -  1,282 words
    • Article, Illustration
      Rumours fly on possible divorce for Princess Anne
      622 17 CHATTERBOX THE spotlight that never seems to waver from Britain's royal family has moved for the moment to Princess Anne and her estranged husband, Capt Mark Phillips. Because they have now been separated for more than two years, they are now free
      622 words
    • Article
      Lock icon West End falls on hard times
      639 17  -  Sheridan Morley outlines the woes of London's theatres Sheridan Morley IHT Apologists for the West End will try to tell you otherwise but this has been a spectacularly terrible summer for the commercial theatre in London. True, most playhouses have remained open. True, too,
      IHT  -  639 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      219 17 AND ENTERTAIN r For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. Ml ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 16 ISf Affordable Cantonese-Thai cuisine fl i Everybody's jumping at
      219 words
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      Page 17 Advertisements Column 2
      83 17 M TTFFZfeq Take your pick from our gala buffet of varied cuisines. 4 Discover a world of local favourites. t Chinese specialities. French fare and Italian flavours. Plus sesty desserts and coffee or tea. And more impo.tanly. it is not going to cost you the earth. )ust $17** for lunch
      83 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Interest in SIA and blue chips livens trade
      4309 18  -  By Sylvia Wong FOREIGN BUYING livened an otherwise quiet day of trading yesterday. Attention was centred on several blue chips' foreign components, stirring hopes among brokers that international funds might be moving back to Singapore again. Brokers said institutions showed selective interest
      4,309 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4044 19 Main Board SIA Foreign 2100 +100 +50% UOB Foreign 685 +35 +5 4% DBS Foreign 1330 +20 +1.5% Keppe) Corpn 750 +20 +2.7% SIA 1360 20 +1.5% Jurong Ship 50* 950 +15 +1.6% OUE 675 +15 +2 3% Roth Inds 50» 620 +15 +2.5% Spore
    4,044 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      210 20 Company Date Yoar Group Not Not earnings Cms mn to profit/loss (L) per share dividend ('000) (cents) Choc Prod Sep 3 Mar 91 M$4,447($983s) 4.9(09) SPB Sep 3 Mar 91 $12.546($10,239) 38 2(31 2) 17 6TE(—) teas Sep 3 Mar 91 M$5.688l($12.525l) Kamunting Sep 3 Mar 91 MJ7.«31(J5,32«)
      210 words
    • Article
      PRELIMINARY RESULTS
      162 20 Company Data Year Group pra-tax Nat aaraiags Cross ann to profit/loss (L) por sluro dMdoad (000) (coats) S CI Holdings Sep 2 Jun 91 MS25 33 5(26 4) 30(10) C Storage Aug 29 Jun 91 $28.680($41,302) 136(18 6) 13(10 7a) Rothman Inds Aug 29 Jun 91 $66,877(153.135) 399(31.6)
      162 words
    • Article
      INTERIM RESULTS
      635 20 Company Mi Haff-yoor Croup pro-tax totoriai hi to profit/loss a) dWdoad COM) H MISC Sep 2 Jun 91 M$260,649($230,207) UE Sep 2 Jun 91 $1,206($3,136) Spore Bus Sep 1 Jun 91 $49,024 ($25,116) 5(—) Apollo Aug 31 Jun 91 $2,584 ($734) Cathay Pacific Aug 30 Jun 91 HK$l,315d($l,596d)
      635 words
    • Article
      CORPORATE DEVELOPMENTS
      442 20 Sep 3 GK Holding* wholly-owned Hongkong subsidiary has raised its authorised and issued share capital to HKs2om (Ss4 4m) from HKslom MM Corp has acquired a 58% stake in Worldwide Ventures, whose subsidiary, Sheffield Enterprise, will develop a higher educational centre and a satellite township in Penang Sep
      442 words
    • Article
      DIVIDENDS ANNOUNCED
      881 20 Cvrrairt Ex lulu Date Total far Total far payment dste dM# psysbto tlw yyr ifyf y%tt UN Dan M (10) 28%(l) Aug 27 NYA Sep 9 28% 58% Mn Wp 50c 61(b) Sep 4 Sep 16 Sep 30 6% 6% MOB 50C 35%(b) Sep 13 Sep 27 Oct
      881 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      933 20 Prtcas as at 04.09.91 Comorsioa tww Pr«animn7 Expiry (discount) AnoMt Optional** aslag issued Company (mU Wrts Skare Loan Com Dor Last* Cask Cash. Loaa GuHm Data Mtks unrts) stock ratio prteo Rom 1 Stk, Loft y||y| > > Burwill 115.2 0 150 0 670 1 00
      933 words
    • Article
      RESULTS DUE
      357 20 Main Board Last Fafl Year Company Nriod Date Year IM EPS Gross Nit nniictd *xfcj (cants) ih prait last ytar (TOO) CeretMi Interm Apr 27 Jul 91 12.6 20 0TE(a) 38,911 Spare Land Intenm May 4 Dec 91 126 100 44,641 Tone Mam Interim Aug 2 Dec 91
      357 words
    • Article
      APPROVED ISSUES
      185 20 Company Rights Issue Man One-tor tour MJ2 00 per share Ex-date Jul 16 Boohs dose Jul 30 Acceptance Payment Sep 10 kfcte Hyd Four tor fwe (a, MJ065 per share Ex-date Jul 25 Books dose Aug 8 Acceptance Payment Sep 17 Mat Kap One-tor-two JO 80 per share
      185 words
    • Article
      PROPOSED ISSUES
      593 20 Company Rights Issue km Pac lad One-for-two g MM 65 per share Mbnca Tech One-for-one $100 per share Baton Issue of 190 978m nommal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45.489m detachable warrants on the bass oI S2 nominal amount ot Bonds for every three
      593 words
    • Article
      BONDS, LOANS & WARRANTS
      753 20 BONDS, LOANS WARRANTS Company CowiiIoh period Cwvtrtld tm tor w irikiify An Buwi Wt Before 30/6/94 1 warrant plus HKJ100 cash CtC HI Before 26/4/93 1 warrant pta $3.09 carfi Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus 10.77 cash or 1 warrant plM JO 77 nominal amount
      753 words
    • Article
      COMPANY MEETINGS
      372 20 Eu Yan Sang Hotdhp Ltd: EGM at 38 Kim Tian Road. #03-00, Kim Tian Plaza, Singapore 0316 on Wednesday, Sep 4, at 11am. FHA Metal Box Bhd: 16th AGM at the PJ Hilton Hotel, Jalan Barat ***** Petaling Jaya, Selangor Darul Ehsan on Thursday, Sep 5, at 11am.
      372 words
    • Article
      RECORD HIGHS & LOWS
      188 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mt 1565.58 3/6/91) 1991 Ngh: 1333 08 (3/6/91) 1991 1149 08 (16/1/91) 1991 low: 1022.52 (16/1/91) 1990 1607.12 (27/3/90) 1990 Nftv 1435 *3 (16/7/90) 1990 tow: 1079.50 (11/10/90) 1990 tow: 981 07 09/11/90) 1487 76 (26/12/89) 1989 hifh: 1322 00
      188 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buying centres on index-linked counters
      4132 21 Bernama BUYING SUPPORT for in-dex-linked counters provided the only spark in an otherwise quiet trading session on the Kuala Lumpur stock market yesterday as share prices closed easier. The KLSE Composite Index finished 1.78 points higher at 561.83 while the Industrial Index gained 2.78 points
      Bernama  -  4,132 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      54 21 I Your fiusin ess Survival Kit We've sharpened our image and focus to help you tame your corner of the concrete jungle. A sleeker Singapore Business now gives you even better coverage of how companies in the Republic and beyond are stalking the opportunities of the *****. Singapore Business You
      54 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares fall on arbitrage unwinding, profit-taking
      2188 22 Reuter TOKYO STOCKS yesterday closed easier on profit-taking and arbitrage unwinding following a four-day rising streak. Brokers said speculative and futures-linked trade dominated market activity, while most investors sat out the sliding prices and parliamentary testimony by brokerage figures. "After moving up four days
      Reuter  -  2,188 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market closes easier in sluggish trade
      1893 22 Reuter HONGKONG STOCKS yesterday ended softer, dragged lower by sluggish sentiment and subdued trade. "All the good news is out of the way," a broker at a large British securities house said. "The airport agreement is signed, Jardines is still a question mark. There's
      Reuter  -  1,893 words
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  • REGIONAL STOCK MARKETS
    • Taipei shares fall sharply as rate hopes fade
      • Article
        AUSTRALIA
        809 23 AUSTRALIAN SHARES closed barely lower yesterday after a burst of enthusiasm prompted by Tuesday's cut in official interest rates petered out. A Baring Securities broker said the market, which gained 30 points on Tuesday after the Reserve Bank cut cash rates by one percentage point, needed a cooling off
        809 words
      • Article
        JAKARTA
        622 23 THE Jakarta Stock Exchange index remained below the 300 point mark for the second consecutive day yesterday, reflecting the low confidence of investors, brokers said. The index closed at 299.34, 0.52 points lower than Tuesday's 299.86 finish. Total turnover was 5.13 million shares. Argo Pantes, which last week shook
        622 words
      • Article
        TAIPEI
        444 23 TAIWAN STOCKS closed sharply lower across the board in thin trade yesterday as hopes for an early easing of credit by the central bank faded, brokers said. "The long-term trend of the market remains bearish," Benjamin Chen of Baring Securities said. The weighted index fell 117.33 points or 2.5
        444 words
      • Article
        MANILA
        503 23 MANILA share prices drifted lower yesterday as continuing debates over the new US bases treaty showed no clear direction as to how the Senate vote would go. The Manila Stock Exchange composite index eased 8.20 points to close at 1,013.80. "For as long as there is uncertainty over the
        503 words
      • Article
        SEOUL
        845 23 SEOUL STOCKS closed firmer in active trading yesterday but earlier sharp gains were partly pared by institutional selling, brokers said. "The index rose sharply on a technical rebound, but late selling by institutions removed some of the gains," Dongsuh Securities broker Chung Chang-shik said. Buying interests focused on banking,
        845 words
      • Article
        BANGKOK
        698 23 THE Thai stock index closed slightly higher yesterday as most finance issues gained in a moderate trade while other sectors ended mixed, brokers said. The SET index ended 2.93 points firmer at 723.71 on turnover of 2.83 billion baht. "Prices underwent corrections yesterday and they are likely to move
        698 words
      • Article
        NEW ZEALAND
        227 23 NEW ZEALAND share prices mostly rose yesterday after a buying flurry in the final hour's trading although the buying was selective. Brokers said there was mild positive carry-over from Tuesday's cut in official interest rates in Australia and they suspect programmed buying accounted for the late buying. The
        227 words
      • Article
        BOMBAY
        61 23 BOMBAY share prices fell broadly on Tuesday as the end of the account approached. Brokers said fears of higher carry-forward charges for the business done in the two weeks ending today triggered widespread selling. The Bombay Stock Exchange index fell 31.63 points, or 1.8 per cent, to 1,764.36. The
        61 words
      • Article
        INDICES & TURNOVER
        87 23 INDICES TURNOVER Close Previous Sep 4 AUSTRALIA All Ordinaries Index 1,566.7 1,569.2 -2.5 All Industrials Index 2,407.3 2.408 1 -0.8 All Resources Index 922.0 925.6 -3.6 Turnover (million) 88.8 90.9 -2.1 BANGKOK SET Index 723.71 720.78 1-2.93 Turnover (billion baht) 2.83 4.18 -1.35 JAKARTA Composite Index 299 34 299.86 -0.52
        87 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        325 23 In local currency In S$ In LS$ Sep 3 Index day year day year day year change change change change change change World 409.6 0.0 14.4 -0.1 8.4 0.0 9.7 JEAFE 520.8 -0.3 10.8 -0.2 2.6 -0.1 38 Europe 441.7 -0.3 21.2 -0.1 3.8 0.0
        325 words
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  • WORLD STOCK MARKETS
    • Dow ends lower as market awaits jobs data
      • Article, Illustration
        NEW YORK
        1263 24 WALL STREET stock values crumbled on Tuesday as investors shed holdings to wait for tomorrow's August US employment report. The Dow Jones index of 30 leading industrials closed at 3,017.66, down 25.94 points from Friday. Markets were closed on Monday for the Labor Day holiday. Trading was calm
        1,263 words
      • Article, Illustration
        LONDON
        878 24 A HALF-POINT percentage cut in British interest rates to 10.5 per cent reversed an early downtrend on the London Stock Exchange yesterday. After drifting slightly into the red in early trading, the FTSE index rallied strongly as the announcement of the cut took the markets by surprise. By mid-day
        878 words
      • Article
        PARIS
        136 24 FRENCH SHARES ended at their sec- ond highest close this year on Tuesday as burgeoning demand for state-con-trolled firms continued to buoy the market, traders said. The CAC-40 index ended at 1,873.18, up 9.66 points or 0.52 per cent, on a volume of just over two billion francs. The
        136 words
      • Article
        AMSTERDAM
        337 24 DUTCH SHARES on Tuesday ended a quiet session slightly lower on late prof-it-taking and disappointing interim results from biotechnology group Gist, dealers said. "It has been a hell of a quiet day, the market doesn't know where to go. The late falls are from people taking profits of 30
        337 words
      • Article
        BRUSSELS
        155 24 BELGIAN SHARES closed higher for the fourth consecutive session on Tuesctey on higher bond prices and institutional buying in blue chip stocks on the first day of the new forward account, traders said. "The Belgian bourse is lagging behind foreign bourses and still has some more upwards potential," one
        155 words
      • Article
        ZURICH
        301 24 SWISS SHARES on Tuesday ended a slow session little changed with a lower bias. Dealers said Wall Street's firm opening helped the market to recover some of the earlier mild losses. The all-share SPI index eased 0.7 points to 1,118.1, while blue-chip SMI index slipped 1.1 to 1,731.4. Dealers
        301 words
      • Article
        FRANKFURT
        230 24 GERMAN SHARES edged higher in quiet trading on Tuesday, nudged up as investors focused on second tier shares. The 30-share DAX index rose 5.18 points to 1,655.64. The DAX spent the entire session in a narrow three-point band between 1,655.37 and 1,658.26. It was the sixth consecutive session in
        230 words
      • Article
        MILAN
        165 24 ITALIAN stock prices edged higher in technical positioning on Tuesday as the bourse authorities sold off positions held by two brokers driven insolvent over the affair of the 85 billion lire of missing shares. "A big weight has been lifted. Now we need to see if the market is
        165 words
      • Article
        JOHANNESBURG
        366 24 GOLD SHARES closed off their day's highs in Johannesburg on Tuesday, but remained firm following Monday's gains on expectations of a further upward correction in world bullion prices after last's weeks slump, dealers said. The trend spilled over to most other sectors and both local and foreign interest was
        366 words
      • Article
        TORONTO
        278 24 TORONTO STOCKS ended the day at session lows on Tuesday as market players shed their positions and headed for the sidelines ahead of tomorrow's US unemployment figures for August, dealers said. Bearish sentiment also drove the market lower, they added. "The lethargy of August overflowed into the first trading
        278 words
      • Article
        Untitled
        118 24 Sep 3 Close Previous NEW YORK Dow Jones 3,017.66 3,043.60 -25.94 SAP 500 392.15 395.43 -3.28 Turnover (million) 153.71 143.44 +10.27 LONDON Financial Times 30 2,096.4 2,108.3 -11.9 FTSE 100 2,669.0 2,679.6 -10.6 Turnover (million) 429.4 366.6 62.8 FRANKFURT DAX Index 1,655.64 1.650.46 5.18 AMSTERDAM CBS Tendency Index 91.5 91.6
        118 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar eases slightly ahead of US jobs figures tomorrow
      1183 25 REPORTS ASIA Tokyo: The dollar eased slightly yesterday in quiet tight-range activity in late Asia trading with sentiment remaining bearish, dealers said. "I guess many people are sidelined and looking for direction from Friday's (US unemployment) figures," said Philip Yeung, chief
      1,183 words
    • Article
      INTERBANK FOREX RATES
      386 25 Cross rates sep4 USS SS MS Dm Yen SFr AS NZS USS 1.7165 2.7820 1.7370 135.80 0.5901 1.5225 1.2780 1.7422 SS 0.5826 1.6207 1.0119 79.1145 0.3438 0.8870 0.7445 1.0149 MS 0.3595 0.62 0.6244 48.8138 0.2121 0.5473 0.4594 0.6262 Dm 0.5757 0.9882 1.6016 78.18 0.3397 0.8765 0.7357 1.0030
      386 words
    • Article
      MONEY MARKET
      528 25 Interbank rates SS Bid Offer' Overnight 3 3/4 3 7/8 1-month 4 15/16 S 1/16 2-month 5 5 1/8 3-month 5 1/16 5 3/16 Overnight mode: 4-1/4 LS$ Bid Offer 7 days 5 5/8 5 3/4 1 month 5 11/16 5 13/16 2 months 5 5/8 5 3/4
      528 words
    • Article
      Lock icon Tokyo dealers wonder when dollar/yen torpor will end
      471 25 Reuter TOKYO Japanese currency dealers have begun to question whether the yen/dollar market can ever recover from its current torpor and break free from the narrow trading bands which have prevailed since April. "It's really become a matter of life and death
      Reuter  -  471 words
    • Article
      Lock icon Three-tranche tender boosts flexibility
      302 25 Reuter FRANKFURT The Bundesbank on Tuesday added a new weapon to its money market arsenal, setting a three-tranche tender for securities repurchase pacts to make it easier to steer banks' monthly funding needs, dealers said. It was the first time the central bank had offered three
      Reuter  -  302 words
    • Article
      FINANCIAL FUTURES
      1090 25 SIMEX EUROOOILAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.29 94J1 94.29 94.30 1 700 ***** 1712 Dec 91 94.01 94.03 94.00 94.02 3780 ***** 6182 Mar 92 94.05 94.07 94.05 94.06 2500 ***** 1446 Jun 92 93.77 93.79 93.77 93.78 600 2576 468 Sep
      1,090 words
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  • COMMODITIES
    • Article
      Lock icon Soviet collapse likely to send gold diving, oil up
      435 26 AFP LONDON A two-dollar hike in crude oil prices and a slump to 1986 gold values are just two of the potential consequences of the crisis in the Soviet Union for world commodity markets, according to analysts here. After the storm
      AFP  -  435 words
    • Article
      Lock icon Japan's battery demand boosts cadmium imports
      256 26 Reuter TOKYO Robust demand in Japan for electronics products that use rechargeable batteries continues to give cadmium imports a big boost, metal traders say. Both consumption and imports of cadmium, used in fast-charging nickel-cadmium batteries, have risen steadily in the past few years, government
      Reuter  -  256 words
    • Article
      Tin holds steady for second day running
      814 26 REPORTS THE PRICE of tin settled unchanged at M 515.15 per kg yesterday for the second consecutive day on the Kuala Lumpur Tin Market following uncertainty over the US$5 drop on the London Metal Exchange overnight. Lack of fresh overseas enquiries and poor
      814 words
  • Article
    PRICES
    1380 26 Rubber se P 4 tM (t»> l» Mm) S cents/kg Noon Close Int I RSS Prompt I37.5<V138.50N 137.25/138.25N Int I RSS Oct 91 138.50/139.00 138.25/138.75 Int 1 RSS Nov 139.50/140 00 139 25/139 75 Int 2 RSS OP 137.50/139 50N 137.50/139 50N Int 3 RSS OP 136.50/138.50N 136.50/138 50N
    1,380 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1463 26 businesstimes TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 pl HMM rp>l lli f> Marine surveying and consultancy practice The Company was established in Fremantie, Western Australia in 1976 and has traditionally consisted of three principal partners. The Company has been associated with a variety of marine oriented matters, the emphasis of which varies
      1,463 words
    • Advertisement
      Page 26 Advertisements Column 2
      6 26 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1158 27 City FlfrM ETA Flight ETD Abu MaM GA887 1245 GA894 2255 GA975 1300 AdaiaMa QF081 1820 SQ228 1905 Amsterdam SQ23 0700 KL834 2240 KL833 0910 GA894 2340 GA975 1300 AMww SQ26 2200 Aacfclaod BA11 1225 SQ325 2115 Bakraw GF148 1000 Bjlikpapan GA525/ 1755 910 E Sft
    1,158 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Pinning its hopes on tourism
      582 27  -  POSTCARD FROM ALBANIA By Jonathan Lynn Yugoslavia's Adriatic resorts are empty because ethnic violence has frightened away tourists. Further south, the clear blue sea and sandy beaches of Albania also lie deserted for lack of development. Now the reforming coalition government of Europe's poorest country,
      582 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3394 1.3509 Canadian dollar 1.4888 I.SI 13 NZ dollar 0.9750 0.9897 Sterling pound 2.8959 2.9206 US dollar 1.7145 1.7185 Local dollars to 100 units of foreign currency Austrian schilling 13.90
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Sep 3-8 Furniture and Helsinki. The Finnish Fair *****5091 Sep 5-8 International Strasbourg- Societe Des nssttiion Interior Finland Corporation Fashion Fair Wacken Foires Et Decora,,on (France) Expositions Sep 4-7 Cattle Asia "91 Bangkok Conference *****66 Sep 6-16
      87 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      42 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77. We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 27 Advertisements Column 2
      43 27 BURNOUT RS™^ W I I j jjjl 111 Is lhe Pretty Is Bruce Willis Is Tom Cruise Woman's career bombing out at having a fading away? the box officet bumpy ride? Find out if Hollywood's star system is under threat. NEW, NEWS, NEWSY
      43 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      262 27 1 Fashion decorations of —-^^J—i^^ garments harmonising switch, for example (9) ~~■Bl~ I■■ 10 Some tomahawks here 11 Resort of Abersoch so deson one's arms _LJ___■■""■J" -^H|j| rid Zone's boundary? (6) I j 1 1 j j I f Jack's on 18 To close spleen is to put it 21
      262 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      208 27 Singapore Outlook: Fair, with showers over a few areas Report Maximum temperature 30.5 Assoc humidity 72% Minimum temperature 23.0 Assoc humidity 99% Hours of sunshine 2.90 Rainfall in mm 10.3 Rainfall this month 38.4 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Windy Bangkok 34/25 Fair
      208 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      7 27 8507 e EVEM,NO STANDARD CO. LTD., IM2-IHI
      7 words
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  • Article
    Lock icon Jakarta clamps down on offshore commercial loans
    440 28 Govt sets ceiling and forms coordinating body AFP JAKARTA Indonesia, wary that the rapid growth of offshore commercial loans could jeopardise its ability to repay foreign debts, moved yesterday to restrict new borrowings by setting a global ceiling and establishing an agency to
    AFP  -  440 words
  • Article
    Lock icon KL bans land sales near airport site
    161 28 Reuter MALACCA The Malaysian government is freezing land sales in the area where it is to build a new Ms2o billion (S$ 12.4 billion) airport to serve Kuala Lumpur, Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday. "No one can buy land
    Reuter  -  161 words
  • Article
    Beijing frees HK political prisoner after Major's visit
    274 28  -  From Catherine Ong in HONGKONG BRITISH Prime Minister John Major flew into Hongkong yesterday to be greeted by news that China had freed a political prisoner from the territory. The release of Luo Haising, a Hongkonger who was arrested in October 1989
    274 words
  • Article
    Lock icon Nomura, Nikko ex-chiefs reveal more compensation
    160 28 AFP TOKYO Former heads of Japan's two leading brokerage houses, at the centre of widening stock scandals, said yesterday their companies had compensated more clients for trading losses than previously made public. Setsuya I abuchi, who quit in July as chairman of Nomura Securities
    AFP  -  160 words
  • Article
    Lock icon Britain lowers interest rate by half point to 10.5 pc
    289 28 Reuter LONDON Britain shaved interest rates yesterday in the Conservative government's latest move to help the economy out of a deep recession. The Bank of England, the British central bank, cut its money market dealing rate to 10.5 per cent
    Reuter  -  289 words
  • Article, Illustration
    Re-tooling Asean for a new era
    733 28  -  The Bottom Line GHAZAU SHAFIE GHAZAU SHAFIE The writer is a former foreign minister of Malaysia, chairman of the National Economic Consultative Council and head of an Eminent Persons Group charged with re-examining the functions and administration of Asean THE RECENT annual meeting of
    733 words
  • Article
    Telecom invests in venture to upkeep submarine cables
    315 28  -  By Dexter Lee SINGAPORE Singapore Telecom is spending $33 million in a new joint venture to ensure its estimated $500 million worth of investments in submarine cables and related undersea equipment are well-maintained. Yesterday, the local telecommunications authority signed an agreement with
    315 words
  • Article
    Lock icon Thai forces plan to buy new fleet of fighter jets
    319 28 Reuter BANGKOK The Thai armed forces plan to spend hundreds of millions of dollars on a new fleet of fighter aircraft part of a big build-up of military hardware that critics say is out of step with the times. Press
    Reuter  -  319 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      509 28 Nikon The World's Finest Photographic Systems >^|k.«i (OWN A SHOPHOUSE IN TANJONG PAGAR CONSERVATION AREA) Revitalising the Tanjong Pagar Conservation Area is a challenge that URA has undertaken with Jr J success. We sold about 200 shophouses in the Jr f area over the past 3 years. From a once
      509 words
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      Page 28 Advertisements Column 2
      6 28 Nikon The World's Finest Photographic Systems
      6 words
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  • Shipping Times
    • Article, Illustration
      Local air cargo industry expected to grow 6pc
      484 29  -  By Rahita Elias SINGAPORE Singapore's air cargo industry, hit badly by the Gulf War and recession in major economies, is expected to grow by only up to 6 per cent this year, say industry players. Their estimate is a contrast to the
      484 words
    • Article
      Good start falters
      209 29 SINGAPORE Singapore's air cargo industry had actually started off the year on a strong note. In January and February, throughput growth averaged 9.6 per cent a month over the previous corresponding periods. This is slightly higher than the industry's growth of 8.5 per cent in the first
      209 words
    • Article
      Lock icon Vietnam Airlines: caught between a rock and a hard place
      551 29 AFP HANOI Vietnam Airlines (VN) is trying to stay aloft despite the twin pressures of the Soviet economic crisis and the US trade embargo. "It has been a difficult year," Nguyen Hong Nhi, director of Vietnam's national carrier, acknowledged in
      AFP  -  551 words
    • Article
      INDEX TO ADVERTISERS
      926 29 Page Col ABC Containerline 12 1 Aeropak 16 1 Accord Group 8 1-3 Ahrenkiel Liner 16 5 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
      926 words
    • Article, Illustration
      Seal and adds two ports to S-E Asian network
      353 29  -  By Magdalene Phang SINGAPORE American liner Sea Land Service Inc has expanded its South-east Asia network to cover Songkhla in southern Thailand and Pasir Gudang in Johor. According to a statement from the US, the carrier had been calling at Songkhla
      353 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        466 ships registered in Panama in first half
        93 30 PANAMA A total of 466 ships, with an aggregate 5.2 million gross tonnes, were registered in Panama between January and July this year. This is a 19.4 per cent rise over results obtained for the same period last year. Of the ships
        93 words
      • Article
        New Lufthansa chairman
        43 30 SINGAPORE German carrier Lufthansa has appointed Juergen Weber to succeed Heinz Ruhnau as chairman. Mr Weber, who was previously deputy chairman, replaced Mr Ruhnau on Sep 1. Former chief executive of finance KJaus B Schlede was appointed Lufthansa's deputy chairman.
        43 words
      • Article
        Phones on trams in Berne
        93 30 BERNE Berne tram travellers will be able to telephone anywhere in the world from an onboard phone booth in a European first, it was announced on Monday. Initially only one tram will be fitted with a phone booth in an experiment to determine whether the
        93 words
      • Article
        Pan Am to run Paris-Miami route
        62 30 PARIS Pan Am Corp, which has sold most of its transatlantic routes to Delta Airlines Inc, will continue to offer service between Paris and Miami, Pan Am said on Monday. Pan Am will fly between Paris and Miami its sole remaining transatlantic route three
        62 words
      • Article
        COPA to fly to Honduras, Mexico
        78 30 PANAMA CITY The Panamanian airline, COPA, will offer flights to Honduras and Mexico three times a week beginning Oct 1, company officials said on Monday. COPA will fly from Panama City to San Pedro Sula in Honduras and Mexico City, with a round-trip ticket
        78 words
      • Article
        Bank loans for Thai Airways
        66 30 TOKYO Four Japanese banks, including Mitsui Taiyo Kobe Bank Ltd and Sumitomo Bank Ltd, will provide U5534.3 million in loans to Thai Airways International Ltd, a Mitsui spokeswoman said on Tuesday. Thai Airways will use the l(Vyear loans to buy a Boeing 737-400 jetliner, she
        66 words
      • Article
        Pakistan Toyota project speeds up
        66 30 KARACHI Work on a joint venture to make Toyota vehicles in Pakistan has been expedited, a spokesman for the project said on Monday. This follows the government's restoration of the import permit of Toyota Motor Corp vehicles by a local joint venture a month after
        66 words
    • Article
      DAILY FREIGHTS
      445 30 THE DRY cargo freight market on Wednesday drifted mostly easier with the market slow to pick up after Tuesday's US Labor Day holiday, brokers said. The Baltic Freight Index eased two points to 1,546. But the SS Y Research Services Atlantic Capesize Index rose for the second successive
      445 words
    • Article, Illustration
      Lock icon Paying the price of success
      1541 30  -  Japanese car makers are capturing a bigger segment or the US car market, but success brings its own problems as well, reports David Sanger David Sanger NYT JAPAN'S auto companies are emerging from the recession in the United States with a far bigger slice of
      NYT  -  1,541 words
    • Article
      COCKETT BUNKER MARKET REPORT
      840 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      840 words
    • Article
      THE SHIPPING GUIDE
      11950 38 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
      11,950 words
    • Article
      SHIPPING AGENTS
      3310 43 Conuinertine NV: Bel sin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporatioa Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,310 words
    • Article
      COURIER SERVICES
      259 43 Abacas C ouriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. A 11 II II ,gt \iroome rreigni t orponioon 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.
      259 words
    • Article
      AIR FORWARDERS
      1574 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822: Fax: *****20. Aerolink Freight International Tel: 545-8031 Fax: *****05. Aeraapeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,574 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
      396 44 ARRIVALS DEPARTURES Op Flight Type ETA T Frow Op Flight Type ETD T To T0DAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK 1£3s A30p F 2345 STJMNL BWF 07,5 2 XB/L N TOMORROW TOMORROW JAL JL615 B747F 0240 1 TYO NCA
      396 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      772 44 SHIP SALES TANKER RATES Reuter AFP TWO DRY only OBO's sold on a tender basis "As is", the 1976-built Yallathol of 114,147 dwt sold for about USS7.2 million to Singaporebased interests, and the 1977-built Yallabhbhai Patel of 113,925 dwt for USS6.3 million to Greek buyers. VESSELS ON OFFER Bulk carriers
      Reuter; AFP  -  772 words
    • Article
      CRUISE & FERRY SCHEDULES
      497 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Nmm of Vessel ETA ETD Pom of Calls Pott Acent 05 05 Orient Sun 1000 800 Sin-Jakarta-Sin Sembawang Johnson 06 06 Com Princess 1000 1800 Sin-Jakaita-Sin Sembawang Johnson 07 09 Doulos 0700 1800 Sin-Asean Jardine Shipping 09 09 Orient Sun 1000 1800 Sin-Jakarta-Sin
      497 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        557 45 *L!!! WMMi Birth jggl P^artm Marina Terminal 1 Sembawang Terminal Batam Sayang *****1 M05 alongside 05.09/0500 Catamarca 2 34W SOI aJowside 0509/1800 Batammdo 1 90S M02 alongside 04.09/1700 CoJum Papua 3S S03 alowside 05 09/0600 Brastagi 17/91 M03 alongsde 04.09/2300 Frycz Modrze 34E S02 akxvsde 04.09/1400 Hat
        557 words
      • Article
        IN MALAYSIN PORTS
        238 45 Johore Port Berth: 1: Geniki; 2; Gu Yue; 3: Glory Setatan VI, Hong Leong; Alam Aman; 5: Barge Sagittarius; 6: Blue Meadow. 01 jetty: Bumeugah, Hat Heng 88. DCJ: Ruby. (hie on Sept 4: Nur Manna, Golden Fountain. toe on Sept 5: Bakri Navigator, tstana VI, Contessa,
        238 words
      • Article
        CONTAINER SCHEDULE
        888 45 RECEIVING Of EXPORT FCl CONTAINERS AND LCI CARGO Record Bookm/Maico Mtt SMp Voy No Etb/Btr Mod fmT To From Daisy 18A 06/1000 1 04/1500 04/1659 04/1900 3 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 M Ifaharraq 2 06/2200 1 04/1500 04/1659 04/1900 3 05/0700 05/1159 05/1400 05/1200 05/1459
        888 words
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      Lock icon Foreign-flawed ships are deathtraps: Canberra
      341 46 AFP CANBERRA Many for-eign-flagged ships operating in Australian waters are "deathtraps", Shipping Minister Bob Collins said yesterday. Mr Collins told a conference that 60 per cent of for-eign-flagged ships inspected during the last 12 months were detained because of structural deficiencies and poor safety equipment.
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      Lock icon NY subway motorman indicted on murder charges
      264 46 NYT NEW YORK The subway motorman whose train derailed last week, killing five people, was indicted on Tuesday on murder charges, a ifcore serious charge than the manslaughter counts on which he was arrested after the crash. I A Manhattan grand jury approved
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      137 46 AFP WASHINGTON American Trans Air Inc, a leading US charter airline, said last week it would sack 400 employees —15 per cent of its workforce due to cut-throat competition by some bigger, bankrupt airlines. "The passenger volume similar to last year's three million is reasonable,
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      Lock icon Crippled tanker leaves big oil slick off Brazil
      321 46 AFP RIO DE JANEIRO Oil leaking from a crippled Greek-registered tanker has formed a slick 30 km long and six km wide in the South Atlantic off Brazil's coast, a government official said late on Tuesday. The tanker, Theomana Valletta, began taking
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      Lock icon Continental confirms talks with Perot Jr
      344 46 NYT NEW YORK H Ross Perot Jr has held talks with Continental Airlines about a possible venture that could be put together with several foreign carriers to inject new money into the bankrupt airline to make it more viable. Art Kent, Continental's vice-president of
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      20 29 Lines and servient represented Members of the Registry ef Accredited (i§TfSiu*\ MM advertising enquiries, contact Shipping times: I'el 7 40->OX9/740-2090.
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      675 29 SI I SWEEHENG METAL CO PTE LTD I No. 13, Tum Avwiue 14. SPQRE 2263 FAX 061-2946 ■TR: 861 -6666 (5 W TIX HS ***** SHMCPtiMM M Commercial Cleaning Equipment Industrial Maintenance Equipment Also buy.sel rental A repair THE 4TH SINGAPORE INTERNATIONAL BUNKERING CONFERENCE SI BCO N '91 19-20 September
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      54 29 Ar Forwarders |5 Ar Fragfo Schadult 16 Cockett Report 2 Contaner Schedule 17 Couner Services 15 Cruse I Ferry Scheddes 16 My Fnjgfe 2 Index to Advertisers 1 Port Condtans 16 Sftppmt Agents 15 Guide 1111 Shpsales/Tanlier IMb 16 SNps «i Port 17 Singapore Tides 17 Transport Diary 3 Weather
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      120 30 Scalpel...scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to marimisp returns on your money. Essential information accessible every business day T A through Business Times. In the same way a surgeon needs his
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      1885 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES %I|V## TEL: *****11 FAX: *****09 M||f/ BOOKINGS TEL: *****34/ *****58 IVlRfia nR TERMINAL/CFS TEL: *****18 220 P COCu3 *1 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD M PORT KELANG TEL: *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 Dedicated to
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      1724 31 TRANSPORT DIARY Sept 12-13: Seminar on Shipbroking and Chartering I! Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sep! 14-18: Japan International Aerospace Exhibition, Tokyo Japan. Sept 24-25: Seminar on Marine Insurance in Carrier's and Shipper's Perspectives, organised by Facs World at Carlton Hotel. Oct 15-16: Seminar
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      910 31 WEEKLY SAILING TO MIDDLE EAST OCEAN BLESSING V.IOIW ETA SIN 12/9/91 Voy ETA ETD Feeder t>; Singapore Merkur Delta DESTINATIONS lo This «Nk Mar en Maertk 9106 CY 10/9 0000 HRS Port IS Ml O^£^QEmSSBXSSHE|E^^3^^H CFS 9/9 2358 MRS Kelang Penang OAK LQ6 HQU MEM ATL MIA CHS BAL PHL
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      1097 32 71 |ROTTEOAM/| I VOV NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 20/135 5/9 28/9 24/9 23/9 BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 HONGKONG EXPRESS 03/136 12/9 5/10 1/10 30/9 ISmbIMI KAGA 20/338 15/9 2/10 4/10 7/10 8/10 L 111 tifftrtmm» KURAMA 12/137 19/9 12/10 8/10
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      705 32 SEABPAC SERVICE DWECT SOUTH PACfIC SERVICE SIN NOU suv PPT COPIAPO 2601E8 3/10 18/10 20/10 25/10 ALSO ACCEPTING CARGO Vl* SUVA TO: LAUTOM. PAGO PAGO, APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX COPIAPO 2601E8 3/10 7/11 8/11 14/11 15/11 ALSO ACCEPTMG CARGO TO ARICA.
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      996 32 Elar«»A«*A &Msm >WDEPEWDeWT RJLL COWTAINEW SERVICE VSL/VOT m ®CL HAM BRE ROT ANT Ftt LHA m (VU (MA hOfIA^SIA^SINGA"9I?6 3 00/ne m/ 22 25/09 02/10 047 04/10 05/10 05/10 OC/10 ESr I I i I I 8 lis E m xmmuum owwn. w'otoSlwem WESTBOUND FOR MEDITERRANEAN VIA VLT (MALTA) ski«'»
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      1441 33 zzzjjjgSteamers Maritime Holdings Ltd P&O I tKTM STRAITS SHIPPING Containers EJS ¥»y No Klf H'Kong #Pfcl S pore Alf Sou Ant Rot -J? W/M 01/W 01/ M OS/0S 19/ M ZVM M MT 0554 04/09 01/09 01/09 24/09 26/09 28/09 RAIAH Mnntr moac U. I. wm J lA«A UAERS* 1110
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      76 33 S i A7i 1 W 1 5552SEACROSS REGULAR CONVENTIONAL SERVICE I SINGAPORE TO PDttAt/fHAN i H Loading SIN 8 MV "GLORY STAR" V.l/ 91 15 SEPT 1991 MV "GRAND STAR" V.l/ 91 10 OCT 1991 S pore: Seacross Shipping Chartering 8 T«fc *****51 F»c *****70 Tlx: ***** SECROS Dubai: World
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      1201 33 m p I TO: U.S.A./PANAMA FM: U.S.A./PANAMA J chotawc mS tms T l "io ?/i 0 lo 0 C £glZ*>! wrc wo« m cih i« om |7 CHOTW6 GUNT tfl* 14/0 1/1* 1 1/10 20/10 25/10 »/|J H/ J M/l" IIJS! W7 V% U/ lVt II »>J7 2i/» "J™. v
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      Page 33 Advertisements Column 4
      393 33 11l LOADINfI FOR YOKOHAMA I COSMIC MASTER V 2 I ETA SPORE 11/9/91 M I ETA PK 99/9/91 I ETA YOKOHAMA 28/9/91 I LOADING FOB OSAKA/NAGOVA/ I TOKYO/YOKOHAMA I COSMIC LEADER V 4 111 ETA SPORE 13/9/91 I I ETA PK 15/9/91 -I I ETA OSAKA 28/9/91 I ETA NAGOYA
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      605 34 MUilii CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE */WY STORE MMM/AOAM H'BURG BREMEN ttTHW OTAI/23W 10/J 12/10 17/10 21/10 23/10 MRTNUM/30W 10/10 12/11 17/11 21/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO *+l«ct to lnduG«m«flL Aieo accepting cargo to CaMblaoca. Pofl Saw, Port Alexandria. Garvoa, Trieste ALSO ACCEPTING BOTH
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      858 34 16?) it. V HANJIN SHIPPING IS'portlLEH RTM ANR HAM BRV FEL g.™ l l LINE MAUL LGB OAK HANJW LONGBEACH 034W 8/9 26/9 27/9 28/9 28/9 29/9 30/9 L°is ,/S Hll OU£ 7/10 10/10 HANJW HONGKONG 030W 15/9 3/10 4/10 5/10 5/10 6/10 7/10 "*2*2 Hill 1 0 23/0 £CT
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      54 34 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS OPERATORS OF CARGO VESSEL. TUGS BARGES SPECIALISE IN HEAVY-LOT, PROJECT CARGOES TO ALL INDONESIA.MALAYSIA, THAILAND. miLIPLVB PORTS. OFFER CHARTERING OP OUR CAROO VESSEL TUOS A BARGES. TEL: *****26 FAX: *****63 INDONESIA: PT PEL
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      883 34 -4 f 1 -J TpT^TH^JT^^ IiHVK* V>" """"s> a, «.",.Si. Z» mi, ST» Til Tu SuSI. Si. Si, I lijwii.., nnmu,™. T» T» S« mi. m. S» a« «1 to Sra ml mm mi ara Kl Vi K! £g £HM CRT K <64 2/1# 3/U t/l« 9/1# 11/1# 14/1# IS/1#
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      1501 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNEUNK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 mg AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 m NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.
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      504 35 [jNTWBp 12/9 KAOHSIUNG 12/9 I COLOMBO 15/9 SEE' KFFIIINR i?/Q BOMBAY 13/9 HAMBURG 12/9 KEELUNG 12/9 KARACHI 13/9 SKK?" 1 [iOHG KONG 9/9 MADRAS 10/9 L J** TOWE 12/9 Ul||Hl CHITTAGONG 9/9 GENOA 12/9 MANILA 11/9 CALCUTTA 8/9 MARSEILLES 12/9 1 ROTTERDAM 12/9 9/9 FTRTTTTTr^HI^^H BANGKOK 8/9 IJAKARTA 10/9 TOKYO
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      903 35 m 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 EASTBOUW—QgCHMOWG WftSIBUIC—IOAONG TRANSHFPED VW ROTTBgMtT| *5 1,6 *0* m hbc bhv te rtm ant act
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      1143 36 ICR No: **********0 M) V W V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD |m| H TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I JL HLi JL# JL X MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD ITAWACAVI VTCI7XI vaicua tTn TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. NAWAoAJvi KlbfcN
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      1097 36 V® PHIII-OM€NT UN€S PT€ LTD I°® Robinson Road #07*00 GMG Building Singapore 0106 *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU (yjg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCUTION 11 SEP DUBAI. DAMMAN, SHARJAH. DO«A. 10 SEP MUSCAT, BAHRAIN, ABU
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      1046 37 PACIFIC INTERNATIONAL LINES (PTE) LTI m mMI PH. Building, 140 Cecil Street #0300, Singapore 0106. [BANGKOK VSSSIL VOY SIN JKT SIN JJJJ SIN BKK SIN •UNQA TERATAI 383 8/8 10/9 IS/9 *°7* ,NTANQ J" 7 JJ* 10/9 14/S BOBN 371 10/1 If/9 17/9 KOTA BURIA 9102 11/8 tt/a i»/o EQUATOR
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      1056 37 A( BEN LINE CONTAINERS LTD Cantonment Road Tel: *****22 #13-05 Southpomt !>.% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESS£L VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nfton 306 8/9 29/9 30/9 Z NeOlloyd Delft' 318 9/9 26/9 27/9
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      533 37 nTtTTTSi^TT! M MYANMA wßk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pon P.Gdf MYOMA YW A VI3CW Stfed S*d MP! A¥A VIIOW 1/11 Sap HPA-AN VIC7W 15/17 Uf> PAGAN VI7SW 21/23 Up F BANK LINE S (A service of Andrew Weir Stripping) \l SEMI-CONTAINER
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      726 40 TO AUSTRALIA/NEW ZEALAND **[jh Ifrwn IIM I Auct TnH If CHAIM ■RUSSfI 277 U/J 19/9 U/9 ITJi jTIo" 5/10 ~s/io C. WTOIME 271 n/i 2/10 7/10 12/10 10/10 227T0 awtwww 27$ ls/io 27/10 1/11 ITTT ioTIT 12/11 uTil ■ai i«/ii 21/11 2«/ ii 17IT Tnt "iTTT ToTT? TO USA/CANADA Port
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      772 40 I EXPORTS TO HONGKONG. I (XJTB(XJWD WY Ml PEN WT SN I MNI HKG KAO KEE TYO SM2 NGO KOB VCSSa VOY |SM IPKL PEN M.W SM T» CHORUS 238 31« **29 3 9 <9 109 12 9 17 9 119 19.9~ AC* DAISY ISA "T»~ "T5 ljT" AC ,<Wt
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      191 40 11 T PERUSYhAAN PELVYAtSH^ i m KALIMANTAN i DIRECT WEEKLY SERVICE TO 1 1 JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA XXI Voy 19/91 4/5 Sep lakarta/Paienibanf I NIAGA XXN Voy 20/91 5/6 Sep iakarta/Patembanf NIAGA 42 Voy 15/91 9/10 Sep Jakarta/Palembani NIAGA XXI Voy 20/91 12/13 Sep Jakarta/Palemban I NIAGA
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      1322 40 I /tea I I CHINA OCEAN SHIPPING COMPANY I I FULL CONTAIN KB LINER SERVICE I MALAYSIA S AGENTS SINGAPDAF'S GFNFRAL AGENTS (OONtSWS AGENTS I CHUNG CHIAO SHIPPING SDN BHO MSTM SHIPPING PTE LTD GLOBAL PUTRA I -mfflSlftiM" 1 COSHT KW™ I SSS *g" BHO CR NO: U*****0000M W; {ft
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      553 41 HaittfflilMM 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 6.9.911 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN. KATHLYN TAY, SOPHIA BAY OR KAREN SIM FAST DIRECT REGULAR
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      486 41 I^^^ICHHELDTKS!N^gencie^S)TT^TOI S TEL: *****33 (12 Llims) m FAX: *****15/*****03 Itjgj TELEX: RS ***** RISHIP (3 Lln«s) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA I LOADING FOR SPORE ABYOT 25W8 27/09 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANDINET ?SWB 28/10 DARESSALAAM MOMBASA DJIBOUTI ASSAB
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      927 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA STOW POUT KELANG PENANG BLUE JAOE SAILED In Port Loading tot Mate •MJVAI HUDHU 10/9 loading lor Calcutta OOLPH* |2/9 Loading for Male PIONEER SUPREME 11/S Loading For Male DOIUKUIHI 15/9 Loaded For Feliwaru PROGRESS LBCRTY 20/9 Loading for Maldives
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      687 41 JAKARTA Mn I 1 «t 11 una |wr mum mmm~J~ WANA BKI 107S 7/9 10/9 NANTA BHUM S«N to ft S/9 tm \/i -?55i5 55 14/1 CHArYA BHUM#* 22N Ut Ti% Tm 10/9 NABK 1015 u/> 17/> ut m m ImT 55 11/8 21/9 MAHA BHUM# 73N S» |/> n*
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      1232 42 S'PORE MPORT: *****02 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 I UK/SCAN/«|lg& PORTO dOHIOMBOfS. AFRICA PEN PK SIN PEN PK m Im Colombo 7/9 8/9 9/9 I 5/9 6/9 7/9 Ldn/Fli/Rdm/Ant Ourban/Pt
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      41 42 OPS Orient Pacific Services (S)l Pte Ltd SIN LOADING FOR TBN 2-5 OCT Savannah. Charleston. Norfolk YANNIS II 15-20 OCT Lome. Tema. Abidjan, Dakar 80, Marin* Parade Road #05-15 Parkway Parade B'pore 1544 Tel: *****11 Fax: *****11 Tlx: R8 ***** OPBBIN
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      328 42 flßfc BLUE star line TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL LVT SIN PROSPtCT 1«S 14/9 26/9 VIA NPL 2«/9 15/10 MANOAMA 0504 21/9 3/10 VIA NPI 5/10 22/10 PREMIER 14S 29/9 11/10 VIA NPI 13/10 30/10 FULLY CONTAINERISED
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      1178 42 /&Z THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 Vdr TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO conventional/combiner I container services SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA YKSEL VOY ETA lEST VESSEL VOY SPOIE
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      80 44 NATIONAL EXPRESS J FORWARDERS (SI PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 UNES) FAX: *****58 Weekly consolidation to:ta«»rdom,<*»H>o, Hamburg, Ajl Pwnfj *a-las CUTOO6 I U Havre, Frfxstoww, Antwerp, %mMar*.*, Bordono Vidian PtS I Karoch} Cdombo a—L Hom Kong, Bangkok, Ptnong, China Ports •Regular
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      38 44 Regular Breakbulk Service from Far East to Mediterranean and Red Sea Ports Vessel/Voy Sin Destinations Bechar 21/09 Algiers, Port Sudan Note: Inducement Offers Welcome General Agents: OPTORG SHIPPING PTE LTD Tel: *****44 Fax: *****51 Tlx: ***** Bookings: *****24
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      215 44 cosco UKC CONVENTIONAL SERVICE VESSS. PKL PNQ Pa LOAOiNS FOR: A VESSEL 3WM ROTTERDAM ANTWERP CHINA CONVENTIONAL SERVICE VESSB. PKL PNQ Pa LOADING FOR AVESSEL 2SDB SOW OUANOZHOUHUANQPU COSCO FULL CONTAINER SERVICES (FCUFCL) EXPORT TO: EUROPE/CONTMENTAL WEST MHXTERRANEAN AUSTRALIA US WEST COAST ARAB PERSUN QULF/KARACH PLEASE REFER ABV MENTIONED SERMCES
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      5 44 Management: in BT every Monday
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      820 46 IjCHARTPOINT Every Saturday in Business Times HYUNDAI i MERCHANT MARINE CO. LTD. EABTBOUNO FEEDER TO PACWC SOUTH-WEST TO PACWC NORTH-WEST HBB WW H PB |Ml Ut HUM. Wli W UK HMR. WT TCM/SEA HI MM MM 2*l 033 12/09 03/ M OS/M H. COMMANXK 20E 30/99 03/10 M/ 10 MM
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      160 46 n PT. CELEBES LINES I Vessel Voy Sin Sur Bontang Pacific 018 07/09 10/09 Bontang Pacific 028 14/09 17/09 Bontang Pacific 038 21/09 24/09 Bontang Pacific 048 28/09 01/10 FIXED DAY SAILINGS EVERY SATURDAY General Agents: Common Freight Carriers pte ltd. I 1 iIOAO #01-24 TANJOMG fAGAR COMnSX SWCAPOOI 0208
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      512 46 CHARTPOINT Every Saturday in Business Times BIS P what is it? Call your Indian sub-continent specialist |5w Freight Management Group SIN JKT PKL PEN BKK MNL JOH BSB Tel: *****11 *****66 *****98 *****8 *****29 *****76 *****2 *****3 Fax: *****59 *****14 *****88 *****8 *****17 *****79 *****6 *****5 lay w I rrrr|g
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