The Business Times, 1 November 1991

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE HI 'SI\ESS PAPER EOR S-E-ASIA MCI (P) 16/12/90 Friday, November 1, 1991 75*
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  • NEWS SUMMARY
    • 86 1 PARIS Soviet President Mikhail Gorbachev called yesterday for the creation of a "new federal state" to replace the Soviet Union and said the North Atlantic Treaty Organisation should be transformed into a largely political body. Mr Gorbachev, appearing at a joint
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    • 78 1 TOKYO Prime Ministerdesignate Kiichi Miyazawa's ruling conservative party named two scandal-tainted lawmakers Koko Sato. 63, who was found guilty in 1982 of taking 2 million yen worth of bribes, and former Education Minister Yoshiro Mori, 54, who was implicated in the Recruit share
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    • 23 1 THE next Urban Redevelopment Authority (URA) sites for sale are two pieces of land in Magazine Road Page 3
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    • 30 1 SINGAPORE'S first international arbitration centre has appointed 29 lawyers, three academics and three marine engineers as accredited arbitrators to kick off its business next year Page 4
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    • 33 1 AN American crackdown on US dollar transactions between foreign banks and Vietnam disrupted Hanoi's trade but gave Vietnamese companies a valuable crash course in the world of foreign exchange Page 10
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    • 41 1 JAPAN INC is at it again, pumping fresh capital into cash-hungry US companies and renewing fears that the made-in-Japan label is spreading well beyond VCRs and TVs. This time round, though, caution and practicality seem to prevail Page 11
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    • 28 1 SINGAPORE AIRLINES is launching an aggressive plan to expand its worldwide cargo services network starting the first week of this month. Shipping Times Page I
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  • MARKETS SUMMARY
    • 28 1 THE Dow Jones index of 30 leading industrials fell 2.91 points to 3,068.87, five minutes after the opening bell yesterday on the New York Stock Exchange.
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    • 44 1 SHARE PRICES were steady in London yesterday morning, supported by Wednesday's relaxation of US monetary policy and optimism about Britain's exit from recession. At 1200 GMT, the FTSE 100 index stood at 2,576.5. down just 0.6 of a point from Wednesday's close.
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    • 35 1 CITY DEVELOPMENTS is calling a rights issue to raise between *****.5 million and $140 million to lighten its debt, a move that has been long expected by the market Page 6
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    • 41 1 THE GLAMOUR of stockbroking lured 251 more dealers and remisiers into the industry for the year to end-June 1991, or 20 per cent more than the previous year in spite of a significant slowdown in trading volumes Page 6
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    • 40 1 A BATTLE may be looming over control of Pacific Can Investments Holdings as Low Hua Kin the one-time owner of a 20 per cent stake in Guthrie GTS builds up his holding in PacCan Page 6
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 694.18 +2.89 Kuala Lumpur ....531.40 +1.10 Tokyo 25.222.28 +241.10 Hongkong 4.038.74 18.70 Sydney 1.682.3 18.4 Wednesday Change New York 3.071.78 +9.84 London 2,577.1 —23.8
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    • 24 1 Exchange rates USS SS 1.6890 100 Yen SS 1.2888 MS SS 0.6146 Money market rate* Overnight 3 3/8 3/8 3-montn 3 3/4% -1/8
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    • 39 1 London Gold AM fix USS357.4 -USS2 40 DukkAa* Kuooer S'pore Nov 141.25'/kg +0.50 M'sia Nov 225.50*/kg unch KL Tin Turnover 66 tonnes -4 Spot MS 14.83/kg -001 Crude palm oil Turnover 1.797 lots +270 Dec MS874 /tonne +12
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  • 436 1  -  By Harish Mehta SINGAPORE THE Singapore government will consider Vietnam's needs for technical assistance within the Singapore Cooperation Programme but it is the private sector which can and will make investments across the board in Vietnam. Prime Minister Goh Chok Tong said
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  • 256 1  -  From Leslie Lopez in KUALA LUMPUR ECONOMISTS hope Malaysian Finance Minister Datuk Seri Anwar Ibrahim will present clear measures to tackle inflation and his country's worsening balance-of-pay-ments situation when he unveils his maiden Budget today. The Budget is viewed as a test
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  • 120 1 FROM TODAY, we will be introducing two new pages Page 2 News and Page 3 News. These two pages, an extension of Page 1 news coverage, will carry the day's major news business and political, local and foreign. The additional pages will allow the news
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  • 330 1 AP WASHINGTON The Federal Reserve let a key interest rate fall on Wednesday in an action that was interpreted by some economists as a new move on the part of the central hank to bolster a sagging economy. Some analysts argued that the
    AP  -  330 words
  • 435 1  -  By Chew Eng Han SINGAPORE Singapore has maintained its position as a leading financial hub despite difficult worldwide market conditions, according to the latest annual report of the Singapore Foreign Exchange Market Committee. Banks in Singapore generated record pre-tax profits of $1.59 billion
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  • 448 1  -  By Anna Teo SINGAPORE Keppel Shipyard. Excel Machine Tools Pte Ltd and The Hour Glass Ltd have won this year's National Productivity Awards the first time that local companies have made a clean sweep of the annual honours. Together with
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  • Page 1 Advertisements
    • 425 1 Watches of Switzerland Stores at: *01 Ift Scott* Shopping (entre 73"'3"'08/23S8S4* #02 IK) »mi Tel 2359»H8/" 33H20-» #01-52/33 The Forum Tel: "'*****H/"'34 0929 DUCHRRHR Aircraft Schedule 31 Money Changer Rates 31 .Vj Commodities 30 Money Market 29 Work) News 11 Company News 6-8 Regional News 10 For market indices, editorial.
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    • 9 1 Businessmen hope for structural adjustments in Budget, Pg 3
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    • 46 1 HK bourse and securities watchdog agree on reform measures, Pg 8 Gorbachev losing his superpower mantle. Page 14 Shamir bares his soul with the scars of holocaust; Israeli people reconcile themselves to conceding territories for peace, Pg 15 Israel, Arabs clash over peace terms. Back page
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    • 81 1 S'pore diplomatic mission in Hanoi, Back page Vietnam to build "new order": Kiet, Back page Money market beats forex as No 1 treasury revenue earner, Pg 9 BPffiOiP j <*• Jjfis jl V V !>? EIIfNNI AIGNtRSHOPS 01-03/04 Delfi Orchard Tel: *****00* »01-12 Raffles C? iJ Tel: *****08 -01 -02
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    • 14 1 I m Compact A3-format Copier, minoita /S=r^ Profiles of the three companies, Pg 2
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  • PAGE 2 NEWS
    • 425 2  -  BT features the three S'pore companies that made a clean sweep of this year's National Productivity Awards By Sylvia Wong THE managing director of Excel Machine Tools. Robin Lau, has a simple philosophy. "Every day we have to be better than we
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    • 245 2 WHEN accepting the 1990 Enterprise Award on behalf of The Hour Glass early this year, Mrs iannie Tay likened the company to a centipede, with herself as the head and many legs all going in the same direction. "Today, I like to think that we
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    • 545 2  -  By Anna Teo INNOVATIVE. That's what Keppel Shipyard sees as one of its core strengths, or unique features, that has given it a leading edge in its sector. The shipyard was the first in the region to convert a tanker to a
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    • 294 2 THE 1991 winners of the National Productivity Awards join 45 companies, four teams and 55 individuals who have been conferred the honours since 1983. The individual awards given to people who have consistently notched up tangible productivity gains were introduced in 1986. and the team
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    • 930 3  -  Anwar may unveil steps to cool overheating economy in his first major test today From Leslie Lopez in KUALA LUMPUR TODAY, Malaysian Finance Minister Datuk Seri Anwar Ibrahim will face his first major test when he unveils his maiden budget to pilot
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    • 446 3 New system to link salary to output Reuter CANBERRA Recessionhit Australia moved on Wednerday to abandon its eight-year-old controlled wage rise system in favour of a new culture of more pay for higher output. "We have the opportunity to lay the keel for
      Reuter  -  446 words
    • 277 3  -  By Sangeeta Mulchand SINGAPORE The Australian Tourist Commission wants to attract 200,000 Singaporeans Down Under by the year 2000, more than double the 87,000 expected to visit the country this year. Singapore arrivals in Australia equalled about half the number of
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    • 254 3  -  By Colin Tan SINGAPORE The next Urban Redevelopment Authority sites to be put up for sale will be the two pieees of land in the Magazine Road/Merchant Road area, said URA's administration manager Choy Chan Pong yesterday. Mr Choy said preparation
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    • 299 3 SINGAPORE The Urban Redevelopment Authority yesterday put the much-cov-eted Orchard Road MRT site up for tender, incorporating a reserve price and a high quality design criterion. URA's land administration manager Choy Chan Pong said the design criterion was important as the site was a
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  • Page 2 Advertisements
    • 153 2 ■Mouse Sale Thousands of items to be cleared at below cost prices. r Rosewood Nest of Four Tables New designs, new arrivals perfect blending of classical and modern beauty of furniture. (Mother of pearl inlaid) Usual: $695 Largest 30,000 sq. ft. air-conditioned showroom. Now: $450 Widest variety direct import from
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  • Page 3 Advertisements
    • 10 3 G'day mate, can you spare a buck?: Analysis, Pg 13
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 105 4 FROM NOV 4, the Board ot Commissioners of Currency will be issuing the $50 "ship" series note with a new security feature called the "stardust" security thread. This is an enhanced version of continuous metallic silver thread that winds in and out of the
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      • 63 4 INTERNATIONAL Direct Dialling (IDD) links to Falkland Islands in the South Atlantic Ocean will be available from today. With this addition, IDD service will be available to 179 destinations. The standard rate to Falkland Islands will be 45 cents per six seconds block, while the weekend
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      • 30 4 IN yesterday's BT's report 'Companies recruiting fewer executives and managers.' the name Persons Executive Search should have been Personet Executive Search. We are sorry for the error.
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    • 133 4 EPSON Singapore claims it has lost about $27 million or 90 per cent of its potential business in South-east Asia to syndicates making fake Epson printer ribbons. Epson Singapore sells about $3 million worth of ribbons a year in the region, against a market potential of $30 million,
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    • 322 4  -  By Selva Kumar SINGAPORE'S first international arbitration centre has appointed 35 persons, mostly lawyers, as accredited arbitrators to kick of its business next year. Chief Justice Yong Pung How yesterday presented certificates of appointment to the arbitrators, who comprise 29 lawyers, three academics and
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    • 124 4 THE Port of Singapore Authority's development of Maritime Square into a busi-ness-cum-leisure centre is scheduled to be completed by the middle of next year. PSA deputy director Tan Hock Lye told the press yesterday that Maritime Square will be officially opened
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    • 432 4  -  By Shoeb Kagda IT IS IN responding to the challenge of change that the Malay-Muslim community will transform itself into a community that is uniquely Singaporean as well as one that is urbanised. self<onfident and tolerant of others, said Brigadier-General (Res) George Yeo
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    • 253 4 THE Association of Muslim Professionals (AMP), in keeping with the multi-racial make-up of Singapore, will open its membership to all Singaporeans, said its chairman Dr Hussin Mutalib. The AMP will also approach talented non-Malav professionals to help out in its many projects as
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    • 241 4 ACCOUNTANT Keith Tay has resigned as a member of the Public Service Commission with effect from yesterday. Mr Tay is also the local head of international auditors KPMG Peat Marwick and president of the Institute of Certified Public Accountanis. In a letter to President Wee Kim
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    • 211 4 SINGAPORE Broadcasting Corporation has scored a major sales coup by selling its locally-produced programmes to Hongkong-based satellite broadcaster. Star TV. Under a two-year sales contract signed yesterday. Star TV will buy at least 100 hours of SBC programmes a year for an
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  • Page 4 Advertisements
    • 359 4 A fter 1992 the European Community (EC) will be the world's largest and most integrated economic market of 320 million sophisticated M consumers. To this will be added another 60 million from the European Free Trade Association (EFTA) as a result of the recent agreement between EC and EFTA to
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  • Page 5 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 51 6 SINGAPORE Malayan United Manufacturing Bhd has received approval from the Malaysian Panel on Takeovers and Mergers to extend the date of despatch for its Berjaya offer document to Dec 9. MUMB is in the process of a voluntary partial takeover of Beijaya Group Bhd
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      • 49 6 SINGAPORE Starting today, foreign investors in Public Bank Bhd who wish to place their shares on queue should lodge their share certificates and transfer deeds with PFA Registration Service Sdn Bhd for safe custody. The queue is to register the shares under foreign status.
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      • 84 6 SINGAPORE General Corporation Bhd more than doubled group net earnings to M 52.92 million (551.79 million) in the interim period to July 31. Earnings were boosted by an extraordinary profit of M 52.57 million from the sale of investments. Group pre-tax profit rose 52 per cent
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      • 100 6 SINGAPORE Johan Holdings Bhd chalked up a M 53.55 million group net loss for the six months to July 31 against a M 5933,000 loss before. Directors said the loss arose mainly from overseas companies operating in markets hit by recession. They are confident
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      • 58 6 SINGAPORE Aokam Tin Bhd said yesterday that shareholders had passed a special resolution at its annual general meeting to change its name to Aokam Perdana Bhd. The executive vice-chairman, Samsuddin bin Abu Hassan, said the company would invest about MsBo million during the next three
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    • 345 6  -  By Elaine Koh SINGAPORE City Developments is calling a rights issue to raise between $131.5 million and $140 million to lighten its debt, a move that has been long expected by the market. The one-for-10 rights issue will be priced at $2.85,
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    • 507 6  -  SES sees 20pc increase in number of dealers and remisiers By Magdalene Ng SINGAPORE The glamour of stockbroking lured 251 more dealers and remisiers into the industry for the year to end June 1991, or 20 per cent more than the previous year in spite of
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    • 497 6  -  THE HOCK LOCK SIEW COLUMN As more firms restructure, CPF should revise approved stock rule By S N Vasuki SINGAPORE Restructuring has its rewards and penalties. Last week, Tibs Holdings Ltd, the newly created holding company of the restructured transportation and manufacturing group TransIsland Bus Services
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    • 228 6 Bernama KUALA LUMPUR Bank of Commerce's merger with the United Asian Bank has given birth to the new Bank of Commerce (M) Berhad (BOC) which is poised to be a banking leader. The merger positions the new bank as the country's
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    • 340 6  -  By Carolyn Lim SINGAPORE A battle may be looming over control of Pacific Can Investments Holdings as Low Hua Kin the one-time owner of a 20 per cent stake in Guthrie GTS builds up his holding in PacCan. So far, Mr
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    • 286 6 MBT KUALA LUMPUR Consolidated Plantations (Consplant), a member of the Sime Darby group, will begin the construction of its second Ms3o million (S$ 18.44 million) palm oil refinery in Egypt early next year. Chairman Tunku Tan Sri Ahmad Tunku Yahaya said
      MBT  -  286 words
    • 200 6 SINGAPORE Poor performance overseas continued to plague the Jacks International group despite its profitable Singapore operations. This has resulted in further losses for the six months ended July 1991. Jacks reported an interim group loss of $938,000 for the period
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    • 417 7 IHT BRUSSELS The European Community has decided to reject a bid for financial support for a cooperative programme among Bull, Olivetti and Siemens-Nixdorf that had been touted as an attempt to save the European computer industry, sources at the EC Commission say. The
      IHT  -  417 words
    • 485 7 SINGAPORE After some faulty moves in the early '80s which nearly caused its collapse, Thailand's Metro group is hoping to regain its stature as one of the country's leading conglomerates through a series of stock exchange listings, Asian Business reported. The step
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    • COMPANY BRIEFS
      • 126 8 TOKYO Japanese computer giant Fujitsu Ltd and leading electrical machinery manufacturer Hitachi Ltd announced on Wednesday an agreement to dissolve their Facom-Hitac Ltd computer venture after 17 years. "It has become difficult for us to provide prompt service to meet the changing needs
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      • 75 8 LONDON Reed International, the publishing and information company, said on Wednesday its interim pre-tax profits were down 21 per cent in the six months ended September, hurt by the deregulation of the television listings market. Reed said pre-tax profits were down to £85.3 million from £108.8
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      • 130 8 HONGKONG Jardine Matheson, one of Hongkong's oldest British trading houses, affirmed its commitment to this British colony before and after it returns to Chinese rule in 1997 in a statement issued here on Wednesday. Sir Charles Powell, director of Matheson and Co, confirmed the company's commitment
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      • 86 8 CANBERRA Australian media baron Kerry Packer has agreed to testify next week before a parliamentary inquiry into the press, inquiry chairman Michael Lee said on Wednesday. In a statement Mr Lee said the committee had requested Mr Packer to appear after statements he made during
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      • 71 8 LONDON The central bank of north Cyprus may appeal an injunction that was extended on Wednesday freezing £39 million relating to claims by Polly Peck International pic, counsel for the bank said. Christopher Morris, a Polly Peck administrator, is suing the bank and others
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    • 362 8 Reuter NEW YORK Nintendo of America says its Super Niftj tendo Entertainment Systegi has sold more than 500,000 units in its first two months on American store shelves*.' 1 Nintendo's US vice-presi-dent of marketing. Mr Peter Main, said the 16-bit Super
      Reuter  -  362 words
    • 552 8  -  From Catherine Ong in HONGKONG THE Hong Kong Stock Exchange and the territory's securities watchdog, the Securities and Futures Commission, have agreed on measures to reform the bourse after nearly a year of tortuous negotiations. The compromise follows the commission's
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    • 406 8 FT EINDHOVEN, Netherlands Philips, the Dutch electronics group, on Wednesday blamed a fierce price war in the global consumer-electron-ics industry for a 10 per cent drop in its operating profit in the third quarter. Operating profit fell to 469 million guilders
      FT  -  406 words
    • 312 8 FT BANGKOK Shell Thailand, the wholly-owned subsidiary of the Anglo-Dutch Shell group, on Wednesday signed a contract with the Thai government to build a 145,000 barrels-a-day oil refinery at Map Ta Phut, southeast of Bangkok. The signing marks the heginning of a
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    • 406 8 Marks Spencer posts first interim profits fall in 12 years Reuter LONDON Marks and Spencer pic, one of Britain's largest retailers, announced its first drop in first-half profits for 12 years on Wednesday, but the share market was pleased with its performance during the recession. A lack of consumer confidence
      Reuter  -  406 words
    • 491 8 Asahi TOKYO Japan's electronics manufacturers, drawing on their strength in flat-panel display technologies, are racing to market full-colour, notebook-size personal computers. NEC Corp placed on the market last week the 98 Note Color personal computer, which is the size of an A 4
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    • 397 8 Fletcher Challenge expects net profit to fall to NZs4oom Reuter WELLINGTON Divereified forester Fletcher Challenge Ltd would like to average 30-50 per cent payout of profits through dividends. chief executive Hugh Fletcher told a news conference after the shareholders' annual meeting. Chairman Sir Ron
      Reuter  -  397 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
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    • 359 7 ng BANK OF DO COMMERCE 9 November 1,1991 To Our Customers And Friends: With the successful merger of Bank Of Commerce Berhad and United Asian Bank Berhad, the new bank will now be known as Bank Of Commerce (M) Berhad. We would like you to simply refer to us as
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  • FINANCIAL NEWS
    • 509 9  -  By Chew Eng Han SINGAPORE Money market activities have overtaken foreign exchange as the biggest contributor to treasury revenue. A survey of 166 banks by the Monetary Authority of Singapore shows money market activities contributed 46 per cent to revenue
      Source: Singapore Foreign Exchange Market Com  -  509 words
    • 495 9 NYT NEW YORK Citicorp, facing huge and growing losses, has summoned more managerial firepower to tackle its commercial real estate portfolio. The nation's largest banking company announced this week that Robert McCormack. who cleaned up the bank's last big loan debacle,
      NYT  -  495 words
    • 301 9 AFP TOKYO Lending by Japanese banks slowed further in the July-September period as corporations relied more on the capital market for funds, the Bank of Japan said on Wednesday. Commercial bank loans in the quarter increased 5.5 per cent from
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    • SMALL CHANGE
      • 74 9 SINGAPORE Tat Lee Bank will lower its fixed deposit interest rates from today. One- to two-year deposits have been reduced by 0.25 percentage points to 5 per cent. Six- to nine-month deposits are now 0.125 percentage points lower at 5 per cent. Short-term
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      • 134 9 HONGKONG Strong stock market performances in Europe are diverting fund managers' attention from Asia and the trend will continue, Baring Securities said. It rated France, Italy and Switzerland as the world's top markets, followed by US, UK and Australian bourses. "The major problem facing Pacific
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      • 98 9 OSLO Norway's Christiania Bank og Kreditkassen, the country's second largest bank, said it would need 3.8 billion crowns in core capital this year to meet 1991 capital adequacy requirements. "In order to meet requirements by the end of 1992, the core capital must be increased by
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      • 36 9 SEOUL South Korea's Finance Ministry said it approved applications by Baring Securities Ltd of Britain's Barings Pic and Hongkong-based Jardine Fleming Securities Ltd to open branches here with effect from Tuesday.
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      • 59 9 JAKARTA PT Indonesia Investments International (Indovest), an Indonesian-Japanese financial venture, will set up a securities company to meet the government's recent policy requiring financial firms to leave the securities business. Indovest's chief commissioner, Nohamad Samadikun Hardjomarsono, said the new firm, to be called PT Indovest
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  • Page 9 Advertisements
    • 286 9 A SALE OF SITE BY URBAN REDEVELOPMENT AUTHORITY, SINGAPORE om R D How often does an opportunity of this As the site is visible from the main magnitude come your way? approaches of the 3 important roads, it I To place the jewel in the crown of is ideal for
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  • THE REGION
    • NOTE BOOK
      • 78 10 HANOI Vietnam's Communist Party General Secretary Do Muoi and Prime Minister Vo Van Kiet will make an official visit to China from Nov 5 to Nov 9. It will be the highest level visit to China since the two countries fought a brief,
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      • 70 10 JAKARTA The Indonesian government, which banned the sales of medicines under 285 trademarks last week, is considering adding another hundred brand names to its hit list. The country's Ministry of Health after a 10-month study had withdrew licences for the manufacturing of the drugs last
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      • 74 10 JOHOR BARU Police will launch a major operation from January next year to track down people responsible for bringing in illegal immigrants, deputy inspector-general of police Tan Sri Abdul Rahim Mohamad Noor said on Wednesday. He said the operation, involving general-duty personnel, police field force and special
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      • 77 10 BANGKOK Thailand's armed forces chief General Suchinda Kraprayoon, widely touted as the next premier, has angrily accused US President George Bush of interfering in the country's affairs. General Suchinda is No 2 in the junta that seized power from an elected government in February. He was reacting
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      • 76 10 WASHINGTON The US is prepared to move out of its military facilities in the Philippines within three years, or even quicker, if Manila wishes, a senior Pentagon official says. "We are prepared to withdraw from our facilities at Subic (Bay Naval Base) and other
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      • 82 10 MANILA The Philippine military wants to increase its paramilitary troops to 80,000 this year as it enters the last phase of a plan to wipe out the 22-year-old communist insurgency. According to the Philippine News Agency, which quoted Brigadier-General Joel Hinlo, deputy chief of staff
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      • 60 10 SUVA Two Japanese companies are negotiating a deal to import Fiji hardwood chips for paper manufacturing, a move that would dramatically boost forestry interests here. Fiji Pine Ltd hopes to seal a deal with Japan's C Itoh and leading paper maker OJI Paper for growing,
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    • 369 10 Reuter HANOI An American crackdown on US dollar transactions between foreign banks and Vietnam disrupted Hanoi's trade but gave Vietnamese companies a valuable crash course in the world of foreign exchange. Foreign and Vietnamese businessmen said this week that trade was returning to normal
      Reuter  -  369 words
    • 458 10 AFP SYDNEY Acting Australian Treasurer Ralph Willis raised hopes of a relaxation of monetary policy despite figures yesterday showing a new surge in imports. The figures showed that Australia's seasonally-adjust-ed monthly current account deficit jumped 121 per cent to A 51.33 billion
      AFP  -  458 words
    • 347 10  -  ■y Alec Almazan SINGAPORE The New Zealand government's privatisation programme is good business for the man who first made it happen, Asian Business reports in its latest issue. Sir Roger Douglas, the former finance minister who set the privatisation programme in motion, sees enough
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    • Article, Illustration
      57 10 NEW YORK Former Philippine First Lady Imelda Marcos packing books and pictures into a suitcase in her Manhattan townhouse on Wednesday as she prepared to return to Manila. Mrs Marcos had planned to fly to Hawaii to pick up the body of her late husband, Ferdinand Marcos, and
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    • 363 10 Many Asians feel they are wanted for their money AFP WELLINGTON New Zealand is being mercenary and chasing quick cash in its efforts to persuade Taiwan Chinese to emigrate here, a migrant group told the monthly Metro magazine. "It's embarrassingly obvious why we invite
      AFP  -  363 words
    • 232 10 AFP ABU DHABI Philippine Trade Minister Peter Garrucho on Wednesday met United Arab Emirates officials here to discuss ways of boosting economic cooperation between the two countries. "We hope our exports to the Emirates will rise by 20 per cent in a
      AFP  -  232 words
    • 285 10 Reuter KUALA LUMPUR A European Community official said on Wednesday that developing nations must accept that trade with the EC would increasingly be linked to their records on human rights and the environment. "There is increasing insistence in the Community to
      Reuter  -  285 words
  • Page 10 Advertisements
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    • 87 10 Negotiable Floating Rata United Statea Dollar CertMcalee of Depoalt due October, *****94 Indian Bank (Incorporated in India A Wholly Owned by Government of India) The Colombo Foreign Banking Unit of Indian Bank In accordance with the provisions of the Certificates, notice is hereby given that for the six month interest
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  • THE WORLD
    • 495 11 AP NEW YORK Japan Inc is at it again, pumping fresh capital into cash-hungry US companies and renewing fears that the made-in-Japan label is spreading well beyond VCRs and TVs. This time round, though, there's an important distinction. Caution and practicality seem
      AP  -  495 words
    • 360 11 AFP WASHINGTON Other countries will not be squeezed out of trade with the United States, Canada and Mexico under the proposed North American Free Trade Agreement (Nafta), US Trade Representative Carla Hills said on Wednesday. "Some have expressed concern that US regional efforts signal
      AFP  -  360 words
    • WORLD WATCH
      • 125 11 MOSCOW The Soviet Union and Germany have formed a working group to help develop the ailing Soviet oil and gas industry, German Economics Minister Juergen Moelleman said. Mr Moelleman also said the volume of contracts being signed for Soviet purchases of goods from
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      • 97 11 WASHINGTON The Soviet Union has asked the United States for US$2.5 billion (554.2 billion) in credit guarantees to purchase US farm products and US$l billion in humanitarian aid, US Agriculture Secretary Edward Madigan said on Wednesday. The US response is still being formulated and a
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      • 54 11 BRUSSELS European Community governments have given the European Commission authority to finalise a patent accord with South Korea which could lead to Seoul regaining preferential access to the EC market. EC officials said the decision was taken on Tuesday without further discussion during a meeting
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      • 71 11 SEOUL Annual two-way trade between South and North Korea could approach US$7 billion (SSU.B billion) if the two sides began full-fledged deals, a government estimate said here on Wednesday. Yonhap news agency quoted the economic planning board and the trade and industry ministry as saying the South
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    • 258 11 AFP SEOUL South Korea's increasing trade deficit and rising inflation are the result of underlying "structural imbalances" which Seoul is moving to correct, the Trade and Industry Ministry said here on Wednesday. Recently, South Korea has begua to lose its competitiveness in the export
      AFP  -  258 words
    • 470 11  -  From Paul Gopal in OTTAWA A LEADING Japanese economist has called on Canada and Japan to "get more involved" in the Pacific Rim in view of Asean's move toward forming a Free Trade Area. Mr Keikichi Honda, presi- dent of BOT
      470 words
  • Page 11 Advertisements
    • 103 11 •No business without Show business, Pg 13 CENTRAL LONDON'S FINEST NEW INVESTMENT Kensington GREEN LONDON W 8 Superb houses and apartments ip in the heart of Central London Freehold and 125-year leases 4 24 hour porterage and security Secure underground carparking Quality fitted kitchens ink itted carpets LXI mjPi jj~L
      103 words

  • 466 12 EDITORIAL THE Hongkong Stock Exchange's propensity to lurch from crisis to crisis must surely underscore the urgency for outside intervention to break down the vested interests that have held up much-needed reforms. There comes a time when the securities watchdog, acting for the greater good, has
    466 words
  • WHAT THE OTHERS SAY
    • 300 12 EXPECTEDLY, but nonetheless dramatically, the results of Poland's parliamentary elections exemplify some of the problems associated with a democratic system of government in times of economic crisis. The elections, Poland's first free parliamentary polls since the end of World War 11, were marked by poor voter
      300 words
    • 91 12 THE relaxation of HDB/HUDC rules is part of the government's intention to allow Singaporeans more freedom of choice. However, there is a limit to all things, including something as precious as homes. HDB flats are built with heavy government subsidies. The relaxation may be viewed as favouring
      91 words
    • 97 12 BORIS YELTSIN is betting on his political career. It seems that if he fails to pull Russia out of its economic dilemma, he will resign. However, few people are optimistic about it. The much acclaimed Polish president Lech Walesa and Czech president Vaclav Havel have both
      97 words
  • REGIONAL VIEWPOINTS
    • 187 12 CREATING a problem trying to solve a problem which is not really a problem this is what the Home Ministry is doing over the issue of illegal Indonesian maids. The ministry speaks of security concern and national interest but it is barking up the wrong
      187 words
    • 201 12 ECONOMISTS argue that one of the primary causes of the rising cost of living is "asset inflation", as foreign money continues ta flood into Hongkong. Much of the HK$6O billion of foreign investment is financing residential property mortgage, which now accounts for a record 37 per
      201 words
    • 121 12 THE fear that the 90-day maternal leave scheme in the government could set a costly example for the private sector and state enterprises is largely unfounded. Private firms and state enterprises will emulate the government because they need to attract experienced personnel, to staff their ever-ex-panding enterprises, with
      121 words
  • 1031 12  -  Quentin Peel on the economic and political clouds over Germany Quentin Peel FT. Chancellor Helmut Kohl behaves ever more as a law unto himself. At a moment when any other political leader would be anxiously watching the economic indicators, cultivating the grass roots of party
    FT.  -  1,031 words
  • Page 12 Advertisements
    • 224 12 INTERNATIONAL I LIQUIDATION AUCTION I Distraint Order Executed by the Court Appointed Bailiff* I District Court Judgement Landgericht Diisseldorf I SEIZED VALUABLE ASSETS I A Large Confiscated Stock of I FINEST QUALITY, EXCEPTIONAL, GENUINE AUTHENTIC HANDMADE I PERSIAN EASTERN I Carpets, Rugs Corridors I Including: Finest Pure Silk Ghom, Royal
      224 words
  • Page 12 Miscellaneous
    • 36 12 DOONESBURY BY GARRY TRUDEAU (uoomtv&al- jcmtz r/n just hoping < v/ha I uh .mjul. mm*! tucks msFOUNPXXJ KjpcexjpuKHOunMT' Wrrse&N/w&ucwtoN. m uoow.f ana^nhair OFmwe.euT UGHTBN I WKAUX MmsouPf IHAG TOSM UP! NBm&fT. BUT M&ANTHAT. HA,HA,HA! K*/V£ JJSTWHW j
      36 words

  • ANALYSIS
    • 1959 13  -  The financial collapse of Australia's high-profile entrepreneurs of the 1980s has claimed an untold number of casualties. Florence Chong, BT's Sydney Correspondent, reports Florence Chong THE Australian government is moving to tighten bankruptcy laws to protect creditors as the country witnesses a record
      1,959 words
    • 1002 13  -  Toshiba is the lastest in the line of Japanese electronics companies heading for Hollywood. Stefan Wagstyl reports Stefan Wagstyl FT IT is a tribute to the magic of Hollywood that it has captivated even Toshiba, the most straitlaced of Japanese companies. Toshiba, better known for
      FT; Source: FT  -  1,002 words

  • FOCUS 1
    • 638 14 Middle East Peace Conference Reuter The mantle of superpower leader seemed to be slipping from the shoulders of President Mikhail Gorbachev at the Madrid Middle East Peace Conference this week. As he took his place amid the grandeur of the Royal Palace, Mr Gorbachev radiated
      Reuter; Source: The New York Times  -  638 words
    • 645 15 IHT ALBERT the barber, mdfcing about the of the peace ctrafereaccl in Madrid, permitted himself to fantasise aboitt weekends in Beirut. "Pfcople in* France go to Switzerland for the weekend," saidcAlbeit Malka in his stop nj»t the sea. "If there's PMe,
      IHT  -  645 words
    • 496 15  -  By Raghid Dergham NYT T* Y JOINING the USfoalition that JL#i deah Iraq out of the Arab-fcradi military equatibe, Arab leaders in effect agreedjto negotiate with Israel. Thar decision to come to the. Madrid talks was a second dttmatic step. ButMid-East public opinion hasinot been
      NYT  -  496 words
    • 620 15 Middle East Peace Conference Reuter IT WAS A speech in which Yitzhak Shamir bared his soul and revealed a psyche deeply scarred by Jewish history and the Nazi holocaust. The Israeli prime minister's address to the Middle East Peace Conference was
      Reuter  -  620 words
    • 394 15 Reuter ARABS criticised Israel Prime Minister Yitzhak Shamir's speech yesterday as overwhelmingly negative because it offered no concessions on the occupied territories. Syrians, Palestinians and Jordanians said Mr Shamir's first face-to-face speech to his Arab foes showed the 76-year-old former Jewish guerilla had
      Reuter  -  394 words
  • Page 14 Advertisements
    • 105 14 t aMa^si* Wtmema. *s *v£ 3aiife* -^nk x H K> ■H& >^'t^rss? i l^^BßSP ',mMM %&i "C* Bl I ft •Tii"' FROM TODAT OUR 8747 FREIGHTER SERVICES HANDLE MOM OF THE WORLD. Our network of 8747 freighter services now takes in even more of the world. Basle, Los Angeles and
      105 words

  • Page 15 Advertisements
    • 15 15 The writer is a senior diplomatic correspondent for Al-Hayat, an Arabic daily published in London
      15 words
    • 108 15 fTHBB 'jß[. -Jl k^LJU V^w^SK Jm Wm U 211 I> I P r 3RB| I 111 I KaljH m I > 91 f 'flj -JOB .S "£t 1- J*%St 9 b Ff< r --J« I J*--flag JJ -;J v- V Intromiting Mrnsurar by Hardy A mtei of London 7V quintessential
      108 words

  • SPORTS 1
    • SIDELINES
      • 68 16 LONDON The British government has pledged to fight European Community plans to ban tobacco advertising because it would hit sponsorship of sport. Sports Minister Robert Atkins said the ban would have "a significant effect" on sponsorship and he would oppose it. A proposal for
        68 words
      • 75 16 BANGKOK Top seed 15-year-old Ronnie O'Sullivan from England won his third match in the group A round-robin contest of the 1991 World Snooker Championship by 4-1 over Malta's Richard Webb on Wednesday. O'Sullivan dropped only the second frame before taking a low profile win with 97-6, 22-68, 67-47,
        75 words
      • 119 16 EAST RUTHERFORD, New Jersey A FIFA delegation said on Wednesday that it hoped to stage 1994 World Cup soccer matches in the New York City area and endorsed a plan to transform the Giants Stadium into a viable venue for the world's most popular
        119 words
      • 67 16 MILAN, Italy Ivan Lendl, Guy Forget, Pete Sampras and Andre Agassi, ranked fifth through eighth on the men's pro tennis circuit, have been confirmed for the second annual US$5OO,OOO Milan Shootout. Cino Marchese, the lead organiser of the peculiar one-night, tiebreaker tournament-format-ted event, said his outfit was negotiating
        67 words
    • 462 16 Reuter ADELAIDE Newlycrowned world drivers' champion Ayrton Senna expects Sunday's Australian Grand Prix, overshadowed by the dismissal of Alain Prost by Ferrari, to provide a furious and highly-competi-tive finale to the 1991 season. The Brazilian, who completed his third championship win in four
      Reuter  -  462 words
    • 504 16 AP PINEHURST, North Carolina Fred Couples faces a future that some say is unlimited. "Freddy can do what he wants to do," veteran Lanny Wadkins said. U I don't think there's any question he's the most talented player on either side of the
      AP  -  504 words
    • 978 17 Paris Open AFP PARIS The "old guard" of tennis failed to turn back the clock and were forced to beat a hasty retreat at the Paris Open on Wednesday. John McEnroe, 32, the winner of seven Grand Slam singles titles but without
      AFP  -  978 words
  • Page 16 Advertisements
    • 127 16 Lu A 4 jik f!" r 1 The Best Business Connections in the U.S. These days few business trips to America are to only one destination or strictly -sgggacsswisc,..,.' its business. With Northwest you have the fastest daily service to more of America. You'll have more time to conduct your
      127 words

  • Page 17 Advertisements
    • 39 17 '^>^^.,?'sf*.^i^m^HMB^Ba|^MW -'■'3&>-'*"MMIi^BiM ±&:^x&Mw.*:< *frw*--. j? .j$% *.Xwilfc zl >. <-.?-< 'V MPjreLgjgßra ■Bpp *^i'f i S*• *<ft &&T »^<sf-s£^^By»^/i%£rr fßHsS^Bll^^B^^Bl^^^Hi 11 11 H ii T| ■HmM*..:». v i^v* l fe 14 I' V^^s^ra?*? x ifcCv t>-- r fv <* r i c
      39 words

  • Page 18 Advertisements
    • 235 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE H| la ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After
      235 words
    • 375 18 Hyatt's Extraordinary European Extravaganza For October and November, spend $80 on a single bill in any one of our restaurants or bars and you could win you a prize worth over $20,000. This includes accommodation in Hyatt Hotels in London, Montreux and Madrid, Europass tickets and tickets to Les Miserables,
      375 words
    • 268 18 However, before you indulge in our delectable desserts, sample sensational jV Thai cuisine CtWieC like Ibm Yum tyCUT Soup. Fried and Thai Duck 30 Nov Sawadeeka! Adult $16 I (Lunch) (Dinner) (Lunch Dinner) l: Menu changes regularly Plaza Hotel Cafe Plaza K The Bugis Lounge Presents CAUENTESIfHfif j| 1 These
      268 words
    • 170 18 S)tart a French Jgj Buffcl Lunch o t *»o* y' W«* serve the world to yon <tt The Belvedere. ,tO <j//ow6mp QD ftWW**' M»sj IJ\ h*i lull* c^3*«-—-' ■ggC^jPfel I l^fM'YTyWVrHkW> ll,i<rfll 2T 11M* > zz. r«M winning fflSpts. MMLme* 1 MktUmmn tttM** pm»«mn I U~*t*f i* tU Hunt Ct'**
      170 words
  • Page 18 Miscellaneous
    • 738 18 TELEVISION AND RADIO MMMaMM»4Hiiniaii<iii«in>iiiiiwiiiiMmiiiiiaijiiiMi)]niniaiiP«niacM[jimdw<Mi«niiL">»w]imMtM«w > ..,<>» irmnumri—— —i minnwini.**-«<■ u»mi m < «MaH*iMam«arnmmmmmmmmmmmm Flakv fluff «.£--»"SS""* A ICUY V *****1 7.00 *N cm International (L). ,30 Friday hdv»i IS BBC, 88.8 mNz h VNF Band N S?*i IB.IS The Golden Slrte Ebb- S .M em*Jf™Tw«rior 7.05 am, 1.38pm, 5.05pm, 1.05mn:
      738 words

  • LIFESTYLE
    • 905 19  -  French audiences and critics seem to have been swept off their feet by the sheer spectacle of Les Miserables, which arrived in Pans last month. Alan Riding reports Alan Riding NYT PARISIANS have a solid record of sniffing disdainfully at that very Anglo-Saxon phenomenon known
      NYT  -  905 words
    • 847 19  -  Mark Heinrich takes a look at the Distel cabaret theatre which has evolved from a careful tweaker of East German communist orthodoxy to a withering critic of the follies of German unification. Mark Heinrich Reuter IT USED to enjoy underground fame for dodging communist censors
      Reuter  -  847 words
    • 559 19 CHATTERBOX NORMAN MAILER, whose latest book received considerably less than a rave in The New York Times Book Review, will have a chance to fire back at his critic in the same pages. The Book Review editor, Rebecca Sinkler, said on Wednesday that Mailer
      559 words
    • 360 19 NYT GO AHEAD, eat all the bread you want. It isn't fattening, as many people believe, a new study has found. Overweight people who ate extra bread every day for two months in addition to their regular diet did not gain any weight,
      NYT  -  360 words
  • Page 19 Advertisements
    • 153 19 AND ENTERTAIN I Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. A Fashionshow at 4 pm. s Z>tore For reservations, 16 n«s««ti h*. smgapct 102s please call 732-1222 ext 1581. T <y,on
      153 words
    • 53 19 AN UNFORGETTABLE m s c rnjm~»»i PARK AVENUE toum»TMMCI«MO,KM)ON« PBtSCNTS k tofcn*v*wl*Ottlffl. o*ruaelSm*r PURE, UNAOULTERATEO MUSICAL ENERGY. •f ON AIR, AT DISCO ON AIR, WHMKi THt ACTION ISI 1 one-Mop entertainment concept, with Diaoo. Karaoke Stnj-a-tonj, videothequc lounge and cafe 10, Mariaa Parada load, 0441, Parkway Panda, Singapore 1544. Tal:
      53 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4014 20  -  By Dawn Tan THE LOCAL market continued to dither despite good performances in overseas and regional bourses, particularly Wall Street, Hongkong and Australia. Most market players continued to play the waiting game yesterday in anticipation of the Malaysian Budget to be announced today. Brokers
      4,014 words
    • Article, Illustration
      72 20  -  Chew Eng Han Comment STOCK is at a critical juncture. Failure to recover soon would mean a likely retest of the October low at around 9S cents. Prices now trading below the five and 13 day moving average. A possible crossover between the two averages may signal a
      WQi nt Ml  -  72 words


  • 3486 22 NBT 78Vj +5 f6.8% Rochmans M 50* 710 +5 +0.7% Hume M 316 +4 +-1.3% MISC Foreign 412 +4 +1.0% NST A 304 4 +1.3% UMW 255 +4 +1.6% Boustead 50* 145 +3 +2.1% CASH 50* 61 Vi +3 +5.1% Sungei Way 212 +3 +1.4%
    3,486 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4411 23 Bernama SHARE PRICES yesterday closed steadier but off-best on mild profit-taking activities towards the close of the afternoon session. The KLSE all-shares Emas Index at the close gained 0.25 of a point to 136.00 while the Composite Index rose 1.10 points to
      Bernama  -  4,411 words
  • Page 23 Advertisements
    • 477 23 __B_y_S_l__N_E S S TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 #REDIFFUSION I JOINT ANNOUNCEMENT I m 1 1 THORN EMI Pte Ltd and Rediffuslon (Singapore) Private Limited have agreed arrangements which will improve their future operations in the consumer c electronic products rental market in Singapore and enhance levels of customer
      477 words
    • 114 23 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of VISTA SCOTS (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act. Cap 50 the final general meeting of the members of the abovenamed company was held
      114 words

  • BT SHARE INFORMATION SERVICE
    • 414 24 Main Board Last Full Year Company P«M Oat* Tor Hat EPS Gross Hal arranced andnf (cants) pnM last year (SUN) EMS Final No* 6 Jul 91 30TE 17.8781 Cham M Interim Nov 8 Mar 92 36 1 136 8.714 SPH Final Nov 9 At« 91 54 3 30
      414 words
    • 431 24 Cine say Date Year Creap Nat Net earnings Grass Ma te profit/last (L) per share 4M4ead COOO) (ceats) Lingw Oct 28 Jun 91 M$4,813($4,398L) 3 /(-> S8S Oct 28 iun 91 $2.572($$2.928) 10.1(11 5) 7(7) Scotts HkJgs Oct 28 Jun 91 $3,246($2.339L) 14(-) First Capital Oct 18 )un
      431 words
    • 553 24 Company Date Half-year Group pro-tax Interim ana to pr«llt/te»s (L) divMaad (000) George Kent Oct 28 Jul 91 M$5.226(S2.556> 5(4) StA Oct 28 Sep 91 $634 500 ($681 900) 15(15) TDM Oct 21 )un 91 M$175L($1.117L) Metroplei Oct 18 Jul 91 M$16 678($13.323) Heua Corpn Oct 17 Jul
      553 words
    • 576 24 Company Rights Issue Am Pk Laid Ore-tor-two «a UJO 65 per share Mm* Tech One forone 41 $100 per share Barjaya Cr<M> R«hts issue of J89tn nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CULS) on the basis of one for tour Bo* an Issue of $90 978m
      576 words
    • 896 24 Carraat Ex Baaks Date Tatal far Tatai fir NlPait date ctaaa payaMa fka yaar last jaar AJS8 50c l?%(b) Dec 30 Jan 14 Jan 21 12% 101 tana 5%TE(I) Oct 21 Oct 31 Nov 15 5%TE 10%TE MAINpSIc 61(b) Nov 21 Dec 5 Oec 24 61 6% Ammo
      896 words
    • 299 24 Caaqnay Date Yaar Croap pra-tax Nat aaraiags Grass aaa to profit/lass (L) par shara iMisad ('000) (caats) Kemayan Oct 29 May 91 M$28($l,505) -(0.7) 1.5(1.5) NSfi Oct 28 Jun 91 M$17.267(16,506) 11.2(4.1) 12(10) TO. Corpn Oct 9 Jun 91 M$30,889($19,311) 13.8(7 9) 10(10 Boustead Oct 2 Jun 91
      299 words
    • 491 24 Oct 30 In its latest restructuring, members of the Kepptl group will be transferring their stakes in all land-based engineering companies to a wholly-owned subsidiary. Keppel Integrated Engineering, which will seek a listing in the Stock Exchange of Singapore soon. Acma Ltd is acquiring trading house Lindeteves-Jacoberg (Far
      491 words
    • 1828 24 Iran Baglsterod Substantial Bay/ Shares Amount SharalieMiacs Stock Bate NaMar SharakaMar/Oiracter Sail iavalvatf Bator* Chg* After Ckgs Pa 25/10/91 Tht Central Depository (Pte) Ltd Natalon Company Ltd S 100.000 184.000 000 75,746.000 25 250 75.646.000 25 220 Pacific Can 24/10/91 Associated Mgt Services (Pte) Ltd Associated Mgt
      1,828 words
    • 67 24 Conversion Special Trig Suiplm Conversion deadline Period Trading Company starts (IDP) (ST) starts HTP Hides Sep 16 Oct 10 Sep 30 Oct 10 Oct II Miaebea Dec 16 Partway Hkdgs Oct 11 Nov 7 Oct 25 Nov 7 Nov 8 Sunshine Allied Sep 2 Sep 26 Sep 16
      67 words
    • 83 24 Company Rights Issue MBf France Two-for three (a, MJ0 90 per share Ex-date Nov 1 Books dose Nov 18 Acceptance Payment NYA Company Bonus Issue MBf Franc* Onefor three Ei4ate Nov 1 Books dose Nov 18 Company Others AmM Steel Restricted Offer tor Sale of Angkasa Marketing Bhd
      83 words
    • 459 24 IMC Bhd: 28th AGM at Menara Boustead. 28th Floor, Jalan Raja Chulan, ***** Kuala Lumpur on Monday, Nov 4, at 11.30 am. My com Bhd; EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 ialan Tun H S Lee, ***** Kuala Lumpur on Wednesday, Nov 6,
      459 words
    • 170 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: 1333.08 (3/6/91) 1565.58 (3/6/91) 1991 Im 1022.52 (16/1/91) mi 1149 °8 (16/1/91) 1990 htfe 1435 43 (16/7/90) M" 1607.12 (27/3/90) 1990 IM 981 07 09/11/90) 1079 50 (11/10/90) 1909 hifh: 1322 00 28/12/89) 1487.76 (26/12/89) 1919 IM 917 42
      170 words

  • STOCK EXCHANGE OF THAILAND
    • 2419 25 Reuter SHARE PRICES in Bangkok ended mixed yesterday as investors sold to take profit from Wednesday's rises, brokers said. The SET index ended 0.63 of a point higher at 638.84 on turnover of 2.66 billion baht. "The market was busy today with investors
      Reuter; SOURCE: PONT DATA  -  2,419 words
  • JAKARTA STOCK EXCHANGE
    • 1049 25 Reuter JAKARTA stock prices closed slightly higher yesterday with the official index edging up 1.97 points to 226.68, brokers said. Turnover rose to 8.0 million shares from Wednesday's 3.90 million "There is some decent buying and this is a good sign for the
      Reuter  -  1,049 words
  • Page 25 Advertisements
    • 10 25 1 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF i BUSINESS TRENDS
      10 words
    • 672 25 USINESS TIMES TELEPHONE: 730-3771/5772/3773 > PAX: 734-9982 I NOTICE NOTICE HEREBY GIVEN that, I Mototeugu Mlyake of No 19A Greunlodga #01-03 Toh Tuck Road Singapore 2159. have applied for a Ist Class Public House licence in respect of premises at M/a ODEN at #03-03 Orchard Emerald, 21SOrchard Road Singaporeo923, and
      672 words

  • TOKYO STOCK EXCHANGE
    • 2633 26 Reuter TOKYO STOCKS ended near their day's high yesterday, with the Nikkei back above the 25,000 level. Brokers said futures and options related buying accounted for the bulk of the gain, and most investors were sidelined awaiting clues on the timing of an expected discount
      Reuter  -  2,633 words
  • STOCK EXCHANGE OF HONGKONG
    • 2526 26 Reuter AFP SHARE PRICES yesterday gained modestly with afternoon profit-taking eroding solid morning gains led mainly by property stocks. The blue-chip Hang Seng Index advanced 18.70 points to close at 4,038.74, while the broader Hongkong Index gained 11.45 to 2,638.73. Turnover totalled a moderately active
      Reuter; AFP  -  2,526 words

  • REGIONAL STOCK MARKETS
    • Hopes of rate cuts lift Aussie market
      • 913 27 ASIAN and domestic buyers flooded the Australian sharemarket yesterday, pushing the key index sharply higher on continued hopes of a cut in official interest rates. Brokers said the market had shrugged off a worse-than-expected September current account deficit and soared on the belief the Reserve Bank of Australia will
        913 words
      • 805 27 SHARE PRICES finished lower in active trading on the Korean Stock Exchange yesterday, pulled down by a report of rising current account deficit and dwindling investors' deposits with brokerage firms. The Composite Index of the exchange, which gained 5.93 points to 700.38 on Wednesday, lost 4.44 points to close
        805 words
      • 403 27 NEW ZEALAND shares yesterday staged a partial comeback to end only marginally down on the day after bearish news from the Fletcher Challenge annual meeting helped drag it down about 10 points around noon. The NZSE-40 Capital Index ended just 1.86 points down at 1,544.94. The market opened
        403 words
      • 578 27 SHARE PRICES yesterday rose in what investors believe will be the start of a bull market spurred by food and bever-{ age giant San Miguel Corp and by Phil-; ippine Long Distance Telephone Co,' brokers said. The Manila Stock Ex-1 change Composite Index rose 3.92. points to end at
        578 words
      • 72 27 SHARE PRICES fell on Wednesday after an initial rally on news of a record US budget deficit, brokers said. The market, which was bullish on hopes that foreign firms, especially US companies, would invest more in India because of its liberal economic policies, was subdued on the American news.
        72 words
      • 816 27 Cla»e Previous No* I AUSTRALIA All Ordinaries Index 1682.3 1,663.7 +18.4 All Industrials Index 2605.6 2.585.8 21.2 All Resources Index 976.2 959.1 +15 7 Turnover (million) 197.1 143.0 *54'l NEW ZEALAND NZSE-40 Capital 1.544 94 1.546.80 -186 Turnover (million) 19 MANILA Composite Index 1.025.30 1.021.38 +3.92 Turnover (million) 1090 606
        816 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Late upturn in bond prices boosts US stocks
      • Article, Illustration
        1173 28 WALL STREET blue chips eked out a modest gain on Wednesday as a late upturn in bond prices spurred a stock buying flurry. The Federal Reserve said that it would add cash to the system by doing overnight system repurchase agreements yesterday. Economists saw it as a technical
        1,173 words
      • Article, Illustration
        728 28 RECOVERY hopes and positive results from leading blue chips helped push the London stock market higher on Wednesday as the recent advance was .finally buttressed by significant buying. Traders also took heart from a new opinion poll giving the opposition Labour party only a two-point lead on the Tories,
        728 words
      • 439 28 THE SHARES of the largest Dutch firms fell under pressure from pessimism and a lower dollar, but positive news from Philips Electronics helped contain the day's losses and the EOE index closed 0.58 points down at 275.18. 'There were some interesting developments today," one dealer said. As well as
        439 words
      • 219 28 FRANKFURT stocks closed mixed on Wednesday, as the DAX spot trend index finished at 1,582.83 points, off by 0.50 per cent on the day, while the Commerzbank indicator ended at 1,849.90, up 0.30 point. Operators said volume was low, and the market was seeking a trend line without any
        219 words
      • 272 28 THE PARIS bourse staged what operators called a "technical rally" on Wednesday, as the CAC-40 stock price index finished the session at 1,861.80 points, up by 0.45 per cent from the Tuesday close. At the opening, the index had been off by a mere 0.03 per cent, but later
        272 words
      • 120 28 THE MILAN stock market suffered its fourth straight daily loss on Wednesday, as the MIB index finished at 988, off 0.30 per cent from Tuesday's close. Operators said trading was on the low side and nervous, and the market still seemed worried about the soundness of some stockbrokerages. Milan
        120 words
      • 160 28 PRICES on the Stockholm bourse rose broadly in moderate early trade on Wednesday, helped by Wall Street gains and a generally more optimistic domestic sentiment. By mid-morning, the general index had risen 0.58 per cent to 1,002.20 in turnover of 152 million crowns. Blue chips rose 0.9 per cent.
        160 words
      • 281 28 SWISS shares on Wednesday ended a moderately active session easier, but late buying and a firm Wall Steet open lifted prices off day-lows, dealers said. High Swiss interest rates continued to weigh on the market. Interest rate worries were accentuated when Swiss Bank Corp said it raised rates on
        281 words
      • 321 28 JOHANNESBURG stock market shares closed higher on Wednesday, as the gold price traded at over US$359 an ounce, dealers said. The JSE All-Share Index climbed 5? points to 3,523. The All-Gold Index rose 17 points to 1,193, and the Industrial Index jumped 74 points to 4,269. De Beers closed
        321 words
      • 332 28 MIXED indications that the Fed may have eased credit sent Toronto stocks higher for a third consecutive session on Wednesday, following an uptick jty bonds, dealers said. "They picture to be easing and looks like they will," said analyst m Katzin of Richardson Greenshields of Canada. The Fed said
        332 words
      • 201 28 Oct 30 Close Pi nlw NEW YOM Dow Jones 3,071.78 3.061.94 9.84 SAP 500 392% 391.48 +1.48 Turnover (million) 195.0 192.7 +2.3 LONDON Financial Times 30 1,978.7 1,954.0 24.7 FTSE 100 2,577.1 2,553.3 +23.8 Turnover (million) 477.3 563.7 -120 FRANKFURT DAX Index 1,582.83 1,590.75 -7.92 AMSIEHNUN EOE Index 275.18 275.76
        201 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 381 29 Reuter u XONDON New chairman of the London Futures and Options Exchange (FOX) Andrew Large is seeking to restore confidence in the exchange by both existing members and regulatory bodies after the recent investiga.flons into potentially unlawful trading practices. r "We've got
      Reuter  -  381 words
    • 318 29 Number Indlcatlw# Gross Maturity Y.„ «n»rt r*. m p«o« nlMd («m) P •CCTUKI < 0 »«<" (*P*) datss Interest •ccrusd (%ps) interest) 2 *5.2.92 N*****0E 1990 41/2# 650.00 15/2 15/8 77 100.45# 2.91# 15.5.92 N*****0H1987 53/8# 500.00 15/5 15/11 169
      318 words
    • 165 29 Reuter LONDON The British government needs to act soon if it wants to cut interest rates again ahead of a general election, analysts said. They believe it would like to cut base rates to 10 from 10.5 per cent in November. Chancellor
      Reuter  -  165 words
    • 396 29 Cross rates Oct 31 LJ» I I I I I I I I I US$ SS MS Dm Yen SFr AS NZS liSS 1.6895 2.7445 1.6710 130.85 0.5736 1.4635 1.2763 1.7953 SS 0.5919 1.6244 0.9891 77.4489 0.3395 0.8662 0.7554 1.0626 MS 0.3644 0.6200 0.6089 47.6780 0.2090 0.5333
      396 words
    • 530 29 Interbank rates Bid Offer Overnight 3 3/8 3 1/2 1-month 3 5/8 3 3/4 2-month 3 11/16 3 13/16 3*month 3 3/4 3 7/8 Overnight mode: 3-3/8 IS$ Bid Offer 7 days 5 5 1/8 -fnnonth 5 1/16 5 3/16 2 months 5 1/4 5 3/8 _3 months
      530 words
    • 873 29 REPORTS ASIA Tokyo: The dollar closed slightly higher yesterday after being confined in a narrow range in dull Tokyo. Dealers could not either buy the dollar or the yen aggressively, because the market is expecting both Japan and the US to ease
      873 words
    • 1108 29 SIMEX BHHUM Open High Low Sett Est Vol Op/Int Vol Dec 91 94.74 94.77 94.74 94.77 6412 ***** 3688 Mar 92 94.84 94.88 94.83 94.88 8739 ***** 4485 Jun 92 94.65 94.69 94.65 94.69 5000 6279 1610 Sep 92 94.36 94.43 94.36 94 40 2358 2379 817 Dec
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  • Page 29 Advertisements

  • COMMODITIES
    • 397 30 Reuter SYDNEY Aluminium producers in the Asia-Pacific region say they have no plans to cut production despite a world oversupply which has pushed prices to four-year lows. While some producers have cut output, they said the reasons were unrelated to an international glut
      Reuter  -  397 words
    • 262 30 Reuter TOKYO Japan's Commodity Exchange Council (CEC) has approved a trial listing of palladium futures and corn futures contracts on Japanese exchanges next year. The CEC, an advisory body to the Ministry of International Trade and Industry (Miti), approved a trial listing of
      Reuter  -  262 words
    • 810 30 REPORTS SINGAPORE rubber prices closed slightly higher on light short-covering interest yesterday amid talk of possible International Natural Rubber Organisation (Inro) intervention soon, dealers said. "Afternoon prices were more or less unchanged from the morning session. There was no sign of any Inro activity
      810 words
  • 1407 30 Rubber oc t 31 MSflifcta >alM) S cents/kg Noon Close Inl I RSS Prompt 140.25/141.25N 140.25/141 25N Int I RSS Nov 91 141.25/142.25 141.25/142.25 Int 1 RSS Dec 140 50/141.00 140 50/141 00 Inl 2 RSS OP 136.50/138 50N 136 50/I38.50N Int 3 RSS OP 134.50/I35.50N 134 50/I35.50N Int
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  • Page 30 Advertisements
    • 1493 30 BUSINESS TIMES TBLBPHONE: 730-5771/5772/5773 FAX: 734-49»2 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Chiu Tai Shing Dennis of No. 2 Leedon Road #114)1 Leedon Coot, Singapore 1026, have applied for a First Class Public Hou» licence in respect of premises at MATang Dynasty Village Pie Ltd at No.
      1,493 words
    • 6 30 Innovation Technology in BT every Tuesday
      6 words

  • THE TRAVEL PAGE
    • 1139 31 City Flight ETA Flight ETD QF007 I Amman RJ182 1200 RI182 1400 Amsterdam KL837 1340 SQ24 Oil 5 SQ23 1815 KL838 2305 Athens SQ36 2230 Auckland NZ35 1530 SQ325 2130 SQ338 1950 NZ36 2305 BA12 2155 Bandar Seri BI421 1105 SQ182 0915 Begawan SQ181 1410 BI422
      1,139 words
    • 621 31  -  LETTER FROM DUBLIN By Paul Majendie EXPLORER Tim Sevcrin has recreated the legendary voyages of Ulysses. Sinhad the Sailor. Jason and the Argonauts and Saint Brendan. Deserting the sea for the saddle, he retraced the 11th century Christian crusade, riding all the way across Europe
      621 words
    • 153 31 As at 3pm yesterday: Ix>cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3172 1.3324 Canadian dollar 1.4887 1.5158 NZ dollar 0.9317 0.9646 Sterling pound 2.9341 2 9680 US dollar 1.6870 1.6920 local dollars to 100 units of foreign currency Austrian schilling 14.20
      153 words
    • 90 31 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel Oct 26- 22th Furniture Milan Trade 02/*****04 Nov 5-8 International Netherlands Koninklijke ********** Nov 3 Si Modern Living Fair. Italy Promo/ione Trade Fair for Nederiandse Exposition Mom re Waste Processing Jaarbeurs Oct 30- International Santiago. Feria Internac-
      90 words
  • Page 31 Advertisements
    • 17 31 Get the out of Europe every Sunday and Thursday. With Finnair's new schedule. Call *****77 for details.
      17 words
    • 98 31 Would you marry a dying man? If she falls for a But it will be hard healthy man, it doesn't for her to pick up the mean they will be pieces and find love together for eternity. again if he dies... Vivien Chiong Lois Ng Two views from Showtime reporters
      98 words
  • Page 31 Miscellaneous
    • 242 31 7 Make a phone-call about trade-disruption causing V I I I I High peaks and points 10 Not in favour of a bro- |^|~~~^"1^ chure constituting an I 1111 jB il 11 A French boy before school (6) I I 12 Some men like pictures 13 One cross links now
      242 words
    • 198 31 Singapore Outlook: Hazy with showers over several areas in the late morning. Report: Maximum temperature 31.7 Assoc humidity 64% Minimum temperature 24.4 Assoc humidity 90% Hours of sunshine 2.65 Rainfall in mm Trace Rainfall this month 52.0 Rainy days this month 5 World forecast Asia-Pacific Hi/lo* Cond. Auckland 17/12 Cloudy
      198 words
    • 27 31 GQNggfit i I Woto II W£R£. BI TP ON socl WE >T;aaairr.V>, r xSTI ~Z~ 7 <B0 0 Jip L f &Q ~£l "V U SHOCK—/ v^.
      27 words

  • 161 32 AFP GENEVA Poor progress by international trade negotiators has dashed hopes that a new series of talks next week might end the current deadlock in the Uruguay Round of trade liberalisation efforts, trade officials close to the negotiations said yesterday. Arthur DunkeL,
    AFP  -  161 words
  • 391 32 The Middle East peace conference Reuter MADRID Israel and its Arab neighbours, invoking God, blood and history, laid out starkly conflicting terms for a Middle East peace settlement yesterday and clashed over the venue for further talks. Prime Minister Yitzhak Shamir,
    Reuter  -  391 words
  • 358 32  -  By S N Vasuki SINGAPORE There is an increasing balance between complementarity and competition among Asean economies. And when the Asean Free Trade Area (Afta) is created, it will be a considerable force in the world economy, according to
    358 words
  • 396 32  -  By Schutz Lee SINGAPORE The prefecture of Hiroshima in Japan is keen to attract airlines from this region, including Singapore Airlines (SIA), to establish regular services to its new international airport due to be opened in 1993. A nine-member delegation
    396 words
  • 377 32  -  Vietnamese PM's visit to Singapore By Harish Mehta SINGAPORE Singapore and Vietnam are planning to set up diplomatic missions in each other's countries, and have agreed to sign an air services agreement, a spokesman of the Singapore Ministry of Foreign Affairs said.
    377 words
  • 237 32 AFP BRISBANE There was uproar in the state Parliament of Queensland after the prosecution decided yesterday to drop charges of perjury against former premier Sir Joh Bjelke-Petersen. Special prosecutor Doug Drummond told the District Court he was not seeking a re-hearing of the
    AFP  -  237 words
  • 151 32 SINGAPORE Hanoi is prepared to build a "new order" to strengthen peace, stability and cooperation with Singapore and other Southeast Asian countries, said Vietnam's Prime Minister Vo Van Kiet. Speaking at a state banquet in his honour yesterday, Mr Kiet said that the friendship
    151 words
  • 281 32 AFP BANGKOK Thailand is to hold parliamentary elections on April 5. the official Thai News Agency reported yesterday. The country's last democratically elected government under deposed premier Chatichai Choonhavan was ousted when the National Peacekeeping Council (NPKC). the designated name of the military
    AFP  -  281 words
  • Page 32 Advertisements
    • 6 32 Nikon The World's Finest Photographic System
      6 words
    • 300 32 Nikon The World's Finest Photographic System K*s. there's SI Million to be won if you score a Hole-in- Another super Porsche 968 awaits the player who scores a One. The Courvoisier FCN SI Million Hole-in-One tournament hole-in-one at a designated green on the back nine Other fabulous will be Singapore
      300 words

  • Shipping Times
    • 524 33  -  By Rahita Elias SINGAPORE National carrier Singapore Airlines (SIA) is launching an aggressive plan to expand its worldwide cargo services network starting the first week of this month. The airline launches a weekly service to Los Angeles, together with a new offering to the Swiss
      524 words
    • 213 33 FT HONGKONG China is blocking Hongkong from signing agreements on air services with four other countries, including two important European carriers, because of political considerations over Taiwan. The latest row has stalled progress in the joint liaison group, which is overseeing details of Hongkong's return
      FT  -  213 words
    • 254 33 Reuter TAIPEI A Taiwanese official holding the number three post in the cabinet favours direct air, trade and postal links with China, the masscirculation United Daily News said yesterday. "Personally, I'm in favour of speeding up (the lifting of a four-decade-old ban on)
      Reuter  -  254 words
    • 1230 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/S Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCL
      1,230 words
    • 248 33 Reuter LONDON Shipping investors should buy and sell second-hand dry bulk vessels before 1993 to guarantee positive investment returns, a survey says. But the buying and selling of tankers will not be profitable until after that date, the survey from UK-based Ocean Shipping
      Reuter  -  248 words
    • 259 33  -  By Dexter Lee SINGAPORE Steamers Maritime Holdings has scaled an agreement with UK-based P&O Containers Ltd to transfer the agency business of its wholly-owned subsidiary to a new jointventure company. From today, P&O Containers (Singapore Agencies) Pte Ltd will take over the entire
      259 words
    • 192 33 AP DUBROVNIK, Yugoslavia A grand symbolic gesture turned into a drama on the high seas on Wednesday night when a flotilla trying to reach Dubrovnik was denied permission to dock despite high winds and the threat of attack. "I insist we be allowed to dock,"
      AP  -  192 words
    • NEWS SUMMARY
      • 40 33 THE EC is to publish a transport White Paper by the end of the year paving the way for massive increases in the cost of moving goods on Europe's roads Back Page
        40 words
      • 50 33 A FRENCH judge issued arrest warrants on Wednesday for four Libyan government officials, including a brother-in-law of the Libyan leader. Col Moammar Gaddafi, for suspected complicity in the 1989 bombing of a French DC-10 over Africa in which 170 people were killed Back Page
        50 words
      • 29 33 CHRYSLER Corp said on Wednesday that it lost USSB2 million (SSI39 million) in the third quarter, significantly less than analysts had predicted Back Page
        29 words
    • 9746 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,746 words
    • SHIPS IN PORT
      • 561 49 Hoy Kb ftrti Arrival Departot Vestal Yoy No Berth Arrival Departure Marina Terminal 1 Taokn 88 po; 3110/2100 0111/1000 Batam Bam B102 M05 31 10/2300 Tss 10USI P04 31 10/1500 31 10/1900 Brastap 1 43/91 M01 alongside 01.11/2300 Citra Jaya *****1 M04 31 10/2300 Sembawang Terminal tohan
        561 words
      • 881 49 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Shj>> Voy No Etb/Btr Period From To From ACX Daisy 20A 02/1800 2 31/1700 01/0659 01/0900 3 01/0700 01/1159 01/1400 4 01/1200 01/1459 01/1700 AkaJhum 115S 02/2300 3 01/0700 01/1159 01/1400 4 01/1200 01/1459 01/1700 Ann jemasek
        881 words
      • 922 49 TIME-CHARTER rates in the Pacific on Wednesthe strongest element in an otherwise quMy firm freight market, brokers said. ■The one-point drop in the Baltic Freight Index to ®50 represented some minor reductions in the Atlantic, they said. «ut talk of enquiry for grain vessels from a major front
        922 words
      • 617 49 Oct 28 Cata DerertyWater >esd»e Art Afawnnm Utmmt M/M Euon KG/M*3% V/V 1 M/M i M/M PPM method BO/Cimac brits Spec E25 9911 0 15 0 0 10 30* 0 10* Spec G35 9911 0 18 0 0 15 30* 010* Northern Europe 180 Ave 9810
        617 words
    • 333 50 FT PRAGUE The EC is to publish a transport White Paper by the end of the year paving the way for massive increases in the cost of moving goods on Europe's roads. Mr Karel van Miert, EC Transport Commissioner, sees the measure
      FT  -  333 words
    • 123 50 NYT PARIS A French judge issued arrest warrants on Wednesday for four Libyan government officials, including a brother-in-law of the Libyan leader. Col Moammar Gaddafi, for suspected complicity in the 1989 bombing of a French DC-10 over Africa in which 170 people were killed.
      NYT  -  123 words
    • 139 50 NYT DETROIT Chrysler Corp said on Wednesday that it lost US$B2 million (S$ 139 million) in the third quarter, significantly less than analysts had predicted. The results touched off strong buying of Chrysler stock, which rose U551,625 to finish at U5512.75 on trading volume of
      NYT  -  139 words
  • Page 33 Advertisements
    • 26 33 Lines am! services represented by Members ef the Registry ef Accredited |?lf/sSiWi IMnnliir Agents. Shown Natl—el Shio- \:lKli ptagSSedettM. /•>«■ (uhirtisinji enquiries, contact Shinnitw limc\ h! 74U-2tm/740-2(m
      26 words
    • 243 33 M j onagers /|/|ust I lanage BT shows you haw every Monday.\ "X HUH The Straits Times Wfeekly Overseas Edition. Acrisp summary of happenings in Singapore. Politics, the economy, investment opportunities,appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you everyweek, whereever you may be. Subscribe now.
      243 words
    • 31 33 Container Schedule 17 Daily Freights 17 lnde» to Advertisers 1 Shipping Guide 10,11 Ships in Port 17 Singapore Ides 17 Transport Diary 3 Veritas Report 17 Weather and Sea Conditions 17
      31 words

  • Page 34 Advertisements
    • 123 34 We handle 6,000,000 containers this year. Hn aB We put them all in here. Vf ■pilH H i H ■■MSM flo^K vM -H ||g li I^^CWjM£ 'Sgly^uK^KßMKljSl^H^HßflMp^^^^^^^^H^^^^^^i Imagine taking the millions of containers that pass easier document processing and provide instant updates through Singapore each year, and making sure that
      123 words

  • Page 35 Advertisements
    • 2507 35 OOCL (S) PTE LTD JARDME SHIPPING AGENCIES TEL *****11 FAX *****09 Alllff BOOKINGS TEL *****34 *****58 Vffllia W TERMINAL/CFS TEL: *****18-220 P RmM T1 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD ,J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service
      2,507 words
    • 2052 35 TRANSPORT DIARY No* 8 (9am to 2pm): Inmarsat Mobile Satellite Communications Seminar, jointly organised by Singapore Telecom, Singapore Polytechnic and Inmarsat at the Singapore Polytechnic Auditorium. Kor registration, please contact Vincent Khng. Singapore Telecom at tel: 730-2660. Nov 7-8: Seminar on the Shipper's and Carrier's Approach to Marine Insurance and
      2,052 words
    • 1523 35 TWO SAILINGS TO USA SEALAND MARINER V.124E ETA 4/Tl/91 MAYVIEW MAERSK V.9102 ETA 5/11/91 Vessel Voy ETA I ETO Feeder by wv Li DESTINATIONS World Lyn*/ Merkur Delta lo this week Mayview Maws* 9102 BBIWIWMMBBIHiBMWi s/ti 0000 hrs CFS 4/11 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA
      1,523 words

  • Page 36 Advertisements
    • 1001 36 T 1 |hottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE THAMES 08/343 3/11 20/11 22/11 25/11 26/11 LA SEINE 21/144 7/11 30/11 26/11 25/11 ISSESSS. HANNOVER EXPRESS 05/344 10/11 27/11 29/11 2/12 3/12 Mi WtIMM HONGKONG EXPRESS 04/145 14/11 8/12 4/12 3/12 mr (RUBI khm KAGA 21/345 17/11
      1,001 words
    • 717 36 SEASPAC SERVICE MRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 25/1t 11/12 14/12 20/12 AISO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA NUKUALOFA MRECT CHM.E/ SOUTH AMEBIC AM SERVICE SIN 100 anf vap clx IMPERIAL 2901E8 25/11 3/1 5/1 10/1 11/1 ALSO ACCEPTMG CARGO TO ARICA,
      717 words
    • 1454 36 I BaVMUUNtA &IM: REGULAH INOePEHOeWT FULL CONTAXEB SERVICE WESTBOUND FbR EUROPE SR ALG BCL HAM BRE ROT ANT FEL LHA 1 (RA (VIA (RA ALG) HAM) ROT) NORASIA SUN 9134-3 04/11 25/11 27/11 29/11 30/11 31/11 02/12 01/12 02/12 NORASIA PEARL 9135-3 10/11 02/12 04/12 05/12 07/12 06/12 01/12 07/12
      1,454 words

  • Page 37 Advertisements
    • 1464 37 (earners Maritime Holdings Ltd Mm P&O KM Ml STRAITS SHIPPING! containers gi^asrJSa ACCEPTS DUE SUS CMGO n i a 1 SniMTS STM VIU Skan. 10. Taw 01 Nm 03 Nm Vl if* A rrpnf nno straits ventmc hwi, m. kk 03 04 nm os nm 06 nm UUi OllttidlAJlC At;Clll
      1,464 words
    • 56 37 H.SEACROSS Loading SIN DESTINATION MV "GREAT STAR" VOY 2 28-31 OCT DUBAI MV "GLORY STAR" VOY 6 20-25 NOV B. ABBAS S'pere: Seacross Shipping A Chartering Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dalwi: World Seas Ships Agencies (Est) Tel: *****0 Fax: *****9 Tlx: ***** WSSA EM MpMtn far ¥oyi[t
      56 words
    • 2451 37 E- 4 m MMii TO: U.B.AVPANAMA FM: U.8.A./PANAMA STRAITS/ JAPAN/ STRAITS SERVICE *S»I/WT om ia OB wo» mc wsgt/ww mc w m en in ou SPECIALIST IN RO-RO HEAVY LIFTS genmm senator efmi 2/11 m/ii 27/11 1/12 u/i? 11/12 14/12 dm omumo mu; u/» 22/t «/10 ;/i« 4/11 CHOVANG PAM
      2,451 words

  • Page 38 Advertisements
    • 577 38 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wt VOY I STORE ROW/MMM H'BIK BREMEN MTWItP SM«MrA/33W8 4/1? «/l 12/1 1«/1 21/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to Indue* m«nt Also accepting cargo to Casablanca, Port Said. Port Atoiandria, Gonoa. Trtosto. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA
      577 words
    • 1302 38 OHAWJIN SMPPING| fW ftl ISN I IRE HAUL LGB OAK FM WL SN IM HAUL Ml U RYC I HAMN ROTTERDAM 016E 5/11 WECT 25/11 27/11 FISHGUAM) BAY IMN 4/11 N. YOKOHAMA UK 12/12 13/12 15/12 HANJM KAOHSUNG 006E 11/11 OKCT 2/12 5/12 HANJM CICJU O?S€ 11/11 M. PROPITIOUS 028E
      1,302 words
    • 1179 38 ""Wg Unw, Friday Nivembw 1 IWI IJ -IFTT^HT^^ I Ntt SfiP HU KSG KIG PUB MIT OIK NCV 96 TYO LAI CM ML nr iMM MU MM m mb mi m mm I I Sl'J'i)' ,K!J !i /U Ml S/ll 1/11 21/11 24/11 S/12 17/12 U/12 21/12 21/12 U/U l/l
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  • Page 39 Advertisements
    • 1995 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 :T UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 /m AUST/INDIA/PAKSERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 ■WP NEPLINE SDN BHD MALAYSIA ICL.-(03) *****33. P. Kelang-(03)
      1,995 words
    • 1097 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESC0 LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 J0H0RE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DtSCHMONG WESTBOUND—iOAONG TRAWSHPfP) W WTTCTPMI w me wt na Ifc |w» [n. [»im |WO »Q
      1,097 words

  • Page 40 Advertisements
    • 1195 40 IT3 ten No: **********0 M) I V W V AS AGENTS: KAWASAKI SINOAPORC (FTC) LTD I KJ TEL: *****77 TELEX: KAWAKI R*****6 FAX: *****07/8/9 LMI A MALAYSIA: K" LINE MARITIME (MALAYSIA) SON BNO MMM VAWACAVivir B vT*r..T TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1. KAWAaAKI KISEN KAISHA, LTD
      1,195 words
    • 1222 40 PHIU-ORI€NT UN€S PT€ LTD I®B RoWnson Road #07-00 GMG Building Singapore 0106 j Tafc *****22/*****69/*****00 Talax: RS ***** PHILI FAX: *****76/*****38 I %SL BY AIR, LAND OR SEA.... I WE TAKE ON THE WORLD FOR YOU &j2l MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 7 NOV DUBAI, OAMMAN. SHARJAH. DOHA. 5
      1,222 words

  • Page 41 Advertisements
    • 1268 41 SSSSSmSrMM PACIFIC INTERNATIONAL LINES (PTE) LTD S tmSmmm M m fli PtL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN BUNGA TERATAI 443 3/11 5/11 10/11 KOTA PAHLAWAN 0130 S/11 S/11 W ll EDEN 461
      1,268 words
    • 1045 41 BENUNE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint ftlA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Korrigan' 398 6/11 23/11 24/11 25/11 27/11 Nihon f 396 7/_n 28/11 29/11
      1,045 words
    • 446 41 MYANMA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf I PAGAN VI76W In Port I MERGUI VIIOW C/ 9 Nov HPA AN V 1691* 11/13 No* PINYA VUSW 20/24 No* j PAGAN VI76W 26/28 No* HPA-AN Vl7o* 30/2 Dec Id THE BANK UNE
      446 words


  • Page 43 Advertisements
    • 758 43 ■JRPnffIPHHMMI ■Tljllj i in i mi M r ScanDutchtt TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY WIDtH VESSEL PKLANO PENANO OCEAN VESSEL Ml |U HAVM(I) WOAM<2) S'HAMPTONQ) WBOWO(4) Q-BUWO (I) B Saroja/W. Mm 27/10 29/10 20/10 24/10 K«ri(M/lM 0/11 21/11 24/11 20/11 27/U B. Saraja/W Bhum 1/11 3/11 31/10 2/11 Whui/390 7/11
      758 words
    • 682 43 J" NedNoyd medlloyd europe T Nedlloyd Lines SERVICE OFFERS YOU 17 OA YS TO LE HA VRE NEW ZEAIANO/FUI VESSEL Jkt P.Kg "Pen *Btt Sin Stiyi Auckland Fiji(A) N-Ptymouth(A) Timaru Lyttetton(B) Dunetfn(B) Napier Wefegton(C) Tauranga N Rochester/9127S 2/11 4/11 4/11 4/11 5/11 9/11 22/11 4/12 13/11 14/11 15/11 15/11 16/11
      682 words

  • Page 44 Advertisements
    • 749 44 :Wi TO AUSTRALIA/NEW ZEALAND f JyS lAuch Ink Ip chaim MMTMA I ?tl 14/11 22/u 21/11 2/12 »/12 »/17 11/12 m ***** •*■>* Mi 1/12 »/17 14/12 11/12 24/12 TiTii MUSSEL 253 W/12 2t/12 31/12 C/l T?7I IS/1 C.WW2M J/1 10/1 15/1 19/1 2«7i H7l ii: TO USA/CANAOA J I
      749 words
    • 896 44 r-ifViiiriT^Trm EXPORTS 10 HONGKONG. TAIWAN, MANN.A I JAPAN "TWICE MEEKLY" MALACCA STRAITS SERVICE OUT9OUWD wm m m? SW MM HKG KAO NEE TYO SMZ NGO 109 I VESSEL VOY SIM |PKL PEN «V» m l TSK CHORUS 259 '25 18 30 10 2.11 511 711 1211 1311 14 11 ACX
      896 words
    • 1590 44 r a »s W H > SP CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINKR SERVICE cuioo«.n nun SINGAPORE'S GENERAL AGENTS AMNESIA'S MDTTS COSTAR SHIPPING PTE LTD PT. GLOBAL PUTRA '^wIvSSKSHwFmm *****00/22UU3 INDONESIA MARITIME PCNANG TEL *****1 HI: MA ***** TQIX: K *****/1 COSHP *T IE: (021)*****7. *****4 PJIAM pii m
      1,590 words

  • Page 45 Advertisements
    • 499 45 I Europe -hanjin vancouver" ooew mediterranean "fen he- 13W ••••••••••••••••A TOKYO "PACIFIC ARROW" IS/103 YOKOHAMA "PACIFIC ARROW" 15/103 KOBE "QUEEN'S WAY BRIDGE" 208 JAKARTA "BUNOA TERATAI" 443 ACCEPTING CARGO TILL 2/11 NOON CALL lIS NOW! FAST DRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK 7 VSL ETA ETC LOADING FOR
      499 words
    • 490 45 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnoo) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Uiwt) Pt\ ETHIOPIAN SHIPPING LINK (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA I LOADING FOR SPORE ANCMNET ?SWB 16/12 OARESSALAAM. MOMBASA DJIBOUTI" ASSAB. MASSAWA ABYOT 27W8 15/01 OARESSALAAM
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    • 1201 45 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in in swot ran keung hnang wot 15/|| loading (or Mi* *UVM HUMU ?o'll Loadinf tor Cakutla oanM mi loading For Male noma antic 2/11 load.-* For Male oonmulmi ivii Loaded For Fekmru PROGRESS UKRTT 14/11 Loadini tor Maldives home* elegant io/u
      1,201 words
    • 329 45 TMR-iK i VtL VOY IWQAMW MADRAS MNOAPOwi VESSEL VOY SM MM SM TIGER SHARK 02N 03-43/11 09 11/11 17-14/U < TWER SIM 17RN 04-09/11 15-17/11 23-24/11 nm cirr ozcs 13-14/11 24-22/11 24-24/11 VSL VOY 9Ma»*amKMjnnTMima»rcm VESSEL VOY SM CM. SM EAGLE RREE2E 4SI 43-43/11 14-14/11 24-21/11 LHOTSE 411 44-47/11 13-17/11
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  • Page 46 Advertisements
    • 1102 46 S'PORE IMPORT: *****02 jj PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 pEN pK PEN SIN 5/11 6/11 7/11 Ldn/Flx/Rdm/Ant £!wpt Lou* 6/11 7/11 8/11 4/11 5/11 6/11 Gottwnburg/Stockhokn/Osio 8/11 1/11 2/11 5/11 Piraous/Gonoa/Triosto
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    • 344 46 BLUE STAR LINE TO FROM ftTNEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS Sm NPI Ml ITT sm PROSPECT 15S 9/11 19/11 VIA NPI 21/11 1/12 MANDAMA OSOI 19/11 30/11 VIA NPL 2/12 29/12 ntom 15S 21/11 9/11 VIA NPI 11/11 29/11 FULLY CONTAINERISED SAILINGS DISCHARGING
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    • 1202 46 I THONG SOOW LIMES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAIMBB I CONTAINER BERVICKB T SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |W IITA IIEST VESSEL W SPME
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  • Page 47 Advertisements
    • 806 47 I^BS^^^companm^EßUAß^^^ OE VAPORES "PERUVIAN STATE LINE" IftCCEPTMG BREAKBULK/FCL/SOC CARGOES' TO/FIRM! jMJJO, MATARAN, 10* OTHER PERUVIAN POUTS' JBTH T/S AT KOBE ON CPV THROUGH BILL OF LADING. h J Pen**' P Kite| Seaport EDu KMMHEMTT 05/07 NM 10/ li Nov JOHNEVERETT 15/1$ NM 17/11 NOV StWUEYOETT 01/02 Dec VA "EVERETT ORIENT
      806 words
    • 483 47 ICZ3Z MESI] N.AMERICA/CARRIBEAN SERVICES WSSEI [VOT [SW bIAttMER |UI hST [SJ>¥ fcffC fcffl rSTtiii he j/ii m canada 1/12 14/12 14/12 14/12 11/12 m SKMPORE (IE S/ll M IIVORM) 9/12 11/12 22/12 24/12 2C/12 m MANIA N 11/11 2M HVODNO 9/12 IS/12 22/12 24/12 2«/12 *cc«pt«f carfo Ik Mand USA
      483 words
    • 564 47 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SKARIAH DOHA MUSCAT BAHRAIN ABU OHABI BANDAR ABBAS JEOOAH FAR EAST ACCEPTING FCL/LCL PENANG. P KEIANC lAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTINQ FCL/LCL LONDON FELIXSTOWE LEEDS TN.BURY ABEROEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ALL
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    • 511 47 rw PERINTIS LINE I Ai ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOV SIN JKT SBY PELOPOR 1012 02/11 05/11 DERAJAT 961 05/11 08/11 DASA LIMA 935 06/11 09/11 PELOPOR 1013 09/11 12/11 TANTO UTAMA 203 02/11 05/11 BONTANG PACIFIC 098 07/11 10/11 TANTO UTAMA 205 10/11 13/11
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    • 419 47 SIN FM EAST 4/11 KEELUNG/KAOHSIUNG 9/11 BANGKOK 3/11 MANILA/CEBU 5/11 JAKARTA/BELAWAN/SURABAYA I 3/11 PORT KELANG/PENANG/E. Malaysia 10/11 BUSAN 5/11 TOKYO/YOKO/KOBE/NGO/OSA 5/11 HONG KONG sin rwfw 5/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG 1 TIAN JIN QIN G DAO HAIKOU also accepting LCL cargo SM EBIOPE/UK 6/11 LDN/FLX/LVP/SOU 3 6/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO I also
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  • Page 48 Advertisements
    • 910 48 oT FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BANGKOK VBL SIM/MADRAS VBL SIN/CALCUTTA I VBL 6IN/BANOKOK JH Km jd JH Cm JH BKK KIT AVMUM.E 30-30/10 05-07/11 13-14/11 NUT AVALAOU 20-30/10 05-09/11 15-10/11 NHT AVAOABIE 29 Oct 2Nn 02-03/11 09-11/11 17-10/11 03-04/11 10-14/11 20-21/11 2 Ho, (Nm 00-09/11 15-17/11 23-24/11
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    • 525 48 $$Eonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND HO CHI MINH FREMANTLE GOOD RATES! FAST TRANSIT! AISO ACCEPTING CARGOES TO: PORT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 3/11 10/11 JAKARTA CONTERM EDEN S/ll 13/11 PENANG CONTERM SEROJA 4/11 11/11 PORT KEIANG CONTERM N BHUM 3/11 10/11 AUCKLANO CONTERM
      525 words
    • 548 48 CUJI con-wv inTERmODRpI 1 I I =1 mßi maintains ovsr 35,000 factors kuofct. V I I mm MCW! services over 60.000 points in U.SA J. Ijl flHBt M CWI offer rotable LCL/FCL services. Ganarol Ahum: Cf/i PENANG- KL: allied-link SINGAPORE: j&pr *****8995 778 6922(22 lines) Marina Onfl Susan Ng/Phlllp Kaa
      548 words
    • 437 48 MANILA ETA 1 VIGOUR SINGAPORE 12NB 2/11 VIGOUR PACIfC 49N8 9/11 BANGKOK 2/11 7/111 BUSAW 4/11 11/11 HONGKONG 8/1115/11 DURBAN PI LOUIS 8/1120/11 KEELUNG 4/11 11/11 USA 4/11 11/11 PI KELANG 2/11 3/11 KOBE 5/11 12/11 I PIRAEUS 8/11 20/11 OSAKA 7/11 16/11 JAKARTA 3/11 8/11 SURABAYA 3/11 7/11 y
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  • Page 49 Advertisements
    • 344 49 vO c <3 C vOc vCI)c vOc vO c vO c U VAN OMMEREN CETECO GROUP y > TRANSPORT DIVISION > 2 VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUOATOR WITH WORLDWIDE NETWORK f] J Weekly FCIACL Services \J > USA EUROPE FAR EAST V Baltimore: Votalner Consolidation Services Hamburg: Van
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  • Page 49 Miscellaneous
    • 303 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 *************************5001C**********1900 2000 2100 2200 2300 JR 09 08 09 1 1 14 18 20 22 22 20 18 16 1.4 14 14 16 19 2.2 24 25 25 22 19 15 PP
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  • Page 50 Advertisements
    • 961 50 CHARTPOINT Every Saturday in Business Times APPOINTMENTS r jfz NORTRANS SHIPPI AND TRADING I FAR EAST PTE LTD We are a well-established shipping company. To meet our expansion, we invite applications for the following positions:Boarding Officers (Senior/Junior 2 vacancies) for newty established ship agency section Preferably with working experience from
      961 words
    • 218 50 |g§| PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vhm) Voy eta eta eta Sin Surabaya Jakarta Bontang Pacific 8B 01/11 04/11 Tanto Utama 203 02/11 05/11 Nusantara Pacific 1B 04/11 07/11 Bontang Pacific 9B 08/11 11/11 Tanto Utama 205 10/11 13/11 Also accepts LCL FCL to Surabaya
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    • 658 50 CHARTPOINT Every Saturday in Business Times IVISA1 VISA FREIGHT SERVICES PTE LTD/** \m (INTERNATIONAL FREIGHT FORWARDERS) W J MIIV 10 ANSON ROAD *20-00 INTERNATIONAL PLAZA. SINGAPORE 0207 TEL *****66 (12 LMES) TELEX RS ***** VISA FACSIMILE ******6 Established Since 1964 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION
      658 words