The Business Times, 5 November 1991

Microfilm: NL17723
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times MCI (P) 16/12/90 Tuesday, November 5, 1991 THE BUSINESS PAPER FOR S-E-ASIA 75*
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  • NEWS SUMMARY
    • Article
      Manglapus to visit Myanmar
      54 1 BANGKOK Philippine Foreign Secretary Raul Manglapus yesterday said he will travel to Myanmar at the end of this month to discuss how countries can support a transition to constitutional government there. He had wanted to go to Rangoon earlier, but the Burmese "do not seem ready
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    • Article
      Military might not enough: Anand
      41 1 BANGKOK Thai Prime Minister Anand Panyarachun, in a pointed reminder to the military who appointed him, yesterday told a high-level conference on regional security: "Military might alone is no longer an adequate guarantee of national security."
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    • Article
      By invitation only
      35 1 TO ENSURE the right marketing mix, admission to Ngee Ann City for both foreign and local tenants is strictly "by invitation", said Toshin Development, the manager of the retail podium Page 2
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    • Article
      Thai PM bullish
      23 1 THAI Prime Minister Anand Panyarachum has forecast brighter prospects for the investment business sector and the stock market Page 6
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    • Article
      Boom time again
      22 1 THAILAND is expected to enjoy a second wave of domestic economic boom, said leading economist Olarn Chaipravat Page 6
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    • Article
      UK bosses furious
      40 1 BRITISH bosses are furious with the government at having had to put up with a deep recession, which they feel was uncalled for, Confederation of British Industry (CBI) secretary general John Banham said on Sunday Page 7
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    • Article
      Rapport or report?
      36 1 WHILE women think of conversation as a means of rapport, men look at it as a means of report. As a result, their talk is all too often confused and misdirected Page 11
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    • Article
      Cheap labour
      28 1 WITH the tight labour market in Japan, some employers are meeting their staff needs with foreign trainees. However, only the word 'foreign' is accurate Page 8
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    • Article
      Flights to Vietnam
      20 1 SIA is planning to mount scheduled flights to Vietnam through wholly-owned subsidiary Tradewinds Shipping Times, Pg I
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  • MARKETS SUMMARY
    • Article
      Footsie lower
      41 1 SHARES were lower at midday yesterday, drifting downward in the absence of significant investor interest. At 1200 GMT, the FTSE 100-share index was down 13.2 points, or 0.5 per cent, at 2,536.3. Volume was a light 179.8 million shares.
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    • Article
      KIO halves Sime stake
      33 1 THE Kuwait Investment Office has halved its stake in Malaysian conglomerate Sime Darby Bhd from 10 per cent to 5 per cent, said Sime's group chief executive Page 3
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    • Article
      UIC takes losses
      44 1 UNITED Industrial Corporation has divested itself of all holdings in Japan with the sale of its entire stake in Toho Bank for $24.4 million. In the process, the group will incur an estimated extraordinary net loss of $2.7 million Page 3
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    • Article
      Banking on Indochina
      29 1 THAI Farmers Bank, the second largest Thai commercial bank, sees great business opportunities in Indochina and plans to open offices in Laos and Vietnam. P*ge 5
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    • Article
      Too big to fail
      44 1 AS the nation's largest bank, Citibank is the clearest example of Washington's too-big-to-fail doctrine, which holds that some banks are so financially important and their collapse so potentially destructive that the government will back them in a crisis. Page 5
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    • Article, Illustration
      STOCK INDICES
      28 1 Monday Change BT-MGA 699.63 -1.43 Kuala Lumpur ....531.09 -5.94 Tokyo closed Hongkong 4,083.04 +45.22 Sydney 1,681.7 -2.4. Friday Change New York 3056.35 -12.75 London 2,549.5 -16.5
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SS 1.6805 100 Yen SS 1.2932 MoaOTiiiarMralH 6 27 Overnight 3 1/4 -3/16 3-month 3 3/4 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$356.65 -US$0.95 S'pore Dec... 139.50«/kg -0.50 M'sia Dec 225.50*/kg unch KL Tin Turnover 50 tonnes -15 Spot MS 14.75 /k« -0.09 Crado palm oi Turnover 510 lots -933 Dec MS878 /tonne +1
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  • Article
    Sentosa's people mover system to be simplified
    500 1  -  Cost overruns cited as reason for change By Sangeeta Mulchand Dawn Tan SINGAPORE Cost overruns have forced Sentosa Development Corporation (SDC) to resort to simplifying plans for the ambitious People Mover System, a light-rail system which is to link Singapore with the island
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  • Article, Illustration
    Lock icon Doing business in Asia less risky: survey
    645 1  -  S'pore tops ranking in Perc study of 10 countries By Yang Razali Kassim SINGAPORE Business risks in Asia have fallen during the past year, off-setting whatever socio-political uncertainties there may be in 10 regional countries covered in a survey of their latest com-parative-risk
    Source:  -  645 words
  • Article
    Lock icon Phnom Penh sells or leases factories to foreign firms in privatisation move
    221 1 AFP BANGKOK The Phnom Penh government has sold or leased a number of state factories and enterprise to foreign businesses as part of plans to privatise Cambodian industries, the official SPK news agency reported yesterday. Some 22 state
    AFP  -  221 words
  • Article
    Bangkok has no plans for more foreign insurers
    465 1  -  From Quak Hiang Whai in BANGKOK THAILAND has no immediate plans to open up its insurance market to more foreign companies because the country is already served by too many insurers, the liiai Insurance Commissioner told BT in an interview. Even Thai
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  • Article
    Lock icon Taiwan reviewing investment rules to strengthen Gatt application
    199 1 Reuter TAIPEI Taiwan may amend, or abolish, a wide range of restrictions on domestic investment in order to strengthen its application to join the General Agreement on Tariffs and Trade (Gatt), officials said. The government is making a comprehensive review of the
    Reuter  -  199 words
  • Page 1 Advertisements
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      193 1 Nikon The World s Finest Photographic System Avcnft Schedule 23 Money Market 21 World News 7 CommodAes 22 Regnal New 6 For market indices, editorial. Company News 3,4 Regnnal Stock Markets 20 advertising and arculation exCrypte Crossword 23 SES 13,14 tensions, cal Business Tunes Editorial 8 Stare Information 18 Information
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      Page 1 Advertisements Column 2
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      56 words
    • Advertisement
      Page 1 Advertisements Column 3
      10 1 Thai Farmers Bank plans offices In Laos, Vietnam, Pg 5
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        NUS graduates earn $1,633 monthly: survey
        83 2 THE gross mean monthly salary of graduates of the National University of Singapore is $1,633, according to a survey carried out by the National University of Singapore and Nanyang Technological University. But graduates of courses in engineering, computer science, architecture, building and estate management
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      • Article
        Shangri-La's 20th anniversary
        63 2 THE Shangri-La Singapore will mark its 20th anniversary with two gala dinners on Nov 18 and 19. Entertainment will be provided by Hongkong star Frances Yip, and Deputy Prime Minister Ong Teng Cheong will attend on the First night. The hotel will launch the Horizon Charitable Fund
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      • Article
        Finalists in Management Game
        53 2 SIX finalists have emerged from the semi-finals of the National Management Game 1991, says the Singapore Institute of Management. Twenty-two companies slipped into the red in the final trading period of the semi-final, losing from $46,390 to $4.4 million. The remaining 14 companies earned from $33,200
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      • Article
        Free Japanese books for poly
        48 2 THE Singapore Polytechnic will receive a one-million yen (SS13,000) donation from the Japanese Embassy for books on Japanese language, life and culture. The funds, for about 800 books, will be handed over by Japan's Ambassador to Singapore, Takehiro Togo, at a luncheon tomorrow.
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      • Article
        Forum on democracy
        73 2 THE Bukit Batok Community Centre Current Affairs Club will host a forum on "The Challenges of Democracy" on Nov 12. The forum will be chaired by Professor Chan Heng Chee, director of Singapore International Foundation, and will be held at Bukit View Secondary School, Bukit Batok Street
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    • Article, Illustration
      Ngee Ann City seeks foreign tenants for podium
      278 2  -  By Sylvia Wong TOSHIN Development, the manager of the retail podium at Ngee Ann City, plans to give the giant complex an international flavour through foreign retailers. Toshin's manager of marketing development, Mr Kenji Ibuki, said the company was holding discussions with
      278 words
    • Article, Illustration
      Hiroshima's representative office to supply 2-way info
      336 2  -  By Schurtz Lee THE Singapore representative office of the prefecture of Hiroshima, Japan, will provide information on the region to Hiroshima-based companies wishing to establish or expand their operations here. Similarly, local companies wanting to find out about Hiroshima may also approach the
      336 words
    • Article
      Govt ready to help former aided clan and mission schools: Lee
      339 2 NINE DOLLARS of grants for every dollar of donation going to former aided dan and mission schools that is how much Senior Minister Lee Kuan Yew said the government will be committed to in reinvigorating these schools. The government,
      339 words
    • Article, Illustration
      CIDB's new software will save on manpower
      297 2 MANPOWER savings of up to 60 per cent are achievable using the latest computeraided design software developed jointly by the Construction Industry Development Board (CIDB) and Gintic Institute of Computer Integrated Manufacturing, said Associate Professor Ho Nai Choon yesterday. Known as Graphical Data
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      54 2 CENTRAL LONDON'S FINEST NEW INVESTMENT Kensington Green LONDON w 8 Ideal investment opportunity Exhibition (by appointment only) Monday, November 4 Tuesday, November 5 1.00 p.m. 5.00 p.m. at Westin Stamford Minto Room, Level 4, Westin Plaza 2 Stamford Road, Singapore 0617 JonesLang SfVWootton For appointments, please contact Daniel Ng Tel:
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  • COMPANY NEWS 1
    • Article
      Kuwait Investment Office halves Sime stake to 5pc
      291 3 SINGAPORE The Kuwait Investment Office, the investment arm of the Kuwaiti government, has halved its stake in Malaysian conglomerate Sime Darby Bhd from 10 per cent to 5 per cent. Revealing the move at Sime Darby's annual general meeting in Kuala Lumpur
      291 words
    • Article
      Inchcape completes sale of Bork Singapore
      184 3 SINGAPORE Inchcape Bhd yesterday completed its sale of Bork Singapore Pte Ltd to Tammy's Investment Pte Ltd, a subsidiary of Corinthian Industries Pte Ltd, for $7.7 million. A brief statement from Inchcape yesterday said the international trading and marketing group decided to withdraw from
      184 words
    • Article
      HK company close to sealing US$ 20m Viet property deal
      391 3 HONGKONG First Pacific Land is expected to soon close a deal involving a US$2O million-plus (5533.6 million-plus) property development in Ho Chi Minh city the largest Hongkongbacked project in Vietnam to date, according to the Sunday Morning Post. Protracted 18-month
      391 words
    • Article
      Thai agro-industrial group to invest heavily in Vietnam
      288 3 BANGKOK Thailand's Charoen Pokphand Group (CP) is ready to make massive investments in commodity plantation, animal feed production, food processing and shrimp farms in Vietnam, The Nation reported last week. In a meeting with Vietnamese Prime Minister Vo Van Kiet, CP president
      288 words
    • Article, Illustration
      UIC incurs $2.7 m loss on sale of entire Toho Bank stake
      370 3  -  By Elaine Koh SINGAPORE United Industrial Corporation has divested itself of all holdings in Japan with the sale of its entire stake in Toho Bank for $24.4 million. In the process, the group will incur an estimated extraordinary
      370 words
    • Article
      Shinawatra to bid for Thai phone project
      507 3 BANGKOK Thailand's Shinawatra Group, which has tie-ups with Singapore Telecom in a number of telecommunications ventures here, has announced that it will formally bid for the country's one-million-line provincial telephone expansion project. The Nation last Saturday quoted the group's chairman Thaksin Shinawatra as
      507 words
    • Article
      Chemical Industries interim earnings up 14pc
      216 3 SINGAPORE Chemical Industries Far East Ltd (Cifel) has turned in marginally higher net earnings of $3.48 million for the half-year ended Sep 31, up 14 per cent over the same period a year earlier. The improved performance was mainly because the Gulf War earlier
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    • Article
      Lock icon AEG sets up holding company for Asian business
      241 3 AFP HONGKONG AEG, a subsidiary of Daimler-Benz of Germany, has announced the launching of a new holding company as a base for its expansion in the region. AEG East Asia Ltd, which is based in the British colony, will be responsible for
      AFP  -  241 words
    • COMPANY BRIEFS
      • Article
        RDC takes stake in Riau mining project
        77 3 SINGAPORE Resources Development Corporation (RDC), through its wholly-owned subsidiary, RDC International (RDCI), has entered into joint-venture in Riau to carry out a mining project. Under the joint-venture agreement, RDCI will take a 30 per cent stake in PT Multi Granitindo Utama (MGU) entailing
        77 words
      • Article
        Superior Metal unit sells factory
        76 3 SINGAPORE A subsidiary of Superior Metal Printing, Nissei Engineering, has sold a factory at US Neythal Road for $2.08 million. The sale of the factory is expected to increase earnings per share and net tangible assets per share of the company by 1.2 cents. The
        76 words
      • Article
        Bonvests director resigns
        36 3 SINGAPORE Dr Lim Heng Kow has resigned as a director of Bonvests Holdings Ltd effective Nov 1. Dr Lim has also relinquished a director's post at Apollo Center Pte Ltd on Oct 21.
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      • Article
        KZI buys more Pac Can shares
        61 3 SINGAPORE Mr Low Hua Kin's associate company, KZ Investments Pte Ltd, has bought 4,000 more shares in listed Pacific Can Investment Holdings Ltd. As of Oct 31, Mr Low, a director and shareholder of KZI is deemed to have an interest in 16.42 million
        61 words
      • Article
        Sunshine director steps down
        26 3 SINGAPORE Mr Chung Tze Hien has resigned as director of listed Sunshine Allied Investments Ltd. His resignation took effect on Oct 31.
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      • Article
        Amcol confirms Sunnet stake
        59 3 SINGAPORE Listed-Amcol Holdings Ltd confirmed yesterday that Sunnet Investments Pte Ltd has become a substantial shareholder in the company. Sunnet, which is 50 per cent owned by New World Development Group, bought 20 million Amcol shares at $1.80 each for a total of $36 million from
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      • Article
        Rise in Rothmans pre-tax profit
        106 3 KUALA LUMPUR Rothmans of Pall Mall (Malaysia) Bhd, reported a 24.6 per cent rise in group pre-tax profit to M$ 170.42 million for the year ended Sep 30, from $136.74 million previously. Group turnover rose 12.7 per cent to $556.62 million from $493.81 million previously.
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    • COMPANY BRIEFS
      • Article
        Seoul poised to get tough with Hyundai
        165 4 SEOUL South Korea's tax authorities are prepared to get tough with the Hyundai group and its founder if they fail to pay US$lBl million (*****.7 million) they owe in punitive charges by the end of this month, a press report said on Monday.
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      • Article
        Nine Network to resume payout
        93 4 SYDNEY Television broadcaster Nine Network Australia Ltd said it expects to pay a dividend in the current financial year to June 30, after a three-year lapse. The company said in its annual report that its restructuring was nearing completion and management was now focusing on
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      • Article
        CSR to pay lower dividend
        107 4 SYDNEY Building products and sugar group CSR Ltd said it would pay a dividend of 10 Australian cents a share for the half year to September 30, down from 16 cents a year earlier. CSR said the dividend announcement was being made before its half-year
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      • Article
        Azko maintains earnings
        104 4 AMSTERDAM Continued profit growth from pharmaceuticals helped Dutch chemical group Akzo NV's third-quar-ter earnings to almost equal the year-ago figure, despite lower shipment volumes in depressed major markets. The company reported a fall in net profit of 2.6 per cent to 161.5 million Dutch guilders (SS 144.6
        104 words
      • Article
        BHP Port Kembla workers strike
        107 4 SYDNEY Steelworkers at two Broken Hill Pty Co Ltd plants in Port Kembla, south of Sydney, voted to strike until Thursday over the use of contract labour, the second time in a week the issue has sparked a walk-out. A BHP spokesman said the strike
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      • Article
        ERA lays off 126 uranium miners
        209 4 SYDNEY Energy Resources of Australia Ltd said it has dismissed 126 of its 302 workers at its Ranger uranium mine in the Northern Territory to allow a cut in production. "A reduced workforce is the unavoidable first step in a plan to reduce annual
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    • Article
      Lock icon Canberra approves development of A$ 560m spaceport
      280 4 Reuter CANBERRA An Austra-lian-based company has been granted a mandate to develop a multi-million-dollar spaceport in the country's remote north, a government spokesman said yesterday. Industnr Minister John Button said in a statement that both the national and state governments had decided to
      Reuter  -  280 words
    • Article, Illustration
      Lock icon Cojuangco battles for San Miguel and presidency
      389 4 Reuter MANILA Industrialist Eduardo Cojuangco, "king crony" of former dictator Ferdinand Marcos, is battling to regain control of beer giant San Miguel Corp, while at the same time campaigning to win the Philippine presidency next May. Mr Cojuangco has wrested three seats on
      Reuter  -  389 words
    • Article
      Lock icon Rhone-Poulenc faces uphill sales climb in Japan
      321 4 IHT TOKYO Rhone-Poulenc Rorer Inc, the French statecontrolled pharmaceuticals concern, will face a battle to boost sales in Japan, despite plans to double the size of its local staff and possibly acquire, or merge, with a Japanese company, analysts said last Thursday. Robert
      IHT  -  321 words
    • Article
      Lock icon Coles Myer sales rise 3pc in first quarter
      244 4 Reuter MELBOURNE Retailer Coles Myer Ltd said its sales in the three months to October 27 rose 3 per cent to A 53.61 billion (Ss4£ billion), from A 53.50 billion a year earlier. Coles Myer Ltd chairman and chief executive Brian Quinn
      Reuter  -  244 words
    • Article
      Lock icon NZ Oil and Gas shares fluctuate on well report
      354 4 Reuter WELLINGTON New Zealand Oil and Gas Ltd (NZOG) shares took a rollercoaster ride as the company reported its onshore Ngato-ro-2 oil well on the west coast of North Island was probably commercially viable. NZOG, which has a 31.53 per cent
      Reuter  -  354 words
    • Article
      Lock icon Italian group to buy control of German clothing chain
      200 4 Reuter MILAN Italian textile group Marzotto SpA will become one of the world's largest clothing groups, following the preliminary agreement to buy control of German clothing chain Hugo Boss, Marzotto's chairman said. Mr Pietro Marzotto said the acquisition would make the
      Reuter  -  200 words
    • Article
      Magnum Corp sees more profit coming from liquor business
      377 4  -  From Selwyn Parker in AUCKLAND BREWER-RETAILER Magnum Corp Ltd has decided that its long-term profits will come from booze, rather than food. Last week, it announced that it will sell off its entire grocery business after spending well over a billion
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    • Article
      Lock icon NZ businesses expect an upturn
      446 4 MARKET TALK Reuter AUCKLAND The despair and gloom prevailing throughout most of the depressed New Zealand economy is failing to restrain many public companies who see better times ahead, despite challenging trading conditions. Even though unemployment is at record levels and the economy has shrunk
      Reuter  -  446 words
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      Page 3 Advertisements Column 1
      69 3 I The MQSI comprehensive digest directory tor I \^^^^thMjjsinesstnveller^^^^^^\ ENLARGED. UPDATED 2nd EDITION HUNDREDS OF NEW BUSINESS CONTACTS US$l7 «r HKSI32 tort, pott J packaging (Payable to This Is Vietnam.; AMEX accepted Address: This is VMmir. #38, 3 South BayCtose. Hong Kong Fax orrfrr (852)8129Q4€ Published wrtt) the support ot
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  • Page 4 Advertisements
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      196 4 INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system wilh over 1,000 packages sold in Singapore. Y EASY STAFF personnel system is an award winning human resource wk EASY ASSET fixed assets system that manages
      196 words
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  • FINANCIAL NEWS
    • Article
      Thai Farmers Bank plans offices in Laos, Vietnam
      425 5  -  From Qiiak Hiang Whai in BANGKOK THAI Farmers Bank, the second largest Thai commercial bank, sees great business opportunities in Indochina and plans to open offices in Laos and Vietnam. In an interview with BT, Thai Farmers Bank's executive vice-president for domestic
      425 words
    • Article
      Lock icon Foreign banks keen to operate in Cambodia
      174 5 Reuter PHNOM PENH Several foreign banks are interested in setting up operations in Cambodia after the government ditched communism and declared free-market economic reforms, the deputy director of the national bank said. Kang-Y said Hungary may join Thailand as the second foreign country
      Reuter  -  174 words
    • Article
      Lock icon Citicorp's size helps keep bank regulators away
      517 5 NYT NEW YORK As the nation's largest bank, Citibank is the clearest example of Washington's too-big-to-fail doctrine, which holds that some banks are so financially important and their collapse so potentially destructive that the government will back them in a crisis. While the
      NYT  -  517 words
    • Article, Illustration
      Lock icon Suharto raises funds to help set up Islamic bank
      281 5 AFP JAKARTA Indonesian President Suharto threw a fund-raising party in Bogor which raised 25.6 billion rupiah (5521.9 million) to help set up the country's first Islamic bank, press reports said yesterday. Mr Suharto, who played host to 4,000 prominent Muslim businessmen,
      AFP  -  281 words
    • Article
      Lock icon Vietnam's second forex centre opens in Hanoi
      249 5 Reuter HANOI Communist Vietnam held Hanoi's first foreign exchange trading session last Saturday, but managed to attract only six traders who bought or sold US$lOO,OOO (S$ 168,750), an official newspaper reported yesterday. Fifteen state-run companies and banks attended the 40-minute session, but most
      Reuter  -  249 words
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      29 5 j The Art of Fine Cognac. J M M, MM,MMll l ,Bl il| EMMW^|Mi^^^^B r >« B _j«»' t»" 7'%ir 'X* Martell Cordon Bleu. The Art of Cognac Since 1715.
      29 words
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  • THE REGION
    • NOTE BOOK
      • Article
        KL Budget to benefit transport, insurance
        116 6 KUALA LUMPUR The services sector, especially those related to shipping, transportation and insurance, is expected to grow further as the export-oriented manufacturing sector has been given a strong emphasis in the 1992 budget, UMBC Securities Sdn Bhd said. Commenting on the 1992 Budget, unveiled
        116 words
      • Article
        Global warming to hit S-E Asia
        74 6 BANGKOK The climate changes are causing South-east Asian countries 'to become warmer while food crops are declining, according to a United Nations' Environmental Programme (UNEP) report. The first study confirmed that temperature in the region will rise three to four degrees Celsius by the
        74 words
      • Article
        Maritime network for S Pacific
        111 6 SYDNEY A new maritime surveillance network for the South Pacific was announced here yesterday by Australia's Defence Science and Personnel Minister Gordon Bilney. Mr Bilney said the network would connect South Pacific countries to an extensive communications network set up to collect, collate and disseminate
        111 words
      • Article
        Fire burns 10,000 ha of forest
        64 6 JAKARTA Forest fires have razed 10,000 hectares of forests in the province of Lampung during this year's drought season, the Antara News Agency quoted Governor Pujono Pranyoto as saying. Fires burned 5,200 hectares of natural forests and 4,800 hectares of industrial forests in the
        64 words
      • Article
        Aussie jobless rate may rise
        142 6 MELBOURNE The Australia and New Zealand Banking Group Ltd said its monthly survey of Australian job advertisements showed continuing weakness in the job market in October, indicating unemployment will continue to rise. The bank said its employment advertisment series fell by 0.9 per cent during
        142 words
    • Article, Illustration
      Brighter prospects for financial sector: Anand
      447 6 THAILAND Premier Anand Panyarachun has forecast brighter prospects for the investment, business and stock market sectors next year following the easing of the tight money situation during the past eight to 12 months, the Bangkok Post reported on Sunday. Mr Anand's comments were made
      447 words
    • Article
      Lock icon US probes dumping of rubber thread
      331 6 Bernama WASHINGTON The US government is conducting an investigation to determine whether Malaysia is subsidising and dumping extruded rubber thread in the United States, a government official said here over the weekend. The US International Trade Commission (USITC) in its preliminary investigations had determined
      Bernama  -  331 words
    • Article
      Thailand to enjoy second domestic boom: economist
      531 6 THAILAND A second wave of domestic economic boom will arrive in 1993 according to Olarn Chaipravat, one of the country's leading economists, The Nation has reported. He describes 1992 as another year of transition and adjustment against the economic slowdown brought on by
      531 words
    • Article
      Lock icon More foreign investment poised to flow into Vietnam
      753 6 Washington move to normalise ties with Hanoi paves the way AFP WASHINGTON THE US decision to start talking about normalising ties with Hanoi should give a major boost to foreign investment in the communist state, business leaders, politicians and diplomats here say.
      AFP  -  753 words
    • Article
      Lock icon Hongkong residents hit hard by double-digit inflation
      365 6 AFP HONGKONG Fifty-four-year-old housewife Ngam Kam crosses into the southern Chinese city of Shenzhen twice a week to buy food for her family of six. The two-hour trip each way by bus is tiring, she says, but shopping in the Special Economic Zone
      AFP  -  365 words
    • Article, Illustration
      Lock icon Beijing summit marks breakthrough for Vietnam
      485 6 AFP HANOI Reconciliation with China will mark a major breakthrough in Vietnam's struggle to escape the economic and ideological isolation caused by the collapse of Soviet communism. Vietnamese Communist Party General Secretary Do Muoi and his Chinese counterpart, Jiang Zemin, are to seal the
      AFP  -  485 words
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      Page 6 Advertisements Column 1
      281 6 NEW CANADIAN INTERNATIONAL SCHOOL S CANADIAN OVERSEAS COLLEGE ESTABLISHED IN SINGAPORE Hie growing number of expatriate families in the main cities of Southeast Asia and the increasing desire among the local populations to attain upward mobility for their children through education were the two motivating reasons for the establishment of
      281 words
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  • THE WORLD
    • Article
      Lock icon UK employers criticise govt over recession
      274 7 AFP LONDON British bosses are furious with the government at having had to put up with a deep recession, which they feel was uncalled for, Confederation of British Industry (CBI) secretary-general John Banham said last Sunday. Speaking on the eve of the employers' organisation's
      AFP  -  274 words
    • Article
      Lock icon Cuba opening doors to foreign investors: Castro
      377 7 Reuter HAVANA President Fidel Castro said on Sunday that Cuba was opening wide its socialist economy to private foreign investors and would be a good partner in joint business deals. "We're opening up very wide, as wide as is possible," the 65-year-old Cuban
      Reuter  -  377 words
    • Article
      Lock icon American economy unlikely to slide back into slump
      294 7 Reuter WASHINGTON A central bank governor said last Sunday that US economic growth over the summer showed that the economy is recovering and will not slide back into recession. Federal Reserve Governor John LaWare told a conference of bank loan and credit
      Reuter  -  294 words
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  • Article
    Vietnam back in the fold
    435 8 EDITORIAL THE END to Vietnam's protracted economic and political isolation is near. An international pariah since it invaded Cambodia, this abysmally poor country has finally earned the credibility to integrate with its South-east Asian neighbours. Although Singapore and Vietnam have maintained diplomatic relations since 1973,
    435 words
  • WHAT THE OTHERS SAY
    • Article
      AMP arrives at the start
      201 8 THE inauguration of the Association of Muslim Professionals (AMP) last week was an event of national significance from which all Singaporeans can take encouragement. From the moment the idea of an independent group to help the Muslim community emerged last year, its development has been
      201 words
    • Article
      A parent's responsibility
      156 8 IT is a wise decision for the new system to scrap EMO and replace it with EM3 and ME3, though students entering these two streams do have problems with their first and second languages. However, in order to allow these students to have a balanced development, we
      156 words
    • Article
      Asean-Vietnam relations
      142 8 THE visit by Vietnam Prime Minister, Mr Vo Van Kiet, to Singapore opens a new phase in relations between the two countries. As the Cambodian agreement has been signed, there may be no more obstacles to Singapore and Vietnam improving their relations. Both countries can now look forward
      142 words
  • REGIONAL VIEWPOINTS
    • Article
      A humane solution
      197 8 HONGKONG and Vietnam's agreement on the repatriation of economic migrants has, quite predictably, caused a big stir not only among those 63,000 Vietnamese in confinement camps in the Crown Colony but also Western governments, nongovernmental organisations (NGOs) and politicians who seem to have appointed themselves the guardians
      197 words
    • Article
      A welcome offer
      149 8 WHEN the Financial Secretary, Mr Hamish Macdonald, stands up on Wednesday to finally reveal the package of measures he is to take to tackle the territory's double-digit inflation, it will be the culmination of many weeks of task force thinking and fierce lobbying by both the political
      149 words
    • Article
      Bridging a chasm
      134 8 IT has become a fundamental belief in the eyes of international onlookers, and possibly those of many of the protagonists involved, that Arabs and Jews hate each other and that it is impossible for either to coexist peacefully. Israel and neighbouring Arab states are still very much
      134 words
  • Article
    Lock icon A foreign worker, by any other name...
    1117 8 With the tight labour market in Japan, some employers are meeting their staff needs with foreign trainees. However, only the word 'foreign' is accurate Asahi News Service IN JAPAN, "foreign trainees" is often a synonym for cheap, unskilled help. Many employers take advantage
    Asahi News Service  -  1,117 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      61 8 IKS !p$ -J- **'<**" jM| jrvv^Q^K Lst»> SF* 4< /-r.^^E Survival Kit We've sharpened our image and focus to help you tame your corner of the concrete Jungle. A sleeker Singapore Business now gives you even better coverage of how companies in the Republic and beyond are stalking the opportunities
      61 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      57 8 DOONESBURY BY GARRY TRUDEAU NOU.NOV.Jm UOOPY, em€RHIU,U&TBUN6THB ..-OK. THOMAS tm 7BLUN6 wl WSPONP/S THBREARE TRUTH ANPOARWHOMAS TRUTH, AN?ANITA HUM ISA 6EE.IDUNNO, VO/RtRIGHT. PONC.fHEPEO- ONLY TWO ISA 6ARPEN-MRJ&TY UAR. PEUJSIONAL SOCKMH CFSUCH JOAN&RL, EbUtKTO M HAM SPOON: umSOF MHO COKRB>MS GUHJMTH STVNMNS HUNTIVWtee THAT THATCOUU? ISTSUtPIN6 HU-HAS lOCNN6 I A SMOKESCREEN
      57 words
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  • SPORTS
    • Article, Illustration
      Lock icon Garcia, McColgan emerge victorious
      472 9 New York Marathon AP UPI NEW YORK Salvador Garcia, a sergeant in the Mexican army, led a stunning 1-2 Mexican finish in the New York City Marathon on Sunday, while brash Liz McColgan of Scotland ran the fastest race by a first-time women's marathoner. Garcia, 31,
      AP; UPI  -  472 words
    • Article
      Lock icon Forget makes it a day to remember
      421 9 Paris Open AFP PARIS Guy Forget, who criticised the notoriously noisy Bercy Stadium public earlier last week, paid a warm tribute to them on Sunday after pulling off the biggest triumph of his career by winning the US$2 million Paris Open. The 27-year-old
      AFP  -  421 words
    • SIDE LINES
      • Article
        Swedes win on Woosnam's slip
        132 9 ROME An astonishing lapse of memory by Welsh golfer lan Woosnam presented the World Cup to Sweden on Sunday. The US Masters champion was single-handedly spearheading the Welsh bid for a second World Cup triumph in four years with a birdie onslaught that took him
        132 words
      • Article
        Appelmans takes Arizona title
        45 9 SCOTTSDALE, Arizona Sabine Appelmans of Belgium defeated American Chanda Rubin 7-5, 6-1 on Sunday to win the Arizona Tennis Classic. Appelmans, 19, trailed 4-2 in the first set when she came back to beat Rubin, 15, with a strong service game.
        45 words
      • Article
        Yugoslavs opt out
        62 9 SYDNEY Yugoslavia has declined to play in the firstround Davis Cup match here in an apparent bid to avoid stirring up tensions among factions in the large Yugoslavian community. Tennis Australia president Geoff Pollard said yesterday that "security reasons" lay behind the Yugoslavs' decision, which he learned
        62 words
      • Article
        Re-union of old friends
        56 9 MADRID The Baltic republics of Latvia, Lithuania and Estonia were re-admitted on Sunday to the International Yacht Racing Union. The move, which brought the union's membership to 100, means all three countries can send teams to next year's Barcelona Olympics along with South Africa and other
        56 words
    • Article
      Lock icon Stadler wins playoff to take Tour Championship
      250 9 Reuter PINEHURST, North Carolina Craig Stadler rolled in a six-foot birdie putt on the second hole of a suddendeath playoff on Sunday to defeat* Russ Cochran and win the US$2 million (553.4 million) Tour Championship for his first tour victory in seven years.
      Reuter  -  250 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      115 9 We're Committed To Giving You Faster Cargo Service To More Of America. With a growing network of 11 cargo drop centres and 4 on-line depots across the U.S. and Canada, Korean Air covers more of North America than any other Asian airline. Your cargo is processed faster courtesy of more
      115 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      903 10 WHEBE TO WINE, DINE AND ENTERTAIN WHEBI TO WINE, DINE AMP ENTERTAIN WHERE TO WINE. DIME GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      903 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      582 10 TELEVISION AND RADIO >*. it,* y.*.* V>V 'V VfVjp 8 w "■»'*'"«»o*«**■•:«'• r >+v^<****•r- > FlinVv WMMMSZZ :«§HSEIEII pdICIILIIUUU SS; MnM ,u »:2 g* SJECMJ^VL t 1155 ZrrZJTSZ W Bustness Report >~ Ik., IJO ftFctai NewsFiMn Awartlfm. >0.00 Newt. RADIOS. 92.4 »Hz in VHf Band She's Having A Baby, 9.30pm,
      582 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Talking about not talking
      655 11  -  Esther Fein says the recent Senate Judiciary Committee hearings on Clarence Thomas' nomination to the Supreme Court plays up clearly the problem of male-female non-communication Esther Fein NYT THE interplay of the sexes, at least as a New York performance art, has gone all fuzzy. When
      NYT  -  655 words
    • Article
      Lock icon Masterpiece or flashy extravagance?
      591 11  -  Reporting on a film which cost $47m and took three years to produce, Andrew Gumbel wonders whether it'll turn out to be a... Andrew Gumbel Reuter IT HAS been billed the most extravagant French film ever made. But after three years of delays, injuries, strikes, staff
      Reuter  -  591 words
    • Article, Illustration
      Contest where winners donate prizes to charity
      531 11 CHATTERBOX PAUL NEWMAN was the sole judge of a contest intended to help shoppers figure out what to do with his Spicy Diavolo Sauce which was introduced last December by his company, Newman's Own Inc, which donates all its profits to charity. Reports
      531 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      135 11 AND ENTERTAIN H^HBf mv^MHI Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfiin. Eveiy Monday to Saturday A Happy Hours: 6 to 9 pin anahotti (one for one special) SINGAPORE 16 Nassm hw. Smgaport lOCS ToMpftone (66) 732 1222 SxoUM Adolt $15f+ Child: $10t+ 6Jopm
      135 words
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      Page 11 Advertisements Column 2
      390 11 r 7f TRADITIONAL Cantonese 2. mrHH Cuisine H O BEST HONG KONG DIAN XIN IN TOWN China China Restaurant 1 Marina Bay Golf 4 Country Club M 2 6 Marina Green Singapore 0101. For Reservations Please Call 2212 m. Yes, there s $1 Million to be won if you score
      390 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      138 12 MSPCLEXMM The new The IBM" Laser Printer Vs Leading Competitor. Prints text 25% faster Poor old thing. Prints graphics 45% faster What can we say? t 16 scalable fonts 8 scalable fonts 600 DPI resolution 300 DPI resolution Adobe Standard Optional Ultra reliable 56% fewer May not be "leading" moving
      138 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market quiet as M'sian Budget seen as 'non-event'
      4125 13  -  By Sylvia Wong BROKERS and analysts on this side of the Causeway yesterday expressed their disappointment over the Malaysian Budget unveiled last Friday. They said it was "uninspired" and basically a "non-event" which did not provide enough direction for the Malaysian economy.
      4,125 words
    • Article, Illustration
      HOT STOCK
      65 13  -  Chew Eng Han Comment TAN CHONG hit the first target of $1.75 yesterday, but closed lower at $1.67. The stock may have seen a shortterm top. Daily stoc has tics are turning down and should keep prices soft over the next few days. It may dimb down to
      65 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2920 14 SPH Foreign 1310 +30 +2.3% Metalock 25* 225 29 +14.8% S1A Foreign 2010 +20 +1.0% Scmb Shipyard 760 20 2.7% RDC 334 +14 4.4% NatStcel 50* 460 +10 +2.2% OCBC Foreign 1060 +10 +1.0% Robinson 525 +10 +1.9% SIA 200 1310 +10 +0.8% AmcoJ 25*
    2,920 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3199 15 Malay awata 270 +22 8.9% Gentings 50* 650 +10 +1.6% Oriental Hldgs 540 5 0.9% H Leong Ind 50* 414 +4 +1.0% Pegi Msia 58 +4 +7.4% CASH 50* 73 +2Vj +3.5% Uniphocnix 112 +2 +1.8% Dunlop Est A 161 +1 +0.6% Menang Corp 54
    3,199 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      234 16 CIIIUHJ Mi Ymt 6iw» Ntt Nrt Mr*p firm «m to prtflt/lMS (L) par slur* (••M) (cMts) Cold Store Oct 31 Jun 91 116.894(123.170) 136(18 6) 13(10.7a) Lmjui Oct 28 Jun 91 M$4.813($4.398l) 3.7(-) SBS Oct 28 Jun 91 $2,572 ($$2,928) 101(115) 7(7) Scotts Hkfes Oct 28 Jun 91
      234 words
    • Article
      PRELIMINARY RESULTS
      218 16 j Ma Ymt Graappra-tax Nat aaraiags Qrau mm to praflt/laM (L) per sfcara iWiiai CtM) (caato) Kemyan Oct 29 May 91 M$28($l,505) —(0 7) 1.5(1.5) >68 Oct 28 Jun 91 M$17.267 ($6,506) 11.2(4.1) 12(10) *11 Corpn Oct 9 Jun 91 M$30,889($19,3ll) 13.8(7 9) 10(10 fcoutfeatf Oct 2 Jun
      218 words
    • Article
      INTERIM RESULTS
      558 16 Cmpmv Bait Mjiiir 6nep pre-tax kMi te prefli/leee a) General Corp Oct 31 M 91 W7.781 ($5,134) -<-) tacks tot Oct 31 Jul 91 $1,4981(1326) Joban HMcs Oct 31 Jul 91 MS2.762L ($165) Georp Kent Oct 28 Jul 91 W5,226($2,556) 5(4) Stt Oct 28 Sep 91 1634,500(1681,900) 15(15)
      558 words
    • Article
      CORPORATE DEVELOPMENTS
      293 16 Nov 4 Borjaya fro* has accepted all three revisions made by the Malaysian Capital Issues Committee to its proposed 101 Irredeemable Convertible Unsecured Loan Stock. The revisions are: to rase the conversion price to M 51.40 from M 51.20 previously; extend maturity to five years from seven years;
      293 words
    • Article
      DIVIDENDS ANNOUNCED
      862 16 Carta* b Baths Data TaU far TaU far peyweet Ma daaa payaMa tfca yaar laat yaar w Sic 12*(b) Dec 30 Jan 14 Jan 21 12* 10* Aaaa 5*TE(I) Oct 21 Oct 31 No* 15 5%TE 10*TE M* WpMc 6%(b) Nov 21 Ok 5 Dec 24 6% 6%
      862 words
    • Article
      APPROVED ISSUES
      85 16 Company Issm MM fhwi Two-tor-three MJO 90 per stare Ex-date Nov 1 QnnL. r ln,. M— 11 books oosc nov 10 Acceptance 1 Payment NVA Company Bomb Ismm MM Ranee One-for three Ex-date Nov 1 Boofcs ctose Nov 18 Company Othors MSM Restarted Offer for Sale of Angkasa
      85 words
    • Article
      PROPOSED ISSUES
      541 16 Company Issim Itoto He Imt One-tor-two fe MSO 65 per share Manca Tech jgfcg fe >1.00 per share tartar* (ft* tofhts awe of 189m normal amount 10% Irredeemable Convert** Unsecured Loan Stocks (CULS) on the btss of one tor low lata Issue of $90 978m normal amount of
      541 words
  • CHARTING SERVICE
    • Article, Illustration
      Trading with the help of indicators
      430 16 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      430 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Market edges lower on selling pressure
      4207 17 SHARE PRICES in Kuala Lumpur retreated from initial highs to close broadly lower yesterday on selling pressure and lack of followthrough support, with foreign fund managers notably sidelined. In moderately active trading, the KLSE Composite Index fell 5.94 points to 531.09 while the Industrial
      4,207 words
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      Page 17 Advertisements Column 1
      248 17 Now and then, you send perfor- f < mance reports to your head office j Make your report complete with j a country report. But don't bother I "'""lUll doing it yourself. Because there's PM: Lef s"make this The Straits Times Weekly Over- the finest nation lp Overseas Edition The
      248 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Share prices sharply higher in active trade
      2387 18 Reuter BANGKOK STOCKS rallied from the opening bell yesterday and closed sharply higher on prospects of lower interest rates and the general election scheduled to be held in April next year, brokers said. The Securities Exchange of Thailand (SET) Index gained a hefty
      Reuter; SOURCE: PONT DATA  -  2,387 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks closed mixed in quiet trading
      1061 18 Reuter STOCKS closed mixed in the Jakarta stock market yesterday, with its official index rising 0.82 of a point to 227.79, brokers said. Brokers said that the continuing lack of confidence of foreign investors contributed to low turnover of just 3.41 million shares. "The
      Reuter  -  1,061 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices rise sharply following rate cut
      2490 19 AP SHARE PRICES on the Hongkong stock cxchangc dosed sharply higher in increased trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, rose 45.22 points, closing at 4,083.04. Turnover amounted to HK$ 1.287 billion, up from Friday's HK51.155 billion. The
      AP  -  2,490 words
  • Article
    TOKYO STOCK EXCHANGE
    2111 19 The Toyko stock market was closed yesterday in leiu of Culture Day on Sunday. Below are Friday's closing prices. Vol Nov 1 Yea High Low COO) PE Ajinomoto 1600 -20.000 1630 1590 3500 85 Akai Electric 1150 unch 1150 1130 3010 58 All Nippon Airways 1420 -30
    2,111 words
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  • REGIONAL STOCK MARKETS
    • Asian markets close generally weaker
      • Article
        AUSTRALIA
        945 20 SCATTERED selling in the resources sector caused the Australian share market to close slightly lower in slow business yesterday. The Melbourne Cup holiday in Victoria today combined with anxious investors waiting for an interest rate cut slowed trade to a trickle, brokers said. They said situational stocks, such as
        945 words
      • Article
        SEOUL
        858 20 SEOUL stocks plunged yesterday in lethargic trade due to adverse market and economic factors, brokers said. "Owners of financial companies' shares dumped their holdings, discouraged by persistent falling in customer deposits and growing trade deficits," Dongsuh Securities broker Chung Chang Shik said. Worries that Hyundai Group may sell stocks
        858 words
      • Article
        TAIPEI
        538 20 TAIWAN shares ended mostly lower in very thin trade yesterday as political uncertainty and a lack of positive economic news kept many players sidelined, brokers said. The weighted index closed 20.W points down at 4,278.84 on turnover of NT$ 13.97 billion. All sectors fell except cement and food, which
        538 words
      • Article
        NEW ZEALAND
        352 20 NEW ZEALAND shares closed a littttr* weaker yesterday in line with Street s close on Friday, but some late buying emerged to lift the market off it's lows. Brokers were awaiting direction froitf.t* Australia and New York where easings in monetary policy seemed imminent/ 's They also attributed
        352 words
      • Article
        Untitled
        770 20 Close Previous No* 4 AUSTRALIA All Ordinaries Index 1.681.7 1,684.1 >2.4 All Industrials Index 2.618.2 2,610.7 7.5 All Resources Index 966.5 975.5 -9.0 Turnover (million) 113.5 142.2 -28.7 NEW ZEALAND NZSE-40 Capital 1.527.04 1,534.33 -7.29 Turnover (million) unav 12.40 miHLA Composite Index unav 1.025.30 Turnover (million) unav 1090 TAIPEI Weighted
        770 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      46 20 M L ha ■■HHlH■■fln I I A M V W V < H H B M fl H V H W A I H K I H 4 The smart addition to your research department is only a phone call away p Telephone: *****63, *****66, *****89 1
      46 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Tokyo insurers take second look at foreign bonds
      590 21 Falling domestic interest rates a major factor Reuter TOKYO Falling domestic interest rates, a slowing economy and a weakening outlook for the yen are leading some Japanese life insurance companies to look favourably again on foreign bonds, industry sources said. "We began
      Reuter  -  590 words
    • Article
      Lock icon Foreign investment in Mexican money market rises sharply
      382 21 Reuter MEXICO CITY Mexico's burgeoning money market hai yen a dramatic growth in foreign investment over the past year as money managers take advantage of declining inflation to secure high real returns. $ince the Mexican government opened the market to foreign investment
      Reuter  -  382 words
    • Article
      INTERBANK FOREX RATES
      388 21 Cms rites Nov 4 USS SS MS Dm Yen SFr AS NZS USS 1.6830 2.7410 1.6430 129.60 0.S6S3 1.4420 1.2796 1.7778 SS 0.5942 1.6286 0.9762 77.0053 0.3359 0.8568 0.7603 1.0563 MS 0.3648 0.6100 0.5994 47.2820 0.2062 0.5261 0.4668 0.6486 Dn 0.6086 1.0243 1.6683 78.88 0.3441 ***** 0.7788
      388 words
    • Article
      MONEY MARKET
      524 21 Interbank rates SS BM Offer Overnight 3 1/4 3 7/8 1-month 3 5/8 3 3/4 2-nMBth 3 11/16 3 13/16 3-month 3 3/4 3 7/8 Qveftetht mode: 3-9/16 US«: Mi Offer 7 days S SI/8 1 month 3 3 1/8 2 months 5 3/16 3 5/16 3 months
      524 words
    • Article
      Dollar ends slightly higher in thin Asian trade
      886 21 REPORTS THE US DOLLAR ended slightly higher against the mark in Singapore on profit-taking in thin Asian trading yesterday, but most dealers felt that the dollar is headed lower in the short-term. "People have already got shorts from higher levels and they
      886 words
    • Article
      FINANCIAL FUTURES
      1097 21 SjjjEX Open High Low Sett Eat Vol Op/lnt Vol Dec 91 94.81 94.S3 94.80 94.82 2000 ***** 3208 Mar 92 94.92 94.94 94.91 94.93 3000 ***** 5335 Jun 92 94.71 94.74 94.70 94.73 810 5956 2437 Sep 92 94.41 94.44 94.41 94.43 360 2347 1200 Dec 92 93.86
      1,097 words
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  • COMMODITIES
    • Article
      Lock icon Cocoa output likely to be lower despite early shipments
      464 22 Reuter LONDON Signs of heavy early arrivals of cocoa at ports in key West African producing countries have weakened the market, but failed to shake it from the view that crops will be down on last year, analysts and traders said.
      Reuter  -  464 words
    • Article
      Lock icon Canadian grain sale to Soviets limited by credit availability
      281 22 Reuter OTTAWA Canada's sale of four million tonnes of wheat and barley to the Soviet Union could be followed by more sales in months ahead, but the availability of credit will limit Soviet purchases, grain analysts and traders said. "I believe
      Reuter  -  281 words
    • Article
      KL tin down in tandem with lower LME
      670 22 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market slipped nine sen to close at $14.74 per kg yesterday due to higher offerings and lack of buying interest. After being unchanged for two consecutive days last week, dealers said the
      670 words
  • Article
    PRICES
    1349 22 Rubber Nov* Scents/kg Noon Ckne Int I RSS Prompt I40.2VI4I.25N 140.2VI4I.25N Int I RSS Dec 91 139 50/140 00 139 50/140 00 Int 1 RSS Jan 92 I39.7VI40.25 139.75/140.25 Int 2 RSS OP 135.50/137.50N I35.50/I37.50N Int 3 RSS OP 133.50/134.50N I33.50/I34.50N Int 4 RSS OP 130.50/132.50N 130.50/132.50N Int 5
    1,349 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      247 22 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 f OFFICIAL NOTICE We. Consort Bunkers Pie Ltd of 80 Marine Parade Road, #16-03 Parkway Parade. Singapore 1544, hereby give notice that in consequence of our intended purchase of the vessel M.T. "YAMATO MARU No 21", we have applied to the Registrar of Singapore
      247 words
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      Page 22 Advertisements Column 2
      21 22 The smart addition to your research department is only a phone call away Telephone: *****63,*****66,*****89 Innovation Technology in BT every Tuesday
      21 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1143 23 C*r FHW ETA FIUM ETD Ma Man GA893 1225 GA892 0110 MMk SQ228 1910 QF82 2115 QF82 2200 Jlaaaaa RJ183 0030 RJ183 0100 kmatotrtam GA893 1225 GA892 0110 KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 NZ35 1530 2045 2305 BM21 1105 SQ182 0915 SQI81 1410
      1,143 words
    • Article, Illustration
      Still the top US draw for gamblers
      595 23  -  POSTCARD FROM LAS VEGAS By Leslie Adler WALL STREET is betting that high rollers won't forego the glitz and glamour of Las Vegas for places like Deadwood, South Dakota, and the stately waters of the Mississippi River. "There's no place like Las Vegas,"
      595 words
    • Article
      MONEY CHANGER RATES
      152 23 As at 3pm y6st0fdJQfa Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3081 1.3233 Canadian dollar 1.4850 I.SI24 NZ dollar 0.93S4 0.9685 Sterling pound 2.9615 2.9957 US dollar 1.6780 1.6820 Local dollars to 100 uits of foreign currency Austrian schilling 14.20 14.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      61 23 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 30- International Santiago. Feria Internac- *****770% Nov 5-8 International Netherlands Koninkiijke ********** Nov 10 Trade Fair of Chile ional De Trade Fair for Nederlandse Santiago, Chile Santiago Waste Processing Jaarbeun Nov 4-8 International Sarajevo, Dp Centre
      61 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      16 23 Say goodbye to sSh\ every Monday and Tuesday. With Finnair's new schedule. Call *****77 for details.
      16 words
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      Page 23 Advertisements Column 2
      96 23 I 1.119U vJOu'P STOP RTKvof. BORING soring, ttDtous) VVQORPS IN MY MOUTH 80R1NG.... 8552 Why do the rich choose to bank privately? Why do you prefer to fly first-class? Alastair Riley. Hongkongßank Henry Lau. Lnited Overseas Bank J Slotema. AB\ Bank Affluence is growing faster in this region than in
      96 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      275 23 R —g —p —c —k —j —g —■■■m? 1 Revolver carried in one's ~~|H( H 18 B| I I boot as a precaution? (5,5) 9 Clever stroke to point (4) P° I W Parliamentary device that U—LJ--IJ--LJ— ranged (6) P 12 Sack for someone who —^—JHl—l— takes money (7) 15
      275 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      198 23 Singapore Outlook: Clondy with showers ow many areas in the late morning and afternoon. Report Maximum temperature 27.3 Assoc humidity 84% Minimum temperature 24.0 Assoc humidity 97% Hours of sunshine 0.00 Rainfall in mm Trace Rainfall this month 0.2 Rainy days this month I Hln. 11l m worra rorecasi Asia-Pacific
      198 words
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  • Article
    Poor reception depresses KL stock market
    450 24  -  Reaction to Malaysian Budget Analysts fear rapid growth could fuel inflation Fran Leslie Lopez in KUALA LUMPUR MALAYSIA'S stock market has reacted cautiously to the country's 1992 Budget, with the Kuala Lumpur Stock Exchange .Composite Index having shed 5.94 points yesterday to close at
    450 words
  • Article
    Lock icon Repatriation of illegal workers worries construction sector
    296 24 Bernama KUALA LUMPUR The Master Builders Association, Malaysia (MBAM), is concerned over the government's move to repatriate foreign workers, fearing that it would put the brakes on the construction industry. Its president, Sia Kwee Mow, said MBAM feared that the move, if not
    Bernama  -  296 words
  • Article
    Lock icon Israelis hold direct talks with Syrian, Palestinian teams
    273 24 AP MADRID Arch-enemies Israel and Syria concluded a historic round of direct talks on a divisive note on Monday, hours after the Jewish state and a Palestinian team reported progress toward serious negotiations. In a milestone meeting, hard-line Syria overcame its hesitations
    AP  -  273 words
  • Article
    Peace in Indochina Mill shape new regional order
    318 24  -  Asean has role to play in enhancing cooperation Fran Salid Abdallah in BANGKOK PEACE PROSPECTS in Indochina augur well for the shaping of a new Asian regional order, said Thai Prime Minister Anand Panyarachun, adding that the Asean states can play an
    318 words
  • Article
    Lock icon Hopewell fails to get new concessions for Thai rail job
    346 24 Reuter BANGKOK Thailand's Board of Investment has declined to give new concessions to Hopewell Holdings Ltd for a US$3.2 billion (555.4 billion) mass transit rail and development project in Bangkok but it said a deadline for the launch may be
    Reuter  -  346 words
  • Article, Illustration
    To be on top, not on tap
    736 24  -  The Bottom Line SREE KUMAR SREE KUMAR The writer, formerly a management consultant, is a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. IN A recent article in Business Times, two academics, Allan Walker and
    736 words
  • Article
    Lock icon Imelda Marcos returns to Philippines to face trial
    280 24 Agencies MANILA Former First* Lady Imelda Marcos re~ turned to the Philippines yesterday to face criminalcharges and test the political I waters nearly six years after? fleeing the country. President Corazon Aqui-" no, who allowed Mrs Marcos 1 to return for trial
    Agencies  -  280 words
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      95 24 _HL Baume Mercier GENEVE 1830 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS L <o Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the
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      5 24 JH. Baume Mercier GENEVE 1830
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  • Shipping Times
    • Article
      Tradewinds may begin flights to Vietnam soon
      365 25  -  By Dexter Lee SINGAPORE Singapore Airlines' plans to mount scheduled flights to Vietnam, through wholly-owned subsidiary Tradewinds, is poised to take off within the next month or so. Industry sources told BT that a high level delegation comprising officials from the Ministry of
      365 words
    • Article
      Lock icon China, S Korea to open direct links
      273 25 Tianjin will be first port for sea, air routes AFP BEIJING China and South Korea will soon open direct sea and air links to accommodate growing trade and attract investment to north-eastern China, an official newspaper said on Sunday. The port of Tianjin
      AFP  -  273 words
    • Article, Illustration
      Lock icon Cancellation of missiles may lead to Boeing layoffs
      277 25 Reuter SEATTLE Boeing Co said on Friday it issued notices to 605 employees warning them that they may be laid off due to President Bush's cancellation of three missile programmes. Boeing said the notices affect 300 workers in the Puget Sound area,
      Reuter  -  277 words
    • Article
      INDEX TO ADVERTISERS
      893 25 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 •ASCL S 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 3 Bangladesh Shpg 8 5 The Bank
      893 words
    • Article
      PSA buys computer system for Brani terminal
      220 25 SINGAPORE The Port of Singapore Authority is commissioning its second faulttolerant computer system at a cost of $2.2 million, this time for its Brani container terminal. In a statement yesterday, the PSA said it has bought the new computer system from Singapore Computer
      220 words
    • Article
      Lock icon Canada may raise draft at Montreal channel
      180 25 Reuter MONTREAL Canada may increase the 35-foot (10.6-metre) allowable draft or maximum water depth ships can draw on the critical Montreal-Quebec City section of the St Lawrence River System, federal transport officials said last week. The Department of Transport is discussing with shipowners
      Reuter  -  180 words
    • Article
      Lock icon Gulf carriers expected to seek replacement jets
      288 25 Reuter DUBAI Several Middle Eastern airlines are expected to make commercial aircraft purchases over the next few years chiefly to replace ageing planes in their fleets, Boeing Co director of Middle East sales Mark Muhsam said. Mr Muhsam said at the Dubai Air
      Reuter  -  288 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        PSA organises Port Week art competition
        71 26 SINGAPORE THE Port of Singapore Authority is organising an art competition as part of its Port Week 1991 programme. The competition's theme is "My view of the port" and participants may submit entires in any art medium. A total of $2,500 in cash is
        71 words
      • Article
        New Boeing labour pact ratified
        80 26 LONG BEACH, California Members of the United Auto Workers Union at McDonnell Douglas Corp's aircraft assembly in the Long Beach facility ratified a new labour pact by a three to one margin on Thursday, union officials said. The agreement covers about 17,000 members of UAW
        80 words
      • Article
        Drive to unionise NCR workers
        66 26 DAYTON, Ohio The Communications Workers of America (CWA), which represents American Telephone and Telegraph Co workers, has launched a drive to unionise newly-acquired NCR Corp's white-collar service technicians. CWA organisers said they have signed up 18 of NCR's 65 service technicians in Dayton and hope
        66 words
      • Article
        Near-collision at Heathrow
        99 26 LONDON A British Airways Boeing 747 was involved in a near-collision with a Dan Air plane at Heathrow airport on Friday, civil aviation authorities said on Saturday. They said the British Airways plane was at 1,820 metres and preparing to land and the Dan Air aircraft had
        99 words
      • Article
        Nairobi-Karachi flights restarted
        80 26 KARACHI Kenya Airways on Saturday restarted two-way flights between Nairobi and Karachi after a break of eight years, airline officials here said. The airline would operate a flight between the two cities one a week. The first flight carried 58 passengers from here to Nairobi on Saturday,
        80 words
      • Article
        New Berlin airline starts up
        90 26 BERLIN A new charter and freight airline started operating from Berlin with old aircraft from the liquidated Interflug, once the flag carrier of former communist East Germany. The government's privatisation agency closed the 33-strong Interflug fleet down in April after Germany's Deutsche Lufthansa AG and
        90 words
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      Lock icon Go for the smaller airports
      909 26  -  Which airport should you use if you are a business traveller flying to London? Roger Collis has some answers Roger Collis IHT FOR most people, flying to London means arriving (or changing planes) at one of the two dreaded megahubs Heathrow or Gatwick. The fastest
      IHT  -  909 words
    • Article
      DAILY FREIGHTS
      629 26 TAIWAN Power on Friday took a number of 60,000 tonne steam coal loads from the US Gulf in an otherwise quiet freight market, brokers said. Taiwan's electricity demand rose 10 percent in the first half of this year and several new coal-fired plants are due to come into
      629 words
    • Article
      THE SHIPPING GUIDE
      8331 34 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
      8,331 words
    • Article
      SHIPPING AGENTS
      3325 39 A Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg (S). Albatroa Sen-Air Service: Frata Shpg Pte Ud
      3,325 words
    • Article
      COURIER SERVICES
      261 39 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. A Jfc tir—lJ- r» 1 Airs win world wide courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Uuk International Tel: 344-3377.
      261 words
    • Article
      AIR FORWARDERS
      1570 39 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-803ITFax: *****05. Aerosoeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,570 words
    • Article
      PORT CONDITIONS
      3200 40 AUSTRALIA Qnmwland Abbot Point: Coal: berth vacant 3 vessels due by Oct 31 no delays. Hay Point: Coal: 1 vessel loading; 2 waiting; S vessels due by Nov 8 approximate 2 days delays. Dairyiupie Bay: I vessel loading; 7 vessels due by Nov S approximate I day delay.
      3,200 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1322 40 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER BiJL DWK UVTNTI Pu Maple 117,805 dwt and built Jan 1973 Uddevallavarvet, best offers invited. Aacelic Protector 77,961 dwt and built Jan 1977 Mitsui, need U5514,000,000 nett. Mosrhrer 34,196 dwt and built July 1972 Osaka,
      The information was contributed by Simpson Spence & Young  -  1,322 words
    • Article
      AIR FREIGHT SCHEDULE
      563 40 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL6I7 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV 796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA
      563 words
    • Article
      CRUISE & FERRY SCHEDULES
      610 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait D«P Nunc of Vessel ETA Ports of Calls Port Agent NOV 04 05 07 09 10 11 11 11 13 13 15 IS 05 05 07 09 10 11 II II 13 13 15 15 Song of Flower Orient Sun Cora Princess Orient Sun
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        516 41 Wil W» Berth frrwd Dyarturi Vestal Voy No Barth Arrival Departure MariM luminal 1 Monte Cnsto I12 alongside 04 11/0830 Batam Baru B103 M04 0411/2300 Nia S a 42 SJ18/91 J2/3 alongside 04 11/2359 Batam Maiu *****1 M04 alongside 0511/0500 Ocean Queen J5 alongside 04 11/0600 Batamndo
        516 words
      • Article
        IN MALAYSIAN PORTS
        239 41 Mwi Ptrt Barlh: 1: Kris Madura; 2: Bangkhunsri; 3: Bunga Mas; 4: Sea Chieftain; 5: Pernas Sekoi; 6: Pixy Marzo, Bunga Butang. 01 jetty: Seatern, Hai Heng 88. Xh AJhef Chemist, Petro Margo. Dm an Nov 1: Magic Lady, St Antonio, Nur Marina, Coral Gas, Ermma, Kota
        239 words
      • Article
        CONTAINER SCHEDULE
        1022 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Balance Rstts SNp Voy No Etb/Btr Period From To From ACX Jade 57A 06/1500 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 ACX Rose 206 05/0700 1 03/1500 03/1659 03/1900 2 03/1700 04/0659 04/0900 3 04/0700 04/1159 04/1400 ACX
        1,022 words
    • Article
      India's SCI to float joint venture company abroad
      445 42  -  From Shirish Nadkarni in BOMBAY THE Shipping Corporation of India (SCI) has decided to float a joint venture shipping company overseas, and has already received the blessings of the Union government on the proposal. "We have in mind some foreign shipping lines
      445 words
    • Article
      Lock icon Five die in Canadian transport plane crash
      230 42 AFP OTTAWA Five people aboard a Canadian Forces Hercules transport plane that crashed last Wednesday are dead, a government minister said last Friday. Associate Defence Minister Mary Collins told a sombre House of Commons that the five were confirmed dead after rescue teams
      AFP  -  230 words
    • Article
      Lock icon Bombardier seeks stake in de Havilland
      313 42 NYT TORONTO Bombardier Inc, a transportation conglomerate with annual sales of US$3 billion (SSS.I billion), said last Friday that it had entered negotiations with the Ontario provincial government to acquire a stake in Boeing Co's de Havilland aircraft unit. Boeing, which bought Boeing Canada
      NYT  -  313 words
    • Article
      Lock icon GTE unit joins Japanese cellular communications company
      207 42 UPI ATLANTA A unit of GTE Corp said last Friday that it had bccomc a partner in Tu-Ka Phone Kansai Inc, a Japanese-based cellular communications company formed by Nissan Motor Co Ltd. The new company, GTE Telecommunications Products and Services Interna- tional, will
      UPI  -  207 words
    • Article
      Lock icon Oil supplies dry up in Haiti under ban
      231 42 AFP PORT-AU-PRINCE From suburbs to shanty towns, the question most often asked by Port-Au-Prince residents is when the tanker announced by the government is coming to fill their gas tanks. Venezuela and Mexico have cut off Haiti's oil supplies in compliance with
      AFP  -  231 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      23 25 Line* and service* represented by Members of Mm Registry ef Accredited Singapore National Ship- \^s||jfc/ /■or luhcr/ium» enquiries, contact Shipping limey Id 74<)-2im/740-2<m
      23 words
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      Page 25 Advertisements Column 2
      244 25 9®* at* fit w ML. fTfc i OB V fm *d; < IS v»f Eir.yi: ia3 The Straits Times Weekly Overseas Edition. Aaisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered .iPfi to you everyweek, whereever you
      244 words
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      Page 25 Advertisements Column 3
      53 25 Air Forwarders 15 At Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Frwghts 2 Indei to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 Shipsales Tanker Rate 5....... 16 Ships m Port 17 Singapore Tides 17 Transport Diary 3 Weather and
      53 words
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      91 26 ■HHHgn III;. S'?'£;:I" ■;i m t *B|P' Hk E-: wr ''■■■*.>'■£>/ Vi f s ,c& j I •> ,N *<■ s V ••> I. I., V'*'" KV ;'*>/.' ■'>4 >>' V-.'.vV,.' x fcs* *;vr-r* 'A SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans
      91 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2389 27 OOCL(S) PTE LTD-JAROINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \lliff BOOKINGS TEL: *****34 *****68 Vflllia TERMINAUCFS TEL: *****18-220 P BOOOfl 7 PESAKA JAROINE 9MPPMG AGENCIES SON. BHD i J PORT KELANG TEL: *****18 FAX *****91 *****88 ~—TT PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service ipohtel
      2,389 words
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      Page 27 Advertisements Column 2
      3494 27 ■□rw.-HU'i:n WEEKLY SAILINGS TO MIDDLE EAST OCEAN BLESSING VOY. 105W ETA SIN 7/TI/91 Vassal Voy ETA ETO Feeder by DESTINATIONS World Lynx/ Merkur Dan* to This week Mant Maersk 9110 cv —12/11 oaoo hrs Port MBHH CFS 11/11 2359 HAS Katang Panang OAK |LQe HOU MEM ATL MIA CHS BAL
      3,494 words
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      921 28 ROTTEDAM/ VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SHHH LABBNE 21/144 7/11 30/11 28/11 28/11 iKSTf HANNOVER EXPRESS 09/344 10/11 27/11 20/11 2/12 3/12 WMAk HONQKONQ EXPRESS 04/14S 14/11 8/12 4/12 3/12 IMI MMH KAQA 21/348 17/11 4/12 8/12 0/12 10/12 MmSStHMM KURAMA 13/148 21/11 18/12 11/12 10/12 >
      921 words
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      Page 28 Advertisements Column 2
      731 28 aEAgPAC PER VICE DWECT SOUTH PACfIC SCTWCE C|M MOli tta PPT IMPERIAL 2901E8 25/11 11/12 14/12 20/12 ALSO ACCEPTMC CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA S NUKUALOAFA DKECT CWLE/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX IMPERIAL 2901E8 25/11 VI 5/1 10/1 11/1 ALSO ACCEFTMG CARGO TO
      731 words
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      Page 28 Advertisements Column 3
      1278 28 ElitiAifl mjrimT REGULAR INOePENDEHT FULL CONTAIEB SERVICE WESTBOUND FtoA EUROPE VSI/VOT W- 6 ®Cl HAM ME ROT MIT FEL LHA ALG) (W <*" nSasX PR INCFSS 3^I" 3fi 3 17/11 Sf/lf 21/12 05/12 08/12 °*/12 07/12 01/12 SSfffTffSF m/}} J I'M 14/12 13/12 15/12 14/12 15/12 22! S !«2 IWI
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  • Page 29 Advertisements
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      1901 29 |^jSt^niei^M(^itiiTieTfoid f jiigs Ltd P&O fITYV STRAITS SHIPPING Containers W| HUoaj #PfcJ S'port Mf Sou Ant Itot Nbf L ll *4/11 83/11 21/U 24/11 25/11 21/11 ACCEPTS DUE SAR.S (11 /U 03/11 2S/11 2S/11 30/11 CAJtGO mvnuv !ili 7 19/11 13/11 a /1 #1/12 02/12 04/12 STRAITS VENTURE V24E Muara,
      1,901 words
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      Page 29 Advertisements Column 2
      2173 29 iEBBHH TO: U.8.A./PANAMA FM: U.S.A./PANAMA WSSU/OOT OA* IGO CM TOO m WO> WTC ttSML W3T HYC WW SA» CW tCi OAK V CHOTANG f«* (f 144 J/11 1/17 4/12 13/17 11/12 11/ l? 70/12 71/17 0» OMUJIND NAI37 l«/» 20/0 77/0 27/0 «/lg ;/n ~~jTTT CHOTANG WCTONT CFI4S IC/II 10/17
      2,173 words
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      Page 29 Advertisements Column 3
      327 29 ■MM STRUTS/ JAP**/ STRAITS SERVICE LOADING FOR TOKYO COSMIC CHALLENGER VII ETA SPORE 11/11/91 ETA PK 13/11/91 LOADIHC FOR SENBOWI/ NACOYA COSMIC TRADER VBl ETA SPORE 18/11 ETA PK 29/11 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PI PI n CT GLOML SUNK VIM SM SM MPI 15/11
      327 words
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      548 30 egHHm CR NBR 11(27(*****-0 EXPRESS SEMI-CQNTAJNERSHIP SERVICE TO EVRRPE HL/WY ISTOK HMM/MMM HVK BRIAN WTWHf SMIATA/33W 1/12 (/I 12/1 16/1 21/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Rhl|icl to Inducwnt Also cifpo lo CiiiMmci. Part Said, Port MtuuM, Genoa, Trtosl*. ALSO ACCEPTING BOTH CONTAINCRS, CONVENTIONAL CARGO VIA T/S 10
      548 words
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      Page 30 Advertisements Column 2
      1213 30 OHANJIN SHIPPING LJ.IILI.IJ.|JIJIJj»IIH!BHSB^M~B!HIIIJJUIIJIIUUJJ:IjBWHBr FDR VSL I SM I LME HAUL IGB OAK Ft* WL Ml L* HAUL SAV Ul NTC HANJM ROTTERDAM 016E 5/11 DRECT 25/11 27/11 HAAJ* CIfJU 075E 11/11 M. PWPITIOUS 02* 19/12 20/12 22/12 HANJM KAOHSUNG OOff I 11/11 DKCT 2/12 5/12 H. KNANG YMK OS2E 18
      1,213 words
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      Page 30 Advertisements Column 3
      56 30 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OF CAROO VESSEL, TUGS A BARGES SPECIALISE W HBAVY-LIT. PROJECT CAROOBS TO ALL INDONBSIA. MALAYSIA. IHAILAND. MUfNB PORTS. OFFER CHARTERINO OF OUR CAROO VESSEL, TUOS A BARGES. TEL: *****26 FAX: *****63
      56 words
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      Page 30 Advertisements Column 4
      1125 30 d I mvwKUNiiiTCiniinoiiiaiaiicuiHHiiriKiaoiit kp i aunt i« s/11 i/ii 11/1112/11 ivh i?/ii u/u a/ii a/u a/n 2*/u vu 17/12 u/12 a/u a/u wu 1/1 2/1 «/i m/i m/i a/i a/i fSSJ'SX. 2JH "'}}2i» "K» a/» i/u 1V1125/u a/u »/u 7/1 i/i m/i 12/1 a/i 1/2 s/J 1/2 flow lt-<M a/11
      1,125 words
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      1976 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 B AUST/INDIA/PAK SERVICE: *****18 CFS <27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69^*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-(03) *****87.
      1,976 words
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      Page 31 Advertisements Column 2
      1072 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES I EASTBOWP-OBCHAHfING NESTBOUND-LOAOWG TRAMSHffCD <IA HOTTEHOAM wis wwr 5 |>u mc ww |i |m |«6 |m»
      1,072 words
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      Page 32 Advertisements Column 1
      1365 32 K" V Vft ICR No: 1244t*****QM) mm W «p mm AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD b TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 M M W*J MALAYSIA: K" LINE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****01/5 PENANQ *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD INOONESIA: P.T BARANA
      1,365 words
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      Page 32 Advertisements Column 2
      1128 32 PHIU-ORI€NT UNCS PT€ LTD /<Tr.2v l 108 Robinson Road #07-00 GMG Building Singapore 0106 T«i: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU M 0 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION *^F 7 NOV 12 "WW"- TOBOWO. MUSCAT. BAHRAIN,
      1,128 words
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      Page 33 Advertisements Column 1
      1290 33 JSasJIMJf PACIFIC INTERNATIONAL LINES (PTE) LTD B rn Utß PIL Building, 140 Cecil Street #0300, Singapore 0106. MAKABTA 1 IBANQKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN BUNQA TERATAI 463 10/11 12/11 17/11 KOTA SURIA 9110 8/11 11/11 IS/11 4*l 12/11 14/11 It/11 JCNLINK 74N S/11
      1,290 words
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      Page 33 Advertisements Column 2
      1062 33 Y BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Korngan* 398 6/11 23/11 24/11 25/11 27/11 Nihon 396 7/JJ 28/11 29/11 Nedlloyd DetH 408
      1,062 words
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      Page 33 Advertisements Column 3
      447 33 M MYANMA wßfe FIVE STAB LINE I (Myanmar National Una) Loading for Yangon (Rangoon) S'port P.KIf Pan P.Gdf PAGAN VI76W In Port MERGUI VIIOW 6/9 Nov HPA-AN VI69W 11/13 No* PINY A VI ltN 20/24 No* PAGAN VI7CW 26/23 No* HPA-AN VI7OW 30/2 Doc THE BANK LINE (A oervlce of
      447 words
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      Page 35 Advertisements Column 1
      696 35 (r ■MPHPHMPMIRH ■TTTTIZJ l- 111 i ill *****1 PM TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY 1 VESSEL P.KLANO PtNAHO OCEAN VEOSgL WW Lg HAVWg( 1) OAJ»<2) HAM>TON<3) WUWO<4) BWM B SflfMj/W Mm 27/10 79/10 20/10 74/10 Kani|an/350 1/11 73/11 74/11 70/11 7//11 S Sarota/W Bhum 1/11 1/11 31/10 7/11 7/11 70/11
      696 words
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      Page 35 Advertisements Column 2
      586 35 >Nedkyd NEOLLOYO EUROPE T Nedlloyd Lines SERVICE OFFERS YOU 19 DAYS TO HAMBURG NEW ZEALAND/FUI 1 ucc«ri ii pk. eeLL c« S'bivi Auckland Fii(A) HPfrmoutfi(A) Tmsni LytlfH®i(B) Duwdp(B) fUpiv Wtfcfliß(C) Tmtm|l :S" Ir Sr i B 3 £38 3 1 33 3 Accepting P Chalmers via T.maru Cargo To Be
      586 words
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      703 36 £C\ > «> Hll|i|l|lllk I H H -r v ■J TO AUSTRALIA/NEW ZEALAND I 115 Tito iFrem 1 1Mb |Syd lAuck INK If CHJUM Z 4 MMTHfk IKI M/U 22/11 27/11 2/12 1/12 f/12 11/12 CU.EN HUM 2t2 1/12 9/12 14/12 11/12 24/12 27/12 WUSSEI 213 IS/12 21/12 «/l 14/1
      703 words
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      Page 36 Advertisements Column 2
      865 36 I'll lull 111 111 ll EXPORTS TO HONGKONG, TAINAN, MANHA 1 JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND VOY Wl PEN MT SM MNL HKG KAO KEE TIP SM? NGO KOB If VESSEL VOY |SM |PRL PEN BLW SIN «CX DAISY 208 *3.11 *1 11 511 811 12.11 14.11
      865 words
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      Page 36 Advertisements Column 3
      66 36 Coimnfcral/ La/Fa Unk* To W«C«. UM. EWI NWTK SOUTH MOC* HCtt. MO WW oa«M VESSELS AVAILABLE FOR SALEyCHAftTeR/TRAWSHIPWfeNT -MM s/n/*i "BACH OAMQ" VUNOTAU/PHNOM PENH/CANTHO/AN OIANQ 7/11/tl "A VESSEL' MAOHAS/CALCUTTA/CMTTTAOOMQ/NANOOOM 17/11/S1 -A VESSEL- COLOMBO/OUOAI/DAMMAN/KUWAIT -A VSL" JEOOAH/HOOEIOAH/AQABA S/11/S1 "O. SERAVA" —SM BATAM WEEKLY SERVICES TMC SHIPPING/A AARON ORE NT LINES T«fc
      66 words
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      Page 36 Advertisements Column 4
      1599 36 /tea CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MLATSMS AGENTS SINGAPORE'S GENERAL AGENTS nOKW S AGENTS CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P.T. GLOBAL PUTRA ?--JF < g»'ZsLgi<&*»*. m INDONESIA MARITIME cow SLt«T,M""" GUAN GUAM SHPPWG SON BHD aiwTunmMM J*"EJ» f.KLANG TEL: 3CM206/7. *****55 Ann 2
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      Page 37 Advertisements Column 1
      515 37 To: ALL VALUED CUSTOMERS: WEEKLY CONSOLIDATION TO Far East, Europe Mediterranean Offering Very Competitive Rates Call Us Now! For Your Next Consignment. FAST DRECT REGULAR SERVICE TO MDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETO LOADING FOR DELI INDAH In Pt 3.11.91 PK BALAM LAMPUNG JAVA In Pt 2.11 91 PANJANG/PALEMBANG
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      Page 37 Advertisements Column 2
      454 37 S7ieiiHH!nuSMn«!c!^rpTnTo TEL: *****33 (12 UnM) rn FAX: ***** IS/*****03 to J TELEX: RS ***** RISHIP (3 UnM) TW\ EimOWMI SHffWNfi IlK* r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANOINET 25W8 16/12 OARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA ABYOT 27W8 15/01 DARESSALAAM. MOMBASA. DJIBOUTI
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      Page 37 Advertisements Column 3
      857 37 SEAWARD SHIPPING AND TRAOIN6 CO (S) PTE LTD EH ETA in SPORE KMT KELANG fENANG Bim JAOC 15/11 Sa*d Loading lor Male MVM HUOHU 20/11 Loading for Calcutta DOLPHM 7/11 Loading For Male PIONEER SUTREME Sailed Loading For Male OONMULM 15/11 Loaded For Fefcwaru PROGRESS LBII 25/11 Loading lor Maldives
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      Page 37 Advertisements Column 4
      448 37 JAKARTA BANGKOK I **A "HUM UOS 0/U 12/U lABU BHUM»» UN taTpt S/11 Fri 0/U eagle mind 140 10/u ivn ham bhum* mm tw t/u sm w/n KITI BHUM MS 13/11 M/U IMA BHUM 117S 7/11 B EAGLE WIND 141 17/11 22/11 CWU Frt B/U Mi I|/H ■IKITI BHUM MS
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      Page 37 Advertisements Column 5
      322 37 @30$# MR-IK VBL VOY BMQAPOHE MADRAS SMOAPOfIE VESSEL VOV SM MM SM TWER SHARK 02M 03-03/11 09-11/11 17-10/11 TIGER STAR 170 M 00-09/11 19-17/11 23-24/11 TIGER CUFF 07CS 13-14/11 20-22/11 20-20/11 "v«L VOY MNQAPOHE/CALCUn'A/MNOAPOWE VESSEL VOV SM CAL SM EAGLE BREEZE 001 0343/11 10-14/11 20-21/11* LHOTSE 411 00-09/11 14-10/11 29-24/11
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      Page 38 Advertisements Column 1
      1048 38 S'PORE SSKSE PENANG: (04) *****6 SIBU: (064) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PfN pv o IN I ,7.. Colombo 6/11 7/11 8/11 5/11 6/11 7/11 Ldn/Fli/Rdm/Ant Durban/Pt Louis 6/11 7/11 8/11 4/11 5/11 6/11 Gothmburc/Stockhohn/Oslo «1
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      Page 38 Advertisements Column 2
      307 38 ■^■^■MTTffTTIJTSVTTrHHHi HfSfc BLUE STAR LIME TO FROM 8/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI ML ITT SN PHOSttCT ISS 9/11 19/11 VIA NPt 21/11 8/12 MANDAMA 050S 19/11 30/11 VIA NPt 2/12 29/12 PREMKR 15S 2>/U 9/11 VM NPI 11/11 29/11 FULLY
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      Page 38 Advertisements Column 3
      1166 38 I THONG SOON LINES 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 C9WYENTIONAL/C9WTAINER COHTAIHER MBYIgH SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA KSSEL VOT ETA IIEST VESSEL W SPUE t.
      1,166 words
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      Page 41 Advertisements Column 1
      113 41 BR WsKm&t s Scalpel...scissors...sutures.. Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. yournwney" 6 WOrmed retUrnS 0,1 Essential information accessible every business day J —through Business Times. In the same way a surgeon needs his tools to operate, he needs Business
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      182 41 TIDES TODAY'S TIDES (height in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0000 *************************5001(**********1900 2000 2100 2200 2300 JR 2.4 19 1.4 10 08 08 1 1 15 22 28 29 29 2.5 20 14 09 05 04 05 08 14 21 25 2.7 PP 2.4 19
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      Page 42 Advertisements Column 1
      807 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST rang dot wd pre Isw lie haul vor kao ibh oak sea iuhmi hot mo tcm/sea rn NAN HAI 206 NOO4 21/10 25/10 31/10 LALAIUA 44E 1/11 25/11 21/11 30/11 GOIDEN
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      Page 42 Advertisements Column 2
      181 42 g§j| PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmnl Voy *ta Sin Surabaya Jakarta Nusantara Pacific 1B 06/11 10/11 Bon tang Pacific 9B 08/11 11/11 Tanto Utama 205 10/11 13/11 Nusantara Pacific 2B 11/11 14/11 Tanto Utama 207 17/11 20/11 Also accepts LCL FCL to Surabaya only
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      Page 42 Advertisements Column 3
      630 42 ICHARTPOINTI Every Saturday in Business Times SINGAPORE to PENANG every Tuesday PENANG to SINGAPORE twice a week SIN PEN tel *****11 *****8 fax *****59 *****8 FREIGHT MANAGEMENT GROUP lIM TiMMM OUR USA Ml HI Wo (nut 9N IU 0M NDU DM CM, nan I SERVICE CALLS I ■MM MM »1»
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