The Business Times, 6 November 1991

Total Pages: 46
1 46 The Business Times
  • 15 1 Business Times THE BUSINESS PAPER EOR S-E-ASIA MCI (P) 16/12/90 Wednesday, November 6, 1991 75*
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  • NEWS SUMMARY
    • 83 1 BANGKOK The Thai Cabinet has allowed Hongkonglisted Hopewell Holdings Ltd a one-month respite to launch its US$3.2 billion mass transit rail project, while it deferred decisions on whether to agree to some of the company's requests for tax holidays. Prime Minister Anand
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    • 42 1 LONDON Engineering group Hawker Siddeley forecast yesterday a 30 per cent increase in final dividend as part of its attempt to fend off a £1.5 billion hostile takeover bid by conglomerate BTR. See Page 6
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    • 42 1 THE National University of Singapore is taking a leap forward into smart card technology with a plan to issue smart cards initially to all its staff, and eventually to its entire student population of about 17,000 Page 2
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    • 36 1 NEW ZEALAND'S Immigration Minister yesterday unveiled a new immigration system based on points and on a quota system that could give people from Europe and the Americas an edge over Asians Page 2
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    • 36 1 THE Soviet Union's executive State Council has given economist Grigory Yavlinsky a week to draw up a blueprint for an economic community, as President Mikhail Gorbachev warned the republics against acting alone Page 11
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    • 39 1 SHOULD journalists also be accorded 'professional privilege' the right of a witness to refuse to reveal to a court information arising from confidential communication with a client with whom the witness has a professional relationship? Page 15
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    • 35 1 SINGAPORE AIRLINES has linked up its cargo computer system with that of KLM Royal Dutch Airlines to offer a better service to customers in the Republic and the Netherlands. Shipping Times Page I
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  • MARKETS SUMMARY
    • 30 1 LONDON share prices were slightly higher at midday yesterday. At about noon (1215 GMT) the FTSE 100-share index was up 14 points, or 0.5 per cent, at 2,541.8.
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    • 40 1 HONGKONG was chosen over Singapore as the base for Sun lory's Asia Pacific headquarters because of the territory's proximity to the vast China market and its role as a regional information hub, company officials said yesterday Page 3
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    • 23 1 PT PETROSEA's US$lB6 million gas deal in Bali shows that the Indonesian company is ready for international competition Page 3
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    • 33 1 THE French government has given approval for Nissan Motor, the leading Japanese car group in Europe, to buy its French importer and distributor for 861 million French francs Page 4
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    • 34 1 DESPITE falling world arms spending, Europe's largest defence electronics firm Thom-son-CSF will stick to its core military businesses rather than diversify, like many of its competitors, its chairman said Page 6
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    • 34 1 THE US House has overwhelmingly defeated legislation designed to rescue the nearly insolvent Federal Deposit Insurance Corp and provide new business opportunities for the nation's struggling commercial banks Page 8
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    • Article, Illustration
      26 1 Tuesday Change BT-MGA Closed Kuala Lumpur ....Closed Tokyo 24,950.86 -93.38 Hongkong 4,146.54 +63.50 Sydney 1,692.7 Monday Change New York 3,045.62 -10.73 London 2,527.8 -21.7
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    • 13 1 Exchange ntes US$ S$ 1.6805 100 Yen SS 1.2932 MS S$ 0.6127
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    • 7 1 London Gold AM fix US$356.45 -US$0.20
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  • 550 1  -  Composition of 100 m loan being worked out By Magdalene Ng SINGAPORE A project finance deal being put together for the $600-million Batam Industrial Park will bring the Singapore dollar closer to the brink of internationalisation than ever before. Mr Pek Tiong Boon,
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  • 164 1 UPI JAKARTA Indonesia plans to re-evaluate its air agreement with Singapore following complaints that Indonesian carriers have been hurt by the pact, Communications Minister Azwar Anas said yesterday. An organisation of national air carriers together with Garuda Indonesia the country's flag carrier lodged
    UPI  -  164 words
  • 347 1  -  From Salil Tripathi in COLOMBO SINGAPORE firms outnumbered companies from Japan, Hongkong, Korea, Australia and Britain at the Sri Lanka Investment Forum in Colombo on Monday. Of the 146 participating firms, 37 were from Singapore. Hongkong has 17 participating companies, Japan has
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  • 106 1 AFP TAIPEI Taiwan's Industrial Development Bureau (IDB) is planning to establish an industrial park in Vietnam as part of a drive to encourage local businessmen to invest there, IDB deputy director Chen Sheng-yi said. The planned industrial park is aimed at helping the island's
    AFP  -  106 words
  • 393 1  -  By Shoeb Kagda SINGAPORE The Papua New Guinea (PNG) government will hold major promotions in several Asian countries next year to woo regional trade and investment. The deputy secretary of PNG's Trade and Industry Department, Mr Joseph Hafmans, has told Asean journalists his
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  • 477 1  -  By Genevieve Cue SINGAPORE A FrenchSingapore joint venture has beat four other smart card giants to a major contract the supply of the "intelligent" cards for an ambitious nationwide banking card project in Taiwan. The contract is Gemplus Technologies Asia's most significant
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  • Page 1 Advertisements
    • 237 1 W Typewriters I Fax Machines 1 E Laser Printers 1 I Electronic Lettering Systems I Call 743 8000 for further details if The Dow index was not available at press-time Arcraft Schedule 27 Lifestyle 19 World Stock Markets 25 Commodibes 16 Money Changer Rates 27 Company News 3,4 Money Market
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    • 151 1 I m I FANTASY MKranm in gg X bt KU EBB Showroom: 15 Enggor StrMt *01-03 nwlyCinm MB Sngapor* 0807 Tat *****56 F«*****64 NUS opens the door to snout card technology, Pg 2 Did you get yesterday's BT? IF YOU ARE a Business Times subscriber and you did not receive
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  • PAGE 2 NEWS
    • 442 2  -  Access to library, computer facilities By Genevieve Cua SINGAPORE The National University of Singapore is taking a leap forward into smart card technology with a plan to issue smart cards initially to all its staff, and eventually to its entire student population
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    • 70 2 SINGAPORE Goh Chee Wee, Member of Parliament for Boon Lay and deputy secretary-general of the National Trades Union Congress, yesterday set the ball rolling at the launch of the BP waste recycling project. BP has set up 40 recycling centres at its petrol stations and
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    • 534 2 AFP WELLINGTON New Zealand's Immigration Minister yesterday unveiled a new immigration system based on points and on a quota system that could give people from Europe and the Americas an edge over Asians. At the same time, Bill Birch toughened up aspects of the
      AFP  -  534 words
    • 344 2 Reuter BOMBAY On the eve of the Hindu New Year, India's booming stock markets appear vulnerable to a crash of "Black Monday" magnitude, analysts said yesterday. "Share prices are not reflecting economic realities. You can see a Black Monday coming anytime now," said investment consultant KA
      Reuter  -  344 words
  • Page 2 Advertisements
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    • 98 2 ATTENTION •O' LEVEL STUDENTS* MATRICULATE AT CANADIAN OVERSEAS COLLEGE OP SINGAPORE 9 An Internationally recognized diploma signed by the Minister of Education (Province of Ontario. Canada) 9 Course Instruction by fully certified Canadian teachers 9 Choice of business or science programs 9 Canadian university applications processed by the College while
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  • COMPANY NEWS 1
    • 545 3  -  The battle for Beijaya From Williamm Chia in KUALA LUMPUR BERJAYA GROUP chief executive Tan Sri Vincent Tan, who is making a mandatory general offer for his company after disclosing he has a 51.3 per cent stake, may be required by
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    • 307 3  -  Fran Koichi Ishiyama in TOKYO JAPANESE giant Matsushita Electric Industrial Co Ltd plans to turn Malaysia into the world's biggest exporter of air-conditioners. Yukio Shotoku, president of Matsushita's three whollyowned air-conditioner subsidiaries in Malaysia, told BT: "At present, Japan is the world's
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    • 371 3 MBT KUALA LUMPUR Pengkalen Holdings (PH), through wholly-owned subsidiary Pengkalen Holiday Resort (PHR), hopes to make hotel operations one of the group's core businesses in the near future. Deputy chairman Jaya JB Tan said PH is studying the possibility of setting up
      MBT  -  371 words
    • 758 3  -  From Maggie Ford in JAKARTA WHEN PT Petrosea, the Indonesian construction and engineering company, bid on a US$lB6 million (*****.57 million) natural gas project north of Bali in last year, the company knew it was a long shot. The
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    • 373 3  -  From Catherine Ong in HONGKONG HONGKONG was chosen over Singapore as the base for Suntory's Asia Pacific headquarters because of the territory's proximity to the vast China market and its role as a regional information hub, company officials said yesterday. At
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    • COMPANY BRIEFS
      • 107 3 KUALA LUMPUR Rothmans of Pall Mall (Malaysia) Bhd, has reported a 24.6 per cent rise in group pre-tax profit to M$ 170.42 million for the year ended Sep 30, 1991, from M$ 136.74 million previously. Group turnover rose 12.7 per cent to
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      • 93 3 KUALA LUMPUR Metacorp Bhd, the zinc oxide and, chemicals group seeking a listing on the KLSE second board, has forecast a consolidated group pre-tax profit of M 52.61 million and M 53.39 million for the financial years ending Dec 31, 1991 and 1992 respectively. For its flotation
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      • 65 3 KUALA LUMPUR Delima Industries Sdn Bhd would undertake the sole mining operations of Timah Langat Benhad at Dengkil on the completion of a corporate reorganisation exercise. Timah Langat said in a circular to its. shareholders that the exercise, which would make it the holding company of
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      • 62 3 KUALA LUMPUR Malaysian International Shipping Corporation Bhd's acquisition of a 77.95 per cent stake in' Malaysia Shipyard and Engineering Sdn Bhd (MSE) from the Malaysian government has been completed. MISC said the' acquisition of shares together with the assignment of MSE's indebtedness to the government were completed
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    • 266 3  -  By Chew Eng Han SINGAPORE The ongoing sale of Gold Coin Limited to Acma Ltd is one step closer to completion. Gold Coin has announced that a conditional agreement has been executed subject to shareholders' approval under which Gold Coin will
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    • COMPANY BRIEFS
      • 103 4 IfrOKYO Japanese trading house Tomen Corp has set up a bint venture in Indonesia with PT Bukaka Teknik Utama of Indonesia to produce and export steel products, a Tomen ipokesman said yesterday. PT Bukaka Forging Industries, feapitalisecT at US$2.5 million (554.2 million), is 70
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      • 91 4 HONGKONG Helped by a good industry environment, New World Development Co Ltd made a bigger annual profit "for the year ended June 30. The company saw its net revenue increase to HKSI.I7 billion (*****.19 million) from HK.51.13 billion last year. The rise in profits was
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      • 75 4 ■CANBERRA The Australian government said yesterday Kiat it has approved in principle exports from the Beenup mineral sands project in West Australia, owned by The [Broken Hill Pty Co Ltd (BHP) unit, Mineral Deposits Ltd. It paid construction of the Beenup plant was due to
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      • 101 4 fTOKYO Sumitomo Electric Industries Ltd lowered parent Current profit forecast for the year to March 31, 1992, to 41 Htillion yen (*****.9 million) from a May forecast of 42 pillion yen, against an actual 38.44 billion yen the year "before, the electric wires and cables maker
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      • 99 4 tfARIS Food group BSN has bought soya sauce group jAmoy Industries International Ltd from Grand Metropolitan lg>lc unit Pillsbury and Hang Lung Development Co Ltd for Undisclosed terms. BSN said on Monday that Amoy, sold in ►58 countries, had a turnover of 146 million francs (5543.7
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      • 42 4 NEW YORK Mitsubishi Heavy Industries Ltd said on Monday the marketing and manufacturing functions for its machine tool productions has been consolidated into a new company, MHI Machine Tool USA Inc, located in Wood Dale, Illinois, and Hopkinsville, Kentucky.
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    • 401 4 FT PARIS The French government on Monday gave approval for Nissan Motor, the leading Japanese car group in Europe, to buy its French importer and distributor for 861 million French francs (*****.4 million). The green light from Mr Pierre Beregovoy, the Finance Minister,
      FT  -  401 words
    • 476 4 NYT NEW YORK Responding to opposition from Washington, Fujitsu Ltd has withdrawn an offer to donate a supercomputer to a Colora-do-based international consortium of electric utility organisations. Japanese entry into the United States supercomputer market has caused friction
      NYT  -  476 words
    • 324 4 BANGKOK The Central Group plans to enter into a dairy farming venture with Donlac Co of Sydney, one of Australia's largest dairy concerns. According to The Nation last Saturday, the initial investment in the project is 100 million (556.56 million) to 200
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    • 198 4 Reuter AUCKLAND Forestry and energy concern Fletcher Challenge Ltd said the downgrade of its 72 per cent-held Fletcher Canada Ltd by Canadian Bond Rating Service was expected and would not cost it any money. CBRS downgraded C$ 180 million (Ss27o million) worth of Fletcher
      Reuter  -  198 words
    • COMPANY BRIEFS
      • 82 6 HONGKONG AEG, the electrical and electronics unit of Germany's Daimler-Benz, is setting up an East Asian operations base in Hongkong by establishing a new holding company, AEG East Asia Ltd. AEG director Klaus Oertel told a news conference yesterday: "We are keen
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      • 82 6 LONDON SG Warburg Group has confirmed that it is monitoring share dealings in British Telecommunications (BT) as part of a global check ahead of the partial sale of the UK government's 48 per cent stake. Warburg, adviser to the UK on its stake sale, also confirmed
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      • 76 6 HOUSTON Shell Oil Co, citing lower crude oil prices and US$9O million in restructuring costs, on Friday reported a US$l4 million loss for the third quarter. The loss came on US$5.5 billion in revenues and compares with a profit of US$227 mOtion on revenues of
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      • 55 6 LONDON Imperial Chemical Industries said it has completed the sale of its speciality compounds business to Kawasaki Steel Corp for some US$lOO million. ICI announced agreement in principle for the sale on Sep 19 and said, the sale formed port of its previously announced reshaping
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      • 66 6 •>— Polygram GmbH, a unit of Dutch electronics group Philips Electronics, plans to cut the 1,700 workforce at its plant by more than 300 by the end, of 1992. Frfedrich Kraeft, member of the works council, said Ftfy* grin's management had told a meeting of
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    • 702 6 Reuter Mi##AMA —r Western firms floating to a post-Gulf War trade exhibition here say they wait to set up manufacturing plaits in the region to cash in on (business interest sparked by the conflict. About 1,000 exhibitors are taking part in a
      Reuter  -  702 words
    • 453 6 Reuter DUBAI Despite falling world arms spending, Europe's largest defence electronics firm Thomson-CSF will stick to its core military businesses rather than diversify like many of its competitors, its chairman said on Monday. "We do not believe in the swords to ploughshares
      Reuter  -  453 words
    • 155 6 Reuter DUESSELDORF German retailer Kaufhof Holding plans to boost group earnings per share (EPS) to around 30 marks (5530.60) by 1995 from 18.01 marks in 1990, chief executive Jens Odewald told the Handelsblatt newspaper. The newspaper quoted Mr Odewald repeating earlier forecasts that EP9
      Reuter  -  155 words
    • 394 6 Reuter LONDON Anglo-Dutch conglomerate Unilever is set to see a small rise in third quarter 1991 profits as the first signs of economic recovery start to feed through from North America, share analysts say. They expect pre-tax profits for the food, drink,
      Reuter  -  394 words
    • 366 6 Reuter NEW YORK The lure of a high-yielding investment swelled demand for RJR Nabisco Holdings Corp's preferred share offering on Friday, paving the way for the food and tobacco giant to shed its multi-billion dollar debt. The stock offering is part of a
      Reuter  -  366 words
    • 230 6 Reuter LONDON British industrial conglomerate BTR's takeover bid for engineering group Hawker Siddeley appears likely to succeed, share analysts said. Hawker will post detailed arguments against BTR's £1.5 billion (554.4 billion) cash and share offer, which ranks among the biggest hostile
      Reuter  -  230 words
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  • Page 4 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 106 8 HONGKONG Jardine Matheson Holdings Ltd said the flotation of its JIB Group pic unit has been more than four times subscribed. The London-based insurance arm of Jardines offered 16.5 million shares of 10 pence each to the public and applications for a total of 71.9
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      • 139 8 TOKYO Nomura Securities Co Ltd will apply to the Osaka Stock Exchange (OSE) soon to list a fund that invests in German securities, a Nomura spokeswoman said. Germany Fund was first listed on the New York Stock Exchange in July 1986. It had some 13
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      • 106 8 >> HELSINKI KansaJlis Mortgage Bank Ltd, a wholly-owned subsidiary of Kansallis-Osake-Pankki (KOP), will be converted into a commercial bank from a mortgage credit institution from the beginning of December, KOP said. The change would not alter the legal status of the holders of bonds issued by Kansallis
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      • 87 8 LONDON Sturge Holdings, Lloyd's of London's largest underwriting group, said it has bought German insurance agency British American Insurance Agency Gmbh, (Baia). The acquisition is the first direct entry into the German insurance market by a Lloyd's agency group, Sturge said. Duesseldorf-based BAIA now underwrites for
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      • 107 8 BRUSSELS Basque Bruxelles Lambert, Belgium's second largest bank, said it has increased its stake in Locabel, Belgium's leading leasing company, to 75 per cent from 50 per cent. "BBL wants to strengthen its presence in the leasing market," the bank said in a statement. BBL raised
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    • 369 8 AP WASHINGTON The US House of Representatives has overwhelmingly defeated legislation designed to rescue the nearly insolvent Federal Deposit Insurance Corp and provide new business opportunities for the nation's struggling commercial banks. The 324-89 vote sent lawmakers searching for a more acceptable package.
      AP  -  369 words
    • 322 8 Reuter WELLINGTON The Bank of New Zealand's (BNZ) six-month result, due tomorrow, will confirm New Zealand's biggest bank is well on the road to recovery despite a prolonged economic recession. Banking analysts said yesterday that they expect a net operating profit of US$4O"
      Reuter  -  322 words
    • 310 8 Reuter SEOUL Korea Exchange Bank (KEB), wholly owned by the South Korean government and central bank, will offer 40 million new shares worth about 200 billion won to the public. Bank executives said on Monday that of the total initial
      Reuter  -  310 words
    • 564 8 Reuter LONDON The merger of Manufacturers Hanover Corp and Chemical Banking Corp is likely to result in the loss of around 300 jobs in Europe over the next three years, said Herb Aspbury, group executive for the Chemical Banking
      Reuter  -  564 words
    • 409 8 Reuter WINTERTHUR, Switzerland Winterthur Insurance Co has said that favourable currency factors, together with recent expansion in Europe and the Asia Pacific area, would help it achieve an improvement in its 1991 result. "As long as the picture isn't clouded in the remaining two months of
      Reuter  -  409 words
    • 166 8 Reuter LOS ANGELES An industry group bidding to acquire Executive Life Insurance Co (ELIC) said it is continuing negotiations with holders of about US$2 billion (553.4 billion) of investment contracts issued by ELIC for a potential settlement of the holdecs' lawsuit to
      Reuter  -  166 words
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  • THE REGION 1
    • 333 9 JAKARTA Indonesia's current account deficit reached U552.35 billion (553.97 billion) in the first semester (April-September) of this fiscal year and will grow to more than US$4.l5 billion for the entire year, the Jakarta Post, using latest government estimates, reported on Monday.
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    • 448 9 Reuter JAKARTA A prolonged drought is expected to push Indonesia's rice production down by 2.3 per cent to 44.12 million tonnes in 1991 and may force it to import again next year, a US embassy report said. The drought damaged 400,000
      Reuter  -  448 words
    • 348 9 AFP SYDNEY Australian flag carrier Qantas Airways will dramatically raise its Asian profile following a new air services agreement between Canberra and Hongkong, an airline spokesman said here yesterday. Transport and Communications Minister Kim Beazley said the air pact would lead
      AFP  -  348 words
    • 467 9 AP KUALA LUMPUR Rapid economic growth has drained Malaysia's once ample pool of labour and further expansion is threatened by an acute manpower shortage and neglect of the English language. Manufacturing, which spearheaded the boom in recent years, has been hardest hit, according to
      AP  -  467 words
    • NOTE BOOK
      • 62 10 BANGKOK Thailand's consumer price index, base 1986, climbed 0.71 per cent to a record high of 128.4 in October after a 1.03 per cent increase in September. The Business Economics Department said yesterday that the CPI year-on-year increase in October was 5.25 per cent against
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      • 89 10 BRUSSELS The European Community has called a meeting of experts on Nov 21 to discuss ways to help Cambodia rebuild its devastated economy, French Foreign Minister Roland Dumas announced here on Monday. The EC was considering financial support, backing non-government organisations and assistance for repatriates,
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      • 87 10 MALACCA Malaysian state governments have been told to apply the common user concept when creating new industrial sites to overcome congestion in the future. In making the call, International Trade and Industry Minister Datuk Seri Rafidah Aziz said on Monday that the use of warehouses
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      • 90 10 BANGKOK Asean agriculture and forestry ministers have called for greater economic cooperation, particularly in the field of agricultural exports which face trade barriers worldwide. They have agreed to collectively promote 12 key agricultural products: frozen chicken, frozen shrimp, canned pineapples, palm oil, wood products, tapioca,
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      • 108 10 COLOMBO A South Asian summit scheduled for later this week in Colombo was in doubt yesterday after the King of Bhutan said he was unable to attend. The three-day meeting of leaders of the South Asian Association for Regional Co-operation (SAARC) Bangladesh, Bhutan, India, Maldives, Nepal,
        108 words
      • 82 10 SYDNEY The Australian government should use a visit by Indonesian armed forces chief General Try Sutrisno to raise the issue of human rights abuses in East Timor, Amnesty International said here yesterday. Amnesty said on Oct 28 that it had received reports that Indonesian
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      • 71 10 NEW YORK United Nations Secretary-General Javier Perez de Cuellar on Monday expressed dismay over Myanmar's refusal to let a UN envoy meet Nobel Peace Prize winner Aung Sang Suu Kyi, reported to be critically ill in the country's capital. "The secretary-general is deeply disappointed and disturbed
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    • 344 10 AP BANGKOK A ThaiSwedish business group has cancelled a scheduled trip to Myanmar after Stockholm complained that the mission would only help prop up the military regime there, Swedish officials said yesterday. The Thai-Swedish Chamber of Commerce in Thailand was to have sent
      AP  -  344 words
    • 558 10 Reuter HONGKONG Financial Secretary Hamish Macleod is to announce an anti-inflation plan today that is expected to attack property speculators, but economists say the colony's currency link to the US dollar means there can be no quick fix. Double-digit inflation
      Reuter  -  558 words
    • 400 10 Reuter SINGAPORE Non-com-munist South-cast Asian nations wclcomc Vietnam's reccnt overtures for closcr tics but Hanoi will have to develop its cconomy before applying for Ascan membership, diplomats say. "I think a rough analogy would be a dilemma some European Community countries face as
      Reuter  -  400 words
    • 509 10 AP KUNMING, China Officials in China's underdeveloped southern provinces see dollar signs when they talk about this week's planned normalisation of relations with neighbouring Vietnam. Businessmen and trade officials in Yunnan province and the Guangxi Zhuang Autonomous Region hope Vietnam will become
      AP  -  509 words
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  • THE WORLD
    • 531 11 Middle East peace conference AP MADRID Arabs and Israelis went home with mixed feelings of frustration and anticipation after an intense foray into the realm of peace. Israel and Syria were mired in recriminations, but promised to meet again. Few concrete achievements resulted
      AP  -  531 words
    • 427 11 AP MADRID The Palestinians are taking a new realistic approach to the Middle East conflict that has drawn public praise from Washington and empathy from much of the world. As Israel and Syria traded harsh words at the first phase of the Middle East
      AP  -  427 words
    • 399 11 Reuter WASHINGTON The Latin American economy is shaking off a decade of economic crisis, overwhelming debt and runaway inflation, the Inter-American Development Bank said. There are still profound problems, poverty is widespread and Latin America has basically lost a decade of
      Reuter  -  399 words
    • 196 11 Reuter BONN Germany's trade balance swung back into deficit in September after three months of small but widening surpluses, official data showed. The figures, released on Monday, deflated independent economists' hopes for a lasting recovery in the country's exports. The government statistics office reported
      Reuter  -  196 words
    • 342 11 AFP MOSCOW The Soviet Union's executive State Council on Monday gave economist Grigory Yavlinsky a week to draw up a blueprint for an economic community, as President Mikhail Gorbachev warned the republics against acting alone. The Soviet president was notably critical of a radical economic
      AFP  -  342 words
    • 262 11 AP MOSCOW The World Bank is giving the Soviet Union US$3O million (5550.4 million) worth of expertise to reform food, banking, business and social security systems under an agreement President Mikhail Gorbachev signed yesterday. "Responsibility for most economic policy decisions rests with
      AP  -  262 words
    • WORLD WATCH
      • 100 11 SEOUL South Korean conglomerates that delay sales of their idle land in defiance of a government directive will bq barred from taking out bank loans beginning next month, the central Bank of Korea said yesterday. The bank's Office of Bank Supervision (OBS)
        100 words
      • 116 11 TOKYO Japan's corporate capital spending in the cur- i rent (March 1992) fiscal year is expected to rise an average 4.8 per cent from a year earlier, after increasing 12.9 cent in 1990/91, the government's Economic Planning/ Agency (EPA) said in a quarterly survey. The survey,
        116 words
      • 109 11 PARIS Members of the Organisation for Economic.*? Cooperation and Development (OECD), except Turkey and Iceland, agreed on Monday on sharply limiting grants of Ttied export credits, except for those granted to the world's poorest countries. With the exception of those countries, the agreement provides that
        109 words
      • 63 11 LONDON A United Nations official attacked the British government on Monday over its plans to control what"' ministers call a tide of bogus migrants seeking politicals, asylum. Civil rights campaigners and refugee agencies have condemned a decision to fingerprint asylum seekers as infringement of human rights
        63 words
      • 62 11 BERLIN Two former east German cities on banned neo-Nazi marches intended to mark next weekend's anniversary of the Third Reich's 1938 Kristallnacht pro-"-gramme against Jews, the ADN news agency reported. The 1 right-wing Free Workers Party planned a Nazi-style torchr light parade in Leipzig on Saturday
        62 words
  • Page 11 Advertisements

  • 488 12 Editorial W THE BAD NEWS may turn out to be a blessing in disguise. Headhunters say bosses have been hiring fewer execuj tives and managers as business drops and the economic outlook becomes uncertain. After laying off staff in recent months, the banking J and
    488 words
  • WHAT THE OTHERS SAY
    • 235 12 j LIKE the famed bottle which is half-full or half--1 empty depending on whether one is an optimist or ft pessimist, the first phase of the Middle East peace ;ptalks in Madrid last week succeeded or failed dejj pending on one's expectations of them. Consider S-.the
      235 words
    • 139 12 THE reason President Aquino allows Imelda to return is to claim back from her the billions of dollars of national wealth stashed away by Marcos. This reflects the record of the government under Marcos. But on the other hand, it also shows the current economic woes of the
      139 words
    • 147 12 HUMAN beings are inseparable from Nature. Nature is part of mankind's heritage. With this philosophy in mind, Singapore is embarking on an educational drive towards creating a harmonious environment. We are now aware that in our eagerness to modernise, Singapore has inadvertently lost some its natural charms
      147 words
  • REGIONAL VIEWPOINTS
    • 236 12 IT is now clear that US President George Bush will not be coming to Thailand later this year. The US State Department has announced a trip by Mr Bush to Japan, South Korea, Singapore and Australia in late November and early December to coincide with
      236 words
    • 147 12 TODAY, barring the unexpected, Imelda Marcos will be setting foot on Philippine soil again after nearly six years of exile. For the sake of that nation's people, we can only hope that her return will not add to the burdens of our northern Asean neighbour. Apparently, President Aquino
      147 words
    • 148 12 THE First Chapter of the Middle East Peace Conference promised very little but ended with a faint whisper of hope that the volatile region may see the veil of peace one day. The fact that the adversaries sat at the bargaining table indicates a genuine desire
      148 words
  • 1003 12  -  They met to talk peace but they found the key to it elusive. Hugh Carnegy and Tony Walker report on what the Middle East peace conference achieved Tony Walker Hugh Carnegy FT HE was way behind schedule, he had spent 14 tortuous hours sorting out
    FT  -  1,003 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous

  • ANALYSIS
    • 1310 13  -  Vietnam's plastics industry is emerging from the doldrums of communist mismanagement, but it remains strapped for new technology and funds. Harish Mehta reports Harish Mehta THE mandarins of Vietnam's plastics industry abandoned their businesses when the Communists took over the industry after the fall of
      1,310 words
    • 1538 13  -  Despite the problems faced when doing business in Papua New Guinea, many Asean entrepreneurs are still persevering. Shoeb Kagda finds out why. Shoeb Kagda ALEX KOH has been working in Papua New Guinea (PNG) for four years and despite the country's numerous problems, still has faith
      Photo courtesy of Chew Yen Fook  -  1,538 words
  • Page 13 Advertisements
    • 228 13 MORTGAGEE AUCTION HOTEL ST. MORITZ ST KILDA AUSTRALIA MELBOURNE'S NEWEST BEACHSIDE HOTEL The only 4-ttar hotel offering Land Registered under the superb views of Port Phillip Bay Transfer of Land Act. ro rooms and suites yet Land in plan of consolidation No. only minutes away from the beu* part of
      228 words

  • Page 14 Advertisements
    • 457 14 WE PRESENT A NEW BANK THAT BELIEVES IN PEOPLE RATHER THAN MONEY. X/r f .#•s4^^T Cp^ i MAINLY, BECAUSE MONEY HAS NEVER COME UP WITH A BRILLIANT IDEA. The merger between ABN Bank and Amro Bank has given on your behalf, giving you better advice and working together the financial
      457 words

  • THE LAW PAGE
    • 775 15  -  'Professional privilege' refers to the right of a witness to refuse to reveal to a court information arising from confidential communication with a client with whom the witness has a professional relationship. Selva Kumar asks whether this should be accorded to journalists as well Selva
      775 words
    • 481 15 CASE SINGAPURA DEVELOPMENTS (PTE) LTD V. MANAGEMENT CORPORATION STRATA TITLE NO 446 Court of Appeal of the Republic of Singapore, Civil Appeal No 10 of 1988: Yong Pung How, Chief Justice and Justices LP Thean and M Karthigesu. THE company, Singapura Developments, sold the
      481 words
    • 365 15 PUBLIC PROSECUTOR V. TEO POH LENG High Court of the Republic of Singapore, Magistrates Appeal No 125/91/01: MPH Rubin, Judicial Commissioner. THE defendant, Ms Teo, was charged under section 304 A of the Penal Code for a negligent act. She lost control of her car
      365 words
  • Page 15 Advertisements
    • 134 15 t3 Unlike many materials, steel food and beverage cans commonly to 85% next year when the country's Senoko incinerator comes on-line. known as "tin cans" are easy to recycle. Just by disposing of them in LmM It's interesting to think that the steel can you hold in your hand today,
      134 words

  • SPORTS 1
    • SIDELINES
      • 123 16 LOS ANGELES The postponed world heavyweight title clash between champion Evander Holyfield and former titleholder Mike Tyson could take place next spring. Holy fie Id's manager Dan Duva has predicted that the showdown, origi- nally scheduled for Nov 8, but cancelled after Tyson injured himself in
        123 words
      • 90 16 FLORIDA Corey Pavin was named 1991 PGA Player of the Year by the Professional Golfers' Association of America t-on Monday by a narrow margin over Fred Couples. Pavin finished with 58 points, two ahead of his Ryder Cup teamf. mate Couples, to succeed Nick Faldo
        90 words
      • 95 16 WASHINGTON Alcohol advertisers irresponsibly use sports figures, sex, exotic locales, beauty, music and fun to sell youth the wrong idea that drinking is okay, Suigeon General Antonia Novello said yesterday. He called on brewers, distill- ers and wine producers to refrain voluntarily from targeting youth under
        95 words
      • 71 16 GRENOBLE, France France's Jeannie Longo, the world's most successful female cyclist who came out of retirement this -year, broke her own three-km indoor world record by more ■than two seconds on Monday. The winner of eight world titles Sand holder of five world indoor records set
        71 words
    • 466 16 AP ITALY When Mike Tyson was forced to pull out of his heavyweight title fight this month against champion Evander Holyfield, Francesco Damiani was chosen to fill in. Many people probably said, "Francesco who?" But the 33-year-old Italian has some credentials. A silver medallist at the 1984
      AP  -  466 words
    • 207 16 Reuter MADRID On-the-water umpires are to be introduced in next year's America's Cup to speed up decisions on infringements, said the International Yacht Racing Union (IYRU) on Monday. Tom Ehman, vice-presi-dent and general manager of the America's Cup organising committee, said it would enable
      Reuter  -  207 words
    • 482 16 Interpolis Chess Tournament AP TILBURG, Netherlands World champion Gary Kasparov won the strongest tournament in chess history on Monday with a resounding victory over fellow Soviet grandmaster Anatoly Karpov. The battle between the "two super Ks", whose rivalry has dominated the chess arena for the past
      AP  -  482 words
    • 342 17 Reuter NEW YORK Gabriela Sabatini moved into the world number three ranking spot six months ago and feels time is her ally in continuing the climb to number one. "I'm not in a hurry, I know I'll get there," the 21-year-old Sabatini said in
      Reuter  -  342 words
    • 170 17 AP MELBOURNE Jockey Steven King celebrated his 22nd birthday yesterday by riding Let's Elope to a 2-1/2 length victory in the Melbourne Cup, Australia's most prestigious horse race: Let's Elope, a four-year-old New Zealand-bred mare, was trainer Bart Cummings' ninth Melbourne Cup win. Cummings
      AP  -  170 words
    • 450 17 AP MOSCOW Hometown fa'vourite Alexander Volkov defeated Italian Diego Nargiso 6-3, 3-6, 6-3 on Monday in _the first round of the -U*****,000 Kremlin Cup at Moscow's Olympic Stadium. Eighth-seeded Volkov, the 24-year-old Soviet star who is ranked 38th worldwide, wore down his rival in
      AP  -  450 words
  • Page 16 Advertisements
    • 588 16 fan CHUAN HUP HOLDINGS LIMITED ,K3AI (INCORPORATED IN SMGAPORE) NOTICE OF ANNUAL GENERAL MEETING "NOTICE IS HEREBY GIVEN that the TWENTY FIRST ANNUAL GENERAL MEETING of the Company wfl be held at 322 Jaian Ahmad brahim, Singapore 2282, on Friday, 22 November 1991 at 230 p.m. to tranaactthe Mowing buainaaaaa:
      588 words
    • 208 16 IT A Feast That's Out Of This World, Need Not Cost The Earth. wKjtEL POUR-VARIETY HORS DT)EUVRE SUPERIOR SHARKSHNWTTH BRAISED SUPERIOR SHARKSFIN TEOCHEW BRAKED SHARKSFIN j^Bi ABALONE SUPREME ROAST SUCKLING PIGLET DEEP FRIED SOON HOCK STEAMED PROMFRET KING PRAWNS IN PEPPER SAUCE HWSS3Bf STEAMED RED GAROUPA Hri^T^Sl ABALONE WITH SEA-CUCUMBER
      208 words

  • Page 17 Advertisements
    • 110 17 L HHK b Grand Hyatt Erawan Bangkok Located in the heart of the premier business, diplomatic and shopping districts, Grand Hyatt Erawan Bangkok is, to the time conscious executive, a strategic haven. It is also exceptionally grand. Impressive accommodation with classical residential appointments, a breathtaking atrium, and a range of
      110 words

  • Page 18 Advertisements
    • 179 18 WHERE TO WINE, DIME AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE. DINE BWBBW n A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxin. Mon-Sat: 11.30 am to 2.30pm Sun: 10.30 am to 2.30pm Kings AMMIKKIK HtmiS Havelock Road, Singapore 0316.Te1:*****11 I We
      179 words
    • 319 18 JKgr] DIANXIN TEMPTATIONS Conllnuino Ihe parade of cxinary gems incomparable 8 Ruyi offers a fine selection of DianXin. From our creative A b Carle menu treaf yourself to al the DianXin you can enjoy for $16.80++ per person. Open daily from 11:30am —2:30pm for lunch, and 6:3opm 10:30pm for dmer.
      319 words
    • 214 18 bh| mm. Sweet TcaiptatloM of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at per person. PLAZA HOTEL /A m w^a vfITK BeKMoa«9MwnRO7W« »Sooll I The Bugis Lounge The* professionals are back in M
      214 words
    • 232 18 Start a Jyencli s^j^air H mm French Buffet Lunch v A |H (Kftd November 1- 30 \«o«*®iie» hmtH Noon 2.30 pm o" fl^H Adult: $36+ l Epr® Child below 10: 18 HAI We kw the world to you at The Belvedere. "OMmtfam Ql {jfinpaiK+f I^3 f «C^^Sryt^Sfcl' < l| Orchard
      232 words
  • Page 18 Miscellaneous
    • 746 18 TELEVISION AND RADIO 1 1 p il 1 Furthermore, an ex-convict 4.00 Little Missy (M). Lj ✓XT 4- -M/xrk rJ I invites Capt Devane to be 4.30 The Misadventures ef unu oi me roaa: a „,r^ ■■TTTI-IJIM rJUMI HHM 6.55 PM negnmaH Highlights. JJJ JJjTV** Mta# 5.30 Zazeo U. 7.05
      746 words

  • LIFESTYLE
    • 723 19  -  South Africa, known for apartheid and its diamonds, is now making a name for itself in the export of super high-tech yachts. Brendan Boyle reports Brendan Boyle Reuter SOME or the world's richest men are shopping in South Africa for high-tcch superyachts that will hold their
      Reuter  -  723 words
    • 390 19  -  Suzanne Cassidy on the reception to The Ride Down Mount Morgan Suzanne Cassidy NYT THE Sunday Times here quoted the playwright Arthur Miller over the weekend as saying that he expected his latest play, The Ride Down Mount Morgan, which had
      NYT  -  390 words
    • 518 19 CHAIiIRBOX ONE might have expected that a cartoon by the Prince of Wales would feature a villainous, village-devouring monster disguised as a modern architect. But The Legend of Lochnagar, a half-hour animated film adapted from a children's book written by the prince,
      518 words
    • 399 19  -  Graham Heathcote on Eric Hebborn's talent for faking it Graham Heathcote AP Eric hebborn is a self-confessed forger of old master drawings and paintings and even Renaissance bronzes. In a new book, he tells how he developed his uncanny talent. Hebborn copies have been accepted
      AP  -  399 words
  • Page 19 Advertisements
    • 164 19 AND ENTERTAIN ~*'-Htfrx»_>*£ "^Et^^S?mS6B^^m Prepared before your very own eyes, all the local favourites at the Terrace in Cafe-in-the-Park. An array of food stalls with a selection to tempt all food lovers. Available for dinner only. jiLs/ *L Mondays to Saturdays. 7.00 pm to 10.00 pm. SslB.so++ per adult SSlO.OO+
      164 words
    • 363 19 Yes, there's $1 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's most exciting golf event ever* prizes
      363 words

  • BT SHARE INFORMATION SERVICE
    • 448 20 Cm»My Date Ytar Group N«t N«t Minings Gross mh to prdit/lMS (L) p*r slur* dividend ('MO) (cMts) Cold Store Oct 31 Jun 91 $16,894($23,170) 136(18 6) 13(10 7a) Lmgu. Oct 28 Jun 91 M$4,813($4.398U 3 7(—) S8S Oct 28 Jun 91 $2,572($$2,928) 10 1(11 5) 7(7) Scotts HMgs
      448 words
    • 568 20 Company Data Half-yoar Group pro-tax latortai mi t» profit/loss (L) 4M4m4 Clwm Ind Nov 4 Sep 91 $5,143(14.460) General Corp Oct 31 lul 91 M$7.781 ($5,134) —<—) lacks Int Oct 31 Jul 91 $1.4981(1326) Johan Htdgs Oct 31 Jul 91 M$2.762l($165) George Kent Oct 28 Jul 91 M$5,226($2.556)
      568 words
    • 548 20 Company Righto Issue P* Land One-tor 4wo MS065 per shaft Ttdl One-tor-one >100 per share '■W R*hts issue of S89m nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CHS) on the bass of > one tor four W" 1 Issue of 590 978m nominal amount of 3 5%
      548 words
    • 864 20 CwTMrt Ei BmIu Date TiWhr TiWhr payaaaetf date chM payaMt tea yar last yaar ABB 50c 12%(b) Dec 30 Jan 14 Jan 21 12% 10% tan 5%TE(I) Oct 21 Od 31 Nov 15 5%TE 10%TE Antah IUp 50c 6%(b) Nov 21 Dec 5 Dec 24 6% 6% Avro
      864 words
    • 290 20 fiapinj Date Yaar Graap pra-tex Net aaraiags Cms aaa to pram/toss (L) par share «vMaad (•OM) (caate) Kemayan Oct 29 May 91 M$28($l,505) -(0 7) 1.5(1.5) AIS8 Oct 28 Jun 91 M$17.267 ($6,506) 11.2(4.1) 12(10) YTLCocpn Oct 9 Jun 91 M$30,889($19.311) 13.8(7 9) 10(10 Boustead Oct 2 Jun
      290 words
    • 411 20 Nov 4 Berjaya Group has accepted all three revisions made by the Malaysian Capital Issues Committee to its proposed 10% Irredeemable Convertible Unsecured Loan Stock. The revisions are: to raise the conversion price to MJ1.40 from MS 1.20 previously; extend maturity to five years from seven years; and
      411 words
    • 1776 20 Trail* Registered Substantial b»/ Shares Amount •th.r.iutUi... Stock Data HaMar sSl C fcga tbShr Cfcf PCL 25/10/91 The 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 Services
      1,776 words
    • 67 20 Coamsioa Special Trig Scriptess Conmsioo deadline Period Trad^ Company starts (IDP) (ST) starts HTP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct II Mhwlwe Dec 16 Plwkwajr Hldgs Oct 11 Nov 7 Oct 25 Nov 7 Nov8 ix Saaskiae Allied Sep 2 Sep 26 Sep 16
      67 words
    • 370 20 Mate Board Last FnN Ye* Company Period Date Tear Not EPS toss Not mound (conts) *r pralt m (tooo) EMS Fral Nov 6 Jul 91 30TE 17.8781 »H Final Nov 9 Auk 91 54.3 300 133.374 Summa kn Interim Nov 12 Mar 92 2.3 3.435 I Sombawan( Interim
      370 words
    • 84 20 Company W|M« Issuo MM Franc* Two-tor three MJ0 90 per share. Ex-dale: Nov 1 Books dose: Nov 18 Acceptance t Payment: NYA Company Bonus Issiio MM Finance One-for three Ex-date Nov 1 Books dose Nov 18 Company others Ami Steel Restricted Offer for Sale of Angkasa Marketing Bhd
      84 words
    • 461 20 British And Malayan Trustees Ltd: AGM at the Board Room, 17 Phillip Street, #08-00 Grand Building. Singapore 0104 on Thursday, Nov 7, at 2.30pm. first Capital Corp Ltd: 15th AGM EGM at 20 Collyer Quay #11-01 Tunc Centre, Singapore 0104 on Friday, Nov 8, at 12 noon. Sea
      461 words
    • 159 20 RECORD HIGHS LOWS BT Composite Index ST Mistrials Index lMI h*t 1333.08 (3/6/91) 1991 htft 1565.58 (3/6/91) 1991 Imk 1022.52 (16/1/91) 1991 lw. 1149.08 (16/1/9!) 1991M* 1435.43 (16/7/90) 1991 l*t 1607.12 (27/3 ,'90> 1990 tar 981.07 (09/11/90) 1990 Imk 1079.50 (11/10 91) 1909 N* 1322.00 (28/12/89) 1909 1487.76 (26 12
      159 words

  • STOCK EXCHANGE OF THAILAND
    • 2370 21 Reuter UPI INVESTORS took profits yesterday after Monday's price rises, pressuring stocks to a slightly lower close in active trade, brokers said. "The market opened busy with investors continuing to buy shares, causing the index to rise 5 points," said Malai Krong Phaisarn,
      Reuter; UPI; SOURCE: PONT DATA  -  2,370 words
  • JAKARTA STOCK EXCHANGE
    • 1069 21 Reuter STOCKS revived slightly on foreign investor interest yestggiay and the index edged eff 1.55 points to 229.33 on turnover of 4.17 million shares, brokers said. "The foreign interest is from investors who are entering the market for the first time and feel it has
      Reuter  -  1,069 words
  • Page 21 Advertisements
    • 8 21 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
    • 837 21 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I. Poh How Tong of Blk 148 #04-1681, Bedok Reservoir Road. Singapore 1646, have applied for a Public House, Second Class licence in respect of premises at M/s Pin Hsiang BBQ Steamboat Buffet Restaurant, Blk 190
      837 words

  • TOKYO STOCK EXCHANGE
    • 2614 22 Reuter TOKYO STOCKS ended the day easier but off intra-day lows in thin, uninspired trade yesterday. There were no incentives. The market has already factored in a long-awaited discount rate cut, brokers said. Monday was a national holiday here. "Speculatives, blue-chips, large-capital issues everything
      Reuter  -  2,614 words
  • STOCK EXCHANGE OF HONGKONG
    • 2512 22 Reuter THE BLUE-CHIP Hang Seng Index closed up 63.50 points yesterday or 1.56 per cent at a record closing high of 4,146.54. The previous closing high of 4,093.41 was set on Oct 3. Rumours that a government anti-inflation package, to be announced today,
      Reuter  -  2,512 words

  • REGIONAL STOCK MARKETS
    • Aussie stocks end higher in slow trade
      • 871 23 SjTEADY buying orders in leading blue c{iips pushed the Australian share market sharply higher by the close of trade fterday. Brokers said the upward trend was aided by a shortage of selling scrip held by investors waiting in the sidelines for interest rate cut. "Otherwise trade featureless and slow
        871 words
      • 310 23 NEW ZEALAND investors shrugged off a fall on Wall Street overnight to take the share market 1.6 per cent higher yesterday and very close to its 1991 high. "It was surprisingly good and will probably £o higher tomorrow even though the Dow looks pretty precarious," Cavill White's Don
        310 words
      • 460 23 MANILA share prices closed mostly higher yesterday as traders took positions in profitable stocks, apparently ignoring the former first lady Imelda Marcos' return to the country on Monday after nearly six years in exile. The Manila Stock Exchange Composite Index inched up 5.25 points to close at 1,031.74. The
        460 words
      • 573 23 TAIWAN stocks closed sharply higher yesterday on a partial easing of political fears and on hopes of a domestic interest rate cut after expected cuts in the US and Japan, brokers said. The Weighted Index finished 144.59 points or 3.4 per cent higher at 4,423.43 after all sectors gained.
        573 words
      • 816 23 SEOUL stocks finished lower yesterday for the fifth consecutive trading day in' lacklustre trade despite a slight technical rebound in the afternoon, brokers said. "There was a slight technical rebound in the afternoon, which narrowed the fall but failed to support the index," a Lucky Securities broker said. "General
        816 words
      • 384 23 (low Prrriow No* 5 AUSTRALIA All Ordinaries Index 1,692.7 1,681.7 +11 All Industrials Index 2,635.8 2,618.2 +17.6 All Resources Index 972.6 966.S +6.1 Turnover (million) 7S.3 113.5 -38.2 NEW ZEALAND NZSE-40 Capital 1,551.31 1,527.04 24.28 Turnover (million) unav 12.40 IWftHH ft Composite Index 1,031.74 1,026.49 +5.25 Turnover (million) 1,560 608.7
        384 words
  • Page 23 Advertisements

  • Page 24 Advertisements
    • 235 24 THE TOTAL BUSINESS with sky atriums in the office tower. ENVIRONMENT A totally self- A spectacular 5-storey office lobby contained development of offices, atrium to dignify your office. shops and apartments Panoramic view of with entertainment, the sea and the city. recreation and hospitality AFFORDABLE ARCHITECTURALLY HhfttMlHSi heart of Singapore's
      235 words

  • WORLD STOCK MARKETS
    • Dow retreats as hopes of rate cut fade
      • Article, Illustration
        1185 25 STOCKS closed lower on Monday in light trading as investors worried that the Fed could not cut its discount rate soon with the government's quarterly refunding beginning yesterday. Easier credit would buoy economic and corporate growth, many traders believe. The Dow Jones Industrial Average fell by 10.73 points
        1,185 words
      • Article, Illustration
        671 25 BRITISH shares ended lower on Monday as investors sat on the sidelines ahead of a government budget state- ment and by-elections later this week. Traders said the session was one of the quietest in recent memory. Lingering pessimism over the sluggish pace of economic recovery and political uncertainties in
        671 words
      • 306 25 DUTCH shares drifted down with a weaker dollar and other stock exchanges but as the Amsterdam bourse closed, traders complained that bearish sentiment had not been powerful enough to unlock real sellers. "Very disappointing. The overall trend is a bit lower but business has been minimal," said Peter de
        306 words
      • 239 25 GERMAN shares ended a dull trading session mixed with a slightly lower bias, shaving just three points off the 30share DAX index on Monday. Dealers said volume was very low, with little foreign interest in the market. "People do not have much faith in the market at the moment,"
        239 words
      • 200 25 THE Paris Bourse suffered a substantial loss on Monday, primarily due to somber US economic prospects, operators said. The CAC-40 stock price index was ofT by 0.11 per cent at the opening and finished the session at 1,841.51 points, down by 0.82 per cent from the previous close. Trading
        200 words
      • 271 25 ITALIAN shares closed broadly lower on Monday in extremely thin volume in a session that lasted a little over two hours as worries about the financial health of market operators continued to force investors to the sidelines. Brokers estimated the volume at between 50 and 70 billion lire, even
        271 words
      • 153 25 PRICES on the Stockholm bourse recovered most of the morning's declines on Monday but closed slightly down from Friday in slow trade following Wall Street losses. The bourse general index fell 0.23 per cent to 1,003.71 in minimal turnover of 163 million crowns. Blue chips lost 0.13 per cent.
        153 words
      • 288 25 SWISS shares ended a lethargic session easier on Monday. Dealers said volume was low as investors stayed away from the market. Wall Street's lower opening had little effect. The all-share SPI index eased 3.1 points to 1,070.4 after moving within a tight range of three points. The SMI index
        288 words
      • 413 25 STOCKS closed mixed on Monday, showing little reaction as millions of black South Africans went on strike in what Labour unions called the biggest stoppage in the country's history, dealers said. The JSE All-Share Index eased 10 points to 3,501. The All-Gold Index fell 20 points to 1,145, but
        413 words
      • 265 25 TORONTO stocks recovered from an opening downturn to end flat on Monday after the US Treasury's sale of three- and six-month bills went as expected, dealers said. "It's kind of disappointing for a Monday. It was an extraordinarily quiet day, really," one trader said. Traders said they were watching
        265 words
      • 200 25 Nov 4 Cloac Previous NEW YORK Dow Jones 3,045.62 3,056.35 -10.73 SAP 500 390 28 391.32 -1.04 Turnover (million) 155.7 206.5 -50.8 LONDON Financial Times 30 1.935.3 1,952.7 -17.4 FTSE 100 2,527.8 2,549.5 -21.7 Turnover (million) 366.4 501.3 -134.9 FRANKFURT DAX Index 1.***** 1.573.40 -3.34 AMSTERDAM EOE Index 271.89 273.45
        200 words
  • Page 25 Advertisements

  • CURRENCY/ COMMODITIES
    • 260 26 AFP SYDNEY The board of Australia's central bank was meeting here yesterday to consider a cut in official cash rates, which analysts tipped to be of at least one percentage point. Two members of the Reserve Bank board, businessman Brian Quinn and union boss Bill
      AFP  -  260 words
    • 289 26 Reuter LONDON The dollar's recent plunge has left it almost bereft of major technical support and a further decline to around 1.60 marks by the end of the year is on the cards, chart analysts said on Monday. "Around the December to January period I
      Reuter  -  289 words
    • 231 26 REPORTS HONGKONG: Gold closed slightly easier yesterday after later overseas selling and local profit-taking offset early Japanese buying, dealers said. Bullion ended at U*****.30/80 an ounce from New York's U*****.50/357.00 close on Monday. Dealers expect gold to keep to a range of US$355 to
      231 words
    • 140 26 COMEX Nov 4 COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Nov 91 356.80 +1.20 Dec 358.10 358.30 357.40 358.10 +1.20 Jan 93 359.50 +1.20 Feb 360.60 360.80 360.00 360.70 +1.20 Apr 362.70 364.90 362.40 363.10 +1.20 Jun 364.90 365.30 364.90 365.60 +1.20 Aug 368.30 +1.20
      140 words
    • 333 26 Reuter LONDON Base metal prices are likely to remain depressed over the next six months, although most should improve in the long term, stockbroker Carr Kitcat and Aitken said. In its opening issue of Metal Markets Insight, Carr said base
      Reuter  -  333 words
    • 966 26 REPORTS Tokyo: The dollar was slightly higher against the yen yesterday in late Asian trade. Short-covering and importer buying helped the dollar rise a bit against the yen in the morning. But the US currency spent the rest of the Asian day hardly
      966 words
  • 594 26 Chicago BOT No v4 SOYBEANS 5.000 bu min; US cents/60 lb barrel Close Previous High/Low Nov 91 ***** 568.00 566.00 560.75 Jan 92 569.50 574.00 573.00 567.25 Mar 576.75 581.25 581.00 575.25 May 584.50 588.00 588.00 583.00 Jul 591.00 594.00 594.75 589.50 Aug 591.00 593.50 594.50 591.00 Sep 583.00
    594 words
  • Page 26 Advertisements
    • 470 26 B_U_S INESS TIMES TBLBPHONB: 730-5771/5772/5773 FAX: 734-4982 M THE MATTER OP THE COMPANIES ACT, CAP BO AND M THE MATTER OP JITOP MVEBTMENT PTE LTD Jn Members' VcA/twy Uqiidetton) Al an BtmuOrtrt General Meeting of themembersof JtoplnMsetmant Pis LUdJy convened wxl held el 8fc334, Kreta Pym Road KO4O, Singapore 0208
      470 words
    • 198 26 HUNT CHEMCAL ASIA/PAdRC TRADING PTE LTD 0n M»wb«i»' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thai pursuant to Section 306 of the Compart— Act Cap- SO, the Final >i ,jL ■■■I kA M66(V)g oi in# uocTpany in do held on tho 6th day of uoowrtbor 1991 at
      198 words

  • THE TRAVEL PAGE
    • 1010 27 City Flight ETA Flight ETD j Abo Dkafcj GA895 1 235 GA974 0001 GA886 0010 QF8l 2010 SQ227 2115 QF82 2115 AmtMtlaM GA895 1235 GA974 0001 KL837 1340 SQ24 2215 Atfcow OA471 0015 0A472 2240 SQ35 1650 Aocfclaod NZ21 1700 NZ22 1820 SQ388 2035 Bandar Sort
      1,010 words
    • 628 27  -  LETTER FROM THE CARIBBEAN By Mark Kurlansky Those who write about the Caribbean are endlessly pursued by three questions. Who has the best beaches, which island is your favourite and why do you write about the Caribbean? The best advice is not to judge the islands
      628 words
    • 151 27 As at 3pm: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3081 1.3233 Canadian dollar I.48S0 1.5124 NZ dollar 0.9354 0.9685 Sterling pound 2.9615 2.9957 US dollar 1.6780 1.6820 Local dollars to 100 units of foreign currency Austrian schilling 14.20 14.50 Belgian
      151 words
    • 50 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Rr *iT tCnaC ********** Nov 5-8 Internafonal Netherlands KoninkJijke ********** 'Z*. Trade Fair for Ncdcriandse "a«o. Chile Santiago Waste Processing Jaarbeurs Nov 4-« International Sarajevo. Dp Centre ********** Recycling A Plastics Yugoslavia "Skenderija" Environmental Rubber Fair Technology
      50 words
  • Page 27 Advertisements
    • 17 27 Get the out of Europe every Sunday and Thursday. With Finnair's new schedule. Call *****77 for details.
      17 words
    • 39 27 PRETTY s|Bky|o(R^^H|Mi^HH^^HHr^||r|3#j^j^ &^Hk!iltti&J2!i, pHt' s^^nHdn^^^KS^HP^ ~v? These three students want to become Singapore's pop idols. Their formula: Pretty-boy looks, catchy music and nifty dance routines. Check out the Game Boys today. NEW, NEWS/ NEWSY From lunch-time. Monday to Saturday.
      39 words
  • Page 27 Miscellaneous
    • 273 27 5 Used be a woman of 8 argument which 10 Show humility when iT"^LhI downstairs (5) 1 I I I I I I Disturbance always created by a swindler (9) 13 A 50% chance of good ser- j lB I 17 English copper coin once 19 Character part in "The
      273 words
    • 196 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 31.8 Assoc humidity 66% Minimum temperature 23.3 Assoc humidity 94% Hours of sunshine 5.65 Rainfall in mm Trace Rainfall this month 0.2 Rainy days this month I World report Asia-Pacific Hi/Ix>* Cond. Auckland 39/25
      196 words
    • 9 27 (DON T disturb* H1M...) (we's IN A stuck... —y~
      9 words

  • 442 28 Reuter TOKYO Kiichi Miyazawa became Japan's 15th postwar Prime Minister yesterday and immediately came under fire for appointing scandaltainted politicians to his cabinet. Mr Miyazawa selected as Toshiki Kaifu's successor last month by the Liberal Democratic Party's backroom barons, easily won parliamentary endorsement
    Reuter  -  442 words
  • 328 28 AFP TOKYO Japan's new Finance Minister Tsutomu Hata has vowed to maintain curbs on banks lending to real estate companies while hinting that he preferred a cautious approach to monetary policy. "We should analyse the effect of the restrictions because prices
    AFP  -  328 words
  • 409 28 AFP SEOUL South Korean banks, securities firms and insurance companies are discriminated against in major overseas markets such as the United States, Japan and Europe, said a finance ministry report released yesterday. The 180-page report is an attempt, in the words of a
    AFP  -  409 words
  • 357 28 Reuter WASHINGTON A Bill that would give the US president and Congress more power to impose sanctions on countries that restrict US Trade was introduced on Monday by Richard Gephardt, the Democratic leader of the House of Representatives. "Our Bill not only
    Reuter  -  357 words
  • Article, Illustration
    45 28 SIMI VALLEY, California Former US president Ronald Reagan (second from left) is joined by President Geo**e Bush (left), and former presidents (left to right) Jimitiy Carter, Gerald Ford, and Richard Nixon at the opening ceremony on Monday of the Ronald Reagan Presidential Library.
    45 words
  • 464 28 AP BEIJING The top leaders of China and Vietnam announced yesterday that relations have been normalised after 13 years of hostility, ending one of the last rifts in the shrunken Communist world. The state-run Xinhua News Agency issued the announcement as Chinese Communist Party General
    AP  -  464 words
  • 228 28 Reuter BRUSSELS The European Community will push the United States to drop its system of unilateral trade sanctions in return for making concessions on agriculture in Gatt world trade negotiations, diplomats said on Monday. The community has consistently opposed US trade legislation that
    Reuter  -  228 words
  • 301 28 Reuter HONGKONG Hongkong's Executive Council has approved a compromise reform package for the stock exchange agreed with the Securities and Futures Commission (SFC), the exchange and SFC said in a joint statement yesterday. The two bodies agreed on the compromise on Friday after months
    Reuter  -  301 words
  • Page 28 Advertisements
    • 10 28 a F=? Iltf l\iv tiiu'ss Of Leather Handmade To Perfection
      10 words
    • 61 28 The Richness Of Leather Handmade To Perfection WtCAKMi IKHMa»W«I«hHu<W •«MMI.Vi»H nWH'li i«ipuii< M riOMMWKMbfbiiTf* 'fTITI" 'WTilil T W 71>IJM'WI««jMnM IMIMI 'Ouna Innml I UlKnHkwW SUVMHO fcvnwwl 2 lSoutf> Wmg M MMI MALAVUA Iff lUA(iAK* Lol IO(«M. Iwb M Itat Own flva Ml Ltfivv M 0» J4W1414 MATIMM tt«WAICMGAUM*. *»«»>• Quw™lj™|t,f
      61 words

  • Shipping Times
    • 372 29  -  By Dexter Lee SINGAPORE Singapore \irlines has linked up its cargo computer system with that jf KLM Royal Dutch Airlines to offer a better service to customers in both the Republic and the Netherlands. The electronic link-up between SlA's FORSC system in Singapore
      372 words
    • 195 29 Reuter MELBOURNE ANL Ltd, the shipping line owned by the Australian government, said net profit fell to A 59.18 million (about Ssl2 million) in the year to June 30 from AS 12.07 million a year earlier. ANL, which is on the government's privatisation list,
      Reuter  -  195 words
    • 342 29 AP TOKYO Japan's voracious appetite for seafood is making waves once again as the world moves closer to a ban on fishing with drift nets. Officials of the Japanese fishing industry claim the environmental effects of the nets are exaggerated by "emotional"
      AP  -  342 words
    • 1241 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 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
      1,241 words
    • 398 29  -  By Selva Kumar SINGAPORE Local freight forwarding company Trans-Link Express is having some top management changes in a renewal process over the next one year. Mr John Geoffrey Eyer will replace Mr Ole Dyrhauge as Trans-Link's managing director on Jan 1, 1993, and on
      398 words
    • 196 29 Reuter SYDNEY Lauda Air Luftfahrt AG, the independent Austrian airline, will declare a loss of between US$2.5 million (554.2 million) and US$3 million in the year ending October 1991, airline founder and chief Niki Lauda said. Speaking to reporters at the launch of
      Reuter  -  196 words
    • NEWS SUMMARY
      • 26 29 A CANADIAN government review of transportation deregulation says the 1987 law hasn't had an impact on ocean conferences Page 2
        26 words
      • 33 29 AN Australian based company has been granted a mandate to develop a multi-million dollar spaceport in Australia's remote north, a government spokesman said on Monday. Back Page
        33 words
      • 46 29 A FAULTY automatic steering device drove the Exxon Valdez supertanker onto an Alaskan reef two years ago and brought about the largest oil spill in US history, Exxon Corp said in a lawsuit made public last Wednesday Back Page
        46 words
      • 46 29 THIRD quarter profit at Deutsche Lufthansa was similar to second quarter profit of 145 million marks (about SSI42 million) and a good fourth quarter would mean break-even results for 1991, Lufthansa officials told the WW/ Street Journal Europe. Back Page
        46 words
      • 34 29 AN elderly Japanese yachtsman sailing solo from the Solomon Islands to Australia was towed to Cairns, a northern Queensland port city, after radioing for help, an official said Back Page
        34 words
    • 502 30 A Canadian government review of transportation deregulation says the 198/ law hasn't had an impact on ocean conferences American Shipper WHILE many large US shippers are clamouring for the right to negotiate service contracts with ocean carriers, Canadian shippers who have that freedom have
      American Shipper; Source: NTA 1989 & 1990 Shippers Survey  -  502 words
    • 866 30 SOVIET charterers on Monday rcportcdly fixed a prompt 55.000 long ton heavy grain cargo from the US Gulf to the Black Sea at US$24, brokers said. Soviet enquiry and the increased movement of wheat and barley to the Middle East underpinned an otherwise quiet market. they said. The
      866 words
    • 217 30 REDUCED activity bccausc of public holidays around the world and the absence of any news on new credits for the Soviet Union to buy grains saw freight rates stagnate over the past week. With the US administration focussing on the Middle East peace conference in Madrid, traders saw
      217 words
    • 7974 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      7,974 words
    • SHIPS IN PORT
      • 600 45 fnml Oty Wo Bgh fcifcn) Doparturt Vnui Voy Wo Birth Arrival Departure Marina Terminal 1 Thalia E103 S03 alongside 0511/1700 Hong Hock ***** M03 0511/2300 Entabna *****1 S07 04 12/0300 06 11/0400 S«anna SU023 M02 alongside 0511/1230 Pembroke 348 S01 06 11/0830 0811/2300 BitamMaiu *****1 M03 06
        600 words
      • 240 45 4^ lilwre Port BWc 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. OGJ: Aikef Chemist, Petro Margo. Otoe on Nov 1: Magic Lady, St Antonio, Nur Marina, Coral Gas. Erminia.
        240 words
      • 837 45 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO v Record Bookinf/Batance Rstts Shy Voy No Etb/Btr Period From To From i AOt Dacy 20B 08/1600 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 K Kfyte 57A 06/1500 1 05/1500 05/1659 05/1900 Al Mariyaii 56
        837 words
    • 289 46 North Australian site will be used to lift communications satellites Reuter CANBERRA An Australian based company has been granted a mandate to develop a multi-million dollar spaceport in Australia's remote north, a government spokesman said on Monday. Industry Minister John Button said in a
      Reuter  -  289 words
    • 217 46 Reuter FRANKFURT Third quarter profit at Deutsche Lufthansa was similar to second quarter profit of 145 million marks (about Ssl42 million) and a good fourth quarter would mean break-even results for 1991, Lufthansa officials told the Wall Street Journal Europe. Unnamed officials were quoted
      Reuter  -  217 words
    • 277 46 NYT NEW YORK Every time a car is refuelled, the air in the petrol tank, heavy with fumes, has to go somewhere. If the fumes go into the atmosphere, they add to smog. One solution requires changes in the car; the other, changes
      NYT  -  277 words
    • 162 46 AFP CAIRNS An elderly Japanese yachtsman sailing solo from the Solomon Islands to Australia was towed to this northern Queensland port city after radioing for help, an official said. Katsuya Sakai, 72, called for help on Sunday northwest of Cairns after navigation equipment failed on his
      AFP  -  162 words
    • 283 46 Reuter DALLAS A faulty automatic steering device drove the Exxon Valdez supertanker onto an Alaskan reef two years ago and brought about the largest oil spill in US history, Exxon Corp said in a lawsuit made public last Wednesday. The suit, filed in
      Reuter  -  283 words
  • Page 29 Advertisements
    • 28 29 Llm« and MrvtcM rtprMMtod ky Mirtin of Km Registry «f AccwiM [flrAVf jlilpplug Singapore National Ship* )i ping Atsodation. 1 lor advertising enquiries, contact Shipping limes lei 74t)-2im/74()-2im
      28 words
    • 110 29 li s TEL: 861 471 1 FAX: 862 4711 t r I r 1 hc IS STILL HERE 1 MOL's New Alligator Service to North America is bigger and better than ever. More sailings, even more cargo space contact your local MOL agent and find out why to North America,
      110 words
    • 31 29 Container Schedt* 17 Daly fraghts 2 Inda to Advertisers 1 Shww* Gudt 10,11 Shps «i Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Comfctans 17 KeeUy Fretft 2
      31 words

  • Page 30 Advertisements
    • 191 30 There Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. idlya^iFß' if" niTOMti' w——^ Stk ia I Y lours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We track international deliveries electronically and speed them across
      191 words

  • Page 31 Advertisements
    • 2454 31 OOCL (S) PrE LTD JARDiHS SHIPPING AGENCIES till#* TEL: *****11 FAX: *****09 AllVfr BOOKINGS TEL: *****34 *****58 WMtfTWWB JR TERMINAUCFS TEL: *****18-220 FDQOOO'I PESAKA JARD4NE SHIPPING AGENCIES SON. BHD PORT KELANG TEL: *****18 FAX: *****91/*****88 PENANG TEL: *****4 FAX; *****1 CFS TEL: *****6 Dedicated to Quality Service *poh tel fax
      2,454 words
    • 1793 31 TRANSPORT DIARY No* 7-8: Seminar on the Shipper's and Carrier's Approach to Marine Insurance and Claims, organised by Facs World at Amara Hotel. I No* 8 (9am to 2pm): Inmarsat Mobile Satellite Communications Seminar, jointly organised by Singapore Telecom, Singapore Polytechnic and Inmarsat at the Singapore Polytechnic Auditorium. For registration,
      1,793 words
    • 1530 31 ■□Emzaanza WEEKLY SAILINGS TO MIDDLE EAST OCEAN BLESSING VOY. 105W ETA SIN 7/11/91 Vmtl Voy ETA ETD Feeder by DESTINATIONS Merkur Dana to tim wNk Marti Maari* 9110 CV 12/11 0800 MRS Port CFS 11/11 2359 HRS Kelang Parang OAK |IGB HOU MEM ATL MIA CMS BAL PMI NYC MON
      1,530 words

  • Page 32 Advertisements
    • 1035 32 ROTTEDAM/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 21/144 7/11 30/11 26/11 25/11 MM! HANNOVER EXPRESS 05/344 10/11 27/11 29/11 2/12 3/12 BJMH' HONGKONG EXPRESS 04/145 14/11 8/12 4/12 3/12 KAQA 21/345 17/11 4/12 6/12 9/12 10/12 J. Ml MMMNP KURAMA 13/146 21/11 15/12 11/12 10/12
      1,035 words
    • 735 32 SE ASPAC SERVICE MtfCT SOUTH PACriC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 25/11 11/12 14/12 20/12 ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. ATM ft NUKUALOAFA IMRfCT CHiE/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX IMPERIAL 2901E8 25/11 3/1 5/1 10/1 11/1 ALSO ACCEPTING CARGO TO
      735 words
    • 1520 32 —o y mxmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WE§TB6und for EUROPE WW SW ALG BCL HAM BRE ROT ANT FQ LHA («M (VM (VM ALG) HAM) ROT) 2™r,|. 13 0 S :L IV" 02/12 05/12 07/12 06/12 08/12 07/12 08/12 07/12 M/I2 12/12 14/12 13/12 15/12 14/12 15/12 14/12 16/12
      1,520 words

  • Page 33 Advertisements
    • 1917 33 §gSteamers Maritime Holdings Ltd P&O I ana STRAITS SHIPPING Containers 1 #M I'm N| Sa M M Hbff urn MAER9K 9112 02/11 M/U 03/11 #7/11 21/11 24/11 25/11 27/11 ACCEPTS OIK SAR.S OMWIBAT 0572 00/11 03/11 89/11 20/11 2«/ll 30/11 CARGO LOAMAERSR *114 os/11 10/11 10/11 13/11 21/11 01/12 02/12
      1,917 words
    • 2106 33 TO: U.8.A./PANAMA FM: U.8.A./PANAMA ggflg m« ia a fm m w hyc wsstt vor iitc mi m a ia on jr CHOVANG PMM EF 144 10/11 4/12 5/1? 14/12 11/12 10/12 21/12 22/12 091 OAKUM) WAII7 10/» 20/0 22/0 27/* 0/10 7/1* 5/11 CHOVANG VICTORY EFI4S 10/11 10/12 11/12 20/12
      2,106 words
    • 376 33 gMfi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS vcsa. wot I v Tni riiuc [a COSMC LE«od 5 "55 "57T 1 1 KOU SHUN 1(M PT 7/11 KUCM U 7/11 1/11 UM M KOU tt 1/11 OIUNGt OCCM IK 9/11 SUMY VEHIUK 1 11/11 COMC CH4UHKEI 17
      376 words

  • Page 34 Advertisements
    • 522 34 CR NBR 11«27«*****-0 EXPtttt ffl CMTMHMi SHVI6I Tl EBR9PE m/wr Irrai umb/mmb h-nk man mote* enmya/UW 1/12 c/i 12/1 IC/I 21/1 FAST TRANSIT TIME ACCOTBM BREAK BULK/CONTAMERISEO CAROO id MuoMMii Also accepting ciifo to CtMbltiiea, M SaM, Part Al»iiSrt>. Omm, TrtMta. ALB) MCCPTM6 lOm CONTAINERS, CONVENTIONAL CAROO VIA T/5 JO
      522 words
    • 1225 34 HANJIN SHIPPING LJ.IIL-IIJIJIJIX-I.HH!PHSW*TBISI4IJ.H4JIHIUMjJ:I-ISW!Br FOR VS. rsn UK HAUL l« OAK R* VS. EN l*E HAUL SAV LM RYC HANJM RAONBUN6 MCE U/U OBECT 2/12 5/12 NAMR OEJU 075E U/U B. PROPITIOUS 92* 19/12 29/12 22/12 HMUN HANMK 08K 18/ IN OBECT 9/12 12/12 K KBAN6 TIM 082E 18/U R SRBHBN
      1,225 words
    • 55 34 REGULAR WEEKLY SERVICE TO; DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CAROO VESSEL TUGS A BARGES SPECIALISE IN HEAVY-UFT, PROJECT CAROOES TO ALL INDONESIA, MALAYSIA, THAILAND. ffIUTNE PORTS. OmRCHARTERMO CV OUR CAROO VESSEL TUQSRBAROES. TEL: *****26 FAX: *****69 INDONESIA: FT PEL
      55 words
    • 1126 34 I nvmniUMinMiiiintuioiH ore iw mi mm nr m ib cm m I C GWirr KM 5/11 hPI 11/11 12/11 14/11 17/11 11/11 9/11 21/11 22/11 M/U VU 17/12 tt/12 M/U WU WU 1/1 2/1 VI M/t M/l a/1 t tton k«i u/u 14/u li/ii a/u 22/11 a/11 a/11 a/11 a/11
      1,126 words

  • Page 35 Advertisements
    • 1984 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 IML UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 B AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA ICL.-(03) *****33, P. Kelang-<O3)
      1,984 words
    • 979 35 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 EASTBOtfO—OtSCHMONG WBTBOUH)-L(MMH6 HWBIWU) W> HOTIBBOI WW |MU [WW WW |«H Iwn lit lon* In. |»m |«w
      979 words

  • Page 36 Advertisements
    • 1416 36 ICR No: **********6W W AS AGENTS: KAWASAKI SIMOAFOfW (PTC) LTO LRIMJ Ija > TEL: *****77 TELEX: KAWAKI R*****6 FAX: *****07/8/9 M> MZJ MALAYSIA: **K" UNi MAOTMB (MALAYSIA) SOU SMD TEL- SA *****00 PK *****01/5 PENANQ *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD inoonesia: p.t. sarana laut intcrmusa. Tel: jkt 5707it6.
      1,416 words
    • 1056 36 PHIII-ORI€NT UNCS PT€ LTD 1 106 Robinson Road #07-00 GMO Bußding Singapore 01 Of T«l: *****22/*****69/*****00 Talm: R8 ***** PHIU FAX: 225M7V****** BY AIR, LAND OR SE4.. M w WE TAKE ON THE WORLD FOR YOU jg*. (Wg MEMBER OF BINQAPORE FREIGHT FORWARDERS ASSOCIATION 14 NOV DUBAI, DAMMAN. SHARJAH, DOHA.
      1,056 words

  • Page 37 Advertisements
    • 1247 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SRSS iw mt MV PIL Building, 140 Cecil Street #0300, Singapore 0106. JAKARTA 1 [BANGKOK VESSEL VOV SIN JKT SIN VESSEL VOV SIN IKK SIN BUNGA TERATAI 453 10/11 12/11 17/11 KOTA URIA ,11 J'" EDEN 491 12/11 14/11 It/11 JENUNK 74N S/11 11/11 19/11
      1,247 words
    • 1095 37 y BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Komgan' 398 7/n 23/11 24/11 25/11 27/11 Nihon f 396 7/11 28/11
      1,095 words
    • 436 37 ymm MYANMA pt FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KI| Pen P.Gdf MERGUI VIIOW 10/13 Nov HPA-AN VI69W 11/20 Nov PWYA VIIIW 23/25 No* PAGAN VI76W 26/20 Nov HPA-AN Vl7o* 30/2 Ooc Tg» THE BANK lINE (A MTV<c«o( Andrew W«k Shipping) VT SEMI-CONTAINER SERVICE
      436 words


  • Page 39 Advertisements
    • 623 39 r ScanDutchgm TO EUROPE (WORTH CONTINENT-UK-SCANDINAVIAI WEEKLY fCKBWn. PJCLAWO WHAHO OCIAM Vtfgl. UN U MA»M(1) WOAMO) OUAMPTOmi) WUWO<«) Q-»UWO IS) $Z£/2 *wi? £/!2 2 V,\°. 23/11 M/ll M/U 27/11 fNM/W- 1/11 3/11 31/19 2/11 Mm/3N 7/11 29/11 39/U J. w*i»/w Okam 1/11 J/11 31/10 2/11 N. Mft/401 11/11 21/11 29/11
      623 words
    • 643 39 NedNoyd NEDLLOYD EUROPE V Nedlloyd Lines SERVICE OFFERS YOU 21 DA YS TO RREMERHA VEM 1 NEW ZEALAND/FIJI 1 fSLtor/QUK- r c/ 1 S ?f»f r NJDrm«rth(A) Tanaru Lyttrtton(B) Dum*(B) Napier INCnftM(C) Tw««* N Rochester/9127S 2/11 5/11 4/11 4/11 In Pt 9/11 22/11 4/12 24/11 25/11 26 11 26/11 28/11
      643 words

  • Page 40 Advertisements
    • 694 40 TO AUSTRALIA/NEW ZEALAND ["55 [sii iFrtm IIM I Sytf jftuck INK If CHALM MMTHA Ini 14/11 22/11 27/11 2/12 »/12 S/12 11/12 ELLEN HUMG 112 1/12 S/12 14/12 U/12 24/12 27/12 MUSXI 213 U/12 24/12 2/1 »/l 14/1 17/1 C WROIIE 2M J/1 12/1 17/1 21/1 21/1 1571 TO USA/CANADA
      694 words
    • 882 40 EXPORTS TO HONGKONG. TAINAN. MANILA lAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUNQ VQY PKL PEN IKT SM MNI HKG KAQ «E TYO SMZ NGO KOB VESSEL VOY |SM |PKL FEN BIN SIN ACX DAISY 208 *311 *1.11 511 811 1211 1411 19.11 *****111 ACX RUBY 29A 1011 11.11 1311 12.11
      882 words
    • 72 40 Conventional/ ICt/FCI Service To HMH. NORTH/SOUTH MCMCI PdCHC WO KM* OCUN VESSELS AVAILABLE FOR SALE/CHARTER/TRANSHIPWfeNT V T HO CM MMH/NHATMAMG/OUINHON/HMPHONG 12/11/91 "»ACM DANG" VUNQTAU/PHNOM PENH/CAMTHO/AN QtAMO 7/11/»1 -A VESSEL' M ADAAS/C AL C UTTA/CMTTAGONQ/RANGOON 17/11/»1 "A VESSEL- COLOMfIO/DUSAI/DAMMAN/KUWAIT t/11/91 -A VSL" JEDOAM/HOOEIOAH/AQABA S/11/S1 -O. SERAVA- -SM BAT AM WEEKLY SERVICES
      72 words
    • 1635 40 f XL *1 CHINA OCCAM SHIPPING COMPANY FULL CONTAINER LINRR SERVICE mum AGENTS SINGAPORE'S GENERAL AGENTS nxhesas AGENTS CMUNG COSTAR SHIPPING PTE LTD PT. GLOBAL PUTRA p KD* TEL: *****00/*****33 INDONESIA MARITIME PbSuSe "rn iMMI TLI IW ***** TELEX: RS *****/1 COSrtP *T TEL: (021)*****7. MI7S4 WIW fax: *****66/7 f«=
      1,635 words

  • Page 41 Advertisements
    • 467 41 To: ALL VALUED CUSTOMERS: WEEKLY CONSOLIDATION TO Far East, Europe Mediterranean Offering Veiy Competitive Rates Call Us Now! For Your Next Consignment FAST DRECT REGULAR SERVICE TO MDONESM PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA HD LOADING FOR DELI MDAH 8.11.91 10.11.91 PK. BALAM LAMPUNG IAYA 10.11.91 12.1191 PANJANG/PALEMBANG PWANG lAYA 12.11.91
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    • 466 41 (W TEL: *****)3 (12 UnM) m FAX: *****19/*****03 100 l TELEX: RS ***** RIBHIP (3 UnM) EDNOPUN SWmNfi UNES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANCMNET 2SWB 16/12 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAAA ABYOT 27W8 15/01 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MA3SAWA
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    • 835 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD n» eta n* STCK rati K£LME PENANG ■UK MH 22/11 loading tor Mate RUVMHUDHU 30/11 loading tor Calcutta ooinm 9/u loading For Matf PKMEEI SUPREME SaM loading For Male OONMOIM 21/11 loaded For Fctoaru r«OGKSs LHirr 20/11 loading tor MaUi«« HOMER ELEGANT
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    • 449 41 JAKARTA BANGKOK w 1 r it IJmmp. [wr mmmom i WW IUS »/n 12/11 HAM BHUM* OSN Thw 7/11 Su* 10/11 m i*? NANTA BHUM OSN DM 7/11 Sim 10/11 I KITI BHUM OSS 13/11 It/11 AKA BHUM It/11 10/11 m__N- L _JimJ EAGLE WWD 141 17/11 22/11 MMM BMM#
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    • 325 41 TMfMN r V«L VOY IWQAMnt MADRAS BMOAPOWy VESSEL VOY SM MM SM TWER STAR 17SN 04-04/11 15-17/11 23-24/11 TWER MY 174N 10-14/11 24-2C/11 02-43/12 TWER SHARK 03N 14-20/11 24-24/11 44-45/11 ft ft VE VOY SMQAPORE/CALCUTTA/SMGAPORE VESSEL VOY SM CAL LNOTSE 411 04-10/11 17-21/11 27-24/11**". TWER RIVER 139CN8 14-17/11 23-27/11 43-04/12**'
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  • Page 42 Advertisements
    • 1077 42 S'PORE SSK3S? 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 5/11 7/11 Colombo 6/11 7/11 8/11 5/11 6/11 7/11 Lda/Fh/Rdm/Ant Durban/Pt Louis 6/11 7/11 8/11 20/11 11/11 12/11 Gothenburg/Stockhofcn/Osio J2/11 13/11 14/11 Piraeus/Genoa/Trieste i
      1,077 words
    • 324 42 itafc blue stab line TO FROM fl/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM Ml MU ITT SM WOVCCT 155 9/11 19/11 VIA NPI 21/11 t/12 MANDAMA 050« 19/11 30/11 W. MPI 2/12 29/12 PRCMO ISS 29/11 9/11 VU NPI 11/11 29/11 FULLY CONTAINERISED
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    • 1105 42 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****18 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTION AL/COMTAIHEM I COMTAIMBI «MWWSMI SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA ttSSEL WT ETA BEST ftSSEL HI SPUE
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  • Page 43 Advertisements
    • 792 43 vs3?^^to3pani^EßSAHA^^ DE VAPORE3 "PERUVIAN STATE LINE" KCEPIBK NEIHULK/FCI/SOC CARGOES TO/FROM CULM, MATARANL 10* ft OTHER PERUVIAN PORTS* MIH T/S AT KOBE ON CPV THROUGH HLL OF LAUNG. M r*ftLla rWNp r. RM| «PP"* tm MWPT PTJ/07 Nn 10/11 Nw JOHOOETT 13/14 Na* 15/11 Nn bwuevbett n/cz dk "EVERETT ORIENT LINE"
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    • 457 43 [CZ3Z I M l^sF| N.AMERICA/CARRIBEAN SERVICES «sa B|m Mmjo Ilai ksr to tec tn M OSAKA HI U/ll MITAUA 17/12 14/12 M/ 12 1/1 3/1 m TWSTE 1321 22/U M KOKA 24/12 4/1 4/1 14/1 12/1 M NAM 7K 1/12 M KOKA M/ 12 4/1 1/1 14/1 12/1 Accvti* car
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    • 521 43 I MIDDLE-EAST/PERSIAN GULF ACCEFTINO FCL/LCL DUBAI DAMMAN SHARJAH DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS. JCODAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG JAKARTA. BANGKOK HONG KONG. TAIWAN. JAPAN MANIA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TIBWIY. ABERDEEN LE HARVE. HAMBURG. ROnEROAM. ANTWEP GOTHENBURG. COPENHAGEN t ALL OTHER EUROPEAN PORTS
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    • 461 43 (IS PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBV DASA LIMA 935 06/11 09/11 PELOPOR 1013 09/11 12/11 DERAJAT 962 12/11 15/11 DASA LAMA 936 13/11 16/11 BONTANG PACIFIC 098 07/11 10/11 TANTO UTAMA 205 10/11 13/11 BONTANG PACIFIC 108 14/11 17/11
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    • 389 43 jJlilll; m HUB U/U KEELUNG/KAOHSIUNG 9/11 BANGKOK 10/11 MANILA/CEBU 12/11 JAKARTA/BELAWAN/SURABAYA 10/11 PORT KELANG/PENANG/E. Malaysia 10/11 BUSAN 12/11 TOKYO/YOKO/KOBE/NGO/OSA 12/11 HONG KONG SIN Cllllfl 12/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LOL cargo SM mmm 13/11 LDN/FLX/LVP/SOU 13/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumaraa/Poland/Bulgaria/Czech. *91 HMH 13/11 LOS
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  • Page 44 Advertisements
    • 893 44 'SiT FIL CONTAINER SERVICES PTE LTD E ft MADRAS CALCUTTA BANGKOK VI HN7MAOWAS VII BIM/CALCUTTA VSL BIN/BANOKOK SM MAA jm JH CAL SM SM BKK NOT AHINU 03-03/11 00-11/11 17-11/11 NOT AVAA.ABU 03-03/10 10-14/11 20-21/11 NIX 7 MAI ABU 5 No. 9 Ho, 05-05/11 15-17/11 23-24/11 00-00/11 14-10/11 25-20/11 I
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    • 508 44 Eonternil CONTERM FREIGHT (F.E) PTE LTD. QUARANTEED WEEKLY CONSOLIDATION AUCKLAND FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO:POUT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 10/11 17/11 JAKARTA CONTERM EDEN 13/11 20/11 PENANG CONTERM SEROJA 11/11 11/11 PORT KELANG CONTERM N. BHUM 10/11 17/11 AUCKLAND CONTERM MAHSURI 10/10 19/11 FREMANTLE
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    • 523 44 J" LCL/FCL SERVICE I IH HI I■ I II I /JB \CU/f 36,000 tractors »uck6. I I MfCUH over €0,000 point* in U.SA vywn X. General Agents: TBAAKrr/A/Ar^ APENANG KL: allieo-LINK SINGAPORE: /gg\ Sgk 0+*****2 09-*****55 778 5522(22 lines* Marina Otifl :Susan Ng/Phlllp Km »r*na Ch«ng/Eath*r Yap rra KIM SHIPPING
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    • 450 44 MANILA ETA > VIGOUR PACIFIC 49N8 9/U VIGOUR SINGAPORE 13NB 16/11 BANGKOK 7/11 9/11 BUSAN 11/11 18/11 t HONGKONG 8/11 15/11 DURBAN/PT LOUIS 8/11 20/11 KEELUNG 11/11 18/11 USA 11/11 18/11 PT. KELANG 8/11 10/11 KOBE 5/11 12/11 PIRAEUS 8/11 20/11 OSAKA 7/11 16/11 lAKARTA 8/11 10/11 SURABAYA 7/11 10/11
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  • Page 45 Advertisements
    • 15 45 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
      15 words
    • 222 45 vQc Oc vQc vQc Oc OcvQc V VAN OMMEREN CETECO GROUP V U TRANSPORT DIVISION U Q VAN OMMEREN AIR (S) PTE LTD A WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, VAN OMMEREN AIR IS READY FOR TAKE-OFF. H WE HAVE VAN OMMEREN MR OFFICES AT THE MAJOR ABPORTS M EUROPE AND
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  • Page 45 Miscellaneous
    • 293 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 MOO 0500 0600 0700 0100 ******************************00 **********00 2000 2100 2200 2300 JR 2 7 23 18 13 10 08 09 13 19 26 30 30 28 24 17 11 06 04 03 05 09 16 23 26
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  • Page 46 Advertisements
    • 822 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST ww mp r« m Lit hau. wr kao ibh oak sea im haul wt km tcm/sea rn wan hn m mm a/M a/11 31/10 lalanma ue o/n 25/11 a/11 30/11 goioen
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    • 178 46 jggj PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmhl Voy oto eta eta Sin Surabaya Jakarta Nusantara Pacific 1B 06/11 10/11 Bontang 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 ft FCL to
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    • 517 46 CHARTPOINT Every Saturday in Business Times 9*6%^ SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 JEDDAH/UK/CONTIsENT 4 |||^H ISTOK IEO S'TON HUM ADAM LEH Aha Accpti* Carp fm: USE* 21/144 7/11 17/11
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