The Business Times, 7 November 1991
1991-11-07
1
52
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The Business Times
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Title Section14 1991-11-07 1 BusinessTimes THE BUSINESS PAPER FOR S-E-ASIA MCI (P) 16/12/90 Thursday, November 7, 1991 75*14 words
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NEWS SUMMARY
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77 1991-11-07 1 PARIS Top finance officials of the Group of Seven (G7) leading industrial countries were holding talks here yesterday on ways to help the Soviet Union head off a debt repayment crisis, G7 sources said. A top Soviet official said in77 words
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75 1991-11-07 1 BAGHDAD Iraqi President Saddam Hussein has made sacked prime minister Saadoun Hammadi an adviser, an appointment marking the return to the ruling ranks of an advocate of a more open democracy in Iraq. Babil, a newspaper owned by Saddam's oldest son Udai, reported that75 words
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Article28 1991-11-07 1 MALAYSIA'S ruling United Malays National Organisation (Umno) is holding a four-day party congress starting today to chart new strategies for the party P»ge 228 words
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Article32 1991-11-07 1 MOST US disk drive makers, though facing a cyclical downturn in the industry, will continue to use the Republic as a base for their manufacturing operations Page 332 words
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Article39 1991-11-07 1 FOREIGN business groups have urged the Philippine government to change its import levy system which, they claim, results in a cut in imports, increased smuggling and decreased customs revenues in the long run Page 739 words
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Article27 1991-11-07 1 US-BASED Resort Condominium International (RCI), which has set up a regional office in Singapore, is seeking to revitalise time-sharing vacation programmes in Singapore Page 1527 words
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Article39 1991-11-07 1 HAVING completed the installation of a floating storage and offloading system in Vietnam, listed Sembawang Maritime Ltd (SML) is now confident of getting a second similar offshore contracting project in the near future. Shipping Times Page 139 words
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MARKETS SUMMARY
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Article31 1991-11-07 1 PRICES on Wall Street opened slightly higher yesterday, with the Dow Jones index of 30 leading industrials up 2.23 points to 3.033.54 in the first five minutes of trading.31 words
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Article35 1991-11-07 1 LONDON shares were lower at midday yesterday, with dealers citing a decline on Wall Street on Tuesday. At noon, the FTSE 100-Share Index was down 13.4 points, or 0.5 per cent, at 2,527.5.35 words
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Article24 1991-11-07 1 ACMA is buying electronic subcontractor DynaMech Electronics and Dynamar Holdings, a distributor of electronic components, for $23.2 million Page 424 words
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Article48 1991-11-07 1 A FORMER chief executive of Malaysia's state-owned BBMB Securities Sdn Bhd was fined MS 12,000 (5573.450) yesterday after he pleaded guilty to three amended charges of illegal trading in connection with a share scandal that led to losses of about Ms 72 million Page 448 words
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Article40 1991-11-07 1 MEDIA GIANT Singapore Press Holdings, due to announce its results tomorrow, is expected to report a 20 per cent increase in net earnings for the financial year ended Aug 31, ovei* FY9o's $133.5 million Page 440 words
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495 1991-11-07 1 Sangeeta Mulchand - Plan too for resort island to remain open round the clock By Sangeeta Mulchand SINGAPORE Sentosa will get two more beach hotels and will be operated around the clock, says Sentosa Development Corporation (SDC) general manager Tang Siu Shing. He told495 words
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Article, Illustration432 1991-11-07 1 The Death of Robert Maxwell Agencies SANTA CRUZ DE TENERIFE, Spain British media magnate Robert Maxwell whose naked body was found floating off the Canary Islands after he disappeared from his yacht on Tuesday suffered a heart attack, said the chief prosecutor of the CanaryAgencies - 432 words
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Article289 1991-11-07 1 Reuter SYDNEY British publisher Robert Maxwell, who died at sea on Tuesday, laundered millions of dollars from secret arms sales to Iran despite an international arms embargo against Teheran, a former Israeli intelligence officer said yesterday. The arms sales, from Eastern Bloc countries between 1984Reuter - 289 words
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327 1991-11-07 1 Catherine Ong - From Catherine Ong in HONGKONG THE Asia-Pacific Economic Cooperation (Apec) forum looks set to drift for another year without a consensus on its role and the method and means of carrying out its programmes. Economic and foreign ministers of327 words
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395 1991-11-07 1 SINGAPORE A company belonging to Indonesia's Rajawali group, which is linked to one of President Suharto's sons, has taken control of the financially-troubled cigarette maker PT Bentoel. A meeting of Bentoel shareholders in Malang, East Java, on Tuesday agreed to allow PT Rajawali395 words
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193 1991-11-07 1 Reuter WASHINGTON The US Federal Reserve Board said it was cutting its trend-setting discount rate immediately to 4.5 per cent from S per cent to try to stimulate a flagging economy. It brings the influential rate to its lowest since the period fromReuter - 193 words
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Page 1 Advertisements
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Advertisement247 1991-11-07 1 Cassette Receiver C Series Fufrrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. 235 1333 Kuala Lumper: Phone 757 0233 nan* Phone 615 985/619 014 Jakarta. Phone 374 085/380 1472 CONTENTS Ad Marketing 15 Aircraft Schedule 33 Commodities 32 Company News 4,5 Cryptic Crossword 33 Editorial 12 Financial News 6247 words
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Advertisement137 1991-11-07 1 More reports, Pg 16 A giant with debts to match Maxwell empire at a glance Obituary; A revolutionary in his own way ■v. A l mm "-V <T S is i t r Ao*lll3 LGLI BRUNO K- -f ;.*< *?< n- ■> v VvT5 xtm r* MY BRUNO MAfiLI COLLECTION137 words
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PAGE 2 NEWS
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546 1991-11-07 2 Leslie Lopez - Party to chart strategies to ensure its dominance From Leslie Lopez in KUALA LUMPUR MALAYSIA'S ruling United Malays National Organisation party starts its tour-day annual congress today, faced with the challenges posed by Prime Minister Datuk Seri Dr Mahathir Mohamad's ambitious goal of creating a546 words
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Article, Illustration346 1991-11-07 2 KUALA LUMPUR Malaysia may consider setting up an alternative body to the Bar Council if relations between the group and the government deteriorate further, Justice Minister Syed Hamid Alba said yesterday. "If they continue with their present position, which will disadvantage their346 words
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356 1991-11-07 2 Sangeeta Mulchand - By Sangeeta Mulchand SINGAPORE Listed UK retailer Littlewoods Organisation is moving its regional headquarters for sourcing and purchasing from Hongkong to Singapore to tap growing opportunities in Malaysia, Indonesia and IndoChina. Projections are for purchases from the region to treble to US$6 billion (SSIO.I356 words
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222 1991-11-07 2 SINGAPORE Moet-Hen-nessy, part of the French drinks and luxury group Louis Vuitton Moet-Hennessy, is setting up its regional headquarters and logistics base in Singapore to service its growing market in wines and spirits. The newly-formed MoetHennessy Asia Pte Ltd (MHA) will immediately spearhead two222 words
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492 1991-11-07 2 Catherine Ong - From Catherine Ong in HONGKONG HONGKONG yesterday announced more measures to curb high inflation but the stock market, shrugging off what it sees as a feeble effort, continued a three-day rally. Financial Secretary Hamish MacLeod revealed a mul-ti-prong attack on the territory's biggest492 words
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Page 2 Advertisements
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Advertisement195 1991-11-07 2 FESTIVAL TRAFFIC ONLY < x r- V:< > JR .*< Y > te V.V' 5 f Vv j -'7' -sk v^v? iV.^r:^ VA > *•*••;> I -=> Rti: i>> < *2 -I J* #2» ■*> »»> J -> P*; AFTER 140 YEARS IN SHIPPING, IS IT ANY WONDER THAT WE195 words
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SINGAPORE NEWS
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Article, Illustration710 1991-11-07 3 Joseph Rajendran - No shifting of manufacturing operations out of S'pore despite downturn By Joseph Rajendran HIT BY a cyclical downturn in the industry, most US disk drive makers with plants in Singapore will continue to use the Republic as a base for their manufacturing operations.710 words
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203 1991-11-07 3 JAPAN'S Ibaraki Prefecture is aggressively promoting its ports among Asian ship operators as alternatives to those in the Tokyo Bay, which are often congested. A 24-man delegation from the prefecture, led by Ibaraki Department of Public Works director-general Tokuji Tomaru, is in Singapore to203 words
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284 1991-11-07 3 US DISK DRIVE maker Conner Peripherals, which laid off 500 contract workers in Singapore three weeks ago, has no plans to retrench more workers here. H B Chan, senior vicepresident of Conner Peripherals International, disclosed this to BT recently. The company's Singapore plant now284 words
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264 1991-11-07 3 Shoeb Kagda - By Shoeb Kagda CONTINUING its drive to be one of the leading growthcapital firms in South-east Asia, Transpac Capital has injected $8.8 million into local furniture maker Hwa Tat Lee Holdings Pte Ltd. Transpac included two other partners in its latest venture Hancock264 words
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250 1991-11-07 3 THE Port of Singapore Authority is to reinstate an employee's salary increments and bonuses after a court last month overturned a conviction against him. In a statement yesterday, the PSA said it would also pay Hamin bin Abdul Hamid one-ofT performance and pro-ductivity-based250 words
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NEWS ROUNDUP
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114 1991-11-07 3 DR AHMAD MATTAR, the minister-in-charge of Muslim affairs and chairman of Yayasan Mendaki, has written to the Prime Minister asking for extra funds to make up a shortfall in the money Mendaki needs to pay this year's tertiary fees for Malay students. The114 words
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Article95 1991-11-07 3 THE Labour Ministry and the police are investigating the illegal employment of 112 foreign workers at an HDB construction site in Tampines. The case, which was uncovered on Oct 29, involves mostly Malaysians. Fifty-five were working as carpenters, 48 as steel benders, three as concrete workers, two95 words
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Article69 1991-11-07 3 BARRY B LENNON, general manager for the Asean region of IBM World Trade Asia Corporation, is this year's speaker in the Productivity Lecture series to be held tomorrow at the National Productivity Board's auditorium. He will speak on "Market-driven quality the IBM approach". Based on69 words
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Article51 1991-11-07 3 THE Minister for Defence of Cyprus, Andreas Alonefits, arrived in Singapore yesterday for a four-day official visit; the first by a defence minister of Cyprus. Mr Alonefits called on Defence Minister Dr Yeo Ning Hong yesterday and will call on Prime Minister Goh Chok Tong51 words
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Article61 1991-11-07 3 THE Emporium Group has signed a $4.25 million contract with NCR Singapore Pte Ltd for an integrated information system. This is to achieve greater efficiencies and better information management, and to gear up for bigger sales volume as the retail chain expands into the Asean61 words
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Page 3 Advertisements
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Advertisement315 1991-11-07 3 ONE-DAY SEMINAR VISION I OR COM PAN IKS Companies and governments are finding competitive advantage in developing a vision of bow they will look at a future moment in time, and then directing the organisation's effort to achieving that vision. Singapore's "Tropical City of Excellence for 1999, and Malaysia's "2020315 words
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Advertisement50 1991-11-07 3 9 MIKIMOTO The Originator of Cultured Pearls Since 1893 C. T. HOO Singapore #01-22 Taogfin Shopping Contre, Singapore 1024. Tot *****47. *****43. BELTRAMI #01-36E, The Paragon, 290 Orchard Road. Tel: 734 0288 #02-09, Raffles, 328 North Bridge Road. Tel: 339 3218 FIRENZE BOLOGNA MILANO ROMA NEW YORK HONG KONG JAKARTA50 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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125 1991-11-07 4 SINGAPORE The chairman and chief executive of Inchcape pic, Sir George Turnbull, will retire as chief executive and chairman on medical grounds. Inchcape said in a statement that Sir George has been unwell and has been advised by doctors to have complete rest. He steps125 words
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Article82 1991-11-07 4 KUALA LUMPUR Palmco Holdings Bhd posted an increase in its group pre-tax profit to M 59.29 million (555.7 million) for the year ended June 30, from M 5835,000 a year earlier. Releasing its audited results yesterday, it said group turnover decreased by 13.4 per cent82 words
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Article49 1991-11-07 4 SINGAPORE Mycom Bhd has reported after-tax profit of M 547.7 million for the year ended June, more than treble the M$ 14.37 million it posted a year earlier. Turnover for the group jumped 52 per cent to M 5341.7 million from M 5224.9 million previously.49 words
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Article60 1991-11-07 4 SINGAPORE Lion Suzuki Motor Sdn Bhd has agreed to buy from Lion Land Bhd a piece of industrial land measuring 6.1 ha for M$ 12.58 million, or Msl9 per sq foot. The land, located at Shah Alam, is part of an industrial park measuring about60 words
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Article33 1991-11-07 4 SINGAPORE Mr Siew Wing Keong, an alternate director at San Teh Ltd, sold 10,000 San Teh shares at 96 cents apiece yesterday, the company said in a statement.33 words
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305 1991-11-07 4 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR THE former chief executive of Malaysia's state-owned BBMB Securities Sdn Bhd was fined M$ 12,000 (557,345) by a magistrates' court yesterday after he pleaded guilty to three amended charges of illegal trading in connection with a share scandal305 words
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494 1991-11-07 4 Magdalene Ng - By Magdalene Ng A KEY longstanding series of suits and countersuits involving several listed companies in Singapore and Hongkong once controlled by fugitive businessman Ho Hua Min have been resolved. The biggest loser is Causeway Investments Ltd, formerly Dah Yung Investment, which494 words
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152 1991-11-07 4 Bernama KUALA LUMPUR MBf Finance Bhd, which is acquiring Kewangan Usahasama Makmur Bhd (Kumb), is assessing the viability of Kumb's property development projects throughout the country, its managing director, Datuk Loy Hean Heong, said on Tuesday. Speaking to reporters after presenting a M 5313.41 millionBernama - 152 words
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Article, Illustration481 1991-11-07 4 Lee Han Shih - By Lee Han Shih SINGAPORE Hot on the heels of a $15 million deal to acquire a major stake in trading house Lindeteves-Jacob-erg (Far East), Acma is buying two more companies for $23.2 million. They are DynaMech Electronics, a sub-contractor of electronic parts,481 words
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289 1991-11-07 4 Dexter Lee - By Dexter Lee CHUAN HUP Holdings Ltd's strategy of focusing on its marine business and reducing its debt has paid off. Group profitability as a percentage of turnover for the year ended June 30 rose sharply to 10.9 per cent, up from 3.7 per cent289 words
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750 1991-11-07 4 Lilian Ang - MARKET TALK By Lilian Ang MEDIA giant Singapore Press Holdings (SPH) will be releasing its results tomorrow for the financial vear ended Aug 31, 1991. With a strong first half secured, most analysts are certain that the group's fullyear performance750 words
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398 1991-11-07 5 BANGKOK Takeovers have become more common in the Thai business environment in recent months, the Bangkok Post reported re--1 -cently. The trend, however, is to- wards "friendly" rather than "hostile" takeovers. In a bold move, Unicord \-:Co, which cans and exports tuna, used398 words
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392 1991-11-07 5 Reuter WELLINGTON New Zealand brewer Wilson Neill u Ltd has said that its NZ$9O million (5585.3 million) asset sale programme is likely to be slow and more losses are possible given bad publicity about the company's financial performance and alleged insider tradingReuter - 392 words
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COMPANY BRIEFS
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Article78 1991-11-07 5 TOKYO Japan's Yokogawa Electric Co Ltd said yesterday that it would strengthen its ties with Hewlett-Packard Co of the United States through a new joint venture in Japan to produce analysing equipment for laboratories. The company, the world's second-biggest producer of industrial instruments, said it78 words
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Article83 1991-11-07 5 RYE BROOK, New York Philip Morris Companies Inc said it and Austria Tabak Werke of Vienna have agreed to buy Egri Dohanygyar, one of Hungary's four state-owned cigarette companies, for an undisclosed amount. Upon completion of the deal, expected by mid-December, Philip Morris and Austria83 words
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Article57 1991-11-07 5 m. m. CANBERRA State-owned Telecom Australia yesterday reported a 30.4 per cent fall in net profit for 1990-91 on the previous year, due mainly to changed tax rules. Telecom revealed a net profit of A 5962.7 million (*****0 million) for the year to June 30,57 words
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51 1991-11-07 5 PARIS French computer services group Cap Gemini Sogeti and US Hewlett-Packard have supplied the 38-nation Conference on Security and Cooperation in Europe (CSCE) with a computer system, the French company said on Tuesday. The extensive communications network has been under CSCE command since Nov51 words
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Article, Illustration66 1991-11-07 5 Reuter KUWAIT A Bechtel worker making a last check on the BGIIB oil well on Tuesday. This well will be re-lit and will represent the last blazing oil fire in Kuwait The Emir of Kuwait, Sheikh Jaber Ahmed al Sabah, was toReuter - 66 words
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415 1991-11-07 5 Reuter TOKYO Japan Aviation Electronics Industry Ltd says government penalties against it for allegedly violating Japan's weapons export ban will force it to take a loss in 1991/92. Industry sources added that the 18-month export ban imposed on the company couldReuter - 415 words
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Article489 1991-11-07 5 Firms acting aggressively already in better stead AP NEW YORK American companies bled more money in the third quarter, with many reporting losses or only minuscule profits. But beneath the rivulets of red ink, businesses were taking drastic cost-slashing steps that should make them moreAP - 489 words
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272 1991-11-07 5 Reuter HONGKONG Jardine Pacific Holdings Ltd, a whol-ly-owned subsidiary of Jardine Matheson Holdings Ltd, said it has formed a joint venture with the Soviet Union railway organisation, Systima USSR. The main aims are to provide additional non-vessel operating commonReuter - 272 words
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228 1991-11-07 5 Reuter BEIJING The Shenzhen stock exchange, one of two bourses in China, will see two new stock floats worth a total of 61.8 million yuan (5519.3 million) between Nov 10 and 30, a stock exchange spokesman has said. The China South Glass Co willReuter - 228 words
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551 1991-11-07 5 Reuter SYDNEY Shares in Rupert Murdoch's News Corporation Ltd are being re-rated in response to a debt reduction programme which has lifted a black cloud from the international media group, analysts said. Improved investor sentiment over the programme of asset sales and equity andReuter - 551 words
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Page 4 Advertisements
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Advertisement101 1991-11-07 4 21" Mini-Carrier Retail Price SISIO Samsonite's Innovative Mini-Carrier Suitcase Makes For Easier Travelling. The new 21" Mini-Carrier is part of Samsonite's latest line of Silhouette* EXL suitcases. When it's time to roll on or off the plane, the Mini-Carrier makes it simple. A sturdy handle can be pulled from the101 words
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Page 5 Advertisements
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Advertisement56 1991-11-07 5 In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you .where the American Express 9 Card is always welcome. Membership Has Its Privileges' Don't leave home without it! Sf v A warm and hospitable reception 8 SHANGRI-LA INTERNATIONAL HOTELS RESORTS BALI BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA56 words
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FINANCIAL NEWS
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355 1991-11-07 6 Reuter TOKYO Carrying billions of yen in bad property loans and with their reputation tarnished by involvement in major scandals, Japan's nonbank financial institutions have announced measures to put their chaotic house in order. But the measures may be too lateReuter - 355 words
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234 1991-11-07 6 SINGAPORE Officials from the Central Bank of the Philippines and the Philippine Board of Investments will make a strong pitch to attract foreign capital to their country at an investment seminar here tomorrow. At the seminar at the World Trade Centre, the officials will234 words
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161 1991-11-07 6 SINGAPORE The Lon-don-based Institute for International Research (IIR) is holding a conference in Singapore next week on Asian corporate finance. The institute, which has had an office in Singapore for 11 years, is a worldwide conference group with 28 operations in key financial centres. It161 words
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Article, Illustration471 1991-11-07 6 Agencies SYDNEY Australia's Reserve Bank (central bank) announced yesterday a cut of one percentage point in official cash rates, in a move to stimulate lower business and home loan interest rates. The reduction was widely expected to be announced yesterday and had alreadyAgencies - 471 words
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356 1991-11-07 6 Reuter BRUSSELS Generate Bank NV, Belgium's largest bank, decided to raise its stake in French Banque Parisienne de Credit (BPC) to 70 per cent from 45 per cent in January 1992, said Paul-Em-manuel Janssen, the chairman of theReuter - 356 words
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Page 6 Advertisements
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Advertisement296 1991-11-07 6 0 HITACHI Buy the handphone with Hie best head for figures $2,680 o <*> ACTUAL SIZE And get Hie shaver with Hie best head for laces FREE The new Hitachi Superlight, weighing only 320 grams (including battery), is one of the world's smallest, lightest handphones. Yet it has far the296 words
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Advertisement106 1991-11-07 6 A FULLY FURNISHED EXECUTIVE OFFICE WITH EVERYTHING FROM A TO Z! And it's as easy as ABC. Just move in and start business! Our "ready-made" executive offices come with full business support facilities secretarial services, conference room, answering service, fax, copier, telex, word processor... and the whole works! Consider also106 words
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Page 7 Advertisements
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Advertisement231 1991-11-07 7 Mazda 929 he Very New Mazda 9 29. Not Just Ahead of Its Time. Ahead of Its Century. m Wi <1 sr m WMt kti- v -1 c* nif m; jk? rfo«n7 look, or feel, /iAf an) other car on the road. But then, that was never the intention. The231 words
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THE REGION
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NOTE BOOK
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102 1991-11-07 8 WASHINGTON Vietnam's United Nations Ambassador Trinh Xuan Lang on Tuesday dismissed US charges of Hanoi's "foot-dragging" in accounting for the nearly 2,300 US servicemen missing in action during the Vietnam War and said the issue should not be linked to a bilateral normalisation.102 words
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Article106 1991-11-07 8 JAKARTA About 15 per cent of Indonesia's people were considered living in poverty last year, compared with 17.4 per cent in 1987, the chief of the Central Bureau of Statistics said on Monday. Azwar Rasyid said the number of Indonesians considered living in poverty at106 words
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Article71 1991-11-07 8 BANGKOK King Bhumibol Adulyadej urged the Thai armed forces on Tuesday to upgrade technological capabilities for development as the world enters as era of peaceful Co-existence. King Bhumibol,. in a televised address at a ceremony to confer military ranks to senior officers, said the armed71 words
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Article76 1991-11-07 8 PHNOM PENH The Cambodian government has invited the United States to open both a diplomatic mission in Phnom Penh and an office to search for Americans missing from the Indochina War. In Bangkok, a US Embassy spokesman said on Tuesday that "we are currently making76 words
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351 1991-11-07 8 Al O Labita Jr - From Al O Labita Jr in MANILA FOREIGN business groups have asked the Aquino government to discard the home consumption valuation (HCV) in levying duties on imports, saying the Philippines is the only country using such a method. The use of HCV351 words
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331 1991-11-07 8 BANGKOK Thailand's multi-billion-baht jewellery trade is in danger of losing its lustre as recession continues to grip the United States market, reported the Bangkok Post on Tuesday. American consumers, who usually buy about 45 per cent of Thai jewellery exports, are showing no signs of331 words
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365 1991-11-07 8 BANGKOK A move to restrict foreign investment in Thai properties has been met with strong opposition from the country's realty developers, the Bangkok Post reported earlier this week. The developers said that the real estate industry at the moment needed foreign funds and overseas365 words
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490 1991-11-07 8 AFP JAKARTA Indonesia's official opposition is becoming bolder to the point of demanding that the legislative election of June 1992 conform more to democratic norms of free elections. The Muslim-based United Development Party (PPP) said on Monday that about four million civil servants should noAFP - 490 words
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Page 8 Advertisements
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Advertisement372 1991-11-07 8 AN INVITATION TO INVEST IN EUROPE i- r v v <) \i A fter 1992 the European Community (EC) will be the world's largest and most integrated economic market of 320 million sophisticated consumers. To this will be added another 60 million from the European Free Trade Association (EFTA) as372 words
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Advertisement133 1991-11-07 8 STRATEGIC MARKET PLANNING With MoHnliig Decision Support tyh— SEMINAR OUTLINE Situation analysis Marketing opportunity analysis Market segmentation analysis Positioning Values and lifestyle analysis Marketing control Sales forecasting Product lifecyde analysis Product portfolio analysis General Electric strategic grid PIMS (Profit Impact of Marketing Strategy) SEMINAR LEADER DR ASPY P PALIA, Associate133 words
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THE WORLD
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Article, Illustration350 1991-11-07 9 Minister sets terms for possible lifting of ban AFP TOKYO Two senior ministers appointed to the Cabinet of Japan's newly-elected Prime Minister, Kiichi Miyazawa, have hinted at an early resolution to the sensitive issue of liberalising the country's rice market. Masami Tanabu,AFP - 350 words
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Article, Illustration50 1991-11-07 9 HUECKELHOVEN, Germany A miner standing in front of a slogan warning German Economics Minister "(Juergen) Moellemann, you are next". He was among a group of miners holding a sit-in demonstration on Tuesday at a mine shaft I,ooom underground in protest against the planned closure of a coal mine.50 words
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491 1991-11-07 9 AP WASHINGTON Productivity in the United States climbed at an annual rate of 2.4 per cent over the summer as American workers turned in their best performance in three years, the government reported on Tuesday. But analysts called it a short-lived blip and aAP - 491 words
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231 1991-11-07 9 AFP MOSCOW The Soviet Union will not have enough money to meet foreign debt payments falling due this month. The unofficial Interfax news agency quoted the vicepresident of the foreign trade bank, Anatoly Nosko, as telling a meeting of the interim government onAFP - 231 words
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250 1991-11-07 9 AP MOSCOW As many as 50,000 bureaucrats who once ran the bloated communist central apparatus may be fired or reassigned under a vast overhaul by the postcoup leadership. Even the diplomatic corps will not be spared, because a major reorganisation of embassies andAP - 250 words
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WORLD WATCH
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120 1991-11-07 9 TOKYO Japan's Economic Planning Agency has announced that the country's private corporations are projecting a low year-to-year increase of 4.8 per cent in capital investment for fiscal 1991. Agency officials said on Tuesday that the corporations made the estimates of the low120 words
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Article83 1991-11-07 9 BRUSSELS United States Agriculture Secretary Ed Madigan will meet European Farm Commissioner Ray MacSharry here today. EC sources said yesterday that the meeting wili coincide with a session in Geneva of the Trade Negotiations Committee (TNC), the steering group for the Gatt Uruguay Round83 words
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Article75 1991-11-07 9 WASHINGTON The US stands to earn US$BOO million (551.34 billion) on the Gulf War if allies make good on all tht contributions they pledged, according to a new report by thfr General Accounting Office released on Tuesday. The twolargest contributors, Saudi Arabia and Kuwait,75 words
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Article35 1991-11-07 9 WASHINGTON The US Senate confirmed Robert Gates on Tuesday as the Central Intelligence Agency's 15th director.. Mr Gates, 48, easily won the Senate majority needed for confirmation midway through the vote.35 words
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Article60 1991-11-07 9 MEXICO CITY Mexico's stock market, or Bolsa, attract-, ed about U5513.36 billion (5522.44 billion) in foreign investment last month. Total foreign investment for the month was about 17 per cent of all investment in the market, against 4 per cent in January, Mexico's official Notimex60 words
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Page 9 Advertisements
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Advertisement65 1991-11-07 9 HENDERSON m a S N D U 9 9 I II I I A L PARK S E AN EXCELLENT INVESTMENT OPPORTUNITY NOTTO BE MISSED! Distinctive building with unique architecture. Lavishly designed groundfloor lobby. Located within prime industrial zone. 2971 to 6254 sq. ft available for sale. Good car parking65 words
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Advertisement468 1991-11-07 9 r—~j SINGAPORE Royal Melbourne INSTITUTE OF Institute of yj MANAGEMENT W&B Technology The Singapore Institute of Management, in conjunction with the Royal Melbourne Institute of Technology, invites applications from suitably qualified candidates for the following Masters programmes. (1) Master of Finance (Ist Mikt CMMMMftv AfiiH 1992) This specialised Master of468 words
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SOVIET UNION
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Article, Illustration1251 1991-11-07 10 Nikolai Loginov - Message by Nikolai Loginov His Excellent Ambassador of the Soviet Union to The Republic of Singapore It is a great pleasure for me on the occasion of the National Day of the Soviet Union to address talented and diligent people of Singapore and wish them further success and1,251 words
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Page 10 Advertisements
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Advertisement135 1991-11-07 10 the Government People of the Soviet Union on their National Day Sembawang Shipyard Sembawang Shipyard Limited Admiralty Road East, Singapore 2775. Tel: *****22, Telex: SEMSHIP RS ***** Fax: *****25 Congratulations to the Government People of the Soviet Union on their National Day intraco INTRACO LIMITED CONGRATULATIONS the Government and People135 words
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Page 11 Advertisements
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Advertisement136 1991-11-07 11 AH LENG MOTOR LAUNCH SERVICE 2A Clifford Pier, Singapore 0104. Tel: *****52 (6 lines), *****52 Motor Launch forHlnDay Night Congratulations to the government (People of the Soxriet Union on their 9(ationaC (Day MMfINATH THAKRAL ENTERPNSES PTE LTD Amar Raj Houm 73, High Street #03-01 Tel: *****24 (10 ines). Singapore 0617.136 words
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Advertisement59 1991-11-07 11 DISCOVER MOSCOW 5 WEEKLY FLIGHTS TO MOSCOW EN ROUTE TO EUROPE Fly Aeroflot for speed* economy and reliability For more information, contact us or our travel agents: Strviet air-tines• 15 Queen Street #01-02/02-00 Tan Chong Tower, Singapore 0718, Tel: *****57, Fax: *****52 Kuala Lumpur Tal: *****31 Bangkok Tal: *****17/8 Jakarta59 words
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Article468 1991-11-07 12 EDITORIAL THE Malaysian economy is expected to continue its impressive performance with another two years of strong growth. Barrelling ahead on the back of strong domestic demand and a buoyant manufacturing sector, Malaysia's gross domestic product is set to grow by 8.6 per cent this468 words
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WHAT THE OTHERS SAY
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Article220 1991-11-07 12 IN response to the recommendations of the Chinese Language Review Committee, the Ministry of Education has announced changes to the primary four streaming policy. Now the weakest Chinese pupils have the new option of learning Chinese as the first language and English as the third language. For220 words
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Article119 1991-11-07 12 THOUGH Israel and the Arab states have not solved their conflicts, it was a good sign that all parties have agreed to hold direct talks after the three-day conference. Besides, Israel and the Jorda-nian-Palestinian delegation have jointly announced that they will continue to hold talks in the119 words
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Article124 1991-11-07 12 THE criteria of streaming for primary four pupils are being revised following the government's acceptance of the key recommendations made by the Chinese Language Review Committee headed by Deputy Prime Minister Ong Teng Cheong. The acceptance shows that the government has been open enough to accommodate the124 words
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REGIONAL VIEWPOINTS
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Article150 1991-11-07 12 THE achievements of the late Philippine dictator, Ferdinand Marcos, and his wife Imelda should not be forgotten. With the aid of their cronies in the business and military fields, they systematically plundered the country of its wealth, while imprisoning, torturing and murdering suspected opponents. Mrs Marcos will150 words
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Article182 1991-11-07 12 PRIME Minister Anand should And what out has become of his move to submit a government bill on freedom of information. Since his time in office is running out, he had better speed up work on this significant legislation. Without it, the people, the press, the non-governmental organisations182 words
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Article149 1991-11-07 12 THE abolition of slavery is justifiably regarded as the major achievement of the reign of King Chulalongkorn. But such practices still exist today. No country is without social ills and this country's rapid economic development, extensive shifting from a rural agrarian to urban industrial society together with149 words
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Article, Illustration762 1991-11-07 12 When lawmakers talk about a tax cut, the US stock market plunges. Indeed, Wall Street appears to be reacting strangely to news from Washington. Or is it? NYT SOME curious things, it seems, are happening this fall to the Wash-ington-Wall Street axis. With few exceptions,NYT - 762 words
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Page 12 Advertisements
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Advertisement74 1991-11-07 12 1 -I i# m i i|; *1 M ll 3 <£fl i i Introducing Menswear by Hardy Amies of London The quintessential Enghsh fashton jor the gentleman who appreciates the ciassks. Now available m Singapore at Robinsons, Dmmant, Gaieties Lafayette and BBH Fmhkmwear fChangi T2). Selected lines available at Iseian,74 words
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Page 12 Miscellaneous
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Miscellaneous50 1991-11-07 12 DOONESBURY SSZ, I'M NOT RSALV/A CAeee.rMAp&FOwANCt Aimer. Tm is just ■WHPORARf, UNTIL m HUSBANP G&SANOTHBZ-JO&:. i see. PO YEAH, you HAVE ANY I^6(7T CHtWR&i? A UTTie I &FL. r>j BY GARRY TRUDEAU RcALLYf HHATPOtS MY JOB? UM... THINK Or nXJR. JOB' ■S. ytgt \HHOTHKUHOt. V&1. R Om6AHtKH V 0& &ourreMNPOw*j50 words
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ANALYSIS
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Article, Illustration993 1991-11-07 13 John Meehan, William Glasgall - It may have a lone wait for a rebound but in the meantime, the bank must shrink fast. John Meehan and William Glasgall report John Meehan, William Glasgall AS RECENTLY as this summer, the strategy seemed to be working. Citicorp chairman John S Reed993 words
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Article325 1991-11-07 13 SINGAPORE has been chosen to set up an electronic network for the exchange of trade and industrial information by members of the Asia Pacific Economic Cooperation (Apec) forum. The Electronic Information Exchange Network, or Elin, will use the Trade Development Board's GlobaLink system and325 words
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Article, Illustration1158 1991-11-07 13 Catherine Ong - Ministers at the Asia-Pacific Economic Cooperation (Apec) forum next week will be solidly behind the idealogy of free trade. But on what the organisation's role is, they remain divided. Hongkong Correspondent Catherine Ong reports Catherine Ong WHILE the Asia Pacific Economic Cooperation (Apec) forum does not see1,158 words
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Page 13 Advertisements
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Advertisement144 1991-11-07 13 FOR SALE BY AUCTION THE SUVA AND THE NAN Trav ge FJ r Lr Two established and well run Hotels in one of the world's most popular holiday destinations Suva yield expected to be in excess of 13% net profit year ending December 1991 forecast at (F)52.02 million 132 rooms144 words
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Page 14 Advertisements
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Advertisement159 1991-11-07 14 Congratulations Singapore telecom On the Commissioning Of The third Digital international Gateway Switch Singapore Telecom has enhanced its world-class telecommunications infrastructure with the commissioning of a third digital international gateway switch a state-of-the-art SESS® Switch designed, manufactured and installed by AT&T. Telecom can now connect its customers to twice as159 words
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ADVERTISING & MARKETING
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Article, Illustration646 1991-11-07 15 Sangeeta Mulchand - Meetings with authorities on regulations will be held, reports Sangeeta Mulchand Sangeeta Mulchand TIME-SHARING vacation programmes arc making a comeback into the Singapore market, the cautious attitude of locals following recent problems with Lifetime of Holidays notwithstanding. Encouraged by growing affluence646 words
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Article, Illustration654 1991-11-07 15 Sylvia Wong - Two Swedish brothers have built a cosmetics empire based on natural ingredients and a money-back guarantee, reports Sylvia Wong Sylvia Wong LONG BEFORE The Body Shop became fashionable for its socially responsible cosmetics, a small family business in Sweden was already banking on natural ingredients and654 words
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Article, Illustration355 1991-11-07 15 INFORMATION on the effectiveness of an advertising campaign can be confusing and out of focus when wrong testing methods are used. "It is easy to interpret a poor current campaign as doing well when in fact it is living off previous successes, causing355 words
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196 1991-11-07 15 American Express International is spending more than $1 million on an advertising and marketing blitz to promote Premier Tribute, a series of lifestyle events marketed as "rewards" to card members. Each event is open to members who fall within certain "qualifying ranges" based on the196 words
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Article233 1991-11-07 15 MEMBERS of the 4As will have to pay between 0.5 per cent and 2.5 per cent of their credit ratings for the proposed ad industry's Insurance Bond Scheme. This will be done under strict confidence between the agency and the insurance company. Global Insurance Management Pte Ltd, a233 words
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Page 15 Advertisements
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Advertisement202 1991-11-07 15 SHEAFFEFL i INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. EASY STAFF personnel system is an award winning human resource package. EASY ASSET fixed assets system that202 words
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FOCUS
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Article, Illustration874 1991-11-07 16 The demise of Robert Maxwell NYT ROBERT Maxwell died just as his grip on his global publishing empire seemed to be slipping. His empire and investor confidence had been shaken by turnovers in management, the burden of billions of dollars in debts incurred fromNYT - 874 words
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Article722 1991-11-07 16 NYT Robert Maxwell, who died on Tuesday after going overboard from his yaeht ofT the Canary Islands, tied the collapse of Czechoslovakia in 1939 to become one of the most powerful publishers in Britain and the world, presiding over a multi-billion-dollar empire he assembledNYT - 722 words
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Page 16 Advertisements
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Advertisement274 1991-11-07 16 A COMMANDING PERFORMANCE THAT'S CLEARLY MINDFUL, OF THE ENVIRONMENT. The new XJ6 3.2 is first and foremost a driver s car. A rare blend of racing experience, prestige and luxury. One that has created a 24-valve, 3.2 litre engine of commanding power. An advanced electronically managed power unit that oflfers274 words
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SPORTS
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Article, Illustration276 1991-11-07 17 Birmingham Indoor Tournament AP BIRMINGHAM, England Top seed Michael Chang needed just 61 minutes to defeat Marian Vajda 6-1, 6-2 in the first round of the US$5OO,OOO (*****,000) Birmingham Indoor Tennis Tournament on Tuesday. Three other seeded players Malivai Washington, Thierry Champion and MagnusAP - 276 words
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363 1991-11-07 17 AFP UPI LONDON Late media tycoon Robert Maxwell was a football fanatic, but he failed in his dream to own a big English club. In 1984, the millionaire publisher tried to buy Manchester United, but withdrew after being told he would have to fork out £15AFP; UPI - 363 words
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Article494 1991-11-07 17 Kremlin Cup AP MOSCOW Unseeded Australian Mark Woodforde upset second-seeded Petr Korda of Czechoslovakia 0-6. 6-2, 6-3 on Tuesday in the first round of the U*****,000 Kremlin Cup. American Jim Grabb downed his countryman and last year's Kremlin Cup finalist Tim Mayotte 3-6, 7-5, 7-5 in aAP - 494 words
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522 1991-11-07 17 Reuter NEW YORK Flamboyant boxing promoter Don King unleashed a long tirade on Tuesday saying recent accusations linking him to the Mafia stem from racism in the United States power structure which does not want blacks to succeed. King, the promoter of former heavyweightReuter - 522 words
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SIDE LINES
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Article110 1991-11-07 17 OAKLAND, California Hard-hitting Stephanie Rehe upset fourth-seeded Zina Garrison 6-2. 6-3 on Tuesday night in the first round ot the Virginia Slims of California tennis tournament. Rehe, ranked 146 th in the world, celebrated her 22nd birthday by pounding serves and forehands past an errorprone Garrison, winner110 words
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Article65 1991-11-07 17 NEW YORK The International Boxing Federation (IBF) president said on Tuesday that his organisation had not sanctioned the Nov 23 heavyweight fight between undisputed champion Evander Holyfield and Italian Francesco Damiani in Atlanta. Bob Lee said the IBF was withholding its sanction because Damiani was not among65 words
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Article29 1991-11-07 17 SYDNEY World-rated Australian junior-lightweight boxing champion Renato Comett will fight Filipino Paquito Openo in a 10-round non-title bout on Dec 13, said promoter Marty Rhone yesterday.29 words
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Article117 1991-11-07 17 PRETORIA Sports shoe manufacturer Reebok is being sued by a South African company here for about U552.67 million for damages suffered through Reebok cancelling a distribution agreement. The trial began in the Supreme Court here on Tuesday, and South African company Jokari claimed in papers before the117 words
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Article116 1991-11-07 17 KIEL. Germany Simon Frenz produced the best win of his career to dismiss world junior champion Simon Parke of England in the first round of the inaugural Kiel Open squash tournament on Tuesday. The German number two took full advantage of his wild card entry by completing116 words
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Page 17 Advertisements
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Advertisement116 1991-11-07 17 Commonwealth Ce .mcmr. fe nu«£'*' £> V U-' Brisbane, Australia. FOR S —A —L—E LOCATION Located in the heart of one of Brisbane's major regional business centres 10 kilometres from Brisbane's CBD. THE PROPERTY A new four level building providing 4664 square metres of office space. THE TENANCY Approximately 80%116 words
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Advertisement463 1991-11-07 17 A MUST FOR EVERY SUCCESSFUL MAN! m >■*<«. personalised gold hot-stamping with every purchase. IN (2) EXCLUSIVE VERSIONS: Please tick: Quantity Genuine Leather *****.00 per set Bonded Leather S$ 80.00 per set Complete your look of success with this exclusive set of diaries. They will definitely make their mark. And463 words
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LIFESTYLE 1
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Article, Illustration716 1991-11-07 18 Andrew Quinn - Andrew Quinn on China's marketing push into mainstream patent cures Andrew Quinn Reuter Feeling senile? Here's just the stuff for you. One handy gulpsized bottle of Qing Chun Bao anti-ageing liquid will cut your stress, promote "anti-senility" and secure "the maintenance of unflaggingReuter - 716 words
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Article, Illustration583 1991-11-07 18 CHATTERBOX FRED MacMURRAY, the personable, unassuming actor who starred in some of the best film comedies of the 1930s and 1940s and was later the protagonist in popular Walt Disney fantasies and the television situation comedy My Three Sons, died on583 words
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Article628 1991-11-07 21 Janet Maslin - Janet Maslin on the director's latest portrayal of nastiness Janet Maslin NYT WHEN Gregory Peck, playing the upright lawyer Sam Bowden in the 1962 thriller Cape Fear, proclaims the excon Max Cady a "shocking degenerate", Robert Mitchum, playing Cady, simply laughs. With sociopathic glee, heNYT - 628 words
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Page 18 Advertisements
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Advertisement124 1991-11-07 18 (p*f >■?* U eiffi if J J The Best Business Connections in the U.S. These days few business trips to America are to only one destination or strictly business. With Northwest you have the fastest daily service to more of America. You'll have more time to conduct your important business124 words
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Advertisement62 1991-11-07 18 USA USA USA USA USA VISA USA USA A Bilingual Speaking Trader (Chinese's American) who has good experiences in exportation of canned foods, grocery items, cars and electronics is looking for a trading partner or accounts. Please contact: JOHNNY S.LEE ***** Porto fino Circle S*i Leandro, CA *****, U.S.A. Fax:62 words
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Page 19 Advertisements
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Advertisement127 1991-11-07 19 Hi t J Si Aa °o. sj V si) sj O While our plain paper fax will keep your wallet plump, its list of features is equally overweight. (Obese actually.) Like razor-sharp definition, similar to that of a laser printer. Print that stays put. And won't fade like more costly127 words
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Page 20 Advertisements
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Advertisement878 1991-11-07 20 WHERE TO WINE, PINE AND ENTEBTAIN WHEBE TO WINE, DINE AMD ENTERTAIN WHEBE TO WINE, DINE SCOTTS LOUNGE Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts878 words
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Page 20 Miscellaneous
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Miscellaneous740 1991-11-07 20 w**- TELEVISION AND RADIO Reason to smile SBCI2 OUR CHOICE Candid Camera, 8.30pm, SBC 5 It's back, but without Alan Funt. Dom Deluise introduces the bouncing chair sequence, the world's loudest eaters and drinkers and a test to see if chivalry still lives. Yu Yuan Bian Qing, 10.00pm, SBC 12740 words
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Page 21 Advertisements
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Advertisement235 1991-11-07 21 AND ENTERTAIN iSJu I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732 1222 ext 1589. 16 Jg Top CANTO Pop235 words
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Advertisement281 1991-11-07 21 A 'l"V H 1 ♦A Classical Japanese In The True Complete Mt Lunch I Sushi Set Umditraaj yvT< lempura LnawanimwßW You Dm'tHtm T*B*A tkmktri NbhbqJ Marina Bay Golf i Marina Green For RESERVAnONSFLIAiK Caixl The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER NOT SOMETHING FOR EVERYBODY. BUT EVERYTHING FOR281 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration1161 1991-11-07 22 Sylvia Wong - By Sylvia Wong THE LOCAL stock market buckcd the trend set by the US and Tokyo markets and put on 25.03 points in active trading yesterday. The key Straits Times Industrial Index climbed steadily to end at 1,443.79 points. The BT Composite1,161 words
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Article, Illustration49 1991-11-07 22 Anthony Pang - Anthony Pang Comment CITYDEV shot up 16 cents to $3.74 yesterday, continuing its uptrend on high volume. However, five-day stochastics is approaching 100 per cent while short-term RSI is also on the high side. Expect a pull-back as the stock reaches the strong resistance level of $3.90-$4.00.49 words
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Article188 1991-11-07 23 I CnCMH quoted have a par value of SI and traded in lots of 1 000 shares P/E ratio Reflect last annual consolidated results Foreign shares P/Es are adiusted for LLuLIIU each unless otherwise specified currency differences ABN shares quoted in dollars Gr Y'ld Foreign188 words
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Page 23 Advertisements
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Advertisement7 1991-11-07 23 Advertising Marketing every Thursday in Business Times.7 words
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Article1846 1991-11-07 24 CLOB INTERNATIONAL Gr's Gr's 1991 Tel C urr Last Vol Day Last Quote Div Div YTd Net M Cap .High low Code Company Traded Sale OTC000) High Low Buyer Seller C*r P/E Smil EUROPEAN STOCK 88 69*2 1292 GIL USS0.10 US 80 .2 12 811,846 words
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Page 24 Advertisements
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Advertisement14 1991-11-07 24 Read Chartpoint, a guide to investing in the stock market, every Saturday in BT14 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration888 1991-11-07 25 Bernama SPECULATIVE buying interest for lower-liners helped cushion the market leading share prices in Kuala Lumpur to close on a mixed to easier note yesterday. The KLSE All-Share Emas Index gained 0.06 of a point to 135.90 and the Composite Index added O.SBBernama - 888 words
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Page 25 Advertisements
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Advertisement652 1991-11-07 25 B U S I NESS TIMES UQUOR LICENCE NOTICE NOTICE B HEREBY GIVEN that, UmJugHwai of No 3, GohMl Ave—c, Siagyor 1130, hive applied far a Retail Liquor Shop Licence it raped of premises at MA Kostar Tradng Pie Lid at No 3, Gottnfl Avenue, Sogapore 1130, mi fat ius652 words
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Advertisement234 1991-11-07 25 OCT.W NINEMMTBIOF CMSEWMShmr notice Near mm m m m mmn k MHI C% Hw saSlOtatortWllw UN sustj: M In Hal Ik PMtt Lw Mi tar «f MhetolM—ltaly IwCtoipwy OMM7I MIMEMATTBIOF COMMMEi ACT.CAPI HIMEMKTIBIOF MESTECPTELIt NOTICE M HEREBY QMO M lw aetata ft* rife HrtsMm Mr mm m M ffiSrU&«^swK witof234 words
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BT SHARE INFORMATION SERVICE
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Article123 1991-11-07 26 Figures in brackets are for the previous corresponding period (a): Adjusted (or scrip issues, (b): In million Dutch Florins, (c): Profit after tai. (d): In million HKS. Company s profit. (0: In million yen. I Loss. TE: Tax Eiempted. NY*: Not Yet Available, (g): Profit after tai minority123 words
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Article336 1991-11-07 26 Nov 5 Gold Coin announced that a conditional agreement has been executed subject to shareholders' approval under which Gold Coin will sell all the issued shares in its wholly-owned subsidiary, F E Zuellig (Singapore) Pte Ltd. to Commissura AG. Nov 4 Berjaya Group has accepted all three revisions336 words
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Article115 1991-11-07 26 M shares quoted have a par value of SI unless otherwise specified (a) Mjusted for scrip issue, (b) First and Final. NYA Not Yet Avatotfc. (c) Includes 4* special diwdend; (d) Includes 6% special diwlend. (e) Income ftstnbutor. (f) Includes 3* bonus dividend, (f) V* Yearly Interest, (h)115 words
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CHARTING SERVICE
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Article, Illustration432 1991-11-07 26 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 usedCharts by - 432 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration314 1991-11-07 27 Reuter THE Thai stock market ended higher yesterday in the absence of negative news as buyers returned after a bout of profit taking on Tuesday, brokers said. The Securities Exchange of Thailand (SET) index ended 7.51 points higher at 660.46 on aReuter - 314 words
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JAKARTA STOCK EXCHANGE
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519 1991-11-07 27 Reuter STOCKS closed mixed in heavy trading caused by a revival of foreign investor interest, brokers said. The index slipped marginally, by 0.27 points to 229.06 on turnover of 5.51 million shares. Investors traded 4.17 million shares on Tuesday and brokers said the businessReuter - 519 words
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Page 27 Advertisements
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Advertisement11 1991-11-07 27 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF OUSINESS TRENDS NOW AT NEWSSTANDS11 words
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Advertisement48 1991-11-07 27 RESTRUCTURING 2 vJe e^s OeVwery <D« o« pr Fromg ow/Stio' Sleeves (odd sizes) T*AO€ SSnhßrldge Roadßranch 311 North Bridge Road Tel: *****51 54 Selegie Road Tel: *****07 81-06 langlin Shopping Centre Tel: *****01 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times48 words
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TOKYO STOCK EXCHANGE
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Article, Illustration416 1991-11-07 28 Reuter STOCKS extended Tuesday's losses to end lower in thin trade yesterday. A dull bond market, weaker yen and lack of fresh news undermined prices, brokers said. Fears that a long-expected discount rate cut may be delayed also hit sentiment, they added. "The marketReuter - 416 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration1027 1991-11-07 28 Reuter THE Hang Seng Index closed at a new record high for a second straight day, rising 27.03 to 4,173.57 in active trade yesterday, brokers said. But profit-taking emerged in the afternoon to erode earlier gains which boosted the blue chip indicator to anReuter - 1,027 words
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REGIONAL STOCK MARKETS
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Aussie 17-day rally ends despite rate cut
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Article311 1991-11-07 29 Australian stock market's 17-day fally came to an abrupt end yesterday the Reserve Bank's move to cut jjjsh rates by one percentage point. Brokers reported widespread profititaking after the RBA failed to satisfy market hopes of a full 1.5 per cent cut. tash rates were reduced to 8.5 per311 words
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Article197 1991-11-07 29 SHARE PRICES in the Philippines rose as traders got accustomed to the idea that former first lady Imelda Marcos had returned to the country, brokers said. The Manila Stock Exchange Composite Index closed at 1,038.11 points yesterday, up 6.37 from Tuesday's 1,031.74. Investors began to feel more at ease197 words
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Article538 1991-11-07 29 TAIWAN stocks closed mixed to higher yesterday in fairly active trade after a wave of profit-taking before the close erased earlier gains. The Weighted Index ended 7.16 points higher at 4,430.59 on turnover of NT529.7 billion, up from' Tuesday's $23.83 billion and the largest for more than five weeks.538 words
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Article192 1991-11-07 29 SEOUL stocks achieved a technical rebound yesterday in slow and thin trading after losing more than 30 points during the five previous trading days, brokers said. Ssangyong Securities analyst Park Sang-ick said rumours that the Finance Ministry had instructed Korea Exchange Bank (KEB) to buy shares with half of192 words
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Article144 1991-11-07 29 INDICES TURNOVER ClOM No* 6 Pn«MNH AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1,679 2.615 4 964 113.6 1.692.7 2,635 8 972.6 75.3 -137 -20.4 -86 38 3 NEW ZEALAND NZSE-40 Capital Turnover (million) 1554.22 unav 1551.31 2.91 MANILA Composite Index Turnover (million) 1.038. II144 words
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Page 29 Advertisements
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Advertisement21 1991-11-07 29 SPH Shine Company Research The smart addition to your research department is only a phone call away Telephone: *****63, *****66, *****8921 words
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WORLD STOCK MARKETS
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Dow off 14.31pts, broad market stronger
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Article, Illustration237 1991-11-07 30 BLUE-CHIP stocks fell in choppy trading Tuesday, but the broad market was stronger. The Dow Jones Industrial Average was off by 14.31 points, to 3,031.31, with a decline for Walt Disney accounting for more than half the toss. Volume on the New York Stock Exchange was a moderate237 words
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Article, Illustration183 1991-11-07 30 SHARE prices finished higher on the London Stock Exchange on Tuesday, but off the day's best levels, as news of the suspension of Maxwell Communication Corp shares and a weak early performance on Wall Street took effect. Maxwell Communication said its chairman Robert Maxwell was lost at sea, and183 words
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Article127 1991-11-07 30 DUTCH shares ended firmer on Tuesday in moderate trade in a partial recovery from recent losses, dealers said. A slightly higher dollar, a stronger London bourse and some short covering supported the market. "Prices had fallen too much in recent days," said Willem Jan Hilhorst of brokerage Schretlen. The127 words
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Article226 1991-11-07 30 GERMAN shares came back from recent weakness with a 0.4 per cent rise yesterday which dealers hoped could pave the way for further small gains later this week, following four days of depressed prices. But traders said continued low volumes could prevent the market from building on Tuesday's gains,226 words
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Article123 1991-11-07 30 FRENCH share prices fluctuated on either side of Monday's close in quiet early trade on Tuesday. Traders said doubts about the strength of the US economic recovery continued to weigh on values but that the steadier tone in bond prices and the French franc provided some support. The CAC-40123 words
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Article152 1991-11-07 30 ITALIAN shares closed little changed on Tuesday with prices ticking slightly higher in late trading, although brokers said the market remained apathetic. Dealers said the market picked up near the close on the back of the stronger performance of Pirelli SpA and Montedison. In the shorter term, the suspension152 words
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Article187 1991-11-07 30 SWISS shares ended higher on Tuesday as buying set in the afternoon based on slightly lower interest rates and favourable company results, dealers said. But some dealers were uncertain whether the upswing was more than a technical correction from recent falls. "Tomorrow's market will depened upon Wall Street's performance,"187 words
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Article136 1991-11-07 30 SWEDISH share prices closed slightly weaker on Tuesday in slack trade but above the day's lows. The Stockholm bourse general index fell 0.04 per cent to 1,003.35 in low turnover of 209 mil- lion crowns. Blue chips lost 0.16 per cent. I Sweden's government on Tuesdays proposed annual spending136 words
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Article182 1991-11-07 30 STRENGTH in interest-rate-sensitive issues and blue chips kept Toronto, stocks firm on Tuesday. "It looks like, we outpaced our buddies down south, for a change," one trader said about the downturn on the Dow Jones. The TSE 300 composite index unof.. ficially closed up 13.9 points at 3,525.7,: after182 words
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Article79 1991-11-07 30 INDICES TURNOVER NEW YORK Close Previous Nov 5 Dow Jones S&P 500 Turnover (million) 3.031.31 388.71 172.1 3.045.62 390.28 155.7 -14.31 -1.57 16.4 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.948.1 2,540.9 528.7 1.935.3 12.8 2.527.8 +13.1 366.4 +162.3 FRANKFURT DAX Index 1.576.12 1.570.21 5.91 AMSTERDAM EOE Index 273.2879 words
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Page 30 Advertisements
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Advertisement17 1991-11-07 30 Executive Jobs every I Saturday '4. in Business pv 1 Times Innovation Technology in BT every Tuesday17 words
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CURRENCY, MONEY & FUTURES MARKETS
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1228 1991-11-07 31 REPORTS AStA t*......;, Tokyo: The dollar weakened against the yen from early Asian highs but hovered just above its New York close. It stayed firmer against the mark. Long liquidation emerged in the late afternoon when a lack of follow-through1,228 words
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Article62 1991-11-07 31 Source: UOB Source: Astley Pearce es n Bid Offer 1-month 1.6772 1.6787 2-month 1.6755 1.6770 3-month 1.6744 1.6759 6-month 1.6720 1.6740 OCBC Exchange Rate Index Nov 6 The OCBC trade-weighted index for the Singapore dollar was up 0.07 per i cent to 135.68. The index is calculated62 words
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Article39 1991-11-07 31 Rates quoted by Astley Pearce Rates quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore Central hank discount rales Average of 12 banks, float Source: National Westminster Bank Source: National Westminster Bank39 words
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415 1991-11-07 31 Reuter LONDON The sterling government bond (gilts) market looks more attractive now than at any time since Big Bang in October 1986, traders said. "The likelihood of very large deficits, which will mean heavy issuance in the gilt market, makes the market lookReuter - 415 words
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367 1991-11-07 31 Reuter AMSTERDAM European equity funds, once the rage among individual investors, are getting the cold shoulder these days and their popularity is unlikely to revive until Europe's bourses do, analysts and industry executives said. "These funds have lost much of their charisma. Europe hasn't beenReuter - 367 words
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Article17 1991-11-07 31 Note: Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchangee17 words
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Page 31 Advertisements
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Advertisement7 1991-11-07 31 Innovation Technology in Business Times on Tuesday7 words
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CURRENCY/COMMODITIES
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290 1991-11-07 32 BANGKOK A large increase in overseas demand is expected to give a boost to Thai rice exports next year, according to a survey of Thai traders, the Bangkok Post has reported. Most major rice exporters believe that large-scale government intervention in the290 words
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411 1991-11-07 32 Reuter SYDNEY The Sydney Futures Exchange (SFE) said it plans to introduce two additional wool futures contracts in early 1992 to allow traders to deal in fine and coarse wools. The contracts are for fine 20-micron wools and coarser 24-micronReuter - 411 words
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799 1991-11-07 32 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market rose six sen to MS 14.80 per kg yesterday on good buying interest. Dealers said the local market took its cue from the London Metal Exchange which closed US$2O steadier overnight. The799 words
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Article411 1991-11-07 32 Palm Oil Nov 6 Opening Buying Sett Av T/over Selling Price Price High Low (lots) O/p 1100 hrs Nov 91 Dec 92 Jan 92 Feb 92 Mar 92 Apr 92 May 92 Jul 92 Sep 92 862N 873N 880 890N 892N 89IN 89IN 89IN 893N 882N 869 870 871411 words
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Page 32 Advertisements
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Advertisement465 1991-11-07 32 BUSINESS TIMES NOTICES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 PARKWAY HOLDINGS LTD 5530,000,000 Guaranteed Floating Rate Notes Due 1993 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period 6 November 1991 to 6 February 1992, the Notes will carry a rate of interest of465 words
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Advertisement383 1991-11-07 32 OFFICIAL NOTICE l'UOl'Os TO II \\(.l Ol MIIP s Ml We, Seaway Marine Services Pte Ltd of 10, Qarlick Avenue, Singapore 1027 hereby give notice that we have applied to the Registrar of Singapore Ships under Section 386 of the Merchant Shipping Act (Chapter 179) in respect, of the ship383 words
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Advertisement6 1991-11-07 32 Innovation Technology in BT every Tuesday6 words
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Article1178 1991-11-07 33 City Flight ETA Flight ETI I J GA975 GA887 1 1 300 415 GA894 234< AdtUide Amsterdam KL834 2305 Auckland NZ25 1530 BA1 1 NZ28 SQ325 ~22~i 64S 221E Bahrain GF148 0915 Sari Bagawan Bangkok BI421 SQ181 BI429 QF6 SQ69 TG403 QF062 SQ061 TG413 CX713 SQ251,178 words
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THE TRAVEL PAGE
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Article, Illustration623 1991-11-07 33 Sree Kumar - LETTER FROM ATHENS By Sree Kumar Athens is a dying city and everybody knows it. A haze of pollutants hangs over the city for most of the day. Most of this dry, grey dust settles on everything cars, roadsides, buildings. Added to this,623 words
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Article12 1991-11-07 33 Source: Republic National Bank of New York (S) Ltd12 words
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Article85 1991-11-07 33 Duration Title Venue Organiser Tel Duration Title Venue urganiser Tel Oct 30International Santiago. Feria Internac********** Recycling Environmental Nov 10 Trade Fair of Chile ional De Tcch nolog\ Santiago. Chile Santiago ********** Nov 6-9 International Spain Feria Intemac*****5400 Nov 4-8 International Sarajevo. Dp Centre Iron Steel ional De85 words
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Page 33 Advertisements
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Advertisement16 1991-11-07 33 Say goodbye to sSt*\ every Monday and Tuesday. With Finnair's new schedule. Call *****77 for details.16 words
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Advertisement41 1991-11-07 33 HEROINE SISI^a Sisterly love hits a touching note as one gives the other a kidney. The story of Ng Choy Yin (extreme right) donating her kidney to her sis Chui Koon (left). k NEW, NEWS. NEWSY From lunch-time. Monday to Saturday.41 words
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Page 33 Miscellaneous
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Miscellaneous302 1991-11-07 33 CRYPTIC CROSSWORD ACROSS "1 Old Chinese mother acting dumb? (7) 5 Meals to take out (7) 9 A woman should receive a number, one feels (7) 10 Parking under cover, protected from inclement weather (7) 11 Record concerning daughter it will bring censure (9) 12 Stresses retreating glacial ice (5)302 words
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Miscellaneous86 1991-11-07 33 WEATHER Singapore Outlook: Cloudy with occasional showers Report: Maximum temperature 28.6 Assoc humidity 81% Minimum temperature 24.1 Assoc humidity 94% Hours of sunshine 0.00 Rainfall in mm Trace Rainfall this month 0.2 Rainy days this month I World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/14 Showers Bangkok 32/23 Cloudy Beijing 08/-286 words
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Miscellaneous50 1991-11-07 33 tinstcw: Pax]LDicte2£ GOOD HEAVENS' HOLP'NGS MAVC GjONC. TO THE./ u>P>UL' I'LL CMeC< loith my i>€ge.. j OF COORSe TH£y HftV£N'r) VGONE 8R0KE.... W KUBSISW tr» C, &£Ep n J? HCS ST»LL FLAWING^ HIS VIDEO Gftngp... \T S VAOR£ \N ©UNCIO\ P\NQ LQMiTe. I ASSOCIATED NEWSPAPERS LTD. IM2 IMI W-icKa^ 855350 words
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Article, Illustration458 1991-11-07 34 He is still undecided what course of action to take AP WASHINGTON US President George Bush said on Tuesday that cutting taxes to try to stimulate the economy would send interest rates "right out through the roof." Mr Bush, who hasAP - 458 words
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346 1991-11-07 34 Reuter TOKYO Asian governments were caught off guard on Wednesday by US President George Bush's decision to postpone his visit, but many put the best facc they could on the news and said they hoped the trip could be rescheduled soon. The PresidentReuter - 346 words
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74 1991-11-07 34 SINGAPORE When asked for his reaction to the announcement that President George Bush had postponed his visit to Asia, a Ministry of Foreign Affairs spokesman said: "We understand why President Bush has had to postpone his visit to Asia. We look forward74 words
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271 1991-11-07 34 AFP HANOI Vietnam, strapped for hard currency to finance imports, has ordered all public and private Vietnamese firms to deposit their foreign exchange earnings directly in state-owned banks. The directive from the Council of Ministers published yesterday in the official Nhan Dan daily,AFP - 271 words
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514 1991-11-07 34 AFP SYDNEY Contrary to popular stereotypes, workers in Japan are the most dissatisfied with their wages and working environment while those in Singapore and Australia arc the most contented, according to a major survey. Organisers of the survey of workers in Australia,AFP - 514 words
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Article, Illustration726 1991-11-07 34 LEE HAN SHIH; LEE HAN SHIH - The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT eorrespondent THE recent tussle between the Hong Leong group and those individuals who want to preserve the Crescent Flats at Meyer Road has highlighted a basic problem of conservation726 words
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Article127 1991-11-07 34 AFP BANGKOK A Thai-Cam-bodian joint venture has won a contract to operate flights between Phnom Penh and Bangkok and to renovate the famous Grand Hotel near the Cambodian temples at Angkor, company officials said yesterday. S K Airline launched an inaugural flight on Nov 1 andAFP - 127 words
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Page 34 Advertisements
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Advertisement97 1991-11-07 34 Nikon The World's Finest Photographic System Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. N5310 We want to inspire people with chairs which display corporate identity: The superb, clean lines of the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating facilities with functions which preserve97 words
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Advertisement204 1991-11-07 34 Nikon The World's Finest Photographic System Regulations for Banks and Merchant Banks A Seminar for Operations and Finance Personnel In a dynamic environment, it is important to take a fresh look at regulations and assess its impact on banking operations. The seminar will address banking regulations and systems of internal204 words
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ShippingTimes
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Article, Illustration407 1991-11-07 35 Selva Kumar - By Selva Kumar SINGAPORE Having completed the installation of a floating storage and offloading system in Vietnam, listed Sembawang Maritime Ltd (SML) is now confident of getting a second similar offshore contracting project in the near future. Announcing this yesterday, Mr Lai407 words
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142 1991-11-07 35 Reuter SYDNEY It's been a traumatic year for Australia's domestic airlines, forced to fly deregulated skies and fight price wars to win a passenger market hungry for bargains. A year of deregulation has created rivers of red ink on airline balance books and transformed theReuter - 142 words
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234 1991-11-07 35 New AT T cables will more than double traffic NYT NEw YORK Anticipating a huge rise in business telephone traffic between the United States and Europe, AT T said on Monday that it planned to lay two 4,500mile (7,200 km) undersea cables in the Atlantic Ocean that will more thanNYT - 234 words
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236 1991-11-07 35 AFP BEIJING Work is under way to rebuild railway lines between China and Vietnam that have been closed for 12 years, as the two countries normalise relations, the official China Daily newspaper said on Tuesday. It said that work began in mid-October on 13AFP - 236 words
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259 1991-11-07 35 Reuter ANCHORAGE A marriage of convenience between two Alaska-based airlines has dissolved in a bitter divorce, spewing a lawsuit and plans for a flood of new competing in-state flights. Alaska Airlines and Mark Air Inc, Alaska's largest instate carrier, severed a cooperative relationship lateReuter - 259 words
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130 1991-11-07 35 AFP SYDNEY The Australian bulk carrier Capricornia was boarded by pirates as it steamed towards Singapore in the South China Sea early yesterday, its owners said. The captain of the 75,000 tonne ship, owned by the Australian transport multi-nation-al TNT Ltd, was understood to haveAFP - 130 words
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NEWS SUMMARY
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Article37 1991-11-07 35 SEA-LAND Services Inc brightened a gloomy second quarter for CSX. Sea-Land's, operating income was up 11 per cent, making it the only CSX unit to improve on its 1990 second quarter operating income Page 237 words
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44 1991-11-07 35 VOLKSWAGEN AG has seemed almost immune to the vagaries of the world market for much of the last two years. But Western Germany's economy has cooled in recent months, as domestic demand wanes and exports remain weak Back Page44 words
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48 1991-11-07 35 NEGOTIATIONS started on Tuesday at Renault, the French state-owned car-maker, after riot police forced open a blockade by strikers at the group's main gearbox and engine plant, allowing production to restart at a reduced rate at the Cleon plant Back Page48 words
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54 1991-11-07 35 Rail services for some 30.000 New Jersey transit commuters and intercity passengers on Amtrak's North-east Corridor was shut down for more than two hours on Monday afternoon when a tractor-trailer truck carrying hazardous chemicals struck and became wedged under a railroad bridge in Elizabeth,54 words
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LOGBOOK
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81 1991-11-07 36 tAGOS Nigeria Airways workers wore their underwear outside their clothes and their shirts and dresses inside out and back to front on Tuesday, the airline's spokesman said. '|They say it's a form of protest to press their demand for conditions of service," Mr Chris81 words
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Article67 1991-11-07 36 SAN DIEGO General Dynamics Corp said it will delay the" planned Nov 14 launch of a commercial Atlas II rocket 3nd its communications satellite payload because of potentially faulty transistors. General Dynamics said recent factory tests indicated that transistors in the space vehicle's inertial navigation67 words
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Article65 1991-11-07 36 WASHINGTON McCaw Cellular Communications said it has reached a joint marketing agreement with International BtUiness Machines that will provide cellular service for IBM customers who purchase the IBM PC radio that will be brought to market soon. McCaw said it was the first cellular Service65 words
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Article71 1991-11-07 36 WASHINGTON Atlantic Coast Airlines, which operates 4s United Express under a comprehensive marketing agreement with UAL Corp's United Airlines, said its October traffic gained over the 1990 period. The privately held airline s&id its October load factor rose to 42.5 per cent from 42.2 per71 words
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Article60 1991-11-07 36 MONTREAL An engine-room fire broke out on the refrigerator ship Casablanca, which was sailing 180 nautical miles south of Halifax with a crew of 12, an officer with the (Canadian Armed Forces said. Two Hercules rescue planes 4ihJ a Labrador helicopter have approached the ship and60 words
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Article69 1991-11-07 36 NEW YORK Turner Corp said it has started construction qn two projects for Boeing Commercial Airplane Group. It is building a 170,000 sq ft addition to an existing building in Portland a light manufacturing facility where Boeing will machine metallic airplane parts. Turner also said69 words
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Article, Illustration1007 1991-11-07 36 William Warren - Sea-Land brightened a gloomy second quarter for CSX. William Warren reports William Warren American Shipper CSX Corp's second quarter earnings presentation showcased Sea-Land Service Inc's strong financial results and new ventures. The July presentation before New York financial analysts was a testimonial to Alex Mandl's success in managementAmerican Shipper - 1,007 words
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Article361 1991-11-07 36 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, sfiows price ranges in US dollars instead of single prices for a mpie comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and361 words
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Article591 1991-11-07 36 PACIFIC time-charter and capesize rates on Tuesday were firmer in the dry cargo freight market after Japanese charterers returned from their holiday on Monday, brokers said. The Baltic Freight Index rose three points to 1,656 with Pacific routes being the main beneficiaries and all capcsizc voyages showing light591 words
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Article10239 1991-11-07 44 This is a list of ships loading v»i at Singapore for ports around Nc the world. It tabulates, by destination, the name of the Ba ship, the shipping line involved and the estimated n, dates of arrival and departure \i from the Port of Singapore. Advanced dates10,239 words
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Article3301 1991-11-07 49 Containeriine NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord (.■roup: Accord Shpg Pte Ltd (Sy Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) \hrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred3,301 words
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Article242 1991-11-07 49 Abacus Couriers Tel: 545-8011. Fa*: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Liak International Tel: 344-3377. Fax: *****50. Ouster link Supplies Services Tel:242 words
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Article1532 1991-11-07 49 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Kx press Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50.1,532 words
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Article1331 1991-11-07 50 SHIP SALES TANKER RATES VESSELS ON OfFER Bulk Carriers Pan Maple: 117,805 dwt and built Jan 1973 Uddevallavarvet. best offers invited. Angelic Protector: 77,961 dwt and built Jan 1977 Mitsui, need U5514,000,000 nett. Mosriver 34,196 dwt and built July 1972 Osaka, trying in excess of U554,500,000. Pontiaki Ooxa: 27,042 dwt1,331 words
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Article3204 1991-11-07 50 AUSTRALIA Queensland-Abbot Point: Coal: berth vacant 3 vessels due by Oct 31 no delays. Hay Point: Coal: I vessel loading; 2 waiting; 5 vessels due by Nov 8 approximate 2 days delays. Dairympie Bay: 1 vessel loading; 7 vessels due by Nov 5 approximate 1 day delay. Gladstone:3,204 words
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Article567 1991-11-07 50 ARRIVALS 1 DEPARTURES Op Might l>pe ETA 1 From Op Flight T>pe ETD T To TODAY TODAY V KAL KF697 B747F 01 50 1 SEL KAL KF.697 B747F 0440 1 BKK SI A SQX27 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F567 words
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Article606 1991-11-07 50 CRUISE FERRY SCHEDULES Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent NOV 07 07 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 09 09 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 10 10 Ocean Pearl 0700 2000 Cruise-To-Now here Borneo Shipping II II Cora Princess 1000 1800606 words
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SHIPS IN PORT
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Article208 1991-11-07 51 jonore ron Berth: 1: ml; 2: ml; 3: nil; 4; Cinchona; 5; Mahardi; 6: nil. 01 jetty: Khirurg Vishnevsky. Rosalie. DC* Kyoei Maru No 1. Due on Nov 6: Aurora Sky, Glory Selatan VI, Tristar I, Barge Josindo Satu, Bunga Gelang. Dim an Nov 7: Bow Queen.208 words
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427 1991-11-07 52 NYT BONN Volkswagen AG has seemed almost immune I to the vagaries of the world T market for much of the last two years. While sales and .earnings at other European car producers were declining dragged down by rising costs, increasing Japanese competition and sluggishNYT - 427 words
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343 1991-11-07 52 FT PARIS Negotiations started on Tuesday at Renault, the French state-owned carmaker, after riot police forced open a blockade by strikers at the group's main gearbox and engine plant, allowing production to restart at a reduced rate. Renault said the talks, helped byFT - 343 words
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247 1991-11-07 52 NYT NEW YORK Rail services for some 30,000 New Jersey transit commuters and intercity passengers on Amtrak's North-east Corridor was shut down for more than two hours on Monday afternoon when a tractor-trailer truck carrying hazardous chemicals struck and became wedged under a railroadNYT - 247 words
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Page 35 Advertisements
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Advertisement203 1991-11-07 35 On January 1, we make The people who run The East Asiatic Company of Denmark and Ben Line Containers of Scotland have put their heads together. They decided that if each of them could offer you dependable container transport, what couldn't they accomplish working together? So on January 1, EAC203 words
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Advertisement70 1991-11-07 35 THE A FAMOUS 5 HOT LINE 224 1833 For more information please refer to Pg. 12 Air Forwarders 15 A» Fmght Schedule It Cochett Report 2 Contamer Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Darfy Freights 2 Index to Advertisers 2 Port Conditions 16 Shippwg Agents 15 Slvppmg70 words
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Page 36 Advertisements
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Advertisement19 1991-11-07 36 m Umiim MrvkM nprMMtM by ■tf Km Registry «f towiM Vj For adverti\ing enquiries, contact Shipping limes lei 740-2IM/740-2<)9019 words
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Page 37 Advertisements
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Advertisement1491 1991-11-07 37 rt. Dedicated to Quality Service OOCL (S) PTE LTD JAROME SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****68 TERMINAL/CPS TEL: *****18 220 PESAKA JAROtNE BMPPMG AGENCIES SON. BHD PORT KELANG TEL: *****18 FAX *****91 *****88 PENANG TEL *****4 FAX: *****1 CFS TEL *****6 IPOH TEL *****3/4 FAX: *****61,491 words
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Advertisement1969 1991-11-07 37 MAERSK LINE WEEKLY SAILINGS TO MIDDLE EAST OCEAN BLESSING VOY. 105W ETA SIN 7/11/01 Voy ETA ETD Feeder by DESTINATIONS Mara 91<0 LOB cargo connecting Anders 9120 at HKG World Lynx/ Merkur Delia This week Mar it Maarsk 9110 CV 12/11 0000 MRS CFS 11/11 2359 MRS Port Kelang Penang1,969 words
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Page 38 Advertisements
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Advertisement460 1991-11-07 38 CONTAINER SERVICE FROM UK/CONTINENT ACCEPTANCE OF CARGO TO BREMERHAVEN VIA HAMBURG Agents: Singapore —HAPAG-LLOYD (SINGAPORE) PTE LTD Singapore *****00 e CFS *****48 (C/R No: **********0 D) Malaysia Segani Agencies Sdn Bhd. K. Lumpur *****25 •P. Kelang *****18 CFS *****50 e Penang *****7/*****2 e JB 07-*****0, *****9. COMPAGNIE MARITIME D'AFFRETEMENT FULL460 words
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Advertisement466 1991-11-07 38 £§7 CSAV Compama SudAmericana Compama SudAmericana de Vaporea SA Chtlean Ltne Eat 1872 SEASPAC SERVICE CHWECT SOUTH PACIFIC SERVICE IMPERIAL 2901E8 SIN 27/11 NOU 11/12 SUV 14/12 PPT 20/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUAIOAFA MRECT CHILE/ SOUTH AMERICAN SERVICE SIN 27/11 IQQ 3/1466 words
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Advertisement1097 1991-11-07 38 Shipping Tlmw, Thiraday Nivember 7 If 1 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBdUND F6R EUROPE WSI/VOY NORASIA PEARL 9135 3 MORAS!* PRINCESS 9136-3 JAPAN SEA 137W CMNA SEA 13SW NORASIA SINGA 9139-3 SM 10/11 17/11 23/11 01/12 08/12 AIG 02/12 07/12 14/12 22/12 29/12 BCI HAM (MA ALG) 04/12 05/121,097 words
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Page 39 Advertisements
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Advertisement1195 1991-11-07 39 Steamers Maritime Holdings Ltd P&O Containers STRAITS SHIPPING East Malaysia, CONTAINER SERVICE TO UK CONTINENT SERVICE TO SABAH. SARAWAK BRUNEI m ni( hkoki #ru LAURA kMERSa 0112 02/11 04/11 01/11 OSAM MT 057? OC/U 01/11 LtlA MAERSK *114 00/11 10/11 10/11 TOKYO MT OS/4 13/11 10/11 REGMA MAERSK 9114 15/111,195 words
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Advertisement575 1991-11-07 39 CHO YANG LINE WEEKLY ROUND THE WORLD CONTAINER SERVICES TO: U.BJL/PANAMA FM: U.8.A./PANAMA MSSfI/VOT 1C CRI (06 SA» NO* NYC MSSU VOT NYC NOR SAV CRI lIS OU CHOTANG PARK CHOTANG WCIORT CHO YANG WOMO CHO YANG GIANT on SfMTOR CHO YANG GIORT be rim semto* rF 144 IF 145575 words
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Advertisement327 1991-11-07 39 Sun Hup Co (Pu) I til I.A- I I !:N <AH I INt'K 111 STRAITS/ JAPAN/ STRAITS SERVICE 10AMNC fOR TOKYO COSMIC CHALLENGER Vl7 ETA SPORE 11/11/91 ETA PK 13/11/91 LOADING FOR SENBOKU/ NACOYA COSMIC TRADER VJI ETA SPORE 18/11 ETA PK 29/11 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS327 words
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Page 40 Advertisements
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Advertisement465 1991-11-07 40 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE vsi/voy SMMMTA/Um STOtt 1/12 HMM/MMIM H'BURG BKMEN ANTWERP 6/1 12/1 16/1 21/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO ,ButH«ct lo Muc*m«nl. Al*o accepting cargo to Casablanca Port Said, Port Alexandria. Ganoa, Trlaata ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL465 words
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Advertisement972 1991-11-07 40 OHANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE r FDR VSI HANItN KAOHSIUNG 006E HANKN HAMBURG 008E HAN ON FELIXSTOWE 010E HANHN IE HAVRE 015E IME HAU M PROPITIOUS 028E H SAVANNAH 07% M PROSPERITY OIK H KOK OWE SAV AM NVC It/12 70/12 22/12972 words
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Advertisement66 1991-11-07 40 Ml TIARA LINK SHIPPING PI K I I I) 'V^taxs^h REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CARGO VESSEL, TUGS A BARGES SPECIALISE IN HEAVY-LOT. PROJECT CARGOES TO ALL INDONESIA MALAYSIA, THAILAND, MUPINE PORTS. OFFER CHARTERING OP66 words
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Advertisement1323 1991-11-07 40 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 5?,. 5!.. 2?.. SP. ,T0 IU 08 **c lm* mm m w hog r% as m 7/11/1 9/1 10/1 12/1 a/1 1/2 s/i 9/2 14/1 IS/1 16/1 17/1 19/1 21/1 1/2 12/2 13/2 nzi. 21/1 0/1 a/l M l 5/1 w/ n/l i 17/12 H/121,323 words
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Page 41 Advertisements
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Advertisement1348 1991-11-07 41 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: USA SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE FAR EAST SERVICE *****16 *****19 *****18 *****48 NEPTUNELINK TEL *****00 TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 CFS K27 EXPORT *****53/*****04 CFS K27 IMPORT *****69/*****50 NEPLINE SON BHD MALAYSIA K.L.-(03) *****33, P Kelang-(03) *****87,1,348 words
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Advertisement397 1991-11-07 41 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) BALT ORIENT LINE Vm"'" FULL CONTAINERSHIP SERVICES 0 f» OBCHMHZ (Ml HIIMHIII KM HMDUK MIMT MR KntMMM BUM LISBON397 words
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Page 42 Advertisements
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Advertisement1280 1991-11-07 42 K K line: KAWASAKI KISEN KAISHA, LTD INOONESIA: AS AGENTS: MALAYSIA: ICR No: **********0 M) KAWASAKI SINGAPORE (FTC) LTD TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 "K" LINE MARITIME (MALAYSIA) SON MHO TEL: SA *****00 PK *****01/5 PENANQ *****0 JB *****1. W.T SAftANA LAUT INTtRNUSA. TEL: JKT *****78. *****77. *****08EXPORT1,280 words
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Advertisement862 1991-11-07 42 9 PHILI-OM€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 #720 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION M.EAST MEDITERRANEAN CONVENTIONAL H I LCL SERVICE 16 NOV DUBAI, OAMMAN.862 words
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Page 43 Advertisements
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Advertisement761 1991-11-07 43 PACIFIC INTERNATIONAL UNES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106. REGIONAL CONTAINER SERVICES [TAIWAN VOY SIN Ksb 101 3/12 ■as*-; VESSEL KOTA SABAS KOTA SUMA VESSEL KOTA RAKYAT KOTA RAKYAT vov am BLW pen sin •137 S/11 IS/11 IT/11 IS/11 |13t IS/11 >2/11 23/11 28/11 [HOCHI M)NH761 words
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Advertisement646 1991-11-07 43 BEN LINE CONTAINERS LTD 200 Cantonment Road #13-05 Southpoint Singapore 0208. Tel: *****22 Fax: *****63 Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE FRANCE ROTTERDAM HOLLAND S'HAMPTON UK HAMBURG GERMANY/SCAN GOTHENBURG SWEDEN Kofngan' 398 In Pi 24/11 25/11 26/11 28/11 Nihont 396 7/11 28/11 29/11 NedHoyd Drift 408 12/11 28/11646 words
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Advertisement302 1991-11-07 43 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Myanmar National Una) i Loading for Yangon (Rangoon) S port P.KIf Pw f "C man VUM 10/13 N«I HPA AN VIS9N IS/2S N»» rWYft Vlltw 23/25 No* PAGAN VI7(W 2S/2S N»» MPAAN VI7OW 30/2 o*c F THE BANK UNE (A Mfvic* ol Andrew302 words
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Page 45 Advertisements
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Advertisement415 1991-11-07 45 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY LE HAvwE(i)rpA«K» rwAnrrow<») Krtwo<4) o-aowo (»> B. Sarafa/N B broi/K B. Saraia/N 8 Saraia/N B. Saraia/N B. Saraja/N a. UniM/m B. Saraja/N (I) fan. «Z> (D 71/11 (5) turn, SliiMnX. M. I TO RED SEA EAST MEDITERRANEAN WEEKLY P.KLAMQ PCNANQ OCEAN VESSEL jco L'SftOL pniaeus415 words
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Advertisement166 1991-11-07 45 MEDLLOYD EUROPE Nedlloyd Lines SERVICE OFFERS YOU 21 DA YS TO GOTHEMRURG jgrNedlloyd NEW ZEAUNO/FUI I] VESSEL N. Rosano/9126S N Rotterdam 9128S N Rouen 9129S Jit 18/114 23/11 2/12 M| 16/11 f 25/11 5/12 10/11 25/11 4/12 10/11 25/11 4/12 Sin 15/11 27/11 6/12 STuya 19/11 30/11 9/12 4/12 13/12166 words
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Page 46 Advertisements
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Advertisement516 1991-11-07 46 TO AUSTRALIA/NEW ZEALAND Mum* I 711 ELLEN HUNG 212 C VtROIME 2(4 TO USA/CANADA GuH foil Charleston fMxMphij HjMji MARTHA I 211 EUEN HUK 2»2 C VEROIME 284 J/1 21/2 21/2 Also accepting cars* <®> USA Houston. Savannah. Norfolk. Baltimore Now York CANADA -Montreal. Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN (,I \IR \l516 words
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Advertisement375 1991-11-07 46 T.S.K. LINE (TOKYO SENPAKU KAISHA, LTD) S TOKI AGENT TSKLINE AGENCIES (S) PTE LTD 70 SHENEON WAY #04-01 MARINA HOUSE STORE 0207 TEL: *****63 LAX: *****72/3 TLX: ***** TSKSIN EXPORTS TO HONGKONG, TAINAN, MANILA t JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE AC* JAM ACX RUBY (ALSO ACCEPTING fCI 10 WROSHMA)375 words
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Advertisement875 1991-11-07 46 a «s CHINA OCEAN SHIPPING COMPANY FULL CONTAINRR LINER SERVICE MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SON BHD M. TEL: *****91/17 f«: «4W»2. ***** t KLANG TCI 3MSIM/S Til HI ***** PENANG Til *****1 TU: MA ***** GUAN GUAN SHAPING SON BHD PJdANG TEL: *****00/7. *****55 FAX 03 *****04 TU: IM875 words
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Page 47 Advertisements
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Advertisement544 1991-11-07 47 CTE SHIPPING (S) PTE LTD 1 i NEW BRIDGF ROAD -09 06 CHINATOWN f'OINT 5 (oios} ROTTERDAM "HANJIN SEATTLE" V.020W ALSO ACCEPTING CARGO TO OTHER EUROPE INLAND DESTINATIONS. OFFERING VERY COMPETITIVE RATES DO NOT HESITATE CALL NOW! For booking 8> enquiries please contact Sophia Bay or Katfilyn Toy Tel: 3380544 words
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Advertisement249 1991-11-07 47 m RICHFIELD MARINE A6ENCIES (S) ME LTD TEL: *****33 (12 Llnoa) FAX: ***** IS/*****03 TELEX: R3 ***** RISHIP (3 Lln«s) ETMHM SNTTM IMS (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL BKIBU HUNG UNE i i FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO249 words
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Advertisement679 1991-11-07 47 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD FOR BOOKINGS ft ENQUIRIES PLEASE CONTACT: SINGAPORE SEAWARD SHIPPING i TRADING CO (S) PTE LTD 1111. INTERNATIONAL PLA2A ANSON ROAD. SINGAPORE 0207 TEL *****77 (5 LINES) PORT KELANG ORIENTAL SNIPPING CORPORATION TEL K l. *****M***** PORT KELANG B7MI KUANTAN 09S *****3/4 PASIR679 words
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Advertisement315 1991-11-07 47 irr> Regional "ontaiikT Line lAKARTA BANGKOK •NANG/PT. KELANG KUANTAN/SONGKHLA (»R1 A I UK,ION SHIITINC, CO. I' 11 1 I D HOOKINi. Ill: 2200 vs.s im-uri VSL VOY SINGAPORE MADRAS BMQAPOME VESSEL VOY SM MM SM TIGER SIM 17SN OS-09/11 15-17/11 23-24/11 TIGER MY 179N 10-18/11 24-20/11 02-03/12 TIGER SHARK 03N315 words
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Page 48 Advertisements
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Advertisement385 1991-11-07 48 C'DPfcDC: EXPORT: *****22 O nunc IMPORT: *****02 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 PEN PK sm 5/11 6/11 7/11 LM/Rv/fMm/Aat 10/11 11/U 12/11 GoflMf*vt/StQckhota/o*> 12/11 13/11 14/11 Ptatn/lMri/TriMtf 8/11 9/11 10/11 Sy4/lMb/fci385 words
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Advertisement330 1991-11-07 48 AUSTASIA LINE MERLION SHIPPING AGENCY I l NEW BLUE STAR LINE SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS PROTECT 15S 9/11 050# 19/11 15S 21/11 m. i#/ it 39/11 9/11 AKI ITT SIN VIA NPL 21/11 S/12 «M NPL 2/12 29/12 VM330 words
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Advertisement668 1991-11-07 48 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 VESSEL EQUATOR STAR EQUATOR RUBY VOY PUS 5/9 IS 08/11 5/91S 2S/11 KEE HKG SIN 11/11 16/11 28/11 03/12 POM668 words
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Page 51 Advertisements
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Advertisement120 1991-11-07 51 ScalpeLscissors._sutures~. Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. 4 In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in120 words
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Page 51 Miscellaneous
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Miscellaneous358 1991-11-07 51 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 0100 ******************************00 **********00 2000 2100 2200 2300 JR 2.7 26 21 16 1.3 10 09 1 1 16 23 29 31 30 2 7 21 14 09 05 03 03 06 1.2 19358 words
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Page 52 Advertisements
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Advertisement281 1991-11-07 52 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. I FULLY CONTAINERISED TRANSPACIFIC SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICES FOR ENQUIRIES, PLS CALL *****41, *****64 CR: **********00 PSA OPERATOR'S CODE: HY CONVENTIONAL SERVICES TO MIDDLE-EAST SIN ARTEMISION VOIOA 12/11 TO USA MLALI RADIANT VENTURE TO KOREA OEORGIOB281 words
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Advertisement147 1991-11-07 52 PT. CELEBES LINES dedicated common feeder service to from INDONESIA Also accepts LCL FCL to Surabaya only General Agents: Common Freight Carriers pte ltd. 7 KEPPEL ROM) #01 26 TANKING PAGAR COMPLEX SINGAPORE 0201 TEL: *****55 TELEX: RS ***** FAX: *****92. *****69 dc CM CR-**********0N CFC JOSINDO TWICE WEEKLY SAILINGS147 words
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Advertisement322 1991-11-07 52 CHARTPOINT Every Saturday in Business Times 'VISA FREIGHT SERVICES PTE LTD^J Established Sine* 1984 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Port-of-Call Los Angeles Chicago New York (Accepting all inland destinations via Los Angeles New York) Europe Port of Call322 words
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