The Business Times, 8 November 1991

Microfilm: NL17723
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    17 1 BusinessTimes MCI (P) 16/12/90 Friday, November 8, 1991 THE HI SIN ESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Hawker Siddeley dismisses improved BTR bid
      49 1 LONDON British engineering group Hawker Siddeley yesterday rejeeted as symbolie an improved takeover bid from British conglomerate BTR of £1.55 billion (554.62 billion) up from £1.5 billion. The company said it would continue to fight the offer, which BTR had said was final.
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    • Article
      Soviet Reds protest against Gorbachev
      42 1 MOSCOW Thousands of communist die-hards shouting for Soviet President Mikhail Gorbachev to be put on trial crowded into Red Square yesterday in a bizarre demonstration of loyalty to Lenin on the 74th anniversary of the Bolshevik revolution.
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    • Article
      Slowdown into 1992
      21 1 THE slowdown in the Singapore economy is expected to drag on into 1992, predict research houses Page 2
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    • Article
      Directors charged
      34 1 DIRECTORS of a major Australian group that has built thousands of Singapore's Housing and Development Board fiats have been charged by the Australian Securities Commission with breaches of corporate law Page 3
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    • Article
      Guarantee expected
      26 1 MOROCCAN businessman Elyamani Khamis is expected to submit the required bankers' guarantee to the Sentosa Development Corporation for his two Sentosa projects Page 4
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    • Article
      Boost from zone
      25 1 THE proposed economic zone in southern Thailand is expected to help spur a link-up with neighbouring Malaysia and even Indonesia Page 9
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    • Article
      Call for more action
      35 1 MORE action may be needed to pep up the US economy and to avoid a return to recession, said economists, following the Fed's decision to cut its discount rate Page 10
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    • Article
      ICI means business
      17 1 UK-BASED ICI is very serious about "vigilance" in the sale of pesticides Page 13
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    • Article
      Poised lor disposals
      24 1 MAXWELL Communication Corporation is said to be on the verge of disposals worth more than US$4OO million (***** million) Page 17
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    • Article
      Keppel ends talks
      26 1 KEPPEL CORPORATION has ended its one-year-old negotiations with the Gibraltar government for a contract to manage the Gibrepair Shipyard. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      27 1 WALL STREET opened slightly higher yesterday w>th the Dow Jones Industrials Index posting a 0.22-point gain to 3,038.68 in the first five minutes of trading.
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    • Article
      Footsie higher
      38 1 LONDON shares were higher at midday yesterday, boosted by optimism that there will be further British interest rate cuts. At 1200 GMT. the FTSE 100-Sharc Index was up 10.4 points, or 0.4 per cent, at 2,544.6.
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    • Article
      Guidelines from KL
      22 1 THE MALAYSIAN authorities are expected to draw up new guidelines for foreign securities houses with local offices Page 6
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    • Article
      Bid for phone licence
      30 1 HUTCHISON Whampoa Ltd and American Telephone Telegraph Co have teamed up to bid for a licence to operate a second telephone system in Australia Page 6
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    • Article
      News Corp gets boost
      32 1 NEWS Corp Ltd enjoyed better first-quarter results, thanks to higher profits from its US Twentieth Century Fox Film subsidiary and improved newspaper operations in the UK Page 6
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    • Article
      Loan for Java project
      25 1 MITSUBISHI Bank is arranging a USS47O million (*****.66 million) loan to part-finance a gas pipe project in East Java Page 8
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    • Article
      Changes at Salomon
      25 1 SALOMON Brothers has announced top management changes, including the impending departure of one of Wall Street's most powerful stock traders Page 8
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    • Article
      STOCK INDICES
      30 1 Ihursday Change BT-MGA 711.54 +1.34 Kuala Lumpur ...533.16 +1.49 Tokyo 24.446 76 -303.44 Hongkong 4.184.74 +11.17 Sydney 1.683.5 M.6 Wednesday Change New York 3.038.46 +7.15 London 2.534.2 -6.7
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    • Article
      CURRENCIES
      24 1 Exchange rates USS ss 1.6780 100 Yen SS 1.2908 MS SS 0.6120 Money market rates Overnight 3 5/8 -1/8 3-month 3 11/16% -1/8
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS355.30 USS0.90 Rubber S'pore Dec 138.25«/kg -0.50 M'sia Dec 224.50«/kg -0.50 KL Tin Turnover 59 tonnes +-19 Spot MSI4.83/kg f 0.03 Crude palm oil Turnover 1.639 lots +779 Jan MS87I/tonne -6
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  • Article
    Management of currency funds growing in S'pore
    455 1  -  Money placed with banks estimated at USssb By Chew Eng Han SINGAPORE Currency fund management is becoming a multi-billion dollar business in Singapore, as more cash-rich corporations, institutions and individuals place funds with professional managers to invest in the lucrative foreign exchange market.
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  • Article, Illustration
    Hang Seng index climbs 11.17 points to new high
    296 1 THE Hongkong Hang Seng index rose for the third consecutive day yesterday, closing 11.17 points higher at a new record high of 4,184.71. The surge in the Hongkong bourse comes on the back of anti-inflationary measures introduced by the government on
    296 words
  • Article
    Malaysia raps US for asking Japan not to join EAEC
    313 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN leaders criticised the US yesterday over reports that Washington has formally requested Japan not to participate in the proposed East Asian Economic Caucus. "The United States has projected an image of championing democracy
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  • Article
    SICC members accept PUB's compromise proposal
    391 1 SINGAPORE Members of the Singapore Island Country Club yesterday voted overwhelmingly to accept the Public Utitilics Board's compromise proposal to change its membership rules. In an extra-ordinary general meeting at the Wcstin Hotel last night, 98 per cent of the 886 SICC members who
    391 words
  • Article
    3-month interbank rate falls below 4pc
    149 1 SINGAPORE Local interbank interest rates are continuing to slide in line with those in the US. The threemonth interbank rate fell to a three-vcar low of 3% per cent yesterday, while the sixmonth rate stood at 4 per cent. The three-month interbank was last
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  • Article
    Developers get new plot ratio control formula
    597 1  -  By Elaine Koh SINGAPORE Developers will be given greater scope for commereial plot ratio variations in the Orchard area and the Central Business District under a new formula based on proximity to MRT stations and lot sizes. The new method of plot ratio
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
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  • PAGE 2 NEWS
    • Article
      Slowdown in S'pore seen continuing into 1992
      352 2  -  GDP growth expected to drop to about 6pc from 6.75 pc this year By Chew Eng Han SINGAPORE The slowdown in the Singapore economy is expected to drag on to next year, with most research houses predicting average GDP growth of about 6
      352 words
    • Article, Illustration
      Forecasting model shows slightly slower growth in '92
      277 2 SINGAPORE The Singapore economy is likely to experience a mild slowdown next year, according to a private economic research firm, T ransearch. An econometrics model developed by three economists Dr David Lee from the National University of Singapore, Mr Eddy Lee from
      277 words
    • Article
      Merge within the region, Singapore firms urged
      270 2  -  By Sylvia Wong SINGAPORE l ocal companies interested in acquiring or merging with foreign companies have been advised to stay within the region. Professor Paul Hcaley. of the Massachusetts Institute of Technology's Sloan School of Management, said yesterday neighbouring economies such as those
      270 words
    • Article
      Lock icon Citibank sells NZ buildings to HK buyer
      122 2 Reuter AUCKLAND Citibank NA, a unit of Citicorp, said it had sold Auckland's 252room Auckland Centra Hotel, the 21-level Westpac office tower, a carpark and an undeveloped retail complex, to Hongkong interests. It did not further identify the buyer or give the price
      Reuter  -  122 words
    • Article
      Lock icon Japan to cut discount rate next week: report
      288 2 Reduction to 5.5 pc expected AFP TOKYO The Bank of Japan has dccidcd to cut its official discount rate next week, in spite of earlier speculation that the reduction will come this week, the Kyodo News Service reported yesterday. It quoted sources
      AFP  -  288 words
    • Article
      Lock icon HK inflation likely to stay at double-digit level
      368 2 Reuter HONGKONG Despite the Hongkong government's new anti-inflation package, economists say double-digit inflation will not ease before work on the colony's HKS9B.B billion (5521.3 billion) airport starts next year. "Inflation could easily shoot past 15 per cent when the airport works peak
      Reuter  -  368 words
    • Article
      Lock icon Malaysia's GDP up 8.7pc in second quarter
      255 2 Reuter KUALA LUMPUR Malaysia's real gross domestic product (GDP) expanded at I an annual rate of 8.7 per cent I in the second quarter of 1991 against 7.4 per cent in the I first, the central bank said. < Real GDP growth was,
      Reuter  -  255 words
    • Article
      Aussie building group's directors face charges
      383 3  -  Company built thousands of HDB flats in S'pore in the past From Geoffrey Harris in MELBOURNE DIRECTORS of a big Australian construction group that has built thousands of Singapore's HDB flats have been charged by the Australian Securities Commission with breaches of corporate law.
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    • Article
      Lock icon US House committee passes stripped-down banking Bill
      412 3 AP WASHINGTON A stripped-down banking Bill replenishing the government's deposit insurance fund has been adopted by the House Banking Committee. The 37-15 vote on Wednesday came two days after the full House of Representatives overwhelmingly rejected other, far more expansive banking legislation. That
      AP  -  412 words
    • Article
      Lock icon UK banks fighting proposed securitisation accounting rules
      348 3 Reuter LONDON British banks and other financial institutions arc fighting proposed accounting rules that would limit their ability to improve their balance sheets by selling loans in a process known as securitisation. The banks complain that the rules would make it hard for
      Reuter  -  348 words
    • Article, Illustration
      Lock icon IBM chairman sees scant profit growth for computer industry
      564 3 But the worst is behind Big Blue: Akers Reuter TOKYO International Business Machines Corp (IBM) chairman John Akers said yesterday the computer industry could well see zero profit growth in 1991 but Big Blue's worst times were behind it. "The computer
      Reuter  -  564 words
    • Article
      Lock icon Company appeals tariffs on LCD imports
      223 3 Reuter NEW YORK International Business Machines Corp (IBM) has filed an appeal to the US Court of International Trade, taking issue with a tariff imposed on imports of certain computer displayscreens, an IBM spokesman said. IBM sent its appeal to the New York-based court
      Reuter  -  223 words
  • Page 2 Advertisements
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    • Advertisement
      Page 2 Advertisements Column 2
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      134 3 VIETNAM ANNOUNCES SWEEPING FOOD REFORMS. B5 E7flK!]T| f)th Anniversary incentive: 20% off ala carte. November Bto 20. 1991. l me P 00 3 11 lh nk it s a revolution. Others say it's the new order of things. But whichever way you look at it. you'll save 20% off all
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      Page 3 Advertisements Column 2
      128 3 FOR THE WORLD'S MOST TREASURED WATCHES Montre Royale houses some of the world's most fashionable .""J'' The Cortina Watch i The place to purchase ;L outstanding timepieces like Montre 'Cj" r fj RoyaledeGeneve. W- IV-" T excellent four 8., K^r-ff^rrzi retail centres. Drop by soon to view the Montre I
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        PM to visit Boon Lay constituency
        42 4 PRIME MINISTER Goh C'hok long will visit Boon Lay constituency on Sunday as part of his programme of community visits. He will hold a dialogue session and tour the Boon Lay cooked-food centre and shopping centre.
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      • Article
        Yunnan governor on visit
        76 4 THE governor of China's Yunnan province. He Zhiqiang, arrived in Singapore yesterday for a six-day official visit at the invitation of the Deputy Prime Minister and Minister for Trade and Industry, Brigadier-General (Res) Lee Hsien Loong. During his visit, Mr He will discuss investment and tourism
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      • Article
        Defence technology awards
        59 4 THE Defence Minister, Dr Yeo Ning Hong, will present the Defence Technology Prizes and the Defence Technology Training Awards today to those who have made outstanding contributions to defence technology in Singapore. Thirty-sev-en engineers, scientists, computer professionals and technicians will receive the prize, while a further 11
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      • Article
        Report of findings
        62 4 THE 1990/91 Annual Assay Commission has presented the report of its findings to the Minister for Finance. The commission examined, tested and assayed 27,463 coins produced in 1990 and set aside for assay by the Singapore Mint. The coins included 334 numismatic pieces and 27,129 circulation coins.
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      • Article
        Japanese group donates $12,500
        54 4 JAPAN'S PHP (Peace and Happiness through Prosperity) Friendship Club Association has donated one million yen ($12,500) to the Asian Women's Welfare Association of the Community Chest. It is the fifth consecutive year that the association has donated such an amount to beneficiaries of the Community Chest
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    • Article
      Mah praises PSA workers for outstanding productivity
      280 4 THE Port of Singapore Authority's productivity, in terms of value-added per employee, is double that of the transport and communications sector and triple that of the Singapore economy. This achievement was highlighted by Communications Minister Mah Bow Tan last night at the PSA's
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    • Article
      Khamis Holdings likely to meet SDC deadline
      302 4  -  By Dawn Tan KHAMIS HOLDINGS is expected to meet the deadline set by Sentosa Development Corporation (SDC) to submit a bankers' guarantee today. The bankers' guarantee, amounting to $6.7 million, is to cover any liquidated damages and delays in guarantee payments, should they
      302 words
    • Article
      Telecom offers lower charges to US in new service
      209 4 SINGAPORE TELECOM has introduced a new service which could lower multinational companies' international telephone bills by up to 16 per cent. The service, called the corporate switched telecommunications network (CSTN), was announced by Telecom chairman Koh Boon Hwee at the commissioning
      209 words
    • Article
      Ken-Air buys video distribution company
      299 4  -  By Genevieve Cua TRAVEL group Ken-Air has acquired a video distribution company STY Entertainment, a move that further strengthens its foothold in the leisure industry. Ken-Air has invested about $1 million in a stake of more than 80 per cent in STY, and has plans
      299 words
    • Article
      Voluntary green labelling scheme to be launched soon
      323 4 A FOUR-DAY exhibition on the environment, Enviro Asia '91, was opened yesterday by Dr Ahmad Mattar, Minister for the Environment. Dr Mattar also announced that the Ministry of Environment will shortly be releasing a Singapore Green Plan containing policies and strategies to
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      358 4 A fter 1992 the European Community (EC) will be the world's largest and most integrated economic market of 320 million sophisticated M consumers. To this will be added another 60 million from the European Free Trade Association (EFTA) as a result of the recent agreement between EC and EFTA to
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      Page 4 Advertisements Column 2
      460 4 1 JOSEPH H. WEXLER on PROCESS BENCHMARKING (November 26 27) and A COMPLETE TOOLKIT FOR W TEAM BUILDING (November 28 29) An eloquent speaker. dynamic trainer with over 15 years achievement in both Quality and Human Resources Applied skills in quality development, organization develop- ment, training and employee relations He
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      81 5 B^B ■■■■■■■■■■■HI ANIMA MWB MUNDI MM Bvlgari is proud to donate to WWF International fc ,5. the film w Anima Mundi", a poem of images and music %*<~< fcabout the earth's biological diversity. T' *jrelp@f**- Fourteen original Bvlgari k Naturalia jewels will be autioned by Sotheby's on November 20th 1991
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Keppel owns 53.6pc of Straits Steamship Land
        65 6 SINGAPORE Keppel Corporation Ltd said yesterday that almost all of its covered warrants on Straits Steamship Land Ltd were exercised by the expiry date on Sunday, leaving Keppel with a 53.6 per cent stake in the property company. Keppel said 74.62 million units
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      • Article
        KZI buys more PacCan shares
        57 6 SINGAPORE Low Hua Kin's associate company, KZ Investments Pte Ltd, has acquired another 25.000 shares in Pacific Can Investments Holdings Ltd. As of Nov 4, Mr Low, a director and shareholder of KZI, is deemed to have an interest in 16.45 million PacCan shares or
        57 words
      • Article
        Sime plans Malaccan hotel
        62 6 SINGAPORE Sime Darby Bhd said it has held discussions with the Malacca state government on a proposed hotel project in Malacca. No agreement has been signed but Sime Darby intends to hold 55 to 60 per cent of the equity, with the balance held by the
        62 words
      • Article
        Public Packages makes debut
        93 6 KUALA LUMPUR Public Packages Holdings Bhd made its debut on the second board of the Kuala Lumpur Stock Exchange yesterday, opening at M 52.79 for a premium of 49 sen, amid the languid sentiment of the local bourse. The counter attracted buying interest and closed at
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      • Article
        Eurotunnel wins 2b franc loan
        79 6 LILLE, France The Eurotunnel consortium building said Wednesday it had signed an agreement for a two billion franc (***** million) credit line for the European coal and steel community. This is part of the second stage of a long refinancing programme, Eurotunnel said. It follows
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      • Article
        Pepsico to invest US$1b in Spain
        51 6 MADRID Pepsico Inc will invest US$l billion (S$ 1.68 billion) in expanding its food and beverage operation in Spain over the next five years, chairman Wayne Calloway said. Spain is Pepsico's sixth largest market outside the US with 1990 revenue of more than US$5OO
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      • Article
        Hungarian firm clinches oil deal
        70 6 BUDAPEST The Hungarian NAWA oil company has won a concession from the Cambodian government to explore and drill for oil in southern Cambodia, MTI news agency said here on Wednesday. NAWA, which won the contract from among some 12 bigger companies from around the globe,
        70 words
    • Article
      Foreign securities firms in M'sia face new guidelines
      565 6 Some representative offices may need investment advisers' licence KUALA LUMPUR Local offices of foreign securities houses may have to comply with some new guidelines on their operations and functions in Malaysia. It is understood that the Malaysian authorities are reviewing the functions
      565 words
    • Article
      Lock icon AT&T joins Hutchison in Aussie phone bid
      265 6 Reuter SYDNEY Hongkong's Hutchison Whampoa Ltd said American Telephone Telegraph Co has joined it in a bid to win a licence to operate a second telephone system in Australia. Kalori Communications Group, Hutchison's bid vehicle, said AT&T will supply equipment and establish a
      Reuter  -  265 words
    • Article
      SES queries Causeway on Hongkong suits
      215 6 SINGAPORE THE Stock Exchange of Singapore yesterday slapped Causeway Investment Ltd with an extensive list of queries on its longstanding legal hattle with some Hongkong companies. The SES queries iMned yesterday evening centred on a deed of settlement between Causeway and Hongkongbased Mandarin Resources
      215 words
    • Article
      Lock icon News Corp's profits soar 95pc; Fairfax deeper in the red
      552 6 Reuter ADELAIDE Rupert Murdoch's News Corp Ltd said higher profits from its US Twentieth Century Fox Film subsidiary and substantially improved newspaper operations in the United Kingdom helped lift first quarter net profit 95 per cent. Separately, publishing company John
      Reuter  -  552 words
    • Article
      NOL sells oldest oil tanker for handsome profit
      252 6  -  By Selva Kumar SINGAPORE Neptune Orient Lines has sold its oldest crude oil tanker to a Greek owner for a handsome profit of more than $10 million. In a statement yesterday, the national carrier said it sold the 14-year-old 96,457 deadweight tonne
      252 words
    • Article
      Lock icon Expansionary KL budget could delay stock market recovery
      568 6 MARKET TALK Higher interest rates, rising inflation will deter fund managers Reuter KUALA LUMPUR Malaysia's expansionary budget for 1992 will push up interest rates and delay a stock market recovery for at least eight months, analysts say. "Foreign fund managers are disappointed,"
      Reuter  -  568 words
    • Article
      Lock icon Tokyo acts on price-fixing
      367 7 Reuter TOKYO Japan's antitrust watchdog, often criticised as "toothless" by Washington, sought a higher profile on Wednesday by filing criminal charges against eight major food-wrapping makers for alleged price-fix-ing. This is the first such move by the Fair Trade Commission (FTC) in 17 years. In 1974,
      Reuter  -  367 words
    • Article
      Lock icon Legal hitches may delay Krupp's takeover of Hoesch
      450 7 Reuter BONN Fried Krupp GmbH looks set to swallow rival steel firm Hoesch AG but legal hitches could still delay the process, industry sources say. A merged group, with combined turnover of 28 billion marks (5528.6 billion), would be a new force
      Reuter  -  450 words
    • Article
      Lock icon Philips, Thomson, Siemens begin talks on silicon foundry
      265 7 Reuter EINDHOVEN, Netherlands Philips Electronics NV said it is in the early stages of talks with Thomson SA of France and Siemens AG of Germany on a joint silicon foundry for integrated circuits. "There are discussions, but they are at an early
      Reuter  -  265 words
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      372 6 E N VIROAS IA '91 International Conference Exhibition ir~M=il on Environment 7-10 November 1991 Free Admission for Trade Visitors and The Public World Trade Centre, open j ng Hours: 1000 hrs to 1800 hrs Singapore View the widest range of environmental control equipment, systems and services available in the market
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      438 7 The Volvo 960 now comes with a In 'Performance' mode, every ounce force of a side-on collision, SIPS disperses brand neu- safety feature: of engine power goes straight to your wheels the impact in different directions. Where it's A 204 bhp, straight-six engine. when you step down on the accelerator.
      438 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokyo Electric to widen bond syndication
        113 8 I ()k\ Tokyo Electric Power Co Inc will widen membership of a bond syndieate by allowing an additional 12 medium-sized local and foreign brokers to underwrite the bonds it issues, a company spokesman said. Of the total of 44 in the new syndicate, Tokyo
        113 words
      • Article
        Swiss bank sees higher profit
        102 8 ZURICH Swiss Bank Corp said it expected 1991 consolidated net profit to exceed 1990's 820.4 million Swiss francs (Ss9sl million) but warned that the growth rate in profits would be lower than for cash llow. It reiterated a warning that growing credit risks would cause
        102 words
      • Article
        SIB's new client money rules
        123 8 LONDON The Securities and Investments Board (SIB) on Wednesday issued new regulations for the holding of client money by investment firms. Under the new rules, investment firms can allow clients to choose which bank will hold their money, thus limiting client exposure in the case
        123 words
      • Article
        Executive Life takeover bid fails
        123 8 LOS ANGELES A takeover bid for Executive Life Insurance Co by a group of state insurance guaranty funds fell short of state requirements, California Insurance Commissioner John Garamendi announced Wednesday. Mr Garamendi had conditionally approved a takeover by the National Organisation of Life and Health
        123 words
      • Article
        Ex-Polly Peck official charged
        77 8 LONDON A former, chief accountant of Polly Peck International, John Turner, was charged with 10 offences of false accounting on Wednesday. He was released on bail to appear in court yesterday. Polly Peck, a conglomerate trading in electronics to fresh fruit, went into administration last October
        77 words
    • Article
      Lock icon Westpac to cut its prime rate to 12.5pc
      188 8 Reuter SYDNEY Westpac Banking Corp will cut its indicator lending (prime) rate to 12.5 per cent from 13.5 per cent, effective Nov 18. The reduction follows the Reserve Bank's announcement on Wednesday that official cash rates would be cut by one percentage
      Reuter  -  188 words
    • Article
      Mitsubishi Bank putting together Java project loan
      367 8  -  By Quak Hiang Whai SINGAPORE In yet another massive syndication exercise in Indonesia. Japan's Mitsubishi Bank is arranging a US$47O million (*****.66 million) loan to part-finance a gas pipe project in East Java. The money will be used to finance construction of the
      367 words
    • Article, Illustration
      Bank workers' street protest
      34 8 SEOUL Employees from the Seoul branch of the Bank of Credit and Commerce International (Overseas) Ltd staging a street protest yesterday against liquidators' decision to sack them without extra compensation.
      34 words
    • Article
      Lock icon Major US banks cut prime rates
      447 8 UPI NEW YORK The nation's major banks, following the lead of the Federal Reserve bank, yesterday slashed their prime lending rates to 7.5 per cent from 8 per cent the lowest level in five years. The prime rate, offered to the banks' most creditworthy
      UPI  -  447 words
    • Article
      Lock icon Bank of New Zealand reports satisfactory interim result
      332 8 Reuter WELLINGTON The Bank of New Zealand's result for the six months to Sep 30 was satisfactory, chairman Syd Pasley said. "It demonstrated the bank had returned to more normal operating conditions after two or three years of vital restructuring," he said.
      Reuter  -  332 words
    • Article
      Lock icon Japanese officials raid Tokai Bank to conduct probe
      362 8 UPI TOKYO The Finance Ministry has launched an onsite investigation into a massive fraud scam at Tokai Bank, one of four financial institutions wracked by illegal loans, officials said yesterday. Forty investigators were dispatched to the bank's six branches to check details
      UPI  -  362 words
    • Article
      Lock icon Salomon revamps top management, top trader resigns
      348 8 Reuter NEW YORK Embattled brokerage house Salomon Bros has announced top management changes, including the impending departure of Stanley Shopkorn, one of Wall Street's most powerful stock traders. Salomon has also named a new executive committee to run the brokerage as it tries
      Reuter  -  348 words
    • Article
      Lock icon French banks trim back Soviet exposure
      298 8 Reuter PARIS French banks have trimmed back their Soviet exposure, especially since the aborted coup against Soviet President Mikhail Gorbachev in August, say bankers. Shares in French banks fell on Wednesday following reports a day earlier that the Soviet Union may run out of
      Reuter  -  298 words
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      147 words
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      Page 8 Advertisements Column 2
      10 8 Economists call for more action after Fed cut. Page 10
      10 words
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  • THE REGION
    • Article
      Thai economic zone may spur link-up with neighbours
      385 9 BANGKOK The planned setting up of an exclusive economic zone in southern Thailand may help open a new round of economic cooperation with neighbouring Malaysia, and even Indonesia. in the future. Bangkokbased The Saturn reported on Wednesday. The exclusive economic zone, covering
      385 words
    • Article
      Joint venture interpretation gets nod
      187 9 BANGKOK The Thai Cabinet yesterday endorsed a Commerce Ministry proposal to simplify the interpretation of the shareholding structure of joint-venture firms, the Bangkok-based Business Post reported on Wednesday. The proposal was made following the recent interpretation of Revolutionary Council Announcement 281 by the Office of
      187 words
    • Article
      Lock icon Australia's jobless figure improves fractionally
      218 9 AFP SYDNEY The Australian government received a welcome boost with the release yesterday of data showing the unemployment rate fell to 10.1 per cent in October after reaching an eight-year high of 10.2 per cent in September. The latest figure, which represents a total of
      AFP  -  218 words
    • Article, Illustration
      Lock icon Forging a new friendship
      648 9 Ideology is out as China and Vietnam forge a new relationship based on economic cooperation Reuter BEIJING Asia's last two major communist powers have this week tried to define a new relationship for a world where economics rule and ideology must be softpedalled. China and Vietnam,
      Reuter  -  648 words
    • Article
      Allow workers to form unions, urges Suharto
      434 9 JAKARTA President Suharto. alarmed at the growing incidence of industrial strikes, yesterday urged companies in Indonesia to allow their workers to form unions, the Jakarta Post reported on Tuesday. Manpower Minister Cosmas Batubara told the paper after meeting Mr Suharto that there had
      434 words
    • Article
      Lock icon ADB tells Thailand, Laos to cooperate on power stations
      288 9 AFP BANGKOK The Asian Development Bank (ADB) expects a Thai-Laotian agreement in the near future to cooperate in the construction of three new hydro-electric power stations near Vientiane. a senior ADB official said here yesterday. ADB Programme Department director Noritada Morita
      AFP  -  288 words
    • NOTE BOOK
      • Article
        Central Philippines declared disaster zone
        64 9 MANILA President Corazon Aquino has declared areas of the central Philippines a disaster zone after Typhoon Thelma left some 300() people dead. Some 700 bodies were buried in a mass grave in Ormoc City on the island of Leyte on Wednesday and rescue workers expect
        64 words
      • Article
        Indon volcano erupts again
        73 9 JAKARTA Mount Lokon in northern Sulawesi has erupted again, spreading panic among villagers who had just returned home after fleeing the volcano's first eruption in October, local authorities said yesterday. The eruption forced some of the more than 11.000 villagers who had just returned to their
        73 words
      • Article
        KL's foreign labour policy
        93 9 KUALA LUMPUR A decision on the foreign labour policy, to be made by Prime Minister Datuk Seri Dr Mahathir Mohamad, is expected to be announced by next week. Deputy Prime Minister Ghafar Baba said yesterday after opening the Umno Youth and Wanita Umno general assemblies at
        93 words
      • Article
        UN appeals on behalf of Suu Kyi
        90 9 UNITED NATIONS Nobel Peace Prize winner Aung San Suu Kyi. under house arrest in Burma, is in good health and is free to leave the country if she decides to go into exile. Burma's UN envoy told the secretary-general on Wednesday. A UN
        90 words
      • Article
        Aussie immigration figures
        75 9 CANBERRA Hongkong follows Britain and Ireland as the largest source of people settling permanently in Australia, a government report said yesterday. Hongkong people, at 13,541, comprised 11 per cent of settlers in the year to June 1991. compared with 8.054 a year earlier. Immigrants from Britain and
        75 words
      • Article
        Viet boat people to be sent home
        86 9 HANOI A first group of 120 Vietnamese boat people who have made the trip to Hongkong twice will be sent home tomorrow, the Vietnamese Foreign Ministry said yesterday. The flight will mark the start of involuntary repatriations under a pair of agreements signed
        86 words
    • Article
      Lock icon Sarawak trade surplus increases sharply
      184 9 Bernama KUCHING Sarawak recorded a M 53.4 billion (552.08 billion) trade surplus during the first eight months of this year, up Msl.2 billion or 58 per cent from the same period last year. This impressive performance was due to higher export earnings of MSB.7 billion
      Bernama  -  184 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      103 9 16-18 Ross Street, Waverton SYDNEY AUSTRALIA A Landmark Investment on Sydney's Northshore Well below replacement cost an unrepeatable capital gains opportunity. The very last inner city harbourfront site of this magnitude 5 minutes fromCBD THE WATERMARK APARTMENTS WILL BE SOLD BY INTERNATIONAL TENDER Tender Closes 28th November, 1991 at 5.00
      103 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Poll shows 57pc public support for Miyazawa
        131 10 TOKYO New Japanese Premier Kiichi Miyazawa enjoys a solid 57 per cent support among Japanese and they expect him to perform well in foreign and economic policy, the daily Mainichi Shimbun reported yesterday. Mr Miyazawa's score was comparable to the rating for former
        131 words
      • Article
        Tokyo urged to ease rice ban
        112 10 TOKYO The visiting Canadian Minister for International Trade, Michael Wilson, yesterday urged Japan to play a major role in assuring a successful conclusion to the stalled world trade talks by easing its ban on rice imports. "I can think of no other country than
        112 words
      • Article
        Baker to stress human rights
        95 10 WASHINGTON Human rights, including the fate of political and religious prisoners, will top US Secretary of State James Baker's agenda when he visits China next week. US State Department spokesman Richard Boucher said on Wednesday that the US had presented China in June with a
        95 words
      • Article
        Little headway on piracy issue
        100 10 BEIJING A Taiwanese envoy left the Chinese capital yesterday with little headway made in setting up joint action with China against piracy and other crimes at sea. Chen Charng-ven, secretary general of the semi-official Straits Exchange Foundation, left for Taipei via Hongkong after holding talks
        100 words
      • Article
        New PM and Cabinet for Peru
        104 10 LIMA Peruvian President Alberto Fujimori named a new prime minister and reshuffled his Cabinet on Wednesday, ending a government crisis sparked by the resignation of Premier Carlos Torres y Torres Lara. Mr Fujimori swore in Alfonso de los Heros, the former labour minister, and
        104 words
      • Article
        Comic dilemma for US papers
        107 10 NEW YORK US newspapers are struggling over whether to run a series of "Doonesbury" comic strips involving US Vice-President Dan Quayle and an investigation into allegations that he bought cocaine while he was a senator. The cartoon shows a reporter investigating a Drug Enforcement Administration
        107 words
    • Article
      Lock icon Economists call for more action after Fed rate cut
      524 10 Weak outlook still seen for fourth quarter Reuter WASHINGTON The US central bank cut a key interest rate on Wednesday to its lowest level in 18 years, but economists say more action may be needed to pep up the sputtering economy
      Reuter  -  524 words
    • Article, Illustration
      Lock icon Globetrotter Bush grounded by problems on home front
      610 10 Reuter WASHINGTON US presidents have traditionally travelled abroad to boost their image back home, but President George Bush's just-post-poned Asia trip threatened to hurt him politically because of domestic economic ills. Mr Bush, a Republican, has visited 32 countries and spent more
      Reuter  -  610 words
    • Article
      Lock icon Ukraine signs economic pact, aiding Gorbachev unity bid
      293 10 Reuter MOSCOW The Ukraine, the second most powerful Soviet republic, signed a landmark economic accord on Wednesday shoring up Soviet President Mikhail Gorbachev's chances of salvaging a political confederation. The republic's prime minister, Vitold Fokin, signed the agreement in the Kremlin, ending
      Reuter  -  293 words
    • Article
      Lock icon Bush in bid to revive Gatt talks
      434 10 Trade issue to top agenda during visit to Netherlands AP THE HAGUE US President George Bush's weekend visit to the Netherlands aims to get the derailed Gatt world trade talks back on track, Dutch and European Community officials say. While officials expect no
      AP  -  434 words
    • Article
      Lock icon China adopts plan for regional development
      270 10 Reuter HONGKONG Chinas State Planning Commission has approved in principle a plan to div ide the country into 10 economic regions following a study conducted by the Regional Development Strategy Research Institute, the Beijing-funded China News Service (CNS) said. CNS said the plan, which
      Reuter  -  270 words
    • Article, Illustration
      Lock icon UK economy will pick up in second half, says Lamont
      482 10 Reuter LONDON Britain's Chancellor of the Exchequer Norman Lamont said on Wednesday the British economy will grow 0.75 per cent in the second half of 1991 and grow by 2.25 per cent in 1992. Consumer spending, stocks and exports will
      Reuter  -  482 words
    • Article
      Lock icon Tories increase spending to appeal to voters
      236 10 Reuter LONDON An embattled British Conservative government on Wednesday announced higher spending on public health and other sectors that appeal to voters ahead of next year's general election. Threatened by a resurgent opposition Labour Party, Prime Minister John Major seemed readier to undo
      Reuter  -  236 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      174 10 Centre for Business Research Development National University of Singapore Special Seminar 'TRACKING THE SINGAPORE ECONOMY" The seminar will present the results of three studies on predicting Singapore GDP, namely business cycle analysis, autoregression, and artificial intelligence. Predictions for the second half of 1991 and for 1992 will be given. The
      174 words
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      Page 10 Advertisements Column 2
      6 10 'Nay' to breaking up?, Pg 12
      6 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      34 11 *H I ]r <M 9iSE w ll,R HjjH I ■■™2«wi Hj I VMM fe 1 pressure. The 2000 series with :A *****11 l double protection screw-in crown V lS Wat6r roS Stant tC> metres
      34 words
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  • Article
    Tangible gains in Madrid
    483 12 EDITORIAL AT what must have been a partieularly tiresome moment during a press conferenee last week, US Secretary of State James Baker told journalists there could never be any guarantees for a peaceful resolution of issues in the Middle East, precisely because "this is the Middle
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Stop ragging
      220 12 LAST month, the National University of Singapore issued written guidelines against the practice of ragging. But will these help to ensure that ragging will no longer plague hapless entrants at the start of every academic year? The guidelines are explicit as to which orientation activities are permissible and
      220 words
    • Article
      Sino- Vietnamese ties
      137 12 After the "June 4 incident", China has been improving its ties with neighbouring countries to cope with political and economic sanctions from the West. Likewise, to avoid isolation, Vietnam is following the example of China to improve relations with its neighbouring countries, especially with the Asean countries.
      137 words
    • Article
      Clearing the air
      105 12 IN response to a query during a recent Malaysian parliamentary' session, the Malaysian Defence Minister, Datuk Seri Najib Tun Razak, said there had been no intrusions by the Singapore Armed Forces in the past year. Over the past two years, Malaysian newspapers have published reports quoting officials
      105 words
  • REGIONAL VIEWPOINTS
    • Article
      Curb child labour abuse
      229 12 PANYARACHUN last Saturday forecast brighter prospects for the country and maintained that Thailand would have a growth rate of 8-9 per cent, the same as this year. Two days before this statement, the story of the Crime Suppression Division police and Labour Department officials rescuing 31
      229 words
    • Article
      Reevaluating tradition
      151 12 WE must by now have become pretty familiar with the stimulating statements that we frequently hear from the Speaker of our House of Representatives, Kharis Suhud. Even so. his call on Monday that we. Indonesians, abandon our feudalistic traits and feel- ings of fear of authority from our
      151 words
    • Article
      US must end false hopes
      135 12 Hongkong's Secretary of Security Alistair Asprey declared last week that the first group of Vietnamese boat people from the British colony will be sent back this month. The US objection to repatriation has created among Vietnamese a hope, however slim, that America will one day
      135 words
  • Article, Illustration
    Lock icon 'Nay' to breaking up?
    827 12 As the leaders of the countries that make up Nato meet for a two-day summit, at the top of their agenda will be the search for a reason for the alliance's continued existence AP CROWNING the end of the Cold War. Western allies began the formal
    AP  -  827 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      341 12 SJjfetl Microsoft LAN Manager 2.1 A fjp Exhibition Seminar ~A It's the premier local area network operating WjL system specifically designed for client-server V networking. Come and discover how you can make the most of your network's processing power. Date: Tuesday 12 November 1991 y *Sk. Time: 9.00 am-6.00 pm
      341 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      83 12 DOONESBURY BY GARRY TRUDEAU YOI/RSA 6UHAJ, YOU A PEOPLE 70MY, THEY PONTKNOu\ PERFORMANCE MORON OR FROM CMPOLA! I MEAN. In/ MUM... MCMU ARTIST?WHAT SOMETHING? YOU BUST YOUR dUNS ALLOW -J I WHAT Imp I yn/te I IS PERFORM- YOU JERKIN' ANP THEN YOU GET JERKEP »Cl I JUST I ART
      83 words
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  • ANALYSIS
    • Article
      Lock icon The task of reorienting Japan's economy
      840 13 A strong economy can have its disadvantages too, both abroad and at home. An Asahi Shimbun editorial recommends the Japanese economy take a different tack Asahi News Service THH basic policy of Yasuhiro Nakasonc, who got the reins of government at the beginning of
      Asahi News Service  -  840 words
    • Article, Illustration
      The long road to the pharmacy
      752 13  -  Genevieve Cua reports on UK pharmaceuticals maker Glaxo's key to safe and effective drugs Genevieve Cua SOME 30 years have passed since the sedative thalidomide was pulled out of the market after having caused an estimated 12.000 birth defects. But its spectre still hangs
      752 words
    • Article, Illustration
      Lock icon Putting people before pests
      1427 13  -  The sale of pesticides is big business, and ICI is making a lot of it. But with that can of insecticide, ICI also promises 'vigilance'. Genevieve Cua takes a closer look at the operations of the British chemicals giant Genevieve Cua A SQUIRT here and there...
      Source: ICI  -  1,427 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      933 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE .--A' ZT~~3C TTfT A T i 7 ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12
      933 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      697 14 TELEVISION AND RADIO Turtlp nnwpr! ***** ax.-*-.*.*/ BUSINESSONBAPtO lurcie power: 7 5sr (L SKIT 6.55 PM Programme Highlights Blo m ,s ofr the Rose (Ste n a i™ r»i.*v. World Business Report am i—a reo). ses« uaiam uwtya. ah I i 10.4S Friday at the Movies Cry 7.00 Cable Mews
      697 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The end of an endless tale
      888 15  -  William Grimes speaks to the novelist who kept his fans waiting 27 yea* for his mammoth book. he Runaway Soul, which will come on the shelves next Thursday William Grimes NYT The small painting depicts a hog with four spots and a sincere smile.
      NYT  -  888 words
    • Article, Illustration
      Lukewarm interest in Van Gogh's drawing
      318 15 CHATTERBOX A VINCENT VAN GOGH pen-and-ink drawing of a French garden sold for US$l.32 million (SS2 2 million) at Sotheby's on Wednesday, indicating how poorly the art market is doing. Van Gogh's Garden with Weeping Tree had been expected to bring USSI.7S million to
      318 words
    • Article, Illustration
      Lock icon Castle's bric-a-brac to be auctioned
      373 15  -  Carol Vogel previews the heirlooms of the Howard family before the sale on Monday Carol Vogel NYT WHO WOULD have thought that there was anything left in Castle Howard's attics but Nanny Hawkins and her memories? Who, except Sotheby's, would have imagined that crammed into
      NYT  -  373 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      153 15 AND ENTERTAIN T l W I Danish pastries. Fresh cakes. Savoury Dian I Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. I Eveiy Saturday. I 3 to 5 pm. I $12.50++ per person. I Fashionshow at 4 pm. ANA HOTEL For reservations, 6Na S N^ ORE I
      153 words
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      Page 15 Advertisements Column 2
      300 15 one. T r »*> Will be Sjngapoa- smM to p^™. a **>»« «***4 Oh, fahuk,, The qualifying round to determine the 100 lucky contestants for the SI Million tournament will he held at Manna Bay Golf •an all-expenses paid trip to the 199 > Brirkh rwn rif Club. Players must
      300 words
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      Page 15 Advertisements Column 3
      88 15 |u«ii| R8|| SUNDAY H FAMILY B BRUNCH B $13+ H (S7» for children under 12) TEE-OFF CAFE RJ BAY COLF4r COUNTRY CLUB 1MB 6 MARINA GREEN SINCAPORE 0101 Iwl TOR RESERVATIONS PLEASE CAIJ. 221 2811/122 4221 SUPERIOR SET MENU f(P p=0 •Two Variety Coid Cms E Shark s RnWilh Crab
      88 words
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  • SPORTS
    • SIDE LINES
      • Article
        Sampras to make Davis Cup debut for US
        110 16 NEW YORK Pete Sampras will make his Davis Cup debut for the United States in the final against France in four weeks. He lines up with Andre Agassi, whom captain Tom Gorman considers the mainstay of the team, for the match in
        110 words
      • Article
        Sanchez forfeits match
        73 16 SAO PAULO, Brazil Top-seeded Emilio Sanchez of Spain suffered a groin injury on Wednesday and forfeited his match to Belgium's Eduadro Masso in the U*****,000 Banespa Tennis Open. Another Spaniard, German Lopez, bruised his right foot and forfeited his match to Argentina's Christian Miniussi. In other matches,
        73 words
      • Article
        Lone Soviet in Slims
        32 16 BRENTWOOD, Tennessee Defending champion Natalia Medvedeva was the only Soviet player remaining in the US$l5O,OOO Virginia Slims of Nashville tournament after Larisa Savchenko and Elena Brioukhvets were ousted.
        32 words
      • Article
        Ficker the heckler
        132 16 WASHINGTON Robin Ficker, a lawyer who paid more than US$2,OOO for a season ticket behind the opposing team's bench, could be barred for heckling players and coaches. The Washington Bullets supporter would be the first to lose his season ticket under a new National Basketball Association policy
        132 words
      • Article
        Watson, Canny in
        74 16 BANGKOK Irishmen Jason Watson, seeded fifth, and unseeded Joseph Canny fought their way into the semi-finals of the 1991 Nescafe World Snooker Championship here on Wednesday. Also through are Thailand's Noppadol Noppachorn, No 8 seed, and Welshman Dominic Dale. In the quarter-finals Noppadol beat Wales' David Bell
        74 words
      • Article
        Gul crashes out
        68 16 KIEL, Germany Twelfth seed Mir Zaman Gul suffered a shock defeat by England's Philip Whitlock in the opening round of the US$llO,OOO Kiel Open squash tournament on Wednesday. Gul, ranked third in Pakistan behind the world's top two players Jansher and Jahangir Khan, was beaten 15-5 8-15
        68 words
    • Article, Illustration
      Lock icon McEnroe falls to Mronz
      493 16 ATP Indoor Tournament AFP AP BIRMINGHAM, England Former world number one John McEnroe showed how far his standards have slipped as he crashed out of the ATP indoor tournament in the first round on Wednesday. It was no surprise that after his bad-tempered, threeset defeat by
      AFP; AP  -  493 words
    • Article
      Lock icon Volkov advances in Kremlin Cup
      222 16 AP MOSCOW Eighth-seeded Alexander Volkov had little trouble defeating his Soviet countryman Dmitri Poliakov 7-5, 6-3 to advance to the quarter-finals of the U*****,000 Kremlin Cup late on Wednesday. But unseeded American Chuck Adams lost 6-3, 6-3 in a match against fifth-seeded Jan Siemerink of
      AP  -  222 words
    • Article
      Lock icon Berlin's Olympics bid plagued by disputes
      571 16 AP BERLIN When the Berlin Wall fell two years ago. the city grabbed a place among top contenders for the Summer Olympics in the year 2000. Yet, time wreaks havoc, even with sentimental favourites. The head of the city's candidacy committee resigned in a
      AP  -  571 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      69 16 f T«-» 4.' g| ITv -ss®% f,> r r I v v > it v > > i 7) L 4', fe'arl:':*' •< i K IU-lii 1 J3P4*'"" '*< j 3$5J .dBT* I r..- •T- r J M 9 v.. :::m fl 4-i i 1 C' I f< s'Cl" V,
      69 words
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      Page 16 Advertisements Column 2
      35 16 bllSlllCSv cias. D^m adjustable foatrrsfa, are wider than ever before. kthefact tbat many of oar new e ii decks of our Offered only bv Bk t9H|bAefevates interoationa] Available November 1 Bk. •JjH|i)eftatsunitmgthe workl. Come x
      35 words
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  • FOCUS
    • Article
      Lock icon MCC close to US$400m disposals
      754 17 FT Maxwell Communication Corporation, one of the chief quoted companies of Robert Maxwell, the publisher who died on Tuesday, is believed to be on the verge of disposals worth more than US$4OO million (***** million), which may lead to a rise in its share price
      FT  -  754 words
    • Article, Illustration
      Lock icon Different personalities for different tasks
      526 17 Death of Robert Maxwell FT ROBERT Maxwell's sons Kevin and lan were confirmed on Wednesday as chairmen of the Maxwell family's two quoted companies Maxwell Communication Corporation (MCC) and Mirror Group Newspapers (MGN). Kevin Maxwell will be chairman as well as chief executive of MCC,
      FT  -  526 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      630 17 BUSINESS T IMES_ TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WEST SIDE LOUNGE PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of WEST SIDE LOUNGE PTE LTD, duly convened and held at 6S-C Still
      630 words
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      Page 17 Advertisements Column 2
      112 17 PT LIIC UUiailUll ISIIVV VI f search group. r 1. \%Sm -mm Stf* I V fc '&J. 3 1 AW Jyj^M I What: could be better? Sparkling blue waters, light Hyatt Kuantan casuarina-scented breezes and glorious sunshine all day. Also offered, is a dizzying list of all the thmgs you
      112 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Sustained foreign buying keeps market buoyant
      4256 18  -  By Sylvia Wong CONTINUED foreign buying spurred the loeal stock market to another day of active trade and healthy volumes, resulting in higher prices across the board. Brokers gave a cheer for the "mini-rally" of the last two days. With hope that the market
      4,256 words
    • Article, Illustration
      HOT STOCK
      69 18  -  Chew Eng Han Comment THE current rally may soon stall. Malayan Credit is more likely in an upward correction phase than in a new uptrend. Although resistance at $1.93 has been penetrated, the $2.20 to $2.30 region will be tough to crack. If the rally does not continue
      69 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3051 19 SI A Foreign 2050 +40 +2.0% Robinson 565 +25 +4.6% C&C 550 15 +2.8% Jurong Ship 50* 985 +15 +1.5% Roth Inds 50* 745 +15 +2.1% LOB Foreign 675 +15 +2.3% OUB 468 +14 +3.1% S Steamship SO' 266 +12 +4.7% DBS Foreign 1270 <-10
    3,051 words
  • Page 19 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3488 20 M ISC'Foreign 418 +1.5% MMC 10« 140+5 +3.7% Rothmans M 50" 700 5 0.7% Sri llartamas 38 +4Vj +13.4% FAC'B 50* 31 +3Vj +12.7% kamunting 50« 56'2 +6.6% G l umber 152 +3 +2.0% Imatex 33 +3 +10.0% Mulpha Intl 50* 41 +3 7.9% Hex/a
    3,488 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Purchase of lower liners nudges index higher
      4454 21 Bernama RETAIL investors went on a selective buying spree yesterday to lead share prices in Kuala Lumpur to a slightly higher close. The KLSE All-Share Emas Index added 0.38 of a point to 136.28 while the Composite Index rose 1.49 to 533.16 and
      Bernama  -  4,454 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      430 21 K christiania bank CHRISTIANIA BANK OG KREDITKASSE Head Office: P.O. Box 1166 Sentram. 0107 Oslo 1. Norway Singapore Branch: 6 Battery Road #34-01, Singapore 0104 Alt figures in NOK million Balance Sheet Statement of Income aa at 31 December 1990 for the year ended 31 December 1990 1990 1989 1990
      430 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      483 22 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Oman Hup Nov 6 Jun 91 $8.905($8 064) 58(52) 2TE(2TE) Hume V Nov 4 Jun 91 M$*****(J*****> 172(158) 10(10 7) H Leong Ind Nov 4 Jun 91 M$54 020($35 427) 38(25
      483 words
    • Article
      PRELIMINARY RESULTS
      259 22 Company Date Year Group pre-tax Net earnings Grass ann to profit/loss (L) per share dividend (000) (cents) Kemayan Oct 29 May 91 M528(51,505) —(0 7) 1 5(1.5) AISB Oct 28 Jun 91 M$17.267(S6.506) 11.2(4 1) 12(10) Y71 Corpn Oct 9 Jun 91 M530 889(519,311) 138(7 9) 10(10 Antah
      259 words
    • Article
      INTERIM RESULTS
      614 22 Company Date Half-year Croup pro-tax Interim ann to profit/loss (L) dividend (000) Chem Ind Nov 4 Sep 91 $5.143($4 460) Rothmans M Nov 4 Sep 91 M$*****5(SI36 734) 50(35) General Corp Oct 31 Jul 91 M$7.78l($5 134) Jacks Int Oct 31 Jul 91 $1 498l($326) Johan Hldgs Oct
      614 words
    • Article
      DIVIDENDS ANNOUNCED
      850 22 Current Ex teaks Date Total far Tatal far payment data dase payable the year last year MS8 50c l?%(b) Dec 30 Jan 14 Ian 21 12% 10% tana 5%TE(I) Oct 21 Oct 31 Nov 15 5%!E 10%TE Ant ah HkJp 50c 61(b) No* 21 Dec 5 Dec 24
      850 words
    • Article
      PROPOSED ISSUES
      596 22 Company Rights Issue Asia Pac Land Of* fox two MJO 65 per share Aftance lech One foe one SI 00 per share Barjaya Gr*4> Rights issue ot S89m nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CUlS) on the basis ot one tor tour Bolton Issue ot JSC
      596 words
    • Article
      CORPORATE DEVELOPMENTS
      438 22 Nov 6 Acma is paying $23.2 m for two electronics firms DynaMech Electronics and Dynarmar Holdings. Causeway Investments Ltd said the Supreme Court of Hongkong had, on Oct 30, struck cut its counterclaim to another counterclaim against a group of Hongkong companies that includes Lucky Man Properties Causeway
      438 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1966 22 Trans Registered Substantial Buy/ Shares Amount SharefceMings Stock Date Holder Shareholder/Director Sell involved Before Chge After Chge S Steamship 01/11/91 Keppel Securities Temasek Holdings (Pte) Ltd *B 5.000 14.362 000 172,078,333 ***** 172.083.333 ***** S Steamship 01/11/91 Smgmarine Industries Ltd Temasek Holdings (Pte) Ltd *B 1,000 000
      1,966 words
    • Article
      SCRIPLESS CONVERSION
      70 22 Conversion Special Trdg Scriptess Conversion deadline Period Trading Com pan) starts (I DP) (ST) starts H IP HMrs Sep 16 Oct 10 Sep 30 Oct 10 Oct 11 Minebea Dec 16 Parkway Hldgs Oct 11 Nov 7 Oct 25 Nov 7 Nov g Sunshine Allied Sep 2 Sep
      70 words
    • Article
      RESULTS DUE
      370 22 Main Board Last Ft* Year Company Period Date Tear Net EPS Gross Net amouiced endnf (cents) <tv prait last year (SDOO) EMS Final Nov 6 Jul 91 3 OTE 17.878L SPH Final Nov 9 Aug 91 54 3 30 0 133.374 Surma bw Interim Nov 12 Mar 92
      370 words
    • Article
      APPROVED ISSUES
      100 22 Company Rights Issue H Negau One for-one 1275 pet share Ex-date Nov 12 Books close No* 22 Acceptance Payment NYA MBt France Iwafor three MJ0 90 per share Eidate Nov 1 Books close Nov 18 Acceptance Payment NYA Company Bonus Issue MBt France One tor three Enlate Nov
      100 words
    • Article
      COMPANY MEETINGS
      425 22 first Capital Corp Ltd: 15th AGM EGM at 20 Collyer Quay #11-01 Tung Centre. Singapore 0104 on Friday. Nov 8, at 12 noon. Sea View Hotel Ltd: AGM EGM at Sea View Hotel. 26 Amber Close. Katong, Singapore 1543 on Saturday. Nov 9. at 11am. Omega HokSngs Bhd:
      425 words
    • Article
      RECORD HIGHS & LOWS
      220 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h«h: 1333 08 3/6/91) 1591 1565 58 3/6/91) 1991 low: *****2 (16/1/91) 1991 tow: *****8 06/1/91) 1990 hifh: i***** (16/7/90) 1990 1607.12 (27/3/90) 1990 low: 981 07 09/11/90) 1990 1079 50 (11/10/90) 1989 hifh: *****0 (28/12/89) 1989 1487 7 6
      220 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Heavy buying sends index up 12 points
      2383 23 Reuter AFP STOCK prices closed higher in active trading yesterday as investors moved into the market, brokers said. The SET index gained 12.14 points to 672.60 on a healthy turnover of 4.32 billion baht. Although brokers were heartened by the heavy trade and
      Reuter; AFP; SOURCE: PONT DATA  -  2,383 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks end little changed in active trading
      1072 23 Reuter STOCK prices closed little changed yesterday amid active foreign buying, brokers said. The Jardine Fleming Index eased 0.19 point to 49.31. The official index was not available because of problems with the bourse's computer. Sepanjang Surya Gas was the most active issue
      Reuter  -  1,072 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      11 23 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS r J i >
      11 words
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      Page 23 Advertisements Column 2
      75 23 I stood "'y dying boyfriend Woman calls Hotline Plus A'ii# to tell her tragic tale after reading two different views of Showtime reporters. The issue: Whether Julia Roberts should have stood jMNtiitftfß by her ailing boyfriend in the movie, Dying :< Young. V-iS She says: "He died mum before my
      75 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Options expiry spurs last-minute selling
      2625 24 Reuter STOC KS closed sharply lower yesterday on last-minute selling linked to the expiry of November stock index options, brokers said. Trade was dull and in a narrow range until then, with investors waiting for a Japanese discount rate cut and lacking any other fresh
      Reuter  -  2,625 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks hit record high for third day
      2606 24 Reuter THE Hang Seng Index gained 11.17 points to 4,184.74 yesterday to end at a new high for the third straight day after local and overseas buying retraced losses caused by light profittaking. "The market opened down on profit-taking, but people felt more
      Reuter  -  2,606 words
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  • REGIONAL STOCK MARKETS
    • NZ shares hit new high for the year
      • Article
        AUSTRALIA
        840 25 A SHORTAGE of stock in late afternoon trade pushed the Australian sharemarket off early falls to close slightly higher yesterday. Brokers said steady offshore buying eventually dictated the upward push after domestic sellers left the market. "The market's doing some very nice work around these levels, there's underlying resilience
        840 words
      • Article
        NEW ZEALAND
        412 25 SHARE prices closed generally higher yesterday and hit a new high for the year after a slow beginning. Prices were mixed with selected second liners performing strongly. Buying was aided by a fall in the New Zealand dollar. "There are still some stocks that people, including some overseas
        412 words
      • Article
        MANILA
        561 25 PHILIPPINE share prices closed higher yesterday as investors were relieved that the return of former first lady Imelda Marcos had not had major political repercussions, brokers said. The Manila Stock Exchange Composite Index rose 15.77 points to close at 1.053.88. led by strong interest in oil stocks. "Strong buying
        561 words
      • Article
        TAIPEI
        480 25 A LATE WAVE of profit-taking pulled the Taiwan stock index down yesterday to a lower close after a day of active and volatile trading, brokers said. The Weighted Index lost 5.74 points to finish at 4,424.85 on turnover of NTS2B.6 billion. The financial sector rose slightly on speculative buying
        480 words
      • Article
        SEOUL
        763 25 SHARE prices on the Korea Stock Exchange stood virtually unchanged in moderate trading yesterday. The Composite Index of the exchange, which soared 12.16 points to 679.20 on Wednesday, closed at 679.42, a meager gain of 0.22 points. Gainers overwhelmed decliners 526 to 212 among the 845 issues that changed
        763 words
      • Article
        Untitled
        434 25 Close Previous No* 7 AUSTRALIA All Ordinaries Index 1.683.5 1.678.9 +-4.6 All Industrials Index 2.622.5 2.615.4 +7.1 All Resources Index 966.5 964 -t-2.5 Turnover (million) 113 113.6 -0.6 NEW ZEALAND NZSE-40 Capital *****4 1554.22 +7.52 Turnover (million) unav MANILA Composite Index 1.053.88 1.038.11 +15.77 Turnover (million) 2.760 1.850 910 TAIPEI
        434 words
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  • WORLD STOCK MARKETS
    • Dow ends higher after moving in narrow band
      • Article
        Untitled
        500 26 Nov 6 Close Previous NEW YORK Dow Jones 3.038.46 3.031.31 +7.15 S&P500 389.97 388.71 +1.26 Turnover (million) 167.4 172.1 -4.7 LONDON Financial Times 30 1.949.6 1.948.1 +1.5 FTSF. 100 2.534.2 2.540.9 -6.7 Turnover (million) 561.3 528.7 +32.6 FRANKFURT DAX Index 1.574.22 1.576.12 -1.9 AMSTERDAM EOE Index 272.82 273.28 -0.46 PARIS
        500 words
      • Article, Illustration
        NEW YORK
        1260 26 STOCKS made mild gains on Wednesday in light volume, as trading kept within a narrow range. The Dow Jones Industrial Average rose 7.15 points to close at 3,038.46. Confusion reigned, as investors held otY from doing any meaningful buying, traders said. They focused more on a sputtering economy
        1,260 words
      • Article, Illustration
        LONDON
        533 26 LONDON share prices finished slightly lower on Wednesday despite an upbeat budget statement by Chancellor of the Exchequer Norman Lamont that included highly optimistic forecasts for growth next year. Dealers said the statement failed to lift the gloom hanging over bank shares following the death of British publisher Robert
        533 words
      • Article
        AMSTERDAM
        374 26 DUTCH shares closed lower after a very dull day which saw minimal trade and few influences on Wednesday. However, some dealers say it could have been worse. "The market is holding up well despite the continuing international economic situation and the weakening dollar," one dealer said. The EOE index
        374 words
      • Article
        PARIS
        203 26 STORE groups stood out as gainers on an otherwise sombre Paris bourse that shrugged off a cut in the US discount rate on Wednesday to finish with widespread losses. The CAC-40 index ended down 10.35 points or 0.59 per cent to 1.836.06, its lowest close since Oct 25. Eleven
        203 words
      • Article
        FRANKFURT
        245 26 GERMAN share prices were little changed from closing levels in postbourse trade following the 0.5 percentage point cut in the US discount rate to 4.5 per cent on Wednesday. "Prices are coming back very slightly but there was really no influence from the US move," one trader said. Banking
        245 words
      • Article
        MILAN
        182 26 ITALIAN stocks rebounded slightly on what seemed to be largely a technical reaction on Wednesday, but volumes remained low, brokers said. "There was talk of groups intervening to support stock and this helped some short-covering." said one broker. "But whatever the truth to that, the market remains shaky," he
        182 words
      • Article
        ZURICH
        249 26 SWISS shares closed a moderately active session slightly higher on Wednesday. Dealers said recent favourable company results supported sentiment, while the discount rate cut in the US had little effect. The all-share SPI index ended 5.8 points up at 1,083.6 and the SMI index of leading shares added 4.5
        249 words
      • Article
        BRUSSELS
        166 26 BELGIAN shares were ofT early highs to stand fractionally higher in relatively quiet trade on Wednesday with non-fer-rous metals company Acec-Union Miniere still attracting most of the attention. The Bel-20 index of leading shares was up just 0.02 per cent to 1,104.74 points with some 400 million francs worth
        166 words
      • Article
        TORONTO
        464 26 TORONTO stocks ended slightly higher on Wednesday in a dull session punctuated by heavy trade in a few select issues, dealers said. The Fed's cut in its discount rate and its target for the Fed funds rate and lower prime rates in Canada and the US had little effect
        464 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback little changed in late Asian trade
      1220 27 REPORTS ASIA Tokyo: The dollar was little changed in late Asian trade after a day of dull trading in a narrow range yesterday. The dollar's sentiment is seen as bearish following a 50-basis-point cut in the US discount rate overnight but uncertainties over
      1,220 words
    • Article
      INTERBANK FOREX RATES
      383 27 Crass rates Nov 7 USS SS MS Dm Yen SFr AS NZ$ USS 1.6790 2.7395 1.6360 129.85 0.5632 1.4480 1.2755 1.7889 SS 0.5956 1.6316 0.9744 77.3377 0.3355 0.8624 0.7597 1.0655 MS 0.3650 0.6100 0.5972 47.3992 0.2056 0.5286 0.4656 0.6530 Dm 0.6112 1.0263 1.6745 79.37 0.3443 0.8851 0.7797
      383 words
    • Article
      MONEY MARKET
      534 27 Interbank rates SS Bid Offer Overnight 3 5/8 3 3/4 1-month 3 5/8 3 3/4 2-month 3 11/16 3 13/16 3-month 3 11/16 3 13/16 Overnight mode: 3-11/16 LSS Bid Offer 7 days 4 7/8 5 1 month 4 7/8 5 2 months 5 1/8. 51/4 3 months
      534 words
    • Article
      Lock icon Bundesbank not expected to follow US rate cut
      436 27 Reuter FRANKFURT The Bundesbank's policies will remain restrictive despite Wednesday's reduction in the US Federal Reserve's discount rate and could hamper efforts by some other Europeans to ease policies further, analysts said. The Fed announced a widely expected half point cut in
      Reuter  -  436 words
    • Article
      Lock icon Mexico may boost peso against US$
      449 27 Reuter MEXICO CITY Mexico is likely to boost the peso against the dollar during an upcoming revision of its wage and price control pact, money traders and economists said. "It's possible that there won't be any change to the exchange rate but we're almost
      Reuter  -  449 words
    • Article
      FINANCIAL FUTURES
      1127 27 SIMEX EUWOOOtlAK Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.91 94.93 94.91 94.92 3500 ***** 3226 Mar 92 95.00 95.03 95.00 95.03 5081 ***** 5322 Jun 92 94.74 94.77 94.74 94.76 3300 6819 2958 Sep 92 94.45 94.47 94.44 94.47 1400 2911 1753 Dec 92
      1,127 words
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  • COMMODITIES
    • Article
      Lock icon Demand for fruit juice in rich states rising: UN study
      328 28 Reuter GENEVA Rising demand for fruit juice in industrialised countries will offer growing markets to producer countries, a United Nations report said. Sales had risen threefold in value terms since 1980 and from US$4 billion (556.7 billion) in 1989 to
      Reuter  -  328 words
    • Article
      Lock icon Europe fears year-end squeeze on tapioca
      375 28 Reuter AMSTERDAM Thailand's new method for allocating tapioca quotas to the European Community next year, unveiled yesterday, may cause a squeeze in end-year supplies, traders said. Under this system, 40 per cent of the 5.25 million tonnes of tapioca pellets earmarked for export to
      Reuter  -  375 words
    • Article
      Late Asian buying gives support to HK gold
      812 28 REPORTS HONGKONG: Gold closed higher as Japanese and local demand offset European selling, dealers said. "Two-way trade kept gold within a range of US$354$356 today," a dealer at a major local trading house said. Gold finished at U*****.20/70 an ounce from New
      812 words
  • Article
    PRICES
    1411 28 Rubber Nov? HAS (tot hi bates) S cents/kg Noon Close Int 1 RSS Prompt 139.00/140 OON 139.00/140 .OON Ini I RSS Dec 91 138.25/138.75 138.25/138.75 Int 1 RSS Jan 92 138.25/138.75 138 25/138.75 Int 2 RSS OP 134.00/136.00N 134.00/136.00N Int 3 RSS OP I32.00/I33.00N 132.00/133.00N Int 4 RSS OP
    1,411 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1408 28 BUSINESS TIMES TBLBPHONB: 730-5771/5772/3773 PAX: 734-4982 THE COMPANIES ACT (CAP. M) ANNIE MLBIC CENTRE PTE LTD (MEMBERS' VOLUNTARY WINDING IP) At an Extraordinary General Meeting of the Members of ANNIE MUSIC CENTRE PTE LTD duly convened and held at 585 North Bridge Road #11-07 Blanco Court Singapore 0718 on the
      1,408 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1114 29 City RigM ETA Flight ETD Abu Dhabi I GA970 ~2245 GA976 2310 Adelaide QF007 1815 Amman RJ182 1200 Amsterdam KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 Athens SQ36 2230 Auckland NZ35 1530 SQ325 2130 SQ338 1950 IMZ36 2305 BA12 2155 Bandar Sen BI421 1105 SQ182
      1,114 words
    • Article, Illustration
      A haven for topless sun-worshippers
      744 29  -  POSTCARD FROM HYDRA By Sree Kumar THERE is a regular hydrofoil service from Piraeus to Hydra. Piraeus is the famous port synonymous with Greek shipping and its tycoons Onassis. Niarehos and their like. It lies on a peninsula. On one side are the wharves for
      744 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid OfTer Australian dollar 1.3098 1.3275 Canadian dollar 1.4774 1.5073 NZ dollar 0.9258 0.9590 Sterling pound 2.9724 3.0126 US dollar 1.6760 1.6810 I .ocaI dollars to 100 units of foreign currency Austrian schilling 14.43
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      60 29 Duration Title Venue Organiser Td Duration Title Venue Urgamser TH Oct 30- International Santiago. Feria Internac- *****770% Non 5-8 International Netherlands Koninklnke jTwosSSM Non 10 Trade I air of Chile lonal De Trade Fair for Nederlandse Santiago. Chile Santiago Waste Processing Jaarbeurs Nov 4-8 International Sarajevo. Dp
      60 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      18 29 Get the out of Europe every Sunday and Thursday. With Finnair's new schedule. Call *****77 for details. $/r//v/v»/*
      18 words
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      Page 29 Advertisements Column 2
      740 29 _JLJU SINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, IWongJMngsea Denville of Blk 623,105-250, Hougng Avenue 8, Singapore 1953, have applied for a Rnt Qau Public House Licence in respect of premises at M/i The Third Man Public House at 101-02, II Stamford
      740 words
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      Page 29 Advertisements Column 3
      365 29 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF ATHENA DISTRIBUTION PTE LTD (In Mamban Voluntary Liquidation) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS (Pursuant lo Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore 0923
      365 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      288 29 j i I They add up in the warm--5 Get back into heart and 5 9 A girl would go without bed for such cheese (7) 11 The decoration -L—J——-L^— —LJ— servicemen a spot (9) phoned about leader 15 Use a pen-clip a make 17 Right now framing orien--22 Many
      288 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      198 29 Singapore Outlook: Cloudy with showers over many areas in the late morning and afternoon. Report: Maximum temperature 30.6 Assoc humidity 68% Minimum temperature 23.7 Assoc humidity 97% Hours of sunshine 1.70 Rainfall in mm 8.0 Rainfall this month 8.2 Rainy days this month 2 World forecast Asia-Pacific Hi/I/)* Cond. Auckland
      198 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      47 29 <DUNMO ...TMe woose WILL WAVE 7 FONNV OLD LIFP |c,ORRY TOHCARYOUR] V. INNIT? F«n UftS 60N£ TO 1 -j■i^no9 PVR€ CP I R...Tne.CP«AVPM...-IWC. f X —T^; W° u OQING TO po? J 1 VOIPL'S Ri>»G.... v iSlj i ASSOCIATED NEWSPAPERS LTD. 1962-1991' (P&ftß PEAR OH J 9SSS
      47 words
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  • Article
    Lock icon Bush voices US doubts about joint European army
    396 30 Blunt talk emerges as US seeks assurances on Nato Agencies ROME US President George Bush voiced American misgivings yesterday about proposals for a joint European army and sought assurances that the Nato allies still want an American presence in Europe, an Italian
    Agencies  -  396 words
  • Article
    Lock icon Jakarta revises current account deficit forecast sharply upwards
    274 30 Reuter JAKARTA Indonesia yesterday predicted a current account deficit of U552.36 billion (553.96 billion) for the first half of 1991/92 almost as high as estimates for the whole fiscal year. The Finance Ministry, in a report to Parliament, forecast that the deficit
    Reuter  -  274 words
  • Article
    Lock icon Non-stop talks scheduled to push for Gatt pact
    368 30 Reuter GENEVA Gatt chief Arthur Dunkcl, expressing serious concern over a failure to reach agreement in the Uruguay Round of negotiations to liberalise world trade, has called for non-stop talks from Nov 11 to push for an accord. Yesterday, he told a
    Reuter  -  368 words
  • Article, Illustration
    Lock icon Shares dive and family puts company up for sale
    378 30 The death of Robert Maxwell AFP LONDON The dismantling of the late Robert Maxwell's press and publishing empire appeared to have begun here yesterday as it announced the sale of the Berlitz language business and millions of pounds was wiped off
    AFP  -  378 words
  • Article
    Lock icon Samsung to specialise by selling holdings in two subsidiaries
    280 30 Reuter SEOUL South Korea's Samsung Group said it would comply with government efforts to encourage the nation's sprawling conglomerates to specialise more by selling its holdings in two unrelated subsidiaries within one year. "We decided to respond to public demands for
    Reuter  -  280 words
  • Article
    Lock icon Maxwell died a natural death, says pathologist
    297 30 AFP LAS PALM AS DE GRAN CAN ARIAS. Spain British media tycoon Robert Maxwell was "worn out and ill" and died a natural death before falling into the sea. said the doctor who performed the autopsy on his body. "He was well overweight,
    AFP  -  297 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      462 30 Nikon The World's Finest Photographic System m NANYANG TECHNOLOGICAL 1 WSI UNIVERSITY INDUSTRIAL ENERGY CONSERVATION MANAGEMENT The 4-day full-time course jointly organised by NTU PUB is designed for engineering and management personnel from organisations which practise energy management and who want to acquire the latest techniques related to industrial energy
      462 words
    • Advertisement
      Page 30 Advertisements Column 2
      7 30 Nato: 'Nay' to breaking up? Pg 12
      7 words
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      Page 30 Advertisements Column 3
      176 30 Nikon The World's Finest Photographic System MCC close to LSs4oom disposals, Pg 17 The rare perfection of Patek Philippe at The Hour Glass. Ifct v 1H should quisite features that hallmark he a relaxed and comfortable our attair. Especially when you're collection. After all, we considering the per- ourselves as
      176 words
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      Page 30 Advertisements Column 4
      9 30 Bush in bid to revive Gatt talks, Pg 10
      9 words
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  • Shipping Times
    • Article, Illustration
      Keppel Corp pulls out of Gibrepair Shipyard talks
      384 31  -  Withdrawal was due to 'reservations about the project' By Selva Kumar SINGAPORE Keppel Corporation has ended its one-year old negotiations with the Gibraltar government for a contract to manage the Gibrepair Shipyard. According to a Lloyds List report Keppel pulled out last
      384 words
    • Article
      Lock icon AT & T checking faulty installation procedure
      162 31 AT T checking faulty installation procedure Reuter BOSTON American Telephone and Telegraph Co said it was investigating the possibility that a faulty equipment installation procedure caused an outage on Tuesday that eliminated long-distance service and disrupted air traffic in parts of the north-eastern United States. The three-hour outage be- gan
      Reuter  -  162 words
    • Article
      INDEX TO ADVERTISERS
      1236 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 •APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCLShpg
      1,236 words
    • Article
      Japan's east coast to get new international port
      291 31  -  By Dexter Lee SINGAPORE Japan's Ibaraki Prefecture is investing 310 trillion yen ($4 trillion) in a new port to further attract shipping lines away from the often-congested Tokyo Bay area. The new port, called Hitachi naka, is part of a major developmental
      291 words
    • Article
      Lock icon United Airlines sees definite losses in fourth quarter
      366 31 Reuter CHICAGO UAL Corps United Airlines told airline analysts at a conference on Wednesday that the fourth quarter will definitely be a loss, analysts who attended the meeting said. United declined to comment. Analysts who spoke on the condition of anonymity said
      Reuter  -  366 words
    • Article
      Lock icon US airlines' Oct traffic figures underscore slump
      396 31 Reuter CHICAGO The US's major airlines on Wednesday reported sluggish US air traffic in October, showing that the deep slump that took hold in late 1990 has not yet abated. The largest carrier. American Airlines, reported a 0.8 per cent fall in October
      Reuter  -  396 words
    • Article
      Lock icon Fiat to create industrial battery division
      142 31 UPI NEW YORK Italian carmaker Fiat SpA said on Wednesday it plans to create an industrial battery division that will become a world competitor and the leading European manufacturer of batteries for automotive and other industrial applications. Fiat group, Italy's largest private-sector automotive and
      UPI  -  142 words
    • NEWS SUMMARY
      • Article
        Bus time is boom time
        19 31 TUF. North American escorted bus tour market is getting bigger and bigger Page 2
        19 words
      • Article
        Fiat, Hitachi and Deere in joint venture
        38 31 FIAT, Italy*s biggest privatesector company, is in advanced negotiations with Hitachi of Japan and Deere of the US to create a joint venture in the troubled earthmoving equipment industry Back Page
        38 words
      • Article
        Rockwell earnings up 14pc, boosts dividend
        54 31 ROCKWELL International Corp reported on Wednesday earnings of U*****.4 million (***** million) or 66 US cents a share, for its fourth quarter ended Sep 30. an increase of 14 per cent over earnings of USS 133.9 million, or 56 cents a share, for the
        54 words
      • Article
        Peru strips state of railway monopoly
        37 31 PERU eliminated the state monopoly over railways on Wednesday in the latest of a series of decrees aimed at spurring private investment and consolidating President Alberto Fujimori's economic reforms. Back Page
        37 words
      • Article
        Earhart plane may have been found
        37 31 AIRCRAFT wreckage recovered from an uninhabited Pacific island may solve the mystery of the July 1937 disappearance of US aviation pioneer Amelia Earhart. an international group said on Wednesday Back Page
        37 words
    • LOG BOOK
      • Article
        European airlines still in the doldrums
        78 32 BRUSSELS European airlines continue to face difficult times with international passenger traffic over the first nine months of this year, the Association of European Airlines said on Tuesday. Traffic on European routes was 3.9 per cent down in September compared with last year, while
        78 words
      • Article
        Beards out for ANZ pilots
        99 32 AUCKLAND, New Zealand Beards are out for Air New Zealand pilots, but moustaches are okay, a bearded judge ruled. Judge Graeme Colgan turned down an appeal from the pilots' union challenging the national carrier's beard ban on the grounds that it breached its members' employment
        99 words
      • Article
        Romania gets Japanese credits
        92 32 BUCHAREST Romania will get US$l billion (S$ 1.6 billion) worth of credits from a group of Japanese banks to upgrade its transport system. Transport Minister Traian Basescu said on Tuesday. More than US$22O million would be injected into a vast road programme to build a network
        92 words
      • Article
        Metro load factor up 66.1pc
        107 32 DALLAS Metro Airlines Inc said its October load factor rose to 66.1 per cent from 56.3 per cent last year, which reflects discontinued operations. For the 10 months, the carrier's load factor was 62.1 per cent against 55.6 per cent last year. October revenue passenger
        107 words
      • Article
        Shearson downgrades Delta Air
        77 32 CHICAGO Shearson Lehman Bros analyst Helane Becker removed Delta Air Lines from the recommended list, downgraded the stock and cut earnings estimates. Ms Becker cut her estimate for fiscal 1992 ended June to a loss of US$l.93 a share from a previously estimated profit of US$4.O7.
        77 words
      • Article
        Northwest seeks Paris flight
        66 32 ST PAUL Northwest Airlines said it asked the US Department of Transportation for approval to fly daily non-stop between Boston's Logan Airport and Paris' Charles de Gaulle Airport. Northwest proposes to fly the route with McDonnell Douglas DC-10 service. The route would be its fifth European
        66 words
    • Article
      DAILY FREIGHTS
      667 32 FREIGHT market rates on Wednesday were steady to higher with Atlantic routes buoyed by ongoing Soviet grain business as another late Nov panamax was fixed to the Black Sea. But brokers noted statements by Soviet export bank Vneshekonombank and World Bank officials regarding the USSR's problems with meeting
      667 words
    • Article, Illustration
      Lock icon Bus time is boom time
      1191 32  -  The North American escorted bus tour market is getting bigger and bigger. Edwin McDowell reports Edwin McDowell NYT EVERY year, thousands of tour buses criss-cross North America. With each bus load of people spending about $4,300 (about 557,220) a day on food, lodging and admissions,
      NYT  -  1,191 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      585 32 Nov 4 Cartoon Cartoon DensityWater Residue Ash Alunwum Sednent DensityWiter Rwwhie Ash Akwwwn SeAncnt m/* Eixon Ex*«i KG M*3 V/V %MM %MM PPM method KG/M'3% V/V M/M M/M PPM method ISO/Cmuc limits Spec E25 9911 0 lb0 0 10 30* 0 10* jTo oil 15 002
      585 words
    • Article
      THE SHIPPING GUIDE
      9629 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,629 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        709 47 0**tn Vessel Voy No Berth Arrival Departs Marina Terminal 1 San PaWo 9?o so? 07U/2230 08 11 0330 Batam Baru B104 M04 alongside 07 11/2300 Tama Dream 6 S01 08 11/1300 0811/1630 Batam Maiu *****1 M04 07 11/2300 Batam Sayang U029A M05 alongside 07 11/2300 JllfOng Pert
        709 words
      • Article
        IN MALAYSIAN PORTS
        96 47 B**l ri i ta 1 Hu l; l; lory Se ,atan W n,l: 5. jristar I; 6: Kota Malumir. Olittty. Bow Queen. St Antonio. DCfc Ambrosia. Due on Nov 7: Ocean Ruby, Pernas Safari. Far East Navee. Due on Nov 8; Stolt Exporter, Ajon, Global Mercury, Tonegawa.
        96 words
      • Article
        CONTAINER SCHEDULE
        837 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookiig/Babnct Rsfts St4> Voy No Etb/Btr Period From To From A Venture 02/342 10/0001 3 08/0700 08/1159 08/1400 4 08/1200 08/1459 08/1700 ACX Daisy 206 09/2000 1 07/1500 07/1659 07/1900 3 08/0700 08/1159 08/1400 4 08/1200 08/1459 08/1700 Aka
        837 words
    • Article
      Lock icon Fiat, Hitachi and Deere in joint venture
      390 48 FT LONDON Fiat. Italy's biggest private-sector company, is in advanced negotiations with Hitachi of Japan and Deere of the US to create a joint venture in the troubled earthmoving equipment industry. The three companies said on Wednesday they had signed a memorandum of
      FT  -  390 words
    • Article
      Lock icon Peru strips state of railway monopoly
      155 48 Reuter LIMA Peru eliminated the state monopoly over railways on Wednesday in the latest of a series of decrees aimed at spurring private investment and consolidating President Alberto Fujimori's economic reforms. The decree published in the official gazette lifted the monopoly, saying competition from
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      Lock icon Rockwell earnings up 14pc, boosts dividend
      146 48 UPI EL SEGUNDO. California Rockwell International Corp reported on Wednesday earnings of U*****.4 million (***** million) or 66 US cents a share, for its fourth quarter ended Sep 30, an increase of 14 per cent over earnings of U*****.9 million, or 56 cents a
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      Lock icon Earhart plane may have been found
      254 48 UPI WILMINGTON, Delaware Aircraft wreckage recovered from an uninhabited Pacific island may solve the mystery of the July 1937 disappearance of US aviation pioneer Amelia Earhart, an international group said on Wednesday. "There is sufficient material in hand so that a conclusive identification of
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      25 31 Lines and services represented Members el the Registry el Accredited Singapore National Ship- jfrJJ lor luivcrtisinx enquiries, contact Shtpmnv hme\ h i 74<> 2<m/740 :t)<M)
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      231 31 TOE FAMOUS 5 Vik/'JMM 224 1833 For more information please refer to Pg. 12 Container Schedule 17 Daily Freights 2 inde» to Advertisers 1 Shipping Guide 10.11 Ships in Port 17 Singapore Tides 17 Transport Diary 3 Veritas Report 2 Weather and Sea Conditions 17 Looking for a Freight Forwarder?
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      127 32 2 DEEP SEA PASSENGER FERRY VESSEL FOR SALE CHARTER s-r Q.R.T. 3821-51/3968 46 PAX Capacity: 830 Available for viewing in Singapore. Interested, please call Tel: 278-4447 APPOINTMENTS Shipbrokers Trainee Shipbrokers Oppoitunilies are opened for people to join an established and expanding shipbroking company with associates in five continents. Applicants for
      127 words
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      582 33 feggf wpcrt |«s«i *or»cf n^ —rr— EXPORT •MM« lIKKfli M <WC HF« SGrl mui wSJKBnS wu SS SS rT —frM- I"I ™T OOCI FRIEDOM 31 J2'}J 39/19 il/U M/ll 07/H M/il I SpJ: F *W»Hr ?S/VMMMiI MMU fl/|{ jflj J* /w l#/1 21/12 *5/1* hdsj ITS U5ißrgirff WSStt/ypy«Gt r it
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      1285 33 TRANSPORT DIARY i li 2 'Ar wSrs h con ';i l h> v,r I Bulk and Tankcr .n^.r r T? 1 Sla e ol ,htf W^>rld organised by The Institute ot hart-r ,rcnds pore Branch) at the World Ti2? G^reChrt!k" P'T' enquiries, please call Miss Amy Lim at td 22^7388
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      1055 34 [rottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HANNOVER EXPRESS 05/344 10/11 27/11 29/11 2/12 3/12 HONGKONG EXPRESS 04/145 14/11 8/12 4/12 3/12 lii*ly KAGA 21/345 17/11 4/12 6/12 9/12 10/12 KURAMA 13/146 21/11 15/12 11/12 10/12 FRANKFURT EXPRESS 59/346 24/11 11/12 13/12 16/12 17/12 ***** L KASUGA
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      757 34 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 11/12 14/12 20/12 AISO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF VAP CLX IMPERIAL 2901E8 27/11 3/1 VI 11/1 12/1 ALSO ACCEPTING CARGO TO ARICA.
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      Page 34 Advertisements Column 3
      1554 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE Wl/VOY SIN ALG BCL HAM BftE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9135-3 10/11 02/12 04/12 05/12 07/12 06/12 08/12 07/12 08/12 NORASIA PRINCESS 9136-3 17/11 07/12 09/12 12/12 14/12 13/12 15/12 14/12 15/12 JAPAN SEA
      1,554 words
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      2058 35 £jg Steamers Maritime Holdings Ltd |nV STRAITS SHIPPING WPPI'I BPBm UH ®®WH wi^Containers iuv Voy No Kl( H Hon, #Pkl S port M| Sou Ant Dot Hb| OSAKA BAT 057? 06 11 03/11 09/11 2S/11 21/1130/11 ACCEPTS DUE SAKS LIXA MAfItSM 9114 OA/11 10/11 10 11 13/11 21/11 01/12 02/17
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      Page 35 Advertisements Column 2
      2545 35 TO: U.S.A./PANAMA FM: U.S.A./PANAMA VtSSft, VOY SP Q*K I Gfl CKI FOB S«V NO* IPC VtSSd KOI W<c NOB s«v cm ica Q«K _SP CHOYANG PAR* 1F144 10 II 11? 51? 14 1? 11 1? 19 I? 21/12 22 1? BREMEN SfMTOA *«138 »/l 21/1 29 4/10 1] 10 14/10
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      Page 35 Advertisements Column 3
      362 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vtssfi wor I v [rii Tiuc [7* COSMW: LtADtK 1 SID WPT I HFltCI* 11 7/11 1/11 KANG AN KOU 1J 1/11 I I ORANGE OCEAN "u» TTI SUNN* VENTURE 1 uTfi I I COSMIC CHAUENGER T? fITTI 13m I TANAJNG
      362 words
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      532 36 aw CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOV SPORE ROAM/KOMI H BURG BREMEN ANTWERP SMMVI 33*8 8/12 6/1 12/1 16/1 21/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to Inducement Alto accepting cargo to Casablanca. Port Said, Port Alexandria. Genoa. Trieste. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO
      532 words
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      Page 36 Advertisements Column 2
      1343 36 0 HANJIN SHIPPING lii 11 ■11 Ii *****111 1 111 *****1 FOR VSL I SIN I IMC HAUL IGB OAK FW Wl SIN IK HAH SM lIM NYC HANtIN KAOHSIUNG 006E II II DIRECT ?I? b1? HANIIN CHIHJ 075£ 11 II M PROPITIOUS 02l£ U/12 20/12 22/12 HANJIN MMMG OOK
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      Page 36 Advertisements Column 3
      56 36 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANDARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CARGO VESSEL. TUGS A BARGES SPECIALISE IN HEAVY-LIFT, PROJECT CAROOES TO ALL INDONESIA. MALAYSIA. THAILAND, RIILIPINE PORTS. OFFER CHARTERING OP OUR CARGO VESSEL, TUGS A BARGES. TEL: *****26 FAX: *****63
      56 words
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      Page 36 Advertisements Column 4
      1274 36 j j _j .t jrmim If am k nil ?Sii ST., t?®„ 5?,, J?., IKINMniIiriKnCIIM I r QfMnV*s Jim *1! SMJ2/ t u 11,1 »<» »II »/ll »1 tt/l 1?/I a/I 1/2 S/l 4/1 I I »rt! 2/!! .%H .i'H ;/u > U2#i2 >> «> in »»i w/i m »t
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      2042 37 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS- NEPTUNELINKTEL *****00 USA SERVICE -.*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 m NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-(03)
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      Page 37 Advertisements Column 2
      1072 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASIKMC-ttSCHAHONC WESTBOUM)-IOAfIWG IKANSHPfED WA HOTTBPAM wans wt f» |m* [wig "wr |sm fm [mos [5* pS
      1,072 words
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      1764 38 K (CRNo: **********0 M) WdK W Wm. AS AGENTS: KAWASAKI SINGAPORE (PTI) LTD *J* TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 Ei MALAYSIA: "K" LINK IiAWTWK <*ALAY«4A) tON SHO 1 T"„"~ TEL: SA *****00 PK *****01/5 PENANO *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t sarana laut intkrnusa. Tel:
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      Page 38 Advertisements Column 2
      1170 38 ws PHIU-OM€NT LIN€S PT€ LTD i 108 Robinson Road #07-00 GMG Building Singapore 0100 Tel: *****22/*****69/*****00 Talex: RS ***** PHILI FAX: *****78/*****38 BY air, land or 5ea..... A WE TAKE ON THE WORLD FOR YOU (Wff MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 16 NOV DUBAI. DAMMAN, SHARJAH, DOHA 12 NOV
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      1274 39 aasaPfl pacific international lines (Pte> ltd m tm ißll P'L Building, 140 Cecil Street (*O3-00, Singapore 0106. [JAKARTA [BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN BUNGA TERATAI 453 10/11 12/11 17/11 KOTA SURIA 0110 0/11 11/11 */11 EDEN 461 12/11 14/11 19/11 JENLINK 77N t/11 10/11
      1,274 words
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      Page 39 Advertisements Column 2
      1088 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Detff 408 12/11 26/11 29/11 1/12 2M2 Nedlloyd Houtman f 406
      1,088 words
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      Page 39 Advertisements Column 3
      432 39 MYANMA WIHA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf ME R GUI Vllo* 9/12 Nov HP* AN VI6M 11/20 No* PWYA VIII* 23/25 No* PAGAN Vl76* 26/Zt No* HPA AN Vl7o* JO/2 Dec THE BANK LINE (A Mrvic* of Andrew Woir Shipping)
      432 words
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      776 41 rnmrnrmmmmm ■TOjlzj t ii» i ill ***** f ScanPutchg 4 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEDER VESSEL P.KLANG PENANO OCEAN VESSCL SIN LE HAVRE(I) W'OAM(2) S'HAMPTONQ) WBURO(4) GBURoW 8 Swaia/W Bhum 1/11 J/11 31/10 2/11 N OolM/408 12/11 20/U 30/11 2/12 3/12 B s«><xa W Bhum 10/11 1/11 9/11 7/11
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      Page 41 Advertisements Column 2
      675 41 HEDLLOYD EUROPE T Nedltoyd Lines SERVICE OFFERS YOU 21OAYS TO GOTHENBURG 1 NEW ZEALAND/FIJI I VESSEL Jit fit 'Pen *»k Sin S'baya Auckland Fiji(A) NPtymouth(A) Timaru Lyttelton(B) Dunedn(B) Napier WeSngton(C) Tauranga N Rosario 9126S 18/11+ 16/11+ 10/11 10/11 15/11 19/11 4/12 11/12 6/12 7/12 8/12 8/12 9/12 10/12 11/12 N
      675 words
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      732 42 tolWlMllll'ti TO AUSTRALIA/NEW ZEALAND "isl [sin iFiwn llrMb [I»S Uuct [nK Ip CHUM imrtha h 2»i uTTT Ii7IT TtTTT "777T "iTiT ~571F" TiTli lUIN HUNG 212 1/12 J/12 14/12 11/12 24/12 27/12 MUSStI 213 19/12 2S/12 2/1 »/l 14/1 17/1 C VUOIMt 214 5/1 12/1 17/1 21,1 21/1 30/1 TO
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      Page 42 Advertisements Column 2
      814 42 OUTBOUNO VOY PKL PEN MT 1 SIN IMM HKG XAO KEE TYO SMI NGO HMTII WtSSCI VOY |SIN |PKL PtN BLW SW ACX DAISY 206 *3 11 Mil 511 ill 1311 1511 ***** *****211 ACX RUBY 29A 1011 11 11 13.11 1211 1511 C CUM* 118 til »11 IMI 1*
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      Page 42 Advertisements Column 3
      1494 42 ta& a a CHINA OCEAN SHIPPINGi COMPANY FULL CONTAINER LINER SERVICE Malaysia'S AGENTS SINGAPORE'S GENERAL AGENTS S S 6 PTE LTD r--;ss;r' KgffiS- s^as-™" GUAN GUM SHIPPING SON BHD a NO U7I7IMOOOM JJ H S lil'M m 2 iSSnriiniai FAX: 03-*****54 TLX: MA ***** uur oiHirMNT. 41S 00 PfNANG TIL:
      1,494 words
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      Page 43 Advertisements Column 1
      520 43 To: ALL VALUED CUSTOMERS: WEEKLY CONSOLIDATION TO Far East, Europe Mediterranean Offering Very Competitive Rates Call Us Now! For Your Next Consignment. FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA CIO LOADING FOR DELI INDAH ***** *****1 PKBALAM I LAMPUNG JAYA *****1 *****1 PANIANG PALEMBANG PINANG lAYA
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      Page 43 Advertisements Column 2
      573 43 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I® ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vcssri Tvoy t ta fi oading for SPORf ANOINI T t 'sWfl 16 DARFSSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT ?7WB 15/0! DARFSSAI AAM MOMBASA DJIBOUTI
      573 words
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      Page 43 Advertisements Column 3
      919 43 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD lIA (IX EH SPORE PORT UIANG PfNANG BlUf lAOC 77 II loading h» V i» IRUVAI HUDHU 30 11 losing to' Cakutta" OOIPHtN 1? 11 loading for Vjt PIONEER SUPREME 7 17 Loadiry for Half DONAHUE HI »1 II liadrd For Fdiajiii
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      Page 43 Advertisements Column 4
      837 43 JAKARTA BANGKOK wssti ww m jkt [vena [wv swatwwt mmm AM BHUM 116S 9/11 12/11 HARI BHUM" 08N In Pt S/ll Man 11/11 EAGLE WIND 140 10/11 15/11 GURU BHUM 04N In Pt 1/11 Man 11/11 AKA BHUM 117S 16/11 19/11 MAHA BHUM# 82N Sat 9/11 Tim 12/11 EAGLE WINO
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      1211 44 S'PORE MP0R7:*****02 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 i f j I PEN PK SIN PtN PK SIN Colombo 6/11 7/11 8/11 5/11 6/11 7/11 Ldn/Fli/Rdm/Ant Durban/Pt Louis 6/11 7/11 8/11 10/11
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      Page 44 Advertisements Column 2
      311 44 BLUE star line TO FROM Hz NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPL ML LVT SIN PHOSffCT 15S 12/11 19/11 WW Nft 21/11 «/12 MA NOAM* 050* 19/11 30/11 MA NPI 2/12 29/12 PREMIER ISS 21/11 9/11 WA NPI 11/11 29/11 FULLY CONTAINERISED
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      1222 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****N FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER «EWVICE« SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor let* IICST VESSEL WT SWK P. MUMC KIM
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      834 45 >E3^^^compans^EßUAN^^^ \fcJHL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO, MA TAR AW. HO* ft OTHER PERUVIAN PORTS* WITH T/S AT KO6E ON CPV THROUGH BILL OF LADING. Penwf* P. Kelanf Sinfiporc EMsii KAMBCVEKTT PT9/08 Nov U/12 Nov JOHNEVERETT 13/14 Nov 15/16 Nov SHAPLAEYERETT 01/02 Dec Wgk "EVERETT
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      Page 45 Advertisements Column 2
      475 45 ICZ3Z I IWI^I N.AMERICA/CARRIBEAN SERVICES HESSEL DOT S* MARRWFR LAI AST SAY NYC HEX m OSAKA 20E 14/11 M ITALIA 17/12 26,1? 30 12 1/1 3/1 2M TRESTE 132E 22/11 W KOREA 2C/I2 4/1 l/l 10/1 12/1 TIM HAIFA 70E 1/1? 7M KORGA 26 1? 4/1 1/1 10/1 12/1 Acceptnf
      475 words
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      Page 45 Advertisements Column 3
      569 45 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS ILDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ALL
      569 words
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      Page 45 Advertisements Column 4
      506 45 WX PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBV PELOPOR 1013 09/11 12/11 DERAJAT 962 12/11 15/11 DASA LAMA 936 13/11 16/11 PELOPOR 1014 16/11 19/11 TANTO UTAMA 205 10/11 13/11 BONTANG PACIFIC 108 14/11 17/11 TANTO UTAMA 207 18/11 21/11 BONTANG PACIFIC
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      Page 45 Advertisements Column 5
      361 45 sw FM EAST 18/11 KEELUNG/KAOHSIUNG 16/11 BANGKOK 17/11 MANILA, CEBU 12/11 JAKARTA/BELAWAN/SURABAYA 17/11 PORT KELANG/PENANG/E. Malaysia 17/11 BUSAN 12/11 TOKYO/YOKO/KOBE/NGO/OSA 12/11 HONG KONG SIN CNIM 12/11 GUANGZHOU/HUANGPU/SHENZHEN EUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EWOPC/UK 13/11 LON/FLX/LVP/SOU 13/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech SjN USA/CANADA 13/11
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      909 46 CI/ FIL CONTAINER SERVICES PTE LTD I £■£§—MADRAS CALCUTTA BANGKOK VSL SIN/MADRAS VSL SIN/CALCUTTA VBL BIN/BANGKOK SM MAA SM SM CAI SM SM BKK ICII AVAILABLE 03 03/11 09 U/U 17-18/11 NHT AVAILABLE 03-03/10 10-14/11 20 21/11 NEXT AVAILAEAE 5 No* No. M M/ 11 15 17/11 23 24/11 M
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      Page 46 Advertisements Column 2
      532 46 Bonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO: FORT VESSEL ETA NEXT BANGKOK CONTERM MGENUITV 10/11 17/11 JAKARTA CONTERM EDEN 13/11 20/11 PENANG CONTERM SEROJA 11/11 IS/11 PORT KELANG CONTERM N BHUM 10/11 17/11 AUCKLANO CONTERM MAHSURI 10/10 19/11
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      Page 46 Advertisements Column 3
      529 46 CUII con-urn mTERmoDRp* J LCL/FCL SERVICE FROM f I HI HI oorstes ovf6ootorwilnafc/oflcM in U.SA < I I Hjm A \CWl maintains ov9T 35,000 tractors trucks V II mßi tervices over 60,000 points in US A. l JHK M CWI ofter ratable ICL/FCt services General Aganti: Qf PENANG KL: allied-link
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      Page 46 Advertisements Column 4
      491 46 mmmi MANILA ETA VIGOUR PACIFIC 49N8 9/11 VIGOUR SINGAPORE 13NB 16/U BANGKOK 16/11 20/11 1 BUSAN 11/11 18/11 HONGKONG 15/11 23/11 DURBAN PT LOUIS 20/11 29/11 KEELUNG 11/11 18/11 USA 11/11 18/11 PT KELANG 12/11 15/11 KOBE 12/11 19/11 PIRAEUS 14/11 3/12 OSAKA 16/11 23/11 lAKARTA 12/11 15/11 DUBAI 14/11
      491 words
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      15 47 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
      15 words
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      Page 47 Advertisements Column 2
      350 47 vO c vO c vOc vC )c vO c vOc vO c U VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUDATOBWITH WORLDWIDE NETWORK \J Weekly FCIACL Services U > USA fUROPE FAR EAST > Baltimore Votainer Consolidation Services Hamburg: Van Ommeren Hamburg
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      290 47 TIDES AND WEATHER v v.4n«Mt***.■+ ttfi'MM:lW< ml 4MHNt4MAMPIWMMI^MM|MMtoNMNNMMpW»«mMNMIMWMM«NE TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 OSOO 0900 ******************** ***********************************0 26 27 24 19 15 1 1 10 U 14 19 27 3.1 32 29 24 18 12 07 04 03 04 08 14
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      Page 48 Advertisements Column 1
      805 48 CHARTPOINT Every Saturday in Business Times HYUNDAI Jk MERCHANT MARME CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEOCP VOY PGP WE SH UgJWt VQV KAO UN OAK St* IX HAU. VOT KAO TCM/gA PTI NAN HM 201 N036 10/11 9/11 7/11 H. CHALLENGER 4CI 15/U 2/12 5/12
      805 words
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      Page 48 Advertisements Column 2
      176 48 [ggj| PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmml Voy eta sta eta Sin Surabaya Jakarta Bon tang Pacific 9B 08/11 11/11 Tanto Utama 205 10/11 13/11 Nusantara Pacific IB 13/11 15/11 Bontang Pacific 108 15/11 18/11 Tanto Utama 207 17/11 20/11 Also accepts LCL FCL to
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      Page 48 Advertisements Column 3
      521 48 ICHARTPOINTI Every Saturday in Business Times 1/^VISA FREIGHT SERVICES PTE LTdQ Established Sine* 1984 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT Oceania Port-otf-Call Far East Port-of-Call Australia: Bangkok Sydney Hong Kong Melbourne Manila Fremantle Keelung New Zealand: Auckland aka,ta Penang (Acting all p Keijng
      521 words