The Business Times, 13 November 1991

Microfilm: NL17723
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MCI (P) 16/12/90 Wednesday, November 13, 1991 75*
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  • NEWS SUMMARY
    • Article
      Japan's machinery orders hit record high in September
      81 1 TOKYO Machinery orders received by Japanese companies in September jumped 20.5 per cent from a year earlier to a record high of 2.36 trillion yen (5512.9 billion), the Economic Planning Agency said yesterday. The overall value in September represented a rise of
      81 words
    • Article
      Indon army accused off killings in E Timor
      78 1 JAKARTA The Indonesian Legal Aid Foundation charged Indonesian troops yesterday with killing about 115 people during a religious ceremony at a cemetery in the former Portuguese colony of East Timor early in the day. The Legal Aid Foundation in a letter addressed
      78 words
    • Article
      Bid for OHQ status
      27 1 THE local subsidiary of Japanbased Rubycon has started to restructure its management operations in a move towards attaining operational headquarters status Page 4
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    • Article
      M'sian slowdown seen
      23 1 THE Malaysian economy is forecast to see a slowdown next year, says Hongkongbased Political and Economic Risk Consultancy Page 9
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    • Article
      Lower US growth
      38 1 GROWTH for the US economy next year has been revised downwards to about 2.5 per cent but the Organisation for Economic Cooperation and Development does not foresee the economy slipping into a recession Page 10
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    • Article
      Defection danger
      33 1 EXECUTIVES or skilled workers sometimes leave a company to set up in competition with their former employer. And, occasionally, that employer suspects that confidential information may also have departed. Page 14
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    • Article
      FAA to open office
      36 1 DRAWN by the growing aerospace industry in the Asia-Pa-cific, the US Federal Aviation Administration has decided to open an international field office in Singapore in April next year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      44 1 US STOCKS posted gains in morning traing, but the Dow came off intial session peaks. Secondary stocks continued to forge ahead. The Dow was up seven at 3049 after reaching 3057 in early trade. Gainers led losers by around seven to three.
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    • Article
      Footsie higher
      40 1 LONDON share prices advanced steadily by midday yesterday, boosted late in the morning by the announcement of October wholesale price figures. Just after 1200 GMT, the FTSE 100-Share Index stood at 2,573.1, up 18.2 points from Monday's close.
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    • Article
      Kian Joo moves ahead
      21 1 KIAN JOO Can Factory Bhd is pressing ahead with plans to expand its packaging business Page 5
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    • Article
      Joint venture
      30 1 KEPPEL Integrated Engineering has teamed up with Mechmar Corporation of Malaysia and Tronica Pte Ltd of Singapore to set up a company called Mechmar Keppel Engineering Page 5
      30 words
    • Article
      Summa shines
      29 1 SUMMA Investments has achieved better interim results, with turnover rising 54 per cent to just under $12 million, and net earnings up 13 times to $660,000 PageS
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    • Article
      Borrowing to expand
      15 1 ASIAN companies are borrowing more to finance their expansion plans Page 8
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    • Article, Illustration
      STOCK INDICES
      2 1
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article
    Businessmen see 6.5pc third quarter growth
    547 1  -  Weak manufacturing, financial sectors dampened results: economists By Chuang Reck Ming SINGAPORE Economists and businessmen say economic growth in the JulySeptember quarter was about 6.5 per cent, compared with 7.5 per cent in the first quarter of the year and 7 per cent in
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  • Article, Illustration
    CCL moves properties into new company
    476 1  -  More than 1.43 m sq ft of land in S'pore and M'sia affected By Sylvia Wong SINGAPORE Cycle Carriage Ltd (CCL) and two of its associate companies in Malaysia have announced plans to combine all properties not used for their operations into a new
    476 words
  • Article
    Lock icon Stanchart HK cuts back home loans
    255 1 AFP HONGKONG The Standard Chartered Bank here yesterday joined the Hongkong and Shanghai Banking Corporation in a move to curb overheated property speculation by cutting back the lending ceiling on home mortgages. A spokesman of the bank said loans would be cut back to
    AFP  -  255 words
  • Article
    Roh calls for free trade area in Asia-Pac
    362 1  -  Apec meeting opens Fro* Catherine Ong in SEOUL SOUTH KOREAN President Roh Tae-woo yesterday called on the Asia Pacific Economic Cooperation (Apec) forum to explore the idea of a free-trade area within the region. In a dinner address to 26 foreign and
    362 words
  • Article
    Kinta Kellas to manage huge project in Vietnam
    198 1  -  By Lee Han Shih SINGAPORE Kinta Kellas Investment pic has secured a project in Vietnam that is possibly the largest ever to be undertaken by a company in this region in Indochina. The listed company, part of the bumiputra-controlled Renong group in
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      167 1 Centrepoint #01-30, Tel: 737 4509 CONTENTS Aircraft Schedule 31 Commodities 30 Company News 5,6,7 Cryptic Crossword 31 Edtoritf 12 Financd News 8 Futures Options 29 HK 4 Tokyo Stocks 26 Interbank Forex Rates 29 Jakarta/Bangkok Stocks 25 KISE 23 Law 14 Money Changer Rates 31 Money Market 29 Regional News
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      Page 1 Advertisements Column 2
      74 1 Govt measures unlikely to curb HK property boom, Pg 3 Room for good growth in F&B industry MANUFACTURERS and marketeers in the and, most of all, Singaporean's expenditure on food and beverage industry firmly believe FAB have hit a plateau. F&B companies are there is room for good growth in
      74 words
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      Page 1 Advertisements Column 3
      78 1 More reports on Pg 2: Overall trade growth likely to be 7-lOpc: analysts Higher tourist arrivals bring good cheer to hoteliers, retailers •Fewer reasons lor retailers to celebrate ynCAfOU !>« IKIL«(AA&S«Luik>nujTH ;wtni>tui>M DStU»n««Cn>naHW 7MlMMo)«fVmubv%uaM mmimti-fna M -tlljfcj 541.10 M IWU4I (><«<• **va* Trmwvtl I (MlWMWr«l>l WMM Tnmnri 2 6a* Wr*
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      Page 1 Advertisements Column 4
      27 1 LCVrt BOUTIQUES: #02-19 Omraponl #81-64 Warn* *na #01 24 Tt» Forun #01-08 Shs» [Mun Gaftory #0141 Parimay Pmw» #0119 Otmon Port #01-03 The More reports, Pg 3
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  • PAGE 2 NEWS
    • Article
      Overall trade growth likely to be 7-10 pc: analysts
      745 2  -  Preview of Singapore's third-quarter economic survey: Commerce By Schutz Lee SINGAPORE'S overall trade performance this year will be robust, with analysts of various investment houses forecasting growth of 7 to 10 per cent in nominal terms. Three quarters into the year,
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    • Article, Illustration
      Cumulative figures set for turnaround as more tourists arrive
      814 2  -  By Alvin Tay THE traditional festive season light-up along Orchard Road will take place this Saturday. And by then, hoteliers and retailers will have been cheered somewhat by the fact that cumulative tourist arrivals are due for a turnaround. After eight
      814 words
    • Article, Illustration
      Fewer reasons for retailers to celebrate
      676 2  -  J* Sylvia Wong WHILE Orchard Road is decked out in its usual festive finery to welcome shoppers for the yearly Christmas rush, retailers along the shopping belt will have fewer reasons to celebrate this year. They know that this season will be different in
      676 words
    • Article, Illustration
      Lock icon Asian dollar market bucks six-year-old growth trend
      323 3  -  By Chew Eng Han SINGAPORE After six consecutive years of rapid expansion with annual growth rates of more than 20 per cent Singapore's Asian dollar market experienced a sharp contraction of 6.2 per cent in August. The latest monthly statistical bulletin released by
      Source: MAS  -  323 words
    • Article
      Baker to oppose KL's trade group proposal
      521 3 Apec meeting SEOUL US Secretary of State James Baker will oppose Malaysia's proposal for an Asian trade group that excludes American participation, a senior US official said yesterday. The official, who asked not to be identified, spoke to reporters on Mr Baker's plane
      521 words
    • Article
      KL move unlikely to affect Asean stand on regional issues
      458 3  -  From Catherine Ong In SEOUL MALAYSIA'S sudden decision to downgrade its representation at the Apec ministerial meeting surprised its Asean partners but is not expected to affect the Southeast Asian grouping's collective stand on regional matters, a Singapore official says.
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    • Article
      Lock icon Australia urges S Korea to lift ban on rice imports
      289 3 AFP SEOUL Australia, a leading member of the Cairns Group of food-exporting countries, yesterday strongly urged South Korea to open its agricultural markets to ensure the success of global trade talks. "It is, in my view, impossible to start making
      AFP  -  289 words
    • Article
      Rethink needed on Zopfan, says Lee
      258 3 SINGAPORE The background that caused Asean to propose the Zopfan concept has changed, so the relevance of Zopfan will have to be re-thought and made relevant to the new situation which will emerge, says Senior Minister Lee Kuan Yew. Mr Lee made this comment
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    • Article, Illustration
      Lock icon Govt measures unlikely to curb HK property boom
      598 3 AFP HONGKONG The property market boom in this crowded British colony is showing little sign of collapsing in spite of recent government moves to curb rampant speculation. Thousands of prospective home buyers joined speculators last week for the first sale of apartments
      AFP  -  598 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      133 2 Unrepeatable Investment o" e £*'Jdfoj^hS& irtunity Sydney Harbour Australia 19 LUXURY APARTMENTS plus 5 TOWNHOUSES EN BLOC INVESTMENT FOR SALE "HE WATERMARK APARTMENTS 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
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      2 2 Tomorrow: Manufacturing
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      30 3 Struggling for an identity, Pg 12 gentleman GIVE N C H Y SINGAPORE BOUTIQUE #01-12 THE PARAGON 290 ORCHARD ROAD CWNER§ BUKIf KINASAIU VAOHAN DEPT STORE CENTREPOINT SABAH f~ "MRANSHARCQ
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Nobel Prize winner to give public lecture
        106 4 THE University of Chicago Club has invited Professor Merton Miller to lecture on themes discussed in his new book, Financial Innovations and Market Volatility, on Nov 18. Professor Miller was the co-recipient of the 1990 Nobel Memorial Prize for economics and received a
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      • Article
        Showcase of good design
        84 4 THE Singapore Trade Development Board said yesterday that the Design Centre at the International Merchandise Market would soon showcase products of good design. The products, home-made and from overseas, can be seen at the Singapore Showcase and the International Showcase, respectively. The Design Centre will hold
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      • Article
        MPH Building reopens in Dec
        91 4 MPH Bookstores (S) Pte Ltd has announced that the restored MPH Building at Stamford Road will reopen next month after a $23 million refurbishment programme. The building has been closed since April last year. The renovated premises will house four storeys of books and information
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      • Article
        Corrections & clarifications
        50 4 Corrections clarifications IN BTs Nov 11 report "Going it alone, and doing just fine", there was a mention that Arthur Andersen had merged with Price Waterhouse. There was of course no such merger though the two firms were reported to have explored the possibility. We are sorry for the error.
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    • Article, Illustration
      Rubycon S'pore aiming for OHQ status
      371 4  -  Firm wins quality award from Sony By Claire Leow THE local subsidiary of Japanese component maker Rubycon has started taking steps to qualify for operational headquarters status. As a start, Rubycon's Taiwanese plant is now being managed out of Singapore. Rubycon Singapore, which yesterday
      371 words
    • Article
      Civil servants to get 3 months' bonus
      155 4 PUBLIC SECTOR employees will receive in full the remaining portion of the three months' bonus promised to them in June. The government said then that if economic growth for the year Cell between 6 per cent and 8 per cent, civil servants could
      155 words
    • Article, Illustration
      NTUC offering overseas scholarships to attract talent
      317 4 IN AN EFFORT to attract more talent to the labour movement, the Singapore Labour Foundation will launch an overseas undergraduate scholarship scheme next year, the secretary-general of the National Trades Union Congress, Ong Teng Cheong, said yesterday. "Through the SLF (Overseas) scholarship, we
      317 words
    • Article, Illustration
      Peru to open embassy in Singapore soon
      537 4  -  Move aimed at boosting trade between the two countries By Salil Tripathi PERU will open an embassy in Singapore soon to improve trade between the two countries, the Peruvian president, Alberto Fujimori, said at a press conference yesterday. At present, Peru has consular
      537 words
    • Article, Illustration
      French name, Japanese contractor, Singapore condo
      132 4 LE MARQUE, a Frenchsounding condominium project to be developed by a Japanese contractor in Singapore, was launched yesterday. To stand on Keng Chin Road off Bukit Timah Road, the four-storey building is being developed by Toa Corpo- ration. It will have 40 apartments ranging
      132 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      169 4 Effective Plant Layout and Warehousing 2-l)a\ Practical Hands-On Seminar) Organizations are constantly faccd with the problem of maximizing the useofpreciousavailable space.This seminar brings toyounewdimensiotis in the management of economic spaces and addresses the critical issue of costs and ergonomics. Key issues in effective manufacturing plant layout Productive vs Process-oriented layouts
      169 words
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      Page 4 Advertisements Column 2
      57 4 Taman Perindustrian Cemerlang Phase 3 Open for Booking Now! Freehold Semi-Detached Terraced Factories In Johor Baru Land Area 3160sq.ft 26.000 sq.ft. s® o 2 Covered Area 3400sq.ft 8700 sq.ft. No restriction on foreign ownership Terrace factories: from M 5290,000 onwards Vtow MoMs at o«r thewroe Mi 3 Ifpp Mcfcerinf ttf
      57 words
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      Page 4 Advertisements Column 3
      55 4 Auction til rn'MIiBIBMMMBMMHIWBI BRISB 361 MOCCILL ROAD 7 DAYS A WEEK SHOPPING CENTRE Fully leased to quality tenants 200 m from Westfield Shopping Town Busy corner Exposure to 40,000 cars/day Parking for 40 cars Ideal long term redevelopment Net Income $205,000 p.a. Building area 786m 2 Land area 1,725m 3
      55 words
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  • COMPANY NEWS 1
    • Article, Illustration
      Kian Joo going ahead with plan to expand packaging business
      684 5  -  From William Chia in KUALA LUMPUR ALTHOUGH Kian Joo Can Factory Bhd expects to face tougher competition from existing and new competitors, it is pressing ahead with plans to expand its packaging business. Executive director Anthony See told BT that
      684 words
    • Article
      Keppel company gains foothold in M'sia
      321 5  -  Kepfels, Mechmar to each hold 47.5 pc of new company, MKE By Lee Han Shih SINGAPORE Keppel Integrated Engineering (KIE), a member of the Keppel group which has been targeted for listing, has spread its tentacles into Malaysia. Yesterday, the Keppel group said it
      321 words
    • Article
      Summavest turns in better interim results
      244 5 SINGAPORE Summa Investments has turned in a set of improved interim results, with turnover rising 54 per cent to just under $12 million and net earnings up 13 times to $660,000. The company, controlled by the Indonesian Summa group, also saw its attributable profit
      244 words
    • Article
      SES queries Acma on proposed acquisition
      233 5 SINGAPORE Listed electrical supplier Acma Ltd was queried by the Stock Exchange of Singapore on its proposed acquisition of Dynamech Electronics and Dynamar Holdings. SES asked Acma to furnish details on the purchase arrangements, the owners of the two companies, the effect of the
      233 words
    • Article
      Food firms as investments: high time for a menu change
      695 5  -  MARKET TALK By Genevieve Cua SINGAPORE Listed food and beverage companies are going to need a huge dose of innovation, or new investments in areas totally unrelated to their core business, if they are to attract and sustain the investors'
      695 words
    • Article
      IHI confirms sale of 20m share stake in JSL
      142 5 SINGAPORE Japanese shipbuilder IHI has confirmed the sale of a 20 million share stake in Jurong Shipyard (JSL) but no transaction price was given. JSL yesterday told the Stock Exchange of Singapore that it had been informed by Ishikawajima-Harima Heavy Industries
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    • COMPANY BRIEFS
      • Article
        SPC bunkering tanker hit by cargo vessel
        93 5 SINGAPORE Singapore Petroleum Company Ltd announced yesterday that at dawn on Monday, one of its bunkering tankers, the SPC Capricorn, met with an accident. It was hit by a cargo vessel, the Sari Samudra on the portside at the Western Anchorage. The SPC
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      • Article
        Marco Polo arm ups capital base
        54 5 SINGAPORE Marco Polo Developments Ltd said yesterday that its wholly-owned subsidiary, Marcobilt Developers. Pte Ltd, has increased its authorised capital to 1 million by creating 975,000 ordinary shares of Si each. Marcobilt also raised its paid-up capital to $1 million by issuing 999,998 ordinary
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      • Article
        City Dev buys Richview
        33 5 SINGAPORE City Developments Ltd has acquired a. Singapore-incorporated company called Richview Holdings Pte Ltd, which has a paid-up capital of $2. Richview is to be an investment holding company.
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      • Article
        Aliens said to own 6.48pc of SCS
        62 5 SINGAPORE The Overseas Union Bank, manager of the Singapore Computer Systems Ltd flotation, said 6.48 million' shares out of a total 34.25 million shares open for subscrip--tion have been allotted to foreigners. Foreigners, therefore, hold 6.48 per cent of the company's issued capital,
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    • Article
      CSM to gain M$43.3m from property disposal scheme
      231 5 KUALA LUMPUR Cold Storage (Malaysia) Bhd will make an extraordinary gain of M 543.3 million (5526.4 million), following the disposal of some its properties under a complex restructuring scheme announced here yesterday. In a statement by Bumiputra Merchant Bankers Berhad, CSM said
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    • COMPANY BRIEFS
      • Article
        Great Eagle unit sells HK property for HK$928 m
        105 6 HONGKONG Great Eagle Co Ltd, a wholly-owned subsidiary of Great Eagle Holdings Ltd, has agreed to sell an office building and car parking spaces in North Point to an unnamed buyer for HKS92B million (*****.5 million). Great Eagle has a 50
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      • Article
        Matsushita to raise CTV output
        99 6 TOKYO Matsushita Electric Industrial Co Ltd plans to boost overseas production of colour television sets to about 4.6 million in the year ending March 31, 1993, from a planned 4.1 million in 1991/92, a company spokesman said. The company plans to increase output at its
        99 words
      • Article
        Coles Myer may back Kalori bid
        77 6 MELBOURNE Australia's major retailer Coles Myer Ltd said it may support a bid by Kalori Communications group for Australia's second telecommunications licence. Kalori is the bid vehicle of Hongkong's Hutchison Whampoa Ltd for the second telephone and satellite system. Coles Myer chairman and chief
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      • Article
        Fujisawa sees lower parent profit
        82 6 TOKYO Fujisawa Pharmaceutical Co Ltd has lowered the forecast for its parent current profit for 1991/92, ending March, to 19 billion yen (***** million), from a May forecast of 19.5 billion yen, a company official said. It also lowered the projection for 1991/92 net profit
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      • Article
        Rural Press to raise A$50m
        60 6 SYDNEY Newspaper publisher Rural Press Ltd said it plans to raise about Asso million (Ss67 million) through a one-for-three renounceable rights issue at A 55.60 a share. Rural Press shares were last traded at A 56.80. Chairman John Fairfax said in a statement that funds
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      • Article
        Marubeni denies arms report
        100 6 TOKYO A spokesman for Japanese trading house Marubeni Corp has denied a South African newspaper report that the company is involved in exporting arms to South Africa. "We have never been involved in the deal," he said. Marubeni is checking why it was named in the
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    • Article
      Lock icon Manila Electric triples third quarter net profit
      378 6 Nod for Meralco's revised offering expected this week Agencies MANILA Power distributor Manila Electric Co (Meralco) nearly tripled its third-quarter net profit to 330 million pesos (5520.4 million) this year, from 116 million pesos a year earlier, due to improved operation, the Securities
      Agencies  -  378 words
    • Article
      Thai trader Berli Jucker to set up in Vietnam
      251 6 BANGKOK Thai trading firm Berli Jucker Co plans to set up a representative office in Vietnam, the Bangkok Post reported earlier this week. The office, intended to take advantage of existing investment and marketing opportunities, would also be responsible for a
      251 words
    • Article
      Lock icon NII in hurry to sell rest of Nat Steel shares
      279 6 Reuter PITTSBURGH National Intergroup Inc (Nil) is negotiating to sell its remaining 30 per cent interest in National Steel Corp to the majority owner, NICK Corp of Japan, sooner than scheduled, National Steel Corp president Ronald Doerr said. "Nil continues
      Reuter  -  279 words
    • Article
      Lock icon NZ daily cuts publication to twice-weekly
      196 6 AP CHRISTCHURCH, New Zealand The country is losing its second major daily newspaper in less than four months with yesterday's announcement that The Christchurch Star will be cut back to twice-weekly publication. The Auckland-based Wilson and Horton group, citing declining circulation and advertising revenue
      AP  -  196 words
    • Article
      Far East Aluminium seeks financing
      281 6 HONGKONG Far East Aluminium (Holdings), a leading contractor of curtain wall and aluminium works, is seeking financing for further expansion, the South China Morning Post reported recently. The newspaper quoted chairman Richard Pan as saying that the company was studying various ways for financing, including
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    • Article
      Last rites for Black Monday?
      776 6  -  MARKET TALK Rising Aussie stocks may have laid to rest ghost of'B7 market crash I By Florence Chong SYDNEY The sustained rise in the price of key Australian stocks in recent weeks suggests that the ghost of the 1987 world stock market crash may have
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    • Article
      Lock icon Mitsubishi and Daimler- Benz agree on tie-up
      238 6 Mitsubishi and DaimlerBenz agree on tie-up AP TOKYO The electronics divisions of Germany's Daim-ler-Benz group and Japan's Mitsubishi Corp have agreed to an alliance in semiconductor production and sales starting next year, a newspaper reported yesterday. The project would be only the second concrete deal by the two conglomerates since
      AP  -  238 words
    • Article
      Lock icon Microsoft, Digital to work together on strategies
      368 7 Reuter SEATTLE Spurning its tryst with International Business Machines Corporation, Microsoft Corporation plans to join Digital Equipment Corporation in a broad strategy to combine hot applications with networking. The two companies said they have set announcements over the next week to elaborate on
      Reuter  -  368 words
    • Article
      Lock icon Philips finalises sale of loss-incurring unit to Digital
      219 7 Reuter EINDHOVEN, Netherlands Europe's biggest consumer electronics group, Philips Electronics NV, on Monday said it had finalised the sale of most of its loss-incurring information systems division to Digital Equipment Corp. The sale covers the division's activities for financial institutions, small and
      Reuter  -  219 words
    • Article, Illustration
      Lock icon British Steel shares plunge on news of profit collapse
      317 7 FT LONDON Shares in British Steel plunged almost 20 per cent on Monday after the privatised steelmaker announced a collapse in firsthalf pre-tax profits and warned investors about the level of its final dividend. The warning, accompanied by a gloomy statement
      FT  -  317 words
    • Article, Illustration
      Lock icon Olivetti's woes force De Benedetti's return
      300 7 Move seen as a setback to current managing director FT MILAN Italian industrialist Carlo De Benedetti last night returned to full-time management of Olivetti, the computers and office equipment group, in response to the growing difficulties facing the company. Olivetti said the decision reflected
      FT  -  300 words
    • COMPANY BRIEFS
      • Article
        EC looks into Alcatel's takeover plan
        84 7 BRUSSELS The European Commission said on Monday that it was reviewing plans by Alcatel Cable SA, a unit of France's Alcatel Alsthom, to take over German rival AEG Kabel, a unit of German engineering group AEG. A commission statement said the deal needed clearance
        84 words
      • Article
        Mennen up for sale
        85 7 MORRISTOWN, New Jersey Mennen Co is up for sale and is talking to potential buyers, its chief financial officer, Leonard Sichel, said on Monday. Mr Sichel told Reuters that family members of the privately-held company had instructed company officials about one month ago "to explore the
        85 words
      • Article
        WestLB will hold Hoesch stake
        90 7 FRANKFURT Westdeutsche Laridesbank Girozentrale said it still favoured a merger between steel firms Fried. Krupp GmbH and Hoesch AG but might hold on to its stake in Hoesch as an interesting investment. WestLß chief executive Friedel Neuber told the Frankfurter Allgemeine Zeitung newspaper that he
        90 words
      • Article
        Northern Foods in dairy talks
        88 7 LONDON Northern Foods pic said it is in negotiations with food and drinks group Grand Metropolitan pic about the possible acquisition of GrandMet's liquid milk and fresh dairy produce businesses Express Dairy and Eden Vale. Should the acquisition proceed, it is likely that part of
        88 words
    • Article
      Lock icon Zenith to move some Taiwan operations to Mexico
      182 7 AP GLENVIEW, Illinois Zenith Electronics Corp said on Monday that it will stop making high-resolution monochrome computer monitors in Taiwan and shift assembly of the units to Mexico, eliminating 600 jobs in Taiwan. The restructuring of Zenith Taiwan Corp from a manufacturer
      AP  -  182 words
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      113 5 "SI ■111 "iffy ■m g i M* TF C*.i is i I JBMSMill^ METRQPOLE HOTEL SS400* 3 rjlTES ACCOMDATION WITH DAILY BREAKFAST T RA\ 3FER I call GS TRAVEL *****66 EXCLUDING AIRFARE" THE OF CIVILIZATION. I CONNOISSE UR There is now a place where international business c"lass is being redefined.
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      48 6 RENM SAVANNA GTS-$85,800 i' 4 Speed Auto with "Sport" Switch Front/Rear Seat Belt Big Luggage Space Luxury Family Car Factory Designed Roof Rack Tropicalised Cooling System Factory Anti-Corrosion Protection ygggv jiKiK f.a«»i >T4i£<>stV. "New" Servicing Centre Opening in mid 1992 I 24 LENG KEE ROAD SINGAPORE 0315 *****11
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      57 7 m v.Ki. W A <■ Cut from the finest quality fabrics AND TAILORED FOR AN INDIVIDUAL FIT, EACH SUIT FROM LANVIN BEARS THE HALLMARK OF UNSURPASSED LUXURY. THE LATEST DISTINCTIVE COLLECTION CONTINUES TO CREATE AN EXPRESSION OF REFINEMENT FOR THE MAN WHO APPRECIATES THE FINE ART OF DRESSING. LAN VIN
      57 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Riyad Bank stages biggest Saudi share offer
        92 8 MANAMA, Bahrain Riyad Bank of Saudi Arabia said it would offer the Saudi public eight million new shares in December in the biggest share flotation in the kingdom's history. The flotation, worth 3.8 billion riyals (S$ 1.7 billion), was intended to raise paid-in
        92 words
      • Article
        Bundesbank's 1991 profit soars
        84 8 FRANKFURT The Bundesbank's 1991 profit will soar to 19 billion marks compared with the 8.3 billion marks it paid to Bonn for 1990, Finance Minister Theo Waigel was quoted as saying in an advance report from Stern magazine. The magazine said some seven billion marks' profit
        84 words
      • Article
        NordLB's offer for another bank
        98 8 HANOVER Norddeutsche Landesbank Girozentrale wants a 25 per cent stake in the Kiel-based Schleswig-Hol-stein Landesbank, a spokesman at the state finance ministry in Hanover said. Heinrich Siweter, Finance Minister in Lower Saxony where NordLß is located, made the proposal in a letter to Schleswig Holstein's
        98 words
      • Article
        Report on Australian banking
        55 8 CANBERRA An Australian parliamentary inquiry into the banking industry will issue its report on Nov 27, inquiry chairman Stephen Martin said in a statement. The all-party inquiry began in February and has examined the importance, benefits, profitability and effectiveness of banks and whether foreign bank licences
        55 words
    • Article
      Lock icon Citicorp executives leave after discovery of alleged fraud
      263 8 AP NEW YORK The president and several senior executives of Citicorp's credit card processing division have left the company amid allegations that they fraudulently overstated revenue, a bank spokesman confirmed on Monday. A published report said that Bruce M Weber, president of
      AP  -  263 words
    • Article, Illustration
      Asian companies borrow more to fund expansion
      451 8  -  Asian Corporate Finance conference By Magdalene Ng SINGAPORE Spurred by the high economic growth in the Asia Pacific, companies in the region are borrowing more to finance their expansion plans, tapping both offshore funds and the European markets for their needs. To date,
      451 words
    • Article
      US$50m term loan arranged for Hanil Bank
      260 8  -  By Kooi Cho Teng SINGAPORE Hanil Bank, one of South Korea's major private commercial banks, has successfully obtained a US$5O million (5583.9 million) transferable term loan. Mr Min Kyeong Moon, manager of KDB International (Singapore), said that as of yesterday, the loan had
      260 words
    • Article
      Lock icon International lending by banks down
      453 8 UPI BASLE Banks remain increasingly suspicious of international lending as the recession continues, but paradoxically the international securities market is surprisingly buoyant, the Bank for International Settlements (BIS) reported yesterday. In its regular quarterly report on the state of international banking, BIS, sometimes known as
      UPI  -  453 words
    • Article
      Separate processing for non-transferable cheques
      252 8  -  By Shoeb Kagda SINGAPORE Starting Jan 2 next year, banks here will process non-transferable cheques on a collection basis separately from the normal electronic clearing system to avoid unnecessary delays. The sharp rise in the issue of non-transferable cheques since April this year has put
      252 words
    • Article
      India's Exim Bank extends credit to Siam Commercial
      266 8  -  By Harish Mehta SINGAPORE The Ex-port-Import (Exim) Bank of India has extended a credit line of US$lO million (5516.8 million) to the Siam Commercial Bank to help Thai companies finance the import of capital and engineering goods from India. According to a
      266 words
    • Article
      Lock icon UK brokers see first profit in 2 years
      304 8 Reuter LONDON Rights issues, busier trading and a surge in confidence after the Gulf War helped push UK brokers into profit in the first half of 1991 for the first time in two years, the stock exchange said in its latest quarterly
      Reuter  -  304 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      101 8 CENTRAL LONDON'S FINEST NEW INVESTMENT Kensington Green LONDON W8 Superb houses and apartments in the heart of Central London Freehold and 125-year leases 24 hour porterage and security Secure underground carparking Quality fitted kitchens Marble bathrooms Fitted carpets Landscaped gardens Private leisure centre Excellent transport connections 10 year NHBC guarantee
      101 words
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      Page 8 Advertisements Column 2
      143 8 BUSINESS TIMES EXECUTIVE APPOINTMENTS TELEPHONE: 7 30-5771/5772/5773 FAX: 734-4982 PACIFIC MANAGEMENT RESOURCES PTE LTD RESEARCH MANAGER UP TO $150,000.00 PA PUR 1501 A reputable financial institution has commissioned us to identify a Research Manager for the company. Candidates for this position should be University graduates aged 35-45, possessing at least
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  • THE REGION
    • Article
      Slower growth forecast for M'sian economy in '92
      508 9  -  By A J Leow SINGAPORE Malaysia's overheated economy is likely to face a slowdown next year as foreign investment peaks while interest rates rise, says the Hongkong-based Political and Economic Risk Consultancy (Perc) group. In its latest quarterly country-risk report, Perc has
      508 words
    • Article
      Lock icon Sihanouk's return prompts clean-up in Phnom Penh
      347 9 AFP PHNOM PENH Cambodians by the hundreds are painting the fences and cleaning the streets of this city, while scores of squatters are being evicted from the capital. They're getting ready for the return of Prince Norodom Sihanouk tomorrow. "I want to show
      AFP  -  347 words
    • Article
      Hanoi seeking US$2.4b in investments
      318 9 BANGKOK Vietnam is looking to foreign investors to help develop its infrastructure, which will cost more than US$2.4 billion (about Ss4 billion) over the next five years. Quoting Nguyen Xuan Chuan, a director at the Ministry of Heavy Industry, The Nation said Vietnam was concerned
      318 words
    • Article, Illustration
      Buoy oh buoy, what a ride
      54 9 SYDNEY An Australian surfer weaving his way through marker buoys for Telecom's Tas man 2, a 2,200km-long optical fibre cable, after it was landed from New Zealand at Sydney's Bondi Beach yesterday. The cable, part of a 16,500-km submarine network across the Pacific, will
      54 words
    • Article, Illustration
      Lock icon War between tobacco firms and state hots up in Asia
      565 9 Some call it the Opium War of this century AFP HONGKONG The battle lines are drawn in the war on smoking in Asia, where millions of lives are at stake. Shrewd arguments replace bombs and bullets in a bitter campaign
      AFP  -  565 words
    • NOTE BOOK
      • Article
        Aussie minister to lead trade team to Hanoi
        58 9 HANOI Australian Trade Minister Neal Blewett will lead a big trade mission to Vietnam this month to boost bilateral commercial and business ties. Mr Blewett will be accompanied by 21 top Australian business people representing the oil, mining, banking, transportation, services and
        58 words
      • Article
        Thai-Viet gas pact
        58 9 BANGKOK Thailand and Vietnam have agreed in" principle to build a natural gas separation plant in Vietnam at an estimated cost of US$l4O million (about SS24O million). Visiting Vietnamese Vice-Minister for Heavy Industry Pham Quoc Tuong said the Petroleum Authority of' Thailand and Petro Vietnam had recently
        58 words
      • Article
        Canada woos M'sian firms
        69 9 KUALA LUMPUR Malaysian companies have been invited to set up joint ventures with Canadian companies to tap the potential of the oil and gas industry in both' countries. The Deputy Minister of Economic Development and Trade of Alberta, A 1 G Mac Donald, said that the
        69 words
      • Article
        Thumbs up for Aussie economy
        88 9 CANBERRA Australia is coming out of recession and budget forecasts are on track, according to Treasurer John Kerin. "The economy is coming out of recession and the budget forecasts are basically on track," Mr Kerin said, citing rising residential building approvals and financial approval for
        88 words
      • Article
        Fresh charges against Marcoses
        69 9 MANILA The Philippine government yesterday filed another set of criminal charges against Imelda Marcos and her children for allegedly keeping illegal deposits in Swiss, US and British banks totalling about US$36O million (about SS6OO million). The government's chief lawyer, So-licitor-General Frank Chavez, listed 17 counts of
        69 words
      • Article
        Viet decree on state secrets
        50 9 HANOI Vietnam issued a decree yesterday calling for greater public protection of state secrets. The decree, published by the local press, defined three categories "Absolute Secret", "Ultra Secret" and "Secret" and said» sectors concerned included national defence strategy, inter-' nal and external policies and espionage.
        50 words
      • Article
        Jakarta govt defends lottery
        61 9 JAKARTA The Indonesian government yesterday defended a controversial lottery and warned against attempts to inflame the Muslim majority, whose religion bans gambling. "If they disagree, tell them not to buy the lottery," Coordinating Minister for Politics and Security Sudomo told reporters. About 2,000 Muslim students demonstrated
        61 words
      • Article
        Viets fear Khmer Rouge return
        103 9 PHNOM PENH Ethnic Vietnamese, fearful of the return of the Khmer Rouge to Phnom Penh, are selling homes and businesses and leaving Cambodia. "We are. afraid. I am 100 per cent afraid, we don't want them to come back," said Le Van Houn, a tea
        103 words
      • Article
        ADB granting credit to Dhaka
        58 9 DHAKA Bangladesh will receive US$l25 million (about Ss2lo million) credit from the Asian Development Bank in the financial year to next June for industrial development and job creation, government officials said yesterday. A Cabinet meeting headed by Prime Minister Begum Khaleda Zia on Monday night
        58 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      145 9 r no. i OITSHORE COMPANY SPECIALISTS Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available Other jurisdictions and trusts available on request. For immediate service from our professional staff or our free 56-page full colour explanatory brochure call. Diana Bean or Pauline Khoo Overseas
      145 words
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      Page 9 Advertisements Column 2
      142 9 FOR SALE BY AUCTION THE SUVA AND THE NADI Trav ge FIJI r LTwo established and well run Hotels in one of the world's most popular holiday destinations Suva yield expected to be in excess of 13% net profit year ending December 1991 forecast at (F)52.02 million 132 rooms Nadi
      142 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Japan opposition against military role in UN team
        104 10 TOKYO Opposition legislators on Monday attacked a government plan to allow Japan's military to take part in United Nations peacekeeping missions following the release of a poll that showed most Japanese are against the idea. Results of the survey, released last week,
        104 words
      • Article
        China gets US$105m ADB loan
        67 10 MANILA The Asian Development Bank yesterday approved a US$lO5 million (S$ 176 million) loan to finance an acrylic fibre project in China. The Manila-based bank said the loan, from the ADB's ordinary capital resources, was payable in 18 years, including a grace period of four
        67 words
      • Article
        Wayward regions get warning
        76 10 BEIJING China's provinces are ignoring the central government and wayward regions must toe the line, according to a commentary published yesterday in the leading newspaper for intellectuals. The Guangming Daily said regions were looking to their own interests first and disregarding the general good of the
        76 words
      • Article
        UK eases some Cocom curbs
        102 10 LONDON The UK has issued a new guide to exporters, easing controls on certain exports to some East European countries formerly subject to Cocom (Co-ordinating Committee for Multilateral Export Controls) controls. "The dramatic changes taking place in East European countries have allowed considerable revision of
        102 words
      • Article
        Pretoria withdraws application
        69 10 ROME South Africa has withdrawn its application to rejoin the UN Food and Agriculture Organisation (FAO) after running into strong opposition from black African states, diplomatic sources said. The surprise move on Monday came after the Organisation of African Unity urged its members in the FAO to
        69 words
      • Article
        Eastern German output down
        83 10 BONN Industrial production in eastern Germany fell by ;3.2 per cent in August compared with July, the Economics Ministry announced on Monday, saying the drop was largely due to the holiday period. It said that the August 1991 production figures in eastern Germany were 38.5 per
        83 words
    • Article
      Lock icon Sweden to sell firms, ease foreign takeover rules
      354 10 Privatisation in Europe Reuter STOCKHOLM Sweden's new centre-right government is aiming to sell state holdings in 35 companies and let foreigners invest more freely in Sweden. "The new government does not intend to run companies," said Conservative Prime Minister Carl Bildt on
      Reuter  -  354 words
    • Article
      Lock icon OECD lowers 1992 growth forecast for US
      533 10 But it does not foresee American economy relapsing into recession NYT PARIS Because of longer-than-anticipated economic weakness in the US, the Organisation for Economic Cooperation and Development has significantly reduced its forecast for American growth for next year but does not foresee the
      NYT  -  533 words
    • Article, Illustration
      Vote of no confidence
      37 10 BATON ROUGE, Louisiana A billboard attacking David Duke, the Republican candidate for state governor. The former neo-Nazi and Ku Klux Klan leader is facing former governor Edwin Edwards in a hotly contested election.
      37 words
    • Article
      Lock icon Hungary hopes to raise US$50m by selling trade debts
      593 10 Reuter BUDAPEST Hungary has begun selling off trade debts accrued by its former East Bloc partners and Third World countries, closing off the books on decades of trade that at times had more to do with politics than business logic. National
      Reuter  -  593 words
    • Article
      Lock icon Planned auction of Czechoslovak state-owned firms next year to be delayed
      236 10 NYT PRAGUE Czechoslovakia has decided to postpone by about two months the start of a privatisation plan to auction shares of about 3,000 companies. The distribution of shares in state-owned companies has been pushed back from the beginning of
      NYT  -  236 words
    • Article, Illustration
      Lock icon More republics may opt out of Russian Federation
      396 10 AP MOSCOW Boris Yeltsin, stymied in a bid to quash a Muslim separatist government, may face secessionist movements elsewhere as the vast Russian Federation undergoes the same centrifugal shocks as the Soviet Union. "This could turn into a chain reaction of other
      AP  -  396 words
    • Article
      Lock icon Soviet foreign debt stands at US$81b, says report
      260 10 AP MOSCOW The Soviet Union's foreign debt has topped US$Bl billion (*****.7 billion), far higher than previously reported, and most of it was contracted under Mikhail Gorbachev's leadership, a news agency said on Monday. The independent Interfax news agency said the figure
      AP  -  260 words
    • Article
      Lock icon Latest UK figures send mixed signals on economy
      300 10 Reuter LONDON A spate of economic figures published on Monday sent mixed signals on the British economy, with retail sales rising but net consumer credit being squeezed. Final retail sales figures for September showed a rise of 0.3 per cent from August
      Reuter  -  300 words
    • Article, Illustration
      Lock icon Tokyo plans new effort to encourage more US imports
      478 11 NYT TOKYO In the surest sign that American trade officials are about to arrive in Tokyo, the Japanese government said on Monday night that it would soon announce another programme to encourage companies here to buy more components and materials from
      NYT  -  478 words
    • Article
      Lock icon Japan unwilling to replace rice import ban with tariffs
      390 11 Asahi TOKYO Japan will not agree to replace its ban on rice import with tariffs, Japanese Foreign Minister Michio Watanabe has told US Secretary of State James Baker. The US has been pressing Japan to lift its ban on rice imports
      Asahi  -  390 words
    • Article
      Lock icon Aids may hurt Third World industries
      257 11 AP WASHINGTON The spread of Aids (Acquired Immunity Deficiency Syndrome) is hurting business in the Third World and may hold down incomes in the long run, a World Bank official said on Monday. She urged that in addition to looking at the human cost
      AP  -  257 words
    • Article
      Lock icon EC plans to step up pressure on Japan
      371 11 NYT TOKYO The European Community (EC) representative to Japan, saying the group's ballooning trade deficit with Tokyo had become "more than serious, more than a preoccupation", warned on Monday that EC would step up its pressure at high-level talks here later this
      NYT  -  371 words
    • Article
      Lock icon Call for US to share more of E Europe burden
      245 11 Reuter BRUSSELS The European Community (EC), frustrated that it is shouldering most of the financial burden of helping eastern Europe make the switch to capitalism, called on the US to increase its help to the region. The EC decision to
      Reuter  -  245 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      53 10 This announcement appears at a matter of record only PARKWAY HOLDINGS LIMITED U5550,000,000 FLOATING RATE NOTES DUE 1996 WITH WARRANTS TO SUBSCRIBE FOR NEW SHARES OF PARKWAY HOLDINGS LIMITED Manager and Paying Agent ABN'AMRO Bank ABN AMRO Bank N.V. Placing Agent for the Warrants Lum Chang Securities Pte Ltd 1
      53 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      202 11 Th .here Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. m mmvi m m wm* ft®#':. V ff Un Ilea < > ..-a. lie© m */c lu %>f J *r, Yo ours. At UPS, we handle over 11 million deliveries every working day, spanning
      202 words
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  • Article
    Privatising industrial land
    462 12 EDITORIAL TALK ABOUT industrial land and Jurong Town Corporation inevitably comes to mind. Industrial property, seen as part of the infrastructure essential to economic growth, has always been in a class of its own, unlike commercial or residential properties where private sector involvement holds sway. The Government's
    462 words
  • WHAT THE OTHERS SAY
    • Article
      New life for Nato
      252 12 SINCE THE Berlin Wall fell two years ago, Europeans and Americans have been wondering what role the North Atlantic Treaty Organisation should, can and will play. Their leaders addressed that question head-on in Rome last week. The answer partly took the form of a compromise which
      252 words
    • Article
      Use older workers well
      149 12 SINGAPORE has a workforce of 1.5 million people, of whom nearly 30 per cent are over forty years old. If we do not make good use of them, we will be growing more dependent on foreign workers, which will be against the interest of Singapore from
      149 words
    • Article
      TIME to train earnestly
      103 12 FLEXIBILITY is the keyword in the latest training programme for mature workers, aptly called Training Incentive for older Employees (TIME). To be launched next year, the training scheme will give our 28 per cent labour force aged 40 and above a greater range of opportunities to
      103 words
  • REGIONAL VIEWPOINTS
    • Article
      Boost imports from US
      132 12 IN ORDER TO avert further friction in AmericanJapanese trade and to curb protectionism, there is a need for dramatic measures to be taken by the newly-installed Miyazawa administration. The rope on which the US economy can depend to pull itself out of the unfavourable situation is
      132 words
    • Article
      Fight illegal logging
      168 12 AN ESTIMATED 7,000 people died in the Philippines last week when tropical storm Thelma slammed into the central islands of Leyte and Negros. Thelma's violence was unremitting, and even deadly! But most of the dead were killed because of actions triggered not by Mother Nature, but by
      168 words
    • Article
      Hanky-panky in the air?
      192 12 PHASING OUT the domestic operations of national flag carrier Thai Airways International (THAI) will aggravate the problem of connections between overseas and domestic flights. Poor connections were a big problem prior to the merger of Thai Airways into THAI and it is still a problem now.
      192 words
  • Article
    Lock icon Struggling for an identity
    1028 12  -  As the third Apec Ministerial Meeting gets underway in Seoul, John Ridding discusses how the Asia-Pacific trade bloc is... John Ridding FT FOR compelling evidence of how economic ties across the Pacific region are overcoming traditional political rivalries, one need look no further than the two-day
    FT  -  1,028 words
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      Page 12 Advertisements Column 1
      88 12 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Plus an occasional look at successful small firms and the people behind them. Management also analyses the problems small and medium-sized firms face and offers solutions. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Stories
      88 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY MR PEVftRN 7 Ht,YOU\ VON'! MOW Mt.dUf WAHItO&KAT weM£wm*m\ A66NCY IHAVtA STOWIOTSCL. 1 1 I M£, 100 AN IMPORTANT one. ANPtF I PONT JUL fT!N THtNtKT 20MIW5S, 1U MISS MY C&APUNECAN YOU CALL BACK 7 MIY STORY IS ASOU I VAN quaylcs p&a Fltf.. BY GARRY TRUDEAU okay, you
      54 words
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  • ANALYSIS
    • Article
      Lock icon Will the circumstances force Cory to run again?
      930 13  -  Seth Mydans reports on unease over a constitutional provision and an electoral innovation clouding next May's elections Seth Mydans NYT IT IS ONLY when her mischievous side takes over that President Corazon Aquino hedges on her promise not to seek a second
      NYT  -  930 words
    • Article, Illustration
      Lock icon Going abroad for a bigger bite
      2470 13  -  Even notoriously food-loving Singaporeans can get satiated. Which is why Genevieve Cua finds local F&B giants... Genevieve Cua IT MAY SEEM that Singapore, with its population of a mere 2.S million has more than its share of food producers and marketeers. But major food
      Drawing from a Fraser Roach & Co brochure  -  2,470 words
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  • THE LAW PAGE
    • Article
      When Anton Piller comes knocking on your door
      791 14  -  If a search party armed with a court order comes a-visiting, you are not at their mercy. David Gabriel tells you your rights David Gabriel Executives or skilled workers sometimes leave a company to set up in competition with their former employer.
      791 words
    • Article
      Variation of a Mareva injunction
      489 14 CASE. CANADIAN PACIFIC (BERMUDA) LIMITED V NEDERKOORN PTE LTD AND ROBIN HODDLE NEDERKOORN High Court of the Republic of Singapore, Motion in Suit No 224 of 1991 Justice Goh Joon Seng. A Mareva injunction is one granted by the courts to allow a plaintiff to
      489 words
    • Article, Illustration
      Loans and the Pawnbroker Act
      557 14 LEK PENG LUNG V LEE INVESTMENTS (PRIVATE) LIMITED AND OTHERS High Court of the Republic of Singapore, District Court Suit No. 193 of 1991: Justice Warren L H Khoo. THE PLAINTIFF, Madam Lee, claimed $50,000, which she described as loans given in two amounts to
      557 words
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      Page 14 Advertisements Column 1
      7 14 -r tsm I sthe "<f- tmtm: i,m
      7 words
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      Page 14 Advertisements Column 2
      160 14 TRADING PLACES Five years ago, Simon Koh sold his photofinishing business, Singapore Color Centre, gathered up his family and left for Australia. Today, his company First Class Abalone Australasian Pty Ltd sources abalone from South Australian divers and exports the canned delicacy to Singapore and Hongkong... An insight into the
      160 words
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  • SPORTS
    • Article, Illustration
      Lock icon Woosnam seeks a better grip
      847 15 NYT IN THE year of John Daly, the United States' reclamation of the Ryder Cup, a comeback by Seve Ballesteros and a dropoff by Nick Faldo, the best golfer in the world has been lan Woosnam. Woosnam, the No 1 player in the Sony Ranking
      NYT  -  847 words
    • Article
      Lock icon Johnson knew he had Aids virus in October
      346 15 AFP INGLEWOOD, California Basketball star Earvin "Magic" Johnson knew for the two weeks before his shock retirement that he was probably carrying the Aids virus, his agent Lon Rosen said yesterday. Rosen said Johnson went for a blood test for a life
      AFP  -  346 words
    • Article
      Lock icon Olympic body demands retraction from magazine
      226 15 AP ATLANTA The president of the Atlanta Committee for the Olympic Games has demanded that a German news magazine retract charges that the city got the 1996 Olympics through bribery. In a letter dated Nov 11, ACOG president Billy Payne told the publisher of
      AP  -  226 words
    • Article
      Lock icon Agassi, Sampras looking forward to Davis Cup
      337 15 AP FRANKFURT Andre Agassi and Pete Sampras are looking forward to the Davis, Cup final. Jim Courier, the top-ranked American tennis player, is looking forward to a week of snorkelling and golf in Hawaii. Courier has surged to No 2 in the world,
      AP  -  337 words
    • SIDE LINES
      • Article
        End of the road for World Sportscar series
        106 15 LONDON The World Sportscar Championship was scrapped on Monday, 38 years after its inception. Newly-elect-ed International Motor Sports Federation (Fisa) president Max Mosley told leading manufacturers at a crisis meeting that there was "insufficient commitment for the series to continue". The championship
        106 words
      • Article
        Fisher makes history
        98 15 LONDON Newly-crowned world champion Allison Fisher became the first woman to be invited to play in next year's Matchroom Snooker League on Monday. The 23-year-old from England, who beat Karen Corr 8-2 in Sunday's final, has been included in a 13-strong field for the £275,000 competition. Fisher,
        98 words
      • Article
        Navratilova closes in
        68 15 MIAMI, Florida Martina Navratilova's victory in the Oakland women's tennis tournament on Sunday has brought her to less than 20 points from the world number three women's place held by Gabriela Sabatini of Argentina. The veteran American, a former world number one, gained 7.69 points on Sabatini
        68 words
      • Article
        Jahangir's out
        61 15 HELSINKI Jahangir Khan has been ruled out of Paki-. stan's bid to win back the world team squash title here. The* on-ofT saga of whether the 10 time British Open winner would play continued until the last moment on Monday. The Pakistan selectors telephoned him at his London
        61 words
      • Article
        Martinez progresses
        65 15 PHILADELPHIA Sixth-seeded Conchita Martinez easily! advanced to the second round of the Virginia Slims of Phila-" delphia tennis tournament on Monday. Martinez, the world's ninth-ranked player, defeated Catarina Lindqvist, who is' ranked 41st, 6-2, 6-4. In an earlier match, Marianne Werdel' rallied from deficits of 5-1 in the
        65 words
      • Article
        Daly prepares strategy
        76 15 KAUAI LAGOONS, Hawaii John Daly had his strategy set for yesterday's US$l million PGA Grand Slam of Golf.' "Grip it and rip it, fire at the flags and not worry about anything," Daly said. Daly qualified for the 36-hole event by winning the PGA Championship. He will
        76 words
    • Article, Illustration
      Lock icon Graf and coach to go separate ways
      633 15 NYT BONN Bringing about an abrupt end to one of the most stable coach-player partnerships in the often fickle tennis world, Steffi Graf was expected to announce yesterday that she has dissolved her relationship with Pavel Slozil. her coach for the past five
      NYT  -  633 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      369 15 iI 11 i. Ol K\ i>l i: K FCN $1 MILLION HOLE IN-ONE GOLF TOl RNAMENT Yes. there's SI Million to be won if you score a Hole-in-One The Courvoisier FCN $1 Million Hole-in-One tournament will he Singapore's most exciting golf event ever! The qualify ing round to determine the
      369 words
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  • Article, Illustration
    Girard-Perregaux: a tale of time and timelessness
    332 16 This year, the famous Swiss watchmaker, one of the last full-scale watch manufactu anywhere in the world, celebrates its 200 th anniversary, after generations of pionee developments and innovative achievements. And it now takes stock of the best of past, in order to
    332 words
  • Article
    Marrying tradition and modern technology
    363 16 This year, 1991, is the bicentenary of G i r a r d Perregaux, watchmakers by vocation. And it seems appropriate, therefore, to ask the question: does the declaration of principles mean anything in this day and age, towards the end of the 20th century?
    363 words
  • Article, Illustration
    Girard-Perregaux today: some unforgettable keepers of time
    368 16 These Swiss watchmakers bv vocation are known, more so since their October 1989 Singapore re-launch, for their chronograph watches. However, they are also known for their versatility, and have produced marvellous timepieces beyond chronographs, such as the GP 90 line. Featured here are
    368 words
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  • Article
    A salute to two hundred years of tradition — or, Tourbillon re-invented
    245 17 A salute to two hundred years of tradition or, Tourbillon re-invented GIRARD-PERREGAUX worked for three years to recreate (almost unchanged from the original) this version of the famous Tourbillon sous trois Pont d'or fob, or pocketwatch, which earned the firm such fame in 1855, and which is known to horologists
    245 words
  • Article, Illustration
    Always a 'second' ahead of its time
    608 17 When one breathes the name of Girard-Perregaux, images of horological beauty and elegance are immediately conjured up. But they are also watchmakers in a more intrinsic sense, combining looks with technological masterpieces of time The firm of Girard-Perregaux started with Jean Francois Bautte
    608 words
  • Article
    The art of making history through time
    305 17 Girard-Perregaux has scored several firsts in watchmaking technology. Here are just a few of the major inventions 1791 I JF Bautte, whose customers included England's Queen Victoria and Leopoldo 11, Grand Duke of Tuscany, founded the company that was to become Girard-Perregaux. His
    305 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      222 18 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE TANTAUSING TREATS Don't miss our weekly specials in Tien Court. 04/11—10/11: Double Boiled Superior Shark's Fin $22.00 11/11—17/11: Steamed Sultan Fish $4.00 per 100 gm. 18/11-24/11: Braised Whole Abalone $12.00 25/11—01/12: Small Lobsters cooked
      222 words
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      Page 18 Advertisements Column 2
      325 18 DIANXIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A ta Carte menu, treat yourself to all the Dian Xin you can enjoy for $16.80++ per person. Open daily from 11:30 am 2:3opm for lunch, and 6:3opm 10.30pm for
      325 words
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      Page 18 Advertisements Column 3
      227 18 dub^ r as#* swcn Have a memorable evening at our newlyrenovated Club 5! Unwind with a refreshing drink and let SUGAR N SPICES sooth away your blues with their varied repertoire. HAPPY HOURS: 5 9 pm Plaza Hotel SINGAPORE WAtM«Colo4J»r<jl«l*VlT IflC kiwid smippm* 07W1r1 29**111 J: The Bugis Lounge Presents
      227 words
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      Page 18 Advertisements Column 4
      168 18 S WD. S DAILY AT PINE COURT You'll en)oy our delicious selection of authentic Beijing Dian Xln served amidst the splendour of an Imperial Court. May we expect you today? From noon to 2.30 pm. A la carte menu available. 7A* 4$ htlM 333 Orchard Road. Singaporeo923. Tel: *****11 V
      168 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      555 18 TELEVISION AND RADIO H Not A SBCI2 -i—_ 7.00 8.00 6.55 7.00 8.00 9.05 9.30 10.30 12.15 AM CNN International (L). Close. PM Programme Highlights. CNN International (L). Insight Sixty Minutes. Rafting European White Water Rafting Championship 1991. The Treasure of Madera Canyon (Documentary, See Our Choice). A Season of
      555 words
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  • LIFESTYLE
    • Article, Illustration
      Rock and roll stew
      669 19  -  Nirmal Ghosh looks at some famous images of a colourful time Nirmal Ghosh THE reluctant leather-jeaned lizard king slinks dangerously against a back wall. Opposite him, Jimi Hendrix stretches taut as a guitar string in one frame, glares over his shoulder in another. Mick Jagger relaxes
      669 words
    • Article
      Lock icon Promoting the green label
      333 19 How free market forces can play a part in encouraging environmental awareness Reuter THE "green labels" awarded to consumer goods that meet environmental targets are fast gaining favour in industrialised nations. They are a way of encouraging environmental awareness through free market forces rather than legislation.
      Reuter  -  333 words
    • Article
      Some last thoughts on food
      319 19 CHATTERBOX TELEVISION cooking instructor Julia Child's house, the Shea Stadium baseball park and a French truckstop are among the places people would want to have their last meal, according to a survey of 7,000 restaurant-goers who contribute to the Zagat diner's guidebook. But one word
      319 words
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      Page 19 Advertisements Column 1
      230 19 AND ENTERTAIN m *vm w» Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Saturday Weekend Promotion Buffet (Available for dinner as well) Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per
      230 words
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      Page 19 Advertisements Column 2
      120 19 hi I'D \v m' v&r WIMgm iffV? ->.< c. «< v. ■ppm A WB*i,«na tewjjwfe^as f v.. '£•>?< i*" IIM5>W Hyatt Regency Singapore A Grand Room at Hyatt Regency Singapore is an altogether different experience for those travelling on a corporate budget. Each comes with lounge and bedroom areas that
      120 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market takes a breather after seven days of gains
      828 20  -  By Schutz Lee AFTER seven consecutive days of gains, the local stock market yesterday took a breather as profit-taking set in across the board. The Straits Times Industrial Index, the main market barometer, slid 9.22 points to close at 1,482.2, its
      828 words
    • Article, Illustration
      Lock icon HOT STOCK
      67 20  -  Chew Eng Han Comment FABKR shares are testing the waters for a bottom in the 40-60 cent region. Down move from peak of $2.30 in early 1990 may be completed, arguing for a medium-term rise to test the long-term trendline around 1.60-$ 1.80. Breach of short-term resistance at
      SOURCE: PONT DATA  -  67 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    185 21 I rpriin All shares quoted have a par value of SI and traded in lots of 1.000 shares LIUIHU each unless otherwise specified ABN shares quoted in dollars Information on Nasdaq stocks, other than -that given above, was not available Currency traded S$ unless otherwise
    185 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    104 22 I rnrun M ),ed par value ol SI and traded mi lots of 1.000 shares each IXUC.HU unless otherwise specified ABN shares quoted m dollars Information on Nasdaq stocks, other than that given above was not available Currency traded SJ unless otherwise specified Adjusted for
    104 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      107 22 Before you invest tear out this newspaper coupon Tear out this coupon and mail it to us today, to receive a free copy of The Investors' Guide To Unit Trusts. It will tell you about Unit Trusts: a form of investment that allows you to spread your investment risk, yet
      107 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher across the board
      387 23 Bernama SHARE PRICES closed higher across the board on the Kuala Lumpur Stock Exchange here yesterday after the market shrugged off some profit-taking activity. Reflecting the uptrend, the KLSE Composite Index closed 2.16 points higher at 556.73 and the industrial index gained 7.48 points
      Bernama  -  387 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      121 23 HOME. DELIVERED WEEKLY V* A* <v» Av e The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you everyweek, whereever you may Be. Subscribe now. And be in touch.
      121 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      2 24
      2 words
    • Article
      PRELIMINARY RESULTS
      2 24
      2 words
    • Article
      INTERIM RESULTS
      119 24 Figures in brackets are for the previous corresponding period (a): Adiusted tor sqip issues, (b): In million Dutch Florins, (e): Profit after tax. (d): In million HK$, (e): Company's profit. (0: In million yen, L: Loss. IE: Tax Exempted. NVA: Not Yet Available, (f): Profit after tax minority
      119 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      12 24 Deemed Interest g Enlarged share capital NA: Not Available
      12 words
    • Article
      CORPORATE DEVELOPMENTS
      470 24 Nov 11 Frastr t Item's dairy-manufacturing arm, Asia Dairies, has signed an agreement with Japan's leading dairy producer, Snow Brand Milk Products Co Ltd, to make ice-cream for the Japanese market. 9 Batteries International plans to raise USsll.2sm through a private placement of shares to fund its expansion
      470 words
    • Article
      DIVIDENDS ANNOUNCED
      110 24 M shares quoted have a par value of J1 unless otherwise specified, (a) Ad|usted tor scnp issue, (b) First and Final; NYA Not Yet Avafette; (c) Includes 4% special dmdend; (d) Indudes 6% special dmdend. (e) Income Distributor; (f) Includes 3* bonus dmdend; Vi-Yearty Interest (h) 2nd Interim,
      110 words
    • Article
      RESULTS DUE
      50 24 Net Profit represents consohdated earwigs after prowsnn lor depreciation, rterest charges, taxation and mnonty interests, (a): Agisted for senp issue, (b): In rnfeon yen, (c): In Austrakan Man (d): In mfeon gutters, (e) In HKJm, Profit before tax, IE: Tax Exempt NA Not AvadaUe; L: Loss; (0 USJm
      50 words
    • Article
      APPROVED ISSUES
      2 24
      2 words
    • Article
      PROPOSED ISSUES
      2 24
      2 words
    • Article
      SCRIPLESS CONVERSION
      2 24
      2 words
    • Article
      COMPANY MEETINGS
      470 24 Pafenco Hoidhgs Bhd: EGM at the Tanjung Bunga Room, The Casuanna Beact Hotel, Batu Ferringhi. ***** Penang on Friday, Nov 15, at 11.30 am. Technology Resources hdustnei Bhd: EGM at BaHroom 1, Ist Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur on Friday, Nov 15, at 10am.
      470 words
    • Article
      RECORD HIGHS & LOWS
      3 24 RECORD HIGHS LOWS
      3 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Bank shares continue to drop on profit-taking
      134 25 Reuter SHARE prices eased yesterday and bank groups continued to lose ground as investors took profits from last week's rises, brokers said. The SET index closed at 683.39 points, down 5.35 points from Monday, on turnover of 4.01 billion baht. "That prices fell
      Reuter; SOURCE: PONT DATA  -  134 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Prices rise on short supply of hot stocks
      206 25 Reuter SHORT supply of favourite .shares pushed up stock priifts in very active trade ytsterday, brokers said. Hie official index rose to 237.23 from Monday's officially corrected 229.82. Turnover hit 8.04 million shares 4.84 million. "Buying interest is much stropger than selling.
      Reuter  -  206 words
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      11 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS NOW AT NEWSSTANDS
      11 words
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      Page 25 Advertisements Column 2
      730 25 BUSINESS TIMES NOTICES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN fat, I, Hum Ah Shun of Bk 167,107-204 Bsfaa Street 13, 2057, have applied for a Retail Beer Shop Licence respect of premkes at Kin Heng Mmimiit at 8145, 101-168 Sim Drive, Singapore 1438, aod that
      730 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end higher on technical rebound
      241 26 Reuter TOKYO STOCKS rode a technical rebound from recent losses to a sharply higher close yesterday, powered by heavy arbitrage buying. Strong bond futures also encouraged buyers, brokers said. But the lack of fresh factors kept trade thin and market energy low, they added.
      Reuter  -  241 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares finish firmer in volatile trade
      249 26 Reuter STOCKS ended firmer after a see-saw day of steep losses and sharp gains yesterday. Brokers said news that two major banks would reduce their mortgage lending limit to 70 per cent from 80 sparked heavy early selling and dragged the Hang Seng index
      Reuter  -  249 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks down but NZ market up
      • Article
        AUSTRALIA
        346 27 PROFIT-TAKING in a broad range of leading stocks caused the Australian saaremarket to close sharply lower yesterday, brokers said. They said a lack of news on the economic front saw the market continue to consolidate after recent hefty gains. "People have been looking for a breather and now they're
        346 words
      • Article
        NEW ZEALAND
        170 27 NEW ZEALAND shares ended higher on thin volume yesterday, despite a weaker Australian market. The NZSE-40 capital index, spurred on by some late buying, finished 9.59 points higher at 1,557.16. "There's just a general reluctance to sell, with good buying support at lower levels," Phil Hardie-Boys of CS
        170 words
      • Article
        MANILA
        157 27 SHARE PRICES closed lower in a technical correction yesterday after a fiveday climb but brokers said the market was building up for another surge. The Manila Stock Exchange composite index was down 16.12 points to finish at 1,103.52. "That was expected after a five-day surge," Conrad Andres, analyst at
        157 words
      • Article
        SEOUL
        170 27 SEOUL STOCKS closed slightly lower in mixed trading yesterday as investor sentiment remained depressed by continuous outflows of market funds, brokers said. "The market showed sluggish performance until active buying of trade and construction shares appeared near the close, which however failed to lever the index up," Hyundai Securities
        170 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        366 27 In local c nirency In In (J Nov 11 Index <M> change year change day change year change day change year change World 411 5 -0 1 14.9 12.1 17.2 8.2 7.0 35 4 *EAFE 526 9 -0 4 -0.3 9.5 -0.1 13.5 Europe 427
        366 words
      • Article
        Untitled
        0 27
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  • General Motors drags Dow Jones down
    • Article, Illustration
      NEW YORK
      210 28 MOST STOCKS traded higher on Monday on light volume, while the Dow Jones industrial average slipped 3.36 points, to 3,042.26. pulled down by General Motors. The Nasdaq index, meanwhile, reached its third high in as many days. Without the influence of the Treasury bond market and banks, both
      210 words
    • Article, Illustration
      LONDON
      74 28 SHARE PRICES fell in a lacklustre session on the London Stock Exchange on Monday. At the close, the broad-based Financial Times-Stock Exchange 100-share index slipped 4.1 points, or 0.16 per cent, to 2,554.9. The Financial Times 30-share index closed at 1,972.0, down 3.5 points. Volume was 397.1 million shares,
      74 words
    • Article
      AMSTERDAM
      296 28 DUTCH SHARES closcd mixed in directionless trading on Monday as dealers rued the lack of follow-through buying after Friday's rally. Winners and losers among top-tier stocks balanced each other out, leaving the EOE index barely changed at 278.38, down a mere 0.23 points or 0.08 per cent. "Everybody was
      296 words
    • Article
      FRANKFURT
      285 28 GERMAN SHARES succumbed to a late round of profit-taking on Monday to end only slightly above Friday's closing levels after not being able to hold on to early gains. The 30-share DAX index finished 2.80 points higher at 1,609.02, below its intraday peak of 1,614.92. It spent much of
      285 words
    • Article
      ZURICH
      179 28 SWISS SHARES closed a touch lower on Monday in mostly dull trade as the market consolidated Friday's strong gains, brokers said. The all-share SPI index closed 3.4 points lower at 1.101.5 after rising 17.1 points on Friday. The SMI index of leading shares eased 3.0 to 1,717.9 points. "Stocks
      179 words
    • Article
      STOCKHOLM
      180 28 PRICES on the Stockholm bourse closed slightly up on Monday in low turnover, supported by the absence of negative news, dealers said. The bourse general index closed 0.29 per cent up at 993.84 in turnover of 186 million crowns. Blue chips fell back from gains of around one per
      180 words
    • Article
      JOHANNESBURG
      99 28 GOLD SHARES closed higher on Monday, after the gold price firmed slightly to just below US$355 an ounce in Johannesburg, dealers said. The all-share index ended nine points higher at 3,528. The all-gold index was three points up at 1,091, while the JSE industrial index eased four points to
      99 words
    • Article
      TORONTO
      217 28 TORONTO STOCKS firmed slightly'in listless trade on Monday dulled by the Remembrance Day holiday in Canacjiu dealers said. "The banks are closed so a lot of tji? institutions aren't doing anything," one trader said. "I think it's more of a retail market today," he added. J J The TSE
      217 words
    • Article
      Untitled
      4 28 Source: Z-Landerbank Bank Austria
      4 words
  • Page 28 Advertisements
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      26 28 The Paris and Brussels markets were closed 1 Executive Jobs every J? Saturday ■-•J "J in Business: j Times i Innovation Technology in BT every Tuesday
      26 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sentiment for greenback still bearish in Asia
      1212 29 REPORTS Tokyo: The US dollar remained lower against the mark in late Asian trade while it came back from early lows to New York closing levels against the yen on light short-covering. Asian traders said the general sentiment of the US dollar remained
      1,212 words
    • Article
      INTERBANK FOREX RATES
      38 29 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index Nov 12 i us$/s$ forward rates Noon Nov 12 El Offer 1-month 1.6757 1.6772 2-month 1.6737 1.6752 3-month 1.6727 1.6742 6-month 1.6700 1.6720 1 Source: OCBC
      38 words
    • Article
      MONEY MARKET
      41 29 Rates quoted by Astley Pearce Rates quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore C entral hank discount rates Average of 12 banks, m Float Source: National Westminster Bank Source: National Westminster Bank
      41 words
    • Article
      Lock icon Traders say BOJ rate cut not likely to inspire yen
      378 29 Reuter TOKYO The yen will barely react if the Bank of Japan (BOJ) lowers the key discount rate this week, although a cut could spark slight US dollar sales as support recedes for the US currency, traders said. "A rate
      Reuter  -  378 words
    • Article
      Lock icon Analysts call for rate cut now
      430 29 Asahi TOKYO As the Japanese economy has been increasingly losing its pace, more and more analysts here insist that it is necessary for the Bank of Japan (BOJ) to implement an immediate cut in its discount rate, thereby sustaining the economy. A monthly economic
      Asahi  -  430 words
    • Article
      FINANCIAL FUTURES
      17 29 Note; Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchange
      17 words
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  • COMMODITIES
    • Article
      Crude palm oil prices breach M$850 mark
      285 30  -  By Shoeb Kagda SINGAPORE Crude palm oil prices, riding on the back of improved export figures for October, have breached the MSBSO (Sss2l) mark and are expected to remain firm up to March next year. Active trading on the Kuala Lumpur Commodities Exchange
      285 words
    • Article
      Lock icon M'sia wants natural rubber marketed as an industrial product
      334 30 AFP KUALA LUMPUR Malaysia, baffled by natural rubber's persistent low prices despite high international demand, has called for the commodity to be marketed as an industrial product rather than a cheap raw material. With increasingly stringent demand for higher quality natural
      AFP  -  334 words
    • Article
      Tin closes two sen lower on lack of fresh factors
      841 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market closed two sen lower at M$ 14.80 yesterday on lack of buying support and fresh incentives. Dealers said the market was easier yesterday as buyers turned cautious following a
      841 words
  • Article
    PRICES
    268 30 Palm Oil KLCE PALM FUTURES Nov 12 Delivery Month Opening Buying Sett Av Selling Price Price High T/over Low (lots) O/p llOOhrs Nov 91 Dec 92 Jan 92 Feb 92 Mar 92 Apr 92 May 92 Jul 92 Sep 92 866N 875 881 885 889N 889N 889N 889N 891N
    268 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1093 30 business times TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, GohThunChye of Bk 1 Changi Village Road #01-2034, Singapore 1750, have applied for a Beer House, first Class licence in respect of premises at M/iEatonic Cafeteria at Bk 1 Changi Village Road 101-2040, Singapore 1750
      1,093 words
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      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    242 31 AMUNE COOES: r£ y Flnn r **i A ta a BA: Brtdsh Always PUHc Ltd Co, BG: Oman Bangladesh AMnes, Bl: Royal Brunei AMnes ■9?y*f X Artnes SA. CX: Cathay PacNlc Airways Ltd. FM: Federal Express Corpn, GA: Jdi IC: ,an *f* ne *J F: JL
    242 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Still plenty of rooms at the inns
      578 31  -  LETTER FROM LONDON By David Churchill Hoteliers and restaurateurs are resigning themselves to their customers booking as late again this Christmas for the holiday period as they did last year. Although many hotels and restaurants now report that there are signs of a
      578 words
    • Article
      MONEY CHANGER RATES
      12 31 Source: Republic National Bank of New York (S) Ltd
      12 words
    • Article
      WORLD TRADE EXHIBITIONS
      104 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 12-16 International Baghdad. The State ********** Odontological Maritime Iraq Company for Trade Fair Exhibition Fairs A Trade Nov 18-22 International France SDSA **********0 Services Electronics Nov 12-16 International Germany Munchener Messe *****107 Components Trade Fair for
      104 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      16 31 Get the\*€V\out of Europe every Sunday and Thursday. With Finnair's new schedule. Call *****77 for details.
      16 words
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      Page 31 Advertisements Column 2
      58 31 Would you put this man in your bedroom or your office? This man is called Ix. He is one of the Singapore hunks to be featured in a calendar produced in Singapore. We ask some women if they would like a Hunk a Month staring at them from their bedroom
      58 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      158 31 7 A form occasioning much disgust (8) J? Note the revolutionary may well appear restrained (8) 1 Sound lot arranging a celebration (4) 5 Strive always to be dressed in bluish grey (9) 7 Newly-built homes and so good looking (8) 8 They won't pay cash for horses (8) 9
      158 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      197 31 WEATHER Singapore Outlook: Shorcn over many areas in the predaw boars aa4 morning. Report Maximum temperature 31.3 Assoc humidity 55% Minimum temperature 24.0 Assoc humidity 97% Hours of sunshine 2.20 Rainfall in mm Nil Rainfall this month 52.3 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 19/12
      197 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      43 31 fin StCW: Scere: St. Mrtfrfs mixed ItACME^S RE-union... U TpslXlNG OF I IOONPCK U>HAT BECAME of 'Young BRtsroui... 7 uwo CAN TELL 7 He ALUAYS STfcUCK AS HAVING Gfc£AT PbTENTfAU... HCODUt?WAV£ \jo6£N HE- iswtep.. rv f ASSOCIATED y c <2 LTD., IM2-IMI 8556
      43 words
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  • Article
    Lock icon US plans to act on nuclear threat posed by N Korea
    451 32 It may even consider military pressure, say experts AFP TOKYO The spectre of a North Korea with nuclear arms could lead the US to consider going as far as military pressure to force the Stalinist government in Pyongyang to
    AFP  -  451 words
  • Article
    Lock icon Sihanouk vows to implement democracy in Cambodia
    458 32 Reuter BEIJING Cambodian Prince Norodom Sihanouk, preparing for a triumphant return to Phnom Penh more than 20 years after being toppled from power, vowed yesterday to rebuild his homeland with democracy and free-market capitalism. "I will do my best to implement genuine democracy
    Reuter  -  458 words
  • Article
    Lock icon Hitachi to base international air-con production in M'sia
    282 32 Bernama KUALA LUMPUR Hitachi Ltd, the second largest Japanese investor in Malaysia with investments totalling MS6OO million (***** million), has proposed turning Malaysia into its international production base for room air-conditioners. To this end, it has set up two more factories, Hitachi
    Bernama  -  282 words
  • Article
    Lock icon Major hints at agreement on EC currency
    414 32 AFP LONDON British Prime Minister John Major has made clear his determination to avoid leaving Britain isolated at next month's European Community summit, in a move seen as having as much to do with the electoral advantages of a deal at home as
    AFP  -  414 words
  • Article
    EC nations won't use uniform standards
    352 32  -  By Schutz Lee SINGAPORE THE European Community (EC) has halted its effort to impose uniform standards across the 12 member nations, says an expert on EC law. EC members have come to realise that the task is enormous and will not be completed for
    352 words
  • Article, Illustration
    Desert storm for returning Marines
    42 32 KUWAIT It was deja vu for American Marines who landed in the desert yesterday from a Cobra helicopter for real target exercises. Their targets are Iraqi military hardware, abandoned during the Gulf War, scattered across the desert.
    42 words
  • Article
    Lock icon Taipei to exchange offices with Baltics
    234 32 Reuter TAIPEI Taiwan, seeking ties with the Baltic republics which won independence from Soviet rule this year, has agreed to exchange representative offices with Lithuania, Latvia and Estonia. Vice-Foreign Minister John Chang told the semiofficial Central News Agency that Taipei would soon set up
    Reuter  -  234 words
  • Article
    Lock icon Aussie premiers snub Hawke call to discuss reform
    409 32 AFP SYDNEY Proposals by Australian Prime Minister Bob Hawke to reform the Constitution suffered a setback yesterday when the heads of the six state governments rebuffed his appeal to attend a special conference this month. Carmen Lawrence, Premier of Western Australia, said
    AFP  -  409 words
  • Article
    Lock icon S Korea to aim for 7.5pc growth under new plan
    245 32 UPI SEOUL South Korea will aim for an average annual economic growth of 7.5 per cent in real terms under its seventh five-year development plan covering 1992-96, lower than the 10 per cent being achieved under the current sixth plan,
    UPI  -  245 words
  • Page 32 Advertisements
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      10 32 M rVIt=IF=J^S[ZZI —II The Richness Of Leather Handmade To Perfection.
      10 words
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      Page 32 Advertisements Column 2
      139 32 u ivi F=J s nz i—II The Richness Of Leather Handmade To Perfection $14.95' Prices Crash At Wall Street $10.95$9.95 t S 8.95 V" $7.95 S 6.95 $5.95 mm $4.95 SEPTEMBER OCTOBER NOVEMBER Prices Crash To A Low $4.95 Invest in this opportunity now Trading Hours: before prices rebound to
      139 words
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  • Shipping Times
    • Article
      FAA to open international field office here next year
      497 33  -  Move a boost to local aerospace industry: CAAS chief By Dexter Lee SINGAPORE Drawn by the growing aerospace industry in the Asia-Pacific, the US Federal Aviation Administration (FAA) has decided to open an international field office in Singapore in April next
      497 words
    • Article
      Dispute over impounded lash ships set to end
      476 33 BANGKOK The lingering dispute over lash ships (lighters aboard ships) is expected to end later this week after Bang Khor Laem Police Station sent a report to the Police Department which forwarded it to the Public Prosecutions Department for action. Sources, quoted
      476 words
    • Article
      INDEX TO ADVERTISERS
      3 33
      3 words
    • Article
      Lock icon Mayne Nickless sees more overseas profit
      151 33 Reuter MELBOURNE Transport, security and health care group Mayne Nickless Ltd said it expects higher revenue and earnings from its North American and British transport operations in the future. Chairman Bruce Redpath yesterday told the annual meeting that the overseas operations had continued to
      Reuter  -  151 words
    • Article
      Lloyd's study on exhaust emission enters 2nd phase
      327 33  -  By Selva Kumar LONDON Ship classification society Lloyd's Register has embarked on the second phase of a study on marine exhaust emission and its effects on atmospheric pollution. The first phase of the study, which was concerned solely with exhaust emissions from
      327 words
    • Article
      Lock icon Brazil privatises firm that builds train cars, buses
      301 33 AP RIO DE JANEIRO, Brazil The government on Monday sold off Mafersa, a staterun firm that builds train cars, locomotives and buses, indicating that a controversial privatisation campaign has finally begun picking up steam. The government fetched U5548.57 million (SsB2 million) for
      AP  -  301 words
    • NEWS SUMMARY
      • Article
        Modern airport for Pittsburgh
        35 33 PITTSBURGH is building a new airport, and once it is completed in October next year, it hopes it will lift the economy in a region of 2.2 million people Page 2
        35 words
      • Article
        Northwest to offer routes as collateral
        40 33 NORTHWEST Airlines has agreed to put up valuable trans-Atlantic routes and other assets as collateral for US$74O million (SS 1.25 billion) in loans, the Minneapolis-St Paul Metropolitan Airports Commission said on Monday Back Page
        40 words
      • Article
        Two refugee ships ordered to safe harbour
        39 33 THE Coast Guard Atlantic area command said on Monday night it had ordered to safe anchorage in Guantanamo Bay, Cuba, two "medium endurance" 65-m cutters carrying nearly 500 Haitian refugees. Back Page
        39 words
      • Article
        Brazilian plane crash kills 17
        39 33 A Brazilian domestic airliner plunged in flames into a public square in the city of Recife on Monday, killing at least 17 people, including two on the ground, a news agency reported Back P«fe
        39 words
      • Article
        4 groups chosen to bid for new Greek airport
        34 33 THE Greek government has asked four international groups to make final bids to build and operate a new Athens international airport at Spata. Back Pafe
        34 words
    • LOG BOOK
      • Article
        Two killed in Aussie military plane crash
        80 34 SYDNEY An Army plane crashed on takeoff yesterday, killing two men and injuring eight others. The Pilatus Porter aircraft was on an exercise carrying two crew and eight parachutists. There was no indication of the cause, and the army grounded all its Pilatus
        80 words
      • Article
        48 Pakistani fishermen detained
        116 34 NEW DELHI The coast guard detained 48 Pakistani fishermen after their boats strayed into Indian territorial waters near the Lakshadweep Islands off the country's south-western coast, the Press Trust of India news agency said yesterday. The news agency said the coast guard determined the 48 fishermen
        116 words
      • Article
        McDonnell unit won't be sold
        127 34 NEW YORK McDonnell Douglas Corp has decided not to sell its finance subsidiary, a move that had been under consideration for the last year. The aerospace company, based in St Louis, said on Monday it would instead focus the subsidiary on two core areas aircraft
        127 words
      • Article
        KL to provide telecoms help
        82 34 KUALA LUMPUR Malaysia plans to provide assistance to help Uganda, Somalia, Bangladesh and Afghanistan improve their telecommunications systems. Energy, Telecommunications and Posts Minister Datuk Seri S Samy Vellu said here. He said the Cabinet would decide the form of assistance to be given at its
        82 words
      • Article
        Five killed in Peru plane crash
        106 34 LIMA A small plane crashed shortly after takeoff from a northern jungle airstrip, killing five Peruvians including passengers and crew members, police said on Monday. One passenger reportedly survived. The crash of the Piper Aerocommander 23 in Juanjui, 550 km north-east of Lima, came
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      Lock icon Modern airport to complete image of new Pittsburgh
      1152 34  -  Pittsburgh is building a new airport, and once it is completed in October next year, it hopes it will lift the economy in a region of 2.2 million people, reports Michel Marriott Michel Marriott NYT THROUGH a haze of dust stirred up
      NYT  -  1,152 words
    • Article
      DAILY FREIGHTS
      1189 34 DRY cargo brokers on Monday noted an increasingly bearish influence in the spot market especially in the Atlantic where some vessel oversupply was seen. The fall in rates was reflected in a 13-point drop in the Baltic Freight Index which has been moving sideways over the past two
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      WEEKLY FREIGHTS
      215 34 FREIGHT rates continued to mark time over the past week, supported by anticipation of an imminent announcement of further US credits to the Soviet Union, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index fluctuated in a narrow range over the week, before finishing at
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      THE SHIPPING GUIDE
      9423 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        504 49 Vessel toy No Berth Arrival Oepartire Vessel toy No Berth Am*i Oepartire Marina Terminal 1 Ahca Star 9111 MOl ato(*side 12.11/1800 Btm BaHagia *****1 M05 1211/2300 Crtra Jaya *****1 M03 atom*e 1311/2300 Jaya Bersama J330 M04 alongside 1311/2300 Kabaniahe 42/91 M02 alongside 12 11/2300 MahkotaExp *****1 M05
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        IN MALAYSIAN PORTS
        107 49 a g% jonorc rori Berth: 1: ml; 2: Cabana; 3: Kota Ratna; 4: Zaporzhje; 5: Barge Munar No 2; 6: ml. 01 jetty: Kya Erenburg, Success Way. DC* ml. Dutjn Nov 12: Antares, Silver Pride, Bunga Mas, Barge SeaiAdmral. Due3m Nov 13: Stolt Falcon, Global Jupiter, Soon
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        CONTAINER SCHEDULE
        2 49
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    • Article
      Lock icon Northwest Airlines to offer routes as collateral
      402 50 Reuter MINNEAPOLIS Northwest Airlines has agreed to put up valuable trans-Atlan-tic routes and other assets as collateral for US$74O million (551.25 billion) in loans, the Minneapolis-St Paul Metropolitan Airports Commission said on Monday. The loan package, which includes US$35O million to build two
      Reuter  -  402 words
    • Article
      Lock icon Brazilian plane crash kills 17
      161 50 AP RIO DE JANEIRO, Brazil A Brazilian domestic airliner plunged in flames into a public square in the city of Recife on Monday, killing at least 17 people, including two on the ground, a news agency reported. The Jornal do Brasil agen- cy said the
      AP  -  161 words
    • Article
      Lock icon Two refugee ships ordered to safe harbour
      156 50 UPI NEW YORK The Coast Guard Atlantic area command said on Monday night it had ordered to safe anchorage in Guantanamo Bay, Cuba, two "medium endurance** 65metre cutters carrying nearly 500 Haitian refugees. The ships were identified as the Confidence out of Cape
      UPI  -  156 words
    • Article
      Lock icon 4 groups chosen to bid for new Greek airport
      218 50 Reuter ATHENS The Greek government has asked four international groups to make final bids to build and operate a new Athens international airport at Spata. The four are British Aerospace pic, Lockheed Corp unit Lockheed Air Terminal Inc, Hochtief AG and
      Reuter  -  218 words
  • Page 33 Advertisements
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      8 33 tor advertising enquiries, contact Shipping Times lei 740-20*9/740-2090
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      Page 33 Advertisements Column 2
      162 33 r TEL: 86 1 471 1 FAX: 862 471 1 At Your Service, Sir with Speed... Reliability... Global System Kli n v k line K LIN:/ 73 jC line For over 70 years, "K" Line has been building and perfecting a total global shipping system covering land, sea, and air.
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      Page 33 Advertisements Column 3
      33 33 CONTENTS Container Schedule 17 My Fragtos 2 Index to Advertisers I Shipping Guide IMI Ships m Port V Singapore T«te iJ Transport Dury a 3 Weather and Sea Contains 13 Weekly Froghts I
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      Page 34 Advertisements Column 1
      37 34 ys< P.T J ALMA PROGRESS SHIPYARD (BATAM) PALKA UTAMA SHIPPING PTE LTD 10 Anton Rd #23-04 International Plaza Singapore 0207. Tal: 226 3310 Fax: 224 6464 A SHIPBUILDER/SHIP REPAIRER BARGES, TUGBOATS VESSELS SHIPPING SERVICES: BATAM/ PALEMBANG/PEKAN BARU/RIAU.
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      Page 35 Advertisements Column 1
      920 35 Dedicated to Quality Service OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES TEL: *****11 FAX *****09 BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 PESAKA JAROINE SHIPPING AGENCIES SON. BHD PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL *****3/4 FAX: *****6 P
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      Page 35 Advertisements Column 2
      1171 35 TRANSPORT DIARY Nov 13 (12.15pm to 1.45pm): Lunchcon Talk by Mr Hugh O McCoy on "An Overview of the Present State of the World Bulk and Tanker Markets and the Likely Future Trends", organised by The Institute of Chartered Shipbrokers (Singapore Branch) at the World Trade Centre Gub. For further
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      Page 35 Advertisements Column 3
      925 35 MAERSK LINE WEEKLY SAILINGS TO MIDDLE EAST TOBIAS MAERSK VOY. 0123 ETA SIN 14/11/01 Voy ETA ETD Man! 8110 LOB cargo connecting Andera 0120 at HKG Thti week CY 19/11 0600 HRS CFS 14/11 2369 MRS World Lynx/ Markur Dana DESTINATIONS Port Keiang Penang OAK LOB MOO MEM ATL CHS
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      Page 36 Advertisements Column 1
      795 36 u Hapag-Lloyd CONTAINER SERVICETO UK/CONTINENT mu CAMO TO KM STOK FOR eoMcnoH. I ALL SMNKNTS TO MOONMBIWI Also accepting cargo to- All UK N. Continent inland destinations. Belfast, Dublin, Copenhagen, Aarhus, Gothenburg, Malmo, Helsinki, Oslo, Amsterdam, Caribbean, S. America, Ceuta, Melilla Canary Islands. CONTAINER SERVICE FROM UK/CONTINENT VOY NO R'DAM
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      Page 36 Advertisements Column 2
      657 36 fgj CSAV Compania SudAmericana Compania SudAmer.cana be Vapores S* Chilean Line E»1 1872 SEASPAC SERVICE DRECT SOUTH PACFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 11/12 14/12 20/12 M.SO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO, APIA t NUKUALOAf A DRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF
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      Page 36 Advertisements Column 3
      797 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND F6ft EUROPE W./VOY NORASIA PRMCESS 9136-3 JAPAN SEA 137N CHMA SEA 138* NORASM SMGA 9139-3 NORASIA ALMUNTAZAH 9140-3 WESTBOUND FOR MEDITERRANEAN VIA VLT (MALTA) SM CM VLT PRS ALX PSO IRS KOf WCE ANC NORASM PRMCESS 9136-3 17/11 21/11 03/12 07/12 01/12 09/12 11/12
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      Page 37 Advertisements Column 1
      1090 37 P&O Containers Steamers Maritime Holdings Ltd STRAITS SHIPPING CONTAINER SERVICE TO UK CONTINENT SERVICE TO SABAH. SARAWAK BRUNEI <#)«* EAST9OURDP+OCL KLS Also Accepting Car|o For HAMBURG ROTTERDAM BfitMtRMAVtN SOUTHAMPTON To Copenhagen AAihus Gothenburg. Malmo. Stockholm. Helsinki Sondeiburgm, Bremenhaven To Antwerp. Amsterdam. Oslo. Basle. Zurich. Le Havre To Bremen To All
      1,090 words
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      Page 37 Advertisements Column 2
      986 37 p CHO YANG LINE WEEKLY ROUND THE WORLD CONTAINER SERVICES TO: U.B.AVPANAMA FM: U.8.A./PANAMA WSSIL/VOY LGB CM FO* SAV NOR NYC VtSSCL/VOY NTC NOR SAV CM LG* OCT AUG VICTORY CHOYANG HOMO CHO YANG GIANT OS* K NAT CM CNO YANG GlO>Y HUM St NATO* CHO YANG CHANCf If 14$
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      Page 37 Advertisements Column 3
      350 37 flai Sun Hup Co (Ftc) I.to i;ASII;KN CAK I.inkk In> STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PR PI DM CT GLOMI SJUOtS VIM M SM M. *101* 23/12 1/1 •Mm cits E.L. i Pi. 9d 22/11 2C/U
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      Page 38 Advertisements Column 1
      406 38 DJAKARTA LLOYD INDONESIAN NATIONAL LINt CR NBR **********0-D EXPRESS SEMI-CONTAINEKSNIP SERVICE TO EUROPE V&/WY lU/JJHB STOKE wu HMM/MMM H*BURG BREMEN MTMRP 13/1 21/1 2f/l 30/1 FAST TRANSIT TIME ACCEPTINQ BREAK BULK/CONTAINERISED CARGO 9ub|#ct to Inducomttil- Alto icctpMnj ctrjo to CtitMinci, Port SaM, Port Alexandria, Genoa, Trtaala. ALSO ACCEPTING BOTH CONTAINCRS,
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      Page 38 Advertisements Column 2
      850 38 (g) HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE r FDR VS. HMUH FELIXSTOWE OIK HMUM IE HAVRE OIK HMUM ELIZABETH 002E FOR VS. H KNANG VANG 082E HMUN KUNSAN OWE FISHGUARD BAT 106N HMUM CHEJU 17ft Aho »cctptiof Reefer. Openltp. FMrick etc to S*
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      Page 38 Advertisements Column 3
      950 38 0) EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) mwiuntiKwwinißHnoLjucitHiKuiMiiiiitiKncii i aon 11/11 i4/ii i»/n a/u 22/1125/1121/11 21/11 a/11 am 2/12 u/u 25/1121/11 a/u 7/1 1/1 1/1 14/1 12/1 22/1 1/2 5/2 c/z 1 aum n/U 0/11 S/U 8/11 1/11 J, U 1/0 U ,/u 1/12 a/12 l/l VI 5/1 14/1 15/1 lt/1
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1223 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: MB2 IMPORT: *****69/*****50 CFS: MB2 EXPORT *****53/*****04 NEPLINE SDN BHD MALAYSIA K.1.-<O3) *****33. P.Kelang-<O3)
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      Page 39 Advertisements Column 2
      484 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) BALT ORIENT LINE 1 A FULL CONTAINERSHIP SERVICES I I \l>\ LINK FOR (M.T AccapUnc* oi carfMi I*
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      Page 40 Advertisements Column 1
      1361 40 K K LINE KAWASAKI KISEN KAISHA, LTD ICR No: *****7 J0000M) AS AGENTS: FAX MALAYSIA: £«25"-££jEBMSWR" »«L INDONESIA: P.T SAftANA LAUT IMTIRNUIA, TEL: JKT *****78, *****77. *****08 f EXPORT NJKMEffICA PACIFIC SOUTH WEST FEEDER VESEL DIRECT CALL LIONS GATE BR OMECT CALL SMRE BRIDGE «M fOKI *OY "MM) "TK/PEN 27
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      Page 40 Advertisements Column 2
      978 40 9 PHIU-ORICNT LIN€S PT€ LTD MM FAX: *****76/*****3fi 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****6W*****00 Telex: RS ***** PHIUB BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION M.KAST INDIA MKDITKRKANK.W ON\ KNTIONAL K L 1.(1. SKK\ l(
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      883 41 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106. REGIONAL CONTAINER SERVICES {JAKARTA ISEMAR ANQ/SURABA YA VESSEL KOTA MAWAR KOTA SABA3 VOY SIN KAO 9132 26/11 2/12 KSB 101 3/12 9/12 KEE 3/12 10/12 SIN 10/12 17/12 HO CHI MINH VESSEL STRAITS PRIDE VOY 38N SIN
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      Page 41 Advertisements Column 2
      751 41 BEN LINE CONTAINERS LTD 200 Cantonment Road #13-05 Southpoint Singapore 0208. Tel: *****22 Fax: *****63 Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT CLOSING TIME: FCL: 18/11/91 1800 HRS LCL: 18/11/91 0400 HRS CLOSING TIME:- FCL: 14/11/91 1400 HRS LCL: 13/11/91 2400 HRS EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Agents: Singapore
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      Page 41 Advertisements Column 3
      380 41 BOUSTEAI SHIPPING AGENCIES >3 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| MERGUI VIIOW In Pt HPAAN V 1691* 18/20 Nov PINY* VUSW 23/25 No» PAGAN VI76W 26/28 Nov HPAAN VI7OW 30/2 Dec THE BANK LINE (A sarvlca of Andrew W«lr Shipping) SEMI-CONTAINER
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      Page 43 Advertisements Column 1
      556 43 IST CLASS CONTAINER TRANSPORT 1 111 I II I IT WEEKLY TO EUROPE (WORTH CONTINENT-UK-SCANDINAVIA) (piro»»m) »-HAiirTom») h-buwo(4) B. Sarata/H Bhun Saraja/M Bhun B. SmMt/U Shun B. Sarata/M Bhum B. Jaraja/W Bhun B. Saroia/W Bhum ft. Bhum |a/W. Bhum B. SMii/l B. Saraja/* P.KLAMO 10/U l/U 10/11 B/U 10/U B/ll
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      Page 43 Advertisements Column 2
      515 43 V Nedlloyd Lines NEDLLOYD MEDITERRANEAN SERVICE OFFERS YOU 12 DAYS TO DAMIETTA NEW ZEAUND/FUI VESSEL *t N Rosar»/9126S 19/11 N Rotter dam/9128S 23/11 N Rouen/9129S 2/12 Accepting P Chalmers via Timaru P.K| f«n **k Sin 17/11 13/11 13/11 16/11 25/11 25/11 25/11 27/U 5/12 «/12 4/12 6/12 Cargo To Be
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      Page 44 Advertisements Column 1
      417 44 TO AUSTRALIA/NEW ZEALAND TO USA/CANADA Also accepting cargo totUSA Houston, Savannah, Norfolk. Baltimore Now York CANADA —Montreal. Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN (,I MR \I \(,I NIM Kno BELSIN SHIPPING AGENCIES PTE. LTD. *PC T POSEIDON CONTAINER TRANSPORT QMBH HAMBURG VM TRANSSBERIA RAIL SERVICES THRU USSR Through B/L and Charges to Inland
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      Page 44 Advertisements Column 2
      555 44 T.S.K. LINE (TOKYO SENPAKU KAISHA, LTD) STORE AGENT TSKLINE AGENCIES (S) PTE LTD 70 SHENTON WAY #04-01 MARINA HOUSE ST'ORL 0207 TEL: 22G3363 FAX: *****72/3 TLX: ***** TSKSIN S3 EXPORTS TO HONGKONG. TAINAN, MANILA 4 JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE ACX INK ACX RUBY (ALSO ACCEPTING Fa TO HUOSHMA)
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      Page 44 Advertisements Column 3
      81 44 m PT. CELEBES LINES Weekly FCL LCL Shipping Services SURABAYA General Agents: Common Freight Carriers pte ltd. 7 KEPfCL ROM) #01-26 TANKING PAGAR COMPLEX SINGAPORE 0201 TEL: *****55 TELEX: RS 2»029 FAX: *****92. *****69 Portnet Code CM C« **********0N CFC GWEND SHIPPING (GWENDI (S) PTE LTD THE PLAZA #02-340 TEL:
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      Page 44 Advertisements Column 4
      1017 44 1* i CHINA OCEAN SHPPING COMPANY FULL CONTAINER LINER SERVICE IUUrSU'S AGENTS CHUNG CHIAO SHIPPING SON BHD Kl TEL: *****91/17 FAX: *****92. ***** P. KLANG TEL 36M106/I TLX IU ***** PENAN6 TEL &***** TLX: MA ***** GUAN GUAN SHIPPING SON BHD P KLANG TEL: 36*9206/7 3672*55 FAX: 03-*****64 TLX: MA
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      Page 45 Advertisements Column 1
      538 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 'Sr HOT LINE *****33 (24 LINES MEDITERRANEAN SERVICE EUROPE MAIN CONTINENT PORT KLANG PH: 03/*****66 (12 UNES) II PENANG: 04/*****7 (10 UNES) PJE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA TORT KELANG pENANG
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      Page 45 Advertisements Column 2
      803 45 9 j® RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UnM) FAX: *****15/*****03 TELEX: R8 ***** RI3HIP (3 UnM) (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL KIBH HIING LINE FULLY CONTAWERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO ALSO ACCEF TM TO CAKTONN/
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      Page 45 Advertisements Column 3
      263 45 VESSEL VOY TIGER BAY 179N TIGER SHARK 03N TIGER STAR ISON SM 16-16/11 20 21/11 25-26/11 24-26/11 28-30/11 02-04/12 sm 02-03/12 05-06/11 10-11/12 VBL VOY SMGAPORE/CALCUTT A/SMGAPORE VESSEL VOY TIGER RIVER 139CN8 EAGLE BREEZE 082 LHOTSE 412 SM 16-17/11 20-21/11 27-26/11 CAL SM 23-27/11 03-04/12 27-01/12 07-01/12 04-08/12 14-15/12 VSL.
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      443 46 S'PORE 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 EXPORT: *****22 IMPORT: *****02 TAWAU: (089) *****9 mmmmm SIN PEN P K 15/11 16/11 17/11 Ldn/Flx/Rdm/Ant 16/11 17/11 18/11 Gothenburg/Stockhoim/Osk> 21/11 22/11 23/11 Pira«us/Genoa/Triest6 Colombo
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      320 46 AUSTASIA LINE MERLION SHIPPING AGENCY NEW BLUE STAR LINE SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS MANDAMA 0500 IS/U PREMER 15S 20/11 MULBEM 24S 11/12 30/11 9/11 23/12 2/12 20/12 11/11 20/11 2S/12 11/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON,
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      759 46 THONG SOON LINES PTE. LTD 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 ftlWMiri fiERVICEfi VESSEL VOY PUS HKG SIN POM HON NORO RAB LAE MAO EQUATOR STAR 5/91S il/11 16/11 24/11 27/11 29/11 31/11 03/12 05/12 EQUATOR RUBY 5/9 IS 25/11 28/11
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      Page 47 Advertisements Column 1
      608 47 Everett Lines NK COMPANIA PERUANA TOIX DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, MATARANt. 10* I OTHER PERUVIAN PORTS* [WITH T/S AT KOK ON CPV THROUGH BILL OF LADING. Pmm|* P. Ketone Smfapori E'Mm KAMfICWKn h Pt/14 Nov JOI6EIOETT 14/15 Nov 18/17 Nov SHAfIAOOICTT 01/02 Dec IV&V
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      Page 47 Advertisements Column 2
      341 47 N.AMERICA/CARRIBEAN SERVICES Accaptiat car|t l« ttend USA Duttuti—. CnitM. Cantoal Imnci m 4 Ea»l Canada Mm acctpteg 40 Iff to HongfcMg, TateM. and iapa* ISRAEL/ADRIATIC SERVICES W YOKOHAMA 2M EIAT 2M TOKYO 12/11 27/11 15/12 15/11 2/1J 21/1] 21/11 J/12 a/12 27/11 14/12 N/12 21/11 17/12 4/1 2/12 20/12 7/1
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      448 47 MULTI-MODE SHIPPM6 PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARJAH DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS JEOOAH FAR EAST ACCEPTING FCL/LCL PCNANG P KEIANG JAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG ROTTERDAM ANTWEP.
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      413 47 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA General Agents: ABIA PERINTIS LINES PTE LTD 15 Enggor Street. Realty Centre #10-04 Singapore 0207 Tlx: ***** A/B PTASIA FAX: *****53, TEL: *****33 CR NO. **********0 C R APID LCL CONSOLIDATION PUT LMB BANGKOK CMTTf TAIWAN JAPAN ETC AIBT/NZ KOREA
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      Page 47 Advertisements Column 5
      200 47 PTC CONTAINER LINES FCL LCL SERVICE SW FM EAST 18/11 KEELUNG/KAOHSIUNG 16/11 BANGKOK 17/11 MANILA/CEBU 19/11 JAKARTA/BELAWAN/SURABAYA 17/11 PORT KELANG/PENANG/E. Malaysia 17/11 BUSAN 20/11 TOKYO/YOKO/KOBE/NGO/OSA 18/11 HONG KONG S|N CHINA 18/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 13/11 LDN/FLX/LVP/SOU 13/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to
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      492 48 Blt FIL CONTAINER SERVICES PTE LTD f*-MADRAS CALCUTTA BAN6KOK VBL SIN/MADRAS jn mi WXT AVAIABLE 1 I K/11 24-26/11 02 03/12 20-21/11 28-30/11 05-08/11 25-24/11 02 04/12 10-11/12 VBL SIN/CALCUTTA SJN CAL SM NEXT AVAIABLE 16-17/11 23-27/11 03 04/12 21-21/11 27-01/12 07 08/12 27-28/11 04-08/12 14-15/12 HONGKONG ALSO ACCEPTMG Rett*
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      Page 48 Advertisements Column 2
      354 48 Bonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION m AUCKLAND FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO: DON'T WAIT, CALL US NOW: 235 0633 (KATHLEEN/ JULIE/ NICHOLAS/ MARILYN) PORT KELANG TEL. NO: (03-*****32) PENANG TEL. NO: (04-*****7, *****4) FARGO ONTAINER LINESI REGULAR EXPRESS FCL LCL SERVICE DESTINATION
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      469 48 CM con-wnv mTEßmoom SERVICE FROM LCL/FCL PENANG CUJI operates over 800 termirals/WSces in U.SA maintains over 35,000 trectors CWI services over 60,000 points in U.SA CUf§ offer refiabie LCL/FCL services. Ganaral Aflants: Marina Ong KL: ALLIED-LINK >*****9! Susan Ng/Ptilllp Km SINQAPORE: /?Fs\ 778 6522(22 lines) irana Chang/Esthar Yap KIM SHIPPING
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      Page 48 Advertisements Column 4
      414 48 [A j CENTRAL EXPRESS LINEsS MANILA ETA FOR BOOKINGS CfcNTRAt EXPRESS S PORE 221Mbb t AGLE lINt R PENANG 04 b2S.!!I tAGLELINER PORT RELANG Oj *****39 CHINESE-POLISH JOINT STOCK SHIPPING CO COMTAINCR/MtAKtULK UhSI 111 H \l> sm M/S POKOJ V.24 20/11 ROTTERDAM/HAMBURG M/S LUXUN ¥.15 23/11 BANDAR ABBAS/ANTMRf/ROTTERDAM/ HAMBURG M/S
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      Page 49 Advertisements Column 1
      15 49 Read Ghartpoint, a guide to Investingin the Stock Market. "M" Every Saturday in Business Times
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      Page 49 Advertisements Column 2
      236 49 vO c vO c vO c vO c vO c \O c vQc V o 9 0 9 0 9 0 9 0 9 VAN OMMEREN CETECO GROUP TRANSPORT DIVISION VAN OMMEREN AIR (S) PTE LTD WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, VAN OMMEREN AIR IS READY FOR TAKE-OFF. WE HAVE
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      357 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0100 0900 *************************(**********1900 2MO 2100 *****300 JR 1 3 1 7 20 2.1 21 20 1.7 1.5 1.3 1.3 1.5 18 2.2 26 28 28 26 2.2 18 U 1.1 09 0.8 0.9
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      Page 50 Advertisements Column 1
      225 50 CHARTPOINT Every Saturday in Business Times MERCHANT MARME CO. LTD. FULLY CONTAINERISED TRANSPACIFIC SERVICE RELAY VIA KAO FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICES CONVENTIONAL SERVICES Agents: BOUSTEAD SHIPPING AGENCIES TEL: FAX TLX SINGAPORE 02-*****66 02-*****71 RS ***** PAS* GUDANG KUALA LUMPUR 03-*****00 03-*****52 MA ***** KOTA
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      Page 50 Advertisements Column 2
      98 50 JOSINDO TWICE WEEKLY SAILINGS VESSEL PASS GUDANG/SINGAPORE iOSINOO SATU SOUTH BOUND VOY. P. GUDANG 051S 15/11 052S lt/U 053S 22/11 054S 25/11 055S 29/11 056S 2/12 NORTH BOUND VOY. SINGAPORE 052N lt/U 053N 19/11 054N 23/11 055 M 26/11 056N 30/11 057N 3/12 RASIR GUDANG (07) *****0/*****1 SINGAPORE (02)534-0042 AINER
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      Page 50 Advertisements Column 3
      569 50 CHARTPOINT Every Saturday in Business Times 1 ii THE TOTAL TRANSPORTATION LAND...SEA...AIR THE VISA SERVICES ft rn COMOUMTOfI mm C TIUmraftTATKM El OFBMTNM *****1/ Si THE TOTAL TRANSPORTATION PEOPLE DIRECT BOOKING SERVICES VISA FREICHT SERVICES PTE LTD NO 10 ANSON ROAD *20-09 INTERNATIONAL PLAZA S*****) FAX£24 3286 TLX:RS ***** TEL-225
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