The Business Times, 19 November 1991

Microfilm: NL17724
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE BI S!NESS PAPER EOR S-E ASIA MCI (P) 16/12/90 Tuesday, November 19, 1991 75«
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  • NEWS SUMMARY
    • Article
      S Korea sees foreign investment topping US$1.3b
      62 1 SEOUL Foreign investment in South Korea is expected to top US$l.3 billion (552.2 billion) this year, the Finance Ministry said yesterday. For the first 10 months of the year, foreign investment totalled US$l.23 billion dollars, up 88 per cent from the same period
      62 words
    • Article
      Lufthansa, JAL sign co-operation pact
      59 1 TOKYO Deutsche Lufthansa AG and Japan Airlines Co Ltd signed a co-operation agreement to further strengthen and broaden their relationship, Mr Juergen Weber, chairman of Lufthansa's executive board, said. The two airlines will help each other to develop better route networks, cooperate in technical areas
      59 words
    • Article
      Lifting of ban lauded
      29 1 TWO TOP OFFICIAES from Ho Chi Minh City have welcomed the lifting of the ban on Singapore companies investing in Vietnam and Cambodia Page 3
      29 words
    • Article
      Opportunities ahoy
      34 1 THE Subic Bay Naval Station in the Philippines may soon be off limits to the US Navy, but commercial shipyards in the region arc getting ready to welcome US warships. Page 10
      34 words
    • Article
      Political focus shifts
      34 1 US PARTY politics in the months ahead will force the Bush administration to focus on domestic issues, with potentially serious implications for Asian countries, says a risk consultancy firm Page 10
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    • Article
      Banking on barter
      32 1 THE Soviet Union is stepping up barter trade in a desperate attempt to avert food riots and economic collapse this winter, according to commodity traders and analysts Page 11
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    • Article
      Rate fears in S Korea
      29 1 SOUTH KOREAN business circles say that already high interest rates will go up under the deregulatory policy going into force this week. Page 11
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    • Article
      Big changes in India
      14 1 THE UNTHINKABLE is happening in the Indian economy Page 13
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    • Article
      Flights to Vietnam
      30 1 MORE flights between Singapore and Vietnam will be available after Vietnam Airlines and Bulgaria's Jes Air start a joint twice-weekly service from today. Shipping Times Page 1
      30 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      41 1 WALL STREET stocks moved higher early yesterday after the IXiw Jones industrial Average took its fifth sharpest decline in history last Friday. Minutes after the opening bell, the Dow Jones average of 30 industrials was up 3.13 at 2.946.33.
      41 words
    • Article
      Footsie lower
      24 1 LONDON share prices were down 2 per cent midday yesterday. At 12:45 pm (1245 GMT), the FTSE 100-Sharc Index stood at 2.495.3.
      24 words
    • Article
      Metro to return
      30 1 LOCAL retailer Metro will be returning to Park Mall, the former Supreme House, as one of two anchor tenants of the complex when it re-opens. Page 5
      30 words
    • Article
      C&C in condo project
      31 1 THE Cycle Carriage group has announced plans to build 110 condominium units at its Jalan Merah Saga site in Holland Village with a Japanese partner Page 5
      31 words
    • Article
      Goodyear fights back
      34 1 US TYREMAKER Goodyear Tire Rubber Co has beefed up the manufacturing capability of its Philippine subsidiary to match the expansion programme of its major rival. Si me Darby Bhd Page 6
      34 words
    • Article
      Oei ventures North
      27 1 OEI HONG LEONG has set up a major venture in one of the last hard-line communist countries in the world North Korea Page 9
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    • Article, Illustration
      STOCK INDICE
      2 1
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    Asian bourses plunge; Tokyo and S'pore hardest hit
    515 1  -  By Quak Hiang Whai SINGAPORE The spectre of Black Monday loomed yesterday as share prices in major Asian stock markets plunged across the board in the wake of New York's slide last Friday. Tokyo and Singapore were the hardest hit. each losing
    515 words
  • Article, Illustration
    Forty giant Asean firms form a bosses club
    575 1  -  First time such an organisation is set up in region By Lee Han Shih SINGAPORE Some 40 of the biggest companies in Asean. including Bimantara of Indonesia, the Malaysian Hong Leong group, Keppel of Singapore and Siam Motor of Thailand, have set
    575 words
  • Article
    Lock icon Intel unveils its newest and fastest supercomputer
    253 1 Reuter NEW YORK Intel Corp introduced a supercomputer yesterday that can perform more than 3()0 billion mathematical calculations every second, a speed 10 times as fast as its most powerful current machines. The massively parallel computers, which are powered by hundreds or thousands
    Reuter  -  253 words
  • Article
    US dollar drops against major currencies
    143 1 SINGAPORE On the back of the plunge in New York stock prices on Friday, the US dollar fell against major currencies yesterday. In Tokyo, the greenback finished at 128.93 yen and 1.6068 marks, compared with Friday's New York closing figures of 129.30/40 and 1.6185/95
    143 words
  • Article
    Lock icon Looming deadline may spell doom for Indon brokerages
    346 1 Reuter JAKARTA At least a third of securities firms in Indonesia could go out of business unless the government extends a Dec 4 deadline for them to increase their capital by twenty-fold and more, analysts and brokers said. "It may be difficult
    Reuter  -  346 words
  • Page 1 Advertisements
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      163 1 r iko The World's Finest Photographic System. CONTENTS Aircraft Schedule 31 Commodities 30 Company News 5.6 Cryptic Crossword 31 Editorial 12 Financial News 9 Futures Options 29 HK Tokyo Stocks 27 Innovation Tech 20 Interbank Fore* Rates 29 Jakarta Bangkok Stocks 26 KLSE 25 Money Changer Rates 31 Money Market
      163 words
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      Page 1 Advertisements Column 2
      79 1 iko The World's Finest Photographic System Focus, Pg 2 Current recession is not behaving like the others, Pg 13 Cartier jewellery is sold exclusively in the Cartier jewellery stores and Les Must de Cartier boutiques Each piece is accompanied by a certificate guaranteeing its authenticity Co/tier Boutique/ SINGAPORE #01 36
      79 words
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  • FOCUS 1
    • Article, Illustration
      Absence of good news, not bad news, triggered Dow's fall
      606 2  -  Dow's Plunge on Wall Street Salil Tripathi talks to Nobel Laureate Dr Merton Miller Salil Tripathi THE absence of any good news, and not the existence of some specific causc, explains the 120-point plunge of the Dow Jones Industrial Average
      606 words
    • Article
      Lock icon American economy still mired: business leaders
      613 2 System too shaky to deal with more uncertainty, such as interest rate cap idea Reuter THE US economy is weak, possibly still in recession, and vulnerable to setbacks from measures like a legal cap on credit-card interest rates, top business leaders say. Interviewed at
      Reuter  -  613 words
    • Article
      Lock icon Bush steps up re-election preparations
      367 2 US President fears nagging recession could further erode popularity UPI PRESIDENT George Bush, concerned that the nagging recession could further erode his popularity, is accelerating White House strategy sessions for the upcoming re-election campaign but delaying an announcement for a second term until January or
      UPI  -  367 words
    • Article
      Lock icon Senate proposal could do 60m out of their credit cards
      490 2 AP AS MANY as 60 million Americans could lose their charge cards and the American economy could sink into recession if Congress forces a reduction in credit card interest rates, bankers say. Based on a spot check of a dozen
      AP  -  490 words
    • Article, Illustration
      Viet officials say S'pore has role in country's development
      373 3  -  Investing in Vietnam and Cambodia Lifting of investment ban gets warm welcome. Harish Mehta reports Harish Mehta TWO top officials from Ho Chi Minh City have welcomed the lifting of the ban on Singapore companies investing in Vietnam and Cambodia. The
      373 words
    • Article
      Lock icon Ethnic Chinese lead flood of foreign investment into Cambodia
      622 3 AFP WITH the return of peace and Prince Norodom Sihanouk to Cambodia, ethnic Chinese businessmen are leading a foreign plunge into investment here. Thai, Japanese, Australian and French companies have all made major investments, encouraged by the prospects for profit in
      AFP  -  622 words
    • Article
      Vietnam eyes emerging Cambodian market
      424 3 High-powered trade mission visiting Phnom Penh VIETNAM has despatched a high-pow-ered business delegation to Phnom Penh to win business against stiff foreign competition and gain a toehold in the emerging Cambodian market. The Vietnamese business delegation is in Phnom Penh this week and will hold
      424 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      299 2 Dj) C& mm mm Date 2-3 Doc 1991 i 1 i Venue: RELC i I per person Ss34o person above SEMINAR Ipl ■I OBJECTIVES The fundamental objective of this seminar is to proselytize multimedia what is happening now and what we will see in the future. We expect multimedia to
      299 words
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      Page 2 Advertisements Column 2
      130 2 Unrepeatable Investment irtunity Sydney Harbour Australia t 19 LUXURY APARTMENTS plus 5 TOWNHOUSES EN BLOC INVESTMENT FOR SALE THE 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 site of
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      9 3 More S'pore-Vietnam flights from today, Shipping Times, Pg 1
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      Page 3 Advertisements Column 2
      167 3 Em* «nlt> *s '69 7 MoKr S(rx>wvs voir When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And Ive reached the point of Delirium. j. j v* z a
      167 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Pasir Ris exchange launched
        71 4 SINGAPORE Telecom yesterday officially launched its 27th telephone exchange the $13 million Pasir Ris Telephone Exchange. The capacity of the new exchange, now standing at 18.000 lines, will be increased by a further 17,000 lines by January 1993. When fully operational, it will serve some 50,000
        71 words
      • Article
        Ajinomoto opens $9m facility
        51 4 AJINOMOTO (Singapore) Pte Ltd has opened a $9 million facility in Singapore which will act as a new distribution centre for the company. The company, which has been functioning as a sales office since 1973, will expand its role to include repackaging its MSG products for
        51 words
      • Article
        Meeting of top officials
        102 4 THE 17th Asean Japanese Businessmen's Meeting of top businessmen and government officials will take place at the Hyatt Regency Singapore from tomorrow to Friday. The theme of the meeting, to be attended by some 170 top businessmen and government officials, is "Global and Regional Cooperation between
        102 words
    • Article
      Why many workers are not unionised
      278 4  -  By Anna Teo SOME employers still do everything possible to keep unions out of their companies, contends Deputy Prime Minister and union chief Ong Teng Cheong. That is one reason why despite all that the National Trades Union Congress has done to protect and
      278 words
    • Article
      Local firms can benefit from automation
      313 4  -  Carolyn Lim visits three enterprises which are proof that... Carolyn Lim LOCAL COMPANIES, including small and medium enterprises, stand to benefit as much from automation as multinational corporations. Three local enterprises visited by reporters yesterday had increased productivity and better performances from workers to
      313 words
    • Article, Illustration
      Sing Lun's three cords of success
      299 4 CHOOSING the right time to automate, having the determination to do it and retraining the workforce are the three ingredients that made automation a success for garment maker Sing Lun Co. Since introducing its first automated material-handling line last year, the company has achieved
      299 words
    • Article
      New environment helps Tenneco achieve its goals
      317 4 WHAT was once a smelly, back-breaking task has now been reduced to a job in an antiseptic-scented environment, with a minimum of manual labour. Reporters visiting Tenneco Pte Ltd yesterday saw machines that removed the shells and veins of prawns. Another contraption filleted
      317 words
    • Article
      Craft Print invests in its workers
      207 4 CRAFT PRINT has sunk $16 million into its automation plans almost as much as a year's turnover but the printing company is reaping returns. Productivity has increased by at least 35 per cent with staff strength maintained at 182 workers. The company boasts $7
      207 words
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      295 4 9 T /> r 'v>, ■*>*. 'v- "''4, "'V, >fr>* """v 0 «|3fg iBi&SS ff&j o::* W /%v, '"r %r > r/ <v v V J 'v> v. UK "*p 'O/" '''fi,. '^A ''W '*V,. Ofl,, *">„ z<>cs^ «s*, Co.. l> t /(>„ >*>'£' \-T J T'.' *SST3 Wl* «w
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  • COMPANY NEWS 1
    • Article
      Metro to return to Park Mall as an anchor tenant
      468 5  -  By Sylvia Wong SINGAPORE Local retailer Metro will be returning to Park Mall, the former Supreme House, as one of two anchor tenants of the complex when it re-opens. But, unlike the former Metro Supreme which was a general department
      468 words
    • Article
      C & C, Tokyo firm team up to build Holland Village condos
      279 5 C C, Tokyo firm team up to build Holland Village condos SINGAPORE The Cycle Carriage group has announced plans to build 110 condominium units at its Jalan Merah Saga site in Holland Village with a Japanese partner. Through its property holding company, CCL Properties Pte Ltd, the group has formed
      279 words
    • Article
      Marco Polo group suffers sharp profit fall
      270 5 SINGAPORE A lower level of room occupancy at the Omni Marco Polo hotel has led to a sharp drop in turnover for Marco Polo Developments, formerly known as Hotel Marco Polo Ltd. Commenting on the halfyear results to Sep 30, the group said
      270 words
    • COMPANY BRIEFS
      • Article
        No listing for Japan's 3 railway firms until '92
        67 6 lOKYO Japan will not list shares of three firms created trom the state-owned Japan National Railways before early next year. Transport Minister Keiwa Okuda was quoted as saying by a ministry spokesman yesterday. Mr Okuda told the newspaper the ministry hopes
        67 words
      • Article
        Wing On-Seiyu in retail tie-up
        52 6 HONGKONG Wing On (Holdings) has teamed up with Japanese retailer Seiyu to expand its retailing business throughout Asia. The group announced on Sunday that subsidiary Wing On Department Stores had formed a joint venture company with Seiyu subsidiary Ryohin Keikaku Co under the trade name
        52 words
      • Article
        Chiyoda wins UAE contract
        48 6 ABU DHABI, United Arab Emirates The Abu Dhabi Gas Liquefaction Co Ltd (ADGAS) announced on Sunday that it has awarded Japan's Chiyoda Corp a billion-dollar contract. The announcement said the contract covers the construction of the third liquefied natural gas train on Das Island.
        48 words
      • Article
        PacVest's Bangkok development
        43 6 BANGKOK PacVest Capital Co plans to build an exclusive commercial and residential plaza in Bangkok. The Somkid Plaza will be a four-storey European-style commercial and residential project, with a total of 15 units, each measuring more than 800 sq m.
        43 words
    • Article
      Lock icon Reliance set for listing on KLSE
      264 6 MBT KUALA LUMPUR The Reliance Group, a leading tour operator, is expected to be the first tour company to seek a listing on the Kuala Lumpur Stock Exchange. The company is in the midst of restructuring its operations to prepare for the exercise. It
      MBT  -  264 words
    • Article
      Goodyear strengthens its Philippine unit
      400 6  -  Competitor Sime Darby's expansion prompts move From Al O Labita Jr in MANILA US TYREMAKER Goodyear Tire Rubber Co has beefed up the manufacturing capability of its Philippine subsidiary to match the expansion programme of its major competitor, Malaysian multinational Sime Darby Bhd. Goodyear Philippines
      400 words
    • Article, Illustration
      Lock icon Bond launches appeal against HKBank's bankruptcy notices
      346 6 Proceedings against him stem from court judgment two months ago AFP SYDNEY Failed entrepreneur Alan Bond launched a court appeal on Monday to stop proceedings threatening to push him into bankruptcy. Mr Bond challenged that bankruptcy notices filed against him in the Federal
      AFP  -  346 words
    • Article, Illustration
      Lock icon Hyundai founder refuses to pay US$184m penalty
      381 6 AP SEOUL The founding family of the Hyundai Business Group yesterday refused to pay a record US$lB4 million (*****.2 million) in back taxes for alleged illegal stock trading. A complex legal battle was expected. Chung Ju-yung, 75, the honorary chairman of the nation's
      AP  -  381 words
    • Article
      Lock icon Higher yen, US acquisitions eat into Matsushita's profits
      321 6 Reuter TOKYO Matsushita Electric Industrial Co Ltd has posted group net profit of 77.68 billion yen (Ssl billion) in the six months ended Sep 30, down from 126.97 billion yen in the previous corresponding period. The company, the world's biggest consumer electronics
      Reuter  -  321 words
    • Article
      Call to lift rule on Thai liquor
      289 6 BANGKOK Beveragebased Sura Maharas Co has asked Thailand's Industry Ministry to lift a condition which requires the firm to import a large quantity of oak casks for liquor ageing under a whisky quality improvement scheme, the Bangkok Post reported over the weekend. However,
      289 words
    • Article
      Thai stocks likely to be further hit by growing political tension
      450 6  -  MARKET TALK By Vithoon Amorn BANGKOK Thailand's weak stock market, shaken by Wall Street's Friday plunge, faces a bigger threat from growing political tension as widespread planned protests against a pro-military draft constitution unfold this week. The SET Index
      450 words
    • Article
      Lock icon AEG chairman is confident of a profit turnaround in 1993
      556 8 Reuter BONN AEG AG, the lossincurring electronics unit of Daimler-Benz AG, expects to become profitable in 1993, its management board chairman said. "I am confident that in 1993, AEG will no longer have to talk about being in the red,
      Reuter  -  556 words
    • Article
      Lock icon Rothmans half-time profits set to rise
      277 8 Reuter LONDON Rothmans International pic, the world's fourth largest tobacco group, is set to see a small rise in half-year profits, helped by a growth in sales in East Europe and Malaysia and recent acquisitions, analysts said. These gains will more than offset losses
      Reuter  -  277 words
    • Article
      Lock icon Japanese drug makers face battle overseas
      404 8 Reuter TOKYO Japan has seized a sizeable chunk of the world's electronics and car markets, but its drug makers have a long way to go before they can do battle on an equal footing with foreign rivals. "Japanese drugmakers didn't expand overseas until recently
      Reuter  -  404 words
    • COMPANY BRIEFS
      • Article
        Billionaire says wealth is a spiritual burden
        71 8 DETROIT The billionaire owner of a US pizza chain and professional baseball team says his wealth bothers him spiritually and he may sell his businesses and possessions to prepare himself for heaven. Tom Monaghan, a devout Roman Catholic, has amassed a fortune in
        71 words
      • Article
        Fiat ends venture with Chrysler
        89 8 NEW YORK Fiat Auto SpA, the vehicle subsidiary of Fiat Group, said it has ended its joint venture with Chrysler Corp for the distribution of Alfa Romeo cars and parts in North America. Fiat said it will continue to distribute Alfa Romeo products in the
        89 words
      • Article
        Turkey's Eregli to up capacity
        94 8 ISTANBUL Eregli Demir Celik Fabrikalari AS, Turkey's sole flat steel producer, is spending US$l.7 billion (552.89 billion) on the world's biggest steel capacity increase programme, at a time when output is shrinking elsewhere. "We want to meet all of Turkey's demand and increase our share
        94 words
      • Article
        ENI looks at Enichem tie-up
        74 8 MILAN State energy group Ente Nazionale Idrocarburi (ENI) is still reviewing proposals for a strategic alliance for its loss-incurring chemicals unit Enichem SpA, offered by Union Carbide and Montedison SpA. "At this moment neither one nor the other is favoured. They both have weak points,"
        74 words
  • Page 5 Advertisements
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      63 5 The art of writing. MOHT° BLANC Available at Cortina Watch Cantra Pta Ltd #02-15/17. Funan Centre Nanking Watch ft Jawallary #01-20. Lucky Plaza Thong Hlap Pta Ltd #01-01. Plaza by me Park Offenbach #01-29/30. Paragon n M IP LEAVE SOME ROOM FOR DESSERT KX TRAVU ARRANGEMENTS TO PARIS CONTACT UTA
      63 words
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      97 6 LTCB links you to a world of financial possibilities. We go beyond traditional boundaries to answer your needs. Our innovative ideas and competitive terms deliver the most efficient financial solutions-wherever in the world they may be found. Money isn't every thing...especially in finance. Sometimes you need a stronger link, too.
      97 words
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      274 7 ONLY CANON CAN. CLC 300 *iJ 10 V-:' wgg&g&m CLC 500 NP 1215 I M* NP 2020 HI M* fe> m NP 3050 NP 3325 s. -i < V r C .uionnHv- 3 M ■> M 44: r"1 ■per? NP 4050 NP 6650 NP 4835 l 1 'CV >; 4
      274 words
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      113 8 We're Committed To Giving You Faster Cargo Service To More Of America. With a growing network of 11 cargo drop centres and A on-line depots across the U.S. and Canada, Korean Air covers more of North America than any other Asian airline. Your cargo is processed faster courtesy of more
      113 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Oei Hong Leong in deal to open bank in N Korea
      396 9  -  By Lee Han Shih SINGAPORE Constantly looking for new markets to cut a deal, Mr Oei Hong Leong has set up a major venture in one of the last hard-line communist countries in the world North Korea. In a
      396 words
    • Article
      Lock icon SEC scrutiny plan alarms Japanese
      472 9 NYT TOKYO The Japanese securities and financial industries are alarmed by the US Securities and Exchange Commission's (SEC) plan to establish a regulation next year that would require all securities firms operating in the United States to regularly report their parent companies' financial and management
      NYT  -  472 words
    • Article
      Lock icon Congress may opt for combined banks and savings bailout
      324 9 NYT WASHINGTON With time running out in the legislative session and the insurance programmes that protect the nation's banks and savings associations rapidly losing money, some members of Congress are recognising that they may have to combine the requests for money
      NYT  -  324 words
    • Article
      Lock icon Former Salomon trader's motive seen as non-collusive
      353 9 Reuter NEW YORK A strategy believed to have been used by Paul Mozer when he was head of government bond trading at Salomon Brothers Inc could counter allegations that he, or the firm, conspired with others to corner the market by overbidding at
      Reuter  -  353 words
    • Article
      RMCA Re posts additional $3.4m loss
      397 9 SINGAPORE RMCA Reinsurance Ltd posted an additional unaudited net loss of $3.4 million for the quarter ended Sep 30 and projected more losses for the current quarter as natural calamities continue to plague the world. The Singapore reinsurance company, which had been badly hit
      397 words
    • SMALL CHANGE
      • Article
        Shenzhen to have rules on shares for foreigners
        80 9 HONGKONG The fledgling bourse in China's Special Economic Zone of Shenzhen will soon publish regulations governing the issue of shares to foreigners, a semi-official report said here yesterday. The Shenzhen Wuye Development Group and Nanfang Glass Co will issue an initial float
        80 words
      • Article
        Japanese bank cuts prime rate
        73 9 TOKYO Taiyo-Kobe Mitsui Bank Ltd yesterday lowered its short-term prime lending rate by 0.375 per cent to 6.625 per cent annually. It was the first Japanese commercial bank to cut the prime rate since the central Bank of Japan reduced its official discount rate by
        73 words
      • Article
        Prime Computer's debt eased
        81 9 WASHINGTON Shearson Lehman Brothers Inc, a unit of American Express Co, and lender banks have agreed in principle to further restructure debt owed them by Prime Computer Inc. Shearson converted cash interest payments from US$5O million a year to about US$75 million in payment-in-kind securities a
        81 words
      • Article
        GRE plans disposal scheme
        55 9 LONDON The UK insurer Guardian Royal Exchange (GRE) is planning a disposal programme of non-core businesses to cover large underwriting losses, The Sunday Telegraph newspaper reported. It said GRE's broker SG Warburg expected the firm's German subsidiary Albingia Versicher-ungs-AG and its American interests will be top
        55 words
      • Article
        Bangladesh cuts key bank rate
        31 9 DHAKA The Bangladesh central bank has lowered its bank rate, which it charges on lending to commercial banks, to 9.25 per cent from 9.75 per cent.
        31 words
    • Article
      Lock icon Investor involved in BCCI deal denies breaking law
      302 9 Reuter KARACHI A Saudi Arabian investor accused of fraud and of secretly taking over a United States bank said a US indictment was motivated by the political frenzy over the collapsed Bank of Credit and Commerce International. Ghaith Pharaon, in a statement
      Reuter  -  302 words
  • Page 9 Advertisements
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      183 9 INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. EASY STAFF personnel system is an award winning human resource package. EASY ASSET fixed assets system that manages your
      183 words
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      Page 9 Advertisements Column 2
      503 9 The University of Michigan and The ASEAN Chambers of Commerce and industry STRATEGIC MARKETING PLANNING Dste: December 9 -11,1991 Progam Objectives: To enable participants to formulate and evaluate their international and domestic market planning strategies. Venue: Hyatt Regency Hotel, Singapore To translate organizational mission strategies into the global marketing plan.
      503 words
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  • THE REGION
    • NOTE BOOK
      • Article
        NZ to lift sanctions against South Africa
        94 10 WELLINGTON New Zealand will lift a range of sanctions against South Africa, Prime Minister Jim Bolger said yesterday. The action follows the agreement reached by the Commonwealth heads of government at their recent meeting in Zimbabwe. As a result, Mr Bolger said, New
        94 words
      • Article
        7,000 US troops for war games
        68 10 BANGKOK The US plans to send 7,000 troops to take part in the annual joint Thai-US military exercise next year, a press report said here yesterday. It quoted diplomatic sources as saying the move showed that Washington still wanted to maintain a good working
        68 words
      • Article
        Study on Thai N-power plant
        66 10 FOUR Thai government agencies and a world atomic energy body will jointly conduct a feasibility study on Thailand's first nuclear power plant early next year, according to a report in the Bangkok Post. The paper said it would be the first of a long process
        66 words
      • Article
        Jakarta warns errant investors
        83 10 JAKARTA The Indonesian Investment Coordinating Board (BKPM) has warned foreign and local investors to periodically report the implementation of their projects or face sanctions, says a report in the Jakarta Post. Quoting BKPM vice-chairman Rasidi, the paper said that the government had introduced a ruling in
        83 words
      • Article
        Another massacre claimed
        98 10 SYDNEY New claims of a second East Timor massacre in which 80 people were executed by Indonesian authorities were made in the Australian media yesterday. East Timorese groups in both Sydney and Darwin claimed they had received reports that the executions took place 48 hours after government
        98 words
    • Article, Illustration
      Lock icon Commercial yards in region ready for US warships
      522 10 Indonesia and Malaysia set to do business AP SINGAPORE The Subic Bay Naval Station in the Philippines may soon be off limits to the US Navy, but commercial shipyards in the region are getting ready to welcome American warships. A year after
      AP  -  522 words
    • Article
      Lock icon IMF rejects Manila call to ease economic targets
      244 10 Reuter MANILA An International Monetary Fund (IMF) technical team has rejected Philippine proposals to relax economic targets for new loans, but Manila says it is ready to work out a compromise with higher IMF officials this week. "There's disagreement on some of
      Reuter  -  244 words
    • Article
      Aussie centre studying 8 nations in region
      589 10  -  Singapore among those in social, political and economic survey From Tye Kim Khiat in MELBOURNE AN AUSTRALIAN research centre has chosen eight countries in the region, including Singapore, to put under the microscope. The Asia Research Centre, at Murdoch University in Perth, is
      589 words
    • Article
      S'pore's changing economy giving rise to new social forces
      344 10  -  From Tye Kim Khiat in MELBOURNE SINGAPORE'S emphasis on developing the services sector and the regional economy has given rise to two phenomena one operating within the republic and the other impinging on the region. According to a lecturer at Murdoch
      344 words
    • Article
      Shift in US political focus has implications for Asia
      547 10  -  By Alec Almazan SINGAPORE US party politics in the months ahead will force the Bush Administration to focus on domestic issues, with potentially serious implications for Asian countries, the Political and Economic Risk Consultancy (Perc) says in its latest Asian Intelligence
      547 words
    • Article
      Thailand likely to post $653m trade surplus with EC
      220 10 BANGKOK Buoyed by a surge in industrial exports, Thailand is expected to record a trade surplus of 10 billion baht (***** million) with the European Community this year, says the Bangkok Post. Quoting figures from the Thai Business Economics Department, the
      220 words
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      98 10 100,000 SQ.FT. AIR-CONDITIONED FACTORY TO ASSEMBLE fUPwIMIVI MMRM YOUR g"»| jgyi#% CliCv I fIWIHIW PRODUCTS Our Company has a 100,000 sq.ft. air-conditioned factory located at the centre ofJohore town, and is currently assembling telephones and electronic products for clients under contract and OEM basis. Some of the contracts will expire
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      Page 10 Advertisements Column 2
      96 10 A MUST FOR EVERY SUCCESSFUL MAN! mi I*2 mam jMiai r r personalised gold hot-stamping with every purchase. IN (2) EXCLUSIVE VERSIONS: Please tick: Quantity Genuine Leather *****.00 per set Bonded Leather S$ 80.00 per set Complete your look of success with this exclusive set of diaries. They will definitely
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      7 10 How Thailand plans to grow, Pg 12
      7 words
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  • THE WORLD
    • Article
      Lock icon G-7 in bid to lift Soviet economy
      495 11 Team holding talks with state officials in Moscow AP MOSCOW The Group of Seven industrialised democracies undertook more talks yesterday on how to revive the failing Soviet economy even as control over the economy was effectively passing into the hands of the Russian
      AP  -  495 words
    • Article
      Lock icon S Korean investors say deregulation will raise rates
      376 11 AFP SEOUL South Korean business circles, reeling from the government's tight-mon-ey policy, are charging that already high interest rates will go up under the deregulatory policy going into force this week. The government announced last week that the first part of a
      AFP  -  376 words
    • Article, Illustration
      Lock icon Tough battle for Major this week
      423 11 Parliamentary debate on EC threatens to divide party Reuter LONDON British Prime Minister John Major faces one of his toughest tests as Conservative leader this week when pro- and antiEuropeans in his party join battle in a two-day parliamentary debate over European union. His
      Reuter  -  423 words
    • Article
      Lock icon Moscow stepping up barter trade
      443 11 Reuter LONDON The Soviet Union is stepping up barter trade in a desperate attempt to avert food riots and economic collapse this winter, according to commodity traders and analysts. But, they added, barter was slow, complicated as well as risky, and would only cover a
      Reuter  -  443 words
    • Article, Illustration
      Health workers protest
      37 11 PARIS Several hundred thousand health workers carrying crosses and mock coffins taking part in a mass demonstration on Sunday. People from all over France participated in the march calling for better pay and conditions.
      37 words
    • Article
      Lock icon US, EC may agree on farm trade by end of next week
      404 11 Reuter PARIS An accord on farm trade between the European Community and the United States, aimed at relaunching stalled world trade talks, could be ready by the end of next week, EC Commission President Jacques Delors said during
      Reuter  -  404 words
    • Article
      Lock icon British retail sales rise for third straight month
      334 11 Reuter LONDON British retail sales rose on a year-on-year basis for the third consecutive month in October, suggesting that a slow upturn is gathering momentum, says the Confederation of British Industry (CBI). "While this is the most marked year-on-year rise in volumes
      Reuter  -  334 words
    • WORLD WATCH
      • Article
        Taipei opens doors to ethnic Chinese
        92 11 TAIPEI Taiwan will make it easier for ethnic Chinese professionals and businessmen to immigrate from Hongkong and Macau, the island's immigration chief said yesterday. Wang Yuan-jen, director of the Bureau of Entry and Exit, said Taiwan wanted to benefit from the exodus taking place
        92 words
      • Article
        Taiwan's projects abroad up 18pc
        69 11 TAIPEI Taiwan approved 291 overseas investment projects amounting to US$l.4 billion (552.3 billion) in the first 10 months of 1991, an 18.42 per cent jump over a year earlier, the Investment Commission said on Saturday. Meanwhile, approved investment by foreigners on the island in the
        69 words
      • Article
        Britons against EC power control
        81 11 LONDON More than two-thirds of Britons are opposed to the transfer of power in foreign policy and defence from the British Parliament to European Community bodies, an opinion poll published by The Observer newspaper on Sunday indicated. The poll found 67 per cent against the
        81 words
      • Article
        Israel, China in diplomatic move
        58 11 JERUSALEM Slowly and discreetly, Israel and China are moving towards the establishment of diplomatic relations, authoritative sources said here yesterday. A dozen members of the Israeli Chamber of Commerce headed for Beijing yesterday in a bid to develop economic relations between the two countries, which
        58 words
      • Article
        Japan deports more alien workers
        101 11 TOKYO Japan deported an increasing number of illegal foreign workers in the first half of this year, with the number of Iranians ordered to leave rising more than four-fold, the Ministry of Justice said. In a report issued on Sunday, the ministry said Japan deported
        101 words
      • Article
        US official asks Zambia to reform
        97 11 LUSAKA Washington's top Africa official urged Zambia's new government on Sunday to agree to economic reform with world groups to get aid money flowing again. Herman Cohen is the most senior US official to visit Zambia since President Frederick Chiluba's sweeping election victory over
        97 words
    • Article
      Lock icon Pakistan seeking foreign investors
      321 11 Reuter ISLAMABAD Pakistani Prime Minister Nawaz Sharif said yesterday that his government was laying the foundations for an industrial revolution and called on foreign investors to take advantage of unprecendented opportunities. Inaugurating the country's first major investment promotion conference, he told 700 businessmen from more than
      Reuter  -  321 words
  • Page 11 Advertisements
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      66 11 Taman Perindustrian Cemerlang Phase 3 Open for Booking Now! Freehold Semi-Detached Terraced Factories In Johor Baru I =f im t-ii mm S6O 2 Land Area 3160sq.ft 26,000 sq.ft Covered Area 3400sq.ft 8700 sq.ft. No restriction on foreign ownership Terrace factories: from M 5290,000 onwards View Modal* at our Showroom Today!
      66 words
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  • Article
    Things are not that bad
    484 12 EDITORIAL ECONOMIC alarmists may see dangers in the current economic slowdown. Their fears are, however, overblown. The alarmists point to the fact that the economy has been on the down-swing since the start of the year. True, growth in the July to September quarter was
    484 words
  • WHAT THE OTHERS SAY
    • Article
      Gatting things going again
      254 12 PRESIDENT George Bush has made a proposal that cut through the row between the European Community and the US over agricultural subsidies. He said that the US was willing to settle for a 35 per cent reduction in European agricultural export subsidies over five years, against
      254 words
    • Article
      Support Chinese Council
      132 12 THE Singapore Federation of Chinese Clan Associations and the Singapore Chinese Chamber of Commerce and Industry have decided to set up the Chinese Development Assistance Council. What practical actions can Singaporeans take to show their support for the council in realising its objectives? This is the most
      132 words
    • Article
      Mendaki for the Chinese
      118 12 AFTER Mendaki and Sinda, the Chinese Develop- ment Assistance Council will soon be formed. While each organisation is responsible to its own community, all are actually working towards the same direction to further improve the standard of education and living of Singaporeans. In this regard, it
      118 words
  • REGIONAL VIEWPOINTS
    • Article
      Unacceptable draft
      140 12 ACCORDING to the revised constitution draft, the military leaders on the National Peacekeeping Council will be free to hold Cabinet posts, including the premiership, without having to relinquish their military commands. They and their men in the bureaucracy and military could form a majority in the Cabinet and
      140 words
    • Article
      Expanding Islamic banking
      166 12 MALAYSIA prides itself as the first country in South-east Asia to have an Islamic bank the Bank Islam Malaysia (BIM) established in 1983 and based on Islamic principles which forbid the practice of dealing in riba or interest. Now, Malaysia is poised to go one step further
      166 words
    • Article
      Hold inquiry promptly
      188 12 IN the light of what happened in East Timor, we feel compelled to add a few comments of our own to what has already been stated by others. In the first place, we agree with the view expressed by leaders and human rights spokesman around the world,
      188 words
  • Article, Illustration
    Lock icon How Thailand plans to grow
    791 12  -  Continued growth with economic stability is one of the key features of Thailand's latest national economic plan, writes Peter Ungphakorn Peter Ungphakorn FT THAI planners are expecting the country's economic growth rate to decline over the next five years because of the world's slow economic
    FT; Source: IMF based on Thai data  -  791 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      88 12 DOONESBURY THE REALLY UNUSUAL THING, MR. REPFERN.WASTHATTHOSEOF USWHOACCESGEP QUAVLEfS RLE WERE CXSOPUNEV. SOME OPeRAJORSWERESUSPEHPEP, ANP THE REST WERE THREAMNEP wrm criminal charges IF WE SAIPAWIWN6. BUT DXIHm \&peaw\ THAT* NOTATALLWE'P BEEN ACCESSING CELEBRITY FUES FOR KARS. TTUA6ONE OFOURPERKS. IT HAP ALWAYS BEEN iUNKEPAT BEFORE. BY GARRY TRUDEAU YES, BUT OUMLE
      88 words
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  • ANALYSIS
    • Article
      Lock icon Current recession is not behaving like the others
      1020 13  -  What does last Friday's 120-point fall in the Dow Jones say about the recession in the US? Louis Uchitelle reports Louis Uchitelle NYT THE sudden 120-point drop in the Dow Jones industrial average on Friday ended a week in which new economic
      NYT  -  1,020 words
    • Article, Illustration
      The new India does the impossible
      1430 13  -  In an exclusive interview, Indian Minister of State for Commerce Palaniappan Chidambaram tells Harisn Mehta about the big things that are happening in the Indian economy Harish Mehta THE unmentionable is not just being talked about in New Delhi. It has actually happened under
      1,430 words
    • Article
      Lock icon Taking the good with the bad
      550 13  -  Britain is host to one of the biggest expatriate Japanese contingents anywhere in the world. Tsukasa Maekawa reports Tsukasa Maekawa Reuter A JAPANESE executive assigned to work in Britain soon finds out that it's easy to get frustrated and to feel agreeably superior to
      Reuter  -  550 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      169 13 Arthur Andersen 1992 MALAYSIAN BUDGET SEMINAR Do you know how the recent Malaysian Budget will affect you and your business? Come and find out from our Malaysian experts. They will discuss how you can take advantage of recent tax developments and the Budget proposals, including the business implications, incentives and
      169 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      264 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      264 words
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      Page 14 Advertisements Column 2
      273 14 H^VLT and present by Willy Russel on Wednesday 20th November 1991 at Crystal Ballroom. 2nd level Hyatt Regency Singapore Dinner show at SS9B nett per person Bar opens 645pm Dinner 7.15 pm Play 9.00 pm. Ticket sales at Hotel Lobby daily trom 11.00 am -7.00 pm or call the reservations
      273 words
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      Page 14 Advertisements Column 3
      222 14 }>• SUPPER I*l PROMOTION Km '^k^f Choice of Bak Kut Teh and Congee (Chicken, Pork or Fish) 10 pm 2 am Cafe Plaza Plaza Hotel Mr stwcA»o«c Hrartlftml Smjpfiorro7l9TH 29R0011 STEAMBg^ SSUNSET Experience the latest in Steamboat Dining at the Galaxy Roolside the finest Steamboat Buffet spread in town. Sizzling
      222 words
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      Page 14 Advertisements Column 4
      313 14 Local Tea Time delights at Chatterbox every Friday, Saturday and Sunday 3 pm to 5.30 pm. $14.50++ per person $8.50+ per child (below 10 yrs) Mezasnr* Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+ per child (below 10 yrs) m
      313 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      792 14 TELEVISION AND RADIO Love can be murder OUR CHOICE Love, Lies and Murder, 9.30pm, SBC 5 Linda, the happy other half of David, is brutally killed. Investigations point to Cinnamon, David's sweet fourteen year old daughter from a previous marriage. Then, strange things start happening between David and Patti, Linda's
      792 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Caan rises from the ashes
      1180 15  -  James Caan, who virtually disappeared from the screen in the late '70s and early '80s, has returned. Bernard Weinraub discovers the lost decade of "one of the four or five best actors in America" Bernard Weinraub NYT JAMES CAAN glances around the dimly lit living
      NYT  -  1,180 words
    • Article
      Lock icon A paradoxical fat to swallow
      758 15  -  Can foie gras help the heart? An early study suggests that it can. Molly O'Neill finds out more Molly O'Neill NYT HERE IN THE land of the Three Musketeers, the Gascony region of south-west France, goose and duck fat are slathered on bread instead of
      NYT  -  758 words
    • Article, Illustration
      Wanted: a hand in the big kill
      623 15 CHATTERBOX PRODUCERS of a London revival of the opera Turandot are seeking a big and they really mean big performer to play a 115 kg executioner in the lavish Puccini opera. Publicist Peter Thompson said the call had gone out to local fitness
      623 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      169 15 AND ENTERTAIN T Of 'L Ridley's goes "Kaboom!" Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Eveiy Monday to Saturday Happy Hours: 6 to 9 pm (one for one special) SINGAPORE 16 Nassim Hiii Singapore 1025 Telephone (65) 732 1222 "Taking the boss to
      169 words
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      Page 15 Advertisements Column 2
      32 15 Traditional Cantonese Cuisine H O BEST HONG KONG dian xin in Town Si O* China China Restaurant Marina Bay Golf Country Club 2 6 Marina Green Singapore oioi. For Reservations Please Call22l2Bii.
      32 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      185 16 It ■s#** > <11 vf, s b v.. „r* s!HW I■'*■■ 3M 'si** Vv «> %'■'*.•> .^M fp 3H^BMy3B r #*><■_ m *£W,aJ£s I.'. V.v v ,> J E* 'Mm i <*^i fc {'MMm.: afcr?EE*ty«Ul£ «1 |a£&|«N Zkinr« L? Vj Mi ?>.", x| V-., 'i a® -V *<" •-*--4*4 :n
      185 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      343 17 v (v i jm*irn\. vd v. 5». >■ urn Ss«iS*isoBi V^Sdtti m sr i«ii" Si I 5 V ■efi u. T V :'V P*** *->' il-ife w^W't HiSf^ S ';S~ J b Vfc>.4 t r fIEC* %M U::' St- -■> V 4 ,4 *A 4 ..>% Sis >- J- u*
      343 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      248 18 NAAOo*,. .j ■m. s# p 2 h:ft m \%W* v PHOENIX KSg:« S 1 Swr'-C <: I v .J. ST*' v,.: i ;.k ±:Jk t 'fitSl U v.- r DELHI Ht*****52 *****37 *****49 LONDON Mjg* (0780) ***** Fax: (0780)8540# mm MOSCOW SINGAPORE *****81 *****26 *****96 ***** BOMBAY *****6 *****99 *****85
      248 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sampras conquers Courier
      274 19 ATP Tour World Championships AFP FRANKFURT Pete Sampras carried off the 1991 ATP Tour World Championships in a blistering show here on Sunday night, beating fellow American Jim Courier for the fourth time this year. At the age of only 20, Sampras walked off with U*****,000 (S$
      AFP  -  274 words
    • Article
      Lock icon Good news for US Davis Cup team
      418 19 AP FRANKFURT Pete Sampras is on a roll, so hot that he feels invincible. That is good news for the United States Davis Cup team. Sampras recovered from losing the first set to beat Jim Courier 3-6, 7-6, 6-3, 6-4 and win the
      AP  -  418 words
    • SIDE LINES
      • Article
        Martin, Dittmar do Australia proud
        110 19 HELSINKI Brett Martin gave Australia the lead, defeating England's Chris Walker 9-1, 9-6, 9-2 and Chris Dittmar secured the championship title as Australia defended its squash rackets gold medal on Sunday. Dittmar beat English No 1 Del Harris 9-2, 9-2, 9-4. The team's number two,
        110 words
      • Article
        'Hurricane' Higgins under fire
        88 19 PRESTON, England Alex 'Hurrican' Higgins should be banned from snooker for life, said lan Doyle, manager of Stephen Hendry, on Sunday. Doyle, a board member of the World Professional Billiards and Snooker Association, was enraged by Higgins' conduct during and after his 9-4 defeat by Hendry
        88 words
      • Article
        That old magic again
        78 19 PARIS Two European stars rediscovered their touch on Sunday with Dutch ace Ruud Gullit scoring twice in five minutes for AC Milan and Denmark's Michael Laudrup inspiring Barcelona to a 4-0 away win. Gullit's second-half efforts kept AC Milan a point clear at the top of
        78 words
      • Article
        Damiani withdraws from bout
        101 19 ATLANTA Francesco Damiani has withdrawn from his Saturday title fight against heavyweight champion Evander Holyfield because of an ankle injury. Holyfield, instead, will fight Bert Cooper of Salem, Virginia, said promoter Mike Boorman. That fight will be on Saturday. Holyfield was originally scheduled to defend his
        101 words
    • Article
      Lock icon US team upset at Robinson's loss
      195 19 AP SYDNEY The number of US boxers at the World Amateur Championships decreased rapidly yesterday while American outrage grew. Ivan Robinson of Philadelphia was eliminated from the 57-kg class when he lost a 49-47 decision to Park DukKyu of South Korea in a bout
      AP  -  195 words
    • Article
      Lock icon Seles defeats Capriati for ninth title of year
      344 19 Reuter PHILADELPHIA Monica Seles claimed her ninth title of a dream year on Sunday by winning a 7-5 6-1 slugfest against 15-year-old American Jennifer Capriati at the U*****,000 Virginia Slims of Philadelphia tournament. The last time Seles stepped on court with the
      Reuter  -  344 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      154 19 Space For Lease To Hi-Tech Industries. NEW-TECH-PARK 100,000 square feet of space within a total manufacturing environment will be available in April 1992 at New Tech Park Singapore's foremost accommodation for hi-tech industries. Join multi-national corporations like Conner Peripherals, Northern Telecom, Siemens, Telerate and Integrated Display Technology at New Tech
      154 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lock icon Asians more open to biotech
      445 20  -  Claire Leow focuses on biotechnology research and business Claire Leow ASIANS, driven by a desire for economic and scientific progress, are more receptive towards biotechnology. On the other hand, economically advanced Europeans tend to show scepticism towards genetic engineering as they view it as tinkering
      Photo by Christopher Loh  -  445 words
    • Article, Illustration
      Belgian firm seeks Asian partners
      713 20 These days, with new technology rearing its head at an almost frightening rate, it's easy to throw up one's hands in despair. The T-word usually conjures up images of robots and computers. Everyone would have heard of test-tube babies. But few people would have heard
      713 words
    • Article
      TECH TAKES
      298 20 THE German-based Schott Croup has developed fibre-optic laser beam systems which allow the safe and flexible transmission of laser light between the laser and the required location. They consist of a fused silica fibre, a lens for connecting the light to the required location, and an output lens
      298 words
    • Article
      A new approach to artificial intelligence
      520 20  -  By Joseph Rajendran AN American research institute is developing computer software that approaches the area of artificial intelligence (AI) differently. AI enables computers to emulate human reasoning. The work is being pioneered by the Institute for the Learning Sciences (ILS) of the US, said
      520 words
    • Article
      Lock icon It pays to be fuzzy
      671 20 Reuter FROM washing machines and rice cookers, Japan's "fuzzy" engineers are moving into a new realm of talking robots and automated cars. They are trying to give birth to a new generation of fuzzy systems that save time and money, and to machines that operate
      Reuter  -  671 words
    • Article
      NCR launches more powerful ATM systems
      242 20 NCR Corporation, a leading supplier of automated teller machines (ATMs), last week released new models that are three times more reliable than those on the market. NCR estimates that an ATM handles an average of 350 transactions daily. Its NCR Fourth Generation Self-Service Systems
      242 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      63 20 THE NEXT GENERATION NOVEMBER 27,1W1 tf,, nym nom, wngaporß TIME: 1.30P1K1 5-OOPM Overseas Speakers To Talfc On: e LAN/WAN Integration e FDDI Structured Networking e Enterprise Networking with BANYAN VINES Products Represented BANYAN VINES. CISCO. BICC ISOLAN Please Call Us at 2SO-5166 For A Copy Of The Registration Form, or
      63 words
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      Page 20 Advertisements Column 2
      38 20 OLD T* A 4 storey warehouse cum office/showroom. the perfect choice for a warehouse and distribution centre, conveniently located at Tagore Industrial Centre, close to Ang Mo Klo New Town. DEBENHAM TEWSON INTERNATIONAL KOWA ENGINEERING (SI PTE LTD
      38 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Widespread selling wipes out market's recent gains
      863 21  -  By Schutz Lee PANIC SELLING by nervous retail investors reacting to Wall Street's 120.31point plunge on Friday and Tokyo's losses yesterday wiped out the local stock market's recent gains. The benchmark Straits Times Industrial Index yesterday tumbled 44.36 points, or 3.03 per cent,
      863 words
    • Article, Illustration
      HOT STOCK
      60 21  -  Anthony Pang Comment PROMET fell 4.5 cents to 51.5 cents yesterday. However, with five-day stochastics still heading south, continued heavy selling could take it further down to a very strong support level of about 43 cents, from where it started its recent move upwards. Look for buying opportunities
      60 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    187 22 rprU|\ All shares quoted have a par value of $1 and traded in lots of 1.000 shares P/E ratio Reflect last annual consolidated results Foreign shares P/Es are adiusted for LLUtnU each unless otherwise specified currency differences ABN shares quoted in dollars Gr Y Id
    187 words
  • Page 22 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    136 23 Fnhite <—»U> ex-ihridewd far Na* IS <® yastartfay*s prte* dMlig days Friday aad Saturdays o«*y Mkattn prica; foaling pricas wW ka WlvniNlvM II uIC vwO Cn MOI My tmstaa fimd aadar CPf lamlwiat Scfeana I PPPNn M < > uoled to* aP» vatue 0' J!
    136 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      2 24
      2 words
    • Article
      PROPOSED ISSUES
      2 24
      2 words
    • Article
      PRELIMINARY RESULTS
      2 24
      2 words
    • Article
      INTERIM RESULTS
      119 24 Figures in brackets are for the previous corresponding period I Loss. TE: Tai E«empted. NT*: Not Yet Available (a): Adjusted tor scrip issues, (b): In million Dutch Florins (c): Profit after lax (d): In million HK$. Company's profit. In million yen (j): Profit after tai minority interests, (h):
      119 words
    • Article
      CORPORATE DEVELOPMENTS
      82 24 Nov IS Btrjaya Group had announced that a notice of takeover offer has been received from Pertama Merchant Bank on Jutamex's intention to make a mandatory general offer for all the issued and paid-up shares of Berjaya at M 51.38 (SSO 88) a share (other than the 183.31
      82 words
    • Article
      DIVIDENDS ANNOUNCED
      122 24 A* shares quoted have a par value of SI unless otherwise specified. NYA Not Yet Available int —Interest: I Interim TE Ta« Eiempl S Special dividend (a) Adjusted for scrip issue (b) First and Final, (c) Includes 41 special >«Jend (d) Includes 61 special divxfenJ (e) Income Distributor
      122 words
    • Article
      APPROVED ISSUES
      2 24
      2 words
  • CHARTING SERVICE
    • Article, Illustration
      Lock icon Trading with the help of indicators
      434 24 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      Charts by POST  -  434 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks drop sharply on nervous selling
      695 25 Bernama SHARE prices here fell sharply across the board yesterday as sellers dumped their shares in reaction to Wall Street's 120-point plunge on Friday and heavy losses on the Tokyo market. The KLSE Composite Index plunged 17.06 points, or 3.1 per cent, to 528.68.
      Bernama  -  695 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Political jitters spark off panic selling
      136 26 Reuter STOCKS ended sharply lower yesterday in a seesaw session as investors reacted to Friday's Wall Street plunge and growing protests against a pro-mili-tary draft constitution. The Stock Exchange of Thailand Index fell 17.99 points, or 2.7 per cent, to 653.46 after it opened
      Reuter  -  136 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks dip on weak foreign demand
      84 26 Reuter JAKARTA stocks closed lower yesterday as foreign demand continued to weaken in the afternoon session, brokers said. The official index fell 5.24 points to 243.64. Turnover was 6.62 million shares, compared with Friday's 7.16 million shares. Sucaco fell another 100 rupiah after sliding
      Reuter  -  84 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      11 26 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS NOW AT NEWSSTANDS
      11 words
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      Page 26 Advertisements Column 2
      69 26 TIME-BASED CHARGING STARTS DECEMBER 1 by The Straits Times H The Sunday Times B Business Times I The New Paper Berita Harian Berita Minggu I Lianhe Zaobao Lianhe Wanbao H Shin Min Daily News Friday Weekly Call our sales teams now to place your bookings: Yoke Lin on 740-1627, Wendy
      69 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks plummet, Nikkei down 699 pts
      756 27 Reuter STOCKS posted heavy losses to close sharply lower yesterday. Index-linked selling battered prices as arbitrageurs unwound positions in reaction to Friday's heavy declines on Wall Street, brokers said. Worries over the domestic economic recovery also fuelled market pessimism, they said. "The market got
      Reuter  -  756 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Bargain hunting trims early declines
      231 27 Reuter SHARE prices closed sharply lower yesterday on Wall Street's plunge, but bargain hunting eroded heavy early declines. The Hang Seng Index dropped 73.13 points, or 1.7 per cent, to close at 4,198.21. Volume totalled HKS2.SI billion against $2.04 billion on Friday. "The market was
      Reuter  -  231 words
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  • REGIONAL STOCK MARKETS
    • Sharp losses partially pared in markets
      • Article
        AUSTRALIA
        236 28 THE Australian sharemarket closed sharply weaker yesterday, but off its early lows as investors refrained from large-scale selling in response to the 120point plunge on Wall Street on Friday. "There is a general perception among investors that the fall at Wall Street does not necessarily mark the end of
        236 words
      • Article
        NEW ZEALAND
        166 28 NEW ZEALAND shares held their own yesterday after falling sharply at the opening in reaction to Friday's 3.9 per cent plunge on Wall Street. The NZSE-40 fell 41.62 points to close 2.73 per cent lower at 1,484.86, narrowly above the day's low. Brokers said share prices touched bottom
        166 words
      • Article
        MANILA
        178 28 PHILIPPINE shares closed sharply lower yesterday following Friday's plunge on Wall Street, but brokers said they were not alarmed by the 2.9 per cent decline in Manila's Composite Index. "Everyone's looking to the Dow Jones for direction. I believe it has already covered most, if not all, its potential
        178 words
      • Article
        TAIPEI
        188 28 TAIWAN shares finished mostly lower yesterday in thin trade in reaction to the plunge in Tokyo, despite the Taiwan central bank's 0.375 point reduction of its rediscount rate. The Weighted Index finished at 4,420.69, 21.77 points lower than Saturday's 4,442.46 close. It had dropped below 4,400 earlier. Turnover was
        188 words
      • Article
        SEOUL
        121 28 SEOUL shares slid for the seventh straight day on news that Hyundai chairman had refused to pay a massive tax penalty, sending jitters through the bourse yesterday. The Composite Index lost 1.9 points to close at 663.75. "Seoul shares declined across the board and adverse news about Hyundai emerged
        121 words
      • Article
        Untitled
        94 28 INDICES TURNOVER Close No* 18 Previous AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.646.5 2.576.5 937.4 128.37 1.676.9 2.628.1 952.0 135 •304 -51.4 -14.6 -13.6 NEW ZEALAND NZSE-40 Capital 1.484.86 1,526.48 -41.62 MANILA Composite Index Turnover (million) 1,099.65 1.440 1,132.27 2,890 -32.62 600 TAIPEI Weighted
        94 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes lower in Asia after fluctuating narrowly
      1202 29 REPORTS ASIA Tokyo: The US dollar closed lower in Tokyo from Friday's New York levels after fluctuating narrowly, sandwiched between local importer buying and investor sales. It opened lower on selling in Sydney after falling sharply in New York on Friday. "Mid-term
      1,202 words
    • Article
      INTERBANK FOREX RATES
      10 29 Source: UOB Source: Astley Pearce Source: OCBC
      10 words
    • Article
      MONEY MARKET
      39 29 Rates quoted by Astley Pearce Rates quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore Central bank discount rates Average of 12 banks Float Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      Lock icon Taiwan slashes discount rate, deposit-reserve ratio
      381 29 AFP TAIPEI Taiwan's Central Bank of China (CBC) yesterday slashed its discount rate and deposit-reserve ratios in a bid to drive down bank rates and the value of the local currency. The credit-relaxing measures the fourth discount rate cuts in four months and third
      AFP  -  381 words
    • Article
      Lock icon Taiwan's first bond auction snapped up
      364 29 Agencies. TAIPEI Taiwan's first auction of government bonds was a success as cash-rich financial institutions bid aggressively to snap up NT524.5 billion (551.57 billion) worth of five-year bonds, officials said. "This is a very good start to our efforts to activate our bond market,"
      Agencies.  -  364 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
      Lock icon Coffee producers fail to agree on supply
      275 30 Reuter SAN JOSE Latin American coffee producers have failed to agree on specific proposals to regulate world coffee supply after a two-day meeting to map a strategy ahead of next month's International Coffee Organisation (ICO) meeting in London. Costa Rican vice-president Arnoldo Lopez
      Reuter  -  275 words
    • Article
      Lock icon Price of tea crashes at major auction centres
      284 30 AFP CALCUTTA The price of tea in all the world's auction centres, bar one in Mombasa, crashed this year compared with last year's prices, tea industry sources said here. The Jakarta auction recorded the biggest fall of 26.2 per cent from last
      AFP  -  284 words
    • Article
      Lock icon Cocoa producers agree to repay debts
      182 30 AP LONDON Member governments of the International Cocoa Organisation have agreed on a formula for producing countries to pay off some of their debts to the organisation. Payment of part of the debt was a condition set by consuming countries for their willingness to
      AP  -  182 words
    • Article
      Price of KL tin returns to nine-month low
      832 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market returned to its nine-month low of M$ 14.65 a kg on higher offerings yesterday. The last time the market saw the price of the metal breaching a nine-month low was last
      832 words
  • Article
    PRICES
    5 30 Source: UOB Source: Telerate
    5 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1287 30 BUSINESS TIMES NOTICES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 'NATSTEEL LTD (Incorporated In the Republic o» Singapore) LOST STOCK CERTIFICATE The following stock certificate hat been reported lost or destroyed:- STOCK UNITS CERTIFICATE NO. IN THE NAME OF QFSGOI.OO EACH *****5 TAN CHOON PING 750 NOTICE IS HEREBY GIVEN that if within
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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
    295 31 AIRLINE COOES: AC: Air Canada. Al: Air India. AY: Finnair Oy. AZ. Alitalia. BA: BrrtrsM Airways Public Ltd Co. BG: Biman Bangladesh Aiilines. Bl Royal Brunei Amines Ltd. CA: Air China. CI: Chna Amines Ltd. CV: CargWux Amines International SA. Cx Cathay Pacific Airways Ltd. FM
    295 words
  • THE TRAVEL PAGE
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      271 31 CRYPTIC CROSSWORD ACROSS 1 Seductive dancer Sal has nothing for me (6) 4 Scanning the books for money owing on the horses (8) 9 Scorned, but caught (6) 10 Things people write (8) 12 Where various barmen work (4) 13 With revision tries to take the examination again (5) 14
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    • Miscellaneous
      Page 31 Miscellaneous Column 2
      154 31 WEATHER Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 31.3 Assoc humidity 62% Minimum temperature 23.5 Assoc humidity 97% Hours of sunshine 5.00 Rainfall in mm Trace Rainfall this month 54.4 Rainy days this month 8 World report Asia-Pacific Hi/Ix>* Cond. Auckland. 19/12 Goudy Bangkok
      154 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      16 31 on Stew: Tmnic licias (wumoSwO r <r i \SC*iMl£' 55f02 A r ASSOCIATED NEWSPAPERS LTD IM2-IMI
      16 words
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  • Article, Illustration
    KL plans high-tech industrial site in north of country
    375 32 Bid to woo more foreign investment on E Coast KUALA LUMPUR Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad has announced the setting up of a new hightechnology industrial site in the north of the country and says the government will
    375 words
  • Article
    Lock icon Thai army chief says he'll not be PM
    282 32 Reuter BANGKOK Thailand's army chief yesterday tried to allay fears that the military was plotting to hold on to power, saying that the junta would not be involved in setting up the next government. "I and all members of the National Peace
    Reuter  -  282 words
  • Article
    President Wee begins state visit to Malaysia today
    411 32  -  From William Chia in KUALA LUMPUR PRESIDENT Wee Kim Wee is to begin a state visit to Malaysia today, the first by a Singapore head of state since the Republic gained independence from Malavsia in 1965. The four-day visit, at the invitation
    411 words
  • Article
    Lock icon Indian PM Rao emerges stronger from polls
    350 32 Agencies NEW DELHI Indian Prime Minister P V Narasimha Rao had cause to cheer yesterday from the outcome of by-elections seen as a test of confidence in his style of government and politics of consensus. The results of Saturday's voting cannot change the
    Agencies  -  350 words
  • Article, Illustration
    The lessons from East Timor
    722 32  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is a Jakarta-based journalist who writes regularly for BT LAST WEEK in Indonesia there were two major outbreaks of public protest. One, in the island province of East Timor, led to a major tragedy and a
    722 words
  • Article
    Foreign press must work with detachment, integrity: BG Yeo
    468 32  -  By Salil Tripathi SINGAPORE The foreign press does not have to be an apologist for Singapore, but it must function with detachment and integrity, says the Minister for Information and the Arts, Brigadier-General (Res) George Yeo. He told a luncheon meeting
    468 words
  • Article
    Lock icon US and Vietnam to hold normalisation talks this week
    261 32 AFP HANOI Vietnam and the US will hold talks in the next few days in New York on normalising relations, 16 years after the end of the Vietnam War, Vietnamese Foreign Minister Nguyen Manh Cam said yesterday. During talks with Australia's
    AFP  -  261 words
  • Page 32 Advertisements
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  • Shipping Times
    • Article, Illustration
      More S'pore-Vietnam flights from today
      387 33  -  By Selva Kumar SINGAPORE More flights are available between Singapore and Vietnam when Vietnam Airlines and Bulgaria's Jes Air start a joint twiceweekly service from today. This follows the issue of an air transport permit to Jes Air by local authorities to operate non-scheduled flights
      387 words
    • Article, Illustration
      Lock icon Jakarta considers plan to limit use of personal cars
      172 33 AFP JAKARTA Jakarta Governor Wiyogo Atmodarminto has said that municipal authorities were considering a limit on the use of personal cars to five days a week in order to alleviate the city's traffic. The Angkatan Bersenjata daily on Monday quoted Mr
      AFP  -  172 words
    • Article
      Lock icon Daewoo launches new mini vans, trucks
      175 33 AFP SEOUL South Korea's Daewoo Corp yesterday began marketing new model passenger vans, mini cargo vans and mini trucks, company officials said. The debut of a seven-pas-senger mini van, a two-seat van with cargo space and a mini pick-up truck follows the company's successful
      AFP  -  175 words
    • Article
      INDEX TO ADVERTISERS
      3 33
      3 words
    • Article, Illustration
      Delta plans services to S'pore and Malaysia
      398 33  -  By Rahita Elias SINGAPORE US carrier Delta Air Lines, a shareholder of Singapore Airlines, plans to fly to the Republic and Malaysia as it spreads its wings to more destinations in South-east Asia. An industry source told BT that the airline, one of
      398 words
    • NEWS SUMMARY
      • Article
        The FMC-COSCO dispute
        38 33 THE US Federal Maritime Commission will have to make a decision soon on whether China Ocean Shipping Company should be made to pay for alleged discrimination against US-flag carriers in the China trade Page 2
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      • Article
        McDonnell move worries Congress
        55 33 NEGOTIATIONS by America's second-largest aircraft maker. McDonnell Douglas Corp. about selling a big stake in its civilian aircraft operations to a consortium of Asian companies are threatening to accomplish what Congress spent the late 1980s trying to prevent: teaching Asia's strongest industrial powers how to build
        55 words
      • Article
        Hawker bids for small shareholders' support
        31 33 "HELLO. My name is Alan Watkins, chief executive of Hawker Siddeley." Thus begins a recorded telephone message advertised in last Friday's British newspapers Back Page
        31 words
      • Article
        Aussie firm backs Hutchison unit in bid
        33 33 HONGKONG-BASED Hutchison Whampoa subsidiary Kalori Communications was joined last Sunday by local electronics group AWA Ltd in its bid for Australia's second telecommunications licence. Back Page
        33 words
    • LOG BOOK
      • Article
        Score points for using TNT Skypak services
        111 34 SINGAPORE Air express company TNT Skypak has launched a special gifts package called the Parcel Point Programme, awarding bonus points to customers using its international parcel and heavy weight document delivery service. The accumulated points can be redeemed for a range of gifts
        111 words
      • Article
        JAL to set up office in Vietnam
        88 34 TOKYO Japan Airlines (JAL) will open an office in Hanoi next month to prepare for regular air services between Tokyo and Vietnam, a JAL spokesman said. JAL hopes to launch flights twice a week from Tokyo to Ho Chi Minh City via Bangkok
        88 words
      • Article
        Jet crashes; pilot walks away
        108 34 AUCKLAND, New Zealand A 1950's jet fighter crashed on takeoff at an air show here on Sunday but the pilot walked away with only minor injuries. The twin boom British De Havilland Venom was part of a display staged by the New Zealand War Birds
        108 words
      • Article
        Moscow-Teheran rail reopens
        70 34 TEHERAN Iran has announced that the Moscow-Teheran railway line, interrupted two months ago by fighting between Armenians and Azerbaijanis, will reopen on Thursday. The line, which crosses the Soviet republics of Nakhichevan, Armenia and Azerbaijan, was closed on Sep 14 after residents of Nakhichevan stopped one train
        70 words
      • Article
        Cuba cuts internal flights
        154 34 HAVANA Cuba's state airline said on Saturday it would reduce its internal flights from Dec 1 because of fuel shortages on the communist-ruled island. The reductions by the airline Cubana de Aviacion, which were not immediately detailed, were the latest transport cuts introduced by the authorities
        154 words
    • Article, Illustration
      Lock icon The FMC-COSCO dispute
      1423 34 The US Federal Maritime Commission will soon have to decide whether China Ocean Shipping Company should be made to pay for alleged discrimination against US-flag carriers in the China trade American Shipper CHINA Ocean Shipping Company says it's not responsible for Chinese shipping policy. But if the
      American Shipper  -  1,423 words
    • Article
      DAILY FREIGHTS
      746 34 THE further softening of freight rates on key routes in the Atlantic spilled over into the Pacific, dry cargo brokers said on Friday. There was a lack of general enquiry but the Soviets were reported to be taking some vessels. Market talk said a panamax taken by Soviet
      746 words
    • Article
      THE SHIPPING GUIDE
      9079 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
      9,079 words
    • Article
      SHIPPING AGENTS
      3306 47 Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service; Kim Shpg A Trdg (S). Albums Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C Toepfer
      3,306 words
    • Article
      COURIER SERVICES
      263 47 Abacus Couriers Td: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corpora tioa Tel: 542-8844. Fax: *****16, *****80. Airawift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link Intermtioml Td: 344-3377. Fax: *****50. Ouster Link Supplies A
      263 words
    • Article
      AIR FORWARDERS
      1522 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-8033TFax: *****05. \erosDeed Td: 542-5911. Fax. *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
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    • Article
      PORT CONDITIONS
      3009 48 ARGENTINA Labour working normally this week. Buenos Aires: No congestion; general cargo berths occupied most of the time but no waiting. Pilots are now permitting vessels to sail with drafts of approximate 30ft provided there is a good tide. San loreiuo: Five vessels in port of which 2
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    • Article
      AIR FREIGHT SCHEDULE
      139 48 Only on of the flights will operate at any one time. ABBREVIATIONS Airline operators. AZA: Alitalia, CALrChina Airlines, CLX: Cargolux Airlines, DLH: Lufthansa, JAL: Japan Airlines, KAL: Korean Airlines, NCA: Nippon Cargo Airlines. NWA: Northwest Airlines, RJA: Royal Jordanian Airlines, SIA: Singapore Airlines. Place names. AKL: Auckland;
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    • Article
      SHIP SALES & TANKER RATES
      1040 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Amoliani: 72,073 dwt and built Sept 1975 Ishikawajima, on ofTer for US$ll,OOO,OOO. Sealalcoa: 66,289 dwt and built 1974 Hakodate, on offer in region of U559,500,000. Owners are definite sellers. Agios Minos: 63,018 dwt and built Nov 1975 B-t-W, on offer in
      1,040 words
    • Article
      CRUISE & FERRY SCHEDULES
      3 48 CRUISE FERRY SCHEDULES
      3 words
    • SHIPS IN PORT
    • Article
      Lock icon McDonnell move to take Asian partners worries Congress
      445 50 NYT TOKYO Negotiations by America's second-largest aircraft maker, McDonnell Douglas Corp, about selling a big stake in its civilian aircraft operations to a consortium of Asian companies are threatening to accomplish what Congress spent the late 1980s trying to prevent: teaching Asia's
      NYT  -  445 words
    • Article
      Lock icon Aussie firm backs Hutchison unit in telecoms bid
      272 50 AFP SYDNEY Hongkongbased Hutchison Whampoa subsidiary Kalori Communications was joined last Sunday by local electronics group AWA Ltd in its bid for Australia's second telecommunications licence. Kalori is vying with Optus Communications to purchase satellite carrier Aussat and form a competitor to
      AFP  -  272 words
    • Article, Illustration
      Lock icon Hawker bids for small shareholders' support
      320 50 Reuter LONDON "Hello. My name is Alan Watkins. chief executive of Hawker Siddeley." Thus begins a recorded telephone message advertised in last Friday's newspapers in which UK engineering group Hawker Siddeley Group pic attempts to convince its mainly smaller shareholders that they should not
      Reuter  -  320 words
    • Article
      Lock icon Venezuelan Congress votes to sell state phone company
      250 50 Reuter CARACAS, Venezuela Venezuela's Congress has cleared the way for the sale of state telephone company CANTV by voting to approve a bill spelling out terms and conditions under which the privatised firm will operate. In a stormy joint session of Congress
      Reuter  -  250 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      27 33 Lines and services reprmatid Monihors of the Registry of Accredited (*O/jx\ hipping; Agents, Singapore National Ship- IsmN/J ping Association. lor advertising enquiries, contact Shinptne limes lei 740-2059/740-2090.
      27 words
    • Advertisement
      Page 33 Advertisements Column 2
      154 33 Nedlloyd EUROPE SERVICE commencing January 1992 CALL: 221 8989 r V-• 'i *> v.-f Air >.., v <■ iT. feif-iS Nedloyd Lines Assume Scan Dutch was a Plus for you Your cargo needs firstclass shipment to and from Europe all the way. So you mustn't worry about losing this PLUS,
      154 words
    • Advertisement
      Page 33 Advertisements Column 3
      55 33 CONTENTS Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courer Services 15 Cruise I Ferry Schedules 16 Daily Freights 2 lnde« to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsaies Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Diary 3 Weather
      55 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      83 34 FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      83 words
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  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1162 35 Dedicated to Quality Service OOCL (S) PTE LTD JARDME SHIPPING AGENCIES TEL *****11 FAX *****09 BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL *****18-220 PESAKA JARCMNE SHIPPING AGENCIES SON. BHD PORT KFLANG TEL *****18 FAX: *****91 *****88 PENANG TEL *****4 FAX: *****1 CFS TEL *****6 IPOH TEL *****3/4 FAX *****6 PGUOANG TEL
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      Page 35 Advertisements Column 2
      1387 35 TRANSPORT DIARY No* 21: A I-day seminar on the topics of Demurrage. Ship Financing, (jeneral Average and Tanker Chartering organised by the Baltic International Maritime Council (BIMCO) at the Singapore Port Institute. For further information and registration, please contact SNSA at lei: 278-3464. Nov 21-22: Seminar on International Trade Finance,
      1,387 words
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      Page 35 Advertisements Column 3
      892 35 MAERSK LINE TWO SAILINGS TO EUROPE REGINA MAERSK V.9114 ETA SIN 20/11/91 ORIENTAL RAY V.0570 ETA SIN 23/11/91 Voy ETA ETO Feeder by Thta week Marie Maersk 9202 CV 26/11 OSOO HRS CFS 25/11 2359 HRS DESTINATIONS Port Kelang Penang OAK LQ6 HOU MEM ATL CHS BAL PHI NYC MON
      892 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      488 36 jfF Hapag-Lloyd containefTservice to uk/continent CONTAINER SERVICE FROM UK/CONTINENT ACCEPTANCE OF CARGO TO BREMERHAVEN VIA HAMBURG Agents: Singapore HAPAG-LLOYD (SINGAPORE) PTE LTD Singapore *****00 CFS *****48 (C/R No: **********00) Malaysia Sagani Agencies Sdn Bhd. K. Lumpur *****2 SeP. Keieng *****18 e CFS *****50 e Peneng *****7/*****2 e JB 07-*****0, *****9.
      488 words
    • Advertisement
      Page 36 Advertisements Column 2
      441 36 CSAV Compann Sud Americana Compama Sud Americana de Vaporet SA Chilean Line Ett 1872 SEASPAC SERVICE OHECT SOUTH PACWC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 12/12 15/12 21/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTONA. PAGO PAGO. APIA t NUKUALOAFA MRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF
      441 words
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      Page 36 Advertisements Column 3
      855 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND F6R EUROPE VSL/VOr SM M.G lAPAR SEA 137W 24/11 15/12 CMNA SEA 138* 01/12 22/12 NORASIA SINGA 9139-3 08/12 29/12 NORASIA ALMUNTAZAH 9140-3 15/12 05/01 NORASIA SAMANTHA 9141-3 22/12 13/01 SL^LfC-STJ? 16 CWGO T0 ALL U KSTWATIOHS, SCANDINAVIAN (ANNUS. INLANO PORTS. VALENCIA VIA ALGERCRAS
      855 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1060 37 Steamers Maritime Holdings Ltd P&O Containers a STRAITS SHIPPING CMA UAIAIMIA DTVMI, till NVflHflll, CONTAINER SERVICE TO UK CONTINENT SERVICE TO SABAH. SARAWAK BRUNEI REGINA HAIRS* 9114 OKKNTU BAT 0570 KISf MAfRSX 9114 T«BLF MY 0570 IMOOC MAERSK 1114 NEWPORT BAY 0500 Nlf H'Koni #P« 15/11 11/11 17/11 20/u i;/u
      1,060 words
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      Page 37 Advertisements Column 2
      61 37 I.SEACROSS REGULAR CONVENTIONAL SERVICE SINGAPORE TO PERSIAN GULF LQXtlog SIN DESTINATION MV GREAT STAR" VOV 3W 20-25 OEC DUBAI S'pare: Seacross Shipping ft Chartering Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: Galaxy Shipping Agency Tel: (09) *****5/6 A.O.H. Tel: (09) *****3 Telex: ***** GALAXY EM Fax: (09) *****4 Uu
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    • Advertisement
      Page 37 Advertisements Column 3
      671 37 CHO YANG LINE WEEKLY ROUND THE WORLD CONTAINER SERVICES TO: U.S.A./PANAMA FM: U.S.A./PANAMA TO: EUROPE FM: EUROPE TO: COLOMBO/INDIA/EAST MEDITERRANEAN (EMA SERVICE) TO NORTH ASIA FM NORTH ASIA STRAITS TRANSPORTATION PTE LTD (CHOYANG DIVISION) #««/MMMK(MMNRMIUNM PORT KBLAMG :BTL TWj M4MM MS CECIL STREET, MMDMM Ml PBNANG itfLlfcillWlW tel.- m srtt
      671 words
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      Page 37 Advertisements Column 4
      358 37 /fcHaiSun Hup Co (rte) I t fc. KASTKRN CAR I.INKK I. I'D •X STRAITS/ JAPAN/ STRAITS SERVICE LOADINC FOR SEMBOKU/ MACOYA COSMIC TRADER V2l ETA SPORE IN PT ETA PK 21/11 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DSN CT GLOBAL UHORS *100 SW Sd SM
      358 words
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      Page 38 Advertisements Column 1
      387 38 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE va/wr SRINUATA/33N8 KUTN/24N8 ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«cl to Inducement Also accepting cargo to Casablanca. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK PORTS, HULL, LE HAVRE. OSLO. COPENHAGEN. AARHUS. GOTHENBURG AND HELSINKI TO AUSTRALIA MEMBER OF ANRO STRAITS/AUSTRALIA EAST COAST
      387 words
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      Page 38 Advertisements Column 2
      863 38 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST FOR VSL HANJIN HAMBURG OOK HANJM FELttSTONE 010 C HANJIN IE HAVRE 01SC HANJM ELIZABETH 002E TO EAST COAST (ALL WATER SERVICE Also accepting Reefer. Opentop FUtrach etc to S*> Ffincuco via Oakland A* USA NB f /S AT KEE Inland points. USEC
      863 words
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      Page 38 Advertisements Column 3
      1119 38 vy-"y EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 91 >*«tw«ioi»*muuo«»i wrc lm» m n iw k pi a m m 1/1 s/i (/i 15/1 ii/i i;/i u/i a/i a/i t/i u/t u/2 1/1 11/1 12/1 21/1 22/1 21/1 M/l a/1 5/2 IV2 11/2 a/2 71/I> M/u K/I, »/ii i* /l 17/1 11/1
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      901 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TR: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE TERMINAL OFFICE CFS: MB2 IMPORT :*****19 :*****19 *****22 *****369/*****60 NEPTUNEUNK TEL USA SERVICE FAR EAST SERVICE DOCUMENTATION DEPT CFS: MB2 EXPORT *****00 *****16 27 ***** *****44/*****14 *****63/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-<O3)
      901 words
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      Page 39 Advertisements Column 2
      379 39 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 11 1 V 1 FULL CONTAINERSHIP SERVICES fob raw omt rntmert m rotonmm Ma* Ltahaa laion
      379 words
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      Page 40 Advertisements Column 1
      952 40 m K LINE KAWASAKI KISEN KAISHA, LTD AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHO TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76. *****77. *****08 0
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      Page 40 Advertisements Column 2
      994 40 9 PHIU-OMCNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Tatox: RS ***** PHJU FAX: *****76/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION M.KAST INDIA MKDITKKKANKAN CONVENTIONAL FCL LCL SKK\ ICE 23 NOV DUBAI.
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      Page 41 Advertisements Column 1
      833 41 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #0340, Singapore 0106. REGIONAL CONTAINER SERVICES VESSEL KOTA BINTANQ PEGASUS PROGRESS JCNLINK KOTA SURIA KOTA PAHLAWAN KOTA BINTANG PEGASUS PROGRESS JENLINK KOTA SURIA KOTA PAHLAWAN I TAIWAN VESSEL KOTA MAWAR KOTA BABA6 VOY SIN 9131 as/11 KSB 101 via KAO
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      Page 41 Advertisements Column 2
      667 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IV% Fax: *****63 Singapore 0208. Telex: RS ***** CLOSING TIME:- FCL: 25/11/91 1800 HRS LCL: 25/11/91 0400 HRS CLOSING TIME:- FCL: 21/11/91 1100 HRS LCL: 20/11/91 2100 HRS EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Agents: Singapore Pt Kelang Ben Line
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      Page 41 Advertisements Column 3
      382 41 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Myanmar National Una) Loading for Yangon (Rangoon) HPAAN VI69W pwya vusw PACAN VI7CW MM AM VI7OW "P S'pore 23/25 Nov 30/2 OK 10/2 Ow 7/$ Ok P.KIg Pen P.Gdf (A Mfvic* ol Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
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      508 43 1 WEEKLY! TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) L» HAVRE! 1) rPAMQ) B-HAMPTO«<») WUROW V9U*O FEEDER VESSEL Saraja/W. Bhuoi 10/11 Saraia/W. Bhum 19/11 B Samja/W Bhum 19/11 Swou/W Bhum 24/11 Sara,a/W Bhum 24/11 B Saraja/W Bhum 29/U Saraja/W Bhun 29/U Saraja/W. Bhum 1/12 (1) (I) kmOmtom. Mh»h»im. Laa*. Limpaal. laata, OCEAN VESSEL
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      Page 43 Advertisements Column 2
      511 43 NEDLLOYD MEDITERRANEAN Nedlloyd Lines SERVICE OFFERS YOU 17 DAYS TO LEGHORN WecMloyd NEW ZEAUUID/FUI VESSEL N Rotterdam/9128S N Rouen/9129S N Rochester/9130S At 23/11 2/12 14/12 Pig 25/11 5/12 16/12 25/11 4/12 15/12 fkk SM 25/11 27/11 4/12 6/12 15/12 18/12 Accepting P Chalmers via Timaru Cargo To Be Feedered to
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      514 44 TO AUSTRALIA/NEW ZEALAND TO USA/CANADA Also accepting cargo CotUSA Houston, Si v inn ah Nor to*. Biltknoro. Now York CANADA Montreal, Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN (,I \l R\l \(,I \I:-;< i; N.» BELSIN SHIPPING AGENCIES PTE. LTD. SI B- \(.i:\TS: FAST OMECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK SERVICES SINGAPORE
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      Page 44 Advertisements Column 2
      430 44 EXPORTS TO HONGKONG, TAINAN, MANIA JAPAN "TWICE WEEKLY" MALACCA STRAITS SO VICE ACX JAM AC! RUBY (AISO ACCEPTING fCI 10 HKOSHMA) IMPORTS FROM JAPAN, TAIWAN I HONG KONG SPORE TO JAKARTA TWICE WEEKLY" KL PKL PNG Tal: *****68 Tel: *****15 Tal: Fax: 03-*****60 Fax: 03-*****70 Fax: 04-*****6 INDONESIA AGENT Samudara
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      Page 44 Advertisements Column 3
      167 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD FOR BOOKINGS ft ENQUIRIES PLEASE CONTACT: SINGAPORE PORT KEUNC SEAWARD SHIPPING 4 TRADING ORIENTAL SHIPPING CORPORATION CO. <S) PTE. LTO TEL: ILL *****C/*****4 1111. INTERNATIONAL PLA2A PORT KELANC S7M ANSON ROAD. KUANTAN 0»-52*133/4 SINGAPORE 0207 PASIR GUDANC 073MK TEL *****77 (S LINES)
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      Page 44 Advertisements Column 4
      1008 44 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MAUrStt'S AGENTS CHUNG CHIAO SHIPPING SON BHD W. Ttl: *****91/17 FAX: *****92, ***** P. KLJWt TEL MBSIO6/I TU MA ***** TU (***** TIL MA ***** GUAN GUAN SHIPPING SON BHD P.KLAN6 TEL: *****0C/7, 3(***** FAX: 03-3(007(4 TU: MA ***** PENAN6 TEL: *****407/(*****
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      535 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 UNES) PJE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA "PORT KELANG .PENANG MANILA >BUSAN 23/11 30/11 24/11 1/12
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      Page 45 Advertisements Column 2
      628 45 Regional C 'oiuaiiKT Lino V a RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Uomo) FAX: *****15/*****03 TELEX: RS ***** RISMR (3 Uom) (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL H mm hung line FULLY CONTAMERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO
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      Page 45 Advertisements Column 3
      265 45 VESSEL VOY TIGER SHARK 03N TIGER BMDGE HON TIGER MY 101N SM MM 24-25/11 01-03/12 25-29/11 05-07/12 04-05/12 1113/12 SM 09-10/12 13-14/12 19-20/12 VSL VOY BMGAPORE/CALCUTTA/BMGAPORE VESSEL VOY EAGLE BREEZE 0«2 LNOTSE 412 C TIGER RIVER 140 C SM 20-20/11 27-20/11 04-05/12 CM. SM 26-30/11 06-07/12 04-00/12 14-15/12 11-15/12 21-22/12
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      478 46 S'PORE EXPORT: *****22 IMPORT: *****02 PENANG: (04) *****6 P.KELANG: (03) *****7 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 7 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 n iM' i v ii it PEN 18/11 PK SIN 19/11 20/11 24/11 25/11 26/11 21/11 22/11 23/11 Ldn/Fli/Rdm/Ant Gothenburj/Stockholm/Osk)
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      Page 46 Advertisements Column 2
      323 46 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LME SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS 15S 25/11 MULHM 24S 11/12 MAHSURA 0510 27/12 m. 9/11 23/12 7/1 Ml ITT SM VU NPt 11/11 29/11 VIA NPI 25/12 11/1 WA NPI 9/1
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      Page 46 Advertisements Column 3
      677 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SI A BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO VESSEL VOY PUS HKQ SIN POM HON NORO RAB LAE EQUATOR STAR 5/SIS 17/11 27/11 30/11 02/12 04/12 OS/12 08/12
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      19 49 ;s.. <-'v *1 Read V Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
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      Page 49 Advertisements Column 2
      203 49 w STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX* 274-1100 PIC 03-*****«0 PER 0»<***** JKT: 21-<***** 88Y: 31-*****0 SIN 24/11 1/12 8/12 15/12 SIN 21/11 28/11 4/12 LH/PAR 12/12 19/12 26/12 2/1/92 TO CANADA VCR 18/12 22/12 29/12 FFURT/MANNHEIM STUGGART 16/12 23/12 30/12 6/1/92 m TOR/MTL 24/12 28/12 4/1/92 IRUN/MADRX)
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      328 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 MOO 0500 0600 0700 OHM 0900 lON UN **********00 ISM *****7M1M***** 2000 2101 2200 2300 J* 14 12 10 10 12 1.5 19 22 25 25 24 2.1 1.7 14 LI 10 10 12 1.5 19 21
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      Page 50 Advertisements Column 1
      309 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICES FOR ENQUIRIES. PLS CALL ENQUIRIES, *****, X *****41, *****64 CR: **********0 D PSA OPERATOR'S CODE: HY CONVENTIONAL SERVICES Agents: BOUSTEAD SHIPPING AGENCIES SINGAPORE KUALA LUMPUR PORT KLANG PENAMG TEL:
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      Page 50 Advertisements Column 2
      144 50 m PT. CELEBES LINES Weekly FCL LCL Shipping Services SURABAYA CFC General Agents: Common Freight Carriers pte ltd. 7 KEPPEI ROM) #01 M TANJOMG PKM COMPLEX SINGAPORE 0201 TEL: *****55 TELEX: IS ***** FAX: *****92, *****C9 to CM CR-1310MJOOOON JOSINDO TWICE WEEKLY SAILINGS VESSEL PAS* GUDANG/SWGAPORE JOSINDO SATU SOUTH BOUND
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      Page 50 Advertisements Column 3
      192 50 CHARTPOINT Every Saturday in Business Times SINGAPORE, f ONE SAILING PER WEEK T JAKARTA TWO SAILINGS PER WEEK Singapore phone *****1 1 fax *****59 Jakarta phone *****66 fax *****14 FREIGHT MANAGEMENT GROUP SSE Mrfr MitsoiOSK Lines JLtd EXPORT TO PSVV CONNECTING AT TO OOueu sua iriins i'l IMPORTS FROM USA
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