The Business Times, 20 November 1991

Total Pages: 50
1 50 The Business Times
  • 17 1 Business Times THE HI S!NESS PAPER FOR S-E ASIA MCI (P) 16/12/90 Wednesday, November 20, 1991 75*
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  • NEWS SUMMARY
    • 69 1 JAKARTA The Posts, Telecommunications and Tourism Minister, Susilo Sudarman, was quoted yesterday as saying that Indonesia had already met 90 per cent of the 2.4 million foreign tourists it expected to visit the country this year. He gave no precise figures, hut
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    • 40 1 NEW DELHI India and the Soviet Union arc cxpectcd to sign a new trade protocol next year during a proposed visit by Soviet Foreign Minister Boris Pankin, a government official said yesterday.
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    • 28 1 ALTHOUGH leading economic indicators have pointed to the recession having bottomed out, economic recovery in Australia will be weak, says Treasurer John Kerin. Page 2
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    • 31 1 THE Singapore Tourist Promotion Board has again revised downwards its projected growth rate in visitor arrivals for 1991 to a mere one to 2 per cent Page 3
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    • 26 1 JAPANESE retail giant Takashimava is poised to become one of the biggest chains in the region, says managing director Seiichi lida Page 4
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    • 23 1 HONGKONG'S Shui Hing Co Ltd, which closed its department store in Singapore in 1983, plans a comeback Page 4
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    • 20 1 THE Thai Commerce Ministry has asked that Thailand be removed from America's trade retaliatory 'hit list' Page 9
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    • 28 1 CANADA is reviewing its aid to Indonesia in the wake of the killing of pro-independence demonstrators in disputed East Timor last week Page 9
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    • 26 1 IN COUNTRIES that follow the English common law, there is no right of action for a breach of a person's privacy Page 18
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    • 31 1 REPAIRS and life-extension work on the world's aging tanker fleet are estimated to cost US$l billion (551.67 billion) over the next three years. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 31 1 BLUE CHIPS yesterday fell on Wall Street with the Dow Jones index of 30 leading industrials dropping 37 points to 2,935 level in the first 20 minutes of trading.
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    • 24 1 LONDON shares were weaker at midday yesterday. At about noon (1200 GMT), the FTSE 100-Share Index was down 23.6 points, at 2,479.3.
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    • 19 1 RETAILER CK Tangs firsthalf profits were down in spite of higher group sales. Page 6
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    • 28 1 HUME Industries (M) Bhd will reduce its equity interest in Nanyang Press (Malaya) Bhd from 84.9 per cent to 75 per cent Page 6
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    • 38 1 LOWER commodity prices have not deterred Industrial Oxygen Incorporated Bhd from achieving a 23.33 per cent rise in group net earnings to M 520.66 million (5512.39 million) for the year ended June 30 Page 6
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    • 26 1 FIDELITY Investments, manager of the world's largest funds, is launching a money market fund in Hongkong, the UK and several European countries Page 8
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 702.95 +7.63 Kuala Lumpur ...535.64 +7.04 Tokyo 23,326.86 -73.26 Hongkong 4,261.23 +63.02 Sydney 1,656.8 +10.3 Monday Change New York 2,972.72 +29.52 London 2,502.9 -43.7
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    • 24 1 Exchange rates USS SS 1.6675 100 Yen SS 1.2876 MS SS 0.6089 Money market rates Overnight 3 7/8 1/16 3-month 3 5/8% +1/16
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    • 38 1 London Gold AM fix US$359.85 -US$0.20 Rubber S'pore Dec 134.50*/kg +0.75 M'sia Dec 222.0 Vkg unch KL Tin Turnover 41 tonnes -29 Spot MS 14.65/kg unch Crude palm oil Turnover 738 lots -637 Feb MS863 /tonne +6
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  • 564 1  -  By Chuang Peck Ming SINGAPORE Japanese managers rate their Singapore counterparts as hardworking, serious, honest and outgoing. But, on the minus side, they think Singapore managers are inflexible, unpredictable, secretive and indecisive. These are highlights of a survey of Japanese and South-east Asian
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  • 229 1 SINGAPORE Regional bourses recorded modest gains yesterday after a 29.52point recovery in New York's Dow Jones Industrial Average on Monday night helped allay fears of a global stock market collapse. The gains, however, were anything but convincing, said some fund managers, who added that the
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  • 304 1 Agencies WASHINGTON President George Bush has told reporters that the American economy is basically sound while the US House of Representatives has backed away from a proposal to cap cred-it-card interest rates amid a storm of protest in the banking and retail
    Agencies  -  304 words
  • 293 1 Reuter BANGKOK An estimated 17,000 Thais rallied in the capital yesterday to protest against a draft constitution that they said would prolong the military's grip on power. Seven university students started a hunger strike in another part of the city in protest
    Reuter  -  293 words
  • 446 1  -  By Walton Morais SINGAPORE The Republic can help Hongkong thrive in the post-1997 era by investing in the territory's economy and convincing Chinese leaders to maintain its capitalist mode, says Hongkong's Governor Sir David Wilson. Speaking to Singapore journalists yesterday morning, Sir David, who
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  • 165 1 Reuter WASHINGTON The US trade deficit widened by 4 per cent in September to U556.79 billion (5511.4 billion) as imports rose faster than exports. The Commerce Department said yesterday that the September trade gap, which was greater than expected, reflected a 3.2 per cent rise in
    Reuter  -  165 words
  • Page 1 Advertisements
    • 205 1 I EXECUTIVE I PLACEMENTS g *****62 Aircraft Schedule 31 Law 18 Weather 31 Commodities 30 Money Changer Rates 31 World News 9 Company News 6,7 Money Market 29 For market indices, editorial Cryptic Crossword 31 Regional News 9 advertising and circulation exEditorial 10 Regional Stock Markets 27 tensions, call Business
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    • 5 1 Hock Ixxrk Siew Pg 6
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    • 71 1 Sole Xiiciit II Slullcx lIV l I !»l HK governor bullish about life after 1997, Pg 5 They can set their sights Now businessmen on our Penthouse Kloors. Where every room is reIAJ furbished with well Singapore have appointed luxuries for f: ZZI7Z 0 house lounge to hold mfirHtil Hotel
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  • PAGE 2 NEWS
    • 869 2  -  Interview with Australian Treasurer John Kerin From Florence Chong in CANBERRA THE Australian economy is slowly emerging from recession but recovery will be weak, says the country's Treasurer, John Kerin. In an exclusive interview, Mr Kerin told BT that leading economic
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    • 431 2  -  UK experts looking into traffic situation From Dexter Lee in KUALA LUMPUR MALAYSIA is considering an electronic road-pricing system to manage the increasingly congested roads in the Klang Valley. Transport Minister Datuk Scri Dr Ling Liong Sik said yesterday the government had invited a team
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    • 289 2 Bernama KUALA LUMPUR Commerce International Merchant Bankers Bhd will act as a financial intermediary for investments in the form of joint ventures between enterprises in Malaysia and the European Community, under a new facility which would ensure market penetration into the
      Bernama  -  289 words
    • 792 3  -  Fourth revision is bad news for retailers and hoteliers By Alvin Tay SINGAPORE The Singapore Tourist Promotion Board has again revised downwards its projected growth rate in visitor arrivals for 1991 this time to a mere one to 2 per cent. The revision
      Source: Richard Ellis  -  792 words
    • 252 3 SINGAPORE Industrial property, the most resilient sector of the property market to date, may soon show signs of softening, with supply increasing at the same time that manufacturing activity is slowing. According to property consultants Richard Ellis, 1.84 million sq m of new factory space is
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    • 250 3  -  By Elaine Koh SINGAPORE Pontiac Marina, one of Singapore's most ambitious commercial projects, is understood to be postponing indefinitely the building of one of its two office towers in the face of the expected over-supply of office space. The billion-dollar project originally comprised
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    • 177 3  -  By Colin Tan SINGAPORE Despite the need for Singapore to have more budget hotels, developers may not be able to financially justify building them because of high land and la-, bour costs, says property consultant Richard Ellis. "Many developers there* fore prefer to build
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  • Page 2 Advertisements
    • 500 2 toatigiic amp TECHNOLOGICAL IBGS 26-28 February 1992, Raffles City Convention Centre, Singapore The Gulf War has sparked off intensified interest in regional defence around the The First world. It has been a demonstration of modern warfare, where technology plays an Asia-Pacific Defence increasingly important role alongside strategy. The Asia-Pacific Defence
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  • Page 3 Advertisements
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  • SINGAPORE NEWS 1
    • 365 4  -  Tokyo retail giant sets up ventures in Indonesia and Thailand By Hong Lee Tiam JAPANESE retail giant Takashimaya, which is scheduled to open its massive store in Orchard Road in 1993, has been building up its presence in the region. In an interview with BT
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    • 346 4  -  By Sylvia Wong HONGKONG'S Shui Hing Company Ltd, which closed its department store in Singapore in 1983, plans a comeback. Shui Hing may return as a specialty store instead of a department store. Director Lawrence Koo said the company was mulling over this idea.
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    • 407 4  -  By Rahita Elias SINGAPORE and Belgium are getting ready to strengthen telecommunications links between the two countries. J Hendericckx, a director of Belgian Telecom, said his company will present a proposal on the setting up of data and voice links between both countries
      407 words
    • NEWS ROUNDUP
      • 51 4 A SURVEY to collect data on employment and unemployment will be conducted by the Ministry of Labour from this month to early January next year. The survey will help the government formulate plans and policies on employment. A sample of 11.500 households has been selected for the
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      • 75 4 THE REGISTRY OF VEHICLES has reminded the importers of secondhand cars and users of diesel vehicles that they must comply with exhaust-emission standards announced last year. Vehicles must meet the standards from Jan 1 next year. The standard for exhaust emission is set by a regulation
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      • 86 4 THE MASS RAPID TRANSIT Corp has announced the names of six new MRT stations along the Woodlands extension line. They are: Sembawang station, located within the proposed town centre of Sembawang New Town; Admiralty station; Woodlands station, located in the centre of Woodlands New Town; Marsiling
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      • 61 4 FROM Jan 1. 1992, Times Printers, a wholly-owned subsidiary of Times Publishing Ltd. will print the entire South-east Asian circulation of Time magazine. The five-year contract between Times Publishing and Time Asia comes in the wake of a decision by Time International Asia
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    • 538 5  -  By Salil Tripathi HONGKONG faces its future not with trepidation, but with determination. Much like a David confronting Goliath, Hongkong Governor Sir David Wilson has confidently cocked a snook at Jeremiahs and Cassandras who are writing off the dynamic territory. He was giving
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    • 371 5  -  By Anna Teo EYE SURGEON Robert Loh is tipped to succeed Dr Ee Peng Liang as president of the Singapore Council of Social Service next April. But the post at the helm of the Community Chest of
      371 words
  • Page 4 Advertisements
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    • 13 4 The StraitsTLmes WEEKLY OVERSEA* EBITtON fISJ Making an issue of the major issues
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  • Page 5 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 69 6 SINGAPORE Uniphone Telecommunications Bhd has proposed a five-stage major rationalisation plan involving its parent, Sapura Holdings Sdn Bhd, and related company, Sapura Telecommunications Bhd (Sapura). The plan calls for: share swaps between Sapura and Uniphone, and between Uniphone and Sapura Holdings; a restricted offer of sale
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      • 58 6 KUALA LUMPUR Antah Holdings Bhd recently signed a conditional agreement with Syarikat Pesaka Antah to buy the latter's wholly-owned subsidiary Sonatina. Antah said in a statement that Sonatina owns a 36,000 sq ft site in Damansara Heights, on which it has undertaken to build a
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      • 20 6 SINGAPORE United Overseas Bank sold 427,000 UOL TSRs 93 on Nov 15, at 69.24 cents each.
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      • 34 6 SINGAPORE Sembawang Shipyard has announced that Temasek Holdings Pte Ltd purchased 47,000 of its shares last week for $421,143, increasing its stake in the shipyard to 48.91 per cent.
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      • 84 6 IN YESTERDAY'S BT report on RMCA Reinsurance, it was reported that RMCA Re is projecting damages of well over US$2 billion for end-September and October from two catastrophes in Japan and California". The projected damages were for the two catastrophes and not for RMCA Re's account alone.
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    • 370 6  -  By Sylvia Wong SINGAPORE Higher operating costs and "continued losses" from a subsidiary have dragged down retailer C K Tang's half-year profit, in spite of higher sales. The group's after-tax profit for the six months to Sep 30 was almost halved
      370 words
    • 295 6 Bernama KUALA LUMPUR Hume Industries (M) Bhd will reduce its equity interest in Nanyang Press (Malaya) Bhd from 84.9 per cent to 75 per cent to comply with the Kuala Lumpur Stock Exchange's listing requirements, its senior group managing director said
      Bernama  -  295 words
    • 201 6 Bernama KUALA LUMPUR Kemayan Oil Palm Bhd's proposal to acquire the entire equity interest in Light Industrial Estate (Johor) Sdn Bhd will enable the company to diversify into property development, says its chairman, Haji Mohd Padil Harun. He said in the company's 1991 annual report
      Bernama  -  201 words
    • 799 6  -  THE HOCK LOCK SIEW COLUMN Is the US economy getting into stride, or does it still have weak knees? By S N Vasuki SINGAPORE There is an understandable sigh of relief emanating from stock markets all over the world that the fallout from Wall
      799 words
    • 337 6  -  By Magdalene Ng SINGAPORE Malaysia's plantation giant, Industrial Oxygen Incorporated Bhd (IOI), posted a 23.33 per cent rise in group net earnings to M 520.66 million (S$ 12.39 million) for the year ended June 30 in spite of lower commodity prices. The 43.18
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    • 208 6 Bernama KUALA LUMPUR OYL Industries Bhd is targeting an increase in the export of its products to as much as 75 per cent in the next few years, chairman Tun Omar Yoke Lin Ong said here yesterday. OYL, which mainly manufactures
      Bernama  -  208 words
    • 475 7 Three-nation consortium to commit As2.9b to project AP SYDNEY The government chose a three-nation consortium yesterday to build Australia's second telecommunications carrier in a major step towards breaking up its own telephone monopoly. Optus Communications, the new competitor to gov-ernment-owned Telecom, is committing
      AP  -  475 words
    • 275 7 Case stems from NDC dispute Reuter WASHINGTON Wealthy businessman Adnan Khashoggi lost a US Supreme Court appeal on Monday of a US$4.6 million (557.82 million) default judgment against him. The judgment had stemmed from a dispute between Mr Khashoggi and the National Development Co of
      Reuter  -  275 words
    • COMPANY BRIEFS
      • 88 7 TOKYO Japanese chipmaker Kyocera Corp said yesterday that its net consolidated profit had fallen 5.4 per cent, from a year earlier, to 15.8 billion yen (551.42 million) in the six months to September. The company, the world's largest manufacturer of ceramic packages for
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      • 59 7 PARIS Franco-Italian semiconductor maker SGS-Thom-son Microelectronics BV has signed an initial accord with Dutch Philips Electronics NV to develop next-generation integrated circuits. SGS-Thomson, owned 50/50 by France's Thomson-CSF and Italy's IRI-Finmeccanica, and Philips Semiconductors International, will develop more compact chips containing more elements, which allow manufacturers
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      • 67 7 MANILA Mine operator Benguet Corp saw its net profit for the nine months to Sep 30 drop to 141.1 million pesos from 176.8 million pesos in the previous corresponding period. Benguet Coip said a decline in the Dizon mine's output due to the eruption of
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      • 70 7 TAIPEI State-run China Steel Corp (CSC), Taiwan's largest steel mill, said it will spend NT$6O billion (553.91 billion) to boost its annual output of crude steel to eight million tonnes from the current 5.65 million. CSC will submit its expansion plan to the Economics Ministry
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    • 357 7 Reuter TROY, Michigan Kmart Corp, long one of America's fastest-growing retailers, on Monday said that earnings rose a slim 3.4 per cent in the third quarter, hurt by the weak economy. Separately, Toys R Us, another major retailer, also reported a small
      Reuter  -  357 words
    • 386 7 Reuter TOKYO Japan's five major trading houses face slower profit growth and possible declines as they cope with a worldwide economic slowdown and high domestic interest rates, after four years of booming profits, say industry analysts. "Trading companies 1 profits, which
      Reuter  -  386 words
  • Page 6 Advertisements
    • 112 6 AN INCISIVE PRESENCE m "*r*32 >T i I k V X Vto >!2 7V^> Mi if* «»i ill >«1 i*l x<2 »*ii »!l I'i »!i •»<: .<2 v ~*a nil .'iii Va sfiME?®i i**l t*il ..'i as'stiRa" p»2 »**ii PSStSB(f9' ill*! •Hi ■rt«"l ■rs^t **mm tTi I'' J ,-»r u.
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  • Page 7 Advertisements
    • 63 7 A B-l Some People Actually Claim They Come TO The Lobby Lounge For Our. Famous Irish Coffee Whatever the reasons, one thing's for sure. The Lobby Lounge is still the best place to meet your friends. After work, after dinner, after all these years. Omni ©Marco Polo Hotel Singapore FOR
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 78 8 KUALA LUMPUR The Hongkong and Shanghai Banking Corp Ltd has obtained Malaysian approval to start an offshore banking unit on Labuan island off Borneo. "The new office will operate as part of HSBC group's international offshore banking network," said David Eldon, chief executive
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      • 57 8 SYDNEY Bank of New Zealand Ltd has sacked 30 staff from its Australian operations because the country's recession was deeper than expected. The sackings were part of a programme "to remain competitive in a crowded market place", the bank said yesterday. The bank now
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      • 111 8 SEOUL The Seoul stock exchange has said it would not make South Korean banks meet its usual net profit or dividend criteria for listing in the first trading section. A stock exchange official said: "We decided to continue to provide special treatment for banks in determining
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      • 68 8 ZURICH Swiss Bank Corp said it had alerted Britain's Serious Fraud Office to a possible breach of contract by Headington Investments, one of its creditors and a part of the Maxwell Communication Corp. SBC granted Headington a £60 million credit in July 1991 and said it now
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      • 81 8 COPENHAGEN Insurance/finance group Hafnia Holding has denied a local press report that it is planning to take over part of Swedish group Nobel Industrier in collaboration with its French partner Cie Financiere de Paribas. The report, in the financial daily Boersen, said the two
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    • 294 8  -  By Chew Eng Han SINGAPORE Fidelity Investments, manager of the world's largest funds, is launching a money market fund in Hongkong, the United Kingdom and several European countries. Aiming to attract about US$2OO million (*****.5 million) to US$3OO million initially, the fund is
      294 words
    • 470 8 Bernama KUALA LUMPUR Bank Islam Malaysia Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange's main board early next year, is now in the final stages of studying the possibility of introducing several new facilities such as property and unit trusts
      Bernama  -  470 words
    • 441 8 Reuter TOKYO Japan's Ministry of Finance (MOF) will soon ease rules on the sales of Japanese banks' corporate loan holdings to help them meet new international capital adequacy requirements by March 31, 1993, banking industry sources say. An MOF
      Reuter  -  441 words
    • 549 8 MARKET TALK! Reuter SYDNEY Three of Australia's major banks will unveil lower annual net profits and dividends this week due to higher bad and doubtful debt charges, analysts said on Monday. But National Australia Bank Ltd is expected to earn
      Reuter  -  549 words
    • 358 8  -  By Salil Tripathi SINGAPORE It is open hunting season at Salomon Brothers. Even as the employees of the scandal-ridden New York-based investment bank were digesting the firm's quarterly results, the management sprang a surprise on them by firing 135 executives. The
      358 words
    • 371 8 Reuter LONDON S G Warburg Group pic's first-half profits have exceeded market forecasts but there is concern that political and economic uncertainties over the coming months could put a damper on the merchant banking group's business. Pre-tax profit for the six months to
      Reuter  -  371 words
  • Page 8 Advertisements
    • 558 8 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 27th Annual General Meeting of the Company will be held at the Cartton Hotel, Seminar Room 11, Level 6, 76 Bras Basah Road, Singapore 0718 on 5 December 1991
      558 words
    • 92 8 TheMehM No. 1 Coleman Street An address of distinction. Ideal for medium and large companies. Immediate occupation. Office units ranging from 1,400 sq ft to 27,500 sq ft at attractive rentals. Ideal for medium and large companies as headquarters, regional centres or branch offices. Central location, with easy and convenient
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  • THE REGION/THE WORLD
    • 320 9 BANGKOK The Thai Commerce Ministry has told the US that to maintain favourable trade relations with Thailand, it must "show good faith" by removing Thailand from its trade retaliatory "hit list", according to a Bangkok Post report. A senior ministry official
      320 words
    • 229 9 OTTAWA Canada is reviewing its aid to Indonesia following the killing of proindependence demonstrators in disputed East Timor last week. External Affairs Minister Barbara MeDougall said in the House of Commons. During parliamentary question period on Monday, Ms MeDougall told the chamber:
      229 words
    • 312 9 Reuter BRUSSELS The European Court of Justice has held up completion of an accord linking the European Community and Efta (European Free Trade Association) in a giant common market because of concern over its impact on the EC's legal system. A special ceremony
      Reuter  -  312 words
    • 200 9 Reuter BRUSSELS European Community industry ministers have highlighted the importance of the EC's computer and electronics sector but avoided any major concrete initiatives to tackle stiff Japanese competition. They passed a resolution on Monday declaring that electronics, information and communications technologies were of paramount importance
      Reuter  -  200 words
    • 299 9 Reuter WASHINGTON The US House of Representatives has approved a US$29l billion (Ss4B6 billion) defence authorisation Bill that keeps the controversial B-2 Stealth bomber programme alive and raises spending on the Star Wars missile defence plan. Approval of the Bill, a compromise between
      Reuter  -  299 words
    • 262 9 BANGKOK The Commerce Ministry has come up with a three-step plan in preparation for the unified European Community market after 1992 and urged Thai commercial banks to set up branches in Europe to finance Thai businesses there. The Bangkok-based The Nation
      262 words
    • 322 9 BANGKOK The Thai Board of Investment is likely to permit investors in promoted support industries to sell up to 20 per cent of their output in the domestic market, according to the Bang-kok-based The Nation. Since several foreigndominated giants have been
      322 words
    • 212 9 AFP MANILA The Philippine economy is forecast to shrink by 0.1 per cent this year, according to government documents submitted to a visiting International Monetary Fund (IMF) mission. The new forecast, obtained from official sources yesterday, marked a sharp fall from the 3.7 per cent
      AFP  -  212 words
    • WORLD WATCH
      • 77 9 PARIS French Prime Minister Edith Cresson easily survived a no-confidence motion on Monday brought by the right-wing opposition, angered by tight spending limits in the 1992 Budget Bill. A total of *264 deputies voted for the censure motion, well short of the required majority of
        77 words
      • 82 9 NEW ORLEANS Declaring that "George Bush is in very big trouble", former Ku Klux Klan leader David Duke said on Monday he was considering running for president in spite of his defeat in Louisiana's elections for governor. Mr Duke told a news conference he
        82 words
      • 105 9 JAKARTA Indonesia will most likely have a slimmer Budget for project development next year due to the estimated oil price decrease in the world market and the decline in foreign aid receipts. State Minister for Development Planning Saleh Afiff told a meeting on national development consultation
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      • 98 9 CANBERRA Japanese visitors are leading a tourist boom which looks set to break records set in 1988, Australia's bicentenary year, the Bureau of Statistics said yesterday. By the end of August, the total number of short-term visitor arrivals had reached 1.466 million, and the 1988 record
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      • 107 9 BANGKOK Thailand will use an international labour conference in Bangkok to fend off criticism over recent trade union laws, senior government officials said on Monday. "Delegates to the meeting will see that labour problems in Thailand are not as frightening as they thought," the deputy
        107 words
  • Page 9 Advertisements

  • 531 10 EDITORIAL A PLURAL SOCIETY such as Singapore means a constant balancing act. Tilt a tad too far one way or the other in policy or philosophy, and equilibrium goes. There is a recent example of how easily the equilibrium is tested: Much of the post-election analyses
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  • WHAT THE OTHERS SAY
    • 238 10 THE residents of Louisiana have voted to keep Mr David Duke, the former grand wizard of the white supremacist Ku Klux Klan with neo-Nazi leanings, out of the Governor's office. They see through extremists like Mr Duke and know that they cannot deliver the goods:
      238 words
    • 100 10 THE recent meeting in Moscow between the Afghan Mujahideen and the Soviet Union, the main backer of the Kabul regime, was considered as a breakthrough in the 13-year-old crisis. This positive development is part and parcel of the end of the Cold War. However, things are not really
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    • 156 10 DISSATISFACTION or objection from voters to faults in government policy is understandable, but to take the government's review of the last General Election results as an opportunity to apply pressure is clearly a wrong attitude. Prime Minister Goh Chok Tong's address at the PAP Convention has given us
      156 words
  • REGIONAL VIEWPOINTS
    • 206 10 THEY are all returning home. Cambodia being their motherland. But not all of them may feel as welcome as Prince Norodom Sihanouk. But for peace to come to this war-torn land, the positive must rule over the negative: in that the hatred or anger that evidently remains,
      206 words
    • 101 10 INDONESIA has taken a proper first step by abandoning early attempts to cover up a massacre of civilians by its troops in East Timor last week. Any cover-up of the Dili cemetery killings would only further blacken the international reputation of the Indonesian military in its
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    • 200 10 AFTER three days of talks with Beijing leaders, US Secretary of State Mr James Baker has come away just as he predicted without any dramatic breakthrough on key issues. Even before Mr Baker's plane touched down on Friday, Chinese officials made it known that while they would listen
      200 words
  • 983 10  -  Rumours that Japan is building a trade block in East Asia are much exaggerated, says The Economist The Economist ONE of the most cherished notions of Japanophobes is that Japan is using its undoubted economic clout in East Asia to forge a regional trade
    Source: IMF  -  983 words
  • Page 10 Advertisements
    • 69 10 Jfraset ftoacfy &Co Xtb WE HAVE PLEASURE TO ANNOUNCE THAT EFFECTIVE 20TH NOVEMBER 1991 OUR COMPANY'S NAME WILL BE CHANGED TO:FRASER securities pt e ltd Member Company of Slock EiehiD{t of Singapore Ltd AN ASSOCIATE COMPANY OF ARAB-MALAYSIAN MERCHANT BANK BERHAD OUR ADDRESS. TELEPHONE. FACSIMILE AND TELEX NUMBERS REMAIN UNCHANGED.
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  • Page 10 Miscellaneous
    • 43 10 DOONESBURY BY GARRY TRUDEAU < HSf I*"- 1 HZ PROBABLY KAne* oFASMVJKtmxt IgggJ jSStlfSr' I 'Swmxo Tw&mie iknouj. poiou MoeacMecAse, I g%iKS? Aom3sSm£ yw&of th&must know ANPmmimNWiN 11 L**»"A W&hxL I sooiT damagc deexUHfiTS amCnONMHWO I MAMBin m'wvmmgn 1 CONTROL. hajstsp nrr* one*. allm€NHß
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  • ANALYSIS
    • 705 11  -  Communism remains a significant political force in East Europe, says Peter Humphrey Peter Humphrey Reuter TWO years after communist dictatorships collapsed like dominoes across Eastern Europe, the left remains a significant political force in a new guise and in some places is
      Reuter  -  705 words
    • 1239 11  -  Batam and Bintan are two islands in the Riau Archipelago earmarked for development. In the Riau ventures, Jakarta will merge Singapore's experience in industrial and economic development with Indonesia's abundance in resources. Catherine Ong reports Catherine Ong STEP aside Bali and Borocay. Bintan
      1,239 words
    • 645 11 BATAM will be to Singapore what Shenzhen is to Hongkong. The Republic, like the British colony, is the urban business hub providing the manufacturing centre with global export links, communications, finance and infrastructure. This in a nutshell is the concept behind the partnership between Singapore and the
      645 words
  • Page 11 Advertisements
    • 137 11 H ■:»y&.-»oila&£B£r •.*£3.* JHF k W =I ib a *——a 5 *Hl^R__® ■5 Pi > JJ43I w \yk ,iallC» wl rfiiff jr ih^^kP' Rflfl B| Moorea Collection ASI AWArt H I NTRI Pl l I Tl) Park«a> Parade. «B1 Mth*) CHEW CHEONG WATCH CENTRE Sha» Centre. W4 < <>RIISA WATCH
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  • Page 12 Advertisements
    • 145 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE TANTALISING TREATS Don't miss our weekly specials in Tien Court. 04/11—10/11: Double Boiled Superior Shark's Fin $22.00 11/11—17/11: Steamed Sultan Fish $4.00 par 100 gm. 18/11-24/11: Braised Whole Abalone $12.00 25/11—01/12: Small Lobsters cooked
      145 words
    • 351 12 jß»yi DIANXIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu treat yourself to all the Dian Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am —2:3opm for lunch, and 6:3opm— 10:30pm
      351 words
    • 228 12 ag* WMMw evening at our newly|frenovated Club 5! >l>V Unwind with a refreshI ing drink and let V/ SUGAR N W SPICES sooth A away your blues with their XT varied repertoire. Nil HAPPY HOURS: T/k ,_9pm I Plaza Hotel si*C«ront —«r«iM*coioo»r ui«mviTinc Sm*d(.ir. (1719V1 "Willi I Cafe Aladdin's popular
      228 words
    • 238 12 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 yra) Mezzarw* 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) hfci
      238 words
  • Page 12 Miscellaneous
    • 681 12 TELEVISION AND RADIO IT "1 SBC 12 and develop their individu- 6.45 With the Quran. •:n ICIPO I -ZZjL al schemes, though James 6.58 Prayer Cad. Vft A UMLdI IlldUllCoiJ J.OO AMCNN International (L). Lt/.St hanZEt BSC, 88.9 mHi m VHF Band II 6 5 c pu Programme HitrtiiitrM* meets
      681 words

  • LIFESTYLE
    • 642 13  -  The mobile phone dials up Hongkong's fast track to high finance and society, writes Victoria McGlothren Victoria McGlothren Reuter The portable telephone, its ring so shrill it can pierce anything from morning bus-ride reverie to conversation in a classy restaurant to a brain cell, has become Hongkong's
      Reuter  -  642 words
    • 288 13 NYT WINE MAKERS in the US are quietly going organic. Wineries are giving up pesticides for predatory wasps and abandoning chemical fertilisers and weed-killers for compost and cover crops. A handful of producers have made organic wines since the early 1980s and brought them to market,
      NYT  -  288 words
    • 472 13 CHATTERBOX IVANA TRUMP says she is happy but wants a little time before marrying Italian industrialist Riccardo Mazzucchelli. He says he will wait. Donald Trump's former wife said Mazzucchelli, her beau since June, had made her "a happy woman". She said
      472 words
  • Page 13 Advertisements
    • 167 13 AND ENTERTAIN Wednesday Malay Temptations Thursday Indian Favourites Saturday Weekend Promotion Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. A Rnrretm nc ANA HOTEL r or reservations, SINGAPORE please call 732-1222 ext 1594. i6N«*m h* s- B w. 102s TMpnone
      167 words
    • 142 13 9-COURSE DELICACIES f-S*! 9 BONUS ,TEMS $238S 1 V rannßßnnnnnnnnnnn^] L I. ASSORTED COLD CITS SI C 2. SHARK S FIN W/CRAB MEAT gj St 3 ST&wnhhickkn W BRfX m/r 4. RED FISH W/SOVA BEAN CRI'MB g V V 5 nuED prawn w/dried red >A K > >'T CHIlu •y
      142 words
    • 210 13 j^^^Bnrifisi^m Soma phono systoms may mm additional phonos. you won't havo to machlnas. cordlon and sluglo lino choop at tho tima, but bowaro, Install fork out an exorbitant amount for thom. phonas, madams. focslmilas. data toranything othor than —ALL THK FEATURES YOU NEKD minols. h»a<—ti, and prlntors to hoop a
      210 words

  • SPORTS 1
    • 398 14 AFP ATLANTA, Georgia Bert Cooper arrived here on Monday to begin final preparations for his fight with undisputed world heavyweight champion Evander Holyfield, saying he was in shape and promising a stunning upset. 'Tm in shape and I'm ready to fight. I'm
      AFP  -  398 words
    • SIDE LINES
      • 213 14 SAN DIEGO, California The America's Cup Organisers have written to Russian President Boris Yeltsin, hoping to sort out which of two rival syndicates is the legitimate Russian challenger for the world's top yacht race. Yeltsin's State Sports Committee and his own vice-president have
        213 words
      • 104 14 ATLANTA European television rights for the 1996 Atlanta Olympics have been granted to a public television group, reportedly for three times what is being paid to show the Barcelona Games of 1992. Billy Payne, president of the Atlanta Committee for the Olympic Games, said on
        104 words
      • 82 14 PARIS French constructor Peugeot has called a meeting here on Friday of teams interested in saving the world sports car championship. International Auto Sports Federation president Max Mosley recommended last week that the championship be called off because of a lack of competitors. But Peugeot, which
        82 words
      • 87 14 BARCELONA International Olympic Committee president Juan Antonio Samaranch has insisted that carrying the Aids virus should not stop US basketball star Earvin "Magic" Johnson from going to the Barcelona Olympics. He said Johnson would be welcome at next year's games as a competitor or in the audience M
        87 words
      • 98 14 MILAN Former Swedish great Bjom Borg has turned to American coach Nick Bollettieri to prepare for his latest comeback attempt on the seniors circuit. The International Management Group (IMG) said the 35-year-old Borg is training at Bollettieri's tennis academy in Bradenton, Florida, the same school which produced
        98 words
    • 501 17 Virginia Slims Championships AP NEW YORK It wasn't the Steffi Graf of old, but the right-hander showed enough of the old magic on Monday night to eliminate Conchita Martinez in the opening round of the Virginia Slims Championships. The No 2 seed in this 16player, season-ending tournament
      AP  -  501 words
    • 339 17 AP JOHANNESBURG Several militant anti-apartheid groups said on Monday that they would demonstrate this week against the first major tennis tournament here in recent years. The Standard Bank ATP Tour World Doubles Finals, which starts today, features the eight top-ranked doubles teams, led by
      AP  -  339 words
  • Page 14 Advertisements
    • 265 14 In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you .....where the American Express 9 Card is always welcome. uiifi "auesj- v hospitable rccepoon Membership Has Its Privileges." SHANGRI-LA INTERNATIONAL HOTELS <•« RESORTS Don't leave home without it* BALI- BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA KINABALU KUALA
      265 words
    • 88 14 Lwdw m Export to Middle-Eaat, Africa, Europe, intonated exclusively in product! from Singapore, Indrawia. Malaysia and Thailand. Building Materials, Sawn Timber, Plywood, Block board. Textiles, Garments Accessories, Sugar, Rice, Spices, Cement, Lingerie, Ladiea Panties, Men Socks, Blankets, Electronics, Electrical Bulbs, Fluorescent Tubes, Foodstuffs, Canned Fruits, Fnrit Concentrates, Synms, Biscuits Confectioneries,
      88 words

  • Page 15 Advertisements

  • Page 16 Advertisements
    • 468 16 WE PRESENT A NEW BANK THAT BELIEVES LONG-TERM RELATIONSHIPS AREN'T ONLY FOR THE GOOD TIMES. J""' v DOESN'T THAT SOUND LIKE THE BANKER YOU'VE ALWAYS BEEN LOOKING FOR? The merger between ABN Bank and Amro Bank has given their business performance in all areas. At the ABN AMRO Bank the
      468 words

  • Page 17 Advertisements
    • 339 17 r M THE MATTER OF THE COMPAMES ACT, (CHAPTER SO) ANO IN THE MATTER OF NO KWIE SIM HOLDINGS PTE LTD (Incorporated in the Republic of Singapore) (In Liquidation) Msmbers' Voluntarily Wlnding-Up NOTICE IS HEREBY GIVEN that the credrtors of the abovenamed Company, which is being voluntarily wound-up. are required
      339 words
    • 354 17 f M THE MATTER OF THE COMPAMES ACT, (CHAPTER SO) ANO IN THE MATTER OF GENERAL RUBBER TRADING NOUBE (PTE) LTD (Incorporated in the Republic of Singapore) (In Liquidation) 11, nf Ifn!■ inla.tLi MeciiDOfs voHjnianiy Wind log-Up NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is
      354 words
    • 27 17 The Art of Fine Cognac. 5f Jh^Wl f p= =^lp|j^3 ■SKSQ^d^^^^H HSM S^gSSgfi^^H v .KL K/ i r Martell Cordon Bleu. The Art of Cognac Since 1715.
      27 words

  • THE LAW PAGE
    • 940 18  -  If your privacy has been invaded by a factually correct media report, there is virtually nothing you can do about it. But to what extent should an individual's personal life warrant the media's attention? Selva Kumar examines the issue Selva Kumar IF YOUR reputation is damaged
      940 words
    • 478 18 CAM COURT DEFINES WORDING IN SECTION 328(1) OF COMPANIES ACT IN THE MATTER OF ACTIVE BUILDING CIVIL CONSTRUCTION (PTE) LIMITED The High Court of the Republic of Singapore, Companies Winding Up No 545 of 1985: Justice Chan Sell Keong THE liquidators of Active Building and
      478 words
    • 505 18 SEAH PONG TSHAI V THE LAW SOCIETY OF SINGAPORE High Court of the Republic of Singapore, Originating Summons No 368 of 1990: Justice Yong Pung How, Chief Justice, Justices Lai Kew Chai and L P Thean. THE appeal was brought by Seah Pong Tshai, a practising lawyer,
      505 words
  • Page 18 Advertisements
    • 81 18 TIME-BASED CHARGING STARTS DECEMBER 1 S3 your witoimn by announcing yowr toM-froo phone —rvk— H The Straits Times H The Sunday Times I Business Times I The New Paper Berita Harian Berita Minggu H Lianhe Zaobao I Lianhe Wanbao H Shin Min Daily News H Friday Weekly Call our sales
      81 words
    • 358 18 |KUj|3| The New NIV UMHEU Life Application Bible 111 nmuinnJttMfitotTpfctilln.«f^Mn.lk Move ahead in your study and your BWMMIWMnBI spiritual life with the one Bible Application Notes desianed for application. The Life iach note illumines the meaning of the text with detailed a infonmation on applying scriptural principles to life. Application
      358 words

  • Page 19 Advertisements
    • 834 19 is it V i mm i jyy ii« j iir U Ivv Haj vf f i\\ fl jflf Kf i <*• I '^•fISc r The incredibly desirable 1892 Ericsson antique phone Resuscitated for this promo/ion only this Only 20 fortunate folk will feel this 24 carat goldploted Ericsson Hotline Pocket
      834 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4054 20  -  By Schutz Lee THE local stock market rebounded yesterday, but trading was only moderate as investors remained unconvinced that a recovery was at hand. Wall Street had gained 29.52 points on Monday but Tokyo slid 73.26 points yesterday, sending mixed signals to Asian bourses.
      4,054 words
    • Article, Illustration
      75 20  -  By Chew Eng Han Comment IDRIS hit the resistance line near 53 cents last week but failed to break through. The stock is now poised for an assault on the support line, with support currently at 42 cents. A break below will mean a continuation of the downtrend
      75 words


  • 3376 22 Gen tings 50* 660 20 3.1% Magnum Corpn 535 +15 +2.9% Hume M 312 +14 +4.7% MISC Foreign 428 +10 +2.4% Oriental Hldgs 530 +10 +1.9% MTC 78* 275 +9 +3.4% Tasek Cement 265 +5 +1.9% G Lumber 153 +4 f 2.7% Malayawata 254 4
    3,376 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4867 23 Bernama SHARE PRICES rebounded on bargain-hunting yesterday to close broadly higher with low liners and speculative issues attracting much buying interest. The morning surge on the Tokyo market yesterday and the upturn on Wall Street overnight spurred buying activity here. TTie KJLSE Composite Index
      Bernama  -  4,867 words

  • BT SHARE INFORMATION SERVICE
    • 342 24 Company Date Year Group Not Net taming* firtu ann t* profit/lots (L) par thara dhrWtnd COM) (cants) Kemayan Nov 18 May 91 M$73($l,209) -(0.7) 1 5(1 5) Tongkah Wdgs Nov 18 Jun 91 M$2.479L(S1.019L) Q Holdings Nov 15 tun 91 M$17,210($12,435) 36 6(26 4 30(10) Fata Group Nov
      342 words
    • 210 24 Company Data Yaar Gr*«p pretax Nat aaraiags Croat mm to prallt/tou (I) par sfcara tfhrMaad COM) (CMts) Ind Oxygen Nov 18 Jun 91 M$34.844($24.335) 3.8(3.1) -(4 5a) PJ Dev Hldgs Nov 11 Jun 91 M$527($1.688l) SPH Nov 8 Aug 91 $219,124(5194.085) 63.2(54.3) 25(30) Palmco Hldgs Nov 6 Jun
      210 words
    • 639 24 Company Date Half-year Group pra-tex Interim ana to profit/loss (L) dhrMart COM) HK Tel Nov 18 Sep 91 HK$3.106d($2.590d) 35(30.4) Marco Polo Nov 18 Sep 91 $3.559($7,391) 0.5(-) B Sembawang Nov 15 Sep 91 $12.918($1,143) GB Hldgs Nov 15 Sep 91 $3,892(5532) 2.5TE(2.5TE) HTP HWgs Nov 15 Sep
      639 words
    • 901 24 No* IS Barjaya Group had announced that a notice of takeover otter has been received from Pertama Merchant Bank on Jutamex's intention to make a mandatory general otter fof all the issued and paid-up shares of Berjaya at MJ1.38 (SJ0.88) a share (other than the 183.31 m shares
      901 words
    • 1680 24 Deemed Interest Enlarged share capital na: Not Available Tram Ragisttwi Substantial Bay/ Na. of Anamrt SharahaMhn Stack Data Hatdar Sharaholdar/Diractar Sail skaras Bafara Aftar SIA 15/11/91 Temasek Holdings (Pte) Ltd B 17.000 219.300 000 346.461.586 54 030 346.478.586 54 030 Semb Maritime 14/11/91 NSPL Temasek Holdings (Pte)
      1,680 words
    • 778 24 tonal Ex Mr Date Trial tar Tatal far WW—I Ma data payaMa tka year last yaar MSB 56c 12%(b) Oec 30 Jan 14 Jan 21 12% 10% Ant* Hdp 50c 6%(b) Nov 21 Oec 5 Dec 24 6% 6% Badfard 50c l*(l) Oct 7 Oct 21 Nov 20
      778 words
    • 285 24 Main Board Last Full Year Company Parted Date Tear Net EPS Gross Net mouiccd endhf (cants) 4v pnAt last year (**000) EMS Final Nov 6 Jul 91 3 0TE 17.8781 Tanas Pub Final Nov 23 Aug 91 230 100 28.013 ■IC Wdhp Interim Nov 29 Mar 92 560
      285 words
    • 103 24 Company Rights Issue H Mtfva One tot -one ig, $2 75 per share Eidate Nov 12 Books close Nov 22 Acceptance Payment NYA MN France Two-tor three (n. MJO 90 per share Ex-date Nov 1 Books dose Nov 18 Acceptance Payment NYA Company Bonus Issue MM Fiance One-tor
      103 words
    • 542 24 Company Rights Issue Ma Pic Land One-to-two w WO 65 per stare Mwrt Tad) (a, $100 per share Barjaya Groin Rights issue of S89m nomral amount 10% Irredeemable Convertible Unsecured Loan Stocks (CULS) on the basis of one to tour Baton Issue of 190 978m nominal amount of
      542 words
    • 79 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (I DP) (ST) starts H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTPHIdgs Sep 16 Oct 10 Sep 30 Oct 10 Oct II Miaebea Dec 16 Parkway Hldgs Oct 11 Nov 7 Oct 25
      79 words
    • 214 24 Singapura Bufcfng Society Ltd: 22nd AGM at the Board Room. 70 Shenton Way Marina House, Singapore 0207 on Thursday, Nov 21, at 11am. Chuan Hup takings Ltd: 21st AGM at 322 Jalan Ahmad Ibrahim, Singapore 2262 on Friday, Nov 22, at 2.30pm. Pkcon Engneemg Bhd: EGM at The
      214 words
    • 167 24 RECORD HIGHS LOWS BT Composite Index ST industrials Index sis? iss (wm\ sis iss <sas 122? »S JK BE K <3gS 1989 Eh 1322 00 28 2 89 1J 1487 76 989 tar 917 42 (4/189 19IS *****9 < 4/1/89) 988 Wt 1043 86 8/8/1 19M *****7 (8/8/88) 35 IT
      167 words

  • STOCK EXCHANGE OF THAILAND
    • 2406 25 Reuter SHARE prices jumped strongly across the board in the last 10 minutes of trade yesterday on news that the military junta had bowed to public pressure to amend a draft constitution, brokers said. The head of a militarydominated panel vetting the charter
      Reuter; SOURCE: PONT DATA  -  2,406 words
  • JAKARTA STOCK EXCHANGE
    • 1095 25 Reuter JAKARTA STOCKS closed slightly weaker yesterday with the index off 0.13 points to 243.51 in fairly active trade. "We got a lot of buy orders especially from the States though there's no fundamental reason why they should come into the market now," one broker said.
      Reuter  -  1,095 words
  • Page 25 Advertisements
    • 8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
    • 80 25 TIME-BASED CHARGING STARTS DECEMBER 1 i S Jr ♦«v your cuifotnsu by announcing your ftoMrat phono sorvicos r The Straits Times The Sunday Times Business Times H The New Paper Berita Harian Berita Minggu Lianhe Zaobao Lianhe Wanbao Shin Min Daily News I Friday Weekly Call our sales teams now
      80 words

  • TOKYO STOCK EXCHANGE
    • 2622 26 Reuter STOCKS gave up early gains yesterday to end easier. Investors retreated after the technical rebound proved weaker than expected, and futures-linked selling knocked prices down. The market was bereft of incentives and worried about further weakness on Wall Street, brokers said. "The only
      Reuter  -  2,622 words
  • STOCK EXCHANGE OF HONGKONG
    • 2566 26 AP SHARE PRICES on the Hongkong Stock Exchange surged in active trading yesterday in reaction to Monday's recovery on Wall Street. The Hang Seng Index, the market's key indicator of blue chips, gained 63.02 points, closing at 4,261.23. The gain nearly offset Monday's fall
      AP  -  2,566 words

  • REGIONAL STOCK MARKETS
    • Asian markets watching Nikkei, Dow
      • 912 27 THE Australian share market closed stronger yesterday but off its early highs as investors became jittery over the performance of the Tokyo bourse. "Investors always watch the Japanese market very carefully," said Frank Palmer, a director at brokerage firm Joseph Palmer Sons. "When they see the Tokyo market coming
        912 words
      • 527 27 PHILIPPINE share prices recovered slightly yesterday after Monday's drop but are expected to move sideways until the market shrugs off the impact of Wall Street's latest plunge. The Manila Stock Exchange Composite Index firmed 2.66 points to close at 1,102.31. The index had lost 32.62 points on Monday. "The
        527 words
      • 485 27 TAIWAN share prices finished higher yesterday as investors regained some trading interest after local banks announced rate cuts on Monday, brokers said. The Weighted Index was 60.25 points higher to finish at 4,480.94 compared with Monday's 4,420.69 close. Turnover was NT$2l.5 billion against $20.4 billion. Dealers attributed the rise
        485 words
      • 872 27 SEOUL stocks continued their eightday decline yesterday as the news that Hyundai Group could not pay 136.1 billion won in tax evasion penalties further depressed the market sentiment, brokers said. "Modest buying of shares with low price earning ratio emerged early in the afternoon but the slight gains were
        872 words
      • 120 27 BOMBAY share prices ended mixed on Monday, undermined by higher carryforward charges for business done in the three weeks ending on Friday and rumours the government may devalue the rupee by 14 per cent, brokers said. But foreign exchange dealers do not expect a devaluation. "The government's top priority
        120 words
      • 594 27 Close PrHow Nov 19 AUSTRALIA All Ordinaries Index 1.656.8 1.646.5 -H0.3 All Industrials Index 2.590.2 2.576.5 13.7 All Resources Index 944 9 937.4 +7.5 Turnover (million) 103.95 128.37 -24.42 NEW ZEALAND NZSE-40 Capital unav 1.484 86 MANILft Composite Index 1.102.31 1.099.65 +2.66 Turnover (million) 1.160 1,440 -280 TAIPEI Weighted Price
        594 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Blue chips lead recovery on Wall Street
      • Article, Illustration
        1164 28 THE stock market steadied itself on Monday, with the Dow Jones Industrial Average regaining a quarter of the ground it lost in last Friday's drubbing. Action was hectic again, with volume surpassing even the heavy trading of the previous session. After plummeting 120.31 points last Friday, its worst
        1,164 words
      • Article, Illustration
        737 28 THE LONDON Stock Exchange closed lower on Monday after pulling back from its sharpest drop in three months, which followed a 120-point plunge on Wall Street last Friday. The blue-chip Financial Times Stock Exchange 100-Share Index closed at 2502.9 points, down 43.7 points. The narrower Financial Times 30 Index
        737 words
      • 328 28 GERMAN SHARES ended with only limited losses on the back of Wall Street's slide, as small volume buying by private investors and restrained selling by professionals helped prices stabilise. The 30-share DAX Index ended the session 17.44 points lower at 1,611.93, some 24 points above an early low of
        328 words
      • 207 28 THE BANK of France's shock decision to raise its key lending rates knocked the Paris bourse sharply lower on Monday, but support for French share prices emerged through the session. The central bank announced at 1234 GMT that it had raised its intervention rate by half a point to
        207 words
      • 180 28 ITALIAN SHARES followed the downward trend on other European markets, but brokers said selling pressure was eased by bourse watchdog Consob's temporary banning of short-selling. The Milan Bourse Index (MIB) dropped 10 points, or one per cent, to close at 987. Volume was thin near last Friday's 85 billion
        180 words
      • 297 28 SWISS SHARES ended an active session 2 per cent easier on Monday following Wall Street's 120-point fall, but off earlier lows. Dealers said Wall Street's firmer opening had triggered some late buying. The all-share SPI ended 22.0 points or 1.99 per cent down at 1,085.5. The day's low of
        297 words
      • 145 28 THE STOCKHOLM bourse all-share index closed 2.33 per cent down at 942.08 on Monday as a result of dramatic declines on Wall Street. "It was natural for the Swedish market to fall after Wall Street plunged, especially since foreign investors had pulled up the Swedish market earlier thisvear." one
        145 words
      • 174 28 BELGIAN SHARES ended lower on Monday but off the day's lows as bargain hunting in selected stocks supported the market. Dealers said Belgium suffered less than other European markets from the 120-point plunge in the Dow Jones index on Friday because Belgian institutional investors took the opportunity to buy
        174 words
      • 400 28 GOLD SHARES, aided by stronger world bullion prices, defied a widespread slide in local share prices on Monday in line with a global tumble after Wall Street's sell-off on Friday, dealers said. The overall index closed 2.01 per cent, or 71 points, lower at 3,464. The industrial index dropped
        400 words
      • 321 28 TORONTO STOCKS extended early losses on Monday and dropped to session lows after the Dow retreated into negative territory, dealers said. It's a "market driven by sentiment, not by fundamentals", a broker said. Toronto lost 40 points last Friday while the Dow tumbled 120, its fifth largest drop in
        321 words
      • 267 28 Nov 18 Close Previous NEW YORK Dow Jones 2.972.72 2.943 20 +29.52 S P 500 385.24 382.62 2.62 Turnover (million) 241.92 239.32 +2.6 LONDON Financial Times 30 1,914.9 1,948.6 -33.7 FTSE 100 2.502.9 2.546.6 -43.7 Turnover (million) 475.6 423.8 +51.8 FRANKFURT DAX Index 1.611.93 1,629.37 -17.44 AMSTERDAM EOE Index unav
        267 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1190 29 REPORTS ASIA Tokyo: The US dollar was slightly lower in late Asian trading yesterday after snoozing in narrow bands for most of the day due to a lack of incentives. "To make it short, the market is entirely dead," said Kaori
      1,190 words
    • 392 29 Cross rates Nov 19 I US$ S$ MS Dm Yen SFr AS NZS USS 1.6680 2.7370 1.6120 129.55 0.5591 1.4305 1.2731 1.7668 SS 0.5995 1.6409 0.9664 77.6679 0.3352 0.8576 0.7632 1.0592 MS 0.3654 0.6100 0.5890 47.3328 0.2043 0.5227 0.4651 0.6455 Dm 0.6203 1.0347 1.6979 80.37 0.3469 0.8874
      392 words
    • 534 29 Interbank rates ss Bid Offer Overnight 3 7/8 4 1-month 3 5/8 3 3/4 2-month 3 5/8 3 3/4 3-month 3 5/8 3 3/4 Overnight mode: 3-15/16 l-SS Bid Offer 7 days 4 13/16 4 15/16 1 month 4 3/4 4 7/8 2 months 5 1/16 5 3/16
      534 words
    • 397 29 PARIS The Bank of France raised its key intervention rate by half a percentage point on Monday in an attempt to defend the franc, only a month after lowering rates to stimulate the economy. The increase, which took the markets by
      397 words
    • 387 29 Reuter PHNOM PENH The US dollar has plunged on Cambodia's volatile kerbside market on the arrival of United Nations peacekeeping troops, money changers who control the currency market said on Monday. The US dollar was trading at an unofficial rate of 1.105 ricl last
      Reuter  -  387 words
    • 1119 29 SIMEX EUROOOLIAR Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.87 94.90 94.87 94.90 2691 ***** ***** Mar 92 95.07 95.10 95.07 95.10 3719 ***** ***** Jun 92 94.86 94.89 94.86 94.88 2500 9218 4266 Sep 92 94.56 94.60 94.56 94.58 1148 3923 1765 Dec 92
      1,119 words
  • Page 29 Advertisements

  • COMMODITIES
    • 408 30 Reuter LONDON Five non-Gulf Opec members are trying to overcome their frustration over the relatively low oil price by devising a different pricing strategy from the rest which could end up in a twotier market. The five Algeria. Gabon, Indonesia, Libya and
      Reuter  -  408 words
    • 281 30 Reuter HOUSTON The International Petroleum Exchange (IPE) said its biggest challenge in the 1990s would be to find new ways to extend its recent spectacular growth. "We've seen unprecedented growth. The challenge is to develop it by broadening our base of contracts and
      Reuter  -  281 words
    • 828 30 REPORTS THE PRICE of tin remained unchanged at M$ 14.65 a kg on the Kuala Lumpur Tin Market in quiet trading yesterday. Dealers said miners were not keen to sell much due to the market's fall on Monday on higher offerings. Overseas leads
      828 words
  • 1290 30 Rubber Nov 19 HAS (t» hi >«!««) S cents/kg Noon Close Int I RSS Prompt 134.50/135.50% 135.00/136.00N Int I RSS Dec 91 134.00/134 50 134.50/135 00 Int I RSS Jan 92 134.50/135.00 135 00/135.50 Int 2 RSS OP I3I.25/I33.25N 131.25/133 25N Int 3 RSS OP 129.00/130.00N 129 00/130 OON
    1,290 words
  • Page 30 Advertisements
    • 717 30 _B_U_S I NESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 International Factors (Singapore) Ltd A member of The EC ICS Group 5510,000,000 Series Three Floating Rate Notes Due 1994 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 15 November 1991 to 17
      717 words
    • 13 30 Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      13 words

  • THE TRAVEL PAGE
    • 1118 31 City FHght ETA Flight ETD UM DhaM GA895 1235 GA974 0001 GA886 0010 Adolaido QF81 2010 SQ227 2115 QF82 2115 XmMM GA895 1235 GA974 0001 KL837 1340 SQ24 2215 AthMS 0A471 0015 0A472 2240 SQ35 1650 Auckland NZ21 1700 NZ22 1820 SQ388 2035 Bandar Sari BI421
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    • 590 31  -  LETTER FROM ISTANBUL By Sree Kumar ISTANBUL is where the East meets the West. Striding the narrow straits, the Bosphorus, which separate the European continent from Asia, this is a city of magic carpets and mysticism. It used to be called Constantinople until 1453 when the Turks
      590 words
    • 150 31 As at 3pm yesterday: I >ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3053 1.3230 Canadian dollar 1.4620 1.4915 NZ dollar 0.9335 0.9666 Sterling pound 2.9702 3.0104 US dollar 1.6640 1.6700 Local dollars to 100 iinits of foreign current") Austrian schilling 14.50
      150 words
    • 86 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Nov 18-22 Nov 18-24 Nov 18-24 International Fleet ronies Components Exhibition Pacific International Trade Fair International Fair for Agriculture. France l.ima. Peru Lima SDSA Feria Internacional Del Pacifico Feria Internacional Del Pacitlco 33I4<XN6000 <51 >14/52.81 40 (51)14/52.81
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  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 216 31 1 Schooling requires one to mould, condition and train II He composed some popular, new songs (4) tennis umpire, perhaps Cornish silver (4) I I I I I I I I I I 1 I 24 Bird register containing London area (8) ishness (6) old entry (7) 5 p ve
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    • 162 31 Singapore Outlook: Showers over several areas in the afternoon. Report; Maximum temperature 30.5 Assoc humidity 73% Minimum temperature 24.4 Assoc humidity 96% Hours of sunshine 3.05 Rainfall in mm Trace Rainfall this month 54.4 Rainy days this month 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/12 Showers Bangkok 32/23 Tstorm
      162 words
    • 24 31 <Z23?3E2r, Uhot goes on TAKg A C.V mind of a director ujhen firrn qoes "to frht u>aU IK fvst' fFu"-*-8554 ASSOCIATED NEWSPAPERS LTD IM2-IMI
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  • 382 32 Agencies. TOKYO In the latest effort to reduce its swelling trade deficit, Japan announced plans yesterday to make it easier for foreign companies to bid for government contracts. The programme would extend the bidding period from 40 to
    Agencies.  -  382 words
  • 301 32 AFP SEOUL South Korea's government yesterday launched an investigation into the assets of the controversial founder of the Hyundai group and his relatives after he publicly defied a multi-million-dollar tax levy. The National Tax Administration (NTA) started looking into the assets of Chung Ju
    AFP  -  301 words
  • 279 32 Reuter BEIJING China's production figures for October showed high economic growth, but there were danger signs that credit supply and state expenditures were rising too fast, and exports were flagging, an official newspaper said yesterday. China's October industrial output was 204.5 billion
    Reuter  -  279 words
  • 346 32 JAKARTA Indonesian President Suharto yesterday named a seven-member body to carry out a "free, detailed and just" inquiry into the shooting in East Timor last week, as labour unions in Australia imposed bans on handling goods from Indonesia and industrial work affecting
    346 words
  • 498 32  -  From William Chia in KUALA LUMPUR WHILE Singapore and Malaysia will not always agree on every issue, the two countries have been able to resolve bilateral problems in a spirit of cooperation and goodwill. The strong bonds of friendship between the two neighbours came across
    498 words
  • 448 32 Recent radical economic reforms are just the beginning Agencies NEW DELHI Radical reforms of India's rule-bound economy launched four months ago are just a beginning and more change is on the way, government leaders say. "India is entering an exciting new phase of development," said
    Agencies  -  448 words
  • 402 32 Reuter JAKARTA Indonesia's central bank has announced rules to back up limits on offshore commercial borrowing, fearing its rapid increase is worsening an already large current account deficit and increasing the country's debt risk. "It's necessary to maintain international confidence in Indonesia. So
    Reuter  -  402 words
  • 159 32 Reuter LONDON Britain's recession was officially reported yesterday to have come to an end, but the champagne remained on ice. After a year of decline, output finally rose but the increase in third-quarter gross domestic product was due to higher North Sea oil production
    Reuter  -  159 words
  • Page 32 Advertisements

  • Shipping Times
    • 273 33  -  By Rahita Elias SINGAPORE Neptune Orient Line's wholly-owned subsidiary UK Trident Shipping Agencies has received a stamp of approval from a quality certification body which is part of ship classification society Bureau Veritas. According to an NOL statement, UK Trident's award of
      273 words
    • 1266 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 •APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCL
      1,266 words
    • 663 33  -  Demand based on survey finding expected to benefit local yards By Selva Kumar SINGAPORE Repairs and life extension work on the world's ageing tanker fleet are estimated to cost US$l billion (S$ 1.69 billion) over the next three years, a development that will keep
      663 words
    • 306 33 SINGAPORE In a bid to strengthen its presence in the Asia-Pacific, UK-based shipbrokers H Clarkson and Company Ltd has become a majority shareholder of its local company, Seadragon Maritime. At the same time, it has appointed a senior director from London, Mr Nick
      306 words
    • NEWS SUMMARY
      • 35 33 INGAR SKAUG, president and chief executive officer of Wilhelmsen Lines, Oslo, gave a speech at the Halifax Port Days 91 recently, of which the main parts are reproduced Page 2
        35 words
      • 54 33 A DRAW-DOWN of Japanese fuel oil stocks and barge congestion in Tokyo is pushing Japanese shipowners to switch back to Singapore and other ports for bunker fuel oil. Most Japanese bunker suppliers have suspended quotations to supply fuel oil until the end
        54 words
      • 35 33 DEUTSCHE Lufthansa AG and Japan Airlines Co Ltd (JAL) signed a cooperation agreement to further strengthen and broaden their relationship, Juergen Weber, chairman of Lufthansa's executive board, said Back Page
        35 words
      • 71 33 KUWAITI waters and shipping lanes are free of mines sown by Iraq and are now safe and navigable, a Kuwaiti official and Western sources say. US Rear Admiral Ray Taylor, commander of the US Naval Forces Central Command, said on Tuesday Kuwaiti naval
        71 words
    • 927 34 Ingar Skaug, president and chief executive officer of Wilhelmsen Lines, Oslo, gave a speech at the Halifax Port Days 91 recently. Reproduced below are the main parts of his speech WHAT will be the future of international trade? Despite their flaws, forecasts of international trade
      927 words
    • 1112 34 GRAIN freight rates on Monday eased further in the Atlantic with Pacific routes static after Friday's fall, but other charter sectors looked steadier, brokers said. Uncertainty over Soviet solvency was delaying US credit decisions and undermining sentiment in grain, they said. The Baltic Freight Index was marked down
      1,112 words
    • 9651 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
      9,651 words
    • SHIPS IN PORT
      • 610 49 Vessel Voy No Berth Arrival Departore 1 Vessel Voy No Berth km* Departve Marina Terminal 1 Batam Baru B107 M04 alongside 2011/2300 Batam Sayang *****1 M04 alongside 1911/2300 Citra Jaya *****1 M04 aiongsde 2011/2300 Garuda G23 M05 2011/2300 Kabanjahe 43/91 M02 alongside 1911/2300 Mahkota Exp *****1 M05
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      • 133 49 hlwi Port '.Berth: 1: Pernas Safari; 2: Dong Dhap; 3: Dai Yun Shan; 4; .TWtn; 5; Barorua; 6; Weser Star. *til jetty: Iso Kaze, Bum Han. DCi nil. An on Nov 19: Tbilisi, Southern Queen, Vilyuysk, Semarak, Bunga Butang. Due on Nov 20: Ntkolay Semashk, Wan Hai
        133 words
      • 859 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Mts Ship Voy No Etb/Btr Period From To From < >Ce Concord 24W 24/0900 1 Cancelled 2 Cancelled ttX Jade 59A 20/1600 I 19/1500 19/1659 19/1900 KX Uy 17B 22/1600 3 20/0700 20/1159 20/1*00 4 20/1200 20/1459 20/1700
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    • 577 50 Reuter SINGAPORE A drawdown of Japanese fuel oil stocks and barge congestion in Tokyo is pushing Japanese shipowners to switch back to Singapore and other ports for bunker fuel oil. Most Japanese bunker suppliers have suspended quotations to supply fuel oil
      Reuter  -  577 words
    • 405 50 AFP, Reuter TOKYO Deutsche Lufthansa AG and Japan Airlines Co Ltd (JAL) signed a cooperation agreement to further strengthen and broaden their relationship, Juergen Weber, chairman of Lufthansa's executive board, said. "This agreement is based on a very successful relationship which started 30 years ago,"
      AFP,; Reuter  -  405 words
    • 250 50 Reuter KUWAIT Kuwaiti waters and shipping lanes are free of mines sown by Iraq and are now safe and navigable, a Kuwaiti official and Western sources say. "The Kuwaiti waters and shipping lanes are safe and clear of mines," Abdel al-Rah man
      Reuter  -  250 words
  • Page 33 Advertisements
    • 288 33 Ums MrvkM NprMuM llirtTi «f tho Registry «f Accredited For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090. Asia North America Eastbound Rate Agreement T.H.C. At Singapore Shippers are advised that the Member Lines of A.N.E.R.A. will be introducing a Terminal Handling Charge of S$ 150 per 20 ft. container, and
      288 words
    • 178 33 'If *yo l TEL: 861 471 I FAX: 862 4711 1 international I Shipping Systems I NOW At NO-RISK! I Full installation refund I I within the first 4 weeks I B if the module I I "Documentation Systems" I I does not go live I 41 _-?5_ MISS, the
      178 words
    • 28 33 Contend SdwMe 17 My Frwfhfe 2 moex to Aovcnoßrs i Slwng Cube 10.lt Shps in Port 17 Support frits 17 Transport Omy 3 Weather and Sea ComMnm 17
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  • Page 34 Advertisements
    • 202 34 I lour UPS Parcel Has Started To Clear Customs. Before It's Cleared For Take-Off. By the time your express parcel or document takes off to its international destination, the process of customs clearance has already begun. Before it arrives, our local customs experts will know when to expect it and
      202 words
    • 33 34 Tfce Weekly Freights report was not available at press time. Offshore Supply Boat for Drilling Rig or Platforms. Available for Charter. Deadweight 1240MT Length 82M Breadth 42M parties, please call Tel. 278 4447
      33 words

  • Page 35 Advertisements
    • 2431 35 OOCL (S) PTE LTD JAROWE SHIPPING AGENCIES «tlf#A TEL *****11 FAX *****09 \%MWWW BOOKINGS TEL: *****34 *****58 VffffßM W TERMINAL/CFS TEL: *****18-220 F Rflml fl PESAKA JAROINE SHIPPING AGENCIES SON. BHD. j, WWW PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL *****4 FAX *****1 CFS TEL *****6 SSSS Dedicated
      2,431 words
    • 1869 35 TRANSPORT DIARY No* 21: A I-day seminar on the topics of Demurrage. Ship Financing. General Average and Tanker Chartering organised by the Baltic International Maritime Council (B1MCO) at the Singapore Port Institute. For further information and registration. please contact SNSA at tel: 278-3464. Nov 21-22: Seminar on International Trade Finance.
      1,869 words
    • 1505 35 ■Dmama TWO SAILINGS TO EUROPE REGINA MAERSK V.9114 ETA SIN 21/11/91 ORIENTAL RAY V.0570 ETA SIN 23/11/91 V«MI Voy ETA I ETO FaMer by DESTINATIONS WorW Lynx/ Johanna to Tht» week Marie Maarak 9202 CV 26/11 0000 HRS Port ■■■■■■I HH CFS 25/11 2368 MRS Keiang Penang OAK LOB HOU
      1,505 words

  • Page 36 Advertisements
    • 1053 36 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP L£ HAVRE KURAMA 13/140 21/11 15/12 11/12 10/12 FRANKFURT EXPRESS 59/346 24/11 11/12 13/12 10/12 17/12 HMSila KASUGA I 18/147 28/11 21/12 17/12 10/12 i in M.mmm DRESDEN EXPRESS 02/347 1/12 18/12 20/12 23/12 a*.~*'?Srr KAMAKURA 20/148 5/12 28/12 20/12 23/12 MONTE
      1,053 words
    • 744 36 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 12/12 15/12 21/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF VAP CLX IMPERIAL 2901Et3 27/11 VI 5/1 11/1 12/1 ALSO ACCEPTMG CARGO TO ARICA.
      744 words
    • 1556 36 1 RMfcßi jßk mwj& MJStWM REGULAR IPEPEWOEHT FULL CONTAINEW SERVICE WESTBGund Mr EUROPE W-/WI SM AIG BCL HAM BRE ROT ANT Fa LHA («U (VM (VIA ALG) HAM) ROT) USX! Hi /n 11/12 17/12 20/12 72/12 21/12 23/12 22/12 23/12 "(J 2 w} 2 24/12 27/12 29/12 21/12 30/12 20/12
      1,556 words

  • Page 37 Advertisements
    • 2007 37 zzfigSteamers Maritime Holdings Ltd If Pffrfl m!■ STRAITS SHIPPING Containers BuB*Br~ZZ *o» No Kl« H'Noni #PM S par* Al Sou Ant Do) Hk| REG*IA MAERSK 4114 15/11 11/11 17/11 21/11 OS/1?- 00/12 09/1? 11/1? ACCEPTS DW SAH.S ORSNTAL BAT 0570 ?0/ll 17/11 23/11 10/12 12/12 U/12 CARGO lEBE MAERSK 9114
      2,007 words
    • 2237 37 TO: U.8.A./PANAMA FM: U.8.A./PANAMA kbh wi om to cm w w wo* htc «t«ti/w»T htc nor ia« aa to om CHOTANC WORLD EFI4O 21/11 17/12 1«/12 27/12 31/17 1/1 3/1 4/1 W« SNATO* "A I*o 10/10 11/10 11/10 11/10 27/10 20/10 27/11 CHO TANG GMNT EF2OI 30/11 24/12 25/12 1/1
      2,237 words
    • 431 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS waa Ivor Isr ["Sue flu TVUUNG (UK* 1 ao HPT DONG HQ 1 I Z "SB luj cosmc nuoa 21 m« 24/11 »m NMOYA "73 23/11 T 1 Sf*l rw "35 23/11 24/11 COSMC MASTti 4 24/11 I I mm MOON
      431 words

  • Page 38 Advertisements
    • 516 38 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI WOT SPORE ROAM ADAM H'BURG BREMEN ANTWERP SRIWJATA 33W8 13/12 13/1 17/1 22/1 25/1 RUTM/24N8 4/1 6/2 11/2 15/2 20/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub(«ct to lnduc«m«nl. Alao accepting cargo to Casablanca, Poet Said, Port Alexandria, Ganoa, Trlast* ALSO
      516 words
    • 814 38 HANJIN SHIPPING DIRECT FORTNIGHTLY SERVICE TO COMING VESSEL CHONG SUK VOY 590E ETA SINGAPORE 25 TH NOV 91 ETA SYDNEY 08/12/91 (12 DAYS) ETA MELBOURNE -12/12/91 (15 DAYS) PLEASE CALL US TEL NO: *****88 CROWN MARINE CO PTE LTD FOR BOOKING PLEASE CONTACT* TAY CHEE WEE EXT 227 RADIYAH EXT
      814 words
    • 1199 38 -J .T jTTqqim I w»*t«antmiioa m m lu c« w wrc it* w« mwwnoat nu v I f oty n/n n/n »/u n/u a/n t/u 3/12 vu o/it 7/12 1/*****2 1/1 s/i 1/1 is/i 111 17/ 1 111 20/1 21/1 o/t u/t 11/2 I 1 25W2?* ,/U a/ U 4/l
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  • Page 39 Advertisements
    • 1942 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TR: *****77 ICR NO: **********0E) BOOKINGS: NEPTUNEUNK TEL *****00 UK/EUROPE SERVICE *****19 USA SERVICE- *****16 AUST/INDIA/PAK SERVICE =*****18 FAR EAST SERVICE :27 ***** MW TERMINAL OFFICE *****22 DOCUMENTATION DEPT *****44/*****14 CFS: MB2 IMPORT *****368/*****60 CFS: MB2 EXPORT *****63/*****04 NEPUNE SON BHD MALAYSIA K.L.-(03) *****33, P.
      1,942 words
    • 1033 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) FULL CONTAINERSHIP SERVICES l EASTBOUWD-OISOWKCWG WESTBOUPC-LOAOWG THWBWftD KOTTBOM j •ratis ior pat Imi* fiic lay |m pic [mi fri
      1,033 words

  • Page 40 Advertisements
    • 1498 40 KTT^' AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244C*****0M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 i r%| M MALAYSIA: "K* UNE MARITIME (MALAYSIA) SDN BHD I JB* JL m m TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALfT INTERNUSA TEL: JKT *****76. *****77.
      1,498 words
    • 1313 40 V© PHIU-OmCNT UN€S PT€ LTD I®® Robinson Road #07-00 GMG Building Singapore 0106 T *l: *****22/*****69/*****00 Totex: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU flflj MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 23 NOV MJSCAT'^RAII^ABU ABBAS 25 NOV MONTREAI OTTAWA. TORONTO.
      1,313 words

  • Page 41 Advertisements
    • 1194 41 aaaOff pacific international lines (pte> lti ml PH. Bunding, 140 Cecil Street *0300. Singaporeolo6. [JAKARTA BANGKOK I VESSEL VOV SIN JUT SIN VESSEL VOY SIN BKK SIN SUNOA TERATAI 473 24/11 29/11 1/12 PEGASUS PROGRESS M3N 22/11 29/11 20/11 EOEN 441 26/11 2S/11 3/12 JENLINK TON 23/11 28/11 30/11 EQUATOR
      1,194 words
    • 993 41 BEN LINE CONTAINERS LTD I 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 I Singapore 0208. Telex: RS ***** I EXPRESS CONTAINER SERVICE TO UK/CONTINENT I VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN I City of Edinburgh 416 21/11 13/12 14/12
      993 words
    • 445 41 M MYANMA ■Bk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.KIf Pen P.Gdj HPA AN VIC9N 2S/2S Nav PWYA VIIIW 30/2 Dec PAGAN *176* 30/2 Oac HPA AN ¥170* 7/9 OK THE BANK UNE (A Mrvic* of Andrew W«ir Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT
      445 words


  • Page 43 Advertisements
    • 746 43 ■nvmnpiMm ■TTjIIIJ in ill lIBfWffM ScanDutchO 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY BtIOtWVIBML PKLAMO PEMAMO OCEAN VEBOEL BIN LI HAVM(I) ROAM(a) OHAMrTONQ) WUWO(4) Q-QUIKI (t) B. Saraia/« Bhun 10/11 8/11 9/11 7/11 My o< EdMwfh/41C 21/11 11/12 14/12 I Sataa/W Mud 19/11 17/11 14/11 U/U Miia/421 24/11 12/12 13/12 15/12
      746 words
    • 665 43 Nedlloyd NEDLLOYD MEDITERRANEAN Nedlloyd Lines SERVICE OFFERS YOU 17 DAYS TO BEIRUT NEW ZEALAND/FLU 1 VESSEL Jkt P.K| *Pan «Bkk Sn Sbaya Auckland Fiji(A) N.Ptymauth(A) Timaru Lyttalton(B) Owm*(B) Napm Nalnfteß(C) Tawanga N Rotterdam/9128S 23/11 25/11 25/11 25/11 26/11 29/11 13/12 20/12 14/12 16/12 17/12 17/12 U/12 19/12 20/12 N. Rouet)/9129S
      665 words

  • Page 44 Advertisements
    • 829 44 TO AUSTRALIA/NEW ZEALANO |fr»m 1 1Mb |S>4 |Auck |NK |p CHAIM MAATHA IMI 21/U 27/11 J/12 •/12 11/12 13/12 14/12 IUW UK 212 I7IT J/12 14/12 11/12 24/12 ***** nusul2t3 \9/i2 2t/12 "571 575 uTi 7771 C «WXMI 214 J/1 12/1 17/1 21/1 21/1 lioTI TO USA/CANADA [sii I GUt
      829 words
    • 864 44 Mlilli'liMilßl— EXPORTS TO HONGKONG. TAIWAN. MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND VOY PHI FIN MT SM IMM HKG KAO KEE TYO SM2 NM) KW~|| VESSEL VOY [SW |PKI PEN BIW SW ACXUY 178 *1711 *1511 1911 2211 26 11 21 11 312 4125 12 ACX RUBY 31A
      864 words
    • 218 44 SEAWARD SHIPPING AND TRADING CO (S| PTE LTD ETA ETA ETA SPORE PORT KELANG PEMANS BLUE lADE 78 11 loaJmj lor Mm RINAI HUOHU 2/12 Loading tor Calcutta DOWN 1/12 loadmi For Male PttWl SUPREME 2/12 loading For Malt DONAXmM M PORT Loaded For Feiwaru PROGRESS L»n 25/12 22/11 20/11
      218 words
    • 1584 44 /Sa TB i& vf- is. aj r\ tgP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE prxil SINGAPORE'S GENERAL AGENTS I«*»1 MWTI ?1 -Hi COSTAR SHIPPING PTE LTD PT. GLOBAL PUTRA r T?ri 30 INDOfCSIA MARITIME POMNG TEL (***** IU: MA ***** TELEX: RS *****/1 COSHP JKT -TE (021)361(37. 3(17(4
      1,584 words

  • Page 45 Advertisements
    • 682 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 'Sr HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/TI ROTTERDAM 24/11 HAIFA/ASHOOD/ALEXANDRIA 26/11 HAMBURG/BREMEN 24/11 MARSEILLE/FRANCE 26/11 FEUXSTOWE/UK 24/11 BARCELONA/SPAIN 26/11 LEHAVRE/ANTWERP 24/11 GENOA/ITALY 24/11 GOTHENBURG/SCANDINAVIA 24/11 LOS ANGELES/WC/IPI 25/11 SYDNEY/MELBOURNE 25/TI NEW YORK/EC 25/TI FREMANTLE 24/11 VANCOUVER 26/TI BRISBANE/ADELAIDE
      682 words
    • 1008 45 fen RICHFIELD MARINE AGENCIES (S) PTE LTO T* l *****33 (12 Un«) M FAX: *****15/*****03 QJj TELEX: RS ***** RIBHIP (3 Lines) \\W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANOINET 25W8 16/12 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA ABYOT
      1,008 words
    • 819 45 JAKARTA BANGKOK I ww m ki 11 nam jjjjjgg iiwi KITI BHUM MS 21/11 24/11 lARU BHUM## 05N In Pt 20/11 Sat 22/H AM BHUM UK "/II 21/11 HAW BHUM* lON In Pt 20/11 Sat 22/11 EAGLE BHUM 142 24/11 29/11 NANTA BHUM (7N Thw 21/11 Stai 24/U KITI BHUM
      819 words

  • Page 46 Advertisements
    • 1499 46 MAC-NELS S'PORE MPORT:'22I6OO2 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 FTN SIN i oc/11 97/ ii 00/,, .M-/C. Cotombo 22/11 23/11 24/11 i i !c;i i o!/, Durban/Pt Louis 28/11 29/11 30/11
      1,499 words
    • 1181 46 I THONG SOON LINES PTE. LTD:-*: 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 > -C TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CQNYEHTI9HAL/CPHTAIHEB CONTAIN!* SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA ttSSEL [VOT [EH IIEST VESSEL VtT SftlE >.
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  • Page 47 Advertisements
    • 823 47 \K^^^compah3^EßUAN^^^ vBQL DE VAPORES "PERUVIAN STATE LINE" ACCEPTWG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, ILO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. PounC* P Kttont Smjapoie E'Mm SHAPLAEVERETT 02/03 Dec KAMAIEVERETT 23/24 Dec 25/26 Otc 23/30 0«c MMIIWTT 11/12 Jw W!S "EVERETT ORIENT LINE"
      823 words
    • 455 47 C23Z I MES) N.AMERICA/CARRIBEAN SERVICES wsai Ivor Ism hmtwn Ua« hsi Isav Inyc hr« m tmeste us 23/u m korea 21/12 s/i t/i 11/1 u/i M HAIFA 70C 1/12 M HONGKONG 3/1 13/1 17/1 11/1 21/1 M GENOA UK S/12 M HONGKONG 3/1 15/1 17/1 11/1 21/1 Accqrtnt carp It:
      455 words
    • 567 47 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABEROEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ALL
      567 words
    • 474 47 PERINTIS LINE 11 II jPBBHBIBBiWHIWffIWIIBhy ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY DASA LIMA 937 20/11 23/11 I DERAJAT 963 21/11 24/11 PELOPOR 1015 23/11 26/11 DERAJAT 964 25/11 01/12 TANTO UTAMA 207 21/11 24/11 BONTANG PACIFIC 118 21/11 24/11 j TANTO UTAMA 209
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    • 354 47 SM FM EAST 25/11 KEELUNG/KAOHSIUNG 23/11 BANGKOK 25/11 MANILA/CEBU 26/11 JAKARTA/BELAWAN/SURABAYA 23/11 PORT KELANG/PENANG/E. Malaysia 25/11 BUSAN 24/11 TOKYO/YOKO/KOBE/NGO/OSA 25/11 HONG KONG SIN CHINA 25/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 24/11 LDN/FLX/LVP/SOU 24/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA/CAMP* 24/11 LOS
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  • Page 48 Advertisements
    • 880 48 ESU FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BANGKOK VBL BIN/MADHAB VBL SIW/C ALCUTT A VSL SIN/BANGKOK SJN hUA SM 3M CAI SM SM BKK *1! AVAIABU 24-25/11 01 03/12 W 10/12 NUT UUUU 20 20/11 X JO/11 OS 07/12 NEXT MM.MU In Pt 23 Nw 25-25/11 05 07/12 13-14/12
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    • 504 48 BontermJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO:POUT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 24/11 1/11 JAKARTA CONTERM EDEN 21/11 3/11 PENANG CONTERM SEROJA 25/11 9/11 PORT KELANG CONTERM BHUM 24/11 1/11 AUCKLAND CONTERM PREMO 21/10 11/12 FREMANUE CONTERM
      504 words
    • 505 48 CUJI conrnv mTEmapRiS General Agents: 7KAA/S-l/A/K_ QfHk PENANG— KL: allied-LINK SINGAPORE: //T^\ 04r*****2 *****8955 778 6522(22 lines) (SEES Mortow Ong Ng/Phlllp Km Irene Cher>g/E»ther Yap IBS KIM SHIPPING 1 E3 Td: *****11 Fu: *****5S CONTAHER/RO-RO/BREAKBULK SERVICES VESSEL VOY I SM I DAM DUS JED SAUOI HOFUF FEA 055 25/11 4/12
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    • 450 48 MANILA ETA VIGOUR PACIFIC 50NB 23/U VIGOUR SINGAPORE 14NB 30/11 BANGKOK 23/11 30/11 BUSAN 25/11 2/12 HONGKONG 22/11 29/11 DURBAN/PT LOUIS 1/12 U/12 KEELUNG 25/11 2/12 USA 25/11 2/12 PT KELANG 22/11 26/11 KOBE 26/11 3/12 PIRAEUS 23/11 3/12 OSAKA 30/11 5/12 JAKARTA 22/11 26/11 SURABAYA 24/11 25/11 CHINESE-POLISH I
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  • Page 49 Advertisements
    • 16 49 investing in f-iil .-.v ■e" V"* the Stock Market. I Every V" Saturday in Business Times
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    • 305 49 Oc vOc \Qc vOc vO c vQc vQc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUQMOB WRH WORLDWIDE NETWORK f) J Weekly FCIACL Sendees U > USA EUROPE FAR EAST V BaMrore: Votalner Consolidation Services g ttWxjrg: Van Ommeren Hamburg
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  • Page 49 Miscellaneous
    • 293 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 NOO *************************5001CM**********00 2000 2100 2200 2300 JR 20 16 13 1.1 10 1.1 14 20 2.5 2.9 29 28 23 18 12 08 06 05 07 1.1 1.7 2.2 2.4 2.5 PP 20
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  • Page 50 Advertisements
    • 930 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST rasa w w rm m it him. wt mo lbh oak «a lbe haul wr mo rai/g* ptl NAN HM 206 NOO5 11/U 11/U 21/U H. EXPIOK* 441 29/U 16/12 19/12
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    • 138 50 g§g PT. CELEBES LINES Weekly FCL LCL Shipping Services General Agents: Common Freight Carriers pte ltd. \\r 7 KEPPCL MMO #01-2S TANJONG PftGAH COMPLEX V SMGAfORC 0201 TEL: *****55 TILE* RS ***** FAX: *****92, *****(9 Nrtiwt Cwh -CM CK**********0W TWICE WEEKLY SAILWGS PAS* GUOANG/SINGAPORE VESSEL JOSINDO SATU SOUTH BOUND NORTH
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    • 495 50 CHARTPOINT Every Saturday in Business Times I EUROPEAN I I ECONOMIC COMMUNITY I I Germany Holland Belgium I ■UK France I Italy Spain I I I Departures Every Sunday I I SIM JKT PKL tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3| tax__*****sg_ *****14 *****88 *****8 *****17 *****79 *****5
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