The Business Times, 21 November 1991

Microfilm: NL17724
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E AS/A MCI (P) 16/12/90 Thursday, November 21, 1991 75*
    16 words
  • NEWS SUMMARY
    • Article
      Soviet republican council adopts crisis budget
      57 1 MOSCOW The council of Soviet republican leaders has adopted a crisis budget for the fourth quarter showing a deficit of 110 billion rubles (S$ 109.9 billion), Soviet President Mikhail Gorbachev told the Supreme Soviet yesterday. But the Russian Federation voted against the exceptional budget,
      57 words
    • Article
      US housing starts for October up 7.3pc
      52 1 WASHINGTON Housing starts in the US rose 7.3 per cent in October after falling a revised 3.3 per cent in September, the Commerce Department announced yesterday. The department also revised its previous estimate for September, which noted a 2.2 per cent decline in
      52 words
    • Article
      Move into Wales
      31 1 SINGAPORE'S Mayor Pte Ltd, maker of power supply cords and power cord sets, has made a £1.5 million (554.85 million) greenfield manufacturing investment in West Wales Page 2
      31 words
    • Article
      Sony profit falls
      44 1 JAPAN'S Sony Corp, hit by a strong yen and a weak audiovisual market at home, has reported that its net consolidated profit fell 13.3 per cent to 45 billion yen (about Sss7l million) in the six months to September Page 2
      44 words
    • Article
      Building crash seen
      19 1 A CRASH in Thailand's office building market looks imminent in the next two years Page 10
      19 words
    • Article
      Better days for Manila
      35 1 THE Philippines can expect economic growth to pick up in the closing months of the year, after a dismal first half, says the Hongkong-based Political and Economic Risk Consultancy Page 10
      35 words
    • Article
      Not that bad
      20 1 THE industrial electronics sector worldwide may be slowing, but not all the chips are down Page 12
      20 words
    • Article
      Dunhill philosophy
      19 1 THE Dunhill philosophy is clean to make very well-made, high-quality luxury goods, says its chairman Page 15
      19 words
    • Article
      Shippers to pay more
      36 1 SHIPPERS will have to pay more in the New Year for goods shipped from the US to Asia on member lines of the Transpacific Westbound Rate Agreement (TWRA). Shipping Times Page I
      36 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      26 1 PRICES on Wall Street opened higher yesterday with the leading indicator gaining 13.64 points to stand at 2,945.21 points five minutes after trading began.
      26 words
    • Article
      Footsie higher
      34 1 LONDON shares were higher at midday yesterday, in light trading ahead of Wall Street's opening. At 1200 GMT, the FTSE 100-Share Index was up 15.2 points, or 0.6 per cent, at 2,478.3.
      34 words
    • Article
      Rationalisation move
      22 1 SAPURA Telecommunications Bhd and Uniphone Telecommunications have revealed a major rationalisation exercise to help boost their payphone business Page 6
      22 words
    • Article
      Sembeth wins contract
      27 1 SEMBAWANG Bethlehem Pte Ltd (Sembeth), part of the Sembawang Group, has won a $40 million contract to build a 11,500-deadweight-tonne product tanker Page 6
      27 words
    • Article
      KIO re-examined
      31 1 THE Kuwait Investment Office's partial dilution of its stake in Sime Darby and the recent acquisition of PT Bakrie shares must be viewed in the proper context Page 6
      31 words
    • Article
      Reliance striking out
      31 1 RELIANCE Industries Ltd, considered the third-largest industrial group in India today behind the Tatas and the Birlas, plans to go global in the international stock markets Page 8
      31 words
    • Article
      Morgan named adviser
      26 1 MORGAN Grenfell Asia Limited, a Singapore merchant Bank, has been appointed the financial adviser to two major port-related projects in Thailand Page 9
      26 words
    • Article
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 702.57 +0.98 Kuala Lumpur ...535.72 +2.08 Tokyo 23,199.86 -127 Hongkong 4,200.94 -60.29 Sydney 1,629.7 -26.3 Tuesday Change New York 2,931.57 -41.15 London 2,463.1 -39.8
      29 words
    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6675 100 Yen SS 1.2876 MS SS 0.6089 Money market rates Overnight 3 3/4% -1/8 3-month 3 5/8 unch
      24 words
    • Article
      COMMODITIES
      38 1 London Gold AM fix US$362.55 US$2.70 Rubber S'pore Dec 134.50*/kg unch M'sia Dec 222.0 '/kg unch KL Tin Turnover 25 tonnes -16 Spot M$ 14.64/kg -0.01 Crude palm oil Turnover 943 lots +205 Feb MS864 /tonne +1
      38 words
  • Article
    Hong Fok unit wins major HK housing tender
    309 1  -  Winfoong's bid worth HKs2Bsm By Salil Tripathi SINGAPORE Hong Fok Corp's Hongkong arm, Winfoong Investment Ltd, has won a major HKS2BS million (about Ss6l million) tender for a housing project in Hongkong. The bid was made by Winfoong Development, a wholly-owned subsidiary
    309 words
  • Article
    Lock icon Business optimism down in US but up worldwide: survey
    330 1 Reuter NEW YORK US business executives have grown more pessimistic about fourthquarter sales and profits while their counterparts overseas have become a bit more bullish, according to a new survey released on Tuesday. Dun Bradstreet Corp, a business information company, said
    Reuter  -  330 words
  • Article
    Lock icon GNP in '92 seen to grow by maximum of 2.5pc
    145 1 Reuter ATLANTA, Georgia The president of the Federal Reserve Bank of Atlanta said on Tuesday that the US gross national product should grow by no more than 2.5 per cent in 1992. "It's going to be a very, very mild
    Reuter  -  145 words
  • Article
    Lum Chang Securities director charged over share purchases
    329 1  -  By I Lee Han Shih SINGAPORE Lum Chang Securities (LCS) director Winston Tan Kay Miang was charged on Tuesday by the Commercial Affairs Department with having allowed LCS to buy the shares of its listed parent company, Lum Chang Holdings. Tan is
    329 words
  • Article
    Lock icon Depositors may get US$3-4b
    198 1 The BCCI collapse AFP ABU DHABI Abu Dhabi may pay between US$3 billion (Sss billion) and US$4 billion in compensation to depositors with the disgraced Bank of Credit and Commerce International (BCCI), a Gulf newspaper reported yesterday. The Gulf News said the sum had originally been
    AFP  -  198 words
  • Article, Illustration
    Wall St jitters cause Asian bourses to end weaker
    270 1 SINGAPORE Asian stock markets again reacted negatively to Wall Street jitters and ended weaker yesterday. Singapore, however, bucked the regional trend after recouping early losses to close firmer on bargain-hunting for blue chips by institutions, brokers said. Singapore's key Straits Times
    270 words
  • Article
    Lock icon New Viet law allows special economic zones
    351 1 AFP HANOI Vietnam's government has passed a law allowing the opening of special economic zones in a bid to attract foreign investment and technology, the official Vietnamese Information Agency has announced. According to the statute, the "export processing zones" will be devoted to
    AFP  -  351 words
  • Article
    Lock icon Taipei plans to let financial firms invest in China
    193 1 Reuter TAIPEI Taiwan is planning to lift a four-decadc-old ban on investment by banks and other financial companies in China, officials said yesterday. The Finance Ministry had decided not to oppose investment by banks, insurance companies and securities firms on the
    Reuter  -  193 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      255 1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone 235 1333 Kuaia Lumper Phone 757 0233 Peaang: Phone. *****5/*****4 Jakarta: Phone. 374 065/380 1472 Ad Marketing 15 Money Changer Rates 31 World Stock Markets 28 Aircraft Schedule 31 Money Market 29 Commodities 30 Regional News 10 Company News 6,8 Regional
      255 words
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      Page 1 Advertisements Column 2
      29 1 IV f m I I W Right ingredients for economic cooperation, Pg 13 CHECK THE TIME TO CHECK THE TIDE i ft HHK Tidal range indicator sfelKO <> i, ZW,f*
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  • PAGE 2 NEWS
    • Article
      S'pore cable maker makes £1.5m investment in Wales
      358 2  -  Jy Schutz Lee SINGAPORE A Singapore manufacturer of power supply cords and moulded cable accessories has made a £1.5 million (about 554.5 million) greenfield manufacturing investment in Wales, which it says is the first by a Singapore company in Britain. The plant
      358 words
    • Article
      N Ireland trade mission wooing S'pore firms
      292 2  -  By Joseph Rajendran, Schutz Lee SINGAPORE The Industrial Development Board of Northern Ireland is courting Singapore companies to help expand Belfast's exports and invest in its industries. For a start, the board has brought a trade mission of 11 companies to Singapore. At
      292 words
    • Article, Illustration
      Subsidiaries of Japanese, US firms do well in UK
      285 2 SINGAPORE American and Japanese investors have found the performance of their UK subsidiaries has exceeded their expectations, says the head of the Invest Britain Bureau. They were attracted initially by the ease of doing business in English, Mr Christopher Priston said
      285 words
    • Article
      Lock icon Strong yen, weak AV market erode Sony's profit
      447 2 Net consolidated profit down 13pc AFP TOKYO Hurt by a strong yen and a weak audio-visual market at home, Japan's Sony Corp said yesterday that its net consolidated profit dived 13.3 per cent to 45 billion yen (about SSS7I million) in the
      AFP  -  447 words
    • Article
      Lock icon Taipei firm to buy 40pc stake in McDonnell's commercial business
      313 2 Reuter TAIPEI A Taiwanese company yesterday announced plans to buy a 40 per cent stake worth US$2 billion (553.4 billion) in McDonnell Douglas's commercial aircraft business. Taiwan Aerospace Corp and McDonnell Douglas told a news conference they had signed a
      Reuter  -  313 words
    • Article, Illustration
      Lock icon India to launch global drive in S'pore to woo foreign oil firms
      423 3  -  By Harish Mehta SINGAPORE India will jaunch a major global effort in Singapore next week to attract foreign oil companies to bid for oil exploration contracts. The Indian Minister for Petroleum and Natural Gas, Mr B Shankaranand, will
      Source: Ministry of Petroleum  -  423 words
    • Article, Illustration
      Manila to launch bonds to restructure debt
      576 3 SINGAPORE The Philippines is planning to launch an entire range of bonds in mid-January next year aimed at restructuring US$5.3 billion (SSB.7 billion) of debt, an exercise which is expected to reduce debt by about CJSS 1.5 billion and lessen the burden of
      576 words
    • Article
      ADB may tap more funds from Asian capital markets
      323 3  -  By Magdalene Ng SINGAPORE The Asian Development Bank may tap Asia's capital markets for a further US$3OO million (about Ssso4 million) next year, prompted by the success last week of its first dragon bond, launched simultaneously in Singapore, Hongkong and Taipei.
      323 words
    • Article, Illustration
      S'pore gears up for Fourth Asean Summit
      594 3  -  Event expected to be a turning point for group By Yang Razali Kassim SINGAPORE The countdown to the Fourth Asean Summit, scheduled to be held here in late January, has begun. Singapore, which is hosting the summit for the first time since Asean
      594 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      1341 2 THE KYOWA BANK, LTD. A THE SAITAMA BANK, LTD. W (INCORPORATED IN JAPAN) (INCORPORATED IN JAPAN) NON-CONSOLIDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT NON-CONSOLIDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT OF As at March 31, 1991 and 1990 OF INCOME JU at March 31, 1991 and 1990 INCOME AND EARNED SURPLUS Millions of yen
      1,341 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      187 3 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. f cy m. EASY STAFF personnel system is an award winning human resource package. EASY ASSET fixed assets system
      187 words
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      Page 3 Advertisements Column 2
      113 3 '■P .4.S i jHf;i Hi :v %<•. ->*F iiIISJ >-"-'tr -t r ';-m. f ;|f' t' s > J -at'"''* <V -t -£V -x-' 3BIS§SI :v' v i > -k' '"I IRAn jfl wft -Ir "k.. j&k. IjHBM 7HH HS «SsSf%. RflUr :IK- pff WBmM ?S Introducing Mensweat by Hardy
      113 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        400 expected for regional cruise convention
        111 4 ABOUT 400 cruise-industry members, travel agents and tour operators from North America, Europe and the Far East are expected to attend the inaugural Seatrade Asia Pacific Cruise convention in Singapore. The event, to be held from Nov 26 to 29, will focus on the
        111 words
      • Article
        Talk on investing Down Under
        74 4 A SEMINAR on investing in hotels in Australia will be held on Nov 27, offering topics such as the best buys Down Under and financing packages. Panelists include Horwath Horwath's Bruce Morris and Baker McKenzie's David Jacobs. The full-day seminar will be held at Regent
        74 words
      • Article
        Higher national service allowances
        56 4 EFFECTIVE DEC 1, allowances of full-time recruits and privates in the national service will be raised by 20 per cent to $175 per month. At the same time, the transfers to CPF accounts of 'A' and 'O' level officers will be halved, increasing their take-home allowance
        56 words
      • Article
        The latest in phone listings
        29 4 UP-TO-DATE business and residential listings of telephone numbers can now be accessed on the Electronic Telephone Directory of Teleview, according to a Telecom announcement.
        29 words
      • Article
        Australian police chief in S'pore
        34 4 THE Commissioner of the Australian Federal Police, Peter McAulay, is in Singapore for discussions with senior law enforcement officials. His visit, which began yesterday, will end on Nov 24.
        34 words
      • Article
        Opening of Dance Theatre premises
        25 4 THE Singapore Dance Theatre's premises at Fort Canning will be officially opened tomorrow by Deputy Prime Minister Ong Teng Cheong.
        25 words
    • Article
      PrairieTek's equipment, disk drives on tender
      233 4  -  By Joseph Rajendran PRICE Waterhouse Singapore, which has been appointed liquidator for a defunct disk-drive maker, is looking to sell the latter's manufacturing equipment, which has a book value of about $6 million. In addition, Price Waterhouse hopes to sell about 1,000 2.5-inch disk
      233 words
    • Article, Illustration
      48 offers to run eating outlets at Kerbau Plaza
      417 4  -  Bids received for food court and bungalow at conservation project By Sylvia Wong FORTY-EIGHT bids have been submitted for the right to operate food businesses at a bungalow and food court at Kerbau Plaza, a conservation project off Serangoon Road. When
      417 words
    • Article
      Moves to improve image, welfare of construction workers
      276 4 PLANS are afoot to improve the image, welfare and working conditions of all workers in the construction industry, said Kong Mun Kwong last night. Mr Kong, who is the president of the Singapore Contractors Association Ltd (SCAL), revealed that SCAL, together with
      276 words
    • Article
      Rank-and-file unions likely to leave out 3 kinds of execs
      390 4  -  By Chuang Peck Ming THE official guidelines on union membership for executives, expected to be out soon, are likely to exclude three kinds of executives from joining rank-and-file unions, according to the NTUC. They are executives who have the power
      390 words
    • Article
      Lum Chang leads contracting firms
      491 4  -  By Elaine Koh LUM CHANG Building Contractors has taken top spot for the sixth year running among local contracting companies, with a turnover of $221 million last year. It also clinched the greatest number of local contracts worth $602 million and representing 20 per cent
      491 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      122 4 .a*. 9&>* Wli Si' r-'-, n II M wr A 3 |$&1 *^t^3 jBSBk* K 4* v If you've a passion for all things different, you'll fall in love with The New Orleans' selection this season. We've appetisers ft yTrW to make your taste buds tingle. Gratifyingly smooth soups. Some
      122 words
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      Page 4 Advertisements Column 2
      42 4 Call now: *****11 International Document Express Service International Package Express Service Express Cargo Door to Door Air Freight Local Courier Service Royal Parcel Express (S) Pte Ltd The quick guide TO WHO SELLS WHAT IN YOUR NEIGHBOURHOOD EVERY FRDAYUFE!, THE STRAITS TEES
      42 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      70 5 The same lavish service your Delaneau would receive in Switzerland ls now n Singapore at Roy Eastern. /V/iMLir i'* f > t *>I'■■!)•'*:*'■&. Le Joailliet d«- U Montro X/' v f y/ v'\ bsi "W v %^'lj\ j RJ 5 .f3 JiJ f/•'•\m-5- A ipt-§I V>v. m -r' '-JmL X&\
      70 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        DBS Securities-Indon firm joint venture opens
        94 6 SINGAPORE PT Gadjah Tunggal DBS Securities (GTDBS), which is a joint-venture securities company between stockholders in Indonesia and Singapore, officially opened yesterday. The company is engaged in stockbroking, underwriting, corporate finance and corporate advisory services. DBS Securities Holdings owns 35 per cent of the
        94 words
      • Article
        Malayawata profit falls 2pc
        114 6 KUALA LUMPUR Malayawata Steel Bhd posted a 2 per cent drop in group pre-tax profit to M 525.84 million (Ssl6 million) for the half year ended Sep 30, from M 525.6 million a year earlier. This was despite a 7 per cent rise in group turnover
        114 words
      • Article
        Prima unit in tie-up
        63 6 SINGAPORE Prima Ltd has informed the Stock Exchange of Singapore that its wholly-owned subsidiary, Prima Food Services, has entered into a joint venture with Mohinder Singh Kalra and Harilela Hotels (S) Pte Ltd, incorporating a new company called Prima Orchard Restaurant Pte Ltd. The new company
        63 words
      • Article
        G K Goh's stake in Indon firm
        66 6 SINGAPORE G K Goh Holdings has said it has increased its interest in PT GK Goh Ometraco to 85 per cent from 50 per cent, which is currently the maximum level of foreign ownership permissible in Indonesia. The Indonesian firm was established in
        66 words
      • Article
        SCS audit committee
        35 6 SINGAPORE Singapore Computer Systems Ltd has appointed Col Larry Loon Leong Yoon as chairman of the company's audit committee. Other members include: Lim Chee Onn, Wee Ee Cheong and Tay Siew Choon.
        35 words
      • Article
        JEL raises stake in Sabah unit
        59 6 SINGAPORE Jurong Engineering Ltd has informed the Stock Exchange of Singapore that it has increased its stake in Jurong Engineering (Sabah) Sdn Bhd by buying a further 20,000 shares from Shahidan bin Ali. As a result, JEL now owns 65 per cent of the
        59 words
    • Article
      Sapura, Uniphone unveil rationalisation plan
      477 6  -  Five-phase exercise involves share swaps with parent company By S N Vasuki SINGAPORE Sapura Telecommunications Bhd and Uniphone Telecommunications, two related listed Malaysian companies, have unveiled a complex rationalisation excercisc to enhance their position in the payphone business. Two days ago, Commerce International Merchant Bankers
      477 words
    • Article, Illustration
      Hong Leong invests in ceramic tile unit
      304 6 KUALA LUMPUR Hong Leong Industries Bhd, which expects better results for the current financial year, will inject Ms6o million (5537.2 million) into its ceramic tile manufacturing subsidiary, Far Eastern Industries (M) Sdn Bhd, said its senior group managing director, Lim How Soon, yesterday.
      304 words
    • Article
      Sembeth to build tanker for French owner
      292 6  -  By Selva Kumar SINGAPORE Sembawang Bethlehem Pte Ltd (Sembeth), the ship and rigbuilding arm of the Sembawang Group, has won a contract to build a 11,500 deadweight tonne product tanker for a French owner. The $40 million job for Soflumar Van Ommeren France,
      292 words
    • Article
      Lock icon Metacorp planning to raise zinc oxide exports to 30pc
      265 6 Bernama KUALA LUMPUR Metacorp Bhd plans to increase its export share of zinc oxide to about 30 per cent, of which 10 per cent will go to Iran, chairman and managing director, Mohd Noor Nordin said yesterday. Speaking to reporters after
      Bernama  -  265 words
    • Article
      Lock icon Bank Islam prepares to meet challenges ahead
      401 6 MBT KUALA LUMPUR Bank Islam Malaysia Bhd (BIMB) has come of age after more than eight years in existence. But the years ahead as a pub-lic-listed company are not expected to be trouble-free. The most likely challenge it foresees in the near future
      MBT  -  401 words
    • Article, Illustration
      KIO still keeps vital regional holdings
      644 6  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE There are conflicting signals emanating from the Kuwait Investment Office (KIO) these days. The overseas investment arm of the Kuwaiti government, once reputed for its deep pockets and US$lOO billion in spare cash, has
      644 words
    • COMPANY BRIEFS
      • Article
        Digital boosts alliance with Microsoft
        97 8 MAYNARD, Massachusetts Digital Equipment Corp has firmed its alliance with Microsoft Corp by introducing a suite of office automation and networking products that will allow Windows users to share files and communicate better among themselves. Services included electronic mail, electronic conferencing, file sharing and compound
        97 words
      • Article
        Brent not paying interest
        70 8 LONDON Debt-laden leisure group Brent Walker Group pic has said that interest due on Nov 23 on its 13 per cent convertible capital bond due 2005 would not be paid. Brent Walker said in a brief statement yesterday that proposals for dealing with accrued and unpaid
        70 words
      • Article
        JVC to transfer TV production
        85 8 TOKYO Victor Co of Japan Ltd (JVC) plans to transfer almost three-quarters of its production of 21-inch colour television sets from Japan to Thailand next year, a company spokesman said yesterday. The company's Bangkok subsidiary, JVC Manufacturing (Thailand) Co Ltd, will start producing about 10,000
        85 words
      • Article
        Japanese-Thai steel venture
        97 8 BANGKOK Matsushita Electric Works Ltd and Thailand's Siam Steel Group will join in a 500-million baht (5532.7 million) project to make steel conduit poles for domestic and foreign markets. Siam Steel chairman Vanchai Kunanantakul said the joint venture would build a plant in Rayong province to produce
        97 words
    • Article
      Lock icon Japan's real estate firms hit by high interest
      176 8 AFP TOKYO Only one of Japan's top three real estate companies saw sales and profits rise in the April-Septem-ber period amid a slump in the real estate market, according to their financial results released on Monday. Mitsui Real Estate Development Co said
      AFP  -  176 words
    • Article
      James Hardie to sell half its Spicers stake to Amcor
      381 8 SYDNEY James Hardie Industries Ltd plans to sell its 45 per cent stake in Spicers Paper Ltd for Asl3o million (S$ 171.6 million), or A 52.63 a share, with about half the shares going to Amcor Ltd and the rest
      381 words
    • Article
      Reliance Industries seeks listings on world markets
      497 8  -  Third-largest industrial group in India going global From Shirish Nadkarni in BOMBAY BOMBAY Reliance Industries Ltd (RIL), considered the third-largest industrial group in India today, behind the Tatas and the Birlas, plans to go global in the international stock markets. It has decided
      497 words
    • Article
      Indon book giant to issue one million new shares
      397 8 JAKARTA PT Toko Gunung Agung which at present operates 19 book stores in the country's major cities, intends to offer one million new shares to the public, the Jakarta Post reported on Tuesday. This will account for 3.84 per cent of
      397 words
    • Article
      Lock icon Formosa Plastics to go ahead with China plans
      351 8 Reuter HONGKONG Taiwan tycoon Wang Yung-ching's Formosa Plastics Corp is pushing ahead with plans to build a big petrochcmicals complex in China despite pressure from Taipei to drop the idea, a Beijing-funded Hongkong daily said. Wen Wei Po yesterday quoted a Communist
      Reuter  -  351 words
    • Article
      Lock icon Pop music a boost but Thorn's profit still slips
      297 8 Reuter LONDON Pop songs scored a hit for British music to electronics conglomerate Thorn EMI pic in the first half of this year, but did little more than help the group hold profit just below the previous year's levels. The company,
      Reuter  -  297 words
    • Article, Illustration
      Lock icon BAT confident after third-quarter results
      513 8 Group posts 11 pc increase in pre-tax profits Reuter LONDON Tobacco and financial services group BAT Industries pic said it remained confident after reporting an 11 per cent rise in nine months pre-tax profit. "Looking at BAT Industries as a whole, we arc confident of
      Reuter  -  513 words
    • Article
      Lock icon Hoechst announces 21.7pc third quarter earnings drop
      561 8 German group blames weak demand, lower prices Reuter FRANKFURT German chemical group Hoechst AG said weak global demand for chemical products and heightened domestic price pressures cut third quarter earnings by 21.7 per cent. Pre-tax profit for the quarter fell to 494 million
      Reuter  -  561 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      132 6 C. T. h6o #01-22 Taagfia Shopping Centre, Singapore 1024. Tel: *****47, *****43. Your Private Jet Anytime Anywhere cr/os^^s FAR EAST PTE LTD For your next business trip, Aeroleasing is at your exclusive service with a fleet of luxurious private jets (including our new Falcon 20/731). AD flown by experienced Swiss
      132 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      275 7 THE TOTAL CONCEPT with sky atriums in the office tower. A totally self-contained A spectacular 5-storey office lobby development of offices, shops atrium to dignify your office. and apartments with 1 Panoramic view of entertainment, rPj seaan dcity. recreation and hospitality |(mJ AFFORDABLE services. LOCATION In the I llmk I
      275 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      205 8 HOW TO STAY TRIM I IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff, yet keeping low overheads. Here at World Wide Business Centre Ptc Ltd.
      205 words
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      Page 8 Advertisements Column 2
      74 8 Celebrate your Company's Dinner Dance at Hotel Royal and have great fun with the company you enjoy most. For an unbeatable price you will enjoy a sumptuous international buffet, free flow of fruit punch, and a disco with lively DJ to spin your favourite hits. Call Oar FAB Dept. for
      74 words
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  • FINANCIAL NEWS
    • Article
      Morgan Grenfell Asia is adviser to 2 Thai projects
      409 9  -  Bank to arrange financing for terminal and plant By Quak Hiang Whai SINGAPORE Morgan Grenfell Asia Ltd of Singapore has been appointed the financial adviser to two major port-related projects in Thailand. The merchant bank was recently awarded the mandate to
      409 words
    • Article
      Indon drugs giant Kalbe Farma gets S'pore credit facility
      301 9  -  By Kooi Cho Teng SINGAPORE PT Kalbe Farma, the largest pharmaceutical company in Indonesia, has obtained its maiden funding of US$2O million (5533.2 million) from the Singapore capital market. The one-year revolving credit facility was arranged and lead-managed by Deutsche Bank
      301 words
    • Article
      Lock icon ANZ says worst may be over after sharp profit fall
      341 9 Reuter MELBOURNE Recession, particularly in the state of Victoria, continued to hurt the Australia and New Zealand Banking Group Ltd in the year to Sep 30, but there are signs that the worst is over, says chairman Milton Bridgland. ANZ
      Reuter  -  341 words
    • Article
      Lock icon BankAmerica-SecPac merger still looks good
      422 9 MARKET TALK; Reuter LOS ANGELES Bank America Corp's planned merger with Security Pacific Corp remains an attractive deal, in spite of some suiprises contained in a 116-page regulatory filing on the merger, say analysts. "We didn't see much, if anything, in this voluminous document to
      Reuter  -  422 words
    • Article, Illustration
      Simex competition just around the corner: prof
      493 9  -  By Salil Tripathi SINGAPORE Simex had better watch out as competition is around the corner. This friendly cautionary advice came from Nobel laureate Merton Miller during his brief visit to Singapore. The Robert R McCormick distinguished professor at the University of Chicago was
      493 words
    • Article
      Lock icon Bank of Taiwan to step up drive for overseas offices
      176 9 Reuter TAIPEI The state-run Bank of Taiwan said it will open a series of representative offices and branches abroad starting next month, underlining a major push overseas by local banks. Bank of Taiwan, the island's largest in terms of assets,
      Reuter  -  176 words
    • Article
      Lock icon US panel sends banking Bill to House again
      330 9 AP WASHINGTON The House Banking Committee on Tuesday for the third time sent to the full House a Bill replenishing the government deposit insurance fund, but it took no action on a measure to cap credit card interest rates. The legislation, adopted
      AP  -  330 words
    • SMALL CHANGE
      • Article
        Dai-Ichi Kangyo poaches SecPac team
        75 9 TOKYO Japan's Dai-Ichi Kangyo Bank Ltd, the world's largest bank in terms of assets, has poached the entire inter-est-rate swap team at Security Pacific Bank in New York, a Japanese newspaper reported yesterday. The Nihon Keizai Shimbun said the nine-member team was hired by the
        75 words
      • Article
        HK moots forex advisory body
        100 9 HONGKONG The Hongkong government has proposed a market practices committee to watch the foreign exchange and money markets, said Mr Joseph Yam, the director of the Exchange Fund Office. Mr Yam told the Forex Association that the committee would be only an advisory body without
        100 words
      • Article
        Action against Lloyd's fails
        92 9 TORONTO A group of investors has failed in a bid to bring legal action in Canada against the Lloyd's of London insurance market for fraudulent misrepresentation. A Canadian judge ruled late on Monday that the investors must take their case to England on the grounds their
        92 words
      • Article
        7 Arab BCCI officials charged
        87 9 LIMA, Peru A prosecutor has charged seven Arab former officials of the Bank of Credit and Commerce International (BCCI) with corruption linked to bribe-taking by former Peruvian officials, a spokesman for the Attorney General said on Tuesday. Ms Nelly Malarin, special prosecutor in the case,
        87 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      177 9 I Sydney Simply The Best I y 74 Castlereagh Street, Sydney, Australia y I A BRAND NEW, SUPERIOR QUALITY BUILDING IN THE HEART OF I y SYDNEY'S CBD AVAILABLE NOW AND FOR A VERY COMPETITIVE PRICE y I An absolute 5-star quality property of excellent construction and finish A highly
      177 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Call to keep pay rises in Hongkong below 12pc
        90 10 HONGKONG A major business group here yesterday urged its members to keep pay rises below 12 per cent next year in a bid to curb Hongkong's double-digit inflation. The Hongkong General Chamber of Commerce, which earlier told the government to impose
        90 words
      • Article
        End of NZ recession in sight
        68 10 WELLINGTON Retail sales have risen in the most recent quarter, suggesting New Zealand's protracted recession may be ending. In the three months to September, retail sales rose 0.7 per cent. They were worth NZ$7.Ol billion (about 556.9 billion), up from the previous quarter's NZ56.92
        68 words
      • Article
        Canberra stands firm
        44 10 CANBERRA Australia has stood by its recognition of Indonesia's sovereignty over East Timor as the US Senate moved to press President George Bush for action on independence for the former Portuguese colony. The move followed last week's massacre in East Timor.
        44 words
      • Article
        ADB's US$93m loan package
        54 10 MANILA The Asian Development Bank yesterday approved loans and grants totalling more than US$93 million (about Ssls6 million) for projects in Malaysia, Indonesia, Laos and the Maldives. The package included a loan of US$43 million and a technical assistance grant of US$4BO,OOO for a coastal erosion
        54 words
      • Article
        Thai minister in Phnom Penh
        68 10 PHNOM PENH The first foreign minister from a country that supported rebels fighting the Phnom Penh government arrived here yesterday. Thai Foreign Minister Arsa Sarasin arrived on a military C-130 for a three-day visit. Thailand supported the Khmer Rouge and its allied resistance groups during
        68 words
      • Article
        Dhaka scraps rural system
        47 10 DHAKA Bangladesh will abolish a system of rural government created and exploited by ousted dictator Hossain Mohammad Ershad. A Cabinet meeting decided on Tuesday night to dispense with the Upazilla (sub-district) system of government because it was a "legacy of the last autocrat".
        47 words
      • Article
        Ban on tobacco sponsorships
        55 10 ADELAIDE Australia could ban tobacco companies from sponsoring most sports and cultural events by 1993, a minister said yesterday. "Make no mistake about it, tobacco sponsorship in sport is doomed," Arts and Sports Minister Ros Kelly said. She said one legislative option she was considering was
        55 words
    • Article
      Lock icon Malaysian budget seen to fuel inflation
      301 10 AFP KUALA LUMPUR Proposed higher spending by the Malaysian government next year will put more inflationary pressure on an economy already showing signs of overheating after 65 months of robust growth, an economist said yesterday. Kamal Salih, executive director of the Malaysian Institute of
      AFP  -  301 words
    • Article, Illustration
      Oversupply threatens Thai office space market
      324 10 BANGKOK Bangkok and neighbouring provinces face a sharp and sudden crash in the office building market as a huge oversupply looks imminent in the next two years, The Nation, quoting an economic analyst at the Industrial Finance Corp of Thailand (IFCT), has warned. Dr
      324 words
    • Article
      Investment in Thailand still falling
      239 10 BANGKOK Investment in Thailand continued to decline as the number of projects seeking promotional privileges from the Board of Investment in the first 10 months of 1991 dropped by 39 per cent, according to a Business Post report. The 80l reported that it received 531
      239 words
    • Article, Illustration
      Perc expects Philippine growth to pick up
      405 10  -  Optimistic estimates place 1991 growth rate at o.3pc By Alec Almazan SINGAPORE The immediate prospects for economic growth in the Philippines are encouraging, according to the Hongkong-based Political and Economic Risk Consultancy (Perc). In its November 1991 Quarterly Risk Report, the agency said
      405 words
    • Article, Illustration
      Taipei soars to new heights
      26 10 TAIPEI The Taiwan-made Indigenous Defence Fighter sitting pretty on Tuesday at the Taipei Aerospace Technology Exhibition, the island's first such exhibition.
      26 words
    • Article
      Lock icon France rushing to penetrate Indochinese markets
      312 10 AFP PARIS French Foreign Minister Roland Dumas leaves for Indochina tomorrow as part of a drive to reap the economic dividends of France's active role in solving the Cambodian conflict. France wants rapidly to expand its penetration of Indochinese markets before an anticipated rush
      AFP  -  312 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      174 10 Expect less at k the Carlton Club. i|ilSEPs\ SlPt\ The Carlton Club Rooms at the Carlton Hotel more than live up to all your expectations. Except the one with the numbers on it. 'A SPECIAL CARLTON CLUB ROOM OFFER, x From now to 31 December 1991, the H \N following
      174 words
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      Page 10 Advertisements Column 2
      30 10 classic EXPRESSIONS *02-07, Orchard Emerald (Td: 734*35) *< Galena Lafayene Singapore Sojo Jakarta PethrFlame j 38, Ccntrepam (Td: *****6®) 9^|^KV^pN Liang Court (Td: *****52) and selected retail outlets tf 1 7
      30 words
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  • THE WORLD
    • Article
      Lock icon US supercomputer industry to get boost from Bill
      460 11 Draft law to help maintain market leadership Reuter ALBUQUERQUE, New Mexico The US Congress is on the verge of passing legislation designed to maintain American leadership in supercomputers and help build a better world. US President George Bush's science adviser said on
      Reuter  -  460 words
    • Article
      Lock icon EC farm ministers want early reform pact despite deep splits
      236 11 Reuter BRUSSELS European Community farm ministers pledged on Tuesday to try and agree on reform of the bloc's bloated farm sector by early 1992 despite deep divisions exposed at two days of talks. "There is a willingness to accelerate negotiations
      Reuter  -  236 words
    • Article
      Lock icon Single market pact hit by European Court doubts
      333 11 Reuter BRUSSELS The European Court's reservations about a proposed EC-Efta single market treaty are so fundamental that some of the most sensitive points of the accord may have to be renegotiated, say Community sources. That, in turn, could place in jeopardy the
      Reuter  -  333 words
    • Article
      Lock icon N American free trade zone talks may be delayed
      339 11 AP MEXICO CITY The lingering US recession could delay negotiations for a continental free trade zone, the former president of the Council of Economic Advisers said. Martin Fcldstein nevertheless told Mexicans seeking investment capital that the American stock market would be
      AP  -  339 words
    • Article
      Lock icon Dutch in bid to settle EC differences
      450 11 AP THE HAGUE Dutch Premier Ruud Lubbers and Foreign Minister Hans van den Brock have launched a tour of EC capitals in a bid to reconcile differences threatening the political union treaty to be signed in three weeks. The two, representing the current
      AP  -  450 words
    • Article, Illustration
      How about footwear for food?
      42 11 MOSCOW An elderly Soviet woman trying to exchange shoes for cabbages at a market on Tuesday. With the coming of winter and its economy in shambles, Moscow is seeking US$ll billion (5518.4 billion) of Western food aid.
      42 words
    • Article
      Lock icon Canada records first trade deficit in 15 years
      216 11 Reuter OTTAWA Canada posted a trade deficit in September its first in more than 15 years as imports hit a record high and exports fell sharply, the government said on Tuesday. Economists said the Cs3ll million (Ss46o million) deficit shows a slowness
      Reuter  -  216 words
    • Article
      Lock icon US panel hits out at China over forced labour exports
      328 11  -  Editorial, Pg 12 Reuter WASHINGTON A US congressional committee on Tuesday approved a resolution asserting that China's export of prison-made goods was threatening US jobs and callcd on Beijing to stop the practice. The House of Representatives Foreign Affairs approved
      Reuter  -  328 words
    • WORLD WATCH
      • Article
        Keidanren team heads for Moscow talks
        75 11 TOKYO A powerful Japanese business mission left yesterday for Moscow for talks with Soviet President Mikhail Gorbachev and other leaders, organisers of the trip said. The mission, headed by Toshikuni Yahiro, vice-chairman of the Federation of Economic Organisations (Keidanren), is made up of 35
        75 words
      • Article
        Bush's Japan visit rescheduled
        92 11 TOKYO Japan and the US are rescheduling a postponed visit by US President George Bush for January, Japanese Chief Cabinet Secretary Koichi Kato said yesterday. Mr Bush postponed his four-nation Asian tour on Nov 5 in order to concentrate on growing domestic political concerns. Japan's Jiji
        92 words
      • Article
        Update on US aid to Soviets
        95 11 WASHINGTON US Agriculture Secretary Edward Madigan has said the total aid package to the Soviet Union, including technical help to improve their food system, will exceed US$l.5 billion (SS2.S billion). He said the package would top US$l.5 billion "when you add up the totality
        95 words
      • Article
        Warning over Israeli joblessness
        103 11 JERUSALEM Ten per cent of the Israeli workforce is unemployed, a figure that could double next year and affect 300.000 people, spelling "catastrophe" for the national economy, Israeli Deputy Labour Minister Menachem Porush has warned. "If we don't act quickly we'll face a catastrophe," he said
        103 words
      • Article
        UN funds mismanaged: audit
        68 11 UNITED NATIONS A United Nations audit into the financing of a major aid programme in Afghanistan alleges that millions of dollars donated by governments were unaccounted for or diverted last year. It accuses UN personnel in Afghanistan and Pakistan and the head office in Geneva of
        68 words
      • Article
        Call for Haiti president's return
        108 11 PARIS A summit of French-speaking nations has demanded that the soldiers who overthrew Haitian President JeanBertrand Aristide more than six weeks ago return to barracks and the deposed president be reinstated. "French-speaking states demand the re-establishment in Haiti of a state of law and constitutional
        108 words
      • Article
        Croatian town under heavy fire
        56 11 ZAGREB The Yugoslav army unleashed a fierce artillery attack on the eastern Croatian town of Osijek yesterday as the 13th ceasefire of the Yugoslav conflict crumbled. Zagreb Radio reported that villages on the southern outskirts of the town were also being hit in attacks which
        56 words
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  • Article
    Next, quiet diplomacy
    468 12 EDITORIAL US Secretary of State James Baker's visit to China over the weekend ended with some limited Chinese gestures to curb missile sales but little progress on the human rights issue. That was how the media reported the conclusion to the three-day talks, and that is how
    468 words
  • WHAT THE OTHERS SAY
    • Article
      Tread 1992 with caution
      320 12 SINGAPOREANS have to start learning to live ■with the reality of slower growth, which hopefully, on the plus side, will also be an era of more sustainable growth. Yet even this slower rate is not there for the plucking as 1992 promises to be fraught with
      320 words
    • Article
      Coming to their senses
      73 12 HOSTAGES are gradually being released in the Middle East, thanks to the end of the Cold War and the moves towards peace in the region. No doubt the Gulf War has somehow or another knocked sense into leaders in the Middle East. However, unless peace and
      73 words
    • Article
      Construction comes first
      92 12 THE first thing that Prince Sihanouk should do is to make sure that the Supreme National Council meeting will be held as scheduled. What the Cambodian people need most now is not revenge nor a new power struggle. What they need now is nationwide reconciliation and reconstruction
      92 words
  • REGIONAL VIEWPOINTS
    • Article
      Stick to objectivity
      169 12 HAVING expressed our view on the desirability of an independent and impartial investigation of the shooting incident in Dili, East Timor, we can only laud President Suharto's decision as announced by the Minister/State Secretary, Moerdiono, on Sunday. The President, Minister Moerdiono told media reporters, had ordered the
      169 words
    • Article
      Don't fail the people
      166 12 THE 357-member National Legislative Assembly is set to begin deliberating the most controversial draft Constitution in modern Thai history. The task is of crucial importance because its outcome will chart the future political course of this country. Whether it will usher in an era of democracy
      166 words
    • Article
      Evaluate East Timor policy
      166 12 THE massacre in East Timor has severely tainted Indonesia's international reputation. Before the shootings, we in Asean were proud that Indonesian troops were being sent to Cambodia as part of the UN peacekeeping fore of the United Nations Transitional Authority in Cambodia. But now we have
      166 words
  • Article, Illustration
    Time to byte the bullet
    964 12  -  The industrial electronics sector is slowing, but not all the chips are down. Claire Leow reports Claire Leow THE much-talked-about slowdown of the industrial electronics sector is linked mostly to the United States' anaemic economic recovery and the weak computer industry, industry observers agreed. But
    964 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      111 12 Heavenly Cuisine At Earthly Prices ||ij for continental cuisine delectable enough to tempt even the saints with prices that are distinctly affordable, l°°k to Europa East Coast! l 1 With the most in fun 'n entertainment, you can indulge En a heavenly feast while XPO, The Shaggies and The T
      111 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      48 12 DOONESBURY BY GARRY TRUDEAU ri*mr*i A CONVICT SUING MVJUAW *AH.BUTV€ ICANTm- WOL. THEGOV&NM&fTFOR. BUTWUSAJP CA&M#> ,N THefte BKtTT TRWKiSUNCZWM. QUAfl£-klfo ***ANA,M*€P£ IALKIN6 VGON& n HeciAMstesae nmnMe 1 /«*/r urmvoo ISk^KfSusSS l 1 HmJUfiNATOCUMZ fURBUYING FRQH. WV& f] A WCS H/CHm* ON 15 OR MORE OC£A- TNUtSA PK&CXM. ONTH&R.
      48 words
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  • ANALYSIS
    • Article
      Lock icon It's tough at the top of the exporters' league
      926 13  -  There is a new pessimism in Germany about the state of the economy, writes Richard Smith Richard Smith IHT YEAR after year German industrialists complain about wages, taxes and regulations. And year after year they seem to outperform nearly everyone else
      IHT  -  926 words
    • Article, Illustration
      Lock icon Right ingredients for economic cooperation
      1303 13  -  The Vietnamese have proposed a growth triangle linking Singapore, Ho Chi Minh City and Phnom Penh. Harish Mehta talks to top economic officials in Ho Chi Minh City to assess whether the sinewy business ties that bind the three countries can translate into a workable
      Source: Asian Development Bank, World Bank, Vietnamese Ministry of Commerce, Singapore Trade Development Board  -  1,303 words
    • Article, Illustration
      Lock icon A job without enormous clout
      512 13  -  Eduard Shevardnadze is once again the Soviet Foreign Minister. But helping to steer tne ship of state is going to be a very difficult job, writes Alan Eisner Alan Elsner Reuter EDUARD Shevardnadze's return as Soviet Foreign Minister may warm the heart of his close
      Reuter  -  512 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      91 13 A MUST FOR EVERY SUCCESSFUL MAN! IH\RV J'itll Jaflasfpereonalised gold hot-stamping with every purchase. IN (2) EXCLUSIVE VERSIONS: Please tick: Quantity Genuine Leather *****.00 per set Bonded Leather S$ 80.00 per set Complete your look of success with this exclusive set of diaries. They will definitely make their mark. And
      91 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      248 14 w§ n AgS Kl M IN THE WORLD'S MOST ADVANCED LUXURY CAR THERE IS NO SUCH THINS AS LONG DISTANCE DRIVIH6 V- THE BMW 7 SERIES. Driving for hours at a stretch Precise angles and distances have been calculated to luxurious interior of the 7 Series will be of great
      248 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      A very British tradition
      1117 15  -  Salil Tripathi talks to Lord Douro, the chairman of Dunhill, and finds out more about the company's philosophy Salil Tripathi WHEN Lord Douro returned to the private sector after 10 years in politics, he took over as the chairman of Dunhill Holdings pic because he viewed
      1,117 words
    • Article, Illustration
      A single-minded devotion
      643 15  -  The Ball Partnership is in the business of helping to achieve client goals. Sangeeta Mulchand finds out how this is done Sangeeta Mulchand PEOPLE do not respond to advertising they do not see. The question then, is whether to nudge Mr Consumer gently into noticing the advertisement,
      643 words
    • Article
      Lock icon Something new, something old, something invented
      481 15 NEE PLAGUED by the US recession, a 10 per cent luxury tax on watches costing more than US$lO,OOO (SSI6,000) and the waning of brand loyalty, watchmakers and marketers are pulling out all the stops these days to sell their wares. They arc doing it
      NEE  -  481 words
    • Article
      COPY LINES
      185 15 HONGKONG The colony's Dickson Concepts Ltd has streamlined the distribution of all of its Dupont products into one of its subsidiary companies. From this month, the products of the French brand, such as menswear, lighters, leather goods, pens and watches, will be marketed through ST Dupont Pte Ltd.
      185 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      64 15 This announcement appears as a matter of record only. PT Kalbe Farma U5520,000,000 Revolving Credit Facility Arranger Lead Manager Deutsche Bank (Asia Pacific) Limited Managers Bank Rakyat Indonesia Rabobank Nederiand, Singapore Branch Co-Managers Credit Agricoie, Singapore Branch Royal Bank of Scotland pic, Singapore Branch The Sumitomo Bank, Limited, Singapore Branch
      64 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Sanchez Vicario defeats Garrison
      635 16 Virginia Slims Championships AP NEW YORK Bouncy and pert are adjectives attached to Arantxa Sanchez Vicario. Now, add powerful. The No 5 seed eliminated Zina Garrison from the Virginia Slims Championships on Tuesday night with a 4-6, 6-1,6-0 victory that set up a quarter-final match against
      AP  -  635 words
    • Article
      Lock icon S African Olympic team faces changes
      247 16 NYT JOHANNESBURG Since President F W De Klerk promised an end to apartheid more than 21 months ago, no change has prompted such an uproar from whites as the news two weeks ago that the nation's athletes could not take the South African flag,
      NYT  -  247 words
    • SIDE LINES
      • Article
        Woosnam to take part in Sun City tournament
        99 16 JOHANNESBURG World number one lan Woosnam will join the 10-man field at Sun City next month to compete for golfs richest first prize of US$l million. Tournament director Sam Feldman said yesterday that the Welshman would replace Zimbabwe's Nick Price, who pulled
        99 words
      • Article
        Mean fighting machine
        166 16 LONDON He's a small-town guy from north-western Illinois who still runs home to mother after fights. He's a relative latecomer to boxing, having concentrated on karate as a youngster. And he's fighting a man nicknamed "The Beast" who has never gone the distance in 41 professional fights.
        166 words
      • Article
        Wattana's task
        103 16 PRESTON, England James Wattana must beat world number 13 Alain Robidoux for the first time in the fifth round of the UK Championships to keep up the sudden revival in his snooker fortunes. TTie young Thai former amateur world champion won his fourth round game with Ireland's Paddy
        103 words
      • Article
        Edberg told to rest
        86 16 ESSEN, Germany World number one men's tennis player Stefan Edberg has been told to rest for at least two weeks by doctors at the Alfried Krupp hospital where he is being treated for a knee injury. Professor Hartmut Krahl, a specialist, said he recommended a course
        86 words
    • Article, Illustration
      Lock icon Johnson starts AZT treatment
      599 17 UPI LOS ANGELES Earvin "Magic" Johnson, who retired from the Los Angeles Lakers after contracting the Aids virus, has begun taking the drug AZT to strengthen his immune system, one of his doctors said on Tuesday. Johnson, who has not developed any symptoms of the disease,
      UPI  -  599 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      132 16 W ■j^l O 7 f A B S l I I M i x i w •02-i>7 V\ |v\l l >K( HARD Rl >A I >. MM.AI'l )RI 092 i. III. 7 14 SSW1 To find out just how little space our Minolt To go into the long and short
      132 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      171 17 M !H t-w 3 mm'M S ifl| MW JR jp&J Jw jQ| v jß3g I j I A Hotel P* I F°R People DontLike Hotels. itf P' The more they travel, the more theyU rather stay at home. So next time you a booking for a frequent choose the one
      171 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      221 18 WHERE TO WINE, DINE AMD ENTERTAIN WHEBE TO WINE, DIME AND ENTERTAIN WHERE TO WINE, DIME Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. A MEMBER Of
      221 words
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      Page 18 Advertisements Column 2
      290 18 ==^=s======ssa Winged Temptations at Nutmegs From Friday 15th November until Sunday Ist December 1991. Pheasant. Patridge. Goose. You name them. Nutmegs will have them. Just for this occasion, these gallinaceous specimens will be subjected to the skills of our excellent chefs who will produce nothing short of a tantalizing and
      290 words
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      Page 18 Advertisements Column 3
      299 18 V» hM IKsNr Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy Hours when all drinks are going for a song. Plaza Moth, Happy Hours: VAMKOIOMftIMWMTiM 0 Qp m The Bugis Lounge Pre5ent5..........^ CAUENTESIffIo* These professionals are back in
      299 words
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      Page 18 Advertisements Column 4
      135 18 Local Tea Time delights at Chatterbox "TJT* ever y Friday, Saturday and Sunday 3 pm to 5.30 pm. $14.50+ per person $8.50+ per child (below 10 yrs) Mrzzanr* Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm lo 6 pm. $16.00+ per person $10.00++ per child (below 10
      135 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      654 18 TELEVISION AND RADIO "m M~ 1 "11 SBC 12 she is clairvoyant. Thereafter. €.30 Muqaddam. Rl I<SIMP<iC AN PAfilb s 1% IU ¥T Ua Uvt the evening's events prove 0.45 WHh the Quran. nmny lviayDe DaDy u -sr- a 5 UrtMltll 9.00 News at Nine. 7M and Dr rar 7.05
      654 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon As good as Bad?
      772 19  -  There's no doubt that Michael Jackson's latest album, Dangerous, is big. But what Mike Zwerin can't decide on is if it's great Mike Zwerin IHT. LIKE the film Terminator chael Jackson's new album. Dangerous, will be unavoidable. It is certain to be everywhere, people will have
      IHT.  -  772 words
    • Article, Illustration
      A metallic 'miracle worker'
      664 19  -  So, want to fill up with unleaded petrol but afraid your valve seats will be hammered to a pulp? Well, Susan Tsang will tell you about Carbonflo Susan Tsang ONCE upon a time, a petrol company told drivers to put a tiger in their tank. Fine.
      664 words
    • Article
      Brando to star in Columbus movie
      580 19 CHATTERBOX MARLON BRANDO has signed on for the role of Grand Inquisitor Tomas de Torquemada in the movie Christopher Columbus: The Discovery, a Spanish newspaper said on Tuesday. Producers Alexander and Ilya Salkind. best known for Superman, were negotiating with Matt Dillon, Tom Selleck
      580 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      156 19 AND ENTERTAIN CWU 1 For the fresh and flavourfiil taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. i6N»»* n H*.Sf W 0r.i025 TMotion* (65) 732 1222
      156 words
    • Advertisement
      Page 19 Advertisements Column 2
      56 19 m. w 1 Classical Japanese Food Prepared In The True Kaiseki Style. Complete set Lunch from $18.00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch at $20.00+ You Don't Have To Be A Member to Enjoy Fine Dining Nishiki Restaurant Marina Bay Golf Country Club 6 Marina Green Singapore
      56 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII recoups early losses to close higher
      4030 20  -  By Chew Eng Han THE Singapore stock market fared well yesterday despite a worrying performance on Wall Street the previous night. After diving about 20 points initially, the Straits Times Industrials Index rose steadily to close 3.2 points higher at 1,443.15. The rise
      4,030 words
    • Article, Illustration
      HOT STOCK
      62 20  -  -By Chew Eng Han Comment 101 Warrant may see a further rebound today, but 32 cents will provide strong resistance. A break above that level will lead to a continuation of the uptrend. More likely, the warrant will fail to clear 32 cents and start to head down
      62 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3295 22 Shell 470 20 +4.4% Rothmans M 50* 750 15 +2.0% Tractors 50« 215 +15 +7.5% M Banking 388 +14 +3 7% Gcntings 50* 670 +10 +1 5% M ISC Foreign 436 8 1.9% MUI 152 +8 +5 6% Sime Darfcy 50* 225 +8 +3.7% KL
    3,295 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end mixed as bargain-hunters cut losses
      4844 23 Bernama SHARE PRICES here pared most of their earlier losses on bargain-hunting to close mixed yesterday. Bargain-hunters moved into the market in the afternoon to pick up issues made attractive by renewed selling in the morning, dealers said, adding that sentiment, however, was
      Bernama  -  4,844 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      352 24 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Kemayan Nov 18 May 91 M$73($1.209) —(0 7) 1.5(1.5) Tongkah Hldgs Nov 18 Jun 91 M$2,479L($1.019U CI Holdings Nov 15 lun 91 M$17.210($12.435) 36 6(26 4 30(10) Faber Group Nov 13
      352 words
    • Article
      PRELIMINARY RESULTS
      223 24 Company Data Yaar Group pre-tax Nat earnings Gross ann to profit/loss (L) par share dividend (*000) (cants) ind Oxygen Nov 18 lun 91 M$34.844($24,335) 38(3.1) -(4.5a) PJ Dev Hldgs Nov 11 lun 91 M$527($1.688t) SPH Nov 8 Aug 91 $219.124(1194,085 63 2(54 3) 25(30) Palmco Hldgs Nov 6
      223 words
    • Article
      INTERIM RESULTS
      677 24 Company Date Half-year Group pro-tax Interim ami to profit/loss (L) dividend (000) CK Tang Nov 19 Sep 91 12,419(52.858) 3(3) HK Tel Nov 18 Sep 91 HKJ3.106d($2.590d) 35(30 4) Marco Poto Nov 18 Sep 91 53.559(57.391) 0 5(-) B Sembawang Nov 15 Sep 91 512,918(51.143) GB Hldgs Nov
      677 words
    • Article
      CORPORATE DEVELOPMENTS
      185 24 Nov II Borjaya Group had announced that a notice of takeover offer has been received from Pertama Merchant Bank on Jutamex's intention to make a mandatory general offer for all the issued and paid-up shares of Beriaya at MJ1.38 (SJO 88) a share (other than the 183.31 m
      185 words
    • Article
      DIVIDENDS ANNOUNCED
      756 24 CwTMt Ex Mis Data Total tor Total far pjyvn£f]t ciOM pcyfttofo ttl6 l&$t yfjf MSB 50c 12%(b) Dec 30 Ian 14 Ian 21 12% 10% Antah HMp 50c 6%(b) Nov 21 Dec 5 Dec 24 6% 6% Barjaya Grap 1% Oct 28 Nov 12 Nov 27 5% 10%
      756 words
    • Article
      APPROVED ISSUES
      144 24 Company Rights Issue M Ntfari One-tor-one 1275 per share Ei-date Nov 12 Books dose Nov 22 Acceptance i Payment NVA MM Franca Two-tor three fe, MW 90 per share bHiate Nov 1 Books dose Nov 18 Acceptance Payment Dec 27 Company Bomis Issue MBf France One-tor three Ei-date
      144 words
    • Article
      PROPOSED ISSUES
      513 24 Man Issue of *****8m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of 12 normal amount of Bonds tor every three existing shares held E«ry 12 nominal amount of Bonds wil be issued with one warrant CASH Three for
      513 words
    • Article
      COMPANY MEETINGS
      73 24 Sitfapm Butt* Society Ltd: 22nd AGM at the Board Room, 70 Shenton Way #02-01, Marina House, Singapore 0207 on Thursday, Nov 21, at 11am. Chuan Hup Hott*s Ltd: 21st AGM at 322 Jalan Ahmad Ibrahim, Singapore 2262 on Friday, Nov 22, at 2.30pm. Pfccon Engineering Bhd: EGM at
      73 words
  • CHARTING SERVICE
    • Article, Illustration
      Lock icon Trading with the help of indicators
      433 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 PONT  -  433 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end slightly lower on weak sentiment
      2481 25 Reutcr INVESTOR interest in Thai shares dampened by overnight losses on Wall Street led to a slight deel ine in prices at the close yesterday, brokers said. The SET index ended 1.61 points lower at 677.01 on a turnover of 3.56 billion baht.
      Reutcr  -  2,481 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Prices close mixed in heavy selling
      1114 25 Reuter STOCK prices closed mixed yesterday with the index easing 1.01 points to 242.50, brokers said. They said heavy selling kept prices under pressure, dragging some favourite shares down. Gudang Garam fell 150 rupiah to 5,450 on heavy volume. Indocement slid 350 rupiah to
      Reuter  -  1,114 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
    • Advertisement
      Page 25 Advertisements Column 2
      268 25 Rohan+Siew We are a locally incorporated management consultancy company providing services in these major areas financial management accounting, tax planning, executive recruitment, strategic marketing management and corporate restructuring. We are expanding our services in Corporate Finance, Information Technology, Human Resource Management, Business Development and Advisory Services in the ASEAN region.
      268 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Tokyo falls prey to Wall St jitters
      2634 26 Reuter TOKYO stocks again succumbed to Wall Street jitters yesterday to finish weaker but off their day's lows. Waves of index-linked selling battered prices in thin volume, brokers said, but the Nikkei average held above the key 23,000 level with bargain hunters lending
      Reuter  -  2,634 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices drop sharply as caution prevails
      2575 26 Reuter SHARE prices closed steeply off yesterday on diminished volume, as investors reacted cautiously to the possibility of a continued plunge on Wall Street. The blue-chip Hang Seng Index tumbled 60.29 points or 1.41 per cent to 4,200.94, while turnover dropped to HKSI.S6 billion
      Reuter  -  2,575 words
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  • REGIONAL STOCK MARKETS
    • Aussie shares close lower in step with Dow
      • Article
        AUSTRALIA
        931 27 THE Australian share market closed sharply lower yesterday, but above its lows, as profit-taking trimmed prices in most sectors. "It is a healthy correction, bringing the market back into good value territory," said John Bowie Wilson, director at Hambros Equities. "Share prices retreated on smallish volumes. Moreover, the fall
        931 words
      • Article
        INDICES & TURNOVER
        81 27 INDICES TURNOVER Close Previous No* 20 AUSTRALIA All Ordinaries Index 1.62"). 7 1.656 26.3 All Industrials Index 2548.9 2.587.9 -39 All Resources Index 928.7 945.2 -16 5 Turnover (million) 142 34 ***** 38.39 NEW ZEALAND NZSE-40 Capital 1.469 46 1.495 58 -26 12 MANILA Composite Index 1.094 49 1.102.31 -7.82
        81 words
      • Article
        MANILA
        575 27 SHARE prices closed slightly lower yesterday in reaction to a further drop on Wall Street overnight, but brokers remain confident the market has enough local support against any further selling. The Manila Stock Exchange composite index shed 7.82 points to finish at 1,094.49, paring its losses towards the close
        575 words
      • Article
        TAIPEI
        448 27 THE Taiwan stock index finished slightly lower yesterday, but brokers said there were expectations in the market that share prices may rebound today. The weighted index ended 2.23 points lower at 4,478.71. Brokers said late buying by major market players was strong and they saw support at 4,400 if
        448 words
      • Article
        SEOUL
        837 27 SEOUL stock prices closed sharply higher yesterday on improved trading volume after falls in the past eight days, brokers said. "The rally is due to a technical rebound," Dongsuh Securities broker Chung Chang Shik said. Rumours that Hyundai Group may pay 136.1 billion won of tax evasion penalties precipitated
        837 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        376 27 In local i currency In S$ In V. ss day year day year day year Nov 19 Index change change change change change change World 398.7 -0.6 11.3 -08 5.9 -0.9 10.6 ♦FAKE 510.5 -0.4 8.6 -0.4 3.3 -0.5 7.9 Europe 415.0 -0.9 13 9
        376 words
      • Article
        NEW ZEALAND
        289 27 NEW ZEALAND shares ended weaker overall yesterday following a session in which they opened sharply lower and then tried unsuccessfully to recover some lost ground. The NZSE4O capital index ended 26.12 lower, or 1.75 per cent, at 1,469.46, three points off its session low achieved just after the
        289 words
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  • WORLD STOCK MARKETS
    • Dow down 41 as late buying checks slide
      • Article, Illustration
        NEW YORK
        1207 28 STEADY selling carved as much as 78 points from the Dow Jones Industrial Average on Tuesday, before buyers stepped in late in the day to stem the decline. The Dow ended the session down 41.15 points, to 2,931.57. The decline was marked by a grim but orderly retreat
        1,207 words
      • Article, Illustration
        LONDON
        733 28 SHARE prices slumped for the second day in a row in London on Tuesday, depressed by concerns that the weakness of the pound could force an increase in interest rates as economic indicators pointed to a faltering recovery from recession. The FT-SE 100 index closed at 2,463.1, down 39.8
        733 words
      • Article
        AMSTERDAM
        353 28 WIDESPREAD selling dragged Dutch shares around 1 per cent lower by the close on Tuesday, as investors reacted to renewed Wall Street weakness. The EOE Index closed 1.94 points down, 0.7 per cent, at 276.81. "Selling is across the board. KLM is the only share being bought," one dealer
        353 words
      • Article
        Untitled
        118 28 Nov 19 Clow Previous NEW YORK Dow Jones 2,931.57 2,972.72 -41.15 S&P500 379.42 385.24 -5.82 Turnover (million) 241.4 241.9 -0.5 LONDON FinanaaJ Times 30 1.887.8 1,914.9 -27.1 FTSE 100 2,463.1 2,502.9 -39.8 Turnover (million) 500.4 502.4 -2.0 FRANKFURT DAX Index 1,599.05 1,611.93 -12.88 AMSTERDAM EOE Index 276.81 278.75 -1.94 PARIS
        118 words
      • Article
        FRANKFURT
        212 28 THE Frankfurt stock market was weak on Tuesday as investors remained cautious in the wake of Wall Street's big plunge last Friday, operators said. The DAX spot trend index finished the Tuesday session at 1,599.05 points, down by 0.8 per cent from the Monday close. But the Commerzbank indicator
        212 words
      • Article
        PARIS
        144 28 THE Paris Bourse took a big hit on Tuesday, as the CAC-40 stock price index Finished the session at 1,765.09 points, down by 2.39 per cent by comparison with the Monday close. The indicator had opened the session with a gain of 0.22 per cent, but quickly got onto
        144 words
      • Article
        MILAN
        209 28 ANOTHER strong rise on Tuesday by Montedison encouraged the Italian market to recoup most of Monday's losses when the Milan bourse followed the rest of Europe down. Montedison closed 3.7 per cent higher at 1,285 lire and then gained a few more lire on the kerb to end the
        209 words
      • Article
        ZURICH
        304 28 SWISS shares ended over 1 per cent lower on Tuesday after broad selling hit the market in the afternoon session following a weak Wall Street opening and worries about rising interest rates, dealers said. A slight recovery just before the close helped prices off the day's lows. The all-share
        304 words
      • Article
        STOCKHOLM
        200 28 PRICES on the Stockholm bourse retreated Tuesday from morning gains and closed further down from Monday, when prices had plunged over 2 per cent. Dealers said the fall was mainly due to falling European markets, nervousness over the trend on Wall Street, where prices fell sharply at the opening
        200 words
      • Article
        BRUSSELS
        181 28 THE 39-point drop on Wall Street, pushed Belgian shares, which had been firmer for most of the day, to a lower close on the first day of a new two-week trading account, dealers said on Tuesday. Trading was the busiest in weeks. Most of the actively traded blue chips
        181 words
      • Article
        JOHANNESBURG
        324 28 NON-GOLD shares reversed initial small gains to close softer on balance iii thin trading on Tuesday, following Monday's sharp correction in line with a worldwide shakeout, dealers said. The overall index was 0.2 per cent, or seven points, lower at 3,457. The industrial index eased nine points to--4,195. But
        324 words
      • Article
        TORONTO
        230 28 THE TSE 300 composite index closed down 35.44 at 3,515.32 on Tuesday. The TSE 300 has dropped 60 points, since the close last Thursday. Declines, led advances 409 to 185 on volume of 27.2 million shares valued at C 5327.2 million. Toronto stocks tumbled to fresh; lows at midday
        230 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar narrowly mixed against yen, mark in late Asian trade
      1208 29 REPORTS lgtA Tokyo: The dollar inched up against the mark but remained slightly lower against the yen in the Asian markets yesterday afternoon, traders said. Mark sales for yen in mark/yen cross trades pushed the dollar lower against the
      1,208 words
    • Article
      INTERBANK FOREX RATES
      387 29 Cross rites Nov 20 USS SS MS Dm Yen SFr AS NZS USS 1.6650 2.7350 1.5980 129.70 0.5554 1.4160 1.2674 1.7637 SS 0.6006 1.6426 0.9598 77.8979 0.3336 0.8505 0.7612 1.0593 MS 0.3656 0.6100 0.5843 47.4223 0.2031 0.5177 0.4634 0.6449 Dm 0.6258 1.0419 1.7115 81.16 0.3476 0.8861 0.7931
      387 words
    • Article
      MONEY MARKET
      532 29 Interbank rates SS BM Offer Overnight 3 3/4 3 7/8 1-month 3 9/16 3 11/16 2-month 3 5/8 3 3/4 3-month 3 5/8 3 3/4 Overnight mode: 3-15/16 US> BM Offer 1 days 4 13/16 4 15/16 1 month 4 3/4 4 7/8 2 months 5 1/16 5
      532 words
    • Article
      Lock icon Weak pound may hurt Major on EC issue
      469 29 Reuter LONDON A sharp fall in the pound sterling threatens to cause an economic and political crisis for British Prime Minister John Major on the eve of a vital debate on the country's ties with the European Community. Economists and politicians said
      Reuter  -  469 words
    • Article
      Lock icon Bundesbank unlikely to up rates
      329 29 Reuter FRANKFURT The Bundesbank is not expected to raise key rates at its regular meeting today despite concern about rising domestic inflation, high budget deficits. large pay rises and accelerating monetary growth. Tension in the European Monetary System (EMS) and concern about weak economic growth
      Reuter  -  329 words
    • Article
      FINANCIAL FUTURES
      1132 29 SIMEX EUWOOOLLAW Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.95 94.97 94.94 94.95 4220 ***** 2883 94 94 Mar 92 95! 15 95.17 95.14 95.15 8872 ***** 3840 95.14 Jun 92 94.92 94.94 94.91 94.92 2800 9008 2391 Sep 92 94.62 94.63 94.60 94.61 1200
      1,132 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Rising costs set to force Indon rubber firms to cut output
      355 30 Reuter JAKARTA Indonesian rubber producers, under pressure from soaring local costs and a slump in world prices, are likely to cut output this year, say traders and officials. "Many factories are now processing less rubber than their production capacity,"
      Reuter  -  355 words
    • Article
      Lock icon Indonesia expects 1991 palm oil, copra yields up
      357 30 Reuter JAKARTA Indonesia's palm oil production is expected to rise to 3.25 million tonnes this calendar year from 2.4 million in 1990 while copra output will climb to 2.5 million tonnes from 2.2 million, a senior agriculture ministry official said. Rachmat Subiapradja,
      Reuter  -  357 words
    • Article
      Profit-taking sends gold lower in Hongkong
      812 30 REPORTS GOLD closed near its day's low of U*****.20/70 an ounce in Hongkong yesterday on early overseas profit-tak-ing and Japanese followthrough selling, dealers said. "Early overseas profit-tak-ing pressured the price following gains in New York but local short-covering and European buying interest at below
      812 words
  • Article
    PRICES
    1359 30 Rubber Nov 20 MS (fcfc In fcatw) S cents/kg Noon Close Int I RSS Prompt I35.25/I36.25N l35.OVI3b.OON Int I RSS Dec 91 I34.7VI35.25 134.50/135.00 Int I RSS Jan 92 135 50/136 00 I35.2VI35.75 Int 2 RSS OP I3I.25/I33.25N I3I.2VI33.25N Int 3 RSS OP 129.00/130.00N 129 00/130 OON Int 4
    1,359 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      880 30 NO T I C E S to toe Matter of The Companies Act Cap. 50 and In toe Matter of YUN SIN CO (PTE) LTD (In Members Voluntary Uqudakon) At an Exkaonknary General Meeting of the abovenamed company duly convened and held at 1 Colombo Court #04-IS, Singapore 0017, on
      880 words
    • Advertisement
      Page 30 Advertisements Column 2
      816 30 IN THE MATTER OF THE COM PANIES ACT. CAP 50 AND IN THE MATTER OF LIPTEX TRADING PTE LTD (FORMERLY KNOWN AS KIAN HOCK MOVERS PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of LIPTEX TRADING PTE LTD (formerly Known as KIAN HOCK MOVERS PTE LTD) duly convened
      816 words
    • Advertisement
      Page 30 Advertisements Column 3
      15 30 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 31
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1154 31 City OigM ETA Fight ETD DfcaN GA887 1415 GA894 2340 GA975 1300 Qf081 1820 QF005 2010 SQ228 2040 MiKiriw SQ23 0700 KL834 2305 KL833 0955 GA975 1300 tacfclawd NZ25 1530 BAN 1225 NZ28 1645 SQ325 2215 Bafcralw GF148 0915 GA525/ 1755 910 IMItpmi BI421 1105 SQ182
      1,154 words
    • Article, Illustration
      A city of carpets
      811 31  -  LETTER FROM ISTANBUL By Sree Kumar IN the heart of the old city of Istanbul, is Nurusmaniye. It is a lively street, full of character. Here, one can fly on magic carpets or at least try. Nurusmaniye is the carpet centre of Istanbul. Every shop on
      811 words
    • Article
      MONEY CHANGER RATES
      150 31 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3075 I.32SS Canadian dollar 1.4580 1.4875 NZ dollar 0.9340 0.9620 Sterling pound 2.9828 3.0233 US dollar 1.6610 1.6670 Local dollars to 100 units of foreign currency Austrian schilling 14.60 14.91
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      50 31 Duration Title Venue Organiser Tel Nov 18-22 International France SDSA **********0 Electronics Components Exhibition Nov 18-24 Pacific l.ima. Feria ($1)14/52.81.40 International Peru Intemacional Duration Title Venue Organiser Td Trade Fair Del Pacifico Nov 18-24 International Lima Feria (31)14/52.81 Fair for Internacional Agriculture. Del Pacifico Livestock, Fishery Agroindustry
      50 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      236 31 1 Fruit put before dog, we LnJ——LgJ——~ hear how sad! versity (4) 11 Daughter town 15 Surgeon's assistant with 16 Ritual object for male to carry in front (5) 17 Overwhelming defeat brings endless choice of roads (4) 21 E3| 18 Lily, for example, on 19 Inside future business can
      236 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      153 31 Singapore Outlook: Occasional showers in the late morning and afternoon. Report Maximum temperature 30.9 Assoc humidity 69% Minimum temperature 24.3 Assoc humidity 94% Hours of sunshine 3.70 Rainfall in mm 2.1 Rainfall this month 56.5 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/12 Showers Bangkok 32/23
      153 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      22 31 ft Fully m/morcd pmo ivt just LOOK KT we MAM OF TV46. UOBLO. DEPftt^evJT... jjjf -ds? 0549 c ASSOCIATED NEWVAPCM LTD., IM2-IMI
      22 words
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  • Article
    Lock icon Shevardnadze reappointed Soviet foreign minister
    378 32 G-7 offers new credits and debt deferral Reuter MOSCOW The Soviet Union, eager to ease Western fears of political and economic collapse, has brought back Eduard Shevardnadze as Foreign Minister and moved to close a deal on foreign debt deferral and new aid. Mr Shevardnadze
    Reuter  -  378 words
  • Article, Illustration
    President sees two sides of Shah Alam
    451 32  -  From William Chia in SHAH ALAM PRESIDENT Wee Kim Wee of Singapore saw the modern as well as the traditional face of Malaysia yesterday when he visited the Proton Saga assembly plant and the Sultan Salahuddin Mosque in Shah Alam. The President spent
    451 words
  • Article
    Lock icon Not the right time for sales tax, says HK govt
    231 32 AFP HONGKONG The government is unlikely to introduce a controversial sales tax amid double-digit inflation. Hongkong Treasury Secretary K Y Yeung told the Legislative Council yesterday that the "the government does not believe that now a time of high inflation
    AFP  -  231 words
  • Article
    Lock icon Sihanouk named Cambodia's second president
    330 32 AP PHNOM PENH The Phnom Penh government yesterday declared Prince Norodom Sihanouk president of Cambodia. leaving the country with two presidents. The surprise move came less than a week after Prince Sihanouk returned to the Cambodian capital after 13 years in exile. "The absolute legal
    AP  -  330 words
  • Article
    Lock icon Consortium picked in M$361m deal to run Klang Port
    294 32 MBT KUALA LUMPUR Kelang Port Management, a consortium led by, among others, the Malaysian International Shipping Corp (Misc), Kuok Group and the Selangor Government, has been selected to operate phase two of the Klang Port privatisation programme at a price of
    MBT  -  294 words
  • Article
    Lock icon Texas Instruments, Hitachi in 64-MB chip venture
    388 32 AP TOKYO Texas Instruments and Hitachi Ltd will share their semiconductor technology and jointly develop a future generation of powerful computer memory chips, the companies announced yesterday. The US and Japanese semiconductor makers have formed a joint design group in Japan to develop
    AP  -  388 words
  • Article, Illustration
    When the main aim of a venture is to train
    666 32  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT correspondent THE first high-technology venture in Singapore in which the government has a substantial stake has all the makings of a commercial disaster. But disaster or
    666 words
  • Article
    Lock icon US Senate wants UN probe in E Timor
    177 32 AFP WASHINGTON A US Senate committee has approved a resolution urging President George Bush to press for a United Nations probe in East Timor where Indonesian forces last week shot and killed at least 19 people. Legislators on Tuesday also called on
    AFP  -  177 words
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Page thumbnail Page 33
  • Shipping Times
    • Article
      TWRA to raise rates, impose terminal charge
      462 33  -  By Selva Kumar SINGAPORE Shippers will have to pay more in the New Year for goods shipped from the US to Asia on member lines of the Transpacific Westbound Rate Agreement (TWRA). And also for the first time, the TWRA has imposed a
      462 words
    • Article
      Myanmar Container Line deploys bigger ship on Singapore route
      325 33  -  By Rahita Elias SINGAPORE Myanmar Container Line (MCL) has boosted its fortnightly service between Singapore and Myanmar by deploying a larger vessel on the route. The carrier, a joint venture between Myanmar interests and a Swiss transport group, is now using
      325 words
    • Article, Illustration
      Lock icon Taiwan, McDonnell Douglas sign provisional agreement
      444 33 UPI TAIPEI McDonnell Douglas Corp and Taiwan Aerospace Corp yesterday signed a memorandum of understanding allowing the Taiwan firm to purchase 40 per cent of the ailing US airplane makers commercial division for US$2 billion (553.4 billion). If concluded, the deal would set up
      UPI  -  444 words
    • Article
      Lock icon Taipei plans to expand aerospace industry
      157 33 Reuter TAIPEI Taiwan plans to plough about US$4 billion (556.7 billion) into aerospace manufacturing facilities in the first half of this decade, organisers of the island's first international aerospace exhibition said. The figure was contained in an official news release by the exhibition organisers,
      Reuter  -  157 words
    • NEWS SUMMARY
      • Article
        Bulk carrier losses: a look at the causes
        41 33 LAST year, more than half the tonnage lost was accounted for by bulk and combination carriers. The International Maritime Organisation explains the dangers that carriers face in carrying their bulk cargoes Page 2
        41 words
      • Article
        Sealink gears up for Channel Tunnel battle
        55 33 BRITAIN'S second largest ferry operator is preparing to do battle with a competitor which may undermine its business the Channel Tunnel. For Sealink Stena Line Ltd, 1992 will be the year when it either makes a profit or has to link with a
        55 words
      • Article
        EC may object to tunnel rail deal
        41 33 AN ACCORD giving stateowned British Rail and SNCF of France sole rights to run trains through the Channel Tunnel may face a challenge from the European Community's Competition Commissioner Sir Leon Brittan Back Page
        41 words
      • Article
        BAA cuts investments planned for Heathrow
        39 33 AIRPORT operator BAA pic said it would spend less than previously planned on investments for expansions at London's prime international airport, Heathrow, following a new price structure announced by UK authorities. Back Page
        39 words
    • Article, Illustration
      Bulk carrier losses: a look at the causes
      1788 34 Last year, more than half the tonnage lost was accounted for by bulk and combination carriers. The International Maritime Organisation explains the dangers that carriers face in carrying their bulk cargoes FOR the shipowner, the bulk carrier has many advantages. It is
      1,788 words
    • Article
      COCKETT BUNKER MARKET REPORT
      854 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      854 words
    • Article
      DAILY FREIGHTS
      883 34 TREIGHT market activity slowed on Tuesday after the re- .cent drop in Atlantic rates and as I some uncertainty still surrounds Soviet grain decisions, brokers Isaid. The Baltic Freight Index was down three points at 1,605 with l most panamax routes suffering downward adjustments. Reports US Gulf/Japan had
      883 words
    • Article
      INDEX TO ADVERTISERS
      908 34 Page Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 3 Bangladesh Shpg 8 5 The Bank Line
      908 words
    • Article
      THE SHIPPING GUIDE
      10151 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
      10,151 words
    • Article
      SHIPPING AGENTS
      3329 47 Containerilne NV: Bdsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,329 words
    • Article
      COURIER SERVICES
      281 47 \bacas Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. A r*_ _L f~* ial i Airoome rrngni Lorpofiuoci Tel: 542-8844. Fax: *****16, *****80. A {■■■.{A ti; -a -a__ i /> Airs win norMwide tonnfr Tel: 278-0188. Fax: *****83. AJS Sappiies Tel: 748-6322 (2 lines),
      281 words
    • Article
      AIR FORWARDERS
      1520 47 Abex Expreaa Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aeroliak Freight latenwtioaaJ Td: 545-803jTFax: *****05. Td:"542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Expreaa lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air Market Expreaa Td:
      1,520 words
    • Article
      PORT CONDITIONS
      2967 48 ARGENTINA Labour working normally this week. Baeaos 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. Su Lorenzo: Five vessels in port of which 2
      2,967 words
    • Article
      AIR FREIGHT SCHEDULE
      553 48 ARRIVALS Op Flight Type ETA T Fran TODAY KAL KE697 B747F 0150 I SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO NWA NW90I
      553 words
    • Article
      SHIP SALES & TANKER RATES
      1036 48 SHIP SALES TANKER RATES VESSELS ON OfFER Mk Carriara Amolani: 72,073 dwt and built Sept 197S Ishikawajima, on offer for US$ll,OOO,OOO. Seafckoa: 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+W, on offer in
      1,036 words
    • Article
      CRUISE & FERRY SCHEDULES
      625 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Pep Nat of Vessel ETA ETD Potts of CaBs Port Aft MV 21 22 Fuji Maru 0800 2300 Youth Ship- Mitsui OSK Lines Seminar Cruise 21 21 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 21 21 Renaissance IV 0400 1600 Semarang-Sin- Barwil Agencies Semantic
      625 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        555 49 fry te Bill Mj Marin Terminal 1 Batam Baru B107 M04 alongside 2011/2300 Batam Mam *****1 M03 alongside 21 11/2300 Batarwndo 1 123S M01 ator«s<de 20.11/1700 Citra Jaya *****1 M04 akx«ade 20 11/2300 Garuda G23 M05 2011/2300 Hosho Maru 9118N M01 akx«s*ie 21 11/0600 Mun 3 312/91
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        IN MALAYSIAN PORTS
        144 49 fc- M^-4 jofiorg run B«Hc 1: Pernas Safari; 2: Emily, Dong Dhap; 3: Nil; 4: Twin; 5: Baroma; 6: Nil. Gl jatty: Young Chemcarry, Southern Queen, WyuysK. OCJ: SemaraK. Ow on Nov 20: Pengeran, Milton No 3, Hun Jiang, Wan Hai 206, Barge Sea Admiral, Bunga Kemuning.
        144 words
      • Article
        CONTAINER SCHEDULE
        775 49 KMMMiltWMUm 9 a* Voy No Ro Etb/Btr Pi cord riod Boofci*/B4ancf From T« IMs From Ace Concord 24W 24/0900 21/0700 21/1200 21 21 /1159 /1459 n ACX Uy 17B 22/2300 20/1500 20/1700 21/1200 20/1659 21/0659 21/1459 20/1900 21/0900 21/1700 Adrian Ms 9202 22/1400 20/1500 20/1700 21/0700 21/1200 20/1659
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    • Article, Illustration
      Lock icon Sealink gears up for Channel Tunnel battle
      320 50 Reuter ASHFORD, England Britain's second largest ferry operator is preparing to do battle with a competitor which may undermine its business the Channel Tunnel. For Sealink Stena Line Ltd a subsidiary of Sweden's Stena Line AB, majori-ty-owned by the Olsson family's private group
      Reuter  -  320 words
    • Article
      Lock icon EC may object to tunnel rail deal
      162 50 Reuter BRUSSELS An accord giving state-owned British Rail and SNCF of France sole rights to run trains through the Channel Tunnel may face a challenge from the European Community's Competition Commissioner Sir Leon Brittan. European Commission sources said on Tuesday lawyers working for
      Reuter  -  162 words
    • Article
      Lock icon BAA trims back investments planned for Heathrow
      259 50 Reuter LONDON Airport operator BAA pic said it would spend less than previously planned on investments for expansions at London's prime international airport, Heathrow, following a new price structure announced by UK authorities. John Egan, chief executive of BAA, said on Monday he
      Reuter  -  259 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      175 33 Now, NOL has created an enhanced and improved North America Express Service. For the North America Atlantic Coast the Asia-East Coast Express you'll enjoy all the benefits of speed: just 22 days from SIN-NY. While for the North America Pacific Coast there'll be 4 routings from the Far East for
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      Page 33 Advertisements Column 2
      62 33 the jg FAMOUS CifURO Pi ■iHIIISI* 224 1833 I For more information please refer to Fx. 13 m B BUT IF YOU'VE NOT HEARD OF US... A V m ft f I H I I V. ■i i 'H J ...then you J ain't in I I shipping 1 r
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      Page 33 Advertisements Column 3
      53 33 A* Forwarders 15 FrofM Schedule 16 Cockett Report 2 Contaner Schedule 17 Couner Services 15 Cruse I Feny Schedules 16 (My 2 Index to Advertisers 2 Port Condtom 16 9W Ajrts 15 S>w« Gudt 10.11 Stafntes/Tadw Rates 16 Shps m Port 17 Singapore Tides 17 Transport Gary 3 Weather and
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      99 34 We wish to announce that our conventional service agency representation in Singapore will be changed from Everstar Shipping Co. (Pte Ud) to Newship Agencies Pte Ltd with effect from 10 December 1991. We take this opportunity to thank Everstar Shipping Co Pte Ud for their past services rendered to us.
      99 words
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      Page 34 Advertisements Column 2
      90 34 NOTICE NOTICE M.V. QUEEN DENIS VOY. 1 ARRD SINGAPORE VII/ 91 "ADVENTURE QUEEN" VOY. 1 ARRD SINGAPORE *11/91 Consigness of all damaged cargoes ex the captioned vessels ate hereby notified that a general survey will be held on the 22nd November 1991 (Friday) Pasir Panjang Wharves at PTIO *****200 hrs.
      90 words
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      Page 35 Advertisements Column 1
      2485 35 OOCL (S) PTE LTD JAROWE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \|||f/ gf^■ BOOKINGS TEL: *****34/*****58 ■ailllW TERMINAL/CFS TEL: *****18-220 PESAKA JARD4NE SHIPPING AGENCIES SON. BHD L M PORT KELANG TEL: *****18 FAX: *****91/ *****88 r, 7~TT —o PENANG TEL: *****4 FAX *****1 CFS TEL *****6 ■SSS Dedicated to Quality
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      Page 35 Advertisements Column 2
      1853 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 (BIMCO) at the Singapore Port Institute. For further information and registraItion. please contact SNSA at tel: 278-3464. No* 21-22: Seminar on International Trade
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      Page 35 Advertisements Column 3
      1549 35 TWO SAILINGS TO USA LAUST MAERSK V.9114 ETA SIN 25/11/91 MARIE MAERSK V.9202 ETA SIN 26/11/91 VmM Voy ETA I ETO Feeder by wo*, Lynn/ DESTINATIONS Johanna to VnpRBBUUIUHUjWBBBBHBi CFS 25/11 2358 HRS Keiang Penang OAK LGB HOU MEM ATL MIA CHS BAL PHI NYC MOW TOW MARIE MAERSK *****
      1,549 words
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      Page 36 Advertisements Column 1
      990 36 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KURAMA 13/146 21/11 15/12 11/12 10/12 JPRWS FRANKFURT EXPRESS 59/346 24/11 11/12 13/12 16/12 17/12 KASUGA I 18/147 28/11 21/12 17/12 16/12 ORESOEN EXPRESS 02/347 1/12 18/12 20/12 23/12 >lwMi> KAMAKURA 20/148 5/12 28/12 26/12 23/12 *2525. MONTE ROSA 16/348
      990 words
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      Page 36 Advertisements Column 2
      753 36 k—, SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN NOU Sl/V PPT IMPERIAL 2901E8 27/11 12/12 15/12 21/12 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA NUKUALOAFA DWECT CWLE/ SOUTH AMERICAN SERVICE SIN 100 ANF VAP CLX IMPERIAL 2901E8 27/11 3/1 5/1 11/1 12/1 ALSO ACCEPTING CARGO TO AftlCA.
      753 words
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      Page 36 Advertisements Column 3
      1527 36 I ratlflJiM 3MMW" IHMHi REGULAR MOEPENOENT FULL CONTAINER SERVICE WESTBOUND F6R EUROPE VSL/VOV SM ALG OCL HAM BRE ROT ANT FEL DM («M (VM (MA ALG) HAM) ROT) 2?#! 18/12 17/12 20/12 22/12 21/12 23/12 22 12 CHMA SEA 138W 01/12 22/12 24/12 27/12 29/12 20/12 30/12 29/12 30/12 NORASM
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      Page 37 Advertisements Column 1
      1900 37 Steamers Maritime Holdings Ltd P&O I JTW STRAITS SHIPPING Containers gjgag^Sl t H'Ktnf #fkl I'pare N| lea IM Ret Hko KOM lIMIUIII4 IS/U 17/11 17/11 21/11 09/12- 00/12 00/12 11/12 ORRNTAI MY 057* 20/11 17/11 21/11 10/12 12/12 14/12 ACCEPTS DUE WIS lEBE MAERIK 9114 22/11 24/11 24/11 27/11 12/12
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      Page 37 Advertisements Column 2
      52 37 &SEACROSS Loading SIN DESTINATION MV GREAT STAR" VOY 3W 20-25 DEC DUBAI S'pwc: Seacroas Shipping ft Chartering Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: Galaxy Shipping Agency Tel: (09) *****5/6 A O H. Tel: (09) *****3 Tetex: ***** GALAXY EM Fax: (09) *****4 ajtwfan <r Ourtmt (Orj Cmf) Jim
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      Page 37 Advertisements Column 3
      1965 37 TO: U.BJL/PANAMA FM: U.SJL/PAMAMA »»t/wi v ow la ob fbn say nor nyc ntcti wi mi w »i an LCR om v CHOYANG WORLD EFI44 23/11 17/12 10/12 27/12 11/12 1/1 1/1 4/1 lAMN XNATOR 11*140 10/10 U/10 11/10 10/10 27/10 20/10 27/11 CHOYANG GMNT IT2OI 10/11 24/12 25/12 1/1
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      Page 37 Advertisements Column 4
      354 37 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR TAKAMATSII/ HIMEJI/TOKYO SEKI AKEISHI V6B ETA SPORE 1/12 ETA PK 4/12 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DON CT GLOBAL SAHOtS VIN 94 94 94 22/11 21/11 5/12 ■ft Vlll* 23/12 1/1 4/1 IS/1 22/1 31/1 •Mm c* U-
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      Page 38 Advertisements Column 1
      504 38 SBfiBB CR NBR 11(*****000-0 EXPRESS SEMI-CIMTAINEBSHIP SERVICE TRERRRPE WL/W fiSri IMM/MMM tfUK BREMEN MTNEV XMHIHIM 13/12 13/1 17/1 22/1 25/1 RUTM/2MI 4/1 t/2 11/2 15/2 20/2 FAST TRANSIT TIME ACCEPTMG BREAKBULK/CONTAMERISED CARGO «o Wttmmmmml Ateo ■ccepMin cargo I* C—bluci. Port Said, Part Alexandria, Ganoa, Trtaata ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL
      504 words
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      Page 38 Advertisements Column 2
      840 38 I 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
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      Page 38 Advertisements Column 3
      1126 38 d-1 rl n"3"EP"^k INL»iK«uwiiiainiiTiDuiaiittMtuiHiHiiriKn(ian «r I I auw R-OSS 21/11 h n 2VU 27/12 21/11 2/12 1/12 VU 4/1? 7/12 1/12 a/12 1/1 S/l VI IVI IC/1 17/1 IS/1 a/1 2S/1 VI U/2 11/2 I E awn* K-OM 27/11 2VII 1/12 VI2 Vl2 J/12 11/12 12/12 11/12 M/ 12 IVI2
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      Page 39 Advertisements Column 1
      1849 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) BOOKINGS: NEPTUNEUNKTEL *****00 UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE :27 ***** 2SSL *****22 DOCUMENTATION DEPT *****44/*****14 CFS: MB2 IMPORT *****369/*****60 CPS: MB2-EXPORT *****63/*****04 nepune son bhd Malaysia 3689e87 P»nang-(04) *****0, J.Bahru-<O7) *****3, *****4 PT
      1,849 words
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      Page 39 Advertisements Column 2
      1007 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/897 PORT KELANG: *****43/ *****40 PENANG: *****41 *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES mSOtMfIHC WOIBOI—>—IOMW6 TOMBHWH) H* ■OTIBDMI j 5! 6 m wa Iwe l—( In. jum K bo.
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      Page 40 Advertisements Column 1
      1498 40 K¥7^ M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I wi M MALAYSIA: m K" UNE MARITIME (MALAYSIA) SON BHD I -BL mJL X U m TELSA *****00 PK *****01/5 PENANG *****0 J*****01 mmmm KAWASAKI KISENKAISHA, LTD INDONESIA: P.T.SARANALALTTINTERNUSATELJICT
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      Page 40 Advertisements Column 2
      1244 40 IfS PHIU-ORI€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR SEA..„. *VE TAKE ON THE WORLD FOR YOU (wft MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 23 NOV DUBAI. DAMMAN. SHARJAH. DOHA. 25 NOV MONTREAL OTTAWA
      1,244 words
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      Page 41 Advertisements Column 1
      1202 41 PACIFIC INTERNATIONAL UNES (PTE) LTD mm i m Hi PIL Building, 140 Cecil Street *0300, Singapore 0106. IJAKARTA BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN BUNQA TERATAI 473 24/11 29/11 1/12 PEQASUS PROGREBS 883N 22/11 28/11 28/11 EDEN 481 28/11 28/11 3/12 JENLINK 78N 23/11
      1,202 words
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      Page 41 Advertisements Column 2
      1016 41 If BEN LINE CONTAINERS LTD I 2CX) Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 11 Singapore 0208. Telex: RS ***** I VESSEL VOYNOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG I FRANCE HOLLAND UK GERMANY/SCAN SWEDEN I Ctly of Edinburgh 416 21/11 12 14/_l2 Z I Alsia 428
      1,016 words
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      Page 41 Advertisements Column 3
      456 41 ZZr MYANMA FIVE STAR LINE (Myanmar National Una) Loading for Yangon (Rangoon) S'port P.KIf Pen PGdf HPA-AN VI69W 25/2« Ho* PMVA *11 rw 30/2 OK PAGAN VI7CN 30/2 OK HPA-AN VI7OW 7/9 Ok THE BANK LINE (A —nrica o< Audit w Wetc Whipping) Yi SEMI-CONTAINER SERVICE HEAVY UfT CAPABILITY I
      456 words
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      Page 43 Advertisements Column 1
      754 43 ■ffffPnpmiiMMH i iii i ill II 1 ScanDutcM>l TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY PEEOEW VESBtL P.KLAMO HMWO OCCAM VESSEL SIN ILE HAVWEdHTOAMO) SHAMPTOHQ) WUWO<4) aWMlii" Saraja/N Nmh 10/11 */U 9/11 7/11 City a( E<Murfh/4lt hi Pt 13/12 14/12 Unit/m. Bhun 19/U 17/U 14/U IC/U Mia/429 29/11 12/12 13/12 15/12 19/12
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      Page 43 Advertisements Column 2
      635 43 3 Nedllovd NED LLOYD MEDITERRANEAN T NedlloydLines SERVICE OFFERS YOU 18 DAYS TO LIMASSOL 1 NEW ZEAIAND/FW VESSEL Jkt PKf *Pm *Bkk Sin Sltaya Auckland Fii(A) flfTri—iithffll fnam LyttaJton(B) NaoMr MM«(C) Tauranga N Rotter dam/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 18/12 19/12 20/12
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      Page 44 Advertisements Column 1
      839 44 TO AUSTRALIA/NEW ZEALAND "wi fjil |Frm ||M |j»d lAuck |WC IP CHAIM MARTHA IMI 21/11 27/11 3/12 f/1? 11/12 13/12 14/12 EIICT HUNG 212 1/12 J/12 M/ 12 11/12 24/12 27/12 MUSSEL 2U 19/12 2t/12 ~TF\ »/l 14/1 TTTi C ffMIMI 2M S/l 12/1 17/1 21/1 2«/ l JO/I TO
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      Page 44 Advertisements Column 2
      853 44 EXPORTS TO HONGKONG TAINAN, MANH.A t JAPAN TWICE WEKIY MALACCA STRAITS SERVICE OUTBOUND VOY PRL PEN MI SW MNL HKG KAO Kg TYO StU NGO KM II VESSEL VOY |S« |FKL PEN BLW SM ACXHY 178 *17 11 *1511 19 11 22 11 26 11 21 11 312 412 512
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      Page 44 Advertisements Column 3
      230 44 I SEAWARD SHIPPING AND TRADIN6 CO (S) PTE LTD in no eta SPORE KMT KELANG PENANG BLUE IMH a/11 LaaCing tor MM KUVAI HUDHU 2/12 Loading tor Calcutta Damn 1/12 Loading For Male PIONEER SUPREME 2/12 Loading For Male DONAKIAM IN PORT Loaded For Fekwaru WOOfSS LBERTY 26/12 23/11 Hi
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      Page 44 Advertisements Column 4
      1562 44 nnTsn N V? CHINA OCEAN SHPPtNG COMPANY FULL CONTAINER LINBR SERVICE MALAYSIA s agents SINGAPORE'S GENERAL AGENTS nxmesm-s agents CHUNG BHO COSTAR SHIPPING PTE LTD P T. GLOBAL PUTRA r TEL: *****00/*****33 INDONESIA MARITIME PENANG -TE *****1 Til W ***** TELEX: IK *****/1 COSHT MT TEL (121)3(1137, 3(17(4 FAX* *****66/7
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      Page 45 Advertisements Column 1
      683 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES lIMASSOL/PIREAUS 26/11 ROTTERDAM 24/TI HAIFA/ASHOOD/ALEXANDRIA 26/11 HAMBURG/BREMEN 24/11 MARSEILLE/FRANCE 26/11 FELIXSTOWE/UK 24/11 BARCELONA/SPAIN 26/TI LEHAVRE/ANTWERP 24/11 GENOA/ITALY 24/11 GOTHENBURG/SCANDINAVIA 24/11 LOS ANGELES/WC/PI 24/TI SYDNEY/MELBOURNE 30/11 NEW YORK/EC 24/11 FREMANTLE 30/11 VANCOUVER 24/11 BRISBANE/ADELABE 25/11
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      Page 45 Advertisements Column 2
      940 45 SMCMFIELO MARINE AGENCIES IS) PI LTD TEL: *****33 (12 Urn) m FAX: *****15/*****03 |jO TELEX: R3 ***** ROMP (3 UnM) lS\ ETMOPUN SMPPMG HUES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIOIAL VESSEL |VOY ETA LOADING FOR SPORE ANOINET 25 WB 16/12 OARESSALAAM. MOMBAS DJIBOUTI ASSAB MASSAWA ABBAY WONZ
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      Page 45 Advertisements Column 3
      410 45 JAKARTA BANGKOK msm m m m [warn jit:l- mmm "nuntr "l BHUM UK 2VII 2t/ll NARTA BHUM jj* hh 2X/U Sun "l 24/77" 21/11 GWU BHUM OCR Frl 22/11 Mm 25/11 2U! »m__ MAHABNUM# MR S7IT" iiS Mil 3/12_ EAGLE WIND 143 1/12 t/12 rn 19,11 SURABAYA -2S2L T y•
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      Page 45 Advertisements Column 4
      342 45 IHB4W VSL VOV tBOQAPORE MADRAS SINGAPORE VESSEL VOV SM MM SM TIGER SHARK 03N 24-25/11 01-03/12 09-10/12 TIGER BRDGE IMN 20-29/11 05-07/12 13-14/12 TIGER MY 101N 04-05/12 11-13/12 19-20/12 VSL VOV ■WaaPORE/CALCVTTA/SWOAPOng VESSa VOV SM CM. SM LHOTSE 412 27-20/11 04-00/12 14-15/12 IKER RIVER 140CNB 04-05/12 11-15/12 21-22/12 EMU BREEZE
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      1528 46 S'PORE 2SESE 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 PFN PK CIN PEN PK S,N 7R/1I 97/11 9fl/i. /OA /a Colombo 28/11 29/11 30/11 5/11 5/11 /rwu Ourban/Pt Louis 22/11 23/11 24/11 24/11
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      Page 46 Advertisements Column 2
      1165 46 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER COMTAIWER SERVICE* SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA kssel Ivot leta Isest wessel wt spttt p. mm
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      127 49 B^^BBpMj^^^^BWMkiiiiii' i| ii I' l 'in 'I'lill if i'i 'h 1 ii'i'i' 1 'I iMiiliiiilil"lil^^BH^^Bffi Scalpel...scissors...sutures.> Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. a^v tek^WeUMO^toma^retUrnSon Essential information accessible every business «lay your money. through Business Times. In the same way
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      295 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) MM MM MM «2M MM MM KM MM I7M MM MM MMIIOOI2MI3MI4M ISM MM 17M MM MM 2MIZIM 22M 23M It 2.4 2.0 L 5 1.2 10 10 12 1.7 23 29 3.1 30 2.7 2.2 15 10 06 04 04 07
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      912 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAMNE CO. LTD. EABTBOUMO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FHDQ WT W f« |Ml UK HW WT MO UH 0M SU UK HMI WT MO TCW» fll WMHM2K MM 11/11 19/11 21/11 H. tVUMR 441 21/11 IJ/12 19/12 21/12 IWD
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      Page 50 Advertisements Column 2
      144 50 gig PT. CELEBES LINES Weekly FCL LCL Shipping Services ¥7XI General Agents: Common Freight Carriers pte ltd. K 7 rata MMO #01-2t TAMONG PMM COffUX V SNUraK 02M lEL *****5S TCUX: *3 2M29 FU: *****92. 22MCS9 Nrtwt •ai tt uimmw TWICE WEEKLY SAILMGS PAS* GUDANG/SWGAPOK VESSEL JOSMDO SATU SOUTH BOUND
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      Page 50 Advertisements Column 3
      721 50 CHARTPOINT Every Saturday in Business Times 1 /CVISA FREIGHT SERVICES PTE LTD^I E,ta6toh«lB) B o.l*4 We Sail The World For You REGULAR GROUPAGE La CONSOLIDATION SERVICES IMPORT EXPORT Oceania Port-of-Call Far East Port-of-Call Australia: Bangkok Sydney Hong Kong Melbourne Manila Fremantle Keelung New Zealand: Auckland Penang PKelang inland destinations tnLun
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