The Business Times, 22 November 1991

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MCI (P) 16/12/90 Friday, November 22, 1991 THE BUSINESS PAPER EOR S-E ASIA 75'
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  • NEWS SUMMARY
    • 44 1 FRANKFURT Germany's central bank left domestic credit policies unchanged after a regular meeting of its council yesterday, a Bundesbank spokesman said. The discount rate stays at 7.50 per cent and the Lombard emergency financing rate at 9.2S per cent.
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    • 46 1 WASHINGTON The number of Americans filing for unemployment benefits for the first time rose sharply to 493,000 for the week ending Nov 9, hitting its highest level since April, when the economy was in recession, the Labour Department said yesterday.
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    • 18 1 rN RESPONSE to feedback. Singapore Telecom has further fine-tuned its time-based charging system Page 3
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    • 26 1 THE Singapore government's ethnic-based approach to uplifting the socio-economic status of lower-income Singaporeans is correct, says Prime Minister Goh Chok Tong Page 4
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    • 22 1 IN LINE with the traditional year-end rise in demand, vehicle quota premiums for December have reached record levels Page 4
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    • 26 1 CHANGES to tax incentives introduced in the Malaysian 1992 Budget will affect the country's export-oriented manufacturers. says a stockbroking firm Page 10
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    • 22 1 MALAYSIA is offering new production-sharing contract (PSC) terms for deep-sea exploration. says the president of Petronas Page 10
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    • 30 1 JAPAN should share the secrets of its economic success so that other countries can learn from its experience, says a top World Bank official. Page 11
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    • 23 1 A JAPANESE government panel has drafted a controversial proposal allowing unskilled foreign workers to work for limited periods Page 11
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    • 36 1 STRONG returns from concentrating on moving marine and salvage industry spares may soon force local air freight company Griffin Kinetic Pte Ltd to drop other general cargo from its business. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 28 1 WALL STREET opened lower yesterday with the Dow Jones index of 30 leading industrials falling 6.71 points to 2.923.30 in the first five minutes of trading.
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    • 36 1 LONDON share prices were lower at midday yesterday, on investor caution ahead of Wall Street's opening. At about 1215 GMT. the FTSE 100Share Index was down 11.7 points, or 0.5 per cent, at 2.460.8.
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    • 23 1 SINGAPORE Press Holdings has been appointed the first Umbrella Service Provider (USP) for Singapore Telecom's Teleview system Page 6
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    • 31 1 PETRONAS will acquire a major stake in a state-owned giant gas project under a government plan to help ease the strain of heavy yen-denomi-nated loans Page 6
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    • 30 1 THE Wing Tai group's property income, at $33.58 million for the financial year ended June 30. is nearing that of its garment business Page 6
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    • 31 1 FRENCH banking and investment group Banque Paribas is planning to buy equity stakes in Asian companies, including Singapore corporations, says its director of international operations Page 9
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 706.35 +3.78 Kuala Lumpur ...537.59 +1.87 Tokyo 23,177.84 -22.02 Hongkong 4.234.57 +33.63 Sydney 1.648.1 18.4 Wednesday Change New York 2,930.01 -1.56 London 2,472.6 +9.5
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    • 24 1 Exchange rates USS SS 1.6635 100 Yen SS 1.2836 MS SS 0.6074 Money market rates Overnight 3 3/8 -3/8 3-month 3 9/16% -1/16
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    • 37 1 London Gold AM fix USS363.75 USS1.20 Rubber S'pore Dec 133.75'/kg -0.75 M'sia Dec 22l.50*/kg -0.50 KL Tin Turnover 53 tonnes +28 Spot MS 14.64/kg unch Crude palm oil Turnover 898 lots -45 Feb MS872 /tonne +8
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  • 585 1  -  HKs79sm sale likely to help cut Vincent Tan's short-term debts From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Berjaya Industrial Bhd. the diversified conglomerate controlled by tycoon Tan Sri Vincent Tan Chee Yioun, has sold its entire holdings in Hongkong's publicly listed Semi-Tech (Global)
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  • 289 1  -  From Maggie Ford in JAKARTA THE Indonesian government is hoping to resume its privatisation programme, interrupted by the poor market conditions of the past few months. Capital Market Supervisory Agency (Bapepam) chairman Marzuki Usman said last night. The first privatisation, involving PT Semen Gresik.
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  • Article, Illustration
    97 1 SINGAPORE It's not done to have guests of honour singing for their supper, especially if they are ministers as well. But BG George Yeo, Minister for Information and the Arts and Second Minister for Foreign Affairs, and Liu Thai Ker, Chief Planner and head of the Urban
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  • 165 1 Reuter WASHINGTON House lawmakers unveiled a Bill requiring the General Accounting Office to complete a study on the competitiveness of the credit card market within nine months. The Bill, offered by Rep Esteban Torres, D-Calif, and Rep Charles Schumer, will be voted on
    Reuter  -  165 words
  • 176 1 Reuter WASHINGTON A group of business economists said yesterday that they did not believe the US economy would slide back into recession but warned that the recovery would be nothing to get excited about. The National Association of Business Economists survey showed that members were
    Reuter  -  176 words
  • 39 1 A MAN to watch. Just 44, and in close sight of the highest elected office in the land. Will Anwar Ibrahim, Malaysia's Finance Minister, get to the very top? Leslie Lopez reports from Kuala Lumpur.
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  • 625 1  -  Exclusive interview with Thai PM From Michelle Rowe in BANGKOK VIETNAM, Cambodia. Laos and Myanmar could link with Asean in the long term, either through membership in the non-communist grouping or through some form of collaborative arrangement with it. Stating this in an exclusive
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  • Page 1 Advertisements
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    • 10 1 "v« v taavii «uiv i. Full report on Pg 4
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  • PAGE 2 NEWS
    • 769 2  -  Exclusive interview with Thai premier From Michelle Rowe in BANGKOK THAILAND's Prime Minister, Anand Panyarachun, steered clear of direct criticism of Thailand's military and the controversial draft constitution but said military takeovers set the country back "two or three
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    • 475 2 BANGKOK Thai Prime Minister Anand Panyarachun says his nation's annual economic growth of more than 10 per cent in each of the past three years has been like a "runaway train". "The growth has been too high, but when you talk
      475 words
    • 317 2  -  By Salil Tripathi SINGAPORE Singaporean firms participating in an investment seminar in Islamabad have praised the incentives being offered by the Government of Pakistan as among the most liberal in the region, according to a BBC broadcast. Pakistan's minister of industries,
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    • 546 2 BANGKOK Prospects for Thailand's economic growth are generally bullish with government officials and financial institutions projecting a growth rate of at least 7.5 per cent in 1992, The Nation reported on Tuesday. Thai Deputy Finance Minister Virabongsa Ramangkura, in a recent lecture
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    • 359 3  -  Asean-Japanese Businessmen's Meeting By Harish Mehta SINGAPORE Japan has surpassed the US as Asean's leading trading partner, the Senior Minister of State for Education, Dr Tay Eng Soon, said at the opening of the 17th Asean-Japanese Businessmen's Meeting yesterday. Trade between Asean
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    • 261 3 SINGAPORE Japan should open its markets to more Asean goods and increase local participation in the management of Japanese subsidiaries, says a leading Japanese businessman. Tokutaro Hirose, president of the Nippon Life Insurance Research Institute, told the Asean-Japanese Businessmen's meeting that globalisation of
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    • 187 3 Bernama KUALA LUMPUR Malaysia Airline System Bhd recorded group turnover of M 51.777 billion (about SSI.OB billion) for the halfyear ended Sep 30, 1991, up 27.4 per cent from M$ 1.395 billion in the previous corresponding period. Announcing its unaudited results here yesterday, it said
      Bernama  -  187 words
    • 173 3 Bernama KUALA LUMPUR The Ministry of Finance will announce within one month its decision on the Employees Provident Fund's proposal to raise the withdrawal ceiling for house buyers, Deputy Minister Datuk Loke Yuen Yow said yesterday. Mr Loke confirmed that the ministry had
      Bernama  -  173 words
    • 380 3  -  Time blocks halved; minimum deposit reduced By Rahita Elias SINGAPORE Singapore Telecom, in response to feedback from the public, has further fine-tuned its time-based charging system. Among the measures to be implemented are the halving of time blocks used for charging local calls and the reduction
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    • 426 3 AFP HONGKONG British Columbia's newly-elected left-of-centre premier sought to reassure some of Hongkong's most important businessman yesterday that they were still welcome in the western Canadian province. "I made it clear that we're open for business," Mike Harcourt told the businessmen after a private
      AFP  -  426 words
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  • SINGAPORE NEWS
    • 513 4  -  Commitment to multi-racialism Vigilance against using ethnic, religious appeal 6* Yang Razali Kassim THE government's ethnicbased approach to uplifting the socio-economic status of lower-income Singaporeans is correct. And it will not bring Singapore back to the racial chauvinism of the past. But as self-help groups
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    • 453 4  -  By Selva Kumar VEHICLE quota premiums for December have reached record levels, reflecting the impact of the traditional year-end rise in demand and the continued influence of distributor subsidies. Records have been set in all categories except those for small cars, which showed
      453 words
    • 355 4  -  By Elaine Koh AESTHETICS took centrestage as the Real Estate Developers' Association (Redas) unveiled plans last night to start a fund encouraging art works in buildings. Developers cannot get by with the "mere provision of a cell for living or working", but must
      355 words
    • 219 4 LOCAL personal-computer manufacturer AVS Electronics hopes to sell about 24,000 PCs next year following the launch of a new range of products yesterday. The company, which sold 16,000 of its Aztech-brand PCs last year, is pinning its sales hopes on its new
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    • 330 4 A EUROPEAN-BASED group which provides telecommunications services to major airlines says it will be able to cut average response time by more than half through a new high-tech switching centre officially opened yesterday at Loyang. Bernard Leroy, general manager (Far East and Pacific)
      330 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 130 6 KUALATUMPUR Setron (Malaysia) Bhd is proposing a three-for-two rights issue of 56,550,000 new ordinary shares of Msl (550.60) each at par to raise money to pay off its borrowings and for working capital. Commerce International Merchant Bankers Bhd, on behalf of Setron, said that
        130 words
      • 54 6 SINGAPORE Amtek Engineering Ltd said it bought two freehold factories in Taman Perindustrian Cemerlang, Johor Baru. Amtek is planning a M 5458,000 (*****,8000) extension to the buildings, bringing the total investment in the factories to M 53.6 million. The acquisitions will house the expansion of
        54 words
      • 27 6 SINGAPORE Mr Chen Choong Joong, a senior partner in a law firm, has been appointed director of Superior Metal Printing Ltd, effective yesterday.
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      • 36 6 SINGAPORE The last day for trading in UOL Warrants 91 on the Stock Exchange of Singapore will be Dec 12. The counter will be removed from the official list by Dec 27.
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      • 36 6 HONGKONG The Hongkong dollar equivalent of 3.4 US cents (5.7 Singapore cents) interim dividend declared by Jardine Matheson Ltd was calculated as 26.3653 Hongkong cents yesterday. It will be paid on Nov 28.
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      • 44 6 SINGAPORE Shangri-La Hotel has appointed Mr Goh Soo Siah as the fifth member of its audit committee, effective Nov 20. The other members are Messrs Edmund William Barker, Ang Poon Soon and Shaw Vee Meng, and Mdm Kuok Oon Kwong.
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      • 22 6 SINGAPORE United International Securities announced that it sold 104,000 UIS Warrants 95 for 25.5 cents each on Wednesday.
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    • 390 6  -  Group can now sublet memory space on Teleview system By Lilian Ang SINGAPORE Singapore Telecom has appointed Singapore Press Holdings Ltd (SPH) as its first Umbrella Service Provider (USP) for the Teleview system. This means that the group, which has an allocation of
      390 words
    • 400 6  -  Exchange seeks details on Tianjin project and Lucky Man deal By Lee Han Shih SINGAPORE Inno-Pacif-ic Holdings Ltd has received another set of queries from the Stock Exchange of Singapore on its two ill-fated foreign investments. SES yesterday asked InnoPac for more details on its
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    • 491 6  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S national oil company Petronas is expected to take a major stake in a state-owned giant gas project in the eastern state of Sabah. under a government plan to help ease the strain of heavy yen-denominated loans.
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    • 601 6  -  MARKET TALK What (they say) is brewing at Amcol, Hotel Prop and Sembawang By Magdalene Ng n It has been quite a while since the local stock market was last so alive with speculation. As one broker said gleefully: "It's stories galore. Two tales for
      601 words
    • 328 6 Bernama KUALA LUMPUR The Securities Exchange Commission that is expected to be set up by end 1992 will likely be based on a model specially tailored for the Malaysian capital market, Deputy Finance Minister Datuk Loke Yuen Yow said yesterday. He said
      Bernama  -  328 words
    • 284 6 MBT KUALA LUMPUR Antah Holdings Bhd has proposed a bonus issue of 15 million covered warrants for the purchase of up to 15 million shares in Arab-Malay-sian Merchant Bank (AMMB). This will be on the basis of one covered warrant for every
      MBT  -  284 words
    • 447 6  -  By Sylvia Wong SINGAPORE The Wing Tai group, which recently restructured its operations to separate its core garment and property divisions, is now enjoying almost equal contributions from both businesses. According to the group's 1991 annual report, its property business contributed
      447 words
    • COMPANY BRIEFS
      • 85 8 NEW YORK International Business Machines Corp is likely to announce further cutbacks in its work force soon in a sign that it expects problems to continue, industry sources said on Wednesday. The world's biggest computer company is already cutting back severely and
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      • 83 8 TOKYO The board of the Japan Securities Dealers Association (JSDA) has finalised rules restricting transactions involving gangsters, the securities industry's regulatory body said. The rules do not explicitly bar trading on behalf of gangsters, but include a ban on stock margin trading on behalf of
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      • 137 8 TOKYO Two of Japan's leading construction companies, Taisei Corp and Shimizu Corp, announced on Wednesday sharper-than-expected increases in earnings in the six months to September. Taisei, an affiliate of Fuji Bank Ltd active in Southeast Asia and China, said its net profit almost doubled from
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      • 118 8 MANILA The Philippines' biggest copper producer, Atlas Consolidated Mining and Development Corp Ltd, said third quarter copper production dropped to 35.27 million lbs from 41.59 million lbs in the same period last year. The company said its gold output dropped to 11,345 ounces during July-September
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    • 349 8 AFP SEOUL South Korea's giant Hyundai group has succumbed to a government sabre-rattling campaign and agreed to pay the US$lBl million (*****.1 million) in back taxes and punitive charges it had earlier refused to pay. Press reports yesterday said the turnabout came
      AFP  -  349 words
    • 445 8 Reuter LONDON British food and drinks group Northern Foods pic brought forward sparkling first-half results on Wednesday, unveiling plans to buy two dairies from Grand Metropolitan and milk the market for cash to fund the deal. Northern Foods said it
      Reuter  -  445 words
    • 569 8 Price of blue-chip stock pushed up by various stories in market Reuter HONGKONG Tycoon Li Ka-shing, the chairman of Cheung Kong (Holdings) Ltd, said he had "no news" of a rumour that he might buy control of Hongkong Land Holdings Ltd. Shares of Hongkong
      Reuter  -  569 words
    • 386 8 HK, Taiwan firms to join Thai group AFP BANGKOK The Thai Rajthanee group is planning to form a consortium with Hongkong and Taiwanese enterprises to invest about US$l6O million (*****.8 million) in several projects in Cambodia. The Bangkok Post on Wednesday quoted
      AFP  -  386 words
    • 453 8 Reuter TOKYO High domestic interest rates have forced Japan's five major trading houses to lower their parent current profit forecasts for the year ending March 31, 1992. "Domestic interest rates have not been softening as expected and remain at high levels, overshadowing profits,"
      Reuter  -  453 words
    • 453 8 Reuter LONDON The late Robert Maxwell's sprawling empire teetered on Wednesday as Swiss Bank Corp confirmed that a private Maxwell company has defaulted on a US$9B million (S$ 164.6 million) loan, and the news sent Maxwell Communication's shares reeling again. The stock
      Reuter  -  453 words
    • 316 8 Reuter LONDON Troubled leisure company Brent Walker Group pic has reached agreement in principle to acquire an interest in approximately 750 public houses owned by Allied-Lyons pic and to sell to Allied around 50 of its own managed pubs. Brent Walker said
      Reuter  -  316 words
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  • FINANCIAL NEWS
    • 393 9  -  By S N Vasuki SINGAPORE Banque Paribas, the French banking and investment group, is seriously looking at the possibility of taking equity stakes in Asian companies, including Singapore corporations. The bank's director of in- ternational operations, Michel Barret, told BT in an
      393 words
    • 379 9  -  By Loh Hui Yin SINGAPORE Banque Paribas is beefing up its team in the Republic to enable it to focus on six core activities which the French bank has identified as its growth areas. Already a force in the
      379 words
    • 386 9 MARKET TALK Reuter JAKARTA Jakarta's currency market players are struggling to digest new rules through which the central bank will finally stop subsidising speculators in its own currency and make it harder to borrow offshore, bankers said yesterday. Earlier this week, the
      Reuter  -  386 words
    • 292 9  -  By Quak Hiang Whai SINGAPORE The Hong-kong-based Peregrine (iroup yesterday started its futures trading operations in Singapore through Peregrine Futures Singapore Ptc Ltd. its corporate non-clearing member on the Singapore International Monetary Exchange. The Singapore unit, which received its futures broking licence last March,
      292 words
    • 339 9 Reuter SYDNEY Two of the Big Four banks in recession-hit Australia. National Australia Bank (NAB) and Westpac Banking Corp yesterday announced profit falls and forecast little improvement in the near future. They foreshadowed slow and difficult recoveries from their downturns in line with the economy's
      Reuter  -  339 words
    • SMALL CHANGE
      • 102 9 SINGAPORE OCBC Bank has been mandated to arrange and lead manage a three-year US$5O million transferable loan facility for Korea First Bank. In a statement yesterday, OCBC Bank said Korea First Bank will pay an interest margin of 0.375 percentage point above
        102 words
      • 68 9 KUALA LUMPUR Malaysian banks must gear up to compete on an equal footing with foreign banks as the country may soon have to liberalise its banking industry', the central bank. Bank Negara. governor Jaffar Hussein said. "The Gatt (General Agreement on Tariffs and Trade)
        68 words
      • 73 9 NEW YORK Government regulators have ordered US banks to set aside more money to cover possible losses in loans to Brazil, bankers said on Wednesday. The regulators have upgraded Mexico's credit-worthiness. Banks have to write down their debt to Brazil by 50 per cent, up
        73 words
      • 33 9 HARTFORD. Connecticut The US Securities and Exchange Commission is conducting an inquiry into Travelers Corp's accounting, reporting and disclosure practices on its real estate investment portfolio, a Travelers spokesman said.
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  • THE REGION
    • NOTE BOOK
      • 95 10 MANILA The International Monetary Fund (IMF) has warned the Philippines to raise its revenues in order to pass a current review that would determine future financial inflows. Finance Secretary Jesus Estanislao warned that failure to pass this IMF review, which began last week, would
        95 words
      • 66 10 MANILA Consumption of oil products in the Philippines in the first three quarters of 1991 dropped 7.4 per cent amid an economic slowdown, the government's energy monitoring agency said here yesterday. Consumption dropped from 64.976 billion barrels of oil in the first nine months of 1990
        66 words
      • 98 10 PHNOM PENH Cambodian resistance leader and former prime minister Son Sann returned here yesterday as part of the peace agreement signed between Cambodia's four warring groups in Paris last month. "I will devote all my time to the work of the Supreme National Council, for national reconciliation,
        98 words
      • 73 10 MANILA Carriers of the virus that causes the fatal Aids disease have topped the 20,000 mark in the Asia-Pacific region, according to the World Health Organisation. Total human immunodeficiency virus (HIV) infections reported in the region reached 20,066 as of Nov 6. A total 3,743 full-blown
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      • 62 10 JAKARTA The authorities said yesterday that 70 East Timorese youths who rallied here two days ago against the federal government were being interrogated and could face up to seven years in prison. Jakarta's police chief Major-General M H Ritonga said the demonstrators "could be detained
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    • 456 10 MBT KUALA LUMPUR The amendments to tax incentives in the Malaysian 1992 budget are expected to affect the operations of the country's export-oriented manufacturers, according to stockbroking firm TA Securities. These manufacturers will be materially affected by the withdrawal of
      MBT  -  456 words
    • 294 10 MBT KUALA LUMPUR Malaysia is offering new produc-tion-sharing contract (PSC) terms for deep-sea exploration which will include longer exploration and development periods as well as better prof-it-sharing for oil companies. Petronas president Tan Sri Azizan Zainul Abidin said the exploration period will be
      MBT  -  294 words
    • 318 10 HONGKONG The colony's trade surplus with the United States almost doubled to U*****.6 million (about SS22O million) in September, buoyed by a sharp rise in American demand for foreign consumer items in the run-up to Christmas, according to a South China Morning
      318 words
    • 532 10 Seoul Declaration gives group clearer direction AFP SEOUL Among the various landmarks produced at last week's annual ministerial meeting of the Asia-Pacific Economic Cooperation (Apec) forum in South Korea, the most obvious was symbolic. The participation of China, Taiwan and Hongkong in
      AFP  -  532 words
    • 67 10 TOKYO Randolph Nod land, chairman of the US National Family Farm Coalition, speaking to thousands of Japanese farmers from behind straw bags yesterday in a rally to protest against the opening of Japan's rice market. Mr Nodland, who described himself as an average American farmer
      67 words
    • 280 10 AFP MANILA The US will maintain its military shield over Asia in spite of the reduction of its forces in the region and the end of the Cold War. the American ambassador to the Philippines said here yesterday. "We will
      AFP  -  280 words
    • 469 10 AFP SYDNEY Australia's Conservative opposition has promised to slash income tax by 30 per cent, replace seven old taxes with one new goods and services tax (GST) and halve unemployment under radical new tax proposals released yesterday. To pay its benefits,
      AFP  -  469 words
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    • 52 10 Taman Perindustrian Cemerlang Phase 3 Open for Booking Now! Freehold Semi-Detached ft Terraced Factories In Johor Baru •Covered Area 3400sq.ft 8700 sq.ft. No restriction on foreign ownership Terrace factories: from H*****,000 onwards Vlaw Models at omt Showroom Today! Mk 3 Upp Ptefcerlnf Street #01-28 tlniapsrs 01 OS omgiporß gow iWMlfflQ
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  • THE WORLD
    • 454 11 Bank researching E Asian economies AFP WASHINGTON A senior World Bank official has urged Japan to share the secrets of its economic success so that other countries can learn from its experience. Atilla Karaosmanoglu, the World Bank's vice-president in charge of
      AFP  -  454 words
    • 301 11 Reuter WASHINGTON Construction of new homes in the US jumped 7.3 per cent last month to the fastest pace in 11 months, the American Commerce Department announced on Wednesday, sparking hopes that some hard-hit areas of the country's economy are showing signs of life.
      Reuter  -  301 words
    • 181 11 Asahi TOKYO A government sub-committee has drafted a controversial proposal that would allow unskilled foreign workers to work in Japan for limited periods of two to three years. Officials at both the labour and Justice ministries said yesterday that they were opposed to the
      Asahi  -  181 words
    • WORLD WATCH
      • 89 11 TOKYO Japan's capital investment will likely lose steam further, with growth expected to slow to a minimal 1.5 per cent in the year 1992/93 beginning next April, a government advisory panel said in a survey released yesterday. The projected rise in business spending, a
        89 words
      • 75 11 SEOUL US Defence Secretary Dick Cheney said yesterday that the US will postpone indefinitely planned troop cuts in South Korea because of the threat posed by North Korea's suspected development of nuclear weapons. He castigated what he called North Korea's 40 years of
        75 words
      • 63 11 NEW DELHI India is willing to give patent protection to foreign pharmaceutical companies as long as they produce their medicines in India, Indian Commerce Minister P Chidambaram reportedly told US businessmen on Wednesday. India faces possible punitive tariffs against its exports by the US at
        63 words
      • 68 11 ISLAMABAD Pakistan has announced a new oil exploration and exploitation policy which it says is aimed at boosting discoveries and sweeping away government controls. Petroleum Minister Nisar Ali Khan said on Wednesday that he was removing the state-owned Oil and Gas Development Corporation's right to
        68 words
    • 277 11 Reuter LONDON Britain is growing tired of the taxcutting, private-ownership ethoy of the Thatcher years and wants Prime Minister John Major to champion the welfare state, according to an annual survey of public attitudes. Britain is suffering a crisis of confidence about
      Reuter  -  277 words
    • 414 11 Reuter STRASBOURG The European Community's latest blueprint for a common foreign policy is unworkable and could cripple the bloc, says European Commission President Jacques Delors. The proposed distinction between the existing Community and an umbrella European Union in charge of foreign policy
      Reuter  -  414 words
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    • 253 11 A SALE OF SITE BY URBAN REDEVELOPMENT AUTHORITY, SINGAPORE omp jfl vB--. wIMBHHHHHHHii^^HHK^iHHiI^HI How often does an opportunity of this As the site is visible from the main N magnitude come your way? approaches of the 3 important roads, it To place the jewel in the crown of is ideal
      253 words

  • 476 12 EDITORIAL ELEVEN months after his dramatic resignation, Mr Eduard Shevardnadze has been reappointed as the new foreign minister of the Soviet Union. He returns to the foreign ministry at a momentous and chaotic time: The balance of power in the Soviet Union has decisively shifted away
    476 words
  • WHAT THE OTHERS SAY
    • 357 12 IT was apparent from both the content and the tone of Prime Minister Goh Chok Tong's speech on Sunday that while he is committed to an open and consultative government, he will not let that style be exploited to weaken the government. Whatever may be the
      357 words
    • 88 12 THE official visit of President Wee Kim Wee and Mrs Wee to Malaysia marks a new turning point in the relationship between the two close neighbours. While sharing common history and problems, both countries have undergone separate developments. The interdependency between the two countries are too important to
      88 words
    • 92 12 MR SHEVARDNADZE'S re-appointment is in fact an integral part of the plan of Mr Gorbachev to safeguard powers of the central government. The fresh alliance of Mr Shevardnadze and Mr Gorbachev and the return of some important figures who have been helping Mr Gorbachev in his reform programmes
      92 words
  • REGIONAL VIEWPOINTS
    • 158 12 NATIONAL Assembly member Osot Kosin, who chaired the committee reviewing the draft constitution, continued the charade of independence and responsiveness to public opinion. The revised draft was clearly designed to pave a constitutional way for the National Peacekeeping Council leaders to control the new Parliament and new government
      158 words
    • 146 12 THE government's plan to ensure that high technology industries are fairly and evenly spread throughout the country is a positive step towards achieving the industrialised nation status by the year 2020. The plan to ensure high technology industries are well distributed throughout the country is a practical
      146 words
    • 150 12 NOT all states can provide the necessary supportive services and facilities for hi-tech industries. In this aspect, state governments may need to adopt a shared development of specialised industrial parks and the concept of industrial zoning to reduce operating costs. This will mean a pooling of resources
      150 words
  • 775 12 Rice is the determining factor in the make-up of the Mivazawa cabinet Asahi News Service RICE, long the political staple of the ruling Liberal Democratic Party (LDP), has taken on new importance under Prime Minister Kiichi Miyazawa. Letting in foreign rice, even a small amount, is
    Asahi News Service  -  775 words
  • Page 12 Advertisements
    • 24 12 I H ■fo-' fa f 4# f ji CANAL! l IIQI (AXALI: /> I udor (.aurt s'/u>/»/>ini> (uillcty Tan»lin Rtntd Sin,i>iifM>rc loji 'I'd ~>t t< >'>~
      24 words
  • Page 12 Miscellaneous
    • 59 12 DOONESBURY BY GARRY TRUDEAU VW KNOUJ, THE MORE I THE AUTHORITIES UJENTTO AN 177~H THINK ABOUT IT, THE MORE AUIFiIC LOT OF TROUBLE yJUST 70 1 I THINK KJMBERUN MIGHT KEEP A CON FROM MAKING SO** KNOW SOMETHING MARUUANA CHARGES THAT MOST AOOUTALL THIS... j PEOPIC WOUUHTT BEUtt ANYW A
      59 words

  • ANALYSIS
    • 1413 13  -  Salil Tripathi has some hints for businessmen wanting to tap into the booming economies of the Gulf states Salil Tripathi Salil Tripathi, a BT journalist, has been to the Middle East on assignment several times since 1990 ON a recent flight to Dubai, a British
      1,413 words
    • 1843 13  -  Most Malaysians say that should their Prime Minister step down, the man who will take over is the Finance Minister, Datuk Seri Anwar Ibrahim. Leslie Lopez reports from Kuala Lumpur on the once-rebellious outcast who now helps run the country Leslie Lopez WHEN Malaysian Finance
      1,843 words
  • Page 13 Advertisements
    • 164 13 1! mills Lite 51 OTHER THE PARDISAN ARTS h4J itnnkin# h,,m the hmw «f tm thrfifm «y u xnffin bn<m thr 4« >ww nut Prntan bmfnrr Sth 4th m/un fk Genuine Persian Carpets, Rugs and Kilims in Silk A Wool Artefacts and Handicrafts A Superb Collection of Isfahan Miniature Works,
      164 words

  • Page 14 Advertisements
    • 178 14 MVCLfXMf i fx ,■Ju: I *V 1 M I J k The new The IBM* Laser Printer Vs Leading Competitor ■>« Prints text 25% faster Poor old thing. Prints graphics 45% faster What can we say? 16 scalable fonts 8 scalable fonts 600 DPI resolution 300 DPI resolution Adobe Standard
      178 words

  • SPORTS
    • 740 15 Virginia Slims Championships AP NEW YORK The featured attraction of the Virginia Slims Championships showed up at Madison Square Garden on Wednesday night for a brief appearance. On the third night of this off-Broadway production, Monica Seles provided a fleeting glimpse of her powerful game, rushing past
      AP  -  740 words
    • 525 15 Reuter ATLANTA The fight between heavyweight champion Evander Holyfield and Mike Tyson did not come off this month, but in the past two days the two camps have been acting as though they still had a bout to publicise. Tyson and his promoter Don King visited
      Reuter  -  525 words
    • 299 15 Reuter SAN DIEGO Vowing to avenge Australia's America's Cup "giveaway" in 1987, Sydney developer Syd Fisher started rigging his boat Challenge Australia on Wednesday, nine hours after it arrived in San Diego Bay. Fisher said he and his crew of 35 aim to be
      Reuter  -  299 words
    • SIDE LINES
      • 164 15 PRESTON, England Steve Davis breezed into the last 16 of the UK snooker championships here on Wednesday when he outgunned Australian veteran Eddie Charlton 9-4. Davis will now meet James Wattana tomorrow, after the Thai star compiled three century breaks on his way
        164 words
      • 92 15 PARIS Scotland's dreams of playing in the European Championship came true on Wednesday night, but Welsh hopes were shattered as Germany headed towards next year's finals in Sweden. France meanwhile made history by becoming the first team to win all their qualifying matches after beating Iceland
        92 words
      • 70 15 BELO HORIZONTE, Brazil Brazil's Cruzeiro won the Supercopa soccer tournament of former South American champions by defeating River Plate of Argentina 3-0 Qn Wednesday. The three Cruzeiro goals were scored by midfielder Ademir in the 34th minute, and striker Mario Tilico in the 52nd and 76th minutes.
        70 words
      • 95 15 BRADENTON, Florida Pete Sampras, the sixth-ranked tennis player in the world, and his coach. Joe Brandi, have ended their professional relationship. Brandi and Sampras, both Bradenton residents, had worked together since early 1990, when Sampras was ranked 81st in the world. Eight months later, at the age
        95 words
      • 140 15 LONDON Gerald McClellan knocked John "The Beast" Mugabi down three times in the first round on Wednesday to capture the vacant World Boxing Organisation middleweight title. McClellan needed just two minutes to defeat the former World Boxing Council light-middleweight champion and record his 21st knockout in
        140 words
  • Page 15 Advertisements
    • 90 15 This announcement appears as a matter of record only. HANIL BANK U5550,000,000 Term Loan Facility Arrangers Dresdner (South East Asia) Limited KDB International (Singapore) Limited Lead Managers Banque Nationale de Paris, Singapore Branch The Development Bank of Singapore Limited Dresdner Bank AG KDB International (Singapore) Limited Co-Lead Manager The Bank
      90 words
    • 79 15 TIME-BASED CHARGING STARTS DECEMBER 1 m your customon by pnnouncincp your toll a fioo phono Mfvicof The Straits Times The Sunday Times Business Times H The New Paper Berita Harian Berita Minggu H Lianhe Zaobao B Lianhe Wanbao H Shin Min Daily News I Friday Weekly Call our sales teams
      79 words

  • 1165 16 THE trees, however, are of quite a different variety from the travellers palms that line the hotel's entrance. Still, Mulberry and Crabtree Evelyn blend right into the rich English traditions of Raffles Hotel. Like the grandeur that houses them, both brands are
    1,165 words
  • 478 16 ENGLISH CRAFTSMANSHIP and devotion to detail. The hallmarks of Mulberry seem simple enough, but they translate into finished products which speak of a tradition devoted to quality. Mulberry's clear-sighted interpretation of England's quirky style is brought to life by craftsmen of the old
    478 words
  • Page 16 Advertisements


  • Page 18 Advertisements
    • 225 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE ()RGAN/St VOl K< )VV\ KARAOKe It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your
      225 words
    • 269 18 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday spm to lam Friday and Saturday spm to 2am HYMT REGENCYISNGAPORE 10 12 Scocts Road. Singapore 0922 Tel: *****88
      269 words
    • 230 18 V.u^ N Sweet TeMptatlons of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at SS.SO++ per person PIAZA HOTEL Singapore /s» e nt a -c, «AWit«lw»fmT»« Heart) Road Sm«apore 0719 2SWJOII ~*J w v.'.Vj
      230 words
    • 279 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) Mowr Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+ per child (below 10
      279 words
  • Page 18 Miscellaneous
    • 750 18 TELEVISION AND RADIO m-m ~m m -m m ori< Gorillas in the Mist (See 6-00 News. BUSINESS ON RADIO A J bPWiy r -'sfsm3><•- Our Choice). 6.30 The Holy Book. Cronllas in trie mist 1235 AAIULF 111 AAV AAAALIV CNN International (L). SBCB 7.30 The Science Show. 7.05 a«, 1.30pm,
      750 words

  • LIFESTYLE
    • 318 19 Will MCA, or Island Logic, win control? Reuter A THREE-YEAR legal battle over the multi-mil-lion-dollar legacy of Jamaican reggae superstar Bob Marley is due to reach a finale in Jamaica next week. Wrangling for control of the rights to Marley's musical empire are
      Reuter  -  318 words
  • Page 19 Advertisements
    • 204 19 AND ENTERTAIN M^T* E^S|^9Ek Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. A Fashionshow at 4 pm. ANA HOTEL K SINGAPORE For reservations, i« n«*«™ h«. s«wpo«» ia» please call 732-1222 ext
      204 words
    • 375 19 9 B|'B B ifFS&L B sunday 1 9 FAMILY g BaartMQU dPahMvouck (S7* for children under 12) B Compti mentaf> B*fthdey Cllw lor C#lsbfllions RSL J —L Ml TEE-OFF CAFE IQXI Rartnw Lofaitw SdM Cold Cats •Smhm VwtaMtE>. KSrI marina bay golf COUNTRY CLUB REGH ->■■!•■ r. r .iii .1
      375 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4076 20  -  By Schutz Lee THE local stock market closed firmer yesterday but on thin volume as investors continue to wait for some clear indications of a recovery on Wall Street which had closed 1.56 points lower on Wednesday. The benchmark Straits Times Industrials
      4,076 words
    • Article, Illustration
      62 20  -  By Chew Eng Han Comment Divergences forming in SIA weekly price charts warn of an impending fall. Recent multiple tops near the $13.80 level were accompanied by falling RSI and stochastics. Look to liquidate on rallies. A decline to support levels at $11.5011.80 is possible. A decisive breach
      62 words


  • 3369 22 r i| a I'iLNH'JHW t MISC 428 +28 7.0% MISC Foreign 448 +12 +2.8% I PJ Dev Hldgs 80 +1 lVi +16 8% Tongkah Hldgs 110 +6 +5 8% Gentings 50* 675 +5 +0.7% MTC 78* 280 +5 AISB 50* 120 4 3.4% MAS 348
    3,369 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4753 23 Bernama SHARE prices were barely higher on selected bargainhunting activity yesterday, with most investors adopting a wait-and-see-attitude given the current bearishness. In light trading, the KLSE Composite Index rose 1.87 points to 537.59 while the Industrial Index gained 6.50 points to 1,019.99 and
      Bernama  -  4,753 words

  • BT SHARE INFORMATION SERVICE
    • 327 24 Ctapaay Date Ymt 6rwp Net Muntapfintt mm to praM/lm (L) par start CNt) (cMto) Kemayan Nov 18 May 91 M$73($l,209) -(0 7) 1.5(1.5) Tonfkah HMp Nov 18 Jun 91 MS2.4791(11,0191) CI Hottnp Nov 15 Jun 91 M$17,210($12.435) 36 6(26 4) 30(10) Fatef Group Nov 13 Jun 91 M$32.435($15.981L)
      327 words
    • 209 24 C !■>!■! Date Yaar Snap pre-tax Hal aaraiags firm aaa la prafll/lM* (L) par atara MM ('MM) (caata) Ind Oxygen Nov 18 Jun 91 M834,844 (824,335) 3.8(3.1) -(4.5a) PJ Oev HWp No* 11 Jun 91 Mt527($1.688L) SPH Nov 8 Aug 91 $219,124(8194 085) 63.2(54 3) 25(30) PatmcoHMgs Nov
      209 words
    • 667 24 Ti 11 -j Bate NaN-yaar firm* pra-tox totort* an to praM/toss (I) *Mm4 ('MO) Malayamta Nov 20 Sep 91 M825,836(826,388) 5TE(2.5TE) PMC Nov 20 Sep 91 M$26.341 ($22,686) 6TE(6TE) PMRt Nov 20 Sep 91 M».712(85.428) 5(5) CX Tang Nov 19 Sep 91 82,419(82,858) 3(3) HK Tel Nov 18
      667 words
    • 918 24 Nw 20 Hnf Fat Cap s Hongkong arm, Winfoong Investment Ltd, has won a major HKs2Bsm (about SWlm) tender for a housing project tn Hongkong. Sombawang Group ship and rigbuilding arm, Sembawang Bethlehem Pte Ltd, has won a J4om contrKt to build a 11,500 deadweight tonne product tanker
      918 words
    • 1668 24 Tram ItogUtorwd Srtstaattel Bay/ Ite. tf timtiMln Stock Bate HcMar ttaraMMw/Plracter Ml stores UHn Alter NatSteel 18/11/91 Stmt Names HMO Hokfcngs B 5,000 23.510 000 40.387.698 19 020 40,392,698 ***** SPC 18/11/91 Sembawang Nominees Temaseli Holdings (Pte) ltd B 70.000 216.452 000 133.448.476 41.700 133.518.476 41 720
      1,668 words
    • 805 24 Carnal Ex BnIb Bali Mrihr Tatri kr pijniinl *aM cbaa papkta Km yaar Mpr Ml Me 12% (b) Ok 30 Jan 14 Jan 21 12% 10% M* JMp 5* 6%(b) Not 21 Ok S Ok 24 6% 6% Barjaya ft*# 1% Oct 28 Nov 12 Nov 27 5%
      805 words
    • 243 24 Mala Board last FaM Yaar Cow FaM Mi Tta M« tan mmd «<*« (cMb) pa* Myaa (TOM) EMS fnt No* 6 U 91 30TE 17.87#. rim M Final No* 23 Aug 91 230 100 2S.013 NC intenm No* 29 Mar 92 56 0 40 0 197.832 J Camait
      243 words
    • 102 24 Company W|M* Isiw H Ntpra Onetor-one $2 75 per start Ex-date Nov 12 Books dose Nov 22 Acceptance I Payment NYA MM Hmhc* Two-hx three fe, **$090 per share Ei-date Nov 1 Boohs dose: Nov 18 Acceptance I Payment Pec 27 Company Bwt lum MM Hmm One-for three
      102 words
    • 520 24 Company Issm Pat lad Four-tor-seven lljljO per stare Maata Tath One-tor-one fe 11.00 par share Berjaya fteup fhghts sue of S89m nomnal amount 10% Irredeemable Convertible Unsecured Loan Stocks (ICULS) on the bass of one tor tour Baton Issue of $90 9 78m nomnal amount of 35% Redeemable
      520 words
    • 239 24 Sngapva Biidhf Society Ltd: 22nd AGM at the Board Room, 70 Shenton Way #02-01, Marina House, Singapore 0207 on Thursday, Nov 21, at 11am. Chuan Hetfr«s Ltd; 21st AGM at 322 ialan Ahmad fcrahim, Singapore 2262 on Friday, Nov 22, at 2.30pm. Plecon Engineering Bhd: EGM at The
      239 words
    • 80 24 Cwvcnioa Special Trig Scriplesa C—rental iuMmt PuW Traitat Coaapaay «tart» (I DP) (ST) Ms H Nccua Nov 23 Dec 12 Dec 3 Dec 12 Dec 13 HTP HMgs Sep 16 Oct 10 Sep 30 Oct 10 Oct 11 Miaefcea Dec 16 Parkway Hides Oct 11 Nov 7 Oct
      80 words
    • 154 24 RECORD HIGHS LOWS ST feninoilte Index ST Industrials Index »i* imo. <w/»> »J* *****m; *****2 (16/1/91) 1*1 J* "J®« 527/3/90) 1990 N0c *****3 (16/7/90) 1*0 *t 607 12 27/3/90 1990 tar 981.07 (09/11/90) 1*0 tar 079 50 11/0/» 1909 N0c 1322.00 (2S/12/89) 1* H* J»776 (^i/5/S 1909 tar 917.42 (4/1/09)
      154 words

  • STOCK EXCHANGE OF THAILAND
    • 2440 25 Reuter SHARE prices ended lower yesterday as investors worried about continued falls on Wall Street and domestic political uncertainty, brokers said. The SET index ended 7.71 points lower at 669.30 on a turnover of 3.79 billion baht. "The political scene will become clearer once
      Reuter; SOURCE: PONT DATA  -  2,440 words
  • JAKARTA STOCK EXCHANGE
    • 1073 25 Reuter SHARE prices closed easier as still bearish local investors actively offered their holdings, brokers said. The official index slipped 1.24 points to end at 241.26. Japfa eased 100 rupiah to 2,200 in the regular market, with 268,500 shares changing hands. It was also
      Reuter  -  1,073 words
  • Page 25 Advertisements
    • 8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF COSINESS TRENDS
      8 words
    • 5 25 Page prices provided by telepate
      5 words
    • 437 25 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE 1 COMPANIES ACT. CAP 50 AND SHILTON MARKETING AGENCIES PTE LTD (In Members' Voluntary Liquidation) At an Extraordmary General Meeting of the Company duly convened and held at Taman Century Lot 4 Old Penampang Road Kota Kinabalu on the
      437 words
    • 324 25 BANK^BNI BANK NEGARA INDONESIA 1946 U5550,000,000 Floating Rate Notes due 1994 issued through its Cayman Islands Branch In accordance with the provision of the Notes, notice is hereby given that for the interest period from 22 November 1991 to 22 May 1992, the Note will carry an interest rate of
      324 words
    • 62 25 BENG WEI VIOEO PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING NOTICE is hereby grven that the Final Meeting of members of the abovenamed company will be held at 257 Seiegis Road. •15-277 Selegie Complex, Singapore 0718, on 23rd December 1991 at 2.00pm (or the purposes stated in Section 308
      62 words

  • TOKYO STOCK EXCHANGE
    • 2641 26 Reuter STOCKS extended their losing streak to seven days, but rode a late surge ofT lows to end only slightly easier yesterday. Futures-linked buying and light bargain-hunting pulled the Nikkei back up after it dipped below the 23,000 level for the first time
      Reuter  -  2,641 words
  • STOCK EXCHANGE OF HONGKONG
    • 2533 26 Reuter HONGKONG stocks ended higher on Wall Street's steadiness yesterday but came off intra-day highs as trading remained cautious and subdued, brokers said. Brokers said selective buying centred on major property issues and banks. Otherwise, most players were sidelined. "Market sentiment is mixed even
      Reuter  -  2,533 words

  • REGIONAL STOCK MARKETS
    • Bank stocks lead rise in Aussie market
      • 775 27 THE Australian share market closed off its best levels yesterday as investors took profits after prices had surged across the board, led by bank stocks. "Bank share prices have come down to more respectable levels after looking overheated at one stage," said a BOS Stockbroking broker. Others said better-than-expected
        775 words
      • 585 27 SHARES rallied from the start to finish yesterday in upbeat trading led by oils ahead of development drillings for an oil field in the central-west Philippines, brokers said. The Manila Stock Exchange composite index rose 13.93 points to close at 1,108.42. "The oil sector geared up to show that
        585 words
      • 825 27 SEOUL ended a quiet day lower as institutional selling emerged in the wake of profit-taking that focused mainly on securities industry shares, brokers said. "Investors took profits by selling mainly brokerage house issues, which rose sharply yesterday on rumours the brokerage commission would be raised," Coryo Securities analyst Jwa
        825 words
      • 496 27 TAIWAN stocks finished higher in active trade yesterday as small investors followed major players into the market, encouraged by higher prices in Hongkong and early gains in Tokyo. The weighted index finished at 4,496.89, 18.18 points above Wednes- day's close. Turnover rose to NTS 26 billion from NTS 17.5
        496 words
      • 256 27 INVESTORS expressed relief at the' more settled nature of overseas markets by buying the New Zealand market 1.84 per cent higher at the close yesterday. "New York and London stabilising gave confidence to buyers who have been sitting on the sidelines," said Wame Rowllings of Jordan Sandman Were.
        256 words
      • 106 27 BOMBAY Stock Exchange (BSE) shares finished mixed on Wednesday after a bullish opening took exchange indices to record highs before triggering profit-tak-ing, brokers said. The BSE Index hit an all-time peak of 1,955.29 after opening at 1,944.55, beating the previous high of 1,928.61 on November 8. It closed at
        106 words
      • 436 27 Close Previous Nov 210 AUSTRALIA All Ordinaries Index 1.648.1 1.629.7 18.4 All Industrials Index 2.587.0 2548 9 f38.l All Resources Index 932.8 928.7 +4.1 Turnover (million) 118.04 142.34 -24.3 NEW ZEALAND NZSE-40 Capital 1.496 5 1.469 46 f 27.04 MANILA Composite Index 1.108.42 1.094.49 +13.93 Turnover (million) 1.400 717.7 682.3
        436 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Jump in US housing data underpins rise
      • 206 28 Nov 20 Close Previow NEW YORK Dow Jones 2.930.01 2,931.57 -1.56 SAP 500 378.53 379.42 -0.89 Turnover (million) 196.1 241.4 -45.3 LONDON Financial Times 30 1.898.2 1.887.8 +10.4 FTSE 100 2.472.6 2,463.1 +9.5 Turnover (million) 481.2 507.5 -26.3 FRANKFURT DAX Index closed 1,599.05 AMSTERDAM EOE Index 277.94 276.81 +1.13 PARIS
        206 words
      • Article, Illustration
        1145 28 TAKING a respite from three days of frenzied activity, stock prices closed mixed on Wednesday with blue-chip issues getting help from the strength of Merck Co. By the end of the trading session, the Dow was off 1.56 points, closing at 2,930.01. Volume on the New York Stock
        1,145 words
      • Article, Illustration
        656 28 SHARES closed higher on London's Stock Exchange on Wednesday, but below their best levels. Shares shot up at the opening, after Wall Street managed to narrow its losses on Tuesday. But by the end of London trading, the main index had relinquished about half of its early advance. Dealers
        656 words
      • 232 28 ITALIAN shares put paid to two sessions of gains on Wednesday and closed broadly lower in very thin trading dominated by worries about Wall Street. Dealers said yesterday's 1.38 per cent decline in US shares weighed on the market and forced potential buyers to the sidelines. But shares in
        232 words
      • 245 28 SWISS shares ended a slow morning session slightly easier on Wednesday. Dealers said many investors were holding back to see which way Wall Street would move. The all-share SPI index eased 4.2 points to 1,070.8 while the SMI index of leading shares eased 4.6 to 1,674.0. "Wall Street's lower
        245 words
      • 179 28 PRICES on the Stockholm bourse recovered slightly in late trade on Wednesday to close barely changed from Tuesday in moderate trade. Dealers said the market was unnerved by Wall Street declines and a string of company results. The bourse general index closed 0.05 per cent down at 940.92 in
        179 words
      • 226 28 BELGIAN shares ended mixed on Wednesday but little changed from the previous close with block trading in blue chip shares the main feature, dealers said. "There was some block trading in Electrabel and Petrofina 22,000 shares in Electrabel was rather good," said one trader. The Bel-20 index of leading
        226 words
      • 433 28 NON-GOLD shares dosed broadly lower on the Johannesburg Stock Exchange on Wednesday, but ofT earlier lows as the UK equity market held steady awaiting clues from Wall Street, dealers said. The overall index was 0.3 per cent, or 10 points, lower at 3,447. The industrial index eased 23 points
        433 words
      • 317 28 TORONTO stocks eased off eariy gains on Wednesday and were flat in moderate activity, dealers said. "The market reacted as expected based on yesterday's rally," one trader said. A late rally took the TSE index 10 points higher but still left it 35 down on the day. The TSE
        317 words
      • 313 28 DUTCH shares ended mixed with a firmer bias on Wednesday in slow trade where most operators kept to the sidelines, dealers said. Recent Wall Street antics had made investors cautious again, after the Amsterdam bourse posted broad gains last week. The EOE index ended 1.12 points higher at 277.94.
        313 words
      • 211 28 THE Paris bourse erased its opening gains to close a shade lower on Wednesday as investors, uneasy over Monday's French rate rise and anxious about yesterday's Bundesbank council meeting, had little appetite for equities. The CAC-40 index, which touched an opening high of 1,782.70, ended 1.60 points lower at
        211 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1179 29 REPORTS Tokyo: The US dollar finished slightly firmer against the mark but was little changed against the yen after a day of dull and featureless trading yesterday. "There was little movement today. We can't do anything in the market where
      1,179 words
    • 388 29 Cross rates Nov 21 I USS SS MS Dm Yen SFr AS NZ$ USS 1.6650 2.7370 1.6020 129.40 0.5569 1.4200 1.2658 1.7652 SS 0.6006 1.6438 0.9622 77.7177 0.3345 0.8529 0.7603 1.0602 MS 0.3654 0.6100 0.5853 47.2780 0.2035 0.5188 0.4625 0.6449 Dm 0.6242 1.0393 1.7085 80.77 0.3477 0.8864
      388 words
    • 528 29 Interbank rates SS Bid Offer Overnight 3 3/8 3 1/2 1-month 3 1/2 3 5/8 2-month 3 9/16 3 11/16 3-month 3 9/16 3 11/16 Overnight mode: 3-13/16 ISS Bid Offer 7 days 4 13/16 4 15/16 1 month 4 3/4 4 7/8 2 months 5 1/16 5
      528 words
    • 456 29 Reuter TOKYO Japanese corporations, backed by the Ministry of International Trade and Industry (Miti), are taking the lead in making the domestic bond market a better place to procure funds. "The domestic straight bonds (SBs) market is turning out to be a
      Reuter  -  456 words
    • 350 29 Reuter LONDON October UK money supply data released on Wednesday gave little hope of a significant improvement in the economy and emphasised the lack of confidence among borrowers about prospects of a sustained recovery next year. The M 0 and M 4 indicators rose
      Reuter  -  350 words
    • 1108 29 SIMEX Euwoooium Open High Low Sett Est Vol Op/Int Vol Dec 91 94.96 94.97 94.95 9*95 TWO ***** 4628 Mar 92 95.16 95.16 95.14 95.15 4762 ***** 9142 Jun 92 94.92 94.92 94.91 94.92 1231 9029 2751 Sep 92 94.62 94.62 94.61 94.61 735 4241 1080 Dec 92
      1,108 words
  • Page 29 Advertisements

  • COMMODITIES
    • 372 30 Reuter LONDON The slump in equity markets and a growing perception that recovery from the economic recession is going to be slow have sent tremors through base metal markets, which remain mostly weak despite curbs on output, analysts say. Industrial non-ferrous metals, apart
      Reuter  -  372 words
    • 337 30 Reuter SAO PAULO, Brazil Mexico is the new orange juice industry challenger because of a strong infrastructure and the possibility of reduced or removed US tariffs under a North American free trade agreement now being negotiated, a Brazilian industry expert
      Reuter  -  337 words
    • 819 30 REPORTS RUBBER prices ended slightly lower in Singapore yesterday on stale bull liquidation but turnover was small, dealers said. RSS-1 December buyers closed at 133.75 cents a kg, down 0.75 cents from Wednesday's close of 134.50 cents. TSR-20 Award December buyers fell one cent
      819 words
  • 1249 30 Rubber Nov 21 ■OS (hfc \m trtw) Scents/kt Noon Close Int I RSS Prompt I35.00/I36.00N 134.25/135.25N Int I RSS Dec 91 134.50/135.00 133.75/134.25 Int I RSS Jan 92 135.25/135.75 134.75/135.25 Int 2 RSS OP I3I.25/I33.25N 130.75/132.75N Int 3 RSS OP I29.00/I30.00N 128.50/129.50N Int 4 RSS OP 126.25/128.25N I25.7VI27.75N Int
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  • Page 30 Advertisements
    • 663 30 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 M THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF POPLAR TETHLE SINGAPORE PTE LTD (In Mambere'Voluntary Liquidation) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Section 2M(2)(b)] At an Extraordinary General Meeting of the Company held at 9 Penang
      663 words
    • 637 30 IN THE MATTER OF THE COMPANIES ACT. CHARTER 50 AND IN THE MATTER OF PYRAMID PRESS PTE. LTD. (MEMBER S VOLUNTARY WINOING-UP) At an Extraordinary General Meeting ot the abovenamed company duty convened and held at Block 31. Defu Lane 10 #04-70, Singapore 1953. on Monday. 18 November 1991 at
      637 words
    • 13 30 Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      13 words

  • THE TRAVEL PAGE
    • 1104 31 au FNfht ETA FNgM ETD Ma Mutt GA970 2245 GA976 2310 d.■ QF007 1815 Aamm RJ182 1200 RJ182 1400 Aaistardaai KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 Attwn SQ36 2230 lirtit-i N235 1530 SQ325 2130 SQ338 1950 NZ36 2305 8A12 2155 Banter Sari 8*421 1105
      1,104 words
    • 496 31  -  POSTCARD FROM SPAIN By Victoria Curry FIVE months before the Expo 92 World Fair opens in Seville, Spain, an architectural extravaganza of geodesic domes, vine-laced pergolas and sail-shaped canopies is fast emerging amid the cranes and girders. "My mother was away for two weeks
      496 words
    • 150 31 As st 3 pin yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3085 I.326S Canadian dollar 1.4475 1.4770 NZ dollar 0.9323 0.9610 Sterling pound 2.*****.***** US dollar 1.6620 1.6680 Local dollars to 100 units of foreign currency Austrian schilling 14.60 14.95
      150 words
    • 69 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Nov 18-22 International France SDSA 33I4W%000 Nov 18-24 International Lima Feria (51)14/52.81 Electronics Kair for Internacional Agriculture. Dd Pacifico Components Livestock. Exhibition Fishery Sl Agroindustry Nov 18-24 Pacific Lima Fena <5l»i4/v> si Nov 24-29 The International Birmingham.
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  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 216 31 1 Professional man making possibly lads press on 10 Even those in service asexhaust (7) 13 Dug a quarter in imagina- JIL— Friday's ""THT™H■"TBI""" ~111IHST"""HB~"" 19 Rats found in areas of low 25 She's a mother twice over 26 Bridge where car got out, there's rivalry (7) r 30 Learnt
      216 words
    • 162 31 Singapore Outlook: Windy with passing showers in the afternoon. Report: Maximum temperature 10.4 Assoc humidity 72% Minimum temperature 24.0 Assoc humidity 92% Hours of sunshine I.BS Rainfall in mm Trace Rainfall this month 56.5 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/13 Cloudy Bangkok 32/23 Sunny
      162 words
    • 41 31 V|6O£\ 1 Ui'UL. NOT MKVE. A BAD WORD Tio3 KNOW whw I wjoth J sac *BoutW of TMC WING ABO-H* TUftT CJ? O UD J I pkcccwNTS DePftRTMenT... VNf -me pccoukits y v£ id iskst~i&r BS64* 4 ASSOCIATED NEWSPAPERS LTD., IM2-IMI
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  • 384 32 Accord follows talks with leaders of Soviet republics Reuter MOSCOW The Group of Seven leading industrial nations agreed yesterday to allow the Soviet Union to defer for one-year repayment of principal on its estimated US$7O billion (*****.4 billion) foreign debt. The
    Reuter  -  384 words
  • 324 32 AFP MOSCOW US oil company Exxon and several Japanese groups are about to sign a deal worth more than US$2O billion (5533.2 billion) for the exploitation of oil and gas resources on Sakhalin, senior Soviet industrial official Boris Kurakin said yesterday. The
    AFP  -  324 words
  • 356 32 Reuter TOKYO Japanese policymakers, under fire from Europe and the United States, look set to partially open the country's rice market, but rice farmers, traditional supporters of the ruling party, have vowed a fight to the end. While Cabinet members have
    Reuter  -  356 words
  • 241 32 Reuter WASHINGTON The Bush administration, under fire from Congress for failing to pry open Japan's financial markets, was split on Wednesday over whether to back proposed legislation designed to help it do that. The Treasury Department, which takes the lead in financial market talks with
    Reuter  -  241 words
  • 286 32 Reuter TOKYO Japan's top brokerage firm Nomura Securities Co Ltd yesterday announced that the group's pre-tax profits in the six months to Sep 30 had fallen by half, as hundreds of Japanese finance industry employees walked off the job to demand higher bonuses and shorter
    Reuter  -  286 words
  • 313 32 AFP SEOUL South Korean banks and other financial institutions yesterday raised interest rates as the government carried out deregulation to prepare for capital market liberalisation. The six major banks raised interest rates by up to 2.5 percentage points as the first-stage of deregulation
    AFP  -  313 words
  • 374 32  -  From William Chia in LANGKAWI SINGAPORE President Wee Kim Wee paid his respects to an old friend yesterday when he visited the Tunku Abdul Rahman Mausoleum at Alor Star, Kedah. The 76-year-old president, who is on the third day of
    374 words
  • Page 32 Advertisements
    • 73 32 Nikon The World's Finest Photographic System C MLS BRANDED CRYSTALS MAIN h AS.ION garment TOYS vIU STUFFED TOYS PAR PFTS VjAIVI L U PERSIAN CARPETS PORCELAIN FIGURINES, LONDON TEA, STATIONERY, JIGSAW PUZZLES, CHRISTMAS DECORATIONS MANY MORE DISCOUNT FROM 50% 90% 60A Martin Road #01-03 Central Merchandise Distribution Centre Singapore 0923
      73 words
    • 192 32 Nikon The World's Finest Photographic System Japan's trading firms cut profit forecasts, Pg 8 Support for a grainy issue, Pg 10 Japan's rice bowl leaders, Pg 12 The rare perfection of Patek Philippe at The Hour Glass. %l B" Ml a timepiece should quisite features that hallmark he a relaxed
      192 words

  • Shipping Times
    • 475 33  -  By Selva Kumar SINGAPORE Strong returns from concentrating on moving marine and salvage industry spares may soon force local air freight company Griffin Kinetic Pte Ltd to drop other general cargo from its business. The company, which started operations in January 1989, decided to
      475 words
    • 512 33 Reuter LONDON Prices for sec-ond-hand ships have peaked as shipowners are revising their hopes of high profits in both the dry cargo and tanker markets, brokers said. Shipsale agents have had a busy year, with buyers lining up for second-hand ships to take
      Reuter  -  512 words
    • 1241 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 •ANL 3 1/2 •APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCLShpg
      1,241 words
    • 322 33 THE TWO Main Group members which ply between the Straits ports, Taiwan and Japan will further boost its existing space agreement with Taiwan's Wan Hai Line from January next year. Wah Hai, a private line set up in 1965, and partners Malaysian International Shipping
      322 words
    • 141 33 AFP BANGKOK Thailand is to rebuild a railway link between the border town of Aranyaprathet and the Cambodian trading post of Poi Pet, State Railway of Thailand (SRT) officials said on Wednesday. A team led by deputy SRT chief Samcr Chaowai went to
      AFP  -  141 words
    • NEWS SUMMARY
      • 56 33 HONGKONG China is to launch satellites for Australia and Sweden next year, a Chinese aerospace official was quoted as saying yesterday. Yu Lunghuai. deputy director of the China Academy of LaunchVehicle Technology, said China would launch two satellites for Australia in March and one
        56 words
      • 75 33 FOR YEARS the last refuge of the redundant tweendecker and small bulker were rendered time-expired and uneconomic on the Japanese near-seas trade. Chinese and Southeast Asian shipping is at long last enjoying a modest upgrading. Nowhere is this more apparent than in the waters of
        75 words
      • 31 33 TAIWAN Aerospace's agreement to join forces with McDonnell Douglas to build a wide-body airliner will likely fuel debate here about transferring sensitive technologies abroad Back Page
        31 words
      • 30 33 FOR BOEING Co, the agreement between McDonnell Douglas and Taiwan Aerospace raises the threat that both of the Seattle aircraft builder's competitors would be government subsidised.
        30 words
    • LOG BOOK
      • 104 34 STRASBOURG, France The commission of the European Community on Wednesday authorised the French government to increase the capital of state-owned Air France by two billion francs (Ss6o3 million). But the commission said that it had not yet decided on an additional
        104 words
      • 102 34 AMSTERDAM Transport union FNV, representing employees at KLM Royal Dutch Airlines, said KLM and British Airways (BA) plan to set up a joint holding company. KLM declined to comment on the report. "The passenger side would be under a joint holding company with BA and
        102 words
      • 100 34 TOKYO Two Japan Airlines labour unions went on a 24-hour strike yesterday to demand higher winter bonuses, causing the cancellation of 13 flights and affecting 2,270 passengers. A JAL spokesman said the company tried to reduce inconvenience to the affected passengers by calling them to transfer
        100 words
      • 78 34 SYDNEY State-owned carrier Qantas Airways said it will increase its air service to Taiwan to three return flights per week, from two flights previously. The weekly additional flight, by its subsidiary Australia Asia Airlines, will start on Dec 10, adding to the airline's existing Friday and Sunday
        78 words
      • 60 34 GENEVA Three European airlines are to start a near-daily service to Vilnius, the capital of Lithuania, Swissair said on Wednesday. Swissair, Austrian Airlines and Scandinavian Airlines System will each start twice-weekly flights from mid-January. The new services form part of a cooperation agreement between the three
        60 words
      • 68 34 LONDON UK aeroengine maker Rolls-Royce said it had received an order for RB2II-535 engines to power up to 30 Boeing 757 planes ordered by USAir Group Inc. USAir has ordered 15 new 757s for delivery in 1993-94 and taken options on 15 more for delivery
        68 words
    • 918 34 FREIGHT market Fixtures on Wednesday were slightly easier, especially US Gulf/Japan, brokers said. The market awaited decisions by the US Administration on the long-awaited Soviet aid package which are still being delayed and could now take up to another three weeks. All panamax routes were marked down within
      918 words
    • 1453 34 These vessels begun life in the '60s for European and Japanese liner fleets. Most end up hauling bulk cargoes of cement and fertiliser in Southeast Asian ports International Transport Journal FOR YEARS the last refuge of the redundant tweendecker and small bulker were rendered time-expired
      International Transport Journal  -  1,453 words
    • 580 34 Carbon C«ta DemityWater Residue Ash Alumini- D—KyWNr RmMm Ash AhtminiNov 18 no SedkiMKt UlTl J—WW M/M M/ Enon Exior KG/M*3% V/V M/M I M/M PPM method KG/M*3% V/V M/M M/M PPM method BO/Cimac fcnits Spec E25 9SlTo 150 010 30* 010* w Spec G35 9911 0
      580 words
    • 9731 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,731 words
    • SHIPS IN PORT
      • 574 49 VwmI DoyHi tirth Vmal Departs <wwl fry W» Stfc fcitwl frprtw NUrin* Trrmin.l 1 JllTOng Pert manna mm i Bapng Permai I 71-91 J2/3 alongsde 22 11/2200 Batam Maju *****1 M03 'tongside 2 2300 B atangas J5 alcngvde 2211/0600 ?J£Ti 2'2 SJ 52 Don Antonio Bot 30
        574 words
      • 152 49 tohore hrt Berth: 1: Pernas Safari; 2: Million No 3; 3: Hung iiang; 4: Scotian Express; 5: Baronia; 6: Nil. 01 jetty: Cerlang, Hans Doot. VHyuysk. DCJ: Nil. Duo on Nov 21: Queen Chie. Silver Pride. Tai Ho No 1. Duo on Nov 22: Stainless Commander, Suci,
        152 words
      • 743 49 RECEIVING OF EXPORT Fa CONTAINERS MtP ICL CARGO Record Booknf/Babnc* RsJts Ship Voy No Etb/Btr Period From To From Ace Concord 24W 24/0900 3 Cancelled 4 21/1200 21/1459 21/1700 ACX Lily 17B 22/2300 2 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 Adrian Ms 9202 22/1500 2 20/1700 21/0659
        743 words
    • 452 50 McDonnell Douglas-Taiwan Aerospace deal raises fears in Washington and Boeing AFP WASHINGTON Taiwan Aerospace's agreement to join forces with McDonnell Douglas to build a wide-body airliner will likely fuel debate here about transferring sensitive technologies abroad, industry sources said on Wednesday. The agreement would enable
      AFP  -  452 words
    • 239 50 NYT SAN FRANCISCO For Boeing Co, the agreement between McDonnell Douglas and Taiwan Aerospace raises the threat that both of the Seattle aircraft builder's competitors would be government subsidised. Boeing has long complained that Airbus Industrie, a European consortium, can discount its jetliners heavily because
      NYT  -  239 words
  • Page 33 Advertisements
    • 27 33 Usm mi tanicM rapmHtMl by MM*IM «f HM lulitiy tf AwwilM ifffMl* SUMtac IMI Ihfin HiHwd ulmw ptag AsmXSml /•'or advertising enquiries, contcut Shipping Times lei 740-20X9/740-2090
      27 words
    • 73 33 THE FAMOUS 224 1833 For more information please refer to Pg. 13 Hi AIRFREIGHT S.S.I.T. IS OUR SPECIALITY fl GRIFFIN KINETIC PTE LTD S 4606 Airfreight Centre Building B, Singapore 1781 IH mm Te1:*****33•Fax:*****15• TeIex:2ISI2GRIFFIN K| NOW THAT YOU'VE HEARD US... (H Hp YOU OUGHT TO BE IN SHIPPING cruising
      73 words
    • 30 33 ConUmer Schedule 17 Dariy 2 Index to Advertisers 1 Shwng Gudc 10.11 S»*ps m Port 17 Singapore Tides 17 Transport Diary 3 Veritas Report 2 Weatt*r and Sea Condrtons 17
      30 words


  • Page 35 Advertisements
    • 2479 35 OOCL (S) PTE LTD -JARDINE SHIPPING AGENCIES «llV#» TEL *****11 FAX *****09 AllVl# BOOKINGS TEL *****34 *****58 ■llllf TLRMINAL/CFS TEL *****18 -220 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD \S&W A POHTKFLANG TEL *****18 FAX *****91 /*****88 PENANG TEL *****4 FAX *****1 CFS fEL *****6 SSSS Dedicated to Quality Service ipoh
      2,479 words
    • 2098 35 TRANSPORT DIARY No* 26-28: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. I'SA and SI PH at Westin Stamford A Westin Pla/a, Singapore IHx' .V 5: Man-Chem ')l Conference in C ologne. Germany. Organised by Petamgas Maritime Services. For further enquiries. Tel: 223-6118, 22J-9IOX or fa*: 223-W29. 223-9387. Dec 3-7: Marintec
      2,098 words
    • 1540 35 TWO SAILINGS TO USA LAUST MAERSK V.9IM ETA SIN 25/11/91 MARIE MAERSK V.9202 ETA SIN 26/11/91 Vessel Voy ETA I ETO Feeder by DESTINATIONS WorW lyn*/ Johanna to This W*6fc Mart* Mtersk 9202 KQQ2SOXXQS3EE2EZS3B33B2E3EEXZmK2&ZMH 26/11 0600 MRS Port OS 26/11 2369 MRS Kelang Penary OAK IGB MOO MEM ATL MIA
      1,540 words

  • Page 36 Advertisements
    • 1081 36 ~~1 Ihottedam/) VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE 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 MOHBAM DRESDEN EXPRESS 02/347 1/12 18/12 20/12 23/12 KAMAKURA 20/148 5/12 28/12 26/12 23/12 MONTE ROSA 16/348 7/12 30/12 28/12 26/12 SHLKtfB.tJKSSU ELBE 08/149
      1,081 words
    • 746 36 SEASPAC SERVICE DUECT SOUTH PACFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 12/12 IS/12 21/12 ALSO ACCEPTING CARGO MA SUVA TO: LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHKE/ SOUTH AMERICAN SERVICE SIN ICQ ANF VAP CLX IMPERIAL 2901E8 27/11 3/1 VI 11/1 12/1 ALSO ACCEPTING CARGO TO ARKA.
      746 words
    • 1487 36 IbgiiiAiii MJtmm. REQULAH INOePEWOeKT FULL CONTAM6R SERVICE WESTBOUNb Fdh EUROPE VSIVOY HS oa HAM ORE ROT ANT FE IMA <W* (*W (VM CMNA SM 131 M «?/}i W'M VJM 20/12 22/12 21/12 />l2 22/12 23/12 N2?ASI?m1i?1I1« 1 M/JI 2/}? IVM 27/12 29/12 21/12 30/12 29/12 30/12 RORASA SMGA 9139-3 00/12
      1,487 words

  • Page 37 Advertisements
    • 2012 37 i Steamers Maritime Holdings Ltd W&O priWST^IT^mPPING Containers Ejß&r-ZZ V*>» Ni- H't Hfcjog tt P*i Smf Alg Sou Ant tot Mb| omnim hay h ;o nw 11 23 11 10,1? U/Ml4/12 accrai* hi HISI MAIRy. Il l 2 1124 1124 11 77 11 12 12 IS'l2 It/12 11/12 riicO TABU
      2,012 words
    • 2054 37 KSttl/WT O*R 161 CM fW MO WM WTC WISH TOT WC W Ul HI ICR on CHOTMK MUD IF 144 23/11 17/12 M/ 12 27/ If Jl/12 1/1 J/1 «/l MMN KM TOR *r*l«* U/U 11/1* IJ/H 1(/10 27/11 21/11 17/71 CHOTtNG GMNT CF2OI M/U 24/12 IS/12 J/1 a/1 11/1
      2,054 words
    • 420 37 STRAITS/ JAPAN/ STRAITS SERVICE j SPECIALIST IN RO-RO HEAVY LIFTS ksso. vov sp [kuc ["kk TMUJNG ma 1 so "STpt I I CO9K TRAOai ll HPT 24/11 I SKI NMOTD "73 23/11 I 1 I SKI PM H 23/11 24/11 I COSMC IHSTIi 4 24/11 I I OHMS MOON 15
      420 words

  • Page 38 Advertisements
    • 534 38 Bi*a CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOI SPOIIt MMM/MMM H BURG B«M£N ANTWERP SRIWIJM 33*8 13/12 13/1 17/1 22/1 25/1 KUTAI 24W8 4 I 6/2 11/2 15/2 20/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub)eel to Inducement Also accepting cargo to Casablanca. Port Said, Port Alexandria.
      534 words
    • 1323 38 HANJIN SHIPPING FM VSL Im I LME HAUL OAK FOR VSL SM Lit HAUL SAV AM WTC HANAN FELIXSTOWE OIOC 25/11 MKT 16/12 19/12 HMIWIMW** «/H J'*®'™" 01 J 7 J, 7 NAWM LE HAVRE 015E 2/12 OHECT 22/12 26/12 FKHGUAM MYI96N 2/ 2H. KOBE »/J jJ'J HANAN ELIZABETH 002E
      1,323 words
    • 1374 38 j J.TJ.U Jim Im w >sc u u «ktwnoiuwumcmimw nf no en m w I I GROWTH RE 034 27/11 21/11 312 4/12 tl2 0/12 10,12 12/12 11/12 14/12 U/12 2M2 0 1 10/1 12/1 21/1 22/1 23/1 24/1 2C/1 5/2 15/2 H/2 21/2 C GRAM) K 031 4/12 5/12
      1,374 words

  • Page 39 Advertisements
    • 1965 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) BOOKINGS: NEPTUNEUNK TEL *****00 UK/EUROPE SERVICE *****19 USASERVICE- *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE -.27 ***** MM Jf TERMINAL OFFICE *****22 DOCUMENTATION DEPT *****44/*****14 CFS: MB2 IMPORT *****369/*****60 CFS: MB2 EXPORT *****63/*****04 mm neplinesonbhdMalaysia K.HO3) *****33, P. Kelang-(03) *****87,
      1,965 words
    • 1045 39 sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOW)—OBOWKGWG WPTBOUW-LOAOWC THAWSHTftD HOTTBPWi ww m ml* me wt ai Inn |«6 |oh« rm. |tm |mo
      1,045 words

  • Page 40 Advertisements
    • 1588 40 K "W" M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) MjZ W W V A TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I I I |%l m 4 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I JL JL X J TEL: SA *****00 PK *****01/5 PENANG *****0 JB
      1,588 words
    • 1335 40 §55 PHILI-OmCNT UN€S PT€ LTD »108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Tatar RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU m*. M 0 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION vftjar M NOV D \T R N A,
      1,335 words

  • Page 41 Advertisements
    • 1223 41 sssSsmmmm pacific international lines (pte) ltd mjmiji gg aHV P'L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOV BIN IKK SM BUNGA TERATAI 473 24/11 2S/11 1/12 JENLINK 7*l 23/11 M/ 11 JO/11 EDEN 481 26/11 M/ 11 3/12
      1,223 words
    • 981 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsia" 420 26/11 12/12 13/12 15/12 16/12 CGM Pans 426 28/11 20/12 22/12 Bunga Sura 438 5/12 22/12
      981 words
    • 454 41 M MYANMA FIVE STAR LINE (Myanmar National Lina) Loading for Yangon (Rangoon) S pore P.KIj Pen P Gdf HPA-AN VI69M 29/1 Occ PMVA VIIIW 3/5 Dec PAGAN VI76W 30/2 Dec PATHCIN 2/3 Dec HPA AN VI7OW 7/9 Dec liS* THE BANK lINE (A Mrvlca ol Andrew Weir Shipping) \T SEMI-CONTAINER
      454 words


  • Page 43 Advertisements
    • 754 43 r ScanDulchttl TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEDER VESSEL PKLANO PENANO OCEAN VESSEL WW LI HAWH) WPAM(SI rMASSTTOKS) WWWX4) Q-QUWO (8)~ 8 Unit/* Bhum 19/11 17/U 14/11 U/ll Mata/428 M/U 12/12 13/12 15/12 M/ 12 8 Scroja/W. Bhum 19/11 17/U 14/11 U/ll CCM Parta/424 29/11 29/12 22/12 B Saraia/W. Bhum
      754 words
    • 580 43 A* NedHovd NED LLOYD MEDITERRANEAN T NediioydLiries SERVICE OFFERS YOU 16 DAYS TO PIRAEUS 1 itw ffAUNO/ym *1 P-Kl tm Sfo TUft AmtM Hjl(A) HHj—i(A) Taw* LytfoNaid) Dm*(l) Napfor «*«tai{o Tarap N Rotterdam/9128S 23/11 25/11 25/11 25/11 26/11 21/11 13/12 20/12 14/12 16/12 17/12 17/12 11/12 19/12 20/12 N. Rooen/9129S
      580 words

  • Page 44 Advertisements
    • 839 44 TO AUSTRALIA/NEW ZEALAND [to Finn llfMt Ijyd Iftuck INK If CHUM MARTH* IHI 21/U 77/11 3/12 i, 12 11/12 13/12 14/12 EUEH HUMG 212 1/12 »/12 14/12 11/12 24/12 ***** BRUSSCI 293 IJ/12 21/12 ~lF\ 1/1 14/1 TTTI C VfROIMI 214 4/1 12/1 17/1 21/1 ?t7l 307 i TO USA/CANADA
      839 words
    • 854 44 EXPORTS TO HONGKONG. TAINAN, MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE IOUTBOUHO VOY PKL PEN IKT SR MM. HR6 M 0 KK TYO SMZ NGO HOB II VESSEL VOY |S« |PKL Wl M AC> WOLET IB 2011 "20 11 22 11 26 11 30 11 212 II? 7 712
      854 words
    • 220 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA era ETA VOK FOOT KELANG FOMK HUE IMC 28 11 loadint for Mite MVNHUDHU 2/12 Loading tor Calcutta OOIfWI 1/12 Loading For Mate POKE! SUPREME 2/12 Loading For Mate DOMMIM IN PORT Loaded For Fetnraru PROCMSS LKSTY 26/12 23/11 In Port
      220 words
    • 1537 44 /wl fSisi* i 6 3 N tia? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE Bun SItGWORE'S GENERAL AGENTS mWStt «®>!J COST R SHIPPING PTE LTD PT. GLOBAL PUTRA S 22J19M/22.1M3 MOONESIA MARITIME POUNG TEL (***** 1U: MA ***** TELEX: RS 26*30/1 COSHP *T TEL: (021)X1C37, Ml 764 rjliN PJIAN
      1,537 words

  • Page 45 Advertisements
    • 664 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, STORE 0207 HOT LINE *****33 24 LINES LIM ASSOL/PIRE AUS 26/11 ROTTERDAM 24/11 HAIFA/ASHOOO/ALEXANORIA 26/11 HAMBURG/BREMEN 24/11 MARSEILLE/FRANCE 26/11 FELIXSTOWE/UK 24/11 BARCELONA/SPAIN 26/11 LEHAVRE/ANTWERP 24/TI GENOA/ITALY 24/fl GOTHENBURG/SCANDINAVIA 24/11 LOS ANGEtES/WC/W 24/11 SYDNEY/MELBOURNE 30/11 NEW YORK/EC 24/TI FREMANTLE 30/TI VANCOUVER 24/11
      664 words
    • 1394 45 TEL: *****19 (12 Urm) ifM FAX: *****19/*****09 M| TELEX: US ***** RtSHIP (1 UKM) pT\ EimOPIAH SNfffUS UNO r^ 4 (National Unas of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL IVOY ETA LOAOtNQ FOR SPORE ANOINET ?SWB 21/12 DARES SALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABBAY WOMZ 31W8 30/01 DARESSALAAM MOMBASA DJIBOUTI
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    • 319 45 mum mm VBL VOY BMQAPORE MADRAS MNQAPORC VESSEL VOY SM MM SM TIGER SHARK 03N 24-25/11 01-03/12 00-10/12 no BUDGE IION 20-29/11 05-07/12 13-14/12 TIGER MY 101H 04-05/12 11-13/12 10-20/12 VSL VOY BWQAI*OWE/CALCUTTA/WWOUM t OWE VESSEL VOY SM CM. SM LHOTSE 412 27-2S/11 04-00/12 14-15/12 TIGER RIVER 140CNB 04-05/12 11-15/12
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  • Page 46 Advertisements
    • 1307 46 MAC-NELS S'PORE MPORT: *****02 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 i 1 PEN PR SIN Colombo 28/11 29/11 30/11 I 26/11 27/11 28/11 Ldn/Fta/Rdm/Ant Durban/Pt Louis 28/11 29/11 30/11 1 24/11
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    • 319 46 'fiagEP BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SJN NPt Ml ITT SIN PftEMKft 15S 24/11 ®/ll VIA Nft 11/11 »/ll MUIBEM 24S 11/12 23/12 VIA NPI 25/12 11/1 MAHSURI 0510 2S/12 S/l VIA PTI »/l »/l FULLY CONTAINERISED
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    • 1165 46 I THONG snntl LIMES 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 CQNVENTIONAL/CONTAIMgft CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessei |m In* liest vessel wt srttt p. mm
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  • Page 47 Advertisements
    • 821 47 >C^^^COMPANI^ERUAN^^^ DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pen*n|* P Kelinj Smjipore t Msu KMC VE RETT 22/24 NOV SHAPLAEVERETT 05/06 Dec KAMAIEVCRETT 23/24 D«c 25/26 Dec 29/30 Dec Vgk "EVERETT ORIENT
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    • 466 47 CZ3Z I MEs3[ N.AMERICA/CARRIBEAN SERVICES VESSEL |VOY |SW [WUNLMER [LAI hSI |SAV [NYC fcfl m TRIESTE IJ2E 24/11 M KOREA 26/12 4/1 1/1 18/1 12/1 AM HAIFA 70C 21/11 2N HONGKONG J/1 13/1 17/1 11/ l 21/1 7W GENOA lI7E 7/12 2M HONGKONG 3/1 13/1 17/1 lt/l 21/1 Acctptaif carf*
      466 words
    • 584 47 MIDDLE-EAST/PERSIAN GULF ACCKPTINO FCL/LCL DUBAI OAMMAN SHARJAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS )EDDAH FAR EAST ACCEPTINO FCL/LCL PENANG P/KELANG JAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTINO FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABEROEEN. LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ft ALL OTHER EUROPEAN PORTS INDIAN
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    • 543 47 A PERINTIS LINE 11 a- 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA 1 vessel VOY SIN JKT sby PELOPOR 1015 23/11 26/11 DERAJAT 964 25/11 01/12 DASA LIMA 938 27/11 30/11 PELOPOR 1016 30/12 03/12 TANTO UTAMA 209 26/11 29/11 BONTANG PACIFIC 128 28/11 01/12 TANTO UTAMA 211
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    • 401 47 SIN FM EAST 25/11 KEELUNG/KAOHSIUNG 23/11 BANGKOK 25/11 MANILA/CEBU 26/11 JAKARTA/BELAWAN/SURABAYA 24/11 PORT KELANG/PENANG/E Malaysia 25/11 BUSAN 24/11 TOKYO/YOKO/KOBE/NGO/OSA 25/11 HONG KONG S|N CHINA 25/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/ SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 24/11 LDN/FLX/LVP/SOU 24/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 24/11
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  • Page 48 Advertisements
    • 828 48 JSIT FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BANSKOK VIL HH/MAORAB VI »IW/CALCUTTA VBL BW4/BANOKOK SM IMA SM SM CAI SM SM IKK «T AVMUM.E 24-24/11 1113/12 8910/12 KIT WNLMLE 21-20/11 2C-M/U Nl7/12 WIT MNLMLI hft 23 Mm 25-21/11 05-07/12 13-14/12 27-21/11 M-M/12 14 15/12 22 Nov KNh 04-05/11 1113/12
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    • 506 48 ndmaml COKTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTMG CARGOES TO:PORT VESSEL ETA NEXT BANGKOK CON TERM MGENUITY 25/11 1/11 JAKARTA CONTERM EDEN 26/11 3/11 PCNANG CONTERM SEROIA 25/11 9/11 PORT KELANG CONTERM N. BHUM 24/11 1/11 AUCKLAND CONTERM PREMOt 26/10 11/12
      506 words
    • 565 48 CM contuftv mTERmoDniS I j LCL/FCL SERVICE FROM f f WM ffi operates o¥sr6oo iWTTwiaJs/otfices »n US A I ■II \ttUl maintain* ovor 35.000 factors trucks 111 jCtUf 89fV CM ovw 60.000 points in US A. UFwh m oMef re^iab4e l-Cl/FCL servloes General Agenti 77DAAK-7/A/r PENANG- KL: allicdlikk SINGAPORE: xSjfr
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    • 499 48 lIMaiM MANILA ETA VIGOUR PACIFIC SCNB 23J_1 VIGOUR SINGAPORE UNB 30_U BANGKOK 23 11 30 11 BUSAN 25 il 12 HONGKONG 22 11 29 11 DURBAN PI LOUiS 1 12 .1 12 KEELUNG 2S/11 2 12 US* 25 11 2 1? PT KELANG 22,11 26 11 KOBE 26 11 312
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  • Page 49 Advertisements
    • 32 49 Read ,v* Iy;tK Chartpoint, V '.v** •J 4 a guide to V' investing in be i "■> v'f the Stock Market. j V;.; Every Saturday in _i -f Business -t v '-v* Times
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    • 274 49 vQc vO c vO c Oc vO c vQcvQc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUDATOR WITH WORLDWIDE NETWORK J Weekly FCIACL Services U > USA EURdPE FAR EAST > Btftawt Vottnar ConaolkMon Svticas H»twvVaiOmnwanHanbuigGmoK. i^-port:van OramvanStripping(S)PhLkL U Boitoa:
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  • Page 49 Miscellaneous
    • 306 49 TIDES AND WEATHER TODAY'S TPES (hetght in metres) HOW MM IIMO2M UN MM KM MM I7M MM MM IMIIMI2MI3MI4M ISM ICMI7M ISM 19M 2M121M 22M 23M JR 26 24 19 1.5 12 10 1.1 1.4 20 2 7 3.2 33 30 26 19 1.3 08 05 0.3 0* 08 14
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  • Page 50 Advertisements
    • 948 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAWNE CO. LTD. EA3TBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fnna wr pcd rut m loe haul wmo iw ox imiwi wt hk tcm/» hi NAM Ml 211 N937 25/11 21/11 21/11 H. COMMANDO 3tt tt/12 23/12 2C/12 21/12 TOMOI 09
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    • 142 50 Ugl PT. CELEBES LINES Weekly FCL LCL Shipping Services rjr7 General Agents: Common Freight Carrios ptl ltd. y— 7 arm MMO Tamong PMM coma f SKtnK UN TEL: *****55 TO£X: M 2M29 FAX *****92. 2254M9 Nrtwt CeOi ■CM CBUIO9BJDOBBN TWICE WEEKLY SAUNGS PAS* GUDANG/ SMGAPORE VESSEL JQ3NPO SATU SOUTH BOUND
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    • 599 50 CHARTPOINT Every Saturday in Business Times 1/CviSA FREIGHT SERVICES PTE LTdQ We Sail The World For You REGULAR GROUPAGE LCI CONSOLIDATION SERVICES IMPORT EXPORT Oc«nb Port-of-Call Far East Port-of-Call Australia: Bangkok Sydney Hong Kong Melbourne Manila Fremantle Keelung New Zealand: i B L S I n Auckland tarta Penang (Accepting
      599 words