The Business Times, 26 November 1991

Microfilm: NL17724
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times JJ JI 111 iMif kffrr FOR S-EASIA MCI (P) 16/12/90 Tuesday, November 26, 1991 75*
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  • NEWS MARKETS
    • Article
      Pyongyang calls for nuclear talks with US, Seoul
      75 1 TOKYO North Korea, which has been resisting growing pressure to allow international inspections of nuclear facilities, called yesterday for separate talks with the United States and South Korea to resolve the impasse. In a statement carried by the Korean Central News Agency
      75 words
    • Article
      Dhaka road and rail links cut, say sources
      63 1 DHAKA Road and rail links to the Bangladesh capital were cut yesterday as thousands of jute and textile factory workers pursued a 48-hour blockade, witnesses and sources said. At least 20 people were injured at Postagola, near here, as baton-wielding police fired
      63 words
    • Article
      Futures growth
      40 1 THE Asian region offers vast potential for growth in the futures fund management industry, which is thriving in the US and Europe, says Anthony Hall, managing director of investment firm ED F Man Ltd in Hongkong Page 2
      40 words
    • Article
      Rocky road to recovery
      38 1 THE UK recession will be slow and patchy. There will also be a risk that the economy could contract for three months or more during 1992, says the Confederation of British Industry Page 3
      38 words
    • Article
      OM houses, new rules
      33 1 CONSERVATION guidelines for shophouses have been amended by the Urban Redevelopment Authority to retain their character, and in some cases, to give owners greater leeway for changes Page 4
      33 words
    • Article
      Views from Hills
      34 1 AMERICAN Trade Representative Carla Hills says it is unfair for other countries to criticise Washington's use of unilateral actions to punish errant trade partners since opened markets benefit everyone Page 9
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    • Article
      War won, battle lost
      24 1 CAPITALISM may have won the ideological war against communism, but winning the economic peace is proving far harder Page 12
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    • Article
      Plain sailing
      32 1 SINGAPORE will emerge as the cruise hub of the Asia-Pa-cific region in a decade, predicts Lee Loong Koon, the Singapore Tourist Promotion Board's director of events Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      29 1 WALL STREET opened lower yesterday with the Dow Jones index of 30 leading industrials posting a 4.48-point decline to 2,898.25 in the first five minutes of trading.
      29 words
    • Article
      Footsie lower
      42 1 LONDON share prices were mixed at midday yesterday on bad news over the weekend that pointed to a 25-point decline in the FTSE 100-share index. At 1215 GMT, the index was down 1.2 points, or 0.04 per cent at 2,445.1.
      42 words
    • Article
      Concrete move
      38 1 JURONG CEMENT is teaming up with two private companies Asia Insurance Co Group and Tan Eng Sim Investment Holdings related to founder Tan Lark Sye to pay A 517.3 million for an Australian property Page 6
      38 words
    • Article
      Success platform
      19 1 SEMBAWANG Engineering Pte Ltd has clinched a multimillion dollar deal to build an offshore platform Page 6
      19 words
    • Article
      Lending an airline
      38 1 THAI AIRWAYS has signed a US$3OO million short-term loan agreement in Hongkong with a group of 72 international banks and financial institutions. The proceeds will be used to fund its working capital requirements Page 7
      38 words
    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 700.65 -7.53 Kuala Lumpur ....537.38 -1.66 Tokyo 22,868.69 -248.70 Hongkong 4,220.74 -22.33 Svdney 1,617.6 -28.1 Friday Change New York 2.902.73 -29.% I>ondon 2,4463 -I7.I
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6600 100 Yen S$ 1.2908 MS SS 0.6068 Monty market rates Overnight 3 5/16 -1/16 3-month 3 7/16 -2/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS368.40 USS1.20 Rubber S'pore Dec 133 00*/kg -0.75 M'sia Dec 221 .00«/kg unch KL Tin Turnover 65 tonnes +4 Spot MSl4.70/kg +0.06 Crude palm oil Turnover 727 lots +229 Feb MS879/tonne +9
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  • Article, Illustration
    E Java gets ready for industrial boom with focus on Surabaya
    633 1  -  INDONESIA REPORT From Maggie Ford in SURABAYA EAST JAVA is planning for an industrial boom in the next few years, with a string of major developments under construction or planned around Indonesia's secondbiggest city of Surabaya. An ambitious expansion
    633 words
  • Article
    Wall St fears pull down prices in regional markets
    296 1 SINGAPORE Asian stock markets drifted lower across the board yesterday, driven by Wall Street-inspired jitters after the Dow Jones Industrial Average lost nearly 30 points last Friday. The Tokyo stock market yesterday fell for the ninth successive day, its longest losing
    296 words
  • Article
    Lock icon Watanabe criticises BOJ approach to interest rates
    402 1 Bold steps urged to stimulate economy AFP TOKYO Japanese Foreign Minister Michio Watanabe called yesterday for bold measures to stimulate the economy and criticised the Bank of Japan for its cautious approach to lowering interest rates. "Japan has previously achieved an economic growth
    AFP  -  402 words
  • Article
    Lock icon Jakarta denies fresh E Timor killings
    189 1 Reuter JAKARTA Indonesia has denied reports of fresh massacres in East Timor but Amnesty International has said in Sydney they are credible and urged a United Nations investigation. "There is no truth in the reports," a military spokesman said yesterday. Indonesia has been accused
    Reuter  -  189 words
  • Article, Illustration
    Lock icon Sing $ at all-time high against greenback
    104 1 Sing at all-time high against greenback SINGAPORE The Singapore dollar traded at an all-time high against the US dollar yesterday. The greenback was quoted at S$ 1.6515 in late afternoon, breaking the record of S$ 1.6595 set last Friday. It also plunged against the yen in Asian trading yesterday. Dollar
    Source: TeleTrac  -  104 words
  • Article
    Lock icon Thai junta backs down on key constitution clauses
    317 1 AFP BANGKOK Thailand's powerful military, which seized control in a bloodless coup last February, has been forced to scrap key clauses in a proposed constitution which would have allowed them to retain power. In a dramatic and sudden climb-down that caught most
    AFP  -  317 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      240 1 Nikon The World s Finest Photographic System. Aircraft Schedule 31 KLSE 25 Work) News U Commodities 30 Money Changer Rates 31 Company News 6.7 Money Market 29 Cryptic Crossword 31 Regional News 9 For market indices, editorial. Editorial 12 Regional Stock Markets 28 advertising and circulation exFinancial News 8 SES
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      Page 1 Advertisements Column 2
      218 1 Nikon The World s Finest Photographic System First-half investments in E Java rise to USs37Bm, Pg 2 War against plastic NIPPING IT in the bud by legislation. That's what the government did last week to check the appetite for plastic, of the credit kind. S N Vasuki looks at what
      218 words
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  • PAGE 2 NEWS
    • Article
      First-half investments in E Java rise to US$378m
      826 2  -  Potential of province for export industries the reason for strong growth INDONESIA REPORT From Maggie Ford in SURABAYA GOVERNOR Soclarso of East Java, like many leading Indonesian government officials, is an enthusiastic but careful man. For five years he has been promoting
      826 words
    • Article, Illustration
      Lock icon Region offers potential for futures funds
      336 2  -  Asian futures conference By Chew Eng Han SINGAPORE The futures fund management industry is thriving in the US and Europe, but the concept remains relatively new to the Asian region, which offers vast potential for growth. Mr Anthony Hall, managing director of investment firm
      Source: Managed Account Reports  -  336 words
    • Article
      Lock icon Cambodia slashes dollar-riel exchange rate by 20pc
      408 2 AFP PHNOM PENH Cambodia's central bank lowered its official dollar-riel exchange rate 20 per cent yesterday in reaction to a 40 per cent plunge by the dollar on the black market. The bank fixed the new exchange rate at 800 riel to the
      AFP  -  408 words
    • Article, Illustration
      Lock icon UK faces renewed fears of double-dip recession
      651 3 The British economy Reuter LONDON The spectre of a double-dip recession has returned to haunt British industry and financial markets despite government contentions that recovery is under way. Recession has come to an "official end" with news that the British gross domestic product
      Reuter; Source: Department of Employment; Source: Industrial Relations Services; FT Graphics  -  651 words
    • Article
      Lock icon Business leaders see a bumpy road to economic recovery
      366 3 Reuter LONDON Britain's recovery from recession will be slow and patchy and there is a risk that the economy could even contract for three months or more during 1992, the Confederation of British Industry (CBI) said yesterday. "It is quite possible
      Reuter  -  366 words
    • Article
      Lock icon UK firms face worse bad debt problems: survey
      195 3 Reuter LONDON Over 60 per cent of major UK companies are experiencing worse bad debt problems now than they were three years ago, according to a survey by credit insurance broker The Credit Insurance Association Ltd. The survey, released yesterday, said the
      Reuter  -  195 words
    • Article
      Lock icon Tokyo wants EAEC to be temporary, says paper
      262 3 AFP TOKYO The Japanese government wants a controversial Fast Asian trade grouping proposed by Malaysia to be a temporary body which would be eventually phased out, a newspaper reported yesterday. The Nihon Keizai Shimbun quoted an unidentified government official as saying that
      AFP  -  262 words
    • Article
      Lock icon Gatt talks make progress on a number of issues
      418 3 Outstanding disputes may be resolved by Dec 20 NYT WASHINGTON Trade negotiators seeking a successful conclusion to world trade talks have made progress on textile, arbitration, patent and trademark issues, but differences persist in agriculture, telephone service and wine labelling, according
      NYT  -  418 words
    • Article
      Lock icon Poll shows Americans see Japan as economic threat, but firm ally
      325 3 UPI TOKYO Smouldering trade disputes between Japan and the US are eroding trust but the Japanese hold exaggerated views of "Japan bashing" in the US, polls showed yesterday. Commissioned by the Kyodo News Service, the polls found nearly nine
      UPI  -  325 words
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      Page 2 Advertisements Column 1
      185 2 r I&V i.:"f. ■nt. -V /t/TiPr >' *> .£-7 A v lP| ■-Jfig ■lrTf~* #lftr |HKpaM[iMf x zi;* <sB|^:, f ■HI vta*.* i l, ||HnL KvS iWfafi liiU.'sMli THE WORLD'S FIRST CORDLESS KEYPHONE. Introducing the world's first cordless key- all the features of the Partner Plus and select grows from
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      130 3 An Excellent investment ideally Located 2 Mins Drive To Harbour Bain Awpat lnduMftud Ceahe 33 units of Ouality Terrace Factories BATU AMPAR, BATAM ISLAND Batu Ampar 3 hectare of prime site M industrial 900 m from harbour Centn Suitable for light medium Industries f High Ceiling for production area HarbowfiT
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      Page 3 Advertisements Column 2
      209 3 1948 Movjdo ■CaU?f>do»TMtic" 18 KARAT GOLD COLLECTORS' EDITION: THE MOVADO® 1881 COLLECTION. In 1948, the Movado "Calendomatic™" pioneered the self-winding calendar watch. This was but one of many Movado timepieces that had, since the beginning of the century, set the design standard for the Swiss watch industry. These historical masterpieces
      209 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Chit Chung to attend ILO regional conference
        97 4 DR ONG CHIT CHUNG, Parliamentary Secretary (Home Affairs and Labour), will attend the 11th Asian Regional Conference of the International Labour Organisation, which begins in Bangkok today and runs until Dec 2. He leads a delegation that includes Othman Haron Eusofe, MP for
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      • Article
        Toll-free to ministries, stat boards
        48 4 THE MINISTRY of Finance has asked government ministries and statutory boards to install toll-free lines for public inquiries from Dec 1. The ministry said its suggested move was in line with government efforts to provide better service and encourage feedback from the public.
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      • Article
        Public education on disabled
        62 4 THE MINISTRY of Community Development will join forces with voluntary agencies and disabled people to educate members of the public on issues affecting the disabled. Speaking at the Disabled People's International Ninth Asia-Pacific Leadership Training Seminar, K V Veloo, director (welfare) of the MCD, said the
        62 words
      • Article
        Corrections and clarifications
        87 4 IN yesterday's BT report "Small hotels may be required to pay cess soon", we said the Raffles Hotel did not have a swimming pool. It does, of course. And in Saturday's issue, it was reported that Malayan Credit planned to go into hotel development on one of
        87 words
    • Article
      URA revises conservation guidelines for shophouses
      332 4  -  Changes will enable character of buildings to be retained By Elaine Koh CONSERVATION guidelines for shophouses have been amended by the Urban Redevelopment Authority to retain their character, and in some cases to give owners greater leeway for changes. Three guidelines have been tightened,
      332 words
    • Article
      TDB-led team leaves for South Korea
      214 4 A DELEGATION of 18 local companies led by the Trade Development Board leaves on a trade mission to South Korea today, in conjunction with the official opening of the board's Seoul office on Thursday. Heading the mission is TDB chairman Alan Yeo, who will
      214 words
    • Article
      EC business groups in S'pore set up association
      348 4  -  By Schutz Lee THE national business groups of individual European Community nations in Singapore have formed an umbrella European Community Business Association (ECBA), believed to be the first in the world. The ECBA will allow the conduct of bilateral business matters on
      348 words
    • Article
      PC maker revamps to deal with slowdown
      209 4  -  By Joseph Rajendran LOCAL personal computer manufacturer Pet Computers is reorganising its operations to counter the slowdown in the local PC market. This was disclosed yesterday by G S Ng, its executive chairman. These changes have come about because of an oversupply of
      209 words
    • Article
      Firms should bank more on banks: don
      127 4 COMPANIES should cultivate relationships with banks instead of relying too much on the capital markets to raise funds, says an American academic. Speaking at a function organised by the Massachusetts Institute of Technology Club of Singapore last week. Professor David Scharfstcin, of the
      127 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      291 4 r mw m When you're taking an important call, bad protector, to block out the slightest interference. handphone no business person reception can be bad news. So you hear every word of every conversation can afford to go without. Which is why the Nokia Cityman 100 is coming through, loud
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      Page 4 Advertisements Column 2
      30 4 i inren/e///tfe //z/te an// /a/u>4i<np en/ete// /Stfe /Alt// r//m/n^/rn @deong bailors fEstablished 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, West in Pla/a. Raffles City. Tel: *****19 Kfll Fax: 6S-*****44
      30 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      253 5 THE PERFECT BLEND 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 jj SPgjrg Panoramic view of entertainment, JjBH the sea and the city. recreation and hospitality AFFORDABLE tit <r r ARCHITECTURALLY
      253 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Malaysian Helicopter to undergo restructuring
        50 6 SINGAPORE Malaysian Helicopter Services (MHS) has approved a restructuring scheme which entails the transfer of its operations to a wholly-owned subsidiary. The operations to be transferred are helicopter and other air transportation services. With the transfer, MHS will be converted into an investment holding company.
        50 words
      • Article
        UIS' NTA at $1.31 per share
        36 6 SINGAPORE United International Securities Ltd, a member of the United Overseas Bank Group, said that, as of Oct 31, its unaudited consolidated net tangible assets per share stood at $1.31.
        36 words
      • Article
        Transmarco unit liquidated
        38 6 SINGAPORE Golden Meridian Trading Pte Ltd, a subsidiary of Transmarco Ltd, was voluntarily liquidated by it shareholders on Aug 30. Transmarco owns 51 per cent of the company which has been dormant since late 1989.
        38 words
      • Article
        Metrojaya doubles earnings
        71 6 SINGAPORE Metrojaya Bhd more than doubled its group net earnings to M 51.15 million from M 5521,000 in the interim period ended Sep 30. Group pre-tax profit surged 120.4 per cent to M 52.27 million on the back of a 55.9 per cent rise in turnover to
        71 words
      • Article
        Fima Metal Box's earnings up
        77 6 SINGAPORE Fima Metal Box Bhd posted a 55.7 per cent rise in group net earnings to M 54.33 million for the six months ended Sep 30. Group pre-tax profit climbed 55.7 per cent to M 56.07 million. Turnover rose 6.3 per cent to M$ 106.41
        77 words
      • Article
        MAA revises rights issue
        76 6 SINGAPORE Malaysia Assurance Alliance Bhd (MAA) said in a statement yesterday that the Capital Issues Committee has revised its proposed rights issue from the proposed one-for-one issue to a three-for-four issue. As a result, MAA will issue about 35 million new shares compared to a previous
        76 words
      • Article
        MOX's contract for gas pipeline
        55 6 KUALA LUMPUR Malaysian Oxygen Bhd (MOX) and its associate company, Ohmeda UK of the BOC Group, will sign a contract today with Syarikat Pembinaan Yeoh Tiong Lay Sdn Bhd to supply and install a gas piping system for 11 nucleus hospitals. The MsB.s million contract
        55 words
    • Article
      Lock icon Petronas unit takes out S$1.65b French loan
      200 6 AFP KUALA LUMPUR Petronas Marine Sdn Bhd said yesterday it has obtained a buyer's credit facility of 5.36 billion French francs (551.65 billion) to finance its purchase of five liquefied natural gas tankers being built by a French shipyard. The loan under the
      AFP  -  200 words
    • Article
      Jurong Cement in tie-up to buy big Aussie property
      365 6  -  By Lee Han Shih SINGAPORE Riding on strong profits, Jurong Cement is joining forces with two private companies related to founder Tan Lark Sye to buy a large property in Australia. Jurong Cement which yesterday announced that interim earnings had more
      365 words
    • Article
      PJ Devt to sell Pengerang Estate
      296 6  -  By Magdalene Ng SINGAPORE PJ Development Holdings Bhd, the former Emtex Corporation Bhd, is selling its Pengerang Estate to Dunlop Estates for M$ 136.91 million, or about SsB2 million. PJ Development said in a statement the sale would reap it an extraordinary gain of
      296 words
    • Article
      Sembawang Engineering gets Chinese offshore platform contract
      295 6  -  By Selva Kumar SINGAPORE In its first direct deal with the Chinese offshore industry, Sembawang Engineering Pte Ltd has clinched a multi-million-dollar contract to build an offshore platform for Nanhai West Oil Corporation. In a statement yesterday, Sembawang Engineering said the contract, which
      295 words
    • Article
      Lock icon NSTP in move to beef up position in life insurance business
      497 6 MBT KUALA LUMPUR New Straits Times Press (NSTP) (Malaysia), seeking to strengthen its position in the life insurance industry, proposes to transfer the life insurance business and the assets and liabilities of the life fund of United Oriental Assurance
      MBT  -  497 words
    • Article
      Feasibility study on M'sian newsprint recycling plant
      210 6 KUALA LUMPUR New Straits Times Press Bhd (NSTP), Rcnong Bhd and Nanyang Press Bhd yesterday jointly signed a memorandum of understanding to undertake a feasibility study for the establishment of a newsprint recycling plant in Malaysia. The project, if found feasible, would be
      210 words
    • Article, Illustration
      Hopes for rally on KL stock market ahead of Lunar New Year
      595 6 MARKET TALK KUALA LUMPUR The customary rise in local demand before the Lunar New Year holidays and a new wave of foreign buying could soon spark a rally in Malaysia's stock market after several weeks of featureless trading,
      595 words
    • Article
      Thai Airways signs US$300m loan deal with 72 financiers
      371 7  -  By Kooi Cho Teng SINGAPORE Stateowned Thai Airways International (THAI) yesterday signed a US$3OO million (Ss49B million) short-term loan agreement with a consortium of 72 international banks and financial institutions. The one-year facility, signed in Hongkong, was structured to provide THAI
      371 words
    • Article
      Lock icon Meralco launching share offer today
      156 7 AFP MANILA The Manila Electric Company (Merako), the Philippines' largest power retailer, will begin offering a total of 31.4 per cent of its shares to its consumers and the public today, Merako spokesmen said yesterday. A total of 21.62 million shares, valued at 2.599 billion
      AFP  -  156 words
    • Article
      India's Videocon to float leasing/finance company
      414 7  -  From Shirish Nadkarni in BOMBAY VIDEOCON International, the fastest growing Indian company in the field of entertainment and consumer electronics, is the latest private sector firm to hop onto the finance company bandwagon. The group which belongs to the Dhoot family of Aurangabad and
      414 words
    • Article
      Lock icon IP stake offers stability: Carter Holt chief
      277 7 Reuter SYDNEY Carter Holt Harvey Ltd chairman Richard Carter has said International Paper Co's purchase of an effective 16 per cent stake in Carter Holt gives his company a sense of stability and credibility. International Paper, a paper and forest products group, bought
      Reuter  -  277 words
    • Article
      Lock icon Fraud hearing begins for ex-chief of Equiticorp
      235 7 Reuter AUCKLAND The exchairman of defunct share market raider Equiticorp International pic has gone on trial on fraud charges related to a complex NZ$327 million (*****.92 million) purchase struck one day before the 1987 share market crash. The charges against Alan Hawkins, now
      Reuter  -  235 words
    • Article
      Lock icon News Corp gets extension on loans
      251 7 Reuter NEW YORK News Corp Ltd has said that commitments have been received from its major banks to extend over US$3.2 billion (555.31 billion) of loans for an additional three-years, starting in February 1994. The company also said last Sunday that it had filed
      Reuter  -  251 words
    • Article
      Lock icon CSR's half-year profit down almost 50pc
      208 7 Reuter SYDNEY CSR Ltd, one of Australia's largest industrial companies, yesterday said its six-monthly profit has fallen by almost 50 per cent and warned its full-year result would be below As2oo million (Ss26B million). The sugar and building materials group said net profit fell
      Reuter  -  208 words
    • Article
      Lock icon China's Titic expected to issue 15b yen in samurai bonds
      252 7 Reuter TOKYO Tianjin International Trust and Investment Corp (Titic) is likely to issue about 15 billion yen (S$ 19.35 billion) in samurai bonds later this year, say capital market sources. Maturity is likely to be five to seven years as
      Reuter  -  252 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      246 6 Managers must manage. BT shows you how every Monday THE FIRST FAX OKI PLAIN PAPfcR FAX TO OUTPERFORM J$ .||s> AVOLKSWAGEN When the Volkswagen was launched in America in 1954 it did so with one simple headline THINK SMALL" It took the very best of big car features and got
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      Page 6 Advertisements Column 2
      8 6 Changes mooted for insurers in M'sia, Pg 8
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      115 7 HIWkL II Harbour Australia 16-18 Ross Street, Waverton SYDNEY AUSTRALIA A Landmark Investment on Sydney's Northshore Well below replacement cost an unrepeatable capital gains opportunity. The very last inner city harbourfront site of this magnitude available. 5 minutes from CBD THE WATERMARK APARTMENTS WILL BE SOLD BY INTERNATIONAL TENDER Tender
      115 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Chase Securities to leave Tokyo by year-end
        56 8 TOKYO Chase Manhattan Securities Ltd, an affiliate of Chase Manhattan Corp, will close its Tokyo branch by yearend, a company official said. The securities firm decided to pull out of stock trading in Tokyo in line with Chase Manhattan's global strategy of emphasising
        56 words
      • Article
        Record typhoon damage claims
        100 8 TOKYO A series of devastating typhoons this year has hit Japan's insurance firms hard, forcing them to pay out record damage claims of more than 500 billion yen, industry sources said. The Marine Fire and Insurance Association of Japan predicted that member firms would have to
        100 words
      • Article
        No ANZ comment on rumours
        51 8 SYDNEY The Australia and New Zealand Banking Group said it had no comment on market rumours circulating in London on Friday that British bank Barclays pic is interested in taking a stake in the Australian bank. A spokesman said ANZ did not comment on market
        51 words
      • Article
        CSR has no stake in Czarnikow
        56 8 SYDNEY CSR Ltd said it had no stake in privately owned London commodities broker Czarnikow, following market talk in London on Friday that it had bought a stake in the brokerage. CSR deputy managing director Bill Bennett had no comment on whether CSR was
        56 words
    • Article
      S'pore Re unit expands in Thailand, Myanmar
      198 8 SINGAPORE APR International Loss Adjusters Surveyors Pte Ltd, the lossadjusting subsidiary of pub-lic-listed Singapore Reinsurance Ltd, has stepped up its regional presence with new business ventures in Thailand and Myanmar. According to the bimonthly Asia Insurance Review, APR International has set up a
      198 words
    • Article
      CS First Boston gets OHQ status in S'pore
      527 8  -  By Magdalene Ng SINGAPORE New Yorkbased CS First Boston has joined the growing list of multinational corporations with operational headquarters (OHQ) status in Singapore. In an interview with BT, Allen Wheat, president and chief executive for CSFB's operations in the Pacific region,
      527 words
    • Article
      Changes mooted for insurers in M'sia
      390 8 SINGAPORE Several major changes are being proposed to the existing insurance legislation in Malaysia, the country's directorgeneral of insurance said recently. In an interview with the bi-monthly Asia Insurance Review, Tan Sri JafTar Dato' bin Hussein said the main objective of the changes would
      390 words
    • Article
      Lock icon Congress looks set to adopt stripped-down Bill
      254 8 NYT WASHINGTON With time running out and no progress made in weekend talks, the US Congress appeared headed on Sunday towards adopting a strippeddown banking Bill this week that would primarily provide US$7O billion (551'16.4 billion) in taxpayer loans for the nearly empty
      NYT  -  254 words
    • Article
      Lock icon Sharp fall in interim profits for Japan's top trust banks
      514 8 Reuter TOKYO Japan's seven major trust banks posted an average 45.4 per cent decline in operating profits in the 1991/92 first half because of a sharp drop in trust business and slashed fee income from depressed stock and property markets.
      Reuter  -  514 words
    • Article, Illustration
      Lock icon Lack of funds slowing takeover of weak US banks: FDIC chief
      325 8 NYT WASHINGTON US federal regulators have had to move more slowly in seizing weak banks because of the depletion of the deposit insurance fund, and the premiums that banks pay to the fund arc likely to rise sharply next
      NYT  -  325 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      276 8 r 1 w 2 PERSONAL TAX PROGRAM Tax Breeze is a software program developed for calculating Singapore Personal Tax for Resident Individuals. It will be available in January 1992. FEATURES Easy to use, menu driven, help screens, calculations for area representative basis, tax on tax and double taxation relief, etc.
      276 words
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      Page 8 Advertisements Column 2
      181 8 INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. EASY STAFF personnel system is an award winning human resource package. EASY ASSET fixed assets system that manages your
      181 words
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  • THE REGION
    • Article, Illustration
      Hills defends unilateral action against errant US trade partners
      421 9  -  From Catherine Ong in HONGKONG AMERICA should not be criticised for taking unilateral action to punish errant trade partners, says US Trade Representative Carta Hills. Open markets were of benefit to all nations, she told a recent closed-door meeting of the
      421 words
    • Article
      Finnish investors showing increasing interest in Asean
      250 9 BANGKOK Finnish private investment in the Asean countries over the next three years is expected to total US$25O million (about Ss4ls million), according to a report in The Nation. The paper, quoting the president of the FinnishAsean Trade Association, Jukka Viinanen, said Finnish
      250 words
    • Article
      Lock icon Open economy further, Paris tells Hanoi
      396 9 French team finds Viet authorities unresponsive AFP HANOI French Foreign Minister Roland Dumas urged Hanoi to further open its economy yesterday as he announced that France would more than double its annual aid for Vietnam to 95 million francs (about Ss29 million). "On the
      AFP  -  396 words
    • Article
      Lock icon US rules out setting up new bases in S-E Asia
      277 9 OANA-TNA BANGKOK US Ambassador to Thailand David Lambertson has said that his country has no plans to set up new military bases in South-east Asia. Speaking at a talk on "Thai-US Relations in the Changing World" organised by the Journalists'
      OANA-TNA  -  277 words
    • NOTE BOOK
      • Article
        Seoul investment in KL set to top US$600m
        60 9 SEREMBAN South Korean investments in Malaysia will top US$6OO million (about SSI billion) by the end of the year, its ambassador to Malaysia, Hong Soon Young, said recently. Mr Hong said bilateral trade between Malaysia and South Korea was expected to reach
        60 words
      • Article
        Jakarta checking deficit
        108 9 JAKARTA Indonesia is set to bring its current account deficit for the second half of the 1991-92 fiscal year down to US$l.7 billion (Ss2.B billion) from US$2.3 billion in the first six months. According to a report in The Jakarta Post, Finance Minister Johannes Sumarlin said that
        108 words
      • Article
        More jobs for Malaysians seen
        57 9 KUALA LUMPUR Malaysia's fast expanding economy is expected to generate about 2.3 million new jobs over the next decade, sharply reducing unemployment. Projections officials said yesterday that by the year 2000, unemployment would drop from the current 6 per cent to 4 per cent, the
        57 words
      • Article
        Thai trade team for Myanmar
        46 9 BANGKOK Thai Agriculture Minister Anat Arbhabhirama is to lead a high-level team to Myanmar from Nov 28 to Nov 30 to discuss mutual cooperation measures on logging, fishing and farming with their Myanmar counterparts, according to a report in The Nation.
        46 words
      • Article
        Aussie wheat for Vietnam
        70 9 CANBERRA Australia has agreed to sell Vietnam 100,000 tonnes of wheat a year over the next five years. The agreement, which will be at market rates and does not involve credit, was signed by Trade Minister Neal Blewett during a visit to Vietnam last week, it
        70 words
      • Article
        More charges against Imelda
        92 9 MANILA The Philippine government filed 12 new criminal counts of graft against Imelda Marcos yesterday, bringing to 66 the number of criminal suits she faces in the country. Solicitor-General Francisco Chavez charged the widow of ousted dictator Ferdinand Marcos with violating the country's Constitution by heading
        92 words
      • Article
        Myanmar to take back refugees
        59 9 DHAKA Myanmar has agreed to take back all the Burmese Muslim refugees, known as rohyngas, who fled to Bangladesh in recent months. "The modalities for the repatriation of the refugees will have to be worked out," Bangladeshi Foreign Minister Colonel Mustafizur Rahman said last Sunday
        59 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      265 10 (What leading industry consultants are saying about NCR's System 3000f ■■NCR has demonstrated an unmatched commitment to standards, competitive pricing, network management and distributed systems. The company backs its direction with firm financial footing and credible service and support™ Forrester Research Today "open" is not enough. You are peripherals. At
      265 words
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  • THE WORLD
    • Article
      Visa fee hike set to hurt Indian tourism even more
      622 11  -  Earnings already down 11 pc in year to October From Shirish Nadkarni, Rajendra Bajpai in NEW DELHI INDIAN travel agents fear visitor arrivals already depressed in spite of 1991 being Visit India Year will slump further because of the government's
      622 words
    • Article
      Lock icon Tough task in closing down state firms
      358 11 Reuter NEW DELHI With help from the World Bank, India is set to tackle its most politically sensitive issue of the day winding up lossmaking state-owned firms. The World Bank vicepresident for Asia, Attila Karaosmanoglu, said last week that the bank would consider
      Reuter  -  358 words
    • Article
      Lock icon French still keen on Soviet ventures in spite of problems
      555 11 AFP MOSCOW In spite of the Soviet Union's huge economic and political difficulties. French companies continue to work in this country, and some big contracts (especially in the energy field) are at an advanced stage of negotiation, informed industrial sources
      AFP  -  555 words
    • WORLD WATCH
      • Article
        Taiwan-China trade via HK hits monthly high
        87 11 TAIPEI Taiwan's trade with China through Hongkong hit a monthly record high in September, rising 66.5 per cent to USSS24 million (SSB7O million). This compared with US$47O million the month before and USS3IS million in September last year, a Board of Foreign Trade
        87 words
      • Article
        UK-Iraq deal through exporters
        91 11 LONDON The £70 million (*****.6 million) worth of Iraqi assets unfrozen as part of Britain's deal to free imprisoned businessman lan Richter is likely to involve the Iraqi money being given to British exporters who will then provide Iraq with food and humanitarian supplies. A British
        91 words
      • Article
        W German inflation set to rise
        123 11 FRANKFURT Inflation in western Germany is expected to accelerate to 3.9 per cent this month from 3.5 per cent in October and may well burst back above the 4 per cent level by the end of the year, economists say. That, coupled with news
        123 words
      • Article
        Group of 15 to hold talks
        74 11 CARACAS Leaders from at least 11 countries belonging to the Group of 15. a by-product of the Non-Aligned Movement, meet in Caracas this week to try to find their place in a changing world. Organisers said leaders from the disparate group of Third World
        74 words
      • Article
        Surprise twist in Belgian polls
        91 11 BRUSSELS Belgium plunged into political chaos after voters turned their backs on traditional parties in elections last Sunday, handing a huge protest vote to an extremist anti-immigration party and environmentalists. Although outgoing Prime Minister Wilfried Martens' previous coalition of Socialists and Christian Democrats looked set
        91 words
      • Article
        Pakistan offers oil incentives
        67 11 ISLAMABAD Pakistani Prime Minister Nawaz Sharif has announced a series of incentives aimed at attracting foreign investment in oil and gas exploration. Winding up a threeday international petroleum seminar last Sunday, he said no duty would be levied on all offshore exploration equipment at any stage
        67 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      144 11 j H I SAW. I saw a car with a 3-litre V 6 DOHC,24-valve electronically the driving seat to the preferred driving position by a ABS braking, four wheel steering and electronically controlled managed fuel-injected engine which touches 215 kilometres computerised memory. I saw a car which is luxuriously longer,
      144 words
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  • Article
    Positive-sum game
    449 12 EDITORIAL IN A statesmanlike act, Singapore had concluded that it wanted Hongkong to continue to exist as the region's economic powerhouse beyond 1997. It was not an act of altruism, but of enlightened self-interest. Singapore's attitude is justified: while it has offered an insurance policy in the fonn
    449 words
  • WHAT THE OTHERS SAY
    • Article
      Just money is not answer
      307 12 LAST September, former Soviet Foreign Minister Boris Pankin put a figure to his country's foreign aid needs: US$l7O billion (Ss2B4 billion). In addition to short-term humanitarian aid and technical assistance, the Soviet Union needed "large-scale projects, giant investments, loans and credits". If that appeared to
      307 words
    • Article
      Saving the Soviet Union
      99 12 THERE is no doubt that Mr Eduard Shevardnadze is the right person to shoulder responsibility as a foreign minister and help the Soviet Union overcome its problems. But he alone will not be able to pull Soviet Union out of its difficulties. Not even President Gorbachev
      99 words
    • Article
      Education the answer
      97 12 RESTRICTING the issuing of cards will help prevent certain ills, but to arrest the problem, especially of extravagant young consumers, the solution lies in stepping up consumer education and consolidating the traditional values of thrift and diligence. If credit cards are perceived as status symbols not only
      97 words
  • REGIONAL VIEWPOINTS
    • Article
      Homes for all
      193 12 THE euphoria of the painless Budget has not quite died down when the nation may be in for another windfall. This, however, depends on whether the Government decides to accept the proposal by the Employees Provident Fund (EPF) that contributors are allowed to make a larger withdrawals
      193 words
    • Article
      Who will be next PM?
      124 12 GENERAL Suchinda has effectively blocked out Air Force Commander ACM Kaset Rojananil as a contender for the next premiership with the announcement that neither he nor ACM Kaset would accept the next premiership. But now he has to find someone outside all these political parties,
      124 words
    • Article
      Reform is needed
      168 12 THE administration has already acknowledged that the present banking system is open to abuse and that, from now on, meeting the criteria of the Banking Ordinance, will not automatically guarantee a licence to operate. The banking community has generally expressed scepticism about a deposit insurance scheme, saying
      168 words
  • Article, Illustration
    Lock icon Road to prosperity is one long slog
    925 12  -  Capitalism has won the ideological war against communism. But winning the economic peace is far harder. Stephen Jukes reports Stephen Jukes Reuter Boris yeltsin clambers onto a tank in defiance of the coup against Mikhail Gorbachev; revellers dance on top of the Berlin
    Reuter  -  925 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      309 12 ft*■ ■'^t*■ v ?■■<%&s■'£''^z*^-- The Texas Instruments Travel Mate To make the most of your 3000 WinSX is specially designed for Windows™ system, the Rule-of-Thumb the Windows 3.0™ environment. It is "the more the better." TM3OOO packs the power you need to take WinSX™ meets the requirement and advantage of
      309 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      70 12 DOONESBURY BY GARRY TRUDEAU GUE&HOBJLON6WE-BEENIN MR. KtMBER HQ,NO,NCJTAT I 00NF1NEMENT, MR.R&FERN. I PRISON* 19XMONTHS! THATS UN, ARE ALL. THCYKEEP qni&YTD I Tt£YVE/kSOTnePT>SK£N&W AN EXTRA FtVE YEARS! "THEV tOUBBNG OOSETAOSON M BREAK H BUT mietrcßMNSMe/Hfaote. I Emjm&fOßECLAseir/ MSTREAIB?? ME.OF COURSE, ieorm CM&K I THE SENTENCING GUtPEUNES 11 MS AS CATEGORY 8.
      70 words
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  • ANALYSIS
    • Article
      Lock icon Why the US needs to do what is right
      788 13  -  Leslie Gelb argues that the US will prove to be soulless and spiritless if it fails to do what it can to forestall famine and dictatorship in the Soviet Union Leslie Gelb NYT WITH the trillions spent to win the Cold
      NYT  -  788 words
    • Article, Illustration
      Lock icon Less credit? It's on the cards
      1184 13  -  In the US and in Japan there is increasing concern about the perils of fostering a 'buy now, pay later' ethic. So are Singapore's regulators, who announced new credit card usage guidelines over the weekend, taking the right step? S N Vasulri reports S
      Source: Japan Credit Industry Association, Wertheim Schroder & Co, The Nilson Report,and Monetary Authority of Singapore  -  1,184 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      240 13 Sent* phetM systoms may mm ■"Kloml phonai, you won't hm to mochlnos, cordltu and tlnglt lino choop at Mm tlmo, but howoro, Install fort out an exorbitant amount for thom. phonos. wodimi. facslmllas. data toranything othor than ALL THI FEATURES TOU NKKD— mlnah. haainto, and prlntors to hoop a Nn«ionk
      240 words
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  • FOCUS
    • Article, Illustration
      Lock icon Coke: teaching the world to drink
      1015 14  -  Coca-Cola's global strategy is so successful that when it comes to profits, its home market, the US, takes second place. Roger Cohen reports from Atlanta Roger Cohen NYT FOR many companies, globalisation proves to be a concept as empty as that other corporate buzzword,
      NYT; Source: Company reports; NYT graphics  -  1,015 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      80 14 m\ m A- t "ix NHKSBIHHBi Men's Wallet $169- $345 Ladies Wallet $119- $359 iWLaI malkes CoeicL eiraclimre line ravages <of Minnie? I n. e answer is mo secret f COACH J AN AMERICAN LEGACY Every item ip the Coach range of leather goods owes its lasting beauty to the
      80 words
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      Page 14 Advertisements Column 2
      104 14 We act as agent for a reputable investment company who would like to invest (min. 51%) in an upmarket brand name retailer of women's apparel (or mix of men/women) preferably who holds an agency for one or 2 brands and who has one or up to 3 outlets in very
      104 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Unisys (Asia) to concentrate on four commercial areas
      521 15  -  US computer maker Unisys is consolidating its business. Claire Leow reports Claire Leow Debt-ridden American computer maker Unisys Corporation will concentrate on four commercial areas in a bid to consolidate its business. Unisys, which recently surprised analysts by announcing the sale of
      521 words
    • Article
      Lock icon Hormone may hold key to safe tan
      250 15 NYT INJECTIONS of a synthetic hormone one day may allow people to get a golden tan without being exposed to the potentially cancer-causing rays of the sun. In a study conducted at the University of Arizona, 15 volunteers who received injections of the
      NYT  -  250 words
    • Article
      Lock icon New respirator a timely help for firefighters
      194 15 NYT Scientists at the Lawrence Livermore National Laboratory in the US have developed a lightweight respirator that can protect firefighters from inhaling airborne particles and carbon monoxide while working outdoors. The mask received its first field testing recently as a helicopter crew fought
      NYT  -  194 words
    • TECH TAKES
      • Article
        BSA takes Taiwan Hoechst to court over copyright
        118 15 TAIPEI The Business Software Alliance (BSA) said last week it was filing legal actions against Taiwan Hoechst for the suspected unauthorised copying and use of software. The actions were filed under the Taiwan Copyright Law which prohibits the unauthorised copying and use
        118 words
      • Article
        NUS buys accounting software
        73 15 SINGAPORE The National University of Singapore (NUS) has purchased its first financial and cost accounting application software from a German-headquartered company called Systems, Applications and Products (SAP). Previously, the NUS developed these applications by itself. The SAP software package will be operational in April next year.
        73 words
      • Article
        Bull clinches Indon contracts
        61 15 JAKARTA The Indonesian Ministry of Communication has awarded a US$2.l million (553.49 million) contract to Bull H N Information Systems for computerising the check-in and boarding counters at the Soekarno-Hatta International Airport in Jakarta for 20 international airlines. The company also clinched a US$l6O,OOO contract for
        61 words
    • Article
      Compaq looking to low-cost PCs for growth
      398 15  -  By Claire Leow COMPAQ Computer Corporation, which made its name in high-cost, high-performance personal computers (PCs), has announced plans to start a low-cost PC line to regain its edge in the depressed computer market. The American computer maker said the PCs would take
      398 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      252 15 i"I Mr 65 box files IMHBBBi jmß^^ iHi J "ifcr In U I: J *1 IP"* —1 11 -1 I# HI X HiH f V CANOnLE STORES 13,00P DOCUMENTS ON A SINGLE DISK. CSflOf MB 250 Utter the magic word 'Canoflle'. And watch your The only ttaiMMgnfijjgtem. Desktop Electronic Fire
      252 words
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  • Article, Illustration
    Delaneau: Time pieces of the rich and famous
    685 16 No more than 25 pieces are produced for every model of a Delaneau watch, with prices ranging from $20,000 to a hefty $1.5 million RECESSION may have hit almost every sector of the retail market, but at least one brand is still
    685 words
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  • Article, Illustration
    Superb craftsmanship, trendsetting styles
    389 17 Precious stones such as diamonds, emeralds, rubies and sapphires are used SINCE they are jewellery time-pieces, Mr Tschudin said the quality of the gems used is as important as the function of the watch. Precious stones used in Delaneau watches are sourced from Burma, Colombia, Kashmir
    389 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      949 18 i WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE mimSSSSSSSSSS^SSSSSSSSSSSSSSSSSSSSS^S^SSSSSS^S^S^SS^^^SSS ■H V 9 I x^^HttflEHHim^^' -JMBbBI GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS
      949 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      687 18 TELEVISION AND RADIO 1.... I T*l _l SBCI2 £*■»(*««<* SML BUSINESS QN RAPjft, ;J. I hp T"Yf*IIIPP 1C OOTTI ITI (J ».M Tanday fnmltn Com- 10 50 i BBC, M.9 mHz in VHF Band N X llv LyA Ai3 VV/llilliKl* 1M mg lo America (See Our Summary and j 5.05pm,
      687 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Mercury dies of Aids
      706 19 Freddie Mercury, flamboyant singer of rock group Queen, admitted on Saturday that he had Aids. The next day, he died from the disease. He was 45 Reuter Rock star Freddie Mercury, who as lead singer of supergroup Queen was known as the showman of British pop
      Reuter  -  706 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      145 19 AMD ENTERTAIN wiSKttmEKSSSSmv i<l Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Every Monday to Saturday a Happy Hours: 6 to 9 pm anahotel (one for one special) SINGAPORE 16 Nasson Hi* Smgapor* 1025 Telephone (06) 732 1222 A promotion depends on how well
      145 words
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      Page 19 Advertisements Column 2
      326 19 The Volvo 960 now comes with a In 'Performance' mode, every ounce force of a side-on collision, SIPS disperses brand new safety feature: of engine power goes straight to your wheels the impact in different directions. Where it's A 204 bhp, straight-six engine. when you step down on the accelerator.
      326 words
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  • SPORTS
    • SIDE LINES
      • Article
        BMW reportedly seeking Porsche stake
        66 20 HAMBURG Luxury car maker Bayerische Motorenwcrke AG (BMW) is pushing to take a stake in sportsear maker DR Ing HCF Porsche AG, the Der Spiegel magazine reported last Sunday. The magazine said BMW's management board chairman, Eberhard von Kuehnheim, promised Porsche it could maintain its
        66 words
      • Article
        Kankkunen takes early lead
        98 20 CHESTER, England Juha Kankkunen drew first blood in his crucial world title battle against Carlos Sainz last Sunday. The Finn headed the opening leg of the RAC Rally in his Lancia Delta with the Spaniard equal third in his Toyota Cdica, eight seconds behind. To retain
        98 words
      • Article
        Tomba wins World Cup slalom
        87 20 PARK CITY, Utah Skier Alberto Tomba, master of the second run, came from behind for the second day in a row to beat Switzerland's Paul Accola and win a men's World Cup slalom on Sunday. Tomba gained his 20th career victory the day before by
        87 words
      • Article
        Wadkins, Purtzer win shootout
        66 20 THOUSAND OAKS, California Greg Norman and Jack Nicklaus produced a 13-under-par 59 here last Sunday, but were unable to catch Lanny Wadkins and Tom Purtzer in the final round of the Shark Shootout. Norman and Nicklaus finished 23-under-par on 193, four shots out of the lead.
        66 words
    • Article, Illustration
      Lock icon Philippines surges ahead on first day of games
      284 20 SEA Games Agencies MANILA The Philippines pressed the home advantage to the hilt, bagging three golds to become the early pacesetters midway on the first day of competitions at the 16th South-east Asian Games here yesterday. The hosts issued a challenge to
      Agencies  -  284 words
    • Article
      Lock icon No case against golfers' errant balls, rules NY court
      390 20 NYT ALBANY, New York New York State's highest court has ruled that Mr Arthur McGovern and his golfing partner botched their drives on the 11th hole, but that they could not be sued for it. In a unanimous decision released on
      NYT  -  390 words
    • Article, Illustration
      Lock icon Seles caps great year with Slims victory
      228 20 AFP NEW YORK Monica Seles capped a brilliant year last Sunday by defeating Martina Navratilova in four sets to win the season-ending Virginia Slims Championships. Seles, who became the youngest world number one earlier this year at the age of 17, scored a
      AFP  -  228 words
    • Article
      Lock icon Noah solves dilemma in Swiss retreat
      665 20 AFP LYON, France With Davis Cup fever invading France, it was appropriate that captain Yannick Noah should choose the calmer pic-ture-postcard setting of Montreux in Switzerland to make one of the most difficult decisions of his career. Noah, who next week hopes to lead
      AFP  -  665 words
    • Article
      Lock icon Japanese firm stops making golf balls that fly too fast
      285 20 Reuter TOKYO A Japanese company said yesterday it was immediately stopping production of two types of golf ball after Britain's Royal and Ancient Golf Club ruled that they flew too fast. A spokesman for Sumitomo Rubber Industries Ltd said the
      Reuter  -  285 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      114 20 DOUBLE ATTRACTION AT WINDHAM HILL ARTISTES JMfl HET TUCK PATH AND TURTLE ISLAND STRING QUARTET I DATE: 12 DECEMBER 1991, THURSDAY PRICE $45 NETT (COCKTAIL SHOW) (INCLUSIVE OF 1 DRINK) SHOWTIME: 7.30 PM (ZOUK DISCO) PRICE $100.00 NETT (DINNER SHOW) SHOWTIME: 9.30 PM (ZOUK RESTAURANT) DINNER TO BE SERVED AT
      114 words
    • Advertisement
      Page 20 Advertisements Column 2
      90 20 A MUST FOR EVERY SUCCESSFUL MAN! j mm with every purchase. IN (2) EXCLUSIVE VERSIONS: Please tick; Quantity Genuine Leather S$ 150.00 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 yours. For
      90 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII down 15 pts as overseas markets fall
      3110 21  -  By Schutz Lee WITH SENTIMENT on the local bourse dampened by the dismal performance of major overseas markets, Singapore's benchmark Straits Times Industrials Index fell 15.24 points to close at 1,440.78 points. Wall Street's Dow Jones Industrial Average fell 29.96 points to
      3,110 words
    • Article, Illustration
      Lock icon HOT STOCK
      72 21  -  By Chew Eng Han Comment THE current decline is likely to meet support at the $2.25$2.30 price level. A triangle formation may be developing, which means a possible retest of resistance line at around $2.75-$2.80 initially. If the triangle materialises, expect a subsequent fall to about $2.10, and
      SOURCE: PONT DATA  -  72 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3168 23 PMRI 50« 164 +7 +4.5% MUI 156 +-6 +40% Rash id Hussain 200 +5 +2 6% MTC 78* 278 +4 +1.5% Tasek Cement 269 +4 +1.5% Golden Hope 120 +2 +1.7% K.1 Kepong 218 2 +09% DMIB Bhd 50* %V 2 +1V, +16% Pelangi Bhd
    3,168 words
  • Page 23 Advertisements
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      382 24 Ctnpaay Oat* Vaar Group Nat Nat aaraiagt Grass aaa to profit/lass (L) par sfeara dhrMand ('000) (cants) Burwifl HWgs Nov 22 Jun 91 HK$32,llls($30.081) 69(8) 65(70) Mateo* H Nov 22 Jun 91 S1.357($498) 4 9(18) 7TE(5TE) Wing Tai Nov 22 Jun 91 $9.726(19 380 5 5(5 3) 16(16)
      382 words
    • Article
      PRELIMINARY RESULTS
      210 24 Company Date Ymt Group pra-ta* Not oaniings Grata ann to prafit/loss (L) p#r share dividend COM) (cents) Times Pub No* 22 Aug 91 $50.932($45,408) 295(23) 10(10) Ind Oxygen No* 18 iun 91 M$34.844($24,335) 3.8(3.1) -(4.5a) PJ Oe* HMgs No* 11 Jun 91 M$527 ($1.6881) SPH No* 8 Aug
      210 words
    • Article
      INTERIM RESULTS
      505 24 Cwpaay Date Half-year Group pre-tax Interim am te profit/lass (L) dividend COM) MAS Nov 21 Sep 91 M$145,701 ($197,812) Mafeyawata Nov 20 Sep 91 M$25.836($26.388) 5TE(2 5TE) PMC Nov 20 Sep 91 M$26,341 ($22,686) 6TE(6TE) PMRI Nov 20 Sep 91 M$8.712($5.428) 5(5) CK Tang Nov 19 Sep 91
      505 words
    • Article
      CORPORATE DEVELOPMENTS
      201 24 No* 25 Muipha International has proposed a special issue of Ms4om (5524.2 m) convertible unsecured loan stocks, carrying a coupon rate of 9% annually and a nominal value of Msl each, to bumiputra investor Sutera Bakti Sdn Bhd. Nov 22 CMB Packaging Singapore Ltd s subsidiary. AMB Packaging
      201 words
    • Article
      DIVIDENDS ANNOUNCED
      754 24 Currant Ex Baakt Date Trial hr Total for payment date dm payafcia tha yaar last yaar ABB 50c 12% (b) Dec 30 Jan 14 Jan 21 12% 10% Amtak Enj 20c 6%TE Dec 5 Dec 11 Dec 30 12%TE 12%TE Antah Hdp 50c 6%(b) Nov 21 Dec 5
      754 words
    • Article
      APPROVED ISSUES
      100 24 Company Rights Issue H Ncpri One-for-one 12 75 per share Ei-date Nov 12 Books dose Nov 22 Acceptance Payment NYA MM Franc* Tim-tor three fe MSO 90 per share Ex-date Nov 1 Books dose Nov 18 Acceptance Payment Dec 27 Company Bonus Issue MBf Franc* One-for three Ei-date:
      100 words
    • Article
      PROPOSED ISSUES
      559 24 Company Rights Issue Am Pac Laid Four-for-seven MJO 50 per stare Mmct Tack One-tor-one SI 00 per share Berjayi Gra*> Rights issue of JS9m nominal amount 101 Irredeemable Convertible Unsecured Loan Stocks (CULS) on the basis of one for four Ballon Issue of 190 978m normal amount of
      559 words
    • Article
      COMPANY MEETINGS
      75 24 Yeo Hap Sent Ltd: EGM at the Board Room, Yeo Hiap Seng Ltd, 950 Dunearn Road, Singapore 2158 on Tuesday, Nov 26, at 8.30 am. Lingui Developments Bhd: 23rd AGM at the Orchid Room, Mezzanine Floor, Meiia Kuala Lumpur, 16, Jalan Imbi, ***** Kuala Lumpur on Wednesday, Nov
      75 words
  • CHARTING SERVICE
    • Article, Illustration
      Trading with the help of indicators
      430 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
      430 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices finish lower as big investors shy away
      4878 25 Bernama SHARE PRICES in Kuala Lumpur ended easier yesterday as major investors retreated to the sidelines to await Wall Street's performance last night. Activity centred on both lower liners and quality issues. Prices had weakened in the morning on light selling and
      Bernama  -  4,878 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Market rises on news of changes to Constitution
      2350 26 Reuter THAI STOCKS closed higher yesterday on news of further amendments of the draft Constitution to lower power of the nonelected senators, brokers said. The market fluctuated at the opening on weekend news reports that the military-appointed National Legislative Assembly, which was
      Reuter; SOURCE: PONT DATA  -  2,350 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Market ends steady in quiet trade
      1066 26 Reuter JAKARTA stock prices were barely changed in very quiet trading yesterday though the index did manage to register a slight increase. It closed up 0.59 points at 240.58 but turnover was a low 3.1 million shares. Sucaco topped the gainers, jumping 1,400 rupiah
      Reuter  -  1,066 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      9 26 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF OUSINESS TRENDS S
      9 words
    • Advertisement
      Page 26 Advertisements Column 2
      674 26 (SB AMTEK ENGINEERING LTD W (Incorporated in Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meetu* of AMTEK ENGINEERING LTD will be held at the Members' Room, CN West Leisure Ptofc Pie Ud. 9 Japanese Garden Road. Swppone 2261 on Wednesday, 18th December
      674 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks continue slump as investors stay out
      2632 27 Reuter TOKYO STOCKS stretched their slump to a ninth day yesterday, and the Nikkei average closed below 23,000 for the first time since Sep 12. Brokers said most investors were sidelined in the absence of incentives, leaving light small-lot and futureslinked selling to
      Reuter  -  2,632 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market finishes easier in quiet trading
      2556 27 Reuter HONGKONG shares ended easier yesterday following falls on overseas markets last Friday but brokers said relatively thin turnover showed the market was still well supported. The blue-chip Hang Seng Index finished 22.33 points down at 4,220.74 while the broader-based Hongkong Index fell 14.27
      Reuter  -  2,556 words
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  • REGIONAL STOCK MARKETS
    • Economic fears send Aussie stocks lower
      • Article
        AUSTRALIA
        887 28 A SLUMP on global equity markets renewed economic pessimism among local investors, causing Australian share prices to close lower across the board yesterday. Bearish sentiment was highlighted in the derivative markets where option and futures traders reported investors hedging against further falls in the physical market. "It was very,
        887 words
      • Article
        TAIPEI
        464 28 TAIWAN SHARES finished slightly higher in quiet trade yesterday, and brokers predicted narrow price movements would continue in the near term. The weighted index gained 28.82 points to close at 4,534.62. Turnover was a moderate NTS 22 billion against NT526.98 billion. Brokers said the index fell slightly at mid-morning
        464 words
      • Article
        SEOUL
        856 28 SEOUL STOCKS slid for the fourth consecutive session in extremely thin trading yesterday in spite of slight buying of big manufacturing company shares, brokers said. "Without structural solutions to adverse economic conditions and a turnaround in falling customer deposits (in securities houses), the market is likely to remain bearish
        856 words
      • Article
        MANLA
        553 28 MANILA share prices closed lower yesterday as investors stayed on the sidelines over fears of lingering instability in the country ahead of crucial general elections in May 1992, brokers said. "All bets are off," said Roy Nicolas, president of stock analyst company Great Angle Corp. "It could be the
        553 words
      • Article
        NEW ZEALAND
        287 28 SHARES in forestry and fishing group Carter Holt Harvey continued to gain while the rest of the New Zealand market softened yesterday in response to Wall Street's 30-point fall. The NZSE-40 Capital Index finished 8.32 points lower at 1,507.71 on turnover worth about NZ$l9 million. CHH, which announced
        287 words
      • Article
        BOMBAY
        48 28 THE BOMBAY Stock Exchange was closed yesterday to enable brokers to complete pending paperwork for transactions settled, brokers said. Trading resumes today. Last Friday, the BSE Index fell 42.05 points, or 2.18 per cent, to 1,886.56 and the national index 11.48, or 1.26 per cent, to 905.62.
        48 words
      • Article
        Untitled
        433 28 Close Prtviots No* 25 AUSTRALIA All Ordinaries Index 1.617.6 1,645.7 -28.1 All Industrials Index 2.540.1 2.582.2 -42.1 All Resources Index 914.9 932.1 -17.2 Turnover (million) 130 150.68 -20.68 NEW ZEALAND NZSE-40 Capital 1.507.71 1,516.03 -8.32 MANILA Composite-Index 1,105.03 1,105.31 -0.28 Turnover (million) 1,300 2.000 -700 TAIPEI Weighted Price Index 4,534.62
        433 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback falls further against yen in late Asian trading
      1189 29 REPORTS tm Tokyo: The dollar fell further against the yen in late Asian trade yesterday on stop-loss selling and profit-taking on long mark/yen positions, Asian dealers said. The dollar selling was initially triggered by remarks by Bank of Japan governor Yasushi
      1,189 words
    • Article
      Lock icon Tough week for pound amid political tensions
      394 29 But Bank of England not expected to raise interest rates Reuter LONDON Sterling faces a stern test this week after slipping last Friday to its lowest level since joining Europe's exchange rate mechanism (ERM) last October. The pound closed the week in London
      Reuter  -  394 words
    • Article
      Lock icon Aussie bankers see another rate cut
      338 29 Reuter SYDNEY Westpac Banking Corp managing director Frank Conroy has said there could be another cut in Australian official interest rates after Christmas based on sustainable falls in inflation. "We believe there could be perhaps after Christmas, given some sustainable low inflation, perhaps a
      Reuter  -  338 words
    • Article
      FINANCIAL FUTURES
      1149 29 SIMEX EUWOOOLLAO Open High Low Sett Est Vol Op/lnt Vol Dec 91 95.02 95.05 95.02 95.04 1463 ***** 1749 Mar 92 95.19 95.21 95.19 95.21 3500 ***** 4580 95.20 Jun 92 94.97 94.98 94.96 94.97 1700 8921 1205 Sep 92 94.67 94.69 94.66 94.69 1000 4161 723 Dec
      1,149 words
    • Article
      INTERBANK FOREX RATES
      384 29 Cross rates Nov 25 USS SX MS Dm Yen SFr AS NZS USS 1.6610 2.7335 1.5840 129.30 0.5571 1.4090 1.2626 1.7590 SS 0.6020 1.6457 0.9536 77.8447 0.3354 0.8483 0.7602 1.0590 MS 0.3658 0.6100 0.5795 47.3020 0.2038 0.5155 0.4619 0.6435 Dm 0.6313 1.0486 1.7257 81.63 0.3517 0.8895 0.7971
      384 words
    • Article
      MONEY MARKET
      534 29 Interbank rates ss Bid Offer Overnight 3 5/16 1 -month 3 3/8 2-month 3 7/16 3-month 3 7/16 Overnight mode: 3-3/8 3 7/16 3 1/2 3 9/16 3 9/16 US$ Bid Offer 7 days 4 7/8 1 month 4 3/4 2 months 5 3 months 4 7/8 6
      534 words
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  • COMMODITIES
    • Article
      Lock icon African coffee growers all for export quotas
      391 30 Reuter NAIROBI Alarmed by the slide in world prices that has battered their economies, African cofTcc producers met in Arusha, northern Tanzania, yesterday to work out the fine details of their proposals to re-introduce export quotas for coffee. Coffee marketing officials said the
      Reuter  -  391 words
    • Article
      Lock icon Grain stocks dangerously low, traders say
      331 30 Reuter LONDON World grain stocks have fallen to their lowest level since the mid--1970s and a crop failure in a major producer country would seriously threaten supplies, a leading commodity trading house says. "The current tight grain stocks situation sets the stage for a
      Reuter  -  331 words
    • Article
      KL tin price up six sen following gains on LME
      824 30 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market ended six sen higher at MS 14.70 per kg on good buying demand yesterday. Dealers said the trend reflected gains on the London Metal Exchange which was up by US$6O
      824 words
  • Article
    PRICES
    1390 30 Rubber Nov 25 WS(llHiMl») S cents/kg Noon Close Int I RSS Prompt 134 50/I35.50N I33.50/I34.50N lnt I RSS Dec 91 134 00/134.50 133.00/133.50 Int I RSS Jan 92 135.00/135.50 134.00/134 50 lnt 2 RSS OP 130.75/132.75N I30.2VI32.25N Int 3 RSS OP 128.50/129. SON 128.00/129.00N lnt 4 RSS OP 125.75/127.75N
    1,390 words
  • Page 30 Advertisements
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      1101 30 BUSINESS TIMES TELEPHONE: 730-i771/i772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TESTRON LABORATORIES PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuance of Section 308 (1) of the Companies Act. Cap. SO that a final general meeting of
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      Page 30 Advertisements Column 2
      7 30 Innovation and Technology in BT on Tuesday
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1163 31 Crt* FBgt ETA FMglrt FTP M"** GA893 1225 GA892 0110 MatoMa SQ228 1910 QF82 2115 RJ183 0030 RJ 183 0100 Anstentam GA893 1225 GA892 0110 KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 Auckland N235 1530 SQ388 2045 NZ36 2305 BI421 1105 SQ182 0915 ■Hawaii SQ181
      1,163 words
    • Article, Illustration
      Red wine in Red Square
      505 31  -  POSTCARD FROM MOSCOW By Leslie Shepherd WHILE ordinary Muscovites spent a frosty weekend waiting in line to buy bread and vodka, the city's upper crust nibbled on canapes and was initiated into the Western rite known as the arrival of the Beaujolais Nouveau. More than
      505 words
    • Article
      MONEY CHANGER RATES
      150 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.310 I.32S Canadian dollar 1.448 1.463 NZ dollar 0.9450 0.9650 Sterling pound 2.970 2.985 US dollar 1.6560 1.6660 Local dollars to 100 units of foreign currency Austrian schilling 14.70 16.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 24-29 The International Birmingham. The Building ********** Nov 26-29 International Netherlands Koninklijke *****5591! Building Britain Trades Exhibition Security Nederlandse Construction Ltd Exhibition Jaarbeurs Exhibition Nov 27-29 International Stockholm. Stockholsmassan ********** Exhibition of Sweden Ab Nov 26-30
      84 words
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      Page 31 Advertisements Column 1
      26 31 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
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      Page 31 Advertisements Column 2
      68 31 NO HO ME Palestine no longer exists and its people have no homeland. Finding them a homeland lies at the root of many IliMlVflj Middle East problems. put a face to this lost tribe and the other people of the Middle East in the first of a series of (Jmmmßl
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  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      257 31 Say goodbye to \stH\ every Monday and Friday. With Finnair's new schedule. Call *****77 for details. ACROSS K H K M| 7 Plenty of scfldiers to strengthen support (9) 8 Get better exchanges in jj^fl 10 A cooked meal served in P° I I J I j 1 prison (8)
      257 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      167 31 Singapore Outlook: Occasional showers from late morning. Report: Maximum temperature 30.2 Assoc humidity 75% Minimum temperature 23.6 Assoc humidity 97% Hours of sunshine 4.85 Rainfall in mm 0.1 Rainfall this month 73.9 Rainy days this month 12 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 19/12 Sunny Bangkok 32/23 Sunny Beijing 08/-3
      167 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      28 31 r siR- ce»-wNi_y f HC. who PPNS THE. Pifteß You've wr sou* Honey... vs«- R'Gnrwjfty 5«...j vcpoj-s tvc tuNe r3567 r. Mjocwnp itwtftM ltd, mi-itti t) 1 J'
      28 words
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  • Article, Illustration
    Lock icon Soviet republics meet to initial new union treaty
    443 32 Absence of Ukraine and four others upsets efforts Reuter MOSCOW Representatives of seven of the 12 Soviet republics opened a meeting yesterday to initial a treaty turning the Soviet Union into a loose confederation of sovereign states. But the absence of the
    Reuter  -  443 words
  • Article
    Lock icon Israel lays down conditions for peace talks in Washington
    321 32 AP JERUSALEM Israel will accept the US invitation to continue peace talks in Washington, provided they are brief, stick to procedural issues and then move to the Middle East, Israeli newspapers said yesterday. Otherwise, the independent dailies Maariv and Yedioth Ahronoth
    AP  -  321 words
  • Article
    Lock icon Chinese PM to visit India for landmark talks
    295 32 AFP NEW DELHI Chinese Prime Minister Li Peng will pay a six-day visit here in December for landmark talks with his Indian counterpart, PV Narasimha Rao, signalling a further thaw in the often cool relations between the two neighbouring countries. A spokesman
    AFP  -  295 words
  • Article
    Lock icon Bankers hold crisis talks with Robert Maxwell's sons
    321 32 Reuter LONDON Bankers to the debt-laden empire left behind by media tycoon Robert Maxwell held crisis talks yesterday with his sons. At stake is the Maxwell family's control of two key assets it desperately wants to keep the publicly-listed Mirror Group Newspapers
    Reuter  -  321 words
  • Article, Illustration
    SAARC must get its act together... now
    740 32  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist TWO WEEKS AGO, Colombo was aglow with bright lights, looking like a young bride, replcndcnt in her finery. At night, the city looked festive, as if it was New Year's
    740 words
  • Article
    Lock icon KL to levy 13pc import duty on Proton parts
    159 32 AFP KUALA LUMPUR Malaysia will levy a 13 per cent import duty on components for the locally-produced Proton Saga car, previously exempted from taxes to give it a competitive edge, an official of the car's marketing company said yesterday. Edaran Otomobil
    AFP  -  159 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      147 32 Baume Mercier GENEVE 1830 Endless Servings Of Cantonese And Sichuan Specialities A selection of 38 delightful This is available for a mere specialities from Guangzhou and $18.50* (adult) and $12.50* (child) Sichuan have been created by our from 12 pm to 2.30 pm daily. masterchefs to please any palate. And
      147 words
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      Page 32 Advertisements Column 2
      186 32 (I) Baume Mercier GENEVE 1830 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic Cheque-writing I More and more offices today are to MAX electronic checkwriter for chequewriting efficiency. A M it's fast, error-free, safe, dean and J| eaay-to-uae No printed ribbon. No selector level to >»I<f
      186 words
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  • Shipping Times
    • Article
      S'pore to be regional cruise hub in a decade: STPB
      424 33  -  Major cruise convention begins today By Rahita Elias SINGAPORE Singapore will emerge as the cruise hub of the Asean and Asia-Pacific region in a decade, predicted Mr Lee Loong Koon, the Singapore Tourist Promotion Board's (STPB) director of events. At
      424 words
    • Article, Illustration
      NYK to start cruises here next year
      291 33 SINGAPORE Japanese shipping giant Nippon Yusen Kaisha's cruise arm will make its debut in Singapore next year. NYK Cruises is getting ready to launch its newest luxury liner the Asuka into the South-east Asian market. The Asuka, which was completed last month at
      291 words
    • Article
      Slower world economic growth takes toll on profits
      345 33  -  By Selva Kumar SINGAPORE Japanese shipping giant Nippon Yusen Kaisha (NYK) reported almost flat earnings for the first six months of the current financial year and is not very optimistic about the second half of the year. Although its total revenue increased
      345 words
    • Article
      INDEX TO ADVERTISERS
      906 33 P»ge Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL S I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 S The Bank
      906 words
    • Article
      Lock icon US$500m expansion for Tanjung Priok terminal
      392 33  -  From Jimmy Yeow MBT in KUALA LUMPUR INDONESIA'S premier container port, Tanjung Priok container terminal, is to undergo a US$5OO million (SSB3O million) expansion next year which will boost its throughput to 1.4 million TEUs (20-foot equivalent units) a year by mid-*****. A consortium
      MBT  -  392 words
    • Article
      Lock icon Malaysia finalising purchase of maritime aircraft
      217 33 AFP KUALA LUMPUR Malaysia is in the final stage of negotiating the purchase of four maritime patrol aircraft from the US company, Beechcraft, defence ministry officials said yesterday. They said that the final price tag for the aircraft would depend on ongoing discussions with
      AFP  -  217 words
    • NEWS SUMMARY
      • Article
        Total commitment
        27 33 RAHITA Elias reports on the steps Neptune Orient Lines is taking to improve its infrastructure to cater to the needs of its customers Page 2
        27 words
      • Article
        Europe's airlines face bumpy 1992
        30 33 DESPITE a recent smattering of surprisingly strong profit reports, Europe's airlines will continue to face turbulent times next year, analysts said on Friday Pa®e 18
        30 words
      • Article
        Transport Bill turns into private debate
        39 33 FOR the last two weeks, Mr Peter Peyser Jr, a lobbyist who specialises in transportation, has been making the rounds on Capitol Hill with an intensely personal pitch for car safety. Pate 18
        39 words
      • Article
        Arab shipping firm to return to Kuwait
        37 33 A JOINT Arab shipping venture, forced out of Kuwait by the Iraqi invasion in 1990, will return to the emirate in 1992 after foreseeing record profits this year Page 18
        37 words
      • Article
        Is there value in value-added?
        37 33 JAPANESE shipping lines are now offering every kind of transportation facility and are pinning their futures on the success of the change. But do customers really want these value-added extras? Back Page
        37 words
    • LOG BOOK
      • Article
        India to produce civilian aircraft
        131 34 NEW DELHI India has sought technical collaboration from British Aerospacc and Koninklijkc Nedcrlandsc Vliegtuigcnfabrick Eokkcr to manufacture 120-scat civilian aircraft. the United News of India (UNI) said. It said that Mr R N Sharma, chairman of the state-owned Hindustan Aeronautics Limited (HAL), said India's burgeoning
        131 words
      • Article
        Nepal in bid to boost tourism
        140 34 KATMANDU The Ncpalcse government has recruited three private air companies to supplement the services of the national Royal Nepal Airlines Corp (RNAC), Tourism Secretary Mohan Raj Sharma said on Sunday. "We have decided t)» permit the private air companies to operate their respective services
        140 words
      • Article
        World's longest tunnel
        67 34 TOKYO Construction on the world's longest land tunnel is to start this week in northern Japan, a railway company announced yesterday. Japan Railway Construction Public Corp held a ceremony in Iwate Prefecture yesterday to pray for the safe construction of the 25.8-km tunnel for the Shinkanscn bullet
        67 words
      • Article
        Viasa pilots strike for pay hike
        100 34 CARACAS All 286 pilots with Venezuela's airline Viasa, bought in September by the Spanish carrier Iberia, went on strike on Sunday to demand a salary hike of more than 200 per cent, the pilots' union said. Viasa officials said the strike would cost the
        100 words
      • Article
        Storms sweep through Italy
        79 34 ROME Storms swirled through Italy on Sunday, causing flooding in Vcnicc and sinking ships in the Mediterranean. Torrential rain was responsible for some 80 road accidents on Saturday night, when high water flooded Saint Mark's Square in Vcnicc and gale-force winds paralysed shipping out of Trieste,
        79 words
    • Article, Illustration
      Total commitment
      1213 34  -  Total transportation is the recipe for success in international shipping. Rahita Elias reports on the steps Neptune Orient Lines is taking to improve its infrastructure to cater to the needs of its customers Rahita Elias TOTAL transportation has emerged as THE buzzword among international shipping lines. Since the
      1,213 words
    • Article
      DAILY FREIGHTS
      751 34 DRY CARGO freight rates on Thursday eased further despite Tuesday's announcement of a US$l.25 billion food credit for the Soviets. The long awaited credit was less than expected and had already been discounted, brokers said, adding there had been a big build-up of vessels in the Atlantic. The
      751 words
    • Article
      THE SHIPPING GUIDE
      10619 42 This is a list of ships loading Dec at Singapore for ports around the world. It tabulates, by R r £h destination, the name of the Uni ship, the shipping line in- j^ 1 volved and the estimated BaW dates of arrival and departure Han from the
      10,619 words
    • Article
      SHIPPING AGENTS
      3270 47 .AlbC Containerize NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Gnnpc Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Baalneii Corporatioß Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkid Liner Service: Kim Shpg Sl Trdg(S). Albatroa Sea-Air Service: Frata Shpg Pte Ltd
      3,270 words
    • Article
      COURIER SERVICES
      251 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Alrswifk Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak lateraatioual Tel: 344-3377. Fax: *****50. Cluster Liak Supplies A Services
      251 words
    • Article
      AIR FORWARDERS
      1468 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Shwapore Td: *****20. Aerotink Freight InternatioHd Td: 545-803lFax: *****05. Td:°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Ak Express International Td: 542-7666. Fax: ******74, *****50. Air Market Express Td: 542-5966. Fax:
      1,468 words
    • Article
      PORT CONDITIONS
      2994 48 ARGENTINA Labour working normally this week. Baeaoa Aim: Port busy throughout the week; no congestion but some waiting time for container vessels as there is only one berth with gantry crane available. Sao Loreaao: Four vessels in port of which 3 loading peitetised meal, 1 grain, 3 vessels
      2,994 words
    • Article
      AIR FREIGHT SCHEDULE
      555 48 ARRIVALS i DEPARTURES Op Flight Type ETA T Froa I Op night Type ETD T T* TOOAY TOOAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 I
      555 words
    • Article
      SHIP SALES & TANKER RATES
      998 48 SHIP SALES TANKER RATES VESSELS ON Om Nk Cantors AaoHaafc 72,073 dwt and built Sept 1975 Ishikawajima, on offer for US$ll,OOO,OOO. SadMcoa: 66,289 dwt and built 1974 Hakodate, on offer in region of U559,500,000. Owners are definite jpdlers. -Aafoa Miaos; 63,018 dwt and built Nov 1975 B+W, on offer in
      998 words
    • Article
      CRUISE & FERRY SCHEDULES
      526 48 CRUISE FERRY SCHEDULES CRUISE SHIPS AfT Pep Nanse ti Veasd ETA ETP PWirfC* tmt A—i NOV 26 27 Andaman Princes 2300 2000 Hkt-Pw-Sin- Lino Intl Holding MakcMM 27 27 Con Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 28 30 Song of Rower 0800 1800 Cruise-To-Nowhere Neptune Agencies 29 29 Andaman Princess
      526 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        495 49 N> Bwth Anwai Departore i V«««< Voy No 8*th Arnvi Departire Marin Terminal 1 Jurong Port Batam Map *****1 M03 26.11/0500 Baltimar Sun 18 alongside 2611/0600 Batam Sayang *****1 M04 alongside 2611/0500 k*** 31 along** 2611/1500 Batamindo 1 125S M01 2511/1/00 Dwi Daya 22/91 )1 alongside 2611/2300
        495 words
      • Article
        IN MALAYSIAN PORTS
        216 49 Iww fwt Berth; 1: Gina t 2: Yu Ying. Bunga Mas; 3; Pernas Proton; 4; Bangkok Navee; 5; ml; 6: Bunga Butang. 01 jetty: Asrf No 2. DCi: Gaz Pacific. Out on Nov 25: Sri Nam Hua No 2. Kisogawa. Shuru Emmy, APJ Sushma. Barge Josmdo Satu,
        216 words
      • Article
        CONTAINER SCHEDULE
        818 49 RECEIVING OF EXPORT FCt CONTAINERS AND LCL CARGO Record Booking/Babnct RsJts SMp Voy No Etb/Btr Period From To From Ace Concord 24W 25/2100 2 24/1700 25/0659 25/0900 ACX Rose 21A 27/0500 2 24/1700 25/0659 25/0900 4 25/1200 25/1459 25/1700 ACX Violet IB 26/0800 2 24/1700 25/0659 25/0900 3
        818 words
    • Article, Illustration
      Lock icon Despite recent profits, Europe's airlines face bumpy 1992
      532 50 Reuter PARIS Despite a recent smattering of surprisingly strong profit reports, Europe's airlines will continue to face turbulent times next year, analysts said on Friday. The industry, which suffered one of its worst ever years in 1991 due to the Gulf War,
      Reuter  -  532 words
    • Article
      Lock icon Americans unhappy with deregulation: poll
      355 50 Reuter WASHINGTON Many Americans are unhappy with the outcome of airline deregulation and leery of too much foreign investment in the nation's ailing carriers, an AFL-CIO poll said on Friday. The survey, commissioned by the country's largest labour union the American Federation of La-bour-Congress of
      Reuter  -  355 words
    • Article
      Lock icon Arab shipping firm to return to Kuwait next year
      280 50 AFP ABU DHABI A joint Arab shipping venture, forced out of Kuwait by the Iraqi invasion in 1990, will return to the emirate in 1992 after foreseeing record profits this year. "The company's board of directors has decided to move back
      AFP  -  280 words
    • Article
      Lock icon Federal transportation Bill turns into a private debate on safety
      614 50 NYT WASHINGTON For the last two weeks, Mr Peter Peyser J r, a lobbyist who specialises in transportation, has been making the rounds on Capitol Hill with an intensely personal pitch for car safety. House and Senate conferees debating a
      NYT  -  614 words
    • Article, Illustration
      Lock icon Is there value in value-added?
      1836 51  -  Japanese shipping lines are now offering every kind of transportation facility and are pinning their futures on the success of the change. But do customers really want these value-added extras? John Crichton reports John Crichton Containerisation International IN THE hotel business, they call it "amenities
      Containerisation International  -  1,836 words
    • Article
      Lock icon Pollution law to come into effect next year
      670 51 The International Maritime Organisation explains Annex 111 of the MARPOL Convention IMO News Regulations designed to prevent pollution of the sea by harmful substances carried in packaged form, including freight containers, portable tanks or road and rail tank wagons, will become international
      IMO News  -  670 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      22 33 /^nfey oUhh ud mvkn NfftutM Mentors «f Km Baghtij «f ActiwMti KiWiil m-*« <TmX& For advertising enquiries, contact Shipping Timet, lei 740-2089/740-2090
      22 words
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      Page 33 Advertisements Column 2
      175 33 Necßoyd EUROPE SERVICE eommandng January 1992 CALL: 221 8989 Nedlloyd Lines Your cargo needs firstAoo 11 m o ciass shi P ment to and fr m MOOUI I 10 Europe all the way. So you mustn't worry about losing this PLUS, or, if you prefer the Dutch Touch. I As
      175 words
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      Page 33 Advertisements Column 3
      51 33 h Forward*? 15 4fc Fn#t Sdwfcfc U Contan* Schick* 17 Courcr Sconces 15 Cnm I Firry ScM*s IS MyFn#ts 2 Ma to Mwrtnrs 1 Port Contibom 11 9W A|Wts 15 Shpim Gwte 10.11 Stapates/Tafar Rites 16 Shps n Port 17 Sapporo Tries 17 Transport Dory 3 Weather and Sea Condtans
      51 words
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      Page 34 Advertisements Column 1
      142 34 '■3sJ :*'-J-- v .'v :-\*>•iv'T^-^^l -:i«?»amw p :S"r- k Eg',; f <:1 S--■■■•'■ :>. Eft3. 1 -<% V .V V V > V >■'.$ >-\-!*.*•s*, c 1 o V*\-<^ J 4 ;r > j I•• *-,< > I'ZK <r* 4 ~V>l I. y <- >•>* *s j ~J v-i >4
      142 words
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      2410 35 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX *****09 Www WW BOOKINGS TEL: *****34 *****58 WIHTf W TERMINAUCFS TEL: *****18-220 (TBQQflflr] PESAKA JARDINE SHIPPING AGENCIES SON. BHD IAAAT A POHf KbLANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 MMMB Dedicated to Quality
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      2008 35 TRANSPORT DIARY No* 26-28: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. PSA and STPB at Westin Stamford Westin Pla/a, Singapore. Dec 3-5: Man-Chem 91 Conference in Cologne. Germany. Organised by Petamgas Maritime Services. For further enquiries td: 223-6118, 223-9108 or fa*: 223-9929, 223-9387. Dec 3-7: Marintec China 91, organised by
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      Page 35 Advertisements Column 3
      1548 35 WEEKLY SAILINGS TO MIDDLE EAST TREIN MAERSK V.9T19 ETA SIN 28/11/91 vessel Voy ETA I ETD Feeder by DESTINATIONS World Lynx/ Johanna to xxxr*™ MBBHBppp CfS 2/12 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MA REN MAERSK 9202) 3/12 4/12 30/11
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      979 36 Irottedam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KASUGA I 18/147 28/11 21/12 17/12 18/12 WWHI DRESDEN EXPRESS 02/347 1/12 18/12 20/12 23/12 KAMAKURA 20/148 5/12 28/12 28/12 23/12 Ml MONTE ROSA 18/348 7/12 30/12 28/12 28/12 ELBE 08/149 12/12 4/1 2/1 30/12 UUKfIraUK/CONTlinrr LEVERKUSEN EXPRESS 04/349 15/12
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      749 36 BEASPAC SERVICE DWECT SOUTH PACfIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 27/11 12/12 15/12 21/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA 4 NUKUAIOAFA DIRECT CHB.E/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX IMPERIAL 2901E8 27/11 3/1 5/1 11/1 12/1 ALSO ACCEPTING CARGO TO ARtCA.
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      1605 36 BSlvmumwa &Mwm. IMB REGULAR MOEPENOENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOV SM ALG BCL HAM BRE ROT ANT FEL UN (MA (MA (VIA ALG) HAM) ROT) JAPAN SEA 137W 26/11 16/12 17/12 20/12 22/12 21/12 23/12 22/12 23/12 CHMA SEA 138W 01/12 22/12 24/12 27/12 29/12 28/12 30/12 29/12
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      1854 37 sSSteamers Maritime Holdings Ltd P&O I PrWSTRA |T S SHIPPING I Containers gj?asrja t w UK mao» 9114 a/n m/ii m/u 27/11 11/11 »/u 11/11 it/11 accepts due sals TMU MY 0579 19/11 14/11 41/11 11/11 n/U IJ/11 CARGO 10MX MACMK '114 30/U 41/11 01/11 44/11 14/11 11/111J/1115/11 STtAITS VENTURE
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      2141 37 TO; U-B.AJPANAMA fM: U.BJL/PANAMA mrn wi v on ia m w m a mc mmi/wi «c w w a i» om CMOTM6 ***** tT»I JO/11 24 1? 75/17 3/1 1/1 10/1 U/l MMN XMTOi Ml4O 10/10 11/10 11/10 10/10 27/10 It/10 27/11 0» XMTOI EF2OZ 7/12 11/11 1/1 10/1 14/1
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      341 37 STRAITS/ JAPAN/STRAITS SERVICE LOADING FOR TAKAMATSU/ HIMEJI/TOKYO SEKI AKEISHI V6B ETA SPORE 1/12 ETA PK 4/12 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK STORE PK Fl DM CT GLOOM. JUHOKt VIM M M M SW k H 5/12 ML fill* 23/12 1/1 VI lt/1 22/1 M/l •am c* a.
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      528 38 Sana CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLWY SCORE ROAM/ADAM H BURG Bit MEN ANTWJtf SMWUATA/33N8 13/12 13/1 17/1 22/1 25/1 KUTM/24N8 4/1 J/2 11/2 15/2 20/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERIBED CARGO Subjtd to Inducunint Atop tccsptlnQ ciroo lo CiiiMwici. Port SaM, Port Alexandria, Genoa, Trloato. AISO
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      1341 38 ©HANJIN SHIPPING ~ST UNEHAUI U NTC HARM LE HAVRE 015E 2/12 OSECT 22/12 26/12 FBMBUAAO MY 106N 2/12 H. KOK OME 9/1 10/1 12/1 HMM ELIZABETH 00S 9/12 OOKCT 29/12 30/12 HARM CKAI 076E 9/12 M PLEASURE 023E 16/1 17/1 19/1 HARM VANCOUVER 007E 16/12 OHECT 6/1 9/1 HARM KNARCYAN6
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      1269 38 d-1 rl vvwauwinoiniiffliuiiHiiiißuiiMMiiiriKniaiii I CROWTH K-OM 27/11 21/11 1/U 4/U t/12 1/12 10/12 12/12 11/12 14/12 14/12 27/12 1/1 10/1 12/1 21/1 22/1 21/1 M/l 21/1 V 2 IV2 11/2 W1 I I GRAND AI-OM «/tt i/12 11/12 11/12 U/U K/U 17/12 U/12 21/12 21/12 21/12 VI IS/1 17/1 11/
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      1813 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TR: *****77 ICR NO: **********0E) BOOKINGS: NEPTUNEUNKTEL *****00 UK/EUROPE SERVICE *****19 USA SERVICE- *****16 AUST/INDIA/PAK SERVICE *****19 FAR EAST SERVICE :27 ***** mm mmg TERMINAL OFFICE DOCUMENTATION DEFT *****44/*****14 CFS: MB2 IMPORT CFS: MB2 EXPORT *****63/*****04 sVv NEPLME SDN BHD MALAYSIA ICLHO3) *****33, P. K»lanjHQ3)
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      914 39 m sinsov JSWMHM& mum MB L-gi"jggg-(REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES leASTBOUWD aSChAXGXG WKTOOUP—IQMM6 TMWSWftP W KOTTCTDMi Wt —15 Imw "WW |«W |m |»t am la |«i»i Imw mxvsm. Iwt Itra. f as iST TiTTT TTTTTTiTTr wbi *>n nmmn n m\j n mtmm ia/ii mTTT kTH ~amT a/u 22/12 *22/12
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      1579 40 KX JT* M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) MjK W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 r%| H MALAYSIA: "K* UNE MARITIME (MALAYSIA) SON BHD I JL JLf JL Mm* TEL: 5A*****00 PK*****01/5 PENANG632O2O J*****01 ■■■■I KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAITTINTERNUSA
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      841 40 f s. tfQ PHILI-OM€NT UN€S PT€ LTD v-.>v 108 Robinson Road #07*00 GMG Building Singapore 0106 T *****22/*****69/*****00 Tatox: RS ***** PHILI FAX: *****78/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU qrff MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 NOV DUBAI, DAMMAN. SHARJAH, DOHA. 2
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      428 40 GOLDEN LINE A \y£>v guan guan shipping f&SXV (PTE) LTD a, Totofc Avar Stroot SINGAPORE 01N TEL: 5343 M (II LINES) Fu: OOSM <CR No umssaMMr) ITKAITI/WMIAII flB IKB TICK S port P Umi Nm| tan Htm a**** Kjr«*/o*>B 1/11 ok GOUm HMWST CoKmiM Uracta D*t» 22/24 Roc cmiAinwa a
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      1099 41 ag&tPff PACIFIC INTERNATIONAL LINES (PTE) LTD m mMI PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR MAS 2SN >7/11 29/11 4/12 KOTA BINTANG »1M 27/11 30/11 4/12 BUNQA TERATAJ 453 1/12 3/12 0/12 PEQABUS
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      1180 41 benTjne containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsia' 428 ln_Pt 12/12 13/12 15/12 16/12 CGM Pans f 426 28/11 20/12
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      483 41 M MYANMA «Bk FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) Spore P.KIf fan P.Gdf MPA AN VITOW H/IDm PWVA Vim 3/5 0* PAGAN VI7SW JO/2 D* PATHEM 2/3 Dac >S5 THE BANK LINE I (A aorvic* of Andrew Wok Shipping) \\T SEMI-CONTAINER SERVICE \1 HEAVY LIFT
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      732 43 mprmn t i mm iiimitttm r ScanDutchO I TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEDER VESSEL PKLANO PgHANO OCEAN VESQgL SIN LI HAVWE(I) WOAMW yMAMTTOWQ) WBUWO<«) Q-SMWO (S)~ B. S«ma/W. Rm 19/11 17/11 14/11 18/11 «la»a/42t m H 12/12 13/12 IS/12 11/12 8 Saraja/W Hun 19/11 17/11 14/11 It/11 CGM Fari»/42t
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      662 43 Nedlloyd NED LLOYD MEDITERRANEAN V Nedlloyd Lines SERVICE OFFERS YOU 18 DAYS TO ISTANRUL 1 NEW ZEALAND/FIJI I VESSEL Jkt P.Kg fan *Bkk Sin S'bayj Auckland Fiji(A) NPtymoutii(A) Tnum Lytt«Kon(B) Dmdn(B) h|W WMbtgten(C) Tawanga N Rotterdan/9128S 23/11 26/11 20/11 25/11 27/11 30/11 13/12 20/12 14/12 16/12 17/12 17/12 18/12 19/12
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      807 44 TO AUSTRALIA/NEW ZEALAND |Fr«« |H*ft |S,d Auch fwt |p CMMM mm humg nT 2/12 »/i? u/12 TiTTT 1371T k/u MUS3EI 2U 29/12 2S/12 1/1 »/l IS/1 li/1 C VCROIME 2M /7l 14/1 H/l 23/1 »7T TTTI AUTWftftN n7l i/2 11/2 15/2 tV? 2375 TO USA/CANADA I |GuN NrtlcturlnlOT |n«Mta«*u |h«Mm
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      839 44 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND VOY PKI PtN BIT SRI MM HKG KAO KEt TYO SM2 NOP KOB II VESStI VOY |SM |PKI PCN MW SM TSK CHORUS 2«a 26.11 29 11 312 512 IB 12 1112 1212 ACI IAOI 6QA 27
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      224 44 SEAWARD SHIPPING AND TRADING GO (S) PTC LTD ETA ETA n* vox ran nunc penmk BUE MOE 1/12 Loading »of Male KUVAI HUDHU 2/12 Loading (or Calcutta DOimK g/12 loading for Male now* arm 5/12 loading For Male OONAKULW IN PORT loaded for Fefcwaru «OGKSJ inn 27/11 Saded Sated Loading
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      1691 44 /tea 1 13? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE wuvm-3 agents SINGAPORE'S GENERAL AGENTS: mommt menti CHUNG CHIAO SMPPMG SON BHD COSTAR SHPPING PTE LTD P T. GLOBAL PUTRA H. TEL: *****11/17 FIU: *****92. ***** m MVUTtIA UABITUF f. HUM TEL 3USIM/S IU MO ***** *****4 POMNC -IE
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      625 45 (fe FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 TSr HOT LINE *****33 (24 LINES LIMASSOL/PIREAUS 2/12 ROTTERDAM 2/12 HAIFA/ASHOOO/ALEXANDRIA 2/12 HAMBURG/BREMEN 2/12 MARSEILLE/FRANCE 2/12 FELIXSTOWE/UK 2/12 BARCELONA/SPAIN 2/12 LEHAVRE/ANTWERP 2/12 GENOA/ITALY 2/12 GOTHENBURG/SCANDINAVIA 2/12 LOS ANGELES/WC/PI 2/12 SYDNEY/MELBOURNE 30/TI NEW YORK/EC 2/12 FREMANTLE 30/11 VANCOUVER 2/12
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      969 45 rmSMnraciES |S| PTE LTD A TEL: *****33 (12 Llnss) rn FAX: *****15/*****03 PJj TELEX: R3 ***** RISHIP (3 Lines) irgTA ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivor eta I loading roR SPORE ANDIN6T 25W8 21/12 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WOHZ 31WB
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      804 45 JAKARTA BANGKOK wi m so fobon |w mmmm mmm KIT! BHUM MS 27/11 30/11 HAW BHUM* UN TM I 2C/11 Frf 29/11 Li*? */>] J 1? MRU BHUM MM Tm 2C/U Sat 30/11 ,TI till UH NANTA BHUM (M Thi 20/11 Sm 1/12 AKA BHUM 120S 7/12 10/12 !XLi£ MAHA
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      1176 46 S'PORE M P0RT:******02 I PENANQ: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 ~...211,. PEN SIN tt/11 27/11 tt/11 I (fci/Fli/Rdm/Ant Cotomb 29/11 30/11 1/12 2/1 Ldn/Fix/Rdm/Ant Durban/Pt Louis 1/12 2/12 3/12 3/12 4/12 5/12
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      388 46 BLUE STAR LINE TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM m ML LTT SIN PfttMER 15S ki Port 9/U NPI U/U »/ll MUIBERA 24S 11/12 23/12 VM NPI 25/12 11/1 MAHSUKI 0510 26/12 C/l VM NPt S/l 25/1 FULLY CONTAINERISED SAILINGS
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      903 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 010S TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO COMVEWnOWAL/COWTAIMBt I COMTAIW€H BERVICM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA rasa Iwt leta Ikst rasa. fir M f vim
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      250 46 Egp NVOCC SHPPMG MADE EASY NITH FRATA CONTAINER LINES CONSOLIDATES LCL CARGO TO: PORT LOUIS DURBAN Eta Sin: 03.12.91 Eta Sin: 30.11.91 SHORT TRANSIT Mft I GUARANTEED REGULAR CONSOL I GOOD CO-LOADING RATES TOO! moving a MARVELLOUS VOLUME FIND OUT MORE ABOUT US FROM OUR DYNAMIC SALES TEAM: M —H»
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      110 49 Scalpel...scissors.„sutures.~ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. y^^^^^^^ tamaximisentansoa Essential information accessible every business day your money. through Business Times. In the same way a surgeon needs his tools to mwOT fiTwl operate, he needs Business Times to help
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  • Page 49 Miscellaneous
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      311 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW NN «N I2n UN OMIOSM KOI «7N MN «m 1M UMI2M UN 14N1SM1CH17MIM UN Ml all 22M Z3N JR 26 2.4 20 25 24 20 16 1.3 12 1.3 1.7 22 2.8 33 13 31 2.6 2.0 14 09 06 04
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      847 50 HYUNDAI MAWNE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACWC NORTH-WEST IB M HI |an UNIHAU. WW MO HH OAK «A 11 MCA. WT MM TCM/SU HI MAR Ml 201 M 37 19/11 21/11 a/11 N. COMMANDO 301 N/12 a/12 a/12 a/12 TOW* 5K 3/12 a/12 22/12 MM CHUN
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      Page 50 Advertisements Column 2
      140 50 [gig PT. CELEBES LINES Weekly FCL LCL Shipping Services General Agents: Common Freight Carriers pte ltd. 7 KPfU ROW #01 2t TMUONG MSM COMPIO V 9NGAPORE 0201 m. *****55 IREX: RS ***** FAX: *****92. 2254M9 Nrtmt CM CT HmHIIIW TWICE WEEKLY SAILINGS PASP GUDANG/SWGAPORE VESSEL JOSINOO SATU SOUTH BOUND NORTH
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      Page 50 Advertisements Column 3
      602 50 f WEEKLY SAILING j MEDITERRANEAN GENOA BARCELONA MARSEILLE |5m freight management group SIN JKT PKL PEN BKK MNL JOH BSB tet *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 v y OUR USA IrMtatn Ina |MiW 1% at lui|w |m |h
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      90 51 CHARTPOINT Every Saturday in Business Times FOR BITS AND BYTEJ^ Geared to keep the busy business executive abreast of «5w technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its
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      6 51 CHARTPOINT Every Saturday in Business Times
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      150 52 100 years back, a ship departed every 7days. ;ti??'• U V f& -it£-^.>.asr®&M -9l M B B ppto«i4*i *«fißijßl r r J --rag" nrtfiiShrtfcfiWKlaM ~r4flß^MrHrtr v-frS®" --•v.*-% r Hs iiflßTi L Today, a ship departs every 7 minutes. A hundred years back, we were a small trading the global maritime
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