The Business Times, 28 November 1991

Microfilm: NL17724
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MCI (P) 16/12/90 Thursday, November 28, 1991 75*
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  • NEWS SUMMARY
    • Article
      Shevardnadze says another Soviet coup possible
      63 1 TOKYO Soviet Foreign Minister Eduard Shevardnadze has warned about the possibility of a new coup in the Soviet Union in an interview with the Japanese agency Kyodo released here yesterday. "Many reactionary forces intent on reviving a totalitarian regime have survived the failed coup
      63 words
    • Article
      Mitsubishi slashes profit forecast
      36 1 TOKYO Mitsubishi Corp and Marubeni Corp posted lower group profits for the first half of the financial year ending March 31, 1992, and slashed their group profit forecasts for the full year.
      36 words
    • Article
      HDB sites for tender
      40 1 FOUR Housing and Development Board land parcels two commercial sites in Bukit Panjang, one commercial site in Bukit Batok, and one residential site in Tiong Bharu are expected to be up for tender tomorrow Page 2
      40 words
    • Article
      Surabaya boom
      44 1 A PROPERTY BOOM in Surabaya, East Java, has resulted in more than 40,00 sq m of modern office space being completed, with four new shopping malls, housing estates for the middle class and the first condominium apartment block for expatriates. Page 3
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    • Article
      Waterfront offer
      31 1 BUYERS of businessman Lim Tjoen Kong's (TK Lim) Waterfront City project in Batam will be given 10-year "right to use" land titles renewable for another 10 years Page 4
      31 words
    • Article
      Viet lubricant venture
      32 1 FIVE Vietnamese chemists and chemical engineers are working on a United Nationsfunded project at Castrol Singapore Pte Ltd to formulate an industrial lubricant for the Vietnamese market. Page 9
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    • Article
      Bleak Christmas
      27 1 US RETAILERS will face a bleak Christmas season with a survey showing consumer confidence at its lowest level in more than a decade. Page 11
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    • Article
      Reluctant buyers
      13 1 SOME Japanese are becoming reluctant to buy international property Page 12
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    • Article
      Hub perks
      31 1 THE Port of Singapore Authority (PSA) is willing to discuss special rates and arrangements for cruise operators who sign up early to hub in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      22 1 PRICES on Wall Street opened 2.23 points lower yesterday to stand at 2,913.91 in the first five minutes of trading.
      22 words
    • Article
      Footsie lower
      52 1 LONDON share prices slipped back at midday yesterday as the pound showed signs of weakening again amid growing, worries that the summit of European leaders next month would fail to reach agreement on political and economic union. Al noon GMT, the FTSE 100 Index stood at 2,450.5, down
      52 words
    • Article
      Boost for QAF
      28 1 IMPROVEMENT from food manufacturing, retailing and trading has helped QAF Ltd to achieve an after-tax profit of $1.97 million for the first half. Page 6
      28 words
    • Article
      Changing faces
      40 1 BILLY Lee Beng Cheng will take over from Lai Park On as managing director of Sembawang Maritime on Jan 1. Over at Sembawang Aviation, Khor Peng Soon will replace managing director Peter Ngo from Sep 14 Page 6
      40 words
    • Article
      NCD issue launched
      33 1 THE Singapore branch of Citibank NA launched a $100 million negotiable certificate of deposit yesterday, the first issue in several years for NCDs denominated in the local dollar Page 8
      33 words
    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 706.05 +1.99 Kuala Lumpur ....536.18 -0.89 Tokyo 22,973.28 -138.81 Hongkong 4,179.30 -22.80 Sydney 1,618.5. -1.7 Tuesday Change New York 2,916.14 +14.08 London 2,471.58 +15.3
      29 words
    • Article
      CURRENCIES
      24 1 Exchange rates us$ SS 1.6600 100 Yen SS 1.2848 MS SS 0.6050 Money market rates Overnight 3 1/8 -3/16 3-month 3 7/16% +1/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$366.50 -US$0.50 Rubber S'pore Dec I31.75«/kg -0.25 M'sia Dec 2l9.50«/kg -0.50 KL Tin Turnover 35 tonnes -30 Spot MSl4.67/kg unch Crude palm oil Turnover 1,184 lols -22 Feb M$886/tonne -7
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  • Article, Illustration
    Indonesia to ease tight money policies next year
    531 1  -  Efforts to fight inflation, excessive monetary demand paying off By SN Vasuki SINGAPORE Indonesia will gradually ease its tight money policies towards the beginning of the next fiscal year because the government's efforts to combat inflation and excessive monetary demand have yielded
    531 words
  • Article
    Wharf group to buy Houston hotel
    457 1  -  Inn on the Park said to belong to Ong Beng Seng's family By Lee Han Shih SINGAPORE The late Y K Pao's Wharf group has agreed to buy a hotel in Houston, believed to belong to Singapore businessman Ong Beng Seng's family interest, for
    457 words
  • Article, Illustration
    US proposes duties on China imports as trade talks fail
    681 1  -  From Catherine Ong in HONGKONG THE US yesterday announced proposed duties on a list of imports from China valued at US$l.5 billion (552.49 billion) as trade talks between the two countries collapsed on Tuesday. The decision to publish retaliatory tariffs
    681 words
  • Article, Illustration
    IBM to lay off 20,000; S'pore not affected
    423 1  -  By Claire Leow SINGAPORE International Business Machines has announced in New York that it will cut another 20,000 jobs and take a US$3 billion (554.98 billion)charge in the fourth quarter, as it reshapes its business. The retrenchments will entail 6 per cent
    423 words
  • Article
    Lock icon US new jobless claims fall by 80,000
    106 1 AFP WASHINGTON New claims for unemployment benefits fell by 80,000 during the week ending November 16, the Labor Department said yesterday. The number of Americans claiming relief for the first time stood at 413,000 at the end of the week, down from 491,000
    AFP  -  106 words
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      145 1 Burberrysl "v< lA i Reigns when 1 pours M Marketing 15 Money Changer Rates 31 World Stock Markets 28 Aircraft Schedule 31 Money Market 29 Commodities 30 Regional News 9 Company News 6.7 Regional Stock Markets 27 For market indices, editorial. Cryptic Crossword 31 S£S 20-22 advertising and circulation exEditorial
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      Page 1 Advertisements Column 2
      133 1 J Ballas chief stresses value of govt-linked firms, Pg 6 Y E A R E N D At Le Mercier's, you can now enjoy attractive savings on the finest imported furniture, lighting and decorative accessories, during our Year End Sale from 16 November 1991. Youll find great savings on: Finest
      133 words
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      Page 1 Advertisements Column 3
      25 1 BALLY I SHOES FASHION ACCESSORIES IBM to split into federation of smaller firms, Pg 2 Interview: MD Philip Ng on IBM's growth areas, Pg 13
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Housing board to release four parcels of land for tender tomorrow
      439 2  -  By Colin Tan SINGAPORE Four Housing and Development Board land parcels three commercial and one residential are expected to be up for tender tomorrow. Two of the commercial sites are in Bukit Panjang and the third in Bukit Batok.
      Source: Ministry of National Development  -  439 words
    • Article, Illustration
      Lock icon Gulf states seek common market by 1999
      478 2 AFP ABU DHABI Gulf Arab states have drawn up plans to create a common market by 1999 but economists warn that the project could encounter several obstacles. Finance ministers from the six-nation Gulf Cooperation Council (GCC) finalised a programme for such a market
      AFP  -  478 words
    • Article
      Digital Equipment shifts marketing focus to SMEs
      294 2  -  Local arm expects $2m spin-off from move By Joseph Rajendran SINGAPORE American multinational computer company Digital Equipment is targetting small and mediumsized companies by selling software created specially for them. Local subsidiary Digital Equipment Singapore expects this new strategy to generate more than
      294 words
    • Article
      Lock icon IBM to split into a federation of smaller firms
      516 2 Agencies NEW YORK In a sweeping overhaul of the way it does business, IBM, long one of the world's most admired and successful companies, said on Tuesday that it would become a federation of smaller, nimbler companies able to respond more
      Agencies  -  516 words
    • Article
      Lock icon Kuwait to rescue troubled banks, firms
      513 2 Govt to clear billions of dollars of bad debts Reuter KUWAIT Kuwait plans to bail out five troubled commercial banks and investment firms with bad debts estimated at up to U5524.5 billion (about Ss4o billion). Bankers said yesterday the Central Bank had submitted proposals
      Reuter  -  513 words
    • Article
      Property boom shakes Surabaya from its slumber
      685 3  -  INDONESIA REPORT From Maggie Ford in SURABAYA A NEO-CLASSICAL office tower built by Indonesia's giant Mulia group proclaims to visitors that Surabaya has entered the modern age. Though not yet fully completed, the tower is 70 per cent occupied. A somewhat sleepy city
      685 words
    • Article
      Investment game raises $200,000 for charity
      308 3 DBS CHARITY .IMMISIMENIhBftCB SINGAPORE In spite of lacklustre conditions in global financial markets, the DBS Charity Investment Race raised $200,000 for charity after six months of gruelling competition. The nine teams brought in $170,000 while the balance of $30,000 was contributed by the Stock
      308 words
    • Article, Illustration
      CEOs urged to promote volunteerism at company level
      320 3  -  By Quak Hiang Whai SINGAPORE Chief executive officers of companies could set general guidelines for employees to help start structured volunteer programmes for the community, the Deputy Prime Minister, Brigadier-General (Res) Lee Hsien Loong, said yesterday. Speaking at the prizegiving ceremony for
      320 words
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      Page 2 Advertisements Column 1
      102 2 j|j Ik. w Traditionally prepared, each dish at the Tandoor is created to please the eye as well as the palate Our master chefs •Z manipulate choice ingredients with their creative skills, whipping up gastronomic delights. And while some works .1? of art decorate our walls, we put these mouth-watering
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      Page 2 Advertisements Column 2
      129 2 m CHECK IN AND 1 I START BUSINESS! I H It's waiting for you: The luxury of a fully H furnished executive office with all the H I business support facilities you'd ever need H secretarial services, conference room, H answering service, fax, copier, telex, word H processor... and what
      129 words
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      146 3 I m Hi mtm m y V -28P v .Jjfel I^^. I B A B ®astf?isf®|Mtef 1, -fl B I K~a I I Kb I I I H H H IB Hfl v V I IF 1 I TP D ID 1 xV l r II H IW'JmM&Z--■IB v i
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      Page 3 Advertisements Column 2
      60 3 I UP TO 70% I I REDUCTIONS I I 23 Nov to 8 Dec 1991 I I Gents and Ladies shoes, I I handbags, travel goods I I and accessories. I I 1 Boutiques: *01 36E. The Parogon. 290 Orchard Rd. Singapore 0923 Tel: *****88. J I V *02-09, Raffles
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        STPB names general manager of Seoul office
        112 4 THE Singapore Tourist Promotion board (STPB) has appointed Quek Chin Tuan as the general manager of its newlyopened office in Seoul, South Korea. The presence of an office there is in recognition of its potential as one of the fastestgrowing markets for Singapore;
        112 words
      • Article
        When charity calls...
        77 4 WITH time-based phone calls due to start on Dec 1, Singapore Telecom has announced that it will sponsor the telephone costs of charitable organisations. The organisations are those affiliated to the Singapore Council of Social Service and which are already enjoying concessionary rates. Telecom, with its subsidiaries,
        77 words
      • Article
        Lessons from NIEs
        107 4 DEVELOPING countries can draw on the experience of the four newly-industrialising economies (NIEs), including Singapore's, said Dr Ong Chit Chung yesterday at the UTH International Labour Organisation Asian Regional Conference. Their experiences can provide some useful pointers to other developing countries, added Dr Ong, the Parliamentary Secretary
        107 words
      • Article
        US Pacific commander on visit
        119 4 THE commander-in-chief of the US Pacific fleet, Admiral Robert Kelley, called on Dr Lee Boon Yang, the Minister in the Prime Minister's Office and the Second Minister of Defence, yesterday. Admiral Kelley, who arrived in Singapore on Monday, is on a four-day familiarisation visit here.
        119 words
      • Article
        First S'pore child with HIV virus
        93 4 A TWO-YEAR-OLD boy has tested positive for Human Immunodeficiency Virus (HIV), the virus that causes Aids. This is the first pediatric case of HIV infection in Singapore. The child has Aids-related illness now although both his parents are HIV carriers without any Aids symptoms
        93 words
    • Article, Illustration
      Waterfront City project in Batam will cost $2b
      449 4  -  By Carolyn Lim THE COST of the ambitious Waterfront City project on Batam had been revised to $2 billion, or double the previous estimate, the major player behind the scheme, Mr Lim Tjoen Kong, said yesterday. The earlier estimate had been preliminary,
      449 words
    • Article
      Marine industry urged to improve image
      311 4 SINGAPORE'S marine industry was yesterday urged to change its image to attract young Singaporeans to join its workforce. Speaking at a seminar, Lim Boon Heng, Senior Minister of State (Trade and Industry), said that to attract more talent to join the sector, "it is
      311 words
    • Article
      Hotel Phoenix entertainment centre in membership drive
      426 4  -  By Hong Lee Tiam HOTEL Phoenix is flooding the corporate scene with membership forms for the Tornado a new entertainment centre at its basement. The non-exclusive entertainment centre, designed in the American style of the *****, will feature live entertainment, two private karaoke
      426 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      869 4 ADVERTISEMENT "Golddoor" brand locks handled by corporation have a good market in the world and are well accepted by consumers Ihipughout the world for its advanced performance and high quality. Jinhua Ham it made from the hind leg of thefamous'Black Heading! "Golddoor" brand locks have brass padlocks, cast iron pad-
      869 words
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      Page 4 Advertisements Column 2
      68 4 II -p. DISCOVER f MOSCOW 5 WEEKLY FLIGHTS TO MOSCOW EN ROUTE TO EUROPE i Fly Aeroflot for speed, economy and reliability f For more information, contact us or our travel agents: AEROFLOT Strviet airtLn.es--15 Queen Street #01-02/02-00 Tan Chong Tower, Singapore 0718, Tel: *****57, Fax: *****52 Kuala Lumpur Tel:
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  • Page 5 Advertisements
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      71 5 The same lavish service •CV your Delaneau would receive in Switzerland now n n^a P ore at Roy Eastern. w|k N-MjgZS&t--%„js igx //Am.H' > SA v V Xr j'S'Vjij.*- 4 y 1 I<' Jo.i illifi d> l.i Mont 11' tej jWR I >; v V i^ iT v wiy' -U
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Golden Hope posts 59 pc rise in interim earnings
        116 6 SINGAPORE Kuala Lumpur-listcd Golden Hope Plantations Bhd has posted a 59 per cent jump in its interim earnings to $29.61 million on the back of a 28 per cent rise in turnover to $243.68 million from a year earlier. As a
        116 words
      • Article
        PCL shareholders lower stakes
        93 6 SINGAPORE Two substantial shareholders of publiclylisted Pacific Carrier Ltd, Natalon Co Ltd and Kuok (Singapore) Ltd, have reduced their stakes in the marine-based company. Both Natalon and Kuok sold PCL shares on Tuesday at $1.75 apiece. In the first deal, Natalon released 2.5 million PCL shares,
        93 words
      • Article
        Arab-Malaysian unit's plans
        29 6 KUALA LUMPUR Arab-Malaysian Fist Property Trust (AMFPT) is presently talking to a few parties about acquiring buildings in Kuala Lumpur, especially those within the Golden Triangle.
        29 words
      • Article
        DBS opens branch at Gleneagles
        55 6 SINGAPORE DBS Bank has opened a new branch at the new Gleneagles Medical Centre, bringing the number of its branches to 42. This branch is expected to cater to the corporate and personal banking needs of patients and hospital employees of Gleneagles, and of residents
        55 words
      • Article
        Corrections and clarifications
        78 6 In BTs Company Briefs column of Nov 22, we reported that United International Securities sold 104,000 UIS Warrants 1995. The warrants were in fact sold by United Overseas Insurance Ltd. And in BTs Nov 23 report "RMCA Re replies to SES queries," it was incorrectly stated that
        78 words
    • Article
      SAE wins $15m deal to repair military vehicles
      174 6 SINGAPORE Singapore Automative Engineering (SAE), part of the Singapore Technologies stable, has clinched a $15 million contract to repair military vehicles. Work on the contract, expected to span over three years, has already started at the company's Portsdown Road site. SAE said
      174 words
    • Article
      QAF posts $1.97m interim profit, plans $16m bakery plant
      426 6  -  By Elaine Koh SINGAPORE Having pulled out of last year's doldrums, QAF Ltd yesterday posted an interim after-tax profit of $1.97 million and also announced plans for a $16-million bakery plant at Pandan Loop. The new plant, which is expected to
      426 words
    • Article
      MAS plans M$6b expansion
      128 6 KUALA LUMPUR Malaysia Airlines (MAS) is to spend Ms 6 billion (553.6 billion) to modernise and expand its fleet from 64 aircraft now to 100 by 1997, airline officials said. The national carrier is phasing out four ageing Airbus A3oos and is to take delivery of
      128 words
    • Article, Illustration
      J Ballas chief stresses value of govt-linked companies
      287 6  -  Asia-Pacific Investment Conference By S N Vasuki SINGAPORE With the impending privatisation of statutory boards such as Singapore Telecom and Public Utilities Board, the opportunities to invest in Singapore's government-linked companies (GLCs) will continue, and empirical evidence has shown that investing in
      287 words
    • Article, Illustration
      New man at helm for Sembawang Maritime
      330 6  -  Sembawang Aviation also gets change of MD By Selva Kumar SINGAPORE Listed Scmbawang Maritime will be led by a new chief next year when Billy Lee Beng Cheng takes over from Lai Park On as the managing director on Jan 1. In a
      330 words
    • Article
      Jurong Cement gives more details on Aussie deal
      310 6 SINGAPORE Jurong Cement Ltd yesterday revealed more details about its A 517.3 million (5522.7 million) property deal in Australia, but mystery still surrounds what sort of property the company is buying. In a statement yesterday, it said the property is located in
      310 words
    • Article
      Why is DEB buying plantation land after selling its own?
      731 6  -  THE HOCK LOCK SIEW COLUMN By William Chia SHAREHOLDERS of Dunlop Estates Bhd (DEB) must be wondering why the company is buying a palm oil estate in Johor after having sold off almost all its plantations in the last few
      731 words
    • Article
      Sime Darby unit sees earnings rise from S'pore exports
      472 7  -  From Al O Labita Jr in MANILA LISTED Sime Darby Pilipinas' plan to export steel-belt-ed tyres to Singapore this financial year is expected to boost company earnings, the Philippine affiliate of the Hongkong-based Peregrine Securities said on Tuesday. Sime Darby Pilipinas,
      472 words
    • Article
      Lock icon Meralco sells S$380,000 of shares
      200 7 AFP MANILA The Manila Electric Company (Meralco), the Philippines' largest power utility, has sold 555,450 of its shares, worth 6.58 million pesos (S$380,000) since it began its public offering, Meralco sources said yesterday. This is only 7.4 per cent of the 7.5 million shares, valued
      AFP  -  200 words
    • Article
      Lock icon Allied-Lyons9 team off to flying start
      328 7 Allied-Lyons 9 team off to flying start Reuter LONDON Allied-Lyons pic's new management team has made an impressive start at the British food and drinks giant, pushing profits up one per cent, despite what the firm described as "probably the toughest ever six months trading". Allied's pre-tax profits reported on
      Reuter  -  328 words
    • Article
      Lock icon Japan's brokers seek to freeze new offerings as market slumps
      535 7 Reuter TOKYO The slumping Japanese over-the-counter (OTC) stock market is moving to freeze all new share listings this year, industry officials said on Tuesday. Four companies have postponed subscription offerings for new shares scheduled from yesterday, said an official at
      Reuter  -  535 words
    • COMPANY BRIEFS
      • Article
        Bids for Aussie hotel lower than expected
        83 7 SYDNEY Australia's Carrington Hotel, whose guests in the 1920s included the Prince of Wales and the Duke and Duchess of York, failed to reach its reserve price at an auction here yesterday. The auctioneer closed the sale when the bidding stopped at A
        83 words
      • Article
        Building for HK-Viet hotel starts
        66 7 BANGKOK Construction of a four-star hotel, a joint venture between a Vietnamese and a Hongkong company, has begun in Ho Chi Minh City, the official Vietnam News Agency reported. It said the US$6O million (5599.6 million) venture by the Saigon Tourist Co and a subsidiary
        66 words
      • Article
        Taiwan firms seek partners
        76 7 TAIPEI Two state-owned and three private firms in Taiwan are seeking a joint venture with one of two foreign companies to set up a NTS 2.6 billion (551.66 billion) plant here to produce silicon wafers. The Industrial Technology Investment Corp (ITIC), a semi-government firm commissioned to
        76 words
      • Article
        More brokers close Tokyo units
        66 7 TOKYO Discount Corporation of NY (Japan) Securities Ltd, a subsidiary of Discount Corp, will close its Tokyo operations, possibly by the end of March, industry sources said. The move follows decisions by other foreign brokerages earlier this year, including Chase Manhattan Securities and BHF Securities,
        66 words
    • Article
      Lock icon Three leading Japanese contractors post profits
      198 7 AFP TOKYO Three of Japan's top five general contractors chalked up gains in sales and profits in the six months to Sep 30, reflecting still-brisk investment from the private sector, reports released on Tuesday said. But according to mid-term financial reports released by the
      AFP  -  198 words
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      87 7 JpbKol-S y'flKr £OSM <vo^HrZ*; 7 j 7*r£^HKjaagfojKlß^H^-£j|^VpMiy|^KK^^Hßs^BKlßVlwa^^ErX:.. JBrE??ry'BPW r ./■r^^K^liliir wil)^v'3K^ifcj^yv»?' *tw^^Ks&w^P «g«^g^y3l|cSggßßfc3M^B>ragg|Mßfc^pKi^ K^3HfllS^^^9tt^^Hr^iMMßSflP* P Ijifriii 1 fun MF MP iV < gßc--^Wf- -\--7MJ J > ■mm&XVL -imrf^mß.; y .%ni!>JMrrf?Cg. Mx j!T r '^K&t' MB'jjh,^^MjMH^jßr_.iiirrytjJSF- J^k"-^&£&?* jy%#UP^ini^» SSSP ,«R^ -gm^ 7 MS:■•<AB3fcr>^»itdßEifv;.#c^iflfll^^^Bßi^B^^^B^BßM^^fc»»£-.j* ■•> iB)y >-fli. y&, lw. Je «^BKBiL'f MI
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Hanoi to issue treasury bonds in three cities
        132 8 HANOI Vietnam will issue treasury bonds next month in the country's three most populated cities to mobilise savings, the Nhan Dan newspaper reported yesterday. The measure approved by the council of ministers and authorities in Hanoi, Haiphong and Ho Chi Minh City
        132 words
      • Article
        French reserve requirements cut
        149 8 PARIS The Bank of France on Tuesday said it was cutting reserve requirements for French banks. Reserves against sight deposits will be cut from Dec 1, 1991, to 4.1 per cent from 5.5 per cent. Reserves against term deposits of more than one year in maturity
        149 words
      • Article
        Swedish interest rate up sharply
        118 8 STOCKHOLM Sweden's Central Bank raised its overnight lending rate a full percentage point on Tuesday, citing upward pressure on interest rates abroad and an alarming recent outflow of currency from the country. Deputy bank governor Thomas Franzen acknowledged that the ripple effect of Finland's effective
        118 words
      • Article
        Chemical expects merger approval
        136 8 NEW YORK Chemical Banking Corp and Manufacturers Hanover Corp expect to get approval to merge from the US Federal Reserve in the next day or two, Peter Tobin who will be chief financial officer of the new bank told analysts on Tuesday. He added that the
        136 words
    • Article
      Lock icon China plans to sell more bonds to raise funds
      367 8 AP BEIJING China plans to increase its issuance of domestic treasury bonds next year in an effort to offset the government's growing budget deficit, an official report said on Tuesday. The English-language newspaper China Daily said analysts have estimated the 1991
      AP  -  367 words
    • Article
      Lock icon Beijing ends floating interest rates
      275 8 AFP BEIJING China's central bank, expressing confidence that inflation is under control and aiming to encourage consumer spending, announced that from Sunday it would end subsidies for mid-term savings deposits. The People's Bank of China began in late 1988 to link interest rates of deposits
      AFP  -  275 words
    • Article
      Lock icon American lawmakers compromise on foreign deposits
      242 8 Reuter WASHINGTON US House and Senate conferees have agreed to allow federal regulators under certain conditions to cover foreign deposits when a bank fails. The accord was reached by the conference committee trying to resolve differences between House and Senate bank Bills on Tuesday.
      Reuter  -  242 words
    • Article
      Lock icon Call to tighten controls over Aussie banking
      533 8 Report also recommends entry of more foreign banks Reuter CANBERRA Australia should tighten banking system supervision to avoid repeating collective lending "madness" and to prevent bank failures, an official report said yesterday. The report also recommended opening Australia, dominated by four major banks
      Reuter  -  533 words
    • Article
      Lock icon Business of Seoul's foreign banks up
      208 8 AFP SEOUL Foreign banks operating in South Korea quadrupled their share of total lending volume here in the first 10 months of the year, a Central Bank of Korea official said yesterday. In the January-October period, foreign banks accounted for 9.2 per cent of
      AFP  -  208 words
    • Article
      Citibank S'pore launches S$100m NCD
      253 8  -  By Kooi Cho Teng SINGAPORE The Singapore branch of Citibank NA yesterday launched Ssloo million of negotiable certificates of deposit (NCDs) to raise local dollars to fund its Singapore tending operations. The Citibank issue is probably the first one in several years for NCDs denominated
      253 words
    • Article
      Lock icon Japanese insurers shift investment focus to domestic markets
      578 8 Reuter TOKYO Japan's major life insurance firms, heavyweight investors abroad, have shifted their investment focus to domestic markets in a bid to secure stable sources of income, company officials said. Major insurers arc boosting lending and domestic bond purchases and cutting foreign
      Reuter  -  578 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      258 8 An invitation to children of expatriates and permanent residents in Singapore Come to the English College Open House on Saturday November 30th Commencing February 17th 1992 English College at Woodlands will offer Secondary (from Year 7) and Pre-University (South Australian Matric) programmes and from March 2nd 1992 First Year Undergraduate
      258 words
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      Page 8 Advertisements Column 2
      59 8 FACTORY FOR SALE 1 I JTC Type D 6 at Tuas I I Plot area 8206 sq m; built-in area of I I 3067 sq m I I Production area fully partitioned and I I air-conditioned I Warehouse- 4-pallet high, fully I I air-conditioned with epoxy coated floor I Fully
      59 words
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  • THE REGION
    • Article, Illustration
      Viets at S'pore plant hope to develop lubricant
      380 9  -  5 chemists, engineers working on product for their home market By Harish Mehta SINGAPORE Five Vietnamese chemists and chemical engineers are working on a UN-funded project at Castrol's Singapore plant to develop and formulate an industrial lubricant for the domestic Vietnamese market.
      380 words
    • Article
      Lock icon Japan tops Hongkong's list of manufacturing investors
      396 9 AFP HONGKONG Japan topped the list of foreign investors here last year, injecting a third of the total HKS3O.9 billion (556.6 billion) invested in the British colony, the government said yesterday. Japan accounted for 32 per cent of the total overseas investment in
      AFP  -  396 words
    • Article
      Lock icon Khmer Rouge may be out of peace process
      585 9 News Analysis Group may return to violent ways: diplomat AFP PHNOM PENH The abortive return here of Khmer Rouge leader Khieu Samphan has cast some doubt on the future of the United Nations-brokered peace plan for Cambodia, which calls for reconciliation. The
      AFP  -  585 words
    • Article
      Thai cement importers face oversupply
      449 9 BANGKOK Cement importers who earlier vied among themselves in a common effort to meet domestic demand are now locked in a fierce struggle to sell in an oversupplied market that has forced prices down, according to a report in The Nation. Industry sources said some
      449 words
    • NOTE BOOK
      • Article
        Venezuela, Malaysia enter trade agreement
        67 9 CARACAS Venezuela and Malaysia signed a trade pact on Tuesday aimed at boosting commerce between the two nations by reducing tariffs and promoting joint ventures. The agreement was signed following talks between Venezuelan officials and Malaysia's Foreign Minister Abdullah Ahmad Badawi, who was in Caracas
        67 words
      • Article
        Suharto signs accord in Caracas
        46 9 CARACAS Indonesian President Suharto signed an economic and technology accord with Venezuela at the conclusion of his official visit here on Tuesday. The accord is expected to be used as a basis for expanding cooperation on economic, technical and scientific matters.
        46 words
      • Article
        KL to help Zimbabwe mine gold
        45 9 KUALA LUMPUR Malaysia will send its experts to help Zimbabwe develop its gold-mining industry. Zimbabwe has vast gold resources but these are yet to be fully exploited. Experts will be selected from various mining companies, including Malaysian Mining Corp.
        45 words
      • Article
        KL keeps monopolies in check
        59 9 KUALA LUMPUR The Malaysian government will amend the Restrictive Business Practices Act to ensure that local companies that monopolises certain trades do not dictate the retail prices of their goods. The amendments will empower the domestic trade and consumer affairs ministry to act against companies
        59 words
      • Article
        Hanoi to free detainees
        70 9 HANOI Vietnam will soon release the last 100 or so people who have been held in re-education camps since its victory over the US-backed South Vietnamese government in 1975. The detainees would probably be freed in the next three or four months. Hanoi put nearly 100,000
        70 words
      • Article
        Hawke's popularity at new low
        66 9 CANBERRA Australian Prime Minister Bob Hawke, under renewed attack by the Conservative Opposition and racked by dissent in Labour Party ranks, is at his lowest political ebb since he began his unbroken run in power in 1983. Polls following the release of the Opposition's tax
        66 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      59 9 An Invitation To Preview 4 i -|^'L''^ l yy 1 m •••> H|^^**».jftm £|H 1 ggW) <• 11|* ill tin, y^yjyy^yHWn^Or t «W 1 flßflflb% jCDB BPiIPrtPT>T Ngee Ann City Orchard Road, Singapore ftfP Knight Frank Cheong I lock Chyc Baillieu Sole Marketing Agent for Orchard Square Development Corporation Pte
      59 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1147 10 Unitor Building on November 1991 Aif fr/Hll From our new facility and jetty, we makewer If C/fff 10,000 deliveries a year to ships of afl I w&m 1 tarn nationalities calling at Singapore. And since General ManaQery 1985, our turnover has increased six-fold and staff, two-fold. Today, we have a
      1,147 words
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  • THE WORLD
    • Article
      Lock icon Bleak Christmas season ahead for US retailers
      404 11 Consumer confidence at lowest for more than 10 years Reuter NEW YORK American consumers are entering the crucial Christmas shopping season with their confidence at its lowest level in more than a decade, according to a survey released on Tuesday which spells bad
      Reuter  -  404 words
    • Article, Illustration
      New era ushers in new time
      53 11 CHICAGO Leonard Rieser, the board chairman of the Bulletin of Atomic Scientists, the publication that created the Doomsday Clock, announcing on Tuesday that the minute hand of the clock is being moved to 17 minutes before midnight, the hour that represents a nuclear holocaust
      53 words
    • Article
      Lock icon British mortgage loans up in October but likely to fall soon
      261 11 Reuter LONDON British mortgage lending recovered slightly last month, according to Britain's Building Societies Association, but the rise was due largely to favourable seasonal factors and a fall in the next few months is on the cards. Gross mortgage
      Reuter  -  261 words
    • Article
      Lock icon Bush embraces tax cut plan in bid to boost position
      327 11 Reuter WASHINGTON United States President George Bush, confronted with mounting evidence of public discontent, struggled on Tuesday to regain his political footing on the slippery slope of economic policy. After opposing for weeks any kind of "quick fix" to the
      Reuter  -  327 words
    • Article
      Lock icon Western investors still wary of Eastern Europe
      474 11 AFP VIENNA Western investors are still holding back from massive involvement in Eastern Europe, two years after the fall of communism, in spite of efforts by the emerging democracies to attract the foreign capital needed to finance their economic recovery. Direct foreign investment
      AFP  -  474 words
    • Article
      Lock icon Azerbaijan's Parliament votes to take over disputed enclave
      304 11 Reuter MOSCOW Azerbaijan's Parliament has voted to take control of the disputed Arme-nian-populated territory of Nagorno-Karabakh, casting a shadow over peace talks by leaders of the two republics set for yesterday. The Tass news agency said that deputies in the Azerbaijani capital,
      Reuter  -  304 words
    • Article
      Lock icon No easy way to cut Tokyo trade surplus: analysts
      413 11 NYT TOKYO Japanese government officials say they are searching for ways to curb the country's growing trade surplus, fearing possible aggravation of trade friction with other countries. But many analysts doubt that a quick solution is possible, saying the surplus is
      NYT  -  413 words
    • Article
      Lock icon Don't over-emphasise farm trade: EC
      260 11 UPI OSAKA -r A top European Community official has warned that excessive attention on the farm sector to the exclusion of other issues could thwart a successful conclusion to the world trade talks. Visiting EC Vice-President Frans Andriessen emphasised on Tuesday that the final package
      UPI  -  260 words
    • WORLD WATCH
      • Article
        Free trade treaty on hold ahead of US polls
        108 11 WASHINGTON Consideration of a free trade pact with Mexico will likely have to be shelved until US elections are over, putting on hold President George Bush's plans to set up a continent-wide free trade zone, lawmakers and analysts say. The move,
        108 words
      • Article
        Union gives warning on EC pact
        89 11 BRUSSELS The European Trade Union Confederation (ETUC) has warned that it will mobilise to block a treaty for European Community integration if the treaty does not protect workers' rights. ETUC secretary-general Emilio Gabaglio said on Tuesday that the pan-European trade union movement would mount
        89 words
      • Article
        Bid to prevent Indian strike
        93 11 NEW DELHI Hectic negotiations were underway here and throughout India on Tuesday as leftist unions planned a massive nationwide 24-hour strike for tomorrow to protest the government's new liberalised industrial policies. Indian government officials made appeals to workers not to strike and promised that any
        93 words
      • Article
        Big-wigs to attend Davos forum
        66 11 DAVOS, Switzerland Members of the world business community will be meeting here from Jan 30 through Feb 4 next year at the 1992 annual meeting of the World Economic Forum. Participants in the meeting will include former US Secretary of State Henry Kissinger, Sony chairman
        66 words
      • Article
        Pakistan raises sugar duty
        110 11 ISLAMABAD Pakistan has raised duty on sugar imports to 25 per cent from 15 per cent to protect its domestic industry. A government statement yesterday said the rise was in response to a fall in world prices, which had prompted Pakistan's sugar industry to call for
        110 words
      • Article
        Islamabad to amend fiscal laws
        115 11 ISLAMABAD Pakistan's government has decided to amend its fiscal laws following a top Islamic court declaration that banking and insurance rules violate an Islamic ban on interest, officials said on Tuesday. The decision follows demands from religious circles against any move to get the judgment
        115 words
      • Article
        Brazilian recovery forecast
        92 11 RIO DE JANEIRO Brazil is about to emerge from a prolonged economic crisis, says former Finance Minister Luiz Carlos Bresser Pereira. "We are on the verge of coming out of the crisis," he told Brazil's national forum, an annual meeting of decision makers aimed at solving economic
        92 words
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  • Article
    Regional game plan
    448 12 EDITORIAL WHAT makes a regional financial centre truly a regional financial centre? Well, the recipe is quite simple: Liberalise investment regulations, attract the right kind of players, domestic as well as multinational, emphasise quality rather than quantity, and invest heavily in state-of-the-art technologies. For Singapore, this seemingly
    448 words
  • WHAT THE OTHERS SAY
    • Article
      A choice for the future
      256 12 THE choice of Mr Boutros Ghali, Egypt's Deputy Prime Minister, as the new Secretary-General of the United Nations is a happy compromise between the claims of both West and East on the world body at a time of intense international change. The person himself could
      256 words
    • Article
      Keeping the peace
      123 12 AFTER the end of the Cold War, the US seems comfortable to reduce its role of policing interna- tional peace. Who will replace or take over some of its role? The United Nations seems to be the best bet. It has grown in stature especially after the
      123 words
    • Article
      Seek a peaceful solution
      160 12 FOR the past few days, North Korea, South Korea and the United States have been playing their trump cards in the nuclear crisis looming over the North Korean Peninsula. The United States must realise that if North Korea is further isolated and cannot reach a decent
      160 words
  • REGIONAL VIEWPOINTS
    • Article
      Tough task ahead
      200 12 AS the newspaper headlines proclaimed, Arab and world capitals were full of praise last week for the United Nations Security Council's decision to name the Egyptian Deputy Prime Minister Boutros-Ghali as the next UN Secretary General. In the capitals of the developing nations in particular, Mr Ghali's
      200 words
    • Article
      Japan's new role
      125 12 AS the US lowers its military profile in the region, almost all the countries in East Asia accept the changed circumstance. By and large, they also acocpt that there is no real security vacuum to fill with the end of the Cold War and with emphasis being
      125 words
    • Article
      Working out a new draft
      191 12 DUE acknowledgement has to be given the National Legislative Assembly (NLA) for trying to be responsive to the public outcry against what is perceived to be the undemocratic nature of the draft Constitution. Proper recognition also has to be accorded the National Peace-keeping Council (NPKC)
      191 words
  • Article, Illustration
    Invest in the UK, cash in on Europe
    819 12  -  Industry Minister Edward Leigh tells Neville Stack why foreign investors are finding the UK an attractive proposition Neville Stack The writer is a political commentator and editorial consultant based in England WITH a single European market around the corner, Britain received record
    819 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      86 12 Scalpel...scissors.-sutures.- Business Times Whether you're a surgeon, lawyer, conlractor or engineer, all the current trends that affect them. IZ r "i! k pt We m,ormrd IO rf,urns Essential information accessible every business day your money. lhrough Xlmrs l !*™r snund The thinking businessman plans his moves and %Z2LOZ« p The
      86 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      46 12 DOONESBURY BY GARRY TRUDEAU 7HAMtSKKS£&N6/H£,A* DOt&CT THAT AMOUNT Z)^ VKtt*e*Xt(T.rHHOHN6 HOK OFNhAT THC H TUt/^mn r 10UCANCIMUPAF&U TKNISBONdACaJSCPOFBITfe W W £***£"> IHNC6FOR.MZ. &CBNTIY, gK£JTK»&nJNG*St'USN6 W M THE PSA ANPA US. ATTORNEY j 'HON-POUTKAL'A&NOeS II &»*TO ™gLPTO Hwzseuamx caecum* kk purpose, of political AW m mx about eerNtcrt
      46 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Japanese losing yen for foreign property
      721 13  -  Some aggressive Japanese developers have turned from buyers to sellers. Robert Thomson explains why Robert Thomson FT WHEN Kumagai Gumi, the aggressive Japanese contractor, announced its retreat from international property development, it promised poetically that "our flower will surely bloom again". The wilting of
      FT; Source: Ministry of Finance  -  721 words
    • Article, Illustration
      Lock icon IBM S'pore seeks out the growth areas
      1414 13  -  The worldwide computer industry is changing. Joseph Rajendran speaks to Philip Ng, the managing director of IBM Singapore, and the man who will lead the company to explore new areas Joseph Rajendran THE worldwide computer industry is in a state of flux and
      Photo by Chris Loh  -  1,414 words
    • Article
      Lock icon E Europe faces the pain of becoming capitalist
      493 13  -  Illusions about East European reforms have faded. Jonathan Lynn reports Jonathan Lynn Reuter EASTERN Europe's race to a market economy is turning out to be a marathon rather than a sprint. Euphoria after the fall of the Berlin Wall two years ago
      Reuter  -  493 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      72 13 fn prri ml) Krups gallery, f coffeemaKers j Model 130 5 m K I crafted for trendsetters. J New from Krups an exciting Model 140 and beautifully designed line of cofFeemakers that add colour and chic to modern living. Warm red or cool black, I whichever model you choose, Krups
      72 words
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  • SPORTS
    • Article, Illustration
      Lock icon Peng Siong wins 50m freestyle
      475 14 SEA Games Reuter, AP MANILA Thailand broke three swimming records and Ratiporn Wong collected her third and fourth gold medals to become queen of the pool at the 16th South-east Asian Games yesterday. Singapore's Ang Peng Siong struck gold in the 50 metres freestyle in
      Reuter,; AP  -  475 words
    • Article, Illustration
      Lock icon Norman pursues fourth Australian Open title
      316 14 AP MELBOURNE Greg Norman will be aiming to end an 11-month winless streak when he begins his campaign to capture a fourth Australian Open golf championship today. The powerful Australian has had a disappointing season on the United States PGA tour, but is confident
      AP  -  316 words
    • Article
      Lock icon Kankkunen-Piironen team in the lead on final day
      284 14 AP HARROGATE, England The Finnish team of Juha Kankkunen and Juha Piironen took a lead of more than three minutes in the Lombard RAC Rally on Tuesday, moving them closer to another World Championship. Kankkunen and Piironen, who led the drivers' standings
      AP  -  284 words
    • SIDE LINES
      • Article
        US Davis Cup players ready for anything
        118 14 LYON America's Davis Cup players have admitted they are ready for anything when they face France in this weekend's final including the return of Yannick Noah. Robert Seguso and Ken Flach, finalists at the World Doubles Championships in Johannesburg at the weekend, said
        118 words
      • Article
        Lennox is in the mood
        112 14 LONDON Lennox Lewis is ready to take on anyone including Mike Tyson. The bold claim by the fighter's manager Frank Maloney follows the British and European champion's impressive three-round demolition of Tyrell Biggs in Atlanta on Saturday. "Judging by his frame of mind and if
        112 words
      • Article
        Wimbledon windfall
        64 14 LONDON This year's Wimbledon tennis championships brought in record profits of almost £12 million for the Lawn Tennis Association. The £11,991,000 surplus, which is spent on developing the sport in Britain, was up 25 per cent over the 1990 figure. It also boosted the LTA's total income £16
        64 words
      • Article
        Mercedes out of F-1
        109 14 STUTTGART, Germany Mercedes has decided against making a return to Formula One Grand Prix racing and is closing down its sports car team. The Daimler-Benz AG company board said on Tuesday that it saw no point in investing in the two branches of motor racing. Instead,
        109 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      59 14 Mmm' Bp; s3 Travel Bag $225-$1,189 IWLile lonlfay lira©sll. leaillliiiHr ijootlls are mfass-pronliaceo,) Cjoacln Is Irfailllioiiiifally crafletL J/ COACH J *r AN AMERICAN LEGACY Understatedly elegant in design and finely crafted of supple, durable, natural leathers. Coach products are recognised the world over as American Classics. Coach for men and
      59 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Controversy pays
      205 15 CONTROVERSIAL copy won the day for Dentsu, Young and Rubicam Singapore at the recent London International Advertising Awards. One of its ads for Ikea "Ikea Supports Uneducated Bums" (right) won a statue in the category for print, retail, while eight other works picked up finalist awards. Among them,
      205 words
    • Article, Illustration
      Asia-Pacific cruise industry gathers speed
      719 15  -  Blue skies and sunshine await the local cruise industry if operators know how to harness the potential and are willing to tailor packages to meet growing regional demand. Hong Lee Tiam reports Hong Lee Tiam CRUISE operators could reap a business bonanza in the AsiaPacific
      719 words
    • Article
      A boost for tourism
      394 15  -  American Express has plans to spend more than US$ 1 million on Visit Asean Year 199z. Sylvia Wong reports Sylvia Wong American Express, the official card and travellers cheque of Visit Asean Year 1992, will spend more than US$l million in sponsorship programmes for the six
      394 words
    • Article
      COPY LINES
      112 15 CHIAT/DAY/MOJO Singapore has been acquired by Standard Advertising Inc of Japan. It is now known as Standard-CDM Advertising. Standard Advertising was set up in 1958. "Standard is an ideal partner because its corporate culture is very similar to our own, and we have been working together as affiliates
      112 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      185 15 INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY —n EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. f- —Xgy EASY STAFF personnel system is an award winning human resource package. EASY ASSET fixed assets system
      185 words
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      Page 15 Advertisements Column 2
      124 15 B U S I N ESS T I M E S TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 fINMCOUIff MANAGER WITH OWE OF TUPOP brain, (often in pi.) the nervous system con- M the nervous ganglia near the head end of the body: 1 the of the and of sensation: the 1 (often
      124 words
    • Advertisement
      Page 15 Advertisements Column 3
      11 15 Special rates for early-bird cruise lines bobbing here, Shipping Pg I
      11 words
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  • LIFESTYLE 1
    • Article, Illustration
      The ecological tourist guide
      923 16  -  Nirmal Ghosh meets Laurie Lubeck, a campaigner for ecologically sound tourism, and finds out exactly what 'ecotourism' means Nirmal Ghosh EIGHT years ago, Californian Laurie Lubeck, then a Japan-based travel industry professional, was taken by a local operator on a shopping excursion with a group of
      923 words
    • Article
      Woody sacks star of his new movie
      302 16 THERE are few projects so secretive as a Woody Allen movie in the midst of production, but a smattering of information has seeped out about the film, still unnamed, that he is shooting at Barnard College, among other locations. Emily Lloyd, who had
      302 words
    • Article, Illustration
      A promising season of joy
      325 19  -  Julie Chatterjee previews the Singapore Dance Theatre's offering for 1991 's dance festival Julie Chatterjee IN keeping with the Christmas spirit of joy, Singapore Dancc Theatre's season at the Singapore Festival of Dance starting tomorrow holds much promise of happy expression. Highlights of this promising
      325 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      182 16 1 ';vr r Its pedigree is unmistakeable. The :.C low. taut stance. The interior, designed i mind... Every inch aVohro in the classic tradition, the all new 460 brings style, "*t\ Swjfjp \^J&Wi;&J-' iv'- engineering within reach of a new of Singapore 1 lUf Eft* M$ performance really puts the
      182 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      241 17 mSSm *i"'' rX- V**# X'^? p />3K j| ally "B; KMI V IT Hi i->,„ H 1\ f I Bk V, i <^m R. HF' J9 1 F"■ 1-? > THE WORLD'S FIBST CORDLESS KEYPHDWE. Introducing the world's first cordless keyphone access all the features of the Partner Plus and
      241 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      821 18 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. A MEMBER OF
      821 words
    • Advertisement
      Page 18 Advertisements Column 2
      146 18 ha ve a /J; SLICE OF J BEAUJOLAIS j I From Nov 21 30, i Chef Claude Dailly from Macon, France will entice I with a cuisine created around the Beaujolais Nouveau if. Moo, «iQOA>OM*A!i»ur«» J -5- \?y/ar>dmr> LIJ JiWW*' hfemiuarfapnn. HlOrdardßoad Sm**oreo»2l T«l *****11 foaooabf prices. Every Saturday of
      146 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      826 18 TELEVISION AMP RADIO HI P SBCI2 IZZSL. BUSINESS OW RADIO ijKllllpy lUn 7.30 AMCNHtatornatkmal.U 52 ST 70Se!!l osJ!'lo9aar y 8.30 Close. 830 Candid Cwwri 7.05 CNN. 7.05 am, I.3optn, 5.05pm, I.USJIH. lfT— mm h Mim h 1111 l /111 MM 730 PM °P* nin B and Prosramme 900 Htws at
      826 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      161 19 AND ENTERTAIN (JUAb* < W^9 For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 6 N *?ZX.w£ Wheeling and dealing is best
      161 words
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      Page 19 Advertisements Column 2
      341 19 RjT BEEF DAY AT Mra' N |SH|K| M| J p 9 "Niku" in Japanese means meat, at the same time it also means "Two-Nine". On this same note, on every 29th of /<eS the month will be "Beef Day" at NISHIKI. You can now m enjoy a selection of beef
      341 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Selective blue-chip buys push index slightly up
      3980 20  -  By Schutz Lee SINGAPORE stocks closed mixed in thin trading yesterday but, boosted largely by selective blue-chip buying, the benchmark Straits Times Industrial Index moved up 7.04 points to close at 1,456.40 points. The broader-based BT Composite Index rose 3.08 points to 1,213.99,
      3,980 words
    • Article, Illustration
      HOT STOCK
      70 20  -  -By Chew Eng Han Comment The long-term picture for Parkway still looks good. Daily stochastics are also turning up, and this should lend support to the stock over the next week or so. Initial support at $1.44 has held well recently. Next strong base is around $1.18. Possible
      70 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3112 22 Gentings 50* 685 -H5 ->-2.2% YTL Corpn 50* 173 +8 +4.8% Hume M 304 6 ->-2.0% MISC Foreign 452 >4 +0.9% Sungei Way 208 +4 +2.0% Tasek Cement 272i +3 +1.1% Cons Plant 50* 128 +2 +1.6% Golden Hope 122 +2 +1.7% Leader U 372
    3,112 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices slip for third day in very thin trading
      4837 23 Bernama SHARE PRICES in Kuala Lumpur ended lower yesterday in dull conditions for the third consecutive day in limited activity mainly confined to speculative issues and cheaper-priced stocks. In continued thin trading, the KLSE Composite Index slipped 0.89 of a point
      Bernama  -  4,837 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      289 24 Cwpany Date YMr (rwp Nat Net urikp Grass mm to prtftt/toss (L) per slur* dividend (000) (cants) Beriaya Ind Nov 23 Apr 91 M$33.942($34.714) 81(104) 6(12) BurwiH Hldgs Nov 22 )un 91 HK$32,llls($30.081) 69(8 65(70) Material H Nov 22 Jun 91 $1.357($498> 4 9(18) 7TE(5TE) Wing Tai Nov
      289 words
    • Article
      PRELIMINARY RESULTS
      89 24 Ciim Date Ymt Gro«p pre-tax Net Minings Grow mr to pr«lit/lMS (L) par slur* divMcnd (*000) (CMta) Times Pub Nov 22 Aug 91 SS0.932($45.408) 295(23) 10(10) Ind Oiygen Nov 18 Jun 91 M$34.844($24.335) 3.8(3.1) -(4 5a) PJ Oev Hldgs Nov 11 Jun 91 M$527(J1.688L) SPH Nov 8 Aug
      89 words
    • Article
      INTERIM RESULTS
      352 24 CifM> Date Half-year Group pre-tax Inttrlm ann to profit/loss (L) divMotid COM) J Cement Nov 25 Sep 91 $5,718(11.839) Pelangi Bhd Nov 25 Sep 91 M$20.055 ($10,326) 6(—) MAS Nov 21 Sep 91 M$145.701 ($197,812) Malayawata Nov 20 Sep 91 M$25.836($26.388) 5TE (2 5TE) PMC Nov 20 Sep
      352 words
    • Article
      CORPORATE DEVELOPMENTS
      701 24 Nov 26 The Stock Exchange of Singapore has finalised plans to launch trading of depository receipts of regional securities on Clob International, starting with P T Gadjah Tunggal. Starting next year, the SES plans to commence trading of options on SES-listed stocks as well as warrants of Japanese
      701 words
    • Article
      DIVIDENDS ANNOUNCED
      745 24 Carraat Ex Boaks Date Total far Total far payaiaiit date cfaaa payakfa tha yea last yaar MS8 50c 12%(b) Dec 30 Jan 14 Jan 21 12% 10% Amtck Ei* 20c 6%TE Dec 5 Dec 11 Dec 30 12%TE 12%TE AnUh Hdp 50c 6%(b) Nov 21 Dec 5 Dec
      745 words
    • Article
      APPROVED ISSUES
      91 24 Company Rights Issue H Ntpri Oneftx-one $2 75 per share Ei-date Nov 12 Books dose: Nov 22 Acceptance Payment: NYA MM France Two-for-three <g, M$0 90 per share Ex-date Nov 1 Books dose: Nov 18 Acceptance t Payment Dec 27 Company Bonus Issue MM Franc* One-tor three Ex-date
      91 words
    • Article
      PROPOSED ISSUES
      566 24 Company Rights Issue km Pk imi Four-tor-sewn MgOjO per stare Wwci Ted> One-tor-one fc SI 00 per share. B*r>jyi Group Rights issue of $89m nomral amount 10% Irredeemable Convert** Unsecured Loan Stocks (CULS) on the bass of one for four Botai Issue of $90 978m nominal amount of
      566 words
    • Article
      COMPANY MEETINGS
      187 24 Lin Kim Ha Hokfcigs (M) Bhd: 9th AGM at Hofeday Villa Club, Subang Jaya, Selangor on Thursday, Nov 28, at 10.30 am. FA Parnate Bhd: 26th AGM at Asean Room, Holiday Inn On The Park Kuala Lumpur, Jaian Pinang, ***** Kuala Lumpur, on Friday, Nov 29, at 9am.
      187 words
  • CHARTING SERVICE
    • Article, Illustration
      Lock icon Trading with the help of indicators
      422 24 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      Charts by PONT  -  422 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Political uncertainties make investors stay away
      2380 25 Reuter SHARE PRICES yesterday rose in moderate trade with many investors still uncertain about the political situation, brokers said. The SET index ended 4.03 points higher at 668.60 on turnover of 2.50 billion baht. "Considering the current political situation, today's trade is quite satisfactory,"
      Reuter  -  2,380 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks close little changed in dull trade
      1117 25 Reuter JAKARTA stocks closed barely changed yesterday in another dull day. Prices remained under pressure from heavy selling but the lack of liquidity kept trading slow. Total turnover was 2.8S million shares, compared with Tuesday's 3.28 million. The official index cased 0.27 of
      Reuter  -  1,117 words
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      Page 25 Advertisements Column 1
      8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
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      Page 25 Advertisements Column 2
      75 25 TIME-BASED CHARGING STARTS DECEMBER 1 H your customers by announcing yowr tofl-froe phone services The Straits Times The Sunday Times Business Times The New Paper I Berita Harian H Berita Minggu Lianhe Zaobao Lianhe Wanbao Shin Min Daily News Friday Weekly Call our sales teams now to place your bookings:
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close at day's lows, below 23,000
      2631 26 Reuter TOKYO stocks closed at their day's lows after surrendering early gains on arbitrage unwinding to dip back below 23,000. Worries over today's options exercise, continued bad earnings results and a general lack of buying incentives also hit prices. "After a very quiet
      Reuter  -  2,631 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices slip on fears of China sanctions
      2542 26 Reuter SHARE prices ended softer across the board on fears that the US will impose tough trade sanctions against China, brokers said. The blue-chip Hang Seng Index finished 22.80 points down at 4,179.30. Brokers said market sentiment was also dampened by news that
      Reuter  -  2,542 words
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  • REGIONAL STOCK MARKETS
    • Economic fears push Aussie stocks lower
      • Article
        INDICES & TURNOVER
        79 27 INDICES TURNOVER (lose Previous Nov 27 AUSTRALIA All Ordinaries Index 1.618.5 1.620.2 -1.7 All Industrials Index 2.535.3 2.540 5 -5.0 All Resources Index 919 7 919 0 -0.7 Turnover (million) unav 110.5 NEW ZEALAND NZSE-40 Capital 1.517.56 1.514 34 3.21 MANILA Composite Index 1.094 99 1.090.07 ♦-4.92 Turnover (million) 2.020
        79 words
      • Article
        AUSTRALIA
        869 27 THE AUSTRALIAN share market closed marginally lower yesterday amid continuing concern about the economy. After rising more than eight points, the key index fell back in trade interrupted by a power failure at the Australian Stock Exchange. Brokers said the breakdown slowed and confused trade, but slight gains on
        869 words
      • Article
        MANILA
        523 27 SHARE prices closed mixed yesterday on restrained buying and a heavy sellout in secondary issues. The Manila Stock Exchange Composite Index inched up 4.92 points to close at 1,094.99. The market opened stronger but a sellout of Interport Resources issues near the close of trading triggered a negative mood
        523 words
      • Article
        TAIPEI
        500 27 TAIWAN share prices ended lower across the board yesterday on late selling after investors became disappointed with the market's failure to break above a narrow trading range in recent days, brokers said. The weighted index dropped 58.62 points to close at 4,471.00. Turnover was an active NT524.9 billion against
        500 words
      • Article
        SEOUL
        765 27 SHARE prices finished virtually unchanged yesterday in lacklustre trading on the Korea Stock Exchange. The composite index of the exchange, which fell 7.06 points to 649.32 on Tuesday, slipped 0.29 points to close at 649.03. Losers outpaced gainers 410 to 193 among the 801 issues that changed hands. Volume
        765 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 27 la local carreacy la SS la U! SS day year day year day year No* 26 Index change change change change chaage chaage World 395.8 0.6 10.5 0 1 4.9 0.0 10.1 fEAFE 506.9 0.5 7.8 0.0 2.5 -0.1 7.7 Europe ...413.2 0.8 13.4 0.3
        365 words
      • Article
        NEW ZEALAND
        424 27 CONTINUED strength by Carter Holt Harvey and a recovery by Fletcher Chal- lenge yesterday helped the New Zealand l I bourse end nominally higher, just above' i its day's low. i J But brokers said the market's perfor*' mance was lacklustre, and they cited the slight turnover of
        424 words
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  • US stocks close firmer after late recovery
    • Article, Illustration
      NEW YORK
      1408 28 LARGELY on the strength of a promised restructuring by IBM Corp, the Dow Jones Industrial Average recovered on Tuesday from a 52-point tumble to finish the day up 14.08 points, at 2,916.14. IBM said on Tuesday that it would take a fourth-quarter USss3 billion (554.95 billion) charge and
      1,408 words
    • Article, Illustration
      LONDON
      820 28 SHARE prices in London ended higher on Tuesday but below the day's best levels, as encouraging German interest rate news was tempered by a weaker Wall Street. "The market got 27 points ahead on the FTSE index and consolidated. As long as Wall Street doesn't fall out of bed,
      820 words
    • Article
      Untitled
      197 28 Nov 26 Clow Previous NEW YORK Dow Jones 2,916.14 2,902.06 +14.08 SAP 500 377.96 375.34 2.62 Turnover (million) 213.8 175.9 +37 9 LONDON Financial Times 30 1,887.7 1.876.3 +11.4 FTSE 100 2.471.5 2.456.2 +15.3 Turnover (million) 547.9 416.4 +131.$ FRANKFURT DAX Index 1.602.87 1.589 16 +13.71 AMSTERDAM EOE Index 277.67
      197 words
    • Article
      AMSTERDAM
      249 28 SHARES on Tuesday closed ahead but well below the day's highs as a thin Amsterdam bourse tracked the dollar and Wall Street, surrendering most early gains just before ending. The 25share EOE index closed at 277.67, up 0.99 points but below the day's peak of 279.26 reached in the
      249 words
    • Article
      FRANKFURT
      214 28 GERMAN shares held on to their early gains on short covering and moderate institutional buying to end a quiet Tuesday session just above the psychologically important 1,600-point level on the DAX blue chip index. Wall Street's better than expected performance triggered some early buying. while positive corporate news pushed
      214 words
    • Article
      PARIS
      189 28 THE PARIS stock market headed upwards on Tuesday, wiping out some of last week's 6.7 per cent dive as the CAC 40 index ended the day 1.48 per cent higher than Monday's finish at 1,768.97 points. The market was encouraged by a fall in French short-term interest rates to
      189 words
    • Article
      MILAN
      280 28 INSURER and telecom stocks on Tuesday pushed Italian shares higher, in better volume, leading some brokers to voice hopes that the market might be about to rouse itself finally from its stupor. "Perhaps something is beginning to move after months of virtual paralysis," said one broker as the MIB
      280 words
    • Article
      ZURICH
      243 28 SWISS shares ended a moderately active Tuesday session about one per cent higher, helped by a technical recovery and bargain-hunting after Monday's almost one per cent fall, dealers said. Wall Street's firm opening supported sentiment, as did the firmer Frankfurt bourse. The market ignored slightly higher money market rates.
      243 words
    • Article
      STOCKHOLM
      82 28 PRICES on the Stockholm bourse closed sharply up on Tuesday, supported by steady Wall Street and Tokyo gains. Sharply higher interest rates after Tuesday morning's Central Bank move had no impact on share prices. The bourse's general index closed 1.34 per cent up at 936.70 in moderate turnover of
      82 words
    • Article
      JOHANNESBURG
      392 28 SHARES on Tuesday closed lower in thin trading on the Johannesburg Stock Exchange. The All-Share Index eased three points to 3,536. The Industrial Index was II points up at 4,220, but the All-Gold Index eased 19 points to 1,255. Heavyweight gold share Vaal Reefs closed 4.25 rand lower at
      392 words
    • Article
      TORONTO
      247 28 TORONTO stocks made a half-hearted recovery on Tuesday to end mixed after tagging behind see-saw action in the Dow Jones Industrial Average most of the session, dealers said. A restructuring plan by IBM helped boost the market from midday lows. The TSE 300 officially ended up 4.85 points at
      247 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar weakens against mark in late Asian trade
      1215 29 REPORTS ASIA Tokyo: The dollar eased against the mark in late Asian trading yesterday after wavering in narrow ranges for most of the afternoon session. The dollar softened against the mark after former Bundesbank president Karl Otto Poehl said that high
      1,215 words
    • Article
      INTERBANK FOREX RATES
      383 29 Cress rates Nov 27 USS SS MS Dm Yen SFr AS NZS USS 1.6595 2.7435 1.6110 129.55 0.5631 1.4265 1.2715 1.7699 SS 0.6026 1.6532 0.9708 78.0657 0.3393 0.8596 0.7662 1.0665 MS 0.3645 0.60 0.5872 47.2207 0.2052 0.5200 0.4634 0.6451 Dm 0.6207 1.0301 1.7030 80.42 0.3495 0.8855 0.7892
      383 words
    • Article
      MONEY MARKET
      525 29 Interbank rates SS Bid Offer Overnight 3 1/8 3 1/4 1-month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 3-month 3 7/16 3 9/16 Overnight mode: 3-5/16 USS Bid Offer 7 days 4 13/16 4 15/16 1 month 4 13/16 4 15/16 2 months 5 5 1/8
      525 words
    • Article
      Lock icon EC aiming for single currency at Dutch summit
      642 29 A treaty would pave way for European central bank to manage ECU AFP BRUSSELS A single currency for European Community (EC) countries managed by a European central bank is one of the main targets of an EC leadership summit at the Dutch
      AFP  -  642 words
    • Article
      FINANCIAL FUTURES
      1158 29 SIMEX EWHHMMI AW Open High Low Sett Est Vol Op/lnt Vol Dec 91 95.07 95.08 95.05 95.05 3500 ***** 164? Mar 92 95.26 95.27 95.25 95.25 5408 ***** 4107 Jun 92 95.06 95.07 95.06 95.06 2615 8931 1807 Sep 92 94.77 94.78 94.76 94.77 1425 4206 1016 Dec
      1,158 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Opec to carry over output ceiling for first-quarter 1992
      394 30 Reuter VIENNA Opec has sewn up the first quarter with a rollover, but is trying to settle broad principles of how it will cut oil output once the northern winter is over. While the Organisation of Petroleum Exporting Countries will not
      Reuter  -  394 words
    • Article
      Lock icon Indonesia may soon be net oil importer: Pertamina official
      309 30 Reuter DUMAI, Indonesia The growth of domestic fuel consumption threatens to turn Opec member Indonesia into a net oil importer before long, a senior official of the state oil firm Pertamina said. Sukohendrarto, the head of Pertamina in Dumai in Sumatra,
      Reuter  -  309 words
    • Article
      Singapore rubber up on talk of Inro intervention
      829 30 REPORTS SINGAPORE rubber prices yesterday closed steady to slightly higher amid speculation that Inro might soon intervene to prop up weakening rubber prices, dealers said. RSS-1 December buyers closed at 131.75 cents a kg, up 0.25 cent from Tuesday's close while TSR-20
      829 words
  • Article
    PRICES
    1210 30 Rubber Nov 27 J MS (>»> hi fcalw) S cents/Vg I Noon Close Int I RSS Prompt I3I.50M 32.50N I32.2V133.25N J Int I RSS Dec 91 131.00/131.50 131.75/132.25 lnt I RSS Jan 92 132.50/133.00 133.25/133.75 I Int 2 RSS OP 129.50/131.50N I30.00/I32.00N J Int 3 RSS OP 127.25/128.25N 127.75/128.75N
    1,210 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      449 30 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I. Hal Yin Dto* Trading Pte Ltd of 6001 Baach Road #1306, Goidan Mila Tow or Singapore 0719 hereby give notice that in consequence of the Intended of purchase and change of ship's name from Japanese Flag to Singapore Flag. I
      449 words
    • Advertisement
      Page 30 Advertisements Column 2
      474 30 f OFFICIAL NOTICE 1 I Oxford Jay International Pte Ltd of 2 Kitchener Road #01-81 Singapore 0820 hereby give notice that In consequence of change of ship's name I have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of
      474 words
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      Page 30 Advertisements Column 3
      13 30 Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      13 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1126 31 CMy FVgM ETA FUght ETO Aha Dhabi GA887 1415 GA894 2340 GA975 1300 AiilaHi QF081 1820 QF005 2010 SQ228 2040 tawtfdiw SQ23 0700 KL834 2305 KL833 0955 GA975 1300 AwcUand NZ25 1530 BA11 1225 NZ28 1645 SQ325 2215 tahriia GF148 0915 BaMpapaa GA525/ 1755 910 B
    1,126 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Saving the Sphinx
      610 31  -  LETTER FROM CAIRO Jr JF JF By Mimi Mann EGYPT is summoning experts from around the world to help save the Sphinx, the crumbling symbol of the "Land of the Pharaohs". At a conference early next year, they will have access to a host of data on
      610 words
    • Article
      MONEY CHANGER RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.299 1.315 Canadian dollar 1.446 1.461 NZ dollar 0.9300 0.9600 Sterling pound 2.9360 2.9510 US dollar 1.6340 1.6640 Local dollan to 100 units of foreign cwrency Austrian schilling 14.50 16.00
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      83 31 Duration Title Venue Organiser Tel Nov 24-29 The International Birmingham. The Building ********** Building Britain Trader Exhibition Construction Ud Exhibition Nov 26-JO 11th National Milan Trade Associazione 02/*****04 Health Fair. Italy Promozione Exhibition Mostre Duration Title Venue Organiser Td Nov 26-29 International Netherlands Koninklijke ********** Security Nedertandse
      83 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      204 31 6 One who can not keep off the snow? (6) 10 Reckon one name 11 Painful condition I IBM 12 Dog in office 13 Bridge, for exsign of those not quite gentlemen (6) 21 Colour-sergeant, say, in I I I I I I_L J Spanish dance ■BP"~H 23 Standard ideas
      204 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      163 31 Singapore Outlook: Showers over several areas in the aftemooa. Report Maximum temperature 30.4 Assoc humidity 77% Minimum temperature 23.6 Assoc humidity 93% Hours of sunshine 3.90 Rainfall in mm 5.0 Rainfall this month 100.8 Rainy days this month 14 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/12 Goudy Bangkok 33/22 Sunny
      163 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      26 31 hAfa&miiMWWa RNpTwvT M/usopil -cs: f X OnpiRKS TVC SR3T.. wcxrorrieME v "VII iE T 17gf Jlfeßgig MSssSfSvs JB^fewWW.o USC UILL PuLL up ASSOCIATEDM£WSFA«RSItd mMMt l KM
      26 words
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  • Article, Illustration
    Lock icon Khieu Samphan leaves Cambodia after mob attack
    372 32 Khmer Rouge leader flown back to Thailand Agencies PHNOM PENH Khmer Rouge leader Khieu Samphan, battered and bloodied by an angry mob screaming "kill, kill, kill", fled back to Thailand yesterday just hours after returning to the Cambodian capital which his revolutionaries turned
    Agencies  -  372 words
  • Article
    Chatichai vows political comeback to defend reputation
    330 32 BANGKOK Former Thai prime minister Chatichai Choonhavan, faced with forfeiture of his "abnormally acquired" assets, yesterday pledged to stage a political comeback to defend his reputation. "I've wanted to retire from politics to lead a quiet life but now I've had more than
    330 words
  • Article
    Lock icon Many S Korean firms to cut investment: poll
    170 32 Reuter SEOUL Mounting financial difficulties will force many South Korean manufacturing companies to cut investment next year, a poll conducted by a leading financial newspaper has shown. Of 182 manufacturers polled by the Maeil Kyungje, 45 J per cent said they would
    Reuter  -  170 words
  • Article
    Lock icon India may set up national gold bank to raise cash
    352 32 Reuter NEW DELHI India is proposing setting up a national gold bank to tap private bullion holdings, perhaps the largest in the world, to help ease its external payments crisis. Finance Minister Manmohan Singh told Parliament on Tuesday that the
    Reuter  -  352 words
  • Article
    Lock icon Israel agrees to bilateral peace talks, but with conditions
    413 32 AFP JERUSALEM Israel has agreed to attend bilateral Middle East peace negotiations in Washington, Foreign Minister David Levy announced yesterday. But an official source reported that the government had proposed to the US that the talks start on Dec 9 instead
    AFP  -  413 words
  • Article, Illustration
    East can meet East in a new Europe
    798 32  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament BORN in 1947, I grew up in a divided Europe. That division, called the Iron Curtain and symbolised by the Berlin Wall, was totally
    798 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      94 32 Nikon The World's Finest Photographic System r h The Tradition Of BiANcmiN JflL JfOL BlancpaiN ■_H-Jbcr _-j|« ILW Sing*port THf H(XJR CLASS Lucky Pla/a Tel *****20/1 Scons fe) 2 i*****/714fl entrepomi lel *****98 Peninsula Pta/a Tel *****09/J***** J Palais Renaissance Tel: *****62/543 Raffles Tel 3 *****1 hangi Airport Terminal I
      94 words
    • Advertisement
      Page 32 Advertisements Column 2
      8 32 News analysis: Out of peace proccss? Pg 9
      8 words
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      Page 32 Advertisements Column 3
      74 32 Nikon The World's Finest photographic System CRYSTALS BRANDED_CRYS]ALS JfflPrfptfS L j/SSffili r gqin^?C^JjJW- STUFFED TOYS CA RETS PERSIAN CARPETS PORCELAIN FIGURINES. LONDON TEA, STATIONERY. JIGSAW PUZZLES. CHRISTMAS DECORATIONS MANY MORE DISCOUNT FROM 50% —90% 60A Martin Road #01-03 Central Merchandise Distribution Centre Singapore 0923 (formerly Singapore Warehouse) Off Rivervalley Close
      74 words
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  • Shipping Times
    • Article
      Special rates for early-bird cruise lines hubbing here
      573 33  -  Seatrade Asia Pacific Cruise Convention By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) is willing to discuss special rates and arrangements for cruise operators who sign up early to hub in Singapore. At yesterday's Seatrade Asia Pacific Cruise Convention, Cdre
      573 words
    • Article
      Lock icon Boeing to consider 3 superjumbo jet options
      422 33 Reuter SEATTLE Boeing Co's Commercial Aircraft Group said it is considering three separate designs for a possible supeijumbo jet and might even produce two of the three if demand is strong enough for separate versions. "We're not ruling that out at this time,"
      Reuter  -  422 words
    • Article
      Major operator can only start up in '93
      222 33 SINGAPORE Major cruise operator Royal Caribbean Cruise Lines, which has plans to launch cruises to South-east Asia, can only expand into the region from late 1993. Mr Adam Goldstein, Royal Caribbean Cruises (RCC), vice-president, international sales marketing, told BT that while the
      222 words
    • Article
      Lock icon Taiwan paves way for links with China
      152 33 AFP TAIPEI The government here has decided to work out a special route for Chinese ships and passenger planes to pave the way for future direct air and shipping links across the Taiwan Strait, a top official said on Tuesday. "We will assign
      AFP  -  152 words
    • Article
      INDEX TO ADVERTISERS
      903 33 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank Line
      903 words
    • Article, Illustration
      Unitor may set up local chemical blending plant
      376 33  -  By Selva Kumar SINGAPORE Singapore is a likely location for one of three new chemical blending facilities that Norwegian ship service company Unitor A/S is planning. Unitor, which now has three blending facilities in Europe, wants to add another three two in
      376 words
    • Article
      Details of Port Klang takeover not finalised
      261 33  -  From J Jimmy Yeow in KUALA LUMPUR DETAILS of the takeover of Port Klang by the Kelang Port Management Consortium under the second phase of its privatisation plans have yet to be hammered out. Klang Port Authority (KPA) chairman, Datuk Michael Chen, said
      261 words
    • NEWS SUMMARY
      • Article
        Problems facing French shipping
        30 33 FRENCH shipowners have plenty of issues to deal with recently, ranging from the situation of French ports to the survival of state-owned line CGM Pace 2
        30 words
      • Article
        EC clashes with five airlines over fares
        45 33 THE European Commission was expected to spark off a confrontation yesterday with British Airways and four other European airlines by trying to force them to cut business class fares between the UK and several European cities Back Pace
        45 words
      • Article
        Soviet spies seeking US economic secrets
        33 33 SOVIET spy ships have ceased gathering military intelligence off California and are now focusing on amassing economic intelligence around Hawaii, a newspaper said on Monday. Back Page
        33 words
      • Article
        Experts not happy with Channel tunnel safety
        55 33 WITH JUST 20 months to go before the opening of the Channel tunnel, there are still doubts about its safety measures and procedures, experts said on Tuesday. Eurotunnel, the operator of the tunnel, said it was still engaged in talks to get approval
        55 words
    • LOG BOOK
      • Article
        Philippine ship cancels SOS in S China Sea
        72 34 LONDON The Philippine flag vessel Halcyun has cancelled an earlier distress signal and is proceeding on its voyage, Lloyd's Shipping Intelligence Service said on Tuesday. Earlier the same day, the 36,318-dwt vessel issued an SOS message and said it was on fire
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      • Article
        Norwegian tanker refloated
        35 34 LONDON The 12,444-dwt Norwegian oil/chemical tanker Oh/ Trader, which ran aground in the River Parana last Saturday, was refloated the same day with tug assistance, Lloyd's Shipping Intelligence Service said on Tuesday.
        35 words
      • Article
        Moody's affirms debt
        105 34 NEW YORK Moody's Investors Service on Monday said it affirmed at Baa-3 the senior debt, at Prime-3 the commercial paper, and at Ba-2 the subordinated debt of McDonnell Douglas Corp, affecting about US$B5O million (S$ 1,400 million) of debt. Moody's cited news that the firm reached a
        105 words
      • Article
        Soviet plane crash near Urals
        76 34 MOSCOW A Soviet passenger plane crashed early on Tuesday while landing at Bugulma Airport near the Ural fountains, killing more than 30 people aboard, Soviet media reported. The Antonov-24 plane was flying from the Siberian city of Nizhnevartovsk to Bugulma, west of the Urals, the
        76 words
      • Article
        Volkswagen lowers retail prices
        69 34 AJWBURN HILLS, Michigan Volkswagen of America on Monday said it lowered its 1992 manufacturer's suggested fetail price by US$555 (Ss9l9) to U5516,995 on the Passat GL, its mid-sized family sedan. It also trimmed the suggested price on the Passat wagon by US$5BO to U5517,390. Jt said
        69 words
      • Article
        TeleDanmark, Maersk in tie-up
        100 34 COPENHAGEN Danish telecommunications group TeleDanmark and the Maersk Data A/S company, a subsidiary of the Danish AP Moeller group, announced plans on Monday to work together on the international telecommunications market. They will establish a joint venture on Jan 1 called femanet A/S which will supply
        100 words
    • Article
      DAILY FREIGHTS
      921 34 i>RY CARGO charter rates on Tuesday were steady but a two point drop in the Baltic Freight index to 1,600 was disappointing to owners, brokers said. Sentiment continued to fake support from Soviet grain credits enhanced by news tfiat the European Commission has signed a 500 million European
      921 words
    • Article, Illustration
      Problems facing French shipping
      1149 34 French shipowners have plenty of issues to deal with recently, ranging from the situation of French ports to the survival of state-owned line CGM THE FRENCH shipowners' association (Comite Central des Armateurs de France, CCAF) recently held its autumn press conference. With regard to the general
      1,149 words
    • Article
      COCKETT BUNKER MARKET REPORT
      837 34 THIS twicc weekly report, compiled by Cockctt Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      837 words
    • Article
      THE SHIPPING GUIDE
      9397 42 This is a list of ships loading Ball at Singapore for ports around ve the world. It tabulates, by destination, the name of the No ship, the shipping line in- Eit« volved and the estimated dates of arrival and departure sh( from the Port of Singapore. Sea
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    • Article
      SHIPPING AGENTS
      3322 47 A™ Agencies Pie Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord Crap: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris B—itw Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) A break id Liner Service: Kim Shpg A Trdg(S). Alhatros Sea-Air Service: Praia Shpg Pte Ud (S). Alfred
      3,322 words
    • Article
      COURIER SERVICES
      258 47 Abacus Couriers Tel: 545-8011. Fa*: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. CHy-Liak International Td: 344-3377. Fax: *****50 Cluster link Supplies A Services
      258 words
    • Article
      AIR FORWARDERS
      1570 47 Abe* Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activmir Singapore Td: 542-7822: Fax: *****20. Aero!ink Freight International Tel: 545-803XFax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
      1,570 words
    • Article
      PORT CONDITIONS
      2960 48 ARGENTINA Labour working normally this week. Buenoa Aires: Port busy throughout the week; no congestion but some waiting time for container vessels as there is only one berth with gantry crane available. San Lorenzo: Four vessels in port of which 3 loading pelletised meal, 1 grain, 3 vessels
      2,960 words
    • Article
      SHIP SALES & TANKER RATES
      997 48 SHIP SALES TANKER RATES VESSELS ON OFFER B«rik Ciiln i AnoHani: 72,073 dwt and built Sept 1975 Ishikawajima, on offer for USSII,OOO,OOO. Seafclcon: 66,289 dwt and built 1974 Hakodate, on offer in region of U559,500,000. Owners are definite sellers. Agioa Minos: 63,018 dwt and built Nov 1975 B+W, on offer
      997 words
    • Article
      AIR FREIGHT SCHEDULE
      555 48 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 I SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 I TYO NWA NW901
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      502 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep N—e of Vcwd ETA ETP Porta of Calls Port Aft* NOV 28 30 Song of Flower 0800 1800 Cruise-To-Nowhere Neptune Agencies 29 29 Andaman Princess 0900 2000 Cniise-To-Nowherc Lines Intl Holding 29 29 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson ■EC 01 01
      502 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        591 49 Hi Brti fcrtwl Departat Batam Baru B108 M05 27.11/2300 Batam Sayang *****1 M04 a*x*sxle 28 11/0500 Batammto 1 126S M01 aiw*side 27.11/1700 Citra Jaya *****1 M05 alongside 27 11/2300 Elan ***** M02 alor«side 27.11/2300 Emiy 9112 M02 2711/1800 Wuthctai 018 M04 akM«side 27 11/2300 2m Yaw 06/91
        591 words
      • Article
        IN MALAYSIAN PORTS
        262 49 ft, t KWOrf rOTX B«1h: 1: Barge Kuala Stak; 2: Hua Yue; 3: Yan An Wu Hao; 4: Bangkok Navee; 5: Caly, Shikishina Maru; 6: Bunga Penaga. 01 jetty: Maritime Pride, Global Venus. DCJ: Gaz Pacific, Bunga Kiambang. Ow or Nov 27: Bow Spring, Bum Ju. Barge
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        CONTAINER SCHEDULE
        829 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balanco Rslts SMp Voy No Etb/Btr Mod From To From An Adelaide ***** 28/1*30 2 26/1700 27/0659 27/0900 4 27/1200 27/1459 27/1700 Annapuma 197 29/0300 4 27/1200 27/1459 27/1700 Anson *****N 27/2300 2 26/1700 27/0659 27/0900 3 Cancelled AMM
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      Lock icon EC clashes with five airlines over fare increases
      424 50 Demand for fare reductions a test case FT LONDON The European Commission was expected to spark off a confrontation yesterday with British Airways and four other European airlines by tiying to force them to cut business class fares between the UK and
      FT  -  424 words
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      Lock icon Soviet spies seeking economic secrets: US defence experts
      316 50 AP SAN DIEGO Soviet spy ships have ceased gathering military intelligence off California and are now focusing on amassing economic intelligence around Hawaii, a newspaper said on Monday. According to an article published in Tuesday's editions of The San Diego Union. Soviet
      AP  -  316 words
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      Lock icon Experts not satisfied with Channel tunnel safety systems
      247 50 Reuter LONDON With just 20 months to go before the opening of the Channel tunnel, there are still doubts about its safety measures and procedures, experts said on Tuesday. Eurotunnel, the operator of the tunnel, said it was still engaged in talks
      Reuter  -  247 words
  • Page 33 Advertisements
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      26 33 Lines and unricti npfimtMl Mirtiri tf Um Registry ef Accredited [fffMlVl Stripping Afwtt. jingifoff National Shipping Association. j /•Vw advertising enquiries, contact Shipping Times: lei 74()-2<m/7qh2(m
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      169 33 the jji FAMOUS I tmmmk/ \mt.r inflate KE9M3224 1833 For more information please refer to P(. 13 A* forwarders 15 Ar Frwght Schedule 16 Cochett Report 2 Container SctwMe 17 Couner Serwces 15 Cruse I Ferry Schedules IS Daly 2 Index to Advertisers 1 Port Condrtnm 18 Shwng Vents 15
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      31 34 %gte P.TPALMA PROGRESS SHIPYARD PALKAUTAMA SHPPING PTE LTD RC&d Ch^TtpOillt 1 10 Anion Rd 123-04 International Plaza wwv» r Singapore 0207. Tal: 226 0318 T>HP in 151 i every Saturday -4
      31 words
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      1822 35 OOCL (S) PTE LTD JAROME SHIPPING AGENCIES till## TEL: *****11 FAX: *****09 All Iff BOOKINGS TEL: *****34 *****58 ■TM yK? TERMINAUCFS TEL: *****18 220 F DQfififl r] I PESAKA JAROINE SHK>PING AGENCIES SON. BHD M POfUKELANG TEL: *****18 FAX: *****91/*****88 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 MMM| Dedicated
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      1919 35 TRANSPORT DIARY Dec 3-5: Mari-Chem 91 Conference in Cologne, Germany. Organised by Petamgas Maritime Services. For further enquiries. td: 223-6118. 223-9108 or fax: 223-9929, 223-9387. Dec 3-7: Marintec China 91, organised by Seatrade at Shanghai Exhibition Centre. Shanghai. Peoples Republic of China. 1992 Feb 21-24: Air Traffic Services in the
      1,919 words
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      Page 35 Advertisements Column 3
      1528 35 WEEKLY SAILINGS TO USA SEALAND EXPRESS VOY. 166E ETA SIN 3/12/91 MAREN MAERSK VOY. 9202 ETA SIN 3/12/91 Vaaaal Voy ETA I ETD FMdw by DESTINATIONS Johanna to This wNk Mar an Maarsk 9202 CY 3/12 0800 has Port BHN H HI^H CFS 2/12 2359 HRS Kaiang Panang OAK LQB
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      982 36 ROTTEDAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KASUGA I 18/147 28/11 21/12 17/12 18/12 jWflB DRESDEN EXPRESS 02/347 1/12 18/12 20/12 23/12 IiUU KAMAKURA 20/148 5/12 28/12 26/12 23/12 MONTE ROSA 16/348 8/12 30/12 28/12 26/12 lELBE 08/149 12/12 4/1 2/1 30/12 PRLfSfSftJ^Mg, LEVERKUSEN EXPRESS 04/349 15/12
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      753 36 SEASPAC SERVICE DWECT SOUTH PACFIC SERVICE SIN NOU SUV PPT I COPIAPO 3002E0 27/12 12/1 15/1 21/1 ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA ft NUKUALOFA MRECT CHILE/ SOUTH AMERICIUI SERVICE SIN IQQ ANF VAP CLX COPIAPO 3002E8 27/12 3/2 4/2 10/2 11/2 ALSO ACCEPTWG CAHCO TO
      753 words
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      Page 36 Advertisements Column 3
      1458 36 Kj3 WRAWfI iMBi REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUNb MR EUROPE VSL/VOY SM ALC Ba HAM BRE ROT ANT FEL LHA (RA (RA (RA ALG) HAM) ROT) CHMA SEA 13SR 02/12 22/12 24/12 27/12 29/12 26/12 30/12 29/12 30/12 NORASIA SJNGA 9139-3 01/12 29/12 31/12 04/01 06/11 05/01 07/01 06/01
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      1955 37 figSteomers Maritime Holdings Ltd P&O fIFTV STRAITS SHIPPING Containers ggaSTJa."-^ Vay Na Kl| HKonf #fW S par* Aif Sou Ant lo< Hkf Ifßf MAERSK Sll4 22/11 24/11 21/11 27/11 12/12 15/12 10/12 11/12 ACCEPTS OIK MIS IMll OAT 0571 29/11 24/11 02/12 19/12 21/12 23/12 CARGO LMOOE MAERSK 9114 10/11
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      Page 37 Advertisements Column 2
      1997 37 j i i fwrf mrWMMmmSm TO: U.S.A./PANAMA Wfc U.B.AVPANAMA W»ttl/W>T 9 OA* IM CM FDO Ui NOP WTC WS«/WT NTC NOP «g» CM t« OM CHOI UK ***** tHST 1713 2J/12 20/12 4/1 »/l 11/1 12/1 AMMAN KMTOO OKI l»/M 10/10 20/10 2S/10 »/H 4/11 4/12 DM KMTOO 1F202 7/12
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      Page 37 Advertisements Column 3
      351 37 s STRAITS/ JAPAN/ STRAITS! SERVICE LOADIHC FOR TAKAMATSII/ HIMEJI/TOKYO SEKI AKEISHI V6B i '.4 ETA SPORE 4/12 ETA PK 6/12 4 IMLintermaritime j SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK VOC PK PI DBN CT GLOML SWOta VIM SU 84 M M k« V*] > mi mr n/u 1/1 «/i
      351 words
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      525 38 mi CR NBR **********0-0 EXPRESS SERH-€ONTAINERSHIP SERVICE Tl EUROPE ML/VOV I STOKE MMM/MMM HttJK MCMEN WTWW 9MUAYA/33N8 13/12 13/1 17/1 22/1 25/1 KUTM/24N8 31/12 4/2 5/2 13/2 18/2 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject lo Inducement Ahiy tcctpflnfl c ifqo to CimMidci, Pott Said. Port Alexandria, Genoa, Trt>l».
      525 words
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      Page 38 Advertisements Column 2
      1258 38 HANJIN SHIPPING LINE HAUL IN NTC HANJM LE HAVRE 015€ 1/1? ORECT 77/1? 76/17 FISMGWWO MY INN 7/17 H. KOBE 034E 9/1 10/1 12/1 HMUM ELIZABETH 007 C 9/17 ORECT 79/17 30/17 HANJIN C*JU 07«E 9/17 M PLEASURE 073 C lt/1 17/1 19/1 HANJM VANCOUVER 007E I 16/17 DRECT 6/1
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      Page 38 Advertisements Column 3
      1188 38 y j —I, T I Kl SfiP «C HSC Kl6 M HIT 08 Kl 96 TVO lAI CHS OAL NTC URf MM MM W «t PM CM PM MP I t GROWTH K-014 27/11 hPt 1/12 4/12 t/12 »/U U/12 12/12 U/12 14/12 IVI2 27/12 1/1 11/1 12/1 21/1 22/1
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      1897 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNEUNK TEL *****00 UK/EUROPE SERVICE *****19 USA SERVICE- *****16 AUST/INOIA/PAK SERVICE *****18 FAR EAST SERVICE :27 ***** mm mm TERMINAL OFFICE :*****22 DOCUMENTATION DEFT *****44/*****14 CF&MB2-IMPORT 2226&369/*****60 CFS: MB2 EXPORT *****83/*****04 I NEPUNE SDN BHD MALAYSIA K.L.-403) *****33, P.
      1,897 words
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      Page 39 Advertisements Column 2
      1024 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTO BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—OtSCHARGMG WESTBOMC—LOAOWG UMIBHWB) DM WOTTHMWM I wsxis ww |>u |«6 ww |i |m |>«s [mw |h
      1,024 words
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      Page 40 Advertisements Column 1
      1485 40 K-W J?* AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: ********** M) > W W V A TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD I JL HLi JUf JL JJ# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■■1 KAWASAKI KISEN KAISHA,
      1,485 words
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      Page 40 Advertisements Column 2
      1262 40 ®5S PHIU-OMCNT UN€S PTC LTD i 108 Robinson Road 107-00 GMG BuMlng Singapore 0108 T#,: *****22/*****69/*****00 Talax: RS ***** PHILI FAX: *****7W*****38 AIR, LAND OR SEA IVE TAKE ON THE WORLD FOR YOU gg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 DEC DUBAI, OAMMAN. SHARJAH. DOHA. 2 DEC MONTREAL. OTTAWA.
      1,262 words
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      Page 41 Advertisements Column 1
      1073 41 ~siS'Pfl PACIFIC INTERNATIONAL LINES (PTE) LTD m m flhl PH- Budding, 140 Cecil Street #0300, Singapore 0106. IjAKAttTA ~l I BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN BUNOA TERATAI 4*3 1/12 3/12 «/12 PEOASUS PROGRESS 804N 20/11 2/12 0/12 EQUATOR MAS 2«N 4/12 8/12 11/12
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      Page 41 Advertisements Column 2
      1106 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Paris 426 28/11 20/12 22/12 Bunga Suna' 438 5/12 23/12 24/12 Nedlloyd Hoofn 436 7/12 28/12 Benavon
      1,106 words
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      Page 41 Advertisements Column 3
      464 41 M MYANMA H FIVE STAR LIME (Myanmar National Una) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gd| HP* Mi VI7ON 3/6 Dm pwya lUM 2/5 Dae 28/30 Dec PAGAN Vl76* 3/5 Occ PATHE* VIISW 5/7 Dac BANK LINE (A service of Andrew Wok Shipping) \\r SEMI-CONTAINER SERVICE HEAVY LIFT CAPAMUTY
      464 words
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      689 43 r ScanlXitoMT^ TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY WBBIWMa f XLAttO MHAMO OC«AM VIHL IN U HA»M«(1) rOAMffl yHAMWOWQ) www«) O MUMO (4) B. Saraia/W. BM* 1»/11 17/11 14/11 1«/11 CfiM Paria/424 MPI 24/12 22/11 toil/1. BM* 24/11 21/11 23/11 21/11 B. *OU/*3t 5/12 23/12 24/12 24/12 27/12 B. Saraia/W. Mm*
      689 words
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      Page 43 Advertisements Column 2
      643 43 J" NedNoyd MEDLLOYD MEDITERRANEAN 7 NediioydXines SERVICE OFFERS YOU W DAYS TO JEDDAH NEW ZEALMO/FIH I VESSEL Jkt M| fan **k Sn STiaya Auckland FijKA) lUljimM*(») Tlmani LrtWtwd) Ikpiv JMfcgtli(C) '"<• N Rouen/9129S 2/12 5/12 4/12 4/12 7/12 9/12 23/12 30/12 24/12 27/12 28/12 28/12 29/12 30/12 31/12 N Rochester/9130S
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      829 44 TO AUSTRALIA/NEW ZEALAND HS IFiwi IkWk |SrO Itock |WC IF CMALM aim mk m~ 2/12 j/12 14/12 u/12 23/12 n/u ■aus» »3 20/12 25/12 "171 »/i is/1 liTi C VCRttMi tU 7/1 14/1 i»/i 23/ 1 25/1 317 l Annrapta m »7i */2 11/7 15/2 «7i m/ 2 TO USA/CANADA
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      Page 44 Advertisements Column 2
      860 44 EXPORTS TO HONGKONG. TMNM. MANILA ft JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND VOT PKI FEN MI SH MM HK6 KAO KEE TYO SM7 NCO KOB II VESSEL <OY |SW |PKL PCN MSW TSK CHORUS 268 **2511 "27 11 27.11 30 11 412 612 11 12 12 12 13
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      Page 44 Advertisements Column 3
      225 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA vok ran kelanc pejmng BIUE MOE 1/12 Lo*)in| for Mile KUVAI NUDHU 15/12 Loading lot Calcutta OOUHM 14/12 loadint For Male nocn anas 10/12 Loading For Male OONAKULH IN PORT Loaded For Feinraru PROGRESS LKin IN PORT Loading tor
      225 words
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      Page 44 Advertisements Column 4
      1558 44 /to -iTi CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE NMATSU-S agents SMGAPORE'S GENERAL AGENTS NMNEMI AGENTS CHUNG CHIAO SHPPING SON BHD COSTAR SHAPING PTE LTD AL TEL: 4425M1/I7 FML 44ZSM2. ***** m-wSft<Ssl«3 INDONESIA MARITIME viik _tn uttlN/l 111 •IM ***** nHM/ZZlllll mitcj r, TELEX-RS 2SS3O/1 COSHP ET lEL (021)*****,
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      633 45 ijg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE *****33 24 LINES LiIASSOL/PREAUS 1/12 ROTTERDAM 2/12 HAIFA/ASHDOO/ALEXANORIA 1/12 HAMBURG/BREMEN 2/12 MARSEILLE/FRANCE 178 FEUXSTOWE/UK 2/12 BARCELONA/SPAIN 176 LEHAVRE/ANTWERP 2/12 GENOA/ITALY 30/11 GOTHENBURG/SCANDINAVIA 2/12 LOS ANGELES/WC/PI 2/12 SYDNEY/MELBOURNE 30/TI NEW YORK/EC 2/12 FREMANTIE 4/12 VANCOUVER 2/12 BRISBANE/ADELAPE
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      Page 45 Advertisements Column 2
      960 45 TEL: *****33 (12 Un*s) m FAX: *****15/*****03 QJ TELEX: R3 ***** RISHIP (3 Llims) irgTV ETHIOPIAN BWPPMG UHES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ANGHNET ?SWB 21/1? OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WON 7 31WB 30/0» OARESSAI AAM MOMBASA
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      Page 45 Advertisements Column 3
      478 45 JAKARTA BANGKOK I w I I w lira Iw I mmtm I mo BHUM 119S 30/11 3/12 HART* BHUM UN M PI 20/11 Smi l/ll MTI OHUM 10S 4/12 7/12 MRU BHUM MM hPt 20/11 Tm 3/12 120S 7/12 10/12 MAHA BHUM# 15* Sat 30/11 Tm 3/12 Km MM US
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      Page 45 Advertisements Column 4
      346 45 VBL VOV SMOAPOfK MADRAS StNOAPORK VESSEL VOY SM MM SM TIGER STAR 180N 28 29/11 05 07/12 13-14/12 TIGER BRDGE I«1N 04-05/12 11-13/12 10-20/12 TIGER SHARK Q4H 10-11/12 17-10/12 25-20/12 VSL VOY SXQAPOHE/CALCUTTA/SHQAPOHE VESSEL VOY SM CM. SM V" t TIGER RIVER 140CNB 03-04/12 10-14/12 20-21/12 EAGLE BREE2E 003 OC-07/12
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      1014 46 S'PORE IMPORT: *****02 1 I PENANG: (04) *****6 SIBU: (064) *****9 KK: (068 *****0 TAWAU: (069) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHINQ: (062) *****3 SURABAYA: (31) *****0 PK 1 1 1? 28/11 29/11 30/11 Hum Kang 28/11 29/11 30/11 Hong Kong 1/12 2/12 3/12 Hong Kong MADRAS 30/U
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      Page 46 Advertisements Column 2
      364 46 BLUE star line TO FROM EW ZEALAND AND T/S TO FIJI TO ANO FROM NEW ZEALAND PORTS SM Ml Ml ITT SM MUUBM 24S 11/12 23/12 VIA NTL 25/12 11/1 MftHSUM 0510 26/12 C/l VU NPL S/l 25/1 PROSPECT ICS 4/1 lt/1 VU NPI U/l 4/2 FULLY CONTAINERISED SAILINGS DISCHAROINO
      364 words
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      Page 46 Advertisements Column 3
      1126 46 THONG SOON UNES PTE LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE (MS TEL: 2Z***** FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA rasa |wt leta Ibest iksel m swe p. mm KIM SOON LI 39/91E
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      39 48 This information appears under an arrangement between Business Times and the Baltic A International Maritime Council (BIMCO) and is based on the latest reports from BIMCO members and agents internationally. Your Sundays are newer complete without The Sunday Phis.
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      109 49 i |WF lUlmpn Ir r I liii 11 1 "11 11 ,1 I 1 I 1 Scalpel...scissors...sutures~ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      292 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOllt 0000 0100 0200 0300 0400 0500 OCOO 0700 MOO *****000 HOI *****300 *****5001(**********1900 2000 2100 2210 2300 JR 09 14 19 2.2 24 2.4 22 18 15 1.3 1.3 14 17 2.1 26 29 29 2.7 2.4 18 1.4 1.0 08
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      808 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAWNE CO. LIP. EABTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fgna WT fCD Hi gl It HUM. WT KAO IBM OW S» UKJg* W TCM/gA HI NAN HM 201 N037 25/11 20/11 21/11 H. COMMMXJt 301 OS/12 23/12 20/12 21/12 10*0
      808 words
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      Page 50 Advertisements Column 2
      142 50 /»ess™ COWTMHER SOmCE 2 SAMJNGS/WEEKLY Sfl/PASW 6UPAHG/SW VESSEL SIN PG SIN SEA ADMIRAL V.PGOI6 1/12 3/12 3/12 SEA ADMIRAL V.PGOI7 7/12 7/12 8/12 VESSEL SM MADRAS 0. FAITH 911W 1/12 9/12 0. EXPRESS 144W 11/12 18/12 CONVENTIONAL SERVICE VESSEL ETA SM PORTS "BRITT ANN" 30/11 PANJANG/PK. BALAM "MACO ARABICA" 29/11
      142 words
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      Page 50 Advertisements Column 3
      731 50 ICHARTPOINTI Every Saturday in Business Times FREIGHT SERVICES PTE LTD£SJ MM M Established Skio* IM4 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Europe Port of Call Port-of-Call Los Angeles Rotterdam Chicago Genoa New York Hamburg (Accepting all inland Le Havre
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