The Business Times, 20 May 1991
1991-05-20
1
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The Business Times
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Title Section9 1991-05-20 1 BusinessTimes MCI (P) 16/12/90 Monday, May 20, 1991 75*9 words
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NEWS SUMMARY
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65 1991-05-20 1 BONN Chancellor Helmut Kohl, in his first visit to the US since unification, will tell his hosts today that his government is determined to remain America's "partner in leadership". He will also tell the Bush administration, including President Bush that German armed forces will65 words
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Article40 1991-05-20 1 DAMASCUS Syrian President Hafez al-Assad said yesterday there was still hope for achieving a Middle East peace settlement but only one clearly based on United Nations' resolutions. He accused Israel of blocking peace efforts.40 words
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Article27 1991-05-20 1 SINGAPORE is expected to be the focal point for Western Australia's food exports as well as a conduit for markets in South-east Asia Page 227 words
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Article34 1991-05-20 1 MALAYSIAN Foreign Minister Datuk Abdullah Badawi lashed out last Saturday at US Vice-President Dan Quayle for reportedly suggesting a proposed East Asian Economic Grouping could not succeed without the US Page 734 words
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Article24 1991-05-20 1 CHINA would not collapse if the US revoked its most favoured nation trading status, Chinese President Yang Shangkun said Page 924 words
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Article28 1991-05-20 1 THE building of the second causeway will bring Johor even closer to Singapore, says Johor chief minister Tan Sri Muhyiddin bin Mohamad Yasin. Page 1028 words
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Article34 1991-05-20 1 LEE TREVINO and Mike Hill teamed for seven birdies and an eagle last Saturday to stretch their lead to five strokes in the U*****,000 Legends of Golf tournament. Page 1334 words
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Article22 1991-05-20 1 A TRIBUTE to the late Rudolf Serkin, a man not just involved with music but possessed by it Page 1522 words
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Article33 1991-05-20 1 THE Port of Singapore Authority has maintained the steady build-up of its current assets portfolio, achieving a 3 per cent rise to nearly 52.5 billion last year Shipping Times Pg 133 words
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MARKETS SUMMARY
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Article24 1991-05-20 1 LIEN HOE Corp plans to develop an office block costing between Ms3o million and Ms4o million as its corporate headquarters Page 324 words
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Article26 1991-05-20 1 LION NATHAN has posted an improved profit largely because of its successful management of the former Bond Corp-owned breweries in Australia Page 426 words
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Article29 1991-05-20 1 PAN AM Corp said last Friday it lost U*****.2 million in the first quarter, compared with a loss of U*****.7 million a year earlier Page 529 words
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Article45 1991-05-20 1 THE US Treasury's plan to borrow US$llO billion to 115 billion during the third quarter may look hard to swallow to a capital market still digesting week before last's refunding, but it should succeed without causing significantly higher yields, economists say. Page 645 words
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Article30 1991-05-20 1 MALAYSIA'S natural rubber output fell 20,935 tonnes or 19 per cent to 87,378 tonnes in March this year from 108,313 tonnes in the previous month. Page 2230 words
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Article, Illustration27 1991-05-20 1 Friday Change BT-MGA 730.46 +6.86 Kuala Lumpur ....583.36 +4.49 Tokyo 25,701.94 +181.67 Hongkong 3,882.84 +23.18 Sydney 1,530.3 -13.5 New York 2,886.63 -7.38 London 2,453.9 -18.027 words
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Article22 1991-05-20 1 Exchange rates USS SS 1.7685 100 Yen SS 1.2834 M$ SS 0.6412 Money market rates Overnight 4-3/4 unch 3-month 5-1/8 unch22 words
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Article37 1991-05-20 1 London Gold AM fix US$354.95 -US$3.40 Rubber S'poreJune.. l46.00*/kg -0.25 M'sia June 225.50*/kg unch KL Tin Turnover 45 tonnes -25 Spot M$ 15.49 /kg -0.06 Crudo palm oil Turnover 1,475 lots +602 June M$772 /tonne -1137 words
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Article, Illustration566 1991-05-20 1 C K Tan - EDB may take stake in huge retail centre for fashion wear By C K Tan A HUGE Singapore fashion retail centre will be set up at the former Supreme House, now called Park Mall, and the government is considering taking an equity stake566 words
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469 1991-05-20 1 INFORMATION on United Industrial Corporation's investment losses in Japan was provided to Mr Anthony Salim but not to shareholders as the data was in a "state of flux" at that time. Acting under the instruction of UIC, Citicorp Investment Bank (Singapore)469 words
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232 1991-05-20 1 UPI TOKYO The United States and Japan remained divided after negotiating through the night yesterday on the semiconductor trade, but informal discussions were expected to follow, local reports said. The negotiations ended shortly before dawn after a marathon session devoted largely to US chargesUPI - 232 words
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163 1991-05-20 1 BUSINESS TIMES' investment race (Contest No 2) for readers starts today, with attractive prizes awaiting the winners. From today till Friday, money coupons "worth" $20,000 each will be available in 81. The first coupon appears on Page 10 today. Cut the five different coupons163 words
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495 1991-05-20 1 Selva Kumar - By Selva Kumar SINGAPORE Airlines' group profits fell in the last financial year as higher costs and sluggish traffic growth ate into earnings. The group managed to maintain its strong financial position, however. For the year ended March 31, group pre-tax495 words
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Page 1 Advertisements
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Advertisement158 1991-05-20 1 THF j VISIBLEJ^DIFFEREn„ PROFESSIONAL EYE CARE OPTKJt MRLS MIKI -v Plaza Smgapura Liang Court X Scocts Daimaru M j Marina Square Sunglasses Counter m m«< Aircraft Schedule 23 Market Reviews 18 Work) News 9 Analysis 10 Money Changer Rates 23 The Arts 15 Money Market 21 Cryptic Crossword 23 Prime158 words
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Advertisement133 1991-05-20 1 Dulux THE BETTER PAINT HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't afford to be late. So, wouldn't you rather travel on an airline that133 words
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HOME NEWS
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Article, Illustration316 1991-05-20 2 S N Vasuki - Republic will be springboard for exports to SE Asia From S N Vasuki in PERTH SINGAPORE will be the focal point for Western Australia's food exports as well as a conduit for markets in South-east Asia, according to Mr Ernie Bridge, Western Australia's Minister316 words
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328 1991-05-20 2 Magdalene Ng - By Magdalene Ng MEXICO and Singapore officials will sign two exchange agreements this week, a fol-low-up to Senior Minister Lee Kuan Yew's visit to the Latin American nation earlier this year. Mexican counsellor Sergio Ley-Lopez told BT that a financial information exchange agreement328 words
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Article, Illustration353 1991-05-20 2 Carolyn Lim - Local Enterprise Finance Scheme big help for small firms By Carolyn Lim HOMEGROWN diskette maker Sound Technic, which began producing the 3.5-inch floppy disk only nine months ago, plans to go into the manufacture of disks with bigger storage capacities. It also wants to353 words
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302 1991-05-20 2 GLOSSY magazines lying on coffee tables in homes as far away as Australia may have their origin in a printing press operating near Tuas. Star Standard Industries, among the biggest bookbinding companies in the local printing industry, has just gone into the printing of302 words
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Page 2 Advertisements
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Advertisement103 1991-05-20 2 i' y' V A By vN^^ Our Commitment To State-Of-The-Art Technology ™<™ mcs to inves,in 6 in ,he latest ,ethnologv Korean Alr leads ,he way Ur Has Helped Us Win Worldwide Acclaim. Boeing 747-400s fly non-stop from Seoul to Europe and America. Our highly trained maintenance teams and our significant103 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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618 1991-05-20 3 Company shifts back to Kuala Lumpur from Johor MBT KUALA LUMPUR Lien Hoe Corp plans to develop an office block costing between Ms3o million and MS4O million as its corporate headquarters in Damansara Heights as it shifts back to Kuala LumpurMBT - 618 words
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155 1991-05-20 3 MBT KUALA LUMPUR Mega First Corporation Bhd has acquired 3.48 million Palmco Holdings Bhd shares in the open market, giving it a 2.3 per cent stake in the palm oil-based company. Mega First, through its subsidiary, Mamut Copper Mining Sdn Bhd, (MCM), acquired theMBT - 155 words
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Article, Illustration790 1991-05-20 3 Mano Sabnani - THE HOCK LOCK SIEW COLUMN By Mano Sabnani IT IS NOW almost three weeks since Australasian food giant Goodman Fielder Wattie confirmed market speculation that it is looking to sell its entire stake in locally-listed Cold Storage Holdings. CSH is now no790 words
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Article, Illustration417 1991-05-20 3 Selangor project set to take off in July MBT KUALA LUMPUR Magnum Corp is to concentrate on land development and find investment projects within the framework of its present core businesses which include gaming, finance, property development and leisure. If all goes well, itMBT - 417 words
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261 1991-05-20 3 MBT KUALA LUMPUR Rothmans of Pall Mall (M) Bhd has announced a 71.2 per cent jump in its group pretax profit to M 5303.61 million (*****.31 million) for the year ended March 31, 1991 from M$ 177.29 million for the nine monthsMBT - 261 words
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COMPANY BRIEFS
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114 1991-05-20 3 KUALA LUMPUR Aluminium Company of Malaysia Bhd's (Alcom) shareholders will be given preference in the company's cumulative redeemable preference shares (CRPS) and transferable subscription rights (TSR) exercise. Its chairman Tunku Imran Tuanku Jaafar said this was agreed upon by adviser Arab Malaysian Merchant114 words
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Article115 1991-05-20 3 KUALA LUMPUR Housing developer Bandar Sunway, a member of the Sungei Way group, will launch an additional 156 units of its popular "Ritz" luxury double-storey linked houses in Bandar Sunway, Petaling Jaya, today. Prices for the new units will start at M$ 153,888 (5598,488) for115 words
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111 1991-05-20 3 KUALA LUMPUR The Nylex group expects benefits from the broadening market and its manufacturing base to contribute to its performance in the *****. Chairman Alan Jackson says in Nylex's latest annual report that the group's acquisition and new investments are in line with the111 words
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Article94 1991-05-20 3 KUALA LUMPUR The Finance Ministry has approved Pengkalen Holdings Bhd's proposed acquisition of a 28.57 per cent stake in EN J Securities and the subscription of 14.4 million new shares at Msl each. The Finance Ministry has also given its nod for Pengkalen's sale of two94 words
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Page 3 Advertisements
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Advertisement275 1991-05-20 3 Will you call me from your hotel, darling? J k ANA HOTEL SINGAPORE H.il 'I I"-' 1 ./I ll I>, i.,.t K. nl I 1.1. \\\HM\ 11l w ">v £&Jt j^k A It contains information on how to manage your finances, investments, /f X Stocks and shares, and other investment275 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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87 1991-05-20 4 MANILA Manila's stock exchanges demanded a bigger portion of Ayala Land Inc's public share offer, due to start today, and threatened to delay the stock's listing if the demand was not met, Ayala said. Ayala Land (ALI), a unit ot Ayala Corp, said87 words
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Article62 1991-05-20 4 NEW YORK Coca-Cola Co said it and Swire Bottlers Ltd have opened a new US$B5 million (S$ 149.6 million) plant in Hongkong. At 149 m, the 780,000 sq ft plant is the equivalent of a 57-storey building and is the world's tallest bottling plant. It62 words
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Article71 1991-05-20 4 TOKYO Minebea Co Ltd said it revised downward its forecast of parent net profit to 9 billion yen (S$ 11.7 million) in the year to September 30, 1991, from a November forecast of 9.50 billion yen, compared with 8.90 billion a year ago. The world's top71 words
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Article68 1991-05-20 4 TOKYO Yamaha Corp predicts lower parent net profit at 3 billion yen (553.9 million) for the year ending March 31, 1992, down from 4.01 billion yen a year earlier, the musical instrument maker said in a statement. The lower profit forecast is due to higher labour68 words
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Article68 1991-05-20 4 MELBOURNE CRA Ltd subsidiary Fundscorp Pty Ltd will acquire all the issued capital in Kalimantan Gold NL, CRA said in a media statement. CRA now holds 94 per cent of the issued capital in Kalimantan, after buying Grants Patch Mining Ltd 24 per cent holding68 words
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Article71 1991-05-20 4 ADELAIDE Santos Ltd said an exploration well in the Moomba block of South Australia had made a gas discovery. A drill test stem at the Cowan 2 well over the interval 2,225 m to 2,255 m flowed gas at 2.88 million cu ft per day71 words
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Article, Illustration398 1991-05-20 4 Selwyn Parker - Lion Nathan's after-tax pre-interest profit rises by 15.5 pc From Selwyn Parker in WELLINGTON LION NATHAN, the rival brewer to Asia Pacific Breweries' jointly-owned Magnum Corp in New Zealand, has posted an improved profit largely because of its successful management of the398 words
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364 1991-05-20 4 FT NEW DELHI The Indian government, which has had increasing problems financing imports, has been offered US$l.2 billion (552.11 billion) in suppliers credits by the Hinduja group, the Indi-an-owned trading and financial concern based in London. The Hinduja proposal would involveFT - 364 words
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693 1991-05-20 4 Bernama KUALA LUMPUR JCM Sdn Bhd, a company licensed by Petronas to provide engineering services for the oil and gas industry, is to move aggressively into international waters, besides diversifying into drilling and pipeline works, its executive chairman, Mr Jamalluddin Mahmud, said on Saturday.Bernama - 693 words
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Article, Illustration379 1991-05-20 4 BANGKOK Phoenix Pulp Paper Co of Thailand will invest in excess of 5 billion baht (Ss3s million) to double its pulp production capacity from 100,000 to 200,000 tonnes annually, The Nation reported last week.. The "Phoenix II" production facility, which will379 words
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Page 4 Advertisements
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Advertisement658 1991-05-20 4 The Chartered Institute of Marketing Diploma In Marketing A British Marketing Qualification For Senior Managers A Special Intensive Programme Applications are invited from senior managers who wish to acquire an internationally recognised professional qualification, the Diploma in Marketing from the Chartered Institute of Marketing, United Kingdom (CIMUK). This special programme658 words
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Advertisement307 1991-05-20 4 Bp Test your managerial skills in I National sHis I Management WKr I Game 1991 I Have you ever dreamt of being your own accumulated net profit or return on I boss, wheeling and dealing, relishing the investment (ROI) at the end of trading will I challenge of turning losses307 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration467 1991-05-20 5 NYT NEW YORK Pan Am Corp, battered by high fuel costs and a drop in traffic during the Gulf War, said last Friday it lost U*****.2 million (about ***** million) T in the first quarter, compared with a loss of U*****.7 millionNYT - 467 words
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Article137 1991-05-20 5 Reuter LONDON Coats Viyella pic's £252 million (about ***** million) bid for rival textile firm Tootal Group pic has created the world's biggest thread group. The bid was Coats' second try for Tootal in just over two years and gives it an estimated 20 toReuter - 137 words
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422 1991-05-20 5 Eric Ellis - From Eric Ellis in LONDON THE British government has formally laid open the most lucrative television network in the country, the giant ITV group, to what is effectively a public auction that could shape the viewing habits of 55 million Britons.422 words
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311 1991-05-20 5 NYT NEW YORK IBM will reduce prices by 6 per cent to 24 per cent today on some of its most popular desktop systems, according to industry executives. The cuts are in response to continued deep price cuts by otherNYT - 311 words
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COMPANY BRIEFS
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77 1991-05-20 5 LONDON Unilever plc-NV has announced encouraging results from Europe offsetting very tough trading conditions in North America as the profits mix at the Anglo-Dutch conglomerate continued to shift. First-quarter 1991 pre-tax profits at the food, drink, detergent and personal products group were up one per77 words
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Article91 1991-05-20 5 PITTSBURGH Aluminum Co of America (Alcoa) chairman Paul O'Neill said Alcoa could realise profits from its electronic ceramic packaging systems business as early as 1992. "By the end of the first quarter of next year, we should be break even or (there)about as we continue to have91 words
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Article75 1991-05-20 5 MADRID Three Spanish publications have merged into a new group with partial shares sold to Britain's Financial Times and Spain's biggest regional press group, Comecosa. The three papers in the merger are the economic daily Expansion, the sports daily Marca and the economic weekly Actualidad75 words
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Article87 1991-05-20 5 LOS ANGELES Carter Hawley Hale Stores Inc said its March results improved over the prior month and said its reorganisation progress was consistent with the financial plan in its Chapter 11 bankruptcy filing. Carter Hawley Hale's sales rose to U*****.9 million for the five weeks87 words
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Article63 1991-05-20 5 WASHINGTON Carl Icahn has formally notified the Securities and Exchange Commission of his May 14 sale of his stake in USX Corp and Marathon Group. In a filing, Mr Icahn said he and his companies sold 33,918,600 Marathon shares and 6,783,720 shares of USX for63 words
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Article81 1991-05-20 5 Town Country not so hot CHELSEA, Massachusetts Town Country Corp expects lower profits and sales for its fiscal year ended Feb 28, 1991. The company said it estimated that it would report a pre-tax profit of US$l.l million, a one-time gain of US$l.B million and net income of about US$l.281 words
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Page 5 Advertisements
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Advertisement83 1991-05-20 5 THE PLACES. THE FACES, When you run an international business, you need a cargo carrier whose network literally spans the globe. And you need a carrier whose people can be relied upontopro^outstandingse^ -M— |g? ilI F >.. m ji\Am -Hr ■> V Wf mk ■S^M t t ■«>» IP KM83 words
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FINANCIAL NEWS
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Article534 1991-05-20 6 US Treasury's plan for third quarter borrowing NEW YORK The US Treasury's plan to borrow a massive US$llO billion (about Ssl9s billion) to $115 billion during the third quarter may look hard to swallow to a capital market still digesting week before last's refunding, but534 words
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535 1991-05-20 6 Reuter HARTFORD, Connecticut Slowing investment income growth and continued weak operating results point to lower profits at US insurance companies in 1991. "This will be another year of muddling through for the insurance industry," said G Alan Zimmerman, first vice-president, Prudential Securities. Investment income,Reuter - 535 words
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213 1991-05-20 6 Reuter LOS ANGELES First Interstate Bancorp, which has concentrated on reducing problem assets for the past 18 months, will begin considering acquiring deposit bases in selected geographic markets, a spokesman for the company said. "We are putting people on notice that we have theReuter - 213 words
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SMALLCHANGE
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93 1991-05-20 6 TOKYO An advisory panel to the Finance Ministry will recommend allowing banks and securities houses to take part in each others' businesses through subsidiaries, in sweeping financial reforms to be announced in June. Finance Ministry sources said the proposals of the Financial93 words
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Article65 1991-05-20 6 WASHINGTON Southeast Banking Corp said its management anticipates a loss for all of 1991, but the amount is not known. In a quarterly report filed with the Securities and Exchange Commission, the Miami, Florida, bankholding company said it is examining alternatives to address its operating losses65 words
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Article67 1991-05-20 6 MOSCOW A Moscow bank which previously handled payments within the dying Soviet trade bloc Comecon is seeking Western investors as it charts a new future in conventional commercial banking, its chairman said. The bank plans to convert to joint-stock status this year. The way would then be67 words
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Page 6 Advertisements
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Advertisement879 1991-05-20 6 SinGAPORE AIRLinES LIITIITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the following announcement:1. AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 1991 THE GROUP THE COMPANY 1990-91 1989-90 Change 1990-91 1989-90 Change S$ Million S$ Million S$ Million S$879 words
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Advertisement194 1991-05-20 6 MJSINESSTIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 I Metro International Corporation, a U.S. I manufacturer and exporter, located in WilkesI Rarre PA. of storaae and transport systems serving the foodservice. healthcare and commercial products (electronics, stores, etc.) markets has a vacancy for: DEPUTY REGIONAL DIRECTOR Asia-Pacific Responsibilities: 1. Responsible for direct and194 words
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Page 6 Miscellaneous
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Miscellaneous22 1991-05-20 6 Dollar$ Non$en$e !r.' II fr "You're eminently qualified for the job, but our hiring policy calls for a yes-woman in this position."22 words
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THE REGION
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Article, Illustration372 1991-05-20 7 UPI KUALA LUMPUR Foreign Minister Datuk Abdullah Badawi lashed out on Saturday at US Vice-Presi-dent Dan Quayle, calling him arrogant for reportedly suggesting a proposed East Asian Economic Grouping could not succeed without the United States. "We welcome Quayle's statement that heUPI - 372 words
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514 1991-05-20 7 UPI KUALA LUMPUR Malaysia, anxious to retain its position as the world's top producer of natural rubber, is revolutionising the industry by scrapping antiquated techniques relying on excessive human labour in favour of innovative machines. Faced with low prices and aUPI - 514 words
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NOTE BOOK
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97 1991-05-20 7 KUALA LUMPUR For the first three months of this year, Malaysia's industrial production index registered a 9.9 per cent increase to 172.7 against 156.9 in the same period last year, the statistics department said on Saturday. All three divisions mining, manufacturing and electricity contributed97 words
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Article68 1991-05-20 7 BANGKOK Mynah birds, spotted cats, Nicobar pigeons, Indian hanging parakeets, monitor lizards and Indochinese water dragons have been rescued in a raid on two farms on the outskirts of Bangkok. More than 200 animals from endangered species protected by international conventions were taken in Saturday's raid,68 words
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Article68 1991-05-20 7 IPOH The Malaysian Chinese Association will expand to Sabah as planned despite a suggestion for the party to reconsider the move, Sabah MCA pro-tem committee chairman, Dr Ting Chew Peh said here. "As far as the MCA is concerned, the expansion programme is on," he68 words
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Article52 1991-05-20 7 MANILA A bomb exploded in the northern Philippine city of Baguio on Sunday, the third bomb attack there in two days, police said. No casualties were reported in the pre-dawn blast which shattered windows at a construction company office. No group has claimed responsibility for52 words
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527 1991-05-20 7 AFP BANGKOK Myanmar's military government is driving an ad hoc economy that is squandering natural resources and preventing the South-east Asian country from developing, Yangonbased observers said. Since seizing power in a bloody coup to crush a mass movement for democracy on Sep 18, 1988,AFP - 527 words
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Page 7 Advertisements
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Advertisement156 1991-05-20 7 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to §te^ mi JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily156 words
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Advertisement180 1991-05-20 7 Malaysia's natural rubber output falls 19pc, Pg 22 "Nobody ever said that doing business in Jakarta would be a bed of roses." "But they will now." V v A businessman's wealth of the most highest high-tech fitness lot is seldom a rosy one. current news and complex, tennis courts Though180 words
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Page 8 Advertisements
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Advertisement448 1991-05-20 8 /$/"K Y~'*£" mA Jr f VV vv M. */*^j/* /4ffi/ 'FL jk i«;V V'!.-1 Ms r\ f} A\ l/'x/ J w C*ik 2B* -'^^#!^Hl^9BHni I'rflS f //y '■k s $EL V IK. jSE*#HE j*V 1• Mpf -<* > 2 i, ■#?<£>-* CSsES i!^^^^^WLlwsM!mßnmM&&sm ASk* >> laMg»- i c\,^r^ i «^^-^p^^^^MMßM|gM|pawMMßwa«£§Mß448 words
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THE WORLD
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Article, Illustration461 1991-05-20 9 AP WASHINGTON China would not collapse if the US revoked its most favoured nation (MFN) trading status, Chinese President Yang Shangkun said in an interview recently. While admitting that without MFN status China would "suffer losses, lose some hard currency andAP - 461 words
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Article385 1991-05-20 9 NYT BRUSSELS The Bush administration and other leading industrial nations are reluctant to see western aid become part of the Soviet Union's economic calculus, even if Moscow offers to let international experts oversee major Soviet changes, western officials said on Friday. "What grounds are thereNYT - 385 words
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491 1991-05-20 9 All imports fell except for oil Reuter NEW YORK The US recession has produced at least one economic benefit sluggish demand for foreign consumer goods has sharply improved the US trade picture. Economists say a shrinking US trade deficit is the silver liningReuter - 491 words
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WORLD WATCH
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85 1991-05-20 9 TOKYO Premier Toshiki Kaifu indicated in an interview published on Sunday that Japan may negotiate to open its heavily guarded rice market to imports if the US and Europe made concessions in their farm policies. He has instructed cabinet members to maintain Japan's85 words
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Article88 1991-05-20 9 JAKARTA Secretary General Subroto of the Organisation of Petroleum Exporting Countries (Opec) has said he believes world oil prices will rise, albeit slowly, because of bigger demand in the second half of 1991. "I am optimistic that oil prices will slowly rise from the current88 words
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Article103 1991-05-20 9 MOSCOW Comecon, the trade group that struggled for 42 years to integrate the economies of the Soviet block, will be dissolved next month. The burial will take place at a final Comecon meeting in Budapest in June, after which members will continue to help each103 words
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147 1991-05-20 9 AFP TAIPEI The authorities have lowered this year's economic growth target to 6.06 per cent from a previous prediction of 6.22 per cent as local investment willingness remained weak, the Directorate General of Budget, Accounting and Statistics (DGBAS) said on Saturday. The revised figureAFP - 147 words
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Page 9 Advertisements
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Advertisement371 1991-05-20 9 WHEN IT COMES TO SAVING VALUABLE SPACE AND MONEY, ONLY ONE ELECTRONIC FILING SYSTEM STANDS OUT. AND STANDS ALONE. HERE'S AN EASY WAY OF SAVING UPTO $15,000 PER ANNUM. about anywhere. In a few minutes. Because it is the only information at an ultra high speed of 40 pages per371 words
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ANALYSIS
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Article, Illustration1102 1991-05-20 10 Florence Chong - The building of the second causeway will bring Johor even closer to Singapore. Johor chief minister Tan Sri Muhyiddin bin Mohamad Yasin talks to Florence Chong in Johor Baru about the relationship between his state and Singapore Florence Chong THE Malaysian government1,102 words
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828 1991-05-20 10 Maggie Ford - Maggie Ford, reporting from Jakarta, takes a look at why Indonesia's trade relations with the United States may not be as tranquil as they used to be Maggie Ford THE Indonesia-US trade relationship is normally conducted in the most gentlemanly way imaginable. Minor points828 words
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Article, Illustration728 1991-05-20 10 Charles Aldinger - Charles Aldinger takes a look at post-war security ties between the US and the Gulf nations Charles Aldinger Reuter THE US has made only limited progress on post-war security tics to the Gulf region despite Defence Secretary Dick Cheney's upbeatReuter - 728 words
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Page 10 Advertisements
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Advertisement181 1991-05-20 10 Th e money coupon below is worth m''f llJ{* I \\}W 'Kjt —-v $20,000 in our BT Investment Race M 1 Contest #2. Cut it out and collect the Xifj/il'[& jIB ki I fjlQßpr, 1 coupons daily-from May 20 to 24,1991 for m I' a tota va uc of $100,000.181 words
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Page 10 Miscellaneous
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Miscellaneous52 1991-05-20 10 DOONESBURY BY GARRY TRUDEAU R.P.!UAKBUP! WafgcCPS^/ *ao M y its)! its)/ YOURB HAVING A I MAS rrUlA'b I L 67 U OUT, I PORLSfME' OH, MY GOP— *2lJ£h M6HTMARB! BUT I AWFUL 'I I BAgf! MS I HUMS, IP! I hIUL! HOOO! THAT'S NORMAL' I jwpfem I I ITMSRZ- BW.IhAVS52 words
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Page 11 Advertisements
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Advertisement426 1991-05-20 11 Knowing where to tread is the first step on the path to riches. Right now, you are standing in the middle of the world's fastest growing economic region. ♦> An area so dynamic, its stock markets are already rebound- f /K. ing from their Gulf War lows I 1 1426 words
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ENTERPRISE & MANAGEMENT
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913 1991-05-20 12 Anna Teo - What makes an ideal job? Which factors matter most to Singapore managers? f indings from a recent study throw some light on the work values of middle-level managers here. Anna Teo reports. Anna Teo NEVER mind, it seems, if it's a913 words
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Article255 1991-05-20 12 Seminars and courses Duration lltk Venue Organiser Tel May 20 Effective Marco Polo Dominion *****25 Writing for Singapore Conferences Business Publications Correspondence Pte Ltd May 20-22 Developing Management Singapore *****66 Effective Hse Institute of Negotiating Management Skills May 20-22 Improving Management Singapore *****66 Managerial Skills Hse Institute of Management255 words
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Article, Illustration948 1991-05-20 12 Benchmarking is an increasingly popular way for firms to measure themselves against top corporate performers. Easy in theory, it is tough in practice The Economist WHEN, in the early 1880s. America's Singer Sewing Machine Company built what was arguably the first massproduction factory, would-be manufacturingThe Economist - 948 words
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Page 12 Advertisements
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Advertisement628 1991-05-20 12 I Straits Steamship Land Limited I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY I I GENERAL MEETING I B NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of I Straits Steamship Land Limited (the "Company") will be held in Straits Room, H 10 Collyer Quay #29-00,628 words
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Advertisement136 1991-05-20 12 Management Consultancy SI/ I I I T T 1/ Seminars And Training A I I I I Business Assistance L I L It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing This announcement appears as a matter of record only P.T. SASEKA GELORA LEASING U5520,000,000 Revolving Credit Facility Arranged By136 words
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SPORTS
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Article, Illustration396 1991-05-20 13 Legends of Golf tournament AP AUSTIN, Texas Lee Trevino and Mike Hill teamed for seven birdies and an eagle on Saturday to stretch their lead to five strokes in the U*****,000 Legends of Golf tournament. Their 63 gave them a 30under 186 totalAP - 396 words
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Article257 1991-05-20 13 Reuter DUBLIN, Ohio Kenny Perry followed his sensational second round with a solid three-under-par 67 on Saturday to retain a two-stroke lead over Corey Pavin after three rounds of the US$l.2 million Memorial Tournament. Perry, who set a course record of nine-under 63 onReuter - 257 words
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Article, Illustration303 1991-05-20 13 Reuter LONDON Paul Gascoigne lasted just 17 minutes of Saturday's FA Cup final as what was to be his biggest and possibly farewell game for Tottenham ended in tears and hospital. The talented England midfielder, expected to play the dominant role atReuter - 303 words
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SIDE LINES
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79 1991-05-20 13 BUENOS AIRES Soccer superstar Diego Maradona has ended his seclusion and has been examined by a courtappointed medical team, according to Argentine news reports. Maradona was examined by physicians and psychiatrists for more than an hour last Thursday, news agencies Telam and Diarios y Noticias79 words
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Article65 1991-05-20 13 ROME Argentine Alberto Mancini, a former Rome champion but a qualifier this year, reached the final of the Italian Open with a convincing two-set victory over No 5 seed Sergi Bruguera of Spain on Saturday. Mancini was due to meet ninth-seeded Emilio Sanchez of Spain65 words
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Article52 1991-05-20 13 OSLO Four of the five fastest 10,000-metre runners last year, including world-record holder Arturo Barrios of Mexico, have entered the featured long-distance race at the Bislett Games track and field Grand Prix meet, organisers said. The other runners are Salvatore Antibo, Moroccans Hammou Boutayeb and52 words
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Article55 1991-05-20 13 BALTIMORE Hansel, the beaten favourite in the Kentucky Derby, redeemed himself in smashing fashion on Saturday by winning the Preakness at Pimlico. Hansel, who finished 10th in the Derby two weeks ago, was in complete command through the stretch run of the 1-3/16 th mile race,55 words
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Page 13 Advertisements
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Advertisement329 1991-05-20 13 r~~A s ■J wm mmm 5 «^.gK%n i- I g J^«ia ,.gs^a3SM&^fl—M 9 k II HK^^w3wWK«B^^«HBfcisSaBHHBHHBBIHHBHBB^ If you're lookingfor a head start in desktop And you needn't worry about sacrificing line productions, as well as sharper images. publishing, then the Epson EPL-7500 Adobe quality. Using the latest Adobe Postscript But329 words
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Page 14 Advertisements
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Advertisement200 1991-05-20 14 wt"» Til WINE. DIME MID ENTERTAIN WHEBE TO WIME. DIME AMD ENTERTAIN WHERE TO WINE, DIME A << Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. to 2.30 p.m. Delicate Yangzhou Dianxin. Dinner:6.3op.m.to 10.30 p.m. If A MKMBKR OK GDI. HOTELS iK)in Haveiock Road, Singapore 0316.200 words
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Advertisement265 1991-05-20 14 THE ITALIAN MAESTRO RETURNS 10th May 23rd May Pete's Place is once again delighted to welcome Chef Vincent Pecoraro. Inspired by the success of previous visits, the Famous Italian Chef from Donatello s Restaurant in Waikoloa, Hawaii will concoct new, tantalising temptations. For the two week crusade, Chef Pecoraro s265 words
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Advertisement272 1991-05-20 14 \Wve spiced up Happy Hours. fis back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between wAt*»*coiounFat»ii»*tTmc hrarh Knad Sineapixr 0719Trt 29HU011 -tfcl&lfl''' 1 Sichuan Splendour n at the S Wi rose garden f J/f the Anniversary of the Year! From272 words
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Advertisement297 1991-05-20 14 [T~he Belvedere brings you the savoury taste of sunny Spain. With over 60 traditional favourites, you'll say "Ole" to the most We serve the world to you at The Belvedere. H y f/a/>(6m/> (sfirtgapt-r' H m Orchard Road SmjaporeO-W? TH *****11 Where the service is good, M the ambience great.297 words
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Page 14 Miscellaneous
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Miscellaneous843 1991-05-20 14 TELEVISION AND RADIO MWUMmm.jnni iti'iiu wii w /> MSBCI2 T 750 Try# Colours (Stereo). 8.00 National News (M). BUSINESS ON RADIO I Vvvi T AVAn 6.15 Hlburan Minggu Ini <M, L, 8.32 Isyak Prayer Call. _i opening 7 M cot e^ X C 7 8.30 Close. 9.30 T)m prime Minister's843 words
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THE ARTS
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Article, Illustration777 1991-05-20 15 Donal Henahan - What set Rudolf Serkin apart from most of his fellow virtuosos was a belief in chamber music as an ideal. Donal Henahan remembers the pianist who died recently at the age of 88 Donal Henahan NYT Memory has its own priorities, its own bent logic. WhenNYT - 777 words
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Article, Illustration916 1991-05-20 15 Andrew Lim - Andrew Lim listens to three different recordings of Monteverdi's magnum opus Andrew Lim TWENTY years ago, a record of Monteverdi's music was so rare that collectors regarded it as a prized possession. The situation is considerably different today. Performances of Monteverdi's music are so numerous that916 words
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Article, Illustration263 1991-05-20 15 Beating performance anxiety without drugs NYT Musicians whose performance anxiety makes them forget notes or tremble uncontrollably during a concert may conquer their fears without drug therapy. A study of 94 musicians who suffered anxiety attacks while performing found that those who enrolled in five group-therapyNYT - 263 words
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Page 15 Advertisements
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Advertisement196 1991-05-20 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? (s*nU MONDAY TO FRIDAY. 12 NOON TO 2.30PM. $31.00 f pfrpfrson. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing196 words
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Advertisement350 1991-05-20 15 It s a sign of quality. YV hen you re looking for quality, look for the Rosette *>% because only those restaurants who meet the highest standards of beef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK'S PLACE STEAK HOUSES (T.I: 733-1211) THE COMPASS ROSE350 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4406 1991-05-20 16 Salil Tripathi - By Salil Tripathi IT WAS widely expected that the Singapore stock market would yield to the twin downward pressure that Wall Street and Tokyo were exerting throughout the past week. It was therefore not surprising that the benchmark Straits Times Industrials Index fell 18.574,406 words
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Article4116 1991-05-20 17 Main Board SIA Foreign 1890 +40 +2.2% UOB Foreign 685 +30 +4 6% GE Life 1500 +20 +1.4% SAL-SIAF93 2000 154 +14 +10.0% Tiger Balm 20* 188 +13 +7.4% SIA 1310 +-10 +0.8% SIA 200 1310 +10 f0.8% FELS 50* 710 +10 +1.4% UOB 6554,116 words
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MARKET REVIEWS
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Article769 1991-05-20 18 Broader market dragged down by company's poor earnings forecast ''NEW YORK FT COMPAQ COMPUTER, long a Wall Street favourite, is one of the most successful US start-up companies of the past decade. But last week it delivered news which spooked the entire stock market. The Texas-basedFT - 769 words
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554 1991-05-20 18 >TOKYO AFP SHARE PRICES fell for the second consecutive week on the Tokyo Stock Exchange as institutional investors kept away from the market amid growing uncertainty over whether the Bank of Japan will cut its official discount rate. The Nikkei Stock Average of 225 selectedAFP - 554 words
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919 1991-05-20 18 Ray Heath - WLONDON By Ray Heath THE PROSPECT of a de-cent-sized bid battle is usually enough to put a firecracker behind the UK stock market. The possibility of the titanic bid of all time, with Lord Hanson, takeover artist supreme, on one side919 words
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622 1991-05-20 18 g^pOHSKONG SENTIMENT on the Hongkong bourse soared last week following the US President's stated intention of extending China's most-favoured nation (MFN) trading status for one year. Although tough legislation opposing the move was subsequently introduced by Democratic leader Senator George Mitchell, which may prove622 words
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ASIAN MARKETS ROUNDUP
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Article66 1991-05-20 18 AUSTRALIA'S stock market slipped during the week despite an official cut in interest rates by one per cent to 10.5 per cent, brokers said last Friday. The All Ordinaries Index shed 18 points to 1,530.3, the All Industrials 13.6 points to 2,395.8 and the All Resources 19.8 points to66 words
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Article123 1991-05-20 18 SHARE PRICES on the Taiwan Stock Exchange retreated during a choppy week amid investors' worries over student-led demonstrations. In contrast to the previous week's 7.7 per cent surge, the 227-issue weighted price index slipped 283.85 points, or 4.5 per cent, to wind up the week at 6,018.04 points. As123 words
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Article111 1991-05-20 18 PRICES eased on the Jakarta Stock Exchange last week amid heavy selling caused by profit-taking and a need for liquidity. Trading was heaviest on Wednesday following the announcement by the Stock Exchange Supervisory Board that it had approved the planned flotation of the first state-owned company for later this111 words
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Article66 1991-05-20 18 THE Securities Exchange of Thailand (SET) index on Friday declined 24.94 points over the previous week to close at 820.94 points. The stock market index fell heavily on Monday, losing 17.72 points. It was down by 9.3 points on Wednesday and 8.07 points on Thursday. Average daily turnover by66 words
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Article92 1991-05-20 18 THE Philippine stock market had another listless week brightened only by favourable news on such blue chips as San Miguel Corporation (SMC) and Philippine Long Distance Telephone Compa- Ny (PLDT), bourse sources said on Friday. SMC announced a 99 per cent increase in its first-quar-ter income while PLDT announced92 words
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Article84 1991-05-20 18 AFP EQUITIES held firm on Indian stock markets last week in the run-up to an unpredictable general election. Prices ruled steady as investors resisted the temptation to buy and sell, preferring to wait until a new government is in place in New Delhi after the staggered three days ofAFP - 84 words
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Page 18 Advertisements
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Advertisement370 1991-05-20 18 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ng Khee Kee of Blk 204 Yishun St 21 #08-265, Singapore 2776, have applied for a Public House First Class (extended) licence in respect of premises at M/s Oldies Executive Lounge at370 words
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Advertisement250 1991-05-20 18 This announcement appears as a matter of record only Kuok (Singapore) Limited Issue Of 5525,000,000 7 1 /4 Per Cent. Unsecured Bonds Due 1994 Arranged and Lead Managed by +JUDC Merchant Bank Ltd Co-Managed by Commerzbank (South East Asia) Ltd BOT International (Singapore) Limited Fiscal and Paying Agent NDC Merchant250 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4403 1991-05-20 19 MBT SHARE PRICES drifted lower on the Kuala Lumpur stock market last week on lack of fresh impetus. This marked the third consecutive week of losses. Reflecting the softer close, the KLSE Composite Index shed 4.02 points over the week to 583.36. StrongMBT - 4,403 words
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Page 19 Advertisements
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Advertisement315 1991-05-20 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF KENTHURST INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the members of Kenthurst Investments Re Ltd convened and315 words
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Advertisement383 1991-05-20 19 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BIGWHEELS PTE. LTD. (Members Voiuntary Winfrng Up) At an Extra-Ordinary General Meeting of the above named Company duly convened and held at 3 Shenton Way #20-01 Singapore 0106 on 9 May 1991 at 12 noon the383 words
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Advertisement364 1991-05-20 19 IN THE MATTER OF THE COMPANIES ACT, CAP.M REDIfILL REALTY PRIVATE LIMITED (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final General Meeting of the Members of the abovenamed company will be held at II Dhoby364 words
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Advertisement357 1991-05-20 19 LOST SHARE CERTIFICATES AND DEPOSITORY RECEIPTS (DRS) The following Share Certificates and DRS have been reported lost or deslroyed:ACMA LTD N O of Shares' Certificate No. In the name of DRS *****87/88 Chua Seek Chew Mr 2 1000 CHEMICAL INDUSTRIES (FAR EAST) LIMITED *****13 Foo Kheng Hoon 1x 200 NATSTEEL357 words
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Advertisement91 1991-05-20 19 GENESIS CONSUMER PRODUCTS PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308(2) o» The Companies Ac! Cap 50 that the FINAL MEETING ol the Mem tiers of the abo renamed Company »ill be held at One Raffles Place •39-00 OUB Centre91 words
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WORLD STOCK MARKETS
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Dow ends lower on eleventh-hour selling
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Article, Illustration1405 1991-05-20 20 A LATE FLURRY of selling pushed the New York stock market into the minus column on Friday in a relatively active session. As measured by the Dow Jones Industrial Average, the market closed down 7.38 points, at 2,886.63. The Standard Poor's Index of 500 largely blue-chip issues rose1,405 words
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Article, Illustration859 1991-05-20 20 LONDON shares fell on Friday, hit by worse-than-expected inflation figures. Government figures released on Friday showed inflation for April at 6.4 per cent, a drop of 1.8 per cent and the biggest fall for a decade. But the new figure was higher than market forecasts, which ranged from 5.8859 words
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Article286 1991-05-20 20 DUTCH shares closed a little easier in very slow afternoon trade on Friday, with few investors around ahead of the long holiday weekend. The downtrend in Wall Street and London in the afternoon was reinforced by a persistent trickle of opt ion-related selling as May series options and index286 words
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Article323 1991-05-20 20 DESPITE lively demand in a small number of second-tier issues on Friday, German shares ended mostly unchanged in quiet pre-weekend trade. The 30-share DAX Index edged 0.79 points higher to 1,598.87. It rose as high as 1,605.08 and spent most of the day above 1,600 before dipping on late323 words
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Article214 1991-05-20 20 FRENCH share prices ended barely changed on Friday, as satisfaction over the reappointment of Pierre Beregovoy as Finance Minister wore off and the market turned its attention to interest rates. The CAC-40 Index ended down a negligible 0.65 point or 0.04 per cent to 1,826.96. Volume was about two214 words
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Article348 1991-05-20 20 SWISS shares closed little changed on Friday with a firmer bias. Brokers said trading slowed down in the afternoon session after the expiring of Softex options prompted short covering in the morning. The all-share SPI Index, which traded in a narrow range of three points, closed 2.7 higher at348 words
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Article440 1991-05-20 20 IN JOHANNESBURG, the stock market had a mixed to easier day on Friday in subdued trading ahead of the weekend amid a lack of fresh factors. Dealers said gold shares continued easier after Thursday's retreat from their midweek highs, due mainly to the failure of world bullion prices to440 words
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Article223 1991-05-20 20 TORONTO stocks closed down in minimal trade on Friday as investors left the market for the long holiday weekend. The markets are closed in Canada today for the Victoria Day holiday. "It's pretty sleepy here, a typical Friday before a long weekend," one trader said. The Composite Index fell223 words
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Article280 1991-05-20 20 May 17 (lose Previous NEW YORK Dow Jones 2,886.63 2,894.01 -7.38 NYSE Financial 148.34 148.35 -0.01 S&P500 372.39 372.19 0.20 Turnover (million) 174.2 154.5 +19.7 LONDON Financial Times 30 1,926.2 1,938.8 -12.6 FTSE 100 2,453.9 2,471.9 -18.0 Turnover (million) 492.6 496.8 -4.2 AMSTERDAM CBS Tendency Index 92.7 93.3 -0.6 FRANKFURT280 words
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Page 20 Advertisements
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Advertisement39 1991-05-20 20 For information on where to buy your copy of: Singapore Business, Her World, Go. Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840) Read Chartpoint, a guide to investing in the stock market. Every Saturday in BT.39 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article526 1991-05-20 21 NEW YORK Reuter THE dollar surged more than three pfennings on short-covering prompted by Sweden's immediate linkage of the crown to the European Currency Unit. The surprise announcement by Sweden's central bank on Friday broke the krona's tie to a basket of currencies,Reuter - 526 words
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603 1991-05-20 21 ASIAN CURRENCIES AFP MOST Asian currencies rebounded against the US dollar during the week with only the Indonesian rupiah finishing marginally lower. The Australian, Hongkong, Japanese, Malaysian, New Zealand, Philippine, Singapore, South Korean, Taiwan and Thai units all rose against the greenback, whileAFP - 603 words
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Article396 1991-05-20 21 Cross rates May 18 USS SS* MS Dm Yen SFr AS NZS USS 1.7675 2.7610 1.7405 138.50 0.5855 1.4725 1.2788 1.6926 SS* 0.5658 1.5595 0.9632 0.7796 0.3244 0.8170 0.7226 0.9573 MS 0.3622 64.12 0.6304 0.5016 0.2121 0.5333 0.4632 0.6130 Dm 0.5745 1.0382 1.5863 79.57 0.3364 0.8460 0.7347396 words
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414 1991-05-20 21 FT LONDON The news sounded as dull as a normal Friday afternoon's trading. But Friday's announcement that Sweden would link its currency, the krona, to the European Currency Unit threw London's foreign exchange markets into a state of pandemonium. The surprise decision triggered aFT - 414 words
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Article483 1991-05-20 21 Reuter MOSCOW The Soviet Union is considering a radical plan to make the rouble convertible for foreign trade purposes as early as next year. The plan, if adopted, would affect the way the Soviet Union services its US$63 billion (SSI 11.4 billion) foreign debt,Reuter - 483 words
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535 1991-05-20 21 GOLD FINANCIAL FUTURES REPORT DOLLAR weakness early last week helped the trade move spot gold up from Monday's opening of U*****.80/ 357.30 to Wednesday's high of $361.00 where values held briefly to allow confirmation that no follow through buying had emerged. Profit-tak-ing535 words
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Article288 1991-05-20 21 COMEX Mayl7 GOLD FUTWCS (100 oz) uss/oz (^Pen High Low Settle Change y** 91 355.20 J"" 356.20 357.00 354.90 356.00 -1.10 Jul 357.70 -1.10 Aug 358.50 359.40 357.50 358.50 -1.10 Oct 362.00 362.30 361.00 361.50 -1 10 Dec 364.20 365.40 363.50 364 60 -1.10 Feb 92 368.70 368.70288 words
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Article506 1991-05-20 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 Arab Bank PLC 7% ANZ Banking Group 8 Ban Hin Lee Bank 7V« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7% Bank Bumiputra 8506 words
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Article544 1991-05-20 21 Interbank rates S$ Bid Offer Overnight 4 3/4 4 7/8 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-7/8 USS High Urn 7 days 5 7/8 5 7/8 1 month 5 15/16 5 7/8 2 months 5 15/16 5 15/16544 words
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COMMODITIES
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502 1991-05-20 22 Bernama KUALA LUMPUR Malaysia's natural rubber production dropped 20,935 tonnes or 19 per cent to 87,378 tonnes in March this year from 108,313 tonnes in the previous month, the Statistics Department said. March's production was 3,488 tonnes or 4 per cent lower when comparedBernama - 502 words
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196 1991-05-20 22 Reuter TAIPEI Taiwan, one of the world's biggest gold buyers, will soon lift curbs on exports and imports of the metal, a leading economic newspaper said yesterday. The cabinet will shortly lift a long-standing ban on gold exports and allow itReuter - 196 words
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872 1991-05-20 22 REPORTS AFP TRADING was thin on most commodities markets over the past week, a factor which contributed to cocoa's fall to a 16-year low. The market has been weakened by a production surplus for seven consecutive seasons. Analysts see few signsAFP - 872 words
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Article1143 1991-05-20 22 Rubber RAS (fob in bales) S cents/kg Int I RSS Close May 13 145.75 May 14 145.75 May 15 146.50 May 16 146.25 May 17 146.00 MRELB (fob m bales) M cents/kg Int 1 RSS Hose May 13 225.00 May 14 225.00 May 15 225.00 May 16 225.50 May1,143 words
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Page 22 Advertisements
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Advertisement752 1991-05-20 22 BUSINESS TIMES TELEPHONE: 730-5771/3772/5773 FAX: 734 4982 LOST SHARE CERTIFICATES HAI SUN HUP GROUP LTD INCORPORATED IN THE REPUBLIC OF SINGAPORE Notice is hereby given that the following certificates have been reported lost, mislaid or destroyed Nams CgjtajlNo* No of Stews Wong Pah Lan HOO ***** 1 x 1,000 TsoßsngChuan752 words
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Advertisement507 1991-05-20 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ASG COLOUR SIGNS SINGAPORE (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenamed507 words
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Advertisement51 1991-05-20 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery51 words
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Advertisement11 1991-05-20 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1103 1991-05-20 23 City FU(M ETA FUgM ETD SQ228 > 905 SQ227 2200 AmtartUwi KL841 1055 KL842 2035 SQ23 1240 Baadar Sari B1421 1105 SQ182 0915 Btpwaii SQ18I 1410 BI422 1205 B1429 2030 BI430 2125 lu{M QF062 1130 RA408 0825 SQ69 1145 TG402 0830 TG403 1155 SQ62 0845 TG4071,103 words
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THE TRAVEL PAGE
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Article, Illustration597 1991-05-20 23 Roger Collis - LETTER FROM PARIS By Roger Collis COMBINING business with pleasure always reminds me of that felicitous French custom near the end of a meal of asking for a little cheese to finish ofT the wine, followed, of course, by more wine to finish off597 words
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Article154 1991-05-20 23 As at 3pm on May 17: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.375 1.395 Canadian dollar 1.525 1.545 NZ dollar 1.035 1.0700 Sterling pound 3.065 3.085 US dollar 1.7650 1.7750 Load dollars to 100 units of foreign currency Austrian schilling154 words
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Article50 1991-05-20 23 Duration Title Venue Organiser Td Duration Title Venue Organiser Td May 21-25 Medicine A Zagreb, Zagrebacki (38)*****666 May 22-24 International ********** Technology- Yugoslav,. Veteajam Computer Netherlands Nederiandse International Softwwe J«arbeurs Exhibition of Exhibition Medical, Pharmaceutical May 25-29 International Milan Associasione *****64.282 A Laboratory FleetrxXechnics Intel Equipment Electronics50 words
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Page 23 Advertisements
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Advertisement31 1991-05-20 23 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Europe from start to Finnish.31 words
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Advertisement17 1991-05-20 23 I W\ All you need to know. A step-by-step guide in graphics. In The New Paper today17 words
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Page 23 Miscellaneous
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Miscellaneous159 1991-05-20 23 1^ 26 Cover with humour (5) 27 Top cardinal virtue? (8) Not if it's a winning one 25 Where capital is lost in 28 One in a position to tax (7,4) this life (4) the wages of sin? (4-10) II Blow to a poor player, cniimftN ILmlll and quite unfair159 words
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Miscellaneous212 1991-05-20 23 Singapore Outlook: Showers over a few areas in late morning and afternoon. Forecast Maximum temperature 32.6 Assoc humidity 64% Minimum temperature 26.2* C Assoc humidity 96% Hours of sunshine 3.60 Rainfall in mm 1.5 Rainfall this month 182.7 Rainy days this month 14 World report Asia-Pacific Hi/Ix>* Cond. Auckland 17/12212 words
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Miscellaneous37 1991-05-20 23 CMPvP J UJHV HC'S TA«€N T$ CARRYING A\ rve jost W bu«d F«orn nVf Tne stbt»ON W\TH PeTe.Rso»J VGO&S IS ge/oHp rAg.... j OF POBUC ge-uyfiQNs... J f ,-n c~\ 0429 C EVENINO STANDARO CO. LTD IM2-IMI37 words
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602 1991-05-20 24 Anna Teo - By Anna Teo THE Singapore labour force grew by an average of 3.1 per cent a year over the last decade, faster than the indigenous population growth. The size of the workforce reached 1.52 million last year, up from 1.11602 words
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364 1991-05-20 24 Harish Mehta - Interview with President Corazon Aquino From Harish Mehta in MANILA THE AQUINO administration is racing against time to finish all the economic projects it can possibly complete within the remainder of President Aquino's term. In an interview with BT, Mrs Aquino said,364 words
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Article290 1991-05-20 24 THERE was a clear shift of employment to the services sector, especially the finance and business services and commerce, during the last 10 years. With Singapore's growth as a financial centre, the financial and business services sector's share of employment rose from 8 per cent290 words
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321 1991-05-20 24 AFP NEW DELHI Millions of Indians go to the polls today at the start of general elections in which a hung parliament appeared likely with llth-hour surveys giving none of the three main contenders a clear-cut majority. Some 197 million wereAFP - 321 words
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499 1991-05-20 24 Kenneth James - By Kenneth James THE Asia-Pacific economies will be held back this year by the slowdown in the industrial nations, but a turnaround later this year should propel the region to robust growth in 1992, says a report released yesterday by the Pacific Economic499 words
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280 1991-05-20 24 AFP BEIJING China has invited more foreign companies to help exploit its oil reserves, including those in the previously ofT-limits Tarim Basin, one of the world's major untapped oilfields, an official report said yesterday. China National Petroleum Corp general manager Wang Tao toldAFP - 280 words
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Page 24 Advertisements
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Advertisement128 1991-05-20 24 PiageT jtMUjjER w mmxmi; im/is m CENP.VK PERTH PROPERTY INVESTMENT OPPORTUNITIES Portfolio presentation in Singapore by visiting Australian director Mr Mark Pitman. Broad selection of properties from $600,000 $60,000,000 with many up to $5,000,000. Some examples of properties Shopping Centre Price $10 million Yield 11.8% Industrial Price $2.4 million Yield128 words
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Advertisement89 1991-05-20 24 PiageT /MIIJJEK EN IKMjUGERIE IMVISIBM genßve NOW OPEN AT UIC BUILDING J&Sf From May 20th, seep in the flavours of a new indulgence. Fine foods from an eclectic selection; Cantonese, Sichuan. Peking, Teochew, including tempting DianXin specialties by ten Hong Kong masterchefs. Exquisite |B£ cuisines complemented by ambrosiac Continental wines.89 words
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ShippingTimes
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Article, Illustration497 1991-05-20 25 Rahita Elias - By Rahita Elias THE PORT of Singapore Authority (PSA) has maintained the steady build-up of its current assets portfolio, achieving a 3 per cent increase to nearly $2.5 billion last year. Reflecting the authority's conservative fund management policy, nearly 93 per cent497 words
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424 1991-05-20 25 Lloyd's List ROTTERDAM Conglomerate First Pacific Co, controlled by Indonesian tycoon Liem Sioe Liong, has acquired a 43.2 per cent stake in Internatio-Muller (IM) and intends to merge the group with its Dutch-based subsidiary Hagemeyer. Rotterdam-based IM immediately wentLloyd's List - 424 words
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375 1991-05-20 25 Lloyd's List LONDON P&O is poised to flag out the bulk of its UK registered fleet unless the government introduces tax incentives in the Finance Bill. Chairman Lord Sterling told the company's annual general meeting in London recentlyLloyd's List - 375 words
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309 1991-05-20 25 Lloyd's List NEW YORK The New York Shipping Association (NYSA) has announced largely positive results for last year in its ongoing effort to make the New York New Jersey port more competitive, but warns that considerable progress still needs to be made ifLloyd's List - 309 words
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Article, Illustration326 1991-05-20 25 Ads to be placed in newspapers in early June Reuter CANBERRA Australia is launching a worldwide publicity campaign to sell stakes in its two major airlines, Qantas Airways Ltd and Australian Airlines Ltd. Advertisements will be placed in Australian and overseas newspapers in earlyReuter - 326 words
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NEWS SUMMARY
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Article41 1991-05-20 25 IN THE first of a two-part article on South Korea's Asiana Airlines, Perry Flint takes a look at how it was built from scratch. The second part of this article will be published tomorrow Page 241 words
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Article49 1991-05-20 25 THE vast population of Indians from the south-western state of Kerala working in the Gulf has finally got an option to service their needs. Gulf Air has finally obtained the rights to carry passengers and cargo to Trivandrum, the capital of Kerala Back Page49 words
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Article33 1991-05-20 25 GROWING foreign shipping trade spawned by the end of the Gulf War has raised cargo traffic at the state-owned but privately-run Manila International Container Terminal (MICT) Back Page33 words
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35 1991-05-20 25 US intermodal operator SeaLand may introduce a new Eu-rope-Middle East service to capitalise on the increase in business experienced during the Gulf crisis and build-up to the Gulf War Back Page35 words
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Article33 1991-05-20 25 THE Soviet government offered concessions on Saturday to air traffic controllers threatening to strike, but it did not meet their demand to triple salaries, state television reported Back Page33 words
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LOG BOOK
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95 1991-05-20 26 TAIPEI Austria and Taiwan will open air links this year despite the absence of diplomatic relations, the Civil Aeronautics Administration (CAA) said last week. A CAA official said Lauda Air, a privately-owned airline in Vienna, Austria, would start direct flights to Taipei95 words
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Article95 1991-05-20 26 HELSINKI Finland's Repola Oy said a standstill in ship exports to the Soviet Union was forcing it to close the Uusikaupunki yard of its unprofitable shipbuilding subsidiary Rauma Yard Oy. It said last Friday that the yard on Finland's west coast would close by the end95 words
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Article110 1991-05-20 26 GDANSK The London-based bank Credit Suisse First Boston will be given the task of offering foreign investors a controlling interest in Poland's Gdansk shipyard, a shipyard spokesman said last Friday. Ryszard Piasecki said the bank was chosen by the Privatisation Ministry from among six110 words
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Article79 1991-05-20 26 AMMAN The national Jordanian carrier Royal Jordanian incurred losses of US$lOO million (S$ 170 million) during the Gulf crisis, company chairman Houssan Abu Ghazala said last Saturday. He said the losses were mainly due to an increase in the cost of fuel and in insurance rates as79 words
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Article78 1991-05-20 26 THE HAGUE Finland has filed a complaint against Denmark in the International Court of Justice in The Hague against a Danish ban on shipping oil platforms bound for the North Sea through a Danish waterway. The action, filed last Friday with the United Nations court,78 words
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Article812 1991-05-20 26 THE DRY cargo freight market was quietly firm on Thursday with the Baltic Freight Index (BFI) rising seven points to 1,649, brokers said. In the grain sector, Ferruzzi was reported to have booked a Panamax from Mississipi to Ghent at US$lO.5O for late May/early June. J.Aron fixed a812 words
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Article, Illustration1115 1991-05-20 26 Perry Flint - In the first of a two-part article on South Korea's Asiana Airlines, Perry Flint takes a look at how it was built from scratch. The second part of this article will be published tomorrow. Perry Flint Air Transport World WHEN you want to start an airlineAir Transport World - 1,115 words
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Article850 1991-05-20 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and850 words
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Article10724 1991-05-20 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the i ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a10,724 words
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SHIPS IN PORT
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Article487 1991-05-20 41 Itiim Voy No Barlfi km* Depart** VwmI Voy_No B«rth Anw* Dqartrt Kmm i uiu Kan Ann J10 alongside 20 05/2359 GeXtJkT OOd KU jiontsjde 23 05/?300 Kuala Sah IV J2/3 atongsrfe 20 05/0600 m Ent rp ,se 9®* I Rn Apa J4 alongside 2005/1100 Kota Benar K32487 words
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Article1250 1991-05-20 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Batance Mb Voy No Etb/Btr Period From To From Ah Hope ***** 20/1500 1 19/1500 19/1659 19/1900 At Adelarie ***** 22/2300 1 19/1500 19/1659 19/1900 3 20/0700 20/1159 20/1400 A«or *****N 21/2359 3 20/0700 20/1159 20/1400 4 20/1200 20/14591,250 words
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Article249 1991-05-20 41 P—MgPft Berth Buttarwlh on May 19: 1: Kocaeii I; 2: Angekc Hope; 3: ni; 4: ml; 5: Malaka Bay; 6; ni. Parunf Hhart NB ni; C 8: Bmtang Mekar; S8: HMS Manchester. BCT: Bl: Bunga Kekwa; Bft nit; l/B: ni. VOIP: Chuy. Out on May II: Kocaek249 words
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Article, Illustration553 1991-05-20 42 Salil Tripathi - From Salil Tripathi IN DUBAI THE vast population of Indians from the south-western state of Kerala working in the Gulf has finally got an option to service their needs. Gulf Air, a Middle Eastern airline jointly owned by four of the553 words
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266 1991-05-20 42 Al O Labita - From Al O Labita IN MANILA GROWING foreign shipping trade spawned by the end of the Gulf War has raised cargo traffic at the state-owned but privately-run Manila International Container Terminal (MICT). Latest official statistics showed that in the first quarter of this266 words
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171 1991-05-20 42 Lloyd's List KUWAIT CITY The Kuwaiti Ports Authority has opened one of its ports to commercial shipping and is about to take on expert port management help from the UK. Ports director Capt Abdul al-Naibari said the port of Shuaiba could now handle ordinary commercialLloyd's List - 171 words
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425 1991-05-20 42 Lloyd's List LONDON US intermodal operator Sea-Land may introduce a new EuropeMiddle East service to capitalise on the increase in business experienced during the Gulf crisis and build up to the Gulf War. According to executive vice-president of the Atlantic division Will Middleton, three ofLloyd's List - 425 words
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268 1991-05-20 42 AP MOSCOW The Soviet government offered concessions on Saturday to air traffic controllers threatening to strike, but it did not meet their demand to triple salaries, state television reported. The nation's 12,000 air traffic controllers have threatened to walk offAP - 268 words
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Page 25 Advertisements
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Advertisement280 1991-05-20 25 MARINE AUTOFAX (UK)^ SERVICES INCLUDES 1»| 1. CREDIT REPORTS ISi 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING j Call 2241 890 lor i FREE Derao«tratlon Package j The Straits Times Weekly Overseas Edition. A crisp summary of v happenings in Singapore. Politics, the economy, investment opportunities appointments...280 words
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Advertisement28 1991-05-20 25 Coctatt Report 2 Contaner Schedule 17 My FregMs 2 Ml to Advertisers 3 Stopping Gude 10.11 Stops m Port 17 Singapore Tries 17 Weattw and Sea Condrtw* 1728 words
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Page 26 Advertisements
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Advertisement62 1991-05-20 26 NOTICE NOTICE OF REMOVAL With Effect From 18th May 1991 EVERSTAR SHIPPING CO (PTE) LTD FREIGHTCONSOLS SHIPING PTE LTD GREATSHIP AGENCIES PTE LTD ARE PLEASED TO ANNOUNCE TO ALL OUR VALUED CUSTOMERS BUSINESS ASSOCIATES OF OUR NEW OFFICE PREMISES AT: 133 NEW BRIDGE ROAD #17-01/02 CHINATOWN POINT SINGAPORE 0105 TEL:62 words
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Page 27 Advertisements
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Advertisement2351 1991-05-20 27 JAROINC SHIPPING AGENCIES ms ■I mm 200 Cantonment Road #12 05 Southpcunt Singapore 0208 millWW Ttl *****11 TELEX NO RS ***** |VflllAl| TERMINAL/CFS T«H *****11 220 P RmVI BOOKINGS Tel *****34 258 L. V*V# A KSAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** SSSS PENANG2,351 words
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Advertisement1220 1991-05-20 27 INDEX TODVERfISERS Pane Col P«ge Col I ~~1 I M I ABCContainerline >2 M+ R Frwdg 13 1/2 i Mac-Neb Agencies 14 1/2 ?f \l a Macdinc 18 3 Ahrenkiel Liner 16 4 Q Allied-Link 16 4/5 Madju Sdn Bhd 15 12 Anglo Oncnt 16 1/2 3*5 ANL 3 1/21,220 words
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Advertisement2193 1991-05-20 27 ■Oirnima TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ROTTERDAM 10 OAYS ETD WEEKLY THURSOAY ANO SUNDAY SINGAPORE/HAMBURG 20 OAYS V«M Voy ETA ETO 'Port 'Penang Keiang DESTINATIONS TN» «Mk MatrokM Mwu ttoe FmKr by MWWWWItfSIIWHgWfWMWIIIHWWnBfWWWiniWMMI 21/5 oeoc mrs m Pmto CFS 20/5 2358 MBS OAK LQB HOU MEM ATL MIA CMS2,193 words
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Page 28 Advertisements
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Advertisement1202 1991-05-20 28 VOY NO S PORE SOUTHAMPTON HAMBURG "ANTWERP LE HAVRE FRANKFURT EXPRESS 56/319 20/5 6/6 8/6 11/6 12/6 TOKIO EXPRESS 99/120 23/5 13/6 11/6 10/6 M.T KAMAKURA 17/320 25/5 11/6 13/6 16/6 17/6 J. ul WIST9OUND f. KASUGA 15/121 30/5 20/6 16/6 17/6 MONTE ROSA 13/321 1/6 19/6 21/6 24/6 25/61,202 words
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Advertisement573 1991-05-20 28 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA ***** 28/5 9/6 11/6 17/6 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (P€RU) ISLA FLOREANA 2206E 28/5 30/5 1/7 4/7 8/7 7/7 Agsnts Willl ok. SINGAPORE: HI573 words
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Advertisement1448 1991-05-20 28 KjjawmAmxA sjant REGULAR IWOePEHOENT FULL COWTAWER SERVICE w£STß6und f6r GUROPE VSL/VOY SIN ALC BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9111-3 24/05 13/06 14/06 17/06 16/06 19/06 20/06 21/06 22/06 JAPAN SEA 112W 01/06 20/06 21/06 25/06 26/06 27/06 28/06 29« 30061,448 words
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Page 29 Advertisements
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Advertisement2144 1991-05-20 29 SjgSteamere Maritime Holdings Ltd Yl" Pffrl"} MW STRAITS SHIPPING l j M|ipori ii orNiNi, tasi Miuyiii, Containers tMJm Voy No -l-Pen/ +-PW Spora Ai f Sou Am Dot Mt>| ACCEPTS OUE SAILS LAURA MAE ASK 9106 11/05 20/04 22/05 06 06 09,06 10, 06 12 06 CARGO Lfw'kAtL n 22,144 words
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Advertisement2299 1991-05-20 29 TO: U S A.,PANAMA FM: U S A./PANAMA V OM IGB CM FM SAV MM NYC N*C NOR SAV CHI LOB OAK V CHOYANG FMX EF 120 M/S 11/« 30/6 S/7 «/7 7/7 »/7 CHOYANG SUN WA US 10/4 12/4 14/4 10/4 20/4 20/4 1/0 AMERICAN SENATOR IFI2I 1/0 20/02,299 words
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Advertisement401 1991-05-20 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel Ivor l» pi riuc Tii COSMO ANGEL 3 1575 7775 «ace luna "575 1775 kou shun 7i 1575 "57s "51/5 COSMC CHALLENGE* 7 27/5 1 cosmc trade* "ii 1575 175 1 sou m "5 "5175 575 asian am ili 1401 words
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Page 30 Advertisements
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Advertisement610 1991-05-20 30 sbbb CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY VPOftF] ROAM; ADAM H BORC BREMEN ANTWtRP MATARAMTSWB 20* 22/7 27/7 31/7 3ft FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc«mant. Al*o accepting cargo to Casablanca. Port Said. Port Alaiandrla. Ganoa, Trlaata. ALSO ACCEPTING BOTH CONTAINERS CONVtNTIONAI CARGO VIA610 words
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Advertisement972 1991-05-20 30 I X/ HANJIN SHIPPING I 1.,. IFEEDER VSL SIN LINE HAUL LGB OAK HANJIN SPORE 001W Sfi 6,6 "X TTS? S IS SSSSS hZST™ ZZ l= BSSS3% Vi HANJIN LE HAVRE 01JE 3 '/6 DIRECT HANJIN CHUNGMU 078* 31 5 19/6 20/6 21/6 21/6 22 6 23,6 T T H972 words
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Advertisement1335 1991-05-20 30 [PKL SCP HKC KSC KLG PUS HKT OSK NCY SIM TYO LAX CHS BAL NYC IHV ANW ROM THP MBC PSO CMB PKL SCP E CENTRY RE 034 22/5 23/5 28/5 29/5 31/5 3/6 5* Ili ili 9/6 10* 216 3/7 5/7 7/7 15,7 17/7 11,7 I*7 21/7 31/7 10/*1,335 words
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Page 31 Advertisements
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Advertisement2060 1991-05-20 31 V I NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE-*****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 TERMINAL OFFICE -*****22 DOCUMENTATION OEPT: *****44/*****14 W*B ASVV CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L2,060 words
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Advertisement814 1991-05-20 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD Bp°KING. *****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 DISCHARGING FROM EASTBOUNO LOADING FOR WLSFbOUNQ TRANSHIPPED AT ROTTERDAM WSStI,S VOT sm MIA WKt yOT P"L814 words
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Page 32 Advertisements
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Advertisement1600 1991-05-20 32 K"W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W m y TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 > I I md MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I JL MmM A JJi TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAIHA, LTD1,600 words
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Advertisement1199 1991-05-20 32 \2m PHILI-OMCNT UN€5 PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 1 TEL *****22/*****69/*****00 TELEX: RS ***** PHJLI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION VANCOUVER, S'WESTERN ONTARIO. 27 MAY DUBAI, DAMMAN, SHARJAH, DOHA,1,199 words
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Page 33 Advertisements
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Advertisement1437 1991-05-20 33 agSaPff PACIFIC INTERNATIONAL LINES (PTE) LTD mi B mtKM Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 BANGKOK 1 HIT J, O JJ J, VESSEL VOV SIN BKK SIN 23/5 28/5 hot A RINTANG 9114 21/5 24/5 2S/5 EQUATOR MAS 04N 23/5 25/5 30/5 KOTA PAHLAWAN 6119 22/5 25/51,437 words
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Advertisement990 1991-05-20 33 V BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint >»A Fax: *****63 1 Singapore 0208. Telex: RS ***** EXPRESS CONTAjNER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Aisia f 158 23/5 9/6 10/6 12/6 13/6 Nedlloyd990 words
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Advertisement511 1991-05-20 33 M MYANMA pfittk HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PATHEIN VIIIW 24/26 May MPA-AN VI63W 30/1 Jun PAGAN VIO7W 1/10 Jun sgt THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW511 words
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Page 36 Advertisements
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Advertisement701 1991-05-20 36 TO AUSTRALIA/NEW ZEALAND VSL [sin iFrcni jMelb |~iyd I Auck INPE |P CHALM BRUSSEL 271 »5 M »i« HH M/t c vEROtMc m Hi ~m ~nii m Hi Jji ANTWtRPEN 273 2/» iff *7 U/7 WfT 22/7 24(7 MARTHA II 275 25 M Ti« W/» wji 2M 2M TO USA/CANADA701 words
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Advertisement903 1991-05-20 36 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE I OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM2~NGO KOB [VESSEL VOY SIN |PKL PNG BLW SIN TSK CHORUS 198 *18 5 16 5 21 5 25 5 27 5 31 5 1 6 1 6903 words
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Advertisement303 1991-05-20 36 /<■■■■■■■■■■■■■■ ■■■■■■■■■my P.T PERUSAHAAN PELAYARANj i W* KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA XXI Voy 11/91 ***** May Jakarta/Palembang J I NIAGA XXII Voy 12/91 24/25 May Jakarta/Palembang I NIAGA 42 Voy 8/91 29/30 May Jakarta/Palembang I I NIAGA XXI Voy 12/91 3/ 4 Jun303 words
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Advertisement1443 1991-05-20 36 /tea t A CHINA OCEAN SHIPPING COMPANY 1 FULL CONTAINER LINER SERVICE TCIC¥ TE B L C SiTf^.p 2, MISTRI ROAD, HMC BUILDING ii? jSStt #15-00, SINGAPORE 0207 CAHir CMTARLINE CR NO **********0 M CABLE COSTARLINE General Agents: COBTAR SHIPPING PTE LTD H fl TO HOMQKOIW ANO'CHWA from HONQ KOMQ1,443 words
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Page 37 Advertisements
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Advertisement986 1991-05-20 37 wc conventional myici v l PKL PNG P C Loading tor A VESSEL 2805 Rotterdam; Antwerp CMPIA MJIX CONTAJNO invici w *»»l SCP PKL BKK HKG QIN SHA YANGFANGKOU ISI 02,6 03,6 0/6 12/6 16(6 YANGFANGKOU 153 02// 03// 07/7 12// 16// Alm kcM h* other clurwse jorti HKG AUiTIAUA986 words
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Advertisement327 1991-05-20 37 f (f£ll RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) I m FAX: *****15/*****03 ItjOj TELEX: RS ***** RISHIP (3 Lines) C\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTTNG FCL AND CONVENTIONAL VESSEL VOY ETA ILOADING FOR SPOfIE ABBAY WOHI 28WB 30/06 OARESSALAAM MOMBASA OJIOOUTI ASSAB327 words
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Advertisement644 1991-05-20 37 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 26/5 Loading lor Male IRUVAI HUOHU 29/5 Loading (or Calcutta DOLPHIN 28/5 loading For Male PIONEER SUPREME Zfr loading For Male DONAKULHI 30 5 Loaded For Feliwaru PROGRESS LIBERTY 6/6 Loading lor Maldives644 words
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Advertisement400 1991-05-20 37 SYDNEY/MELBOURNE BANGKOK "SSEL VOV S PORE SYO MEL VESSEL VOY SINGAPORE BANGKOK PLANETA °«9 05 22 24/6 MAHA BHUM# 58N Wed 22/5 at 25/5 PIYA BHUM 0905 20-21/6 03-S/7 07-8/7 lENLINK 56N Thur 23/5 Sun 26/5 PLANETA 1050 50 18/7 22/7 WANA BHUM#' 14N Fri 24/5 Mon 30/5 P.KELANG/PENANG/KUANTAN BEWJA400 words
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Advertisement413 1991-05-20 37 TlfiK-UnS VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MA* SIN TIGER BAY 159N IS-19/05 23 25/05 31-01/06 TIGER STAR 160N 26-26/05 01-03/08 M-09/06 TIGER BAY lilN 31-01/06 07-09*6 15-1606 VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN LHOTSE 402 23-23/05 29-31/05 06-07/06 EACtE CAPE 11 27-27/05 31-02/06 10-10/06 TIGER413 words
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Page 38 Advertisements
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Advertisement1385 1991-05-20 38 iMAC-NELS SINGAPORE I UPORT TEL *****22 impobt TEL *****02 PENANG TEL (04) *****6 KK I TEL (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 |~|\~/VV te J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 SARIKEI TEL (084) *****81,385 words
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Advertisement363 1991-05-20 38 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKR. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LVT MANDAMA 0596 In Pt 30 May Via NPI I Jun363 words
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Advertisement1113 1991-05-20 38 /M>\\ HUNG SOON LINES PTE. LTD. f 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 ■■■■■I TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT [ETA [BEST VESSEL I1,113 words
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Page 39 Advertisements
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Advertisement664 1991-05-20 39 Vfewx COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia KARABIEVERETT In Pt/21 May JOHNEVERETT 28/30 May SHAPtAEVERETT 03,06 Jun 07*09 Jun N 4, EVERETT ORIENT664 words
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Advertisement516 1991-05-20 39 vsl Ivqy Is PORE Imainliner Ilax Ikst Isav Inyc |HfX~ ZIM ELAT ME 29/5 Z M IBERIA 11% 1/7 9/7 U/7 11/7 2IM MELBOURNE 712E 13 6 2IM PUSAN 14/7 23/7 26/7 28 7 30/7 ZIM PIRAEUS 128E 2*6 ZIM CALIFORNIA 23 7 1/1 4,8 8,1 8,1 ZIM KOPER IS€516 words
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Advertisement703 1991-05-20 39 UJM LINER SHIPPING PTE LTD vLxw2j£& 10, Anson Road, #17 06 International Plaza. Singapore 020? Tel: *****33 (10 lines) \1 Telex: RS ***** LSSHIP Fax: *****13 BMljjilM' FAR EAST nrp 27/5 JAKARTA 25/5 27,5 KEEIUNG 26/5 30/5 [MANILA 2S/5 1/6 KAOHSIUKG 26/5 2/6 P. KELANG 22/5 29/5 BUSAN 24/5 27/5703 words
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Advertisement599 1991-05-20 39 PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKI SBY MELITA 03/91 IN PORT 23/05 PRASETIA 171 A 23/05 26/05 JATIDIRI 933 25/05 28/05 MELITA 05/91 27/05 30/05 PRASETIA 173 A 30/05 02/06 TANTO UTAMA 165 24/05 27/05 TANTO UTAMA 167 31/05 03/06599 words
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Advertisement409 1991-05-20 39 SIN FAB EAST 26/5 KEELUNG/KAOHSIUNG 26/5 BANGKOK 25/5 MANILA/CEBU 25/5 JAKARTA/BELAWAN/SURABAYA 25/5 PORT KELANG/PENANG/E. Malaysia 23/5 BUSAN 23/5 TOKYO/YOKO/KOBE'NGO/OSA 23/5 HONG KONG SIN CHINA 23/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl AN Jl N/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 20/5 LDN/FLX/LVP/SOU 20/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Czech.409 words
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Advertisement763 1991-05-20 40 01 Container (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANCKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1704 20 MAY 23 MAY TAKARI IV 4088 2« MAY 26 MAY TAKARI I 1706 27 MAY 29 MAY TAKARI IV 4090 31 MAY 02 JUN763 words
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Advertisement237 1991-05-20 40 re* MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN. SHARJAH, DOHA, MUSCAT, BAHRAIN, ABU DHABI, BANDAR ABBAS, JEDDAH FAR EAST ACCEPTING FCL/LCL PENANG P,'KELANG, JAKARTA, BANGKOK, HONG KONG, TAIWAN, JAPAN, MANILA, KOREA UK/EUROPE ACCEPTING PCL/LCL LONDON. FELIXSTOWE, LEEDS, TILBURY, ABERDEEN, LE HARVE. HAMBURG. ROTTERDAM, ANTWEP, GOTHENBURG, COPENHAGEN ALL237 words
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Advertisement705 1991-05-20 40 /££kSETH SHIPPING CORP. SDN BHD (JiN KLANG TEL 03-*****06 |l llni| FAX M7OCM )®C/ PENANG TEL: *****121 SKAN TEL *****4M2 SIBU TEL: 014 31M22 TAW All TEL OM *****0 KK TEL: OM *****0 KUCH TEL 012 *****3 MSIA TO USA/CANADA CONTAINER SERVICE fEEDCR VOT PEN I PKIISIW LA/LBI KST j705 words
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Advertisement463 1991-05-20 40 CUJI canmv imißnmnLS J LCL/FCL SERVICE FROM f fij aTCW! oparstM ovar 600 In US. A. I II [IpM /flß\ m CUM maintain* ovar 15,000 motor* 4 trucks. I MM M CLLttwo™ 60,000 point. In U.S.A V |||B APw M CWoftorwitoWiLCVFCLaarvioM. General Agsnta TDjtA/^—r/A**a/) PENANG- KL: allied-LINK SINGAPORE: /t^\ MHr463 words
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Advertisement429 1991-05-20 40 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 37N8 25J VIGOUR INB 1/6 BANGKOK 22/5 27/5 BUSAN 28 5 4 6 HONGKONG 28/5 4 6 DURBAN,PT LOUIS 3/6 19/6 KEELUNG 26/5 2/6 U.S.A. 27/5 3/6 PT. KELANG 24,5 31/5 KOBE 27/5 3/6 I PIRAEUS 27/5 5/6 OSAKA 28 5 4'6 JAKARTA 24/5429 words
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Page 41 Advertisements
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Advertisement527 1991-05-20 41 MOKE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FIJI WSSEL Jkt PJ(| f» «k Si Slwyi Auckland F*(A) 1J"" IM ■"■*<• l *g J-J" n j*™" 1 N Rochester/9111 In Pt 21/5 21/5 21/5 22/5 25/5 7/6 19/6 9/6 10/6 J}£ Uj $6 UJ 1 N Rouen/9112 27/5 31/5 27/5 27/5 29/5 3/6527 words
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Page 41 Miscellaneous
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Miscellaneous302 1991-05-20 41 TIDES AND WEATHER TODAY'S TOES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0800 ****************************************1900 2000 2100 2200 2300 JR 19 2.5 2.9 3.1 30 2.7 2.2 16 1.1 0.8 0.5 0.5 0.6 1.0 15 19 2.1 22 2.1 1.8 1.5 1.3 1.2 1.3 PP 1.8302 words
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Page 42 Advertisements
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Advertisement756 1991-05-20 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEEDER VOY JHR PKE SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 202 020 18/05 19/05 22/05 H. CHALLENGER 42E 17/06 21/06 24/06 TRANSWORLD BR756 words
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Advertisement49 1991-05-20 42 OFFICES M MACOLINE ?m"»T PORT KELANG 03-*****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG SIN PLM Bunga Setawar PMOI7 24/5 25/5 26/5 27/5 Bunga Setawar 1/6 2/6 3/6 4/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS "BRITT ANN" 20/5 PADANG "8 SETAWAR" 24/5 PALEMBANG "SUSANNA'' 26/5 PANJANG/JKT "HAKURYU" 26/5 PALEMBANG49 words
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Advertisement504 1991-05-20 42 ICHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) |g^M >!«■>■! *a*a Mmi Ham 11 STOH J TO* tfWK ITMM l£H Mtttt, MMi row cwra 99/129 n/j 11,1 11/t 11/1 umi imk o*. mm UMMUM 17/321 Sl9 12/4 14/4 17/1 11/1 »nmo .T. hw IMMI 15/121 »/> lt/C 17/1 iMtom* H<«504 words
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