The Business Times, 6 June 1991

Microfilm: NL17507
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, June 6, 1991 75*
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  • NEWS SUMMARY
    • Article
      Mideast conference may take place within weeks: Levy
      58 1 PARIS Israeli Foreign Minister David Levy said in a radio interview a regional Middle East peace conference might take place within weeks. Earlier. Luxembourg's Foreign Minister. Jacques Poos, said Israel and the EC agreed that the Community would be represented at any
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    • Article
      Call for rupee to be devalued
      50 1 NEW DELHI India's Commerce Minister Subramaniam Swamy said yesterday that he had asked Prime Minister Chandra Shekhar to devalue the rupee as a way out of the country's balance of payments crisis. "I have asked the prime minister to consider several steps." he said.
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    • Article
      Publishers on mission
      31 1 SINGAPORE'S first printing and publishing mission to non-English-speaking European nations leaves later this month to promote the industry, which exported a record 5440 million last year Page 2
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    • Article
      Steady investment
      42 1 JAPANESE investment in Asia, which fell in the last fiscal year, will remain steady this year in spite of the impact of high interest rates, the weaker yen. and the Tokyo stock market plunge, say ofTicials and diplomats. Page 8
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    • Article
      Matsushita move
      34 1 MATSUSHITA Electric Industrial Company's plan to invest six billion yen (5576.2 million) in an audio and video equipment manufacturing plant in Malaysia is designed to complement its operations in Singapore Page 8
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    • Article
      Last dispute resolved
      35 1 A NEW US-Japan trade pact on microchips has cleared away the last major singleindustry dispute between the tv\o countries, but some trade experts say there is still scope for haggling Page 9
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    • Article
      W German GNP up
      36 1 WESTERN Germany's GNP surged 4.2 per cent in the first quarter of 1991, surprising many economists who had expected the country's nine-year upswing to start slowing sharply early this year Page 9
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    • Article
      Big plans for NBC
      35 1 NBC CONTAINER Depot, a 30-70 joint venture between Neptune Orient Lines and Thai partners, is planning to make big splash in the Thai container refurbishing scene. Shipping I imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      35 1 WALL STREET stock prices were mixed early yesterday morning, marking time after Tuesday's mild setback. The Dow Jones average of 30 industrials dropped 6.04 points to 3,021.91 in the first hour of trading.
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    • Article
      Footsie higher
      35 1 ACTIVE trading on the financial futures market and in Glaxo pushed share prices higher in London at midday yesterday. At 1130 GMT, the FTSE 100 Share Index stood at 2,523.8, up 17.8 points.
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    • Article
      D&C to shift focus
      20 1 DEVELOPMENT and Commercial Bank Bhd plans to shift its focus to manufacturing and retail Page 3
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    • Article
      HSH buys supertanker
      28 1 LOCAL SHIPPING group Hai Sun Hup has finally ventured into the supertanker-owning business after nearly a year's delay owing to the Gulf crisis Page 3
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    • Article
      Proposals to lift curbs
      25 1 A HIGH-POWERED Japanese panel has unveiled final proposals aimed at tearing down 40-year-old barriers separating the country's financial industries Page 7
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    • Article
      Market holiday
      12 1 MALAYSIAN markets were closed yesterday for the King's Birthdav holidav.
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    • Article, Illustration
      STOCK INDICES
      28 1 Wednesday Change BT-MGA 750.72 -0.01 Kuala Lumpur closed Tokyo 25.289.57 -267.29 Hongkong 3,690.01 +22.39 Sydney 1,502.7 -7.1 Tuesday Change New York 3,027.95 -7.38 London 2,506.02 -9.8
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7720 100 Yen SS 1.2716 MS SS 0.6403 Money market rates Overnight 4-3/4 -1/8 3-month 5-1/2 unch
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    • Article
      COMMODITIES
      12 1 London Gold AM fix USS361.60 -USS0.40 Rubber S'pore July 148.75'/kg +0.25
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  • Article, Illustration
    Sime flexes its muscle in waste handling and travel
    524 1  -  Important role planned for Singapore subsidiary By William Chia DIVERSIFIED Malaysian conglomerate Sime Darby Bhd has identified the treatment and management of waste and the travel and tourist industry as two new growth areas where its Singapore subsidiary can play a
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  • Article, Illustration
    S'pore firms seeking foothold in Kuwait told to be patient
    414 1  -  From Salil Tripathi in DUBAI FOUR months after its liberation, Kuwait is limping back to normalcy. Its economyfaces the spectre of deficit for the first time since the heady days of Opec's first oil shock, and bankers estimate that its
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  • Article
    Bonvests in waste treatment venture
    317 1  -  Plans to build plants in Singapore and Asean By Genevieve Cua BONVESTS HOLDINGS is expanding its environmental services activities with a joint venture to build a waste treatment and disposal plant in Singapore and, eventually, similar plants in Asean. Its partner is Miltox. an Australian
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  • Article
    Lock icon OECD seen set to open up to Eastern Europe, Asia
    232 1 AFP PARIS The 24-nation Organisation for Economic Cooperation and Development seemed set yesterday to increasingly open its doors to non-member nations such as reforming Eastern European countries and some of Asia's "dynamic economies". Participants at the OECD's annual ministerial meeting
    AFP  -  232 words
  • Article
    Three broking firms told to alter pay package
    540 1  -  By Chew Eng Han THE STOCK Exchange of Singapore (SES) has directed at least three stockbroking firms to change the pay package of their dealers to a fixedsalary system. Sources said dealers from the three firms Alliance Securities. Lum Chang Securities and
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  • Article
    Lock icon BIL gets approval for S'pore deal
    87 1 Reuter WELLINGTON Brierley Investments Ltd (BIL) has gained all necessary statutory approvals for two Singapore government-owned companies to buy 30 per cent of Mount Charlotte Investments pic and 120 million BIL shares. The deals would be completed by June 11, BIL an- nounced yesterday.
    Reuter  -  87 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      261 1 cO Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone, 235 1333 Kuala Lumper Phone /5/ 0233 Penang P!>one 615 905/619 0)4 Jakarta: Phone 3/4 065/380 14/2 Ad Marketing 12,13 Money Market 25 World News 9 Aircraft Schedule 27 Regional Co News 4 Commodities 26 Regional News
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    • Advertisement
      Page 1 Advertisements Column 2
      19 1 Analysis, Page 11 Opportunities in Egypt, Pa 2 Bonn. Tokyo dodge rate cut calls at OECD talks Pg 9
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    • Advertisement
      Page 1 Advertisements Column 3
      28 1 Rodenstoch 10 11 THE BEST TIME DAD COULD 12 EVER HAVE. 13 14 --C V »s< 15 V';. V Fattwr'iDtY 2" SEIKO MKT OH tEXTS MTHMATBMAL MMAMTEE CBTVKATE
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Productivity at private hospitals up
        81 2 PRODUCTIVITY at private hospitals grew at an annual rate of 8 per cent between 1986-88, according to Koh Juan Kiat, executive director of the National Productivity Board. He said that it rose from $24,000 to $28,000 per worker during that period, but that this was
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      • Article
        Wanted: selfless Singaporeans
        57 2 THE Singapore Mint would like to recognise Singaporeans/permanent residents who have selflessly given their time and effort to serving the community by presenting them with the Pride of Singapore Award. The Mint is calling upon Singaporeans and permanent residents to nominate private individuals or groups who have
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      • Article
        FSI graduation
        44 2 THE French-Singapore Institute (FSI) held its 4th graduation ceremony yesterday with a total of 220 graduands from the 10th, 11th and 12th batches receiving their diplomas in electronics engineering. Bernard de Montferrand, Ambassador of France to Singapore, was the guest of honour.
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      • Article
        Tan Chong acquires rights
        70 2 TAN CHONG Industrial Machinery, a subsidiary of the Tan Chong Group of companies, has acquired exclusive rights in Malaysia and Singapore for Lindapters products from the UK. The British company specialises in design and production of fixings for steelwork and building services. One special feature of
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      • Article
        Motor traders and COEs
        98 2 THE Motor Traders Association of Singapore says most of its members feel that making vehicle certificates of entitlement (COE) non-transferable will "reduce the hassle and simplify the buying of vehicles". In a statement last night on the matter, the association said it is concerned that if,
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    • Article
      Gulfeast, Sime Darby investing in Egypt
      440 2  -  By SN Vasuki TWO SINGAPORE companies, Gulfeast International Pte Ltd and Sime Darby Edible Products Ltd, are planning major investments in Egypt. Gulfeast International is investing in a $19 million jute mill near Cairo and Sime Darby is establishing a second edible oil refining
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    • Article
      Singapore, Egypt negotiating investment guarantee accord
      355 2 SINGAPORE and Egypt will sign an agreement on avoidance of double taxation next month, and negotiations are in progress for an investment guarantee agreement between the two countries. This was announced yesterday by Zeinab Mahmoud Morcy. commercial counsellor of the Egyptian embassy in Singapore,
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    • Article, Illustration
      AA repeats calls on COEs
      399 2 THE Automobile Association of Singapore (AA) has repeated its call for vehicle Certificates of Entitlement (COE) to be made non-transferable in order to curb speculation. In a statement issued on Tuesday, the AA said that there is no justification in allowing speculators to distort the
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    • Article
      Advertising spending up in first quarter
      276 2 THE Gulf War failed to dampen the enthusiasm of domestic advertisers. In fact, between January and March 1991. advertising expenditure actually increased by 23 per cent over the corresponding period last year, and reached $152 million. Reporting this, advertising industry journal Advoice says two
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    • Article
      Telecom plans new networking service
      255 2 SINGAPORE Telecom will launch an international virtually private networking service later this year for business subscribers with branch offices overseas. A spokeswoman for Singapore Telecom told BT that the project is in its planning stages and that the statutory board is still working out the
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    • Article, Illustration
      Korakuen keen to invest further in Singapore
      342 2  -  By Lilian Ang JAPAN-BASED property and leisure group Korakuen has set aside a budget of $130 million to invest in Singapore, but has yet to find suitable land for its projects. Makoto Hosaka, president of the group now re-named Tokyo Dome Corporation, said
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    • Article
      Publishing mission to non-English speaking European countries
      279 2  -  By Schutz Lee SINGAPORE'S first printing and publishing mission to non-English-speaking European countries leaves later this month to promote the industry. which exported a record $440 million last year. The Trade Development Board-led mission will have 10 local printing and colour separation companies.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      130 2 For that very special celebration, you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- excellent service. Make self when you celebrate it an unforgettable affair, a grand and exclusive Call us at 534 4040 occasion with us,
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  • SINGAPORE _ MALAYSIA COMPANY NEWS
    • Article, Illustration
      D&C Bank looks to new areas of growth
      643 3  -  Plans to tap manufacturing and retail sectors From William Chia in KUALA LUMPUR DEVELOPMENT and Commercial Bank Bhd, which underwent a management revamp after Malaysian stockbroking group Rashid Hussain acquired a controlling 20 per cent stake last July, intends to shift its
      643 words
    • Article
      Hai Sun Hup acquires supertanker after nearly a year's delay
      388 3  -  By Dexter Lee LOCAL shipping group Hai Sun Hup has finally ventured into the supertanker-owning business after nearly a year's delay due to the Gulf crisis. In a statement yesterday. Hai Sun Hup said it is acquiring the very large
      388 words
    • Article
      Keppel's broking arm in Manila opens
      267 3 LOCAL conglomerate Keppel Corporation has started its stockbroking business in the Philippines a joint venture which is a member of the Makati Stock Exchange, it said in a statement yesterday. The new venture, Keppel Securities Philippines Inc (KSPI), which the corporation formed with Filipino
      267 words
    • Article
      LET Pacific to be an expansion base for Hong Fok
      252 3 HONG FOK'S new listed vehicle in Hongkong, LET Pacific. will form the base for the future expansion of the group's property and construction businesses in Hongkong and China. Mr Cheong Kim Pong, the chairman of the property and construction group,
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    • Article
      Lock icon Inchcape pic sells tea interests for M$30.4m
      233 3 MBT KUAL A LUMPUR International services and marketing group Inchcape pic has sold its principal tea interests for M 530.4 million (5519.5 million) to AIL Holdings, a member of the Mehta International Group. The proceeds will be used to develop the group's main
      MBT  -  233 words
    • Article
      NatSteel makes offer for Aussie steel company
      260 3  -  By Lilian Ang THE diversified Nat Steel group has made a general takeover offer for an Austra-lia-based steel fabrication company. Centurion Industries Limited, in an exercise that could cost the group A 56.6 million (about SSB.9 million). The deal, made through Nat Steel
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    • Article
      Hwa Hong incurs losses in edible oil division
      257 3 LAST YEAR was a dismal one for Hwa Hong Corporation's edible oil manufacturing business, which suffered a $2.1 million loss, its first since 1987. The decline in the edible oil business, which has been plagued with worsening profit margins over the last
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    • COMPANY BRIEFS
      • Article
        Pan Malayan Holdings in $19m property deals
        98 3 PAN MALAYAN Holdings (PMH), an associated company of Tat Lee Bank, yesterday announced the purchase of $19 million worth of properties for redevelopment purposes. The purchase, effected through wholly-owned Tat Chuan Development (Pte) Ltd, will be completed on Oct 7. In a statement
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      • Article
        PanGlobal eyes property sector
        69 3 KUALA LUMPUR Pan Global Equities, which launched its new corporate logo on Tuesday, plans to move deeper into property development. Chairman Datuk Jalaluddin Rahim said the property division, led by subsidiary PanGlobal Development, is expected to contribute 50 per cent of group turnover in future. Its
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      • Article
        Malex plans entry into Japan
        96 3 KUALA LUMPUR Asbestos sheet manufacturer Malex Industries is planning to enter the highly competitive Japanese market. Malex managing director Hiroo Miyamoto said Malex is holding talks with Nozawa Corp of Japan, one of its substantial shareholders, but nothing has been confirmed yet. Mr Miyamoto, however,
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      • Article
        Unleaded gas: tax perks needed
        116 3 KUALA LUMPUR Mobil Oil Malaysia and Shell Malaysia said that a tax incentive will ensure greater use of unleaded gas (ULG) in Malaysia. Mobil Oil Malaysia said "a government tax incentive is most vital for a project of such magnitude", while Shell Malaysia said the
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      304 3 CHARTPOINT Every Saturday in Business Times A legend in modern design: Movado® Museum® Watch. It was inspired by the group of international artists who founded the famous Bauhaus School in the mid 1920'5. Simplicity, tastefulness, function was their dictum. And one of its purist expressions was the watch dial distinguished
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Salim buys east German chemical plant
        70 4 BERLIN Indonesia's Salim Group, a large family-owned trading, banking and construction conglomerate, has taken over a chemical company in east Germany making tatty chemicals in Rosslau on the Elbe river. Salim has agreed to employ 700 workers at the plant and invest DM7O million
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      • Article
        EIE sells HK properties
        94 4 HONGKONG Locally-listed EIE Development (International) Ltd announced a series of property sales totalling HKSBI2 million (*****.8 million) to reduce its short-term bank borrowings. It has agreed in principle to sell six floors in the East Tower and the banking hall of the Bond Centre to Indonesia's
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      • Article
        GE Fanuc invests in Indonesia
        82 4 TOKYO GE Fanuc Automation Corp, a joint venture of General Electric Co and Fanuc Ltd will take a stake of yet-undecided size in Indonesia's PT Fanuc-Pindad Technical Centre. Fanuc-Pindad, capitalised at US$5OO,OOO (SS850.000) owned 80 per cent by Fanuc and 20 per cent by Indonesian
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      • Article
        S Australia cuts stake in oil firm
        70 4 ADELAIDE The South Australian Government Financing Authority (SAFA) said it has sold part of its stake in oil and gas producer Sagasco Holdings Ltd for ASB9 million (Ssl 19.26 million). A parcel of 40 million shares was sold at A 52.12 each, 14
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      • Article
        US-Japanese electronic tie-up
        75 4 TOKYO Asahi Chemical Industry Co Ltd electronics subsidiary has tied up with Advanced Hardware Architecture Inc of the US to develop large scale integrated circuits (LSIs). The two firms aim at jointly developing LSIs for use in magneto-optical disk drives. The tie-up will also enable Asahi Kasei
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      • Article
        NKK considers moves for US arm
        100 4 TOKYO NKK Corp's US unit. National Steel Corp is considering taking steps to prevent its performance from deteriorating further in 1991 but has yet to come up with specific solution. NKK denied it had already decided to cut planned capital investment and labour costs
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    • Article, Illustration
      Govt watchdog to review sale of Philippine Plaza
      459 4  -  From Al O Labita Jr in MANILA MANILA'S Audit Commission, an independent government financial watchdog, is seeking a review of the recent "negotiated sale" of the five-star Philippine Plaza hotel to Hongkong-based Allied Kajima Ltd. The move follows a protest by a
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    • Article
      Indonesian mining firm needs injection of funds
      311 4 JAKARTA The Indonesian state-owned mining company PT Tambang Timah. which suffered a loss of Rp 25.52 billion last year, will need at least Rp 40i billion in new investment funds to carry out its six-year restructuring programme, the Jakarta Post reported. PT Tambang
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    • Article
      Lock icon Japanese to join fast-food battle in Asia
      330 4 Mos Food negotiating with local partners AFP TOKYO Japan's biggest home-grown operator of fast-food outlets, Mos Food Services Inc, is targetting the Asian market to do battle with US rivals such as McDonald's, a company official said on Tuesday. The official said Mos
      AFP  -  330 words
    • Article
      Lock icon Philippine hamburger chain ahead of McDonald's
      427 4 AFP MANILA A Philippine hamburger chain has beaten McDonald's at its own game, successfully maintaining its dominance of the local fast-food industry despite challenges from US giants. Jollibee. with 80 branches in Manila and the provinces, has already gone international, establishing two franchises each
      AFP  -  427 words
    • Article
      Lock icon New Zealand's TV3 Network to be restructured
      232 4 Assets to be transferred to new company AFP WELLINGTON New Zealand's only privately owned nationwide television channel, TV3, will be wound up as a public company and its assets transferred to a new company, receiver Keith Smith said on Wednesday. In a statement
      AFP  -  232 words
    • Article
      Lock icon Carter Holt expected to report profit lower than forecast
      508 4 Reuter AUCKLAND New Zealand forester Carter Holt Harvey Ltd will report on Friday an annual net profit below the NZ$l6O million (SS 165.3 million) it forecast in March, analysts said. Most, polled by Reuters, predict a March year result of NZ$l4O-150
      Reuter  -  508 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      67 4 WHERE I CAN YOU FIND THE BEST FRENCH JL RESTAURANT W IN SINGAPORE;^= 'Truffles', the only f rent li restaurant in town with cuisine c reated by st;ir Michelin chef Kolancl Ma/ere (Xir wine cellar is equally amazing. (So are our affordable lunch buffets!) f asy parking Book now 734
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      118 5 > f F ,w:i Hr It behooves us to remind you that there is a very limited number of the Mercedes-Benz Golden Classic. Its timeless appeal and sheer driving pleasure is, to say the least, uncommon And judging from market response, not gone unnoticed either Amongst the invaluable pieces that
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon SEC to exempt foreign firms from many rules
      361 6 NYT WASHINGTON The Securities and Exchange Commission on Tuesday proposed to make it easier for foreign companies to raise money in the United States by exempting them from many federal securities rules. The companies instead would need to comply only with the
      NYT  -  361 words
    • Article, Illustration
      Lock icon Paramount incurs US$55m second quarter loss
      345 6 NYT NEW YORK Paramount Communications Inc on Tuesday reported a loss of US$55 million (Ss94 million) for the second quarter, in contrast to a profit of US$2l.2 million, or 18 cents a share, a year earlier. Revenues rose 7.6 per cent, to US$B69 million,
      NYT  -  345 words
    • Article
      Lock icon Eight energy groups bidding for east German oil monopoly
      394 6 Reuter BERLIN Eight international energy groups are bidding for east Germany's former petrol monopoly, Minol Mineraloelhandel AG, a lucrative network in a booming car market still chronically short of filling stations. Minol management board chairman Wolfgang Burkhardt said yesterday that an-
      Reuter  -  394 words
    • COMPANY BRIEFS
      • Article
        KIO buys stake in Hungarian firm
        62 6 BUDAPEST The Kuwait Investment Office (KIO) has acquired a 9 per cent stake in the Hungarian Technoimpcx Trading Company in its first direct investment move in eastern Europe. Company president Istvan Matyas said on Tuesday that this was also Kuwait's first step towards foreign
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      • Article
        EC to fine Toshiba
        73 6 BRUSSELS The European Commission is set to fine electronics firm Toshiba Europe more than USS2 million (553.4 million) on charges that it illegally controlled sales to keep prices higher. Commission sources on Tuesday said the European arm of Japan's Toshiba Corp had ordered distributors in many
        73 words
      • Article
        Oracle-Nippon deal
        54 6 REDWOOD CITY Oracle Corp has lined up IJSS2OO million in financing from Japan's Nippon Steel Corp in an unusual deal that will also help Oracle sell its software in Japan. The tentative agreement calls for Oracle to sell Nippon US$lOO million in convertible subordinated debentures and US$lOO million
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      • Article
        Funds for Occidental
        78 6 LOS ANGELES Occidental Petroleum Corp said on Tuesday that it would receive more than US$6OO million from 49 utilities and other companies to settle a dispute over expensive natural gas delivery contracts. The agreement must be approved by the federal Energy Regulatory Commission. The settlement figure, U*****.9
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      • Article
        BASF to cut workforce
        48 6 LUDWIGSHAFEN, Germany German chemical group BASF AG said it will cut its core workforce this year for the first time since 1983 because of unsatisfactory earnings and uncertain business conditions. It said in a statement that it employs 53,834 workers in its core sectors.
        48 words
    • Article
      Lock icon Body Shop profits up 38pc in spite of recession
      305 6 UPI LONDON British beauty products retailer Body Shop pic announced a 38 per cent increase in pre-tax profits on Tuesday in spite of seeing its growth in Britain slowed by the recession. Pre-tax profits rose to £20 million (SS6O million) in
      UPI  -  305 words
    • Article
      Lock icon Japanese plan smaller increase in investment
      402 6 NYT TOKYO Reflecting the uncertain future of the economy, Japanese companies are planning capital investment increases in the current fiscal year that are smaller than in the previous three. According to the Ministry of International Trade and Industry (Miti), a total of 1,521 firms
      NYT  -  402 words
    • Article
      Lock icon Citic posts 5pc rise in profits in spite of market slump
      295 6 Reuter BEIJING Citic, Chinas most Westernised company, said its profits climbed 5 per cent last year despite a market slump and a domestic credit crunch. Citic (China International Trust and Investment Corp), a state-run firm with businesses ranging from
      Reuter  -  295 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      61 6 KEEPING CLASSY COMPANY GEORGE WINSTON WILLIAM ACKERMAN SCOTT COSSU TURTLE ISLAND STRING QUARTET MICHAEL HEDGES TUCK PATTI MARK ISHAM PHILIP AABERG LIZ STORY NIGHT NOISE BEN SIDRAN ALEX DE GRASSI CLIFF EBERHARDT RAY OBIEDO ANDY NARELL MICHAEL MANRING BILLY CHILDS KIT WALKER SHADOWFAX TUCKANDRESS LISTEN TO WINDHAM HILL COMPACT DISC
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      Page 6 Advertisements Column 2
      464 6 NATIONAL KAP LIMITED (incorporated in the Republic of Singapore) Registered office No 1 Third Chin Bee Road Jurong Singapore 2261 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 1991 Annual General Meeting ot the shareholders of the Company will be held on Friday. 28th June 1991 at
      464 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Japanese warrants enter period of revival
      329 7  -  Foreign interest boosts market By Salil Tripathi JAPANESE WARRANTS are beginning to rebound. After selling from domestic institutions (which depressed premium values) subsided, the outlook for the warrants is once again bright. Another main reason is foreigners have returned to buying. This was disclosed
      Source: The Japanese Warrant Fund, Interim Report, Mar 31. 1991  -  329 words
    • Article
      Lock icon Deregulation plans for Tokyo financial system
      337 7 Reuter TOKYO A high-powered Japanese panel has unveiled final proposals aimed at tearing down 40-year-old barriers separating financial industries. The proposals cap a sixyear study by the Financial System Research Council, an advisory panel to the Finance Ministry, on deregulating and globalising the domestic
      Reuter  -  337 words
    • Article
      Lock icon Foreign brokers in Japan manage to turn around
      466 7 Reuter TOKYO Some foreign broking houses in Japan have bucked the trend of declining profitability by focusing on derivative products, according to company officials. Listed Japanese securities firms have all reported plummeting profits in the wake of last year's stockmarket collapse. "The
      Reuter  -  466 words
    • SMALL CHANGE
      • Article
        Westpac to buy Chase AMP Bank business
        73 7 SYDNEY Westpac Banking Corp says it will buy the consumer business of Chase AMP Bank Ltd, which is equally owned by the Australian Mutual Provident Society and Chase Manhattan Corp's Chase Manhattan Bank. The AMP Society has agreed to buy Westpac's life insurance
        73 words
      • Article
        ANZ arm to maintain profits
        75 7 WELLINGTON ANZ Banking Group (New Zealand) Ltd, a subsidiary of Australia and New Zealand Banking Group Ltd, should maintain current profitability during the second half of the year to Sep 30, managing director Alister Maitland said. "We should perform at about the same level... which
        75 words
      • Article
        US bank settles old dispute
        49 7 HONGKONG The US-based First National Bank of Chicago has settled a long-running dispute with China over a US$l5 million loan, the bank's spokesman said in Hongkong. "We settled the case last month and we have received the amount we agreed on," the spokesman said.
        49 words
      • Article
        Case for universal banking
        70 7 TOKYO Robert Jeker, president of the executive board of Credit Suisse, a unit of CS Holding, said the financial health of banks worldwide would improve if they were allowed into the securities business. He said: "Universal banking is the solution to the future." Universal banking, which
        70 words
      • Article
        SEC files civil charges
        49 7 NEW YORK The Securities and Exchange Commission yesterday filed civil securities fraud charges against three former top officials of the defunct broking firm Moore Schley, accusing them of manipulating the prices of two stocks. The charges were filed in a US district court in Manhattan.
        49 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      129 7 BC entrally located in the city is 5,000 square feet of a luxuriously furnished watch retail outlet. Known to be the largest single watch boutique in Singapore, Thong hiap believes in the quality and consistency of high customer service. No one offers better service than we do because we really
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Indonesia's CPI up 0.18pc last month
        84 8 JAKARTA Indonesia's consumer price index rose 0.18 per cent in May compared with a rise of 1.89 per cent in April and 0.58 per cent in May 1990. The year-on-year inflation rate in May dropped to 9.0 per cent from 9.58 per cent in
        84 words
      • Article
        Vietnam gets more tourists
        64 8 HANOI In the first four months of this year more than 61,000 foreign tourists visited Ho Chi Minh City. This figure represents a monthly increase of 300 compared with the same period last year. It included 22,016 overseas Vietnamese who returned to visit their families. On
        64 words
      • Article
        ADB rejects Manila proposal
        72 8 MANILA The Asian Development Bank (ADB) has rejected a proposal for it to join commercial banks in a Complementary Financing Scheme for the Philippines as it deviated from past policy on distribution of payments. The Philippine government will present alternative means of raising USS2SO million (*****
        72 words
      • Article
        Suharto warning on pollution
        74 8 JAKARTA Indonesia is heading for an environmental crisis and must be tough with those polluting the land. President Suharto warned on Tuesday after signing a new commitment to crack down on enemies of the environment. He cited acid rain, air pollution and toxic waste in rich
        74 words
    • Article
      Lock icon Tokyo investment in Asia expected to remain steady
      426 8 Main beneficiaries likely to be HK and Asean Reuter TOKYO Japanese investment in Asia, which fell in the last fiscal >ear, will remain steady this year in spite of the impact of high interest rates, the weaker yen. and the Tokyo stock
      Reuter  -  426 words
    • Article
      Matsushita's Malaysian plant to complement Singapore operations
      335 8  -  From Koichi Ishiyama in TOKYO MATSUSHITA Electric Industrial Company's plan to invest six billion yen (5576.2 million) in an audio and video equipment manufacturing plant in Malaysia is designed to complement its operations in Singapore. Japan's leading consumer electronics giant indicated that the
      335 words
    • Article, Illustration
      Lock icon KL allocates M$55b under 6th M'sia Plan
      378 8 MBT KUALA LUMPUR The Malaysian government has allowed for an allocation of up to Msss billion (5535.2 billion) under the Sixth Malaysia Plan (1991-1995). This is about 48 per cent more than the Ms 37 billion ceiling for the fifth plan (1986-1990) budget.
      MBT  -  378 words
    • Article
      Lock icon Aussie Treasurer aims to bring down inflation
      237 8 Reuter CANBERRA Australian Treasurer John Kerin said yesterday that the prognosis for further reducing his country's inflation rate is good and establishing sustainably low levels is a major objective. "To see inflation reduced to sustainably low levels is my objective and the objective
      Reuter  -  237 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      219 8 [)s JHvjl y 4w ic v ft:.s£-*<<■,• 4 i 'I v *3? ur£r t- V- jJMtf <' i' i(3 *,*£TmmmH a %^±lj> Arl *> £G*Hl? it^Vw *wB^EHBIIIHKfHBEfIRfIBHRBR^O^^.^^^^ v j KEEPING IN STEP WITH THE BUSINESS TRAVELLER. If business is keeping you on your toes in Singapore, you'll be glad that,
      219 words
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      Page 8 Advertisements Column 2
      387 8 Straits Steamship Land Limited I (Incorporated n the Republic of Singapore) I Announcement I The Directors of Straits Steamship Land Limited (the "Company") are pleased H to announce that in-principle approval was granted by the Stock Exchange of H Singapore Limited on 4 June 1991 for the proposed issue of
      387 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Bonn, Tokyo dodge rate cut calls at OECD talks
      506 9 US urges member states to guard against inflation AP PARIS Germany and Japan have dodged ealls for lower interest rates while the US ealled for "vigilance" against inflation at the annual summit of the world's 24 most industrialised economies. Other Cabinet
      AP  -  506 words
    • Article, Illustration
      Tiananmen remembered in London
      38 9 A boy comforts his father during a protest outside the Chinese embassy in Ixmdon on Tuesday to mark the second anniversary of the liananmen Square crackdown. Their headbands read 'Chinese workers June 4 commemoration'.
      38 words
    • Article
      Lock icon 4.2pc rise in west German GNP surprises economists
      279 9 IHT FRANKFURT The German government has announced that the gross national product of western Germany surged a robust 4.2 per cent in the first quarter of 1991, surprising many economists who had expected the country's nine-year upswing to start slowing sharply early
      IHT  -  279 words
    • Article
      Lock icon India swaps gold, seeks aid to ease cash woes
      223 9 Reuter NEW DELHI India, in desperate need of foreign exchange, has swapped 20 tonnes of gold in Zurich for US$24O million (***** million), bankers and diplomats said on Tuesday while Japan and the US are trying to help it come up
      Reuter  -  223 words
    • Article, Illustration
      Lock icon Teheran reconsiders Khomeini teachings
      409 9 Reuter MAHSHAR "We shall not shut the oil wells, neither shall we close the gates of our country," reads a quotation from Ayatollah Ruhollah Khomeini on a plaque in the hall of a National Iranian Oil Company guest house in this Iranian city. On Tuesday, Iran
      Reuter  -  409 words
    • Article
      Lock icon New chip pact settles last big US-Japan row
      370 9 Reuter PARIS A new US-Japan trade pact on microchips has cleared away the last major single-industry dispute between the two countries, but some trade experts say there is still scope for haggling. The US and Japan said yesterday that they would extend
      Reuter  -  370 words
    • Article
      Lock icon Kaifu may open up Japanese rice market: analysts
      261 9 Reuter TOKYO Japanese Prime Minister Toshiki Kaifu may soon do what was onee politically unthinkable and begin to open his country's fiercely protected rice market to limited imports. "Despite denials by Kaifu's aides and the Ministry of Agriculture, the press is constantly
      Reuter  -  261 words
    • WORLD WATCH
      • Article
        Bush allows Gorbachev to attend talks: paper
        93 9 WASHINGTON US President George Bush has agreed that Soviet President Mikhail Gorbachev mav attend the Group of Seven economic summit in London next month to present his plan for political and economic reform. British an< officials, the Washington Post reported vesterdav sa,( B
        93 words
      • Article
        Taipei and Moscow to baiter
        109 9 TAIPEI Taiwan is to allow its 10 state enterprises to barter trade with the Soviet Union in an effort to beef up business exchanges between the two countries. Wang Chungyu, executive director of the Commission on National Corporations, said yesterday that the 10 enterprises under
        109 words
      • Article
        Taiwan's exports up in May
        71 9 TAIPEI Taiwan's exports in May registered a record monthly high of USS6.BI billion (SS 12.05 billion), a 21 per cent upsurge from a year earlier, thanks to booming demand since the Gulf war ended. Meanwhile, imports jumped 16.6 per cent from the same period in
        71 words
      • Article
        Nations on track to join OECD
        64 9 PARIS Poland, Czechoslovakia and Hungary joined the fast track to full membership of the OECD on Tuesday and ministers from the three former communist states said they are not afraid of the pain they might feel along the way. The ministers signed an agreement
        64 words
      • Article
        Democrat nominated as envoy
        87 9 WASHINGTON US President George Bush has nominated Robert Strauss as ambassador to the Soviet Union, saying he is certain the prominent Democrat is the right man to represent the US in a period of "fantastic change" in Moscow. Mr Strauss is a former chairman of the
        87 words
      • Article
        Gem sale losses for Pakistan
        56 9 ISLAMABAD The state-run Gem Corp of Pakistan has lost US$2.6 million (554.6 million) on gem sales over a five-year period. Over that time, it produced 327.095 carats of emeralds. 1,005 carats of rubies. 417.087 carats of pink topaz. 11.011 carats of aquamarine. 315.075 carats of
        56 words
      • Article
        Call to end EC postal monopolies
        70 9 AMSTERDAM European Monopolies Commissioner Leon Brittan has called for an end to the monopolies on postal services which currently exist in all European Community countries. The Commission had been investigating since February agreements between the postal monopolies in eight European countries Germany. France, Britain,
        70 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      394 9 I Straits Steamship Land Limited I (Incorporated n the Republic of Singapore) I Announcement I I NOTICE TO WARRANTHOLDERS OF WARRANTS I 1994 ISSUED TOGETHER WITH *****,000,000 NOMINAL AMOUNT OF UNSECURED LOAN STOCK 1989/1994 ("WARRANTS 1994") The Directors of Straits Steamship Land Limited (the "Company") are pleased H to announce
      394 words
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  • Article
    An environmental watershed
    445 10 EDITORIAL WORLD Environment Day was celebrated yesterday, with less fanfare than Earth Day was earlier this year. But it was no less significant. In his message marking World Environment Day, United Nations Secretary-General Javier Perez de Cuellar urged action on climate change at next year's Brazil conference
    445 words
  • WHAT THE OTHERS SAY
    • Article
      Pyongyang peers out
      244 10 AFTER decades of insisting that it was "the only legitimate government" of Korea and adamantly rejecting the notion of separate seats at the United Nations for itself and South Korea, Pyongyang suddenly reversed itself last week and announced that it was applying for separate UN membership after
      244 words
    • Article
      For the better
      138 10 SLOWLY but surely, China is putting the Tiananmen incident behind it. Foreign investment has been rising slowly. And recently, the Bush Administration said it was in favour of renewing China's Most Favoured Nation status despite some opposition from Congress. But in spite of the end of the
      138 words
    • Article
      Focusing on economy
      167 10 THE RETURN of allies of ex-Chinese communist party chief Zhao Ziyang to politics does not appear to be just an act put up for foreign countries on the eve of the second anniversary of the Tiananmen Square incident. Though Hu Qili, Yan Minfu and Rui Xingwen have
      167 words
  • REGIONAL VIEWPOINTS
    • Article
      Let the peace plan work
      182 10 NO, not another false start! The Khmer Rouge pulled the carpet from under the ceremonial anointment of Prince Norodom Sihanouk as chairman of the Supreme National Council (SNC), a UN creation, even before the surprise over the show of reconciliation between the Phnom Penh government
      182 words
    • Article
      A deputy's role
      118 10 THE 100 billion baht (Ss69 billion) telephone project is clearly a civilian issue under the direct responsibility of the Anand Cabinet, particularly Communications Minister Nukul. Army chief of staff General Viros can take part in making a decision on it in his capacity as Nukul's deputy. And
      118 words
    • Article
      The path to change
      149 10 CHINA'S economic achievements have been largely the result of the resolve, drive and enterprising spirit of the Chinese people who can count on generous investments from their overseas brethren. The amazing average growth of 8.3 per cent for a nation of 1.12 billion people over the
      149 words
  • Article, Illustration
    Lock icon How best to help the Soviets
    792 10  -  The Soviet economy is in ruins. But the West is now increasingly cautious about giving aid to the Soviet Union. Louis Uchitelle reports Louis Uchitelle NYT WITH everincreasing urgency, President Mikhail Gorbachev is asking the West for tens of billions of dollars to help
    NYT  -  792 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      111 10 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 7 Stories on labour and its relationship with 1 r I management, management concepts in practice, (y S) profiles of leading managers in Singapore and j relevant book reviews. V V3 ENTERPRISE MANAGEMENT, in Business jS 11 Times every Monday, is must reading for
      111 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      48 10 DOONESBURY BY GARRY TRUDEAU cnunuK unj un HZ S A UTTI£ CCNCfXNEP PERSONALLY, I THINK MP IF YOU CAU. r uupe# Hi UeU NO THAT BECAJSC H5 MAS> E H& E&N6 A UTTL£ H£?£ AGAIN cWf iAiPOFf,P*oeetCTivetM- WT wranoip mikb's a wet* notify**, t^^Sep PMBtSSeeMAKOMAGB? VSKY ATTRACTIVE THtPCLCZ
      48 words
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  • ANALYSIS
    • Article, Illustration
      Putting Kuwait together again
      1141 11  -  The world thought that there would be rich pickings for those who could get contracts to help in the post-War reconstruction of Kuwait. But it looks like this is not going to be the case. Salil Tripathi, who was recently in Dubai, reports Salil Tripathi, ROME
      1,141 words
    • Article
      The Rolex refugees
      570 11 M ohammed Bastaki takes one last look at a non-descript four-storey building in Deira as he gets his wife and two daughters into a cab. They are on their way to the Dubai airport, their suitcases plastered with stickers saying "Free Kuwait", the daughters wearing identical blue
      570 words
    • Article, Illustration
      We are open for business
      585 11 FOR the last eight months a small office in Dubai's tall Arbift Towers has been the temporary home of Kuwait's C hamber of Commerce and Industries. A big flag of Kuwait and the now familiar portrait of the Emir, Sheikh Jaber A 1 Ahmed AlSabah.
      585 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      231 11 Two New Easy Ways To Roll Fix i j mmv as MOTrt t. MtW. «M<** X- r« orfUw. M off* SsUstf tnr |»il»4* aaliflo JC*ot-J». it «MI tr +tm tmrnmia*r» c» KMTI. ?i 9*9*\e— oarm**x% «4tfc t*» *»ll—lw» Hpi v*** UtIKU II <M*l „®VJ Br,. «.-it«»—r Za3& *i*myt m** 9*+»
      231 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      The pragmatic side of corporate sponsorship
      592 12  -  Some marketing executives view corporate sponsorships as an effective way of grabbing the consumer's attention. Hong Lee Tiam has the details Hong Lee Tiam NOT ALL megabucks spent on corporate sponsorships were committed in the name of public service. Some pragmatic marketing executives see
      592 words
    • Article
      S'pore well placed to play big role in the perfume business
      813 13  -  Corinne Kerk sniffs out the situation in the fragrance industry Corinne Kerk WHILE the future may look a shade dim for local retailers of luxury goods, some in the perfume business are showing more optimism. With the woes of
      813 words
    • Article
      COPY LINES
      287 13 LUXEMBOURG Plans to ban tobacco advertisements across the European Community have been criticised by a coalition of four of the 12 EC nations that could stop the ban from ever taking effect, diplomats said. The plan was attacked as unnecessary, undesirable and an excessive limit on freedom by
      287 words
    • Article, Illustration
      Welcome to the brave new world of advertising
      449 13  -  By Michelle Low HOT on the heels of the first little black book on advertising comes The Most Fun You Can Have With All Your Clothes On. No, this isn't the latest edition of the family planning instruction manual, with illustrations. It's
      449 words
    • Article
      TAG Heuer watches popular with locals
      493 13  -  By Yeep Wai Ban WHEN TAG Heuer SA started business in Singapore six years ago. it catered mainly to the Japanese. Today, seven out of 10 of their timepieces are sold to locals. Despite declining demand for the professional sports watches from tourists, especially
      493 words
    • Article, Illustration
      Saatchi gets the cats together for Chase ad
      203 13 SAATCHI Saatchi Advertising has come up with another creation that it hopes will be a "roaring" success. It's latest effort for Chase Manhattan Bank's foreign currency deposits features a diminutive kitten staring defiantly at its relative in the cat family a Bengal
      203 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      394 12 Splendour. Fresh from Nature. Good health comes naturally to you with Splendour stored in the hive as honey food for the bees. These Royal Jelly, Bee Pollen and Raw Honey. Nature ffirc harvested and now readily made available to you pure, natural foods. Without preservatives,Splendour.With all the essential nutrients intact.
      394 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      28 13 t MEr/2Hp 'i»^. JMW** >#£i> i, -►> •*> v., J r y -<* p $K I m *j i iSCQD^C 300 ORCHARD ROAD UNIT 02-03 THE PROMENADE 0923 TEL *****37 i
      28 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Becker overpowers Chang to meet Agassi
      708 14 French Open AP PARIS Mixing power and clay-court finesse, Boris Becker overwhelmed former champion Michael Chang in straight sets on Tuesday to set up a French Open semi-final showdown with Andre Agassi. Becker complemented his booming serve-and-volley game with steady baseline play to defeat
      AP  -  708 words
    • Article
      Lock icon Cash gears up for Wimbledon
      211 14 AP BECKENHAM Pat Cash has spent two years in the tennis wilderness, forced out of the limelight by a series of injuries. Now he's ready to return to centre stage at the scene of his greatest triumph. The 26-year-old Australian is at Beckenham in southern
      AP  -  211 words
    • Article, Illustration
      Lock icon A deft touch and a powerful serve
      513 14 AP PARIS He's in the final four of the French Open for the third time since 1987. He beat the 1989 champion with a devastating all-around performance on Tuesday at the French Open and made the final of another big clav-court tournament this
      AP  -  513 words
    • Article, Illustration
      Lock icon Muhammad Ali: boxer and evangelist
      631 15 AP DEER LAKE. Pennsylvania Once, he floated like a butterfly. Now, he has the walk of a caterpillar. Once, he stung like a bee. Now, he limits his jabs to occasional witty repartee. Mostly, he observes. He prays. Muhammad Ali has gone silent almost. He
      AP  -  631 words
    • Article
      Lock icon Ageing Hearns to fight on
      283 15 UPI LAS VEGAS Thomas Hearns at 50 is every bit the eager warrior that he was for his battles in the 1980s. Despite rumours to the contrary, there is life in his 32-year-old legs, and Hearns' 50th victory Monday night's unanimous decision over previously unbeaten
      UPI  -  283 words
    • Article
      Lock icon Thrills and death on the Isle of Man
      551 15 Reuter DOUGLAS, Isle of Man To the casual observer it sounds like hell on wheels a motorcycle race in which young men can meet their deaths by slamming into runaway horses at 200 kph. But for hard-bitten bikers, the annual Isle of
      Reuter  -  551 words
    • SIDE LINES
      • Article
        Piggott rides back
        91 15 EPSOM, England Veteran jockey Lester Piggott returned to the scene of his greatest triumphs yesterday as he tried to extend his record of English Derby victories to 10 on 40-1 outsider Hokusai. Six years after he retired and two years after he was jailed for tax fraud,
        91 words
      • Article
        Olympic marketing
        66 15 ATLANTA Marketing of the 1996 Summer Games will be controlled by the Atlanta Committee for the Olympic Games under a preliminary agreement with the US Olympic Committee. "Hie Atlanta committee will bank 70 per cent of the revenue generated by the sale of corporate sponsorships and other merchandising
        66 words
      • Article
        Sainz takes slim lead
        82 15 ATHENS Spain's Carlos Sainz on Tuesday powered his Toyota Celica Turbo 4WD to a slim, less than one minute lead over the Lancia Delta HF Integrate 16V piloted by Finland's Juha Kankkunen on the third day of the 38th Acropolis Motor Rally. The 32 special stages
        82 words
      • Article
        Bubka fails in attempt
        82 15 BRATISLAVA, Czechoslovakia Sergei Bubka of the Soviet Union failed on Tuesday to clinch what would have been his 26th world record pole vault at the first European meet of this year's lAAF Grand Prix series. He cleared 6.00 metres. Hampered by driving rain, a determined Bubka
        82 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      132 14 w M v^nV l WTrTv^i^YTBBSB Bfit jßivi |B f IP■ MB 1V 9(1 f9 E& p a H» f h pip Wn UT V7/MM /w I >ms A W fi^PiMBW P^*v^v r WSB^mMmsjo WF--,/" J| 2(0/ y^fl It's not that our restaurant is It's just that at the Selasih 11.30
      132 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      95 15 Our Family TVee. Spread among 11 offices in 7 countries throughout the region, our extensive 'Family' consists of over 760 dedicated members who between them are fluent in 15 id] languages. Reliable advice, resources and expertise from JOTI©S L3TIQ WOOttOII S people who speak your language. Wherever you are, our
      95 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      946 16 WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE. DINE Seafood Theatre Restaurant f Canton«e-Th» Cursww <JsO MAKE NO BONES ABOUT IT. *****1 NUS AIE VALUE-FOB-MONEY. C&&«1 <.)* \d Y——" > > *v v A rare treat indeed! Exotic Cantonese-Thai cuisine served to you
      946 words
    • Advertisement
      Page 16 Advertisements Column 2
      115 16 Savour The World For Just $15.00+ Be it Chinese, Indian, The Imperial Buffet Western or local cuisine. Lunch, youll be back you '11 not be watching for seconds. your diet at the Imperial Buffet L unch. Adult $15.00+ Child $9.00+ And with a daily change 12 noon 2.30pm daily, of
      115 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      772 16 TELEVISION AND RADIO Hiir rnon iSKSi-i. lf> business on radio t fill rH( K $.00 Amazing Stories Mirror. IH N«<MI. VVIV 7.00 Mirror (S.* Our C hoice). 6.M With The Qw.n BBC, 19.9 mNI VNF M N 8 30 Ctos6. 0.3U Amertci Funniest Home Vl* cjc QjimAnc r» f A
      772 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Celebrity Speaker
      848 17  -  His role is to ensure that the democratic parliamentary system operates fairly, especially when the government has a very large majority. Maureen Johnson interviews Bernard Weatherill, Speaker of the House of Commons since 1983 Maureen Johnson AP A BESPECTACLED figure in 18th-ccntury court dress who intones "Order, order,"
      AP  -  848 words
    • Article, Illustration
      Lock icon Made-in-USA fashion finds favour with Japanese
      820 17  -  The Ame-cazi craze has hit Tokyo, reports Kaori Enjoji Kaori Enjoji Reuter The made-in-usa label is muscling aside classic European fashion as Japanese consumers find American clothes, albeit re-spun with an upscale twist, now better suit their whims and wallets. "Even if it's an
      Reuter  -  820 words
    • Article, Illustration
      Getty to donate £1m to rebuilding Globe Theatre
      474 17 CHATTERBOX US OIL HEIR Gordon Getty has agreed to give £1 million (Ss3 million) towards rebuilding William Shakespeare's Globe Theatre on the site where its remains were found two years ago. The donation is conditional on Britain raising £8 million of its
      474 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      225 17 AND ENTERTAIN Super long Happy Hours at The Fountain Lounge means enjoying a 40% discount from 11.00 am to 8.00 pm plus snacks such as Spring Rolls or Samosas or Canapes or Meatballs or ZjLN. ana hotel la it M SINCAPORE Uems chan ged daily. There's Nothing Set About Our
      225 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Trading remains subdued as prices ease
      4971 18  -  By Dexter Lee THE Singapore stock market was quiet yesterday, with share prices closing generally lower in lacklustre trading although the key indices were up slightly. At the final bell, the local market was steady compared to Wall Street and Tokyo. The Dow Jones
      4,971 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4335 19 Main Board NatSteel I16() +40 +.16% SIA Foreign I 94(1 3l) 1 6% DBS Foreign 1410 +10 +0 7% SPH 890 10 H.l% UOB Foreign 745 >10 +14% lil Securities 90 7 »-8.4% Keppel Corpn 805 +5 0.6% OUE 745 5 10.7% lsetan 50* 720
    4,335 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      352 20 Company Date Year Croup Met Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Acma lun 4 Dec 90 $9 256($8.185L> 15 1(—) 10TE(—) Gold Coin lun 4 Dec 90 $*****($9622) 253(24 3) 1 4(85) lee Kim Tah lun 4 Dec 90 $1,794(11.111) 22(14) 2(1)
      352 words
    • Article
      DIVIDENDS ANNOUNCED
      1257 20 Currant Ex Baofcs Data Tatai far Total far paymant data daaa payaWa tka yur last yaar Aero 5% IE Jun 5 lun 17 Jul 1 10% ft Amal Steel 50c 10%(S) May 16 May 31 Jun 7 10% 126% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA
      1,257 words
    • Article
      PRELIMINARY RESULTS
      231 20 Company Date Year Croup pre-tax Net earnings Gross ann to profit/loss (L) per share dividend C000) (cents) MAA Jun 4 Dec 90 M$2.016($839) 4 5(1.5)" Murata May 31 Mar 91 51,552f(41 687f) 135 3(85 6a) 30(27 3a) General Corpn May 29 Jan 91 M$14,271 ($1.4361) 1.8(—) M Plantations
      231 words
    • Article
      INTERIM RESULTS
      170 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) Pacific Can Jun 3 War 91 $30($68L) Van der Horst Jun 3 Mar 91 $1,517(11.836) Kt Kepong May 31 Mar 91 M$45,437($54.588> NYA(5) Wearnes May 29 Mar 91 $21.878($28.406) 7(7) C4C May 17 Mar 91 $49.453($46.270)
      170 words
    • Article
      CORPORATE DEVELOPMENTS
      355 20 June 4 MBf Holdings has acquired a controlling 32.39% stake in Samanda Holdings for M545.36m. Straits Steamship Land has bought out Comrealty, its 50% partner in the Sydney Bayswater Village project, for Asl.3sm (Ssl.79m). The deal will also cancel out a loan of about As6m extended by the
      355 words
    • Article
      RESULTS DUE
      914 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net anramcerf endnf (cents) <fv profit last year (1000) Cerebos Interim Apr 27 Jul 91 126 200TE(a) 38.911 Spore Land Interim May 4 Dec 91 126 10 0 44 641(g) Awno Interim Jun 8 Sep 91
      914 words
    • Article
      APPROVED ISSUES
      406 20 Company Rights Issue Alcorn One h* two <a, MJ1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CUPS) of M$0 10 each at M$1 per share with 10m detachable TSH on the basrs of 1 CRPS with 1 TSR for every 4 CRPS Ex date Jun
      406 words
    • Article
      BONDS, LOANS & WARRANTS
      823 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term lor one ordinary share C4C Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus $0 77 cash or 1 warrant plus $0 77 nominal amount of
      823 words
    • Article
      COMPANY MEETINGS
      195 20 Hongkong Land HkJgs Ltd: Special GM at Top Floor. Jardine House. Connaugtit Road Central, Hongkong on Thursday. Jun 6. at 12.10pm (Hongkong time) KKepco Ltd: 18th AGM at 22A ialan Terusan. Singapore 2261 on Thursday, Jun 6. at 10am Esso (M) Bhd: 32nd AGM at the Ballroom. Equatorial
      195 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1010 20 Prices as at 05.06.91 Conversion terms Premium/ Expiry T- (discount) Amount Optional** using issued Company (mil Wrts Share Loan Con* Exer Lnsth Cash Cash, Loan Gearing. Date Mths units) stock ratio price nom Stk. Left value S CAC Wt 37 5 2 710 5 750 1
      1,010 words
    • Article
      PROPOSED ISSUES
      546 20 Company Rights Issue Bolton One for tour (a MJ2 00 per share Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount at Bonds tor every three existing shares Md Every 12 nominal amount
      546 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      107 20 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 delivery
      107 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks close off day's highs on profit-taking
      2013 21 Reuter HONGKONG stocks ended stronger yesterday with the blue-chip Hang Seng Index up 22.39 points to 3,690.01. Bargain hunting pushed it above 3,700 points before profit-taking trimmed gains. The broader-based Hongkong Index rose 14.45 points to end at 2,414.70. Volume remained thin (at
      Reuter  -  2,013 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      99 21 ,#vi W I It could be a controversial deal between two stock f \j market stars, a thought-provoking report by Mj university researchers on the latest trans-European \pS '*>> '>/ merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and
      99 words
    • Advertisement
      Page 21 Advertisements Column 2
      105 21 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT. FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every
      105 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Concern over futures expiry sparks selling
      2239 22 Reuter TOKYO stocks yesterday finished at their lowest level since February 13, as investors sold on concern over June futures expiry. Share prices drifted lower in thin volume. Statements yesterday by Bank of Japan governor Yasushi Mieno caused hopes for a discount rate cut
      Reuter  -  2,239 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      433 22 Sembawang Aims for the League The cash-rich Sembawang Group of Companies has em- barked on an ambitious mission. It intends to transform itself |jl m into a "world-class" multinational corporation by the turn of If/ the century. Group chief executive Ng Pock Too insists the MfjS mm 1 marine-based group
      433 words
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      Page 22 Advertisements Column 2
      141 22 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Pilling the gap
      141 words
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  • REGIONAL STOCK MARKETS
    • Kerin's remarks help Aussie stocks cut losses
      • Article
        AUSTRALIA
        754 23 AUSTRALIAN shares yesterday elosed lower but rallied off early lows after Treasurer Mr John Kerin re-affirmed the government's commitment to antiintlation policies. The All Ordinaries Index closed at 1.502.7, down 7.1 points. The market fell sharply in early trade due to doubts about Mr Kerin's support for the policies
        754 words
      • Article
        BANGKOK
        873 23 IN BANGKOK, major gains in constaiction blue chips and most finance issues moved the stock index up. The SET Index ended 7.40 points higher at 818.06. Turnover stood at 31.62 million shares valued at 3.42 billion baht. Siam Cement rose 16 baht to 664 and Siam City Cement 10
        873 words
      • Article
        JAKARTA
        691 23 JAKARTA stock prices closed mixed in fairly active trade yesterday, with cigarette shares dominating the market. The index eased 1.13 points to 394.00 on total turnover of 3.19 million shares, compared to Tuesday's 2.87 million. Brokers said Sampoerna rose 100 rupiah to 3,850 on rumours that the cigarette maker
        691 words
      • Article
        MANILA
        462 23 PROFIT-TAKING pared Philippine share prices yesterday in what brokers saw as part of a new consolidation phase ahead of bullish months. The Manila Stock Exchange composite index slipped 11.43 points to close at 1,138.48. Brokers said speculators sold oil issues as British drillers plugged the exploratory Sarap 1-well off
        462 words
      • Article
        TAIPEI
        482 23 TAIWAN share prices ended higher across the board in response to record export figures released late on Tuesday. The Weighted Index closed 90.75 points or 1.6 per cent higher at 5,676.19 as turnover fell to NTS 26 billion from NTS3O billion. Exports surged 21 per cent from a year
        482 words
      • Article
        NEW ZEALAND
        101 23 IN WELLINGTON, leading shares yesterday ended lower on a lack of interest from institutions and private investors who are preparing for some significant floats scheduled for the next few months. Pending share offers by Telecom Corp, GPG and later in the year Natural Gas Corp have encouraged buyers
        101 words
      • Article
        SEOUL
        750 23 SEOUL share prices made an upsurge in moderate trading yesterday on the back of growing signs that the government will take a move soon to support the stock market. The composite price index of the exchange jumped 12.12 points to close at 613.31. Advances outnumbered declines 617 to 79
        750 words
      • Article
        Lock icon BOMBAY
        126 23 Reuter BOMBAY shares on Tuesday recovered, after a two-day slide, on reports of the arrival of monsoon rains in southern India, brokers said. India's agriculture-based economy largely depends on monsoon rains. Higher farm incomes generate good demand for industrial goods which in turn boost the stock market. The Bombay
        Reuter  -  126 words
      • Article
        Untitled
        155 23 Wellington June 5 NZ Cents +/-VoKW) AirNZ.. 158 unch 195 ANZ Banking 460 5 Bank Of NZ 76 1 4720 Baycorp 10 unch 200 Bnertey Inv 121 2 4670 Carter Holt 180 -4 2122 Cavalier 170 Ceramco 130 unch 1157 Cityrealties 27 unch 106 Corp Inv 92 2 374 Cultus
        155 words
      • Article
        INDICES & TURNOVER
        90 23 INDICES TURNOVER (lose Previous J u ae 5 SYDNEY All Ordinaries Index 1.502.7 1.509 8 -7.1 MI Industrials Index 2.3508 2.3630 -12.2 AH Resources Index 856.8 860.2 -3.4 Turnover (million) 131.2 106.37 f 24.83 BANGKOK SET Index 818 06 810.66 7.40 Turnover (million baht) NA 2.240 JAKARTA Composite Index 394.00
        90 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        355 23 la local cwrency IaS$ In US$ June 4 Index day year change It year change day change year World 416.7 -0.4 16.4 -0.4 13.1 -0.4 11.1 $EAFE 543.7 -0.7 15.7 -0.4 9.5 -0.4 7.6 Europe 437.7 -0.5 20.1 0.0 6.5 -0.1 4.6 Pacific 879.3 -0.9
        355 words
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  • WORLD STOCK MARKETS
    • US stocks drop after 7 days of rises
      • Article, Illustration
        NEW YORK
        1330 24 NEW YORK stock prices edged lower on Tuesday for the first time in seven trading sessions. But drug stocks, a big drag on Monday's action, bounced back a little. After a six-day advance that lifted the Dow Jones Industrial Average almost 128 points, or 4.5 per cent, the
        1,330 words
      • Article, Illustration
        LONDON
        844 24 IN LONDON, active trading on the financial futures market and in the pharmaceuticals company Glaxo Holdings pushed share prices higher yesterday morning. But volumes were thin as many brokers and fund managers enjoyed the traditional day out at the Epsom Derby races. At 12:30pm (1130 GMT) the FT-SE 100
        844 words
      • Article
        AMSTERDAM
        329 24 DUTCH shares on Tuesday closed at the day's lows amid comments from dealers that the market could not hold current levels and was heading for a downward correction. Uninspired by the dollar's strength and Wall Street's new record on Monday, shares drifted lower from the opening bell and fell
        329 words
      • Article
        Untitled
        122 24 Brussels June 4 Francs FORWARD MARKET Acec 2555 35 Arbed 4290 90 Astur 1024 Brascan 600 30 Canpac 642 4- 20 Cock 179 -3 IX' Beers 832 12 Ebes 8400 Gb-Inno-Bm 1404 30 Gevaert 7010 40 Gr Bru Lamb 3705 15 Hobok Petro ***** 50 Ryl Dutch 2945 35 Sidro
        122 words
      • Article
        PARIS
        132 24 FRENCH share prices ended lower on Tuesday after a session dominated by profit-taking in the wake of recent rises and discouragement over prospects for lower French interest rates by high short term money market rates, dealers said. The CAC-40 index closed 14.37 points or 0.77 per cent lower at
        132 words
      • Article
        FRANKFURT
        207 24 GERMAN shares drifted lower again on Tuesday, sliding another 0.5 per cent after losing 0.6 per cent on Monday, as profit-taking ate into share prices. The 30-share DAX index declined 8.73 points to end at 1,685.38. up from an intraday low of 1,681.65. Traders said strong first quarter gross
        207 words
      • Article
        STOCKHOLM
        119 24 STOCKHOLM bourse prices on Tuesday retreated from Monday's year-high in large volumes, marked by profit-tak-ing after the strong gains recently, dealers said. The bourse general index fell 0.33 per cent to 1,117.86 in turnover of 564 million crowns. Blue chips lost 0.11 per cent on average. Dealers said rising
        119 words
      • Article
        TORONTO
        294 24 TORONTO stocks closed slightly lower on Tuesday as investors took profits and the market took a break after six straight days of marching upwards, dealers said. "It probably closed at the high of the day, so that may be a good sign," one trader said. The composite index ended
        294 words
      • Article
        ZURICH
        251 24 SWISS shares closed easier on Tuesdav as the market paused to digest last week's gains. Wall Street's early losses triggered light profit taking before the end of trading, dealers said. The all-share SPI index shed 5.2 points to close at 1,119.8, less than one point above the day's low.
        251 words
      • Article
        MILAN
        207 24 ITALIAN shares on Tuesday closed slightly weaker in what brokers described as a needed phase of consolidation after four sessions of charting new highs. "There was some speculative profittaking, but the large groups that had been buying in recent days weren't among the sellers," one broker noted. Foreign investors,
        207 words
      • Article
        JOHANNESBURG
        350 24 JOHANNESBURG share prices drifted slightly lower in slow trading yesterday morning, edging off their recent firm levels amid a lack of fresh stimulus. Among the few early changes, gold share Western Deep shed 1.50 rand at 122.50 as world bullion prices settled in narrow ranges just above US$36O an
        350 words
      • Article
        INDICES & TURNOVER
        86 24 INDICES TURNOVER NEW YORK Close Previous June 4 Dow Jones NYSE Financial S P 500 Turnover (million) 3.027.95 157.37 387.74 180.5 3.035 33 156.24 388 01 174.0 -7.38 1.13 -0.32 f 6.5 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.962.8 2.506.0 369 1.968.8 2.515.8 448 1 -6.0 -9.8 -79.1
        86 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      34 24 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840. On target, chartpoint in BT on Saturday
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenspan's remarks about US economy send greenback rising
      1179 25 REPORTS THE GREENBACK rose against the mark and yen on a late afternoon surge yesterday. Dealers attributed the buying to several factors, including remarks by US Federal Reserve chairman Alan Greenspan that he saw an increasing chance of a strong US economic
      1,179 words
    • Article
      INTERBANK FOREX RATES
      407 25 Crass rates June 5 I IJSS S$ MS Dm Yen SFr AS NZS USS 1.7690 2.7655 1.7425 138 90 0.5882 1.4895 1.3123 1.7138 SS 0.5653 1.5633 0.9850 0.7852 0.3325 0.8420 0.7419 0 9688 MS 0.3616 63.97 0.6301 0.5023 0.2127 0.5386 0.4745 0.6197 Dm 0.5739 1.0152 1.5871 79.71
      407 words
    • Article
      MONEY MARKET
      529 25 Interbank rates S$ Bid Offer Overnight 4 3/4 5 1-month 5 1/4 5 3/8 2-month 5 3/8 5 1/2 3-month 5 1/2 5 5/8 Overnight mode: 4-15/16 IS$ Bid Offer 7 days 6 6 1/8 1 month 6 1/16 6 3/16 2 months 6 1/8 6 1/4 3
      529 words
    • Article
      Lock icon Finnish govt proposes linking currency to ECU
      395 25 Reuter HELSINKI The Finnish government said it was proposing to parliament a change in the currency act which would effectively link the markka to the European Currency Unit (ECU). A government statement said the government and Bank of Finland were unanimous the markka's
      Reuter  -  395 words
    • Article
      Lock icon Canadian dollar may be allowed to rise
      223 25 Reuter TORONTO The Bank of Canada may allow further Canadian dollar rallies to help achieve low inflation targets set by the federal government. economists say. The unit has discounted more than five points of interest rate declines since rates peaked above 14 per
      Reuter  -  223 words
    • Article
      FINANCIAL FUTURES
      1209 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.84 93.85 93.79 93.79 7000 ***** 3433 Sep 91 93.56 93.57 93.51 93.52 ***** ***** ***** Dec 91 93.07 9307 93.00 93.02 5298 ***** 4387 Mar 92 92.88 92.88 92.81 92.84 2100 7550 1776 Jun 92
      1,209 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Opec freezes oil output to force prices up
      542 26 Reuter VIENNA Opec froze its output ceiling at current levels for the next three months, expecting rising demand to nudge oil prices gradually up towards its US$2l a barrel target. Stymied by Saudi Arabia's refusal to endorse output cuts that could quickly
      Reuter  -  542 words
    • Article
      Singapore, Tokyo rubber prices finish higher
      470 26 REPORTS SINGAPORE rubber prices closed steady to higher yesterday on late covering interest in line with higher Tokyo rubber prices. "The afternoon session was a bit uncertain on some panic covering due to higher Tokyo rubber prices. But prices eased back to around noon
      470 words
    • Article
      Lock icon Leading US traders charged with cheating customers
      272 26 Reuter NEW YORK Two of New York's leading commodity traders and their broking houses were named in a 60-count indictment accusing them of stealing trading profits from customers and making secret and illegal trades. The indictment charged Semel Co. its majority partner Preston
      Reuter  -  272 words
  • Article
    PRICES
    1146 26 Rubber June 5 HAS (to in bates) S cents/kg Noon Close Int 1 RSS Prompt Int 1 RSS July 91 Int 1 RSS August Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 147.25/148.25N 148.75/149.25 150.25/150.75 145.00/I47.00N 143 00/145 OON 138.00/140 OON
    1,146 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1440 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER Of NORTHPACT FORWARDING (S) PTE LTD (Incorporated in the Republic ot Singapore) (In Mumbers Voluntary Winding Up) At an Extraordinary General Meeting of the Members of NORTHPACT FORWARDING (S) PTE LTD
      1,440 words
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      Page 26 Advertisements Column 2
      124 26 Scalpel...scissors...siitures...BusinessTinies *h. »h«*r jrnt'rv a Mir*****. lawyer. ..nil a«fnr t« nifimfi all »he tiriml lifo«k th.it .»ffr< I thrm yim wfd i» hr k«f>t *HI irf<M m»*«l i<» maiHwiee rdM ns <m >'«ur mowy K%s»*niial inf.* mxiKW a«« rsnlw rvny hwtrss diy himitfh lUimwnn Timn In ihf samr may j
      124 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    927 27 City Flight ETA Right ETD City Flight ETA Flight ETD Abu Dhabi GA975 GA887 1300 1225 GA894 2340 MH607 SQ107 SQ109 MH642 MH609 1130 1305 1405 1450 1625 SQ106 SQI 08 MH641 SQI 10 1045 1145 1315 1445 Adoliidc SQ228 QF5 1905 2000 Iwitmllll SQ23 GA975
    927 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Carrying on a tradition in stone
      628 27  -  LETTER FROM SALISBURY By Maggie Fox GORDON Tucker may look like a 20th century man but as the chief stonemason working to repair Britain's Salisbury Cathedral he is stepping back into the world of his medieval forebears. Using mallet and chisel, the same tools
      628 words
    • Article
      MONEY CHANGER RATES
      150 27 As at 3pm yesterday: IjoaU dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.345 1.365 Canadian dollar 1.535 1.555 NZ dollar 1.020 1.060 Sterling pound 3.000 3.0300 US dollar 1.7700 1.7800 Local dollar* to 100 units of foreign currency Austrian schilling 14.20 15.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      79 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Medical International June 5-7 Specialized for Graz, Grazer Messe ********** Instrument Exhibition High-Tech Austria International Equipment Centre Innovation Exhibition June 2nd International Centra Instituto (541)*****40 j u ne 7-10 International Milano E.A Fiera *****971 5-11 Exhibition On
      79 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      42 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77 We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 27 Advertisements Column 2
      41 27 I f FANS HAVE THEIR SAY On what kind of competition they would like in place of the Malaysian Cup in case the Republic decides to pull out next season The latest news and much more. From lunch-time. Monday to Saturday.
      41 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      312 27 ACROSS [i F~| p~~| F p 1 Finish at the front, in plas- La mm mam mmm 9 Light none put out (4) pO M 10 Toy to make the pulse ,11 race? (3-7) Mii I I I 11 Girl with pain in both 12 Back-slapping when loud —is French,
      312 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      212 27 Singapore Outlook: Cloudy with showers over several areas in the morning. Report: Maximum temperature 31.2 Assoc humidity 79% Minimum temperature 24.5° C Assoc humidity 98% Hours of sunshine 1.90 Rainfall in mm 6.3 Rainfall this month 87.9 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/12 Fair
      212 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      44 27 iSSETffggBWgWBI pifctcTofc-vrn f jms tkdeA( E_xit stag^l a UORRI&D ABOUT j V irrr J Scene oocXstoge at srwagk. 7/ V i-E> V Old V«c.Th€am: we wftN-rs ts OROP w nr fcOUL OF HRmuex \I (X u -\V 8440 PMUV EVENING STANDARD CO. LTD.. IW2-IWI
      44 words
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  • Article
    Lock icon Taiwan launching huge privatisation scheme
    314 28 Some of the island's biggest companies are on otter Reuter TAIPEI Taiwan's Parliament has approved a proposal to privatise 20 state-owned firms, including some of the island's biggest industrial enterprises. The firms include China Steel Corp. China Shipbuilding Corp. Yangming Marine Transport Corp and three
    Reuter  -  314 words
  • Article, Illustration
    Lock icon Asean can help promote peace: Suharto
    151 28 Agencies JAKARTA Asean could help promote peace in the region, Indonesian President Suharto told his Chinese counterpart, Yang Shangkun, yesterday. The six Asean members entered into cooperation in the fields of economy, social, culture and also politics "with the spirit of brotherhood", he said
    Agencies  -  151 words
  • Article
    Lock icon Jakarta plans to raise public sector salaries by 15pc
    346 28 AFP JAKARTA Indonesia said in an unexpected move yesterday that it will raise salaries in the public sector by an average of 15 per cent as of next month. Finance Minister Johannes Sumarlin told reporters after a Cabinet meeting that the
    AFP  -  346 words
  • Article
    Lock icon Failure of Soviet reforms will hurt world peace: Gorbachev
    397 28 Reuter OSLO Soviet President Mikhail Gorbachev has urged the West to support his bid to transform Soviet society and warned that if the perestroika reforms fail, long-term world peace will be in jeopardv. But Mr Gorbachev, in remarks prepared for a
    Reuter  -  397 words
  • Article
    Lock icon Greenspan hopeful about economy
    253 28 Agencies OSAKA Federal Reserve C hairman Alan Greenspan said yesterday that indicators in the last 10 days had boosted the probability of "a stronger-than-expected recovery" in the US economy. Mr Greenspan, who together with the central bankers of Fngland. France. Germany and Japan was addressing leading
    Agencies  -  253 words
  • Article, Illustration
    Role for Asia in Soviet reconstruction
    845 28  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist AS LEADERS of the world's most industrialised nations debate the merits (and demerits) of inviting Soviet President Mikhail Gorbachev to the forthcoming G-7 summit, it is becoming obvious that
    845 words
  • Article
    Lock icon Opec to regulate Iraqi, Kuwaiti oil sales
    212 28 Reuter VIENNA Opec ministers said yesterday they would make sure Iraqi and Kuwaiti crudes do not swamp the market and cause a price war when the two countries resume oil sales interrupted by the Gulf crisis. "We have an agreement among us that
    Reuter  -  212 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      46 28 Nikon The World's Finest Photographic Systems CERRUTIIBBI MENS LADIES' B SALE am ITI discount i i y 1 9 June 91 E—*■: 10 am 8.30 pm Men's lUntlifjues hxi liimvi' IrHKlitMi lor SiiiL'.<|><>ri, M il ivm.i N IVtiiim-i IVi-Nlijjc h.oltions l't«- I rd Tel: 274 IMI
      46 words
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      Page 28 Advertisements Column 2
      23 28 Nikon The World's Finest Photographic Systems How best to help the Soviets, Pg 10 Opec freezes output to force prices up, Pg 26
      23 words
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  • Shipping Times
    • Article, Illustration
      NBC to focus on foreign lines for container repairs
      438 29  -  From Rahita Elias in BANGKOK NBC CONTAINER Depot, a 30-70 joint venture between Neptune Orient Lines and Thai partners, is planning to make big splash in the Thai container refurbishing scene. Mr N Sivaraman, its general manager (commercial), said that the
      438 words
    • Article
      Lock icon Boeing awards US$1b in contracts for 777 work
      264 29 UPI SEATTLE The Boeing Co announced on Monday that it has awarded contracts worth a total of more than i US$l billion (551.76 billion) to three aerospace companies for development work on the Boeing 777. The recently signed contracts are with two
      UPI  -  264 words
    • Article
      Lock icon Complaint that US Shipping Act stifles competition
      159 29 Reuter NEW ORLEANS The conference provisions of the federal Shipping Act of 1984 are preventing the Ix)uisiana chemical industry and others from competing for international exports, chemical makers said at a presidential advisory panel meeting here. The manufacturers called the conferences an association
      Reuter  -  159 words
    • Article
      Lock icon Blasts hit shipping office in Davao
      179 29 UPI DAVAO. Philippines A bomb explosion ripped through a shipping office owned by a controversial official in President Cora/on Aquino's government yesterday. triggering a two-hour fire but causing no injuries. No one has claimed responsibility for the bomb attack at the warehouse of the
      UPI  -  179 words
    • Article, Illustration
      Lock icon UAL asks Boeing to look into building a 650-seat aircraft
      465 29 Reuter PARIS UAL Corp, the parent of United Airlines, has asked Boeing Co to look into developing a new 650seat aircraft, UAL chairman Stephen Wolf said on Tuesday. If built, the aircraft would be the largest commercial jet in service,
      Reuter  -  465 words
    • Article
      Lock icon Goodyear CEO resigns
      176 29 Reuter AKRON, Ohio Goodyear Tire Rubber Co, the world's biggest tyre maker lacing mounting losses and competition, said that chair- man and chid' executive Tom Barrett had resigned alter two years at the helm. The board elected Stanley Gault. 65. former chairman and chief executive of Rub-
      Reuter  -  176 words
    • Article
      IMC starts recruitment drive for S'pore office
      350 29  -  By Magdalene Phang INTERNATIONAL Maritime Carriers (IMC), which is moving its operational headquarters here in July, has started an extensive recruitment drive locally to fill key shipping positions. Of the over 100 employees expected to work in the Singapore office, about 60 will
      350 words
    • NEWS SUMMARY
      • Article
        Finding a solution to road jams
        50 29 SOMETHING old. something new, something borrowed and something blue might be an apt description of the UK Secretary of State for Transport's major policy speech at the Transport in Europe conference last week, but it was by no means a pejorative one Page 2
        50 words
      • Article
        Car output in E Europe may rise by 48pc
        36 29 PRODUCTION of passenger cars in Eastern Europe is expected to increase by over 48 per cent by the year 2000 and reach 3.34 million units Back Page
        36 words
      • Article
        US car sales plunge by 14.5pc
        65 29 SALES of US automobiles plummeted 14.5 per cent at the end of May eompared to the same period last year, despite indieations that the economy was on the rebound. From May 21 to 31, nine of the 10 major US auto manufacturers reported sales
        65 words
      • Article
        EC approves US$1.3b natural gas pipeline
        39 29 ALGERIA, Morocco and Spain have been given "the political green light" by the European Commission (EC) for a US$l.3 billion natural gas pipeline. Financial contributions are expected to be agreed later Back Page
        39 words
    • LOG BOOK
      • Article
        W Australian yard wins HK patrol boat contract
        84 30 PHRTH A shipyard in Western Australia has won a multimillion dollar contract to build six patrol boats for the Hongkong maritime police, a company spokesman said. The vessels will be designed and built by Australian Shipbuilding Industries, Helen Mills said. She said
        84 words
      • Article
        BA's unit gets cargo deal
        51 30 LONDON Royal Brunei Airlines has awarded its Heathrow Airport cargo handling operations to Freight Centre International (FCI), a cargo handling unit of British Airways. Royal Brunei, which shifted its operations from Gatwick to Heathrow this month, has two weekly (lights from London to Bandar Seri
        51 words
      • Article
        US cruise market still in the lead
        85 30 LONDON A test findings in Lloyd's Annual Cruise Review 1991 revealed that the United States continued to dominate the international cruise industry, providing 80 per cent of the world's total capacity. It is predicted that by the turn of the century there would
        85 words
      • Article
        TNT sells Airborne shares
        67 30 LOS ANGELES TNT Ltd, an Australian transportation company, has sold its 2,160,000 shares of Airborne Freight C orp, said Roy Lijebeck, Airborne's chief financial officer. He said TNT had been the company's largest single shareholder. He said he had not spoken to TNT but that the
        67 words
      • Article
        Vietnamese told to turn back
        78 30 KARACHI Pakistan refused political asylum sought by 37 Vietnamese refugees aboard a merchant ship at Karachi port on Monday, police said. Women and five children among the refugees were in a miserable condition and some wept while asking for asylum, a crew member said. The
        78 words
      • Article
        Samarec postpones shipments
        70 30 TOKYO The Saudi Arabian Marketing and Refining Co (Samarec) has told Cosmo Oil Co that it will postpone naphtha shipments for end-June loading due to a refinery problem in Jubail, a Cosmo products trader said. Samarec gave no details of the refinery problem, but some traders said
        70 words
    • Article
      DAILY FREIGHTS
      937 30 DRY CARGO chartering on Tuesday was very slow to emerge and although underlying market sentiment is still firm, brokers said signs of a softer trend in July and August were evident. Some charterers were unwilling to support further rises in rates and were holding back tonnage, the brokers
      937 words
    • Article, Illustration
      Lock icon Fighting against congestion
      1108 30  -  The UK Secretary of State for Transport's new transport policy has produced encouragement for the railfreight development. But Michael Grey questions whether shipping solutions are being neglected Michael Grey Lloyd's List SOMETHING old, something new, something borrowed and something blue might be an apt description of the
      Lloyd's List  -  1,108 words
    • Article
      COCKETT BUNKER MARKET REPORT
      799 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, j shows price ranges in US dollars instead of single prices for a more 1 comprehensive description of the market. Prices shown are based on average-sized stem. Market movements i are indicated. The Cockett Bunker Price
      799 words
    • Article
      THE SHIPPING GUIDE
      10145 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      10,145 words
    • Article
      SHIPPING AGENTS
      3334 43 A xm.B( C ontainerline NV: Belsin Shpg Ngencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatrus Sea-Air Service: Lrata Shpg Pte Ltd
      3,334 words
    • Article
      COURIER SERVICES
      258 43 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Fx press I ravel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. Cit)-I ink International Tel: 344-3377. Fax: *****50. Cluster
      258 words
    • Article
      AIR FORWARDERS
      1536 43 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
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      PORT CONDITIONS
      2020 44 ARGENTINA Buenos Aires: Ihc dispute with the gantry crane operator spread to other machine/crane operators. Ihe port was disrupted by union action. Although their demands have not been fully met. crane operators are working normally again. In the past few days arrival have outnumbered sailings and the port
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      AIR FREIGHT SCHEDULE
      471 44 ARRIVALS DEPARTURES Op Flight I > pt ETA T From Op Flight Type ETD T To today today KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK NCA KZ203 B747F 1930 I NRT SI A SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345
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      Lock icon SHIP SALES & TANKER RATES
      667 44 SHIP SALES TANKER RATES Reuter. AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Berlinda: 77,300 dwt and built 1982, sold to London Greeks for US$l5.7 to US$l5.9 million. Broomer 43,813 dwt and built 1967, sold to Greek concerns for US$2 million. Tanta: 30.075 dwt and built 1973, sold to Greek
      Reuter.; AFP  -  667 words
    • Article
      CRUISE & FERRY SCHEDULES
      290 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of V essel ETA KID Ports of Calls Fort Agent JUNE 07 08 Andaman Princess 1800 1100 Cruise-To-Nowherc Lines Int Holding 08 08 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 09 09 Andaman Princess 1000 1700 Sin-Songkhla-Sin Lines Int Holding 12 12
      290 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        401 45 Vessel Voy No Berth Arrival Departure Vtuti Voy No Berth Amval Departure Keppel Wharves Amistad 45A K34 alongside 07.06/0600 d ton8 «/ii22! Ma Florean 2208E C10 alongside 0706/1200 fn feng 91/6 K32 0606/1500 Pearl 1 1/91 C09 0506/2300 y d^nRS^ e MnmttX Trade Fir E 900 K31
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        CONTAINER SCHEDULE
        876 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Daisy 14 08/0100 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 M Waiba 59 08/2300 2 05/1700 06/0659 06/0900 3 06/0700 06/1159 06/1400 4
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        IN MALAYSIAN PORTS
        257 45 Penang Port Berth in Butterworth on June 5: 1: Frants Bogush. 2: Santos; 3: Builder III; 4: nil; 5; nil; 6: nil. Penang Wharf: NB: Kentonvale Star: CB: ml; S8: nil. BCT: Bl Abadi. 811: Oh San Tofc; l/B: ml VOTF: ml. Due on June 4: Equator
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    • Article
      Eastern Europe car output likely to rise by 48pc
      489 46 Production of passenger cars in Eastern Europe is expected to increase by over 48 per cent by the year 2000 and reach 3.34 million units. Making this forecast in a special report, the Economist Intelligence Unit also expects East European vehicle
      489 words
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      Lock icon EC approves US$1.3b gas pipeline
      233 46 Lloyd's List BRUSSELS Algeria, Morocco and Spain have been given "the political green light" by the European Commission (EC) for a US$l.3 billion natural gas pipeline. Financial contributions are expected to be agreed later. Industry and energy ministers from the three countries met the two
      Lloyd's List  -  233 words
    • Article, Illustration
      Lock icon US vehicle sales plunge 14.5pc
      255 46 AFP DETROIT Sales of US automobiles plummeted 14.5 per cent at the end of Maycompared to the same period last year, despite indications that the economy was on the rebound. From May 21 to 31, nine of the 10 major US auto manufacturers reported sales
      AFP  -  255 words
    • Article
      Lock icon Insurance groups, salvors try to claim sunken treasure
      296 46 UPI NORFOLK The legal battle over a fortune in sunken treasure returned to the courtroom yesterday, where lawyers for an Ohio salvage group tried to fend off an array of competing claimants. The ColumbusAmerica discovery group contends insurance companies and rival salvors
      UPI  -  296 words
  • Page 29 Advertisements
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      278 29 HI ISWEE HENG METAL CO PTE LTD No 13 TUAS AVENUE 14 SPORE 2263 FAX *****46 TEL *****55 (5 linn) TLX RS ***** SHMCPL SOLE AGENT FOfl H|^K Maintenance Equipment aiso repair ggj The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment
      278 words
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      Page 29 Advertisements Column 2
      60 29 1 1111 11,1 Ait f jrwarders 15 j Ah freight Schedule 16 Cochett Report 2 i Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily 2 Indei to Advertisers 3 Port Conditions 16 Shipping Agents 15 j Shipping Guide 10.11 Shipsales Tanhei Rates 16 Ships m Pod 17
      60 words
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      Page 31 Advertisements Column 1
      2262 31 JAROINE SHIPPING AGENCIES \lllF/ Canton inent Road #12 05 Soulhpomt. Sinciput* 0208 fei *****11 telex 24m IfCTTTIVI TERMINAL ,'CES Tel *****18 220 r1?999n BOOKINGS Tel *****34 258 %*A*# PESAKA SHIPPING AGCNCIES SDN BHD PORT KELANG TEL *****18 TELEX MA***** MA***** »1 I. I 1., PENANG lEL *****4 TELEX NO MA4OO/3
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      Page 31 Advertisements Column 2
      960 31 INDEX j TO ADVERTISERS I'ußi 1 Col Pagr C ill j 1 Vlacoline 18 3 1 Vfaer>k Line 3 4/5 MISC' 14 1-3 AHC Containcrlinc 12 1 Accord Group 8 1-3 M'sia Shpg Corp 9 1/2 Aeropak lixpress 9 3 Mercury l.ine 12 2 API S J-5 •MOL 18 4/5
      960 words
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      Page 31 Advertisements Column 3
      1948 31 ■□EHijsanna TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETO WEEKLY TOESOAY AND WEDNESDAY SINGAPORE/KOBE 7 DAYS 1 VeSSe< Voy ETA ETO -Port P»n«nfl DESTINATIONS TMt Mane MMfto 9106 Fe«o«r by KHBWI—fW—— 116 o6oc HRS M Pinto ■hhh crs 10/6 2359 HRS OAK LGB HOU MEM ATL
      1,948 words
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      Page 32 Advertisements Column 1
      1204 32 I"! VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ELBE 05/122 6/6 2776 2576 24/6 LEVERKUSEN EXPRESS 01/322 9/6 26/6 28/6 1/7 2/7 IMMHI LONDON EXPRESS 02/123 14/6 6/7 5/7 3/7 ALL WUTIOUJtD P KITANO 08/323 16/6 7/7 5/7 4/7 9/7 KIIANG ft PCMAKO CARGO HAMBURG EXPRESS 03/124 20/6
      1,204 words
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      Page 32 Advertisements Column 2
      672 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA I NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 20/7 3/8 6/8 7/8 Agents •lIHI SINC.APOKK *****1 I Jardine
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      Page 32 Advertisements Column 3
      1521 32 mnMSBi susmrs REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM JU.G BCL HAM BRE ROT ANT Fa LHA (MA (VIA (MA ALC) HAM) ROT) NOR ASIA SINGA 9113-3 08/06 28/06 29/06 02/07 03/07 M/ 07 05/07 0«/07 07/06 NORASIA AL-MUNTA2AH 9114-3 14/06 04/07 03/07 07/07 OS/07 09/07 10/07
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      Page 33 Advertisements Column 1
      2071 33 sgSteamers Maritime Holdings Ltd W PfrO pflV STRAITS SHIPPING WRJAk CZ Siifaport to BruMi, East Malaysia, ww Containers MJV m mmm Voy No f" P#o/ fPW S po*e Alf Sou Ant Rot Hbf RtGiNA MAINS* 9108 01 06 03/06 06 06 20 06 23/06 24 06 27 06 ACCEPTS DUf
      2,071 words
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      Page 33 Advertisements Column 2
      2486 33 TO: U.S.A./PANAMA FM: U S.A./PANAMA sp oak tgb cm nm sav nor nyc nyc no« sav cri igb oak sc CHOYANG VICIOHY 1F122 8 4 J/I 5// l«/ 7 1», 7 M/ 7 ?J,'7 lAMN MNATC* MA 117 M/ 4 2S/4 J/5 12/5 13/5 9/t CHOYANG KWONIO IfUi 10/7 17/7
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      Page 33 Advertisements Column 3
      386 33 BSH' STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA/NAGOYA/ YOKOHAMA AMBALIKA V62NB ETA SPORE 8/6/91 ETA PK 10/6/91 COSMIC LEADER VINB (MAIDEN VOYAGE) ETA SPORE 9/6/91 ETA PK 12/6/91 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK
      386 words
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      661 34 MB CH NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE »Sl WO* S POSC ROAM AOAM H BURG BREMEN ANTWERP VAIAMAV ,'SWH ?0 t> 2! 1 21 1 J1 i 8 SR'WtiAYA *-'WB 18 7 19 8 2"> 8 .*9 8 2 9 KUTAJ .MWB 8 26 9 1 10 b
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      Page 34 Advertisements Column 2
      1101 34 HANJIN SHIPPING Snore LEH RTM ANR HAM BRV FEL BFEEDtR VSL SIN LINE MAUI IGB OAK HANJIN LONGBEACH 033* **********625 6 26 6 27 6 .jjjJJJjj }|/6 SIFCT \n I\n HANJIN HONGKONG 029* 116 29 630 6 1 1 2 7 3 'IEJE 2 F j I L S J
      1,101 words
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      Page 34 Advertisements Column 3
      1525 34 j _j .T liaiu«. K >« G KSC lG IBC WMW mi Tl# HK PSO CM Ml UP lt-033 12/6 14/t 18/6 20/ i 21/6 24 t 26/6 21 6296 30 6 *****247 26 7 2* 7 6 1 71 IS **********1 4/J S/J I t M/S H®*® 21 1/7
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      Page 35 Advertisements Column 1
      2026 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 #USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MK AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE *****48 CFS: K27 IMPORT: *****69/*****50 47 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33,
      2,026 words
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      Page 35 Advertisements Column 2
      1049 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNDOtSCHARQNG WESTBOUND—LOADING TRANSHFPED VIA ROTTERDAM wssis wt Itti n«6 ior pit |m [tic fiS [~ni rtn
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      Page 36 Advertisements Column 1
      1752 36 a 4 4 W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 14 MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SDN BHD A A JL All TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUT
      1,752 words
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      Page 36 Advertisements Column 2
      766 36 v.« PHILI-ORI€NT UN€5 PT€ LTD 108 ROBINSON ROAO *0/00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MILMBER OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION 10 JUN OTTAWA. Toronto, 14 JUN DUBAI. DAMMAN. SHARJAH.
      766 words
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      Page 36 Advertisements Column 3
      477 36 GOLDEN LINE A GUAN GUAN SHIPPING \j§£2\ (PTE) LTD 1 23. Telok Ayer Street SINGAPORE 0104 TEL: *****88 (10 LINES) Fai *****04 <CR No ioi29ssooowo STRAITS/PERSIAN GULF SERVICE < j S pore P kaiang Penary w GOLOCN HMVEST Colomte karach. Dutu- 14/15 km GOLDEN WONDER CokwrDo Karachi Dtlai 2130 km
      477 words
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      Page 37 Advertisements Column 1
      1508 37 SSSSJ®## PACIFIC INTERNATIONAL LINES (PTE) LTD M mUttt P'L Building. 140 Cecil Street *****, Singapore 0106. [JAKARTA H [BANGKOK 1 VESSEL VOY SIN JKT SIN wnv ci N rkk SIM EQUATOR MAS 06N 8/6 10/6 14/6 INGENUITY 136N 7/6 10/6 14/6 BUNQA TERATAi 233 8/6 11/6 16/6 KOTA BINTANQ 9117
      1,508 words
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      Page 37 Advertisements Column 2
      961 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG PRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon 7/6 24/6 25/6 27/6 28/6 Juliarxjia 176 8/6 30/6 1/7 Arosia
      961 words
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      Page 37 Advertisements Column 3
      559 37 Ifflflfc MYANMA «BBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdg PAGAN VI7IW 8/10 Jul AVA VIOBW 16/11 tun THE BANK LINE (A Mrvtc* of Andrew Walr Shipping) \I SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I SPORE FOR
      559 words
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      Page 40 Advertisements Column 1
      712 40 TO AUSTRALIA/NEW ZEALAND S" Frwi M«* Syd Auck Tn« |P CHALM c wrolmi 211 Ts~6~ 171 liTi Tn 7/7 Tn ANTNfRPfN 273 S/7 TO7t~ "UTT"" 20/7 2377 2V7 MAHIHA 2/5 VI 11/» 15 U 24/1 2C/S 771 ELLEN HUWC 2/t~ 15 1 22/1 2«7» HI 6/9 TT7» TO USA/CANADA Wl
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      Page 40 Advertisements Column 2
      846 40 EXPORTS TO HONGKONG, TAIWAN t JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUNO VOY PKL PNC WT SIN HKG MAO ~KEE TYO SM2 VESSEL VOY SIN |PKL PNG BIN SIN ACX DAISY »•< *>< 14 6 18 6 19 620 6 ACX DAISY 14 iT" ~1« J CX IOTUS 138
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      Page 40 Advertisements Column 3
      308 40 p t perusahaan pelayaran{ i W> KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK w l ETA/EID DESTINATION I j NIAGA MR Yoy 13/91 8/10 km Ilkarta Patembanj I NUGA <2 Voy 9/91 12/13 km lakarta I NUGA XXI Voy 13/91 15/17 km lakarta Pjlem6in( I MAGA XXI Yoy 14/91
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      Page 40 Advertisements Column 4
      1452 40 TTTiTWWWIT*i '3? CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE 2. MISTRI ROAD HMC BUILDING TEL: *****00 #15 00. SINGAPORE 0207 TELEX: IK 2M30 COSH* CR NO **********0 M FAX: ***** M CABLE: COSTMUNE General Agents: CO6TAR SHIPPING PTE LTD HONOKONQ AND CHINA OtSStL/WY SGP HKG SMA MN HPU OAI
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      Page 41 Advertisements Column 1
      1014 41 roc COWVKWTIOWAL WPIVICB Vessel PKL PNG P C loading for A VESSEL A/06 Rotterdam Antwerp CHINA nnx CONTJUNEK WnViCB Vessel SCP PKL BKK HKG QIN SHA YANGfANGKOU 151 02,6 03,6 07/6 12/6 16/6 YANGf ANGKOU ISJ 02/7 03/7 07;7 12/7 16/7 Also Keeping other chines* ports »u HKG AIHTHALIA FULL
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      Page 41 Advertisements Column 2
      346 41 RICHFIELD MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lln««) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) |f£\ ETHIOPIAN SHIPPING LINES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ABBAY WONZ .>BWB 08/06 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANDINET 24W8 20/07
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      Page 41 Advertisements Column 3
      653 41 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA El* EM SPORE PORT KELANG PENANG BIUE lADE 18 6 Loadirig lor Ma> IRUVAI HUOHU IS 6 Loading for Cakulta DOLPHIN 26/6 Loading For Male PIONEER SUPREME IS; 6 Loading For Male OONAHLH HI 10 6 Loaded For Feltmaru PROGRESS
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      Page 41 Advertisements Column 4
      417 41 SYDNEY/MELBOURNE BANGKOK |*ssil [wv stow STP Ma mmkw PITA BHW 0905 20 21/6 03-5/7 07 -8/7 NANTA BHUM 44N 9/6 12/J flMltT _IW® 5-6/7 18 20/7 22-24/7 CHAIYA BHUM# 13N Mo. Tl3 6 6 [mTa** 1 1106 20-21/7 02-4/8 068/8 OEM BHUM#' 14N Ul 15/lT P.KELANG/PENANG/KUANTAN MAH jjgL d WL
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      Page 41 Advertisements Column 5
      444 41 &saigai TMtR-UnE VSL VOY SINGAPORE MADRAS SINGAPORE Vessel voy sin maa sin TIGER STAR 162N 13-13/06 19-21/06 27-27/06 KURILSK 162 A 16-16/06 23-25/06 01-01/07 TIGER BAY 163N 21-21/06 27-29/06 05-05/07 VSL VOY SINGAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 131CNB IN PORT 11-13/06 19-20/06 LHOTSE 403 12-12/06
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      Page 42 Advertisements Column 1
      1271 42 m A MAC-NELS SINGAPORE I urtm tel *****22 iwpmt tiu *****02 PENANG TEL (04) *****6 )KK TEL (088) *****0 TAWAU TEL (089) *****9P KELANG TEL (03 *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 PADANG TEL (751) ***** I—IW \_2_J
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      Page 42 Advertisements Column 2
      378 42 BLUE STAR LINE SINGAPORE TO dy NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DI'NEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK LYT MUIBERA 21$ 10 iun 25 lun Via NPI 27
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      Page 42 Advertisements Column 3
      1137 42 I 2jf THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00. #16 00 SIA BUILDING SINGAPORE 0106 fm TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor |£T« [PEST VESSEL VOY ETA PEST
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      Page 44 Advertisements Column 1
      184 44 (M SIGNIFICANT SHIPPING' I \VVEEKLY LCL CONSOLIDATION SERVICES 11 sfiVl fial H <il SM il DUBAI, BAHRAIN, DAMMAM, MUSCAT. ABU DHABI, DOHA, SHARJAH, BANDAR ABBAS AND JEDDAH. 17/JUNE J 21/JUNE J 2B/JUNE^^^^^^^^^^^^ HOCHIMINH, DANANG. NHATRANG, CANTHO VUNGTAU. HAIPONG. QUINHON ETA SIN 7/JUNE, 11/ JUNE, 14 JUNE PIRAEUS. LIMASSOL, TRIPOLI/LIBYA, TRIPOLI/LEBANON,
      184 words
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      Page 44 Advertisements Column 2
      121 44 UE^I^K y' j Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to he kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same way a surgeon needs
      121 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      321 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 ***************0 1400 *****600 *****800 1900 2000 2100 2200 2300 JR 14 1.7 2.1 2.3 2.5 2.3 2.2 19 1.5 12 09 08 08 1.0 12 16 19 2.1 2 2 2.1
      321 words
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      Page 46 Advertisements Column 1
      798 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH WEST FEEDER VOX ]HR PKE SIM LINE HAW. VOT IBH OAK St* LINE HAUL KOV TCM/SEA PTI WAN HAI 202 021 09/06 10 06 12/0« H COMMANOER 26E 01/07 11/07 14/07
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      Page 46 Advertisements Column 2
      186 46 Bf.UW.T.i PASIR GUDANG SINGAPORE n flillll CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR GUDANG SINGAPORE HOT ETA 2100 HIS ETD 0700 HRS ETA 1300 H»S 005? 7/( It 16 00«S 10 6 11/t 116 00/S 14 6 15 6 IS C 00(S 17/6 11,6 116 009$ 21 6 22/6
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      Page 46 Advertisements Column 3
      545 46 CHARTPOINT Every Saturday in Business Times m »UK OA* HOU DAi CM I NOi jWM NYC OUR USA Wl w nT »ai«To« coijmus >vNo 11 6 ITT nT «T ~XT HT «T 777" SERVICE CALLS w awmiwnmi >***** 177 "liT T7 TT TT T7 T7" TT TT SINGAPORE «umt« ao»»
      545 words