The Business Times, 7 June 1991

Microfilm: NL17507
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 16/12/90 Friday, June 7, 1991 75 c
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  • NEWS SUMMARY
    • Article
      Philippine Congress votes to curb debt repayments
      60 1 MANILA Philippine legislators yesterday voted to restrict foreign debt repayments while approving a law designed to attract investment from abroad. Defying appeals by President Corazon Aquino, the bicameral Congress approved a clause limiting foreign debt repayments to a level equivalent to 20 per
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    • Article
      Khmer Rouge ends ceasefire
      25 1 BANGKOK The Khmer Rouge yesterday announced the end of the ceasefire in Cambodia following the failure of peace talks in Jakarta.
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    • Article
      Niche for consultants
      27 1 A LOCAL company. ChinaDeal Consultants, is carving a niche in the Chinese market by providing consultancy services for prospective investors in China Page 2
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    • Article
      Westinghouse HQ
      20 1 WESTING HOUSE Electric Corporation has set up a regional headquarters in Singapore for process control operations Page 2
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    • Article
      US firms spurn market
      17 1 AMERICAN companies have spurned the multi-billion-dollar Asian market in pollution control Page 7
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    • Article
      Ready to go it alone
      29 1 THE Cambodian government is ready to go it alone even if a UN plan to end 12 years of civil war fails Page 7
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    • Article
      Concern over Moscow
      24 1 WESTERN ministers have expressed concern about the collapse of the Soviet economy, urging Moscow to push on with reforms Page 8
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    • Article
      Ulterior motives seen
      23 1 THE Bush administration has ulterior motives in wanting to include Mexico in the North American Free Trade Agreement Page 11
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    • Article
      Ike rumour rekindled
      41 1 A PREVIOUSLY unknown collection of wartime letters from US General Dwight D Eisenhower to his driver appears likely to stir renewed debate over whether the two were lovers during the last year of World War II Page 13
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    • Article
      New box ship for PIL
      30 1 RESPONDING to customer demand for full container services, Pacific International Lines (PIL) has added a new container ship to its fleet. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      40 1 WALL STREET showed no clear trend early yesterday as traders assessed the outlook for interest rates and the US economy. The Dow Jones average of 30 industrials rose 1.79 points to 3.007.16 in the first hour of trading.
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    • Article
      Footsie higher
      23 1 SHARES were mixed in London at midday yesterday. The FTSE 100 Index had risen 2.6 points by 1109 GMT to 2,524.1.
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    • Article
      Parkway doing better
      26 1 PARKWAY Holdings' financial accounts are in a much healthier state following moves into properties and various businesses in Singapore and overseas Page 3
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    • Article
      Tech Resources offer
      39 1 TECHNOLOGY Resources Industries, through Rashid Hussain Securities, said yesterday that it is making a mandatory cash offer for the 79.12 million Malaysian Helicopter Services shares it does not own at M 54.75 per share. Page 3
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    • Article
      Support for body
      37 1 MOST factoring companies in Singapore support the setting up of a local factors association. but only if its aims are clearly spelt out and it has the backing of all industry members Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 750.03 -0.69 Kuala Lumpur ....623.73 -2.03 Tokyo 24.984.12 -305.45 Hongkong 3.678.19 -11.82 Sydney 1.495.3 -7.4 Wednesday Change New York 3.005.37 -22.58 L.ondon 2.521.5 +15.5
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.7745 100 Yen SS I 2734 MS SS 0.6406 Money market rates Overnight 5 4-1/4 3-month 5-1/2% unch
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    • Article
      COMMODITIES
      41 1 London Gold AM tlx USS363.40 USS1.80 Rubber S'pore July 147.75 c /kg -1.00 Nl'sia July 230.00Vkg unch KL Tin Turnover 70 tonnes i- 30 Spot MS 15.56 /kg +0.20 Crude palm oil Turnover 992 lots +18 June N1S774 /tonne -3
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  • Article
    Stock Exchange turns down Hotel Prop's rights issue
    368 1  -  By Elaine Koh HOTEL PROPERTIES Ltd (HPL) will now have to look for new ways of financing its $200 million Orchard Boulevard condominium project following the rejection of a proposed rights issue by the Stock Exchange of Singapore. A brief statement was
    368 words
  • Article, Illustration
    SES blasts UIC for withholding information
    552 1  -  Exchange promises to make public companies more accountable By Amy Balan IN ONE of its most stinging censures ever, the Stock Exchange of Singapore has reprimanded United Industrial Corp for failing to observe the standards required of a public-listed company. The public censure came
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  • Article
    RCL on the move
    50 1 REGIONAL Container Lines (RCL), one of two shipping companies listed on the Stock Exchange of Thailand, is expanding its intermodal transport network both in Singapore and in the region. In an exclusive interview with BT, managing director Sumate Tanthuwanit relates the company's plans for the future.
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  • Article
    Intel to close Singapore plant by March
    459 1  -  By Sylvia Wong US COMPUTER giant Intel Corp is closing its Singapore plant by March next year as part of a major restructuring programme. Distance from its markets has been cited by the company as the reason for the closure. Mr Keith Thomson,
    459 words
  • Article
    May bank to finance Balestier Medical Centre
    323 1  -  By Dawn Tan THE Balestier Medical Centre is finally to open for business this September, now that Malayan Banking Bhd (Maybank) and Mt Elizabeth Hospital have joined the project. The centre's opening represents the end of a year-long struggle by the Char Yong
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  • Article
    Lock icon China reserves right to review HK laws after '97
    151 1 Reuter BEIJING China delivered a new jolt to Hongkong confidence yesterday, saying it reserves the right to review and possibly to scrap all of the British colony's laws after Beijing resumes control in 1997. Chief candidate for rev iew would be
    Reuter  -  151 words
  • Article
    Foothold for NatSteel
    71 1 NATSTEEL's decision to make a general offer for all the shares of Perth-based engineering firm Centurion Industries will give the Singapore company a foothold in the Australian market. Centurion is a small, wellmanaged and profitable com- pany and its managing director, Paul Wright, told BT in an
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      169 1 I ASSENTS Nil I COMPUTER PRINTER I g RIBBON MANUFACTURER Aircraft Schedule 25 Money Market 23 World News 8 9 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 Editorial 10 Regional Stock Markets 21 For market indices, editorial. Financial News 6 SES 16.17 advertising and circulation
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    • Advertisement
      Page 1 Advertisements Column 2
      49 1 RCl.'s network. Shipping Times Pg 1 The man who makes the moves. Shipping rimes Pg 2 *>< x i i«i ft <'i« r if 1 i iY V •■SfcaSeai PrimaTower -i r=r-\ devolving Restaurant MMMW II.;-] p.PSj r 1 201 Keppel Road. Singapore 0409 JCT flHg|j=ri TEL: *****22 *****88 I
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      Page 1 Advertisements Column 3
      18 1 mFmpo Compact A3-format Copier, mincxta ir~^ Listings for China Arms, Back Pg Nat Steel's Australian gem, Pg 14
      18 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Hearing of charges postponed
        112 2 PENDING the outcome of an appeal in the High Court against an acquittal given to a former managing director, the hearing of two other charges against him has been postponed to Nov 8 this year. In the meantime, Brian John Miller, 52, j formerly of Green
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      • Article
        BG Yeo on a civic society
        90 2 HOW ARE institutions points of emotional attachment to Singapore? The Acting Minister for Information and the Arts, Brigadier-General (Res) George Yeo, will address this question when he delivers the inaugural National University of Singapore Society Lecture on "Civic Society" on June 20 at the
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      • Article
        Charity snooker marathon
        91 2 SINGAPORE'S first charity snooker marathon, jointly organised by the People's Association and the Rotary Club of Singapore East, will be held from noon to midnight on Saturday, June 22. The event will raise funds for the Singapore Council of Social Services (transport fund for the disabled), Tampines
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      • Article
        Workshop for teachers
        56 2 A FOUR-DAY workshop to update teachers on the science and applications of biotechnology will begin on Monday at the Department of Biochemistry. National University of Singapore (NUS). The Singapore Science Centre (SSC). which is organising the workshop, said the instructors for the course are lecturers from the
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      • Article
        Exposure to art
        64 2 AT THE official opening of the Australian art exhibition "Eight Contemporary Views" yesterday. Minister of State for Community Development and Education. Dr Seet Ai Mee, said exchanges in exhibitions or exchange visits between Australia and Singapore will give young Singaporeans exposure to major foreign artists. She also
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      • Article
        More ATMs for POSBank
        42 2 POSBANK is buying 100 IBM ATMs to upgrade its cash-on-line services. The new machines have double cash capacity, and the ability to direct depositors to nearby ATMs when the cash in the ATMs they are using run low.
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    • Article
      Local consultancy carves niche in China market
      321 2  -  Firm provides investment advice and services By Lilian Ang A LOCAL company is carving a niche in the Chinese market by providing consultancy services for prospective investors in China. The two-year-old ChinaDeal Consultants helps companies seek out business opportunities in China. It also
      321 words
    • Article
      And the latest fashion in town is? Guess
      313 2  -  By Hong Lee Tiam GUESS what is the latest American fashion wear to be marketed in Singapore after making a name for itself in the US? The answer. Guess. Nash Benjamin of FJ Benjamin. the sole agent for Guess products here, told
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    • Article, Illustration
      SIA, Swissair in joint freighter plan
      265 2 NATIONAL carrier Singapore Airlines (SIA) and its Swiss counterpart Swissair are planning to launch a joint freighter service between the two countries either this year or next. Dov Golan. Swissair general manager for Singapore. Malaysia. Brunei and Sri Lanka, said yesterday that the details
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    • Article
      Westinghouse sets up regional HQ here
      279 2  -  By Carolyn Lim WESTINGHOUSE Electric Corporation, one of the giants in the industrial world, has set up a regional headquarters in Singapore for its process control operations. Marketing, engineering, field services and project management of Westinghouse's process control activities will be managed by Westinghouse
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    • Article
      Simex plans to strengthen share capital
      211 2 THE Singapore International Monetary Exchange (Simex) plans to strengthen its share capital to better reflect its balance sheet to international investors. It also plans to increase its share issue price for new clearing members. In its forthcoming annual general meeting, Simex's directors will propose
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      129 2 In a word: Authenticity. Every detail of the 605 jS speaks of its exceptional, jfl advanced engineering, its exclusive exciting refinement in equipment and finish. Peugeot's new top of the range luxury saloon speaks of the man behind its wheels. His desire for his own well being and that of
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Parkway Holdings financially healthier
      509 3  -  Group active in trading properties and businesses last year By Magdalene Ng PARKWAY HOLDINGS saw many changes last year as it traded actively in properties and businesses here and overseas, putting its financial accounts into a healthier state. The diversified group listed the many changes in
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    • Article
      TRI makes general offer for M'sian Helicopter
      372 3  -  By William Chia TECHNOLOGY Resources Industries (TRI), which was reported in February to be raising its stake in Malaysian Helicopter Services (MHS) to 34.6 per cent, thereby triggering a mandatory' general offer, has announced its takeover bid. TRI, through Rashid Hussain Securities, said
      372 words
    • Article
      Lock icon Kerry's opening heralds retail expansion of Perlis Plant
      358 3 Bernama KUALA LUMPUR The opening of Kerry's, Johor Bahru's biggest departmental store-cum-supermarket, next week will mark the beginning of an expansion of Perlis Plantations' retailing operations. Perlis has operated two Chujitsu stores in Kuala Lumpur with a relatively low profile, but that
      Bernama  -  358 words
    • Article
      NOL gets top placings for liftings out of Singapore
      252 3 NEPTUNE Orient Lines has achieved top placings for liftings out of Singapore in three major shipping conferences last year. The national carrier said that it has, for the first time, come out tops in the Far Eastern Freight Conference (FEFC). NOL
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    • Article
      Time for Straits Trading to sell out
      560 3  -  THE HOCK LOCK SIEW COLUMN Golden opportunity to take profits on Petaling Tin stake By Elaine Koh A GENtRAL offer for Petaling Tin is now in the offing, with the Malaysian Takeover Panel forcing the hand of aggressive new shareholder Hijaz Industries which
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    • Article
      Tibs suffered investment loss last year
      420 3  -  By Magdalene Phang WHILE investments played a major part in boosting the cotters of its rival. Trans-Is-land Bus Services (Tibs) saw its investment companies making losses in 1990. After provisions for a diminution in share values, the group's investment companies Tibs (Hongkong) Investments Ltd
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    • COMPANY BRIEFS
      • Article
        Esso's investment plans in Malaysia
        110 3 KUALA LUMPUR Esso Malaysia Berhad will commit MS 800 million (SSSI2 million) to downstream activities over the next five years as part of its long-term commitment to invest in Malaysia, its chairman, C D Roxburgh, said yesterday. The amount works out to MS 160 million
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      • Article
        AP Land to build more hotels
        89 3 KUALA LUMPUR Asia Pacific Land Bhd plans to build more tourist-class hotels in Malaysia, its executive director for hotel operations. Low Gee Tat. said yesterday after the topping-up ceremony of the company's Crown Princess Hotel here. He said that if the plans are carried
        89 words
      • Article
        Samanda in China venture
        141 3 KUALA LUMPUR Samanda Holdings Berhad will be setting up a joint-venture project in China to produce adhesive tapes, its managing director, Ngan Ching Wen, said yesterday. The company, which manufactures rubber and elastic products, will invest Ms 4 million in the joint venture with a Shanghai
        141 words
      • Article
        Horiguchi to place out shares
        71 3 SESDAQ-LISTED Horiguchi Engineering has entered into two separate agreements with Sesdaq Funds (SSF) and C Itoh (Asia) to place out 1.55 million and one million new Horiguchi ordinary shares to SSF and C Itoh, respectively at 85 cents each. The issue price of the placement
        71 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      155 3 Which hotel will you stay in, daddy? A k ANA HOTEL SINGAPORE !i CI I I. II I VI K. ~x —.7 .H*- 1.1. W \l|V,\ I'N V FOR THE WORLD'S MOST TREASURED WATCHES VACHERON CONSTANTIN HOne establishment in Singapore houses some of the world's most fashionable and exquisite watches.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mandarin Oriental of HK expects profit fall
        87 4 HONGKONG Hongkong-based hotelier Mandarin Oriental International Ltd, a subsidiary ofJardinc Matheson Holdings, ean expeet a decline in 1991 profits, chairman Simon Keswick said. "Unfortunately markets remain difficult tor the group's hotels and the company is likely to experience a further decline in profits
        87 words
      • Article
        IFC buys stake in Indorama
        77 4 JAKARTA International Finance Corp (IFC). an affiliate of the World Bank, has bought a 5 per cent stake in Indonesia's PT Indorama Syntetic. an Indorama official said. The acquisition reduced British Brokerage International Finance Ltd's ownership to 52.41 per cent. Local private firm PT Irama
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      • Article
        Profit of Japan's OTC firms up
        71 4 TOKYO The current profit of major Japanese firms registered on the over-the-counter (OTC) market rose an average of 6.7 per cent for the year ended March 31, 1991, according to a survey by the financial daily Nihon Kcizai Shimbun. The survey covers 199 OTC
        71 words
      • Article
        BHP Steel acquires Supracote
        91 4 SYDNEY Australian steel and mining conglomerate Broken Hill Ptv Co Ltd unit BHP Steel said it had acquired the coil-painting company Supracote Inc of the United States for an undisclosed amount. Supracote supplies 85,000 tonnes a year of high quality painted steel to west coast markets
        91 words
      • Article
        World's smallest portable fax
        88 4 TOKYO Ricoh Co Ltd will start selling the world's smallest portable facsimile in Britain through British Telecommunications pic in the near future, a Ricoh spokesman said. Ricoh, a leading maker of office automation equipment, began selling its "Ricoh Fax PF-1" through its British sales unit Ricoh
        88 words
      • Article
        Comalco workers end strike
        55 4 SYDNEY Comalco Ltd said that workers had returned to work at the company's Boyne Island aluminium smelter, ending a strike which began last Friday. The Federated Ironworkers Association agreed to return to work and not take any further action after meeting management before an industrial relations
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    • Article
      Lock icon Qantas to lay off 3,600 workers from next month
      268 4 UPI SYDNEY The head of Qantas, Australia's international airline, said on Wednesday the carrier will begin laying ofT workers next month as part of its plan to eliminate 3,651 jobs in a bid to help save about AslBo million (***** million)
      UPI  -  268 words
    • Article
      M'sian firm develops disputed island
      248 4 JAKARTA A Malaysian private firm has developed an island on the border between East Kalimantan province and Sabah state into a tourist destination despite a decision by the governments of Indonesia and Malaysia that the tiny island should not be developed pending further negotiations on
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    • Article
      Indon plywood giant starts pulp mill project
      282 4  -  By Jean Wee SINGAPORE Indonesian plywood giant Barito Pacific Group has started an integrated plantation and pulp mill project in South Sumatra. Work has already begun with the planting of about 27.000 ha. This financial year, 50,000 ha more will be planted. Costing
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    • Article, Illustration
      Lock icon S Korean, Taiwanese firms to invest in M'sia
      136 4 AP KUALA LUMPUR A South Korean and a Taiwanese company will invest in a steel and textile project in Pasir Gudang, Johor, an official said yesterday. The Chief Minister of Johor state Muhyiddin Yassin said in Johor Baru, near Pasir Gudang, that
      AP  -  136 words
    • Article, Illustration
      Lock icon EC fines Toshiba unit for illicit sales controls
      276 4 Company imposed restrictions on dealers Reuter BRUSSELS The European Commission fined the European arm of Japan's Toshiba Corp more than USS2 million (553.54 million) on Wednesday for illegally bolstering prices of its photocopiers in the European Community. A Commission statement said the
      Reuter  -  276 words
    • Article, Illustration
      Lock icon Trading slump continues at James Hardie
      425 4 All the company's major markets affected Reuter SYDNEY Building products group James Hardie Industries Ltd said trading conditions in all its major markets deteriorated sharply in the year to March 31. James Hardie earlier reported a 20.7 per cent fall in net profit to
      Reuter  -  425 words
    • Article
      Thai Agri Foods plans expansion to meet demand
      654 4 BANGKOK Food processor Thai Agri Foods Co of Thailand plans to expand its canned food production capacity and its cold storage facilities to meet growing overseas market demand, the Bangkok Post reported on Wednesday. The company also planned to introduce several new
      654 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      81 4 b b m No, we haven't added Ferraris to the fleet but we have introduced a new reservations system that confirms your international car rental reservation faster H H lets y°u plan your itinerary with ease and with speed. It's called "MEGA Hertz I w I I by satellite with
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon BP to take control of major Spanish oil firm
      369 5 AFP MADRID British Petroleum (BP) is to take control of major Spanish oil company Petromed, by initially acquiring a 46 per cent stake currently held by industrialbanking conglomerate Banesto, it was announced here on Wednesday. Under the agreement, which values Petromed
      AFP  -  369 words
    • Article
      Lock icon Philips touts HDTV strategy
      352 5 System could be launched a year earlier than planned Reuter BRUSSELS Dutch electronics group Philips on Wednesday touted its strategy for introducing high-defi-nition television, saying it would be able to launch its version of the cinema-quality system in 1994 a year earlier than planned. It also
      Reuter  -  352 words
    • Article
      Lock icon Time Warner said to be thinking of big stock offering
      471 5 NYT NEW YORK The board of Time Warner Inc met on Wednesday night to consider a proposal to raise US$3 billion (Sss.l billion) in equity through an unusual stock offering that would involve as many as 30 million new shares
      NYT  -  471 words
    • Article
      Lock icon Schneider expects profit of 850m francs
      154 5 Reuter PARIS France's Schneider SA expects to earn 1991 net attributable profit of 850 million francs (***** million) before the effects of its purchase of Square D Co of the US and 800 million francs after, Schneider chairman l)i--dier Pineau-Yalencienne said at the firm's
      Reuter  -  154 words
    • Article
      Lock icon Reed International expects lower first-half profit
      367 5 Reuter LONDON Publisher Reed International pic expects first-half results to be below last year's, after sharp falls in advertising revenues cut pre-tax profit for the year to end-March by 27 per cent to £222 million (***** million). But finance director Nigel Stapleton said the
      Reuter  -  367 words
    • COMPANY BRIEFS
      • Article
        Ciba-Geigy reorganises executive committee
        95 5 BASLE Ciba-Geigy AG said it would strengthen the management role of its executive committee as part of a reorganisation begun in 1990. Chief executive Heini Lippuner will head the new eight-member executive committee and will be responsible for business strategy laid down by the board of
        95 words
      • Article
        Accor in hotel-merger talks
        65 5 PARIS Accor of France and Cie Internationale des Wagons-Lits et du Tourisme SA of Belgium are discussing merging some of their hotels into a joint company, a senior Accor official said. Accor group controller Olivier de Surville said the firms have asked US accounting firm Arthur
        65 words
      • Article
        Intel says chip demand strong
        49 5 NEW YORK Intel Corp said demand is strong for the 486SX processor it introduced in April. Already, 10 computer makers including International Business Machines Corp have introduced personal computers based on the 20-megahertz chip, said Paul Ottelini, a vice-president in Intel's microcomputer components group.
        49 words
      • Article
        Union Carbide in venture talks
        54 5 DANBURY, Connecticut Union Carbide Corp said it is in talks concerning a joint venture with Italy's state controlled EniChem SPA involving the two companies' polyethylene businesses. A spokesman for Union Carbide said the company was not prepared to release more specific details of the continuing
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      52 5 Dispute over HDTV strategy, Pg 8 Decouverte f f&f FoRreser v a t 1 s Jm 1 V M M call-;:-::-: I- JBm M\ 'S Jk a jL creative dinner menu of fifteen dishes, each served in tasting portions, for just $75.** I K I OMNI HOTELS ASIA TACI F
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        UK securities firm suing James Capel
        72 6 LONDON Grovewood Securities pic has begun legal proceedings against James Capel Co over Capel's handling of the 1989 acquisition of London Group pic by Grovewood's Priest Marians unit. Capel, a unit of the Hongkong and Shanghai Banking Corp, said it had been advised by
        72 words
      • Article
        Philippine bank's offer
        67 6 MANILA The state-controlled Philippine National Bank said it would give its stockholders first priority to buy its public offering of 21 per cent of its end-1990 capital stock later this year. The company had 60.4 million outstanding and issued shares as of end 1990. No price has
        67 words
      • Article
        Citicorp units' reorganisation
        52 6 NEW YORK Citicorp's US commercial real estate lending and Australian corporate banking arms will be reorganised and the unit heads will now report directly to the bank's chairman and its president. The shifts in the structure of the units was described in a memo issued by chairman
        52 words
      • Article
        Foreign deposits in Guangzhou
        54 6 HONGKONG Total foreign currency deposits in China's southern city of Guangzhou now total US$7OO million (551.24 billion), the highest of any city in China. The Guangzhou branch of the State Administration of Exchange Control said 1.5 million people, representing 25 percent of its population, had savings
        54 words
      • Article
        German insurer confident
        60 6 COLOGNE, Germany Germany's second largest insurer, Colonia Versicherung AG, said it was confident it could handle tougher competition after the implementation of EC directives to liberalise Europe's insurance business. "We're not worried about a possible rise in the number of foreign insurers offering policies here. We think
        60 words
      • Article
        French firm buys Turkish stake
        51 6 ISTANBUL Groupe des Assurances Nationales, a leading French insurance firm, is to buy a 30 per cent stake in Turkey's Gunes Sigorta AS, a medium-sized insurance firm. Turkish Privatisation Office KOI agreed to sell its 30 per cent share in Gunes to Gan for US$lB.9
        51 words
    • Article, Illustration
      Factoring companies keen on forming an association
      524 6  -  By Quak Hiang Whai MOST factoring companies in Singapore welcome the idea of a local factors association if it receives full support from all industry members. They say it will be in the interest of the industry and customers to have such a
      524 words
    • Article
      Astra group secures US$55m credit facility
      262 6  -  By Kooi Cho Teng SINGAPORE Automotive and agribusiness conglomerate P T Astra International Ltd. Indonesia's second largest business group, has obtained a new USSSS million (about SS97 million) revolving credit facility arranged by Long-Term Credit Bank of Japan (LTCB) and The Fuji Bank. The
      262 words
    • Article
      Lock icon New ratings could mean higher costs for Aussie firms
      205 6 Reuter I SYDNEY Australian Ratings Pty Ltd's decision to realign the ratings of some Australian companies will raise their borrowing costs, companies and analysts say. Although the ratings agency says its list of new ratings represent a change in scale and
      Reuter  -  205 words
    • Article
      Lock icon UAE banks expect better times
      310 6 AFP ABU DHABI Banks in the United Arab Emirates (UAE) expect a pick-up in trade after a sharp downturn during the Gulf crisis. Bankers had predicted 1990 to be a record year in term of profits after the end of the 1980-88 Iran-Iraq war and
      AFP  -  310 words
    • Article
      Lock icon Rising bankruptcy cases creating havoc for American creditors
      456 6 Reuter NEW YORK Mortgage lenders' nightmares are coming true as personal bankruptcies surge and sympathetic courts give home owners a break on their mortgage payments. Cramdown. the latest buzzword on lenders' lips, is fuelling frantic calls to mortgage insurers and petitions to
      Reuter  -  456 words
    • Article
      Lock icon Kiwi exchanges to go on-line, at last
      404 6 Reuter WELLINGTON New Zealand share brokers will break with more than 100 years of tradition later this month when the country's three stock exchange trading floors are replaced by computer screens. Exchange officials hope this will boost market turnover that has never recovered
      Reuter  -  404 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      161 6 BUILT ON STRONG FOUNDATIONS \MgH9SSBSSSBB^MH^ Private Portfolio Management London is the world's eentre for international SI RVICT.S lOK OUR PRIVATE investment management. Based 111 the C'LIHNTS INCLI'Dh heart of the C itv of London, with its Cilonal Equitv Investment powerful resources, Warburt; Asset Cjlobal rixed Interest Investment Management provides a
      161 words
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      Page 6 Advertisements Column 2
      87 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SCORPIO INTERNATIONAL PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE TO CREDITORS OF INTENTION TO DELCARE DIVIDEND Name of Company Scorpio International Pte Ltd (In Creditors' Voluntary Liquidation) Address of registered office Office of Liquidator c/o One
      87 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon US firms spurn pollution control market in Asia
      478 7 IHT HONGKONG Even as Washington campaigns to reduce trade barriers and promote export-led economic growth, American companies have turned their backs on a multi-billion-dollar Asian market in pollution control. The US Department of Commerce has targeted environmental pollution clean-up and control as
      IHT  -  478 words
    • Article, Illustration
      Lock icon Manila import levy could cause recession
      365 7 Reuter MANILA The Philippines is in danger of plunging into a recession unless the government cuts or removes a controversial import levy which has been slowing down the industrial sector, businessmen said yesterday. The National Statistics Coordination Board (NSCB) says this sector contracted 4.36
      Reuter  -  365 words
    • Article
      Lock icon Phnom Penh looks set to go it alone if UN plan fails
      532 7 Reuter PHNOM PENH The Cambodian government, though short of friends and cash, seems confident it can go it alone if a United Nations plan to end 12 years of civil war fails. The immediate military threat from a
      Reuter  -  532 words
    • NOTE BOOK
      • Article
        Hanoi asks US to close office: diplomats
        67 7 HONGKONG The Vietnamese government has asked the United States to close temporarily its newly opened office in Hanoi and requested its American personnel to leave the country, diplomatic sources said yesterday. The office, opened only last month, has the job of liaising with
        67 words
      • Article
        Aussie unemployment rate falls
        84 7 SYDNEY Australia's seasonally adjusted unemployment rate fell from 9.9 per cent in April to 9.4 per cent in May, but was still the second highest monthly rate in seven years, figures out yesterday showed. The Bureau of Statistics said the unemployment rate fell in May, despite
        84 words
      • Article
        Crackdown on illegal recruiters
        100 7 MANILA The Philippines and Japan have agreed to tighten screening procedures tor Filipinos seeking work in Japan to curb abuses by illegal recruiters, the Japanese Embassy said here on Wednesday. The mission is to exchange information with the Philippine labour department on illegal recruiters "who very
        100 words
      • Article
        US softens stand on boat people
        95 7 HONGKONG The US has softened its long-standing objections to the compulsory repatriation of boat people from Hongkong by saying it docs not object to Britain seeking an agreement on the subject with Vietnam. Washington made its views known to London in Washington earlier this
        95 words
      • Article
        NZ's kiwi fruit faces US duty
        93 7 WASHINGTON US trade officials said on Wednesday that kiwi fruit from New Zealand, which commercially developed the fruit 30 years ago, are a threat to US-grown kiwis and could face punitive import duties. The ruling by the US International Trade Commission that US growers
        93 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      151 7 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? j'^ THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo iust complexes, 1 hai C argo has all the facilities to safelv handled and all documents in
      151 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon OECD urges Moscow to push on with reforms
      424 8 Pledge to finalise world trade talks by this year Reuter PARIS Western ministers have urged the Soviet Union to bite the bullet of economic reform, and have given a boost to their own growth prospects by vowing to try to wrap up
      Reuter  -  424 words
    • Article
      Lock icon Hills welcomes EC decision to negotiate agricultural reforms
      291 8 Reuter PARIS US Trade Representative Carla Hills has welcomed the European Community's willingness to negotiate farm policy reforms in domestic support, market access and export competition. Mrs Hills said on Wednesday that for the first time, the EC explicitly agreed to make
      Reuter  -  291 words
    • Article
      Lock icon Strong west German growth boosts hopes
      427 8 Reuter FRANKFURT Germany's biggest bank has revised its 1991 national economic growth forecasts upwards following a stronger than expected performance in western Germany in the first three months of the year. News on Tuesday that western German gross national product, the widest measure of
      Reuter  -  427 words
    • Article, Illustration
      Kaifu makes a pitch
      39 8 TOKYO Instead of ideas, Japanese Premier Toshiki Kaifu found himself pitching a baseball yesterday during a friendly parliamentary game. The match, between ruling and opposition parties, was the first of its kind in 11 years.
      39 words
    • Article
      Lock icon Dispute over Europe's HDTV strategy
      387 8 Reuter BRUSSELS The European Community's effort to forge a united strategy for introducing cinema-quality high-definition television (HDTV) is being complicated by a rift over how much the EC should intervene to promote the industry. When EC ministers debated a compromise approach suggested by Research Commissioner
      Reuter  -  387 words
    • Article
      Lock icon EC assured of access to Japanese chip market
      254 8 AFP BRUSSELS The European Commission has won a formal assurance that European manufacturers will also have access to the Japanese semiconductor market under a Japanese-United States agreement reached this week. The agreement between Washington and Tokyo, announced on Tuesday, allows for the
      AFP  -  254 words
    • Article, Illustration
      Lock icon Clash of rhetoric and reality for Gorbachev
      685 8 UPI MOSCOW His economy ruined by 70 years of communism and his own failed half-reforms, Soviet President Mikhail Gorbachev is throwing the chore of making perestroika work on the rich West and its imagined treasure chest. But the leader given the Nobel Peace
      UPI  -  685 words
    • Article, Illustration
      Lock icon Contender emerges from India's south
      947 9 Maharashtra Chief Minister, eyeing the premiership, carries hope of Bombay FT BOMBAY India's commercial centre, politicians and the business community arc quietly nursing the hope that in the wake of Rajiv Gandhi's death, the next leader of the Congress (I) Party and thus its candidate
      FT  -  947 words
    • Article
      Lock icon India faces severe cash shortage for debt servicing
      481 9 Reuter LONDON India is rapidly running out of cash to service its US$7O billion (S$ 119 billion) foreign debt and at the same time commercial banks are withdrawing shortterm credit lines used to finance trade, analysts say. The position has been worsened
      Reuter  -  481 words
    • WORLD WATCH
      • Article
        US productivity up 0.3pc for first quarter
        74 9 WASHINGTON The US Labour Department has revised its data on the productivity of the country's workforce tor the third time in less than a month, this time sa\ing it gained just 0.3 per cent during the first three months of the >ear. It
        74 words
      • Article
        Faster Tokyo growth expected
        81 9 PARIS Japan's economy is likely to ha\e grown at a faster pace in the January-March quarter than the previous threemonth period. Economic Planning Agency (EPA) director general Michio Ochi said on Wednesday that real growth in GNP in the first quarter would probably be higher than
        81 words
      • Article
        World Bank studies India loans
        87 9 WASHINGTON The World Bank plans to consider two project loans totalling some USS2SO million (*****.5 million) tor cash-strapped India at a board meeting on June 25. Bank sources said on Tuesday that the biggest loan, for about US$2OO million, would be used to fund an
        87 words
      • Article
        France and Japan boost ties
        58 9 PARIS Japan and France, whose ties have been strained by new French Prime Minister Edith Cresson's remark* about Japanese trading practices, have agreed to strengthen bilateral relations. French Foreign Minister Roland Dumas and Japanese Foreign Minister Taro Nakayama signed an agreement on Wednesday to promote
        58 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      388 8 D Keppel Corporation Limited (Incorporated in the Republic of Singapore) Announcement NOTICE TO WARRANTHOLDERS OF KEPPEL INVESTMENT LIMITED WARRANTS ISSUED BY KEPPEL CORPORATION LIMITED ISSUED TOGETHER WITH 5575,000,000 4% GUARANTEED BONDS DUE 1991 ("KIL WARRANTS") On 4 June 1991, the Directors of Straits Steamship Land Limited ("SSL") are pleased to
      388 words
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      324 9 NOTICES f IN THE MATTER OF THE COMPANIES ACT, (CHAPTER SO) AND IN THE MATTER OF OIANT BUILDERS PTI LTD i Incorporated in the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of GIANT BUILDERS PTE LTD duly convened and held at
      324 words
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      Page 9 Advertisements Column 2
      71 9 y >tf*°-MJJ<D*fatfifprnlfc -liilsf omiww For all connoiseurs of Japanese cuisine. Treat your palate to the speciality of the house Robatayaki. A traditional Japanese charcoal grilled meat, seafood, and vegetables, served with piquant sauces. Lunch at 12 p.m. 2.30 p.m. and dinner at 6 p.m. -10.30 p.m. HIDE-Q JAPANESE CUISINE #04-01
      71 words
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  • Article
    Fine-tuning the quota system
    484 10 EDITORIAL WHIN Prime Minister Goh Chok rong said on Sunday that he would ask the Ministry of Com munieat ions to eonsider two t\pes of COEs, transferable and non-transferable, many aspiring new ear owners must have heaved a sigh of relief. The announeement bv Mr Goh.
    484 words
  • WHAT THE OTHERS SAY
    • Article
      Crossing a political gulf
      235 10 IN a combination that is likely to prove problematic. a majority of Arabs is said to desire liberal democracy along with enforcement of religious law. A survey of almost 5.0()0 Arabs carried out by the influential Egyptian newspaper, al-Ahram, found that 56 per cent of respondents
      235 words
    • Article
      Grassroots parliaments
      148 10 THE CONCEPT of grassroots parliaments as mooted by Prime Minister Goh Chok Tong can be seen as an extension of his policies in forging consensus and giving the people a greater say in running the country. It is a brilliant idea and an effective way of getting views
      148 words
    • Article
      Reality and long-term goal
      147 10 DEPUTY Prime Minister Ong Teng Cheong said Chinese intellectuals must strive to speak impeccable Mandarin. Chinese intellectuals should take heed of his call and help raise the standard of spoken Mandarin by setting a good example. Removing the psychological barrier and promoting Mandarin to Chinese Singaporeans
      147 words
  • REGIONAL VIEWPOINTS
    • Article
      Plantation labour
      150 10 WHEN MALAYSIA, hopefully, achieves the status of developed nation by 2020 there will still be a prominent, though smaller, place for agriculture in the national economy. But to realise this, strategics and programmes have to be drawn up n0w.... Smallholdings will become the mainstay of the agricultural commodity
      150 words
    • Article
      Let farmers air their views
      134 10 F HA I I ARM I RS arc desperately in need of help which they undoubtedly deserve. And despite the drawbacks, the centrally-planned agricultural system docs oiler some benefits tor destitute farmers. Lowinterest credits from the Hank of Agriculture and Agricultural Cooperatives, technology access from
      134 words
    • Article
      Enforce economic boycott
      162 10 IN LUXEMBOURG last week. Asean's foreign ministers said in a joint statement that sanctions would ruin the chances of reforms by Burmese military leaders. This smacks of protection of self-interest. The foreign ministers cannot be unaware that soon after the August 1988 suppression of the democracy movement
      162 words
  • Article, Illustration
    Lock icon The lady is not for deceiving
    630 10  -  There have been reports that Mrs Thatcher lias turned against the man she chose as her successor. David Storey reports on how Mrs Thatcher's shadow is making it difficult for Mr Major to unite the Tories David Storey Reuter Margaret Thatcher's intrusive shadow is
    Reuter  -  630 words
  • Page 10 Advertisements
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      97 10 Investors are invited to an Exhibition on New Zealand commercial property For Sale THIS EXHIBITION PRESENTS FOR SALE DFC' NZ LIMITED'S (UNDER STATUTORY MANAGEMENT) PROPERTY PORTFOLIO E COMPRISING PRIME C.8.D., COMMERCIAL, INDUSTRIAL, RETAIL, TOURISM AND LEISURE RELATED PROPERTIES LOCATED THROUGHOUT NEW ZEALAND. AVERAGE YIELD RANGE BETWEEN 10 AND 14% EXHIBITION
      97 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Japanese lead in what is innovative and enduring
      906 11  -  New indicators have been developed which show that in the realm of technology, Japan has overtaken the US, says William Broad William Broad NYT SENSITIVE indicators of a nation's technical vigour have been developed that depict a new world order in which
      NYT  -  906 words
    • Article, Illustration
      A pact to ensure the success of capitalism
      1440 11  -  Why is President Bush so anxious to include Mexico in the North American Free Trade Agreement? Is the FTA going to be just a new club for multi-national corporations in their constant search for business without responsibility? Christopher Reed, writing for BT
      1,440 words
    • Article, Illustration
      Lock icon A not-so-new order
      583 11  -  How viable is Mr Bush's post-Gulf War worldview? Tom Wicker reports Tom Wicker NYT THE "New World Order" projected by President Bush to grow out of the Gulf War is looked upon by Third World spokesmen with scepticism, suspicion and doubt that it will really bring anything
      NYT  -  583 words
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      211 12 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A PRINCESS JV, f GIEUffiAeE •••now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.30pm to 3.30 am hut at the same
      211 words
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      Page 12 Advertisements Column 2
      276 12 Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new ScotLs Lounge. Myall Rodney Singapore 10-12 Volts Road Singapore <W22 Td 733 1188 BBQ I ndcr the: StAYS I
      276 words
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      Page 12 Advertisements Column 3
      317 12 *'T KARAOKE WITH THE WHOLE OFFICE! That's risht! You can now hold your office functions at Sinssation's bissest private room the Corporate Hall. With a seatins capacity of 60 persons, there's no reason why anybody should be left out of the party! Jon us as d member dnd enp/ specs
      317 words
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      Page 12 Advertisements Column 4
      375 12 *d If you thought The Belvedere's Italian buffet was |ust [i^L pasta, you're in for a huge surpnse. For our P» extravagant buffet will tempt you with over 60 other H| specialities from Italy. Buon Appetito! Mff Italian Buffet Lunch n| 10. From June 1 to 30 Cafe Vanda presents...
      375 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      724 12 TELEVISION AND RADIO V/\n«<* HociVoc 1 business oh radio Jl U Llllw vlvSil vkS 7.00 AM CNN International (L). dlTlhe? feSgs for'each 600 News Hi%U>n BBC, 89.9 mHi in VHF Band II J-J® H"* 10 4S p 6JO With The Quran. 7.10 am, 9.25 am, 1.30pm, 5.30pm, 111 I A
      724 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Write clue to love affair
      674 13  -  Tongues look set to wag again over the rumoured romance between former American President Dwight Eisenhower and his driver Kay Summersby with the surfacing of some wartime letters. John Kifner reports John Kifner NYT A PREVIOUSLY unknown collection of wartime letters from General Dwight D
      NYT  -  674 words
    • Article, Illustration
      Lock icon Smokers who quit stand a chance of living longer
      474 13 Study highlights benefits for people who kiek the habit NYT Although smokers face greater health risks later in life than non-smokers, kicking the habit improves their chances of living longer with fewer smoking-related diseases, according to a government report. The National
      NYT  -  474 words
    • Article, Illustration
      Jimmy Osmond to marry tomorrow
      521 13 CHATTERBOX THE YOUNGEST member of the singing Osmond family, Jimmy Osmond, is to be married tomorrow to Michelle Larson at the Mormon Temple in Salt Lake City. About 100 friends and family members will be there, with another thousand people invited to a reception, according
      521 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      281 13 AND ENTEBTAIN Curry Pot-Pourri fj Spice up your life with the flavours of exotic India at Cafe-in-the-Park from 8 June to 30 June 1991. Priced at $18.50+-I-per person. Jka Lunch buffet from 12 noon to 2.30 pm. "<♦ Dinner buffet from 7to 10 pm. Experience India both culturally and culinarily!
      281 words
    • Advertisement
      Page 13 Advertisements Column 2
      122 13 NISHIKI PRESENTS A "Live" Lobsters Promotion $10.00+ per 100 gms Have it done in any two ways you like Sashimi (Raw) Nimono (Braised) Yakimono (Grilled) Agemono (Deep fried) You don't have to he a member to enjoy fine dining RH. NISHIKI RESTAURANT raj, MARINA BAY GOLF AND COUNTRY CLUB ■I'
      122 words
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  • FOCUS
    • Article, Illustration
      NatSteel's Australian gem
      1047 14  -  Two days ago, Nat Steel made a general offer to acquire the entire ,equity of Perth-based engineering firm. Centurion Industries. S N Vasuki, who met Centurion's managing director Paul Wright during a recent visit to Perth. gives a profile of the company S N Vasuki SINGAPORE'S Nat
      1,047 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      112 14 All around Europe BHXj^HH lITIBIiPT^^^^I M ajafflm««[ l|l|l^ffi9H Frequent travellers know that SAS saves time to Copenhagen. But today, more business travellers are discovering a whole world of SAS advantages beyond our Copenhagen hub. From Amsterdam to Athens, SAS and our airline partners can fly you to and between every
      112 words
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  • SPORTS
    • Article, Illustration
      Lock icon Courier to face Stich in semis
      695 15 French Open AP PARIS Jim Courier blasted top-ranked Stefan Edberg out of the French Open with powerful groundstrokes and unreturnable serves, but he needed a bit of tuck to finish off his quarter-final victory on Wednesday. Courier reached his first Grand Slam semi-final, where
      AP  -  695 words
    • Article
      Lock icon Germany, Italy go down in stunning defeats
      383 15 AP LONDON World Cup holder Germany on Wednesday lost its captain, a defender, its unbeaten record and probably its chance to qualify for next year's European soccer championships. It also lost for the first time ever to Wales, 1-0. On a night of
      AP  -  383 words
    • Article
      Lock icon Nicklaus embarks on title defence
      344 15 AP DEARBORN, Michigan Jack Nicklaus is letting his disdain for growing old in golf show through again. Nicklaus is defending his Senior Players Championship this week at the brand-new TPC of Michigan course, which he designed. But it's not an event he enjoys. If he
      AP  -  344 words
    • Article
      Lock icon Irwin's in good position
      176 15 AP HARRISON, New York Except for a little bit of rust. Hale Irwin opens a two-week stretch as defending champion better off than his position a year ago. "The pace of m> game is a bit ahead of last year," said Irwin, who last season scored
      AP  -  176 words
    • Article
      Lock icon Courier exchanges a kingdom for a racket
      230 15 Reuter PARIS Jim Courier reckons he could have earned US$3 million (SSS.I million) a year as a baseball pitcher. But he gave up that prospect for a career in tennis and on Wednesday found a reward greater than money victory over the world
      Reuter  -  230 words
    • SIDE LINES
      • Article
        Morrison to take on Mercer in August
        91 15 KANSAS CITY Tommy Morrison is scheduled to fight World Boxing Organisation heavyweight champion Ray Mercer at the Atlantic City Convention Centre on Aug 9. A victory by Morrison, who is 27-0 with 23 knockouts, would set up a title fight with Evander Holyfield
        91 words
      • Article
        Sao Paulo moves closer
        98 15 RIO DE JANEIRO Sao Paulo took a big step towards winning the Brazilian soccer championship when it beat Bragantino 1-0 in the first leg of the final on Wednesday. Sao Paulo, runner-up in the competition the last two years, needs only a draw in the second
        98 words
      • Article
        Johnson gears up
        76 15 SCHIO. Italy Canadian sprinter Ben Johnson, saying his final goal is to win the 100 metres at the 1992 Olympics in Barcelona, began a two-week training programme here on Wednesday to prepare for upcoming European outdoor meets. Johnson, who has been less than impressive since returning from
        76 words
      • Article
        Kankkunen wins rally
        129 15 ATHENS Finland's Juha Kankkunen won the Acropolis Rally in his Lancia Delta HF Integrale 16V on Wednesday, edging out last year's winner by just over one minute. It was the second Acropolis Rally win for Kankkunen. his last coming in 1986. The Finn completed the 48 special
        129 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      435 15 "I was a hefty 82kg when I signed up at Expressions j Slimfit Studio after a relative recommended it to me, I An* thought it was going to be a long and torturous battle. But f^H I have never been so wrong! l|j "After the three days' initial body cleansing
      435 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices fall on weaker overseas markets
      5037 16  -  By Dexter Lee ACTIVITY on the Singapore stoek market pieked up yesterday with share prices closing generally lower in sympathy with Wall Street and Tokyo. New York's Dow Jones Industrial Average had dropped 22.58 points to 3.005.37 on Wednesday and. unable to gain encouragement
      5,037 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4151 17 Main Board SPH Foreign 1360 t 60 4.6% SI A Foreign IW) r4(l +2 .1% UOl 258 +23 9.8% DBS Foreign 1430 20 1.4% SI A 1370 +20 +15% SI A 200 1360 +20 +1.5% SPH 905 +15 +1.7% DBS 1240 +10 0 8% OCBC
    4,151 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      329 18 Cw»«iy Data Ynr Group Net Net earnings Gross ann to profit/less (L) per share dividend ('000) (cents) Hong Foh Jun 5 Dec 90 $24.020($3.306) 176(7 ba) 2(16a) Hwa Hong Jun 5 Dec 90 $9 526(18 652) 6 5(5 9a) 4(3 2a) Ac ma hin 4 Dec 90 $9,256(8,1851)
      329 words
    • Article
      DIVIDENDS ANNOUNCED
      1203 18 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 5%TE Jun 5 tun 17 Jul 1 10%TE Amal Steel 50c 10% (S) May 16 May 31 Jun 7 10% 126% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NY A
      1,203 words
    • Article
      PRELIMINARY RESULTS
      218 18 Cowpany Date Year Group pre-tax Nat earnings Grass aan to profit/loss (L) par share dividend (*000) (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($1.436L) 1.8(—) M Plantations May 27 Dec
      218 words
    • Article
      INTERIM RESULTS
      171 18 Company Oat* Half-year Group pre-tax Interim am to profit/loss (L) dividend C000) Pacific Can Jun 3 Mar 91 $30($68l) Van der Horst Jun 3 Mar 91 $1,517(11.836) KL Kepong May 31 Mar 91 M$45.437($54.588) NYA(5) Wearnes May 29 Mar 91 $21,878(128.406) 7(7) C4C May 17 Mar 91 $49.453($46,270)
      171 words
    • Article
      CORPORATE DEVELOPMENTS
      365 18 June 5 Bonvests HoMmfs and Australian partner Miltox are to build a waste treatment and disposal plant in Singapore and. eventually, similar plants in Asean. Hai Sun Hup is acquiring the very large crude carrier Orion Trader from Phoenix International Shipping SA for $20m cash. Nat Steel has
      365 words
    • Article
      RESULTS DUE
      923 18 Main Board Last Full Year Company Period Date Year Net EPS Gross Net amowced ending (cents) dn profit last year ($000) Cerebos Intenm Apr 27 Jul 91 12 6 200TE(a) 38.911 Spore Land Interim May 1 Dec 91 126 10 0 44.641(g) Avmo Interim jun 8 Sep 91
      923 words
    • Article
      APPROVED ISSUES
      400 18 Company Rights Issue Wcom One-fortwo MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSQ 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date Jun 7 Books close Jun
      400 words
    • Article
      BONDS, LOANS & WARRANTS
      928 18 BONDS, LOANS WARRANTS Company Conversion ported Conversion term far one ordinary share CiC Wt Before 26 4 93 1 warrant plus 53 09 cash Causeway Loan Causeway Wt 2 10, 89 to 20 10 94 1 warrant phis $0 77 cash or 1 warrant pius JO 77 nominal amount of
      928 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      987 18 Prices as at 06.06.91 Conversion terms Premium/ Exoinr I (discount) 1 1 Amount Optional** I using issued i 1 1 Company (mil Wrts 1 Share Loan Conv Exer Lnstk Cash Cash, Loan Gearing Date Mths units) stock ratio price nom I 1 Stk 4 1 Left
      987 words
    • Article
      PROPOSED ISSUES
      549 18 Company Rights Issue BoHon One-for-four <o M$2 00 pet share Issue of $90 978m nominal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991 96 with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three erntrng shares held Every $2 nominal amount
      549 words
    • Article
      COMPANY MEETINGS
      258 18 ANA Hotels Smgapore Ltd: 13th AGM at the Connaught Room. ANA Hotel Singapore. Nassim Hill. Singapore 1025 on Friday. Jun 7, at 11am. Tiger Balm Ltd: 3rd AGM at the Board Room of United Overseas Bank Ltd. 30th Floor. UOB Building, No 1 Bonham Road. Singapore 0104 on
      258 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      291 18 NOTICE THE COMPANIES ACT. (CAP. SO) ANO IN THE MATTER OF RONG XIN RESTAURANT MANAGEMENT PTE LTD (Members Voluntary Liquidation) At an Extraordinary General Meeting of the members ot HONG XIN RESTAURANT MANAGEMENT PTE LTD duly convened and held at 585 North Bridge Rd #14-03 Blanco Court SO7lB at 1100
      291 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks ease in fairly active trading
      4337 19 Bernama SHARE PRICES on the Kuala Lumpur stock market closed lower in fairly active trading yesterday in the absence of fresh factors and on weaker overseas leads. The KLSE Composite Index fell 2.03 points to 623.73 while the Industrial Index was 14.06 points lower
      Bernama  -  4,337 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      195 19 5. Win an $89,000 Holden Executive Sedan! 11l ifilg a s?s= j <gi «R* "T ,-r-8" "v* 1 I _T j «4r|g :?||ss W I 555= l\l? 4 !SSS 155 J ffw ■w "-Try- K3| ff** I T, To celebrate the first year of a new-look HER WORLD, we're giving
      195 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei falls sharply to close below 25,000 level
      2249 20 Reuter TOKYO stocks ended sharply lower yesterday, with the key Nikkei Average closing below 25,1 XX) for the first time since February 12. Brokers said a lack of incentives and worries over arbitrage selling ahead of futures expiry on June 13 kept
      Reuter  -  2,249 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end slightly lower in lacklustre trade
      2054 20 Reuter HONGKONG'S blue-chip stocks gauge, stuck in a slim 2()-point band throughout the day. ended mildly lower in relatively thin, disinterested trade yesterday. "The market was as dull as watching concrete dry," a broker at a local securities house said. The Hang Seng
      Reuter  -  2,054 words
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  • REGIONAL STOCK MARKETS
    • Uncertainties push share prices down
      • Article
        INDICES & TURNOVER
        87 21 INDICES TURNOVER Clow June 6 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.495.3 2.335.8 855.8 110.8 1.502.7 2.3508 856 8 131.2 -7.4 -15.0 -10 -20.4 BANGKOK SET Index Turnover (million baht) 824 17 3,350 818.06 3.420 +6.11 -70 JAKARTA Composite Index 395.63 394.00 -t-1.63
        87 words
      • Article
        AUSTRALIA
        903 21 A WEEK of political and economic uncertainty combined with poor profit results gave the share market a hangover yesterday, pushing Australian stocks slightly lower in dull trade. "Nothing has happened to make it move one way or the other," Day Cutten Pring Dean director lan McKenzie said. Brokers said
        903 words
      • Article
        BANGKOK
        803 21 BANGKOK stocks yesterday ended mixed as investors responded to some good news and some bad news. The SET Index rose 6.11 points to 824.17 on a turnover of 3.35 billion baht. Shinawatra Computer, which on Tuesday was granted a concession to launch Thailand's first commercial satellite, hit its 10-per
        803 words
      • Article
        JAKARTA
        652 21 JAKARTA stocks closed mostly higher yesterday, bringing the index up slightly to 395.63 from the previous 394.00. Total turnover was 2.88 million shares against 3.19 million on Wednesday. Indorama Synthetic rose 300 rupiah to 10,800 on news that World Bank affiliate International Finance Corp (IFC) bought a 5 per
        652 words
      • Article
        MANILA
        526 21 MANILA share prices yesterday closed marginally higher but the market showed signs of softness in the absence of fresh incentives, brokers said. The Manila Composite Index firmed 4.34 points to close at 1,142.82. "Unless there are fresh infusions of funds, the market won't see any new run-ups," said Conrad
        526 words
      • Article
        NEW ZEALAND
        105 21 IN WELLINGTON, shares drifted low- er on a general lack of buying as institutions remained on the sidelines yesterday. The Barclays Index ended 6.54 points lower at 1,492.51. Overseas buying was not prevalent and small orders were enough to push prices around. Brokers did not expect yesterday's NZ$35O
        105 words
      • Article
        Untitled
        850 21 Seoul •*■■*5 Won COO) Anam Electric Intl 172 un .-h A nam Ind 197 Ankuk Insu 260 -f 4 Asia Cement 200 5 Asia Motors ?K6 Bank Of Che Ju 142 44 Bank Of Pusan 132 4 Bank ()f Seoul 105 3 Byuck San 155 4 j C'heil Sugar 235
        850 words
      • Article
        TAIPEI
        490 21 TAIWAN stocks closed marginally higher in light trade yesterday, extending gains prompted by strong May export figures released on Wednesday. But dealers said sentiment remained very cautious and big rises were unlikely. "The market is still weighed down by concern about liquidity and other factors," said Vincent Huang at
        490 words
      • Article
        BOMBAY
        82 21 BOMBAY shares retreated on Wednesday on end-account nervousness to close mixed after a strong start. Brokers said market players were in a hurry to lighten positions ahead of the close of accounts yesterday because of the second round of Indian elections next week. "The market is confused about the
        82 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        361 21 In local currency In S$ la US$ day year day year day year JuneS Index change change change change change change World 416.3 0.0 16.3 -0.3 12.9 -0.4 10.8 fEAFE 542.6 -0.2 15.4 -0.4 9.1 -0.5 7.1 Europe 440 4 0.6 20.8 0.3 6.9 0.3
        361 words
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  • WORLD STOCK MARKETS
    • US stocks fall sharply in heavy trading
      • Article, Illustration
        NEW YORK
        1133 22 EXTENDING their Tuesday decline, New York stock prices dropped sharply on Wednesday and in heavy trading with analysts forecasting that further declines may lie ahead soon. "In my judgment," said Hugh Johnson, chief economist for First Albany Corp, "we're in the process of an orderly, and I think,
        1,133 words
      • Article, Illustration
        LONDON
        767 22 LONDON stocks were firmer by midday yesterday, having edged cautiously higher from a weaker opening. But volumes were low and overall sentiment remained subdued following a sharp fall on Wall Street, where a record-breaking bull run came to an end on Wednesday on profit-taking and programme-selling. "It's pretty dead
        767 words
      • Article
        ZURICH
        333 22 SWISS shares closed quietly firmer on Wednesday after buying picked up slightly following Tuesday's consolidation. Dealers said Frankfurt's firm showing helped sentiment. The all-share SPI index added 4.2 points to 1,124.0, while the SMI index of leading shares rose seven to 1,730.2. Demand centred on industrial shares. Banks closed
        333 words
      • Article
        MILAN
        211 22 IN MILAN, shares closed lower on Wednesday as the market continued to consolidate gains of recent sessions in moderate volumes of around 250 billion lire. Carmaker Fiat, tyre and cables group Pirelli and computer maker Olivetti all gained some ground. Telecommunications shares were weaker. The MIB all-share index closed
        211 words
      • Article
        STOCKHOLM
        163 22 PRICES on the Stockholm bourse recovered from early declines and closed steady to higher in active trade on Wednesday. Dealers said the upturn was despite higher Swedish interest rates, and that it was to be accredited to a generally firm market sentiment. The bourse general index closed 0.02 per
        163 words
      • Article
        JOHANNESBURG
        422 22 IN JOHANNESBURG, the stock market closed mixed on Wednesday in quiet trading as the market searched for fresh stimulus, dealers said. They described price movements as mostly small, with a weaker financial rand providing most of the support. The JSE all-gold index lost a little ground, closing at a
        422 words
      • Article
        TORONTO
        338 22 TORONTO stocks shook off a sharp drop in Canadian and US bond prices on Wednesday, climbing slightly in moderate trade partly on strength in forest product companies, dealers said. "The bond market has had some problems," said James Muir, research director with Richardson Greenshields. The Composite Index closed up
        338 words
      • Article
        FRANKFURT
        237 22 GERMAN shares jumped 1.6 per cent to the highest close in nearly 10 months on Wednesday, boosted by an optimistic report about construction growth in east Germany and a generous allocation of Bundesbank repurchase funds. The 30-share DAX index climbed 27.38 points to end at 1,712.76, its highest closing
        237 words
      • Article
        PARIS
        202 22 FRENCH domestic investors, inspired by hopes of lower interest rates and economic recovery, pushed the Paris bourse higher in moderate trade on Wednesday, dealers said. The CAC-40 index rose 11.63 points, or 0.63 per cent, to close at 1,862.92 on trade of about 2.4 billion francs' worth of shares.
        202 words
      • Article
        AMSTERDAM
        304 22 DUTCH shares closed generally higher in quiet trading on Wednesday but dipped below the day's highs influenced by a slightly weaker start on Wall Street, dealers said. "We could not hold on to the highest levels because the US opened a bit lower," said a dealer at Citicorp. The
        304 words
      • Article
        Untitled
        122 22 Brussels J«ne 5 Francs FORWARD MARKET Acec 2610 55 Arbed 4345 55 Astur 1020 4 Brascan 610 10 Canpac 644 2 Cock 180 I De Beers 826 6 Ebes 8400 Gb-Inno-Bm 1412 8 Gevaert 7050 40 Gr Bru Lamb 3730 25 Hobok Petro ***** 75 Ryl Dutch 2955 10 Sidro
        122 words
      • Article
        INDICES & TURNOVER
        82 22 INDICES TURNOVER June 5 Close Previous NEW YORK Dow Jones 3.005.37 3,027.95 -22.58 NYSE Financial 157.06 157.37 -0.31 SAP 500 385.09 387.74 -2.65 Turnover (million) 186.6 180.5 +6.1 LONDON Financial Times 30 1,974.8 1,962.8 12.0 FTSE 100 2,521.5 2.5060 15 5 Turnover (million) 405.3 371.8 33.5 AMSTERDAM CBS Tendency Index
        82 words
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      34 22 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
      American dollar edges up slightly in lacklustre trading
      1223 23 REPORTS THE GREENBACK edged up slightly yesterday from New York levels after a day of dull and uneventful trading with early European dealers also staying on the sidelines. "Nothing happened, nothing from Europe, there is just no idea until the figures come
      1,223 words
    • Article
      INTERBANK FOREX RATES
      391 23 Cross rates June 6 USS SS MS Dm Yen SFr AS NZS USS 1.7735 2.7690 1.7495 139.30 0.5908 ***** 1.3175 1.7167 SS 0.5639 1.5613 0.9865 0.7855 0.3332 0.8435 0.7429 0.9680 MS 0.3611 64.05 0.6318 0.5031 0.2134 0.5403 0.4758 0.6200 Dm 0.5716 1.0137 1.5827 7962 0.3377 0.8551 0.7531
      391 words
    • Article
      MONEY MARKET
      514 23 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 3/16 5 5/16 2-month 5 3/8 5 1/2 3-month 5 1/2 5 5/8 Overnight mode: 4-7/8 L'S& Rid Offer 7 days 6 6 1/8 1 month 6 6 1/8 2 months 6 1/16 6 3/16 3 months
      514 words
    • Article, Illustration
      Lock icon EC banks ordered to explain interest rate accords
      242 23 Reuter BRUSSELS European Competition Commissioner Sir Leon Brittan on Wednesday ordered EC banks to say within four weeks whether they have any agreements among themselves on setting interest rates. In a toughly worded statement, Sir Leon said he had instructed the Commission's
      Reuter  -  242 words
    • Article
      Lock icon Belgrade confident of reining in inflation
      191 23 FT BELGRADE Yugoslavia's inflation rate rose last month by 5 percentage points to 10.9 per cent. The federal government nevertheless remains confident that its target for bringing the annual rate below 70 per cent can be met. Last month's inflation rate showed a noticeable
      FT  -  191 words
    • Article
      FINANCIAL FUTURES
      1172 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93 80 93.82 93.79 93~81 ***** 6082 Sep 91 93.52 93.54 93.51 93.53 4800 ***** ***** Dec 91 92.99 93 04 92.98 93.03 3500 ***** 5505 Mar 92 92.81 92.86 92.81 92.86 1103 7758 1907 Jun
      1,172 words
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  • COMMODITIES
    • Article
      Lock icon Rubber producers outline survival plan for industry
      412 24 Reuter MADANG, Papua New Guinea The Association of Natural Rubber Producing Countries (ANRPC) has mapped out a plan aimed at ensuring survival of the industry through technological development and new marketing strategies. The ANRPC, meeting for the first time in 15 years at
      Reuter  -  412 words
    • Article
      Lock icon Zimbabwe could become 2nd largest platinum producer
      244 24 AFP HARARE Zimbabwe could become the world's second largest platinum producer if a British firm and two Australian companies go ahead with an output of 200,000 ounces a year. "So far the project looks technically and commercially viable," says Allen Barber, manager of
      AFP  -  244 words
    • Article
      Kuala Lumpur tin soars to three-week high
      835 24 REPORTS THE PRICE of tin rose 20 sen to M$ 15.56 on the KLTM yesterday, its highest level in three weeks, on strong buying support. Dealers said merchant buying and short-covering on the London Metal Exchange overnight saw the metal ending US$7O per
      835 words
  • Article
    PRICES
    1368 24 Rubber June 6 MS (fah hi Mw) S cents/kg Noon (lose Int I RSS Prompt 146.25/147 25N I46.25/147.25N Inl 1 RSS July 91 147.75/148 25 147.75/148.25 Inl 1 RSS August 149.50/150.00 149 50/150 00 Int 2 RSS OP 145.00/147.00N 145 00/I47.00N Int 3 RSS OP 143.00/145.00N I43.00/145.00N Int 4
    1,368 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      784 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OP THE COMPANIES ACT, CAP. Puniuul to Section a**) (b) AND IN THE MATTER OP LE-BRILLANT PTE LTD (MEMBERS' VOLUNTARY WINDING I P) At an Extraordinary General Meeting of the above named Company duly convened and held at 135 Middle Road
      784 words
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      Page 24 Advertisements Column 2
      795 24 DC MATTER OF TNI COMPANIES ACT, CAP. 90 AMI M THE MATTER OF OREAT EASTERN DRUMS (SEA) PTE LTD NOTICE OF SPECIAL RESOLUTIONS FON MEMBERS' VOLUNTARY WMOMO-UP (PURSUANT TO SECTBN 290) Al an Extraordinary General Meeting of ihe members ol Great Eastern Drilling (SEA) Pie Lid duly convened and held
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1090 25 City Flight ETA Flight ETD j City Flight ETA Flight ETC Abu Dhabi GA976 0010 UT56I 2210 GA890 0150 SQI6I 2245 GA970 2245 GA976 2310_ Adelaide Qf 7 1815 Karachi SQ418 1815 llHniw SQ24 0100 Kota Kmabalu JVIH63I 1520 MH630 0950 SQ23 1815 GA890 0150 Kuala
    1,090 words
  • THE TRAVEL PAGE
    • Article, Illustration
      When in Cork, try ringing bells
      367 25  -  LETTER FROM IRELAND By Paul Majendie THE DIN is deafening hut it does not secni to trouble the good people of Cork. It comes from ham-listed tourists trying to play Three Hlind Mice or Oh Canada or even Waltzing Matilda on the ehurch hells.
      367 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: [vocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3300 1.3500 Canadian dollar 1.540 1.560 NZ dollar 1.025 1.055 Sterling pound 2.990 3.0200 US dollar 1.7700 1.7800 Ixjcal dollars to 100 units of foreign currency Austrian schilling 14.20 15.20
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June 5-7 Specialized for Graz, Grazer Messe ********** June 5-11 International Beijing China *****2750 High-Tech Austria International Medical International Innovation Instrument Exhibition June 2nd International Centra Institute (541)*****40 Equipment Centre 5-11 Exhibition On Municipal de Argentino del
      68 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      42 25 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know Kuropc from start to Kinnush
      42 words
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      Page 25 Advertisements Column 2
      59 25 ON THE C 7) The marriage oj Prince Charles and Princess Diana went through a rowh o O patch. But a group oj marriage counsellors helped to save their marriage. On Saturday, The New Paper begins a new series to help you add zing to your love life. The latest
      59 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      268 25 1 Eat for greed if mad, but argue 9 10 The tall tale of an Italian engineer (7) j 11 Go in for further educa- mm HM ■BT" THB respecting coaches (7) 12 Snare entrapping a large 12 animal (4) 13 Athenian garret 14 Some chaps elect to be iT
      268 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      212 25 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 32.2 Assoc humidity 73% Minimum temperature 25.5° C Assoc humidity 97% Hours of sunshine 7.05 Rainfall in mm Nil Rainfall this month 87.9 Rainy days this month 4 World forecast Asia-Pacific Hi/I>o* Cond. Auckland 16/12 Rain Bangkok
      212 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      56 25 sun stroking hol: it... (rnR sRistqogwooj Nice to op w IIS 1 "'US OVi A t riflc loud Wou«? ReKT.-. i. THIS semi- CONSCIOUS ,Fi f oR STfOt.... PFW Off UOODFtCKtR UiOODFtCWctf tHOmC.' I KTT QTr-gnrO Tvlom/v -T 2£J*L I TJP?v/ j ®§l|p s^sp^ 04AI ''I t EVENING STANOARO CO.
      56 words
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  • Article, Illustration
    More European investment poised to head this way
    456 26  -  New players show increasing interest From Sharon Lau in PARIS SINGAPORE'S petrochemical, chemical, and aerospace sectors are likely to get new investments from Europe. After the Economic Development Board identified areas such as pharmaceuticals, engineering, information technology services and environmental engineering for
    456 words
  • Article
    Lock icon HK exchange considering listings for China-based firms
    272 26 Reuter HONGKONG Hongkong's stock exchange, with an eye to Beijing's resumption of sovereignty in 1997, is taking a look at allowing China-based companies to take up listings. Efforts to blend China concerns or China-based joint ventures into the local bourse makes sense ahead
    Reuter  -  272 words
  • Article
    Solid outlook for cement industry
    448 26  -  By David Chew THE OUTLOOK for the cement industry in Asean over the next few years will be bright due to the big increase in construction demand in the region. Construction Focus (CF), the monthly bulletin of the Singapore-based Construction Industry Development Board, added that
    448 words
  • Article
    Lock icon US gives assurance on security presence in E Asia
    189 26 Agencies MANILA The US said yesterday it would maintain a security presence in East Asia for "as long as necessary*' as the Soviet Union complained it was being shut out of emerging Asia-Pacific economic groupings, and called for talks on a
    Agencies  -  189 words
  • Article
    Lock icon Kerin acts to calm jittery financial markets
    373 26 Reuter SYDNEY Australian Treasurer John Kerin issued a statement yesterday to reassure Australian financial markets after the local dollar and bond markets plunged on offshore selling. "There is no basis for the uncertainty in bond and currency markets this afternoon," said Mr Kerin,
    Reuter  -  373 words
  • Article, Illustration
    Embassy cautions Singapore companies
    539 26  -  The Nigerian Money-Laundering Seam By Shoeb Kagda THE Nigerian embassy in Jakarta has warned Singapore companies to be wary of letters from Nigeria promising substantial payouts for transferring money into foreign bank accounts. "We are not aware of such operations but it is all a lie,"
    539 words
  • Article, Illustration
    Lock icon Penny Chang charged with misappropriation
    136 26 Bernama KUALA LUMPUR Former Supreme Finance (M) Bhd's executive director. Penny Chang Siang Pin, pleaded not guilty in the Kuala Lumpur Sessions Court yesterday to misappropriating 249,000 units of shares worth M 5500,000 (*****,000) six years ago. Chang, 42, wife of former MCA president Tan
    Bernama  -  136 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      6 26 Nikon The World's Finest Photographic Systems
      6 words
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      Page 26 Advertisements Column 2
      141 26 Nikon The World's Finest Photographic Systems 7^ l>> .J3Xt 1* ly 1* irst Class or Business C lass with Qantas to Australia You may enjoy your accommodation privileges anytime and we'll gladly put you up for 2 nights at Australia's before 31 March 1992. whenever you fly Qantas to Australia,
      141 words
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  • SHIPPING TIMES
    • Article
      RCL to expand intermodal network in Singapore
      574 27  -  The carrier will spend $50m on a Thai container depot From Rahita Elias in BANGKOK BANGKOK-BASED Regional Container Lines is expanding its intermodal transport network both in Singapore and its homeland. Sources in Singapore saythat the listed company will join forces with four
      574 words
    • Article
      Michelin Sime making steady inroads in the region
      399 27 KUALA LUMPUR Less than three years ago, DMIB announced that it was entering a joint venture with Michelin Aircraft Tire Corp of the US to make and retread aircraft tyres in Malaysia. That Hedging venture, Michelin Sime Aircraft, is now fast building
      399 words
    • Article, Illustration
      Lock icon United Airlines sets curbs for frequent fliers
      384 27 NYT WASHINGTON United Airlines Inc and First Chicago Corp, operators of one of America's largest frequent-fli-er programmes, said that they planned to curb the largest awards. A few customers, they said, have been earning free flights without paying interest charges on First Chicago
      NYT  -  384 words
    • Article
      Lock icon Three US airlines picked to fly to Soviet Union
      341 27 NYT NEW YORK The US Transportation Department on Wednesday selected two established airlines and a new one to serve the Soviet Union from New York and Chicago. The awards would mean a large increase in service between North America and the
      NYT  -  341 words
    • Article, Illustration
      PIL adds new container ship on FE-Red Sea service
      414 27  -  By Selva Kumar RESPONDING to customer demand for full container services. Pacific International Lines (PIL) has added a new container ship to its fleet. The 1,334 TEU (20-foot equivalent units) Kota Wijaya will sail today on its maiden voyage from Singapore
      414 words
    • NEWS SUMMARY
      • Article
        RCL: The man who makes the moves
        42 27 REGIONAL Container Lines (RCL) stands head and shoulders above other Thai shipping lines. The company, set up in 1980 as a regional feeder operator, is rapidly blossoming into a full-blown intermodal transportation company Page 2
        42 words
      • Article
        Asean delegates to discuss EDI link-up
        30 27 THIRTY-SIX delegates from the six Asean countries are in Singapore to attend the 12th Asean Port Authorities Association (APAA) Working Committee meeting Back Page
        30 words
      • Article
        Tanker brokers shrug off Opec news
        53 27 TANKER brokers took little notice of the Vienna Opec meeting but greeted the return of some charterers who had been inactive during the talks which ended on Tuesday. "The market is very firm for big ships." Eric Shawyer, managing director at shipbroker EA Gibson
        53 words
      • Article
        S&P lowers Chrysler ratings
        37 27 CHRYSLER has been squeezed out of the public debt markets since S&P lowered its ratings on commercial paper to below investment grade last year and then lowered ratings on its bonds Back Page
        37 words
      • Article
        The London Tube is a mess
        37 27 EVERYONE agrees that London's underground train system is a mess the passengers, the workers, the managers of the system and now, in a report released on Wednesday, the government Back Page
        37 words
    • LOG BOOK
      • Article
        Supertanker sinks after explosion: Lloyds
        76 28 LONDON The Liberian-registered supertanker ABI Summer is believed to have sunk following the explosion and fire that killed one crewman and left 14 missing, L loyds Shipping Intelligence said. Rescue vessels searching for the 267,801-dwt tanker for "many days" had found nothing and assumed it
        76 words
      • Article
        Strike at Rio Grande port
        62 28 RIO DE JANEIRO Rio Grande, Brazil's southernmost port and an important gateway for soybean exports, is paralysed by a strike that began on June I, a union leader said. Besides soybeans, cargoes of wheat are also sitting in the port, strike commander Tito Cadaval said.
        62 words
      • Article
        US warns Cuba of boatlift
        33 28 WASHINGTON The United States has warned Cuba against attempting another Mariel-style boatlift and has contingency plans to deal with any such eventuality, a US State Department official said.
        33 words
      • Article
        USSR may resume shipments
        62 28 HAVANA The Soviet Union is likely to resume shipments of food and other basic goods to Cuba soon, ending a five-month interruption of most deliveries, a Soviet official said. Alexei Rubinchik, head of the Soviet embassy's economic section in Havana, said he expected Cuban and Soviet
        62 words
      • Article
        French car market to dip
        121 28 PARIS The French car makers' committee (CCFA) is sticking to its forecast that the domestic car market will dip by 5-7 per cent in 1991, despite news of a 20.7 per cent fall in new car registrations in May, its chairman said. Speaking to reporters
        121 words
      • Article
        RVI, Volvo to take bus stake
        64 28 PARIS France's Renault Vehicules Industriels (RVI) and Sweden's Volvo Bus Corporation are to take a stake of 37.5 per cent each in Heuliez Bus, a French family-con-trolled bus maker, RVI said in a statement. French stateowned Regie Nationale des Usines Renault and Sweden's Volvo
        64 words
    • Article
      DAILY FREIGHTS
      742 28 QUIET conditions in the freight market on Wednesday coincided with a sharp decline in ihe Baltic Freight Index, which fell 17 points to 1,735, brokers said. A grain load on the US Gulf/European route was fixed at U5515.25 with its BFI sub-index falling to U5517.15 from U5517.84. But
      742 words
    • Article, Illustration
      The man who makes the moves
      991 28  -  Sumate Tanthuwanit, managing director of listed Regional Container Lines, recently took time oft" to speak to Rahita Elias in Bangkok about the company's formula for success Rahita Elias Regional Container l ines (RCL) stands head and shoulders above other Thai shipping lines. The company,
      991 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      594 28 Carbon Cartoon j une Density Water Residue Ash Alumnum Sediment Density Water Residue Ash Akjnwwjm Segment M M 1 M/M Exxon Exxon RG/M'31 V/V M/M %M,M PPM method KG/M*3% V/V M M M/M PPM method ISO/C««c hrmts Spec E25 9911 0 15 0 0 10 3£
      594 words
    • Article
      THE SHIPPING GUIDE
      12155 36 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 Fort of Singapore. Advaneed dates are published for a maximum
      12,155 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        664 43 Vessel Voy No Berth AmvM Departure Vessel Voy No Berth Arrival Departure Keppd Wharves Chanonvisitp 02/91 M4C 0/ 06/1230 0806 0900 Amistad 45A K34 dhtyxde 06 06/1730 Citra Jaya *****1 M2B 0/06 1000 08 06/0500 Frotasantos 5WB K 29 alongside 0/06/0600 Hamidah 13,91 M4B 0606/1200 0/06/1200 Isla
        664 words
      • Article
        CONTAINER SCHEDULE
        894 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From Aci Daisy 14 08/0100 1 06/1500 06/1659 06/1900 2 06/1700 07/0659 07/0900 A1 Waiba 59 09/0800 1 06/1500 06/1659 06/1900 2 06/1700 07/0659 07/0900 3 07/0700 07/1159 07/1400 Alkatd
        894 words
      • Article
        IN MALAYSIAN PORTS
        170 43 Johore Port Berth 1: Bunga Mas Berth 2: Hong King Berth 3: Lishui, Dang Mahltgai Berth 4: Apollon Berth 5: Mahalim Berth 6: Ye Lan. 01 letty: Pacific Glory. Hai Heng 88 OCJ. ml Due on June 6: Global Mars. Semarak. Million 111, Kris Lemona, Bunga Kemuning.
        170 words
    • Article, Illustration
      Asean delegates to discuss EDI port link-up
      320 44  -  By Selva Kumar THIRTY-SIX delegates from the six Asean countries are in Singapore to attend the 12th Asean Port Authorities Association (APAA) Working Committee meeting. The delegates, who are here to prepare the agenda for the 17th APAA meeting to be held in
      320 words
    • Article, Illustration
      Lock icon Tanker brokers shrug off Opec news
      322 44 Market firm with more fixings seen right through June Reuter LONDON Tanker brokers took little notiee of the Vienna Opee meeting but greeted the return of some charterers who had been inactive during the talks which ended on Tuesday. "The market is very firm
      Reuter  -  322 words
    • Article
      Lock icon It's official: the London Tube is a mess
      266 44 Reuter LONDON Everyone agrees that London's underground train system is a mess the passengers, the workers, the managers of the system and now, in a report released on Wednesday, the government. The Tube, as it is universally known, was the world's first
      Reuter  -  266 words
    • Article
      Lock icon S&P lowers Chrysler's ratings to below investment grade
      275 44 NYT NEW YORK Chrysler has been squeezed out of the public debt markets since S&P lowered its ratings on commercial paper to below investment grade last year and then lowered ratings on its notes and bonds to below investment grade in February.
      NYT  -  275 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      8 27 The man who makes the moves, Pg 2
      8 words
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      Page 27 Advertisements Column 2
      211 27 SSWtE HENG METAL CO PTE LTD n ru*3 Ave 14 VHGAPone 2an tele* «a xmtu shmc«. TEL: 861 5855(5*n»«l TilifAJl: Ml 2BM Thv Fv«»««9«ol UnMACBMM I' llllK. tortiidi fcom 1 |I j |||||l| km»lOkMM yfUrll I iU. Illllil -QwMcMM ■JHI imuJßkull i 4 lpo !<*<**• iHCirott. MALAYSIA C«Mrt» iiiAiuMK MOMMA
      211 words
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      Page 27 Advertisements Column 3
      28 27 Container Schedule 17 Daily Freights 2 tnde» to Advertisers 3 Shaping Guide 10,11 Ships m Port 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17
      28 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      7 28 Innovation Technology in Business Times every Tuesday
      7 words
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      Page 28 Advertisements Column 2
      153 28 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following: Algiers Surcharge of 15 percent to be reduced to 10
      153 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2398 29 O— lARDINE SHIPPING AGENCIES mBH IMM 200 Cantonment Road #1? OS Soutfipoint. SmKjpoje 0208 ■T \llVFr ??180!1 TEIFX NO RS 241 Pi -tibf WIHIIH TERMINAI CFS Tel J*****8 220 rCw] 1 BOOKINGS M i?UVJ4 258 L VAI# .J PESAKA JARDINE SHIPPING AGENCIES SON BHD HUANG TEL *****18 TELEX NO MA*****
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      Page 29 Advertisements Column 2
      1233 29 INDEX I TjUDVERTjSERS I'ajsi- Col I'age Col |A 1 I M I ABC Containcrline 12 I M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nds Agencies 14 1/2 Aeropak Express 9 3 Macoline 18 3 AFS 15 2 Madju Sdn Bhd 15 1/2 Ahrcnkiel Liner 16 4 Maersk Line
      1,233 words
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      Page 29 Advertisements Column 3
      2202 29 mwmi TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETO WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/KODE 7 DAYS Vessel Voy ETA I ETD 'Port 'Penang DESTINATIONS Singapore Keiang T>m Man* Maars* 9i06 tmcmt lie 0600 has Pino ■■■■■i Hi CFS 10/6 2359 MRS OAK LQ6 HOU MEM ATL
      2,202 words
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      Page 30 Advertisements Column 1
      1230 30 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LEVERKUSEN EXPRESS 01/322 10/6 26/6 28/6 2/7 3/7 LONDON EXPRESS 02/123 14/6 6/7 5/7 3/7 iSSSSSSS KITANO 08/323 16/6 7/7 5/7 4/7 9/7 1. Ali tffSTMOM) P. HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 KfLAfM A KNANQ CARGO HANNOVER EXPRESS
      1,230 words
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      Page 30 Advertisements Column 2
      692 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOM. 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 .•Iff, MM.APOKK 221 SOU JBWr.i
      692 words
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      Page 30 Advertisements Column 3
      1583 30 sjmm REGULAR INDEPENDENT FULL CONTAINER SERVICE wESTBdUND for EUROPE VSL/VOT SIN ALG BCL HAM BftE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SINGA 9113 3 08/06 28/06 29/06 02/07 03/07 04/07 05/07 06/07 07/06 NORASIA AL MUNTA2AH 9114-3 14/06 04/07 03/07 07/07 08/07 09/07 10/07 11/07
      1,583 words
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      Page 31 Advertisements Column 1
      2208 31 Steamers Maritime Holdings Ltd Ifc ■i" PftritMTNf STRAITS SHIPPING VML 4 \j Singapore t« Bruacl, East Malaysia, Containers mLMt Voy Ho t-P.n; <-Pkl Spar* *l| Sou Ant Rot Hb( PEMNSIAAA MY 052» 01/0« 03/06 0«/0« 7S/0S 27, 0« 2«/0« ACCEPTS DU SAILS tCBI MAfRSN 910* Ot/K Io,oi U/« 21 0«
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      Page 31 Advertisements Column 2
      2337 31 TO: U.S.AJPANAMA FM: U S.A./PANAMA V oak ice cm fob s«v nor ntc ntc mm mv cm ice o«k sr choiamc victory a\27 s/t 1/7 s/7 i«// 19/7 ji/j ?J/7 iapan awra 117 m/« 21/4 i/s u/s 11/5 s/« CHOVANC WOULD WJ2J i 2 w/ 7// M/ 7 ARABIAN SfNATOR
      2,337 words
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      Page 31 Advertisements Column 3
      405 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel TioTTsf Fpk Tkuc [ii seki w lo "ao HTpt T 1 orange moon ii "ao I I ambalim "si io7« 1 ORANGE OC£AN ioo 9/C H/t TRANS WTO ~29 i/i 12/® 11, i cosmic iiua i ioTc TJTt 1 1
      405 words
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      Page 32 Advertisements Column 1
      567 32 mH CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE WL.'WT jSTOK H ROAM ADAM H BtDG Bft£MEN ANTWERP IMTNMM/29N8 20/6 22/7 27/7 31/7 3/1 SftMMVA/32M8 11/7 19/8 25/1 2»/» 2/9 KUTM/23N8 25/1 26/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Suto|*ct lo Inducamanl Also »cc«ptlng cargo to Casablanca.
      567 words
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      Page 32 Advertisements Column 2
      1045 32 It J4 $5. M, HANJIN SHIPPING rrporelLEH RTM AND HAM BftV FEL 1 FEEDER VSI SIN LINE HAUL LGB OAK HANJIN HONGKONG 029W 11/6 29/6 30/6 1/7 1/7 2/7 3/7 1 HANJIN 082E 11/6 DIRECT 1/7 4/7 HANJIN ROTTERDAM 014* 16/6 4/7 5/7 6/7 6>7 8/7 9/7 1 HANJIN FELIXSTOWE
      1,045 words
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      Page 32 Advertisements Column 3
      1348 32 d -Irl I PHI SCP HKG KSC U.G PUS MT OSK NGY SMZ TYO LAX CMS BAI MYC LHV ANN MM TW IK fSD MNIS9 I !?'c IT? 2'f -'5 H,t K/i Wi 29/8 30 6 1/7 12/7 24/7 24/7 a/7 s/ 7 S/l 21/« 31/1 4/J 5/9 r i®
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      Page 33 Advertisements Column 1
      2045 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) V* BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE -*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT: *****44/*****14 S AUST/INDIA/PAK SERVICE -*****18 CFS: K27 EXPORT: *****53/*****04 WJmßm FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 NEPUNE SON BHD MALAYSIA K.L.-(03) *****33, P.
      2,045 words
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      Page 33 Advertisements Column 2
      1033 33 m 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: *****K *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUWD-LOADXG TRAHSHFPED VIA ROTTERDAM wssns 557 |mi* wc ~vor |sm |tkl [*«g [bhv pS
      1,033 words
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      Page 34 Advertisements Column 1
      1728 34 K W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) WjK W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I m 4 M MALAYSIA "K" UNE MARITIME (MALAYSIA) SDN BHD I JL U *JL JL MmJt TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD
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      Page 34 Advertisements Column 2
      1245 34 V® PH'U ORICNT LIN€S PTC LTD 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0)06 1 TEL TELEX RS ***** PHILI PAX *****76/*****38 d&M'. BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION JUN MONTREAL. onAWA. VANCOUVER, S WESTERN ONTARIO 14
      1,245 words
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      Page 35 Advertisements Column 1
      1626 35 SWSmJmrn pacific international lines (pte) ltd B m PjL Building. 140 Cecil Street #0340, Singapore 0106. [Jakarta J Fbangkok I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 06N 8/6 10/6 14/6 INGENUITY 136N 8/6 11/6 14/6 BUNQA TERATAI 233 9/6 11/6 16/6 KOTA BINTANG 9117
      1,626 words
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      Page 35 Advertisements Column 2
      1058 35 > BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Soathpoint lit Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon f 178 7/6 24/6 25/6 27/6 28/6 Jutlandia 176
      1,058 words
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      Page 35 Advertisements Column 3
      600 35 M MYANMA jMMIk FfVE STAR UNE v (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P Gdg SAGAING V23S 8 10 JUN PAGAN VI7IW 8/10 lun 19/21 Jun AWA VIOBW 16/18 lun PINYA VIIEW 4/7 July THE BANK LINE (A service ol Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE
      600 words
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      Page 38 Advertisements Column 1
      811 38 TO AUSTRALIA/NEW ZEALAND VSL Isii If >*<11 [Mis duck NPf 'p CMAIM~ C VEROLMI 212 IS 22/6 21/6 271 7/7 ANTWRPEN 273 7TI V I 10 J 14 1 20/7 23, 7 TV7 MARTHA II 275 S/t 111 IV I 111 ?4~* 2t I 27 8 ELLEN MUOIC 27« 15
      811 words
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      Page 38 Advertisements Column 2
      975 38 E*PORTS TO HONGKONG TAIWAN 4 APAN TWICE WEEKLY MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEF TYO SM2~ NGO KOB [VESSEL VOY SIN PKL PNG BLW SIN *CX DAISY 14 96*1 6 146_ 116 19 620 6 ACX DAISY u" »6 96 ACX LOIUS 136
      975 words
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      Page 38 Advertisements Column 3
      316 38 r pTt peYusahaan" pelayaran! i Y® KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/T6. PRIOK 1 YesiH ET* ITD OtSTINATIOH I I WAG* <111 Voy 13' ®1 110 lun Jakarta Palfmbanf I I NIAGA 42 Wojr 9/91 12/13 km Marti Paltmoang I I NIAGA HI Woy U'Jl 15/17 km Jakarta Patembanj I
      316 words
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      Page 38 Advertisements Column 4
      1627 38 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MISTRI ROAD HMC BUILDING TEL: *****00 #15 00 SINGAPORE 0207 TELEX: RS ***** COSHIP CR NO **********0 M FAX: *****66 CABLE COSTARLINE General Agents: COfITAR SHIPPING PTE LTD TO HONQKONOAND CHINA FROM HONQ KONG AND CHINA VESSEL VOY SCP HUG
      1,627 words
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      Page 39 Advertisements Column 1
      1192 39 roc cowYpmoNAt mvia Vessel PHI PNG P C Loading tor A VESSEL 24 05 Rotterdam Antwerp CHINA FUIX CONTAIN** lIK VICT Vessel SCP PKL BKK HKC QIN SHA YANCFANGKOU 1U 02,6 03 it 0 lit Hit 166 YANCFANGKOU lil 02/7 03,/ 07/7 12/7 16/7 Also accepting other Chinese ports via
      1,192 words
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      Page 39 Advertisements Column 2
      625 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD I > El* ETA ETA SPORE PORT KELANG PENANG BLUE IMX 18,6 Loading tor ¥d* *UV«I HUOHU 15,6 Loading for Calcutta DOIPHN 76/6 Loading For Mjif PIONEER SUPREME 15/6 loading For Mate DONAKU.HI 10/6 Loaded for Felmaru PROGRESS LDERTY lb 6 12/6
      625 words
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      Page 39 Advertisements Column 3
      413 39 SYDNEY/MELBOURNE BANGKOK [wm |wt mm sn> m |»ra |wt mumm —mmm WY BK>< 0905 20-21/6 03-S/7 07 1/7 NANTA BHUM 44N Uon 10/6 Th 7 13/6 i-t/7 18 20/7 22 24/7 CHAtYA BHUM# 13N Won 10/6 TIM 13/6 BHt 110( 20-21/7 02-4/8 06-8/8 MAMA BHUM (IN RM 12/6 Sat 15/6
      413 words
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      Page 39 Advertisements Column 4
      434 39 Baagaa TWffi-Lrc VBL VOV 81NOAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER STAR 162N 13 13/06 19-21/06 27-27/06 KURN.SK 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 SINQAPOnE/CALCUTTA/SMQAPORE VESSEL VOV SM CAL SIN TIGER RIVER 131CNB SID 11-13/06 19-20/06 IHOTSE 403 12-12/06 16-20/06 26-27/06
      434 words
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      Page 40 Advertisements Column 1
      1177 40 MAC-NELS SINGAPORE I "PORT tel *****22 IMPORT TEL *****02 PENANG TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL (03 *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 '•I J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 PADANG TEL: (751) ***** —l\y J
      1,177 words
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      Page 40 Advertisements Column 2
      369 40 BLUE STAR LINE I SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SJN N. PIT AUCK LTT MULBERA 21S U lun 25 lun Via NPt 27
      369 words
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      Page 40 Advertisements Column 3
      1150 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15 00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER BBRVICEB *****88 (BOOKINQ LIN18) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH yESStL l?r ETA OEST VESSEL VOY ETA
      1,150 words
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      Page 41 Advertisements Column 1
      743 41 ly 9 M'm JJ M fll fJ \KV DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Pen.in|* P Ketone Siifipore E'Msij SHAPLAEVERfTT 11/13 tun 14/16 )un 19/21 Jui KAIMLEVERETT 27/29 Km
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      Page 41 Advertisements Column 2
      535 41 vsl Ivor [store hmmiNER Ilax Ikst Isav hve Imtx m HONGKONG 63* U/t 25/7 HI/7 IS/7 16/7 ZSI MELBOURIC 2121 15 6 ZSI PUSAN 14/7 23/7 26/7 21/7 30 7 m MRAEUS UK 26 6 M CALIF OK MA 23/7 1/1 4/1 C/l l/l m KOPEK lit 21 6 2M
      535 words
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      Page 41 Advertisements Column 3
      757 41 I HHK UNER SHIPPING PTE LTD I 10, Anson Road. *17-06 International Plaza, Singapore 0207 Tel: *****33 (10 lines) \1 Telex RS ***** LSSHIP Fax *****13 MUJIJM L FAR EAST HOW KOMfi 12/6 17/6 I JAKARTA 8/6 976 KEEIUNG 9/6 12/6 iMANILA 8/6 15/6 KAOHSIUN6 10/6 17/6 P. KELANG 7/6
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      Page 41 Advertisements Column 4
      608 41 ns PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT 3BY MELITA 07/91 IN PORT 10/06 PRASETIA 175 A DRY-DO CKING JATIDIRI 935 08/06 11/06 MELITA 09/91 12/06 15/06 JATIDIRI 936 15/06 18/06 MELITA 11/91 19/06 22/06 TANTO UTAMA 169 08/06 11/06 TANTO UTAMA
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      Page 41 Advertisements Column 5
      392 41 SIN FM EAST 9/6 KEELUNG/KAOHSIUNG 10/6 BANGKOK 7/6 MANILA/CEBU 8/6 JAKARTA/BELAWAN/SURABAYA 8/6 PORT KELANG/PENANG/E. Malaysia 6/6 BUSAN 12/6 TOKYO/YOKO/KOBE/NGO/OSA 11/6 HONG KONG SIN CNM 11/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 10/6 LDN/FLX/LVP/SOU 10/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgarta/Czech. SHI Bj/MMM 6/6 LOS
      392 words
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      Page 42 Advertisements Column 1
      1057 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) P.T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SUKABAHA TAKARI IV 4092 07 JUN 10 JUN TAKARI I 1710 10 JUN 12 JUN I AKARI IV 4094 13 JUN 15 WN TAKARI I 1712 17 lUN 19 JUN TAKARI IV
      1,057 words
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      Page 42 Advertisements Column 2
      619 42 /ygxSETH SHIPPING CORP. SDN BHD (•AIAA PT KLAUS TU 03 36/5106 |6 lines) FAX *****11 \XPV TEL 04 *****9 SKAN TEL M 9 214 M? SIBU TIL ofl4 *****2 TAKKAU TEL 089 *****9 KK TEL 088 *****0 KUCH TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE f»0t» 101 WW I
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      Page 42 Advertisements Column 3
      502 42 CUJI coniunv inmvnonnfo J LCL/FCL SERVICE FROM fCiy f f [SI FBI M CUJI operates over 600 terminals/offices in U.S.A. 9 II HI m CUJI maintains over 35,000 tractors trucks. Y I H UmL M CUJi Mtvss over 60,000 points In U.S.A. HUB hQBJ /JP®i out offer reliable LCI/FCL services.
      502 words
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      Page 42 Advertisements Column 4
      470 42 BHB MANILA ETA VIGOUR PACIFIC 38N8 8/6 j VIGOUR S'NGAPOUR 2NB 15,6 BANGKOK n/6 14 6 BJSAN 14 6 22/6 HONGKONG 14 622 6 DURBAN PT LOUIS 19-6 4/7 KEELUNG 9/6 16,6 USA 10/6 17/6 PT KELANG 14/6 21/6 KOBE 9/6 16/6 PIRAEUS 10 6 21/6 OSAKA 12/6 19/6 JAKARTA
      470 words
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      Page 43 Advertisements Column 1
      696 43 MORE FREQUENT FLIGHTS WORLDWIDE jfrggg NEW ZEALAND/FIJI I VESSEL Jkt P.Kf 'Pen *Bkli Sm S'baya Auckland Fiji(A) I N.Plymouth (A) Timaru Lytte4ton(B) Dunedin(B) Napier *efcnfton(C) Tauranfa N Rotterdam/9113 8/6 10/6 10/6 10/6 12/6 15/6 28/6 10/7 30/6 2/7 3/7 3/7 4/7 4/7 6/7 N Rosario/9114 18,6 20 6 20/6 20/6
      696 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      347 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 *****300 1400 *****600 1700 1800 1900 7000 2100 2200 2300 JR 12 13 15 18 2.1 22 2.2 2.1 18 15 1.2 10 09 09 10 13 1 7 20
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      Page 44 Advertisements Column 1
      752 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY Ml PWE SN lift HAUL VOY IBH OAK SEA Lift HAUL VOT TCM/SEA PTI NAN HA I 202 021 09/06 10/06 12/06 H COMMANDER 26E 08/07 11/07 14/07 GOLDEN
      752 words
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      Page 44 Advertisements Column 2
      184 44 BVMIJI.M PASIR GUDANG SINGAPORE CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR GUDANG SINGAPORE wt n< 2100 ms etd 0700 hbs tu 1300 w»s 005S 7/t 1/6 s/c 906S 10/f U/C U/t 007S 14/ C IS/C 15/8 MSS 17 6 IS C II 6 009S 21/6 22 6 22/t 910S
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      Page 44 Advertisements Column 3
      392 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) «»»>».«», Isflsrsr tt .71 IOWOA EWttSS ***** IK 5/7 >,; 2 *m*4tn l> »w«p Kmtr***. tX. HM, skf*.. iji_£ g r *=5= Mr— MEDITERRANEAN (MED CLUB)* JEDDAH toniuiicwwuiii im" #< mT 'iT* ItT" SoT '«T ««»mm fTc OCfMMS T0»T0 il 321) 17/t
      392 words