The Business Times, 17 June 1991
1991-06-17
1
46
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The Business Times
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Title Section9 1991-06-17 1 BusinessTimes MCI (P) 16/12/90 Monday, June 17, 1991 75*9 words
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NEWS SUMMARY
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62 1991-06-17 1 BAGHDAD Iraqi authorities and Kurdish leaders have reached a draft accord on the future of Kurdistan that will be signed "in the coming days". Massoud Barzani. head of the Democratic Party of Kurdistan, left here early yesterday for Iraqi Kurdistan, in the north,62 words
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55 1991-06-17 1 BEIJING More than 9.000 Chinese, Soviet and East European business leaders and trade officials are attending an annual 10-day trade fair in the north-eastern city of Harbin. Last year, the fair attracted more than 2.500 participants and led to contracts worth a total of55 words
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Article33 1991-06-17 1 A 36-HOLE golf course coming up in Gelang Patah in mid--1992 will meet the needs of many Japanese expatriates in Singapore looking for golfing facilities in Johor Page 233 words
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Article33 1991-06-17 1 JURONG East will be the first of several proposed business parks that may finally be finding their way onto the property scene after about three years of planning Page 233 words
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Article34 1991-06-17 1 THE lure of vast oil and mineral resources and long-stand-ing territorial disputes over clusters of islands, atolls and reefs could bring upheaval to the South China Sea. analysts say Page 734 words
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Article24 1991-06-17 1 THE US government has reported that the country's economy appears to be growing again without pushing up inflation Page 824 words
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Article25 1991-06-17 1 SINGAPORE businesses looking to go regional or global should rely on sound measurements rather than gut-feel assessments when making decisions Pag* 1125 words
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Article17 1991-06-17 1 THE world of music recently lost three elder statesmen of the piano Page 1917 words
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Article29 1991-06-17 1 ATTRACTED by the region's potential as a cruise destination. Damen Services of Indonesia will launch a SingaporeJakarta cruise service on June 26 Shipping Times Page 129 words
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MARKETS SUMMARY
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Article34 1991-06-17 1 FUJI OFFSET PLATES, which saw its proposal for a one-for-two bonus issue turned down recently, has shrugged otY its immediate disappointment and is carrying on with its future plans Page 334 words
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Article40 1991-06-17 1 MALAYSIAN plantation giant Kumpulan Guthrie Bhd will continue to retain agriculture as its main business activity over the next five years, in spite of a sustained diversification into manufacturing and property, says its chief executive Page 340 words
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Article28 1991-06-17 1 FAILED entrepreneur Christopher Skase left Australia last Saturday after declaring himself bankrupt with personal debts of more than AS 170 million (SS23O million). Page 428 words
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Article27 1991-06-17 1 US BANKS will be among the last to benefit from an economic recovery, and rising failures will be one symptom of this Page 627 words
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Article49 1991-06-17 1 THAI Finance Minister Suthee Singhasaneh will receive in the next few days a crucial draft Bill which will establish the Securities Exchange Commission to oversee the Stock Exchange of Thailand and promote the use of commercial papers as business entities' new ways of financing Page 649 words
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Article, Illustration30 1991-06-17 1 Iriday Change BT-MGA 738 29 -2 31 Kuala Lumpur 627.13 +2.47 Tokyo 25.093.89 +285.72 Hongkong 3.639 "5 6.60 Sydnev 1.509.0 +13.4 New York 3.000.45 +35.33 London 2.522.3 +7.730 words
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Article25 1991-06-17 1 Exchange rates USS SS 1.7880 100 Yen SS 1.2616 MS SS 0.6418 Money market rates Overnight 4 15/16% -1/16 u 3-month 5 5/8 unch25 words
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Article33 1991-06-17 1 Rubber S'poreJulv.. l48.00Vkg unch M'sia July 233.50«/kg +0.50 KL Tin Turnover 53 tonnes -23 Spot MS 15.55/kg -0.05 Crude palm oil Turnover 757 lots -218 j July MS 7 44 /tonne +433 words
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Article, Illustration345 1991-06-17 1 Florence Chong - Tycoon strongly believed to be looking for hotels From Florence Chong in SYDNEY TAN SRI Khoo Teck Puat. formerly the owner of Australasia's largest hotel chain. Southern Pacific Hotel Corporation, is strongly believed to be in the market again. Hotel industry sources345 words
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558 1991-06-17 1 LEADING international hotel broking firm TransAct Hotel and Tourism Property Pty Ltd has set up an office in Singapore to capitalise on Singaporean investors' growing interest in Australian hotels. In announcing the opening of the Singapore office, Stephen Burt, managing director of TransAct's558 words
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351 1991-06-17 1 Reuter SYDNEY The Australian Stock Exchange (ASX) wants listed companies to reveal much more information on their earnings and transactions in a move aimed at repairing the country's tarnished corporate reputation. However, the exchange plans to take less of a watchdog role, which isReuter - 351 words
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Article40 1991-06-17 1 SINGAPORE AIRLINES is well-placed to become one of the top 10 mega-carriers in about two decades. Hut unlike other major airlines. its mega-carrier status \«ill not come from acquisitions hut from a bigger market share.40 words
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Article, Illustration712 1991-06-17 1 Harish Mehta - Early count shows party is well-ahead of rivals By Harish Mehta THE Congress (I) party of late Prime Minister Rajiv Gandhi maintained its earlylead in the general election, thrilling Indian businessmen at its bright chances of forging a simple majority, or712 words
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Page 1 Advertisements
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Advertisement149 1991-06-17 1 IUF —V~7 i VISIBLE \DIFFEREnck IN V PROH-SSIONAI EYF. CARE OrnQUEBUUSMKJ Plaza Smgapura I Jang Court Daimaru I Marina Square Sunglasses counter »>«> Aircraft Schedule 27 Market Reviews 22 Work) News 8.9 The Arts 17,19 Vloney Changer Rates 27 Commodities 26 Money Market 25 Foe market indices, editorial, Cryptic Crossword149 words
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Advertisement10 1991-06-17 1 Analysis. Page 10 l ull report. Shipping I imes Pg210 words
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Advertisement135 1991-06-17 1 I I Dulux THE BETTER PAINT HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't afford to be late So, wouldn't you rather travel on an135 words
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HOME NEWS
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NEWS ROUNDUP
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89 1991-06-17 2 THE United Overseas Bank has launched the Platinum Koala Coin in Singapore. The coin, which is available at all UOB group and United Overseas Finance branches, comes in five denominations one ounce, half ounce, quarter ounce, one-tenth of an ounce and one-twenti-eth of an89 words
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Article41 1991-06-17 2 THE Ministry of Finance has directed the Registrar of Companies that it shall not accept the word "Temasek" in any company name unless the company or proposed company is a related corporation of Temasek Holdings Pte Ltd.41 words
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Article70 1991-06-17 2 THE Society for the Prevention of Cruelty to Animals (SPCA) is going to undertake a major education campaign in Singapore to impress upon animal-owners and students the dangers of animal abuse. The SPCA said nearly half of the stray animals now found in Singapore are abandoned former70 words
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Article101 1991-06-17 2 THE Ministry of Health is launching a new Aids (Acquired Immune Deficiency Syndrome) awareness programme targetted at the heterosexual population, moving away from earlier campaigns aimed at homosexuals, prostitutes and drug abusers, according to a Singapore Broadcasting Corporation report. Jimmy Sng, chairman of the Aids Task101 words
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Article, Illustration442 1991-06-17 2 David Chew, Koichi Ishiyama - Membership between $32,000 and $65,000 By E David Chew, Koichi Ishiyama A 36-HOLE golf course coming up in Gelang Patah in mid-1992 will meet the needs of many Japanese expatriates in Singapore looking for golfing facilities in Johor. The proposed golf442 words
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Article, Illustration288 1991-06-17 2 Dexter Lee - By Dexter Lee HEALTH MINISTER Yeo Cheow Tong yesterday called on grassroots leaders to organise more activities that will draw Singaporeans together and foster community spirit. Mr Yeo told the press after a morning community visit to Braddell Heights that Singaporeans have been288 words
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340 1991-06-17 2 Lilian Ang - By Lilian Ang JURONG EAST will be the first of a number of proposed business parks that may finally be finding their way into the Singapore property scene after about three years of planning. Sources say the Jurong Town Corporation (JTC), working340 words
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Page 2 Advertisements
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Advertisement128 1991-06-17 2 For that very special celebration, you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- y excellent service. Make self when you celebrate it cm unforgettable affair, a grand and exclusive Call us at 534 4040 occasion with128 words
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Advertisement347 1991-06-17 2 NO INVESTMENT KEEPS PACE WITH PROGRESS LIKE PLATINUM OR THE 199 1 AUSTRALIAN KOALA PLATINUM COIN Ij' Platinum is the world s rarest precious metal. 10 metric tons of ore A different Koala motif each year makes it not only a platinum investyielding only I troy ounce of pure platinum347 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration418 1991-06-17 3 Carolyn Lim - Director, however, expresses surprise at SES decision By Carolyn Lim FUJI OFFSET PLATES, which saw its proposal for a one-for-two bonus issue turned down recently, has shrugged off its immediate disappointment and is earning on with its future plans. "We do not know418 words
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450 1991-06-17 3 David Chew - Sustained diversification will not be affected By David Chew MALAYSIAN plantation giant Kumpulan Guthrie Bhd (KGB) will continue to retain agriculture as its main business activity over the next five years, despite a sustained diversification into manufacturing and property, chief executive Tan Sri450 words
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Article, Illustration520 1991-06-17 3 Hong Lee Tiam - MARKET TALK By Hong Lee Tiam LIKE other retailers, Isetan is feeling the bite of declining Japanese tourist arrivals, combined with high rents and wages, as well as the strengthening of the Singapore dollar. First-quarter arrivals of Japanese tourists tumbled 36 per cent to520 words
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223 1991-06-17 3 Bernama KUALA LUMPUR Uniphoenix Corporation Bhd plans to diversify into finanI cial services, says its chair- man. Speaking after the company's annual general meeting last Saturday, Tan Sri Jamil Mohd Jan said: "We have already evaluated several proposals from local parties and areBernama - 223 words
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243 1991-06-17 3 Shoeb Kagda - By Shoeb Kagda KUALA LUMPUR-LISTED Timah Langat, primarily a tin mining company, will step up efforts to diversify its operations in the coming year, said its chairman Dato Haji Ahmad Razali Mohd Ali in the company's annual report. A slowdown in the tin243 words
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COMPANY BRIEFS
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116 1991-06-17 3 METAL CONTAINERS Limited (MCL) has announced that Carlee Electronics Pte Ltd. a 66.7 per cent-owned subsidiary of Riveira Development Pte Ltd which is in turn a subsidiary of MCL. has increased its paid-up capital to 5i2.45 million through a rights issue of 6.45 million new116 words
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Article99 1991-06-17 3 KUALA LUMPUR Magnum has announced that in accordance with the option agreement dated June 3, 1990. between the company and Wan Azmi Wan Hamzah, the latter has exercised the option to purchase another five million General Lumber (Holdings) Berhad's shares at M 52.704 per share on99 words
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Article117 1991-06-17 3 KUALA LUMPUR Landmarks shareholders, who are entitled to subscribe for the restricted offer for sale by Peremba, are advised that the last date and time for acceptance and payment for this offer is June 28 at 5.00pm. The manager for the restricted offer, D&C Mitsui Merchant117 words
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Article84 1991-06-17 3 KUALA LUMPUR Goh Ban Huat (GBH) Bhd feels there is a positive prospect for its existing products, says chairman Goh Tai Seng. He said in the company annual report for 1990 that GBH will continue to look towards healthy sales of the products and increase the84 words
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Page 3 Advertisements
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Advertisement213 1991-06-17 3 Wi 11 vou ca 11 me fro m your hotel, darling? A W ANA HOTEL SINGAPORE !11 Hill 5,,,...,,,.,,, I I II 1 !,..p K, 'I- I'..' I lix V. I .1. M ASIAP ACK'9I/ASIA PRINT '91 ICE, ACIMGA and UCIMA invite you to see Italian Packing, Packaging, Graphic and213 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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90 1991-06-17 4 HONGKONG Sir Charles Powell, Britain's foreign affairs and defence adviser from 1984 to earlier this year and private seeretary under former prime minister Margaret Thatcher, has been named exeeutive direetor of Matheson and Company Ltd in London, parent Jardine Matheson Holdings Ltd announeed last90 words
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Article57 1991-06-17 4 SYDNEY James Hardie Industries Ltd's building boards division has said it will consolidate and upgrade plants in the states of Queensland and New South Wales. The division said last Friday that two plants would be expanded and two others closed, but staff retrenchments would be minimised57 words
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Article80 1991-06-17 4 LOS ANGELES Hughes Aircraft Co, a unit of GM Hughes Electronics, has said it will build two satellites to provide Thailand its first domestic communications satellite system. Hughes said it had signed a memorandum of understanding with Shinawatra Computer Co Ltd of Thailand, agreeing to80 words
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Article59 1991-06-17 4 TOKYO Japan's 100 leading companies outside the financial sector control almost 20 per cent of the country's wealth among them. The Fair Trade Commission reported last Friday that the firms, mostly industrial, represented only 0.005 per cent of the country's 1.98 million companies but59 words
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Article59 1991-06-17 4 TOKYO Japan's Matsushita Electric Industrial Co Ltd has agreed to supply Television Espanola with about 900 million yen (Ssl 1.3 million) worth of video equipment for the Barcelona Olympic Games. Under the contract, Matsushita will supply 80 half-inch digital videotape recorders, 10 half-inch digital Camcorders and59 words
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Article82 1991-06-17 4 TOKYO Sumitomo Metal Mining Co Ltd sees group net profit declining to 13.50 billion yen (SSI7O million) in the year ending March 31, 1992, from 13.9 i billion a year earlier. It said it expected current piofit to decrease to 26 billion yen in 1991/9282 words
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Article, Illustration266 1991-06-17 4 Personal debts total more than A$ 170 m AFP SYDNEY Failed entrepreneur Christopher Skase left Australia last Saturday after declaring himself bankrupt with personal debts of more than Asl7o million (Ss23o million), airline officials said. Mr Skase, who now lives in Spain, left Brisbane Airport onAFP - 266 words
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170 1991-06-17 4 Asahi TOKYO Nissan Motor Co, Japan's second largest car maker, will set up service bases in Vietnam to repair and maintain vehicles of all makes by the end of this year, a company official said. This move would be the first case ofAsahi - 170 words
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354 1991-06-17 4 NYT TOKYO Toshiba Corp and Motorola Ltd have agreed to suspend plans for joint chip production in Europe. a source within Toshiba said last Friday. Nippon Motorola, a subsidiary of the US company, confirmed that the project had been suspended. The Toshiba source citedNYT - 354 words
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238 1991-06-17 4 BANGKOK Tanayong Co of Thailand has been "technically" delisted from trading on the Stock Exchange of Thailand, with the Finance Ministry to decide the fate of when trading could resume, the Bangkok Post reported late last week. And an official said the Commerce Ministry would238 words
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536 1991-06-17 4 BANGKOK The new majority shareholders of Phuket Yacht Club Co have to buy more than one million shares on the open market to achieve their target of acquiring 80 per cent of PYC shares, the Bangkok Post reported on Friday. Trading on the536 words
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Page 4 Advertisements
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Advertisement173 1991-06-17 4 1 it 7/ Uh high and dry by inadequate funding and non-payment by aistomers? In Singapore, look to the specialist in non-recou.sc factoring for the marine industry Inteniational Factors Marine (IFM). Our type ol factoring can free your company from two of the biggest constraints on any company's growth and173 words
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Advertisement322 1991-06-17 4 SINGAPORE INSTITUTE OF y/P MANAGEMENT I SETTING AND IMPLEMENTING MANAGEMENT GOALS I AND OBJECTIVES I August 26 27,1991 SS6BO SIM members/Ss79o non-members I If you want to be certain that your company is heading towards greater profits, you will want I a proven-m-action method of planning, implementing and achieving positive322 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration334 1991-06-17 5 Company to cut debt further: finance director Reuter LONDON Publisher Maxwell Communication Corp pic is already seeing signs of economic recovery in US businesses, group finance director Basil Brookes said. The company earlier announced pre-tax profit for the vear to end-March fell toReuter - 334 words
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409 1991-06-17 5 Reuter NEW YORK Negotiations between Donald Trump and bond-holders of the Trump Castle casino appear to be deadlocked and analysts said last Friday that talks were expected to continue throughout the weekend as the Castle approached its payment deadline today. The CastleReuter - 409 words
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357 1991-06-17 5 AP NEW YORK International Business Machines Corp said last Friday that the company believes it will be the first to produce the next generation of computer memory chips, which will make IBM computers faster and smaller. IBM plans to useAP - 357 words
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COMPANY BRIEFS
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112 1991-06-17 5 LONDON Bankers to the beleaguered Brent Walker Group pic have agreed on a £20 million (5558.4 million) payment critical for working capital, said a spokesman at Standard Chartered, head of the firm's bank steering committee. "All 47 banks have signed the agreement to112 words
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Article64 1991-06-17 5 MILAN Olivetti may take a stake in troubled French micro-computer firm SMT Goupil. "Negotiations are ongoing," an Olivetti spokeswoman said. "We have been asked by the French government to intervene." She declined to give financial details. Olivetti chairman Carlo de Benedetti met French Prime64 words
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Article82 1991-06-17 5 LONDON Imperial Chemical Industries pic said it is to include existing voluntary severance pay arrangements in workers' contracts. An ICI spokesman said the company was writing to its 50,000 UK staff in response to employee concerns about their contractual rights in the event of redundancy.82 words
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Article38 1991-06-17 5 MANNHEIM German Suedzucker AG said that despite the cost of restructuring its east German unit, profits for the year to Feb 28. 1991, had risen clearly. But it gave no figures for group profits.38 words
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280 1991-06-17 5 Reuter SEVILLE. Spain Spanish power utility Sevillana de Electricidad SA said it had asked the National Stock Market Commission (CNMV) to investigate holdings of its shares following large block trades last Friday. About 5 per cent of the company, equivalent to more than 12Reuter - 280 words
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Page 5 Advertisements
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Advertisement151 1991-06-17 5 WHO TURNS BUSINESS INTO PLEASURE? THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At I hai, we like to make ail our passengers leel as true to its name, you'll be treated no less than royalty So whether you re olt to any one ol our 48 Asian though151 words
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FINANCIAL NEWS
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SMALLCHANGE
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Article106 1991-06-17 6 HONGKONG South Korea's state-owned Korea Exchange Bank (KEB) will go ahead with privatisation plans when the Seoul composite stock index recovers to above the 800-point level. KEB's managing director Se-ju Oh said yesterday that the stock market will pick up around September as Korea's economy is recovering106 words
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Article63 1991-06-17 6 PARIS French insurance firm Axa SA has agreed with Equitable Life Assurance Society to take a stake in the US insurer. Chairman Claude Bebear did not say how much Axa planned to invest, but newspaper reports have put the sum at US$l billion. Mr63 words
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Article, Illustration590 1991-06-17 6 FDIC head warns of rising failures Reuter NEW YORK US banks will be among the last to benefit from an economic recovery, and rising failures will be one symptom of this. "Banks will lag the general recovery because most of their problems areReuter - 590 words
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436 1991-06-17 6 BANGKOK Thailand's Finance Minister Suthee Singhasaneh will receive in the next few days a crucial draft bill which will establish the Securities Exchange Commission (SEC) to oversee the Stock Exchange of Thailand (SET) and promote the use of commercial papers as business436 words
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305 1991-06-17 6 Reuter TAIPEI Taiwan's Hua Nan Commercial Bank Ltd has obtained permission to set up a representative office in Hongkong, becoming the first Taiwanese bank to operate in the British colony, the bank said at the weekend. Taiwan's banks, steadily expanding overseas, haveReuter - 305 words
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284 1991-06-17 6 Reuter MOSCOW Soviet officials have discovered that the country's banks granted billions of roubles in excess loans last year, according to the reformist daily Izvestia. "In 1990, 21 billion roubles of credit resources were allocated above the amount planned by Parliament and theReuter - 284 words
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Page 6 Advertisements
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Advertisement1486 1991-06-17 6 ®KIAW AIK HANG FINANCE COMPANY LIMITED (Incorporated in Singapore) 157, SOUTH BRIDGE ROAD, SINGAPORE 0105. TEE: *****66 BALANCE SHEET Thirdpart.es 3.111 3.548 December 31 1990 Related companies (Note 3) 267 332 IQQfI logo Holding company (Note 3) 40 ASSETS 1990 1989 Related parties (Note 4) 120 201 SS-000 SSDOO Current1,486 words
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Advertisement145 1991-06-17 6 UNPARALLELED OPPORTUNITIES FOR THE INFORMED Sources and information to help you present and sell your products or services in Kuwait For free details send your name and fax number to Singapore Fax 737-5530 FOR SALE I SECOND HAND j WOOD BASED PANEL FACTORIES Particle Board Factory/Machinery: I a) Capacity 80145 words
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Page 6 Miscellaneous
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Miscellaneous39 1991-06-17 6 Dollar$ Non$en$e mm v «gjjW9^ i in™ n I) II I I f —31 1 }\wmL tet- "And on Wall Street today, the stock market was up fifteen points with glamour stocks leading non-glamour stocks by a two-to-one margin."39 words
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THE REGION
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536 1991-06-17 7 Reuter KUALA LUMPUR The lure of vast oil and mineral resources, along with long-s--tanding territorial disputes over clusters of islands, atolls and reefs, could bring upheaval to the South China Sea in the near future, analysts say. The area could becomeReuter - 536 words
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Article, Illustration462 1991-06-17 7 AP WASHINGTON Budget cuts, the demise of communism, the Gulf War, tough contract negotiations and now an erupting volcano are diminishing the perceived value of America's largest overseas military base. Long considered vital to US defence of the Pacific, Asia and the Middle East,AP - 462 words
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313 1991-06-17 7 NST KUALA LUMPUR Four states in the Malaysian peninsula exceeded their logging quotas by an average of 300 per cent between 1986 and 1990, Primary Industries Minister Datuk Sen l)r Urn Keng Yaik said on Saturday. The states now have to report the amountNST - 313 words
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NOTE BOOK
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100 1991-06-17 7 BANGKOK Thai rice traders have warned of soaring domestic prices of the commodity due to hoarding as huge orders roll in from Iran and Brazil, the Bangkok Post reported on Saturday. Iran is negotiating to buy 90,000 tonnes of high-quality rice, the English-language daily100 words
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Article86 1991-06-17 7 TOKYO Japanese businessmen will expand investment in the Philippines after a law liberalising foreign companies' management participation in local firms takes effect later this year. Japanese officials said on Saturday. They said the agreement came during a conference on JapanPhilippine Economic Cooperation held here on86 words
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Article87 1991-06-17 7 KELANTAN The British government has agreed in principle to extend a US$546 million (*****.8 million) loan to the Tenaga Nasional Berhad (National Electric Board) to build a hydro-electric dam. Energy. Telecommunications and Posts Minister Samy Vellu said on Saturday. He said the loan would be subject87 words
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Article133 1991-06-17 7 KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad will make a two-week official visit to Chile, Brazil and Argentina from June 19 to July 3, a Foreign Ministry statement said on Saturday. The Prime Minister's entourage includes Foreign Minister Abdullah Ahmad Bad--awi. Transport Minister Ling Liong133 words
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Article90 1991-06-17 7 COPENHAGEN Denmark has given political asylum to a former member of the Thai Cabinet overthrown by a military coup in February, the daily Politiken said on Saturday. In a report from Bangkok quoting Thai intelligence sources, the newspaper said Denmark had granted asylum to Chalerm Yoobamrung,90 words
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Page 7 Advertisements
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Advertisement192 1991-06-17 7 Em Uwwuc, Managing Dimiix. Digital Singapow Pie LtJ Global Corporations... Use Global Resources "When you're doing business on an international scale, it's vital to have every business advantage at your fingertips. And the American Express* Corporate Card gives me and my staff significant resources for doing better business. American Express192 words
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THE WORLD 1
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503 1991-06-17 8 Increasing signs of recovery fail to persuade Wall Street Agencies NEW YORK In another batch of favourable data, the US government reported last Friday that the country's economy appears to be growing again without pushing up inflation. Most economists consider that combinationAgencies - 503 words
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379 1991-06-17 8 AFP SEOUL When South Korea's Lucky GoldStar Group imported gold bullion from communist North Korea recently, it raised eyebrows among competitors, but the government smiled on the deal. Officials here are betting that trade between South Korea's huge conglomerates and theAFP - 379 words
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Article, Illustration284 1991-06-17 8 Reuter LONDON Britain's Chancellor of the Exchequer, Norman Lamont, has said the country is on the way to economic recovery and that growth will resume in the second half of the year. Writing in the Sunday Express newspaper, he said itReuter - 284 words
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Article, Illustration548 1991-06-17 9 Uncertain recovery after Tiananmen crackdown UPI BEIJING Two years after the Tiananmen Square crackdown crippled travel to China, Beijing's best hotels are bustling, flights are overcrowded and government officials are declaring a recovery for the tourism industry. At the same time, other hotels areUPI - 548 words
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247 1991-06-17 9 AFP DUBAI Dubai, a small Gulf emirate but a major oil producer, is continuing exploration for more hydrocarbons to boost reserves that should last for 30 years. In its annual report for 1990, released during the weekend, the Dubai Petroleum Company (DPC) said oilAFP - 247 words
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282 1991-06-17 9 Reuter NEW DELHI India's trade balance swung to its first surplus in four years in April and officials expect the rebound to strengthen the country's plea for international funding to avoid defaults on borrowings. "The surplus position shows that India canReuter - 282 words
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WORLD WATCH
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Article61 1991-06-17 9 WASHINGTON The Bush administration may drop its opposition to Taiwan joining the General Agreement on Tariffs and Trade (Gatt), the Washington Post reported last Saturday, quoting US Trade Representative Carla Hills. The move is part of efforts to win congressional support to extend China's most favoured61 words
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Article55 1991-06-17 9 SEOUL South Korean President Roh Tae-Woo is to summon a meeting of ministers today to discuss preparations for reunification with the communist North. He was expected to tell ministers to learn from German reunification and set up measures needed to prepare for Korean reunification, the55 words
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Article85 1991-06-17 9 BONN A massive tax increase to finance German reunification has been agreed by the country's Parliament. After 15 hours of talks, the two houses of Parliament, the Bundestag and the Bundesrat. hammered out a deal last Saturday which will add an additional 15 billion German85 words
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Article58 1991-06-17 9 WARSAW Foreign investors will be allowed to repatriate profits earned in Poland under the provisions of a liberal new law on joint business ventures approved by the Polish Parliament, Warsaw newspapers reported last Saturday. Previous curbs on profit repatriation have been lifted and incentives are offered58 words
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Page 8 Advertisements
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Advertisement388 1991-06-17 8 —OR/ENTSUN Singapore's Latest Luxury Liner Special visit Indonesia Year i99i' 5-Day Singapore-Jakarta-Singapore I Cruise from $799 8 |y/uOCE 1 Jun 26.30 I I /Owl Jul 5, 9. 13, 17. 21, 25, 29, I (For 2nd person sharing cabin) y Au fl 3 7 1 ls< ,9 23, 28 I Sep388 words
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Page 9 Advertisements
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Advertisement157 1991-06-17 9 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry It also closely follows daily price changes157 words
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Advertisement373 1991-06-17 9 Canon's Plain Paper Fax L 770 now comes with a surprise free gift. Now you can actually I I 111 II save money on every fax as well as enjoy added JL interest on your savings. 7 With the L 770 you'll never have to waste time and money photocopying373 words
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ANALYSIS
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1091 1991-06-17 10 Lim Soon Neo - More and more firms in Singapore are turning to video tor communications and marketing. Lim Soon Neo reports Lim Soon Neo This article first appeared in Singapore Business AU rOVEVOR Engineering, a small local company that employs 50 workers, spent $20,000 last year on1,091 words
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Article, Illustration1006 1991-06-17 10 Florence Chong - With so many receivers in charge, things are certainly not looking up for hotels Down Under. Florence Chong reports from Sydney Florence Chong SOME 6.400 rooms in 35 hotels in Australia are currently managed by receivers. A further 1,500 rooms are under the watchful gaze1,006 words
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583 1991-06-17 10 Peter Passell - America's success in securing a new computer chip pact with Japan may be tinged with bitterness. Peter Passell explains why Peter Passell NYT HI: Bush administration negotiators who pieced to- get her the new computer chip pact with Japan are proud as peacocks. And withNYT - 583 words
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Page 10 Advertisements
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Advertisement220 1991-06-17 10 Two New Easy Ways TO Roll Fix r m* m.t*m aT fcafewv nrww* rmm 5 n *t»U<jrwr* -o OV tmmhAimrnyt office* C»i2«l tr» fib* Cfevar~4tt. it u- ci**«r>i«nr» of It S r 9 Carnct» «a»ts Or*, ot tar «itUr .OP tnti xvw# sil to Mm* or U *> «»t» 'rw220 words
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Page 10 Miscellaneous
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Miscellaneous44 1991-06-17 10 DOONESBURY BY GARRY TRUDEAU Y Üb 'M' Wtt)Ht AKI, HJHATBVdRHAPPENS, YOU CAN I ICVN7WANT YOU TO A/MAYS, ALWAYS COUNI ON 1 BE li/ORRfIWy ABOUT PAPPY TO TAKB CAFB OF YOU, UJtLLUJt UM... PAPPY*? JOB, OKAY TO frWS SURS YOU hAVB A hAVBTO PROBABLY, maiN44 words
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ENTERPRISE & MANAGEMENT
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Article400 1991-06-17 11 Seminars and courses June 17 Achieve Business Marco Polo Dominion *****25 Objectives Singapore Conferences Through Public Publications Relations Pte Ltd Assistants June 17 Working Management Singapore *****66 18 Relationships Use Institute of that Work Management June 17 Personal Management Singapore *****66 19 Computer Hse Institute of Applications for Management400 words
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1084 1991-06-17 11 Chan Wai Leong - Singapore businesses looking to go regional or global should rely on sound measurements rather than gut-feel assessments when making decisions. Chan Wai Leong argues the case for management measurements Chan Wai Leong The writer is senior consultant with SRI International's South-east Asia South1,084 words
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Page 11 Advertisements
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Advertisement191 1991-06-17 11 Management Consultancy Sl# I I I T r 1/ Seminars And Training Kill I Business Assistance 11 I L L I X l\ Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing ILGIARDINO f RtSTAbRANr IOI'NU Lo» n ge W\th A DiVere n ce/ Sample our unique Box Lunch at $15.00-4-1-191 words
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Advertisement85 1991-06-17 11 "I was in and out in 1 hour and 12 minutes flat With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, main course, dessert, coffee85 words
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Page 11 Miscellaneous
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Miscellaneous26 1991-06-17 11 W YJ £2. *1 <4 w? T ik X h a ft J //y. Y&t s '4 ■*r U > Adrian doesn't do anything he's creative. Punch26 words
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SPORTS 1
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Article, Illustration426 1991-06-17 12 Nirmal Ghosh - The New Paper's Big Walk Sunday morning S'pore started out on an enercetic note for some. Nirmal Ghosh reports Nirmal Ghosh THE LEGS were out on Sunday morning, as more than 6,000 people started out on The Ne\v Paper's 10-kilo-metre Big Walk from the National Stadium.426 words
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Article, Illustration484 1991-06-17 12 No major surprises at the Mobil track and field championships NYT NEW YORK One day after perfect weather conditions helped Leroy Burrell set the world record in the 100 m at the Mobil national track and field championships, heat and humidity playedNYT - 484 words
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Article, Illustration639 1991-06-17 13 Fickle weather sends the field fumbling as Payne Stewart and Scott Simpson settle for a tied lead. AFP CHASKA, Minnesota Hazeltine became a roaring monster last Saturday, turning the third round of the US Open into a nightmare for all but a handful of golfers, butAFP - 639 words
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Article250 1991-06-17 13 NYT AP LAS VEGAS Last week, Mike Tyson punched the lens of an ABC-TV camera here, where he is training for a rematch with Donovan (Razor) Ruddock at the Mirage on June 28. An ABC employee who was there said Tyson had looked lethargic and thatNYT; AP - 250 words
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SIDE LINES
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122 1991-06-17 13 SINGAPORE Hongkong completed a predictable victory in the Davis Cup tie against Singapore yesterday when it won the two reverse singles to make the score 5-0. Earlier on Saturday, it took an unbeatable 3-0 lead when Michael Walker and Mark Bailey overcame scorching122 words
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Article42 1991-06-17 13 LONDON Top-ranked Stefan Edberg yielded only four points on his serve as he overpowered American MaliVai Washington 6-4, 6-2 on Saturday to move into the final of the US$5OO,OOO (S$890,000) Queens Club men's grass court tennis championship.42 words
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Article94 1991-06-17 13 HERSHEY, Pennsylvania Jody Anschutz and Barb Mucha moved into a tie for the lead on Saturday at the US$4OO,OOO Lady Keystone Open, but Mitzi Edge stole the show. Anschutz and Mucha carded matching 69s at the par-72 Hershey County Club course and that, combined with94 words
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Article39 1991-06-17 13 NEWPORT, Rhode Island The US advaneed to the Davis Cup semi-finals as Rick Leach and Jim Pugh dispatched Spain's doubles team in straight sets on Saturday, giving the defending champions an insurmountable 3-0 lead.39 words
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Page 12 Advertisements
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Advertisement337 1991-06-17 12 All over Singapore, people tune in to Philips for their favourite music. Philips'wide range of products from today we portable to players (a Philips invention) and home audio systems, However, we also take pride in tl.*?"' ;f2r w? X «v-* >| CTVs and VCRs bring the world of the fact337 words
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Page 13 Advertisements
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Advertisement464 1991-06-17 13 PROGRAMME PAPERS on the ******1110 climate and government policiee to encourage trade and Investments *41 be preeerrted by apeafcers from the Turtdah Foreign Trade Department of the Treeeury, and other govarnmant egendee. A epecW feature of the workshop wtl be prsoentaMona by Turtdah bualnaeamen afco ere looking for tracing and464 words
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Page 14 Advertisements
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Page 15 Advertisements
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Advertisement169 1991-06-17 15 r i; •i w v I t i I MITSUBISHI ÜBER ALLES. 1V A v t J, ft, I '-js- j i' 1 I I 1 i I 1 i 1 I f I i A I i The stunning new Mitsubishi Sigma: '90-'9l Japanese Car of The Year; a169 words
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Page 16 Advertisements
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Advertisement3075 1991-06-17 16 ii. f'J SI -ft lirUJTAT LEE BANK LIMITED and its subsidiary companies (Incorporated in the Republic of Singapore) BALANCE SHEETS as at 31 st December 1990 THE BANK GROIJ p Note 1990 19§9 1990 1909 SS'OOO SS'OOO SS'OOO SS'OOO THE BANK THE GROUP CURRENT ASSETS Ncle CVMA Cash and balances3,075 words
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THE ARTS 1
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Article, Illustration541 1991-06-17 17 Peter B Flint - Peter B Flint remembers Dame Peggy Ashcroft, who died last Friday Peter B Flint NYT Dame Peggy Ashcroft, who died in London on Friday at the age of 83, was praised as a natural actress who projected an inner serenity and moral gravity. SheNYT - 541 words
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Article, Illustration886 1991-06-17 19 Donal Henahan - The world of music recently lost three elder statesmen of the piano: Rudolf Serkin, Wilhelm Kemptfand Claudio Arrau. Donal Henahan reflects on their approaches to music-making Donal Henahan NYT WHEN Rudolf Serkin and Willi e 1 m Kemp f f died last month, both wereNYT - 886 words
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Article, Illustration887 1991-06-17 19 Mervyn Rothstein - Mervyn Rothstein meets novelist Amy Tan, who is still trying to grow into her role as a famous writer of American-Chinese mother-daughter stories Mervyn Rothstein NYT Success. Amy Tan has learned, is never what you expect it to be. "In some ways it's likeNYT - 887 words
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Page 17 Advertisements
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Advertisement2228 1991-06-17 17 fit njy TAT LEE FINANCE LTD. (Incorporated in the Republic of Singapore) BALANCE SHEET AS AT 31ST DECEMBER 1990 1. FIXED ASSETS M. OTHEB CKEIKTOKS No* 199* IW j I Other creditors comprise unclaimed dividends Represeming CM DifmMM Mm ,l SHAK CAPITAL FIXED ASSER J 7.4 M.821 7.WJ.U5 |«M t2,228 words
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Advertisement1339 1991-06-17 17 BUSINESS TIMES TBLBPHONE: 730-5771/5772/5773 PAX: 734-4912 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER OF MACCO INVESTMENTS (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that the Final1,339 words
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Page 18 Advertisements
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Advertisement1070 1991-06-17 18 WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, PINE AMD ENTEBTAIN WHEBE TO WINE, DINE A '"Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.50 a.m. t02.30p.m. Delicate Yangjshou Dianxin. Dinner6.3op.m. to 10.30 p.m. A MKMRKR OK COL HOTKLS INHM •MMJUtW aveloek Road, Singapore 0316.Te1:73.***** I I1,070 words
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Page 18 Miscellaneous
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Miscellaneous841 1991-06-17 18 TELEVISION AND RADIO 1 "Laura", and its bizarre con- 10.00 Worid News <M) RfIQIMCCC nw D&nm r £Xi"i sequences. 10.30 Thriller Theatre Cut and DUblNtoo UN HAUIU I Ifll \J 111 I 1 10.30 Pep Chih Debbie Gibson: Run (See Our Choice). vL4vl- y XXX XV/ T 7.00 AM CNN841 words
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Page 19 Advertisements
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Advertisement229 1991-06-17 19 AND ENTERTAIN Businessman's Buffet A t us Gr i l/!; .th e Businessman's Buffet Luncheop offers you to enjoy a suffeptuods appetiser'and dessert buffet and aivi la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00++ per person. i a229 words
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Advertisement266 1991-06-17 19 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 hove to he a member to enjoy fine dining. P|l. NISHIKI RESTAURANT Lm; MARINA BAY CiOLF AND COUNTRY CLUB 6266 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration5451 1991-06-17 20 Chew Eng Han - By Chew Eng Han TECHNICALS, as well as a brighter outlook for overseas markets, point to an imminent recovery for the local stock market over the next few weeks. The market is expected to shrug ofT last week's poor showing, where the Straits Times5,451 words
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Article4140 1991-06-17 21 Main Board GE Life 1470 +20 +1.4% OUT 240 +17 +7.6% Tibs 50* 500 201 +16 8.6% H Leong Fin 249 +14 +6.0% IMC HKS0 50 131 +13 +110% PCL 50* 179 +12 +7 2% OCBCWt 260 +11 +4.4% Singmarine 50* 545 +10 +1.9% ICB4,140 words
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MARKET REVIEWS
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Article878 1991-06-17 22 Inflation fears hang over Wall Street 'NEW YORK FT THE "mother of all ticker tape parades", as described by New York City Mayor David Dinkins, marched through Manhattan's financial district last Monday to mark victory in the Gulf War, but there was precious littleFT - 878 words
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157 1991-06-17 22 mim AFP SHARE PRICES rose slightly in dull trading during the week, with the Hang Seng Index gaining a negligible 1.38 points or 0.04 per cent to close at 3.639.15 on Friday. Average daily turnover shrank to HKS769 million from HKSI.OI billion in theAFP - 157 words
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338 1991-06-17 22 TOKYO AFP SHARE PRICES were narrowly mixed on the Tokyo Stock Exchange last week in dull trading, driven largely by arbitrage dealing ahead of the expiry on Friday of June futures and options contracts. The Nikkei Stock Average of 225 selected issues closed theAFP - 338 words
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Article, Illustration827 1991-06-17 22 Ray Heath - ii&kJNl: By Ray Heath AS IF recession, inflation, sluggish consumer spending and an overvalued currency were not enough, the UK's company directors have now got another growing menace to deal with the Militant Tendency wing of the institutional investors. Just as late-night travellers on827 words
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ASIAN MARKETS ROUNDUP
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Article103 1991-06-17 22 RESTORED FAITH in new Treasurer John Kerin boosted Australian stocks last week. The market indicator, the All Ordinaries Index, jumped 28.8 points to 1.506.8. The All Industrials Index rose 24.6 points to 2.323.9 and the All Resources Index gained 29.8 points to 881.0. Daily turnover averaged A 5223 million103 words
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Article92 1991-06-17 22 THE Securities Exchange of Thailand (SET) index declined 8.02 points by Friday from the previous week, to close at 812.68 points. It was a 0.98 per cent drop from the previous week's close of 820.70 points. The index fell sharply on Tuesday, losing 8.19 points, and fell another 3.6992 words
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Article143 1991-06-17 22 SHARE PRICES on the Taiwan Stock Exchange experienced a rare lackadaisical week with thin trading as most investors stayed glued to the sidelines. After the previous week's 3.5 per cent rise, the 229issue weighted price index gained a marginal 12.18 points or 0.2 per cent to wind up the143 words
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Article132 1991-06-17 22 TRADING remained weak on the Jakarta Stock Exchange (JSE). and most share prices either dropped or stagnated last week as the values of most dormant scrips underwent a natural process of correction. The JSE index continued its downward slide for the third consecutive week to close at 379.765 on132 words
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Article152 1991-06-17 22 THE eruption of a nearby volcano and poor international metal prices depressed the Philippine stock market further last week and not even the listing of 249 million shares by Shangri-La Properties on Thursday perked things up. At the Manila Stock Exchange. the composite index closed at 1.141.62 points, down152 words
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Article75 1991-06-17 22 SHARE PRICES gradually started rising last week as South Korea's Securities Supervisory Board announced a package of bail-out measures following the fall of stock prices to the year's low on June 4. The broad-based composite stock price index, which opened at 605.60 on Monday, gradually rose to 613.71 on75 words
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Article186 1991-06-17 22 DESPITE predictions of a hung Parliament this week when election results are declared. optimism on prospects for the country's economy pushed India's stock markets higher last week. Market bulls sent the Bombay Stock Exchange (BSE) sensitivity index up 44.5 points or 3 per cent to close at 1298.8, while186 words
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Page 22 Advertisements
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Advertisement44 1991-06-17 22 EVENT Phew! After a gruelling 10 km, buckets of sweat, tonnes of energy and thousands of calories burnt, you can now put up those blistered feet. Today, The New Paper looks at the Event of the Year —with words, pictures, pictures and more pictures.44 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4468 1991-06-17 23 MBT SHARE PRICES on the Kuala Lumpur Stock Exchange managed to close only a shade higher last week in lacklustre conditions, worsened by the lack of fresh developments. Second-board counters featured well and a number of current favourites outshone the rest of theMBT - 4,468 words
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Page 23 Advertisements
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Advertisement554 1991-06-17 23 BUSINESS^TIMES; TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 UNITED INDUSTRIAL CORPORATION LTD IhcorporaMtatfatapuMcolSlnppor*) LOST SHARE CERTIFICATE Applcotion hoa boo«i medoto»oOlroctoiao<«ho abwowemod cowpewy to I»«u« auptc«i«»hf piece ohtioMtowlm shore corttcaie which hM DMIt np(Htad toll Of 9MHMI! No. efefcero Certificate No. tmi mi.wtn •2*2770 Fooog Poh Sum *****0 NOTICK IS HERESY554 words
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Advertisement316 1991-06-17 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF ATL (88) PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Cap. 50, that the Final Meeting of the Members of the abovenamed Company will be held on316 words
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WORLD STOCK MARKETS
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Wall St soars as players see US recovery
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Article, Illustration1335 1991-06-17 24 WALL STREET closed sharply higher last Friday, ending only fractionally below its highs for the day as investors began to perceive an incipient economic recovery in a low inflation environment. The Dow Industrial Average opened ahead, climbed sharply, retraced part of its gain, and then regathered strength going1,335 words
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Article, Illustration722 1991-06-17 24 LONDON share prices finished higher last Friday, as modest buying in several selected stocks and a good start on Wall Street combined to lift the market. The Financial Times-Stock Exchange 100-share index was up 7.7 points, or 0.3 per cent, at 2,522.3, the Financial Times 30-share index was up722 words
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Article193 1991-06-17 24 GERMAN shares ended a week of consolidation on a positive note on Friday, showing a rise of 0.4 per cent from Thursday's levels and leaving dealers optimistic about further price gains this week. "The bourse is really extremely stable despite relatively low turnover," said Klaus Heintzen of Bethmann Bank.193 words
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Article339 1991-06-17 24 AMERICAN economic data in line with expectations, a US dollar static above two guilders and Friday afternoon lethargy combined to leave Dutch shares thinly higher at the end of last week. The CBS general tendency index closed 0.6 firmer at 95.9, with preweekend short-covering providing most of the buying.339 words
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Article187 1991-06-17 24 PRICES on the Stockholm bourse continued to soften in quiet trade last Friday, with the all-share index closing 0.38 per cent down at 1,108.32 as investors waited for more attractive price levels. Blue chip shares slid 0.41 per cent on average. Total turnover amounted to a moderate 312 million187 words
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Article126 1991-06-17 24 THE Paris bourse closed higher last Friday, recovering the ground it lost after rumours that French Finance Minister Pierre Beregovoy had resigned were officially denied. The market then took encouragement from Wall Street's firmer opening and a good tone on the Matif financial futures market. The CAC-40 index ended126 words
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Article135 1991-06-17 24 THE prices of leading Italian industrials continued their strong performance of recent days last Friday, but the overall bourse index still ended with a slight loss as insurers and banks were again sold. Turnover was typically heavy on the final day of the June account, with the MIB all-share135 words
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Article294 1991-06-17 24 SWISS shares closed firmer last Friday after a Wall Street-inspired late rally in the last half an hour of trading took the market higher, dealers said. The SPI index closed 10.7 points higher at 1,112.8, marginally below the day's high. The index closed at 1,120.8 the previous Friday. The294 words
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Article190 1991-06-17 24 BELGIAN shares closed mostly higher last Friday and dealers said volume was boosted by the higher US dollar and advances on other European stock markets, ending days of lacklustre trading in Brussels. The Bel 20 index of leading shares rose 5.12 points to 1,185.95. Holding company Groupe Bruxelles Lambert190 words
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Article366 1991-06-17 24 THE Johannesburg stock market closed mixed to firmer last Friday, buoyed by continued support for quality shares ahead of the weekend in otherwise quiet and cautious trading. Gold share prices ended steady to easier after a two-day downward correction from their week's highs, but leading industrials continued to rise366 words
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Article271 1991-06-17 24 Reuter TORONTO stocks held steady at slightly higher levels last Friday after an early spurt following the release of US economic data. A slight rise in the US producer price index for May to 0.3 per cent eased some fears of renewed inflationary pressures. "Yesterday, the market seemed concernedReuter - 271 words
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Article87 1991-06-17 24 INDICES TURNOVER June 14 Close Prttiow NEW YORK Dow Jones 3.***** 2.965.12 f 35.33 NYSE Financial 152 88 152.29 +0.59 S&P 500 382.29 ***** -4 66 Turnover (million) 170.0 147.2 22.8 LONDON Financial Times 30 1,976.3 1.970.8 5.5 FTSE 100 2.522.3 2,5146 7.7 Turnover (million) 435.7 457.8 -22.1 AMSTERDAM CBS87 words
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Article42 1991-06-17 24 Vienna June 13 Aach Akg Holding 5400 E Allgem (PrcO 3750 50 Jungbunzl 9920 10 Laendertoank (Prcf 671 2 Lenzing 1510 unch Leykam 466 5 Montana Oesten Brau 4780 20 Semperit 121 unch Stcyr 406 1 Veitscher 702 23 Source: Austrian Landerbank42 words
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Page 24 Advertisements
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Advertisement34 1991-06-17 24 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian. Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840. On target, chartpoint in BT on Saturday34 words
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CURRENCY, MONEY & FUTURES MARKETS
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477 1991-06-17 25 NEW YORK Reuter NEW YORK Position-squaring before the weekend knocked some of the wind out of the American dollar's recent rally but did not sway the currency from its bullish course. "There was a bit of a correction today (Friday) and yesterday also, afterReuter - 477 words
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630 1991-06-17 25 ASIAN CURRENCIES AFP MOST Asian currencies fell against the US dollar last week on signs of an economic recovery in America. The yen, the Indonesian rupiah, the Malaysian ringgit, the Thai baht and the New Zealand, Singapore, and Taiwan dollars all fell. TheAFP - 630 words
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Article397 1991-06-17 25 Cross rates June 15 USS SS MS Dm Yen SFr AS NZ$ USS 1.7855 2.7890 1.7955 140.70 0.6126 1.5405 1.3242 1.7437 SS 0 5601 1.5620 1.0056 0.7880 0.3431 0.8628 0.7416 0 9766 MS 0.3586 64.02 0.6438 0.5045 0.2196 0.5523 ***** 0.6252 Dm 0.5569 0.9944 1.5533 78.36 0.3412397 words
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300 1991-06-17 25 Reuter FRANKFURT The US dollar, overbought and vulnerable from a technical viewpoint, still has room to climb even higher in the near term, analysts say. The market's belief that the US economy is recovering strongly from recession will support the unit, evenReuter - 300 words
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Article, Illustration326 1991-06-17 25 IHT PARIS Tiny Denmark is a giant in bond trading. It has the world's seventhlargest market, worth an estimated 1.16 trillion kroner (about SS3O3 billion), and has been a strong performer in recent years. The market is dominated by mortgage-backed instruments, which by some estimatesIHT - 326 words
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426 1991-06-17 25 GOLD FINANCIAL FUTURES REPORT RECENTLY, spot gold has been supported by light investor purchases fuelled by confidence that jewellery demand will be good as long as prices remain below U*****.00 (gold's average price for the last quarter of 1990). So far this month, spot426 words
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Article315 1991-06-17 25 Ijjjj June 14 DEUTSCHEMARK Open High Low Sett Vol Op/lnt Jun 91 0 5544 0.5588 0.5525 0.5575 65.483 100.066 Sep 0.5505 0.5547 0.5486 0.5535 EURODOLLAR Open High Low Sett Vol Op/lnt jun 41 93.72 93.76 93.69 93.75 153.184 877.892 Sep 91 93.32 93.44 93.28 93.40 JAPANESE YEN Open315 words
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Article440 1991-06-17 25 BANKS ARM Rank X Industrial Bank (Japan) 8 International Bank (S) 74 Allied Irish Bank PLC 8 American Express Bank 8 Istituto Bancario San Paolo Di Torino 8 1 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 Keppel Bank (S) 7' 4 Korea Exchange 8 ANZ Banking440 words
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Article521 1991-06-17 25 Interbank rates S$ Bid Offer Overnight 4 15/16 5 1/16 1-month 5 3/8 5 1/2 2-month 5 1/2 5 5/8 3-month 5 5/8 5 3/4 Overnight mode: 5-1/8 US$ High Iflit 7 days 6 5 15/16 1 month 6 1/16 5 1/16 2 months 6 1/8 5 1/8521 words
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Page 25 Advertisements
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Advertisement7 1991-06-17 25 Innovation Technology in Business Times on Tuesday7 words
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Advertisement6 1991-06-17 25 Sing Bullion and Futures Pte Ltd6 words
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COMMODITIES
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Article, Illustration404 1991-06-17 26 Bernama KUALA LUMPUR World tin stocks were depleted by 4,300 tonnes in the first quarter of this year, leaving total stocks of 44,700 tonnes as at the end of March against 49,000 tonnes at end-1990, the Association of Tin Producing CountriesBernama - 404 words
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855 1991-06-17 26 REPORTS AFP THE PRICES of copper, lead and zinc, severely depressed in recent months by recession in the Anglo-Saxon economies, rallied strongly over the past week as industrial unrest posed a threat to output in major producing areas. Fears of a strike at CodelcoAFP - 855 words
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Article1222 1991-06-17 26 Rubber RAS (fob in bales) S cents/kg i Int 1 RSS Close I June 10 147.75 I June 11 147.50 I June 12 147.75 1 June 13 148.00 June 14 148.00 MRELB (fob in bales) N1 cents/kg Int 1 RSS Close June 10 230.50 June 11 230.50 June 121,222 words
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Page 26 Advertisements
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Advertisement1519 1991-06-17 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF HYGAEA SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN. pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the1,519 words
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Advertisement26 1991-06-17 26 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840.26 words
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Advertisement11 1991-06-17 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1096 1991-06-17 27 City Flight E™ Flight ETD City Flight ETA Flight ETD Adelaide SQ228 1905 SQ227 2200 MH/SQ MH643 1730 Amsterdam SQ23 0700 KL842 2035 671 1800 SQ114 1745 KL841 1055 SQ113 1805 SQ1I6 1845 1 MH613 1850 MH614 1850 SQ25 0735 SQ36 2200 MH615 1945 SQ118 19451,096 words
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THE TRAVEL PAGE
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Article, Illustration659 1991-06-17 27 David Marsden - POSTCARD FROM PARIS By David Marsden WAS IT really only a year ago, when, with important customers to entertain, a businessman in New York would feel honoured to hear some between-roles actor, waiting on tables and working the phones in an overpriced restaurant, announcing659 words
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Article152 1991-06-17 27 As at 3pm yesterday: Ixx.ul dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.34S 1.36S Canadian dollar 1.550 1.5800 NZ dollar 1.010 1.0400 Sterling pound 2.920 2.9500 US dollar 1.7850 1.7950 Local dollars to 100 units of foreign currency Austrian schilling 13.90 14.90152 words
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Article153 1991-06-17 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td June 18-22 Asia's Int'l World Trade Reed Exhibition *****13 A WI Exhibition Centre. Companies Jul> 2-6 lnt t,onal Buenos Aires CAMIDA-lndustr- *****1820 of Packaging Singapore b, 0n j f ial Chamber of Machine? Sportware Sportware Matenals Food153 words
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Page 27 Advertisements
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Advertisement35 1991-06-17 27 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations. Call *****77 for details. We know Europe from start lo Finnish. I35 words
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Advertisement236 1991-06-17 27 Lombard? Centra Estero Foreign Trade Camera Commerdo Center Lombarde TRADE MISSION FROM THE LOMBARDY FOREIGN TRADE CENTER (ITALY) TO SINGAPORE 25 26 JUNE 1991 A nine-member trade delegation from the Lombardy Foreign Trade Center of Milan will be assisted by the Italian Trade Commission (Tel: *****44 Mr Chang), to identify236 words
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Page 27 Miscellaneous
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Miscellaneous337 1991-06-17 27 7 Happen to accept the house agent's offer (4,5) 1 I 8 Oil dispensed in cubic cen- fIH~ IH II HI timetres for rumbling Hi Hi JH HI stomach (5) 10 I 11 I 10 Succeed in changing the Lna Lm m mJ character a reprobate 11 What emperors assume337 words
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Miscellaneous209 1991-06-17 27 Singapore Outlook: Fair, with showers in the late morning and early afternoon. Report: Maximum temperature 33.1 Assoc humidity 63% Minimum temperature 25.3* Assoc humidity 89% Hours of sunshine..... 6.00 Rainfall in mm 0.1 Rainfall this month 90.6 Rainy days this month 6 World report Asia-Pacific Hi/I>o* Cond. Auckland 16/10 Fair209 words
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Miscellaneous40 1991-06-17 27 T& MCSSRS. GUN AMD EM*£S... -TA*e r^ Toou <*bbi€. y n "a J CAMP6CLL J GA&&L£ GABBLC G&BBLC V J \i S IrSS?* GAOOLC G*oBie —NOT y \GQtWG Too FKST PoR Nfou, ftpg J 0448 (> EVENING STANOARO CO. LTD., IM2-IMI40 words
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Article, Illustration695 1991-06-17 28 Nirmal Ghosh - Industry's potential yet to reach full bloom By Nirmal Ghosh SINGAPORE'S orchid producers are targeting a larger share of the huge Japanese orchid market, dominated so far by Thailand. In late February, a Singapore orchid study and marketing mission visited Japan under695 words
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185 1991-06-17 28 AFP TAIPEI Taiwan's investments abroad in the first five months of this year totalled US$94O million (S$ 1.68 billion), a jump of 106 per cent over the same period last year, the Economics Ministry said yesterday. Taiwanese investments in Malaysia sawAFP - 185 words
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Article, Illustration71 1991-06-17 28 LONDON The reconstruction of Queen Victoria's nose, knocked off by merry-makers during celebrations of the Duke and Duchess of York's wedding in 1986, is showing signs of taking a long time to blend in with the rest of the 80-year-old marble statue outside71 words
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460 1991-06-17 28 AFP ABU DHABI Gulf cement producers are trying to find new markets for their production to cut a huge surplus caused by several years of recession in the region. "The present markets for Gulf cement are limited as most states imposeAFP - 460 words
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Article116 1991-06-17 28 AFP PARIS US aviation company McDonnell Douglas announced at the Paris Airshow yesterday that it had signed a memorandum of understanding with China's Catic Company to make a 100-105-seat airplane in China, known as the MD9S. The group's executive vice-president for sales programmes, John Wolf, said theAFP - 116 words
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486 1991-06-17 28 James Shyong - From James Shyong in KUALA LUMPUR A 39-HECTARE piece of land in the heart of Kuala Lumpur on which the Selangor Turf Club's (STC) race course is now located will be transformed into a multi-bil-lion-dollar "city-within-a-city" development. Industry sources here said yesterday486 words
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Page 28 Advertisements
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Advertisement50 1991-06-17 28 PiageT fOAIUJERENIMIJLXmE im/tS 1X74 (ili\l]VE j The Richness Of Leather Handmade To Perfection. fS/ll IF^I —EEESI—I —II V. Sole Agent Shnro (Singapore) Pte Ltd Authorised Dealers < Amencaya Branches Daimaru Singapore Euro Shoe Shop w and Branches Melwant Branches Nan Han Leather V Salamander Shoe Shop (Marina Square Isetan and50 words
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Advertisement433 1991-06-17 28 PugeT fMiJim ENimiixmih imns m dENtIVH Interpersonal Skills^ Attend this seminar and You'll Learn These Simple (Yet Sophisticated) Secrets of More Effective Communication Understanding each of the 4 major personality Techniques for responding to conflict more styles and how they relate to you constructively Recognising the 5 different work styles:433 words
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ShippingTimes
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Article, Illustration404 1991-06-17 29 Rahita Elias - By Rahita Elias ATTRACTED by the region's potential as a cruise destination, Damen Services of Indonesia will launch a Singapore-Jakarta cruise service on June 26. Mr Lars Sjogren, managing director of Sembawang Johnson Management, which manages the Singapore-flag Orient Sun, told BT: "In the404 words
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Article152 1991-06-17 29 AFP BEIJING China, Asia's fourth-largest shipbuilder, has exported its first domestically designed and constructed oil tanker, the Xinhua news agency reported. The 44.000 deadweight tonne tanker was recently launched at the northeastern port of Dalian and had already been delivered to the Swedish owner, the officialAFP - 152 words
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Article, Illustration259 1991-06-17 29 Reuter CHICAGO Attorneys for Amoco Corp argued before a US Court of Appeals here, seeking to overturn a US$l25 million judgment against the fifth largest US oil company for damages incurred when its supertanker Amoco Cadiz ran aground off the coast of FranceReuter - 259 words
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Article, Illustration397 1991-06-17 29 FT LONDON Hutchison Whampoa's move into the UK has good and bad points for Britain's ports industry. Hutchison says the deal can be portrayed as a "massive vote of confidence in the British ports industry and the UK economy". Hutchison, headed by entrepreneurFT - 397 words
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306 1991-06-17 29 UPI HONGKONG Cathay Pacific Airways announced it had converted previouslyheld options for three Boeing 747-400 passenger jetliners to firm orders in a deal worth about US$44O million. The aircraft are scheduled for delivery in May 1993. September 1993 and March 1994. Cathay,UPI - 306 words
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Article202 1991-06-17 29 SEMCO Salvage and Marine I Pte Ltd. a subsidiary of pub- licly-listed Sembawang Mari- I time, recently completed a I U*****,000 (*****.100) sal- i vage job on the tanker Theo lying in Chittagong. Work on the tanker began on June 9 and was completed two days202 words
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NEWS SUMMARY
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80 1991-06-17 29 ELF-CONGO has found an offshore oil deposit that will produce five million tonnes annually, company sources said. The deposit, off Congo's main oil port Pointe Noire, should be in production by 1995. the sources said. ELF-Congo. an affiliate of French state-con-trolled oil80 words
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Article51 1991-06-17 29 SPANISH tanker Maersk Valencia departed on its intended voyage to the United States on June 7 after breaking down in the Straits of Gibraltar. Lloyd's Shipping Intelligence Service said. The 152.113-dwt tanker underwent repairs at Algeciras. Spain, after suffering damage to its gearbox on June51 words
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Article27 1991-06-17 29 SINGAPORE Airlines, which has been expanding at a brisk pace.is poised to grab a bigger share of the international travel market Page 227 words
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38 1991-06-17 29 AUSTRALIAN shipping interests have registered their objections to the "adjustment" of port charges in the state-owned ports of New South Wales, due to take effect at the beginning of July Back Page38 words
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75 1991-06-17 29 BMW Rolls-Royce GmbH, aeroengine venture between Bayerische Motoren Werke AG and Rolls-Royce pic. said they will begin construction of a new plant in east Germany in the next few months. Holger Lapp. spokesman for BMWRR. said the new plant, which involves investment of75 words
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42 1991-06-17 29 SHIPPING lanes in the northern Gulf leading to Kuwait will be cleared of mines sown by Iraq by the end of next month, the commander of the German navy's anti-mine task force said Back Page42 words
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LOG BOOK
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75 1991-06-17 30 SEATRADE will be organising its first Asia-Pacific cruise convention in Singapore from Nov 26 to Nov 29 at the Westin Stamford and Westin Plaza. The trade tair, sponsored by the Singapore Tourist Promotion Board and the Port ot Singapore Authority, will focus on the75 words
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Article43 1991-06-17 30 SINGAPORE Airlines has purchased an Automated Output Management software package from Computer Systems Advisers for an undisclosed amount. The package, comprising a Sysout Archival System and an Express Delivery system, will streamline printed output and reduce paper costs.43 words
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Article87 1991-06-17 30 TOKYO Nissan Motor Co Ltd will set up repair/maintenance service stations in Vietnam this year, a spokesman for Japan's second biggest carmaker said. Nissan will set up one service station each in Hanoi and Ho Chi Minh initially and add additional ones in other87 words
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Article74 1991-06-17 30 KARACHI THE Sindh provincial government has decided to import 96 Chinese-built buses for this southern port city, the Dawn newspaper reported. The decision followed a late February visit to China by Karachi Transport Corporation (KTC) officials, the English-language daily said. The report said the KTC officials74 words
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Article85 1991-06-17 30 PARIS Peugeot SA said it planned to cut 940 jobs at its Sochaux plant in eastern France where 23,700 people are currently employed. The company wants to raise productivity at the factory and the job cuts will involve mainly maintenance and administrative workers. A spokesman85 words
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Article54 1991-06-17 30 AMMAN, Jordan US naval forces are intercepting commercial vessels bound for Aqaba, Jordan's only seaport, but are not turning vessels away, a port official reported. Akef Abu Tayeh, deputy director of Aqaba Port Authority, said the 10-month-old UN economic embargo against Iraq has hampered naval traffic and54 words
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Article831 1991-06-17 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and831 words
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Article, Illustration733 1991-06-17 30 Dexter Lee - Singapore Airlines, which boasts of a young fleet, has shrewdly turned advances in aviation technology to its commercial advantage. Dexter Lee, who was in Seattle recently, discusses how SIA is once again employing this strategy with the Mega Top. Dexter Lee SINGAPORE Airlines, which has been expanding733 words
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Article310 1991-06-17 30 SINGAPORE Airlines, which prides itself on the youth of its fleet, buys new aircraft cus-tom-made to its specifications. But long before the aircraft is assembled, SIA would have decided on the systems and equipment it wants on board, and how the cabins should be configured. Yes,310 words
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Article, Illustration204 1991-06-17 30 Powering it up with Pratt Whitney engines PRATT WHITNEY turbofan jet engines power all of SlA's new wide-body aircraft todav, including the Boeing 747-400 and the Airbus A3OO. Pratt Whitney, the world's largest supplier ot commercial jet aircraft engines. clinched a US$2.2 bil- lion ($3.89 billion) mandate in March last204 words
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Article9674 1991-06-17 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum9,674 words
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SHIPS IN PORT
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Article521 1991-06-17 45 Vessel Voy No Berth Arrwal Departure 1 Vessel Voy No Berth Amval Departure KmmmI Wharwe* Gd,uda 003 MbA 1'06/0900 18 06/2300 1606 2000 Gemah R, ah 0,4 MJA 1'06/1530 17 06/2359 Coca Pcess 035 (P) K30 S 6 06 1800 Kaban|ahe 23 91 M3B i;06 < 0;00521 words
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Article985 1991-06-17 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Sip Voy No Etb/Btr Record Period Booking Balance From To Rslts From Aka Bhum 499N 18/0030 00 00 16,1659 17/0659 16/1900 17/0900 Alkaid 905 17/2315 1 1 9 16/1900 2 THE oo 9 17 0900 AJIt Glory ***** 19 0900985 words
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Article252 1991-06-17 45 Penang Port Berth in Butterworth on June 17: 1: Tito; 2: Taniung Emas; 3: Sri Artka: 4: nil; 5; Anson; 6: Uni Summit Penani Wharf: NB KD Ganyang, Abreast KD Baung; CB: Kri Siliman, Abreast Kri Silibua; SB: Taniung Bungah. BCT: Bl: Soon An; Bll: Telina; l/B;252 words
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453 1991-06-17 46 Lloyd's List SYDNEY Australian shipping interests have registered their objections to the "adjustment" of port charges in the state-owned ports of New South Wales, due to take effect at the beginning of July. Serious concern has been expressed by both the Australian ChamberLloyd's List - 453 words
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Article919 1991-06-17 46 A FLURRY of time-charter fixings on Thursday, mostly by Far East charterers, lifted freight market rates. The enquiry emerged after Tuesday's approval of US$l.5 billion of US grain credits to the USSR which is expected to lead to a bout of Soviet chartering in the short term. Recent919 words
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165 1991-06-17 46 Reuter DUBAI SHIPPING lanes in the northern Gulf leading to Kuwait will be cleared of mines sown by Iraq by the end of next month, the commander of the German navy's anti-mine task force said. "By the end of July we will haveReuter - 165 words
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200 1991-06-17 46 Reuter PARIS BMW Rolls-Royce GmbH, aeroengine venture between Bayerische Motoren Werke AG and Rolls-Royce pic, said they will begin construction of a new plant in east Germany in the next few months. Holger Lapp, spokesman for BMWRR. said the new plant, which involvesReuter - 200 words
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Page 29 Advertisements
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Advertisement215 1991-06-17 29 1" ECS MARINE AUTOFAX (UK) SERVICES INCLUDES 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for Jjl plppl- FREE Demostratlon Package Cockett Report 2 Container Schedule 17 Daily Fretghts 18 lnde» to Advertisers 3 Shipping Guide 10.11 Ships in Port 17 Singapore215 words
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Page 30 Advertisements
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Advertisement7 1991-06-17 30 Advertising Marketing every Thursday in Business Times7 words
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Page 31 Advertisements
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Advertisement2528 1991-06-17 31 JAROINE SHIPPING AGENCIES 4l|lf# AW Cantonment Road #12 06 Southuomt, Singapore iJAPt \lllfw *****11 lEIEX NO RS 24i?9 IVIIIIAII TERMINAL,CFS Tel 320)218 220 PBflmflyi BOOKINGS Tel *****34 258 A PESAKA lARDINE SHIPPING AGENCIES SON BHO PORT TEL: *****18 TELEX NO MA*****,MA PENANG TEL *****4 TELEX NO MA4ID/3 CFS TEL *****b2,528 words
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Advertisement1282 1991-06-17 31 INDEX I TOMWKTBERS I'iiKf Col I'aise Col I*J I M 1 AIK C'ontjinerlinc 12 1 R Fiwdg 13 1/7 Accord (iroup X 1-3 Mac-NeU Agencies 14 1/2 Vcropak I xpress 9 5 Vtacoline IX 3 •*FS 15 2 Madju Sdn Bhd 15 1/2 Ahrcnkiel liner 16 4 Vlaersk Line 31,282 words
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Advertisement2461 1991-06-17 31 uatmssasam TWO SAILINGS PER WEEK TO OSA SINGAPORE/TACOMA IS DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONG REACH 19 DAYS Vewei Voy ETA I ETO "Port 'Penang i DESTINATIONS Singapore Kelang lf>i» wee* Mareo Maersfc 9106 FeeOer by 18/6 oaoo mhs m Pmto CFS 17/6 2358 MflS OAK LGB HOU MEM2,461 words
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Page 32 Advertisements
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Advertisement1220 1991-06-17 32 Irottedam/| VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE i EXPRESS 03-124 20/6 11/7 9/7 8/7 HANNOVER EXPRESS 03/324 23'6 10/7 12/7 15/7 16/7 .BUMm KATSURAGI 06/125 27/6 13/7 16/7 15/7 ALL WESTBOUND P THAMES 06/325 30/6 17/7 19/7 22/7 23/7 KfUilK A KNANC CARGO LA SEINE 19/126 4/7 25/71,220 words
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Advertisement678 1991-06-17 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 3/7 15/7 17/7 23/7 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA k NUKUAIOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CLX (PERU) SEASPAC I 2304E 3/7 5/8 6/8 9/8 10/8 Agents \t|ff# SIMiAFOHE: *****11 _™L'_ .lai678 words
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Advertisement1538 1991-06-17 32 E«asreB&81& &SWB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/'VOY SIN *LG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9115-3 21/06 12/07 14/07 17/07 18/07 19/07 20/07 21/07 22/07 NORASIA SUSAN 9116-3 28/06 18/07 19/07 22/07 23/07 24/07 25/07 26/07 28/071,538 words
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Page 33 Advertisements
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Advertisement2256 1991-06-17 33 sjsfjgSteamers Maritime Holdings Ltd P&O MTtU STRAITS SHIPPING Containers ftjjgJa Vot No +-Ptn, t-Pkl S port Al| Sou Ant Rot Hbf LED* MAfASA 1101 IS OS 17 04 19 06 04/07 07/07 04 07 10/07 ACCEPTS OUC SAILS CARDIGAN BA» 053? 15, 06 17 04 22,06 09/07 11, 07 13/072,256 words
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Advertisement2358 1991-06-17 33 TO: U.S.AJPANAMA FM: U.S.A./PANAMA VtSSII. VOY SP OA* LCB CRI fD6 SAW WOt NYC VCSCI/VOY WVC NOR SAV CRI LGB OAK V ATLANTIC SENATOR till* J2/t 17/7 l»/7 Tt/1 t/t J/» 4/1 (/I MAaMN a NATO* NA 111 1/5 375 J/5 1075 1575 W/S lt/« dm senator ffiM 24/7 4/«2,358 words
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Advertisement396 1991-06-17 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL I VOY SP pi {"SuC TRANS WTO "SLC "SLD "I 11/( asean man ii isTs I 1 1 COSINC PKNCER "u TTTt IS/o 1 MM ULAM 1 ~V/t T ASIA ftNTURf 7 Hit Hit 1 1 ORANGE MOON U 27/5396 words
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Page 34 Advertisements
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Advertisement591 1991-06-17 34 Hid CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/ VOV I S POtt KOMI ADAM H BURG BREMEN ANTWERP MA I Aft AM 29WS 20/6 22/7 27/7 31/7 3/1 MUM 32K8 IS/7 19 8 25/J 29/1 2/9 KUTIU 23N8 25/1 26/9 1/10 1/10 10'10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED591 words
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Advertisement973 1991-06-17 34 j& i$L 'iM, HANJIN SHIPPING S'porelLEH RTM ANA HAM B«V FEI IfEEDER VSI SIN LINE HAU LGB OAK HANJIN ROTTERDAM 0141* 18 6 6 7 7 8 7 8 7 9 7 10 7 IHANJIN FELIXSTOWE 00M 18/6 DIRECT »/7 11/7 HANJIN KAOHSIUNG 004* ?3 **********13 7 lb 7 16973 words
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Advertisement1362 1991-06-17 34 J -j T j^T3"3"Tl^ I Kl iG HSC KL6 PUS Ml W MOT SM ITO LAI CHS BAI NTCLHV ANN KM THP lOG PSO CM PKL SGP {CRORTHKO32 IVB 21/1 H/S 27/« 2»/« 2/7 4/7 i/ 7 7 7 8/7 J/7 20/7 It 3 1 5814 8 15 116 t1,362 words
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Page 35 Advertisements
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Advertisement2086 1991-06-17 35 NEPTUNE AGENCES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE -*****19 DOCUMENTATION DEPT: *****44/*****14 am AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 m nepune son bho Malaysia K.L.-(03) *****33, P.2,086 words
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Advertisement1057 1991-06-17 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES. *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNP-PgCHMQNC WESTBOUND—LQAWNG TRAWSWPED VW ROrrERDMI «Ei soy |sm |m« j~S<G "ior |m [He fi* fri mm1,057 words
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Advertisement1524 1991-06-17 36 KW f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 M md MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I JL m *JL JL MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD1,524 words
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Advertisement183 1991-06-17 36 Continental Pacific Shipping ar J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK 10A0MG FOR MAR* M Sid In Pt IS/6 ROM ANT/FIU/UK WORLD AMPHION 30/6 SETE .'ROM/ANT/FIU/UR CORONIS H 22/6 29 6 ROM ANT/FLU/UK Loads Sabah Indonesia MULTIPORT AGENCIES (S) /|HK PTE. LTD. V/ TEL: *****77 FAX: *****31183 words
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Advertisement150 1991-06-17 36 \REGULAR CONVENTIONAL SERVICES/ IS pore P Kelang Loading for I WORLD AJAX 30/6 3/7 Atw Rdm UK Nantes IS pore Loading for I GOLDEN FOUNTAIN 18/6 Dubai Dammam Muscat Bahrain! MERCHANT PILOT 17/6 Hodeidah Jeddah/Aqaba I KARINA 27/6 Dubai, Dammam/Bahrain I API ANGAD 3/7 Hodeidah [Spore Loading for SAMMI SUPERSTARS150 words
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Advertisement1175 1991-06-17 36 ym PHILI-ORI€NT LIN€S PT€ LTD 108 ROBINSON ROAO #0/00 GMG BUILDING SINGAPORE 0106 1 TEL *****22/*****69/*****00 TELEX RS 28/20 PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OK SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 JUN MONTREAL. OTTAWA, TORONTO, 21 JUN DUBAI. DAMMAN, SHARJAH.1,175 words
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Page 37 Advertisements
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Advertisement1495 1991-06-17 37 aggPff PACIFIC INTERNATIONAL LINES (PTE) LTD gg Jfc PIL Building, 140 Cecil Street HKXHX), Singapore 0106. [JAKARTA~ 1 1 BANGKOK VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 351 1«/« 21/6 2S/6 KOTA BIN TANG 9118 IS/t 21/8 25/8 EQUATOR MAS 08N 23/6 25/6 30/6 KOTA PAHLAWAN1,495 words
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Advertisement1029 1991-06-17 37 BEN LINE CONTAINERS TrT) 200 Cantonment Road Tel: *****22 #13-05 Southpoint 111 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Setandia' 198 20/6 7/7 8/7 to£7 11/7 BerakJer f 196 2V/61,029 words
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Advertisement415 1991-06-17 37 MYANMA ■Bk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen P.Gdg AVA VIO9W 20/22 Jun 23/24 turn PINYA Vll6* 4/7 My THE BANK LINE (A Mnrlcc of Andrew W«tr Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUXEA I SPORE415 words
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Advertisement738 1991-06-17 40 TO AUSTRALIA/NEW ZEALAND Wl Sm Fr*m IMb js,d |*3ck [nS |P CH/UM I C VfltOlMl 212 14. t 27 t Hit Tit TTI »77 MHKIHN 273 M S J/7 10/7 14/7 20 1 2J/7 2V7 MARTHA U 275 I 12/1 u7i 19 I ?V« 27/1 2»/* fUEN HUWG 71% It/I738 words
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Advertisement1283 1991-06-17 40 EXPORTS TO HONGKONG TAIWAN I iAPAN TYWCE WEEKLY MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG IKT SIN HKG MO KEE TYO SM2 NGO KOB~ VESSEL VOY I SIN |PKL PNG BIW SIN TSK CHORUS 206 *14 6 fjT 116 22 6 25 6 28 6 29 6 2» 301,283 words
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Advertisement1442 1991-06-17 40 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINKR SERVICE 2, MSTRI ROM), HMC BUtDMG TEL: *****00 #15-00, SINGAPORE 0207 TELEX RS ***** CO3HP CR HO: U*****0000M FAX: 22«1MC CABLE: COSTttUNE General Agents: 006 TAR SHIPPING PTE LTD I. ttSSEL/VOY SGP HK iW Bl If) Pit QM VESSEL/VOY SHA XM IPU DAI1,442 words
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Page 41 Advertisements
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Advertisement992 1991-06-17 41 UKC CONVENTIONAL SERVICE Vessel PKI PNG P G. Loadinj for A VESSEL 2t>o6 Rotterdam Antwerp CHIHA FULL COHT AIMER SEW VICE Vessel SGP PKI BKK HKG QM SHA Y4NGE4NGKOU 153 05/7 03/7 09/1 15/7 l»/7 YANGfANGKOU 155 05 8 03/S 09 S 15/8 18/8 •no Kccptnf C|« h> at ttwew992 words
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Advertisement368 1991-06-17 41 ff£ll RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) FAX: *****15/*****03 IfTlj TELEX: RS ***** RISHIP (3 Lines) m\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOADING FOR SPORE ANDiNFT "JIwB 20/07 DARFSSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 26W8368 words
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Advertisement596 1991-06-17 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD EM IT* ETA spore port keiang penang BIUC MUX 5/7 Loading tor Male BUVAI HUOHU 2,7 loading tot Calcutta DOLPHIN JO 6 Loading for Malt PtONEER SUPREME 23/6 21 6 loading For Ma'e DONAKULHt In Pt loaded For Fdiwaru PROGRESS LBERTT 70/6596 words
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Advertisement781 1991-06-17 41 SYDNEY/MELBOURNE BANGKOK 'vessel [voy rraß< sro mo Jkskl |ww WW _HWWK j PIT* BHUM 0905 20-21/6 03 5/7 07 8/7 NANTA BHUM 45N In Pt 17/6 Thur 20/6 PLANET* JO5O 5-6/7 18 20/7 22-24/7 CHAIYA BHUM# 14N In Pt 17/6 Thw 20/6 ***** 20-21/7 02 4/8 06 8/0 UNI INK781 words
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Page 42 Advertisements
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Advertisement1103 1991-06-17 42 S'PORE SSSSSSS PENAN6: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 Ij UK/SCAN/MEP PORTS I COLOMBO/S, AFRICA PFN PK SIN PEN PK S,N Colombo 24/6 25/6 26/6 19/6 20/6 21/6 Ldn/Flx/Rdm/Ant Durban/Pt Loui* ?n/fi ?i/fi1,103 words
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Advertisement118 1991-06-17 42 I SINGAPORE/CHINA DIRECT SERVICE I I S pore Loadbif For I MV XINHENG IN PORT HONGKONG GUANGZHOU MV KAIHENG 29-03 >UL HUANGPU GUANGZHOU MV ANANAS 05-10 JUL HUANGPU GUANGZHOU A VESSEL 05-10 MIL XINGANG DALIAN I I t- ALL VESSELS ALSO ACCEPTING SINGAPORE HONGKONG CARGO I SUBJECT INDUCEMENT Conventional/ LCL/FCL118 words
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Advertisement358 1991-06-17 42 BLUE star line SINGAPORE TO J)) 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 SIN N Pl* AUCK ITT MAHSUftI 0598 K km 7 lul Via NPI 9358 words
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Advertisement1146 1991-06-17 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 'CONVENTIONAL/CONTAINER SERVICES 227»0« (KXittJNO CSjW SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL IVOT In* [PEST VESSEL >QT £TA IKST1,146 words
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Advertisement728 1991-06-17 43 COMPANIA PERUANA VPfi DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. 10* t OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnanf* P KtUn| Srjipore EMm SHAPIAEVER€TT P7/19 Jun KAMAIEVERETT 29/30 lun 01/03 W THOMASEVWETT 13/15 M "EVERETT ORIENT LINE" JAPAN/BAY OF728 words
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Advertisement516 1991-06-17 43 VSL IvOY |S'PORE [MAINLINER LAX «T SAV NYC Hfx m MELBOURI* 2121 l(/« Mi PUSAN 14/7 23/7 26/7 M/ 7 30/7 AM KOPER IK 21/6 M 4 CALKJRNIA 24/7 I/i 5/1 7/8 9/« m KAOHSRJNG 130E 9/7 M CANADA 10/1 l»/« 22/« 24/1 m ALEXANDRIA 67E 12/7 2M CANADA lt/S516 words
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Advertisement618 1991-06-17 43 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA. MUSCAT BAHRAIN. ABU OMABI BANDAR ABBAS (EDOAH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG lAKARTA BANGKOK HONG KONG. TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTINQ FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY. ABEROEEN LE HARVE HAMBURG ROTTEROAM ANTWEP GOTHENBURG. COPENHAGEN618 words
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Advertisement617 1991-06-17 43 I Hi PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 11/91 19/06 22/06 JATIDIRI 937 22/06 25/06 MELITA 13/91 24/06 27/06 JATIDIRI 938 29/06 02/07 DERAJAT 943 02/07 05/07 MELITA 15/91 04/07 07/07 TANTO UTAMA 173 24/06 27/06 TANTO UTAMA 175617 words
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Advertisement393 1991-06-17 43 SIN FM EAST 16/6 KEELUNG/KAOHSIUNG 17/6 BANGKOK 15/6 MANILA/CEBU 15/6 JAKARTA/BELAWAN/SURABAYA 15/6 PORT KELANG/PENANG/E. Malaysia 18/6 BUSAN 16/6 TOKYO/YOKO/KOBE/NGO/OSA 17/6 HONG KONG SjN CHINA 17/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUtOPE/UK 17/6 LDN/FLX/LVP/SOU 17/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SUI USA/CAMADA 20/6 LOS393 words
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Page 44 Advertisements
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Advertisement761 1991-06-17 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T. ANGKUTAN PERTAMBANCAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1712 17 ftJN 20 JUN TAKARI IV 4096 20 KM 22 JUN TAKARI I 1714 24 JUN 26 JUN TAKARI IV 4098 27 JUN 29 JUN761 words
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Advertisement211 1991-06-17 44 yivi PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS SOUTH Santos. Rio Grande. Rio De Janeiro. Fortaleza AMERICA Montevideo (Uruguay). Buenos Aires (Argentina). Chile Brazil all ports LCL/FCL SANTOS. BUENOS AIRES LCL/FCL Colombo VESSEL/VOY ETA SIW RABELAIS V OSPRI 20/6/91 FCL/LCL SERVICE TO SOUTHERN PART211 words
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Advertisement518 1991-06-17 44 SHIPPING CORP. SDN BHDI LlSfc}* PT KLAUS TEL 03 *****06 |i Uw| FU M7NII \ymiJ PEAAM TIL 04 *****1 SKA* TEL 089 *****2 SIM TEL: 064 31M22 TAW AU TEL *****8879 KK TEL 068 *****0 KUCM TEL 012 *****3 MSIA TO USA/CANADA CONTAINER SERVICE 1 feeder I voy I pew518 words
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Advertisement445 1991-06-17 44 conwnv Cf£) PENANG- KL: allied-link SINGAPORE: m 04r*****2 *****8955 778 6522(22 lines) <Sf£s Mario* Onfl Susan Ng/Phillp Km Iran* Chang/Esther Yap PLATOU PACIFIC SHIPPING SERVICES REGULAR FAN EAST N. AMERICA BREAK BULK OWNERS' REP OFFICE TEL: 222(111 SINGAPORE: FAX: *****59 HANSA HANSA RIGA V.028 BREMEN 8.030 SINGAPORE 12/07 04/08 JAKARTA445 words
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Advertisement389 1991-06-17 44 MANILA ETA VIGOUR PACIFIC 39N8 22/6 VIGOUR SINGAPORE 3NB 29/6 BANGKOK 19/6 21/6 BUSAN 18/6 24/6 HONGKONG 24/6 28/6 DURBAN, PT LOUIS 19/6 4/7 KEELUNG 23/6 30/6 USA. 24/6 1/7 PT KELANG 21/6 28/6 KOBE 23/6 30/6 PIRAEUS 20/6 1/7 OSAKA 19/6 26/6 JAKARTA 20/6 21/6 "SURABAYA 21/6 28/6 CHINESE-POLISH389 words
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Page 45 Advertisements
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Advertisement665 1991-06-17 45 MORE FREQUENT FLIGHTS WORLDWIDE jfisZSSZ- NEW ZEALAND/FIJI J VESSEL Jkt P.K| *Pen *Bkk Sin Sbaya Auckland Fiji(A) NPtymouth(A) Timaru Lyttetton(B) Dunedin(B) Napier Ni*iftM(C) Tauranja N Rosano/9114 18/6 20 6 20/6 20 6 22 6 25/6 1/7 31/7 10/7 11/7 12/7 12/7 13/7 13/7 15/7 N Rochester 9115 29/6 1/7 1/7665 words
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Page 45 Miscellaneous
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Miscellaneous332 1991-06-17 45 TIDES AND WEATHER iwjwiii m TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 25 31 33 32 28 2.2 15 10 06 04 0.3 0.5 1.1 1.7 2.1332 words
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Page 46 Advertisements
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Advertisement703 1991-06-17 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKt SW It HAUL VOT LBH OAK St* Lit HAUL VOY I CM/SEA PTL HMG CHUN 126 lt/OS 17/ M 19/06 H. PWCER 41E 15/07 18/07 21/07 HARBOUR BUDGE703 words
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Advertisement238 1991-06-17 46 I Guaranteed HI^S Weekly Consolidations ZZEI To/From USA sc^supping Services: from Singapore HANJIN from USA East Coast NOL from USA West Coast MAERSK LINE Own Offices: Los Angeles, New York, Chicago and Houston Scan-Shipping has filed and maintained the required bond with the FMC. For more information please call: Tel.:238 words
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Advertisement567 1991-06-17 46 ICHARTPOINT Every Saturday in Business Times APPOINTMENTS International Freight Forwarder requires 1. MARKETING EXECUTIVE GCE 'O' or 'A' level Min. 1-2 years experience in cargo canvassing 2. COORDINATOR Customer Services GCE "O" level Min. 1 year experience in a forwarding company Apply with full particulars, photo, salary expected and tel.567 words
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