The Business Times, 20 June 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Thursday, June 20, 1991 75*
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  • NEWS SUMMARY
    • 49 1 JAKARTA Indonesia's ruling party may nominate President Suharto, 70, as its candidate for another term as president beginning in 1993, Berita Kiuuui reported yesterday. "Suharto is not too old to be president again," it quoted Golkar party secretary Rachmat VVitoelar as saying.
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    • 60 1 KUALA LUMPUR Malaysia's trade balance widened to MS 1.143.7 million (5J733.3 million) in March from a deficit of M 5626.9 million in February. The Statistics Department said yesterday that this brought the deficit for the first quarter of 1991 to MS 1,785.1 million against a surplus
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    • 43 1 THE growing use of electron itdata interchange means that the documentary credit system of payment in international trade will eventually have to be modified or a new system created in its place, says an authority in the field. Page 2
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    • 26 1 JAPAN is quietly returning to its former colonies in Asia, reconquering the jewels of the Far East with its mighty trade machine Page 8
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    • 28 1 THE Johor Tenggara Development Authority is privatising its commercial concerns to enable it to concentrate on its original task to develop south-west Johor Page 8
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    • 41 1 The US economic recovery that almost everyone thought would start with a crawl could begin with a dash instead, according to a growing minority of forecasters, including the chairman of the US Federal Reserve Board Page 9
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    • 23 1 BRITAIN will soon emerge from its recession as inflation continues to fall, says Prime Minister John Major. Page 9
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    • 26 1 STUDIES of people who literally get drunk on water may lead to a better understanding of the puzzling mental disease of schizophrenia Page 13
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    • 32 1 SEMBAWANG Shipyard has got the High Court to compel a local shipping firm to scrap a floating dock which Sembawang sold almost t\so \ears ago. Shipping I imes Page I
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  • MARKETS SUMMARY
    • 33 1 WALL STREET stock prices declined broadly early yesterday, ascribed partly to interestrate worries. The Dow Jones average of 30 industrials fell 25.50 points to 2,961.31 in the first hour of trading.
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    • 48 1 A ROW in the Conservative Party at a time when it is trailing the opposition in the opinion polls hit sentiment and sent share prices in London sharply lower at midday yesterday. By 1130 GMT, the FTSE 100 Share Index was down 19.7 points at 2.496.3.
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    • 28 1 PARKWAY Holdings and Yeo Hiap Seng, two Singapore listed companies with investments in the US state ot Maryland. will expand their activities further there Page 3
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    • 41 1 SIR Ron Brierley. the corporate raider who built a tearsome reputation in Australasia in the 1960s as well as 1970s as the king of the company takeover, is making a comeback with a new investment vehicle Page 4
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    • 42 1 AMERICA'S senior banking regulator will call for USSBO billion (SSI43 billion) to keep the costly savings and loan bailout going into next year and will also seek an overhaul of the way the rescue is managed Page 6
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 729.36 -5.01 Kuala Lumpur .628.04 -2.19 Tok>o 23.996.75 -688.72 Hongkong 3.626.13 -13.02 Ssiinev 1.518.3. +15.5 Tuesday Change New York 2.986.81 -7.15 London 2.516.0 -8.0
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    • 22 1 Exchange rates USS ss 1.7915 100 Yen SS 1.2706 MS SS 0.6415 Money market rates 0\emight una\ 3-month 5 I3/I6"<i> -1/16
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    • 40 1 London Gold AM fix USS367.30 -USS0.70 Rubber S pore JuK l49.25'/kg +0.25 M'sia July 234.<X>«/kg unch KL Tin Turnover 35 tonnes -9 Spot MS 15.65 /kg -0 07 Crude palm oil Turnover 1.604 lots -199 JuK MS76X /tonne +2
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  • 444 1  -  Both top their respective categories in latest world rankings By Kenneth James JAPAN is still the most competitive by far of 24 major industrialised nations while Singapore remains the clear leader among 10 "newly industrialised economies", according to the latest World Competitiveness Report released
    Source: The World Competitiveness Report 1991  -  444 words
  • 373 1  -  Survey team also going to 7 other Asian nations From Koichi Ishiyama in TOKYO JAPAN is planning to send a survey mission to Singapore and seven other Asian nations this November to look into ways to bolster their financial markets. The mission will be
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  • 249 1 REGIONAL MARKETS took the lead from Tokyo's 68K-point plunge yesterday and closed lower across the board. The Nikkei index fell from the outset to 23.996.75. The sharp drop was due to disappointment that a discount rate cut will not take place after Tuesday's strong GNP
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  • 265 1 Reuter JAKARTA Indonesia's ethnic Chinese may have to be forced by law to help small-scale businesses if they do not do it by themselves, a leading businessman and relative of President Suharto said yesterday. Ethnic Chinese dominate the economy even though
    Reuter  -  265 words
  • 115 1 Reuter WASHINGTON lilt' i s trade deficit jumped an unexpected 17.4 per cent in Vpril to I SS4.7H billion (SSN.S6 billion) after two straight months of decline, the Commerce Department said yesterday. I lie rise in the deficit rc- flected an increase in imports,
    Reuter  -  115 words
  • 201 1  -  By Claire Leow CSA HOLDINGS is expected to announce today its public offer of 43.5 million shares, or about 40 per cent of its enlarged capital, for about $0.80 a piece. Forty million are new shares and 3.5 million are vendor shares, each with
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  • 377 1  -  By Elaine Koh A REPORT by the Select Committee on three professional Bills Architects. Professional Engineers and Land Surveyors has finetuned aspects largely relating to ownership and control of corporatised practices. In addition, the report has paved the way for compulsory indemnity,
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  • Page 1 Advertisements
    • 294 1 Cassette Receiver KI FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone. 235 1333 Kuala lumper Phone 757 0233 Penang Phone 615 985/619 014 Jakarta: Phone 374 085/380 14/2 Ad Marketing 14 Money Changer Rates 25 Weather 25 Aircraft Schedule 25 Money Market 23 World News 9 Commodities 24 Regional
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    • 18 1 Japan's GNP growth hits 18-\ear high, Pg 9 I S recession ma> have ended. sa>s Greenspan. I*k 9
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    • 120 1 I Kodenstoch 10 002 Analysis, Pg 11 PUB to invest $5b in next five years, Pg 2 BRUNO MAGLI <j|jU B MY BRUNO MAGLI COLLECTION Sole Ajjenl: Marlex Marketing Pie Ltd Tel 734 9696 Fax: 737 6892 Boutiques: Centfepoint #01-30 Tel: 737 4509 Forum Galleria #01-46 Tel: 732 8961 Open
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  • HOME NEWS
    • NEWS ROUNDUP
      • 73 2 THE Director-General. Tax. of Indonesia's department of finance will visit Singapore today. Drs Mar'ie Muhammad is here for a four-day visit at the invitation of Mr Ngiam Tong Dow. permanent secretary of the Finance Ministry (revenue division). Drs Mar'ie will call on the Finance Minister Dr
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      • 112 2 A DIALOGUE session on the transferability of Certificates of Entitlement (COEs) will be held on Saturday, July 13, at the Ministry of Community Development Building. Organised by the Feedback Unit and the Government Parliamentary Committee (GPC) for Communications, the session will be chaired by S Chandra
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      • 101 2 BUSINESS success will increasingly depend on how information is managed, said Ho Kah Leong. senior parliamentary secretary (information and the arts). Speaking during the opening of a seminar on information and image management yesterday, Mr Ho said that information is considered as important a factor of production as
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      • 81 2 THE Singapore Blood Transfusion Service will hold its annual presentation of awards for champion blood donors today. A total of 144 champion donors will receive awards this year. Among the 130 male donors, three made their 100 th donation last year. The number of female donors
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    • 471 2  -  By Lilian Ang THE Public Utilities Board (PUB) will spend S5 billion over the next five years to develop infrastructural facilities to meet the needs of commercial and industrial projects now in the pipeline. The five-year rolling programme works
      Source: PUB añual report (1990)  -  471 words
    • 212 2 THE growing use of electronic data interchange (EDI) means that the documentary credit system of payment in international trade will eventually have to be modified or a new system created in its place, says a retired banker and authority in the field. This matter, said
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    • 303 2  -  By Teh Hooi Ling YAOHAN BEST, the electrical company which already has three outlets in Singapore, is opening a new store at the International Merchandise Mart (IMM) today. Catering primarily to corporate clients, the 15.000 sq ft store will stock a wide range
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    • 325 2  -  By Michelle Low THE European Community, eyeing Asean's healthy markets. hopes to see more joint ventures with European companies. Under its European Community Investment Partners (ECIP) scheme, some joint ventures between local and European companies are already under negotiation. Other companies have expressed an
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 445 3  -  New medical mart and warehouse building on the cards By Carolyn Lim TWO Singapore listed companies with investments in the State of Maryland, Parkway Holdings and Yeo Hiap Seng (YHS), will be expanding their activities there. Property-based Parkway's managing director, Tony Tan,
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    • 314 3 UNFAZED by the soft aviation market, national carrier Singapore Airlines is set to expand its capacity this year. The latest issue of SlA's in-house magazine, Outlook, quoted managing director Cheong Choong Kong as saying that the carrier will increase its passenger capacity by
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    • 402 3  -  By Sylvia Wong C K TANG Ltd performed above analysts' expectations in its core retail business, but its group earnings stagnated because of the decline in tourist arrivals, especially from Japan. For the financial year ended 31 March, 1991. Ck Tang's group profit
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    • 264 3  -  By Dexter Lee SINGAPORE AEROSPAC E will soon be tying up with French aeronautics giant Societe Nationale d'Etude et de Construction de Moteurs d'Aviation (Snecma) to set up a 50-50 joint venture in Singapore. Yesterday, Singapore Aerospace Systems (SAS) and Messier-Bugatti,
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    • 145 3 Bernama KUALA LUMPUR Golden Hope Plantations Berhad, formerly Harrison Malaysian Plantations Bhd, recorded a 34 per cent decline in its group pre-tax profit to M 565.66 million (5542.10 million) for the year ended March 31, against M 599.30 million a year earlier. Group turnover fell
      Bernama  -  145 words
    • 399 3 KUALA LUMPUR In a major restructuring move. Pan Malaysia Rubber Industries (PMRI) will sell its 50 per cent stake in Pan Malaysia Cement Works Singapore (PMCWS) to fast food operator Innovest Bhd via a share swap. The move will make PMRI, a member of
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    • COMPANY BRIEFS
      • 39 3 FRASER NEAVE has appointed lan Alastair Mac Lean as an alternate director to Dato Dr Yahya Ismail. Mr Mac Lean has been F-&N s group general manager for corporate serv ices since 1984.
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      • 70 3 GENERAL MAGNETICS Ltd has established a whollyowned subsidiary in Germany. The principal activities of General Magnetics GmbH, incorporated in Bremen, were listed as the manufacture, sale and purchase of audio/video equipment and spare parts. The company has a paid-up capital of DM50.000. registered in the
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      • 43 3 SUMMA Investments has appointed Edwin Soeryadjaya and Marcel Tjia Han Liong as company directors. Oey Se-Khay has resigned as director, and Greg Sirois. who is alternate director to Mr Oey, has also ceased to be a director of the company.
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      • 80 3 OVERSEAS Union Bank announced yesterday that the number ot OUB warrants held by foreigners must not exceed 12.28 million, or 40 per cent of the total number of warrants issued by the bank. Up to June 14. the number of warrants held or controlled by
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      • 32 3 TRANSMARCO has formed an audit committee pursuant to the Companies Act. The committee chairman will be Chan U Seek and the members arc Jackson Lee and Lee Khoon Choy.
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      • 26 3 KUALA LUMPUR Kesang Corporation has appointed Bank of New York in New York as its depositary bank for its American Depositary Receipts.
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    • 248 3  -  By Genevieve Cua A SUBSIDIARY of GP Batteries International (GPBI) has entered into a licensing agreement with a US-based firm that enables it to produce and market environmentally friendly, high capacity batteries in Asia. Through the agreement, Sylva Industries will gain access to the
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  • Page 3 Advertisements

  • REGIONAL COMPANY NEWS
    • 686 4  -  UK-listed GPG to be his new investment vehicle From Selwyn Parker in AUCKLAND SIR RON Brierley. the corporate raider who built a fearsome reputation in Australasia in the 1960s and 70s as the king of the company takeover, is making a comeback with a new
      686 words
    • 315 4 JAKARTA Indonesia's timber groups, which aim to secure adequate supplies of raw materials for the wood processing industry' in the future. have the potential of boosting bilateral cooperation in the field of forestry with New Zealand. The Jakarta Post reported over the
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    • COMPANY BRIEFS
      • 158 4 SYDNEY Kerry Packer's Consolidated Press Holdings Ltd is trying to raise about AS24O million (***** million) by selling almost half its 48 per cent stake in Australian National I Industries Ltd to institutions, newspaper reports said. The Australian Financial Review said the ANI shares, representing
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      • 98 4 BANGKOK Jewellery and property concern Quality Color Co plans to apply for listing on the Stock Excange of Thailand by the end of this year, as part of its recapitalisation from 13 million baht (SS900.000) to 200 million baht. reports The Nation. According to the
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      • 68 4 SEOUL South Korea's Samsung Electronics Company will has started recalling for repair some 4().(KH> defective i colour television sets exported to Japan from October 1988 j to June 1989. Samsung announced here yesterday. Samsung said that the recall service, being done for the first time by
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      • 52 4 TOKYO Japanese steelmaker NKK Corp has received an II billion yen (SSI4O million) order for an electric galvanising line from I hai oated Steel Sheet C o of Thailand. an NKK spokesman said. The buyer is a subsidiary of Thailand's Sahaviriya Steel Industries Co.
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    • 310 4  -  By Quak Hiang Whai SINGAPORE Lippo Pacific Finance (LPF), a member of the Indonesian conglomerate, Lippo Group, has reported a net income of Rp3.6 billion (553.4 million) for its operations last year, a jump of 57 per cent from 1989. The company
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    • 254 4 Reuter TAIPEI The former president of Taiwan's largest underground bank was sentenced to five years and six months in prison on Tuesday for illegally accepting some NT$96 billion (S$6J billion) from depositors. Yu Yung-ming, 45, who ran the huge Hung
      Reuter  -  254 words
  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 451 5 AP NEW YORK. IBM will make a major investment in >■ troubled computer maker Wang Laboratories Inc. and both will share research and development of certain products. the two companies said on Tuesday. Under the agreement. Wang will also resell certain computers
      AP  -  451 words
    • 187 5 AFP Reuter IVREA, Italy Olivetti Co expects turnover in the first half of the year to fall between five and six per cent due to sluggish demand in the European computer market, Olivetti chairman Carlo De Benedetti said at Tuesday's annual meeting. He
      AFP; Reuter  -  187 words
    • 438 5 FT LONDON Western exporters, in particular US computer and electronics companies, are mulling over the implications of last month's wide-ranging relaxation of controls on sales of high-tech goods to the Soviet Union and its former allies. Initial reactions by US companies have
      FT  -  438 words
    • 328 5 FT LONDON Credit Lyonnais of Krance has accused Mr Giancarlo Parretti, the controversial Italian financier. of mismanagement and questionable dealings with foreign groups in a US court action launched on Monday. As a result, Mr Parretti may be barred from the board room
      FT  -  328 words
    • COMPANY BRIEFS
      • 64 5 COLOGNE Bayer AG said its group pre-tax profit fell 4 per cent in the first five months of 1991 from the same 1990 period, but it gave no figures. Group sales rose one per cent to Dm 18.42 billion (5518.2 billion) in the
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      • 87 5 ATLANTIC CITY, New Jersey Investor Carl Icahn. who owns about 23 per cent of the outstanding junk bonds of Donald Trump's Taj Mahal casino, will vote to back the debt restructuring plan for the property, a lawyer for Mr Icahn said. Mr Icahn owns U*****.9 million
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      • 79 5 LONDON Maxwell Satellite Communications Ltd (MSC) and Visage Productions Ltd have agreed on a joint venture to provide private corporate television channels. The firms said the deal was a first in Europe, providing for an exclusive marketing, production and broadcasting agreement to create internal TV
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      • 55 5 MINNEAPOLIS Alliant Techsystems Inc said it signed agreements with four European partners covering marketing and sharing of technology. Alliant said it signed with Giat Industries in France a three year memorandum of understanding for the two companies to cooperate in research, development, production and marketing of
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    • 276 5 Reuter LONDON Supermarket giant J Sainsbury pic's £489 million (551.407 million) cash call to help finance its store opening programmme led to short-term selling of its shares but analysts see strong demand when the new shares are issued. The
      Reuter  -  276 words
  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • 513 6 FDIC chief also wants revamp of rescue effort NYT WASHINGTON America's senior banking regulator will call for US$BO billion (*****.16 billion) to keep the costly savings and loan bailout going into next year and will also seek an overhaul of the way the rescue
      NYT  -  513 words
    • 281 6 AP DENVER A federal judge on Tuesday approved the USS49 million (5587.68 million) settlement negotiated between the failed Silverado Banking, Savings and Loan Association and the Federal Deposit Insurance Corp. US District Judge Sherman Finesilver accepted the settlement announced late last month. Under the
      AP  -  281 words
    • 279 6 UPI WASHINGTON Top executives at a New York bank looted their institution of millions of dollars and cooked the books to hide the scam, the Securities and Exchange Commission said in court papers filed on Tuesday. The SEC said officials at Capitalbanc Corp
      UPI  -  279 words
    • SMALL CHANGE
      • 96 6 TELERATE said its system integration subsidiary, FXD/Telerate, is negotiating with Lotus Development Corp to distribute a real time spreadsheet package. The package, Lotus Realtime, allows financial professionals to perform technical analysis with real time data fed from Telerate and other vendors. "In addition to
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      • 88 6 WASHINGTON Nicholas Brady, US Treasury Secretary, has sought to step up pressure on Congress to pass comprehensive banking legislation this year, warning that such a Bill is necessary to avoid the risk of a taxpayer bailout of the industry. He was speaking on the eve of
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      • 63 6 SYDNEY The State Bank of New South Wales (NSW) said it hopes to launch a Asl.s billion (552.04 billion) global medium-term note programme within the next four months. A spokeswoman said the programme would allow the bank to issue notes and exchangeable bonds with maturities ranging
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      • 50 6 TOKYO Japan's third largest brokerage, Nikko Securities, has reported consolidated pre-tax profits plunged 71 per cent to 80.96 billion yen (551.03 billion) in fiscal 1990. Net profits were down 66 per cent to 43.81 billion yen, and operating revenues sank 32 per cent to 495.89 billion yen.
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      • 80 6 TOKYO The worldwide fund shortage on a current account basis may reach US$3O billion (5553.59 billion) in 1991 amid the ever-growing need for capital, especially in the Soviet Union and East European countries, a leading Japanese think-tank said on Tuesday. The Japan Centre for International Finance,
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  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 79 8 MANILA The Asian Development Bank has approved a US$53 million (5594.9 million) loan to Malaysia to finance an industrial technology development project. The Manilabased bank said yesterday that the loan, approved on Tuesday, would fund an innovative project aimed at strengthening research and development
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      • 93 8 OTTAWA Canada has announced it will open a diplomatic office in Vietnam on July 1 to encourage continuing reforms, improve trade and participate more closely in the Cambodian peace process. Canada has had diplomatic relations with Vietnam since 1976 but maintained relations through its Bangkok
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      • 99 8 HANOI Some 5,400 Vietnamese workers are due to fly home from Bulgaria this month in a move by Hanoi to bring tens of thousands of its people back from Eastern Europe and the Soviet Union. Nhan Dan. the communist party newspaper, reported yesterday: "Many difficulties,
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      • 74 8 KUALA LUMPUR Malaysia's industrial production index rose 11.7 per cent to 174.8 in the first four months of this year from 156.5 in the same period last year. The Statistics Department announced on Tuesday that all three main divisions mining, manufacturing and electricity reflected this
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      • 89 8 CANBERRA Australia has expressed "strong concern" to the US over Washington's offer to subsidise sales of 100.000 tonnes of wheat to Kuwait. Officials said yesterday that Australian exporters feared they would be shut out of a traditional market in Kuwait and that prices would fall
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      • 127 8 FLORENCE Aids will explode in Asia over the next fewyears infecting more people there than in the whole of the industrialised West, said an expert attending the seventh international Aids conference on Tuesday. Experts said Aids was spreading quickly in South and South-east Asia because
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    • 587 8 Trade surplus with Asian nations still growing Reuter HONGKONG Japan is quietly returning to its former colonies in Asia, and this time it is armed only with money and is usually welcomed with open arms. Ever so softly, Tokyo has moved to reconquer
      Reuter  -  587 words
    • 477 8 PHUKET Phuket was not cushioned from the effects of the sharp slump in tourist arrivals caused by the Gulf War, with business down by as much as 60 per cent in the first five months of this year. Many businesses on the southern
      477 words
    • 247 8 AP OLONGAPO, the Philippines Uncertainty over the future of US military bases and the devastation of Mount Pinatubo may mean the party's over in the US Navy's fun capital of the Pacific. Last week's eruptions of Mount Pinatubo dumped tonnes of
      AP  -  247 words
    • 401 8 Reuter CANBERRA Australia's Labor government rejected a major mining project on Tuesday because aborigines said it would waken an underground god and lead to mass destruction. "There is no doubt aborigines believe that to allow mining at Coronation Hill would be a
      Reuter  -  401 words
    • 339 8 MBT JOHOR BARU The Johor Tenggara Development Authority (Kejora) is privatising its commercial concerns to enable it to concentrate on its original task of developing south-west Johor. The authority's board decided on Monday to seek private partners to jointly run some Ms2oo million
      MBT  -  339 words
  • Page 8 Advertisements
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  • THE WORLD
    • 526 9 Fed chief sees no definite data on economic growth NYT WASHINGTON The chairman of the US Federal Reserve Board has said that the recession may already have ended but no measurable expansion of the American economy has yet begun. "Clearly we have data
      NYT  -  526 words
    • 515 9 NYT NEW YORK The US economic recovery that almost everyone thought would start with a crawl could begin with a dash instead, according to a growing minority of forecasters, including Alan Greenspan, chairman of the US Federal Reserve Board. But a fast start which
      NYT; Source: The New York Times  -  515 words
    • 324 9 AFP TOKYO Japan's economy grew at its fastest rate in 18 years in the March quarter as export-led external factors exceeded domestic demand for the second quarter in a row. "Our economy is just booming," a senior Economic Planning Agency official said on Tuesday,
      AFP  -  324 words
    • 288 9 AFP LONDON Britain will soon emerge from its recession as inflation continues to fall, Prime Minister John Major said in an interview with the Daily Telegraph published yesterday. Mr Major, under pressure from the opposition parties in the opinion polls, said
      AFP  -  288 words
    • 534 9 AP MOSCOW Soviet President Mikhail Gorbachev promises reforms designed to attract Western capital, but his communist government continues to resist private ownership and outside investment, foreign businessmen and diplomats say. The gap between Kremlin words and deeds, and Gorbachev's reluctance
      AP  -  534 words
    • WORLD WATCH
      • 106 9 BEIJING Chinese authorities, anxious to pare crippling state subsidies, plan to raise rents for most of the nation's billion people by the end of the year. Chen Jinhua, the Minister of the State Commission for Restructuring the Economy, said on Tuesday
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      • 118 9 WASHINGTON Visiting President Fernando Collor de Mello has said Brazil will start talks on repaying its debts to commercial banks soon, but has asked for greater international cooperation with his debt-ridden country. Mr Collor hailed a Brazilian Senate committee vote on Tuesday approving a
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      • 135 9 WASHINGTON The Bush administration is prepared to lift sanctions on South Africa as early as next month, and remaining barriers to the action are little more than a formality, congressional sources said on Tuesday. Two senior Republican officials, speaking on condition of anonymity, said
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      • 95 9 MOSCOW Due to a shortage of hard currency, the Soviet government will continue to require Soviet companies to pay the government 40 per cent of all their hard-currency income. T V Teodorovisch, director general of the Ministry of External Economic Affairs, told the Japanese daily Asahi
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      • 141 9 TAIPEI Economic authorities are to soon adopt a system to monitor trading activities between Taiwan and China in order to protect the local economy. A Board of Foreign Trade (BOFT) official said yesterday that the system, being designed by the Chung Hwa Institute for Economic Research
        141 words
      • 83 9 WASHINGTON A Bill to give computer semiconductor chips international protection against copying was approved on Tuesday by the judiciary committee of the US House of Representatives. The Bill would authorise the US to seek agreements with other countries for protection against copying or piracy of
        83 words
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  • 474 10 EDITORIAL SINGAPORE'S financial sector, argue some people, is over-regulated and overprotected. But Finance Minister Richard Hu does not think so, and he explained why in a luncheon speech to the Foreign Correspondents Association on Tuesday. His argument was persuasive. What other explanation could there be for
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  • WHAT THE OTHERS SAY
    • 244 10 DEMOCRATIC and secular India has found some breathing space, what with election results indicating that the Congress (I) will be the largest party in the Indian Parliament, though without a majority. For a secular democracy, after all, was the ultimate theme of this election, in which
      244 words
    • 155 10 INDIA is facing a tough time ahead. The Congress (I) party of the late Rajiv Gandhi emerged as winner but without a clear majority that can allow it to form a strong government. Congress (I) leaders confidently declared they would form the next government but admitted they
      155 words
    • 127 10 WESTERN countries want Boris Yeltsin to win the presidency of the Russian republic. But his winning does not mean the end of the Soviet Union's 70 years of communist rule. Therefore, whether it should be Soviet President Mikhail Gorbachev's gradual reforms or Mr Yeltsin's 500-day reforms,
      127 words
  • REGIONAL VIEWPOINTS
    • 194 10 THE 10-year Second Outline Perspective Plan (OPP2) and the National Development Policy should smother the fears of all communities as regards their communal interest and the direction the country is headed for. Rather than fan communal jealousies, the OPP2 provides a pragmatic, typically far-sighted blueprint for unified
      194 words
    • 121 10 BY HANDING Boris Yeltsin the presidency of their republic, the Russians have proved as quick as anyone in throwing out the communists. The major question is whether President Mikhail Gorbachev can launch meaningful reforms in time to save the world's biggest country. Democracy and freedom
      121 words
    • 160 10 THE issue of the US military bases illustrates the limits of the Philippine authorities, who in the past few years have shown an apparent willingness to sacrifice one of the country's prime sources of foreign exchange in pursuit of the intangible goal of national pride. And Mount
      160 words
  • 727 10  -  Europe's progress towards unification has left the Swiss feeling puzzled and lost. Richard Smith reports Richard Smith IHT SWITZERLAND, watching warily as Europe gropes towards unity, is in the throes of a national identity crisis as it struggles to decide what is happening
    IHT  -  727 words
  • Page 10 Advertisements
    • 369 10 PITO (Private Investment and Trade Opportunities) has an office in each ASEAN nation to increase the business ties between the U.S. and Southeast Asia. PITO provides an international infrastructure and support system to business on both sides of the Pacific Ocean. One of the major objectives of PITO is to
      369 words
  • Page 10 Miscellaneous
    • 81 10 DOONESBURY BY GARRY TRUDEAU KXJ MM, ONt OF MYFAVORJTt THB BMIR DISBANDBP THB PARLLA AND UIHBN POP? bROTS TO COMB TO BB fiLONt MTH MtHTA TtW YBARS BACK, BUT ij! 1W (MMMtM /UAH m TWU6HTE> IS TUB OLP THB V/MBS ARB A'CHANON' ANP ALLAH BXPBCT TO HAVB MILLING, riIMAITI PARLIAMENT
      81 words

  • ANALYSIS
    • 1056 11  -  The results of the Indian polls signal an end to one-party dominance in India and the people's wish for moderation. ISalu Tripathi reports Salil Tripathi ONCE again, no political party has obtained a governable majority in the recently-concluded Indian elections. But the
      1,056 words
    • 1055 11  -  The World Competitiveness Report gives an unflinching look at a country's weaknesses as much as its strengths. The balance-sheet approach permeates more than 350 pages of statistics, analysis and comments. BT's Economics Correspondent Kenneth James reports Kenneth James COMPANIES keep balance sheets, so why
      Source: The World Compstiveness Report 1991  -  1,055 words
    • 585 11 THE insights of successful leaders are eagerly sought after. In a recent book, former US President Richard Nixon comments that had Lee Kuan Yew and General Douglas Mac Arthur engaged in conversation, he would have given anything to be a fly on the
      585 words
  • Page 11 Advertisements
    • 317 11 With BmSMSng Trnd® Pmff<s>mll©in@ll® Buro9l An interest in advanced technology V one in intelligent offices and the other in intelligent buildings. For the corporate executive whose concern is in upgrading white-collar productivity and maintaining competitiveness. AP Buro9i is an intelligent office showcase of office automation and telecommunication technologies that put
      317 words

  • Page 12 Advertisements
    • 195 12 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      195 words
    • 313 12 ■II *****11 l II PLUM'S *****1111 l illllllllll SEAFOOD EXTRAVAGANZA June 14th 30th 1991 The ocean's catches are yours for the picking at Plum's. From clams to crabs, from squid to scallops, the choices are endless. In addition, there are even double return air tickets with accommodation at our sister
      313 words
    • 257 12 KARAOKE WITH THE WHOLE OFFICE! That's right! You can now hold your office functions at Singsation's biggest private room the Corporate Hall. With a seating capacity of 60 persons, there's no reason why anybody should be left out of the party! 'Jan usasd member and enjoy specidi privileges PLAZA HOTEL
      257 words
    • 179 12 9 wA That s our prediction tor you when you step into the Kasbah as r lve bands take you down memory lane with golden hits and evergreens. Evety night is nostalgia night. You'll be mesmerized if 'erk, ity. 9pm Jam Wert,**, 9pm —Um "(fr,, ■V«W *«w Stm. ami puhi*
      179 words
  • Page 12 Miscellaneous
    • 699 12 TELEVISION AND RADIO war 830 2M.'Mry: business ON BAPIO y XXkjXX It XCVi--iCV VY 7°o AM CNN International (L). looks at "Animal Revenge" gOO News(M) BBC, 89.9 mHz in VHF Band II pl?^ a. I* 4 wha < hw™ whcn a 6!30 With The Quran. 7.10 am, 9.25 am, 1.30pm,
      699 words

  • LIFESTYLE
    • 444 13  -  Nirmal Ghosh on the Malayan Nature Society's planned metamorphosis Nirmal Ghosh THE MALAYAN Nature Society, originally a branch of a Kua-la-Lumpur based organisation, has been growing in popularity for a number of years. It made a major contribution to Singapore in 1990 with its
      444 words
    • 298 13  -  Jon Ferry on a newly discovered addiction water Jon Ferry Reuter Studies of people who literally get drunk on water may lead to a better understanding of the puzzling mental disease of schizophrenia. A team of Canadian doctors said on Tuesday that some people are addicted
      Reuter  -  298 words
    • 285 13  -  By Yeep Wai Ban THE local theatre scene got yet another corporate boost yesterday i when scholarships were awarded to two up-and--1 coming drama talents. After concluding that local talent was just too good to ignore, the British-American Tobacco Company (S) Limited decided to
      285 words
    • 378 13 CHAIIiRBCDtI OFFICIALS have a new idea to raise money for the restoration of a 15th-century church put a billboard on its steeple. The Arnhem Church Restoration Committee says it will give advertising space on the 95 m steeple of St Eusebius Church to
      378 words
    • 302 13  -  By Jennifer Lien RENOWNED Canadian ballet company, Les Grands Ballets Canadiens, is back in Singapore from today to Saturday, not only to enthrall audiences, but also to give some handicapped children a chance to enjoy the magic of dance. The 33-vear-old company, which
      302 words
  • Page 13 Advertisements
    • 258 13 AND ENTERTAIN There's No Beefing About It. From 1 June to 30 June 1991 -1 ?v. Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad.
      258 words
    • 192 13 mPClffl) CONFERENCE I \jf 1 I Theme: PC's The Next Generation H i I Venue: World Trade Centre Hall 4 H Mezzanine Floor (Singapore) H l t Date :27■ 28 June 1991 H Highlights of the events include: KEYNOTE ADDRESS on the main directions of the PC's in the 90's
      192 words

  • ADVERTISING AND MARKETING
    • 1112 14  -  Rising affluence in Singapore ensures that tnere is more money to be spent on fewer children. Bants, fast-food chains and clothing suppliers have recognised this by providing a wide range of goods and services for the kids market. Sylvia Wong reports Sylvia Wong WITH
      1,112 words
    • 283 14 LINTASiWORLDWIDE, the eighth largest advertising agency in the world, has been restructured into three zones: the Americas, Asia/Pacific and Europe/Africa. Kenneth L Robbins, chairman and chief executive officer of Lintas, said the restructuring was done "in order to meet the demands of the increased globalisation
      283 words
    • 690 14  -  Prestigious Japanese store Mitsukoshi is setting up shop in one of the world's most fashionable retail districts. Stephanie Strom reports on the store with the deep pockets Stephanie Strom NYT Mitsukoshi, Japan's oldest and most prestigious department store, plans to open its doors in 1993 in
      NYT  -  690 words
    • 145 14 NEW YORK The second ceremony for the 1991 Clio Awards for advertising was cancelled on Monday, just hours before the event was scheduled to begin at the New York State Theatre The cancellation, announced by the Clio Awards organisation, was the first that anyone could recall in the
      145 words
  • Page 14 Advertisements
    • 97 14 To find out just how little space our Mmol To g«> into the long and short ot i 4 i protrude lx*yond the machine. Liking up it, our FPSKX) copier is just (i9omm i i more space, this compaa copier has 3 x (Vtfmm B< Hh dimensions are as you
      97 words

  • SPORTS
    • 477 15 AP WIMBLEDON Stefan Edberg and John McEnroe, who have five Wimbledon championships between them, have relatively clear paths to a fourth-round clash this year. The draw on Tuesday left the 16th-seeded McEnroe, a three-time champion who lost in the first round last year, with
      AP  -  477 words
    • SIDE LINES
      • 71 15 CHASKA, Minnesota Although the US Golf Association is considering modifications to the US Open, it plans to keep the 18-hole playoff. Payne Stewart beat Scott Simpson by two strokes in a playoff on Monday, the third Open playoff in four years and the 30th in 91 Opens.
        71 words
      • 67 15 LONDON ST ANDREWS, Scotland Ten former British Open champions will attempt to repeat their success in golfs oldest professional tournament at Royal Birkdale, England, next month. Title-holder Nick Faldo, Sandy Lyle, Severiano Ballesteros, Mark Calcavecchia, Jack Nicklaus, Greg Norman, Gary Player, Lee Trevino, Tom Watson and Tom
        67 words
      • 92 15 EASTBOURNE, England Martina Navratilova did not lose a game to Laura Golarsa as she led the top four seeds into the third round of a women's grass-court tennis tournament on Tuesday. Navratilova, who needed just 34 minutes to win her first-round match on Monday, took 41 minutes
        92 words
  • Page 15 Advertisements
    • 1325 15 Q Aktiengesellschatt ln»nrtioiy Bond Consolidated Balance Sheet condensed at 31st December 1990 with comparative figures Rolf Dtel OusMtdort Cnarman Dipl -Kfm Uwe Ptucinski DresOner Bank AG Hamburg Assets Liabilities Helmut Kahler DrsMner Bar* AG Deputy Ch«*m«n Professor Dr rer pol Dr h C mult P'otesaa of Business Economics at the
      1,325 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5011 16  -  By Magdalene Ng TOKYO'S 688-point plunge yesterday drove down share prices in regional stock markets as hopes for short-term interest rate cuts dimmed on strong first-quarter economic growth in Japan. Singapore share prices fell across the board from the outset, with the Straits
      5,011 words

  • 4054 17 Main Board GE Lite I4HO 10 tO.7% NatSleel 1080 HO »-0.9% DBS Rts I 310 -8 *2 6% FELS50* 705 *-5 >(1.7% 1>PP25* 50': 5 11.0% PCI 50* 180 i-3 +1.7% Tiger Balm 20* 170 1-3 +1.8% Causewa> Ml* 90 +-3 *-3.4% Inchcape 448 <-2
    4,054 words

  • BT SHARE INFORMATION SERVICE
    • 552 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Innovest Bhd Jun 13 Dec 90 M$9 950L(J17 465L) MAA Jun 13 Dec 90 M$2.088($702) 4 5(1 5) town City Jun 13 Dec 90 $174L($315L) Causeway Inv Jun 12 Dec 90
      552 words
    • 241 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Ha. Sun Hup Jun 18 Mar 91 $23.836($17.429) 12.3(9 2) 10TE(10TE) QAF Ltd Jun 18 Mar 91 $4.207($4 989) 0.4(1.0) —(1 5) The H Glass Jun 17 Mar 91 $9241 ($10,936)
      241 words
    • 176 18 INTERIM RESULTS Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Avimo Jun 14 Mar 91 $1,541(51,571) 5TE(75TE) Samanda Hldgs Jun 14 Mar 91 M$5,558($4,997) Pacific Can Jun 3 Mar 91 $30($68L) Van der Horst Jun 3 Var 91 $1,517(SI 836) Kl Kepong May 31
      176 words
    • 336 18 June 18 fhe Stock Exchange of Singapore is expected to come out with a set of rules for covered warrants on locally-listed companies Computer Systems Advisers, SAL Industrial Leasing, Singapore Electronic Engineering Ltd and Singapore Automotive Engineering are seeking a listing on the main board while San Teh
      336 words
    • 995 18 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 101TE Amcol 25c 10% Jul 5 Jul 17 Jul 31 10% 10% AMfP NYA(e) Jun 19 Jul 4 Aug 15 NYA 28c A««no 20c
      995 words
    • 809 18 Main Board Last Full Year Company Period Date Year Net EPS Gross Net announced endinf (cents) dlv profit last year (1000) Cerebos Interim Apr 27 Jul 91 126 20 0TE(a) 38 911 Spore Land Interim May 4 Dec 91 126 10 0 44 641(g) Asia Pacific Interim Jun
      809 words
    • 1092 18 Prices as at 19.06.91 Conversion terms Premium/ Expiry y -I j (discount) Amount Optional** using issued k j Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash Loan Gearing Date Mths units) stock j ratio price nom Stk. Left value s I I Burwill I
      1,092 words
    • 432 18 Company Rights Issue Alcom One-for two <« M$1 00 pet share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at M$1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS [•-date Jun 7 Books
      432 words
    • 511 18 Company Rights Issue Bolt on One-for four (>■ M$? 00 per sfiare Issue of $90 978m nominal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991 96 with *****m detachable warrants on the basis of $2 nominal amount of Bonds for every three emsting shares held Every $2 nominal
      511 words
    • 943 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share Bu*nl Wt 1 warrant plus HK$1 00 cash C4C Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus $0 77 cash or
      943 words
    • 222 18 Singapore Petroleum Co Ltd: AGM at the Board Room. 6 Shenton Way, 46th Storey, DBS Building, Singapore 0106 on Thursday. Jun 20. at 10.30 am. City Developments Ltd: 28th AGM at 16 Rattles Quay #26-00. Hong Leong Building, Singapore on Thursday. Jun 20. at 11.30 am Neptune Onent
      222 words
  • Page 18 Advertisements
    • 38 18 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. o\r C.A.T.S. 737-1166
      38 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4164 19 Bernama SHARE PRICES on the Kuala Lumpur stock market closed lower in dull trading yesterday as investors turned cautious in the absence of fresh incentives. The KLSE Composite Index fell 2.19 points to 628.04 while the Industrial Index ended four points lower at 1,179.00.
      Bernama  -  4,164 words
  • Page 19 Advertisements
    • 1141 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 LOST SHARE/WARRANT CERTIFICATES The following Share/Warrant certificates/ together with the relevant signed transfer deeds have bean reported lost or destroyed:HONG FOK CORPORATION LIMITED No. ol Shares/ Certificate No. In the name of Warrants *****23 Low Nguan Eng 1x 200 NEPTUNE ORIENT
      1,141 words
    • 308 19 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF JMA PUBLIC RELATIONS PTE LTD Notice of Resolutions for Creditors' Voluntary Winding Up (Purmant to Section IN) At General Meeting of the Members and of the Creditors of the Company held at 11 Collyer Quay #09-03,
      308 words

  • TOKYO STOCK EXCHANGE
    • 2197 20 Reuter AFP TOKYO STOCKS plunged to their lowest close since Feb 6 this year on fading hopes for a discount rate cut after Tuesday's GNP figures showed Japan's strong economic performance continuing. A weak bond market and weak stock index
      Reuter; AFP  -  2,197 words
  • STOCK EXCHANGE OF HONGKONG
    • 1909 20 Reuter SHARE PRICES closed lower in thin, directionless trade after being pressured somewhat by the Nikkei's sharp slide, brokers said. "The main thing is that the Japanese market was weak today," a broker at a European firm said. "Fundamentally, short-term adversities Hongkong's airport
      Reuter  -  1,909 words
  • Page 20 Advertisements

  • REGIONAL STOCK MARKETS
    • Stock prices in Manila rebound
      • 493 21 SHARE PRICES in the Philippines rebounded after a steep decline following an improvement in Mount Pinatubo's condition but the market was expected to soften again once the full impact of the eruptions is known. The Manila Stock Exchange composite index rose 26.49 points to close at 1,113.36. "It appears
        493 words
      • 262 21 AUSTRALIAN SHARES closed lower in thin volume yesterday, brokers said. Ord Minnett broker Eric Gale said there was reasonable trade by both offshore and local investors but there were no particular trends. "The market has performed well considering large falls in Tokyo," he said. The Japanese Nikkei fell 688.72
        262 words
      • 1586 21 Australia A Cents Vol(*00) June 19 AC Minerals 62 +1 135 ACM Gold 36 1 1375 ANZ Bank 363 I ***** Aberfoyle 391 unch 948 Adel Stm 7 1 2413 Advance Bank 490 6 39 Alcan 155 -2 460 Amcor 534 2 4606 Ampol Ex 290 2 6680 Argo 254
        1,586 words
      • 881 21 PRICES of all sectors on the Thai stock exchange ended lower yesterday, with finance companies falling most, pushing the stock index down sharply, brokers said. The SET index lost 13.26 points to 792.64. It was the largest fall since May 13. when the index shed 17.72 points. Securities One
        881 words
      • 132 21 SHARE PRICES generally fell in Jakarta but trading stayed very quiet with activity limited to a handful of issues, brokers said. "A lot of fund managers in Hongkong are still on holiday. Nothing will happen till next week," one local broker said, adding that foreigners now account for about
        132 words
      • 82 21 THE Taiwan stock index finished slightly higher after wavering in a 55-point raoge as investors were cautious over losses in overseas markets, dealers said. The weighted index rose 5.38 points to close at 6,029.78 compared with Tuesday's 6,024.40 finish. Turnover was a moderate NTS42.I billion against NTS6O billion. Dealers
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      • 750 21 SHARE PRICES in Seoul fell for the fourth consecutive day in thin trading as investors continued to worry about a tight liquidity and lose confidence in the market, brokers said. The composite index shed 2.52 points to close at 604.27. About 6.7 million shares changed hands against 6.6 million
        750 words
      • 78 21 NEW ZEALAND shares ended little changed overall as the apathy affecting the local interest rate and foreign exchange markets spread to equities. A lack of news combined with a preference for the sidelines ahead of the Telecom float and the June quarter CPI, both in mid-July, and the
        78 words
      • 90 21 INDICES TURNOVER Close Previous June 19 SYDNEY All Ordinaries Index 1,518.3 1.533.8 -15.5 All Industrials Index 2.343.1 2.362.0 -18.9 All Resources Index 886.8 899 6 -12.8 Turnover (million) 89.40 91.70 -2.3 BANGKOK SF.T Index 792.64 805.90 -13.26 Turnover (million baht> 4.170 2.780 +1.390 JAKARTA Composite Index 373.92 374.95 -1.03 MANILA
        90 words
      • 371 21 In local ewmey In S$ In US$ S day S year day year S day year June IK Index change change change change change change World 411.1 0.0 148 -0.1 III -0 3 7.8 jeaee 535 4 -0.6 13.9 -0.5 6.2 -0.7 3.1 Europe 437.3
        371 words

  • WORLD STOCK MARKETS
    • Dow slips further as bond yield rises
      • Article, Illustration
        1394 22 WALL STREET continued its downward course on Tuesday on rising volume, as the yield on the Treasury's benchmark bonds rose to 8.5 per cent and traders saw little likelihood that the Federal Reserve would move to ease credit. By comparison, the average dividend yield is roughly 3 per
        1,394 words
      • Article, Illustration
        805 22 SHARES in London closed slightly lower with prices dragged down by a £489.4 million rights issue at Sainsbury and a disappointing performance from the newly privatised Scottish electricity companies which began trading yesterday. "Sainsbury provided the excuse for the market to go down after Wall Street's lower close (on
        805 words
      • 293 22 DUTCH SHARES closed mixed in quiet trade with the stronger US dollar supporting advances by blue-chip international stocks. The CBS tendency index closed unchanged at 96.2 points. Dealers said the market was waiting for the US April merchandise trade figures which are due out yesterday. Positive figures could boost
        293 words
      • 128 22 Brussels June 18 Francs FORWARD MARKET Accc 2555 20 Arbed 4375 5 Astur 1000 -20 Brascan 620 6 ("anpat 640 unch Cock 191 I lie Beers 852 f 2 Ebes 8400 (ib-lnn«>-Bm 13'K) -6 (ievaert 7080 10 (ir Hru I amb 3750 40 Hohok Petro ***** f 25 Ryl Dutch
        128 words
      • 191 22 GERMAN SHARES closed lower in quiet trade, following a lead set by Tokyo and Wall Street overnight. The 30-share DAX index ended 5.65 points down at 1,695.42. Auto stocks were mixed, with BMW down 2.50 marks at 522 and Volkswa- gen off 0.90 at 411.20, while DaimlerBenz put on
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      • 172 22 FRENCH stock prices, tracking a rollercoaster bond market, staged a nervous, technical rebound from earlier lows to end with trimmed losses. The CAC-40 Index closed down 14.22 points or 0.77 per cent to 1,830.63. That was the lowest finish since May 29 but off the day's bottom of 1,819.19.
        172 words
      • 162 22 ITALIAN share prices ended an uneven session with slight gains, but turnover was lighter than Monday, brokers said. Montedison, which is benefitting from an international interest in chemicals' companies, and Pirelli were amongst industrials to shine, while the insurance sector was generally wellbought which also helped the banks. The
        162 words
      • 253 22 SWISS SHARES closed little changed in quiet trading but off earlier lows. Brokers said Wall Street's firmer showing in early trade lifted sentiment a little. The SPI index, which most of the session was a touch lower, closed 0.2 point higher at 1.118.5. The SMI index of leading shares
        253 words
      • 105 22 PRICES on the Stockholm bourse closed broadly up after a weak opening, and dealers said the market turned after better-than-expected results from Stora. The bourse general index closed 0.4 per cent up at 1,123.07 in turnover of 395 million crowns. Blue chips rose an average 0.59 per cent. "It
        105 words
      • 365 22 GOLD share prices in Johannesburg rallied sharply in the afternoon, extending their early gains as a silver-led rise in world bullion prices boosted buying interest. Dealers said the bullion price rise despite a soaring dollar together with currency factors aided sentiment, but described demand as very selective. The JSE
        365 words
      • 279 22 TORONTO STOCKS slipped from the day's highs in listless trade after comments by US Federal Reserve chairman Alan Greenspan sparked some profittaking. dealers said. "Mr Greenspan's making a speech and no one seems to like what he's saying." one trader said. The composite index gained 6.1 points to 3,553.4,
        279 words
      • 86 22 INDICES TURNOVER NEW YORK Dow Jones NYSE Financial S&P 500 Turnover (million) Close 2,986.81 151 99 378.59 156.3 June 18 Previous 2,993.96 -7.15 152.27 -0.28 380 13 -1.54 135.0 +21.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,971.9 2,516.0 574.5 1.977.6 2.524.0 285.9 -5.7 -8.0 288.6 AMSTERDAM CBS Tendency
        86 words
  • Page 22 Advertisements
    • 32 22 For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840) On target, chartpoint in BT on Saturday
      32 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1122 23 REPORTS ASIA TOKYO: The dollar yesterday ended a roller-coaster session steady, but well below the highest levels of the day after dealers unwound short mark positions. The dollar posted a high of 1.8235 marks, the strongest level here in 19 months, before profit-taking emerged
      1,122 words
    • 387 23 Cross rates June 19 US$ S$ MS Dm Yen SFr NZ$ USS 1.7915 2.7925 1.8220 141.00 0.6236 1.5680 1.3123 1.7391 SS 0.5582 1.5587 1.0170 0.7870 0.3481 0.8752 0.7325 0.9708 MS 0.3581 64.15 0.6525 0.5049 0.2233 0.5615 0.4700 0.6228 Dm 0.5488 0.9833 1.5327 77 39 0.3423 0.8606 0.7203
      387 words
    • 528 23 Interbank rates SS Bid Offer Overnight unav unav 1-month 5 9/16 5 11/16 2-month 5 11/16 5 13/16 3-month 5 13/16 5 15/16 Overnight mode. 5-1/4 ISS Bid Offer 7 days 5 13/16 5 15/16 1 month 6 6 1/8 2 months 6 6 1/8 3 months 6
      528 words
    • 422 23 Move follows lifting of ban by EC Reuter JOHANNESBURG South Africa plans to market the Krugerrand gold coin abroad again, a top mining official said. Clive Knobbs. president of the Chamber of Mines mineowners' organisation, said the industry decided to relaunch the coin internationally, following
      Reuter  -  422 words
    • 186 23 Reuter NEW YORK Karl Otto Poehl, president of the Bundesbank, said he hoped the foreign exchange market takes "a little more positive judgement about the Deutschemark". Asked after a dinner speech to a group of traders and economists why the dollar is so
      Reuter  -  186 words
    • 1074 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.44 93.45 93.42 93.44 5500 ***** 5734 Dec 91 92 85 92.86 92.82 92.85 4961 ***** 4403 Mar 9 1 9 1 73 92.74 92.71 92.73 2000 8949 1701 jun 92~ 92.30 92.32 92.29 92.31 130
      1,074 words
  • Page 23 Advertisements

  • COMMODITIES
    • 308 24 BANGKOK An Industry Ministry plan to liberalise the sugar processing industry has left sugarcane growers sharply divided. The United Association of Thai Sugarcane Planters (UATSP) has attacked the plan, saying the new mill operators would eventually force smaller growers out of the industry. But
      308 words
    • 175 24 Bernama KUALA LUMPUR This year's rubber growers' conference. organised by the Rubber Research Institute of Malaysia, will have the theme "Towards greater viability of the Malaysian natural rubber industry". The RRIM said in a statement that the three-day conference beginning on July 22
      Bernama  -  175 words
    • 193 24 Reuter HAMBURG Soviet soymeal imports are likely to reach 935,000 tonnes in June-September, treble*the 311,000 tonnes shipped during the same period last year, the Oil World newsletter said. But the very slow pace of imports earlier in the season means total October-Septem-ber
      Reuter  -  193 words
    • 771 24 REPORTS THE PRICE of tin fell seven sen to MS 15.65 per kg on the Kuala Lumpur Tin Market yesterday on continued prof-it-taking and higher offerings from miners following recent guins. Dealers said market operators also discounted news of the 200-tonne drop in
      771 words
  • 1415 24 Rubber j un 19 RAS (fobin bales) S cents/kg Noon Close Int I RSS Prompt 147.50/148.50N I47.75/I48.75N Int I RSS Julv 91 149.00/149.50 149 25/149 75 Int I RSS August *****/151.50 151.25/151.75 Int 2 RSS OP 147.50/149 SON 147.50/149 SON Int 3 RSS OP 146.00/148.00N 146.00/148 OON Int 4
    1,415 words
  • Page 24 Advertisements
    • 1323 24 BUSINESS TIMES TELEPHONE: 730-5771/3772/5773 FAX: 734 4982 THE COMPANIES ACT, CAP. 50 MOLUCCAN MARITIME PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting ot MOLUCCAN MARITIME PTE LTD duly convened and held on the 14th day ol June 1991, the following special resolution was passed:WINDING UP It was
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    • 11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1124 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA975 1300 GA894 2340 MH607 1130 SQI06 1045 GA887 1225 SQ107 1305 Mlllill SQ228 1905 3 S Q 109 1405 s 0 |08 1145 OF5 ?OOf> MH642 1450 MH641 1315 MH609 1625 SQI10 1445
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  • THE TRAVEL PAGE
    • 512 25  -  LETTER FROM FLORIDA By Tim Golden SOMEWHERE between the hard life of a letter carrier and Mailman Heaven there is Nalcrest. The town gets lots of rain, hut almost no sleet and never any snow. By dark of night, just about everyone is watching television,
      512 words
    • 153 25 As at 3pm yesterday: Ixxal dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.358 1.378 Canadian dollar 1.554 1.584 NZ dollar 1.020 1.050 Sterling pound 2.8800 2.9100 US dollar 1.7850 1.7950 local dollar, to 100 units of foreign currency Austrian schilling 13.80
      153 words
    • 64 25 Duration Title enue Organiser Tel Duration Title Venue Organiser Tel June 18-22 Asia's Int'l World Trade Reed Exhibition *****13 June 18-22 Asia's World Trade Reed Exhibition *****13 Exhibition Centre. Companies International Centre. Companies of Packaging Singapore Exhibition of Singapore Machinery Printing. Graphic Materials Food Arts Equipment Processing
      64 words
  • Page 25 Advertisements
    • 42 25 You've got nothing Tbulouse trying FLnnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague, ("all *****77 for details. We know Kiii-op*- from start to Finnish.
      42 words
    • 155 25 There's a helpful Singaporean in almost any foreign phone booth. Now, SingaporeDlßECT is 25% off. In over 20 countries, you can instantly get in You don't need coins, either Use a Singapore touch with a Singapore operator from any phone Telecom International Telephone Credit Card, or by using SingaporeDlßECT. simply
      155 words
  • Page 25 Miscellaneous
    • 258 25 6 Still working out ship's po- Hi Hi sition (4.9) 8 To prepare orchestra a mm |Hi bH| 9 101 l route needs a city bypass (4,4) f I HB I 10 Spring is short the iHf )Hf HV H |H meadow (3) VB pudding with ice-cream (6) Lm mmd
      258 words
    • 208 25 Singapore Outlook: Fair. Report: Maximum temperature 32.9 Assoc humidity 65% Minimum temperature 26.1° Assoc humidity 93% Hours of sunshine 9.25 Rainfall in mm Trace Rainfall this month 94.9 Rain> days this month 7 World report Asia-Pacific Ili/Ixt* Cond. ~nd 15/04 Shower* Bangkok 32/25 Showers Beijing 22/16 Sunn\ Brunei 33/24 Showers
      208 words
    • 72 25 PvFTfeawoON KivjOU)..) (RI&S, SRUSF\GfeSI Tae Trouble, uith iwc v tAQ'eS J i mushrooms rnd a rooftop SARBEQoe is i y snipc' V > sakcd Potato.... -rwe smell cungs k X- —*.7"\ TO-fOOfc WA\R MO CuarweS.J f r T\ r-QOJI. 1 '-iN ~jSU 4 -St, Sjgg. O *W..* ii fux-'ve. JUST
      72 words

  • 447 26 They'll return Malaysians to colonial era, he says AFP KUALA LUMPUR A leading critic of Prime Minister Mahathir Mohamad Wednesday attacked the government's liberal investment and labour policies, warning they would return Malaysians to the colonial era. Tengku Razaleigh Hamzah, a former Trade Minister
    AFP  -  447 words
  • 206 26  -  By Dawn Tan THAI OIL Company Limited. the semi-state-owned oil company of Thailand, has signed a US$2OO million (SS3SB million) revolving credit and loan facility with a syndicate of 33 international lenders. The arrangers, ANZ Singapore Ltd, DKB Asia Ltd. Dresdner
    206 words
  • 374 26  -  By Claire Leow RODIME. a Scottish disk drive maker with flagship operations here, is teaming up with an Asian partner to set up a joint venture manufacturing facility. However, a company spokeswoman said there is no decision to give up Singapore
    374 words
  • 179 26 FRANKFURT Germany's central bank made it clear on Wednesday that it was ready to tighten its monetary policies even further, if higher interest rates were needed to defend the mark and to curb inflation. "In view of the dismal price perspectives, monetary policy
    179 words
  • 239 26 Reuter BRUSSELS After a year i of hard bargaining, the European Community and its seven Efta neighbours have struck a political deal to create the world's biggest single market. But the mass of technical I details pending is such that a 1
    Reuter  -  239 words
  • 761 26  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent WHEN the Berlin Wall came crashing down two years ago, it sounded the death knell of the Cold War. The thought of the day then was that guns
    761 words
  • 553 26  -  Move to stop bickering over Congress leadership By Harish Mehta THE WIDOW of the late Rajiv Gandhi. Soma Gandhi, is expected to call upon Congress (I) Party members to stop bickering and select a prime minister-designate by consensus rather than election to ensure
    553 words
  • Page 26 Advertisements
    • 95 26 \Nikon The World's Finest Photographic Systems Dauphin Sitzrultur Ahealthy backbone is essential FOR PERFORMANCE. We want to inspire people with chairs which display corporate identity: The superb, clean lines of the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating facilities with functions which preserve and
      95 words
    • 111 26 Nikon The World's Finest Photographic Systems Singapore's Latest Luxury Liner j 1 special 'visit Indonesia Year 1991 5 °ay Singapore-Jakarta Singapore j A Cruise from $799 A y Dc P Jun 26,30 £4 Jul 5, 9, 13, 17, 21. 25. 29. B? Auq 3, 7. 11, 15, 19, 23, 28
      111 words

  • Shipping Times
    • 491 27  -  By! Selva Kumar SEMBAWANG Shipyard has got the High Court to compel a local shipping company to scrap a floating dock which Sembawang sold almost two years ago. Sembawang Shipyard sold the former Sembawang Dock No 2 to Ban Choon Shipping in July
      491 words
    • 553 27 Postponement attributed to low cargo volume BANGKOK The State Railway of Thailand's nationwide inland container depot (ICD) project has been shelved because the cargo volume in other provinces is considered to be too low. Late last year, the state enterprise announced
      553 words
    • 169 27 Reuter PARIS General ElectricCo of the United States and a Czechoslovak firm have agreed to develop joint programmes to make aircraft engines and parts, CIE said. The pact calls for GE unit GF. Aircraft Engines to work with Czechoslovak aero engine maker Motorlet.
      Reuter  -  169 words
    • 259 27 Reuter SEOUL Citing a -preposterous error" by the cockpit crew. South Korea grounded a pilot who ignored three warnings and crash-landed his airliner carrying 119 passengers, a Transport Ministry official said yesterday. An official investigation into the near-disaster at Taegu airport last Thursday
      Reuter  -  259 words
    • 314 27 Lloyd's List LONDON The shipping industry is facing a "credibility problem", says Sir Brian Shaw, chairman of the International Chamber of Shipping. Speaking after the annual meeting recently of the ICS, whose members are national shipowners' associations and shipping companies representing in total
      Lloyd's List  -  314 words
    • 378 27 Reuter AUCKLAND, New Zealand A spate of share sales in New Zealand ports and airports is likely later this year or early next year, as local authorities follow the government's lead on privatisation, regional council spokesmen said. The Wellington Regional
      Reuter  -  378 words
    • NEWS SUMMARY
      • 59 27 THE superimposition of the Gulf War, economic recession and the decline in government defence spending has left the aerospace industry in a state of shock. For the first time in its highly cyclical history, the industry has been forced to adjust to a slump
        59 words
      • 61 27 AMERICAN Airlines, US biggest air carrier, is on the offensive again and mincing no words. After months of fighting battles, big and small, to preserve its industry dominance, American waded back into the fray on Monday saying it wanted to stop rival
        61 words
      • 40 27 AIRBUS INDUSTRIE, the four-nation European aircraft consortium, postponed a news conference on Tuesday at which it was to have announced a large aircraft order by Federal Express Corp, the American express cargo carrier Back Page
        40 words
      • 33 27 BRANIFF International Airlines, the successor to Braniff, the bankrupt carrier that suspended operations in November 1989, has announced that it will start services on four routes Back Page
        33 words
    • LOG BOOK
      • 66 28 PARIS French construction group Spie Batignolles, a unit of Schneider, said it and Aeroports de Paris have signed a 220 million franc contract with the Chinese province of Hainan to build an airport to serve the town of Sanya. A spokesman said Spie Batignolles
        66 words
      • 85 28 LOS ANGELES McDonnell Douglas has said it will offer a convertible freighter version of the MD-11, its new line of wide-body trijets. The company said the new MD11CF is the only new widebody convertible freighter available to commercial carriers. "The airplane offers the airlines the ability
        85 words
      • 79 28 NEW JERSEY CSX's Sea-Land Service has urged the US Transportation Department to end federal subsidies to US shipping lines. Sea-Land chairman Alex Mandl urged Transportation Secretary Samuel Skinner to phase out operating differential subsidies, which help American line carriers compete with foreign lines. "ODS is
        79 words
      • 98 28 SYDNEY AUSTRALIAN waterfront workers walked off the job for 24 hours on Wednesday to protest a decision by the Industrial Relations Commission (IRC) to reject a US$l2 a week pay rise. The pay rise was agreed in May in union-management talks chaired by Prime Minister
        98 words
      • 74 28 HOUSTON Officials of the Port of Houston are in talks for the possible purchase of the financially troubled Port of Galveston, port officials said. "We've had some discussions that began in earnest in April," Jim Pugh, executive director of the Port of Houston Authority, said.
        74 words
      • 60 28 BERLIN The Federal Cartel Office said it had approved transport firm Stinnes AG raising its stake in international freight forwarder Schenker und Co GmbH to 80 per cent from 22.5 per cent. A Cartel Office statement said it did not object to the merger because the
        60 words
    • 1424 28 US Gulf/Japan grain was covered at a firm rate of U5528.50 in the dry cargo chartering market on Tuesday as operators tried to keep their vessels in the Atlantic and available for Soviet business, brokers said. The Baltic Freight Index dropped the two points it gained on Monday
      1,424 words
    • 1110 28  -  The aerospace industry, for the first time, is having to adjust to a slump in both its commercial and defence sectors. Paul Betts looks at the prospects of the industry Paul Betts FT THE superimposition of the Gulf War, economic recession and the decline in government
      FT  -  1,110 words
    • 873 28 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 arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      873 words
    • 8471 36 1 his* 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
      8,471 words
    • 3296 41 ontainerline NV: lie Kin Shpg .Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte L td (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,296 words
    • 251 41 Abacus Couriers Tel: 545-8011. Fa*: *****98 Air Kxprvss Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      251 words
    • 1530 41 Abe* Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel. 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fa*: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,530 words
    • 1222 42 ARGENTINA Buenos Aires: l abour Stevedores continue to arrive half an hour late for work and to leave half an hour early. There are also stoppages of one full hour during each shift, reducing the effective working time per six hour shift to four hours. Port busy; all
      1,222 words
    • 466 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To today" today KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK NCA KZ203 B747F 1930 I NRT SIA SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345 I SEL/MNL I
      466 words
    • 672 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Mivagi Maru: 64,714 dwt and built 1982. sold to South Koreans for a price of around USS 16.7 million Montana: 34,186 dwt and built 1973, sold to US-based interests for about USSS.2 million. The Saint Laurent 28,094
      Reuter; AFP  -  672 words
    • 295 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr l)ep Name of Vessel ETA LTD Ports of Calls Port Agent JUNE 20 20 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 20 20 Andaman Princess 1100 1600 C ruise-To-Nowhere Lines Int Holding 21 21 Andaman Princess 1500 2000 C ruise-T o-N owhere Lines Int
      295 words
    • SHIPS IN PORT
      • 454 43 VtsMl Voy No B«rth Arrival Departs* VosmI Voy No B*tti Arrivd Dqurtw KeooeJ Wharves Tni Hit* 9125N M4B 20 06/1730 21 06/0600 Catamarca 2 37EB C10 along** 19 06/1200 [j™ No 8 11/91 M4C 2006/0/00 2006/2300 Hota Pusaka E 903 K31 alongside 25 06/0600 320 M4B 1906/1230
        454 words
      • 1337 43 E NG OF EXPORT FCL CONTAINERS AND LCL CARGO Sip Voy No Etb/Btr ecord Bookint/Babnci eriod From To Rrits From Aa Rose 15 21/0400 1 19/1500 3 20/0700 4 Cancelled 19/165 20/115 9 9 19/1900 20/1400 Ad Goncharov 32SI91 21/0700 1 19/1500 3 20/0700 19/1659 20/1159 19/1900 20/1400
        1,337 words
      • 199 43 ftuut KHH>f6 rOTI Berth: 1: Barge HB 1856; 2: Qing Chuan No 3; 3: Kris Madura, Seng Da No 2; 4: Kapttan Anistratenko; 5: Hua Quan; 6; Shen Kwan Hai. 01 jetty: Stott Spur. Howa DCJ: Blue Sea. Due on June 19: Tove Cob. Santi, Bow Fighter.
        199 words
    • 440 44 The US carrier wants United Airlines to stop flying from Chicago to London AP NEW YORK American Airlines, US biggest air carrier, is on the offensive again and mincing no words. After months of fighting battles, big and small, to preserve its industry dominance, American
      AP  -  440 words
    • 148 44 Reuter PARIS Boeing is expected to announce this week that Thai International Airways will order 12 of its 777 airliners, industry sources said. The sources said THAI was expected to place firm orders for six aircraft and take options on six more, making the
      Reuter  -  148 words
    • 274 44 NYT PARIS Airbus Industrie, the four-nation European aircraft consortium, postponed a news conference on Tuesday at which it was to have announced a large aircraft order by Federal Express Corp, the American express cargo carrier. Airbus executives and other industry officials had
      NYT  -  274 words
    • 279 44 NYT NEW YORK Braniff International Airlines, the successor to Braniff, the bankrupt carrier that suspended operations in November 1989, has announced that it will start services on four routes from July 1. Its introductory fares, effective through July 15 without restrictions, include a US$69 (S$
      NYT  -  279 words
  • Page 27 Advertisements
    • 581 27 B| SWEE HENG METAL CO PTE LTD No 13. TUAS AVENUE 14. S PORE 2263 FAX *****46 TEL: *****55 (5 lines) TLX RS ***** SHMCPL Maintenance Equipment I repair SIB CON'9I 19-20 September 1991 Hyatt Regency Singapore THE 4TH SINGAPORE INTERNATIONAL BUNKERING CONFERENCE The Port of Singapore Authority (PSA) is
      581 words
    • 52 27 Aif Forwardets 15 Air Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 2 lnde« to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 Shipsales/Tanker Rates 16 Ships in Port 17 I Singapore Tides.— 17 Weather and Sea
      52 words


  • Page 29 Advertisements
    • 2493 29 I JAROINt SHIPPING AGENCIES S mlllf# 200 Cantonment Road #12 05 Southpoint. Singapore 0208 5 \AlffF# *****11 TELEX NO RS 24m BHIIIIII lERMINAI/CFS Tel *****18 220 BOOKINGS Tel *****34 258 L wWQf M PESAKA JARDINE SHIPPING AGENCIES PORT KELANG TEL *****18 TELEX MA*****/MA***** I MM PENANG TEL *****4 TELEX NO
      2,493 words
    • 938 29 INDEX f TO ADVERTISERS I'auc (Vil I'sirc t'ol lA| 1 M 1 ABC'Containerline 12 I Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5 Aeropak Express 9 5 Macoline 18 3 APL 5 3-5 •MaerskEine 3 4/5 APC Line 13 5 »MISC 14 1-3 ASCI. 5 I
      938 words
    • 2067 29 TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONG REACH 19 DAYS Vessel Voy ETA ETD "Poft 'Penang DESTINATIONS Th<s mow M«rgr e me Mwfsh 9106 •Feederby 16'6 0600 HAS M Pinio CfS 17/6 2356 HRS OAK LGB HOU MEM ATL MIA CHS BAL
      2,067 words

  • Page 30 Advertisements
    • 1188 30 [rottedaml VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 03/124 20/6 VU7 9/7 8/7 HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 jjWJSAUJ KATSURAGI 06/125 27/6 13/7 16/7 15/7 1 ALL WESTBOUND P THAMES 06/325 30/6 17/7 19/7 22/7 23/7 KilJMtt KNMM CAMO LA SEINE 19/126 4/7
      1,188 words
    • 704 30 mssnm~w.%m\ DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 6/7 18/7 20/7 26/7 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA 1 NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX (PERU) SEASPAC I 2304E 6/7 8/8 9/8 14/8 15/8 Agents *||If* SI.Ni.APUKK *****11 Jardine
      704 words
    • 1556 30 Bw&mmj&um. mjnm. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG 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 IS/07 19/07 20/07 21/07 22/07 NORASIA SUSAN 9116-3 29/06 18/07 19/07 22/07 23/07 24/07 25/07 26/07 28/07
      1,556 words

  • Page 31 Advertisements
    • 1970 31 sgjjj|Steamers Maritime Holdings Ltd P&O Ml JH STRAITS SHIPPING HML y *3 ttmnri t« Bcvml, East Malaysia. Containers 1bli» Voy Mo t-Pafl/ +PW S'pors Mg Sou Ant Rot H6( UDA MAfRSR 910* IS/M 17/06 20, M 04/07 07/«7 OJ/07 10/07 ACCEPTS Oil MIS CARDIGAN BAY 0532 13/06 17/06 22/04 09/07
      1,970 words
    • 2189 31 TO: U.S.AJPANAMA FM: U.&AJPANAMA WSStIVOT V w ia rw W W WTC »«;w HTC WW CM la OM ATI ANTIC SENATOR El 119 24/* 17/7 19/7 It/1 2/1 )/t 4/1 «/l tCN TOIW KM TOR M 119 1/9 19/9 12/9 17/9 2C/9 27/9 29/( OS* St HAT 0« IF 129
      2,189 words
    • 382 31 STRAITS/ JAPAN/ STRAITS SERVICE I LOADING FOR YOKOHAMA/ NAGOYA/OSAKA OB SENBOKU J COSMIC PIONEER Vl4l ETA SPORE 22/6/91 I ETA PK 24/G/91 I NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG,| TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT I IMLINTERMARITIME I SOUTHERN AFRICA SERVICE j DIRECT MONTHLY SAILINGS I KK SPORE PK PI
      382 words

  • Page 32 Advertisements
    • 608 32 RBUU CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOV SPOKE ROAM ADAM HBURG BREMEN ANTWERP MA I ARAM 29*8 20/6 22,1 21/1 31/7 3/8 SRIMIMft/ \m 14/1 3/9 9/9 12/9 149 KUTM23M 25/8 2S/9 1/10 8/10 10/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject lo Inducement Also
      608 words
    • 1037 32 j& i$L it, HANJIN SHIPPING Spore IIEH RTM ANR HAM BRV FEL I FEEDER VSL SIN LINE HAUL LGB OAK HAN JIN KAOHSIUNG 004W 23/6 117 12/7 13/7 13/7 15/7 16/7 IHANJIN SINGAPORE 002E 1/7 DIRECT 22/7 25/7 HANJIN OAKLAND 013W 30 6 18 7 19/7 20/7 20/7 22/7 23/7
      1,037 words
    • 1340 32 IP«l SGP WG KSG KIG PUS WT OSK NGY SMZ TYO LAX C* BAL NYC Utt MM RDM Ttf «G PS M W SCf I E GROWTH 032 19 6 21/6 2C/6 27/6 29/6 2/7 4/7 6/7 7/7 1/7 J/7 20/7 1/1 J/8 5/8 14/8 15/1 16/8 17/8 IS/I 8/J
      1,340 words

  • Page 33 Advertisements
    • 2029 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 jrj? USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT: *****44/*****14 m AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 NEPLINE SON BHD MALAYSIA K.L.-I03) *****33. P. Kelang-(03) *****87,
      2,029 words
    • 1107 33 *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 EAST BOUND DISCHARGING WESTBOUND—LOADWG TRANSHPPED VIA ROTTERDAM vessels voy |sw mi» mc vot |sw phi ,*>g
      1,107 words

  • Page 34 Advertisements
    • 1956 34 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W W J\ TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I M MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD I JL m JL JL MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD INDONESIA: P.T.
      1,956 words
    • 1294 34 PHILI-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAD 907 00 GMG BUILDING SINGAPORE 0106 f TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 Sjgm: fiV AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER or SINGAPORE FREKjHT FORWARDERS ASSOCIATION 24 JUN MONTREA^TTAW^ORONT^^^^^^^ 21 JUN DUBAI. DAMMAN. SHARJAH, DOHA.
      1,294 words

  • Page 35 Advertisements
    • 1567 35 S-sPff PACIFIC INTERNATIONAL LINES (PTE) LTD mm mm iBBi Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA 1 fBANGKOK VESSEL VOY SIN JKT SIN VESSEL yoy S|N EQUATOR MAS 08N 22/8 25/6 30/6 KOTA PAHLAWAN 9123 21/7 25/6 »/6 BUNOA TERATAI 253 23/6 25/6 30/6 PEGASUS PROGRESS 672N 21/6 24/6
      1,567 words
    • 1057 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE IEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Selanjia* 198 In Pi 7/7 8/7 10/7 17/7 Benaktef f 196 21/6 11/7
      1,057 words
    • 425 35 Wftti MYANMA IpHßk FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd| AVA Vlo9* 23/25 Jun 20/22 Jul MYOMA YWA VI36W 23/27 tun Ptwr* VIISW 4/7 My <a»THE BANKUHE (A Mrvtc* c 4 Andrew W«*r Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS
      425 words



  • Page 38 Advertisements
    • 727 38 TO AUSTRALIA/NEW ZEALAND S<n |fi«m |M«lb [Vrd p*t |P CHAIM ANTMRPEN 773 507« t/1 11/7 14/7 2D 1 23, J 2V7 MMIHA 27S u/l it 19/1 25 71/1 2i7i aim muow 77i i 7/» u,« joTi 575 Tj7» MUSSEL 777 31 1,1 T«7» Ti7» 237s TO USA/CANADA VSi Singapore N
      727 words
    • 1138 38 EX^Tnn^KWOWWA^HAPA^TWn*EKLr^^^^^^^^^^^IS!LACC/^™AlT^EEDE^«vlc^^^^^^^ [~O4JTBO4JWO VOY PKL PNG WT SIN I HKG MO KEE TYO SM2 NGO KO6 II VtSStL VOY [SIN |PKL PNG BLW SIN AC« ROSE 15 22.6 *17 t 21.6 2« 6 27 3 7 4.7 ACX ROSE 15_ 21£_ 22_« CALIFORNIA CARRIER 68 *17 6 206 25 8 79
      1,138 words
    • 1423 38 ffea tB) W "S 5l 15? CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE 2. MISTRI ROAD, HMC BUILDING TEL *****00 #15-00. S*WO* 0207 TELEX: RS 2H30 COSH* I CR NO: U*****0000M FAX: *****66 CABLE COSTMLME General Agents: COSTAR SHIPPING PTE LTD ttSSEL/VOT W» HKG SHA UN HPU PAL QW
      1,423 words

  • Page 39 Advertisements
    • 992 39 UKC CONVENTIONAL SERVICE HU PNG PG 104 ding lot A VESSEL 28 06 Rotterdam Antwerp CHINA FULL COMT AIMER SERVICE SGP PKL BKK HKG QIN SNA YANGf ANGKOU 153 05/7 03/7 09/7 15/7 l»/7 YANGFANGKOU 155 05/S 03/» 09/8 15/8 18/8 Mm KcqHni c|< li cMmm m>(> m HKG AUBTBAUA
      992 words
    • 353 39 ff£nl RICHFIELD MARINE AGENCIES (S) PTE LTD St TEL: *****33 (12 Linos) m FAX: *****15/*****03 IfTIJ TELEX: RS ***** RISHIP (3 Linos) GgA ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ANOINET 24W8 20/07 OARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA
      353 words
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