The Business Times, 6 August 1991

Microfilm: NL17607
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Tuesday, August 6, 1991 75*
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  • NEWS SUMMARY
    • Article
      Baker hopes death threat won't hurt peace moves
      43 1 ALGIERS US Secretary of State James Baker said yesterday he hoped that a death threat issued on Sunday by Islamic fundamentalists against a prominent Palestinian from the occupied territories would not affect regional peace moves.
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    • Article
      Suchinda meets Chatichai
      56 1 BANGKOK Thai Army chief General Suchinda Kraprayoon said yesterday he had met deposed Prime Minister Chatichai Choonhavan who returned from Britain to defend himself against corruption charges. Gen Suchinda did not elaborate on the talks but reiterated that the former premier was free to travel and would
      56 words
    • Article
      No go for coach firms
      25 1 SINGAPORE coach operators, hit by a decline in Japanese tourist arrivals, are losing out to their Malaysian counterparts Page 2
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    • Article
      Shophouses for sale
      27 1 PHASE FOUR of the Tanjong Pagar conservative area, comprising 28 shophouses, is to be offered for sale, says the Urban Redevelopment Authority Page 2
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    • Article
      Signs of rate cuts
      28 1 AN EXPECTED fall in Australia's annual inflation rate to its lowest in almost 20 years may trigger more cuts in interest rates Page 7
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    • Article
      Big step for Gorbachev
      34 1 SOVIET President Mikhail Gorbachev has taken a big step towards a market economy by ordering an immediate increase in the production and imports of food and consumer goods Page 8
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    • Article
      Battle on the cards
      27 1 PLASTIC CARD issuers are fighting for a share of the US credit card market, worth US$35O billion (Ss6o9 billion) a year Page 11
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    • Article
      To each his own
      24 1 PUERTO RICAN actor Raul Julia believes that each actor has to break the mould for himself or herself. Page 17
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    • Article
      New products coming
      36 1 NEW-GENERATION made-in-Singapore aerospace products will be manufactured over the next five years when American aerospace giant Al-lied-Signal Aerospace Company invests $5 million to $8 million in its Singapore plant. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      35 1 WALL STREET opened little changed yesterday from last Friday's close in a quiet summer session. The Dow Jones average of 30 industrials rose 0.45 points to 3,006.71 in the first hour of trading.
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    • Article
      Footsie down
      27 1 SHARES were lower in light trading at midday yesterday in London. At 1112 GMT, the broad-based FTSE 100-Share Index was down 8.0 points at 2,593.7.
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    • Article
      KL may open up issues
      24 1 MALAYSIA may allow foreign investors to subscribe for new share issues, especially those involving privatised government firms Page 3
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    • Article
      FELS profits fall
      42 1 FAR EAST Levingston Shipbuilding reported a 7 per cent drop in group after-tax profits to $13.1 million in spite of a hefty rise in group turnover to $207.4 million for the first six months of the year Page 3
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    • Article
      Talks on UMBC stake
      33 1 STATE-OWNED Perbadanan Nasional Bhd has begun talks with Pcrmodalan Nasional Bhd to sell its 85.7 per cent stake in Malaysia's third largest bank. United Malayan Banking Corp Page 3
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    • Article
      No change in loans
      20 1 COMMERCIAL BANKS' lending to the manufacturing sector stagnated in May, the latest statistics show. Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 705.05 -7.93 Kuala Lumpur ....593.16 -6.25 Tokyo 23,833.25 -194.72 Hongkong 4,063.01 +3.61 Sydney 1,575.2 -6.9 Friday Change New York 3,006.26 -11.41 London 2,601.7 +10.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7340 100 Yen SS 1.2629 MS SS 0.6228 Money market rates Overnight 4-1/2 -1/4 3-month 5-3/8 -1/8
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    • Article
      COMMODITIES
      36 1 London GoM AM fix USS355.60 -USS4.75 Rubber S'pore Sep 142.75«/kg -1.25 M'sia Sep 228.50«/kg +1.50 KL Tin Turnover 30 tonnes +11 Spot MS 15.40/kg -0.06 Crude palm oil Turnover 708 lots -1,062 Aug MS873/tonne +3
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  • Article
    Foreign banks to submit local accounts earlier
    443 1  -  New MAS ruling effective from 1992 By SN Vasuki FOREIGN BANKS in Singapore have been told by the Monetary Authority of Singapore (MAS) to submit their Singapore branch accounts within three months of the close of the financial year. The new rule will
    443 words
  • Article
    Moves towards growth triangle in north pick up momentum
    377 1  -  By Yang Razali Kassim MOVES to develop a northern growth triangle involving Malaysia, Indonesia and Thailand are gathering momentum. A private Malaysian think-tank has reportedly taken the initiative to further explore the idea with Indonesia and a 10-man mission was in
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  • Article, Illustration
    Lock icon Greenback conies under pressure in Asia
    130 1 THE US dollar opened sharply lower in Asia yesterday after a heavy sell-off in New York last Friday. The dollar opened at 1.7345 marks and 137.25 yen, compared to Friday's Asian close of 1.7640 marks and 137.75 yen. Sterling opened higher at 1.6910 dollars
    Chart by: TeleTrac  -  130 words
  • Article, Illustration
    Lock icon Gold slumps in spite of bullish forecasts
    151 1 GOLD has slumped to the lower end of its broad trading range of US$35O to US$42O. It fell heavily last Friday from a high of US$363 to a low of U*****.50, closing in New York at U*****.90. In spite of expectations of higher
    Chart by: TeleTrac  -  151 words
  • Article
    Lock icon Chinese economy growing too fast: study
    208 1 AFP BEIJING Chinese government economists published figures yesterday for the calendar year which showed the economy growing too fast and a worsening of structural problems. The economists, from the Chinese Academy of Sciences and the State Commission for Restructuring the Economy, said in a
    AFP  -  208 words
  • Article, Illustration
    The sooner the better, says business community
    544 1  -  Reaction to news of early election By Chuang Peck Ming THE BUSINESS community has welcomed the news of an early general election, saying it will help to give the Goh Chok Tong government more confidence to carry out its policies. "Mr Goh is
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  • Article
    Lock icon Indon state enterprises may use ethnic Chinese managers
    222 1 Agencies JAKARTA Indonesia is considering recruiting ethnic Chinese professional managers to help run state enterprises in a move that would give the minority group a bigger role in the government, according to press reports yesterday. The Minister for State Administrative Reform, Sarwono
    Agencies  -  222 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      223 1 me show you the 31 4 fccraft Schedule 27 KLSE 21 Weather 27 Commodities 26 Money Changer Rates 27 World News 8 Company News 3.4,5 Money Market 25 For market indices, editorial. Crypt* Crossword 27 Regional News 7 advertising and circulation exEdrtonal 10 Regional Stock Markets 24 tensions, call Business
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      Page 1 Advertisements Column 2
      12 1 US dollar set to recover despite talk of rate cut, Pg 25
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    • Advertisement
      Page 1 Advertisements Column 3
      218 1 me show you the latest N ikons at Photo Fair *91 at The World VE. Trade Centre, Hall 3, From 31 Jtiljr-4 August Nikon i«JI Mus Chtnat IntenuumuJ "91 PC maker Advanced Logic Research heads for the big time, Pg 13 THE G L O B E BUILT TO CRITICAL
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        S'pore still among top 3 business centres: Beri
        86 2 SINGAPORE is still among the world's top three business centres, and will remain one of the most creditworthy nations, says American risk analyst Business Environment Risk Intelligence in its latest business risk survey. The survey, the second of three Beri produces a
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      • Article
        Thahir estate hearing adjourned
        101 2 THE hearing of a claim by three parties to the US$65 million (S$ 110.5 million) estate of Achmad Thahir, former number two man in the Indonesian state oil company Pertamina, was adjourned for a week by the Singapore High Court yesterday. The adjournment came after an
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      • Article
        Polish trade team in town
        81 2 THE Polish Chamber of Commerce is sending an 11-man trade delegation to Singapore from today to Thursday. Led by president Dr Andrzej Arendarski, the delegation will meet members of the Singapore Federation of Chambers of Commerce and Industry. They will discuss trade opportunities and industrial
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      • Article
        Envoy presents credentials
        35 2 JAPAN'S new ambassador to Singapore, Takehira Togo, presented his credentials to President Wee Kim Wee at the Istana yesterday morning. Mr Togo succeeds Tatsuo Yamaguchi, who left his post here in June.
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      • Article
        Cleanathon '91
        40 2 THE Singapore Vocational Institute is organising Cleanathon '91, a community service and fund-raising project, on Sunday. About 1,300 people are expected to take part in the event which will be held at Crawford Park and the adjoining beach.
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      • Article
        New ICs for Thomson residents
        71 2 ABOUT 57,000 pink and blue identity cards holders from Thomson Constituency will, over the next nine weeks, re-reg-ister for the new identity cards. The nine-week exercise, which started yesterday, will be held at the Thomson Community Centre. Registrants who have received the Application for an
        71 words
    • Article, Illustration
      Rough ride for coach operators
      378 2  -  Bad business made worse by poaching By Hong Lee Tiam SINGAPORE coach operators, already hit by the falling number of tourists, are finding whatever little business they have left being poached by their Malaysian counterparts. The situation turned bad after the start of the Gulf
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    • Article
      World cruise industry to meet in S'pore
      254 2 A MAJOR international cruise convention, Seatrade Asia Pacific Cruise Convention (SAPCC), will be held in Singapore in November. The two-day conference at the Westin Plaza, starting on Nov 26, is sponsored by the Singapore Tourist Promotion Board in association with the Port of
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    • Article, Illustration
      28 more Tanjong Pagar shophouses for sale
      257 2  -  By Colin Tan A FURTHER 28 shophouses in the Tanjong Pagar Conservation area are to be offered for sale. Situated along Tanjong Pagar Road, they are among the last 110 units earmarked for conservation to be offered for sale in the area. A
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      148 2 O ECICS PTE LTD Now offers you all the Export Credit Insurance services previously provided by its parent company. In other words, BUSINESS AS USUAL ECICS Pte Ltd is a newly-incorporated subsidiary which has taken over the business previously handled by the Export Credit Insurance Corporation of Singapore Limited. Offering
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    • Advertisement
      Page 2 Advertisements Column 2
      256 2 c^3 SINGAPORE INSTITUTE OF mm MANAGEMENT Strategic Planning for Marketing Managers September 26 27,1991 SS4IO SIM members/Ss49o non-members All too often, managers are so preoccupied with operational problems that they overlook the need to anticipate the challenges ahead. This seminar has been specifically designed to provide a practical and hands-on
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  • COMPANY NEWS 1
    • Article, Illustration
      Lock icon M'sia may let foreigners subscribe for new shares
      550 3 Move part of plan to boost absorptive capacity of market Reuter Bernama KUALA LUMPUR Malaysia may allow foreign investors to subscribe for new share issues especially those involving privatised government firms, the Kuala Lumpur Stock Exchange (KLSE) executive chairman Nik Mohamed Din
      Reuter; Bernama  -  550 words
    • Article
      Shipbuilder FELS' profits fall 7pc despite big rise in turnover
      379 3  -  By Dexter Lee SPECIALIST ship and rig builder Far East Levingston Shipbuilding (FELS) posted a 7 per cent drop in group af-ter-tax profits to $13.1 million despite a hefty 76 per cent rise in group turnover to $207.4 million for
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    • Article
      More destinations for Trade winds soon
      325 3  -  By Rahita Elias SINGAPORE AIRLINES' subsidiary, Tradewinds, will fly to three secondary Indonesian points early next year after it acquires a 50-to-80-seater aircraft. According to SlA's in-house magazine Outlook, Tradewinds is also considering plying new destinations in Indochina, Indonesia, Malaysia and Thailand over the
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    • Article
      Healthy profits likely for Sembawang Shipyard this year
      681 3  -  THE HOCK LOCK SIEW COLUMN Existing strategic alliances in core businesses being deepened By Lilian Ang JUDGING from its solid interim results, Sembawang Shipyard should be pulling in rather healthy profits this year. Whatever their projections earlier, analysts all over town have
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    • Article
      Lock icon Ayer Hitam Tin ordered to settle UMBC loan
      305 3 Bernama KUALA LUMPUR Ayer Hitam Tin Dredging Malaysia Bhd has been ordered by the high court here to pay M 54.5 million (SS2.B million) to United Malayan Banking Corporation (UMBC) over a loan default. The bank's solicitors notified the company on Aug
      Bernama  -  305 words
    • COMPANY BRIEFS
      • Article
        Amcol Holdings director charged
        98 3 AMCOL HOLDINGS' director Kang Hwi Wah was charged yesterday with receiving $1.5 million from the managing director of Science Engineering Investment Pte Ltd, Mr Yoshiharu Miyake. Kang is alleged to have received the money on March 9, 1990, as a reward for proposing to influence Bank
        98 words
      • Article
        MAS expects better results
        77 3 KUALA LUMPUR After a difficult year due to the Gulf War, Malaysian Airline System Bhd is optimistic that its performance in the current financial year will improve, its chairman Tan Sri Mohar bin Raja Badiozaman said in the company's latest annual report. He made the forecast
        77 words
      • Article
        KFC first-half earnings jump
        46 3 KUALA LUMPUR KFC Holdings (M) said group net earnings for the half-year ended June 30 totalled M 56.67 million (Ss4.l million), 176.1 per cent more than in the previous period. Earnings per share amounted to 7.6 sen. No interim dividend was declared.
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      • Article
        Corrections and clarifications
        41 3 SINGAPORE Shipbuilding Engineering pointed out yesterday that Commodore Teo Chee Hean was appointed to its board on Aug I, and not to the board of subsidiary Singapore Electronic Engineering as reported earlier. We are sorry for the error.
        41 words
    • Article
      PNB in talks to buy UMBC stake
      454 3  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S state-owned Perbadanan Nasional Bhd (Pernas) has begun talks with Permodalan Nasional Bhd (PNB) to sell its 85.7 per cent stake in the country's third largest bank, United Malayan Banking Corp (UMBC). The deal, which could cost
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    • COMPANY BRIEFS
      • Article
        Ampolex expects to see fall in profit
        101 4 SYDNEY Oil producer Ampol Exploration Ltd said it expects its results for 1991/92 to be below those for the year to June 1991. Ampolex earlier reported that its net profit trebled in the year to June 30 to A 548.1 million (5564.4 million),
        101 words
      • Article
        Wharfs cable TV plans
        76 4 HONGKONG Press reports said Wharf Holdings is prepared to invest up to HK$5 billion (SSl.l billion) over five years in a new cable television network for Hongkong. Quoting the company's executive director Mr John Hung, the reports said that despite the disastrous end to the group's
        76 words
      • Article
        Coles Myer sales up 1.5pc
        74 4 MELBOURNE Coles Myer Ltd said its sales for the year to July 28 rose 1.5 per cent to A$ 14.94 billion (Ss2o billion) from AS 14.72 billion in the previous year. Sales in the fourth quarter rose 0.7 per cent to A 53.63 billion. Coles
        74 words
      • Article
        Aussie-Thai satellite tie-up
        58 4 SYDNEY Government-owned telecommunications group OTC Ltd said it has signed a contract with the Stock Exchange of Thailand (SET) for an undisclosed sum to provide a two-way satellite communications service for the exchange. OTC said the service would be provided as a joint venture with the Samart
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    • Article
      Lock icon Manila determined to merge stock exchanges
      628 4 But cost of unification could push bourses into the red, say some Reuter MANILA The government is bent on unifying the Philippines' two stock exchanges in a shot-gun marriage by March, even though some exchange officials seem cool to the plan and a founding
      Reuter  -  628 words
    • Article
      Bangkok looks into Hopewell's tax requests
      320 4 BANGKOK Hopewell Holding Co's request for generous tax incentives for its BtBo billion (SSS3O million) rail/road and real estate projects in Thailand will be looked into by a multi-agency working group appointed by Prime Minister Anand Panyarachun. The Nation reported over the weekend. Cabinet
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    • Article
      CP Telecom signs contract for two million lines with Thai govt
      259 4 BANGKOK After a fivemonth delay, the telecommunication arm of the Thai Charoen Pokphand group has signed a government contract to provide two million telephone lines in Bangkok. Charoen Pokphand president Dhanin Chiaravanond said CP Telecom is expected to install
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    • Article, Illustration
      Lock icon Honda Motor Co's founding father dies
      475 4 Obituary Reuter TOKYO Mr Soichiro Honda, son of a poor bicycle repairer, fulfilled a childhood dream and rose to head one of the world's biggest carmaking empires. He saw his first car at the age of eight in 1913 when a Model-T Ford rumbled
      Reuter  -  475 words
    • Article, Illustration
      Lock icon Seoul to invite foreign bids for high-speed rail network
      349 5 Tender is for supply of USsB.3b of technology, rolling stock FT SEOUL South Korea will shortly issue long-awaited invitations to foreign consortia to bid for the supply of technology and rolling stock for a US$B.3 billion (5514.4 billion) high-speed railway network,
      FT  -  349 words
    • Article
      Lock icon Sun Co's revamp to result in job cuts
      194 5 Reuter RADNOR, US Sun Co Inc said a planned restructuring will result in "substantial" job cuts and a related charge later this year. The company also said it plans to reduce its ownership of real estate by at least 50 per cent,
      Reuter  -  194 words
    • Article
      Lock icon Pharmaceuticals help Akzo beat forecasts
      344 5 Reuter AMSTERDAM A rise in profits from pharmaceuticals and lower financing charges helped Akzo NV beat analysts' forecasts of secondquarter earnings. Net profit for the quarter fell to 190.5 million guilders (SS 168.8 million) from 205.7 million in the year earlier period, but was better
      Reuter  -  344 words
    • Article
      Lock icon Chilean copper firm's profits fall 39pc
      178 5 AFP SANTIAGO The stateowned Corporacion del Cobre de Chile (Codelco), Chile's largest company, suffered a sharp drop in earnings during the first half of 1991 compared with the same period last year, the copper company said. Profit after taxes for the period from January
      AFP  -  178 words
    • COMPANY BRIEFS
      • Article
        Pepsi to start Myanmar production this month
        93 5 BANGKOK Pepsi-Cola International, a division of US soft-drinks giant PepsiCo Inc, expects to start production in Myanmar by the end of the month, a company executive said. Pepsi formed a joint venture with a private Yangon concern, Myanmar Goldenstar Enterprises, last year and
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      • Article
        Drug Emporium sees a loss
        81 5 COLUMBUS, US Drug Emporium Inc said it will have a loss for the second quarter ending Aug 31 after a US$2.4 million (554.2 million) charge for inventory adjustments and a US$l million charge for closing its unprofitable five-store Jacksonville, Florida, operation. In last year's second
        81 words
      • Article
        Ferruzzi to sell stake to Gardini
        110 5 MILAN Idina Ferruzzi, the wife of industrialist Raul Gardini, agreed to sell her 23. per cent stake in family holding Serafino Ferruzzi Sri for 505 billion lire (***** million). The Ferruzzi and Gardini families, which have been divided over management of the Ferruzzi agro-indus-trial
        110 words
      • Article
        Gabelli group cuts Ferro stake
        80 5 WASHINGTON New York financier Mario Gabelli and his affiliates said in a Securities and Exchange Commission filing that they have reduced their stake in Ferro Corp to 8.39 per cent or 1,590,700 common shares. The group said it sold a net of 178,400 shares between
        80 words
      • Article
        Casino makes gain on US unit
        104 5 PARIS French supermarket group Casino said it will receive a net gain of about 280 million francs (SsB2 million) from the public placement of 5.35 million shares in its US subsidiary Smart and Final Iris Corp (SFI). Casino said in a statement that SFI
        104 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      462 3 (OWN A SHOPHOUSE IN TAN JONG PAGAR CONSERVATION AREA) Revitalising the Tanjong Pagar Conservation Area is f a challenge that URA has undertaken with /V yr success. We sold about 200 shophouses in the f area over the past 3 years. From a once derelict state, the Tanjong Pagar area
      462 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      162 4 MMMBM—MM—i /If •'v;^4 ri^B WgM iSßpv i-.<*m%m '■Jjßsjfe,-; ,s .tfti&miy; ;*?gg&aME i^»«fct^teaB!>gMa ■-Mm' gftfr.Vlv '»li;i^gg^gprr gr* fa :r. V•>•^BBK-fe> 20? v/ i#'?i^aßfl^^P^^^^Bl^Olßßß iIHP /^^H Well suited to the business pocket. Unlike other luxury hotels that boast every luxury (at equally luxurious prices), we believe that the Carlton is just right
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      Page 4 Advertisements Column 2
      68 4 ppr Oscars >\l \i) l>\YS Oscars presents the best salad bar in town. 14 varieties ol cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at veiy satisfying prices. Come down for a quick bite or a lazy meal. Brasserie Bar 30
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      144 5 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? □PM£S?M -Ma '^lg THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo just complexes, Thai Cargo has all the facilities to safely handled and all documents in
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Commercial Union's new chief in Singapore
        71 6 SINGAPORE UK-based Commercial Union in Singapore has just appointed Mrs Margaret Yang to head its operations. The company also acts as the regional office for the Far East. Commercial Union, which has representation in more than 80 countries worldwide, opened in Singapore in 1984.
        71 words
      • Article
        Paribas, Fougerolle join forces
        106 6 PARIS French banking group Cie Financiere de Paribas and civil engineering group Fougerolle have combined their holdings in Ste Auxiliare d'Entreprise (SAE) to give them more than 20 per cent of the French building firm's capital and voting rights. The two firms, which each hold around
        106 words
      • Article
        Fourth Financial to cut jobs
        78 6 WICHITA, Kansas Fourth Financial Corp said as part of a profit improvement plan it will reduce its workforce by eliminating approximately 250 full-time positions, or 11 per cent of its staff. The move will result in a one-time pre-tax charge of US$4.O million against third-quarter
        78 words
      • Article
        Financier buys Procidentia stake
        84 6 STOCKHOLM Lundbergforetagen AB, controlled by businessman Fredrik Lundberg, said it had bought around 6 per cent of the votes in investment firm Forvaltnings AB Providentia for some 400 million crowns (Ssllo million). "It is correct," said Claes Vikbladh, portfolio manager at Lundbergforetagen, referring to a report
        84 words
      • Article
        DnB, Vital deny merger report
        108 6 OSLO Den norske Bank, Norway's biggest bank, and Norwegian life insurance firm Vital Forsikring A/S have denied a newspaper report that they planned to merge. "Merger plans do not exist," Vital said in a statement after Norwegian financial daily Dagens Naeringsliv said in last Saturday's
        108 words
      • Article
        Banks in ECO urged to tie up
        104 6 KARACHI, Pakistan Pakistan's central bank governor has called for joint venture banks within the Economic Cooperation Organisation (ECO) of Turkey, Iran and Pakistan. The ECO must enhance banking relations, said I A Hanfi, governor of the State Bank of Pakistan (SBP), while inaugurating
        104 words
    • Article, Illustration
      Lock icon Kaifu plans measures to tighten controls over securities industry
      570 6 Reuter TOKYO Japanese Prime Minister Toshiki Kaifu told Parliament yesterday that he will present a bill to tighten controls on the scandalplagued securities industry. Speaking at the start of a two-month special session, Mr Kaifu said it was deplorable that Japanese
      Reuter  -  570 words
    • Article
      Lock icon Dim outlook for US banking reform
      447 6 The BCCI collapse Reuter WASHINGTON Scandals over Bank of Credit and Commerce International (BCCI) and domestic savings-and-loan institutions are likely to make it tougher for President George Bush to push through reform of the fragile US banking system. Sweeping plans are well in hand
      Reuter  -  447 words
    • Article
      Lending by banks grows at slower rate in S'pore
      334 6  -  By S N Vasuki SINGAPORE Commercial banks' lending to the manufacturing sector stagnated at the year-ago level in May after a slow growth of around 4 per cent in the previous two months. This was disclosed in the monthly statistical bulletin
      334 words
    • Article
      BNS arranges loan for Thai bank
      225 6 SINGAPORE The Singapore branch of the Bank of Nova Scotia Asia Ltd (BNS) has arranged a US$22 million (5537.4 million) syndicated offshore loan for First Bangkok City Bank (FBCB), its fourth loan syndication for a Thai company in two months. This loan for FBCB,
      225 words
    • Article
      Lock icon Banks gain experience from Gulf instability
      548 6 Reuter AFP ABU DHABI Political instability in the oil-rich Gulf over the past decade has complicated regional banking, but has also made the burgeoning sector more experienced and immune to crises, Gulf bankers believe. With critical government help, most banks have managed to pull
      Reuter; AFP  -  548 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      402 6 Morgan Grenfell Co. Limited t (Incorporated in the United Kingdom) BALANCE SHEET AS AT 31ST DECEMBER 1990 1990 1969 1990 1909 rooo rooo rooo rooo SHARE CAPITAL 125,000 125,000 Balances, with bankers and money RESERVES 76,034 93,776 at call 426,354 368,220 SHAREHOLDERS' FUNDS 201,034 218,776 Certificates of deposit and bills
      402 words
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  • THE REGION
    • Article
      Japanese investor voices optimism about Thailand
      316 7 Firm plans to buy into more companies BANGKOK Japanese businessmen remain confident about investing in Thailand, says a report in The Bangkok Post quoting an investment company with strong links with Thailand. The company, Japan Asian Investment Co, was convinced that changes in the
      316 words
    • Article
      Lock icon Fall in Aussie inflation may trigger rate cut
      377 7 Reuter SYDNEY Australia's annual inflation rate is forecast to slide to its lowest in almost 20 years, a level that analysts say will make it virtually irresistible for the Labor government to cut interest rates for the third time this year. Market
      Reuter  -  377 words
    • Article
      Lock icon Impact of NZ Budget on inflation understated, say economists
      268 7 Reuter WELLINGTON Advisers to the New Zealand government have probably underestimated slightly the Budget's contribution to inflation, but the impact will have dropped out of the annual calculation by late 1993, say economists. Treasury forecasts included in the Budget last week
      Reuter  -  268 words
    • Article, Illustration
      Lock icon Aquino govt faces challenge from Imelda
      448 7 Reuter MANILA After surviving six coup attempts and a series of natural disasters, the government of Philippine President Corazon Aquino faces yet another challenge Imelda Marcos. The possibility of the former First Lady's return from exile poses a major new threat to Mrs Aquino
      Reuter  -  448 words
    • Article
      Lock icon Breakthrough in N-waste storage by Aussie group
      295 7 Reuter SYDNEY Australian scientists believe they have found the answer to one of the biggest dilemmas of nuclear power how to dispose of radioactive waste safely, and for good. Waste nuclear power stations' produce stays lethal for thousands of years after burial, but
      Reuter  -  295 words
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      Page 7 Advertisements Column 1
      387 7 Editorial, Pg 10 With an infinite spectrum of powerful desktops for your use, Until September 30, 1991. we are extending special offers why continue to stand alone? for you to migrate to PATHWORKS easily and at significant j PATHWORKS THE PERFECT SOLUTION FOR DESKTOP cost reductions. I INTEGRATION You can
      387 words
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      Page 7 Advertisements Column 2
      72 7 THE MYSTERY OF THE COUPLE WHO COULDN'T STOP EATING CURRY TIFFIN WILL BE UNCOVERED ON 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. XjQAPOj^/ BAFFLES HOTEL lIOHNI WITH IM lurrn, lAI AND BILLIABD BOOM. BAFFLES CULL. TIFFIN BOOM. WBITEB'S BAB. LOUT BAB AND FUNCTION ABBAS INCLUDING THE EAST INDIA
      72 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Japan studying energy loan package to China
        72 8 TOKYO The Japanese government is studying the possibility of offering a third loan package to China for the purpose of energy development, an Export-Import Bank of Japan official said. The official declined to provide further details, noting that the loan was still under
        72 words
      • Article
        Start treaty applauded
        102 8 BEIJING Asia's communist stalwarts China, North Korea and Vietnam applauded in unison yesterday the signing of the Strategic Arms Reduction Treaty (Start) by the world's two superpowers. All three socialist governments issued statements welcoming the treaty signed last week in Moscow by US President George Bush and
        102 words
      • Article
        Thai money supply rises
        115 8 BANGKOK Thailand's M 2 money supply rose an estimated 1.5 per cent in June to 1,646.6 billion baht against a revised 1.0 per cent monthly growth in May and 1.8 per cent increase a year ago, the Bank of Thailand said. The bank earlier put the
        115 words
      • Article
        Rock stars against price-cuts
        79 8 CANBERRA Australia's leading rock stars told the government yesterday that plans to lower the prices of compact discs (CDs), records and tape cassettes would destroy their industry. The artists, agents and record company chiefs had an hour-long meeting in parliament with Treasurer John Kerin in an
        79 words
      • Article
        M$30m boost for Langkawi
        88 8 KUALA LUMPUR A MS3O million (5518.6 million) marina club project, now under construction, is expected to boost Langkawi's aim to be the region's top island resort, says a report in the Malaysian Business Times. When the marina club is ready in 18 months, a Ms3B million
        88 words
      • Article
        Indon tourism growth slowing
        88 8 JAKARTA After two years of sensational growth, Indonesia's tourism is likely to see only 7 per cent growth this year, says a report in the Jakarta Post quoting Joop Ave, directorgeneral for tourism. This is after a growth of 30 per cent last year and 25
        88 words
      • Article
        Latest Soviet fighter jet for India
        86 8 NEW DELHI The Soviet Union, India's main arms supplier, has offered its latest fighter as an alternative to a light combat aircraft (LCA) New Delhi has been trying to develop for the past few years, reports said yesterday. News reports said Moscow has assured
        86 words
      • Article
        India-Nepal trade talks
        62 8 KATHMANDU High-level Indian and Nepalese delegations discussed here on Sunday a proposed programme of economic cooperation between their countries, a Nepal ese Foreign Ministiy official said. The Indians expressed a desire to increase Indian-Nepalese trade, the official added. The two countries agreed in February that an economic
        62 words
    • Article
      Lock icon Soviet minister warns of famine
      200 8 Reuter MOSCOW The Soviet Union faces "a real threat of famine" if this year's harvest is not successfully completed, a top government official said in an interview broadcast last Sunday. Soviet First Deputy Prime Minister Vladimir Shcherbakov's warning on television was part of a buildup
      Reuter  -  200 words
    • Article, Illustration
      Lock icon Gorbachev takes big step towards free economy
      411 8 Edict orders immediate increase in food and consumer goods AP MOSCOW Soviet President Mikhail Gorbachev has ordered an immediate increase in production and imports of food and consumer goods in his first major step towards a market economy since meeting world leaders last
      AP  -  411 words
    • Article
      Lock icon German plan to link assistance to arms
      460 8 AP BONN Germany plans to trim back aid to developing nations that give higher priority to weapons purchases than to books and butter, according to a newspaper. But a rift has developed within the government over how much of a cut those nations
      AP  -  460 words
    • Article
      Lock icon S Korean deficit hits US$7b in first seven months
      195 8 Oana-Yonhap SEOUL South Korea's current account deficit swelled to around US$7 billion (S$ 12.2 billion) in the first seven months of the year as government efforts to rectify the trade imbalance were hampered by a fear of trade friction with industrialised
      Oana-Yonhap  -  195 words
    • Article, Illustration
      Lock icon Yeltsin's ban on party cells widely ignored
      443 8 AP MOSCOW Russian President Boris Yeltsin's decree requiring the dismantling of Communist Party cells in factories, schools and offices formally took effect last Sunday, but party leaders apparently ignored it. The communist leaders appeared to be playing a waiting game, hoping Mr Yeltsin
      AP  -  443 words
    • Article
      Lock icon Recession, fall in inflation pull down UK wage level
      252 8 Reuter LONDON Britain's recession and a drop in inflation are continuing to exert strong downward pressure on pay ic ttkif nti The independent Industrial Relations Services (IRS) said last Sunday that data on pay settlements for the whole economy showed a
      Reuter  -  252 words
    • Article
      Lock icon Vietnam to hold talks with China
      248 8 AFP HANOI Vietnamese Deputy Foreign Minister Nguyen Dy Nien will open talks on Thursday in Beijing on improving relations with China, the Vietnam News Agency (VNA) reported yesterday. The Vietnamese envoy, a member of the Communist Party Politburo's Central Committee, would also discuss Cambodian
      AFP  -  248 words
    • Article
      Lock icon US-EC deadlock threatens to continue stalling Gatt talks
      323 8 NYT WASHINGTON A continued stalemate between the US and Western Europe over agricultural subsidies is making the completion of a new global trade agreement increasingly unlikely this year, say US government officials and private trade experts. Indeed, the inability of negotiators to
      NYT  -  323 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      310 8 POLYTEK WEARNES HOLDINGS LIMITED (Incorporated in Singapore) Notice of Annual General Meeting NOTICE IS HEREBY given that the 7th Annual General Meeting of the shareholders of Polytek Wearnes Holdings Limited will be held at 18 Jalan Kilang Timor #03-00, Singapore 0315, on Wednesday, 28th August 1991 at 2.30 pm for
      310 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      251 9 (What leading industry consultants are saying about NCR's System 3000/ ■■The technology and the product strategy are brilliant. Even if NCR delivers only half what it promises, it warrants the serious attention of every OIS Planner. We applaud NCR for swinging for the home run. JJ -Gartner Group FrnLM—. your
      251 words
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  • Article
    NZ-bound? Do sums first
    498 10 EDITORIAL THE MESSAGE in New Zealand's helpyourself budget last Tuesday was loud and clear: New Zealanders must start saving for their health care, education and retirement. In just nine months, Finance Minister Ruth Richardson literally tore apart New Zealand's 50-year-old welfare system, easily the most generous
    498 words
  • WHAT THE OTHERS SAY
    • Article
      Unequal summit
      215 10 THE Soviet Union as the world has known it the mighty empire that was a dangerous military and ideological threat to the world and had friends and allies in every continent (except Australia) to do its bidding is now history. What will ultimately take its place is impossible
      215 words
    • Article
      Going international
      142 10 SINGAPORE is taking another step towards realising its visions in the Next Lap. TTic formation of the Singapore International Foundation (SIF) last week will help the Republic to strengthen its international network. The foundation will play a crucial role, considering that there are more and more Singaporeans either
      142 words
    • Article
      Lesson for small nations
      160 10 IS the situation in the Gulf much safer now, as US Defence Secretary Dick Cheney has said? From the US military standpoint, the answer may be obvious. But for small nations who are neighbours of Saddam Hussein, the question of safety cannot be guaranteed just by
      160 words
  • REGIONAL VIEWPOINTS
    • Article
      Respect for the press
      144 10 IN order to ensure a fair and balanced reporting on Asean countries by the foreign press, Asean leaders must be open-minded and try to see the constructive side of the press, instead of being paranoid and suspicious that all foreign journalists want to do is use
      144 words
    • Article
      Time to take action
      222 10 ECONOMIC sabotage is what comes to mind concerning the current bout of cement shortage that has become almost as annual affair. According to Domestic Trade and Consumer Affairs Minister Datuk Abu Hassan Omar, the current production rate of 6 million to 7 million tonnes a year
      222 words
    • Article
      Bridging the gap
      149 10 SUMITRO Djojohadikusumo, regarded as the guru of Indonesian economists, joined the public debate on the problem of equity an increasingly heated issue after President Soeharto's tough warning on July 21 to large firms to share their wealth with cooperatives. Mr Sumitro observed: The roots of the problem
      149 words
  • Article, Illustration
    Lock icon US banks in need of rejuvenation
    1528 10  -  Many of America's big banks face a scary decision today: merge or die. Davia Hage and Sara Collins report David Hage and Sara Collins US News and World Report THE press conference at Manhattan's Helmsley Palace was barely over when John McGillicuddy lit a
    US News and World Report  -  1,528 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      54 10 DOONESBURY BY GARRY TRUDEAU DO YOU SXP6CT HIM BACK 56T THIS STRAIGHT. HI 500N 1 1KNOUJ15HOUUP YOU'Rd A FORM6R "FRJGND' UPJ vT au AND YOJRS FILLED YOU HAVZ CAUW AH6AP, OF HQ'S, AND YOU'VE- SHOUJN UJHAT, HIS RIGHT IN BUT I WAG AFRAID HZ UP H&RZ UN ANNOUNCE? HOP- CI3ANIN6
      54 words
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  • ANALYSIS
    • Article
      Lock icon Plastic issuers try to play their cards right
      1019 11  -  The US credit card market is worth US$35O billion a year. Judith Rehak reports on the battle to win consumers over Judith Rehak IHT THE hottest battle of the summer is being fought by credit card issuers striving for a share of
      IHT  -  1,019 words
    • Article, Illustration
      USSR: why a mixed economy cannot work
      1334 11  -  Yunqi Li examines the latest Soviet plan to reform the economy, and finds that the plan is still based on socialist principles Yunqi Li The writer, an economist with The People's Bank of China, is a Visiting Fellow of The Institute of East
      1,334 words
    • Article
      Lock icon Lure of a game
      515 11  -  US companies are now using games, contests and sweepstakes to reach consumers. Stuart Elliott reports Stuart Elliott NYT MORE and more of the US's most prestigious marketers are playing games with consumers. And consumers do not seem to mind. In fact, they are playing right along.
      NYT  -  515 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      161 11 y \ir It takes more than just luck to prosper from property investment. The wrong strategy could leave you in a very difficult position. At Jones Lang Wix>tton tnir philosophy is to plan ahead, to ensure that you always make the smartest moves. Our 260 strong Singapore team is made
      161 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      344 12 t >~"1. .1 ■/ajfe' 'if* 9 *****'-!'***I**'"*''1 i **7" V* T 1 v pg v /■>>♦ <_ "w* 'N' j •••'-< v *«<*•«- > v--.,*» m> > > vr v ».<*•' s. "*«•*-><<•*' s < >* y •VW>->1I» <- r v > -< What's Better < «•-^r-^-v u; 1 rr:
      344 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Advancing towards the big league
      534 13  -  ALR, in which Wearne Brothers has a 40 per cent stake, has set its eyes on joining the leaders in the PCs market. Joseph Rajendran finds out more about ALR's quest while Carolyn Lim talks to chairman and co-founder Gene Lu about his management style
      534 words
    • Article, Illustration
      Thriving on creativity
      334 13 THAT Gene Lu believes his staff should have the freedom to be creative comes as no surprise. After all, it is Creativity with a capital "C" which propelled his company, Advanced Logic Research (ALR), to where it is today. As a manufacturer of personal computers based in
      334 words
    • Article
      Lock icon Unease grows under the ozone hole
      558 13 NYT THERE is no sign of panic in Punta Arenas. In fact, the only health warnings in this windblown, 19th-century port in southern Chile are how to prevent the spread of cholera. But there is reason for low-grade uneasiness. For the past four years,
      NYT  -  558 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      511 13 lIIiMIMbW The Software Of 1 YOUR DREAMS i r r.i'LF^~~" the irrformation from FAST FACTS: theki l <* software 1 /rff// It uses your almost exactly what ffi(f([ computer to solve 'uklT you and a big staff I,j one of tKe biggest idm eedm, ashoo and would do if there
      511 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      315 14 READY FOR OCCUPATION SOON! A> V JT 5 X J|| jMfc rt f* f 4 /a WOODLANDS 1 f 1 d lf\ %^J>^! o w\ A B CHANa CENTRAL LOCATION o| Conveniently linked to major expressways and the island-wide MRT J network (via Bishan MRT station that's only minutes away)
      315 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Lock icon Windows to the industry's riches
      2357 15  -  On the way to its current dominance, Microsoft and the intensely competitive William Gates have angered many rivals and even some former partner*, including IBM. Now, almost everyone in the industry is hatching plans to try to derail Microsoft's runaway growth and its control over
      NYT  -  2,357 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      220 15 I For 2 days in September, eminent international technologies and local experts I will meet to address a range of issues pertinent to Singapore organisations in our increasing technology pervasive economy and society. The theme of the conference is S T, The Next Phase Effective Technology Acquisition, Marketing and Resource
      220 words
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      Page 15 Advertisements Column 2
      269 15 Hgn CONFERENCE comS? qi Desktop comrec 9i visions The COMTEC '91 Conference duces you to DESKTOP MAINFRAME, a term aptly coined to describe the exciting prospect of many new and powerful applications. With the latest microprocessing technology, this will soon be within easy access to millions of users. Hardwareßreakthroughs v
      269 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      229 16 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to lO.OOipm daily. A MEMBER Of
      229 words
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      Page 16 Advertisements Column 2
      233 16 m DIAN XIN TEMPTATIONS Continuing the parade of culinary gems irxxxnparabte Ruyi offers a fine selection of Dion Xin. From our creative A ta Carte menu, treat yoursetf to all the Dian Xin you can enjoy for 16.80 perpereon. Open daily from 11:30 am 2:3opm for lunch, and 6:3opm 10:30pm
      233 words
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      Page 16 Advertisements Column 3
      171 16 Urn dmf Sxfit/um 7&e£camefo z, Feel its spaciousness and elegance. For a unique dining Plaza offers ASEAN, ORIENTAL and WESTERN cuisines. T T Be spoilt for choice Plaza Hotel todav! sirioAPUMt luudjri «ADMKOlOU»ruitinvlTlflC AmilSMflapi*t'U7ll)Vi 29HU111 W€llw ricl^cl Hi T^St Delights at Cafe Aladdin ICalling all Hi Tea Buffs Cafe Aladdin
      171 words
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      Page 16 Advertisements Column 4
      243 16 I f-e Cut <!it Uf I With over 60 traditional specialities at our extrava- jttHß gant French buffet, better make your move before it j passes you by. We serve the ivorld to you at The Belvedere. j j French Buffet Lunch Noon 2.30 pm Adult: $36+ Child below 10:
      243 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      637 16 TELEVISION AND RADIO Dloiiinn U QT !2 Bre7~—- SSJK. Ha laying ner song a s=«~ sr«= HsjS";ss,»™ TJ» maHiilnnjlL.iax .5 7.26 5.10(»il, 3.25«u: Financial News 8 Framed Roger Rabbit? (See (Umbo (Cartoon). 5.15 am: Business Matters In Gnzzly A our Choice. Stereo) S-00 National News (M). Who Framed Roger Rabbit?,
      637 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Breaking the stereotype
      987 17  -  Puerto Rican actor Raul Julia is known for his roles in Kiss of the Spider Woman and Romero. He spoke with Mary Talbot before going to Argentina to star in a film based on Albert Camus' novel The Plague. Mary Talbot NTY TALBOT: Camus' Plague was a
      NTY  -  987 words
    • Article
      Lock icon Pregnant with own grandchildren
      839 17  -  A 42-year-old grandmother is expecting her own grandchildren twins produced from her daughter's eggs, fertilised with sperm from her daughter's husband. Gina Kolata raises issues about surrogacy. Gina Kolata NYT IN A SMALL Midwestern city, a 42-year-old woman, a school librarian, is pregnant with her own
      NYT  -  839 words
    • Article, Illustration
      Prince Charles gets lower rating in polo
      538 17 CHATTERBOX PRINCE CHARLES' rating as a polo player has been lowered by the sports' ruling body. In its annual review of players' ratings, the Hurlingham Polo Association in England decided to lower his handicap from four to three. The four-goal handicap had put
      538 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      233 17 AND ENTERTAIN Businessman's Buffet At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00+-I- per person. A ana hotel
      233 words
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      Page 17 Advertisements Column 2
      145 17 il =1 7lfC*~~ Pekin 9 Roasted Duck i Complimentary Birttvlay C ake Ick Birthday Celebrations v 4 Boo* 2* hr» ,n advanc*) W3 11 Lobster Salad with Fresh Fruits Season Vegetable with jjp Start's Fr with Crab Meat Black Mushroom Deep Fned Crispy Chcken Brased Seafood Noodes i Red Fish
      145 words
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  • SPORTS
    • SIDE LINES
      • Article
        Richard beats Geddes for Phar-Mor title
        95 18 VIENNA, Ohio Deb Richard rolled in a 15-foot birdie putt on the first playoff hole, from virtually the same spot she missed a potential winning putt moments before, to beat Jane Geddes and win the Phar-Mor on Sunday. Richard, who won a playoff at
        95 words
      • Article
        A big lift for Sampras
        101 18 LOS ANGELES Second seed Pete Sampras got a big confidence boost on Sunday when he held off fourth-seeded fellow American Brad Gilbert to win the U*****,000 Volvo of Los Angeles tennis tournament. Sampras, who is looking to recapture his 1990 form in time to defend
        101 words
      • Article
        Gomez wins US Pro
        89 18 BROOKLINE, Massachusetts Andres Gomez of Ecuador won his third US Pro tennis title on Sunday with a 7-5, 6-4 victory over top seed Andrei Cherkasov of the Soviet Union. The victory, following championships in 1986 and 1989, was the most recent triple win since Bjorn Borg
        89 words
      • Article
        Archer holds on to title
        98 18 JERICHO, New York Defending champion George Archer held off Jim Colbert and Larry Laoretti on Sunday to retain his title in the U*****,000 Northville Long Island senior golf tournament. Archer, who started the final day in a tie with Laoretti, shot a 3-under-par 69 for
        98 words
      • Article
        Barr clinches Cadillac Classic
        72 18 BRAMPTON, Ontario Dave Barr won the Cadillac Golf Classic for the third straight year, taking US$B5,OOO of US$2OO,OOO in the Skins Format event on Sunday. It could have been even more, but the Canadian missed a 2-foot birdie putt worth US$5O,OOO on the 18th hole at
        72 words
      • Article
        Three Asians for snooker event
        89 18 STOKE, England A record contingent of three Asians will take part in a world ranking snooker event in Britain at the Rothmans Grand Prix in October. Hongkong's Franky Chan, Sam Chong of Malaysia and Thai star James Wattana are all through. Chan beat England's Steve
        89 words
    • Article, Illustration
      Lock icon Santa Monica team chases world record
      389 18 AP MONACO Carl Lewis is putting the track world on notice: after leading the Santa Monica Track club to tie the world record in the 400-me-tre relays at a weekend meet here, he is ready to better the mark. One of the top invitationals,
      AP  -  389 words
    • Article
      Lock icon Mears clinches first Marlboro 500
      323 18 AP BROOKLYN, Michigan Rick Mears took advantage of a race of attrition on Sunday to win his first Marlboro 500, fending off a late challenge from Arie Luyendyk. It was the eighth 500-mile (805-km) victory for Mears, who also won his fourth Indianapolis 500 in
      AP  -  323 words
    • Article, Illustration
      Lock icon Seles loses match, world number-one ranking
      357 18 AFP CARLSBAD, California Monica Seles lost more than just the title when she was beaten in three sets by Jennifer Capriati in the final of the San Diego Classic here on Sunday she also lost her world number-one ranking to arch-rival Steffi Graf. Seles,
      AFP  -  357 words
    • Article, Illustration
      Lock icon Montgomerie lands biggest prize of European Tour
      316 18 Reuter STOCKHOLM Big-hit-ting Scottish golfer Colin Montgomerie squeezed out Spain's Seve Ballesteros to land the £100,000 (*****,000) first prize at the Scandinavian Masters on Sunday. Montgomerie picked up the biggest cheque on the European tour by shooting a final five-under 67 for an
      Reuter  -  316 words
    • Article
      Lock icon Faxon putts his way to first victory on US PGA Tour
      426 18 AFP GRAND BLANC, Michigan Par putts were the key for Brad Faxon on Sunday as he defeated Chip Beck in a sudden death play-off to win the Buick Open. Faxon, who became the fifth straight first-time winner on the
      AFP  -  426 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      333 18 Ci| FAR EAST LEVIINCSTON ISM SHIPBUILDING LTD PELS (Incorporated in the Republic of Singapore) The Directors advise the following unaudited results of the Company and the Group for the six months ended 30 June 1991: COMPANY GROUP 1991 1990 1991 1990 $'000 $'000 $'000 $'000 Production revenue (See Note below)
      333 words
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      Page 18 Advertisements Column 2
      417 18 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 SANDEN CENTRE (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of the Company will be held on the 6th day of September 1991
      417 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks continue decline in quiet trading
      887 19  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market continued their decline yesterday after five straight days of losses last week. Trading was quiet and thin as investors preferred to stay on the sidelines. Reflecting the lack of fresh buying interest, the
      887 words
    • Article
      Untitled
      3965 19 Gr'» Gr's 1991 Tel Last Vol Day Last QwXe DW DW Yld Net M Cm High Low Code Company Sale +or- (WO) High Low Bayer Seller CV P/E $mil INDUSTRIAL COMMERCIAL 285 1 62 1000 Aetna 226 19 226 225 225 227 10.0N L5 *4 llo i38 5~ m Wil
      3,965 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3894 20 Main Board OUE 675 +10 +1.5% Pnma 585 +io +1.7% Semb Shipyard 710 +5 +0.7% RDC 344 4 +1.2% SBS 170 +4 +2.4% SPC 50* 330 2 +0.6% Sup Metal 20* 56Y> +IVi +2.7% City Dev Wt 25 +1% +6.4% Tiger Med 20« 204 +1
    3,894 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon KL prices register their sixth straight fall
      785 21 MBT EXTENDING last week's retreats, share prices on the Kuala Lumpur stock market had another lower closc in sluggish trading yesterday. This was the sixth consecutive day of decline for the market with sentiment depressed by the lack of fresh market-moving factors and
      MBT  -  785 words
    • Article
      Untitled
      3345 21 I»1 Last Vol Day Net Cap High Low Coatpany Sale VOO High Low P/E Smil INDUSTRIALS 245 165 AISB 50* 208 -1 II 209 208 50.7 213.4 560 310 ASM 50* 472 -2 58 478 472 42.1 1938.2 600 280 Acidchem 515 unch 35 515 515 221.4 685 192 Ajinorooto
      3,345 words
  • Page 21 Advertisements
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      252 22 r '"H"J to* Ymc GrwipN* N«t Mroiags Gross mm to pr«m/lMs (L) m Om dlvtowd ('tM) (c«rts) M Credit Jul 31 Mar 91 $14,284(J5.986 4.4(1.9) 5(2.5) Summa Irrv Jul 29 Mar 91 J3,435(13.2021) 2.3(—) Golden Hope Jul 18 Mar 91 M$39.619($59,793) 4.7(7.1) 6(9) Asia Pac Land Jul 16
      252 words
    • Article
      PRELIMINARY RESULTS
      236 22 C»f—y Mt Y«ar Grwp pre-tax Nat aaraiags Grass mm to praflt/lMS (L) par tkart <Md»ad COM) (caats) Malayawata Aug 2 Mar 91 M$51.065($31.216) 38(23.2) 7.5%TE(2%TE) Khong Guan Jul 30 Apr 91 $312l($316l) 4(4) RasM Hussain Jul 24 M$68,223($30,105) 24 9(19 4a) 5(4.5a) Kamunting Corpn Jul 19 Mar 91
      236 words
    • Article
      INTERIM RESULTS
      370 22 Company Date Half-year Group pre-tax lutorim ami to profit/lass (L) dhrWand COM) S UOB Aug 2 Jun 91 $145,382i($139,065g) 8(8) UOF Aug 2 Jun 91 55,532 ($6,9%) Wris Hyd Aug 1 Jun 91 M$10.228 ($9,339) 5 Steamship Aug 1 Jun 91 $20,719($20,534) CB Jul 31 Jun 91 $18,626g(18.339g)
      370 words
    • Article
      CORPORATE DEVELOPMENTS
      590 22 Aug 5 Singapore SNpbukfing t Engineering has clinched a contract totalling more than $60m for the outfitting of three Republic of Singapore Navy vessels. The United Overseas Bank group has launched a full-service travel firm, UOB Travel Planners, which caters to both the business and leisure travel needs
      590 words
    • Article
      DIVIDENDS ANNOUNCED
      573 22 Carraat Ex Inks Date Total far Total far paywiaat data daaa payaMt Ota yaar last yaar AMP NYA(e) Jun 19 U4 Ai« 15 NYA 2 8C Aln Hdgs 50c 61(b) Sep 4 Sep 16 Sep 30 6% 61 Am Pk Ld 50c 2*(b) Jul 18 Ai« 1 At«
      573 words
    • Article
      RESULTS DUE
      557 22 Main Board Last Full Year Company Period Datt Year Nat EPS Grou Nat annoiiKad amine (cants) dv profit last year (rOOO) Ceretoos Intenm Apr 27 Jul 91 12.6 20 OTE(a) 38,911 Spora Land Interim May Dec 91 12.6 10.0 44.641(g) Jirag Sip Intenm Jul 27 Dec 91 50
      557 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      879 22 Piteas at at 05.08.9ll Cimnioi tanas Pramima/ "1 Expiry (disca—t) Ammmt Optional" using Issued Company (mil Wrts Skaro Loan Cam Exar Lnstfc Cask Cash. Loan Caariag, Data Mtfcs units) stock ratio prica nam Stk, Loft i— z VMM S s Burwill 115.2 0.235 0 690 1.00
      879 words
    • Article
      APPROVED ISSUES
      242 22 Company Rights Issue Bdton One-for lour MS2 00 per stare Ei-date Jul 16 Books dose: Jul 30 Acceptance Payment Sep 10 kfrw Hyd Four-for-fne MSO 65 per share Ex-date Jul 25 Books dose: Aug 8 Acceptance Payment NYA Nat Kap One-tor two JO 80 per share Ex-date Aug
      242 words
    • Article
      PROPOSED ISSUES
      517 22 Company Rights Issue Asa Pac Land One-tor two MSO 65 per share Atones Ted> One-tor-one gj> per share Baton Issue of $90 978m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of S2 nominal amount of Bonds for every
      517 words
    • Article
      BONDS, LOANS & WARRANTS
      756 22 BONDS, LOANS WARRANTS Cmpwiy Conversion period Conversion term ter one ordinary share Bml Nt Before 30/6/94 1 warrant plus HKJl00 cash C&C m Before 26/4/93 1 warrant plus *3 09 cash Cawmray Lain Causeway Nt 2/10/89 to 20/10/94 1 warrant plus J077 cash or 1 warrant plus $077 nominal amount
      756 words
    • Article
      COMPANY MEETINGS
      294 22 Buiut Sembawang Estates Ltd: 25th AGM at the Summit Room, Valley Wing Lobby Level, Valley Wing, Shangri-La Hotel, 22 Orange Grove Road, Singapore 1025 on Tuesday. Aug 6, at 12 noon. National Kap Ltd: EGM at the Conference Room, 1 Third Chin Bee Road, Singapore 2261 on Thursday,
      294 words
    • Article
      RECORD HIGHS & LOWS
      167 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h*h. 1333 08 (3/6/91) 1991 N* 1565.58 (3/6/91) 1991 low. 1022.52 (16/1/91) 1991 low: *****8 (16/1/91) 1990 Ndt *****3 (16/7/90) 1990 htfc 1607.12 (27/3/90) 1990 low: 981.07 (09/11/90) 1990 tar 1079.50 (11/10/90) 1989 l*fh: 1322.00 (28/12/89) 1989 I*e 1487.76 (26/12/89)
      167 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      60 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from vour usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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      Page 22 Advertisements Column 2
      10 22 THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Businessßmes
      10 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks slide close to day's lows in thin trade
      2225 23 Reuter TOKYO STOCKS drifted down through the day yesterday to close near their lows in the slowest trading day in over seven years. Investors basically decided to take the day off and keep their eyes on the opening of an extraordinary
      Reuter  -  2,225 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ends modestly up at record high
      1886 23 Reuter HONGKONG stocks climbed marginally yesterday to end at a second straight record high close despite choppy trade and investor indecisiveness. The blue-chip Hang Seng Index rose a meagre 3.61 points to a record high close of 4,063.01, settling midway between an intraday
      Reuter  -  1,886 words
  • Page 23 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie mining stocks pull down market
      • Article
        AUSTRALIA
        895 24 THE Australian share market closed lower yesterday under the weight of sharp falls in prices of precious metals and caution triggered by the start of the profit-reporting season. Brokers said weakness on Wall Street and lack of interest caused by yesterday's bank holiday in New South Wales also contributed
        895 words
      • Article
        MANILA
        545 24 PHILIPPINE shares edged slightly higher in light trading yesterday as telephone blue chip PLDT's weekend gain in New York inspired some bargainhunting. But brokers said the rise was confined to a few stocks as the general sentiment remained dampened by uncertainties over the fate of the US military bases
        545 words
      • Article
        JAKARTA
        653 24 JAKARTA stock prices fell yesterday, with foreign buyers showing little enthusiasm even for blue-chip companies. The index fell 2.04 points to 334.01 on a turnover of 4.14 million shares. "There was not much interest on the foreign side. Last month's was a shortterm rebound," one broker said. The market
        653 words
      • Article
        NEW ZEALAND
        245 24 THE New Zealand share market was still struggling to find its feet yesterday after last week's budget, ending slightly lower on small volume. It was a typically slow start to the week, made even slower by a bank holiday in Sydney. Turnover was worth a meagre NZ$l2.5 million
        245 words
      • Article
        SEOUL
        774 24 SEOUL'S stock-market index soared to close at another year high in hectic trading as waves of buying swamped profittaking. "Instantly profit-taking occurred, it was swallowed by fresh buying power," Daishin Securities broker Yoo Hong-in said. "Buying interest spread from securities and bank issues to trade, construction, and petrochemicals." The
        774 words
      • Article
        BANGKOK
        654 24 THAI STOCKS closed sharply lower on a moderate 3.3 billion baht turnover yesterday with finance issues leading the broad-based decline. The SET Index lost 12.50 points to close at 709.35. Declines led advances by 160 to 37. Siam Cement fell eight baht to 628, Bangkok Bank six to 304
        654 words
      • Article
        TAIPEI
        446 24 LATE selling in textile stocks pulled Taiwan's stock index to close below the supporting 5,000 points. Dealers said the index will fall futher in the near term. The weighted index tumbled 179.03 points or 3.5 per cent to end at 4,881.65 compared with Saturday's 5,060.68 close. Turnover was NT523.13
        446 words
      • Article
        Untitled
        432 24 INDICES TURNOVER Close Prerfow \ug 5 AUSTRALIA All Ordinaries Index 1575.2 1,582.1 -6.9 All Industrials Index 2401.6 2,411.6 -10 All Resources Index 939.6 944.0 -4.4 Turnover (million) 65.03 110.4 -45.37 BANGKOK SET Index 709.35. 721.85 -12.50 Turnover (billion baht) 3.3 3.36 -0.06 JAKARTA Composite Index 334.01 336.05 -2.04 MANILA Composite
        432 words
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      Page 24 Advertisements Column 1
      27 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.
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar set to recover despite talk of rate cut
      358 25 Market has discounted easier Fed policy Reuter THE DOLLAR will rebound strongly from current support levels despite market speculation that a Fed easing is inevitable, analysts said. "If we sit on the support levels here, a 3 to 5 per
      Reuter  -  358 words
    • Article
      Lock icon Turkish loan market set to pick up after Treasury completes deal
      605 25 Reuter ISTANBUL Turkish activity on the syndicated loan market will pick up after the Treasury completes an ag-gressively-priced mediumterm deal seen as a new benchmark for further borrowings, bankers said. "The Turkish borrowing market is coming back to its
      Reuter  -  605 words
    • Article
      Lock icon US dollar trades narrowly in cautious Asian market
      976 25 REPORTS Reuter ASIA Tokyo: The US dollar traded narrowly yesterday in late Asia trade in a market cautious after the currency's sharp fall in New York last week, dealers said. "The market has been very, very cautious. Everybody is watching the major
      Reuter  -  976 words
    • Article
      FINANCIAL FUTURES
      1068 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.01 94.03 94XM 94.02 3000 ***** 4316 Dec 91 93.65 93.66 93.65 93.66 2507 ***** 7309 Mar 92 93.59 93.62 93.59 93.60 1800 ***** 2133 Jun 92 93.20 93.21 93.19 93.19 500 2352 403 Sep 92
      1,068 words
    • Article
      INTERBANK FOREX RATES
      396 25 Cross rates Aug 5 USS SS MS Dm Yen SFr AS NZS i USS 1.7360 2.7800 1.7345 137.25 0.5903 1.5080 1.2837 1.7422 J I SS 0.5760 1.6014 0.9991 0.7906 0.3400 0.8687 0.7395 1.0035 1 MS 0.3597 62.45 0.6239 0.4937 0.2123 0.5424 0.4618 0.6267 Dm 0.5765 1.0009 1.6028
      396 words
    • Article
      MONEY MARKET
      544 25 Interbank rates SS Bid Offer j Overnight 4 1/2 4 3/4 1-month 5 3/16 5 5/16 2-month 5 5/16 5 7/16 3-month 5 3/8 5 1/2 Overnight mode: 4-13/16 L'SS Bid Offer 7 days 5 13/16 5 15/16 1 month 5 13/16 5 15/16 2 months 5 13/16
      544 words
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  • COMMODITIES
    • Article
      Lock icon Manila lowers coconut output forecast by 16pc
      340 26 Reuter MANILA The Philippine coconut production forecast for 1991 has been revised down to 2.07 million tonnes in copra terms or 16 per cent lower than the 2.48 million forecast last December, the country's coconut association said yesterday. Lower rainfall in some co-conut-growing
      Reuter  -  340 words
    • Article
      Lock icon Opec should be prepared to cut output, says Algeria
      351 26 Reuter TOKYO The Organisation of Petroleum Exporting Countries (Opec) should be prepared to cut production if oil prices remain weak as Iraq and Kuwait resume oil exports, Algerian Energy Minister Nordine Ait Laoussine said. "If Iraq and Kuwait start exporting oil
      Reuter  -  351 words
    • Article
      M'sian tin market falls on lower LME close
      842 26 REPORTS THE PRICE of tin settled six sen easier at M$ 15.40 per kg on the Kuala Lumpur Tin Market yesterday. There was some selling pressure in early trade following the US$2O per tonne drop on the London Metal Exchange last Friday.
      842 words
  • Article
    PRICES
    1369 26 Rubber Aug 5 Scents/kg Noon Close Int 1 RSS Prompt 142.25/143.25N 141 00/142.00N lnt 1 RSS Sep 91 144 00/144.50 142.75/143.25 Int 1 RSS Oct 145.50/146.00 144.50/145 00 lnt 2 RSS OP 14I.0CVI43.00N 141 00/I43.00N Int 3 RSS OP 139.00/141.OON 139.00/141.OON Int 4 RSS OP 134.50/136.50N 134.50/136.50N Int 5
    1,369 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1007 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 PARKWAY HOLDINGS LTD 5530,000,000 Guaranteed Floating Rate Notes Due 1993 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period 6 August 1991 to 6 November 1991, the Notes will carry a rate of interest of 6.6875
      1,007 words
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      Page 26 Advertisements Column 2
      6 26 Chartpoint iW in BT every Saturday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1104 27 C*y Fl«kt ETA Fl«kt ETP City Flgkt CTk FUght ETD Aka Dkaki GA893 1025 GA892 0110 MI211 1830 MI212 0820 Mllalil SQ228 2000 QF82 2200 Kjr a PK772 ?820 PK773 1965 RJ183 9929. iuta NmMi mh63i 1520 mh63q 0950 il E 2 sk ssa ss as
    1,104 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Take time to stare — at wall murals
      686 27  - Take time to stare at wall murals POSTCARD FROM SHEFFIELD By Patricia Wee There is a town that stares at you as you drive through it. But it doesn't mean to be rude. On the contrary, its people are extremely good-natured and it is their friendliness that has prompted them
      686 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3433 1.3S43 Canadian dollar 1.4897 1.5123 NZ dollar 0.9834 0.9983 Sterling pound 2.9180 2.9626 US dollar 1.7280 1.7320 Local dollars to 100 units of foreign currency Austrian schilling 14.03 14.24
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      93 27 Duration Title Venue Organiser Td Aug 6-9 IV Jewellery Buenos Aires, Rossi Heinlein *****1-9413 International Argentina Asociados SA Exhibition Aug 18-20 International Germany Mode Woe he- 4989$ 1990 Fashion Fair Munchen GmbH Aug 20-31 Izmir Turkey Izmir Fair *****1 SO International Organisation Fair Duration Title Venue Organiser
      93 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      42 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77 We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 27 Advertisements Column 2
      20 27 mWMKEE 'J^ them 'M? l^^t A/v*. K H 10-year period? WSk NEW, NEWS, NEWSY ItlfSß From lunch-time. Monday to Saturday.
      20 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      264 27 8 Making when "^T~~ 9 Attending in lieu of, to AM WM 10 Too much time that's 12 |j jj j j 11 To the fish, in turn, she's I adding the finishing tou- |HHH IH HHI 13 Separated from, is not in- __l^ 14 We have insets showing po
      264 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      202 27 Singapore Outlook: Showers over a few areas in late morning and early afternoon. Report Maximum temperature 32.3* C Assoc humidity 54% Minimum temperature 25.1* C Assoc humidity 83% Hours of sunshine 7.55 Rainfall in mm Nil Rainfall this month 6.5 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond.
      202 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      34 27 I:Z ImICT3IGOOD WEAVGNSf TWe I'LL PiC< UP OJHGRG I UJWAPO" ISTW\<S Piug-OFOLP &"74r o, cS^L 0FF..... juMK PTT Twe r M^KJSCR'jpT OF MV E>PC< OF D&W£l* NOVEL UV\NC> DEATH CVEMMQ STANOARO CO LTD, HB-IWI
      34 words
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  • Article, Illustration
    $24.9 m consultancy job for underground roads awarded
    427 28  -  Big spinoffs from PWD project for local contractors By Lilian Ang THE government has awarded the first of a series of contracts for its $1.5 billion underground-road network plan, a project which promises to have huge spin-offs for local contractors. Two foreign
    427 words
  • Article
    Lock icon KL under pressure to put the lid on rising inflation
    556 28 Reuter KUALA LUMPUR Latest figures show Malaysia is facing a worsening inflation problem and suggest that authorities will have to make some tough decisions soon to deal with it, analysts say. Inflation, as measured by the consumer price index (CPI),
    Reuter  -  556 words
  • Article
    Lock icon Bangkok to merge all Asean trade proposals into one
    359 28 Bernama-Xinhua BANGKOK Thailand will integrate all Asean trade proposal concepts to come up with an Asean free-trade area proposal aimed at intensifying intra-Asean economic cooperation and integration, a Foreign Ministry source said here yesterday. The key to the successful establishment of
    Bernama-Xinhua  -  359 words
  • Article, Illustration
    In Indochina, three can play the same game
    739 28  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent THE THREE Indochinese countries appear to be yanking themselves out of the 1950s into the decade of surprise, surprise the *****. The three are determined to revive their frumpy
    739 words
  • Article, Illustration
    Lock icon M'sian army to resume joint exercises with SAF next year
    321 28 Bernama KOTA TINGGI, Johor The Malaysian Armed Forces will resume its bilateral exercises with the Singapore Armed Forces (SAF) from early next year, a senior Malaysian army official said yesterday. Malaysia's Chief of Staff Armed Forces High Command, Lieutenant-General Datuk
    Bernama  -  321 words
  • Article
    Lock icon Bank founder spent more than US$1.6m
    373 28 The BCCI Collapse Agencies LONDON The founder of the Bank of Credit and Commerce International (BCCI) ran up expenses of more than US$l.6 million (552.78 million) in the year ended April, The Guardian newspaper reported yesterday, citing sources close to the bank. The newspaper
    Agencies  -  373 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      148 28 _4L Baume Mercier GENEVE 1830 MB I uni-t>all A MITSUBISHI PENCIL CO.. LTD. JAPAN What We Have Done M H To Give You These yJB' Fine Liners J^ First we make their metal ball tips £m Im u highly durable to acquire instant ~w £m Should any one of them
      148 words
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      Page 28 Advertisements Column 2
      12 28 Baume Mercier GENEVE 1030 Dim outlook for US banking reform, Pg 6
      12 words
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  • SHIPPING TIMES
    • Article, Illustration
      Allied Signal's local plant to develop new products
      333 29  -  By Harish Mehta NEW-GENERATION made-in-Singapore aerospace products will be manufactured over the next five years when American aerospace giant Allied-Signal Aerospace Company invests $5 million to $8 million in its Singapore plant. This single investment is part of a growth-trend in the
      333 words
    • Article
      Lock icon Pan Am to dismiss 20pc of workforce in weeks ahead
      377 29 NYT NEW YORK More than a fifth of the employees of Pan American World Airways will lose their jobs in the next few weeks, the troubled carrier said last Friday. Pan Am, which is operating under US Bankruptcy Court protection
      NYT  -  377 words
    • Article
      Lock icon Painful choices for TWA preferred holders
      191 29 NYT NEW YORK The terms of the proposed reorganisation of Trans World Airlines last week were especially painful to the holders of TWA's preferred stock. It was just three years ago, in August 1988, that Carl Icahn, the TWA chairman, asked investors to give
      NYT  -  191 words
    • Article
      Lock icon Soviet railways in critical state: minister
      178 29 Reuter MOSCOW The Soviet railway industry is in a critical state, with both freight and passenger traffic falling sharply, Railways Minister Leonid Matyukhin said last Sunday. Speaking to Moscow radio on the occasion of Railway Workers' Day, the newlyappointed minister said haulage revenues were
      Reuter  -  178 words
    • Article
      INDEX TO ADVERTISERS
      896 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8
      896 words
    • Article
      Hai Sun Hup's airfreight unit expands operations
      373 29  -  By Rahita Elias HAI SUN HUP's airfreight arm MO Air International (S) has rapidly expanded its operations since it started full scale operations in March last year. The airfreight company has nearly doubled its staff strength from 17 to 30. It recently shifted
      373 words
    • Article
      Lock icon Two ships collide in Straits of Gibraltar; officer missing
      284 29 AP CEUTA, Spain A Norwe- i gian freighter collided last Sunday in dense fog in the < Straits of Gibraltar with a Li- J berian ship and sank two I hours later, a government i spokesman said. < An officer from
      AP  -  284 words
    • NEWS SUMMARY
      • Article
        Dwindling maritime assets
        66 29 EUROPE is dependent on foreign trade to maintain and expand that climate of well-being, prosperity and social balance it has already achieved. Foreign trade depends on the shipping industry to provide the efficient transport it needs to stay competitive in the world market at reasonable prices. If
        66 words
      • Article
        Japan may delay purchase of Awacs
        46 29 IN WHAT may be the start of a new dispute between Tokyo and Washington over military technology, Japanese officials say that they may be forced to delay or cancel plans to buy a fleet of American-made surveillance aircraft. Back Page
        46 words
      • Article
        Bomb threat received by Greek liner: police
        40 29 THE Greek cruise ship Oceanos, which sank off South Africa's "Wildcoast" with 580 people on board, was subject to a bomb threat shortly before it set sail, police said last Sunday Back Page
        40 words
      • Article
        Antenna malfunctions plague US spacecraft
        38 29 ANTENNAS on six major spacecraft malfunctioned or were impaired by other glitches during the last 17 months, threatening the crucial flow of information from missions that cost US$5.3 billion (559.2 billion) Back Page
        38 words
    • LOG BOOK
      • Article
        German minister a spy: report
        35 30 BONN German Transport Minister Gunther Krause worked as an informer for the East German Stasi secret police from June to September 1989, according to a television programme broadcast last Saturday.
        35 words
      • Article
        Kuwait's main port of Shuwaikh reopens
        83 30 KUWAIT Kuwait's main commercial port of Shuwaikh has reopened on Saturday to international shipping, just over a year after Iraq's invasion forced its closure. The last ship to dock at Shuwaikh was on July 29, 1990. Shuwaikh was capable of handling ships carrying cargoes
        83 words
      • Article
        TV soundman dies in accident
        74 30 JOHANNESBURG A soundman with Visnews, the international TV news agency, was killed in a road accident on Sunday while covering the sinking of a Greek cruise ship in heavy seas off the South African coast. Aziz Tassiem, 27, was driving from a rescue centre established
        74 words
      • Article
        Supertanker spills oil
        66 30 CAPE TOWN A Norwegian-registered supertanker was leaking oil off South Africa's eastern coast on Sunday after its steering gear was smashed in the same violent storm that sank a Greek cruise ship. A large slick spreading from the supertanker, the Mimosa, was being sprayed by a South
        66 words
      • Article
        Plane makes emergency landing
        73 30 ISLIP, New York A PanAm flight from Europe to New York City made an emergency landing on Sunday at Long Island's Mac Arthur Airport because of low fuel. There were no injuries. PanAm flight No. 92 from Hamburg, Germany, to Kennedy Airport, an Airbus 300, landed
        73 words
      • Article
        UFO floating beside Atlantis
        64 30 HOUSTON It wasn't a bird or a plane and it certainly wasn't Superman, but the identity of a mysterious object that floated beside the shuttle Atlantis still eludes US space agency officials. The object, about 1.5 m long and slightly resembling a car bumper, was videotaped
        64 words
      • Article
        Shark alert on Italian Riviera
        52 30 ROME Port authorities have stepped up patrols on the Italian Riviera after several vacationers reported sharks approaching their boats near the coast. A Genoa port official said his office had sent five boats to cruise the waters around Santa Margherita Ligure and other posh resort
        52 words
    • Article, Illustration
      Lock icon Dwindling maritime assets
      1054 30 There's growing concern about the state of European shipping. Will Europe see its 20 per cent share of the maritime market decline further? International Transport Journal EUROPE is dependent on foreign trade to maintain and expand that climate of well-being, prosperity and social balance it has already
      International Transport Journal  -  1,054 words
    • Article
      DAILY FREIGHTS
      665 30 DRY CARGO freight futures on Friday ended substantially lower due to near term oversupply, traders said. This applied particularly to the near August contract which was down 35 points at 1,430, as the next 10 days in the timecharter market looked especially weak, they added. However September pared
      665 words
    • Article
      THE SHIPPING GUIDE
      9930 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. Advanced dates are published for a maximum
      9,930 words
    • Article
      SHIPPING AGENTS
      3300 43 Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PI^PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ud (S) Ahreakiel Liner Service Kim Shpg A Trdg(S). Albatros Sen-Air Service: Frala Shpg Pte Ud (S). Alfred C Toepfcr Line:
      3,300 words
    • Article
      COURIER SERVICES
      253 43 AhMH Coartars Td: 545-8011. Fa*: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborae Freight C orporation Td: 542-8844. Fax: *****16, *****80. Ainwift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster Link Supplies A
      253 words
    • Article
      AIR FORWARDERS
      1529 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Actrrair Singapore Td: 542-7821 Fax: *****20. Aero!ink Freight Internatioaal Td: 545-8031 Fax: *****05. TdV*s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air Market Express
      1,529 words
    • Article
      PORT CONDITIONS
      412 44 Amman 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratu Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk terminal
      412 words
    • Article
      AIR FREIGHT SCHEDULE
      463 44 ARRIVALS DEPARTURES Op Flight Type ETA T Fro« Op Flight Type ETD T To TODAY TODAY NCA K.Z203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL FDX FM22 DC10F 0335 1 TPE/NRT/ANC JAL JL617 B747F 0345 1 NRT NCA
      463 words
    • Article
      SHIP SALES & TANKER RATES
      552 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Fong Yun: 12,3% dwt and built 1973, on offer at USS3.S million. Alma: 27,365 dwt and built, on offer at USS3 million. Levent kaptanoglu: 25,471 dwt and built 1977, on offer at USS7 million. Shetterdeckers Slagen: 12.764 dwt and built 1974.
      552 words
    • Article
      CRUISE & FERRY SCHEDULES
      351 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Dt p Ntt of Vessel FTA ETD Ports of Calls Port Agent MIC 07 07 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 08 08 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 11 11 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 12 12 Cora Princess
      351 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        617 45 No Berth AkM Depart#* Marina Terminal 1 Batam Maiu *****1 M03 06.08/2300 Batam Sayang *****A M04 ato(*wJe 05 08/2300 Batamndo 1 77S M01 alongside 0508/1700 Cttra Jaya 0802SA MC5 alongside 0608/0500 Gemah RipaH 020 M03 alongside 05 08/2300 Hong Soon 2 10/91 M01 alor*side 05 08/2000 Jaya
        617 words
      • Article
        IN MALAYSIAN PORTS
        213 45 IQWff ron Berth: 1: Kris Merubi; 2: Brasikana; 3: Dade; 4: Progressist; 5: New Diamond; 6; ml. 01 jetty: Maritime Pride, Subur. DCJ: Silver Pride. Dm on Aug 5: Svangen, Barge Josindo Satu. Din on Mu| 6: Howa Bum Han, Asif 11, Jati, Johan, Barge Munar No
        213 words
      • Article
        CONTAINER SCHEDULE
        881 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From ACX Lotus 156 06/1500 1 05/1500 05/1659 05/1900 ACX Rose 17A 07/1530 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 Aka Bhum 513N 06/1900 1
        881 words
    • Article
      Lock icon Japan may delay or cancel purchase of Awacs aircraft
      698 46 NTY TOKYO In what may be the start of a new dispute between Tokyo and Washington over military technology, Japanese officials say that they may be forced to delay or cancel plans to buy a fleet of American-made surveillance aircraft. The
      NTY  -  698 words
    • Article, Illustration
      Lock icon Bomb threat received: police
      470 46 Sinking of Greek cruise ship Reuter CAPE TOWN The Greek cruise ship Oceanos, which sank off South Africa's "Wildcoast" with 580 people on board, was subject to a bomb threat shortly before it set sail, police said last Sunday. A national police spokesman said harbour authorities
      Reuter  -  470 words
    • Article
      Lock icon Antenna malfunctions plague US spacecraft
      435 46 AP LOS ANGELES Antennas on six major spacecraft malfunctioned or were impaired by other glitches during the last 17 months, threatening the crucial flow of information from missions that cost US$5.3 billion (559.2 billion). The string of woes prompted engineers to conduct an extra review
      AP  -  435 words
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      Page 29 Advertisements Column 1
      26 29 Lines and services represented by Members of the Registry of Accredited Shipp»ngf>MWm\\ Agents, Singapore National Shipping Asso-temwJ>*j dation. /•'or advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 2
      247 29 BSWS HBVG METAL CO PTE LTD UTUASAVC U. SmOAFOf* 2MX TCLEX HS K»7» SHMC«. TEL: Ml SMS iSkMI TEL (FAX: Mt W4 s*\\ -hw MI4BMTM zxzl usm /fitful cL lllllil BaetK feartJM IB gffUjMMm] -M«LM /Cummin —a*"*"- tuutw lICHIra in T Ai Mi Jfc 4vliiyt«Wi *OTWMa inwi itf,r«Mli«* •nrrnH OCSMM
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      242 30 SALE OF VESSELS Empresa Lines Marltlmas Argentinas S.A. (ELMA) Is placing for sale following six multipurpose vessels as part of Its fleet replacement programme NAME YEAR CWT LOA BEAM ENGINE H/H GEARS MTNS MTR MTR BHP DRATUO DCHFORD DERRCKS MALVAGM 1979 ***** 141 20 5 8,000 5/5 4/22 TS 2/5
      242 words
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      Page 30 Advertisements Column 2
      50 30 B U S I N E S S__T__L_M__E__S rtarHONt ;iO-S»U/MO2 IS 9 Must Be Experienced in handling passenger cruisc liners. Familiar with S. E. Asian ports and regulations. Skilled negotiator diplomat Of highest operating standards. Call: 227 3050 Lightwinds Holdings Pte Ltd 20 McCallum Street #17-05 Asia Chambers Singapore 0106.
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      Page 31 Advertisements Column 1
      2311 31 M OOCL (S) PTE LTD JARDtNE SHIPPING AGENCIES till#* TEL: *****11 FAX *****09 All If# BOOKINGS TEL: *****34 *****58 TERMINAL/CPS TEL: *****18 -220 rCwafll PESAKA JARDINE SHIPPING AGENCIES SON. BHD \SSSF A PORT KELANG TEL: *****18 FAX *****91 *****88 zr— ~TZ —ZZ PTT PENANG TEL: *****4 FAX *****1 CFS TEL
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      Page 31 Advertisements Column 2
      3422 31 TWO SAILINGS PER WEEK TO INTRA ASIA SINGAPORE/YOKOHAMA 9 DAYS SINGAPORE/NAGOYA 10 DAYS Veeeel Voy ETA ETD 'Port •Perw>g~| Singapore Kafcng DESTINATIONS tm* «Mk MMKMd* umtk Fmam bv i 13/ a oaoo hrs pvh o H ■■■■I IH CfS ia/» 238» HRS OAK LOB HOU MEM ATL MIA CMS BAL
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      Page 32 Advertisements Column 1
      1117 32 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ELBE 06/131 8/8 31/ i 27/8 26/8 LEVERKUSEN EXPRESS 02/331 12/8 29/8 31/8 3/9 4/9 LONDON EXPRESS 03/132 15/8 6/9 3/9 2/9 j ALL MSTtOUND P. KITANO 09/332 18/8 4/9 6/9 9/9 10/9 OLAM PCNAN6 CARtt) HAMBURG EXPRESS 04/133 22/8
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      Page 32 Advertisements Column 2
      680 32 BEASPAC SERVICE DWECT SOUTH PACFIC SERVICE SIN NOU suv PPT IS LA FLOREANA 2509E8 2/9 IS/9 21/9 26/9 M.SO ACCEPTING CARGO MA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUAIOAFA EHRtCT CHILE/ SOUTH AMEBIC AW SERVICE SIN 100 ANF STO VAP CLX IS LA FLOfIEANA 2509E8 2/9 9/10 10/10 13/10 IS/10
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      Page 32 Advertisements Column 3
      1539 32 rgyi— xatmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND FbR EUROPE VSL/VOY SM ALfi Ml HAM BRE ROT ANT FEL LHA (MA (MA (MA ALfi) NAM) ROD NORASIA PEARL 9122-3 12/Ot 03/09 04/09 07/09 01/09 09/09 10/09 11/09 12/09 NORASIA PRINCESS 9123-3 11/01 08/09 11/09 13/09 14/09 15/09 16/09 17/09 11/09
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      Page 33 Advertisements Column 1
      2133 33 SgSleamera Maritime Holdings Ltd Wrf P&O PflV STRAITS SHIPPING I WSk Containers Ejm&S'XSZL**"**»0f No Pen/ -I-fkl Sport Alf Sou Ant Rot Hk| IfBE MAERSX 9110 03/ M 05/04 07/04 22/04 2S/0t 24/04 21/04 ACCEPTS DUE SAB.S PENNSU.A* BAT 0541 03/ M 05/ M U/M 21/04 29/04 31/01 CARGO LMOOt MAERSk
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      Page 33 Advertisements Column 2
      2181 33 K9 TO: U.S.A./PANAMA FM: U.S.A./PANAMA wssfivoT v ook m cm nw sa* not htc w»l toy ntc w» M» 01 im oak y GfMMN SENATOR £Fl3 10/1 4/1 1/1 IJ/1 *1/1 22/1 24/1 CHOTANG FMMTn DAI24 19/« 21/1 23/ C 21/4 7/7 1/7 CHOTANG PARK EH32 17/1 11/* 11/1 22/1
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      Page 33 Advertisements Column 3
      395 33 t/'/ l j!CTLfWW?TW!ig!t'ivfHlWi STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR TOKYO COSMIC PIONEER Vl5 ETA SPORE IN PORT ETA PK 7/8/91 ETA TOKYO 20/8/91 LOADING FOR YOKOHAMA/QBAKA COSMIC MASTER VI ETA SPORE 8/8/91 ETA PK 10/8/91 ETA YOKOHAMA 21/8/91 ETA OSAKA 23/8/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN A
      395 words
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      Page 34 Advertisements Column 1
      552 34 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE WL/VOI STOtt ROAM/VMM tfBUK BREMEN WITHBf xmikjum 5/1 7/9 13/9 17/9 20/9 KUTW/23W8 1/9 9/10 15/10 19/10 22/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sublet to Indue* in«nt Also accepting cargo to Casablanca, Port SaM, Port Alaiandrta, Genoa. Trtaata. ALSO ACCEPTING BOTH
      552 words
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      Page 34 Advertisements Column 2
      1059 34 lit ill I xy HANJIN SHIPPING I I S'pore LEH RTM ANR HAM BftV FEL i FEEDER VSL SIN LINE HAUL LGB OAK I HANJIN FELIXSTOWE OOSW 8/8 24/8 25/8 26/8 26/8 27/8 28/8 HANJM KAOHSIUNG 005E 5/« WRECT 26/» 29/» HANIM SEATTLE 019W 11/8 29/8 30/8 31/8 31/8 2/9
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      Page 34 Advertisements Column 3
      1311 34 d -Trl I d |«t SGP HIG ASG RIG W5 *T OS* NGY at TYO UX CHS BAI NYC LH» ANN AM n* WPSCMKI SSP I E GWNT <# o*4 0/0 7/0 12/1 14/1 IC/I 19/1 21/1 23/1 24/1 25/1 2t/l 0/9 U/9 20/9 22/9 1/11 2/1* 1/11 4/11 0/10
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      Page 35 Advertisements Column 1
      1889 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********06) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 Mw i AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 nK NEPUNE SON BHD MALAYSIA K.LMO3) *****33, P.
      1,889 words
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      Page 35 Advertisements Column 2
      997 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUWES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES InttJßM MSIKW-Wmi MmiSl CTBJ |m Iww Iwr law |wa Iwb
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      Page 36 Advertisements Column 1
      1629 36 K W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) V TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 |%J |4 MALAYSIA: "K" LINEMARmME (MALAYSIA) SON BHD AVL TEL: PJ*****00 PK *****01/5 PENANG62BS7S J*****01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT .NTERNUSA TEL: JKT *****76, *****77. *****0 f EXPORT
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      Page 36 Advertisements Column 2
      985 36 @S PHILI-OmCNT LIN€S PTC LTD 106 Robinson Road #07-00 GMG Budding Singapore 010 C Tai: *****22/*****69/*****00 Talsx: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR SEA.— WE TAKE ON THE WORLD FOR YOU flfg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 13 AUG MONTREAL. OTTAWA, TORONTO. 9 AUG DUBAI, DAMMAN.
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      Page 37 Advertisements Column 1
      1546 37 aaaaPfl pacific international lines <pte> ltd s_gJ»sjsM m P>l Bu>kj»nq, 140 Cecil Street *****, Singapore 0106. JAKARTA "1 |BANGKOK VESSEL VOY SM JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 14N S/S 11/S IS/S KOTA PAHLAWAN SI2S S/S 12/8 18/8 BUNQATSNATAI 323 11/S IS/S IS/S *°™52 22 22 IQUtTM
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      Page 37 Advertisements Column 2
      1062 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon' 268 9/8 26/8 27£8 29/8 30/8 Jullanda 266 I2£B 31/8 1/9 Arosa 278 15£8 3WB 1/9 3/9
      1,062 words
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      Page 37 Advertisements Column 3
      408 37 M MYANMA wUk FIVE STAB LINE (Myanmar National Lina) Loading for Yangon (Rangoon) S parc P.Ktt Pan P Gdf MYOMA TWA VI36N In PI MDtOI VIOBN 7/J Au« 4/« Au| AVA VIIOW 11/11 Ami 19/23 *u« HPA-AA VIMN H/22 Auf THE BANK LINE (A Mnric* of Andrew W«fc Shipping) YT
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      Page 40 Advertisements Column 1
      693 40 TO AUSTRALIA/NEW ZEALAHO fit iFrm IkWk |»r* I Am* |WC If CHALM martha i m u/« m/i n7i~ nTi 5/» sTi hum hum m ivi i/5 m TT7S ic/e Ts/i 15/5 m le/e 17/t n/t HJi iTii" i/i» ~s7ii C. KMK.NI 27«~ tS/9 I/1R 7/10 12/11 11/10 joTIo TO USA/CANADA
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      Page 40 Advertisements Column 2
      711 40 OMTBOUB VOY NO. PNC KT SW I MW. HKG HHH Kg TYO SMZ NCO HOB [[VESSEL DOT |SW [HO. fWB M.W 8W ra chorus za m ta ivs ai 2U 221 icaac m it u o» AC! ROSE 170 *9.8 8.8 131 17.1 19.8 23 8 24 1 24 8
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      Page 40 Advertisements Column 3
      182 40 S pfLAVXk'IR i W KALIMANTAN i I r DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK Vessel ETA/ETD KSTVUTKM NMGA 42 Voy 12/91 2/3 Auf J*arta/Paioii*«f I NMGA XXI Voy 17/91 5/6 Au t Jakarta/Paioirtiani I NMGA XXI Voy 18/91 S/9 Au| Jakvta/Pdombani J NMGA 42 Voy 13/91 12/13 Au| Jakarta/Polenta*
      182 words
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      Page 40 Advertisements Column 4
      1503 40 rilTfiTlii CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE KNJMMI HBMTS: SMGAPfIRF'S GFNERAI AGENTS *****1 MfTl CHUNG CHMO SHPPftG SON BHD SHPPING PTE LTD M- aOMI rU «i hl uam/f> nut wnu, »m Jl s "j!2! b rlt Llu MDONESU MMHTM yr vsMJiiir T^ksss™ GUM GUM) SHPPING SDN BHD TSm
      1,503 words
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      Page 41 Advertisements Column 1
      605 41 GUARANTEED CONBOL TO:- KEELUNG/KAOHSUNG 8.8.91 HONG KONG 11.8.91 BUSAN 11.8.91 BAN6KOK 11.8.91 EUROPE 11.8.91 TOKYO/KOBE/YOKOHAMA 11.8.91 USA 11.8.91 AUCKLAND 9.8.91 FREMANTLE 14.8.91 SYDNEY/MELBOURNE 9.8.91 FOft BOOKING PLEASE CALL AT OUR HOTLINE SM-015S (I LINES) FAX: *****92 PtXAM CONTACT CAMC TAN. KATMLVN TAV, MMA BAY WKMjN.MI FAST WRECT REGULAR SERVICE TO
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      Page 41 Advertisements Column 2
      417 41 TEL: *****33 (12 Unos) m FAX: *****18/*****03 OOj TELEX: RS ***** RISHIP (3 Llnoo) ETHIOPIAN SNIPPING LIES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ANDtNET 24W8 20/09 OAREBSALAAM MOMBASA DJIBOUTI AS3AB. MA3BAWA ABYOT 26W8 20/08 OARESSALAAM. MOMBASA. OHBOUTI ABBAB MASSAWA H UN
      417 words
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      Page 41 Advertisements Column 3
      926 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA H* ETA vm ran ulak pomm ■UK lAOE 20/1 load** tor Male MVM HUOHU 21/1 iMdwti tor Calcutta OOMR 19/1 load** Fw Mate men afne 12/1 loading Fw Male DONMQJLM 7/1 Loaded Fw fetwaru moss inn lt/s ia/s 12/8 LoadM| fw
      926 words
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      Page 41 Advertisements Column 4
      613 41 I_ «0 7/0 10/0 21R to Pt 0/0 103S IM U/0 CHMTA MM#' 1» 7/1 tot 10/0 J 01 14/0 17/0 WW— MM 0/0 It 11/0 B 104S 17/1 20/0 IMN> mm m 12/9 U/l U M w 22W T— 11/0 M U/l m wt wt m wt wt g
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      Page 42 Advertisements Column 1
      1112 42 MAC-NELS S'PORE MPORT:'22I6OO2 I I PENANG: (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 10 6/8 11 7/8 M n/FI,/Rdm/Ant tSkm I? 1 8/8 6/8 7/8 8/8 Gottwnburg/Stockhoim/Oilo 12/8 13/8 14/8 PiraMis/Ganoa/Trwstt PT» KLANG/PENANG Pt
      1,112 words
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      Page 42 Advertisements Column 2
      367 42 hBW; bloc stm line TO FROM MEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTB sm NPI ML LVT SM MULBERA 22S 11/1 21/1 VIA Wl 23/1 J/J MAHSURI 0602 27/1 9/9 VU NTt 10/J 27/* PWSWCT 14$ 9/9 29/9 VIA NPI 22/J FULLY CONTAINERISED SAILINGS DISCHARGING
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      Page 42 Advertisements Column 3
      1204 42 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #11-00 SJA BUILDING SINGAPORE 0106 TEL: *****H FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENWL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA 1 wwa w eta lien ipse l m vm f. KIM SOON
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      Page 44 Advertisements Column 1
      6 44 Read Chartpoint in BT every Saturday
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      Page 44 Advertisements Column 2
      137 44 up LIVING IT *3 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      137 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      279 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 **********00 0400 0500 0600 0700 0100 *************************5001(**********1900 **********00 2300 JR 09 08 08 09 1.1 1.3 16 1.7 18 1.7 16 1.4 13 13 14 1.5 18 2.2 2.5 2.7 2.6 24 2.1 16 PC 09 07 08 09 1
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      Page 46 Advertisements Column 1
      818 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUHD FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOT MR Ptt SW LME HAUL VOT LBH OAK SEA LIE HAUL DOT TCM/SIA PTI NAN HM 203 017 05/00 00/00 M/M LALAWIA 42£ 02/09 05/09 10/09 TRANSNORLD BRDGE SSE
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      Page 46 Advertisements Column 2
      158 46 PASJR GUD ANG/SJNGAPORE TWICE WEEKLY SAM.INGS QUE SAT) VESSEL VOY P.GUDANG S'PORE" JOSINDO SATU 022S 05/8 06/8 023S 09/8 10/8 024S 12/8 13/8 025S 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02)534-0042 a V i a wm m w M vis M M I
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      Page 46 Advertisements Column 3
      478 46 CHARTPOINT Every Saturday in Business Times |Fm*t tai [»n M [fcj 5 luu |0M |HOU |Mt lot/ IS IS IHTC OUR USA Mirn (Tt/0 ca ",7_ »m «7T msATOi wcwrn ttmw 7-t/i aT aT jT a/i" a/i~ a7i~ an ii7T SERVICE CALLS W—M 1/1 iiubw mm i»w* mid 1/1 «/i
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