The Business Times, 29 August 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Thursday, August 29, 1991 75*
    10 words
  • NEWS SUMMARY
    • 63 1 TOKYO Japan's economy is slowing, but is heading for a soft landing, Michio Ochi, Economic Planning Agency minister said yesterday. He told a special committee of parliament's lower house that Japan's economy carries some negative factors such as weaker car sales, lower housing starts
      63 words
    • 70 1 HONGKONG Hongkong's broadest inflation gauge, the Consumer Price Index (CPI) A, rose 12.6 per cent year on year in July compared with 12.3 per cent in June and 9.4 per cent in July, 1990, the Census and Statistics Department said yesterday. CPI B, a narrower
      70 words
    • 28 1 DECENTRALISED commercial centres in Singapore will add more than 11 million square metres of commercial space to suburban areas by the next century Back Page
      28 words
    • 26 1 SINGAPORE'S total trade in July reached 5i9.6 billion, the highest in value terms since the $19.5 billion achieved last October Back Page
      26 words
    • 31 1 THE REMOVAL of a restrictive Philippine nationality requirement could result in the emergence of a growth triangle linking Davao (Philippines), Manado (Indonesia) and Sandakan (Malaysia) Page 7
      31 words
    • 19 1 THE CONTINUED fall in consumer confidence is dampening expectations of a US economic recovery Page 8
      19 words
    • 22 1 ADVERTISING agencies are being forced to undercut each other in a bid to stay competitive Page 15
      22 words
    • 18 1 JAZZ ARTISTE Harry Connick Jr, at 23, is headed towards early megastardom Page 13
      18 words
    • 27 1 THE MALAYSIAN government has been urged to formulate a policy geared towards solving the country's freight deficit and shipping problems. Shipping Times Page 1
      27 words
  • MARKETS SUMMARY
    • 32 1 WALL STREET turned upwards early yesterday, drawing support from declining interest rates. The Dow Jones average of 30 industrials rose 3.36 points to 3,029.52 in the first hour of trading.
      32 words
    • 26 1 LONDON share prices were modestly higher at midday yesterday. At 1112 GMT, the broadly-based FTSE 100 Stock Index was up 8.2 points at 2,628.0.
      26 words
    • 35 1 NEWLY-LISTED CSA Holdings has made after-tax profits of $2.4 million for the half year ended June 30, slightly less than half of 55.2 million projected for fiscal year 1991 Page 3
      35 words
    • 20 1 THE Nat Steel group, hit by a higher tax bill, has announced slightly lower earnings. Page
      20 words
    • 23 1 MALAYAN Credit Ltd will invest $100 million in a five-star deluxe resort hotel in Port Dickson Page 3
      23 words
    • 31 1 THE SINGAPORE dollar must appreciate with the US dollar if the Republic wants to maintain its position as a major financial centre, says a French economist Page 6
      31 words
    • Article, Illustration
      29 1 Wednesday Change BT-MGA 671.04 +2.29 Kuala Lumpur ....535.38 -3.22 Tokyo 21,621.63 -19.67 Hongkong 3,968.14 -13.82 Sydney 1,540.9 +0.7 Tuesday Change New York 3,026.16 -13.20 London 2,619.8 -20.9
      29 words
    • 22 1 Exchange rates USS SS 1.7210 100 Yen SS 1.2548 MS SS 0.6180 Money market rates Overnight 5-3/4 +1/8 3-month 5-3/16'% unch
      22 words
    • 38 1 London Gold AM fix USS355.30 USS+1.20 Rubber S'pore Sep.... 139.00«/kg +0.50 M'sia Sep 226.00*/kg +0.50 KL Tin Turnover 64 tonnes -6 Spot MS 15.16 /kg -0.01 Crude palm oil Turnover 1,868 lots +421 Sep MS788 /tonne -14
      38 words
  • 571 1  -  Reason: better long-term growth prospects in M'sia From Magdalene Ng in KUALA LUMPUR A GROWING number of Malaysians working in Singapore's financial sector are going home, drawn by the better long-term growth prospects in their country. The trend is most noticeable among stockbrokers.
    571 words
  • 169 1 Reuter WASHINGTON The US economy was still in recession between April and June, continuing to contract rather than rebound as thought a month ago, the Commerce Department said. In its first revision of quarterly Gross National Product or GNP figures, the department said
    Reuter  -  169 words
  • 557 1  -  By Genevieve Cua SINGAPORE Yeo Hiap Seng's diversification has been disastrous so far, as high financing costs, the strong Singapore dollar and Nature combined to produce an after-tax interim loss of $761,000. This is the first time in
    557 words
  • 396 1 Crisis in the Soviet Union Agencies MOSCOW As fears of border rows between inde-pendece-seeking Republics grew, the Soviet legislature voted yesterday to send a delegation to the Ukraine to discourage the breadbasket republic's secessionist drive. A delegation including Russian Vice-President Alexander Rutskoi and Soviet
    Agencies  -  396 words
  • 279 1 General Election '91 SINGAPORE The People's Action Party yesterday came out forcefully against the rise of communal politics in the last lap to Polling Day, with the Prime Minister asking voters for a clear signal of their stand on the issue. Mr Goh Chok
    279 words
  • 265 1 Agencies SEOUL China, Hongkong and Taiwan have agreed to participate for the first time at the third general meeting of the Asia-Pacific Economic Cooperation (Apec) to be held in Seoul from Nov 12-14, a South Korean Foreign Ministry spokesman said yesterday. The
    Agencies  -  265 words
  • Page 1 Advertisements
    • 260 1 Cassette Receiver C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone. 235 1333 Kuala Lumper: Phone. 757 0233 Penang Phone 615 985/619 014 Jakarta: Phone 374 085/380 147? Ad Marketing 15 KISE 19 Weather 25 Aircraft Schedule 25 Money Changer Rates 25 World News 8,9 Commodities 24 Money
      260 words
    • 39 1 Rodenstoch v* 10 CP 002 Gorbachev's political survival in doubt, Pg 9 V > W A *iw mt SO ELEGANT. I^Hj SO TIMELY. l ifi A i'P v yg£f iLv^J aW f SEIKO H| INSIST ON SEIKO'S INTERNATIONAL GUARANTEE CERTIFICATE
      39 words
    • 4 1 More reports, Pg 2
      4 words


  • COMPANY NEWS 1
    • 455 3  -  By Carolyn Lim SINGAPORE In its first set of results as a listed company, software house CSA Holdings reports interim net earnings of $2.4 million. The results, which were a 143 per cent jump over last year's first-half performance of the group, were
      455 words
    • 354 3  -  By Lee Han Shih SINGAPORE Flour miller Prima Ltd, which has managed to reduce operating losses by $3 million for the first half of this year, is warning shareholders of tough times ahead. For the six months to June
      354 words
    • 271 3  -  By William Chia SINGAPORE Riding on the back of a strong recovery in the construction sector, granite supplier Resources Development Corporation has reported improved performance at half time. RDC, which released its unaudited interim results yesterday, said that group
      271 words
    • 311 3 MBT KUALA LUMPUR Malayan Credit Ltd plans to invest Msloo million (Ss62 million) in a five-star deluxe resort hotel with at least 400 rooms in Port Dickson to replace the Si-Rusa Inn, which it bought last March, Malaysia's Star reported. The company is
      MBT  -  311 words
    • 275 3 SINGAPORE Concorde Hotel, the four-star hotel in Kuala Lumpur formerly known as Merlin HoteL, will reopen next month in what is seen as the start of a process to establish itself as a hotel chain in the region. The business class hotel's
      275 words
    • 404 3 MBT KUALA LUMPUR Pengkalen Holdings, which is embarking on a Ms7o million (5543.4 million) apartment-cum-hotel project in Port Dickson, Negri Sembilan, is looking at the possibility of venturing further into the hotel sector in the near future. Director Tajuddin J H Tan
      MBT  -  404 words
    • 440 3  -  By Lilian Ang SINGAPORE A high tax bill dragged down the nowdiversified Nat Steel group's net earnings 6.6 per cent to $25.85 million for the interim period ended June 30, 1991. The publicly-listed group's pre-tax profit was $40.15 million at half-time in FY9I,
      440 words
    • COMPANY BRIEFS
      • 84 3 SINGAPORE Hong Fok Corporation said its 75 per cent subsidiary HFL International has granted a one-month extension to Bond's Securities in Hongkong to completely place out 50 million shares and 8.05 million warrants of Winfoong Investment. As of Aug 27, Bond's had placed out
        84 words
      • 55 3 SINGAPORE Mr Lam Chuan Leong will relinquish his posts as chairman and director of Singapore Aerospace on Sep 1. Mr Lam, who is the Permanent Secretary of the Ministry of Trade and Industry, will be succeeded by Mr Lim Hock San, currently the director-general of the
        55 words
      • 106 3 SINGAPORE Amcol Holdings has informed the SES that there was an error in its 1990 annual report. The figure for unsecured contingent liabilities for corporate guarantees given to bankers for credit facilities granted to associate companies should be Ss33 million and not $147.6 million, Amcol
        106 words
    • 282 3  -  By Magdalene Ng SINGAPORE Resort operator Genting Bhd posted a 51 per cent rise in group net earnings to M$ 146.29 million (5590.7 million) for the six months ended June 30. However, its fine performance was impaired by the turnout of its associates. Contribution
      282 words
    • COMPANY BRIEFS
      • 88 4 MELBOURNE Transport, security and health care group Mayne Nickless Ltd said it has the strengths to weather recession and take part strongly in a recovery. The company earlier announced a 3.6 per cent fall in equity accounted net profit to A$ 113.89 million
        88 words
      • 75 4 SYDNEY Pioneer International Ltd said it expects net profit in the year to June 1992 will at least equal 1991 's A$ 163.77 million (Ss22l million), and will continue to search for acquisition opportunities worldwide. Managing director Rodney Price said, after the release of the company's profit
        75 words
      • 72 4 TOKYO Shares in Nippon Columbia slipped on the Tokyo stock market on news the company is likely to post a parent operating loss of about 600 million yen (***** million) in the first half to Sept 30, 1991, against a May forecast of a loss of
        72 words
      • 66 4 MUNICH South Korea has asked the consortium building the ICE (Intercity Express) to submit a proposal by the end of the year for supplying South Korea with high-speed trains, sources said on Tuesday at Siemens, which heads the consortium. France and Japan are also
        66 words
      • 66 4 TOKYO Japanese police arrested on Wednesday four executives of an aerospace subsidiary of NEC Corp for allegedly exporting missile parts to Iran in violation of a ban on arms sales abroad, a police spokesman said. Japan Aviation Electronics Industry Ltd allegedly brought missile parts to
        66 words
    • 617 4  -  From William Chia in JAKARTA PT LIPPO BANK, the highprofile flagship of the diversified financial services Lippo Group, is accelerating the expansion of its deposit base while moderating its loan portfolio growth. Managing director Laksamana Sukardi told BT recently that Lippo Bank, in line
      617 words
    • 338 4  -  From Koichi Ishiyama in TOKYO KAO CORP, Japan's leading maker of soaps and other household products, on Wednesday announced that it will invest 10 billion yen (Ssl26 million) to boost its production of fatty chemicals in Malaysia. Kao is
      338 words
    • 562 4 MARKET TALK IHT JAKARTA When reports of the coup in the Soviet Union hit financial markets last week, almost all stock exchanges in Asia plunged steeply before staging a strong recovery on news of Mikhail S Gorbachev's reinstatement. Jakarta, however, defied the
      IHT  -  562 words
    • 340 4 AFP TOKYO Japan's Toyota Motor Corp on Tuesday blamed foreign exchange losses and costly research and development for a sharper-than-expected decline in earnings in the year to June, its first in four years. Vice-president Shohei Kurihara told a news conference that earnings
      AFP  -  340 words
    • 298 4  -  By Abdul Hadhi SINGAPORE Asians are joining in greater numbers FortuHe magazine's list of the world's richest people. Singapore's own Lee Seng Wee, a banker, is among the 200 named in the list published by Fortune in its latest edition. Mr Lee,
      298 words
    • 530 5 NYT NEW YORK NBC issued an official denial on Tuesday of reports that its parent company, General Electric Co, was negotiating the sale of the network to the Los Angeles developer Marvin Davis, and it repeated assurances that the network was not
      NYT  -  530 words
    • 176 5 Reuter SANTA CLARA, California I— National Semiconductor Corp says it will restructure its worldwide manufacturing operations and, as a result, take a first-quarter charge of USS 149.3 million (about ***** million). In addition, the company expects its first-quarter operating results to be below analysts'
      Reuter  -  176 words
    • 266 5 Reuter LONDON Unilever pic and NV said it was in the advanced stages of negotiating the sale of its 4P Group packaging business to Dutch Van Leer BV. The company gave no price for the sale, but said 4P Group had more than one
      Reuter  -  266 words
  • Page 3 Advertisements
    • 73 3 A BOLD I^I^PMEMT' ...if. ,mm—■ -v jjiu«MiWMi«u jwjwi. vjkp«VHM9MMMMHN9P? sswb -"2- Jl 10 HOE CHUNG RD j*', Easy access via ECP and AYE 5-minute walk I from Tanjong Pagar MKT Column-free office e space Computerised building management system Conference facility High speed lifts Ample carpark lots C „0 OFfItES H»
      73 words

  • Page 4 Advertisements
    • 136 4 Are you willing to have a business in Indonesia? Go in with our knowledge on your side. §BANK DAGANG NEGABA STATE COMMERCIAL BANK Mead Office Jl M H rhamrin No S. Jakarta Phone .*****)7-JWNMHIO, PO Hot lUft/JKI Jakarta *****, INDONESIA Tele* ***** BDNULN IA ***** BDNULN lA. ***** BDNULN 1A.*****
      136 words
    • 70 4 Toyota to buy 25pc;more US-made parts. Shipping Times Pg 18 Savour a true timing experience at Oasatlanca Good food, excellent service and the finest selection of wines from all over the world; at sensible prices. At Casablanca, we take pleasure in offering our customers a truly remarkable dining experience. casabmnca
      70 words

  • Page 5 Advertisements
    • 75 5 Ponderosa has just doubled your eating pleasure fpnew restaurants! f 0 Ponderosa Raffles City Jji (Unit #02-20,2 nd Floor) 5 Ponderosa Bedok Theatre (Bedok Town Centre) 1 S* [ponderosa] I 1 Ponderosa Marina Square 02-232 Tel: 339-6495 /^^i\ Ponderosa Plaza Singapura# 02-13/15/17/19 Tat 336-0139 Ponderosa Raffles City 02-20 2nd Floor
      75 words

  • FINANCIAL NEWS
    • 551 6  -  By Salil Tripathi SINGAPORE If Singapore is to maintain its position as a major financial centre, it will have to allow its currency to appreciate along with the US dollar, even at the cost of blunting the competitive edge for exports. This
      551 words
    • 371 6 Bernama KUALA LUMPUR Malaysian commercial banks' total pre-tax profit rose 48.9 per cent to MS 1.3 billion last year compared with MSO.9 billion in 1989, Bank Negara governor Tan Sri Jafifar Hussein said on Tuesday. Indicative of the increased profitability, the return on assets
      Bernama  -  371 words
    • SMALL CHANGE
      • 125 6 AUCKLAND Two of New Zealand's smaller banks, both former loss-making building societies, have reported profits. The United Bank posted a NZ$l6.7 million (5516.7 million) after-tax profit for the year to June 30, chief executive Paul Young said in a statement. The profit, United's first
        125 words
      • 63 6 KARACHI Pakistan's Corporate Law Authority has blocked Gulf Insurance's share float on reports that some company directors had a role in a scandal-hit financial company, the Karachi Stock Exchange (KSE) said oh Tuesday. Gulf Insurance's 100 million rupees share subscription was due to be launched next
        63 words
      • 73 6 NEW YORK The American Stock Exchange said on Tuesday that it had a loss of U*****,000 for the second quarter ended June 30 compared to a profit of U*****,000 for the same period last year. For the first six months, the exchange had a loss
        73 words
      • 66 6 HONGKONG The People's Bank of China, China's central bank, has approved an application from the Bank of Tokyo Ltd to upgrade its Shanghai representative office to a fully fledged branch. The Beijing-funded China News Service (CNS) said the bank would be allowed to offer banking
        66 words
    • 154 6 AFP ISLAMABAD Prime Minister Nawaz Sharif has ordered tough action against private finance companies allegedly involved in misappropriating public savings worth millions of dollars, officials said on Tuesday. Measures are already underway to bring the "culprits" to book, they said, following demonstrations by depositors
      AFP  -  154 words
    • 622 6 MARKET TALK Reuter TOKYO Once, "ambulance shares" rode to the rescue of favoured investors, "political stocks" filled campaign coffers and "finance shares" defied economic logic to rise. All were common in the heady Tokyo stock market of the late 1980s and sent
      Reuter  -  622 words
  • Page 6 Advertisements
    • 773 6 M Nat Steel Nat Steel Ltd Incorporated in the Republic of Singapore To: All Shareholders The Board of Directors of Nat Steel Lid wishes to announce the following THE GROUP THE COMPANY 30.6.91 30.6.90 wf) 30.6.91 30.6.90 Ss'ooo Ss'ooo Ss'ooo SS'OOO Turnover 366,636 366,668 223,052 232,224 (3.9) Operating Profit 37,857
      773 words

  • THE REGION
    • 429 7  -  Zone to link Davao, Manado and Sandakan By Harish Mehta SINGAPORE Asean private sector executives have proposed a new South-east Asian growth triangle linking Davao (the Philippines), Manado (Indonesia) and Sandakan (Malaysia), which appears set to win foreign investments after a restrictive Philippine nationality
      429 words
    • 158 7 AFP JAKARTA Indonesia's imports for the first five months of this year almost overtook exports in the same period, Trade Minister Arifin Siregar said yesterday. "Indonesia's exports in 1991j still recorded a rise but imports had a faster growth rate," he said after meeting President
      AFP  -  158 words
    • 180 7 Reuter BANGKOK Thailand's military-nominated Parliament gave initial approval yesterday to a draft Constitution that should pave the way for the first general election since a military coup last February. The National Legislative Assembly passed unopposed the first reading of a 244article charter, criticised
      Reuter  -  180 words
    • 361 7 BANGKOK Thailand's electricity demand over the next five years will continue to be growing by 10.3 per cent annually, slightly ahead of the economic growth, from a peak demand of 8,072 megawatts last year to 13,075 megawatts in 1996, The Nation has
      361 words
    • NOTE BOOK
      • 125 7 WASHINGTON All US forces will be withdrawn from the Philippines if that country's senate rejects a 10-year treaty* signed in Manila, a US State Department spokesman said on Tuesday. The accord would allow US forces to continue to use the Subic
        125 words
      • 56 7 CANBERRA Australian Prime Minister Bob Hawke moved yesterday to assert his authority over the government by threatening to sack any minister who breached Cabinet solidarity. The threat followed his admission on Tuesday that the government was being destabilised by continuing leader-' ship tensions manifested in
        56 words
      • 73 7 SYDNEY Australia's trade deficit is expected to have grown in July, but figures due tomorrow are likely to show a rise in exports, economists say. Forecasts for the July current account deficit range between Asl billion and Asl.4 billion (about S$ 1.9 billion), from June's
        73 words
      • 62 7 JAKARTA India and Thailand are threatening to overtake Africa as a breeding ground for Aids, says the head of the American Foundation for Aids Research (Amfar). "India and Thailand are at the point of forest fires,"said Amfar president Mervyn Silverman on Tuesday, adding that there
        62 words
  • Page 7 Advertisements
    • 86 7 me 2kg. Heavyweight f Superb clarity with paper white VGA display (640 x 480 resolution). 80C286 Performance (12 MHz) Big 8 x 10 inch screen, with 16 shades of grey. Full sized keyboard with separate j cursor keys. Fast 20 MB hard disk drive (23ms). >QhS*sE9Mi3Hß9H^S6^»3SHi^^™i PC-6220 WT SHARP SHARP
      86 words
    • 260 7 ißw J£i€Sir OK, so you'veal ways wanted HP uses Resolution Enhancement Also the HP LaserJet TTTP is compact, LaserJet quality but thought the Technology (RET), or to put it more so you can put it wherever you feel price put it out of your league. simply, different sized dots. These
      260 words

  • THE WORLD 1
    • WORLD WATCH
      • 58 8 BRUSSELS The European Community threatened Serbia yesterday with unspecified international action if it did not agree by the end of this week to allow ceasefire monitors into breakaway republic Croatia and agree to attend a peace conference. If it ignored the EC's appeal a
        58 words
      • 55 8 TAIPEI Taiwan's economy kept improving in July with the monthly economic performance posting a two-year high, the Council for Economic Planning and Development (CEPD) said on Tuesday. The CEPD, the island's top economic planner, attributed July's performance to surges in money supply and banking loans as well
        55 words
      • 73 8 PARIS The number of people out of work in France jumped in July to a record high of 2.76 million and there may be worse to come, the government said on Tuesday. The scale of the economic challenge facing Prime Minister Edith Cresson was underscored
        73 words
      • 65 8 WASHINGTON The government has approved the sale of more than US$3OO million (*****.9 million) in high-tech-nology items to Iran and Syria in recent years, even though it says those countries support terrorism, according to documents obtained by The Associated Press. The Commerce Department used loopholes
        65 words
      • 39 8 SEOUL South Korea and China, a key backer of rival North Korea, have begun talks on expanding trade and economic cooperation, Foreign Ministry officials in Seoul said on Tuesday. The three-day talks ended yesterday.
        39 words
    • 511 8 IHT NEW YORK Expectations for the economy over the next six months are less optimistic following the fall in consumer confidence, considered a key to sustaining the United States recovery. The Conference Board on Tuesday reported the index, based on a monthly survey of
      IHT  -  511 words
    • 510 8 Reuter PRETORIA South Africa's economy, bled by sanctions, is poised to recover from two-and-a-half years of recession, but without foreign stimulus the upturn would be mild, the country's central bank governor has said. Reserve Bank governor Chris Stals told the Bank's annual
      Reuter  -  510 words
    • 299 8 Reuter MEXICO CITY Mexico will hold off on reforming its foreign investment law while cash inflows are strong but any weakening would prompt a sharp change of policy, Trade Minister Jaime Sara Puche said on Tuesday. "Mexico continues to be very attractive
      Reuter  -  299 words
    • 457 8 Reuter FRANKFURT German inflation is soaring because the country is not prepared to make sacrifices in the name of unification, the former president of the country's powerful central bank said on Tuesday. Karl Otto Poehl, officially stepping down after 11 years as Bundesbank president,
      Reuter  -  457 words
    • 612 9 Crisis in the Soviet Union Politicians and analysts abroad see limited room for manoeuvre Reuter LONDON As a weakened Soviet President Mikhail Gorbachev wrestles to hold together what is left of the disintegrating Soviet Union, the world increasingly doubts he can survive politically. European politicians
      Reuter  -  612 words
    • 812 9 Experts say no homogeneity, Confucianism will keep it united AP GUANGZHOU Tensions similar to those that ripped apart the Soviet Union are threatening China from its coastal south, bursting with entrepreneurial energy, to its restive, isolated regions of Tibet and Xinjiang But don't expect
      AP  -  812 words
    • 583 9 IHT PARIS If the fracturing of the Soviet system spreads nuclear weapons, the danger for the West probably resides less in the republics' getting nuclear missiles than in the risk that nuclear-tipped artillery shells might be fired in ethnic conflicts or, worse, warheads might
      IHT  -  583 words
    • 499 9 Agencies TOKYO Both Japanese and Taiwanese trading companies feel that the possible break-up of the Soviet Union into separate republics could lead to increased trade and investment among their countries. The Japanese are taking a more cautious approach, however. "There are many problems
      Agencies  -  499 words
    • 679 9 IHT PARIS Seventy years of centralised decision-making and steadily increasing economic ties have left many of the component parts of the Soviet Union ill-equipped for a life of independence. Even once political ties are loosened, many of them will have to continue to
      IHT  -  679 words
  • Page 8 Advertisements
    • 1136 8 m Bank off America NATIONAL TRUST AND SAVINGS ASSOCIATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF EARNINGS (US Dollar amounts In thousands) (US Dollar amounts In thousands) Dscambsr 31 1989 1990 1989 199 J Assets 1. Operating Incoms Interest-Bearing Deposits In Banks 2,851,000 2,708,000 Interest and fee income on
      1,136 words

  • Page 9 Advertisements
    • 69 9 WHAT I I t I SUITABLE Km UNUAD6D KTKO. THE AUDI 80 I.8S SPECIAL EDITION The Audi 80 1.8S now comes in a Special Edition with an all new interior, auto-check system and a host of other refinements. Plus an assurance of its utmost exclusivity. Evidently, the choice itself sets
      69 words

  • 480 10 EDITORIAL JACKSON HOLE, Wyoming, sounds an appropriate place for a funeral. Over the weekend it might as well have been; except that the dirge was intoned by a multinational group of economists and central bankers, and the body had not quite given up the ghost. Actually
    480 words
  • WHAT THE OTHERS SAY
    • 181 10 IT IS probably a little premature to say that the Soviet Union will go the way of Yugoslavia. But the potential for that happening is enormous. Of the 23 inter-republican borders, only three are not contested. Nearly as many Russians (60 million) live outside the Russian
      181 words
    • 124 10 THE Cambodian factions must have understood by n<jw that the world is becoming less patient and interested in their never ending feud. They have to resolve their problems once and for all. The recent Paftaya negotiation is cause for optimism. The Cambodian government and its perilla foes agreed
      124 words
    • 179 10 CHINA and Vietnam have both stated they would not abandon socialism and the communist one-par-ty dominance. If they succeed in getting the Khmer Rouge and the Phnom Penh regime to establish a new communist power, Prince Sihanouk and Son Sann, who are anti-communist and and pro-West-ern but less
      179 words
  • REGIONAL VIEWPOINTS
    • 104 10 A RECENT study made by the Ministry of Manpower indicates that practically everywhere in Indonesia, the minimum wage received by workers does not cover their minimum physical needs. It is not hard to understand why the productivity level of Indonesian labour is generally considered to be relatively
      104 words
    • 229 10 THE first reading of the daft constitution was as dull as widely expected. Only a handful of assembly members, most of them "old faces", took the floor to raise minor objections and call for semantic changes. When the National Assembly resumes its first reading of the draft
      229 words
    • 169 10 EUPHORIA rules around the Soviet Union, as people pinch themselves to check that the events of the last week really did happen. The republics which have laboured under the yoke of communism for 70 years have been pitched into a new era with breath-taking speed. The
      169 words
  • 1193 10  -  How much time and money does the Singapore businessman spend on wining and dining his clients? Lim Soon Neo finds out Lim Soon Neo SINGAPOREAN executives often hurry out of the office after a hard day's work, but instead of heading home to their families and
    1,193 words
  • Page 10 Advertisements
    • 260 10 The Business of Asia Today is v H^B/ Quality OAH across Asia, there is an accelerating awareness and 1 demand for Quality Control. Quality Assurance and Quality BUSINESS REPLY COUPON I Management to propel industrial and business developments. Ihw/ Quality Asia '92 (QA'92) is the ideal forum which will I
      260 words
  • Page 10 Miscellaneous

  • ANALYSIS
    • 1013 11  -  Mergers are gaining momentum in the computer industry. Glenn Rifkin reports on the high-tech deals Glenn Rifkin NYT ALMOST every month brings news of a new computer industry match-up: AT T and NCR, Computer Associates and OnLine Software, Borland International and Ashton-Tate. As
      NYT  -  1,013 words
    • 1557 11  -  The Hun Sen regime in Cambodia is gripped by uncertainty about its political mture after November when Prince Sihanouk returns. Harish Mehta reports from Phnom Penh on the new-found peace and the men who do the political manoeuvring in Cambodia Harish Mehta IN anticipation of
      Pictures by Harish Mehta  -  1,557 words

  • Page 12 Advertisements
    • 201 12 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 10.00pm daily. A MEMBER Of
      201 words
    • 366 12 CANOPY BAR Arrange to meet here In the heart of the city, enjoy the unfair advantage. Briefly interrupt your hectic schedule, or capture the magic as daylight turns to dusk, and dusk to dark. Watch the world go by beneath open skies and take pleasure amidst the comforts of our
      366 words
    • 333 12 Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy Hours when all drinks are going for a song. PLAZA HOTEL Happy Hours: cW^y tAMMMOfIfCiMmTMIt 6 9 DfTI N-arft Itnatf 07tt»4 2MHH S/ fAN Italian Rendezvous At The Cafe Aladdin!
      333 words
    • 187 12 k I j^l ■fc&Sg You'll enjoy our delicious selection of authentic Beijing Dian Xin served ■P amidst the splendour of an Imperial Court. May we expect you today? HfeJl>' From noon to 2.30 pm. SETT ERn& Ala carte menu available. ■HKJi Ifisy I S/andatw (S (Jtwis*" i C3*«£— 333 Orchard
      187 words
  • Page 12 Miscellaneous
    • 605 12 TELEVISION AND RADIO tiniMmnMMHMMwwiMMiMwmwwwwMLiJMJwwi iiwmiiimmfciiimiMßiO'ißHr mi own riiiimiirw Minnrmiri ifim muri Tin i iii m t 111 getting little ones to put 5.55 today in History. A/Tnrlarri lrviro business ON radio IVIUUCIII IUVC iS£T£k tSSirrsLn. !£?I2£XT" _World Athletics Champion- 10.35 Aapst Cdoteatloai Fatal 7.22 Maghrib Prayar Cal «;\nonT o Financial
      605 words

  • LIFESTYLE
    • 1092 13  -  Could there possibly be anything more in life that jazz artiste Harry Connick Jr would want? After all, he's already young, handsome and extremely talented. Mike Zwerin finds out Mike Zwerin IHT A HOT young actor who called himself "the most fascinating 22-year-old in California" asked a
      IHT  -  1,092 words
    • 377 13  -  Sheryl Wu Dunn reports on a growing problem in a country used to be known for fighting famines Sheryl Wu Dunn NYT IN THIS country of skin and bones, Li Yadong is still something of a phenomenon, but the 132-kg, 16-year-old boy is just
      NYT  -  377 words
    • 530 13 CHATTERBOX THE LATE Jim Henson, creator of Kermit the frog and Miss Piggy, will be honoured in his hometown with a museum showing off his life with the Muppets. The museum was to open yesterday at the Leland Chamber of Commerce as part of
      530 words
  • Page 13 Advertisements
    • 316 13 a AND ENTERTAIN jU.S. Food Promotion id i Savour the best of U.S. beef and lamb at j Hubertus Grill from Ito 31 August 1991. J All steaks come with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Bearnaise or Black Pepper Sauce. i
      316 words
    • 65 13 SinGAPORE AIRLinES LIITIITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT SINGAPORE AIRLINES LIMITED hereby gives notice that as at 28 August 1991:(i) The issued share capital of the Company is *****,273,111; (ii) The interests of foreign persons have reached the prescribed percentage of 27.51% of the issued share capital of
      65 words
    • 416 13 SINGAPORE INSTITUTE OF MANAGEMENT v THE SIM OPEN HOUSE Saturday, September 14,1991. 9.00 am-6.15 pm Let our experts talk to you about Management Professional Image Communication Raising Effective Children and Other Self-Development Skills plus many others! Programmes for the day include talks, video shows, children's workshop, exhibition and book fair.
      416 words

  • SPORTS
    • 1016 14 US Open AP NEW YORK This was Ivan Lendl's kind of match, one of those brutally long five-set grinds under a savage sun where it all came down to pain and desire. He is the Charles Darwin of tennis, the true believer in survival of
      AP  -  1,016 words
    • 486 14 AFP NfiW YORK The stadium court at the US Open had it all on Tuesday night -Connors and McEnroe, disputed line calls, an unruly crowd and, above all, great teqnis. After a marathon match that lasted more than four hcnirs, 38-year-old Jimmy Cocnors emerged
      AFP  -  486 words
    • 506 14 AP TOKYO Zambia's Samuel Matete, who has run the 400-metre hurdles faster than anybody except Edwin Moses, was not sure his country would let him run in the World Championships after he skipped the national trials. He came, however, and he conquered, shifting from
      AP  -  506 words
    • SIDE LINES
      • 135 14 TOKYO Billy Konchellah suffers from asthma, is allergic to some trees and is considered crazy by the local women when he goes running in his native Kenya. But if his problems over the past four years make him sound like a natural candidate for the
        135 words
      • 142 14 HOUSTON A Texas mother put up diamond earrings to pay a hitman to kill the mother of her daughter's rival for cheer-leader, according to tapes played at the woman's trial on Tuesday. The mother, Wanda Holloway, laughed wildly as she plotted with her ex-brother-in-law Terry Harper
        142 words
      • 79 14 HAMBURG International sports stars should be allowed to use steroids if no real attempt is being made to catch offenders, says an International Swimming Federation official. "If dope-taking is not being prevented, or there is no wish to prevent it, then why should we ban it?" Harm
        79 words
      • 59 14 NEW YORK Monica Seles exasperated officials of the Women's Tennis Association all summer, but she was named WTA Player of the Year at the organisation's 15th annual awards gala The 17-year-old Seles attained the No 1 ranking for the first time shortly after winning the
        59 words
      • 87 14 JOHANNESBURG South African athletes yesterday welcomed news that they will be able to compete in Africa soon. Brian de Lacey, spokesman for the athletes' body, the South African Athletics Committee, said the announcement by the International Amateur Athletics Federation in Tokyo that South Africans would compete
        87 words
    • 432 14 AP TOKYO The Soviet team has shaken off the affects of political turmoil at home to take a commanding lead in the medals race halfway through the 3rd Track and Field World Championships. The Soviet performance not only appeared unaffected by
      AP  -  432 words
  • Page 14 Advertisements
    • 125 14 To find out just how little space our Minolta EP5400 tak To go the long r it, our EP5400 copier is just 690 mm i I more space, this compact copier has 3 copies a minute. While Simul-Color II f x 683 mm. Both dimensions are as you H I
      125 words

  • ADVERTISING & MARKETING
    • 595 15  -  At a time when clients are becoming frugal with ad budgets, agencies are offering freebies and discounts to lure them. It has become a matter of survival. Sangeeta Mulchand reports Sangeeta Mulchand Advertising agencies are undercutting each other in their bid to remain afloat
      595 words
    • 121 15 SOVIET president Mikhail Gorbachev moans the loss of telephone contact, while The Ball Partnership grabs the opportunity to sell the reliability of Telecom Equipment. The ad by joint creative directors Normal Alcuri and Jim Aitchison declares: "Lose your links with the outside world and
      121 words
    • 290 15  -  By Sangeeta Mulchand The body shop's local franchisee is expecting two new outlets at Scotts Shopping Centre and Raffles City to add 47 per cent to its total sales. The retailer of environment friendly cosmetics will take over the street
      290 words
    • 236 15  -  By Sylvia Wong The institute of Advertising (lAS) has appointed its first full-time executive in a move to enhance its profile in the industry. Felix Stravens will be executive director of the institute from Sep 1. One of his first tasks
      236 words
    • 338 15 BATEY ADS has been awarded the Shangri-La account in a four-way pitch involving incumbent agency Leo Burnett and two other international agencies. The account, worth $500,000 last year, is expected to be worth a lot more in coming months when the hotel promotes itself after a $90 million
      338 words
  • Page 15 Advertisements
    • 168 15 Ebree I LADYTOP. I FOR 1 ELEGANT 1 WOMEN I LEADING I BUSY I I eoinj; phict?s, the Hive I jdvtop helps keepvour lite organised with its toil roomv ovmpartmenK tour pen pomht's. i|wu ksiup tor «vnd othei UM.-tul ttMtures. 1 K'U'int but pr.Ktk.i!, the 1 iKivtop le.lthei IMiA I
      168 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 899 16  -  By S N Vasuki AFTER drifting for two days, the Singapore stockmarket staged a mild recovery yesterday. Though the early morning session was marked by some heavy selling, the market rebounded in the afternoon and the Straits Times Industrials Index closed higher. Stockbrokers were
      899 words
    • 3901 16 1991 Td Last Vol Day Last Quote Di* Dl» YTd Net M Cap frtgh Low Code Company Sale +or- COOP) High Low Buyer Seller Cn P/E $mH INDUSTRIAL COMMERCIAL 162 1000 Acma 206 +1 8 206 204 205 207 lOON L5 fl6 126^ 255 180 1142 Ale* Hldgs 50* 180
      3,901 words

  • 3916 17 Main Board SLA Foreign 1960 40 +2.1% SPH Foreign 1290 30 2.4% J Cement 223 +22 +10.9% OCBC Foreign 1060 20 +1.9% NatSteel 50- 452 +12 2.7% BAT 21c 382 +10 +2.7% DBS 1160 +10 +0.9% FHLS 50* 640 +10 +1.6% Jurong Ship SO* 890
    3,916 words

  • BT SHARE INFORMATION SERVICE
    • 305 18 Cif-y Date Year Groap N«t Nat earnings Grass i MR to prafH/bss (L) par slurs dividend ('000) (CMts) I Ale* HWgs Aug 26 Mar 91 $461(11.085 2.3(5.4) 6(6) Malayawata Aug 26 Mar 91 M$50.395($31,216) 37.5(46.5) 7.5TE(2TE) Peifigi Aug 26 Mar 91 M$14.556($8.680) 9(5.4) 10(7 5a) Sel Dredg Aug
      305 words
    • 770 18 BONDS, LOANS WARRANTS Company CtmwiiN period Cowinioi torn hr ill Oftfuty shif® 8ml Wt Before 30/6/94 1 warrant plus mil 00 cash. C4C Wt Before 26/4/93 T warrant pks~ $3 09 cash Causeway Loan i Causeway Wt 2/10/89 to 20/10/94 1 warrant phis SO 77 cash or 1 warrant plus
      770 words
    • 157 18 riWHH) Date Year Crwip pre-tax Met earaiags Gross mr to pr*m/V»« (L) per slur* dividend COM) (ceats) I Insk Aug 23 Jufl 91 ««$5.211LI(S11.550L) Inttf-Pacific Aug 23 Apr 91 M$131.237($100,843) 7(7.1) 5(10) BUT Aug 22 Jun 91 $1,348($1,146) 306 3(254.3) 150(150) Htdgs Aug 22 Mar 91 HK$1.703d($$1.479d) 75.1(65.0)
      157 words
    • 654 18 Clip—y Date Half-year Groap pre-tax Interim aaa to prdtt/lots (L) dMdeod (*000) BAT Aug 27 Jun 91 $22.102(120.945) 619(47.6) Parkway H Aug 27 Jun 91 $15,540(515.709) 5(5) Tan Chor* Aug 27 Jun 91 M$131,402($128.105) 4(4) Smgatromcs Aug 26 lun 91 $4,814($4,766) Hanmau Aug 24 Jun 91 $1.120($684) ABN
      654 words
    • 176 18 Aug 27 Britisii-Amercun Tobxco (S) Ltd is embarking on a (40m investment programme to upgrade a few of its production lines. 26 Berjaya Corp Bhd raised its stake in Malayan United Industries Bhd to 30.8%. Beriaya said its associate, Sports Toto Holdings Bhd, had acquired a 20.8% stake
      176 words
    • 800 18 CwTMt Ex Books Date Total lor Total for payment data doM payable the year last year UN Aim M (10) 28% (i) Aug 27 NY A Sep 9 28% 58% AJei Hklp 50c 6%(b) Sep 4 Sep 16 Sep 30 6% 6% Ah Pac Ld 50c 2%<b) Jul
      800 words
    • 262 18 Company Rights Issue Baton One-tor four fe MS2 00 per store Ei-date Jul 16 Books dose Jul 30 Acceptance Payment Sep 10 ttn Hyd Four-tor-five MS065 per stare Ei-date Jul 25 Boohs dose: Aug 8 Acceptance I Payment Sep 17 Nat Kap One-tor-two SO 80 per stare. Ei-date:
      262 words
    • 606 18 Company Rights Issue An Pk Lmd One-for-two (g. MSO 65 per share A»ance T»di One-tor-one S1.00 per share Ballon Issue of $90 978m nominal amount of 3.5* Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of (2 nominal amount of Bonds for every three
      606 words
    • 475 18 Main Board Last Full Year Company Period Date Year Net EPS Gross Net arranced emfctg (cents) dv profit last year (1000) Ceretws Interim Apr 27 Jul 91 12.6 20 OTE(a) 38.911 Spore Land Interim Way 4 Dec 91 126 100 44,641 (g) Tang Meng Interim Aug 2 Dec
      475 words
    • 961 18 Prices M at 28.0S.9i Conversion terms Premium/ Expiry (dhcwMrt) ~T Amount Optional** using Company (mil Wits Store Loan Com Extr Lnstk Cash Cash. Loan Curing Data Mtfcs units) stock ratio price nom Stk Loft VlIlM s S S__S Burw.ll 115.2 0 160 0 670 1 00
      961 words
    • 423 18 QAF Ltd: AGM at Shangri-La Hotel, Summit Room, Valley Wing, No 22 Orange Grove Road, Singapore 1025 on Friday, Aug 30, at 9am. Metalock (S) Ltd: 22nd AGM at 182 Pandan Loop, Singapore 0512 on Tuesday, Sep 3, at 3pm. Eu Van Sang Hoidngs Ltd: EGM at 38
      423 words
    • 185 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 htft 1333.08 (3/6/91) 1991 1565 58 1991 tow; 1022.52 (16/1/91) 1149 08 (16/1/91) 1990 Nctc 1435.43 (16/7/90) 1990 1607 12 (27/3/90) 1990 Irnr 981 07 (09/11/90) lw# 1079 50 (H/10/90) 1989 hifh: 1322.00 (28/12/89) 19,9 1487 76 (26/12/B9) 1989 tow:
      185 words
  • Page 18 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 821 19 Bernama SHARE PRICES in Kuala Lumpur closed broadly lower in thin trading yesterday, as weak economic factors caused nervous investors to liquidate and avoid committing further to the market. The KLSE Composite Index lost 3.22 points to 535.38 while the Industrial
      Bernama  -  821 words
    • 3312 19 iQQi y ad Vol Day Net Cap HH> Low Co*p*ny Sd« WO Hid. P/E S-" INDUSTRIALS 1 245 165 AISB 50* 185 -I 31 185 184 45.1 189.8 560 310 ASM 50* 404 -2 182 406 402 36.1 1659.0 600 280 Acidchem 498 -2 26 505 498 214.1 685 192
      3,312 words
  • Page 19 Advertisements
    • 263 19 OFFICIALOPENIN^O^^ CE^L^IAI. EXPRESSWAY TUNNEL A historic event like this will naturally generate a lot of public interest. And Singapore's two main dailies The Straits Times and lianhe Zoobao will see to it that readers get to know all there is to know about the new CTE. The topics to be
      263 words

  • TOKYO STOCK EXCHANGE
    • 2207 20 Reuter TOKYO STOCKS closed mixed in moderate trade. Futures-linked trading made for occasional volatility but brokers said most investors shied away due to worries over excess supply and an ongoing parliamentary investigation into Japan's recent brokerage scandals. There was really not much going
      Reuter  -  2,207 words
  • STOCK EXCHANGE OF HONGKONG
    • 1885 20 Reuter HONGKONG STOCKS ended easier but off intra-day lows in sleepy, thin trade yesterday. Brokers said morning losses were offset by late bargain-hunting which some brokers said was spurred by an afternoon statement from China's Foreign Ministry denying rumours of the death of either senior
      Reuter  -  1,885 words
  • Page 20 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie market ends steady in quiet trade
      • 783 21 THE Australian sharemarket closed little changed even with transporter Mayne Nickless generating most interest in otherwise dull trading. Brokers said investors have deserted the market, fearful of more bad profit results, fading hopes of an interest rate cut and political uncertainty in Canberfa But Mayne Nickless surprised brokers after
        783 words
      • 503 21 THE TAIWAN stock index finished lower yesterday as most investors remained sidelined, worried about shrinking liquidity, brokers said. The weighted index, which had lost more than 100 points at one stage, ended 58.68 points or 1.3 per cent lower at 4 352 92 compared with Tuesdays 4^411.60 close. Turnover
        503 words
      • 755 21 SEOUL STOCKS closed slightly higher yesterday in lethargic trading with late buying interest in short-term financial companies and paper counters, brokers said. Daewoo Securities broker Huh Euido said most investors stayed away m the absence of fresh market moving factors. The composite stock index gained 1.94 points to close
        755 words
      • 645 21 JAKARTA stock trading continued to slow but the index edged up slightly yesterday, supported by a sharp rise in Astra International, brokers said. The index closed at 313.93, up from Tuesday's 313.68 and total turnover fell to 1.59 million shares from 2.49 million. Brokers said some underwriters propped up
        645 words
      • 514 21 SHARE PRICES yesterday rallied on sustained reaction to Tuesday's signing of a new US military bases treaty, but gains were pared by caution about the uncertain fate of the treaty in the Philippine senate. Late profit-taking reduced gains, bringing the Manila Stock Exchange composite index only 2 per cent,
        514 words
      • 711 21 BANGKOK share prices yesterday fended mixed and brokers said the market is on a rising trend. "Our shares are cheap and trading in the past three days showed investors started to gain confidence," a brokfcr at Ekachart Finance and Securities Co said. The SET index ended 1.42 points higher
        711 words
      • 382 21 INDICES TURNOVER Close Aug 28 Previous AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1540.9 2359.0 912.6 71.1 1540.2 2360.1 910.8 57.7 +0.7 -1.1 1.8 13.4 BANGKOK SET Index Turnover (billion baht) 684.77 3.50 683.35 2.33 1.42 1.17 JAKARTA Composite Index 313.93 313.68 +0.25 MANILA Composite
        382 words
      • 184 21 NEW ZEALAND shares ended c6mfortably higher yesterday, helped by a late buying spree in selected blue chips, and brokers are reasonably optifmstic about the market's short term prospects. There was little news to guidq the market which had been soft so farlhis week despite minimal selling intereft. A
        184 words
      • 57 21 SHARE PRICES yesterday reboußded after the Bombay Stock Exchange (BSE) announced that the government had approved a 9.21 billion rupee issttf of convertible debentures by Reliant Industries Ltd, brokers said. The BSE index ended up 13.91 points, or per cent, to 1,827.59 after peaking at 1,847.15. The National Index
        57 words
  • Page 21 Advertisements

  • WORLD STOCK MARKETS
    • Profit-taking puts pressure on US shares
      • Article, Illustration
        1256 22 LATE-SESSION futures-related buying and gains in the US bond market helped lift blue chips above their lows of the day on Tuesday but failed to completely erase the market's negative bias. jhe Dow average closed 13.20 pgints lower at 3,026.16, with losers ahead of gainers by four to
        1,256 words
      • Article, Illustration
        782 22 LONDON share prices resumed on a firm note yesterday in the wake of Tuesday's losses, as the market was supported by investor optimism on economic recovery even though buying interest remained thin. By noon (1100 GMT) the FTSE 100 Share index stood at 2,627.6, up 7.8 points from the
        782 words
      • 174 22 FRENCH share prices trimmed earlier losses and ended very near Monday's close on Tuesday as buyers re-emerged at lower price levels, dealers said. "Many of my clients have only just returned from holiday," one broker said. "Not everyone had a chance to buy last week, and when they saw
        174 words
      • 126 22 BELGIAN SHARES closed slightly higher on Tuesday for the second day running in dull trade as dealers remained pessimistic about a quick revival of business. The Bel 20 index of leading shares closed 0.17 per cent higher at 1123.96 with 427 million francs worth of Belgian shares traded. Brussels
        126 words
      • 351 22 GERMAN SHARES ended around 0.4 per cent lower on Tuesday after the orders needed to sustain an early surge to new eight-week highs failed to emerge. "There was heavy buying interest at the start," one trader said. "But as follow-up orders failed to come, professionals squared off positions or
        351 words
      • 265 22 DUTCH SHARES closed on Tuesday at the day's lows as light profit-taking eroded gains made in the recovery which followed the failure of last week's Soviet coup. The CBS tendency index finished 0.5 points lower at 91.2 and down 1.4 points on its pre-coup close of 92.6. "There is
        265 words
      • 260 22 ITALIAN SHARES closed slightly firmer on Tuesday, with fears that an alleged 100 billion lire share fraud would prevent the orderly settlement of the August account keeping volumes near Monday's lows. Brokers said the market's timid gains were mainly due to buying by institutional investors who were unwilling to
        260 words
      • 282 22 SWISS SHARES closed a dull session lower on Tuesday in reaction to foreign declines as investors either took profits or stayed on the sidelines. Dealers said activity was subdued by high Swiss interest rates and Wall Street's lower opening. Volume declined after last week's volatile trading. The all-share SPI
        282 words
      • 368 22 THE JOHANNESBURG stockmarket on Tuesday ended another quiet day mixed to slightly firmer in slow business as traders waited patiently for fresh market-moving factors, dealers said. The JSE all-share index closed moderately firmer at 3371 versus Monday's 3364 close, helped largely by a slight rise in the industrial index
        368 words
      • 272 22 PRE-LABOUR DAY lethargy continued, keeping trade thin and directionless as Toronto stocks crawled slightly higher in late trade to end off the day's lows on Tuesday, dealers said. "It's like watching paint dry," said John Ing, president of Maison Placements Canada Inc. The TSE-300 composite index officially closed down
        272 words
      • 128 22 INDICES TURNOVER NEW YORK Close Previous Aug 27 Dow Jones S& P 400 Midcap S&P 500 Turnover (million) 3,026.16 3.039.36 130.75 130.76 393.06 393.85 144 67 130.57 -13.20 -0.23 -0.79 14.1 LONDON Financial Times 30 FTSE 100 Turnover (million) 2,619.8 2,053.3 318.2 2,640.7 2,069.3 463.7 -20.9 -16.0 -145.5 FRANKFURT DAX
        128 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1218 23 reports AStA Tokyo: The dollar held on to its firm note in late Asian trade yesterday after breaking up through resistance earlier in the day. Some light buying from European players gave the dollar a late afternoon boost, Hongkong dealers said. "People
      1,218 words
    • 386 23 Cross rates Au 28 US$ S$ M$ Dm Yen SFr AS NZS USS 1.7240 2.7845 1.7580 137.10 0.5974 1.5290 1.2739 SS 0.5800 1 6151 1.0197 0.7952 0.3465 0.8869 0.7389 MS 0.3591 61.91 0.6314 0.4924 0.2145 0.5491 0.4575 Dm 0.5688 0.9807 1.5839 77.99 0.3398 0.8697 0.7246 Yen 0.7294
      386 words
    • 510 23 Interbank rates S$ Bid Offer Overnight 5 3/8 5 1/2 1-month 5 3/16 5 5/16 2-month 5 3/16 5 5/16 3-month 5 3/16 5 5/16 Overnight mode: 5-5/16 US$ Bid Offer Tdavs 5 11/16 5 13/16 1 month 5 5/8 5 3/4 2 months 5 11/16 5 13/16
      510 words
    • 369 23 Reuter TAIPEI Taiwan's shortterm interest rates are rising steeply and foreign banks are struggling to obtain funds as the central bank aggressively tightens credit, bankers say. An avalanche of government paper issued by the central bank has absorbed tens of billions
      Reuter  -  369 words
    • 248 23 Reuter BRASILIA President Fernando Collor de Mello has asked Parliament for authority to create bonds to be used in its debt-for-nature swap programme, government officials said. The project, sent to Brazil's congress on Monday, would create National Treasury Environment bonds as the official instrument
      Reuter  -  248 words
    • 1052 23 SIMEX eurodollar c Open High Low Sett Est Vol Op/lnt Vol j; ai 94 ?5 94 26 94.23 94.24 1825 ***** 1517 Dec 91 93.91 93.92 93.94 ***** ***** 4925 Mar 92 93.97 93.98 93.94 93.96 3119 ***** 3004 S Jun 92 93.63 93.65 93.61 93.63 1005 2695
      1,052 words
  • Page 23 Advertisements

  • COMMODITIES
    • 392 24 Reuter MANAMA, Bahrain Saudi Arabia, the world's biggest oil exporter, has increased crude output to build up overseas stocks because it expects higher winter demand and lower Soviet production, Gulf industry sources say. Estimates for wellhead output during most of August varied
      Reuter  -  392 words
    • 328 24 Reuter WASHINGTON A US Senate proposal that would require oil companies to increase alternative fuel production is becoming a bigger headache for the oil industry than winning approval to explore Alaska's huge oil reserves. Senator James Jeffords plans to offer an
      Reuter  -  328 words
    • 835 24 REPORTS THE PRICE of tin closed one sen easier at M 515.16 per kg on the Kuala Lumpur Tin Market yesterday on lack of fresh incentives and poor overseas leads. Dealers said the market was mainly taking its cue from the
      835 words
  • 1398 24 Rubber A Ug 28 I MS (fc» \m >■!») S cents/kg Noon Close j Int I RSS Prompt 138.25/139.25N 139.00/I40.00N x lnt I RSS Sep 91 138.25/138.75 139 00/139.50 Int I RSS Oct 139.75/140.25 140.50/141.00 S Int 2 RSS OP I37.00/139.00N 137.50/139.50N Int 3 RSS OP I36.00/I38.00N 136.50/138.50N p
    1,398 words
  • Page 24 Advertisements
    • 926 24 BUSINESS TIMES TELEPHONE: 730-3771/5772/3773 PAX: 734-4982 la Km Matter at U* Caatpaaiee Act Ctp.Nu4 la Ik* Matter *t Hee« Hack Pavilifiat (Pto) Ltd wfinteri wiiKary Wladlag-lp) At an Extraordinary General Meeting of the members of Hong Hock Development (Pte) Ltd duly convened and held at 1 Sophia Road #04-07 Peace
      926 words
    • 9 24 Managers Must Manage BT shows you how every Monday.
      9 words

  • 1156 25 City Flight ETA FMgfct ITD Abu Dhabi GA887 1245 GA894 2255 GA975 1300 Adelaide QF081 1820 SQ228 1905 Amstardaai SQ23 0700 KL834 2240 KL833 0910 GA894 2340 GA975 1300 SQ26 2200 BAH 1225 SQ325 2115 1 "T"1 GF148 1000 1755 910 B Sari 1 logawan SQ181
    1,156 words
  • THE TRAVEL PAGE
    • 585 25  -  LETTER FROM AMERICA By Frances A Burns The humpback whales that spend summers feeding on the Stellwagen Bank, an underwater reef in Massachusetts Bay between Cape Ann and the tip of Cape Cod, have plenty of company. Every day between April and October, boats pull
      585 words
    • 153 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3462 1.3577 Canadian dollar 1.4920 1.5146 NZ dollar 0.9799 0.9948 Sterling pound 2.8717 2.8962 US dollar 1.7195 1.7235 Ixcal dollars to 100 units of foreign currency Austrian schilling 13.776 13.985
      153 words
    • 70 25 Duration Title Venue Organiser Td j Aug 20-31 Izmir Turkey Izmir Fair *****150 International Organisation Fair Aug 26-30 National Buenos Aires Camaras de *****4337 ExhiStiorTolr r ,on de Software In H <*d Software y Format ics- Scrvicious Software 91 Duration Tide Venue Organiser Tel Sep 1-4 International
      70 words
  • Page 25 Advertisements
    • 41 25 Kokkola? It's the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know K.urope from start to Krnrush.
      41 words
    • 39 25 At the latest annual Emmy Awards, winning actors and actresses paid their tribute in the form of dirty jokes. Some go down well, some don't. Which ones deserve an award? Ilil NEW, NEWS, NEWSY From lunch-time. Monday to Saturday.
      39 words
  • Page 25 Miscellaneous
    • 144 25 Square sort (7) 25 Riding bike outside in 7 Being yellow, it comes out 23 Bill unconscious' 7 It's the wind-storm (7) l ate {7 8) unconscious. It s the 26 A sinister quality! (14) 8 Church features seen in dope. (4) Barchestcr (6) YESTERDAY'S SOLUTION WW 13 Bunches of
      144 words
    • 210 25 Singapore Outlook: Showers over several areas in the morning. Report: Maximum temperature 31.6* C Assoc humidity 71% Minimum temperature 25.7 Assoc humidity 89% Hours of sunshine 4.95 Rainfall in mm Nil Rainfall this month 226.2 Rainy days this month 10 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Sunny Bangkok 32/25
      210 words
    • 18 25 Nfcu> pfcf»...New BRiefcAse... ve Beert to A car SOOT D* V SPtC.... a EVENING STAMOARO CO. LTD., IM2-IMI \^>
      18 words

  • 407 26  -  URA's target for decentralised business districts By! Sylvia Wong SINGAPORE Decentralised business districts will add more than 11 million square metres of commercial space to suburban areas by the next century. This area, equivalent to about 47 Ngee Ann Cities,
    407 words
  • 383 26 Reuter PATTAYA Peace talks to end 12 years of war in Cambodia are moving in a positive direction, US Assistant Secretary of State Richard Solomon said yesterday. He brushed aside concerns among Cambodian leaders that Washington might scupper breakthrough agreements reached on Tuesday to end
    Reuter  -  383 words
  • 223 26 UPI LONDON British debtridden leisure group Brent Walker announced yesterday that it has called in the Serious Fraud Office (SFO), but did not disclose the reason for the investigation. A spokeswoman for the Serious Fraud Office confirmed it would be investigating
    UPI  -  223 words
  • 453 26  -  By Schutz Lee SINGAPORE Singapore's total trade in July amounted to $19.6 billion, the highest in value terms since the $19.5 billion reached last October. This represents a threemonth moving average growth of 13.6 per cent, or 18.9 per cent over the same
    453 words
  • 348 26  -  By Lilian Ang SINGAPORE The Housing and Development Board is working out a plan to allow shop tenants in older estates to buy their units instead of leasing them from the board under the current system. An announcement on the
    348 words
  • 219 26 The BCCI collapse Agencies LONDON Three separate attempts to secure a second provisional liquidator of Bank of Credit and Commerce International (BCCI) flopped in the High Court on Tuesday, after it was made clear the Abu Dhabi owners of the bank opposed such
    Agencies  -  219 words
  • 764 26  -  The Bottom Line SREE KUMAR SREE KUMAR The writer, formerly a management consultant, is currently a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. THESE ARE indeed ominous days for the accountancy profession. The last two
    764 words
  • 289 26 Reuter SEOUL South Korea's current account deficit widened to USSI.I9 billion (552.05 billion) in July from US$379 million in June and compared with a surplus of US$4B5 million in July last year, provisional Bank of Korea (BOK) figures showed. The current account
    Reuter  -  289 words
  • Page 26 Advertisements
    • 147 26 Nikon The World's Finest Photographic Systems Professional Nominee, Full Accounting and Administration Services available at reasonable cc*t. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800
      147 words
    • 74 26 Nikon The World's Finest Photographic Systems THE CASE OF THE VALET WHO KNEW EVERYTHING WILL BE SOLVED ON 16 SEPTEMBER 1991. n r RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS WITH IM SUITES. BAR AND BILLIARD ROOM. RAFFLES GRILL. TIFFIN ROOM. WRITER'S RAR. LORRY BAR AND FUNCTION AREAS
      74 words

  • Shipping Times
    • 390 27  -  KL conference on transportation From Rahita Elias in KUALA LUMPUR THE MALAYSIAN government was urged yesterday to formulate a policy geared towards solving the country's freight deficit and shipping problems. Mr Ariffin Alias, managing director of the Malaysian International Shipping Corporation (MISC), advocated
      390 words
    • 305 27  -  By Dexter Lee SINGAPORE Cathay Pacific Airways, a listed member of Hongkong's Swire group, will soon join the handful of airlines which provide passenger handling services at Singapore's Changi Airport. From Sep 1, the Hongkong flagship carrier will handle, among other
      305 words
    • 227 27 MALAYAN Railway (KTM), which will soon be corporatised, will consolidate and upgrade its operations to provide higher value-added services to its customers. Speaking at an international transport conference in KL yesterday, Dato Abdul Rahim Osman, KTM's general manager, said that the railway company will pursue a
      227 words
    • 301 27 SINGAPORE Hongkongbased Orient Overseas Container Line has expanded its North America Atlantic Coast-Europe Express (Nax) service to Rotterdam. In making Rotterdam a direct port of call, OOCL claims that it will be able to offer shippers the fastest transit time in the trade eight
      301 words
    • 902 27 Page Col ABC Containerline 12 1 Aeropak 16 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 •ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5
      902 words
    • 556 27  -  By Magdalene Phang SINGAPORE-BASED NorSea Line on Tuesday launched its first ro-ro (roll-on/roll-ofT) service that links the Republic with Kuantan and Bangkok. Managing director Captain Kay O Myre told BT: "We have done some investigations in this area and we thought that ro-ro
      556 words
    • NEWS SUMMARY
    • LOG BOOK
      • 87 28 SEOUL About 19,000 workers at South Korea's biggest shipyard in the south-eastern industrial town of Ulsan was to go on strike at 1300 local time (0400 GMT) yesterday, a union spokesman for Hyundai Heavy Industries Co (HHI) said. The strike is to protest
        87 words
      • 87 28 LONDON Tugs on Tuesday began towing the Norwegian tanker Mimosa from Cape Town to Dubai where it is due to arrive on Sep 16, Lloyds Shipping Intelligence service said. The towage began after completion of the transshipment of the 357,467 dwt vessel's cargo of crude
        87 words
      • 58 28 LONDON The French container vessel Therese Delmas was detained in Nigeria on Tuesday after a court order was issued in Lagos, Lloyd's Shipping Intelligence service said. The arrest follows allegations over the theft of goods worth U5555,000 (5594,700). To secure its release, the 31,978 dwt vessel must
        58 words
      • 48 28 DALLAS International Telecharge Inc said on Tuesday it is not interested in pursuing merger negotiations with Telesphere Communications Inc. Telesphere said earlier on Tuesday it proposed to merge with International Telecharge by exchanging 0.6 Telesphere shares for each International Telecharge share through a new company.
        48 words
      • 71 28 NEW YORK McGraw-Hill Inc said on Tuesday it bought Castelazo Associates, a customs broker and freight forwarder serving the Port of Los Angeles/Long Beach. Terms were not disclosed. The company said Castelazo will become part of its Tower Group, which includes customs brokers and freight forwarders C
        71 words
      • 69 28 BEVERLY HILLS, California Litton Industries Inc said on Tuesday that the US Navy awarded it a contract to produce an additional 125 carrier aircraft inertial navigation sets for three of its combat aircraft, the F/A-18, F-14D, and the AV-88. The award, valued at US$l4.l million
        69 words
      • 61 28 GARDEN CITY, New York Avis Rent-a-Car System Inc said on Tuesday it is using communications technology from Ardis, a joint venture of International Business Machines and Motorola Inc, to improve its rental car check-out system. The new check-out system will initially be installed at LaGuardia
        61 words
    • 1206 28 Grain chartering activity on the dry cargo freight market on Tuesday was subdued as operators returned from a holiday on Monday but the latest news on Soviet farm credit boosted sentiment, brokers said. The announcement that the US would allow the Soviets the early use of US$3l5 million
      1,206 words
    • 836 28  -  The Big Four carriers are desperately trying to survive in Europe, reports Patrick Oster Patrick Oster Check out any big-league European airport and you'll see the leaders of global air-express: Federal Express, DHL, and UPS from the US, and Australia's TNT. They're all targeting Europe for one
      836 words
    • 319 28 MANY flamboyant Australian tycoons, such as Alan Bond and Christopher Skase, have seen their empires crumble in a sea of debt. Now, another of the country's business kingpins, Sir Peter Abeles, is trying to make sure his own TNT Ltd transportation conglomerate
      319 words
    • 802 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      802 words
    • 10220 36 This is a list of ships loading Se\ at Singapore for ports around K the world. It tabulates, by jg destination, the name of the n, ship, the shipping line in- Se volved and the estimated A* dates of arrival and departure 2 from the Port of
      10,220 words
    • 3325 41 Coatminerilne NV: Belsin m Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contt Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahreokiei Liner Service: Kim Shpg Trdg(S). Albutros Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,325 words
    • 248 41 Abacas Courier? Tet 545-8011. Fax: *****98. Air Express Travel Tel; 533-5771. Fix; *****44. Akfcorae Freight Corpora boo Tel: 542-8844. Fax: *****16, *****80. Ainwift Worldwide Coarier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak lateramtional Tel: 344-3377. Fax: *****50. Cluster Liak Supplies A
      248 words
    • 1546 41 Abex Express Freight T Tel: 542-7171. Fax; *****84. 5Actiatc Forwarder F Tet 225-1833. Fax; *****42. T Activair Singapore F Tel: 542-7812: Fax: *****20. T Aeroiiak Freight lateraatioaal 5 Tet 545-8031 Fax: *****05. F tS°542-59U. Fax: *****18. F Air Cargo Novo Express Tet 542-5454. Fax: *****06. C Air Express
      1,546 words
    • 1873 42 ARGENTINA Buenos Aires: Labour Stevedores continue to arrive half an hour late for work and to leave half an hour early. There are also stoppages of one full hour during each shift, reducing the effective working time per six hour shift to four hours. Port busy; all berths
      1,873 words
    • 460 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To rOOAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK NCA KZ203 B747F 1930 1 NRT SIA SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345 1 SEL/MNL TOMORROW
      460 words
    • 486 42 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk carriers Orient Rher 43,665 dwt and built 1989, on offer for US$22 million. Apia Thalassini 58,718 dwt and built 1969, on offer for US$5 million. Mid Kim 68,774 dwt and built 1989, on offer for US$29 million. Mikunores 69,808 dwt and built
      486 words
    • 344 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Nunc of Vessel ETA Pom of Calls Port Agent AUG 29 29 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson SEP 01 01 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 02 02 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 03 04 Orient Venus 0500
      344 words
    • SHIPS IN PORT
      • 529 43 V*smI Voy No Berth Arrival Deparfcre Vessel Voy No Berth Armi Departure Marina Terminal 1 Batam Ma«u *****1 M05 atongsde 29 08/2300 Batam Sayar* *****1 M04 akx«side 29 08/2300 Batatnndo 1 87S MOl *ngside 2808/1600 Garuda G14 M04 2908/2300 Hai Hu 1 9111 M02 29 08/1200 Hong
        529 words
      • 258 43 1-1 /OflOfC r OTT Berth: 1: Bunga Mas; 2: Bangkokyai, Gulf Daoud; 3: Johan IN; 4: SeWa; 5: nil; 6: Batanas. 01 jetty: Crystalventure L, Bumeugah. DC J: Coral Gas. Due on Aug 28: Ajon, Kyoei Maru No 1, Barge Kuala Stak V, Chong An, larku, Pernas
        258 words
      • 978 43 E E 77 IMWAWii a 2 ■s: $*> Voy No Etb/Btr Record renoo Bookng/Babnco Fran To Ms From ACX IJy 14B 30/1400 1 2 4 28/1500 2 28/1700 2 29/1200 2 8/1659 9/0659 9/1459 28/1900 29/0900 29/1700 Ad Goncharov 49SI91 31/1100 4 29/1200 2 9/1459 29/1700 As Pottu*
        978 words
    • 334 44 Reuter SEATTLE, Washington A Soviet ship on a goodwill cruise of the US West Coast has run into financial trouble, and at least three cadets on board are considering seeking political asylum. The sailing ship Pallada and three other vessels have
      Reuter  -  334 words
    • 258 44 NYT NEW YORK A long-life battery born of a German research venture is starting to penetrate the aerospace market, thanks to an American company. The fibre-nickel-cadmium design owes its existence to worries in the 1970s at Daimler-Benz and Volkswagen, Germany's largest car makers,
      NYT  -  258 words
    • 164 44 Reuter HONG KONG Cathay Pacific Airways Ltd said that its 1991 profit may be lower than the HK52.99 billion (***** million) reported for 1990. "Inflation is still a major concern and this, combined with the difficult first half, could mean that the full year's result
      Reuter  -  164 words
    • 312 44 Reuter CHICAGO The US airline industry claimed another victim as the chairman of America West Airlines Inc, already operating in bankruptcy protection, handed over many of his duties to a subordinate. Starting on Sep 15, president Michael Conway is taking over the chief
      Reuter  -  312 words
    • 221 44 AFP SOUTHFIELD, Michigan Toyota Motor Corp on Tuesday said it will purchase 25 per cent more US-made parts and equipment next year, in an apparent bid to stymie complaints from Congress over Japanese automakers' reluctance to buy local parts for their
      AFP  -  221 words
  • Page 27 Advertisements
    • 28 27 Lines and services represented by Members of the Registry of Accredited (*§faiwl) Shipping Agents, Singapore National Ship- \vKsMij ping Association. I-iff advertising enquiries, contact Shipping times: I'el nomv/rto-mw
      28 words
    • 332 27 HI ISWEE HENG METAL CO PTE LTD No 13. TUAS AVENUE 14. S PORE 2263 FAX *****46 TEL MI9MB (S llMt) TLX: RS ***** SHMCPI SOLE AGENT Fl 111 Maintenance Equipment rent repair Air Forwarder! 15 Ar Frwght Schedule 16 Cockett Report 2 Container Schedule 17 Cora Services 15 Cruse
      332 words

  • Page 28 Advertisements
    • 51 28 u 1 N 1L s T 1 M E s TELEPHONE: 730-5771/5772/577 3 FAX 714-418 1 Required by an established Shipping Company with diverse activities. The incumbent should be within 25-40 years of agewithgoodcommandofEnglish. Relevant experience in container and conventional shipping preferred. Interested applicants, please call *****42/ *****46 (Diana/Kathy) for
      51 words

  • Page 29 Advertisements
    • 2490 29 M OOCL (S) PTE LTD JARDME SHIPPING AGENCIES TEL: *****11 FAX *****09 WWf BOOKINGS TEL: *****34 *****58 Iffßllll TERMINAL/CPS TEL: *****18-220 I PQQQJ F 1 pesaka jardine shipping agencies son. BHD k. VA*y A PORT KELANG TEL: *****18 FAX: *****91/*****88 Wjfl Z—7 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      2,490 words
    • 1923 29 TRANSPORT DIARY Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Claims of International Trade Specific Issues, Contextual Practice and Operational Process, organised by Facs World at Carlton Hotel. Sept 12-13: Seminar on Shipbroking and Chartering II Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18:
      1,923 words
    • 1608 29 ■QBBssaißa TWO SAILINGS TO HONG KONG JAPAN Marie Maersk V9lOB eta Sin 3/9/91 Laust Maersk V9llO eta Sin 2/9/91 Vmml Voy ETA ETO Feeder by imm 0.. DESTINATIONS lo This *Nk Mart* WMTtk 8106 Mi 1 CV 3/9 0800 MRS Port WKM CFS 2/9 2369 HRS KMang Penang OAK LGB
      1,608 words

  • Page 30 Advertisements
    • 1129 30 ROTTED AM/( VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KATSURAQI 07/134 29/8 21/9 17/9 16/9 SBBB) THAMES 07/334 1/9 18/9 20/9 23/9 24/9 LA SEINE 20/135 5/9 28/9 24/9 23/9 ißsSsiisl BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 I. All WfTMHJND P. HONGKONG EXPRESS 03/136 12/9 5/10
      1,129 words
    • 714 30 BEASPAC SERVICE DIRECT SOUTH PACFIC SERVICE IS LA FLOREANA 2SOOEB S 4/9 19/8 22/9 27/9 AISO ACCEPTMG CARGO MA SUVA TO: LAUTOM. PAGO PAGO. APIA ft NUKUAIOAFA PtftECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF VAP CLX IS LA FLOREANA 2509E8 4/9 10/10 11/10 16/10 17/10 ALSO ACCEPTOR CARGO TO
      714 words
    • 1578 30 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND F6tt EUROPE VSL/HOY SM tt.fi 80. HAM BRE ROT MIT FEL IM (VIA (VU (VM ALfi) MM) lOT) m CHMA SEA 12SN 04/09 2S/W 28/09 01/10 02/10 03/10 04/10 03/10 05/10 NORASIA SMGA 9126-3 01/09 30/09 02/10 05/10 Ofi/lO 08/10 09/10 10/10 11/10 NORASIA
      1,578 words

  • Page 31 Advertisements
    • 1912 31 SgSteamers Maritime Holdings Ltd P&O I ma m straits shipping Haaa'"* »«T »o W» H'Koni #PU S port M| Sou Ant (M Hb| ACCEPTS OIK MIS ÜBS kUftSK *111 2S/M 2*/0* 25/ OB JO/01 12/** 15/0# 14/9* U/0* C«GO KOWLOON MY 0552 2*/*S 25/BB 31/ M 17/01 11/0* 21/0* STOUTS
      1,912 words
    • 1961 31 < IS VL yo, V OAK U» CM TO W W WC KWi/KTI WTC Hi IW CM Ui OAK IP CHOTWK WCTWT EFII4 Jl/t IV* 1/lt 11/U 575 u/lt U/ll M YOKOHAMA lIAU7 U/7 U/7 U/7 11/7 «/7 »/7 lt/1 CMOYAM —J> 01» 7/» l/li 4/19 U/lt It/It 21/11 22/
      1,961 words
    • 346 31 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR BANGKOK/ TSiaimt TRONO V7B ETA STORE IN PT ETA BANGKOK 31/8/91 ETA YOKOHAMA 10/9/91 LOADING FOE TOKYO/YOKOHAMA COSMIC PIONEER VIS ETA SPORE 4/9/91 ETA PK 9/9/91 ETA TOKYO 29/9/91 ETA YOKOHAMA 22/9/91 llVlLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY BAMJWOB KK SPORE PI PI m
      346 words

  • Page 32 Advertisements
    • 612 32 SB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wt/VOY (STOtt ROAM ADAM H'BURG BREMEN ANTNEHP KUTM/23N8 l/J 9/10 15/10 19/10 22/10 MATMAM/30N6 7/10 S/ll 14/11 10/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO 9ub4«ct to lnduc«4n«ftL Atao accepting cargo to Casablanca. Poet Said. Port Alexandria. Ganoa, Trleata. V ALSO
      612 words
    • 1070 32 1 ill HANJIN SHIPPING luamum lIAKI im AiiN SH, HANJW VANCOUVER 006E ISt I 23/8 S/9 I fcS lit 2'J VL'l HANJIN KUNSAN 065 C 3/J H. ELIZABETH 001E 30/9 3/10 HANJIN LONGBEACH 034* 8/9 26/9 27/9 28/9 28/9 29/9 30/9| B Io3f 10/9 H. LE HAVRE 014E 7/10 10/10
      1,070 words
    • 1180 32 J —I. fJ. itviKaiuuMTnnHiniiiHiiiiiuiiiaHiiriMNiMii I CLUMT K434 1/1 «1 i/l l/l 11/ l U/l 14/1 I J/1 17/1 21/9 11/11 12/11 M/ll 21/11 2(/ll S/ll 21/11 2S/M 7/11 17/11 21/11 B/U i OtOVTM K-13) 5/9 1/1 11/1 U/l U/l 17/1 11/1 21/1 21/1 21/1 4/11 14/11 11/11 21/11 »/U 31/11
      1,180 words

  • Page 33 Advertisements
    • 1951 33 •"J 5 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 SB NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33,
      1,951 words
    • 1001 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****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 EASTBOUW—OBCHMKH6 MESTBOUW—LQAOW6 TIWBHffH) 0W HOTTHPRM WT |1 giu W6 DOV
      1,001 words

  • Page 34 Advertisements
    • 1649 34 K** i— ft ICR No: **********0 M) V W V m AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD IVT b TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 V IV MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t.
      1,649 words
    • 739 34 WS PHILI-ORI€NT UN€S PTC LTD I 108 Robinson Road #07-00 GMG Building Singapore 010 i Tel: *****22/*****69/*****00 Telax: RS ***** PHIU FAX: *****76/*****38 by air, land or 5ea..... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION IT 3 SEP MONTREAL. OTTAWA, TORONTO. 1 SEP DUBAJ.
      739 words
    • 353 34 /V-^ 7 GOLDEN LINE f\ l>£SSk GUAN guan shipping Tg§*XV (PTE) LTD 1*"^ O, Tel okAvar Street SINGAPORE 010* TEL: ****** (10 LINES) F»: *****04 (CR No **********0W) I muiT»/m»uM cult inna S'poft P Hetanj Penan GOUKH Willi Ctata/bracta/Otai kPtl GOUDI HNNBT Cottxrdc /KjricJa/Diite 22/2* Um gagygga ihsmh i/ihpt >
      353 words

  • Page 35 Advertisements
    • 1487 35 PACIFIC INTERNATIONAL LINES (PTE) LTD m m wKM PIL BuikJing, 140 Cecil Street #0300, Singapore 0106. [BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN SUNOA TERATAI 353 1/8 Stt 8/8 NK J% eDCN 3SI 3/9 5/9 10/9 PEQASUS PROGRESS U2N 4/9 7/9 11/9 EQUATOR MAS 17N 9/9
      1,487 words
    • 1163 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunga Permar 298 29/8 14£9 15/9 17/9 18/9 Toyam>-f 296 2/9 22/9
      1,163 words
    • 530 35 MYANMA pBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KIc Pen P.G* MYOMAYWA VI36N Sjtod tn ft f»IYA VUSW In ft 3/5 S* JO/2 S* m vi tow tn up HfA-AN VI67W 15/17 Jap PAGAN VI7SVI 21/23 Sap THE BANK UHB (A service of Andrew Weir
      530 words



  • Page 38 Advertisements
    • 697 38 TO AUSTRALIA/NEW ZEALAND r*s [to iFram IMb |S»«I lAuct INPE |P. 555 MUSKL 277 10/* 11/S 23/S 27/» 3/10 S/10 t/10 Cmi 271 2vi 2/10 7/10 12/10 19/10 22/10 vmmre* zn u/io 27/10 1/11 s/11 10/11 12/11 13/11 MM I 201 14/11 21/11 2C/11 1/12 7/12 J/12 10/12 TO USA/CANADA
      697 words
    • 904 38 y i llMilllliß EXPORTS TO HONGKONG, TAIWAN I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND VOY PKI PEN «T SH MNL HKG KAO KEE TYO SMZ NOP HOB VESSEL VOY ]SW |PKL PEN BLW SW ACX ULV 148 24.1 "2« S 26 1 30 8 3.9 5 9 10
      904 words
    • 218 38 f I>E R U S~AH~A AN PELAYAIu3! i KALIMANTAN i r DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA 42 Voy 14/91 29/30 Au| Jakarta/Palembanj I NIAGA XXI Voy 19/91 2/3 Sep Jakarta/Patemban i l NIAGA XXII Voy 20/91 5/6 Sep Jakarta/Palembani > NIAGA 42 Voy
      218 words
    • 1052 38 CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS CHUNG CH1A0 SHIPPING SON BHD Kl TU: *****91/17 FAX. *****92. ***** t KIAKG TEL ttttlOC/l TU MA ***** Ft HANG TEL 620*41 TLX MA ***** GUAN GUAN SHIPPING SON BHD P KLANG TEL: 3U920C/7, *****55 FAX 03-*****64 TLX: MA *****
      1,052 words

  • Page 39 Advertisements
    • 511 39 MgBBBII GUARANTEED CONSOL TO:KEEiUWG/KAOHSUNG 3.9.91 HONG KONG 3.9.91 BUSAM 3.9.91 BANGKOK 19.91 EUROPE 19.91 TOKVO/KOBE/YOKOHAMA 19.91 USA 31.9.91 AUCKLAND 12.9.91 FREMANTLE 2.9.91 SYDNEY/MELBOURNE 6.9.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 539-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAME TAN, KATHLVM TAV, SOPHIA BAY OM KAREN SIM FAST WRECT REGULAR
      511 words
    • 483 39 SnHCHnEITISS^ St TEL: *****33 (12 Llmb) Z=l FAX: ***** IS/*****03 fri TELEX: RS ***** RISHIP (3 Liiws) A ETHIOPIAN SWPPW6 LINES r 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANCMNET 24W8 30/08 OARESSALAAM. MOMBASA. OJIBOUTI ASSAB MASSAWA ABYOT 2SWB 22/08 OARESSALAAM MOMBASA.
      483 words
    • 1330 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD cta eta n» VOK WRT KELANC rMM BUI UW 30/1 20/9 Loadmi foe Mill MMi HUDMU 10/9 LM*H( tor Calcutta DOLMM 12/1 Loaftnf For Ma* men sums n/» loadMf For UaM OOMKULM IS n Loaded For Fekwaru wans inn »/9 Loads* tec
      1,330 words
    • 360 39 SaaiN TICB-Une VSL VOY SINGAPORE MAORAB SINGAPORE VESSEL VOY SM MM SM TIGER BAY 171N 30 31/04 04-04/09 14-15/ M EAGLE CAPE 017 31-31/04 05-04/09 14-14/09 TIGER STAR 172N 10-11/09 17-19/09 25-24/09 TIGER CLFF 03CS 05-04/09 11-13/09 03-04/10 VBL VOY BMQAPORE/CALCUTTA/BMGAPORE VESSEL VOY SM CAL SM TWER RIVER 135CN8 30-31/01
      360 words

  • Page 40 Advertisements
    • 1132 40 S'PORE MPORT:'22I6OO2 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 PEN SIN PEN PK SIN Cotooibo 7/9 g/g 9/9 5/9 6/9 7/9 Ldn/Fh/Rdl A "I 1^_/A Durban/Pt Louis 29/8 30/8 31/8 31/8 1/9 2/9
      1,132 words
    • 299 40 ftefc bline star line TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS 9N NPI AKL ITT SM nOVECT 14S 14/9 20/9 VU NPI 20/9 15/10 MAMDAMA 0504 21/9 3/10 VU NPI 5/10 22/10 nam ios u/io wm. 13/10 30/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT
      299 words
    • 1160 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SING A P TO" M AUW SIA IPSa VfY ETA ffST VESSEL VQT SPOtE P. BTIIMt KIM SOON LI 29/91E 31
      1,160 words


  • Page 42 Advertisements
    • 173 42 NATIONAL EXPRESS FORWARDERS (S) PTE LTD 139 N*w Iridg* Rood #14-03, Chinatown Paint, Sinjapora 010S T«it ******6 (6 Urns) feu *****51 Rotterdam, Genoa, Hamburg, y| lndJa|l Nona Kong, Bangkok, Ptnang, I Sydn«y, Mdbounw, FiwnantW Chino Pods "mmm—m————J •Regular import consolidation from:EUROPE*USA*Far last* South East Asia "And also Project •Breakbulk Specially
      173 words
    • 15 42 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words
    • 138 42 UP. LIVING II -vs EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youH 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
      138 words

  • Page 43 Advertisements
    • 135 43 ■V mm Wl|l|§l ll^^l */fl -^*o*o*^lil^n^l I^ "W'/ IH||B i wt&A K Y la P^ Scalpel...scissors...sutures.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day
      135 words
  • Page 43 Miscellaneous
    • 296 43 TIDES AND WEATHER I TODAY'S TIDES (height in metres) HOW *****1 M 0210 *****400 MM MOO 0700 MOO 0900 *****1M**********00 ISM *****7W1M***** 2ND 2100 22M2301 ft 2.7 2.9 28 2.5 14 1.2 0.7 05 0.4 06 1.1 1.7 2.6 2.8 2.7 2.4 10 1.4 0.9 0.6 0.4 06 0.9 1.5
      296 words

  • Page 44 Advertisements
    • 830 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EA3TBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST rang vor hi rut Is* lie mm. vqt lbh oak se« nt hmil wr tcm/s» ptl WAN Mi 203 Oil 26/01 27/01 29/00 H. EXPLORER 421 23/09 20/09 20/09 HARBOUR BUDGE
      830 words
    • 163 44 PASJR GUDANG/SINGAPORE TWICE WEEKLY SAM.INGS QUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 029S 30/8 31/8 030$ 02/9 03/9 031S 06/9 07/9 032S 09/9 10/9 033S 13/9 14/9 034$ 16/9 17/9 RASIR GUDANG SINGAPORE (07) ***** (V *****1 (02)534-0042 SSESS S 7 A A m M I I DAMAR
      163 words
    • 575 44 CHARTPOINT Every Saturday in Business Times NOTICE NOTICE M.V. ALTAIR ACE VOY. Arrived Singapore 18JJ1 Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a General Survey will be held on the 30th August 1991 (Friday) at Paslr Panjang Pt 10 0900 1200 hours. No further
      575 words