The Business Times, 6 September 1991

Microfilm: NL17688
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday, September 6, 1991 75®
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  • NEWS SUMMARY
    • Article
      Vietnam opens first forex trading centre
      58 1 HANOI Vietnam has opened its first foreign exchange trading centre as part of Hanoi's push towards a free market economy, a report in the Saigon Newsreader bulletin said yesterday. The Vietnamese currency closed lower at 10,800 dong per US dollar from an opening of
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    • Article
      EC to roll over aid to Third World
      40 1 BRUSSELS The European Commission has proposed rolling over a package of European Community trade concessions to poorer countries until Gatt world trade liberalisation negotiations have been concluded, a Commission official said yesterday.
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    • Article
      Date with death
      26 1 MEMBERS of Singapore's richest private club will gather tonight to sign the death warrant of the club as they know it Page 2
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    • Article
      Mendaki venture
      25 1 YAYASAN Mendaki has launched a joint-venture company, Mendaki Travel and Tours Pte Ltd. which will offer Haj packages to Muslim pilgrims Page 2
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    • Article
      Foothold for Thai bank
      33 1 THE setting up of the Cambodian Commercial Bank in Phnom Penh on July 1 has given Thailand one of its strongest footholds yet in the infant market Page 8
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    • Article
      Polls in Thailand
      31 1 THAILAND will hold free elections early next year, says Prime Minister Anand Panyarachun, who hopes the country's military will move along the road towards liberal democracy Page 8
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    • Article
      Doubts in Moscow
      37 1 ECONOMIC reform in the Soviet Union is now impossible, but it is now very doubtful that a Union treaty in any form, and with it a new Soviet Constitution, will be signed Page 10
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    • Article
      US bankruptcies rising
      24 1 BANKRUPTCIES in the US are expected to hit a record one million this year, says the American Bankruptcy Institute Page 11
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    • Article
      New terminal for Klang
      41 1 THE KLANG Port Authority (KPA) is investing some MSB.6 million (555.3 million) in a second container terminal to cater for the strong increase in box cargo volume expected at Malaysia's main sea gateway. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      37 1 WALL STREET headed higher early yesterday, recouping a little of the ground it lost in the past few sessions. The Dow Jones Industrial Average rose 2.46 points to 3,010.96 in the first hour of trading.
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    • Article
      Footsie lower
      24 1 LONDON share prices were slightly lower at midday yesterday. At 1113 GMT, the FTSE 100-Share Index was down 3.2 points at 2,661.5.
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    • Article
      Genting Int'l
      29 1 NEWLY-LISTED Genting International, hit by huge foreign exchange losses, turned in poor results. For the six months to end-June, net earnings fell 78 per cent Page 3
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    • Article
      S Toto arm upbeat
      22 1 THE GAMING division of Sports Toto Holdings is expecting turnover to rise 35 per this year Page 3
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    • Article
      KL acts to curb abuse
      30 1 THE MALAYSIAN Finance Minister has announced measures to reduce abuses by nonbumiputras who use bumiputra names to apply for new public share issues Page 3
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    • Article
      Debt financing wanted
      20 1 THE long-delayed Thai olefins project is seeking debt financing of about US$4BO million (SSB26 million) Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 694.87 -0.90 Kuaia Lumpur ....562.50 +0.67 Tokyo 22,499.65 +96.96 Hongkong 3.990.16 -16.29 Sydney 2,415.4 +4.9 Wednesday Change New York 3.008.50 -9.16 London 2.664.62 -4.4
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7175 100 Yen SS 1.2694 MS SS 0.6178 Money market rates Overnight 4-3/4 +1 3-month 5-1/16% unch
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    • Article
      COMMODITIES
      39 1 London GoM AM fix USS347.30 USS-1.30 Rubber S pore Oct.... 137.50Vkg -0.75 M'sia Oct 225.50*/kg unch KL Tin Turnover 59 tonnes -1 Spot MS 15.15 /kg unch Crod« palm oil Turnover 1,466 lots +404 Oct MS781 /tonne -17
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  • Article
    2 senior ministers going back to private sector
    1121 1  -  PM Goh brings several new faces into govt By Anna Teo SINGAPORE Two senior members of Prime Minister Goh Chok Tong's team Education Minister Tony Tan and Minister for National Development S Dhanabalan will be leaving the Cabinet to return to the
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  • Article
    Years of service have won respect for Dhana and Dr Tan
    221 1 SINGAPORE S Dhanabalan and Tony Tan are two of the most experienced and respected members of Cabinet. Both have at various points in their careers looked after two ministries. Mr Dhanabalan, 54, spent eight years with the Economic Development
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  • Article, Illustration
    Did this spark off those rumours?
    137 1 SINGAPORE Could this have been the cause of all those rumours on Tuesday and Wednesday about Prime Minister Goh Chok Tong's impending resignation? In the Tuesday edition of Tamil Nesan, the leading Tamil daily in Malaysia, the pictures for two articles were transposed. On
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  • Article
    Khamis stops Stanchart from selling Marina Village
    511 1  -  By Dawn Tan SINGAPORE Moroccan businessman Elyamani Khamis successfully staved off a move by Standard Chartered Bank to put up his flagship company, Marina Village International, for sale. But the respite is temporary. Mr Khamis, who sold off the food and entertainment complex
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  • Article
    Thinking of buying property in the region?
    57 1 IN THAILAND, rules have recently been liberalised for foreigners to own property. In Australia, prime properties are going a-begging. But is it the right time to go in? BTs 24-page Property and Construction Supplement gives some pointers. Don't miss it on Sep 10.
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      Page 1 Advertisements Column 1
      300 1 Watches of Switzerland Stores at: #01-16 Scotts Shopping Centre Tel 737 3708/*****43 #02-06 Wisma Atria Tel: *****48/*****04 #01-32/33 The Forum Tel: *****28/*****29 Mill 111 111 II Aircraft Schedule 27 Money Changer Rates 27 World News 10,11 Commodities 26 Money Market 25 Company News 3.4,6 Regional News 8 For market indices,
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      13 1 Election '91: The need to work the ground, Pg 12 Editorial, Pg 12
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Mobil acts to fight oil spills
        77 2 MOBIL has put a truck on the road to fight oil spills. Responding to an Environment Ministry ruling for oil companies to collect waste oils from service stations, Mobil built a vacuum truck, equipped with absorbent pads, chemical dispersants and other equipment to fight
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      • Article
        ERA annual conference
        96 2 THE Educational Research Association will hold its fifth annual conference tomorrow and Sunday. The theme of this year's conference is "Research and Educational Change". Speakers include John Yip, the director of education. Professor Rob Walker from Australia's Deakin University and Professor Julius Menacker of the University of
        96 words
      • Article
        Moulding future leaders
        81 2 THE Singapore Government, the National Trades Union Congress, statutory bodies, professional bodies, chambers of commerce and the private sector have been invited to nominate candidates to attend a conference at Oxford University next July. The Duke of Edinburgh's Commonwealth Study Conference is held every six years to
        81 words
    • Article
      Showcase of urban, transport planning
      198 2 DUBBED Asia-Pacific's premier show on urban and transport planning, City Trans Asia '91, to be held at the World Trade Centre (WTC) from Sep 14-17, will feature the Republic's plans for The Next Lap, living and working environments of the 21st Century and transport technologies
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    • Article
      SICC members to meet on surrendering control to PUB
      560 2  -  By Lee Han Shih MEMBERS of Singapore's richest private club will gather tonight to sign the death warrant of the club as they know it. And many cannot wait for it to happen. A few hundred members, out of a total
      560 words
    • Article, Illustration
      Compounding Technology to make computer chips casings in S'pore
      334 2  -  By Genevieve Cua US-BASED Compounding Technology has picked Singapore as its first overseas manufacturing site for computer chip casings, a process that is high on technology but low in its demand for manpower. The $3.2 million plant in Tuas has just
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    • Article, Illustration
      Largest emergency transportation exercise for fuel rationing
      418 2 MORE than 200,000 motor vehicle owners will be invited this month to participate in what will be the largest emergency transportation exercise for fuel rationing. The 10-day exercise, starting next Thursday, will also involve 650 harbour craft and about 55 airlines. Announcing this
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    • Article
      Mendaki launches joint travel company
      406 2  -  By Sylvia Wong YAYASAN Mendaki, the umbrella organisation for Malays/Muslims in Singapore, is making the first of several business ventures by entering the travel industry. Yesterday it launched a joint-venture company called Mendaki Travel and Tours Pte Ltd (MTTPL) which will offer Haj packages to
      406 words
    • Article
      Two more private schools for expatriate children
      321 2 INVESTORS in the private sector have pooled their resources to set up two foreignsystem schools for expatriate children, a move that would help to ease the pressing shortage of foreign schools. The schools the English College and Canadian Overseas College are both located
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    • Article
      Need to combine technical training with business skills
      310 2 NUS Convocation '91 THE globalisation of Singapore companies depends on graduates who can combine their technical training with business skills, said Lim Soon Hock, the guest speaker at the National University of Singapore convocation yesterday. Mr Lim, who is the managing director
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      498 2 HRH THE DUKE OF EDINBURGH'S SEVENTH COMMONWEALTH STUDY CONFERENCE Oxford University 10-25 July 1992 Applications are invited to participate in the above Conference. Background of the Conference This will be the seventh of the Study Conferences that have taken place at six-yearly intervals since HRH The Duke of Edinburgh initiated
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  • COMPANY NEWS 1
    • Article
      Forex losses pull profits at Genting Int'l down 78pc
      481 3  -  Losses came from positions held largely in the German mark By Magdalene Ng SINGAPORE Genting International, which recently started trading on Clob International, has turned in a poor set of latest interim results due to huge foreign exchange losses. For the
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    • Article, Illustration
      Lock icon Malaysia spells out ways to fight abuses in share issues
      276 3 Bernama KUALA LUMPUR Finance Minister Datuk Seri Anwar Ibrahim yesterday announced several measures to reduce abuses by non-bum iputras who use bumiputra names- in applying for new public share issues. Speaking at the presentation o£ keys to house buyers in
      Bernama  -  276 words
    • Article
      Lock icon Three KL stocks take off on airport decision
      268 3 MBT KUALA LUMPUR Share prices of Malaysian Resources Corp Bhd (MRCB), Bedford Bhd and the East Asiatic Co (EAC) on the Kuals? Lumpur Stock Exchange have been appreciating since the Cabinet decided on Sepang as the new site for a new international
      MBT  -  268 words
    • Article
      Lock icon Former CEO of Fima Metal Box ousted as director
      268 3 MBT KUALA LUMPUR Shareholders of Fima Metal Box (FMB) yesterday voted out its former chief executive officer Haji Baniamin Jalaluddin as director. With the removal of Haji Baniamin, FMB now has seven directors. FMB chairman Tan Sri Basir Ismail said the
      MBT  -  268 words
    • Article
      Receiver named for Imatex unit as part of revamp
      262 3  -  By S N Vasuki SINGAPORE Ailing Malaysian property group Imatex Bhd has announced that a receiver has been appointed for its wholly-owned subsidiary', Desa Puchong Sdn Bhd. This is part of a restructuring scheme which Imatex revealed early this year. The
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    • Article
      Steamers, P & O enter joint-venture agreement
      313 3  - Steamers, P O enter joint-venture agreement By Selva Kumar SINGAPORE Steamers Maritime Holdings Ltd has entered into a conditional agreement with UK-based P O Containers Ltd to transfer the agency business of its wholly-owned subsidiary to a new joint-venture company. The new Singapore-based joint-venture company will take over the entire
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    • Article
      Berjaya confirms Philadelphia race track stake
      293 3 KUALA LUMPUR The Berjaya Corp group has confirmed its investment in a horse racing track in Philadelphia but denied that US corporate raider Paul Bilzerian has any stake in that deal. Business Times reported last weekend (31/8-1/9 issue) that Berjaya chief Tan Sri Vincent
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    • Article
      Lock icon Sports Toto expects 35pc growth for gaming arm
      248 3 MBT KUALA LUMPUR The gaming division of Sports Toto Holdings is expected to show a growth of about 35 per cent in turnover this year due to its launch of a third draw each week since April 1. Inter-Pacific Industrial Group general
      MBT  -  248 words
    • COMPANY BRIEFS
      • Article
        OCBC raises stake in Aussie firm to 66pc
        73 3 SINGAPORE The Oversea-Chinese Banking Corp has raised its stake in Australia's David R Bleakley and Associates Pty Ltd (DRBA) to 66 per cent from 40 per cent. OCBC's wholly-owned Australian unit. Bank of Singapore (Australia) Ltd, purchased 13,000 DRBA shares of Asl
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      • Article
        UMW in M$18m deal with KTM
        78 3 KUALA LUMPUR The UMW Group of Malaysia yesterday signed an MslB million contract with Malayan Railway (KTM) for the manufacture and supply of power-generating cars for KTM's passenger coaches. The UMW Group will be the first Malaysian company to make power-generating cars in the
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      • Article
        Bata enjoys better results
        116 3 KUALA LUMPUR Bata (M) Bhd has reported a 52 per cent increase in its group pre-tax profit to M$ 14.76 million for the six months ended June 30, compared with M 59.71 million in the previous corresponding period. Group turnover rose 23 per cent to M
        116 words
      • Article
        UEM unit launches new phone
        103 3 KUALA LUMPUR United Engineers (M) Bhd's whollyowned subsidiary, Uniteers Communications Sdn Bhd, yesterday launched a new cellular phone model, the Oki 900 Elite, featuring four features currently not available anywhere in the region. Uniteers general manager Tay Kiong Hann said that the phone featured a
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      • Article
        Lam Soon Huat's profit forecast
        134 3 KUALA LUMPUR Lam Soon Huat Development Bhd, which is making a general offer for Sri Hartamas Corp Bhd, has forecast a consolidated pre-tax profit of M 523.814 million for the year ending Dec 31. in its general offer document issued yesterday, Lam Soon Huat said
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    • COMPANY BRIEFS
      • Article
        Mystery Indon investor buys Auckland building
        93 4 AUCKLAND A mystery Indonesian investor has bought one of Auckland's bigger office buildings, the New Zealand Herald reported yesterday. The Australian insurance company, AMP Society, sold the 15-level, 16-year-old Downtown House on Queen Street for more than $10 million (US$5.7 million). Rob Hutchison, director
        93 words
      • Article
        Sony Pictures unit for Japan
        88 4 TOKYO Sony Pictures Entertainment, a California-based subsidiary of Sony Corp, said on Wednesday it would establish a subsidiary in Japan to meet the heeds of its diverse audio and visual media market. Sony Pictures was formerly named Columbia Pictures Entertainment and was acquired by the
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      • Article
        NZ's Quality Inn Hotels sold
        106 4 AUCKLAND New Zealand's chain of 12 Quality Inn Hotels, owned by collapsed Australian firm Tricontental, was sold on Wednesday for between NZ$55 million and NZ$6O million (Sss4 million and Ss6o million), the New Zealand Herald reported. The actual price and the shareholding structure of the
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      • Article
        Mitsui plans new M'sian plant
        67 4 TOKYO Japan's Mitsui Mining and Smelting Co said on Wednesday that its Malaysian subsidiary had agreed to build a new plant to produce adhesive-coated copper foil for printed circuit boards. The new plant will be built at a cost of Ms3o million (SslB million) on
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    • Article
      Lock icon E Asian investors buy more London retail houses
      448 4 Prestigious department stores top on shopping list Reuter LONDON East Asian retailers seem to think the Streets of London are paved with gold. They have spent more than £100 million (about SS29O million) this year alone buying prestigious retail houses in Britain's
      Reuter  -  448 words
    • Article
      Yaohan to open shop in Shenzhen this Sunday
      437 4  -  Japanese retailer is first foreign distributor in China From Koichi Ishiyama in TOKYO YAOHAN International, a Japanese retail conglomerate with a presence in several Asian cities, yesterday announced that it will open its first shop in China this Sunday. Its entry into
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    • Article
      Lock icon Yaohan-Shun Tak project loan to be signed soon
      269 4 Reuter HONGKONG A HK$3OO million (Ss66 million) syndicated loan agreement for a Macau development project between Yaohan International Co Ltd and Shun Tak Development Ltd will be signed this month, the groups announced on Wednesday. The Japanese retail conglomerate, Yaohan International, the
      Reuter  -  269 words
    • Article, Illustration
      Lock icon Jakarta exchange probes Argo over insider trading
      420 4 Reuter JAKARTA The head of Indonesia's stock exchange, Marzuki Usman, said he would investigate a profit forecast cut by textile company Argo Pantes to see if insider trading was involved. Reports of the revision last week shook the exchange and its index dropped
      Reuter  -  420 words
    • Article
      Klipbuas buy up MMC's stake in Thai mine
      260 4 BANGKOK Thailand's Klipbua family has bought the remaining 46 per cent stake held by Canada's Metal Mining Corp (MMC) in the Song Toh mine north of Bangkok, the Bangkok Post reported recently. Song Toh is South-east Asia's largest underground lead and zinc
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    • Article
      Lock icon Australia's BTR Nylex posts 41pc fall in profit
      276 4 Reuter MELBOURNE Industrial conglomerate BTR Nylex Ltd said it saw no evidence of economic recovery in markets where it operated after reporting a 413 per cent slump in net profit to A 5153.20 million (*****.15 million) in the half year to June
      Reuter  -  276 words
    • Article
      Is the Jakarta bourse worth the trouble?
      696 4  -  THE HOCK LOCK SIEW COLUMN Those who take the long-term view will be rewarded By William Chia SINGAPORE Investors can hardly be blamed if lately they have been feeling that investing on the Jakarta Stock Exchange (JSE) is just not worth the trouble.
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    • Article
      Aston-Tate, Borland say tie-up won't hit Asian staff
      328 6  -  From Claire Leow in KUALA LUMPUR THE PROPOSED merger of American software giants As-ton-Tate and Borland, which was announced in July, is not likely to affect employees in this region, company spokesmen told BT. Talk of layoffs has been rife, especially as
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    • Article, Illustration
      Lock icon Former Brent Walker chief took 15pc pay rise despite £1.4b debt load
      339 6 Reuter LONDON George Walker, the former boxer who founded British leisure firm. Brent Walker Group pic, received a 15 per cent pay increase in 1990, earning £606,000 (SSI.B million). In that time the company, struggling to restructure £1.4
      Reuter  -  339 words
    • Article
      Lock icon Occidental Petroleum sells stake in meatpacker giant IBP
      395 6 AP LOS ANGELES Occidental Petroleum Corp said on Wednesday it will sell its 51 per cent stake in IBP Corp, the giant meatpacker that generated half of Occidental's US$2O billion (5534.4 billion) in 1990 sales but only a fraction of its profit.
      AP  -  395 words
    • Article
      Lock icon Analysts blame poor earnings quality for Campbell's share fall
      391 6 Reuter PHILADELPHIA, Pennsylvania Campbell Soup Co's fourth quarter profit matched Wall Street estimates, but its shares fell on what analysts called poor earnings quality and concern the stock is getting pricey. Campbell earnings per share rose 37 per cent in the
      Reuter  -  391 words
    • COMPANY BRIEFS
      • Article
        Benetton apologises for new-born baby poster
        68 6 LONDON International fashion retailer Benetton apologised on Wednesday for shocking Britons with an advertisement showing a new-born baby but said it was surprised by the reaction. Britain's advertising watchdog, the Advertising Standards Authority (ASA), said it had received more than 800 complaints about the
        68 words
      • Article
        Seagate's restructuring costs
        77 6 SCOTTS VALLEY, California Seagate Technology Inc said its previously announced restructuring efforts are estimated to result in costs of about US$5.B million (559.98 million) which will be charged to operations in fiscal 1992. In addition, the company said it may not be profitable in the 1992 first
        77 words
      • Article
        Seagram sees stronger 2nd half
        97 6 MONTREAL, Canada Seagram Co Ltd said it expects a stronger second half and sees its 1991 operating income exceeding the US$7OB million (Ssl.2 billion) it earned in 1990. The company earlier posted second quarter net of $149 million, or $1.58 a share, compared with year
        97 words
      • Article
        Dutch telecom's profit up 7.3pc
        111 6 GRONINGEN, The Netherlands The Dutch PTT services, which were partially privatised in 1991, made aet profits of 796 million guilder (*****.7 million) in the first half of the year, up 7.3 per cent from 742 million guilder during the same period of last year, the
        111 words
      • Article
        Hillsdown's Canadian benefits
        77 6 LONDON British diversified food group Hillsdown Holdings pic is seeing increasing benefits from its 56 per cent owned Canadian subsidiary Maple Leaf Foods Inc and this helped bolster group profit figures, analysts said. They added that the results showed the management's ability to restructure acquired companies, cut
        77 words
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      Page 3 Advertisements Column 1
      142 3 FOR THE WORLD'S MOST TREASURED WATCHES IWC S&*** fSCS One establishment in Singapore The name: Cortina Watch Centre. The most trusted place to purchase quality time pieces like the remarkable The Ingenieur from IWC. It takes 222 The Ingenieur from IWC. It takes 233 Ingenieur, by IWC. individual parts to
      142 words
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      145 6 THE MAN BEHIND THE WHEELS OF THE XM IS INDEED A VERY PRIVILEGED AND EXTRAORDINARY MAN. Privileged. For not only will he be treated to a very special price, he will also be given an exclusive Two Year Warranty which covers all maintenance services J and repairs, with no charges
      145 words
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  • FINANCIAL NEWS
    • Article
      Thai olefins project seeks funds
      411 7  -  Two major groups to bid for USs4Bom mandate next week By Quak Hiang Whai SINGAPORE The Thai olefins project, which is finally taking off after much delay, is looking for a financing package from banks in the region. The US$72O million (551.24 billion) project to
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    • Article
      Lock icon Ex-Saitama Bank employee arrested over forged documents
      416 7 Japan's financial scandal Counterfeit deposit certificates used as collateral UPI TOKYO Prosecutors arrested a former bank employee yesterday on suspicion of forging nearly US$6O million (SSIO3 million) in deposit certificates for customers to use as collateral for loans. The Tokyo district public prosecutor's
      UPI  -  416 words
    • Article
      Lock icon N Zealand tightens up corporate accounting standards
      269 7 Reuter WELLINGTON Corporations seeking funds from the public will soon be required to follow Generally Accepted Accounting Practices unconditionally, Justice Minister Doug Graham said. The move will affect all those listed on the NZ Stock Exchange, those which by law must file a
      Reuter  -  269 words
    • Article
      Lock icon Ruling on Swiss bank's Milan assets soon
      295 7 Reuter MILAN A ruling on a request to sequester the Italian assets of Geneva-based Banque Dumenil Leble (Suisse) SA, which says it is the victim of an 85 billion lira (about S$ 113 million) stock fraud, is expected by the end of the
      Reuter  -  295 words
    • Article
      Lock icon First Chicago expects rise in non-performing assets
      353 7 Reuter CHICAGO First Chicago Corp said non-performing commercial and highly leveraged transaction loans are likely to increase in the future if the economy does not improve. First Chicago said in its second quarter report, filed with the US Securities and Exchange Commission, that
      Reuter  -  353 words
    • Article
      Lock icon BNL says it's not liable for debts of Agrifactoring
      330 7 Reuter ROME State-owned Banca Nazionale del Lavoro (BNL) fired another shot in the battle with foreign banks over the 240 billion lira (about Ss3lB million) they are owed by failed farm finance group Agrifactoring. BNL chairman Giampiero Cantoni said his bank
      Reuter  -  330 words
    • Article
      Lock icon Hambros to weather agency losses
      191 7 Reuter LONDON UK merchant bank Hambros pic is forecast to turn in a reasonable increase in profits next year despite few prospects of short-term improvement at its loss making estate agency business. Analysts are looking for up to £90 million for the year to end
      Reuter  -  191 words
    • Article
      Arabian Oil raising US$200m through bond issue
      264 7  -  By Quak Hiang Whai SINGAPORE Japanbased Arabian Oil Company yesterday launched a US$2OO million (***** million) bond issue, with the Asian tranche lead managed by merchant bank Nomura Singapore. A statement from Nomura yesterday said the joint venture oil company is raising US$2OO
      264 words
    • SMALL CHANGE
      • Article
        Bank of China to strengthen HK profile
        99 7 HONGKONG The state-owned Bank of China (BOC) plans to strengthen its Hongkong profile in the next five years, the bank's chairman Wang Deyan said. Hongkongbased China News Service (CNS) quoted Wang as saying in Beijing that BOC would gradually increase its role in
        99 words
      • Article
        Paribas says Omni debt covered
        104 7 PARIS French banking group Cie Financiere de Paribas said most of its 244 million Swiss francs of commitments to troubled Swiss finance group Omni Holding AG are covered by securities of two quoted firms involved with Omni. Responding to a report in a Swiss newspaper,
        104 words
      • Article
        UK banks grant loan to China
        115 7 BEIJING A syndicate of nine British banks, led by the Midland Bank, has agreed to grant China a US$l7O million government-backed loan. A source at the British Embassy here said the 20-year loan, with an interest rate of less than five per cent, was
        115 words
      • Article
        Market confidence seen eroding
        84 7 WASHINGTON US financial services firms should develop better risk assessment techniques and disclose more information to regain public confidence in the financial markets, regulators and financial industry experts say. "There's a clear loss of faith, particularly by Main Street. We must slow the erosion of confidence
        84 words
      • Article
        Austrian banks finalise merger
        87 7 VIENNA Austria's Oesterreichische Laenderbank AG and Zentralsparkasse und Kommerzialbank Wien (Z-bank) have finalised plans to merge, a Z-bank spokeswoman said. A statement from Z-bank said the supervisory boards of both banks had signed an agreement to merge a move which will create the largest bank in
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      Page 7 Advertisements Column 1
      16 7 Expand Overseas How J Franchise!!! Contact: Franchise Development Services (Singapore) Tel: 225 7811 Fax 224 0723
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      Page 7 Advertisements Column 2
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  • THE REGION
    • NOTE BOOK
      • Article
        Indonesia to host next Non-Aligned summit
        112 8 JAKARTA Indonesia has achieved a long-term diplomatic goal to lead the Non-Aligned Movement and plans to switch the focus of the Third World forum it was instrumental in founding 30 years ago. Foreign ministers of the 103-nation movement meeting in Accra announced on Wednesday
        112 words
      • Article
        Philippine inflation rises
        74 8 MANILA Philippine year-on-year inflation climbed to 19.0 per cent in August from 18.4 per cent the previous month and 11.1 per cent in August last year, the National Statistics Office said. The cut of up to 25 per cent in the retail prices of petrol and other
        74 words
      • Article
        Indon nod for Aussie broadcaster
        94 8 SYDNEY Indonesia has given the go-ahead to the Australian Broadcasting Corporation (ABC) to base a correspondent in Jakarta after a break of more than 10 years, an ABC spokesman said yesterday. A senior journalist, lan Macintosh, who is currently based in Singapore, will take up
        94 words
      • Article
        Loan guarantee for Manila
        85 8 WASHINGTON The US Export-Import Bank announced approval on Wednesday of a loan guarantee to support US$2O million in US exports to the Philippines. The US government bank will back a US$l7.7 million loan from Citicorp to the Development Bank of the Philippines, which will lend the
        85 words
      • Article
        Call for better India-Aussie ties
        81 8 NEW DELHI India proposed on Tuesday a fusion of its inexpensive labour and managerial expertise with Australian high technology and natural resources to boost economic ties. Minister of State for Commerce Palaniappan Chidambaram made the proposal at the opening of a Joint Business Council meeting
        81 words
    • Article
      Thailand explores investment opportunities in Indonesia
      295 8 JAKARTA Thailand, facing lack of raw materials and rising labour and land costs, is exploring the possibility of investing in Indonesia, reports the Jakarta Post. A mission of 14 Thai investors, led by the secretary general of Thailand's Board of Investment (BOI), Chira Panupong,
      295 words
    • Article
      Thailand gains strong foothold in Cambodia
      641 8  -  Bank partnership lays foundation for more trade From Michelle Rowe in BANGKOK THE ESTABLISHMENT of the Cambodian Commercial Bank in Phnom Penh on July 1 this year, the nation's first partly foreign-owned bank, has laid the foundations for development of trade and investment in
      641 words
    • Article, Illustration
      Timber estates must be set up soon, says Suharto
      362 8 JAKARTA President Suharto has emphasised once again the importance of speeding up, the implementation of timber estate development in order to reduce the dependence of the country's steadily expanding woodprocessing industry on natural forests. Minister of Forestry Hasjrul Harahap told the
      362 words
    • Article, Illustration
      Lock icon Free elections to be held early next year: Anand
      971 8 AP BANGKOK Prime Minister Anand Panyarachun affirmed on Wednesday that free elections would be held early next year and said he hoped the country's dominant military would move along the road towards liberal democracy. Mr Anand said he could not guarantee
      AP  -  971 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      267 8 ffIaCRANriELD MBA W Candidates are invited to apply for the Cranfield MBA programme commencing January 1992 in Singapore. The programme uses a variety of latest learning methods, including distance learning techniques. Students who successfully complete the 2-year programme will be awarded the internationally renowned Cranfield MBA degree. This degree is
      267 words
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      Page 8 Advertisements Column 2
      286 8 OKLAHOMA CITY 1 UNIVERSITY INTERNATIONAL BUSINESS AND FINANCE—— OCU, founded in 1904, has along tradition of excelence. hit NPA, in conjunction with OCU, is pleased to announce that fully accredited by tie North Central Association of Colleges applications are now open for the OCU MBA program Majoring and Secondary Schools
      286 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      327 9 How do you like the ■K sound erf an interest wk earning account with #1 cheques and a little The interest will put you on more iazz*> a high note. J Fusion Account is an interest earning The daily interest rate is very competitive, account from Standard Chartered Bank which
      327 words
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  • THE WORLD 1
    • Article
      Experts debate Soviets' need for central control
      560 10 Crisis in the Soviet Union Less government could be more, some say DEMORALISED by shoddy goods, chronic shortages and exploding inflation, the Soviet people have learned the hard way that they cannot live with central planning. But with the centre withering and negotiations
      560 words
    • Article
      Lock icon Britain dodges Baltic gold issue
      372 10 FT VILNIUS, Lithuania Mr Douglas Hogg, the first British Minister to visit Lithuania in 50 years, said on Wednesday Britain was keen to help the Baltic republic in every way possible but remained evasive over the question of compensation for Baltic gold. "We have not
      FT  -  372 words
    • Article
      Lock icon Call to grant Soviets collateralised loans
      250 10 Reuter FRANKFURT The Soviet Union should be granted collateralised loans that will enable it to overcome the critical period of transformation to market economics, a leading German banker told reporters. "The critical period of economic reforms could be bridged with credits, for instance from
      Reuter  -  250 words
    • Article, Illustration
      Lock icon Renewed Soviet Union vital for arms control: Kohl
      271 10 Reuter BONN German Chancellor Helmut Kohl says only a renewed Soviet Union can continue Moscow's arms control policies and expect Western economic aid. The Soviet Union can make further progress in reducing nuclear weapons and cutting troop levels only if its republics
      Reuter  -  271 words
    • Article
      Lock icon Estonians face up to economic realities
      376 10 AP TALLINN, Estonia Estonians heady with their newly won nationhood are sobering up to the reality that they remain heavily dependent on Soviet republics that buy their wares and sell them cheap raw materials. But the Kremlin says it won't give up scores of
      AP  -  376 words
    • Article
      Lock icon US bankruptcies likely to hit record 1m this year
      360 11 New England sees greatest increase in filings AP WASHINGTON A record one million American consumers and businesses are likely to file for bankruptcy this year, with the heaviest filings in economically shellshocked New England, the American Bankruptcy Institute said on Wednesday.
      AP  -  360 words
    • Article
      Lock icon Govt debts threaten US recovery
      362 11 Reuter WASHINGTON Swelling government debts threaten to stifle a budding US recovery even as pressure grows for the US to provide financial aid to Eastern Europe, economists say. White House the Treasury has no difficulty in selling hundreds of billions of dollars of securities it
      Reuter  -  362 words
    • Article, Illustration
      White House disavows ad attacks
      50 11 WASHINGTON The White House disavowed on Wednesday a TV ad (above) by a private group supporting US President George Bush's nomination of Clarence Thomas to the Supreme Court. The ad makes personal attacks against leading Democrats involved in the confirmation process, including Senator Edward Kennedy.
      50 words
    • Article
      Lock icon Third World debt burdens easing: OECD report
      376 11 Net flows of resources to poor countries picking up AFP PARIS Third World countries' overall external debt stood at U551,450 billion (552,500 billion) by the end of last year, up from U551,390 billion in 1989, but debt burdens have begun easing and net
      AFP  -  376 words
    • Article
      Lock icon Economist sees moderate growth for Japan
      293 11 UPI NEW YORK Japan's economy, which expanded at double-digit rates in the past year in spite of tight money conditions and declining demand for domestic-made goods, should enter a period of moderate growth, says the Conference Board. The Japanese economy had withstood a dramatic
      UPI  -  293 words
    • Article
      Lock icon Inflation, jobless problems still dog Switzerland
      418 11 Reuter ZURICH After three successive quarters of negative growth, Swiss inflation is still higher than in most major Western countries. A ferociously tight monetary policy, aimed at stamping out inflation, has killed any chance of economic expansion this year and unemployment has jumped to
      Reuter  -  418 words
    • Article
      Lock icon Mexico's rebound from debt woes lauded
      554 11 Reuter PARIS Ten years after triggering a global crisis by halting payments on its huge foreign debt, Mexico is leading Latin American back to financial respectability, the OECD said yesterday. Mexico, along with Chile, Venezuela and Colombia, benefited from a jump in private capital
      Reuter  -  554 words
    • WORLD WATCH
      • Article
        EC approves US$11.8m technical aid to Moscow
        74 11 BRUSSELS The European Community approved US$ll.B million (5520.3 million) in technical assistance for the Soviet Union on Wednesday, the first instalment of a long-delayed U551,062 billion programme. The aid package, to be spent by the end of next year, was allocated by the
        74 words
      • Article
        Poland calls for EC concession
        85 11 THE HAGUE Polish Foreign Minister Krzysztof Skubiszewski has urged the European Community to put Poland's trade interests before its own in an association accord expected to be signed next month. "There is room for certain asymmetrical arrangements. They cannot be in favour of the Community.
        85 words
      • Article
        Report urges self-sufficiency
        82 11 TOKYO A Japanese study says the future agricultural export capability of the US, the largest food supplier to Japan, is uncertain and urges Japan to raise its food self-suffi-ciency. In spite of US pressure for Japan to open up its closed rice market, US government reports on
        82 words
      • Article
        Taipei's August exports down
        69 11 TAIPEI Taiwan's exports slid 15.6 per cent last month over the previous month as the island's competitive edge was blunted by the rising value of the local currency, the Finance Ministry said yesterday. The US$6.l6 billion (5510.6 billion) of exports, against US$5.2 billion of imports, dragged
        69 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      397 10 II [1 C*ingaporo 111 r^yßusmess9\wards ill I C 11 womowtoe ex**ess« ■11 1 Business Times jl I II your candidate**for jl I HI Singapore's most prestigious business accolades I IN 1985, BUSINESS TIMES, a business daily published by Singapore I m Press Holdings, and DHL WORLDWIDE EXPRESS, a leading international
      397 words
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      Page 11 Advertisements Column 1
      45 11 For children of expatriates in Singapore ENGLISH COLLEGE announces the commencement of Year 7 (Secondary 1) Year 8 (Secondary 2) Classes On September 23, 1991 For details please call or write to Admissions Tutor 20 Woodlands Street 13 Singapore 2573 Phone 368-9222 Fax s 269-4707
      45 words
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      Page 11 Advertisements Column 2
      328 11 Announcing J L the world's only shaver with a rolling spiral blade. To radically improve the electric shaver, Hitachi had to re-invent it. IVe began by creating the world's first rolling blade, which makes fast work of even the toughest beards. Twelve rapidly spinning spiral blades assure optimum efficiency and
      328 words
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  • Article
    Into the future, together
    769 12 EDITORIAL THOUGH Singapore is a tiny tountry, it has a highly complex society which comprises not only a variety of races and religions but also different income subgroups within each community. Political parties in Singapore hoping to reach out to a wide spectrum of voters at
    769 words
  • WHAT THE OTHERS SAY
    • Article
      Pride and empty bellies
      189 12 WATCHING the current debate in the Philippines Senate on the new bases treaty with the United States, it is impossible not to feel a deep sense of dismay at the near-surrealism of it all. An array of officials, businessmen, church leaders and others have warned in
      189 words
    • Article
      Mutual understanding
      146 12 IT may be a long time before China can win back the trust and confidence of the Western world after the repression of the democratic movement in Beijing. But British Prime Minister John Major's current visit is a gesture of China's possible return to Western diplomatic esteem. What
      146 words
    • Article
      Tense atmosphere
      63 12 AFTER the dramatic changes in the Soviet Union, the West apparently sees China as the next target for peaceful changes. It will focus its criticism on issues such as human rights, press freedom, arms sales, and nuclear arms control. The relationship between China and the West will probably
      63 words
  • REGIONAL VIEWPOINTS
    • Article
      Reverberations in Asia
      89 12 WITH the collapse in the Soviet Union of the Mother of all Communist Parties, Asian nations are looking closely for any reverberations in the three Red enclaves in the continent China, North Korea and Vietnam. There are, of course, Laos and Cambodia but these will bend with
      89 words
    • Article
      Considerable achievement
      126 12 THE signing of the Memorandum of understanding on the new airport, has turned a new page in the history of Hongkong. The accord lifted a cloud that had threatened the spirit and the intentions of the Joint Declaration. The memorandum is a considerable achievement after nine months of
      126 words
    • Article
      A wondrous tool
      106 12 To advance on to 2020, those four digits of another century which must be imprinted on the retinas or echoing from the eardrums of most Malaysians by now, Malaysians must look outward and not inward. To see beyond the boundary of our country. The English Language is
      106 words
  • Article, Illustration
    The need to work the ground
    945 12  -  General Election '91 For many voters in the lower income group, it is local, parochial issues that count, says Shoeb Kagda Shoeb Kagda Amounting birdshit problem at a particular block of flats in Bukit Gombak was not looked into. Incense burning bins at Nee
    945 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      273 12 a *j' n OFFICIAL OPENING OF THE t mi CENLJRAL EXPRESSWAY TUNNEL J* A historic event like this will naturally generate a lot of public interest. And Singapore's two main dailies the Straits Times and Lianhe Zaobao will see to it that readers get to know all there is to
      273 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      47 12 000NESBURY BY GARRY TRUDEAU SON, BEFORE MOU wan- MAT HAP- I LOST MY UJAIT A MINUTE iers maj p&itPTD JOB, POP.*wa VWOU&B YOU SAID YOU IPIPNT TAU(. ABOUT THIS... pQpi YOU? U/HY CCUWN7AFfORP BABY-SITTING RIGHT- HADYOUROMN tUANT YOU I "OWYCKT j eugio g§ iji f» HJ Ml
      47 words
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  • ANALYSIS
    • Article
      Why commentators should mind their tongues
      706 13 Beware emotive words linked to economic indicators, says The Economist IT is bound to end in tears: some economists are trying to give their dismal science sex appeal. To make dry numbers more alluring, economic and financial commentators add emotive adjectives or nouns: gloom,
      706 words
    • Article, Illustration
      The unshackling of Pakistan
      1291 13  -  Can Pakistan's prime minister Nawaz Sharif turn his country into an economic success story? What are some of the measures he has introduced? Salil Tripathi reports Salil Tripathi IT required a businessman-turned-politician to attempt to dismantle the massive state apparatus in Pakistan. Mr Nawaz Sharif, the
      1,291 words
    • Article
      Moving towards an open economy
      1096 13  -  Rajendra Bajpai reports on the attempts by India and Pakistan to reform their economies Rajendra Bajpai The writer is a New Delhi-based journalist who contributes to BT INDIA and Pakistan, military rivals in the sub-continent, are now competing with each other in reforming their sick
      1,096 words
  • Page 13 Advertisements
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  • FOCUS
    • Article, Illustration
      Lock icon Warming up to nuclear power
      867 14  -  Global warming fears are driving many countries and some environmentalists to rethink the unthinkable more nuclear power to meet world energy needs. Catherine Arnst reports Catherine Arnst Reuter POLLS in industrialised countries show that public worries about nuclear reactor safety and disposal of nuclear waste
      Reuter  -  867 words
    • Article, Illustration
      Lock icon Learning from the French experience
      1047 14  -  Robert Kearns reports on the US attempt to follow French example and revive its commercial nuclear power industry Robert Kearns Reuter EX O I L M A N George Bush wants to revive the US commercial nuclear industry, nearly comatose since the late *****. The
      Reuter  -  1,047 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      139 14 Kj A Golf Sale To Keep You In Full Swing Nouveau 4x9 Bag Putter $980 $650 Golf Trolley Epsilon 4x9 Bag Putter $1200 $850 Golf Trolley Precision 4x9 Bag Putter $1990 $1600 Golf Trolley Umbrella Spartan Trolley $150 $80 Golf Umbrella $38 $25 Ball Washer $52 $25 Golf Brush $12
      139 words
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  • SPORTS
    • Article, Illustration
      Lock icon Navratilova to take on Graf in semis
      726 15 US Open AP NEW YORK The youngest, the oldest and two Grand Slam champions. Or, as Martina Navratilova said: "Then there were four." After nearly two weeks on the hardcourts of the National Tennis Centre, the US Open women's singles field has been
      AP  -  726 words
    • Article, Illustration
      Lock icon Tyson-Holyfield bout definitely on
      511 15 Reuter NEW YORK Questions on the subject were forbidden on Wednesday, but in case anyone wants to know, a rape charge against former heavyweight champion Mike Tyson will not distract him from his Nov 8 title fight against undisputed champion Evander Holyfield. At least that's what
      Reuter  -  511 words
    • Article, Illustration
      Lock icon Edberg out for revenge
      311 15 AP NEW YORK Stefan Edberg, bidding for his first US Open title, will be seeking revenge when he bids to reach the men's singles final here tomorrow. The second-seeded Swede became the first player to reach the semi-finals on Wednesday when he swept majestically past Spaniard
      AP  -  311 words
    • SIDE LINES
      • Article
        All he wanted was a Ryder Cup spot
        183 15 OAKVILLE, Ontario Corey Pavin had a single goal for 1991: gain a spot on the Ryder Cup team. He achieved that and will be a member of the 12-man team that plays Europe's best in the biennial matches later this month. On
        183 words
      • Article
        Hendry stretched
        106 15 NEW DELHI World No 1 Stephen Hendry was stretched the full distance by an unknown Indian before advancing on Wednesday to the quarter-finals of the 555 Challenge snooker series. Hendry, looking for his second win in the three-leg series after winning the opener in Hongkong last month, struggled
        106 words
      • Article
        Mansell wants reliability
        134 15 MANCHESTER, England Nigel Mansell is demanding greater reliability from his Honda-Williams team in his quest for a vital victory in this weekend's Italian Grand Prix at Monza. The Briton believes he has an excellent chance of taking the title this year. But having reduced defending champion Ayrton
        134 words
      • Article
        Jansher cruises
        71 15 HONGKONG Pakistan's Jansher Khan, the world's top squash player, trounced Australian Nathan Gallagher 15-4, 15-6, 15-5 on Wednesday to cruise into the second round of the Cathay Pacific Unisys Hongkong Squash Open. Khan said after the match that he was confident of winning his fifth straight Hongkong title.
        71 words
      • Article
        More wind in the sail
        86 15 NEW YORK The gap between Dennis Conner and Bill Koch was narrowed slightly on Tuesday when AT&T chipped in with about US$3 million to help sponsor the competing yachtsmen. Part of the amount will help the America's Cup Organising Committee put together the competition between
        86 words
      • Article
        Stewart lays groundwork
        82 15 OAKVILLE, Ontario US Open champion Payne Stewart is piling up frequent flyer miles. And, he said, tongue firmly planted in cheek, he's also laying the groundwork to join European PGA Tour. "Hey, I rank higher on their money list than I do on ours," Stewart said on
        82 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      174 15 mmm-mmmmjm m m vt M %mi mftl mm m mmm Hi MH isi -v :4* ANNOUNCEMENT I With effect from 2 September 1991, the Cofreth Group of Companies comprising B W Engineering Services Pte Ltd, Kool-Air Service Pte Ltd and Cofreth (Singapore) Pte Ltd will be restructured as follows: KOOL-AIR
      174 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      263 16 WHERE TO WINE, DINE AND EHTERTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE. DINE ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang
      263 words
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      Page 16 Advertisements Column 2
      241 16 SCOTTS LOUNGE jZmf Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hvatt Regency Singapore's new Scocts Lounge. Hvatt Regency Singapore 10-12 Scotts Road Singapore 0922 Tel: 733 118K A/ekrfy X A~
      241 words
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      Page 16 Advertisements Column 3
      263 16 Enjoy a night snack of j traditional favourites filled with wholesome goodness. Accompanied with nutritious soya bean milk. our new supper items are simply out of this world! Now available at the Cafe Plaza from 10 pm to 2 am. Plaza Hotel /A 9 T\l SlNfcAPOftf I ?X\(? Mm7?l •AMKOtOttWOItIHUTIHC
      263 words
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      Page 16 Advertisements Column 4
      328 16 The GEORGE u ROBERT All Stars Quartet jazz group at the Kasbah The quaaei formed by Swtaa aaxophoniat George Robert -o commemorate the 700lh annlveraary of Switzerland 00 a tour around lh« world, comprises four tteorge Robert (saxophone. clarinet anjoompasir), Edgardo "Dado" Moroni (piano), lala Eckinger (double baas), and Polar
      328 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      825 16 TELEVISION AND RADIO aawiir imir PIT" 1 K'T T''Mr'™lirrf*tfffflimifllEii Wi IT II rllf'i "li I" lffirirnTfillWi IT'Tim innnmnwilii;inf i,rt)n w r-u. C-W\.- ~x£ ,iir».-wr .ft. r f.i- n> i— mm. 1 Till' II I 1 ■iiir^iiiif»>^<M»ww^i|WMWWW«WW«Wtt)HWWJW l |WW||iauuu^ J^.^wwww w < Of hnmhc cinrl tViinrrc ar- Memburu eus«mwf,wao VyA LrvyAXALrS
      825 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Was Columbus searching for a refuge for Jews?
      408 17 New book suggests Columbus was a Jew Reuter CHRISTOPHER Columbus may have sailed to America in search of a promised land for Jews threatened by extermination during the Spanish inquisition, Nazi hunter Simon Wiesenthal said on Wednesday. Presenting his new book "The
      Reuter  -  408 words
    • Article
      Aware Women's Helpline gets more calls for help
      421 17  -  It's short of Mandarin-speaking helpers, says Nirmal Ghosh Nirmal Ghosh SINCE its launch on Jan 7 this year, the Aware Women's Helpline has been recording an increasing number of calls for help from women across a spectrum of occupations. From 99 calls
      421 words
    • Article, Illustration
      Dottie West dies from car accident injuries
      691 17 CHATTERBOX DOTTIE WEST, a poor girl who reaped riches as she helped pave the way for women country music singers, has died of injuries sustained last weekend in a car accident. She was 58. She spent her last days singing and battling bankruptcy.
      691 words
    • Article, Illustration
      Singapore fans give rousing endorsement to Spyro Gyra
      499 17  -  Dawn Tan attends their concert at the Khameleon and is impressed Dawn Tan "THE BEST compliment fans can pay you at a concert is when they get up and dance to the music," says Jay Beckenstein. And dance they did at Spyro
      499 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      148 17 AND ENTERTAIN Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. JtK. Fashionshow at 4 pm. ANA HOTEL K SINCAPORE For reservations, 16 h* s<wo>< kss please call 732-1222 ext 1581. <«> *****22
      148 words
    • Advertisement
      Page 17 Advertisements Column 2
      78 17 The HUton-Brittsh Airways Playhouse -i;' BRUCE PATRICIA f MONTAGUE BRAKE Mb S»pt»mtxK IS 2S. 1991 Don't itf Dress For S Dinner II MARC CAMOLETTI Venue: HMon Grand SoUroom *7.15pm: Pre-dtoner Cocktak *745pm: Pinner *9.15pm: Thealro. Drew: lounge Suß »upge»*xl Ticket* at |1 IS neft(lnci»lve of laxe*)ava>oblo tram t» iewvoWon Desk
      78 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stamford Tyres makes debut in quiet market
      4879 18  -  By Sylvia Wong TRADING VOLUME continued to fall yesterday despite Prime Minister Goh Chok Tong's denial on Wednesday of rumours of his impending resignation. There was neither significant institutional buying nor substantial profittaking yesterday; traders could only classify the session as "quiet". "I
      4,879 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4109 19 Main Board Spore BusF 500 735 35 5.0% SPH Foreign 1320 +20 +1.5% FELS 50* 710 +15 +2.2% Metro Hldgs 570 +10 +1.8% OUE 685 +10 +1.5% Spore Bus 500 650 +10 +1.6% M Credit 186 +6 +3.3% C&C 540 5 +09% OCBC 845 +5
    4,109 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      WARRANTS: PREMIUMS AND GEARING
      991 20 Prices as at 05.09.91 Conversion terms Premium/ Expiry F (discount) Amount Optional" using issued Company (mN Wrts Share Loan Con* Exer LnstK Cask Cask. Loan Gearing. Data Mtks units) stock ratio price nom 1 Stk, 4 Left value 2 Burwitl 115.2 0.150 0 650 1 00
      991 words
    • Article
      AUDITED RESULTS
      214 20 Company Date Yaar Group Nat Nat Minings Gross mm to profit/loss (L) ptr sfcara dhrWand ('000) (cants) Choc Prod Sep 3 Mar 91 M$4,447($983s) 4 9(0.9) GPB Sep 3 Mar 91 $12,546(510,239) 38.2(31.2) 17.6TE(-) Insas Sep 3 Mar 91 M$5.688l ($12,5251) Ramonting Sep 3 Mar 91 MJ7.431 ($5,324)
      214 words
    • Article
      PRELIMINARY RESULTS
      160 20 Company Data Year Groap pre-tax Net earnings Gross am te praftt/less (L) par shara dividend COM) (cants) CI Holdings Sep 2 Jun 91 M$25.767($19,466) 33.5(26.4) 30(10) C Storage Aug 29 Jun 91 $28,680(541.302) 136(186) 13(10.7a) Rothman Inds Aug 29 Jun 91 $66.877($53.13S) 39 9(31.6) 65(76) Tasek Cement Aug
      160 words
    • Article
      INTERIM RESULTS
      630 20 Company Date Half-year Groap pre-tax Interim aaa to preflt/IOM (L) dividend COM) MISC Sep 2 Jun 91 M$260.649($230,207) UE Sep 2 Jon 91 $1.206C$3.136) Spore Bus Sep 1 Jun 91 $49.024($25,116) 5(-) ApoHo Aug 31 Jun 91 $2.584($734) Cathay Pacific Aug 30 Jun 91 HK$l,315d($l,596d) 525(52.5) HS8C Holdings
      630 words
    • Article
      CORPORATE DEVELOPMENTS
      458 20 Sep 4 Jardine Mi the ion Holdings confirmed its intention to partially float its wholly-owned subsidiary Jardine Insurance Brokers on the London Stock Exchange. Parkway Holdings Ltd has received an encouraging response to its Harborview development protect in Maryland. US. Sep 3 GK Holdings wholly-owned Hongkong subsidiary has
      458 words
    • Article
      RESULTS DUE
      354 20 Main Board Last Fid Yaar Company Penod Datt Year ltd EPS Gran Not anranced endhf (cents) dv praftt tort year (fOOO) Ceretx* Interim Apr 27 Jul 91 12.6 200TE(a) 38.911 Spore Land Interim May 4 Dec 91 12.6 100 44.641(g) Tonj Meng Interim Aug 2 Dec 91 4
      354 words
    • Article
      APPROVED ISSUES
      188 20 Company Rights Issue total One-tor tour MS2 00 per share Ei-date: Jul 16 Books dose: Jul 30 Acceptance Payment Sep 10 kfrv Hyd Four-for-fwe <g MJO 65 per share Ex-date Jul 25 Books dose Am 8 Acceptance Payment Sep 17 Nat Kap One-tor two SO 80 per share
      188 words
    • Article
      BONDS, LOANS & WARRANTS
      731 20 BONDS, LOANS WARRANTS Bin* Wt Before 30/6/94 1 warrant plus HKJ100 cash C4C Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus J077 cash or 1 warrant plus JO 77 nominal amount of ban stock Chuan Hup Mas Chuan Wt
      731 words
    • Article
      DIVIDENDS ANNOUNCED
      872 20 Cwrwt Ex Baaks Date Total tor Total tor paymafit date doM paytMc tia jraar last jraar UN Ann 541 (10) 28%(l) Ai« 27 NYA Sep 9 28% 58% Mn HUp 50c 6%(b) Sep 4 Sep 16 Sep 30 6% 6% AM» 50c 3 51(b) Sep 13 Sep 27
      872 words
    • Article
      PROPOSED ISSUES
      611 20 Company Rights Issue Ma Pic Laid One-tor-two M$0 65 per share. Wwci T«di One-tor-one g $100 per share Bo*or issue of $90 978m nommal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the boss of $2 nominal amount of Bonds tor tvtry three
      611 words
    • Article
      COMPANY MEETINGS
      400 20 Urn Hydratfc (M) Bhd: Bth A6M at the Multi-Purpose Had, Ist Floor, Tabung Haji Head Office Building, 201, ialan Tun Razak, ***** Kuala Lumpur on Saturday, Sep 7, at 10am. Hotel Marco No Ltd: 18th AGM EGM at the TangHn Room, 2nd Floor, Omni Marco Polo Hotel, 247
      400 words
    • Article
      RECORD HIGHS & LOWS
      190 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Htft 1565 58 (3/6/91) 1991 hfh: 1333 08 (3/6/91) 1991 tow: 1149 08 (16/1/91) 1991 toir 1022.52 (16/1/91) 1990 fifh: 1607.12 (27/3/90) 1990 Nfh: 1435.43 (16/7/90) 1990 tow: 1079.50 (11/10/90) 1990 to* 981 07 (09/11/90) 1969 1487.76 (26/12/89) 1919 hifh:
      190 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market finishes mixed on lack of fresh factors
      4146 21 Bernama SHARE PRICES on the Kuala Lumpur stock market yesterday drifted to a mixed close in listless trading from the lack of fresh positive leads. The KLSE Composite Index at the close gained 0.67 of a point to 562.50 while the Industrial
      Bernama  -  4,146 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      429 21 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 N THE MATTER OF THE COMPANIES ACT, CAP. 50 AND N THE MATTER OF IF A (ASIA) SALES SERVICES PTE LTD fln Gredtors" VoLntsry UqJdadon) FINAL MEETING NOTICE to hereby given pirausnt to Section 300(1) of the Corrpeniee Act Cap. 60 tiat a
      429 words
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      Page 21 Advertisements Column 2
      350 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REOIPFUSION TOURS (S) PTE LTD (In Mam bare' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No. 1 Jalan Selanting, Singapore 2159
      350 words
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      Page 21 Advertisements Column 3
      346 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 60 AND BSO FIRE DAMAGE RECLAMATION (SOUTH EAST ASIA) PTE LTD At en Extraordinary General Meeting or the Company held on 30 Auftist 1961 at 169 Butt Merah Central #06-3663, Singapore 0315 the resolutions mri passed:1_ SPECIAL RESOLUTION WMMNa-UP That BSO Fire
      346 words
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      Page 21 Advertisements Column 4
      379 21 IN THi MATTER OP THI COMPANIES ACT, CAP. 60 UM HAN SUM rWVATS) UMtTSD (In Voluntary Lk|uW#tJon) At an Baeotdtiery General MeeSng of the members of LM HAN SAM JWVATBLMTED&iy convened and held at 6 Lorong 106 ChenQl Road. Sfrv gapore *****n SOtiAuguet 1001, tie Iblowng SpecM RaaoUona vneradkiy passed:
      379 words
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      Page 21 Advertisements Column 5
      352 21 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND M THE MATTER OF PARFAIT TRADING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at No 1 North Bridge Road #09-01 Colombo Court Singapore 0617, on Monday. 26th August 1901.
      352 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rise in heaviest volume since mid-June
      2195 22 Reuter TOKYO STOCKS yesterday closed firmer in the heaviest volume since mid-June. Brokers said broad-based bargain-hunting on higher bond prices and hopes for lower interest rates lifted the market, though futures-linked trade kept the key Nikkei Average volatile. "The bond market is so
      Reuter  -  2,195 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng Index slips 16 points in thin trading
      1866 22 Reuter HONGKONG STOCKS finished softer in dull, thin trading yesterday, brokers said. The blue-chip Hang Seng Index slipped 16.29 points to 3,990.16 in thin turnover of HKSI.OB billion against Wednesday's HKSI.I4 billion. "The market weakened a bit, mainly on some profit-taking
      Reuter  -  1,866 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      29 22 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate Read V- Sfe Chartpoint, a guide to investing in the stock Market. Every lousiness Times
      29 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks close slightly higher
      • Article
        AUSTRALIA
        813 23 THE Australian share market gave up early gains to close slightly higher in listless activity yesterday. Brokers said profit-takers entered the market in late trade after strong domestic buying pushed the leading index about eight points higher. "There was nothing surprising. The market is not terribly convinced a sustainable
        813 words
      • Article
        BANGKOK
        714 23 SHARE PRICES in Bangkok closed lower yesterday, with the stock index ending 0.65 point weaker at 723.06 on a turnover of 3.32 billion baht. Brokers said textile and garment issues showed strong rises on news that Thailand signed a three-year textile agreement with the United States on Tuesday in
        714 words
      • Article
        JAKARTA
        611 23 THE Jakarta Stock Exchange edged back in dull trading after a week of excitement over a leading textile company's abrupt downward revision of profit estimates, brokers said. The index rose above the SOO'point level that brokers said represented a confidence barrier to close at 301.09 points a rise of
        611 words
      • Article
        MANILA
        517 23 PHILIPPINE SHARES yesterday closed little changed in slow trading in a market paced by Senate deliberations on the fate of a new US military bases agreement, brokers said. Manila's composite index firmed 0.64 point to 1,014.44 while Makati's index shed the same amount to 1,024.63. "Traders are looking for
        517 words
      • Article
        TAIPEI
        405 23 THE Taiwan stock index ended slightly higher yesterday on scattered bargainhunting after Wednesday's 2.5 per cent plunge, but brokers said very low turnover showed investors were cautious, with many staying out of the market. The weighted index rose 7.11 points to close at 4,515.37. Turnover fell to NTS 14.78
        405 words
      • Article
        SEOUL
        802 23 SEOUL STOCKS closed lower yesterday after declining steadily on institu- tional selling in slow and thin trade. Prices were further depressed by rumours that some small companies face liquidity difficulties, brokers said. Institutional selling appeared at any sign of strength, Daewoo Securities broker Huh Eui-do said. News that sports
        802 words
      • Article
        NEW ZEALAND
        93 23 NEW ZEALAND shares bucked the trend set by Wall Street's nine-point fall to end slightly higher yesterday on reasonable volume. "It's going against the trend, which is healthy," Murray Doyle of Doyle Paterson Brown said. The NZSE-40 capital index was 5.78 points higher at 1,432.15 on a turnover
        93 words
      • Article
        BOMBAY
        68 23 BOMBAY share prices recovered from an early slump to finish mixed in volatile trading on Wednesday ahead of the end-account, brokers said. The Bombay Stock Exchange index rebounded from a low of 1,739.15 to 1,762.62, but was still down 1.74 points from Tuesday's close. The national index dropped 5.58
        68 words
      • Article
        Untitled
        577 23 Close Previous Sep 5 AUSTRALIA All Ordinaries Index 1.571.6 1.566.7 +4.9 All Industrials Index 2,415.4 2,407.3 +8.1 All Resources Index 924.6 922.0 +2.6 Turnover (million) 62.6 88.8 -26.2 BANGKOK SET Index 723.06 723.71 -0.65 Turnover (billion baht) 3.32 2.83 +0.49 JAKARTA Composite Index 301.09 299.34 +1.75 MANILA Composite Index 1,014.44
        577 words
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  • WORLD STOCK MARKETS
    • Blue chips continue to slide on Wall St
      • Article, Illustration
        NEW YORK
        1288 24 WALL STREET stocks posted declines on Wednesday for the fourth day in a row, but blue chips managed to cut their losses by session's end. Trading was light ahead of today's August employment data. "It's very quiet. I think the market is just looking for direction," said Jeffrey
        1,288 words
      • Article, Illustration
        LONDON
        959 24 THE FTSE 100 index ended a few points lower on Wednesday in line with a small dip on Wall Street as players shrugged off news of a half-point cut in UK interest rates. Shares climbed an initial 10 points on news of the rate cut, before surrendering the gains
        959 words
      • Article
        FRANKFURT
        342 24 GERMAN SHARES ended a slow Wednesday session 0.4 per cent lower. but dealers remained confident that the market was on the verge of rally which could take the 30-share DAX up a further 50 points. The index ended 7.73 points lower at 1,647.91, just short of the psychologically important
        342 words
      • Article
        AMSTERDAM
        260 24 DUTCH SHARES closed mixed to higher on Wednesday in uninspired trading with few investors seeing any good reason to be buyers at the moment. The CBS tendency index gained 0.3 point at 91.8, but dealers said volume still showed no sign of picking up after the usual seasonal summer
        260 words
      • Article
        PARIS
        152 24 BLUE-CHIP shares on the Paris bourse generally ended lower on Wednesday as the market consolidated after recent strong gains, but speculative demand pushed up property leasing firms, dealers said. Tuesday's bid by insurance company GAN for the 55 per cent of the Sicomi UIS leasing company it does not
        152 words
      • Article
        MILAN
        162 24 ITALIAN SHARES closed little changed in negligible volume on Wednesday as investors continued to desert the market, with the few who remained generating little more than 50 billion lire of business. "Even though the effect of (Tuesday's) broker liquidations has been exhausted, the market has slid back into the
        162 words
      • Article
        ZURICH
        234 24 SWISS SHARES ended slightly easier on Wednesday as the market waited for new market moving factors. Dealers said volume was low throughout the session. Arms and machinery group Oerli-kon-Buehrle, which was to hold a news conference yesterday, traded more actively than other counters. The all-share SPI index closed 3.4
        234 words
      • Article
        JOHANNESBURG
        368 24 GOLD SHARES in Johannesburg continued to build on their recent firm performance on Wednesday, gaining a further 4 per cent on speculative buying in a thin market amid hopes of a further rally in world bullion prices, dealers said. This helped lift the rest of the market as well,
        368 words
      • Article
        TORONTO
        278 24 TORONTO STOCKS on Wednesday recovered slightly from the session's lows late in the day to close moderately lower, dealers said. The TSE-300 officially closed down 18.02 at 3,486.84. Declining issues led advances 324 to 229 on a volume of 22.24 million shares valued at C 5271.73 million. The market
        278 words
      • Article
        Untitled
        199 24 Brussels Sep 4 Francs FORWARD MARKET Acec 2350 15 Arbed 4700 5 Astur 1050 +6 Brascan 576 12 Canpac 584 6 Cock 173 -1 De Beers 964 2 Ebes 8400 Gb-Inno-Bm 1260 4- 4 Gevaert 6440 40 Gr Bru Lamb 3330 unch Hobok Petro ***** 50 Ryl Dutch 2915 -5
        199 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Players stay on the sidelines pending release of US jobs data
      1255 25 REPORTS THE US DOLLAR was given a boost in late Asian trade from some early buying in London, firming a bit against earlier levels yesterday, dealers said. "There's no rumours, no news, it's just some short-covering before the real
      1,255 words
    • Article
      Lock icon US to approach securities market reform cautiously
      399 25 Reuter WASHINGTON The Bush administration must be careful to avoid overreacting to the Salomon Brothers Inc scandal in mapping out ways to improve the workings of the giant government securities market, US officials said. "We should be cautious in what we do and
      Reuter  -  399 words
    • Article
      Lock icon SEC broadens Salomon investigation
      250 25 AP WASHINGTON The Securities and Exchange Commission has issued more than 135 subpoenas and other information requests in its "extremely active" investigation of the Salomon Inc bondtrading scandal, its chairman said in a letter to Congress. SEC chairman Richard C Breeden also indicated that the regulatory
      AP  -  250 words
    • Article
      FINANCIAL FUTURES
      1094 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.30 94J1 94J0 94J0 2486 ***** 1320 Dec 91 94.01 94.03 94.01 94.02 3600 ***** 3631 Mar 92 94.03 94.05 94.03 94.05 1538 ***** 2152 Jun 92 93.74 93.77 93.74 93.75 600 2713 578 Sep 92
      1,094 words
    • Article
      INTERBANK FOREX RATES
      385 25 Cross rates Sep 5 USS SS MS Dm Yen SFr AS NZS USS 1.7180 2.7815 1.7365 135.40 0.5900 1.5230 1.2715 1.7376 SS 0.5821 1.6190 1.0108 78.8126 0.3434 0.8865 0.7401 1.0114 MS 0.3595 0.62 0.6243 48.6788 0.2121 0.5475 0.4571 0.6247 Dm 0.5759 0.9893 1.6018 77.97 0.3397 0.8771 0.7322
      385 words
    • Article
      MONEY MARKET
      533 25 Interbank rates SS Bid Offer Overnight 4 3/4 4 7/8 1-month 4 15/16 5 1/16 2-month 5 5 1/8 3-month 5 1/16 5 3/16 Overnight mode: 4-1/8 LSS Bid Offer 7 days 5 5/8 5 3/4 1 month 5 11/16 5 13/16 2 months 5 5/8 5 3/4
      533 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Platinum expected to recover to same level as gold soon
      416 26 Reuter LONDON Platinum may have bottomed out and looks poised to recover to at least parity with gold after prices in the past two weeks crashed to their lowest levels since December 1985, dealers and analysts said. "Nobody is going
      Reuter  -  416 words
    • Article
      Lock icon Further falls likely for nickel as demand dwindles: analysts
      305 26 Reuter LONDON Nickel prices, which hit their lowest levels since November 1990 on the London Metal Exchange (LME) on Tuesday, are likely to drop further as demand dwindles, analysts said. Forward prices fell to U557,820 a tonne at one stage, down
      Reuter  -  305 words
    • Article
      KL tin unchanged for third straight day
      821 26 REPORTS THE price of tin remained unchanged for the third consecutive day at M 515.15 per kg on the Kuala Lumpur Tin Market in quiet trading yesterday. Dealers said the market tone was steady. They said the London Metal Exchange was up slightly
      821 words
  • Article
    PRICES
    1348 26 Rubber se P s »*S (lob in l»l—) Scents/kg Noon Close Int I RSS Prompt I37.00/138.00N 136.50/137.50N Int 1 RSS Oct 91 138.00/138.50 137.5<V138.00 Int I RSS Nov 139.0CVI39.50 138.50/139.00 Int 2 RSS OP I37.25/139.25N I36.75/I38.75N Int 3 RSS OP 136.25/138.25N 135.75/137.75N Int 4 RSS OP 131.75/133.75N I3I.25/I33.25N Int
    1,348 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      906 26 Binn<EssnMEs TELEPHONE: 730-3771/5772/5773 FAX: 734-4982 Tn tfie nuUtCT W Ute CompaalM Act Cm- H •ad In the matter of NASSIM ENGINEERING COMPANY (PTE)LTD (Member*' Voluntary Wlndlng-lp) At an Extraordinary General Meeting of the members of NASSIM ENGINEERING COMPANY (PTE) LTD duly convened and held at 1 Sophia Road #04-07 Peace
      906 words
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      Page 26 Advertisements Column 2
      6 26 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1112 27 City FHgfct ETA nyt ETO tttoM GA970 2245 GA976 2310 AdalaMa B742 1815 RJ182 1400 kmstorUm KL837 1255 SQ24 0100 SQ23 1815 KL838 2240 Mhm* 0A471 2355 Aacklaad NZ35 i 550 SQ325 2115 SQ338 2030 NZ36 2330 BA12 2200 SQ181 1410 SQ182 0915 Qf62 M30 TG402
    1,112 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Petra reawakes from slumber
      635 27  -  POSTCARD FROM PETRA By Nicholas Phythian PETRA, the ancicnt rosc-rcd city carvcd from the mountains of southern Jordan, is reawakening slowly from a deep and unwanted sleep induced by the Gulf crisis. Tourists frightened off by neighbouring Iraq's invasion of Kuwait in August last year arc
      635 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3445 1.3560 Canadian dollar 1.4895 1.5121 NZ dollar 0.9784 0.9932 Sterling pound 2.8998 2.9245 US dollar 1.7150 1.7190 Local dollars to 100 units of foreign cuirenc) Austrian schilling 13.91 14.12
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Sep 3-8 Furniture and Helsinki. The Finnish Fair *****5091 Sep 5-8 International Strasbourg- Societe Des ********** Interior Finland Corporation Fashion Fair Wacken Foires Et Decoration (France) Expositions Sep 4-7 Cattle Asia 91 Bangkok Conference *****66 aep 6-16
      84 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      41 27 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know Kuropefnxn start to Finnish.
      41 words
    • Advertisement
      Page 27 Advertisements Column 2
      47 27 FIGHT THE FIRE, SAVE UVES, STOP DESTRUCTION The aims are the same, but not the experiences. Kurt Russell and William And Singapore firemen make comparisons. If* In the Movies page And every Friday HRi^ j^lst J 1 V. V V A NEWSY From luncfvtime. Monday to Saturday.
      47 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      248 27 ACROSS their dissatisfaction (7) 5 The last to be engaged in Discard reserve 17 A preacher's address ac- ~~~LhJ ~hh~ to standard issue (9) 22 j j j organ needed JIB— Jlfl—Jm. for a doctor in Georgia (5) make it for ever (3-4) I f I 1 f 1 26
      248 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      202 27 Singapore Outlook: Fair. Report: Maximum temperature 31.8 Assoc humidity 71% Minimum temperature 24.0 Assoc humidity 96% Hours of sunshine 9.05 Rainfall in mm Nil Rainfall this month 38.4 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Windy Bangkok 34/25 Fair Beijing 27/17 Goudy Brunei 31/24 Showers
      202 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      18 27 we DO HAVE *NCHV»efc (f\S LONG PkS IS Pi\ 2 To gcrA~vic\jl \f -J RE-LET S %re.L 1
      18 words
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  • Article
    Three big Aussie banks to cut loan interest rates
    559 28  -  Move comes after Reserve Bank eases cash rates From Florence Chong in SYDNEY BOWING TO pressure to reduce interest rates on loans to businesses, three major Australian banks yesterday announced they would trim their prime commercial rates. The cuts followed the
    559 words
  • Article
    Sarawak dissolving state assembly today
    345 28  -  From Leslie Lopez in KUALA LUMPUR THE STATE of Sarawak will dissolve its 48-seat state assembly today, paving the way for snap elections seven months ahead of schedule. Chief Minister Tan Sri Abdul Taib Mahmud said Sarawak's Head of State, Tun Haji Ahmad Zaidi Adruce
    345 words
  • Article
    Lock icon Indon bid to limit foreign loans likely to hit planned projects
    403 28 Reuter JAKARTA Indonesia's move to take greater control of foreign commercial borrowing will affect billions of dollars of planned projects, but economists say such investment must be trimmed in the present tough climate. Jakarta announced on Wednesday that a
    Reuter  -  403 words
  • Article, Illustration
    Lock icon Soviet congress scraps old power structure
    488 28 Crisis in the Soviet Union Agencies MOSCOW The Soviet Union's Supreme legislature reluctantly scrapped the state's old power structures yesterday and laid the foundations of a new, voluntary union after an angry ultimatum from President Mikhail Gorbachev. The Congress overwhelmingly approved a blueprint for
    Agencies  -  488 words
  • Article
    Lock icon Manila draws up Asean economic treaty
    315 28 Reuter MANILA The Philippines has presented a draft treaty to South-east Asian neighbours aimed at boosting regional economic cooperation ahead of the formation of trading blocs in Europe and North America by 1992. The draft was presented to the six-member Association of South-east Asian
    Reuter  -  315 words
  • Article
    Lock icon Major reassures HK on 1997, keeps mum on polls talk
    481 28 Reuter HONGKONG British Prime Minister John Major, speaking after visiting Beijing, sought yesterday to soothe fears in Hongkong over the colony's handover to Chinese rule in 1997, while refusing to comment on speculation raging back home that he would call
    Reuter  -  481 words
  • Article
    Lock icon Seoul takes emergency steps to cut payments deficit
    413 28 AP SEOUL The South Korean government has unveiled a package of measures to counter the nation's mounting balance of payments deficit. President Roh Tae-woo said yesterday the government had miscalculated its prediction of the national debt and emergency measures were under way
    AP  -  413 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      84 28 Nikon The World's Finest Photographic Systems A CANADIAN EDUCATION IN SINGAPORE from Grade 9 to OAC Level Canadian Overseas College is fully-accredited by the Ministry of Education in Ontario, Canada and is registered with the Ministry of Education. Singapore. The School is fully staffed by certified Canadian teachers. Canadian Overseas
      84 words
    • Advertisement
      Page 28 Advertisements Column 2
      105 28 Nikon The World's Finest Photographic Systems Experts debate Soviets' need for central control, Pg 10 Ml IBW Location: 1 Tai Seng Drive, Singapore 1953 Property Type: A newly completed 6 storey "light industrial" building Area Available: 22,000 sq. ft. on the 3rd storey Groee Rental: $2.50 p.s.f. inclusive of service
      105 words
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  • Shipping Times
    • Article, Illustration
      Port Klang to build second box terminal
      427 29  -  From Rahita Elias in KUALA LUMPUR THE KLANG Port Authority (KPA) is investing some MsB.6 million (555.3 million) on a second container terminal to cater for the strong increase in box cargo volume expected at Malaysia's main sea gateway. A Klang port spokeswoman
      427 words
    • Article
      Lock icon Search for missing private plane in Sabah resumes
      387 29 AP KUALA LUMPUR A search for a missing twinengine executive jet carrying American oil executives on a business trip with their spouses resumed at dawn yesterday, the civil aviation chief said. The Grumman G-2 aircraft belonging to the Du Pont company and
      AP  -  387 words
    • Article
      Lock icon 4 dead in incident off PNG
      141 29 AFP PORT MORESBY At least four people were confirmed dead yesterday and many missing after a coastal ship sunk off Papua New Guinea's northeastern coast earlier this week. Officials at the National Disaster and Emergency Services said only 15 of the estimated 100-plus passengers
      AFP  -  141 words
    • Article
      INDEX TO ADVERTISERS
      1238 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Aeropak 18 3 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 AP.C. Lines 13 5 A c Warehousing 15 4 Arrow Int 9 4 Asian
      1,238 words
    • Article
      Work starts on building an MIS for Bombay
      410 29  -  From Shirish Nadkarni in BOMBAY A TEAM of foreign experts has commenced work on a blueprint envisioning a com-puter-based management information system (MIS) for the Bombay Port Trust (BPT). The US$l2.5 million project is designed to radically improve the quality of port
      410 words
    • Article
      Lock icon US carmakers hit the road
      264 29 AP DETROIT Ford Motor Co and Chrysler Corp executives are hitting the road this month, hoping to shore up confidence in their companies. There's a significant difference between the road shows: Chrysler chairman Lee lacocca has S6 million shares of stock to sell, and Ford
      AP  -  264 words
    • NEWS SUMMARY
      • Article
        Ports of controversy
        35 29 ROTTING equipment, Jitgh costs, congestion, low proditftivity, cartel domination -JX-. porters and shippers say thi&tS the sad state of the pprts of Brazil, a country that survive* on its exports Page 2
        35 words
      • Article
        Greek tanker leaks tons of oil off Brazilian coast
        49 29 THE Brazilian navy and technicians managed to keep a Greek-registered tanker from sinking in the Atlantic Ocean on Wednesday but could not keep the ship from leaking a cargo of 50,000 tons of crude oil in coastal waters Back Page
        49 words
      • Article
        Lufthansa chief demands accord review
        30 29 LUFTHANSA on Tuesday demanded revision of a post-war air carrier agreement with the US, charging the accord wrongly favours US carriers servicing Germany Buck Page
        30 words
      • Article
        Peugeot, Citroen to merge R&D
        38 29 THE French PSA auto group said on Monday it planned to merge the research and development departments of its Peugeot and Citroen companies to compete more effectively with its Japanese rivals. Back Page
        38 words
      • Article
        Pioneer in US aviation dies
        36 29 LEIGH WADE, a pioneer gvi. ator who became an Air Fotce major general, died last Saturday in the Belvoir Health Care Center at Fort Belvoir, Virginia. He was 93. Back Page
        36 words
    • LOG BOOK
      • Article
        Aircon buses for SBS No 75
        61 30 SINGAPORE Half of the 26 buses operated by the Singapore Bus Service for service number 75 will be converted to operate with air-conditioned buses on Sunday, Sep 8. Service 75 plies between the Choa Chu Kang Interchange and the Marina Centre Terminal. The conversion
        61 words
      • Article
        PSA sponsors NTUC radio shows
        123 30 SINGAPORE The Port of Singapo rc Authority is sponsoring two new programmes over the air. Port View, being launched today, is a lively show on maritime information. This 15jmmuie talk show on NTUC Radio Heart FM91.3 will be eirecttrvery Friday at 6.45pm. PSA staff and
        123 words
      • Article
        Tonnage, number of ships rise
        87 30 LONbQN The tonnage and number of vessels rose substaaEaily at the start of the 1991 policy year in February, said Hfltger Castenskiold, chairman of the London Club, a leading protection and indemnity insurer. Tonnage rose by 4.25 million tonnes to 21.66 million tonnes and the
        87 words
      • Article
        Settebello leaves Curacao
        85 30 LONDON The Liberian-flag tanker Settebello left Curacao last Saturday after arriving there two. days previously from South Afriea for a survey, Lloyds Shipping Intelligence service said. The 317,354 dwt vessel was damaged off the South African coast in heavy weather in early August. After temporary repairs in
        85 words
      • Article
        Australia-Taiwan direct air links
        76 30 CANBERRA"'— Australia and Taiwan are soon to have direct air links after agreeing on technical details, Foreign Minister Gareth Evans told Parliament yesterday. He said Taiwan has signed part of an understanding to start air links. Mr -Evans said remaining details would take a few weeks
        76 words
      • Article
        Soviet cargo ship runs aground
        88 30 BUCHAREST The Soviet cargo ship Rostok ran aground wfljle travelling down a branch of the Danube River on Monday, blocking traffic between the river and several Black S<ja pods, the Romanian Transport Ministry said on Tuesdy. The ministry indicated that the 170-metre ship's hull haa
        88 words
    • Article, Illustration
      Lock icon Ports of controversy
      783 30  -  Everyone agrees that Brazilian ports are in a sorry state, but nobody can agree on a remedy, reports Tova Chapoval Tova Chapoval Reuter Rotting equipment, high costs, congestion, low productivity, cartel domination exporters and shippers say this is the sad state of the ports of Brazil, a
      Reuter  -  783 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      529 30 "—l *M*m... M w mm M/M Exxon KG/M>3t V/V M/M M/M PPM method KG/M*3* V/V M/M M/M PPM mefiod ISO/Gmac Mts Spec E25 9911.0 15.0 0.10 30* 0 10* Spec 635 9911.0 18 0 0.15 30* 010* Inttm USA 180 Ave 9850 3 13.1 0 08
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      DAILY FREIGHTS
      643 30 CHARTER demand on Wednesday increased as dry cargo freight rates fell further, brokers said. The Baltic Freight Index was down three points at 1,543. Sentiment was depressed by market talk that foreign banks were unwilling to lend against the US$3l5 million of US GSM--102 farm credits for the
      643 words
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      THE SHIPPING GUIDE
      11236 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. dates are published for a maximum of
      11,236 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        578 45 *55! Hi fciW Papafta* Vrod fry h, Bar«t Urtwi Pgrtw Marina TllWlnil 1 Cohim Papua 3S S03 akx«side 05 09/0600 Batam Sayang *****1 M05 05 09/2300 Hae Woo 2 V049 S02 alongside 05 09/1500 Brastap 1 35/91 M03 alongside 06 09/2300 101N 502 05 09/1700 07 09/1500
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        CONTAINER SCHEDULE
        929 45 t RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootri Balance Rdts -Ship Voy No Etb/Blr Period From To Fran ANers Br 010 07/1330 1 05/1500 05/1659 05/1900 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 Al Muharraq 2 07/0330 1 05/1500 05/1659 05/1900 2 05/1700 06/0659
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    • Article
      Lock icon Greek tanker leaks tons of oil off Brazilian coast
      438 46 UPI klO/DE JANEIRO The fifeqpllian navy and technicians managed to keep a /G»eek-registered tanker from ''linking in the Atlantic Ocean on Wednesday but could not keep the ship from leaking a cargo of 50,000 tons of crude oil in coastal waters.
      UPI  -  438 words
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      Lock icon Pioneer in US aviation dies
      375 46 NYT NEW YORK Leigh Wade, a pioneer aviator who became an Air Force major general, died last Saturday in the Belvoir Woods Health Care Center at Fort Belvoir, Virginia. He was 93 and lived in Washington. Mr Wade entered the health care centre last December.
      NYT  -  375 words
    • Article
      Lock icon Lufthansa chief demands review of accord with US
      336 46 AP FRANKFURT Lufthansa on Tuesday demanded revision of a post-war air carrier agreement with the US, charging the accord wrongly favours US carriers servicing Germany. Lufthansa boss Juergen Weber said the 1955 carrier agreement "no longer fits current competition conditions and places
      AP  -  336 words
    • Article
      Lock icon Peugeot, Citroen to merge R&D
      124 46 AFP PARIS The French PSA auto group said on Monday it planned to merge the research and development departments of its Peugeot and Citroen companies to compete more effectively with its Japanese rivals. PSA management said that a joint management body which is already responsible
      AFP  -  124 words
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      24 29 Ums a«d MrvlcM rtprMoUd Mirtw #f Mm Registry «f Accreftei SMoofns Amti SlMuort Nftioaal \twS*Ui() Xvfcgp^y O advertising enquiries, contact Shipping limes: Tel 740-20X9/740-2090.
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      266 29 SSWtt HBM6 METAL CO PIE LTD n ntiYimirii fiinnnrrmrrwi mrir nmnnwrri TEL: Ml SMS (StaM) TB.WAX.-M1 MM tnu Aomn rt» CorMrtor *aiMiiiM WWJfW l Ami Myiro^ic •nmriH OCatQN MNOVATIOH OemMM OUMJTV OMMKMNO mmm LrrV^i'ij The Stilts Times Weekly Overseas A v Edition. A crisp summary of happenings in Singapore. Politics,
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      31 29 Container Schedule 17 My Fraghto 2 Into to Advertmn 1 Stmt Gude 10.11 Skips in Port 17 Smppore Tries 17 Transport toy 3 Veritas Report 2 Weather and Sm Condtons 17
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      242 30 Vessel In Singapore For Sale If 'As Is Where Is Basis' P Registry San Lorenzo r Year Built 1964 Germany Class GL+lOO A4E Nov 83 Survey Special Passed Nov 88 Loa 94.39 MTS Breadth 14.00 Depth 08.60 GRT 2782.96 NRT 1789 96 i Summer DFT 6.77 MTS Freeboard 1.86 M
      242 words
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      2307 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *11V#* TEL: *****11 FAX *****09 \k%Ww BOOKINGS TEL: *****34/*****68 ftlllf TERMINAL/CFS TEL: *****18 220 I~ Pnmfl r| PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L^!/J PORT KELANG TEL: *****18 FAX: *****91 3672/88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Qua ity
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      1842 31 TRANSPORT DIARY v ~vr v Sept 12-13: Seminar on Shipbroking and Chartering II Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition. Tokyo, Japan. Sept 24-25: Seminar on Marine Insurance in Carrier's and Shipper's Perspectives, organised by Facs World at Carlton Hotel.
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      1558 31 pniJ.Md.-LHMIUIJ WEEKLY-SAILING TO MIDDLE EAST-* OCtaN BLESSING V.IOIW ETA SIN 12/9/91 Veeael Voy ETA ETD Ntdtr by jTT Singapore Merkur Delta DESTINATIONS to This mMk Mar en Maarsk 9106 itWi!BWHl>Wfft!lWWPim—WWil—i^—■ io/9 oeoo hrs Pon ■■■■IiiIVWfIWHSHHWaHNMiBMHH CFS 9/9 2369 MRS Kalang Panang OAK LOB HOU MEM ATL MIA CHS BAL PHL
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      1212 32 |K||H[ifll[|V/|■ s m^ m iiiw^w^im^^zVllAM%Mill4lMik^[^¥^^m [J m "it#' l II il I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE BREMEN EXfeBS 04/335 8/9 .2W9 2V9 iTio gagggv HONGKONG EXPRESS 03/136 12/9 #10 1/10 30/9 llffiWli KURAMA 2/10 4/10 7/10 8/10 BfcWllll KURAMA '12/137 19/9 12/10 8/10 7/10 411
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      703 32 SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT COPIAPO 2601E8 3/10 18/10 20/10 25/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOM, PAGO PAGO. APIA ft NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX COPIAPO 2601E8 3/10 7/11 8/11 14/11 15/11 ALSO ACCEPTMG CARGO TO ARICA,
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      1137 32 ElwaaiA itiwi wSSwft juiiwt' co aas VSI/VOY $n iic bm uiM H^?si ~OT? Si FELtm NORASIA^SINGA*9I26 3 M/m />OS 02/10 04/10 04/10 05/10 OS/10 00/10 NORASIA AL-MUNTAZAH 9127-3 15/ M S/10 10/10 12/10 13/10 S/}S ?!/}2 I#/,# U/1# NORASIA SAMANTHA 9120-3 21/09 13/10 15/10 17/}S I#/1 15/10 17 W NORASIA
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      1814 33 B/Ssteamers Maritime Holdings Ltd WfF&O MB J Containers j SJm »o T No Kit H'Ktnf #PW S port N| M Ht| ACCEPTS DUE SACS OSAKA SAY 0554 M/M 01/ M M/M 24/ M M/M M/M CARGO LAURA tAAOtSK 9110 M/M M/M M/M 11/ M M/M 29/ M M/M 02/10 RAJAH
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      1684 33 ■^Bsbhbßhl^ TO: U.BJL/PANAMA FM: U.S.A./PANAMA wmt «0Y V m*_ LGB CM fw W wo« mc mm vo< wrc_ w w f W CMOVMC OUU> KIJS 7/0 2/10 4/10 IJ/10 10/10 10/10 22/10 MMMN StMTOP OMIZO 24/7 20/7 20/7 2/0 11/0 12/0 0/0 CMOVMS SMNT EFl* 14/0 0/10 U/10 20/10 2S/10
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      435 33 STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST IN RO-RO t HEAVY UFTS I livesxl \m |K_ |RgP\ la I II KOUSMUN U "So M 1 COSMC riONEoi U *5" HPT I II cosmc TRAoa "5 "T175 i7T* l u<r I 11 cosmc mm 1 "il/j »r»\ —<*' 1 I II
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      587 34 I CR NBR **********0-0 I EXPRESS SEMI-CONTAINERSNIP SERVICE I TO EUROPE Inm stqk nmjHM ituk heme* m\mm~ I UTN/23M 11/) 12/11 17/11 21/H 23/10 MKTWM/3MI 2 IZ/U 17/11 21/11 23/11 I Jk t transit time I ACCEPTING BREAK BULK/CONTAINERISED CARGO I to mmmim, Ala* ■ceipMm cargo lo CimMwici, Pmt 9+*.
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      Page 34 Advertisements Column 2
      968 34 \m» a at m. I V HANJIN SHIPPING I IS'Bor.ILEH RTM AM HAM BRV FEL FEEDER VSL I UN I LME HAUL^^L^^OAK I |HANJM LONGBEACH 034* 8/9 26/9 27/9 28/9 28/9 29/9 30/9 2»«» JSI Ml 014£ ,I'tZ I ■HANJW HONGKONG 030R 15/9 3/10 4/10 5/10 5/10 6/10 7/10 020E
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      1000 34 -4yi J.t j. J 11 aSoV^ 3 l? 2 SK! 22 "v* Sfli a/u mm n/11 Tu u/u a/u n/u a/11 I I* ™j ®/l fl/l M/l fi/1 27/1 8/1 8/1 a/| 11/1123/lf 25/19 27/11 5/11 A/11 7/11 8/11 11/11 a/11 a/11 A/if c/u ft I! ?fj a J/JJ J/W
      1,000 words
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      1484 35 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MMm AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 :iwi NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.
      1,484 words
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      Page 35 Advertisements Column 2
      561 35 Jf Int. MuHt-Modat Forwarder SEAFREKSHT BOOKNGS: 222 0717 spkcakhqo A £?5353££SS ***** 4855 EASTERN EUROPtmmt J, IMBBB CZECHOSLOVAKIA 12/9 N Smrav° l'l/q HUNGARY 12/9 I ROMANIA 12/9 Ss q/q YUGOSLAVIA 12/9 BULGARIA 12 9 OA™ 8 9 nmPE mmmm fMEASTmmam antwfpp in/Q KAOHSIUNG 12/9 RRFMFN 0/9 KEELUNG 12/9 HAMBURG 10/9
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      936 35 m sinsov SINGAPORE SOVIET SHIPPING CO pdfVAK LTD BOOKING: *****51/ *****64/ *****59 (FESOj LINE) ENQUIRIES: *****33 r KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: 3324?!/ *****1 (REGULAR INDEPENDENT SERVICE) j FULL CONTAINERSHIP SERVICES LASTBOUW)—DBCHAftONG WKTBOIfC-LOWWG —I IBBS WT |g> ItU HK6 VOY |PKL |HBG IBHV 111.
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      1454 36 Oil (CR No: **********0 M) r" I V as agents: kawasaki Singapore (pte) ltd fc I I I M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 £v JL MmJ A Mlj MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD t> HB vawacavtwcckjvatcuT tTT TEL: SA *****00 PK *****01/5 PENANG *****5 JB
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      1141 36 PHIU-OmCNT UN€S PT€ LTD T Robinson Rosd #07-00 GMG Building Singapore 0106 T«J: *****22/*****69/*****00 Tolex: RS ***** PHILI FAX: *****76/*****31 by air, land or 5ea..... WE TAKE ON THE WORLD FOR YOU <WQ: MEMBER Of SINGAPORE FREIGHT FORWARDERS ASSOCIATION 11 CCD 10 SEP MONTREAL, OTTAWA, TORONTO, 11 SEP DUBAI, DAMMAN.
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      1166 37 PACIFIC INTERNATIONAL LINES (PTE) LTI r"-*'y R m mtKK PIL Building, 140CecH Street #03-00, Singapore 0106. I I VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN BUNQA TERATAI 393 9/9 10/9 15/9 "J°T* ,NTAMQ ED€N 371 KOTA SURIA 9102 11/9 14/9 19/9 EQUATOR MAS ISN U/9 19/9 20/9
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      1075 37 d BENLINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 If #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT m VESSEL VOYNOS SPORE S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN H*S2± 306 8/9 2979 5575 Z Nedltoyd Pettf 318 9/9 26/9 27/9 55/9 Nedlloyd
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      Page 37 Advertisements Column 3
      576 37 MYANMA uWBk FIVE STAfff LfflE (Myanmar National Line) Loading for Yangon (Rangoon) .V* i S'pore P.Kit Pm P.Gdf' LASHB 11/1J Up AVA VIIOW 10/13 Sap IT7U 3* 14/15 Sap < HPA-AR VIS7W 15/17 S«p 3 V. PAGAN VI7SR 21/23 SRI- THE BANK LINE (A Mrvicaof Andrew WalrSiilppiiicV T nSSSRSSB "J
      576 words
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      732 40 JO AUSTRALIA/NEW ZEALAND R5 [$S |Fr«m IkMi I Syd I Audi INK If CHA4M "Swsft 277 72/5" "S/T" li/s 27/5 57T0~ s/io HIA~~ I iy AM c.wmm-m a/t 2/10 7/10 12/10 19/10 "AHTWRPULJIISII.M/IO 27/10 1/11 5/11 10/11 IiOL jW T MM TIM ■zH 14/11 21/11 26/11 1/12 7/12 fyft|po/i2 II
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      Page 40 Advertisements Column 2
      909 40 &PORTS TO HONGKONG, TAIWAN, MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN «T SM IM HKG KAO KEE TYO SMZ NGO KO6 I VESSEL VOY |SM IPKL PEN M.W SM I ACX ROSE IM **2.9 5 9 18 9 14.9 18.9 20 9 21.9 21 9
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      Page 40 Advertisements Column 3
      209 40 Plrusahaan PELAYA"IIA"3| \m KALIMANTAN r DIRECT WEEKLY SERVICE TO i 1 JAKARTA/TG. PRIOK 1 Vessel ETA/ETD DESTINATION NIAGA XXI Voy 19/91 5/6 Sep Jakarta/Paiembani NIAGA XXN Voy 20/91 5/6 Sep Jakarta/Patembani l NIAGA 42 Voy 15/91 9/10 Sep Jakarta/Palembanf NIAGA XXI Voy 20/91 12/13 Sep Jakarta/Palembant i NIAGA XXH Voy
      209 words
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      1497 40 /y""T *g| CHINA KMN SHIPPING COMPANY W FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS SINGAPORE'S GENERAL AGENTS gngww HE i» wSmmm* P. KLANG Til *****06/8 TU MA ***** KT TE: (Kl)*l§37. *****4 PtNANG TIL *****1 TLX: MA ***** s 2M30/1 COW FU; ($2) (21) *****59 n lu /Mian cuiDDikir CIUI Dun
      1,497 words
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      515 41 GUARANTEED CONBOL TO:KEELUH€/KAOHSUNG 12.9.91 HOm KONG 12.9.91 BUSAW 14.9.91 BAN6KOK 12.9.91 EUROPE 15.9.91 TOKYO/KOBE/YOKOHAMA 15.9.91 USA 14.9.91 AUCKLAND 14.9.91 FREMANTLE 15.9.91 SYDNEY/MELBOURNE 15.9.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 535-0155 (8 LINES) FAX: *****92 PUAII CONTACT CAINt TAN. KATHLYN TAY, SOPHIA BAY OA KAREN SIM FAST MtECT REGULAR SERVICE
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      478 41 li^SnSICMFIEL^SARIN^tBENCIE^S^T^^oI fi TEL: *****33 (12 U«M) m FAX: *****15/*****03 ItXlj TELEX: RS ***** RISHIP (3 Linos) rC\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivoy eta loading for SPORE ABVOT 25W8 27/09 DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ANOtNET 25W8 28/10 DARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      676 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tw n* it* SWK WIT KELANC PCNANC ■U* MH 25/9 Loading tor Mate ■U»AI HUDNU 15/9 loading tor Calcutta 001 MR 12/, I loading For Mate «*n sunn* u/s loading For Mate 00NAKU.HI 22/9 Loaded For Fetoaru nOfiKSS LBHTT 30/9 Loading lor
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      416 41 -Qv |r HTA I I 111 nT""" I I I |'MM 'Jl MAW «2N Ui 7/9 MM 11/T Jwaha mm 101s u/o 17/9 j mama bhum# 73* to i/j M m^^ 1 SURABAYA minwap ow 12/$ BJS m 9tm CHAITA BKMI#' 23N uT~ 14/9 to W9~~ WRA BUM 1» |/j
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      349 41 TWR-iW VBL VOY BMQAPORE MADRAS BHOAPORE VESSEL VOY SM MM SM TWER CUFF 03CS 09-00/09 14-IC/09 22-23/0* TWER STM 172N 10-11/09 17-19/00 25-20/09 TIGER BAY 173* 14-19/09 21-23/09 29-30/00 L EAGLE CAPE 010 10-17/09 25-27/09 01-02/10 4 v£ VOY MNQAPOWE/CALCUTTA/NNWtAEOWi Z VESSEL VOY SM CM. SM EAGLE BREEZE 077 09-00/00
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      879 42 MAC-NELS S'PORE IMPORT: *****02 PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHIN«:'IQB2) *****3 SURABAYA:(3I) ***** C "a (> PEN Ml SIN 12/9 13/9 14/9 Ldn/Fli/Rdm/An*—d£Z?°pi Louis 6/9 7/9 8/9 7/9 8/9 9/9 GottwntMrf/StvcktMlni/OiJo L ,T 6/9 7/9 8/9
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      42 42 ————d OPS Orient Pacific Services (S)| Pie Lid SIN LOADING FOR TBN 2-5 OCT Savannah, Charleston, Norfolk YANNIS II 15-20 OCT Lome. Tema. Abidjan. Dakar 80, Marin* Parade Road #05-15 Parkway Parade B'pora 1544 Tafc *****11 Fax: *****11 Tlx: R8 ***** OPBSIN
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      357 42 2 ffSl£ BIOE STfIR line TO FROM If/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SJN NPI AKI LVT SIN PROSPECT 14$ 14/9 »/9 VIA NPI 21/9 15/10 MANOAMA 0504 21/9 3/10 VIA NPI 5/10 22/10 PREMIER 14S 29/9 11/10 MA NPI 13/10 30/10 FULLY
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      1082 42 I 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 i vSSB™ I sontainir flgmastg SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA 1"" I™ I*" i» iw KIM SOON
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      804 43 DE VAPORES "PERUVIAN STATE LINE" ACCEPTM6 BREAK BULK/TCL/SOC CARGOES TO/FROM CALLAO, MATARAN, 110* t OTHER PERUVIAN PORTS* MTT4 T/S AT KOBE OH CPV THROUGH BILL OF LAOMG. PwwnC* P. Kttanj $*ifipori ElMa SHAPIAEVERETT 01/ M S«pt 10/11 Sopt THONASEVERETT 02/03 Oct 04/05 Oct os/Q9 Oct KAAAOOVERETT l«/» Oct WSk "EVERETT
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      494 43 )mr±wmwhww+ m NOT IS-pom fcwaajEi bu Rst Isav INTC fcn m JYWEY ime 10/1 m bum m/m 21/14 nn* 29/19 n/u m man n« i»/» m bcma u/m a/u n/u 29/19 11/10 bm maouvE 2ix M/t m pusan i/u 12/11 11/11 is/11 24/11 BM UOAimW HI 2/1* ON WAN 1/11
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      620 43 MULTI-MODE SHIPPING PTE LTI MIDDLE-EAST/PERSIAN GUL ACCEPTING FCL/LCL DUBAI. DAMMAN. SMARJAH. DOHA. MUSCAT. BAHRAIN. ABU DHAB< BANDAR ABBAS. JEOOAH FAR EAST ACCIPTINO FCL/LCL PENANG. P/KELANG JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON. FELIXSTOWE. LEEDS. TLBURY. ABERDEEN. LE HARVE HAMBURG ROTTERDAM. ANTWEP. GOTHENBURG COPENHAGEN t ALL
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      593 43 nirw PERINTIS LIN TOiilHillllSBWM9SßB»BtSa I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VQY SIN JKT 8B PRASETIA 195 A In Port 09/09 PELOPOfI 1004 07/09 10/09 DERAJAT 953 10/09 13/09 PRASETIA 197 A 12/09 15/09 PELOPOfI 1005 14/09 17/09 A TANTO UTAMA 191 08/09 11/ TANTO UTAMA 193
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      401 43 i| RsSffiHflHHH-' Hi l i wgg^ggg^ggggjm s 5i5 mm t 9/9 i V( K6GUJNG KAOHSIUNG r g 8/9 BANGKOK 7/9 MANILA/CEBU BY 7/9 JAKARTA/BELAWAN/SURABAYA 7/9 PORT KELANG/PENANG/E. Malaysia 8/9 BUSAN 9/9 TOKYO/YOKO/KOBE/NGO/OSA 0 8/9 HONG KONG S T SIN CNiNA /Qfl 8/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOO/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG r I /09 TIANJIN/QINGOAO/HAIKOU 0
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      929 44 FN F,L CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BANGKOK WN/MADRAI VBL BIN/C ALCUTT A VBL BIN/BANQKOK MAA m S4N CAL SM m *n AHftMU K-00/09 14-10/09 22-23/ M NOT AVMLMIE 04-07/09 IJ-10/09 24-25/09 NEXT MAI ABLE 05 Uo Mb. 1 10-11/ M 17-19/09 29-20/09 13-14/09 30-01/10 07 2 mZ 14-15/09
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      Page 44 Advertisements Column 2
      568 44 Bonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 6 SEPT ALSO ACCEPTING CARGOES TO: P«T VESSEL ETA NEXT BANGKOK CONTERM f. PROGRESS 11/9 17/9 JAKARTA CONTERM EDEN 10/9 17/9 PENANG CONTERM A. BHUM 1/9 15/9 PORT KELANG CONTERM SEROJA 14/9 21/9 EUROPE HANJM LONGBEACH 8/9 15/9 AUCKLAND CONTERM
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      Page 44 Advertisements Column 3
      467 44 V/C— Cpjfi PENANG— KL: allied-link SINGAPORE: SfflSr 0+*****2 *****8959 778 6922(22 lines) f Marina Ong Suaan Ng/Phlllp Km Iron* Cheng/Esther Yap I K,M SH,pp, NG TRADING PTE LTD I W*lm Tel: *****11 Fax: *****88 Kl I V °Y pPoHel P.LOUIS DURBAN R. BAY MORACA 15W 07/09 17/0* 21/09 ALS STRENGTH
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      Page 44 Advertisements Column 4
      400 44 MANILA ETA VIGOUR PACIFC UNB 31/8 VIGOUR SWGAPORE BKB 7/? BANGKOK 1/9 8/9 "BUSAN 3,9 16/9 HONGKONG 3/9 16/9 OURBAN/PT LOUTS 17/9 28/9 KEELUNG 2 9 9/9 USA 2/9 9/9 PT. KEIANG 2/8 8/9 KO6E 1/9 8/9 PIRAEUS 2912 9 OSAKA 4/9 11/9 JAKARTA 3 9 5/9 SURABAYA 3 9
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      354 45 s vO c vQc vO c vO c vOc vC >c vO c SU VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIDATOR WITH WORLDWIDE NETWORK f\ V/ Weekfy FCUICL Services To/From U > USA EUROPE FAR EAST > Baltimore: Votalner Consolidation Services Hamburg:
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      Page 45 Advertisements Column 2
      598 45 JTNedNoyd NEDLLOYD YOUR GATEWAY V Nedlloyd Lines TO EUROPE/MEDITERANEAN IN 1902 NEW ZEALAND/FIJI VESSEL Jkt PJlg *Pan *0* Ski S'blyi Auckland FM»(A) Tknra Lyttaftan(B) Ourwdrt(B) Kafxor Netogten(C) Tamp N. Rotteraam/9121* 30/8 2/9 30/8 30/8 In Pt 7/§ 20/9 23/10 22/9 23/9 24 9 24/9 25/9 26/9 27/9 N. Rosarw/9122 9/9
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      300 45 TIDES AND WEATHER TODAY'S TIO£S (height in metres) NOW 0000 0100 0200 0300 MOO 0500 NOO 0700 MM MM UN UN 12N1JN1411 ISM UN 17M UN ISN 2NO 21N 22N ON JR 18 12 0.8 05 0.4 0.4 0.7 1.2 1.7 2.1 2i 2.3 10 1.7 1.3 1.1 1.0 1.1
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      796 46 CHARTPOINT Every Saturday in Business Times t HYUNDAI P A MERCHANT MARIE CO. LTD. FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fgpa wt mi he law lwe mm wi m w im haul wt tcm/«a ptl MM Ml 201- 033 12/09 13/09 05/09 H. CDMMMEX 20E 30/09 03/10 09/10 COM
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      Page 46 Advertisements Column 2
      168 46 REGULAR WEEKLY CONSOL TO: EUROPE Milano Genoa IFclixstooc Hamburg Antwerp Rotterdam m PT. CELEBES LINES I Vessel Voy Sin Sur Bontang Pacific 018 07/09 10/09 Bontang Pacific 028 14/09 17/09 Bontang Pacific 038 21/09 24/09 Bontang Pacific 048 28/09 01/10 FIXED DAY SAILINGS EVERY SATURDAY General Agents: Common Freight Carriers
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      Page 46 Advertisements Column 3
      493 46 CHARTPOINT Every Saturday in Business Times THE OLD HOP-SCOTCH ROUTING IS OUT! wstestconnec^ every week A N Cherryville Houston Miami Jacksonville Charleston Phone 704-*****11 713-*****05 305-*****63 904-*****22 803-*****80 Fax 704-*****35 713-*****07 305-*****83 904-*****27 803-*****47 Norfolk Baltimore New York Chicago Singapore Phone 804-*****41 301-*****05 212-*****80 312-*****51 *****11 Fax 804-*****93 301-*****51 212-*****46
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