The Business Times, 23 September 1991

Total Pages: 46
1 46 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Monday, September 23, 1991 75*
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  • NEWS SUMMARY
    • 66 1 JOHOR BARU The Johor government will apply to the Federal government to declare Johor Baru a city. Mentri Besar Tan Sri Haji Muhyiddin Yassin said yesterday he was confident the move to officially make Johor Baru a city would be achieved
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    • 38 1 MONTREAL A Quebec Superior Court judge said he would name a permanent liquidator for the Bank of Credit and Commerce (Canada), an affiliate of the scandal-ridden Bank of Credit and Commerce International.
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    • 32 1 SINGAPORE personal computer manufacturer AVS Electronics will focus on sales to overseas markets and contract manufacturing for growth because it feels the Singapore market is saturated Page 2
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    • 34 1 THAILAND is projected to have a trade deficit of 310 billion baht (5520.5 billion) this year, 18 per cent higher than last year's deficit of 263.16 billion baht. Page 7
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    • 26 1 EUROPEAN countries are competing fiercely among themselves for Japanese investment in spite of widespread fears of the consequences of getting it. Page 8
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    • 47 1 THE World Bank is planning to commit as much as US$25 billion (5542.5 billion) this year to nations to better serve the poor, the environment and women, and to place its funds in areas such as Eastern Europe and the Soviet Union Page 10
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    • 23 1 ASIA will continue to offer the greatest growth potential for the auditing profession, says James Butler, KPMG International's chairman Page 14
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    • 27 1 THE race course in Kuala Lumpur is making way for an ambitious urban renewal development project costing some MsB billion Page 12
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    • 40 1 VESSEL ARRIVALS in Singapore for most vessel types showed high levels of growth during the January-July period this year, ensuring that the Republic will retain its position as the world's busiest port. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 37 1 PHARMACEUTICAL and property group Eu Yan Sang (EYS), which had a rights issue rejected by the Stock Exchange of Singapore in June, has signed a loan agreement to raise $100 million Page 3
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    • 39 1 ALL EYES are on Thai realestate giant Bangkok Land Co in anticipation of its October sale of 60 million shares to the public before its expected listing on the Stock Exchange of Thailand Page 3
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    • 20 1 MYANMAR offers good investment and trading opportunities, says Singapore's Association of Small and Medium Enterprises Page 4
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    • 36 1 INDUSTRIAL conglomerate BTR has launched a £1.5 billion (554.4 billion) hostile bid for Hawker Siddeley, the historic engineering group which built the Sopwith Camel, the Hurricane and the Harrier Jump-Jet Page 5
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    • 38 1 THE World Bank's US$l.5 billion (552.6 billion) bond priced simultaneously in Europe, Japan and the US last Friday, comes at the cheapest level in recent memory, says the bank's vice-president and treasurer. Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 676.52 -3.82 Kuala Lumpur closed Tokyo 23,192.74 -139.57 Hongkong 3,910.34 46.66 Sydney 1561.7 +2 7 New York 3.019.23 -5.14 London 2,600.3 +11.6
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    • 22 1 Exchange rates USS SS 1.6955 100 Yen SS 1.2573 MS SS 0.6164 Money market rates Overnight unav 3-month 4 15/16% unch
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    • 30 1 KUDoer S'poreOct.... 135.00*/kg -0.25 M'sia Oct 222.00*/kg unch KL Tin Turnover 85 tonnes +15 Spot MS 15.00 /kg -0.02 Crude palm oil Turnover 646 lots -642 Nov MS796/tonne +8
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  • 654 1  -  New approach to make policies more palatable By Yang Razali Kassim SINGAPORE Adjustments to the presentation of policies are in the pipeline following the outcome of the recent general election. This was revealed yesterday after Prime Minister Goh Chok Tong met the
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  • 386 1  -  Move follows clampdown by stock exchange By Magdalene Ng SINGAPORE Singapore stockbrokers have begun withdrawing soft commissions from clients since the stock exchange's clampdown on the practice recently. Industry sources told BT that brokers had written to clients, saying they had to withdraw such services as
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  • 524 1  -  Senior Minister's visit to Kazakhstan From Anna Teo in ALMA ATA SINGAPORE has offered to lend its expertise in international trading in return for Kazakhstan's array of resources. Senior Minister Lee Kuan Yew's visit to the Soviet central Asian republic has also
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  • 201 1 Reuter PHILADELPHIA Federal Reserve Board vice-chair-man David Mullins said the Fed was keeping its options open about possible further interest rate cuts. "I think we're keeping our options open. We're still in a posture of watchful waiting," Mr Mullins said after an economic
    Reuter  -  201 words
  • 324 1  -  By Lee Han Shih SINGAPORE Mr Kwek Hong Png, one of the richest men in Singapore, has become even richer. He has been given nearly $17 million ex-gratia payment from his family's private company, Hong Leong Holdings (HLH). Provision for the money,
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  • Page 1 Advertisements

  • HOME NEWS
    • 433 2  -  Singapore market is saturated, says PC maker By Joseph Rajendran LOCAL personal computer (PC) manufacturer AVS Electronics will focus on sales to overseas markets and contract manufacturing for growth because it feels that the Singapore market is saturated. This was disclosed to BT by
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    • 362 2 THE FIRST batch of nontransferable vehicle certificates of entitlement (COEs) has fetched lower premiums in all eligible categories. These are the small, medium, large and luxury cars, motorcycles and weekend cars. The figures were provided by the Registry of Vehicles. For vehicles
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    • 310 2  -  By Schutz Lee LEADING gifts business Noel Hampers Gifts has signed its first franchise agreement to operate in the Klang Valley comprising Selangor, Negri Sembilan and west Pahang. The agreement between Noel Hampers Gifts and Malaysian couple Fred and Michelle Choo is
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    • NEWS ROUNDUP
      • 76 2 SINGAPORE'S first underground tunnel linking Chin Swee Road to Cavenagh Road was opened on Saturday by the Senior Minister of State for Education, Dr Tay Eng Soon. The occasion was marked by a motorcade of 53 vintage cars, staged by the Rotary Club of
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      • 85 2 THE DEPUTY for Fiscal and Monetary Affairs of the National Development Planning Board (BAPPENAS) of Indonesia arrived in Singapore yesterday for a three-day visit. Dr Boediono is here at the invitation of Ngiam Tong Dow, permanent secretary of the Ministry of Finance (Revenue Division).
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      • 97 2 A DELEGATION led by Ibrahim Othman, MP for Thomson GRC, left yesterday for New Delhi, India, for the Commonwealth Parliamentary Conference, which begins today and ends on Oct 2. The delegation includes Charles Chong, MP from Eunos GRC and Zulkifli bin Mohammed, MP for Jalan
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      • 66 2 THERE WILL BE a public lecture on "Trends in the 1990'5: Implications for Stock Market Investments" by Dr David F Deßosa of Alliance Capital Management. This will be conducted on Tuesday, Oct 8, at the DBS Building as part of the DBS-NTU Investment Lecture Series, a
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      • 81 2 FROM TODAY, the City Hall MRT Station will lift its rule against sitting on the parapets of the station. The rule was imposed on April 2 this year to prevent commuters from sitting on the parapets of the station for their own safety and those on
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      • 74 2 TO MARK TECHMONTH '91, the National University of Singapore will hold an Open House from today to Friday at the Centre for Industrial Collaboration at the Science Faculty. The Engineering Faculty will also hold an exhibition on patents and innovations at its Innovation Centre. The exhibition will
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  • Page 2 Advertisements
    • 231 2 THE MAN BEHIND THE WHEELS OF THE XM IS INDEED EXTRAORDINARY Extraordinary, successful and rich. For it is not an ordinary man who will not only afford an XM but actually relish owning one b For the Citroen XM is not any ordinary car. It is one which puts the
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  • COMPANY NEWS 1
    • 334 3  -  By Quak Hiang Whai SINGAPORE Pharmaceutical and property group Eu Yan Sang (EYS), which had a rights issue rejected by the Stock Exchange of Singapore in June, has signed a loan agreement to raise $100 million. Proceeds from the loan, arranged by
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    • 764 3  -  By Lee Han Shih SINGAPORE Such is his reputation and mystique that Mr Kwek Hong Png, though retired, is still seen by many as a figure of influence in the huge Hong Leong group. The perception is probably at least partly correct. Although the 80-year
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    • 687 3  -  MARKET TALK By Michelle Rowe BANGKOK All eyes are on Thai real-estate giant Bangkok Land Co in anticipation of its October sale of 60 million shares to the public before its expected listing on the Stock Exchange of Thailand. The
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    • 332 3 DBS CHARITY lIISIMESiTiME NililßargEi SINGAPORE The gamble on Inno-Pacific warrants paid off for the winners of BT's fourth investment race, which stretched from July 12 to Aug 16. Lim Tow Seng, the managing director of Price and Pierce (Singapore), won the first
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    • 301 3 MBT KUALA LUMPUR The three bank-backed stockbroking firms which were issued new stockbroking licences through their respective parent banks in 1987 have performed less satisfactorily in their last financial year. The three leading local bank subsidiaries Mayban Securities, UMBC Securities and BBMB Securities
      MBT  -  301 words
    • COMPANY BRIEFS
      • 63 3 KUALA LUMPUR Malaysian Plantations has reported a group pre-tax loss of M 546,000 for the six months ended June 30, 1991, against a pre-tax profit of M 5683,000 in the same period last year. The loss came on the back of a lower
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      • 60 3 KUALA LUMPUR Malaysian Assurance Alliance Bhd (MAA) has reported an unaudited consolidated profit before tax of M$ 1.003 million for the half-year ended June 30, 1991, Compared with M$ 1.909 million in the previous corresponding half-year. However, its revenue from life and general insurance premiums
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      • 81 3 KUALA LUMPUR Kulim (Malaysia)'s recently announced proposals for several acquisitions have been viewed by the appointed independent adviser, Malaysian International Merchant Bankers (MIMB), as beneficial for the group's long-term plans. MIMB said that the acquisition would enable Kulim to diversify into other core businesses, thus minimising
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      • 64 3 KUALA LUMPUR Pacific Dunlop has announced that it will proceed with the compulsory acquisition of the remaining shares in Petersville Sleigh, and that the offer period will not be extended beyond the present closing date of Sep 30. Pacific Dunlop's managing director, Philip Brass, said
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      • 35 3 SINGAPORE DBS Bank has raised the paid-up capital of DBS Venture Investments Ltd from $448,038 to $461,238 through the issue of an additional 13,200 redeemable preference shares of 1 each.
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      • 46 3 SINGAPORE Sun Corp Ltd has acquired 90 per cent of Unicentral Park Pte Ltd for an undisclosed sum through its wholly-owned subsidiary, Sun Intertrade Pte Ltd. Unicentral is a proprietor of amusement parks and other places of entertainment, amusement and recreation.
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      • 63 3 SINGAPORE Two directors of Provisions Suppliers Corp Ltd (PSC) raised their stakes in the company last Tuesday. Chew Tuan Gee bought 62,000 PSC shares for $43,710, or 70.5 cents apiece, bringing his interest up to 0.244 per cent, and Chong Kar Kee bought 80,000 shares for
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    • 290 4 BANGKOK A Board of Investment (Bol) subcommittee has completed its evaluation of Hopewell Holdings' request for tax holidays and exemptions, a source has told The Bangkok Post. The newspaper reported last Friday that the panel was expected to forward its'findings
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    • 345 4  -  By Abdul Hadhi SINGAPORE Myanmar offers good investment and trading opportunities, says Singapore's Association of Small and Medium Enterprises. The vice-president of the association, Mr Jeremy Chia, said recently that businessmen should not be put off by Myanmar's unfamiliar business environment and foreign exchange constraints.
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    • 362 4 BANGKOK The Swissbased KMK Group has set up its second plastic packaging production plant in the Asian region with its Thai partner. Hong Seng Group, to cover the rapidly-growing Thai market. The two parties last Friday signed a joint-venture agreement to set up
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    • 373 4 Reuter MELBOURNE Broken Hill Pty Co Ltd disclosed last Friday that reduced steel group profits and lower corporate earnings were the main factors behind its firstquarter profit fall. BHP earlier announced a 41.7 per cent fall in net profit after abnormal
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    • 250 4 Reuter PARIS French oil company Total SA said all five of its business Segments contributed to thd 38 per cent increase in] its first-half operating pfofit. As reported earlier, business segment operating profit rose to 5.77 billion French francs (S$ i .6
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    • COMPANY BRIEFS
      • 54 5 LONDON Lonrho pic and other holders of Brent Walker Group pic's convertible bonds are considering suing merchant bank Hill Samuel, the Financial Times newspaper said. Hill Samuel, Brent Walker's financial adviser, is owned by UK Bank TSB Group pic. A spokesman was not
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      • 53 5 Belgian glass maker Glaverbel SA, a unit of Japan's Asahi Glass Co Ltd, said full 1991 results will be lower than forecast at the beginning of the year but financial results should recover in the second half. "The annual results will remain weak," Glaverbel said
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      • 68 5 NEW YORK Maxwell Communication Corp pic's Maxwell Macmillan Inc subsidiary said it completed the sale of a publishing unit to Thomson Professional Publishing for U5556.6 million (Ss96 million). In a statement, chairman and chief executive Robert Maxwell said the sale of Maxwell Macmillan Professional and
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      • 54 5 NEW YORK United Press International Inc will have a US$l.9 million (553.2 million) deficit by November 29, and ultimately will not be able to stay in business unless it can make cuts prohibited under its union contract, chief financial officer David Moier testified in
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    • 435 5 Reuter CEW YORK The ***** million (SSl.l billion) venture between Genetics Institute Inc and American Home Products "Corp, announced last Thursday, illustrates the growing power of biotechnology and its increasing importance to pharmaceutical firms. Analysts said the deal, the second major venture between a
      Reuter  -  435 words
    • 505 5 FT LONDON BTR, the industrial conglomerate, on Friday launched a £1.5 billion (554.5 billion) hostile bid for Hawker Siddeley, the historic engineering group which built the Sopwith Camel, the Hurricane and the Harrier Jump-Jet, capping a remarkable week of UK takeover activity. Hawker
      FT  -  505 words
    • 215 5 AFP Reuter LUDWIGSHAFEN, Germany German chemical group BASF AG has said it is forming a joint venture in the field of paints and dyes with Nippon Oil and Fats. The new company, to be called BASF Nichiyu Coating RAD Co Ltd,
      AFP; Reuter  -  215 words
    • 351 5 Reuter NEW YORK International Business Machines Corp and Apple Computer Inc are expected to finalise their joint venture soon, possibly naming top executives in early October, industry sources said. An IBM official declined to say when any agreement might be finalised but
      Reuter  -  351 words
    • 168 5 Reuter DUESSELDORF Krupp Lonrho, a joint venture of Britain's Lonrho pic and Germany's Fried Krupp, has said it expects its net profit this year to rise 10 to 15 per cent above 1990's 25.3 million marks (SS2B million). Management board chairman Henner Geldmacher also said
      Reuter  -  168 words
  • Page 3 Advertisements
    • 215 3 Hard work and special talents are what's behind every great performance in ballet... and banking. It takes skill, dedication and years of experience to pride and precision to a full range of international become a prima hallerina with the Bolshoi Ballet. That banking services, including: investment returns some of the
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  • Page 4 Advertisements
    • 465 4 I BUSINESS BLOOMS WHEN DRIVE CUSTOMERS IF away: ,1 II away: IBHB If I r bBWBBMHmEP K k m Follow this rule and you will be Follow this rule and you will be §^kH^RH| assured of success. HHHM assured of success. A good standard of service is HHHH A good
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  • Page 5 Advertisements
    • 29 5 LEAVE SOME ROOM FOR DESSERT. -I n •t in *jw Vw«.«_» TRAVEL ARRANGEMENTS TO PARIS CONTACT OTA IN SINGAPORE US) *****55. KUALA LUMPUR (603) 2324*52 OR JAKARTA (42-21) *****42
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • 70 6 WASHINGTON The US Export-Import Bank has signed lan agreement with the Kuwait Investment Authority for the financing of up to US$2 billion (553.4 billion) in American .exports to be considered on a case-by-case basis. It said last "week that this was the
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      • 85 6 WARSAW The former president of the National Bank of I Poland, Grzegorz Wojtowicz, has been arrested in connection with a foreign debt fraud scandal allegedly carried out by the .privately-owned holding company Art-B, local newspapers [reported last Saturday. Wojtowicz was arrested on Friday, according to
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      • 90 6 .'ZURICH Credit Suisse (CS) Holding scored a 77 per cent •jump in first-half profit by comparison with the same period last year, at 602 million Swiss francs (Ss69o million), the company reported last week. The balance sheet total (total •assets) was up by 16 per
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      • 78 6 I PARIS The chairman of Banque Indosuez, a unit of Cie *de Suez, has said the difficulties its Seoul branch has had with South Korean authorities are over. "This affair is closed and I am delighted," Antoine Jeancourt-Galignani told a news conference last week. South
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      • 63 6 PARIS Eight Western banks have offered to re-finance US$l.l billion (SSI.9 billion) of Algerian borrowers' medi-um-term debt, a spokesman for French bank Credit Lyonnais said last Friday. "It does not involve new money," he said. Algeria has been seeking a debt package to tide it
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      • 77 6 CANBERRA The Australian Mint will stop distributing one- and two-cent coins from next February, Treasurer John Kerin said last Friday. About As7s million worth (SSIOI million) of the copper coins are in circulation. The move is the second stage in the abolition of the smallest-denomination
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      • 77 6 LOS ANGELES Security Pacific Corp said last Friday that it is proceeding with its proposed merger with BankAmerica Corp and has no plans to renegotiate the price of the stock transaction. The bank issued a statement in response to Wall Street speculation that the proposed
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    • 285 6 Spreads, however, are very tight Reuter NEW YORK The World Bank's US$l.5 billion (552.54 billion) bond priced simultaneously in Europe, Japan and the US last Friday comes at the cheapest level in recent memory, says World Bank vice-president and Treasurer
      Reuter  -  285 words
    • 271 6 AFP WASHINGTON The loss-making Southeast Banking Corp, Florida's secondranked bank and premier lender to the state's blue-chip companies, reopened last Friday under the banner of a North Carolina bank following a federal takeover. The Federal Deposit Insurance Corp (FDIC) said a day earlier that
      AFP  -  271 words
    • 307 6 AFP Reuter TAIPEI Taiwan's Central Bank of China (CBC) has relaxed its reins on credit by cutting official discount rates and required reserve rates for banking institutions. The discount rate, the interest rate that the CBC charges banks for financing, was clipped by 0.25
      AFP; Reuter  -  307 words
    • 299 6  -  By Said Abdullah SINGAPORE The Australian economy may be in the doldrums but the Aussie dollar is this year's currency star, according to The Economist magazine. The Australian dollar gained 4 per cent against the greenback since the end of 1990 to Sep
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    • 318 6 Reuter NEW YORK First Union Corp is not champing at the bit to become a national player but is content for now to be a Southern superregional bank, says chairman and chief executive officer Edward Crutchfield. "First we want to
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    • 581 6 Reuter NEW YORK A wideranging probe into Salomon Brothers' misdeeds in US Treasury auctions has those who trade government securities drawing some uncomfortable parallels with the case of Drexel Burnham Lambert. Drexel, fined US$B.9 million (Ssl3 million) by 42 states and US$65O million by
      Reuter  -  581 words
  • Page 6 Advertisements
    • 369 6 '91 The Ninth Malaysian Building Exhibition Putra World Trade Centra, Kuala Lumpur, Malaysia. 25 28 September 1991 PYou must not miss this cornerstone in the building industry. MAI IfFTf '91 is THE place to lay your foundation and seal your deals. If you are an architect, contractor, engineer or building
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    • 98 6 JK&MW Oscars ■p 1 HAPPY DAYS Happy days are here again! From 6.30 to 9.3opai grt 1 drink free for eveiy drink purchased (non-premium drink only). Tiy our new menu with its sumptuous variety of fine foods at very sensible prices. And ifyou re planning a group function, call 235
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  • THE REGION
    • 295 7 Board of Trade urges govt agencies to help cut deficit BANGKOK Thailand is projected to have a trade deficit of 310 billion baht (5520.5 billion) this year, which is 18 per cent higher than last year's deficit of 263.16 billion baht.
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    • 409 7 Bernama ALTAMIRA, Mexico Malaysia is looking into the possibility of going into tripartite investments in Mexico to lap the North American market. Visiting Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad said last Saturday that what he had in mind was
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    • 144 7 AFP KUALA LUMPUR Malaysia is stepping up a campaign to convince Western greens that it is not responsible for the world's environmental woes. Officials say that the Malaysian counter offensive will be launched soon, ahead of the UN Conference on Environment and Development scheduled
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    • 310 7 AFP HANOI Ho Chi Minh city authorities have decided to crack down on the booming local black market in gold and foreign currency, the Vietnam Economic News reported last Saturday. Representatives of foreign companies would come under close scrutiny as part of
      AFP  -  310 words
    • NOTE BOOK
      • 71 7 MANILA A New Jersey judge has denied an attempt to dismiss a case filed by the Philippines against the US firm Westinghouse International. Senator Rene Saguisag, head of the joint legislative executive committee on the mothballed Bataan Nuclear Power Plant, said last Saturday that
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      • 81 7 PARIT BUNTAR, Malaysia Deputy Prime Minister Ghafar Baba has warned the Malaysian Trades Union Congress against holding demonstrations to protest against the presence of foreign workers. Such action by the MTUC would be deemed politically motivated and its leaders should not look for trouble, he
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      • 57 7 PARIT BUNTAR, Malaysia Housing developers and contractors from Malaysia will leave for Iran soon in connection with the building of two million units of low-cost houses there. Deputy Prime Minister Ghafar Baba said this was in response to the Iranian government's invitation to Malaysia
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      • 54 7 KUALA LUMPUR Finance ministers from 52 Commonwealth countries plan to meet next month in Malaysia. The ministers, a number of whom are their nations' prime ministers, would gather for their three-day annual meeting from Oct 8 in Kuala Lumpur, said Mohd Sheriff Kassim, secretary-general
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    • 429 7 Bernama KUALA LUMPUR Britain's commitment to the five power defence arrangement (FPDA) will continue despite the impending changes in the security structure in the region, its Defence Secretary Tom King said on Saturday. Britain has a continuing relationship with the FPDA with the various structures
      Bernama  -  429 words
  • Page 7 Advertisements
    • 251 7 I Wet Knfc Wah. Managing Director. Stamford Tyre* International Pte Lid j "~~W Success... Comes With The Right Partners ?l "From a small tyre retail shop, we have grown into an international distributor sourcing from a wide base of tyre manufacturers worldwide and exporting to more than 30 countries. To
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  • THE WORLD 1
    • 563 8 Countries scramble for share despite fears over impact on local industry Reuter TOKYO European countries are competing fiercely among themselves for Japanese investment in spite of widespread fears of the consequences of getting it. Most countries want jobs, technology and management skills associated with Japanese investment,
      Reuter  -  563 words
    • 305 8 Reuter SANTIAGO Mexico and Chile were due to sign a free trade agreement yesterday to gradually abolish tariffs on most products by Jan 1 next year. Tariff's on sensitive items, including textiles, glass, meat, tobacco, wood and petrochemicals would take two years
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    • 246 8 Reuter CALGARY, Canada Canadian petroleum drilling levels are expected to be dismal this winter as producers cut spending to cope with low natural gas prices and declining profits, say industry officials. "We're looking at the possibility of a winter as bad as 1989,
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    • 332 8 Reuter WASHINGTON The US economy has been helped rather than hurt by the huge inflow of foreign investment in the 1980s as foreign companies spent more on research and improving productivity than many US firms, according to a top government economist. "The data indicate
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    • 500 8 Reuter WASHINGTON The world, most notably the Soviet Union, has changed dramatically since last year's budget agreement between US President George Bush and Congress. But the White House says the five-year deal, including its provisions on defence spending, will not change at
      Reuter  -  500 words
    • 12 8 shells dreigned for'chemiSy weapwH^.fwl^tallen^biMi'ljN 8
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    • 590 10 IFC draws up new growth strategy UPI WASHINGTON The World Bank says it plans to commit as much as US$25 billion (5542.4 billion) this year to nations to better serve the poor, the environment and women, and to place its funds
      UPI  -  590 words
    • 298 10 FT PARIS Western aid donors have pledged US$6.7 billion (S$ 11.36 billion) in aid to India, to help the country through its balance-of-payments crisis and to support its wide-ranging economic reforms. The package, worth 6 per cent more than last year's assistance, was
      FT  -  298 words
    • 196 10 Reuter WARSAW Poland said the International Monetary Fund agreed to overlook its failure to keep to a creditrelated adjustment programme this year and focus instead on 1992. The agreement marks a victory for Poland, which has been trying for two months to
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    • 241 10 Reuter WASHINGTON US Senate Agriculture Committee chairman Patrick Leahy has proposed a larger programme to replace the current programme geared to providing food aid to emerging democracies, including the Soviet Union. His proposed legislation is similar to the current Food for
      Reuter  -  241 words
    • WORLD WATCH
      • 72 10 ER L N The government's Treuhand privatisation agency decided last Friday to close the car tyre industry in former communist East Germany after failing to find a western buyer. An agency spokesman said the three factories of the Hr» vIIi grOUP e "?P loy,n
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      • 93 10 T lACK C hlle Wlll not renew state guarantee for short-term trade financing at year-end, citing full recovery from list decade s debt problems. The finance ministry said iiini new trade credit operations as of Jan 1, }u tnol 'J 0 ger en J°y the state
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      • 59 10 RIO DE JANEIRO Leaders of oil workers hardened tneir line last Friday and said in a statement that they would defy a ruling earlier in the day by Brazil's Supreme Labour Tribunal ordering them to return to work. The strike has slashed national oil production
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      • 75 10 DUBAI The southern Gulf emirate of Dubai has launched a dnve to attract foreign investment ahead of Hongkong s return to China. The oil-rich emirate is inviting businessmen from several countries to examine investment prospects, which local officials say have widened following the end of the Gulf
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      • 61 10 GDANSK, Poland More than 30 Baltic ports, including those from the newly independent states of Estonia, Latvia and Lithuania, have formed a union to foster economic and cultural cooperation. The Union of the Baltic Cities will have its secretariat in Gdansk and the mayor of the
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  • Page 8 Advertisements
    • 289 8 r GRAND CITY 1 2ND ANNIVERSARY CELEBRATION Set Menu Usual Special Set Menu For Ten $544++ m++ (For reservations Of up to a maximum 1 N Cold Seafood Salad of 10 tables) Ns4++ $488++ Barbecued Suckling Pig (Whole) Set Menu For Eigh $260h $198++ Braised Supehor Shade's Fin with Brown
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    • 75 8 SHOWROOM /WAREHOUSE linked Within minutes from Bishan MRT Station APS INDUSTRIAL BUILDING eparate passenger S^ s a s entrances 49 JALAN PEMIMPIN SINGAPORE 2057 s P aciOUS basement carpark Flexible floor configuration Four cargo lifts 30(1 four passenger lifts Storey Area (sq ft) each floor 23 covered loading bays Ist
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  • Page 9 Advertisements
    • 353 9 Note the European styling, with an electronically controlled engine management system. Twin-spray fuel injectors and variable induction ensure smoother, effortless power delivery. WOULD YOU All this, in a car luxuriously longer, and wider, 1«SPEND $113 888 ON than its more expensive competitors? g And what if, in exchange for another
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  • Page 10 Advertisements
    • 221 10 si: For the month of September only, for lunch or dinner, in our normally extravagant International Selection Menu will be th reduced to a gourmet's bargain. Just $32.00 per person which covers 4 courses plus coffee or tea. If you haven't had the pleasure of dining in our elegant Brasserie,
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    • 204 10 J PRESENTS ASIA'S WIDEST SELECTION S'' BB OF INTERNATIONAL INDUSTRY Dll PRODUCTS AND SERVICES FOR THAT COMPETITIVE BUSINESS ADVANTAGE IS-U IKFTKMIU IMI VIILITUIICEMTftK, UNBANU Top Industry Suppliers Under One Roof From the 25 28 September 1991, ChcaAak/IntfruentAaia/AMLafaAafa9l, theregion's moat important event for the chemical and proceas engineering and rekted supporting
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  • ANALYSIS
    • 1018 12  -  Sina Than and Mike Yeong examine the implication behind both Hanoi and Beijing agreeing to do away with the 'red solution' Sina Than, Mike Yeong Sina Than, a Cambodian, and Mike Yeong are Research Fellows at the Institute of Southeast
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    • 1585 12  -  The race course in Kuala Lumpur is making way for an ambitious urban renewal development project costing some MsB billion. Salil Tripathi, who was in the Malaysian capital recently, reports Salil Tripathi 1T IS EASILY the biggest private property development in Malaysia. So big that
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    • 428 12 A new book shows the clash between the international aspirations of Japan's big banks and the feudal way in which they are run The Economist INDIVIDUALISM is not a trait usually associated with Japanese finance. But Akio Koiso is a man
      The Economist  -  428 words
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  • Page 13 Advertisements
    • 680 13 Why Our Multi-Feature Approach> lade Us The People's Choice. I (Because Sot Everyone Has The Same Needs.) j ii You've a choice of 10 different typefaces, including one HHft V.< f or drafts. Plus special features like italics, double strike jßifefr double height characters. So you're limited only by your
      680 words

  • ENTERPRISE & MANAGEMENT
    • 1179 14  -  Asia will continue to offer the greatest growth potential for the auditing profession, says James Butler, chairman of KPMG International. S N Vasuki reports S N Vasuki THE Japanese would love someone like James Butler. He started his career in 1952 as a
      1,179 words
    • 229 14 National Management Game WITH LITTLE economic news to cheer about, the highest-ever number of companies incurred losses in the seventh and final trading period of Round 2 of the National Management Game 1991. A total of 21 companies slipped into the red, with losses
      229 words
  • Page 14 Advertisements
    • 86 14 The Wearnes {|II 071 t0 y° ur as speeds through million instructions per the power the runs the performance access to Because your Wearnes more than a have the our for more bow good it WIMNM BOLOLINK 3M DX-40CT ■nwrr.ll.l WU IT lII'- frrtillm (Pfc| IJI m K*l ;)w tm«n
      86 words

  • Page 15 Advertisements
    • 477 15 THE GOOD NEWS IS THAT TWO DUTCH BAN KS HAVE MERGED. < I j Bw I I m I l ——o THE BAD NEWS IS THAT OUR NAME MAY SOUND LIKE DOUBIE DUTCH TO YOU. I T*?P *j, I The merger between ABN Bank and Amro Bank has given j
      477 words

  • SPORTS
    • 523 16 AP ESTORIL, Portugal Riccardo Patrese of Italy blew an engine early but used his backup Williams-Renault car late in Saturday's qualifying session to break the day-old track record and win the pole for the Portuguese Grand Prix. Gerhard Berger of Austria lowered the qualifying mark to one
      AP  -  523 words
    • 545 16 NYT NET ANY A, Israel Without much ado, top Jewish athletes and coaches from the Soviet Union have begun filtering into Israeli sports and are now raising this nation's hopes of becoming more competitive in international sporting events. The first tangible results have
      NYT  -  545 words
    • 325 16 AP KENT, Washington Pat Bradley shot a par-72 and held a one-stroke lead over charging Judy Dickinson after three rounds of the Safeco Classic last Saturday. Bradley, a 28-time winner in 18 years on the LPGA tour, was at eight-under 208 after three
      AP  -  325 words
    • 266 16 AP PAU, France Guy Forget won his second match in as many days last Saturday, this time teaming with Arnaud Boetsch to lead France to a 6-4, 6-3, 6-2 doubles victory over Yugoslavia's Slobodan Zivojinovic and Srdjan Muskatirovic and
      AP  -  266 words
    • SIDE LINES
      • 60 16 SINGAPORE Australian Mark Woodforde beat Christo van Rensburg of South Africa 6-1, 6-4 yesterday in the men's singles final of the Honda-Kah Singapore Open tennis championship. In the doubles final, Americans Mike Briggs and Trevor Kronemann defeated David Adams of Australia and Scott
        60 words
      • 113 16 CAIRO, Egypt Ramadan Mahmoud won three gold medals in the 52-kg (115-pound) division of the weightlifting competition last Saturday, Helping the host Egyptians to the early gold and overall medal lead after the first day of the All-Africa Games. Mahmoud hoisted 100 kg to win
        113 words
      • 74 16 ENDICOTT, New York Brad Faxon birdied the final hoie last Saturday to hold onto a one-stroke lead heading into the final round of the US$BOO,OOO (551.36 million) BC Open golf tournament. Faxon, who shot an even-par 71 for a 13-under-par 200 total, leads US
        74 words
      • 126 16 NEW YORK Pole vaulter Sergei Bubka of the Soviet Union and high jumper Heike Henkel of Germany, each with six victories during the lAAF Mobil Grand Prix season, were winners of the overall titles and the U5525,000 (5542,388). top prizes. It was the first time
        126 words
      • 86 16 KANSAS CITY, Missouri The Americans silenced the German fans but failed to quell their rackets last Saturday as Michael Stich and Eric Jelen prevailed in doubles to keep Germany's hopes alive in the Davis Cup semi-finals. Stich paired effectively with Jelen to beat Scott
        86 words
      • 39 16 INDIO, California Orlando Canizales knocked down challenger Fernie Morales twice to win a 12-round decision and retain his IBF bantamweight title last Saturday. Canizales improved his record to 29-1-1 by effectively counterpunching throughout the bout.
        39 words
    • 459 16 Reuter NEW YORK Michael Jordan and Earvin "Magic" Johnson head what amounts to a National Basketball Association all-star team that will represent the United States at the 1992 Olympic Games in Barcelona. The US team selections for the first Olympics to allow
      Reuter  -  459 words
  • Page 16 Advertisements
    • 210 16 V Wl W WOI M>»Mm If l Sand «Mgt LoHAn+ST Loft Ang* ST mm Lmgth 3SMi Lmtg»3Slnch IMAnglaOW U»Angb6+ Utu #1 Am ftognwtai 2mm fee* Prognuton 4 smm UftAflgto T7» IH_ I -g*» ZZZZZZZZZZZZZIZI Act Progression Omm jj^m wij AT LAST A^pMribn{Mß JHr<^ft TU 8X4»1 PttcMng WMg« n LottAngl»4f Length
      210 words
    • 58 16 A golden opportunity to own and develop 58 hectares of land on an island nearby Singapore with 21 metre draught at eastern side and beautiful beach on the other sides. An ideal location for tourism resort, oil storage and industrial development. Interested parties, please write to: The Advertiser S T
      58 words

  • THE ARTS 1
    • 533 17  -  P Y Van previews the Tokyo String Quartet which will be giving two performances this week P Y Van A performance of chamber music may seem rather far removed from competition tennis but a lack of overwhelming public interest and a particular shortage of queues
      533 words
    • 539 17  -  P Y Van reviews the Singapore Symphony Orchestra's Familiar Favourites Concert last Friday P Y Van Mozart and his flutes were the focal point of the first half of last Friday's Familiar Favourites Concert, while Faust's confused struggle with evil and temptation
      539 words
    • 762 19  -  v Georges Seurat exhibition now on at New s Metropolitan Museum of Art lays out the full scope and significance of what the artist achieved in nis bnef career. Michael Kimmelman reports Michael Kimmelman NYT A CENTURY after his death from diphtheria at the
      NYT  -  762 words
  • Page 17 Advertisements
    • 14 17 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.
      14 words
    • 104 17 WE'VE ARRESTED YOUR WIFE her attention, (har is with (he bouquet you ordered. She blushed pink as the roses. That must have been the loveliest birthday surprise ever. And we are thrilled to be a part of it. Our chief concierge, Ann Yap, is the youngest and the only one
      104 words

  • Page 18 Advertisements
    • 159 18 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE .vT >3bd A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxin. Mon-Sat: 11.30*™ to 2.30pm Sun: 10.30 am to 2.30pm KING'S m V.||WI*>NAI<IH AMIMM I (f (IK Mlfll) Havelock Road,
      159 words
    • 302 18 ouime&jf Mushrooms galore at Nutmegs! Specially flown in for this occasion, choose from morels, boletus, truffles, chanterelles, shltake. Just to name afew. Our chefs are cooking up a storm with an irresistible menu. From appetisers, soups and main courses, indulge to your heart's content on these delightful morsels. From Friday
      302 words
    • 239 18 Sweet Temptations of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at M RO++ per person. PLAZA HOTEL SINGAPORE IT/7 Pi ri -jri wAawacotoeeretawMrtTine vQHb nSUKI —fctoad '1— 0718 TH —I The most mouth-watering
      239 words
    • 227 18 W THE STABLES ■L. PRESENTS ONE OF ■f EUROPE'S BEST KNOWN CHEFS From September 16 to 30. you can HH\ vk J savour the finest in continental li* cuisine expertly prepared by master t /IB chef. Kevin Cape. jBL For reservations, please call *****11. Lunch Noon -2.30 pm Dinner: 7.00
      227 words
  • Page 18 Miscellaneous
    • 659 18 TELEVISION AND RADIO T\ 1 A J A 7.30 News (M). 8.30 Muqoadam (Cartoon). rnMMWmmmwmmiMm Predicting disaster stc v 0 vv^x 7.00 AM CNN hitornetioiinl (L). reo) 7.12 Azaa Magr*. BBC, 85.9 mltz in VHF Baai 8.00 Clom. 0.00 News at Mm. 7.15 Cahle News Network (Cont'd). 5 .30pm, 3.25
      659 words

  • Page 19 Advertisements
    • 138 19 AND ENTERTAIN Enjoy a sumptous appetiser and dessert spread with a choice of one main course. In the relaxing ambience of a hunter's lodge. Monday to Friday. 12 noon to 2.30 pm $31.00++ per person. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1582/97. 16 Telephone (66) 732
      138 words
    • 89 19 m r MUSIC IXHJWQE ah pEtotonrtll 1^8******78 MMwiSi «aSS^En IX! ASEAN TRADE FAIR 1991 OCTOBER 8-13, 1091 PUTRA WORLD TRADE CENTRE KOALA LOMPOR MALAYSIA Visit the premier fair in the ASEAN region. An opportunity to meet with ASEAN business and industry leaders. Explore the immense potential for trade, investments and
      89 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5357 20  -  By Sylvia Wong BROKERS are looking for a technical rebound in the local stock market this week to stem the losses that the market had been facing. But they are still pessimistic about seeing an end to the downtrend in the near
      5,357 words

  • 3734 21 ij Main Board GE Life 1440 +70 +5.1% CMB Packaging 352 +48 +15.8% I Wcpco 50* 500 fl +21 +412% 11 Semb Ship Loan 94 +15 Kings 212 +12 +6.0% I S Reinsurance 175 +10 +6.1% Nat Kap 50* 85 +8 Semb Maritime 380 +8
    3,734 words

  • MARKET REVIEWS
    • 535 22 Economy mired somewhere between recession ar recovery WHEN the stockmarket surged in the first few months of 1991, many on Wall Street thought that most of the year's good news had arrived. As proof of their conviction, companies rushed to raise new
      535 words
    • 420 22 AFP SHARE PRICES inched up in the holiday-shortened week on the Tokyo Stock Exchange (TSE) as foreign buying subsided. The Nikkei Stock Average closed the four-session week at 23,192.74 yen for a 58.31yen or a 0.25 per cent weekly advance after putting on 441.83
      AFP  -  420 words
    • 765 22  -  By Ray Heath SUDDENLY, it is Bid City in London. The professional predators are on the loose, stalking victims in a savage bout of takeover fever that recalls the days before the Crash of '87. Last week, bids hostile
      765 words
    • 293 22 Reuter HONGKONG HONGKONG stocks are seen drifting in a dull, trendless week shortened by a long weekend and dampened by a lack of fresh incentives. With most major blue chip interim results out of the way, the near-term horizon looks blank and analysts agree the
      Reuter  -  293 words
    • 941 22 A SURGING Australian dollar pushed down the local sharemarket during the week, brokers said on Friday. The market indicator, the All Ordinaries Index, eased 5.1 points to 1,562.6. The All Industrials Index shed 0.6 points to 2,411.4 and the All Resources lost 7.8 points to 912.8. Daily
      941 words
  • Page 22 Advertisements
    • 192 22 11 I IWVESTING SUPPLEMENT 1991 A special Business Times Survey October 89,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you In making that important choice, Business Times has Invited local and foreign
      192 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4298 23 THE Kuala Lumpur stock market remained submerged in bearish sentiment last week as share prices finished lower on all four days of the holiday-shortened trading week. As measured by the Kuala Lumpur Stock Exchange Composite Index, the market declined substantially by 20.26 points or
      4,298 words
  • Page 23 Advertisements
    • 88 23 B^nJUrnMES TELEPHONE: 7 3 0-5771/5772/5773 FAX: 734-4982 I UNDT SPRUNGLI AG, II H SWITZERLAND II II is pleased to announce II II the appointment of II II SHRIRO (SINGAPORE) PTE. LTD. II II Shriro House, 39 MacTaggart Road, Singapore 1336. II II Tel: *****58 Telex: RS ***** Fax: *****23 II
      88 words
    • 174 23 M THE MATTER OF THE COMPAMES ACT, CHAPTER 10 AND M THE MATTER OF FRESH CORNER PTE LTD Uqutdetion) An an Etoanrdbwy I—l Company haM to fcaioQiatoiad afloa of to company an IMi laptowbat tWO. »w lofciitiy SPGCIM. naoumoN mi duly paoaad: "Thai tw company ba wound up vofcmtarly pursuant
      174 words

  • WORLD STOCK MARKETS
    • Smaller US counters soar to record levels
      • 183 24 Sep 20 Clow Ptffhw NEW YORK Dow Jones 3,019.23 3,024.37 -5.14 SAP 500 387.92 3*7.56 +0.36 Turnover (million) 254.5 211.17 +43.4 LONDON Financial Times 30 2,038.8 2,011.3 +27.5 FTSE 100 2,600.3 2,588.7 +11.6 Turnover (million) 673.8 677.6 -3.8 FRANKFURT DAX Index 1,616.10 1,620.70 -4.6 AMSTERDAM CBS Tendency Index 91.4 91.6
        183 words
      • Article, Illustration
        1177 24 BLUE-CHIP stocks on the Wall Street erased modest gains and fell slightly in choppy trading on Friday while smaller stocks soared to record levels. Much of the market's volatility, which was com- pressed in a narrow range, was attributed to the expiration of stock options and index futures,
        1,177 words
      • Article, Illustration
        735 24 SHARE PRICES on London's Stock Exchange finished a choppy session stronger on Friday, boosted by in- creased confidence in an economic recovery in Britain. Despite eariy news of industrial conglomerate BTR pic's £1.5 billion bid for engineering group Hawker Siddeley Group morning trading was depressed. But as the session
        735 words
      • 190 24 THE Frankfurt stock market finished the week on Friday with a small loss, as the DAX spot trend index ended at 1,616.10 points on the basis of preliminary figures, off by 0.28 per cent from 1,620.70 at Thursday's close. Shares of Siemens were slightly higher in a technical reaction
        190 words
      • 347 24 SHARES ended broadly lower in Amsterdam on Friday, pushed down in late trading by option-related selling, dealers said. The CBS Tendency Index slipped 0.2 points to end at 91.4. Expiry of September options contracts lent some body to an otherwise anaemic bourse, but traders said investors remain more attracted
        347 words
      • 192 24 THE Paris Bourse managed a modest gain on Friday, as the CAC-40 stock price index finished the day and week at 1,885.49 points, up by 0.27 per cent from the Thursday close. Friday was the last day of the September trading month, which brought a 3.65 per cent rise
        192 words
      • 139 24 SWEDISH SHARES continued its downward trend on Friday since Sunday's general elections, mainly on a generally gloomy economic outlook. "There is no room for rises in the main shares. Investors are taking home some (profits) on the edges. To find winners you have to look for the smaller shares,"
        139 words
      • 154 24 BELGIAN SHARES closed almost unchanged on Friday in another day of active trading in some of the blue chip stocks, traders said. The BEL 20 Index of leading shares closed up 0.29 points to 1,113.73, but giving up almost O.S per cent since last Friday.'Trading volume was moderately high
        154 words
      • 339 24 TORONTO STOCKS ended slightly lower on Friday in lethargic trade. Dealers said volume was heavy due to the triple-witching expiry of stock options and index options and futures. All of the key indexes finished lower, with the gold composite dropping 45.92 to 4,512.17. "We had triple witching, and as
        339 words
      • 378 24 SWISS SHARES ended a quiet day steady to slightly firmer on Friday. Trading had slowed down after the first hour when expiring Soflfex options brought some life into the market, traders said. The all-share SPI index closed 1.3 points higher at 1,092.9 after fluctuating in a four-point range. The
        378 words
      • 358 24 THE JOHANNESBURG stock market closed a subdued Friday session steady to easier ahead of the weekend in the absence of any stimulatory factors. Gold shares remained depressed as world bullion prices hovered around US$34B after having once again failed to decisively breach $350, while industrials also lost ground in
        358 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 475 25 NEW YORK Reuter THE US DOLLAR closed lower on Friday and the mark gained across the board, as interest rate differentials undermined the dollar's early rally. Several dealers said the dollar could test support levels this week after its unsuccessful attempt to penetrate resistance around
      Reuter  -  475 words
    • 675 25 ASIAN CURRENCIES HONGKONG Asian currencies hardly moved against the US dollar last week in a week in which the greenback took a beating against the major European units. The Malaysian ringgit and the Australia, New Zealand and Singapore dollars all closed slightly higher against the US
      675 words
    • 388 25 Cross rates s^i USS SS M$ Dm Yen SFr AS NZS USS 1.6940 2.7498 1.6858 134.20 0.5774 1.4700 1.2547 1.7094 SS 0.5903 1.6233 0.9952 79.2208 0.3409 0.8678 0.7407 1.0091 MS 0.3637 0.6200 0.6131 48.8035 0.2100 0.5346 0.4563 0.6216 Dm 0.5932 1.0049 1.6312 79.61 0.3425 0.8720 0.7443 1.0140
      388 words
    • 517 25 Interbank rates S$ Bid Offer Overnight unav unav 1-month 4 IS/16 5 1/16 2-month 4 15/16 5 1/16 3-month 4 15/16 5 1/16 Overnight mode: 5-7/16 LSS High Low 7 days 5 5/8 5 3/8 l- month 5 1/2 5 7/16 2 months 5 1/2 5 3/8 3
      517 words
    • 507 25 Reuter APELDOORN, The Netherlands The European Community made substantial progress on Saturday toward an agreement on Economic and Monetary Union (EMU) that could lead to the creation of a single currency as early as 1997. "We've made a decisive step forward," Dutch Finance Minister
      Reuter  -  507 words
    • 415 25 Reuter NEW YORK A boom in demand for LDC debt spawned by recent Latin American success stories has increased investment in so-called second-tier country debt, traders say. Countries like Chile and Mexico, which have implemented economic reforms, have made investors eager to buy
      Reuter  -  415 words
    • 448 25 GOLD FINANCIAL FUTURES RE PORT LAST MONDAY'S low of U5544.30 was just US$l.OO per troy ounce above spot gold's lowest price for this year, set a mere fortnight ago, but values climbed steadily as the week progressed and reached the week's high of U*****.90 on
      448 words
    • 494 25 BANNS ABN Bank 8V« Allied Irish Bank PLC 8V1 American Express Bank 8V4 Am'Dam R'terdam Bank 8V« Arab Banking Corp 8'/< Arab Bank PLC IVi ANZ Banking Group 8V1 Ban Hin Lee Bank 8V« Banca Commercial 8V2 Banco do Brasil 8 Bangkok Bank 8 Bank Bumiputra 8'/«
      494 words
    • 145 25 COjjEX Sep 20 60U) FUTURES (100 oz) USS/oz Open High Low Settle Change Sep 91 II II 348.50 +0.20 Oct 348.00 349.20 348.00 348.90 +0.10 Nov 350.40 +0.10 Dec 351.30 352.50 351.30 352.10 +0.10 Feb 92 354.30 354.30 354.30 355.20 +0.10 Apr 358.00 358.00 357.70 358.00 +0.10 Jun
      145 words
  • Page 25 Advertisements

  • COMMODITIES
    • 454 26 Reuter LONDON The world's coffee producers have succeeded in reaching some form of a common stance ahead of the council meeting of the International Coffee Organisation (ICO), but it may not be what supporters of the proposed retention scheme may have wished
      Reuter  -  454 words
    • 270 26 Reuter LONDON The metals industry of the mineral-rich Soviet Union is likely to see further shutdowns as environmental and cost factors bite deeper and the process of refurbishing plants looks set to take years, analysts said. But while older fumebelching facilities close, plans are
      Reuter  -  270 words
    • 873 26 REPORTS AFP LONDON US President George Bush's threat to send air force units to Saudi Arabia if Iraq continues to refuse to obey UN resolutions lifted gold and oil prices on commodity markets last week. Against this background, the oil market welcomed without
      AFP  -  873 words
  • 1140 26 Rubber MS (tabh halt) Scents/kg Int 1 RSS Close Sep 16 136.00 Sep 17 134.75 Sep 18 135.25 Sep 19 135.25 Sep 20 135.00 MRELB (lob hi tolts) M cents/kg Int 1 RSS Close Sep 16 224.50 Sep 17 223.00 Sep 18 222.00 Sep 19 222.00 Sep 20 Cosed
    1,140 words
  • Page 26 Advertisements

  • 1142 27 CHjr nm CT* FUgW no MMM» SQ228 1905 SQ227 2200 I— RJ182 1400 <MMfMi SQ23 0700 K1642 2255 mam SQ25 0735 SQ36 2200 AM*iaa4 SQ388 2030 BA12 2200 MrM SQ181 1410 SQ 182 0915 tagM QF69 1145 RA408 0825 TG403 1155 TG402 0830 TG407 1225 SQ62
    1,142 words
  • THE TRAVEL PAGE
    • 623 27  -  POSTCARD FROM FLORENCE By Nirmal Ghosh ONE of the better ways of spending an idle European afternoon is to lounge in the sun in Florence at the Duomo, among pigeons, pavement artists and Italian ice cream. Brunelleschi's incredible work towers above you, Ghiberti's Gates
      623 words
    • 155 27 As at 3pm on Sep 20: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3442 I.3SS7 Canadian dollar 1.4778 1.5002 NZ dollar 0.9811 1.0009 Stealing pound 2.9229 2.9479 US dollar 1.6930 1.6980 Local dollars to 100 units of foreign cuetj Austrian schilling
      155 words
    • 87 27 Duration Title Venue Organiser _Td Duration Title Venue Otytniser Td SCP 9 29 f Ur^ A nTr ZUfiCh SPA ********** Sep 23-27 International Stockholm Stockholsmassan ********** Thurgauersirmsse Trade Fair for Sweden AB Household, Home, q, u off- lce Sport and Fashion Environment with 1 Sep 21-24 International
      87 words
  • Page 27 Advertisements
    • 40 27 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call *****77 for details. We know Barope from start to Finnish.
      40 words
    • 33 27 SDSmen on their dates Some SDS women told GO magazine about their dates. Today, some SDS men tell The New Paper of their female dates. NEW, NEWS, NEWSY From lunch-time. Monday to Saturday.
      33 words
  • Page 27 Miscellaneous
    • 316 27 Embarrassed by sunburn H|^^ 8 Threatening a current r""!!" measure in the boxing are- I I I I I I 111 i 9 Head heartened by permission to get artistic range of colours (7) 11 Fierce oil the flfl escape valve (7) HH 12 Hippie to abandon the I I
      316 words
    • 211 27 Singapore Outlook: Hazy with showers over a few areas in the afternoon Report Maximum temperature 31.2 Assoc humidity 73% Minimum temperature 24.4 Assoc humidity 97% Hours of sunshine 1.45 Rainfall in mm Nil Rainfall this month 109.4 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/13 Showers
      211 words
    • 27 27 e EVEMMO STAMOARO CO. LTD, IM2-IMI |orcowßw,nruMtoc- I —r Imfe&aftaaJ TO M\S MOUPftV ISINJ'T OP TO Fft/C O'CLOCK..?^"'! IS tN TMe VAXMKLEft&ftCH LEPyGUe... UCT'S GQ.... Q sa>
      27 words

  • 436 28  -  From Leslie Lopez in KUCHING THE Sarawak government has issued a blanket ban on opposition politicians from Sabah and Peninsular Malaysia from entering the state to campaign in state-wide elections to be held next week, say opposition leaders and government sources. State government
    436 words
  • 257 28  -  From Catherine Ong in HONGKONG A FRENCH group, Lyonnaise Des Eaux-Dumez, reputed to be a world leader in water treatment systems, is holding talks with Indonesia for water and electricity contracts on Batam and Bintan islands. Christine Morin-Postel, an executive
    257 words
  • 230 28 BANGKOK A consortium of French and Swiss banks, known as the Leonado Group, has been permitted by Kien Giang province to develop Phu Quoc Island on the south-western coast of Vietnam as a special economic zone. Tran Quyet Chien, member of the People's
    230 words
  • 594 28  -  Senior Minister's visit to Kazakhstan From Anna Teo in ALMA ATA THE OUTCOME of the recent general election is probably healthier than first thought because it refocuses attention on the erstwhile "silent majority", the Chinesespeaking population, said Senior Minister Lee Kuan Yew. Besides
    594 words
  • 324 28 ALMA ATA The biggest lesson for Singapore from his trip to Kazakhstan is never to rely on external help, said Mr Lee Kuan Yew. The interest of foreign benefactors in a country's progress and prosperity can only be intermittent; they may not have
    324 words
  • 323 28  -  Desaru resort dispute By Dawn Tan SINGAPORE The two contending partners in the multi-million dollar Desaru resort project, Kajima and K& S International Inc, will have to go back to court yet again to settle their dispute. For the second time, the High
    323 words
  • 379 28 UPI TOKYO The top Japanese business organisation has unveiled a proposed code of corporate ethics and has appealed to executives to sever links with gangsters and tighten in-house inspections. In announcing the "corporate behaviour charter", the Federation of Economic Organisations last
    UPI  -  379 words
  • 35 28 HONGKONG A Chinese junk sailing past a replica of the Egyptian Sphinx which was being towed into Hongkong's Victoria harbour yesterday as part of a promotion for the opera Aida.
    35 words
  • Page 28 Advertisements
    • 5 28 PiageT JOAILUER ENHORLOGERIE DEPUISIB74 GENEVE
      5 words
    • 109 28 PiageT JCMILUER EN HORLOGERIE DEPUIS 1874 GENEVE v >, H ,;|L, Dauphin Sitzkultur Your backrone is where you feel YOUR COMPANY'S ATTITUDES. We want to inspire people with chairs which display corporate identity: The superb, dean lines of the design of Dauphin chairs integrate elegantly into the office environment. Reasonably
      109 words

  • ShippingTimes
    • 577 29  -  Magdalene Phang SINGAPORE Vessel arrivals at Singapore for most vessel types showed high levels of growth during the January-July period this year, ensuring that the Republic will retain its position as the world's busiest port. Last year, for the fifth year running,
      577 words
    • 273 29 AP TOKYO The Transport Ministry ordered Japanese airlines last Saturday to inspect all their Boeing 747-400 airplanes to see if they have a structural problem involving a fuel line, officials said. On Thursday, nearly 50 passengers were injured as they slid
      AP  -  273 words
    • 137 29 Reuter SEOUL South Korea's shipbuilding exports are expected to exceed earlier projections and total US$3.O2 billion (555.13 billion) in 1991 from US$2.B billion a year earlier, a Korea Shipbuilders' Association official said last Friday. The government had originally predicted exports would total U552.66 billion. "Exports have
      Reuter  -  137 words
    • 1250 29 ?n* Col ABC Cootainerline 12 1 Accord Group 8 1-3 Aeropak 18 3 AFS 15 5 Ahrenkid Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 •APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk
      1,250 words
    • 186 29 Reuter LONDON Declining safety standards in shipping could result in a higher casualty rate and more accidents involving loss of life in the *****, the secretary-general of the International Maritime Organisation (IMO) said. "...If the improvement in the casualty rate that marked
      Reuter  -  186 words
    • 319 29  -  •y Rahita Elias SINGAPORE Hongkongbased Orient Overseas Container Line (OOCL) will upgrade its North American Atlantic-Europe Express (NAX) service by starting direct calls to two ports from next month. The carrier is replacing its call at the Dutch port of Zeebrugge and will instead
      319 words
    • 178 29 AP KENAI, Alaska The Kenai Municipal Airport is ordering a security system with a special feature a US$6,BOO (SS 11,560) turnstile designed to let moose out without letting them back in. The large animals have been lounging on runways, swimming in the float plane basin
      AP  -  178 words
    • NEWS SUMMARY
      • 45 29 AIRBUS Industrie is planning a special service for travelled that will enable them to fly nonstop in business class comfort. The new four-engine Airbus A-340-200 will provide luxury seating for 130 passers gers for flights of up to 13,560 km Payel
        45 words
      • 43 29 PANIC was the main reaOa 43 people were injured during an evacuation of a US Northwest Airlines jumbo jet thai made an emergency landing* Tokyo's Narita airport.oo Thursday night, Transpoot Ministry officials said last Friday Back Pagr
        43 words
      • 61 29 A SOVIET nudear-armed submarine sunk off Norway -i) badly damaged and will have to be raised because it could soon begin leaking radiation, Soviet experts say. The 5,000tonne Komsomolets, which sank in April 1989 after catering fire, slamiped nose-first into the seabed damaging
        61 words
      • 47 29 DIVERS searched last Saturday for seven construction workers who were trapped in a flooded tunnd when tropical storm Luke deluged central lapan with rain, triggering floods and landslides that killed at least eight people and injured nearly 20 others. Back Page
        47 words
    • 123 30 SINGAPORE The Federation of Asean Shippers' Council (FASQ said a proposal by the Far Eastern Freight Conference (FEFC) to raise shipping rates will hurt growth in Southeast Asia and hamper export competitiveness. The FEFC proposed a two-step rate increase of US$2OO (SS34O)
      123 words
    • 52 30 JAKARTA An Indonesian Navy patrol ship has apprehended a Taiwan-registered boat and its 10 crew for fishing illegally in waters near the eastern province of Irian Jaya, Antara news agency said on Friday. Antara said the 14.5 m boat was caught fishing near Cenderawasih Bay
      52 words
    • 73 30 LONDON Engineering company Dowty Group Pic confirmed it was to cut 413 jobs at its aerospace division as world recession has resulted in a slowdown in orders from airline customers, the group said in a statement. The group's redundancies at its Dowty Aerospace Gloucester (DAG)
      73 words
    • 87 30 LONDON Hull war risk insurance for ships travelling to and from Yugoslavia is to be tightened because of the increased risks in the area, underwriters said. The Joint War Committee of the Lloyds Underwriters Association and the Institute of London Underwriters declared the country's territorial waters
      87 words
    • 99 30 VIENNA Negotiations on the so-called "Open Skies" agreement allowing unarmed aircraft to monitor military activities in Western and former former Soviet bloc countries have been delayed by Soviet request, a Western source said here on Friday. The next session was to have opened on Sept 30,
      99 words
    • 27 30 JAKARTA Smoke from forest fires raging in Indonesia has disrupted flights to three domestic airports, an official of state-run Garuda Airlines said.
      27 words
    • 498 30 PANAMAX time-charters on Thursday dominated a quiet freight market, with the Baltic Freight Index (BFI) down one point at 1,541, brokers said. Pananuxcs attracted widely fluctuating daily rates with one prompt ship for delivery Continent to Far East via UK fetching a very high U5515,200 and another in
      498 words
    • 1030 30  -  Airbus Industrie is planning a special service for travellers that will enable them to fly nonstop in business class comfort, reports Roger Collis Roger Collis IHT Think of it as the long-haul equivalent of a regional airliner, enabling you to fly nonstop from where you are
      IHT  -  1,030 words
    • 806 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      806 words
    • 9668 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,668 words
    • SHIPS IN PORT
      • 513 45 Oapartora towl Hay Ha Barti AnM Departs Matin Tanaiaal 1 Sun u Plata swmb po7 22.09/1630 2109/0600 Hong toon ***** M03 atongs* 22.09/1830 Wmg Ko 04/91 P096 22.09/1900 24 09/1900 Ma top 56/91 M02 alongside 22.09/1800 Mk Perm 1 ***** P04 23.09/1930 2509/0630 Baton tapi *****1 M04
        513 words
      • 949 45 DECEIVING OF EXPORT FCL COHTAINERS AND LCt CARGO locord Boofcini/Babnco Ub Voy No Etb/Btr PiU From To From to Com* 23W 24/0300 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 wftolir m 24/2359 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Afcff hunt 109S 24/1900 2 22/1700 23/0659
        949 words
    • 273 46 Reuter TOKYO Panic was the main reason 45 people were injured during an evacuation of a US Northwest Airlines jumbo jet that made an emergency landing at Tokyo's Narita airport on Thursday night, Transport Ministry officials said last Friday. Five of the injuries
      Reuter  -  273 words
    • 326 46 Reuter ST PETERSBURG A Soviet nuclear-armed submarine sunk off Norway is badly damaged and will have to be raised because it could soon begin leaking radiation, Soviet experts say. The 5,000-tonne Komsomolets, which sank in April 1989 after catching fire, slammed nose-first into
      Reuter  -  326 words
    • 416 46 Storm floods construction tunnel, trapping seven AP TOKYO Divers searched last Saturday for seven construction workers who were trapped in a flooded tunnel when tropical storm Luke deluged central Japan with rain, triggering floods and landslides that killed at least eight people and injured
      AP  -  416 words
  • Page 29 Advertisements
    • 36 29 Panic blamed lor injuries during emergency landing, Back page w LHSv Bw i«pfv9WtN BVo^H^feAA Mtafecn «f tfct Registry «f Acwiiy feiMi*] tlilppliH Ifilti, «wpnw Hrth-I pfaf AnifwHw NmPw for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      36 words
    • 109 29 THE BPt£&AUBTBt 'Z&jeTTi TESTING •a yy% JH[ INTER MARINE SUPPLY CO (PTE) Lltt ~,,k TEL *****33 111 UCI) FAX: M ***** I MASkargo I Lr.z I „■tfifrk fVij- v p^H I rkiSHL r j&.' v i I >;^ H V v V v X BO in 11 tt- j For
      109 words
    • 23 29 CocMtfcprt 4 ContMr ScMtfi n Mb ti Marfan d 9mm iftn Mpaflvt {J SnppmTita w Tranport Owy -3 NMtar ni im CmMm {7
      23 words

  • Page 30 Advertisements
    • 183 30 BUSINES S T I M E S TELEPHONE: 730-5771/ 5 7 7 2 5 7 7 3 FAX: 734- 4 9 8 2 the largest shipping agency network in the world, with offices in 39 countries worldwide, invites applications for the position of: GENERAL MANAfiFR BUNERAGENCIES,JAKAKKB Responsibilities: to owe® the
      183 words

  • Page 31 Advertisements
    • 2298 31 rE^^ fw^FAJ< 1) 2240^ NESH,PP,NG WW/ BOOKINGS TEL: *****34/*****58 Wflfff H. TEHMINAUCFS TEL: *****18 220 I*oooo9 rl PEBAKA JABOWE MWPWO AOEHCIES SON. BHD L V>V# J POfITKEUVNG TEl_ *****18 FAX: *****61 /*****88 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 ■■■■■■j Dedicated to Quality Service ipoh tel *****3* fax *****6
      2,298 words
    • 1669 31 TRANSPORT MARY Sept 24-25: Seminar on Marine Insurance in Carrier's and Shipper's Perspectives, organised by Foes World at Carlton Hotel. Oct 10 (12.15jw-2.30pm): Luncheon Talk on "Oil Pollution", organised by Singapore National Shipping Association at the World Trade Centre Club. For further details, please contact SNSA at tel: 273-3574 or
      1,669 words
    • 1530 31 pWI.I.M^L-I'JIMIJI TWO SAILINGS TO EUROPE REGINA MAERSK VOll2 ETA SIN 25/0/01 TABLE BAY VO5OO ETA SIN 28/0/01 VMM* Vo* I ETA I ETC I Feeder by I DESTINATIONS to TN« Magiaby MMr* siot 24/9 0000 HRS Port Cf S 23/9 2369 HRS Kalang Panang OAK LOB HOU MEM ATL MM
      1,530 words

  • Page 32 Advertisements
    • 957 32 M MB A A VV A V M A I B m I v U H I V A A w v ROTTEDAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE FRANKFURT EXPRESS 58/337 24/9 11/10 13/10 16/10 17/10 ffPHS DRESDEN EXPRESS 01/336 29/9 16/10 16/10 21/10 22/10 KASUQA
      957 words
    • 603 32 »EA«PAC SERVICE Mftci south nan mn COPIAPO 2601E8 5/10 20/10 22/10 27/10 WFMSIouT 90 W5UWra LMnOM, MOO PABO. agl CHLE/ SOUTH MOICAN SPVICE SIN tOQ AMF VAP CLX COPIAPO 2601E8 5/10 t/11 10/11 10/11 17/11 ALIO ACCIPTMG CARBO TO MBCA. SAW OWTOMO MP COqUNBO Ag*nta. rWh J££E. Shlppln "^^'S &SSb
      603 words
    • 1351 32 I„ WEOOUUI WOePEHOWT PULL CONTAMER SERVtCC WESTBOUHB P6ft EUHOPb 1 1 VV/VOT m M kl HAM W fB. ROT Ml 11 I ("A (VIA (MA NSSI SHARJAH 1 3 M/lJ 2/!2 /10 24/10 25/1# 5/16 27/11 26/11 NQBASU MRUTX isl 31/10 M/ll 05/11 05/11 OC/ll 07/11 18/11 NORASU AL^NSOOBAM'^9I« 1
      1,351 words

  • Page 33 Advertisements
    • 1224 33 zzggSteamers Maritime Holdings Ltc 't STr-Uii 2/1# M/IOWIOWIO »CCFPT S OU SA»S ißmmam $iu nmnmnm 2% I?'" "raits khturi ra* kh... uk. kk C MO I mm™"SSSS SEE,™, woot Maroon; tia m* im ii/i« m/ii m/h ji/u o»/ii S!lJf"Lssr 5" M 27 s«r 2» s* t "WW "/nM/MM/H 11/1# a/i»
      1,224 words
    • 48 33 I I 8 sftsa SEACROSS S 8 REGULAR CONVENTIONAL SERVICE 1 WWWMH 11 LowUnoSIN DCSTN ft 2 MV "GREAT STAR" 25-30 SEP DUBAI g MV "QIQRY STAR" 15-20 OCT B. ABBAS 9tm DuKm: World Seas Ships Agencies (Est) T«t M6OOO F«c M 7619 TIS; ***** WSSA EM ft
      48 words
    • 944 33 JI mMI/WV ff OM LH OH na MV m^m MC m, ni j| SWT ff!S M/i* 7/n lull -ll u/ll !m! \m\ JSS"StST 7C ""1 u,J ,M 11/1 1M n/t l| sssss £5 311 j% gss g s£» ss ss r* 1 I o>Toqi ff,M M/ll »/U 1/11 VU T/li
      944 words
    • 309 33 I STRAITS/ JAPAN/ STRUTS SERVICE I I SPECIALIST M RO-RO t HEAVY UFTS I IpSS— Iwr pi nic [15 11 I coaacomasa li "I ■57; 1| I coaacmot* aa im I J li a7f H/j T I I M6EJSS* ~¥pt [7i» "gTi II I a/> i/ii "Z 1 II I
      309 words

  • Page 34 Advertisements
    • 612 34 CR NBR **********&-D EXPRESS SEMM»«NTAJNERSNIP SERVICE TO EUROPE W./WT STORE ROAM/ADAM HTW6 BREMEN ANTTKtf MATARAM/30W 11/10 12/11 17/11 21/11 2J/U FAST TRANSIT TIME ACCEPTING BREAKBULX/CONTAMERISED CARGO M(«ct to totoiwwt Alm ■CBiplliig MrfO to C«—blnc«. Ntf Md, Port Alexandria. Qemoet, Trtoato. ALSO ACCEFTTWC BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S 10 UK
      612 words
    • 769 34 1/3) It J* 3E m. I V HANJIN SHIPPING IMMUN ROTTERDAM 015* 23/9 WlO U/10 12/10 12/10 13/10 U/loj SfJLJ S[ Tnf HMUN KAOHSUNG 005W 29/9 17/10 U/10 19/10 19/10 20/10 21/10 Sun£ wio nSrr 12/12 wi? I HAN® nmmm mm _6/io 24/10 25/10 26/10 2S/10 27/10 ?s/io| kamw masan
      769 words
    • 61 34 ■■■■i I I mmmymnn i. REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OnKATOftS OP CAMOO VESSEL, TUOS A BARCoS SPBCIALISB Of WAVY-LIFT, HtQIBCT CAROOBS TO ALL INDONESIA, MALAYSIA. THAILAND, FHUPINB PORTS. OFFER CHARTERINO OF OUR CARGO VESSEL, TUGS A
      61 words
    • 711 34 I d -TcvTWSn^fi 1 I ■<—<• ■™»'»»-»»MMS«M%^% 1 JS!aS!gi!'!(!} 1 {S l yg vg W I use accepthg Cjweo m I I" mm*.*mm>mmmi I MUHM. CHCMO. KIKV). niMI I ODD WUU MOKHK KIIWnOQ I |<«Kas"' vu E' is is is I Itcmwm»-aa c/ 10 a/it a/it l/ii iff,. J£JJ u/u
      711 words

  • Page 35 Advertisements
    • 1518 35 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) VT BOOKINGS: NEPTUNELINK TEL :*****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 ($9 B AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 far east service *****48 cfs <27 import *****69******50 nil nepune sdn bhd Malaysia
      1,518 words
    • 498 35 I fASIZRNBROPf MR J HNDMBbBBB CZECHOSLOVAKIA 28/9 N SjS° 82 HUNGARY 28/9 I 82 ROMANIA 28/9 SS n,l YUGOSLAVIA 28/9 SSKLc fill 28/9 X&aGTMJ Km 26/9 HI fwwpf mmri fMtusTummm ANTWERP 28/9 S3 BREMEN 28/9 SSKL. fj/l HAMBURG 28/9 1 JSSS." 0 0 VJI LEHARVE/LONOON 29/9 s'" FELIXSTOWE (U.K.) 29/9
      498 words
    • 1004 35 it SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—PCCHttONC WESTBOUND—LOGONS TIAWSHFfED VW WOTTHPOI kskls m |m |mu fwc 15r |na |hbg [mm [~fi
      1,004 words

  • Page 36 Advertisements
    • 1389 36 E jv-' y f (CR No: **********0 M) I W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD I md TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 1 m\j MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHO H A .atTOA ™,w7 TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA,
      1,389 words
    • 1122 36 wS PNIU-OAteNT UN€S ffi LTD 1 ~106 Robinson Road #07-00 QUO BuMng Singapore 0106 Tal: *****22/*****69/*****00 Tatex: RS *****PHU FAX: *****78/*****38 BY AIR, LAND OR SEA..~. WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 26 SEP DUBAJ, DAMMAN, SHARJAH, DOHA. 1 OCT MONTREAL, OTTAWA, TORONTO,
      1,122 words

  • Page 37 Advertisements
    • 864 37 PACIFIC INTERNATIONAL UNES (PTE) LT gjjjgjj M 140 C*** Street *0300, Singapore 0106. l BAKARTA I BANGKOK I VESSEL VOV SIN JKT SIN "Til 1 lOW Ml 28/9 28/9 1/10 KOTABINTAMA f'N ®KK SIN EQUATOR MAS 17N 28/9 28/9 2 SKffiff! 0 SIS 22 JWWA TERATAI 353 29/9 1/10 9/K>
      864 words
    • 841 37 d BEN LINE CONTAINERS LTb #n-m'S! n II! em Road Tel: *****22 ssssar \SA WfawwESS CONTAINER SERVICE TO UK/CONTINENT ,uy 1,05 1 sag I ■ssssr sh T iuw I a^gssj'™^ City ol Sdintourgh-t- 326 24/9 Z Z SWEDEN CGM Paris j !±II2 ZZjjTjjT a r~ till 18/10 19/10 ***** 348
      841 words
    • 484 37 M MYANMA Z r* FIVE STAR UNE RG w (Myanmar National Line) Loading for Yangon (Rangoon) nM IT ft HPA-AN VIC7N 24/27 Sap h 24/21 Sap )gt THE BAHK UWt s "■seskskw heavy uft capability I EXPRESS TO PAPUA NEW oWA I run... SPORE FOR CHENAN V 33 30/9 POM/HON/NORO/LAE
      484 words

  • Page 38 Advertisements
    • 129 38 x~£~\ PLATOU PACIFIC \jtA SHIPPING SERVICES V REGULAR PAR EAST M. AMERICA BREAK BULK oSSSS* REP OFFICE TEL: 223*111 SMGAPORE: FAX: *****60 RIGA V.034 SINGAPORE 29/10 JAKARTA 20/10 SURABAYA 25/10 KAOHSJUNG 17/11 LOS ANGELES 15/12 RICHMOND 21/12 VANCOUVER 26/12 TEL A^in: FA? Q iS«»o R l, NCH SHIPPING l tL.
      129 words
    • 115 38 cosco UKC CONVENTIONAL BERVICE AVEMEL PNa IOMMmPOtt AVES«L 3W ROTTERDAM/ANTWERP CHINA CONVENTIONAL SERVICE 22. Pa LjQAONBFOft 2»W sow QUANOZHOUHUAMaPU COSCO FULL CONTAINER SERVICES fFCUFCL) EXPORT TO: CMNA/SANONOK/HONQMONQ EUROPBCONnNENTAL WESTHHXTERRAICAN AUSTRALIA US WEST COAST ARAB PERSMN OULRKARACH COSCO SEMI CONTAINER SERVICES (FCUFCL) TO RED MEDfTEHRAWEAW PN9» PKL» 9QP j EDO UMAMOL
      115 words


  • Page 40 Advertisements
    • 560 40 i ptmiimmiii TO AUSTDALU/NEN ZEALAND it **ffc |d» iMafe E Itadi |WC If. CHMJ e. vaous m a/i TJTt 7/11 12/11 it/11 22/11 "SrwtpfN 2n 21/w it/it 2/11 "I/IT *****" *****" 14/11 MARTHA IMI 14/11 21/11 M/tl 1/12 7/12 »/12 11/12 aim tans m~ 1/12 1/12 14/12 11/12 24/12 27/12
      560 words
    • 714 40 SI EffOtn TO OWW* 80rwawi MT ISNIMM WG KAO Kg TYO ag NCO KOB II BE33a VOY IIM |PKL PCM MM i~| <IM 1,3 28J 38.8 4.18 5.18 5.18 S.lB AM IAOC 51A »T" 21| 274 3M~ UT !5?— 211 n i 24 3 27 BHB 3.18 8.18 8.18 18.18
      714 words
    • 176 40 ]m KALIMANTAN 1 DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK ETA/ETD OCSTVMTKM I NUGA XXI Voy 22/91 25/21 Sep Jakarta/Paiombanf I I NMGA 42 Voy 15/31 27/21 S«p Jafcarta/Patanbanf NIAGA XXI Voy 21/91 30/1 Oct Jakarta/PaioinbaM l NUGA XXI Voy 23/91 3/4 Oct Marta/Paloirtaif I MAGA 42 Voy 17/91 5/7 Oct
      176 words
    • 920 40 —j ——tr—» zs l» I I I W CHINA OCEAN SHIPPING COMPANY I I FULL CONTAINER LINKS SERVICE Ml HX™"™ SM6¥OTS GENBUL MENTS: Mmnmnt I COSTAR SHFPMG PTE LTD J£OOBAL PUTM I ?uj£~ «mm/»i«ii mdonesia mamtme I mm TELEI: n 2SOI/ICOMP I m FJUL 22HMI/7 FII; rC)(a)MMi I GUAA GUAM
      920 words

  • Page 41 Advertisements
    • 475 41 Come On! Shippers! We are offering Competitive rales to Far East, Europe, Mediterranean ports.... We Hande your consignment witfi Care. Ship your consignment on Time. And do it wi#i utmost Efficiency. Don't hesitate and oal us now! Bey or FAST MRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA
      475 words
    • 474 41 TEL: *****33 (12 Uom) m FAX: *****15/*****03 itUI TELEX: R8 ***** RISHIP (3 Ltawa) i§\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTINQ FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ABYOT 28WB 5/10 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MA3SAWA NETSANET 2SWB 23/11 OARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA H
      474 words
    • 1213 41 SEAWARD SHIPPING AND TRADING CO (S) PTC LTD ETA ETA ETA SMK «*T XEUUK KNANG BUJE JAK 20/9 loading tor Male MVM HUONU 30/9 loading lor Calcutta DOIMN 19/9 Loading For Mate MOW* SJPKEME 23/9 20/9 loading For Mate OONAKULM 30/9 loaded For FHnraru PROGRESS IBEITY 30/9 Loading lor Maldiw*
      1,213 words
    • 296 41 mam iNff-in VBL VOY BMQAPORE MADRAS SMGAPORE VESSEL VOY SM MM SM TIGER CUFF 04CS 24-25/00 01-02/10 90-00/10 TIGER STAR 174* 29-30/09 04 00/10 14-15/10 TIGER MY 175 03-04/10 10-12/10 10-10/10 m VOY SSRBSSBBSBttWfii VESSEL VOY SM CM. SM EAGLE BREEZE 070 27-2S/M 04-00/10 14-15/10 LHOTSE 400 01-02/10 00-12/10 10-10/10
      296 words

  • Page 42 Advertisements
    • 1012 42 STOREYS PENANQ: (04) *****6 SIBU: (064) *****9 KK: (068 *****0 TAWAU: (069) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 2W9 22/9 23/9 Ldn/FI«/Rdm/Ant Lou« 20/9 21/9 22/9 22/9 23/9 24/9 Gothonburf/Stockholm/Oslo LOU>l ZU/a i 22/9 23/9 24/9 rfroow/Gomo/Triosto I t| H rL!? 1 20/9
      1,012 words
    • 306 42 BLUE star une TO FROM H/ NEW ZEALAND AND T/S TO FUI TO AND FROM NEW ZEALAND PORTS sm NPI AKI ITT MANDAMA 0504 2S/9 7/19 W J/lt M/ 19 PftEMER MB U/IJ W JJJ. 13/19 39/19 235 11/10 23/11 WCI 15/11 11/11 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH
      306 words
    • 1078 42 I THONG SOON LINES PTE. LTV. I Ml 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE Oft TEL: 2Z7SOM FAX NO: 2Z7HU. *****22 VST TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA nssa \m leta Iscst rora m srm KIM SOON
      1,078 words

  • Page 43 Advertisements
    • 1176 43 VEX DE VAPOREB "PERUVIAN STATE LINE" KCBVm BKMBULK/FCL/SOC CARGOES TO/FROM CALL AO, HATARAM, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CP* THROUGH Bit OF UUNNG. PwMt* P. K*lm| PMn KAmnnarTT 27/21 TMOMASVERETT M/ 10 Oct 11/12 Oct 15/1S Oct KJUUmOETT 23/24 Oct "EVERETT ORIENT UNE" JAPAN/BAY OF
      1,176 words
    • 571 43 I I multi-mope smphwptemT MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. OAMMAN SHARJAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. KDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TIBURY. ABERDEEN LE HARVE HAMBURG. ROTTEROAM. ANTWEP. GOTHENBURG, COPENHAGEN i AIL
      571 words
    • 495 43 liris PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA I VESSEL VOV SIN JKT SBY I DERAJAT 955 24/09 27/09 I. I PRASETIA 201 A 26/09 28/09 I PELOPOR 1007 28/09 01/10 I DERAJAT 956 01/10 04/10 I PRASETIA 203 A 03/10 06/10 BONTANG PACIFIC 038 28/09
      495 words
    • 441 43 H Ml BfcM I 30/9 KEELUNG/KAOHSIUNG I 29/9 BANGKOK I 29/9 MANILA/CEBU I 29/9 JAKARTA/BELAWAN/SURABAYA I 30/9 BUSAN KELANG/PENANG/E Ma,aysia I I IV 9 tokyo/yoko/kobe/ngo/osa I I 30/9 HONG KONG i I SM CHINA I 1/10 GUANGZHOU/HUANGPU/SHENZHEN I FUZHOU/XIAMEN/SHANTOU I OALIAN/SHANGHAI/XJNGANG I TIANJIN/QINGDAO/HAIKOU I also accepting LCI cargo I imnm
      441 words

  • Page 44 Advertisements
    • 886 44 «T FIL CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BANGKOK VOL OIH/MAOWAO VtL SIN/CALCUTTA VOL BIW/8 ANQK OK WMM9N SMCAISM SHHW NOT AMI DAE 1»-1»/00 S-27/M OJ-04/1I NOT AVMUKf 11-IJ/W 05-00/10 NOT MMUBU 19 S«p 23 W M-25/0J 01 02/10 00-00/10 27-2t/M 04-01/10 14-15/10 22 Uf X W 20-29/09 05-07/10 13-14/10
      886 words
    • 517 44 nontermj <© CONTERM FREIGHT (F.E.) PTE LTD. QUARANTEED WEEKLY CONSOLIDATION AUCKLAND 24 SEPT ALSO ACCEPTING CWtGOES fOtPOUT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 3/10 10/11 JAKARTA CONTERM EDEN 24/9 1/11 PENANG CONTERM A. BHUN 22/9 27/9 PORT KELANG CONTERM SEROJA 22/9 2t/9 EUROPE CONTERM ROTTERDAM 22/9 29/9 AUCKLAND CONTERM
      517 words
    • 420 44 7nAMSTL/AOC 01/} PENANG- KL: aIImUMK SINGAPORE: m<M*****2 *****8055 778 6522(22 linesi f XT Marina Onfl Susan Ns/PMIIp Kaa t«na Chan«/Eatttaf Yap i I WN 1 I I I EH KIM SHIPPING TRADING PTE LTD I I jESjlj Tel: *****11 Fax: *****88 VCSML VOV SM JCD DUB DAM SAUOI TABUK* FEA
      420 words
    • 441 44 V9H^BaaAUUA|a3||MA|SCAaikiSA M I&# %eid MANILA ETA t C VIGOUR PACIFIC 46N8 28 9 WgOUR SWGAPORE 10KB 5/10 HnV BANGKOK 29/9 6 101 25,9 30 9 HONGKONG 25/9 30/9 DUBBAN/PT LOUB 2t/9 9/10 a KEELUNG 30/9 7/10 U.SA 30/9 7/10 iii PT. KELANG 26/9 3/10 KOBE 30/9 7/10 PIRAEUS 1/10 13/10
      441 words

  • Page 45 Advertisements
    • 161 45 vd>c vQc vOc vCZ>c vQc vOcvOc V rrm premier carrier V Q reliable services q 0 V- laLt w cOMPETmVE RATES u 2 2 BARGES OPERATION TAR.ORING TO YOOR NEEDS Q SINGAPORE BATAM 5 HZEBasBBagH Q ENQUIRY BOOKING: A, 2 *****01 CM Q o HHDBBBHSBIISiHI 0 WEBQ.Y CONSOLIDATION SERVICES TO
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    • 619 45 PROVIDE FIXED DAY, WEEKLY DEPARTURE ID A Nedlloyd Lines MEDITERRANEAN FROM 1.1.02 IWEWZEAUUIO/TUI I < VES®. Jkt Pit •Pa* *rn SM rkm MM RfKA) mil i(») Mm l*tMM(l) M<R) fcphr fM»(C) N Rochester/9123# 21/9 24/9 21/9 21/9 25/9 28/9 11/10 23/10 13/10 16/10 17/10 17/10 14/10 15/10 20/10 N Roven/9124
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  • Page 45 Miscellaneous
    • 258 45 '"'""^iDEnNDWEBiiER' TODAY'S TttCS (height in metres) HomiitimtiwiiiiiiMMiniiiwwmiiiiimiiiiimiuwMiiuinmiTitimiiiiawawawzm JR 2.6 2.1 13 1.0 0.6 0.4 04 0.8 1.4 2.1 2.5 2.1 15 2.2 17 1.1 0.7 0.6 0.6 09 L 4 11 2.7 2.9 n 2.6 2.1 14 1.1 0.7 0.6 0.6 0.8 1.4 2.1 15 16 15 12 1.7 L
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  • Page 46 Advertisements
    • 835 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EASTBOUNO FEEDER TO PAOFIC SOUTH-WI»T TO WCWC tOOWTH-WEBT mm wr w jg \m mi—. iw w heme wr tov» nv wmmm o* am m/m h. cmuengex «s 21/19 n/m m/m mtmbs sk m/m 21/10 MM MM 131 M/M 11/11
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    • 186 46 REGULAR WEEKLY CONSOL TO: f EUROPE Milano Genoa IFelixsiotie Hamburg I Antwerp RottcrrUm I |gg| PT. CELEBES LINES dedicated feeder service to A from Surabaya Veeeel Voy td «n *ta Tanto Utama I*6 24AM 27/09 Bontang Pacific 038 28/09 02/10 Tanto Utama 197 02/10 06/10 Bontang Pacific 048 05/10 09/10
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    • 490 46 CHARTPOINT Every Saturday in Business Times This Week's Vessels Departure Australia 29/09 Indonesia. 24/00 Philippines, 20/00 Bangladesh 29/00 Italy 24/00 Spain 24/00 Belgium .20/09 Japan 23/00 Sri Lanka 27/00 France 24/00 Korec mMMHM M M 2S/00 Taiwan 20/00 Germany 20/00 Malaysia 24/09 Thailand 29/00 Holland. 20/00 Mid-East 29/00 UK 20/00
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