The Business Times, 31 May 1991

Microfilm: NL17495
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Friday, May 31, 1991 75*
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  • NEWS SUMMARY
    • Article
      Keating to challenge Hawke for PM's job
      44 1 CANBERRA Australian Treasurer Paul Keating will challenge Prime Minister Bob Hawke for leadership of the country, a senior government Minister said yesterday. "There's been an announcement made that there will be a challenge," Attorney-General Michael Duffy said.
      44 words
    • Article
      Kaifu to partially open rice market
      58 1 TOKYO Prime Minister Toshiki Kaifu plans to partially open Japan's rice market, the daily Yomiuri Shimbun reported yesterday. Quoting government and ruling party sources, the newspaper said that Mr Kaifu planned to announce the partial opening in late June, or before the Group of
      58 words
    • Article
      Wing Tai goes hi-tech
      22 1 WING TAI yesterday launched Autoporter, the soft-ware-driven material transporter system, in a major step towards computer-integrated manufacturing Page
      22 words
    • Article
      The second phase
      26 1 LINEAR TECHNOLOGY Corp of California, a specialist in high performance analog circuits, has entered the second and third phases of technological transfer Page
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    • Article
      Higher risk rating
      30 1 INDONESIA'S risk rating has risen as the country moves towards the presidential election in 1993 and as the economy grapples with the side-effects of reforms Page 9
      30 words
    • Article
      On the Thai oil trail
      21 1 MULTINATIONAL oil companies will spend billions of baht in petroleum exploration in northeastern Thailand Page 9
      21 words
    • Article
      No quick recovery
      28 1 THE industrial world is poised to snap out of the economic slowdown triggered by the Gulf crisis but recovery will not be brisk Page 10
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    • Article
      Phnom Penh's fears
      24 1 THE Vietnamese-backed regime in Phnom Penh harbours more than just a fear of the Khmer Rouge returning to power Page 13
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    • Article
      Key service
      23 1 GERMAN CARRIER HapagLloyd is counting on its Far East liner service to boost shipping income this year Shipping Times, Pg 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      52 1 WALL STREET reached a pause in its recent rally with a mixed opening yesterday. The Dow Jones average of 30 industrials rose 2.46 points in the first half hour of trading but then dropped back to show a 0.23-point loss at 2,969.36 by 1430 GMT, one hour into
      52 words
    • Article
      Footsie higher
      31 1 LONDON share prices were mixed at midday yesterday in a market dominated by technical trading. The broad-based FTSE 100-share index was up 0.7 point at 2,493.6 by 1112 GMT.
      31 words
    • Article
      SBS buys steel stake
      33 1 SINGAPORE Bus Services has bought a 3 per cent stake in Nat Steel in a long-time investment exercise aimed at forging closer ties between the two companies Page 3
      33 words
    • Article
      A welcome idea
      20 1 FUND MANAGERS and dealers in Singapore welcome the idea of a Malaysian stock index futures Page 3
      20 words
    • Article
      Former ways
      16 1 MALAYAN United Industries is expected to revert to its old share-swapping ways. Page 3
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    • Article
      NZ hotels for sale
      21 1 BUSINESSMAN Ho Whye Chung is putting another five hotels in New Zealand on the market Page 4
      21 words
    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 744.43 +0.37 Kuala Lumpur ...633.90 -1.12 Tokvo 25.647,40 +151.99 Hongkong 3,679.72 +54.33 Sydney 1,501.6 -1.4 Wednesday Change New York 2,969.59 +10.73 London 2,492.9 13.2
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7620 100 Yen SS 1.2791 MS SS 0.6390 Money market rates Overnight 4-13/16% +1/16 3-month 5-9/16% unch
      22 words
    • Article
      COMMODITIES
      38 1 London Gold AM fix USS360.80 +USS0.05 Rubber S'pore June l46.00*/kg unch M'sia June 227.00Vkg unch KL Tin Turnover 33 tonnes -9 Spot MS 15.16 /kg -0.04 Crudo palm oil Turnover 136 lots -158 June MS773 /tonne unch
      38 words
  • Article, Illustration
    Lock icon Aussie managers look for jobs in Singapore
    622 1  -  By S N Vasuki AUSTRALIAN managers rendered jobless at home due to the difficult economic conditions are turning up in Singapore in search of jobs. Executive search firms here told BT that in recent months they had been swamped with applications from Australian
    Source: Australian Financial Review  -  622 words
  • Article, Illustration
    More older residential areas to be conserved
    365 1 They include Joo Chiat, Jalan Besar, Beach Road and Blair Plain OLDER residential areas such as Joo Chiat, Jalan Besar, Geylang, Beach Road, River Valley, Blair Plain and Bukit Pasoh Extension will soon be gazetted for conservation. Technical guidelines for the restoration and
    365 words
  • Article
    HDB shortlisting teams of firms for design-build contract
    214 1 THE Housing Development Board is conducting a pre-qualification exercise to shortlist teams of private companies to tender for its design-and-build contract. The scope of the contract will include the design and construction of buildings, carparks, roads, sewers and landscape works for a
    214 words
  • Article
    S'pore firms in Vietnam told to reapply for licences
    396 1  -  By Harish Mehta SINGAPORE companies that have existing offices in Vietnam have been affected by a sudden Vietnamese directive to them to reapply for licences to set up offices. Foreign companies have earlier this week received letters from the Vietnamese Ministry
    396 words
  • Article
    Lock icon HK tourist arrivals fall
    121 1 AFP HONGKONG The number of tourists arriving here dropped 2.7 per cent to 530,408 in April, but hotel occupancy rose to 78 per cent from the previous month, official figures in the colony showed yesterday. The Hongkong Tourist Association figures showed that for the first four
    AFP  -  121 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      394 1 Allen Edmonds PtUt hiuue 102-38, Cenmpomt (Tel: *****68) #0110, Liang Court (Tel: *****52) Sltdgers *****, Orchard Emerald (Tel: *****35) and selected retail outlets. Aircraft Schedule 27 Money Market 25 World New 10,11 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional News 9 Editorial 12 Regional Stock Markets 23
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    • Advertisement
      Page 1 Advertisements Column 2
      79 1 I ifestyle managers and businessmen forget about gold bullion. WHAT MAKES ordinary who d,^PPf ar mysteriously buy gold shares. working people dash up the on wee en s jobs equivalent of 100 HDB Lifestyle also takes a walk Arts over Alen Webster, who storeys with 20kg loads? on 1e Wl
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      Page 1 Advertisements Column 3
      52 1 Compact A3-format Copier. CHIJ award ends controversy, Pg 2 sop^PIPp ed ACCESSORIES M BALLY BOUTIQUE in SINGAPORE '01 018 Shaw Centre/Raffles City/Royal HoiKlay Inn Crowne Plaza m np<; Moridien Hotel I set an Havelock Road/Parkway Parade Wisma Atria; Hotel/Sogo Paragon Scon. w.»no u .r Cnangi Terminal Robinson 4 Co Pte
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SIA repeats call for more open skies
        96 2 SINGAPORE Airlines has once again urged governments, especially those of developed nations, to move away from the system of bilateral air agreements in favour of a more open and competitive aviation regime. In a hard-hitting speech, SIA director for corporate affairs Matthew Samuel
        96 words
      • Article
        Tender for July COEs
        75 2 THE next monthly tender for the July vehicle Certificates of Entitlement (COEs) will open from 9am tomorrow and close at 4pm on June 7. The total quota available for this tender is 3,905, which includes the 107 unused from the last tender. Bid documents, costing 50
        75 words
      • Article
        Line-up for GPCs
        87 2 THE CO-ORDINATING chairman of the government parliamentary committees, Chandra Das, has announced the appointments of deputy chairmen for the various GPCs for the current period. They are Chew Heng Ching (Finance, Trade and Industrv); Dr S Vasoo (Community Development); Mr Tco Chong Tee (Environment); K Shanmugam (Labour);
        87 words
      • Article
        Esso raises wholesale prices
        72 2 OIL company Esso yesterday increased its wholesale prices. Pump prices arc expccted to go up soon. Its 98 octane unleaded is now US$O.BB per US gallon, up from US$O.BO in April, when the last revision took place. Its 98 octane leaded rose to US$O.79 from US$O.7l
        72 words
    • Article, Illustration
      Wing Tai launches new work system
      335 2  -  Towards computer-integrated manufacturing By Teh Hooi Ling TO SHARPEN its competitive edge, the garment industry has taken its first major step towards computer-inte-grated manufacturing (CIM). Autoporter, the softwaredriven material transporter system developed locally by Automation Applications Centre (ACC) and Kurt Salmon Associates for the
      335 words
    • Article
      Philips sets up tuner factory in Batam
      180 2 PHILIPS Singapore has set up a tuner factory in Batam which will start operations this year. Investment for the leased factory in Batam Industrial Park is initially expected to be a nominal $2 million this year. Planned staff, including administrative and managerial, will
      180 words
    • Article
      Linear Technology expands operations
      325 2  -  By Claire Leow LINEAR Technology Corporation (LTC) of California, a specialist in high performance analog circuits, is fast establishing a foothold in this region. Its Singapore testing and finishing facility, set up in July 1989, has entered the second and third phases of technological transfer. An
      325 words
    • Article
      Anglo-Dutch Shell streamlines group's local operations
      251 2 SHELL Singapore Pte Ltd (SSPL), the marketing arm of the Anglo-Dutch Shell companies in Singapore, has been liquidated, in a move aimed at streamlining the group's local operations. The entire SSPL set-up has been absorbed by its sole shareholder, Shell Eastern Petroleum Pte Ltd
      251 words
    • Article
      CHIJ award ends controversy
      259 2 MUCH controversy has surrounded the Urban Redevelopment Authority's (URA) decision to offer the private sector the site of the Convent of Holy Infant Jesus (CHIJ) for development. The URA also issued a three-point guideline for future conservation of the site. These are: conservation or restoration of
      259 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      28 2 1H fly H II I I HI II I jjj j ißj *1 r f 'y i PMfcT TTOUR I II HHHB I I I MMMM M M
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    • Advertisement
      Page 2 Advertisements Column 2
      122 2 BUSINES S T' I M E S TEI FPHONE: MO•T7 I 5 7 2/< 7 7 FAX: 7 3 4-4 98 2 INTERNATIONAL FREIGHT FORWARDING SAIES MANAGER Reporting to the General Manager, you will be responsible for customer service, rate quotations, sales and overseas agent liaison. QUALIFICATIONS: Previous experience in
      122 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SBS pays $31m for 3pc stake in NatSteel
      362 3  -  Investment move aimed at bringing two firms closer By Lilian Ang CASH-RICH Singapore Bus Services (SBS) has bought a 3 per cent stake in widely-di-versified Nat Steel, in an investment exercise aimed at forging closer ties between the two companies. In an
      362 words
    • Article
      Investors keen on KL index futures
      383 3  -  Good for S'pore-based funds heavily weighted in M'sian stocks By Chew Eng Han SINGAPORE Fund managers and dealers in Singapore have warmed to the idea of a Malaysian stock index futures, which both the Kuala Lumpur Commodity Exchange (KLCE) and the upcoming Kuala Lumpur
      383 words
    • Article, Illustration
      SML to focus on salvage, towage
      309 3 SEMBAWANG Maritime Ltd (SML), a member of the Sembawang group, will focus its energies on expanding the capabilities of its salvage arm Semco and the harbour towage division, said SML chairman Er Kwong Wah in its 1990 annual report. He also said that it
      309 words
    • Article
      MUI may be reverting to its old share-swapping ways
      603 3  -  THE HOCK LOCK SIEW COLUMN By William Chia SHAREHOLDERS of Malayan United Industries (MUI) who would like to see the staid Malaysian conglomerate revert back to being a high-profile market player actively swopping assets for shares may soon find their prayers
      603 words
    • Article
      OCBC Securities to buy 30pc stake in Malacca firm
      310 3 SINGAPORE-based OCBC Securities has entered into an agreement to acquire a 30 per cent stake in Malaccabased stockbroking firm Tan, Chow Loh Securities (TCL). TCL director Mr Jimmy Tan Soo Sum said the tie-up is, however, still subject to approval from
      310 words
    • Article
      Lock icon Marlestone makes offer for rest of Tanjong Tin
      186 3 Bernama KUALA LUMPUR Marlestone Investments Ltd of Hongkong, which recently acquired a 69.4 per cent stake in Tanjong Tin Dredging pic, has made an unconditional cash offer for the rest of the Tanjong Tin shares. Marlestone said in a statement that a
      Bernama  -  186 words
    • COMPANY BRIEFS
      • Article
        Antah sells AMMB shares for M$41.9m
        82 3 KUALA LUMPUR Antah Holdings Bhd has nfor J™*J the Kuala Lumpur Stock Exchange that it has sold 6.5 muHO shares in Arab-Malaysian Merchant Bank Berhad (AMM through private placement on the open market for MS4I.V million (5526.8 million). The net profit recorded is million.
        82 words
      • Article
        Tenaga takes US$25m loan
        70 3 KUALA LUMPUR Tenaga Nasional Bhd yesterday signed a US$25 million (SS44 million) loan agreement with the Helsinki-based Nordic Investment Bank. Tenaga chairman Datuk Dr Haji Ani Arope said the loan will partly finance the foreign cost of Tenaga's proposed eight dual turbine generators contract worth M
        70 words
      • Article
        Nod for new AMMB scheme
        61 3 KUALA LUMPUR Bank Negara Malaysia has approved Arab-Malaysian Merchant Bank Bhd's (AMMB) proposed scheme of arrangement involving the incorporation of a new holding company for the AMMB group. AMMB said in a statement that the principal activity of the new holding company will be to
        61 words
      • Article
        Antah unit posts M$8.1m profit
        72 3 KUALA LUMPUR Commercial Union Assurance (M) Sdn Bhd. a member of Antah group, has turned in a strong performance in 1990 with a pre-tax profit of MsB.l million (555.2 million) and net written premiums of M 542.8 million. The profit attributable to shareholders amounted to
        72 words
      • Article
        Rahman to bank on property
        56 3 KUALA LUMPUR Property development is expected to become the major revenue earner for Rahman Hydraulic Tin Bhd. in time to come, as the company goes into more property-related business and less into mining activities, managing director Oh Bak Kim said. The company, however, has no
        56 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      154 3 The alternative. J ANA HOTEL SINGAPORE u .in ii.i: Hu I ..MJ. I I It'll. I Vltolt H.I V.r. I ~...111 Uir It.-'.'l ■!>.., I I .«v <•.*»"» .-JM I. I. N \IISIN Rs-.'isi: I FOR THE WORLD'S MOST TREASURED WATCHES Montre Royale One establishment in Singapore houses some of
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        TNT responds to Aussie bourse query
        110 4 SYDNEY Struggling transport group TNT Ltd defended the promptness of its financial disclosures after being queried by the Australian Stock Exchange (ASX). The ASX said in a letter to TNT it questioned if the market was being fully informed about the company's financial position
        110 words
      • Article
        Bangkok nod to satellite project
        77 4 BANGKOK A cabinet-level committee approved Thailand's first commercial satellite-launching project at a cost of US$l6O million (SS2B3 million). Finance Minister Suthee Singhasaneh said. The committee of senior economic ministers agreed to grant the concession to Shinawatra Computer Co Ltd. to whom the government guaranteed an
        77 words
      • Article
        Kyosan may be delisted
        82 4 TOKYO The Tokyo Stock Exchange (TSE) may delist its second section-listed Kyosan Cable Co Ltd in September, due to a shortage of floating shares after a big stock acquisition, a TSE official said. Kyosan, a wire and cable maker, is a 55.2 per cent-owned subsidiary of
        82 words
      • Article
        ICI Australia to sell film plant
        59 4 MELBOURNE ICI Australia Ltd said it has agreed to sell its Brisbane-based plastic film plant and its agricultural film business for an undisclosed sum to Corporation Australia Pty Ltd, a Melbourne-based private investment company. ICI announced plans to sell the plant earlier this year
        59 words
    • Article, Illustration
      Ho Whye Chung selling 5 more hotels in NZ
      399 4  -  By Lee Han Shih SINGAPORE Businessman Ho Whye Chung, fresh from the sale of his biggest hotel in New Zealand, is putting another five hotels there on the market. It is understood that Mr Ho's Kingsgate International Corporation Ltd is asking
      399 words
    • Article
      NZ inquiry into London Pacific collapse
      182 4  -  From Selwyn Parker in AUCKLAND AUCKLAND New Zealand's Securities Commission, the companies watchdog, has launched an inquiry into the collapse of London Pacific, a forestry investor taken over by Asian interests shortly before its failure. Earlier this year, a high court judge found "some
      182 words
    • Article
      Lock icon Jennings Group to sell Aussie and US assets
      372 4 Reuter MELBOURNE Property developer Jennings Group Ltd has entered agreements to sell part of its preference share stake in Centra Properties Ltd for Asso million and part of its US operations for As4o million. Jennings said the Centra shares would be sold
      Reuter  -  372 words
    • Article
      Thai authorities set new takeover clause
      392 4 BANGKOK A public tender for a takeover of a listed company will have to be made once a group of investors acquires 30 per cent of its equity, according to the new takeover clause in the draft Securities and Exchange Commission bill, says a
      392 words
    • Article
      Lock icon Indonesia selects Japanese firm to study nuclear project
      197 4 AFP TOKYO Indonesia has selected a unit of Japan's second-largest power company to carry out a feasibility study on a proposed nuclear power project in Java. Reports by the Nihon Keizai Shimbun and AFP-Extel Nevis Ltd quoted on Wednesday Indonesian and Japanese
      AFP  -  197 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      178 4 Time-Based Charging starts on December 1, 1991 Standard Example: 1.4 cents per block of 1 minute Monday to Friday 8.00 am 6.00 pm Standard rate -10 minute call =14 cents Economy 1.4 cents per block of 2 minutes Monday to Friday 6.00 pm 8.00 am Economy rate -10 minute call
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      667 5 The Lion Group offers you 2 Prime Industrial Parks LION Strategically located in the CHENG Cheng Industrial Park IN DU ST RIAL PA R K established industrial belt of INDUSTRIAL PARK Shah Alam, Lion Industrial ««c i av a 1 outside Melaka SHAH ALAM SELANGOR Park is 333 acres of
      667 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Jacobs Suchard applies for delisting
        46 6 ZURICH Swiss coffee and confectionery maker Jacobs Suchard AG, which was taken over by Philip Morris Cos Inc in September last year, said it had applied to have its remaining shares and participation certificates delisted from German and Swiss stock exchanges.
        46 words
      • Article
        Philips unit expects turnaround
        67 6 HAMBURG, Germany Philips GmbH, the German unit of Philips Electronics NV, said it expects to report a net profit of around 200 million marks in 1991 after a loss of 339 million marks in 1990. Management board chairman Cornelis Bossers said on Tuesday that the group's
        67 words
      • Article
        Michelin unit posts losses
        46 6 KARLSRUHE, Germany Michelin Reifenwerke, the German unit of France's Cie Generale des Etablissements Michelin, said sharp competition in the tyre sector had led to a 1990 pre-tax loss of 21.3 million marks after a pre-tax profit of 117.2 million marks in 1989.
        46 words
      • Article
        Motor giants in joint research
        44 6 DETROIT General Motors, Ford Motor and Chrysler Corp have formed a partnership to conduct cooperative research and development on high-speed serial data communication. The data links, when applied to motor vehicles, permit real-time information exchange for vehicle function control.
        44 words
    • Article
      Lock icon ICL to buy data division from Nokia for £230m
      335 6 Reuter HELSINKI Finnish electronics group Nokia said on Wednesday that Japanesecontrolled British computer maker ICL would buy its Nokia Data division for £230 million (Ss7oB million). The companies also planned to merge their information systems activities into a single firm with
      Reuter  -  335 words
    • Article
      Lock icon GEC-Thomson plan to make advanced radar
      311 6 FT LONDON Thomson-CSF and GEC-Marconi, the French and British defence electronics groups, plan jointly to develop and make advanced radars for the generation of fighter aircraft after the European Fighter Aircraft (EFA). The groups expect their joint venture concern, GEC Thomson Airborne Radar (GTAR),
      FT  -  311 words
    • Article
      Lock icon Bourses recovering from effects of Gulf crisis
      218 6 Reuter WASHINGTON While many stock markets in the developing world were mauled last year by worries about the Gulf crisis, there has been recovery during the first four months of this year of some of those hardest hit, the International Finance Corp said.
      Reuter  -  218 words
    • Article
      Lock icon Saatchi hopes to see profit again in second half of '91
      359 6 Reuter LONDON Saatchi Saatchi Co pic hopes to return to profit at an operating level by the second half of this year but sees no pick-up in the global advertising recession, which will depress its 1991 revenues. "Operating margins
      Reuter  -  359 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      261 6 New Zealand Hotel Portfolio Located In Key Tourist Centres North And South Island FREEHOLD PROPERTIES HIGH YIELD PRICED TO SELL MANAGEMENT AVAILABLE WITH GUARANTEED RETURNS AUCKLAND OKTCHIM IQUEENSTOWN lit AMI' I ROMA Vacation Inn Vacation Inn Vacation Inn Vacation Inn Kingsgate 222 rooms 91 rooms, 5 suites 100 rooms, 2
      261 words
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      Page 6 Advertisements Column 2
      186 6 ANYWHERE ANYTIME I JACK BARRETT ASSOCIATES MARINE CONSULTANTS RICK JAMES NAVAL ARCHITECT Will provide these services: Small Ship, Tug Barge Design Ship Construction Supervision Ship Repair Supervision Machinery Evaluation Selection Surveys Damage Reports Valuations Transport Studies at rates which will appeal to any ship owner For further information contact P.
      186 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Astra expanding in car assembly
      380 7  -  Dai-Ichi Kangyo Bank helping out with US$25 million loan By Chew Eng Han SINGAPORE The Astra group is expanding the automotive assembling activities of its subsidiary, PT Gaya Motor and will finance part of the expansion through a US$25 million (Ss44 million) syndicated loan. The
      380 words
    • Article
      Lock icon First Interstate plans to consolidate S'pore operations
      241 7 Reuter LOS ANGELES First Interstate Bancorp is maintaining its branch in Tokyo to focus on trade finance, while consolidating its trading operations in Singapore as part of a company-wide move to save on costs and streamline efficiencies, a senior First Interstate official said
      Reuter  -  241 words
    • SMALL CHANGE
      • Article
        Commerzbank partial operating profit rises
        67 7 MUNICH Group partial operating profit at Germany's Commerzbank AG rose 30 per cent in the first four months of 1991 compared with the same period last year. Total group operating profit, which includes earnings from own-account trading, rose faster than partial operating profit. Group partial
        67 words
      • Article
        Thai bank's rights issue
        78 7 BANGKOK The Siam Commercial Bank Ltd announced a 3-for-10 rights issue of 8.7 million 100 baht (556.87) par shares at 350 baht each. The bank said the rights issue is being offered to existing shareholders registered by June 14 with subscription and payment for the new
        78 words
      • Article
        Former bank VPs charged
        34 7 CHICAGO Three former vice-presidents of First Chicago Corp's First National Bank of Chicago and seven contractors have been charged with fraud in schemes involving bribes, kickbacks and other illegal activities.
        34 words
      • Article
        Tighter capital adequacy rules
        90 7 OSLO Committees within the Bank for International Settlements (BIS) are considering additional, tighter, capital adequacy rules for banks linked to their exposure in currency, interest and share markets. The new demands would add to existing BIS proposals for banks' total equity to amount to 8 per
        90 words
      • Article
        More US banks may fail
        57 7 WASHINGTON A Federal Deposit Insurance Corp official said deteriorating real estate values may cause more bank failures this year than the 180 the agency previously estimated. Under its pessimistic scenario, which assumes recession will continue to the end of this year, the FDIC estimates 230
        57 words
    • Article
      Fund to invest in US property
      236 7 SINGAPORE Private and institutional investors worldwide can get a slice of the real estate market in the US by investing in the Lux-US property fund. The fund is registered in Luxembourg and is designed for investors in Asia, Europe and the Middle East. Funds
      236 words
    • Article
      Lock icon BNZ likely to post bottomline profit
      122 7 Reuter WELLINGTON Bank of New Zealand Ltd (BNZ) expects to post a bottomline profit in the March 1992 year, after earlier announcing a NZ571.03 million (5573.1 million) overall loss for 1990/91, which was within the expectations of analysts. "I would anticipate that this year
      Reuter  -  122 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      606 7 No Descriptor Lst Price jkS&li& r'ifov i 1 Bangle Diamonds 323cts ffK I 2 Necklace ftamonfls 3 83cts SS 34 000 3 Ring Damonds 155 cis SS ***** 1 /T; 5 h 5 Ring Emerald 0 78c ts Diamonds 0 50cts SS 7100 S J jpf*~ "StEn 4 Uti-tJ. /j7
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      47 7 Dollar$ Non$en$e i r '>\ L .rw !V v Quotation ot the Day T*m bWi have a ntm of rh+tr own Th*y go up and (town There's always a*l hinds of gloom and doom Out I (htnk w*» H Q+t a la* reform htH otil of this commute*
      47 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      660 8 qvJP. CONGRATULATIONS TO HONG LAM MARINE CHRISTENING OF THE ASIAN OIL I V 2 f'. pf m N a k T > ..^rat- ~j jgare f; KENTON MARINE?PTELTD, Ea3 Ship Building, jf^ Project Management, Fli 1 Marine Inspection/Surveys. Owner: /CJX ASIAN ETERNAL SHIPPING PTE LTD Builder: .HK HONG LAM MARINE
      660 words
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  • THE REGION
    • Article, Illustration
      Domestic, external factors raise Indonesia's risk rating: PERC
      575 9  -  From Yang Razali Kassim in SINGAPORE DOMESTIC and external pressures on the economic front, as well as the approach of major elections, have increased Indonesia's risk rating, says a Hongkong-based risk analysis firm. As a result, GDP growth may slow down in
      575 words
    • Article
      Waxing lyrical about audio industry
      272 9 BANGKOK The International Federation of the Phonographic Industry, and enforcement arm of foreign tape producers, is confident Thailand will become a major phonographic centre in the region once the country's copyright enforcement laws have been improved. "There's no doubt Bangkok is a large market for
      272 words
    • Article
      Oil firms set to begin major activities in north-east Thailand
      339 9 BANGKOK Multinational oil companies will spend billions of baht in petroleum exploration in north-eastern Thailand, which has become a new centre of interest lor international hydrocarbon prospectors. The Bangkok Post said on Wednesday that seven groups of foreign oil companies
      339 words
    • Article
      Lock icon Indonesia speeds up major reforestation efforts
      239 9 AP JAKARTA Indonesia plans to speed up efforts to convert vast damaged and non-productive forest land into industrial timber estates. Forestry Minister Hasrul Harahap said on that starting this year, reforestation with industrial timber such as eucalyptus and acacia was expected to cover at
      AP  -  239 words
    • NOTE BOOK
      • Article
        Australian net foreign debt up
        57 9 SYDNEY Australia's net foreign debt rose to A$ 133.49 billion (S$ 182.88 billion) in the first quarter of 1991 from A 5130.16 billion in the fourth quarter of 1990, the Statistics Bureau reported on Wednesday. This compared with a net foreign debt of A$ 129.37
        57 words
      • Article
        Talks on economic grouping
        118 9 KUALA LUMPUR Thailand's Prime Minister Anand Panyarachun said on Wednesday that Malaysia's proposal on the formation of an East Asia Economic Grouping should be discussed at the 1992 Asean Summit. Mr Anand and Malaysian Prime Minister Mahathir Mohamad discussed the proposal for the new grouping during
        118 words
      • Article
        Boon for textile mills
        84 9 BANGKOK The Thai Cabinet on Wednesday endorsed an Industry Ministry request to lift two ministerial announcements governing the establishment of new spinning and weaving mills and the expansion of existing ones. A Bangkok Post report said the move, which would allow the free establishment and expansion
        84 words
      • Article
        Thai-Canadian venture
        74 9 BANGKOK The Federation of Thai Industries (FTI) has used eight million baht from its members to form the ThaiCanada Joint Venture Co with the Thai Chamber of Commerce and the Thai Bankers Association. The company will develop small and medium scale industries in the provinces, says a report
        74 words
      • Article
        NZ population rises 3.7pc
        84 9 WELLINGTON New Zealand's population has risen to 3,427,796, the Statistics Department said yesterday in a release of provisional figures following a census in March. The figure is 3.7 per cent up on the last census five years earlier. Of the latest figure, 2,549,707, or 74 per
        84 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      169 9 BUILT ON STRONG FOUNDATIONS Private Portfolio Management London is the world's centre tor international SERVICES l-OR OUR PRIVA TL investment management. Based in the CLIENTS INCLUDE heart of the City of London, with its L Global Equitv Investment powerful resources. Warburg Asset iim tm Cilobal Fixed Interest Investment Management provides
      169 words
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      Page 9 Advertisements Column 2
      289 9 3* SOHBHnHfc pifea AIB SOUTHEAST ASIA CONFERENCE jointly organised by Hp THE SCHOOL OF POSTGRADUATE Hi MANAGEMENT STUDIES |jH and =S H the faculty OF BUSINESS ADMINISTRATION, NUS |S ■EE Date 20 -22 June 1991 Time 9.00 am 5.00pm Place The Faculty of Business Administration, National University of Singapore Fee
      289 words
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  • THE WORLD 1
    • Article
      Lock icon Industrial world poised for recovery
      424 10 OECD expects economic growth to pick up, but not rapidly Reuter PARIS The industrial world is poised to snap out of the economic slowdown triggered by the Gulf crisis but recovery will not be brisk, according to the head of the Organisation for Economic Cooperation
      Reuter  -  424 words
    • Article
      Lock icon Japan, US fail to agree on chip market share
      418 10 NYT SAN FRANCISCO In what could be another setback for American semiconductor companies, US and Japanese negotiators have failed to agree on a key aspect of a new semiconductor trade agreement, according to industry officials familiar with the negotiations. The two
      NYT  -  418 words
    • Article
      Lock icon Study warns of an ageing Europe
      211 10 UPI VIENNA A non-govern-ment research group says Germany's ageing population will put an enormous financial strain on the country in coming years, and warns other European countries are likely face the same fate. The Vienna-based International Institute for Applied Systems Analysis (liasa), in a
      UPI  -  211 words
    • Article, Illustration
      Lock icon Was she the one?
      45 10 The Special Central Bureau of Investigation team has released this photograph of the unidentified woman suspected of killing former Indian prime minister Rajiv Gandhi. She is seen here shortly before the explosion in Sriperumbudur on May 21. Keuter picture Reuter picture
      Reuter picture  -  45 words
    • Article, Illustration
      Lock icon Sale of giant steelmaker marks start of privatisation in Brazil
      384 10 State company Usiminas gets US$ 1.58b minimum price tag Reuter RIO DE JANEIRO Brazil's ambitious and controversial privatisation programme took off on Wednesday when President Fernando Collor de Mello put a US$l.5B billion (about SS2.B billion) minimum price tag on
      Reuter  -  384 words
    • Article
      Lock icon Seoul planning to make rice farming more competitive
      379 10 Reuter SEOUL South Korea is cautiously considering plans to restructure rice farming a politically sensitive issue that could explode in the planners' faces. Proposals being drafted by the government were designed to make heavily subsidised rice farming more competitive, a ruling Democratic
      Reuter  -  379 words
    • Article
      Lock icon S Korean current account deficit falls
      191 10 Reuter SEOUL South Korea's current account deficit narrowed to US$9l2 million (about S$ 1.6 billion) in April from March's US$l.l5 billion, figures released by the central bank showed. The first and foremost reason for the deficit fall was brisk export activities, a Bank of
      Reuter  -  191 words
    • Article
      Lock icon Hopes again of recovery in US
      388 11 GNP slide in first quarter less severe than feared Reuter WASHINGTON Analysts say the contraction in the US economy between January and March, much less than was earlier thought, raises hopes that a modest recovery from recession is about to begin. The nation's gross
      Reuter  -  388 words
    • Article
      Lock icon France proposes budget cut, change in sales tax
      469 11 AFP PARIS The French Cabinet on Wednesday adopted a draft law for a six billion franc (551.75 billion) cut in the 1991 budget, plus changes in sales tax (VAT), government spokesman Jack Lang said. The move came less than two weeks after
      AFP  -  469 words
    • Article
      Lock icon French minister proposes debt-for-nature swaps
      255 11 Reuter PARIS France's Minister for Cooperation and Development, Edwige Avice, said on Wednesday debt swaps could be used to battle a wide range of environmental problems, including poor sanitation in Third World cities. "The debt-for-environ-ment swaps that we will support might... concern waste disposal, improving
      Reuter  -  255 words
    • Article, Illustration
      Lock icon Soviet legislation to draw investors gets preliminary approval
      320 11 FT MOSCOW Legislation designed to attract large-scale foreign investment to the Soviet Union and help revive the country's ailing economy was given preliminary approval by the Soviet parliament on Wednesday. The law provides for the repatriation of profits in hard currency, 100
      FT  -  320 words
    • Article
      Lock icon Top Soviet economic delegation meets US officials
      234 11 AFP WASHINGTON A high-level Soviet economic delegation on Wednesday met US officials sceptical about progress towards reform in the Soviet Union, but anxious to give the embattled Kremlin the benefit of the doubt in deciding whether to provide financial aid. Secretary of State
      AFP  -  234 words
    • WORLD WATCH
      • Article
        US panel passes foreign aid spending Bill
        75 11 WASHINGTON A House of Representatives panel on Wednesday approved a US$l5.3 billion (Ss26 billion) foreign aid spending Bill for the 1992 fiscal year and recommended far-reaching conditions on any Western aid plan for the Soviet Union. A non-binding report by the House Appropriations
        75 words
      • Article
        German opposition's new head
        53 11 BREMEN, Germany Germany's Social Democrats appointed Bjoern Engholm, a 51-year-old moderate, as party president on Wednesday in an effort to claw back into power after more than eight years on the political sidelines. A congress voted massively in favour of the quiet, pipesmokiqg northerner, who succeeds
        53 words
      • Article
        Britain, Albania resume ties
        59 11 LONDON Britain and Albania on Wednesday agreed to restore diplomatic relations at ambassadorial level, ATA news agency monitored by the BBC said. The agency quoted a joint communique as saying that both parties had agreed that their respective delegations would meet to discuss the "complete and
        59 words
      • Article
        Japan's plant exports rise
        71 11 TOKYO Japan's industrial plant exports rose 2.4 per cent to U5512.97 billion in fiscal 1990 to March, the International Trade and Industry Ministry said on Wednesday. Shipments to Asian countries jumped 27.2 per cent from fiscal 1989 to US$B.23 billion (Ssl4 billion), accounting for 63.5 per
        71 words
      • Article
        Tokyo plans to buy 2 Awacs
        61 11 TOKYO Japan's Defence Agency plans to buy two US Airborne early warning and control systems (Awacs) aircraft and multiple rocket-launch systems in the next fiscal year, which starts in April 1992, sources within the agency disclosed on Wednesday. However, the cost involved in the
        61 words
      • Article
        Tourism growing, says Cuba
        69 11 HAVANA Cuba's tourist industry grew strongly in the first quarter of 1991 in spite of a worsening economic crisis and the Gulf war. Rafael Sed Perez, president of the National Tourism Institute, gave on Tuesday night what he said was a "conservative" estimate that Cuba's tourist
        69 words
    • Article
      Lock icon Commission proposes uniform EC export control system
      292 11 Reuter BRUSSELS The European Commission proposed on Wednesday that the European Community adopt a uniform system for enforcing national export controls on goods which have both civilian and military uses. EC countries must coordinate efforts because they will not be able to police
      Reuter  -  292 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      450 10 S GOLDEN PLUS HOLDINGS BERHAD (Incorporated in Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at 15th Floor MCB Plaza, 6 Cangkat Raja Chulan, ***** Kuala Lumpur on Tuesday, 18 June 1991 at 10.00 a.m. for
      450 words
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      Page 10 Advertisements Column 2
      236 10 10 ways the Dais Carnegie Course* helps men end women: Poise and Confidence Public Preeentatione Human Relatione Ineight People Management Skills Effective Communication Motivational Skille The Courage to Think, Decide and Act Sell yourself and Your Ideas Develop Your Hidden Abilities Win a Better Job, More income With the Dale
      236 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      131 11 Voted by 12,000 readers as one Pi Ml of the five best in the sth Asian Freight Industry ASIAN HUH; If I IMM'STIIY ]jg AHAiiHs hi Awards, organised qq by Cargonews Asia I Recognised as the best Asia-based seafreight forwarder And winner of the top award in the international Stoploss
      131 words
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  • Article
    The economics of morality
    513 12 EDITORIAL PRESIDENT George Bush has decided to renew China's Most Favoured Nation (MFN) status in spite of its dismal human rights record to chart, in his words, "a moral course through a world of lesser evils". Much as his opponents in Congress would disagree, that is
    513 words
  • WHAT THE OTHERS SAY
    • Article
      Help the Soviet Union
      219 12 THE SPECTACLE of the leader of a superpower publicly begging for aid from its erstwhile enemies, as President Mikhail Gorbachev has been doing, is in itself extraordinary enough. What more then if he goes even further, and offers them a say in his country's economic decision-making
      219 words
    • Article
      Adopt NWC guidelines
      147 12 THE NATIONAL WAGE COUNCIL'S recommendations on the wage rise gives a clearer picture to workers on what they can expect to get this year. It is generally a wise and acceptable guide, pointing to the fact that wage rise should be lower than productivity increase. The report,
      147 words
    • Article
      Make haste, slowly
      172 12 NORTH KOREA'S changed diplomatic strategy may not have any actual effect on its internal policies. But. in the short term, it would help reduce friction on the Korean peninsula. North and South Korean representation in the United Nations is equivalent to having another channel of communication. It
      172 words
  • REGIONAL VIEWPOINTS
    • Article
      Build trust, not barriers
      178 12 BLOODY DEMONSTRATIONS have again plunged South Korea, whose economy is growing tremendously compared with other Asian nations, into chaos. On Monday, the main opposition group, the New Democratic Party, threatened to stage an all-out struggle by mobilising all available means and methods if its demands for
      178 words
    • Article
      A time to heal
      170 12 PERHAPS THERE IS HOPE for Ethiopia. There has been a cleansing in the sad land of famine and war. Its brightest omen, which caught worldwide attention, was the hotfooting into exile of former military strongman Vlengistu Haile Mariam who. since 1977, has applied military Marxism, brutal
      170 words
    • Article
      Stop these scavengers
      166 12 THE HUMAN VULTURES this time made their way to the isolated hamlet of Putoey village in Tambon Huav Kamin, Suphan Buri. The stench of death hung in the air as the whole nation was gripped in horror of the worst air crash in the history of Thailand.
      166 words
  • Article, Illustration
    Three big problems facing the two Asias
    761 12  -  A senior World Bank official tells Neel Patri in Washington what role Singapore can play in the development of Asia Neel Patri SINGAPORE could become the hub of great economic progress in South-east Asia by providing highly skilled technical manpower in the financial
    761 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      303 12 Our Recipe For Success Makes Perfect Scents. First, take a spoonful of Sheraton Cuisine It's our unique way of blending fresh natural ingredients with Asian spices to create light, exotic and delicious dishes TURBOT FILLET GRILLED WITH VEGETABLE VINEGRETTE Mix with The Heritage restaurant for outstanding world- 2 <X>4 fresh
      303 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      49 12 DOONESBURY BY GARRY TRUDEAU SORFYTHB HNSUMTH ME, UJELL. YOU KJNTM HAVE TO BCHS AIN'T SM.IUKS IF VOU'FK OONNA HANG WITH PROBABLY llajA scPveeevKxm me manly wmoetT why I'm on OUPIAJfiIW nut SCMTOF POLttV WITH JUIC3> WMS- HCL MYFITTH .Jy MNTPOUJN iWeiTCPMZ' lIMEfj OUf OWNWtVBS CAN'T j KWFiAOt IMI kdlL
      49 words
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  • ANALYSIS
    • Article, Illustration
      More open Iran presents a huge market
      771 13  -  Salil Tripathi, reporting from Ras A 1 Khaimah, observes how commerce is bringing the Gulf states closer together Salil Tripathi IT IS NINE at night and Abdul Sarwar (not his real name) is loading the last dhow. Seven dhows have already left the
      771 words
    • Article, Illustration
      Cambodia — will they make it this time?
      1026 13  - Cambodia will they make it this time? David Chew looks at the stumbling blocks to be overcome as the four Cambodian factions get ready to meet yet again next week David Chew WHILE the weary Cambodian people, Asean and the world at large entertain hopes that the latest United Nations
      1,026 words
    • Article
      Lock icon For God's sake, stay East now, young man!
      664 13  -  Dean Lokken says Californians are finding themselves running out or elbow room in their crowded state Dean Lokken Reuter JOURNALIST Horace Greeley advised Americans in the last century to "Go West, young man." Californians wish he'd kept his mouth shut. Alarm bells
      Reuter  -  664 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      74 13 ROLL UP THE POPIAHS! And you'll have a barrel of fun doing just that. We provide delicious popiah (spring roll) ingredients and you Do-It-Yourself. We leave you to make them to any shape. Bring the family and friends for a rolling good time. Small Portions 12.00 Medium Portions $22.00 Large
      74 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Chang to take on Lendl in Singapore
      246 14 ATP tour fixtures WORLD number 3 Ivan Lendl will play 19-year-old American Michael Chang in Singapore in the Super Ten- nis Challenge scheduled for Sep 26 at the Singapore InI door Stadium. Chang, winner of the 1989 French Open, was in action in
      ATP tour fixtures  -  246 words
    • Article
      Lock icon Bukka plans to leave Soviet Union
      153 14 Reuter OSLO Record-breaking Soviet pole-vaulter Sergei Bubka was quoted yesterday as saying he wanted to leave his native country because it had become too unstable. Bubka, who has broken the world record 10 times, said he hoped to move with his family to France
      Reuter  -  153 words
    • SIDE LINES
      • Article
        Sheehan warms up for Corning Classic
        107 14 ROCHESTER, New York Patty Sheehan was the talk of the Corning Classic last weekend, but for the wrong reason she missed the cut. That hadn't happened in two years not since the 1989 Crestar Classic in Chesapeake, Virginia and Sheehan wants to prove it
        107 words
      • Article
        Morgan hopes for recovery
        139 14 POTOMAC. Maryland If past performances mean anything, then Gil Morgan should rediscover his putting stroke this week at the Kemper Open. The Kemper has been Morgan's favourite stop on the tour, for a very obvious reason having collected U*****,925, he has earned more money at the
        139 words
      • Article
        Walsham wins third-day race
        57 14 NORWICH. England British pro Mark Walsham edged American John Loehner in a sprint to the line on Wednesday as the 1,850-km cycle race ended its third day. Walsham, Loehner, and British amateur John Hughes had led the field for the last 110 kms of the 186-km
        57 words
      • Article
        Separate but equal
        100 14 SEVILLE. Spain Rival sprinters Carl Lewis and Ben Johnson offered a preview on Wednesday of the next day s scheduled appearance at an international track meet, separate but equal. The two athletes faced the same reporters in the same room. But they did it at different times.
        100 words
      • Article
        Belgrade wins on penalties
        82 14 BARL Italv Red Star Belgrade's penchant for penalties took them to European Cup victory over the millionaires of Marseille on Wednesday. After two hours of insipid soccer failed to produce a goal, the Yugoslav side smashed all five of their spot kicks past goalkeeper Pascal Olmeta
        82 words
      • Article
        Trevino starts defence
        108 14 SCARBOROUGH-ON-HUDSON, New York Lee Trevino. by his own admission, is going to be tired today when he begins defence of his title in the NYNEX Commemorative tournament at the Sleepy Hollow Country Club. The 51-year old Trevino. the first member of the Senior PGA Tour to earn
        108 words
    • Article, Illustration
      Lock icon Woosnam tipped to score British hat-trick
      399 15 AFP WOBURN, England Augusta king lan Woosnam is tipped to score a Masters double here this week when he bids to add the British title to the more celebrated United States version. The Welshman is a 4-1 shot to complete a British hat-trick of
      AFP  -  399 words
    • Article
      Lock icon Connors, Becker fight back bravely
      490 15 French Open AP PARIS Boris Becker and Jimmy Connors demonstrated the meaning of the word champions in matches they could have lost so easily. Connors, savouring an improbable comeback at age 38, jumped to a two-set lead over Ronald Agenor on centre court on Wednesday.
      AP  -  490 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      276 14 INSTITUTE OF CERTIFIED PUBLIC I ACCOUNTANTS OF SINGAPORE I I A DEVELOPMENT PROGRAMME FOR EXECUTIVES! The Certified Diploma in Accounting and Finance (CDAF) is a post-graduate level qualification which is offered by the Chartered Association of Certified Accountants (United Kingdom). It aims tq provide executives from non-accounting backgrounds with knowledge
      276 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      477 15 Dream of a golf-pro comes true... THE WORLD'S ORIGINAL AND ONLY FORGED FACE METAL WOODS GOLFGEAR 2nd generation patented Forged Face" Metal Woods make all other metal woods obsolete. In a first from GOLFGEAR, "Tungsten Plasma Penetration" used to harden jet engine blades, makes the Forged Face" harder than conventional
      477 words
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      Page 15 Advertisements Column 2
      130 15 Love at first flight Fly through Copenhagen to Scandinavia Fly through Copenhagen to Europe Fly through Copenhagen to Eastern Europe Until you have flown SAS Euro Class, you have no idea how simple and productive business travel to Europe can be. And until you have flown SAS Euro Class through
      130 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      224 16 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE A PRINCESS From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.30pm to 3.30 am but at the same old prices $11.00 for adults and $6.50 for
      224 words
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      Page 16 Advertisements Column 2
      342 16 I warn PLUM'S imiiiiii mil *****1 CULINARY MYSTIQUE FROM THE BALI SHORES From 25th May 2nd June, 1991 Plum's introduces the exquisite culinary customls of the Balinese. Combining the flavourful regions of Indonesia, Bali s own has distinct character. Join us for this mystical experience. The buffet will Ix* available
      342 words
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      Page 16 Advertisements Column 3
      258 16 The Ist Jigsaw Puzzle Competition 26 May-30June It's a giant battle of wits. A red brain-teaser! Five consecutive Sundays of fun jointly organized by Plaza Hatal and Tht Puzzle Shop. Join in the children's Individual Event (up to 11 yrs) or the Team Event (open to all|. For just $12
      258 words
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      Page 16 Advertisements Column 4
      298 16 viva espana I The Belvedere brings you the savoury taste of I sunny Spain. With over 60 traditional favourites, you'll say "Ole" to the most H9gi' extravagant buffet in town! We serve the world to you at The Belvedere. Q/flawdarm ||g Qftnppofr I l( tW tritoaa <a*tr«n Orchard Road Smtap<xeo92l
      298 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      681 16 TELEVISION AND RADIO tk-tht,,.,.. -n. -w -nr r mmmmmmmmmmmmmmmmmmmm mm mm tmm ~SBCI2 .AA S5 BUSINESS ON RADIO 1 1 1 Cl 1 9.30 Get a Fresh' Start Quit 5.30 Dlnosaucers (Cartoon). rv OI I f*l —f tIMS I C I N LiN LICllIjC' 7°J J* CNN ,ntefnabonal (U smoking
      681 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A face unlike anyone else's
      775 17  -  Who's that «irl? Vernon Scott on what it is, besides acting ability, that makes an actress memorable Vernon Scott UPI A DISTINCTIVE face can do as much for a movie actress as a two-year scholarship at the Actors Studio. Maybe more. Katharine Hepburn, for example,
      UPI  -  775 words
    • Article, Illustration
      Lock icon A revival that's fit for a prince
      391 17  -  William Schmidt on a new London architectural project William Schmidt NYT Fl OUR years after Great Britain's most celebrated architecture critic, the Prince of Wales, snubbed designs for redeveloping a historic neighbourhood alongside St Paul's Cathedral, a team of American and British architects
      NYT  -  391 words
    • Article, Illustration
      Khashoggi ordered to pay travel bills
      462 17 CHATTERBOX ADNAN KHASHOGGI, the rich Saudi businessman known for his jet-set lifestyle, hasn't always kept up on his travel expenses. A federal judge in Manhattan, US, on Wednesday ordered Khashoggi to pav U*****,000 (551.32 million) to a tour group for airline tickets and other
      462 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      214 17 AND ENTEBTAIN High Fashion At High Tea. Every Saturday, High lea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. it ANA HOTEL 16 NASSIXI HILL, SINGAPORE IC3. TKI 7*2 U22. SINGAPORE CANTONESE THAI BUFFET Plus Complimentary servings of
      214 words
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      Page 17 Advertisements Column 2
      239 17 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 SIME SINGAPORE LIMITED (Incorporated in Singapore) ANNOUNCEMENT RIGHTS ISSUE OF 108,750,000 NEW ORDINARY SHARES OF $0.25 EACH IN THE CAPITAL OF SIME SINGAPORE LIMITED AT $1.00 FOR EACH NEW ORDINARY SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION ON THE BASIS OF ONE (1)
      239 words
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      Page 17 Advertisements Column 3
      439 17 Suficiiai S&4SI& 4 I for Birthday Celebrations Offer till 30/6 §>• (Book 24 hrs in advance) Lobster salad with fresh fruits Venison m hot siulmg plate Shark's fin with crab meat Season vegetable with Smoked Sichuan boneless mushroom tod, Pu tien fned bee hoon Soon hock in two flavours Water
      439 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares fall marginally in cautious trade
      4254 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market yesterday closed marginally easier in moderate and cautious trading. After a few straight days of good gains, the Straits Times Industrials Index slipped 3.29 points to finish at 1,546.30. The BT Composite Index
      4,254 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4127 19 Main Board DBS Foreign 1360 40 3.0% C&C 580 +25 +4.5% OCBC Foreign 1160 +20 +1.8% OUB 555 15 +2 8% SIA Foreign 1870 +10 +0.5% SIA 1340 +10 0.8% F&N 905 +-10 +1.1% OCBC 885 +10 +1 1% UOB Foreign 750 +10 +1 4%
    4,127 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      267 20 Company Date Year Group Net Net earnings Gross ann to protit/loss (L) per share dividend (000) (cents) PM Hldgs May 22 Dec 90 $3 320($6412) 22 1(42 7) 10(10) Tat Lee Bank Way 22 Dec 90 $*****(522.579) 13 1(144) 8(8) tat Lee Finance May 22 Dec 90 $1.914($2
      267 words
    • Article
      DIVIDENDS ANNOUNCED
      1298 20 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 51TE Jun 5 iun 17 Jul 1 101TE Amal Steel 50c 10KS) Way 16 May 31 Iun 7 10% 126". Boustejd 50c 5% (I) Apt 25 May 10 Jun 7 5%
      1,298 words
    • Article
      PRELIMINARY RESULTS
      256 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) HK Tel May 22 Ma. 91 HK$5 372d($4.643d) 45 4(39 1) 66(56) M Resources May 22 Dec 90 M$1.767($7,906L) 0 6( Sn Hartamas May 22 Dec 90 M$14.352l($363L) PMC May 20
      256 words
    • Article
      INTERIM RESULTS
      181 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (•000) C&C May 17 Mar 91 $49.453<$46,270) 5(4) Goodwood Park May 17 Mar 91 $14.753($15.208) 35(15) H Msia May 17 Mar 91 $313(51.725) 5(5) NST Apr 30 Feb 91 M$43 849($37.114) 10(10) SPH Apr 26 Feb 91
      181 words
    • Article
      CORPORATE DEVELOPMENTS
      412 20 Msy 29 The Multi-Purpose Holdings Bhd (MPHB) group intends to acquire several resort sites with shorelines which will then be developed into leisure communities with facilities like housing, golf courses, water sports and marinas. Neptune Orient Lines plans to raise its cargo carrying capacity in the mtra-Asean trade
      412 words
    • Article
      RESULTS DUE
      994 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net announced ending (cents) div profit last year 000) Cerebos Interim Apr 27 Jul 91 126 20.0TE(a) 38.911 Spore Land Interim May 4 Dec 91 126 100 *****(g) Van der Horst Interim Way 21 Sep 91
      994 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1005 20 Prices (as at 30.05.911 Conversion terms Premium/ 1 r 1 1 (discount) Amount Optional" I using Company (mil Wrts Share Loan Conv Exer LnstK Cash Cash, Loan Date Mths units) stock ratio price nom Stk 2 Left value 1 S S j j j C&c WtI
      1,005 words
    • Article
      APPROVED ISSUES
      272 20 Company Rights Issue Ale am One-for-two (>■, MSI 00 per share Issue o< 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at M$i per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date fun 7 Books
      272 words
    • Article
      BONDS, LOANS & WARRANTS
      916 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor one ordinary share ctc Wt Before 26 1 93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus JO 77 nominal amount of loan stock
      916 words
    • Article
      COMPANY MEETINGS
      309 20 The Insurance Corpn of Singapore Ltd: 21st AGM at the Board Room, Bth Storey, ICS Building, 137 Cecil Street, Singapore 0106 on Friday, May 31, at 12 noon. Inch Kenneth Kajang Rubber Pubic Ltd Co: 81st AGM at sth Floor, Straits Trading Building, 4 Leboh Pasar Besar, *****
      309 words
    • Article
      PROPOSED ISSUES
      521 20 Company Rights Issue Bolton One-fot tout MS2 00 per share Eu Tan Sant Two-tor one SI 05 per stare H Leonj Ind Two-tor five <g MS3 35 per share issue ot $28 07m 5% Redeemable Unsecured Loan Notes on the basis of $1 nominal amount of Loan Notes
      521 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      38 20 YOUR DAILY GUIDE (tyoA&ifceet The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. C.A.T.S. 737-1166
      38 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes lower on profit-taking
      4222 21 Bernama SHARE PRICES in Kuala Lumpur finished lower yesterday as investors liquidated their positions to take profits after the sharp gains of the last few sessions. The KLSE Composite Index eased 1.12 points to 633.90 while the Industrial Index fell 4.08 points to 1,194.99. Losers
      Bernama  -  4,222 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      257 21 >1 I This announcement appears as a matter of record only. P. T. BANK BALI I CAYMAN ISLANDS BRANCH I US$lOO,OOO,OOO I REVOLVING CREDIT with PARTIAL BACKSTOP FACILITY I Arrangers I Arab Banking Corporation (B.S.C.)* Singapore Branch I Sanwa International Finance Limited I Lead Managers I Sanwa Singapore Limited I
      257 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Light index-linked trade keeps market buoyant
      2217 22 Reuter TOKYO stocks closed firmer yesterday, extending a rebound from a three-month closing low hit on Tuesday. Wall Street's firm tone, the stable yen, and a downward trend in CD rates combined to provide a base on which arbitrage buying and bargain-hunting built gains,
      Reuter  -  2,217 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares chalk up sharp gains in active trading
      1951 22 AP AFP HONGKONG stocks ended sharply higher yesterday after feared stiff measures to combat inflation, which temporarily overshadowed concerns over a planned new airport, failed to materialise, brokers said. The Hang Seng Index rose 54.33 points, closing at 3,679.72. Turnover amounted to
      AP; AFP  -  1,951 words
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      Page 22 Advertisements Column 1
      31 22 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by I elerate 1 _J Read chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      31 words
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  • REGIONAL STOCK MARKETS
    • Taiwan shares slide in jittery trading
      • Article
        AUSTRALIA
        866 23 AUSTRALIAN shares yesterday steadied to close slightly lower in thin trade after the release of March quarter national accounts data. Local investors continued selling in early trade, again pushing the market indicator below 1,500, but the 1130 AEST release showing a 0.1 per cent rise in gross domestic product
        866 words
      • Article
        TAIPEI
        474 23 TAIPEI share prices yesterday finished lower across the board in volatile trade as nervous investors continued to dump stocks after Wednesday's losses. The Weighted Index closed 116.35 points (2 per cent) down at 5,597.24 compared with Wednesday's 5,713.59 close. Turnover was a light NT543.36 billion against NT545.2 billion. Dealers
        474 words
      • Article
        BANGKOK
        731 23 THE THAI stock market marked the last day of the open-outcry system yesterday with the lowest turnover since the Gulf War ended in February. The SET Index ended 6.37 points lower at 802.88 on turnover of 1.74 billion baht. On Jan 3, turnover plunged to 554 million baht, the
        731 words
      • Article
        MANILA
        554 23 MANILA share prices yesterday closed mostly lower after investors took profits, and government negotiators said Manila and Washington were still trying to fill a gap in a compensation package as part of the US bases agreement. The Manila Stock Exchange Composite Index eased 7.14 points to close at 1,176.26.
        554 words
      • Article
        NEW ZEALAND
        126 23 IN WELLINGTON yesterday, share prices were mixed and the market flat overall on one of the lowest day's turnovers for the year. The Barclays Index closed an estimated 2.45 firmer at 1,478.08 breaking four days of losses during which time it has lost about 4.9 per cent of
        126 words
      • Article
        SEOUL
        741 23 SEOUL share prices moved higher in extremely light trading on the Korea stock exchange yesterday. The composite price index of the exchange gained 1.41 points to finish at 613.74. Declines led advances 288 to 192 among the 720 issues that changed hands. Volume hit the bottom for the year
        741 words
      • Article
        JAKARTA
        616 23 JAKARTA stock trading yesterday was slow, bringing most prices down. Brokers said bearish sentiment might continue because of a lack of fresh funds. "It's frustrating. There is hardly any interesting buying," one broker said. The index rose 1.23 points to 397.74, boosted by the significant rise of Indocement, which
        616 words
      • Article
        Untitled
        594 23 Close Previous May 30 SYDNEY All Ordinaries Index 1501.6 1,503.0 -1.4 All Industrials Index 2352.9 2,354.6 -1.7 All Resources Index 853.7 854.8 -I.I Turnover (million) 74.03 104.49 -30.46 BANGKOK SET Index 802.88 809.25 -6.37 Turnover (million baht) 1,738 2.590 -852 JAKARTA Composite Index 397.74 396.51 *1.23 MANILA Composite Index 1,176.26
        594 words
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  • WORLD STOCK MARKETS
    • Dow advances for third day in a row
      • Article, Illustration
        NEW YORK
        1258 24 WALL STREET stock prices advanced on Wednesday for the third straight session as more investors apparently felt the economy was improving, if only slightly. Cars, paper, chemicals, and some metals stocks that will benefit heavily in an upturn moved strongly ahead. The Dow Jones Industrial Average edged 10.73
        1,258 words
      • Article, Illustration
        LONDON
        782 24 SHARE prices opened slightly lower yesterday in dull trading on London's international stock exchange. The blue-chip Financial Times Stock Exchange 100-share index, which rose 13.2 points on Wednesday, was down 4.8 points by mid-morning at 2,488.1. The narrower Financial Times 30 index was down 0.9 point at 1,946.0. Trading
        782 words
      • Article
        AMSTERDAM
        245 24 DUTCH shares yesterday opened mixed, tugged upwards by a firmer dollar and rises on Wall Street and Tokyo, but dragged by a lower trend in London and marginally weaker bond prices. Dealers say the market is looking to go higher, once it can find a good reason. The next
        245 words
      • Article
        PARIS
        271 24 FRENCH share prices yesterday opened quietly steady as investors paused following Wednesday's sizeable gain. Dealers said Wall Street's advance on Wednesday, a solid domestic bond market, and yesterday's cut in Sweden's discount rate buttressed values in the face of profit-taking. The CAC-40 index started at 1,826.62, up 1.46 points
        271 words
      • Article
        ZURICH
        275 24 THE ZURICH bourse yesterday turned slightly lower in early trading after opening a touch higher. Wall Street's overnight gains and Tokyo's stronger performance yesterday failed to inspire the market. The SMI index of leading shares eased 3.5 points to 1,713.6 in the first 40 minutes of trading after edging
        275 words
      • Article
        MILAN
        203 24 ITALIAN shares opened K3 per cent higher, with some large blue chips outperforming the market in strong volumes, estimated above Wednesday's 196 billion lire. "On some blue chips like Fiat, we have seen lots of large investors, including funds," one broker said. In early trading Fiat ordinary shares had
        203 words
      • Article
        BRUSSELS
        158 24 BELGIAN shares yesterday opened little changed in very thin trade which dealers described as the start of the traditionally quiet summer period. "The market has a lethargic feel to it. It's the summer period already," one dealer said. The Bel2o index was virtually unchanged after 45 minutes, 0.04 per
        158 words
      • Article
        STOCKHOLM
        154 24 PRICES on the Stockholm bourse yesterday were mixed in moderate and cautious early trade, with firmer blue chips and a slightly weaker all-share index. "Buying interest is still strong, but investors are more cautious and selective in their buying at these higher price levels," one dealer said. Blue chips
        154 words
      • Article
        JOHANNESBURG
        373 24 IN JOHANNESBURG gold shares were mixed in quiet early trading yesterday after Wednesday's strong gains as investors waited to see if world bullion prices can sustain the recent rally. Dealers said the atmosphere was cautious, and expected activity to remain subdued ahead of the Republic Day holiday today. The
        373 words
      • Article
        TORONTO
        321 24 TORONTO stocks on Wednesday tumbled from midday highs on profit-tak-ing and moderate losses in a few blue chip shares but closed slightly firmer. "I suppose it was just a normal fall back" after a quick climb in morning trade, one trader said. The TSE-300 unofficially closed up 5.7 to
        321 words
      • Article
        Untitled
        211 24 May 29 Close Previous 47NEW YORK Dow Jones 2,969.59 2,958.86 +10.73 NYSE Financial 154.10 153.56 +0.54 S&P 500 383.66 381.94 0.85 Turnover (million) 188.5 162.4 +26.1 LONDON Financial Times 30 1,946.9 1,937.0 9.9 FTSE 100 2,492.9 2,479.7 +13.2 Turnover (million) 436.4 288.5 +147.9 AMSTERDAM CBS Tendency Index 94.5 94.5 unch
        211 words
  • Page 24 Advertisements
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      40 24 The Frankfurt market was closed yesterday. For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Mingau, Shin Min, LianHe Wanßao call our Hotlines 740-1839. 740-1840. On target, chartpoint in BT on Saturday
      40 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Trading in HK$ cautious on talk of another interest rate rise
      1175 25 REPORTS Tokyo: The dollar closed weaker in bearish trade yesterday. Some profittaking pushed the US currency lower against the mark while exporter selling dampened sentiment against the yen. The dollar ended at 137.68 yen and 1.7086/91 marks after closing
      1,175 words
    • Article
      INTERBANK FOREX RATES
      393 25 Cross rates May 30 J USS SS MS Dm Yen SFr AS NZS US$ 1.7635 2.7570 1.7105 137.90 0.5784 1.4580 1.3158 1.7138 SS 0.5671 1.5634 0.9699 0.7820 0.3280 0.8268 0.7461 0.9718 MS 0.3627 63.96 0.6204 0.5002 0.2098 0.5288 0.4773 0.6216 Dm 0.5846 1.0310 1.6118 80.62 0.3381 0.8524
      393 words
    • Article
      MONEY MARKET
      555 25 Interbank rates SS Bid Offer Overnight 4 13/16 4 15/16 1-month 5 5/16 5 7/16 2-month 5 7/16 5 9/16 3-month 5 9/16 5 11/16 Overnight mode: 5-1/8 LSS Bid Offer 7 days 5 7/8 6 1 month 5 15/16 6 1/16 2 months 5 15/16 6 1/16
      555 words
    • Article
      Simex to launch gas oil futures contract in June
      393 25  -  By Quak Hiang Whai SINGAPORE The Singapore International Monetary Exchange (Simex) will launch its gas oil futures contract next month the third energy futures contract to be traded on Simex, the exchange announced yesterday. The contract, which will be launched on
      393 words
    • Article
      Lock icon Contusion over rise of HK dollar
      259 25 Reuter HONGKONG The sharp rise in the Hongkong dollar, which has seen the currency straining its traditionally close tether to the US dollar, has created confusion and suspicion among banks. Many banks here say they have suffered losses from having to go to the
      Reuter  -  259 words
    • Article
      FINANCIAL FUTURES
      1152 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.93 93.93 93.94 1299 ***** 553 Sep 91 93.73 93.75 93.73 93.74 2940 ***** 1878 Dec 91 93.25 93.27 93.25 93.26 1022 ***** 685 Mar 92 93.11 93.13 93.11 93.11 1031 7003 780 Jun 92 92.72
      1,152 words
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  • COMMODITIES
    • Article
      Lock icon M'sian tin miners keep up output in face of low prices
      344 26 Bernama KUALA LUMPUR Malaysia's tin miners, hard hit by depressed prices, said on Wednesday they still saw a future in the industry because producers would not be able to match demand. "There is a determination out in the dredges
      Bernama  -  344 words
    • Article
      Lock icon Brazil's coffee growers, exporters form alliance
      318 26 Reuter RIO DE JANEIRO Alarmed that the world's biggest coffee producer is losing its way, Brazil's coffee growers and exporters have formed an unlikely alliance to propose a new national coffee policy to the government. The Federation of Brazilian Coffee Exporters (Febec) and the
      Reuter  -  318 words
    • Article
      Fall in London sends KL tin lower
      832 26 REPORTS THE tin price finished four sen lower at MS 15.16 per kg on the Kuala Lumpur Tin Market yesterday in line with selling activity in early trade prompted by the downtrend on the London Metal Exchange overnight. Dealers said market sentiment was
      832 words
  • Article
    PRICES
    1407 26 Rubber May 30 IMS (W> to Hte«) S cenis/kg Noon Close Int I RSS Prompt 144.*****.OON 144.00/145 OON Int 1 RSS June 91 146.00/146.50 146.00/146.50 Int 1 RSS July 147.50/148.00 147.50/148.00 Int 2 RSS OP 143.50/145.50N 143.50/145. SON Int 3 RSS OP 140.00/ 142.00N 140 50/142 50N Int 4
    1,407 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1655 26 nroTTTrri IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF STUDIO NOSTALGIA PTE LTD (In Member's Voluntary Liquidation) MEMBERS VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the member of the abovenamed company duly convened and held at 101 Cecil Street #13-04 Tong Eng Building
      1,655 words
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      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1108 27 City Flight ETA Flight ETO Abu Dhabi GA976 OOIO GA890 0150 GA970 2245 Amsterdam SQ23 1815 GA890 0150 KL835 1415 KL836 2215 SQ23 1815 SQ24 2200 KL838 2240 Athens SQ45 0750 SQ24 2200 0A471 2205 2 Auckland NZ35 1550 BA11 1255 SQ338 2030 SQ325 2115 BA12
    1,108 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Great art or toilet humour?
      659 27  -  POSTCARD FROM BRUSSELS By Nicholas Doughty TIRED of looking at great art in stuffy museums? Try the Brussels Museum of Underwear. Its exhibits are framed and displayed with loving care by Jean Bucquoy, Belgium's enfant terrible an artist who wants the country's king beheaded in
      659 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.33S 1.355 Canadian dollar 1.523 1.543 NZ dollar 1.018 1.053 Sterling pound 3.028 3.048 US dollar 1.7600 1.7700 Local dollar* to 100 units of foreign currency Austrian schilling 1440 15.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 27 Duration Title Venue Organiser Tel May 27 to International Barcelona. Foire dc ********** June I Informatics Spain Barcelorve Exhibition June 5-7 Specialized for Graz. Grazer Messe ********** High-Tech Austria International Innovation June 9-16 Poznan Poznan, Foire *****1221 International Poland Internationale Fair De Poznan Duration Title Venue Organiser
      84 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      41 27 When it comes to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. 9/7/V/V/7/>7 We know Kurope from start to Finnish.
      41 words
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      Page 27 Advertisements Column 2
      26 27 LOOK, f Teacher! Students in this school paint their classrooms B themselves. They choose B the colours, too. B -:,r T 0* J Jr V; «aJjL
      26 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      316 27 1 A financial expert comes into organisation (9) BBIB^B^ 9 The woman expected to SB Hi HI succeed (7) 10 10 A Rechabite is not com- mm mmt monly corrupt BB 11 Coin is a variety of capital n2 aHH 12 Leaving for service (9) |B| Hi ■Bf~~BB'*~" 14 Kiss
      316 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      221 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Forecast: Maximum temperature 32.0 Assoc humidity 69% Minimum temperature 25.4* C Assoc humidity 99% Hours of sunshine 7.60 Rainfall in mm 4.4 I Rainfall this month 248.7 Rainy days this month 20 World forecast Asia-Pacific Hi/Lo* Cond.
      221 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      41 27 V.MUiJg J Ml -MO BRITISH HI. SP&E.D RWL t iU. o .'Vpc nou) uA\/r «i- wo L.T 7 hokSE WHIP.... \%ot I&vtwg* 5T s IoeLAVS Due to industrial NEWSP£Pe.R AND CA£AN xs /pgiveKS HAND<ej?cHieF... C EVENINO STANDARD CO. LTD.. IM2-IMI 0437
      41 words
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  • Article
    Harmonise rules to speed up Growth Triangle, says Habibie
    482 28  -  Batam looks to more land for real estate and manufacturing By Elaine Koh TO SPEED UP the development of the Growth Triangle, Singapore, Johor and the Riau islands should harmonise rules for immigration, customs and communications for a free flow of
    482 words
  • Article
    Regional cooperation takes centrestage
    162 28  -  From Sharon Lau in LUXEMBOURG REGIONAL cooperation was the catch-phrase during the morning session of the 9th EC-Asean Ministerial Meeting which started here yesterday. Speaking for Asean, Malaysian Foreign Minister Datuk Abdullah Ahmad Badawi proposed the setting up of a consultative mechanism to promote information exchange
    162 words
  • Article, Illustration
    PM urges Asean to find new means of economic cooperation
    416 28  -  Benefits of integrated, barrier-free market should be studied By Shoeb Kagda THE SIX member countries of Asean should explore new means of economic cooperation and study the benefits of an integrated, barrier-free market, said Prime Minister Goh Chok Tong last
    416 words
  • Article
    Chemical firms team up to push for higher safety standards
    317 28 MORE THAN 40 chemical companies in Singapore have grouped together, under the banner of the Singapore Chemical Industry Council (SCIC), to work out an action plan to push for higher safety standards in the handling of chemicals. The initiative, which
    317 words
  • Article
    Anti-inflation measures in HK spark angry moves
    292 28  -  From Catherine Ong in HONGKONG THE Hongkong government's latest measures to fight inflation have produced more acrimony than answers to the territory's rising cost of living. Civil servants have threatened industrial action over a lower-than-demanded pay rise; 250 taxi-drivers have staged a slow-drive
    292 words
  • Article
    Lock icon Export boost keeps Aussie economy afloat — for now
    222 28 Export boost keeps Aussie economy afloat for now Reuter SYDNEY A boost in exports has rescued Australia from another quarter of negative growth, but while the Australian government beamed yesterday, analysts warned the domestic economy was still very weak. "The export sector has put us in the black, but the
    Reuter  -  222 words
  • Article
    Lippo Land to go public with listing of 15m new shares on Jakarta bourse
    481 28  -  By Yang Razali Kassim LIPPO Land Development announced in Jakarta yesterday that it is going public with an offer of 15 million new shares. The announcement followed approval by the Indonesian Capital Market Supervisory Agency (Bapepam)
    481 words
  • Article
    Lock icon Minister urges M'sian mining firms to diversify
    128 28 Bernama KUALA LUMPUR Primary Industries Minister Datuk Seri Dr Lim Keng Yaik yesterday advised mining companies to diversify into other activities in view of the difficult situation they are facing. Addressing the Annual Chamber of Mines luncheon here, he said that with all
    Bernama  -  128 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      267 28 Nikon The World's Finest Photographic Systems I INFORMATION PACKED I TO. TWO DAY SEMINAR I fl/||lV" Problem Soto in Business' Now you can go beyond the obvious and unblock dramatic NEW WAYS to solve even the toughest business problems You will learn t0... Zero in on the real problems at
      267 words
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      Page 28 Advertisements Column 2
      107 28 Nikon The World's Finest Photographic Systems "Tl Now Zip gives you instant boiling water every minute 1 1 of the day... Sib JUST TURN ON THE TAP ZIP OUT-DATES URNS. KETTLES. COFFEE BARS AND JUGS MODELS TO suit every kitchen. hospital and school ZIP IS FULLY AUTOMATIC AND STEAM-FREE SAVE
      107 words
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  • Shipping Times
    • Article
      Hapag-Lloyd optimistic about FE liner service
      331 29  -  By Dexter Lee GERMAN carrier HapagLloyd is counting on its Far East liner service to boost shipping income this year, as recessionary pressures continue to take their toll in Australia and New Zealand as well as the US. This was disclosed in London recently
      331 words
    • Article
      Lock icon Many Philippine ships don't meet safety standards: official
      261 29 AFP MANIIA Many Philippine ships do not meet even minimum safety standards and should be scrapped to prevent loss of life and cargo. Transportation Secretary Pete Nicomedes Prado said here. Mr Prado told the Business Star newspaper in an interview published on
      AFP  -  261 words
    • Article, Illustration
      Hai Sun Hup chairman is Port of Kobe's representative
      212 29 MR OW Chio Kiat, the Hai Sun Hup Group's chairman, has been appointed the Port of Kobe's representative in Singapore. A company release said the appointment was aimed at promoting the local market's awareness of the Japanese harbour and to strengthen
      212 words
    • Article
      Lock icon Nissan announcement hits platinum prices
      231 29 Reuter TOKYO Platinum prices plunged in Tokyo yesterday after Japanese carmaker Nissan said it has developed a new palladium catalytic converter for removing pollutants from car exhausts. A Nissan spokesman said the new converter would be cheaper to make than the ones mainly in use
      Reuter  -  231 words
    • Article
      Lock icon High charter rates ensure brisk summer market for tankers
      540 29 Reuter LONDON High June charter rates and brisk activity in the tanker market should carry over into the summer months and shipowners' returns should remain high, brokers «vay. But moves by the major Saudi and Iranian charterers in the Mideast Ciulf
      Reuter  -  540 words
    • Article
      Lock icon Second tanker blows up in 24 hours
      154 29 UPI CAPE TOWN An explosion tore through an Iranian supertanker in Cape Town harbour on Wednesday, killing eight men and leaving one severely injured in the second such incident off Southern Africa in 24 hours. "We have recovered six bodies now and found
      UPI  -  154 words
    • Article
      Region Air clinches GSA appointment for Jes Air
      306 29 REGION AIR. a charter airline associated with hotelier Ong Beng Seng's listed Hotel Properties, has clinched the general sales agent (GSA) appointment for Jes Air. As the GSA. Region Air will handle all advertising, marketing and other operations for the privately-owned Bulgarian
      306 words
    • Article
      Lock icon Bangladesh port clearance will be costly
      216 29 Reuter LONDON Costs to clear up the Bangladeshi ports and inland waterways after the cyclone struck the country last month will be substantial, the London based Salvage Association (SA) said. It was unlikely that the country would be able to meet the costs involved,
      Reuter  -  216 words
    • NEWS SUMMARY
      • Article
        European yards urged to collaborate
        57 29 EUROPEAN yards have little choice but to unite if they are to face up to the challenge of the Far East majors. Juan Saez, chairman of Astilleros Espanoles. and now the head of the European shipbuilders' association CESA. is eager to take the fight to
        57 words
      • Article
        New generation trains from German railways
        30 29 GERMAN railways inaugurated a new generation of sleek, high-speed trains on Wednesday, seeking to lure travellers away from congested roads and airways Back Page
        30 words
      • Article
        Aden made a free-trade zone
        48 29 YEMEN has declared Aden, once one of the world's busiest ports, a free-trade zone. A statement issued after a Cabinet meeting in the capital Sanaa said the government had told a special committee to take immediate measures to establish a zone Back Page
        48 words
      • Article
        Production to begin at Point Arguello
        42 29 AFTER more than three years of delays. Chevron Coip soon expects to begin pumping limited volumes of crude oil from the controversial Point Arguello oil project off the California coast, a project spokesman said Back Page
        42 words
      • Article
        French-American group picked for train project
        35 29 TEXAS has chosen the FrenchAmerican consortium Texas TGV to build a high-speed train system, the first in the US, at a cost of USSS.7 billion (SSIO billion) Back Page
        35 words
    • LOG BOOK
      • Article
        Federal Express branch in Bahrain
        32 30 SINGAPORE Federal Express has converted its international service partner set-up in Bahrain into a full branch. The new branch will handle both inbound and outbound cargo shipments.
        32 words
      • Article
        SFFA's presentation ceremony
        72 30 SINGAPORE Participants of the Singapore Freight Forwarders Association's (SFFA) courses were presented with certificates at a presentation ceremony yesterday. Among the recipients were Mr S Chandra Morgan ot Translink Express and Mr Richard Wee of Birkat (SEA) who were awarded the SFFA Diploma. The diploma is only
        72 words
      • Article
        Eva Air's first B767 takes off
        39 30 SINGAPORE Eva Airways will start operations in July after it takes delivery of its first aircraft, a Boeing *****0ER. The aircraft will fly from Taipei to Bangkok, Singapore, Jakarta, Kuala Lumpur and Seoul.
        39 words
      • Article
        New duties for Sealand executives
        67 30 SEATTLE Sea-Land Service Inc has announced new designations for two Pacific Division vice-presidents, Mr Peter R Moe and Mr Richard E Murphy. Mr Moe, who is marketing vice-president, will be posted to Singapore to assume duties as vice-president/general manager. Southeast Asia. Mr Murphy, who has
        67 words
      • Article
        Assembly of first European fighter
        56 30 LONDON British Aerospace's Warton Unit has completed the first European Fighter Aircraft (EFA) starboard wing on May 10, which will be shipped to Germany for the assembly of the first EFA Development aircraft. The second aircraft will be assembled at Warton from June and by
        56 words
      • Article
        Updated container directory
        44 30 LONDON An updated edition of the World Directory of Liner Shipping Agency is now available. The 1991 directory details agency link-ups between 800 shipping lines and 2,800 liner agents in 180 countries, giving addresses and contacts of carriers and their agents.
        44 words
      • Article
        PTC's seminar in Bali
        55 30 HONOLULU More than 235 delegates from 16 countries attended the Pacific Telecommunications Council's mid-year seminar in Bali between May 12 and May 14. The seminar, entitled "Telecommunications/Travel Industry Interface and its Role in National and Regional Development", featured 25 speakers from Indonesia, France, Australia, Japan, Taiwan,
        55 words
    • Article
      DAILY FREIGHTS
      945 30 ACTIVE time-chartering and good enquiry' underpinned dry cargo chartering on Wednesday, brokers said. The Baltic Freight Index rose nine points to 1,743 with most routes higher, although some coal and ore routes were slightly lower. Panamaxes in the Pacific were hired at daily rates ranging from U5513,500 to
      945 words
    • Article, Illustration
      Lock icon A call to collaborate and compete
      1131 30  -  European yards have little choice but to unite if they are to face up to the challenge of the Far East majors. Davia Gilbertson talks to Juan Saez, head of the European shipbuilders' association, who is eager to take the fight to Japanese and
      Lloyd's List  -  1,131 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      505 30 Carbon Carbon Vlav 27 DensityWatcr Aluminum Sediment PwwrtyWrtor Sedimnt %um Exion won KG- M*31 V/V M M 1 M/M PPM method KG M*3% V/V M/M M/M PPM method tSO/C«n»c limits Spec E25 9911 0 15 0 0 10 30* 0 10* 981Q 2 13 0Q7 l4
      505 words
    • Article
      THE SHIPPING GUIDE
      12510 38 This is a list of ships loading Pea at Singapore for ports around rt the world. It tabulates, by u" destination, the name of the Lei ship, the shipping line involved and the estimated jai dates of arrival and departure 14 from the Port of Singapore. Advanced
      12,510 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        551 45 Vnsd Voy No Berth Amval Depjrtue Keppei Wharves Cg 993 01 K33 alongside 3005/1800 Cora Pcess 031 (P) K29 alongside 3105/1800 ftota Mdiu E 898 *31 alongside 31 05/0600 Mefic 3/91 K32 ato(«side 0106/1000 Pearl 1 1/91 C10 alongside 30.05/1100 Rawdas 52H K34 alongside 30 05/1300 /Ms
        551 words
      • Article
        CONTAINER SCHEDULE
        948 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bockini/Balance Rslb Voy No Etb/Btr Period From To From ACX U 31/0400 2 29/1700 30/0659 30/0900 3 30/0700 30/1159 30/1*00 American Sen EF121 01/0900 2 29/1700 30/0659 30/0900 4 30/1200 30/1459 30/1700 Anson *****N 31/2359 3 30/0700 30/1159 30/1400
        948 words
      • Article
        IN MALAYSIAN PORTS
        271 45 Penang Port Berth in Butterwcrth on May 31: 1: Tai Bao, 2: Yu Yi 11. Deng Yun. Pathem; 3: Sn Via. Malayan Success, BuiWer H, 4: ml; 5: Eagie Breeze; 6: Sea Glory. Penaig Wharf: NB: nil; C 8: nil; SB: nil. BCT: Bl: Mirna; Bll: World
        271 words
    • Article
      Lock icon German railways inaugurate new generation of high-speed trains
      430 46 Reuter KASSEL, Germany German railways inaugurated a new generation of sleek, high-speed trains on Wednesday, seeking to lure travellers away from congested roads and airways. Five new Inter-City Express trains with 4.000 guests on board converged on the central city of Kassel
      Reuter  -  430 words
    • Article
      Lock icon Yemen declares Aden to be a free-trade zone
      258 46 Reuter ADEN Yemen has declared Aden, once one of the world's busiest ports, a freetrade zone. A statement issued after a Cabinet meeting in the capital Sanaa said the government had told a special committee to take immediate measures to establish a
      Reuter  -  258 words
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      Lock icon French-American group wins US$5.7b franchise for train system
      387 46 AFP AUSTIN. Texas Texas has chosen the French-American consortium Texas TGV to build a high-speed train system, the first in the United States, at a cost of US$5.7 billion (SSIO billion). The Texas High Speed Rail Authority Tuesday unanimously awarded the 50-year
      AFP  -  387 words
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      Lock icon Chevron to start pumping oil from Point Arguello
      359 46 Reuter LOS ANGELES After more than three years of delays, Chevron Corp soon expects to begin pumping limited volumes of crude oil from the controversial Point Argucllo oil project otT the California coast, a project spokesman said. "We have one well open,
      Reuter  -  359 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      316 29 BSWEE HENG METAL CO PTE LTD 11. TUAS AVE SINGAPORE 22W. TELEX RS ***** SMMCPC. TEL: 861 5055 TtIEFA*: Ml 2W6 HHWfIW TO"** SdIUfUM. MALA*SIA Comartar (itAll-*NO, rtoorWAlA o> M< IPG hchs»m And «»t"n^■ Tm<*» W My M ll.>lW«'^> British oesign innovation german ouauty enqineerino Container Schedule 17 Daly Freights
      316 words
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      Page 30 Advertisements Column 1
      200 30 Shipowners, reduce your inmarsat traffic costs by up to 8 5% with MariNet is a message handling and data transmission system optimised for use over radio and satellite circuits. MariNet has been proven in practise to save up to 85% of all message traffic costs. MariNet, originally developed for the
      200 words
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      Page 31 Advertisements Column 1
      2279 31 JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt. Singapore 0208 \IIVF# r e i 22iaon telex no rs ***** HfITTIVI TERMINAL,CFS Tel *****18 220 P fnYn bookings tk *****34 258 VXt# J PESAKA JAROINE SNIPPING AGENCIES SON BHD rtDRT KELANG TEL: ***** IS TELEX NO. MA*****/MA***** PfNANG TEL *****4
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      Page 31 Advertisements Column 2
      1222 31 INDEX toadvertisers Page Col I'iißt' Col IAI I M ABC Containerline 12 1 M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nds Agencies 14 1/2 AFS 15 2 Macoline 18 3 Ahrenkiel Liner 16 4 Madju Sdn Bhd 15 1/2 Allied-Link 16 4/5 Maersk Line 3 4/5 Anglo Orient
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      Page 31 Advertisements Column 3
      2118 31 mawssassm TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETO WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/KODE 7 DAYS vmmi Voy ETA I ETO 'Port "Pefiang 1 DESTINATIONS Singapore KWang Thi* Mtk Marchan Maartk 8106 Faadw by cv 4/6 0600 MRS M Pinto HHH HBH CfS 3/6 2359 MRS
      2,118 words
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      Page 32 Advertisements Column 1
      1291 32 W M A HHH El |rottedam/| <". VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MONTE ROSA 13/321 1/6 18/6 20/6 23/6 24/6 ELBE 05/122 6/6 27/6 25/6 24/6 UUSdMgJ LEVERKUSEN EXPRESS 01/322 9'6 26/6 28/6 1/7 2/7 1. Mi.*KSTtOUNO P. LONDON EXPRESS 02/123 13/6 4/7 2/7 1/7 KtLANG
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      Page 32 Advertisements Column 2
      669 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 1/6 13/8 15/6 21/6 ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 1/8 4/7 5/7 8/7 9/7 10/7 Agents .•Iff. SINGAPORE: 221M11 yum
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      Page 32 Advertisements Column 3
      1376 32 IrvjiVßMe &ewtm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VM ALG) HAM) ROT) JAPAN SEA 112W 31/05 20/06 21/06 25/06 26/06 27/06 2S/06 29/06 30/06 NORASIA SINGA 9113-3 07/06 28/06 29/06 02/07 03/07 04/07 05/07 06/07 07/06
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      Page 33 Advertisements Column 1
      2249 33 dipping limes, Friday May 31 1991 Steamers Maritime Holdings Ltdj mVSTRAITS SHIPPING I Hk# *3 Slagaport t* BrvMi, Ettt Malaysia. I Containers mJm J vw I Voy No Pin/ rill S port All Sou Ant Rot Ht>| ACCCPTS OUf SJULS I I f*WPO«I BAT 0524 25/04 27/05 01/04 11/04 20/06
      2,249 words
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      Page 33 Advertisements Column 2
      1935 33 TO: U.S.A./PANAMA U.S.AJPANAMA I NYC NO* SAV Cat IGB OA* V I SP OA* IGB CM Foe SA NON NTC cHO VANG SUN NA 115 10/4 12/4 14/4 19/4 2t/« »/4 I AMfRICAN St NATO* CFI2I l/« 26/4 2»/« WJ U/J 14/7 14/7 ow ,o«OHAMA WA 1 16 17/4 l»/4
      1,935 words
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      Page 33 Advertisements Column 3
      418 33 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL ¥OY SP PK KUC KK KOU SHUN SID SU) *fT I COSMIC TRADER 18 KPT l/« WPM lo 1/5 3/1 I ASIAN CIfPER 132 l/< CHAMPION TRADER 17 2/t I ORANGE MOON 13 4/5 I AMBALMA "61 575
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      Page 34 Advertisements Column 1
      559 34 MHI CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOV VPORt 1 RDAJK ADAM H BURG BREMtN ANTWERP MA TAR AM 29N8 1 ffl* 22/7 27/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to Inducement Alto accepting cargo to Caeablanca, Port Said, Port Alexandria. Genoa, Trieste ALSO
      559 words
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      Page 34 Advertisements Column 2
      945 34 0" It ife HANJIN SHIPPING Spore |LEH RTM ANR HAM BRV FEL FE [££rT AUI ?7/fi HANJIN CHUNGMU 078W 31/5 19/6 20/6 21/6 21/6 22/6 23/6 |HANJH 013E 2/6 WRECT 24/« 27/8 HANJIN LONGBEACH 033W 5/6 23/6 24/6 25/6 25/6 26/6 27/6 TOHQiAt M2E 10/6 WRECT 1/7 4// HANJIN HONGKONG
      945 words
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      Page 34 Advertisements Column 3
      1332 34 «SS=l*i 3 I *i i *fllM Jtw !i||*riii J Im SGP WG KSG KLG PUS WT OSX NGY 9tf TYO LA) CHS BAI NYC LH* MM KM TW HBG rffl M m I E GMCf *£-031 5/1 l/l 11/« 12/1 14/1 17/1 li/l *1/1 Wi 23/1 24/ C 5/7 17/7
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      Page 35 Advertisements Column 1
      1240 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNE LINK TEL: *****00 f USA SERVICE *****16 TERMINAL OFFICE *****22 .jZr UWEUROPE SERVICE -*****19 DOCUMENTATION DEPT: *****44/*****14 AbL A AUyWNDWPAK SERVICE -*****18 CFS: K27 EXPORT: *****53/*****04 M FAR EASTSERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 NEPUNE SDN BHD MALAYSIA K
      1,240 words
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      Page 35 Advertisements Column 2
      458 35 > Inf. Multi-Modal Forwarder SEAFREIGHT BOOKNGS: 222 0717 A AFFREIGHT BOOKNGS: 545 4255 B G A FAX-. **********7958 T ImumMS CZECHOSLOVAKIA 3/6 I* BOMBAY 2/6 HUNGARY 3/6 KARACHI 2/6 ROMANIA 3/6 MADRAS 3/6 YUGOSLAVIA 3/6 CHITTAGONG 7/6 BULGARIA 3/6 M CALCU TTA 3/6 EUROPE \V M KAOHSIUNG 2/6 ANTWERP 3/6
      458 words
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      Page 35 Advertisements Column 3
      914 35 m 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 I ("ptSCHmGWC FROM EASTBOUMD LOADING FOR WESTBOUND TRAHSHPPED AT ROTTERDAM warn vot |sw |mu kg
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      Page 36 Advertisements Column 1
      1752 36 44 UP AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12******000 M) I w w TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD LAJ AAi JL/ JL MU TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,752 words
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      Page 36 Advertisements Column 2
      1175 36 Xfm PHIU OmCNT UN€5 PTC LTD 108 ROBINSON ROAO *0700 GMG BUILDING SINGAPORE 0106 X TEL: *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TO/CE OA/ THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 3 JUN MONTREAnn!S!nowSo^^^^^^ VANCOUVER, S'WESTERN ONTARIO 4 JUN DUBAI.
      1,175 words
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      Page 37 Advertisements Column 1
      1508 37 1 PACIFIC INTERNATIONAL LINES (PTE) LTD ~i~r» m Jifcf PIL Building, 140 Cecil Street #0300, Singapore 0106. [JAKARTA J [BANGKOK 2 a VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 05N 1/6 3/6 7/6 KOTA PANJANG 9116 3/6 7/6 11/6 BUNGA TERATAI 223 2/6 4/6 9/6
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      Page 37 Advertisements Column 2
      974 37 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Pans 168 1/6 21/6 22/6 23/6 Waterschouf 166 3/6 26/6
      974 words
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      Page 37 Advertisements Column 3
      513 37 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdf HP* AN VIS3W In Pt PAGAN VI7OVH »/10 Km ISRTHI BANKUNi (A Mrvlc* of Andrew Welr Shipping) \\r SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW) GUINEA I SPORE FOR
      513 words
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      Page 40 Advertisements Column 1
      680 40 Page 12 TO AUSTRALIA/NEW ZEALAND [Sm jfrtm IM«H> |S»d Uuck NPE If CHALM WtUSSEI :n JlTs 7/6 12/* 1V« ZO/t 22/t 24/ i C VIROL ME 272 15 6 21/6 2t'i JO/I 5/7 «/7 AMWtRPEN 273 2»~6 4/7 10/7 l«/ 7 20/7 2J/7 25/7 MARTHA II 274 s7«~ u7tT IS,»
      680 words
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      Page 40 Advertisements Column 2
      706 40 EXPORTS TO HONGKONG. TAIWAN i JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE r OtJTBOUND VOY PKL PNG IK T SIN HKG KAO KEE TYO SMZ NGO KOB VtSSEI VOY PKL PWC 1W SIN kri ,uy fig »i~6 30 5 4 6 S 6 11.6 14 6 15.6 15.6 16 6
      706 words
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      Page 40 Advertisements Column 3
      282 40 P T_ PER~ U SAHAAN PELAYARAN i W KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I VtisX ETA/ETD KSTDUTION I mGA XXI Voy 12/91 5/1 Jun lakarta/Patowbanf I NUGA XXI Voy 13/91 7/1 k« Jakarta Pa*on«ant I NUGA 42 Voy 9/91 11/12 Jun latarta taJomtiart I NUGA XXI Voy 14/91
      282 words
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      Page 40 Advertisements Column 4
      1315 40 a is is ft W* CHINA OMAN SHIPPING COMPANY COSCir FUL L CONTAINER LINER SERVICE mEX: RS 2«»coshipl 2. MISTRI ROAD, HMC BUILDING rAB [E^OST ARUNE I #15 00, SINGAPORE 0207 CABLE, v CR NO **********0 M I General Agent,: COCTAR WBPPWOPTCLTO I TO HONOKONO AND CHIN* j j l»
      1,315 words
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      Page 41 Advertisements Column 1
      840 41 UKC CONVENTIONAL IMVICT Vessel PKL PNG P.G. Loading for A VESSEL 28,05 Rotterdam Antwerp CHINA ruu CONTAINER RERVICE Vessel SGP PKL BKK HKG QIN SHA YANGFANGKOU 151 02/6 03,6 OA'S 12,6 16/6 YANGFANGKOU 153 02/7 03(7 07/7 12/7 16/7 aim accepting other chines* ports >ia HKG AUITHAUA FUU CONTAINER SERVICE
      840 words
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      Page 41 Advertisements Column 2
      345 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) irsr\ ETHIOPIAN SHIPPING LINES Y~ 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL [VOY ETA LOADING FOR SPORE ABBAY WON? Tswe 08 06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21WB 28/07
      345 words
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      Page 41 Advertisements Column 3
      628 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD I ETA ETA EIA SPORE PORT KELANG PENANG BLUE JAM 18 6 Loading lor Male RUVAI HUOHU 15/6 Loading lor Calcutta (XX PUN In Port Loading For Male PIONEER SUPREME 15/6 Loading For Male DONAKULHI 10,6 Loaded For Feliwaru PROGRESS LIBERTY 12/6
      628 words
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      Page 41 Advertisements Column 4
      874 41 I SYDNEY/MELBOURNE BANGKOK ||ytssti IvoY rfow sto no. |*m ww wtmm mmm (fpUNETA 0649 05-t/t 11-20/t 22 24/t NANTA BHUM 43* Sun 2/t Wtd 5/t ||PtYA BHUM 0905 20-21/t 03-5/7 07-1/7 Of)* BHUM#* 13l» Mon 3/t t/t In ANITA 1050 5-4/7 11 20/7 22 24/7 CHAIYA BHUM# 12N Mon 3/t
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      Page 42 Advertisements Column 1
      1220 42 MAC-NELS SINGAPORE!! "PMT TEL: *****22 import TEL *****02 PENANG TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL: (089) *****9 ■■■J P. KELANG TEL: (03 *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) 2 4682 fv A—— j BAHRU TEL (07) *****2 SIBU TEL: (084) *****2 PADANG TEL: (751) *****
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      Page 42 Advertisements Column 2
      343 42 ffgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI PHI I Y CONTAINERISED MONTHLY SAILINGS AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON INVERCARGIL, FIJI AND TAHITI SIM N. PIY AUCK trr PREMIER 12S lun U fan VU NPI 13
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      Page 42 Advertisements Column 3
      1121 42 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 CONVENTIONAL/CONTAINER SERVICES *****58 (BOOKING LINEB) SINGAPORE TO WEST MALAYSIA 1 SINGAPORE TO SABAH vessel Not In* otsi vessel 1 vot eta
      1,121 words
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      Page 43 Advertisements Column 1
      767 43 Wfewv COMPANIA PERUANA NCSJL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, MATARANI. ILO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penanf* P Kelanj Snjapoce E Mjia SHAPIAEVERETT 01/10 Jim 11/13 Jun 18/20 Jul KAMALEVERETT 27/28 Jun THOMAStVERETT 08 09 Jul
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      Page 43 Advertisements Column 2
      511 43 VSt IvQT IS PORE [MAIWLINtR [LAX lust |SAV |NYC HH 2M SYOKY 1241 2/6 ZIM BERIA 27 6 6/7 9/7 11/7 13/7 ZIM MELBOURNE 212E 13/6 ZIM PUSAN 14/7 23/7 26/7 28/7 30/7 2IM P«ttUS 12M 26/6 JM CALIEOBNIA 23/7 1/8 4/8 f/l 1/1 ZIM KOPER 15E 27/6 ZIM SAVANNAH
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      Page 43 Advertisements Column 3
      744 43 LINER SHIPPING PTE LTD 10, Anson Road, #17-06 Internationa] Plaza, Singapore 0207 Tel: *****33 (10 linos) \1 Telex: RS ***** LSSHIP Fax: *****13 IUU jfJM L- FAR EAST HONG KONG T 3/6 10/6 JAKARTA Fl/6 8/6 KEELUMG 9/6 12/6 MANILA 1/6 8/6 KAOHSIUNG 2/6 9/6 f>. KELANG 7/6 14/6 BUSAN
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      Page 43 Advertisements Column 4
      580 43 PERINTIS LINE I I 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 05/91 30/05 02/06 JATIDIRI 934 01/06 04/06 MELITA 07/91 03/06 06/06 JATIDIRI 935 08/06 11/06 MELITA 09/91 10/06 13/06 TANTO UTAMA 167 01/06 04/06 TANTO UTAMA 169 08/06 11/06 TANTO UTAMA
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      Page 43 Advertisements Column 5
      397 43 SIN FAR EAST 2/6 KEELUNG/KAOHSIUNG 2/6 BANGKOK 1/6 MANILA/CEBU 1/6 JAKARTA/BELAWAN/SURABAYA 1/6 PORT KELANG/PENANG/E. Malaysia 2/6 BUSAN 2/6 TOKYO/YOKO/KOBE/NGO/OSA 2/6 HONG KONG SIN CHINA 2/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 3/6 LDN/FLX/LVP/SOU 3/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 6/6 LOS
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      Page 44 Advertisements Column 1
      792 44 a Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) P T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4090 31 MAY 02 lUN TAKARI I 1708 03 JUN 05 JUN TAKARI IV 4092 06 JUN 08 JUN TAKARI I 1710 10 JUN 12 JUN TAKARI
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      Page 44 Advertisements Column 2
      208 44 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN, SHARJAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG. JAKARTA. BANGKOK, HONG KONG. TAIWAN. JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE, LEEDS. TILBURY, ABERDEEN. LE HARVE. HAMBURG ROTTERDAM ANTWEP, GOTHENBURG. COPENHAGEN ALL
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      Page 44 Advertisements Column 3
      680 44 SFTH SHIPPING CORP. SDN BHD PT KUNfi TEL: 03 *****06 |6 liMtl FAX *****11 V PENAHG TEL 04 *****4 SHAH TEL 019 2)461? s Ciry SIBU TEI 014 *****2 TA*AU TEL 089 77M79 I KK TEI OM *****0 KUCM TEL 0«2 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FHPtH VP" WN"
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      Page 44 Advertisements Column 4
      967 44 CLUi r.onwnv inTEßmnnn(\ LCL/FCL SERVICE FROM fX [m] [S W CUJI opiates over 600 t«rmln»l»/offic©» In U.S. A I IJH m CUJI maintain* over 35,000 tractor* trucks. IHi UmL M CUJI **rv«* ov#r 60,000 point* In U.S.A. [BUM rsOll mmk m CUJI offer ratable LCUFCL services. General Agents: Vl,. 7-ZMA/KTr/A/AT
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      Page 45 Advertisements Column 1
      606 45 MORE FREQUENT FLIGHTS WORLDWIDE I NEW ZEALAND/FUI IfESSEL JkT M« <T«n Ukk Sn Sbaya MM Fiji(A) >NPt,inouth<A) Timani LyttHtoo(B) Ounedin(B) Napier KeingtonfC) Tma N Rotterdam 9113 8/6 10 6 10/6 10/6 12/6 15/6 28/6 10'7 30 6 2/7 3/7 J 3 g 5 g N Rochester/91 IS 29 6 T/7
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      338 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 *****800 1900 2000 2100 2200 2300 )R 3.1 3.0 2.7 2.2 1.6 1.1 0.7 0.5 05 06 1.1 16 20 2.3 2.3 2.2 18
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      Page 46 Advertisements Column 1
      813 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER vor )HH PKE SIN LINE HAUL VOY LBH OAK SEA LM MM. VQY TCM St* PTL *AN HAI 203 014 02/06 03/06 05/06 H. EXPLORER ME 01/07 04/07 07/07 BAY
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      Page 46 Advertisements Column 2
      76 46 u J orricts P* MACOLINE :s.r 238. PORT KELANC 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VFSSfL SIN PG SIN PIM Bunga Setawar PMOIB 1/6 1/6 2/6 4/6 Bunga Setawat PMOI9 8/6 8/6 9'6 10/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS B SEIAWAR 6/6 PAIEMBANG SUSANNA 2/6 PONTIANAK BRITT ANN 3/6
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      Page 46 Advertisements Column 3
      554 46 CHARTPOINT Every Saturday in Business Times —7— -ll*. -Mi THE NATIONAL SHIPPING CO«*PANY Of SMIQI ARABIA VESSEL VOY NO SING JEOOAH DUBAI DAMMAM (JEBEL ALI) SAUDI QASSIM FEA 019 01/06 13/06 21/06 23/06 Singapore Malaysia: SEGANI SDN BHD Agents m KIM SHIPPING TRADING PTE LTD SUBANG JAVA Tel: *****25 TU:
      554 words