The Business Times, 26 June 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Wednesday, June 26, 1991 75«
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  • NEWS SUMMARY
    • 46 1 NEW YORK The biggest gain in US durable goods orders since the spring of 1990 suggests that the manufacturing sector has not only bottomed out but has started to creep onto the road to recovery, economists said.
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    • 41 1 PATTAYA Former Cambodian monarch Prince Norodom Sihanouk said yesterday he would soon travel to Phnom Penh and establish what he called a "super government" over the present Administration and the guerilla coalition fighting it.
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    • 20 1 APPLE Computers is slowing down production and shedding some of its temporary workforce in Singapore Page 2
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    • 30 1 ASIAN buyers are pursuing four major buildings worth about NZ$l5O million (Sis 3 million) put up for sale by AMP, Australasia's largest institutional investor Page 8
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    • 31 1 FOREIGN companies have greatly stepped up their takeovers and joint ventures within the European Community to prepare for the EC's single market in 1993 Page 10
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    • 34 1 BRITAIN'S trade slipped deeper into the red in May in spite of its recession, a bad omen for getting the trade gap down after a promised recovery begins Page 10
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    • 30 1 THE Japanese investment boom in the US is waning, and with it a lifeline of capital that could help boost the US out ot recession Page 11
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    • 21 1 IN SPITE OF some objections, it looks increasingly likely that membership in the EC will grow Page 12
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    • 28 1 IN a time of political tumult and economic stress, more preachers appear to be tackling "the spiritual depravity" of New York City Page 19
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    • 30 1 SEVIBAWANG Maritime Ltd will continue to forge ahead in offshore contracting when it signs two more contracts within the next few weeks. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 38 1 STOCK PRICES on Wall j I Street moved higher at the opening but then turned mixed in early trading yesterday. The Dow Jones average of 30 inj dustrials fell 0.89 point after j j one hour.
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    • 41 1 LONDON share prices were j slightly higher at midday yesterday, supported by strong interest in the stock index fu- tures market. By 1100 GMT, the FTSE 100-Share Index was up four points, or 0.2 per cent, i at 2,462.3.
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    • 36 1 SINGAPORE AIRLINES will continue to diversify its route I network and see that each country or route accounts for j no more than 15 per cent of j total revenue Page 2
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    • 30 1 CSA HOLDINGS LTD is a solid company and its public j share offer is well worth i looking into, according to Hock Lock Siew Page 3
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    • 27 1 BHP is likely to show a 10 to 16 per cent jump in net profit j for the year to May. Page 4
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    • 24 1 THE WORLD'S largest bank. Dai-lchi Kangyo Bank Ltd, will open a merchant banking subsidiary in Singapore on Friday Page 7 j
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    • Article, Illustration
      30 1 Tuesday Change BT-MGA 719.18 -4.40 Kuala Lumpur ....623.07 -1.84 Tokyo 23.907.42 +141.96 Hongkong 3.604.26 34.72 Sydnev ...1.499.8 -3.4 Monday Change New York 2.913 01 -52.55 London 2.458.3 -29.2
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    • 24 1 Exchange rates I SS 1.7660 100 Yen SS 1.2742 MS SS 0.6343 Money market rates Overnight 5 1/4% unch 3-month 5 7/8% -1/16
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    • 40 1 London Gold i am fix USS363.25 -US$1.93 Rubber S pore July 148.25-Vkg M'sia July 233.50*/kg -0.50 KL Tin Turnover 51 tonnes -•-13 I Spot M$ 15.41/kg +0.01 Crude palm oil j Turnover 1898 lots 1.228 July MS782 /tonne +8
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  • 507 1  -  Proposal for gradual integration of economies ready by January: PM From Shoeb Kagda in BANGKOK A CONCRETE proposal for greater economic cooperation among Asean member countries will be ready by the time the Asean heads of state meet in Singapore in January. said Prime
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  • 498 1  -  By Chew Eng Han DIFFERING FORMS used by insurance firms for workmen's compensation policies could mean that some employees are excluded from the insurance protection required by law. Mr Wee Jim Hock, the convenor for the motor and workmen's committee of the
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  • 243 1  -  By S N Vasuki A LATE-AFTERNOON recovery in Tokyo helped trim the 14-point loss that the Straits Times Industrials Index suffered in the first hour of trading yesterday. Market sentiment in Singapore was dictated by the previous day's 52-point decline in New York's I)ow Jones
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  • 401 1  -  From Catherine Ong in HONGKONG SINGAPORE and Hongkong are likely to remain the twin regional headquarters in Asia for multinational corporations despite a number of disincentives that have surfaced of late, said a special report by The Nippon Credit Bank.
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  • 113 1 Bernama KUALA LUMPUR The Malaysian Parliament yesterday adopted the Second Outline Perspective Plan (OPP2>. the country's new economic blueprint for the next 10 years, aftei six days of sometimes stormy debate. The National Front and the opposition Parti Bersatu Sabah MPs voted unanimously in
    Bernama  -  113 words
  • 339 1  -  By Diana Oon ALL SECTORS of the insurance industry did well last year and prospects remain good, particularly for life insurance and offshore business. But domestic general insurance business could slow down somewhat because of slower economic growth, the Insurance Commissioner said in
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  • Page 1 Advertisements
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    • 8 1 Special report on JTC's Thai venture, Pg 13
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    • 4 1 More reports, Pg 7
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  • HOME NEWS
    • NEWS ROUNDUP
      • 108 2 SIMEX appointed tour new directors at its annual general meeting yesterday. They are Ho Tian Yee, managing director of BT Futures; Victor Liew, director of OUB Bullion Futures; Tan Hup Thye, managing director of Refco; and Francis Yeo. director of UOB Bullion Futures. The other memebers
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      • 66 2 SINGAPORE is donating rice, sugar and flour and medical supplies to help victims of the monsoon storms which hit the Maldives in late May. It was responding to an appeal by the Government of the Maldives. The Maldives suffered severe damage to housing and infrastructure, including
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      • 40 2 A SHOWCASE of the latest in computer hardware and software, the PC Show, will go on display at the World Trade Centre from June 27 to 30. The show will feature software for accounting, education and hotel management.
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      • 71 2 DR TAY ENG SOON, the Minister-in-charge and chairman of the Vocational Industrial and Training Board, will lead a team of board members today on a visit to organisations with computer operations and information technology facilities. This is the second VITB visit in a series planned
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      • 49 2 THE Institute of Public Relations Of Singapore (IPRS) has appointed a new 12-member council. At the helm is Yap Boh Tiong of Inchcape Berhad, re-elected for the seventh term. Lena Ng of Huntington Communications is the vice-presi-dent. Established in 1970, the IPRS has 450 members.
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    • 340 2  -  By Michelle Low APPLE Computers, whose local plant is solely responsible for the company's production of the popular low-cost Mackintosh Classic, is slowing down production and shedding some of its temporary workforce here. Production of the Classic line has fallen from last quarter.
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    • 193 2 DBS Bank will raise its prime rate by half a point to 7.5 per cent tomorrow. This makes DBS the second bank after UOB to raise its prime rate. DBS will also raise its savings and fixed deposit rates by between 0.25 and 0.5
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    • 261 2 LISTED GP Batteries International (GPBI) has teamed up with Japan-based Toshiba Battery to form a 50-50 joint venture company, T G Batteries, which will produce and distribute high-end batteries in China. T G Batteries hopes to rope in a Chinese party
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    • 275 2  -  From Shoeb Kagda in BANGKOK PRIME MINISTER Goh Chok Tong will be limiting his foreign visits over the next two years so as to concentrate on domestic issues. Speaking to Singapore reporters at a press conference at the end of
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    • 316 2  -  By Carolyn Lim WHILE most of Australia's food industry is undergoing rationalisation there are still some companies making forays into the growing markets of South-east Asia. One such Australian company that has discovered the region is Uncle Tobys, a major maker of what it
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  • Page 2 Advertisements
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    • 32 2 7 C »»»> V jP* V Jj^^K V Bk'd& v^/tfe I CJ/s/ l CiX £/ts?a/w& a/ (°(iecmg bailors (Established 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, Westin Plaza, Raffles City. Tel: *****19
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 381 3  -  By Rahita Elias MARINE-BASED group Hai Sun Hup is looking at the leisure business to further diversify its activities in the non-shipping field. Company secretary Crispin Cheng told BT that the company is now studying a multi-million dollar project in the land-based leisure
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    • 241 3  -  By Hong Lee Tiam RETAILER Isetan (Singapore) Ltd recorded a group after-tax profit of $10.14 million for the financial year ending March 1991. Group turnover for the period was $215.35 million. A comparison with previ-ous-year figures was not pos- sibie as Isetan has
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    • 985 3  - CSA a company all set to scale greater heights THE HOCK LOCK SIEW COLUMN Stock likely to open at 50pc premium to offer price By Mano Sabnani CSA HOLDINGS LTD is a solid company and it is well worth looking into its public share otler. The group has come a
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    • 439 3  -  Carrier will not be overly dependent on one market or route By Dexter Lee SINGAPORE AIRLINES will continue to diversify its route network and see that each country or route accounts for no more than 15 per cent of total revenue. This will ensure that
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    • 412 3  -  By Lee Han Shih DESPITE an increase of nearly 1,000 staff in the year, Singapore Airlines managed to save Sioo million in staff costs in 1990/91 by sharply cutting back on bonuses. This was disclosed in the national carrier's annual report released yesterday
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    • COMPANY BRIEFS
      • 89 3 PT GADJAH TUNGGAL DBS Securities, an Indonesian joint venture company in which DBS Securities Holding Pte Ltd has a 35 per cent stake, has commenced operations. The other shareholders in the company are Bank Dagang Nasional Indonesia with a 25 per cent stake. Tat Lee
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      • 40 3 FAR EAST Levingston Shipbuilding has completed its acquisition of a 42 per cent stake in Contech Holdings, following approval from the Stock Exchange of Singapore for the listing and quotation of 1.08 million FELS shares.
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      • 63 3 IMC HOLDINGS Ltd has reported an after-tax profit of HK5197.83 million for the year ended March 31 this year, against profit of 5378.95 million previously. Turnover was HK5323.52 million (HK5330.37 million). Earnings per share stood at 56 Hongkong cents. A final dividend of 12 cents per
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      • 70 3 GOODWOOD PARK Hotel Ltd's substantial shareholder Century Holdings has acquired 359.010 shares in the group for $5.74 million, raising its holding to 10.43 per cent, from 9.63 per cent. Central Properties Ltd's deemed interest has been raised by the acquisition from 23.18 per cent to 23.97
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      • 49 3 OVERSEA-CHINESE Banking Corporation has raised its deemed interest in Asia Pacific Breweries to 4.7 per cent from 4.6 per cent, due to a purchase of 127.666 shares by Great Eastern Life Assurance Co Ltd. OCBC's direct stake in APB remains at 3.1 per cent.
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      • 34 3 KEPPEL CORPORATION has received $1.72 million from the conversion of 847,000 Keppel Investment warrants into Straits Steamship Land shares. This has brought down its holding in SSL to 220.86 million shares.
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  • Page 3 Advertisements
    • 116 3 '♦r It's ANA Hotel Singapore for me from now on. A W ANA HOTEL SINGAPORE 1,. II I! v. ]>■; V i r, 11. I K. n. I', I 1.. .1 V>- m.n-1 l>l. \IIM\ .MM II L "Quiet CORNERS. Our newly renovated lobby boasts numerous intimate alcoves. In fact,
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  • REGIONAL COMPANY NEWS
    • 572 4 Reuter SYDNEY Australia's biggest company, The Broken Hill Pty Co Ltd, will report on Friday a 10 to 16 per cent jump in net profit for the year to May, analysts said. They said higher petroleum division earnings would more than offset
      Reuter  -  572 words
    • 216 4 Reuter HONGKONG Shares of Jardine Matheson Holdings Ltd and its three subsidiaries began trading on Monday on the over-the-counter market in the US through sponsored American Depositary Receipt (ADR) programmes, the companies said in a statement. The three subsidiaries are Hongkong Land Holdings
      Reuter  -  216 words
    • 296 4 JAKARTA Singapore investors, along with those in Hongkong, have played a key role in the success of Indonesia's big Lippo Land Development float on the Jakarta stock exchange. South China Morning Post said on Monday that the issue closed at the
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    • 425 4 JAKARTA About 100 small-scale clove-blended cigarette manufacturing companies may go bankrupt due to sharp increases in clove prices, according to an article in The Jakarta Post which appeared late last week. Soegiharto Prayogo. chairman of The Association of Indonesian Cigarette Manufacturers (Gappri) said that
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    • 206 4 Reuter ADELAIDE S A Brewing Industries Ltd said it is planning an issue of convertible Eurobonds to raise between US$75 million (*****.7 million) and $100 million. Managing director Ross Wilson said the issue would fund the $90 million acquisition of US water heater
      Reuter  -  206 words
    • COMPANY BRIEFS
      • 82 4 WELLINGTON GPG pic, a cashed-up investor which is 40 per cent-owned by Brierley Investments Ltd (BIL) and run by BIL founder president Sir Ron Brierley, will be listed on the New Zealand Stock Exchange tomorrow, a BIL spokesman said yesterday. BIL agreed
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      • 65 4 BANGKOK Thai Polyethylene Co, a subsidiary of Siam Cement Group, has to rely on export markets for its linear low-density polyethylene (LLDPE) because domestic sales of the plastic pellet are still insignificant, said The Nation. The company started LLDPE production early this year at its
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      • 96 4 MANILA Most operations at a San Miguel Corp complex north of Manila, which was forced to close by ashtall from the erupting Mount Pinatubo volcano, are back to near-normal levels. The complex at San Fernando. Pampanga province, houses a beer brewery, and poultry and shrimp processing
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      • 62 4 ADELAIDE Cement producer Adelaide Brighton Cement Holdings Ltd expects net profit before abnormals to fall to about As 3 million (554.05 million) for the six months to June 30, making a full-year profit of about AS 14.0 million. Net profit after abnormals in the 1989/90
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      • 75 4 TOKYO Sankyo Co Ltd expects group net profit of 23.0 billion yen (***** million) in the year ending March 31, 1992, up from net profit of 21.74 billion yen the previous year. The drug manufacturer on Monday forecast group current profit of 53.0 billion yen
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  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 85 6 ATLANTIC CITY Hilton Hotels Corp has in excess of USssl billion (551.77 billion) of funding available and low debt levels, the firm said in testimony before the New Jersey Casino Control Commission. Maurice Scanlon, Hilton Hotels chief financial officer, was testifying at a hearing
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      • 100 6 MILAN Carlo De Benedetti said his main industrial holding, Cie Industriali Riunite SpA, was in good financial shape with a net cash surplus of 320 billion lire (Ss42 million) at the end of May. Nevertheless, the industrialist told a briefing for analysts and journalists that
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      • 78 6 LONDON Glaxo Holdings pic said it has no plans at the moment to distribute its £1 billion-plus (552.88 billion) cash pile to shareholders. "We have no such plans at the present time," a Glaxo spokesman said in response to a telephone enquiry. An article
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      • 44 6 MADRID British Petroleum Co pic bought 24.9 per cent of Petroleos del Mediterraneo SA (Petromed) from La Corporacion Banesto SA for 8,258 pesetas per share, in the first phase of an accord announced on June 4, broking sources said.
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    • 290 6 Reuter NEW YORK About 30 dissident bond-holders of Trump Castle said on Monday after a meeting with steering committee members that they may try to force the Castle into bankruptcy if no better debt restructuring deal is offered. "We didn't come up with
      Reuter  -  290 words
    • 292 6 Reuter PARIS French hypermarket group Carrefour said on Monday that it would buy competitor Euromarche for up to five billion francs (S$ 1.4 billion), catapulting it into the top spot among French store groups. With Euromarche's 77 hypermarkets and 55 restaurants, Carrefour will have an
      Reuter  -  292 words
    • 273 6 FT NEW YORK International Business Machines has formed a strategic software alliance with Lotus Development. one of the leading publishers of personal computer software, under which IBM will market Lotus programs for electronic mail and local area network application. The partnership "is one
      FT  -  273 words
    • 250 6 Reuter PITTSBURGH Westinghouse Electric Corp is likely to take another substantial charge to account for further problems at its credit company, following the US$975 million (SSI.7 billion) charge it took to restructure the unit in the fourth quarter last year. "There's no question there's
      Reuter  -  250 words
    • 294 6 Reuter LOS ANGELES Unocal Corp's announcement that it expects lower second quarter earnings highlights the rough competition faced by US West Coast refiners as they struggle to hold on to market share amid unusually soft summer petrol demand, say industry experts. After
      Reuter  -  294 words
  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 391 7  -  Annual Report of the Insurance Commissioner By Diana Oon SINGAPORE The general insurance business in Singapore grew at a 14.3 per cent rate last year, its biggest jump since 1982. Helped by the steady expansion of the domestic business and the growing offshore business, the industry
      391 words
    • 151 7 HONGKONG Commercial Bank of Korea, one of the oldest Korean financial institutions, launched its maiden floating rate note issue on Monday. Hongkong-based Wespac Finance Asia, which is jointly lead-managing the loan with Fuji International Finance, said in a statement yesterday that the three-year US$5O
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    • 211 7 SINGAPORE The life insurance industry in Singapore is expected to continue to post steady growth, though not at the spectacular annualised rate of 40 per cent achieved from 1985 to 1989 in terms of premiums paid. Last year, annual premiums grew by 25.5 per cent
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    • 197 7 SINGAPORE The Monetary Authority of Singapore (MAS) received and referred a total of 78 complaints from the public last year. Of this, there were 65 complaints against the general insurance sector, an increase of five cases over the year before. Motor insurance complaints outnumbered
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    • 248 7 SINGAPORE The Big Four banks in the Republic have once again been included in the "Euromoney Five Hundred", an annual ranking of the world's biggest banks conducted by Euromoney magazine. The banks have been ranked by shareholder's funds, "the measure Euromoney rates
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    • 172 7 THE world's largest bank, j Dai-Ichi Kangyo Bank Ltd (DKB), will open a merchant banking subsidiary in Singapore on Friday. DKB Merchant Bank will deal mainly in corporate finance, securities underwriting and syndicated loans, and may handle international issues including swaps after a
      172 words
    • SMALL CHANGE
      • 47 7 TOKYO Japanese Financc Minister Ryutaro Hashimoto said yesterday his ministry would take strict measures to rectify what he called the unfair conditions prevailing in the Japanese stock market. Mr Hashimoto said his ministry would take "strict measures against any act that betrays individual investors."
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      • 46 7 VIENNA Central banks should make more active use of their gold reserves by setting aside some of them into a mutual trust fund from which they could withdraw currency in return, an official of the Bank for International Settlements said.
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      • 40 7 WELLINGTON Westpac Banking Corp's New Zealand division said it raised its after-tax profit to NZ544.3 million (SS4S million) in the six months to March 31 from NZ524.3 million in the year to Sept 30, 1990.
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      • 2 7 Dollar$ Non$en$e
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  • Page 7 Advertisements
    • 398 7 MHPI A |i -1 The marvellous growth of Korean Economy is attributed to many reasons. Many specialists in I f\ 1 1 I|l f foreign countries point to such key factors of success as "Korean Confucian spirit", "Korean peoples' M 1 1 L- Vyl. diligency", "Strong desire for higher education",
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    • 14 7 Now 7times a week. Nonstop to Frankfurt, Europe, the World. Lufthansa Reservations: 737 9222
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  • THE REGION
    • 282 8  -  Part of rising trend of interest in Australasian property By Selwyn Parker, Salil Tripathi AUCKLAND As part of a growing trend of interest in Australasian properties, Asian buyers are pursuing four major buildings worth about NZSISO million ($153 million) put up for sale by AMP,
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    • 207 8 BANGKOK The Thai petroleum exploration industry is expected to surge in the next three years with a new batch of 15 foreign concessionaires investing at least US$l5O million (***** million) in the search for oil both onshore and offshore. The proposed exploration work
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    • 389 8 MBT KUALA LUMPUR Since the beginning of the year, 81 of the 155 industrial estates in the country have been fully utilised. Selangor tops the list with 21 of its 22 industrial estates fully taken up. Perak comes next with 12 out of
      MBT  -  389 words
    • NOTE BOOK
      • 74 8 KUALA LUMPUR Malaysia has been ranked the 12th largest exporter to Japan. According to Japanese government statistics. Japan imports a total of US$5.4 billion (559.6 billion) worth of goods from Malaysia, accounting for 2.3 per cent of total imports. Hiroshi Ozawa, the Japan External
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      • 62 8 KUALA LUMPUR Czechoslovak enterprises are keen to seek business ventures dealing in heavy machinery and trucks with Malaysian companies. The Czech charge d'affaires here, Jaromir Deyl, said on Monday that his country would make the Malaysian International Fair, beginning today, a platform to promote its machinery
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      • 66 8 BANGKOK Thailand is interested in forming a joint venture with Vietnam and the Soviet Union to develop a major oil field in Vietnamese waters. Thai Deputy Industry Minister Vira Su-sangkarakarn said he might have to visit Moscow to convince the Soviets of the Thai plan
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      • 42 8 YANGON France is cancelling all debts incured by Myanmar before December 1988. a sum totalling about 500 million French francs (SSI4B million). The decision was conveyed on Monday to Myanmar's Trade and Finance Minister b\ the French ambassador.
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  • Page 8 Advertisements
    • 390 8 CHARLES STURT UNIVERSITY RIVERINA, AUSTRALIA sth Intake Commencing July, 1001 Charles Sturt University Riverina, one of the leading institutions of higher learning funded by the government in Australia, specialises in distunce education. The degrees are fully accredited and recognised internationally. l~^ e B. Bus (Admin) programme is specially designed for
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  • Page 9 Advertisements
    • 124 9 Below: The concept behind most modern buildings. i Above and below: The concept behind The Concourse. f ■wjgkv I ji I M ?< ~y 4 t■* The way that the architect, Paul Rudolph, sees it, the only things have to shoe-boxes are shoes. Or, at a pinch, gerbils. Certainly not
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  • THE WORLD 1
    • 420 10 Companies preparing for Community's single market in '93 AFP BRUSSELS Foreign companies have greatly stepped up their takeovers and joint ventures within the European Community to prepare for the EC's single market in 1993, according to a report released on Monday. The European Commission said
      AFP  -  420 words
    • 380 10 Reuter SALZBURG, Austria The European Free Trade Association (Efta) has accused the European Community of back-tracking on a political accord struck last week for a giant single market. Chief negotiators for the seven Efta countries decided on Monday to urge their ministers to
      Reuter  -  380 words
    • 454 10 Reuter LONDON Britain's trade slipped deeper into the red in May despite its economic recession, a bad omen for getting the trade gap down after a promised recovery begins. Rising imports exceeded improved exports to give a current account balance of payments
      Reuter  -  454 words
    • WORLD WATCH
      • 91 10 BEIJING China has discovered and started to tap the biggest natural gas field ever found in the country, with reserves totalling up to 470 billion cubic metres. Wells drilled in the first half of the year showed "encouraging results", with an average daily
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      • 69 10 BEIJING Contracts totalling USS2.6B billion (554.77 billion) were signed at a Chinese trade fair for the Soviet Union and Eastern Europe that ended on Monday. State television said export contracts came to US$2 billion and agreements on joint projects totalled US$6BO million. The 10-dav fair
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      • 80 10 LUXEMBOURG Finance ministers from the 12 European Community states on Monday reached a compromise agreement on basic EC-wide indirect tax rates. Officials said the ministers had agreed that the 12 countries would apply a main value-added tax rate of 15 per cent from the start of
        80 words
      • 97 10 BONN Germany will have to find at least 300 billion Deutschemarks (*****.5 billion) to pay for debt and credit needs, inherited from the now defunct communist state of East Germany. Christian Neuling. chairman of the Parliament's Lower House budget sub-committee in charge of the Treuhand agency,
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    • 486 11 Tokyo's investors seeking better deals elsewhere AP TOKYO Japanese buyouts of Columbia Pictures, Rockefeller Centre and other major US concerns left many Americans afraid that the buying would never stop. Now they might start worrying that it will. The Japanese investment boom
      AP  -  486 words
    • 212 11 Reuter TOKYO Japan's exports to China are booming and investment rising as the effect of Beijing's blood) military crackdown on student protesters in 1989 fades. China's Foreign Minister Qian Qichen arrived in Tokyo yesterday for a four-day official stay. A visit to
      Reuter  -  212 words
    • 354 11 AFP LONDON An initiative aimed at increasing local companies' share of the bil-lion-dollar market in supplying components to Japanese el ec t ron ics m a n u fact u re rs based in Britain was launched on Monday by the British Secretary
      AFP  -  354 words
  • Page 10 Advertisements
    • 114 10 We're Committed To Giving You Faster Cargo Service To More Of America. With a growing network of 1 1 cargo drop centres and 4 on-line depots across the U.S. and Canada, Korean Air covers more of North America than any other Asian airline. Your cargo is processed faster courtesy of
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  • Page 11 Advertisements
    • 477 11 x 4 I X s~ 4 x%% PLAN THE PERFECT WEDDING BY THE SINGAPORE RIVER i The scene is sel for your most dramatic moment. I I-fc* lli Take your place amidst the magnificent Tudor-styled architecture, surrounded by the grandeur of historical landmarks. You're about to have the time of
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  • 496 12 EDITORIAL THE best news to come out of the weekend's Group of Seven meeting in London was the upbeat consensus on world economic growth. As befitted finance ministers and central bank heads, the optimism was tempered with caution. The wariness is warranted. Global economic recovery may well
    496 words
  • WHAT THE OTHERS SAY
    • 265 12 IN USING the term "civic society" rather than the more usual "civil society" to describe the social institutions that lie between the state and the family, Brigadier-General (Res) George Yeo simultaneously broadened the concept and wove a couple of cautionary notes into it. His purpose was
      265 words
    • 156 12 THE response of many former Nanyang University's graduates to the suggestion that Nantah Alumni Rolls be transferred from National University of Singapore to Nanyang Technological University has proved that the passage of time and changed circumstances have not changed the sentiments that thousands of Nantah graduates have
      156 words
    • 89 12 AS PRIVATISATION spreads. Singaporeans will have more stakes in the country. But the 20-80 per cent syndrome tends to rule, that is, only 20 per cent of Singaporeans have the means to own stocks and shares. For the majority, even with the use of CPF savings for buying shares,
      89 words
  • REGIONAL VIEWPOINTS
    • 191 12 CHINA raised objections to Hongkong's Bill of Rights only hours after its passage through the Legislative Council, saying it would be considered for repeal immediately after Beijing assumes sovereignty in 1997. The Basic Law already guarantees all the fundamental freedoms that Hongkongers will need, goes the argument,
      191 words
    • 149 12 f RANSI.A'I lON is pivotal to the transference of knowledge and technology and Malaysia cannot afford to have knowledge not reaching its students fast enough, local translators should concentrate on translating highly specialised and international class material. Education Minister Datuk Dr Sulaiman Daud has said. There is
      149 words
    • 154 12 AUSTRALIA maintains a commendable policy of forging strong political and trade relations with its Asian neighbours and encouraging Asian investment at home. It is therefore disappointing to read frequent reports of deprivation and discrimination against Australia's indigenous population. The recent Royal Commission made 339 recommendations aimed
      154 words
  • 878 12  -  Despite some objections, it looks increasingly likely that membership in the European Community will grow. Joseph Fitchett reports Joseph Fitchett IHT EVF.N as the European Community threshes out internal changes, the leaders increasingly view another far-reaching step as almost inevitable: expansion of the 12-mem-ber
    IHT  -  878 words
  • Page 12 Advertisements
    • 76 12 WELL] WHY DIDNT SOMEONE They are imaginative and original. This is haute cuisine unlike any other to be found in Singapore. SINGAPORE'S 100 BEST RESTAURANTS7TATLER A T atler was no exception hveiyone who T rulilcs. raves: About the original cuisine created by 2-star Michelin chef Roland Mazcre About our rare
      76 words
  • Page 12 Miscellaneous
    • 36 12 DOONESBURY BY GARRY TRUDEAU I" BL UHt.JH&ZAC- ifr. MA'A\l x VM IAX£P 10 I camxmioNZ wtoei mi y m /whuvk anp iookooov. imMifMiumr rn I Just OOUlvnT cokfiamt s°ujhai uo a <mvioin vouß tMJI n macam-
      36 words

  • ANALYSIS
    • 1321 13  -  The spotlight in the fifth of a series of BT features on Thailand falls on Hi-Tech Industrial Estate, which is partly owned by Jurong Town Corporation of Singapore. Loh Hui Yin, who was in Thailand recently, reports Loh Hui Yin THE roads leading to Don
      1,321 words
    • 700 13 WHEN Tham Tuck Yen decided to learn Thai some years ago to broaden his language skills, little did he know he would one day put it to good use in his work, long after his retirement. For the 70-year-old Mr Tham is working in
      700 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 199 14 Is you begin to appreciate its value more over the years, 5 quite extraordinarily, so will it. i i > 4 < 8 i ''•1 V *1 ""f. 1 *•;■,t 7- v '> />'■■' A;'" i/.'. !<" ..''-i-'-f'" f. *.r x t ..J v v >*;* i'-"""*' 5 B v
      199 words

  • FOCUS
    • 1074 15  -  The sudden resignations of the presidents of two ot Japan's most powerful securities houses focus attention on two troubling questions facing the financial industry. James Sterngold reports James Sterngold NYT THE sudden resignations on Monday of the presidents of two of Japan's most powerful securities houses, Nomura
      NYT  -  1,074 words
  • Page 15 Advertisements
    • 358 15 COMKIMG ON CREDIT TERMS COUID LOCK YOU M A TIGHT SITUATION Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be tied up in accounts receivables, restricting your company s growth. This is
      358 words
    • 140 15 No. 1 Coleman Street An address of distinction. Ideal for medhim and large companies. Immediate occupation. —————————I 4 Office units with areas ranging from 1,400 sq ft to 29.000 sq ft at attractive sfilfiMMii"companies: as your headquarters, regional "^l^^. centres or branch offices. Centrally located, ildllßfiljßfiltiti the 10 storey office
      140 words

  • THE LAW PAGE
    • 951 16  -  The Supreme Court recently announced new procedures for court trials to help speed up the judicial process. David Gabriel talks to courtroom lawyers to assess their views on the changes David Gabriel THE NEW court rules announced recently by the Supreme Court have essentially turned
      951 words
    • 435 16 CASE TENG MEOW CHONG V. CHIA NGIM FONG AND ANOTHER High Court of the Republic of Singapore, Suit No 1277 of 1990 Justice LP Ihean THE DEFENDANT, Chia, ran a department store business in Haig Road. Sometime in 1977, he ran into debt
      435 words
    • 354 16 THE International character of issues being decided in Singapore courts is growing. Recently, Justice Chan Sek Keong decided a case involving loans made by a bank in Osaka. The loan agreement cited the defendant as proprietor of a business entity called
      354 words
  • Page 16 Advertisements
    • 121 16 P~~m Now that our JJ competitors have taken a leaf out of our book, perhaps you |§j should read it. We are happy to say that our I" T H Fbr a free copy of The HP Guide to Open Competitors have finally WOKen lip Systems, attach your business card
      121 words

  • SPORTS
    • 353 17 Wimbledon AP WIMBLEDON Instead of Andre Agassi and Jennifer Capriati, they got hours of rain and a bomb seare. But what the 26,000 Wimbledon fans did not get was a refund. "I think we should get half our money back at least," said Sybil
      AP  -  353 words
    • 158 17 Reuter NEW YORK Orthopaedic surgeon Dr Richard Steadman said on Monday that he had treated Monica Seles, the world number one who pulled out of Wimbledon with a mysterious malady, and indicated she could play again within a few weeks. Steadman, who specialises in sports-related
      Reuter  -  158 words
    • 516 17 NYT LAS VEGAS You remember the first time Mike Tyson and Donovan (Razor) Ruddock went at it here. The bout was March 18 and it ended in controversy when referee Richard Steele stopped it in the seventh round with what seemed undue
      NYT  -  516 words
    • SIDE LINES
      • 112 17 WILLIAMSBURG, Virginia For a guy whose name isn't in the limelight all that otten. Mike Hulbert is making a pretty nice living playing golf. Hulbert's playoff victory on Sunday at the Anheuser-Busch Golf Classic was worth USS 180.000 and pushed the seventh-year professional's career
        112 words
      • 86 17 STUTTGART Porsche has pulled out of Grand Prix racing for the time being to concentrate on engine development. But the German sports car manufacturers hopes to be back in the running before the end of the season, a company spokesman said on Monday. The decision by
        86 words
      • 106 17 SILVERSTONE, England World motor racing champion Ayrton Senna, whose golden Grand Prix run ended in Canada earlier this month, will soon be back to winning ways, Formula One rival Nigel Mansell warned on Monday. The British driver, who spoke alter testing the new aero-dvnamics
        106 words
      • 76 17 AUCKLAND Spain's Carlos Sainz, currently top of the world drivers championship, believes he can win the New Zealand Rally starting today for the second year running, although changes to the route have made him less than sure. Sainz and co-driver Luis Moya in a Toyota Celica GT Four
        76 words
  • Page 17 Advertisements
    • 1007 17 Jb S-E'Banken I Skandlnavlska Enskllda Banken I Head Office: Kungstradgardsgatan 8, Stockholm, Sweden. I I BALANCE SHEET PROFIT AND LOSS ACCOUNTS I DECEMBER 31 J The S-E-Bank Group The S-E-Bank Group I 1990 1989 SEK M SEK M SEK M SEK M Operating income Assets Net interest earnings 8.054 6,612
      1,007 words
    • 169 17 Now 7times a week. Nonstop to Frankfurt, Europe, the World. Lufthansa Reservations: 737 9222 MIX 200 YEARS OF AMERICAN HISTORY AND CULTURES AND YOU'LL HAVE THE COSINE OF THE NEW ORLEANS. The New Me] ns specialises in the exciting New Wave American cuisine plus tMtiaditional Cajun and Creole cuisine for
      169 words

  • Page 18 Advertisements
    • 1070 18 WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE A ''Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30a.m.t02.30p.m. Delicate Yang/.hou Dianxin. Dinntr: 6.30 p.m. to 10.30 p.m. IvINCi^ A mi:mi,i:iu>ic *****1 s iiiiiii >vm mi n/i I lavelock Kou«l, Singapore
      1,070 words
  • Page 18 Miscellaneous
    • 830 18 TELEVISION AND RADIO gym 8.00 Hunter The Incident. 9.10 Potret Kasih Durian. OAfWV UtfiUt tfiMTQ t VI 11Y 71 C l l IIHITIAnfIAIi i 9.00 News At Nine. 10.00 World News <M) vision in unincdiion u ,m ezzsesse. 8.00 Close. Q ur (hoicc). who stars in the movie Wv 7.IWW,
      830 words

  • LIFESTYLE
    • 949 19  -  David Gonzalez on the preachers taking the gospel to the streets of New York. David Gonzalez NYT LIKE THE many actors who answer the casting call, Brenda Allen came to New York City dreaming of being among the few chosen to tread the boards.
      NYT  -  949 words
    • 391 19 Japanese customers' search for more value for their dollar has sent car companies scrambling for new ways to maintain sales figures Asahi News JAPANESE car makers arc upgrading some of their most basic model cars to appeal to consumers seeking
      Asahi News  -  391 words
    • 658 19 CHATTERBOX THE 39-year-old son of US television talk show host Johnny Carson was killed when his four-wheel-drive vehicle went over a 40 m cliff near Cayucos, a small beach resort on the central Pacific coast, police said on Monday. Richard Carson of North
      658 words
  • Page 19 Advertisements
    • 277 19 HHP EHTEBTAIN Curry Pot-Pourri Spice up your life with the flavours of exotic India at Cafe-in-the-Park from 8 June to 30 June 1991. Priced at $18.50++ per person. Lunch buffet from 12 noon to 2.30 pm. Dinner buffet from 7 to 10 pm. Experience India both culturally and culinarily! Look
      277 words
    • 172 19 Option^ Introducing a ySjr new dining experience. IP LUNCHEON OPTIONS y'v!* Light Buffet from $8.50+ cLi\ /(All weekdays except Public Holidays) (fj^N DINNER OPTIONS Tai Pai Thong" dishes from $4.00+ is (Saturdays to Thursdays from 6.30 pm) W Full Barbeque Buffet at $18.00+ kJkV (Fridays only, from 6.30 pm) Ljsj!
      172 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4971 20  -  By SN Vasuki SINGAPORE ST(X"KS closed weaker yesterday though late afternoon bar-gain-hunting helped in lifting the Straits Times Industrials Index from the day's lows. Trading volumes were low, and declines led advances by a hefty margin. Dealers said the market sentiment was "decidedly bearish".
      4,971 words

  • 4085 21 Main Board Burvtill 10*2000 68 5l'/i 312.1% PM Hklgs 260 +15 +6.1% Hurwill Wt***** 20 +14 267 3% SPH Foreign 1320 +10 +0.8% Pnma 580 +10 +18% C&C 565 +10 1.8% DBS Rts F 300 7 +2 4% H N'egara 416 +6 1.5% Bousteadco 225
    4,085 words

  • BT SHARE INFORMATION SERVICE
    • 532 22 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) V. ANA Hotels lun 19 Dec 90 $1,051L($458) —(10) H Negara Jun 19 Oec 90 $1.096($756) 14 6(101) 10(10) Hind Hotels )un 19 Dec 90 $3,831(11 240) 5 8(19) Innovest Bhd
      532 words
    • 279 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Marco Polo Jun 21 Mar 91 $14.035(511.642|) 25(3.6a) 1.7(19a> MAS Jun 20 Mar 91 MJ205,543(5200.614) 564(55.7) 15.(125) CK Tang Jun 19 Mar 91 $11.991 (S10.670) 164(24.7 6(6) Golden Hope >un 19
      279 words
    • 205 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Asia Pacific Jun 21 Mar 91 $59.214($48.108) 14.5(15.4) f 4N Jun 21 Mar 91 $89,232(175.678) 9.2(92) Avimo Jun 14 Mar 91 51,541(51.571) 5TE(7 5TE) Samanda Hldgs Jun 14 Mar 91 M5"j.558(54,997> Pacific Can Jun J Mar
      205 words
    • 419 22 June 20 From June 25. the trading for Hongkong-based IMC Holdings, Burwill Holdings Ltd and their warrants counters will be in Hongkong dollars, while the depository receipts of five Japanese stocks Fujitec Co Ltd, Minebea Co Ltd, Murata Manufacturing Co Ltd, Tokyu Land Corp and Yaohan Dept Store
      419 words
    • 1042 22 Current Ex Books Oat* Total lor Total for payment date dose payable the year last year Acma 51 IE Jun 5 Jun 17 Jul 1 10% TE Amcol 25c 10% Jul 5 Jul 17 Jul 31 10% 10% AMP NYA(e) Jun 19 Jul 4 Aug 15 NYA 28c
      1,042 words
    • 1017 22 I Prices «at 25.06.911 Conversion terms Premium/ Expiry 1 (discount) i Amount Optional" using issued t I Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash. Loan Gearing. Date Mths units) stock ratio price nom Sth Left value I S > Burwiil 115 2 0700 0
      1,017 words
    • 733 22 Main Board last Full Year Company Period Oite Ye* Net EPS frost Net amwiced endrig (cents) <fiw profit last rear 000) Cerebos Interim Apr 27 Jul 91 12.6 200TE(a) 38 911 Spore Land Interim May 4 Dei 91 126 10 0 44 641(g) Kin Eng Final lun 27
      733 words
    • 430 22 Company Rights Issue Akoni Ow for two (a. MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at M$1 per share with 10m detachable ISR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex date Jun
      430 words
    • 496 22 Company Rights Issue Bolt on One-tor-lour M$2 00 per stare Issue of $90 978m nominal amount ot Redeemable Unsecured Guaranteed Bonds 1991 with AS 489m detachable warrants o«i the basis of $2 nominal amount of Bonds tor ever* three e«istmg shares held Every $2 nominal amount of Bonds
      496 words
    • 865 22 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor one ordinary share fkrwi Wt Before 30 '6 '94 1 warrant plus HK$] 00 cash CIC UN Before ?6 4 93 1 war'ant plus $309 casn Causeway Loan Causeway Wt 2/10/89 to 20/10'94 1 warrant plus $0 77 cash or 1
      865 words
    • 221 22 Singapore Stopbulding Engineering Ltd: 23rd AGM at 7 Benoi Road, Singapore 2262 on Wednesday. Jun 26 at 10 30am Smgapore Reinsurance Corpn Ltd: 18th AGM at the Board Room, 1 Shenton Way *1307. Robina House. Singapore 0106 on Wednesday. Jun 26, at 12 noon UMW Holdings Bhd: 9th
      221 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4252 23 Bernama SHARE PRICES closed mixed yesterday after inching up from earlier lows on light bargain-hunting. The KLSE Composite Index ended at 623.07, down 1.84 points, while the industrial index was 1.98 points lower at 1,177.97. Losers outnumbered gainers 120 to 76 while 66 other
      Bernama  -  4,252 words
    • 0 23
      0 words
  • Page 23 Advertisements
    • 56 23 wm Yesterday, TNP reporter Angeline Song spoke to a woman who was slashed with a chopper and splashed with boling water. Today: The story of a victim of a vicious gang attack. "Many of my friends do not recognise me... It hurts when this happens," ■uJJjißpßlfl he JjPI The latest
      56 words

  • TOKYO STOCK EXCHANGE
    • 2187 24 Reuter TOKYO STOCKS yesterday shrugged off a spate of brokerage scandals and New York's dive overnight to close at the day's high. After a sharp opening plunge, firm downside resistance and the lack of new developments in the scandals encouraged cautious bargain-hunting, brokers
      Reuter  -  2,187 words
  • STOCK EXCHANGE OF HONGKONG
    • 1912 24 AP SHARE PRICES on the Hongkong Stock Exchange yesterday closed generally higher in light trading. The Hang Seng Index, the key indicator of blue chips, gained 34.72 points to close at 3,604.26. Turnover totalled HKS793 million, compared to Monday's HKS7SO million. Bank,
      AP  -  1,912 words
  • Page 24 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks close easier but off lows
      • 821 25 AUSTRALIAN shares rebounded off early falls to close slightly lower in thin trade yesterday. Brokers said slumps on the New York, London and Tokyo exchanges sparked early selling orders which pushed the market indicator as low as 1,484 points. But bargain hunting helped the All Ordinaries Index off its
        821 words
      • 101 25 THE New Zealand share market partially recovered yesterday from a sharp early sell-off to close only moderately lower, as scrip dried up among several leaders at lower prices, brokers said. But they will again look to performances in Tokyo, London and New York for signs of the local
        101 words
      • 854 25 THAI stocks extended losses but closed off lows in a choppy session marked by heavy early short selling on finance and textile issues yesterday, brokers said. The SET Index ended 4.67 points lower at 749.82 in moderate trade after it plunged about 13 points during the first half of
        854 words
      • 590 25 JAKARTA stock prices fell further yesterday as investors continued to liquidate their positions to cut losses, brokers said. The index fell to 367.99 from Monday's 370.24 and turnover slumped to 2.74 million shares from the previous 8.16 million. Jakarta June 25 Rupiah VoHW) Abda 2IOO Ahap Insurance 4000 300
        590 words
      • 70 25 SHARE prices in Taiwan finished sharply lower on losses in Tokyo and Wall Street yesterday, dealers said. The weighted index fell 217.45 points or 3.6 per cent to close at 5,872.74 compared with Monday's 6.090.19 finish. Turnover was NTSS6.I billion against 540.4 billion. Dealers attributed the falls to sharp
        70 words
      • 526 25 PHILIPPINE shares sagged in mild panic selling yesterday as Dow Jones' overnight fall jarred investors, already wobbly from the impact of Mount Pinatubo's eruptions. "The blows from Mount Pinatubo and Wall Street combined to cause mild panic in our market," said Anthony Nicolas, trader at Yao and Zialcita Inc.
        526 words
      • 816 25 SEOUL stocks closed a little higher yesterday for the second consecutive day after opening weak in the morning before rebounding then fluctuating sharply to briefly top the 600 level during the afternoon, brokers said. The Composite Stock Index rose 2.16 points to 595.21. Trading volume improved with 11 million
        816 words
      • 71 25 BOMBAY share prices fell sharply on nervous long liquidation on Monday triggered by fears of a harsh budget, following remarks by Prime Minister Narasimha Rao. brokers said. The Bombay Stock Exchange index tumbled 56.39 points to 1,305.33. The national index dropped 18.27 to 645.19. "The market was rattled. We're
        71 words
      • 1002 25 Close Previous June 25 SYDNEY AD Ordinaries Index 1,499.8 1.503.2 -3 4 .Ml Industrials Index 2,316.5 2,323.3 -6.8 All Resources Index 874.7 8 7 5.7 -I Turnover (million) 92.24 74 18.24 BANGKOK SET Index 749.82 754 49 -4.67 Turnover (million baht) 2.890 2.890 unch JAKARTA Composite Index 367.99 370.24 -2.25
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  • WORLD STOCK MARKETS
    • Dow plunges on news of Tokyo scandal
      • Article, Illustration
        1284 26 NEW YORK stock prices plunged on Monday, as the market was buffeted by an unusual combination of a Japanese brokerage scandal and signs of a worsening domestic economy underscored by declining corporate earnings. Poor earnings by car makers and Other major industrial sectors also weighed on the market,
        1,284 words
      • Article, Illustration
        730 26 SHARES fell on the London Stock Exchange on Monday, depressed by pessimism about the prospect for interest rate cuts. As long as the pound remains under pressure against European currencies, there will be little scope for British interest rate cuts, dealers said. The FTSE 100-share index ended 29.2 points,
        730 words
      • 228 26 GERMAN shares tumbled 1.2 per cent on Monday as a wave of profit-taking wiped out most of the Friday's gains. The 30-share DAX index fell 20.30 points to 1,691.56. Futures-related selling hurt the market. On Friday, the expiry of June futures contracts had played a large role in the
        228 words
      • 173 26 FRENCH shares slid to their lowest close on Monday in two months on worries that European interest rates may head higher, traders said. The CAC-40 fell 31 points, or 1.72 per cent, to 1,775.63 on trade of 1.68 billion francs. Traders blamed the fall on anxieties that Germany might
        173 words
      • 184 26 BELGIAN shares closed weaker in lacklustre trade taking their cue from lower foreign bourses amid concern about higher interest rates, traders said. "The market is only driven by the technical trading that we have seen for weeks and weeks," said a dealer. The BEL2O index closed down 7.10 points
        184 words
      • 411 26 THE COMBINATION of a silver-led decline in world gold prices, and lingering nervousness that the recent surge in the Johannesburg market may have been overdone, prompted a broad stock market retreat on Monday afternoon. Dealers said the downward correction was to be expected after the persistent scramble for quality
        411 words
      • 282 26 LACK OF interest in the market and concern over what kind of recovery is in store for the US*economy depressed Toronto stocks on Monday in light trade, dealers said. A dearth of corporate and economic news kept trade to a minimum, they added. The downturn started within the first
        282 words
      • 377 26 LACKING the support of a strong dol- lar after Sunday's G7-meeting, Dutch shares closed a quiet day on Monday lower in line with other European bourses, dealers said. The CBS tendency index finished 1.1 point down at 94.4. The G7 commitment to "appropriate" intervention in the exchange markets seems
        377 words
      • 241 26 ITALIAN shares lost more ground after the opening on Monday, but initial volume was thin as operators awaited final details about the government's plans to force companies to revalue their property holdings, brokers said. The MIB index was down 0.7 per cent at 0900 GMT, with the underlying trend
        241 words
      • 351 26 SWISS share prices finished easier on Monday but slightly above lows in moderate trading, with the market taking its cue from lower European bourses and Wall Street's lower opening, dealers said. The All-Share SPI index fell 10 points, or 0.90 per cent to 1,104.9 and the SMI blue-chip index
        351 words
      • 126 26 June 24 Close Previous NEW YORK Dow Jones 2,913.01 2,965 56 -52.55 NYSE Financial 148.82 151.31 -2.49 SAP 500 370.94 377.75 -6.81 Turnover (million) 138 194.6 -56.6 LONDON Financial Times 30 1,921.1 1,947.3 -26.2 FTSE 100 2.458.3 2.487.5 -29.2 Turnover (million) 326.5 384.5 -58 AMSTERDAM CBS Tendency Index 94.4 95.5
        126 words
  • Page 26 Advertisements
    • 52 26 For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840) For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines
      52 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1162 27 REPORTS Tokyo: The dollar ended lower against the mark and yen yesterday on a bout of afternoon sales. Talk that a large Japanese securities firm had sold dollars at around 138.60 yen, coupled with a recovery in local share prices,
      1,162 words
    • 406 27 Cross rates June 25 USS SS MS Dm Yen SFr AS NZS USS 1.7705 2.7825 1.7845 138.90 0.6090 1.5370 I 3072 1.7376 SS ***** 1 S7I6 1.0079 0.7845 0.3440 ***** ***** ***** MS 0.3594 63.63 0.6413 0.4992 0.2189 0.5524 0.4698 ***** Dm 0.5604 0.9922 1.5593 77.84 0.3413
      406 words
    • 534 27 Interbank rates S$ Bid Offer Overnight 5 1/4 5 3/8 1-month 5 11/16 5 13/16 2-month 5 13/16 5 15/16 3-month 5 7/8 6 Overnight mode: 5-5/16 USS Bid Offer 7 days 6 1/16 6 3/16 1 month 6 6 1/8 2 months 6 1/16 6 3/16 3
      534 words
    • 270 27  -  By Quak Hiang Whai SINGAPORE The Singapore International Monetary Exchange is studying the possibility of trading options on currencies on the exchange, a senior Simex official said yesterday. All the options contracts currently traded on Simex are options on currency futures. The Simex
      Photo by Arthur Lee  -  270 words
    • 1137 27 SIMEX EUROOOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 93.46 93.48 93.45 93.45 4366 ***** 4687 Dec 91 92.86 92.87 92.84 92.84 4200 ***** 2284 Mar 92 92.73 92.73 92.70 92.70 1246 8386 1544 Jun 92 92.32 92.32 92.29 92.29 300 1151 126 Sep 92
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  • Page 27 Advertisements

  • COMMODITIES
    • 483 28 Reuter CANBERRA The total value of Australia's commodity exports is expected to rise only one per cent to A 540.95 billion (5555.7 billion) in the year to June 30, 1992, the Australian Bureau of Agricultural and Resource Economics (Abare) forecast. "The sharp
      Reuter  -  483 words
    • 228 28 Reuter NEW YORK The New York Mercantile Exchange (Nymex) remains optimistic about its proposed sour crude futures contract despite Commodity Exchange Inc's (Comex) plans to launch a competing sour crude contract. "Nymex is very excited about the promise held for the industry
      Reuter  -  228 words
    • 848 28 REPORTS THE price of tin inched up one sen to M$ 15.41 per kg on the Kuala Lumpur Tin Market yesterday in line with a steadier close on the London Metal Exchange overnight. Traders added that the market here was steadier yesterday after
      848 words
  • 1467 28 Rubber June 25 MS (M In bate) S cents/kg Noon Close Int I RSS Prompt 147.00/148.00N 146.75/147.75N Int 1 RSS July 91 148 50/149 00 148 25/148.75 Int 1 RSS August 150.00/150.50 149.75/150.25 Int 2 RSS OP 146 50/148 50N 146.00/148.00N Int 3 RSS OP 145 00/147.00N 144.50/146 50N
    1,467 words
  • Page 28 Advertisements
    • 884 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 BANKING HOURS on Saturday, 29 June 1991 NOTICE IS HEREBY GIVEN that due to the mid-year closing of books, member banks operating on Saturdays will open for business on Saturday, 29 June 1991 up to 11:30 am only. By Ordsr of the Council Ong-Ang
      884 words
    • 695 28 rn THE MATTES OP THE COMPANIES ACT, CAP. M AND IN THE MATTES OP VISTA INTERNATIONAL (PRIVATE) LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 03 Robinson Road, #07-05 AfroAsia Building, Singapore 0100 on
      695 words
    • 11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1096 29 City Flight ETA Flight ETD U* Pkafci GA895 1235 AdatoMa QF81 2000 QF82 2200 SQ227 2245 Amsterdam GA895 1235 KL832 2120 KL831 1410 SQ24 2200 AttMM SQ35 1710 Aackland NZ21 1820 NZ22 1930 SQ388 2030 Bandar Sari BI421 1105 SQ182 0915 Bagawaa SQ181 1410 BI422 1205
    1,096 words
  • THE TRAVEL PAGE
    • 639 29  -  POSTCARD FROM ALASKA By Robert Reinhold VISITORS to this remote fishing village often witness a strange local ritual. About once a week, residents wander down to the beach at low tide and start smashing bottles on the exposed rocks and burning their garbage. The tide washes
      639 words
    • 150 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.348 1.3S8 Canadian dollar 1.S37 1.547 NZ dollar 1.008 1.043 Sterling pound 2.87SO 2.8950 US dollar 1.7625 1.7725 Local dollars to 100 units of foreign currency Austrian schilling 13.90 14.90
      150 words
    • TRAVEL SLICES
      • 99 29 FOREIGN visitors to South Korea will soon have to start paying a 10 per cent tax on hotel accommodations. The tax is not new for Koreans: they have been paying it for 12 years while the South Korean government, in an attempt to
        99 words
      • 149 29 NYT GAIA, a copy of a Viking ship, is sailing to North America from Norway and Iceland to commemorate the millennium of what is believed to have been the discovery of Vinland, or Newfoundland, by the Viking explorer Leif Ericsson. The voyage has also
        NYT  -  149 words
      • 64 29 TRAVELLERS to South America should beware of the cholera epidemic that has already struck 150,000 in Peru since January. It has also spread to Ecuador and Colombia, and there is a possibility that it will reach Brazil. Also, according to Arrival magazine, in Indonesia's western province
        64 words
      • 100 29 HONGKONG'S Ocean Park is making a few changes in its admission policies to attract more visitors. According to the Hongkong Travel Bulletin, the entrance charges remain at HKSI4O (5531.78) for adults and HKS7O for children, but now each adult can bring in two children under
        100 words
    • 59 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June 25-29 International Mslava. Incheba Company *****1III Ju)> 2 -6 International Buenos Aires CAMIDA-lndustr- *****1820 Chemical Fair C ochoslo- Limited Exhibition of lal C hamber of v Sportware Sportware July I Kuwait: Hilton Asian Investment **********8 Accessories
      59 words
    • 404 30  -  108pc rise contrasts falling commitments by others By Harish Mehta BUCKING international trends, Singaporean companies have increased their investments in the Philippines while many foreign investors steer clear of the problemwracked country. From January to May this year, Singapore companies invested 26.01 million pesos
      404 words
    • 351 30  -  By Lilian Ang AMERICAN oil giant Mobil has made Singapore its headquarters for the Asia-Pacific, a move which will help the group reap greater returns from the booming regional energy market. A new company, Mobil Asia Pacific Private Limited (MAPPL) has been formed to
      351 words
    • 196 30 JURONG Cement Ltd (JCL) yesterday disputed a US$l.2 million damage claim by Haw Par Trading, saying that the damage, if any, is limited to less than one-hundredth of that sum. In an announcement, JCL said Haw Par has filed a law suit on
      196 words
    • 168 30 Reuter HANOI Vietnam has done its best to end a US trade embargo and it is time Washington lifted the outdated sanctions that are hurting the US and other Western businesses, Hanoi's investment chief said yesterday. US businesses were losing out as companies from other
      Reuter  -  168 words
    • 353 30 Reuter LONDON Hongkong governor Sir David Wilson said that without a quick agreement with China the colony's multi-billion-dollar airport project may be subject to some delay. Sir David, speaking to reporters after a meeting with Prime Minister John Major, refused to say
      Reuter  -  353 words
    • 441 30  -  By Quak Hiang Whai THE THREE partners of Asian-American Merchant Bank (AAMB), one of Singapore's oldest consortium merchant bank, are pulling out of the joint venture. Overseas Union Bank, Bank of America (BoA) and Dai-ichi Kangyo Bank (DKB) have agreed to terminate
      441 words
    • 177 30 Reuter JAKARTA Projects in Indonesia are getting harder to implement and the country must try harder if it is to compete with other developing nations for investment from the industrialised world, chairman of Investment Coordinating Board (BKPM) Sanyoto Sastrowardoyo said. "Less banking support for medium
      Reuter  -  177 words
  • Page 29 Advertisements
    • 38 29 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at (>755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      38 words
    • 127 29 I B WmiL-Jr Jlftll >7 ScalpeL.scissors._sutures... BusinessTitnes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on vour mnnpv Essential information accessible every business day y through Business Times In the same way a
      127 words
  • Page 29 Miscellaneous
    • 304 29 7 Book-keeper to liberal king HH pH and early heretic (9) P I I I III!; 8 Shropshire lass gets work mm Lh 10 Period of conflict makes for cautious listeners (3,5) I I 1 1 Got fed up with the pub, HH flH[ HH AH^H as is natural (6)
      304 words
    • 220 29 Singapore Outlook: Fair except for showers over a few areas in the afternoon. Report: Maximum temperature 33.0" Assoc humidity 61% Minimum temperature 27.8* Assoc humidity 82% Hours of sunshine 7.50 Rainfall in mm Trace Rainfall this month 94.9 Rainy days this month 7 World report Asia-Pacific Hi/IvO* Cond. Auckland 15/10
      220 words
    • 44 29 iSiLkEMaPWgIWgi Tue*e sr»«-u PviP OF He Be ON WOUDPCV i crn't omd€RSVa»*> <t... Sut wcs we*c w sp.Rit.. JONeS IS OH WOUDM P&OUi ~vfc- H-AC£ i snooLp 6C j HOON ©v/T" NOTHING SO£WS I '—s tLi u*ve cmahg€-D L r~" >v i Cp\ JW^L
      44 words

  • Page 30 Advertisements
    • 70 30 [0 I IVIC=IF=J^SI=l —II The Richness Of Leather Handmade To Perfection. FOR SALE En Bloc A PRIME 12-STOREY RESIDENTIAL DEVELOPMENT AT CUSCADEN WALK/AUGULLIA PARK Within 5 minutes walk to Orchard >t'% Freehold tenure 3 11 units of 4-bedroom apartments jly rnn a Typical floor size 3,762 sq ft fIE •.y
      70 words
    • 686 30 |H~~ I ivi f=? s nz 11 The Richness Ot Leather Handmade To Perfection. Standard Chartered PLC (Incorporated in United Kingdom) Head Office: 1 Aldermanbury Square, London EC2V 7SB Audited accounts for the year ended 31 December 1990 Consolidated Balance Sheet Consolidated Profit and Loss Account 31 December 1990 tor
      686 words

  • Shipping Times
    • 462 31  -  By Magdalene Phang PUBLICLY-LISTED Sembawang Maritime Ltd (SML) continues to forge ahead in offshore contracting when it signs two more contracts within the next few weeks. Managing director Lai Park On told BT that SML had received letters of intent for the two
      462 words
    • 412 31 AFP DUBAI The boats of Iranian traders are again plying the Gulf waters to and from Dubai, the region's most active commercial centre, after a six-month break due to the war over Kuwait. "The sea is bustling again with dhows shuttling
      AFP  -  412 words
    • 383 31 Reuter PARIS Sales at Hughes Aircraft Co, a GM Hughes Electronics Corp unit, may climb to US$B billion (S$ 13.6 billion) in 1991 from 1990's US$7.B2 billion. "We're expecting slight growth, perhaps to the US$B billion area," Hughes Aircraft chief financial officer
      Reuter  -  383 words
    • 619 31 NYT KUWAIT An international flotilla of minesweepers has cleared most of an estimated 1,200 mines off Kuwait's coast months earlier than expected, reopening those waters to commercial shipping, the senior US Navy officer in the Persian Gulf said. Two dozen
      NYT  -  619 words
    • 358 31  -  By Rahita Elias LISTED shipping company Hai Sun Hup has joined forces with Eastern Car Liner of Japan to form a Singa-pore-based project forwarding venture. Keystone Logistics, in which Hai Sun Hup holds a 30 per cent stake, was formed on June
      358 words
    • 226 31  -  By Dexter Lee THE PORT of Singapore Authority has clinched its second major sponsor for exhibits at the Singapore Maritime Showcase, which is scheduled to be opened in December. In a statement, the PSA said Maersk Line will be forking out $345,000 to sponsor a
      226 words
    • NEWS SUMMARY
      • 60 31 THE PAST few months have seen the biggest overhaul in British civil aviation policy since the privatisation of British Airways four years ago. But the government's decision to accelerate the process of opening the UK skies to greater competition has also coincided with one of the
        60 words
      • 61 31 THE 39th Paris Air Show, which concluded last Sunday, broke attendance records with some 450.000 spectators, but did little to break the sombre mood of the aviation industry Organisers say the public "show" is less important than the occasion for the aviation and
        61 words
      • 43 31 INCREASED foreign investment in US airlines could help carriers pay for the large number of new aircraft now on order, but may not do much for those that are struggling to survive. analysts said. Back Page
        43 words
      • 53 31 IN WHAT would be the first venture to broadcast radio programming directly to listeners by satellite, the Federal Communications Commission has given permission to a start-up company in Washington here to launch a satellite that will provide service to countries throughout Africa and the Middle
        53 words
    • LOG BOOK
      • 69 32 SEOUL Korean Airlines and the Soviet carrier Aeroflot have decided to double the number of passenger flights between Seoul and Moscow, the Transportation Ministry said. South Korea's KAL will fly twice a week on the current Seoul-Moscow-Zurich route starting tomorrow. Aeroflot will operate two
        69 words
      • 42 32 TOKYO The Soviet government and that of the Russian Republic have invited 17 major oil and trading firms to bid for rights to develop oil and gas resources off the coast of Sakhalin, a leading economic newspaper reported.
        42 words
      • 61 32 ANCHORAGE, Alaska Commercial fishermen who harvest the world's richest red salmon run said they will call a general strike to protest low prices being offered by processors dominated by Japan's Marubeni Corp. The strike, scheduled for yesterday, would come at the start of the brief Bristol
        61 words
      • 60 32 BOSTON A US Coast Guard ice breaker was en route to Norway on Monday to begin an historic research expedition to the North Pole, where scientists from six nations will study global warming and climate changes. The 60,000 horsepower icebreaker Polar Star sailed on Sunday
        60 words
      • 54 32 KINGSTON, Jamaica Jamaica has resumed monthly shipments of 100,000 tonnes of bauxite to the Soviet Union under a US$l25 million contract. Audley Roberts, managing director of Jamaica's Bauxite Aluminium Trading Co, said that one shipment had already left for Moscow and two others would leave by the
        54 words
      • 56 32 JERUSALEM Israel is to expel nine Albanians who tried to enter the country illegally by swimming ashore from a ship about to dock at the northern port of Haifa, police said. The eight men and a woman jumped into the sea from the Thet as it
        56 words
      • 50 32 ST LOUIS US Gulf barge freight rates firmed, with deferred deliveries showing the most strength on the outlook for a large harvest this fall, traders said. "But nearby delivery freight looks kind of toppy, unless the wheat movement really picks up," a Cincinnati grain dealer said.
        50 words
      • 58 32 VALPARAISO, Chile Police questioned a Korean crew of 10 officers and 11 sailors following the seizure of 88 kg of cocaine on the Panama-registered freighter Capitan Verdi. port officials said on Monday. The ship, scheduled to sail to Philadephia and later to Rotterdam with a load of Chilean
        58 words
    • 550 32 AFP THE TREND was irregular over the past week on dry cargo markets as traders came to terms with the implications of the United States' extension of credit to the Soviet Union. After fluctuating irregularly in a narrow range, the Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight
      AFP  -  550 words
    • 875 32 AGENTS for European and Japanese steelworks were actively fixing capesize iron ore loads in an otherwise quiet freight market on Monday, brokers said. "We're killing time, just awaiting general fixing news. It's very quiet, but the underlying tone is steady," one said. The ore cargoes to Western Europe
      875 words
    • 1000 32  -  The UK government's decision to allow greater competition in the civil aviation industry has compounded the problems British carriers are facing. Paul Betts reports Paul Betts FT THE PAST few months have seen the biggest overhaul in British civil aviation policy since the privatisation of British
      FT  -  1,000 words
    • 12444 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      12,444 words
    • SHIPS IN PORT
      • 663 47 V«*mI Voy No Berth Amvi Departure Vessel Voy No Berth Arrival Departue Kappd Wharves Myaaung Than 1/91 M1B 2606/0800 2606/2100 Rota Pusaka E 903 K31 alongside 2606/1800 Niaga 22 SJ14 M3B 2506/2300 2606/0300 Kota Wangi 897 K32 alongside 01.07/0600 Sahabat Mul S** 63 M1C 26 06/0900 27
        663 words
      • 1292 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From ACX Daisy 15 28/0700 3 26/0700 26/1159 26/1400 4 26/1200 26/1459 26/1700 ACX Lily 12A 27/0430 1 25/1500 25/1659 25/1900 2 25/1700 26/0659 26/0900 An Fremantle ***** 27/1500 2
        1,292 words
      • 225 47 wnorc ron Berth: 1: Zebu Express; 2: Juta Jaya; 3: Ava, Pernas Proton; 4: Xing Su Hai; 5: Mahalim; 6; nil 01 jetty: NCC Yamamah, Subur. DC J: Asikin. Due on June 25: VityuysK, Hotoku, Jenwin. Sri Nam Hua No 2, Sanko Laurel. Bunga Dahlia, kan Setangat.
        225 words
    • 475 48 UPI PARIS The 39th Paris Air Show, which concluded last Sunday, broke attendance records with some 450,000 spectators, but did little to break the sombre mood of the aviation industry. The number of v isitors exceeded the record at the 1989
      UPI  -  475 words
    • 545 48 UPI NEW YORK Increased foreign investment in US airlines could help carriers pay for the large number of new aircraft now on order, but may not do much for those that are struggling to survive, analysts said. US Transportation Secretary Samuel Skinner
      UPI  -  545 words
    • 427 48 NYT WASHINGTON In what would be the first venture to broadcast radio programming directly to listeners by satellite, the Federal Communications Commission has given permission to a start-up company here to launch a satellite that will provide service to countries throughout Africa and the
      NYT  -  427 words
  • Page 31 Advertisements
    • 137 31 Containef Schedule 17 Daily F remits 2 Index to Advertisers 3 Shipping Guide 10.11 j Ships in Port 17 Singapore Tides 17 j Weather and Sea Conditions 2 Weekly Freights 2 ■Br r \T'WM 1 i I L^i^Lyg— L 4MI L V| ««J sr« IS STILL HERE MOL's New Alligator
      137 words

  • Page 32 Advertisements
    • 65 32 APPOWTMENT The appointment is with an established Singapore office. The ideal candidate will have a Master's Certificate and will have had previous experience in all aspects of day-to-day ship operations in dry cargo sector. Considerable emphasis will be placed on communication skillsandcommercial awareness. Brief but comprehensive details in strict confidences
      65 words
  • Page 32 Miscellaneous
    • 135 32 TODAY'S WEATHER AND SEA CONDITIONS 0na ea^W LEGEND R Temper ot.we c X\ leather Wmd Section with speed m knots Pom Cloudy*, Wove he,qh, Surfoce wwdt ore indicated by orrow* which fly with the wind One full arc I* represents < nlm or light and variable «ndl A One halt
      135 words

  • Page 33 Advertisements
    • 2556 33 m JARDINE SHIPPING AGENCIES 200 Canlowren: Road #1? 05 Southpoint. Singapore 0208 VklVVr telex no us ***** ■VIRTAH terminal,CES rei *****18 220 BOOKINGS TH *****34 258 VA*# PESAKA JARDINE SHIPPING AGENCIES SON BHD "W KELANG TEL: *****18 TELEX NO MA*****/MA***** mKKmm PENANG TEL *****4 TELEX NO MA4OO/3 CFS TEL *****6
      2,556 words
    • 1158 33 INDEX I TDMWRTjSERS Page Col Pagi' Col lA| I M I ABC Containerlme 12 I Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 3 Aeropak Express 9 5 Madju Sdn Bhd 15 1/2 AFS 15 2 Nlaersk Line 3 4/5 Ahrenkiel Liner 16 4 Mc Pac Express 9
      1,158 words
    • 2206 33 MiMia TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETD WEEKLY TOESOAY AND WEDNESDAY SINGAPORE/KORE 7 DAYS Vess«4 Voy ETA I ETD "Port *P«nang DESTINATIONS Singapore Kwang I Thu mm MagMCy Ma«rW> 9108 Feaow by CV 2/7 0600 MRS Pinto HHI CFS 1/7 2369 MRS OAK LGB
      2,206 words

  • Page 34 Advertisements
    • 1261 34 |rottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KATSURAGI 06/125 26/ i 1377 16/7 15/7 THAMES 06/325 30/6 17/7 19/7 22/7 23/7 LA SEINE 19/126 4/7 25/7 23/7 22/7 j AIL WIST BOUND F BREMEN EXPRESS 03/326 7/7 24/7 26/7 29/7 30/7 KILANO t PCNANG CAHCO HONGKONG EXPRESS
      1,261 words
    • 699 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 3/7 15/7 17/7 23/7 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 3/7 5/8 6/8 11/8 12/8 Agents .(Iff. SINGAPORE: *****11 Jardine Shipping
      699 words
    • 1610 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SM ALG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9116-3 30/06 18/07 19/07 22/07 23/07 24/07 25/07 26/07 28/07 NORASIA SHARJAH 9117-3 05/07 28/07 30/07 31/07 01/08 02/08 03/08 04/08 05/08 NORASIA
      1,610 words

  • Page 35 Advertisements
    • 2149 35 Sjgsteamers Maritime Holdings Ltd W* P&O MTJV STRAITS SHIPPING I WSk Containers gjjgSTJa 1 Voy No ftn/ 4-fkl Sport Alf Sou Ant Hot Htof lie* MAtRSK 9108 22/01 24,0S 26/06 11/07 14/07 15/07 17/07 ACCEPTS Oil SMS KOMIOOM BAT 0534 22/00 24/04 29/ 06 14/07 11/0 7 20,07 C«6O lARS
      2,149 words
    • 2386 35 TO: U.S.A./PANAMA FM: U.S.A./PANAMA wssn vot v ou iGa cm fob im wo* htc wsn, w» irrc won m> cm igb oak jr on »mim [fin i*n Jt. i io/» ii/i u/» wk *om »mioi m »/5 10/4 i?/» */s zt/i is CMOTAAG S10«» 6FIM i/1 11/7 ft 11/* It
      2,386 words
    • 406 35 W/VM J PAL If 111] /Ullrf.Fi fE i STRAITS/ JAPAN/ STRAITS SERVICE Fai No. *****07 SPECIALIST IN RO-RO HEAVY LIFTS vessel vor Isf [w [Hue fit* COSMIC PIONEER li "aa Th BAAB UUM 1 27/t asia venture 7 ~Trt n/< ORANGE MOON 14 Thi 23/6 AOUSHUN 12 3/7 IrONO 77
      406 words

  • Page 36 Advertisements
    • 617 36 ma CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE iSI VOl [SPORE ROAM ADAM HBUtG BREMEN ANTWERP MATARAM 29*8 22 S 22/7 27/7 31/7 3/1 SRIWDAtA 32W 14 8 3 9 9 9 12/9 14 9 KUTAi 23N6 25 8 26 9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAK
      617 words
    • 1131 36 $$> ift M, HANJIN SHIPPING SporellEH RTM ANR HAM BKV FEL FEEDER VSI SIN LINE HAUL IGB OAK HANJIN OAKLANO 013W JO ********** 20 7 22 7 23/7 HANJIN SINGAPORE 002E 1/7 DIRECT 22/7 25/7 HANJIN HAMBURG 006W 7 7 25 7 26 7 27 7 27 7 29 7
      1,131 words
    • 1348 36 I PKL SGP t*6 AS6 KIG PUS IKT Q» NGT 96 TTO IM CHS BAL NTC LH* MW mi Wl« PSO CM W. SGP I 21/ i 2/7 1/1 5/7 1/7 10/7 12 7 13/7 14 7 15 K/J VI Ml U/l 20,1 21/1 22/1 23,1 25 1 4/9 14/9
      1,348 words

  • Page 37 Advertisements
    • 2072 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 mm AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 Mi NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.
      2,072 words
    • 1231 37 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 EASTBOUNO-QgCHARONG WESTBOUNO—LOADFIG TRANSITED VIA ROTTERDAM "vrotis ior |»i [mi mig "Soy |sm |nu [hbg Ibhv
      1,231 words

  • Page 38 Advertisements
    • 2032 38 K f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****79 IXI M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD 1 ABh MmJf JL MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAISHA LTD INDONESIA: P.T. SARANA LAUT INTERNUSA TEL:
      2,032 words
    • 775 38 \jm PHiu omeNT lincs ptc ltd ll 108 ROBINSON ROAD *>/00 GMG BUILDING SINGAPORE 0106 TEI *****22/2233/69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU Mi:MBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 30 JUN DUBAI. DAMMAN, SHARJAH. DOHA. NTAR, MUSCAT. BAHRAIN.
      775 words
    • 527 38 GOLDEN LINE A \V£>% GUAN GUAN SHIPPING TSsJXv (PTE) LTD 1 23. Telok Aver Street SINGAPORE 0104 TEL: ***** M (10 LINES) Fa*: *****04 (CR No **********0W) STRAITS/PERSIAN GULF SERVICE Spore P Hdam Penanf GOLDEN MARrtSI Cotembo Hand* Dutm h ft GOtOCN WONDER Cotcmbc Karao* Oubai 110 lul CHIHA SERVICE
      527 words

  • Page 39 Advertisements
    • 1588 39 Of PACIFIC INTERNATIONAL LINES (PTE) LTD mm am KttK PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA I [BANGKOK VESSEL VOV SIN JKT SIN EDEN *si -~v VESSEL VOY SIN BKK SIN KOTA BINTANQ 9118 27/« 30/6 3/7 UUWA 9108 26/6 28/6 PEGASUS PROGRESS 673N 28/6 1/7 5/7 EQUATOR
      1,588 words
    • 1055 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint lil Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunga Perma.' 208 27/6 12/7 13/7 15A7 16/7 Toyama 206 2776 19£7
      1,055 words
    • 452 39 m/m MYANMA IpHßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Klj Pen P.Gd| m VlO9Wr in Pt Sid MYOMA YNA VI36W 27 Jun PINY A VIISW 27 lun PAGAN VI72W 6/S M MAGWAY V2IW 9/11 Jul 12/14 Jul THE BANK UNE (A *»rvlc« of Andrew W«lr
      452 words



  • Page 42 Advertisements
    • 779 42 TO AUSTRALIA/NEW ZEALAND [wt [sin |Ft«m jlfelb |s,d Auck p«Pt |p CHAIM AWWKMN 273 Til 7/7 1?/7 15/7 23/7 24 7 2«77 MLORIS 274 20 7 7577 T1 TT" hi TiTi MARTHA I 275 6. 12 16 19 t 25, I 27/1 2* 1 ELLEN HUCHG m 17/«~ 24 I
      779 words
    • 893 42 i iiyiiiiiiiiiiHli EXPORTS TO HONGKOMG. TAINAN I JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE 1 i I OUTBOONO VOY PKL PNG JKT SIN HKG KAO WEE TTO SM7 NGO KOB I VESStI VOY I SIN |PKI PNC BIW siwH *CX DAISY 15 29 6 "24 6 216 57 9 7
      893 words
    • 193 42 I ~pTt perusahaan pelayaran{ i W* KALIMANTAN DIRECT WEEKLY SERVICE TO t JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION j I NIAGA 42 Voy 10/91 26/27 km Jakarta'Palembani i NIAGA XXI Voy 14/91 29/30 Jun Jakarta/Palembani I NIAGA XXII Voy 15/91 3/4 )ul Jakarta Palembang j l NIAGA 42 Voy 11/91 6/8
      193 words
    • 1363 42 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MtSTRI ROM), HMC BUILDING TEL *****00 #15 00. SINGAPORE 0207 TELH: RS ***** COSH* C* NO: **********0 M FAX: *****66 General Agents: COSTAR SHIPPING PTE LTD COSTWIINE TO HONQKONQ AND CMMA FROM HOMO KONQ AMD CHINA vessel yoy %er —«6
      1,363 words

  • Page 43 Advertisements
    • 1145 43 UKC CONVENTIONAL SERVICE Vnul PKI PNG PG Luadmc toe A VESSEL 28 06 Rotterdim Antwerp CHINA FULL CONTAINER SERVICE Vt»«4 SGP PKI BKK HKG Q4N SHA YANGEANGKOU 153 05,7 01/7 09,7 15/7 11/7 YANGEANGKOU 155 05 8 03 S 09 S 15 8 18 8 Mu Kcigln« c|o to al
      1,145 words
    • 437 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) >&\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL "AND CONVENTIONAL VFssFl IVOY ETA |IOAD«NG FOR SPORE ANO'NET 24W8 02 08 DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 26W0 02/09 DARESSAIAAM MOMBASA DJIBOUTI
      437 words
    • 636 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD El* UK ETA SPOKE POD! KELANG PENANG BIUE JAOC 5/7 loading lor Mate IRUVAI HUOHU 111 loading tor Calcutta DOLPMN 3/1 loading For Male PtONEEA SUPREME In Pt Sailed loading For Male DONAKIA* 15// loaded For feliwaru PROGRESS LBEItTY 25 6 Sailed
      636 words
    • 454 43 SYDNEY/MELBOURNE BANGKOK vessel fwt irons sire ua 'vessel [wt Singapore banckok PLANET A 1050 5-6/7 18-20/7 22 24/7 WANT A BHUM 46W In Pt 26/6 Sat 29/6 PITA BHUM 1106 20 21/7 2-4/8 6 8/8 MAHA BHW# 63N Thut 27/7 Sun 30/6 PL ANITA 1251 5-6/8 18 20/1 22-24/1 NQROBEACH
      454 words
    • 373 43 BauiSai TlfiSHlflE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 164N 01 01/07 07 09/07 15-15/07 TIGER BAY 165N 05-05/07 11-13/07 19-19/07 KURILSK 164 A 08 09/07 15-17/07 23-24/07 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 132CN8 25-26/06 02-05/07 11-12/07 EAGLE CAPE 012
      373 words

  • Page 44 Advertisements
    • 1132 44 S'PORE SSSSSS PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2, P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 PORTS COLOMBCVS. AFRICA pen PK SIN 0 7 I, ?7 nj Colombo 28/6 29/6 30/6 j' l }j\ Ldn/Flx/Rdm/Ant Durban/Pt Louis 5/7 6/7 7/7
      1,132 words
    • 372 44 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK IVT MAHSURI 0598 29 lun 7M Via NPL 9 Jul
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    • 1147 44 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX RS ***** CARRIER, RS SINGAPORE TO WEST MALAYSIA*"* SINGAPORE TO SABAH VESSEL VOT ET* BEST VESSEL VOY ET* KST KIM SOON LI 23/91E 09 JUL PENANG JENHOL 14/91E
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  • Page 45 Advertisements
    • 731 45 ■ti Pil JUj HHH \E^^^compani^EßUAN^^^ vBEdL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, 110* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Peiunf* P. Kelinj Smjapoje Msu MMALEVtRETT 03/04 M 05/07 Jul THOMASEVERETT 11/20 tul KAftABKVERETT 27/29 Jul 30 Jul/01
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    • 569 45 I I T rn vsl Ivor Isporc [mainline r |lax [kst [sav Ihyc Ihfx "1 m PHAEUS I'M 1/7 rn SAVANNAH 27/7 5/1 I I 10 I 12/1 /W KOPER ISt 2/7 1M SAVANNAH 27/7 )l II 10 1 12 1 n* NAOHSMNG uat J/7 m CANADA 11/1 20/1 23/1
      569 words
    • 626 45 res MULTI-MODE SHIPPING PTE LTD j MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDOAM FAR EAST ACCEPTING FCL/LCL PENANG P KEIANG JAKARTA BANGKOK HONG KONG. TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE, LEEDS TILBURY ABERDEEN LE HARVE HAMBURG. ROTTERDAM ANTWEP GOTHENBURG
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    • 719 45 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 13/91 27/06 30/06 PRASETIA 175 A 27/06 30/06 JATIDIRI 938 29/06 02/07 DERAJAT 943 02/07 05/07 MELITA 15/91 04/07 07/07 PELOPOR 995 06/07 09/07 TANTO UTAMA 173 27/06 30/06 TANTO UTAMA 175 06/07
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    • 284 45 I Sj* FM EAST 30/6 KEELUNG/KAOHSIUNG 1/7 BANGKOK 29/6 MANILA/CEBU 29/6 JAKARTA/BELAWAN/SURABAYA 29/6 PORT KELANG/PENANG/E. Malaysia 29/6 BUSAN 30/6 TOKYO/YOKO/KOBE/NGO/OSA 2/7 HONG KONG SIN CHINA 2/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 1/7 LDN./FLX/LVP/SOU 1/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA/CANADA 27/6
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  • Page 46 Advertisements
    • 658 46 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOV S PORE JAKARTA SURABAYA TAKARI IV 4098 27 JUN 30 iUN TAKARI I 1716 01 JUL 03 JUL TAKARI IV 4100 04 JUL 06 JUL TAKARI I 1718 08 JUL 10
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    • 218 46 vivi PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS SOUTH Santos. Rio Grande, Rio De Janeiro. Fortaleza AMERICA Montevideo (Uruguay). Buenos Aues (Argentina). Chile Brazil all ports LCL/FCL SANTOS. BUENOS AMCS LCL/FCL COLOMBO USSa/VOY tTA s«~ RIMBAUO V.Q9PRI 7/7/91 FCL/LCL SERVICE TO SOUTHERN PART OF
      218 words
    • 568 46 1 I/CKkSETH SHIPPING CORP. SDN BHD L£ACm PT ALANS TEL 03 *****06 (6 lIMSI FAX ****** VXDC/ 04 *****9 SKAK TEL 08******? XT/ SIBU TEL: 004 31M22 TAWAU TEL 08# *****1 KK TEL *****22 M KUCM TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE IfUDK K»~ KH I WtT UH
      568 words
    • 473 46 CUJj COn-WRV IfITERmODRL^I LCL/FCL SERVICE FROM J f [jjg] \M\ TCW Operate* ov«r 800 In UAA. I I I imm 1 CUJI ovw 35,000 tractor* A trucka. I I /IM A CUM Mrve«ow6(M)oopofa>UlnUsA jp m rilW)te La/fcl wvksM GdfMfdl Agent*: 7&4/VS-Z//VXL-of) PENANG- KL: ALLieoLiNK SINGAPORE: fwpr 04-*****2 *****8055 778 6522(22
      473 words
    • 397 46 MANILA ETA VIGOUR SINGAPOUR 3NB 29/6 VIGOUR PACIFIC 40NB 6/7 BANGKOK 29/6 6/7 BUSAN 28/6 1/7 j HONGKONG 28/6 4/7 DURBAN,PT LOUiS 7/7 24/7 KEELUNG 30/6 7/7 USA 1/7 8/7 PT KELANG 1/7 5/7 KOBE 30/6 7/7 PIRAEUS 1/7 7/7 OSAKA 28/6 5/7 JAKARTA 27/6 30/6 SURABAYA 5/7 12/7 j—
      397 words

  • Page 47 Advertisements
    • 355 47 vO c vQc vOc \Qc vOc vOc vQc J VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > V VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIDATOR WITH WORIDWIDE NETWORK f] i J Weekly FCIACL Services To/from I J > USA EUROPE FAR EAST > Baltimore: Volainer Consolidation Services Van Ommeren Hamburg
      355 words
    • 664 47 ■T more frequent Fums Worldwide NEW ZEALAND/FIJI j VESS£L '"l *P*" *Bkk Sin Sbayi Auckland Fiji(A) N.Ptymouth(A) Timjru Lyttetton(B) Dunedin(B) Napier Nc«n(ton(C) Tauranga N Rochester'9lls 29/6 1/7 1/7 1/7 3/7 6/7 19/7 31/7 21/7 22/7 23/7 23/7 26/7 26/7 28 7 N Roven/9116 9/7 11/7 11/7 11/7 13/7 16/7 29/7
      664 words
  • Page 47 Miscellaneous
    • 167 47 TIDES TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 <M« 0500 0600 0700 OiOO ******************************00 *****100 1900 *****100 2200 2300 JR 25 2.1 16 1 1 08 06 05 0.7 10 1.4 19 2.1 2.2 il 18 1.4 12 LI 12 1.5 19 2.5 2.9 3.0 PP 2.5
      167 words

  • Page 48 Advertisements
    • 821 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEOtH VOY Ml W |S* LINE HAUL VOY LBH OAK St* UK HAJI VOY TCM/SEA PTL NAN HAI 202 022 30/06 01/07 03/07 H CHALLENGER 43E 29/07 01/01 04/07 TRANS WORLD
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    • 211 48 ■I.ijiii.M PASIR QUDANG SINGAPORE I CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PABIR QUDANG SINGAPORE VOY tin 2100 «S EIP 0700 Hlf tT» 1300 "oils 21/ C oik 1/7 in in 013S 5/7 «/7 «/7 014S 1/7 in VI 015$ 12/7 13/7 13/7 01SS 15/7 11/7 18/7 017S 15/7 M/
      211 words
    • 516 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Cm fa fm Hvr«tf| to C*rri|r Irti Mmk| Mwnc SWt S TON HBUK "MM KM Hrtirt. StoctMm KATSMGI Ml 7) ?7 I II 1 11/7 15, 7 *ottfd»c io Artvarp *m»trdjm yac Hhw* mMB«/l» JO t 17/7 19 7 22 1 2J/7
      516 words