The Business Times, 12 July 1991

Microfilm: NL17605
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Friday, July 12, 1991 75*
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  • NEWS SUMMARY
    • Article
      Britain to have new health warnings on cigarette packets
      61 1 LONDON Britain said it planned to make tobacco companies print tough new health warnings on cigarette packets including one saying "Smoking kills". From next year, the warning "Tobacco seriously damages health" will appear on the front of all cigarette packets and
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    • Article
      India opens oil fields to private sector
      66 1 NEW DELHI India will soon offer 75 oil and gas fields to foreign and domestic prospectors and throw oil exploration open to its private sector in decisions delayed almost a year because of the Gulf crisis. The onshore and offshore blocks offered include
      66 words
    • Article
      Investments to rise
      24 1 TWO major Japanese components companies will be increasing their investments to expand operations here within the next two years Page 2
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    • Article
      Pressure on Kaifu
      32 1 JAPANESE Prime Minister Toshiki Kaifu was expected to face strong pressure from US President George Bush to open his country's tightly guarded rice market during talks yesterday Page 10
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    • Article
      No rush to Pretoria
      35 1 THE END of a five-year US economic embargo against South Africa will not touch off a run by US companies and investors to put money there, say business experts. Page 10
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    • Article
      Vote to end MFN
      44 1 THE HOUSE has handed US President George Bush a major defeat by voting to cut off China's most-favoured-nation trade status with the US and to attach conditions on human rights and other issues to its renewal in 1992 Page 11
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    • Article
      Wiluan sets own pace
      19 1 KRIS WILUAN has no desire to turn his Citramas group into a conglomerate Page 14
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    • Article
      Latest on grapevine
      14 1 THE MISSION GRAPE is making a comeback in California Page 17
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    • Article
      Turbomeca unit set up
      28 1 FRENCH turbine engine producer Turbomeca has set up a subsidiary in Singapore to beef up its presence in the Asia-Pa-cific. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET showed a moderate gain early yesterday as interest rates fell slightly. The Dow Jones average of 30 industrials rose 7.60 to 2,952.37 in the first hour of trading.
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    • Article
      Footsie Higher
      28 1 LONDON share prices were higher at midday yesterday. At about 1115 GMT, the FTSE 100-Share Index was up 13.8 points, or 0.5 per cent, at 2,522.2.
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    • Article
      Berjaya moves ahead
      23 1 BERJAYA Corporation (M) Bhd is going ahead with two new resort projects and four condominium projects in Selangor Page 3
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    • Article
      Stake in Brierley
      27 1 TEMASEK Holdings and the Government of Singapore Investment Corporation now hold a 6.6 per cent stake in New Zealand-based Brierley Investments Ltd Page 3
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    • Article
      NTT looking abroad
      25 1 NIPPON Telegraph and Telephone Corp, the world's largest company by market capitalisation, is now planning to take on projects overseas. Page 4
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    • Article
      HK Bank to expand
      21 1 HONGKONGBANK is planning to expand its banking network in Shanghai and other parts of China Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Thursday Change BT-MGA 706.61 -096 Kuala Lumpur ....603.76 -4-35 Tokyo 22,937.92 -183.38 Hongkong 3,892 12 -9.11 Sydney S341. Wednesday Chance New York 2,944.77 London 2,508.4 +20.5
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    • Article
      CURRENCIES
      22 1 Exchange rates USS ss 1.7585 100 Yen SS 1.2678 MS SS 0.6307 Money market rates Overnight 4-5/8 5/8 3-month 5-7/8 unch
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    • Article
      COMMODITIES
      39 1 London Gold AM fix US$368.85 -US$1.35 Rnbbor S pore Aug 144.00*/kg +0.25 M'sia Aug 229.50«/kg unch KL Tin Turnover 28 tonnes +5 Spot M$ 15.40 /kg -0.05 Crude Mint oil Turnover 990 lots -381 July M$805 /tonne -7
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  • Article
    Acma plans to tie up with S'pore and HK firms
    576 1  -  One of them linked with Macau casino king Stanley Ho By William Chia and Lee Han Shih FAST-MOVING electronics group Acma Ltd is aiming to become a regional powerhouse with a plan to link up with a number of Singapore
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  • Article, Illustration
    S$ strengthening against £, A$, NZ$
    390 1  - S$ strengthening against A$, NZ$ NZ$ worth less than S'pore unit for first time in history By Chew Eng Han NOW is the best time for Singaporeans to visit Britain, Australia and New Zealand, for the local dollar has recently been hitting new highs against the currency of these three
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  • Article
    Hoteliers may review room rates for Japan tour groups
    433 1  -  By Sylvia Wong MAJOR HOTELIERS are meeting early next week to work out a marketing initiative that could include lowering room rates for Japanese tour groups. PR Gopal, the president of the National Association of Travel Agents (Natas), said the hoteliers
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  • Article
    Lock icon Japan's EC trade gap up almost 50pc
    142 1 AP Reuter TOKYO Japan's politically explosive trade surplus with the European Community rose by nearly 50 per cent in June and the gap with the US narrowed, the finance ministry said yesterday. Overall, Japan's trade surplus widened to an adjusted U557.26 billion (S$
    AP; Reuter  -  142 words
  • Article
    Calls in HK for probe into insider trading
    494 1  -  From Catherine Ong in HONGKONG HEAVY TRADING in the Hongkong stock and futures markets in the days before the announcement of the Sino-British airport deal has prompted calls for a government investigation into insider trading. But the Securities and Futures Commission (SFC),
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  • Article
    Lock icon One standard for VCRs
    84 1 AFP TOKYO Japan's Sony Corp, Hitachi Ltd and Matsushita Electric Industrial Co are to adopt common standards in producing highvision videocassette recorders (VCRs). Sony, Hitachi and Matsushita had been each conducting their own research but had combined their latest technologies in order to propose a new
    AFP  -  84 words
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      Page 1 Advertisements Column 1
      328 1 Watches of Switzerland Stores at: #01-16 Scotts Shopping Centre Tkl: 737 3708/*****43 #02-06 Wisma Atria Tel: *****48/*****04 B #01-32/33 The Forum Tfcl "34 0919 BUCHERER Arcraft Schedule 27 Money Market 25 World News 10.11 Commodities 26 Regional Co News Cryptic Crossword 27 Regional News S Editorial 12 Reponal Stock Martets
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      Page 1 Advertisements Column 2
      34 1 Soonann to proceed with.E Coast hotel project. Back Pg BT Investment Race: Turn to Page 6 for the fifth Money Coupon that you need to cut out to join the BT $100,000 investment challenge.
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      Page 1 Advertisements Column 3
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      4 1 Market Talk, Pg 3
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Johor's Mentri Besar to give key-note address
        55 2 THE Mentri Besar of Johor, Tan Sri Muhyiddin Yassin, will be delivering the key-note address at the Second Asia-Pacific Conference of Management Consultants to be held on Aug 22-23 in Singapore. He will be speaking on the topic "Masterminding major changes that have
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      • Article
        Bilateral navy exercise
        66 2 THIS year's bilateral naval exercise between the Royal Thai Navy (RTN) and the Republic of Singapore Navy (RSN) will be held in the Gulf of Thailand from today till July 18. The eighth in the series, it will see the participation of four RTN and five RSN
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      • Article
        New uniforms for TDB officers
        62 2 FEMALE clerical officers in the Trade Development Board who come into contact with the public have adopted new uniforms. They now have the choice of three differently designed long-sleeved blouses, all in white, three skirts and matching jackets in grey, navy blue and electric blue
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      • Article
        Heritage exhibition
        75 2 TANJONG PAGAR Heritage Ltd, a wholly-owned subsidiary of DBS Land has offered a shop unit at Neil Road for an exhibition on people, lifestyle and historical developments of the Tanjong Pagar district. The exhibition, "Tanjong PagarSingapore's cradle of development" was launched in 1989 by the Tanjong Pagar Citizens
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      • Article
        Special stamp issue
        82 2 SINGAPORE Telecom will release a set of stamps with the "Orchids" theme on Aug 7, to promote the Singapore Dress. A press release from Telecom says that the close association of orchids with Singapore and the beauty of these flowers make them an appropriate motif for the
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    • Article, Illustration
      Matsushita, Murata to expand operations in Singapore
      350 2  -  By Michelle Low TWO major Japanese components companies will be increasing their investments to expand operations here within the next two years. Matsushita Electronic Components (Sincom), part of consumer electronics giant Matsushita which already has more than $1 billion in investments here, is
      350 words
    • Article
      Sisir may soon be an accredited test laboratory for IEC
      203 2 THE Singapore Institute of Standards and Industrial Research may soon be an accredited testing laboratory for the International Electrotechnical Commission (lEC). Pending now is the application it made recently for accreditation to the lECEE scheme, or the 'lEC system for
      203 words
    • Article
      Archive shifts production, trims workforce
      264 2  -  By William Chia US-BASED computer tape drive maker Archive Corporation is transferring three new high-technology products from the United States to its local operations. At the same time, it is cutting down its workforce here as Archive Singapore will concentrate on the newer technology and
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    • Article
      InsureNet expected to have pilot run by next April
      242 2 INSURENET, an electronic communications network aimed at linking members of the local insurance industry, will have its first pilot run by next April. According to the bimonthly Asia Insurance Review (AIR), Insure Net is expected to go "live" two months after
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    • Article
      French reinsurer raises profile here
      255 2 IN A MAJOR restructuring of its Asian business, French reinsurer SCOR is stepping up its operations in Singapore. According to the latest insurance bi-monthly Asia Insurance Review, the French reinsurance group has increased the paid-up capital of its Singapore-based SCOR Pacific from US$lO million to
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lock icon Ishak Ismail and IGB deny plot to acquire MUI
      415 3 MBT KUALA LUMPUR IGB Bhd and Ishak Ismail of Idris Hydraulic yesterday denied any conspiracy to take over Malayan United Industries (MUI). In a statement to the Kuala Lumpur Stock Exchange, IGB said there is no alliance with any party to
      MBT  -  415 words
    • Article, Illustration
      Berjaya may reap M$300m from condo, resort projects
      632 3  -  From Salil Tripathi in KUALA LUMPUR BERJAYA Corporation (Malaysia) Bhd, the property development company of the sprawling Inter-Pac group, is going ahead full steam with two new resort projects and four condominium projects in the Selangor state, even as property consultants are
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    • Article
      Sesdaq firms unveil expansion plans
      209 3 MATERIAL Handling Engineering (MHE) has announced plans to go into the communication electronics business, while Superior Metal Printing has acquired a new production line. MHE's new wholly-owned subsidiary, Premier Security Technology, acquired the assets, business and operations of the security systems division of Premier Co-operative
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    • Article
      Lock icon Hongkong stock market on a crazy, risky ride to 1997
      578 3 MARKET TALK Reuter HONGKONG'S politically sensitive, boom-or-bust stock market has recently been fraying investors' nerves, showing even more volatility than usual. Just over a month ago, the blue-chip Hang Seng Index plunged 128.46 points, or 3.5 per cent, in a
      Reuter  -  578 words
    • Article
      Lock icon MBf Finance stands to gain M$434m tax benefit from KUMB takeover
      270 3 MBT KUALA LUMPUR MBf Finance Bhd will enter into a new phase of growth and taxfree profitability once it completes the proposed takeover of the assets and liabilities of Kewangan Usahasama Makmur Bhd (KUMB). This tax-free growth phase will
      MBT  -  270 words
    • Article
      Temasek and GIC up stake in Brierley to 6.6pc
      281 3  -  By Schutz Lee TEMASEK Holdings and the Government of Singapore Investment Corporation (GIC) now hold a 6.6 per cent stake in New Zealand-based Brierley Investments Ltd (BIL). According to a joint statement to the New Zealand Stock Exchange earlier this week,
      281 words
    • COMPANY BRIEFS
      • Article
        New rule for new share issue application
        148 3 ALL INVESTORS applying for new share issues after the outstanding two SAL Leasing and San Teh must hold a securities account with the stock exchange. Otherwise, their applications will be rejected, an SES spokesman said at a. press conference yesterday. These securities accounts
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      • Article
        New UOB appointment
        49 3 UNITED OVERSEAS BANK group has appointed James Kou as first vice-president and head of derivatives trading within the bank's investment banking unit. Mr Kou has a master's degree in international management and 15 years of banking experience. He has worked in China, the US and Hongkong.
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      • Article
        SIA unit gets new director
        40 3 SINGAPORE Airlines announced that Kozo Nakamura has been appointed a director of its subsidiary company, Singapore Jamco Private Ltd, effective June 28. He replaced Keisui Sudo, who has resigned from the company's board of. directors.
        40 words
      • Article
        Central Properties' results
        78 3 CENTRAL PROPERTIES Ltd said turnover at the company level rose 3.1 per cent to $5.36 million for the six months ended June 30. The company's unaudited results released yesterday showed that profit attributable to shareholders rose 7 per cent rise to $3.62 million from $3.38 million a
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      • Article
        OCBC's share capital rises
        52 3 OVERSEA-CHINESE Banking Corporation (OCBC) has informed the SES that, as a result of the exercise of options pursuant to the bank's executive share options scheme as well as the exercise of Warrants 95 by shareholders, its issued and paid-up capital as at June 30 stands at
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      111 3 I ve switched to ANA Hotel Singapore. A k ANA HOTEL SINGAPORE FOR THE WORLD'S MOST TREASURED WATCHES ;i| "X PHILIPPE One establishment in Singapore houses some of the worlds most The name: Cortina Watch Centre. quality timepieces an rare S5 ;4 Drop by soon to of Patek Philippe-the largest
      111 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        NZ Telecom issue may be oversubscribed
        107 4 AUCKLAND The public share issue of Telecom Corp of New Zealand is likely to be oversubscribed in New Zealand, lead manager Fay Richwhite and Co said. Owners Ameritech Corp and Bell Atlantic Corp are selling 420 million shares, including 140 million in New Zealand,
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      • Article
        Santos signs A$1b gas contract
        114 4 SYDNEY Santos Ltd said it has signed a one billion Australian dollar (S$ 1.35 billion) 10-year contract with eight partners to sell 300 petajoules, or about 280 billion cubic feet, of natural gas from southwest Queensland to South Australia. Santos is the operator of the
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      • Article
        Tokyo exchange to delist firms
        96 4 TOKYO Two Japanese firms will be delisted or demoted on the Tokyo Stock Exchange (TSE), and a spate of others may also follow suit for not meeting exchange requirements, a TSE official said. Cornering of shares leading to a lack of the required number of
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      • Article
        Pakistan stops forward trading
        61 4 KARACHI Pakistan has halted forward trading in shares for 60 days following an abnormal rise in prices, a Karachi Stock Exchange (KSE) spokesman said. July settlements mature on July 17, but August settlements have been stopped following big fluctuations in forward trading in ICI, National Motors,
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      • Article
        Inalum pays less tax
        45 4 JAKARTA Income tax paid by PT Inalum, a JapaneseIndonesian aluminium smelting company, declined by 25.3 per cent to US$5.3 million last year from $7.1 million in 1989 due to the decrease of its annual incomes, says a spokesman for the company.
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    • Article
      Lock icon Philippine court allows Cojuangco to inspect San Miguel's books
      256 4 Reuter MANILA The Philippine Supreme Court upheld the right of industrialist Eduardo Cojuangco to inspect the records of San Miguel Corp (SMC), where his 19 per cent equity stake is under government sequestration. It dismissed a petition by the Presidential Commission
      Reuter  -  256 words
    • Article
      Japan telecoms giant NTT plans overseas projects
      346 4  -  By Conrad Raj and Joseph Rajendran SINGAPORE A sleeping giant has finally awoken to the world beyond its shores. Nippon Telegraph and Telephone Corporation (NTT), the world's largest company by market capitalisation, is now planning to take on projects overseas. NTT President Masashi
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    • Article
      Lock icon PNB plans to list shares overseas
      198 4 Reuter MANILA The state-con-trolled Philippine National Bank (PNB) plans to list its shares in financial centres overseas through a facility called the global depository receipt, PNB President Edgardo Espiritu said. He said the bank will consult officials of Credit Suisse First Boston, said to
      Reuter  -  198 words
    • Article
      Lock icon Taiwanese firm in joint venture with Volkswagen
      226 4 AFP TAIPEI German car giant Volkswagen AG and Taiwan's Ching Fong Investment Co (CFI) on Wednesday signed a contract to form a US$2OO million (SS34O million) joint venture here to produce commercial vehicles, the companies' executives said. Ching Fong Investment held two-thirds of
      AFP  -  226 words
    • Article
      Lock icon Sony looks at digital units compatible with cassettes
      322 4 Compromise move in high-stakes format war AP TOKYO Japan's Sony Corp may compromise in a high-stakes format war and make digital tape recorders that are compatible with cassette tapes, although it recently announced a separate digital recording system, officials say. Sony's rival,
      AP  -  322 words
    • Article
      Lock icon Accor withdraws covered warrants on Mandarin Oriental
      281 4 Reuter HONGKONG A plan by France-based hotel chain Accor to issue 83 million covered warrants on local hotel group Mandarin Oriental International has been withdrawn due to poor response, said an executive with Indosuez Asia (ISA), manager of the issue. "Some investors declined
      Reuter  -  281 words
    • Article, Illustration
      Thai coal firm plans expansion
      391 4 BANGKOK Ban-Pu Coal Co of Thailand is expanding its coal export network worldwide with plans to use Australia, Indonesia and China as its production bases, the Bangkok Post reported earlier this week. The company's managing director, Chanin Vongkusolkit, said Ban-Pu had acquired shares in an
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      Page 4 Advertisements Column 2
      117 4 Trot down to v where memories I become an ial experience V V Nostalgia is in the air at The Y Y 1 Derby. Take a walk down i^rßPf Y memory lane with the exciting L Y and versatile Fhilippino band LJufl- T. Y Y DTMAGE. Daily showtimes Y (except
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Borland to acquire Ashton-Tate in stock swap
      492 5 NYT SAN FRANCISCO After years of successfully beating up on Ashton-Tate Corp and its dßase software, Borland International Inc said on Wednesday that it would acquire its rival in a stock swap valued at US$439 million (***** million). Borland's Paradox data base software
      NYT  -  492 words
    • Article
      Lock icon Areas of mutual interest in talks with Pirelli, says Continental
      220 5 Reuter HANOVER Tyremaker Continental AG has found areas of mutual interest in talks with Italy's Pirelli SpA, the German firm's management board spokesman Wilhelm Winterstein said. The two firms have agreed not to make any statement about the talks until
      Reuter  -  220 words
    • Article
      Lock icon Motorola second quarter hit by recession
      361 5 Reuter SHAUMBURG, Illinois Motorola Inc, reporting lower second quarter profits, said recession in the US and parts of Europe hurt both sales and earnings during the period. "There are a few indications that the US economic cycle has bottomed out and has begun to
      Reuter  -  361 words
    • Article
      Lock icon Germany's Asko sees profit double within next 5 years
      424 5 Reuter FRANKFURT Asko Deutsche Kaufhaus AG, the German trading group, said tax benefits resulting from its 1990 purchase of food retailer Co-op AG would help it double group operating profits within the next five years. "I am convinced we can achieve
      Reuter  -  424 words
    • COMPANY BRIEFS
      • Article
        French firm Bull says EC probe is routine
        71 5 PARIS Cie des Machines Bull said it views a European Commission probe into French government plans to aid theFrench computer maker as routine and is confident that Bull does comply with EC rules. "The inquiry is a routine procedure," a Bull spokesman
        71 words
      • Article
        Pathe drops injunction request
        87 5 NEW YORK Credit Lyonnais SA's Credit Bank Lyonnais Nederland NV said MGM-Pathe Communications has.» withdrawn its request for a temporary restraining order against the bank after the bank said it will not seek to unseat Pathe's current directors and officers and would not interfere with Pathe's
        87 words
      • Article
        M&S clothing sales hit
        72 5 LONDON Retailer Marks and Spencer pic said clothing sales in the first three months of this financial year hav6 been affected by poor weather. However, it said food sales have been less affected by the difficult trading conditions. Chairman Richard Greenbury told the firm's annual meeting,
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      • Article
        Carrefour may sell assets
        64 5 PARIS French hypermarket group Carrefour could sell assets or stakes in its subsidiaries to pay off debts it took on to buy competitor Euromarche last month, chairman Michel Bon said in an interview. He said the takeover cost eight to nine billion francs (552.3 to 2.6
        64 words
      • Article
        Glynwed sells Canadian unit
        88 5 LONDON Glynwed International pic said it has sold its Canadian metals distributor Amari Metals Inc for Cs7.l million (SS 10.9 million) to Samuel Son and Co. Glynwed metal services chief executive Alex Miller said in a state- T ment that because Amari was a medium-sized business
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      • Article
        Belgium's UCB sells stake
        81 5 BRUSSELS Belgian chemicals firm UCB SA said its remaining 50 per cent stake in polyethylene producer Vistal has been sold to Ewald Schoeller and Co GmbH, a major European producer of polyethylene. In a statement, UCB said it hived off the polyethylene activities of its Ghent
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      132 5 HE&^ The stunning new Mitsubishi Sigma: '90-'9l Japanese Car of The Year; a DOHC. electronically controlled multi-point fuel-injected 3 litre V 6 that produces maximum power of 151 kw. Fitted with MICS. the Mitsubishi Intelligent Cockpit System that automatically adjusts seats to your desired position; equipped with automatic climatic and
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Citicorp may lay off more workers
        113 6 NEW YORK Citicorp acknowledged on Tuesday it may lay off as many as 17,000 people under its cost-cutting programme, about 10,000 more than previously announced. Chairman John Reed made the announcement last week when talking to a group of summer interns, according to Bank
        113 words
      • Article
        Rise in UK fraud cases
        114 6 LONDON Britain's Serious Fraud Office (SFO) investigated or prosecuted cases involving £1.6 billion in the year to April 1991, an increase of £400 million over the previous year, it said in its annual report. The SFO, set up in 1987 under the Criminal Justice Act
        114 words
      • Article
        US panel backs securities rules
        87 6 WASHINGTON The US Senate Banking Committee approved a bill that would allow bank regulators and the National Association of Securities Dealers to adopt sales practice rules for government securities. The provision was part of the reauthorisation of the Government Securities Act, which is due to
        87 words
      • Article
        BNL's operating profit up
        103 6 ROME Italy's state-owned Banca Nazionale del Lavoro (BNL) had a gross operating profit of about 400 billion lire in the first five months of the year, Treasury Minister Guido Carli said. BNL said its gross operating profit rose about 30 per cent in the five months
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      • Article
        Japan insurers may shift funds
        90 6 TOKYO A further drop in Japan's money market rates could prompt local life insurers to shift funds that have piled up in the form of cash yen or short-term domestic instruments, fund managers said. But the shift may not lead to a big recovery in
        90 words
    • Article
      Lock icon New Zealand's DFC to sue Security Pacific Australia
      258 6 Reuter WELLINGTON DFC New Zealand, which was placed in statutory management by the government in 1989, said it would issue court proceedings against Security Pacific Australia, a subsidiary of Security Pacific Corp. The proceedings arose out of SecPac's purported termination of a
      Reuter  -  258 words
    • Article
      HongkongBank seeks to expand network in China
      323 6  -  By Quak Hiang Whai SINGAPORE HongkongBank is planning to expand its banking network in Shanghai and other parts of China, a Hongkongßank official told BT. The bank is seeking approval from Chinese banking authorities to open more branches in that city and other
      323 words
    • Article, Illustration
      Lock icon Greenspan nominated to second term as Fed chief
      170 6 UPI WASHINGTON President George Bush nominated Alan Greenspan on Wednesday to a second four-year term as chairman of the Federal Reserve Board. There had been speculation that Mr Bush would replace Mr Greenspan, who has earned widespread admiration for his handling of
      UPI  -  170 words
    • Article
      Lock icon We gave cash pledge, says Abu Dhabi
      459 6 The BCCI crisis Reuter DUBAI The Abu Dhabi owners of the Bank of Credit and Commerce International SA (BCCI) promised cash to restructure the bank months before the Bank of England (BOE) closed it down for alleged fraud, sources in the United Arab
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Japan to deregulate interest rates on savings accounts
      362 6 NYT TOKYO Responding to US pressure, Japan will deregulate interest rates on savings accounts by early 1994, Japan's Finance Ministry said on Tuesday. The annual interest rate on savings accounts is now fixed at 2.08 per cent. The government will also eliminate
      NYT  -  362 words
    • Article
      Lock icon S&P cuts Japanese banks' ratings
      212 6 AFP TOKYO Standard and Poor's Asia Ltd said it had cut the credit ratings of 14 Japanese banks in the six months to June. This was the highest number of downgrades since it started rating Japanese banks in 1975. "The rating actions reflect the structural
      AFP  -  212 words
    • Article
      Telerate, Japanese group to start forex matching service
      247 6 SINGAPORE Financial information giant Telerate has entered into preliminary agreement with an organisation representing a group of Japanese banks and brokers to introduce an exclusive global foreign exchange matching service. It signed a letter of intent with Minex Corporation from Japan to
      247 words
    • Article
      Lock icon Textile firm to sue Bank of England over closure
      311 6 Financial Times LONDON Solicitors acting for BRS Kumar, a Man-chester-based textile company, yesterday planned to issue writs against the Bank of England (BOE) for negligence and a breach of its statutory regulatory duty arising from the closure of Bank of Credit
      Financial Times  -  311 words
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      165 7 Our HP Account Manager was fast asleep when he It's no idle boast, and it's not all we can do for you. Even if it does mean missing the odd Sunday got the call from DHL. But within minutes he was in For instance we > re on hand non-stop,
      165 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Ramos quits to focus on presidential bid
        77 8 MANILA Philippine Defence Secretary Fidel Ramos has tendered his resignation to President Corazon Aquino to enable him to concentrate on his bid to become the country's next president next year, a government spokesman said yesterday. No replacement as well as the effective date
        77 words
      • Article
        Watch jobless rate: Hawke
        87 8 CANBERRA There is no doubt Australia is coming out of recession but the fall in the June jobless rate must be viewed with caution, Prime Minister Bob Hawke told reporters. However, he said that the employment indicator is generally the last to show a recovery. "I
        87 words
      • Article
        Base repair may cost US$800m
        70 8 WASHINGTON A preliminary study indicates it could cost US$BOO million (Ssl.4 billion) to repair volcano damage at Clark Air Base in the Philippines and the United States may decide to abandon the base, US defence officials said. But the officials said no decision had been
        70 words
      • Article
        Thai meat needs to be certified
        90 8 KUALA LUMPUR Thai meat exports to Singapore must comply with certain sanitary conditions if they are transported through Malaysian territory, veterinary services department deputy director-general Datuk Dr Kardin Haji Shukor said yesterday. The meat must come from an area that is free from foot-and-mouth
        90 words
    • Article
      Lock icon M'sian inflation rate not alarming: Anwar
      285 8 Bernama KUALA LUMPUR Malaysia's present inflation rate is not alarming and is still among the lowest in the world, Finance Minister Datuk Seri Anwar Ibrahim said yesterday. However, the people should save more and not spend beyond their means to help the government control
      Bernama  -  285 words
    • Article
      Lock icon Aquino Cabinet approves 308b-peso budget
      260 8 Provisions for rehabilitation and reconstruction Reuter MANILA President Corazon Aquino's Cabinet has approved a national budget of 308.4 billion pesos for 1992 and will submit this to Congress later this month. Budget Secretary Guillermo Car ague said on Wednesday that the revised budget proposal included
      Reuter  -  260 words
    • Article, Illustration
      This one's for the turtles
      57 8 JAKARTA A shopkeeper lines up stuffed turtles, mostly from the resort island of Bali, in his store in north Jakarta yesterday. Each turtle costs up to US$25 (Ss44). Greenpeace said this week that tourists could help stop the slaughter of thousands of turtles a year
      57 words
    • Article
      Lock icon Thais seek more foreign investment
      320 8 AFP BANGKOK Thailand is to intensify its efforts to attract more foreign capital as investments from Japan and Taiwan dwindled last year, a Board of Investment (BOl) official said yesterday. According to 801, a total of 144 Taiwanese industrial projects worth 19.6 billion baht (US$57B4
      AFP  -  320 words
    • Article
      Lock icon Indonesia raises electricity and fuel prices
      332 8 Reuter JAKARTA Indonesia announced sharp increases in fuel and electricity prices on Wednesday and economists said it could spur inflation. Electricity prices will rise by an average 20 per cent from Aug 1, while the cost of fuel, including kerosene and petrol, jumped by
      Reuter  -  332 words
    • Article
      Aussie recession to bottom out by end-1991: bank
      411 8  -  By Quak Hiang Whai SINGAPORE The recession in Australia will bottom out within the next six months and a recovery will be apparent next year, according to a forecast by an Australian bank. The country's gross domestic product will decline 0.3 per
      411 words
    • Article, Illustration
      Lock icon Disputed border land belongs to M'sia: Thailand
      255 8 Oana-TNA BANGKOK Thai Foreign Minister Arsa Sarasin has said that Malaysia has territorial sovereignty over the so-called "no man's land" which has created conflicts between Thailand and Malaysia for decades. He said Thai government agencies concerned, including the military, had already accepted Malaysia's
      Oana-TNA  -  255 words
    • Article
      Lock icon Hanoi plans to liquidate state companies' debt
      152 8 Reuter HO CHI MINH CITY The Vietnamese government has formed a special commission to liquidate more than US$l billion in debt held by thousands of state-owned companies, a senior bank official said. Huynh Buu Son, deputy managing director of the Saigon Bank for
      Reuter  -  152 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      656 8 II ~&L I Hai Sun Hup Group Ltd (Incorporated in N nepublc of Singapore) NOTICE 18 HEREBY GIVEN that to Thirteenth Annual General Meeting of to Company will be 1 held at to Tudor Balroom, Goodwood Park Hotel on Monday, 5 August 1001 at 11.00 am to transact the following
      656 words
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      Page 8 Advertisements Column 2
      49 8 |4D/ UN KENYA/ SEYCHELLES/ TANZANIA SPECTACULAR 14D/ I3N KENYA/ SEYCHELLES SPLENDOUR |4D/ 13N KENYA/ SEYCHELLES GOLfTNG SAFARI (Windsor CC, AbardJU* C.C, Mt Kanya Safari CXJ I4D/ 13N ORNITHOLOGICAL STUDY 7D/ 6N PARADISE IN SEYCHELLES (DMnaaUDoaaakl D*[wt» EVUtT WPS wt* cJhM— l<°» MX TRfr/ELWINQS *****28gl #03-07 PEOPLE'S PARK CENTRE I
      49 words
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      Page 9 Advertisements Column 1
      33 9 v s SSjfc, T H~i OLJ 0 C 11k j&smmm> l^ti®f/ ifiM ■< t tl TAG-Heuer and Formula 1 World Champion Constructors J B^^tifl McLaren International are part of the TAG Group. V M***®*^
      33 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Bush considering strike against Iraq
        96 10 WASHINGTON US President George Bush is actively considering a military strike against Iraq to wipe out its remaining nuclear programme, which had been much larger than previously thought, says NBC television. The US was analysing spy satellite photographs of about 100 potential new targets where
        96 words
      • Article
        US book-to-bill ratio down
        82 10 SAN JOSE The US Semiconductor Industry Association has reported that the American book-to-bill ratio dropped to 1.01 last month from 1.04 in May. A book-to-bill ratio of 1.00 means that for every US$lOO (Ssl76) of products shipped, or billed, manufacturers receive US$lOO in new orders, or
        82 words
      • Article
        Switzerland lifts Pretoria ban
        67 10 BERN Switzerland has announced the lifting of a ban on the export of capital to South Africa. The Swiss Federal Finance Ministry said on Wednesday that it had asked the central bank to lift restrictions which had been in force since 1974. Switzerland, which is not
        67 words
      • Article
        Conable makes farewell plea
        88 10 WASHINGTON Outgoing World Bank president Barber Conable said farewell on Wednesday with a plea to Americans to recognise their strong economic ties with the rest of the world. He pointed out that in the 1950s and *****, international trade accounted for only 7.9 per cent of
        88 words
      • Article
        Seoul raises beef, pork quotas
        82 10 SEOUL In a price stabilisation move. South Korea has decided to drastically increase its import quotas for beef and pork this year. The Agriculture, Forestry and Fisheries Ministry said yesterday that under the government decision, the 1991 beef import quota was reset at 115,000 tonnes,
        82 words
      • Article
        Li Peng in talks with King Fahd
        139 10 RIYADH Chinese Prime Minister Li Peng met King Fahd of Saudi Arabia on Wednesday to discuss economic cooperation as well as the post-war situation in the Gulf. Saudi officials said Mr Li, on his first visit to Saudi Arabia since diplomatic ties were
        139 words
    • Article
      Lock icon Iraq asks UN to ease economic sanctions
      194 10 AFP UNITED NATIONS The Iraqi government has pleaded with a UN sanctions committee to permit the sale of US$l.5 billion (552.6 billion) of Iraqi crude and allow some access to frozen funds. In a letter sent to the UN Sanctions Committee on Wednesday,
      AFP  -  194 words
    • Article, Illustration
      Lock icon Bush expected to press Kaifu to open rice market
      477 10 Both also likely to agree on slow approach to aid for Moscow Reuter BOSTON Japanese Prime Minister Toshiki Kaifu was expected to face strong pressure from US President George Bush to open his country's tightly guarded rice market during talks yesterday.
      Reuter  -  477 words
    • Article, Illustration
      Lock icon US companies unlikely to rush back to S Africa
      352 10 Reuter NEW YORK The end of a five-year US economic embargo against South Africa will not touch off a run by American companies and investors to put money there, say business experts. "I don't anticipate a gold rush," said international management
      Reuter  -  352 words
    • Article
      Lock icon IMF, World Bank plan ways to help Soviet Union
      393 10 Reuter WASHINGTON The International Monetary Fund (IMF) and World Bank have begun to plan ways to help the Soviet Union reform its economy in anticipation of Moscow joining them as an associate member soon, IMF and Bank sources said. They said
      Reuter  -  393 words
    • Article
      Lock icon Japan to lift Pretoria sanctions soon, says Tokyo press
      240 10 Reuter TOKYO Japan will lift economic sanctions against South Africa by the end of this month, Tokyo newspapers said yesterday, but officials and diplomats say the change would take longer. The Cabinet would lift the sanctions once Prime Minister Toshiki Kaifu
      Reuter  -  240 words
    • Article
      Lock icon Developing nations' external debt rises
      238 10 Reuter BASLE Spurred by a build-up of bank borrowings by China, Taiwan, South Korea and Indonesia, the external indebtedness of developing countries rose sharply in the second half of last year after a steep fall in the first half. Developing countries increased liabilities by US$25.O
      Reuter  -  238 words
    • Article
      Lock icon India likely to get IMF, World Bank aid
      239 10 Reuter WASHINGTON The International Monetary Fund (IMF) and World Bank look likely to lend cash-strapped India hundreds of millions of dollars in the coming weeks, which would help the country avoid defaulting on its huge foreign debt. The IMF, encouraged by steps
      Reuter  -  239 words
    • Article, Illustration
      Lock icon US House votes to end China's favoured status
      436 11 Defeat for Bush seen as largely symbolic gesture Reuter WASHINGTON The House has handed US President George Bush a major defeat by voting to cut off China's most-favoured-na-tion trade status with the US and to attach conditions on human rights and other
      Reuter  -  436 words
    • Article
      Lock icon Beijing reacts with plan to shift markets to Third World
      399 11 Reuter BEIJING China, smarting from a US House of Representatives vote to cut its preferential trade status, plans to shift markets away from the West by boosting trade with the Third World. "It is imperative for us to carry out
      Reuter  -  399 words
    • Article
      Lock icon Taiwan allows more foreign labour for certain sectors
      302 11 AFP TAIPEI Taiwan yesterday widened criteria for imports of foreign workers, allowing them to join six selected la-bour-intensive industries amid an acute labour shortage plaguing the island's manufacturers. Premier Hau Pei-tsun approved the relaxation in response to calls by local manufacturers and
      AFP  -  302 words
    • Article
      Lock icon Higher US growth rate needed to lift wages
      173 11 Reuter NEW YORK US economic growth will have to be considerably higher than most current projections to generate significant increases in either company profits or workers' wages, according to the Conference Board. Gail Fosler, chief economist of the business research group, said
      Reuter  -  173 words
    • Article, Illustration
      Lock icon Farm lobbies attack EC reform plan
      439 11 Reuter STRASBOURG The European Commission's plan to reform the EC's controversial agriculture system has received a cautious welcome outside the bloc, but farm lobbies within it have gone on the attack. EC farm commissioner Ray MacSharry got his fellow commissioners to give him the
      Reuter  -  439 words
    • Article
      Lock icon Bonn claims Comecon debt owed to E Germany
      149 11 Reuter BONN Members of the dissolved communist economic bloc Comecon owed the former East German state 23.4 billion marks (5522.7 billion) and Bonn wants it back, said the German Finance Ministry on Wednesday. But the German government, hit by the soaring costs
      Reuter  -  149 words
    • Article
      Lock icon Bonn cautious despite 7pc rise in east German output
      205 11 AP BERLIN Industrial output in the former East Germany rose 7 per cent in March. But the German government has refrained from calling it a reversal of the depression that followed unification. German Economics Minister Juergen Moellemann on Wednesday called the
      AP  -  205 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      480 10 Unibank Consolidated Balance Sheet Consolidated Profit and Loss Account as at 31st December 1990 1989 1990 1989 (DKK '000) (DKK 000) (DKK '000) (DKK 000) nterest etc reC eived 34,217,783 27,897,556 Assets Interest paid 25,926,586 20,256,456 Cash in hand 2,293,118 2,511,694 Net income from interest and Balances with the Danish
      480 words
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      Page 11 Advertisements Column 1
      78 11 v ,v v .'".V a > vv:-- i%-" v r ik* r ->*- P;i -fV JM A P f '>V T» m Z-r»X JyM^M!lp/;*«''*ls -V-"<* v *£->v%r$Mp B fr v Tr Tfc ■i ■> ii.il **/»Ir n H II v 11 if %11^*ir~ir.".. 1 I II ft Mr HSMniwl II
      78 words
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  • Article
    The colour of money
    475 12 EDITORIAL THE EXPECTED collapse of the Bank of Credit and Commerce International after concerted global regulatory action has ramifications beyond the world of banking. It signals the importance of close cooperation between regulatory authorities worldwide to combat the menace of illicit wealth. Since 1988, when the
    475 words
  • WHAT THE OTHERS SAY
    • Article
      A question of choice
      331 12 YUGOSLAVIA has long passed the point where a constitutional settlement could have worked; any attempt to try and preserve the status quo, by whatever name, will only delay the inevitable, and maybe not very long, either. This is not to suppose, however, that the independence of
      331 words
    • Article
      Accepting South Africa
      80 12 WHILE the international community may feel satisfied that apartheid is no longer practised, at least legally, in South Africa, facets of the old rule still remain. The recent African National Congress conference clearly shows that the Blacks are divided. While the Blacks are much to blame for
      80 words
    • Article
      Soviet split is inevitable
      111 12 THERE IS REASON to believe that the 29th Soviet Communist Party congress will see a major split within the party. In the long term, a major Soviet communist split will do more good than harm to Soviet social progress and the Soviet people. It also conforms
      111 words
  • REGIONAL VIEWPOINTS
    • Article
      Out of sight, out of shame?
      141 12 THE Duang Pitak and Phai Singto slum dwellers were told to leave their thin strip of land along Ratchadaphisek Road by the end of August and September before the start of the World Bank/IMF meeting in October at the Sirikit Convention Centre just across
      141 words
    • Article
      Liberty different from licence
      214 12 ENACTED just five weeks ago, Hongkong's Bill of Rights is intended to be a living document encompassing some broad principles and will need to be refined through judicial precedent. One of its first tests came on Monday when District Court Judge Downey ruled that, under Article
      214 words
    • Article
      Easier for Tokyo now
      175 12 MALAYSIA has come out with a strategy to make its proposal of an East Asia Economic Group (EAEG) more acceptable to more countries, especially Japan and the US. It calls for the recognition of trade groups on both rims of the Pacific the EAEG and the
      175 words
  • Article
    Lock icon Mt Pinatubo blasts cool US bases fervour
    1114 12  -  Clifford Krauss finds Washington wondering if it wants to spend billions on facilities it will have to leave in the next few years Clifford Krauss NYT A UNITED States Air Force assessment that the Mount Pinatubo eruptions have probably caused irreparable damage to
    NYT  -  1,114 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      134 12 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! I Subscribe or renew your ssl3s (Airmail) ["subscription/renewal form i fijMMgSE Charge my American ExpresVVisa/Mastercard/Diners for SS I Please send this coupon to SINGAPORE BUSINESS Subscription Dept, I icikjccC Times Periodicals Pte Ltd, 422 Thomson Road, Singapore
      134 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      78 12 POONESBURY BY GARRY TRUDEAU rr«: AA*m*e navnAJ-mr W ITS ONE MEASURE OF SUNJNuS] PARTICULARLY IN /T THE VIMINISHEPCIOUT THA T LONG THE LOWER RANKS, V QOOO rrr** XWJIVnittOFTHZ TYRANNIZE? UNDERUN&> NO THERE IS NOTHING BUT MORNIH6, Molrk) LON6ER FEAR THE-U/RATH JOT AT THE MOUNTING j MR VW> -9GH< MHTTE LT
      78 words
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  • ANALYSIS
    • Article
      Lock icon Corporate watchdog Down Under given teeth
      809 13  -  Australia is trying to clean up the image of its capital markets and reassure investors with higher disclosure standards. Kevin Brown reports from Sydney Kevin Brown FT AUSTRALIA'S corporate regulators, arguably the least effective watchdogs of the 1980s, are acquiring some teeth. Rules are
      FT  -  809 words
    • Article, Illustration
      Lots of smoke, but where's the fire?
      1626 13  -  Yang Razali Kassim examines Bentoel's problems amid a modem-day spice war in Indonesia Yang Razali Kassim KRETEK GIANT PT I Bentoel's reported I cash-flow problem < continues to be i shrouded in mystery. 5 While it is more than apparent that something is
      1,626 words
    • Article, Illustration
      Lock icon Job-seeker's paradise
      628 13  -  With three times as many job openings as graduates, Japan faces a severe labour shortage. Yoji Ishikawa reports Yoji Ishikawa Asahi CORPORATE recruitment of students graduating next spring from junior colleges and universities becomes active in Japan from June through August, making these three months "the peak recruitment
      Asahi  -  628 words
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  • FOCUS
    • Article, Illustration
      A bit of daring always helps
      2123 14  -  Indonesia's Citramas has invested $227 million in Batam, much of it longbefore the Growth Triangle was even talked about. Andrea Borch reports on the company's plans for the region and its ambitions Andrea Borch TO KRIS WILUAN, "conglomerate" is a bad word. He has
      2,123 words
    • Article, Illustration
      More growth in the pipeline
      385 14 PT CITRA TUBINDO makes threaded pipes and accessories for the oil industry. The Jakartalisted company counts among its customers Atlantic Richfield, Caltex, Esso, Mobil, Pertamina, Petromas and Shell. The three plants in the Citramas group's pipe-threading and trading division, which includes Citra Tubindo, each year
      385 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      125 14 Nat Steel Nat Steel Ltd Incorporated in the Republic of Singapore ANNOUNCEMENT NEW WARRANT EXERCISE PRICE Pursuant to the Stock Split and Warrant Split conducted in conjunction with the conversion of the scrip-based settlement system to a book-entry (scripless) settlement system for trades in the Shares and Warrants of Nat
      125 words
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      Page 14 Advertisements Column 2
      9 14 Managers Must Manage BT shews you how every Monday
      9 words
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  • SPORTS
    • Article, Illustration
      Lock icon Holyfield-Tyson fight set for Nov 8
      628 15 AP NEW YORK Evander Holyfield, with a big assist from George Foreman, knocked out rhetoric, stopped one-upsmanship and will now defend the undisputed heavyweight championship against Mike Tyson. "The fight is done Nov 8 at Caesars Palace," said Don King, Tyson's promoter, on Wednesday
      AP  -  628 words
    • SIDE LINES
      • Article
        Player welcomes S Africa's return
        126 15 LONDON Gary Player, South Africa's former golfing champion, yesterday welcomed his country's return to international sporting competition by admitting: "That news to me is like winning a major championship." The 55-year-old, one of South Africa's greatest sporting ambassadors, began his defence of the British Seniors
        126 words
      • Article
        Stich's doing fine
        119 15 GSTAAD, Switzerland Wimbledon champion Michael Stich had no trouble adjusting from Wimbledon's grass to the clay courts in this Alpine resort, overwhelming qualifier Cyril Suk of Czechoslovakia in the first round of the U*****,000 Swiss Open. The second-seeded Stich, who took only 59 minutes to oust Suk
        119 words
      • Article
        Tocchini stuns in a bikini
        69 15 PESARO, Italy llaria Tocchini won the Italian title in the 200-metre butterfly this week but earned headlines for another reason winning the race in a bikini. In competition, women swimmers have traditionally worn a one-piece suit known as the "Olympic" model. The 24-year-old athlete was
        69 words
      • Article
        Rafferty fined
        102 15 GLENEAGLES, Scotland Ronan Rafferty was fined US$B,OOO on Wednesday for walking out of the US Open last month without explanation. The Northern Irish golfer walked off the course after nine holes of the second round at Hazeltine and flew home. He was 11-over par at the time and
        102 words
      • Article
        Herrstrom beats the odds
        89 15 STOCKHOLM Mattias Herrstrom, a 12-year-old Swedish boy who made two holes-in-one in the same round last week, beat the odds again and shot his third ace in six days. The average golfer takes about 30 years to hit a hole-in-one. But Herrstrom, who started playing golf
        89 words
    • Article, Illustration
      Lock icon Seve's dream round
      414 15 AFP GLENEAGLES, Scotland Severiano Ballesteros hit a devastating seven under par 63 in the opening round of the Scottish Open on the Gleneagles King's Course on Wednesday. In his first appearance at the championship for four years Ballesteros, leading money-winner in Europe this season, looks unbeatable. But
      AFP  -  414 words
    • Article
      Lock icon A tennis tournament for Germany?
      279 15 AP HAMBURG lon Tiriac, manager of No 1 tennis ace Boris Becker, wants the German Tennis Federation to exert pressure on the ITF to gain a major tournament in Germany, a magazine reported on Wednesday. The German Tennis Federation should go to the international federation
      AP  -  279 words
    • Article
      Lock icon Sorensen out of Tour, LeMond takes lead
      333 15 AP VALENCIENNES, France A bone-breaking fall on Wednesday by front-runner Rolf Sorensen put three-time winner Greg LeMond into the lead of the Tour de France sooner than he wanted. Sorensen, a Dane who had held the lead since Sunday, broke his left collarbone
      AP  -  333 words
    • Article, Illustration
      Lock icon Johnson, Ottey set world bests in Swiss meet
      555 15 AP LAUSANNE, Switzerland US sprinter Michael Johnson ran the season's fastest 400 metres on Wednesday at the Athletissima lAAF-Grand Prix track and field meet. Jamaican star Merlene Ottey continued her winning streak with a new seasonal best in the 100-metre dash. Sandra
      AP  -  555 words
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      782 16 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE <& PRINCESS •••now on Fridays and Saturdays 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
      782 words
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      Page 16 Advertisements Column 2
      254 16 w That's our prediction for you when you step into the Kasbah u live band* take you down memory Lane with golden hits and evergreen*. Every night it nostalgia night. You'll be mesmerized. VTmkJmy* 9pm 2m V<-Im li-JT 111/'-/ JAi— Ksrmkt —Stubby* U Tbur*Jmy* from 7pm t» ijm. iu OM
      254 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      446 16 TELEVISION AND RADIO 1 1 1.15 Ml a—. *J0 Mai NM (M, Documenla-Rose-tinted nostalgia, ?s AVV kJV Ulil-VW s.OO ctoM. SSS pm Tkt Rul Ckottkntm 01 IfcamMd Ymt*. 7.10 am, 9.25 m, 1.30»a. 5.30pm, 7.00 PMCNN International(L). (Cartoon) News. 3.25 am: Financial News WKMnFVSmrSmm i AtWOtU /A//V JOT 8.00 Debate
      446 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Much ado about an old grape
      940 17  -  The mission grape was the backbone of the Californian wine industry from the i 830s until the 1870s. It is now making a comeback. Frank J Prial reports Frank J Prial NYT Swallows, it would appear, are not the only thing returning to Capistrano.
      NYT  -  940 words
    • Article, Illustration
      Lock icon Relax, the Sphinx is not losing its head
      837 17  -  A recent Cairo newspaper report on the great monument guarding the Pyramids has caused much controversy. Alan Cowell reports. Alan Cowell NYT IF the Sphinx could dispense smart rebuttals with the ease of its inscrutable riddles, what it might be saying right
      NYT  -  837 words
    • Article
      Pregnant Moore appears naked on Vanity Fair cover
      631 17 CHATTERBOX ACTRESS Demi Moore appears naked and pregnant on the cover of Vanity Fair magazine's August edition, with one hand under her bulging belly and the other across her exposed breasts. Both her baby and her next film, The Butcher's Wife, are
      631 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      262 17 AND ENTERTAIN Lunch in a Flash! A carvery and salad buffet lunch featuring the best of cuisines everyday from different countries. Available at the Cafe-in-the-Park. From 12 noon to 2.30 pm Mondays to Fridays only. Price: $18.50+4- per person. Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian
      262 words
    • Advertisement
      Page 17 Advertisements Column 2
      57 17 suAlue 3JI Lobster Salad with Fresh Fruits ilj= Superior Shark's Fin with Chicken Prawn W/Spring Onions in Hot Sizzling Plate Red Fish with Soya Bean Crumbs Winter Melon with Broccoli Braised Noodles with Shredded Duck =jp Maple Leaf Pan Cake [jp MAPLE LEAF Sze-Chuan Restauran 1390 Victoria Street #01-01/06 Golden
      57 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Early gains wiped out in the afternoon
      4020 18  -  By Diana Oon STOCK PRICES on the local market shed their early morning gains to close broadly lower, following Tokyo's lower close. The Straits Times Industrials Index dropped seven points from its intra-day high to finish at 1,471.46. This was 4.71 points below
      4,020 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4165 19 Main Board SIA Foreign 1920 20 +1.1% S1A 200 1340 20 +1.5% Jurong Ship 50* 880 +20 +2.3% OUE 665 +15 +2.3% DBS Foreign 1310 +10 +0.8% SPH Foreign 1240 +10 0.8% FELS 50» 660 +10 +1.5% Shangri-La 575 +10 +1.8% RDC 382 +10 +2.7%
    4,165 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      459 20 Company Date Vaar Group Nat Nat aamtags Grass aaa to profit/loss (L) par sJiara dtvMand CQOO) (cants) IMC Hldgs Jul 8 Mar 91 HK$197,832($378,947) 56 0(1130 40(40) Amcol Jun 25 Dec 90 $36,143(19,185) 18 2(4.6) 10(10) Metroplen Jun 25 Jan 91 M$15,628(15,450) 2 6(1 9a) 6(4 3a) SIA
      459 words
    • Article
      PRELIMINARY RESULTS
      259 20 Com pint Date Yttr Group pn-tix Net unlHfS 6rtM ann to profit/loss (L) ptr sharo dividend ('000) (ceats) Choc Products Jul 1 Mar 91 M$5,272($2,105s) 5.0(0.9) -<-) Faber Group Jul 1 Jan 91 M$33.426($15.558l) 8.1(-) MCB Hldgs Jul 1 Mar 91 M$2,411($1,766L) 2.9(-) NYA(2.5) Alex Hides Jun 28
      259 words
    • Article
      INTERIM RESULTS
      187 20 Company Date Half-year Group pro-tax Interim ami to profit/loss (L) dividend ('000) Ganda Htdgs Jun 25 Mar 91 M$554l ($3.2371) Asia Pacific Jun 21 Mar 91 $59,214($48,108) 14 5(154) F&N Jun 21 Mar 91 $89,232($75,678) 9.2(9.2) Avimo Jun 14 Mar 91 $1,541 ($1,571) 5TE(7 5TE) Samanda Hldgs Jun
      187 words
    • Article
      CORPORATE DEVELOPMENTS
      631 20 Jul 10 IGB Corpn is finalising three new hotel projects in Kuala Lumpur's Golden Triangle that will add about 1,500 rooms in the city with a total cost of about Ms7som (5500 m). Pengkalen Holdings Bhd is to carry out a reorganisation to place all its manufacturing activities
      631 words
    • Article
      DIVIDENDS ANNOUNCED
      769 20 Current Ex tokt Date TeW far TetH (ar payment data data payable «w year last year Antral 25C 10% Jul 5 Jul 17 Jd 31 10% 10% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8C AJei rtdgs 50e 6%(b) Sep Sep 16 Sep 30 6%
      769 words
    • Article
      APPROVED ISSUES
      452 20 Company Rights Issue Mean One-tor two fe, M$100 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO10 each at M$1 per share with 10m detachable TSR on the bass of 1 CRPS with 1 TSR for every 4 CRPS Ex-date Jun 7 Books dose Jun
      452 words
    • Article
      BONDS, LOANS & WARRANTS
      736 20 BONDS, LOANS WARRANTS Ciapnwy Cmmnlm fmM4 Cwwinln I— «w igg Bin* Wt Before 30/6/9* 1 warrant plus HKJ100 cash. C&C Wt Before 26/4/93 1 warrant plus $3.09 cash Causeway Loan Causeway Wt 2/10/89to20/10/94 1 warrant plus $0 77 cash or 1 warrart pta 90.77 nominal amount of loan stock. Ctuan
      736 words
    • Article
      RESULTS DUE
      591 20 M.in Boanl l«tFylit« pjl.uhimi Pond Date To Htt EPS froiJ (tat Company P«W (c(rtj) prjl last year l* W) C«~ *»27 *91 *911 Spore Land Interim May 4 Dec 91 12 6 10 0 44.641U) ST inter, m Jul 26 Dec 91 132 11.1 W M Slip interim
      591 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      895 20 PlicM as »t ll.07.9il CmwtsIm term *3—l—l? Exphy (dbettmt) Amount Oytomaf ustog 2 """"SSS Sfl* B VlhM s Burwill 115 2 0 250 0 840 1.00 1 00 49 3.36 30/06/94 35 rtr uu> 175 ?580 5 500 1 00 3.09 3 2.13 26/04/93 Z1 Causeway
      895 words
    • Article
      PROPOSED ISSUES
      422 20 Company Rights Issue H leont M Two-for-five MS3 35 per share Issue of J2807m 5% Redeemable Unsecured Loan Notes on the basis of $1 nominal amount of Loan Notes for every 5 shares held Every SI nominal amount of Loan Notes will be issued with one TSR Hiua
      422 words
    • Article
      COMPANY MEETINGS
      205 20 Fist AKed Corpn Bhd: EGM at the Kristal Suite 1 4 2, Ist Floor, Main Block, Petaling Jaya Hilton, Jalan Barat, ***** Petaling Jaya. Selangor Darul Ehsan on Monday, July 15, at 11am. CMB Packaging Singapore Ltd: EGM at Shangri-La Hotel, Valley Room 1, Orange Grove Road. Singapore
      205 words
    • Article
      RECORD HIGHS & LOWS
      192 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mr 1333 08 (3/6/91) 1991 1565.58 (3/6/91) 2 ff 0775? (6 1/9 1991 *****8 (16/1/91) 1990 Mi- 435 43 6/ 90 1990 1607 12 (27/3/90) SIS' Si 07 <09/11 90 1990 *****0 (H/ 10^) 1989 Mi- 1322 00 28 2
      192 words
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      Page 20 Advertisements Column 1
      294 20 NOTICE IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF GOLDIRON INVESTMENT PTE LTD (MEMBERS VOLUNTARY WINDING UP) Al an Extraordinary General Meeting of the abovenamed company duly convened and held at Bond Centre. East Tower, 40th floor. 89 Queensway, Hongkong, on 5 July 1991,
      294 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks fall again after two-day advance
      4112 21 Bernama SHARE PRICES on the Kuala Lumpur stock market fell back after a two-day rise to end broadly easier yesterday on profit-taking and a lack of buying support because of poor overseas leads. The K.LSE Composite Index fell 4.35 points to 603.76 while the
      Bernama  -  4,112 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      83 21 FOR BUS AND Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION
      83 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares finish weaker but off day's lows
      2184 22 Reuter TOKYO STOCKS closed easier but off lows yesterday, pressured by profit-taking following two days of gains. Sentiment was still shaky due to Japan's brokerage scandal and fears of excess supply, but many people felt the worst was past and small-lot buying supported
      Reuter  -  2,184 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end slightly softer in indecisive trade
      1925 22 Reuter HONGKONG STOCKS, which jerked up and down in a tight band in a day of cautious but subdued trade, closed slightly lower yesterday. The blue-chip Hang Seng Index shed 9.11 points to end the day at 3,892.12 after bouncing indecisively in a
      Reuter  -  1,925 words
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  • REGIONAL STOCK MARKETS
    • Gold stocks lead plunge in Aussie shares
      • Article
        AUSTRALIA
        753 23 THE Australian share market yesterday ended sharply lower, after a selloff of gold stocks and another fall in Tokyo. Brokers said better than expected unemployment figures failed to excite the market, which had expected a June jobless figure of between 9.6 and 10 per cent. Instead, unemployment fell to
        753 words
      • Article
        NEW ZEALAND
        222 23 NEW ZEALAND shares yesterday bounded ahead by the close as players took heart from a fall in the kiwi dollar which was triggered by lower interest rates. Firms with a good export base benefited handsomely from the kiwi's fall to a two-year low of about U550.5625/32 by late-afternoon.
        222 words
      • Article
        TAIPEI
        490 23 THE Taiwan stock index yesterday closed sharply lower, reversing its gains of Wednesday, and dealers said the market would remain gloomy in the near term. The weighted index finished 144.48 points or 2.6 per cent lower at 5,312.32 compared with Wednesday's 5,456.80 close. Turnover was about NT$2O billion against
        490 words
      • Article
        JAKARTA
        623 23 JAKARTA stock prices yesterday ended mixed and trading was slow following a government announcement of increased electricity and fuel prices, brokers said. The official index fell 4.819 points to 328.558. Brokers said some underwriters intervened in the market to prop up Semen Gresik, bringing it 450 rupiah up to
        623 words
      • Article
        MANILA
        585 23 SHARE PRICES fell for the fifth day in a row in a market still smarting from the impact of Mount Pinatubo's eruptions but brokers said selling pressure had eased. The Manila Stock Exchange Composite Index shed 6.17 points to close at 984.14, the lowest level since it hit 956.02
        585 words
      • Article
        SEOUL
        766 23 SEOUL STOCK index yesterday firmed from the opening bell to break though the 620 level stimulated by brisk, high volume trade by individual investors, brokers said. "Individual investors are gradually and cautiously coming back into the market," Keith Nam, an analyst at Jarding Fleming said. "Sentiment is improving." Afternoon
        766 words
      • Article
        BANGKOK
        737 23 THAI SHARE PRICES fell for the third straight day yesterday as the index tested the 680 support level, brokers said. The SET index ended 11.21 points lower at 688.98 on a moderate turnover of 2.13 billion baht. Blue chips either lost or finished unchanged. Siam Cement shed 12 baht
        737 words
      • Article
        Untitled
        546 23 Clow Previous July 11 SYDNEY All Ordinaries Index 1534.1 1,542.8 -8-7 All Industrials Index 2346.2 2,357.1 -10.9 All Resources Index 909 8 917 -7.2 Turnover (million) 280.8 93.5 +187.3 BANGKOK SET Index 688.98 700 19 -11.21 Turnover (million baht) 2,130 2,770 -640 JAKARTA Composite Index 328.558 333.377 -4.819 MANILA Composite
        546 words
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  • WORLD STOCK MARKETS
    • Stockholm bourse hits new high
      • Article
        STOCKHOLM
        197 24 PRICES on the Stockholm bourse on Wednesday closed broadly up at a new year-high in moderate trade in line with other European markets and mainly as a result of a strong recovery in Tokyo, dealers said. The bourse General Index rose 0.71 per cent to a year-high of 1,129.59
        197 words
      • Article, Illustration
        NEW YORK
        1148 24 A LATE flurry of selling smothered a US blue chip rally on Wednesday but failed to dampen broader market indexes, which notched moderate gains. After surging 32 points earlier, the Dow ended at 2944.77, off 2.46. Gainers led losers by about eight to seven and the Nasdaq index
        1,148 words
      • Article, Illustration
        LONDON
        815 24 BRITISH SHARES on Wednesday ended ahead but just below the day's highs as market makers and investors took heart from the strongly-held view that the Bank of England will cut interest rates today. Dealers said yesterday's Bundesbank meeting was unlikely to result in a mark interest rate rise. "That
        815 words
      • Article
        AMSTERDAM
        295 24 DUTCH SHARES, hamstrung by a lack of domestic news and thin trade, hobbled to a firmer close on Wednesday behind more robust progress in London and on Wall Street. The CBS General Tendency Index closed 0.3 up at 93.1, with selective institutional bar-gain-hunting noted. A larger than expected Bundesbank
        295 words
      • Article
        FRANKFURT
        193 24 GERMAN SHARES on Wednesday ended a quiet session 0.4 per cent higher as markets waited to see what decisions would be taken at yesterday's Bundesbank council meeting. Dealers said opinion is split as to whether the central bank council would alter credit policy. Some economists expected a rise in
        193 words
      • Article
        PARIS
        177 24 FRENCH SHARE prices ended lower on Wednesday but late buying in one or two stocks erased a good part of the bourse index's earlier loss, dealers said. The CAC-40 index closed 8.84 points or 0.51 per cent lower at 1,714.30 but well above the session low just below the
        177 words
      • Article
        MILAN
        277 24 ITALIAN SHARES shed the bulk of their early gains in the second half of the session on Wednesday and closed off their peaks as enthusiasm evaporated. "There were some good intentions around today, but the basic volume needed to trigger things just wasn't there," one broker noted. Blue chips
        277 words
      • Article
        ZURICH
        265 24 SWISS SHARES on Wednesday closed about one per cent higher, led by dollarrelated issues. Dealers said volume had improved upon recent days as a wave of cautious optimism spread through the market. TTie SMl's break through the 1,700-point level added to the positive sentiment. The SMI index of leading
        265 words
      • Article
        JOHANNESBURG
        372 24 THE ALL-GOLD INDEX ended the day higher at 1445 versus Tuesday's 1426 close. This saw the all-share index also hit new highs, closing at a record 3507 versus Tuesday's 3431 finish. The very strong financial rand, a reflection of the greatly improved foreign investor interest, ended the day at
        372 words
      • Article
        TORONTO
        242 24 TORONTO STOCKS on Wednesday ran out of steam in late trade after posting a strong 18-point gain at midday, dealers said. Trade was heavy. "There's not really any concrete reason other than what the IMF said on inflation late in the day," one trader said. Officially, the TSE-300 closed
        242 words
      • Article
        BRUSSELS
        167 24 BELGIAN SHARES closed mostly higher on Wednesday, but dealers said trading volume was very thin because investors were waiting to see if interest rates would rise. Many players were also absent because of the holiday period. The key Bel 20 index of leading shares added 4.64 points to 1,146.59.
        167 words
      • Article
        Untitled
        122 24 July 10 Close Previous NEW YORK Dow Jones 2944.77 2,947.23 -2.46 NYSE Financial 149.68 149.18 +0.50 SAP 500 375.74. 376.11 -0.37 Turnover (million) 178 151.8 +26.2 LONDON Financial Times 30 1,918.1 1,905.4 +12.7 PTSF 100 2,508.4 2,487.9 20.5 Turnover (million) 534.1 429.5 +105.6 AMSTERDAM CBS Tendency Index 93.1 92.8 +0.3
        122 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      58 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      58 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ slips against mark amid fears of Bundesbank raising rates
      1165 25 REPORTS THE US DOLLAR eased against the mark in early Europe yesterday as operators adjusted positions and prepared to wait quietly for the outcome of the Bundesbank council meeting amid worries that interest rates may rise. Talk centred on an
      1,165 words
    • Article
      INTERBANK FOREX RATES
      386 25 Cross rates juiyu USS SS MS Dm Yen SFr AS NZS USS 1.7570 2.7880 1.8145 138.65 0.6169 1.5735 1.3021 1.7794 SS 0.5692 1.5868 1.0327 0.7891 0.3511 0.8956 0.7411 1.0127 MS 0.3587 63.02 0.6508 0.4973 0.2213 0.5644 0.4670 0.6382 Dm 0.5511 0.9683 1.5365 76.41 0.3400 0.8672 0.7176 0.9806
      386 words
    • Article
      MONEY MARKET
      522 25 Interbank rates S$ Bid Offer Overnight 4 5/8 4 3/4 1-month 5 3/4 5 7/8 2-month 5 13/16 5 15/16 3-month 5 7/8 6 Overnight mode: 4 US$ Bid Offer 7 days 6 6 1/8 1 month 6 6 1/8 2 months 6 6 1/8 3 months 6
      522 words
    • Article
      Lock icon Good times may be over for US bond dealers
      593 25 Reuter NEW YORK If a trendless market is a friendless one, the US bond market faces a lonely road ahead. Prolonged directionless trading will mean primary dealers have already seen the most profitable quarter for the year. The old axiom, "a
      Reuter  -  593 words
    • Article
      FINANCIAL FUTURES
      1122 25 S1MEX eurodollar Open High Low Sett Est Vol Op/Int Vol Sep 91 93.61 9162 9l61 9*61 2426 ***** 3505 Dec 91 93.02 93.02 93.01 93.02 2683 ***** 2686 Mar 92 92.91 92.93 92.91 92.92 862 9028 948 Jun 92 92.51 92.52 92.51 92.52 557 1546 349 Sep 92
      1,122 words
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  • COMMODITIES
    • Article
      Lock icon Indonesia rejects Japan's call to cut plywood exports
      326 26 AFP JAKARTA Indonesian plywood producers have rejected a call by their Japanese counterparts to cut exports and ease a glut caused by the current economic slowdown, the official Antara news agency said yesterday. The request to reduce exports was a "pretext" by
      AFP  -  326 words
    • Article
      Lock icon Prolonged Chilean strike may keep copper market in deficit
      333 26 Reuter LONDON An expected surplus in the copper market, in deficit since 1983, may not materialise this year if the current supply disruption from the world's biggest producer, Chile, lasts for some time, analysts said. In 1982, refined supply exceeded demand
      Reuter  -  333 words
    • Article
      Gold closes lower despite late short-covering
      891 26 REPORTS HONGKONG: Gold closed easier on early overseas selling and Japanese followthrough activity despite late short-covering, dealers said. "Trade was thin so it didn't take much to move gold one way or another," Samuel Poon from Sun Hung Kai Bullion said. "The metal is
      891 words
  • Article
    PRICES
    1373 26 Rubber j u i y u j ■MCI* <■>■!») S cents/kg M Noon Ooac Lnt 1 RSS Prompt I43.OOI44.OON 143.00/144.OON <y Int 1 RSS Aug 91 144.00/144.50 144 ***** 50 lnt I RSS Sep 145.*****.00 145.***** 00 J Int 2 RSS OP 142.*****.00N I42.*****.00N fl Int 3 RSS OP
    1,373 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1522 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THIS MATTER OK THK COMPANIES ACT, CAP. M AND IN THE MATTER OP PONUOOL BI S SERVICE PTE LTD (INCORPORATED IN THE REPUBLIC OP BINGAPORE) NOTICE OP RESOLUTION PURSUANT TO SECTION tM(t) At an Extraordinary General Meeting of the members of the abovenamed
      1,522 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
    1134 27 c*jr eta rro Ma BteU GA970 2245 GA976 2310 M«*aHa B742 1815 RJ182 1400 l—tli— KL837 1255 SQ24 0100 SQ23 1815 KL838 2240 Mtm» 0A471 2355 >atfcl»a< NZ35 1550 SQ325 2115 SQ338 2030 NZ36 2330 BA12 2200 ■llwalM GF149 0540 BaaterSari SQ18I 1410 SQ182 0915 QF62
    1,134 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Eatery boasts legend and longevity
      481 27  -  POSTCARD FROM BEVERLY HILLS By Bob Thomas Mike todd made his deals there. Marilyn Monroe found romance there. Even Howard Hughes was a fleeting presence in the Polo Lounge, which marks 50 years of fabled existence this week. Morning, noon and night, the restaurant in
      481 words
    • Article
      MONEY CHANGER RATES
      152 27 As st 3piii yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.343 1.363 Canadian dollar 1.313 1.343 NZ dollar 0.9800 1.0100 Sterling pound 2.840 2.8700 US dollar 1.7530 1.7630 Local dollars to 100 arts of foreign cuiieocy Austrian schilling 13.30 14.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      113 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td July 14-21 Exhibition On Buenos Aires USUAR1A *****2855 Aug 18-20 International Germany Mode Woche- *****1990 Equipment, Fashion Fair Munchen GmbH Technology Services for Aug 20-31 Izmir Turkey Izmir Fair SU42IS0 Inform at tc A International Organisation Telecommunication
      113 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      39 27 Apart from 35 European cities, Fmnair Mo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok- Call *****77 fin* details. We know Europe firm start to Finnish.
      39 words
    • Advertisement
      Page 27 Advertisements Column 2
      58 27 jy VjM|t jk ¥V j vl4mwill 111 ill i V~j -Jj H *$Bf a v jH^^Bl^rl Everything's M Where can you find the best laksa in Singapore? I I I Where can you find beaches, shopping JL JL JL spots and entertainment all within walking distance? The latest news and
      58 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      181 27 suite which is put to good dant hovering around al28 Modish alternative: Fourth of July salad (7) 29 Beastly has-beens, but staff vegetarian? (9) 24 Letter about a mount's inlove the fellows (9) 13 Not regressive certain dividual name (6) DOWN ,s a gir! haMo study'position YESTERDAY'S SOLUTION 2 Given
      181 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      190 27 Singapore Outlook: Showers over several areas in the morning. Report Maximum temperature 32.3* Assoc humidity 57% Minimum temperature 26.5* Assoc humidity 84% Hours of sunshine 9.30 Rainfall in mm Nil Rainfall this month 22.5 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Showers Bangkok 34/25 Showers
      190 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      36 27 ONE. dcppcssing .JOBLESS .Finite,, wopclcss, iNTe£wiN*Bi£ \ljL-T wTUD OP I IFF DPN \j£P©\t*G INTO S*D,D*eW*Y, \s WIS OPVV. FOLLOWER By wWHeR cwceßtesc, PKTHCTIC ni 'M ffl ohAJ 11 0465 O KVCMNQ STANOAJIO CO. LTQI, IM3-IMI V">Ofc^,
      36 words
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  • Article, Illustration
    $400m shot in arm for chemical islands chain
    472 28  -  Du Pont setting up plant on Pulau Sakra By Genevieve Cua THE FINAL link in the chain of offshore chemical islands the hitherto unoccupied Pulau Sakra received its first $400 million vote of confidence yesterday. The ground-breaking ceremony for Du Pont's adipic
    472 words
  • Article
    Lock icon EC to monitor any Hanson bid for ICI
    121 28 Reuter STRASBOURG The European Parliament has resolved to call on the European Commission to make a full investigation of any takeover bid for British giant Imperial Chemical Industries pic by Hanson pic. It said in a resolution yes- terday that it was
    Reuter  -  121 words
  • Article
    Lock icon Taiwan can expect 7pc economic growth
    375 28 Reuter AFP TAIPEI Taiwan's economy, buoyed by rising exports to China, South-east Asia and Europe, will post 7 per cent economic growth in 1992, the country's top thinktank Council for Economic Planning and Development (CEPD) predicted. "Our economic recovery is solid and stronger than
    Reuter; AFP  -  375 words
  • Article
    Lock icon Soviets, Chinese to attend Asean meeting
    317 28 AP KUALA LUMPUR The Soviet Union and China have accepted invitations to hold their first talks with Asean, diplomatic sources said yesterday. They said, however, that the two nations have not been accorded the same status as Asean's regular "dialogue partners" at the annual
    AP  -  317 words
  • Article
    Moscow Narodny uses S'pore as base for barter trade
    311 28  -  By Shoeb Kagda THE Moscow Narodny Bank (MNB) plans to use Singapore as its key centre in developing barter trade between East European countries and South-east Asia. The bank has just concluded a $50 million deal involving the barter of cotton
    311 words
  • Article
    Japan heading for recession, says analyst
    366 28  -  By Kenneth James CHALLENGING conventional wisdom, a Japanese analyst yesterday predicted that Japan is heading for a recession followed by weak economic growth while the US economy will grow in strength through the *****. Mr Tadashi Nakamae, president of Tokyo-based Nakamae International Economic Research
    366 words
  • Article
    Lock icon Tokyo's new guidelines against monopoly
    144 28 AP TOKYO Japans Fair Trade Commission (FTZ) has issued new guidelines aimed at reducing business practices aimed at keeping newcomers out of the market, news reports said yesterday. The FTC guidelines cover more than two dozen business practices and aspects of the distribution system, areas
    AP  -  144 words
  • Article, Illustration
    Soonann to proceed with East Coast hotel project
    525 28  -  By Sangeeta Mulchand DEVELOPER Soonann Realty is going ahead with a $100 million hotel project opposite Parkway Parade after a six-year delay and an unsuccessful attempt to rezone the land to office/commercial. The three-star, 17-storey hotel is scheduled foi completion by early
    525 words
  • Article
    Lock icon Court backs EC copyright stand
    200 28 AFP BRUSSELS The European Community has won an important legal victory on copyijghts that could boost competition in the computer and other industries. An EC spokesman said yesterday that a ruling by the European Court of Justice had given the European Commission greater power to
    AFP  -  200 words
  • Page 28 Advertisements
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      6 28 Nikon The World's Finest Photographic Systems
      6 words
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      Page 28 Advertisements Column 2
      256 28 Nikon The World's Finest Ptxitoqraphlc Systems I Asset/Liability Management jj Arthur Andersen Associates Pte Ltd is organising an Asset/Liability Management Seminar designed to review concepts, discuss organisational issues, analyse comparative practices and understand cuttting edge tools and techniques. Key Financial Markets Consulting Group members from Arthur Andersen, who are specialists
      256 words
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  • SHIPPING TIMES
    • Article, Illustration
      French turbine engine maker sets up local office
      410 29  -  By Selva Kumar FRENCH turbine engine producer Turbomeca has set up a subsidiary in Singapore to beef up its presence in the Asia-Pacific region. The new company, Turbomeca Asia Pacific (TAP), will take care of product support for about 63 customers in
      410 words
    • Article
      Lock icon Seoul to partially open trucking market to US
      352 29 Reuter SEOUL South Korea agreed to US demands to partially liberalise its inland container trucking market, maritime officials from both countries said. The US Federal Maritime Commission (FMC) had proposed levying a US$lOO,OOO (S$ 176,000) charge on each South Korean ship entering
      Reuter  -  352 words
    • Article
      Lock icon Czechoslovakian airline changing fleet, seeks partner
      374 29 Reuter PRAGUE Czechoslovakian national carrier CSA plans to replace its ageing aircraft with western planes as it looks for a foreign airline to take a large minority stake. One of the first large Czechoslovak enterprises slated for privatisation, it has made preliminary contacts with
      Reuter  -  374 words
    • Article
      INDEX TO ADVERTISERS
      1196 29 Page Col ABC Containeriine 12 I Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Asian Break-Bulk 16 3 ASXCLShpg
      1,196 words
    • Article
      Evergreen to double M'sian box output
      389 29  -  By Khaidir Abd Majid in KUALA LUMPUR CARGO container manufacturer, Evergreen Heavy Industrial Corp (EHIC), will soon have one of the largest container manufacturing facilities in the world when its Ms2oo million plant in Pasir Gudang, Johor, becomes fully operational by the end of
      389 words
    • Article
      Trans-link appointed agent for Canspect
      295 29  -  By Dexter Lee LOCAL freight forwarder Trans-Link Express has been appointed the South-east Asia agent for Canadian cargo inspector Canspect Corporation. As agent, Trans-Link will be responsible for marketing and administering Canspect's inspection and consultant services in the region, except Brunei. The appointment took effect
      295 words
    • NEWS SUMMARY
      • Article
        A great way to fly — to NY
        56 29 A great way to fly to NY MAKING long-range plans and meticulously carrying them out are high among the strengths of Singapore Airlines executives. Now they're at it again, laying the groundwork for what could be their biggest challenge yet: the company's first flights from New York to Singapore, scheduled
        56 words
      • Article
        Strike-hit Rotterdam port fears for its image
        35 29 HARBOUR officials and stevedoring companies in the world's largest port, Rotterdam, said that a series of strikes were undermining the port's reputation and losing it business Back Page
        35 words
      • Article
        Experts seek ways to avoid volcanic ash
        37 29 AVIATION experts said on Wednesday they are working to tighten precautions because more than a dozen jumbo jets have encountered dangerous volcanic ash from the Philippines' Mount Pinatubo. Back Page
        37 words
      • Article
        Iran to add more shipping lines to Dubai
        28 29 IRAN will send more ships to neighbouring Dubai to handle an increase in trade with the Gulf emirate Back Page
        28 words
      • Article
        Japanese dumping minivans, says US
        34 29 THE US International Trade Commission ruled on Wednesday that the three major US carmakers were being injured by alleged "dumping" of Japanese minivans in the US market Back Page
        34 words
    • LOG BOOK
      • Article
        MISC signs M$96m contract with Shell (M)
        104 30 KUALA LUMPUR Malaysian International Shipping Corporation (MISC) has signed a M 596.6 million contract with Shell Malaysia to purchase bunkers. The one-year contract is for 120,000 tonnes of marine fuel and 12,000 tonnes of diesel supply at the Port of Singapore, according to
        104 words
      • Article
        Turkish airline cuts 700 jobs
        108 30 ISTANBUL National carrier THY-Turkish Airlines said it has axed 700 jobs, dropped 12 foreign destinations and put off investment decisions in a restructuring that follows a 38-day strike resolved after a 154 per cent pay award. THY, which is quoted on Istanbul's Stock Exchange, said
        108 words
      • Article
        Sabena suffers loss of S$326m
        98 30 BRUSSELS Belgian airline Sabena said it made a loss of 7.15 billion Belgian francs (***** million) in 1990, taking its total losses in the past three years to 21 billion francs. But the airline managed to pull out of the red in April for the
        98 words
      • Article
        Drop in QCT coal shipments
        90 30 BRISBANE QCT Resources Ltd said shipments of coal from the Central Queensland Coal Associates and Gregory joint ventures fell 6 per cent to 25.65 million tonnes in the year ended June 30 from 27.30 million in 1989/90. QCT said its share of shipments of mainly
        90 words
      • Article
        Volkswagen sign Taiwan deal
        85 30 TAIPEI Germany's Volkswagen AG has signed a joint venture agreement to produce dual use pickup trucks in Taiwan. Volkswagen is to provide 50 per cent of technology and put up one-third of around US$2OO million in starting capital in the venture with Taiwan's Ching Fong Investment
        85 words
    • Article
      DAILY FREIGHTS
      1291 30 DRY cargo freight rates fell sharply on Wednesday, pressured by grain fixtures, brokers said. The Baltic Freight Index was marked down 31 points to 1,605, with the US Gulf/ Continent light grain and other grain routes sharply lower. Brokers said Cargill's fixture of a panamax from Mississipi to
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      Lock icon A great way to fly — to NY
      1615 30  - A great way to fly to NY Singapore Airlines will start flying to New York in 1993. But SIA executives are already preparing the groundwork for this challenging venture, Agis Salpukas reports Agis Salpukas NYT Making long-range plans and meticulously carrying them out are high among the strengths of Singapore
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      VERITAS BUNKER QUALITY REPORT
      466 30 July 8 DcnsityWatcf Residue Ash Atawium Sediment PmUyWat* »«<*■ Mi Se*wl Tw* Exxon Enoo KG/M*3% V/V M/M M/M PPM method KG/M*3* V/V M/M M/M PPM meWiod ISO/Cimac imits Spec E25 9911 0 15 0 0 10 30* 0.10" Eastam USA 180 Ave 9840 4 13.5 0.07
      466 words
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      THE SHIPPING GUIDE
      11122 38 This is a list of ships loading July 12. at Singapore for ports around 1 the world. It tabulates, by jXw destination, the name of the Talabot. ship, the shipping line in- 28. volved and the estimated dates of arrival and departure j uiy from the Port
      11,122 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        460 45 Had Voy Ho fcrifc km* Depgtue V«*l Voy No Berth Anhal Departat M hu TBMiilniM Amer Shanti 344 S02 12 07/0900 1407/0600 5S" U Bn t? 11 M05 alongside 12 07/2300 1S SOI 1107/1200 12 07/1500 Batam Mafu *****1 M04 alongside 1107/2300 Brastagi 1 27/91 MO? alongside
        460 words
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        CONTAINER SCHEDULE
        1131 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofat/Babnce Rsfts Ship Voy No Etb/Btr Period From To From Anson *****N 13/0800 1 11/1500 11/1659 11/1900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 As Pegasus 271 13/2000 2 11/1700 12/0659 12/0900 4 12/1200 12/1459 12/1700 Asan Sen
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      Lock icon Strike-hit Rotterdam port fears for its reputation
      400 46 Reuter AMSTERDAM Harbour officials and stevedoring companies in the world's largest port, Rotterdam, said that a series of strikes were undermining the port's reputation and losing it business. "The publicity surrounding the strikes does no good to the image of Rotterdam as a
      Reuter  -  400 words
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      Lock icon Iran to add more shipping lines to Dubai
      249 46 AFP DUBAI Iran will send more ships to neighbouring Dubai to handle an increase in trade with the Gulf emirate, Dubai officials said on Wednesday. "The lines will serve mainly container ships and four trips a week are proposed," one official said.
      AFP  -  249 words
    • Article
      Lock icon Aviation experts find ways to avoid volcanic ash
      264 46 Reuter SEATTLE Aviation experts said on Wednesday they are working to tighten precautions because more than a dozen jumbo jets have encountered dangerous volcanic ash from the Philippines' Mount Pinatubo. Thomas Casadevall, a US Geological Survey scientist, said several of the 14
      Reuter  -  264 words
    • Article
      Lock icon Japanese dumping minivans, says US
      205 46 Reuter WASHINGTON The US International Trade Commission ruled on Wednesday that the three major US carmakers were being injured by alleged "dumping" of Japanese minivans in the US market the first step in slapping punitive duties on the imports. The Commerce Department now must study
      Reuter  -  205 words
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      26 29 Lines and services represented by Members of the Registry of Accredited ShippingfjMgSm*] Agents, Singapore National Shipping kiso-\lM£&M£) ciation. For advertising enquiries, contact Shipping rimes: Tel 740-20X9/740-2090.
      26 words
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      Page 29 Advertisements Column 2
      176 29 SMEE HBK KTN. 00 PIE LID t* niA5 AVC 14. atNOAPOfIe jaw TELE* 2«/• SMMCI* TEL: Ml MSScSinaai TU«?AX:«l 2»44 -«k,Jk. ssx:. "s^r KiUllw MUflttll T OTMArom. wutM Cmmmtm hbohmia olm4 A tPO nwurrwa HB •CMM^Hw*>>«WSMi •immT Twd» IMOI C.»T,Z£, Mao buy. trap* BrtTBM OESK3N MNOVATMN A OUAUTV CMO*eEHß<o^^i Container
      176 words
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      2256 31 4%11h 200 Cantonment Road #12-05 Southpomt, Singapore 0208 \lllfr *****11 TELEX NO RS ***** |f»nnw TERMINAL/CES Tel *****18 220 PlVmiyl BOOKINGS TH *****34 -2SB 1 VfflF M PCSAKA JAROINE SHIPPING AGENCIES SON BHD eORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 Df'luvtlffl
      2,256 words
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      1801 31 TRANSPORT DIARY Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs i World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition, > Tokyo, Japan.
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      1577 31 mnmssassm TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/SOUTHAMPTON 16 PAYS VMM Voy ETA I ETD "Port 'Penang 1 DESTINATIONS Singapore Kelang TM weak louM Meer* 8106 Faadar by cv m/ 7 cmoo mbs m pmto CFS 15n 23» MRS OAK LOB HOU MEM ATL MIA CHS BAL
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      1181 32 |nOTTEOAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KAQA 19/327 14/7 31/7 2/8 5/8 8/8 PwHl KURAMA 11/128 17/7 8/8 6/8 5/8 OSSSBSii FRANKFURT EXPRESS 57/328 21/7 7/8 9/8 12/8 13/8 I. Alt WCSTOOUM) P. TOKIO EXPRESS 01/129 25/7 15/8 13/8 12/8 VCUII| BKNAM CAIKO KAMAKURA 18/329 27/7
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      648 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG 2404E8 1/8 16/8 19/8 24/8 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA 8 NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX STO (PERU) I. J. BONTANG 2404E8 1/8 7/9 8/9 13/9 14/9 11/9 Agents SINGAPORE:
      648 words
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      1533 32 SBMAiBA REGULAR INDEPENDENT FULL CONTAINER SEWVICe WESTBOUND FOR EUROPE VSI/VOY SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NOR ASIA MUBARAK SI 11-3 13/07 04/0« M/ 08 W/08 10/01 11/08 12/ M 13/08 14/08 NOR ASIA AL-MANSOORAH 9119-3 11/07 10/00 12/08 14/00 15/00
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      1928 33 supping limes, Friday July iz issi ®jjjgSteamers Maritime Holdings Lldl imssssus&l WEk, Containers «*f +fm/+fW J>« Alt 1« W IH MM I TOKYO BAT 053« M/ 07 01/07 13/07 30/07 01/00 03/00 •'jQTTJ I I AURA MACR3X *100 13/07 IS/07 17/07 01/00 04/00 OS/00 07/00 C SO „M I ORKNTAI
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      Page 33 Advertisements Column 2
      1916 33 EHHH TO: U.S.AJPANAMA FM: U.S.AiPANAMA W«n/»OT V OM IM cm FM M« MM NYC_ WXL/VOT NTC MM 4W CM LM OAR V TiTJ 77; «/i u/i M/i mi 77/4 pmmria somtcm n*in u/« 21/4 11/7 CHOYAN6 CMMKI 0171 20/7 14/1 U/I 24/4 30/« 11/4 1/4 3/J CIMOKM SMtOI Ml2l 12/4
      1,916 words
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      Page 33 Advertisements Column 3
      419 33 STRUTS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I Irasa Ivor Isp "S kuc u I coaac leads 1 ao ao I Twaui ACE 1 ao "57? TIMS AUTO "5 15/7 15/7 m Bitas 1 15/7 It/7 I WMMM HAW 1 It/7 I CHAMP** r*MO 15 15/7 I
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      552 34 MWli CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSiyVOY SPORE ROAM/ M)AM HBURG BREMEN ANTWERP SRMUAYA, 32M8 14/1 3/9 J/5 12/J W KUTM 23W6 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement. AI»o accepting cargo to Casablanca, Port Said. Port Ale«andrla. Genoa. Trieste.
      552 words
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      Page 34 Advertisements Column 2
      959 34 M. HANJIN SHIPPING S port L£H HTM A* HAM BRV FEL FEEDER Wl «N \2£r*? UL HANJW VANCOUVER 005W 15/7 2/8 3/8 4/8 4/8 5/8 6/8 H*N*JJ »l/ 7 SRFCT 12/1 15/« I HANJM 11HAVRE 013W 22/7 9/8 10/8 11/8 11/8 12/8 13/8 HANJW HONaOIJG 031 IE 26/7 DJECT 12/8
      959 words
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      Page 34 Advertisements Column 3
      49 34 m« u* njioK wtnvsouiH mmx r»cre nm» oa» VESSELS AVAILABLE FOR SA hf6f"MJs,!u.?ki2. At4ilh^u ;NT SsT ;SS»r- ks; rsssSsssiKsssssKr""*" 5X31 4 SEBAVA- SIM BATAM WttKLV MRVtCfS TMC SHIPPING/A AARON ORIENT LINES >1 Tel: *****11 Tlx: Rt ***** Fa«: *****88 163. TRAS STREET. #<*-05 LIAN HUAT BUILDING. S PORE 0207
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      Page 34 Advertisements Column 4
      1128 34 I I < I 9 I V m WS KK KL6 WS WT OH W SH IW Ul OB ML NYCU* AM* BM W IBS f» OB ftt I E GOLDEN IE 031 17/7 U/7 Z3/7 24/7 »/7 »/7 31/7 2/1 VI VI 5/1 11/ l »/l 30/1 31/1 11/
      1,128 words
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      1727 35 pping times, rriday July 12 1991 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS" NEPTUNE LINK TEL *****00 >v USA SERVICE -*****16 TERMINAL OFFICE *****22 yVf UWEUROPE SERVICE *****19 DEPT: *****^*****14 ■aULg AUST/INDIA/PAK SERVICE-*****18 CFS: K27 EXPORT .*****53/*****04 ZSZ *****48 CFS: K27 IMPORT *****6^*****50 mm NEPLINE
      1,727 words
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      Page 35 Advertisements Column 2
      1076 35 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 SERVIC fEI |glTW^^— FULL CONTAINERSHIP SERVICES EASTBOUW)—OBCHWtfiWG WESTBOUHD—LOADWG TRAIBIgHD W »UI IWOI wt |i |m \mt wt law IrnL [ws
      1,076 words
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      Page 36 Advertisements Column 1
      1523 36 K** wv M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR to: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****79 I B l\l M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD i li I Wrj TE! PJ *****00 PK *****01/5 PENANG *****5 JB *****1 INDONESIA PT SARANA LAUTINTERNUSA TEL: JKT
      1,523 words
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      Page 36 Advertisements Column 2
      1207 36 ftW* PHILI-ORICNT UN€S PT€ LTD 10fi ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 JUL MONTREAL. OTTAWA, TORONTO. VANCOUVER. SWESTERN ONTARIO 17 JUL
      1,207 words
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      1483 37 ZSSSDH PACIFIC INTERNATIONAL LINES (PTE) LTD SfgSS? KK MifcW PIL Building, 140 Cecil Street #03-00, Singapore 0106. BANGKOK I MA?ruAM« afin «/7 VESSEL VOY SIN BKK SIN HAI QUAHO 9110 14/7 16/7 JENLINK 61N 13/7 IS/7 IS/7 BUNOA TERATAI 283 14/7 16/7 21/7 PEGASUS PROGRESS 67SN 13/7 IS/7 IS/7 J
      1,483 words
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      Page 37 Advertisements Column 2
      980 37 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 Nedltoyd Deiima* 238 16/7 31/7 W8 3/8 4/8 City of Edinburgh+ 236 20/7
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      Page 37 Advertisements Column 3
      420 37 MYANMA wBßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KI| Pen P.Gdg MYOMA Y*A ¥136* In Pt PATHEW ¥112* 13/19 M MAGNAY V2IN Sd MPI SAGAMG ¥24* 14/17 M HP A-AN ¥164* 11/21 Jul PAGAN ¥172* 22/25 M THE BANK LINE (A Mfvtc* of Andrew W«lr
      420 words
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      712 40 TO AUSTRALIA/NEW ZEALAND «>• Sin Fr«n IMb Syd |Auc* [7« |P CHALM WLORS 274 22/1 HJt Tit IS 13/1 T«7i MAATNA I 275 >2/1 11/1 22/1 25/1 27/» "jITi euen Nunc 27i 23/1 lo7i *75 t/t wt 15/9 u/9 wbsel 277 Ts u/i ioTi 237*" mTi loTi iTTo TO USA/CANADA
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      Page 40 Advertisements Column 2
      784 40 p^HiliHliliW EXPORTS TO HONGKONG, TUN AN t JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE I OUTBOUND VOY PKL PNG XT 1 SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY |SJN |FKL UK MSi ACX ROSE 168 *12.7 12 7 117 20 7 22.7 217 27 7 27 7
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      Page 40 Advertisements Column 3
      188 40 PEffJSAH AA N PELAYARAN i W> KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vowel ETA/ETD DESTINATION I NIAGA XXI Voy 15/91 12/13 M Jakarta/Palembani I I NIA6A 42 Voy 11/91 15/16 Jul Jakarta/Palembanf 1 NIAGA XXH Voy 16/91 18/19 Jul Jakarta/Palembanf i NIAGA XXI Voy 16/91 22/23 Jul Jakarta/Palembani I
      188 words
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      1540 40 Finsinonrsj nae CHINA OCEAN SHIPPIN6 COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS: SINGAPORE'S GENERAL AGENTS •DONESA'S AfiEKTS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD PT GLOBAL PUTRA m IE: U2SWI/I7 FM: *****92, ***** INDONESIA MARITIME f. KLAN6 Ttt 3USKX/I TU MA ***** Ij-Ttt (021)*****7, *****4 KNANG TEL (*****
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      730 41 ouppiii* iiiiics, rnuay «iuiy i* i»si GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 11.7.91 HONG KONG 12.7.91 BUS AN 14.7.91 BANGKOK 13.7.91 EUROPE 14.7.91 TOKYO/KOtt/YOKOHAMA 14.7.91 USA 15-7.91 AUCKLAND 21.7.91 FREMANUE 16-7.91 SYDNEY/MELBOURNE 15.7.91 FOR BOOKING PLEABE CALL AT OUR HOTLINE 538-0155 (8 LINEB) FAX: *****92 PLC AM CONTACT CAME TAN, KATHLYN TAY. SOPHIA
      730 words
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      Page 41 Advertisements Column 2
      445 41 S5T!!!chS Sa TEL: *****33 (12 Llimb) rl FAX: *****15/*****03 pi TELEX: RS ***** RISHIP (3 Lines) \*P\ ETHIOPIAN SHIPPING LINES 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Tvoy eta loading for SPORE anchnet 24wi ia/o« oaressalaam. mombasa. cxiibouti ASSAB. MASSAWA ABYOT 26W8 "t<Vos DARESSALAAM. MOMBASA. DJIBOUTI ASSAB.
      445 words
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      Page 41 Advertisements Column 3
      842 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM ETA ETA STORE rail KELAK PEIUNG BLUE MUX 15'7 11/7 (Lumut) 10/7 Loading tor Mate RUVAI HUDHU 20/7 Loadinc to' Calcutta WX PUN 9/7 7/7 loading For Male PIONEER SUPREME In Pt 10/7 Loadinc For Malt DONAKULH IS/7 Loaded For Fttiwaru
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      Page 41 Advertisements Column 4
      749 41 SYDNEY/MELBOURNE BANGKOK mm. [W nw m m Ikhr wt mmm www PITA BHUM jIUX 20-21/7 2-4/1 M/l MAHA BHUM# <5* MPt 12/7 Mob 15/7 PLAKTA 1251 HO/7 22-24/7 25-28/7 OCJA BHUM*# 11 fat 13/7 Tiw IS/7 PITA BHUM ***** 2Q 21/ I 2-4/0 M/» NORDBEACH 03H Sat 13/7 Tuo U/7
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      1133 42 11 r Titian aacu a,n nop n fl I S'PORE 1MP0RT:*****02 I I I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 1 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS j COLOMBO®. AFRICA pEN pK S(N PEN PK SIN
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      Page 42 Advertisements Column 2
      380 42 IfifSlP BLUE star line WW*** SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI S4M N. fIY MICK IYT MANDAMA MOO 23 M 1 Auf W* JJ?
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      Page 42 Advertisements Column 3
      1208 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 SSSX. TLX: RS ***** CARRIER. RS ***** JENHOL r fT f CONVENTIONAL/CONTAINER COHTAN— —infM I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT In* |KST VESSEL VOT SPttE
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      692 43 vBEdL DE VAPORES "PERUVIAN STATE LINE" ACCEPTM6 BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, KMT ARAM, HO* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnmj* P. KtUn( Smfaport E'Msia KAMALEVEAETT 14/18 M 17/19 Jul THOMASEVERETT 22/25 U KARABEVERETT 29/31 lul 01/03 Au| "EVERETT ORIENT LINE" JAPAN/BAY
      692 words
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      Page 43 Advertisements Column 2
      516 43 wi Ivot U pont |M*»i.iN« |mt [saw Etc w» m luumu i7i 17/7 m canaoa it/o 20/0 2i/o m SINGAPORE 401 25/7 ZM ITALIA 27/0 V* 0/9 10/9 12/* ZM YOKOHAMA 111 29/7 ZM 11 All* 27/1 J/9 0/9 10/9 12/9 2M IWSre IJU 9/0 ZN KOREA 5/9 14/® 17/®
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      Page 43 Advertisements Column 3
      601 43 StUPPMB PTELTD I MIDDLE-EAST/PERSIAN GULF ACCEPTINQ FCL/LCL DUBAI DAMMAN. SHARJAH. DOHA. MUSCAT. BAHRAIN, ABU OHABI. BANDAR ABBAS JCDOAH FAR EAST ACCEPTING FCL/LCL P£NANG. P/KELANG. JAKARTA BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON, FELIXSTOWE, LEEDS, TIBURY. ABEROCEN. LE HARVE HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN I ALL OTHER
      601 words
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      Page 43 Advertisements Column 4
      626 43 rw PERINTIS LINE I 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SSY PELOPOR 996 13/07 16/07 MELITA 19/91 16/07 19/07 PRASETIA 181 A 18/07 21/07 PELOPOR 997 20/07 23/07 MELITA 21/91 23/07 26/07 TANTO UTAMA 177 IN PT 15/07 TANTO UTAMA 179 21/07 24/07
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      Page 43 Advertisements Column 5
      377 43 SM FIB EAST 14/7 KEELUNG KAOHSIUNG 14/7 BANGKOK 20/7 MANILA/CEBU 20/7 JAKARTA/BELAWAN/SURABAYA 20/7 PORT KELANG/PENANG/E. Malaysia .20/7 BUSAN 14/7 TOKYO/YOKO/KOBE/NGO/OSA 15/7 HONG KONG Sin mm 15/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU also accepting LCL cargo SIN EHKOPE/UK 15/7 LDN/FLX/LVP/SOU 15/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 18/7
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      798 44 FIL Container Services Pie Lid mm IHfc TOTAL SERVICES NVOCC MADRAS CALCUnA VBL VOY BIHOAPORC/MADRAB/BINQAPORE VBL VOY BINOAPOBE/CALCUTTA/BINOAPORE VESSEL VOY SM IMA SM VESSEL VOY SIN CM. SNt •NEXT MAI ABLE Sid 16-18/07 24-26/07 NEXT AVAR.ABLE 18-16/07 23-26/07 01-02/01 17-11/07 24-26/07 01-01/08 21-22/07 27-31/07 06-07/01 21-22/07 2S-30/07 05-05/06 21-22/07 27-31/07
      798 words
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      Page 44 Advertisements Column 2
      591 44 I SFTH SHIPPING CORP. SDN BHD (j3GU fT KLANG TEL: 03 *****01 |i Nm| PENAM TtL 04 *****9 SM« TEL 0M214M2 U m o|4 *****2 TMMI TEL OM-""" W STIIL oJKSS WCH TEL OMNIUM M'SIA TO USA/CANADA CONTAINER SERVICE I FEEDER IWY PEN 1 PKL |SW LA/LBI KST I NYC
      591 words
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      Page 44 Advertisements Column 3
      808 44 Aganti CpjO PENANG KL: allied-LINK SINGAPORE: W 04-*****2 09-*****55 778 6522(22 linesi Marina Onfl Susan Ng/PMIIp Kaa Irana Chang/Esthar Yap \SS2- 7 MANILA ETA VIGOUR SINGAPORE 4NB 13/7 VIGOUR PACIFIC 41NB 20/7 BANGKOK 19/7 26/7 BUSAN 23/7 28/7 HONGKONG 23/7 28/7 DURBAN/PT LOUIS 26/7 3/8 KEELUNG 11/7 21/7 USA 15/7
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      335 45 vCD c vOc O c vCZ> c vQc OcOc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION 0 VOTAINER CONSOLIDATION SERVICES: U A the only consolidatqr with woridwide network V J Weekly FCLACL Services To/From \J > USA EUROPE FAR EAST > Consolidation Services HamOurg- Van Ommeren Hamburg GMBH.
      335 words
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      Page 45 Advertisements Column 2
      604 45 MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALANO/FUI -I VESSEL Jkt Pig *f« *Btt Sin STwya Auckland Fip(A) NPtymouth(A) Timaru Lyttatton(B) Du*<fci(B) Napier Wefcgton(C) Tawanga N. Rouen/9116 9/7 11/7 11/7 11/7 12/7 16/7 29/7 21/8 31/7 1/8 2/8 2/8 3/8 3 8 5/8 N. Rotterdam/9117 20/7 22/7 22/7 22/7 24/7 27/7 9/8
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      303 45 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) I HOUR ONO 0100 0200 «JM MM OHO MOO #700 MOO MOO *****100 **********00 ISM 1(*****01»***** 2000 2100 2200 2300 JR 30 2.6 1.9 1.2 0.7 0.4 0.3 13 06 1.2 1.8 2.2 2.5 2.5 22 1.7 1.3 1.0 1.0 1-2 1.5
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      796 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEBT feeder wt hi he s* lmhaul voy lbh oak sea l* hair. dot tcm/«a ptl NAN Ml 203 01$ 14/07 15/07 17/07 H. EXPLORER 41£ 12/01 15/01 11/01 GOLDEN GATE BSIOGf
      796 words
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      Page 46 Advertisements Column 2
      112 46 PASJR GUDAHG/SINGAPORE TWICE WEEKLY SAM-tNGS (THE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 015S 12/7 13/7 016S 15/7 16/7 017S 19/7 20/7 018S 22/7 23/7 019S 26/7 27/7 020S 29/7 30/7 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02)534-0042 ""^damarsega^agun'G VESSEL VOY P.GUDANG STORE JOSINDO SATU 015S 12/7 13/7 016S 15/7
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      Page 46 Advertisements Column 3
      517 46 CHARTPOINT Every Saturday in Business Times ■SESSESSS^^^m v.n _..bjj THE NATIONAL SHIPPING COMPANY Of SAUQI ARABIA VESSEL VOY NO SIN JEDDAH DUBAI DAMNUM (JEBEL ALI) MOORDRECHT FEA 001 27/07 09/08 16/08 17/08 S% K .M» n <L» ESWA"" (Aft MCHCJK CO) C* NO. **********M1 >13lu n m ¥Ka CII 3
      517 words