The Business Times, 8 August 1991

Microfilm: NL17607
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, August 8, 1991 75*
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  • NEWS SUMMARY
    • Article
      Serbian fighters rain shells on Croatia
      58 1 ZAGREB, Yugoslavia Serbian fighters rained hundreds of shells on Croatia hours after a federally-brokered ceasefire went into effect early yesterday, and a Croatian minister threatened to hit back. "I cannot guarantee that the Croatian forces will not respond," said Deputy Interior Minister Milan Brezak
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    • Article
      India lifts import curbs
      39 1 NEW DELHI India yesterday lifted tough import restrictions on exporters, easing bank credit limits and relaxing a virtual ban on access to foreign exchange which it had imposed in a bid to save hardcurrency reserves.
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    • Article
      Funan upgrading
      17 1 PIDEMCO LAND has released plans for a $44 million upgrading for Funan Centre Page 2
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    • Article
      Poor report card
      28 1 THE MAJORITY of investment analysts think Singapore's publicly-listed companies do a poor job of distributing information to the investment community, says a survey Page 2
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    • Article
      Malaysians optimistic
      27 1 MANUFACTURERS in Malaysia expect better performance in output, sales and exports this year, according to a survey by the Federation of Malaysian Manufacturers. Page 8
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    • Article
      Aussie inflation down
      34 1 AUSTRALIA'S annual inflation rate fell to 3.4 per cent in the year to June 30, its lowest level for more than 21 years, says the country's Bureau of Statistics Page 8
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    • Article
      Call for world efforts
      21 1 THE EUROPEAN Community has called for world efforts to resolve the current crisis in Yugoslavia Page 9
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    • Article
      Next move for HK
      19 1 IN THE RUN-UP to 1997, Hongkong should seek to forge links with Beijing Page 11
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    • Article
      Reasoner dies
      19 1 AMERICAN newscaster Harry Reasoner, known for his wry wit and low-key unflappable delivery, died yesterday Page 17
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    • Article
      MAS shortlists firms
      32 1 SIX contractors have been short-listed by Malaysia Airlines to submit proposals for an engine overhaul centre, estimated at MS9O million ($56.4 million) at Subang Airport. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      30 1 WALL STREET headed higher early yesterday in a renewed move towards record highs. The Dow Jones Industrial Average rose 2.46 to 3,029.74 in the first hour of trading.
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    • Article
      Footsie higher
      30 1 LONDON shares were higher at midday yesterday following the Wall Street rally a day earlier. The FTSE 100-Share Index was up 19 points to 2,592.3 by 1112 GMT.
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    • Article
      Shipyard expands
      34 1 JURONG SHIPYARD, which has reported a 45 per cent jump in first-half profits to $31.3 million, is expanding its operations abroad through tieups in the Middle East and South-east Asia Page 3
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    • Article
      JEL does well
      31 1 JURONG Engineering has achieved a sharp increase in first-half earnings, with the bulk of its 51.97 million earnings coming from higher margins at the company level Page 3
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    • Article
      Heavy-duty plan
      25 1 INDONESIA'S largest heavy equipment distributor is cmbarking on a 50-billion-rupiah (Sssoo million) expansion plan to transform itself into a regional powerhouse. Page 3
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    • Article
      Taiwanese moving in
      23 1 TAIWANESE commercial banks have moved slowly into Hongkong to take advantage of Taiwan's burgeoning trade with the territory Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 705.99 +1.38 Kuala Lumpur ....579.40 -7.97 Tokyo 23,691.02 +226.06 Hongkong 4,061.31 +40.04 Sydney 1,591.1 +12.0 Tuesday Change New York 3,027.28 +38.24 London 2,573.3 -12.1
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7250 100 Yen S$ 1.2698 MS SS 0.6232 Money market rates Overnight 4-3/4 +1/4 3-month 5-1/8% -3/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS355.85 -US$1.35 Rubber S'pore Sep 141.50/kg -0.25 M'sia Sep 228.00*/kg unch KL Tin Turnover 53 tonnes +3i Spot MS 15.40 /kg unch Crude palm oil Turnover 2,174 lots -766 Aug MS859/tonne +16
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  • Article, Illustration
    Rough times for disk drive industry in S'pore
    522 1  -  Prospects likely to stay bleak till year-end By Joseph Rajendran, Carolyn Lim SINGAPORE'S disk drive industry, a major export sector, is facing rough times, with prospects likely to remain bleak till the year end. Demand for disk drives, which store data in
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  • Article
    Lock icon Fed cuts interest rates in bid to spur economy
    181 1 NYT NEW YORK The Federal Reserve pushed short-term interest rates down a notch on Tuesday, a move that analysts said was needed to stimulate the economy, which is making only a sluggish recovery from the recession. By continuing to reduce interest
    NYT  -  181 words
  • Article, Illustration
    F & N group GM leaving to take up Intraco CEO post
    313 1  - F N group GM leaving to take up Intraco CEO post By Elaine Koh AFTER a decade with soft drinks giant Fraser Neave, Bernard Chen is moving on to take up the post of chief executive officer at Intraco, the trading group that is seeing the departure of its current
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  • Article
    OCBC posts good results despite slowdown forecasts
    413 1  -  By Chew Eng Han OCBC Bank, the second of the Big Four banks to release interim results, has unveiled an impressive set of figures. And, despite recent forecasts by economists of a slowdown in the financial sector, stock analysts expect the group to
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  • Article
    DBS to launch new service for corporate clients
    517 1  -  By Kooi Cho Teng IN A MOVE that will cause ripples in the commercial banking community, DBS Bank is about to unveil a new service which will, in effect, allow interest to be generated from corporate current accounts. DBS Corporate Plus, as
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  • Article
    Lock icon McDonnell hits at Airbus
    75 1 Reuter LONDON Airbus Industrie's success in commercial aircraft markets stems from massive subsidies from three European governments, said the chief executive and chairman of McDonnell Douglas Corp, John McDonnell, in an article in the Financial Times yesterday. His company is competing against Airbus and Boeing for
    Reuter  -  75 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      186 1 0 i I I \D L <Keigns when it pours Ad Marketing 12 KLSE 21 Weather 27 Aircraft Schedule 27 Money Changer Rates 27 World News 9 Commodities 26 Money Market 25 For market indices, editorial, Company News 3,4,6 Regional News 8 advertising and circulation exCryptic Crossword 27 Regional Stock
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    • Advertisement
      Page 1 Advertisements Column 2
      152 1 Sally SHOES FASHION ACCESSORIES THERE WILL BE normal publication of Business Times tomorrow, even though it is the National Day holiday. The paper will be available at the usual outlets. THERE ARE SOME APPOINTMENTS EXECUTIVES JUST LOVE TO KEEP. 1 I bHI J I I I I I IPBTi I
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Case surveys R-rated films
        54 2 IN A RECENT month-long survey on the screening of R-rat-ed films here, the Consumers Association of Singapore (Case) found that there were too many R-rated films being shown here. It said those films available lacked quality, adding that the new classification system should allow more quality
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      • Article, Illustration
        Sisir goes 3-D
        38 2 THE Singapore Institute of Standards and Industrial Research (Sisir) has given its logo a three-dimensional effect to add dimension and dynamism. This is to reflect Sisir's changing role, the institute said in a statement yesterday.
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      • Article
        Wits convention
        79 2 THE 1991 Public Sector Wits Convention-National QCC Convention 111 will be officially opened on Aug 14 by Dr Andrew G K Chew, head of the Civil Service. In Mr Chew's keynote address, he is expected to mention an expanded role for Work Improvement Teams (Wits) and for Wits
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      • Article
        Indonesian Speaker on visit
        84 2 KHARIS SUHUD, Speaker of the Indonesian House of Representatives, will be in Singapore on an official visit today at the invitation of Tan Soo Khoon, Speaker of the Singapore Parliament. Kharis Suhud will be accompanied by a fivemember delegation. During the visit, the delegation will call
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      • Article
        Marketing services on offer
        77 2 PUBLIC relations and marketing consultancy Media Dynamics has announced a programme to encourage Singapore s small and medium-sized firms to use its marketing consultancy services. The programme offers local companies discounts on standard service rates as an incentive to invite response. The SME programme is aimed
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    • Article, Illustration
      Pidemco to spend $44m to upgrade Funan Centre
      343 2  -  By Sangeeta Mulchand PIDEMCO LAND has finally released plans of a $44 million upgrading for Funan Centre that will also increase retail space by 50 per cent. Tenants at Funan Centre have been expecting a renovation phase since last December, and since
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    • Article
      Telecom's exchange now fully-computerised
      198 2 SINGAPORE Telecom has completed the installation of stored programme-controlled switches, making the Republic one of the few countries in the world to have a fullycomputerised telephone exchange network. With the new computercontrolled switches, telephone subscribers in Singapore can now make use of Phone Plus services without
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    • Article
      Listed companies do poor job of giving information: survey
      268 2 A SURVEY of investment analysts has revealed that a majority think Singapore's listed companies do a poor job of disseminating information to investors. The survey, conducted by public relations company Ogilvy Mather (O&M), polled 80 local and foreign investment analysts, of
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    • Article, Illustration
      Honours for a general
      125 2 PRESIDENT Wee Kim Wee sharing a private moment with General Try Sutrisno yesterday after the Indonesian general was conferred Singapore's military honours. The Indonesian armed forces chief was decorated with the prestigious Daijah Utama Bakti Cemerlang (Tentera) for his contribution to fostering good relations between the
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      679 2 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1991 Company Group Six months ended Incr/ Six months ended Incr/ 30.06.91 30.06.90 (Deer) 30.06.91
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    • Advertisement
      Page 2 Advertisements Column 2
      379 2 0 mm OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated In tho Republic of Singapore) The Directors are pleased to announce the following:1991 1990 Increase The Group The Bank The Group The Bank The Group The Bank SS'OOO SS'OOO Ss'ooo SS'OOO 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1991 Net
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  • COMPANY NEWS 1
    • Article
      Jurong Shipyard seeks tie-ups with M-E, S-E Asian yards
      506 3  -  By Rahita Elias JURONG SHIPYARD (JSL), which yesterday announced an outstanding set of interim results, is expanding its operations abroad through tie-ups with other yards in the Middle East and South-east Asia. In the first six months, JSL profits after tax
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    • Article
      Two local investment funds post poorer results
      325 3  -  By Diana Oon DIFFICULT trading condi- j tions forced a poor showing by two of the locally listed closed-end investment funds. Narrow trading margins in the last four months, following the run-up in world markets in January and February affected the interim profits
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    • Article, Illustration
      JEL turns in strong earnings
      149 3 JURONG Engineering has posted an earnings figure of $1.97 million for the halfyear ended June 30, a sharp rise over the same period in 1990. The bulk of the profits came from higher margins at the company level. Jurong Engineering, one of the largest local
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    • Article
      Quick remedies needed for whatever ails the KL bourse
      509 3  -  MARKET TALK By Leslie Lopez KUALA LUMPUR After a sparkling performance in 1990, Malaysian securities officials were predicting that heady economic growth would ensure another long-term rally on the Kuala Lumpur Stock Exchange. Today, dark clouds loom over the exchange and
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    • Article
      Malayan Cement to carry on with suit against MUI
      513 3  -  MUI-Malayan Cement dispute From Leslie Lopez in Kuala Lumpur MALAYAN CEMENT Bhd will proceed with legal proceedings against its jointventure partner Malayan United Industries Bhd (MUI) to block the latter's proposed disposal of its stake in a Singapore cement manufacturer. In
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    • Article
      Lock icon Sri Hartamas fails in appeal against wind-up order
      278 3 Bernama KUALA LUMPUR Sri Hartamas Development Sdn Bhd failed in the Supreme Court here yesterday to stay the execution of a High Court ruling which ordered it to be wound up. The Supreme Court dismissed the company's motion for a stay pending
      Bernama  -  278 words
    • COMPANY BRIEFS
      • Article
        Idris Hydraulic in M$6m acquisition
        60 3 IDRIS HYDRAULIC is buying a 40 per cent interest in Kuala Perlis-Langkawi Ferry Services (KPL) for Ms 6 million from Messrs Ooi Kok Hean and Ooi Kooi Bee Kooi Bee. Idris Hydraulic also took up an option to buy a further 30 per cent stake
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      • Article
        Nestle's interim earnings up
        78 3 NESTLE (M) turned in a 17.5 per cent rise in group earnings to M 544.38 million for the six months ended June 30. Group pre-tax profit grew 17.9 per cent to M 567.3 million on an 11.7 per cent rise in turnover to M 5531.58 million.
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      • Article
        Printing firm does better
        59 3 SUPERIOR METAL Printing said group net earnings grew 45.5 per cent from a year earlier to $1.22 million in the six months ended June 1991. Pre-tax profit rose 50.5 per cent to $1.82 million on a 33.4 per cent gain in turnover tO- million. Earnings per
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      • Article
        Change of CEO
        51 3 C I HOLDINGS executive chairman Vincent Tang Fook Lam will be stepping down as chief executive officer at the group's annual general meeting on Dec 7. He will remain as non-executive chairman. Chong Haee Lee, who was ap* pointed a CIH director in July 1990, will replace
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      • Article
        Sanda confident of future
        67 3 KUALA LUMPUR To-be-listed Sanda Plastic Industries Bhd says its performance will not be materially affect 1 ed by the emergence of smaller operators taking advantage of the increasing demand for moulded products. It said in its prospectus relating to its offer for sale of 5.25 million
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    • Article
      Petaling Tin's major shareholder censured
      180 3 HIJAZ Industries, Petaling Tin's largest single shareholder, and parties acting in concert with it were publicly censured by the Malaysian authorities for failing to make a mandatory takeover offer for the Petaling Tin shares they did not already own. In the public censure issued last
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    • COMPANY BRIEFS
      • Article
        Japan's car parts giant sees fall in profit
        98 4 TOKYO Nippondenso Co Ltd sees a parent current profit of 92 billion yen (S$ 1.16 billion) in calendar year 1991, down from actual current profit of 110.21 billion yen a year earlier, a company spokesman said on Tuesday. Nippondenso, Japan's largest manufacturer
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      • Article
        Beazer Asia wins £28.4 m orders
        72 4 LONDON UK construction company Beazer pic said Beazer Asia Ltd recently won contracts valued at more than £28.4 million (SsBs million) in Hongkong, Thailand and Macau. Beazer pic owns just over 50 per cent of Beazer Asia. It said the contracts were awarded by
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      • Article
        Board to study Hopewell project
        71 4 BANGKOK The Board of Investment, chaired by Prime Minister Anand Panyarachun, has appointed a sub-com-mittee to conduct a study on the Hopewell Group's community train and overhead expressway project. This was announced after Mr Anand met Hopewell Group chairman on Monday. Apart from the Hopewell
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      • Article
        Mitsui firms expect losses
        97 4 TOKYO A consortium of five Mitsui group companies will post a total 15.3 billion yen in extraordinary losses in the first half of the year ending March 31, 1992, company spokesmen said on Monday. The losses would be incurred following the failure last February of the
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      • Article
        BHP to keep Woodside stake
        97 4 SYDNEY The Broken Hill Pty Co Ltd has denied speculation that it may off-load its remaining 10 per cent stake in Woodside Petroleum Ltd, operator of the North West Shelf liquefied natural gas project. A spokesman for BHP's petroleum division said yesterday that the company
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    • Article
      Lock icon IGA offered prime Sydney site for development
      321 4 MBT KUALA LUMPUR Ipoh Garden Australia (IGA), a subsidiary of IGB Corp, has been offered, in principle, an Assoo million (SS6SO million) property development project in Sydney by the Australian government. Sources say IGA has deposited Asl million as earnest money and negotiations
      MBT  -  321 words
    • Article
      G Lumber wants to raise RHB stake
      400 4  -  By Magdalene Ng GENERAL Lumber (Holdings) Bhd may soon become the single largest shareholder in Rashid Hussain Bhd (RHB) if its plan to raise its stake in the financial group to 30 per cent is approved by its shareholders at an extraordinary general
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    • Article, Illustration
      United Tractors plans 50b rupiah expansion
      614 4  -  From William Chia in JAKARTA INDONESIA'S largest heavy equipment distributor PT United Tractors (UT) is investing 50 billion rupiah (Ssso million) over the next five years to transform itself into a regional power house. UT is putting a substantial amount of money into coal
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    • Article
      Lock icon Sanyo plans batteiy plant in Europe
      237 4 Reuter TOKYO Sanyo Electric Co Ltd is considering building a plant in Europe to produce rechargeable batteries to supply electronics makers there, executive vice-presi-dent Yasuaki Takano said on Tuesday. Sanyo, which makes rechargeable nickel cadmium batteries in Japan, Hongkong, Mexico and China, aims to
      Reuter  -  237 words
    • Article
      Bangkok handling phone bids unfairly, says Shinawatra
      316 4 BANGKOK The Shinawatra Computer and Communications group has levelled accusations at the Communications Authority of Thailand (CAT) board for unfair practice in its handling of bids for the 400 million baht (Ss2B million) International Telephone Exchange II project. The Bangkok Post reported early
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    • Article, Illustration
      Regal Salmon fishing for S'pore investors
      440 4  -  From Schutz Lee in BLENHEIM REGAL SALMON, a leading New Zealand salmon producer, is seeking investors in Singapore to help diversify its exports that are now heavily dependent on the Japanese market. The group, which currently sells 85 per cent of its output to
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    • Article
      Tambang Timah shifts HQ to Bangka Island
      263 4 PANGKAL PINANG, Indonesia Indonesian stateowned tin mining company PT Tambang Timah has moved its headquarters to Bangka Island as part of its five-year restructuring programme, reported the Jakarta Post over the weekend. PT Tambang Timah president Kuntoro Mangkusubroto said the shift of the
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    • Article
      Big Filipino firms did well in first quarter
      703 4  -  MARKET TALK From Al O Labita Jr in MANILA BLUE-CHIP Filipino companies made money in the first quarter in spite of a harsh and crippling business climate, according to a survey by Baring Securities, the Philippine affiliate of Baring Brothers Ltd of
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    • COMPANY BRIEFS
      • Article
        Asil Nadir fails to get bail terms eased
        74 6 LONDON Asil Nadir, chief executive of distressed conglomerate Polly Peck International pic, failed in an appeal to relax the terms of his £3.5 million (about 5510.4 million) bail, his defence counsel said. Anthony Scrivener QC, counsel for Nadir, said after the private
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      • Article
        UK liquidations soar 72pc
        67 6 LONDON Company liquidations for the first half of 1991 were 72 per cent up on the same period last year, said marketing advisory group KPMG Peat Marwick McLintock. There were 11,112 liquidations in the first half of this year compared with 6,449 in the first half
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      • Article
        Talks on Polaroid stake
        88 6 WASHINGTON An investor group backed by Lazard Freres Co, which invested in Polaroid Corp in 1989 to prevent a hostile takeover by investor Roy Disney, said it might hold talks with the instant photography company regarding its stake. The group, led by Corporate Partners LP, said
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      • Article
        Alcan UK unit moves into the red
        59 6 LONDON Alcan Aluminium pic of Britain, a whollyowned unit of Canada's Alcan Aluminium Ltd, reported a first-half pre-tax loss of £3.2 million (about 559.5 million) compared with a £8.4 million profit a year earlier. The company said in a statement that a significant
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      • Article
        Hanson still has ICI stake
        57 6 NEW YORK A Hanson US official said Hanson pic continued to hold a stake in Imperial Chemical Industries pic for investment purposes. Robert Brier, director of investor relations at Hanson US, declined to comment on a report that the UK conglomerate Hanson pic might be
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      • Article
        Mesa to settle suit
        68 6 WASHINGTON Investor TBoone Pickens' Mesa LP said it had reached agreement with people who sued it and its affiliates in March last year in connection with Mesa Petroleum Co's investment and tender offer for Unocal Co:.p several years ago. Mesa said in a Securities and Exchange
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      • Article
        AT&T head sets big targets
        84 6 PARIS American Telephone and Telegraph Co (AT&T) president Robert Allen said he would like to see his company's activities outside the US rise to 50 per cent of the group's turnover. "We do not disclose our objectives region by region but I would like foreign
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      • Article
        Offer to settle suit
        63 6 CARROLLTON, Texas SGS-Thomsom Microelectronics, a 50/50-owned unit of Thomson-CSF and FinMeccanica of Italy, said it received an unspecified amount of money from Seiko Epson to settle patent suits they brought against each other. The cases involved claims that Seiko Epson infringed SGS-Thomson's SRAM and Color Look
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    • Article
      Lock icon Invergordon rejects £286 m takeover bid
      185 6 FT LONDON Invergordon Distillers, the fifth largest scotch whisky producer, has rejected a £286 million (about SSB44 million) takeover bid from Whyte and Mackay, drinks subsidiary of American Brands, the US tobacco group, describing it as "wholly inadequate". Invergordon, one of four quoted whisky
      FT  -  185 words
    • Article
      Lock icon Siemens arm to cut 3,000 jobs in bid to save 600 m marks
      401 6 Reuter MUNICH Computer maker Siemens Nixdorf Informationssy steme AG (SNI), a unit of Siemens AG, says it will slash 3,000 of its 51,000 jobs as part of a programme to save 600 million marks (about SS6O3 million)
      Reuter  -  401 words
    • Article, Illustration
      Lock icon All for higher safety standards
      56 6 SYDNEY Coal miners from New South Wales' Southern Coalfields voting at the Appin Greyhound Racetrack, 60 km south of Sydney yesterday to extend a 24-hour strike until Aug 11 midnight. The 3,000 miners went on strike over safety issues, following the deaths of three miners
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    • Article
      Lock icon Motorola to launch what may be tiniest phone
      259 6 NYT NEW YORK Motorola Inc, one of the largest makers of cellular telephones, said on Tuesday that it planned to sell later this month what it called the smallest and lightest phone on the market. The Microtac Lite Digital Personal Communicator Telephone
      NYT  -  259 words
    • Article
      Lock icon Brent Walker wants bondholders to back debt plan
      266 6 Reuter LONDON Heavily indebted Brent Walker Group pic has secured the support of all 47 of its banks to a £1.4 billion (about Ss4.l billion) debt restructuring, but is still negotiating the plan with bondholders, according to senior bankers to the group.
      Reuter  -  266 words
    • Article
      Lock icon Saint-Gobain shares down again in Paris
      307 6 Reuter PARIS Investors unloaded stock in French glass and building materials group Cie de Saint-Gobain for the second consecutive day on Tuesday as analysts warned the company's shares may have risen too rapidly last month. Saint-Gobain shares, with the heaviest turnover on the bourse,
      Reuter  -  307 words
    • Article
      Lock icon Shell, BP likely to report a dull second quarter
      493 6 Reuter LONDON Flat oil prices mean Royal Dutch/Shell Group and British Petroleum Co pic will report dull sec-ond-quarter results next Thursday. But analysts said poor sec-ond-quarter figures from US oil companies will have prepared stock markets for the results. "The US
      Reuter  -  493 words
    • Article
      Lock icon Corning ties up with Mexican glass maker
      363 6 NYT NEW YORK In an indication of the quickening pace of economic integration between the US and Mexico, Corning Inc and Vitro SA, Mexico's giant glass manufacturer, agreed on Tuesday to market their housewares together around the world. Pending final negotiations and approvals
      NYT  -  363 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      158 3 r f t f f t t t I t t I t 4 SAVE ON YOUR PARKING WHEN YOU LUNCH AT PONDEROSA. Lunch at Ponderosa Plaza Singapura, y v and other irresistible lunch time specials... Marina Square, Raffles City and Bedok not forgetting our fabulous all-you-can-Theatre, because with every
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      54 4 fss-zs) THE CHINESE HERITAGE Presents SPECTACULAR CHINESE WEDDING SEDAN-CHAIR From Ningpo, Shanghai (Only one outside China) at Singapore Conference Hall Shenton Way August Bth August 11th 12 pm 8 pm Exhibit/Sato Antique Blackwood Furniture Chinese Scroll-Paintings Ming Ch'ing Porcelain Antique Chinese Jades ARE PRICED TO SELL Main Shop: <02-55 Lucky
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      312 5 7T r Jra|k iBkWABHBBmBI^^^H^HHB^BmL.- jHWBHKII' ■il- i Kw^B^^H^BMßßWP*Sß^^^^^^^^Bsbse ■*aat' ONLY HONCKONCBANK ATMS GIVE YOU THE SAME BANKING SERVICE IN THAILAND... f v f Thailand, so close, makes for a really convenient short The ETC International network also operates in the 1 holiday; or at least it would, if organising the
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      67 6 3 TIMES A WEEK BY EMIRATES. 3 DAYS FROM $1,610 4 DAYS FROM $1,690 5 DAYS FROM $1,760 Great Value Prices Include: Return airfare Accommodation in 5-Star Hotel (Hyatt, Hilton. Intercontinental) Daily American Brealrfast Meet and assist at Dubai Airport Transfers airport-hotel-airport Arrangement of visa Prices are valid till 31
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  • FINANCIAL NEWS
    • Article
      Lock icon Taiwanese banks moving slowly into Hongkong
      387 7 Reuter HONGKONG Taiwanese commercial banks have begun to move into Hongkong to take advantage of Taiwan's burgeoning trade with the territory, but bankers and government officials said they would expand slowly. Taiwan's government-con-trolled Hua Nan Commercial Bank Ltd officially opens on Aug 8 as
      Reuter  -  387 words
    • Article
      Tat Lee Bank's office in Bangkok opens today
      265 7  -  By Dawn Tan SINGAPORE Listed Tat Lee Bank will open a representative office in Bangkok today. The Bangkok set-up will complement Tat Lee's existing regional network of offices in Indonesia, Hongkong and Tokyo. Tat Lee received formal approval from the authorities last
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    • SMALL CHANGE
      • Article
        Swiss still world's most insured people: survey
        121 7 ZURICH The Swiss remain the world's most insured people, outspending Japanese and Americans on premiums, according to a survey published on Monday. The Zurichbased Swiss Re, one of the world's largest reinsurance companies, said that in 1989, the Swiss spent U552,376 (554,100) per
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      • Article
        Polish bank sells shares
        99 7 WARSAW Credit National of France and Oesterreichische Investitionskredit Aktiengesellschaft (OIA) of Austria have taken stakes totalling around 3.5 per cent in the War-saw-based Polish Development Bank (PBR SA). Under agreements signed in Warsaw, Credit National bought shares worth 25 billion zloties giving it a stake of
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      • Article
        Rules hit Nigerian bank profits
        76 7 LAGOS Profits of Nigerian banks have fallen since they started applying new government guidelines for debt accounting, Central Bank's spokesman Tony Ede said. "Everybody has been declaring lower profits as a result of the Prudential Guidelines. But some have been worse hit than others," he
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      • Article
        N E Asia Bank proposed
        86 7 SEOUL The government is studying the possibility of an internationally invested "North-east Asia Bank" to help expand regional trade and promote economic exchanges between South and North Korea, a published report said yesterday. Seoul's Kyungje Shinmoon, a nationally circulated economic daily, said in a front-page
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      • Article
        RTC assets to be sold: Seidman
        120 7 WASHINGTON Resolution Trust Corp (RTC) chairman William Seidman said his agency was planning to announce yesterday the sale of US$O.5 billion worth of assets from failing thrifts. Mr Seidman, who on Tuesday announced his intention to leave the RTC and the Federal Deposit Insurance
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    • Article
      Lock icon Nat West tells same story of increase in bad debts
      241 7 Reuter LONDON National Westminster Bank pic's half year results capped the reporting season with the same tale of woe as other major UK banks a massive increase in bad debt provisions and a sharp drop in profits. Nat West reported
      Reuter  -  241 words
    • Article
      Lock icon Norway's DnB reports reduced operating costs
      291 7 Reuter OSLO Norway's biggest bank, Den norske Bank A/S (Dnß), has reported a major first-half net loss, but the figure is still better than most analyst expectations and the bank has also reported reduced operating costs. "Den norske Bank's group (operating) costs in the
      Reuter  -  291 words
    • Article, Illustration
      Lock icon Head of US savings and loan rescue bodies to resign
      340 7 FT WASHINGTON William Seidman, head of the US federal agencies responsible for the savings and loan rescue and for the fund insuring bank deposits, intends to resign in two months' time. The 70-year-old Mr Seidman wrote to President Bush on
      FT  -  340 words
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      36 7 »o IF YOU MUST DO IT BE BOLD ABOUT IT. Jjl V i&sL 1- v s :«i rjftjg' mhlt% £§e K j llrarnrt (Pit) ltd "'I I -:h k /'*♦«>• 7j« /«./«< Ih-ftbut. > l'u,i(i( omp /V, ItJ i~
      36 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Migrant intake may be cut: Aussie minister
        89 8 CANBERRA Australia may accept fewer immigrants if the intake strains community welfare services, Immigration Minister Gerry Hand said yesterday. The government is reviewing its immigration programme with ethnic groups throughout the country. "If I was to find that there was a need to
        89 words
      • Article
        Jakarta lifts China travel curbs
        92 8 JAKARTA Indonesia marked the first anniversary of the resumption of diplomatic ties with China yesterday by lifting strict travel restrictions imposed more than 20 years ago. Under a presidential decree dated July 29, Indonesians were now allowed to visit China and vice-versa on condition that
        92 words
      • Article
        Bangkok to lift oil price control
        66 8 BANGKOK The Thai government will lift its control on wholesale oil prices from Aug 19 as a further measure to liberalise the local petroleum industry. Phaichitr Uathavikul, the Minister attached to the Prime Minister's Office, said yesterday that oil refiners would be able to
        66 words
      • Article
        Japan granting aid to Thailand
        72 8 TOKYO The Japanese government said yesterday that it will grant aid totalling 2.96 billion yen (S$ 198.6 million) to Thailand. Of the total, 2.51 billion yen will be used to construct viaducts on a trunk road running through Bangkok to alleviate the city's traffic problems.
        72 words
      • Article
        Laos gets Thai trade perks
        68 8 BANGKOK Thailand's caretaker government has given special low tariffs for goods imported from neighbouring Laos in an attempt to boost bilateral trade. Officials said yesterday that the Cabinet decided on Tuesday to award the Generalised System of Preference rates to landlocked Laos by reducing duties
        68 words
      • Article
        Campaign against death penalty
        108 8 MANILA The London-based human rights group Amnesty International yesterday urged Philippine senators to vote against the reimposition of the death penalty for drug-related crimes. In a letter sent to the 23 senators during their final deliberations over a proposal to restore capital punishment, Amnesty said it
        108 words
    • Article
      Lock icon Better output and exports expected this year
      472 8 Federation of Malaysian Manufacturers survey MBT KUALA LUMPUR In contrast to the continued gloomy outlook in some Organisation for Economic Cooperation Development (OECD) countries, notably the US and Britain, which have yet to move out of the doldrums, an increasing number of manufacturing
      MBT  -  472 words
    • Article, Illustration
      Calling for the return of Marcos' body
      41 8 MANILA Pro-Marcos supporters carrying placards and posters in a market yesterday calling for the return of the former Philippine president's body. His widow has been permitted to return from exile but without his remains.
      41 words
    • Article
      Demand for condos in KL will match supply, says paper
      265 8  -  By Salil Tripathi SINGAPORE The anticipated glut in condominiums in Kuala Lumpur is not something to worry about, says Lim Eng Chong, a director at international property consulting firm Henry Butcher Pte Ltd. In a paper presented last week in
      265 words
    • Article
      Lock icon KL envoy to US optimistic GSP status will stay
      390 8 Bernama WASHINGTON Malaysia's new ambassador to the US, Datuk Abdul Majid Mohamed, has expressed his optimism over the prospect of Malaysia retaining its dutyfree benefits under the US Generalised System of Preferences (GSP) programme. He met US Trade Representative Carla Hills
      Bernama  -  390 words
    • Article
      Lock icon Call for action on goods and services accounts
      112 8 MBT KUALA LUMPUR Policies and measures affecting goods and services accounts must be identified and implemented now to avoid a more difficult adjustment later in addressing Malaysia's deteriorating balance-of-payments (BOP) position. The deputy secretary of the Finance Ministry's Economic Division, Dr Sulaiman
      MBT  -  112 words
    • Article
      Lock icon Australia's inflation rate falls to 21-year low of 3.4 pc
      399 8 AFP SYDNEY Australia's annual inflation rate fell to 3.4 per cent in the year to June 30, its lowest level for more than 21 years, official figures released yesterday showed. The Bureau of Statistics said that falls in petrol and
      AFP  -  399 words
    • Article
      Lock icon Hanoi banking on free market policies to ease jobless woes
      446 8 AFP HANOI Far from being a welfare state, socialist Vietnam is counting on freemarket policies to alleviate its massive unemployment problem. Radical cuts in the public sector in the past two years have sent more than a million people onto
      AFP  -  446 words
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      Page 8 Advertisements Column 1
      969 8 The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of
      969 words
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  • THE WORLD
    • Article, Illustration
      Lock icon EC calls for world efforts to resolve Yugoslav crisis
      512 9 Ceasefire takes effect in rebel republic of Croatia Reuter THE HAGUE The European Community has called for world efforts to promote peace in strife-torn Yugoslavia, as a ceasefire intended to halt the country's worst ethnic strife since World War II took
      Reuter  -  512 words
    • Article
      Lock icon E German recovery seen but jobless problem lingers
      324 9 IHT FRANKFURT The economy of eastern Germany is steadily showing more signs of life but economists warn that unemployment, potentially the area's most explosive social problem, may be the last to show improvement. "Unemployment often continues to persist in spite of an
      IHT  -  324 words
    • Article
      Lock icon Soviet Reds ban democratic faction
      426 9 AP MOSCOW The split in the Soviet Communist Party widened on Tuesday when party leaders outlawed a prodemocracy faction vying for control of the Russian branch and expelled its leader from the party. The action could cause the national Communist Party to lose three million
      AP  -  426 words
    • Article, Illustration
      A blow against Canada's high taxes
      39 9 TORONTO A demonstrator protesting against high taxes pretending to hit another demonstrator dressed as Prime Minister Brian Mulroney on Tuesday. The Canadian leader was in the city for a five-day party policy convention.
      39 words
    • Article
      Lock icon Moscow wants treaties to avoid double taxation
      299 9 Reuter MOSCOW The Soviet Union is seeking to negotiate bilateral tax treaties with as many countries as possible to avoid double taxation. Soviet Deputy Finance Minister Vladimir Rodyushkin said on Tuesday that Moscow should reach accords with other countries to ensure that each
      Reuter  -  299 words
    • Article, Illustration
      Lock icon Menem sticks to tough anti-inflation plan
      581 9 He risks setback in Argentine provincial and congressional elections Reuter BUENOS AIRES Two years after he took power, Argentine President Carlos Menem is sticking to a tough anti-inflation economic programme, even at the risk of a setback for his ruling Peronist Party in provincial
      Reuter  -  581 words
    • WORLD WATCH
      • Article
        Chile and Mexico finalise trade accord
        117 9 SANTIAGO Chile and Mexico worked out the bulk of a bilateral trade agreement on Tuesday while Chilean President Patricio Aylwin met US Trade Representative Caria Hills to discuss the on-going Gatt round. Chilean Treasury Minister Alejandro Foxley spent Tuesday morning negotiating a bilateral agreement
        117 words
      • Article
        Slow road to five-day work-week
        60 9 TOKYO Japanese corporations are slowly introducing a five-day work-week, although employees are lucky if they get two days ofT every week, according to a government survey released on Monday. Only 11.5 per cent of the 5,100 companies with 30 or more employees surveyed by the
        60 words
      • Article
        Sharp rise in US productivity
        96 9 WASHINGTON US productivity posted the biggest gain in almost three years during the second quarter of this year, with a jump of 1.9 per cent over the same period last year, the US Commerce Department announced on Tuesday. The amount of output per hour worked
        96 words
      • Article
        Signs of Canadian recovery
        56 9 OTTAWA Early signs that Canada may be moving out of a recession were revealed on Tuesday. Statistics Canada said the government's composite leading indicator rose in May by 0.7 per cent. This was the second consecutive month of upward movement in the index, the prime indicator
        56 words
      • Article
        Muslim group backs sanctions
        71 9 ISTANBUL A majority of Muslim countries will call for UN sanctions against Iraq to be maintained until Baghdad complies fully with all Security Council resolutions related to the Gulf crisis. A draft resolution prepared by 27 members of the 45-nation Organisation of the Islamic Conference (OIQ
        71 words
      • Article
        Fake degree scam in India
        72 9 LOS ANGELES Newspapers in Bombay and New Delhi recently carried advertisements offering doctoral degrees from the University of California at Los Angeles, in return for a written thesis and a fee of US$2,OOO (553,460) to US$5,OOO. The degrees are forgeries, and shoddy ones at that,
        72 words
      • Article
        India cuts rise in fertiliser price
        76 9 NEW DELHI Bowing to pressure from the opposition and a powerful peasant lobby, India's minority government has announced that small farmers will be spared a hefty increase in fertiliser prices. Finance Minister Manmohan Singh also on Tuesday cut by 10 per cent the 40
        76 words
    • Article
      Lock icon 274 wells recapped as Kuwait predicts all fires out by March
      362 9 Reuter AHMADI, Kuwait Kuwaiti officials have announced that firefighters have recapped 274 of the emirate's 640 blazing wells and predict that all fires will be out by next March. The new figure, up from 249 on July 26, indicates
      Reuter  -  362 words
  • Page 9 Advertisements
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      3 9 Editorial, Pg 10
      3 words
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      Page 9 Advertisements Column 2
      69 9 THE SECRET OF THE FABULOUS COCKTAIL WILL BE REVEALED ON 16 SEPTEMBER 1991. I) Jt' vl RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. v^jqapo ■Amu HUTU. BBOPBNS WITH IM MJTTXS. lAI AND BILUAID BOOM. lATIUI CULL. TIFFIN ROOM. WUTUI BAM. LOBBY BAB AND FUNCTION AIIAI INCLUDING THB BAST INDIA MOMS AND
      69 words
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  • Article
    A time-bomb in Europe
    461 10 EDITORIAL THE guns have been silenced, at least for the moment, in Yugoslavia's breakaway republic of Croatia. After weeks of bloody fighting between the armed Serbian minority and independent-minded Croatians, the warring factions have now belatedly agreed to a ceasefire. On Tuesday, Yugoslavia's collective presidency ordered
    461 words
  • WHAT THE OTHERS SAY
    • Article
      Yugoslav no go
      249 10 IT WAS only a few weeks ago that the European Community, acting with rare unanimity and speed, set off on its mediating mission in Yugoslavia to try and prevent Slovenia and Croatia's bid for secession from driving the country into outright civil war. It seems an eternity
      249 words
    • Article
      Saving medical costs
      106 10 IN MANY developed countries and seemingly in Singapore, medical costs constitute a large chunk of the daily expenses of the ordinary citizens. The costs are bound to increase because of rising expectations and higher standards of living. It is more so with a greying population. For Singapore,
      106 words
    • Article
      Chinese consciousness
      145 10 BESIDES a cultural gap, class distinction is also more obvious within the Chinese community. Many among the new generation of successful Chinese have no links with clan associations and lack a sense of identity with the Singapore Chinese Chamber of Commerce and Industry. But, through a self-help organisation,
      145 words
  • REGIONAL VIEWPOINTS
    • Article
      Crisis control situation
      148 10 THE Gulf War produced a new formula for solving international disputes make use of the UN and mobilize multinational cooperation militarily and economically. A dispute involving a nuclear power would be incomparably more dangerous than the Gulf situation. A new crisis control system therefore must be established.
      148 words
    • Article
      Cautious borrowing
      158 10 INDONESIA'S most senior economist Sumitro Djojohadikusumo strongly suggested last week that large projects outside those to develop basic infrastructure such as transportation, telecommunications and electricity facilities be shelved. There are several legitimate reasons that make additional heavy borrowing overseas extremely imprudent right now. First of all is the
      158 words
    • Article
      Banking on China
      170 10 NOT long ago, Hongkong people would have been horrified by the thought that the Bank of China might be given the right to issue the territory's currency. Now China's participation in the local economy is a cause for confidence instead of concern. By issuing HK$lO to HK$
      170 words
  • Article, Illustration
    Lock icon Dirty tricks and doubtful dealings
    741 10  -  The BCCI scandal has boiled over from fraud into intrigue. Peter Bale reports Peter Bale Reuter A MONTH after a worldwide swoop against the Bank of Credit and Commerce International (BCCI), no one has been arrested and the scandal has spread beyond reports of fraud
    Reuter  -  741 words
  • Page 10 Advertisements
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      97 10 .jaaMßlj*- v -?€^!^BBBBBI Scalpel...scissors...sutures_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well Informed to maximise returns on Essential information accessible every business day yo«r money. t iroU gj l Business Times. In the same way
      97 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      78 10 DOONESBURY BY GARRY TRUDEAU AMMV, UJE PARTEV [F]T] I WORRIED ABOUT HlM,{j]]"! I KEPT THINKING ABOUT I!!!! UNPER SUCH ACRIMONIOUS OF COURSE:. iOHEN THE- BP. STUFfEP IN A BRAPLEY, AfffiPTED HEY. ME, TOO 1 CIRCUMSTANCES, I MAS GROUNP UJAR STARTEP, j, POSSIBLY UNPER. GAS VHM£NCEKS OOP HELP US, TOOEMBARRASEEP TO
      78 words
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  • ANALYSIS
    • Article, Illustration
      Going home...
      1289 11  -  The Aquino government has finally decided to allow the former First Lady Imelda Marcos to return to the Philippines. Harish Mehta examines the implications of this decision Harish Mehta THE credibility of the government of President Corazon Aquino has suffered on account of its pussyfooting on the twin
      1,289 words
    • Article, Illustration
      Time to tame the dragon
      1833 11  -  In the run-up to 1997, Hongkong should seek to forge links with Beijing, says Jonn Elliott John Elliott After a three-year posting in Hongkong, the writer is leaving The Financial Times to take up a post as public affairs adviser to the Hongkong government WHERE
      1,833 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      95 11 The main barrier to cooperation rests within the Hongkong government itself. Book Of the Month No wonder this Notebook is a best seller. High Performance 80C286 Processor (12/7.16/6 MHz) 20 MB Hard Disk Drive, 3.5" 1.44 MB FDD. Backlit Triple Supertwist LCD with VGA Emulation. Letter Size 279 x 216
      95 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Rest, relaxation, adventure
      664 12  -  Romance and history. These v. are the key words being used to entice the new generation of Japanese tourists to Singapore, reports Hong Lee Tiam Hong Lee Tiam AN ELEGANT resort city. That is what Singapore will be to a new generation of Japanese tourists. From September,
      664 words
    • Article, Illustration
      Batey does its bit to train local talent
      467 12  -  A local advertising agency is sponsoring a scholarship plan with the NUS. Sangeeta Mulchand reports Sangeeta Mulchand INDUSTRY leader Batey Ads is putting its weight behind the advertising industry's biggest problem the lack of trained talent. The home-grown multinational is sponsoring a
      467 words
    • Article
      COPY LINES
      265 12 EAGER to shed its white elephant image, Palais Renaissance has appointed Lloyd Martin to come up with a marketing plan that is supposed to change its dormant image. The first task is to change the name. "Palais Renaissance is too much of a mouthful" said Peter Martin, regional
      265 words
  • Page 12 Advertisements
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      625 13 How the smart money k can get a slice g;:. L b? 4 of the action as rr. ic -li. I Scotts goes public. sr Xi i 'Ji git (When an investment opportunity like Scotts going public j for credit facility to finance purchase of A -b.r\T ,k. SCOTTS HOLDINGS
      625 words
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  • SPORTS
    • SIDI LINES
      • Article
        Cornish may not be able to play again
        149 14 BRISBANE Australian Rugby Union international Paul Cornish may not be able to play again after fracturing neck vertebrae in Australia B's defeat by New Zealand B on Tuesday. The 26-year-old centre, who has played three Tests for Australia, was helped from the
        149 words
      • Article
        Sabatini's ready for victory
        114 14 TORONTO Top seed Gabriela Sabatini says she is "eager to win" the US$6OO,OOO (Ssl million) Players International Challenge, and after routing Italy's Silvia Farina, 6-0, 6-0, on Tuesday, it appears she just might. Farina was unable to mount any kind of threat, and only once during
        114 words
      • Article
        Halard, Sloane win
        85 14 ALBUQUERQUE, New Mexico Top-seeded Julie Halard of France and No 4 Susan Sloane posted opening round victories on Tuesday at the US$l5O,OOO Virginia Slims of Albuquerque. Eighth-seed Peanut Louie Harper fell to qualifier Nicole Arendt to join No 5 seed Patty Fendick, who lost on Monday, as
        85 words
      • Article
        Payment for Olympic athletes?
        96 14 HAVANA Pole vault star Earl Bell has predicted that track and field stars may eventually be paid to compete in the Olympics. "Some people may be turning over in their grave, but all things change," said Bell, a three-time Olympian, on Tuesday. "To keep control of
        96 words
      • Article
        Cuban gold harvest
        119 14 HAVANA This is a first for the Cubans, and they're coming in first all over the place. Cuba owns the 11th Pan American Games, the largest international sports soiree ever held on this island, and that's bad news for the rest of the Americas. Through four days
        119 words
      • Article
        Can Botham work his magic?
        138 14 LONDON England will be looking for more than a touch of the old lag Botham magic in the fifth and final Test, starting at The Oval today. On an occasion already emotive enough with the farewell appearance of Viv Richards, among the greatest in a
        138 words
    • Article, Illustration
      Lock icon Azinger out of running, Baker-Finch doubtful
      696 14 PGA Championship AP CARMEL, Indiana Paul Azinger is out of the 73rd PGA Championship and British Open champion lan Baker-Finch is questionable. Azinger, on the mend from shoulder surgery, withdrew from the 151-man PGA field on Tuesday following a practice session. "There's no way
      AP  -  696 words
    • Article
      Lock icon ITF admits receiving medical document from Seles
      275 14 UPI LONDON The International Tennis Federation reversed an earlier statement on Tuesday admitting that it received a medical document explaining Monica Seles' late withdrawal from the Federation Cup. Seles had been given until Monday to present a doctor's note justifying her pullout from
      UPI  -  275 words
    • Article
      Lock icon Stockton still pondering Ryder Cup team
      630 14 Reuter CARMEL, Indiana US Ryder Cup captain Dave Stockton, who has had two years to think about the two players he will appoint to his squad, still does not know whom to pick. "I started out with a short list a year-and-a-half ago and
      Reuter  -  630 words
    • Article
      Lock icon Four nations seek tougher drug ban
      343 14 AFP WELLINGTON Four nations are preparing a motion to put to the International Athletics Federation (lAAF) calling for tougher drug bans, New Zealand's delegate lan Boyd said here yesterday. The united approach has the support of lAAF president Primo Nebiolo but Mr Boyd told
      AFP  -  343 words
    • Article, Illustration
      Lock icon Becker defeats Fleurian; Chang downs Gilbert
      386 14 AP MASON, Ohio Boris Becker, the world's top-rank-ed tennis player, had to wait a little longer to play his first match in the ATP Championship on Tuesday, but it didn't seem to matter. Becker defeated Jean-Phi-lippe Fleurian 6-3, 6-3 in a second-round match on
      AP  -  386 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      281 14 BUSINESS TIME S TBLBPHQNB: 730-3771/3772/3773 PAX; 734-4?82 Form 63S THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS 1987 REGULATION 76 NOTICE TO PROVE DEBT OR CLAIM FOR PUBLICATION Name of Company Engineering Construction (Private) Limited (Under Judicial Management) Company No 1969/*****-C Address of Registered 5 Pioneer Sector Lane Office of
      281 words
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      Page 14 Advertisements Column 2
      194 14 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF NATSURANCE TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50. that a Final Meeting of the Members of the abovenamed
      194 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      144 15 r h to Tomorrow It's The Hour lb Declare^ My Country, My Singapore ft u+l S<- <sy -W /rW -V^ h t ~~fo (~4>\£_ —fr> o**- 7h »+<> rf C€~«o*-d»/&24 aw /~-h> /9&S. dU£y y^, -JIwJL y&^^£V t <2'^{ -#Le. UOt-t<rw i*;t*O -A /ri££ PITA/J) EH O€ 'fcrdjLisj OIL* 14
      144 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      208 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Jto* W/mjA Dessert on the House I Any item you order from our ala carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. l/iiur^'c
      208 words
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      Page 16 Advertisements Column 2
      313 16 A SRUttUNG PORMMTC* APPEARS TONIGHT ABOVE SCOTR RQ\D BAR Wilh lis spectacular glass frontage. the ('unopy liar lis Ihe ideal piacc lo see the stars It's als<>\Singaporc's newest and mir.l exclusive rcndc/vimv < The Canopy Bar. upstairs at the Hyatt Ali 2mL 1 Sip a l° n K co °l
      313 words
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      Page 16 Advertisements Column 3
      328 16 THE EXECUTIVE S SET MEAL $14++ Per Person Monday ♦ROAST BEEP WITH SAUTE ED VEGETABLES Tuesday •SEAFOOD CREOLE WITH SAFFRON RICE Wednesday ♦PORK PICATTA WITH SPAGHETTI NAPOLITANA Thursday ♦RED SNAPPER IN KRLIT SAUCE Friday ♦CHICKEN MERENGO WITH BUTTERED RICE Served \rnth Soup and Dessert of the Day. Plaza Hotel Laig
      328 words
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      Page 16 Advertisements Column 4
      173 16 Zv (att hr arynts i With over 60 tradirional specialities at our extrava- gant French buffet, better make your move before it passes you by. i We serve the world to you at The Belvedere. j French Buffet Lunch j Noon 2.30 pm Adulf: $36+ Child below 10: $18 1
      173 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      712 16 TELEVISION AND RADIO j>tiiwwBiLiM>. u' m wiift tmmsmn/m wotumyxau MMI Mjyniim'mMr-samoa otm v.*Mamam>'memm>amMiißmmnpmmMmMmnmmmmanmanmw<wmammmmMMnßmmmammmmmMmaMmwammamnmmMnmnmmmmmmia>mmnmnmmw>"immmmmwmmmmmmmmmnnmmnmmamammnK^^ cnrio Day Message (E). 5 00 Spoco Cop Gaban tffiift T m/p on A nipV pc Ai a setter- BuaNE9SOWB^° J-/U V C ClllU Ulvivlvij 7.00 IOJO loafer. W.Metrata(Ste- 000 BSC, 88.9 nHz in VNF Band H
      712 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon 60 Minutes man Reasoner dies
      1318 17  -  Harry Reasoner, who died on Tuesday, was best known to Singapore television viewers for his presentation in 60 Minutes. Richard Severo traces Reasoner's life and career. Richard Severo NYT HARRY Reasoner, whose wry wit and low-key unflappable delivery were mainstays in network newscasting for four
      NYT  -  1,318 words
    • Article, Illustration
      Carly raises US$7,000 at celebrity auction
      492 17 CHATTERBOX DOES Carly Simon need chutzpah? She paid US$BOO (S$ 1,380) for an hour's lesson in the art from Alan Dershowitz, whose book on the subject was No. 1 on the New York Times best-seller list on Sunday. More than 1,000 people packed the
      492 words
    • Article, Illustration
      Lock icon Hurt gives healing touch to old wound
      741 17  -  Randa Haines and William Hurt have teamed up again for a second movie. Michael Miller reports Michael Miller Reuter Director Randa Haines and actor William Hurt have teamed up again after five years to make a second highly acclaimed film which critics say
      Reuter  -  741 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      244 17 AND ENTERTAIN Tea cum Bridal Workshop Prepare for your wedding during this beautiful presentation every Sunday in August. From 2 to 5 pm. $18.50++ per person. At the Connaught Room, level 2. August 4 Irene's Creation August 11 Bridal Bazaar August 18 Yumi Katsura August 25 Bridal Bazaar Fashionshow at4pmbyHanis
      244 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market drifts despite overseas rises
      4769 18  -  By Quak Hiang Whai SHARE prices on the Singapore stock market closed barely changed yesterday despite clear gains by overseas bourses. The local market, still lacking buying strength from institutional and foreign investors, languished for most of the day in very thin trade. But, riding
      4,769 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4019 19 Main Board SPH Foreign 1330 20 +1.5% ODE 670 20 3.1% SIA Foreign 1970 +10 +0.5% DBS Foreign A 1340 +10 +0.8% SIA 1340+10 +0.8% Spore Land 580 +10 +1.8% NatSted 50* 472 6 +1.3% GPB SSl.60 332 +6 +1.8% SPH 875 +5 +0.6% Keppd
    4,019 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      264 20 Caai»ny Date Yaar Snap Mat Nat oarnlags Gross am to profit/lass (L) par slur* dMdaad COM) (caats) HTP HMgs Aug 5 Mar 91 16.032($2,334) 6.7(2.6) 10o(-) M Credit Jul 31 Mar 91 $14,284($5,986) 4.4(1.9) 5(2.5) Summa Inv Jul 29 Mar 91 *3.435(53,202L) 2.3( Gotten Hope Jul 18 Mar
      264 words
    • Article
      PRELIMINARY RESULTS
      237 20 Cif«y Date Year Group pro-tax Net uraiip Cross MR to profit/loss (L) par sharo dlvldond (•000) (conts) Malayawata Aug 2 Mar 91 M$51,065(131,216) 38(23.2) 7.5%TE(2%TE) Khong Guan Jul 30 Apr 91 $312L($316l) 4(4) Rashfd Hussam Jul 2« May 91 MJ68.223(J30.105) 24 9( 19.4a) 5(4 5a) Kamunting Corpn Jul
      237 words
    • Article
      INTERIM RESULTS
      370 20 Company Date Half-year Group pre-tax laterim aaa to profit/k»s (L) dividend ('000) FELS Aug 5 Jun 91 J15,347(117.495) UOB Aug 2 Jun 91 $145,382g($139,065g) 8(8) UOF Aug 2 Jun 91 $5,532(56,996) tins Hyd Aug 1 Jun 91 K»$10.228($9.339) S Steamship Aug 1 Jun 91 $20,719(520.534) fCB Jul 31
      370 words
    • Article
      CORPORATE DEVELOPMENTS
      713 20 Aug 6 Amalgamated Steel Mb BM is buying six plantation firms from Malaysian Plantations Bhd for M5184.86m (SSI 18.3 m). Amcoi takings' managing director, Kang Hwi Wah, informed its board that he "has been chagred on Aug 5 for an offence relating to the acceptance of a commission
      713 words
    • Article
      DIVIDENDS ANNOUNCED
      595 20 Current Ex teaks Date Tatal tor Total tor payment data dasa payable the year last year AMFP NYA(e) Jun 19 Jul Aug 15 NYA 2.8( Mn rtdgs 50c 61(b) Sep 4 Sep 16 Sep 30 6% 6% Aw Pk Ld 50c 2%(b) Jul 18 At« 1 Aug 30
      595 words
    • Article
      RESULTS DUE
      464 20 Main Board Last Full Yaar Company Period Date Year Net EPS Ikon flat ammmi endnt (cants) dK proit last yaar (TOOO) Cerebos Interim Apr 27 Jul 91 12.6 20 0TE(a) 38.911 Spore Laid Inter.m May Dec 91 12 6 10.0 44.641(0 Tone Man| Interim Aug 2 Dec 91
      464 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      969 20 Pricas as at 07.0t.91 Conversion terms Expiry (at n a recount) Amount 0ptkNisl ee using In yod Company (mil Wrts Share Loan Com Exer Lmtfc Cash Cash, Loan Gearing. Data Mths units) stock ratio prica nom Stk Left vahM s s Bur will 115.2 0 240
      969 words
    • Article
      APPROVED ISSUES
      235 20 Company Rights Issue Baton One-tor-four M$2 00 per start Ex-date Jul 16 Books dose Jul 30 Acceptance Payment Sep 10 ttte Hyd Four tor tore MSO 65 per share Ex-date Jul 25 Books dose: Aug 8 Acceptance Payment NYA Nat Kap One-for-two SO 80 per share. Ex-date Aug
      235 words
    • Article
      PROPOSED ISSUES
      542 20 Company Rights Issue Asa Pac Laid Or*-tor-two MSO 65 per share Alanc* Tedi One-for-or* SI 00 per share Bofton Issue of $90 978m nominal amourt of 3.5% Redeemable Unsecured Guar anteed Bonds 1991/96 with 45 489m detichaWe warrants on the bass of S2 nominal amount of Bonds for
      542 words
    • Article
      BONDS, LOANS & WARRANTS
      738 20 BONDS, LOANS WARRANTS Company CowvinkHi ported Comnfiton Iff w for om ordlMry thin Birffl m Before 30/6/94 1 warrant plus HKJl 00 ush. CftC m Before 26/4/93 J_ warrant plus" $3 09 cash CauMway Loan CauMway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 ash or 1 warrant plus
      738 words
    • Article
      COMPANY MEETINGS
      287 20 National Kap Ltd: EGM at the Conference Room, 1 Third Chin Bee Road, Singapore 2261 on Thursday, Aug 8, at 11am. Hume hdustries (M) Bhd: EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 ialan Tun H S Lee, ***** Kuala Lumpur on Saturday, Aug 10,
      287 words
    • Article
      RECORD HIGHS & LOWS
      189 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hi* 1333.08 (3/6/91) 1991 hi* 1565.58 (3/6/91) 1991 km: 1022.52 (16/1/91) 1991 tar 1149.06 (16/1/91) 1990 htft 1435.43 (16/7/90) 1990 hi* 1607.12 (27/3/90) 1990 km: 981.07 (09/11/90) 1990 lair 1079.50 (11/10/90) 1989 hi* 1322.00 (28/12/89) 1989 hide 1487.76 (26/12/89) 1989
      189 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices fall broadly on lack of follow-through buying
      867 21 Bernama SHARE PRICES in Kuala Lumpur failed to hold on to initial gains and ended broadly lower yesterday on lack of follow-through support and further liquidation. The KLSE Composite Index lost another 7.97 points to 579.40, its lowest since May 16, 1991,
      Bernama  -  867 words
    • Article
      Untitled
      3310 21 1991 Last Vol Day Net Cap High Low Company Sale TOO High Low P/E Sail INDUSTRIALS 245 165 AISB 50* 206 -1 28 208 206 50.2 211.3 560 310 ASM 50* 456 -16 254 472 456 40.7 1872.5 600 280 Acidchem 505 -5 31 510 505 217.1 685 192 Ajinomoco
      3,310 words
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      179 21 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your §The first 150 subscribers will each receive a Polo Subscription rates 12 issues of Singapore Business Ss4B SsB7 (Surface mail) Ssl3s (Airmail) FORM I Name Mr/Mrs/Miss I Address: B DOCS Tel: (h) J
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish firmer on futures-linked buying
      2201 22 Reuter TOKYO stocks closed firmer yesterday on a spate of futures-linked buying in the last hour of trade. Sentiment, which had soured after easier US credit did not translate into a stockmarket rally, improved towards the close, but turnover and market energy remained low.
      Reuter  -  2,201 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Share prices advance in active trading
      1924 22 AFP AP HONGKONG share prices were generally higher in active trading yesterday, with the Hang Seng Index gaining 40.04 points or nearly one per cent to close at 4,061.31. Turnover, however, fell to HKSI.S billion from Tuesday's HKSI.6 billion. Share prices opened firmly with
      AFP; AP  -  1,924 words
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      34 22 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate %jt Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times Innovation Technology Every Tuesday
      34 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks close at year's high
      • Article
        AUSTRALIA
        890 23 THE Australian share market rose strongly to close at its highest level in a year after a fall in inflation lifted hopes for a cut in interest rates. "If Wall Street is strong, we could see the All Ordinaries going past the 1,600point mark," a Jardine Fleming Australia Securities
        890 words
      • Article
        BANGKOK
        679 23 THAI STOCKS ended mixed yesterday with the index slightly higher in thin trading. The SET index ended 1.04 points higher at 705.99 on a turnover of 2.25 billion baht. Blue chips ended mixed. Bangkok Bank gained four baht to 306 and Siam City Cement one to 143, while Siam
        679 words
      • Article
        MANILA
        546 23 PHILIPPINE shares settled slightly low- er in an absence of market-boosting news and looked poised for further declines over the short term due to the uncertain fate of the US military bases in the country. An air of gloom due to the economic fallout from Mount Pinatubo also hovered
        546 words
      • Article
        TAIPEI
        526 23 THE Taiwan stock index reversed early gains of over 60 points to finish lower as investors took quick profits. The weighted index closed at 4,838.17, 48.86 points or one per cent lower than Tuesday's 4,887.03 finish. Turnover was a thin NT$2O.4 billion. unchanged from Tuesday. Dealers said investors bought
        526 words
      • Article
        NEW ZEALAND
        264 23 LEADING New Zealand shares took heart from a strong overnight performance on Wall Street and better-than-expected Australian inflation data to close higher for the first day in a week. Dual-listed stocks fared best, as they gleaned support from the improved Australian market, brokers said. But it was hard
        264 words
      • Article
        SEOUL
        751 23 SHARE PRICES nose-dived in active trading on the Korea Stock Exchange yesterday ending four days of upsurge. The composite price index of the exchange plunged 21.43 points to close at 741.67. Declines pummeled advances 647 to 92 among the 814 issues that changed hands. Volume amounted to 47.45 million
        751 words
      • Article
        Untitled
        1071 23 Close Previous Aug 7 AUSTRALIA All Ordinaries Index 1,591.1 1.579.1 +12.0 All Industrials Index 2,425.1 2,407.4 +17.7 All Resources Index 949.4 941.9 +7.5 Turnover (million) 112.84 182.56 -69.72 BANGKOK SET Index 705.99 704.95 +1.04 Turnover (billion baht) 2.25 2.44 -0.19 JAKARTA Composite Index 332.76 MANILA Composite Index 1,008.86 1,011.88 -3.02
        1,071 words
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      40 23 The Jakarta and Bombay reports were not available All prices are provided by Telerate For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 749-2577
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  • WORLD STOCK MARKETS
    • Wall Street stocks end near record high
      • Article, Illustration
        NEW YORK
        1345 24 LIFTED mainly by news of an easing of interest rates by the Federal Reserve Board, US stock prices rose sharply on Tuesday, with the Dow Jones Industrial Average landing just eight points short of its record close two months ago. Some other indices reached record levels. The Dow
        1,345 words
      • Article, Illustration
        LONDON
        790 24 SHARE PRICES rallied in London yesterday as dealers judged Tuesday's cut in a key money market rate by the US Federal Reserve to make further cuts in British rates more likely. Gloomy reports on the prospects for recovery in the UK economy also encouraged interest rate speculation, and at
        790 words
      • Article
        FRANKFURT
        273 24 FRANKFURT stocks suffered a moderate loss on Tuesday, as the DAX spot trend indicator closed at 1,611.90 points, down 10.13 points or 0.62 per cent compared with the Monday close. The Commerzbank indicator lost 6.70 points on the day to finish at 1,894.50 points. Observers said the dollar's marked
        273 words
      • Article
        AMSTERDAM
        284 24 DUTCH SHARES yesterday ended a dull session lower amid continued weakness in the dollar and persistent fears of a German and Dutch interest rate hike. The CBS tendency index closed down 0.5 point at 92.6. Turnover was low again. The market was also quiet ahead of second-quarter results from
        284 words
      • Article
        PARIS
        155 24 FRENCH share prices ended easier on, Tuesday in continuing thin trade, but a big sell-off in Saint-Gobain shares lifted turnover above Monday's three-year low. Traders said the market remained featureless as operators waited to see whether the Bundesbank raises interest rates at its Aug 15 meeting. "Many of my
        155 words
      • Article
        MILAN
        216 24 INVESTORS continued to remain mostly on the sidelines and Italian shares closed slightly lower in meagre trading volume estimated near Monday's light 57 billion lire. The MIB index shed four points, or 0.36 per cent, to officially close at 1,112. The index slipped further in later trading and was
        216 words
      • Article
        ZURICH
        243 24 SWISS SHARES closed easier but above the day's low in subdued trading as signs that Swiss inflation was unlikely to ease from its current high level triggered selling. The lower dollar weighed on industrial shares. The All-Share SPI Index eased 4.2 points to 1,117.0 but closed above the day's
        243 words
      • Article
        BRUSSELS
        187 24 BELGIAN SHARES ended marginally higher on the first day of the new for- ward account with most operators still focusing on interest rates. A trader at an Antwerp stockbroker said the market was waiting for the next big interest-rate move either a rise in German rates, which would be
        187 words
      • Article
        JOHANNESBURG
        345 24 A RALLY in platinum and gold shares led a broad stock market advance in Johannesburg on Tuesday as precious metal prices regained more lost ground. Platinum continued to recover after a sharp overnight rally, totally ignoring a statement that a South African, firm has developed a manganese-based car exhaust
        345 words
      • Article
        TORONTO
        265 24 TORONTO stocks ended slightly lower after lack of interest kept the market within a narrow range throughout the session. An apparent easing by the Federal Reserve, which lowered its target for its Fed funds rate to 5-1/2 per cent from 5-3/4 per cent, had little effect. Canada's poor economy
        265 words
      • Article
        Untitled
        122 24 Aug 6 Cloac Prrrkwo NEW YORK Dow Jones 3,027.28 2,989.04 38.24 NYSE Financial 156.02 154.24 +1.78 SAP 500 390.62 385.06 +5.56 Turnover (million) 174.6 125.5 +49.1 LONDON Financial Times 30 1,989.0 1,999.4 -10.4 FTSE 100 2,573.3 2,585.4 -12.1 Turnover (million) 431.0 333.6 +97.4 FRANKFURT DAX Index 1.611.90 1.622.03 -10.13 AMSTERDAM
        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
      Lock icon US dollar ends steady against yen on buying from securities firms
      1171 25 REPORTS Reuter ASIA Tokyo: The US dollar was little changed in late Asian trade yesterday, despite some dollar selling for marks by European participants, dealers said. "Far East players were a bit bullish, buying at around 1.7135-40 marks. But
      Reuter  -  1,171 words
    • Article
      INTERBANK FOREX RATES
      389 25 Cross rates Aug 7 I USS SS MS Dm Yen SFr AS NZS USS 1.7260 2.7730 1.7155 135.90 0.5855 1.4990 1.2780 1.7391 SS 0.5794 1.6066 ***** 0.7874 0.3392 ***** 0.7404 1.0076 MS 0.3606 62.24 0.6186 0.4901 0.2111 0.5406 0.4609 0.6272 Dm 0.5829 1.0061 1.6164 79.22 0.3413 0.8738
      389 words
    • Article
      MONEY MARKET
      543 25 Interbank rates S$ Bid Offer Overnight 4 3/4 4 7/8 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-5/8 LS$ Bid Offer 7 days 5 9/16 5 11/16 1 month 5 9/16 5 11/16 2 months 5 5/8 5 3/4
      543 words
    • Article
      Lock icon US dollar still shaky despite interest rate cut
      437 25 Reuter NEW YORK The Federal Reserve's move to ease interest rates has cleared away only one of several bearish factors plaguing the dollar, so the currency's condition in the near-term will remain vulnerable at best. "The question is now what the Bundesbank
      Reuter  -  437 words
    • Article
      Lock icon Compagnie Bancaire bonds snapped up abroad
      262 25 Reuter PARIS A 1.4 billion French franc (*****.5 million) 1996 Eurobond for French finance group Compagnie Bancaire met strong demand abroad, notably in Germany, but also in Switzerland and Japan, an official at bookrunner. BNP Capital Markets, said. The issue and the increase in
      Reuter  -  262 words
    • Article
      FINANCIAL FUTURES
      1117 25 S1MEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.17 94.19 94.16 94.17 4500 ***** 232\ Dec 91 93.86 93.87 93.84 93.85 8345 ***** 3457 Mar 92 93.76 93.78 93.75 93.76 3040 ***** 1138 Jun 92 93.36 93.37 93.34 93.36 730 2517 882 Sep 92
      1,117 words
  • Page 25 Advertisements
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      10 25 ATTRACT POTENTIAL CANDIDATES with an ad In the APPOMTMMTS' COLUMNS
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      Page 25 Advertisements Column 2
      51 25 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
      51 words
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  • COMMODITIES
    • Article
      Lock icon E Europe nations hit by surplus of grain
      421 26 Reuter VIENNA East European countries are struggling with the problem of disposing of excess grain at a time when the Soviet Union says it faces the threat of famine. For Eastern Europe, the collapse of the Comecon trade bloc means surpluses can
      Reuter  -  421 words
    • Article
      Lock icon World coffee exports fall almost 15pc
      254 26 AP LONDON World exports of coffee dropped 14.6 per cent in the year ending June 30 compared with the same period in 1989-90, the International Coffee Organisation said on Tuesday. Figures released by the inter-governmental agency showed that exports of beans between July 1990
      AP  -  254 words
    • Article
      Malaysian erode palm oil ends firmer
      780 26 REPORTS MALAYSIAN crude palm oil prices closed higher on covering interest yesterday, reflecting a rebound on the futures market, dealers said. They said the market brushed aside losses on the Chicago soyoil futures complex overnight as sentiment was aided by export business to Pakistan
      780 words
  • Article
    PRICES
    1340 26 Rubber Aug 7 HAS (<■> f>**) S cents/kg Noon Close Int I RSS Promp< 140.0(VI41.OON 139.7V140.75N Int 1 RSS Sep 91 I4I.7VI42.25 141.50/142.00 Int I RSS Oct 143.50/144.00 143.25/143.75 Int 2 RSS OP I40 00/142.00N 140.00/142.OON Int 3 RSS OP 138.50/140.50N I38.50/I40.50N Int 4 RSS OP 134.00/136 OON 134.00/136.00N
    1,340 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      539 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 O Export Credit Insurance Corporation of Singapore Ltd (incorporated with limited liability in Singapore) U. 5.550,000,000 Floating Rate Notes due 1992 In accordance with the provisions of the Notes, notice is hereby given that the rate of interest for the six months 8 August
      539 words
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      Page 26 Advertisements Column 2
      301 26 IN THE MATTER OF THE COMPANIES ACT. CAP. SO ANO IN THE MATTER OF YONG GUANG PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore 0923 on 1 August 1991, the following Ordinary and Special Resolutions
      301 words
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      Page 26 Advertisements Column 3
      25 26 Difficulty in getting a copy of Singapore Business, Her World, Go, Home Decor, Young Parents? Call our Hotlines 740-1839, 740-1840 for locations of nearest newsstands.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1178 27 City Fight ETA Fl«ht EID I Aha MmM GA887 1245 GA894 2255 GA975 1300 AMaMa QF081 1820 SQ228 1905 Amstanlaai SQ23 0700 KL834 2240 KL833 0910 GA894 2340 GA975 1300 Athaaa SQ26 2200 Aacklaad BA11 1225 SQ325 2115 Mwli GF148 1000 BaNkpapM GA525/ 1755 910 M
    1,178 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Underneath the glitter lies the grime
      638 27  -  POSTCARD FROM ORLANDO By Anthony DePalma IT MAY BE just an illusion, but there are times when this city, the adopted hometown of Mickey Mouse and Shamu the Whale, seems to be enchanted. Take Orlando's Naval Training Centre, a big base of 17,000 people
      638 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3469 1.3580 Canadian dollar 1.4886 1.5111 NZ dollar 0.9777 0.9946 Sterling pound 2.938 2.962 US dollar 1.7230 1.7270 Load dollars to 100 units of foreign currency Austrian schilling 14.13 14.35
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      92 27 Duration Title Venue Organiser Tel Aug 6-9 IV Jewellery Buenos Aires, Rossi Heinlein *****1-9413 International Argentina Asociados SA Exhibition Aug 18-20 International Germany Mode Woe he- *****1990 Fashion Fair Munchen GmbH Aug 20-31 Izmir Turkey Izmir Fair *****150 International Organisation Fair Duration Title Venue Organiser Td Aug
      92 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      40 27 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      40 words
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      Page 27 Advertisements Column 2
      48 27 HUP AT THE MOVIES tfA S ::x I f m H ft ygji I m K 3 ffgg feasS Do you crunch? Or pet? Or talk loudly? Fina out if artist Hup has caught you at the movies. In the movies page. NEW, NEWS, NEWSY ife Devv paper
      48 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      172 27 We know Kurope rrom scan to riniusn. 25 A beer called for th^ lady's-maid (7) 7 It is in print, for crying out YESTERDAY'S SOLUTION 26 Sort of square slips delude ou d (11,4) England's openers, really 8 Respectable little church in in awe (6-8) the hollow (6) |a|l|llT]hlElßleJhl i
      172 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      195 27 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 32.9"C Assoc humidity 49% Minimum temperature 26.6* C Assoc humidity 84% Hours of sunshine 10.65 Rainfall in mm Nil Rainfall this month 7.5 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 15/08 Windy Bangkok
      195 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      35 27 -rueson is shining, FORGeJ TMC S*n?£TCM£D INR oohkrpol. S UNO, TOOAV 0W0e5.... I'LL (AOOO iwis mowing.... I UAL* "TbUJO«<... U)OR.LD V |T Wit t®i§ e J#Cr >W C EVEKNO BTAWOARO CO. LTO- 1»C-Ht1 f- -pctt*.
      35 words
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  • Article
    Lock icon US institutional investors to sue Japanese brokers
    474 28 Japanese stock market scandal Reuter TOKYO Three US institutional investors are preparing lawsuits against Japanese securities houses that covered losses for favoured domestic clients, a lawyer for the investors said yesterday. The investors charged they suffered damages from paying too high a price
    Reuter  -  474 words
  • Article
    Lock icon Avoid paper shuffling fortunes, warns Anwar
    247 28 Bernama KUALA LUMPUR Malaysian Finance Minister Datuk Seri Anwar Ibrahim yesterday warned against business manoeuvring that merely gives rise to paper fortunes. Support should be given only for those corporate shuffling exercises that involve the infusion of substantial assets and add productive capacity, he
    Bernama  -  247 words
  • Article, Illustration
    Explosive celebrations in Berlin
    40 28 BERLIN More than 10,000 people celebrated the 200 th birthday of Berlin's Brandenburg Gate with fireworks on Tuesday. The gate is seen by many Germans as a symbol of their country's unity, especially following its reunification.
    40 words
  • Article
    HK announces new property rules
    417 28  -  But doubts raised over measures to curb speculation From Catherine Ong in HONGKONG THE HONGKONG government yesterday announced measures to curb rampant property speculation but how effective they will prove to be is in dispute. The new rules reflect the dilemma facing officials as they
    417 words
  • Article
    Lock icon Tokyo considering penalties for stock loss compensation
    338 28 AP TOKYO Finance Minister Ryutaro Hashimoto said the government was considering laws that would penalise brokers who give or promise compensation for stockmarket losses. Disclosures of such compensation brought widespread charges of unfairness in Japanese markets and lax supervision by Mr Hashimoto's ministry,
    AP  -  338 words
  • Article
    Lock icon US missing opportunities in Vietnam: businessman
    361 28 AP BANGKOK A prominent businessman has warned six US congressmen that Japan would stage an economic invasion of Vietnam while the United States was missing chances because of its trade embargo on that country. The congressmen, all Vietnam War veterans, were briefed on Tuesday
    AP  -  361 words
  • Article, Illustration
    A place in the middle for Asean
    833 28  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is a Jakarta-based journalist who writes regularly for BT THE RECENT Asean conference brimmed with new economic ideas, displayed skilful diplomacy in dealing with the US and the European Community, and culminated in an
    833 words
  • Article
    Lock icon Bank of England refuses to release papers to US Senate
    446 28 The BCCI collapse Agencies LONDON The US committee looking into the affairs of the disgraced Bank of Credit and Commerce International (BCCI) is engaged in a battle of wills with the Bank of England over documents it sees as crucial
    Agencies  -  446 words
  • Article
    Lock icon China invites Thatcher for visit
    151 28 Reuter BEIJING China said yesterday that it has invited former British prime minister Margaret Thatcher for a visit next month, soon after a trip by her successor. The semi-official Chinese Foreign Affairs Association confirmed that it had issued the invitation to Mrs Thatcher, whose successor,
    Reuter  -  151 words
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  • Shipping Times
    • Article
      MAS short-lists six for engine repair centre project
      358 29  -  By Magdalene Phang SIX contractors have been short-listed by Malaysia Airlines (MAS) to submit proposals for an engine overhaul centre, estimated at Ms9o million ($56.4 million) at Kuala Lumpur's Subang Airport. In a telephone interview, Mr Bakhtiar Affandi Mohamed Ariffin, MAS director
      358 words
    • Article, Illustration
      New Boeing unit to develop large planes
      246 29  -  By Dexter Lee SEATTLE-BASED Boeing Co, the world's largest commercial aircraft maker, has created a new department to handle its large airplane development programme. Among other things, the new department will study UAL Corp's suggestion that Boeing look into developing a new 650-seat
      246 words
    • Article
      Lock icon Court hearing crucial
      418 29 Sale of Pan Am assets Reuter NEW YORK Monday's bankruptcy court hearing for Pan Am Corp suitors to present offers for the airline is crucial to determine both Pan Am's survival and the structure of the industry for years to come, analysts said. Pan Am's international route
      Reuter  -  418 words
    • Article
      Lock icon Newbuilding activity expected to grow
      257 29 Reuter COPENHAGEN Newbuilding activity in the world's shipyards is expected to increase in the next few years, forming a good basis for the gradual abolition of the subsidies most shipbuilding nations still hand out, the Association of Danish Shipbuilders said. Newbuilding growth is due partly
      Reuter  -  257 words
    • Article
      INDEX TO ADVERTISERS
      894 29 Page Co) ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 •ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg
      894 words
    • Article
      Avoid lines which raised tariffs, freighters told
      523 29  -  From Khaidir Abd Majid in KUALA LUMPUR THE Malaysian National Shippers' Council (MNSC) urged local freight forwarders to avoid shipping lines which have unilaterally increased their rates and tariffs. Council chairman Chua Jui Meng, who is the International Trade and Industry Deputy Minister,
      523 words
    • Article
      Lock icon Delay at Port Klang not intentional
      220 29 Bernama PORT KLANG The Klang Port Authority (KPA) on Tuesday denied claims that it was purposely delaying privatisation of the remaining port services. KPA chairman, Datuk Michael Chen said all efforts were being made to expedite the process but caution was needed on the
      Bernama  -  220 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        PSA alerts masters of ship movements in port
        86 30 THE Port of Singapore Authority has issued a note of caution to all vessels crossing or joining the Traffic Separation Scheme in the Straits of Singapore. In a circular to shipping companies, the PSA said that masters should be on alert for
        86 words
      • Article
        BAE, Sema in new joint venture
        75 30 LONDON British Aerospace and European systems and engineering group Sema have formed a 50-50 joint venture company called BAeSEMA Ltd. It will provide support services and systems to whole ship naval vessel prime contractors, specialist consultancy services in project management and engineering and establish
        75 words
      • Article
        Lufthansa to fly to Kuwait again
        48 30 NEW YORK Lufthansa said it will resume service to Kuwait on Aug 18, with flights twice weekly from Frankfurt. Flights will operate on Tuesdays and Sundays with Airbus A3lO aircraft. Lufthansa suspended service to Kuwait in January due to the Gulf crisis.
        48 words
      • Article
        Midway load factor falls 2.5 pc
        76 30 CHICAGO Midway Airlines Inc said that its July load factor fell 2.5 per cent to 58.2 per cent from 60.7 per cent a year earlier. The Chicago-based carrier said its year-to-date load factor, however, rose 1.1 per cent to 60.7 per cent from 59.6
        76 words
      • Article
        Nissan to boost forklift output
        84 30 TOKYO Nissan Motor Co Ltd will boost production of forklift trucks in Japan by about 30 per cent by the end of calendar 1995, reaching an annual output of about 20,000, Japan's second biggest car-maker said. It produced 16,160 forklifts last year. The company will
        84 words
      • Article
        Car import into Japan drops
        59 30 TOKYO High interest rates and a slowing economy sent July imports of new cars into Japan down from the year before for the seventh straight month, the Automobile Importers Association reported on Tuesday. Registrations for new car imports in July dropped 3.9 per cent from
        59 words
      • Article
        United to speed up jet deliveries
        69 30 CHICAGO UAL Corp's United Airlines has arranged to accelerate deliveries of about 29 Boeing Co jetliners by as much as two years, a spokesman for the carrier said. United spokesman Joseph Hopkins said the airline had obtained delivery positions for four 767-300ER jets in
        69 words
    • Article
      DAILY FREIGHTS
      940 30 DRY CARGO freight rates on Tuesday showed signs of steadying with the Baltic Freight Index unchanged at 1,436. "Some larger operators see signs of the market bottoming out," said a broker. The slide in the SS&Y Atlantic Capesize Index slowed to 11 points for the week to August
      940 words
    • Article, Illustration
      Lock icon Let law of competition rule
      1284 30 The EC Commission has been charged by the Council of Ministers with examining the position of the consortia. The article below questions whether the authorities are going to impose regulations just for the sake of regulating Overseas Digest The simple, comprehensive treatment, under the law
      Overseas Digest  -  1,284 words
    • Article
      COCKETT BUNKER MARKET REPORT
      862 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      862 words
    • Article
      THE SHIPPING GUIDE
      10460 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,460 words
    • Article
      SHIPPING AGENTS
      3326 43 <Ajk: Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Groap: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albntros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,326 words
    • Article
      COURIER SERVICES
      246 43 Abacus Couriers Td: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      246 words
    • Article
      AIR FORWARDERS
      1510 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-803lFax: *****05. Aerosneed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,510 words
    • Article
      Lock icon PORT CONDITIONS
      413 44 Reuter A» 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratu Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk
      Reuter  -  413 words
    • Article
      SHIP SALES & TANKER RATES
      563 44 SHIP SALES TANKER RATES VESSELS ON OFFER Ifc 11. A DMK Ml I Ml I Foes Yiul- 12,396 dwt and built 1973, on offer at US$3.3 million. Alaia: 27,365 dwt and built, on offer at US$3 million. Levent Kaptanoglu: 23,471 dwt and built 1977, on offer at US$7 million. SkctttntociMrs
      563 words
    • Article
      AIR FREIGHT SCHEDULE
      462 44 ARRIVALS Of Flight Type ETA T Froa TODAY KAL KE697 B747F 0150 I SEL NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL615 B747F 0240 1 TYO NWA NW901 B747F 1735 1 ORD/ANC/NRT SIA SQ821 B747F 1755 2 LON/DXB NCA K2203
      462 words
    • Article
      CRUISE & FERRY SCHEDULES
      359 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nat of Vmd ETA tlU Ports of Cilli Port Ayt MM 08 08 Cora Princess 1000 1800 Sin-Jakarta-Sin Scmbawang Johnson 11 11 Orient Sun 1000 1800 Sin-Jakarta-Sin Scmbawang Johnson 12 12 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 15 IS Orient Sun 1000
      359 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        499 45 »> Bar* fcriwl Pqwtaa Marina Twimnal 1 Afcca Star 9110 M03 07 08/1800 Batam Baru 881 M04 tfoqpih 0808/2300 Batanwido 1 78S M01 alongside 0708/1700 Brastap 15/91 M03 07 08/2300 Btm Bahapa *****1 M05 alongside 07 08/2300 Mahkota Exp *****1 M04 alongside 07 08/2300 San Batam S70
        499 words
      • Article
        IN MALAYSIAN PORTS
        214 45 f| I, ,4 WWOif rwi Berth 1; nil; 2: BrasAana; 3; Dade; 4; Progressift 5; Barge Munar No 2; 6: Bunga Dahlia. 01 jetty. Svangen, Howa. DCI: Asif >. Due on Aug 6: Bum Han, Jati, Johan, Pearl One, Mergui, Stelanova. Due on Aug 7: Tomoe 565,
        214 words
      • Article
        CONTAINER SCHEDULE
        902 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booknc/Babnct Rdts Sip Voy No Etb/Btr Period From To From ACX Daisy 17A 09/0900 2 07/1700 08/0659 08/0900 4 08/1200 08/1*59 08/1700 Atad 912 09/1600 4 08/1200 08/1459 08/1700 V Adeiade ***** 08/2100 1 07/1500 07/1659 07/1900 2 07/1700
        902 words
    • Article, Illustration
      Lock icon Greek owner of Oceanos has history of mishaps
      531 46 Three ships sunk over last three years NYT JOHANNESBURG The Greek company that owned the Oceanos, the cruise liner that went down off the coast of South Africa on Sunday, has a history of maritime mishaps, with three of its ships now
      NYT  -  531 words
    • Article
      Lock icon Germans pull out of developing Eurofighter warfare project
      409 46 FT LONDON Germany has withdrawn from the development of an electronic warfare system for the European fighter aircraft, a flagship four-nation government project. The move casts further doubt on German participation in the US$4O billion (Ss69 million) European Fighter Aircraft (EFA) programme
      FT  -  409 words
    • Article
      Lock icon Lufthansa to stop flying to Peru
      189 46 Reuter LIMA Deutsche Lufthansa AG has cancelled its routes between Germany and Lima, Peru's capital, beginning next year due to high operational costs, the airline said here. "The board of directors of Lufthansa has decided in a meeting in Colon, Germany to cancel its
      Reuter  -  189 words
    • Article
      Lock icon Cuba cashes in on vintage American cars
      484 46 AFP HAVANA Cuba is cashing in on the vintage American cars that still rumble down its highways by selling them to foreign collectors for badly needed dollars. Huge petrol-guzzling Chevrolcts, Dodges, Buicks and other American models from the 1950s and earlier are a
      AFP  -  484 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      26 29 Lines and services represented by Members of the Registry of Accredited Shipp«ng;*£ssmY\ Agents, Singapore National Shipping Asso ciation. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 29 Advertisements Column 2
      192 29 SSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, S£OTE 2263 FAX: 661-2946 fgias, TEL: 861-5865 (5 LNES)/M Soto Agent TLX: RS ***** SHMCPU H eE232H»*IKPI Commercial Cleaning I Eauipmertt Industrial Maintenance Equipment Also rental repair J Ar Forwarders 15 Ar Frwght Schedule 16 Cockett Report 2 Contaner
      192 words
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      Page 31 Advertisements Column 1
      2131 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX *****09 All mm BOOKINGS TEL *****34/320Q258 TERMINAL/CPS TEL: *****18 220 rComfll PESAKA JARDINE SHIPPING AGENCIES SON. BHD \SSSF A PORT KELANG TEL: *****18 FAX: *****91 *****88 r\..~\4~ o PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 SSbS Dedicated to Quality
      2,131 words
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      Page 31 Advertisements Column 2
      1978 31 TRANSPORT DIARY ■■■■■■■■■■■■■■■■■■■■■■■■■■■HI Aug 8 (12.15pm): Luncheon Talk by Mr Frederick Tsao, Managing Director of International Maritime Carriers Group of Companies. Organised by The Institute of Chartered Shipbrokers (Singapore Branch) at Wodd Trade Centre Club. For further information, td: 227-7990, 225-7388 or fax: 225-7638. Aug 13-14: Seminar on Shipping and
      1,978 words
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      Page 31 Advertisements Column 3
      1594 31 ■QEHisasEa TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS VMM* Voy ETA ETD 'Port 'Penang Single Kelang DESTINATIONS Tfiw week MatruO* Me»r» (KM Feeder by CY IXB oeoc MRS M Ptmo ■■■I CFS 12/8 2368 MRS OAK LGB HOD MEM ATI MIA CHS BAL PHL NYC MON TOR
      1,594 words
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      Page 32 Advertisements Column 1
      1133 32 JiMjpllpV |rottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LEVERKUSEN EXPRESS 02/331 12/8 29/8 31/8 3/9 4/9 j LONOON EXPRESS 03/132 15/8 6/9 3/9 2/9 KITANO 09/332 18/8 4/9 6/9 9/9 10/9 1 ifSTBOUNO P HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 RELAJKt POUMCAMO HANNOVER EXPRESS 04/333 25/8
      1,133 words
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      Page 32 Advertisements Column 2
      670 32 SEASPAC SERVICE DBECT SOUTH PACHC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2509E8 2/9 18/9 21/9 26/9 M.SO ACCEPTING CARGO MA SUVA TO: lAUTOKA. PAGO PAGO. APU t NUKUAIOAf A DIRECT CHLE/ SOUTH AMERICAN SERVICE SIN IQQ ANF STO VAP CLX IS LA FLOREANA 2500E8 2/9 9/10 10/10 13/10
      670 words
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      Page 32 Advertisements Column 3
      1599 32 I BamiAMA &0m REGULAR INOEPENOENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE T VSL/VOY SM M.G Ba HAM BRE ROT MIT FE UN (VIA (VIA (VIA ALG) HAM) ROT) NOftASIA PEARL 9122-3 12/01 03/09 04/09 07/09 OS/09 09/09 10/09 11/09 12/09 NORASIA PRINCESS 9123 3 11/00 08/09 11/09 13/09 14/09 15/09
      1,599 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2131 33 Lt» r Steamers Maritime Holdings Ltd] w p&o :\gmssffnss^\ Containers V«y Ita +P*i/+P*l !>»• la U In LEBI MAfRSA Sill 03 01 05/ M M/M 22/00 25/00 20/00 21/00 ACCEPTS DUE SALS I KNKUM BAT 054t 03/01 OS/0< 12/ M 2t/00 21/01 31/00 CARGO I LtOOt MAERSA 1110 10/08 12/01
      2,131 words
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      Page 33 Advertisements Column 2
      2285 33 ppaaaaiaaffll wj/xK&wsrr'* HHR/W If OA* ,a cm rw w N0« WTC wnyw wrc wot w cm lm om r_ rrnnfi kmtm efu ia/a «/a a/a ia/a 21/1 a/a M/a ma owaw mui ta/a 28/8 w/a a/7 m/ 7 is/7 u/a cmotmk ran iFii7 17/ a u/a u/a iz/a 27/ a
      2,285 words
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      Page 33 Advertisements Column 3
      393 33 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA/OSAKA COSMIC MASTER VI ETA SPORE In Port ETA PK 10/8/91 ETA YOKOHAMA 19/8/91 ETA OSAKA 22/8/91 LOADING FOR OSAKA/ NAGOYA/TOKYO KOUSHUN Vl4 ETA STORE 4/8/91 ETA PK 26/8/91 ETA OSAKA 5/9/91 ETA NAGOYA 7/9/91 ETA TOKYO 20/9/91 NOTE ALSO CALLING OTHER JAPANESE PORTS.
      393 words
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      Page 34 Advertisements Column 1
      529 34 vHU CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl/W STORE ROAM/ADAM H'BWG BREMEN ANTWERP KUTM/23W 1/9 i/10 15/10 IJ/10 22/10 MATUMI/30NB 7/10 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subf«c< to lnduc*m«nL A too accepting cargo to Casablanca, Port Saw. Port Alexandria, Qaooa, TrioaM. ALSO ACCEPTING
      529 words
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      Page 34 Advertisements Column 2
      954 34 \(7h If- M i$L i£| VC/ HANJIN SHIPPING I ANR HAM BRV FEL FEEDER VSL «N J**"- L °5jL I H HANJIN FELIXSTOWE 008# 10/8 28/8 29/8 30/8 30/8 31/8 1/9 HANJM OAKLAND 014 El«/» DIRECT 9/9 9/9 H HANJIN SEATTLE 019* 11/8 29/8 30/8 31/8 31/8 2/9 3/9 HANJM
      954 words
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      Page 34 Advertisements Column 3
      65 34 anmx m. aim. mmvioum muu. hcpc «m> torn own VESSELS AVAILABLE FOR ftALE7fcHAftTER/TftAM&HIMUIfeNT -«OHO THAO- -M6U UUimmUMH *W| "A VCMCL" HAO(IA#/C ALCUTTA/CMTTT AQONQ/RANQOON «M "AAAON F- ■KK/SATTAW/VUNOTAU/WNOM WWt -A VCMCL- C0L0M»0/IH*AI/I>A»*IAHnCUWAIT JM/J1 -A V«L" JCDOAM/HOOCiOAH/ AQABA -aSCMVA- -MN MTAM WBKLV MRVtCCt TMC SHIPPING/A AARON ORIENT LINES T«l: *****11 Tlx: R»
      65 words
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      Page 34 Advertisements Column 4
      1204 34 -J. j J rpjnjT^k Ina»wGK«KunBM(TOSKNCY9CTYOuxcHSB*i NTcixv ami mm nr mnocwna w I I fiomr K-037 15/0 10/0 20/1 22/0 23/1 21/1 21/t 21/1 30/1 Jl/J 2/1 13/9 2S/J 27/* 29/9 1/10 0/10 10/10 11/10 13/10 23/10 2/U i/U 7/11 I CLOT K-OSO 21/0 22/0 27/0 20/0 30/0 2/0 4/9 5/9
      1,204 words
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      Page 35 Advertisements Column 1
      1923 35 v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 Mw AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 ■Mb FAR EAST SERVICE *****48 CFS K27 IMPORT *****69^*****50 nK nepune sdn bho Malaysia K.L.-<O3) *****33,
      1,923 words
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      Page 35 Advertisements Column 2
      1031 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PtNANG: *****4/ *****8 lOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EJUT9OM) -OSCHWtGWG mSHMC-lttlMIC mUMTtD W HOTTHMtI vmas wr |w |mj> wb
      1,031 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1524 36 Q. V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) mam TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 MALAYSIA: "K" LINE MARmME (MALAYSIA) SON BHD A M-J .M, 11/ TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALTTINTERNUSA TEL: JKT *****76.
      1,524 words
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      Page 36 Advertisements Column 2
      1102 36 ®5S PHILI-ORICNT UN€S PT€ LTD 1 108 Robinson Road #07-00 GMG Building Singapore 0106 I Tel: *****22/*****69/*****00 Telex: RS ***** PHILJ FAX: *****76/*****38 I BY AIR, LAND OR SEA I we take on the world for you am I N vftTP* I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION if I
      1,102 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1560 37 SSsa'Pff PACIFIC INTERNATIONAL LINES (PTE) LTD w M mBWI P<l BuHding, 140Ceti< Street #03-00, Singaporeolo6. (JAKARTA 1 BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOV SIR BKK SIN EQUATOR MAS 14N 10/S M/ 8 IS/E KOTA PAHLAWAN 9129 10/8 18/8 17/S SUNOA fERATAI 323 11/« 14/s i./i KOTA PANJANO
      1,560 words
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      Page 37 Advertisements Column 2
      1099 37 >l/ r BEN LINE CONTAINERS LTD "Nil 200 Cantonment Road Tel: *****22 I I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** I VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bona von' 268 9/0 26/6 27/8 29/8 30/8 Jutland* 266
      1,099 words
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      Page 37 Advertisements Column 3
      423 37 MYANMA |Bk FIVE STAB UNE (Myanmar National Line) Loading for Yangon (Rangoon) Sporo P.Kif Pen PGdf MYOMAr«A VI3CW In ft ME*QUI VIOtW In Pt SW AVA VI low 15/22 km 23/2* M HPA-AN VIM* 15/11 Auf g* THE BANK UHE (A Mrvlce o< Andrew Weir Shipping) VT SEMI-CONTAINER SERVICE HEAVY
      423 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      683 40 TO AUSTRALIA/NEW ZEALAND **[S> |Fram |W«* [hick |Wf |f CHAIM «*n u7i~ mTT" »7r"Hit i/i sTi aiw WON 27» "5575 175 775 TT7S T575 T575 T575 rruuel m io/» Tt/5 n/% 1575 i/is j/io «/it C. mi 271 »/i 2/10 7/10 12/10 u/tt 20/10 TO USA/CANADA is fsit StM fwtlNaU
      683 words
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      Page 40 Advertisements Column 2
      807 40 EXPORTS TO HOMGKONG, TAIWAN 1 JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY WL PEN MT I SIN I MH HKG KHH KEE TYO SM2 NOP KO6 [[«ss& VOY |SW |PHL PEN KW SH I TSK CHORUS 228 "51 88 9.8 15 8 20 8 21.8 22.8 ACX PABY 17*
      807 words
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      Page 40 Advertisements Column 3
      175 40 .T ~pj RUSAH AAN PEl'aYa'r"^ i KALIMANTAN i r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTMATION I NIAGA XXI Voy 17/91 7/1 Au| Jakarta/Patembani i l NIAGA XXI Voy 18/91 10/12 Auf Jakarta/Palemtoanj I NIAGA 42 Voy 13/91 15/16 Au| Jakarta Palembant NIAGA XXI Voy 18/91 19/20 Auf
      175 words
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      Page 40 Advertisements Column 4
      1724 40 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE HALATWS agents SINGAPORE'S GENERAL AGENTS: won MWTI CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA Kl TEL: U250f1/«7 FWL *****52, ***** "'""J*'"™ 1 INDONESIA MARITIME P. KIANG TR *****06/ I TU :MR ***** Itrn r»n*U37 lII7M row -ia:taui
      1,724 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      615 41 GUARANTEED CONSOL TO:KEELUNG/KAOHSHJNG 14.8.91 HONG KONG 11.8.91 BUSAN 11.8.91 BANGKOK 11.8.91 EUROPE 11.8.91 TOKYO/KOBE/YOKOHAMA 11.8.91 USA 11.8.91 AUCKLAND 23.8.91 FREMANUE 14.8.91 SYDNEY/MELBOURNE 15.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 533-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN. KATHLYN TAV, SOPHIA BAY OR KAREN SIM FAST DRECT REGULAR SERVICE
      615 words
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      Page 41 Advertisements Column 2
      492 41 (Si) RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) FAX: *****15/*****03 pi TELEX: RS ***** RISHIP (3 Lines) \W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANOINET 24W8 23/08 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 25W8
      492 words
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      Page 41 Advertisements Column 3
      1352 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETft ETft ETft SPORE POUT KEIANC PENANC BIUE JADE 70/8 loading tur Male IRUVAI HUDHU 21/8 Loading for Calcutta DOtPHN 19/8 loading For Male PIONEER SUFItf ME 12/8 loading For Male DONAKUIW 8/8 loaded For Fefmaru PROCRESS IKRTT 16/8 13/8 12/8 loading
      1,352 words
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      Page 41 Advertisements Column 4
      371 41 new-Line VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL ¥0* SIN MM SIN TIGER STAR 168N $10 13-15/08 21 22/08 TIGER BAY 169N 11-10/08 17-18/08 25 26/08 EAGLE CAPE 016 14-15/08 23-24/08 30-31/08 ~VSL VOY SINGAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 134CN8 04-13/08 19-24/08 30-31/08 EAGLE BREEZE 076
      371 words
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      Page 42 Advertisements Column 1
      1218 42 S'PORE IMPORT:'22I6OO2 PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 PEN PK W PEN PK S,N sIN Colombo 9/8 10/8 11/8 10/8 11/8 12/8 Ldn/Flx/Rdm/Ant Durban/Pt Louis 9/8 10/8 11/8 13/8 14/8 15/8 Gothmburg/Stockhobn/Oslo
      1,218 words
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      Page 42 Advertisements Column 2
      369 42 blue star line TO FROM fl/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS UN NPI ml in sm MULBERA 22$ U/S 21/1 VU Iff. 23/1 9/9 MAHSURI 0502 27/1 8/9 VM NPI 10/9 27/9 PROSPECT 14S 20/9 VIA NPI 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT
      369 words
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      Page 42 Advertisements Column 3
      977 42 I THONG SOON LINES PTE. LTD. Mz 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAVBIA VESSEL VOY ETA DEST VESSEL VQT SPOtE
      977 words
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      Page 44 Advertisements Column 1
      6 44 Read Chartpoint in BT every Saturday
      6 words
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      Page 44 Advertisements Column 2
      139 44 w p LIVING IT n« I EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel,
      139 words
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      Page 45 Advertisements Column 1
      111 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS f Stones on labour and its relationship with I 1 I management, management concepts in practice, /v I S) profiles of leading managers in Singapore and V relevant book reviews. j ENTERPRISE MANAGEMENT, in Business jr h \i Times every Monday, is must reading
      111 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      300 45 TIDES AND WEATHER TODAY'S TIDES (hejflt in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 MOO 0900 **********00 *****400 1500 1600 **********00 *****100 2200 2300 JR 1.8 1.3 09 06 0.4 0.5 0.7 1.1 1.6 2.0 U 2.2 20 17 1.4 1.2 Li 13 1.6 2.0 2.6 3.0
      300 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      800 46 ICHARTPOINT Every Saturday in Business Times HYUNDAI 1 MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC MOWTH T «Tmi m aw uttwi voy uh oak sea _u*_m w —tcm/sea WAN HM 202 024 12/01 13/01 15/01 H. CHALLENGER 09/09 14/09 17/09 "'JJ IMG CHUN 129 19/08 20/01
      800 words
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      Page 46 Advertisements Column 2
      161 46 PASJR QUDANG/SINGAPORE TWICE WEEKLY SAVINGS (TUE&SAT) VESSEL ¥0Y P.GUDANG S PORE JOSINDO SATU 023S 09/8 10/8 024S 12/8 13/8 025S 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 028$ 26/8 27/8 RASIR GUDANG SJNGAPORE (D 7) *****0/*****1 (02)534-0042 mSSSS 5 f 1 VMM M J DAMAR SEGARA AGUNG LINES VESSEL
      161 words
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      Page 46 Advertisements Column 3
      500 46 CHARTPOINT Every Saturday in Business Times i —H rs; Ina liM.ta. |i« |o« Inn |nl la* in In Inc OUR USA UITU CCDUirC f*Al Q mmu» TTiaT ~i7T *umtw mbki rii27i uivi i/i w. w. Ji iL eiurAßAoe MA MM MM l/l AILBATOi IMIffM »J1271 21-22/( l/l 11/1 11/> 11/1
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