The Business Times, 25 September 1991

Total Pages: 48
1 48 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Wednesday, September 25, 1991 75*
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  • NEWS SUMMARY
    • 63 1 BRUSSELS Belgium is sending 300 troops to Zaire to protect nationals threatened by rampaging soldiers and evacuate those Belgians who want to leave, Prime Minister Wilfried Martens said yesterday. An eyewitness questioned by Congotese radio in Brazzaville meanwhile said a French paratrooper
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    • 60 1 MANILA Diplomats, speaking on condition they were not identified, said Washington had told Manila in a confidential report that the US was ready to settle for a fouryear withdrawal period for its forces. It said the Pentagon wanted "at least three good yean", plus
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    • 27 1 THE Asia-Pacific region is becoming an increasingly attractive proposition for oil exploration, says the chairman of BP Asia-Pacific and Middle East Page 2
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    • 22 1 THE URA will finalise the boundaries of private land parcels at the Tanjong Rhu redevelopment site next month. P««e2
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    • 26 1 THE PHILIPPINES has shelved plana to convert a major US air base into Manila's international airport for at least five years Page 9
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    • 28 1 WITH higher medical costs and a rising birth rate among women in their 90s, savings oo«W become even harder far America's aging baby boomas- Page 13
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    • 31 1 THE CASE of athlete Haron Mundir and the Singapore Amateur Athletic Association is a lesion in how a disciplinary hearing should not be conducted. Py li
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    • 18 1 MORE and more Americans are opting for the incis&andimplant way of achieving the perfect figure. Page 19
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    • 25 1 SHIPOWNERS could soon be equipped with a better bunker price forecasting instrument once London-based Cockett Marine Oil launches a new information service.
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  • MARKETS SUMMARY
    • 43 1 WALL STREET stocks rose slightly in early trading yesterday as analysts expressed uncertainty over trends in the economy and the outlook for corporate earnings. The Dow Jones average of 30 industrials rose 3.13 to 3,007.38 in the first hour of trading.
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    • 42 1 SHARES were modestly higher at midday yesterday as investors focused on selected stocks in the absence of a clear market trend, dealers said. At 1115 GMT, the FTSE 100share index was up 3.6 points, or 0.1 per cent, at 2,383.1.
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    • 20 1 LUM CHANG Holdings Ltd has reported its lowest profit in the last five years. Page 3
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    • 25 1 PROMET Bhd has turned around. For the six months ended June 1991, it reported after-tax operating profit of MSB.7 million Page 3
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    • 27 1 JAPANESE sawmiller Okada, cashing in on Cambodia's vast timber reserves and lack of mill facilities, plans to set up four factories there. Page 4
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    • 21 1 BANK Dagang Nasional Indonesia is considering setting up a representative office in Singapore next year. Page 6
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    • Article, Illustration
      25 1 Tacaday Cha^e BT-MGA 673.01 -4.01 Kuala Lumpur 521.03 +0.46 Tokyo 23 333.70 +140.96 Hongkong 3904.19 -6.15 Sydney New York 3,010.51 -172 London 2,579.5 -20.1
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    • 17 1 USS SS 1.6910 100 Yen SJ i.2724 3 06,63 Ovenrirf* 4 1/4% -5/1 4 13/16% .|/16
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    • 33 1 LmJMMI AM fix US$351.25 USS+2.20 Store Oct.... 135.00Vkf -0.25 MTiia Oct 22l.50*/kg unch KLIfei Turnover 56 tonnes +6 Spot MS 14.86/kg -0.01 Cradt pahn Turnover 905 lots +44S Nov MS790 /tonne unch
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  • 549 1  -  Little or no activity in past few months, many say By Shoeb Kagda I SINGAPORE A worldwide price slump has taken its toil on Singapore's metal traders, with many reporting little or no activity in the past few months. Traders said their
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  • 367 1 AFP WASHINGTON US Trade Representative Carla Hills has warned Asia's "Four Tigers" against creating protectionist trading blocs and says Washington has "a serious, serious problem" with the loss of intellectual property rights in China. Speaking at the Korean Economic Institute an Monday, she said
    AFP  -  367 words
  • 313 1 Reuter TOKYO Japan's Big Four brokerages are to be barred from underwriting government bonds for one month, Finance Minister Ryutaro Hashimoto said yesterday following revelations of further involvement in highprofile scandals. The four Nomura Securities, Daiwa Securities, Nikko Securities
    Reuter  -  313 words
  • 248 1 Reuter SEOUL South Korea's Office of Bank Supervision (OBS) said yesterday that eight foreign banks here violated banking regulations in the first eight months of this year and had been issued letters of warning. Two Japanese banks were judged to have made unauthorised loans,
    Reuter  -  248 words
  • 331 1  -  FrtM Kenneth James in KUALA LUMPUR FINANCE MINISTER AiT war Ibrahim yesterday stressed the need for more local savings as this would not only fund the investment needed for Malaysia's ambitious growth goals but also lessen the danger of a large external deficit and
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  • 249 1  -  By Claire Leow SINGAPORE Matsushita Electric Industrial Company of Japan looks set to become a major new player in the disk drive manufacturing industry. A statement from Florida said it has entered ipto a patent licensing agreement with Rodime of Scotland to use
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  • Page 1 Advertisements
    • 127 1 I EXECUTIVE I PLACEMENTS £Xi=:iJ -y W Nrnl Mm ZZ j STcTaS Krr'zzrg -Sr —*S Sit jj a»» a*mam mm a?i£ F*wS Wi* 27 Sporti 5 eJT 22"** Www <w... 2 IV tMb is wr«n Z2l mm" 2lm Ftt CtavrM* 29 No* tew ZZZTw.II BREITLING. 1884 CHRONOMAT. •rf-wmdng chronograph. »oW.
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    • 87 1 H-i aa S<»lc Agent: H.W. Shclkrv Co. (Pie) Lid. Exclusive interview with Liu Thai Ker Hp a/I r The urbane planner HE IS the htfc to hate. Far lite la the kami that gates the Ml of a Siagapore, as wed aa the wrecking ML Hw chkf plsaarr tefls LlUao
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  • HOME NEWS
    • NEWS ROUNDUP
      • 61 2 THE FRENCH Secretary of State for Foreign Trade, JeanNoel Jeanneney, is in Singapore for a two-day visit. He is to call on Brigadier-General (Res) Lee Hsien Loong, the Deputy Prime Minister and Minister for Trade and Industry, and Dr Lee Boon Yang, the
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      • 52 2 THE Public Works Department and the Civil Aviation Authority of Singapore are jointly conducting the 13th Airport Engineering Course. The 10-week course, which started on Monday, is being conducted at the Singapore Aviation Academy in Seletar Airbase. The course, a post-graduate programme, has attracted 30 participants from
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      • 60 2 BANK NIAGA, a leading Indonesian private commercial bank, has signed a software and professional services contract worth over U*****,000 (551.45 million) with Dun Bradstreet Software Services (D&B Software). It was won by D&B Software's distributor in Indonesia, PT Sumber Daya Praweda Informatika. Bank Niaga has
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      • 56 2 THE LIFE Insurance Association (LIA) will launch the second LIA Award on Friday for those who have contributed to the preservation or enhancement of life. It says the award is in line with the spirit of volunteerism that Singapore wishes to promote. Nomination forms can be obtained
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      • 40 2 THE PUBLIC Utilities Board is jointly organising an openair concert at the Macßitchie Reservoir on Sep 29 with the Singapore Broadcasting Corp. The one-hour concert starts at spm. The PUB has been organising free concerts since 1967.
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    • 412 2  -  Region said to be relatively under-explored By Lilian Ang THE Asia-Pacific region is becoming an increasingly attractive proposition for oil exploration, according to an oil industry leader. The chairman of BP AsiaPacific and Middle East, Hugh Norton, said yesterday that the
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    • 395 2  -  Sylvia Wong THE Urban Redevelopment Authority (URA) says it will finalise the boundaries of private land parcels at the Tanjong Rhu redevelopment site next month, a move which will enable existing private land owners to proceed with their condominium projects. The URA,
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    • 246 2 THERE is no such thing as "a man for all seasons" when it comes to running a business, according to a local university don. Different business strategies were used at different stages of a business development, and different strategies were suited for different
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    • 269 2  -  By S N Vasuki LIKE California in the 1850s, and Europe in the *****, Asia is the boom market of the *****. TTiis is the theme of a 25-page special report on "The Growing Power of Asia" published by Fortune magazine
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    • 231 2 THE Vocational and Industrial Training Board will launch an apprenticeship scheme next year for the chemical industry. The board's chairman, Dr Tay Eng Soon, said yesterday that six companies had already agreed to take part m the scheme, which would train process technicians. The six
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  • Page 2 Advertisements
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    • 425 2 Join manufacturers and suppliers of VBPYJffiPViVSIPHIIVfIIIffV session 3: hair care (2.00 pm) cosmetic products and ingredients in 1 an international gatherino in Sinoapore T^aoct^r from 22 -24 October 1991. ZZZZ7ZZZZZZ Chemical Company, USA. Major industry leaders like Albright m fiimiii?u m) _L, _„j n 2 n^^7o^ 6 Wilson, Ghraufan, Henfcel,
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  • COMPANY NEWS 1
    • 441 3  - Lum Chang profit halved its lowest in 5 years By Elaine Koh SINGAPORE Lum Chang Holdings Ltd has reported its lowest profit in the last five years, with net earnings halved to $3.43 million from 1990, for which its stockbroking arm is largely to blame. With thin margins in the
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    • 308 3  -  By Rahita Elias SINGAPORE Keppel Philippines Shipyard Inc, a subsidiary conglomerate Keppel Corp, has invested 120 million pesos (557.2 million) in a 20,000-deadweight-tonne (dwt) floating dock. The yard has just undergone a major upgrading programme, which saw its repair capacity boosted by
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    • 303 3 SINGAPORE Amalgam, ated Steel Mills (ASMX part of the Lion group, has turned in pre-tax profits of MS 143.1 million (5588.2 million) for the 12 months ended June 30, 1991 40 per cent more than the previous year. Group turnover for the year was MS
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    • 327 3 SINGAPORE The leasing for the 37-storey Savu Towers, which will be the tallest building facing Collyer Quay, was officially launched yesterday. The Industrial Bank of Japan was among the first to express firm commitment for taking space in the
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    • 296 3  -  By Sangeeta Mulchand SINGAPORE Reflecting the impact of the Gulf crisis on the hotel industry, Hotel Royal Ltd (HRL) has reported a 51.8 per cent fall in interim net earnings to $512,000 from $1.06 million a year earlier. Turnover of the group,
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    • 368 3 SINGAPORE RMCA Reinsurance Ltd has once again said it is considering closing shop and conducting an orderly run-off of its existing reinsurance liabilities. Although premium rates in the international reinsurance market were recovering, reinsurers were finding it impossible to buy protection from the
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    • 217 3 SINGAPORE Promet Berhad, which recently announced a return to its core construction business, is in the black again after incurring an after-tax loss of M 52.2 million last year. For the six months ended June 1991, the group reported after-tax operating profits of M 58.06
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    • COM
      • 83 3 SINGAPORE Town and City Properties Ltd posted an interim consolidated operating loss of $1.19 million after extraordinary items because of a $1.15 million provision for troubled subsidiary Bestland Development Pte Lt<fs antici- pated loss. The anticipated loss stemmed from a given to bankers of
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      • 75 3 SINGAPORE Pharmaceutical and property group Eu Yan Sang (EYS) signed an agreement on Aim 20 with a group of financial institutions in Singapore for a Ssloo million/US$5O million dual currency note and guarantee issuance facility, confirming an earlier BT report. The three-year facility, managed
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      • 51 3 KUALA LUMPUR Shareholders of companies in the Inter-Pacific Group have approved a series of nam? for their companies. Inter-Pacific will now be known at Beijaya Group Bhd. Beijaya Corp (M) Bhd will now be renamed Beijaya Industrial while Sports Toto Holdings Bhd is now Beijaya Leisure
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      • 37 3 SINGAPORE Tuan Sing Holdings has eta rifted rim its group earnings per share, announced last week, should be 0.33 cents and 0.45 cents and not 33 cents and 45 cents respectively. 4
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    • 169 3 SINGAPORE The accnmulnted profits of the three leading teams in the DBS Charity IsiuUitul Race cootinned to slip last week. The contest leader, DBS Asset Management, reported a figure of $125,100, down from $126£85 week before. Nomura Singapore held oa to second spot, but
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    • 403 4  -  From Harish Mehta in PHNOM PENH i JAPANESE sawmiller Okada Co Ltd is cashing in on Cambodia's vast timber reserves and lack of mill facilities. Okada, which operates the nation's only sawmill, plans to set up four factories, at a total cost of
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    • 335 4 Reuter SYDNEY Fallen Australian entrepreneur Alan Bond failed yesterday to win a reprieve from the New South Wales Supreme Court when it ruled he was liable to pay a US$l94 million (*****.8 million) personal guarantee. Justice Andrew Rogers refused Mr
      Reuter  -  335 words
    • 204 4 AP JAKARTA Indonesia's largest timber company plans to build two pulp plants in south Sumatra for about U552.66 billion (554.5 billion) to use wood the company is growing there, according to news reports on Monday. The first, with an annual production
      AP  -  204 words
    • 280 4 AFP Australia's 100 biggest companies are to be billed an extra AS 1.2 billion (S$ 1.62 million) for unpaid taxes, as a result of a controversial programme subjecting them to extra scrutiny, tax officials said yesterday. The figure is included in tax
      AFP  -  280 words
    • COMPANY BRIEFS
      • 89 4 NEW YORK A US bankruptcy judge has ruled that United Press International (UPI) can temporarily extend —ir cuts, suspend severance payments and replace full-time wit eiswith freelance writers. The 84-year-old news agency which is operating under bankruptcy protection, told the court iffan SHlr
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      • 40 4 TOKYO Nippon Telegraph and Telephone Com is considering an invitation from British Telocom to participate in a newly-formed international telecommunications company. "No domestic laws prohibit NTT from enewna in overseas operations," said Masashi Kojima, NTTspSssi-
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      • 64 4 TOKYO Sumitomo Metal Industries Ltd has drcidcd to postpone its plan to enter the plastic car parts market, ia view of the market s slower-than-expected growth, a company spokesman said yesterday. The company had planned to tic up with a maker of plastic car
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      • 76 4 TOKYO NEC Corp will start US production of tnal samples of four-megabit DRAM (dynamic random access memory) and one-megabit SRAM (static RAM) chips in October, an NEC spokeswoman said yesterday. NEC plans monthly production of up to 10.00Q sia*nch wafers (lame single crystals used as
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      • 70 4 SYDNEY Australia's biggest company, Broken Hill Pty Co Ltd, is unlikely to equal the profit H achieved in the year to May 31, in the current year, says chairman Sir Arvi Parbo. "The company is in a very sound position... however, it is not likely
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      • 45 4 LONDON British industrial congiomepte BTR said on Monday that it held a 0.9 per cent stake fit its £1.5 billion (554.5 billion) bid target, diversified engineering group Hawker Siddeley. BTR said it acquired tm shares at £7.35 each last Friday.
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    • 459 4 MARKET TALK Reuter WELLINGTON Former market darling Bneriey Investments Ltd (BIL) is forecast to announce a nearly halved June year net profit tomorrow, and will trim its final dividend accordingly, say analysts. While BIL has outperformed most of its Australasian rivals since
      Reuter  -  459 words
    • 432 5  -  By Genevieve Cua .Obi 3rI ,SINGAPORE Glaxo Holdings pic's strategy to produce the bulk of the ac_ol tive ingredient for its ulcer y drug Zantac in Singapore remains firmly in place, despite the prospect of Zantac's de'M r clining world market share.
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    • 305 5 NYT IAGUNA NIGUEL, Califor•cnnia The chairman of ApComputer and the of IBM's personal rf-; computer business explained rtr their proposed alliance pubrnjjcly for the first time at an r,I industry conference here on to* Monday. They said the partnership jras
      NYT  -  305 words
    • 299 5 Reuter PARIS Michelin, the world's biggest tyremaker, said yesterday that its losses ballooned in the first half of the year but a programme of job cuts was helping it to recover. It said a redundancy programme, announced in April, which
      Reuter  -  299 words
  • Page 3 Advertisements
    • 221 3 4 ij 1 i^m NV^ r^ I*4* H»—to «Calm<camk* 18 KARAT GOLD COLLECTORS' EDITION: THE MOVADO 8 1881 COLLECTION. > u i» In 1948, the Movado "Calendomatic™" pioneered the self-winding calendar watch. This was but one of many Movado timepieces that had, since the beginning of the century, set the
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  • Page 4 Advertisements
    • 487 4 I MIS MARKETOTOCONFERENCE '91 II 10-11 OCTOBER 1991, SINGAPORE LE MERICHEN TOWARDS EXCELLENCE AND CREATIVITY IN MARKETING I tt nd the MIS Inaugural Marketing I Conference "91 .A comprehensive conference IN I wnich wiH provide a forum for the exchange of Kay Note Speaker inlslnoajXK?. major marketing constituencies EI 2LO«
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    • 97 4 ■P^Oscars k j HM HAPPY DAYS Happy days are here again! From 6.30 to 9.30pm, get 1 drink finee for every drink purchased (non-premium drink only). Tiy our new menu with its sumptuous variety of fine foods at very sensible prices. And if you're planning a group function, call 235
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  • Page 5 Advertisements
    • 231 5 f A warm welcome at Shangri-La Hotel in Penai*. 4 .V 'V •> A<-V I \l 4 f i A meeting of the minds should always begin gracefully. t v It A: X ?m~ i <* I 4 S '.rPLr Bi. r ShangrtLahoM PENANC. MALAYSIA ASHANCRKA NTONOIOr*!. HOTEL •> *->,
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  • FINANCIAL NEWS
    • 333 6  -  Bank Dagang Nasional signs USs3Bm loan accord _By Quak Hiang Whai SINGAPORE Bank Dagang Nasional Indonesia, which yesterday signed a loan agreement to raise US$3B million (5564.2 million), may set up a representative office in Singapore next year. But the listed Indonesian bank
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    • 387 6 The BCCI collapse Agencies MONTREAL Canada and Panama have ordered the liquidation of BCCI assets, the latest attempt to wind up the affairs of the scandal-ridden bank that operated in more than 70 countries. Quebec Superior Court Justice Perry Meyer, who had delayed
      Agencies  -  387 words
    • 373 6 NEW YORK Salomon Brothers plans to announce in mid-October the amount of money it will hold in reserve for government fines and the costs of lawsuits that the firm expects from the Treasuries market scandal, Salomon told customers Monday. Wall Street executives also
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    • 71 6 WASHINGTON The US Treasury Department's recently l announced choice for the post of deputy assistant secretary for domestic finance, Henry Myinareki, has resigned. "He, wanted to avoid any appearance of impropriety," a Treasury' spokesman said on Monday. "He felt the whole role of publid
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    • 71 6 TOKYO Japan's Ministry of Finance is undecided on 1 whether it will ask an advisory panel to examine measures toi make the securities markets more open and competitive. "Wei have not decided whether we will call the Securities and; Exchange Council," a ministry official said yesterday.
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    • 64 6 WARSAW Polish prosecutors have accused the central! bank's former president, Grzegorz Wojtowicz, of large-scale mismanagement of funds and he faces up to eight years in jail if convicted, the PAP news agency said on Monday. He was arrested last Thursday. The country's biggest financial scandal;
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    • 74 6 LOS ANGELES The French insurance company Mutuale Assurance Artisanale de France has named a team of executives to lead its bid to acquire the failed Executive Life Insurance Co of California. Mutuale Assurance said on Monday that John FHartigan, a lawyer and former assistant
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    • 87 6 NEW YORK New corporate debt issuance in the US has risen sharply so far this year, to USS329 billion (***** billion) from US$2l3 billion in the 1990 period, according to IDD Information Services. Overall financing so far this year, including common equity offerings, have risen
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    • 62 6 ROME The Italian Finance Ministry has confirmed that the first refunds of the 12.5 per cent withholding tax on investments in governments bonds have been issued to foreign banks. The ministry said on Monday that the first group of reimbursements totalled 4.2 billion lire (555.7
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  • Page 6 Advertisements
    • 136 6 I f I n A s business becomes increasingly complex, it's refreshing to remember that -iV it's still people who make the wheels go around. V Now as always, the simple act of people communicating with one another remains the essence of business. Of course, today business may span the
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    • 91 6 11AM WEDNESDAY OCTOBER 23,1991 ON-SITE. 97 Murray Street Central Perth, Western Australia. LONG LEASE TO MISS MAUD SWEDISH STYLE HOTEL/ RESTAURANT Title Particulars The land is held as an Estate in Fee Simple and is <Wrribed as part of each of Perth Tbwn Lois QlO and Ql2 the subject of
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  • Page 7 Advertisements
    • 458 7 WE PRESENT A NEW DUTCH BANK THAT IS ALREADY 167 YEARS OLD. 'V :\***'??j-/ i INSTEAD OF TALKING ABOUT HISTORY, WE PREFER TO WRITE HISTORY. t The merger between ABN Bank and Amro Bank has realize that business revolves around more than money alone. given the financial world a new
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  • Page 8 Advertisements
    • 127 8 In the 1850 it was an alleyway leading to Raffles Place. f In the 1930** it became fa mou s for I its gathering ;of money changers. I In 1960 it was home to iHHHH^^^H; the Rubber Exchange. O °Jjj In 1992 it will make history again. o- -o 1°
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  • THE REGION
    • 445 9 Nearby volcano seen as danger Reuter MANILA The Philippines has shelved plans to convert a major US air base into Manila's international airport for at least five years because a nearby volcano makes it unsafe to operate, a senior official said yesterday. The
      Reuter  -  445 words
    • 169 9 AP MANILA Philippine President Corazon Aquino will no longer promote a referendum to save a US naval base and instead is trying to arrange a formula for a smooth withdrawal of American forces, officials said on Monday. She had promised to organise a "People Power referendum"
      AP  -  169 words
    • 341 9 Reuter MANILA The Philippines must radically overhaul its stagnating economy, curb inflation and cut its US$29 billion (Ss49 billion) foreign debt following the rejection of a new US military bases pact, says Finance Secretary Jesus Estanislao. In a memorandum to President Corazon Aquino, released
      Reuter  -  341 words
    • NOTE BOOK
      • 75 9 WELLINGTON New Zealand's recent interest rate cuts are not enough to boost the ailing economy without a big reduction in the value of the currency, an economic forecasting institute said yesterday. "In this economic environment, lower interest rates will not stimulate
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      • 82 9 KUALA LUMPUR France backs Malaysia's plan for an East Asia Economic Grouping (EAEG) to set up regular regional consultations and hopes it will succeed, the visiting French Secretary of State for Trade said on Monday. "The French government is very attentive to your plan," said Jean-Noel
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      • 70 9 BEIJING Visiting Thai Prime Minister Anand Panyarachun, alter two days of talks in Beijing, expressed optimism on Monday over the new agreement among Cambodia's warring factions and said "mutual trust" would overcome fear of the Khmer Rouge. Mr Anand, who spoke to reporters after meetings with
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      • 81 9 BANGKOK Seven developing countries in Asia have offered to establish a UN regional centre for space science and technology education. A United Nations statement on Monday said the seven were China, India, Indonesia, Islamic Republic of Iran, Pakistan, Sri Lanka and Thailand, and that the
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  • Page 9 Advertisements
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  • THE WORLD 1
    • 425 10 Taipei said to be promoting Viet trade to reduce reliance on China UPI TAIPEI A delegation of High-ranking economic and trade officials flew to Ho Chi Minh City on Monday for five days of talks. The mission of 22 officials, representing government,
      UPI  -  425 words
    • 322 10 Reuter TAIPEI Cash-rich Taiwan, eager to win more friends, will step up efforts to provide economic aid to South-east Asian countries, including Malaysia, Indonesia, the Philippines and Thailand. Officials said yesterday that the Economics Ministry, in charge of the International Economic Cooperation
      Reuter  -  322 words
    • 325 10 Reuter NEW DELHI Finance Minister Manmohan Singh has told a leading Indian business newspaper that he has put off until next year a decision on whether to seek a new US$5 billion (SSB.S billion) to US$7 billion loan
      Reuter  -  325 words
    • 318 11 Reuter NEW YORK US President George Bush, accusing Iraqi President Saddam Hussein of defying Gulf War ceasefire terms by rebuilding his military arsenal, was seeking United Nations support for quickly dispatching armed air escorts to safeguard inspection teams. The US has
      Reuter  -  318 words
    • 243 11 NYT LOS ANGELES Despite scant evidence so far of consumer participation, an overwhelming majority of economists insist that the recession ended at least three months ago. And two members of the committee charged officially with dating it said that the bottom most likely
      NYT  -  243 words
    • WORLD WATCH
      • 70 11 LONDON Official figures on Monday showed that British trade and output weakened in recent months but the government said the data showed an underlying improvement. The Conservative government, facing an election by next July and trailing the opposition Labour Party in the latest
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      • 75 11 LONDON Britain does not favour a US proposal for an early meeting of the Group of Seven industrial countries to discuss the Soviet Union, monetary sources said on Monday They said a meeting in Washington on Oct 5 was being considered, but this would be
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      • 38 11 WASHINGTON US and EC officials signed an agreement on Monday that provides for closer cooperation on international antitrust actions but still allows individual countries to file their own action to protect consumers.
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      • 40 11 BRUSSELS European Community farm ministers agreed on Monday about reforming the EC's Common Agricultural Policy but disagreed on how to do it, said European Commission officials and diplomats. The ministers were meeting for two days.
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    • 196 11 Bernama-Kyodo TOKYO The Japanese economy is now enjoying a record post-war expansion, growing uninterupted for 58 months through September, despite undergoing "a mild slowdown", the government said today. The Economic Planning Agency (EPA) reported that the economy remains on an expansionary avenue, outdoing the
      Bernama-Kyodo  -  196 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 115 11 ADVERTISE YOUR PRODUCT IN VIETNAM Its only a matter of time. Vietnam is about to explode into action. Already Asia's most promising new market is experiencing fast economic growth And when the door opens to the USA, as inevitably it will, the competition for Singaporean companies will become fierce. What,
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  • 492 12 EDITORIAL IT WOULD seem an obvious point to make, but it is one that bears repetition. Speaking on Monday at a conference on regional strategies for the *****, Deputy Prime Minister Lee Hsien Loong argued the case for free markets and economies unhindered by the
    492 words
  • WHAT THE OTHERS SAY
    • 238 12 THE behaviour of Iraqi Foreign Minister Ahmed Hussein al-Samaraei this week set new tests of diplomatic credibility. At a meeting with Security Council president Jean-Bernard Merimee of France at United Nations headquarters on Sunday, Iraq failed to meet council demands for unconditional overflights by UN helicopters looking
      238 words
    • 81 12 OLDER and smaller mosques in the more remote areas of Singapore have problems getting enough funds to finance their activities. Yet, most of them need to be repaired or rebuilt. Bigger mosques in housing estates which have been able to get a steady flow of donations and
      81 words
    • 86 12 SINCE the general election was held, political leaders have been stressing the need to make up for the neglect of the Chinese-educated. It is hoped that this will not stop at mere discussion. Prime Minister Goh Chok Tong said that he planned to make Chinese a
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  • REGIONAL VIEWPOINTS
    • 129 12 SINCE most of the Thai political parties are based in Bangkok and have neither ideological distinctions nor clear-cut policies, not many people have any real interest in joining any of them. After a general election, most of the parties usually lose all their professed interest in recruiting
      129 words
    • 164 12 DURING his six-day visit to Mexico which ended on Sunday, the Prime Minister opened up potential avenues of trade and investment and even touched upon air links with Mexico. Manufacturers and other businessmen must seize the opportunity presented to them and press it to their advantage. But they
      164 words
    • 124 12 WE are probably not too far off the truth when we say that strong reactions by the country's officialdom have helped considerably to sustain the impression among foreigners that labour strikes are forbidden in Indonesia. Actually, the official ban on strikes, whijh dates back to 1963, was
      124 words
  • 1170 12  -  j£JE** Indian state 'of Assam is at loggerheads with the rest of the subcontinent would be an understatement. Nirmal Ghosh unravels the tragic web of military confrontation it finds itself in Nirmal Ghosh THE green jungles and vast tea estates of India's north-eastern state of
    1,170 words
  • Page 12 Advertisements
    • 350 12 29 COUNTRIES 500 COMPANIES MMm 10,000 VISITORS iigSk mALBCX '91 The Ninth Malaysian Building Exhibition Putra World Trade Centre, Kuala Lumpur, Malaysia. 25 28 September 1991 B| 111 niXI/ 0 You must 001 miss cornerstone in the building industry. MALBCX '91 is THE place to lay your BU ILL/Il\j Vj
      350 words
  • Page 12 Miscellaneous
    • 36 12 Doonesbury 7 i BY GARRY TRUDEAU «XPSe,BLR,I-miNK VOUBOTHHANCTOAPMrr t/vw IT| *MT)OUX36aNG7D THATYO(/RE OPfWdNT hagtopotosavb people now. youha&to )OLR RELATIONSHIP IS &&SCOV&R OTHER PRFTENP THAT yQUfiE UJOUJ.-TM YQWHOS BASICALLY 9UU> AN I IMA6INE FOR A MOMENT caSaSSc-
      36 words

  • ANALYSIS
    • 1235 13  -  Lilian Ang speaks to Liu Thai Ker, the man behind the Concept Plan Lilian Ang TO developers, he is the man who says no to their design plans only too often. To some others, he is the hard-driving taskmaster who cracks the whip at the helm of
      Picture by Chris Loh  -  1,235 words
    • 1346 13  -  The baby-boomers were supposed to help America boost its flagging savings rate. But as Sylvia Nasar discovers, they are not about to do that Sylvia Nasar NYT FOR years, optimists have been counting on the middle-aging of America's baby-boom generation to lift the nation's sagging
      NYT  -  1,346 words
  • Page 13 Advertisements
    • 217 13 :< ■■m Gateway to Europe. From 1993, Europe will be the world's on the extensive network of our five DG BANK GZB (Asia) Ltd., 6 Battery largest single economic region and yet a European sister institutions, with whom we Road 40-02, Singapore 0104, Telephone: market of many markets. With differences
      217 words

  • THE LAW PAGE
    • 616 14  -  The case of athlete Haron is a lesson in how a disciplinary hearing should not be conducted. David Gabriel reports. David Gabriel A JUDICIAL Commissioner has criticised the conduct of two sporting officials in relation to disciplinary proceedings their club took against an
      616 words
    • 348 14 JAMALUDIN BIN SAMADI V PUBLIC PROSECUTOR High Court of the Republic of Singapore, Magistrate's Appeal No. 17/91/01 Judicial Commissioner Kan Ting Chhi. THE HIGH COURT has overturned the conviction of a man alleged to have sold heroin to a narcotics officer. The appellant, Jamaludin,
      348 words
    • 449 14 POON SOK TIAN AND OTHERS V LEE INVESTMENT (S) PTE LTD AND OTHERS High Court of the Republic of Singapore, Suit No. 2034/90 Judicial Commissioner Kan Ting Chili. A CONTRACT for a loan taken by a company in contravention of a law
      449 words
  • Page 14 Advertisements
    • 602 14 BOUSTEADCO SINGAPORE LTD INTERIM STATEMENT -1991 The Board of Directors of Bousteadco Singapore Limited announce the unaudited results for the six months ended 30 June 1991. 1 GROUP ~1 I COMPANY"! Half year ended Half year ended 30 June 30 June 1991 1990 1991 1990 $'000 $'000 $*000 $'000 Turnover
      602 words
    • 127 14 MIX 200 YEARS OF AMERICAN HISTORY AND CULTURES AND YOU'LL HAVE THE CjfclNE OF IHE NEW ORLEANS. I I Jfjm The New (H< is specialises in the exciting New Wave American cuisine plus tflr iditional Cajun and Creole cuisine for which The New Orleans m eated a reputation. Whether you
      127 words

  • SPORTS
    • 306 15  -  Boy wonder of 1989 hopes for confidence-boosting wins in Singapore, reports Nirmal Ghosh Nirmal Ghosh TENNIS boy wonder of 1989 Michael Chang flew into Singapore yesterday afternoon fresh and confident, looking forward to playing against Ivan Lendl, Stefan Edberg and Pete Sampras in the
      306 words
    • 471 15 Ryder Cup AFP KIAWAH ISLAND, South Carolina The Americans have the desire to win, but that alone may not be enough to recapture the Ryder Cup from Europe here this week as the two sides rejoin their biennial battle for golf supremacy. y The
      AFP  -  471 words
    • 351 15 AFP LONDON Nick Faldo has underlined the European golfers' determination to prove they are the world's best when they defend the Ryder Cup this week. "I am very confident and very excited about the match," he said on Monday before catching
      AFP  -  351 words
    • 409 15 Reuter KIAWAH ISLAND, South Carolina Sam Torrance had an early peek at the Ocean Course, and came away saying on Monday that his practice on the Ryder Cup layout was quite an eye-opener. "It's wonderful but I wouldn't like to have a pencil
      Reuter  -  409 words
    • SIDE LINES
      • 117 15 NEW YORK A New York actress has filed a lawsuit against Mike Tyson, accusing the former heavyweight boxing champion of grabbing her in a "sexually suggestive" way at a Manhattan night club. The woman, Robin Young, seeks US$2 million in damages from Tyson for the
        117 words
      • 82 15 INDIO, California Bantamweight Fernie Morales, «oto underwent surgery to remove a blood clot on his brain last Saturday, remained in critical condition on Monday at (he John F Kennedy Memorial Hospital. "It is too early to announce a prognosis at this time," said a hospital
        82 words
      • 66 15 CAIRO, Egypt Egyptian wrestlers on Monday swept the finals in the Roman class, keeping the host country's leaden the African Games while Nigeria's weightlifters and ranops edged their country up to second place, dropping AigeriaCto third spot. Namibian sprinter Frankie Frederiks, silver racial winner
        66 words
  • Page 15 Advertisements
    • 67 15 "Your venture into high-yield investments should not be like a walk through a minefield" If you are a serious investor or trader, genuinely interested in turning your high risk Futures Trading into a sound investment Then call:Mr. Anthony Too Research and Training Dept. Sin Huat Holdings 1% Ltd Estd. since
      67 words
    • 209 15 mm m 111 1911 Ivmyll IJII I— phw» Wotmm mmr mmm cfc—p AU TNI PIATUMS TOU Nil* y »ll WVIIW Of TOOT «t Mm Mm* tot hw» hwtaM t »M»n »ilipl i in hn* «M «M> CUMIMT STSTSM Jl !S JUL* J """J tAW P»*Q>*OTIOH CNAMIS TlT*^h>w wwlwrp>*i»M«ii»liil ill n
      209 words

  • 343 16 KDI-fICA RIMS RIMS offers 'Zero Response Time' efficiency KONICA COPIER, which boasts of a long history of excellence through constant innovation, today launches a revolutionary new system which will transform the world of photocopying. The Remote Interactive Management System (RIMS) allows any Konica copier
    343 words
  • 220 16 SEE THE difference at "The Absolute Difference Show", to be held at the Pan Pacific Hotel's Gateway Function Rooms 1 to 6. The two-day seminar-cum-exhibition, which starts today, is organised by Equation Business Machines. Taking centrestage in the show, which lasts between 10am to ftpm, is
    220 words
  • 613 16 what is RIMS? KONICA'S Remote Interactive Management System (RIMS) a major breakthrough in copier technology is the copier service system that will revolutionise the sales, technical and administrative aspects of the copier industry. About half-a-million dol--4 lars has been invested by Equation Business Machines
    613 words
  • 263 16 EQUATRON BUSINESS Machines distributes a full range of office machines in Singapore. Among them is the Konica copiers the copier of the *****. When Equatron began distributing the Konica copiers in August last year, it held only three or four per
    263 words
  • Page 16 Advertisements
    • 48 16 OUaWaOraC Br lEd Br "i\ \ooooil9o *****00 501]0 ,0,0 -OOOOOO'- i/*****00 n I o loQOQ^to 9 OQO O O OQOOOOoS^< /<^OOQQgO ,zJ Jj zi~ii~-~< -1... 9" 0 000 Q X -poo a^Co p p^OOPJ?^ THE ABSOLUTE DIFFERENCE SHOW. AT THE MN PACIFIC HOTEL SEPTEMBER 25 26. BE THERE
      48 words


  • Page 18 Advertisements
    • 156 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE. DINE II A "Heavenly** Feast I Scrumptious Sichuan cuisine. Rich piping hot stcamlxtoC* Delicate Yangzhou Dianxin. Moo-Sat: 11.30 am to 2.30pm Sufi: 10.30 am to 2.30pm KING'S AMWnOXItHUKIS Have lock Road, Singapore 0316.Tel!7S50ftlJ I I
      156 words
    • 274 18 PROUDLY PRESENTS THE RETURN OF THE BARRON KNIGHTS THE VERY SUCCESSFUL INTERNATIONAL OOMEDY ACT THURSDAY. 2h SEPTEMBER 1901 AT THE CRYSTAL BALLROOM, 2ND LEVEL r J(MnnerandShow Concert OMted oeaia k 669 nett per pereon $34 nffrper penon (nckxang pirn dmm cockta* (ktckhh* of onm &ttk onty and at tmmagmX end
      274 words
    • 252 18 P^JI YOU JIAO SHAD BINC DOU JIANG Enjoy a night snack of traditional favourites filled with wholesome goodness. Accompanied with nutritious soya bean milk. our new supper items are simply out of this world! Now available at the Cafe Plaza from 10 pm to 2 am. Plaza Hotel /»~|a D|„„
      252 words
    • 251 18 ■■■■■■■< J I I a A Leg of the Pis i 9 mß^mfn—-nsiDiBBaBW i wiuLi\anmi H9SH' I ABcncM mjk< Lunch J Nooo 2.30 pm Adult: $36++ -J Child below 10: $I«++ We jffw the world to yom at The Belvedere. v -S" f~.id/—u.: 181/*/ hhhhhbhbhhmHßHHH^^HChefs Carve: $23.00** £&H-+H Ztt succulent
      251 words
  • Page 18 Miscellaneous
    • 556 18 TELEVISION AND RADIO Clean away ISSSP JSfSJ 1 8.00 Clom. Woman. 5.30 taitar (Cartoon). C l a if Ay iflfl Wv>C. am| /w\ w*wlMH. 704 u«X 3 2Stm Financial News .D.. D e V 800 Insight India's Rajiv: i^:Wmfflmmmm MS Wltk the Quran. 4.15pm, 10.45p«: Business SBC 12 I"« Person,
      556 words

  • LIFESTYLE
    • 856 19  -  Are less than perfect calves ruining your life? Don't despair. Elisabeth Rosenthal considers the incise-and-implant option Elisabeth Rosenthal NYT TO camouflage her skinny calves, the 30-year-old film producer from southern California always wore long skirts and "felt like a freak" when she played tennis
      NYT  -  856 words
    • 339 19 WITH Donald Trump and Maria Maples once again finished, the only question left is who gets the magnificent 7.45-karat diamond engagement ring? Donald? Maria? Or the jewellery store? The latter, noted jeweller Harry Winston, became a possibility after New York Post columnist Cindy Adams said
      339 words
  • Page 19 Advertisements
    • 169 19 AND ENTERTAIN Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Saturday Weekend Promotion Buffet (Available for dinner as well) Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. A ANA HOTEL For reservations, SINGAPORE
      169 words
    • 159 19 The most reliable path to a perfect copy is the shortest. N. K I HWI In a copier, the shorter and simpler the paper path, the less likelihood there is of a paper jam. A simple notion but it took a touch of genius from oc6 to turn the thought
      159 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4895 20  -  By Carolyn Lim THE SINGLE BRIGHT spot of Monday's market the 12.23-point gain posted by the Straits Times Industrial Index after a week-long decline proved short-lived. Yesterday, the benchmark STII turned on its tail and drifted downwards, losing 9.54 points to finish the
      4,895 words

  • 3694 21 Main Board AJex Hldgs 50* 230 30 +15.0% Roth Inds 50* 620 +15 +2.5% Jurong Ship 50* 940 +10 +1.1% SIA Foreign 1950 +10 +0.5% Metro Hldgs 396 +8 +2.1% GPB SS1.60 360 +4 +1.1% Isetan 50* 555 +5 +0.9% Shangri-La 535 +5 +0.9% CK
    3,694 words

  • BT SHARE INFORMATION SERVICE
    • 156 22 Company Data Yaar Group Nat Nat aarniags Grass aaa to profit/loss (L) par shara dividend (*000) (cants) Km Eng Sep 11 Mar 91 $9.063(J13.457) 4.1(6.1) 6(5) The H Glass Sep 6 Mar 91 $5,848($7,379) 9.75(12.3) 5(5) Johan HWgs Sep 5 Jan 91 MJ9 949L(S791L) GPB Sep 3 Mar
      156 words
    • 252 22 C— »nr Date Yoar Group pro-tax Not earnings Gross •h« to profit/toss (L) por share dividend ('000) (coots) Eu Yan Sang Sep 23 Jun 91 51.426(5753) 5.1(3.8) 1(1) First Capital Sep 20 Jun 91 511,436(519.147) 5.4(7.2) 1(1) Pente* Sep 20 Jun 91 51,842(55,561) 2.9(7.6) 6TE(12TE) UAC Sep 17
      252 words
    • 553 22 Sep 23 Eu Yan Sang has signed a loan agreement to raise $100 m, arranged by Morgan Grenfell Asia. Pofytek Wearnes Holdings Ltd is divesting its 51% stakes in Faithful Standard Inc, Multi-tech Engineering Inc and Promo Building Supplies Inc for a total of $10.12 m. Sep 20
      553 words
    • 559 22 C—ip—y Date Half-year Group pre-tax Interim mm to profit/less (L) dividend COOO) GoW Can Sep 23 iun 91 8.384(9,321) Ac ma Sep 20 Jun 91 S6.34gJ6.195) 5TE(5TE) Sun Corpn Sep 20 Jun 91 $150L($209L) —<-) JSH Sep 19 Jun 91 US$194,200($202,000) 70(28.2) M Plantations Sep 19 Iun 91
      559 words
    • 1099 22 Currant Ex Baaks Date Total far Tatal far pfymant data cfaaa payaMa tha yaar last yaar Aana 5%TE(I) Oct 21 Oct 31 Nov 15 5%TE 101TE Mn HUp 50c 6%(b) Sep 4 Sep 16 Sep 30 61 61 MOB 50c 3.51(b) Sep 13 Sep 27 Oct 25 3.5%
      1,099 words
    • 836 22 Print as at 24.09.91 Conversion Units Premium/ Expiry (dheomit) i Amount Optional** using issued Company (mM Wrts Share Loan Com Exer Lnstk Cash Cash. Loan Gearing. Data Mths units) stock ratio price nom Stk Loft value S Burwill 115.2 0 200 0 660 1.00 1 00
      836 words
    • 312 22 Main Board Last Full Yaar Company Period Date Year MVS (km Net anranced endhg (cents) d* profit W r«* (WOO) Cerebot Intenm Apr 27 Jul 91 12.6 20.0TE(a) 38.911 Tone Man( Interim Aug 2 Dec 91 4.8 5.0 385 Hwa Hong Intenm Sep 7 Dec 91 6.5 4.0
      312 words
    • 112 22 Company Rights Issue Samanda Hdp One-tor-two MJ180 per share Ei-date: Jul 30 Books dose: Aug 14 Acceptance i Payment: Sep 25 Tat Lm France One-tor-one SI 60 per share Ex-date Auk 21 Books dose: Sep 2 Acceptance 4 Payment Oct 8 Company Bonus Issue HT? rtdp One-tor-two Ex-date
      112 words
    • 564 22 Company Rights Issue tan Pac Land One-tor-two MS065 per shaft **anct Tedi One-tor-one ft 11.00 per stare Wton Issue of S*****m nonnral amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45.489m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares
      564 words
    • 718 22 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordtnny An Before 30/6/94 1 warrant plus HK$1.00 casfe CAC lift Before 26/4/93 1 warrant plus >3 09 cash. Causeway Law Causeway Wt 2/10/89 to 20/10/94 1 warrant phis $0.77 cash or 1 warrant plus $0.77 nominal amount of loan
      718 words
    • 406 22 Kamuntinf Corpn Bhd: 14th AGM at Johore Room, Shangri-La Hotel, Jaian Sultan Ismail, ***** Kuala Lumpur on Wednesday, Sep 25, at 10.30 am. tsetan (S) Ltd: 20th AGM at the Orchid Room, 3fd Floor, Apollo Hotel, 405 Havelock Road, Singapore 0316 on Wednesday, Sep 25, at 11am. Robeson
      406 words
    • 182 22 RECORD HIGHS LOWS BT Composite Index $T industrials Index 1991 hi* 1333 08 (3/6/91) i»i hi* 1565 58 (3/6/91) 1991 low: 1022.52 (16/1/91) i»i to* 1149.08 (16/1/91) 1990 hicH: 1435.43 (16/7/90) 1990 1607.12 (27/3/90) 1990 low: 981.07 (09/11/90) 1990 law: 1079.50 (11/10/90) 1989 hich: 1322.00 (28/12/89) 1989 1487.76 (26/12/89) 1989
      182 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4192 23 Bernama SHARE PRICES ended lower yesterday in listless trading with no positive leads forthcoming but sporadic bargainhunting helped the market to close off the day's lows. The KLSE Composite Index edged up 0.46 of a point to 521.03 while the Industrial Index
      Bernama  -  4,192 words
  • Page 23 Advertisements
    • 103 23 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 iiis announcement appears as a matter of record only 1 ANJATHANI CO., LTD I US$ll,OOO,OOO II Credit Facility II Secured by the Standby Letters of Credit of II Siam City Bank Ltd II Lenders 11 Bank Brussels Lambert, Singapore Branch 11 Credit Suisse,
      103 words
    • 187 23 TORMOS FRICTIONMATERIAL ASIA PTE LTD (In Membere* Voluntary NOTICE OF FMAL MEETMG NOTICE IS HEREBY GIVEN tiat pursuant to Secion 306 of the CompaniM Act, Cap. SO the Final Meeting of tie Oompany wil be hald on tie 2S*i day ofOctober 1901 8111.00 am at 36 Robinson Road #I*ol City
      187 words

  • TOKYO STOCK EXCHANGE
    • 2202 24 Reuter TOKYO STOCKS ended firmer but off highs yesterday. The strong yen and higher bonds boosted hopes for lower interest rates. But most investors were sidelined on this last trading day for September delivery, and much of the market's strength came from
      Reuter  -  2,202 words
  • STOCK EXCHANGE OF HONGKONG
    • 1791 24 AFP SHARE PRICES dropped yesterday in sluggish post-holiday trading on the local stock market with the Hang Seng Index losing 6.15 points or 0.16 per cent to close at 3,904.19. Turnover also fell sharply to HK$7l9 million from Friday's HKSI.O4 billion. The market, closed
      AFP  -  1,791 words
  • Page 24 Advertisements
    • 29 24 trices lor ioKyo are proiUM oy icMnuc Prices for Hoagkof are ptoiMrf by T<fanrte~[ Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      29 words

  • REGIONAL STOCK MARKETS
    • Low investor confidence hits Aussie stocks
      • 858 25 AUSTRALIAN shares finished broadly lower yesterday after a bullish local dollar and lacklustre performances in offshore markets sapped investor confidence. "There was no news from outside to stimulate activity and the dollar is still high," said Wilson HTM director Anthony Wilson. A late announcement by chairman Sir Arvi Parbo
        858 words
      • 686 25 BANGKOK share prices closed lower yesterday as buying sentiment evaporated once the SET index slipped through the key 700 support level, brokers said. The SET index ended 9.60 points lower at .695.24 on thin turnover of 1.96 billion baht. Bangkok Bakt VoKTO) Alucon 134 1.00 20 American Standa 308
        686 words
      • 459 25 MANILA share prices closed stronger yesterday as bargain hunters moved into the market as the debate over the US military presence in the country sim- mered down. The Manila Stock Exchange composite index surged 53.84 points to close at 966.59. The combined volume at the two bourses fell to
        459 words
      • 517 25 TAIWAN share prices closed higher yesterday, buoyed by expectations of further bank interest rate cuts, dealers said. The weighted index gained 72.74 points, or 1.5 per cent, from Saturday's finish to stand at 4,814.19. Turnover was NT523.96 billion against NTJ2I.9 billion. Monday was a public holiday. Dealers said central
        517 words
      • 902 25 SEOUL stocks closed lower yesterday ir extremely thin trading in a market lack ing fresh buying incentives after th« three-day Chusok holiday. Worries ove a possible money supply squeeze after i penod of heavy spending for the Chusok holiday have curtailed buying interest. Falling customer deposits with securities houses,
        902 words
      • 17 25 THE Bombay Stock Exchange was closed on Monday for a Muslim hoti* day. Trading resumed yesterday.
        17 words
      • 730 25 THE Jakarta stock exchange recovered marginally in low trading yesterday after a week in which even the value of blue chip shares took a plunge. The index rose 0.72 points to 253.82 on turnover of 3.25 million shares. Astra International rose 550 rupiah to 11,500, as did Semen Gresik
        730 words
      • 301 25 NEW ZEALAND shares yesterday end- Ed lower for the second consecutive session, pushed down by a lack of buying interest but very little else. Most stocks rebounded from session lows but looked set to yield more ground over the next few days. Broker) reported heavy selling of a
        301 words
      • 333 25 Clow PmtM Sty 24 AUSTRALIA All Ordinaries Index I.S33.6 1.3419 -8.3 All Industrials Index 2.390.$ 2.4K2 -15.7 All Resources Index 912.2 9110 -2.8 Turnover (million) 70.5 *0 -0.5 i BANGKOK SET Index 693.24 704.14 -9.60 Turnover (billion baht) 1.96 1.13 +0.11 JAKARTA Composite Index 233.82 233.10 +0.72 MANILA Composite Index
        333 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • US stocks end weaker in tentative trade
      • Article, Illustration
        1320 26 US STOCKS ended a tentative session on Monday with small losses as investors backed away to gauge the direction of the economy and corporate results. Volume slowed from Friday's expira-tions-enhanced 241.3 million shares. The Dow Jones Industrial Average was down 8.72 points to close at 3,010.51. Declining stocks
        1,320 words
      • Article, Illustration
        674 26 CONCERN over a poll showing the ruling Conservatives had lost their lead over the opposition Labour Party dominated sentiment throughout the day and left the market floundering at a fraction above the day's lows on Monday. Again arbitrageurs closing large positions in the futures market, by selling shares and
        674 words
      • 262 26 DUTCH SHARES ended a listless session easier after Wall Street's firm start lifted most Amsterdam issues off earlier lows on Monday. Volume was meagre with an easier dollar, high money market rates and lack of corporate news sidelining investors. "Recent first-half results have not been that great," said one
        262 words
      • 166 26 FRENCH SHARES surrendered most gains but still posted a new 1991 intraday and closing high on Monday. The CAC-40 Index ended hardly changed after testing the 1,900 level in buoyant early trade on the first October account session. "People did most of their business in the morning and then
        166 words
      • 358 26 GERMAN SHARES ended a lethargic Monday session down slightly, disappointing some traders who had expected a gentle recovery after options-linked losses last week. The 30-share DAX Index closed 1.91 points or 0.1 per cent lower at 1,614.16, just below the intrasession high. "It was an incredibly boring session," said
        358 words
      • 157 26 THE BRUSSELS BOURSE closed lower on Monday, depressed by worse-than-expected company results from cyclical stocks. The Ifel-20 Index lost 8.21 points or 0.74 per cent to 1,105.52 points, above the day's low of 1,102.97 points. Volume was a relatively high 525 million worth of Belgian shares. Glass producer Glaverbel,
        157 words
      • 275 26 SWISS SHARES ended a lacklustre session slightly easier on light volume as investors stayed away from the market on Monday. The all-share SPI Index, which had fluctuated in a narrow twopoint range, fell 4.3 points to 1,088.7. The SMI index of leading shares eased 6.3 to 1,684.3. Dealers said
        275 words
      • 337 26 TORONTO STOCKS slumped in late trade with little economic news to move the market on Monday. "It's been a very lackadaisical, lethargic market but things should pick up with US durable goods figures," one analyst said. "Hie report for US durable goods for August are due out today and
        337 words
      • 283 26 On the Johannesburg stock market on Monday, the JSE All-Gold Index closed at 1,129 and the Industrial Index closed at 4,171, while the Overall Index was at 3,402. Johannesburg Sep 23 Rand INDUSTRIALS A Alpha 4100 unch AEC1 1100 unch AMIC 8750 unch Abercom 125 Amaprop 770 BAZ 1300
        283 words
      • 95 26 PRICES on the Stockholm bourse closed mixed in cautious trade on Monday, marked by uncertainty over the what the new centre-right coalition government wi|l look like. "Blue chips firmed towards market close on expectations that the government will soon be formed,** one dealer said. Conservative leader Carl Bildt was
        95 words
      • 188 26 Sep 23 Clo* Previous NEW YORK Dow Jones 3,010.51 3,019.23 -8.72 SAP 500 385.92 387.92 -2.00 Turnover (million) 146.01 254.5 -108.49 LONDON Financial Times 30 2,016.5 2,038.8 -22.3 FTSE 100 2,579.5 2,600.3 -20.8 Turnover (million) 349.7 673.8 -324.1 FRANKFURT DAX Index 1,614.16 1,616.07 -1.91 AMSTERDAM CBS Tendency Index 90.7 91.4
        188 words
  • Page 26 Advertisements
    • 22 26 The Milaa report was sot available. Managers must manage. BT shows you how every Monday —————————i_______ Chartpoint in BT every Saturday i
      22 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1095 27 REPORTS Tokyo: The dollar was firmer against the mark on some selling of marks for yen by European traders and steady against the yen in late Asian trade. Dealers said the marie could fall to test 79.20 yen later today against a
      1,095 words
    • 380 27 Crest rate» USS SS MS Dm Yen SFr AS NZS USS 1.6895 2.7435 1.6740 133.05 0.5741 1.4595 1.2481 1.7050 SS 0.5919 1.6239 0.9908 78.7511 0.3398 0.8639 0.7388 1.0092 MS 0.3645 0.6200 0.6102 48.4964 0.2092 0.5320 0.4549 0.6215 Dm 0.5974 1.0093 1.6389 79.48 0.3429 0.8719 0.7456 1.0185 Yen
      380 words
    • 529 27 Interbank rates SS. BM Offer Overnight 4 1/4 4 1/2 1-month 4 13/16 4 15/16 2-month 4 13/16 4 15/16 3-month 4 13/16 4 15/16 Overnight mode: 4-15/16 US$ BM Offer 7 days 5 9M6 5 11/16 1 month 5 7/16 5 9/16 2 months 5 7/16 5
      529 words
    • 706 27 Reuter I PARIS With less than three months to go before the European Community is due to sign a treaty on Economic and Monetary Union (EMU), there are persistent market rumours that one final readjustment of European Monetary System (EMS) currencies is
      Reuter  -  706 words
    • 243 27 Reuter LONDON The London Traded Options Market (LTOM) has launched options trading on the FTSE Eurotrack 100 Index. The London International Financial Futures Exchange (LifFe) began trading a fu-' tures contract based on the index some three months ago. Monday's launch is the
      Reuter  -  243 words
    • 1060 27 SMEX FMHHMHUUI Open High Low Sett Est Vol Op/Int Vol Dec 91 94.22 94.24 94.22 94.23 6133 ***** 2383 Mar 92 94.29 94.32 94.28 94.31 5200 ***** 1517 Jan 92 94.03 94.06 94.03 94.06 1423 3211 384 Sep 92 93.64 93.67 .93.64 93.67 530 1779 178 Dec 92
      1,060 words
  • Page 27 Advertisements

  • COMMODITIES
    • 442 28 Reuter LONDON The coffee retention proposal remained a taboo subject at the executive board meeting of the International Coffee Organisation (ICO) on Monday afternoon, with a formal presentation expected to be made by Colombia only at the next session of the council, delegates
      Reuter  -  442 words
    • 281 28 Reuter CANBERRA Australia's coal production is expected to rise by six million tonnes to a record 171 million in 1991/92 to June 30, the Australian Bureau of Agricultural and Resource Economics (Abare) said yesterday. The increase reflected additional output from existing mines
      Reuter  -  281 words
    • 823 28 REPORTS THE SINGAPORE rubber market closed slightly easier yesterday after a day of thin, two-way trade with most operators reluctant to open positions in the absence pf fresh factors. Dealers said RSS-1 prices fluctuated within a narrow 0.25-cent range throughout the day. Inro again
      823 words
  • 1321 28 Rubber s»m ■Mfflfchmn Sctnts/ka Noon Clote lot I RSS Prompt l34.0(yi35.00N 134.00/135.00N Inl 1 RSS Oct 91 135.00/135.50 I35.0CVI35.50 IM I RSS Nov I36.7V137.25 I36.7V137J5 Inl 2 RSS OP l35.Oyi37.OON 135.00/137.00N Inl 3 RSS OP 134.50/136. SON 134.50/136. SON IM 4 RSS OP 130.00/132.00N 130.00/132.00N IM 5 RSS OP
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  • Page 28 Advertisements
    • 708 28 _B_U_S INESS TIMES TBLBPHONB: 730-5771/5772/5773 FAX: 734-4982 INTHK MATTER OF 1118 COMPANIES ACT, CAP. 5* AND IN THE MATTER OF SKY HILL INVESTMENT PTE LTD (la Vilaalssj I Ifjfallim) At aa Extraordinary Oeaeral Meeting of the Company held at 7500 A Beacfa Road #11-32QG22 Hie Plaza Siafapace 0719 oa Riday,
      708 words
    • 678 28 THE COMPANIES ACT, CAP. M AERO AM A PTO LTD (la fttaafeers' Vehuitery I iqsldstlsa) At a general meeting of AEROASIA PTE LTD duly convened and held on 23 September 1991 the following special resolution, was passed:SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to Section 290(1 Xb)
      678 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 969 29 a% n** no n*t eto Aft* MMM GA896 1235 GA974 OOOI GA886 0010 M*M» Qf81 2000 QF82 2200 SQ227 2245 frlllllilB GA895 1235 SQ24 2200 KL837 1255 KL838 2240 MlMM 0A471 0020 0A472 2240 t 8Q35 1710 AkMM* NZ21 1820 NZ22 1930 SQ388 2030 BMiar Sift
    969 words
  • THE TRAVEL PAGE
    • 563 29  -  LETTER FROM AMERICA By Edwin McDowell THE US economy may be sputtering towards a recovery, but the hotel industry there remains mired in its worst morass in decades, headed for its 10th consecutive year of losses. "Sixty per cent of the hotels in the US are
      563 words
    • 152 29 As at 3flm yntwdqr. Local dollars to oae unit of foreign cviuty Currencies Bid Offer Australian dollar 1.3498 1.3613 Canadian dollar 1.4760 1.4984 NZ dollar 0.9807 1.0050 Sterling pound 2.9354 2.9605 US dollar 1.6880 1.6930 Local daHars la 100 arits offcwl— cmnmey Austrian schilling 14.22 14.44 Belgian
      152 words
    • 85 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Sepl9 29 ZunCh 5ZL— ********** Sep 23-29 International Fo« Interna- **********6 Thurjauentrasse Technical Fair tionale De sSTwdFaiS Pk>vdiv Sep 22-26 International Gotebon. Svenaka Maaaa. ********** Feria Muestra- ********** Sweeten Stiftebe Oct I Furniture Fair (Spain) no Intemacion
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  • Page 29 Advertisements
    • 53 29 Johan, fly Pinnair if you're going to Stockholm Swede home. Because Rnnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from staurt to Finnish. Read CHARTPOINT, a guide to investing in the stock market. Every Saturday
      53 words
    • 235 29 HOW TO MEET WITH SUCCESS. Rl* i HP^3|B g|j JE >gM mm J A •f£*srL £JI. T® "V v r .w I wt MsL I -Vf -f* V liL 1 There's more to hosting a successful business meeting than meets the eye. In Negara Brunei Darussalam, it makes sense to
      235 words
  • Page 29 Miscellaneous
    • 248 29 1 An amorous assail--9 Tending to make railway- 10 Kenneth harbours longing HBl" to a gallery (7) Moslem Iraq (4) 13 Reductions in commis- 1 I I 16 He's too tight to lug liquor 17 Adviser 18 Trouble with marijuana makes him very worried ——4—j— 21 Go on! Make a
      248 words
    • 217 29 Singapore Outlook: Hazy with showers over several areas la the late moraine and early afternoon. Report Maximum temperature. 31.0 Assoc humidity 72% Minimum temperature 34.6 Assoc humidity 95% Hours of sunshine 3.63 Rainfall in mm Trace Rainfall this month. 109.4 Rainy days this month 8 lain■ Irl Inmimit wona forecast
      217 words
    • 30 29 TssTssra*. ,Z i^%giyy= n < y~ r GOT tm*qugh this ukk.... —r 7W/ fve. come, b*c* broke. fro™ -A 1 i HOUDfVY B&ffctfe BUT rr'S e EVENMO STANDARD CO. LTD, IMS-IWI
      30 words

  • 251 30 TAIPEI The foremost high-tech science park in Taiwan has a tempting advertising slogan to hire overseas Taiwanese talent home: Come back to be millionaires, it challenges in its media ads. Dr Steve Hsieh, director general of the Hsinchu Science
    251 words
  • 427 30  -  Republic to be springboard for PC maker's moves into region Fran Catherine Ong in TAIPEI ACER INCORPORATED, the biggest Asian personal computer maker outside Japan, is working towards setting up an operational headquarters (OHQ) in Singapore to service the fastgrowing South-east Asian
    427 words
  • 397 30  -  But M'sia and S'pore ought to decide on issue, says Britain to Harish Mehta SINGAPORE Britain has no objection to the oil-rich sultanate of Brunei joining the Five Power Defence Arrangement, and Brunei's entry will not create misgivings in Indonesia, visiting British Secretary of
    397 words
  • 362 30 AP MOSCOW The feuding Soviet republics of Armenia and Azerbaijan have agreed to limited self-government in the disputed Nagorno-Kara-bakh region after talks mediated by Russian leader Boris Yeltsin, an independent news agency reported yesterday. At the same time, thousands massed outside the Tadzhik
    AP  -  362 words
  • 286 30 AP SINGAPORE Washington will amfcrtaia ha military comtaneut to the Padfic, regardless of what happens to its bases ia the Philippines, »y* the rice-chairman of the US Joint Chiefs of Staff. "The US is a Padfic nation, with aiaay interests and ties in
    AP  -  286 words
  • 507 30 AP GENEVA Opec ministers remained at odds here yesterday over how much Opec crude oil world markets will need over the next few months, as Gulf War foes Iraq and Kuwait prepare to resume their exports. Saudi Arabia believes there will be room
    AP  -  507 words
  • 462 30  -  Senior Minister's visit to Kazakhstan Fran Anna Teo in CHIMKENT SINGAPORE Petroleum Company and Intraco have found a Kazakhstan oil supplier they are hopeful of dosing a deal with a refinery in the industrial district of Chimkent. SPC senior vice-president
    462 words
  • Page 30 Advertisements
    • 190 30 u r\/l en I Mergers and acquisitions j the accounting perspective I This seminar is designed with both non-financial professionals and corporals financial executives in mind. For lawyers, bankers and others giving advice to corporations, an awareness of the effect of their advice on the financial statements would be an
      190 words
    • 6 30 Philippines shelves airport plan, Pg 9
      6 words
    • 34 30 a (VI ■3RH CM* AT: "Tinnn-n i iN ninw i i,— m imininw --i ■■mini in— »Min~*if.«i..«£>sS» *-^*mww« nit AMI > iw.Mrw.«„ i ,i, i m!HmZmSSi Q >lw TOWaw h n>l THE HOUR Glass fl
      34 words

  • ShippingTimes
    • 404 31  -  By Rahita Elias SINGAPORE Shipowners could soon be equipped with a better bunker price forecasting instrument when London-based Cockett Marine Oil launches a new information service, probably by Christmas. Raymond Batkin, the marine computer software specialist's consultant, told BT that Cockett's price predictions
      404 words
    • 322 31 FT LONDON British Airways is expected to acquire more US-powered Boeing 777 aircraft than it originally announced last month. The decision increases the blow to Rolls-Royce, BA's traditional engine supplier, which was also bidding for the order. The deal is also a
      FT  -  322 words
    • 187 31 Reuter SEATTLE The US Federal Aviation Administration (FAA) said it is considering a request to order inspections of wiring on cargo doors of late-model Boeing 747 jumbo jets after an incident involving a United Airlines jet. Sara Dornacker, a spokeswoman for UAL Corp's
      Reuter  -  187 words
    • 178 31 Reuter ATHENS Some 110 Greek ships have returned to the national flag since last October, when the government gave major tax breaks to the country's shipowners. The Merchant Marine Ministry cut taxes by up to 50 per cent for vessels above 40,000 gross registered
      Reuter  -  178 words
    • 1240 31 Page Col ABC Containeiiine 12 1 Accord Group 8 1-3 Aeropak 18 3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 •APL 5 3 A.P.C. Lines 13 5 A c Warehousing I5 4 Arrow Int 9 4 Asian
      1,240 words
    • 228 31  -  By Dexter Lee SINGAPORE London's International Institute of Communications (IIC) is hoping that its annual conference, which is being held here, will attract local companies and government bodies to become members and start a Singapore chapter of the organisation. lIC executive director
      228 words
    • 373 31 Reuter TORONTO Canada expects to approve a deal by France's Aerospatiale and Alenia SpA of Italy to buy Toronto-based commuter aircraft maker de Havilland from Boeing Co of Seattle, Canadian government officials said. But the European Commission, facing its toughest test yet
      Reuter  -  373 words
    • NEWS SUMMARY
      • 55 31 SIR Yuc-Kong Pao, one of Hongkong's most successful businessmen and confidant to many world leaders, died «n Monday from respiratory fkflure at 72. He leaves behind a HKS4 billion (SSB72 million) empire including the world's largest independent shipping fleet and substantial property
        55 words
      • 69 31 THE super-fast French trains that rolled into service a decade ago on one overcrowded line are today poised to rocket across Europe, Asia and even the rail-unfriendly United States. In the process, the chis-el-nosed TGV, for "train a grande vitesse" or high-speed train,
        69 words
      • 31 31 THE German Volkswagen car manufacturer is taking legal action against an advertisement by the French Renault company and demanding that it be withdrawn from circulation. Back Page
        31 words
      • 39 31 A NEW agreement between the Swedish Volvo car firm and Japanese Mitsubishi would not be a "shock** to Renault, which is in partnership with Volvo, Renault chief Raymond Levy said last Friday. Back
        39 words
    • 889 32 FT SIR YUE-KONG PAO, one of Hongkong's most successful businessmen and confidant to many world leaders, died on Monday from respiratory failure at 72. He leaves behind a HKS4 billion (SsB72 million) empire including the world's largest independent shipping fleet and substantial
      FT  -  889 words
    • 182 32 FREIGHT rates eased back over the past week in London, depressed by lack of demand and quiet trading conditions in the physical market, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index fell 12 points to 1,540. In the grains sector nominal rates for the
      182 words
    • 941 32 DRY CARGO chartering activity on Monday was subdued and spot rates fell further against forward positions, brokers said. There were few fresh fixture reports to give direction and Japanese operators were absent due to a public holiday. A second half October 54,000 long ton heavy grain shipment on
      941 words
    • 9990 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,990 words
    • SHIPS IN PORT
      • 450 47 Vwaai toy lb Berth fritoal Departure »w«l Voy Wo Berth fcrivd Departure Marina Tarminal I Afmada PV102 J2/3 2509/1800 26.09/2359 Batam Mail *****1 M04 atomde 24.09/2300 Karuna Jaya 09/02/91 J1 25 09/0900 2609/2300 Btm Bahama *****1 M02 atongsde 24.09/2300 Kuala Sah IV/B S005/91 J3 25.09/0915 26.09/0700 Htan
        450 words
      • 842 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO M /O-i n,u, KOCOru DOOKrf wtance Kvcs Sap Voy No Etb/Btr Pwtod Fran To Fran ACT Jxte 5IA 25/1500 1 24/1500 24/1659 24/1900 ACT Liy 156 27/1800 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 Addnyah 72 26/0530 1 24/1500
        842 words
    • 551 48 AP PARIS The super-fast French (rains that rolled into service a decade ago on one overcrowded line are today poised to rocket across Europe, Asia and even the railunfriendly United States. In the process, the chiselnosed TGV, for "train a grande vitesse"
      AP  -  551 words
    • 177 48 AFP PARIS The German Volkswagen car manufacturer is taking legal action against an advertisement by the French Renault company and demanding that it be withdrawn from circulation. The dispute lies in the following words: "Renault sells twice as many cars in Germany as Volkswagen sells in
      AFP  -  177 words
    • 254 48 AFP PARIS A new agreement between the Swedish Volvo car firm and Japanese Mitsubishi would not be a "shock" to Renault, which is in partnership with Volvo, Renault chief Raymond Levy said last Friday. The head of the other main French car manufacturer, Peugeot-Citroen,
      AFP  -  254 words
  • Page 31 Advertisements
    • 21 31 Lines aai wvieM fP—M by Mwtin <f Mm Registry «f Accredited tlfMiiri NH—I SNpfor advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      21 words
    • 234 31 HHuSOKZiUusK^in^^H Cofltamr SeMuli MyNtffc f «i mill —————————<o—— SNmfett— Sfcpt n Port Sfffonrta u Trampart Owy Waft* ptf to Cwflim 17 Watty f«#b t [■MM I m. fl HH HH| v, The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment <•-**' A
      234 words

  • Page 32 Advertisements
    • 189 32 Ihere Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. >&.■ 1 K lours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. jA' We track international deliveries electronically and speed them across borders using our Electronic
      189 words

  • Page 33 Advertisements
    • 1744 33 OOCL (S) PTE LTD JAROME SHPPWO AGENCIES *•■>#* TEL: *****11 FAX: *****00 \l|f// BOOKINGS TEL *****34/*****58 TEWMINAUCFS TEL: *****18-220 FCSHo^I PESAKA JADDN4E BMPPMQ AGENCIES SON. BHD k VHV J PORT KELANG TEL *****18 FA* *****91/ *****88 Zr—T. 4 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 SSS Dedicated to Quality
      1,744 words
    • 1868 33 TRANSPORT DIARY Oct 10 (12.15pm-2.JOpm): Luncheon Talk on "Oil Pollution' oreanised bv Singapore National Shipping Association at th World Trade Centre Club For further details, please conta( SNSA at tel: 273-3574 or fax: 274-5079. Oct 15-16: Seminar on Trading. Shipping and Banking Doci mentation for Procedural Export Operations, organised b
      1,868 words
    • 850 33 ■Qmaia TWO SAILINBS TO EOROPE R EG'NA MAERSK V 9112 ETA SIN 25/9/91 TABLE BAY V 0560 ETA SIN 28/9/91 ~Voy ETA ETO Faadar bj Singapore Markur Dafta DESTINATIONS to TNa wNk Mat* Mwtk 9106 n I 1/10 oaoo hrs Port Hm Hi CFS 30/9 2369 HRS KaMng OAK LOB
      850 words

  • Page 34 Advertisements
    • 1041 34 I ROTTEDAIwM VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE Ugl^_ I DRESDEN EXPRESS 01/338 29/9 16/10 16/10 21/10 22/10 slPiifi I I KASUQA 1 17/138 1/10 24/10 20/10 19/10 IMI3I I KAMAKURA 19/139 4/10 26/10 22/10 21/10 I MONTE ROSA 15/339 6/10 23/10 25/10 28/10 29/10 I ELBE 07/140
      1,041 words
    • 656 34 SEASPAC SERVICE DWtCT SOUTH PAOFIC SERVICE SIN NOU SUV PPT COPIAPO 2601E8 9/10 20/10 22/10 27/10 XtfiESZZ- m LAUTOM. PAGO PAGO, DKECT CWLE/ SOUTH AMERICAN SERVICE SIN )OQ ANF VAP CLX COPIAPO 2801EB 5/10 0/11 10/11 16/11 17/11 ALSO ACCEPTHG CARGO TO AIBCA, SAW ANTONB AMD COQU—O Agents: IMb VNurou:
      656 words
    • 1304 34 I gsgaroißftggfl MR«" REGULAR INDEPENDENT RILL CONTAMER SERVICE WESTBOUNb WR EUROPE /ioy W.G BCI HAM 8K FEL ROT ANT UM (VM (M AI.Q) NAM) IWIT^ SSS g;s »/io full n/u M/u n'/n S?IT S'm mm NORAsS TSSSoISkH32-3 20/10 11/ll S/ll S/ll 17/11 5/11 19/11 20/11 S/ll ARAOMN SEA 133W 27/10
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  • Page 35 Advertisements
    • 1591 35 Maritime Holdings Ltd P&O 1 STRAITS SHIPPING II gjaarjsa^"^ """"M »»w |»>«| N| 3«i Jtat R« *f I REGMA MAERSX Jill 20/00 22/00 22/00 20/00 10/10 13/11 14/1010/10 ,S3? M M,IS I TMIEMT 0900 25/00 22/00 30/00 15/10- 17/10 10/10 snu n nil „i««. T C I l£Bt MAERSX 0117
      1,591 words
    • 65 35 j 3333 SEACROSS REGULAR CONVENTIONAL SERVICE I I SINGAPORE TO DUBAI/IBAN i 1 111 i a——————g I Loading SIN PESTN MV "GREAT STAR" 25-30 SEP DUBAI g |MV "GLORY STAR" IS-20 OCT B. ABBAS S pore: Seacross $hipi>nw Chartervw 0 T»t *****51 Fax: *****70 The ***** SfCROS 8 Dubai: World
      65 words
    • 1607 35 TO: U.BJUPAWAMA > -t&ayg»Bi l*«tL/yOT OM ICS C* FOB SAV NO* NYC KCSSEI/VOYNYCNOR SA* C» l«i OM v CHOYANC GLORY EFI3O 20/0 23/10 24/10 3/11 0/11 0/11 10/11 12/11 HONGKONG SENATOR **131 7/5 5/1 TT/i t*7i —rtTi ssjtsl iv" "j! m/i# i/n ~/u »/»'««SET :;i« M,\ li;; 7. 7/, 7*
      1,607 words
    • 459 35 I I STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST M RO-RO I HEAVY UFTS I aa |»0T |sp pi paic [a I CO3MC CHALLENGE! M T 1 "jQj J I cosmk leaoqi 4 su> "55 1 1 1| I m "iTrf jl I «AN6E MM" _W UP 1/1> 21/1 jl
      459 words

  • Page 36 Advertisements
    • 604 36 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl/VOY ISTOK ROAM/ADAM H'BURG BREMEN ANTHOP MAT MIAM, 30KB 10/10 12/11 17/11 21/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sufefcct to Induciinint citqo to CtiiMinri. Port Said, Port Alexandria, Genoa, Trlast* ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK
      604 words
    • 1006 36 ®s£ HANJIN SHIPPING I Spore [LEU RIM AM MM MV fa i FEIDCT VSL SM UNE HAUL LGB OAK HANJM KAOHSUN6 005W 29/9 17/10 18/10 19/10 19/10 20/10 21/lOi HANJIN STORE 003E 1/10 OMECT 21/10 1/11 HANJN HAMBURG 007W 6/10 24/10 25/10 26/10 26/10 27/10 28/10 HANJM MASAN OCSE 7/10
      1,006 words
    • 57 36 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CARGO VESSEL, TUGS A BARGES SPECIALISE IN WAVY-LIT, PROJECT CARGOES TO ALL INDONESIA, MALAYSIA, THAILAND, MIUPINB PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUGS A BARGES. TEL: *****26 FAX: *****63
      57 words
    • 1222 36 f J -J. IJTTSSTM e obt K-U4 Til jfu Ti« ran/i« !2i. SJu mi. !S« JSL I!?.. f- w I It fioun mix VIIH/H ivu it ii J i<JJ JK" ls/u 17/11 wu a/11 i/u ii/ua/u a,/12 tun■ ■iSbili 14/iiij/i. J?,!.lS,!!if/J!*{!! 'V" "(I* a/u «/um/u 21/11 24/11 vu vu vu
      1,222 words

  • Page 37 Advertisements
    • 1126 37 V' NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) f M??cL N NEPTUNELINK TEL *****00 :*****16 TERMINAL OFFICE *****22 SfLrc 2521 12 DOCUMENTATION DEPT: *****44/*****14 EEZ mcact 25S 1 S CFSK27- EXPORT *****53/*****04 SB CF S «7. IMPORT *****^*****0 PT wrn'raS NSK'SKST" 8 ***** J8ih,u *****1 *****4 gsssay
      1,126 words
    • 449 37 i in h#.«MlM*e*lFeme*r SEAfKKSHT BOOKNQS: 222 OTI7 FAX: *****73/*****68 EASTERN EUROPE J CZECHOSLOVAKIA 28/9 N COLOMBO 26/9 HUNGARY 28/9 I BOMBAY 28/9 ROMANIA 28/9 28/9 YUGOSLAVIA 28/9 mm 28/9 BULGARIA 28/9 CHITTAGONG 27/9 < 1 km fc CALCUTTA 26/9 EUROPE FMREASTWmmmm ANTWERP 28/9 X rir KAOHSIONG 26/9 BKMEN 28/9 s£,^L<
      449 words
    • 797 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 IKL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES w |i to we ww |aw |wg |hsc |shv [a [Tni ["5F g —Iww Inn *«i_
      797 words

  • Page 38 Advertisements
    • 1570 38 KM v v- ft (CR No: **********0 M) w V Vvn AS AGENTS: KAWABAKI SINGAPORE (PTE) LTD > W W IVI Mj TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 ■V M Hi MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD U m A TEL SA *****00 PK *****01/5 PENANG *****0 JB
      1,570 words
    • 1163 38 PHIII-ORI€NT UN€S PT€ LTD r 108 Robinson Road #07-00 GMG Building Singapore 010$ Tal: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****78/*****38 by air, land or sea..„. WE TAKE ON THE WORLD FOR YOU flrtf MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 1 OCT MONTREAL, OTTAWA, TORONTO, 1 OCT DUBAI, DAMMAN, SHARJAH,
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  • Page 39 Advertisements
    • 1513 39 i PACIFIC INTERNATIONAL LINES PTE) LTD rSSSSSSffH KUKK PtL Building, 140 Cecil Street *0340, Singapore 0106. i [JAKARTA 1 IBANQKOK VESSEL VOV SIN JKT SIN JwSftußiA IIM 5E5 ™,o EQUATOR MAS 17M 88/9 26/9 2/18 PCQASUS PROGRESS MBN 29/9 29/9 1/16 BUNQA TCRATAI 393 29/9 1/10 S/10 JENLINK 71N 27/9
      1,513 words
    • 1024 39 Y BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS. SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsa 338 27/9 12/10 13/10 uTip iSTio CGM Paf 336 28/9 18/10 19/10 Z Bun
      1,024 words
    • 602 39 rfjTfffWfji M MYANMA fßk FIVE STAR UNE (Myanmar National Una) Loading for Yangon (Rangoon) S'poro P.KIf Pen P.Gdf HPA-AN VI67M In Port PAGAN VI7SN Sated 26/21 Sap POIYA VII7W 7/10 Oct 11/13 Oct THE BANK UNI (A —nrtcmol Andrew Wstr Shipping) VT SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS
      602 words

  • Page 40 Advertisements
    • 125 40 PLATOU PACIFIC SHIPPING SERVICES neouuui PAR EAST AMERICA BREAK BULK SERVICE OWNERS' REP OFFICE TEL: 222*111 SMOAPORE: FAX: 22*265* kiMw A SINGAPORE SAILED 31/10 JAKARTA SAILED 22/10 SURABAYA SAILED 27/10 KAOHSRJNG SAILED LOS ANGELES 17/10 RICHMOND 21/10 VANCOUVER 25/10 General Agents: ANGLO FRENCH SHIPPING TEL: *****11 FAX: *****51 TLX: R*****0
      125 words
    • 166 40 cosco UKC CONVENTIONAL BERVICE VESSO. PKL PNQ Pa LOADINQ FOR: A VESSEL 30DS ROTTERDAM/ANTWERP CHINA CONVENTIONAL SERVICE VESSEL PKL PNQ PQ LOADING FOR A VESSEL 2SW 3MM QUANQZHOU/HUANQPU COSCO FULL CONTAINER SERVICES (FCUFCL) EXPORT TO CHINA/BANG (COWHONQKONQ EUROPE/CONTMENTAL WEST MHXTERRANEAN AUSTRALIA US WEST COAST ARAB PERSON GULF/KARACHI PLEASE REFER ABV
      166 words


  • Page 42 Advertisements
    • 662 42 TO AUSTRALIA/NEW ZEALAND |F«m |M*ft ]»Ji M |NK |P CHALM anymrpin *7* 12/11 n/i« i/u 7/11 13/11 u/Ti «mi i«/n 71/11 557TT 17iT ITtT T57T5 ELLEN HUM MF" l/U 0/12 14/12 TS7TF" M/1J ***** OMMfI t*3 17/12 25/12 Jt/12 5/1 11/1 14/1 TO USA/CANADA G* tot| ltOrtuM Cfcartntan PM [hS
      662 words
    • 1039 42 EXPORTS TO HONGKONG, TAINAN. MANLA A JAPAN "TWCE NEEKLY" MALACCA STRAITS SERVICE [OWOWP WY PM. PEN MT SW MM HKC KAO Kg TYO MB N6O Mi IpESSa VOY |si [pKL PEN SLW SW ACX LEY 15> 21.9 -23.9 24.9 27.9 1.11 3.11 411 110 10.10 TSK CHOMB 24A 27T" HI
      1,039 words
    • 1295 42 fSa riTfimr*3?' CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE I wimt agents SINGAPORE'S GENERAL AGENTS ibonemi «eu& I CHUNG CHtAO SUPPING SON BHD COSTAR SHPPMG PTE LTD ?-T. GLOBAL PUTRA I M 4 m?^&SEa 4 S aa VSSi TEL: *****00/*****33 INDONESIA MARITME I ysr cosHr lii&SFisS' im I
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  • Page 43 Advertisements
    • 491 43 Come On! Shippers! We ore offering Competitive roles to For East, Europe, Mediterranean ports.... We Hancfle your consignment with Care. Ship your consignment on Time. And do it with utmost Efficiency. Don't hesitate and col us now) FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETD LOADING
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    • 478 43 Si TEL: *****33 (12 Uimi) ml FAX: *****15/*****03 ltll], TELEX: R8 ***** RISHIP (3 Lin**) i§\ ETHIOPIAN SHIPPING LINES 4 (National Lines ot Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOAOINQ FOR SPORE ABVOT 26W8 7/10 OARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA NETSANET 25W8 23/11 OARESSALAAM. MOMBASA. OJIBOUTI ASSAB MASSAWA
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    • 883 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IT* ETA ETA sran mi kelang knmk BLUE IMX 20/ 9 Loading for Male •UVAI HUH) 30/9 loading lor Calcutta OOLMN 19/9 Loading For Mate MONEE* SUPREME 23/9 20/9 Loading Fot Male OONAKULM 30/9 Loaded For Fetrararu PHOGWSS IHRTT 30/9 Loading for
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    • 749 43 DASA ENAM MS 25/9 20/9 NANTA BHUM 59N Thur 20/9 Sun 29/9 I AKA BHUM IMS 20/9 1/10 KITI BHUM* 03N Thur 20/9 Sun 29/9 I PASA ENAM S9S 2/10 5/10 CHAIYA BHUM# 2SN Sun 29/9 2/10 1 jjj* BUM 5/10 »/"> MAHA BHUM# 70N Sun 29/9 W«d 2/10 I
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  • Page 44 Advertisements
    • 1184 44 S'PORE S^S™ PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN J S N 25/9 76/Q 77/Q I dn/Fl>/Rrtm/Ant Co,ombo 30/9 1/10 2/10 M/ 9 11/9 26/9 28/9 29/9 30/9 1/10 Piraeus/Genoa/Trieste pj K
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    • 344 44 frgg* BLUE STAR LINE TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM MR AKL ITT SIN MANDAMA 0504 In H 7/10 VU NPL 9/10 2C/10 PRE MEN 14$ 27/9 11/10 VU NPI 13/10 30/10 MULBERA 23S 11/10 23/10 VU NPI 25/10 11/11
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    • 853 44 I THOHIG SOPH LIMES PTE. LTD. I 77 ROBINSON ROAD #15-00, #ls-00 SIA BUILDING SINGAPORE 0106 I TEL: ***** M FAX NO: *****11. *****22 I Wtßm TLX: RS 2S2OS CARRIER, RS ***** JENI«6L CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOT l EH I BEST YESSEL
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    • 285 44 f 38>nvocc i FRATA CONTAINER LINES ME PROUD TO OFFER OUR CONSOUDATIONS TO A NDER VARETY OF PORTS. PORTS FREQUENCY/HTM ETA SSI TRANSIT TME AUCKLAND 3 SAUKS 30/1 14 MTS BANGKOK 4 SMJNGS 26/9 3 MTS CALCUTTA 4 SAUKS 29/9 5 OATS CHTTTAGONG 4 SAUKS 21/9 S OATS COLOMBO 3
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  • Page 45 Advertisements
    • 1263 45 DE VAPORE3 "PERUVIAN STATE LINE" ACCCPTM6 BREAK BULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAN, HO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pwant* P. Ketanj Singapore E'Msti KAMALEVEKTT 29/30 Sept THOIIASEVERETT 09/10 Oct 11/12 Oct KARABEVERETT 23/24 Oct WSV "EVERETT ORIENT LINE" JAPAN/BAY OF
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    • 625 45 \w MULTI-MOPE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. DAMMAN. SHARJAH. DOHA MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. IE DO AH FAR EAST ACCEPTING FCL/LCL PtNANG. P/KEIANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG. ROTTEROAM. ANTWEP. GOTHENBURG.
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    • 494 45 m PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA I VEBBEL VOY SIN JKT SBY I PRASETIA 201 A 26/09 28/09 I PELOPOR 1007 28/09 01/10 J DERAJAT 956 01/10 04/10 I PRASETIA 203 A 03/10 06/10 I PELOPOR 1008 05/10 08/10 I BONTANG PACIFIC 038 28/09
      494 words
    • 427 45 SM FAR EAST 30/9 KEELUNG/KAOHSIUNG 29/9 BANGKOK 29/9 MANILA/CEBU 29/9 JAKARTA/BELAWAN/SURABAYA 29/9 PORT KELANG/PENANG/E. Malaysia 30/9 BUSAN 27/9 TOKYO/YOKO/KOBE/NGO/OSA 30/9 HONG KONG S|N CHINA 30/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU I also accepting LCL cargo SjN EUROPE/UK 30/9 LDN/FLX/LVP/SOU 30/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO I also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SjN USA/CAMADA
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  • Page 46 Advertisements
    • 808 46 SJT FIL CONTAINER SERVICE PTE LTD ££b MADRAS CALCUTTA BANGKOK SIN/MADRAB VBL BIN/CALCUTTA VSL SIN/BANGKOK «lIMIU Jl-K/ll MJI KIT muw "a/M«Wlt ITIS/10 KTUUHU Tlk, gas iiss is. 1 I ass as sss »,g j| JAKARTA DUBAI HON6KONG 8*"/ JAKARTA VBL SIN/DUBAI VII MW/HONOKOHQ~| IOT MAUIU Sg Sjb sjj n/|. M/M
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    • 574 46 Eonterml CONTERM FREIGHT (F.E.) PTE LTD. j GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 24 SEPT ALSO ACCEPTMG CARGOES TO: «*T KSSEI ETA POT I BANGKOK CONTERM P. PROGRESS 3/11 10/10 JAKARTA CONTERM EDEN 24/9 1/10 PENANG CONTERM A. BHUM 22/9 27/9 I PORT KELANG CONTERM SEROJA 22/9 20/9 EUROPE CONTERM ROTTERDAM 22/9
      574 words
    • 422 46 Ag»n«« 7g/vr7fl/y &/7 PENANG- KL: allied-link SINGAPORE: *****8055 778 6522(22 lines) W Marina O«o Susan Ng/Ptiillp Kaa Irene Chong/Esther Yap KIM SHIPPING TRADING PTE LTD I ItWi Tel: *****11 Fax: *****88 J lmsssEss VESBEL VOY MN I JED OUB DAM SAUDI TABUK* FEA 052 02/10 19/10 13/10 14/10 SAUW QASSIM
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    • 383 46 MANILA ETA VIGOUR PACIFIC 46K8 28 9 VIGOUR SINGAPORE 10NB 5/10 BANGKOK 29/9 610 BUSAW 29 9 6qo HONGKONG 29/9 11/10 DURBAN/PT LOUIS 28/9 9/10 KEELUNG 30/9 7/10 USA 30/9 7/10 PT. KELANG 3/10 5/10 KOBE 30/9 7/10 PIRAEUS 1/10 13/10 OSAKA 1/10 »/10 JAKARTA 30/9 4/10 SURABAYA 29/9 610
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  • Page 47 Advertisements
    • 228 47 vO c vQc vQc vO c vQc vO c vO c V VAN OMMEREN CETECO GROUP V (J TRANSPORT DIVISION 0 Q VAN OMMEREN AIR (S) PTE LTD Q V WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, VAN OMMEREN AIR IS READY FOR TAKE-OFF. f\ WE HAVE VAN OMMEREN AIR OFFICES AT
      228 words
    • 563 47 At PROVIDE WEEKLY, FIXED DAY, -ST DIRECT CALL TO Ned dljnes £f HJUm FROM j AM jgg 2 1 NEW ZEALAIIP/FUI Rwen/9124 123# 30/9 2 in 0 2 i/?n >v?n 11/1 Jj/JJ iV/io"® 14/10 20/10*" Sl/9125S Ko u%° u%° u% e "/IS »S "KB H/!! ■jffl T, IS "SSI "J»
      563 words
  • Page 47 Miscellaneous
    • 288 47 TIDES AWP WEATHER TODAY'S TIDES (height in metres) hour mm moo «zn ojoo mm km mm 07m mm mm mm um um um mm ism mm im mm im am zim zm am JR 19 17 12 1.6 1.0 0.6 0.5 03 08 1.5 2.3 18 2.5 2.7 13 1.7
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  • Page 48 Advertisements
    • 827 48 CHARTPOINT Every Saturday in Business Times I HYUNDAI MERCHANT MAHNE CO. LTD. EASTSOUNO FEEDER TO PACWC SOUTH-WEST TO PACIFIC IQOWTH-WEST rma wi m m ummml iw up w ok mm. w» uo pw. MR MM HI 034 23/W 24/9) 20/ M H. CMUfKO O/Utl/ll M/U 20/10 OOUOI MTt M 01E
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    • 195 48 I REGULAR WEEKLY CONSOL TO; I EUROPE Milano Genoa I Felixslooe Hamburg I l-=£J [gg| PT. CELEBES LINES dedicated feeder service to from Surabaya Vmil Voy MMi eta Surabaya Bontang Pacific 038 28/09 02/10 Tanto Utama 197 02/10 05/.10 Bontang Pacific 048 05/10 09/10 Tanto Utama 199 10/10 13/10 Bontang
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    • 476 48 CHARTPOINT Every Saturday in Business Times phi WßHlS>ines every SATURDAY f i '<• 19M Freight Management Singapore: 7 Keppel Rd #01-26 Tg. Pagar Complex Singapore 0208 Phone: *****11 Fax:*****59 Philippines: 4th Floor Salamln Bldg, 197 Salcedo St Legaapl Village Makatl Metro Manila Philippines Phone: *****76 Fax: *****79 JEDDAH/UK/CONTNENT IrroK led
      476 words