The Business Times, 11 October 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Friday, October 11, 1991 75*
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  • NEWS SUMMARY
    • 55 1 TELUK INTAN, Malaysia New procedures governing the entry of foreign migrant workers that would facilitate easy detection of the workers when they are due for repatriation were approved by the Malaysian cabinet, Deputy Prime Minister Ghafar Baba disclosed yesterday. They will
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    • 43 1 BONN German steel and metallurgy group Krupp is to take control of troubled rival Hoesch, creating a new metallurgy sector giant in Germany, with annual sales of 30 billion marks (5530.02 billion) and employing 110,000 people.
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    • 41 1 ASK Computer, in a bid to tap the potential in markets outside the US, will set up a software development centre in Singapore next year to translate its English-language products to Mandarin and Korean Page 2
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    • 23 1 INDONESIAN President Suharto has indicated that the country's policy of political openness declared last year is still in force Page 7
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    • 32 1 UNEMPLOYMENT in Australia surged past the 10 per cent mark to reach the highest level since the last severe recession in the country eight years ago Page 8
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    • 23 1 THE REMOVAL of US bases from the Philippines will worsen the country's economic woes, says a risk consultancy firm Page 8
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    • 27 1 US PRESIDENT George Bush has ordered an investigation into Chinese import barriers that could lead to punitive duties on imports from China Page 9
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    • 12 1 SERIOUS PROBLEMS continue to dog Vietnam's computer industry Page 10
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    • 14 1 FOR many Americans, free time is more valuable than money Page 17
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    • 34 1 OSLO-BASED marine consultancy firm Spec Tec AS, which is out to tap the multi-million-dollar Far East market, has set up a regional office in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 46 1 WALL STREET was little changed early yesterday, levelling off after Wednesday's drop. The Dow Jones average of 30 industrials slipped 0.22 to 2,946.11 in the first half hour but then turned higher to show a 3.58-point gain at 2,949.91 one hour into the session.
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    • 26 1 LONDON share prices were lower at midday yesterday. At 1115 GMT, the broad-based Financial Times-Stock Exchange 100-Share Index was down 6.9 points at 2,577.2.
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    • 28 1 EU YAN SANG Holdings, owner of the venerable Great Southern Hotel in Chinatown, is re-developing the 65-year-old hotel into a shopping centre Page 3
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    • 27 1 PROMET BHD has just completed construction of two offshore workboats under a major Ss44 million contract for a Malaysian offshore supply company Page 3
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    • 35 1 MALAYSIA'S Renong Bhd has signed a deal to sell 31 million shares at M 53.70 each in United Engineers Malaysia Bhd to Arrison Investment Ltd for M 5114.7 million. Page 3
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    • Article, Illustration
      30 1 Thursday Change BT-MGA 659.35 -3.01 Kuala Lumpur ....507.37 -0.85 Tokvo closed Hongkong 4,056.22 -20. i 6 Sydney 1,557.5 -12.8 Wednesday Change New York 2,946.33 -17.44 London 2,584.11 -15.4
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    • 24 1 Exchange rates USS SS 1.6935 100 Yen SS 1.3072 MS SS 61.71 Mesey MriNt rates Overnight 4 1/8 +7/8 3-month 4 3/8 +1/8
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    • 39 1 4 London Gold AM fix US$359.55 USS1.95 S'pore Nov 141.5 Vkg -1.00 M'sia Nov 230.50Vkg +0.50 KL Tin Turnover 54 tonnes -2 Spot... MS 14.84 /kg +1 Cmd« palm oil Turnover 1,222 lots +105 Dec MS837 /tonne -5
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  • 450 1 Merger will create Australasia's largest brewer Reuter SYDNEY New Zealand brewer Lion Nathan Ltd and Australian Consolidated Investments Ltd have announced plans for a merger to create the largest brewing group in Australasia. Lion Nathan is to offer one of its shares
    Reuter  -  450 words
  • Article, Illustration
    18 1 This site office was cleared out yesterday. Find out why on Back Page. Photo by Arthur Lee
    Photo by Arthur Lee  -  18 words
  • 396 1  -  From S N Vasuki Magdalene Ng in BANGKOK MICHEL CAMDESSUS, managing director of the International Monetary Fund (IMF), feels that if all the countries in the world unanimously decide to slash unproductive expenditures like subsidies and maintain defence spending below
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  • 179 1 Bernama KUALA LUMPUR Malaysia's manufacturing sector tax incentive scheme is being reviewed in a move to channel investments to selected sectors, International Trade and Industry Minister Datuk Seri Rafidah Aziz said yesterday. Malaysia was keen to bring in investment in hightechnology industries such
    Bernama  -  179 words
  • 394 1  -  Genevieve Cua SINGAPORE Malaysia's MBf Holdings Bhd will acquire a majority stake in a regional investment banking group under a US$5O million (SsBs million) share swap deal with Asian Oceanic Holdings, the owner of the diversified Asian Oceanic Group. Under the
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  • 418 1  -  Elaine Koh William Chia SINGAPORE Three former founding directors of troubled video-cassette maker Electro-Magnetic (S) Pte Ltd have been cleared of any wrong-doing in its affairs, with the Commercial Affairs Department wrapping up a 10-month probe into the company earlier this
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  • Page 1 Advertisements
    • 173 1 America's most comfortable shoes Hush Puppies X X I**IOSNOfS Available at Hush Puppies stores at #03-63, Far East Plaza, #01-314 Marina Square and all Metro stores (except Far East Plaza) Aircraft Schedule 27 Money Market 25 World News 9 Commodities 26 Rqponal News 7,8 Company News 3,4,5 Regional Stock Markets
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    • 13 1 Editorial, Pg 10 Call to keep credit lines open to India, Pg 9
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 75 2 THE Trade Development Board will run a course on creative export marketing early next year for senior managers of local companies. TDB chief executive officer Yeo Seng Teck said the aim of the course was to make managers realise that marketing should be
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      • 85 2 THE MONEY ORDER service from Singapore to West Malaysia is now operating on the international money order service standard. "Hie system already operates in East Malaysia, where money orders from Singapore are sent to postal departments in Sabah and Sarawak, which in turn issue money orders
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      • 44 2 AMERICAN Trade Representative Carla Hills will call on Senior Minister Lee Kuan Yew this afternoon at the Istana. And tonight, Mr Lee will be guest-of-honour at the Singapore Port Worker Union's 45th anniversary dinner at the Neptune Theatre.
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      • 76 2 FRENCH INDUSTRY must invest more in Singapore and the region, says French ambassador Bernard de Montferrand. He said yesterday France had nearly $2 billion worth of investments in Singapore to date, but that had to increase. Mr De Montferrand was speaking at the official opening of
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      • 83 2 SIEMENS NIXDORF has completed a $1 million project for International Theme Parks (S) Pte Ltd, which manages Haw Par Villa Dragon World. The project is the first in the region to successfully integrate turnstiles to an on-line computer system, giving the management up-to-the-minute information on the number
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    • 479 2 Reuter THE Economic Development Board (EDB) is stepping up its drive to woo foreign investors by taking stakes in projects in the Republic and abroad, according to EDB chairman Philip Yeo. "Where it is necessary, we are ready to put up
      Reuter  -  479 words
    • 288 2  -  ASK Computer development centre to translate its products into Mandarin, Korean By Joseph Rajendran AMERICAN software company ASK Computer will set up a development centre in Singapore next year to translate its English-language software products into Mandarin and Korean and extend
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    • 262 2 MORE FLIGHTS between Singapore and India are on the cards after the revision of an air services agreement between the two countries. Under the revised accord, the two nations' airlines can add the equivalent of one 8747 service a week each on the
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    • 462 2  -  By Anna Teo HE FELT awkward, embarrassed, even inferior. That was Prime Minister Goh Chok Tong's reaction when, as a student in the US in the *****, he found he could barely converse with nonChinese who spoke to him in
      462 words
  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 330 3  -  By Hong Lee Tiam SINGAPORE Eu Yan Sang Holdings, which owns the venerable Great Southern Hotel in Chinatown, is redeveloping it into a shopping centre. BT understands that the pharmaceuticals and property group is holding discussions with interested parties to undertake
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    • 392 3  -  By William Chia SINGAPORE Promet Bhd, which recently announced a return to its core marine engineering business, has just completed construction of two offshore workboats under a major Ss44 million contract. The two workboats, which were launched yesterday at Promet's main yard in Singapore,
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    • 259 3 Bernama KUALA LUMPUR Lion Corporation Bhd will be investing more than Msloo million (5561.71 million) to develop a 212-hectare "computer village" at the Cheng Industrial Park in Malacca, its managing director said. The five-year project, a joint venture between Lion Corp and six
      Bernama  -  259 words
    • 235 3 KUALA LUMPUR Malaysia's Renong Bhd said it has signed a deal to sell 31 million shares at M 53.70 each in United Engineers Malaysia Bhd to Arrison Investment Ltd for M 5114.7 million (5570.78 million). The sale will cut Renoug's stake
      235 words
    • 238 3 SINGAPORE Dollar Sweets Holdings Ltd, the recently acquired Australian subsidiary of Jack Chia-MPH Ltd, has made it to the black for the first time since its listing in Australia, reporting net earnings of A$ 167,000 (*****,450) for the three months ended Sep 30.
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    • 318 3  -  By Sangeeta Mulchand SINGAPORE Transco Investments, a family business controlled by Singapore Indian Chamber of Commerce president TR Mulani, plans a Sesdaq listing by 1995. The holding company's managing director, Mohan Mulani, said yesterday it was already working with "one or two merchant
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    • COMPANY BRIEFS
      • 55 3 SINGAPORE CDL Hotels International Ltd, a subsidiary of City Developments Ltd, has bought Chancery Ltd, a company incorporated in Hongkong. The Hongkong company would be used as an investment vehicle, CDL said yesteniay. Chancery has an authorised capital of HK$ 10,000, divided into
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      • 47 3 SINGAPORE The Post Office Savings Bank of Singapore (POSBank) has bought 75,000 General Securities Investment Ltd shares for $99,868.32. The purchase raises POSBank's stake in GSI from 7.247 million shares or 13.18 per cent to 7.322 million shares or 13.31 per cent.
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      • 75 3 SINGAPORE Jardine Strategic Holdings Ltd has reported that the unaudited consolidated net asset value per ordinary and preferred ordinary share of the company at Sep 30 was U553.27 per share of each class. The net asset value computations are based on the market value of
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      • 48 3 SINGAPORE Cheong Kim Pong, a substantial shareholder and director of Hong Fok Corporation Ltd, bought 10,000 Hong Fok shares at S 1.39 each on Oct 8. The purchase raised Mr Cheong's stake in Hong Fok from 17.32 per cent to 17.33 per cent.
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      • 33 3 SINGAPORE Parkway Holdings Ltd will convert its existing scrip-based settlement system for its ordinary shares to a book entry or scripless settlement system on Nov 7.
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    • 361 3  -  By Quak Hiang Whai SINGAPORE Malaysia Mining Corporation Bhd yesterday reported net earnings of M$ 16.72 million (5510.3 million) for the six months ended in July, a 4 per cent improvement from the corresponding period last year when it posted net earnings of MS
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    • COMPANY BRIEFS
      • 69 4 SEOUL A South Korean government tax probe of the Hyundai group has revealed that founder Chung Chu-Yung owes nearly US$l2O million (*****.32 million) in back taxes and penalties. Korea state radio and the Chosun Ilbo daily, quoting a tax official, reported that Chung
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      • 61 4 SYDNEY Gold miner Placer Pacific Ltd is targeting the Australian and Western Pacific region for near-term growth, chairman Alf Paton said at a New York investment conference. Mr Paton also said Placer aimed to cut debt by about Ass 2 million (5569.96 million) in calendar 1991,
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      • 95 4 TOKYO Japan's public broadcasting company, NHK, has joined with three Japanese companies to develop a large high definition television (HDTV) screen that can be mounted on a wall. The screens, called plasma display panels (PDPs), would form a picture using light emissions from electrified neon
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      • 67 4 t SEOUL South Korean steel pipe exporters have called for -dumping charges filed against them by US competitors to be dropped. Representatives of the five South Korean producers of circular welded, non-alloy standard steel pipe said the US government had "unduly" accepted an anti-dumping petition because
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    • 438 4 FT LONDON Music lovers awaiting a next-generation recording system to complement their compact disc players were faced on Wednesday with a likely choice between two incompatible products. Some had hoped the competition to develop a new high-fidelity recording system would produce a clear winner
      FT  -  438 words
    • 319 4  -  From S N Vasuki in BANGKOK THAI stockbrokers are hopeful that a Bill setting up a securities and exchange supervisory commission will be passed before the general election due next April. The Bill was recently passed by Cabinet and will soon be submitted to
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    • 267 4 Reuter LONDON Hongkongbased Jardine Matheson Holdings Ltd is to float 32.3 per cent of its London-based Jardine Insurance Broking (JIB) unit on the London stock market. Jardine forecast JIB pretax profits for 1991 of not less than £19.4 million (5556.39
      Reuter  -  267 words
    • 560 5 Aim to merge Sony's hardware with Apple's software NYT TOKYO A week after Apple Computer put the finishing touches on a broad strategic alliance with IBM, it is quietly negotiating another major linkup, one that could blend American and Japanese technological strengths. This
      NYT  -  560 words
    • 306 5 Reuter BRUSSELS Earnings at Belgium's flagship holding company Ste Generale de Belgique SA are at the mercy of cyclical swings, the main drag coming from its non-fer-rous metals unit ACECUnion Miniere SA, analysts said. "SocGen is the most recession prone set of assets
      Reuter  -  306 words
    • 435 5 Company also slashing dividend and cutting 5,000 jobs in major revamp FT NEW YORK Allied-Sig-nal, the US aerospace, automotive parts and engineered materials group, is to write off US$BBO million (Ssl.s billion) in the third quarter, slash its dividend by 44 per cent and
      FT  -  435 words
    • 376 5 Reuter SEATTLE, Washington Nordstrom Inc, Wall Street's darling retailer when its earnings defied a US economic downturn earlier this year, lost its charm on Wednesday after projecting flat sales and earnings in its current quarter. The news was released after the market close,
      Reuter  -  376 words
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  • Page 5 Advertisements
    • 115 5 ADVERTISE YOUR PRODUCT IN VIETNAM It's 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
      115 words
    • 140 5 SMALLER IS STRONGER. It's a matter of proportion, really. If your financial needs are on a personal scale, or for a small business, you'd benefit from a finance company that is more compact in size. A finance company like Standard Chartered Finance. Our size makes us quicker, more responsive and
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 51 6 SEOUL South Korea's Securities Supervisory Board has allowed the first direct investment in the Seoul stock market by a foreign firm, giving permission to the Korea Liberalisation Fund (KLF), a unit of British firm Jupiter Tyndall Holding pic, a board spokesman
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      • 64 6 SEOUL The Seoul branch of Manufacturers Hanover Trust will be penalised for violating local foreign exchange rules. Kang Man-Soo, director general of the Finance Ministry's international finance bureau, said the bank brought in US$2O million (5533.87 million) of foreign capital without approval from the
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      • 74 6 SEATTLE, Washington Two school teachers have sued convicted junk-bond king Michael Milken and Kohlberg Kravis Roberts Co, alleging misappropriation of hundreds of millions of dollars and seeking US$l billion (551.69 billion) in damages. The suit, filed in US District Court here, alleges that KKR and
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      • 62 6 BEIJING Banque Indosuez of France upgraded its representative office in Shanghai to a branch yesterday, open for business with both foreign and Chinese clients. It was the first French bank to be granted branch status in Shanghai, the industrial heart of China. Banque Indosuez also has
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      • 69 6 HONGKONG The financial services division of Standard Chartered pic, Standard Chartered Equitor Group, said it had bought the trustee business of European Pacific Group for an undisclosed sum. European Pacific has a trustee company in the Cook Islands and provides corporate management, trustee services, offshore
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    • 205 6 Reuter BERLIN Dresdner Bank AG parent partial operating profit rose over 20 per cent in the first eight months of 1991 to 982 million marks (about SS9B3 million), chairman Wolfgang Roeller said. The rise in operating profit was not quite as steep as
      Reuter  -  205 words
    • 403 6 Federation aims to settle all trades within three days by 1992 IHT HONGKONG Executives of the world's major stock exchanges formally endorsed the virtue of self-regulation on Wednesday at a time when their Hongkong hosts are in the midst of a bitter standoff with local
      IHT  -  403 words
    • 336 6  -  By Qwk Hiang Whai SINGAPORE The Singapore Foreign Exchange Market Committee (SFEMC) yesterday launched the revised guide of conduct and practice for Treasury dealers and brokers. "The revised guide better meets the needs of a bigger and more sophisticated market," SFEMC chairman Ho Tian
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    • 265 6 AP NEW YORK The Securities and Exchange Commission is reviewing transactions in which Merrill Lynch and Co allegedly held junk bonds to help a Florida insurance company improve its financial results. Merrill Lynch, America's biggest broking house, denied any wrongdoing and said it was cooperating with
      AP  -  265 words
    • 30 6 LJUBLJANA, Yugoslavia— A woman displaying new Slovenian banknotes on Wednesday. Slovenia's new money is called the tolar and has the same value as the Yugoslav dinar.
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    • 426 6 FT LONDON A group of 20 of the UK's largest institutional fund managers have taken the first step towards the development of an international electronic trade confirmation system which would smooth the way towards global securities trading. The move, led by USbased Fidelity
      FT  -  426 words
    • 219 6 Reuter PARIS French private bank Societe Generate is optimistic about full year 1991 results, and the first half rise in profits bears out its view that 1990's slump was just a stumble, chairman Marc Vienot said. He told a news conference on Thursday that first-half
      Reuter  -  219 words
  • Page 6 Advertisements
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    • 101 6 Forex for better or for worse? Pg II Located the heart of one Approximately 80% leased Brisbane's major regional to Australian Commonwealth business centres Government on from Brisbane's CBD. 'THE PROPERTY asking price A new four level building AUD. $10,000,000 Rg^^-- f"! providing 4664 square Wmßfr j"" metres office space.
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  • THE REGION 1
    • 504 7  -  From Maggie Ford In JAKARTA PRESIDENT Suharto of Indonesia this week signalled that the policy of political openness declared last year is still in force, especially as it relates to criticism of the government through parliament. In a speech to senior armed forces
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    • NOTE BOOK
      • 96 7 BANGKOK Thailand registered a 2.28 billion baht (SSISI million) trade surplus in its half-year trade with Hongkong, state-run Radio Thailand reported on Wednesday. According to figures released by the Office of the Thai Commercial Counsellor in Hongkong, trade between Thailand and Hongkong in the
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      • 95 7 CANBERRA Australia plans to resume direct aid to Vietnam after a 12-year freeze. Minister for Foreign Affairs and Trade Gareth Evans and Neal Blewett, the Minister for Overseas Development, said on Wednesday a mission would be sent to Vietnam to assess the country's development needs.
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      • 107 7 HANOI Washington is unlikely to lift its veto on International Monetary Fund loans to Vietnam at next week's IMF and World Bank meeting, despite Hanoi's market reforms and efforts to pay arrears to the fund, Western sources said. Sources close to the IMF and
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      • 82 7 KUALA LUMPUR Malaysia yesterday said it would ignore appeals from human rights organisations and send home some 200 Acehnese boat people seeking asylum after fleeing Indonesia's troubled north Sumatran province. "We will proceed with plans in the interest of bilateral relations," Malaysian Foreign Minister Abdullah
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      • 72 7 MANILA The Philippine Navy is purchasing Exocet missiles from France for use in Spanish-made attack boats to be deployed in its territorial waters from late 1993, officials said yesterday. The surface-to-surface missiles, which gained a reputation for deadly accuracy since Argentina used them against Britain
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    • 158 7 AFP DUBAI Thailand has launched a drive to boost exports to the Middle East and eastern Europe, a Thai trade official was quoted as saying. "We have announced our intention to target the Middle East under the policy of diversifying our main export markets
      AFP  -  158 words
    • 335 7 MBT KUALA LUMPUR Five Malaysian investors have expressed interest to set up joint ventures with Nigerian companies in oil palm plantation and palm oil processing in Nigeria involving investments totalling more than M 51.37 billion (SsB4s million). The president of the
      MBT  -  335 words
    • 259 7 Bernama KUALA LUMPUR Malaysia has offered to cut its import duty to a ceiling of 10.3 per cent for 1,387 items in a move to allow greater access of goods to Malaysian markets. Minister of International Trade and Industry Datuk Sen Rafidah Aziz
      Bernama  -  259 words
    • 423 8  -  Economic woes likely to worsen By Alec Almazan SINGAPORE The removal of US bases from the Philippines will worsen the country's economic woes, says the Political and Economic Risk Consultancy (Perc). The bases are an important source of political and economic
      423 words
    • 371 8 AFP SYDNEY Unemployment in Australia broke the 10 per cent barrier last month, soaring to its highest level since the last severe recession in the country eight years ago. Bureau of Statistics figures released yesterday showed that unemployment jumped from 9.8 per cent
      AFP  -  371 words
    • 254 8 AFP CANBERRA Australian police will compile a report on alleged investment by the yakuza, Japan's organised crime syndicate, in tourist and property interests here. Justice Minister Michael Tate said on Wednesday. Mr Tate told parliament that allegations of yakuza money-laundering in Australia were
      AFP  -  254 words
    • 159 8 Reuter WELLINGTON The New Zealand Institute of Economic Research (NZIER) said the recession will take another year to shake off but a recovery, once under way, is expected to see real gross domestic product growth varying between 2 and 2.5 per cent from
      Reuter  -  159 words
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  • THE WORLD
    • 267 9  -  From S N Vasuki in BANGKOK THE world banking community should keep credit lines open to India, which has not rescheduled loans or asked for a credit extension on its US$7O billion (S$ 118.3 billion) debt, said Michel Camdessus, managing director
      267 words
    • 264 9  -  From S N Vasuki in BANGKOK BANGKOK The economic outlook of the Soviet Union is gloomier than expected, as output is expected to further fall next year after a cumulative fall in output of 19 per cent from 1990 to 1991. The fall in
      264 words
    • 257 9  -  From Magdalene Ng in BANGKOK BANGKOK may not get the 10,000 foreign delegates expected for the World Bank/IMF annual meeting as cancellations of hotel room bookings come in. Chanin Donavanik, executive director of the Dusit Thani Hotel group, told BT
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    • 482 9 US weapons builders now becoming dismantling centres AP WASHINGTON Caught off balance by US President George Bush, defence installations that have battled since World War II for billions of dollars to build nuclear weapons are hurriedly being transformed into centres for taking them apart. Mr Bush
      AP  -  482 words
    • 451 9 NYT WASHINGTON US President George Bush has ordered a wide-ranging investigation into Chinese import barriers that could lead to punitive duties on imports from China. Scheduled to be announced yesterday, Mr Bush's decision reflected a broad consensus among federal agencies that China
      NYT  -  451 words
    • WORLD WATCH
      • 127 9 TOKYO The decline of the Japanese real-estate and securities markets has led to a record number of bankruptcy filings at the Tokyo District Court. An official said on Tuesday that 1,496 bankruptcy filings had been made through the first nine months of this year. This
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      • 86 9 SEOUL South Korea yesterday confirmed that it has "tentative" plans to construct a nuclear power plant near its border with North Korea. The statement by an official at the state utility, Korea Electric Power Corp, was commenting on a North Korean statement warning that the South
        86 words
      • 90 9 SEOUL South Korea is expected to register a trade deficit with the US, its main export market, for the first time in a decade this year. South Korea's exports to the US, which have been declining since 1989, were expected to fall to US$lB.5
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      • 63 9 BEIJING China has pumped about US$3 billion (Sss.l billion) into loss-making state industries to help clear bad debts that are crippling the companies. The People's Daily said yesterday an injection of 15 billion yuan (554.7 billion) between Sep 20 and 30 amounted to 81 per
        63 words
      • 70 9 HONGKONG China has sent more than 470,000 people for overseas employment in the past 12 years under contracts worth US$l7 billion (5528.7 billion), it was reported yesterday. The semi-official China News Service quoted Tian Runzhi, assistant to the Minister of Foreign Economic Relations and Trade, as
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      • 76 9 WASHINGTON The US government approved on Wednesday a second Aids drug in spite of "many unanswered questions" about its long-term safety and effectiveness. Canadian officials also announced their approval of the drug on the same day as part of a joint review. The drug was
        76 words
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  • 614 10 EDITORIAL THE ATTENTION of the world community this week and next is likely to shift to Bangkok. There is a palpable sense that history is in the making as finance ministers and central bank governors of over 150 member-countries converge for the 46th annual meetings of
    614 words
  • WHAT THE OTHERS SAY
    • 230 10 THt great disarmament race is on. In response to cuts announced by the US and the Soviet Union, the North Atlantic Treaty Organisation has already chipped in by announcing plans to cut its stockpile of nuclear aircraft bombs in Europe by up to half. But a sizeable number
      230 words
    • 85 10 THE setting up of the Universities Endowment Fund reflects Singapore's quest for excellence in education. Generally, Singaporeans place a high premium on education. However, the good old days of relatively low costs of education have gone. Based on the experience of several developed countries, it is also not
      85 words
    • 160 10 CHINA has all along opposed any proposal for Taiwan's independence. If there is no breakthrough in reunification talks and the strength of the pro-in-dependence movement continues to grow, China may even decide to use force against Taiwan. China is an important member in the international community, and
      160 words
  • REGIONAL VIEWPOINTS
    • 124 10 WITH the benefit of hindsight, one could almost say that the present arms-race-in-reverse which US President George Bush's bold unilateral nuclear arms cut announcement initiated has been inevitable ever since the Cold War ended and the old Soviet empire began to crumble. The great irony now is
      124 words
    • 108 10 IN New York last month, Datuk Sen Dr Mahathir Mohamad addressed the issue of potential foreign investors for Malaysia especially in the US who get wrong and distorted reports about the conditions and prospects in this country. Now Deputy Prime Minister Ghafar Baba has come out with similar
      108 words
    • 138 10 CHIEF SECRETARY to the Government Tan Sri Ahmad Saiji Abdul Hamid unveiled the government's three-prong strategy which aims to better the efficiency and management of government funds at both Federal and State levels. The three prongs are: pin-pointing of negligent civil servants who mismanage funds, the provision
      138 words
  • 1020 10  -  Harish Mehta talks to the head of a Vietnamese software company and foreign businessmen in Vietnam to assess the emerging computer industry in that country Harish Mehta ONE Vietnamese company has started yanking Vietnam out of the paper age, in slow motion. This company has achieved
    1,020 words
  • Page 10 Advertisements
    • 142 10 Demands at your office can really take a toll. Which is why you'll appreciate a workout at the spanking new Hotel New Otani Fitness Centre. Here, we'll design a total fitness program to suit the busy executive with qualified trainers to monitor your progress. r/ From Cybex and Lifefitness machines
      142 words
  • Page 10 Miscellaneous
    • 30 10 DOONESBURY BY GARRY TRUDEAU HE IS TOJAU-Y i I PfVMIS£ <**...V&H. XX) IV «r7«* l* uiCKi TM NOT HOT! I POTT W UH-HUWHOPEI ynjA UOTTOUMJITPOft. ll KNOW HOHJYOU KXJDOtft/m?\ M^JUU^OUTI
      30 words

  • ANALYSIS
    • 910 11  - The HDTV miles ahead or years behind? The bureaucrats have hailed it a success, their critics an exercise in futility. From Tokyo, Steven Brull looks at the impending arrival of high-definition television in Japan Steven Brull IHT MARKING a climax to an effort spanning decades and costing more than a
      — IHT  -  910 words
    • 805 11  - Forex for better or for worse? How has the recent global financial shakeout affected the forex industry here? Quak Hiang Whai speaks to the chairman of the Singapore Foreign Exchange Market Committee for his views Quak Hiang Whai IT WAS as recent as early this year that everything seemed all
      805 words
    • 726 11  -  George Bush's image is steadily being tarnished, writes Laurence McQuillan Laurence McQuillan Reuter MESSY, high-profile challenges to his nominees to the Supreme Court and CIA, plus a stubbornly sluggish economy, are turning into a political buzz saw for President George Bush that may cut
      Reuter  -  726 words
  • Page 11 Advertisements
    • 81 11 EXHIBITION ON MODERN ARTISTIC SCREENS AND TAPESTRIES organised by HUA SHI ORIENTAL ART PTE. LTD. > it* v.*i I 4 smrw a tapatn > <! Date 2.11.91 (Sundaft dom Tu** 10.00 am 6.00pm Venue *7* **76 River Vallef Road, S* H 9 a P° re 09ZS TH 73*7371,*****23 (Car parks
      81 words

  • FOCUS
    • 826 12  -  The owners of Ming Village tell Sangeeta Mulchand why they're optimistic about their new acquisition Sangeeta Mulchand WITH Transco Investments' New Zealand venture grabbing the headlines recently, another of the company's investments, Ming Village, is slipping out, almost unnoticed, from behind the
      826 words
  • Page 12 Advertisements
    • 492 12 Special deliveries from SAMSUNG ''jiff high qualit\P and service in electronics. '-~-ff* «i>- Sp««d is essential Samsung's dual port VRAMs. equipped with RAM and SAM dalivar at speeds of 100ns JWfcdßSßr" M-~ -4jl* ■W-j WEl~£b (RAM) and 25ns (SAM) Samsung VRAMs provide high quality and performance in work stations, high-end
      492 words

  • Page 13 Advertisements
    • 103 13 Acer Serving Up An Ace And Acers Acer proudly launches two revolutionary Acers .**?■^^^^^^^B^^^^^^^^^^^^^^B^^^^MBBBHBBHBBaß6BEPjßPffßßßlßl3HßaPlWlßßß^^M^^^^^^^^^^B i fflflflyLjS3K3rex&-akfr«ffyffi vv-: > :fss|?§* iff '1 ■HP r -$p^ i ;3 \*M /Al^»^^^W^^P»SlyllgßWß«^Bfi ■AJfl Jv/x. Ahfl v t J#! m 09 jA ■^"■"^^"^^^^pHnafflw^MMß^B^^^B^^BM i °1M Fir r ,<*& W^ Wmr '/mjb j# VtVW m J
      103 words

  • SPORTS 1
    • 359 14 Mental images pay off with lead position AFP LAS VEGAS Tom Sieckmann used mental images on Wednesday as he shot a nine-under-par 63 to take a oneshot lead after the opening round of the Las Vegas Invitational Tournament. Sieckmann, with one victory
      AFP  -  359 words
    • 360 14 NYT TOKYO Local officials are implementing governmental controls to prevent the recurrence of a recent bankruptcy case in which 49,000 individuals who paid about two million yen (5525,960) each for memberships in a private golf course were left with nothing to show
      NYT  -  360 words
    • 523 14 Reuter ST ANDREWS, Scotland Curtis Strange has a double mission as he leads the US Dunhill Cup golf team at St Andrews this week. He wants to atone for a shock first-round defeat by France a year ago when the Americans were defending
      Reuter  -  523 words
    • SIDE LINES
      • 212 14 SINGAPORE Singapore's richest-ever golf event will be held at Tanah Merah's Tampines course on Nov 26. The second hole is designated the $1 million hole: anyone lucky enough to ace it will bag a Porsche 911 Turbo worth $600,000, plus $400,000.
        212 words
      • 75 14 LONDON Hawaiian sumo wrestlers posted impressive victories on Wednesday in an historic tournament at London's Royal Albert Hall. Organisers are calling it the first official Grand Sumo tournament outside Japan in the 1,500year history of the sport. But sumo officials in Japan say the event
        75 words
      • 58 14 MUNICH A new soccer rule designed to speed up the action will ban passing back to the goalkeeper in the 1994 World Cup, Fifa announced on Wednesday. The international ruling body for the sport also said it will use professional referees for the 1994 championship, to be
        58 words
      • 76 14 NEW YORK George Foreman's suit against Evander Holyfield was settled for a reported US$l.5 million (about 552.5 million) last week. "Nuisance money for a nuisance suit," said Holyfield's promoter, Dan Duva. Foreman sued after negotiations for a rematch against Holyfield were suddenly killed this summer so that
        76 words
    • 708 15 Fighter heeds lawyers' advice to improve his public image Reuter NYT NEW YORK In a news conference more tightly controlled than one at the White House and certainly less exciting, former heavyweight champion Mike Tyson said on Wednesday he wanted to win back the title
      Reuter; NYT  -  708 words
    • 346 15 NYT NEW YORK While Pernell Whitaker's demolition of Jorge Paez last Saturday in Reno raised his standing in the boxing world, it did nothing to solve a matchmaking problem that the undisputed lightweight champion faces. Whitaker shares this problem with several other champions: Meldrick Taylor (World
      NYT  -  346 words
    • 351 15 AFP TOKYO Michael Chang and Andre Agassi, both from the US and both on a revenge mission here, advanced to the third round of the US$l million (551.69 million) Seiko Super men's tennis tournament yesterday. Eighth-seeded Chang, who lost to world
      AFP  -  351 words
  • Page 14 Advertisements
    • 81 14 .11 r n 111 l 1 RWT«i wT IH iII I Iji ||||l 111 1 ill I^^l I iIM Kfigp-l -Ml. JM I 1 IB 111 1| 11 J| m |t I r; ly^^^^Bi I*l siv'llMlli I SMI lli I Mlli IJ ISM I ill i rCv 11 Hil 3>
      81 words

  • Page 15 Advertisements
    • 84 15 In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you where the American Express® Card is always welcome. :±LJ "aue&j v hosptublc rrcrption Membership Has Its Privileges" Hi SHANCRI-LA INTERNATIONAL Hi hIBBbP9 hotels resorts Don't leave home without it* BALI- BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA KINABALU
      84 words

  • Page 16 Advertisements
    • 267 16 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang
      267 words
    • 285 16 PETE'S PLACE BECOMES 18 AS HYATT GOES 20 Pete's Place celebrates turning 18 in her usual style of fun and revelry. With waiters rendering opera excerpts, flying bricks and the introduction of a total novel art pasta art, not to mention an irresistible menu specially prepared for this occasion, if
      285 words
    • 233 16 K" J* 7 i fl Sweet Temptations of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at 06.80++ per person. PLAZA HOTEL SiNGAPOtC Cafe Plaza MMtHaNmsM I The Bugis Lounge M Here at the
      233 words
    • 240 16 jj! <!/))) f,., Octobcr IS -18 SsSS^I, .4) 7pm Midnight w| Adult: $40+ inclusive of a beer \(V i \\m Child below 10: $20+ jM V We serve the world to you at The Belvedere. I asa. <- T At THE GAZEBO Fun Pub you Happy Hours: can sing and
      240 words
  • Page 16 Miscellaneous
    • 730 16 TELEVISION AND RADIO A 1 j >' *-30 Friday Background (See Our 5.30 Dlnosaucers RH4lNF!&lfti RADKY IH 1 7 TO I SgC 2 Choice). 5.55 Today In History A Ui XV Idlv 700 Ml CNN krtaniatkinai (L). 1015 JJ* Y t!?Man l e^o) SUnd liO TtaMy Book. BBC, 88.9 mHz
      730 words

  • LIFESTYLE
    • 1149 17  -  In the US, fewer and fewer people now believe that working long and hard means they are going to live better. Peter Kerr reports on this growing trend that is taking place even as incomes stagnate Peter Kerr NYT AFTER a decade when Americans
      NYT  -  1,149 words
    • 493 17 CHATTERBOX HELEN HAYES turned 91 yesterday, but that's no excuse for her to take things easy. On Wednesday night she was scheduled to present awards at the American Celtic Ball of the Ireland Chamber of Commerce in the United States. Last
      493 words
  • Page 17 Advertisements
    • 146 17 AND ENTEBTAIN Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. A Fachinnshnw at 4 Dm ANA HOTEL t asnionsnow at 4 pm. SINGAPORE For reservations, i6NM*mH*.s«gapor« kbs please call 732-1222 ext 1581.
      146 words
    • 175 17 SUNDAY M FAMILY m BRUNCH B $13+ KH (S7 for children under 12) TEE-OFF CAFE |SJ BAY COLFdr COUNTRY CLUB K9 6 MARINA CREEN SINGAPORE 0101. KVI FOR RESERVATIONS PLEASE CAIJ. 221 2811/122 4221 9-COURSE DELICACIES o|.u 9 BONUS ITEMS 0 O Q ft Special yfcvO Menu k raasinnnßßnnnnnnnß^] ASSORTED
      175 words
    • 547 17 H Allied Irish Banks pic EdMd (Incorporated in the Republic of Ireland with Limited Liability) Exchange Rate: IR£l U551.5582 as at 31st March, 1991. Consolidated Balance Sheet Consolidated Profit Loss 31st March, 1991 AcCOUIIt for year ended 31st March, 1991 1991 1990 IR£m IR£m 1991 1990 IR£m IR£m Group opera
      547 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4857 18  -  By Carolyn Lim SLOWER THIRD-QUARTER growth in Singapore plus Wall Street's negative showing further dampened sentiment yesterday. In its fifth straight day of losses, the Straits Times Industrials Index slid 3.01 points to 1,335.98 on 27.72 million shares done worth $77.14 million.
      4,857 words

  • 4088 19 Main Board Inchcape 390 +10 +2.6% OCBC Foreign 995 +10 +1.0% Singatron 20* 76 +6*6 +9.4% Cold Store 50* 248 +6 +2.5% Hong Fok 149 +6 +4 2% OCBC 875 +5 +0.6% DBS Land 225 +4 +18% Fuji Offset 20* 79 +4 +5 3% Hoed
    4,088 words

  • BT SHARE INFORMATION SERVICE
    • 345 20 Company Data Year Group Nat Nat earning Gross ann to profit./loss (L) par ahare dividend COOO) (cents) S.me Spore Oct 3 Jun 91 J20,716(J28.405) 4 8(6 2a) 14(18 la) Tractors Oct 3 Jun 91 MJ82,198($81.619) 254(25.2) 68(666a) DMIB Bhd Oct 1 Jun 91 MJ25.147($23.508) 84(7 8) 20(20) M
      345 words
    • 441 20 Company Date Yur Group pre-tax Net earnings Gross mr to profit/loss (L) per skere dividend ('000) (cents) YTL Corpn Oct 9 Jun 91 M$30,889($19.311) 13.8(7.9) 10(10 Boustead Oct 2 Jun 91 M$35,810($32,503) 10 4(8 5) 15(15) SBS Oct 2 Jun 91 $4,315($4,140) 10.1(115) 7(7) Antah Hldgs Sep 30
      441 words
    • 485 20 Oct 9 Singapore Airlines has decided to build a new $26m warehouse in Loyang Way to house the growing supply stores of its corporate affairs and engineering divisions Singapore Airlines has spent $40.5 m on its promotion campaigns in the Japanese market. Lam Soon Huat Development Bhd is
      485 words
    • 246 20 Main Board la*t Fb* Yaar Corpany PtnoO Datt Yur Net EPS Grow Net mncmctd endht (cents) pra* last year (JUOO) Ceretos Interim Apr 27 Jul 91 12.6 200TE(a) 38,911 Tonf Men[ Intern Aug 2 Dec 91 4 8 5 0 385 Cloto Last FuH Yaar Company Period Date
      246 words
    • 749 20 BONDS, LOANS WARRANTS Company Caavanlaa period Convaraioa tarm tor mm ordinary sfcar« M Wt Before 30/6/9* 1 warrant plus HK$1 00 cash C4CWI Before 26/4/93 1 warrant plus 13 09 cash Causeway Low Cauuway Wt 2/10/89 to 20/10/9* 1 warrant plus $0 77 cash or 1 warrant plus $0 77
      749 words
    • 516 20 Company Date Half-year Group pro-tax Interim ami to profit/loss (L) dividend ('000) Umphone Tel Oct 9 Jun 91 M$11,018(18,115) i Sn Hartamas Oct 8 Jun 91 M$1,124L($2,531L) M Resources Oct 3 Jun 91 M$99($6,231L) Causeway Sep 30 Jun 91 $784($372) < Fuji Offset Sep 30 Jun 91 $2,173($1,510)
      516 words
    • 1020 20 Currant Ex Baaks Oat* Total far Tatal fcr paymoat data dot* payaMa tha yaar last yur A ana 5%TE(I) Oct 21 Oct 31 No* 15 5%TE 10%TE MOB 50c 3.5% (b) Sep 13 Sep 27 Oct 25 3 5% 25% Avimo 20c 5%TE(I) Oct 14 Oct 24 Nov
      1,020 words
    • 60 20 Company Bonus Issue KTP Hdp One-for-two Ex-date Oct 11 Books dost: Oct 17 Company Others Ami Steel Restricted OHer for Sate of Angkasa Marketing Bhd shares on the bass of SO Angkasa shares of K$1 each at M$2 50 per share for every 1,000 Amal Steel shares hetd
      60 words
    • 977 20 Prices as at 10.10.91 Conversion terms Premium/ Expiry (discount) Amount Optional" using Company (mH Wrts Store Loan Con* Exer Lnsth Casli Cash Loan Gearing Date Mtfcs units) stock ratio price nom Stk Left value Burw.ll 115.2 0 200 0 650 100 1 00 85 3 25
      977 words
    • 609 20 Company Rights Issue Am Pic Laid One-tor two MJO 65 per share AKance Tech One-tor-one $1 00 per share Man Issue of $90 9 78m nominal amount ot 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the bass of 12 nominal amount of Bonds
      609 words
    • 238 20 RasM Hussan Bhd: 4th AGM at the Auditorium, Ist Floor, RHB 1, 424 Jatan Tun Razak, ***** Kuala Lumpur on Friday, Oct 11, at 10am. Honf Leon| Credrt Bhd; EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Tun HS Lee, ***** Kuala Lumpur on
      238 words
    • 199 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mfh: 1333 08 3/6/91) 1991 h* 1565 58 3/6/91) 1991 low. 1022.52 (16/1/91) 1991 tor *****8 (16/1/91) 1990 hifh: *****3 (16/7/90) 1990 Ntfc 1607 12 (27/3/90) 1990 km: 981.07 09/11/90) 1990 tor. 1079.50 (11/10/90) 1989 hifh: 1322.00 28/12/89) 1909 hifh:
      199 words
  • Page 20 Advertisements
    • 181 20 i NOTICE IN THK MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HUP CHEONG (PRIVATE) LIMITED (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant lo Section 308 of the Companies Act. Cap. 50. that a Final Meeting of Members of
      181 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4143 21 Bernama SHARE PRICES closed easier yesterday in listless trading as lack of direction kept investors sidelined. The KLSE Composite Index cased 0.85 of a point to 507.37 while the Industrial Index slipped 0.57 of a point to 945.37. Declining issues led advancers 118
      Bernama  -  4,143 words
  • Page 21 Advertisements
    • 190 21 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that important choice, Business Times has invited local and foreign experts to
      190 words

  • STOCK EXCHANGE OF HONGKONG
    • 1887 22 AP Reuter SHARE PRICES on the Hongkong stock exchange closed lower in decreased trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, fell 20.16 points, closing at 4,056.22. Turnover was HK$ 1.073 billion, down from Wednesday's HKS 1.372 billion.
      AP; Reuter  -  1,887 words
  • 1661 22 The Tokyo stock market was closed yesterday for a national holiday. Bekw are Wednesday's dosing prices. Vol Oct 9 Yen High Low (WO) Ajinomoto 1720 30 1740 1690 2067 Altai 1040 -10 All Nippon Airways 1490 30 1500 1460 837 Asahi Breweries 1290 60 1290 1230 323
    1,661 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks close lower with Wall St
      • 737 23 PRICES CLOSED sharply lower on the Sydney Stock Exchange yesterday after renewed weakness on Wall Street, brokers said. At the close of trading, the All Ordinaries Index was down 12.8 points to 1,557.5. Losses occurred across the boards. The All Resources Index fell 9.3 to 899.1 and the All
        737 words
      • 799 23 SHARE PRICES rose yesterday as some investors gained confidence with the approach of next week's World Bank/IMF meetings here, brokers said. They estimated the SET Index ended 9.84 points higher at 644.60 on a turnover of 2.04 billion baht. "Some shares had been oversold and prices were low, encouraging
        799 words
      • 715 23 THE JAKARTA Stock Exchange plunged again yesterday after a marginal recovery on Wednesday, its index falling 4.81 points to 241.56 on 9.10 million shares, brokers said. They said foreign investors were still unloading shares. "It is the best shares that are being traded because we can't find buyers for
        715 words
      • 513 23 PHILIPPINE SHARES slipped yesterday as investors were discouraged by high inflation and unemployment, while discounting any effect the return of former first lady Imelda Marcos may have on the market, brokers said. The Manila Stock Exchange Composite Index fell 14.44 points to end at 968.07. The Philippine inflation rate
        513 words
      • 829 23 SEOUL STOCKS gained further in moderate trading yesterday as most investors were partly encouraged by rumours on right and bonus issues in some banks and on a rise in brokerage commission of securities firms, brokers said. "The market started firm as most investors basically expected the same late buying
        829 words
      • 306 23 NEW ZEALAND shares ended a generally uninspired day just a fraction softer with much of the light volume being transacted off market yesterday, brokers said. Further consolidation is expected until fresh news emerges, although sentiment is still reasonably bullish. "There was no selling pressure (but) there were just
        306 words
      • 122 23 SHARE PRICES fell under relentless selling pressure yesterday triggered by a tight credit policy for the second half of,, the 1991/92 fiscal year announced by-> the Reserve Bank of India (RBI) on-> Tuesday, brokers said. The Bombay Stock Exchange (BSE) Index dropped 63.72 points from Mon- day's close to
        122 words
      • 791 23 Close Previous Oct 10 AUSTRALIA All Ordinaries Index 1.557.5 1,570.3 -12.8 All Industrials Index 2,418.3 2,436.2 -17.9 All Resources Index 899.1 908.4 -9.3 Turnover (million) 108 88.7 19.3 BANGKOK SET Index 644.60 634.76 +9.84 Turnover (billion baht) 2.04 2.0 +0.04 JAKARTA Composite Index 241.56 246.37 -4.81 MANILA Composite Index 968.07
        791 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Dow falls 17 points in heavy trading
      • 667 24 Oct 9 Close Prr»ious NEW YORK Dow Jones 2.946.33 2,963.77 -17.44 S P 500 376.80 380.67 -3.87 Turnover (million) 186.7 170.1 +16.6 LONDON Financial Times 30 1,975.7 1,991.6. -15.9 FTSE 100 2,584.1 2,599.5 -15.4 Turnover (million) 438.5 374.9 +63.6 FRANKFURT DAX Index 1.567.22 1.578.71 -11.49 AMSTERDAM CBS Tendency Index unav
        667 words
      • Article, Illustration
        1092 24 STOCKS FELL on Wednesday in heavy trading, dragged down by concern over corporate earnings, a weak bond market and fading expectations of any imminent interest-rate cut by the Fed. The Dow Jones Industrial Average Tell 17.44 points, to 2,946.33, as Big Board volume reached 186.7 million shares, up
        1,092 words
      • Article, Illustration
        623 24 SHARE PRICES continued to come under pressure here yesterday, as the market was depressed by the persistent weakness of the pound and fears that it will delay further reductions in interest rates to lift the economy out of recession. At 1130 GMT, the FT-SE 100 index Stood at 2,567.7,
        623 words
      • 280 24 CONCERNS about the health of the German economy and unfounded rumours earlier in the day that Soviet President Mikhail Gorbachev had been shot conspired to send German share prices to their lowest levels in seven weeks on Wednesday. The 30-share DAX Index dropped 11.49 points to 1,567.22, its lowest
        280 words
      • 220 24 FRENCH SHARE prices ended a listless session on Wednesday at a fourweek low. "It's very hard to get excited about the market at the moment," a trader said. "We are scratching around." The CAC-40 Index closed down 4.68 points or 0.25 per cent to 1,843.43 on paltry volume of
        220 words
      • 345 24 SWISS SHARES ended a slack session slightly easier on Wednesday with most participants sidelined. One broker said investors were cautious partly due to unfounded early rumours Soviet president Mikhail Gorbachev had been shot. A presidential press spokesman later said there had been no threat to Gorbachev at all in
        345 words
      • 244 24 ITALIAN SHARES closed broadly weaker on Wednesday, with the bank- ing sector and insurer group SAI posting the heaviest losses in a thinly traded market. Dealers said fears of another strike on the bourse and worries about the effects any disruption would have on the closing of the October
        244 words
      • 193 24 SHARES ON the Stockholm bourse recovered from morning declines to close higher on Wednesday after forestry firm SCA reported eight-month results at the high end of expectations. "Things relaxed a bit after SCA's report," a dealer said. Earlier, shares had fallen after competing forestry firm Stora reported low-er-than-expected eight-month
        193 words
      • 238 24 BELGIAN shares closed lower in directionless thin trading on Wednesday, but a late block trade in retailer Delhaize boosted volume at the close. The Bel-20 Index fell 0.98 points of 0.09 per cent to 1,099.35 on volume of 626 million francs worth of Belgian shares. Nearly a third of
        238 words
      • 320 24 A SHARP downturn in US and Canadian treasuries spurred a moderate drop in Toronto stocks on Wednesday, dealers said. Financial services and utilities stocks dropped across the board on fears that efforts to ease the credit crunch may spur inflation and limit further interest drops. "It (the stock market)
        320 words
  • Page 24 Advertisements
    • 24 24 The Johannesburg and Amsterdam stock market reports were not available Executive Jobs every Saturday in Business Times Innovation and Technology in BT on Tuesday
      24 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 816 25 REPORTS jkgUfc THE US DOLLAR ended easier against the yen and barely changed against the mark after a quiet and directionless day due to the absence of Japanese dealers on a market holiday. "The US dollar moved narrowly because of
      816 words
    • 263 25 Reuter ELMENDORF, Alaska A senior US Treasury official said the recent rise of the yen was probably appropriate given the recent increase in Japan's trade surplus. "We don't have a problem in recent times with exchange rates, including the yen," said the official, who
      Reuter  -  263 words
    • 386 25 Cross rates octio USS S$ MS Dm Yen SFr AS NZS USS 1 6945 ***** 1.6915 129.60 0.5821 1.4795 1.2571 1.7637 SJ 0.5901 1.6197 0.9982 76.4827 0.3435 0.8731 0.7419 1.0408 MS 0.3644 0.6200 0.6163 47.2217 0.2121 0.5391 0.4580 0.6426 Dm 0.5912 1.0018 1.6225 76.62 0.3441 0.8747 0.7432
      386 words
    • 512 25 Interbank rates SS Btd Offer Overnight 4 1/8 4 1/4 1-month 4 1/8 4 1/4 2-month 4 1/4 4 3/8 3-month 4 3/8 4 1/2 Overnight mode: 3-5/16 USS Bid Offer 7 days 5 1/4 5 3/8 1 month 5 3/16 5 5/16 2 months 5 3/16 5
      512 words
    • 483 25 Reuter NEW YORK The US foreign exchange market, long dominated by US dollars, is making larger room for cross rate trading to meet the demands of multi-national corporations, US dealers and analysts said. Cross rate transactions, which pair any two currencies
      Reuter  -  483 words
    • 266 25 Reuter CHICAGO The Chicago Mercantile Exchange head said he expects Standard Poor's Corp to award the sought-after futures rights to its 400 index within two weeks. "I think it's critical to resolve the negotiations within the next week or two weeks," CME chairman Jack
      Reuter  -  266 words
    • 999 25 SIMEX EUtOOOU-AH Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.43 94.43 9*41 9*41 4SOO ***** 3245 Mar 92 94.51 94.52 94.48 94.48 5092 ***** 2558 Jun 92 94.30 94.30 94.25 94.28 3040 6732 983 Sep 92 94.00 94.00 93.94 93.98 1200 2036 565 Dec 92
      999 words
  • Page 25 Advertisements

  • COMMODITIES
    • 305 26 AFP JAKARTA The Organisation of Petroleum Exporting Countries (Opec) must take steps to counter price volatility caused by oil futures market rather than simply opposing it, a leading Britishbased oil consultant said here on Wednesday. The futures markets, as they developed
      AFP  -  305 words
    • 302 26 Reuter LONDON Zaire is likely to produce around 250,000 tonnes of copper this year and output losses as a result of the recent riots are only 3,000 to 4,000 tonnes at most, a senior source from the state mining company Gecamines said.
      Reuter  -  302 words
    • 549 26 REPORT Singapore: Rubber prices fell fairly sharply in moderate afternoon trading following disappointment over Inro's poor acceptances of RSS-1 rubber, dealers said. They said Inro bought RSS-1 November in Singapore at 145.00 Singapore cents a kg and December at 146
      549 words
    • 181 26 Reuter LONDON European coconut oil prices, which this week bounced above US$5OO (SsB46) to a new peak for 1991, are likely to remain high, dealers said. "Large consumers in the US and Europe bought hand to mouth and still need a lot
      Reuter  -  181 words
  • 1316 26 Rubber Oct 10 MS (to hi Mm) Scents/kg Noon Close Int 1 RSS Prompt 141.00/I42.00N 140.50/141.50N Int 1 RSS Nov 91 142.50/143.00 141.50/142.00 Int 1 RSS Dec 143.25/143.75 141.50/142.00 Int 2 RSS OP 138.7V140.75N 138.25/I40.25N Int 3 RSS OP 137.2 V I39.25N 136.7V138.75N Int 4 RSS OP 133.75/135.75N 133.25/135.25N
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  • Page 26 Advertisements
    • 1218 26 BUSINESS TIMES TELEPHONE: 730 3771/3772/3773 FAX: 734-49»2 EB|«UT0(l« WITH IMMEDIATE EFFECT WE HAVE MOVED TO 432 BALESTIER ROAD #***** PUBLIC MANSION SINGAPORE 1232 TEL: 252 0008 FAX: 252 2788 TLX: ***** DG GRP SING INVESTMENTS FINANCE LIMITED S TK (lnco po ra,B<j in tbe RepuW'C of Singapore) y/ announcement Pursuant
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    • 11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1106 27 City Flight ETA Flight ETD Afca MuM GA970 2245 GA976 2310 IWlMi B742 1815 >■■!■ RJ182 1400 Amsterdam KL837 1255 SQ24 0100 SQ23 1815 KL838 2240 Mkm* 0A471 2355 Auckland NZ35 1550 SQ325 2115 SQ338 2030 NZ36 2330 BA12 2200 toto fart SQ181 1410 SQ182 0915
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  • THE TRAVEL PAGE
    • 795 27  -  LETTER FROM NEW ORLEANS By Nicholas Woodsworth NEW ORLEANS has never been a gracious city. Nor is it snugly stitched into the wider fabric of the American south. Geography and history have conspired to give it an identity of its own. New Orleans sits
      795 words
    • 153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3412 1.3527 Canadian dollar 1.4826 i .5051 NZ dollar 0.9495 0.9639 Sterling pound 2.8992 2.9240 US dollar 1.6910 1.6950 Local dollars to 100 into of foreign currtno Austrian schilling 14.08
      153 words
    • 95 27 Duration Title Venue Organiser Tel Duration Title Vcnue On»nner Oct 5-14 International Le Kram Societe Foire ********** Machinery ni/iinxu Tunisian Fair (Tunisia) Internationale Oct 17-21 6th International M.Ian Trade Assocuuone 02/4****** De Tunis SA Audio. Video, Fair. Italy Protnozione Oc, H,™ U Mo**. 04.*****3S KgggjML. Tnjyecship (London.
      95 words
  • Page 27 Advertisements
    • 39 27 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly aervioe from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 for details. We know Europe from start to Finnish.
      39 words
    • 258 27 WATgftgALL ARE>BUI Welcome to Kuala Lumpur's Prime Residential Address LOCATION COMPARABLE TO CLAYMORE DISTRICT IN SINGAPORE Set amidst the LUSH ROLLING HILLTOPS of Bukit 1 -ll Bandaraya Bangsar, comes Kuala Lumpur's most EXCELLENT INVESTMENT... magnificent homes for the discerning few. Architectured in 9 More than 10% rental return the finest
      258 words
  • Page 27 Miscellaneous
    • 322 27 across B |V V V 6 He'll be in the red at I I mere game ißi Hi "™THT "|BT~~IB "l^B 9 Playing nicer music would 11 Concerned with wrapping at speed (4) 12 Get the trainee driver to turn a great deal (3) 13 A woman manoeuvres the BBT
      322 words
    • 199 27 Singapore Outlook: Hazy with showers over a few areas in the afternon. Report Maximum temperature 31.7 Assoc humidity 69% Minimum temperature 26.2 Assoc humidity 88% Hours of sunshine 0.00 Rainfall in mm Nil Rainfall this month Trace Rainy days this month 0 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Showers
      199 words
    • 26 27 *>ccr Mguec DoaVS... ReQJtRC ifwCDiWTE. A v ftTrcKTion... ne*vy Firte.s....fteNFMXY aftoses.... U < ffifti pic-tick ....Tfegm of irriPetsoiMeiiT:. 1 ccre.gß 'c&T&gft. 3534 «ASSOCIATED NEWSPAPERS LTO„ IMI I
      26 words

  • 450 28  -  By Harish Mehta SINGAPORE Asean needs to draft a proper document on the Asean Free Trade Area (Afta) for approval at the six-nation summit here next January, and also flesh out its economic ideas so that Afta emerges as a "full-term
    450 words
  • 185 28 AFP TOKYO Former deputy prime minister Kiichi Miyazawa has emerged as the man most likely to succeed Japanese Prime Minister TosMki Kaifu on indications that the moat powerful faction led by former premier Noburo Takeshita was set to back him. Mr Miyazawa has held many
    AFP  -  185 words
  • 217 28  -  From Catherine Ong in HONGKONG HONGKONG is expected to announce new anti-inflation measures as the government comes under renewed criticism for doing little to tackle the territory's Number One economic worry. Senior legislator Allen Lee said yesterday Financial Secretary Hamish MacLeod would unveil
    217 words
  • 467 28  -  Country is increasingly looking to East for business By Shoeb Kagda SINGAPORE South Africa is looking at Singapore as a way of gaining a foothold in the rapidly expanding markets of Asia, says a South African economic consultant. Mr Michael Brown, of the Johannesburg
    467 words
  • 432 28  -  Desaru resort dispute By Dawn Tan SINGAPORE The Johor state government has taken the first steps towards repossessing the land leased to the ill-fated Desaru International Resort project in south-east-ern Johor. Sources close to the project say representatives of the developer, DIRSB (Desaru International
    432 words
  • 370 28  -  Commonwealth finance ministers' meeting From Leslie Lopez in KUALA LUMPUR THE Commonwealth finance ministers urged industrialised countries yesterday to sweeten the terms on debt relief to severely debt-stressed nations well beyond the plan proposed by Britain under the Trinidad and Tobago
    370 words
  • Page 28 Advertisements
    • 86 28 Nikon The World's Finest Photographic Systems fil J m .w"9 m i «f 1h v^P^'' v«Si& HKT ig Jg JB 6 CERRUTIIBBI MEN'S BOUTIQUES #01-15 The Paragon, Orchard Road Tel: *#<12-54/60 Wisma Atria, Tel: 734 M 360 •#<)l -45 Forum Galleria, Orchard Road Tel: 733 1882 LADIES' BOUTIQUE #02-61 Wisma
      86 words
    • 109 28 Nikon The World's Finest Photographic Systems WW T Now Zip gives you instant boiling water every minute of the day... JUST TURN ON THE TAP. ZIP OUT-DATES URNS. KETTLES. COFFEE BARS AND JUGS MODELS TO SUIT EVERY KITCHEN, OFFICE. FACTORY HOSPITAL AND SCHOOL ZIP IS FULLY AUTOMATIC AND STEAM-FREE. SAVE
      109 words

  • Shipping Times
    • 496 29  -  Republic's importance as maritime centre a factor By Rahita Elias SINGAPORE Oslo-based marine consultancy firm Spec Tec AS, which is out to tap the multi-million dollar Far East market, has established a regional office in Singapore. Mr Christian Christensen, its managing director, said
      496 words
    • 195 29 Reuter WELLINGTON New Zealand's Securities Commission found yesterday that major shareholders in Air New Zealand failed to properly disclose secret inter-com-pany deals, but said there would be no penalty. Critics accused the commission of being a lapdog, not a watchdog, but chairman
      Reuter  -  195 words
    • 1241 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 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 AcWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCL Shpg
      1,241 words
    • 362 29  -  Asia-East Coast Express will take 22 days to sail S'pore-NY By Dexter Lee SHIPPERS in Singapore who use Neptune Orient Lines' Far East-US East Coast service will soon enjoy a shorter sailing time for their cargoes that are bound for New York. Under the
      362 words
    • 190 29 UPI CEDAR RAPIDS, lowa Rockwell International Corp said on Wednesday that one of its units will supply Ilyushin, the Soviet Union's primary aircraft manufacturer, with flight instruments for 400 wide-body Soviet airliners. Rockwell said the agreement calls for engineering integration to be performed in both Moscow
      UPI  -  190 words
    • 176 29 FT LONDON The construction of a high-speed railway line between London and the Channel tunnel has been postponed by the UK government until well into the next century. This means passengers travelling on high-speed Channel tunnel expresses between London and the Continent will face a
      FT  -  176 words
    • NEWS SUMMARY
      • 46 29 The Baltic and International Maritime Council, formed nearly a hundred years ago. has developed into the world's biggest association in international shipping. Bimco's general meeting in Venice last month was accompanied by seminars dealing with issues facing the shipping community. Page 2
        46 words
      • 54 29 While other vehicle makers are busy promoting their 1992 car and truck models, the world's No 3 vehicle maker Chrysler Corp is also showing off a building that will consolidate engineers, designers and scientists under one huge roof in hopes of speeding development of
        54 words
      • 53 29 France Telecom, which earlier this week announced a big videotex venture with US West Inc, said it would pursue other ventures with the "Baby Bells", especially in the wake of a US Appeals court ruling freeing the regional telephone companies to offer electronic information
        53 words
      • 51 29 Daimler-Benz AG and Mitsubishi Corp completed their third round of high-level talks on Wednesday, the third in their widely watched effort to forge an alliance. But they issued only a cryptic statement saying little more than that they would meet again in a year
        51 words
    • LOG BOOK
      • 60 30 MCLEAN, Virginia GTE Corp's Spacenet Corp said it agreed to provide satellite news-gathering services to General Electric Co's NBC News Channel. Terms were not disclosed. Through its News Express Satellite, GTE will provide technical services including providing GStar 111 and Gstar IV
        60 words
      • 45 30 FRAMINGHAM, Massachusetts Perini Corp said its joint venture with Tutor-Saliba Corp has received a US$3B.5 million (about Ss6s million) contract to build the Wilshire/Vermont subway station for the Los Angeles County Transportation Commission. It said completion is scheduled for summer 1994.
        45 words
      • 100 30 LUXEMBOURG EC transport ministers agreed to force car passengers to sit in seats fitted with seat belts. Although they did not go as far as forcing car owners and makers to fit seat belts where they do not exist already it does force passengers to
        100 words
      • 104 30 LONDON The Cypriot bulker Atlantis Sky suffered an undetermined amount of damage when its cargo of bituminous coal ignited in its holds, Lloyds Shipping Intelligence service said. Lloyds said the 19,106 dwt vessel was anchored off the Irish port of Foynes on Oct 5 when
        104 words
      • 77 30 ALEXANDRIA Three Japanese navy ships on a globegirdling training mission arrived in Alexandria on Tuesday on a four-day goodwill visit. It was the first call by Japanese naval units at an Egyptian port. An Alexandria Port Authority spokesman identified the three vessels as Katori, Hatsuyuki and Yamayuki
        77 words
      • 66 30 PARIS French car parts maker Valeo is close to concluding a cooperation accord with US electrical and communications company Motorola Inc, the French financial daily Les Echos reported. Under the accord Motorola will cooperate with Valeo in research and training in electrical engineering. Valeo engineers
        66 words
    • 1247 30 The Baltic and International Maritime Council (Bimco) has developed into the world's biggest association in international shipping. Its general meeting in Venice last month was accompanied by seminars dealing with various issues facing the shipping community. Transport SINCE its foundation nearly a hundred years ago, Bimco
      Transport  -  1,247 words
    • 710 30 A FLURRY of timc-charter fixture* on Wednesday spurred chartering activity in the freight market, and rates were on the increase, dry cargo brokers said. But the actual rises would depend on the speed with which the market found employment for a large quantity of Panamaxes now available ofT
      710 words
    • 605 30 Carbon Oct 7 DcmityWjter Residue Ash Ahmnun Sedment M/M EBM KG M»3". V/V 1 M M M/M PPM method ISO/Ciiuc Units Spec E25 ***** 150 010 30* 010* Spet C35 ***** 18 0 0 15 30* 0 10* Northern Europe 180 Ave ***** 12 7 0
      605 words
    • 7381 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 Irom the Port of Singapore. Advanced dates are published for a maximum
      7,381 words
    • SHIPS IN PORT
      • 581 45 Vessel Voy No Berth Vnvi Departure Vessel Voy No Berth Arrival Departure Marina Terminal 1 Batam Maui *****1 M04 atongsde 1010/2300 Brastag 1 40/91 M03 alongside 11 10/2300 Btm Bahagta *****1 M04 alongside 1010/2300 Mahkota Exp *****1 M05 alongside 11 10/2300 Shoryu 9127 MOl alongside 11 10/0800
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      • 242 45 lohore Port Berth: 1: Sri Nam Hua IM; 2; Kris Madura; 3: Yuhang; 4: nil; 5; Kwan Mo Bong; 6; Wan Hai 206. 01 jetty: Santi, Ajon. DCi: Jati. Due on Oct 10: Esperanza, Global Mercury, Silver Pride, Soon Seng, New Leading. Due on Oct 11: Bumeugah,
        242 words
      • 919 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootaf/Babnce Rsfts Sty Voy No Etb/Btr Period From To From ACX Oasy 196 12/0030 1 10/1500 10/1659 10/1900 _2 10/1700 11/0659 11/0900 ACX Ruby 25A 13/0700 3 11/0700 11/1159 11/1400 4 11/1200 11/1*59 11/1700 Aka Shun. 112S 12/2300 3
        919 words
    • 370 46 Development of new models to be speeded up NYT DETROIT While other vehicle makers are busy promoting their 1992 car and truck models, Chrysler Corp is also showing off a building that will consolidate engineers, designers and scientists under one huge roof
      NYT  -  370 words
    • 300 46 NYT GENEVA France Telecom, which earlier this week announced a big videotex venture with US West Inc, said on Wednesday that it would pursue other ventures with the "Baby Bells", especially in the wake of a US Appeals court ruling freeing the regional telephone
      NYT  -  300 words
    • 172 46 IHT FRANKFURT Daimler-Benz AG and Mitsubishi Corp completed their third round of high-level talks on Wednesday, the third in their widely watched effort to forge an alliance. But they issued only a cryptic statement saying little more than that they would meet again in
      IHT  -  172 words
  • Page 29 Advertisements
    • 27 29 Lines and services represented by Members of tbe Registry of Accredited Shipping Agents, Singapore National SMp- \SmSgi) ping Association. /•V>r a</vcrti\inx enquiries, amtiut Shinning Times: lei 740-20X9/74^090.
      27 words
    • 373 29 gf H '*1 t -i&i? I CARGO CONTROL BY THE REPUBLIC OF TOGO The republic ofTogo by decree (ordinace) number 80-11 bis of 9th January 1980 in accordance with the UNCTAD Liner Code, has decided to enforce the 40-40-20 rule and to retain 40% of each national trade ocean carriage
      373 words
    • 30 29 Contamer Schedule 17 Daily 2 Index to Advertisers 1 Shipping Gude 10.11 Shps m Port 17 Singapore Tides 17 Transport Dory 3 Veritas Report I Weather and Sea Condrtions 17
      30 words

  • Page 30 Advertisements
    • 95 30 Af- ■v\ 11 a controversial deal between two stock I \f market stars, a thought-provoking report by L_2l university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section
      95 words

  • Page 31 Advertisements
    • 2384 31 OOCL (S) PTE LTD JAR DINE SHIPPING AGENCIES «ll I#* TEL *****11 FAX *****09 All If# BOOKINGS TEL: *****34 *****58 IVIRTIII TERMINAL/CFS TEL *****18-220 T CQOQ3 r l PESAKA JAROINE SHIPPING AGENCIES SON. BHD A PORT KELANG TEL: *****18 FAX *****91/*****88 W^| PENANG TEL: *****4 FAX: *****1 CFS TEL *****6
      2,384 words
    • 2089 31 TRANSPORT DIARY Oct 15-16: Seminar on Trading. Shipping and Banking Documentation for Procedural Export Operations, organised by Facs World at Carlton Hotel. Nov H (9am to 2pm): Inmarsat Mobile Satellite Communications Seminar, jointly organised by Singapore Telecom. Singapore Polytechnic and Inmarsat at the Singapore Polytechnic Auditorium. For registration, please contact
      2,089 words
    • 1540 31 mamssnassm TWO SAILINGS TO USA MCKINNEY MAERSK V.9106 ETA SIN 15/10 LAUST MAERSK V.9112 ETA SIN 14/10 Vessel Voy ETA I ETD Feeder by 7 DESTINATIONS Singapore Merkur Delta lo This week Mckmney Maersk 9106 H2SCZSSBIZi^3SQCES9BBSEC^^^9I^E&SIBS&3iHI CY 15/10 0800 MRS Port Hi HI H Hi Hi CFS 14/10 2359 MRS
      1,540 words

  • Page 32 Advertisements
    • 848 32 ROTTEDAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP IE HAVRE ELBE 07/140 11/10 3/11 30/10 29/10 LEVERKUSEN EXPRESS 03/340 14/10 30/10 1/11 4/11 5/11 MNHMO v LONDON EXPRESS 04/141 17/10 9/11 5/11 4/11 L AUWESTSOtWF. KITANO 10/341 20/10 6/11 8/11 11/11 12/11 SStfllW i KMAJW CAMO HAMBURG EXPRESS 05/142 24/10
      848 words
    • 633 32 SEASPAC SERVICE MRECT SOUTH PACITC SERVICE SIN NOU SUV PPT L J BONTANO 2605E8 20/10 11/11 14/11 18/11 ALSO ACCEPTMG CARGO VU SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOFA DIRECT CHR.E/ SOUTH AMERICAN SERVICE SIN IOQ ANF VAP CLX L. J BONTANQ 2805E8 28/10 2/12 3/12 10/12 11/12 ALSO
      633 words
    • 1475 32 El a WMIA &MMS BwBI REGULAR XOCPeWOeKT FUti- CONTAWER SERVICE WESTB6UND FOR EUROPE VSI/VOY M.C Ba mi K WT MIT m UK (VU (W (W AL6) NAM) ROT) NORASIA SHAAJAH 9130-3 11/10 01/11 03/11 OC/11 07/11 07/11 W/ll 00/11 10/11 NORASIA MUBARAK 9131-3 14/10 05/11 07/11 01/11 11/11 10/11 12/11
      1,475 words

  • Page 33 Advertisements
    • 1770 33 Steamers Maritime Holdings Ltd WP&O I ATM STRAITS SHIPPING Containers »«T *> Mf H'K«l| #r*l Sport Mf sou Ant ftol Hb| ACCEPTS DUE SAILS KNNSUAft 0AY0544 07/1# 10/10 MlO 13/10 30/10 11/10 01/11 r»CO LNXX MAERSK 1110 OMIT All PORTS 13/10 24/10 27/10 20/10 OUT |W u,« BM Mn KB
      1,770 words
    • 1969 33 ■"^RTfaVTITrBTnTH mrwammmSm TO: U.8.A./PANAMA FM: U.SJk./PANAMA vtssti vct v oa* to* cm n» mat ntc «mi wt mc iw c» ta oai v CHOVANG CMANCf CFl4* 13/10 S/ll (/II IS/11 11/tl Mil 72/11 21/11 PANAMA tfMTO* IMIM 2»/» M/l l/» (/I IS/* l»/» 14/11 CHOVANG sue ass (Fill 19/10 12/U
      1,969 words
    • 414 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS rtssu I dot I v pi [wc pii KMC Ml KOU li "SLD staw 2 sio lvio turn ocean im w n w/n AMBAIIM S3 M FT 14/10 N«m»H NAKEE 1 14/11 SOMBAI t 14/10 lt/10 SEKI AKEBH <7 17/10 15/11
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  • Page 34 Advertisements
    • 566 34 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE ttl/VOT SfOK ROAM ADAM H'BURG BttMEN ANTMRP IMTMAM/30NB 15/10 11/11 23/11 27/11 1/12 SMWMYA/33W8 30/11 3/1 9/1 15/1 20/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Su6|«ct to lnduc*m«nl. Atoo accepting cargo to Casablanca, Poet Said. Port Alexandria, Genoa Triaata. ALSO ACCEPTING BOTH
      566 words
    • 986 34 |/jJ\ >1 E V HANJIN SHIPPING I IS'port ILEH RTM ANR HAM MV FEI FEEDER VSL SIN LINE HAUL LGB OAK I HANJIN FELIXSTOWE 009* 13/10 31/10 1/11 2/11 2/11 3/11 4/11, HANJIN OAKLAND 015E 1«/10 DRECT 6/11 J/11 HANJIN LEHAVRE 014# 20/10 7/11 811 9/11 9/11 10/11 11/111 HANJIN
      986 words
    • 1250 34 -1 d* IH "T3"=H"^fc I. w c ra u ni 'ii n Ki H no ui oe H nc lw mm oom nr m no cm ml I t oun M-Mt u/io 17/n a/u 21/10 n/n a/io n/io ji/u i/u 2/11 «/u 15/11 27/11 »/n i/u 10/12 n/u 12/12 11/1?
      1,250 words

  • Page 35 Advertisements
    • 1927 35 r- NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 ICR NO: **********0E) BOOKINGS NEPTUNELINK TEL *****00 V# USA SERVICE -*****16 TERMINAL OFFICE *****22 SERVICE *****119 DEPT KKtK AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53^*****4 ■Mb FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA ID u innciwoi CI«JQA
      1,927 words
    • 1041 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES. *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OSCHMtfING WESTBOUND—IQAOHG HAHSWftP WA MTTCTDOi wssns WT 15 |M« n>6 WT law |m Ice \mm In.
      1,041 words

  • Page 36 Advertisements
    • 1755 36 44 w t L f f (CR No: **********0 M) K\T T T \T|7 AS AGENTS: BSMI6S PAX: *****07/./9 IV H/ MALAYS,*: 236,0, KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa. Tel: jkt *****76.*****77.*****08 ttAMERICA PACBTC SOUTH -WEST f. XPOWT ftAMERICA PACIFIC SOUTH. WEST rran kssi mn tao tn/mt
      1,755 words
    • 1235 36 PHIU-OM€NT UN€S PT€ LTD f Robinson Road #07-00 GMG Building Singapore 0106 I T «< *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 I BY AIR, LAND OR SEA I WE TAKE ON THE WORLD FOR YOU ffg I sTtj jbMv' I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Vgjf IV I
      1,235 words

  • Page 37 Advertisements
    • 1222 37 PACIFIC INTERNATIONAL LINES (PTE) LTD g J V iHfIF P,L Building. 140 Cecil Street #03-00, Singapore 0106. IJAKAPTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN ■lIUAA tppatai 413 13/10 15/10 20/10 PEQASUS PROGRESS 697N 12/10 15/10 IS/10 SUNGA TERATAI 413 Wl. K(jjk pAHLAWAN
      1,222 words
    • 747 37 BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon- 356 »1/10 28/10 29/10 1/11 Jutlandia <- 356 12/10 2/11
      747 words
    • 318 37 m 3EN ASIA CONTAINER SERVICE S port BTtiA Retina ProT*» **71* 11 Oct 15 Oct kit—Ml *154* 14 Oct It Oct PKm Progress V6SSN II Oct 22 Oct togewty 21 Oct 25 Oct General Agents Tel: *****22 Bot Line Agencios (S) Pte Ltd F»«: *****03 r a! JORDAN FAR EAST
      318 words
    • 565 37 Mk MYANMA pß* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pw PMf ME R GUI *109* In ft PKYA VII7W 15/ If Oct 10/13 Oct HAKHA V432W 19/21 Oct HPAAN VIUIN 27/30 Oct THE BANK UNI (A Mfvtc* ot Andrtw Welr Shipping) \T SEMI-CONTAINER SERVICE
      565 words


  • Page 39 Advertisements
    • 612 39 WpnU^S r ScanDutchg I TO EUROPE (NORTH CONTINENT-UK-SCANPINAVIA) WEEKLY feeder yiBsa mumo umaho ocean whii tm le havwudr-oamw rHAnno«(D wurqw aww (t) Strtii/W Kuk 4/10 S/10 3/10 5/10 BtMMa/350 to M 20/10 28/JB Jl/l a Smia/H Shun. 4/10 0/10 J/10 S/10 11/10 2/11 1/U B Smii/a Bhum 0/10 11/10 12/10
      612 words
    • 635 39 m WEEKL Y, FIXED DAV, DIRECT CALL Wcilloyd from port kelamg and Singapore to la spezia Nedlloyd Lines from jam 1992 lisiuiilj J VESSEL Jkt PJ<| fw -ftk Sn S'baya Auckland Rji(A) N Rouen/9124 30/9 2/10 24/10 24/10 25/10 28/10 11/11 23/11 13/11 1«/ 15/ 15/ 16/ 11/11 I J
      635 words

  • Page 40 Advertisements
    • 750 40 TO AUSTRALIA/NEW ZEALAND [~wi [s« IFiwi IkWb |Sjd Audi INK |p CM AIM mmiKimN in 24/10 31/10 j/u s/u u/n w/11 HUIM I ?ll 14/11 21/11 2C/U 1/12 7/12 10/12 ILLEN HUNG 202 1/12 »/12 14/12 10/12 24/12 27/12 BHUSSfI 203 17/12 2V12 30/12 5/1 11/1 1571 TO USA/CANADA *5
      750 words
    • 1051 40 ■rttiilflillßffll— EXPORTS TO HONGKONG. TAIWAN, MANILA I lAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND" VOY PKI PEN ml TsW MNI~HKG KAO KEE TVO SM7 NGO KOO~ I VESSEL VOY |SM IpKL PEN BLR SM C CARRtR 106 1110 "9 10 13 10 16 10 20 10 25 10 26 10
      1,051 words
    • 1581 40 fte a CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA s agcnts SINGAPORE'S GENERAL AGENTS rdonesa s agents CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P.T. GLOBAL PUTRA W TEL: ******1/17 FAX: U*****. ***** TEL: *****00/*****33 INDONESIA MARITIME f KLANG TEL 3CUIOC/I TU MA 3*503 TELEX: RS
      1,581 words

  • Page 41 Advertisements
    • 512 41 WEEKLY LCL CONSOLIDATION HONG KONG KEELUNG BUSAN EUROPE (ALL PORT fc DESTINATIONS) FAST DRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA £10 LOAWNG FOR OELI INCAH In Port *****1 PR BALAM LAMPUNG JAYA In Port 1210.91 PANJANG/PALEMBANG PINANG JAYA 13.1091 14.1091 PANJANG PERITA JAYA 14 1091 20.10.91 PANJANG/PALEMBANG
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    • 499 41 WW RICHFIELD MARINE AGENCIES (S) PTE LTO A TEL: *****33 (12 Lines) m FAX: *****15/*****03 CD TELEX: RS ***** RISHIP (3 LlfiM) PP] ETHIOPIAN MM LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA I LOADING FOR SPORE ASYOT 26W6 lo PI DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA
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    • 759 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD ETA ETA ETA SPORE POUT KELANG rtWNG BLUE lACE 17/10 15/10 Laadmi hx Male KUVAI HUOMU 15/10 loadinf tor Calcutta OOLPHN 25/10 Laadinc Fix Male nacu SUPREME 20/10 Loadrnf For Mat* DONAKULH 22/10 loaded For FHnraru noGMss inn 30/10 loado* tor Maldives
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    • 789 41 112S 12/10 >S/10 ftANTA BHUM CIN l*« 11/10 IW cAa tw .No i* #n/io ll DASA {NAM 71S I lt/10 10/10 ■lakabhum ins 1 n/io to m»ha bwm# 70w ut 12/10 tm is/ii ■SURABAYA KIMWM g T wn w l l I[ <nti *n w» mwTAßmw tai nw nlO SM
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  • Page 42 Advertisements
    • 1162 42 S'PORE IMPORT: *****02 I PENANG: (04) *****6 SIBU. (084) *****9 KK: (088 *****0 T(089) 7786T0 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****Q j WAREHOUSE REMOVAL (SINGAPORE) Please be informed that our warehouse at F2 Keppel Terminal will be moving to:- PBI inside Pasir Panjang Terminal
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    • 338 42 BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL try SIN MULBERA 23S In Pt 23/10 VIA NPt 25/10 11/11 MAHSURI 0506 26/10 6/11 VIA NPt 1/11 25/11 PROSPECT 15S 7/11 19/U YIA NPt 21/11 «/12 FULLY CONTAINERISED
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    • 881 42 THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO ftQMVEIITIOWAL/COMTAIMER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL [VOY |ETA [PEST ~YESSET VOT SMft P.
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    • 337 42 f iSSL i Jgp NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLDATIONS TO A WDER VARIETY OF PORTS. PORTS FREQUENCY/MTU ETA SM TRANSIT TIME AUCKLAND 3 SAILINGS 11/10 14 OAYS BANGKOK 4 SAILINGS 13/10 3 DAYS CALCUTTA 4 SAILINGS 13/10 5 OATS CWTTAGONG 4 SAILINGS 11/10 S DATS
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  • Page 43 Advertisements
    • 801 43 >sS^^^compani^eruana^^ DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAN, 10* 1 OTHER PERUVIAN PORTS* WITH T/S AT KO6E ON CPV THROUGH HLL OF LADMG. P«unf* P. Ktianf Sfffapert EMsia THOMASEVERETT 17/11 Oct l»/» Oct KARAfIEVERETT 31 Oct/1 Nw 02/03 Nev JOHNEVERETT 06/07 No* "EVERETT ORIENT LINE"
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    • 486 43 CZ3Z Ml^l N.AMERICA/CARRIBEAN SERVICES «es»i Ivor toi hmoMO fcju test |mv birc tw m KAOHSUNS DIE 11/11 ON SAMMMH t/U 11/u 22/11 14/11 Bt/ll AM TOKOHAMA IX 15/10 W CAIfORtOA 22/11 1/12 5/12 7/12 9/1 2M POMEUS 12SE 22/10 M CAIfORWI&J/ll 2/12 f/12 1/12 10/12 at EL AT ME 31/1*
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    • 556 43 MUITI-MOOE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU OHABI BANDAR ABBAS JCDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY ABEROEEN. LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN I
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    • 486 43 to PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA I VESSEL VQY SIN JKT MY PELOPOR 1009 12/10 15/10 DERAJAT 958 15/10 18/10 PELOPOR 1010 19/10 22/10 DERAJAT 959 22/10 25/10 TANTO UTAMA 199 12/10 13/10 BON TANG PACIFIC 068 14/10 17/10 TANTO UTAMA 201 20/10 23/10
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    • 418 43 Vi fl JtWVnT^^^l^ I |IP^MMMMnM||H<( SM fMmT 14/10 KEELUNG/KAOHSIUNG J 19/10 BANGKOK 19/10 MANHA/CEBU 15/10 iAKARTA/BELAWAN/SURABAYA 17/10 PORT KELANG/PENANG/E. Malaysia 14/10 BUSAN 16/10 TOKYO/YOKO/KOBE/NGO/OSA 14/10 HONG KONG I tm mm 14/10 GUANG2HOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIAN JIN QINGDAO /HAIKOU m also accepting LCI cargo SIN EWOPt/lM 14/10 LDN/FLX/LVP/SOU Z 14/10 RDM/HAM/ANT/LE
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  • Page 44 Advertisements
    • 1011 44 e .T FIL CONTAINER SERVICE PTE LTD rIL- MADRAS CALCUTTA BANGKOK ("VSL SIN/MADRAB VSL SIN/C ALCUTTA VBL BIN/BANOKOK SM MM SM SM CAL SM SJH MX 10l AVAL ABLE 10-11/10 171J/18 25-20/10 NHT AVAEABU SW 13-10/10 25-20/10 AVAO.ABLE 12 Oct If Oct 15-10/10 22-24/10 30-31/10 14-15/10 21-25/10 31 01/11 M
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    • 563 44 '$Eonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE ALSO ACCEPTING CARGOES TO: POUT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 21/10 21/10 JAKARTA CONTERM EDEN 15/10 22/10 PENANG CONTERM SEROJA 15/10 22/10 PORT KELANG CONTERM SEROJA 15/10 22/10 AUCKLAND CONTERM MAKSURI 25/10 2/11 FREMANTLE CONTERM A. FREMANTLE 17/10 26/10
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    • 463 44 ClUi conuißv immwmS SERVICE FROM \ttW rBAAArrfA/r Cf/i PENANG KL: allied-link SINGAPORE: /-g^\ gSffr 04-*****2 *****8955 778 6522(22 lines) St® Marina Ong Sumo Ng/Phillp Kaa hana Chang/Eathar Yap IBM KIM SHIPPING E3 Tot: *****11 Fu: *****5S COHTHCX KOKO BREAK BULK SOtVtCtS VEBBEL VOY BIN OAM DUB JCD SAUDI QASSIM FEA
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    • 445 44 MANILA ETA VIGOUR PACIFIC 47N8 12/10 VIGOUR SINGAPORE 11WB 19/10 BANGKOK 13/10 20/10 8U SAM 13/10 20/10 HONGKONG 18/10 25/10 DURBAW/PT LOUIS 23/10 5/11 KEELUNG 14/10 21/10 US A 14/10 21/10 PT KELANG 13/10 20/10 KOBE 15/10 22/10 PIRAEUS 13/10 23/10 OSAKA 16/10 23/10 IAKARTA 13/10 18/10 DUBAI 17/10 24/10
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  • Page 45 Advertisements
    • 16 45 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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    • 231 45 vOc vO c vQc \Qc vQc vQcvOc V VAN OMMEREN CETECO GROUP > U TRANSPORT DIVISION U Q VAN OMMEREN AIR (S) PTE LTD Q > WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, U VAN OMMEREN AIR IS READY FOR TAKE-OFF. A WE HAVE VAN OMMEREN AIR OFFICES AT THE MAJOR AIRPORTS
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  • Page 45 Miscellaneous
    • 318 45 TIDES AND WEATHER i in i■■ ii in iiiwh— mm —i TODAY'S TIDES (hefht in metres) j HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o<oo 0900 *****100 1200 ***************0 *****1001)00 2000 2110 2200 2301 JR 25 2 7 2 7 23 18 1.3 10 08 09 12 18
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  • Page 46 Advertisements
    • 841 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EABTBOUWO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fffM KB M Wt M IJ€ CU. VOT KAO LBH 00 StA UK Hit. WT MO TCM/gA PTI RUN HM 201 N035 14/11 15/10 17/10 H. COMMMX* 20£ 25/10 11/11 14/U
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    • 207 46 [jgg] PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmm 4 Voy eta «ta eta Sin Surabaya Jakarta Nusantara Pacific 018 11/10 13/10 Tanto Utama 199 12/10 15/10 Nusantara Pacific 028 16/10 19/10 Bontang Pacific 068 16/10 19/10 Tanto Utama 20 1 21/10 24/10 Bontang Pacific 078 23/10
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    • 578 46 [CHARTPOINT Every Saturday in Business Times 1 #r" VISA FREIGHT SERVICES PTE LTD/^ta 5S (INTERNATIONAL FREIGHT FORWARDERS) J 10 ANSON ROAO. IM, MTBW/OIONAL PLAZA. SMGAPORE 0207 TEL *****66 (12 UNES) TELEX RS M7O VOA MCVMLf ***** M Estabtefwd Since 1964 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION
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