The Business Times, 3 June 1991
1991-06-03
1
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https://www.nlb.gov.sg
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The Business Times
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Title Section10 1991-06-03 1 Business Times MCI (P) 16/12/90 Monday, June 3, 1991 75*10 words
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NEWS SUMMARY
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72 1991-06-03 1 ABU DHABI The United Arab Emirates Oil Minister said he expected prices to reach US$2l a barrel. Yousuf bin Omeir bin Yousuf told the official news agency WAM that production by the Organization of Petroleum Exporting Countries would remain at its current level72 words
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Article16 1991-06-03 1 THE SCOTTS group is expanding its horizons in the Asean region Page 216 words
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Article21 1991-06-03 1 HOME-GROWN clean room specialist Esco Technologies (Asia) is embarking on joint ventures in China and Hongkong Page 221 words
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Article25 1991-06-03 1 POLITICAL Economic Risk Consultancy Ltd is pessimistic about the near-term economic prospects of the Philippines in its latest risk report Page 725 words
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Article22 1991-06-03 1 CHINA has introduced its first copyright law to step up its protection of intellectual property rights Page 822 words
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Article27 1991-06-03 1 POSTING a third straight advance, the US government's main economic forecasting gauge is signalling that the 10-month-old recession will soon be over Page 927 words
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Article39 1991-06-03 1 OPEC' is going to have to choose between slightly increasing its oil output in the next few months, to meet higher demand, and the status quo to help push a price increase, say observers. Page 939 words
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Article38 1991-06-03 1 IN labour-strapped Singapore, scholarships have become an almost standard means of enticing and keeping staff, but the EDB and Glaxo are pitching for a level beyond the immediate pressure of filling an executive post Page 1038 words
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Article20 1991-06-03 1 ARE the great tenors of today mere pygmies compared with giants of the past? Page 1520 words
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Article32 1991-06-03 1 LOCAL shipbuilder Hong Lam Marine and Singaporebased Asian Eternal Shipping Pte Ltd are geared up to be major players in PertaminaIndonesia's fleet renewal exercise. Shipping Times Page 132 words
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MARKETS SUMMARY
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Article32 1991-06-03 1 DBS LAND is feeling the effect of its buying binge over the past two years, with a debt burden up sharply to $1.3 billion at end-1990 Page 332 words
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Article37 1991-06-03 1 THE BRITISH government is to bring in between Ms 2 billion and Ms 3 billion in investments through oil giant Shell for various projects in Malaysia in the next two to three years Page 337 words
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Article36 1991-06-03 1 A MEETING of creditors holding mark bonds from Australia's Bond Corp Holdings Ltd has approved a proposed rescue plan for the financially troubled group involving a debt for equity swap. Page 436 words
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Article39 1991-06-03 1 BRITISH BANKS that have guaranteed bonds worth at least £200 million to £300 million taken out by companies trading with Iraq are lobbying for legislation to ensure they would always have claims on clients Page 639 words
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Article38 1991-06-03 1 US CORPORATIONS swamped the high-grade debt market with new issues last week to take advantage of low interest rates, and some analysts expect offerings could total as much as US$l2 billion this month Page 638 words
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Article, Illustration27 1991-06-03 1 Friday Change BT-MGA 748.01 +3.58 Kuala Lumpur ....629.54 -4.36 Tokvo 25,789.62 +142.22 Hongkong 3,707.01 +27.29 Sydney 1,510 +9.5 New York 3,027.50 +27.05 London 2,499.5 +8.327 words
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Article23 1991-06-03 1 Exchange rates USS ss 1.7650 100 Yen SS 1.2790 MS SS 0.6395 Money market rates Overnight 5-1/2 1 11/16 3-month 5-5/8 +1/1623 words
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Article38 1991-06-03 1 London Gold AM fix USS361.55 USS1.05 Rubber S'pore June 146.50*/kg +0.50 M'sia June 228.00*/kg +1.00 KL Tin Turnover 26 tonnes -7 Spot MS 15.25 /kg -0.09 Crudo palm oil Turnover 1333 lots +1039 June MS784 /tonne +1138 words
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Article, Illustration489 1991-06-03 1 Rahita Elias - Group's priority is to develop carrier network From Rahita Elias in BANGKOK NATIONAL carrier Neptune Orient Lines has plans to list its Thai subsidiaries on the Stock Exchange of Thailand. Mr T G Tan, managing director of Bara Shipping Agencies, one of489 words
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Article253 1991-06-03 1 BANGKOK Neptune Orient Lines has entrenched itself firmly into the Thai network, providing the entire spectrum of transportation services here. Over the past five years or so, the carrier has invested about Sl6 million in Thailand on transport-related ventures. Among its major investments is a253 words
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228 1991-06-03 1 AFP JAKARTA Indonesia's central bank governor has warned the country's national banks of the possible danger to the economy of indiscriminately borrowing from offshore lenders. "Banks should prepare themselves well in taking the professional decision of seeking foreign loans so that they will notAFP - 228 words
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Article, Illustration324 1991-06-03 1 Claire Leow - By Claire Leow SINGAPORE'S disk drive industry continues to shine today as the world's largest supplier of drives. Last year, the country shipped $7.18 billion worth of drives, up 31 per cent from $5.47 billion in 1989, according to government statistics. In volume324 words
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411 1991-06-03 1 Yang Razali Kassim - Ministry to put system on trial By Yang Razali Kassim CERTIFICATES of Entitlement for car ownership may in future be classified into two categories transferable and non-transferable to accommodate calls to curb speculation in COEs, said Prime Minister Goh Chok Tong yesterday. The411 words
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171 1991-06-03 1 AFP CANBERRA The Australian government should pay more attention to Asia, Deputy Prime Minister Paul Keating said yesterday on the eve of a crucial vote on his bid to replace Bob Hawke as prime minister. Speaking on television, Mr Keating said Australia wasAFP - 171 words
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Page 1 Advertisements
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Advertisement277 1991-06-03 1 MlklMOlO 1 In* (>i initiator «»t K ,on KAM POO LI J V'l/ kksss A* < "11l 0-n.,/1 S|, U ;.I|'I.I.I Vj U .itunui I l«u>r) i> i Uh-nsi Aircraft Schedule 23 Market Reviews 18 World News 8.9 The Arts 15 Money Changer Rates 23 Commodities 22 Money Market 21277 words
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Advertisement150 1991-06-03 1 (0) Dulux THE BETTER PAINT Singapore may have an open university. Back Page Feud threatens to split Labor government, Pg 7 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is150 words
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HOME NEWS
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NEWS ROUNDUP
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104 1991-06-03 2 SINGAPORE cannot afford to slacken in its pursuit of excellence and must continually set high standards for itself to beat international competition, said Prime Minister Goh Chok Tong at the official opening of Terminal 2 at Changi Airport last Saturday. "We may be104 words
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Article113 1991-06-03 2 DEPUTY Prime Minister Ong Teng Cheong has suggested that the Chinese intelligentsia accommodate a brand of 'pasar' Mandarin in Singapore as a strategy to get more Chinese Singaporeans to speak the language. Mr Ong urged the intelligentsia to be more tolerant of Chinese Singaporeans who cannot speak113 words
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Article70 1991-06-03 2 SENIOR MINISTER Lee Kuan Yew will address the International Monetary Conference, a yearly meeting of chief executives of the world's largest banks, in Osaka today, said a press statement from the Prime Minister's Office. Representatives from 30 banks in the US and 70 banks from70 words
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Article59 1991-06-03 2 NTUC-COMFORT launched 10 station-wagon taxis last Saturday, the first time that a station-wagon is being used as a taxi in Singapore. The taxi, with its large capacity, is bestsuited to commuters travelling with many pieces of luggage. The NTUC added that The Public Transport Council has approved a59 words
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Article49 1991-06-03 2 THE POSBank has launched its Teleview on-line services for the following: balance enquiry on savings and current account funds transfer between savings and current accounts; request for cheque book, passcard or current account statements; and enquiry on Giro, Interbank Giro and POSBline Bill Payment services.49 words
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59 1991-06-03 2 THE civil service is launching a centralised database. Central Personnel Information System, to computerise the personnel records of monthly-rated civil servants. The $7.2 million project, started in mid-1986. will be ready by 1993 to serve individual ministries and the civil service. With a shared pool of59 words
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Article, Illustration604 1991-06-03 2 Salil Tripathi - Regional expansion takes off with apartments in Bangkok By Salil Tripathi THE new logo of the Scotts group of companies shows a horse with wings, as if ready for take-off. It is an apt symbol for the group, which is expanding its horizons in the AseanPhoto by Chris Loh - 604 words
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366 1991-06-03 2 Genevieve Cua - By Genevieve Cua HOME-GROWN clean room specialist Esco Technologies (Asia) is embarking on joint ventures in both China and Hongkong to manufacture clean room components. The Chinese venture is part of efforts to help upgrade the standards of clean room manufacturing in China, and366 words
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229 1991-06-03 2 THE Singapore Trade and Distribution Centre (STDC) will be inaugurated in Rotterdam, the Netherlands, today. Mah Bow Tan, the Minister of State for Trade and Industry and Communications, will officiate at the grand opening ceremony, said the ministry. The STDC is a229 words
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Page 2 Advertisements
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Advertisement146 1991-06-03 2 An inspiring lifestyle begins with d-SCAN I II IF" Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our Renowned for its simple, clean146 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration442 1991-06-03 3 Elaine Koh - Outlook good as projects come on-stream, says chairman By Elaine Koh DBS LAND is feeling the full effect of its buying binge over the past two years, with a debt burden which rose sharply to $1.3 billion at end-1990, according to its latest442 words
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261 1991-06-03 3 MBT KUALA LUMPUR Malaysia Mining Corp (MMC) will concentrate on sustaining the growth of its engineering sector while pursuing its commitment in manufacturing and efforts to participate in the government's privatised projects. Chairman Tan Sri Nasruddin Mohamed says in his latest annual statementMBT - 261 words
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242 1991-06-03 3 MBT KUALA LUMPUR Kumpulan Guthrie's group pre-tax profit is expected to better last year's $64.3 million (5541.2 million), chairman Jeneral (B) Tan Sri MohdGhazali Che Mat says in the latest annual report. The optimistic outlook is based on forecast prices for commodities andMBT - 242 words
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Article, Illustration1073 1991-06-03 3 Mano Sabnani - THE HOCK LOCK SIEW COLUMN By Mano Sabnani LAST FRIDAY, the Singapore stock market, as measured by the Straits Times Industrials Index, advanced to 1,554.18, just below its 1991 high of 1,558.64 recorded on April 29. Turnover in both volume and value1,073 words
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Article, Illustration220 1991-06-03 3 Bernama IPOH The British government will bring in between Ms 2 billion and Ms 3 billion in investments through the oil giant, Shell, for various projects in Malaysia in the next two to three years, the British HighBernama - 220 words
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104 1991-06-03 3 Bernama KUALA LUMPUR Angkasa Marketing Bhd, a whol-ly-owned subsidiary of Amalgamated Steel Mills Bhd which is going public, may go into the manufacturing of motorcycle engine parts if the sales volume reaps economies of scale, ASM executive director Mr Tan Onn Poh said yesterday.Bernama - 104 words
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COMPANY BRIEFS
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122 1991-06-03 3 KUALA LUMPUR Long Huat Timber Industries has reported a 45 per cent drop in its group pre-tax profit to M$ 1.068 million for the six months ended Feb 28, 1991, from MS 1.944 million the previous corresponding period. Turnover fell 27 per122 words
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Article81 1991-06-03 3 KUALA LUMPUR Malayan Flour Mills said its 67 per cent owned subsidiary, Dindings Soya and Multifeeds, proposes to sell 70.8 ha of agricultural land and 9.2 ha of industrial land at Batu Undan forest reserve in Perak to Dindings Broiler Breeder Farm, a 9381 words
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Article99 1991-06-03 3 KUALA LUMPUR Sungei Way Holdings expects to finalise its acquisition of additional quarries around next month. Group chief executive Datuk Jeffrey Cheah said after the company's annual general meeting that the company was close to finalising the acquisition of additional quarries. On the group's99 words
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Article60 1991-06-03 3 KUALA LUMPUR Bolton Properties has received approval from independent adviser Utama Wardley (UW) for its proposed acquisition of 200,000 shares in Bolton LYL and landed properties. UW said in a circular to Bolton shareholders that the proposed acquisitions are in line with Bolton's core business of60 words
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Article92 1991-06-03 3 KUALA LUMPUR Timah Langat, which is involved in the mining business, is constantly looking into further investments either to strengthen its existing business or expand into other activities. Chairman Datuk Ahmad Razali Mohd Ali said in the company's 1990 annual report that expansion of the welding92 words
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Page 3 Advertisements
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Advertisement140 1991-06-03 3 Will you call me from your hotel, darling? J k ANA HOTEL SINGAPORE DINE IN THE CUSTOM OF THE MOGHULS. With our North Indian Business Lunch, you can now dine in the splendour that the Moghuls were accustomed to. You see, we've put together some rather special regular and vegetarian140 words
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REGIONAL COMPANY NEWS
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Article, Illustration336 1991-06-03 4 Creditors accept scheme to swap debt for equity Reuter FRANKFURT A meeting of creditors holding mark bonds from Australia's Bond Corp Holdings Ltd has approved a proposed rescue plan for the financially-trou-bled group involving a debt for equity swap. A Bond Corp official said theReuter - 336 words
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281 1991-06-03 4 BANGKOK The Charoen Pokphand Group of Thailand is likely to turn down the government proposal to operate only half the three-million-line telephone concession as it is commercially unfeasible, a highly-placed source in the CP Group told the Bangkok Post over the281 words
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Article, Illustration205 1991-06-03 4 AP MELBOURNE The first phase of a restructuring of the Seven television network was completed on Friday when the network was sold into a holding company owned by banks and unidentified investors. The network was placed into receivership in November 1989 when itsAP - 205 words
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618 1991-06-03 4 IHT AUCKLAND Of the 10 largest companies in New Zealand a decade ago. only Fletcher Challenge Ltd managed to survive rapid deregulation in the 1980s that opened the country's market of less than 3.5 million consumers to international competition. But the very strategy thatIHT - 618 words
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433 1991-06-03 4 JAKARTA Sixty-two foreign and Indonesian companies which apply for licences to invest in electricity generation plants are being subjected to a stringent prequalification evaluation regarding their technological and financial capabilities, the Jakarta Post reported on Friday. "We expect to announce the companies which433 words
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COMPANY BRIEFS
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55 1991-06-03 4 CHICAGO The electronic video game market has seen erosion brought on by a lengthy recession and a declining demographic pool of potential consumers, but Atari Corp said it is running counter to the trend and looking for growth this year in sales of55 words
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Article39 1991-06-03 4 JAKARTA Losses estimated to run into billions of rupiah were incurred by the state-owned telecommunications company Perumtel last week, due to a break in the optic fibre communication system, according to the Jakarta Post.39 words
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Article51 1991-06-03 4 SCOTTSDALE, Arizona Go-Video Inc said it expects to file an appeal soon against the decision rendered against it in US District Court in Arizona in the company's antitrust suit against video cassette recorder makers Sony Corp, Matsushita Electronic Industrial Co Ltd and Victor Co of Japan51 words
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Article86 1991-06-03 4 BANGKOK Thai Wah Co Ltd, a major distributor of consumer products, said its consolidated net profit grew 27 per cent from a year earlier to 232.08 million baht (SSI6 million) with a 4.42 baht earning per share in the year ending December, according to86 words
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Article82 1991-06-03 4 TOKYO Fuji Heavy Industries Ltd became the only Japanese automaker in fiscal 1990, which ended March 31 this year, to post a net loss with its announcement of a 66.4 billion yen (SSB49 million) loss. Fuji, the manufacturer of Subaru cars, was hit hard82 words
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Article47 1991-06-03 4 JAKARTA PT Branta Mulia, a major manufacturer of nylon tire cord, plans to set up a plant in Serang, West Java to produce steel cord and bead wire with investments of 354.74 billion rupiah (SS33O million), according to the Jakarta Post.47 words
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Page 4 Advertisements
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Advertisement775 1991-06-03 4 SINGAPORE Li INSTITUTE OF MANAGEMENT 4 i H I MANAGEMENT DEVELOPMENT PROGRAMMES I JUNE-AUGUST "91 I 11. Customer Service whom to ask Jun 27 &28 I I Strategies for Senior Strategic Planning in I Management Aug 28 &29 Marketing of Products I sety l^ B JUI 1& 2 12. Creative775 words
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Advertisement78 1991-06-03 4 B W 1 V mj I m IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-1 Hatchobon, Chuo ku. Tokyo 104, Japan Tel: 03 3553 6961 Fax: 03-*****-2892 Avoid information overload Vital news and analysts in 15 minutes in the style78 words
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INTERNATIONAL COMPANY NEWS
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296 1991-06-03 5 Reuter NEW YORK Merger volume in the United States jumped 40 per cent in May with 295 deals announced for a total value of US$lO billion (Ssl7 billion), compared with April's 306 deals totalling US$7.l billion, according to Securities Data Co. But overall,Reuter - 296 words
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384 1991-06-03 5 Reuter FRANKFURT Hoechst AG may be eager to expand its pharmaceutical business through increased links with Upjohn Co, but most analysts doubt reports it would make a hostile bid for the US health care firm. Rumours that German chemical giant HoechstReuter - 384 words
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Article, Illustration415 1991-06-03 5 Reuter PITTSBURGH Paul Allaire, who was named chairman of Xerox Corp last week, said he is not planning any changes in the company's strategic direction or goals. Mr Allaire noted in an interview after addressing a conference here that he has been Xerox'sReuter - 415 words
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274 1991-06-03 5 Reuter LONDON Recession in all its major markets will slice glass-maker Pilkington pic's pre-tax profit for the year to March 31, 1991, to about half the amount for the previous year. Building share analysts expect the company to report pre-tax profit of betweenReuter - 274 words
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COMPANY BRIEFS
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115 1991-06-03 5 NEW YORK The Trump Organisation said Donald Trump has no intention of asking his father for financial assistance in meeting debt payments involving his Trump Castle casino in Atlantic City, New Jersey. The company termed false a story in Friday's Wall Street Journal115 words
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Article102 1991-06-03 5 PARIS French sugar and food oil group Beghin-Say said it expects to cut its net debt to 8.1 billion francs (552.4 billion) in 1991 from 8.5 billion last year, helping reduce its debt as a percentage of equity to 100 per cent. BeghinSay expects to102 words
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Article53 1991-06-03 5 NEW YORK Bausch Lomb Inc chairman Daniel Gill said he expects the company to maintain its current earnings growth pace of 15 per cent in 1991. Mr Gill said on Friday he also expects to increase the dividend at its current pace of about 953 words
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Article58 1991-06-03 5 HANOVER Preussag AG said it was in talks with Iran over cooperation in mining projects. A spokesman for Preussag said the Iranian Mines and Metals Minister Mohammad Hussein Mahloujchi had met with Preussag officials and discussed various projects. There were no concrete outcome of the58 words
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Article90 1991-06-03 5 TORONTO'— Denison Mines Ltd, the struggling energyresources company, may break even on an operating basis in 1991, president Bill James told reporters at the annual meeting on Thursday. He said Denison will probably post a net loss, including the payment of preferred shares, after90 words
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Article99 1991-06-03 5 BRUSSELS Belgium's largest holding company Societe Generate de Belgique SA said its board co-opted Karel Vinck, chief executive officer of Belgian steel wire and cord producer Bekaert NV, as a board member. Socgen, which has major shareholdings in mining, cement and steel, said in a statement99 words
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Page 5 Advertisements
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Advertisement52 1991-06-03 5 Mazda 929 mm Mhere is no such thing as easy money. But there are ■■■■HHHHHHHiiHI The For the full facts and the opportunity to test drive the remarkable 2184 cc Ma/d< 929 Premium, please contact Mazda Motor (Singapore! Pte Ltd 1 Kampong Ampat Singapore 1336 Tel 288 1787/280 4666 Fax52 words
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FINANCIAL NEWS
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SMALL CHANGE
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96 1991-06-03 6 DBS FINANCE and its subsidiary Great Pacific Finance have revised their interest rates on fixed deposits with effect from June 1. In a press release, the company said that interest rates on 12-month deposits of $20,000 have risen 0.0625 per cent to 5.12 per96 words
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Article86 1991-06-03 6 WASHINGTON The Resolution Trust .Corp (RTC) has taken Merabank Texas, based in El Paso, Texas, into receivership. Merabank, which was transferred to the RTC by the Office of Thrift Supervision (OTS), had approximately US$l.2 billion in assets and about $1.2 billion in liabilities, including $729.8 million in86 words
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Article69 1991-06-03 6 AACHEN, Germany Aachener und Muenchener Lebensversicherung AG, the life assurance unit of Aachener und Muenchener Versicherung AG said it expected good growth in 1991. The firm had 9.2 billion marks of new business in the first four months of 1991, or 115 per cent of69 words
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Article66 1991-06-03 6 HARARE Zimbabwe has launched an internationallybacked venture capital company to assist small businesses during the country's five-year economic reform programme. Senior officials from the Commonwealth Development Corporation and the International Finance Corporation, nine Zimbabwe commercial banks and the (central) Reserve Bank of Zimbabwe, representing the major66 words
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215 1991-06-03 6 AFP LONDON Jacques Attali, president of the European Bank for Reconstruction and Development, has invited Soviet President Mikhail Gorbachev to come to London for a bank meeting, preferably in July, the bank said. But a bank spokesman refused to be drawn on whether Mr AttaliAFP - 215 words
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397 1991-06-03 6 Reuter LONDON Banks that have guaranteed bonds worth at least £200 million to £300 million taken out by companies trading with Iraq are lobbying for legislation to ensure they would always have claims on clients, bankers said. Companies that traded with IraqReuter - 397 words
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509 1991-06-03 6 Reuter NEW YORK US corporations swamped the high-grade debt market with new issuance last week to take advantage of low interest rates, and some analysts expect offerings could total as much as US$l2 billion in June. On Thursday, almost $2 billion ofReuter - 509 words
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Article, Illustration100 1991-06-03 6 Reuter KARACHI The Islamic Chamber of Commerce, Industry and Commodity Exchange (ICCICE) plans to set up an Islamic Trust Fund to promote trade and industry in Islamic countries, an exchange official said. Agha M Ghouse, Assistant Secretary General, said: "The fund will promote trade andReuter - 100 words
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252 1991-06-03 6 Bernama KUALA LUMPUR Bank Industri Malaysia Berhad, together with Public Bank Berhad, will lend M 522.07 million to an Indonesian firm to finance the purchase of a cargo vessel from Malaysia Shipyard and Engineering Sdn Bhd. The loan is the firstBernama - 252 words
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375 1991-06-03 6 Reuter TOKYO Mitsui Taiyo Kobe Bank plans to slash assets by some two trillion yen before March 1993 to meet stiff new international capital adequacy requirements. Mitsui Taiyo, born of a merger between Mitsui Bank and Taiyo Kobe Bank lastReuter - 375 words
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Page 6 Advertisements
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Advertisement308 1991-06-03 6 HOTEL MERIDIEN Now, a meeting package in Phuket that even your accountant would approve of. Imagine holding your next meeting against the J backdrop of the Andaman Sea. Imagine taking time out \J from all the business talk to dive into our stunning pool. 2 Imagine a gentle round of308 words
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Advertisement132 1991-06-03 6 Centre lor Business Research Development Faculty of Business Administration National University of Singapore Special Seminar "International Marketing Strategy" by Professor C B Johnston Dean of Western Ontario Business School for 11 years with teaching experience in 17 countries. President of C B Johnston Ltd; Director of Canada Publishing Corporation; Founding132 words
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Page 6 Miscellaneous
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THE REGION
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Article525 1991-06-03 7 S N Vasuki - Upturn may be transitory: risk report By S N Vasuki SINGAPORE The economic situation of the Philippines has improved markedly though much of the upturn is based upon transitory factors, according to Hongkong-based Political Economic Risk Consultancy Ltd (PERC). In its latest risk report on the country,525 words
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Article, Illustration501 1991-06-03 7 Hawke-Keating leadership struggle Reuter SYDNEY It's been called the most devastating partnership in Australian politics populist, earthy Prime Minister Bob Hawke and hardnosed, economic reformist Treasurer Paul Keating. But the duo which won four elections, brought unprecedented union stability and shook the country fromReuter - 501 words
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301 1991-06-03 7 Reuter MANILA President Corazon Aquino has said a proposed ceiling on Philippine debt repayments would harm the country's credit standing and warned Congress she might veto any attempt to impose a debt cap. Mrs Aquino said in her regular Sunday radio talkReuter - 301 words
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NOTE BOOK
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120 1991-06-03 7 MANILA The Philippine Navy's acute lack of modern vessels is costing the government around US$2 billion (553.5 billion) worth of fish to poachers annually, the navy said on Saturday. Navy chief Rear Admiral Mariano Dumancas said their vessels were no match120 words
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Article139 1991-06-03 7 WELLINGTON New Zealand's Immigration Minister Bill Birch has defended the efficiency of the Immigration Services' (NZIS) Hongkong office but consultants handling applications have strongly criticised its performance. He flew to Hongkong at the weekend for talks about the service with NZIS officials and consultants. A statement139 words
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Article108 1991-06-03 7 HONGKONG Government officials will press for speedy repatriation of Vietnamese boat people not classed as refugees when talks on the future of thousands crammed into the colony's camps open in Washington today. A total of 5,100 Vietnamese boat people arrived in Hongkong month compared with108 words
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Article58 1991-06-03 7 APIA, Samoa Western Samoa will be forced to continue its heavy reliance on foreign aid in all spheres of development, Head of State Malietoa Tanumafili II said last Friday at the ceremonial opening of Parliament here. Major aidfunded projects now under way include road58 words
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Article98 1991-06-03 7 HANOI The French firm ELF-Antargaz has formed a joint venture with a Ho Chi Min City entity to produce butane, the Vietnamese News Agency (VNA) reported on Saturday. The Saigon Gas Co, formed with the city's Union of Building Materials Enterprises, was initially capitalised98 words
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Page 7 Advertisements
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Advertisement199 1991-06-03 7 n Success.., Calls For The Best Resources "We have diverse business interests in wholesaling and retailing of watches, in jewellery, a restaurant chain and in properties. So you can imagine the challenge that comes with managing our finances. This is where the American Express" Corporate Card helps us out. It's199 words
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THE WORLD 1
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320 1991-06-03 8 Bid to appease opposition to trade status renewal AFP BEIJING China has introduced its first copyright law to step up its protection of intellectual property rights, the Xinhua news agency reported. The law, passed by the National People's Congress last September, came intoAFP - 320 words
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180 1991-06-03 8 AFP BEIJING Chinese economists have warned that the country's economy is growing too fast, estimating the rate at nearly 8 per cent this year rather than the planned 4.5 per cent, the China Daily reported on Saturday. In a report, a team of economistsAFP - 180 words
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68 1991-06-03 8 AFP HONGKONG China's state-funded companies here have set up an association aimed at promoting investment and technology exchanges between Hongkong and China. The Hongkong Chinese Enterprises Associa- tion had been set up by longestablished Chinese state enterprises here including the Bank of ChinaAFP - 68 words
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Article, Illustration525 1991-06-03 8 AFP NEW DELHI The late Rajiv Gandhi's orphaned party has closed ranks after weathering a storm over who succeeds him, presenting a picture of unity ahead of a ballot it hopes to win on a wave of sympathy for its slain leader. ButAFP - 525 words
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Article, Illustration62 1991-06-03 8 BEIJING All is quiet in Tiananmen Square nearly two years after the Chinese government's crackdown on the pro-democracy movement there. A visitor is seen enjoying a nap yesterday near the square's Monument to the People's Heroes, an apparent vindication of the Beijing authorities' confidence that there62 words
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526 1991-06-03 9 Analysts see economic reports indicating summer recovery NYT WASHINGTON Posting a third straight advance, the US government's main economic forecasting gauge signalled Friday that the 10-month-old recession would soon be over. "The end is imminent," said Maury Harris, chief economist at PaineNYT - 526 words
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461 1991-06-03 9 AFP PARIS The Organization of Petroleum Exporting Countries (Opec) is going to have to choose between slightly increasing its oil output in the next few months, to meet higher demand, and the status quo to help push a price increase, saidAFP - 461 words
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Article, Illustration98 1991-06-03 9 Reuter NEW YORK US President George Bush joining in the celebrations at the West Point Military Academy's graduation celebrations last Saturday. In a speech earlier, he said a US- Soviet agreement to reduce conventional forces in Europe was an important step towards a summit soonReuter - 98 words
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333 1991-06-03 9 Reuter AMMAN Jordan, one of the few countries in the Middle East with no proven oil reserves, is trying to attract American exploration companies to drill in its uncharted desert. Kamal Jreisat, the director of Jordan's Natural Resources Authority, says his department hasReuter - 333 words
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364 1991-06-03 9 NYT TEHERAN In a move to attract Iranian investors and professionals, Iran has called on tens of thousands of expatriates to return home. The invitation was made in New York last month at a gathering of Iranian investors, bankers, and university professors whoNYT - 364 words
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WORLD WATCH
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108 1991-06-03 9 PARIS The outlook for economic recovery, world trade liberalisation and support for Eastern European countries and the Soviet Union in reforming crisis-ridden economies will be focal issues at the annual OECD ministerial meeting opening here today. Senior diplomats said the two-day108 words
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Article112 1991-06-03 9 TOKYO A Japanese government council will propose in mid-June the creation of a new ministerial post to speed up Japan's response to overseas crises like the Gulf War. Jiji Press said on Saturday that a report now prepared by the influential council would criticise Japan's112 words
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97 1991-06-03 9 PARIS France is ready to adhere to the 1968 nuclear non-proliferation treaty, Le Monde reported on Saturday. The influential French daily said this would be part of a world disarmament plan to be announced by President Francois Mitterrand today. Le Monde, which did not97 words
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Article107 1991-06-03 9 BEIRUT The United Nations has decided to reopen all the ofFices it operated in Lebanon before the start of the civil war in 1975. The UN announcement was made by Mohammed Abdallah Nour, an assistant to UN secretarygeneral Javier Perez de Cuellar. Since the107 words
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Article94 1991-06-03 9 REKYJAVIK A moratorium on commercial whaling was extended for another year by the International Whaling Commission which ended its annual meeting here late on Friday. Despite the ban, the commission showed sympathy for the Eskimos, retaining or slightly increasing the quotas of three traditional whale-hunting populations. The94 words
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Article61 1991-06-03 9 MEXICO CITY Mexico is increasing tariffs on four products and opening unfair-trade investigations into imports of pots and tubing from the United States. Mexico's Ministry of Trade said on Friday that duties will be increased on steel rods from the US and Venezuela, rolled steel plates from61 words
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Page 8 Advertisements
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Advertisement142 1991-06-03 8 Japanese Business Opportunities— I Get What You've Been Missing j Hp theNikko Weekly THE NIKKEI WEEKLY is coming out in June. The newspaper, successor to The Japan Economic Journal, will help you understand and compete with the Japanese. It's the only source on Japan you'll need. THE NIKKEI WEEKLY offers142 words
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Advertisement457 1991-06-03 8 Nat Steel Ltd Incorporated in the Republic of Singapore (1) STOCK SPLIT AND WARRANT SPLIT On 12 July 1991, each stock unit of $1.00 each of the Company ("Stock") will be subdivided into two new shares of $0.50 each ("New Shares") ("Stock Split") and each warrant entitling its holder to457 words
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Page 9 Advertisements
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Advertisement371 1991-06-03 9 National Conference On I Official Opening Keynote Address By I Y.B. Dato' Lee Kim Sai, Minister of Health I Co-sponsors: I Malaysian Pharmaceutical Trade Manufacturers Association I The Association of Private Hospitals of Malaysia I Medical And Health Services In Malaysia Present Issues Future Challenges. I Challenges Opportunities For Private371 words
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Advertisement188 1991-06-03 9 ADELAIDE, SOUTH AUSTRALIA PROPERTY INVESTMENT OPPORTUNTTIES Portfolio presentation in Singapore by visiting Australian Dirsctors David McArdls and Jamie Stuart, Broad sslection of properties from $130,000 $32,000,000 SOME EXAMPLES OF PROPERTIES Shopping Csntrs 111.6 million 14% Industriol 97.32 million 10.75% CBD Offies Building $9.0 million 11.0% Serviced Apartments From $129,800 7.0%188 words
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Article161 1991-06-03 10 Seminars and courses Duration Title Venue Organiser Tel June I 8 Leadership for POD (Pte) Ltd Personnel *****81 Motivation Organisation (Pte) Ltd June 10 Recruiting Marco Polo Dominion *****25 Foreign Labour- Singapore Conferences Rules Guidelines Publications Pte Ltd June 11- Marketing RiverView Asian Direct *****20 12 Strategies Hotel Marketing161 words
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ENTERPRISE & MANAGEMENT
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Article, Illustration1049 1991-06-03 10 Genevieve Cua - Holders of EDB-Glaxo scholarships are in an unusual position in that they are not bonded to work for that company. Genevieve Cua reports Genevieve Cua WHEN graduates of the EDB-Glaxo scholarship programme return from their studies in three to four years' time, they arc likely toPhoto by Arthur Lee - 1,049 words
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Page 10 Advertisements
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Advertisement223 1991-06-03 10 Management Consultancy Sl# I I I T r 1/ Seminars And Training fl| I I I I Business Assistance 11 I L L I L II Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing "Nobody ever said that doing business in Jakarta would be a bed of roses." "But they223 words
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ANALYSIS
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920 1991-06-03 11 Selwyn Parker - Controversial in its previous lifetime and maligned during its short death, Rogernomics the fiscal strategy of New Zealand's former Labour government lives on again with a new face under the ruling National Party. Selwyn Parker reports from Auckland. Selwyn Parker UNTIL New920 words
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Article, Illustration511 1991-06-03 11 JUST as the layman finally came to terms with megabytes (Mb) a measurement of the amount of data stored on a drive a new term has come on the scene. Gigabytes. A thousand megabytes of data, or511 words
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Article, Illustration1097 1991-06-03 11 Claire Leow - The local disk drive industry is grappling with the facts of life in the nineties as new market forces come into play. Claire Leow examines how it is coping Claire Leow THE LOCAL disk drive industry, about 10 years old and the world's largest exporterPhoto by Arthur Lee - 1,097 words
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Page 11 Advertisements
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Advertisement94 1991-06-03 11 FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in thearcasof information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, /~~jf y94 words
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Page 11 Miscellaneous
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SPORTS 1
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Article, Illustration323 1991-06-03 12 French Open AP PARIS The 16 women who have reached the French Open's fourth round embody the global nature of contemporary tennis 13 countries and six continents are represented. Americans make up the biggest national contingent, with three players, followed by Spain with two. South America isAP - 323 words
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Article231 1991-06-03 12 AFP PARIS World number one Stefan Edberg's smooth serve-and-volley tennis brushed aside Andrei Chesnokov of the Soviet Union and put the Swede into the last sixteen of the men's singles here on Saturday. Edberg, 25 and bidding for his first victory in the world's supreme clay-courtAFP - 231 words
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Article, Illustration289 1991-06-03 13 British Masters AP WOBURN, England Seve Ballesteros mastered the British Masters' course for the third day on Saturday, shooting a 68 to stretch his lead to seven strokes with one round to play. Ballesteros, who had struggled last year with only one tournament victory, continued his recently rediscoveredAP - 289 words
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269 1991-06-03 13 AFP BEIJING On a verdant green, Japanese are practising their drive and Chinese leaders are keeping a low profile. Beijing's international golf course remains, along with the eight others in the People's Republic, a closed club reserved for the elite. This pocketAFP - 269 words
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SIDE LINES
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101 1991-06-03 13 SINGAPORE Ten more Singapore golfers qualified late on Friday for the Volvo/Castrol Amateur Cup 1991 regional finals to be held in Thailand in August, bringing the total number of qualifiers to 20. They will be competing with golfers from four other Asian countries for a101 words
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Article78 1991-06-03 13 MILWAUKEE Rick Mears blew away the rest of the qualifiers on Saturday, taking the pole position for Sunday's Miller 200 with a record-smashing lap of 261.102 kph. Mears, who drove away last Sunday with his fourth Indianapolis 500 victory, buried his own two-year-old record of 258.763 kph78 words
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Article70 1991-06-03 13 SAN JOSE Mikhail Shchennikov of the Soviet Union fought off hot temperatures and a packed international field to win the men's 20-km walk on Saturday, starting a Soviet sweep of the lAAF World Cup of Race Walking. Shchennikov, 23, walked the course in 1 hour, 2070 words
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Article56 1991-06-03 13 ROCHESTER, New York Colleen Walker shot a three-un-der-par 69 to take a two-shot lead after three rounds of the Rochester International. Walker, looking for her first win of the year, scored four birdies on the back nine of the 6,162yard Locust Hill Country Club course as she improved56 words
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Article72 1991-06-03 13 PALM SPRINGS, California Meldrick Taylor won a split decision while Terry Norris powered his way to a knockout victory as the champions retained their respective world titles on Saturday. Taylor successfully defended his World Boxing Association welterweight crown in his first defence by taking a split decision72 words
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602 1991-06-03 13 AFP POTOMAC, Maryland Sixty-four was the magic number at the Kemper Open on Saturday as the top four players all posted that score and tried to run away from the field in the third round. "The course was there to be had,AFP - 602 words
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Article169 1991-06-03 13 AP NEW YORK Charles Coody and Don Bies each shot course-record 8-under-par 62s on Saturday as Coody took a one-stroke lead with one round to play in the NYNEX Commemorative at the Sleepy Hollow Country Club. The 53-year-old Coody, a two-time winner on theAP - 169 words
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Page 12 Advertisements
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Advertisement31 1991-06-03 12 SIffSAPORE ■ifrft ini iliifii H OA# SALE ,M i' i" I" m »H k t L L Im »JI|MPG York Cool The Air Without Making It A Hot Environmental H Issue.31 words
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Page 13 Advertisements
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Advertisement96 1991-06-03 13 i J We Cover The Region. Every one of our 11 offices, located in 7 Asian countries, is staffed by a team of property professionals who provide specialist local knowledge and access to region-wide expertise I u44_> lex 1$ and resources. Contact your local Jones Lang Wootton office and ICO96 words
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Page 14 Advertisements
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Advertisement917 1991-06-03 14 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisinc. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner:6.3op.m. to 10.30 p.m. A MKMRKR OK CI >1. HOTELS IH Mil •MNC iAW M\ lavelock Road,917 words
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Advertisement72 1991-06-03 14 JSBL l( iiinaKMNl y<*tvuHe£^ /a/ce your p/dc from our gala buffet of varied cuisines Discover a world of local favourites. Chinese specialities. Western fare and International flavours. Plus zesty desserts and coffee or tea. And more importantly, it is not going to cost you the earth, just $17** for lunch72 words
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Page 14 Miscellaneous
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Miscellaneous583 1991-06-03 14 TELEVISION AMP RADIO Cnirp fUp nlonpf 8J SSrSTi business ON radios kJCIV V Lllv Uldllvl 7.80 AM CNN Maraatlaaal (L>. UJ» Fleetwood Mac MenduingD.kakiUng.KPt BBC, 89.9 mHI in VHF Band N —STJbmi v (See ur Cho,cc) 9-30 Dimensi. 5.30pm, 3.25 am: Financial News ■iVrrrmTTTTTSHi J.* MCNNIutoruatlOMML). 12.20 AM Clom. 10.00583 words
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THE ARTS
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Article, Illustration889 1991-06-03 15 John Rockwell - Are the great tenors of today mere pygmies compared with the giants of the past? John Rockwell sets the record straight John Rockwell NYT Any time a critic ventures to write about the human voice, his timid little breast-strokes into this murky sea areNYT - 889 words
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Article, Illustration489 1991-06-03 15 AFP Australia's leading music critics last Wednesday gave Luciano Pavarotti, generally considered the world's greatest tenor, the thumbs down after they were charged AS 150 (S$ 195) a ticket to review his concert. One even suggested he bellows and rated him second best in aAFP - 489 words
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561 1991-06-03 15 An 81-year-old retiree believes that his efforts to make a cheap, top-quality instrument will soon be realised AP HAROLD Stephens lost his violin when he was 16, and in a way he's never stopped looking for it. At 81, the retired motor company executiveAP - 561 words
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Page 15 Advertisements
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Advertisement237 1991-06-03 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, 12 NOON T 2.30PM. $31.00 V PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing237 words
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Advertisement105 1991-06-03 15 SUMMER SEDUCTIONS Cool and cold culinary temptations to seduce your summer palate including Cold Crab "Teochew" Style, Fresh Asparagus on Ice, China China Drunken Chicken, Rainbow Cold Dish Combination and many more. Prices from $B.oo+ .♦it. CHINA CHINA RESTAURANT MARINA BAY GOLF AND COUNTRY CLUB 6 MARINA GREEN, SINGAPORE 0101.105 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration5378 1991-06-03 16 Quak Hiang Whai - By Quak Hiang Whai SHARE PRICES on the Singapore stock market finished slightly higher in moderate trading last week. The Straits Times Industrials Index rose 6.58 points to end the week at 1,554.18, only four points short of this year's high5,378 words
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Article4195 1991-06-03 17 Main Board DBS Foreign 1370 +70 4-5.4% NatSteel 1120 4-40 4-3.7% UOB Foreign 750 40 4-5.6% Jurong Ship 50* 945 30 3.3% C&C 580 4-30 f 5.5% Keppel C Wrts 545 +25 +4.8% UOB Wt 358 +22 +6.5% Hong Fok 290 4-21 +7.8% OCBC Foreign4,195 words
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MARKET REVIEWS
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Article, Illustration754 1991-06-03 18 End of recession may not be in sight yet, warn analysts 'NEW YORK FT CYCLICALS find favour among the optimists. The word went out on Wall Street last week: the smart money is in cyclicals. Convinced that a bounce back from recession is just aroundFT - 754 words
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493 1991-06-03 18 Firm Wall Street sparks turnaround TOKYO AFP SHARE PRICES posted a substantial rise on the Tokyo Stock Exchange last week, helped by the stable yendollar exchange rate and firm prices on Wall Street. The Nikkei Stock Average of 225 selected issues closedAFP - 493 words
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ASIAN MARKETS ROUNDUP
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Article122 1991-06-03 18 A LACK of offshore interest pushed down Australian stocks during the week, brokers said. The market indicator, the All Ordinaries Index, slipped 26.8 points to 1510.0. The All Industrials Index lost 34.2 points to 2367.5 and the All Resources Index shed 20.4 points to 857.6. Daily turnover averaged A122 words
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Article213 1991-06-03 18 PRICES and turnover sagged last week on the South Korean stock market and experts held out little hope of an early recovery as the government tights inflation. The broad-based Composite Stock Price Index, which opened on Monday at 617.30, fell to 611.35 on Friday, its lowest point of the213 words
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Article334 1991-06-03 18 SHARE PRICES on the Taiwan Stock Exchange received a setback last week in extremely thin trading as most investors were haunted by the government's stepped-up efforts to crack down on tax evasion, analysts said. Wiping out the previous week's 1.2 per cent gain, the 228-issue weighted price index sagged334 words
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Article104 1991-06-03 18 THE Securities Exchange of Thailand (SET) index declined a further 4.35 points last week, closing on Friday at 808.19 points. The stock market fell throughout the week except on Friday when it rose by 5.31 points. Average daily turnover by volume last week was 18,892,029 shares, a fall from104 words
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Article148 1991-06-03 18 PHILIPPINE stock markets slumped last week despite reports that more new firms would be going public soon, bourse spokesmen said. At the Manila Stock Exchange, the Composite Index closed at 1,173.59 points on Friday, down 20.72 points or 1.76 per cent from the 1,194.31 points posted on May 24148 words
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Article130 1991-06-03 18 MOST share prices on the Jakarta Stock Exchange (JSE) dropped again last week in thin trading as investors took a wait-and-see attitude to the upturn in other Asian markets. The JSE has tended to re- act slowly to changes in other Asian markets and most investors were holding on130 words
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Article339 1991-06-03 18 THE political uncertainty following former premier Rajiv Gandhi's assassination appears to have had little effect on India's stock market, with prices continuing to hold out strongly. The Bombay Stock Exchange (BSE) sensitivity index moved down by a marginal 7.6 points last week to close at 1307.3 points, and the339 words
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208 1991-06-03 18 HONGKONG AFP SHARE PRICES rose slightly in volatile trading last week, with the Hang Seng Index gaining a mere 3.03 points or 0.08 per cent during the week to close on Friday at 3,707.01. Average daily turnover also fell to HKSI.3 billion from theAFP - 208 words
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858 1991-06-03 18 Ray Heath - By Ray Heath SCENE: The breakfast room of a rambling, black-gabled house in one of the leafier parts of the stockbroker belt outside London. Drawn up in front of the house, at the end of the long, chestnutlined drive is a Rolls Royce.858 words
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Page 18 Advertisements
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Advertisement105 1991-06-03 18 ScalpeLscissors_sutures_ Business Times Whether you're a surgeon. Lawyer, contractor or engineer. all the current trends that affect them. kePt informed ,0 maXlmlSP retU 00 Essential Information acceaible every bu4ne» day through Business Times. In the same way a surgeon needs his tools to r~. he needs Business Time, to help105 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4456 1991-06-03 19 KLSE Composite Index at all-time high of 635.02 Bernama AFTER continuing the rally of the previous week, investors took a pause from midweek to lead share prices to a mixed close last week. The KLSE Composite Index added 3.73 points over theBernama - 4,456 words
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Page 19 Advertisements
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Advertisement47 1991-06-03 19 53,369 HER WORLD SCALES NEW HEIGHTS It sold an all-time high of 53, 369 copies in April. This figure has been officially checked and audited. That's streets ahead of the competition. Published by Times Periodicals, a member of Singapore Press Holdings Tel: 255 0011 H 0 047 words
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WORLD STOCK MARKETS
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Signs of recovery push Dow to record high
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Article, Illustration1333 1991-06-03 20 PROPELLED by solid signs of a reviving economy, New York stocks rose strongly on Friday, with the Dow Jones Industrial Average sprinting past the record it set six weeks ago. The Dow Jones Industrial Average, which hit its previous high of 3,004.46 on April 17, closed at 3,027.50,1,333 words
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Article, Illustration795 1991-06-03 20 LONDON shares ended higher on Friday, but traders said volume was very low. The four-day trading week, with Monday closed for a bank holiday, coincided with school holidays, resulting in the absence of many investors, traders said. The Footsie 100-Share index ended 8.3 points, or 0.3 per cent, higher795 words
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Article360 1991-06-03 20 DUTCH shares ended firmer on Friday after an essentially Wall Street driven session, but were off their day's highs in moderate turnover. Shares in Amsterdam rose on Thursday's higher close in New York, but gave up some of their gains after the US bourse showed lack of clear direction360 words
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Article249 1991-06-03 20 IN PARIS, the blue chip CAC-40 Index ended on Friday at its highest closing level this year in lively trade, stimulated by a buoyant Wall Street and French bond prices, and Friday's expiry of May index futures and options contracts. The index finished 24.69 points or 1.34 per cent249 words
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Article219 1991-06-03 20 ITALIAN share prices rose nearly one per cent to reach a new high for the year on Friday, with banks leading the advance although the buying spread through most sectors, brokers said. Thursday's surge on Wall Street, gave an additional boost to the Italian market as it did other219 words
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Article310 1991-06-03 20 SWISS shares closed more than one per cent higher on Friday after a very active second half of the session which saw buying from home and abroad, dealers said. They said buying intensified after the release of US economic indicators. These further improved sentiment which was already positive on310 words
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Article282 1991-06-03 20 STRONG OVERNIGHT advances on Wall Street and falling Swedish interest rates helped the Stockholm bourse end broadly firmer in busy trade on Friday. The bourse general index climbed 0.35 per cent to 1,097.45 in turnover of 592 million crowns. Blue chips shares rose 0.66 per cent. Dealers said a282 words
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Article302 1991-06-03 20 CYCLICAL shares led Toronto stocks sharply higher in late trade on Friday to a close at the day's peak, boosted by an afternoon surge on Wall Street over the all-time closing high, dealers said. Many investors rotated out of interest-sensi-tive shares into cyclicals, they added. Paper and forest products302 words
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Article561 1991-06-03 20 May 31 Close PrtviotB NEW YORK Dow Jones 3,027.50 3.000 45 27.05 NYSE Financial 156.64 155.54 +1.10 SAP 500 389.83 386.96 2.87 Turnover (million) 232.1 234.4 -2.3 LONDON Financial Times 30 1,957.2 1,948.5 +8.7 FTSE 100 2,499.5 2.491.2 +8.3 Turnover (million) 469.1 430.8 +38.3 AMSTERDAM CBS Tendency Index 95.6 95.1561 words
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Page 20 Advertisements
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Advertisement50 1991-06-03 20 The Johannesburg market was closed on Friday for Republic Day The Frankfurt report was not available For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839. 740-1840. On target, chartpoint in BT on Saturday50 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article429 1991-06-03 21 NEW YORK THE US DOLLAR rode the wave of an expected rebound in the US economy on Friday, ending almost two pfennigs higher and poised for possible further gains. A trio of fresh data, including April leading indicators and factory orders and the May429 words
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765 1991-06-03 21 ASIAN CURRENCIES AFP ASIAN currencies showed an upward trend against the US dollar with more gainers than losers. The Australian. Taiwan, Singapore, Hongkong and New Zealand dollars were all up on the greenback as were the South Korean won and the Philippine peso. Losers includedAFP - 765 words
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Article366 1991-06-03 21 Cross rates Jul) 1 USS SS MS Dm Yen SFr AS NZS USS 1.7680 2.7620 1.7420 138.45 0.5893 1.4854 1.3151 1.7182 SS 0.5656 1.5622 0.9853 0.7831 0.3333 0.8402 0.7438 0.9718 MS 0.3621 64.01 0 6307 0.5013 0.2134 0.5378 0.4761 0.6221 Dm 0.5741 1.0149 1.5855 79.48 0.3383 0.8527366 words
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Article551 1991-06-03 21 Interbank rates s$ Bid Offer Overnight 5 1/2 5 5/8 1-month 5 3/8 5 1/2 2-month 5 1/2 5 5/8 3-month 5 5/8 5 3/4 Overnight mode: 5-1/16 LS$ _L^ W 7 days 5 7/8 5 7/8 I 1 month 5 15/16 5 7/8 j 2 months 5551 words
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443 1991-06-03 21 FT WARSAW Poland is planning to introduce a "heavy zloty" worth a thousand times the nominal value of the present currency to accompany the government's fight against inflation. The new banknotes have been printed in Germany but are being stored in a bank vaultFT - 443 words
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239 1991-06-03 21 Reuter BRUSSELS EC finance ministers are likely to decide in July to ask member states to submit a binding plan of how they propose to get ready economically for monetary union, EC Economy Commissioner Henning Christophersen said. "(Members) must submit to theReuter - 239 words
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245 1991-06-03 21 Reuter TOKYO Recent dull trading in the Japanese government bond (JGB) market left some drowsy traders sleeping past the expiry date of their June JGB futures options contracts, bond dealers said. An unusually high 616 contracts of put options on JGB futures on theReuter - 245 words
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434 1991-06-03 21 GOLD FINANCIAL FUTURES REPORT SPOT GOLD last Tuesday leaped from the week's low of U*****.50/$355.00 to the week's high of $364.30/ 5364.80 within a few minutes of the release of two separate reports which showed world record demand for gold jewellery in 1990 and even434 words
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Article262 1991-06-03 21 IMM M^rJi DCUTSCHCMARK Open High Low Sett Vol Op/lnt 0.5787 0.5797 0.5730 0.5732 37,720 79,519 Sep 91 0.5743 0.5752 0.5685 0 5689 EUWOOOU-AW Open High Low Sett Vol Op/lnt j un 91 93.95 93.95 93.90 9191 113,832 880,309 Sep 91 93.76 93.77 93.62 93.65 IAPAHESE YEW Open High262 words
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Article499 1991-06-03 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 Arab Bank PLC 7Wi ANZ Banking Group 8 Ban Hin Lee Bank 7V« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7V« Bank Bumiputra 8499 words
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COMMODITIES
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Article, Illustration199 1991-06-03 22 Reuter OTTAWA Canadian port officials say grain sales to the Soviet Union and elsewhere have increased exports through their ports in the first few months of this year. Grain exports have rebounded in the major ports of Vancouver, Thunder Bay and PrinceReuter - 199 words
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312 1991-06-03 22 Reuter WASHINGTON A commodity exchange trader in a settlement with the Commodity Futures Trading Commission stemming from its ongoing probe of New York exchanges was permanently barred from floor trading, while another Comex trader was barred for four months, theReuter - 312 words
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867 1991-06-03 22 REPORTS AFP NISSAN Motors' announcement that it had created a catalytic convertor using palladium sent platinum and rhodium prices tumbling in the past week on London's commodity markets. Although platinum reduced its losses, the market remained cautious. On the London Metal Exchange (LME). copperAFP - 867 words
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Article1176 1991-06-03 22 Rubber MS (fob in bales) S cents/kg Int 1 RSS Close May 27 145.50 May 28 145.75 May 29 May 30 145.00 May 31 145.00 MRCLB (fob in bales) M cents/kg Int 1 RSS Close May 27 229.00 May 28 229 00 Mav 29 May 30 229.00 May 311,176 words
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Page 22 Advertisements
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Advertisement1251 1991-06-03 22 BUSINESS TIMES TELEPHONE: 730-5771/5772/577} FAX: 734-4982 LOST CERTIFICATES The following certificate* have been reported lost. mislaid or destroyed: No of Stock/ Nan* of Company Oft No* InftoNanwof No of Shaft HoW Marco Polo LimM A *****21 TsoßsngYw 1 x 1.000 A *****22 GoraWrw, M*s 1« 250 Malayan Crodt Uimtod A1,251 words
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Advertisement51 1991-06-03 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery51 words
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Advertisement11 1991-06-03 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article931 1991-06-03 23 Ctty Flight ETA Flight ETD MtlMt SQ228 > 905 SQ227 2200 Amsterdam SQ23 0700 KL842 2035 KL841 1055 Athaoa SQ25 0735 SQ36 2200 BaatfarSarl BI421 1105 SQ182 0915 •ogawaa SQI81 1410 BI422 1205 BI429 2030 BI430 2125 Bangkok QF062 1130 RA408 0825 SQ69 1145 TG402 0830931 words
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THE TRAVEL PAGE
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Article, Illustration644 1991-06-03 23 Denis Gray - LETTER FROM BANGKOK By Denis Gray The stench of death is rising from the mighty River of Kings, which nourishes one of the world's richest rice bowls and flows past glittering vestiges of old kingdoms. Scientists say the Chao Phraya, the river's name in Thai,644 words
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Article150 1991-06-03 23 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.335 1.3SS Canadian dollar 1.530 1.550 NZ dollar 1.020 1.055 Sterling pound 3.015 3.035 US dollar 1.7600 1.7700 Local dollars to 100 units of foreign cwrency Austrian schilling 14.40 15.40150 words
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Article78 1991-06-03 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Medical International June 5-7 Speciahzed for Graz. Grazer Messe ********** Instrument Exhibition High-Tech* Austna lnternat.onal Equipment Centre Innovation Exhibition June 2nd International Centre Instituto (541)*****40 June 7-10 International Milano E.A Fiera *****971 5-11 Exhibition On Municipal de78 words
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Page 23 Advertisements
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Advertisement43 1991-06-03 23 Bud, youH be a lot wiser when you learn about Fmnairs New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.43 words
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Advertisement56 1991-06-03 23 tiii- SEMI-PRO I FIE LEAGUE '91 THRILLS IN TRENGGANU SGulam Trengganu v Singapore aS Gulam, our man In Kuala Trengganu, gives you a first-hand account 4HU.J f of the action, the aces and aftermath Follow The New Paper For the latest in Malaysia Cup news The latest news and much56 words
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Page 23 Miscellaneous
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Miscellaneous331 1991-06-03 23 8 Motoring enthusiast must have a screw loose if it I I 1 j i 1 i 1 comes off (5,3) |H iHf 9 A French and Spanish coin which cannot be gen- Ri I jHT^j uine (6) The horses have but the riders have fallen 11 Conclude negotiations in331 words
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Miscellaneous217 1991-06-03 23 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 32.0 Assoc humidity 69% Minimum temperature 25.4* C Assoc humidity 99% Hours of sunshine 7.60 Rainfall in mm 4.4 Rainfall this month 248.7 Rainy days this month 20 World report Asia-Pacific Hi/Lo* Cond. Auckland217 words
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Miscellaneous30 1991-06-03 23 ESS3S2SESI A PLEASE.?) DOUHRiGMT U^ E COU£c? O R J STUCK »H TONNE.L FDR V IweMTV rniNjuTes vorrwouT J a uxdc6 or e*planpnTiom O EVENING STANOAHO CO. LTD.. IM3-IMI 943930 words
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428 1991-06-03 24 Sihanouk to head Supreme National Council Agencies JAKARTA Leaders of Cambodia's warring factions opened a new round of peace talks yesterday but neither they nor diplomats held out much hope for significant progress towards ending the impoverished country's civil war. Following a luncheon meetingAgencies - 428 words
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Article, Illustration530 1991-06-03 24 Sharon Lau - EC-Asean Ministerial Meeting From Sharon Lau in LUXEMBOURG ASEAN countries which have experienced strong economic growth in recent years are seeking a more equal relationship with the European Community (EC), a change from the current donor-recip-ient one, diplomats said at the end of530 words
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Article, Illustration611 1991-06-03 24 Yang Razali Kassim - Education one of several issues discussed during community visit By Yang Razali Kassim THE SINGAPORE government may start an open university and encourage distance learning to accommodate the growing demand for more educational opportunities, Prime Minister Goh Chok Tong said yesterday. This was one611 words
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227 1991-06-03 24 Reuter HONGKONG Thousands of Hongkong Chinese, most of them youngsters, staged a protest march and rally through the British colony yesterday to mark the second anniversary of China's brutal suppression of democracy in Tiananmen Square. The crowd, estimated by police at 7,000Reuter - 227 words
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344 1991-06-03 24 AFP BANGKOK A dispute over Thailand's largest ever infrastructure project is threatening to turn into the country's first full-blown political crisis since the February military coup. The feud, involving a telephone project worth US$6 billion (5510.6 billion), pits Communications Minister NukulAFP - 344 words
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Page 24 Advertisements
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Advertisement50 1991-06-03 24 PiageT jOAiumENiKmxum: im/is m y v j Sole Agent Shriro (Singapore) Pte Ltd Authorised Dealers 8 A Americaya Branches Daimaru Singapore Euro Shoe Shop v'V- ."y» and Branches Melwani S Branches Nan Hen Leather 'm JM, i ,-v- Salamander Shoe Shop (Marina Square) Isetan and Branches V. v .x,- v-50 words
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Advertisement10 1991-06-03 24 CP Croup likely to reject new deal, I'g 4 j10 words
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Advertisement116 1991-06-03 24 PiageT /i mum Mimurww. imns m genSve In Beijing: Quiet run-up to anniversary, Pg 8 Him Dauphin Sitzkultur Your backbone is where you feeu YOUR COMPANY'S ATTITUDES. m We want to inspire people with chairs which display corporate identity: The superb, clean of the design of Dauphin chairs integrate elegantly116 words
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Shipping Times
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Article, Illustration405 1991-06-03 25 Selva Kumar - By Selva Kumar LOCAL shipbuilder Hong Lam Marine and Singaporebased Asian Eternal Shipping Pte Ltd are geared up to be major players in PertaminaIndonesia's fleet renewal exercise. Last Friday, Hong Lam delivered the Asian Oil I to Asian Eternal. Built at a cost405 words
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336 1991-06-03 25 AP WASHINGTON Three major health groups urged the US government last week to work with international aviation authorities to ban smoking on airline flights worldwide. "An international smokefree policy makes perfect sense for the world's airlines who are finding it bothAP - 336 words
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235 1991-06-03 25 Reuter COLOMBO Sri Lanka's state-owned national airline is in profit for the first time in its troubled 12-year history because of increased tourism and spending cuts. "We are very comfortable now and have a solid cashflow of one billion rupees (US$44 million) atReuter - 235 words
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Article191 1991-06-03 25 PASSENGER capacity on Emirates' flight from here to Colombo and Dubai will be expanded when the UAE national airline replaces its current 181-seat aircraft with a 223-seater in July. Emirates, the international airline of the United Arab Emirates, will be trading its Airbus A3lO-300 for a191 words
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486 1991-06-03 25 AFP DUBAI A joint Arab shipping venture owned by Iraq and five other Gulf states expects record profits in 1991 and is considering buying new vessels. But officials from the United Arab Shipping Company (UASC) said the freezing of Iraq's shareholding,AFP - 486 words
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345 1991-06-03 25 Magdalene Phang - By Magdalene Phang JAPANESE NVOCC operator Shinyei Shipping has joined the local freight forwarding scene by setting up offices in Singapore and West Malaysia. By early March, Shinyei offices have sprung up in Singapore, Port Klang, Penang, Malacca and Johor Baru. The Japanese345 words
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Article293 1991-06-03 25 UPI NEW YORK Japan Airlines, citing the negative impact of the Gulf War, reported lower profits for fiscal 1990 last week. Profits for the year ended March 31, 1991, fell to U*****.68 million (Ss2Bl million), a 3.3 per cent drop from 1989's $165.2 million. RevenuesUPI - 293 words
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NEWS SUMMARY
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Article37 1991-06-03 25 SHIPYARDS, long the prey of shipowners, have now turned predator. The disclosure that Germany's Bremer Vulkan controls almost half of compatriot shipping company Senator Line has turned the tables on shipowners Page 237 words
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41 1991-06-03 25 OFFICIALS from Norway and Alaska said they are completing studies of an Arctic Ocean transport route connecting North America, Europe and the Far East that could make the Suez and Panama canals obsolete Back Page41 words
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50 1991-06-03 25 THERE IS no longer any justification for subsidies to the European Airbus consortium and a planned US complaint to Gatt seeks to resolve the issue once and for all, a senior official of rival US plane maker Boeing has said Back Page50 words
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42 1991-06-03 25 EASTERN Europe is rapidly emerging as a major market for South Korean cars as local car makers intensify their pitches in the region to overcome sluggish sales in the US, industry officials said Back Page42 words
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37 1991-06-03 25 ALMOST six years after an Air India jet from Toronto exploded and crashed into the Atlantic Ocean killing all on board, the air carrier resumed flights to Canada on Saturday BackPage37 words
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LOG BOOK
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92 1991-06-03 26 KARACHI About 6,000 dock workers in Karachi called off an 11-day-old strike on Saturday after winning a 20 per cent wage rise. "The work will start from Sunday," Communications Minister Ghulam Murtaza Jatoi said. Union leader Khan Madin Khan told reporters the backlog of92 words
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Article62 1991-06-03 26 RIO DE JANEIRO The union of port workers at Rio de Janeiro, Brazil's second-largest port, and several other ports called for an indefinite strike which began on Saturday. Rio port workers' union adviser Hamber Carvalho said the strike was confirmed at Rio's port as well as62 words
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Article34 1991-06-03 26 CARACAS A consortium including the US Bell South telephone company on Saturday paid Venezuela US$lOO million (Ssl76 million) to run a segment of the country's state-owned telephone giant, company officials said.34 words
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Article48 1991-06-03 26 MADRID King Juan Carlos has announced plans to sell his luxury brand new yacht, built at a cost of US$l2 million (Ss2l million), in order to renovate his palace in time for a series of international events which Spain will host next year.48 words
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Article61 1991-06-03 26 DHAKA A cyclone brewing in the Bay of Bengal threatened to hit Bangladesh yesterday and cause even more damage than the April storm which devastated the country. Mokammel Huq, the chief relief coordinator in Chittagong, said the cyclone was moving towards Khulna, the country's second sea61 words
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Article34 1991-06-03 26 HELSINKI Finland's state-controlled airline Finnair Oy has been granted the right to fly from Helsinki to Tokyo over Siberia, cutting three hours off the journey, the Foreign Ministry said.34 words
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Article40 1991-06-03 26 CHITTAGONG A British helicopter ferrying relief to cyclone survivors lost power on take-off and rolled into the sea on Saturday but all five people aboard were rescued, the commander of the US military task force said.40 words
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Article, Illustration861 1991-06-03 26 Tony Gray - Shipyards, once the prey of shipowners, are now going on the offensive. Tony Gray reports Tony Gray Lloyd's List Shipyards, long the prey of shipowners, have now turned predator. The disclosure that Germany's Bremer Vulkan controls almost half of compatriot shipping company Senator Line hasLloyd's List - 861 words
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Article819 1991-06-03 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. x Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change819 words
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Article1358 1991-06-03 26 DRY CARGO chartering was brisk with no let up in sight although only a few key fixtures were confirmed on Thursday, brokers said. A flood of chartering of panamax tonnage, particularly from the Far East, tightened nearby supply and boosted rates, they said. The Baltic Freight Index rose1,358 words
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Article11761 1991-06-03 34 1 his 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 a11,761 words
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SHIPS IN PORT
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Article568 1991-06-03 41 »wmI «oy Ha Berth Arm* Departure vetsd (toy No Berth Armd Departs* lUppd Wtarws Jurong Port Ametad 45A K34 along** 0506/0600 Gulden Falcon 56 J5 akx*side 01 06/2300 Frotasantos 5WB *32 alongside 04 06/0600 Pulau Kalimantan 08/91 J3 aloi*side 01 06/2300 tsta Florean 2208E C10 alongside 0506/2300568 words
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Article988 1991-06-03 41 RECgVgC OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booki*/Balance Rslts Sty Voy No Etb/Btr Period From To From to Concofd 21W 05/0*00 4 03/1200 03/1459 03/1700 ACX Lily 1 IB 04/0100 1 02/1500 02/1659 02/1900 2 02/1700 03/0659 03/0900 OCX Lotus 13A 05/1500 4 03/1200 03/1459 03/1700988 words
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Article265 1991-06-03 41 PWX Nrt Barlh n Buttvworth an Miy 31: 1: Tai Bao; 2: Yu Yi I, Deng Yun, Pathein; 3: Sri Arfca, Malayan Success, Builder I; 4: ml; 5: Eagle Breeze; 6: Sea Glory. Penang Whert: NB: ntl; CB: ml; SB: ml. BCT: 81: Mirna; BH: World Aretus;265 words
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391 1991-06-03 42 Test shipment to be completed this summer j Reuter ANCHORAGE Officials from Norway and Alaska said on Friday that they are completing studies of an Arctic Ocean transport route connecting North America, Europe and the Far East that could make the SuezReuter - 391 words
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Article, Illustration501 1991-06-03 42 AFP PARIS There is no longer any justification for subsidies to the European Airbus consortium and a planned US complaint to Gatt seeks to resolve the issue once and for all, a senior official of rival US plane maker Boeing has said.AFP - 501 words
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265 1991-06-03 42 AP SEOUL Eastern Europe is rapidly emerging as a major market for South Korean cars as local car makers intensify their pitches in the region to overcome sluggish sales in the US, industry officials said on Friday. Korea in the firstAP - 265 words
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258 1991-06-03 42 NYT TOKYO The Odakyu Electric Railway Co is putting off a decision on whether to use its new seatless rail cars until it can find out whether its passengers will stand for the change. Officials of the long-distance line say they fear a negativeNYT - 258 words
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182 1991-06-03 42 UPI TORONTO Almost six years after an Air India jet from Toronto exploded and crashed into the Atlantic Ocean killing all on board, the air carrier resumed flights to Canada on Saturday. Ashok Vaish, a senior vice-president and regional director for Air India inUPI - 182 words
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Page 25 Advertisements
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Advertisement88 1991-06-03 25 W ECS MARINE AUTOFAX lipr SERVICES INCLUDES il|r 1. CREDIT REPORTS IB! OT 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for lljl FREE Demostratton Package i«p FREIGHTING AROUND THE H WORLD IS SO 1 EASY WITH CARGOFLO m International Freight Forwarder. N.V.O.C.C. Consolidator. Specialist88 words
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Advertisement28 1991-06-03 25 Coctatt Report 2 Container Schedule 17 My Frwghts 2 index to Advertiser* 3 Slapping Gurfe 10.11 Slips w Port 17 Support Tries 17 Weather and Saa Condfcom li28 words
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Page 26 Advertisements
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Advertisement77 1991-06-03 26 NOTICE t PT. PERUSAHAAN PELAYARAN USldamar segara agung lines We are pleased to announce the commencement of our container feeder service between Jakarta and Singapore in June 1991. This service will initially offer a weekly fixed day sailing, arriving and sailing from Singapore every Wednesday. The first call of our77 words
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Page 27 Advertisements
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Advertisement2407 1991-06-03 27 SMIWM C agencies «||ff n i?" m Ro a #12-05 South point. Sinppori 0208 Cliffy T(i *****11 TELEX NO RS ***** IgTWf TERMINAL/CFS Td *****18 220 W> BOOKINGS T.I *****34 258 BHH k KSAKA JAROINE SNIPPING AGENCIES HORT KELANG TEL: *****18 TELEX NO MA*****/MA***** SSSS PENANC TEL *****4 TELEX NO2,407 words
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Advertisement1140 1991-06-03 27 INDEX TOWjVffITOERS Col Page Col I*l M ABC Containerline 12 1 M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nds Agencies 14 1/2 AFS 15 2 Macoline 18 3 Ahrenkiel Liner 16 4 Madju Sdn Bhd 15 1/2 Allied-Link 16 4/5 «MaerskLine 3 4/5 Anglo Orient 16 /2 Mc1,140 words
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Advertisement2164 1991-06-03 27 imimwa TWO SAILIN6S PER WEEK TO NORTH ASIA SINGAPORE/HONG KON6 4 DAYS ETD WEEKLY TUESDAY ANO WEDNESOAY SINGAPORE/KORE 7 DAYS VMM) Voy ETA ETO 'Port 'Pwiang SlnW o,. Kalang DESTINATIONS Thrt wMk Marcnan MMrak 9108 FiMr By HCQE cv 4/6 0600 MRS M Pinto CFS M 23M MRS OAK LOB2,164 words
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Page 28 Advertisements
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Advertisement1224 1991-06-03 28 ROTTEDAM/1 gST y VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ELBE 05/122 6'6 27/6 25/6 24/6 LEVERKUSEN EXPRESS 01/322 9/6 26/6 28/6 1/7 2/7 ißjUMld} LONDON EXPRESS 02/123 14/6 6/7 5/7 3/7 t ALL WCSTMUNO P KITANO 08/323 16/6 7/7 5/7 4/7 S/7 KELANC ft KNANC CARGO HAMBURG1,224 words
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Advertisement700 1991-06-03 28 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2208E In Pt 14/6 16/6 22/6 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX SAI (PERU) IS LA FLOREANA 2208E In Pt 5/7 6/7 9/7 9/7 10/7700 words
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Advertisement1525 1991-06-03 28 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT Ftt UM (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SINGA 9113 3 08/06 ZI/OC 29/06 02/07 03/07 04/07 05/07 06/07 07/08 NORASIA AL-MUNTA2AH 9114-3 14/06 04/07 03/07 07/07 0«/07 09/07 10/07 11/07 12/07 NORASIA1,525 words
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Page 29 Advertisements
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Advertisement2098 1991-06-03 29 —jSteomers Maritime Holdings Ltd ww p&o r ■nV STRAITS SHIPPING I ■Hmk j. C J w **rm Containers mlm •"•a—"*— N* P««i/ -t-fM S port *l| Sou Ant Rat Hb| KEUfU IMPISH 9101 01. OS 03 OS 05.0« 20/04 23/04 24/0* 27/04 S 5 PEMNSU.M BAT 0521 01/0* 03/0S 04/04,2,098 words
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Advertisement2317 1991-06-03 29 TO: U.S.A./PANAMA FM: U.S.A./PANAMA V OM IGB CII (OB SAV WW NVC NYC NO* SA» CM let DM V CHOTANG WCTMY fM** 1/7 J/7 14/7 19/1 M/ 7 11/7 13/7 CHOT NC 114 I#/4 ,2 »/4 M/ 4 3/« CMOYANC GIANT fFUI 10/7 11/7 H/7 M/ 7 17/7 l«/ 72,317 words
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Advertisement406 1991-06-03 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS kssei *oy |sp IT* Htuc ns COSMK TIAOE* ii "sio MPT sf*i wf jo 575 575 champion ntnoa w npi I I "I ORANGE MOON 13 C/C ambaika "ti 775 5/5 I OUANGE OCEAN 100 575 "w/t 1 ™«B auto 15406 words
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Page 30 Advertisements
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Advertisement557 1991-06-03 30 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL.VOY I SPORE ROAM/AOAM H BURG BREMEN ANTWERP MATARAM 29W8 I 20/6 22/7 27/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|sct to Inducement Alto accepting cargo lo Casablanca Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO557 words
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Advertisement1040 1991-06-03 30 ift iM. HANJIN SHIPPING RTM ANR HAM BRV FEL VSL SIN L£ HAUL IGB OAK HANJIN LONGBEACH 033W 5/6 23/6 24/6 25/6 25/6 26 6 27/6 J nn.r SScrl JX tt',l HANJIN HONGKONG 029W 9/6 27/6 28/6 29 6 29/6 1/7 2'7 I"**" SScrl Jt? W'X HANJIN ROTTERDAM 014* 16/61,040 words
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Advertisement1357 1991-06-03 30 4FLWH J J d IH IPKL SCP MM NSG KLG PUS WT OSK NGY SMZ TYO UU CHS BAL NYCUW Ml U W IK PSD CM m I GRACE RE 038 5/6 6/6 11/6 12/6 14/6 17/6 19/6 21/6 22/6 23/6 24/6 5/7 17/7 H/7 20/7 29/7 30/7 31/7 1/11,357 words
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Page 31 Advertisements
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Advertisement2055 1991-06-03 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) JT BOOKINGS: NEPTUNE LINK TEL: *****00 u V USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 OTM m AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 Up| M NEPUNE SDN2,055 words
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Advertisement1038 1991-06-03 31 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES otscmwOHG ntau castboum) 10MW6 fon WCSTBOUK) mjwagra) at Ronaniir 5u wv (ml* H«g "wr Is*1,038 words
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Page 32 Advertisements
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Advertisement1416 1991-06-03 32 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I r%| M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I -BL mi AJL TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL:1,416 words
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Advertisement163 1991-06-03 32 Continental Pacific Shipping jr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S POKE PK LOADING FOR ARROW AD VENTURE SM Sid RDM/ANT/FLU/UK OURANIA L SM ROM/ANT/FLU/UK MARY M In Pt 7/6 11/1 RDM ANT FLU UK WORLD AMPHK* 30/6 ROM ANT/FLU/UK loidi Sab»h Indonesia ®M ULTIPORT AGENCIES (S) PTE. LTD. TEL:163 words
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Advertisement101 1991-06-03 32 IS'pore P Kelang Loading for I NEA ELPtS tn Port 4/6 Antw Rdm/UK Nantes [Spore Loading for I PAN GLORIA 10/6 Dubai/Dammam I MERCHANT PILOT 15/6 Hodeidah/Jeddah/Aqaba I r S pore Loading for SAMMI SUPERSTARS Los Angeles New Orleans/ I Charleston/Norfolk/Camden OCEAN FRIEND Los Angeles New Orleans/ I Charleston/Norfolk/Camden B101 words
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Advertisement770 1991-06-03 32 Xfp* PHILI ORI€NT UN€S PT€ LTD '08 ROBINSON HOAO #07 00 GMG BUILDING SINGAPORE 0106 1 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 ij&f- BY AIR LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 12 JUN DUBAI. DAMMAN, SHARJAH, DOHA. rlffmnN770 words
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Advertisement479 1991-06-03 32 /V-*-. GOLDEN LINE GUAN GUAN SHIPPING TNT><\ (PTE) LTD 23. Telofc Aver Street SINGAPORE 0104 TEI *****8J (10 LINES) Fm: *****04 (CR No **********0W) STRAITS/PERSIAM CULT SERVICE S pore P Keianj Ptnanj GOLDEN HARVEST ColoiMc Ka'actr Dubai 1,10 Jui GOLDEN WONDER Coiorrbo Karachi DuSai 21,30 kn CHINA SERVICE QMG FENG479 words
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Page 33 Advertisements
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Advertisement1498 1991-06-03 33 PACIFIC INTERNATIONAL LINES (PTE) LTD Ml mm PIL Building, 140 Cecil Street *03-00, Singapore 0106. JAKARTA ""1 [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 231 4/« 11/« KOTA PANJANQ 9116 13/6 EQUATOR MAS 06N 7/6 9/6 13/6 KOTA BINTANO 9116 4/6 7/6 11/6 HAI1,498 words
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Advertisement1015 1991-06-03 33 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 Watefschout' 166 3/6 26/6 Benavon f 178 7/6 24/6 25/6 27/6 28/6 Jutland1,015 words
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Advertisement539 1991-06-03 33 M MYANMA P HH HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf PAGAN VI7IW 8/10 tun AVA VIOBW 16 11 tun TO THE BANK UMI v' A of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY 1 EXPRESS TO PAPUA NEW GUINEA I539 words
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Advertisement738 1991-06-03 36 (pßi TO AUSTRALIA/NEW ZEALAND fiS [Sm Fratn Mtlb [lyd I Audi [Spf |p CHAIM C VEKOIMI 272 li t 22/6 21/8 Til Til 9/7 ANTKKRPEN 273 21/S 5/7 10/7 14/7 20/7 23/7 25/7 MARTHA 275 5/1 M/( 15/1 11/S 24/t 2C/S 27/1 ELLEN HUOtG 27C 15 I 22/1 2t I738 words
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Advertisement864 1991-06-03 36 OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM/ NGO KOB VESSEL VOY |SM |PKL PNG (UN SM ACX LHY 116 *1 6 305 46 S6 11 6 146 156 156 166 ICEBKD 8A TFTi 76 loT" ACX DAISY 14 8.6 *1 6 7 6 14 6 18864 words
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Advertisement288 1991-06-03 36 I jf mm I P T PERUSAHAAN PELAVARANf i V*® KALIMANTAN DIRECT WEEKLY SERVICE TO > JAKARTA/TG. PRIOK 1 V„M< ETA/ETD DESTINATION NUGA XXI Voy 12/91 5/« J*»rt»P»Wn*»o| j NAM XXI V«y 13/11 7/1 lun Wurta/NMtaa| MAGA 42 *oy 1/11 11/12 lun tok»rt»/Mi«fc«t MAGA XXI Voy 13/11 14/15 )un Murta288 words
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Advertisement1403 1991-06-03 36 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE ,lt |®gj™ 2, MISTRI ROAD. HMC BUILDING ULl #15 00, SINGAPORE 0207 CABLE COSTARLINE CR NO: **********0 M CABLt COSiAKLiHt General Agents: CO6TAR SHIPPING PTE LTD TO HONQKONQ AND CHMA AND CHMA YESSEL/VOY MP HKG SHA XIN HRU DAL QW VESSEL/VOY1,403 words
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Advertisement1374 1991-06-03 37 roc CONVENTIONAL SEKVICK Vtsstl PKL PNC P G Loading for A VESSEL 28/05 Rotterdam Antwerp CHINA rou CONTAWKH OMVICE VnMl SCP PKL BKK HKG QIN SHA YANGfANCKOU 151 026 33 6 0/6 126 166 YANGfANGKOU 153 02// 03/7 07/7 12(7 16/7 AJto accepting other chinew ports via HKG AUBTRAUA FULL1,374 words
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Advertisement621 1991-06-03 37 i SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM EH ETA SPOKE POUT KELANG PENANG BLUE lADE 18/6 Loading for Mile *UVAI MUOMU IS 6 leading tor Calcutta (XXPHN S**d Loading For Male PIONEER SUPREME 15/6 Loading for Malt OONAKULHI 10/6 Loaded For Feimaru PROGRESS LBERTY 12 6 9621 words
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Advertisement440 1991-06-03 37 If kft SYDNEY/MELBOURNE BANGKOK lam. Ivor mm srp jjj [*wti Ivor mwok mnbrqk m BHUM 0905 20-21/6 03-5/7 074J7 DEJA BHUM#* 13N In ft 3/6 Thur I 6/6 MANET A !">SO 5-6/7 18-20/7 22-24/7 CHAIYA BHUM# 12N In Pt 3/6 6/6 PITA BHIW 1106 20-21/7 02-4/8 06 8/8 MAHA BHUM#440 words
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Advertisement433 1991-06-03 37 neen-une VBL VOV SINGAPORE MADRAS SINGAPORE VESSEL VOY siN MM SIN TIGER BAY 161N 03 04/06 10-12/06 IS-19/06 TMJER STAR 162N 13-13/06 19-21/06 27-27/06 KURIISK 162 A 16-16/06 23-25/06 01-01/07 VSL VOY SINGAPORE/CALCUTTA/SMGAPORE VESSEL VOV SIN CAL SIN TIGER RIVER 131CN8 05 06/06 11-13/06 19-20/06 LHOTSE 403 10-10/06 17-19/06 25-26/06433 words
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Advertisement1164 1991-06-03 38 MAC-NELS SINGAPORE I EXPORT TEL *****22 import TEI: *****02 PENANG TEL: (04) *****6 IKK TEL (088) *****0 TAWAU TEL (089) *****9. P KELANG TEL. (03 *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 PADANG TEL (751) ***** I—tw V*1,164 words
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Advertisement381 1991-06-03 38 IHUHWTTWYTTWTTrHHHHH Hpjpjp ffgfc blue star line |)i^^^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH Si PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI StN N. PLY AUCK LVT PREMIER 12S 4 tun381 words
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Advertisement754 1991-06-03 38 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES ***** M (BOOKINO UHKt) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Vor ETA DEST VESSEL VOT ETA PEST754 words
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Advertisement378 1991-06-03 38 r~ nvqcc FRATA CONTAINER UNES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. ARE PROUD TO OFFER OUR CONSOLDATIONS TO A WIDER VARIETY OF PORTS. N*TJ FREQUENCY/HTH ETA SM TRANSIT TNE AUCKLAND 3 SAIWGS 13 Ot OAYS BANGKOK 4 SAIMGS 04/0 C 3 OAYS CMTTAGONG 4378 words
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Page 39 Advertisements
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Advertisement774 1991-06-03 39 Avv COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBOLK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. ILO* I OTHER PERUVIAN PORTS* WITH T/S AT KO6E ON CPV THROUGH BILL OF LADING. Penanf* P. Kelanj Snjapore E'Mva SHAPIAEVERETT 08 10 )un 11/13 Jun 18/20 lun KAMALEVERETT 27/2S lun THOMASEVERETT 08-09 W 10/11774 words
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Advertisement531 1991-06-03 39 VSL Ivor Is POKE [MAINLINE* [LAX IKST |SAV [NYC IHTX m MIIBOURNI 21* 14/6 7IM PUSAN 14/7 23/7 2b 7 217 JO/7 m PWAFUS 12H 26 t 7IM CALIFORNIA 23 7 II 4/1 t/l I I AM KOPER ISE 21 /W SAVANNAH 317 9/1 12/1 14 1 l«/( TIM KAOHSIUNG531 words
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Advertisement764 1991-06-03 39 VnM LINER SHIPPING PTE LTD '0 Arson Road *17-06 International Plaza, Singapore 0207 Tel: *****33 (10 lines) \l Tele* RS ***** LSSHIP Fax *****13 IMI j j!JM L- FAR EAST__ HRmi 3/6 10/6 JAKARTA 1/6 s/6 KEELUNG 9/6 12/6 [MANILA 1/6 8/6 KAOMStUNG 2/6 9/6 P. KELANG 7/6 14/6 BUSAN764 words
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Advertisement831 1991-06-03 39 PERINTIS LINE 11 SIN FM EAST ACCEPTING ALL FCL CARGOES 9/6 KEELUNG/KAOHSIUNG BETWEEN SINGAPORE 10/6 BANGKOK JAKARTA SURABAYA I V* MANILA/CEBU 8/6 JAKARTA/BELAWAN/SURABAYA vessel VOY S.N jkt sby i PORT KELA NG/PENANG/E. Malaysia VESSEL VOY SIN JKT SBY 6/ g BUSAN MELITA 07/91 05/06 08/06 12/6 TOKYO/YOKO/KOBE/NGO/OSA JATiDIRI 935 08/06831 words
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Advertisement111 1991-06-03 39 SINWAY SHIPPING SERVICES PTE LTD WEEKLY LCL/FCL JAKARTA BANGKOK FAR EAST U.S.A. TEL: *****22 10/6 CHTG/DHAKA, 9/6 MADRAS 10/6 CALCUTTA 1/6 BOMBAY. 8/6 COLOMBO 8/6 KARACHI »/6 DUBAI. OAMMAN. BAHARAM. MQABOOS 1/6 lEDOAH REGULAR LINER SERVICE VSL ETA LOADING FOR TBN 10/6 BOMBAY TBN 6/6 COLOMBO, KARACHI TBN 7/6 MADRAS.111 words
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Page 40 Advertisements
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Advertisement780 1991-06-03 40 traits Container Agencies (a member of Steamers Maritime Holdings Ltd) P.T. MjgXUTAN PERTAMBANGAN SERVICE VESSEL VOY SPOKE JAKARTA SURABAYA TAKARI I 1708 03 JUN 05 JUN TAKARI IV 4092 06 JUN 08 JUN TAKARI I 1710 10 JUN 12 JUN TAKARI IV 4094 13 JUN 15 iUN TAKARI I 1712780 words
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Advertisement206 1991-06-03 40 MULTI-MODE SHIPPIIB PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCULCL DUBAI DAMMAN, SHARJAH. DOHA. MUSCAT, BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCULCL PENANG. PKELANG, JAKARTA, BANGKOK. HONG KONG, TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCULCL LONDON, FELIXSTOWE, LEEDS, TILBURY. ABERDEEN. LE HARVE, HAMBURG. ROTTERDAM, ANTWEP. GOTHENBURG, COPENHAGEN ALL OTHER206 words
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Advertisement726 1991-06-03 40 /Cgt\SETH SHIPPING CORP. SDN BHD (UmM fT KLAUS TEL 03 3C***** llMt| FAX *****11 V PENANC TEL 04 6329?9 SKAN TEL 08«7I4«S2 \I7 SIIU TEL 064 *****2 TAWAU TEL: 089-*****9 KK TEL *****2250 KUCH TEL 062 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE ftEOCT IWT ft» I m |S« IA/LBI KST726 words
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Advertisement513 1991-06-03 40 CUJj coniußV inTEßmonnt\ j LCL/FCL SERVICE FROM fV/ f I HI HI /Ml W CWI over 600 lermlnals/offlces in U.S.A I I I B fIH m CUM maintains ovar 35,000 tmclor» 4 truck*. V I I /Ml M CUM wrv« ow 60,000 points In USA M CUft r*U«bl» LCI/FCL s«rvtoM.513 words
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Advertisement428 1991-06-03 40 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 38NB 8/6 VIGOUR SINGAPOUR 2NB 15/6 BANGKOK 7/6 14/6 BUSAN 5/6 13/6 HONGKONG 5/6 13/6 DURBAN PT LOUIS 19/6 */7 KEELUNG 9/6 16/6 USA. 6/6 13/6 PT KELANG 7/6 14/6 KOBE 9/6 16/6 PIRAEUS 10/6 21/6 OSAKA 5/6 12/6 JAKARTA 7/6 12/6 SURABAYA 7/6428 words
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Page 41 Advertisements
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Advertisement638 1991-06-03 41 MORE FREQUENT FUEHIS WORLDWIDE j NEW ZEALAND/FUI 1 "VESSEL Jkt t* fw *Bkk Sin S'baya Auckland Fiji(A) < N.Ptymouth(A) Tmaru Lyttetton(B) Dunedin(B) Napier Wefcigton(C) Tauranfi N Rotterdam/9113 8/6 10/6 10/6 10/6 12/6 15/6 28/6 10/7 30/6 2/7 3/7 3/7 4/7 4/7 6/7 N Rosario/9114 18/6 20/6 20/6 20/6 22/6 25/6638 words
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Page 41 Miscellaneous
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Miscellaneous312 1991-06-03 41 TIDES AND WEATHER **MRI I 40MNM ilMfiMt l«K s.o*- TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 *****100 **********00 *****(00 **********00 2000 2100 2200 2300 JR 2.5 2.9 3.0 29 2.5 2.0 1.4 1.0 0.7 0.6 06 08 1.2 1.7 20 2.1312 words
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Page 42 Advertisements
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Advertisement761 1991-06-03 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUND FEEDER TO PACIFIC BQUTH-WEBT TO PACIFIC NORTH-WEST FEEDER VOT IHR PKE SIN lIK HAUL WY LBH OAK Sl* HAUL DOT TCM/StA PTL NAN HAI 203 014 02/04 03/06 05/06 H. EXPLORER 401 01/07 04/07 07/07 BAY BRIDGE 55E761 words
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Advertisement78 1991-06-03 42 f OFFICES P MACOLINE ?SST SSk I PORT KELANG 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG SIN KM Bunga Setawar PMOI9 8/6 8/6 9/6 10/6 Bunga Setawar PMO2O 15/6 15/6 16/6 17/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS B SETAWAR' 6/6 PALEMBANG 'SUSANNA" 4/6 PONTIANAK "BRITT ANN 5/678 words
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Advertisement111 1991-06-03 42 CHARTPOINT Every Saturday in Business Times FASTEST TO LOS ANGELES WE'RE CHANGING HORSES IN MID-STREAM TO SERVE YOU BETTER FROM MID-JUNE (ALLIGATOR PRIDE 12/6), OUR ALLIGATORS WILL CALL SINGAPORE DIRECT EVERY WEDNESDAY OFFERING YOU SOME OF THE FASTEST TRANSIT TIMES AVAILABLE, SUCH AS:LOS ANGELES/LONG BEACH 17 DAYS OAKLAND/SAN FRANCISCO 20111 words
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