The Business Times, 4 June 1991

Microfilm: NL17507
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, June 4, 1991 75*
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  • NEWS SUMMARY
    • Article
      Hawke appoints John Kerin as Treasurer
      51 1 SYDNEY Prime Minister Bob Hawke named as the new Treasurer John Kerin, a 55-year-old former chicken farmer who most recently was Primary Industries Minister. Mr Kerin replaces Paul Keating who resigned immediately after his showdown with Mr Hawke for leadership of the governing Labour
      51 words
    • Article
      Matsushita setting up plant in M'sia
      47 1 TOKYO Matsushita Electric Industrial plans to invest around US$4 billion to set up a manufacturing company in Malaysia. The company said yesterday that the new company will produce audio and video equipment in Malaysia's Pasir Gudang industrial site beginning March 1992.
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    • Article
      Shows get AIF status
      27 1 TWELVE international trade shows, ranging from food and beverage to aerospace, have been awarded the status of Approved International Fairs (AIF) Page 2
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    • Article
      Manila wooing tourists
      33 1 THE Philippines is working on ambitious plans to attract 5.1 million tourists annually by the year 2010 under a 20-year tourism masterplan funded by the UN Development Programme Page 8
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    • Article
      Hawke beats Keating
      31 1 AUSTRALIAN Premier Bob Hawke yesterday defeated a challenge to his leadership from his deputy. Paul Keating, who later resigned as Deputy Prime Minister and as Treasurer Page 8
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    • Article
      Pessimistic outlook
      16 1 US ECONOMISTS have painted a pessimistic picture of the country's economic recovery Page 9
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    • Article
      Lamont sees rebound
      26 1 UK CHANCELLOR of the Exchequer Norman Lamont detects faint stirrings of an economic recovery in the second half of this year. Page 9
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    • Article
      Trail blazers in IT
      23 1 SOUTH KOREA and Japan are surging ahead in information technology while Hongkong wonders which way to turn Page 12
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    • Article
      CCNI service takes off
      30 1 CHILEAN carrier Compania Chilena De Navegacion's (CCNI) service to the Far East is finally taking oft' after two previous attempts had failed. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      38 1 US STOCKS were mixed early I yesterday, pausing to test the winds after last week's rise to record highs. The Dow Jones average of 30 industrials rose 5.15 to 3.032.65 in the first hour of trading.
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    • Article
      Footsie higher
      35 1 SHARES in London were higher at midday yesterday, boosted by Wall Street's big advance last Friday. At 1100 GMT, the FTSE 100-Share Index was up 22 points, or 0.9 per cent, at 2,521.5.
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    • Article
      SAe staying on track
      19 1 SINGAPORE Aerospace will continue to pursue its interlinked three-fold strategy for long-term growth Page 3
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    • Article
      Order for shareholders
      35 1 PETALING TlN's largest single shareholder, Hijaz Industries, and its concert parties have been ordered to make a mandatory general offer for all Petaling Tin shares not already owned by them Page 3
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    • Article
      Plans to diversify
      21 1 MANILA-LISTED Keppel Philippines Shipyard Inc plans to move into the manufacture of engineering and industrial products Page 4
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    • Article
      Rothschild revamping
      30 1 N M ROTHSCHILD and Sons is restructuring its Asian operations around a Singaporebased holding firm in the hope of getting OHQ status for the new firm Page 7
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    • Article, Illustration
      STOCK INDICES
      30 1 Monday Change BT-MGA 752.07 +4.06 Kuala Lumpur ....631.44 rl.9 Tokyo 25,912.61 +122.99 Hongkong 3.688.14 -18 87 Sydney 1,523.7 +15.4 Friday Change New York 3,027.50 +27.05 London 2.499.5 +8.3
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7700 100 Yen SS 1.2780 MS SS 0.6403 Money market rates Overnight 5-1/8% -3/8 3-month 5-5/8 unch
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    • Article
      COMMODITIES
      40 1 London Gold AM fix USS361.50 -USS0.05 Rubber S'pore July 147.75 c /kg -0.25 Msia July 228.50«/kg +0.50 KL Tin Turnover 22 tonnes -4 Spot MS 15.25 /kg unch Crude palm oil Turnover 542 lots -791 June MS781 /tonne -3
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  • Article
    STPB expects to meet 3-spc growth target
    710 1 But change in tourist mix hurting hotels and shops DESPITE the slower flow of visitors in the first three months of the year, the Singapore Tourist Promotion Board (STPB) remains confident of meeting its full-year projected growth rate of 3 to 5 per
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  • Article
    Retailers may unite to press for lower rentals
    303 1  -  By CK Tan LOCAL retailers, faced with the prospect of lean sales but escalating rentals, are considering cartel-like groups to negotiate with landlords. These groups aim, among other things, to put pressure on landlords for lower rentals. "As a group, you get
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  • Article
    Lock icon Look to Asia for funding: US envoy
    177 1 UPI OSAKA As the press for funds to create a new world order grows tighter, the world must look to Asia rather than the West for capital, Mr Michael Armacost, US ambassador to Tokyo, said yesterday. But whether Asia will answer the call
    UPI  -  177 words
  • Article, Illustration
    Local chemical group to build storage facilities in Shenzhen
    469 1  -  By Lilian Ang LOCAL chemical group, Dovechcm, is pumping in US$3O million (5553.1 million) to build chemical and gas storage facilities in Shenzhen, a special economic zone in China just across the border from Hongkong. The project, which will make the
    469 words
  • Article, Illustration
    ST Index hits 1991 high
    269 1 Asian markets rise in tandem with Wall St; investors on buying spree ASIAN BOURSES surged ahead yesterday, taking their cue from Wall Street where the Dow Jones Industrial Average closed at an all timehigh of 3,027.50 on Friday after a week-long rally. In Singapore, the
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  • Article
    Lock icon HK bourse seems set to reform at govt behest
    158 1 AFP HONGKONG The Hongkong Stock Exchange, recently rocked by an ethics scandal, has agreed in principle to reforms ordered by the government watchdog, the Securities and Futures Commission (SFC). Sources close to the bourse said yesterday that the reforms included widening
    AFP  -  158 words
  • Article
    Outlook for shiprepair
    41 1 PROSPECTS for Singapore's shiprepair industry look bright in the near future. However, storm clouds loom on the horizon. An industry report, focus- ing on the Big Three listed yards Jurong, keppel, and Sembawang shipyards spells it all out.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      147 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Changer Rates 27 Weather 27 Commodities 26 Money Market 25 World News 8.9 Cryptic Crossword 27 Regional Co News 4 Editorial 10 Regional News 8 For market indices, editorial. Financial News 7 Regional Stock Markets 24 advertising and circulation exFutures
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      Page 1 Advertisements Column 2
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      Page 1 Advertisements Column 3
      6 1 Full report Pg 11, Shipping Times
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        New photo guidelines for IC registration
        79 2 I HE National Registration Office has clarified that the new lCs should have photographs ot' 35mm by 45mm dimension, and the size of the image of the person should be 26mm from chin to crown. The clarification became necessary after the first day's exercise.
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      • Article
        New committee for contractors
        69 2 UIE Singapore Contractors Association has announced its new Council of Management for 1991-1993. Its president is Kong Mun Kwong of the L&M Group. Others in the committee include Chuang Shaw Peng of Chuang Uming as first vice-president, Stewart Yen of Reliance Contractors as second vice-president. Tan
        69 words
      • Article
        Broader base
        34 2 HIE National Productivity Association has decided to broaden its base in order to better reflect the national identity. Members can introduce new members and get incentive points and discounts at some establishments.
        34 words
      • Article
        Poly to train teachers
        64 2 LECTURERS in the mechanical and manufacturing engineering departments of the Singapore Polytechnic will train 32 secondary' school teachers from today, for three days, in a workshop on technology for design. The objective of the workshop is to build a bridge between the polytechnic and Singapore's school
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      • Article
        Ban on import of dangerous dogs
        133 2 CONTROVERSY dogs pit bull terriers not only in England, where they were banned recently, but also in Singapore. By a notification issued yesterday, the Primary Product Department has banned imports of American Pit Bull Terriers and a few other breeds that are nurtured traditionally
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      • Article
        Corrections and clarifications
        48 2 IN THE ARTICLE, "Citystate and UK's Provincial to team up for insurance venture", in the June 1-2 Weekend Edition of BT, Provincial Insurance Asia's paid-up capital was incorrectly reported to be $3.25 million. It should have been 532.25 million. We are sorry for the error.
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    • Article
      Approved Int'l Fairs status for 12 trade shows
      585 2  -  Proven track records, scale and size By Schutz Lee TWELVE international trade shows have been awarded the status of Approved International Fairs (AIF) setting the standards for the kind of mega trade events Singapore hopes to host. The five shows this year
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    • Article
      Govt allows distribution of AWSJ at conference next year
      379 2  -  From Catherine Ong in HONGKONG THE Singapore government will allow The Asian Wall Street Journal to be distributed at a banking conference to be held in the Republic next January. Dow Jones Publishing will be able to give out copies of
      379 words
    • Article
      Autodesk may upgrade office to subsidiary
      292 2 US COMPUTER firm Autodesk Inc hopes to upgrade its Singapore sales and marketing office to a subsidiarysoon, with a manufacturing facility and technical centre to follow, according to George Kane, the company's area sales manager, international sales. For Autodesk, the Asian region is the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      188 2 *"~111 T k <redH risk weighing you down in a sea of competition? Being competitive in the marine industry often means having to extend better credit terms. But this could lead to your working capital being tied up in credit lines, with no assurance that your clients w ill pay
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    • Advertisement
      Page 2 Advertisements Column 2
      326 2 SUBSCRIBE-A-FAX AND GET MORE THAN JUST OWNING IT. MORE SAVINGS WITH OPTION-TO-PURCHASE Hypothetical Fax Facts Mid-Range Facsimile machines $1,800 Hire Purchase Scheme 6.5% px repayment over 24 months CAPITAL DOWN INSTALMENT/ TOTAL OPTION OUTLAY PAYMENT SUBSCRIPTION INVESTMENT BENEFITS WEAKNESSES Cash $1,800 NIL NIL $1,800 -you own the set Reduced Cashflow
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      S'pore Aerospace to emphasise more on commercial work
      379 3  -  By Rahita Elias SINGAPORE Aerospace's commercial activities will serve as the driving force behind its future development, although its military and de-fence-related work will remain an important source of business. In the group's annual report, chairman Lam Chuan Leong and president Quek
      379 words
    • Article
      Lower turnover pulls down VDH's profits
      388 3  -  By William Chia VAN DER HORST Ltd has turned in lower profits on the back of a big decline in turnover for the six months ended March 31, 1991. The company announced yesterday that group operating profit attributable to shareholders fell 27 per cent
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    • Article
      Foreign investors getting bullish on Philippine stocks
      731 3  -  MARKET TALK By Al O Labita MANILA FOREIGN INVESTORS are giving Manila's resurgent stock market a second look, but the most bullish among them are Hongkong-based fund managers. Lured by what they perceive as the country's improving business climate and sound stock market
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    • Article
      Hijaz Ind must make general offer for Petaling Tin
      212 3 HIJAZ Industries, Petaling Tin's largest single shareholder, and concert parties were ordered to make a mandator, general offer for all the shares of Petaling Tin they do not already own. The order, issued by the Malaysian Panel on Takeovers and Mergers
      212 words
    • Article
      Lee Kim Tah likely to start on Alexandra project soon
      287 3 CONSTRUCTION group Lee Kim Tah is likely to proceed soon with its Alexandra Road development project, for which a formal go-ahead from the authorities is expected shortly. The group has already paid the development charge to rezone the site from
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    • COMPANY BRIEFS
      • Article
        No trading in NatSteel shares from July 4-12
        83 3 SINGAPORE Nat Steel Ltd said it will suspend trading in its shares and warrants from July 4 to July 12 to facilitate the split of its stocks and warrants. The company will switch to scripless trading in new shares and warrants from
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      • Article
        Bolton plans rights issue
        76 3 KUALA LUMPUR Bolton Properties has proposed a rights issue of M 590.978 million nominal amount of 3.5 per cent redeemable unsecured guaranteed bonds 1991/1996 with warrants on the basis of Ms 2 nominal value bond plus one warrant for every three existing shares. Funds raised will
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      • Article
        Revised terms for Idris' rights
        50 3 KUALA LUMPUR Malaysia's Capital Issues Committee has approved Idris Hydraulic (M)'s proposed rights issue on revised terms, from 272 million 50-sen shares at par to 218 million 50-sen shares at 65 sen each on the basis of four new shares for every five now held.
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      • Article
        Tradewinds director resigns
        36 3 SINGAPORE YAP KIM WAH has resigned from the board of Tradewinds Private Limited from June 1, 1991. He has been replaced by Teh Ping Choon, the acting director of marketing planning of SIA.
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      • Article
        Low Hua Kin ups stake
        57 3 SINGPORE Pacific Can Investment Holdings said Mr Low Hua Kin. a director and shareholder of Kumagai Investments which holds 7,321.000 shares (10.65 per cent) of Pacific Can, holds another 800,000 shares (1.16 per cent) through KZ Investments. As a result, his deemed interest has risen
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    • Article
      Lock icon Malaysian Resources to benefit from revamp
      204 3 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd, bedeviled by liquidity problems, should be in a better position following the implementation of its proposed capital restructuring and debt conversion scheme, chairman Wan Azmi Wan Hamzah says. The proposed capital restructuring scheme would eliminate the major
      Bernama  -  204 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      9 3 Money managers upbeat about regional stock markets, I'g 4
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      Page 3 Advertisements Column 2
      159 3 BUILT ON I STRONG FOUNDATIONS Uffil \v Private Portfolio Management I.ondi)ii is the world's centre for international SERVICES FOR OUR PRIVATE investment management. Based in the CLIENTS INCLUDE heart of the Citv of London, with its Global Equity Investment powerful resources. Warburg Asset Global Fixed Interest Investment Management provides a
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Giordano's shares 12.9pc undersubscribed
        103 4 HONGKONG Local investors have given Hongkong fashion retailer Giordano Holdings Ltd the cold shoulder, as a public ofter of new shares was undersubscribed by 12.9 per cent. Giordano, which is to be listed on the Hongkong stock exchange trom June 19, said only 4,631 applications for
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      • Article
        Special treatment for 71 firms
        56 4 SEOUL South Korea has finalised selection of 71 firms for favourable treatment to operate main lines of business in the top 30 business conglomerates, or "Chaebol", a state-run banking watchdog said. The 71 firms will be granted favourable credit terms, effective on Saturday, including hard
        56 words
      • Article
        San Miguel (HK) payout
        69 4 HONGKONG San Miguel Brewery Ltd. a listed subsidiary of San Miguel Corp of the Philippines, has declared a first 1991 interim dividend of five HK cents, unchanged from a year earlier. The company brews and distributes draught, bottled and canned beer for local and overseas markets.
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      • Article
        Mayne buys Canadian firm
        49 4 MELBOURNE Australian transport and security group Mayne Nickless Ltd said it has bought Canadian-based Metropol Security Group for an undisclosed sum. "The acquisition ot Metropol will make Mayne Nickless number two (in Canada) in the contract guard business," said lan Webber, Mayne Niekless's managing director.
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      • Article
        500 Indon firms face charges
        104 4 JAKARTA Indonesian authorities plan to take some 500 businesses to court for polluting the environment, press reports said here yesterday. The Jakarta Post quoted Population and Environment Minister Emil Salim as saying that the 500 firms, mainly charged with polluting rivers with liquid toxic waste
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    • Article, Illustration
      Keppel Philippines plans to make industrial goods
      256 4  -  From Harish Mehta in MANILA MANILA-LISTED Keppel Philippines Shipyard Inc is planning to diversify into the manufacture of engineering and industrial products a move that will further increase its presence in the Philippines. Its executive vice-presi-dent, Mr Yong Chee Min, told BT that
      256 words
    • Article
      Hongkong firm raising HK$500m credit
      312 4 Largest financing package for Fountain Set since flotation HONGKONG Fountain 3a (Holdings) has asked Credit Lyonnais and Paribas Asia to arrange a syndicated orgdit facility of HKSSOO million (S$ 114.5 million). Z The South China Morning Past reported over the weekend that the facility will
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    • Article
      Lock icon CSR sees tougher times ahead
      251 4 Reuter SIDNEY Building materfeis and sugar company CSR Ltd said trading conditions i*lhe current year were likely io be even harder than in the last fiscal year. Managing director lan Burgess said lower aluminium and sugar prices and subdued construction activity in year to March
      Reuter  -  251 words
    • Article
      Thai seafood firm takes 50pc stake in shrimp farmer
      317 4 BANGKOK In another major Thai takeover deal, Surapon Seafoods Co has announced that it has taken a 50 per cent stake in BJC Marine Resources Development Co, a shrimp farming subsidiary of Berii Jucker Co. The Nation reported over the weekend
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    • Article
      Tanayong makes offer for majority stake in Thai hotel
      646 4 BANGKOK Tanayong Co of Thailand, an aggressive property concern has announced a public share tender to acquire a majority stake in Rajadamri Hotel Co, the owner of the Regent of Bangkok hotel, according to a report in The Nation last Saturday.
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    • Article
      Lock icon Money managers upbeat about regional stock markets
      904 4 But investors face major obstacles IHT HONGKONG Optimistic about the prospects for Asia to maintain faster economic growth than any other region in the world, money managers here are uniformly bullish about the outlook for regional stocks especially in such emerging markets as
      IHT  -  904 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      127 4 jpr §#>t 4 > mi w/jf-vx Scalpel...scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on 4 your money Essential information accessible every business day through Business Times. In the same
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      123 5 XK CHRONOGRAPH WATCH g*- *^^^^^^&I^sSKMKKKKS ffiJKw^gZ THE SPIRIT OF JAGUAR The Jaguar XK chronograph watch: Swiss precision and English prestige in perfect harmony. JAGUAR Equipped with automatic mechanical movement, three-dial chronometry for seconds, \A i. L minutes and hours, calendar and tachometer. Available in solid-gold and two-colour model, V vQICiIGS
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Bollore forecasts more than 50pc rise in profits
        88 6 PARIS France's diversified Groupe Bollore Technologies expects operating profits for 1992 to be more than a billion francs (*****.7 million), a rise of 50 per cent compared with 1990's 670 million francs. Growth at operating profit level should be between 10 and
        88 words
      • Article
        Marsh in talks to divest stake
        86 6 NEW YORK Marsh and McLennan Cos Inc is in talks with Hudig-Langeveldt Groep BV aimed at Marsh divesting its 30 per cent stake in Hudig. Marsh said last Friday that a definitive agreement was expected to be reached shortly. It said it had provided
        86 words
      • Article
        Group buys German refinery
        92 6 BERLIN A consortium led by units of VEBA AG and RWE AG has signed a contract to take over East Germany's largest oil refinery in Schwedt. Germany's Treuhand privatisation agency said in a statement last Friday that VEBA's VEBA Oel AG and RWE's DEA Mineraloel AG
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      • Article
        Profits before loss for La Quinta
        98 6 SAN ANTONIO La Quinta Motor Inns Inc expects to show profits in the second and third quarters, but a fourth quarter loss is likely. Senior vice-president Francis Bissaillon said last Friday: "We would anticipate positive earnings in the second and third quarter and perhaps
        98 words
      • Article
        DSM to build plastics plants
        93 6 HCfcRLEN Dutch chemical group DSM NV is to invest 35€ C million guilders (*****.2 million) to build two new plartics plants in Geleen in the southern Netherlands. One of the ipw plants will produce low density polyethylene (LDPE) whifck is used for household articles, bottles,
        93 words
      • Article
        Rio Algom unit plans purchase
        97 6 TORONTO Rio Algom Ltd's wholly-owned US unit, Rio Algom Mining Corp, will buy all the outstanding common shares of Uranium Resources Inc at US$6.4O (S$ 11.33) per share, for a total of about US$4l million. The Rio Algom unit currently holds about 8 per cent
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      • Article
        TV claims hit Glaxo shares
        79 6 LONDON Shares in Glaxo Holdings pic tumbled 23p to 1181 p early last Friday on traders' concern over an upcoming British television programme critical of asthma treatments which mentions a new Glaxo medication, analysts said. Glaxo said it was aware that its new drug Serevent
        79 words
    • Article, Illustration
      Lock icon Revamp rather than hiving off likely for ICI
      517 6 Company expected to outline plans soon Reuter LONDON Selective surgery looks more likely at Imperial Chemical Industries pic than root and branch cuts, despite Hanson pic's implied threat to break up the United Kingdom's biggest manufacturer. While rumours of a more drastic
      Reuter  -  517 words
    • Article
      Lock icon Roche to buy over-the-counter drug firm
      212 6 Reuter BASLE Swiss pharmaceutical company Roche Holding Ltd announced yesterday that it is buying Nicholas, the European over-the-counter (OTC) drug business of Sara Lee Corp, for US$79B million (551.41 billion). Roche said in a statement that the move was a step towards building up
      Reuter  -  212 words
    • Article, Illustration
      Lock icon Reed focuses on raising Citibank's capital base
      869 6 IHT OSAKA If chairman John Reed has his way, Citibank "five years from now will be better capitalised, better managed and more focused on the consumer business than it is today". In an interview here, where he is leading a threeday meeting of
      IHT  -  869 words
    • Article
      Lock icon Farnell to buy STC electronics components unit
      220 6 Reuter LONDON Farnell Electronics pic said it has agreed to acquire the electronic components distribution division of STC Ltd, a wholly owned subsidiary of Northern Telecom Ltd unit Northern Telecom (Europe) Ltd. The price will be £61 million (S$ 183.3 million), subject to
      Reuter  -  220 words
    • Article, Illustration
      Lock icon Ex-chief Walker confirms he is suing banks
      280 6 Reuter LONDON George Walker, the former chief executive of leisure firm Brent Walker Group pic, has confirmed he is suing members of a bank steering committee he believes are responsible for his ouster from the company. His lawyer Denise Kingsmill said Mr Walker
      Reuter  -  280 words
    • Article
      Lock icon Takeover will create Spain's largest power group
      379 6 Reuter MADRID Power utility Hidroelectrica Iberica Iberduero SA will launch Spain's largest ever takeover bid as part of a plan to merge with Hidroelectrica Espanola SA (Hidrola). HI Holding, a holding company set up to carry out the merger, said the decision was
      Reuter  -  379 words
    • Article
      Lock icon Cepsa to raise capital to allow Elf to up stake
      149 6 Reuter MADRID Cia Espanola de Petroleos SA-Cepsa will increase its capital by up to 22.29 billion pesetas to allow Elf-Aquitaine SA to raise its stake to a maximum of 34 per cent, chairman Alfonso Escamez told the annual meeting last
      Reuter  -  149 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      28 6 now 70% SOLD OUT! gdisSßjSm& BOATS AQUASM RTS'9I The sth Singapore International Boat Show concurrently with The Ist International Aquasports Exhibition 14-17 September 1991 World Trade Centre, Singapore
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      Page 6 Advertisements Column 2
      35 6 BOOK YOUR SPACE NOW! For more details call Mr David Low at Tel: *****13 Fax: *****66 Organised bv: CBS Cahners Exposition Croup (Singapore) Pte lAd 1 Maritime Square #12-01, World Trade Centre, Singapore 0409 Fxhttxliuri
      35 words
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      Page 6 Advertisements Column 3
      62 6 ANYWHERE ANYTIME lACK BARRETT ASSOCIATES MARINE CONSULTANTS RICK JAMES NAVAL ARCHITECT Will provide these services: Small Ship, Tug Barge Design Ship Construction Supervision Ship Repair Supervision Machinery Evaluation Selection Surveys 61 Damage Reports Valuations Transport Studies at rates which will appeal to any ship owner For further information contact P.
      62 words
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  • FINANCIAL NEWS
    • Article
      Rothschild revamps its Asian offices
      318 7  -  By Hong Lee Tiam SINGAPORE N M Rothschild and Sons, a long-estab-lished merchant bank, is restructuring its Asian operations around a Singaporebased holding company called Rothschild Asia. With the restructuring, the merchant bank is hoping to get operational headquarters (OHQ) status for the new company
      318 words
    • Article
      Lock icon Jakarta's foreign debt swells to nearly US$66b
      290 7 Reuter JAKARTA Indonesia's total foreign debt rose to almost U5565.71 billion (S$ 111.7 billion) at the end of the 1990/91 fiscal year to March from U5557.75 billion the previous year, the International Monetary Fund (IMF) said. "Most of this increase represented a sharp
      Reuter  -  290 words
    • SMALLCHANGE
      • Article
        Thai banks raise lending rates
        46 7 BANGKOK Bangkok Bank Ltd and The Thai Farmers Bank Ltd have raised their minimum lending rate by half a percentage point to 15.50 per cent, and their minimum overdraft rate by a quarter percentage point to 15.50 per cent, effective yesterday.
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      • Article
        Bank mergers in M'sia likely
        78 7 KUALA LUMPUR Several possible mergers involving some large banks in Malaysia may take place in the next few years, according to Mr Christopher Batt, the managing director of a UK-based consultancy and management development firm. Mr Batt said at the end of a three-day workshop
        78 words
      • Article
        Consistent Bundesbank policy
        27 7 FRANKFURT The Bundesbank's assessment of economic development and its decisions on monetary policy will be continued consistently, Bundesbank deputy president Helmut Schlesinger said yesterday.
        27 words
    • Article
      Lock icon Manila may have to drop co-financing plan
      226 7 Reuter MANILA The Philippines may have to drop a planned co-financing plan between commercial banks and the Asian Development Bank (ADB) if the banks are unable to raise enough money, Central Bank governor Jose Cuisia said. He said over the weekend that if
      Reuter  -  226 words
    • Article
      Schroder South East Asia Fund attracts $25m
      307 7  -  By Diana Oon SINGAPORE Schroder International Merchant Bankers Limited (Simbl) has attracted more than $25 million for its Schroder South East Asia Fund since its May 8 launch. Mr John Ford, manager of Simbl's investment division, said: "We are very pleased with the
      307 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      51 7 You may have "been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usuai newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      51 words
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      Page 7 Advertisements Column 2
      226 7 The BMW 7 Senes suttbte tor Uni—Oed oafeot. <» «.W MB m I I IJ II I fl H I I H H 11 ■vi ■Hr-x B I H J- yT hhb Surpassing your loftiest expectations of luxury motoring, the Driving Centre. The programme is part of a 4-day all
      226 words
  • Page 7 Miscellaneous
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  • THE REGION/THE WORLD
    • Article, Illustration
      Philippines aiming for 5m tourists annually by 2010
      406 8  -  Target is part of Manila's tourism masterplan From Harish Mehta in MANILA THE PHILIPPINES is working on ambitious plans to attract 5.1 million tourists annually by the year 2010, boosting tourist arrivals by 500 per cent. These grandiose plans are being cast
      406 words
    • Article, Illustration
      Lock icon Congress could override Bush on China trade status
      454 8 Reuter NEW YORK Democratic leaders are close to getting enough votes in the US Congress to impose human rights conditions on the renewal of China's favourable trade status with the United States. Senate Democratic Leader George Mitchell said on CBS television on
      Reuter  -  454 words
    • Article
      Lock icon Hawke defeats challenge, Keating quits
      396 8 AFP CANBERRA Australian Prime Minister Bob Hawke yesterday defeated a challenge to his leadership from his deputy, Paul Keating, and said he would lead the Labor party into the next general election in 1993. Mr Keating immediately resigned as deputy prime minister and as treasurer,
      AFP  -  396 words
    • Article
      Lock icon Russian plan will give all citizens coupons to buy shares
      333 8 Reuter MOSCOW The Russian Republican government has drawn up an ambitious plan to privatise state industries by giving each citizen coupons for buying shares in them. Mikhail Malei, Deputy Prime Minister and author of the programme, said in an interview
      Reuter  -  333 words
    • Article
      Lock icon E European biotech yet to be exploited commercially
      274 8 Reuter BUDAPEST In a region where high technology is more sought after than attained. Eastern Europe's biotechnology sector stands out like a beacon of success. Supported by an established pharmaceutical industry and strong commitments from national governments, biotech is thriving and industry
      Reuter  -  274 words
    • Article
      Lock icon M'sian property: strong for 2 more years
      439 8 MBT KUALA LUMPUR Malaysia's property sector is likely to remain strong for at least another two years, according to the latest property report by international property consultants and managers, Knight Frank Baillieu. The firm came up with the positive outlook based on the
      MBT  -  439 words
    • Article, Illustration
      Lock icon Taiwan hit by worst drought in decade
      338 8 Reuter TAIPEI Taiwan's worst drought in a decade is ravaging crops in the south of the island and threatens to damage industrial production, officials say. Low rainfall and a heat wave have hit planting and harvesting of rice and vegetables during the past
      Reuter  -  338 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      668 8 IJilF] HWA HONG CORPORATION LIMITED ■Mmßtnf (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual General Meeting of the Company wiH be held at 606 Martin Road #14-06/07 A Central Merchandise and Dretrfcution Centre, Singapore 0923 on Friday, 28 June
      668 words
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      Page 8 Advertisements Column 2
      211 8 I |gp GOLD COIN LIMITED I NOTICE OF ANNUAL GENERAL MEETING I Notice is hereby given that the Twenty-Eighth Annual I General Meeting of the Company will be held at its I registered office, 421 Tagore Avenue. Singapore 2678. on I 19 June 1991 at 4pm for the following purposes:
      211 words
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      Page 8 Advertisements Column 3
      3 8 Analysis, Pg 11
      3 words
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  • THE WORLD
    • Article
      Lock icon Sluggish growth seen for US
      630 9 Economists paint pessimistic picture of recovery IHT NEW YORK As Amenca's recession peters out, a recovery is emerging that will be very different from any other in the last half-century. Sluggish growth is virtually ensured by fundamental changes that have gridlocked Washington, Wall Street and
      IHT  -  630 words
    • Article
      Lock icon Manpower survey sees third quarter hiring recovery
      368 9 Reuter MILWAUKEE After nine consecutive quarters of declining corporate hiring plans. Manpower Inc said its third quarter employment survey shows that the beginnings of a hiring recovery could begin this summer and early autumn. Manpower said its survey of 15,000 US businesses shows
      Reuter  -  368 words
    • Article, Illustration
      Lock icon Lamont sees faint stirrings of UK recovery
      368 9 Reuter LONDON Chancellor of the Exchequer Norman Lamont has said movements in the UK economy are consistent with his forecast of a recovery in the second half of this year and there are already "faint stirrings" to this effect. In a television interview
      Reuter  -  368 words
    • WORLD WATCH
      • Article
        French employers' group wants protection
        65 9 PARIS The head of France's employers' federation, CNPF, has said that basic European industries such as cars, electronics and textiles need temporary protection from what he calls Japan's abnormal competitive practices. Francois Perigot told French radio last Sunday that Japan had "competitive conditions that are
        65 words
      • Article
        Aussie current account deficit up
        63 9 SYDNEY Australia's seasonally adjusted monthly current account deficit jumped 70 per cent in April to A 51.61 billion (552.16 billion) after a worsening trade performance. The Bureau of Statistics announced yesterday that the figure, up from a revised As94B million shortfall in March, was due
        63 words
      • Article
        Thai-Viet oil deal on the cards
        79 9 BANGKOK Senior Thai government and petroleum officials have made an unofficial visit to Vietnam for talks on cooperation in finding and producing Vietnamese oil. "The official contact with Vietnam constituted a shortcut for Thailand in achieving a success in a move to explore and
        79 words
      • Article
        US drops demand: Manglapus
        70 9 MANILA Philippine Foreign Secretary Raul Manglapus says the US has dropped its demand for a 10-year treaty on its military bases in the Philippines and the two countries are nearing agreement on a compensation package. He said last Sunday that they were working out a compromise
        70 words
      • Article
        EC to discuss aid request
        85 9 DRESDEN European Community foreign ministers arrived in this German city last Sunday for a two-dav meeting in which they will discuss a sudden appeal by Yugoslavia for up to US$4.5 billion (557.97 billion) in new Western aid to keep its economy afloat. Sources said members
        85 words
  • Page 9 Advertisements
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      371 9 I ia I j^^jy y«' I J jßffiv -'--0 J If you're lcx>king for a head start in desktop And you needn't worry about sacrificing line productions, as well as sharper im; *ges. publishing, then the Epson EPL-7500 Adobe quality. Using the latest Adobe Postscript Rut if you already own
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  • Article
    A matter of attitude
    444 10 EDITORIAL THE WORLDWIDE Business Confidence Survey (BCS), data from which was reported in BT last week, had plenty of good things to say about Singapore's business conditions. But in the sea of general approbation, a few pieces of disturbing flotsam bobbed up. Business leaders told the
    444 words
  • WHAT THE OTHERS SAY
    • Article
      Human factor is the key
      237 10 IT IS usual, and by no means wrong, for Singaporeans to feel elated whenever an international survey praises the Republic's business and social conditions. However, to stop there would be dangerous. The fact is that whereas Singapore often emerges at the top of a survey
      237 words
    • Article
      Reaching out
      127 10 CLOSING the gap between Malay Members of Parliament and Malay constituents is on the agenda of the PAP Malay Affairs Bureau. The Bureau recently organised a closed-door meeting between Malay MPs and PAP Malay activists to kick off its reaching out programme. Dialogue with Malay grassroots leaders, organisations
      127 words
    • Article
      Watching the movies
      128 10 IT IS important to find out why young people join secret societies. Apart from being pampered and not properly disciplined by their parents, another possibility is the increasing pressure imposed by our very competitive education system. Those who have failed are easily led astray and some resort
      128 words
  • REGIONAL VIEWPOINTS
    • Article
      What can be done for NR
      149 10 THE natural rubber (NR) industry is indeed at the cross-roads in terms of charting its future course. If it wants to stave off being categorised as a sunset industry it must look for ways of rejuvenating itself. One is, of course, by developing new
      149 words
    • Article
      Developing timber estates
      137 10 THE timber estate project of PT Musi Hutan Persada a joint venture of the Barito Pacific group and state-owned PT Inhutani II in South Sumatra province fulfills almost all requirements for the ideal development project in a developing country like Indonesia. First of all, the venture is
      137 words
    • Article
      Blueprint based on fact
      194 10 THE main characteristic of the UN Conference on Disarmament Issues compared with another Kyoto Conference two years ago is a clear shift of emphasis in disarmament and arms control. Firstly, the so-called horizontal proliferation military buildups in Third World countries rather than vertical buildups and increases
      194 words
  • Article, Illustration
    Lock icon Not yet ready for the tourists
    747 10 The once-communist countries of Eastern Europe are now among the hottest spots for tourists. But the millions who head East will find that tourist facilities are not up to Western standards AFP TOTING credit cards and travel guides, millions of Germans. Americans and Japanese
    AFP  -  747 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      90 10 FOR SUCCESSFUL MANAGEMENT OF YOUR bus,me h L <^> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an
      90 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      52 10 DOONESBURY BY GARRY TRUDEAU Ilrsß&NAtmt.k ['mmmuchme/ RENtwep \ujaita wwrt I l£T5 CATCH UP I j HOUJABOUT Tht OTH&S?\ WSU&SCPIP- MIKSOOTHRtV* I nAQYcV 10 HON 10 ruurwn aud VM < TM JUST COM*# "dOK UFT' I PONT r ?£?!5L IM HOME ANPLM j Off A MAJOR ILOST TTMt SCOT > y
      52 words
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  • ANALYSIS
    • Article
      Lock icon How to make that business trip worthwhile
      822 11  -  Business travel is a form of investment. But the Gulf War brought home to many companies the fact that they could cut down on expensive business travel. Roger Collis reports Roger Collis IHT COMPANIES courageous enough to stay in and fight when everyone
      IHT  -  822 words
    • Article, Illustration
      A sad end to the Bob and Paul show
      1208 11  -  Bob Hawke has fended off a challenge to his leadership of the Labor Party. But Paul Keating will now stalk the premier from the backbenches. And this display of party disunity does not bode well for the Labor government. Florence Chong,
      1,208 words
    • Article, Illustration
      Lock icon US seeks changes at core of Japan's economic system
      669 11  -  The keiretsu plays a very important role in the way business is done in Japan. Linda Sieg reports Linda Sieg Reuter US PRESSURE on Tokyo to loosen the ties that bind its companies together is aimed right at practices many economists
      Reuter  -  669 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      TECH TAKES
      248 12 APPLE SINGAPORE will start selling Apple's new operating system, System 7.0, from next month. This is the latest step in Apple's strategy to reach out to more users, started by its launch of three low-cost computers last year and low-cost printers earlier this year. Developers have come up
      248 words
    • Article, Illustration
      Hongkong holds most potential for IT vendors
      723 12  -  Claire Leow focuses on North Asia in the first of a four-part series on Asia-Pacific's IT industry Claire Leow OF THE North Asian information technology (IT) markets, international vendors have succeeded in penetrating only Hongkong significantly. This is largely because Hongkong's indigenous IT
      723 words
    • Article, Illustration
      Centralised management is the way of the future
      395 12  -  Said Abdullah on the latest network management packages to hit the market Said Abdullah WHEN networking expands from LANs (local area networking) to WANs (wide area networking), which involves sharing of resources and information across LANs within a building, between cities and
      395 words
    • Article, Illustration
      PCs: the soft(ware) sell
      493 13  -  PC power alone won't sell a palm-top; but the right software could. HP's palmtop has the right stuff, but it may not hold the advantage for long, says Kenneth James Kenneth James A DECADE ago. it was Lotus' 1-2-3 spreadsheet that, more than anything else, sold
      493 words
    • Article
      Lock icon Software that allows video-image processing
      391 13 The race to develop multimedia computers rages on NYT APPLE Computer Inc was due to introduce software technology yesterday that would make it far easier for its Macintosh computers to display video images and animation, bringing closer the day when such features would become a
      NYT  -  391 words
    • Article
      Lock icon Can't find your way around? Try a CD navigator in your car
      287 13 Consumers can spoil themselves crazy with gadgets at a Chicago show AP A COMPACT disc that navigates a driver through unfamiliar cities and a car radio that changes stations on voice command are among the high-tech gadgets manufacturers
      AP  -  287 words
  • Page 12 Advertisements
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      164 12 THE ASIA PACIFIC CONFERENCE AND EXHIBITION ON ELECTRONIC DATA INTERCHANGE Wm m m MAKE A DATE EDKOM returns after iis successfuldebot lost ytar. GmfeiMcsspeakersfer Ais year jacUeMriMe EDI experftaedUN/EDtFA(TXapportewsfroinNeri America, Western E»r«pe,AusftaMte«Zeolond and JapanAingapoie. leek, tW, Ifceir lo'iestrange S —i j— proouas ana services. I If y«» with to stay
      164 words
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      Page 12 Advertisements Column 2
      359 12 B eal-time systems differ from traditional computer B B I tT\ applications in important ways; they are typically B B J "embedded" within other systems, there is often a B 19 JI T complex hardware interface, inputs may occur at B B unpredictable times, and response performance is often B
      359 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      334 13 ADVERTISEMENT Singapore Computer Systems proudly presents f NetFRAME and the "Guru of the Super Server," The new NetFRAME system is the world's 'first network mainframe,' a Super Server for PC-based environments. NetFRAME combines the high reliability of data integrity, computer power and security of mainframes with the flexibility and compatibility
      334 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Memories of June 4 linger on in Beijing
      693 14 Two years after the democracy movement was crushed in Beijing, many people from all walks of life still privately salute the protesters and their demands for a freer society AP The wife of a jailed dissident, walking to the prison one chill
      AP  -  693 words
    • Article
      Lock icon Remembering Tiananmen at the HK ballot box
      439 14 Reuter ECHOES of the gunfire that crushed student protests in Beijing two years ago have died in Hongkong but the memory of those killed or jailed for democracy lives on at the ballot box. When Hongkong people go to the polls in September
      Reuter  -  439 words
    • Article
      Lock icon Human rights abuses rampant in China: Amnesty
      280 14 Reuter SUMMARY executions, torture of prisoners, arbitrary arrests and unfair trials have increased sharply in China since the crackdown on prodemocracy protests in Beijing two years ago. Amnesty International says. "The international community's criticism of China's human rights record has become muted but
      Reuter  -  280 words
    • Article, Illustration
      Lock icon Fury over top British bosses' pay awards
      833 15  -  Top bosses in the UK are taking huge pay rises at a time when workers in a recession-hit economy are being told to curb wage demands or face the sack. Nicholas Moore reports Nicholas Moore Reuter ONLY the British could have put a
      Reuter  -  833 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      100 15 Interest for a Honda never ceases It goes beyond your own interest to buy a Honda Even if you have to sell one to buy another. Resale value is kept naturally high Honda truly inspires an unrelenting flow of economic interest Accumulating much savings and forever an interest A powerful
      100 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1074 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      1,074 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      724 16 TELEVISION AND RADIO T TnHprwflfpr fantaQv s Sr*—»• gSETL* business ON RADIO u iiuerwaier id.iiLd.sy ?s "j 6.30 PHI CNN International (I). J**!*" I"**1"** 7.30 Rambo (Cartoon). 7.lUam, 9.25 am, 1.30pm, 8.00 Nippon Risen Sun (See Our 9,30 JJ? ~~0 (m leagues g.OO National News (M) 5.30pm, 3.25 am: Financial
      724 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The Tony Awards Revue
      618 17  -  Mervyn Rothstein talks of winners and almost-winners at the presentation ceremony Mervyn Rothstein NYT THE Will Rogers Follies, a corn-fed, all-American extravaganza complete with rope tricks, a dog act and long-legged Ziegfeld chorines, marched off on Sunday night with six Tony Awards, including Best Musical of
      NYT  -  618 words
    • Article
      Bernstein family pays tribute to Leonard
      378 17 CHATTERBOX^ IT WILL BE a family affair on Friday at an Alice Tully Hall tribute to Leonard Bernstein, who died last Oct 14. Alexander Bernstein will stage a concert version of his father's opera. Trouble in Tahiti. Marin Alsop, a Leonard Bernstein protegee and
      378 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      253 17 AND ENTERTAIN Set Your Heart On Our Set Meals. uunch; ii 3oam ro I \f 2.30PM. kss. I "wEfKk*UtL K Pf RPERSi:)N t"'_gf DINWR <> 3CPM TO <_."** J#l 10 3CPM J14.50* 'IMko PtR PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set
      253 words
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      Page 17 Advertisements Column 2
      135 17 for the hath and the ducky J "sf. JH B^. -a. K««f for v a^WWBHWIi :'"Pd •>Wsr r Veil, it could also be the joy of the v H'. rN®£ *#4f?t luxuriously appointed bathrooms with jMBlv jfttijltti^/'' toiletries, magnifying '"•f mirror and stereo speakers a r 1 e com^orl perhaps
      135 words
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  • SPORTS
    • SIDE LINES
      • Article
        Swedish town to bid for Winter Olympics
        89 18 OSTERSUND, Sweden This Swedish town believes it can overcome the handicaps of history and geography to snare the J 1998 Winter Olympics. Ostersund is only 33()kms away from the Norwegian town of Lillehammer, venue of the 1994 Winter Olympics, and the Swedes face
        89 words
      • Article
        Maradona to stand trial
        66 18 NAPLES An Italian magistrate has ordered Argentine soccer star Diego Maradona to stand trial on June 26 on cocaine-possession and trafficking charges. Justice officials said on Sunday that the case against Maradona rested on evidence gathered from telephone wiretaps and on the testimony of a number
        66 words
      • Article
        Coody takes NYNEX
        55 18 SCARBOROUGH Charles Coody tied the US Senior PGA scoring record with a 17-under-par 193 total and won the US$4OO,OOO NYNEX Commemorative golf tournament on Sunday. Coody followed his course-record 62 in the third round with a final-round 65 over the 6,545-yard Sleepy Hollow Country Club course, beating
        55 words
      • Article
        Sainz leads in rally
        107 18 ATHENS The 38th Rally Acropolis got underway on Sunday with Spanish world champion Carlos Sainz in a Toyota Cellica, 4wd, winning the first and only special stage, a 4.5-km climb, in three minutes and 44 seconds. Timo Salonene of Finland was second with the same time
        107 words
    • Article, Illustration
      Lock icon Different strokes, same destination
      527 18 French Open AP PARIS One relies on power, attaeking on every shot and daring opponents to return the hall. The other is a strategic master who treats the court like a giant chess board. Andre Agassi and Michael Chang, the best American clay-court players of their
      AP  -  527 words
    • Article
      Lock icon Ballesteros wins British Masters
      238 18 AP WOBURN. England Seve Ballesteros, riding a sevenstroke lead entering the day, shot a 3-over-par 75 on Sunday and won the U*****,000 (SS 1.275.000) British Masters by three shots for his second victory in as many weeks. The Spaniard overcame early and late bogeys in wet
      AP  -  238 words
    • Article
      Lock icon Andrade clinches first golf tournament
      235 18 AFP MARYLAND Billy Andrade's goal was to win a golf tournament, but he never imagined he would have to beat his best friend to achieve it. Andrade, in his fourth year on the US PGA Tour, won the Kemper Open here on Sunday when he
      AFP  -  235 words
    • Article
      Lock icon Piquet sweeps to victory in Canada
      351 18 Reuter MONTREAL A boring race for Nelson Piquet turned into a thrilling finish when the front-running Williams of Nigel Vlanscll died on the final lap and the Brazilian swept to an unexpected victory in Sunday's Canadian Grand Prix. "Two laps before the end 1
      Reuter  -  351 words
  • Page 18 Advertisements
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      512 18 On Sunday June 16 j 01 SUNDAY JUNE 16 7:30 A.M. S I National Stadium West Entrance j The New Paper Big Walk'9l %Af A I IM 9A4 Locked Bag 10, Robinson Road Post Office, I Men's Women's Men's Women's Men Women Business Junior Junior Open Open Veterans Veterans House
      512 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII surges 11.4 points as buyers flock back
      5131 19  -  By Dexter Lee SHARE PRICES surged on the Singapore slock market yesterday amid bullish sentiments fanned b> the strong showing of the Dow Jones Industrial Average, which hit an all-time high of 3.027.50 points on Friday. All of the market's key indices
      5,131 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4285 20 Main Board SPH foreign I 300 50 *4 ICS. DBS Foreign 1410 140 2 9% SIX Foreign IS*) V> 16% (K BC Foreign 1170 20 17% Spore Bus! 500 800 i-20 12 6% Semb Shipyard 725 20 2.8% NOl Prct 10* 560 20 M.7% Ineheape
    4,285 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Sharp gains prompt investors to take profits
      4264 21 Bernama SHARES PRICES yesterday closed steady but off the day's higher as the market continued to consolidate after receiving better overseas leads. The KLSE Composite Index added 1.90 points to 631.44 while the Industrial Index gained 1.28 points to 1,193.62. Gainers led losers
      Bernama  -  4,264 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      404 21 I Sembawang Aims for the League The cash-rich Sembawang Group of Companies has embarked on an ambitious mission. It intends to transform itself into a "world-class" multinational corporation by the turn of M the century. Group chief executive Ng Pock Too insists the m marine-based group can do it, but
      404 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      356 22 Company Date Yaar Group Mat Nat earnings Grass ana to pralit/lats (L) par skara dMdaad COM) (cants) ABN Amro May 31 Dec 90 1 325bU 422b) 50(60) 58(57) Chem Ind May 31 Mar 91 $8.714($7.658) 39 7(34 9) 15(136) D8S Land May 31 Dec 90 *30.752(135.943 48(6.1) 4(4)
      356 words
    • Article
      DIVIDENDS ANNOUNCED
      1237 22 CwTMt Ex Ma Data Total for Total lor piymmt di|| elm psyskte t)w yur tost ytir A cma 51TE Jun 5 Jun 17 Jul 1 10%TE Amal Steel 50c 101 (S) May 16 May 31 Jun 7 10% 126% Boustead 50c 51(1) Apr 25 May 10' Jun 7
      1,237 words
    • Article
      PRELIMINARY RESULTS
      190 22 Company Date Y«ar Group pro-tax Not earnings Gross ann te proftt/loss (L) por sluro dMdood ('000) (coots) General Corpn May 29 Jan 91 M$14,271 ($1,4361) 18( M Plantations May 27 Dec 90 M$3,598($7,459) 20(2.8) 1(1) Uraphone Tel May 24 Jan 91 M$17,956($12,361) 14 3(7.7) 7(5) UK Tel May
      190 words
    • Article
      INTERIM RESULTS
      149 22 Company Date Half-year Group pro-tax Interim ann to profit/lots (L) dividend COOO) KL Kepong May 31 Mar 91 MJ45,437(J54.588) NYA(5) Weernes May 29 Mar 91 S21.878($28,406) 7(7) C&C May 17 Mar 91 $49,453(546.270) 5(4) Goodwood Park May 17 Mar 91 $14,753($15,208) 35(15) H Msta May 17 Mar 91
      149 words
    • Article
      CORPORATE DEVELOPMENTS
      387 22 )un« 3 Neptune Orient Lines has plans to list its Thai subsidiaries on the Stock Exchange of Thailand. May 30 Antah Hoidin(s Bhd sold 6 5m shares in Arab-Malaysian Merchant Bank Bhd through private placement on the open market for M541.91m (Ss26.Bm), reaping a net profit of*Ws26m OCBC
      387 words
    • Article
      RESULTS DUE
      958 22 Main Board Last Full Yaar Company Period Data Yaar Nat EPS Grots Nat anouncad amfct (cants) <fv profit bit yaar (f'OOO) Carabos Interim Apr 27 Jul 91 12.6 200TE(a) 38.911 Spore Land Interim May 4 Dec 91 126 100 44.641(g) Van dar Hont Interim May 21 Sep 91
      958 words
    • Article
      APPROVED ISSUES
      340 22 Company Rights Issue Mean One-for-two MSI00 per stare Issue of 40m Cumulative Redeemable P-eterence Shares (CRPS) of MSG 10 each at M$1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR tor every 4 CRPS Ex-date Jun 7 Books dose: Jun 21
      340 words
    • Article
      BONDS, LOANS & WARRANTS
      752 22 BONDS, LOANS WARRANTS CM m Before 26/4/93 1 warrant plus S3 09 cash Cauicwiy Loan Cawaway Wt 2/10/89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant plus $0.77 nominal amount of loan stock Ctuan Hq> Notes Cluan fi* Wt March 87 to 31/12/91 155 warrants plus $155
      752 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      975 22 Prices as at 03.06.91 Ctnmioa terms Premium/Expiry (dlscewrt) Amount Optional** using issued Company (mil Wrts Share Loan Con* Exer Lnstk Cask Cask. Loan Gearing. Date Mtks units) stock ratio price nom Stk Left value S < < C&C Wt 37 5 2 790 5850 1 00
      975 words
    • Article
      PROPOSED ISSUES
      488 22 Company Rights Issue Bolton One-for four MS2 00 per share Eu Van San( Two-for-one SI 05 per share H Loom M Two-tor five <a MS3 35 per share Issue of S2807m 5% Redeemable Unsecured Loan Notes on the basis of $1 nominal amount of Loan Notes for every
      488 words
    • Article
      COMPANY MEETINGS
      97 22 Dairy Farm international Hokfings Ltd: Special General Meeting at Top Floor, Jardine House, Connaught Road Central, Hongkong on Tuesday, Jun 4, at 12.10pm (Hongkong time). Kay Han James Capel Hokfings Ltd: Ist AGM at Oriental Hotel, Ballroom 2, 5 Raffles Avenue, Marina Square, Singapore 0103 on Tuesday, Jun
      97 words
    • Article
      RECORD HIGHS & LOWS
      190 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 tofh: 1333 08 3/6/91) 1991 Nfh: 1565.58 (3/6/91) 1991 tow: 1022 52 (16/1/91) 1991 tow: 1149 08 (16/1/91) 1990 high: *****3 (16/7/90) 1990 hiflc 1607 12 (27/3/90) 1990 tow: 981.07 (09/11/90) 1990 tow: 1079 50 (11/10/90) 1989 high: 1322 00
      190 words
  • Page 22 Advertisements
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      41 22 YOUR DAILY GUIDE (ZtadAt^ieet The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. C.A.T.S. I 737-116* M i
      41 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Arbitrage buying helps market to post gains
      2274 23 Reuter UPI TOKYO stocks finished higher on last minute arbitrage buying yesterday. After an early rise on New York's record high last Friday, the Nikkei Average declined after midscssion and spent much of the afternoon drifting in mixed territory on profit-taking and lack
      Reuter; UPI  -  2,274 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks close lower on political uncertainty
      1998 23 Reuter THE blue-chip Hang Seng Index fell 18.87 points to end at 3,688.14 after lacklustre trading yesterday. Brokers said many investors were sidelined by the uncertainties surrounding today's second anniversary of the bloody suppression of student-led protests in Beijing and the renewal of China's
      Reuter  -  1,998 words
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  • REGIONAL STOCK MARKETS
    • Aussie shares follow Wall Street rise
      • Article
        AUSTRALIA
        822 24 AUSTRALIAN shares finished higher yesterday after riding on the shirt tails of US stocks but taking little notice of Treasurer Paul Keating's resignation and his failed bid to topple Prime Minister Bob Hawke, dealers said. The All Ordinaries Index finished at 1,523.7 points, up 15.4 points from Friday's close,
        822 words
      • Article
        BANGKOK
        868 24 BANGKOK newspaper reports saying a dispute between the military and the government over a major telephone project was escalating revived political uncertainty and dampened market sentiment, brokers said. Prices of blue chips fell, pushing the SET Index down by 4.78 points to end at 803.41 on thin turnover of
        868 words
      • Article
        JAKARTA
        674 24 THE JAKARTA exchange yesterday failed to emerge from its by now habitual despondency, and brokers said they had a hard time staying interested. "What's going on in the market? Well, I'm playing a lot of golf," one broker said. The only glimmer of hope on the horizon was the
        674 words
      • Article
        MANILA
        561 24 PHILIPPINE shares fell on low volume yesterday as the public offer for blue chip Ayala Land Inc continued to draw money away from the stock market, brokers said. The Manila Stock Exchange Composite Index closed 26.77 points lower at 1,146.82. "The liquidity in the market is being sucked out
        561 words
      • Article
        SEOUL
        827 24 SEOUL'S stagnant stock market fell across the board in extremely thin trading with the composite index sliding to a new year low, brokers said. "Three lows pressured the market the lowest index, the lowest trading volume and the lowest customers' deposits in securities houses," said Daishin Securities' Yoo Hong-in.
        827 words
      • Article
        TAIPEI
        487 24 TAIWAN share prices finished mixed in narrow and sluggish trade yesterday as investors remained cautious, many staying away from the market, dealers said. The Weighted Index closed 20.42 points lower at 5,709.27 after rising 118.97 points or 2.12 per cent to end at 5,729.69 on Saturday. Turnover was a
        487 words
      • Article
        Untitled
        594 24 Close Previous June 3 SYDNEY All Ordinaries Index 1,523.7 1,508.3 -t-15.4 All Industrials Index 2.388.5 2,366 7 +21.8 All Resources Index 865.6 855.3 +10.3 Turnover (million) NA 105 BANGKOK SET Index 803.41 808 19 -4.78 Turnover (million baht) 1,800 2.600 -800 JAKARTA Composite Index 396.53 397.61 -1.08 MANILA Composite Index
        594 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      US dollar's general trend remains intact
      863 25  -  THE By David Gabriel Using technical methods the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit leveraged up to 10 times for trading in a portfolio of deiitschemarks, yen. sterling, Swiss francs. Nikkei Stock Index futures and Euro-yen futures. IT
      863 words
    • Article
      INTERBANK FOREX RATES
      395 25 Cross rates June 3 USS S$ MS Dm Yen i SFr AS NZS USS 1.7680 2.7605 1.7390 138.45 0.5889 1.4830 1.3158 1.7182 SS 0 5656 1.5614 0.9836 0.7831 0.3331 0.8388 0.7442 0.9718 MS 0.3623 64.05 0 6300 0.5015 0.2133 0.5372 0.4766 0.6224 Dm 0.5750 1.0167 1.5874 79.61
      395 words
    • Article
      MONEY MARKET
      551 25 Interbank rates S$ Bid" Offer Overnight 5 1/8 5 1/4 1-month 5 5/16 5 7/16 2-month 5 1/2 5 5/8 3-month 5 5/8 5 3/4 Overnight mode: 5-1/16 LS$ Bid Offer 7 days 5 15/16 6 1/16 1 month 5 15/16 6 1/16 2 months 5 15/16 6
      551 words
    • Article
      US$ on even keel in Tokyo
      669 25 REPORTS ASIA TOKYO: The US dollar yesterday closed little changed as dealer buying against the mark in late Tokyo trade pushed the currency back up to opening levels. "It's been a fairly quiet day," said Toshiya Kaneko. customer dealer at Toyo Trust Bank. "It's
      669 words
    • Article
      FINANCIAL FUTURES
      1169 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.90 9191 93.89 93.90 2500 ***** TttT Sep 91 93.63 93.66 93.63 93.64 9001 ***** 7816 Dec 91 93.20 93.20 93.18 93.19 1896 ***** 2139 Mar 92 93.03 93.03 93.02 93.03 1060 7338 1189 Jun 92
      1,169 words
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  • COMMODITIES
    • Article
      Lock icon Natural gas seen as supplying 25pc of energy needs
      432 26 Reuter PARIS Natural gas will meet most of the inerease in demand for energy between now and the year 2005, the International Energy Agency (lEA) said in a report published yesterday. Natural gas will contribute nearly a quarter of the world's
      Reuter  -  432 words
    • Article
      Lock icon M'sia launches robots in bid to save rubber plantations
      306 26 AFP KUALA LUMPUR Malaysia set 50 robots to work on a rubber research station near here last Friday in an experiment to prevent its plantations from dying as manufacturing industries lure workers away. Primary Industries Minister Lim Keng Yaik said he
      AFP  -  306 words
    • Article
      Kuala Lumpur tin price remains unchanged
      824 26 REPORTS THE PRICE of tin yesterday close unchanged from last Friday's finish of MS 15.25 per kg on the Kuala Lumpur Tin Market despite the US$4O per tonne rise on the London Metal Exchange last Friday. A dealer said: "The market is likely to
      824 words
  • Article
    PRICES
    1408 26 Rubber j un c 3 RAS jhfc In kattt) S cents/kg Noon Close Inl 1 RSS Prompt I46.50/I47.50N I46.25/147.25N Int I RSS July 91 148.00/148 50 147.75/148.25 Int 1 RSS August 149.50/150.00 149.25/149 75 Int 2 RSS OP I43.50/I45.50N 144 00/146.00N Int 3 RSS OP I4I.OOZI43.OON 142 00/144 OON
    1,408 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1139 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF ORCHID PLANTATIONS (PRIVATE) LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an E xtr aordinary General Meeting ot the Members ot ORCHIDS PLANTATIONS (PRIVATE) LIMITED duly convened and held at 201 C
      1,139 words
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      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1046 27 City Ma Dhabi Flight GA893 ETA 1235 Flight GA974 GA886 ETD 0005 0010 1.""* SQ228 2000 QF82 2200 1 GA893 KL837 SQ23 1025 1415 1815 GA886 SQ24 GA892 GA974 SQ24 KL838 0010 0100 0110 2025 2200 2240 Athens OA471 2205 SQ24 2200 Auckland NZ35 1550 SQ388
    1,046 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Where kids can stay for free
      670 27  -  POSTCARD FROM AMERICA By Betsy Wade KIDS Stay Free is a reigning theme in the hotel and motel business these days: close to 81 per cent of hotels in the United States now offer such a programme, according to the industry association, and the
      670 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.337 1.357 Canadian dollar 1.535 I.SS5 NZ dollar 1.020 1.055 Sterling pound 3.000 3.030 US dollar 1.7660 1.7760 Local dollars to 100 units of foreign currency Austrian schilling 14.30 15.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      79 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td June 5-7 Specialized for Graz, Grazer Messe ********** International High-Tech Austna Intentional L r™ 1 Exh.b.fon Innovation pmem Ccntrc Exhibition June 2nd International Centre Institute (541)*****40 June 7-10 International Milano E.A Fiera *****971 5-11 Exhibition On Municipal
      79 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      31 27 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens. Call *****77 for details. We know Kurupe from start to Finnish.
      31 words
    • Advertisement
      Page 27 Advertisements Column 2
      35 27 HIM w£& W s on 'y s x But Buddhists W V all over the world bow before him. He is said to be the The latest news much more. From lunch-time. Monday to Saturday.
      35 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      365 27 It's hard to understand |H what they see in people! _IH Hi 9 The story of a stuttering mmm mam nobleman 10 A breeder who has imagination? (7) 11 Not even fifteen and ~~|HB~ somebody's sweetheart? (4) 12 "Received with thanks" I I I I I I you know, should
      365 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      213 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Maximum temperature 28.5 Assoc humidity 86% Minimum temperature 23.5* C Assoc humidity 93% Hours of sunshine 0.00 Rainfall in mm 65.9 Rainfall this month 76.8 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      22 27 ONLY UILL PDUIEK U)haT-me— 9 P^THKOOGH Z AM i TWC day iT~J oekk' owME*--C EVENING STANDARD CO. LTD., HM-It9l 8439 B Vc>w»|
      22 words
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  • Article
    Lock icon Indonesia makes sweeping cuts in import tariffs
    396 28 Export of palm and coconut oil also deregulated AFP JAKARTA Indonesia announced sweeping trade deregulation measures yesterday, including tariff cuts on 887 imported products and the removal of nontariff import curbs on products such as food and steel. The Coordinating Minister for the
    AFP  -  396 words
  • Article, Illustration
    Lock icon No progress on second day of talks on Cambodia
    316 28 Reuter JAKARTA Talks between Cambodia's warring parties made no progress yesterday as the two sides argued over proposals by Phnom Penh to give itself a key position in a national reeonciliation council and make sure Khmer Rouge guerilla leaders never regain
    Reuter  -  316 words
  • Article
    Lock icon Thai bank to set up shop in Cambodia
    181 28 AFP PHNOM PENH Siam Commercial, the United Nations' bankers in Bangkok, yesterday became the first overseas financial institution to sign a joint venture pact with the Phnom Penh government. Top officials of the People's National Bank of Cambodia and the private Siam
    AFP  -  181 words
  • Article
    Lock icon Hanoi proposes rules for foreign banks to start full operations
    224 28 Reuter HANOI The state bank of Vietnam has submitted regulations to the council of ministers that will enable foreign banks to begin full banking operations in Vietnam, local and foreign bank sources said. The regulations would set the minimum capital
    Reuter  -  224 words
  • Article
    Four Aussie firms shortlisted to bid for Mekong project
    421 28  -  From Michelle Rowe in BANGKOK ECONOMIC ties between Thailand and Laos were strengthened this week with the announcement that four Australian construction companies are vying for the chance to build the first bridge across the Mekong River, which links China. Burma,
    421 words
  • Article
    Lock icon US investors violating Vietnam embargo
    377 28 UPI HONGKONG US investors are increasingly breaking an American economic embargo against Vietnam by funding projects in the communist nation through third parties, an Indochina market expert said yesterday. Mathilde Genovese, an American business attorney specialising in the Vietnamese economy, who recently spent three weeks
    UPI  -  377 words
  • Article, Illustration
    Playing with rates not in Hongkong's interest
    502 28  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong Correspondent T HE HONGKONG government is playing a dangerous game meddling with interest rates under the territory's fixed exchange rate regime. By raising the prime rate to 10.5 per cent, a
    502 words
  • Article, Illustration
    Allied forces move in to quell Zakho riot
    36 28 Allied military police had to be called into the Iraqi town of Zakho last Sunday after a riot broke out following a bid to burn the police station.
    36 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      5 28 JIL Baume Mercier GENEVE 1830
      5 words
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      Page 28 Advertisements Column 2
      100 28 JIL Baume Mercier GENEVE 1830 OUTSTANDING COMMERCIAL PROPERTY $A 7,320,000 -> TENANT Major electrical retailer I a RADIO RENTALS LTD. Wholly owned Jr PS subsidiary of Philips Industries Ltd, I fltt IB Wtkl iBWI Lfo i| commencing 30-6-89 RENT REVIEW Every two years to "'Tft the greater of market or
      100 words
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  • ShippingTimes
    • Article, Illustration
      Compania Chilena's FE service takes off finally
      506 29  -  By Magdalene Phang CHILEAN carrier Compania Chilena De Navegacion's (CCNI) service to the Far East is finally taking off after two previous attempts had failed. The company's Seaspac service, linking Singapore with Chile, eventually relaunched in December 1989. The monthly semi-con-tainer service, which
      506 words
    • Article
      Lock icon Philippines losing US$2b to poachers
      137 29 Reuter MANILA The Philippine Navy's acute lack of modern vessels is costing the government around US$2 billion worth of fish to poachers annually, the Navy said. Navy chief Rear Admiral Mariano Dumancas said their vessels were no match to the craft used by foreign fishermen
      Reuter  -  137 words
    • Article
      Lock icon Raise freight rates to promote newbuildings: shipowners
      436 29 Lloyd's List LONDON Leading European shipowners have warned that low freights are putting future investment in new ships in jeopardy. Freight rates would have to rise if shipowners are to be encouraged to build the next generation of ships, the shipping investment seminar
      Lloyd's List  -  436 words
    • Article
      Lock icon Japanese car manufacturers rushing to develop green cars
      716 29 Reuter TOKYO Japanese companies arc lurching forward in the race to develop "green" cars, spurred by market factors as much as or perhaps more than by concern for the environment, industry analysts say. "Japanese automakers are interested in jumping on the green
      Reuter  -  716 words
    • Article
      TWRA increases rates for commodity shipments
      300 29  -  By Selva Kumar MEMBER lines of the Transpacific Westbound Rate Agreement (TWRA) have adopted a new set of com-modity-specific rate increases as part of the agreement's 1991 rate programme. The increases according to commodity type, which took effect last Saturday, will be implemented every
      300 words
    • Article
      Lock icon US, Spain reach accord on expanding air services
      304 29 NYT SPAIN The United States and Spain agreed on Friday to allow American Airlines and United Airlines to begin service to Madrid on Saturday and to let Delta Air Lines fly to Spain from Atlanta. Under a memorandum of understanding reached by
      NYT  -  304 words
    • NEWS SUMMARY
      • Article
        A note off caution for shipyards
        30 29 SINGAPORE shipyards can expect to see even better times in the next two years, achieving profit growths of between 10-15 per cent. Page 2
        30 words
      • Article
        Finnair to scale down N American operations
        26 29 FINLAND'S national carrier, Finnair, will scale down its North America operations amid the current over-competi-tive prices there. Back Page
        26 words
      • Article
        Express Lines: the need for security
        38 29 IT IS A SAD fact, but nonetheless a current reality, that fcven greater attention to security concerns will increasingly become the order of the day in the air express industry Back Page
        38 words
      • Article
        Port takeover good for Mexican trade
        38 29 PORT facilities were operating normally on Saturday in the port of Veracruz, less one day after the Mexican government took over direct control of the union-run port authority, officials said Back Page
        38 words
      • Article
        Car makers search for cheap converters
        54 29 EVERYBODY wants a cleaner car, but surveys show that consumers don't necessarily want to pay more for it. Consequently, both manufacturers and customers are taking a keen interest in a new announcement by Nissan Motor which said it has developed a catalytic converter that
        54 words
    • LOG BOOK
      • Article
        SAS offering summer bonus plan
        62 30 BRUSSELS SAS International Hotels throughout Scandinavia, in Hamburg, Amsterdam, Brussels and Vienna are cutting vacation season hotel rates by more than half in the group's "summer bonus" plan. It is also launching a "bonus night" plan in which a guest will be eligible for a
        62 words
      • Article
        Ingalls wins US$9.9m contract
        59 30 BEVERLY HILLS, California Litton Industries said its Ingalls Shipbuilding division was awarded a US$9.9 million (S$ 17.5 million) US Navy contract, which with options could be valued at up to about $140 million. The contract is to continue engineering and support services for the Aegis guided-missile
        59 words
      • Article
        Romania opens highway tender
        57 30 BUCHAREST Romania has opened a competitive tender to foreign and Romanian companies to build a 180-km highway between Bucharest and the Black Sea port of Constanta, a transport ministry official said. Mihai Boicu, general director in the transport ministry, said the project would be split into
        57 words
      • Article
        4 missing in tanker explosion
        65 30 CAPE TOWN A crewman was killed and four others were missing after an explosion aboard a Liberian supertanker in the south Atlantic, South African rescue officials said. Twenty-seven crewmen were picked up after the accident on the 267,000-ton ABT Summer and were heading for the
        65 words
      • Article
        Airship buys fourth blimp
        69 30 ORLANDO Airship International Ltd has purchased a fourth blimp for its fleet from a subsidiary of Bond Corp International. The ship will be used for advertising and public relations purposes by a Fortune 100 client, it said. The company said with the installation of Night Sign,
        69 words
      • Article
        Amsterdam to hold Europort '91
        73 30 AMSTERDAM The Dutch city of Amsterdam will play host to the 25th Europort congress to be held form Nov 12 to Nov 16. Highlights of the event include the Second World Shipping Conference to be organised by the Financial Times Congress Organisation. Almost all exhibition
        73 words
      • Article
        Soviet freighter refloats
        44 30 LONDON The Soviet freighter Demyan Bednyy which ran aground on a sandbank just outside Esbjerg port was refloated, Lloyds Shipping Intelligence Service reported. The 14,170 dwt ship, carrying unspecified feedstuff from China to Esbjerg, managed to berth helped by local tugs.
        44 words
    • Article
      DAILY FREIGHTS
      640 30 THE FREIGHT market on Friday appeared calmer than in recent days but brokers said sentiment remained firm. The unexpected rise in demand for panamaxes in recent weeks should continue to boost rates, brokers said, adding that they cxpected fresh chartering demand would appear once the US has made
      640 words
    • Article, Illustration
      A note of caution for shipyards
      1090 30  -  Analysts speak to Rahita Elias about the prospects of Singapore's shiprepair industry, focussing on the projected future performances of the three major listed shipyards Jurong, Keppel and Sembawang Shipyards. Rahita Elias SINGAPORE shipyards can expect to see even better times in the next two
      1,090 words
    • Article
      TRANSPORT DIARY
      966 30 June 4-6: World Express, Amsterdam, Holland. June 5-6: Seminar on Bill of Lading, organised by Facs World Private Limited, Carlton Hotel. June 5-7: Marine Insurance Seminar, organised by Lloyd's of London Press Conference Department, Regent's Park Hilton, London. June 4-9: Compat '91 Sixth EDI Exhibition and Conference, organised
      966 words
    • Article
      THE SHIPPING GUIDE
      11531 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      11,531 words
    • Article
      SHIPPING AGENTS
      3309 43 Containerline NY: Belvn j Shpg Agencies Pte Ltd (Sy Marine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr L ine (PK/PN). Adkris Business Corporation Philippine: Cal source Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg <S). Vlbatros Sea-Air Service: Frata Shpg
      3,309 words
    • Article
      COURIER SERVICES
      250 43 Abacus C ouriers Tel: 545-8011. Fa*: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel 542-8844. Fax: *****16. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster link Supplies Services
      250 words
    • Article
      AIR FORWARDERS
      1518 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50 Air
      1,518 words
    • Article
      PORT CONDITIONS
      2013 44 ARGENTINA Buenos Aires: The dispute with the gantry crane operator spread to other machine/crane operators. The port was disrupted by union action. Although their demands have not been fully met, crane operators are working normally again. In the past few days arrival have outnumbered sailings and the port
      2,013 words
    • Article
      AIR FREIGHT SCHEDULE
      466 44 ARRIVALS Op Flight T>pe ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B707F 01 SO 1 SEL JAL JL6I7 B747F 0345 1 NRT RJA RJ024 B707F 1900 1 AMM/MCT CLX CV 796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997 DC8F 0240 I SYD
      466 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      659 44 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Berlinda: 77,300 dwt and built 1982, sold to London Greeks for USSIS.7 to USSIS.9 million. Broomer 43,813 dwt and built 1967, sold to Greek concerns for US$2 million. Tanta: 30,075 dwt and built 1973, sold to Greek
      Reuter; AFP  -  659 words
    • Article
      CRUISE & FERRY SCHEDULES
      308 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA L I U Ports of Calk Port Agent JUNE 04 04 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 07 08 Andaman Princess 1800 1100 Cruise-To-Nowhere Lines Int Holding 08 08 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 09 09
      308 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        528 45 BH» Arm* Dqmtn Ktwl »oy Hi Bgth kiM Dqmtn aSS*" Wh-I K34 alongs* 05 06/0600 JjSl!"" M7 M3B 04 2/0800 M 06/12 Frotasantos S9WB K32 atongsrte 0306/1300 J?**"" Ji 07 JJ SJS/52 tela Ftocean 2208E CIO atorojde 07 06/1200 Ob/91 M3C 04 06/1500 0406/230C STrUT 9W6 K31
        528 words
      • Article
        CONTAINER SCHEDULE
        841 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookmg/ltahnco tofts Ship Voy No Etb/Btr Period From To From Ace Concord 21W 05/0800 1 03/1500 03/1659 03/1900 2 03/1700 04/0659 04/0900 3 04/0700 04/1159 04/1400 ACX Lfr 11B 04/1630 1 03/1500 03/1659 03/1900 ACX Lotus 13A 05/1500 2
        841 words
      • Article
        IN MALAYSIAN PORTS
        243 45 Pmn Pwt Berth n Butlarvorth on Jim 4: 1: Nomadic Breeze; 2: Pattwn; 3: Malayan Success, Builder t 4: Kentonvale Star; 5: Swadaya; 6: ml. Pananc Mart NB: nil; C 8: Cipta Raya; SB: ml. BCT: Bl: Oh San Tok, Bl: Yang Chef* Hu; l/B: ml. WTP:
        243 words
    • Article, Illustration
      Finnair to reduce North American operations
      339 46  -  From Quak Hiang Whai in HELSINKI FINLAND'S national carrier, Finnair, will scale down its North America operations amid the current over-com-petitive prices there, a senior official from Finnair said. Henrik Arte, chief financial officer of Finnair, said in Helsinki it will concentrate on improving
      339 words
    • Article
      Air express: The need for security
      384 46  -  EXPRESS By Peter Flower The writer is the managing director for DHL Worldwide Express IT IS A SAD fact, but nonetheless a current reality, that even greater attention to security concerns will increasingly become the order of the day in the air express industry.
      384 words
    • Article
      Lock icon Car makers search for cheap converters
      275 46 Reuter LONDON Everybody wants a cleaner car, but surveys show that consumers don't necessarily want to pay more for it. Consequently, both manufacturers and customers are taking a keen interest in a new announcement by Japan's Nissan Motor, which said it has developed a
      Reuter  -  275 words
    • Article
      Lock icon Port takeover good for Mexican trade: businessmen
      416 46 UPI MEXICO Port facilities were operating normally on Saturday in the port of Veracruz, less one day after the Mexican government took over direct control of the union-run port authority, officials said. Importers and exporters hailed the government move, saying it would help
      UPI  -  416 words
    • Article
      Lock icon Manufacturers charge Japanese dumping minivans in US
      280 46 NYT DETROIT Faced with a continuing loss of sales to Japanese car makers, the Big Three have filed an anti-dumping petition with the government, accusing four Japanese concerns of importing minivans at unfairly low prices. The industry's action seemed sure to aggravate trade
      NYT  -  280 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      240 29 SSWEE HBVG METAL CO PIE LID 13, ru A3 AVE 14. StMOAPOfV 22M TELEX RB 20* 7« SHMCPL TEL: Ml M9S(SinM| mir/ui:MiaH <x muAomnnm EES sfntH ftL .[lll El 'Bmkwm ■M OWILiM ■anJtlW ww»jriimm' l L 3L 'CflnUM HM4MDW 9UN ««>nr fIH Wir*«m Tnxfc* aMk c**mrm n*| Mai Truck* >
      240 words
    • Advertisement
      Page 29 Advertisements Column 2
      51 29 Air Forwarders 15 Ar Fraght Schedule 16 Container Schedule 17 Couner Services 15 Cruse Ferry Schedules 16 Daily Freights 2 Index to Advertisers 3 Port Conttons 16 Sftppmg Agents 15 Shmpng Gurie 10,11 Sl*psates/Tai*er Rates 16 Ships in Port 17 Singapore Tries 17 Transport Diary 2 Weather and Sea Conditions
      51 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      7 30 Innovation Technology in Business Times every Tuesday
      7 words
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      Page 30 Advertisements Column 2
      79 30 NOTICE MM PT. PERUSAHAAN Pf LAY ARAN Umldamar 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
      79 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2383 31 IAROINE SHIPPING AGENCIES Cantonm«nt Road #12 05 Southpoint, Singapore 0208 All If/ tei *****11 telex no rs ***** Hffflra TERMINAL TH *****18 220 5R rPOwfll BOOKINGS TH *****34 258 k VW# >J PCSAKA JARDINE SHIPPING AGENCIES SON BHD RT KELANG TEL: *****18 TELEX MA*****/MA39/0) PENANG TEL *****4 TELEX NO MA*****
      2,383 words
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      Page 31 Advertisements Column 2
      927 31 INDEX TOMWRTjSERS P»((C Col l'a*c Col Maersk Line 3 4/5 MISC 14 1-3 M'sia Shpg Corp 9 1/2 ABC Containeriine '2 1 Mercury Line 12 2 Accord Group 8 1-3 APL 5 3-5 «MOL 18 4/5 APC Line 13 5 MOSK (Forest) 5 5 ASCL 5 I M& R Forwarding
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      Page 31 Advertisements Column 3
      1922 31 TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETD WEEKLY TOESDAY AND WEDNESDAY SINGAPORE/KODE 7 DAYS vessel Voy ETA I ETD "Port 'Penang DESTINATIONS Tlwa dm Mari* Maersh 9106 F««)ar by 2CS X9QE^99|SE 11/e oeoo mrs m pmio HI ■^^■■1 CFS 10/8 2359 MRS OAK IGB HOU
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      1224 32 nOTTEDAM/1 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 WMplMf LONDON EXPRESS 02/123 14/6 6/7 5/7 3/7 L MiMirNUSK, KITANO 08/323 16/6 7/7 5/7 4/7 9/7 HLAIK A PfNAM CAMO HAMBURG EXPRESS 03/124 20/6 11/7
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      Page 32 Advertisements Column 2
      698 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 20/7 3/8 6/8 7/8 Agents ttflf# SINGAPORE: 221*011 iWlf Jardine
      698 words
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      Page 32 Advertisements Column 3
      1474 32 J E—&MWfSr HMmSIB regular independent full CONTAMER SERVICE WC§T66und f6r EUROPE VSI/VOY SM ALG BCL NAM BRE ROT ANT FEL UM (VIA (MA (VIA ALG) HAM) ROT) NORASIA SINGA 9113-3 OS/0« 28/06 29/06 02/07 03/07 04/07 05/07 06/07 07/06 NORASIA AL MUNTA2AH 9114-3 14/06 04/07 03/07 07/07 08/07 09/07 10/07
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      Page 33 Advertisements Column 1
      2053 33 SjgSteamers Maritime Holdings Ltd P&O ATIV STRAITS SHIPPING tfaMaAM fa TOk Containers fijjSSVm^ »oy No Pm/ f Pkl S port »l| Sou Ant Rot Ht>, SIGMA MAESSA 110* 01 06 03 06 05/06 20/06 23/06 24/04 27/0 C ACCEPTS Ott SAA.S PENMSIftA* BAY 0521 01 06 03 06 o</06 25
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      Page 33 Advertisements Column 2
      2254 33 TO: U.S.AJPANAMA FM: U.S.AJPANAMA 9 OAK IGB CM FM U« NO* NYC NYC N0« »V CM 19 OU ST CHOYANG VICTORY J/J J/J 14/7 l»/7 19/1 «/7 7J/7 DS *<*»«»« 17/4 l»/« 11/4 S/S (/J 4/ CHOYANC ***** IH2J l»/7 12/7 21// j;/j n/1 M/l f N SfN To 117
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      Page 33 Advertisements Column 3
      363 33 WssMimLwmiFmjnummi STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA/NAGOYA/ YOKOHAMA AMBALIKA V62NB ETA SPORE 7/S/91 ETA PK 9/C/91 COSMIC LEADER VINB (MAIDEN VOYAGE) ETA SPORE 10/6/91 ETA PK 13/C/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLINTERMAmTIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK STORE PK
      363 words
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      551 34 MiiUii CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE T6 EUROPE VSI VOY rS POftT l RDAM ADAM H BURG BREMEN ANTWERP MATARAU2SWB [M 22/7 27/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subi«ct to Inducemanl. Also accepting cargo to Casablanca. Port Said. Port Alexandria, Ganoa, Trieste ALSO ACCEPTING BOTH CONTAINERS.
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      Page 34 Advertisements Column 2
      939 34 i& 38L HANJIN SHIPPING [Tp«7|LEH RTM AM) HAM MV FEL rEEDER VSL sm line hau. lgb oak HANJM LONGBEACH 033W 5/6 23/6 24/6 25/6 25 6 26/6 27-6 |HANJIN TONGHAE O»2E 10/6 DIRECT 1/7 4/7 HANJIN HONGKONG 029N 9 6 27/6 28/6 29/6 29/6 1/7 2/ fHANJIN FELIXSTOWE 008E 17/6
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      Page 34 Advertisements Column 3
      1335 34 I Hll SGP NRG KSC RIG PUS WT OS* NGY SM/ ITO Ul CHS Ml NYC UW WW RDM TW «G PSD CM (*l SGP I E GLEAMY tt-033 12/1 14/« 11/ C 20/S 21/1 24/1 21/1 21/6 25/1 30 6 1/7 12/7 24/7 26/7 21/7 «/l 7/1 1/1 5/1
      1,335 words
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      1970 35 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT: *****44/*****14 MMJV AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 9509 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 iHy m NEPIINE SDN BHD MALAYSIA K.L.-(03) *****33,
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      Page 35 Advertisements Column 2
      978 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 IKL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND -OtSCHARONG WCSTBOUNO LOAPWG TRANSHFPED VIA ROTTERDAM wans vor ml* wc »ot sh mi Iwc
      978 words
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      1313 36 QW W* ,f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W WT\ T EL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 M 4 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD 1 A MmJt JL A TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD
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      Page 36 Advertisements Column 2
      165 36 Continental Pacific snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK 10A0MG FOR ARROW AOKNTURE Sid SW ROW WIT FLU UK OURANtA I Sid ROW ANT/FLU/UK UNIT M In Pt 7/6 11/6 RDW ANT/FLU UK WORLD AMPHION 30/6 ROW ANT/FLU UK Loads Sibih Indonesia MULTIPORT AGENCIES (S)
      165 words
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      Page 36 Advertisements Column 3
      124 36 I S pore P Kelang Loading for I NEA EtPIS Ski 6/6 Antw/Rdm/UK/Nantes H [Spore Loading for I PAN GLORIA 12/6 Dubai, Dammam I MERCHANT PtLOT 15/6 Hodeidah/Jeddah/Aqaba I [Spore Loading for SAMMI SUPERSTARS Los Angeles Ne* Orleans/ I Charleston Norfolk Camden OCEAN FRIENO Los Angeles Ne* Orleans/ Charleston Norfolk
      124 words
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      Page 36 Advertisements Column 4
      1173 36 PHILI-ORI€NT UN€S PT€ LTD 100 ROBINSON ROAD »oroo GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/225)800 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAK E ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION JUN Montreal. onAWA. Toronto, 12 JUN DUBAI DAMMAN, SHARJAH. DOHA.
      1,173 words
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      Page 37 Advertisements Column 1
      1558 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SESSSSSS U tt UK/ Plt Building, 140 Cecil Street HKXMX). Singapore 0106. JAKARTA 1 [BANGKOK 1 VESSEL VOY SIN JKT SIN ufssel VOY SIN BKK SIN EQUATOR MAS 06N 7/6 9/B 13/6 KOTA PAHLAWAN 9121 5/6 S/6 12/6 HAI QUANG 9108 8/6 11/6 PEGASUS PROGRESS
      1,558 words
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      Page 37 Advertisements Column 2
      1011 37 BEN UNE 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 PRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon 178 7/6 24/6 25/6 27/6 28/6 Jutlandia 176 7/6 29/6 30/6
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      Page 37 Advertisements Column 3
      559 37 MYANMA pHBk FIVE STAR LINE I (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdg PAGAN ¥171* 8/10 lun AVA VIOBW 16/18 lun BANK LINE (A Mrvice of Andrew Weir Shipping) U SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA SPORE FOR CHEFOO V6S
      559 words
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      760 40 TO AUSTRALIA/NEW ZEALAND VSI in fr«n Mxb ls»d Uuck TSpf If CHAIM C rtHOtMl 272 15 6 22/6 ITi 2/7 TJT~~ 57? ANTWIRPEN 273 2t 6 5 7 10 7 14/ 7 20/7 23/7 25/7 MARTHA I 275 5 1 11/8 15 lt/l 24 1 2t/S 27/1 IutiTSjoiGITr"TsT"TFT ?Fi i~5
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      Page 40 Advertisements Column 2
      836 40 EXPORTS TO HONGKONG. TAIWAN JAPAN TWICE WEEKLY MALACCA STRAITS FEEDER SERVICE OUTBOUND VQY PKL PNG )KT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY |SM |PKL PNG BLW SJN ACX DAISY 14 16 6 7 6 14 6 18 6 19 6 20 6 ICEBftD jT" ~66 T5
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      Page 40 Advertisements Column 3
      303 40 P T_ PERUSAHAAN~ PELAYARANJ I )J& KALIMANTAN DIRECT WEEKLY SERVICE TO i JAKARTA/T6. PRIOK I Vessel CTA/tTD KSTINAIION I I NIAGA XXI Voi 12/91 S/4 km lakartj Palembanj I I NIAGA XXI Voy 13/91 7/1 km lakarta Palemeanj I I NIAGA 42 Vo» 9/91 11/12 km Jakarta Palembanf I NIAGA
      303 words
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      Page 40 Advertisements Column 4
      1473 40 S CHINA OCEAN SHIPPING COMPANY TOLL CONTAINER LINER SERVICE til 2, MISTRI ROAD. HMC BUILDING TELEX r. R v S 0S #15 00, SINGAPORE 020/ f**: Ml« 6 CR NO: **********0 M CABLE. COSTARLINE General Agents: 006 TAR SHIPPING PTE LTD TO HOMQKONQ ANO CHINA PROM HONO KOHO AND CHUiA
      1,473 words
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      1330 41 IfrAll RICHFIELD MARINE AGENCIES (S) PTE LTD gQ TEL: *****33 (12 Lliwa) L-. fax: *****15/*****03 UKC COMVPrnOHAI WttVICE [pjj TELEX: RS ***** RISKIP (3 Lines) Vtsstl PKI PNG P G Loading few rgr\ ETHIOPIAN SHIPPING LINES CMHA mi cowtawm m'ici 1 (National Lines of Ethiopia) VesMl SGP PKL BKK HKG
      1,330 words
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      Page 41 Advertisements Column 2
      1057 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM t T A CM SPORE PORT KELANG KNANG MUI lUK It 6 loading lor MM RUVAI HUDHU 15/6 Uad>ng tor Calcutta 3CXPHW Sarfed loading For Ma." PIONEER SUPREME 15/6 loading For Mate DONAHUE* 10 6 loaded for Feliwaru PROGRESS I BEST*
      1,057 words
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      Page 41 Advertisements Column 3
      433 41 thir-IK VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER BAY 161N M PORT 10-12/06 lt-19/06 TWER STAR 162N 13-13/06 19-21/06 27-27/06 KJRIISK 162 A 16-16/06 23-25/06 01-01/07 VSL VOY SMQAPORE/CALCUTT A/SMQAPORE VESSEL VOY SM CAL UN TIGER RIVER 131CNB 06-06/06 11-13/06 19-20/06 LHOTSE 403 11-12/06 It-20/06 26-27/06
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      1247 42 MAC-NELS SINGAPORE I export TIL *****22 WPOHT TEL *****02J 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) ***** —IV/ VU
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      Page 42 Advertisements Column 2
      370 42 BLUE STAR LINE U^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING PCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT MICK ITT PKMER 12$ In Pt 11 Jun Via NPI
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      Page 42 Advertisements Column 3
      1103 42 iC THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 MHKT TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel Ivor leta liest vessel vor eta pest KIM SOON
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      Page 43 Advertisements Column 1
      47 43 i i i i f i 1 1 1 i 'i' i 'i i r*r"i i a r i —i —r—I —r —i 1 EVERSTAR AIR FREIGHT PTE LTD v Vyr»-*- M /1| I H-7( HX I SIX'( HI: I T E .L:. 74T7177''; FAX: 749 2302
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      187 44 SIGNIFICANT SHIPPING 1 LCL CONSOLIDATION SERVICES I DUBAI. BAHRAIN. DAMMAM, MUSCAT, ABU DHABI. DOHA. SHARJAH. BANDAR ABBAS AND JEDDAH ETA SIN 8/JUNE, 12/ JUNE. 21/ JUNE, 28/ JUNE HOCHIMINH. DANANG, NHATRANG, CANTHO. VUNGTAU, HAIPONG. QUINHON ETA SIN 7/JUNE, 11/ JUNE, 14 JUNE PIRAEUS. LIMASSOL, TRIPOLI/LIBYA, TRIPOLI/LEBANON, BEIRUT/CXJZAI, ISTANBUL. IZMIR. TUNIS.
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      Page 44 Advertisements Column 2
      117 44 ■jpjL. $^w-'I^HRSB^HBSI^V^T¥% ScaJpeLscissors_sutures_ BusinessTmes Whether you're a surgeon, lawyer, contractor or engineer. all the current trends that affect them. you yed to be kept well Informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same way a surgeon needs his tools
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      317 45 TIDES AND WEATHER "■■•■■.••(l. MaMl.wi "n HrrTTTT~'Wr-IMMllWlM»mir"'«»«n llWlHll—nilirni TODAY'S TIDES (height in metres) HOIIt 0000 0100 0200 0300 0400 0500 0600 0700 MOO ****************************************1900 2000 2100 2200 230 C JR 2.1 2.6 2.9 Z9 17 2.3 1.7 12 09 0 7 06 0.7 1.0 1.4 1.8 2.0 2.1 2.0 1.8
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      753 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST I Fgp« voT m PKE SW IIK HAW. VOT LBH OAK SEA LIU HAUL VOT TCM/SEA PTL I NAN HAI 203 014 02/06 03/06 05 06 H. EXPLORER 40C 01/07 04/07
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      Page 46 Advertisements Column 2
      48 46 i OFFICES MACOLINEfS" SSSUr PORT KELANC 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VtSSfL StfT PG SIN PTm 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 BRUT ANN 5/6 PANJANG
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      Page 46 Advertisements Column 3
      111 46 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 20
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