The Business Times, 5 June 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Wednesday, June 5, 1991 75'
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  • NEWS SUMMARY
    • 54 1 JAKARTA Cambodian factions ended three days of talks yesterday with no sign that the Khmer Rouge was prepared to extend a ceasefire due to expire today. "As far as the main thrust (of the talks) is concerned, we've made no progress," said an official
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    • 50 1 TAIPEI Taiwan's exports surged to a record high in May, fuelled by strong demand in China and some other major markets. Trade officials predicted further growth. Exports rose 21 per cent to US$6.Bl billion (about S$ 12 billion) in May from U555.63 billion in April.
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    • 27 1 VISITORS to Asian Aerospace '92 may get a glimpse of the sophisticated hardware used by American forces in the recent Gulf War Page 2
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    • 41 1 FOREIGN investors who may be lured by a more liberal investment policy in the Philippines are likely to wait for the next government and its economic policies to be in place before deciding to invest, say legislators Page 7
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    • 41 1 US President George Bush has made a step towards granting farm credits and trade benefits to the Soviet Union but is being cautious on sending cash to help bail out the teetering Soviet economy Page 8
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    • 35 1 JAPAN'S direct investment overseas fell in the year to March for the first time in eight years, due to a slowdown in economic growth and a rise in interest rates Page 9
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    • 26 1 MAJOR Japanese banks, along with their Western counterparts. are likely to expand dol-lar-based lending to South Korea for some time Page 9
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    • 31 1 HAVE you heard the latest? A group of psychologists is studying the anatomy of the rumour. in the hopes of finding ways to control it Page 13
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    • 27 1 REPORTS of containers "disappearing" from the Port of Singapore Authority's yard recently have raised some questions about the port's security Shipping Times Page 1
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  • MARKETS SUMMARY
    • 36 1 WALL STREET took a nosedive on the opening bell yesterday and then bounced around in erratic early trading. One hour into the session, the average stood at 3,015.88, down 19 45 from Monday's close.
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    • 27 1 SHARE PRICES slipped slightly lower in subdued trading at midday yesterday. At 1145 GMT, the FTSE 100 Share Index stood at 2,510, down 5.8 points.
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    • 25 1 MBf HOLDINGS has acquired a controlling 32.39 per cent stake in adhesive tape maker Samanda Holdings for M 545.36 million Page 3
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    • 39 1 MALAYSIAN property developer and contractor YTL Corporation will emerge as the largest shareholder of Malay-sia-Siam Royal Mail Ltd, which will operate the "Orient Express" luxury train service between Bangkok, Kuala Lumpur and Singapore Page 3
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    • 43 1 A SEVERE cement shortage in Indonesia has made it necessary for Indonesian cement manufacturer P T Semen Cibinong to raise USSIOO million in the local financial markets for the expansion of its cement plant in West Java Page 6
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 750.73 -0.98 Kuala Lumpur ....625.76 -5.68 Tokyo 25.556.86 -355.75 Hongkong 3,667.62 -20.52 Sydney 1.509.8 -13.9 Monday Change New York 3.035.33 +7.83 London 2.515.8 16.3
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    • 22 1 Exchange rates USS SS 1.7710 100 Yen SS 1.2746 MS SS 0.6396 Money market rates Overnight 4-7/8% -1/4 3-month 5-1/2% -1/8
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    • 36 1 London Gold AM fix USS362.00 USS0.50 Rubber S'pore July 148.50*/kg M'sia July 230.00Vkg +1.50 KL Tin Turnover 40 tonnes +18 Spot MS 15.36/kg +0.11 Crude palm oil Turnover 974 lots +432 June M5777 /tonne -4
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  • 486 1  -  Ministry understood to be taking over old Mindef hq By Lilian Ang THE Foreign Affairs Ministry-, which has for some time been scouting for new premises. is planning to shift to the old Ministry of Defence (Mindef) headquarters in Tanglin. Sources say
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  • 457 1  -  Not wise to let wage rises lag behind productivity gains, say authors By Kenneth James AN INDEPENDENT study of productivity in the Singapore economy finds the government's long-term economic growth target "somewhat conservative" and questions the objective of keeping wage growth lower than productivity
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  • 156 1 Reuter VIENNA Opec ministers will meet in the last week of September to decide on production levels for the last three months of the year, according to Opec secretarygeneral Subroto. Both Mr Subroto and oil ministers, leaving an opening session here of their summer conference,
    Reuter  -  156 words
  • 347 1  -  By Shoeb Kagda SINGAPORE companies have in recent weeks received letters from Nigeria seeking partners in schemes to transfer large sums of money into foreign hank accounts. The letters are signed by different people and the sums of money involved vary,
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  • 442 1 FT WASHINGTON The worst of the US recession may be over, economic figures indicated on Monday. The purchasing managers' index, a closely-watched gauge of US industrial conditions, rose sharply in May, signalling economic expansion for the first time since the recession began late
    FT  -  442 words
  • 99 1 CAREER DIPLOMAT VK Rajan is expected to fill the vacant post of Singapore's High Commissioner to New Zealand. Mr Rajan is currently the Chief of Protocol in the Ministry of Foreign Affairs. He will serve a three-year term in New Zealand.
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  • Page 1 Advertisements
    • 228 1 EXECUTIVE I PLACEMENTS g *****62 Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 World News 8,9 Cryptic Crossword 25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial. Financial News 6 Regional Stock Markets 21 advertising and circulation ex Futures
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    • 8 1 Saudis reject calls to curb production, Pg 8
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  • HOME NEWS
    • NEWS ROUNDUP
      • 97 2 SHELL, CALTEX and BP last night raised their pump prices of both unleaded and leaded petrol by 4.2 cents a litre and diesel by 1.2 cents. The pump price of Super Unleaded (Shell), Techron 97i Unleaded (Caltex) and BP Super Unleaded is now 120.3
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      • 78 2 A GRANT of $12,300 from the Commemorative Association for the Japan World Exposition will be presented today to the Singapore Polytechnic by Toru Nagatsuka, Director/First Secretary, Information/Culture, Embassy of Japan. The grant, which is funded by the Japan World Exposition Commemorative Fund, will be used
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      • 99 2 THE Muslim Religious Council (Muis) will be presenting awards to Muslim youths who have rendered outstanding service to the religion and the Muslim community. Muis said the award presentation will become an annual event as part of the New Year's celebration in the Islamic calendar. The
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      • 69 2 THE governor of the US state of Montana, Stan Stephens, yesterday began a three-day visit to Singapore, leading a group of eight state officials on an Asian trade mission. While in Singapore, Mr Stephens will address the American Business Council on "Montana's Emerging Environmental Remediation
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      • 78 2 JES, the first privately-owned airline of Bulgaria, made its first maiden Asia-Pacific flight and landed at Singapore Changi Airport yesterday. JES Air, formed in August 1990, will operate two weekly scheduled services between Sophia and Singapore via Dubai using an Airbus A3lO aircraft. The aircraft will
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    • 336 2 US hardware used in Gulf War may be part of display VISITORS to Asian Aerospace *92 may get a glimpse of the sophisticated hardware used by American forces in the recent Gulf War. At a briefing yesterday, the deputy managing director of Asian Aerospace Pte
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    • 302 2 SINGAPORE-TURKEY trade relations will get a shot in the arm in the next few weeks. Early this month, George Abraham, secretary-general of the Federation of Singapore Chambers of Commerce and Industry, will be in Turkey to speak at a "How to do
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    • 225 2 MORE THAN half of the 114 units in a condominium project to be launched tomorrow have already been taken up. Apartments at Duneam Gardens, being developed by Japan's Tokyo Dome Corporation, near Newton Circus, are going at prices ranging from $545
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    • 243 2 TRADE information and statistical analysis at your fingertips that is what the Singapore Indian Chambers of Commerce (SICC) is offering the local business community via the EPC-NET. Called the Time Series Trade Statistics Analysis Database, it gives EPC-NET users access to trade statistics
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  • Page 2 Advertisements
    • 602 2 Now everyone loves a camera with new What an idea. less cramped. ideas. But why on earth should a camera make To make this happen,of course, the lon had Truly a lightweight idea. V presentations for us? to throw out a lot of useless old ideas. And for those who
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 409 3  -  Group is a whisker away from mandatory general offer By William Chia MBf HOLDINGS has acquired a controlling 32.39 per cent stake in adhesive tapes manufacturer Samanda Holdings for M 545.36 million. MBf. in a statement to the Kuala Lumpur Stock
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    • 234 3 SINGAPORE Shipbuilding and Engineering's (SSE) shiprepairing performance was a pale shadow compared with the outstanding turn-outs by its shipbuilding and engineering sectors. Turnover of shiprepairing. which used to be SSE's leading industry segment, fell 12 per cent to $36.84 million last year from 541.75 million in
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    • 308 3  -  By Elaine Koh STRAITS Steamship Land appears to be betting on a turnaround in the Australian property market with a move to buy out Comrealty, its 50-per-cent partner in the Sydney Bavswater Village project, for AS 1.35 million (551.79 million). The
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    • 232 3  -  By Amy Balan MALAYSIAN property developer and contractor YTL Corporation will emerge as the largest shareholder of Malaysia-Siam Royal Mail Ltd (MSRM), the company that will operate the "Orient Fxpress" luxury train service between Bangkok, Kuala Lumpur and Singapore. Called
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    • 234 3 COMPUTER-EQUIPMENT supplier Acma Ltd plans to introduce six new products over the next 12 months as a result of its research and development activities. The six products are: energy-efficient electrical and water radiators; an energy-ef-ficient heat pump, which can operate under minus
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    • 563 3 MBT KUALA LUMPUR For the first time since the launch of the second board in November 1988. total market capitalisation of the companies listed on it has zoomed past the MSI billion (SS64O million) mark. The increase came on the back of more
      MBT  -  563 words
    • COMPANY BRIEFS
      • 110 3 SINGAPORE Cold Storage has opened its ninth outlet, which has South-east Asia's first chloroflourocarbon-free refrigeration system. The 1,500 sqm King Albert Park store cost Cold Storage $2.5 million to furnish, inclusive of the $1.3 million system. Touted as the most advanced supermarket in Asia, it
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      • 85 3 HONGKONG Dairy Farm International Holdings is in a strong financial condition, according to its chairman Simon Keswick, who was speaking at the group's annual general meeting yesterday. "Our three major businesses in Australia. Hongkong and the UK continue to show good growth," said Mr Keswick. "This
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      • 44 3 KUALA LUMPUR Pelangi Bhd's proposed purchase of a 38.03 per cent stake in Taman Gunong Hijau (TGH) from IGB Corp has received approvals from the Foreign Investment Committee and the Panel on Takeovers and Mergers on May 25.
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      • 72 3 KUALA LUMPUR Menang Corporation has received the approval from the Foreign Investment Committee for its proposed acquisitions and restricted ofTer for sale of the following: Kelana Jaya Land. Hitung Panjang Sdn Bhd, 10 per cent of Maztri Padu Sdn Bhd, 49.3 per cent of Menang Saujana
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      • 46 3 KUALA LUMPUR Sime Darby Bhd. in reply to a KLSE query, said that discussions are in progress on the possible disposal by subsidiary Sime Darby Philippines Inc. of its 40 per cent stake in a company operating cocoa plantations in the Philippines.
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  • Page 3 Advertisements
    • 167 3 I II call vou again tomorrow i I rom the hotel. J < ANA HOTEL SINCAPORE i. \UM\ Ks ;iM o. ft THE SUITE LIFE AS DEFINED BY SHERATON UTAMA. When you book into the Darussalam Presidential Suite or any of our other suites at Sheraton Utama, we give you
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  • REGIONAL COMPANY NEWS
    • 488 4  -  Redevelopment of Sydney shopping eentre will cost Asloom From Florence Chong in SYDNEY KINGSGATE International Corporation has submitted plans to an inner Sydney local council to redevelop its Birkenhead Point shopping centre, estimated to cost more than AS 100 million (S$ 133.9 million). In the plans
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    • 478 4 BANGKOK Two Shinawatra Computer Group subsidiaries plan to invest more than 4.3 billion baht (***** million) over the next three years to expand the operations of the 900 MHz cellular mobile telephones and cable TV units, the Bangkok Post reported on Monday. Group
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    • COMPANY BRIEFS
      • 75 4 WELLINGTON Fletcher Challenge Ltd announced yesterday that it will not go ahead with a sale of shares in its wholly-owned unit. Natural Gas Corp Ltd. until after a public offer of shares in Telecom Corp of New Zealand. It said in March that it planned
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      • 55 4 TOKYO Asahi Chemical Industry Co Ltd's electronics subsidiary has tied up with Advanced Hardware Architecture Inc of the US to develop large-scale integrated circuits (LSIs). A spokesman for Asahi Kasei Microsystems Co Ltd said yesterday that the two companies aimed to jointly develop LSIs for
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      • 63 4 JAKARTA The Astra group is ready to build an 800 MW power plant in Karawang. West Java, at a cost of about 1.2 i trillion rupiah (551.09 billion). Beni Subianto. a director of the group, said on Monday that a feasibility study was being
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      • 80 4 HONGKONG Hongkong's China Light and Power Co ltd plans to raise a HKSI.S billion (*****.1 million) trans- ferable loan certificate (TI.C) facility, sources at Chase Manhattan Asia Ltd, the loan arranger and underwriter, said on Monday. The five-year loan will carry an all-in interest spread
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    • 233 4 JAKARTA Indonesian state-owned Perumtel needs more than two trillion rupiah (551.84 billion) in paid-up capital to start operating as a healthy limited company. The Jakarta Post on Monday quoted Perumtel president C'acuk Sudarjanto as saying that a minimum of two trillion rupiah in paid-up
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    • 479 4 Reuter TOKYO Finance firms indirectly related to two blue-chip Japanese brokerages and two building companies unwittingly bought memberships in, or lent money to, a golf club run by a crime syndicate chief, company spokesmen and officials said on Monday. "It's true that Heisei Finance
      Reuter  -  479 words
  • Page 4 Advertisements
    • 416 4 On Sale Now! Business! WAks conflict in Sooth K«»rc.» ('tunpuicrs lo Kruiv;t ihc language gap Singapore and H**ns: tn leieomix race Thailand** »hi\k\ i*y\ uHP H In this issue... Indonesia takes off South Korea: Politics versus economics Telecoms: Asia's city state rivals Marketing: Thailand's whisky thirst How computers are learning
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    • 692 4 SINGAPORE INSTITUTE OF MANAGEMENT 1 I (1) COMPUTER PROJECT MANAGEMENT WORKSHOP I July 9 -12,1991 Sslolo SIM members/*****5 non-members I ITo give EDP managers, project managers, user analysts and all users who feel frustrated I with their present EDP relationships a back-to-square-one workshop on PROJECT I I MANAGEMENT with the
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  • INTERNATIONAL COMPANY NEWS
    • 417 5 Move comes after strong pressure on Bank of England FT LONDON Control of Harrods Bank, the banking arm of the fashionable London store, was transferred on Monday from the House of Fraser to a company of independent trustees in an operation
      FT  -  417 words
    • 187 5 Reuter CHICAGO Medtronic Inc is comfortable with fiscal 1992 analyst earnings estimates ranging from US$5 (558.85) to U555.35 a share. "We're comfortable with that range," said William George, president and chief executive officer of the Min-neapolis-based company, on Monday. "We see continuing growth in all
      Reuter  -  187 words
    • COMPANY BRIEFS
      • 107 5 HAMBURG Deutsche Shell AG, the German unit of the Royal Dutch/Shell Group, made a 1990 group net profit of 357.9 million marks (*****.5 million) after a loss of 98.5 million the year before. Management board chairman HansGeorg Pohl told a news conference on Monday that
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      • 77 5 LONDON Coats Viyella pic chairman Sir David Alliance said the company's results remained depressed due to UK recession, depressed demand from Brazil and lingering effects of the Gulf War. "We do not see any solid evidence of any upturn," he told the annual general meeting in
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      • 101 5 PETALING JAYA A leading Norwegian firm involved in mineral resources exploration is conducting a feasibility study to set up a Msl billion (Ss64o million) aluminium smelter plant at Bintulu with the Sarawak government. Norwegian ambassador to Malaysia Eirik Glenne said on Monday that The study, which
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      • 94 5 PARIS France's Total-Cie Francaise des Petroles is not in a hurry to raise capital, finance director Jean-Pierre Halbron said in a newspaper interview. "We are not in a hurry to go to the market," Mr Halbron said in an interview with the weekly
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      • 61 5 LONDON Boots Co pic, Britain's leading drugs-and-hcalthcare retailer, will report higher annual profits tomorrow but may sound a note of caution about its trading outlook. Analysts expect pre-tax profits for the year ended March 31 of around £350 million (551.05 billion) after property disposal profits
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      • 66 5 MONTE CARLO Ing C Olivetti C SpA's computer orders rose by more than 25 per cent in May over the previous year, after falling 10 per cent in April, chairman Carlo De Benedetti told a news conference yesterday. He attributed the extreme fluctuations in
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    • 170 5 Reuter BRUSSELS Belgian chemical group Solvay et Cie SA expects a dip in 1991 results compared with 1990 but cash flow should be stable this year, Solvay's chairman of the executive committee, Daniel Janssen. told shareholders. "Up to this point, it seems that the
      Reuter  -  170 words
    • 300 5 Reuter COPENHAGEN Danish brewing group Carlsberg A/S said it expected 1990/91 annual profits to reach the same level as the previous year. Carlsberg said in a statement with half-year results announced earlier that its full-year figures could be affected by structural changes underway
      Reuter  -  300 words
  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • 449 6  -  By Hong Lee Tiam SINGAPORE A severe cement shortage in Indonesia has made it necessary for Indonesian cement manufacturer PT Semen Cibinong to raise US$lOO million in the financial markets here for the expansion of its cement plant in West Java. Domestic consumption
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    • 358 6 Reuter HONGKONG A group of foreign banks, headed by the Hongkong and Shanghai Banking Corp and Japan's Dai-Ichi Kangyo Bank Ltd, won the mandate to arrange the first commercial loan for the People's Bank of China, the country's central bank. Anthony Russell, area
      Reuter  -  358 words
    • 331 6  -  By Magdalene Pang SINGAPORE Frenchbased Credit Lyonnais group, which plans to facilitate the flow of capital and technology between Europe and Asia, has stepped up its presence in the region through various joint ventures and acquisitions. Among the group's various plans for the
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    • 169 6 Reuter NEW YORK Quotron Systems Inc, a unit of Citicorp, said it and 12 major banks have begun a joint project to develop an automatic matching and execution system for foreign exchange trading. Traders at participating banks are now testing proto- types of
      Reuter  -  169 words
    • 254 6 SINGAPORE Londonbased consultancy group PA Consulting has introduced financial consultancy services to its operations in Singapore and Malaysia to tap the growing financial market in the Asia-Pacific region. In a statement yesterday, PA Consulting said it will place its emphasis on Singapore because of
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    • SMALL CHANGE
      • 109 6 NEW YORK Non-US bond markets have outperformed US treasuries since the end of 1990. a study by J P Morgan and Co shows. The study said on Monday that while all bond markets had posted healthy returns since January, the Spanish market was the
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      • 63 6 SEOUL South Korea's state-run Export-Import Bank of Korea will launch a USSIOO-million (SSI7O million) syndicated loan in Hongkong, bank officials said. The funds will be used to extend foreign currency loans to domestic companies. a senior bank official said. The five-year loan will carry interest
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      • 85 6 LONDON Saudi Arabia's quasi-state agencies are expected to borrow steadily from the international capital markets to make up for a shortfall in official funding, a senior British banker said. David Douglas-Home, chairman of Morgan Grenfell International bank, said at a conference on Kuwait on Monday: "There
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  • Page 6 Miscellaneous

  • THE REGION
    • 324 7 Foreign investments will have to await outcome of elections Reuter MANILA Foreign investors who may be lured by a more liberal investment policy are likely to wait for the next government and its economic policies to be in place before deciding to put money in
      Reuter  -  324 words
    • 490 7 AFP Reuter CANBERRA Australia's Minister for Primary Industries and Energy, John Kerin, was sworn in Tuesday as Treasurer to replace Paul Keating, who resigned after failing in a bid to replace Prime Minister Bob Hawke. In a cabinet reshuffle. Mr Hawke promoted
      AFP; Reuter  -  490 words
    • 357 7 Reuter BANGKOK The European Community and Japan have joined the US to put pressure on Thailand to stop the pirating of music tapes, while negotiators on the two sides of the industry lock horns over how to resolve the dispute.
      Reuter  -  357 words
    • 277 7 Bernama KUALA LUMPUR A labour shortage is one of the main issues confronting Malaysian agricultural primary commodities this decade and, until more effective laboursaving technologies are available, the plantation sector will have to use foreign labour. Datuk Dr Yusof Basir, the Primary
      Bernama  -  277 words
    • NOTE BOOK
      • 87 7 BANGKOK The first Sino-Burmese trade fair has opened in a northern Burmese town bordering China, state-run Radio Rangoon said on Monday. The radio, monitored here, said the trade exhibit and emporium opened on May 28 at the Mu-Se Hotel in Mu-Se township, about 1,100 km north-east
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      • 55 7 MEXICO CITY A group of business leaders and trade officials from Thailand arrived in Mexico on Monday for a four-day visit aimed at promoting bilateral trade, the Mexican Foreign Ministry said. Trade between the two countries reached US$29 million (Sssl million) in 1988 and $132
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      • 72 7 MANILA Real growth in Philippine gross national product (GNP) fell to just over 1.0 per cent year-on-year in the first quarter of 1991 from 6.2 per cent in the same period in 1990, Finance Secretary Jesus Estanislao said. "Initial estimates for the first quarter of
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      • 67 7 MANILA The government plans to cut its controversial import levy to 7 per cent from 9 per cent in August and totally phase it out by December, Finance Secretary Jesus Estanislao said. He told reporters the cut in the import tax was hinged on the
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    • 180 7 Reuter LOS ANGELES A senior Hongkong trade official on Monday urged the US to renew China's status as a Most Favoured Nation (MFN) to avoid disruptions in international and local trade and business. If MFN is withdrawn, there will be "profound implications"
      Reuter  -  180 words
  • Page 7 Advertisements
    • 148 7 H/r? \~Jime does stand still far some things in life. For more than 90 years now, one hotel in Singapore has defied time to retain its old world grandeur. Yet it offers every modern amenity that time has advanced. A t the Goodwood Park, we have always measured progress not
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  • THE WORLD 1
    • 615 8 Inflation expected to slow over next 18 months AP PARIS Economic activity in the US is expected to recover smartly in the second half of this year, and inflation should slow steadily over the next 18 months, the Organisation for Economic Cooperation
      AP  -  615 words
    • 465 8 Reuter WASHING TON US President George Bush has made a step towards granting farm credits and trade benefits to the Soviet Union but is being cautious on sending cash to help bail out the teetering Soviet economy. On Monday, Mr Bush
      Reuter  -  465 words
    • 217 8 Reuter TOKYO Japan wants stricter checks on abusive an-ti-dumping actions and a complete ban on unilateral trade measures from the Uruguay Round of global trade talks, government officials and private economists said yesterday. Few economists believe the current round of the
      Reuter  -  217 words
    • 306 8 Reuter DRESDEN Germany, facing huge costs to breathe life into a moribund former communist economy, has appealed to its European Community partners to invest in its depressed new eastern states. In an unprecedented sales pitch to the foreign ministers of the
      Reuter  -  306 words
    • 374 8 Reuter VIENNA Saudi Arabia, the world's biggest oil exporter, rejected calls to curb production and help boost prices as Opec prepared yesterday to chart its strategy in the aftermath of the Gulf crisis. Saudi Oil Minister Hisham Nazer, arriving to attend the
      Reuter  -  374 words
    • 393 9 Britain bucks trend with 30pc rise FT TOKYO Japan's direct investment overseas fell in the year to March, for the first time in eight years, due to a slowdown in economic growth and a rise in interest rates. Investment in the
      FT  -  393 words
    • 343 9 Reuter TOKYO Major Japanese banks, along with their Western counterparts, are likely to expand dollar-based lending to South Korea for some time, banking sources. "Japanese banks are increasing lending to Korea as loan margins are widening and the outlook for capital
      Reuter  -  343 words
    • WORLD WATCH
      • 78 9 NICOSIA German companies are to build a power plant and port facilities in the Iranian island of Qeshm and take part in a series of mining and other projects. The Iranian news agency Irna on Monday quoted Iran's Mines and Metals Minister, Mohammad Hussein
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      • 84 9 OTTAWA Negotiations to carve out a giant free-trade /one covering Canada, the US and Mexico will start formally next week in Toronto. Canadian Trade Minister Michael Wilson would meet US Trade Representative Carla Hills and Mexican Trade Minister Jaime Serra Puce on June 12
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      • 97 9 BONN Germany wants the seven leading industrial democracies to put together an aid package for Moscow to make it easier to invite Soviet President Mikhail Gorbachev to next month's Group of Seven summit. Government sources in Bonn said on Monday that before Mr Gorbachev's
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      • 66 9 TOKYO Capital investment by Japanese companies is expected to rise 9.2 per cent to 20.4 trillion yen ($261.1 billion) this year. The International Trade and Industry Ministry said on Monday that capital investment by the manufacturing sector was forecast to climb X.4 per cent to
        66 words
    • 173 9 Reuter OSAKA A tall in land prices will be good tor the Japanese eeonomy in the medium term. Japanese Finanee Minister Ryutaro Hashimoto said on Monday. He told hankers at the International Monetary Conference here that overseas fears that a fall in land priees might
      Reuter  -  173 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • 469 10 EDITORIAL AN AMAZING number of Singaporeans, after a full day's work, go to class or swot at home. Apart from good food and great buys, the other Singaporean penchant must be the pursuit of paper qualifications. Those who by circumstance did not make it to university
    469 words
  • WHAT THE OTHERS SAY
    • 264 10 WHILE the memory of the hundreds killed at Tiananmen Square two years ago does not lend itself to puns, a eertain thought is irresistible: The students and their supporters were trying to fit square pegs into round holes. The pegs, of course, were made of a
      264 words
    • 133 10 THF. recent survey on Malay lifestyle by the SPH Research and Information Department reveals the spending habits of a cross section of the communi- ty. Coupled with the findings of the 1990 Population Census, a general picture of the Malay standard of living and material aspirations can be
      133 words
    • 139 10 WE CANNOT say Prime Minister Goh Chok Tong's concerns are without basis. But we feel that today, due to the development of Singapore's language and education policies, almost everyone accepts that English is the most convenient and "neutral" language in a modern, commercially vibrant city. The use of
      139 words
  • REGIONAL VIEWPOINTS
    • 130 10 MINISTER of Forestry Hasjrul Harahap recently called on the businesses along Jakarta's main thoroughfares to help with the improvement of the city's slum areas because the responsibility to do so not only lies with the government alone. As long as rural people find no opportunity for
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    • 154 10 DR MAHATHIR'S reluctance in wanting to fully commit Malaysia in the resolution of the fishing dispute with Thailand stems from the fact that Kelantan state where the most number of encroachments occur is under the Parti Islam Malaysia (PAS) opposition state government. The Malaysian premier is presently
      154 words
    • 161 10 THE EUROPEAN market integration to be completed by the end of 1992 is expected to produce many benefits. At the same time, however, we still cannot be totally rid of concern about the possibility of the unified market erecting an exclusive and protectionist wall. There are
      161 words
  • 819 10  -  A 1 O Labita Jr reports from Manila on the projects that Gordon Wu of Hopewell Holdings has lined up in the Philippines Al O Labita Jr ASK some foreign businessmen in Manila about investment prospects and they'll tell you it's a wait-and-see game.
    819 words
  • Page 10 Advertisements
    • 151 10 y T< a 4 4 PLAN THE PERFECT WEDDING BY TOE SINGAPORE RIVE IF! The scene is set for your most dramatic moment. BH HlvfnMlfl Take your place amidst the magnificent Tudor-styled ■i 3Sfi% A*? architecture, surrounded by the grandeur of historical landmarks. You're about to have the time of
      151 words
  • Page 10 Miscellaneous
    • 76 10 DOONESBURY BY GARRY TRUDEAU MIKE'S BEEN LAIC? OFF jf I NEVER HAD TO DO THIS BUT WHEN I LOOK AT THIERS I /juarruA BEfCffE THEZE MEFE- A SOME, ITLOOKS 50PUNY! WHAT 171 BUMMEP TRYING TO ZHUON LA<bT VMS HAVE IDONE UJITH MY Uft ZIP' I (AJAHTTOQO I UMi.HKV MAK£MY I
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  • ANALYSIS
    • 767 11  -  Next month's budget is likely to hit middle and upper income earners hard as New Zealanders may have to start paying for services they once got free, says Michael Field Michael Field AFP APOLITICAL firestorm is heating up in New Zealand
      AFP  -  767 words
    • 991 11  -  A just-completed study throws new light on productivity in the Singapore economy. In the process it reveals useful insights into the process of economic growth in the Republic, says BT's Economics Correspondent Kenneth James Kenneth James IF PRODUCTIVITY were only measured by output during office hours,
      991 words
  • Page 11 Advertisements
    • 256 11 W m&im JKKm I Jp)l^ idP?jißWK*,** jJ?Ji L\^S^Bm r WWw-' i *g|gß^^K^,# w r New opportunities in a greater Europe. In less than two years, Europe will be- In our vital home market, unitied Germany, *****11, Telex: *****, Telefax: *****18. come the world's largest single market. our solid footing is
      256 words

  • Page 12 Advertisements
    • 152 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisinc. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. I A iMKMHKR OK CI)L I lOTKUS tif >ni •MNCJUSWI I
      152 words
    • 250 12 DIANXIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu, treat yourself to all the Dian Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am 2:3opm for lunch, and 6:3opm 10:30pm for
      250 words
    • 266 12 We've spiced up Happy Hours. fWith renditions of old hits that'll whizz you back to the 50s a Ifc'dil* Kivjd 07W1W 2 < #**>ll Savour The Splendour of Canton v hainaN 1 1 AT THE CAFE ALADDIN S Authentic Cantonese Hainanese cuisine will be served at the s ©Cafe AJaddin
      266 words
    • 326 12 mRE If you thought The Belvedere's Italian buffet was just tflH jJC pasta, you're in for a huge surprise. For our HBll extravagant buffet will tempt you with over 60 other Iran specialities from Italy. Buon Appetito! 9K We serve the world to you at The Belvedere. H9j Italian Buffet
      326 words
  • Page 12 Miscellaneous
    • 828 12 TELEVISION AND RADIO r I Via T"\lo\7' S Cl 1205 j 9.25 kduarga ithnin. business on radio AAAC 1 1 VkSlvlvil I S pidy 7.W AMCHN International (I) SBCB loiS BBC, 89.9 mHz in VMF Band II PM CNN International (L). 5.50 PM Ghanamirtham/Sathnagai 10.50 Entertainment Television 7.10 am, 9.25
      828 words

  • LIFESTYLE
    • 699 13  -  Daniel Goleman on psychological research on rumours and how this is a start to controlling them Daniel Goleman NYT DID YOU hear? This woman trying on a coat in a department store put her hand in the pocket and was bitten by a
      NYT  -  699 words
    • 571 13  -  Edwin McDowell on what computers have done for book retail Edwin McDowell NYT WHILE some publishers are singing the blues at the convention of the American Booksellers Association, which ended yesterday after four days at the Jacob K Javits Convention Centre in Manhattan, many book retailers
      NYT  -  571 words
    • 370 13 CHAfHRBOX TRIUMPHANT after winning his third Tony Award on Sunday night, Hinton Battle walked from the MinskofT Theatre in New York over to the gala supper at the Marriott Marquis and was promptly refused entry. Hinton, of Miss Saigon, won for outstanding performance by
      370 words
  • Page 13 Advertisements
    • 201 13 AND ENTERTAIN Eyft ENTERTAINMENT ■Bfflfgj- SUNDAY TO THURSDAY COV^CtIARGE T? Specially tailore^ packages for birthdays, anniversaries, I baby's-first month and other joyous occasions. Gifts special privileges included. -"Ste z? jfip* 7 ifispPFor more details, call our Banquet New FVrk Hotel Sales Executive at *****33. HOLIDAY INN PARK VIEW IS WORTH
      201 words
    • 212 13 SUMMER SEDUCTIONS j k \m Cool and cold culinary temptations to seduce your summer palate including Cold Crab "Teochew" Style, Fresh Asparagus on Ice, China China Drunken Chicken, Rainbow Cold Dish Combination and many more. Prices from $B.oo+ CHINA CHINA RESTAURANT Jk MARINA BAY GOLF AND COUNTRY CLUB *.W MARINA
      212 words
  • Page 13 Miscellaneous

  • THE LAW PAGE
    • 395 14  -  David Gabriel on why an alliance like Globalex is seeking partners in the region David Gabriel A STRATEGIC alliance of four law firms from Germany, France, the US, and the UK is on the lookout for new partners from the region. The alliance, which calls itself Globalex,
      395 words
    • 951 14 CASE, LIM HIN HOCK v ONG JIN CHOON and KHOO MUI CHYE Court of Appeal of the Republic of Singapore, Civil Appeal No 116 of 1987, Justices Yong Pung How CJ, Lai Kew Chai and Choa Hick Tin. At a taxi stand in
      951 words
    • 642 14 A COMPANY car registered in the name of the employee driving it legally belongs to the company, ruled Justice Chan Sek Keong recently. In giving the car to the employee to drive, the company had no intention of transferring either legal or
      642 words
  • Page 14 Advertisements
    • 98 14 Thanks to HP, now an open book. l|P»r v. O MH* >ftC* V >" jJpS? v ,r Everything you ever wanted to For a five ropy of the HP Guide to Open know about Open Systems fin Systems, attach y«Hir business card and real terms, not jargon, written by mail,,r
      98 words

  • SPORTS
    • 632 15 French Open AP PARIS It was just another day at the office for Stefan Edberg a lopsided victory, a place in the French Open quarter-finals and a tightening of his grip on the world No 1 ranking. But, as usual, nothing to brag about. Edberg,
      AP  -  632 words
    • 350 15 NYT NEW YORK There was a time when you could identify the best golfers in the world by glancing at the PGA Tour's official money list. But with top players like Nick Faldo, lan Woosnam, Jose-Maria Olazabal and others now having decided
      NYT  -  350 words
    • 262 15 AP TORONTO Dr Jamie Astaphan, who prescribed steroids for sprinter Ben Johnson and other athletes because he feared they "would kill themselves" if they continued to administer their own treatments, was suspended on Monday from practising medicine for 18 months and fined US$5,OOO. Astaphan
      AP  -  262 words
    • SIDE LINES
      • 128 15 LAUSANNE A boycott by the Greek Olympic Committee of events marking the 100 th anniversary of the modern Games has not stopped the lOC from offering assistance to the nation which served as host of the first games. The Greek Olympic Committee said
        128 words
      • 74 15 LAS VEGAS Thomas Hearns made sure that his retirement suit remained in mothballs on Monday night by ending Virgil Hill's four-year reign as World Boxing Association light heavyweight champion with an easy unanimous decision. There were no knockdowns in the bout at an outdoor stadium at
        74 words
      • 80 15 CAPE TOWN A radical South African sports group on Monday threatened to torpedo the country's return to the Olympics. South African Council on Sport (SACOS) president Joe Ebrahim said: "We are decidedly not... in favour of the lifting of sports sanctions. Sport must be used as
        80 words
      • 76 15 NEWPORT, Rhode Island Former top 10 tennis player Johan Kriek, who has been off the tour for a year because of surgery to his right elbow, will begin his comeback at the Hall of Fame Tennis Championships in July. Kriek, 33, won the tournament in 1981
        76 words
      • 68 15 ATHENS Frenchman Didier Auriol, driving a Lancia Delta, took the lead on Monday on the second day of the gruelling 1776.5-km Acropolis Rally after covering the 432.3km leg with an elapsed time of 1 hour, 23 minutes 53 seconds. Juha Kankkunen of Finland was second, also in
        68 words
      • 93 15 BARCELONA The head of the International Olympic Committee, Juan Antonio Samaranch, says he has "total confidence" in security at the 1992 Barcelona Olympics, despite a bloody terrorist campaign which claimed nine lives near here last week. The bombing of a civil guard barracks at Vic, some 50
        93 words
  • Page 15 Advertisements
    • 194 15 Eric Lawrence Managing Director. Digital Equipment Singapore Ptg LtJ I Global Corporations... Use Global Resources "When you're doing business on an international scale, it's vital to have every business advantage it your fingertips. And the American Express" Corporate Card gives me and my staff significant resources tor doing better business.
      194 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4847 16  -  By Dexter Lee PROFIT-TAKING yesterday shaved most of Monday's gains, sending share prices lower across a broad front in thin trading. Brokers said most investors stayed on the sidelines for lack of fresh factors. Conflicting signals from overseas markets also fanned uncertainty. Wall
      4,847 words

  • 4113 17 Main Board SIA Foreign 1910 4-20 1.1% DBS 12 AO +-20 H.7% Gold Coin 320 +12 3.9% GE l ife 1450 flO 0.7% Straits Trading 294 +7 +2.4% OCBC 890 +5 +0.6% Keppel Corpn 800 5 0.6% OlIE 740 5 +0.7% Singmanne 50* 550 5
    4,113 words

  • BT SHARE INFORMATION SERVICE
    • 360 18 Company Date Yur Group Net Net earnings Gross 'nil to profit/loss (L) per share dividend (000) (cents) HBN Amro May 31 Dec 90 l,325b( 1.422b) 5 0(60) 58(57) Chem Ind May 31 Mar 91 $8 714($7.658> 36 la(31 7a) 13 6a( 1? 4a) DBS Land May 31 Dec
      360 words
    • 1248 18 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 5%TE tun 5 Jun 17 Jul I 10%IE Amal Steel 50c 10%(S) May 16 May 31 Jun 7 10% 12 6% Boustead 50c 5%(I) Apr 25 May 10 Jun 7 5%
      1,248 words
    • 199 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/less (L) per share dividend (000) (cents) General Corpn May 29 tan 91 M$14,271($1.436l) 1.8(—) M Plantations May 27 Dec 90 M$3,598($7,459) 2.0(2.8) 1(1) Umphone Tel May 24 Jan 91 M$17,956($12.36l) 14 3(7.7) 7(5) MK Fel May 22
      199 words
    • 170 18 Company Date Half-year Group pre-tax Interim ann to profit/lost (L) dividend (000) Pacific Can Jun 3 Mar 91 $30($68L) Van der Horst Jun 3 Mar 91 $1.517($1,836) KL Kepong May 31 Mar 91 MJ45,437(154.588) NYA(5) Wearnes May 29 Mar 91 $21.878(S28.406) 7(7) C&C May 17 Mar 91 J49,453($46,270)
      170 words
    • 367 18 June 3 Neptune Orient Lines has plans to list its Thai subsidiaries on the Stock Exchange of Thailand May 30 Antah Holdings Bhd sold 6.5 m shares in Arab-Malaysian Merchant Bank Bhd through private placement on the open market for M541.91m (Ss26.Bm), reaping a net profit of Ms26m
      367 words
    • 396 18 Company Rights Issue Alcorn One-for-two (a MSI 00 per share Issue of 10m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date Jun 7 Books close:
      396 words
    • 851 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term far one ordinary start CtC W1 Before 26 4 93 1 warrant p*us $3 09 cash CauMway Low Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus $0 77 nominal amount of loan stock Chan 4a)
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    • 742 18 Main Board Last Full Year Company Penod Date Tear Net EPS Gross Net announced endng (cents) drv profit last year (J000) Cerebos Interim Apr 27 Jul 91 126 20 OTE(a) 38.911 Spore Land Interim May 4 Dec 91 12.6 100 44 641(g) Avwno Interim Jun 8 Sep 91
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    • 1094 18 Prices (as at 04.06.91] Conversion terms Premium/ Expiry I I I I I (discount) Amount' Optional** using issued h f t Company (mil Wrts Share Loan j Conv Exer Lnsth Cash Cash. Loan Gearing. Date Mths units) stock ratio price nom Stk, Left value 7 C&C
      1,094 words
    • 554 18 Company Rights Issue Bolton One-for four (a M$2 00 per share Issue of $90 978m nominal amount of 3S< Redeemable Unsecured Guaranteed Bonds 1991 96 with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three emsting shares held Every $2 nominal
      554 words
    • 104 18 Inno-Pacific Holdings Ltd: 17th AGM at 141 Market Street, 13th Floor. Inno-Pacific Building, Singapore 0104 on Wednesday, Jun 5, at 2.30pm. Hongkong Land Hktfs Ltd: Special GM at Top Floor, Jardine House, Connaught Road Central, Hongkong on Thursday, Jun 6, at 12.10pm (Hongkong time). Wepco Ltd: 18th AGM
      104 words
    • 204 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 high: 1333 08 3/6/91) 1991 1565 58 (3/6/ 1991 tow *****2 (16/1/91) 199 K 1149 08 (16/1/91) 1990 h«h: 1435 43 (16/7/90) 1990 *h: 1607 12 (27/3/90) 1990 low: 981 07 09/11/90) 1990 low: 1079 50 (11/10/90) 1989 hifh: 1322
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  • Page 18 Advertisements
    • 37 18 YOUR DAILY GUIDE 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. 737-116* m
      37 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4345 19 Bernama SHARE PRICES yesterday closed lower as investors continued to take profits ahead of today's public holiday and after the recent sharp advance. The Kuala Lumpur Stock Exchange Composite Index fell 5.68 points to 625.76 while the Industrial Index eased 1.74 points
      Bernama  -  4,345 words
  • Page 19 Advertisements
    • 278 19 NOTICES i i HONG FOK CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-Third Annual General Meeting of HONG FOK CORPORATION LIMITED will be held at the Company s Registered Office at 360 Orchard Road #07-08 International Building. Singapore
      278 words
    • 276 19 M TIIK MAITHS OK TIIK OMTimi ACT, car. AND IN TIIK MATTKK OK MIKDIIA rKADINO I'll LTD (Incorporated In the Kepuhllr of Singapore) At an Extraordinary General Meeting of Members of Mocoda Trading Pte Ltd duly convened and held at 315 Oulrain Koad 15-08, Tan Boon Mat Building, Singapore 0316
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  • TOKYO STOCK EXCHANGE
    • 2218 20 TOKYO STOCKS finished lower yesterday on a futures related sell-off, as arbitrageurs unwound positions after June Nikkei-225 futures closed at a discount to the cash Nikkei average on Monday. The early drop was not extended, and subsequent trade was light, with little movement.
      2,218 words
  • STOCK EXCHANGE OF HONGKONG
    • 1993 20 Reuter THE blue-chip Hang Seng index fell 20.52 points to end at 3,667.62 yesterday after dull trading. Uncertainties surrounding the day's second anniversary of the Beijing crackdown on prodemocracy protests and the renewal of China's most favoured nation status kept investors
      Reuter  -  1,993 words
  • Page 20 Advertisements
    • 32 20 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate 1 I 1 1 Read chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      32 words

  • REGIONAL STOCK MARKETS
    • Aussie, Taipei shares slump; NZ surge
      • 820 21 AUSTRALIAN shares slumped in dull trade yesterday as continuing politieal uncertainty and poor profit results pushed investors into the wings. Brokers said institutional portfolios had become fully weighted after recent heavy trading, which added to the pressure already felt by poor performing stocks. "People have taken a step back
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      • 870 21 A REAL ESTATE company's plans to buv six million shares of a finance com- pany pushed up prices in the finance group and the Thai stock index rose yesterday. The SET index ended 7.25 points higher at 810.66 on a turnover of 2.24 billion baht. Tanayong, a real estate
        870 words
      • 470 21 TAIWAN share prices finished lower across the board yesterday, hit by worries over the island's worst drought in a decade, dealers said. Turnover dropped to its lowest level in over two months. The weighted index closed 123.83 points (2.2 per cent) lower at 5,585.44. Turnover was NTS3O billion against
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      • 821 21 SEOUL stocks ended only slightly lower yesterday after late institutional buying offset selling pressure stemming from tight liquidity constraints to support the psvchologically important 600 level. "The composite stock index shed 3.92 to 601.19. Turnover was again thin at 53.0 billion won from 51.63 billion on Monday. "The only
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      • 628 21 JAKARTA stocks closed mixed in dull trading yesterday. Many investors kept on the sidelines, putting pressure on some shares. The official index fell 1.40 point to 395.13. Cable company Sucaco dominated the market with 365,000 shares traded. It closed 900 rupiah lower at 11,200. Nickel mining Inco closed unchanged
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      • 93 21 THE New Zealand share market posted its second consecutive big rise yesterday in line with Wall Street's record close, but the local rally faltered in the afternoon as Australia eased on leadership woes. "It's just a bounce-back from an oversold market situation," said Buttle Wilson institutional dealer Neville
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      • 535 21 PHILIPPINE stocks finished mixed yes- terday as Wall Street's record-breaking advance and a need for money to buy Ayala Land's share offer tugged at market sentiment on both sides. Manila's composite index gained 3.09 points to 1,149.91. "People aren't ignoring Wall Street. They want so much to follow the
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      • 608 21 Close Previous June 4 SYDNEY All Ordinaries Index 1,509 8 1.523.7 -13.9 All Industrials Index 2,363.0 2,388.5 -25.5 All Resources Index 860.2 865.6 -5.4 Turnover (million) 106.37 NA BANGKOK SET Index 810 66 803.41 +7.25 Turnover (million baht) 2,240 1.800 ~440 JAKARTA Composite Index 395.13 3% 53 -140 MANILA Composite
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  • Page 21 Advertisements

  • WORLD STOCK MARKETS
    • US blue chips set new record in late rally
      • 470 22 May 31 Clow Previous NEW YORK Dow Jones 3.035.33 3.027.50 +7 83 NYSE Financial 156 24 156.64 -0.40 S&P 500 388.01 389 83 -1.77 Turnover (million) P4.0 232.1 -58.1 LONDON Financial Times 30 1968.8 1.957.2 +11.6 FTSE 100 2.5158 2.499.5 +16.3 Turnover (million) 448.1 478.0 -29.9 AMSTERDAM CBS Tendency Index
        470 words
      • Article, Illustration
        1305 22 WALL STREET beat back an assault from profit-takers to finish at a new record for the second straight session on Monday. After posting modest losses for most of the day, blue chips snapped out of their slump in late afternoon to end at a new record high of
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      • Article, Illustration
        852 22 LONDON STOCKS opened a touch lower yesterday, but recovered quickly to post modest gains in early trade. Turnover was low as shares took their lead from Wall Street, where stocks closed at a record high for the second session running on Monday, and from firmer FTSE futures. But there
        852 words
      • 374 22 DUTCH SHARES opened with a slightly easier bias yesterday in spite of a new all-time record on Wall Street on Mondav and the continued strength of the US dollar. The CBS tendency index opened unchanged at 95.7 but quickly shed 0.3 point at 95.4. The index rose 0.1 point
        374 words
      • 184 22 GERMAN SHARES were quoted slightly weaker in thin pre-bourse trade yesterday, in what dealers saw as a continuation of Monday's minor correction. The 30-share DAX index dropped 10 points to 1.694.11 on Monday, after rising 7.2 per cent in the second half of May. Dealers have said the correction,
        184 words
      • 267 22 ITALIAN SHARES were little changed from Monday, when the index ended at a high for the year, with the market seemingly looking to consolidate. "It's a welcome little shake-out. Volumes are not down by much and underlying sentiment is positive," a broker said. But state-owned telecommunications company SIP fell
        267 words
      • 137 22 WEAK FRENCH bond prices and a tepid session on Wall Street overnight conspired to drag the Paris bourse down at the opening yesterday. The CAC-40 index fell 10.34 points, or 0.55 per cent, to 1.855.32 at 0818 GMT on volume of about 210 million francs. "Clearly, it is the
        137 words
      • 270 22 SWISS SHARES yesterday opened slightly easier in quiet trading as Monday's consolidation continued. The SMI index of leading shares had fallen 5.6 points to 1,727.4 after about 10 minutes of trading. Early volume was low. Monday's volume reached 402 million Swiss francs and dealers expected yesterday's turnover would not
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      • 193 22 THE STOCKHOLM bourse general index fell back from Monday's year-high while blue chips firmed marginally in busy early trade yesterday. Dealers said there was some profit-taking in addition to the influence of higher domestic in- terest rates. By mid-morning, the bourse general index had lost 0.11 per cent to
        193 words
      • 260 22 TORONTO STOCKS closed higher on Monday in moderate volume on lingering optimism about the economy, which triggered last week's rally, traders said. "It's probably a sign of what we can expect over the longer term, albeit at a little less robust pace." one trader said. Golds and base metals
        260 words
  • Page 22 Advertisements
    • 41 22 The Johannesburg report was not available yesterday For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian. Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840. On target, chartpoint in BT on Saturday
      41 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1195 23 REPORTS ASIA TOKYO: The US dollar yesterday closed easier against the yen and the mark on profit-taking, mainly by overseas speculators. Although its tone is bullish, exporter selling interest above 139.20 yen and fear of intervention by the Bank of Japan
      1,195 words
    • 408 23 Cross rates June 4 I USS SS MS Dm Yen SFr AS NZS USS 1.7715 2.7660 1.7485 139.15 0.5893 1.4910 1.3149 1.7167 SS 0.5645 1.5614 0.9870 ***** 0.3326 0.8417 0.7423 0.9691 MS 0.3615 64.05 0.6321 0.5031 0.2130 0.5390 0.4754 0.6207 Dm 0 5719 1.0132 1.5819 79.58 0.3370
      408 words
    • 570 23 Interbank rates SS Bid Offer Overnight 4 7/8 i-month 5 1/4 5 3/8 .2-month 5 7/16 5 9/16 '-month 5 1/2 5 5/8 Overnight mode: 5-1/16 I SS Bid Offer 7 days 6 6 1/8 1 month 6 6 1/8 2 month* 6 1/16 6 J/16 3 months
      570 words
    • 662 23 Agenda includes code of conduct and training Reuter LONDON Currency traders heading for Madrid to attend tomorrow's annual forex congress say they will arrive in better heart than at the same time last year when the main talking point in Copenhagen was
      Reuter  -  662 words
    • 1204 23 SIMEX EURODOLLAR Oper High Low Sett F.st Vol Op/Int Vol i Jun 91 93.8* Sep 91 93.55 Dec 91 93.05 Mar 92 92.8* Jun 92 92.51 Sep 92 92.22 Dec 92 91.93 Mar 93 91 8«J Jun 93 Sep 93 Dec 93 Mar 94 Jun 94 Sep 94
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  • COMMODITIES
    • 401 24 AFP KUALA LUMPUR Natural rubber prices are firming and should peak next year before easing again, according to a four-year price cycle theory expounded by a top International Natural Rubber Organisation (Inro) official. Executive director Pong Sono said that he had discovered the
      AFP  -  401 words
    • 282 24 Reuter KUALA LUMPUR Cocoa prices will stay low in the early 1990s but then rise as production growth slows, compared with 1980s levels, with consumption maintaining historically high levels, a World Bank official said. However, average prices in the 1990s will
      Reuter  -  282 words
    • 838 24 REPORTS THE PRICE of tin rose 11 sen to M$ 15.36 per kg on the Kuala Lumpur Tin Market yesterday on good buying demand in early trade. Dealers said the uptrend was mainly supported by the USSSO per tonne rise for the
      838 words
  • 1373 24 Rubber June 4 HAS (M> In lull) S cents/kg Noon Close Int 1 RSS Prompt 147.00/148 OON l47.00m8.00N Int I RSS July 91 148.50/149 00 148 50/149 00 Int 1 RSS August *****/150.50 I50.00M50 50 Int 2 RSS OP 144.50/146 50N 144 50/146 50N Int 3 RSS OP 142.50/144
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  • Page 24 Advertisements
    • 1002 24 N O T""c"E'SH IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 ANO IN THE MATTER OF CURTIS MARKETING CONSULTANTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50, that the FINAL MEETING of the Members of
      1,002 words
    • 11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1112 25 City Flight ETA Flight ETD Abu Dhabi GA895 1235 Adelaide QF8I 2000 QF82 2200 SQ227 2245 Amsterdam GA895 1235 KL832 2120 SQ24 2200 KL831 1410 Athens SQ35 1710 Auckland NZ21 1820 NZ22 1930 SQ388 2030 Bandar Seri BI421 1105 SQ182 0915 Begawan SQ18I 1410 BI422 1205
    1,112 words
  • THE TRAVEL PAGE
    • 513 25  -  LETTER FROM COLOMBIA By James Brooke IN THE magical universe conjured up by travel brochures, an imaginary new land is emerging: Amazonia. Arcing through the heart of South America, this exotic new realm is the home of jaguars, alligators, birds of paradise, rustic river villages,
      513 words
    • 153 25 As at 3pm yesterday: l-ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.340 1.360 Canadian dollar 1.535 1.555 NZ dollar 1.0200 1.055 Sterling pound 3.00 3.0300 US dollar 1.7680 1.7780 IxKal dollars to 100 units of foreign currency Austrian schilling 14.20 15.20
      153 words
    • TRAVEL SLICES
      • 158 25 IF YOU travel frequently in Tokyo and want to avoid the high cost of hotels, apartment hotels are an alternative. There are several apartment hotels in Tokyo that rent furnished apartments by the day or week, all in locations near trains or subways. Here are some
        158 words
      • 111 25 AIRLINES in the US have set off yet another fare war. US News and World Report says that prices have been cut by as much as 20 per cent. Children aged two to 17 get a discount up to 60 per cent. Most of
        111 words
      • 46 25 TRAVELLERS to Spain should not miss the Andalusian Express. This great train trip is now running from Seville to Cordoba, Grenada and down to Malaga. The Express is splendidly historical and runs only twice weekly from May to June and September to October.
        46 words
      • 60 25 GOOD news for all travel book hunters. According to the Malaysian Business, a new book shop in London stocks an incredible range of travel books. The store is Daunt Books for Travellers at 83 Marylebone High Street. London. They are open from 9 am to 7.30
        60 words
      • 58 25 THE Hongkong Tourist Association's Come Horseracing tour, which is organised in conjunction with the Royal Hongkong Jockey Club, will continue to be operated in the 1991 horse-racing season September to June). The tour price for that season will be HKS3SO (5580.50), which includes round-trip transfers on an
        58 words
    • 57 25 Duration Title Venue Organiser Tel June 5-7 Specialized for Graz, Grazer Messe ********** High-Tech Austria International Innovation June 2nd International Centre Instituto (541)*****40 5-11 Exhibition On Municipal de Argentino del Packaging Exposiciones, Envase Duration Title Venue Organiser Te Buenos Aires I June 5-1! International Beijing China *****2750
      57 words
  • Page 25 Advertisements
    • 42 25 You've got nothing Tbulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague. Call *****77 for details. We know Europe from start to Finnish.
      42 words
    • 89 25 FOR BITS AND BYTE 1 Geared to keep the busy business executive V. jljT abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY J page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus
      89 words
  • Page 25 Miscellaneous
    • 317 25 5 Temporary lodgings given to you and me college Hfl grounds (6) hJ Lh bh 8 Dash! The fraud squad has i clearly had success (8) MH HI |Hl 9 Is no longer smug, quiet and petulant (7) """jU" 12 I j j j 10 Recorded and copied to a
      317 words
    • 213 25 Singapore Outlook: Occasional showers in the morning and early afternoon. Report: Maximum temperature 31.1 Assoc humidity 73% Minimum temperature 24.5° C Assoc humidity 100% Hours of sunshine 0.5 Rainfall in mm 4.8 Rainfall this month 81.6 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* C'ond. Auckland 16/14 Fair Bangkok
      213 words
    • 17 25 FBeDeßvc.* o. FODGS... CLERICAL &quiv/AI£KT cf f\ cJlvr^PeSlys.... v,DEO 1 f) EVENING STANDARD CO. LTD., 1962-1991 ft
      17 words

  • 316 26  -  Garuda chief cites possible reaction to protectionism By Rahita Elias SINGAPORE Indonesia and other Asian countries may resort to charging foreign airlines for the use of their airspace if protectionism in international trade intensifies, a senior Garuda Indonesia official has warned.
    316 words
  • 414 26 Reuter FRANKFURT Germany's central bank fine-tuned its money market operations yesterday in a move which may nudge some short-term market interest rates higher. But Bundesbank presi-dent-designate Helmut Schlesinger said the central bank was not signalling a further tightening of overall monetary policy.
    Reuter  -  414 words
  • 461 26  -  From Soh Tiang Keng in TORONTO SINGAPORE Airlines' deputy chairman Lim Cnin Beng has called on Canadian airlines to resume flights between Canada and Singapore. Speaking at a dinner here on Monday to mark the inauguration of SIA services to Toronto, Mr
    461 words
  • 253 26 AFP OSAKA Large banks which extended their global reach in the past decade could well halt their expansion and even retreat to domestic and regional markets in the *****, bankers meeting here said yesterday. "We will need capital, therefore, we had better
    AFP  -  253 words
  • 381 26 NYT TOKYO Japan and the US are on the verge of a new agreement covering bilateral trade in computer chips, according to the Japanese foreign ministry. Ministry spokesman Taizo Watanabe told a news conference yesterday that almost every substantial issue had
    NYT  -  381 words
  • 358 26 Reuter HANOI Foreign companies are vying for the contract to extend Hanoi's international airport, opened in 1964 and rebuilt 10 years later after being bombed by US planes during the Vietnam war. Vietnamese civil aviation officials said yesterday that companies from Canada, Australia.
    Reuter  -  358 words
  • Page 26 Advertisements
    • 55 26 P I—II The Richness Of Leather Handmade To Perfection. Joint Ist Prize of $2,500 each goes to Fok Chee Chiong l/C *****03/J Sim Soo Meng l/C *****58/ C Third Prize of $1,000 goes to Chee Lian Neo l/C *****58/1 Winners will be notified by post. Prizes must be claimed by
      55 words
    • 7 26 Hashimoto gitcs assurance on land, Pg 9
      7 words
    • 148 26 u l\/11 il —I—II Die Richness Of Leather Handmade To Perfection 111 t I 9 LwJ 99 k P Fly First Class or Business Class with Qantas to Australia You may enjoy your accommodation privileges anytime and we'll gladly put you up for 2 nights at Australia's before 31 March
      148 words

  • Shipping Times
    • 431 27  -  By Dexter Lee REPORTS of containers "disappearing" from the Port of Singapore Authority's yard recently has raised come questions on the port's security. In reply to BT queries, the PSA said that five cases of missing containers have been reported at the PSA
      431 words
    • 232 27  -  By Rahita Elias SINGAPORE Hongkongbased Orient Overseas Container Line (OOCL) has further expanded its South-east Asian network of offices by establishing a direct presence in Manila. According to a company statement, the carrier had opened the new office on Monday because it "attaches great
      232 words
    • 340 27 AP WASHINGTON The United States Supreme Court, overturning a 136-year-old precedent in maritime law, ruled on Monday that suppliers to ships can get help from the federal courts when they are not paid for their services. The court unanimously reinstated a lawsuit in which
      AP  -  340 words
    • 329 27 UPI VENICE Fire ravaged a Greek ferryboat moored to a dock in the port section of Venice on Monday but 247 crew members and 18 passengers who were aboard when the fire started scram- j bled off the ship without major mishap, port officials
      UPI  -  329 words
    • 377 27  -  Exemption is in response to shipowners' appeals By Selva Kumar SINGAPORE registered ships that ply only between latitudes 20 degrees north and 20 degrees south can be exempted from carrying immersion suits and thermal protective aids. This concession was announced in
      377 words
    • 254 27 NYT TOKYO Vehicle sales in Japan fell in May on a year-to-year basis after rising slightly in April, according to figures released on Monday by the Japan Automobile Dealers Association (JADA). The 1.1 per cent increase in sales
      NYT  -  254 words
    • NEWS SUMMARY
    • LOG BOOK
      • 95 28 SINGAPORE THE Port of Singapore Authority (PSA) has awarded Far East Computers a $1.7 million contract to supply an Automated Cartridge System (ACS) system for its data centre. With a capacity of about 11,000 cartridges, it will be the largest system in the Asean region.
        95 words
      • 94 28 LOS ANGELES According to Worldport LA's Trade Market Share Analysis Report, Los Angeles has been ranked as the top port on the US west coast with 22.4 million tonnes of cargo valued at US$55 billion. The report also lists LA which handled
        94 words
      • 49 28 AUSTRALIA Eastwest Airlines is expanding its services to provide more flights to Australian state capitals and leisure destinations with five British Aerospace 146-300 jetliners. It has unrestricted access to Melbourne and, from Sydney, the airline offers services to Cairns, Whitsundays, the Gold Coast and Tasmania.
        49 words
    • 373 28 David Tinsley takes a look at why the European Community wants Japan and US to end tneir support for domestic owners Lloyd's List JAPAN and the US must end their support for domestic owners if there is to be international agreement on shipbuilding competition, according to high-level
      Lloyd's List  -  373 words
    • 646 28 THE DRY cargo freight market maintained its firm tone as expectations the US would soon announce the size and timing of a grain credit package to the Soviet Union steadied rates, brokers said. The Baltic Freight Index rose one point to 1,758 with all panamax routes steady or
      646 words
    • 560 28 AFP FREIGHT rates continued to I firm over the past week with traders predicting that an untypi- cally active market would contini uc the buoyant trend into the I summer months. Tightness in the market, accumulated in the aftermath of the Gulf war, allied to anticipation that the
      AFP  -  560 words
    • 10738 36 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 /rom the Port of Singapore. Advaneed dates are published for a maximum
      10,738 words
    • SHIPS IN PORT
      • 517 43 fry Wo Berth Departure 1 Vessel Voy No Berth Arm* Departtve «34 0/06 0600 »!T ft? SIS :S v'l £«S Imnm S SS 04 06/1500 Hayu 05/91 M3C 04 06/1500 04 06/2300 pJwsLnirt J/5 CM 04 06 1500 Sar, Batam S60 W1B 05 06/0900 06 06/2300 E-900
        517 words
      • 1019 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baianca Rita Ship Voy No Etb/Btr Period From To From ACX Lotus 13A 05/1930 1 04/1500 04/1659 04/1900 Adrian Ms 9106 12/0500 3 Cancelled 4 Cancelled Ana Bhum 495N 05/1530 1 04/1500 04/1659 04/1900 Anro Temasek ***** 06/0700 1
        1,019 words
      • 256 43 P—am Nrl Berth n Butterworth on Jum 5: 1: Frants Bogush; 2: Santos; 3: Builder i; 4: ml; 5: nil; 6: nil. Pmn| INhvf: NB: Kentonvale Star; CB: ml; SB; ml. BCT: Bl; Abadi; BN: Oh San Tok; l/B; ml. VOTP: ml Din on Jum 4: Equator
        256 words
    • 925 44 Peter Stokes looks at the financing situation in the shipping industry Lloyd's List THE IMPACT on the shipping industry of the tighter availability and higher cost of credit is usually considered in terms of the limits thereby imposed on the rate of newbuilding contracting. While
      Lloyd's List  -  925 words
    • 160 44 AFP JAKARTA Air China will begin twice-weekly flights between Beijing and Jakarta via the southeastern Chinese city of Xiamen in mid-June, a newspaper reported. A Boeing 767 will make the first Bcijing-Xiamen-Ja-karta return flight on June 18, the daily Jawa Pos quoted Air China
      AFP  -  160 words
    • 165 44 Reuter NEW YORK The owner of an international shipping company has pleaded guilty to L'S government charges that he sent about US$l million worth of tainted powdered milk to starving children in the Sudan. Martin Merritt, 46, of White Plains, New York, pleaded
      Reuter  -  165 words
    • 206 44 UPI DUBAI Four Japanese minesweepers were scheduled to reach the minefields of the northern Gulf on Monday, a Japanese defence official said. "They will arrive in the mine danger areas on Monday evening," Satoshi Tanaka, deputy director, operation division of the Japanese Defence Agency,
      UPI  -  206 words
    • 142 44 Reuter BRUSSELS Some job losses in the European Community's car industry arc inevitable as it adapts to the challenge of Japanese competition. a senior European Commission official said on Monday. "It would be dangerous not to realise that adaptation cannot fail to have some
      Reuter  -  142 words
  • Page 27 Advertisements
    • 105 27 I H|| UNITED I Em LEASING I SEIVKXSfTE LTD Call Tel: *****13 (15) ■< ?i. >■ '""j 1 i V \'.i' j I SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad. And by foreign professionals too. I he local pool is limited.
      105 words
    • 28 27 Container Schedule 17 Daily Freights 2 Index to Advertisers 3 Shipping Guide 10.11 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17 Weekly Freights 2
      28 words

  • Page 28 Advertisements
    • 196 28 Every Major American Company. Every Small Business. Every One Man Operation. Every Church. Every Airport. Every Hotel. Every Garage. Every Farm. Every Lighthouse. Every Home. -JWifPWIJ ■BP R -•1-qßffara v W fclfflnTii r r'i rrrß"v\ni>i■ jrij ZMSIBHHI Every Working Day. From the heart of America's busiest city to its most
      196 words

  • Page 29 Advertisements
    • 2338 29 J R K shipping agencies Xlllf/ Cantofiment Road #12 05 Soulhpu.nl. Singapore 0208 Tel *****11 TELEX NO RS ***** H ifcnm terminal,cfs th *****1s 220 FCwCQ 7 BOOKINGS rx *****34 258 i. PESAKA JAROINE SNIPPING ACENCIES SDN ,>ORT TEt TELEX NO MA*****/MA***** f■» |T 1.7 ZSn= PENANC TEL *****4 TELEX
      2,338 words
    • 1248 29 INDEX TP ADVERTISERS I rage- Col l'a K i' Col T l ucky Seaway 15 3 Lykes Lines 5 I ABC Containerline 12 1 1 M Accord Group 8 1-3 M R Frwilg 13 1/2 APS 15 2 Ahrenkiel Liner 16 4 Vlac-Nels Agencies 14 1/2 Allied-Link 16 4/5 Macoline
      1,248 words
    • 2177 29 w ■QEn TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETO WEEKLY TUESOAY AND WEDNESOAY SINGAPORE/KOBE 7 DAYS Voy ETA j ETD 'Port Penang KMang DESTINATIONS Tru» M«r>« uur* 9106 fm<m< by 11/6 0000 MRS M Pinto CFS 10/6 2359 MRS OAK LGB MOU MEM ATL MIA
      2,177 words

  • Page 30 Advertisements
    • 1200 30 Irottedam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ELBE 05/122 6/6 27/6 25/6 247(5 iWWII LEVERKUSEN EXPRESS 01/322 9/6 26/6 28/6 1/7 2/7 jfiJUttUUl) LONDON EXPRESS 02/123 14/6 6'7 5/7 3/7 i ALL WESTBOUND P KITANO 08/323 16/6 7/7 5/7 4/7 9/7 KILANG A PENANGCARGO HAMBURG EXPRESS 03/124
      1,200 words
    • 676 30 lEHSfitil 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 t NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 20/7 3/8 6/8 7/8 Agents \t|f// SINGAPORK: 221HU11 mrrrrim
      676 words
    • 1505 30 I Qtobasia sjmm REGULAR IMDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOV S« ALG BCL HAM ME ROT MT FD. UM (VIA (VIA (VIA AIG) HAM) ROT) NOR ASIA SINGA 9113-3 08/06 28/06 29/06 02/07 03/07 04/07 05/07 0«/07 07/06 NORASIA AL MUNTAZAH 9114-3 14/06 04/07 03/07 07/07 08/07 09/07
      1,505 words

  • Page 31 Advertisements
    • 2137 31 sjjltjgSteamers Maritime Holdings Ltd 1P&O MM STRAITS SHIPPING j •■liptfi It oPiNlf Ml MHiySllf Containers MJ» Voy No t-p»n/ P»I J port ll| Sou *ni Rot Ht>| RECIIM MAERSft 9108 01/0« 03/04 03,06 20/04 23/04 24/04 27/04 ACCEPTS #1 SMS "ENINSUMR H*Y 0524 01 04 03/04 04/04 25/04 27/04 29/04
      2,137 words
    • 2334 31 TO: U.S.A./PANAMA FM: U.S.A./PANAMA V OM LOB cm FDB SAV NOR NYC NTC N0« JAV CM IGB OAK V CMOTANG V1CT0«» If 122 l/l 1/7 J/J 14/7 11/7 2C/7 21/7 21/7 I*'*" MNATOK NA 117 M/ 4 M/ 4 2»/4 J/5 12/1 11/S l/l CNOTANC GIANT CFI23 11/7 12/7 21/7
      2,334 words
    • 411 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS KSSEL VOY V [~KUC ["ii cosmk traoct ii "SB "sui 1 sou p*e "30 Ild "STrr 1 1 CHAiriON trader w "55 I I ORANGE MOON 13 «7c 1 I 5555 a li 7/5 5! orange ocean ioo 9/c "TiTi trans
      411 words

  • Page 32 Advertisements
    • 594 32 Httia CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY S POR€ ROAM AO AM H BURG BREMCN ANIVIf Rf> MAT ARAM .'9V»B 20 6 22/7 1711 Jl/7 3 8 SIWNiIAYA J'WB 18 7 19 8 »/8 29/8 2 9 KUIAI 2JWB I 2b 8 26 9 I
      594 words
    • 944 32 ®M it 3E m. HANJIN SHIPPING S'porelLEH HTM AIW HAM BRV FEI IfEEOCR VSI sirT" LINE HAUL LGB OAK HANJIN LONGBEACH 033W 5/6 23/6 24 6 25/6 25/6 26/6 27/6 I HAN JIN TONGHAE 082E 10/6 DWECT 1/7 4/7 HANJIN HONGKONG 029* 11/6 29 630 6 1/7 1,7 2/7 3/7
      944 words
    • 1334 32 j d- T cT*T3"EP"^fc I*l MP W6 RSG UC PUS .00 OSR NGY SMZ TYO LAI C« BAL NTCUM AN* KM W «G PS) M K I 1 M l 2 i u/t a/ 21< »<* 20/0 20/0 10/0 1/7 12/7 24/7 2S/7 2»/7 I 7/1 l/l J/0 11/1 21/1
      1,334 words

  • Page 33 Advertisements
    • 1556 33 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 am JV AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 iVN m NEPLINE SON BHD MALAYSIA K.L.-(03) *****33, P.
      1,556 words
    • 481 33 y lilt. Multl-Modal Forwarder SEAFREIGHT BOOKNGS: 222 0717 JSL r-fc. k AFFREIGHT BOOKNGS: 545 4255 BB SPcCAIIGw A FAX: *****73/*****68 [ASTIRN fUROPf J, [MjpßßHl* CZECHOSLOVAKIA 9/6 N ™l°™o 7/6 HUNGARY 9/6 V 'Kh, St ROMANIA 9/6 S }$'i YUGOSLAVIA 9/6 risS?Jrn N r 7/t BULGARIA 9/6 A NG EUROPE mmmmm
      481 words
    • 985 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND DISCHARGING WESTBOUND -LOADING TRANSWPED VIA ROTTEROAM~ «s»is ait |aw |ml* hkc wy [s*» |m kg
      985 words

  • Page 34 Advertisements
    • 1376 34 K-Wr AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: 12W*****00M) V W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD m m A Mmd TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALfT INTERNUSA TEL:
      1,376 words
    • 165 34 Continental Pacific snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE P* LOADING FOR AKRON ADVENTURE Sid SW ROM/ ANT 'FLU/UK OURANA L Ski ROM ANT FIU UK MARY M SW 10 6 13/6 RDM'ANT/FIU/UK WORLD AMPHION 30/6 SETE/ROM/RNT/FLU/UK Lo»dj Sibih tndontsu MULTIPORT AGENCIES (S) /Q\ PTE. LTD.
      165 words
    • 120 34 I" 1 1 S pore P Kelang Loading for NE A EL PIS SW 6/6 Antw Rdm/UK Nantes I IS pore Loading for I GOLDEN FOUNTAIN 12/6 Dubai Dammam, Muscat/Bahrain* MERCHANT PILOT lb/6 Hodeidah Jeddah/Aqaba [Spore Loading for SAMMI SUPERSTARS Los Angeles New Orleans/ I Charleston' Norfolk, Camden OCEAN FRIEND
      120 words
    • 1164 34 f m PHIU-ORI€NT UN€S PTC LTD 108 ROBINSON ROAD «07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA \^sagpf WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION JUN MONTREAL. Ottawa, toronto. 12 JUN DUBAI
      1,164 words

  • Page 35 Advertisements
    • 1632 35 ajaiss J9#B pacific international lines (pte) ltd U B JBBH P' l Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA J [BANGKOK l VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR MAS 06N 7/8 9/6 13/6 PEGASUS PROGRESS 670N 6/6 9/6 12/6 BUNGA TERATAI 233 9/6 11/6
      1,632 words
    • 1021 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint lil Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Beoavon t- 178 7/6 24/6 25/6 27/6 28/6 Jutiandia 176 8/6 30/6
      1,021 words
    • 580 35 MYANMA ipHßk HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIj Pen P Gdg PAGAN VI7IW 8/10 Jun AWA VlOB W 16/18 tun THE BANK LINE (A service of Andrew W«lr Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA SPORE FOR
      580 words



  • Page 38 Advertisements
    • 743 38 TO AUSTRALIA/NEW ZEALAND VSI S«i Frtm Wtfc S*d Auck NPf P CHAIM C WROtMI m 15/6 22 6 IT6 771 i 77 ANIWMPfN 211 in 5 10/7 U/7 20 7 231} IsTj MARTHA I 275 VI IIJ 15 1 li t I 2i t 27/ i ELIEN HUOIC 27i 15,1
      743 words
    • 911 38 OUTBOUND VOY PKI PNG WT S*l j»«(, (Ail «M 'Tfl SAI/ NU3 *08 VESSEL VOV SIN PKL PNG BLW SIN ACX DAISY 14 86*1 6 I 14 Ht l»t 20 6 EQUATOR PRIOE 948 ifi 7* 16" j AC» LOTUS 138 •*3t 6 6 lit lit 216 Hi 23 6
      911 words
    • 288 38 P T perusahaan pelayaran W? KALIMANTAN DIRECT WEEKLY SERVICE TO I JAKARTA/TG. PRIOK i i ETA/EID WSTINATIO# NIAG* 1(1 Yoy 12/91 5/6 lun latarta Paiemt)an| I NIAGA (in Voir 13'91 7/J Km lakarta P>l«nban| I NIAGA 42 Voy 9' 91 11/12 lun Jakarta Paltmbanj NIAGA XXI Vor 11/91 U'ls lun
      288 words
    • 1542 38 > 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINKK LINKR SKKVICE 2 MISTRI ROAD KMC BUILDING TEL: *****00 #15-00 SINGAPORE 0207 TELEX: RS ***** COSHIP CR NO: **********0 M FAX *****66 CABLE COSTARLINE General Agents: 006 TAR SHIPPING PTE LTD TO HONQKONQ AND CHINA FROM HONQ KONG AND CHINA VESSEL /VOY
      1,542 words

  • Page 39 Advertisements
    • 1007 39 roc cowvnmowAt »ebvic» Vessel PHI PNG P G Loading for A VESSEL &/05 Rotterdam/Antwerp CHINA rou CONTAINM MtnVICK Vessel SGP PKL BKK HKC QIN SHA YANGFANGKOU 1U 02 i 03/6 0/ 6 12/6 16/6 YANGFANGKOU IS) 0217 031> OH! 1211 16// Also accepting one- Chinese ports ma HKG AUITKALIA FULL
      1,007 words
    • 347 39 RICHFIELD MARINE A6ENCIES (S) PTE LTD TEL: *****33 (12 Lln««) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCITAND CONVENTTONAf VESSEL IVOV ETA LOADING FOR SPORE ABBAY WONZ 28W8 08/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANOINET 24W8 20/07 DARESSALAAM MOMBASA DJIBOUTI
      347 words
    • 664 39 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD EH El* EH SPORE K»1 KELANG PtNANG BLUE MOE 18/6 Loading tor Male KUVAI HUDHU 15/6 Loading lor Calcutta DOIPWN SaOtd Loading Fo« Male PIONEER SUPREME IS 6 Loading For Male DONAKUIHI 10/6 Loaded fo> Feliwaru PROGRESS LIBER IY 12/6 9/6 7/6
      664 words
    • 437 39 SYDNEY/MELBOURNE BANGKOK VESSEL DOT iwre m MO. |wtra [hot mufoa bmbror BWW 0905 20 21/6 03-5/7 07 1/7 MAHA BHUM 60N In Pt 5/6 Sat 11/Tj HRNETA 2?!? *-</7 11 20/7 22-24/7 NANH BHUM 44N Sun 9/C Wod |2/» HYA BHUM 1106 20-21/7 02-4/1 06 8/8 CHAIYA BHUM# 13N Man
      437 words
    • 436 39 THR-lre VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SIN TIGER STAR 162N 13-13/06 19-21/06 27-27/06 KURIL SK 162 A 16 16/06 23-25/06 01 01/07 TIGER BAY 163N 21-21/06 27-29/06 05-05/07 VSL VOY SMGAPORE/CALCUTT A/SMQAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 131CN8 06-06/06 11-13/06 19-20/06 LHOTSE 403 11-12/06
      436 words

  • Page 40 Advertisements
    • 1121 40 MAC-NELS SINGAPORE export TEL HKOH «mr TU MIMO* PENANG TEL: (04) *****6 IKK TEL (068) *****0 TAWAU TEL: (069) *****9' P KELANG TEL: (03 *****77 KUCHING TEL (082) *****3 SKAN TEL (089)*****2 I J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 PADANG TEL (751) ***** I—J\y V" J JAKARTA
      1,121 words
    • 386 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTEI.TON, INVERCARGIL, FIJI AND TAHITI SIN N PIV AUCK l¥T MUIBERA 21S 10 iun 25 lun Via NPt 27 kin
      386 words
    • 1094 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #1600 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BERVICEB *****66 (BOOKING UHI8) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOY |ET* IPEST VESSEL VOY ETA PEST KIM
      1,094 words

  • Page 41 Advertisements
    • 763 41 COMPANIA PERUANA Yk&A DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAK BULK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnanf* P K riant Support EMm SHAPLAfVERtTT 11/13 lun 14/18 Jun 19/21 km KAMALEVERETT 27/29 Jun 30 Jw/2 kit THOMASEVERfTT
      763 words
    • 523 41 Wl IVOY [SPORE |MAINI>NER [LAX kST jSAV [NYC [HFK m HONGKONG 43W 11/4 24/7 20/7 l*/7 14/7 2M MELBOURNE 2121 15/4 1M PUSAN 14/7 21/7 74/7 2«/7 JO/7 m P*AEUS t2tc 2*/* m CAHEORMA 23/7 1/1 i tt i i m KOPER IK 21/6 2M SAVANNAH 31/7 1/1 12/1 14/«
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    • 725 41 Hit UNER SHIPPING PTE LTD 10, Anson Road. *17-06 International Plaza, Snaapore 0207 Tel: *****33 (10 lines) \1 Telex RS ***** LSSHIP Fax *****13 -I nil j J!JM L FAR EAST HONG HONS 112/6 17/6 (.JAKARTA 8/6 976" KEELUNG 9/6 12/6 8/6 15/6 KAOHSIUNG 10/6 17/6 y«UWC 7/6 14/6 BUSAN
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    • 589 41 PERINTIS LINE I |i ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT BBY MELITA 07/91 06/06 09/06 PRASETIA 175 A DRY-DOCKING JATIDIRI 935 00/06 11/06 MELITA 09/91 12/06 15/06 JATIDIRI 936 15/06 18/06 MELITA 11/91 19/06 22/06 TANTO UTAMA 169 08/06 11/06 TANTO UTAMA 171 16/06
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    • 382 41 SIN HI EAST 9/6 KEELUNG/KAOHSIUNG 10/6 BANGKOK 7/6 MANILA/CEBU 8/6 JAKARTA/BELAWAN/SURABAYA 8/6 PORT KELANG/PENANG/E. Malaysia 6/6 BUSAN 12/6 TOKYO/YOKO/KOBE/NGO/OSA 11/6 HONG KONG SjN CHINA 11/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SMI EUIOPt/UK 10/6 LDN/FLX/LVP/SOU 10/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 6/6 LOS
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  • Page 42 Advertisements
    • 768 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) P.T. AN6KUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 170S 05 HJH 07 JUH TAKARI IV 4092 06 JUN 09 JUN TAKARI I 1710 10 JUN 12 JUN TAKARI IV 4094 13 JUN 15 lUN TAKARI I 1712
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    • 209 42 re* MULTI-MODE SHIPPINB PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN. SHARJAM. DOHA, MUSCAT, BAHRAIN, ABU OHABI. BANDAR ABBAS, JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG, P KELANG. JAKARTA, BANGKOK. HONG KONG. TAIWAN, JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS, TILBURY, ABERDEEN, LE HARVE. HAMBURG. ROTTERDAM, ANTWEP, GOTHENBURG. COPENHAGEN
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    • 614 42 SHIPPING CORP. SDN BHD| (•AlffA PT KLAN6 TEL 03 *****06 |S l«M» PENANG TEL 04 (***** SKA* TEL 069 *****2 \X7 SI6U TEL 064 *****2 TAWAU TEL 069 *****9 KK TEL 068 *****0 KUCH TEL 062 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE I fawn VOY j PCW 1 PHI S<W
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    • 500 42 J LCL/FCL SERVICE FROM B Bom om 600 terminalt/offioei In U.S.A II /Mm\ m CUM nwlntalM ov*r 95,000 tractor* li truck*. II Imm m CUM "TV** ow points In U.S.A l|Up| ImTxMi m ofT#r raMab< La/FCL rvk General Agent* —7&4A/TZ/A/X— PENANG KL: allied-LINK SINGAPORE: /7T^\ 04-*****2 09-*****55 778 6522(22 linesi
      500 words
    • 441 42 MANILA ETA VIGOUR PACIFIC 38N8 8 6 VIGOUR SINGAPOUR 2NB 15/6 BANGKOK 7/6 14/6 BUSAN 14/6 22/6 HONGKONG 14/6 22/6 DURBAN/PT LOUIS 19 6 4/7 KEELUNG 9/6 16/6 USA 6/6 13/6 PT KELANG 7/6 14/6 KOBE 9 6 16/6 PIRAEUS 10/6 21/6 OSAKA 12/6 19/6 JAKARTA 7/6 12/6 SURABAYA 7
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  • Page 43 Advertisements
    • 645 43 MORE FREQUENT FLIGHTS WORLDWIDE HEW ZEALAND/FIJI 1 VESSEL Ikt P.Kg 'Pen *Bkk Sin S'baya Auckland Fiji(A) IN-Ptymouth(A) Timaru LyttHton(B) Oumdn(B) Napier Weinfton(C) Tauranja N Rotterdam'9ll3 8/6 10/6 10/6 10/6 12/6 15/6 28/6 10/7 30/6 2/7 3/7 3/7 4/7 4/7 6/7 N Rosaro/9114 18/6 20/6 20/6 20/6 22/6 25/6 8/7 31/7
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  • Page 43 Miscellaneous
    • 318 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 **********00 1700 1800 1900 2000 2100 2200 2300 JR 14 1.7 2.0 2.2 24 2.6 20 16 1.2 0.9 0 7 0.7 08 1.1 1.5 18 2.0
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  • Page 44 Advertisements
    • 783 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOT JHR PKE SW LINE HAUL VOY LBH OAK SEA lUt HAUL VQY TCM/SEA PTL NAN HAI 203 014 02/06 03/06 05/06 H EXPLORER 40C 01/07 04/07 07/07 BAT BRIDGE
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    • 231 44 PASIR GUDANG SINGAPORE CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PABIR OUOANG SINGAPORE vor tu ?ioo ms tro o?oo wis" eta 1300 h>s 005$ 7/6 16 t/t 006$ 10/t U/l U/( 007$ U/( IS/S 15, OOtS 17/t 11/ C 11-6 004$ 21/6 22/t 22/6 010$ 24/S 25/6 25/6 011$ 21/6
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    • 515 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) »««<» w c f H**6j to tic«m«l»r Urtwt WM*>| IMra IW lsn» lUt »D*M LfH MMtStoCkMn fIK H;in (i 27/1 25/1 »«n«r#r- dhwpWlrtm OliHWk LnwnEvtmui& it m vi iy» hMUm* MMPI^H 10W0N OWJJ 12/123 13 1 4/7 ll 1/7 !«u*inmr imiHiilr.iwi WHIW>»
      515 words