The Business Times, 10 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 Monday, June 10, 1991 75*
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  • NEWS SUMMARY
    • Article
      Two former Thai ministers under investigation
      64 1 BANGKOK Two powerful former ministers under deposed prime minister Chatichai Choonhavan are facing investigation after they were listed by Thailand's militaryappointed anti-corruption committee as "unusually rich", officials said yesterday. Former interior minister Banham Silpa-Archa and Snoh Tienthong, a former deputy interior minister, will have
      64 words
    • Article
      Volcano in Philippines erupts
      39 1 MANILA A volcano north of here, dormant for 600 years, erupted yesterday, spewing ash, lava and rock fragments and forcing more than 11,000 people to flee their homes, officials said. No casualties were immediately reported.
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    • Article
      Properties up for grabs
      31 1 COLLAPSED DFC New Zealand, which is now unloading its property assets, attracted more than 100 people to an exhibition of its second portfolio of properties Page 2
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    • Article
      Indon debt warning
      31 1 INDONESIA has given warning that it could face a debt crisis of Latin American proportions if its banks do not curb their appetite for foreign loans Page 7
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    • Article
      Tackling estate issues
      32 1 THE Malaysian government is trying its best to resolve the serious problems faced by the plantation industry, says the head of the United Planting Association of Malaysia Page 8
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    • Article
      US recovery signs
      29 1 THE May US employment report, showing gains in the key manufacturing sector, seems to show the American economy is emerging from recession, say economists Page 9
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    • Article
      Kaifu wielding agenda
      23 1 JAPANESE Premier Toshiki Kaifu hopes to tum the tables on his detractors by completing an ambitious political agenda Page 11
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    • Article
      Past or present
      18 1 IS classical music a thing of the past? Joseph Horowitz ponders the issue Page 19
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    • Article
      Port boosting links
      33 1 THE US East Coast port of New York and New Jersey plans to boost data and marketing links with Singapore for both sea and air transportation. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Sime to export cars
      32 1 SIME DARBY Bhd, which assembles a range of passenger cars and commercial trucks at its Shah Alam plant, plans to export these vehicles to the region Page 3
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    • Article
      Reputation to protect
      27 1 THE DECISIONS by the SES over the past week have one simple aim: to uphold the integrity of the financial services sector Page 3
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    • Article
      Lower profit for Carter
      37 1 CARTER Holt Harvey Ltd, 21 per cent owned by Brierley Investments Ltd, has announced a lower net profit but has earned more than analysts had forecast for the March 1991 year Page 4
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    • Article
      Mountain of a problem
      31 1 PHILIPS Electronics' 1.2-billion-guilder (SSl.l billion) proceeds from the sale of its stake in Whirlpool International is only small change compared with its 17-billion-guil-der debt mountain Page 5
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    • Article
      Tight market for seats
      25 1 THE strong futures trading volume on the Simex has led to a tight secondary market for Simex's seats lately Page 6
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    • Article
      Insurers' income falls
      36 1 SIX of Japan's major life insurance firms have announced a decline in their premium income in the year to March while all eight companies suffered from declining yields on their investments Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 747.94 -2.09 Kuala Lumpur ....620.40 -3.33 Tokyo 25,035.11 +50.99 Hongkong 3,637.77 -40.42 Sydney 1,477.5 -18.1 New York 2,976.74 -18.12 London 2,506.3 -19.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7760 100 Yen SS 1.2727 MS SS 0.6409 Money market rates Overnight 5-1/8% +1/8 3-month 5-9/16% +1/16
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    • Article
      COMMODITIES
      32 1 Rubber S'pore July 147.75'/kg unch M'sia July 230.50«/kg +0.50 KL Tin Turnover 71 tonnes +1 Spot MS 15.54 /kg -0.02 Crude palm oil Turnover 506 lots -486 June MS769 /tonne -5
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  • Article
    EDB to form investment holding company
    517 1  -  Board expected to step up direct investments By Schutz Lee PLANS are underway at the Economic Development Board to set up an investment holding company which will see the statutory board stepping up its direct investment activities, especially in industries that are of strategic
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  • Article
    Good market for US electronic parts
    508 1  -  Item tops embassy's 'best prospects' list for S'pore By Chuang Peck Ming ELECTRONIC parts hold the brightest prospects for American exporters to Singapore, according to a survey by the US embassy here. Next on the embassy's "best prospects" list are computers and peripherals, followed
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  • Article
    Lock icon Fraudulent letter sent to US federal courthouse
    321 1 The Nigerian Money-Laundering Scam UPI PITTSBURGH Whoever in Nigeria sent a letter promising quick millions to a Pittsburgh office should have double-checked the address. The letter arrived at the federal courthouse, at the office of US Attorney Tom Corbett. "I just started laughing
    UPI  -  321 words
  • Article
    Lock icon Rising losses from Taiwan drought
    245 1 Reuter TAIPEI Losses from Taiwan's worst drought in a decade have reached NTS 1.6 billion (S$ 104.5 million) and the damage is still increasing, the country's Council of Agriculture said yesterday. Scattered rainfall across the island in the last few days had boosted water levels
    Reuter  -  245 words
  • Article
    S'pore under consideration for Saudi investments
    407 1  -  By Loh Hui Yin SINGAPORE is one of several places being considered by the Saudi government conglomerate Sabic for its overseas investments. "Investigations into making overseas investments are still at a very early stage and are being made in a wide variety of locations,
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  • Article
    Another $100,000 challenge from BT
    157 1 BTs investment race (Contest #3) for readers starts today, with attractive prizes awaiting winners. From today till Friday, money coupons worth $20,000 each will be published in BT. The first coupon appears on Page 8. Cut the five different coupons out and you'll have a
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      115 1 EXECUTIVE I PLACEMENTS g*****62 I Aircraft Schedule 27 Market Reviews 22 World News 9,11 The Arts 19 Money Changer Rates 27 Commodities 26 Money Market 25 For market indices, editorial Cryptic Crossword 27 Regional Co News 4 advertising and circulation exEnterprise Mgt 13 Regional News 7,8 tensions call Business Times
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      Page 1 Advertisements Column 2
      143 1 Typewriters Fax Machines Laser Printers Electronic Lettering systems caii 743 8000 for further details Analysis, Page 12 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't
      143 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Govt allocating $1.7m to Mendaki and AMP
        99 2 SOME $1.7 million has been allocated to Mendaki and the Association of Muslim Professionals (AMP) for their projects, said Deputy Prime Minister Lee Hsien Loong on Saturday. AMP will receive $250,000, while the rest will be channelled to Mendaki. The funds come from
        99 words
      • Article
        S'pore tops Asian convention cities
        128 2 SINGAPORE not only ranks among the top 10 cities in the world as a world-class convention destination, it has also climbed one placing to eighth place. This makes it ahead of cities like Tokyo, Amsterdam, Washington, Rome and Stockholm, and this is the eighth consecutive
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      • Article
        Thinking ahead about the elderly
        138 2 SINGAPORE needs to look ahead at the demographic trends 10 to 15 years down the road, and plan for services for the ageing population, said Yeo Cheow Tong, Minister for Health, at the launching of Hong Kah South Day '91 yesterday. He said: "It will
        138 words
      • Article
        Urban training for SAF
        108 2 THE Taman Jurong camp, vacated by the 9th Reserve Infantry Training Centre which has since moved to its new Selarang Camp premises, will be used for the next 18 months for "Fighting In Built-Up Area" (Fibua) training. The Singapore Armed Forces' (SAF) Fibua training is carried
        108 words
      • Article
        New blood for Youth Challenge
        68 2 YOUTH CHALLENGE, a voluntary organisation, will host its first fortnight-long recruitment exercise starting on Saturday. Dr Ong Chit Chung, chairman for the Government Parliamentary Committee for Education, will officiate at the launch at the Marina Square Shopping Mall. Youth Challenge will have 120 members on
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    • Article
      JVC moves part of audio design function to S'pore
      426 2  -  Local unit making USssm R&D investments By Anna Teo JAPANESE consumer electronics giant Victor Company of Japan Ltd (JVC) has transferred part of its audio design function to Singapore, a move which sees the local subsidiary investing USSS million (SSB.9 million).
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    • Article
      SIA wins almost all awards in air travellers' survey
      182 2 NATIONAL carrier Singapore Airlines has swept virtually all the awards in yet another survey of air travellers. SIA was voted Best Airline of the Year 1991 by readers of the Hongkongbased monthly travel magazine Arrival. It also emerged top in five
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    • Article, Illustration
      DFC's property show draws over 100 people
      401 2  -  By Rahita Elias COLLAPSED merchant bank DFC New Zealand, which is now unloading its property assets, attracted more than 100 people over the weekend to an exhibition of its second portfolio of properties. Garry Burns, the bank's general manager for property assets, told
      401 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      498 2 I Acquire the latest Direct Marketing N I know-howandstayontopof .I *»w 1 your competition. Sign up now. ZZXZZEL SS2>£?*»- aw*"-* I Sign up for the 1991 Asian Direct Marketing Symposium. SSs?^ 8 sgV 1= Learn why and how the world's most successful companies like sfei.? l^i tw n> Ri ill
      498 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Sime's XL-assembled cars may be exported to region
      558 3  -  Exclusive interview with Sime Darby's group chief executive By William Chia DIVERSIFIED Malaysian conglomerate Sime Darby Bhd, which assembles a range of passenger cars and commercial trucks at its Shah Alam plant, plans to export these vehicles to the region. Group chief
      558 words
    • Article
      Lock icon Bolton diversifying into hotel industry
      304 3 MBT KUALA LUMPUR Bolton Properties is diversifying into the hotel industry and, as a first step, is planning to build two budget hotels and a five-star service apartment complex here. Deputy managing director Lim Yen Haat said the hotel industry has a good future and
      MBT  -  304 words
    • Article, Illustration
      A matter of financial integrity
      738 3  -  THE HOCK LOCK SIEW COLUMN The stock exchange's 'Big Clean-up' By Mano Sabnani IMPORTANT developments took place in the local securities industry in the past week, the full implications of which are still being studied by all involved. The moves by the Stock Exchange of
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    • Article
      Marco Polo sets aside another $32m for renovation
      412 3  -  By Teh Hooi Ling TO BETTER prepare itself for the expected deluge of new hotel rooms coming onto the market by 1994, Omni Marco Polo (OMP) Hotel has set aside another $32 million for renovation. Later this year, work will start on
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    • Article
      Lock icon Shell Refining to use more M'sian crude oil
      127 3 MBT KUALA LUMPUR Shell Refining Co (Federation of Malaya), which is upgrading its reflner> conversion project in Port Dickson at a cost of Msl.2 billion (Ss76B million) expects to use about 29.2 million barrels of Malaysian crude oil worth about M 5572
      MBT  -  127 words
    • COMPANY BRIEFS
      • Article
        PMCW confident of maintaining profitability
        88 3 KUALA LUMPUR Pan Malaysia Cement Works (PMCW) is confident that group profitability will be sustained in the current year. In the company's latest annual report, chairman Tan Sri Khoo Kay Peng said that growth in the construction sector is projected to be strong although it
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      • Article
        PMRI optimistic
        62 3 KUALA LUMPUR Pan Malaysia Rubber Industries (PMRI) is confident that group profitability will be sustained in the current year. In the company's latest annual report, chairman Tan Sri Khoo Kay Peng said that growth in Singapore's construction sector is expected to remain buoyant. The construction sector in Singapore
        62 words
      • Article
        MBf denies eyeing Ganda
        105 3 KUALA LUMPUR MBf Holdings said last Friday that its board has not held any discussion nor considered in the past or present to acquire an interest in Ganda Holdings. MBf was responding to a query from the Kuala Lumpur Stock Exchange pertaining to a press report
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      • Article
        Petronas wants stake in refinery
        77 3 KUALA LUMPUR Malaysia's state oil firm Petronas plans to take a 10 per cent stake in a refinery proposed by Australia's Broken Hill Pty Co Ltd and Taiwan's Chinese Petroleum Corp, a top company official said. "We are interested to take a 10 per cent
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      • Article
        Khong Guan working hard
        70 3 KUALA LUMPUR Khong Guan Holdings is making every effort to maintain group profit in the face of continued stiff competition this year, its chairman Tan Sri William Tan said in the company's latest annual report. Khong Guan posted group pre-tax profit of M 5768,400 on a
        70 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      208 3 It's ANA Hotel Si ngaporel lor I rom now on. A I ANA HOTEL SINGAPORE YSSSpacM Steal Are your profits slipping tKrough the cracks? taotropy' yk w Thanks to a Hitachi Metals technique call- Our N«w Technical Approach Actual rtiulti using YS> ataela ed Isotropy, dies made of our YSS
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Shell calls off talks with Caltex on Thai refinery
        155 4 BANGKOK The Royal Dutch/Shell Group has called off talks with Caltex Oil (Thailand) Ltd on a proposal to jointly build an oil refinery in Thailand. Shell said in a statement that the company and Caltex failed to reach an agreement on
        155 words
      • Article
        Jardine Strategic asset value up
        74 4 HONGKONG Hongkong-listed Jardine Strategic Holdings Ltd's unaudited consolidated net asset value of its ordinary and preferred stock rose to U553.72 (556.62) a share as of May 31 from $3.64 a month earlier, Strategic said in a statement. On a fully diluted basis, the net asset
        74 words
      • Article
        Unilever unit buys Thai firm
        50 4 BRIDGEWATER, US Unilever Group's National Starch and Chemical Co has acquired Kosmik Santhai Co Ltd, a Bangkok adhesives manufacturer. National Starch said it plans to merge Kosmik, which had sales in excess of US$5 million (SsB.9 million) in 1990, with its existing Thai adhesives company.
        50 words
      • Article
        Japan corporate profits forecast
        171 4 TOKYO The current profits of Japan's top 400 companies are likely to rebound in the year ending March 31, 1993, after a slight decline in 1991/92, a survey by Nomura Research Institute Ltd said. Nomura Research expects current profits to increase by an average 6.7 per
        171 words
      • Article
        Indah Kiat plans bonus issue
        91 4 JAKARTA Indonesian pulp and paper producer PT Indah Kiat will make a one-for-four bonus share issue, a company official said. The bonus will be issued on Dec 16 for shareholders registered on Nov 15. The company will also pay a final dividend of 100 rupiah
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      • Article
        Email to make A$117m cash call
        70 4 SYDNEY Electrical consumer goods manufacturer Email Ltd plans to raise ASII7 million (S$ 157 million) through a one-for-five rights issue at $2.75 a share. The company also announced a net profit of $42.8 million for the year to March 31, down from $80.10 million
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    • Article
      Lock icon PosGold buys mine assets
      151 4 Reuter ADELAIDE Poseidon Gold Ltd (PosGold) said North Broken Hill Peko Ltd has accepted its offer to buy North's gold and copper operations at Tennant Creek in the Northern Territory for an undisclosed sum. PosGold said last week the assets include exploration and mining tenements, processing
      Reuter  -  151 words
    • Article
      Lock icon Carter Holt Harvey's net profit down 15pc
      452 4 Results above analysts' forecasts Reuter AUCKLAND Carter Holt Harvey Ltd (CHH), 21 per cent owned by Brierley Investments Ltd (BIL), has announced a lower net profit but earned more than analysts had forecast for the March 1991 year. BIL recently received approval for
      Reuter  -  452 words
    • Article
      Lock icon Japanese papermaker may expand ties with Indah Kiat
      199 4 AFP TOKYO Japan's Hokuetsu Paper Mill Ltd is considering plans to broaden its ties with Indonesia's PT Indah Kiat Pulp and Paper, including a possible capital tie-up with the company. "We will make a formal announcement next week," a Hokuetsu spokesman said
      AFP  -  199 words
    • Article
      Lock icon China sets up corporate body in Hongkong
      232 4 FT HONGKONG China last week boosted its business influence in Hongkong when 11 of its lending companies, including the Bank of China and the China International Trust and Investment Corporation, set up the first umbrella body for mainland corporations operating in the colony.
      FT  -  232 words
    • Article
      Jardines claims primary listing for regulatory purposes is in London
      537 4 Talks for exempt listing in Hongkong still in progress HONGKONG International trading, investment and property group, Jardine Matheson, has claimed that its primary listing for regulatory purposes is now in London, although it is still negotiating with Hongkong authorities for
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      200 4 Neutra Rust the Incredible Barrier fj To combat corrosion, the world demands the U development of new high-tech water borne m coatings V N9utra Rust 661 std/hb ft High performance rust convenor. Requires no shot blasting It gives unrivalled technological protection against corrosion M M Neutra Rust Masonry Cots A
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      Page 4 Advertisements Column 2
      139 4 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given In our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      139 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Philips debt barely dented by Whirlpool sale
      378 5 Reuter AMSTERDAM Philips Electronics NV's proceeds of 1.2 billion guilders (SSI.OB million) from the sale of its stake in Whirlpool International is only small change compared with its huge 17-billion-guilder debt mountain, analysts said. Whirlpool Corp said earlier that it was exercising its
      Reuter  -  378 words
    • Article, Illustration
      Lock icon Plan for unified German stock market
      270 5 FT FRANKFURT The Frankfurt Stock Exchange on Friday put forward its plan for the creation of a unified German marketplace, designed to enhance the efficiency and competitiveness of securities trading in what is now a very regionalised system. The plan is likely to meet
      FT  -  270 words
    • Article
      Lock icon RJR Nabisco seeks to ease loan terms
      248 5 NYT NEW YORK RJR Nabisco Inc, which makes Oreo cookies and Camel cigarettes, reportedly wants its banks to relax terms on about US$6 billion (5510.6 billion) in loans so that it can use its excess cash flow to invest in developing products or
      NYT  -  248 words
    • Article
      Lock icon Defence contractors sue US govt for dropping A-12 plane
      222 5 Reuter WASHINGTON A law firm representing McDonnell Douglas Corp and General Dynamics Co said it has filed a lawsuit against the government over the Navy's cancellation last January of the A-12 attack plane. A clerk for the US Claims Court in
      Reuter  -  222 words
    • COMPANY BRIEFS
      • Article
        British Land set to post lower profits
        140 5 LONDON British Land Co pic is seen reporting pre-tax profit for the year to March 31, 1991, today of between £19.3 million (5557.9 million) and £25 million against £44.8 million last year, property analysts said. Forecasts for net asset value cluster around 400p
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      • Article
        Resignations at Brent Walker
        88 5 LONDON Troubled leisure group Brent Walker Group pic said its vice-chairman Sidney Carr and non-executive directors John Lewis and Norman Longsdale had resigned from the company's board. In a statement, the company thanked them for their "wise counsel and substantial contribution" over many years. There was
        88 words
      • Article
        Sucden to cut back trading
        89 5 PARIS French trade house Sucres et Denrees (Sucden) intends to cut back on its trading side and put more emphasis on the development of its agribusiness, co-chair-man Max Benhamou said in an interview with the French daily Le Figaro. "I intend to reduce our turnover
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      • Article
        Philips in Hungarian venture
        96 5 BUDAPEST Philips Electronics NV and Hungary's state-owned Videoton will soon set up a joint venture to make 1.2 million video recorders a year, the MTI-Econews agency reported. It quoted Videoton general manager Pal Berzethy as saying talks had reached an advanced stage and that an agreement
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      • Article
        Tenneco not selling J I Case
        97 5 NEW YORK Tenneco Inc sees new strengths in some markets served by its J I Case unit and has no intentions of selling or spinning off the heavy-equipment manufacturer, Tenneco chairman James Ketelsen said. "It would not be a very good time to do
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      214 5 1 janhie tay w Mrs Jannie Tay. Managing Director, The Hour Glass Group J THE HOUR GLASS LTD J Success... Calls For The Best Resources "\X'e have diverse business interests in wholesaling and retailing of watches, in jewellery, .1 restaurant chain and in properties. So you can imagine the challenge
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • Article
        Citicorp to launch Pakistan fund in HK
        44 6 HONGKONG Hongkong-based Citicorp International Ltd, investment banking arm of Citicorp, will launch a Pakistan fund the bank's first tomorrow, managing director Bruce McDonald said. The fund will invest mainly in companies listed on the Karachi Stock Exchange.
        44 words
      • Article
        Sumitomo opens Istanbul office
        62 6 ISTANBUL Sumitomo Bank Ltd, one of Japan's leading commercial and investment banks, has opened its first representative office in Istanbul. Yukiharu Fujimoto, general manager of the new office, said the office would be active in syndicated loans to the Turkish Treasury, Central Bank, Turkish banks, Tupras,
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      • Article
        Banks deny charging unfair rates
        63 6 LONDON British banks have promised to produce convincing evidence that they are not charging small businesses unfair interest rates, complaining that a government inquiry into their practices was politically motivated. "We can and will show that the majority of businesses have benefited from reductions in
        63 words
      • Article
        Next move in Japanese rates
        61 6 MADRID The next move in Japanese interest rates will be down but a cut in rates is unlikely at present. A senior Japanese official at a forex dealers' meeting here said: "There's no possibility that Japanese interest rates will go up further. The present level
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      • Article
        French, Czechoslovak banks tie up
        56 6 PRAGUE France's Societe Generale and Czechoslovakia's Komercni Banka have set uo a joint venture, which will be active in the privatisation of Czechoslovak state-owned companies. SocGen holds a 75 per cent stake of the venture. Societe Generale Komercni Banka A S, whose capital is worth
        56 words
    • Article
      HK to issue bonds maturing after 1997
      323 6 HONGKONG The government will seek approval from China prior to issuing bonds maturing after 1997, the South China Morning Post reported recently. Quoting a senior government source, the Hongkong newspaper added that even if the new airport project was scrapped, the medium term
      323 words
    • Article
      Simex players hanging on tightly to their seats
      265 6  -  By Quak Hiang Whai SINGAPORE The high futures trading volume on the Singapore International Monetary Exchange has led to a tight secondary market for Simex's seats lately. Industry sources say there are currently 11 bidders and only two sellers in the secondary
      265 words
    • Article, Illustration
      Lock icon One way to raise circulation
      59 6 Reuter picture HOLLINGBOURNE, England Hot air balloons lining up last Thursday during a preview of the International Hot Air Balloon and Bentley Fiesta, which took place over the weekend. Among the more Imaginative entries for this year's event was a balloon designed to look like
      Reuter picture  -  59 words
    • Article
      Lock icon Southern Bank sees business picking up
      199 6 Bernama KUALA LUMPUR Southern Bank Bhd expects its loan portfolio to grow at a faster rate this year as it becomes less conservative in its lending than it had to be last year due to the Gulf War, according to chief executive director Tan
      Bernama  -  199 words
    • Article
      Lock icon Japanese life insurance giants suffer fall in income
      310 6 AFP TOKYO Six of Japan'# major life insurance firms have announced a decline in their premium income in the year to March while all eight companies suffered from declining yields on their investments. The insurance firms, among the world's biggest financial institutions
      AFP  -  310 words
    • Article
      Lock icon Beijing rebuff only minor blow to HK finance
      323 6 Markets seen discounting Chinese rhetoric Reuter HONGKONG China s sharp attack on Hongkong's new Bill of Rights will dent short-term confidence but analysts forecast a speedy recovery in financial markets as the colony hardens to Beijing's acid rhetoric. The blue-chip Hang Seng
      Reuter  -  323 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      154 6 SELUNGON CREDIT COUU) TURN YOUR CASH FLOW WTO FROZEN ASSEIS Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be frozen in accounts receivables, restricting your company's growth. This is where International Factors
      154 words
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      Page 6 Advertisements Column 2
      48 6 Pidtfbfcfo INTERNATIONAL NETWORK The World's Largest Removals Company Pfckfords It a aiai ar company of Allad Van Llnaa, North Amanca'a loading movom. Whan you movo Pekforda-io-AHiad, mambari of it* aamo oorporaia taam look attar your poaaaaalona at both anda of tha movo. Call ut today SPEEDLINE 475 5557
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  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article, Illustration
      Lock icon Indon banks urged to cut down foreign borrowing
      551 7 Reuter JAKARTA Heavilyindebted Indonesia, which this week hopes for record new aid pledges from the West and Japan, has given warning it could face a debt crisis of Latin American proportions if its banks do not curb their appetite for foreign loans.
      Reuter  -  551 words
    • Article
      Lock icon Thai parliament approves draft of trademark Bill
      273 7 AFP BANGKOK Thailand's legislature has approved the first draft of a long-delayed trademark Bill designed to toughen penalties against those who make copies of world-famous brand name products. Officials on Saturday said the Bill was drafted after Thailand, along with China and India,
      AFP  -  273 words
    • Article
      Lock icon Strong economic line will stay, says Aussie minister
      317 7 Reuter SYDNEY Australia's new Deputy Prime Minister, Health Minister Brian Howe, said the Hawke government will continue to pursue a strong economic line. Mr Howe said there is no justification for the nervousness seen in financial markets following the challenge last Monday
      Reuter  -  317 words
    • Article
      Lock icon 200 foreign firms want to invest in Cambodia
      326 7 AFP PHNOM PENH Up to 200 foreign firms have applied to sink money in wartorn Cambodia under liberal investment laws launched in 1989, a planning ministry official has said. Of these, some 36 projects had been approved by the National Council of
      AFP  -  326 words
    • NOTE BOOK
      • Article
        Malaysia-Sudan trade to be boosted
        91 7 KUALA LUMPUR Trade between Malaysia and Sudan will be further enhanced with trade and private sector missions to follow up the two pacts signed between the two Muslim countries, President Lt Gen Omer Hassan Ahmed el Beshir of Sudan said. He added that a high-powered
        91 words
      • Article
        Taiwan to use forex reserves
        70 7 TAIPEI Taiwan has decided to use some of its huge foreign exchange reserves to finance its new six-year economic plans, the central bank said on Saturday. Taiwan has foreign currency reserves of US$74.B billion (S$ 132.4 billion), the world's largest, according to central bank officials.
        70 words
      • Article
        Japanese request under study
        62 7 PHNOM PENH The government is studying a Japanese request for Foreign Minister Taro Nakayama to have a meeting next week in Vietnam with Cambodian Premier Hun Sen, a top official said on Saturday. Mr Nakayama is due to arrive in Hanoi today as the first Japanese
        62 words
      • Article
        Laos denies use of chemicals
        52 7 BANGKOK Laos denied reports it was using chemical weapons against its hill-tribe rebels, saying a joint Thai-Lao military committee has found the allegations "completely groundless," the official Lao radio said. The radio also suggested that Thai officials "take appropriate measures" against those responsible for the
        52 words
    • Article
      KL mindful of industry's woes: plantations group
      353 8  -  By David Chew SINGAPORE The Malaysian government is trying its best to resolve the serious problems faced by Malaysia's plantation industry, says the head of the United Planting Association of Malaysia (Upam), Abdul Rahman Teh Mohamed. In a recent telephone interview with BT
      353 words
    • Article, Illustration
      Lock icon KL denies reports on Taiwan firms
      272 8 Companies' applications for pioneer status never rejected, says Rafidah Bernama BUTTERWORTH International Trade and Industry Minister Datuk Sen Rafidah Aziz on Saturday denied press reports in Taiwan that the ministry has rejected applications by Taiwanese companies for pioneer status. "Miti has never rejected applications
      Bernama  -  272 words
    • Article
      Lock icon Malaysia still top choice for Taiwan investments
      189 8 Reuter TAIPEI Malaysia remained the top location for Taiwan investments as overseas investments by Taiwan businesses more than doubled in the first five months of 1991 compared with the same period a year ago. The Taiwanese Investment Commission said, however, that foreign investments
      Reuter  -  189 words
    • Article
      Lock icon Labour rights group urges US to suspend KL's GSP benefits
      358 8 Bernama WASHINGTON The International Labour Rights Education and Research Fund (Href) is urging the US government to suspend Malaysia's duty-free benefits under the Generalised System of Preferences (GSP) programme because it alleged that Malaysia "has not complied with the worker
      Bernama  -  358 words
    • Article
      Lock icon Malaysia may not have to import tea after 1995
      294 8 Bernama TAN AH RATA There are indications that Malaysia may be headed towards self-sufficiency in tea by the year 1995 as four more states have started cultivating the crop in conducive areas, an industry leader said. Datuk S Brijkishore. chairman of
      Bernama  -  294 words
    • Article
      Lock icon Opposition mounting against Fiji govt
      244 8 AFP SUVA Opposition political groups and church leaders stepped up pressure yesterday on the interim government of Prime Minister Ratu Sir Kamisese Mara following a demand for its resignation by Fiji's military commander. At the same time, the Indian National Federation Party (NFI) claimed the
      AFP  -  244 words
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      138 7 Rushing to get to a meeting our engineer met We're on hand to deal with your problems 24 And when we say committed we mean it, ask wit han accident. But, so dedicated to the job hours a day, 365 days a year. AshtonTate if you don't believe us. was
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      264 8 tThe money coupon below U worth $20,000 in our BT Investment Race Contest #3. Cut it out and collect the coupons dally-fromJune 10to 14,1991 for total value of $100,000. In the June 15, 1991 issue of Business Times, you will find a Contest Entry Farm. On the Contest Entry Form,
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      84 8 BUSINESS (wunuNnr i ilste EXPORT ENQUIRIES WELCOME Tested by NUS Dept of Pharmacology and Medicine, SISIR, Prince Leopold Institute of Tropical Medicine Belgium, University Ghent Belgium, Ghana Standard Board FTY: PR EM AS Al SDN BHD MKTG: PREMACOM TRADING 38 SUNSET VIEW, SINGAPORE 2159, TEL *****66 FAX *****76 Distributed In
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  • THE WORLD 1
    • Article
      Lock icon Jobs report seen as pointing to US economic rebound
      418 9 Manufacturing, construction sectors improving Reuter WASHINGTON The May US employment report, showing gains in the key manufacturing sector, seems to show the American economy is emerging from recession, say economists. The US Labour Deparment last Friday reported a rise of 59,000
      Reuter  -  418 words
    • Article
      Lock icon All eyes on US inflation
      256 9 Reuter NEW YORK Data on US wholesale and retail inflation last month will dominate the calendar of scheduled reports this week, say economists. A Reuter survey shows analysts on average look for the overall producer price index (PPI) to rise 0.3 per cent in May
      Reuter  -  256 words
    • Article
      Lock icon US, Japan revise curbs on super computers
      248 9 NYT WASHINGTON The Bush administration has announced that the US and Japan will revise their export controls on supercomputers to discourage the spread of nuclear weapons in the Third World but will ease controls on sales to Western Europe. The informal agreement announced
      NYT  -  248 words
    • Article, Illustration
      Lock icon Economists warn of longer UK recession
      433 9 Reuter LONDON Britain's Conservative government is looking to consumers to haul the country's economy out of a deep recession in time for a general election that must be held by July next year. But economists warn that its hopes could be dashed if rising
      Reuter  -  433 words
    • WORLD WATCH
      • Article
        Moscow to revive trade links with Belgrade
        64 9 BELGRADE Soviet Prime Minister Valentin Pavlov, expressing support for Yugoslav unity, says Moscow has agreed to revive sagging bilateral trade. In talks with Yugoslav Prime Minister Ante Markovic last Saturday, Mr Pavlov also reiterated Moscow's support for the federal government, whose efforts to
        64 words
      • Article
        Pakistani policy looking East
        81 9 ISLAMABAD Pakistan is planning to focus its foreign policy on the economically vibrant countries of the AsiaPacific region. "We already have excellent relations with China." said Foreign Ministry Secretary-General Akram Zaki in an interview in the English-language daily Dawn. "We have growing cooperation with Japan and
        81 words
      • Article
        India gets 160-day oil credit
        70 9 NEW DELHI International oil suppliers have agreed to provide a 160-day credit to India in the current financial year ending March 31 next year. The Press Trust of India (PTI) said last Saturday that the credit facility for India, faced by a serious balance of
        70 words
      • Article
        British Telecom criticised
        100 9 LONDON British opposition leaders lashed out last Saturday at British Telecom for giving a 43 per cent pay increase to the company chairman in the latest furore over executive salary increases in an ailing economy that has cut jobs. Directors of the telephone company voted to raise
        100 words
      • Article
        Call to stop money laundering
        69 9 SANTIAGO The Organisation of American States has urged Latin American nations at its annual meeting to take rapid steps to stop the laundering of billions of dollars of drug money in the region. The OAS General Assembly, which ended in the Chilean capital last Saturday,
        69 words
      • Article
        Voting to change the vote
        64 9 KOMI: Italians were scheduled to vote yesterday in an electoral reform referendum that could hit the Mafia and serve as a protest against the stagnant political system. They are to decide the fate of an ambitious plan devised to stamp out electoral fraud and weaken
        64 words
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      Lock icon Kaifu's agenda holds key to future
      617 11 Success on rice imports, troops overseas and electoral reform could earn second term Reuter TOKYO Japanese Premier Toshiki Kaifu hopes to tum the tables on his detractors by completing an ambitious political agenda: opening the domestic rice market, sending troops abroad to share global
      Reuter  -  617 words
    • Article
      Lock icon US shareholders remain resolute on fighting apartheid
      453 11 AP NEW YORK Corporate America and its shareholders are less eager than others to reward South Africa's steps towards ending apartheid. Opponents of apartheid say US shareholders continue to support resolutions demanding that their companies reduce investments in South Africa and end financial
      AP  -  453 words
    • Article
      Lock icon EC clears French HDTV subsidy for Thomson
      193 11 Reuter BRUSSELS France would be allowed to give state-owned electronics group Thomson SA US$43O million (***** million) in subsidies to help it compete in a global race to develop a new generation of television technology, the European Commission said last Friday. "'[his is
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    • Article
      Lock icon S Korea to ease some forex curbs
      246 11 Reuter SEOUL South Korea will relax some foreign currency exchange restrictions as pledged in unofficial talks with the US in Tokyo last month. Finance Ministry officials said yesterday. "We are considering easing regulations step-by-step in some areas," a government official said. Domestic companies
      Reuter  -  246 words
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      368 9 WHEN IT COMES TO SAVING VALUABLE SPACE AND MONEY, ONLY ONE ELECTRONIC HUNG SYSTEM STANDS OUT. AND STANDS ALONE. HERE'S AN EASY WAY OF SAVING UPTO $15,000 PER ANNUM. about anywhere. In a few minutes. Because it is the only information at an ultra high speed of 40 pages per
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      364 10 J| M" J f' v¥ f *V^P*i^ With NCR System3ooo, Adding Processing Power Is No Longer A Big Step. The NCR System 3000 Family of Scalable Processors. In fact, this system will be among the first to use Intel's new The NCR System 3000 lets you add processing power in
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      400 11 y v« H 1 c-J p jfojil ?A r I1S1«B 151# I Bk»l«SM*9 I M mf. gmmmtin u H 1 m l l H I 1 IfMl I II If you're looking for a head start indesktop And you needn t worry about sacrificing line productions, as well as sharper
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  • ANALYSIS
    • Article
      Lock icon Designing with environmental concerns in mind
      838 12  -  Several industries have begun designing products that are easy to disassemble into readily recyclable parts. John Holusha reports John Holusha NYT Environmental concerns are moving onto industrial designers' drawing boards. Designers of autos and home appliances in the US have traditionally worried about appearance,
      NYT  -  838 words
    • Article, Illustration
      Asia's best markets for the US
      946 12  -  Industrial and business products top the 'best prospects' list for US exports to this part of the world, notes a recent survey. Chuang Peck Ming has the details Chuang Peck Ming Malaysians are looking and smelling as good as the rich, which spells good
      946 words
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      114 12 It I K I ft 1 S i" fl ft 1 As Korea's leading F*' W- r I JffSS- business hotel for over a decade, Hyatt Regency H53E. r > Seoul has learned you're not just looking for accom- modation, but a sanctuary. A quiet hour stolen in l£~ .gdjgg
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  • Page 12 Miscellaneous
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      Page 12 Miscellaneous Column 1
      84 12 DOONESBURY BY GARRY TRUDEAU I KNOUJ SOME FOR6ET UJHAT MOULD YOU SAY IF I ANPt/UHAT UJOULV YOU SAY IF I IT 15. OFTHE6ECAM- Allium, TOW YOU THAT THIS AGENCY FURTHER TOO? YOU THAT THE ONLY I'D SAY IT'S FWGNSSEEM Ml KB. IST REFUSED All ACCOUNTS FROM KJNP OF PEOPLE WE
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Nightingale wisdom
      166 13 BURSON-MARSTELLER describes him as "extraordinary and most unusual", and has put together some gems of insight that GeotY Nightingale has produeed over the years. Eaeh page of Sightingales is filled with a quote and a hand-drawn bird. As Mr Nightingale told BT: "The quotes may not be all
      166 words
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      MEMOPAD
      486 13 Seminars and courses Duration Tide Venue Organiser Tel June 10 Recruiting Marco Polo Dominion *****25 Foreign Labour- Singapore Conferences Rules Guidelines Publications Pte Ltd June 11 Telephone Hyatt Regency Time/System *****39 Effective Singapore Singapore Pte Workshop Ltd June 11- Marketing RiverView Asian Direct *****20 12 Strategies Hotel Marketing Centre
      486 words
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      Lock icon Debunking management myths
      1487 13  -  Burson-Marstellers corporate positioning guru Geoff Nightingale flew in from New York recently to impart his brand of management consulting to the local office. In an interview, BT finds him throwing out traditional theories and concepts By Anna Teo SOME organisations put themselves out to overcome cultural barriers
      Photo by Arthur Lee  -  1,487 words
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      32 13 Management Consultancy Sl# I I T r 1/ Seminars And Training H II I I Business Assistance It I L L I L It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
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      138 13 11l v m I IwJ P 9 I' HHnnmr^H 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 1992, whenever you fly Qantas to Australia, best hotels. You'll
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      526 14 Sigma: Redefining First FOUR-WHEEL STEERING ABS 3.0-LITRE V6 MPI CRUISE CONTROL CLIMATE AIRCON ELECTRONIC! ■v 3* vJt f '«3C Y/ I ;|^j|^|j|^ Mitsubishi Motors' latest top-of-the-line executive cruiser, packed with all the frills and trills, is designed to NCE IN A LONG WHILE, we are unthinking gadgets. After all, all
      526 words
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      776 15 Siss A BT SPECIAL ADVERTISING FEATURE Men the helm (from left): Chairman Tan Sri •^lgl rf; a Dato' Haji Ismail; Director/General Manager Operations— *jKMflHSk 4| Singapore, Australia FABl Zealand) Eng; a^HHn vflQ Group Officer ■H^HhI Thomas Chua Boon Lee r 1 OTAL customer satisfac- The group has a substantial 1990,
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  • SPORTS 1
    • Article, Illustration
      Lock icon Irwin leads Buick Classic
      357 16 One shot separates leader from second-placed contender Reuter HARRISON. New York Hale Irwin took charge of the million-dollar Buick Classic golf tournament last Saturday with a bogey-free round of 67 at the Westchester Country Club course. Irwin, who won the US Open and this title in
      Reuter  -  357 words
    • Article
      Lock icon Alcott now a round closer to entering Hall of Fame
      338 16 AP SOMERS POINT, New Jersey Amy Alcott, a spot in the LPGA Hall of Fame within her grasp, shot a three-under-par 68 last Saturday and grabbed a one-shot lead heading into the final round of the Atlantic City Classic. A
      AP  -  338 words
    • Article, Illustration
      Lock icon Trevino heads senior pack into final round
      329 16 UPI DEARBORN, Michigan Lee Trevino fired a three-under-par 69 last Saturday to take a three-stroke lead over the field at the USSI million (551.78 million) Senior Players Championship. Trevino, who entered the round leading by two strokes, has a three-round total of 10-under-par
      UPI  -  329 words
    • Article, Illustration
      Lock icon Leading European stars to take crack at US Open title
      538 16 AP CHASKA. Minnesota A new generation of European golfing stars has matured and. with the return of the US Open golf championship to the Hazeltine National Golf Club this week, is poised to pounce on a title that has eluded
      AP  -  538 words
    • Article, Illustration
      An all-American affair
      385 17 The French Open PARIS The only anticlimactic aspect of the finalround clash between Andre Agassi and Jim Courier in the French Open yesterday was the nationality of the event's next champion. The champion hails from the US, something that hasn't happened since Tony Trabert defeated Arthur Larsen
      385 words
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      Lock icon Seles promises to change style
      713 17 Women's champion wants to play serve-and-volley AFP PARIS Monica Seles has issued a chilling warning to potential opponents after retaining her French Open crown last Saturday by making it clear that she is going to change the way she plays. The 17-year-old left-hand-er, half-way to
      AFP  -  713 words
    • SIDE LINES
      • Article
        Rono wins world championship warm-up
        78 17 VANCOUVER Olympic champion Peter Rono of Kenya won the 1,500 m at the Harry Jerome International last Saturday in a successful warm-up for the upcoming world championships in Tokyo. Rono cruised to victory in three minutes and 38.28 seconds over American Greg Whitely and Doug
        78 words
      • Article
        Doohan clinches pole position
        85 17 SALZBURG Heavy showers failed to prevent championship leader Michael Doohan from qualifying in pole position for yesterday's Austrian 500 cc motorcycle Grand Prix at the ultra-fast Salzburgring. The Australian Honda rider put in a superb last lap in the second practice session last Saturday to leave
        85 words
      • Article
        Sainz top seed for NZ rally
        71 17 AUCKLAND Spain's Carlos Sainz. leading the world drivers' championship after six rounds, is the top seed for the Rally of New Zealand starting on June 26. organisers announced yesterday. The Toyota Team Europe driver with co-driver Luis Moya was a last-minute entry. Another surprise
        71 words
      • Article
        Barnard leaves Benetton team
        83 17 LONDON John Barnard, widely regarded as one of the most innovative and successful designers in Grand Prix motor racing, parted company with the Benetton Formula One team last Friday. Benetton said there had been a "basic contrast in ideas in the running of the company on
        83 words
    • Article
      Lock icon Lendl to clash with Cash in grasscourt event
      148 17 AP BECKENHAM Topseeded Ivan Lendl whipped Jason Stoltenberg 6-2, 6-2 last Saturday to set up a clash with another Australian, former Wimbledon champion Pat Cash, in the final of the Beckenham grass court championship in England. In the other semi-final. Cash beat
      AP  -  148 words
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      2221 16 ASIA BUILDING SOCIETY LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31ST DECEMBER 1990 5 investments The Group and The Company--The GROUP- -THE COMPANY- 19 90 ,9*9 Note 1990 1989 1990 1989 Long tarm S$ SS S$ SS SS s$ rgapore Govemrreni Securities
      2,221 words
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      305 17 ARE YOU GETTING THE RIGHT FINANCIAL TREATMENT? Any business can grow, but it's the care and attention And with the latest systems and service support, showered on it that makes a business bloom. our experts have the right tools to provide the right And that takes the "green Angers" of
      305 words
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      162 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. 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. l% INCI'S A MKMn,:R OKCI>L HOTELS ihjiii .mn»,ai-oki Haveloek Road, Singapore
      162 words
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      Page 18 Advertisements Column 2
      255 18 A SP\RKUNG NEW FORMATION APPEARS TONIGHT ABCM StXTTTS R(KI) CANOPY BAR With its spectacular glass frontage. the C an< >p\ H.u 1 in the ideal place lo see the Mars li s also|Singaporc s newest and mini exclusive rendezvous. The anopy Bar. upstairs at the Hyatt HIGH With a tempting
      255 words
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      Page 18 Advertisements Column 3
      208 18 We've spiced up Happy Hours. fis back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between Hrarh kikKl Sinearm"' 0719 Tel WHUIIII Catch the Cuatro Calienteis at the Bugis Lounge Vies. Singapore welcomes bock 'The Cuatro Calientes moke their the sizzling
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      Page 18 Advertisements Column 4
      337 18 ■Be If you thought The Belvedere's Italian buffet was just kPIb 9h pasta, you're in for a huge surprise. For our Mm extravagant buffet will tempt you with over 60 other specialities from Italy. Buon Appetito! jjlffl We serve the world to you at The Belvedere. BOH Italian Buffet Lunch
      337 words
  • Page 18 Miscellaneous
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      Page 18 Miscellaneous Column 1
      747 18 TELEVISION AND RADIO T\_ t J SBC« IS Agent Cooper 534 BUSINESS ON RADIO IWO gOOQ aCIS 7.00 AMCHN international (I) IS BSC, 89.9 mHz in VHF Band H O ®*J gj* Eyed Jacks Casino, While Au- 6.45 Religious Programme. 5.30pm, 3.25 am: Financial News w rn hm ■annRH (L|.
      747 words
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  • THE ARTS
    • Article
      Lock icon Immortal masterpieces to snooze by
      781 19  -  Is classical music a thing of the past? Sadly yes, says Joseph Horowitz. And its troubles are more artistic than financial Joseph Horowitz NYT AS in years past, the American Symphony Orchestra League's annual convention, which begins on Wednesday in Chicago, is shadowed by worry
      NYT  -  781 words
    • Article, Illustration
      A feast for the eyes
      563 19  -  Lisa Lee previews Les Grands Ballets Canadiens Lisa Lee MORE than half a decade after their last sellout performance here in 1984. Canada's Les Grands Ballets Canadiens will once again weave its brand of magic in Singapore. One of the more renowned and enduring international
      563 words
    • Article
      A rare find of Chinese art-songs
      684 19  -  Chin Lian Khion is enchanted by two CDs of Chinese art-songs Chin Lian Khion Compact discs on Chinese art-songs are hard enough to come by. and those offering varied and imaginative programmes are indeed treasures to be cherished. Compliments should be given to Hugo
      684 words
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      221 19 AND ENTEBTAIN Businessman's Buffet At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00++ per person. A ANA HOTEL
      221 words
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      Page 19 Advertisements Column 2
      215 19 Options j|^v Introducing a p m new dining experience. V LUNCHEON OPTIONS f' Light Buffet from $14.00+ fHa /***k (All weekdays except Public Holidays) DINNER OPTIONS Tai Pai Thong" dishes from $4 00+ (Saturdays to Thursdays from 6.30 pm) v 4zjjk Full Barbeque Buffet at $22.00+ (Fridays only, from 6.30
      215 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      31 19 i iy>0 by 4 p »i Spoo*»' Ov-Dxiwl 6T Sy*V«'w Joe Pat Spooner m Will couldn't get Beetho\en's 5th Symphony out of his head. Unfortunately, it was on a cassette. Punch
      31 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market drifts lower after hitting year's high
      5691 20  -  By Dexter Lee THE Singapore stoek market was generally quiet last week, with most investors sidelined. The main excitement came from the Stock Exchange of Singapore's spate of rulings late in the week. On Thursday, the SES publicly censured UIC and then, on
      5,691 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4245 21 Main Board S1A Foreign 1980 > 120 +6 5% DBS Foreign 1460 +90 +6 6% SFH Foreign 1340 +90 +7 2% SIA 200 1380 40 3 0% DBS 1240 i-40 +3.3% SPH 915 +35 *4.0% Acma 236 +22 +10 3% SIA 1370 +20 +1.5% Spore
    4,245 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall Street's performance difficult to figure out
      803 22 Good economic news, but Dow crashes back below 3,000 level FT lIP^NEWYOFW NEW YORK'S sports writers are an enjoyable read funny, caustic, pithy, hugely opinionated and not a little mad. But if they have a common fault, it is a tendency to start
      FT  -  803 words
    • Article
      Lock icon Nikkei finishes 2.9pc lower on thin volume
      336 22 AFP 6>TOKYO SHARE PRICES fell back in thin trading on the Tokyo Stock, Exchange last week, with the 225-issue Nikkei Stock Average suffering a 754.51-yen or 2.9 per cent weekly loss. The broader-based Tokyo Stock Price Index of all issues in the major
      AFP  -  336 words
    • Article
      Privatisation has its catches
      889 22  -  By Ray Heath PRIVATISATION was the flagship of the Tory party when it swept to power in 1979. Moribund, publicly owned interests, run by faceless bureaucrats were to be turned into exciting entrepreneurial businesses; no longer a drain on the taxpayer, but exciting performers, open to
      889 words
    • Article
      Lock icon Hang Seng Index loses 69 points
      168 22 AFP HONGKONG SHARE PRICES dropped marginally in lacklustre trading during the week, with the Hang Seng Index shedding 69.24 points or 1.8 per cent to close the week's trading on Friday at 3,637.77. Average daily turnover also fell to HKSI.OI billion (US$l3O million) from
      AFP  -  168 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        98 22 DOUBTS ABOUT the economic policies of new Treasurer John Kerin helped undermine Australian stocks during the week, brokers said on Friday. The market indicator, the All Ordinaries Index, ended 32.5 points or 2.1 per cent lower at 1,477.5. The All Industrials Index slumped 68.7 points to 2,298.8 and the
        98 words
      • Article
        BANGKOK
        82 22 THE Securities Exchange of Thailand (SET) index closed at 820.70 points on Friday at the end of a brisk week, marking a 1.55 per cent rise above the previous week's closing of 808.19 points. Daily average turnover was up sharply at 30.6 million shares worth three billion baht (US$l2O
        82 words
      • Article
        TAIPEI
        353 22 SHARES changed hands within a narrow price range on the Taiwan stock exchange last week, with the market index drifting between 5,600 and 5.800 points amid dull trading and lower demand for scrip. After the previous week's 7.9 per cent plunge, the 228issue weighted price index inched up 194.84
        353 words
      • Article
        JAKARTA
        110 22 MOST share prices in the Jakarta Stock Exchange (JSE) strengthened again last week as trading gradually picked up after the inertia of the previous week. Renewed trading activities at the market pushed share prices up slightly, mostly those in the industry sector, while others either remained stable or dropped
        110 words
      • Article
        MANILA
        106 22 PHILIPPINE stock markets remained sluggish last week even as traders awaited the much ballyhooed listing of new firms on the exchanges, bourse spokesmen said. At the Manila Stock Exchange. the composite closed at 1.157.52 points on Friday, down 16.07 points or 1.3 per cent from the 1,173.59 points posted
        106 words
      • Article
        SEOUL
        77 22 SEOUL shares fell last week to their lowest levels this year, prompting small investors to stage noisy demonstrations to press the government to perk up the sagging bourse. The broad-based composite stock price index, which opened at 605.11 on Monday, fell to 601.19 on Tuesday, its lowest point so
        77 words
      • Article
        Lock icon BOMBAY
        105 22 AFP SHARES on Indian stock markets went on a steady slide in nervous trading last week with the Bombay Stock Exchange (BSE) sensitivity index losing 59 points to close at 1.248 on Friday. The national index shed 29 points to close at 620. Market analysts gave several reasons for
        AFP  -  105 words
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      95 22 ,#v s It could be a controversial deal between two stock I market stars, a thought-provoking report by j university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      95 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market takes a breather after good gains
      4533 23 MBT THE Kuala Lumpur stock market paused to consolidate last week after touching new highs in the previous week. The market was easier on three days during the fourday trading week. It was closed for the King's birthday on Wednesday. The correction last
      MBT  -  4,533 words
  • Page 23 Advertisements
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      44 23 ThoseEwords |H| v Wbat are tbey? Could tbey have SBC actress Madeline patch ber broken jJF relationshipf Hr/. j&Utm jOH* Tbe Couples series nH|V continues in All 77jt> iVew Paper today [)rfMQ| The latest news AAd much more. From lunch-time. l.lliwi* Monday to Saturday.
      44 words
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  • WORLD STOCK MARKETS
    • Dow closes lower on profit-taking
      • Article, Illustration
        NEW YORK
        1296 24 NEW YORK stock prices continued their retreat last Friday, with analysts citing weak bond prices and profit-tak-ing after the record close earlier in the week. The latest reading of the economy's pulse, the monthly job numbers, received a mixed reaction. After trading even lower earlier in the day,
        1,296 words
      • Article, Illustration
        LONDON
        743 24 LONDON shares ended lower on Friday as a slump on Wall Street dragged stocks down. Shares languished for most of the session as a lack of economic and corporate news left investors with little sense of direction. But London stocks sank on a poor start on Wall Street. The
        743 words
      • Article
        FRANKFURT
        323 24 GERMAN shares ended firmer on Friday after a quiet bourse session. Dealers were cautiously optimistic that prices could continue to build on recent gains. The 30-share DAX index ended 5.47 points firmer at 1,709.64. But it stayed almost 1.1 per cent below a 1991 high of 1,728.32, reached on
        323 words
      • Article
        PARIS
        274 24 THE PARIS bourse finished lower in meagre trade on Friday, moving further into negative territory after Wall Street plunged on US May employment data. One dealer said: "When it's thin everyone just waits around and stares at Wall Street." He said the temptation to take profits before the weekend,
        274 words
      • Article
        AMSTERDAM
        340 24 DUTCH shares closed mostly easier in thin trading last Friday, unable to hold their minimal opening gains after light option-related selling set in. dealers said. But a steady dollar and the better performance of most bourses abroad kept losses limited. One dealer said: "All in all it was a
        340 words
      • Article
        Untitled
        123 24 Brussels June 7 Francs FORWARD MARKET Acec 2660 50 Arbed 4450 105 Astur 1040 20 Brascan 610 unch Canpac 628 -16 Cock 190 10 De Beers 832 6 Ebes 8400 Gb-Inno-Bm 1418 +6 Gevaert 7140 +90 Gr Bru Lamb 3765 35 Hobok Petro ***** -25 Ryl Dutch 2900 55 Sidro
        123 words
      • Article
        MILAN
        225 24 ITALIAN share prices on Friday rebounded in the latter part of the session, recouping much of their earlier losses to end on a more optimistic note, brokers said. Although the MIB allshare index finished 0.25 per cent lower at 1,184, the underlying trend by the close was pointing to
        225 words
      • Article
        STOCKHOLM
        95 24 STOCKHOLM prices last Friday closed off early lows but slightly down from Thursday in moderate trade, marked by caution and consolidation after recent gains, dealers said. The bourse general index slipped 0.22 per cent to 1,117.64 on a turnover of 450 million crowns. The blue chip index dipped 0.19
        95 words
      • Article
        ZURICH
        266 24 SWISS shares on Friday closed little changed in lacklustre trading which saw some demand for chemicals in an otherwise quiet market. The all-share SPI index, which fluctuated in a narrow range of four points, added one point to 1,120.8. Dealers described trading as boring and said the market was
        266 words
      • Article
        JOHANNESBURG
        372 24 IN JOHANNESBURG, buoyant gold shares continued to lead the stock market upwards on Friday. Dealers said a continued shortage of quality scrip gave prices an added boost. Recent gains have been driven bypersistent demand from both local and foreign investors amid firm world bullion prices. A rally in the
        372 words
      • Article
        TORONTO
        218 24 TORONTO stocks closed firm on Friday after recovering in the last few minutes of trading. The TSE-300 ended 5.2 higher at 3,582.1, recovering from a midday low of 3,569.77. Advances led declines by 326 to 282 on a volume of 25.8 million shares. Toronto June 7 CS Abitibi Price
        218 words
      • Article
        INDICES & TURNOVER
        85 24 INDICES TURNOVER NEW YORK (lose Pre»»ous June 7 Dow Jones NYSE Financial SSl P 500 Turnover (million) 2,976.74 2.994.86 155.30 156.85 379.43 ***** 168.1 168 3 •18.12 -1.55 -4.20 -0.2 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.955.2 2.506.3 393 8 1.974.1 2.525.3 435.7 -18.9 -19.0 -41.9 AMSTERDAM CBS
        85 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      34 24 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
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback rises on higher jobs data
      503 25 NEW YORK Reuter THE American dollar closed higher in New York last Friday, propelled by an unexpected rise of 59,000 in US May non-farm payrolls. "That seals a lot of opinion that we are headed higher" for the dollar, said Belal Khan, a dealer
      Reuter  -  503 words
    • Article
      Lock icon US unit generally firmer in Asia-Pac
      620 25 ASIAN CURRENCIES AFP ASIAN CURRENCIES mostly lost ground against the US dollar last week owing to signs the American recession was ending. The yen, Australian dollar, Malaysian ringgit, New Zealand dollar, Singapore dollar. South Korean won and Thai baht all fell. The exceptions were
      AFP  -  620 words
    • Article
      INTERBANK FOREX RATES
      397 25 Cross rates June 8 USS SS* MS* Dm Yen SFr AS NZS USS 1.7745 2.7690 1.7720 140.38 0.5985 1 5180 1.3301 1.7271 SS* 0.5635 1.5604 0.9882 0.7844 0.3340 0.8467 0.7484 0.9699 MS* 0.3611 64.08 0.6333 0.5027 0.2141 0.5426 0.4796 0.6216 Dm 0.5643 1.0120 1.5791 79.22 0.3378 0.8567
      397 words
    • Article
      MONEY MARKET
      519 25 Interbank rates S$ Bid" Offer Overnight 5 1/8 5 1/4 1-month 5 1/4 5 3/8 2-month 5 7/16 5 9/16 3-month 5 9/16 5 U/16 Overnight mode: 5-1/8 USS High Ixiw 7 days 6 5 15/16 1 month 6 1/16 5 15/16 2 months 6 1/8 5 15/16
      519 words
    • Article
      Lock icon Single European currency worries forex traders
      389 25 Reuter MADRID The prospect of a single currency in Europe has raised concerns about the future of forex trading among dealers gathered here for their annual congress. But they believe new opportunities will enable them to weather the storm. Some dealers look aghast at
      Reuter  -  389 words
    • Article, Illustration
      Lock icon Kuwait rules out dinar devaluation
      293 25 Central banker says there's no need for a weaker currency Reuter KUWAIT Kuwait's Central Bank governor has ruled out a devaluation of the dinar in spite of the curtailment of oil revenue caused by Iraqi sabotage. Sheikh Salem Abdulaziz al-Saud al-Sabah's remarks appeared aimed at
      Reuter  -  293 words
    • Article
      Silver rally hogs precious metals scene
      438 25 GOLD FINANCIAL FUTURES REPORT LAST WEEK'S trade in precious metals was marked by silver's two-day rally, which at one point totalled 51 US cents, almost 10 times the size of its recent average daily range. Spot gold traded between Wednesday's U*****.10 and Friday's U*****.20
      438 words
    • Article
      FINANCIAL FUTURES
      292 25 IMM June 7 DEUTSCHEMARK Open High Low Sett Vol Op/lnt Jun 91 0.5687 ***** 0.5631 0.5641 39.238 90,573 Sep 91 0.5647 0,5648 0.5589 0.5600 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 93.79 93.79 93.73 93.76 142.928 888,022 Sep 91 93.50 93.50 93.38 93.43 JAPANESE YEN Open
      292 words
    • Article
      PRIME LENDING RATES
      498 25 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 Arab Bank PLC 7'/« ANZ Banking Group 8 Ban Hin Lee Bank 7% Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7V« Bank Bumiputra 8
      498 words
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  • COMMODITIES
    • Article
      Lock icon Rises in silver prices will be limited: analysts
      527 26 Reuter LONDON Silver has risen sharply to its highest level for around eight months this week but while charts point to further gains, the metal's fundamentals suggest these are likely to be limited. "The recent rise, especially in silver, but also in
      Reuter  -  527 words
    • Article
      Lock icon Foreign interest puts life back into Brazilian coffee market
      249 26 Reuter RIO DE JANEIRO Renewed foreign interest has pulled Brazil's coffee market out of its recent lethargy with most exporters reporting increased sales. "We've seen a lot more interest from all sides for all grades of coffee," one trader said. "Today,
      Reuter  -  249 words
    • Article
      Lock icon Silver recovers shine, gold follows suit
      865 26 REPORTS AFP THE precious metals sector once again provided most of the action on commodities markets last week, this time thanks to an 8 per cent surge in the price of silver over two days. Silver was supported by signs of a recovery in
      AFP  -  865 words
  • Article
    PRICES
    1108 26 Rubber HAS (fob iii bal* S cents/kg Int 1 RSS Close June 3 147.75 June 4 148.50 June 5 148 75 June 6 147.75 June 7 147.75 MRELB (fob Hi bates) M cents/kg Int 1 RSS Close June 3 228.50 PrflfOTM 230.00 June 5 June 6 230.00 June 7
    1,108 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1507 26 BUSINESS TIMES TBLBPHONB: 730-3771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF EXA MANAGEMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract ot the Minute# of an Extraordinary General Meeting of the members of Exa Management Pte Ltd convened and held at 21,
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      Page 26 Advertisements Column 2
      51 26 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1003 27 City Flight ETA night ETC City Flight ETA Flight ETD SQ228 1905 SQ227 2200 671 1800 SQl 14 1745 1845 1850 1945 Amsterdam SQ23 KL841 0700 1055 KL842 2035 SQl 13 MH613 MH615 1805 1850 1945 SQl 16 MH6I4 SQl 18 MH616 1 SQ25 0735 SQ36
    1,003 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Lock icon Spain banks on 'forgotten' Pyrenees
      627 27 LETTER FROM JACA Reuter THE town of Jaca, Spain's candidate to host the 1998 Winter Olympics, believes the time of the Pyrenees has come. "Finally, the Pyrenees," is a slogan adopted by the Jaca bid committee in an effort to bring the Olympics to a
      Reuter  -  627 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3320 1.332 Canadian dollar 1.540 1.5600 NZ dollar 1.020 1.0500 Sterling pound 2.9800 3.0100 US dollar 1.7720 1.7820 Local dollars to 100 units of foreign currency Austrian schilling 14.20 15.20 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      80 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td June 2nd International Centra Instituto (541)*****40 June 7-10 International Milano E.A Fiera *****971 5-11 Exhibition On Municipal de Aigentino del Exhibition of (Italy) Internationale Packaging Exposiciones, Envase Gift Articles, Milano Buenos Fancy Goods, Airej Perfumery Itmes. Costume
      80 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      36 27 Ronald you'll relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. Qr/A/ MM9 We know Europe from etart to Finnish.
      36 words
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      Page 27 Advertisements Column 2
      155 27 There's a helpful Singaporean in almost any foreign phone booth. Now, SingaporeDlßECT is 25% off. In over 20 countries, you can instantly get in You don t need coins, either Use a Singapore touch with a Singapore operator from any phone Telecom International Telephone Credit Card, or by using SingaporeDlßECT.
      155 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      319 27 Having reached the career in the Pennines (2,3,4) II 8 What Jacob did to his pot- I I I 1 I I L_J__L_L_L_L_BB and Esau to ™-P^t— ed diet (4) 12 Determined to surgical 14 13 I should adopt each propos- 16 I I I faced bow East to reveal
      319 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      203 27 Singapore Outlook: Fair. Report: Maximum temperature 32.2 Assoc humidity 70% Minimum temperature 26.2* Assoc humidity 96% Hours of sunshine 11.30 Rainfall in mm Nil Rainfall this month 87.9 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/12 Rain Bangkok 32/25 Showers Beijing 23/18 Sunny Brunei 31/25 Showers
      203 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      114 27 j fciifUiCTfl/WWflffEEl I uhq S HC liT UAS HE. WHO "THS. imrnofcTM. mR.W.StOU-peoyT THIS) I *S&UV.NO CL6RK. LW* DOIOW WOUR ffeN ofcOc# v£ -z I T. 5 meex TO DO SO NOU) WD THGNI. J nour wowies P»ND VOUR CAfces /fijpO) P=«o€.r THOSC eve_RYD*Y bhfairs... 'ffl 2 fs- vM 'TIS
      114 words
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  • Article
    Indonesia to allow foreigners to buy bank shares soon
    763 28  -  Move will pave way for banks' privatisation From Maggie Ford in JAKARTA FOREIGN investors are to be allowed to buy shares in Indonesian banks according to a new bank law due to be made public later this month. In a related
    763 words
  • Article, Illustration
    A hero's welcome for Gulf War troops
    45 28 WASHINGTON DC Cheered by an estimated 200,000 people, US troops who fought in the Gulf war received a hero's welcome at a victory parade last Saturday. Crowds were also thrilled by a fly-by and a big fireworks display.
    45 words
  • Article
    Lock icon Tourists trickling into Cambodia despite instability
    239 28 AFP PHNOM PENH Tourism is starting to take off in wartorn Cambodia after a year of recession following the Vietnamese troop withdrawal and fears of a Khmer Rouge takeover. A total of 8,989 tourists flocked to Cambodia in the first four months of the
    AFP  -  239 words
  • Article
    Lock icon Vietnam plagued by unemployment and environmental woes
    210 28 AP BANGKOK Vietnam's soaring population is creating severe unemployment and environmental problems, official reports seen yesterday said. Describing Vietnam as "a hotbed of the population explosion", the Vietnam News Agency said the current population of 67.5 million was expanding at a rate of
    AP  -  210 words
  • Article, Illustration
    PM Goh takes part in Town Council joy
    75 28 PRIME MINISTER Goh Chok Tong yesterday joined Marine Parade residents in celebrating their Town Council Day. During his visit, Mr Goh, who is also the Marine Parade GRC MP, looked at a $1.2 million covered linkway built by the Town Council. Residents
    75 words
  • Article
    Lock icon Malaysia urges dialogue on gas and oil
    298 28 Bernama KUALA LUMPUR Malaysia yesterday called for a dialogue between oil and gas producers and consumers to enable them to face the future of the industry with more confidence. The Minister in the Prime Minister's Department, Syed Hamid Albar, said both producer and
    Bernama  -  298 words
  • Article
    Lock icon De Klerk calls for African trade blocs to compete with Europe
    261 28 Reuter NAIROBI In groundbreaking talks with Kenyan leader Daniel arap Moi, South African President FW De Klerk has proposed that Africa should be divided into a network of trade blocs to obtain its share of world prosperity. Mr De
    Reuter  -  261 words
  • Article
    Lock icon Genscher, Hurd downplay Soviet PM's outburst
    213 28 AFP HALLE, Germany British Foreign Secretary Douglas Hurd and German Foreign Minister Hans-Dietrich Genscher yesterday downplayed accusations by Soviet Prime Minister Valentin Pavlov that the West had mounted a "credit blockade" against the Soviet economy. They said that despite the surprising tone of Mr
    AFP  -  213 words
  • Article
    Lock icon Fiscal action needed to spur US economy: politicians
    386 28 Reuter WASHINGTON US Housing Secretary Jack Kemp said the US economy needs federal government aid to recover adequately from recession and cannot simply rely on lower interest rates. The senior Republican joined leading Democrats in calling for fiscal stimulation to put the
    Reuter  -  386 words
  • Article
    Lock icon Maldives tourism not hit by storms
    138 28 Reuter COLOMBO Storms that battered the Maldives will not affect tourism, its biggest earner, a spokesman for the country's High Commission in Sri Lanka said yesterday. He said the storms, which caused at least US$3O million (Sssl million) of damage. had not damaged the
    Reuter  -  138 words
  • Page 28 Advertisements
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  • ShippingTimes
    • Article, Illustration
      NY/N Jersey port plans to strengthen links here
      412 29  -  By Rahita Elias THE US cast coast port of New York and New Jersey is planning to strengthen data and marketing links with Singapore for both sea and air transportation. Mr Roy H Jaeger, The Authority of New York New Jersey's assistant
      412 words
    • Article
      Lock icon Neutral booking system for US airlines
      368 29 NYT WASHINGTON The attorneys general of 27 states have agreed to defer any antitrust challenge to an Atlantabased partnership that plans to merge the reservations systems of Delta Air Lines, Northwest Airlines and Trans World Airlines. In return, the partnership. Worldspan, put in writing
      NYT  -  368 words
    • Article, Illustration
      Lock icon EC seeks to exclude aircraft from Gatt's Subsidies Code
      378 29 Reuter GENEVA The European Community, locked in battle with Washington over subsidies on Airbus airliners, sought to have aircraft excluded from the Gatt world trade body code controlling such payments, trade sources said. The new EC position was put forward at
      Reuter  -  378 words
    • Article
      Lock icon Divers recover flight recorders 50 days after jumbo jet attack
      314 29 Reuter 1 SEOUL Soviet divers recovered two Might recorders from the wreckage of a South Korean jumbo jet shot down by Soviet fighters in 1983, South Korea's semi-official Yonhap news agency said. It said the divers found the recorders 50
      Reuter  -  314 words
    • Article
      Lock icon UK company orders two tankers from MSE
      436 29 Bernama KUALA LUMPUR A British company has ordered two 6,000-ton petroleum product tankers from the government-backed Malaysia Shipyard and Engineering Ltd. shipyard president Najib Jaafar said on Friday. Mr Najib declined to reveal the buyer or cost of the two ships for Britain.
      Bernama  -  436 words
    • Article
      Lock icon Group ousts US union leaders
      212 29 NYT SAN FRANCISCO Members of a dissident labour group have ousted leaders of the United Automobile Workers union at New United Motor Manufacturing Inc, known as Nummi. a joint venture between General Motors Corp and Toyota Motor Corp in Fremont, California. In elections last week,
      NYT  -  212 words
    • NEWS SUMMARY
      • Article
        A flags dilemma for shipowners
        56 29 EVEN the most amateur maritime historian will be able to produce information on the origins and expansion of open flag (OF). If you have got something that floats, it can be registered and it is financeable, then the choice of the flag is no different
        56 words
      • Article
        More bulk carriers disappearing
        38 29 UNEXPLAINED disappearances of big bulk earners over the past two years could have been a result of ignorance on the part of ship owners and operators rather than on poor structural design. Back Page
        38 words
      • Article
        US approves defence bill to buy more ships
        41 29 THE US House has approved a U*****.6 billion defence appropriation bill that would block plans to cut US reserve forces and would buy more ships for conflicts like the Gulf War Back Page
        41 words
      • Article
        UK car sales slump 30.9pc
        40 29 BRITISH sales of new cars registered their sharpest fall for 16 years in May. slumping 30.9 per cent from the same month last year, the Society of Motor Manufacturers anil Traders (SMMT) said Back Page
        40 words
      • Article
        Vancouver grain handlers to stop work
        25 29 GRAIN terminal operators said they are considering to stop operations at the port of Vancouver this week Back Page
        25 words
    • LOG BOOK
      • Article
        More US travellers take to the skies
        120 30 CHICAGO US travellers took to the skies again in May, bringing a big gain in air traffic for top American carriers following the Gulf War, according to airline reports released last week. The top three carriers. United Airlines, American Airlines and Delta Airlines,
        120 words
      • Article
        Sri Lanka: stay out of north, east
        76 30 WASHINGTON The US State Department has urged US citizens travelling in Sri Lanka to stay out of the north and east where government forces are fighting Tamil rebels. There has been no direct threat to Americans but they risk being caught in or
        76 words
      • Article
        FAA confirms engine report
        44 30 SEATTLE The US Federal Aviation Administration (FAA) confirmed the thrust reverse mechanism was activated in one engine in the fatal crash of a Lauda Air Boeing 767 last month near Bangkok. All 223 people on board the aircraft were killed.
        44 words
      • Article
        Firms booking VLCC to Far East
        79 30 LONDON Several major oil companies appeared in the Mideast Gulf tanker market, booking the VLCC route to the Far East at worldscale rates 90 and 95. Exxon reportedly took a 94,000-dwt vessel to Sriracha at 94. Owners will continue to remain "in the driving
        79 words
      • Article
        Norwegian cargo ship sinks
        91 30 LONDON The Norwegian dry cargo ship Braut Team sank on Friday in the northern Indian Ocean after reporting flooded holds, Lloyds Shipping Intelligence said. The tanker Golar Aberdeen which went to the ship's aid reported flammable/explosive gas could be encountered nearby, given off by the stricken
        91 words
      • Article
        Tacoma port approves purchase
        57 30 TACOMA Enserch Development Corp, a unit of Enserch Corp, was granted approval to buy a 30-acre site in Tacoma, Washington, for development of a cogeneration plant, the Port of Tacoma said. The Port of Tacoma said it also approved the purchase by Pentech Energy Inc of
        57 words
    • Article
      DAILY FREIGHTS
      949 30 FIXINGS and enquiry for July were more active in the dry cargo freight market on Thursday and mostly steady rates were paid after quieter conditions earlier in the week, brokers said. Sentiment suffered from a 28 point fall in the Baltic Freight Index to 1,707, but chartering remained
      949 words
    • Article, Illustration
      Lock icon A flag's dilemma for owners
      1345 30  -  Whether you call it a flag of convenience, a free flag or open registry, the open flag is here to stay. David Robinson reports David Robinson Lloyd's List EVEN the most amateur maritime historian will be able to produce information on the origins and expansion
      Lloyd's List  -  1,345 words
    • Article
      COCKETT BUNKER MARKET REPORT
      775 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      775 words
    • Article
      THE SHIPPING GUIDE
      10843 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the nante of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,843 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        506 45 Vend Voy No Berth Amv at Departue Vessel Voy No Berth Arrival Departire Keppd Wharves Andaman Pees 09/91 (P) C08 atongside 0906/1/00 Frota Spore 30W8 KJl alongside 10 06/0600 San Lus 34WB C10 alongside 11 06/2300 Tetina 16 K32 alongside 1106/1700 Gf Concert IC 211 K31 1006/1630
        506 words
      • Article
        CONTAINER SCHEDULE
        877 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rstts Ship Voy No Etb/Btr Period From To From ACX Lotus 138 11/0700 1 09/1500 09/1659 09/1900 2 09/1700 10/0659 10/0900 3 10/0700 10/1159 10/1400 Adrian Ms 9106 12/0500 2 09/1700 10/0659 10/0900 4 10/1200 10/1459 10/1700 Aka
        877 words
      • Article
        IN MALAYSIAN PORTS
        240 45 Ptnanf Port Berth m Butterworth on Jine 9: 1: Lu Yun; 2: Primorje, 3: Vietba 01, Seng Hing; 4: nil; 5: llm Superb; 6: World Lynn. Penang Wharf: NB: Kentonvale Star; C8: ml; SB: Taniung Bungah. BCT: Bl: Tarakan; BH: South Wind; l/B: ml. VOTP: ml. Due
        240 words
    • Article, Illustration
      More bulkers disappearing
      414 46 Poor cargo handling is a major factor in the loss of these ships: LR UNEXPLAINED disappearances of big hulk carriers over the past two years could have been a result of ignorance on the part of ship owners and operators rather than on poor structural design alone.
      414 words
    • Article
      Lock icon Egypt rejects shipload of sick Aussie sheep
      204 46 Reuter CAIRO The Egyptian authorities have rejected a shipload of 71,000 Australian sheep, ordered to meet demand for a Muslim feast, because the animals were sick. The state prosecutor's office in Suez, acting on a report to police by veterinarians, said it ordered
      Reuter  -  204 words
    • Article
      Lock icon US approves defence bill to buy more ships
      253 46 Reuter WASHINGTON The House has approved a U*****.6 billion defence appropriation bill that would block plans to cut US reserve forces and would buy more ships for conflicts like the Gulf War. It approved the appropriation for defence programmes next year 273-105
      Reuter  -  253 words
    • Article
      Lock icon UK car sales slump 30.9pc
      218 46 AFP LONDON British sales of new cars registered their sharpest fall for 16 years in May, slumping 30.9 per cent from the same month last year, the Society of Motor Manufacturers and Traders (SMMT) said. May sales were 120,162 against 173,896 in May 1990, while
      AFP  -  218 words
    • Article
      Lock icon Vancouver grain handlers plan to stop operations
      243 46 Reuter VANCOUVER, BC Grain terminal operators said they are considering to stop operations at the port of Vancouver this week. Peter Harris, spokesman for the British Columbia Terminal Elevator Operators Association, said production by disgruntled unionised grainhandlers at certain terminals was at a
      Reuter  -  243 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      191 29 ECS MARINE AUTOFAX (UK) SERVICES INCLUDES 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING CaU 2241 890 lor ||g| FREE Demostration Package <|§ffe Every 3,000 Years Or So, An Innovative Approach 1o Containerization Changes History. This is a story of mythic proportions. all around the
      191 words
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      Page 29 Advertisements Column 2
      27 29 Cockett Report Container Schedule 17 Daily Freights 2 Indei to Advertisers 3 Shipping Guide 10.11 Stops m Port 17 Singapore Tides 17 Weather and Sea Conditions 17
      27 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      253 30 NOTICES SINGAPORE -PHILIPPINES CONTAINER SERVICE TERMINAL HANDLING CHARGE (THC) NOTICE TO SHIPPERS Due to the increase in Cargo Handling Expenses in the Philippines ports, we wish to advise shippers that with effect 15th June 1991, we will impose the THC of USD 20 per 20' and USD 50 per 40'.
      253 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2341 31 IAROINE SHIPPING AGENCIES Cantonment Road #12 05 Southpomt, Singapore 0208 \IIVF# Tel *****11 TELEX NO RS ***** ■lITRIW TERMINAL,CFS Tel *****18 220 M 1* EmflQ '1 bookings rei *****34 258 L. >J PESAKA JAROINE SHIPPING AGENCIES »ORT RELANG TEL: *****18 TELEX MA*****/MA39/01 PENANG TEL *****4 TELEX NO MA***** CFS TEL
      2,341 words
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      Page 31 Advertisements Column 2
      1248 31 INDEX TjnyDrtRTISERS P**e Col I'-'K l Col A 1 1 M ABC Conta.nerline 12 I Vt R Hrwdg 13 1/2 Accord Group 8 1-3 Mac-Nets Agencies 14 1/2 Aeropak Express 9 3 Macol.nc 18 3 Ahrenkiel Liner 16 5 Madju &ln Bhd 15 1/2 Allied-Link 16 4/5 ine 4/5 Anglo
      1,248 words
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      Page 31 Advertisements Column 3
      2175 31 ■□imiFnwa TWO SAILINGS PER WEEK TO NORTH ASIA SIN6APORE/YOKOHAMA 10 DAYS ETO WEEKLY TOESOAY AND WEDNESOAY SIN6APORE/NA6OYA 9 OAYS Vessel Voy ETA ETO "Port Pen an g Singapore Keiang DESTINATIONS This wee* Mane Murin 9106 Feeder by VQf cv ii/e oeoo has u Pmto mKM Qjffg CFS 10/6 2359 HRS
      2,175 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1212 32 r ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LEVERKUSEN EXPRESS 01/322 10/0 26/6 28/6 2/7 3/7 LONDON EXPRESS 02/123 14/6 6/7 5/7 3/7 OMAu KITANO 08/323 16/6 7/7 5/7 4/7 9/7 t AIL VCtTWXJND P HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 KCLAJW 4 PCNAN4 CAROO HANNOVER
      1,212 words
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      Page 32 Advertisements Column 2
      655 32 ISsKsEZiJQB 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 6 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 20/7 3/8 6/8 7/8 Agents tllff# SINGAPORE: 221H011 -SSjL
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      Page 32 Advertisements Column 3
      1487 32 susmm REGULAR INDEPENDENT FULL CONTAINER SERVICE f6R EUROPE Wl/VOT AL6 BCL HAM BRE ROT ANT FEL LHA (MA (VIA (VIA ALG) HAM) ROT) NORASIA SINGA 9113-3 08/06 28/06 29/06 02/07 03/07 04/07 05/07 06/07 07/06 NORASIA AL-MUNTAZAH 9114-3 14/06 04/07 03/07 07/07 08/07 09/07 10/07 11/07 12/07 91 15 3
      1,487 words
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      Page 33 Advertisements Column 1
      2227 33 mers Maritime Holdings Ltd P&O I ariWSTRMTS SHIPPING! WBk Containers Key No hmj Mil S [WWt «l( Sou Anl Rot Hb| LEBf MAiRSX 910* 01/0 C 10/0* 12 0C 27/ M 30 M 01/t; 04/07 «CC»TS DUE SAAS IMRfOa BAT 0530 01 0« 10 06 IS O* 02/07 04 07
      2,227 words
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      Page 33 Advertisements Column 2
      2623 33 TO: U.S.AJPANAMA FM: U.S.AJPANAMA v oak tea cm roe s*» n»c n»c no* mv cm ice oak CHOTAfIG WOiLO WFI2J 10/7 H// H ,J 21/1 W1 JO/7 M,4*/« /4 J/J lt/S 13/4 CHOTAMG CIAHI WFI24 11// 1, /7 M/ J/t ARABIAN SfNATOO HA lit 1/i J/S V S 10/S IJ/S
      2,623 words
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      Page 34 Advertisements Column 1
      571 34 Ml CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE tfSL VOY |Twiri ROAM ADAM H'BURG BREMEN ANTWERP MAIARAM 29N8 20/8 22/7 27/7 31/7 3/S SRIMiAYA; 32M8 11/7 19/S 2 5/1 29/« 2/9 KUTAJ/23N8 25/8 26/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|*ct to Induccmant Alto accepting cargo
      571 words
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      Page 34 Advertisements Column 2
      1041 34 ®3%~ jft jM, HANJIN SHIPPING [TpwelLEH RTM ANR HAM BRV FEI |FEEDER VSL SIN LINE HAUL LGB OAK HANJIN HONGKONG 029W 11/6 29/6 30/6 1/7 1/7 2/7 3/7 IHANWI1 HANWI TONGHAE 082E 11/6 DIRECT 1/7 4/7 HANJIN ROTTERDAM 014W 16/6 4/7 5/7 6/7 6/7 B'7 9/7 B HANJIN FELIXSTOWE 008E]
      1,041 words
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      Page 34 Advertisements Column 3
      1336 34 I_ »JG «SG KLG PUS *T OS* NGY SM2 TYO LAI CHS BAL NYC liW MU W HBG PSO Off Pli SCF I I X }J\ if' 6 U/< aS 21/< a/« M/t 30/t 1/7 12/7 24/7 28/7 2»/7 «/t 7/1 9 8 11/1 21/8 31/1 4/9 5/1 E GROWTH
      1,336 words
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      Page 35 Advertisements Column 1
      1558 35 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 iV mi AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 HK NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-<O3)
      1,558 words
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      Page 35 Advertisements Column 2
      264 35 > Int. Multi-Modal Forwarder SEAFREIGHT BOOKNGS: 222 0717 A AIRFREIGHT BOOKNGS: 545 4255 Bp A FAX: *****73/*****68 [ASTiRNtURonmM J iNbTA mmmmßS CZECHOSLOVAKIA 9/6 1 N ST in* HUNGARY 9/6 ROMANIA 9/6 XKS? ,$5 YUGOSLAVIA 9/6 XKKL.r vc BULGARIA 9/6 Slhtt* ,ni c I Jk CALCUTTA 10/6 fwopf vv3hE£jr m {AST
      264 words
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      Page 35 Advertisements Column 3
      255 35 Klheung-a shipping Bjj&M Korean Flag Vessels STRAITS/KOREA SERVICE MV VOT STORE PKI HKG SUSAN INCHON MOM •ST 10UIS V 105N IN POUT 19 20 Of 24-25/06 ?6 06 27/0« NO 9 DONAM V 106N 13 15 06 16-16 06 22 22 OS 2779 06 10 06 01/07 •NIKOUY MAI AA
      255 words
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      Page 35 Advertisements Column 4
      1067 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNP -tXSCHAHONC WESTBOUND—LOADWG TRAHSHWO) VIA ROTTERDAM wsshs mi aw mi» mc wt |sw |mi |«c
      1,067 words
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      Page 36 Advertisements Column 1
      1926 36 KW f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I H MALAYSIA "K~ LINE MARITIME (MALAYSIA) SON BHD 1 JL mLm U A MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD
      1,926 words
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      Page 36 Advertisements Column 2
      1243 36 tjgm PHIU-OM€NT UN€S PTC LTD '08 ROOINSON HOAD 90 f 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAk *****76/*****38 dj&f BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 16 JUN Montreal, Ottawa, VANCOUVER. SWESTERN ONTARIO. 14
      1,243 words
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      Page 37 Advertisements Column 1
      1521 37 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #0300, Singapore 0106. JAKARTA [BANGKOK l VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 241 11/6 13/6 16/6 KOTA BINTANQ 9117 11/6 14/6 16/6 HAI QUANQ 9106 12/6 14/6 PEGASUS PROGRESS 671N 12/6 15/6 19/B EQUATOR MAS
      1,521 words
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      Page 37 Advertisements Column 2
      1049 37 BEN LINE CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS I SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Arosaf '88 11/6 28/6 29' 6 2/7 NwMoyd Tofcyo* 186 11,7
      1,049 words
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      Page 37 Advertisements Column 3
      592 37 taflk MYANMA ymAk FIVE STAR UNE vv (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIj Pen P Gdf SAGAING V23S In Port PAGAN VI7IW In Port AVA VIOBW 16/11 Jun 19/21 tun PINYA VIIEW 4/7 July THE BANK LINE (A service of Andrew W«lr Shipping) SEMI-CONTAINER SERVICE HEAVY
      592 words
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      Page 40 Advertisements Column 1
      775 40 TO AUSTRALIA/NEW ZEALAND |fr»m [M«*> |Syd I Aucli [NPE |p CHALM C VEROLME 212 14, 22 6 2«1 2~1 7/7 9~7 ANTWIRPfN 273 29 6 5/7 10/7 14 7 20 7 23/1 25/ 7 1 MARTHA 8 275 i I 12 8 16 19 8 25/8 27 t 21 S
      775 words
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      Page 40 Advertisements Column 2
      924 40 EXPO«Tnn«RGKON<nMffiAMrm^EKL7^^^^^^^^^^MAHSc^TRAIT^EEDERERVIC^^^^^^ 1 OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB ||~WCSSCL VOY |SW [PKL PNG BLW SIN LOTUS 136 **3 6 6611 6 15 6 lit 21 6 22 823 6 ICEBKO 9* 7Ft~ 136 146 lT«~ TSK MELODY 26 *7 6 **10 6 15
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      Page 40 Advertisements Column 3
      302 40 i P.T PERUSAHAAN PELAYARAN i W? KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I Vtutl ETA £TD DESTINATION I MAGA XXN Voy 13/91 1/10 lun Jakarta Pjl*m6jn| I NIAGA 42 Voy 9, 91 12/13 lun Jakarta Paltmtianj I NUGA IXI Voy 13 91 15/17 lun latarti Patembanf I NIAGA XXD
      302 words
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      Page 40 Advertisements Column 4
      1508 40 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2, MISTRI ROW. HMC BUILDING TEL: *****00 #15 00, SINGAPORE 0207 TELEX: RS ***** COSH* CR NO **********0 M FAX: *****66 CABLE: COSTAKLWE General Agents: CO6TAR SHIPPING PTE LTD TO HONOKONQ AND CHINA FROM MONO KONG AND CHINA KSSCL TOY SCf
      1,508 words
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      Page 41 Advertisements Column 1
      1326 41 UKC CONVENTIONAL SERVICE PKL PNG PG Loadmt for VESSEL 2i, 06 Rotterdam/ Antwerp CHINA FULL CONTAINEK SERVICE PHI BXK HKG QIN SHA YANGFANCMOU 153 05/7 03/7 09/7 15/7 lg/7 YANGFANGKIXJ 155 05/8 03/« 09$ 15/8 lj/f Mm cga tar jl chn«M ,wti HKG AUSTRALIA FULL CONTAINER SERVICE PKL SGP SYO
      1,326 words
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      Page 41 Advertisements Column 2
      1080 41 SYDNEY/MELBOURNE BANGKOK [ttSgl |wv rfOK SYP MEL |kSS& [vOT SMtfOK WWII Pt»A BHUM 0905 20-21/6 03-5/7 07-1/7 NANTA BHUM 44N In Pt 10/6 Thur 13/6 PLANETA 1050 5-6/7 18-20/7 22-24/7 CHAIYA BHUM# 13N In Pt 10/6 Thw 13/6 PITA BHUM 1106 20-21/7 02-4/8 06-8/8 MAHA BHUM 61N Wed 12/ C
      1,080 words
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      Page 41 Advertisements Column 3
      436 41 nan-ur* VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY iIN MAA SIN TIGER STAR 162N 14-14/06 19-21/06 27-27/06 KURILSK 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/CALCUTTA/SMGAPORE VESSEL VOY SIN CAL SIN LHOTSE 403 12-12/06 IS 20/06 26-27/06 EAGLE CAPE 012 16-16/06 22-24/06
      436 words
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      Page 42 Advertisements Column 1
      1729 42 1rr r BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINOS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL I.CL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF. CHRISTCHI RCH. DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK I*l MUIBCRA 21S 11 lun 25 iun Via
      1,729 words
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      Page 42 Advertisements Column 2
      809 42 THONG SOON LINES PTE. LTD. n ROBINSON ROAD #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****5S (BOOKING LINgB) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |VOY |ET* [PEST VESSEL VQY ETA
      809 words
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      Page 42 Advertisements Column 3
      382 42 l|K NVOGC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. PORTS FREQUENCY MTH ETA SIN TRANSIT TIME AUCKLAND 3 SAILINGS 13/06 14 DAYS BANGKOK 4 SAILINGS 11/06 3 DAYS CWTTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SAILINGS 11/06 S DAYS DUBAI (UAE) 3
      382 words
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      Page 43 Advertisements Column 1
      775 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelanj Smgaptxe E'Msia SMAPIAEVEPtTT 11/13 Jun 14/16 )un 19/21 lun KAIMLEVERETT 27/29 lun 30 Jun 2 tut THOMAS! VE RE
      775 words
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      Page 43 Advertisements Column 2
      538 43 ESHUEiEi) vu ~TvOV [SPORE jMAINLINCR LAX KST SA* [HYC HFX ZM HONGKONG 63* 1J S 14/7 2»/1 ll'7 16/ 7 ZIM MtIBOUOW 2121 IV6 /IM PUSAN 14/7 23/7 2t/M2»/7 30/7 ZIM P*A{US 12tt 24 IM CALIfO«NIA 13/7 1/1 4/1 6 I ZIM KOPfR 1« 21,6 ZiM SAVANNAH 31/7 12/1 14/1
      538 words
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      Page 43 Advertisements Column 3
      760 43 tiimm LINER SHIPPING PTE LTD 10, Anson Road, #17 06 Internauonal Plaza, Singapore 0207 Tel: *****33 (10 lines) \i Telex: RS ***** LSSHIP Fax *****13 IfflJMl l FAR EAST HONG KONG 12/6 16/6 JAKARTA 17/6 24/6 KEELUNG 16/6 23/6 [MANILA 15/6 22/6 KAOHSIUNG 16/6 23/6 P. KELANG 16/6 23/6 BUSAN
      760 words
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      Page 43 Advertisements Column 4
      623 43 rm PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY JATIDIRI 935 08/06 11/06 MELITA 09/91 12/06 15/06 JATIDIRI 936 15/06 18/06 MELITA 11/91 19/06 22/06 JATIDIRI 037 22/06 25/06 13/91 24/06 27/06 TANTO UTAMA 169 08/06 12/06 TANTO UTAMA 171 16/06 19/06
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      Page 43 Advertisements Column 5
      398 43 SIN F*K EAST 16/6 KEELUNG/KAOHSIUNG 17/6 BANGKOK 15/6 MANILA/CEBU 15/6 JAKARTA/BELAWAN/SURABAYA 15/6 PORT KELANG/PENANG/E. Malaysia 18/6 BUSAN 12/6 TOKYO/YOKO/KOBE/NGO/OSA 17/6 HONG KONG SIN CHINA 17/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO' HAIKOU also accepting LCL cargo UN EUROPE/UK 17/6 LDN/FLX/LVP/SOU 17/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 13/6
      398 words
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      Page 44 Advertisements Column 1
      1038 44 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS If DO AH FAR EAST ACCEPTING FCL/LCL KNANi; V KELANG JAKARTA BANGKOK HONC KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON EEIIXSTOWE lEEDS Til BUSY ABERDEEN IE HARVE HAMBURG ROTTERDAM ANTWEP
      1,038 words
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      Page 44 Advertisements Column 2
      693 44 ££i.SETH SHIPPING CORP. SDN BHD (•AAA* fT KUNC TEL 03 3****** |6 liMtl FAX *****11 PfNANG TEI 04 bJ?9?9 SKAN TEL 089 Z***** Ij/ SHU TEI 084 3158?2 TA*AU TEI 089 7786/9 KK TEI 088 *****0 KUCH TEI 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE I FCEDCB HOT WW PHI
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      Page 44 Advertisements Column 3
      477 44 CUJ! conmv inTEßmonnt\ VLCL/FCL SERVICE FROM I HI SI l&i CUUi oparatoa ovar 600 terminals/offices in U.SLA. II jm CUM maintains ovar 35,000 tractors 4 trucks. I II m CWi »«YM ow 60,000 points in UA A |l =lj (fig!) W CUM raiiabla sarvioas. Gen«f«l Ag*nn —7X>jSA/<r-r/A/r pf/9 PENANG- KL:
      477 words
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      Page 44 Advertisements Column 4
      471 44 MANILA ETA VIGOUR SINGAPOUR ?NB IV6 VIGOUR PACIFIC 39N8 22/6 BANGKOK 11 6U 6 3USAN 11/6 22/6 j HONGKONG 14 622 6 DURBAN PT LOUIS 19 6 4/7 KELLUNG 16 6 23,6 USA 17/6 24 6 3 T KELANG 14 621 6 KOBE 16 6 23/6 PIRAEUS 22 6 1/7
      471 words
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      Page 45 Advertisements Column 1
      623 45 MORE FREQUENT Fum WORLDWIDE j#*e22~ [WZEAUMO/Fiii I VESSEL Jkt P.Ki 'Pen *Bkk Sin S'baya Auckland Fiji(A) NJtymouth(A) Tinuru Lyttelton(B) Dunedin(B) Nap»er Weftngton(C) Tauranga N Rotterdam/9113 8/6 10 6 10/6 10'6 11/6 14/6 28/6 10/7 30/6 2/7 3/7 3/7 4/7 4/7 6/7 N Rosano 9114 18/6 20 6 20/6 20/6 22/6
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      313 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW OQOO 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 *****600 **********00 2000 2100 2200 2300 W 16 1.2 0.9 0.7 0 7 08 1.1 1.6 2.0 2.2 2.2 2.1 18 14 1.2 10 10 12 16 2.2
      313 words
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      Page 46 Advertisements Column 1
      761 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAMNE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST rant* vot mr pke Ism liwe haul <or ibh oak sea lime haul vot t cm/sea pti NAN HAI 202 021 09/06 10/06 12/06 H COMMAWER 26E 01/07 11/07 14/07 GOLDEN
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      Page 46 Advertisements Column 2
      227 46 Irrmmt pasir gudang Singapore I I CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR OUOANQ SINGAPORE W)T ETM 2100 MS ETD 0700 «S~ ETA 1300 HRS 006S 106 u/( iT7i 007$ 1« S 15 6 IS/f 008$ 17 t 116 11/( 009S 21 6 22 6 22/6 010S 24/6 25/6
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      Page 46 Advertisements Column 3
      499 46 CHARTPOINT Every Saturday in Business Times EXPOR^O^ UK/CONTINENT (TOO) I7WM IS TON KIUK »o*m im HMW*. vna* LONXM IIMKSS ***** 14 4/7 2/7 1/7 to A«t«n> AmHrtam Ow m'»W Ot 323 16 6 1/7 1/7 */7 Brmwri.tr H »nrm HIIMt iV«]/12* n 6 11/7 5/7 1/7 S»l*»mp«m »«If Mutm MM(4IMr
      499 words