The Business Times, 11 June 1991

Microfilm: NL17507
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Tuesday, June 11, 1991 75*
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  • NEWS SUMMARY
    • Article
      EC approves law against money laundering
      43 1 LUXEMBOURG The European Community yesterday formally approved a law ordering all member states to prohibit the laundering of moneythrough banks by Dec 31, 1992. an EC Commission spokesman said. EC finance ministers cleared the law without debate.
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    • Article
      British retail sales down 3.3pc in April
      53 1 LONDON British retail sales fell 3.3 per cent in April over the March level, according to final seasonally-adjusted figures released here yesterday. An earlier estimate had said retail sales fell 3.5 per cent in April. Retail sales were down 2.1 per cent from
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    • Article
      Siemens plans courses
      21 1 SIEMENS will conduct training courses for local companies at its new Singapore-based surface mount technology centre Page 2
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    • Article
      Another Mendaki fund
      22 1 BUILDING on the success of its first unit trust fund, Mendaki is already planning to introduce another Page 2
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    • Article
      Steady investment
      33 1 TAIWANESE investment is expected to continue to flow into Asean countries in spite of the massive USS3OO billion (SSS3I billion) capital requirement of the country's SixYear National Development Plan Page 7
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    • Article
      Inflation gets priority
      28 1 PRIORITY must go to the struggle against inflation, rather than to pushing economic recovery, says the president of the Bank for International Settlements Page 8
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    • Article
      Yeltsin raps Gorbachev
      22 1 SOVIET President Mikhail Gorbachev has been criticised by rival Boris Yeltsin for seeking handouts from the West Page 8
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    • Article
      New DEC system
      19 1 DEC has introduced a new computer system for small as well as medium-sized businesses Page 12
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    • Article
      Bloody wild
      14 1 THE Japanese have taken blood-typing to new and zany lengths Page 17
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    • Article
      Hanjin starts service
      31 1 SPURRED BY the increasingly heavy cargo traffic between Asian countries. South Korean carrier Hanjin Shipping is starting an intra-Asian liner service from next month. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      37 1 WALL STREET was mixed in quiet trading early yesterday, still restrained by worries over rising interest rates. The Dow Jones average of 30 industrials rose 4.25 points to 2,980.99 in the first hour of trading.
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    • Article
      Footsie higher
      31 1 LONDON shares prices were higher at midday yesterday in thin trading. At about 1115 GMT, the FTSE 100-Share Index was up 7.2 points, or 0.3 per cent, at 2.513.5.
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    • Article
      Special Shakey's offer
      39 1 A SHAKEY's franchise and US green card rolled into one that's how Inno-Pacific Holdings aims to entice budding and established entrepreneurs from Hongkong and Taiwan to help enlarge its pizza network in the US Page 3
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    • Article
      Lum Chang teeing off
      34 1 LUM CHANG Holdings is going into a MS43O million (***** million) golf course project in Kuala Lumpur, possibly the most ambitious development that it has tackled to date Page 3
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    • Article
      Heller expansion
      30 1 US-BASED Heller International Group, which owns a 50 per cent stake in Heller Factoring (S), is considering expanding its business into four more countries in Asia Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 737.23 -10.71 Kuala Lumpur ....618.54 -1.86 Tokyo 24,598.38 -436.73 Hongkong 3,621.19 -16.58 Sydney Closed Friday Change New York 2,976.74 -18.12 London 2,506 3 -19.0
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.7820 100 Yen SS 1.2670 MS SS 0.6417 Money market rates Overnight 4 3/4 -3/8 3-month 5 1/2% -1/16
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    • Article
      COMMODITIES
      39 1 London Gold AM fix USS367.60 USS1.80 Rubber S pore July 147.75'/kg unch M'sia July 230.50*/kg unch KL Tin Turnover 91 tonnes +20 Spot MS 15.50 /kg -0.04 Crude palm oil Turnover 1,507 lots +1001 June MS763 /tonne -6
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  • Article
    SES crackdown weighs heavy on stock market
    476 1  -  By Chew Eng Han INVESTORS, reacting warily to the recent crackdown by the SES, retreated to the sidelines yesterday, sending the Straits Times Industrials Index down 20.56 points to 1,529.62 on thin volume of 30.43 million shares. Adding to the negative sentiment was
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  • Article, Illustration
    Great World project gets off the drawing board
    412 1  -  Latest gazette carries notice of rezoning proposal By Elaine Koh AFTER stalling for a decade on the project for the former Great World site, the Kuok group appears to be finally making headway with its shopping centre and residential development, which could
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  • Article
    Severe oversupply forces pepper prices to 21-year low
    376 1  -  By Shoeb Kagda MASSIVE oversupply has caused pepper prices to tumble to a 21-year low, leaving many local exporters caught with extra stocks. The oversupply is the result of producing countries having doubled and tripled their production levels to cash in on
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  • Article
    Asian carriers face shake-up
    316 1  -  By Rahita Elias ASIA's aviation industry is heading for a major shake-up which could le{id to the demise of the smaller airlines in the region, says a senior industry official. Hans Henrik Lau, Thai Airways International's director of sales, told BT in Bangkok recently that these
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  • Article
    Modified Marina project gets go-ahead
    378 1  -  By Salil Tripathi PONTIAC LAND and Japanese construction giant Kajima Corporation, which took over the ill-fated Rahardja Centre project in Marina Centre, have received provisional permission to begin construction under a modified plan. The project since renamed Pontiac Marina is no longer in its original
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      240 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Changer Rates 27 Weather 27 Commodities 26 Money Market 25 World News 8 9 Cryptic Crossword 27 Regional Co News 4 Edltonal 10 Regional News 7 For market indices, edrtorial. Francial News 6 Regional Stock Markets 24 advertising and circulation
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      Page 1 Advertisements Column 2
      17 1 Turn to Pg 10 for the second Money Coupon you need to join the BT investment challenge
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      Page 1 Advertisements Column 3
      3 1 Focus, Pg 15
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      Page 1 Advertisements Column 4
      204 1 Nikon The World s Finest Photographic System. Full house at schools THERE are not enough edu- flow of foreign professionals, cational facilities for children And the problem doesn't look of expatriates in Singapore, a like it's going away. problem which could stem the Full report, Pg 10 M mmm* Investing
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Handbook on education in Singapore
        105 2 !1 YOU have been confused by the state of education in S.ngapore today, take heart. The Education Ministry has been rted to the problem by the Government Parliamentary jmmittee (Education), whose chairman Dr Ong Chit Chung concedes: "It is easily one of the hottest topics
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      • Article
        One million cards
        99 2 ONE million Transit Link Farecards are now in circulation, with the one-millionth Farecard being sold on June 2. Fareuuds can be used on both the MRT and on buses fitted with c idators. The convenience and ease of travel made possible l y Farecards are the main
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      • Article
        Censorship committee meets
        101 2 HE Ministry for Information and the Arts (Mita) has appointed a censorship committee to look into the censorship of I ablications, films, videos and live performances. The committee is chaired by Professor Tommy Koh, Singapore's am-bussador-at-large and director of the Institute of Policy Studies ;ad comprises 18
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      • Article
        Career counselling
        62 2 'IE National Library, Bedok branch, and the Singapore usiness and Professional Women's Association are jointly ganising a career counselling session on Saturday, June 22. he programme is aimed at secondary and college students, 'tool-leavers and those who are interested in changing their ofessions. The session will be held
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      • Article
        VITB graduation
        91 2 E Vocational and Industrial Training Board will hold its Best" and "Wise" graduation and prize-presentation ceremol v at the SLF Auditorium, MCD Building on Saturday, June 5. Dr Tay Eng Soon, Minister-in-Charge and chairman of the VITB, will be the guest-of-honour. A total of 342 "Best" and "Wise"
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      • Article
        NETS spreads its wings
        73 2 s'ETS is spending more than $1 million to buy 1,000 new T6 terminals from EB Communications, with an option to buy another 1,000 terminals should demand increase within the year. NETS installed 514 terminals from January to May this year, giving it a total of 2,904
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    • Article
      Siemens' centre to conduct training
      308 2  -  By Carolyn Lim SIEMENS, the German electrical and electronics group, will conduct training courses for local companies at its new Singapore-based surface mount technology (SMT) centre. The SMT centre, which provides hands-on training to customers who buy Siemens machines, will take in paying students from
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    • Article
      Need for training in investment management
      145 2 THERE IS a need for more management training programmes in banking, finance, and investment management, in the view of the dean of the Wharton School of the University of Pennsylvania, Thomas P Gerrity. Mr Gerrity is in Singapore to open the Nomura investment management
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    • Article, Illustration
      Mendaki plans to launch second unit trust scheme
      317 2 BUILDING on the success of its first unit trust fund. Mcndaki is already planning to introduce another such fund. The Minister-in-Charge of Muslim Affairs. Dr Ahmad Mattar. said yesterday that discussions concerning another unit trust scheme have already begun. Speaking at a
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    • Article, Illustration
      Balestier Medical Centre to open its doors next month
      459 2  -  By Dawn Tan BALESTIER Medical Centre (BMC), Singapore's newest private medical centre in 12 years, will open for business in July, with specialist facilities to be fully operational in September. Besides general physician, specialist and hospital services, the $13 million centre
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    • Article
      More condo projects get provisional approval
      181 2 FOUR proposed private residential projects have received provisional approval. The projects are at Chong Kuo Road (48 condominium units). Highland Road (24 units), Meyer Road (470 units), and Orange Grove Road (16 units). Approval has also been granted for 69 condominium units at Fort
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      304 2 A SINGAPORE INSTITUTE OF MANAGEMENT Explore how personnel and training strategies can help make a crucial difference in the world's best companies at the Conference on Developing A World-Class Work Force: Human Resource Strategies For Competitive Advantage AUGUST 1« 2,1991 «v MANAGEMENT HOUSE J-V t The Conference will focus on
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      Page 2 Advertisements Column 2
      69 2 tEITZ SMO pgg SMI 2429 ntonli S2S2 5700 The Leitz Ambiente Grey Leitz is known worldwide for office filing equipment and supplies. Its Ambiente Grey range will equip any office with that stamp of success and efficiency. Available from leading office stationery suppliers. tTjBALMAR MAPfcE TW*G Tel *****77 Member of
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Inno-Pacific dishes up a tempting offer
      383 3  -  Shakey's franchise and US green card on the menu b* Genevieve Cua A SHAKEY's franchise and US green card rolled into one this is how Inno-Pacific Holdings aims to entice budding and established entrepreneurs from Hongkong and Taiwan to help enlarge the Shakey's pizza
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    • Article
      GB Holdings expects poorer results
      368 3 SESDAQ-listed yacht builder GB Holdings expects lower turnover and earnings in the current financial year as world demand for yachts weakens. Bogged down by high start-up, marketing and manufacturing costs, the group turned in a poor set of results for the financial year ended March
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    • Article
      Lock icon UMW hopes to become recession-proof
      216 3 Bernama KUALA LUMPUR UMW Holdings Bhd plans to broaden its income base through diversification to ensure that it is "recessionproof', says chairman Tan Sri Zakaria Haji Mohd Ali. He said in the company's 1990 annual report that while specific activities could not be detailed at
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    • Article
      Lock icon Pennzoil, UMW set up lubricant joint ventures
      222 3 Bernama SHAH ALAM Pennzoil Products Co of the United States has set up two jointventure companies with UMW Parts Sdn Bhd Lubetech Sdn Bhd and UMW Pennzoil Distributors Sdn Bhd to blend and market Pennzoil lubricants in Malaysia and for export. Mr Chan
      Bernama  -  222 words
    • Article, Illustration
      MBf should stick to business instead of playing the stockmarket
      708 3  -  THE HOCK LOCK SIEW COLUMN By William Chia ONE would have thought that the diversified MBf group, which enjoyed strong performances in its core businesses last year, and reduced its gearing with a M 5164.88 million (*****.17 million) rights issue,
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    • Article
      Lum Chang to develop golf resort in KL
      354 3  -  By Elaine Koh LUM CHANG Holdings is going into a MS43O million (***** million) golf course project in Kuala Lumpur, possibly the most ambitious development that the construction and property group has tackled to date. The group has paid M$ 19.97 million
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    • Article
      Inchcape pays $6.5 m for pharmaceutical firm
      147 3 INCHCAPE Bhd has acquired Waleta (Singapore) Pte Ltd, a pharmaceutical products distributor, for $6.52 million. Waleta, which distributes generic pharmaceuticals (drugs whose patents have expired), medical disposables and X-ray materials, was established in 1979. Contacted yesterday, Inchcape chief executive Philip Cushing said Waleta
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    • COMPANY BRIEFS
      • Article
        RJ Reynolds' tobacco profit up
        97 3 KUALA LUMPUR RJ Reynolds Bhd (RJRB), formerly Juara Perkasa Corp Berhad, announced a pre-tax profit of M 550.8 million (5532.5 million) for the 1990 tobacco operations of its subsidiary, RJ Reynolds Tobacco Co Sdn Bhd. This was a 29 per cent increase in profitability for
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      • Article
        Seacorp buys two companies
        85 3 KUALA LUMPUR South East Asia Development Corporation Bhd (Seacorp) has agreed to acquire Malaysia Credit Finance Bhd and Bangunan Kompleks Kewangan from Kompleks Kewangan Malaysia Bhd for Msl29 million (5582.5 million). Seacorp will acquire Malaysia Credit Finance's 53.5 million ordinary' shares for Ms 49 million, to
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      • Article
        L&M TSR subscription price
        49 3 L&M GROUP Investments has announced an adjustment to the subscription price of its TSRs. Following the approval of its rights issue proposed in March, L&M has reduced the subscription price for its TSRs to $1.04 from $1.25. The adjustment takes effect from June 27, 1991.
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      • Article
        ANA Hotels gets new chairman
        45 3 ANA HOTELS Singapore Ltd announced that Mr Yuji Sawa resigned as director and chairman of the company after its 13th annual general meeting on June 7. At the same time, Mr Shigeya Goto was elected as chairman of the board.
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    • Article
      Lock icon Shangri-La Properties gets 700 m peso loan
      195 3 MBT MANILA Shangri-La Properties Inc last week signed a 700 million peso (5544.8 million) syndicated term loan with a group of banks and financial institutions in Manila. Shangri-La Properties, majority-owned by Malaysian tycoon Robert Kuok, will use the money to finance the completion
      MBT  -  195 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      554 3 One Conference the jgisgji intelligent Building Intelligentsia Cannot Miss In one conference, tour international intelligent building projects: Osaka Business Park in Japan, Held in conjunction with Munich II Airport in Germany, Suntec City in Singapore and Bank Negara Indonesia Complex in Jakarta All in varying stages of completion or construction.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mitsubishi Materials may clinch Thai deal
        67 4 TOKYO Japan's Mitsubishi Materials Corp expects to receive an order to build a US$2lO million (*****.2 million) copper smelting facility in Thailand, a company official said yesterday. The country's leading comprehensive metal and ceramics company has "a chance of more than 90 per cent"
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      • Article
        Tanayong cleared of malpractice
        100 4 BANGKOK The Stock Exchange of Thailand ruled on Friday that Tanayong Co Ltd, the listed real estate firm, did not violate any securities regulation regarding its controversial issue of 18 million shares in "share mandate" to support its spree of acquisitions. Through the widely questionable technique,
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      • Article
        Sumitomo Electric in Jakarta
        48 4 TOKYO Sumitomo Electric Industries Ltd said yesterday that it had established a representative office in Jakarta. Japan's top electric wire and cable maker, which has joint ventures in Indonesia for special wires and auto parts, said it hoped to enhance business in the country.
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      • Article
        Sinar Mas to invest in bananas
        80 4 JAKARTA Diversified business group Sinar Mas will develop a banana plantation in Maluku province with an investment of around US$5 million (SSB.9 million). Indra Widjaya, an executive of the business group, said the banana plantation on the province's Halmahera island would be developed in
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    • Article
      C P Pokphand may seek listing in China later
      272 4 Hongkong cp Pokphand, the locally-listed agribusiness group is considering -agisting in China once more refined legislation is in place there, the South China Morning Post reported. Executive vice-president Tony Asvaintra said on Saturday that the company has been studying the mainland
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    • Article
      Lock icon New Zealand bourse flooded with cash calls
      621 4 Pressure on equities before Telecom share offer Reuter WELLINGTON A flood of cash issues and share placements has put pressure on New Zealand equities only days before Telecom Corp of New Zealand Ltd shares are offered in the country's biggest ever float, analysts
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    • Article
      Shinawatra to raise capital to 1b baht through rights issue
      531 4 Firm will also issue debentures BANGKOK Shinawatra Computer Co of Thailand has announced a massive capital increase from 400 million baht (5527.6 million) to one billion baht, through the issue of two new shares for each existing one at 10
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    • Article
      Four state-owned Indon firms to float shares
      335 4 JAKARTA Four Indonesian state-owned companies will soon offer a portion of their shares through local stock markets to help strengthen their financial structure and finance the expansion of their business operations, the Jakarta Post reported over the weekend. Minister of Finance J B
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    • Article, Illustration
      Lock icon Managers wary of Japanese securities
      426 4 Reuter LONDON The key exception to the overall bullish sentiment among international fund managers relates to Japanese stocks. Securities house Smith New Court said in its June survey of fund managers, released yesterday, that fund managers have become more wary of Japanese equities, where the
      Reuter  -  426 words
    • Article
      Indonesian govt urged to restructure state-owned plantation companies
      273 4 JAKARTA Former plantation managers in Indonesia have suggested that the government restructure the management of state-owned plantation companies (PTPs) to improve efficiency, according to an article in the Jakarta Post last week. Soedjai Kartasasmita said PTPs' management needed restructuring because of the
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      267 4 b The First Ever Exhibition on I image And information Management I Technology in The Region 1 AIM 1991 PAsia Pacific Image Information Management e Conference Exhibition mi :fv 13 14 June, 1991 Marina Mandarin Hotel Singapore Come and see revolutionary information technology that will affect the way your organisation
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      Page 4 Advertisements Column 2
      161 4 14D/13N KENYA/SEYCHELLES SPLENDOUR Nairobi Serena Hotel Excellent First Class Garden Mahe, Lake Nakuru, Mt Kenya SC. The Ark, Masai Mara, Hotel Samburu Mt. Kenya 17,058 ft above sea level Aberdare The Ark Finest Game Viewing Resort in the Aderdare Mountain 14D/13N KENYA/SEYCHELLES ROMANCE Samburu Samburu Lodge Safari-First Class Lake Nakuru,
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Olivetti claims independence
      667 5 Analysts predict partnership with Japanese in near future Reuter MONTE CARLO Ing C Olivetti Co threw a big bash here last week for its customers, investors and the press, in order to tell the world that it is the one European computer maker that is sure to
      Reuter  -  667 words
    • Article
      Lock icon Occidental sells coal mine stake in China
      241 5 Reuter HONGKONG Occidental Petroleum Corp has sold its 25 per cent stake in a coal mine in China to its Chinese partner at an unknown price, bankers involved in a syndicated loan for the project said yesterday. Occidental held the stake through Island
      Reuter  -  241 words
    • Article
      Lock icon Lonrho dismisses report of interest in Brent Walker
      219 5 Reuter LONDON UK mining conglomerate Lonrho pic said yesterday that claims that it was interested in a chunk of troubled leisure group Brent Walker Group pic were purely speculative. The Sunday Times said earlier that Lonrho chief executive Tiny Rowland had asked
      Reuter  -  219 words
    • Article
      Lock icon Whirlpool's purchase prepares it for European market
      371 5 Reuter DETROIT The completion of Whirlpool Corp's acquisition of Philips Electronics NV's major home appliance business leaves the US company well-positioned to benefit from expected growth in the European market, analysts said. News that Whirlpool had exercised its option to buy the remaining
      Reuter  -  371 words
    • COMPANY BRIEFS
      • Article
        Ibermisil may join Eurosam venture
        65 5 PARIS Spanish missile maker Ibermisil is expected to take a 6 to 8 per cent stake in the French-Italian Eurosam missile consortium within the next few weeks, French defence industry officials said. Eurosam, a consortium made up of Thom-son-CSF and Aerospatiale of France and Alenia
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      • Article
        Cola war resumes in Japan
        126 5 TOKYO Japan's cola war resumed yesterday as PepsiCo Inc launched a fresh attack on Coca Cola (Japan) Co Ltd over its recent bid to get television networks to drop a controversial Pepsi commercial. The local unit of the US soft drink giant showed excerpts frorrf
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      • Article
        Initial public offerings pick up
        76 5 NEW YORK The pace of initial public offerings of equities moving into the marketplace through the first five months of 1991 resembles the rapid rate of the mid-1980s, according to the Securities Industry Association. It said IPOs, excluding those of closed-end mutual funds, totalled an
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      • Article
        Bilfinger sees rise in output
        33 5 MANNHEIM German building group Bilfinger und Berger Bau AG expects 1991 group output to rise to 4.6 billion marks (554.6 billion) from the 4.21 billion reported for 1990.
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  • Page 5 Advertisements
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      120 5 ■F Lying, Gossiping And Backstabbing Hr Over Lunch. (No Wonder It's Called The Newsroom.) These days you can't be too careful You need privacy. Somewhere like Brasserie: Lunch 11.30 am 2.30pm. about what you say about people or, the Newsroom. Where you can enjoy Dinner 6.30pm 11.00pm most importantly, where
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        London Clearing House ups financial backing
        91 6 LONDON The London Clearing House (LCH) will increase its financial backing to £200 million from £150 million with effect from February 1992, it said in a statement. "As competition for business becomes more acute, the markets which demonstrate the greatest financial integrity will prove
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      • Article
        Liffe to launch lire bond futures
        63 6 LONDON The London International Financial Futures Exchange said it will launch a futures contract on Italian government bonds on Sep 19. LIFFE said the contract will be based on Italian government bullet issues, called Buoni del Tesoro Poliennali (BTPs). These are fixed rate bullet
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      • Article
        Equitable expects to raise US$1b
        54 6 NEW YORK Equitable Life Assurance Society of America chairman Richard Jenrette told analysts he is confident the company will be able to raise $1 billion in new capital. He also confirmed that Equitable is in discussions with Axa Midi Assurances of France about its acquiring
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      • Article
        Irish Life to be floated in July
        63 6 DUBLIN State-owned Irish Life Assurance pic, Ireland's largest insurer, will be floated on the Dublin stock market early in July, said managing director David Kingston. In what will be Ireland's biggest privatisation, the state will reduce its share in Irish Life from 90.25
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      • Article
        Arbiter for UK bank lending row
        71 6 LONDON UK clearing bank Midland Bank pic said the row over bank lending to small businesses should be referred to the Office of Fair Trading (OFT), the Financial Times newspaper has reported. The UK Treasury last week summoned major bank heads to discuss a
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    • Article
      Lock icon Citicorp eyes Argentine gas and electric deals
      192 6 Reuter BUENOS AIRES Citicorp Venture Capital SA, an Argentine unit of Citicorp, is analysing possible deals involving the privatisation of Argentine natural gas and electric power companies, its president Richard Handley said. "We are seriously studying Gas del Estado and (Buenos Aires power
      Reuter  -  192 words
    • Article, Illustration
      Heller plans move into four more Asian nations
      374 6  -  Group eyes markets in Malaysia, Indonesia, South Korea, Taiwan By Quak Hiang Whai SINGAPORE US-based Heller International Group, which owns a 50 per cent stake in Heller Factoring (Singapore), is considering expanding its business into four more countries in Asia, a senior
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    • Article
      Kansallis Bank suffers S$106m forex loss
      239 6  -  By Quak Hiang Whai SINGAPORE Finlandbased Kansallis-Osake-Pankke admitted recently that it has lost FIM 250 million (SSIO6 million) in foreign currency dealings since the beginning of this year, according to the Finnish Business Report (FBR). The Finnish bank said it was reviewing its working
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    • Article
      Lock icon East Europe must overhaul financial systems: BIS
      345 6 AFP BASEL, Switzerland East European countries will have to stress re-organisation of their financial systems if they want to succeed in making a transition to a market economy, the Bank for International Settlements (BIS) says in its annual report, released here yesterday. In
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    • Article, Illustration
      Lock icon Race on to find Poehl's successor
      470 6 Choice of EC central banking chairman an explosive issue AFP BASEL, Switzerland The choice of a successor to Karl Otto Poehl as chairman of the European Community's committee of central bank governors is turning into a heated contest. "The field is completely open," a
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    • Article
      Lock icon Forex group turns to E Europe for new members
      394 6 Reuter MADRID The tough time experienced by foreign exchange dealers last year has taken its toll on the total number of members in the International Forex Association, but it has still managed to attract clubs from new countries. The latest country
      Reuter  -  394 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      178 6 )s#lSt You Need To Know About Housing Loans. Ask Credit POSB. Yes, at Credit POSB we advise you on the best way to get a housing loan Everything from loan application, use of CPF funds to the way you should structure your loan and repayments So that you get to
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      Page 6 Advertisements Column 2
      210 6 O 1 DBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT I RIGHTS ISSUE OF 47,420,192 NEW SHARES OF I SSI.OO EACH ON THE BASIS OF ONE (I) NEW SHARE FOR EVERY TEN (10) SHARES OF Ssl.oo EACH HELD BY SHAREHOLDERS OF THE DEVEIOPMENT
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Taipei to continue flow of investment into Asean
      336 7 Outflow will not be affected by island's USs3oob development plan MBT TAIPEI Taiwanese investment is expected to continue to flow into Asean countries despite the massive US$3OO billion (Sss3l billion) capital requirement of the country's Six-Year National Development Plan. Malaysia ranked number
      MBT  -  336 words
    • Article
      Lock icon Manufacturing sector in north M'sia set to grow
      253 7 NST KUALA LUMPUR The manufacturing sector in north Malaysia is set to flourish with total investment in the region's 38 industrial estates expected to reach Ms 6 billion (Ss3.B billion) this year. According to a 55-page publication of the Northern Region Joint
      NST  -  253 words
    • Article
      Lock icon US to invest more in Malaysian oil sector
      249 7 AP KUALA LUMPUR United States' investments in Malaysian oil, gas and other related industries will increase substantially in the next few years, an American official said yesterday in connection with the opening of a two-day oil and gas engineering exhibit. Japanese and
      AP  -  249 words
    • Article
      Lock icon Fifty Taiwan steel firms keen to set up in M'sia
      376 7 MBT KUALA LUMPUR Some 50 steel manufacturers in Taiwan have shown keen interest in shifting their operations to Malaysia, especially to Johor. They are expected to invest billions of ringgit following the decision of China Steel Corp to set up
      MBT  -  376 words
    • NOTE BOOK
      • Article
        Hanoi-Moscow oil venture raises output
        58 7 BANGKOK Vietnam's joint oil venture with the Soviet Union increased production to 10,000 tons of crude daily in May, the Vietnamese state television network reported. It said the venture, Vietsovpetro, increased daily production by 1,000 tons over April and by 2,000 tons over March. The
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      • Article
        Malaysia CPI rises 0.7pc
        78 7 KUALA LUMPUR Malaysia's consumer price index (CPI) rose 0.7 per cent in April to 103.8 from 103.1 in March, the Statistics Department said. The index (base 1990) rose 0.2 per cent in March from February. Most major components of the April index rose, with the clothing
        78 words
      • Article
        HK's external trade grows
        83 7 HONGKONG Hongkong's external trade volume grew in the first quarter of 1991, with total exports rising 15 per cent and imports rising 18 per cent on the same period in 1990, government figures showed. First-quarter domestic exports climbed 2 per cent while re-exports jumped 22 per
        83 words
      • Article
        Ironing out mining problems
        64 7 PERTH Western Australian minister for aboriginal affairs Judyth Watson will meet Aborigines in the state's Pilbara region to try to resolve disagreements delaying the Assoo million (***** million) Marandoo iron-ore mining project. Ms Watson said yesterday that she would visit the area next week for talks
        64 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      87 7 7g£T^L f holiday packages $69?^ CO $808 (Twin Sharing) k tart Return airfare to Ban Transfers between Hotel and 2 nitas accommodation m Bali Phuket Airport J HanOara Country Club 3 nights Room with American 2 American Breakfast on Bruldast 2nd 3rd day Transfers between Hotel and Laj l Transfers
      87 words
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      Page 7 Advertisements Column 2
      110 7 V|H| hi mm ■^^^EASj^^BKlg^KiSßS^Bi r jHEkmPPj Sometimes you have to watch while others drive a Honda Whisper-quiet to a loud demand Honda sells repeatedly well, keeping resale value naturally high Driving your returns beyond all expectations. Power and value released to ecstatic heights of interest Supply striving to meet demand.
      110 words
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  • THE WORLD 1
    • Article
      Lock icon BIS chief puts top priority on fighting inflation
      583 8 Annual report warns against failure of Gatt talks AFP BASEL Priority must go to the struggle against inflation, rather than to pushing economic recovery', the president of the Bank for International Settlements, Bengt Dennis, said yesterday at the annual general meeting of
      AFP  -  583 words
    • Article
      Lock icon China's industrial output up but profits fall in first five months
      337 8 Reuter BEIJING China's industrial output rose an annual 13.3 per cent in the first five months of this year, but low economic efficiency sent real profits tumbling. Sagging efficiency, the spread of dangerous triangular debt arrangements and bloated stockpiles
      Reuter  -  337 words
    • Article
      Lock icon E European nations knock on EC's door
      422 8 Reuter BRUSSELS Emerging from 40 years behind the Iron Curtain, the new democracies of Eastern Europe are campaigning for admission to the European Community. Membership would be the ultimate endorsement of their transition from communism to market capitalism and final confirmation that Europe
      Reuter  -  422 words
    • Article, Illustration
      Grabbing a Wall St bull by the horns
      51 8 Three US sailors, veterans of the Gulf War, examining the statue of a bull dressed with US flags near W all Street ahead of a victory parade for troops in New York yesterday. The bull is supposed to represent a strong stock
      51 words
    • Article, Illustration
      Lock icon Yeltsin criticises Gorbachev for seeking Western aid
      337 8 AP MOSCOW Boris Yeltsin, campaigning for Russia's presidential election, has criticised Soviet President Mikhail Gorbachev for seeking handouts from the West. Mr Yeltsin promised last Sunday to create conditions in Russia for investors to "come and make suggestions, and not to go to
      AP  -  337 words
    • Article
      Lock icon Uncertainty hangs over Indian elections
      416 8 AFP NEW DELHI Indian voters, their numbness just beginning to wear off after the assassination of Rajiv Gandhi. are showing increasing nervousness about the country's political scenario after this week's elections. With predictions of an unclear election outcome unchanged by the killing and a massive
      AFP  -  416 words
    • Article
      Lock icon Economic crisis awaits new government
      361 8 AFP NF.W DELHI The goveminent that emerges from India's general eleetions this week will inherit an economic crisis without precedent in the post-colonial era. Its first task will he to draft a national budget, already five months late, to keep New Delhi from failing for
      AFP  -  361 words
    • Article, Illustration
      Lock icon Signs of sluggish US economic rebound seen
      503 9 Economists still see bumps on road to recovery Reuter WASHINGTON The US economy is showing signs that it may be crawling out of the recession a little earlier and more vigorously than expected, but analysts doubt whether the recovery will be robust. "We
      Reuter  -  503 words
    • Article
      Lock icon Sino-Korean trade expected to hit US$5b
      164 9 Reuter SEOUL South Korea's trade with former archenemy China is expected to soar to about US$5 billion (SSB.9 billion) this year from US$3.B billion last year. Trade officials in Seoul said last Sunday that the newly-opened Chinese trade representative office in Seoul would start
      Reuter  -  164 words
    • Article
      Lock icon CIA-commissioned report warns of Japanese amorality
      556 9 IHT WASHINGTON A frank and provocative academic report prepared for the Central Intelligence Agency warns that Japan is a fundamentally amoral society that will dominate the world through its economic prowess unless challenged anew by the West. If the Japanese value system succeeds, the
      IHT  -  556 words
    • WORLD WATCH
      • Article
        Poll shows support for overseas military role
        108 9 TOKYO Over half of Japanese eitizens surveyed favour sending their country's military abroad to aid in natural disaster relief and nearly half are willing to have them take part in peaeekeeping operations. The Japan Times, a major English-language daily, said yesterday that of
        108 words
      • Article
        Dhaka sets development funds
        63 9 DHAKA Bangladesh will spend 75 billion taka (U553.56 billion) on development projects in the fiscal 1991/92 year, starting from July 1. which officials say aims at achieving 5.75 per cent economic growth. The growth of the country 's GDP was expected at 4.8 per cent in
        63 words
      • Article
        Some Shenzhen tie-ups closed
        64 9 BHIJING The Chinese authorities recently closed 113 Sino-foreign joint ventures in the Shenzhen Special Economic Zone bordering Hongkong. The China Daily said last Sunday that the ventures did not meet working capital requirements set by the zone, a booming centre of export-oriented industry. I he newspaper
        64 words
      • Article
        Peru to get US, Japanese aid
        82 9 I IMA The US and Japan will provide Peru with US$75O million (551.34 billion) over the next two years to help it pay interest on loans from international lending agencies. President Alberto Fujimori has announced. Peru owes USS2.2 billion in interest on loans from
        82 words
      • Article
        UAE gets Kuwaiti windfall
        88 9 ABU DHABI The United Arab Emirates has been reaping the benefits of reconstruction in Kuwait, with officials here reporting high exports to the war-battered country. Mohammad al-Fahim. deputy chairman of the Abu Dhabi Chamber ol Commerce and Industry, said the UAE's exports to Kuwait stood at
        88 words
      • Article
        State control of economy stays
        79 9 IH.IJINCi Ihe Mongolian economy will remain largely under slate eontrol in spite of an ongoing privatisation programme. tuna's official Xinhua news ageney, in a dispatch last Saturday from Ulan Hator, quoted a statement by the ruling communist Mongolian People's Revolutionary Part\ listing the types of
        79 words
    • Article
      Lock icon Revised calculations show lower US debt
      625 9 AP WASHINGTON The US government has come up with a fresh answer to a touchy economic question: how deeply is America in debt to the rest of the world? After a year-long research effort, the US Commerce Department released a report last Sunday showing
      AP  -  625 words
    • Article
      Lock icon CBI notes falling pay deals in April
      190 9 Reuter LONDON Fay settlements in Britain's manufacturing sector showed their largest fall in April in more than a decade. The Confederation of British Industry (CBI) announced last Sunday that settlements averaged 6.8 per cent in April, down from 8.1 per cent in the
      Reuter  -  190 words
  • Page 8 Advertisements
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      64 8 KEEPING CLASSY COMPANY GEORGE WINSTON WILLIAM ACKERMAN SCOTT COSSU TURTLE ISLAND STRING QUARTET MICHAEL HEDGES TUCK PATTI MARK ISHAM PHILIP AABERG LIZ STORY NIGHT NOISE BEN SIDRAN ALEX DE GRASSI CLIFF EBERHARDT RAY OBIEDO ANDY NARELL MICHAEL MANRING BILLY CHILDS KIT WALKER SHADOWFAX TUCKANDRESS LISTEN TO WINDHAM HILL COMPACT DISC
      64 words
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      Page 8 Advertisements Column 2
      11 8 Gold price dips as output rises for 11th year, Pg 26
      11 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      65 9 WILL THAT BARGAIN HOME COMPUTER COST YOU 1 heaps: TELEVIEW SOFTWARE $90 3 MONTHS' TELEVIEW SUBSCRIPTION (RESIDENTIAL) 527 i T*'—- MICROSOFT WINDOWS 3 0 S3OO b~ V COMPUTER TRAINING Sl5O H MICROSOFT DOS 4.01 S3OO J 3 1 i ON SITE WARRANTY S2OO ;j j MODEM S2s SERIAL MOUSE SSO
      65 words
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  • Article
    Setting higher standards
    464 10 EDITORIAL THE Stock Exchange of Singapore (SES) has introduced a comprehensive set of guidelines governing share transactions by directors and associated firms of listed companies. The guidelines which were unveiled last week will come into effect on July 1 and seek to make these company directors and
    464 words
  • WHAT THE OTHERS SAY
    • Article
      Enrich the brew
      234 10 SO LONG as Singaporeans hold a university degree to be essential to entry into a high-paying, high-sta-tus job, it matters little how many more university places the Government provides or how few are given to foreigners. There will still be cries for yet more places and grumbling
      234 words
    • Article
      Fruitful ties
      125 10 THE VISIT by Chinese President Yang Shankun to Indonesia reflects the growing importance of the bilateral relationship between the two countries. Being among the largest countries in this part of world, China and Indonesia-can do much to contribute towards a stable and prosperous Asia-Pacific region. But the most
      125 words
    • Article
      Gathering feedback
      121 10 APART FROM being concerned about problems in the community, grassroots leaders may now have to focus more on national issues. To play the role of "Grassroots Parliaments" more effectively, the quality of community leaders must be upgraded. Community organisations must attract more professionals from different fields and educational
      121 words
  • REGIONAL VIEWPOINTS
    • Article
      New trade reform
      143 10 THE June 3, 1991 package of trade reform measures is a greatly welcomed development in Indonesia's macroe-economic strategy. The new move reflects the government's strong commitment to stimulating a greater role for the private sector. The mere threat of imports will force producers to improve their production
      143 words
    • Article
      More professionalism
      174 10 IN drawing up the amendments to the Local Government Act, it will also be prudent to introduce measures that will inject more professionalism in the running of eity, town and rural councils. Some major towns have senior government officers as full-time council presidents, and improvements to the administration
      174 words
    • Article
      Smaller police force
      155 10 INSTEAD of inflating the police bureaucracy, an opposite approach whereby the Police Department will be cut down to size should be contemplated. Unnecessary police units, such as the railway police and the forest police, should be dissolved. Other units responsible for civic duties, like the traffic police
      155 words
  • Article, Illustration
    It's full house at foreign schools
    983 10  -  Several MNCs have expressed concern that the long waiting lists for enrolment at foreign schools and the limited scope for expanding educational facilities in the short term may make it difficult for expatriates with young families to move to Singapore. Rosie Tan reports Rosie
    983 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      138 10 e l^ one^r c u >on >e ow s wort^ jl'WS* <-A,I 1991 issue of Business Times, you wi I find a I Jp y (Contest Entry Form. On the Contest Entry ViForm, you will be required to play the market using the capital base you have accumulated Your selection
      138 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      89 10 DOONESBURY BY GARRY TRUDEAU ~c A I l PONT HJAR UJHAT ABOUT THE WORKING STIFFS NO NO I DON'T ,-rn BUimiT t j) H6Y, C'MON, WHAT ABOUT WHO PUT IN U HOUR PAYS AS HONEY. HAVE JfIHT YOUR ■JlilPalU W ANOTHER /9W ITS THtHtPOt'; PRCPUCVVZ, TAX PRYING OMENS, YOU COT
      89 words
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  • ANALYSIS
    • Article
      Lock icon Sharp divisions about the role of the US
      753 11  -  What does President Bush mean by a new world order? Do the views of the American public and the president coincide? Tom Wicker reports Tom Wicker NYT IN the aftermath of the Gulf War, Americans offer a lot of support for President
      NYT  -  753 words
    • Article, Illustration
      The marketing of Fidel Ramos
      1813 11  -  Philippine Defence Secretary Fidel Ramos makes no bones about his presidential ambitions. Over lunch with Harish Mehta at a Chinese restaurant in Quezon City near Metro Manila, he talked about his political ideology Harish Mehta THE packaging and selling of Fidel Ramos is a marketing
      1,813 words
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Digital launches mid-range system in Asia
      543 12  -  DEC has introduced a new computer system for small and medium-sized businesses. Claire Leow, who was in Taipei for the launch, reports Claire Leow Digital Equipment Corporation (DEC), which reported its first quarterly loss in its 26year history this fiscal year in July 1990,
      543 words
    • Article, Illustration
      Most mature industry in the region
      571 12  -  MICROCOMPUTERS IN ASIA-PACIFIC AUSTRALASIA Claire Leow focuses on Australia and New Zealand in the second of a four-part series on the Asia-Pacific IT market Claire Leow Australia may be down under in more ways than one as it struggles with recession, but its Information
      571 words
    • Article
      ISOVIEW 3 from BICC Data Networks
      246 12 BICC Data Networks, makers of ISOI.AN loeal area networking products, has launched ISOVIEW 3. a second-generation open systems network management software. ISOVIEW 3, which uses graphic representation, would give users more control over their networks than was possible before, said Jim Bristow. Far East
      246 words
    • Article, Illustration
      Sidekick makes a comeback
      532 13  -  IT MATTERS The right PC software can help put order into your busy day. A new offering adds useful features for the person on the go, and earns a conditional thumbs-up from Kenneth James Kenneth James Before there were Sharp or Casio pocket organisers, indeed before
      532 words
    • Article, Illustration
      Lock icon Recession boosts home office alternative in US
      402 13 Reuter THE home office is emerging in the United States as a strong alternative to the traditional wcrk environment, and a stidy released at the Summer Consumer Electronics Show in Chicago points to a huge growth potential for fax machines, personal computers, prnters,
      Reuter  -  402 words
    • Article
      Local software house in major deal with MEMS
      282 13 A LOCAL software house has clinched a major deal with Mitsubishi Electronics Manufacturing Singapore (MEMS). Comat Services, sole distributor for US-based System Software Associates (SSA), won a $1.5 million contract to supply both software and hardware to MEMS. This includes 14 modules
      282 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      176 12 V A Rfl C J V- L Did you know that 3Com's industry-leading networking products are certified by Novell If not, you should attend a free half-day seminar, entitled: "The LAN Solution from 3Com Novell" 3Com Novell, the leaders in networking hardware software are teaming up to provide you with
      176 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      331 13 ADVERTISEMENT Singapore Computer Systems proudly presents fNetFRAME and the "Guru of the Super Server," The new NetFRAME system is the world's 'first network mainframe,' a Super Server for PC-based environments. NetFRAME combines the high reliability of data integrity, computer power and security of mainframes with the flexibility and compatibility of
      331 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Arms control takes a back seat to economics
      1349 14  -  Don't be fooled by the recent attention that Washington and Moscow have been paying to arms control, says Thomas Friedman. The real focus of relations between the Soviet Union and the United States has radically shifted to economics and the question of
      NYT  -  1,349 words
    • Article, Illustration
      Gearing up for a new take-off
      1295 15  -  Thai Airways director of sales, Hans Henrik Lau, tells Rahita Elias, who was in Bangkok recently, the plans, prospects and problems in the airline's path to full recovery in the aftermath of the Gulf War. This is the first in a series of BT
      1,295 words
    • Article
      Fifth-freedom traffic rights are the bone of contention with US
      471 15 THE QUARREL between Thai Airways International and American earriers rests squarely on the issue of fifth-freedom traffic rights, which allow a carrier to pick up passengers travelling to a destination outside Thailand and the United States. According to Henrik Hans
      471 words
  • Page 14 Advertisements
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      Page 15 Advertisements Column 1
      2046 15 SOON TECK FINANCE (SINGAPORE) LIMITED AND ITS SUBSIDIARY COMPANY (Incorporated in Singapore) CONSOLIDATED BALANCE SHEET AS AT SHARE CAPITAL The Group and Th. Compeny 31 ST DECEMBER 1990 I—o 19— Th. Group Tho Company IMO IMO 1989 Authorised Ordinary shares of Ssl each 5.000.000 5.000,000 Notes S$ SS SS Issued
      2,046 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      265 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      265 words
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      Page 16 Advertisements Column 2
      244 16 A SR\RkUNG appears TONIGHT scons HHD ■CANOPY BAR Wime imd litaftyar With its spectacular glavs frontage. thc('anup) Bar lis the ideal ptecc to see the stars It's jl\o\Singapore'<> neweM and most exclusive rende/vnus The Canopy Bar. upstairs at the Hyatt COFFEE HOUSE Where you can dine in cosy comfort With
      244 words
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      Page 16 Advertisements Column 3
      259 16 fp3g|| Here's Ptlfe Dad! TYeal Dad to a sumptuous set meal at Seafood Theatre Restaurant, where Dad will stand to win a Budweiser Beer Hamper. Make reservations at 2<)H 0011 e\l 8605 today. I 5 persons Sloo++ (i 7 persons SlBo++ H 10 persons: S26o++ rfr-SwJh-a, Plaza Hotel i SMfOOOTHOfTK
      259 words
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      Page 16 Advertisements Column 4
      298 16 FATHER'S DAY 16 JUNE 1991 from till. M BjfKj Restaurant [jjgjfe lOtll floor IIT i, n iFor reservations, please call *****11 ext 721 SB—-■ Q/ftmdtmn Qj Cyfuwapor' h*nryterf«pmv y/ 331 Orchard Road. Stn®*»re 0923 Tel: *****11 Where the service is good, H U the ambience groat, W the food simply
      298 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      632 16 TELEVISION AND RADIO i in r" ii "i-" i "f f •••nriiiir" ri i iirnir'inw r, i> 'iii r -mnrr .-..•atmauMr: -•:-•■>nrrun —ihim—^.^. fftrriri<|| in irr<r |(B||)|| n llllwr flir w u _»nr. m unu iMienc«rTWifrrTrrwimiwtMn mi nil* mm inirirriiiiirnn rmy. w i MMmaiai—mm—m T T-! 7.25 *£Lme Summary. s!m
      632 words
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  • LIFESTYLE
    • Article, Illustration
      Tales that your blood can tell about you
      672 17  -  Bloodlines have long been used as an assessment of social acceptability. But in a twist of this old idea, the Japanese, writes Yuri Kageyama, have taken blood-typing to new and zany lengths Yuri Kageyama AT A Japanese disco and not sure how
      672 words
    • Article
      Lock icon Pumping up Reebok's sales
      475 17  -  Glenn Rifkin on the reason for the shoe firm's profit surge Glenn Rifkin NYT SINCE Reebok International Ltd started selling its Pump basketball shoe 18 months ago, the company has shipped four million pairs of the inflatable sneakers. Pump sales alone have reached USSSOO million (SSBBO
      NYT  -  475 words
    • Article, Illustration
      Solzhenitsyn accepts honorary degree
      530 17 IN A rare public appearance, author Alexsandr Solzhenitsyn accepted an honorary degree on Sunday from Dartmouth College, as the head of the US Red Cross told graduates to build character, not wealth. Solzhenitsyn, a Nobel Prize winner, smiled but made no remarks as more than 8,000
      530 words
    • Article, Illustration
      Lock icon Arrau a great Beethoven interpreter
      655 17 Eminent concert pianist Claudio Arrau died on Sunday at age 88, but not before returning to the country of his birth to perform for a new generation of Chileans Reuter CLAUDIO ARRAU, the Chilean-born pianist who died in Austria on Sunday at 88, could trace
      Reuter  -  655 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      239 17 AND ENTERTAIN There's No Beefing About It. From 1 June to 30 June 1991 v: Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad. A
      239 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lendl beats Cash in Beckenham
        79 18 BECKENHAM, England Ivan Lendl came from a set down to defeat Pat Cash 3-6, 7-6 (7-3), 7-6 (7-4) and retain his title in Sunday's final of the Beckenham grass court tennis tournament. The 31-year-old No 1 seed took almost three-and-a-half hours to win the US$B,5OO
        79 words
      • Article
        Johnstone takes Murphy's Cup
        69 18 LULFORD, England Zimbabwe's Tony Johnstone eagled the 18th hole twice on Sunday and won the US$6OO,OOO Murphy's Cup golf tournament for the second year in a row. Johnstone rapped in a 7-metre putt for an eagle three at the 18th to force a playoff with Irishman
        69 words
      • Article
        Joint Korean team?
        57 18 SEOUL OLYMPIC movement leader head Mario Vazquez Rana met the leaders of North and South Korea, China and Japan recently, sources said yesterday. Mr Vazquez, president of the Association of National Olympic Committees, discussed with the two Korean leaders the possibility of forming a joint Korean team
        57 words
      • Article
        LeMond pulls out
        90 18 MORBEGNO. Italy Top American cyclist Greg LeMond is too tired to go on with the Tour of Italy and has quit with a third of the race still to run. LeMond, a three times winner of the Tour de France, but who has been struggling on the
        90 words
    • Article, Illustration
      Partridge comes flying through
      343 18  -  Yeep Wai Ban reports on the FEI/Samsung International Showjumping Competition Yeep Wai Ban THE Singapore section of the annual FEI/Samsung International Jumping and Dressage Competition ended on Sunday. This year, 15 competitors took part in the three-day event at the Bukit Timah Saddle Club. The Singapore
      343 words
    • Article
      Lock icon Andrade triumphs in Buick
      143 18 UPI NEW YORK Billy Andrade, in the kind of groove a golfer can only dream about, won his second tournament in as many weeks on Sunday when he edged Brad Bryant by two shots in the US$l million Buick Classic. Andrade, who shot a 3-un-der-par 68,
      UPI  -  143 words
    • Article
      Lock icon Unheralded Albus clinches Senior Players
      404 18 UPI DEARBORN, Michigan Jim Albus proved he was not the typical unknown who leads the first round of a major golf tournament. Albus shot a 2-under par 70 on Sunday to come from five shots behind after two holes and win the US$l million Senior
      UPI  -  404 words
    • Article
      Lock icon Geddes beats Alcott for AC title
      181 18 Reuter NEW JERSEY Jane Geddes came from behind to beat Amy Alcott for a onestroke victory in the US$3OO,OOO LPGA Atlantic City Classic on Sunday. Geddes became the only two-time winner of the 1991 Ladies Professional Golf Association season. Geddes, who won the sea-son-opening
      Reuter  -  181 words
    • Article, Illustration
      Lock icon Courier clinches crown
      518 18 The French Open AP PARIS In a match that changed course as often as the stormy weather, Jim Courier rallied in the last two sets on Sunday to win a French Open slugfest and agam deprive boyhood rival Andre Agassi of his first Grand Slam title. On
      AP  -  518 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      902 18 > GB HOLDINGS LIMITED PRELIMINARY FINAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Directors are pleased to announce the consolidated unaudited results for the year ended 31 March 1991. Year ended Year ended 31 March '91 31 March '90 or $000 $000 Group Co. Group Co. Group Co. 1. (a) TURNOVER 66.059
      902 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market falls on weakness in Wall Street, Tokyo
      4948 19  -  By Chew Eng Han SINGAPORE stocks closed lower yesterday after an 18-point fall in the Dow Jones Industrial Average last Friday affected sentiment here. Wall Street had failed to rally despite an encouraging rise in non-farm payrolls. The Straits Times Industrials Index
      4,948 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3932 20 Main Board GE Life 1460 HO +0.7% KB 515 5 f 1.0% SNP 50* 500 233 3 1.3% Eocal Finance 140 +3 2.2% Jurong Eng 50* 336 f 2 f0.6% Inno-Pac I n 94 80 +1 +1.3% Sup Metal 20« 62 +1 +1.6% H Prop
    3,932 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Weaker overseas markets pull prices down
      4213 21 Bernama SHARES PRICES on the Kuala Lumpur stock market finished lower in thin trading yesterday with sentiment dampened by the poor performance of major overseas markets and a lack of local incentives. The KLSE Composite Index inched up from the day's low of 616.46
      Bernama  -  4,213 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      203 21 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. 5 Sets of FAST TRACK subscriptions to The first 100 subscribers will each receive won two FAST TRACK audio tapes worth $65 Cohen, "The Effective Executive" by Peter Drucker, "Marketing Masters"
      203 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      433 22 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Nat Kap kin 7 Dec 90 $1,465($1.305) 12 7(124) 6TE(6T£) Tonhow Ind Jun 7 Dec 90 $1.286L($44L> —(2) Bonvests Jun 6 Dec 90 $715l($8,219) —(3 8) —(3) Pa-kway H Jun 6
      433 words
    • Article
      DIVIDENDS ANNOUNCED
      1075 22 Currant Ex Bosks Date Total for Total for paymoat data dosa payable Ma yaar last yaar Acma 51TE Jun 5 fun 17 Jul 1 101TE AMFF NYA(e) Jun 19 Jul 4 At« 15 NYA 28c Bousteadco 41 May 15 Mar 27 Jul 8 7* 5 41 (a) CftC
      1,075 words
    • Article
      PRELIMINARY RESULTS
      130 22 Company Date Year Group pro-tax Not earnings Cms ann to profit/loss (L) por sharo iMdoad C000) (coots) MAA Jun 4 Dec 90 M$2.016($839) 4 5(1.5) Munta May 31 Mar 91 51.552f(41,687f) 135.3(85 6a) 30(27 3a) General Corpn May 29 Jan 91 MJ14.271 ($1,4361) 1 8(—) M Plantations May
      130 words
    • Article
      INTERIM RESULTS
      152 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Pacific Can Jun 3 Mar 91 $30(J68l) Van der Horst Jun 3 Mar 91 $1,517(11.836) KL Kepong May 31 Mar 91 M$45,437($54.588) NYA(5) Wearrws May 29 Mar 91 $21,878($28,406) 7(7) C&C May 17 Mar 91 $49,453($46,270)
      152 words
    • Article
      CORPORATE DEVELOPMENTS
      337 22 June 7 Bonvests Holdings Ltd has formed a company called Henrick International Hotels and Resorts Pte Ltd, in which Bonvests holds 75% equity. The group has also acquired a 51% interest In Training Systems Pte Ltd, which specialises in training in hospitality management. The Stock Exchange of Singapore
      337 words
    • Article
      RESULTS DUE
      911 22 Main Board Last Full Year Company Penod Date tear Net EPS Gross Net muKid endnt (cents) dv profit last year ($*000) Cerebos Interim Apr 27 Jul 91 12 6 20 0TE(a) 38.911 Spore Land Interim May 4 Dec 91 126 100 44.641(g) Ammo Interim Jun 8 Sep 91
      911 words
    • Article
      APPROVED ISSUES
      436 22 Company Rights Issue Alcorn One-for two fe, M$100 per share Issue of 40m Cumulative Redeemable Preference Shares (CWS) of MJO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CWS Ex-date Jun 7 Books close
      436 words
    • Article
      BONDS, LOANS & WARRANTS
      770 22 BONDS, LOANS WARRANTS Company CmimIoi pvM ConwiiM tenii ftp mm ordinary siisrs Bow# Wt Before 30/6/94 1 warrant plus HKJ100 cash ClrC Wt Before 26/4/93 1 warrant plus (3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus 50 77
      770 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1014 22 Prices as at 10.06.91 Conversion terms Premium/ Expiry (discount) Amount Optional" using limed Company (nil Wrts Share Loan Com Exer Lnstk Cask Cash. Loan Gearing Date Mths units) stock ratio price nom Stk, Left z VMM > > Bur will 115.2 0 055 0.170 1 00
      1,014 words
    • Article
      PROPOSED ISSUES
      466 22 Company Rights Issue Bolton One-for four MJ2 00 per share Issue of $90 978m nominal amount ot 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with <5 489m detachable warrants on the basis of 12 nominal amount of Bonds for every three existing shares held Every {2 nominal amount of
      466 words
    • Article
      COMPANY MEETINGS
      237 22 Bedford Bhd: 67th AGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Tun HS Lee, ***** Kuala Lumpur on Thursday, Jun 13. at 2.30pm. Berjaya Corpn (M) Bhd: EGM at the Banquet Room. Kelab Darul Ehsan, Taman Tun Abdul Razak. Jalan Keria Atr Lama, *****
      237 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      38 22 YOUR DAILY GUIDE <^cecC The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. C.A.T.S. 737-116*
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market falls sharply on soft yen and bond prices
      2242 23 Reuter TOKYO stocks closed sharply lower yesterday, with investors spooked by New York's weakness on Friday and the soft yen and bond prices. The market was wary before release of the Bank of Japan's short-term outlook today and settlement of June
      Reuter  -  2,242 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares lose ground but close off day's lows
      1934 23 Reuter HONGKONG stocks yesterday finished weaker but off the day's lows with the blue-chip Hang Seng Index down 16.58 points at 3,621.19. Brokers said a technical rebound towards the close helped the index recover slightly after shedding 39.42 points at one stage.
      Reuter  -  1,934 words
  • Page 23 Advertisements
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  • REGIONAL STOCK MARKETS
    • Asian markets close mixed to lower
      • Article
        BANGKOK
        889 24 THE THAI stock index ended almost unchanged yesterday and brokers said investors were discouraged by uncertainties surrounding some major listed companies. The index closed 0.90 point higher at 821.60 on turnover of 3.30 billion baht. Siam Cement gained 12 baht to 664 and Bangkok Bank four to 346. Brokers
        889 words
      • Article
        Untitled
        733 24 Australia A Cents VdCOO) June 7 AC Minerals 65 -1 1715 ACM Gold 36 1 ***** ANZ Bank 338 -7 ***** Aberfoyle 360 10 18 Adel Stm 7 2.5 ***** Advance Bank 495 +1 218 Alcan 155 5 136 Amcor 520 10 7234 Ampol Ex 275 unch 153 Argo 252
        733 words
      • Article
        MANILA
        497 24 SHARE PRICES closed easier in Manila yesterday following the drop in Wall Street and the absence of a market leader to perk up trading. The Manila Stock Exchange composite index fell 10.98 points to close at 1,146.54. "One reason was the drop in the Dow Jones," said Fe Paller,
        497 words
      • Article
        JAKARTA
        636 24 JAKARTA'S share prices closed sharply lower in thin trading, with the index falling 4.65 points to 391.93. Gajah Tunggal was traded on a heavy volume of more than 350,000 shares. The shares eased 50 rupiah to 5,400. Eka Darma tape industry edged up 200 rupiah to 6,600 on reports
        636 words
      • Article
        NEW ZEALAND
        172 24 LEADING New Zealand shares were mixed in extremely thin business yesterday, as investors awaited details of the Telecom Corp float, due to be out today. "After the big thump the market took on Friday in response to the Carter Holt cash issue, I think people were waiting for
        172 words
      • Article
        TAIPEI
        510 24 TAIWAN stocks finished lower yesterday, with investors discouraged by slight profit-taking at the opening and sold in late trading. The weighted index lost 61.58 points to close at 5,852.63 compared with Saturday's 5,914.21 finish. Turnover was a moderate NT541.66 billion against NT548.95 billion previously. Dealers said corporate results announced
        510 words
      • Article
        SEOUL
        817 24 SEOUL'S drooping stock market closed slightly firmer, thanks to long-awaited intervention from the Stock Market Stabilisation Funjl (SMSF). "Stocks fell nearly three points by the beginning of the afternoon session, but about three billion won (of buying) from the Stabilisation Fund helped push the index up in late trading."
        817 words
      • Article
        BOMBAY
        67 24 THE Bombay Stock Exchange (BSE) was closed yesterday after heavy monsoon rains paralysed the city, broker Dinesh Valji said. He said the exchange was expected to re-open today. Official comment was not immediately available, with tens of thousands of telephone lines put out of action by floods. The BSE
        67 words
      • Article
        INDICES & TURNOVER
        84 24 INDICES TURNOVER Close Previous June 10 SYDNEY All Ordinaries Index Closed 1.477.5 All Industrials Index Closed 2,2988 All Resources Index Closed 850.8 Turnover (million) Closed 91 36 BANGKOK SET Index 821 60 820.70 +090 Turnover (million baht) 3.300 4.130 -830 JAKARTA Composite Index 391.93 395.93 -465 MANILA Composite Index 1.146
        84 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 24 In local currency In S$ In US$ June 7 day year day S year day year change Index change change change change change World 412.9 -0.2 15.3 -0.6 11.7 -0.7 9.4 tEAFE 539.3 -0 3 14.7 -0.7 7.9 -0.9 5.6 Europe 438.4 -0.4 20.3 -0.9
        365 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Sang Kancil pins hopes on strong US dollar
      872 25  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen
      872 words
    • Article
      Dollar ends higher despite BOJ intervention
      529 25 REPORTS Tokyo: The dollar yesterday ended broadly higher, after Bank of Japan (BOJ) intervention eoupled with corporate selling failed to take upward momentum out of the market The BOJ sold an estimated US$2OO million at around 140.70/75 yen here, dealers said. There was also
      529 words
    • Article
      FINANCIAL FUTURES
      1231 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.76 93.77 93.75 93.76 641 ***** 320? Sep 91 93.43 93.45 93.43 93.43 6300 ***** 6456 Dec 91 92 82 92.86 92.82 92.83 5000 ***** 4346 Mar 92 92 64 92.66 92.62 92.64 800 8201 1984
      1,231 words
    • Article
      INTERBANK FOREX RATES
      408 25 Cross rates June 10 US$ SS MS Dm Yen SFr AS N/S USS 1.7820 2.7770 1.7750 140.65 0.5995 1.5210 1.3298 1.7271 SS 0.5612 1.5584 0.9961 0.7893 0.3364 0.8535 0.7462 0.9692 MS 0.3601 64.17 0.6392 0.5065 0.2159 0.5477 0.4789 0.6219 Dm 0.5634 1.0039 I 5645 79.24 0.3378 0.8569
      408 words
    • Article
      MONEY MARKET
      535 25 Interbank rates SS Bid Offer Overnight 4 3/4 4 7/8 1-month 5 1/4 5 3/8 2-month 5 3/8 5 112 3-month 5 1/2 5 5/8 Overnight mode: 5-1/16 liSS Bid Offer 7 days 6 6 1/8 1 month 6 1/16 6 3/16 2 months 6 1/8 6 1/4
      535 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Gold price dips as output rises for 11th straight year
      457 26 AFP BASEL, Switzerland A continuing rise in gold output last year the i Ith straight year such an increase has occurred contributed to the metal's decline as a safe haven for investors, the Bank for International Settlements said in its
      AFP  -  457 words
    • Article
      Lock icon Rubber producers exploring ways to firm up prices
      239 26 Reuter MADANG, Papua New Guinea Malaysian Primary Industries Minister Lim Keng Yaik has warned developed nations that rubber producers are prepared to get tough on pricing to improve the flagging market for their commodity. Mr Lim said producers will work together to
      Reuter  -  239 words
    • Article
      Tin price sinks 4 sen with large offerings
      820 26 REPORTS THE PRICE of tin cased four sen to MS 15.50 per kg following high offerings on the Kuala Lumpur Tin Market yesterday. Dealers said there were large offerings from miners after the metal ended unchanged on the London Metal Exchange on
      820 words
  • Article
    PRICES
    1418 26 Rubber June 10 MS (tab hi bates) S cents/kg Noon Close Int 1 RSS Prompt Int 1 RSS July 91 Int 1 RSS August Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP I46.25/I47.25N 147.75/148.25 149.75/150.25 146 50/148. SON 144.50/146.50N 139 50/141
    1,418 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1294 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 PAX; 734-4982 UM KAH NGAM LIMITED (hcvporalad h In Republic ol Singapore) LOST SHARE CERTIFICATES Apptcanon has baen mad* to t» Oracton of the abov*nam*d company toi—iedtpfcaie share csrtficlMinplaca of »>efo<o«ii>fl«twc»r«>cai— which hivi btm nporttd loci or dulraytd: No. of share CafWtcata Mo. Kama oltl .OO
      1,294 words
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      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1023 27 City Flight ETA Flight ETD CKy Flight ETA Flight ETO Aha DfcaM GA895 1235 MH542 1450 MH641 1315 MH609 1625 SQ110 1445 Ad>hlM> QF81 2000 QF82 2200 SO 111 1705 SQ1I2 1545 SQ227 2245 MH/SQ 1800 QF03I 1545 »nlm4am GA895 1235 KL832 2120 671 MH631 1640
    1,023 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Smart money exchange moves
      540 27  -  POSTCARD FROM BRUSSELS By Charles Goldsmith Travellers are advised in a new study that exchange rates are generally better in Southern Europe, a piece of advice useful for those facing a choice of changing money before departure or after arrival. Intelligent tourists can benefit, the study
      540 words
    • Article
      MONEY CHANGER RATES
      156 27 As at 3pm yesterday: IxKal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.335 1.355 Canadian dollar 1.538 1.558 NZ dollar 1.025 1.055 Sterling pound 2.960 2.990 US dollar 1.7780 1.7880 Local dollars to 100 units of foreign currency Austrian schilling 14.00 15.00
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      79 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td June 7-10 International Milano E.A Fiera *****971 June 2nd International Centro Institute (541)*****40 Exhibition of (Italy) Intemazionale 5-11 Exhibition On Municipal de Argentino del Gift Articles, Milano Packaging Exposiciones. Knvase Fancy Goods. Buenos Perfumery Itmes, A 'res
      79 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      38 27 Johan, fly Fmnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      38 words
    • Advertisement
      Page 27 Advertisements Column 2
      62 27 1 I felt so alone, I just 1 JLPrcf wanted to die. And worst of all, I couldn't tell anyone. I used to cry a 10t..." A 36-yearold housewife whose husband had an affair. Why do affairs happen 7 How does one cape? The answers in The New Paper today.
      62 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      232 27 7 Uniform includes tanned perhaps (5) MO j j j I 10 Breaks down, strangely LmJ enough (6,2) 11 Open gifts after the holiway M H 13 Take part in a show trial 15 Unofficial news an es- flfl 17 Saw about the digs? (7) po P 3 I 20
      232 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      203 27 Singapore Outlook: Fair. Report: Maximum temperature 32.2 Assoc humidity 71% Minimum temperature 27.2* Assoc humidity 88% Hours of sunshine 10.65 Rainfall in mm Nil Rainfall this month 87.9 Rainy days this month 4 World report Asia-Pacific Hi/Ixj* Cond. Auckland. 16/08 Showers Bangkok 33/25 Showers Beijing 24/13 Sunny Brunei 32/25 Fair
      203 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      35 27 /P\N *&SOLOT£. w»ve. OF f stance GOK -TUC- klcvT "DOO{? OKiTUrI INDUSTRY ..W PRSSSuee. ueDGe ts •M 1 ljso*^»"-P*Vlong; Vuinc FOR cH\er r- f —|\V —N i if^ 8443 A EVENING STANDARD CO. LTD.. IM2-IMI
      35 words
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  • Article
    Takashimaya confident of meeting $400 m target
    379 28  -  Retail giant to cater to upper middle class market here By Sylvia Wong JAPANESE retail giant Takashimaya will aim mainly at the local upper middle class market, rather than rely on tourist spending, when its new mega store opens at Ngee Ann City
    379 words
  • Article
    Japanese retailer opens buying office
    351 28 JAPAN'S third largest retail group. Seiyu Ltd, has set up a regional office in Singapore to source for merchandise for its home market. Through the new purchasing arm. Seiyu Pacific, the group hopes to increase its imports from the region. Seiyu Pacific was incorporated in
    351 words
  • Article, Illustration
    Bangkok rolls out red carpet for Yang
    38 28 Chinese President Yang Shangkun (centre), accompanied by Thai King Bhumibol Adulyadej (right), getting a red-carpet welcome in Bangkok yesterday. His six-day visit is expected to focus on peace efforts in Cambodia.
    38 words
  • Article
    Lock icon IBM and Apple to discuss alliance
    196 28 Reuter NEW YORK Executives from US computer arch-rivals International Business Machines Corp and Apple Computer Inc were scheduled to meet yesterday to discuss forming a technology alliance, The New York Times reported. Apple executives will visit IBM's world headquarters in Armonk, New York, for
    Reuter  -  196 words
  • Article
    Lock icon Taipei cracks down on illegal stock market
    335 28 Reuter TAIPEI Taiwan is launching a crackdown on a vast underground stock market where daily trading volumes may rival turnover on the Taiwan Stock Exchange. The Securities and Exchange Commission said yesterday that it had asked the Bureau of Investigation to investigate the
    Reuter  -  335 words
  • Article
    Lock icon Thomson in chip merger talks with Siemens, Philips
    320 28 Reuter PARIS French stateowned Thomson SA, parent of one of Europe's three major semiconductor firms, said yesterday that it is holding talks with the other two which it hopes will lead to the formation of a single European chip maker. "We are
    Reuter  -  320 words
  • Article, Illustration
    A fair share of rewards
    726 28  -  The Bottom Line SREE KUMAR SREE KUMAR The writer, formerly a management consultant, is currently a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. THE RECENT STEPS taken by the Stock Exchange of Singapore to curb insider
    726 words
  • Article
    Lock icon China will not interfere in HK before '97, says party leader
    308 28 AFP BEIJING Communist Party leader Jiang Zemin said yesterday that China would not interfere in Hongkong before 1997 and even suggested it would be allowed more flexibility afterwards, it was reported here. Mr Jiang also reiterated China's support for
    AFP  -  308 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      64 28 JIL Baume Mercier GENEVE 1830 NOW 70% your SOLD OUT! now® For more details call Mr David Low at 'ISa Tel: *****13 Fax: *****66 y||P|IFBOAT i Organised by: The sth Singapore International Boat Show Cahners Exposition Group concurrently with (Singapore) Pte Ltd The Ist International Aquasports Exhibition 1 Maritime Square
      64 words
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      Page 28 Advertisements Column 2
      130 28 _iIL Baume Mercier GENEVE 1830 "THE LIFE OF LAW IS EXPERIENCE" (Mr Justice Holmes) Studying for a Law degree is not just about memorising cases :and understanding the Law. It is about logic something many people lack It is about reasoning something required in all aspects of life. ,8 a^out
      130 words
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  • SHIPPING TIMES
    • Article, Illustration
      Hanjin Shipping to start intra-Asian liner service
      417 29  -  By Dexter Lee SPURRED BY the increasingly heavy cargo traffic between Asian countries. South Korean carrier Hanjin Shipping is starting an intra-Asian liner service from next month. The new scheduled service will be operated jointly with Dong-Nam-A Shipping, also of South Korea, under
      417 words
    • Article, Illustration
      Lock icon United and American Airlines post big traffic increases in May
      677 29 NYT AMERICA'S two largest airlines, American and United, posted big increases in traffic for May. It was the first significant advance since the beginning of the year, when the Persian Gulf war discouraged many people from air travel. American Airlines
      NYT  -  677 words
    • Article
      Chao Phraya Port set to open export CFS in July
      397 29  -  From Rahita Elias in Bangkok PRIVATE wharf Chao Phraya Port Services (CPPS), a 30-70 joint venture between Neptune Orient Lines and its Thai partners, is set to launch its export container freight station next month. Capt S K Satkunasingam, CPPS
      397 words
    • Article
      J & N Cruise to begin trial run on second catamaran
      262 29 J N Cruise to begin trial run on second catamaran J&N CRUISE, a joint venture between national carrier Neptune Orient Lines and Japan Air Lines, received delivery of its second catamaran on May 29. The $10 million aluminium propeller-driven vessel. Equator Triangle, will begin its trial run on Saturday. Its
      262 words
    • NEWS SUMMARY
      • Article
        Vietnam: Building up a new life
        58 29 WITH the US embargo on Vietnam still in place despite President George Bush's declaration that the military victory against Saddam Hussein had dispelled the "Vietnam Syndrome" expert teams from the multilateral financial institutions are busy assessing Vietnam's investment needs when it is finally welcomed
        58 words
      • Article
        Executive warns of higher freight rates
        62 29 SUPPLIERS of base metal concentrates were warned at a conference last week in Lisbon that they face hefty increases in freight rates during the *****. The scrapping rate of a rapidly ageing and higher cost world bulk carrier fleet is not being matched by
        62 words
      • Article
        Using credit card to pay taxi fare
        46 29 EIGHT yellow taxis are driving around New York City, hardly distinguishable from the 11.000 others. But inside each is a small sign stuck to the window. It tells you that you can pay with a credit card Back Page
        46 words
      • Article
        Lauda Air pilot fails to take measures
        38 29 THE pilot of a Lauda Air Boeing 767 which crashed in Thailand last month failed to take necessary safety measures after a warning light came on in the cockpit Back Page
        38 words
    • LOG BOOK
      • Article
        Suzuki motorcycles are environment friendly
        60 30 1 WO SUZUKI motorcycles which are sold in Singapore have made it to a top 10 list of environment friendly vehicles. According to a statement from Champion Motors, Suzuki's distributor in Singapore, the Suzuki Swift 1.0 and Suzuki Swift 1.3 were placed third and eighth
        60 words
      • Article
        PIA plans to raise fares
        81 30 PAKISTAN The Pakistani government is considering a 20 per cent increase in domestic fares on Pakistan International Airlines (PIA) in the next financial year. The last fare rise on domestic routes, by 10 per cent, was in November 1989. Minister for Food and Agriculture Majid
        81 words
      • Article
        Navy sells rum to pay for party
        119 30 AUCKLAND The Royal New Zealand Navy is to sell its stocks of rum to pay for its 50th anniversary party later this year, Commander Nick Byrne said. The government has allocated no money for the celebrations. The Navy expects it will raise NZ$2OO,OOO
        119 words
      • Article
        Fire onboard Italian ferry
        81 30 LEGHORN, Italy Fire broke out on Saturday night on an Italian ferry belonging to the same company that owned the Moby Prince, which collided with an oil tanker and exploded last April causing 143 deaths. The fire occurred in a room beside the restaurant on the
        81 words
      • Article
        Karachi port workers on strike
        55 30 KARACHI Some 12,500 workers of Pakistan's main Karachi port went on strike on Sunday to protest against the arrest of three colleagues, an official of Karachi Port Trust (KPT) said. Police had detained the three KPT workers on Saturday night in connection with investigation of
        55 words
      • Article
        United acquires Microflite
        62 30 HUNT VALLEY, Maryland United Industrial Corp subsidiary AAI Corp said it signed a contract with Bicoastal Corp of Tampa, Florida, for an asset purchase agreement for Microflite Simulation International. AAI supplies armaments and ammunitions and other systems for the Department of Defence and the aerospace industry. Microflite
        62 words
    • Article
      DAILY FREIGHTS
      846 30 THE DRY cargo freight market on Friday was again steady although the Baltic Freight Index dropped 12 points to 1,695 in a continued correction 16 highs reached in May, brokers said. All routes were lower except the transatlantic single voyage to the Far East via US Gulf which
      846 words
    • Article, Illustration
      Lock icon Building up a new life
      1016 30  -  Vietnam's waterborne facilities are in a dilapidated state. But help is on the way to rebuild the transport and communication networks. Ken Stier reports Ken Stier Lloyd's Maritime Asia WITH the US embargo on Vietnam still in place despite President George Bush's declaration that the
      Lloyd's Maritime Asia  -  1,016 words
    • Article
      TRANSPORT DIARY
      998 30 June 11-14: Nor-Shipping '91 Conference, organised by Lloyd's of London Press Conference Department, Sjolyst Exhibition Centre, Oslo. June 13-15: Hongkong Airport Construction and Development Exhibition *91, Hongkong. June 17-18: Seminar on Marine Cargo Insurance and Shipping Frauds, organised by Facs World Private Limited. Carlton Hotel. June 27-28: Seminar
      998 words
    • Article
      THE SHIPPING GUIDE
      10459 38 1 his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a
      10,459 words
    • Article
      SHIPPING AGENTS
      3360 43 A IYBC C ontainerline NV: Bclsin Shpg Agencies Hie Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group; Accord Shpg Pte I td (SVAeeord Conir Line (PK/PN). Adkris Business C orporarion Philippine: Calsource Shpg Trdg Pie 1 id (S) Ahrenkiel liner Service; Kim Shpg Trdg(S). Albatrus Sen-Air Service: Frata
      3,360 words
    • Article
      COURIER SERVICES
      245 43 Abacus Couriers IcI: 545-8011. Fax: *****98 Air F x press I ravel Tel. 533-5771. Kax: *****44 Airburne freight Corporation Tel: 542-8844 Fax: *****16, *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster link
      245 words
    • Article
      AIR FORWARDERS
      1588 43 Abex Fxpress Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerulink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax: *****06. Air Fxpress International Tel: 542-7666 Fax: *****74, *****50. Air
      1,588 words
    • Article
      PORT CONDITIONS
      2015 44 ARGENTINA Buenos Aires: 1 he dispute with the gantry crane operator spread to other machine/crane operators. The port was disrupted by union action. Although their demands have not been fully met, crane operators are working normally again In the past few days arrival have outnumbered sailings and the
      2,015 words
    • Article
      AIR FREIGHT SCHEDULE
      470 44 ARRIVALS DEPARTURES Op Flight I ype ETA T From Op Flight I > p«r KIT) T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL FDX FM22 DC I OF 0335 1 TPE/NRT/ANC JAI. J1-617
      470 words
    • Article
      SHIP SALES & TANKER RATES
      518 44 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING Motor vessels Optomist: 48.998 dwt and built 1970, sold to Greek buyers for about US$3.6 million. Ihc Sunny Wisteria: 38,094 dwt and built 1985, sold for a price in the region of US$l5.3 million to Norwegian interests. Soarer Diana (43,589 dwt.
      518 words
    • Article
      CRUISE & FERRY SCHEDULES
      297 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr l)ep Name of Vessel ETA FID Ports of Calls Port Agent JUNE 12 12 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 13 13 Andaman Princess 1100 1600 Cruise-To-Nowhere Lines Int Molding 14 14 Andaman Princess 1500 2000 Cruise-To-Nowhere Lines Int Molding IS 16 Fairstar
      297 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        463 45 VesMi Voy No Berth Arrival Departure J Vesiel Voy No Berth Arrival Depart™ Keppei Wharves lurong Port .,nt/i?nn Ha. Lee 1 K33 Ax«sde 1106/0600 S San Lws 34WB CIO alongside 1106/2300 Asejn Honour 2 06 170u Tekna 16 K32 alongside 1106/2359 te a a j ontM e
        463 words
      • Article
        CONTAINER SCHEDULE
        1260 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookng/Balance Rstts Ship Voy No Etb/Btr Period From To From Adrian Ms 9106 12/2000 2 10/1700 11/0659 U/0900 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 Ail. Pride ***** 12/0700 1 10/1500 10/1659 10/1900 2 10/1700 11/0659 11/0900 3
        1,260 words
      • Article
        IN MALAYSIAN PORTS
        268 45 Penang Port Berth in Butterworth on June 11: 1: Lu Yun; 2; Pearl One; 3: Timber Trader VI. Luconia. 4: Trans Trader; 5 nil; 6: ml Penang Wharf NB nil; CB: Raya; SB: Tanjung Bungah BCT: Bl; South Wind; BJI: Azam H; l/B; Mann VOTP: Commander Grut.
        268 words
    • Article, Illustration
      Lock icon Metal suppliers warned of higher freight rates
      368 46 Reuter LONDON SUPPLIERS of base metal concentrates were warned at a conference last week in Lisbon that they face hefty increases in freight rates during the *****. The scrapping rate of a rapidly ageing and higher cost world bulk carrier fleet is not
      Reuter  -  368 words
    • Article, Illustration
      Lock icon Paying the fare with credit card
      397 46 New York City Taxi begins testing meter that accepts Amex NYT NEW YORK EIGHT yellow taxis are driving around New York City, hardly distinguishable from the 11,000 others. But inside each is a small sign stuck to the window. It tells you that you
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    • Article, Illustration
      Lock icon Lauda pilot fails to react to warning light
      276 46 AFP BONN The pilot of a Lauda Air Boeing 767 which crashed in Thailand last month failed to take necessary safety measures after a warning light came on in the cockpit, the weekly Per Spiegel reported in its edition. The edition reprints
      AFP  -  276 words
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      183 29 SSWfE HEN 6 METM. CO PTE LTD 13 fUAS AVE 14. SINGAPORE 22M TELEX HS 206/ A 3MMCPI. TEL: 861 5855 (Sanaa) TEL(FAX:Mi 2M« Mhv Fi*nnj«oi wutotmrc* 1 I ftv I MJ dtfula fll IJIIII taM, so,Oßn— r< *9 u MMiAroar. MALA*SIA C4MMf«rtor MIAILAMO, MWNMIA 'OMmIIIM rmnwwM 'ConHMHinMnaMSMi «a> 1
      183 words
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      Page 29 Advertisements Column 2
      51 29 Air Forwarders 15 Air Fre«h( Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 2 Indei to Mvertrsers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsales/Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Chary 2 Weather and Sea Conditions
      51 words
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      2406 31 JARDINE SHIPPING ACENCIES MO Cantonment Road #12 05 Southpwnt. Smgapwe 0208 \lllf# TELEX NO RS ***** MW f *****H IFRMINAI CFS Tel *****18 220 RAAAA TV Tel *****34 258 IWV M PCSAKA JARDINE SHIPPING AGENCIES SON BHD HORT KELANG TEL: *****18 TELEX MA*****/MA***** PENANG TEL *****4 TELEX NO MA4UI/3 CES
      2,406 words
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      Page 31 Advertisements Column 2
      965 31 INDEX tomwrtbers Page Col Pant- Col I a r m ABC Containerlinc 12 I Mac-Nds Agencies 14 1/2 j Accord Group 8 1-3 Mac-Pac Freight 9 4/5 Aeropak Express 9 3 Macoline 18 3 J »APL 5 3-5 •MaetskLine 3 4/5 AK Line 13 5 14 1-3 ASCI 5 I
      965 words
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      Page 31 Advertisements Column 3
      1990 31 ■Brmpira TWO SAILINGS PEN WEEK TO NORTH ASIA SINGAPORE/YOKOHAMA 10 DAYS ETO WEEKLY TOESDAY AND WEDNESDAY SINGAPORE/NAGOYA 9 DAYS Vessel Voy ETA j ETD 'Port "Penang Singapore Kelang DESTINATIONS Tn* Maran MS 9106 Feeder Dy 18 6 oaoo hrs m Pinto CFS 17/6 2358 MRS OAK LOB HOU MEM ATL
      1,990 words
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      Page 32 Advertisements Column 1
      1222 32 r~ Irottedaml V, VVOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONOON EXPRESS 02/123 14/6 6/7 5/7 3/7 IJJJWV KITANO 08 323 16/6 7/7 5/7 4/7 9/7 iSMiNMW HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 X VttfMUKO HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 SCUM HBtAK* CAWO KATSURAGI
      1,222 words
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      Page 32 Advertisements Column 2
      655 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 2/8 3/8 6/8 7/8 Agents SINGAPORE: *****11 Jar-dine Shipping BOOKINGS:
      655 words
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      Page 32 Advertisements Column 3
      1538 32 summ REGULAR INDEPENDENT FULL CONTAINER SERVICE wESTBdUND f6r EUROPE VSL/VOY SM AIG BCL HAM BRE ROT ANT FEL LMA (VIA (MA (VIA AIG) HAM) ROT) NORASIA AL-MUNTAZAH 9114-3 14/06 04/07 03/07 07/07 OS/07 09/07 10/07 11/07 12/07 NORASIA SAMANTHA 9115-3 21/06 12/07 14/07 17/07 H/07 19/07 20/07 21/07 22/07 NORASIA
      1,538 words
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      Page 33 Advertisements Column 1
      2193 33 Steamers Maritime Holdings Ltd Ifc V PffKT anv STRAITS SHIPPING 0- fc HHBOSF® It MMr IISI MWyWr Containers ibjw i"** Von No t-Ptn Pki S oore Alf Sou Ant Rot Hb| LEI3E MAiRSK 910S 01 Of 10 06 1? 06 27/06 30 M 01/07 04/07 ACCEPTS DUf SAILS tIVfRPOOI BAY
      2,193 words
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      Page 33 Advertisements Column 2
      2365 33 TO: U.S.AJPANAMA FM: U.S.A./PANAMA sr oak iGB cm Foe sav mod nyc hyc no« sav cm igb oak sr CMOtANG WORLD 1W123 lt/1 12/J Jl/J njl IHI tt/1 M/ 7 ARABIAN SINATOII WA lit 1/S J/S S/S lfl/5 IS/S *0/5 l«/f CHOYANG GIANT WflM 17/7 »/7 M/ j/t J/» 6
      2,365 words
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      Page 33 Advertisements Column 3
      344 33 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA/ NAGOYA/OSAKA OR SENBOKIJ COSMIC PIONEER Vl4 ETA SPORE 20/6/91 ETA PK 22/6/91 t S^ O N?^sT m 4ST j S' p S a^C^ r SC?S: O IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK STORE PK PI DSN CT s*"* l W sw
      344 words
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      Page 34 Advertisements Column 1
      580 34 LxSfl 3 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl/WT SPORE ROAM AO AM H'BURG BKMEN MiTWtf MATARAM 29W8 20/6 22/7 27/7 31/7 3/1 SMMMYA/ 32M8 11/7 19/S 25/1 29/8 2/1 KUTAI 23W8 25/S 26/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfect to Inducement Also
      580 words
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      Page 34 Advertisements Column 2
      912 34 i 4 iM it, HANJIN SHIPPING S'pore LEH RTM AMI HAM BRV FEL IfEEDCT VSI SIN LME HAUL LGB OAK HANJW HONGKONG 029W 11/6 29/6 30/6 1/7 1/7 2/7 3/7 fMAMN TONGHAE OS2C 11/6 OWECT 1/7 4/7 HANJIN ROTTERDAM 014W 16/6 4/7 5/7 6/7 6/7 8/7 9/7 IHAIIJIN FELIXSTOWE 00«E
      912 words
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      Page 34 Advertisements Column 3
      1323 34 iBBSSTzk Tl J -1 I PKL SCP H(G KSG KIG PUS HK! OS* NET 96 TYO LAX CHS BAL NYC LHV UM w T» HBG PSD CM Ml SET I Q.EAMY IK-OJ3 12/t 14/6 11/6 20/« 21/t 24/b 2C/C 21/J »/i JO/t 1/7 12/7 24/7 5/7 a/7 7/1 Tl Tl
      1,323 words
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      Page 35 Advertisements Column 1
      1565 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 MB am AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE *****48 CFS: K27 IMPORT: *****69/*****50 M NEPUNE SON BHD MALAYSIA K.L.-(03)
      1,565 words
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      Page 35 Advertisements Column 2
      447 35 ANTWERP 16/6 KAOHSIUNG 16/6 COLOMBO 14/6 BREMEN 16/6 KEELUNG 16/6 BOMBAY 14/6 HAMBURG 16/6 HON6 KON6 17/6 KARACHI 14/6 LEHAVE/LONDON 17/6 liaMllM MADRAS 14/6 FELIXSTOWE 17/6 MAN,LA lb/b CHITTAGONG 18/6 GENOA 17/6 BUSAN 18/6 CALCUTTA 14/6 MARSEILLES 14/6 BANGKOK 14/6 JAKARTA 18/6 LiiaLLlllJl^MW PORT KELANG 14/6 SYDNEY 13/6 PENANG 14
      447 words
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      Page 35 Advertisements Column 3
      1029 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 IKL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUH) OtSCHARQNG WESTBOUND-LOWS TKANSHPPg) VIA ROTTOBXW «atis ww law |it» vot |s» |wu |mc law n
      1,029 words
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      Page 36 Advertisements Column 1
      1628 36 K 4 4 -w* AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) v v «n m TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I |J MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD JL m. JL/ A jLi TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA,
      1,628 words
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      Page 36 Advertisements Column 2
      788 36 r.« PHIU ORICNT UN€S PT€ LTD l 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA Sflfcaigr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGII I' FORWARDERS ASSOCIATION BWIIW WSJiM lOJ^MONTRSRTTAW/HORONT^^^^^^^^ VANCOUVER. SWESTERN ONTARIO
      788 words
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      Page 36 Advertisements Column 3
      461 36 golden line A GUAN GUAN SHIPPING (PTE) LTD ll 73 Telok Aver Street SINGAPORE 0104 TEL *****88 (10 LINES) Fa* *****04 (CR No *****5SOOOOW) STRAITS/PERSIAH CULT SERVICE S pore P. Kelang Penang GOLDEN HARVEST Cokwbo Karachi Dutw 18/28 km GOLDEN PfONOEI Colomoc Kaiachi Out* 21 30 km CHINA SERVICE QWG
      461 words
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      Page 37 Advertisements Column 1
      1648 37 'SSiS?:'J9jf Jf PACIFIC INTERNATIONAL LINES (PTE) LTD M pti Building, 140 Cecil Street #03-00, Singapore 0106. [JAKA 1117 1 ['BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR MAS 07N 14/6 16/6 21/6 PEGASUS PROGRESS 671N 12/6 15/6 19/6 BUNGA TERATAI 243 16/6 16/6 23/8 14/6
      1,648 words
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      Page 37 Advertisements Column 2
      704 37 BENUNE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE RO T TERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Arcsia 4 188 11'6 28/6 29 6 1/7 2/7 Nedlloyd Tokyo* 186
      704 words
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      Page 37 Advertisements Column 3
      356 37 m HE.\ ASIA COSTAISER SERVICE I Spore B'ko* Pegasus Progress 671N 12-13 Jun 15-16 Jun Ingenuity VI37N 14-15 Jun 18-19 lun Pegasus Progress V672N 19-20 Jun 22-23 Jun Ingenuty VI3BN 21-22 Jun 25-26 Jun General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Far *****63 (National Carrier of Jordan)
      356 words
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      Page 37 Advertisements Column 4
      584 37 ■HHpHppMK ■KWwmftwsHjraftW Z=i MYANMA pBBk FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) S'por« P.Kit P«" P.Gdg j SAGAING V23S Wi Port PAGAN VI7IW In Port AVA VIOBW 16/18 lun 19/21 lub j PINVA VIIEW 4/7 My Ngt THE BANK LINE (A Mrvlc* of Andrew W»tr Shipping)
      584 words
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      Page 40 Advertisements Column 1
      805 40 TO AUSTRALIA/NEW ZEALAND ~wsl ISki |fr«m ItMb [NPE P CMAL M C VEAOIMET72 14 22 b |>8 0 7 6 7 7 9/7 ANT*EAPEN 273 29 6 5 7 10 7 '14 7 20 7 23 7 ft) MAR [MA II 275 6 12 I TT» 'l 9 2il 27
      805 words
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      Page 40 Advertisements Column 2
      1211 40 EXPORTS TO HONGKONG. TAIWAN lAPAN TWICE WEEKLY" MALACCA STRAITS FIEDfR SERVICE OUTBOUND VOY PML PNG IK 1 SIN HKG KAO KEE TYO SM7 NGO KOB~|| VESSfI VOY ISIN PKI PNG 81W SIN MEIOOY 26 *7 6 »*lO 6 156 2oT 76 627 6 ICEBOD 9A 12 6 136 146 176
      1,211 words
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      Page 40 Advertisements Column 3
      1603 40 til WitW C CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MISTRI ROAD. KMC BUILDING TEL *****00 #15-00. SINGAPORE 0207 TELEX: RS ***** COSWP CR NO **********0 M FAX *****66 CABLE COSTARLINE General Agents: 006 TAR SHIPPING PTE LTD TO PROM HONO KONO AND CHINA VESSEL/VOY SCR HKG SHA
      1,603 words
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      Page 41 Advertisements Column 1
      979 41 UKC CONVENTIONAL SERVICE PNG P G 104 d m( tor VESSEL 28, 06 Rotterdam/Antwerp CHINA FULL CONTAINER SERVICE SGP PHI BKK HHG QIN SHA YANGf ANGKOU 153 05/7 03/7 09/7 15/7 18/7 YANGf ANGKOU 155 05/8 03/8 09/8 158 18/8 Mm Kcrenni c(0 tor al dMU (M>t< >u MKG AUSTRALIA
      979 words
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      Page 41 Advertisements Column 2
      370 41 (S? RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I\W\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSFL VOY FT A LOADING FOR SPORE AIMOINFT 24W8 20/07 DARFSSAIAAM MOMBASA DJIBOUTI ASSAB MASSAAA ABYOT 26W8
      370 words
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      Page 41 Advertisements Column 3
      1078 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD ETA ETA ETA SPOKE POO! KEIANG PENANC BtUE IMX 18 6 Loading tor Man" WtUVAI HUOHJ 15 6 Loading for Calcutta DOtPHW 26-6 Loading Foi Mil? PIONEER SUPREME 1b,6 loading Fo» Male DONAKULHI 10 6 Loaded for Feltwaru PROGRESS LBERTT 15/6 12/6
      1,078 words
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      Page 41 Advertisements Column 4
      435 41 Baagai TEER-WE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 162N 14-15/06 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 SWGAPORE/C ALCUTT A/SINGAPORE VESSEL VOY SIN CAL SIN LHOTSE 403 13-13/06 19-21/06 27-28/06 EAGLE CAPE 012 16-16/06
      435 words
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      Page 42 Advertisements Column 1
      1848 42 1 A MAC-NELS SINGAPORE I UMRT TU: *****22 import TIL *****021 ;i PENANG TEL (04)*****6 |KK TEL (088)*****0 TAWAU TEL: (089) *****91 P KELANG TEL (03 *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~r\-/\~ "I J BAHR U T EL (07) *****2 SIBU TEL (084) *****2 PADANG TEL
      1,848 words
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      Page 42 Advertisements Column 2
      784 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 MHKT TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOY ETA I PEST VESSEL VOY ETA PEST KIM SOON
      784 words
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      Page 42 Advertisements Column 3
      375 42 l|K NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. PORTS FREQUENCY/MTH ETA SIN TRANSIT TME AUCKLAND 3 SAILINGS 13/06 14 DAYS BANGKOK 4 SAILINGS 11/06 3 DAYS CHITTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SAILINGS 11/06 5 DAYS DUBAI (UAE) 3 SAILINGS
      375 words
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      Page 44 Advertisements Column 1
      177 44 M SIGNIFICANT SHIPPING "I ■*ieL^^fl^LeeieUEiUi2^fl^3^2lljj| DUBAI. BAHRAIN. DAMMAM. MUSCAT. ABU DHABI. DOHA. SHARJAH, BANDAR ABBAS AND JEDDAH _2A_SIN 17/ JUNE, 21/ JUNE, 28/ JUNE HOCHIMINH. DANANG, NHATRANG. CANTHO, VUNGTAU. HAIPONG. ETA SIN 11/ JUNE, 14 JUNE i TA^i^???VJSA^^ A TRIPOL,/IEBANON BEIRLrr/OUZAI ISTANBUL IZM,R TUNIS. 1 MAL FA/VALETTA, LATTAKIA, ADEN. BENGHAZI.
      177 words
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      Page 44 Advertisements Column 2
      124 44 sflK ■w ■H^ v ScalpeL.scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to he kept well informed to maximise returns on r mnnt v hssential information accessible every business day your money (hr<XJgh TimPS In the same way
      124 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      328 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 21 15 10 07 05 05 07 1.1 16 21 23 24 2.2 1 8 1.4
      328 words
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      Page 46 Advertisements Column 1
      796 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEEDER VOY PKE SW LINE HAUL VOY LBH OAK St A LINE HAUI WOY TCM/XA PTL NAN HAI 202 021 09/06 10/06 12/06 H COMMANDER 26E 01/07 11/07 14/07 GOU>tN GATE
      796 words
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      Page 46 Advertisements Column 2
      184 46 li!«MIJI.M PASIR GUOANG SINGAPORE CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR OUOAWO SINQAPOHE <o* n< ?ioo mds [td 0700 ms et« 1300 m DOSS 10/6 U/( U/6 0075 14/6 IS/6 IS/8 001S 17/8 11/ C IS/8 00« 21/8 22/8 22/6 010S 24/6 »/6 25 6 OUS 21 '6 29/6
      184 words
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      Page 46 Advertisements Column 3
      529 46 CHARTPOINT Every Saturday in Business Times Hm «n W K tttfrw «nul Mi »tUMWMCHnKIim OUR USA «««ftiv «sion ~n i aukatod to 121 301 j i n in u 17 4/7 11 SERVICE CALLS I bhum vt aukatmi ao»t v 422(2 u/« in u/? 11,7 10 7 11/7 11n 11/7
      529 words