The Business Times, 18 June 1991

Microfilm: NL17508
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday, June 18, 1991 75*
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  • NEWS SUMMARY
    • Article
      Pretoria votes to abolish apartheid system officially
      64 1 CAPE TOW N South Africa's white-dominated parliament voted yesterday to end race classification, the legal foundation of apartheid since \n aide said President F W De Klerk would sign the repeal of the Population Registration Act into law within days, ending the enforced
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    • Article
      Taipei may curb trade with Beijing
      48 1 TAIPEI Taiwan is alarmed by a surge in its trade with China and may take steps to limit its dependence on the Chinese market. Taiwan-China trade shipped through Hongkong accounted for a record 10.9 per cent of Taiwan's foreign trade m May.
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    • Article
      Surprising response
      23 1 THE ENTHUSIASTIC response to the Asia Pacific Image and Information Management Conference and Exhibition has surprised even its organiser Page 2
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    • Article
      KL more selective
      35 1 VIAI WSIA is becoming more selective about the kinds of foreign investment it allows and is no longer keen on la-bour-intensive industries, says its Minister of International Trade and Industry. Page 8
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    • Article
      No upturn in sight
      37 1 EXPECTED new government levies on health and other social serv ices will keep the New Zealand economy lacklustre, at least until 1993. says the private New Zealand Institute of Economic Research. Page 8
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    • Article
      Bush defends decision
      30 1 US PRESIDENT George Bush has defended his decision to grant favourable trade benefits to China, warning that isolating Beijing would only damage chances for reform Page 9
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    • Article
      Ulysses relived
      40 1 STRAW HATS sailed in the wind and paperback copies of I'lyssc.s sopped up the rain last Sundav as devotees of James Joyce joined a Bloomsday pilgrimage through the sights and smells and tastes of the novel Page 13
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    • Article
      IT's open to changes
      24 1 THE South-east Asian IT market. unlike that of North Asia, is open to dynamic changes and price wars Page 14
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    • Article
      Cho Yang expanding
      30 1 DRAWN by the boom in container shipping. Cho Vang Line is expanding its service network into two key areas Europe-Asia and Intra-Asia. Shipping I imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      36 1 WALL STREET stocks fell in early trading yesterday, retracing a bit of last Friday's strong gain. Ihc Dow Jones average of 30 industrials dropped 6.71 points to 2.993.74 in the tirst hour of trading.
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    • Article
      Footsie lower
      31 1 L ONDON SHARES were narrowly mixed in quiet trading at middav yesterday. By 1115 GMT, the FTSE 100-Share Index was down 0.7 point, or 0.03 per cent, at 2.521.6.
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    • Article
      DBS Land plans FRNs
      25 1 DBS LAND has proposed to raise SlOO million for working capital by issuing floating rate notes due in 1996 Page 3
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    • Article
      D Sweets looks north
      36 1 WITH Jack Chia-MPH formally taking control of Dollar Sweets last Friday, the small Melbourne-based confectioner is looking for an export-led recovery into Asia, complementing the Chia group's existing confectionery lines Page 3
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    • Article
      Islamic bank grows on
      56 1 EIGHT YEARS after it was set up. Bank Islam Malaysia has chalked up shareholders' funds of M 589.6 million (5557.4 million) and pre-tax profit of MS 15.7 million and is poised for an aggressive expansion that includes setting up a unit trust, a property trust, a
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    • Article, Illustration
      STOCK INDICES
      30 1 I I Monday Change BT-MGA 740.22 +1.93 kuala Lumpur ...632.31 +5.18 lokyo 24.943.09 -150.80 Hongkong Closed Sydney 1.523.3 +16.5 Friday Change New York 3.000.45 +35.33 London 2.522.3 7.7
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    • Article
      CURRENCIES
      25 1 Exchange rates USS SS 1.7880 I IK) Yen SS 1.2690 \1S SS 0.6407 Money market rates Overnight 5 3/16% 1/4 3-month 5 5/8 unch
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    • Article
      COMMODITIES
      42 1 London Gold I \M fix USS367.30 -USSI.70 Rubber S pore July 148.25'/kg +0.25 I M'sia July 233.00*/kg unch KL Tin Turnover 105tonnes +52 I Spot MS 15.75/kg f 0.20 Crude palm oil Turnov er 1.803 lots +1.046 July N1S758 /tonne -i-14
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  • Article, Illustration
    Lock icon Malaysia's post-NEP blueprint emphasises growth
    506 1 Reuter KUALA LUMPUR Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday unveiled a new 10-year soeial engineering blueprint emphasising rapid economie growth ahead of wealth distribution along racial lines. But. he told Parliament that the 1991-2000 New Development Policy (NDP) would continue to guarantee
    Reuter  -  506 words
  • Article
    UIC tests market for SingLand shares
    502 1  -  Several securities firms competing to package proposals By Chew Eng Han HAVING sold off its interest in the Phuket Yacht Club and Japan's Joyo Bank. UIC is now focusing its attention on paring down its stake in 75-pcr cent subsidiary' Singapore Land. Several securities
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  • Article
    Covered warrants, or the usual?
    131 1 WARRANTS are normally issued as a sweetener to enhance the marketability of the accompanying shares or loanstocks. Typically, a warrant entitles the holder to buy one share at a fixed price before expiry date. Unlike the more usual warrants, covered warrants lit- erally cover existing
    131 words
  • Article
    Congress may form coalition with Janata faction
    451 1  -  By Harish Mehta AS the Congress (I) party searched for allies yesterday to cobble together a coalition in India, the silver lining on its horizon was a call by a Janata Dal leader to form a Congress-National Front coalition government. Then there was
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  • Article, Illustration
    Temasek head appointed to BIL board
    182 1  -  By Schutz Lee I HE HEAI) of l emasek Holdings, Lum Choong Wah. has been appointed to the hoard of New /.caland-based Brierlev Investments Ltd (BIL). His appointment, which took effect last week, follows the purchase early last month of 120 million new BIL
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  • Article
    S'pore not hit by Citicorp's sell-off plan
    409 1  -  By Quak Hiang Whai CITICORP'S plan to sell ofT 15 per cent of its credit card business will not atYect the bank's credit card operations in Singapore, according to Christine Teng. vice-presi-dent at Citibank Card Centre. In fact, the group is so confident
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      165 1 Nikon o The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 World News 8.9 Cryptic Crossword 25 Regional Co News 4 Editofial 10 Regional News 7 For market indices, editorial. Financial News 6 Regional Stock Markets 22 advertising and circulation
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    • Advertisement
      Page 1 Advertisements Column 2
      7 1 Thai economy develops new thrust, Pg 11
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    • Advertisement
      Page 1 Advertisements Column 3
      3 1 Editorial, Pg 10
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    • Advertisement
      Page 1 Advertisements Column 4
      62 1 Nikon The World s Finest Photographic System. ———J Major change expected in structure of exports, Pg 7 One-time high-flyer MUI stirs again, Pg 15 ■> "HZZTii le/ mu/t" de a/Her Boutique/ SINGAPORE #01 36. Lucky Plaza. 304 Orchard Road Tel: *****27 #01 04. The Shopping Gallery. Hilton International Singapore, 581.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Underpass opens
        74 2 HE underpass linking the Orchard MR T station to t"k lang department store was opened yesterday. Ihe $7.5 million underpass will be linked to the existing one below Seotts Road. The Public Works Department said the underpass will :'ive pedestrians safer and more sheltered access to Orchard Road.
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      • Article
        FEER at airport lounges
        63 2 HE publisher of the Far East Economic Review (FEER), hangi International Distribution Services, can now distribute 10 free copies of the magazine in the lounges of the Changi virport. The Government yesterday announced that permis>on was granted as the company's application to distribute 10 copies is
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      • Article
        Commerzbank's purchase
        65 2 iERMANY's third largest bank Commerzbank has purhased $6.5 million worth of systems and services from >igital Equipment Singapore. The systems include two midange Digital computers, each with 48G-bytes of disk storage, jr a newly-established regional data centre located in Singuore. The system connects branches in Singapore, Hongkong nd
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    • Article
      Positive response to exhibition on imaging technology
      326 2  -  By Said Abdullah THE enthusiastic response to the Asia Pacific Image and Information Management Conference and Exhibition has surprised even its organiser. HO Eink, the organiser, estimates that $10 million worth of deals were generated during the two-day event on imaging technology from
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    • Article, Illustration
      Call to maintain links with returned expatriates
      399 2 SINGAPORE'S plans to develop linkages overseas should extend beyond Singaporeans abroad to foreigners who once lived and worked here, said Mah Bow Tan yesterday. Over the years, many Japanese. American and European expatriates have gone home with good memories and favourable impressions of
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    • Article
      Stable united front, with hint of cleavages
      437 2  -  PERC rates Singapore as one of region's lowest risk countries By Anna Teo UNITY' of purpose in its policies remains a trademark of Singapore. But major cleavages. mainly social and communal, hover beneath the surface, says Hongkong-based Political Economic Risk Consultancy (PERC) in
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    • Article
      European firms at Asia Pack exhibition enjoy EC support
      269 2 THE Commission of the European Communities is sponsoring participation by European firms in the fourday Asia Pack/Print 91 which opens in Singapore this week. It is also simultaneously organising a technical seminar which will be conducted by the European Community Investment
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      551 2 I ilil x The awesome display of technology at Banque Asia '91 Finance Asia '91 will change your ideas about how to run your bank! BANQUE ASIA celebrates its l()th anniversary with a world class display of banking technology from over 50 of the world's best known providers of financial
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    • Advertisement
      Page 2 Advertisements Column 2
      145 2 r C=C£ m HONG KONG OPTICAL SEE AND BE SEEN AT HONG KONG'S LARGEST OPTICAL FAIR Whether you're a buyer or an exhibitor, Hong 1:11VJ J:I#:WTT!THITiTTI7HTrriHI Kong Optical '91 presents a unique opportunity to meet new business contacts. 1 0M I Organised by the Hong Kong Trade Name Development Council,
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      DBS Land plans to raise $100m through FRNs
      425 3  -  By Diana Oon DBS LAND has proposed to raise Sioo million for working capital by issuing floating rate notes (FRNs) due in 19%. DBS Land's move extinguishes market rumours that the company would call for a rights issue to raise funds. DBS
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    • Article
      Lock icon Temerloh goes into warehouse, transport business
      216 3 MBT KUALA LUMPUR Temerloh Rubber Estates is going into the warehousing and transportation business through newly-incorporated wholly-owned subsidiary Distrepark. The company announced yesterday that it had purchased two pieces of industrial leasehold land in Port Kelang to develop and operate a warehouse and distribution
      MBT  -  216 words
    • Article
      Hour Glass profits drop 21pc despite better turnover
      390 3  -  By Sylvia Wong UPMARKET watch retailer The Hour Glass yesterday reported a 21 per cent fall in net group earnings to $5.85 million for the year ended March 1991 despite a 36 per cent rise in turnover. The group said it had
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    • Article
      BPL sells its Botco stake in two-part shares deal
      300 3  -  29pc of stake to be transferred in first part By Shoeb Kagda DIVERSIFIED Alliance Technology and Development's 51 per cent-owned subsidiary Botco-Parkham Ltd (BPL), has sold its 49 per cent stake in Botco Sdn Bhd (BSB) to Mezzanine Capital Sdn Bhd
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    • Article
      Lock icon Indonesia's tight money policy choking its stock market
      420 3 MARKET TALK Reuter JAKARTA The pain of cash drying up due to the government's tight monetary policy has not eased on the Jakarta stock market. Traders and analysts say local investors are losing interest and foreigners, who account for more than half
      Reuter  -  420 words
    • Article
      Dollar Sweets looks north for its recovery
      518 3  -  From Geoffrey Harris in MELBOURNE WITH Jack Chia-MPH formally taking control of Dollar Sweets last Friday, the small Melbourne-based confectioner is looking for an ex-port-led recovery into Asia, complementing the Chia group's existing confectionery lines. Simon Rowell. general manager ot Mr Jack Chia
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    • COMPANY BRIEFS
      • Article
        Two MUI executive directors now MDs
        62 3 KUALA LUMPUR THE Malayan United Industries (MUI) group, which last week announced a reconstruction exercise, has promoted two of its senior executive directors to managing directors, effective May 1. Khet Kok Yin became managing director of the hotel, manufacturing and trading, and international divisions,
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      • Article
        Jardine seeks London listing
        46 3 HONGKONG Jardine Strategic Holdings (JSH) has applied for listings of its ordinary shares and preferred ordinary shares on the London Stock Exchange. The listing is in addition to the existing listings Jardine has on the stock exchanges of Hongkong. Singapore and Luxembourg.
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      • Article
        Box-Pak buys land for factory
        47 3 KUALA LUMPUR Box-Pak (Malaysia) Sdn Bhd. a whol-ly-owned subsidiary of Kian Joo Factory Bhd. has acquired 18.848 sq metres of land near Batu Caves from Abas Hoh Sdn Bhd for MS4.B million to build a new factory for its corrugated carton business.
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      • Article
        Worldwide reports low earnings
        44 3 KUALA LUMPUR Lower than expected tin prices resulted in Worldwide Holdings Bhd recording only MS 12.830 in profits as compared to the company's forecast of MS3.B million. Worldwide said in response to a query by the Kuala Lumpur Stock Exchange.
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      • Article
        BBMB seeks bigger Prime Fund
        57 3 KUALA LUMPUR Bank Bumiputra Malaysia Berhad has applied to the Capital Issues Committee to increase the size of its BBMB Prime Fund from the present 50 million units to 200 million units as a result of "overwhelming response beyond expectations" from the public. It said
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    • Article
      Lock icon AMDB to buy property, Rediffusion stakes
      201 3 MBT KUALA LUMPUR ArabMalaysian Development Bhd (AMDB) has proposed the acquisitions of the entire equities of Perumahan Taman Pinji and Rich Avenue and a 60 per cent stake in Rediffusion Consumer Electronics. Perumahan Taman Pinji is engaged in property development and its main asset
      MBT  -  201 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      107 3 EXPERIENCE GRACIOUS HOSPITALITY lj| In the heart of Shanghai s business NEW HEIGHTS OF EXCELLENCE Excellent restaurants and bars K district stands the Shanghai JC W— ~g Fluent Enghsh-speak.ng staff t *«B Mandarin. Chosen one of the top >, Same d ay laundry ye hotels by aIS d a j
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Toshiba won't boost PC output in US
        82 4 TOKYO Toshiba Corp will nol boost its US personal computer output to a full production capacity of 25.000 units a month as originally planned, due to a sluggish US computer market, a company spokesman said. The firm's sole US personal computer production unit.
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      • Article
        Anex looks to HK bourse listing
        76 4 HONGKONG Anex International Holdings, a Hong-kong-based maker of electrical products, has joined the rapidly growing queue of companies looking for a listing on the Hongkong stockmarket, said The Sunday Morning Post. It is aiming to raise more than HKSBO million (5518.5 million) in a
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      • Article
        Union Steel workers on strike
        83 4 SEOUL Workers at South Korea's Union Steel Manufacturing Co in the southern city ot Pusan went on strike to demand higher wages, a spokesman tor the company s labour union said. The spokesman said about 1.500 company unionists downed tools Irom early yesterday morning as
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      • Article
        Nippon-Sumitomo Viet venture
        73 4 TOKYO Nippon Mining Co Ltd and Sumitomo Corp are planning to build an oil refinery in Vietnam and will soon hand over the result ot their feasibility study to the Vietnamese government, officials at the companies said. However, the scale of the refinery and other details were
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      • Article
        Arnotts appoints new MD
        68 4 SYDNEY Biscuit maker Arnotts Ltd said it has appointed Mr Paul Bourke as its new managing director. Mr Bourke is currently chairman and managing director of Campbell's Australasia Ptv Ltd. which is wholly owned by Campbell Soup. Campbell Soup holds a 32 per cent stake in
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      • Article
        Ssangyong vehicles for Viet firm
        67 4 SEOUL Ssangyong Motor Co has signed a contract to sell Mekong Co of Vietnam 1.700 jeeps and station wagons for US$l7 million (5530.3 million), the South Korean automaker said yesterday. A press release said the vehicles will be supplied over a year in 12 monthly
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    • Article
      Lock icon Toyota, Nissan performances decline
      297 4 AFP TOKYO Japan's two biggest car makers, Toyota Motor Corp and Nissan Motor Co Ltd, yesterday announced declines in domestic production. sales and exports in May although overseas output continued to expand. Toyota said domestic vehicle production dropped 8.7 per cent from a year earlier to
      AFP  -  297 words
    • Article, Illustration
      Banks, consultant back CP in talks with Anand
      474 4 BANGKOK Thailand's four biggest commercial banks and a major US financial consultant have thrown their weight behind the Charoen Pokphand Group (CP) as negotiations with the government over the 100 billion baht telephone grid expansion project reach a critical stage. The Nation
      474 words
    • Article
      Lock icon Rights issue from Bangkok Bank
      197 4 Reuter BANGKOK Thailand's biggest commercial bank, Bangkok Bank Ltd, yesterday said it would make a one-for--20 rights issue and offer other new shares to the Thai public and foreign buyers. The rights issue is for 4,268,000, 100-baht-par shares to be offered at par to shareholders
      Reuter  -  197 words
    • Article
      Perumtel achieves 23pc of target revenue
      364 4 JAKARTA Jakarta and its surrounding areas contributed half of Indonesian stateowned Perumters total gross revenues for the first quarter of the year. The Jakarta Post reported over the weekend that Perumtel president Cacuk Sudarijanto had said the company's gross revenues from January to March
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    • Article
      Lock icon NZ's Independent sells Reuters ADRs
      157 4 Reuter WELLINGTON Independent Newspapers Ltd has sold 135.000 ADRs (American Depositary Receipts) in Reuters Holdings pic for NZ$lO million (5510.3 million). The sale, which represents 405.000 Reuters shares, leaves INL with 25.000 ADRs in Reuters, it said in a statement yesterday. The sale brought the
      Reuter  -  157 words
    • Article
      Lock icon Thai bourse tells company to get rid of its board
      305 4 Reuter BANGKOK The Stock Exchange of Thailand told listed pineapple eanner Siam Agro-Industry (Pineapple) Co Ltd to remove its entire board by July 25 for defying an official order to rectify a dividend payment violation. The SET said over the
      Reuter  -  305 words
    • Article
      Lock icon Mitsubishi Motors confident of 50.5b yen profit
      350 4 Reuter TOKYO Mitsubishi Motors Corp is confident of achieving projected parent company current profit of 50.5 billion yen (***** million) in the year ending March 31, 1992. Mitsubishi vice-president Bunji Date said. "We have a lot of backlog orders. Our 1991/92 current profit
      Reuter  -  350 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      93 4 ELIZA 1 8 MOUNT ELIZABETH CHATEAU r V ELIZA O (Cow Storage ''</ o Sum. Cm* -O HOW rs. M«noarr o> Miyni Acna li# oc**®** Small. Comfortable. Convenient. Just off Orchard Road. Five-Star Quality Executive Apartments Developer: JDC Property Development Pte Ltd Ph0ne:*****28 Sole Marketing Agents: Jones Lang Wootton Phone:
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    • Advertisement
      Page 4 Advertisements Column 2
      67 4 With an ability to operate smoothly for many years n if!® without any breakdowns, B |HD the Carl Pencil Sharpener 11 foci is usecl by homes I commercial and government Jlj ffIJK I offices worldwide. The Carl I jllflP-' Pencil Sharpener, a name |;jj!! that's synonymous with durability and reliability.
      67 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Digital expects to lay off more workers
      302 5 NYT BOSTON The Digital Equipment Corp, continuing to feel the effects of a sluggish computer market, acknowledged last week that more employees would be laid oft' in the company's fiscal year that begins on July 1. James M Osterhoff, the company's chief financial
      NYT  -  302 words
    • Article
      Lock icon Time Warner shares fall on news of rights offering
      396 5 NYT NEW YORK Time Warner's investment bankers told the company that its stock would trade at US$lOO (SSI79) to US$lO5 a share after it announced its complex rights offering. But the shares plummeted on the initial news of the deal and
      NYT  -  396 words
    • Article, Illustration
      Lock icon Restructuring of Trump holdings almost complete
      437 5 NYT NEW YORK On the eve of an important regulatory hearing, the restructuring of Donald Trump's holdings was near completion and the developer had settled most of the major legal and financial issues facing his deeply indebted empire, said Mr Trump and some of
      NYT  -  437 words
    • Article
      Lock icon Guinness expects reasonable growth despite a tough 1991
      286 5 Reuter PARIS British spirits and beer group Guinness pic said 1991 is proving to be more difficult than previous years but that it still expects to achieve reasonable growth in profits. Guinness managing director Anthony Greener told a meeting of analysts and
      Reuter  -  286 words
    • COMPANY BRIEFS
      • Article
        Boddington allowed to extend bid for Devenish
        102 5 LONDON The UK takeover panel has given brewer Boddington Group pic special permission to extend its £108 million (***** million) hostile bid for JA Devenish pic pending enquiries, a Boddington statement said. Boddington's adviser Kleinwort Benson Group pic said it could not comment
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      • Article
        CGIP denies market rumours
        94 5 PARIS France's Compagnie Generale d'lndustrie et de Participation (CGIP) said Britain's MB-Caradon pic had given no indication it might be seeking to sell its 25.5 per cent stake in CMB Packaging. CMB shares jumped on the Paris bourse on Thursday on rumours that either MB-Cara-don or
        94 words
      • Article
        Morgan Crucible in negotiations
        81 5 LONDON Industrial materials group Morgan Crucible is negotiating several possible acquisitions following the take-up of nearly 90 per cent of its April 15 one-for-four rights issue to raise £96.1 million (*****.3 million), chairman Sir James Spooner told the annual general meeting. "Several negotiations are taking place
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      • Article
        Saint-Gobain sees lower profits
        64 5 PARIS French glass and building materials maker, Cie de Saint-Gobain. will post lower profits in 1991 than in 1990, chairman Mr Jean-Louis Beffa said. Mr Beffa told the group's annual meeting that the firm's profits would show very clear improvement in 1992. He did not say
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      • Article
        AEG Kabel to raise sales by 5pc
        84 5 MOENCHENGLADBACH AEG Kabel AG, a unit of electronics group AEG AG, plans to increase sales by 5 per cent and investment by 20 per cent in 1991. chairman Axel Gattung told shareholders. Mr Gattung said he expected the firm to record satisfactory 1991
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      • Article
        Vossloh sees 80pc profit boost
        94 5 DUESSELDORF Vossloh AG, the home furnishings, electronics and railway fittings group, expects to boost 1991 profits by 80 per cent, and sales by 10 per cent, to 500 million marks, due to stronger-than-expected demand from eastern Germany. In the first four months of 1991, sales
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      51 5 Mazda 929 HH 7 Qor some. But conspicuous restraint. is not conspicuous consumption. For the full facts and the opportunity to test drive the remarkable 2184 cc Mazda 929 Premium, please contact Ma/da Motor (Singapore) Pte Ltd 1 Kampong Ampal Singapore 1336 Tel 288 178// 280 4666 Fax: 282 3396
      51 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokyo to limit margin trade in some issues
        104 6 TOKYO The Tokyo Stock Exchange (TSE) plans to limit margin trade in issues whose floating shares are less than 20 per cent of shares outstanding, an industry official said yesterday. Starting with firms with July book-closings, companies that are more than 80
        104 words
      • Article
        Non-repatriable forex accounts
        78 6 NEW DELHI The country's central bank, the Reserve Bank of India (RBI), on Sunday gave financial institutions here the go-ahead to accept non-repatriable foreign currency accounts. Announcing the introduction of the fixed five-year, non-taxable foreign currency deposit scheme, the bank said it hoped the move, effective yesterday,
        78 words
      • Article
        Concern over false FEBCs
        80 6 KARACHI Pakistani banks and stock dealers have expressed concern over circulation of forged foreign exchange bearer certificates (FEBC) and urged the State (central) Bank of Pakistan (SBP) to check their circulation. Mohammad Arif, a stock dealer who also sells the FEBCs at the Karachi Stock Exchange,
        80 words
      • Article
        Outhwaite to sell agency: report
        96 6 LONDON Richard Outhwaite, a prominent Lloyd's of London insurance underwriter, has agreed to sell his underwriting agency to his finance director Edward Bloxham and 12 other colleagues, a report in the London Sunday Telegraph said on Sunday. Mr Richard Outhwaite widelyknown because of the huge
        96 words
    • Article
      Bank Islam on expansion track
      512 6  -  Plans include setting up unit trust and brokerage, and going public By Said Abdullah EIGHT YEARS after it was set up. Bank Islam Malaysia, South-east Asia's first and only interest-free bank, has chalked up shareholders' funds of M 589.6 million and pre-tax profit of M
      512 words
    • Article
      Islamic banks gaining popularity
      243 6 A GROWING NUMBER of Muslim countries are showing interest in setting up Islamic banks. The upsurge of Islamic movements in the late '70s and early '80s and the setting up of the Islamic Republic in Iran, among other things, led to the growing number of Muslim
      243 words
    • Article
      Lock icon Mortgage securities deals at record highs
      396 6 Reuter NEW YORK Burgeoning demand for US mortgage securities boosted several recent offerings to record sizes, and signals a trend towards larger issues, analysts said. This week the Federal National Mortgage Association raised to USSL7 billion (Ss3 billion) an already record US$l.4 billion offering
      Reuter  -  396 words
    • Article
      Lock icon Executives expect full offer for NZ's Jarden Morgan
      268 6 Reuter WELLINGTON Interests linked with major shareholders of Jarden Morgan Ltd are likely to launch a full takeover for the financial services firm in the next fortnight, Jarden executive director John Benton said yesterday. Jarden earlier issued a "don't sell" notice to
      Reuter  -  268 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      156 6 mmm mßm Banking Without Boundaries Deregulation and globalisation have turned banking into a round-the-clock, round-the-world industry. t /jy^^^B|P^^^^^BMß|^^^^Bß|lß||B^Hß^^^B^W^tH^ :^^i To remain competitive, banks must organise their computer systems so that vital business or trading information available to those who need it, when they need it may be. When comes to
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      41 6 Dbllar$ Non$en$e ipyti C~n 1 I, I l I i J o > j j ::j v;>^c n H fi i I i 'i*i'"i jkl V# .5 i )i ;r u u 0 »j ;j u r 1! "Gentlemen, start your engines."
      41 words
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  • THE REGION 1
    • Article, Illustration
      Lock icon Major change expected in structure of exports
      437 7 Malaysia's economic blueprint for 1991-2000 Bernama KUALA LUMPUR Malaysia's Second Outline Perspective Plan (OPP2) for the period 1991-2000 anticipates a significant change in the structure of exports over the next decade. Exports of manufactured goods will become more important, with high growth rate
      Bernama  -  437 words
    • Article
      Lock icon Government to accelerate privatisation
      401 7 Bernama KUALA LUMPUR Privatisation of government services and public sectorowned commercial enterprises will be accelerated during the Second Outline Perspective Plan (OPP2) period. Services as well as utilities will be oriented towards recovering some, if not all, of the operational costs. All these measures are expected
      Bernama  -  401 words
    • Article
      Lock icon Helping small and medium-scale firms to play a bigger role
      425 7 Bernama KUALA LUMPUR Small and medium-scale industries (SMIs) will be further upgraded to make them an important vehicle for industrial expansion and the creation of inter-industry linkages. According to the OPP2. the SMIs are expected to contribute significantly in terms
      Bernama  -  425 words
    • Article
      Lock icon KL to strengthen and modernise services sector
      484 7 Bernama KUALA LUMPUR The services sector will be further strengthened and modernised to support Malaysia's industrialisation drive and save foreign exchange. The Second Outline Perspective Plan (OPP2) said adequate training would be given to those involved in the sector to upgrade their professionalism.
      Bernama  -  484 words
    • NOTE BOOK
      • Article
        Plants closed to give HK water
        81 8 HONGKONG China has turned oft' two hydroelectric plants in neighbouring Shenzhen to ensure a continuous water supply to drought-threatened Hongkong. Li Guangzhen, the Shenzhen special economic zone's vice-mayor, said yesterday that it had shut down the two power plants in order to maintain reservoirs
        81 words
      • Article
        Aussie retail sales down in April
        95 8 CANBERRA Australian retail sales fell 2.9 per cent in April to A 57.35 billion (559.92 billion) seasonally adjured after rising 0.5 per cent to 7.57 billion in March, the Australian Statistics Bureau said yesterday. In April last year, retail sales rose 1.3 per cent
        95 words
      • Article
        Pakistani Budget approved
        48 8 ISLAMABAD The first national Budget of Pakistani Prime Minister Nawaz Sharif's seven-month-old government got parliamentary approval without change last Sunday. The passage by the National Assembly (Lower House) of the 258.3-billion-rupee (5519.7 billion) Budget for fiscal 1991/92 beginning on July 1 followed a two-week debate.
        48 words
      • Article
        More attacks on cane fields
        63 8 SUVA Arson attacks on Indian-owned cane fields in Fiji are increasing, police said yesterday as a boycott by farmers of the annual sugar harvest entered its fourth week. State-run sugar mills meanwhile admitted using prisoners to cut cane in a bid to break the boycott,
        63 words
    • Article, Illustration
      Lock icon KL more selective about foreign investment
      380 8 Malaysia taking tough stand on polluting industries Reuter KUALA LUMPUR Malaysia is becoming more selective about the kinds of foreign investment it allows and is no longer keen on la-bour-intensive industries, says its Minister of International Trade and Industry. "Foreign investments are indeed welcome,
      Reuter  -  380 words
    • Article
      Lock icon NZ health levies likely to keep economy down
      420 8 Reuter WELLINGTON Expected new government levies on health and other social services will keep the New Zealand economy lacklustre, at least until 1993, says the private New Zealand Institute of Economic Research. In its latest quarterly report, the institute cut its estimate
      Reuter  -  420 words
    • Article, Illustration
      Lock icon Pinatubo disaster yet another blow to Philippine economy
      430 8 Reuter MANILA Destruction wrought by Mount Pinatubo and the forced evacuation of thousands of Americans have dealt new blows to the Philippine economy, struggling to recover from the severe impact of the Gulf war. The erupting volcano blanketed crops and towns across
      Reuter  -  430 words
  • Page 7 Advertisements
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      161 8 SIEMENS Training—to upgrade your skills in industrial automation Applying the right type of advanced automation equipment to industrial manufacturing processes will result many production yields, consistently high down-time r T «H 1 through immediate an improvement W 1 productivity, efficiency and As one of the world s leading Pk x
      161 words
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      Page 8 Advertisements Column 2
      30 8 HENDERSON INDUSTRIAL PARK 1 terrace factory a IHHM MM M yi is <5 in I (onlp 2, I nits &ieft J HONG FOK REALTY PTE. LTD. Fax: *****37 Tel: *****55
      30 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Bush defends MFN extension for Beijing
      479 9 Move linked to Chinese reforms and US jobs Agencies FOUNTAIN VALLEY, California US President George Bush has defended his decision to grant favourable trade benefits to China, telling a crowd of AsianAmericans last Sunday that isolating Beijing would only damage chances for reform there.
      Agencies  -  479 words
    • Article
      Lock icon Copyright talks: US hints at action against Chinese exports
      373 9 Reuter BEIJING A senior US trade negotiator painted a grim picture on Saturday on progress in talks with China over the thorny issues of copyright and piracy of intellectual property, and raised the possibility of punitive action against Chinese exports. The
      Reuter  -  373 words
    • Article
      Lock icon Fresh data likely to heat up debate on British recovery
      316 9 Reuter LONDON The political debate over when Britain's economic recovery will start is expected to heat up as fresh economic data show a drop in manufacturing output and sluggish retail sales. "We expect the data will show the economy still
      Reuter  -  316 words
    • Article, Illustration
      Lock icon US visit offers bigger stage for Yeltsin
      596 9 Reuter MOSCOW Newly-elected Russian President Boris Yeltsin's trip to the US. beginning today, marks a radical jump from his familiar world of rough-and-tumble domestic politics into the realm of world affairs. But the plain-spoken former Moscow Communist Party leader, his reputation abroad enhanced
      Reuter  -  596 words
    • Article, Illustration
      Lock icon Iran plans oil tie-ups with Gulf countries
      518 9 AFP DUBAI Iran, banking on political rapprochement with its Gulf neighbours, is seeking to boost oil ties with them through joint ventures, sav Iranian oil sources in the Gulf. They said yesterday that two Iranian government oil delegations visited three Gulf Cooperation Council
      AFP  -  518 words
    • WORLD WATCH
      • Article
        Labour Party stretching lead in opinion polls
        93 9 LONDON Britain's opposition Labour Party has opened up a 10-point lead over Prime Minister John Major's Conservatives, according to an opinion poll published last Sunday. The survey in The Observer showed Labour had 45 per cent support against 42 per cent a month
        93 words
      • Article
        Environmental spending rises
        73 9 COLOGNE Western German industry spent a record 21.2 billion Deutschemarks (5521.1 billion) on environmental protection last year. The Instituts der deiitsche Wirtschaft reported last Sunday that nearly 13 billion marks were spent on maintenance and operation of environmental protection equipment while nearly eight billion marks were spent
        73 words
      • Article
        LDP wins polls amid low turnout
        70 9 TOKYO Fewer than 18 per cent of voters turned out for a parliamentary- by-election near Tokyo last Sunday, the lowest participation yet in a national-level elections in Japan. The ruling Liberal Democratic Party retained the seat in Saitama Prefecture where the turnout was 17.8
        70 words
      • Article
        Seoul preparing for unification
        94 9 SEOUL South Korean President Roh Tae-woo. predicting that the Korean peninsula will be unified before the decade is over, yesterday instructed government agencies to look at anil learn from Germany. National Unification Minister Choi Ho-joong said diplomatic emphasis would be put on interKorean dialogue and balancing
        94 words
      • Article
        Chinese rural firms' output up
        103 9 BEIJING The value of industrial output of Chinese rural enterprises shot up 27 per cent in the first five months of the year compared with the same period last year. The Englishlanguage China Daily reported last Sunday: "The strong growth of rural enterprises is particularly
        103 words
      • Article
        Minister against rice imports
        140 9 TOKYO Japan's Agriculture, Forestry, and Fisheries Minister still opposes the opening of the country's rice market to foreign imports. Speaking to reporters yesterday after returning from a visit to Europe and the Soviet Union, Motoji Kondo said: "We don't have to make concessions on the rice
        140 words
      • Article
        New Polish voting Bill passed
        82 9 WARSAW Poland's Lower House of Parliament has approved a Bill providing for a proportional system for the first free elections to the Parliament. The Senate must pass the Bill and President Lech Walesa must sign it for it to become law. The Bill, approved last
        82 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      135 9 Bringing 12 Hot locals m back ff m l|// to the /if I "L (70's prices) I W A! the While Rose Cafe. York Hold, 12 g of your local favourites take a trip back to the good old '70's and its good old prices! mt i x>/ Now for
      135 words
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      Page 9 Advertisements Column 2
      82 9 Book of the Month No wonder this Notebook is a best seller. High Performance 80C286 Processor (12/7.16/6 MHz) 20 MB Hard Disk Drive, 3.5" 1.44 MB FDD. Backlit Triple Supertwist LCD with VGA Emulation. Letter Size 279 x 216 x 46 mm (11" x 8.5" x 1.8"). Weighs approx. 2.9
      82 words
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  • Article
    To save India's economy...
    481 10 EDITORIAL AFTER eighteen months of fun and games and blood and gore, the Indian electorate deserves some serious business from its politicians. Arguments to carry on the status quo are many: no political party is likely to emerge with a strong majority; the country will have
    481 words
  • WHAT THE OTHERS SAY
    • Article
      Goodwill needed
      234 10 WEARY OF repeated US attacks on their economic and social practices, some outspoken Japanese have responded with the threat that their country could change the entire geopolitical structure by adopting policies detrimental to US interests, such as selling microchips to the Soviet Union. Now, two American writers, George
      234 words
    • Article
      Racial balance
      119 10 POPULATION is an important issue confronting Singapore. One of the important questions faced now is how to encourage Singaporeans to reproduce to meet our future needs. It was suggested recently that Singapore cannot just rely on immigration to boost its population. Instead, the focus should be on encouraging
      119 words
    • Article
      Educational opportunities
      116 10 BASICALLY, nobody objects to the National University of Singapore and Nanyang Technological University enrolling foreign students. However, the government must convince Singaporeans that educational opportunities of local students are guaranteed. First, there must be enough places in the universities for them and second, tuition fee increases must be
      116 words
  • REGIONAL VIEWPOINTS
    • Article
      Support for Yeltsin crucial
      174 10 BORIS YELTSIN'S victory in the Soviet Russian Republic presidential elections is significant in that he has won what Soviet president Mikhail Gorbachev has never faced a direct election. The victory of Yeltsin indeed constitutes one of the most important upheavals in the communist world since 1985,
      174 words
    • Article
      The Russian tragedy
      175 10 MR VELTSIN won impressively aeross the republic's nine time /ones. from Murmansk to the Baring Strait, but there can be no guarantee that he will be the saviour the people seek. As the first popularlvelected president, rather than as chairman of the Russian parliament, he can rule
      175 words
    • Article
      Helping street children
      146 10 AT EVERY major intersection in Bangkok there is a sign warning people not to buy or sell things on the street. Vet children and teenagers are regularly selling newspapers and jasmine garlands at many city intersections, seemingly without any intervention by the police. Since the crackdown is
      146 words
  • Article, Illustration
    Lock icon Revamping the kanban system
    801 10  -  Changing social circumstances, including labour shortages and traffic problems, have forced Japanese car makers to take another look at their widely copied 'just-in-time' inventory system, reports Yoji Ishikawa Yoji Ishikawa Asahi News Service THE world-renowned efficient production system of Japanese carmakers, the kanban system, has recently
    Asahi News Service  -  801 words
  • Page 10 Advertisements
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      306 10 I What have Got In Fs|gCommon With Vmdhß Buro9l An interest in advanced technology one in intelligent ottices and the other in intelligent buildings. For the corporate executive whose concern is in upgrading white-collar productivity and maintaining competitiveness AP Buro9i is an intelligent oftice showcase of office automation and telecommunication
      306 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      61 10 DOONESBURY BY GARRY TRUDEAU Hi ihtrt' kxj KfJOu), as a I'l MIL. rue ah<mf* is "tors'" mopnino BAFrIIP. '<, WMAt' '5A FASCJNATINO PIACt THMONPOOJN TO TW .1 6UIUY! OOPS! TOO IOH A LOT Cf rrcf Ji V ft, At IP tKJT -X/JT FTJP WUJ MmiM OF JUSTICS LOUffZ HAN6 THtM'
      61 words
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  • ANALYSIS
    • Article
      Lock icon Signs of better times for battered Brazilian economy
      1073 11  -  Brazil has never seem more attractive to investors as now, with its slight pickup in economic activity and a slowdown in inflation. Judith Rehak reports Judith Rehak IHT Battle-scarred veterans of investing in Brazil can hardly he hlamed if they feel a
      IHT  -  1,073 words
    • Article, Illustration
      Eyeing nearby markets
      1331 11  -  In the fourth of a series of BT features on Thailand,' Michelle Rowe looks at the new thrust Thai economic policies are taking as the country becomes more developed Michelle Rowe Hie writer is a striker lor HI THE fledging Thai economy, one of the fastest-developing over
      1,331 words
    • Article
      A board of controversy
      442 11 JUST four months ago, Thailand's Board of Investment had its neck on the chopping block. The 30-year-old investment promotion agency came under fire from then Prime Minister Chatichai Choohavan for allegedly causing unfair competition in the private sector by favouring large manufacturing groups. Mr Chatichai claimed
      442 words
  • Page 11 Advertisements
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      89 11 r RIVER PALACE Ml llf SICHUAN RESTAURANT S TME A DIP! l 'jt Like the informal dining style of shabu-shabu, |R[ fondue and steamboat? llf You'll love spicy Yam Pot, Chef Chua's original dipping sauce. Served with your choice of seafood or sirloin beef. Side orders include seafood, chicken, pork
      89 words
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      985 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AMD ENTERTAIN WHEBE 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
      985 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      654 12 TELEVISION AND RADIO MMMmwMMiiMwtftrinft -1 r irT-frrMiirtiiiMWMi ivnaTirtnrriff r-^inttir'Tr--^-rirr v ---—--■-r-r'r r .r- rfi n ■■*".<■ ■<*<*-••*• wmtmiMmm-« inmniii HMmMdMPmwmmwmw*mwmmm>mnmMmmmMmmMß«MMwmmommwmo»mßMmg-.*m«o»m*fc«'oniii m>iwwl maiww mwm l n i.ammmn :v-'mpi l w*iiiMmis -.**?>■**■- Unorf mwr. IS SST-'iirW (C- 1:11 SSLSm,. business ON RADIO 1 LvCtTL LU dxl< 7.00 AMC**lntarnatiaaal<L). 6.00 Petret Kakiarga(M). o!«
      654 words
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  • LIFESTYLE
    • Article, Illustration
      A very Joycean kind of day
      715 13  -  Jessica Baldwin reports on the Bloomsday celebrations in Dublin Jessica Baldwin STRAW hats sailed in the wind and paperback copies of Ulysses sopped up the rain on Sunday as devotees of James Joyce joined a Bloomsday pilgrimage through the sights and smells and tastes
      715 words
    • Article
      Lock icon Movie replica of Bligh's ship on the auction block
      562 13 AP ON DECK, the ship is a dead ringer for the notorious Bounty. Below decks, one finds comfort that would mollify even the most mutinous crewman. The replica made for the 1984 movie The Bounty combines romantic thrills with modern convenience
      AP  -  562 words
    • Article, Illustration
      Pavarotti raises money for Aids research
      395 13 mmatßoma* OPERA star Luciano Pavarotti says he is painfully aware that more money is needed for Aids research. One of his best friends died of the disease. The famed tenor dedicated a benefit concert yesterday to John Harper, who died in 1989. The concert
      395 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      243 13 AND ENTERTAIN There's No Beefing About It. From 1 June to 30 June 1991 AV$ 1 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 cfcesar salad.
      243 words
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      Page 13 Advertisements Column 2
      155 13 i For Those Who Have Arrived. Royal Forge. Handsomely-forged gates and fencing, railings and baluster that represent French craftsmanship at its very best. Luxurious masterpieces that are exclusively designed for extraordinary homes. Royal Forge it unabashedly identifies the discerning few from the rest. (iPloyat (^ovye Excellence since 1948 Trade A
      155 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      A brilliant star in an expanding nebula
      748 14  -  MICROCOMPUTERS IN ASIA-PACIFIC SOUTHEAST ASIA In the third of a four-part series, Claire Leow presents an overview of the South-east Asian IT industry and Singapore's performance Claire Leow GovernMENT initiatives in driving the IT industries of Southeast Asia vary greatly from country to
      748 words
    • Article, Illustration
      TECH TAKES
      319 14 SINGAPORE-BASED CNT, the distributor for US manufacturer Everex microcomputer systems and peripherals for Brunei, Indonesia, Malaysia, the Philippines and Singapore, is extending the Everex Far East line of personal computers. Two new models the Far East 286 Slimline and the Far East 386SX Slimline, are now available together
      319 words
    • Article
      Lock icon Motorola and Ford join forces to develop new class of chips
      159 14 Reuter Motorola has said it and Ford Motor Co will form a technology partnership to develop a new class of microelectronic chips to control car engines and transmissions. Motorola said in Austin last week that its semiconductor products sector
      Reuter  -  159 words
    • Article
      Open Systems now a free-for-all
      564 14  -  IT MATTERS Kenneth James says the IBM-Apple 'romance' could mean a long pregnancy Kenneth James FUNNY how three letters continue to shake the world's information technology industry. Last week IBM set tongues wagging and keyboards clattering yet again. The speculation this time was of an
      564 words
    • Article
      Lock icon Microchip trafficking thrives in US
      323 14 AFP AN ILLICIT traffic in stolen microchips is costing US computer companies hundreds of millions of dollars, often with the complicity of some of their own employees, police say. "The amount of traffic has got to rival the narcotics trade," said detective Marcus Frank of
      AFP  -  323 words
    • Article
      Lock icon Genetic engineers create insect-resistant cotton
      391 14 Reuter High-yielding cotton plants that produce their own insect repellent have been developed by Australian researchers, who say the strains are so effective they mayi need little if any insecticide. Using genes from bacteria commonly found in soil, scientists at Australia's Commonwealth Scientific and Industrial
      Reuter  -  391 words
  • Page 14 Advertisements
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      59 14 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 USTEN TO WINDHAM HILL COMPACT DISC
      59 words
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      Page 14 Advertisements Column 2
      60 14 I A Asian Business Consultants Pte Ltd Training and Development is very important. A Needs Analysis, however, is even more important. Do you need a practical and tailor-made programme to meet the needs and expectations of the organisation and the participants? Call Wytze van der Land at 227 0502 Asian
      60 words
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  • CORPORATE FOCUS
    • Article, Illustration
      A sleeping giant stirs again
      1239 15  -  Malayan United Industries, one of the high-fliers in the 1980s, seems to have quietened down somewhat. Observers say it seems to have lost its zest and given up its daring buying ways. Tan Chew May reports Tan Chew May Malayan United Indus t r i
      1,239 words
    • Article, Illustration
      Lock icon A mysterious mastermind
      658 15 Malaysian Business TAN SRI Khoo Kay Peng, the chairman and group chief executive of Malayan United Industries, is one person who has evoked conflicting comments about himself. Some observers say that Khoo, who was given the Entrepreneur of the Year award six years ago. has lost his
      Malaysian Business  -  658 words
    • Article
      Lock icon The rise of an enamelware maker
      364 15 Malaysian Business Malayan united Industries Berhad (MUI) had its humble beginnings 23 years ago as a household enamelware manufacturer under the name of Malayan United Industrial Company Limited. The company later expanded its activities to cover paper carton manufacturing by taking up a 99.4
      Malaysian Business  -  364 words
  • Page 15 Advertisements
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      164 15 THE ASIA PACIFIC |gggi CONFERENCE AND EXHIBITION DATA INTERCHANGE KE A DA WITH EDICO IfiS® 127-23 JUM I EDKOMftlurnsaheriKsuccessfulMrtloslytar. ConferenaspeubrsforAii Hmghng tak, #M, IfMS «dT«*te«, wi feature *eir latest range of EDI I rndKhadflntas. I I J If you wish H> I toy ahead JnHwl »90«, don't m en»!| (tnkruct
      164 words
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  • SPORTS
    • SIDE LINES
      • Article
        Navratilova regains Edgbaston crown
        109 16 BIRMINGHAM Martina Navratilova defeated Natalia Zvereva 6-4, 7-6 (8-6) to win the US$l5O,OOO Edgbaston women's grass-court tournament on Sunday, regaining the title she captured in 1989. The victory was the top-seeded Navratilova's 155 th tournament title, two short of Chris Evert's all-time WTA record, and worth
        109 words
      • Article
        Fittipaldi takes Detroit
        110 16 DETROIT Emerson Fittipaldi came away with his first victory of the season on Sunday in the Detroit Grand Prix. The Brazilian, who also won here in 1989 on the way to the CART Indy-car driving championship, held off a determined effort by series point leader Bobby Rahal
        110 words
      • Article
        Rainey roars to victory
        69 16 MADRID Defending 500 cc world champion Wayne Rainey of the US raced his Yamaha to his third victory of the season on Sunday in the motorcycling Grand Prix of Europe at the Jarama circuit. Rainey completed the 32 laps around the 3,850-metre circuit in in 51
        69 words
      • Article
        Bubka exercises caution
        98 16 DIJON, France Sergey Bubka refuses to take the slightest risk in his bid to make a million dollars with his world record-breaking feats this year. "I felt a pain in the left calf during the warm-up and I did not want to take any risks," he said
        98 words
      • Article
        Time for celebration
        105 16 MUNICH About 120,000 fans celebrated Kaiserlautern's first German soccer league title in 38 years on Sunday while runner-up and 1990 Bundesliga champion Bayern Munich began its restructuring by adding two Brazilians to its roster. Kaiserslautern's fans filled the city's downtown area to give the home team a
        105 words
    • Article, Illustration
      Lock icon Stewart, Simpson face playoff
      450 16 US Open Reuter CHASKA, Minnesota "Another year, another playoff," Scott Simpson mused after he and Payne Stewart settled for a draw in the final round of the US Open golf championships on Sunday. For the third time in four years the US Open championship was to
      Reuter  -  450 words
    • Article
      Lock icon Patrese, Mansell make it one-two in Mexican GP
      364 16 AP MEXICO CITY Ricardo Patrese outduelled Williams Renault team-mate Nigel Mansell on Sunday to win the Mexican Grand Prix. Patrese, who started from the pole, battled throughout with Mansell, who started alongside the Italian in the front row. Patrese took the lead
      AP  -  364 words
    • Article, Illustration
      Lock icon Edberg has easy win at Queen's Club
      356 16 AP LONDON Stefan Edberg tuned up for his defence of the Wimbledon title by winning the US$5OO,OOO Queens Club grass court tournament for the first time, beating American David Wheaton 6-2, 6-3 in Sunday's final. He underlined his ranking as world No 1
      AP  -  356 words
    • Article
      Lock icon McEnroe completes US victory over Spain
      687 16 UPI NEWPORT, Rhode Island John McEnroe, showing flashes of his old touch and temper, downed Emilio Sanchez 6-4, 3-6, 6-3 as defending champion United States completed a 4-1 Davis Cup quarter-final victory over Spain on Sunday. American Rick Leach, a doubles specialist, was drafted
      UPI  -  687 words
  • Page 16 Advertisements
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      321 16 THE WINNING CHOICE IS HERE AGAIN TOP PRINTER FOR TOP PRIZES IN A PRINT WIN DRAW NISSAN SUNNY W I MANUAL fOZ£M] (Base price without C.O.E.J 5-7 th prize SONY KV-2IS3GNT 21" NICAM STEREO COLOUR TELEVISION SONY MDP-K3 KARAOKE jW 1 j\ A-lltH PRIZE LASER DISC j between now and
      321 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ignores Dow's 35-point rally
      4882 17  -  By Magdalene Ng WALL STREET'S 35-point rally on Friday failed to ignite strong trading interest on the local bourse yesterday where share prices traded within narrow bands for most of the day. The Straits Times Industrials Index, however, managed a 6.58-point gain to 1,534.08. Traders
      4,882 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4202 18 Main Board SPH Foreign 1330 +20 +1.5% B Sembawang 615 +20 +3.4% FAN 895 +15 +1.7% SIA Foreign 1940 +10 +0.5% S1A 1360 +10 +0.7% UOB Foreign 735 +10 +1.4% Semb Shipyard 715 +10 +1.4% C&C 585 +10 +1.7% Prima 570 H0 +1.8% Tibs 50*
    4,202 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market gets push from new economic plan
      4368 19 Bernama MARKET OPTIMISM over the second Outline Perspective Plan tabled in Parliament yesterday sent share prices on the Kuala Lumpur Stock Exchange to a higher close in moderately active trading. The KI.SE Composite Index rose 5.18 points to 632.31 and the Industrial Index
      Bernama  -  4,368 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      541 20 Company Date Year Group Net Nat earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Innovest Bhd Jun 13 Dec 90 M$9 9S0L (Si7.46bL) Town City tun 13 Dec 90 S174l($315l) Causeway Inv Jun 12 Dec 90 $1 808($1.864) 5 8(6 3) Inter Roller Jun 12
      541 words
    • Article
      PRELIMINARY RESULTS
      205 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) B Sembawang Jun 14 War 91 $6,742(520.808) 17 7(56 1) 35h(20) M Credit Jun 14 Mar 91 $18,582($8.908) 4 4(1 9) 5(25) Metro HWgs Jun 13 Mar 91 $21,521 ($23,425) 14
      205 words
    • Article
      INTERIM RESULTS
      177 20 Company Date Half-year Group pre-tax Interim ana to profit/loss (L) dividend (000) Awrro Kin 14 Mar 91 $1,541 ($1571) 5TE(7 5TE) Samanda Hldgs Jun 14 Mar 91 MS5.558(J4.997) Pacific Can Jun 3 Mar 91 $30($68L) Van der Worst Jun 3 Mar 91 $1,517(11.836) KL Kepong May 31 Mar
      177 words
    • Article
      CORPORATE DEVELOPMENTS
      354 20 June 14 Cerebos Pacific has acquired a fruit juice company in New Zealand for NZS2 8m (Ss2.Bm). Malayan United Industries is undertaking a reconstruction exercise which will see it sell Mill Plaza to subsidiary Malayan United Manufacturing Bhd. and reduce its stake in the latter The New Straits
      354 words
    • Article
      DIVIDENDS ANNOUNCED
      1026 20 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 51TE Jun 5 Jun 17 Jul 1 101TE Amcoi 25c 10% Jul 5 Jul 17 Jul 31 10% 10% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8c Avmo
      1,026 words
    • Article
      RESULTS DUE
      837 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net amouiced endnt (cents) dtv profit last year ($*000) Cerebos Interim Apr 27 Jul 91 126 20 OTE(a) 38.911 Spore Land Interim May 4 Dec 91 126 100 14 641(g) Asia Pacific Interim tun 22 Sep
      837 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1039 20 I Prices as at 17.06.91 > Conversion terms Premium/ Expiry ——-i 1 -F (discount) I i Amount Optional** using issued Company (mil Wrts Share Loan Con* Exer Lnstk Cash Cash Loan Gearing Date Mths units) stock ratio price nom Stk, Left value >1%!$%,%, Burvwill 115 2
      1,039 words
    • Article
      APPROVED ISSUES
      427 20 Company Rights Issue Alcorn One-for two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$010 each at MSI per share with 10m detachable TSR on the base of 1 CRPS with 1 TSR for every 4 CRPS Ei-date Jun 7 Books close Mm
      427 words
    • Article
      PROPOSED ISSUES
      510 20 Company Rights Issue Bolton One for four MS? 00 per share Issue of $90 9 78m nominal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991 with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three ensting shares held Every $2 nominal
      510 words
    • Article
      BONDS, LOANS & WARRANTS
      887 20 BONDS, LOANS WARRANTS Company Cowwcnkxi poriod Conversion torn for om ordinary thin Bind Wt Before 30/6/94 1 warrant plus HK$100 cash CAC Wt Before 26/4/93 1 warrant phis (3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus 50 77
      887 words
    • Article
      COMPANY MEETINGS
      144 20 Resources Development Corpn Ltd: 15th AGM at 4th Storey. 10 Jalan Gali Batu. Singapore 2367 on Tuesday, Jun 18. at 9.30 am. Golden Plus Hldgs Bhd: 7th AGM at 15th Floor. MCB Plaza. 6 Cangkat Raia Chilian. ***** Kuala Lumpur on Tuesday. Jun 18. at 10am. The North
      144 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon New York's advance fails to inspire market
      2206 21 Reuter TOKYO STOCKS finished lower on profit-tak-ing yesterday following rallies last Thursday and Friday related to futures expiry and not based on fundamentals, brokers said. They said there were no factors in yesterday's market. Volume was back to the same level as before
      Reuter  -  2,206 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    1758 21 The Hongkong stock market was closed yesterday for a public holiday. Below are last Friday's closing prices. Vol HK$ High Low (TOO) June 14 Allied Ppt W93 0.55 unch Allied Ppt 1.14 unch 1.14 1.14 937 Allied T.W 0.82 +.010 0.81 0.81 3 Allied Tw W92
    1,758 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      44 21 A MONTHLY magazine of business trends Sembawang tomorrow's superstar MNC? Charcoal sweat-ships jSBB Batarn's big believer n search of a green life wHr The tempting food business Investment spotlight on Jardine Matheson ■Kr and United Industrial Corporation ■Sr jjffiA Scotts group's growing pains $4
      44 words
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  • REGIONAL STOCK MARKETS
    • Eruptions take toll on Manila bourse
      • Article
        INDICES & TURNOVER
        83 22 INDICES TURNOVER Close Previous June 18 SYDNEY All Ordinaries Index 1,523.3 1,509.0 16.5 All Industrials Index 2,348.5 2.325.8 24.6 All Resources Index 891.9 884.8 10.9 Turnover (million) 122.29 7662 45 67 BANGKOK SET Index 803 81 812.68 -8.87 Turnover (million baht) 2,250 2,720 -470 JAKARTA Composite Index unav 379.76 MANILA
        83 words
      • Article
        AUSTRALIA
        773 22 THE Australian share market was pushed sharply higher by strong support from offshore and local investors yesterday. Ord Minnett broker Eric Gale said the Friday night surge on Wall Street had buoyed yesterday's market. "It's been a good performance and a bit of a surprise," he said. Other brokers
        773 words
      • Article
        MANILA
        552 22 SHARES in the Philippines fell from the start to finish in nervous trade following a weekend that saw rains of ash fall on Manila, carried by the wind from the erupting Mount Pinatubo volcano to the north, brokers said. The Manila Stock Exchange composite index slid 4.0 per cent,
        552 words
      • Article
        BANGKOK
        865 22 INVESTORS in Thailand were reluctant to trade as they awaited the result of yesterday's negotiations between the government and the Charoen Pokphand Group on a major telephone project, brokers said. The SET index ended 8.87 points lower at 803.81 on moderate turnover of 2.25 billion baht. Siam Cement lost
        865 words
      • Article
        Untitled
        1073 22 Jakarta Rupiah VoKXJO) June 17 Abda 2100 Ahap Insurance 4300 Alumindo PerWasa U 4100 Aqua Golden Missisip 9800 Argo Pantes 7350 100 490 Aster Jawa 1750 200 35 Astra Graphia ***** 300 25 Astra Intl Inc ***** unch 1570 Asuransi Bintang 7950 Asuransi Dayin Mitra 7000 Asuransi Jiwa Panin *****
        1,073 words
      • Article
        SEOUL
        844 22 SEOUL stocks fell across the board again on investor scepticism over the effectiveness of stock market boosting measures announced last week allied with tight won liquidity, brokers said. The composite index shed 4.8 points to 608.77 in lethargic trade. About 5.1 million shares changed hands against 4.2 million in
        844 words
      • Article
        NEW ZEALAND
        104 22 THE New Zealand share market gained further ground by the close to build on last Friday's modest rise, but investors remained wary due to a string of share issues and placements. Buttle Wilson operator Peter Halligan attributed the latest rise to an absence of selling rather than an
        104 words
      • Article
        BOMBAY
        82 22 SHARE prices rallied on expectations that India's Congress party would form the next government despite falling short of a majority in the recent elections, brokers said. "The Congress' strong showing was a good sign for the market," said broker Sunil Kothari, who added that the market had already discounted
        82 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        366 22 In local carreacy la S$ la LSS day year day year day year Jaae 14 Index chaage change change change change change World ...412.5 0.8 15.2 0.9 11.7 0.9 8.6 *EAFE 539.2 05 14.7 I.I 7.5 1.1 4.5 Europe 437.9 0.2 20.2 0.5 4.3 0.5
        366 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Sang Kancil reaps good profit from dollar position
      784 23  -  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 marks, yen. sterling. Swiss francs. Nikkei jiitures and Euroven futures. SANG
      Source: TeleTrac  -  784 words
    • Article
      Lock icon Greenback moves up in cautious trading
      523 23 REPORTS Reuter THE American dollar ended mostly firmer in cautious trading yesterday with dealers expecting it to consolidate in the near-term. "Europe came in to buy some dollar/mark late in the day but otherwise there was just some cross play," one dealer with a
      Reuter  -  523 words
    • Article
      FINANCIAL FUTURES
      1212 23 u EX E 2 tea TM ■■■1 ■■1 ■1 Open High Low Sett Est Vol Op/Int Vol Jun 9 93.81 93.81 93.80 93.81 510 ***** 1500 Sep 9 93.48 93.49 93.46 93.47 5838 ***** ***** Dec 9 1 92.91 92.93 92.89 92.89 4500 ***** 5003 Mar 92 92.77
      1,212 words
    • Article
      INTERBANK FOREX RATES
      401 23 Cross rates June 17 I USS SS MS Dm Yen SFr AS NZS USS 1 7875 2.7885 1.7940 140 90 0.6124 1.5380 1.3219 1.7422 SS 0.5594 1.5600 1.0036 ***** 0 3426 0.8604 0.7395 0.9746 MS 0.3586 64.10 0.6434 0.5053 0.2196 0.5516 0.4740 0.6248 Dm 0.5574 0.9964 1.5543
      401 words
    • Article
      MONEY MARKET
      537 23 Interbank rates SS Hid Offer Overnight 5 3/16 5 5/16 1-month 5 3/8 5 1/2 2-month 5 1/2 5 5/8 3-month 5 5/8 5 3/4 Overnight mode: 5-1/8 L'SS Bid Offer 7 days 5 7/8 6 1 month 6 6 1/8 2 months 6 1/16 6 3/16 3
      537 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article, Illustration
      Lock icon Indon palm oil traders prepare for Europe 1992
      432 24 Bernama JAKARTA Palm oil industry officials here have called on the Indonesian government to seek alternative measures to penetrate Europe in anticipation of a more protective market. At present, more than 80 per cent of Indonesia's total export of palm oil is
      Bernama  -  432 words
    • Article
      Tin price rises to seven-week high
      820 24 REPORTS THE PRICE of tin rose 20 sen on the Kuala Lumpur Tin Market yesterday to settle at MS 15.75 per kg, its highest level in seven weeks. Dealers said the Malaysian market sentiment was boosted by heavy short-cov-ering and good buying demand from
      820 words
  • Article
    PRICES
    1427 24 Rubber June 17 MS (teb la bates) S cents/kg Noon Close Inl 1 RSS Prompt 146.50/147.50N 146.75/147.75N Int 1 RSS July 91 148.00/148 50 148.25/148 75 Int 1 RSS August 150.00/150 50 150.25/150.75 Int 2 RSS OP 146.50/148.50N 146.50/148.50N Int 3 RSS OP I44.75/I46.75N 145.00/147 OON Int 4 RSS
    1,427 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      662 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 NOTICE I, James Lien Nam Wah, NRIC No: *****26/1 wish to inform all concerned that with effect from 15th May 1991, I am no longer Director/Shareholder of Fleetway International (Pte) Ltd. James Lien Nam Wah IN THE MATTER OF THE COMPANIES ACT. CAP. 50
      662 words
    • Advertisement
      Page 24 Advertisements Column 2
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1144 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA974 GA886 0005 0010 Kuala Lumpur MH60I MH640 0120 0805 MH602 SQ102 0700 0730 Adelaide SQ228 2000~ QF82~ 2200 MH630 cnim 0855 MH604 en 1 fu 0740 0830 Amsterdam GA893 KL837 SQ23
    1,144 words
  • THE TRAVEL PAGE
    • Article, Illustration
      And the train will run no more
      664 25  -  POSTCARD FROM SWEDEN By Fredrik Dahl THE whistle will blow soon for the last passenger train to the Land of the Midnight Sun. Sweden's 1,000-km Inlandshana line from the southern town of Mora to Gallivare in the Arctic Circle will stop earning passengers
      664 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.347 1.367 Canadian dollar 1.552 1.582 NZ dollar 1.015 1.045 Sterling pound 2.900 2.930 US dollar 1.7850 1.7950 liKil dollars to 100 units of foreign currency Austrian schilling 14.00
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      64 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June IH-2_ \siaslntl World Irade Reed Exhibition 2 ***** June 18-22 Asia's World Trade Reed Exhibition *****13 Exhibition Centre. Companies International Centre. Companies ot Packaging Singapore Exhibition of Singapore Machinery Printing. Graphic Materials <Sc Food Arts Equipment
      64 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      43 25 Bud, youH be a lot wiser when you learn about Finnair's New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Kuitjjx' from start U> Finnish.
      43 words
    • Advertisement
      Page 25 Advertisements Column 2
      37 25 Rock King You got to have the feel, you know what I mean, babe?" Irene Ng talks to Ramli Sarip, King of Malay rock, to find out what he means. The latest news From Monday to Saturday.
      37 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      316 25 ACROSS IT —wm —HT —K HK I p p 1 5 The agreement sounds as hh mJ though it has string attached (6) hh Vht 8 Not distant, hut the taxi takes a long way round (8) 10 ||H 9 Much later bump into Algy. after Al left (7) Hi^|
      316 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      215 25 Singapore Outlook: Showers over several areas in the pre-dawn hours and earl> morning. Report: Maximum temperature 33.5 Assoc humidity 63% Minimum temperature 23.8° Assoc humidity 88% Hours of sunshine 4.95 Rainfall in mm 2.4 Rainfall this month 93.0 Rainy days this month 6 World report Asia-Pacific Hi/lo* Cond. Auckland.. 15/10
      215 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      28 25 goes OUT 7 wouldn'T (vn f m»SS Q p J T OUT,, J \T FRRPOep. IIUIS UOKK 19 frCSOUjqEl\\ I EVENING STANOARD CO LTO. 1962-1991 < 6448 A V"dko~.
      28 words
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  • Article
    Jakarta to maintain free exchange system
    394 26 Private sector's foreign borrowings will not be regulated JAKARTA The Indonesian central bank will not regulate foreign borrowings of the private sector despite the sharp increase in offshore loans by Indonesian companies, the Jakarta Post reported yesterday. "The government will continue to maintain the
    394 words
  • Article
    Longer Batam property tenure urged
    322 26 JAKARTA The Association of Indonesian Real Estate Developers (REI) has called on the government to extend tenure on property in Batam from 20 years to 50 years, the Jakarta Post reported yesterday. The paper quoted Mohammad S Hidayat, chairman of the association, as saying that
    322 words
  • Article, Illustration
    Superpowers' supersonic venture
    47 26 PARIS The Le Bourget Air Show is offering a look at a model of an executive jet to be built by Gulfstream Aerospace of the US and the Sukoi Design Bureau of the Soviet Union. It will fly at twice the speed of sound.
    47 words
  • Article
    Lock icon Branch of Fairfax family in bid to reclaim newspaper empire
    401 26 Reuter SYDNEY A branch of the Fairfax dynasty which once controlled Australia's oldest newspaper empire has moved to reclaim the family jewels. John B Fairfax said yesterday he had joined forces with Irish newspaper tycoon Tony O'Reilly to put together
    Reuter  -  401 words
  • Article
    Lock icon Manila to seek grant from ADB
    157 26 Reuter MANILA I he Philippines plans to ask the Asian Development Hank (ADB) for a technical assistance grant in order to assess the damage wrought hy the eruption of Mount Pinatubo, Finance I n-der-secretary Romeo Bernardo said yesterday. He said results of the survey
    Reuter  -  157 words
  • Article
    Lock icon Group led by Petronas to develop racecourse into city centre
    379 26 Reuter KUALA LUMPUR A Malaysian group to be led by state oil firm Petronas has released a plan to turn Kuala Lumpur's racecourse into a multi-billion-ringgit city centre. tailored along the lines of New York's Central Park area. The project,
    Reuter  -  379 words
  • Article
    Lock icon Asian firms follow Japan's lead in investing in Britain
    379 26 Renter LONDON Companies from growing Asian economies such as South Korea. Taiwan and Hongkong are following the Japanese lead and investing in Britain with an eye on a single European market after 1992. British officials said yesterday. "Both (South) Korea and
    Renter  -  379 words
  • Article, Illustration
    S'pore a good role model for Manila
    786 26  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent A NUMBER of presidential aspirants in the Philippines have been saying things about Singapore lately. Niee things. Their comments, however, raise certain questions: is there any economic or political mileage
    786 words
  • Article
    Lock icon UK retail sales continue to fall
    106 26 AFP LONDON British retail sales fell 0.3 per eent in May. from April, and 2.9 per cent from May 1990. the Central Statistical Office announced yesterday. The May figures followed a rev ised 3.3 per cent drop in April from March. This figure was
    AFP  -  106 words
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  • Shipping Times
    • Article, Illustration
      Cho Yang expanding its service network
      455 27  -  By Dexter Lee DRAWN by the boom in the eontainer shipping business, Seoul-based Cho Yang Line is expanding its service network into two key areas Europe-Asia and Intra-Asia. From July 1, the South Korean carrier will join its Tricon consortium partner, DSR-Senator Lines, to
      455 words
    • Article, Illustration
      Owners told to upgrade skills of those at the helm of operations
      323 27  -  Asia Shipping Forum '91 By Magdalene Phang SHIP managers and ship owners were urged yesterday to upgrade the skills of workers who are at the helm of ship operations. At the opening day of the Asia Shipping Forum
      323 words
    • Article, Illustration
      Lock icon Japan to set up shipbuilding unit
      351 27 Lloyd's List TOKYO THE Japanese government is to set up a shipbuilding forecasting unit aimed at preserving stability in the international market. It fears the temptation around the world to expand shipbuilding capacity will prove irresistible and conditions will be created for another slump
      Lloyd's List  -  351 words
    • Article
      Lock icon S Korean airlines to serve six more US cities by 1994
      221 27 AFP SEOUL South Korean commercial airliners will be allowed to fly to two more US cities from April 1992 i and another four cities from July 1994 under a new aviation accord, the South Korean Foreign Ministry said on
      AFP  -  221 words
    • Article
      Lock icon Japanese ships allowed to handle freight in S Korea
      181 27 AFP SEOUL South Korea has agreed to allow some Japanese ships to handle freight on Japan-South Korea routes, it was announeed here last week. The agreement eame at a two-day bilateral meeting of officials in Tokyo which ended on Wednesday, the
      AFP  -  181 words
    • Article
      Lock icon MOL to integrate coastal services
      210 27 Lloyd's List JAPAN MITSUI OSK will step up efforts to consolidate and integrate its coastal and ferry services when it creates a new department at its offices in Osaka and Tokyo on June 27. The new department will be responsible primarily for the consolidation and
      Lloyd's List  -  210 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Finnish port strike talks adjourn with no solution
        79 28 Ml I SINKI Talks aimed at ending a two-week old strike over pay by Finnish stevedores, lorry drivers and long-distance bus drivers were adjourned without a solution, national mediator Jorma Reini said. The stoppage, which began on June 2 and involves 3,500
        79 words
      • Article
        Garuda gets more Tokyo flights
        86 28 TOKYO Japan will allow the Indonesian Hag-carrier Garuda to increase its service between Nagoya, central Japan, and Bali, from three to five flights weekly, officials said. Under an accord reached during two days of civil aviation talks that ended on Friday, Garuda will increase weekly
        86 words
      • Article
        Uganda seeks use of Tanga port
        87 28 DAR-ES-SALAAM Landlocked Uganda is negotiating with Tanzania the use of the northern port of Tanga as an outlet for its exports, which currently use the Kenyan port of Mombasa and Tanzania's main port Dar-es-Salaam. Ugandan President Yoweri Museveni and President Ali Hassan Mwinyi of
        87 words
      • Article
        Bremer wins Norwegian order
        101 28 BREMEN Shipbuilding group Bremer Vulkan AG said it had won a 700 million mark order to build an oil-pro-ducing ship for Golar-Nor Offshore, a unit of Norway's Det Nordenfjeldske Dampskibsselkab AS (NFDS). A joint statement from Bremer Vulkan and NFDS said the ship, Petrojarl 11, was
        101 words
      • Article
        Beating the laws at sea
        80 28 CAPE TOWN Gamblers living in Cape Town are beating South Africa's strict ban on games of chance by heading out to sea each night aboard a floating casino, domestic news agency SAPA said. It said the ship, the Lowland Lancer, puts to sea at sunset
        80 words
    • Article
      DAILY FREIGHTS
      656 28 GRAIN bookings and time-charter deals dominated a quiet but steady freight market on Friday which had been spurred recently by US's decision to grant US$l.5 billion of farm credits to the USSR. The Baltic Freight Index rose three points to 1,704 and grain and time-charter routes rose with
      656 words
    • Article, Illustration
      Shape up or lose out
      1113 28 The French ports are competing against one another for annual ranking. But the real competitors come from the neighbouring ports. Fairplay looks at the situation THERE are six ports autonomes in France, one on the south coast, two in the west and three in the
      1,113 words
    • Article
      TRANSPORT DIARY
      994 28 June 17-18: Seminar on Marine Cargo Insurance and Shipping Frauds, organised by Facs World Private Limited, Carlton Hotel. June 27-28: Seminar on Shipping and Export. organised by Faes World Private Limited. Amara Hotel. Jul> 1-3: World Insuranee Congress: Kestrueturing tor Opportunity, organised by Lloyd's of London Press Conference
      994 words
    • Article
      THE SHIPPING GUIDE
      9792 36 I his is a list of ships loading al Singapore tor 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 ot" Singapore. Advaneed dates are published for a
      9,792 words
    • Article
      SHIPPING AGENTS
      3343 41 ontainerline N"V: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte l td (SVAccord Contr Line (PK/PN). Adkris Business Curporation Philippine: Calsource Shpg Frdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,343 words
    • Article
      COURIER SERVICES
      249 41 Abacus C ouriers Tel: 545-8011. Fa*: *****98 Air Express Travel Td 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50 Cluster link Supplies Services
      249 words
    • Article
      AIR FORWARDERS
      1528 41 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore j Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50.
      1,528 words
    • Article
      PORT CONDITIONS
      1221 42 ARGENTINA Buenos Aires: l abour: Stevedores continue to arrive halt an hour late for work and to leave half an hour early. There are also stoppages of one full hour during each shift, reducing the effective working time per six hour shift to four hours. Port busy; all
      1,221 words
    • Article
      AIR FREIGHT SCHEDULE
      466 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT 1 SIA SQ802 B747F 0230 2 SYD/AKL KAL KF697 B747F 0150 I SEL FDX FM22 DC10F 0335 I TPE/NRT/ANC JAI. JI6I7 B747F 0345 I NRT
      466 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      670 42 SHIP SALES TANKER RATES Reuter, AFP VESSELS SOLO FOR FURTHER TRADING Bulk carriers Miyagi Mane 64,714 dwt and built 1982, sold to South Koreans for a price of around US$l6.7 million. Montana: 34,186 dwt and built 1973, sold to US-based interests for about USSS.2 million. The Saint Ijiurent: 28,094 dwt
      Reuter,; AFP  -  670 words
    • Article
      CRUISE & FERRY SCHEDULES
      299 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IK'p Name of Vessel ETA Kl I) Ports of Calls Port Agent JUNE 18 18 Andaman Princess (WOO 1400 Sin-Kuantan-Sin Lines Int Holding 20 20 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 20 20 Andaman Princess 1100 1600 Cruise-To-Nowhere Lines Int Holding 21 21
      299 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        544 43 Vessel Voy No Berth Arrival Departue "esse! *o» No Berth Annul Depart™ Keppd Wharves Santd Amelia 14 alongside 1806/2359 fairstar 67 (P) K30 alongside 17 06/1300 Shi Bao 03/91 14/5 alongside 18 06/2359 Huta Eagle 11,91 K31 alongside 1706/1900 alongside 1806/0600 Kota Pusaka 903 K32 alongside 24
        544 words
      • Article
        CONTAINER SCHEDULE
        919 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Sty Voy No Etb/Btr Period From To From All, Glory ***** 19/0900 2 17/1700 18 0659 18/0900 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Annapurna 01N 19/1900 2 17/1700 18/0659 18/0900 4 18/1200 18/1459 18/1700 Anson
        919 words
      • Article
        IN MALAYSIAN PORTS
        174 43 Kuantan Port ON the way: berth 1: ml; 2: ml: 3: ml; 4 ml. Pafcn oi berth outer; ml Palm oi berth inner; ml Mineral oi berth; ml. Service jetty; ml Anchorage: Spring Horse. Bow Fighter Oue on Jine 17: Bangkok Noi Due on line 18: Layar
        174 words
    • Article
      BPT to close shipbreaking yard
      364 44  -  From Shirish Nadkarni in BOMBAY INDIA'S recently acquired status as a leading shipbreaking nation may not remain with the country for long. On the cards is the closure of a major yard. The Bombay Port Trust (BPT) is dismantling its shipbreaking yard in an effort
      364 words
    • Article, Illustration
      Lock icon Uniglory upgrades Middle East service
      381 44 Lloyd's List THE prospect of higher cargo volume in the aftermath of the Gulf War has persuaded Taiwanese carrier Uniglory to upgrade the Japan-Far East-Middle service further to a weekly basis from the middle of July. Uniglory, a subsidiary of round-the-world carrier Evergreen, has steadily
      Lloyd's List  -  381 words
    • Article
      Lock icon Boeing may test jet thrust on 767 jet
      204 44 AFP SEATTLE The Boeing Co is considering testing the effect of reversing the engine thrust of a Boeing 767 jet at full throttle a possible factor in last month's crash of a Lauda Air Boeing in Thailand. "We're looking at that concept,
      AFP  -  204 words
    • Article
      Lock icon Vietnamese shipbuilders launch vessel of 3,850 tons
      214 44 AP BANGKOK Vietnam's expanding shipbuilding industry has launched a 3,850ton freighter, the largest vessel it has ever designed and built, the official Vietnam News Agency said. It said the ship, named Vietranscimex. was launched on May 17 at the Bach Dang Shipyard in
      AP  -  214 words
    • Article
      Lock icon C E Heath pays US$80m on Lauda air crash
      263 44 Lloyd's List LONDON The reinsurance elements of the US$BO million (S$ 142.4 million) hull claim for the Lauda Air Boeing 767 which crashed in Thailand on May 26 with the loss of 223 lives are being settled within two weeks of
      Lloyd's List  -  263 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      162 27 BSWtf HBIK KTM. CO PIE LTD u ruA3 avc u. siNQAPone nu telex rs we/a smmcpi TEL: Mt 9659 (SmMt TUIfMUI »M yd\ Hhv FiMtmfOl tHUACtMH* rr»*r. grog Atfli fty illlßl Bwtk tarM* ■Bl BnUMKNm CoMMrtar -omialpo nNumMi n ten Hy*o^Bc J 2 u.i.un X ConMiw Hmtfiri and SMIi c«mNmH|
      162 words
    • Advertisement
      Page 27 Advertisements Column 2
      51 27 Air Forwarder* 15 Air Freight Schedule 16 Container Schedule 11 Courier Services 15 Cruise Ferry Schedules 16 Daily 2 Index to Advertiser* 3 Port Conditions 16 Slipping Agents 15 Shipping Guide 10 H SlMpsales/Tanker Rates 16 Ships in Port 1' Singapore Tdes 1' I Transport Diary Weather and Sea Condibons
      51 words
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  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      2423 29 35^ 200 Cantonment Road #12 05 Southpoint, Singapore 02U8 All If# Tel *****11 TELEX NO RS ?4179 Iff 11I1VI TERMINAL/CFS Tel *****18 220 rCOOffll BOOKINGS rel *****34 258 WW# J pesaka jardine shipping agencies ►ORI KELANG TEL *****18 TELEX MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CES TEL *****6 Df&lictih'cl
      2,423 words
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      Page 29 Advertisements Column 2
      894 29 MDEXI TOMWRTjSERS Psirc C "«»I Page Oil lA| M ABC'Containerline 12 I Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5 lAeropak Express 9 5 Macoline 18 3 API. 5 3-5 Maersk Line 3 4/5 APC Line 13 5 .MISC 14 1-3 i «ASCL 5 I M'sia
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      Page 29 Advertisements Column 3
      1940 29 ■QDasa TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SIN6APORE/LONG REACH 19 DAYS Vessel Voy ETA ETD Port 'Penang KManQ DESTINATIONS Thi* Margr«tn« Maersk 9106 FeMei by ■WWIMKIIBiIIftWWIHWWPWW— 18-8 0800 MRS M Pinto ■■■PMI CFS 2359 MRS OAK LGB HOU MEM ATL MIA CHS
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      1234 30 Irottedam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 KATSURAGI 06/125 27/6 13/7 16/7 15/7 j ALL WESTBOUND P. THAMES 06/325 30/6 17/7 19/7 22/7 23/7 KILANQ A KNAIKi CARGO LA SEINE 19/126 4/7
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      Page 30 Advertisements Column 2
      670 30 IhEhShhl DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 6/7 18/7 20/7 26/7 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX (PERU) SEASPAC I 2304E 6/7 8/8 9/8 14/8 15/8 Agents t|||fi SINGAPOKK: *****11 Jardine
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      Page 30 Advertisements Column 3
      1571 30 I ramBASM m&wm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FbR EUAOPE WSL/WY SIN ALG BCL HAM BRE ROT WIT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9115-3 21/06 12/07 14/07 17/07 IS/07 19/07 20/07 21/07 22/07 NORASIA SUSAN 9116 3 28/06 18/07 19/07 22/07 23/07 24/07 25/07
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      Page 31 Advertisements Column 1
      2110 31 Steamers Maritime Holdings Ltd V Dg n m\ M STRAITS SHIPPING ■RMk f J Singapore la BruMl, East Malaysia, Containers mUm Voy No t Pkl Spore Alf Sou Ant Rot Ht| l(U tUtISK 9108 IS 06 17 OS l»/0« 04/0 07/07 08 07 10/07 ACCEPTS 0W SAM.S CAUMGAN Ml 053?
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      Page 31 Advertisements Column 2
      2575 31 I TO: U.S.A./PANAMA FM: y s.AJPANAMA iwssii wi i*_ on* iuB cm me s«» won ntc wsti wt ntc w m a ta ow g AUHNIIC SfNUTO* EC 119 22 e 17/7 19/7 11 1 2/1 1/1 «/l 6 1 •••WAN MNAIOH *A lIS 1/) 3/5 5.5 10/5 11/5 70/5
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      Page 31 Advertisements Column 3
      360 31 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOB YOKOHAMA/ NAGOYA/OSAKA OB SENBOKti COSMIC PIONEER Vl4 ETA SPORE 22/6/91 ETA PK 24/6/91 NOTE ALSO CALLING OTHER JAPANESE PORTS, HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DSN CT SMWI sm sm so sm kt
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      Page 32 Advertisements Column 1
      636 32 fgmmi CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Kl W3T [TPOK ROMH »0»M Hone B*tM(N ANTWERP MA I MAM 29*8 20/6 22/7 27/7 31/7 }/t SRiWIIIHA 32W8 IS/7 U/l 25-S 29 1 2/9 KUTAI, 23N8 25/8 2S/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subjact lo Inducement
      636 words
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      Page 32 Advertisements Column 2
      969 32 J£ sfc HANJIN SHIPPING S'porellEH RTM ANR HAM BRV FEL IfeeDH VSI SIN LIME HAUL LGB OAK HANJIN ROTTEROAM 014W 18 6 6/7 7/7 B'7 8 7 9 7 10/7 IHANJM FELIXSTOWE 008E 18/6 DIRECT 8/7 11/7 HANJIN KAOHSIUNG 004W 23 6 11,7 12/7 13/7 13/7 15/7 16/7 IHANIIN SINGAPORE
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      Page 32 Advertisements Column 3
      1342 32 -i -T r f*Aj* > fl I J V I J I I IPKL SGP HKG KSG KIG WS Ml 0» WT SMI TTO UU 06 HI NTC IHV Ml IW I)f «C PSD CM K sa I f GROWTH Rf 032 IJ/i 21/$ M/« 27/t 2»/6 2/7 4/7 $/7
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      Page 33 Advertisements Column 1
      2059 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) jf BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT: *****44/*****14 JV AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 W%f%l FAR EAST SERVICE -*****48 CFS: K27 IMPORT: *****69/*****50 ml NEPLINE SON BHD MALAYSIA K.L.-(03) *****33,
      2,059 words
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      Page 33 Advertisements Column 2
      1028 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—DISCHARGING WESTBOUND-LOADWG TRANSHFPED VIA ROTTERDAM voy —1» ImT* Hie wr |sw |wii |mc [bhv n.
      1,028 words
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      Page 34 Advertisements Column 1
      1706 34 KW ff AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) MjK W W W TEL *****77 TELEX KAWAKIRS23I6S FAX: *****79 > m 4 MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SDN BHD 1 JL HL JL JL JLdf TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA
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      Page 34 Advertisements Column 2
      1199 34 tsm PHIU O/tI€NT UN€S PTC LTD V ,oa ROBINSON ROAO »07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69******00 TELEX RS ***** PHILI FAX *****76/*****38 fjg/M BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OK SINGAPORE I HI K ,1 IT FORWARDERS ASSOCIATION JUN MONTREAL. OnAWA.
      1,199 words
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      Page 35 Advertisements Column 1
      1675 35 JsEg§3fl#f J PACIFIC INTERNATIONAL LINES (PTE) LTD g U JWI pil Building, 140 Cecil Street *03 00, Singapore 0106. JAKARTA BANGKOK VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EOEN 251 18/6 21/6 2S/6 KOTA BINTANG 9118 18/6 21/6 25/6 EQUATOR MAS 08N 23/6 25/6 30/6 KOTA PAHLAWAN
      1,675 words
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      Page 35 Advertisements Column 2
      1116 35 BENLINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VO NOS SPORE LEHAVfiE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN 196 20/6 7A7 6_7 10/7 1777 BenaUer 196 2T6 11/7 12/7 77 Burga
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      Page 35 Advertisements Column 3
      414 35 M MYANMA pt FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdj AVA VI 09*1 20/22 Jun 23/24 iun PINY A VII6W 4/7 July THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA 1
      414 words
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      Page 38 Advertisements Column 1
      743 38 TO AUSTRALIA/NEW ZEALAND "SI S.n Fiem [M«Pb %d |*ucli NPf [p CHALM AWWIERPLN 10 6 6 'll 1 14il 20 1 23 25/1 L_ I MARINA It 275 6 3 12 8 TIS 8 19 25 21 > 2t 8 FLLfN HUMG 276 17 24/t M S 3~9 171 171
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      Page 38 Advertisements Column 2
      1186 38 0 H i MALACCA STRAITS FEEDFR SERVICE OUTBOONO VOY~PKL PNG IKT SIN HKG KAO KEE TYO SMZ NGO KOB VESSEL VOY SIN J PHL PNG BLW SIN AOTROSL 15~22 6 *17 6 ~216 286 2 1 3 7 4 7 ICEBWO 10* 196 206 21 6 24 6 ~CMOEORNIA~CARRirR 6B
      1,186 words
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      Page 38 Advertisements Column 3
      1523 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINKK SKRVICK 2. MISTRI ROAD, HMC BUILDING TEL: *****00 #15 00. SINGAPORE 0207 TELEX RS ***** COSW CR NO **********0 M f x /*****6 CABLE: COSTARLINE General Agents: 006 TAR SHIPPING PTE LTD MESSEL/WY SGP HKC SHA XIN HPU ML QW VESSEL VOY SUA
      1,523 words
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      Page 39 Advertisements Column 1
      968 39 VKC CONVENTIONAL IllVlCl *e»»eI PKL PNG PG. Lotdnf for A VESSEL 21/06 Rotterdam/Antwerp CHINA FULL CONTAINER SERVICE VtlMl SGP PKI BKK HUG QIM SHA YANGfANGKOU 153 05/7 03/7 09/7 15/7 l«/ 7 YANGFANGKOU 155 05 8 03/1 0»/8 15/8 18/8 Mm Ki«tr) [(•!•< ctowu pvti m HKG AUSTRALIA FULL CONTAINER
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      Page 39 Advertisements Column 2
      358 39 f RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 IfHj TELEX: RS ***** RISHIP (3 Lines) t\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANFCONVENTTONAL VESSEL VOY ETA LOADING FOR SPORE ANDINET 24W8 20/07 OARFSSAtAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 26W8 20/08 DARESSALAAM
      358 words
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      Page 39 Advertisements Column 3
      1045 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA EM SPOKE PORT KELANG PENANG BLUE IAW 5/7 loading tot Ma<e KUVAI HUOHU 2/7 Loading for Calcutta DOLPWN 30 6 Loading for Mate PIONEER SUPREME 23/6 21 6 loading For Male DONAKUIHI In Pt Loaded For Feimatu PROGRESS LRRTY 20.
      1,045 words
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      Page 39 Advertisements Column 4
      348 39 VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER BAY 163N 20-21/06 27-2S/06 05-05/07 KURN.SK 162 A 23-24/06 30-02/07 08-08/07 TIGER STAR 164N 30-30/06 06-06/07 13-13/07 "VSL VOY SINGAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SM CAL SW TIGER RIVER 132CN8 22-23/06 23-01/07 07-08/07 EAGLE CAPE 012 24-25/06 01-02/07 OS-OS/
      348 words
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      Page 40 Advertisements Column 1
      1264 40 MAC-NELS S'PORE IMPORT: *****02 I I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCALED PORTS I AFRICA ,I, PEN PK SIN p EN PK SIN Colombo 24/6 25/6 26/6 I 19/6 20/6 21/6
      1,264 words
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      Page 40 Advertisements Column 2
      360 40 Iggfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK LYT MAHSURI 0598 25 Jun 7 Jul Via NPt 9
      360 words
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      Page 40 Advertisements Column 3
      756 40 iC THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL [VOY In* IOEST VESSEL VOY ETO PEST KIM SOON LI
      756 words
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      Page 40 Advertisements Column 4
      371 40 A NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLDATIONS TO A WIDER VARIETY OF PORTS. PORTS FREQUENCY/MTH ETA SM TRANSIT TME AUCKLAND 3 SAILINGS 25/06 14 DAYS BANGKOK 4 SAILMGS 25/06 3 DAYS CHTTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SALMGS 26/06 5 DAYS DUBAI (UAE) 3 SAILINGS
      371 words
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      Page 42 Advertisements Column 1
      129 42 Innovation Technology in Business Times every Tuesday Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them you n<-eft to he kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same
      129 words
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      Page 42 Advertisements Column 2
      170 42 (¥g~SIGNIFICANT SHIPPING 1 V LCL CONSOLIDATION SERVICES DUBAI, BAHRAIN, DAMMAM, MUSCAT, ABU DHABI. DOHA, SHARJAH, BANDAR ABBAS AND JEDOAH. __ETA__SIN 21/ JUNE. 28/ JUNE HOCHIMINH. DANANG. NHATRANG, CANTHO. VUNGTAU. HAIPONG. QUINHON __ETA__SIN 21 JUNE, 24 JUNE PIRAEUS, LIMASSOL, TRIPOLI/LIBYA, TRIPOLI/LEBANON, BEIRUT/OU2AI, ISTANBUL, IZMIR, TUNIS. MALTA/VALETTA, LATTAKIA, ADEN, BENGHAZI. ALEGIER, ALEXANDRIA,
      170 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      326 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 jr 19 25 30 31 30 26 20 14 0 9 06 05 05 08 1.3 18
      326 words
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      Page 44 Advertisements Column 1
      715 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST feeder voy ihr pke ai~ une haul tot lbh oak sea line h*ui vov tcmsea pti MING CHUN 126 16/06 17/06 19/06 H PIONEER 41E 15/07 11/07 21/07 HARBOUR BRIDGE 49E
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      Page 44 Advertisements Column 2
      176 44 ■Mj|ii, Ttl PASIR GUDANG SINGAPORE Ft fllll I CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR QUOANO SINGAPORE "vOY ETA 2100 H>S tTD 0700 HRS~ EU 1300 H»S ~OOBS 17/6 l»/« 11/6 009S 21/( 22/6 22/6 010S 24/6 25/6 25/6 OUS 21/6 29/6 21/6 012S 1/7 2/7 2/7 013$ 4/7
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      Page 44 Advertisements Column 3
      591 44 CHARTPOINT Every Saturday in Business Times '"<*• »o? '«l Hoc* <ra» <01 SM (TO I LAI o** IHOU OAI CM I NO* MCM i MVC OUR USA 5!! ccpx/ipp CALLS bujm 5 6 alligator gljry ««22*2 u t n i in 10 10; 10 7 11,7 117 11; 137 ivs.
      591 words