The Business Times, 27 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 Thursday, June 27, 1991 75*
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  • NEWS SUMMARY
    • Article
      US economy's contraction revised to 2.8pc
      68 1 WASHINGTON The US economy contracted at a 2.8 per cent annual rate in the first three months of this year, the US Commerce Department said yesterday, more than estimated a month ago. The final revision from the previous estimate of a 2.f> per cent
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    • Article
      Taiwan sets terms for trade with China
      35 1 TAIPEI Taiwan will lift a 42-year-old ban on direct trade with China if Beijing signs an economic agreement with it. Taiwanese Vice Economics Minister Chiang Pin-kung said vesterdav.
      35 words
    • Article
      ICL sets up base
      40 1 JAPANESE-CONTROLLED British computer maker ICL is setting up its first overseas logistics centre in Singapore, a move which will help the company capture a bigger share ot the growing Asia-Pacific market for IT equipment. Page 2
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    • Article
      Dispute over embargo
      30 1 SHARP differences for and against the US policy of seeking to isolate Vietnam emerged among lawmakers and witnesses at a US congressional hearing on Tuesday. Page 7
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    • Article
      Big-ticket orders up
      27 1 ORDERS for "big-ticket" manufactured goods in the US posted a 3.8 per cent gain last month, the biggest in over a year Page 9
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    • Article
      Gorbachev's own plan
      39 1 SOVIET President Mikhail Gorbachev is to present his own reform proposals to Western leaders in London next month and not a plan drawn up by someone else, according to a leading reformist Russian economist Page 9
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    • Article
      Henen on growth path
      37 1 HOME-GROWN agency Henen Advertising has seen its billings grow trom $1.5 million back in" 1981 to $5.3 million last year, a figure which its executive chairman hopes to double by 1995 Page 12
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    • Article
      When divorce pays
      15 1 DIVORCE CASES are a lucrative business for Japan's private detectives Page 15
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    • Article
      Surcharges to be cut
      32 1 THE TRANSPACIFIC Westbound Rate Agreement will from next month lower currency adjustment factor surcharges for cargo trom North America to Singapore and Japan. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      36 1 WALL STREET opened lower yesterday, the continuation of a downward trend that's gripped stocks throughout the week. The Dow Jones average of 30 industrials fell 15.43 points to in the first hour of trading.
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    • Article
      Footsie lower
      50 1 BRITISH shares were lower at midday yesterday amid fading hopes for lower interest rates, weak summer trading prospects for retailers and builders, and a general lack ot demand for shares. At 1100 GM 1, the FTSE 100-Share Index was down 18 points, or 0.7 per cent, at 2.443.2.
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    • Article
      Conditional approval
      43 1 TIGHTENING UP by the SES was evident in the approved rights issue of L&M Group Investments, which had to undertake not to increase its share portfolio for a year from the time it receives the proceeds of the issue Page 3
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    • Article
      Bonus issue passed
      24 1 THE SES has approved HTP Holdings' one-for-two bonus issue three weeks after it rejected four other proposed scrip issues Page 3
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    • Article
      New banks in Taiwan
      31 1 TAIWAN has granted licences for 15 new private commercial banks, breaking the government's near-monopoly on banking and getting closer to becoming a regional financial centre Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 721.80 +2.62 Kuala Lumpur ...624.08 +1.01 Tokyo 23.766.38 -141 04 Hongkong 3.634.64 +30.38 Sydney 1.506.9 +7.1. Tuesday Change New York 2.910.11 -2.90 London 2.461.2 +2.9
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    • Article
      CURRENCIES
      23 1 Exchange rates USS s$ 1.7695 1U0 Ven SS 1.2781 MS SS 0.6358 Money market rates Overnight 5 1/8 -1/8 3-month 6 +1/8
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    • Article
      COMMODITIES
      39 1 London Gold A\l fix USS366.00 US$2.75 Rubber S'pore Julv l47.25'/kg -1.00 M sia July 233.50*/kg unch KL Tin Turnover 57 tonnes -*-6 Spot MS 15.40 /kg -0.01 Crude palm oil Turnover 1.55*) lots -33") JuK MS792 /tonne 10
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  • Article
    SES may introduce new listing method
    557 1  -  Dutch auction the system used for allocating COEs may be an option By Magdalene Ng THE Singapore stock exchange may introduce a new method for listing shares by the end of the year. The exchange started several studies last year to find a listing
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  • Article, Illustration
    SAL share issue expected to get good response
    479 1  -  37.7 m shares offered at 80 cents each By Chew Eng Han SAL INDUSTRIAL Leasing Limited can expect a firm re-, sponse to its share issue as a result of continued government backing, as well as strong support from its parent, Singapore
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  • Article
    San Teh, SEEL to go public soon
    221 1 TWO MORE companies, San Teh Rubber and Singapore Electronic and Engineering (SEEL) are likely to go public soon. San Teh, to be listed on Sesdaq. is expected to announce its offering this weekend of 25 million 20-cent shares, priced at 60 cents each.
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  • Article
    Lock icon Former Bank Duta director sentenced to 10 years' jail
    368 1 Reuter JAKARTA A former director at a major private Indonesian bank was sentenced to 10 years in jail yesterday for losing US$4l9 million (SS74I million) in foreign exchange trading. Dicky Iskandar Di Nata. 39, was director of Bank Duta whose board
    Reuter  -  368 words
  • Article
    Local rates likely to rise in short term
    222 1 GROWING demand for funds is likely to push up local interest rates in the short term but analysts say the rates will stabilise from early next year due to slower economic growth. From today, four banks DBS Bank, Keppel Bank. OCBC Bank
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  • Article
    Glenn Knight to face two trials late next year
    417 1  -  By Conrad Raj FORMER white-collar crime buster Glenn Knight will go on trial late next year on charges of cheating, attempted cheating and making false statements. Some 44 witnesses are expected to testify with 36 for the prosecution and about eight
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      250 1 flßurbern«l < e<CB > I 1 I l Reigns when it pours Ad Marketing 12 Money Changer Rates 25 Weather Aircraft Schedule 25 Money Market 23 World News 8.9 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 For market indices, editorial. Editorial 10 Regional Stock Markets
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    • Advertisement
      Page 1 Advertisements Column 2
      67 1 TOTAL TRANSPORTATION SERVICES CROWN PACIFIC 36 Pioneer Rood Singapore 2262 Fax 862 2840 Tlx RS 21 1 15 CRWNPAC Tel: 861 6818 I The Peak vvlU h 0 lonfi remembcrccl WUh i mu i& ,t. (fraud Tavilioti RESTAUR ANT Wholly -owned by Turg Li 4 Sfcark Fir Restaurant hf 1
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Dr Mattar to open exhibition
        89 2 I NVIRONMENT Minister Dr Ahmad Mattar is to open I nviroworld '91 today at the World Trade Centre Hall 5. The exhibition is organised by Communication International Assol ites (CI and features more than 200 exhibitors from 20 countries. The exhibition, with an emphasis on
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      • Article
        Telecom's link-up
        70 2 SINGAPORE Telecom has established an electronic data interchange (EDI) link with the Netherlands. The link will aliow the Singaporean and Dutch trading communities to s, eed up the documentation process for transactions between the two countries. Yesterday, Telecom and its Dutch counterp rt PIT Telecom Netherlands, together with
        70 words
      • Article
        Supervising drug addicts
        77 2 SINGAPORE will introduce electronic monitoring of drug releases to enhance the supervision of ex-drug addicts and help them avoid relapse. Peter Sung, the Minister of State for National Development and Home Affairs, said yesterday the •\>vernment is also studying legislation to allow the seizure of assets acquired
        77 words
    • Article
      Auction brings in nearly $5m for government
      254 2 I WO LOTS of property put up for auction by the official assignee fetched almost $5 million for the government yesterday. Six units of postwar shophouses in Mayflower Way went for 53.49 million, while three shophouses in Venus Way went under the hammer
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    • Article
      ICL sets up first overseas logistics centre here
      320 2  -  Fast-track delivery system By Dexter Lee JAPANESE-CONTROLLED British computer maker ICL is setting up its first overseas logistics centre in Singapore, a move which will help the company capture a bigger share of the growing Asia-Pacific market for IT equipment. Central to
      320 words
    • Article
      NUS offers more engineering consultancy services to industry
      269 2 THE engineering faculty at the National University of Singapore is offering more consultancy services to local industries. The annual staff consultancy income generated by the faculty has been hovering around $1 million since 1987 and is expected to continue growing, said Professor
      269 words
    • Article
      French flair and Singapore flavour
      213 2 FRANCE can complement Singapore as the Republic strives to improve the capacities of its economy in the field of design and creativity. The strength of the French economy in research and innovation. and an accurate appraisal of European and world markets can work with the
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    • Article, Illustration
      VITB to start course for computer operators
      302 2  -  By Claire Leow THE Vocational and Industrial Training Board (VITB) will introduce a course for computer operators next year to meet a shortfall created by Singapore's computerisation programme. Details are being worked out but the objective of the course is to try to
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    • Article
      Entrepreneur urges support for SMEs
      186 2 LARGE Singapore companies should support their smaller local counterparts so that they can grow. By helping the small and medium-sized enterprises, they can become tomorrow's Yeo Hiap Sengs and F&Ns, said Henry Lim, executive chairman of Henen Advertising, a small, local advertising agency. Mr Lim,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      83 2 INTRA-MOTORS f\ member0/the intrtuo(jmup P.T. Irinco Motor Econ Motors Sdn. Bhd. SINGAPORE 469 MacPherson Koad, #01-01 Singapore 1336 BATAM |l Tenku Umar No. 1.2 Tel: 458 678/458 738/458 BRUNEI 6 #01 -A, Hj. Daud Complex, Sl'g. 107 jln Gadong Tel: 382 5515 Fax: 382 4118 838 457 788 Fax: 4SB
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      Page 2 Advertisements Column 2
      6 2 Competing with the giants, Pg 12
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      L&M rights issue approved with condition as SES tightens up
      431 3  -  By Elaine Koh TIGHTENING UP by the Stock Exchange of Singapore was evident in the approved rights issue of L&M Group Investments, which had to undertake not to increase its share portfolio for a year from the time it receives
      431 words
    • Article
      Lock icon MMC starts exploring for gold and diamond
      290 3 Reuter MALAYSIA Mining Corp Bhd (MMC) has begun diamond exploration in Indonesia and may look for gold in Brazil and ilmenite in Vietnam, a company official says. MMC, one of the world's largest tin miners and a company that diversified into engineering and
      Reuter  -  290 words
    • Article
      Lock icon Wary Japanese investors likely to turn to overseas markets
      470 3 MARKET TALK Reuter TOKYO Japanese investors. tired of getting burned in an ailing, scandal-racked local stock market, are expected to focus more on healthier bourses overseas, say brokers and investment managers. "The performance by Japan stocks is the worst internationally so
      Reuter  -  470 words
    • Article
      SES approves HTP Holdings' one-for-two bonus issue
      283 3  -  By Magdalene Ng THE Stock Exchange of Singapore has approved HTP Holdings' one-for-two bonus issue three weeks after it rejected four other proposed scrip issues. The SES had earlier this month turned down applications for rights issues by UIC, Hotel Properties and Eu
      283 words
    • Article, Illustration
      Lock icon C&C starts on first M'sian property project
      369 3 Group plans to cash in on M'sian boom Bernama SINGAPORE-BASED Cycle Carriage Ltd intends to build a significant presence in the property scene in Malaysia through development, investment and ownership of quality properties, chairman Tan Sri Basir Bin Ismail said yesterday. As the
      Bernama  -  369 words
    • Article
      Lock icon MPHB may rationalise its financial services
      242 3 MBT KUALA LUMPUR Mul-ti-Purpose Holdings Bhd (MPHB) is looking at rationalising its financial services, and one option would be to group its activities under 70 per cent-owned Malaysian French Bank. Disclosing this after the company's annual general meeting yesterday, executive director and group legal
      MBT  -  242 words
    • COMPANY BRIEFS
      • Article
        Hwa Hong unit buys HK shelf company
        83 3 SINGAPORE WAREHOUSE Co, a subsidiary of Hwa Hong Corporation, has bought over a Hongkong-based shelf company called Pumbledon Limited. Pumbledon, essentially an investment holding company, was formed in April this year. The company, which has an authorised capital of HK$ 10,000 (552.300), divided
        83 words
      • Article
        Stakes in Hai Sun Hup
        224 3 OW CHEO GUAN. a director of the Hai Sun Hup group, has disposed of his entire shareholding of 35,000 shares of Si each in Maritime Properties (MPL). He therefore does not have any interest in the 50.000 shares held by MPL in the Hai Sun
        224 words
      • Article
        NatSteel certificate deposit
        42 3 THE DEADLINE for Nat Steel shareholders and warrant holders to deposit their certificates with the Central Depositary' is July 3 and not June 26 as earlier reported in BT. Trading will be suspended from July 4 to July 12.
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    • Article
      Lock icon UMW to spend M$110m to upgrade motor division
      215 3 MBT KUALA LUMPUR UMW Holdings will be spending Msso million (about SS32 million) to upgrade its existing Toyota assembly plant and another MS6O million to upgrade branches of the group's motor division. Group managing director Abdul Rashid Bin Abdullah told reporters after
      MBT  -  215 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      389 3 The 3rd International Petrochemical Conference Petrochem '91 Third in the series, Petrochem '91 continues in the successful tradition of the conferences in 1989 and 1990. It is worth noting that the number of delegates attending Petrochem more than doubled in 1990. This is hardly surprising as the petrochemical industry is
      389 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        NZ Telecom options to be listed on exchange
        66 4 WELLINGTON Options on Telecom Corp of New Zealand Ltd shares will be listed on the New Zealand Futures and Options Exchange (NZFOE), the exchange said. The underlying shares are due to be listed on the New Zealand Stock Exchange on July 17.
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      • Article
        Japan-M'sian plant expansion
        84 4 KUALA LUMPUR M K Kashiyama, a Japanese-Malay-sian venture producing and exporting disc brake pads, will invest Ms2o million (5512.7 million) to expand production in Malaysia, according to its Executive Director, A G Soo. The venture will build a factory to produce 2 million steel backing plates a
        84 words
      • Article
        4b-baht lubricant base venture
        81 4 BANGKOK Thai Oil Co Ltd plans to invest in a four billion baht (***** million) lubricant base plant, chairman Kasame Chatikavanij said. Mr Kasame told reporters the lubricant base plant project, approved recently by Thai Oil's board, will be a joint venture with state-owned Petroleum Authority
        81 words
      • Article
        Korean-Japanese venture
        91 4 TOKYO South Korea's Kuk Dong Construction Co Ltd and Osaka-based Saimon Construction Co Ltd plan to set up a joint venture in Japan in August to construct office buildings and houses, a Saimon spokesman said. It will be the first construction joint venture by Japanese and South Korean
        91 words
      • Article
        Caltex starts refinery design
        54 4 BANGKOK Caltex Petroleum Corp has begun work on the costly engineering design of its proposed oil refinery as an indication of its commitment to press ahead with the project, the Bangkok Post reported. Caltex has yet to conclude an agreement with the Industry Ministry on the
        54 words
    • Article
      Lock icon Air New Zealand likely to incur NZ$25m loss: analysts
      249 4 Reuter AUCKLAND Air New Zealand Ltd, pilotless since April when former chief executive Jim Scott bailed out, is flying towards an operating loss of around NZ$25 million (5525.5 million) in the year to March 31, analysts said. Asset sales of NZ$3l.5
      Reuter  -  249 words
    • Article
      More Indon business likely for merchant banks
      372 4  -  Bright outlook after all Semen Gresik shares snapped up By Quak Hiang Whai SINGAPORE Singaporebased merchant bankers can look forward to more feebased corporate finance business in Indonesia as the country's first privatisation issue has met with great success. All the 40 million
      372 words
    • Article
      Lock icon Japanese keen to develop Vietnam's oil reserves
      239 4 Reuter TOKYO Japanese oil firms and trading houses are drawing closer to V ietnam, as both sides await the lifting of a 16-year US trade embargo which could open one of the last remaining frontiers of energy resources. Vietnam's potential for oil exploration
      Reuter  -  239 words
    • Article
      Hopewell trying to trick Thai govt: report
      333 4 BANGKOK Hopewell Holdings' resubmitted request for promotional privileges for the realty and property development under its 100 billion baht (556.9 billion) community train and overhead expressway project was considered a trick by the company to force the Thai government to terminate the project
      333 words
    • Article
      Lock icon Amerisia Industries to open more branches in M'sia
      331 4 Bernama KUALA LUMPUR Amerisia Industries Sdn Bhd, a member of China's Tunghua group, is to open another three strategic marketing branches in Malaysia before the end of this year in anticipation of great demand for made-in-China machinery equipment and products by local
      Bernama  -  331 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      309 4 The TI Travel Mates. They're making a hit across the world. I T J The new look of power. computer in your hands do you 20MHz 386' M SX power into a mere A3 Editors across the country are begin to understand what wyp 1.8" and 5.71b5. •V'-T praising the
      309 words
    • Advertisement
      Page 4 Advertisements Column 2
      73 4 AUSTRALIA SQUARE T-O-W-E-R FOR LEASE TOP FLOOR PRESTIGE OFFICE SMCE 264-278 George Street, Sydney Available NOW Central location/Landmark building Fantastic natural light and outlook Favourable terms and conditions Lettable floor area 782m 2 optional smaller suites available Lease expiry August 1993, long term lease negotiable lop quality fit-out with fully
      73 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Wells Fargo raises reserve for loan losses
      671 5 Real estate loans not material to second-quarter results NYT SAN FRANCISCO Wells Fargo Co stunned Wall Street on Tuesday by announcing that it would increase its reserve for loan losses in the second quarter to about US$35O million (***** million), or more than
      NYT  -  671 words
    • Article
      Lock icon Trafalgar launches friendly takeover bid for Davy
      332 5 AFP LONDON British conglomerate Trafalgar House on Tucsday launched a 114 million (about ***** million) friendly takeover bid for troubled British engineering group Davy Corporation. German group Manncsmann meanwhile said that it would be interested in acquiring part of Davy, which is in
      AFP  -  332 words
    • COMPANY BRIEFS
      • Article
        Brent Walker's loan limit extended
        82 5 LONDON Ordinary shareholders of Brent Walker Group pic voted to approve an extension in the troubled leisure company's borrowing powers up to a maximum of £2 billion (SSS.B billion), from the present limit of £1.71 billion. Company chairman Lord Kinderslcy said at an extraordinary general
        82 words
      • Article
        IBM-Borland accord
        62 5 NEW YORK Borland International Inc said it signed an agreement with International Business Machines Corp to develop the next generation of its Object Vision product for the OS/2 2.20, IBM's 32-bit operating system. The pact is an extension of a recent agreement between the two companies to develop
        62 words
      • Article
        Guinness in Spanish brewery bid
        65 5 LONDON Guinness pic is to move further into the Spanish drinks market with a £34 million (5598.6 million) bid for brewer Union Cervecera SA. The bid will be made through the group's recently acquired Cruzcampo subsidiary, Guinness said. Following the deal, Danish brewer Carlsberg A/S.
        65 words
      • Article
        Carrefour has 3 weeks to pay up
        84 5 PARIS French hypermarket group Carrefour will pay 2,700 francs (Ss7BB) per share between June 27 and July 17 to holders of shares in Ste Viniprix, which controls Carrefour's takeover target Euromarche, the French stock exchanges association (SBF) said. Carrefour agreed to buy 83.14
        84 words
    • Article
      Lock icon Galeries Lafayette confident of stake in Nouvelles Galeries
      336 5 Reuter PARIS THE chairman of Galeries Lafayette, Georges Meyer, said the French stores group will successfully complete its bid for two-thirds of the capital of Societe Francaise des Nouvelles Galeries Reunies next Monday. Earlier on Tuesday, an executive with Devanlay SA said
      Reuter  -  336 words
    • Article
      Lock icon British Telecom wants 30pc of videoconference market in US
      399 5 Reuter LONDON British Telecommunications pic aims to grab 30 per cent of the US$l.3 billion (552.3 billion) a year US videoconferencing market within the next three years, using its BT North America Inc subsidiary. At a news conference on Tuesday, the
      Reuter  -  399 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      209 5 "Psst... can you keep a secret?" Chivas Regal has a sccret to share. iM Let me in on w secret* It's something only true lovers of Scotch Whisky will appreciate MB 1 1 <£MkiKk I I lo;ise Mtt.icn your business c;ird ami complete this as much as they appreciate the
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Taiwan's M1-B money supply at 16-month high
        67 6 I Aim laiwan's Ml-B money supply surged at an annual rate ot 5.? per eent in May, the highest in 16 months, signalling an economic recovery on the island. Ml-B, comprising cash in circulation, checking accounts, passbook deposits and passbook saving deposits, returned
        67 words
      • Article
        Bank's first loan to E Europe
        56 6 LONDON The European Bank for Reconstruction and Development has announced its first loan to post-communist l uropc. Ihe board approved a 15-year loan of US$5O million (about Ss9o million) on Tuesday to the Polish Wielkopolski Bank Kredytowy, which will lend the funds to heating
        56 words
      • Article
        Bank of Spain passes new rules
        68 6 MADRID The Bank of Spain has approved new accounting norms for banks and credit institutions, designed to conform with legislation elsewhere in the EC. A change in a new circular, due to take effect on Jan 1. 1992, is that banks w ill no
        68 words
      • Article
        Purchase offer declined
        32 6 HADDON TOWNSHIP. New Jersey First Peoples Financial Corp said First Fidelity Bancorp declined its offer to buy seven branches of First National Bank of Toms River from First Fidelitv.
        32 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon Private commercial banks for Taiwan
      494 6 Country takes big step towards liberalising banking sector Reuter AFP TAIPEI Taiwan has granted licences for 15 new private commercial banks, breaking the government's near-monopoly on banking and taking a major step towards making the island a regional financial centre. The new banks, most of
      Reuter; AFP  -  494 words
    • Article, Illustration
      Lock icon Japanese institutions urge tougher securities rulings
      367 6 FT TOKYO Leaders of Japanese economic institutions have called for tighter controls on securities dealings and tougher penalties for breaches of regulations, as part of suggested reforms designed to restore public confidence in securities markets. But it was back to business as usual on
      FT  -  367 words
    • Article
      Lock icon Manufacturers revamps its Europe operations
      253 6 Reuter NEW YORK Manufacturers Hanover Corp is revamping its European operations, a spokesman says, and will now oversee Europe from London rather than from New York. Europe will be split into a credit-linked group and a capital markets group, instead of many groups operating independently.
      Reuter  -  253 words
    • Article
      Lock icon Lloyd's in disarray over £500 m loss
      189 6 Reuter LONDON Lloyd's of London, the world's premier insurance market, was expected to be under fire from its members at its annual meeting yesterday because of a loss estimated at £500 mil- lion (about 551.45 billion). Lloyd's chairman David Coleridge is expected to
      Reuter  -  189 words
    • Article
      Lock icon Tokyo and Osaka bourses tighten rules
      277 6 Reuter TOKYO The Tokyo and Osaka Stock Exchanges will raise margin requirements tor stock index futures and options trading from today, according to exchange officials. Also, starting July 3, the Tokyo Stock Exchange (TSE) will disclose at 0630 (»\1 I every Wednesday the names
      Reuter  -  277 words
    • Article
      Lock icon C'wealth Bank to issue 240m shares
      243 6 Reuter SYDNEY The float of the government-owned Commonwealth Bank will involve the issue of about 240 million shares priced at A 55.60 each, according to the lustraHan l.vvfx iatcd Press. A further nine million shares will be issued to bank employees at a 10
      Reuter  -  243 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      133 6 For that very special celebration, you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- i €xa Cnt smic cself when you celebrate it an unforgettable affair, a grand and exclusive Call us at 534 4040 occasion with
      133 words
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      Page 6 Advertisements Column 2
      58 6 This announcement appears as a matter of record only Neptune Orient Lines Ltd A 578,400,000 Tax Spared Loan Facility Standby Letter of Credit provided by Westpac Banking Corporation Commerzbank Aktiengesellschaft The Development Bank of Singapore Ltd Dresdner Bank Aktiengesellschaft Banca Nazionale Del Lavoro Funding provided by Westpac Banking Corporation, Sydney
      58 words
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  • THE REGION
    • Article, Illustration
      Lock icon Sharp differences in US Congress over Viet embargo
      423 7 Bush administration accused ot double standards AP WASHINGTON Sharp differences for and against the US policy of seeking to isolate Vietnam emerged among lawmakers and witnesses at a US Congressional hearing on Tuesday. Critics, including a Republican senator, accused the White House
      AP  -  423 words
    • Article
      Lock icon Wealth gap may decide battle for Cambodia
      394 7 AP PHNOM PENH The gulf between rich and poor is widening in Cambodia, and could play a major role in the battle between the government and the Khmer Rougedominated guerilla coalition, analysts say. Many people in the Cambodian capital have become better off
      AP  -  394 words
    • Article
      Lock icon M'sian planters want to recruit more Indon workers
      266 7 AFP KUALA LUMPUR Plantations in Peninsular Malaysia have sought government permission to allow them to recruit 32,000 more Indonesian workers to meet a labour shortage, a plantation official said on Tuesday. Abdul Rahman Teh Mohamed, the chief executive of the United Planters
      AFP  -  266 words
    • Article
      Lock icon Manila to seek extension of IMF's US$916m credit
      274 7 AFP MANILA The Philippines will seek to extend an 18month standby arrangement with the International Monetary Fund (IMF) until the end of 1992, Central Bank governor Jose Cuisia said here on Tuesday. This will enable the Philippines to take full advantage of
      AFP  -  274 words
    • NOTE BOOK
      • Article
        Mahathir woos Brazilian industrialists
        92 7 RIO DE JANEIRO Visiting Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad has called on Brazilian industrialists to grab investment opportunities now available in Malaysia by setting up their manufacturing base in the country. Speaking at an investment seminar on Tuesday, he said they should do
        92 words
      • Article
        HK seeks Gatt help in dispute
        86 7 GENEVA Hongkong has urged Gatt's "anti-dumping" committee to intervene in its dispute with the US over the ban on imports of synthetic material sweaters into the US, it was announced here on Tuesday. Bilateral talks between Hongkong and Washington failed and now the British
        86 words
      • Article
        Talks on US bases to resume
        67 7 WASHINGTON Formal talks on the future of US military bases damaged by erupting Mount Pinatubo in the Philippines are to resume next month. American Defence Department spokesman Pete Williams said on Tuesday that chief US negotiator Richard Armitage was scheduled to travel to Manila
        67 words
      • Article
        Jakarta monitoring volcanoes
        76 7 JAKARTA Indonesia will put certain local volcanoes that have been dormant under close watch, after the recent eruptions of Mount Pinatubo in the Philippines and Mount Unzen in Japan. This would allow the government to cope as early as possible in the event of an eruption, the
        76 words
      • Article
        Perth's stand in mining row
        71 7 PERTH The Deputy Premier of Western Australia, lan Taylor, has given the clearest indication so far that the state government will ensure that two proposed mining projects, opposed by Aboriginal interests, go ahead. He said on Tuesday that he would prefer the mining industry resolved
        71 words
      • Article
        Japanese company in Viet tie-up
        88 7 TOKYO Japanese engineering consultant Nippon Koei Co Ltd has agreed to form a joint venture with two Vietnamese enterprises affiliated with the country's Energy Ministry. A company official said on Tuesday that Nippon Koei, which was involved in several projects in southern Vietnam before 1975,
        88 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      88 7 Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail outlet. Known to be the largest single watch boutique in Singapore, Thong hiap believes in the quality and consistency of high customer service. No one offers better service than we do because we really care
      88 words
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  • THE WORLD 1
    • Article
      Kuwait may build new refinery in Asia-Pacific region
      356 8  -  Singapore among locations being considered By Salil Tripathi SINC.APOKi: Kuwait may build a new refinery in the Asia-Pacific region, where it enjoys a growing market for its petroleum products, to replace the capacity which it lost at home during the Gulf crisis.
      356 words
    • Article
      Lock icon New Indian govt may ease foreign investment laws
      338 8 FT NEW DELHI Dr Manmohan Singh. India's Finance Minister, hinted strongly on Tuesday that the new government would liberalise India's restrictive foreign investment laws. At his first press conference in New Delhi since taking office, he said India would have to open
      FT  -  338 words
    • Article
      Businesses hope for perks from a Congress-led govt
      494 8  -  By Harish Mehta BIG BUSINESS in India is rooting for the Congress (I) Party to form a stable government because it hope-, to enjoy a bonanza of economic goodies that the party has promised to deliver. These include exempting profits from taxes
      494 words
    • Article
      Lock icon Rise in orders for US big-ticket items hits one-year high
      316 9 Three new reports suggest a modest US recovery AP WASHINGTON Orders for "big-ticket" manufactured goods in the US posted a 3.8 per cent gain last month, the biggest in over a year, the American government announced on Tuesday in one
      AP  -  316 words
    • Article
      Lock icon Democrats offer MFN compromise to avoid Bush veto
      223 9 Reuter AP WASHINGTON Leading US Senate Democrats have offered to scale back proposed conditions for normal trade relations with China in an effort to pass a Bill containing some conditions with the two-thirds majority needed to overcome President George Bush's promised veto.
      Reuter; AP  -  223 words
    • WORLD WATCH
      • Article
        South Korea plans to raise taxes
        89 9 SEOUL South Korea plans to rationalise its tax system under the seventh Five-year Economic Development Plan (1992-96), nearly doubling the average tax burden per head by 1996, a Finance Ministry report said yesterday. The report said taxes would rise to 21 per cent ot
        89 words
      • Article
        EC pressuring Seoul minister
        73 9 BRUSSELS The European Commission has complained to a visiting South Korean minister for the second successive day over Seoul's policies on copyrights, patents and foreign investment. Commission sources said Sir Leon Brittan, the commissioner in charge of competition policy, "banged the table hard" on Tuesday to
        73 words
      • Article
        India seeking loan from IMF
        95 9 NEW DELHI India has asked the International Monetary Fund (IMF) for a loan of US$5 billion (SSB.9 billion) to US$7 billion to plug a balance-of-payments gap until the end of next year. The limes of India newspaper reported yesterday that the new government took the
        95 words
      • Article
        France giving China loan
        52 9 BEIJING France is giving China a loan of 2.14 billion French francs (*****.9 million) this year for five major projects, including a new Citroen car plant, under an agreement signed on Tuesday. The loan was the largest France had ever given China, said the official Xinhua
        52 words
    • Article, Illustration
      Lock icon Gorbachev has own reform plan for G-7
      398 9 AP MOSCOW Soviet President Mikhail Gorbachev will present his own reform proposals to Western leaders in London next month and not a plan drawn up by someone else, according to top Russian economist Grigory Yavlinsky. Mr Gorbachev made his position clear during a
      AP  -  398 words
    • Article
      Lock icon Soviets plan to privatise two-thirds of state firms
      135 9 AP MOSCOW I wo-thirds of Soviet state businesses would be privatised by the end of 1995, under a government proposal. Inder the proposal by the Cabinet of Ministers, circulated on Monday, the central government will retain up to half the defence and
      AP  -  135 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1893 8 1990 Swiss Bank Corporation in facts and figures Swiss Bank Corporation in 1990 Balance sheet as at 31 December 1990 together with the previous year's figures; after acceptance of the Board s proposals concerning distribution of profit The parent bank reported cash flow of Sfr 1431 million 0 9%) for
      1,893 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      179 9 HANDBOOK FOR BUSINESSMEN DOING BUSINESS IN SINGAPORE Complied and edited b> <.<»h lianvtah The aim of this Handbook is to provide employers, employees and those who want to start doing business in Singapore.with essential information which they may require in everyday activities DOING BUSINESS IN MALAYSIA The aim of this
      179 words
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      Page 9 Advertisements Column 2
      303 9 it i d•• u a- u» You could win the right to holiday at a beautiful You start by booking a British Airways flight to or r Scottish castle every year for the rest of your life. from London this summer. K i hi i 'i/ t. Or vou could
      303 words
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  • Article
    Towards a civic future
    515 10 EDITORIAL IT IS Singapore's good fortune to approximate in terms of size to the Polis, the primary unit of Greek political thought. The Polis, or City State, was of course the political realm in which individuals achieved fullness by participating in the lives of others around
    515 words
  • WHAT THE OTHERS SAY
    • Article
      A capital idea, maybe
      205 10 BERLIN represents German responsibility for two world wars and, particularly, the monstrosity of Nazism. It is simplistic, however, to think that Germany could be tempted again by that terrible ideology just because it decided last week that its capital is moving back to Berlin. But the
      205 words
    • Article
      Peace in Cambodia?
      154 10 IS PEACE finally coming to Cambodia? This question arises following the statement by Prince Norodum Sihanouk that the various Cambodian factions have agreed to end their 12-year war. But will there really be peace in that country? Other than the the announcement, there is very little evidence
      154 words
    • Article
      Power struggle should stop
      142 10 THE 7th Vietnam Communist Party congress is now being held in Hanoi. The Vietnam communist authorities have, since the end of 1986, been calling for reforms but there have still been no concrete results after four and a half years. One of the crucial factors is
      142 words
  • REGIONAL VIEWPOINTS
    • Article
      Timely response
      131 10 THE HOUSE of Representatives (DPR) is currently deliberating eight bills on transportation and financial services designed to provide a stronger legal basis and better protection of the public's interest and to broaden business opportunities in these services. The rapid economic and business growth over the past few years,
      131 words
    • Article
      Economic disruptions
      197 10 WHAT Malaysia and the other countries that are still in the various stages of development are concerned about over the outcome of the Sunday (»-7 meeting is whether this fresh forex manipulation exercise will again result in creating major economic disruptions for them while doing little good tor
      197 words
    • Article
      A retrograde step
      153 10 CONCERN about the death penalty in Hongkong is not restricted to a small group of expatriate civil liberty lovers in the territory. Two months ago, the United Nations Human Rights Committee meeting in New York expressed reservations about capital punishment being brought back by the future Special
      153 words
  • Article, Illustration
    Lock icon New, better use for junk bonds
    923 10  -  In the 1980s, it looked like the junk bond market was on the verge of vanishing. Now all the signs point to a recovery, says Diana Hennques Diana Henriques NYT THE Wall Street market for high-risk corporate bonds, which fuelled the corporate takeovers of
    NYT  -  923 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1615 10 BIJSINESSTJMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 IN THE MATTER OK l N TH K MATT ICR OK I IN THK MATTER OK IN THE MATTKR OK j IN THE MATTER OK THE COMPANIES ACT, THE COMPANIES ACT, THE COMPANIES ACT, THE COMPANIES ACT, THE COMPANIES ACT, CHAPTER M
      1,615 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 DOONESBURY BY GARRY TRUDEAU SmAAM. UJt 'Pl CjO/NG TO < F] r u ttm C N(tiATTvf~~~\ I HAVt AIONOUQV. SOMAVBt, COT All IXF A "V MA'AM-' r MKXP U MA'AM HCTTUNU YOUVeiitP tATFit*;! I K (XJP tIEWMAJ MfAl r > HIP! UAhl, 115 YUMMY M ITUJITH *11. M
      46 words
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  • ANALYSIS
    • Article
      Lock icon Textile producers look for sympathetic ear
      811 11  -  Smaller countries fear that their industries will be overwhelmed once the Multi-Fibre Arrangement expires, reports Canute James Canute James FT TEXTILE and apparel producers in the developing world have heen unable to find common ground on new rules to govern international trade when the
      FT  -  811 words
    • Article, Illustration
      Laurel: hardy political heavyweight
      1512 11  -  The Philippine elections will be held next May. Vice-President Salvador Laurel, who is sometimes called a 'presidential spare tyre', believes he is the best man to run his country in these troubled times. Harish Mehta, who was recently in Manila, finds out why Harish Mehta SALVADOR
      1,512 words
    • Article
      Lock icon Now apartheid is ending...
      474 11  -  Sue Baker reports on the search for a new role for the Commonwealth Sue Baker Reuter THE Commonwealth, at 40. is facing something of a mid-life crisis. For many years the Commonwealth, comprising Britain and most of the countries that used to form its empire, has
      Reuter  -  474 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      81 11 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 SHARP SHARP
      81 words
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  • ADVERTISING AND MARKETING
    • Article, Illustration
      Competing with the giants on their own turf
      642 12  -  Stay small but think big. This seems to be the motto propelling Henen Advertising forward. Carolyn Lim reports Carolyn Lim Homegrown agency Henen Advertising, the brain-child ot" executive chairman Henry Lim, has seen its billings grow from $1.5 million back in 1981
      642 words
    • Article
      Good showing by two agencies
      131 12 DENTSU, Young Rubicam. Singapore and Leo Burnett Singapore, have won silver medals in public service advertising at the 34th Annual Print and Radio Awards Festival in New York. Dentsu, Young Rubicam won for "Ashes to Ashes", a health and hygiene print ad for BigO Magazine/Safe
      131 words
    • Article
      A class above the others
      138 12 EVEN out in the rough and tumble international scene, local advertising agencies manage to win recognition for their quality and standard of work. The latest is Spenser/BBDO, which won a bronze medal in the annual International Advertising Festival of New York for print media. The
      138 words
    • Article, Illustration
      It's hard work maintaining a vision of loveliness
      669 12  -  What makes guests return again and again to the same hotel? What induces staff loyalty? Teh Hooi Ling goes behind the scenes at a leading local hotel to find out Teh Hooi Ling WHAT'S in a name? A lot, says John E
      669 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      69 12 An Italian State-Of-The-Art ~<s. i i -'jm —A* > Wfc k I L .11 if ft*Mgnrr l\«M|iult- Vatuzzi whichever You See It j/ u M Khff jjfl I MBBr >|l THE INTERHOME COLLECTION 1 orever Exclusive Forever Luxurious 6 Rallies Boulevard #03-100 Manna Square Singapore 010 V lei IMI I
      69 words
    • Advertisement
      Page 12 Advertisements Column 2
      630 12 /n W ARAB BANKING CORPORATION |B SCJ Consolidated Balance Sheet Consolidated Statement of Income 31 December 1990 an( Retained Earnings 1990 1989 Year ended 31 December 1990 uss uss lin millionsi 1990 1989 Assets USS USS Liquid funds 453 716 lin milliorisl Marketable securities 1060 1018 Deposits with banks and
      630 words
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  • SPORTS
    • Article, Illustration
      Lock icon Rain, rain please go away
      682 13 Wimbledon AP WIMBLEDON Call it grass-court gridlock. Two days of rain have turned Wimbledon into a big traffic jam, with players lining up for court space. Some have been waiting since lunch-time on Monday. Of the 131 matches scheduled during the first two days of
      AP  -  682 words
    • Article
      Lock icon Has Ruddock learned where nice guys finish?
      383 13 Reuter LAS VEGAS One of the keys to tomorrow's 12-round re-match between Donovan "Razor" Ruddock and Mike Tyson may be whether Ruddock's cornermen have made him a believer in the old adage that nice guys finish last. Tyson, probably more than any other
      Reuter  -  383 words
    • Article
      Lock icon Three world bests at athletics meet
      245 13 Reuter HENGELO, Netherlands Kenyan Richard Chelimo and Briton Liz McColgan both set 1991 world best 10,000-metre times at an international athletics meeting here on Tuesday. In spite of the dismal conditions, Chelimo lopped more than half a minute off the previous best men's mark
      Reuter  -  245 words
    • SIDE LINES
      • Article
        New class of keelboat for regatta
        154 13 SINGAPORE The Changi Sailing Club Regatta, scheduled for June 29 and 30, will feature a new class of keelboat, the J-24, which is used by the International Yacht Racing Union (IYRU) for match racing. Defending keelboat class champion Alan Barnes of Sun Tzu will
        154 words
      • Article
        Canon aims at youths
        89 13 SINGAPORE Leading Japanese camera maker, Canon, is embarking on a regional sports sponsorship programme in Singapore, Malaysia, Thailand, Hongkong and Taiwan. The sponsorship, worth US$2OO,OOO, aims to develop youth and sports at the amateur level in the region. Canon Singapore Pte Ltd general manager, TFujikake, said
        89 words
      • Article
        Bradley on course
        163 13 BETHESDA, Maryland It's 1986 all over again for Fat Bradley, who is back on course towards the LPGA Hall of Fame. Bradley was the tour's top money-winner in 1986, but the following year she found herself becoming uncommonly fatigued, and in 1988 she began to shake when
        163 words
      • Article
        Fenech one step closer
        91 13 LAS VEGAS Australia's Jeff Fenech is hoping to take another step towards fulfilling his life's dream tomorrow when he takes on Ghana's Azumah Nelson for the World Boxing Council super featherweight crown. Fenech, unbeaten in 25 professional bouts, has captured world titles in three lower weight
        91 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      117 13 ENGINEERING/CONSTRUCTION JOINT VENTURE PARTNER An Australian clectrical engineering manufacturing and contracting company with proven expertise in substantial mining and industrial projects is seeking a joint venture partner for turnkey design construction projects in Australia and S.E.Asia. This joint venture arrangement would provide substantial representation of both parties in projects related
      117 words
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      Page 13 Advertisements Column 2
      1019 13 EES! CREDIT SUISSE 1989 1990 BALANCE SHEET at 31 December 1990 conttngtn..■,«<*«««>. smooo. Aval, guarantee and indemnity liabilities 7 499 6 VIZ 443 1989 1990 Liabilities in respect of letters of credit 10 143 10 241 688 ASSKTS Sfrm Sfr 1000s Endorsement liabilities in respect of rediscountings 113 *****5 Call
      1,019 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      984 14 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE /HI cDJi-Wi DINNER BUFFET at $22+ The ksaeaSy jttkicst and most tender U.S. meat arc coming your*§r at CTCIHtACK Cafe. The finest quality American beef, poultry and seafood grilled and cooked in a variety
      984 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      766 14 TELEVISION AND RADIO f■ <i I*l "1 e or**** 8.30 America's Funniest Home VI- 5.30 Alvin and the Chipmunks. I n SBCI2 5.55 Today in History HAWO rttanuwil a 1 racing a. Qyiiis diccq Mure k?£u bk, B9 .9*.«*.vh F b.^ h -J qq pm CNN International 11 Than You
      766 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The case of the marital arts
      1178 15  -  Christine Chapman finds out what kind of juicy things keep Tokyo private eyes busy Christine Chapman IHT ONE MINUTE from the south exit of Shibuya station in Tokyo, where a gangly kid is passing out cards to advertise the services of a fortune-teller, is
      IHT  -  1,178 words
    • Article, Illustration
      Lock icon Turning his biggest failure into his biggest success
      597 15  -  Gail Fitzer meets the outspoken director of Cinema Paradiso Gail Fitzer Reuter OSCAR-WINNING Italian film director Giuseppe Tornatore says rejection by a beautiful woman hurts more than any critic's sting. Catapulted to fame and fortune by the huge success of his 1988
      Reuter  -  597 words
    • Article, Illustration
      Poet Czeslaw Milosz awarded Capri Prize
      458 15 CHATTERBOX NOBEL Laureate Czeslaw Milosz was awarded the US$lO,OOO Capri Prize for his life work at a weekend gathering of the world's leading poets in Capri, Italy. A Polish emigre, the 80-year-old Milosz teaches at the University of California, Berkeley. THE US House of
      458 words
    • Article
      Lock icon Martha Graham leaves estate to dance associate
      405 15 NYT MARTHA Graham has left her estate to Ron Protas. artistic director of the Martha Graham Dance Company and an associate of Miss Graham for 22 years. The choreographer, who died on April 1 at 96, had no immediate survivors. In a will
      NYT  -  405 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      204 15 AND ENTEBTAIN There's No Beefing About It. From 1 June to 30 June 1991 Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad. A prime
      204 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market advances despite lack of overseas leads
      5146 16  -  By S N Vasuki THE Singapore stoek market staged a modest reeovery yesterday despite absence of support from overseas bourses. Tokyo's Nikkei index closed 141 points lower yesterday while New York's Dow Jones Industrial Average lost two points in lacklustre trading on Tuesday.
      5,146 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4217 17 Main Board IMCHKS0 50 570 M44 1 352 4% NatSteel 1080 50 4.9% OUT 235 +20 +9 3% Inchcapc 450 +12 +2.7% Kings 225 +11 +5.1% SIA Foreign 1920 +10 +0.5% DBS 1220 10 +0.8% OCBC Foreign 1050 +10 +1.0% OC BC 865 +10 +1.2%
    4,217 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      409 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ("000) (cents) Amtol )un 25 Dec 90 $36,143($9 185) 182(46) 10(10) SPP ton 25 Dec 90 $1261 ($2,5321) 1 8( Tuan Sing lun 25 Dec 90 1,805($8801 06( <-> ANA Hotels lun 19
      409 words
    • Article
      RESULTS DUE
      706 18 Main Board Last Full Year Company Penod Oate Tear Net EPS Gross Net a mourned endnf (cents) <tv profit last year (J'000) Ceretws Interim Apr 27 Jul 91 126 MOTE (a) 38.911 Spore Land Interim May 4 Dec 91 126 10 0 44.641<() Km Enf final tun 71
      706 words
    • Article
      DIVIDENDS ANNOUNCED
      1027 18 Current Ex Books Date Total for Total for payment date close payable the year last year Acnu 5%TE kin 5 Jun 17 Jul 1 10%TE toned 25c 10% Jul 5 Jul 17 Jul 31 101 10% AMFP NYA(e) Jun 19 lul 4 Aug 15 NYA 2 8C Asia
      1,027 words
    • Article
      PRELIMINARY RESULTS
      214 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Ganda Hldgs Jun 25 Sep 90 MJ13.021L (J8.363L) IMC Hldgs Jun 25 Mar 91 HK$197.832($376.566) 56 0(113 0 40(40) Isetan Jun 25 Mar 91 J16.060($32,090k) 30 7(485) 10(14) Idns Hyd Jun
      214 words
    • Article
      BONDS, LOANS & WARRANTS
      890 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term lor one ordinary share Bimi Wt Before 30/6/94 1 warrant plus HKS1 00 cash C4C Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus JO 77
      890 words
    • Article
      INTERIM RESULTS
      188 18 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Ganda Hldgs Jun 25 Mar 91 M$554l ($3.2371) Asia Pacific Jun 2! Mar 91 $59.214($48.108) 14 5(15 4) FSN Jun 21 Mar 91 $89 232($75.678) 9 2(9 2) A*imo Jun 14 Mar 91 $1,541(11.571) 5TE(75TE) Samanda
      188 words
    • Article
      APPROVED ISSUES
      432 18 Company Rights Issue AJcom On? tor two (a MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ei-date Jun 7
      432 words
    • Article
      CORPORATE DEVELOPMENTS
      601 18 June 25 GP Batteries International has teamed up with Japan-based Toshiba Battery to form a 50-50 joint-venture company. TG Batteries, which will produce and distribute high-end batteries in China. Hai Sun Hup has joined forces with Eastern Car Liner of Japan to form a project forwarding venture Shares
      601 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1094 18 Prices as at 26.06.91 Conversion terms Premium/ Expiry i (discount) Amount Optional** using issued j -1 Company (mil Wrts Share Loan Conv Exer LnstK Cash Cash Loan Gearing Date Mths units) stock ratio price nom Stk Left j value is s s Burw.ll 115 2 0
      1,094 words
    • Article
      COMPANY MEETINGS
      210 18 Highlands Lowlands Bhd: 16th AGM at the Anggerik Room. 4th Floor. Hotel Equatorial, ialan Sultan Ismail, ***** Kuala Lumpur on Thursday. Jun 27. at 11 30am. Sembawang Maritime Ltd: 20th AGM at the 4th Storey, NOL Building, 456 Alexandra Road. Singapore 0511 on Thursday. Jun 27. at 9
      210 words
    • Article
      PROPOSED ISSUES
      496 18 Company Rights Issue Botton One-tor tour M$2 00 per share Issue of $90 978m nominal amount ot 3 5« Redeemable Unsecured Guaranteed Bonds 1991 with 45 489m detachable warrants on the basis of 12 nominal amount of Bonds tor every three eiisting shares held Every $2 nominal amount
      496 words
  • Page 18 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close mixed on afternoon profit-taking
      4421 19 Bernama SHARE PRICES on the Kuala Lumpur stock market closed mixed yesterday as cautious investors took profits in the afternoon following earlier gains. The KLSE Composite Index ended just 1.01 points higher at 624.08 but the Industrial Index fell 2.48 points to 1.175.49. Gainers
      Bernama  -  4,421 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      1248 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 IN THE MATTER OF THE I COMPANIES ACT. CAP 60 NARITA PTE. LTD. (In Voluntary Liquidation) At en Extraordinary General Mee!ing of the members of NARITA PTE. LTD duly convened and he'd at i 0 Ja an Besa' #10-01 Sim Lim
      1,248 words
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      Page 19 Advertisements Column 2
      190 19 IN THE MATTER OF HAI YIEN SHIPPING PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter SO) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the
      190 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks fall on futures loss and revived scandal jitters
      2220 20 Reuter TOKYO STOCKS dosed easier yesterday. After a morning surge, the market drifted aimlessly in the absence of factors until falling futures prices and a sell-off of issues linked to one of the scandal-tainted Big Four houses sparked a drop just
      Reuter  -  2,220 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market finishes higher on bargain-hunting
      2109 20 Reuter HONGKONG STOCKS ended sharply higher yesterday, a rise fuelled largely by bargain-hunt-ing in an abscnee of selling, brokers said. They said window-dressing ahead of the end of the quarter and half-year was partly behind the rise. "It's a window-dressing week," a broker said. "There
      Reuter  -  2,109 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Thai stocks bounce back strongly
      • Article
        BANGKOK
        906 21 THE Thai stock index recovered strongly yesterday after losing 62.86 points since June 17. The SET index rose 19.67 points, or 2.6 per cent, to close at IMA*) on a turnover of 3.61 billion baht. Most blue chips moved up. Bangkok Bank gained four baht to 340, Thai Farmers
        906 words
      • Article
        AUSTRALIA
        802 21 AUSTRALIAN STOCKS closed higher yesterday on a mixture of local buying and selling as investors postioned themselves for the end of the financial year. Brokers said institutions caught in short positions were selling across the board while others with cash surpluses in superannuation funds were buying to maximise tax
        802 words
      • Article
        JAKARTA
        611 21 SHARE PRICES in Jakarta took anoth- er beating, falling across the board but turnover was a fairly light 3.6 million shares. "We're on a downward drift," said a foreign broker who added that the market desperately needed liquidity from local investors who are now shunning the market. The official
        611 words
      • Article
        TAIWAN
        85 21 SHARE PRICES in Taiwan finished sharply higher yesterday but dealers predicted the market would meet small corrections in the near term as investors were cautious. The weighted index jumped 150.44 points or 2.6 per cent to close at 6,023.18 compared with Tuesday's 5.872.74 finish. Turnover fell to NTS2B.S billion
        85 words
      • Article
        MANILA
        531 21 SHARE PRICES closed mostly higher in a rally sparked by US assurances that it would not abandon an air base in the Philippines despite damage from an erupting volcano north of the capital. The Manila Stock Exchange composite index rose 24.20 points to close at 1.048.88. "There was a
        531 words
      • Article
        SEOUL
        764 21 THE Seoul stock market ended higher for three consecutive days after fluctuating in a narrow range. Brokers said trading centered on construction shares. "The market opened weak but shortterm punting by speculators played with today's trade." David Kim. an analyst at Schroders. said. The composite stock index added 2.39
        764 words
      • Article
        NEW ZEALAND
        53 21 NEW ZEALAND SHARES took off in afternoon trade to end higher on improved turnover and strong demand. The Barclays index estimate ended about 17 points higher at 1.441. Total turnover was 9.94 million shares, worth NZS 15.52 million. "The two-way traffic was all very vigorous." Peter Halligan of
        53 words
      • Article
        BOMBAY
        83 21 BOMBAY share prices fell sharply for the third day running on growing fears that the government was keen to introduce harsh measures in the forthcoming Budget, brokers said. "The government has made it clear that it intends to raise railway freight and coal prices," said broker Anand Diwan, referring
        83 words
      • Article
        Untitled
        1032 21 !"re*ious June 26 SYDNEY All <>rdinanes Index I,MX* 1 1,411.8 f 7 I All Industrials Index 2.326.8 2,316 5 t IO.J All Resources Index 8714 874 X f4.6 Turnover (million) 88.71 12.24 -3.45 BANGKOK SET Index ***** ***** 1167 Turnover (milium haht) .1.61(1 2,UK! t 720 JAKARTA Composite Index <6(1.11
        1,032 words
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  • WORLD STOCK MARKETS
    • Dow recovers from afternoon selling
      • Article, Illustration
        NEW YORK
        1307 22 US STOCKS ended an uninspired session on Tuesday with small losses, as earnings and interest rate worries continued to dampen buying interest. Wells Fargo became the latest company to issue a disappointing secondquarter forecast when it announced an increase in loan loss reserves. The news rippled through the
        1,307 words
      • Article, Illustration
        LONDON
        977 22 LONDON SHARES were knocked off early afternoon highs by slight weakness in the New York market and a weaker June FTSE futures level, dealers said on Tuesday. The FTSE 100 index closed only 2.9 points higher at 2,461.2 after a small amount of early morning buying and a stronger
        977 words
      • Article
        FRANKFURT
        235 22 GERMAN share prices closed little changed on Tuesday at the end of a moderately active roller-coaster session that saw the 30-share DAX index finish down 0.09 point at 1,691.47 after having gyrated in an 11-point band. "We have ended practically unchanged. Tokyo calmed the nerves after Wall Street's heavy
        235 words
      • Article
        AMSTERDAM
        258 22 DUTCH SHARES closed weaker in thin trade on Tuesday, trailing the performance of other bourses and able to offer no inspiration of their own. "We are just walking behind other markets," said dealer Robert Jabroer of Kredietbank Nederland. The CBS general tendency index lost 0.2 to 94.2. hav ing
        258 words
      • Article
        PARIS
        165 22 FRENCH STOCKS on Tuesday erased early gains and came down sharply on the back of a faltering Wall Street to close hardly changed. The CAC-40 index ended at 1,775.53. virtually unchanged from Monday's two-month closing low of 1,775.63. Volume was 2.7 billion francs, due largely to two large blocks
        165 words
      • Article
        MILAN
        144 22 SHORT-COVERING focused on insurers after three consecutive sessions of heavy selling helped Italian shares rebound and close slightly higher on Tuesday, brokers said. The MIB share index, which was down 1.6 per cent at 0900 GMT, closed up 0.44 per cent to end at 1,135. Brokers termed Tuesday's recovery
        144 words
      • Article
        ZURICH
        276 22 SWISS share prices ended little changed in another day of quiet trading on a reduced volume after selective buying alternated with profit-taking, brokers said on Tuesday. The SPI all-share index slipped 0.3 point to 1,104.6, recovering almost all of an earlier four-point loss. The SMI index of leading shares
        276 words
      • Article
        BRUSSELS
        173 22 BELGIAN SHARES ended mostly easier but above the day's lows in dull trading amid concerns about high interest rates. Traders said prices picked up towards the session end due to Wall Street's firmer opening. Earlier. Wall Street's heavy losses on Monday had weighed on the market. The BEL2O index
        173 words
      • Article
        JOHANNESBURG
        374 22 LEADING industrial shares in Johannesburg continued the downward correction started on Monday during a quiet Tuesday session, but gold shares consolidated. Dealers said the overbought market needed a healthy cooling down phase, given the unrelenting gains over the past month to record highs, mainly due to perceived political improvements
        374 words
      • Article
        TORONTO
        240 22 TORONTO STOCKS ended a slow Tuesday session flat after trading within a seven-point range during the day, dealers said. A slight rebound in Tokyo after sharp losses in recent sessions added some support, offsetting fears over company earnings prospects and higher interest rates. The composite index officially closed otY
        240 words
      • Article
        Untitled
        134 22 June 25 C lose Previous NEW YORK Dow Jones 2.910.11 2.***** -2 90 NYSE Financial 147.26 148 82 -I 56 SAP 500 370.65 ***** 4)29 Turnover (million! 157 138 +19 LONDON Financial Times 30 1,921.6 1.921.1 +0.5 FTSE 100 2.461 2 2.458 3 +2.9 Turnover (million) 410.3 326.5 *-83.8 AMSTERDAM
        134 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      52 22 For information on where to buy your copy of: Singapore Business, Her World, Go. Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840) For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar weakens against mark in narrow trading
      1213 23 REPORTS THE American dollar eased against the mark in a day of narrow range trading yesterday, pressured by a slight recovery of the German currency in cross trading. Dealers said the market had tried to push the US unit lower several times
      1,213 words
    • Article
      INTERBANK FOREX RATES
      376 23 Cross rates June 26 I USS SS MS Dm Yen SFr AS NZS USS 1.7705 2.7845 1.7975 138.30 0.6143 1.5530 1.3038 1.7331 SS 0 5648 1.5727 1.0152 0.7811 0.3469 0.8772 0.7364 0.9789 MS 0.3591 63.58 0.6455 0.4967 0.2206 0.5577 0.4682 0.6224 Dm 0.5563 0.9850 I 5491 76.94
      376 words
    • Article, Illustration
      Lock icon Beijing could issue Eurobond — at a price
      504 23 Beijing could issue Eurobond at a price Reuter LONDON Debt issued by the People's Republic of China in European bond markets might be acceptable to the authorities, but would incur steep costs and arouse scant interest among Western investors, sources say. "If China is willing to pay up then a
      Reuter  -  504 words
    • Article
      FINANCIAL FUTURES
      1192 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.47 93.47 93 46 93 46 5300 ***** 4500 Dec 91 92.87 92.87 92.85 92.86 3200 ***** 3772 Mar 92 92.71 92.73 92.71 92.72 950 8301 1275 Jun 92 92.32 92.32 92.31 92.31 80 1151 210
      1,192 words
    • Article
      MONEY MARKET
      536 23 Interbank rates S$ Bid Offer Overnight 5 1/8 5 1/4 1-month 5 3/4 5 7/8 2-month 5 7/8 6 i 3-month 6 6 1/8 i Overnight mode: 5-3/8 ISS Bid Offer 7 days 6 1/8 6 1/4 1 month 6 6 1/8 2 months 6 6 1/8 3
      536 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon US natural gas producers face mergers, asset sales
      297 24 Reuter HOUSTON US producers of natural gas, stung by falling prices, arc bracing for another round of mergers and asset sales. "I think we're heading for some consolidation," said George Gaspar, analyst with Robert W Baird and Co. "There's no question it
      Reuter  -  297 words
    • Article
      Lock icon Iraq may sell gold reserves to rebuild economy: consultant
      192 24 Reuter i VIENNA Iraq may sell some of its gold reserves to help rebuild its economy once United Nations sanctions are lifted, a gold consultant said on Tuesday. But Timothy Green, consultant to Gold Fields Mineral Services Ltd, told a Financial
      Reuter  -  192 words
    • Article
      Tin, rubber ease while gold, palm oil rise
      827 24 REPORTS THE PRICE of tin slipped one sen to M$ 15.40 per kg on the Kuala Lumpur Tin Market yesterday in spite of reports of lower stocks on the London Metal Exchange. Traders said the market tone, however, appeared to have steadied
      827 words
  • Article
    PRICES
    1444 24 Rubber June 26 MS (tob hi bait*) S cents/kg Noon Close Int I RSS Prompt 145.75/146 75N 145.75/146 75N Int I KSS July 91 147.25/147.75 147.25/147.75 Int I RSS August 148.50/149 00 148 50/149 00 Int 2 RSS OP 145.00/147 OON 145 00/147 OON Int 3 RSS OP 143.50/I45.50N
    1,444 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1509 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/3773 FAX: 734-4982 IN THE MATTER OP THE COMPANIES ACT, CHAPTER M AND IN THE MATTER OP ASIAPAC P.ARUO (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of ASIAPAC FAROO (SINOAPORE) PTE LTD. duly convened and held at 106. Middle Road *07-02. Bright
      1,509 words
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      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
    1035 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu MaM GA975 1300 GA894 2340 SQ103 0950 SQ104 0830 GA887 1225 MH605 1020 MH670 0950 C/vtoq SQ105 1050 MH/SQ670 0950 H4MUNM lyus MH607 1130 SQ106 1045 JUUU sy 107 1305 Amsterdam SQ23 0700 KL834 2240
    1,035 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Haven for flower children's heirs
      753 25  -  POSTCARD FROM GUATEMALA By Shirley Christian UNDER the dry, penetrating sun of the Guatemalan highlands, a jewelry maker from Berkeley strung heads, a South African draft dodger dug into a plate of waffles and a young woman from London seasoned a broeeoli and tomato salad.
      753 words
    • Article
      MONEY CHANGER RATES
      155 25 As at 3pm yesterday: l/ical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.352 1.367 Canadian dollar 1.538 1.553 N7 dollar 1.010 1.040 Sterling pound 2.8710 2.8910 US dollar 1.7610 1.7760 I>ocal dollars to 100 units of foreign currency Austrian schilling 13.85 14.85
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      91 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June 25-29 International Brtislava. Incheba Company *****1 111 July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Chemical Fair t'zechoslo- Limited Equipment. vakia Technology July I Kuwait Hilton Asian Investment **********8 Services lor Opportunities In International: Conferences Informatic
      91 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      38 25 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 for details. We know Kunipe thmn Ui Kinnish.
      38 words
    • Advertisement
      Page 25 Advertisements Column 2
      218 25 Ivj ]'i I! 13 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 33.6" Assoc humidity 60% Minimum temperature 27.6° Assoc humidity 83% Hours of sunshine 7.95 Rainfall in mm Nil Rainfall this month 94.9 Rainy days this month 7 World forecast Asia-Pacific Ili/I/)* (ond. j
      218 words
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      Page 25 Advertisements Column 3
      26 25 secrets) C SHANTHENI gets Singapore J men and women to share their J j feelings in our Couples series. I The latest news and much more.
      26 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      256 25 1 Deserted hollow (5) mmm hhJ 8 Singers in ehurch knocking B back port WM MM Up 9 Garbo, the clue to this piece of jewellery (5-4) 11 |Hp 2 I 11 Near dark, but not quite 12 Fabulous number of pecu13 None put out the light (4) 16 8
      256 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      20 25 Afte. Sis-refc— fvr once... NU^SE. HQT PcGjluvJC?] \JW£- T £J\' 7l J 7£€aSON.. SiWSSi'cSS^*, *mFigF\ ■UJSj w-tif 'ttSET V &*<^64SS
      20 words
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  • Article
    Lock icon Tokyo to probe alleged Nomura share manipulation
    413 26 Two top broking firms linked to organised erime Reuter TOKYO Japan's Finance Ministry, fending off criticism of its cosy ties to stock brokerages, said yesterday that it would investigate possible share price manipulation by the country's largest brokerage. Finance Minister Ryutaro Hashimoto also
    Reuter  -  413 words
  • Article
    S'pore Poly launches 3-year financial trading course
    248 26  -  By Kooi Cho Teng SINGAPORE Polytechnic, responding to the needs of the financial industry, has launched a three-year course in financial trading for "O" level school leavers. Potential employers such as money broking firms, banks and securities firms have shown keen interest in
    248 words
  • Article
    Sade-DFS to re-bid for Terminal 2 concessions
    372 26  -  By Hong Lee Tiam SADE-DFS will re-bid for all six concessions that it gave up at Changi Airport Terminal 2 on May 31. BT understands that the partnership between Singapore Airlines Duty-Free Emporium and San Franciscobased Duty Free Shoppers could not continue carrying
    372 words
  • Article
    Lock icon Do Muoi elected new party chief in Vietnam
    272 26 AP Reuter BANGKOK Communist Party general secretary Nguyen Van Linh and other top party leaders were replaced at a party congress yesterday, Japan's Kyodo News Service reported. Seven of the 12 members of the party Politburo, which Mr Linh headed, resigned at
    AP; Reuter  -  272 words
  • Article
    UN Edifact likely to give added boost to Asia-Pac trade
    186 26 AS MORE Asia-Pacific countries adopt the same United Nations standards for electronic data interchange. intra-Asia-Pacific trade which has been on an uptrend will be given an added boost. This is because UN/ Edifact (United Nations Electronic Data Interchange for Administration.
    186 words
  • Article
    Lock icon British tax inspectors raid Nissan offices
    103 26 Reuter LONDON lax inspectors raided offices of the private company which distributes Nissan cars in Britain, looking tor documents in what the Inland Revenue said was the largest ever such search. About L*s officers were involved in raids on 1.1 locations yesterday, including the
    Reuter  -  103 words
  • Article, Illustration
    The strategy to go Afta
    655 26  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent THE IDEA of an Asean Free Trade Area (Afta) is nothing new. That it is to be seriously considered at the highest levels of the grouping is. and the development is significant.
    655 words
  • Article
    Hongkong government denies postponing airport tenders
    351 26  -  From Catherine Ong in HONGKONG UNCERTAINTY continues to surround Hongkong's controversial airport project following yesterday's denial by the British colony's Chief Secretary. Sir David Ford, that tenders due at the end of this month have been postponed. A day after Governor David Wilson warned
    351 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      156 26 Nikon The World's Finest Photographic Systems For once, copiers that give you I t DC 7085 u copies and a facsimile. Mita copiers A revolution in the fast paced business world of today Making copying so versatile So easy With its highly occlaimed GOLD MEDAL for the highest possible satisfaction
      156 words
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      Page 26 Advertisements Column 2
      187 26 Nikon The World's Finest Photographic Systems ii CO-ORDINATED MARKETING I in the I INTERNATIONAL ARENA li n J j Date: Friday 28 June 1991 i Time: 12.00 to 14.00 Place: Raffles Country Club (map will be faxed on request) J Presentation by: Don Hutchings J Project Director for New Zealand
      187 words
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  • SHIPPING TIMES
    • Article
      TWRA lowers currency surcharge for S'pore, Japan
      377 27  -  By Selva Kumar THE TRANSPACIFIC Westbound Rate Agreement (TWRA) will, from next month, lower its currency adjustment factor (CAF) surcharges for cargo destined from North America to Singapore and Japan. The surcharge for Singapore will be reduced by one percentage point to 7
      377 words
    • Article, Illustration
      Lock icon Cause of Lauda Air crash still being sought
      509 27 AP VIENNA A month after a Lauda Air jetliner crashed in Thailand, killing all 233 people on board, experts are still looking for a cause. An airline official says a definite answer could be weeks off. Theories abound. The latest said lithium
      AP  -  509 words
    • Article
      Lock icon Texaco studying costs of building US ships
      207 27 Reuter NEW YORK Texaco Inc said it was doing a feasibility study on the costs of building new US ships to comply with the Oil Pollution Act of 1990, which requires double hulls for tankers trading in US waters. "We've asked them (US
      Reuter  -  207 words
    • Article
      Lock icon Sales of domestic cars and light trucks in the US fall 2.4pc
      623 27 NYI DETROIT Sales of domestically made US cars and light trucks fell 2.4 per cent in mid-June, but the decline did not dampen hopes that the car market is recovering. The nine US and Japanese car makers that
      NYI  -  623 words
    • Article
      Lock icon Charter firm willing to fly S'poreans to Phnom Penh
      388 27 AFP SINGAPORE A local company operating a weekly charter flight to Phnom Penh aimed mainly at foreigners will fly Singaporean businessmen there if they have approval of the Singapore authorities, a senior company official said on Tuesday. Patrick Ho. operations manager
      AFP  -  388 words
    • Article
      Lock icon Shenzhen airport to push for Taiwan landing rights in China
      216 27 Reuter HONGKONG A new airport due to open in southern China next year plans to urge the Beijing government to grant private Taiwan airlines landing rights in China, the airport's general manager said on Tuesday. "We will propose to the
      Reuter  -  216 words
    • NEWS SUMMARY
      • Article
        Port obstacles to export growth
        37 27 BRAZILIAN exporters are losing their competitive edge due to a lack of efficient ports. James Brooke reports on the complex web of problems that Brazilian ports have become entangled in Page 2
        37 words
      • Article
        Strike paralyses Cameroon's main port
        64 27 A GENERAL strike on Tuesday paralysed Cameroon's main port and several other key cities, but the political capita] Yaounde was hardly affected. There were scattered reports of violence on the first day of an indefinite stoppage called by opposition parties demanding a national conference with
        64 words
      • Article
        Tokyo car makers to help scrap cars
        37 27 JAPANESE automakers and car importers say they will pay the fees to transport and scrap abandoned cars beginning on July 1, according to the Japan Automobile Manufacturers Association Back Page
        37 words
      • Article
        Lloyd's raises marine insurance rates
        43 27 HOPES for a return to profitability in the Lloyd's of London insurance market have risen amid indications that the market's underwriters have been able to push through increases in marine insurance rates over the past month Back Page
        43 words
    • LOG BOOK
      • Article
        PSA lifts berthing guidelines
        69 28 SINGAPORE The Port of Singapore Authority has lifted the guidelines for the berthing and unberthing of licensed port limit tankers at berths K3O to K34. The change, which became effective from June 22, is because a portion of the road link from the main island to
        69 words
      • Article
        Two cargo ships for bananas
        54 28 LONDON Britain's biggest banana importer Geest pic said it had entered into long-term charter agreements for two refrigerated cargo ships. The vessels, each with a cargo capacity of 600,000 cubic feet, will be built by Danyard A/S of Denmark for delivery in 1993 and cost
        54 words
      • Article
        Ten killed in Seoul accident
        63 28 SEOUL Ten people died and more than 40 were seriously injured yesterday when a truck smashed into a bus in the southern port city of Pusan. South Korean police said. The 11-tonne truck skidded off a main road and smashed into a church bus carrying
        63 words
      • Article
        Fewer Japanese ship contracts
        34 28 TOKYO Japanese shipbuilders concluded export contracts for 12 ships totalling 816,340 gross tonnes in May, down 41.3 per cent from a year earlier, the Japan Ship Exporters Association said yesterday.
        34 words
      • Article
        Strike paralyses Brazilian port
        67 28 RIO DE JANEIRO A five-day-old pay strike by 1,500 workers has paralysed the important Brazilian coffee shipping port of Vitoria, a union spokeswoman said. Two ships are sitting in the port waiting to unload and another 15 are in the bay waiting to dock, she said.
        67 words
      • Article
        Soviet fishermen defect
        64 28 TORONTO Eleven Soviet fishermen defected to Canada on Tuesday from a fishing ship anchored off the Atlantic coast at Corner Brook, Newfoundland, police said. A total of 21 Soviet fishermen have now defected since four factory fishing ships came to buy cod and herring from local fishermen
        64 words
      • Article
        Neste division in tanker venture
        56 28 HELSINKI Finland's Neste Oy said in a statement its Neste Shipping division and privately-owned Hollming Oy Shipping agreed to operate jointly specialised chemicals tankers in a pool from January 1992. The venture, called Crystal Pool, would consist of ice-strengthened, double-hulled tankers ranging in size from
        56 words
    • Article
      DAILY FREIGHTS
      1202 28 THE DRY cargo freight market on Tuesday saw the long awaited start of Soviet chartering while rates were generally fairly steady, brokers said. A 28,000 long ton cargo of wheat/barley was fixed by Soviet charterers Sovfracht from Vancouver to Nakhodka for U5527.50 and there were unconfirmed reports of
      1,202 words
    • Article, Illustration
      Lock icon Port obstacles to export growth
      1233 28  -  Brazilian exporters are losing their competitive edge due to a lack of efficient ports. James Brooke reports on the complex web or problems that Brazilian ports have become entangled in James Brooke NYT THE NUMBER of containers handled in Santos, Latin America's largest port, tripled
      NYT  -  1,233 words
    • Article
      COCKETT BUNKER MARKET REPORT
      852 28 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      852 words
    • Article
      THE SHIPPING GUIDE
      12432 36 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a
      12,432 words
    • Article
      SHIPPING AGENTS
      3328 41 A.BC C ontainerline NY: Belsin Shpg Agencies Pte Ltd (SVVlarine Handling Sdn Bhd (PK/PN) Accord <iroup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business orpomtion Philippine: Calsourve Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,328 words
    • Article
      COURIER SERVICES
      252 41 Abacus Couriers Tel: 545-8011. Fa*: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation 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 A
      252 words
    • Article
      AIR FORWARDERS
      1527 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aeroiink Freight International Tel: 545-8033. Fax: *****05. Aeraspeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,527 words
    • Article
      PORT CONDITIONS
      1217 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
      1,217 words
    • Article
      AIR FREIGHT SCHEDULE
      464 42 ARRIVALS I DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK NCA KZ203 B747F 1930 1 NRT SIA SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345 I SEL/MNL
      464 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      559 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING Udotor tankers The Happy Tine: 130,363 dwt and built 1974, sold within Norway at about US$l2.6 million. The Bertina: 65,979 dwt and built 1982, sold on subjects to Singapore buyers in the region of US$23 million. Tankars Phillips Oklahoma
      Reuter; AFP  -  559 words
    • Article
      CRUISE & FERRY SCHEDULES
      352 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Porta of Calls Port Ageat JUNE 27 27 Andaman Princess 1100 1600 Cruise-To-Nowhere Lines Int Holding 28 28 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 28 28 Andaman Princess 1500 2000 Cruise-To-Nowhere Lines Int Holding 30 30 Orient
      352 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        598 43 Vend Voy No Berth Arm* Departwe I Vessel Voy No Berth Arrive Oep*ti*e Keppei Wharves Jurong Port Kota Pusaka £903 K31 Jtoflgs.de 2606/1500 Algemb JU atongside 27 06/2300 KotaWangi E 897 K32 atongside 0107 0600 Bangkaia RCS/90 J9 alongside 26 06/2300 Orient Sun 01 (P) K29 alongside
        598 words
      • Article
        CONTAINER SCHEDULE
        1211 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booiunf/Biance Rsfts Shp Voy No Etb/Btr Period From To From ACX Oasy 15 28/0700 2 26/1700 27/0659 27/0900 3 27/0700 27/1159 27/1400 Ana Bhum 502N 28/1800 1 26/1500 26/1659 26/1900 4 27/1200 27/1459 27/1700 Mirqab 56 28/0815 2 26/1700
        1,211 words
      • Article
        IN MALAYSIAN PORTS
        200 43 fOWQrf rOn Berth: 1: Jenwm; 2; Bunga Geiang; 3: Ava. Pernas Proton; 4: Xing Su Hai. 5: Sanko Laurel; 6; Ikan Seiangat 01 jetty: Vrtyuyusk. Bom Han. DCJ: Hotoku. Out on June 26: Grigony Ordzmomktdze. Seraya. Kris Maruh. Bunga Mas. Hati Baik, Barge Et Offshore. Due on
        200 words
    • Article
      Lock icon Strike paralyses Cameroon's main port
      228 44 Reuter YAOUNDE, Cameroon A general strike on Tuesday paralysed Cameroon's main port and several other key cities, but the political capital Yaounde was hardly affected. There were scattered reports of violence on the first day of an indefinite stoppage called by opposition parties demanding a
      Reuter  -  228 words
    • Article, Illustration
      Lock icon Japanese car makers to help scrap abandoned cars
      375 44 NYT TOKYO Japanese automakers and car importers say they will pay the fees to transport and scrap abandoned cars beginning on July 1, according to the Japan Automobile Manufacturers Association. Local governments now bear the cost to move and scrap cars whose
      NYT  -  375 words
    • Article
      Lock icon Salvagers say they've found 1852 shipwreck
      262 44 AP LOS ANGELES Salvagers announced on Tuesday that they have discovered the wreck of the sidewheel steamer Atlantic with an experimental 19th Century submarine atop it in Lake Erie. The Atlantic, running as a floating casino, went down on Aug 20, 1852, after colliding
      AP  -  262 words
    • Article
      Lock icon Air Inter traffic seen returning to normality
      198 44 AFP PARIS Traffic of French domestic carrier Air Inter was expected to return to normal yesterday, following a 24-hour strike on Tuesday by part of the company's pilots and flight engineers. But one of the unions pushing the protest threatened to file a
      AFP  -  198 words
    • Article
      Lock icon Lloyd's raises marine insurance rates by 20pc
      368 44 FT LONDON Hopes for a return to profitability in the Lloyd's of London insurance market have risen amid indications that the market's underwriters have been able to push through increases in marine insurance rates over the past month. Lloyd's was expected yesterday to
      FT  -  368 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      190 27 SSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14J5PQRE 2263 FAX: 861-2946 TEL: 661 -5855 (5 LINES)Ktf\ Soto Apani TLX: RS ***** SHMCPU Commercial Cleaning Equipment Industrial Maintenance Equipment Also buy,sell rental repair m ipi i j J Hi r©P m mWm k M > i i i
      190 words
    • Advertisement
      Page 27 Advertisements Column 2
      51 27 A* Forwarders 15 Air Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 2 Info to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 St»psales/Tanker Rates 16 SNps in Port 17 Singapore Tides 17 Weather and Sea Conditions
      51 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      75 28 APPOINTMENT 1 rtoijjiummniuufi The appointment is with an established Singapore office. The ideal candidate will have a Master's Certificate and will have had previous experience in all aspects of day-to-day ship operations in dry cargo sector. Considerable emphasis will be placed on communication skills and commercial awareness. Brief but comprehensive
      75 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2277 29 :==r m= AMVIVA 200 Cantonment Road #12 05 Southpoint. Singapore 0208 \lllfr fel *****11 TELEX NO RS 241/') ■vcmmvi terminal,cfs th *****18 220 BOOKINGS Tel *****34 258 L Vfflf M PCSAKA JARDINE SHIPPING AGENCIES SON BHD KELANG TEL *****18 TELEX NO MA*****/MA***** w pf N ANG TEL *****4 TELEX NO
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      915 29 MUX TOfIDVDfIISERS Page C'oJ Page Col A 1 M ABC Containerline 12 I Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5 Aeropak Express 9 5 Macoline 18 3 APL 5 3-5 «Maersk Line 3 4/5 APC Line 13 5 ®MISC 14 1-3 ASCL 5 1 M'sia
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      Page 29 Advertisements Column 3
      1897 29 K3IMW TWO SAILIN6S PER WEEK TO NORTH ASIA SINGAPORE/HON6 KONG 4 DAYS ETO WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/KOBE 7 DAYS Vmml Voy ETA I ETD "Port 'Penang DESTINATIONS Singapore Kelang Ttut Mat MagMby Maersk 9106 Faador by cv 2/7 oaoo hrs m pimo HHH CFS 1/7 nm MRS OAK LOB
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      1221 30 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP IE HAVRE THAMES 06/325 30/6 17/7 19/7 22/7 23/7 LA SEINE 19/126 4/7 25/7 23/7 22/7 IgfekSAUj BREMEN EXPRESS 03/326 7/7 24/7 26/7 29/7 30/7 1. Mi. IKSTBOVND P. HONGKONG EXPRESS 02'127 11/7 1/8 30/7 29/7 KELANC PCJIAN6 CARGO KAGA 19/327 14/7
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      Page 30 Advertisements Column 2
      687 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 3/7 15/7 17/7 23/7 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 3/7 5/8 6/8 11/8 12/8 Agents .l|||« SINGAPORE: *****11 if Jardine
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      1631 30 JUW* REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOV SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9116-3 30/06 18/07 19/07 22/07 23/07 24/07 25/07 26/07 2«/07 NORASIA SHARJAH 9117-3 05/07 28/07 30/07 31/07 01/08 02/08 03/08 04/08 05/08 NOR
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      2195 31 Steamers Maritime Holdings Ltd 1 W gf PfrO ffM STRAITS SHIPPING l' 3 Stofapori to BrwMi, East Malaysia, Containers mLm lAMikllallii3AKUAiii2laUrilkiill3kiyaluaMßH 0 v Voy No -fftn/ ♦-Phi Spore Alg Sou Ant Rot Hb( CH lIC* MMtSft 910* 22 M 24, Of 21 Of 11/07 14/07 15/07 17/07 ACCIfTJ M SMS
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      2429 31 W& Ulifc Jlfr >■4 TO: U.S.A./PANAMA FM: U.S.A./PANAMA fssh wot _sr 01* cja cm toa siv won wrc «sa,w>T wyc now si» cm igb oik sr sTstMrnd ffi?'j n,« m/j i*-i «i to i il l ii/i tom »w»i« w» in i s 10/» w/s t'<» ?»<* 21 i *>,«
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      388 31 w77M7mw^wFrrmfTSf!rnjßTS^ laliiH'iliii'liii STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA N UiOVA OSAKA SENBOKI COSMIC LEADER V 2 ETA SPORE 7/7/91 ETA PK 10/7/91 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime I SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN CT SAMAT
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      656 32 Mbmmj CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOT SPORE ROAM ADAM HBURG BflfMfN ANTWERP MATARAM 29W8 22 6 22 7 21 1 31/7 3/8 SRIWIAt* 32*8 1 4 8 3 9 9 9 12 9 14 9 XUTAI 23*8 25/1 26 9 MO 610 10 10
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      1128 32 J£ HANJIN SHIPPING Spore IIEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LGB OAK HANJIN OAKLAND 013* 30 *****9 20 7 20/7 22 723 7 HANJIN SINGAPORE 002E 1/7 DIRECT 22/7 25/7 HANJIN HAMBURG 006W 7 7 25 7 26 7 27 7 27 7 29 7
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      1427 32 -If i J.]J, iqqim IPKL SGP WG KSG KLG PUS f*T 0» NGY SMZ TYO LAX C* BAL NIC LW ANN ROM TW *G PSO OB PKL SGP I E GRAM) RE 036 26,6 In Pt 2/7 J/7 5/7 »/7 10/7 12/7 13/7 14/7 15/7 26 7 7,1 9 8
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      2168 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 mm AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE *****48 CFS: K27 IMPORT: *****69/*****50 NEPLINE SON BHD MALAYSIA K L (03)
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      Page 33 Advertisements Column 2
      1239 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EfISTBOIINP -DISCHARGING WESTBOUND IQADftG TRANSHPPED VIA ROTTERDAM I WSSEIS VOY pi lid i HKG vor TsiS
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      Page 34 Advertisements Column 1
      1941 34 f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) MjK W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I m 4 M MALAYSIA "K" UNE MARITIME (MALAYSIA) SON BHD 1 JL MmJt JL X MZJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD
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      1328 34 ym PHILI ORICNT UN€S PTC LTD 108 ROHINSON ROAD »07 00 OMCi BUILDING SINGAPORE 0106 TEL *****22,**********1800 TELEX RS ***** PHILI KAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OI SINGAPORE FREIGI IT FORWARDERS ASSOCIATION wjw 30 JUN DUBAI DAMMAN. SHARJAH DOHA JXPS.
      1,328 words
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      Page 35 Advertisements Column 1
      1454 35 SSggPfi/ PACIFIC INTERNATIONAL LINES (PTE) LTD B m UKK pil Building, 140 Cecil Street »0300, Singapore 0106. Jakarta "1 [bangkok 1 VESSEL VOY SIN JKT SIN EQUATOR MAS 09N 30/6 2/7 7/7 «,°,I fym SF/5 a/7 miiiAA tpqatai mi -»n,a 2/7 7/7 KOTA BINTANG 9119 27/0 30/6 3/7 Jr, o,T
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      Page 35 Advertisements Column 2
      1005 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunga Pe>mai' 208 27/6 12/7 13/7 15/7 16/7 Toyama+ 206 28/6 20/7 21/7
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      Page 35 Advertisements Column 3
      442 35 M MYANMA P& HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen PGdj AVA VIO9W In Pt Sid MYOMAYWA VI 36*1 27 Jun PINYA VUSW 27 Jun PAGAN YI72W 6/8 lui MAGWAY V2IW 9/11 Jul 12/14 JU THE BANK LINE (A Mrvlc* of Andrew W«lr Shipping)
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      Page 38 Advertisements Column 1
      812 38 TO AUSTRALIA/NEW^ZEALAND YSL Sm Frtm M*4b Syd Auck NW P CHALM MTMCtKN 273 T1 7/7 12/7 IS 7 23 2*l 7T? DfIODB 274 20 7 2« 7 T1 5 1 H i 14, S MARTHA I 27i t 12.1 16 I 1» I 24 I 27 1 2» I lLuiniuoiG™27r"
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      Page 38 Advertisements Column 2
      804 38 OUTBOUNO VOY PNL PNG JKT SInThKGKAO KEE IYO SM2 NGO KOB VESStI VOY 'SIN |PKI PNC BLW SIN ACX DAISY 15 29 6 **24 6 2SJ 5_7 17 107 117 ACX DAISY 15 28 29 i ACX lIV 129 *21 6271" 2 7 ~~67 8 7 12 7 13 7
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      Page 38 Advertisements Column 3
      197 38 y~P~T~ PERUSAHAAN PELAYARANI I VP® KALIMANTAN DIRECT WEEKLY SERVICE TO I JAKARTA/TG. PRIOK I Vessel ETA/ETD DESTINATION I NIAGA 42 Voy 10/91 26/27 Jun Jakarta/Palembanj I 1 NIAGA XXI Voy 14/91 29/30 Jun Jakarta, Palembanj NIAGA XXII Voy 15/91 3/4 Jul Jakarta Palembant I NIAGA 42 Voy 11/91 6/8 Jul
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      Page 38 Advertisements Column 4
      1506 38 tiH W "W 1 W- CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2, MtSTRI ROW). HMC BUILDING TEL: #15 00, SINGAPORE 0207 TELEX: RS 2M30 COSHW CR NO **********0 M FAX: *****6* CABLE: COSTARLINE General Agents: OOSTAR SHIPPING PTE LTD VtSSEI/VOY SGP WG !M HI w Ml QW VtSStL/VOY
      1,506 words
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      1151 39 UKC CONVENTIONAL SERVICE V»s»el PKL PNG PS. Loading lot A VESSEL 28 06 Rotterdam Antweip CHINA FULL CONTAINER SERVICE VtJWi SGP PKL BKK HKG QIN SHA VANGf ANGKOU 153 05 7 OJ/7 0»/J 15/7 U/7 "ANGFANGKOU 155 05 8 03 S 09 8 15 8 18 8 Uw acitptmf C|o
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      Page 39 Advertisements Column 2
      445 39 MARINE AGENCIES |S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ANDiNET 24W8 02 08 DARESSAi AAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 26W8 02/09
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      Page 39 Advertisements Column 3
      631 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ET* CM £1* SPORE PORT KEIANC PENANG Biut lAM 5/7 loading tor Male IRUVAI HUDHU 2/7 Loading tor Calcutta 001PHN 3/7 loading For Ma<« PIONEER SUPtEI* In Pt Loading For Ma« DONAKUIHI 15/7 Loaded For fctawu PROGRESS IBERTY In Pt loading *or
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      Page 39 Advertisements Column 4
      836 39 SYDNEY/MELBOURNE BANGKOK ||<KgL |wt mm $to m lutia Ivor smunm wmm I PIAKTA 1050 5-6/7 18-20/7 22-24/7 MAHA BHUM# 63N IN PT 27/6 Sji 30/6 I PITA BHUM 1106 20-21/7 2-4/8 6 8/8 NORQBEACH 01N Sal 29/6 Mon 17 I PIANETA 1251 5-6/8 18 20/8 22 24/8 DEM BHIM#» 16N
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      Page 40 Advertisements Column 1
      1153 40 STORE IMPORT: *****02 j PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 f P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS COLOMBO/S. AFRICA SIN PtN p SIN Colombo 28/6 29/6 30/6 47 5 7 Ldn Flx/RdmAnt Durban/Pt Louis 5/7 6/7
      1,153 words
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      Page 40 Advertisements Column 2
      375 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH &i PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHI'RCII, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK ITT MAHSURI 0598 29 Jun 7 Jul Via NPI 9
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      Page 40 Advertisements Column 3
      770 40 THONG SOON LINES PTE. LTD. H 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 leta Ipest VESSEL voy ETA BEST KIM SOON LI
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      Page 40 Advertisements Column 4
      416 40 AN FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. POUTS FREQUENCY MTH ETA SIN TRANSIT TIME AUCKLANO 3 SAILINGS 30 06 14 DAYS BANGKOK 4 SAILINGS 03/07 3 DAYS CWTTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SAILINGS 08/07 5 DAYS DUBAI (UAE) 3
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      84 42 FOR BITS AND BYIISL Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      84 words
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      137 42 UP' LIVING IT *3 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
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  • Page 43 Miscellaneous
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      309 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUt 0000 0100 0200 0300 MOO 0500 0600 0700 0800 ******************************00 **********00 ***************0 JR 28 2.4 19 1.4 10 0.7 0.5 06 0.7 1.2 i.7 2.0 2.2 22 2.0 1.6 1.3 1.1 1.1 1.3 16 2.2 2.7 3.0 PP 28 2.4 19
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      Page 44 Advertisements Column 1
      786 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEBT TO PACIFIC WORTH-WEST feeder vot h wt mi lic mm vot taw oak se* m hau. vot tcm/sea ptl NAN HM 202 022 30/0 C 01/07 03/07 H. CHALLENGER 43C 29/07 01/01 04/07 TRANSWOM.D
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      Page 44 Advertisements Column 2
      165 44 ■l.ijij|, M PASIR GUDANG SINGAPORE CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR QUOANQ SINGAPORE HOT ETA 2100 UK LTD 0700 KB ETA 1300 «S OUS 28 6 012$ 1/7 2/7 2/7 013S 5/7 1/7 S/7 OUS 1/7 S/7 S/7 015S 12/7 13/7 13/7 01($ 15/7 lt/7 If/7 017S 19/7
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      581 44 ICHARTPOINTI Every Saturday in Business Times NOTICE M.V. "SUN RUBY" Voy. 1 Arr'd Singapore 10.6.91 -JUPITER ACE" Voy. 1 Arr'd Singapore 11.8.91 Consignees of all damaged cargoes ex the capUoned vessels are hereby noUfled that a general survey will be held on the 28th June 1991 (Friday) Paslr Panjang at
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