The Business Times, 10 July 1991

Microfilm: NL17605
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, July 10, 1991 75*
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  • NEWS SUMMARY
    • Article
      Drop in Americans' standard of living: report
      73 1 WASHINGTON Americans' standard of living declined in 1990 for the first time since the last recession nine years ago as US standing among industrial countries continued to lag, a commission reported yesterday. The report also found that for the third year in a
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    • Article
      Japan to give 70b yen more to Gulf War fund
      44 1 TOKYO THE Japanese government decided at a Cabinet meeting yesterday to give an additional 70 billion yen (SSB7S million) to the Persian Gulf War fund for the "maintenance of post-war stability in the region".
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    • Article
      Quay investments
      26 1 A COMPANY associated with the Shankar's Emporium group will sink almost $200 million into developing three projects at Robertson Quay by 1998 Page 2
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    • Article
      AFC ineffective: banker
      33 1 THE 10-year-old Asean Finance Corporation has fallen short of its objectives and expectations as it has been too cautious and conservative in its operations, says a Malaysian banker Page 7
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    • Article
      Backing for Gorbachev
      40 1 SOVIET President Mikhail Gorbachev has won the endorsement of Russian President Boris Yeltsin and leaders of eight other republics for the economic reform ideas that he will present to leaders of the Group of Seven Page 8
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    • Article
      Fine plan for firms
      25 1 THE European Commission is considering plans to fine staterun companies in the EC which fail to make enough profit Page 9
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    • Article
      Business as usual
      35 1 AS THE WORLD'S main arms exporters sit down to talks in Paris on curbing weapons sales, South-east Asian nations are showing little inclination to rein in their own arms purchases Page 10
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    • Article
      Street revolution
      17 1 FRANCE is making the street sounds of rap and art of graffiti respectable Page 19
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    • Article
      RCL upgrades services
      24 1 THAI-BASED Regional Container Lines has upgraded its South-east Asian services to cater for a rise in demand. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      28 1 WALL STREET stocks were little changed early yesterday. The Dow Jones average of 30 industrials was up 5.36 at 2,967.35 after the first hour of trading.
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    • Article
      Footsie higher
      38 1 LONDON shares were broadly higher at midday yesterday as sentiment was cheered by a gain earlier in Tokyo. At about 1100 GMT, the FTSE 100Share Index was up 23.8 points, or one per cent, at 2,490.6.
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    • Article
      Even chances for CSAH
      26 1 THE BALLOTING for CSA Holdings shares yesterday gave even chances to the institutional investor as well as the small investor Page 3
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    • Article
      First for AMMB
      32 1 ARAB-MALAYSIAN Merchant Bank has made its first overseas acquisition through the purchase of a 49 per cent stake in Singapore brokerage firm Fraser Roach for $13 million Page 3
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    • Article
      Jacks plan rights issue
      20 1 JACKS INTERNATIONAL Ltd has proposed a hefty two-for-one rights issue to raise $20 million Page 3
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    • Article
      Bankers wait and see
      34 1 AMID the current slowdown in the retail market, local banks say they are monitoring local retailers closely but find no need to review their credit lines as yet Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 702.49 +5.94 Kuala Lumpur ....603.22 -1.62 Tokyo 22,608.96 +432.79 Hongkong 3,904.19 +23.46 Sydney 1,538.8 +13.1 Monday Change New York 2,961.99 29.52 London 2,466.8 -17.9
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.7570 100 Yen SS 1.2686 MS SS 0.6305 Money market rates Overnight 2-1/2 -2 7/16 3-month 5-7/8 -1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS369.00 -USS2.35 Rubber S'poreAug... 144.00*/kg -0.25 M'sia Aug 229.50*/kg unch KL Tin Turnover 29 tonnes -12 Spot MS 15.49 /kg +0.05 Crude palm oil Turnover 1,345 lots -339 July MS816 /tonne -4
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  • Article, Illustration
    BAT plans joint venture with Viet tobacco giant
    472 1  -  S'pore-listed firm also looking at Cambodia and Myanmar By Harish Mehta BRITISH-American Tobacco Company (Singapore) Ltd signed a Memorandum of Understanding last month to set up a joint venture with Vietnam's tobacco giant Vinataba. BAT plans to make an equity investment of
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  • Article
    S'pore banks review Indon exposure
    594 1  -  Cautious mood in wake of Bentoel's problems By S N Vasuki INDONESIAN cigarette giant PT Bentoel's financial problems in repaying a US$45 million (Ss79 million) syndicated loan has dampened enthusiasm in Singapore's banking community. "Over the weekend, we reviewed our exposure in the Indonesian market,"
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  • Article
    Lock icon Brokerages admit to higher paybacks
    112 1 AP TOKYO Scandal-tainted brokerages in Japan yesterday acknowledged that they paid favoured clients nearly US$B63 million (S$ 1.5 billion) in compensation for investment losses, far more than had previously been reported. The new revelations were made after Finance Minister Ryutaro Hashimoto told the brokerages to
    AP  -  112 words
  • Article
    Lock icon Taiwan's enthusiasm for overseas investment cools
    315 1 Reuter TAIPEI Taiwan's businessmen, major foreign investors in Asia, are losing some of their appetite for overseas projects as profits sag and investment at home becomes more attractive, officials and economists say. Rising local wages and land costs, an appreciation of the Taiwan dollar
    Reuter  -  315 words
  • Article
    3 months' bonus doesn't mean higher growth
    291 1 DEPUTY Prime Minister Lee Hsien Loong yesterday dismissed speculation that the government's announcement of three months' bonus for civil servants suggests possibly higher economic growth this year. The total pay increase will in fact be less generous than last year's, he pointed out.
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  • Article
    Markets take cue from advances in Tokyo, NY
    194 1 REGIONAL MARKETS registered technical gains yesterday in line with advances in the Tokyo and New York markets. Tokyo's Nikkei Index rose 432.79 points yesterday to 22,608.96, while Wall Street's Dow Jones Industrial Average gained 29.52 points to 2,961.99 on Monday. In Singapore,
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      160 1 Highfashion fabrics from holy Available at all leading tailors Aircraft Schedule 29 Money Changer Rates 29 Weather 29 Commodities 28 Money Market 27 World News 8,9 Cryptic Crossword 29 Regional Co News 4 EJtorial 10 Regional News 7 For market indices, editorial, Financial News 6 Regional Stock Markets 25 advertising
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      Page 1 Advertisements Column 2
      25 1 BT Investment Race: Turn to Page 19 for the third Money Coupon that you need to cut out to join the BT $100,000 investment challenge.
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      Page 1 Advertisements Column 3
      189 1 Lanificio Mario Zbgna_ at leading tailors Curbing credit cards A CREDIT CARD has two burgeoning credit card busisides. So has the contention ness in Singapore. BT weighs that it is time to rein in the the arguments on Pg 11. MUI: allies as rivals THE CORPORATE alliance But the centrifugal
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Ngee Ann Poly gets new Olivetti PCs
        38 2 THE Ngee Ann Polytechnic has installed $500,000 worth of Olivetti M 486 personal computers as part of its programme to upgrade and provide state-of-the-art training facilities for both students and staff.
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      • Article
        RSN's oldest ship calls it a day
        51 2 THE Republic of Singapore Navy yesterday decommissioned its longest serving ship, RSS Panglima, in a ceremony officiated by the Chief of Navy Commodore Teo Chee Hean. The ship retired after 35 years of service and will be transferred to the School of Navy
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      • Article
        Time to show the flag
        62 2 FOR the whole of next month, the display of the state flag will be allowed as part of the National Day celebrations. Organisations wishing to light-up and decorate their offices and premises may do so as well. All lightings, decorations and display of the state
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      • Article
        SAE gets $5m forklift order
        79 2 SINGAPORE Automotive Engineering, which is seeking a listing on the stock exchange, has received orders totalling over $5 million for a newly launched Japanese-made forklift. At the product launch yesterday, SAE general manager Lye Fei, said that the company expected sales from the equipment to
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      • Article
        The bond that binds
        60 2 THERE IS VALUE in sharing appreciation and sentiment for Singapore amongst fellow Singaporeans as it is one of the bonds which holds Singaporeans together, Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong said yesterday. He was speaking at the presentation of the song It's the Little
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    • Article, Illustration
      UOB launches American Gold Eagle coin
      209 2 UNITED Overseas Bank (UOB), in conjunction with the United States Mint, has launched the American Gold Eagle bullion coin in Singapore. UOB has been appointed as the provisional distributor of the bullion coins in this region. The bank is a major player in the
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    • Article
      Soverein to sink $200m into Robertson Quay
      455 2  -  By Sangeeta Mulchand, Sylvia Wong KEEN to cash in on the last of Singapore's riverside sites, a company associated with the Shankar's Emporium group will sink almost $200 million into developing three projects at Robertson Quay by 1998. Soverein Investments, which recently got
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    • Article
      Temasek Holdings sets up two investment companies
      168 2 M, GOVERNMENT investment company, Temasek Holdings, has set up two companies, Koala Investments and Fullertoa Fund Investments. The companies were registered in May and Koala Investments, named after the Australian koala bear, could be the vehicle for any future investments Down Under. Koala
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    • Article
      Four charged with abetting Glenn Knight
      391 2 THE WIFE of former top white collar crime buster Glenn J Knight and three others who allegedly conspired to cheat the executive chairman of listed construction company Lee Kim Tah Holdings were yesterday formally charged with the offence in the Subordinates Court. The four
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    • Article
      EDB training for precision craftsmen
      332 2 THE tool and die and precision machining industry will soon have a training programme to help ease its shortage of skilled craftsmen. To be undertaken by the Economic Development Board (EDB) and the Singapore Precision Engineering and Tooling Association (SPETA), the programme is aimed at
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      110 2 ___S Organizer SHANGHAI FOREIGN ECONOMIC RELATIONS TRADE COMMISSION Exhibitors Shanghai Garments l/E Corp. Shanghai Knitwear l/E Corp. Shanghai Home Textiles 1/E Corp. Shanghai Silk l/E Corp. Shanghai Textiles l/E Corp. Shanghai Stationery Sporting Goods l/E Corp. Shanghai Light Industrial Products l/E Corp. Shanghai Foodstuffs l/E Corp. Shanghai Native Products l/E
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      Page 2 Advertisements Column 2
      301 2 24 kms due west of Sydney's Opera Features such as more than 2,000 House lies Sydney's centre. square metres of extra land for possible It's called Parramatta and, along future development. with being Australia's third largest Central 165 rooms and suites, an a la carte Business District, it's the geographic
      301 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Even chances for big and small investors in CSAH
      592 3  -  By Claire Leow THE BALLOTING for CSA Holdings (CSAH) shares yesterday gave even chances to the institutional investor as well as the small investor. Roughly half of the issue or 56.55 per cent went to those who applied for 499 lots
      Photo by Arthur Lee  -  592 words
    • Article
      Jacks Int'l plans 2-for-1 rights issue
      205 3 JACKS INTERNATIONAL Ltd has proposed a hefty 2-for-1 rights issue to raise $20 million. The funds will be used to cut down its bank loans, borrowings from related companies as well as to provide for working capital. The company said in a press release
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    • Article
      CK Tang revamps corporate line-up for expansion
      339 3 WITH its ongoing expansion, retailer CK Tang Ltd has promoted four senior executives to directors to strengthen its organisation. They are Tang Wee Kit, Gerry Rezel, Alice Tan and Florence Tan. Mr Tang Wee Kit, who is a brother of group managing director
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    • Article
      Lock icon RJ Reynolds unit to make Marlboro cigarettes
      173 3 MBT KUALA LUMPUR RJ Reynolds Tobacco Co (RJRTC) has reached agreement in principle to produce Marlboro cigarettes, currently manufactured by Rothmans of Pall Mall (Malaysia), for sale locally from Jan 1 next year. At the same time, Rothmans and Godfrey Phillips (Malaysia), a
      MBT  -  173 words
    • Article
      Lock icon Khoo braces for corporate battle
      559 3 MARKET TALK Reuter KUALA LUMPUR Six years ago the blight of scandal forced Malaysian tycoon Khoo Kay Peng to leave the running of his diversified Malayan United Industries Bhd (MUI) to trusted lieutenants. But, Mr Khoo, a born-again Christian, is resuming his dominant role in
      Reuter  -  559 words
    • Article
      AM MB buys 49pc stake in Fraser Roach
      302 3  -  By Magdalene Ng ONE OF MALAYSIA'S most aggressive merchant banks, Arab-Malaysian Merchant Bank (AMMB), has made its first overseas acquisition through the purchase of a 49 per cent stake in Singapore brokerage firm Fraser Roach for $13 million. In an announcement to
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    • Article
      Lock icon Innovest explains option to sell PMCW(S) shares
      209 3 MBT KUALA LUMPUR The option to sell Pan Malaysia Cement Works (Singapore) shares would enable the Innovest group to raise additional funds to improve its gearing and working capital should the need arises. Secondly, in the event that PMCW (Singapore) does not complement
      MBT  -  209 words
    • COMPANY BRIEFS
      • Article
        Sime sells stake in Philippine cocoa firm
        59 3 KUALA LUMPUR Sime Darby last week sold its 40 per cent interest in Philippine Cocoa Estate Corporation (PCEQ for 40.24 million pesos, (about 552.5 million), or at 4.20 peso per share, to Benguet Management Corporation. The stake was held through subsidiary Sime Darby
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      • Article
        Petaling Garden unit paid M$22m
        94 3 KUALA LUMPUR Temasya Development Co, the 66.06 per cent subsidiary of Petaling Garden Bhd has announced that it received payment of M 522.18 million pursuant to a compulsory acquisition of a tract of 24.22 acres freehold land by the Lembaga Lebuhraya Malaysia (LLM). LLM acquired
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      • Article
        Stake in Jurong Shipyard raised
        50 3 JURONG SHIPYARD Ltd has disclosed to the SES that on July 4, OUB Nominees Pte Ltd purchased 55,000 shares in the company at a cost of $427,846. OUB Nominees now holds 16.34 per cent of the company's issued capital, compared to 16.29 per cent before.
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      • Article
        Foreign holdings in OUB group
        61 3 OVERSEAS UNION BANK Ltd (OUB) said that foreign shareholdings in the issued capital of the company amounted to about 29.29 per cent as at June 30. In a separate announcement, Overseas Union Trust said that beneficial ownership of the issued capital of the company by
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      • Article
        Metro shares ex-bonus in Sept
        67 3 METRO HOLDINGS Ltd has announced that, pursuant to the company's one-for-three bonus issue, its shares will be traded and quoted ex-bonus on Sept 6. The book closure date has been set at Sept 12. The ex-date has been fixed on the assumption that the shares
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      • Article
        Fund cuts Polytek Wearnes stake
        41 3 THE Singapore Sesdaq Fund Ltd has sold 83,000 Polytek Wearnes Holdings Ltd shares for $64,915.28. This leaves the Fund with 2.69 million shares of Polytek, or 5.795 per cent of Polytek's issued and paid up capital.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      235 3 It's ANA Hotel Singapore for me t roin now on. J I ANA HOTEL SINGAPORE I V. POWER TO NOTE And a notebook of POWER v"; Tandon NB/386sx Introductory W+ serial mouse the NB/386sx includes all the H Microsoft Windows 3.0 ma/n ingredients of Compaq's noNow till Ist August compromises
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        PNB posts record net income of 2.4b pesos
        70 4 MANILA State-controlled Philippine National Bank (PNB) posted a record first half net income of 2.4 billion pesos (Ssls2 million), up 71 per cent from the previous record of 1.4 billion pesos a year earlier, PNB President Edgardo Espiritu said. He said the
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      • Article
        US$20m loan for copper venture
        108 4 TOKYO A group of Japanese, South Korean and Singapore banks have signed a US$2O million (Ss3s million) five-year loan to copper venture Padaeng Poongsan Metals Co Ltd, a spokesman for Long-Term Credit Bank of Japan Ltd said on Monday. The spokesman said the other four
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      • Article
        Taiwan to sell BES shares
        69 4 TAIPEI Taiwan plans to sell a 51 per cent stake in the state-owned BES Engineering Corp to the public within one year as part of its drive to privatise state enterprises, the Commission of National Corporations said. Spokesman Wang Chung-yu said the commission had asked
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    • Article, Illustration
      Lock icon Tri-Petro may look for new partners
      303 4 Iranian and Indonesian partners may change minds on USsB9om refinery project UPI KUALA LUMPUR TriPetro Corporation may seek new partners if Iranian and Indonesian companies cannot renegotiate the contract of a US$B9O million (SSI.S billion) refinery project, oil industries sources said on Monday. Tri-Petro
      UPI  -  303 words
    • Article
      Lock icon Japan's electronics makers building up ties with Viets
      280 4 Asahi TOKYO Japanese con-sumer-electronics companies are cropping up in Vietnam, anticipating that demand will increase over the long term in the country of 66 million people. Victor Co of Japan (JVC), a consumer-electronics manufacturer, sold 200 million yen (SS2.S2 million) in equipment
      Asahi  -  280 words
    • Article
      US chain plans to spend 140m baht to open five outlets in Bangkok
      508 4 BANGKOK AM/PM (Thailand) Ltd, a new US convenience store chain operator, plans to spend 140 million baht (559.53 million) to open five outlets in Bangkok this year, the Bangkok Post reported on Monday. Company president and chief
      508 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      300 4 LIIL lainau vjiuvr I 1 %V i f jmßuawTppy^'»•. i* £j T ,;.4K Mwkt/V' to you that in this day and age, elbows and your hand luggage. Our everything on an aircraft stops for the 2x2x2 Business Class seat configuration "3|i movie, you'll really appreciate our new MD-11 means you're
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon US companies still head Fortune's top 500 list
      758 5 AP NEW YORK US companies again dominated the list of the world's 500 biggest industrial concerns, capturing 164 spots, including six of the top 10, a compilation by Fortune magazine shows. Japan ranked second in the international tally, claiming 111 companies on
      AP  -  758 words
    • Article
      Lock icon NEC and Bull agree on plan to swap stakes
      414 5 Reuter TOKYO NEC Corp and Groupe Bull of France have agreed that NEC will exchange its existing 15 per cent interest in Bull unit Bull H N Information Systems Inc for a 4.7 per cent stake in French state-owned computer company
      Reuter  -  414 words
    • WORLD BRIEFS
      • Article
        Club Med chief expects company to break even
        116 5 PARIS French leisure group Club Mediterranee should at least break even this year, managing director Serge Trigano said in an interview published on Monday. In the fiscal year ending Oct 31 last year, it made a net profit of 395.5 million French
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      • Article
        Preussag sees higher profit
        103 5 ZURICH German engineering group Preussag AG expects its 1990/91 operating profit to increase to 1.35 billion marks (551.31 billion) from a proforma 1990 figure of 1.30 billion. In documents released at a presentation on Monday, Preussag said its cash flow would slip to 1.50 billion marks
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      • Article
        Gamma expects to seal takeover
        81 5 HELMOND, Holland Holland's largest textiles group, Gamma Holding N V, expects to agree with W R Grace Co of the US on the acquisition by Gamma of Grace's Belgian subsidiary, Bekaert Textiles N V. Gamma has given no financial details on the planned takeover, which
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      • Article
        Genetics Institute expects loss
        93 5 NEW YORK Genetics Institute Inc expects to report a second-quarter loss comparable with its first-quarter operating loss. A spokeswoman said on Monday that in the first quarter, it had an operating loss of about US$5.2 million (559.2 million), before a charge of US$ll million for potential
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    • Article
      Lock icon Banks try to keep Brent Walker afloat
      283 5 Reuter LONDON Creditor banks to Brent Walker Group pic were struggling to keep the debt-laden company going on Monday, but said that time was running out. Standard Chartered, head of Brent Walker's bank steering committee, said that the banks continued to work towards
      Reuter  -  283 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      55 5 Mazda929 mm H here is no such thing as easy money. But there are easy decisions. The Mazda 929- $97,300For the full facts and the opportunity to test drive the remarkable 2184 cc Mazda 929 Premium, please contact Mazda Motor (Singaporel Pte Ltd 1 Kampong Ampat Singapore '336 Tel 280
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Citicorp to cut up to 10,000 jobs
        82 6 NEW YORK In a recent meeting with summer interns, Citicorp chairman John Reed said that Citicorp may cut up to 10,000 more jobs, although some of this may be offset by additional hiring, a Citicorp spokeswoman said. No figure for cuts net of
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      • Article
        Tokyo probes small brokerages
        49 6 TOKYO The Ministry of Finance said smaller Japanese brokerages have been under investigation by the tax authorities over compensating clients for losses. "TTie tax authorities are investigating some brokerages other than the Big Four securities houses," said Nobushiko Matsuno, Director-Gener-al of the ministry's Securities Bureau.
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      • Article
        Bank Leu closing 9 branches
        62 6 ZURICH Bank Leu AG, which is owned by Credit Suisse parent CS Holding, said it would close down nine of its 21 branches in the Zurich area. The bank said a study of its activities had shown it needed to adopt a new strategy. Leu,
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    • Article
      Lock icon Japanese led '90 trading on Simex
      200 6 Reuter SINGAPORE Japanese institutions continued to lead activity among international traders on the Singapore International Monetary Exchange (Simex) in 1990, accounting for 31.6 per cent of total trading volume of 5.72 million contracts, the exchange said in its annual report. Japanese customers became the
      Reuter  -  200 words
    • Article, Illustration
      Bankers comfortable with retailers' credit lines
      421 6  -  By Quak Hiang Whai SINGAPORE Amid Ithei current slowdown in the retail market, local banks said they are monitoring local retailers closely but find no need to review their credit lines as yet. Local retailers, especially luxury goods sellers, have been hit hard by
      421 words
    • Article
      Lock icon Abu Dhabi delegation holding talks with Bank of England
      480 6 The BCQ crisis AFP LONDON Banking officials from Abu Dhabi held discussions with the Bank of England yesterday over the scandal-hit Bank of Credit and Commerce International, 77 per cent owned by Abu Dhabi's ruler. There were reports here that the
      AFP  -  480 words
    • Article
      Lock icon Top 15 US banks say they won't be hit by closure
      285 6 Reuter NEW YORK The top 15 US banks said they would not be adversely affected by the closure by regulators in Britain, Luxembourg, the US, Switzerland, Spain, France and the Cayman Islands of branches of BCCI Holdings. Most of
      Reuter  -  285 words
    • Article
      Lock icon EC central bank governors put off election of chairman
      322 6 Reuter BASLE, Switzerland EC central bank governors have put off election of a new chairman to their next meeting in September, Bundesbank president Karl Otto Poehl said. "We decided we would not elect a new chairman today because two of our
      Reuter  -  322 words
    • Article
      Lock icon Biggest Aussie float likely to get lukewarm response
      341 6 Reuter SYDNEY Commonwealth Bank's A 51.29 billion float, the largest in Australian corporate history, is likely to receive a solid but lukewarm response from local investors, analysts said. The bank, smallest of the "Big Four" Australian banks with assets of $90 billion,
      Reuter  -  341 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      129 6 BRISBANE GOLD COAST PROPERTY INVESTMENT OPPORTUNITIES. Portfolio presentation In Singapore by visiting Australian representative. Broad selection of properties available. Many Australian properties have been heavily discounted in price and the opportunity is still available to buy in a down market, but good property buys are fast disappearing. Buy now to
      129 words
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      Page 6 Advertisements Column 2
      49 6 Results of taxable book-entry Government Bond ■Vf 1991 due 15 July 1993 HH iSMto be issued on 12 July 199ljs|p K Amount Offered Allotted *****,000,000 Interest/Coupon Rate 5.000% p.a. ■{■B on Allotment 5.09% p.a. and 99.830% BBBIbI Cut-off Yield and Price 5.12% p.a. and 99.773% cut-off allotted approximately 10%
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  • THE REGION
    • Article
      Lock icon Asean Finance Corp must be bolder: banker
      464 7 Bank Buruh chief sees need to widen scope Bernama MANILA The 10-year-old Asean Finance Corporation has fallen short of its objectives and expectations as it has been too cautious and conservative in its operations, says Bank Buruh Bhd chief executive Tan Sri Ramon
      Bernama  -  464 words
    • Article
      Lobbyists await launch of 6th M'sia Plan
      465 7  -  Details of finely-tuned policies expected today By Salil Tripathi THE MALAYSIAN business community is expecting the Sixth Malaysia Plan to be presented today to contain finely-tuned economic policies. The plan will give details of how the government will implement the Outline Perspective Plan
      465 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      143 7 PEQUIGNET Because individuals always have the best time. ,3P AN OUTSTANDING ALLIANCE «(SPI» If OF DESIGN AND MATERIAL, %T?\* J THE SAKKARA-WATCH BY PEQUIGNET V> H HAS THE CHARACTERISTICS OF A RARE AND PRECIOUS OBJECT CREATED FOR WOMEN OF EXCEPTION. <?/X&ttii 7 i f F*i ASIA WATCH CENTRE PTE LTD
      143 words
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      Page 7 Advertisements Column 2
      96 7 |<m s i A m V>v >—ai. f Keppel Bank Together We Build Whatever your banking needs, be it financing for your new shares applications, imports and exports, working capital, building projects, office equipment or machinery, or to help you own a better home, save for rainy days, or even
      96 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Gorbachev's G-7 agenda gets republics' backing
      416 8 Yeltsin and eight other leaders voice support AP MOSCOW Soviet President Mikhail Gorbachev has won the endorsement of Russian President Boris Yeltsin and leaders of eight other republics for the economic reform ideas that he will present to leaders of the Group of Seven.
      AP  -  416 words
    • Article
      Lock icon Soviets may get their first bankruptcy law soon
      239 8 AP MOSCOW Soviet lawJ makers has put budding capi-* talists on notice that debt and bankruptcy, as well as profits and growth, will figure into the market economyH they are trying to build. > r The Supreme Soviet legis-: lature gave preliminary
      AP  -  239 words
    • Article
      Lock icon Latest reports dampen hopes of UK recovery
      268 8 Reuter LONDON Hopes of a quick recovery for the British economy faded on Monday as official figures showed that people were still reluctant to spend and to borrow. Two surveys of businessmen also indicated that a recent recovery in confidence might have been
      Reuter  -  268 words
    • Article
      Lock icon More east Germans going to work in western Germany
      410 8 NYT FRANKFURT The number of east Germans who commute to work in western Germany has risen dramatically while the number who are pulling up stakes to move westward has dropped considerably, according to a gov-ernment-commissioned study released on Monday. Both trends
      NYT  -  410 words
    • Article, Illustration
      Lock icon State-run firms in EC with poor profit may be fined
      337 9 Plan seeks to give Commission more bite Reuter BRUSSELS The European Commission is considering plans to fine state-run companies in the EC which fail to make enough profit. The plans, drafted by the Competition Commissioner, Sir Leon Brittan, would extend
      Reuter  -  337 words
    • Article
      Lock icon EC accord on economic discipline
      220 9 AFP BRUSSELS European I Community (EC) countries < committed themselves here t on Monday to programmes I of economic self-discipline i that would cut inflation and < excessive public deficits. Diplomats quoted EC finance commissioner Henning I Christophersen as saying the i agreement was an
      AFP  -  220 words
    • Article
      Lock icon US wants stiff duties on some computer screens from Japan
      241 9 NYT SAN FRANCISCO The US Commerce Department on Monday proposed levying stiff duties on certain computer screens imported from Japan. But it also proposed sparing from such penalties the screens that are most commonly used today. In a closely watched
      NYT  -  241 words
    • Article
      Lock icon US consumer credit falls on lower car loans
      362 9 AP WASHINGTON Americans reined in their borrowing at a one per cent annual rate in May the fifth pullback in six months due to a 14.1 per cent plunge in car loans, the government said on Monday. Analysts attributed the decline to
      AP  -  362 words
    • Article
      Lock icon Japan's June surplus should see another rise
      118 9 Reuter TOKYO Japan's customscleared trade surplus is likely to have continued its rising trend in June, propelled by stroog exports. Several economists said yesterday that on average, Japan's trade overhang for the month was likely to total US$6.9 billion (5512.1 billion), up from
      Reuter  -  118 words
    • WORLD WATCH
      • Article
        Baker to attend Asean post-ministerial meet
        67 9 WASHINGTON US Secretary of State James Baker will travel to Malaysia later this month for talks with his Asean counterparts. US State Department spokeswoman Margaret Tutwiler said on Monday that Mr Baker would take part in the annual Asean post-ministerial conference from July 22
        67 words
      • Article
        Seoul to build F-16s for US
        56 9 WASHINGTON The US Defence Department has notified Congress of a multi-billion-dollar deal that will permit South Korea to produce 72 F-16 fighter-jets under US licence. The deal is valued at U552.52 billion (554.44 billion), not including the commercial contracts expected to be concluded as
        56 words
      • Article
        Expulsions: Cresson gets tough
        81 9 PARIS French Prime Minister Edith Cresson has said her government is considering special charter flights to ensure that people ordered out of France leave the country and has vowed that illegal immigrants will not escape expulsion. *1116 current (expulsion) system does not work," she told a
        81 words
      • Article
        Iraq admits having nukes plan
        92 9 WASHINGTON Iraq now admits it has a nuclear weapons programme, as the Bush administration has claimed, but officials say Iraqi President Saddam Hussein may still tiy to conceal some facilities from international inspectors. US officials said on Monday that the Iraqi leader apparently decided to
        92 words
      • Article
        Tokyo makes summit pledge
        78 9 TOKYO Japan will keep South Korea and other Asian nations in mind at the annual Group-of-Seven (G-7) summit in London next week, Japanese Prime Minister Toshiki Kaifu has told South Korean President Roh Tae-Woo. The pledge was made during a 20-minute telephone conversation on Monday between
        78 words
      • Article
        S Korea lauds North's UN bid
        65 9 SEOUL South Korea has welcomed North Korea's application for membership in the United Nations, saying it hopes the North will now become a responsible member of the international community. South Korean Foreign Minister Lee Sang-Ock said yesterday that Seoul would follow suit and submit
        65 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      212 8 ■XKt.LmV 24 Leng Kea Road. Sngapore 0315. Tel: *****11 Fax: *****77 Every Major American Company. Every Small Business. Every One Man Operation. Every Church. Every Airport. Every Hotel. Every Garage. Every Farm. Every Lighthouse. Every Home. v k. .r' U gg^H^L^WV Jy|W% ?r "'f A jRN^IMRi^n I fIHK RI KU
      212 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      394 9 WHEN IT COMES TO SAVING VALUABLE SPACE AND MONEY, ONLY ONE ELECTRONIC HUNG SYSTEM STANDS OUT. AND STANDS ALONE. HERE'S AN EASY WAY OF SAVING UPTO $15,000 PER ANNUM. about anywhere. In a few minutes. Because it is the only information at an ultra high speed of 40 pages per
      394 words
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  • Article
    Today's top civil servants
    479 10 EDITORIAL WHAT EMERGED as the news point of the Prime Minister's speech at the Administrative Service dinner last Friday was the new Corps of Senior Administrators (CSA), a pool of top public officers groomed for key government posts. But for the better part of his address,
    479 words
  • WHAT THE OTHERS SAY
    • Article
      Banking on ethics
      229 10 THERE HAS BEEN an alarming jump in the number of written complaints which the Monetary Authority of Singapore has received against financial institutions. But rather than wait for the situation to deteriorate and discipline to be imposed externally, the Association of Banks in Singapore has seized the
      229 words
    • Article
      A caring civil service
      134 10 THE GOVERNMENT has taken various steps to further improve the quality of our civil service. Apart from attracting top brains to the civil service, the salary of civil servants has been revised from time to time to close the gap with the private sector. Productivity through
      134 words
    • Article
      Helping the poor
      111 10 HELPING the underprivileged has been a Chinese tradition. And it is one of the oldest and most enduring objectives of clan associations. Though these associations have the support of the government, they never expect huge financial assistance from it. The Chinese community should seriously study the suggestion
      111 words
  • REGIONAL VIEWPOINTS
    • Article
      Show crime doesn't pay
      226 10 ONE OF THE countiy's premier banks has reported a loss of $72 million due to "irregular transactions." It only reconfirms the reality that a growing number of people in the country who are entrusted with other people's money tend to abuse that confidence. Last year, there
      226 words
    • Article
      Battles to fight and win
      181 10 PABLO ESCOBAR is now in jail. Purists may argue that the circumstances of his surrender and terms of his imprisonment do not fit his years of crime. These critics miss the point, which is, simply, that a determined government campaign has brought one of the
      181 words
    • Article
      Signs of maturity
      125 10 IN SPITE OF what many sceptics may say, we believe that the developments of the past weeks have given us a convincing demonstration that the issue of providing a greater leeway for the emergence of a healthier climate of dialogue is neither a mere public relations ploy,
      125 words
  • Article, Illustration
    Lock icon Asean nations bent on self-defence measures
    807 10  -  Michael Richardson finds the nations of South-east Asia speaking softly, but making sure they also carry a big stick Michael Richardson IHT AS THE world's main arms exporters sit down to talks in Paris on curbing weapons sales, South-east Asian nations are showing little
    IHT  -  807 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      62 10 AN INCISIVE PRESENCE Singapore I 'on*® tli J OCEAN TOWERS n Direct link to the MRT Column-free office J/ space Computerised building management 1 jf* system Sophisticated card-key security system High speed lifts Ample carpark lots OFFICES FOR LEASE. READY IN EARLYM *\j OCbAN IIJWbKb Ocean Properties Pte Ltd STIBMu
      62 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      40 10 POONESBURY BY GARRY TRUDEAU 71 t'M I UH...UJEU,,NO,I AM UJHOtS 6 OODMOVWj. FROM MOVERS? StR.dWUJE NOT LEAV- CM... YOURE rT, HONEY? SWTM HE? ATME uevctrr L HWRDYOU IN6TOM> NOTMR. AKHie CUZfiK... MOVERC, CALL ANY MERE I&VING THAT'S SUNUNU 7 MOTHER.
      40 words
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  • ANALYSIS
    • Article, Illustration
      Credit cards: time to rein them in?
      692 11  -  The Finance Minister, Dr Richard Hu, recently told Parliament that his ministry was examining whether fresh curbs needed to be placed on the burgeoning credit card business. Credit cards are available today on easy terms because of intense competition and there are fears
      692 words
    • Article, Illustration
      Two should be enough
      936 11 Statistics on the local card industry show an alarming trend. In just six years, the number of individuals owning a credit or charge card soared from 194,000 to 810,000. They chalked up bills totalling $2.72 billion last year, up from a mere $761 million in 1984.
      936 words
    • Article
      Fresh curbs will only dampen the business
      696 11 Singaporeans use credit cards as an instrument of convenience rather than indulgence. Credit card issuers say that spending patterns reveal that a majority of Singaporeans use credit cards to meet normal day-to-day expenses rather than make extravagant purchases. The business has grown tremendously
      696 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      32 11 J V i < < < {»i JB'.. > Qffie> faidt/t&ri/ c^£s& ({j)& id/ dJtrf?a/tv# a/ °A7ai (9fwong bailors (Established 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, Westin Plaza, Raffles City. Tel: *****19 Fax: 65-*****44
      32 words
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      Page 12 Advertisements Column 1
      536 12 :iJr THE WORLD'S UGHTEST W9fttf/IAHEKf 2^K6.FEATHERWEI6HT!\ IT'S A PLANE. M':'l'l-lvl lvlvl l X XvX\jjßrvl\^/;y/X'lvXv'A t A J| J^r t V A>!v!v!;!^v^i|||^^P|^;v;'v;>Xv!\v:V'!'!'!'''' a ''EdP^^^^^^_^r• *^r HKujiMi|^^^B^>X\v!v////XvX •M% A ■ROSSBS VNRB ■SHRB A flBHv M9T« HSSS aTf* ■■HH k SHw BPX• a WSSHSn MHv «i#« t\JL VHH9SH ABA flnW hhhb HHHH HA
      536 words
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  • FOCUS
    • Article, Illustration
      The unmaking of a strategic alliance
      1222 13  -  IGB's run on MUI is not the result of a marriage gone sour. There's more than meets the eye. Salil Tripathi reports Salil Tripathi THE former Ipoh Gardens Berhad has come a long way from being a developer of low to medium-cost housing in
      1,222 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      59 13 a ne i^riect 'Mar of Norwegian Salmon, Sushi, Prawns and other Primeßib, Veal, Chicken, Lamb, 9- tt Salmon or other selections. v; Ss3o plus 10% service charge ana 3% govt tax. j/ |»v yjs* t For reservations, please call 731-7934. BMOP'S S&BM JT >" v «T .r g/ r 7
      59 words
    • Advertisement
      Page 13 Advertisements Column 2
      159 13 SEUING ON CREDIT COULD TURN YOUR CASH FLOW INTO FROZEN ASSETS Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be frozen in accounts receivables, restricting your company's growth. This is where International
      159 words
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  • THE LAW PAGE
    • Article
      But did the doctor break the law?
      808 14  -  David Gabriel discusses the law relating to the case of the doctor who refused to attend to a man injured in a road accident David Gabriel THERE has been an outcry at the recent news report of a doctor who refused to attend
      808 words
    • Article
      Insurance claims for building accidents
      264 14 NAKANO SINGAPORE (PTE) LIMITED V FEDERAL INSURANCE COMPANY High Court of the Republic of Singapore, Suit No 1800 of 1987 Justice FA Chua. THE plaintiffs, Nakano Singapore (Pte) Ltd, were the contractors constructing Chinatown Centre Point. In 1984, they took out a contractors' all risk
      264 words
    • Article
      A safe worksite — whose responsibility?
      374 14 A safe worksite whose responsibility? MOHD SAINUDIN BIN AHMAD V CONSOLIDATED HOTELS LIMITED AND ANOTHER Court of Appeal of the Republic of Singapore, Civil Appeal No. 3 of 1988 Justices Lai Kew Chai, Chan Sek Keong and AP Rajah. AT THE High Court, Justice LP Thean dismissed Mohd Sainudin's claim
      374 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      259 14 Quality can BE MANAGED. WE'LL SHOW YOU HOW. PHILIP CROSBY ASSOCIATES, INC. THE WORLD S LARGEST MANAGEMENT CONSULTANCY COMPANY SPECIALIZING IN QUALITY MANAGEMENT, IS PLEASED TO ANNOUNCE ITS COLLEGE SCHEDULE FOR JULY TO SEPTEMBER 1991. COURSE TITLE FEE DATES QUALITY IMPROVEMENT 554,500 Jul 15-18 PROCESS MANAGEMENT Aug 5-8 COLLEGE (QIPM™)
      259 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      237 15 L H v H Knowledge ispower. Andif you don't know all about Open Keynote address:- Vision for Open Systems in the 90's SESSION 5:24 th July, 2pm spm Systems, you can bet your bottom dollar someone else will. Dr Robert Morel, OSF Asia-Pacific OPEN SYSTEMS —TECHNOLOGIES That's why on the
      237 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon No place for the weak of heart
      928 16 Wimbledon NYT LONDON In the end, it was Boris Becker, and not the weather, who had the final word on Wimbledon 1991. The loser of the men's final uttered his conclusion as the sun, truant for most of the tournament, glittered on the
      NYT  -  928 words
    • Article
      Lock icon Keeping the grass on the greens at US Women's Open
      262 17 UPI FORTH WORTH, Texas It's going to be so hot at the US Women's Open this week that even the grass needs to be fanned. Players began arriving on Monday for the world's most important women's golfing event and among
      UPI  -  262 words
    • Article, Illustration
      Lock icon Veteran Kelly still has eye on Tour de France
      219 17 AP DIJON, France AT 35, Ireland's Sean Kelly has most of his great cycling days behind him. But he still has an eye on the Tour de France. He first competed in the race 13 years ago and finished 34th. Last
      AP  -  219 words
    • Article
      Lock icon Australia to take part in Admiral's Cup
      252 17 Reuter SYDNEY Australia, which had signalled its absence from ocean yacht racing's premier event, the Admiral's Cup, for the first time in 26 years, has announced it will take part after all. Australian plans for next month's six-race offshore event off Cowes in
      Reuter  -  252 words
    • SIDE LINES
      • Article
        Bubka raises his own pole vault world record
        97 17 FORMIA, Italy Sergei Bubka is piling up money a fraction of an inch at a time. He inched closer to the outdoor 20-foat. mark in the pole vault, soaring 19-11 3-4 (6.09 metres) at m* track and field meet on Monday to
        97 words
      • Article
        Pernfors wins in Swedish Open
        50 17 BAST AD, Sweden Mikael Pernfors, a first-round loser in the Swedish Open three times since 1986, finally won match in the clay-court tournament on Monday, beating Juan Aguilera of Spain 6-3, 6-3. "Every victory these days feels like winning the French Open," said the Swede.
        50 words
      • Article
        Annacone beats Holm
        57 17 NEWPORT, Rhode Island Paul Annacone beat Henrik Holm of Sweden 4-6, 6-4, 7-6 (8-6) in the first round of the Hall of Fame Tennis Championships on Monday. Annacone, ranked 280 th in the world, hadn't played in singles since October because of an injury to his left
        57 words
      • Article
        Moses, Gault's team nosed out
        68 17 LAKE PLACID, New York A three-man bobsled push team including world-class sprinter Edwin Moses and National Football League receiver Willie Gault was nosed out at the Lee National Bobsled Push Championships on Monday. The team of Todd Snavely, Bryan Leturgez and Jeff Woodard, who put
        68 words
      • Article
        Chile, Argentina post victories
        54 17 SANTIAGO Despite heavy rains, Chile beat Peru 4-2 and Argentina routed Venezuela 3-0 on Monday in Group A of the America Cup, the South American soccer championship. Ivan Zamorano scored two goals in Chile's victory over Peru. Jorge Contreras on a penalty kick and Hugo Rubio
        54 words
      • Article
        Seeking Olympic status
        64 17 LAUSANNE The Baltic republics of Lithuania, Latvia and Estonia pressed their claims on Monday for Olympic recognition and the right to compete in the games under their own flags. A commission set up by the International Olympic Committee had a three-hour meeting with the Baltic delegates in
        64 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      327 16 IBM is proud to introduce the birth of a new PS/2. It has full-size features and full-size power, yet it weighs in at just 3.5 kilograms. If you're on the road a lot, or if you simply IHI want a computer that doesn't take over your t the IBM PS/2
      327 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      222 17 jp*i»§S f Sumptuous, \mt brings back classic Swiss J* J kitchen favourites this month. 1® 1 Dine in romantic olde worlde ytjk, [\fl ttMHrTMll'l charm and feast on all-time *****1/11 favourites like Occo bucco cremolota M VlluMMVlllti or Poulet a Vestragon. Sounds tempting? />| It's just some of the Swiss
      222 words
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      Page 17 Advertisements Column 2
      247 17 i^P CLOSE 4PM 8 AUGUST, 1991. Immediate Development Potential Due to major naval base expansion and need for huge civilian workforce, Palm Springs is ideally located to capitalise on the region's growth. FOR SALE BY TENDER either as one or two parcels. Development sites, Warnbro Sound Avenue, Palm Springs. DISTRICT
      247 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      985 18 uiunw Til unlit. PIME urn HUMTMM WfHEBE TO WIWE. Pint MID IMTHITMM WHtBE TO WINE. DIME The most tender U.S. meat are coming vouiWat fHpCEBB cm^AeßCaft. The finest quality American beef, poultry and seafood grilled and cooW in a of succulent and lip-smacking ways will be prteaogfafw you at our
      985 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      699 18 TELEVISION AND RADIO lIMBBBMMdK (JctoDus in town ,o W v»k/ 8.00 Class. 9.00 NmiMMm. 10.00 Wsrid Nwi (M). 7.10*1,9.25 am, 1.30pm, 5.30pm, w >rv i 7.00 PM CNN hrtaniatioaal (L). 0.30 Maustar Bunch —It Came jjj Wurid Cup Hall of Fame. 3.25 am: Financial News —-i f' I 8.00 A
      699 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Hip-hop moves into the mainstream
      761 19  -  It's happened before, when art from the fringe, such as blues music, becomes respectable. And it's happening again. Barry James on how France is making rap and graffiti respectable Barry James IHT The louvreRIVOLI station, with its reproductions of works in the adjacent museum, is
      IHT  -  761 words
    • Article
      Lock icon A birdwatcher's idea of paradise
      391 19  -  Nathaniel C Nash on the threats faced by the extensive birdlife of the Falklands Nathaniel C Nash NYT THE extremities of earth can be a naturalist's paradise. And this barren grouping of islands in the South Atlantic, 1,280 km north ofAntartica and 480 km east
      NYT  -  391 words
    • Article, Illustration
      Nancy Reagan turns 70 — out of the limelight
      704 19 Nancy Reagan turns 70 out of the limelight NANCY REAGAN turned e 70 or maybe it was 72 s on Saturday and celebrated 1 the occasion in private, said Reagan spokesman Bill Gar- s ber. The former First Lady 1 has been out of the spotlight j since the spring
      704 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      239 19 AND ENTERTAIN I Lunch in a Flash! I J A carvery and salad buffet lunch I featuring the best of cuisines everyday I from different countries. Available at the Cafe-in-the-Park. From 12 noon to 2.30 pm Mondays to Fridays only. I Price: $18.50++ per person. I Monday Western Delights I
      239 words
    • Advertisement
      Page 19 Advertisements Column 2
      165 19 i $20,000 in our BT Investment Race Contest #4-Cut it out and collect the coupons daily-from July Bto 12,1991 for a total value of $100,000. In the July 13,1991 issue of Business Times, you will find a Contest Entry Form. On the Contest Entry Form, i you will be required
      165 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market recovers in technical rebound
      4857 20  -  By Diana Oon THE LOCAL MARKET regained some lost ground yesterday, with the Straits Times Industrials Index rising 10.25 points to 1,463.92 in what most market watchers termed as a technical rebound. The STII traced the movements of Tokyo's Nikkei average, which recovered almost 900
      4,857 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4061 21 Main Board SIA Foreign I860 40 2.2% SIA 1340 +20 +1 5% DBS Foreign 1290 20 +1.6% FAN 795 +15 +1.9% lsetan 50» 630 +15 +-2.4% Metro Hldgs 565 +15 +2.7% S Reinsurance 180 +14 1"? GELife 1480 +10 0.7% DBS 1190 +10 +0.8% OCBC
    4,061 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      441 22 Cwp—y Date Year 6rwp Net Ntt earnings Gross MR to profit/loss (L) par slurs dhridond ('000) (conts) MC Htdgs Jul 8 Mar 91 HK$197.832($378,947) 56 0(113.0) 40(40) Amcol Jun 25 Dec 90 $36.143($9.185) 18.2(4.6) 10(10) Metropiex Jun 25 Jan 91 M$15,628($5,450) 2 6(1 9a) 6(4.3a) SIA Jun 25
      441 words
    • Article
      PRELIMINARY RESULTS
      253 22 Clip—y Date Yaar Cnxtp pre-tax Nat Minings Gross aaa to praM/loss (L) par sfcaro dtvMoad COM) (coats) Choc Products Jul 1 Mar 91 M$5.272($2.105s) 5.0(0.9) Fater Group Jul 1 Jan 91 M$33,426($15,558l) 8.1( MCB Hldg s Jul 1 Mar 91 M$2.411 ($1.7661) 2.9(-) NYA(2.5) Alex HkJ(s Jun 28
      253 words
    • Article
      INTERIM RESULTS
      184 22 Compaay Data HaN-yaar Group pretax latarlai Ma to praflt/toa (L) dMdaad COM) Ganda Hldgs Jun 25 Mar 91 M$554L ($3,2371) Asa Pacific Jun 21 Mar 91 $59,214($48,108) 14.5(15.4) F&N Jun 21 Mar 91 189.232($75,678) 9.2(9.2) Ammo Jun 14 Mar 91 $1,541 ($1,571) 5TE(7.5TE) Samanda HWgs Jun 14 Mar
      184 words
    • Article
      DIVIDENDS ANNOUNCED
      800 22 CwTMt Ex Inks Pali Mrikr TiWhr payment diti dos# psjnMi tin ytflr list jmt Amcd 25c 10% Jul 5 Jul 17 Jul 31 10% 10% Mff NYA(e) Jun 19 Jul 4 Ai« 15 NYA 2 8C M» HUp 50c 6%(b) Sap 4 Sap 16 Sap 30 6% 6%
      800 words
    • Article
      APPROVED ISSUES
      465 22 Csmpany Rights tout Mean One-fortwo MSI 00 par shift Issue of 40m Cumulative Redeemable Preference Starts (CRPS) of MS0.10 tact) at M|1 ptr stun with 10m detachable TSR on tht bass of 1 CRPS with 1 TSR tor tvtry 4 CRPS. Ex-date Jun 7 Books dost: Jun 21
      465 words
    • Article
      BONDS, LOANS & WARRANTS
      713 22 BONDS, LOANS WARRANTS feral rn Nn 30/6/94 1 wmnt plus WJ1.00 cart CAC m Before 26/4/93 1 warrant pto $3.09 casfi Caaaway Lm Cmwi) Ml 2/10/89 to 20/10/94 Fwarrait plus 10.77 cnli or 1 warrant pta 10.77 nominal amount of loan alock. g—njfcf On Hp IR March 87 to 31/12/91
      713 words
    • Article
      CORPORATE DEVELOPMENTS
      479 22 Jul 8 bttan has signed a 12-year lease agreement for 180,000 sq ft of space in the basement and the first four floors of the new Shaw House. The first computer stock to be listed on the Stock Exchange of Singapore. CSA Holdings is 47 times over-subscribed. Jul
      479 words
    • Article
      RESULTS DUE
      581 22 Main Board Last Full Yaai Company Period Date Y ear IM EPS Gran IM arrowed ««h| (canb) *r pro* hit year 000) Centos Interim Apr 27 Jul 91 12.6 20.0TE(a) 38.911 Span Land Intenm May 4 Dec 91 12.6 10.0 44.641(c) SNP Intenm Jul 26 Dec 91 13.2
      581 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      818 22 PrtcM as at 09.07.91 Cwwrtlsn tarm Pi Explm (*ic»Mrt) Anowrt 0»t*■*« Company (nN Wrts Star* Im Cm Eur Lastk tell Cm* Um tali Mtto units) stock ram priea mm 1 Stfc. Ult vthM Burwill 115.2 0 250 0 830 1.00 1.00 51 3.32 30/06/94 35 C4C
      818 words
    • Article
      PROPOSED ISSUES
      413 22 Company Right* hu* H Lmm M Two-tof-fwe M$3 35 per share Issue of S2807m 5% Redeemable Unsecured Loan Notes on the basis of SI nominal amount of Loan Notes lor every 5 shares held. Every SI nominal amount of Loan Notes w* be issued with one TSR C4?"
      413 words
    • Article
      COMPANY MEETINGS
      158 22 Idris Hydrauk (M) Bhd: EGM at the Multipurpose Hall, Ist Floor, Tabung Haji Head Office Building Jalan Tun Razak, ***** Kuala Lumpur on Thursday, July 11, at 11am. Metroplex Bhd: 28th AGM at the Sabah Room, Level 3, Putra Woctt Trade Centre, Jalan Tun Ismail. ***** Kuala Lumpur
      158 words
    • Article
      RECORD HIGHS & LOWS
      188 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 htfi: *****8 (3/6/91) 1991 M* 1565.58 (3/6/91) 1991 low: 1022.52 (16/1/91) 1»1 I®* 1149.08 (16/1/91) 1990 high: 1435.43 (16/7/90) 1«0 1607.12 (27/3/90) 1990 tar 981 07 (09/11/90) 1990 tar 1079.50 (11/10/90) 1989 high: 1322.00 (28/12/89) 1909 Nffc 1487.76 (26/12/89) 1989
      188 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market recovers on late bargain-hunting
      4168 23 Bernama SHARE PRICES on the Kuala Lumpur stock market rebounded to close slightly higher yesterday on late bar-gain-hunting and short-cover-ing, triggered by late rises on the Tokyo market. The KLSE Composite Index recovered from its low of 600.59 to finish at 603.22, down 1.62 points,
      Bernama  -  4,168 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      92 23 ill] t ROYAL TRUST MERCHANT BANK LTD announces that with immediate effect its name has been changed to ROYAL TRUST BANK (ASIA) LTD Mr. Fock Siew Tong, Managing Director of Royal Trust Bank (Asia) Ltd is also pleased to announce the appointment of 111 Ml Mr. Gan Eng Kiat, Vice
      92 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends higher for first time in six days
      2228 24 Reuter TOKYO STOCKS yesterday closed higher for the first time in six trading days on an afternoon buying spurt by institutional investors after a roller-coaster session. The Nikkei average opened higher, fell to a 1991 trading low in late morning trade,
      Reuter  -  2,228 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish firmer in topsy-turvy trade
      1931 24 Reuter HONGKONG STOCKS, yanked down and up by scandal-wracked Tokyo, fell sharply in morning trade, then climbed throughout the afternoon to end stronger yesterday. The blue-chip Hang Seng index ended 23.46 points up on the day at 3,904.19, 64 points above an intra-day low
      Reuter  -  1,931 words
  • Page 24 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks rise sharply on Tokyo gains
      • Article
        AUSTRALIA
        830 25 THE AUSTRALIAN share market closed sharply higher yesterday after tracking steep rises and falls in Tokyo. Local institutional support and European buying orders underpinned rises in leading stocks in all sectors. Brokers said in the absence of selling pressure, buyers responding to Japan determined local market activity. For the
        830 words
      • Article
        BANGKOK
        575 25 IN BANGKOK, selling pressure pushed the index lower in heavy trade yesterday, with two real estate stocks account- ing for more than 40 per cent of volume, dealers said. The SET index fell 12.07 to 714.27 on a total turnover of 3.95 billion baht. The prime gauge gained 10.05
        575 words
      • Article
        JAKARTA
        658 25 IN JAKARTA, heavy selling of the newly listed cement share Semen Gresik put more pressure on the bourse's lacklustre trade. Brokers said prices fell across the board, bringing the official index 6.06 points down to 332.25. "Investors' hopes have gone with the falling price of Gresik. It's just like
        658 words
      • Article
        TAIPEI
        461 25 THE Taiwan stock index finished slightly lower yesterday after wavering narrowly during the whole session as investors stayed sidelined over losses in the Tokyo market. The Weighted Index closed at 5,303.88, 14.13 points lower than Monday's 5,318.01 finish. Turnover was NTS2O.4 billion against NT521.82 billion. Only financials rose slightly.
        461 words
      • Article
        MANILA
        531 25 PHILIPPINE share prices shed a further 2.5 per cent yesterday as a transport strike paralysed parts of Manila and kept many investors on the sidelines. The Manila Stock Exchange Composite Index finished at 1,001.08 points with a 26.00-point loss from Monday. Prices opened soft and after a brief rise
        531 words
      • Article
        SEOUL
        720 25 SEOUL share prices lost ground in active trading yesterday, with the Com- posite Price Index of the exchange shedding 2.76 points to close at 614.42 L Declines outpaced advances 527 to 122 among the 771 issues traded. Volume reached 15,544,000 shares valued at 233.98 billion won. jeoul Woo COO)
        720 words
      • Article
        NEW ZEALAND
        150 25 IN WELLINGTON, sharply lower prices in Tokyo and afternoon selling in Fletcher Challenge took the share mar-' ket lower at the close on improved turnover. Steady business is expected for the rest of this week, with immediate direction hinging on reaction to Tokyo falling, to its lowest level
        150 words
      • Article
        BOMBAY
        44 25 BOMBAY shares finished mixed on Monday after a bullish start triggered 4 widespread profit-taking. The Bombay Stock Exchange Index hit a peak of 1,385.27 before ending at 1,363.99, up 6.67 points from Friday's close. The National Index gained 10.40 to 667.82, off 673.17.
        44 words
      • Article
        Untitled
        593 25 Close Prevtan July 9 SYDNEY All Ordinaries Index 1,538.8 1.525.7 +13.1 All Industrials Index 2 'H? l o t All Resources Index 913.4 901.1 +12.3 Turnover (million) 100.5 68.0 +32.5 BANGKOK SET Index 714.27 726.34 -12.07 Turnover (million baht) 3,950 2.820 +1,130 IAKARTA Composite Index 332.25 338.31 -6.06 MANILA Composite
        593 words
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  • WORLD STOCK MARKETS
    • Wall Street surges but volume remains thin
      • Article
        Untitled
        357 26 July 8 Clow Pieitow NEW YORK Dow Jones 2,961.99 2,932.47 29.52 NYSE Financial 148.73 147.93 +0.80 SAP 500 377.94 374.08 3.86 Turnover (million) 139.1 69.9 69.2 LONDON Financial Times 30 1.891.3 1.911.8 -20.5 FTSE 100 2,466.8 2,484.7 -17.9 Turnover (million) 308.4 489.6 -181.2 AMSTERDAM CBS Tendency Index 91.6 92.7 -1.1
        357 words
      • Article, Illustration
        NEW YORK
        1404 26 NEW YORK stocks stood up strongly on Monday against another big sellofr in Tokyo. While the Nikkei Average of 225 stocks plunged 722.17 points, or 3.15 per cent, to close at 22,176.17, in Tokyo earlier on Monday, the Dow Jones Industrial Average managed to shake off a 27-point
        1,404 words
      • Article, Illustration
        LONDON
        575 26 LONDON shares were broadly higher at midday yesterday as sentiment was cheered by a gain earlier in Tokyo. Brokers said enthusiasm also got a boost from 1030 GMT figures showing no change in British producer prices for June. The market had been anticipating a 0.2 per cent gain. At
        575 words
      • Article
        FRANKFURT
        202 26 GERMAN shares yesterday spiked higher at the end of a moderately active trading session to close at their highs of the day having gained nearly 1.5 per cent. Utility Veba and stores group Karstadt saw active demand and Siemens was also favoured. But dealers said volume was not particularly
        202 words
      • Article
        PARIS
        147 26 FRENCH share prices ended lower on Monday but late buying in one or two stocks erased a good part of the bourse index's earlier loss, dealers said. The CAC-40 Index closed 8.84 points or 0.51 per cent lower at 1,714.30 but well above the session low just below the
        147 words
      • Article
        MILAN
        211 26 ITALIAN shares closed generally higher on Monday, with early gains by insurer Generali and carmaker Fiat pushing the market higher to a 0.4 per cent gain. Brokers said the sharp fall of Tokyo shares before the weekend cast an early shadow over the market, but this was overcome after
        211 words
      • Article
        ZURICH
        295 26 SWISS shares closed lower on Monday as sharp losses in Tokyo and Wall Street's weak opening drove investors to the sidelines. The all-share SPI Index fell 9.1 points to 1,093.9 while the SMI Index of leading shares lost 15 to 1,671.6. Volume was low. "It looks like all potential
        295 words
      • Article
        AMSTERDAM
        271 26 DUTCH shares yesterday climbed further by midsession after a mid-morning plateau, but the peak was built on razor thin trade, dealers said. The CBS General Tendency Index was 0.9 higher at 92.5, trailing behind firmer London and Frankfurt markets, but there were a few featured shares to add local
        271 words
      • Article
        STOCKHOLM
        86 26 STOCKHOLM share prices firmed marginally in slack holiday trade yesterday, helped by gains on foreign markets and a higher than expected currency inflow. By mid-morning, the Bourse General Index had risen 0.08 per cent to 1,116.43 in turnover of only 44 million crowns. Blue chips were 0.07 per cent
        86 words
      • Article
        JOHANNESBURG
        420 26 IN JOHANNESBURG, unrelenting bullish sentiment continued to buoy the stock market on Monday, driving the All-Share Index to new highs for the second successive day. Dealers said local and foreign demand for quality shares continued strong, despite recent cautionary warnings that the market looks overheated. A sharply firmer financial
        420 words
      • Article
        TORONTO
        320 26 TORONTO stocks on Monday peaked in late trade to close at the day's high in the slowest session since January. A late round of program trading in New York helped push Toronto higher, dealers said. "We got the rally but it was strictly off programs," one trader said. The
        320 words
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      Page 26 Advertisements Column 1
      58 26 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar steady as operators wait for Bundesbank meeting
      1149 27 REPORTS THE US DOLLAR was little changed from Monday's closing rates in quiet early European trading. Dealers reported activity in cross trading with no dramatic movements expected during yesterday's session. Operators were still fairly bullish on the dollar, but many were
      1,149 words
    • Article
      Lock icon Yen bonds set to do well in second half: analysts
      526 27 Reuter LONDON A weakening Japanese economy could see yen bonds providing value for dollar-based investors in the second half of the year, analysts said. "Despite strong growth in the first quarter, there are signs the (Japanese) economy is slowing. This
      Reuter  -  526 words
    • Article
      Lock icon US$ fairly stable after its 1987 lows
      198 27 Reuter WASHINGTON The dollar has shown no long-term tendency in either direction since it hit its lows in 1987, US Treasury Undersecretary David Mulford said. "Over the last three or more years, it has fluctuated within plus or minus 10 per cent around
      Reuter  -  198 words
    • Article
      FINANCIAL FUTURES
      1134 27 SjjjEX EUtOOOilAK Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.60 93.60 93.57 93.59 5092 ***** 3725 Dec 91 92.98 92.98 92.96 92.98 2754 ***** 4396 Mar 92 92.86 92.86 92.83 92.85 930 8794 914 Jun 92 92.40 92.41 92.40 92.41 115 1717 380 Sep 92
      1,134 words
    • Article
      INTERBANK FOREX RATES
      396 27 Crass rates July 9 USS S$ MS Dm Yen SFr AS NZS USS 1.7575 2.7850 1.8140 138.80 0.6139 1.5645 1.3055 1.7559 S$ 0.5690 1.5846 1.0321 0.7898 0.3493 0.8902 0.7428 0.9991 MS 0.3591 63.11 0.6513 0.4984 0.2204 0.5618 0.4688 0.6305 Dm 0.5513 0.9689 1.5353 76.52 0.3384 0.8625 0.7197
      396 words
    • Article
      MONEY MARKET
      533 27 Interbank rates S$ Bid Offer Overnight 2 1/2 3 1-month 5 3/4 5 7/8 2-month 5 13/16 5 15/16 3-month 5 7/8 6 Overnight mode: 5-9/16 LSS Bid Offer 7 days 6 6 1/8 1 month 6 6 1/8 2 months 6 6 1/8 3 months 6 1/8
      533 words
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  • COMMODITIES
    • Article
      Lock icon Rubber firms get chance to supply Proton Saga parts
      461 28 Bernama KUALA LUMPUR There is a tremendous potential for rubber manufacturers to supply parts for the Proton Saga because of the 73 rubber components in the national car, a rubber official says. In an article in the latest issue of "Rubber
      Bernama  -  461 words
    • Article
      Lock icon World crude steel output may fall by 4.5pc, says OECD
      251 28 Reuter PARIS Total worid crude steel production could fall by up to 4.5 per cent in 1991, the Organisation for Economic Cooperation and Development (OECD) said. Global steel output in 1990 fell 2 per cent, or 16 million tonnes. Output
      Reuter  -  251 words
    • Article
      KL tin recovers 5 sen on good buying demand
      844 28 REPORTS THE price of tin rose five sen to M$ 15.49 per kg on good buying demand on the Kuala Lumpur Tin Market yesterday. Dealers said the KLTM was a bit steadier following some technical correction as the market had been
      844 words
  • Article
    PRICES
    1357 28 Rubber My* Scents/kg j Noon Close Int I RSS Prompt 143.25/144.25N I43.00/I44.00N J Int 1 RSS Aug 91 144.2V144.75 144.00/144.50 Int 1 RSS Sep 145.50/146.00 145.2V145.75 Int 2 RSS OP 142.50/144.SON 142.25/144.25N Int 3 RSS OP 14I.00/143.00N 140.7V142.75N Int 4 RSS OP I36.00/I38.00N 135.7V137.75N Int 5 RSS OP 132.00/134.00N
    1,357 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      879 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 nearPerae?an^erT^oir^^^^T[ Custom Check Point 40 min from 1 Changi Point by launch. AJao L d proposed 200 room hotsl/rseort ana chalet Vary dose to Deearu Mega Golf Resort. Land area around 230 acres. Asking M 560,000 per acre. Valuation and Feasibility Reports available. V
      879 words
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      Page 28 Advertisements Column 2
      11 28 Your search (or EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1154 29 City FU«»t ETA FHtfct ETD I MM MUM GA895 1235 GA974 0001 1 GA886 0010 Mate*4a QF81 2000 QF82 2200 SQ227 2245 kmUrtom GA895 1235 SQ24 2200 KL837 1255 KL838 2240 AtiMM 0A471 0020 0A472 2240 SQ35 1710 Aaddand NZ21 1820 NZ22 1930 SQ388 2030 Bandar
    1,154 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A little bit of English charm
      505 29  -  POSTCARD FROM NUWARA ELIYA s s s By Feizal Samath AN AUSTRALIAN couple described it as a lovely old hotel with the cleanest bathroom in Sri Lanka. "After a long journey to this island, it is a privilege to be welcomed into your Grand
      505 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.340 1.3600 Canadian dollar 1.3200 1.5500 NZ dollar 0.9870 1.0170 Sterling pound 2.848 2.878 US dollar 1.7530 1.7630 Load dollars to 100 anits of foreign currency Austrian schilling 13.60 14.40
      152 words
    • Article
      Israel Trail for hikers to be open all year
      227 29 TRAVEL SLICES HIKERS will soon be able to count Israel as a spot to visit year round, and the country, which suffered from a decline in visitors during the Persian Gulf War, is hoping for a return of tourists. Work has
      227 words
    • Article
      Sightseeing fees at St Paul's
      166 29 ST PAUL'S CATHEDRAL in London has introduced admission fees for sightseers although not for worshipers because of a growing financial deficit estimated at US$6BO,OOO (SSI.2 million) a year. Admission is US$3.4O, US$l.7O for the elderly, students and children. The charges do not apply between 7.15
      166 words
    • Article
      WORLD TRADE EXHIBITIONS
      124 29 Duration Title Venue Organiser Tel Duration Title Venue Otlganiaer July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Aug 20-31 Izmir Turkey Izmir Fair *****150 Equipment, International Organisation Technology Fa r Services for Informatic Aug 21 Building Hilton Inter- The Institute *****21 Telecommunication 22 Profitable national Kualaof International
      124 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      34 29 Ronald, you'll relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      34 words
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      Page 29 Advertisements Column 2
      47 29 That's the South China Sea. Six countries are staking claims on a group of 33 islands called the Spratly Islands. But why? Will war break out? Find out today about trouble on the high seas. rind mucli more J from lunch time Monday to Saturday __J >r
      47 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      208 29 9 Sounds the military chief is militant (7) 12 Mean to be in close prox--17 Eat the scone so unusually comeback (4) 26 Remove ami smoki s|o 21 Drugs are for fools (5) 10 ean (4 3) 24 Account given by a police--27 !!r» fT* 1 l Pr UCC PUrC
      208 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      215 29 Singapore Outlook: Fair, except for showers over a few areas in the late morningand early afternoon. Report Maximum temperature 32.0* Assoc humidity 65% Minimum temperature 24.5* Assoc humidity 95% Hours of sunshine 7.55 Rainfall in mm Nil Rainfall this month 22.5 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo*
      215 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      25 29 fc'.gLErayWWyffTOßi WtGUtR AND FWISHCpTWC NE T e<m V HiGHeR .Jim J PLnnR uJC'LL BC. R6<j€.TD SCJE.TWC. TV*. 6»Ondmi wcJjDFW MNtfe S ONTWCBCACH..../ Wa \HOUDRy flgßfe
      25 words
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  • Article
    Travellers spent most per head in S'pore: report
    371 30  -  But all in, 1 out ot $10 spent in US last year By Hong Lee Tiam SINGAPORE was indeed a shoppers' paradise last year, enticing international travellers to spend more money here than they did anywhere else in the world, says a
    371 words
  • Article
    Compensation hearing told of insurance firm's different format
    487 30  -  By Chew Eng Han ONLY ONE of the 47 member firms of the General Insurance Association of Singapore (GIA) has issued a workmen's compensation policy deviating from the prescribed format, an official of the association said yesterday. Mr Wee Jim Hock, the
    487 words
  • Article
    Lock icon Another regional triangle mooted
    107 30 Bernama MED AN A regional cooperation concept similar to that between Singapore, Johor and Riau involving Medan, Penang and southern Thailand will be very beneficial, an economic expert said yesterday. Pande Raja Silalahi, direc- tor of the Bandung-based Parahyangan University, added that the challenges in the
    Bernama  -  107 words
  • Article
    Lock icon Japan to continue investing in S-E Asia
    232 30 Reuter ATLANTA Industrial Bank of Japan Ltd (IBJ) president Yoh Kurosawa has said that South-east Asia "can especially expect sufficient investment of capital into their economies from Japan and others". In a speech to businessmen yesterday, he said Japanese banks were expected to
    Reuter  -  232 words
  • Article, Illustration
    Global effort needed against laundering
    496 30  -  By Salil Tripathi LAW ENFORCEMENT officials succeeded in nailing down the trail of illicit monetary transactions linking the worldwide network of the Luxembourg-based Bank of Credit and Commerce International only because of concerted global efforts towards cooperation. A new study released last month by the
    496 words
  • Article
    Lock icon US likely to lift sanctions against S Africa this week
    124 30 Reuter WASHINGTON US President George Bush is expected to lift economic sanctions against South Africa this week now that Pretoria is releasing political prisoners, The Washington Post reported yesterday. Unidentified administration sources told the newspaper that it was unclear whether
    Reuter  -  124 words
  • Article
    Lock icon KL minister calls for flexible security scheme in region
    222 30 UPI KUALA LUMPUR Malaysian Defence Minister Datuk Seri Najib Tun Razak yesterday called for a flexible security arrangement which would be more favourable for multilateral cooperation among Asia-Pacific nations. While economic cooperation was crucial for regional stability, such a flexible arrangement
    UPI  -  222 words
  • Article
    Lock icon Japan, EC unlikely to reach accord
    105 30 Reuter TOKYO Worsening imbalances in trade and investment seem to have foiled efforts by Japan and the European Community to sign a joint declaration next week, the Foreign Ministry said on Tuesday. A ministry official told a briefing he was pessimistic that the declaration
    Reuter  -  105 words
  • Article
    Research Int'l sets up regional office in Singapore
    227 30 RESEARCH International, a major global market research company, has set up a regional office in Singapore. Research International (RI) Asia was launched yesterday to spread the use of the company's market analysis models used to predict and track the sales of consumer
    227 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      302 30 I MI=]F=)ES[ZI —II The Richness Of Leather Handmade To Perfection. SINGAPORE MANAGEMENT I SYSTEMATIC LAYOUT PLANNING I July 31 August 2,1991 SS7SO SIM members/Ss9oo non-members I Systematic Layout Planning is a logical, universally applicable approach to any layout project. It features highly effective, tested techniques to plan the layout of
      302 words
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      Page 30 Advertisements Column 2
      95 30 The Richness Of Leather Handmade To Perfection BCCI crisis: Abu Dhabi delegation holding talks with Bank of England, Pg 6 THE SALES PLANNER Sill BUHD... ORGANM... MAXIMISE COMPETE Customer Contort System that allows you to record, organise rotriovo and manage al customer-related infonnatlon and activities (Session 2 2.00 pm to
      95 words
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  • Shipping Times
    • Article, Illustration
      RCL expands S-E Asian services to meet demand
      504 31  -  By Rahita Elias THAI-BASED feeder operator Regional Container Lines has upgraded its South-east Asian services to cater for the strong increase in demand. The carrier began solo operations on the Bangkok-Sin-gapore route on July 1. After breaking off with Thong Soon Line,
      504 words
    • Article
      Lock icon Taiwan's third airline to fly to Australia in September
      332 31 AFP TAIPEI Mandarin Airlines, Taiwan's third international airline, was established yesterday and was set to fly to Australia in September, company chairman Liu TehMing said. The new airline company with a registered capital of NT$4 billion (Ss2so million) planned to serve
      AFP  -  332 words
    • Article
      Lock icon MISC signs deal to buy yard
      114 31 Bernama KUALA LUMPUR Malaysian International Shipping Corporation together with Kuok Brothers and IMC Enterprises, on Monday signed a sale and purchase agreement with the Malaysian government for the acquisition and transfer of the government's 77.95 per cent equity in Malaysia Shipyard and Engineering. The
      Bernama  -  114 words
    • Article
      INDEX TO ADVERTISERS
      1160 31 Page Col ABC Containertine 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Asian Break-Bulk 16 3 ASXCL
      1,160 words
    • Article
      Lock icon Ford's uphill battle with Jaguar getting steeper
      399 31 AP COVENTRY, England When Ford Motor bought Jaguar for £1.6 billion (554.5 billion) last year, it knew it faced an uphill battle. That hill has turned into a mountain. A weak dollar and a recession that caused an unexpectedly severe slump in the
      AP  -  399 words
    • Article
      Lock icon Two Japanese cars tie for tops in consumer satisfaction
      261 31 AP DETROIT The two newest Japanese luxury-car divisions, Nissan's Infiniti and Toyota's Lexus, tied for top ranking in a consumer satisfaction survey released on Monday by a leading automotive market research company. The ranking compiled by J D Power and Associates
      AP  -  261 words
    • NEWS SUMMARY
      • Article
        Building for an open market
        48 31 THE ADVENT of the single European market will open up a number of possibilities in in-tra-European trades, not the least the lifting of restrictions on cabotage. In northern Europe, most countries are already accustomed to allowing outsiders into their domestic trades Page 2
        48 words
      • Article
        Daimler in the process of taking Sogeti stake
        38 31 DAIMLER-BENZ AG is in advanced negotiations to take a 34 per cent stake in Sogeti SA, the parent of Europe's largest and fastest-growing computerservices company, Cap Gemini Sogeti Back Page
        38 words
      • Article
        ATT plans to lease its headquarters to Sony
        38 31 AMERICAN Telephone and Telegraph (ATT), the world's largest telecommunications company, said on Monday it planned to lease its Madison Avenue headquarters to Japanese entertainment and electronics giant Sony. Back Page
        38 words
      • Article
        London against quota on Japanese cars
        34 31 UK TRADE and Industry Minister Peter Lilley yesterday was to call for free trade in Japanese cars made in Britain within the European Community after 1993 Back Page
        34 words
      • Article
        New wharfage structure at Oakland port
        38 31 RESPONDING to ocean carrier concern over proposed rate increases, the Oakland Port Commission has approved changes and reductions in the new per-container wharfage structure that will become effective on July 1. BackPage
        38 words
    • LOG BOOK
      • Article
        Home country direct service to Norway
        111 32 SINGAPORE Home country service, which provides direct access to Norway's international telephone operator, will be available from today. Norwegian travellers to Singapore will be able to place calls in their own language. The caller may choose to charge his call to the called party
        111 words
      • Article
        Train cars crash into river
        86 32 FOUNTAIN CITY, Wisconsin A Burlington Northern freight train derailed, sending five cars crashing into the Mississippi River and forcing officials to close the river to barge and other traffic. The railroad said a several carloads of lumber and a car full of butter caught fire
        86 words
      • Article
        McDonnell wins US$328m deal
        58 32 WASHINGTON McDonnell Douglas Corp has received a U*****.1 million defence contract for a total of 299 Harpoon and Standoff Land Attack Missiles, the Pentagon said. The Harpoon anti-ship missiles would go to Japan, Canada, South Korea, Singapore, Egypt and Turkey, and the land attack missiles would
        58 words
      • Article
        Officials watching Panama port
        71 32 PANAMA CITY Authorities are scrutinising business operations in Panama's duty-free trade zone after seizing a large shipment of cocaine from a truck leaving the centre, officials said on Monday. The attorney general's office opened an inquiry into drug trafficking at the trading centre in the Atlantic
        71 words
      • Article
        No danger for Flickertail State
        55 32 LONDON The US container vessel Flickertail State has reported that assistance is no longer required following a fire in its engine room, Lloyd's Shipping Intelligence Service said. The 16,605-dwt vessel reported the fire in the South China Sea and requested assistance. The Flickertail State is
        55 words
      • Article
        Checking Pratt's reverse system
        79 32 WASHINGTON The US National Transportation Safety Board recommended that aviation authorities examine the reverse system on the Pratt and Whitney engines that power the Boeing 767 aircraft. Pratt and Whitney is a unit of United Technologies Corp. The board said there was evidence that the left
        79 words
    • Article, Illustration
      Lock icon Building for an open market
      907 32 A single European market will mean greater opportunities foi intra-European trades and owners have been busy building vessels to suit specific trades Fairplay THE ADVENT of the single 1 European market will open i up a number of possibilities 1 in intra-European trades, < not
      Fairplay  -  907 words
    • Article
      Lock icon WEEKLY FREIGHTS
      578 32 AFP REDUCED activity and a shortage of information on Soviet charterings prompted an easier trend over the past week on dry cargo markets. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index lost 40 points on the week, finishing at 1,633. According to unconfirmed reports, the Soviet
      AFP  -  578 words
    • Article
      THE SHIPPING GUIDE
      12297 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,297 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        520 47 fcrntf If Hi fcrih km* Pgrtw Vrnel Voy Ho B«to AnM frparfcn Marina Terminal 1 Sembawang Terminal inn7/nJ Btm Bahagia *****1 M03 alongside 10.07/2300 Coroms 2 CPS 10 S02 alongside 1007/0730 Citra Jaya *****A M03 alongside 09 07/2300 Dade 3/91 S03 alongside 17 07/2300 Garuda G07 M03
        520 words
      • Article
        CONTAINER SCHEDULE
        1118 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Beokin|/Bafanc« Rite Shp Voy No Etb/Btr Pwiod Fran To Fran ACX Rose ISA 11/1500 2 09/1700 10/0659 10/0900 4 10/1200 10/1459 10/1700 Aka Bhum 506N 11/0700 2 09/1700 10/0659 10/0900 3 10/0700 10/1159 10/1400 tp kMz* ***** 11/1600 1
        1,118 words
    • Article
      Lock icon Daimler in the process of taking Sogeti stake
      385 48 IHT PARIS Daimler-Benz AG is in advanced negotiations to take a 34 per cent stake in Sogeti SA, the parent of Europe's largest and fastestgrowing computer-services company, Cap Gemini Sogeti, the two companies said. The stake is likely to cost 2.5 billion
      IHT  -  385 words
    • Article
      Lock icon London against quota on UK-made Japanese cars
      179 48 AFP LONDON Trade and Industry Minister Peter Lilley yesterday was to call for free trade in Japanese cars made in Britain within the European Community after 1993, his ministry said on Monday. Mr Lilley was to hold talks in Brussels with EC Commission
      AFP  -  179 words
    • Article
      Lock icon Former pilots of Eastern plan to start new airline
      213 48 NYT ATLANTA An Atlanta financier and a group of pilots, mostly former employees of the bankrupt Eastern Airlines, said on Monday that they planned to start a new airline in November using the Eastern name and some of its assets. The
      NYT  -  213 words
    • Article
      Lock icon ATT may lease its Madison Hq to Sony
      151 48 AFP NEW YORK American Telephone and Telegraph (ATT), the world's largest telecommunications company, said on Monday it planned to lease its Madison Avenue headquarters here to Japanese entertainment and electronics giant Sony. ATT said it would remain headquartered in New York but
      AFP  -  151 words
    • Article
      Oakland approves changes to container wharfage structure
      367 48 OAKLAND Responding to ocean carrier concern over proposed rate increases, the Oakland Port Commission has approved changes and reductions in the new per-con-tainer wharfage structure, effective July 1. "In addition to these changes," said William D Stevens, the port's maritime director, "we're committed
      367 words
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      Page 31 Advertisements Column 1
      25 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping ciation. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      Page 31 Advertisements Column 2
      131 31 m j onagers AAua fi Jri anagcf BT shows you how every Monday. Container Schedule 17 Daily Fraghts 3 Index to Mvertosers 1 Shipping Guide 10,11 Ships in Port 17 Singapore Tides 17 Weather and Sea Conations 17 Weekly Fre«ghts 2 |VA^^VAAMAlfllfllnlkfiV BI tj/ r IS STILL HERE 1^ MOL's
      131 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      89 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS nri Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
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      2224 33 JARDINE SNIPPING AGENCIES IwM 200 Cantonment Road #12-05 Southpomt Singapore 0208 \lllfr *****11 telex no rs 24m WIRTm TERMINALS Tet *****18 220 PBflMflri BOOKINGS Tel *****34 251 L VWV M PESAKA JARDINE SNIPPING AGENCIES SON. MD. *»T KELANG TEL *****18 TELEX NO. MA9477/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
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      Page 33 Advertisements Column 2
      1866 33 DRY CARGO freight rates cased on the continued lack of Soviet chartering news, broken said. The Baltic Freight Index was marked down 14 points at 1,649. The rate on route two Skaw Cape-Passero transatlantic round voyage, fell to U5513.25 from a previous U5513.44. Rates on Pacific routes were also easier
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      Page 33 Advertisements Column 3
      1572 33 TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/SOUTHAMPTON 16 DAYS VMM Voy ETA I ETD 'Port 'Penang 1 DESTINATIONS Singapore Kelang TNI *Mk Louia 9106 Feeder by cv W7 osoo hrs m pw*o BHl■■ CFS IS/7 2366 HRS OAK LOB HOU MEM ATI MIA CHS BAL PHL NYC
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      1162 34 VOY NO S PORE SOUTHAMPTON HAMBURG "aNTWERP LE HAVRE fljfißSt U HONGKONG EXPRESS 02/127 11/7 1/8 30/7 29/7 E KAGA 19/327 13/7 31/7 2/8 5/8 6/8 IBSSSSH* KURAMA 11/128 17/7 8/8 6/8 5/8 L WilWw FRANKFURT EXPRESS 57/328 21/7 7/8 9/8 12/8 13/8 J| Mf TOKIO EXPRESS 01/129 25/7 15/8
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      Page 34 Advertisements Column 2
      672 34 mmm DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG 2404E8 1/8 16/8 19/8 24/8 AISO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA 8 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX STO (PERU) L. J. BONTANG 2404E8 1/8 7/9 8/9 13/9 14/9 11/9 Agents
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      Page 34 Advertisements Column 3
      1422 34 &M9S.] REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SM ALG BCI HAM BRE ROT ANT FEL UM (VIA (¥U (MA ALG) HAM) ROT) NOR ASIA MUBARAK 9118-3 12/07 02/0S 04/ M 07/01 OS/OS 09/0® 10/ M 11/ OS 12/ M NOR ASIA AL-MANSOORAH 9119-3 IS/07 10/01 12/01
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      2071 35 SsSteamers Maritime Holdings Ltd P&O j pinw STRAITS SHIPPING I Containers mjp »o» Ho -»-P«w/ -t-PW Spoil Ml Sou M Rol Hb| LAUST MAfRSK 9101 Oi/tl M/ 07 11/B7 23/07 It/01 29/07 31/07 TOKYO MY 053* o*/»7 M/ 07 13/07 30/07 01/01 03/00 C LAURA mm 9100 13/07 15/07 17/07
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      Page 35 Advertisements Column 2
      2141 35 TO: U.S.A./PANAMA FM: U.S.AJPANAMA vtssti/vov v m ia a m» w rot mc ggi/wr ntc wo* sad cm lor ow v ASIAN JfMTOR 1F127 13/7 7/1 1/0 11/ l 2«<» 2VI ?7/t fAMMM SfNATOt M 177 5 4 7/0 1/0 14/6 2J/0 2« 21/7 CHOYANG CHA NCI EFI2I 20/7 14/0
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      Page 35 Advertisements Column 3
      399 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel Ivor sp pi Tiuc Ik* cosrrc leader 1 a 5 ITpt TWMKLE ACt 1 APT U/7 MOMOSHMA MARU 1 15/7 TIWCS AUTO 16 "1577 ls/7 BROS 1 lt/7 li/7 1 CHAMPION TRAOE* 1? U/7 COSMK CHALLENGER 1 "I 1 15/7
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      542 36 »R<- "CRHBB **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE «L/WT ISTOtt ROAM, M>AM HBURG BREMEN ANTWERP SKfWUAYA, 32M8 1-4/1 3/9 919 12/S WUU/23W8 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subpart to kxtuc«m«nt Also accepting cargo to C«»»bl»nc», Port BaW. Port AtoMindrta. Ga*oa. Trlaato. ALSO ACCEPTING BOTH
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      Page 36 Advertisements Column 2
      963 36 a 3E SKI HANJIN SHIPPING S'poro lEH ATM AIM HAM WV FEI FEEDER VSL SJN LINE HAUL LGB OAK HANJIN VANCOUVER 005* 15/7 2/8 3/8 4/8 4/8 5/8 6/8 i HANJIN LONGBEACH 034E l»/7 WRECT l/l 10/01 HANJIN LEHAVRE 013* 22/1 9/8 10/8 11/8 11/8 12/8 13/8 HONGKONG 030E 24/7
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      Page 36 Advertisements Column 3
      50 36 trau m Dim. mm/soum hbkx »<*c hd mm ocua v/eccci ft AVAILABLE FOR e..TOuAWgByTRAN&H^MIENT kSmS: W iSrrisrr -O. BIKAYA" —MN BAT AM WCTKLY WVtCW v -TMC SHIPPING'A AARON ORIENT LINES Tel: *****11 Tlk: R» ***** Fa«: ***** M 163. TRAS STREET. W* 05 V ijLjAN HUAT BUILDING. S PORE 0207.
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      Page 36 Advertisements Column 4
      1225 36 na SCP «6 KSG KL6 l« ~WT llf'limUlMHlKliWlllirißHOl* e OUT AE-U3 10/7 11/7 11/7 17/7 10/7 22/7 H/1 */7 VP a/7 a/7 l/l 20/1 22/1 21/1 1/0 2/0 VI VI M/ 0 *V» WI He GOLKN H-031 17/7 11/7 2V7 HP 20/7 21/7 Jl/7 VI VI «/l VI W/l 2VI
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      Page 37 Advertisements Column 1
      1879 37 NEPTUNE AGENCIES rib LIU bINUAtOJMC itu i/rof// iwi IMV* mua/wuwcj BOOKINGS: NEPTUNE LINK TEL *****00 USA SERVICE -*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE -*****19 DOCUMENTATION DEPT: *****44/*****14 mSp mm K AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT *****53/*****04 K2 M FAR EAST SERVICE -*****48 CFS: K27 IMPORT *****69/*****50 KK nepuneson bhd
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      Page 37 Advertisements Column 2
      1008 37 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 lEASTBOUTC—OSCHMGMG TMMHPTED W MgßPgj! 1 *35 w E Ivor |m \m* I-. In- \wm |«n~ icl iwt I^l P TOWTVKM 55T K/06
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      1553 38 t K-W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W T TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I I M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD M*J ML MmJ TEL: PJH*****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI RISEN KAISHA, LTD 'NiX)NESIA: P.T. S/tftANA LAUT
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      Page 38 Advertisements Column 2
      1174 38 rjrt PHIU-ORI€NT UN€S PT€ LTD 1 0fl ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHH.I FAX: *****76/*****38 tJjkV BY AIR, LAND OR SEA... SKcmJF WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION W r 15 JUL Montreal, Ottawa, toronto.
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      Page 39 Advertisements Column 1
      1289 39 I 1 PACIFIC INTERNATIONAL UNES (PTE) LTD SaSSSSS M Mfc PH- Building, 140 Cecil Street #0800, Singapore 0106. JAKARTA i BANGKOK 1 VESSEL VOV SIN JKT UN VMSEL VOV SIN WCK SIN 4 HAI QUANO 8110 W7 18/7 KOTA BINTANQ t«1 11/7 14/7 «/7 I BUMGA TERATAI 283 14/7 18/7
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      Page 39 Advertisements Column 2
      990 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** F? EXPRESS CONTAINER:"SERVICE TO UK/CONTINEHT t® VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HQLLANO UK GERMANY/SCAN SWEDEN Nedlloyd Dettt 228 11/7 27/7 28/7 29/7 31/7 Nedl'oyd Houtman 226
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      Page 39 Advertisements Column 3
      411 39 MYANMA FIVE STAR UNE (Myanmar National Una) Loading for Yangon (Rangoon) Sport P.KIf Pen P.Gdf MYOMAYW* VI36W In Pt PATHEW *112* 12/17 Jul MAGNAY V2IW J/10 Jul 12/14 W 1 SAGAMG *2411 14/17 M HPA-AN VI64W 11/21 Jul PAGAN VI72W 22/25 Jul tothimhkume (A Mrvtc* of Andrew Wolr Shipping) VT
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      720 42 PNllVl'lThlfilliHilllilliiH to Australia/new Zealand [tti ft9m 11Mb lAuck [Si If CHAIM 00.088 274 22/7 HJI 4/i 1/1 13/1 7575 MAATMA 275 12/t IJ/I 22/» »/i 27/1 jT7» i CUIN HUDW 27« 23/* JO/S 4/5 «/J 14/» 15/» TS7S MUSSIL 277 14/1 20/» 23/1 21/1 30/5 ITIO TO USA/CANADA *5 Sfc««Mr«
      720 words
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      Page 42 Advertisements Column 2
      752 42 I n OUTBOUNO VOY PKL PNC IKT SH HKG KAO KEE TYO SM2 NGO KOB I Vtssa VOY SM PKL HIC BLW SW TSK CHORUS 21 13 7 »»«7 12.7 >9.7 23.7 24.7 25.7 EQUATOR PRCC 998 11.7 12-7 13 7 j ACX ROSE 168 *12.7 12.7 1t.7 20.7 22.7
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      Page 42 Advertisements Column 3
      183 42 1 WjJJ 1 pYFiIMUn pelayaranl i W* KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/FID DESTINATION i I NIAGA XXI Voy 15/91 11/12 Jul Jakarta/Palembsni I NIAGA 42 Voy 11/91 15/16 Jul Jakarta/P*mban| NIAGA XXI Voy 16/91 18/19 Jul Jskarta/Paleinbiitf I NIAGA XXI Voy 16/91 22/23 Jul JakYta/Palembanc I
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      Page 42 Advertisements Column 4
      1581 42 Isa f S f > CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE mum-i kenis: SINGAPORE'S GENERAL AGENTS ?^?»iSr«iTDt CHUNG SHim spH W COSTAR SHIPPING PTELTD uTS5if S(R« KMNG -TU C2M4I lUb M ***** KP^iS?/ FWL (12) (21) 3H9W GUAN GUAN SON BHD CX NO **********0 M t*S S 111/14
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      Page 43 Advertisements Column 1
      735 43 R_ en swippma isi rrt ltd Tj. |\_Jll33 New Bridge Road n I h|#oK)B Chinatown Point Singapore 0105 GUARANTEED CONSOL TO:KEELUNG/KAOHSUNG 11-7.91 HONG KONG 12.7.91 BUSAN 14.7.91 BANGKOK 13.7.91 EUROPE 14-7.91 TOKVO/KOBE/YOKOHAMA 14.7.91 USA 157.91 AUCKLAND 217 91 FREMANTLE 167.91 SYDNEY/MELBOURNE 15-7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155
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      Page 43 Advertisements Column 2
      444 43 S RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 UnM) m FAX: *****15/*****03 fH TELEX: R3 ***** RIBHIP (3 UnM) Of\ ETHIOPIAN SHIPPMG UWK V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANWNET 24W8 15/08 DARESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA ABYOT
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      Page 43 Advertisements Column 3
      779 43 '[PI SEAWARD SHIPPING AND TRADING CO (S) PTE LTD i eta eta eta SPORE NiT KELANC FOMNS ■UK MOt 15/7 11/7 (Lwwirt) 10/7 Loadmi lor Mm MJVAI NUDNU 20/7 lOKkr* tor Calcutta 00UH Ml in loaiknf For Malt now* sum* m pt 10/7 LoadMf For Maw OONAKUUf 15/7 Loaded For
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      Page 43 Advertisements Column 4
      741 43 BANGKQK WFUNETA ***** M PI 22 24/7 20-21/7 WANTA BHUM 41 M PI 10/7 S«t 11/7 BLABHUM 110< 20-21/7 2-4/1 0-0/0 IMHA BHUM# tSN FH 12/7 Hm U/7 fIUtTA ***** 0-10/7 22-24/7 20-20/7 OEM NUT# 11 frl 12/7 Ml 15/7 NORCKACH 03N Sat 13/7 T— U/7 IP.ftELANG/PENANG/KUANTAN wanta ohum m
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      Page 44 Advertisements Column 1
      1158 44 S'PORE IMPORT: *****021 l PENANG: (04)*****6 J. BAHRU: (07)*****2 KK: (088)*****0 MEOAN: (061)*****2-',!' I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082)*****3 SURABAYA:(3I) *****0 UK/SCAMMED PORTS COLOMBO®. AFRICA -"■a""*—™ S|N nH PK SIN Colombo 15/7 16/7 17/7 11/7 12/7 13/7 Ldn/Flx/Rdm/Ant Durban/Pt Louis 18/7 19/7 20/7 13/7 14/7 15/7 Gottwnburf/Stockholm/Oslo
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      Page 44 Advertisements Column 2
      365 44 BLUE star line SINGAPORE TO II NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, -YTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK IVT KOSPECT VI3S In Port It U NPI II U
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      Page 44 Advertisements Column 3
      1193 44 THONG SOON LINES PTE. LTO. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHO^ABLE^OSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor |ETI IiEST VESSEL VIT SPOiE P. KEIAWC KIM
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      Page 45 Advertisements Column 1
      656 45 \KJL DE VAPORES "PERUVIAN STATE LINE" ACCEPTM6 BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penanj* P Kdang Smfapore E'Msia KAMA (.EVERETT 12/14 Jul 15/17 M THOMASEVOtETT 22/25 Jul KARAHEVOETT 21/30 M 31 Jul/02 Au( "EVERETT ORIENT
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      Page 45 Advertisements Column 2
      511 45 VSL [VP 1 IS'PORt [MA— -RCR fc-AX »ST jSAV |NYC IffF"! m KAOHHUNB IME 11/7 ON CANttA 11/8 20/8 WJ 27/J ZM AIiUMNUA |7E 17/7 ON CANADA 11/1 20/1 23/1 25/S 27/1 S meSSI Ml 25/7 ZM ITALIA 27/t 5/» I/* 10/* 12/* mrOKOHMM IK 29/7 ZM ITALIA 27/1 3/*
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      Page 45 Advertisements Column 3
      610 45 I MULTI-MOPE SHIPPWB PTt LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. OAMMAN SHARiAH DOHA. MUSCAT. BAHRAIN. ABU OHABI. BANOAR ABBAS. JEOOAH FAR EAST ACCEPTINO FCL/LCL PENANG. P/KELANG, JAKARTA. BANGKOK. HONG KONG. TAIWAN. lAPAN. MANILA. KOREA UK/EUROPE ACCEPTINO FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY. ABEROEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN AIL
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      Page 45 Advertisements Column 4
      588 45 fW •ERINTIS LINE I jl ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESBEL VOV SIN JKT BBV PRASETIA 179 A 11/07 14/07 PELOPOR 996 13/07 16/07 MELITA 19/91 16/07 19/07 PRASETIA 181 A 18/07 21/07 PELOPOR 997 20/07 23/07 TANTO UTAMA 177 13/07 16/07 TANTO UTAMA 179 21/07 24/07
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      Page 45 Advertisements Column 5
      372 45 SW FM EAST 14/7 KEELUNG/KAOHSIUNG 14/7 BANGKOK 13/7 MANILA/CEBU 13/7 JAKARTA/BELAWAN/SURABAYA 13/7 PORT KELANG/PENANG/E. Malaysia 13/7 BUSAN 14/7 TOKYO/YOKO/KOBE/NGO/OSA 15/7 HONG KONG SIN CMIMi 15/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo sin imon/m 15/7 LDN/FLX/LVP/SOU 15/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. sjh usa/cmm 18/7 LOS
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      Page 46 Advertisements Column 1
      791 46 FIL Container Semces Pte Ltd r I Hb TOTAL SERVICES NVOCC MADRAS CALCUTTA VBL VOY BtNOAPORE/MADRAB/BINGAPORE VBL VOY BIMOAPORE/CALCUTTAVBINGAPOBE VESSEL VOY Sm MAA SW VESSEL VOY SW CM. S« •*XT AVAILABLE 10-10/07 16-18/07 24-25/07 NEXT AV/ULABLE 11-12/07 11-21/07 27-21/07 11-11/07 24-26/07 01-01/0* 21-22/07 27-31/07 06-07/01 21-22/07 26-30/07 05-05/06 21-22/07 27-31/07
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      Page 46 Advertisements Column 2
      566 46 /jvSETH SHIPPING CORP. SON BHD ZzHm, PT. KLAUS TEL: ««»TSIO6 VXDC/ ***** sw SIM Til 064 31M22 TAWtt Tll KK Til DU*****0 KOCH Til M 2 «4433 M'SIA TO USA/CANADA COWTAIMER SERVICE IFtIDU I HOT PEN Imt HW U/IB »st wc Hr» B SflOl* 1775S 4/7 I— 12/7 H/l ?0/»
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      Page 46 Advertisements Column 3
      465 46 7KAA/STJAffC PENANG KL. ALLIED-LINK SINGAPORE: /ggN 04-*****2 *****8959 778 6522(22 linesi TO) f Marina Oofl Susan Nq/Philip Kaa V Irana Chang/Eathar. Yap S PLATOU PACIFIC I I SHIPPING SERVICES V REOLN-AR FAN EABT M. AMERICA BMCAKSULK OWNERS' REP OFFICE TEL: 222*111 SINGAPORE: FAX: *****88 hansa cupper RIGA V.028 AMETHYST 8.030
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      Page 46 Advertisements Column 4
      373 46 MANILA ETA VIGOUR SINGAPORE <NB 13/7 VIGOUR PACIFIC 41N8 20/7 BANGKOK 13/7 20/7 BUSAN 12/7 22/7 HONGKONG 12/7 22/7 DURBAN/PT LOUS 26/7 3/8 KEELUNG 14/7 21/7 US A. 15/7 22/7 PT KELANC 12/7 19/7 KOBE 17/7 21/7 PIRAEUS 12/7 22/7 OSAKA 17/7 24/7 JAKARTA 11/7 15/7 SURABAYA 12/7 15/7 CHINESE-POLISH
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      Page 47 Advertisements Column 1
      351 47 vQc vO c O c vO c O c \O c vOc U VAN OMMEREN CETECO GROUP V V TRANSPORT DIVISION f" 0 VOTAINER CONSOLIDATION SERVICES: S A THE ONLY CONSOLIDATOR WITH WORIDWIDE NETWORK f V J Weekly FCIACL Services To/From V-. V/ V USA EUROPE FAR EAST > Baltimore:
      351 words
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      Page 47 Advertisements Column 2
      494 47 MORE FREQUENT FLIGHTS WORLDWIDE [NEWZEALAND/FUI rn !■■>«, w a TSi r, tn sr sr w isr™ v i sr <Bl w- w w ™|T IKSSIm 117 3/7 2 1/8 "i/i 2 2/ i 19/1 2S/8 IS 1 21/8 22/8 22/8 25/8 26/8 27/8 Accepting P Chalmers via T.maru Cargo To
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      280 47 TIDES AND WEATHER WMMMMMMMM -imu liiW n ■ll* mill MfiiWWW»IM>^WW»MWWBM»WW»WWWMWMBIirTt**WTTI*rmTir*T**' ,M ,M<,M,MMIi^, ,l, a aM TOPArS TOES (height in metres) hoiioim tin Q2omimmMHWH7in»itnoninntm>m»mmwiwi 7 w i<<|M> a<>a<t 22,1 JR 14 10 07 OS 07 09 12 1.6 1.9 2.0 2.1 1.9 1.6 1.4 12 12 1J 15 2.0 25 25
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      Page 48 Advertisements Column 1
      801 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST ftaq WT Ml ftt m IMHAUL VOY LBH OAK SEA UK HAH W TCM/g* PTI MMG CHUN 127 07/07 01/07 10/07 H. IMOVATOR 42£ 05/00 00/00 11/00 BAY WOGE 02 01
      801 words
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      Page 48 Advertisements Column 2
      120 48 PABV) GUDANG/SINGAPORE TWICE WEEKLY SAVINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 015S 12/7 13/7 016S 15/7 16/7 017S 19/7 20/7 018S 22/7 23/7 019S 26/7 27/7 020S 29/7 30/7 RASIR GUDANG .SKfffSSI (07) *****0/*****1 (02)534-0042 BBBB? 7= DAMAR SEGARA AGUNG UNES VESSEL VOY SPORE JAKARTA DASA ENAM
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      Page 48 Advertisements Column 3
      445 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) •***.<«.*■. IP^H to CmAiml ItoM SWJK I'TOH turn irk NMMM MB K/U7 11/7 1/1 «/7 2V7 HMa :I. MM*. MM* o*. MM UH 11/87 11/7 11/7 2/1 VI l/l m.in i :It trmm MEDITERRANEAN (MED CLUB)* JEDDAH EBH •KOU n/« IST" IST
      445 words