The Business Times, 11 July 1991

Microfilm: NL17605
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, July 11, 1991 75*
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  • NEWS SUMMARY
    • Article
      EC makes progress on formula for Tokyo relations
      50 1 THE HAGUE The European Community appeared yesterday to be making progress on its formula for a framework of broad relations with Japan, a diplomat involved in talks on EC political cooperation said. The initial text, to which France objected, had been changed.
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    • Article
      Slovenian approval for EC peace plan
      47 1 LJUBLJANA, Yugoslavia The Slovenian parliament yesterday overwhelmingly adopted the European Communitybrokered Brioni accord aimed at settling the conflict between the breakaway republic and the federal authorities in Belgrade. The vote on the accord was 189 for, 11 against and seven abstentions.
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    • Article
      JB to set quotas
      24 1 JOHOR BARU is likely to impose export quotas on fish and vegetable produce to curb price increases there. Page 7
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    • Article
      Far-reaching fallout
      28 1 THE fallout from the eruption of Mount Pinatubo could have unsettling implications for the entire Asian region, particularly South-east Asia, says a risk consultancy Page 7
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    • Article
      EC farm reforms
      27 1 THE European Commission has proposed a sweeping reform of EC agriculture support schemes to cut vast over-pro-duction and control spending on subsidies Page 8
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    • Article
      Bush plan approved
      34 1 US President George Bush has won the backing of the five permanent members of the UN Security Council for his plan to limit arms arsenals in the Middle East Page 8
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    • Article
      Major makes MFN plea
      25 1 BRITISH Prime Minister John Major has urged the US to restore preferred trading rights to China to benefit Hongkong Page 8
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    • Article
      Discount card battle
      16 1 A FIERCE battle is now being fought among discount card issuer Page 14
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    • Article
      Keeping with trends
      20 1 EVEN fashion designers must learn how to alter their styles to suit current economic realities Page 17
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    • Article
      Line sets up office
      37 1 INTRA-ASIA liner operator Wan Hai Steamship has set up a marketing office in Singapore, the first step in its plans to eventually base its Southeast Asia regional headquarters here. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      33 1 WALL STREET stocks maintained a solid advance in midmorning yesterday, with blue chips trading just off session highs. The Dow rose 28 to about 2975 after the first hour of trading.
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    • Article
      Footsie higher
      30 1 BRITISH SHARES were higher at midday yesterday on optimism about a possible cut in interest rates. By about 1115 GMT, the FTSE 100Share Index was up 15.8 points.
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    • Article
      IGB unit moves ahead
      31 1 IGB Corporation's property development arm is finalising three new hotel projects in Kuala Lumpur's Golden Triangle that will add about 1,500 rooms in the city Page 3
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    • Article
      Launch postponed
      31 1 THE LAUNCH of the Kuala Lumpur Options and Financial Futures Exchange, planned for the second half of this year, has now been put back to next year Page 3
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    • Article
      Policy rethink
      30 1 P T Semen Gresik's dismal debut on the Jakarta exchange has increased pressure on Indonesian authorities to rethink the tight money policy they introduced in March Page 4
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    • Article
      Two funds introduced
      28 1 OCBC BANK, Weame Brothers and venture capitalist Walden Pacific yesterday joined forces to introduce two parallel venture capital funds worth some SSI4O million. Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 707.57 +5.08 Kuala Lumpur ....608.11 +4.89 Tokyo 23,121.30 +512.34 Hongkong 3,901.23 -2.96 Sydney 1,542.8 +4.0 Tuesday Change New York 2,947.23 -14.75 London 2,487.9 +21.1
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7590 100 Yen S$ 1.2677 MS S$ 0.6307 Money market rates Overnight 4% +1-1/2 3-month 5-7/8 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$370.20 +USS1.20 Rubber S'pore Aug 143.75Vkg -0.25 M'sia Aug 229.50*/kg unch KL Tin Turnover 23 tonnes -6 Spot MS 15.45/kg -0.04 Crude palm oil Turnover 1,371 lots +26 July MS812 /tonne -4
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  • Article, Illustration
    Lock icon Main thrust to sustain growth
    528 1 Sixth Malaysia Plan Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday unveiled Malaysia's 1991-1995 development plan featuring higher public spending to streamline the booming economy, improve infrastructure and strengthen defence. Presenting the Sixth Malaysia Plan in parliament, Dr Mahathir said that its main thrust
    Reuter  -  528 words
  • Article
    Daiwa, Yamaichi units in S'pore hit by suspension
    360 1  -  By Quak Hiang Whai THE SINGAPORE subsidiaries of Japanese brokers Daiwa and Yamaichi have been asked by their head offices to refrain from certain trading activities during the four-day suspension imposed on them by the Japanese authorities. Kiyoshi Matsuba, president of Daiwa
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  • Article
    Lock icon Japan's list of scandals draws in two new faces
    193 1 FT TOKYO Japan's list of financial scandals lengthened yesterday to draw in a leading industrialist known for his philanthropy, and the chairman of the country's biggest stockbroking house. Tadao Yoshida, the presi- dent of YKK, the world's largest maker of zip
    FT  -  193 words
  • Article
    Lock icon Tokyo police raid golf club linked with scandal
    76 1 Reuter TOKYO Japanese police have raided a golf club linked with the scandal engulfing the Japanese securities industry on suspicion of foreign exchange violations. A Hyogo Prefectural Police spokesman said Hyogo police and the Metropolitan Police Agency raided Iwama Kaihatsu, Iwama Country
    Reuter  -  76 words
  • Article
    Bumiputra deal-makers at work
    39 1 TWO bumiputra businessmen have been very much in the news lately. Corporate Focus looks at Ishak Ismail of Idris Hydraulic and Tan Sri Basir Ismail, the one-time Bank Bumiputra chairman now turned corporate deal maker.
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  • Article, Illustration
    Lock icon Japan market scandal: minister to take pay cut
    383 1 Agencies TOKYO Taking responsibility for a widening stockmarket scandal, Japanese Finance Minister Ryutaro Hashimoto said he would take a salary cut and announced reprimands and penalties for other ministry officials. In a rare admission of government guilt, he told a news conference:
    Agencies  -  383 words
  • Article
    Lock icon KL to form securities commission to act as overall watchdog
    288 1 Bernama KUALA LUMPUR The Malaysian government plans to set up a securities commission to act as a single regulatory body to promote the development of the capital market under the Sixth Malaysia Plan (SMP). Under the plan, the proposed agency
    Bernama  -  288 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 Burberrys i > I o .^T"">» S Reigns when it pours 8 M t Marketing 14 Money Changer Rates 27 Weather 27 Aircraft Schedule 27 Money Market 25 World News 8 Commodities 28 Regional Co News 4 Cryptic Crossword 27 Regional News 7 For market indices, editorial. Editorial 10 Regional
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    • Advertisement
      Page 1 Advertisements Column 2
      28 1 See Page 13. BT Investment Race: Turn to Page 15 for the fourth Money Coupon that you need to cut out to join the BT $100,000 investment challenge.
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    • Advertisement
      Page 1 Advertisements Column 3
      92 1 BALLY SHOES FASHION ACCESSORIES Focus, Pg 12 BTTop 100 companies, Pg 11 IP YOU LI ICE At Le Mercier's, we feoture the ultimate in Italian Furniture Design. FERRARIS, If you appreciate the style of Ferrari, Lamborghini and LAMBORGHINIS our stylish range. There's AND Mariani, Saporiti, Busnelli, Brunati and Arketipo. YOU'LL
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Romanian ambassador presents credentials
        45 2 THE first resident Romanian ambassador to Singapore, Mr lon Dorobantu, presented his credentials to President Wee Kim Wee at the Istana yesterday. Mr Dorobantu, 61, has been serving in the Romanian foreign service since 1958. He speaks English, Chinese and Russian.
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      • Article
        PWD to reopen road
        47 2 THE PUBLIC Works Department will reopen the stretch of Clemenceau Avenue between Penang Raod and Fort Canning Road this Friday at 4.45pm. This stretch of road had been closed during the construction of the Central Expressway linking Bukit Timah and Chin Swee Road.
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      • Article
        Thai commander in Singapore
        56 2 THE Supreme Commander of the Royal Thai Armed Forces, General Sunthorn Kongsompong, begins his four-day visit to Singapore today at the invitation of the Chief of Defence, Lieutenant-General Winston Choo. During his visit, General Sunthorn will call on Prime Minister Goh Chok Tong, Defence Minister Dr
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      • Article
        SAF team leaves for Angola
        49 2 AN EIGHT-MAN team from the Singapore Armed Forces left for Angola yesterday on the second United Nations peacekeeping mission the SAF is participating in. The United Nations Angola Verification Mission is led by Lieutenant-Col-onel Sumanthiran Cumaraswamy, commander of the 9th Reserve Infantry Training Centre.
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      • Article
        Audio exhibition opens
        80 2 ENTERTAINMENT technology audio, sound and light has not been viewed with the same extent of awareness in Asia as the other technologies have enjoyed, said Robert lau, director of Redifusion and chairman of the Institute of Systems Science. However, with sustained economic growth in Asia, there will
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      • Article
        More babies bora
        85 2 THE first four months of this year saw a 4.5 per cent increase in the number of babies born over the same period last year and, if the trend continues, total births this year may settle between 52,550 and 53,000, Health Minister Yeo Cheow Tong said in
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    • Article, Illustration
      Wooing the Japanese tourists
      324 2  -  Conference and dialogue session to revitalise industry By Hong Lee Tiam SENIOR executives of the top eight Japanese tour wholesalers and representatives from the Singapore tourist industry will meet here Saturday next week to discuss the downturn in Japanese arrivals and measures to remedy it. The
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    • Article
      Bank loans and advances up in April
      406 2 MAS report charts sluggish growth at finance companies BANK LOANS and advances in Singapore rose to 5559.86 billion in April, up from 5559.21 billion in March and 5553.51 billion a year ago. According to the Monetary Authority of Singapore's latest monthly statistical bulletin,
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    • Article
      SES revokes broking licence of dealer
      309 2 THE Stock Exchange of Singapore has revoked the securities broking licence of Phoa Seng Chee, a former Alliance Securities company dealer, and fined him $50,000 for alleged poor business practice. This was disclosed in a notice which the SES circulated among the stockbroking community
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      165 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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      Page 2 Advertisements Column 2
      74 2 A BOIDDEVELOPMEMT M >-■-*• TT?-;ss!sr»sliilirniMf Wfl ■PPPtfflß" 1 M 10 HOE CHUNG RD fs' 7 i Easy access via ECP and AYE 5-minute walk V f from Tanjong Pagar MRT Column-free office IJBk space Computerised building management y system Conference facility High speed lifts Ample carpark lots OFFICES FOR LEASE.READY
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      IGB finalising 3 new hotel projects in KL
      398 3  -  They are likely to add 1,500 rooms in the city By Salil Tripathi EVEN AS IGB Corporation formalises a takeover strategy for MUI, its property development arm is finalising three new hotel projects in Kuala Lumpur's Golden Triangle that will add aboiit
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    • Article
      18th Annual Report Award competition launched
      179 3 THE 18TH Annual Report Award (ARA) Competition which includes all companies listed on the Stock Exchange of Singapore (SES) and Sesdaq was launched yesterday. The competition, jointly organised by the SES, the Institute of Certified Public Accountants of Singapore (ICPAS) and the Singapore Institute
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    • Article
      UK-based BAT signed MoU with Viet firm
      201 3 BRITISH-AMERICAN Tobacco Company (Singapore) Ltd has clarified that the UK-based British-American Tobacco Co was the signatory to a Memorandum of Understanding (MoU) to set up a joint venture with Vietnam's tobacco giant Vinataba. In an article in BT yesterday it was reported that
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    • Article
      Lock icon Launch of KL options exchange put back to '92
      478 3 Bernama KUALA LUMPUR The launching of the Kuala Lumpur Options and Financial Futures Exchange, planned for the second half of this year, has now been put back to next year, Commerce International Merchant Bankers Bhd executive director Dr Munir Majid said
      Bernama  -  478 words
    • Article
      Investors in NatSteel need to take a long-term view
      735 3  -  THE HOCK LOCK SIEW COLUMN Lower steel price expected to affect group's earnings this year By Lilian Ang DIVERSIFIED Nat Steel has shaved its steel prices for the second time this year. But while contractors in the construction industry greet the
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    • Article
      Keppel Marina buys partner's stake in venture
      196 3 KEPPEL Marina Development (KMD) has bought over its partner's entire 40 per cent stake in Keppel Marina Services (KMS) for $80,000. The agreement with Marinaview was signed on Monday. KMD now owns 100 per cent of KMS, up from 60 per cent prior
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    • Article
      Lock icon Pengkalen places manufacturing under subsidiary
      252 3 Bernama KUALA LUMPUR Pengkalen Holdings Bhd is to carry out a re-organisation to place all its manufacturing activities under its soon-to-be-listed subsidiary, Pengkalen Industrial Holdings Bhd. Pengkalen Industrial Holdings chairman Tan Sri Jamil Mohamad Jan said yesterday that Pengkalen would soon inject some of its
      Bernama  -  252 words
    • COMPANY BRIEFS
      • Article
        Kuala Kampar-MMC Engineering merger
        145 3 KUALA LUMPUR Malaysia Mining Corporation said yesterday that the proposed merger between Kuala Kampar Tin Fields and MMC Engineering Services is to rationalise the engineering activities of the MMC group. Replying to a query from the Kuala Lumpur Stock Exchange (KLSE), the company said that the
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      • Article
        Satera buying stake in Magpa
        51 3 KUALA LUMPUR Satera Resources (Malaysia) Bhd yesterday announced that it had entered into an agreement with Persatuan Besara Kerajaan Malaysia to acquire 3 million ordinary shares of Msl each representing 60 per cent of the issued and paid-up capital of MAGPA Properties for Ms 3
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      • Article
        Setron's new chairman
        69 3 KUALA LUMPUR Setron (Malaysia) Ltd yesterday announced several changes in the company's senior management. Datuk Ahmad Razali bin Mohamed Ali has been appointed chairman of the company, replacing Tuan Syed Mohamad bin Murtaza. Datuk Ahmad Razali was also appointed chief executive officer of the Setron (Malaysia) group
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      • Article
        Southern Acids share offer
        73 3 KUALA LUMPUR Southern Acids (Malaysia) Bhd is offering for sale 13.8 million shares of its fully issued share capital of 43.23 million shares (of Msl each) at M 53.50 per share. The company issued its prospectus yesterday. Of the 13.8 million shares, 459,000 have been set
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      • Article
        FEAB Land sells 4 ha land
        70 3 KUALA LUMPUR FEAB Land Sdn Bhd, a wholly owned subsidiary of Far East Asset Bhd, has agreed to sell a piece of land measuring about four ha to Pintarmas Sdn Bhd for M 57,021,740 in cash. Far East said in a statement that the
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      • Article
        M'sian Mosaics buys property
        43 3 Kuala Lumpur Malaysian Mosaics Bhd says its proposed property acquisitions would provide an opportunity for the group to consolidate its position in some key properties in Tawau, Sabah. The puchase would include commercial land, a shophouse and residential buildings.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      607 3 wm T~l The 7th Asia-Pacific Petroleum Conference I 9 The Premier Meeting Place for the Oil Industry... 1 23 25 September 1991 Raffles City Convention Centre, Singapore j POST-GULF CRISIS: THE NEW ORDER As the world enters the post-gulf crisis period, the spotlight remains on the oil industry. What are
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  • REGIONAL COMPANY NEWS
    • Article
      Gresik's sad debut may make Jakarta rethink money policy
      635 4  -  Govt plans to privatise 2 more cement firms now in doubt From Maggie Ford in JAKARTA JAKARTA PT Semen Gresik's dismal debut on the Jakarta Stock Exchange has increased pressure on Indonesian authorities to rethink the tight money policy they introduced
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    • Article, Illustration
      Lock icon HK exchange staves off clash with watchdog body
      325 4 FT HONGKONG Hongkong's stock exchange on Tuesday night staved off a head-on clash with the Securities and Futures Commission, the colony's regulatory watchdog, when its governing council narrowly voted to accept reforms which it had thrown out last Friday. The decision will
      FT  -  325 words
    • Article
      Lock icon Formosa Plastics applying to build petrochem complex
      246 4 Reuter TAIPEI Taiwan's largest industrial conglomerate will apply to the government on Wednesday to build a US$3.3 billion (SSS.B billion) petrochemical complex after a five-year delay due to antipollution protests. The Formosa Plastics Corp Group (FPG) will file an application with the Industrial
      Reuter  -  246 words
    • Article
      Lock icon NZ bourse to decide on listing of 20 companies
      207 4 Reuter WELLINGTON The New Zealand Stock Exchange expects to decide by the end of this week whether 20 companies, most of them in financial difficulty, will continue to be listed, exchange chairman David Wale said. "The exchange expects to make a
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    • COMPANY BRIEFS
      • Article
        IFC to finance hotel in Manila
        83 4 WASHINGTON The International Finance Corp, a World Bank affiliate, said it will invest US$59 million in Makati Shangri-La Hotel and Resort Inc to help the company finance construction of a five-star hotel in Manila. Construction of the 697-room hotel is under way and is
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      • Article
        Thai-S'pore exhibition venture
        63 4 BANGKOK A leading Thai publishing company has formed a joint venture with a Singapore company to organise conferences and exhibitions in Thailand. Thailand s Sin Poh and Singapore's Conference and Exhibition Management Services (CEMS) are calling the new company Sin Poh and Cems. and it plans to
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      • Article
        Compass eyes govt airline
        64 4 SYDNEY Australia's fledgling Compass Airlines said it is interested in buying Australian Airlines, one of the country's two major carriers. The statement came within hours of the deadline for expressions of interest in the government-owned airline. As part of the Australian government's privatisation programme, it intends
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      • Article
        Sega in video-game talks
        48 4 TOKYO Japanese video-game maker Sega Enterprises Ltd is negotiating with Britain's Virgin Group to purchase Virgin's video-game equipment retail chain for about eight billion yen (*****.6 million), a Sega spokesman said. The purchase is aimed at strengthening Sega game-equipment sales in Europe, he said.
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      290 4 FOR SALE 0 NEW ZEALAND HOTELS FREEHOLD PROPERTIES HIGH YIELD PRICED TO SELL I MANAGEMENT AVAILABLE WITH GUARANTEED RETURNS I I lAUCMD (HRKTQIUKCH I PENSM ITEANAI' I *114 I I Vacation Inn Vacation Inn Vacation Inn Vacation Inn Kingsgate I I 222 rooms •91 rooms, 5 suites 100 rooms, 2
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon French, UK gas giants expand in east Germany
      385 5 Reuter BERLIN French gas giant Gaz de France has announced plans to join international energy firms in the privatisation of eastern Germany's gas network, a lucrative monopoly in the defunct communist state. Chairman Francis Gutmann said his company was to sign a
      Reuter  -  385 words
    • Article
      Lock icon UK electronics retailer Dixons' pre-tax profits rise slightly
      252 5 Reuter LONDON Pre-tax profits for electrical and electronics retailer Dixons Group pic rose slightly in 1990-91, bucking a trend of weak consumer demand which has blighted other parts of the UK retail sector. Dixon said its pre-tax profits for the year to
      Reuter  -  252 words
    • Article, Illustration
      Lock icon Bull chairman says NEC unlikely to raise stake
      524 5 Reuter PARIS The chairman of Cie des Machines Bull, Francis Lorentz, said he thinks it is virtually inconceivable that NEC would seek to raise its stake in Bull. He could not imagine circumstances under which the government would agree to sell more
      Reuter  -  524 words
    • COMPANY BRIEFS
      • Article
        No cash missing from Polly Peck in Cyprus
        80 5 LONDON No money relating to £25 million of theft charges is missing from Polly Peck International pic units in northern Cyprus, claims a report by accountants Binder Hamlyn, the London Times newspaper reported. Binder Hamlyn is commissioned by lawyers for Polly Peck
        80 words
      • Article
        Digital cuts 800 more jobs
        80 5 MAYNARD, Massachusetts Digital Equipment Corp retroactively cut 800 sales and sales support staff under its fiscal 1991 programme to slash 8,000 jobs, a spokeswoman said. The layoffs, enforced this month, will be charged to the fourth quarter of fiscal 1991 ended June 30. Digital increased
        80 words
      • Article
        Suedzucker sees flat profit
        93 5 OBRIGHEIM, Germany Suedzucker AG said it expected roughly unchanged operating profit in the current business year after it posted Dm2o6 million (S$ 199.3 million) in the previous year. Management board spokesman Klaus Fleck said group sales would rise to five billion marks in the 1991/92 year
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      • Article
        Montedison unit in Corning deal
        69 5 MILAN Himont Inc, the US unit of Italian chemicals group Montedison SpA, has reached an agreement with Dow Corning Inc to develop silicon-based chemicals for catalyst systems used in making plastics. Under the agreement, Dow Corning will develop and furnish the chemicals, which will be
        69 words
    • Article
      Lock icon Canada's Laidlaw likely to post shaky earnings
      263 5 Reuter TORONTO Laidlaw Inc should report third quarter earnings of between 16 Canadian cents (about 25 Singapore cents) and 18 cents a share, an improvement over its poor second quarter but about half last year's levels. The waste management and school bus operations
      Reuter  -  263 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      151 5 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? Hr m llW£»^^^^BFW THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo just complexes, Thai Cargo has all the facilities to safely handled and all documents in
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Regulator suggests revamp of Paris bourse
        104 6 PARIS The French stock market regulator, the Conseil des Bourses de Valeurs (CBV), has recommended sweeping changes in the structure of exchange membership and supervision and the ending of the stock exchange turnover tax. Endorsing a report published on Tuesday, the CBV said it
        104 words
      • Article
        Banks told to lend to non-banks
        106 6 TOKYO Japan's Ministry of International Trade and Industry (MITI) is asking the Ministry of Finance (MOF) to persuade banks to resume sound lending to non-bank financial institutions, a MITI official said on Tuesday. Banks are reluctant to lend to non-banks owing to the MOF
        106 words
      • Article
        Rafidain petition adjourned
        112 6 LONDON A petition to wind up Iraqi-owned Rafidain Bank was adjourned for a year by the High Court yesterday in the hope that creditors will get more money back once political relations with Iraq have settled down. "At the moment there is a limited prospect of getting
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      • Article
        Kuwait in interbank settlement
        93 6 MANAMA, Bahrain Kuwait said it had started dinar interbank settlement of money market transactions. A central bank statement said on Tuesday that movement of funds for settlement purposes were excluded from restrictions on withdrawals and transfers imposed shortly after US-led forces drove Iraq out of the
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      • Article
        Takeover talks off: Dutch bank
        96 6 AMSTERDAM Dutch bank ABN Amro Holding NV confirmed on Tuesday that its LaSalle National Corp subsidiary in the US held negotiations about the possible acquisition of Chicago-based Talman Home Federal Savings and Loan Association but said talks had been abandoned. ABN AMRO had previously refused
        96 words
    • Article, Illustration
      OCBC, Wearnes and Walden Pacific in venture capital tie-up
      423 6  -  By Kooi Cho Tang OCBC BANK, Wearne Brothers and venture capitalist Walden Pacific yesterday joined forces to introduce two parallel venture capital funds worth some SSI4O million. The two funds comprised a Singapore fund denominated in Singapore dollars and an international
      423 words
    • Article
      Lock icon Britain and US assess the damage
      651 6 The BCCI crisis NYT NEW YORK Banking regulators in Britain and the US are trying to assess the wreckage left behind by the collapse of Bank of Credit and Commerce International. In the US, senior banking regulators are considering whether to oust Clark M
      NYT  -  651 words
    • Article
      Lock icon Japanese firms put off Euro warrant bond issues
      294 6 Reuter TOKYO Japan's brokerage scandals and a tumbling Tokyo stock market have forced some Japanese companies to suspend the issue of Euro warrant bonds or to delay domestic sales of warrants, company spokesmen said. Tokimec Inc, a leading maker of airborne and
      Reuter  -  294 words
    • Article
      DBS Bank joins syndicate in loan to Sino Land
      273 6  -  From Catherine Ong in HONGKONG HONGKONG DBS Bank has joined a syndicate of banks in Hongkong in a HKSSOO million (S$ 114 million) loan to the Sino Land group, marking the Singapore government-owned bank's first major deal here. Robert Ng, Sino
      273 words
    • Article
      Lock icon London Stock Exchange reforms governing body
      388 6 Reuter LONDON Members of the London Stock Exchange have voted to replace its stillclubby governing body with a board more representative of its users, ditching a tradition which has lasted nearly two centuries. The membership agreed that a memorandum and articles of association would
      Reuter  -  388 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      170 6 Mi (18 and 30 months) 111 1 We are afraid if we climb any higher/ you may get vertigo. j/| 6.125% rf"~ ~ii r 5.875% jj (9 months) j 7 At 6.375%, our at least 555,000 and interest rates are a are subject to change o/ 0 !Zl little hard
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      Page 6 Advertisements Column 2
      174 6 CHARLES STURT UNIVERSITY RIVERIN A, AUSTRALIA sth Intake Commencing July, 1991 Charles Sturt University Riverina, one of the leading institutions of higher learning funded by the government in Australia, specialises in distance education. The degrees are fully accredited and recognised internationally. IBBWmWWWWWBIHWM The B. Bus (Admin) programme is specially designed
      174 words
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  • THE REGION
    • Article
      JB likely to set export quotas on some food items
      341 7  -  Move to curb price rises will hit S'poreans shopping there From Salil Tripathi in JOHOR BARU JOHOR BARU is likely to impose export quotas on fish and vegetable produce to curb price increases there. And Singaporean customers who buy their
      341 words
    • Article, Illustration
      Lock icon Ex-Aquino aide warns of political crisis
      346 7 Reuter MANILA Philippine President Corazon Aquino's former chief of staff, whose resignation exposed rifts in the Cabinet, has warned of a political crisis arising from a faltering economy and the people's loss of faith in government. "The fact is the future looks grim. Most
      Reuter  -  346 words
    • Article
      Lock icon US team in Vietnam to implement US$1m aid plan
      211 7 AFP HANOI US officials are in Vietnam to implement a US$l million (551.76 million) American aid plan, the first of its kind since the end of the Vietnam war in 1975, the official Nhan Dan newspaper said yesterday. The group arrived
      AFP  -  211 words
    • Article
      Pinatubo fallout may hurt entire S-E Asia: report
      341 7 SINGAPORE The fallout from the eruption of Mount Pinatubo could have unsettling implications for the entire Asian region, particularly South-east Asia, says Political Economic Risk Consultancy (Perc) of Hongkong. Japan, for one, stands to be hurt, says Perc in the latest edition
      341 words
    • Article
      Lock icon Thai military junta rules out early polls
      176 7 AFP BANGKOK Thailand's military junta yesterday firmly ruled out any chance of holding early general elections in the country. Army chief General Suchinda Kraprayoon said the National Peace-keeping Council, the junta's official name, would retain power until a new Constitution was drafted. General
      AFP  -  176 words
    • NOTE BOOK
      • Article
        Bangkok cuts import duty on computers
        147 7 BANGKOK Thailand's government has reduced import duties on computers and computer parts with an aim to encourage the use of more computers and to improve business competitiveness. Duties for computers will be cut from 9 to 5 per cent, from 40 to 5 per
        147 words
      • Article
        Thai CPI rises 0.16pc to 125.7
        94 7 BANGKOK Thailand's consumer price index, base 1986, rose 0.16 per cent to 125.7 in June after a 0.72 per cent rise in May, the Business Economics Department said yesterday. It said the CPI year-on-year increase was 6.17 per cent in June against 6.27 per
        94 words
      • Article
        Indonesia's inflation rate lower
        72 7 JAKARTA Indonesia's inflation slowed to 3.6 per cent in the first six months of this year from 4.8 per cent in the same period of 1990, but officials warned the government would continue to fight to bring the figure lower. "We still need to continue to
        72 words
      • Article
        Canberra won't lift sanctions yet
        69 7 CANBERRA Australia is unlikely to lift trade sanctions against South Africa before the end of the year, despite expectations that the United States will ease restrictions soon. "For all the progress that has been made the constitutional structure of apartheid very much remains and we
        69 words
      • Article
        M'sia to hold tourism forum
        73 7 KUALA LUMPUR The Asean Tourism Forum (ATF)in Langkawi and Penang in January is expected to be the biggest ever staged by the ATF. The week-long ATF 1992, to be hosted by Malaysia beginning on Jan 16, is a major event in the Tourist Development Corporation
        73 words
      • Article
        No diamonds from Pinatubo
        61 7 MANILA Rumours that Mount Pinatubo is spewing out diamonds in its eruptions have set local people frantically sifting through the fallen ash from the volcano. But government geologist Ronaldo Arboleda said yesterday the tiny diamond-like stones reportedly scooped up by villagers in nearby Bataan province were
        61 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      232 7 riTY^IIiTRANS Mapping New Directions in Urban Transport and Planning 16-17, September. WTC Conference Hail The premier transport and urban planning show in the Asia Pacific region, CITY TRANS ASIA '91 features the latest innovations and advances in transport technology and urban planning. Make your impact at this regional conference! CITY
      232 words
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      Page 7 Advertisements Column 2
      271 7 Splendour. Fresh from Nature. ySGood health comes naturally to you with Splendour stored in the hive as honey food for the bees. These Royal Jelly, Bee Pollen and Raw Honey harvested and now readily made available to you pure, natural foods. Without preservatives, Splendour. With all the essential nutrients intact.
      271 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Gorbachev to seek investment at summit
        148 8 MOSCOW Soviet President Mikhail Gorbachev has said he will be seeking Western investments in the Soviet economy rather than outright financial aid in his lobbying for help next week at the summit meeting of the G-7 industrial countries. He would also be offering a
        148 words
      • Article
        EC gives assurance on cars
        74 8 BRUSSELS The European Commission will continue to encourage investment from non-EC car makers in the Community. European Commission Vice-President Martin Bangemann pledged on Tuesday that the Commission would oppose discrimination against EC-made cars by foreign companies, or transplants. According to a spokesman, he reassured visiting
        74 words
      • Article
        Tokyo to push for more imports
        107 8 TOKYO The Japanese Ministry of International Trade and Industry, worried by signs that Japan's trade surplus is widening, will continue to urge large Japanese companies to boost imports in the fiscal year ending March 31, 1993, a ministry official disclosed yesterday. Japan's customs-cleared trade
        107 words
      • Article
        India to open up broadcasting
        86 8 NEW DELHI The Indian government is to allow private television companies to compete with the state-run network in the first step to loosen its stranglehold on the airwaves. "The time has now come to open up. If we do not open up we will become
        86 words
      • Article
        Industries near recording pact
        100 8 NEW YORK The recording and consumer electronics industries in the US are near an agreement on home digital recording that will broaden the use of advanced technology in the music business, The New York Times said yesterday. Under the agreement, the electronics industry would pay royalties
        100 words
      • Article
        Mexican prices up 1pc in June
        65 8 MEXICO CITY Prices in Mexico increased by one per cent last month for the third consecutive month, the Mexican central bank said on Tuesday, bringing the inflation rate for the first six months of the year to 9.1 per cent. Banco de Mexico said
        65 words
    • Article
      Lock icon Bush's M-E arms plan gets UN backing
      452 8 Reuter PARIS US President George Bush has won the backing of the world's leading arms exporters the five permanent members of the United Nations Security Council for his plan to limit arms arsenals in the Middle East. At what American diplomats hailed as
      Reuter  -  452 words
    • Article, Illustration
      Lock icon New proposal to cut EC farm support schemes
      458 8 Move could revive stalled world trade talks AP STRASBOURG The European Commission has proposed a sweeping reform of EC agriculture support programmes in a bid to cut vast over-production and control spending on subsidies. The plan, approved by the 17-member executive body,
      AP  -  458 words
    • Article
      Lock icon Row looms over EC bid for tighter grip on state firms
      222 8 Reuter BRUSSELS The European Commission risks a major rbw with national governments over plans that will allow it a greater say on the profitability of state-owned firms in the European Community, say EC sources. New rules which Competition Commissioner
      Reuter  -  222 words
    • Article
      Lock icon Major urges US to restore China's trading status
      193 8 Reuter LONDON British Prime Minister John Major urged the US on Tuesday to restore preferred trading rights to China to benefit Hongkong, which reverts to Chinese control in 1997. "Renewal by the United States of the most favoured nation status for China
      Reuter  -  193 words
    • Article, Illustration
      Lock icon Bush, Mulroney play down Soviet aid talk
      338 8 Reuter TORONTO US President George Bush and Canadian Prime Minister Brian Mulroney have sought to discourage the idea that a dramatic Soviet aid package may emerge from the G-7 economic summit in London. They also hinted on Tuesday, however, that Soviet President Mikhail
      Reuter  -  338 words
    • Article
      Lock icon Rise in output adds to China's stockpile woes
      412 8 Reuter BEIJING China's industrial production rose 13.4 per cent in the first half of this year, but much of the added output is simply going into warehouses already crammed with shoddy surplus goods. The State Statistical Bureau, quoted in the official press
      Reuter  -  412 words
    • Article
      Lock icon Seoul plans $100b revamp of agro-fishery industry
      269 8 AP SEOUL South Korea, in an effort to make its agrofishery industry more competitive, has adopted a 10year restructuring plan requiring 42 trillion won (SS 100.8 billion). Agriculture, Forestry, and Fisheries Minister Cho Kyung-shik announced on Wednesday that the 1992-2001 plan was designed
      AP  -  269 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      155 8 For once, copiers that give you l£T I "~JLL copies and a facsimile. Mita copiers A revolution in the fast-paced business world of today Making copying so versatile So easy. With its highly acclaimed GOLD MEDAL for the highest possible satisfaction rating The Hanson's Decree of Excellence'for DC 5585. Mita
      155 words
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      Page 8 Advertisements Column 2
      63 8 KEPPEL FINANCE LIMITED (IncoporaM kt tm ftepuMc el Singapore ANNOUNCEMENT Pursuant to Art tele 23(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at 30 June 1991.0.72% of the issued share capital of the Company is beneficially owned
      63 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      161 9 Below: How you feel in most modern buildings. T". I jB, p;:; «H Above: How you'll feel in The Concourse. The need to constrict people, to make them feel trapped in an environment, is, oddly enough, not a function of economics. i a function of imagination, or rather, lack of
      161 words
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  • Article
    Hu gets the credit
    502 10 EDITORIAL Singaporeans have developed a huge and some say an unhealthy appetite for credit cards. Finance Minister Dr Richard Hu recently stated in Parliament that his ministry would examine whether new curbs need to be placed on this booming business. The concern expressed by the minister
    502 words
  • WHAT THE OTHERS SAY
    • Article
      A trim and civil service
      339 10 FINANCE MINISTER Richard Hu announced last week that only 6.1 per cent of the national workforce is employed in the public sector, against 8.9 per cent four years ago. One important consideration in assessing these results is to ask how genuinely efficient, in qualitative terms,
      339 words
    • Article
      Be the best you can be
      90 10 WHEN Prime Minister Goh Chok Tong was asked about his views on the problems associated with the need to be Number One in the world, he gave a sensible reply be the best you can be. Investing in people is the avenue to developing
      90 words
    • Article
      No dual citizenship
      98 10 MOST SINGAPOREANS who have planted their roots here do not even understand why the issue of dual citizenship is raised in the first place. Singapore is an open society, and the government does not forbid people from working abroad. At the same time, foreigners who can contribute
      98 words
  • REGIONAL VIEWPOINTS
    • Article
      You can't wish it away
      177 10 AT LONG LAST, the government has come to the realisation that it cannot continue to turn a blind eye to prostitution, not when Thailand is threatened by an epidemic of Aids. PM's Office Minister Saisuree Chutikul is correct when she says society should treat prostitution
      177 words
    • Article
      A question of credibility
      184 10 HONGKONG'S new Banking Commissioner, Mr David Carse, seems to have been either brave or uncautious, when he said on Friday night: "There is no evidence here for the suspected fraud which has led to the difficulties in the rest of the BCC (the Bank of Credit
      184 words
    • Article
      Help the small firms
      151 10 THE PLIGHT of small enterprises, like that of the low income group of people, has become more glaring amid the very rapid growth of big business groups, owing to the better investment climate brought about by the deregulation policy. The absence of legislation on antitrust and
      151 words
  • Article, Illustration
    Lock icon Germans: becoming good Europeans
    885 10  -  Joseph Fitchett asks Vernon Walters, outgoing United States Ambassador in Bonn, about the role of the new Germany Joseph Fitchett IHT Did Bush Administration I 1 support for unification solidify the American role in Germany's future? A: I'm confident it has. Germans know in their hearts
    IHT  -  885 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      455 10 A SINGAPORE BUSINESS LUNCHEON TALK EMPOWERED WORKTEAMS The Management Tool of the '90s Date 22 July, 1991 Time 12 noon 3 p.m. Venue Crystal Ballroom, Hyatt Regency Hotel Fee $55 Closing Date 12 July 1991 Self-directed workteams are the buzzword in RICHARDS WELLINS today's volatile business environment. SSKSSST— ■P* I
      455 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      38 10 POONESBURV BY GARRY TRUDEAU XXW JUSTA BSSW NANCY, I TH&S'S Z7Z ■pfw* murn, inbw tm6oin6Tobb muse nosbcurb WW* JOHN. I'M THeBATH- IN A UtTBFORMY THtUPS' L PHONBf PurnN6 m»! NQU! MtNUW, UMTS HOUS& OATHROOM, NOW. OUT sTfiffM£eV Jo
      38 words
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  • BT TOP 100
    • Article
      TOP 50 SINGAPORE COMPANIES
      632 11 Rank Company Rank Year Group Gross Group Paid-up N* Cumnt Return last ended Share- Assets Net Capital Tangible Earnings on vear holders less Profits as at Asset Per s^ are Funds Contra ($mil) Jun 28 Per Share holders ($mil) Accounts 1991 Stare (cents) Fund j990 ($mil)
      632 words
    • Article
      TOP 50 MALAYSIAN COMPANIES ON CLOB INTERNATIONAL
      691 11 Rank Company Rank Year Group Gross Group Paid-up Net Current Return last ended Share- Assets Net Capital Tangible Earnings on year holders less Profits as at Asset Per Shareis at Funds Contra (M$mil) Jun 28 Per Share hoMjers Jun 30 (M$mil) Accounts l9
      691 words
    • Article
      NOTES
      227 11  -  Compiled by JULIANA TAY L: Loss MB: All banks' consolidated assets exclude customers' liabilities. Capital reserves exclude goodwill but may or may not include surplus arising from revaluation of land and buildings. Revenue reserves are retention of distributable profits. AA: Not ranked in June 1990. (F): First year of
      227 words
    • Article, Illustration
      Top companies see rise in shareholders' funds
      845 11  -  Quak Hiang Whai reports on the rankings of the top companies, in terms of shareholders' funds, whose shares are traded on the SES Ouak Hiang Whai SHAREHOLDERS' funds of the top 50 Singapore-listed companies rose to $39.49 billion by the end of June,
      845 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      66 11 The White Choice Paper white edge-lit display 640 KB RAM memory expandable to 1.6 MB with a 1 MB EMS 4.0 memory card. Quick CPU and Expandable Memory/ Storage. SHARP SHARP CORPORATION JAPAN Dr«lm: Microllou.se Sharp Laptop C entre Tel: 336 6840/334 2671 C fc G SvMrms Tel: 319 3380/336
      66 words
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  • FOCUS
    • Article, Illustration
      Lock icon Main thrust to promote new sources of growth
      495 12 Sixth Malaysia Plan INDUSTRY Bernama The thrust of industrial development under the Sixth Malaysia Plan will be to promote new sources of growth to strengthen and diversify the country's industrial base, apart from maintaining the traditional sources of growth electronics, textiles and
      Bernama  -  495 words
    • Article, Illustration
      Lock icon Private sector to play key role in development
      328 12 AGRICULTURE Bernama THE government is letting the private sector assume a key role in the country's agricultural development under the Sixth Malaysia Plan in a policy shift aimed at revitalising the sector. The plan calls for enhanced private sector participation, especially by
      Bernama  -  328 words
    • Article, Illustration
      Lock icon Government sets aside M$115m
      512 12 VENTURE CAPITAL FUND Bernama THE government, which has allocated a total of M 5660.9 million for the development of the finance, banking and finance sector under the Sixth Malaysia Plan, will gear up its efforts to promote and de 1 velop venture capital financing over the
      Bernama  -  512 words
    • Article
      Highlights of the Sixth Malaysia Plan, 1991-1995
      232 12 •The economy to grow at an average annual rate of 7.5 per cent. •Gross National Product to be about Ms2os billion by 1995, almost double the current level, while per capita income is expected to reach about M 510,200. Incidence of poverty to
      232 words
    • Article, Illustration
      Lock icon Bigger promotion budget and new agency planned
      280 12 TRADE Bernama THE government, which has greatly increased its allocation for export promotion under the Sixth Malaysia Plan, will set up a new trade promotion organisation to replace agencies currently involved in such activities. In order to be businesslike in orientation and mar-ket-driven
      Bernama  -  280 words
    • Article
      Also in the plan...
      354 12 A TOTAL of Ms 3 billion (SSI.9 billion) will be made available through various institutions to help bumiputras play a role in the modern commercial and industrial sectors of the economy. The amount is allocated under programmes for the restructuring of society to support the development
      354 words
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  • CORPORATE FOCUS
    • Article
      Idris keeps the market guessing
      551 13  -  William Chia wonders what kind of game Idris Hydraulic is playing in the IGB-MUI proxy fight, while Magdalene Ng profiles Tan Sri Basir Ismail and his move from public service to corporate deal-making William Chia Magdalene Ng INVESTMENT holding company Idris Hydraulic is once again
      551 words
    • Article, Illustration
      The man who puts things right
      780 13 TAN SRI Basir Ismail cuts an enigmatic figure. The head of Malaysia's Capital Issues Committee, which approves all share issues, he is also a fast rising bumiputra entrepreneur. The former Bank Bumi chairman has been featured quite extensively in the press on both sides
      780 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      72 13 A W wimmmm. A m J mm <**% WE HAVE AGAIN CUTTHE COST OF CALLING BATAM VIA 011 TO AS LOW AS 80c PER MINUTE. s That's right The Standard Rate to Batam via 011 is now reduced to 90c per minute* and the Economy/Weekend Rate to only 80C per
      72 words
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  • ADVERTISING AND MARKETING
    • Article, Illustration
      Ikea's on to something good
      137 14 IKEA has struck gold for a bus-back ad deemed controversial by the Singapore Bus Service (SBS). The ad, which reads "Bed hop without obligation" came out tops at the International Advertising Festival. In fact, the series of Ikea ads which came out of Dentsu, Young
      137 words
    • Article, Illustration
      High stakes in this card game
      849 14  -  A fierce battle is on among discount card issuers for the shopper's dollar. Dawn Tan strips away the rhetoric from the innovative campaigns and reports on this fast-growing trend Dawn Tan THE battle for the shopper's dollar continues unabated as more players enter the
      849 words
    • Article
      DNC clinches two national accounts
      253 14 LOCAL ad agency DNC Advertising Pte Ltd has won two government accounts the "My Singapore" campaign from the Ministry of Defence (Mindef) and the courtesy campaign from the Ministry of Information and the Arts (Mita). Dr Donald Ee, managing director of DNC Advertising, said strategic
      253 words
    • Article
      Awards for PR projects with community spirit
      211 14  -  Sylvia Wong reports on the PRISM awards Sylvia Wong THE Institute of Public Relations of Singapore (IPRS) has launched its third PRISM awards for community-based public relations projects. The PRISM (Public Relations in the Service of Mankind) awards recognise organisations which have contributed
      211 words
    • Article
      COPY LINES
      149 14 OGILVY and Mather Public Relations has won three new clients in the high-tech field this month. They are telecommunications giant AT&T; hi-tech property developer Technology Parks; and mainframe software leader Systems, Applications and Products in Data Processing (SAP), Asia. "Needless to say we're extremely pleased to be working
      149 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      54 14 An Italian State-Of-The-Art BHMHB BB OcMgner Pasqualc Nalu^i Whichever W3y \ou See It THE INTERHOME COLLECTION Forever Exclusive Forever Luxurious interhome HOVE Of INTERNATIONAL Of SIGNER 5 FURNITURE 6 Rafiles Boulevard #03-100 Marina Square Singapore 0103. Tel: 336 2322. Fax: 336 8820 Packing. Handling of documents 61 Shipnuni tor overseas
      54 words
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      Page 14 Advertisements Column 2
      39 14 3 DAYS DUBAI FR$l6lO 4 DAYS DUBAI FR$l69O 3 DAYS COLOMBO FR$BlB 5 DAYS COLOMBO FR$BBB PACKAGE PRICES INCLUDE: ACCOMMODATION IN 5 STAR HOTELHILTON, HYATT, LANKA OBEROI, TAJ, RAMADA RENAISSANCE. DAILY AMERICAN BREAKFAST TRANSFER AIRPORT-HOTEL- AIRPORT ARRANGEMENT OF VISA.
      39 words
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  • SPORTS
    • Article, Illustration
      Lock icon A rags-to-racers story?
      603 15 Tour de France AP SAN FRANCISCO Most people watching the Tour de France see the blur of bikers whirling across the European countryside. Craig Malfee and Steve Levin see their bike, a midnight blue number carrying three-time champion Greg LeMond. The ex-daredevil bike messenger and his MlTtrained
      AP  -  603 words
    • Article
      Lock icon When the joker turns out to be the trump card
      534 15 AP NEW YORK At first George Foreman appeared to be a pawn in the machinations surrounding an Evander Holyfield-Mike Tyson fight, a rtiatch many people want to see. The thinking went that each side was using a threatened fight against
      AP  -  534 words
    • Article
      Lock icon US team counting on clay to stop Germans
      302 15 AP KANSAS CITY Andre Agassi and Jim Courier are counting on red clay to slow down their hard-serving German rivals in the Davis Cup semi-finals. US team captain Tom Gorman said on Tuesday: "The rule in the Davis Cup is that (the
      AP  -  302 words
    • SIDE LINES
      • Article
        Australian to attempt Channel record
        90 15 BRISBANE Australian marathon swimmer David O'Brien will later this year attempt to break the record for crossing the English Channel, his coach announced yesterday. Dick Caine said O'Brien would mount an assault on the 13-year-old record of 7 hours 40 minutes set by American Penny
        90 words
      • Article
        Lundgren beats Brown
        72 15 NEWPORT, Rhodes Island Top-seeded Peter Lundgren of Monte Carlo had 14 aces on the way to a 6-2, 6-0 victory over Jimmy Brown in the first round of the Hall of Fame Tennis Championships on Tuesday. Lundgren, ranked 60th in the world, hit 57 per cent of
        72 words
      • Article
        Wheaton struggles through
        79 15 GSTAAD, Switzerland David Wheaton struggled to a 4-6, 7-6 (8-6), 6-2 first round victory over Switzerland's Marc Rosset on Tuesday in the U*****,000 Swiss Open men's tennis tournament. The 22-year-old American Wimbledon semi-finalist, who joined the tournament on a wild card, had a slow start against the
        79 words
      • Article
        Opening the flood gates
        70 15 JOHANNESBURG South Africa's return to the Olympic fold after 31 years out in the cold is almost certain to thaw its sporting isolation across the board, elated sports officials here believe. Cricket was the first to try for re-entry yesterday, the day after the International Olympic
        70 words
      • Article
        S African boxers for Australia?
        78 15 SYDNEY Amateur boxers could be the first official postapartheid South African sporting team to visit Australia following a decision here to try to send a late invitation to the world championships in November. The Amateur Boxing Union of Australia (ABUA) said yesterday that it planned
        78 words
      • Article
        Foster sets season's best
        88 15 LAPPEENRANTA, Finland American Greg Foster, the world 110 metres hurdles champion, set the season's best for the second time in five days on Tuesday. Foster, preparing to defend his title at the world championships in Tokyo next month, easily won the event at the Karelia Games
        88 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      157 15 i $20,000 in our BT Investment Race coupons daily-from July 8 to 12,1991 for a total value of $100,000. In the July 13,1991 issue of Business Times, you will find a Contest Entry Form. On the Contest Entry Form, you will be required to play the market using I the
      157 words
    • Advertisement
      Page 15 Advertisements Column 2
      413 15 We know it's a risk. You can always run through lists of movers and, hopefully, pick one which is both professional and reliable. But we'd rather you to sit back and snigger at the disastrous results others encountered below. (In each case, we also present a short literature r of
      413 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      207 16 wiEPg Tfl MIIIE. DIME «HD ENTERTAIN WHERE TO WINE. DIME AND ENTERTAIN WHEBE TO WINE. DIHI -1 JQfiisaQCH GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES.
      207 words
    • Advertisement
      Page 16 Advertisements Column 2
      271 16 asmrkling APPEARS TONIGHT ABOVT scamßou) CANC With lis spectacular glass frontage, the .mop> Bai 'is the ideal place to see the stars It's also\Singapore's newest and most exclusive rendezvous The ("aruipy Bar. upstairs at the Hyatt I COFFEE HOUSE Where you can dine in cosy comfort. With tantalising local favourites,
      271 words
    • Advertisement
      Page 16 Advertisements Column 3
      283 16 DOUBLE CELEBRATION (3-31 JULY) At our International Buffet, you can treat your palate to I superb fare from exotic regions all over the world in the I spaciousness of our fully-renovated Cafe Plaza. I Double Celebration Giveaways: I *A$ 10 Metro Plaza shopping voucher for every $50 spent I at
      283 words
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      Page 16 Advertisements Column 4
      320 16 k Mywi^W That's our prediction for you when you step into the Kasbah a* wto l live bands take you down memory lane with golden Kiti and evergreens. Eveiy night is nostalgia night. You'll be mesmerized. WmkJmjf*. 9pm 2*m Sf~~i R*m< S*~ H+y. mJmytt JJT fcwA SmmJmp f nartdmp fam
      320 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      728 16 TELEVISION AND RADIO innn -f— *»■«>•««¥ i -ttwww|f(wrwww p wwiw 1 "sicii 1M %?«£t n h BUSINESS ON RADIO C horal extravaganza ,m# VHWI til VAU I* T s.OO Close. See Our Choice). muan 7.10 am, 9.25 am, 1.30pm, f w ■xounwuwM. 7.00 PN CNN International (L). 12.25 AN Close.
      728 words
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  • LIFESTYLE
    • Article, Illustration
      Recession dictates men's fashion
      710 17  -  Even fashion designers must learn how to alter their styles to suit current economic realities. Marie-Dominique Follain has seen how some of the world's top couturiers have cut their coat according to the cloth Marie-Dominique Follain The fashion designers and couturiers, who have been showing their
      710 words
    • Article
      Lock icon Fancy often means rich and sweet at food show
      492 17  -  Pundits say people care about whether or not their food is good for them. Mary MacVean proves the pundits wrong Mary MacVean AP. EAT DESSERT first; life is uncertain, says one slogan. One bite and you're hooked, says another. "Outrageous" brownies.
      AP.  -  492 words
    • Article, Illustration
      Cresson's conciliatory note on English women
      443 17 CHATTERBOX FRANCE'S Prime Minister Edith Cresson, who recently caused a stir by suggesting that English men do not appreciate women because one in four of them is homosexual, has struck a more conciliatory note, conceding that women in England enjoy more freedom than those
      443 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      205 17 AND ENTERTAIN There's No Beefing About It. From 1 July to 31 July 1991 Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad. A prime
      205 words
    • Advertisement
      Page 17 Advertisements Column 2
      113 17 NISHIKI PRESENTS A "Live" Lobsters Promotion $10.00+ per 100 gms Have it done in any two ways you like Sashimi (Raw) Nimono (Braised) Yakimono (Grilled) Agemono (Deep fried) You Jon 'l have to be a member lo enjoy fine dining. m. NISHIKI RESTAURANT jj@: MARINA BAY GOLF AND COUNTRY CLUB
      113 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market continues to rise in technical rally
      3924 18  -  By Diana Oon THE LOCAL market continued to follow Tokyo's lead yesterday, rising for the second day in a row. In what brokers described as a continuation of Tuesday's technical rally, the Straits times Industrials Index climbed steadily from its opening in the
      3,924 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3942 19 Main Board S1A Foreign 1900 +40 +2.2% OUE 650 30 4.8% SPH Foreign 1230 20 +-1.7% OCBC Foreign 1060 +-20 +1.9% FAN 815 +-20 +2.5% Semb Shipyard 655 +20 +3.1% Keppei Cotpn 755 +15 +2.0% Ssangyong 50* 269 -+14 +5.5% Kings 219 +-14 +6.8% BAT
    3,942 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      376 20 Cifwy Date Y Mr Craa# Met wetegs tiws mr to (L) J»«m< ('•00) (Mrt«) MC HMgs Jul 8 Mar 91 HK$197,832($378,947) 56.0(113.0) 40(40 Amcol Jun 25 Dec 90 $36,143(19.185) 18 2(4.6) 10(10) Metros Jun 25 Jan 91 M$15.628($5.450) 2.6(19a) 6(4.fc) SIA Jun 25 Mar 91 $912.800($1,200,600) 143.2(188 4
      376 words
    • Article
      PRELIMINARY RESULTS
      250 20 Campaay Data Yaar Graap pretax Nrt aaratop Craw M a to pro«t/los» (L) par shara divMaad (•000) (c*«ts) Choc Products Jul 1 Mar 91 M$5.272($2.105s) 5.0(0.9) Faber Group Jul 1 Jan 91 M$33.426($15,558l) 8.1(—) MCB Wdg s Jut 1 Mar 91 M$2,411 ($1,7661) 2.9(—) lflfA(2.5) Alex HMgs Jun
      250 words
    • Article
      INTERIM RESULTS
      84 20 Fibres m brackets are tor the previous corresponding period, (a): Adjusted for bmws.Jtl ?jnilwto 3* «e2i *v (n)- Period of 9 mths 4 EPS annual.sed. Includes 5* bonus <* incudes 3* bonus d,, (r): InCudes 2* bonus Period of 15 mths EPS annualtsed. Cmw Date HaM-yw 6n»p pretax
      84 words
    • Article
      DIVIDENDS ANNOUNCED
      784 20 Carrot Ex lulu Date Tatal f«r TiW hr payment date d>M payahk tetyMr last yaar Amcd 25c 10% Jul 5 Jul 17 Jul 31 10% 10% MfF NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8C Mn IMp 50c 6% (b) Sep 4 Sep 16 Sep 30
      784 words
    • Article
      APPROVED ISSUES
      461 20 Company Rights Issue Mean One-tor two fe> MSI 00 per share. Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MS0.10 each at MSI per share with 10m detachable TSR on the bass of 1 CRPS with 1 TSR for every 4 CRPS Ei-date: Jun 7 Books dose:
      461 words
    • Article
      BONDS, LOANS & WARRANTS
      728 20 BONDS, LOANS WARRANTS Cm*mt Camnta I— tar mm iifciry M m Before 30/6/94 1 warrant phc HU100 cart CiC Nt Before 26/4/53 1 warrant plus *3.09 cart C L—I Caweway fft 2/10/89 to 20/10/94 1 warrant plus $0.77 cash or 1 wan** pte 10.77 nominal amount of loan stock. Qua
      728 words
    • Article
      CORPORATE DEVELOPMENTS
      500 20 British-American Tobacco Co (S) Ltd plans to set up a joint-venture with Vietnam's Jknh Bank (AMMB) has made its first overseas acquisition through the purchase of a 49% stake in Singapore brokerage firm Fraser R oach for Jl3m. I^i«.» Staoint Corporation together with Kuok Brothers and IMC Enterprises
      500 words
    • Article
      RESULTS DUE
      584 20 Main Board La* Fu YMr Company Period Date Year Net EPS Grow Net amouicod <n*« (cents) dhr pro* last year (fOOO) Cental Interim Apr 27 Jul 91 12.6 20.0TE(a) 38.911 Span Land Interim May 4 Dec 91 12.6 10.0 44,641 (j) SIT Interim Jul 26 Dec 91 13.2
      584 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      688 20 Prices as it 10.07.91 Conversion turn Prwri-i/ E fy (dUc»nt) IM 0***" Company Wrto Star* Loan Con* Lwtk I Cask Cart, Uh Coring Date Mtks units) stock rati* prko noin 1 Stk, La« value Burwill 115 2 0.250 0 840 1 00 1 00 49 3
      688 words
    • Article
      PROPOSED ISSUES
      413 20 Company Rights Issue H Lc« M Two-for-five MJ3 35 per share Issue of S2&07m 5% Redeemable Unsecured Loan Notes on the basis of SI nominal amount of Loan Notes for every 5 shares held Every $1 nominal amount of Loan Notes wi be issued with one TSR Hem
      413 words
    • Article
      COMPANY MEETINGS
      178 20 kbis Hyfraufic (M) Bhd: EGM at the Multi-Purpose Hall, Ist Fkxx, Tabung Haji Head Office Building Jalan Tun Razak, ***** Kuala Lumpur on Thursday, July 11, at Ham Metroptei Bhd: 28th AGM at the Sabah Room, Level 3, Putra World Trade Centre, ialan Tun Ismail, ***** Kuala Lumpur
      178 words
    • Article
      RECORD HIGHS & LOWS
      186 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 t* 1333 08 (3/6/91) 1991 I* 1565 58 3W}}> 1991 far *****2 (16/1/91) 1991 tor 1149.08 06/1/91) ISJSl 1435 43 (16/7/90) 1990 1* 1607.12 (27/3/90) 1990 tor. 981.07 (09/11/90) 1990 tor 1079 50 (11/10/90) ****** 1322.00 28/12/89) 1919 1* 1487
      186 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes higher on sharp rebound in Tokyo
      4118 21 Bernama SHARE PRICES finished yesterday higher on renewed interest and bargain-hunting with players encouraged by the sharp rebound on the Tokyo market. Buying support for indexlinked stocks helped the KLSE Composite Index to add 4.89 points to 608.11 while the Industrial Index
      Bernama  -  4,118 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      107 21 B BUSINESS KtVlfcW |-^r| "-T Govt invests Business optimism picks up Right Opportunity MHH Location Right WESTPAC TOWER 21 levels of secure cashflow in the I downtown I New I Expressions interest I are requested by mm jftfEEnl I 15 August, 1991. I Please contact the I agents I IHm
      107 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei past 23,000 for first time since last Thursday
      2205 22 Reuter TOKYO STOCKS closed sharply higher in thin trade yesterday on a technical rebound carried over from Tuesday. Small-lot buying by foreigners and institutional investors boosted prices, while individuals continued to stay out of the scandal-tainted market. "Generally, people are bargain-hunting
      Reuter  -  2,205 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish softer in day of cautious trading
      1938 22 Reuter HONGKONG STOCKS ended mildly lower yesterday in heavy turnover and flat sentiment. The blue-chip Hang Seng index slid some 37 points from an intra-day high of about 3,938 to end 2.96 points down on the day at 3,901.23. "Technically, we are
      Reuter  -  1,938 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Interest in Australia focuses on BHP
      • Article
        AUSTRALIA
        852 23 THE Australian share market closed slightly higher in dull trade, with attention focused 1 on a Asl4o million warrant issue by market leader BHP. The two-year issue, equivalent to 10 million ordinary shares at a strike price of Asl4 a unit, was placed by brokers Macquarie Equities. It helped
        852 words
      • Article
        BANGKOK
        757 23 BANK, FINANCE and property issues helped knock the Thai stock index down to its lowest level in five months. The SET index fell 14.08 points to 700.19, the lowest since the 701.75 on Feb 6. Yesterday's turnover was a moderate 2.77 Trillion baht. Bangkok Bank, which was still exrights
        757 words
      • Article
        MANILA
        540 23 SELLING PRESSURE from jittery investors drove Philippine share prices down further yesterday, breaching the 1,000 point mark at the Manila Stock Exchange. The composite index at the Manila bourse fell 10.77 points to close at 990.31, the lowest level since Feb 22 when the index hit 956.02. "The erosion
        540 words
      • Article
        TAIPEI
        490 23 TAIWAN share prices, buoyed by newspaper reports of possible rediscount rate cuts this week, closed sharply higher after some major players entered the market in late session, brokers said. The weighted index rose 152.92 points or 2.9 per cent to close at 5,456.80 compared with Tuesday's 5,303.88 finish. Turnover
        490 words
      • Article
        SEOUL
        765 23 BARGAIN-HUNTING for manufacturing shares offset downward pressure from rumours that a number of smaller companies were about to default on debt repayments and the Seoul stock market ended only a shade lower, brokers said yesterday. "Speculative buying centred on shares of big manufacturing companies and it sparked individual interest,'
        765 words
      • Article
        NEW ZEALAND
        180 23 A REBOUND by Fletcher Challenge and a falling NZ dollar took share prices higher at the close, but a lack of domestic buying is seen keeping prices reasonably flat for the rest of the week, brokers said. "It was very much a thin market that can be knocked
        180 words
      • Article
        Untitled
        1098 23 Close Previous 47Jul) 10 SYDNEY All Ordinaries Index 1.542.8 1.538_8 4 0 All Industnals Index 2 3 7 All Resources Index 917 913.4 +3.6 Turnover (million) 93.5 100.5 BANGKOK SET index 700-19 714L27 -14 08 Turnover (million baht) 2,770 3,950 -1.180 JAKARTA Composite Index unav 33 MANILA Composite lo<k« ««JI
        1,098 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Small issues post gains on Wall Street
      • Article, Illustration
        NEW YORK
        1305 24 US BLUE CHIPS on Tuesday failed to sustain Monday's advance but smallcapitalisation issues forged ahead with a 0.9 per cent rise. A soft bond market and apprehension about second-quarter results kept most buyers on the sidelines. The Dow Jones index of 30 leading industrials dropped 14.75 points (0.50
        1,305 words
      • Article, Illustration
        LONDON
        795 24 SHARE PRICES in London rallied on Tuesday, gaining ground as a fall in wholesale price inflation boosted hopes for an early cut in interest rates. By the close the FT-SE 100 Share index had gained 21.1 points to stand at 2,487.9. The FT-30 index advanced 14.1 points to finish
        795 words
      • Article
        AMSTERDAM
        263 24 SWEPT ALONG with other bourses, Dutch shares on Tuesday continued to gain until the close, but apart from a ripple of early buying there was little retail interest to buoy trading volume, dealers said. The CBS general tendency index added 1.2 points to close at 92.8, roughly in line
        263 words
      • Article
        PARIS
        120 24 THE French bourse held onto its midsession gains to close smartly higher on Tuesday as investors took advantage of recent price declines to move back into selected blue chips, dealers said. Volume was modest at about 1.6 billion francs. The CAC-40 index ended at 1,734.45, up 20.15 points or
        120 words
      • Article
        FRANKFURT
        218 24 FRANKFURT share prices rose 1.4 per cent on Tuesday, boosted by better performances in Tokyo and New York and an agreement by the German Government to sharply cut state subsidies to limit its deficit. The DAX index ended the day 22.59 points higher than Monday's close at 1,627.63 while
        218 words
      • Article
        ZURICH
        248 24 SWISS SHARES closed slightly higher on low volume on Tuesday. Dealers said activity slowed down after a firmer Wall Street-inspired opening session, and remained subdued until the end of trading. The all-share SPI index added 6.4 points to 1,100.4 while the SMI index of leading shares rose 11.3 to
        248 words
      • Article
        BRUSSELS
        153 24 BELGIAN SHARES closed mostly higher on Tuesday, but dealers said trading volume was very thin because investors were waiting to see if interest rates would rise. Many players were also absent because of the holiday period. The key Bel 20 index of leading shares added 4.64 points to 1,146.59.
        153 words
      • Article
        MILAN
        252 24 ITALIAN SHARES shed the bulk of their early gains in the second half of the session and closed off their peaks as enthusiasm evaporated. "There were some good intentions around today, but the basic volume needed to trigger things just wasn't there," one broker noted on Tuesday. Blue chips
        252 words
      • Article
        JOHANNESBURG
        429 24 LEADING Johannesburg industrials resumed their surge to new high ground on Tuesday, boosted by renewed optimism after recent political developments in South Africa, and growing prospects that further sanctions could be lifted soon, dealers said. The Washington Post reported earlier that US President Geoge Bush is expected to lift
        429 words
      • Article
        TORONTO
        244 24 TORONTO STOCKS tailed off late in the day but held firm as selective buying lifted blue-chip stocks, dealers said. Many market players slipped away from the market early before the traffic tie-ups when US President George Bush arrived in Toronto for baseball's All-Star game. The TSE-300 officially closed up
        244 words
      • Article
        Untitled
        122 24 July 9 Close Previous NEW YORK Dow Jones 2,947.23 2,961.99 -14.75 NYSE Financial 149.18 148.73 +0.45 SAP 500 376.11 377.94 -1.83 Turnover (million) 151.8 139.1 +12.7 LONDON Financial Times 30 1,905.4 1,891.3 +14.1 FTSE 100 2,487.9 2,466.8 +21.1 Turnover (million) 429.5 306.9 +122.6 AMSTERDAM CBS Tendency Index 92.8 91.6 +1.2
        122 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      58 24 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
      58 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar closes higher against mark in dull Tokyo trade
      1175 25 REPORTS Reuter ASIA Tokyo: The US dollar closed firmer against the mark on modest unwinding of long mark positions in an otherwise featureless session yesterday. It ended steady against the yen. The market was jittery over the Bundesbank's council meeting
      Reuter  -  1,175 words
    • Article
      INTERBANK FOREX RATES
      390 25 Cross rates J^y 10 US$ SS MS Dm Yen SFr AS NZS USS 1.7580 2.7870 1.8160 138.80 0.6161 1.5740 1.3055 1.7668 SS 0.5688 1 5853 1.0330 0.7895 0.3505 0.8953 0.7426 1.0050 MS 0.3588 63 08 0.6516 0.4980 0.2211 0.5648 0.4684 0.6339 Dm 0.5507 0.9681 1.5347 76.43 0.3393
      390 words
    • Article
      MONEY MARKET
      522 25 Interbank rates SS Bid Offer Overnight 4 4 1/4 1-month 5 3/4 5 7/8 2-month 5 13/16 5 15/16 3-month 5 7/8 6 Overnight mode: 4-1/2 USS 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
      522 words
    • Article
      Lock icon Japan emerges stronger from yen appreciation
      390 25 Reuter TOKYO Corporate Japan has made itself living proof that economic laws were made to be broken. Japanese companies are showing the first signs of overcoming a crippling 40 per cent appreciation of the yen in recent years, and are emerging leaner, meaner international
      Reuter  -  390 words
    • Article
      Lock icon Bond defaults in US down in second quarter
      238 25 Reuter NEW YORK The Bond Investors Association of the US said corporate bond defaults have eased considerably in the second quarter of 1991, compared with the first quarter and same period last year. In the second quarter, Bond Investors said 27 companies
      Reuter  -  238 words
    • Article
      FINANCIAL FUTURES
      1127 25 SIMEX EUtOPOLLAH CI Open High Low Sett Est Vol Op/lnt Vol SI Sep 91 93.60 93.60 93.57 93.59 3700 ***** 5267 Dec 91 92 99 92.99 92.97 92.98 3500 ***** 2754 Mar 92 92.88 92.88 92.86 92.87 1300 8797 841 Jun 92 92.45 92.46 92.44 92.45 500 1544
      1,127 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article, Illustration
      Lock icon Modest price rises expected for oil in next five years
      517 26  -  National Westminister Bank report By Shoeb Kagda WORLD oil prices will only rise modestly over the next five years but larger price increases are likely in the second half of the decade, according to a report by the National Westminister
      Source: National Westminster Bank  -  517 words
    • Article
      Late buying sends gold higher in Hongkong
      829 26 REPORTS GOLD closed firmer in Hongkony yesterday, just below its intra-day high of U*****.00/50 an ounce, but dealers said trading was generally quiet. Dealers said late European and local buying came in after some speculative overseas selling in the morning. Bullion climbed to
      829 words
  • Article
    PRICES
    1343 26 Rubber jm y iq MAS (*»> hi S cents/kg Noon Close Int I RSS Prompt 142.50/I43.50N I42.75/I43.75N Int I RSS Aug 91 143.50/144.00 143.75/144.25 Int 1 RSS Sep 145.00/145.50 145.2VI45.75 Int 2 RSS OP I42.(XVI44.00N 142.00/144.OON Int 3 RSS OP 140.50/142.50N 140.50/142.50N Int 4 RSS OP 135.50/137. SON 135.50/137.50N
    1,343 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      894 26 BUSINESS TIMES TELBPHONB: 730-5771/5772/5773 FAX: 734-4981 near PsnoerangFsny Point t Custom Check Point 40 min from I Changi Point by launch. Also proposed 200 room hotel/resort V*WiJflS9 and chalet Very doss to Desaru Mega Golf Reeort Land area around 230 acres. Asking M 560,000 per acre. Valuation and BPmI Feasibility
      894 words
    • Advertisement
      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1127 27 City Flight ETA FHgM ETD ■■■MM'" GA525/910 1755 ISartBatawaa SQ181 1410 RA408 0825 ■■ajtuli SQ69 1145 RA408 0825 TG403 1155 TG402 0830 Qf062 1320 SQ62 0845 SQ061 1430 CI664 0850 TG413 1450 KE632 0910 CX713 1455 TG404 1255 QF78 1710 SQ66 1330 TG409 1810 TG406 1525
    1,127 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Thumbs up for a ride to work
      641 27 POSTCARD FROM SAN FRANCISCO LIKE PEOPLE everywhere who travel to a large city to work, commuters here often begin their days with traffic jams, shouted expletives and frayed nerves. But in a state known for innovative solutions, some have found a way to
      641 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.343 1.3625 Canadian dollar 1.517 1.5473 NZ dollar 0.9815 1.0013 Sterling pound 2.83 2.87 US dollar 1.757 1.760 Local dollars to 100 ■■its of fcrrigi cwrcacy Austrian schilling 13.6 13.874
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 27 Durst ton v.-* Ong-tgt P-*» T 22= rw_ A,r« I [ARIA *****2855 July 22- Pan Pacific Hilton Asian Investment Jakarta; July 14-21 Exhibition On Buenos A.res USUARIA *****.855 £7 Pwer Generation Internal,onal Conferences **********8 r ,u p enl Conference Jakarta (Pte) Ltd Spoie: Technology *****8550 Ca« m
      68 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      49 27 T» gp NONE FU6HT INFORMATION ENQUIRY SYSTEM 18 amvat/departure. 54Z44 Z Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      49 words
    • Advertisement
      Page 27 Advertisements Column 2
      72 27 Sophie's (Me T Remember Gerard Depardieu in Green Card? He married an American girl to get permanent residence there. Meet Sophie Siddique, who's quite the opposite. Sophie's a Singaporean-American. She is giving up American citizenship to retain That's her real-life story. And she will act that story out in a
      72 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      194 27 1 Old hat-raising the sum- MH mer-house, for example pj 10 Suffer some plain curiosity jHI 11 Blue, perhaps, but a good I Flattery heard after 13 A place for putting unfin- 14 I I I I 1 I 1 16 Bank security devices used by oarsmen (8) came through
      194 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      219 27 Singapore Outlook: Showers over several areas in the pre-dawn hours and early morning and early afternoon. Report: Maximum temperature 31.3* Assoc humidity 69% Minimum temperature 26.7* Assoc humidity 87% Hours of sunshine 7.80 Rainfall in mm Trace Rainfall this month 22.5 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo*
      219 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      14 27 ■i wrnmjwmmmmm J /vm loc>K\NG l£.f\V mo e EVEJNNQ STANOARO CO. LTD.. 84 b4
      14 words
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  • Article
    HK govt defends handling of BCC crisis
    369 28  -  Depositors criticise decision to shut bank From Catherine Ong in HONGKONG HONGKONG'S Financial Secretary has defended the government's handling of the Bank of Credit and Commerce crisis as the government comes under mounting criticism from depositors for its abrupt decision to shut the
    369 words
  • Article
    DBS: We've no interest
    105 28 DBS BANK has never had any interest in the doomed Bank of Credit and Commerce International SA (BCCI), including its Hongkong operations, a bank spokesman said yesterday. Hongkong newspapers have said that DBS Bank is a potential buyer of BCCI Hongkong. Denying these reports, the spokesman
    105 words
  • Article
    Lock icon Travel ban on Seoul bank officials
    102 28 UPI SEOUL South Korean banking authorities have taken action to keep seven senior members of the Seoul branch of the Bank of Credit and Commerce International (BCCI) from leaving the country. The nationally circulated daily Joongang Ilbo said yesterday that the country's Bank Supervisory
    UPI  -  102 words
  • Article
    Lock icon M'sia building wall along part of border with Thailand
    325 28 IHT SINGAPORE Malaysia is to build a concrete wall along part of its border with Thailand in the latest sign of postcold war tension between non-communist countries in South-east Asia. Analysts said on Tuesday that as threats from the Soviet Union
    IHT  -  325 words
  • Article
    Lock icon Taiwan's investment abroad up in first half
    148 28 AFP TAIPEI Taiwan approved 200 overseas investment projects totalling US$l.O2 billion (S$ 1.8 billion) by local businessmen in the first half of this year, 40.14 per cent over a year earlier, the country's Investment Commission reported yesterday. However, approved investment by foreigners on
    AFP  -  148 words
  • Article, Illustration
    Facing up to reality of life after '97
    671 28  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong correspondent IT IS APT that the two words most used by the Hongkong establishment including the politically conservative business community to describe the Sino-British airport agreement are "pragmatic and sensible".
    671 words
  • Article
    Lock icon EC warns against copyright infringements
    401 28 AFP BRUSSELS The European Community has warned that many of its trade partners will have to pay more respect to copyrights and patents if they want a bigger share of the lucrative European market. Hugo Paemen, leader of the EC's negotiating team at the current
    AFP  -  401 words
  • Article
    Lock icon German budget for 1992 to rein in public spending
    356 28 AFP BONN The German Cabinet has approved the draft budget for 1992 and the broad lines of the budget's development through to 1995. Finance Minister Theo Waigel said yesterday that the plans reflect the government's wish to "pursue its policy of
    AFP  -  356 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      89 28 Nikon The World** Finest Photographic Systems M MPPP*" M j^V Wr Jt «^HI^ r ,u'S^ 6 CERRUTIIBBI MEN'S BOUTIQUES •01-15 The Paragon.Och.ird Road Tel: 2*5 %55 *02-54/60 Wisma Atr.a, Orchard Road Tel: 7*4 9*60 *01 -45 Forum Oalleria, Orchard Road Tel: 7** 1882 LADIES' BOUTIQUE *02-61 Wisma Atria, Orchard Road
      89 words
    • Advertisement
      Page 28 Advertisements Column 2
      109 28 Nikon The World's Finest Photographic Systems CROSBY ON ISO 9000 July 22-23 1991 The Regent, Singapore 551,200 per person John Hutchinson, a Consultant with Philip Crosby Associates in UK will conduct the 2- day seminar on how manufacturing and service organisations can qualify for ISO certification. An engineer by training,
      109 words
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  • Shipping Times
    • Article, Illustration
      Wan Hai Steamship sets up marketing office here
      397 29  -  By Dexter Lee INTRA-ASIA liner operator Wan Hai Steamship has set up a marketing office in Singapore, marking the first step in its plans to eventually base its South-east Asia regional headquarters here. Mr David Lin, Wan Hai's representative in Singapore, told
      397 words
    • Article
      Lock icon Kontena Nasional unit to expand further into maritime business
      367 29 Bernama PETALING JAYA Kontena Nasional, the largest container haulier in Malaysia, will venture further into the maritime business through its subsidiary, Konnas Maritime Services Sdn Bhd, chairman Datuk Khalid Ibrahim said. At a dinner on Tuesday night for the launch of
      Bernama  -  367 words
    • Article
      INDEX TO ADVERTISERS
      862 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 APC Line 13 5 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank Line
      862 words
    • Article
      Lock icon Brussels' ban on night flights worries couriers
      201 29 Reuter BRUSSELS International courier companies, worried they could lose business, met government officials to discuss new restrictions on night flights at Brussels airport. A Brussels court, responding to complaints from local residents about aeroplane noise at night, ruled last month that flights between
      Reuter  -  201 words
    • Article
      APL head becomes TSA chairman
      241 29 THE Transpacific Stabilisation Agreement (TSA) has elected George Hayashi, the president and chief executive officer of American President Lines, as its new chairman. In a statement from the US, the Agreement said Mr Hayashi took over from Mr Jiro Nometo, president of Nippon Yusen Kaisha
      241 words
    • Article
      Lock icon Japan Airlines staff calls off strike
      185 29 Reuter TOKYO A union representing 1,400 Japan Airlines (JAL) pilots and flight attendants called off a strike yesterday even though the company has not bowed to any union demands, a JAL spokesman said. Union members went on strike on Tuesday to protest against JAL
      Reuter  -  185 words
    • NEWS SUMMARY
      • Article
        Building an empire on 'ghosts'
        41 29 CONTAINERWORLD started a scheme for investors to become owners of ships' cargo containers. Four years later, the group collapsed with debts of £6.5 million. In May, the group's two directors were jailed for fraud P«ge 2
        41 words
      • Article
        Continental to raise fares by 5pc
        45 29 LAST WEEK, with little fanfare or advance notice. Continental Airlines said that on July 24, it would raise all its domestic fares by 5 per cent. The industry's response has been even more modest than Continental's announcement Back Page
        45 words
      • Article
        Software flaw causes phone disruptions in US
        64 29 A MANUFACTURER of telephone call-routing computers in US said that a defect in three or four lines of computer code, rather than a hacker or a computer "virus," appeared to be the culprit behind a mysterious spate of breakdowns that disrupted local telephone
        64 words
      • Article
        New battery may boost electric car's range
        34 29 BATTERY manufacturers, who have long been working with traditional lead-acid batteries to develop electric cars, have found that other chemical combinations might provide greater range Back Page
        34 words
    • LOG BOOK
      • Article
        Toyota close to signing Volkswagen agreement
        64 30 TOKYO Toyota Motor Corp is close to an agreement to sell Volkswagen AG (VW) cars in Japan, a Toyota spokesman said, but he declined comment on a newspaper report it will sign the agreement today. The Japanese financial daily Nihon Keizai Shimbun reported yesterday
        64 words
      • Article
        Bahrain to escort ships
        82 30 MANAMA, Bahrain Bahrain said it will help US.and allied warships to escort merchant vessels through the Gult. Bahrain's Crown Prince Sheikh Hamad Bin Isa al-Khalifa ordered naval forces to help safeguard the route used by ships heading for or leaving Kuwait territorial waters, the Gulf News
        82 words
      • Article
        US will vote on minivan issue
        90 30 WASHINGTON The US International Trade Commission will vote on whether alleged Japanese dumping of minivans on the US market has injured the big three carmakers, General Motors Corp, Ford Motor Co and Chrysler Corp. The vote will be a preliminary finding. It the ITC
        90 words
      • Article
        Garuda, Lufthansa study route
        33 30 JAKARTA National air carrier Garuda Indonesia and Germany's Lufthansa are currently negotiating the prospect of a new route linking the two countries via Hongkong, Garuda spokesman Jansius Siahaan said.
        33 words
      • Article
        Terrorism cover for ships
        67 30 PORT OF SPAIN, Trinidad A Trinidad insurance company introduced protection against terrorism, vandalism and sabotage, but mutinies are still a risk. The Reinsurance Company of Trinidad and Tobago (TRINRE) announced the new policies nearly a year after a coup attempt triggered looting that cost local businesses
        67 words
      • Article
        Celeron to furlough 48 workers
        103 30 HOUSTON Celeron Corp, the crude-oil pipeline subsidiary of the Goodyear Tire and Rubber Co, said it would furlough 48 workers, more than one-fifth of its work force of 218 people. George Hargreaves, president and chief executive of Celeron, said the reductions were part of what
        103 words
    • Article
      DAILY FREIGHTS
      720 30 DRY CARGO freight rates on Tuesday had a quietly easier tone while awaiting news of Soviet chartering, brokers said. "There's no Soviet move we are aware of," said one broker, adding the Soviets would probably charter through third parties. The Baltic Freight Index was marked down 13 points
      720 words
    • Article, Illustration
      Lock icon Building an empire on nothing
      1048 30  -  Containerworld started a scheme for investors to become owners of ships' cargo containers. Four years later, the group collapsed with debts of £6.5 million. In May, the group's two directors were jailed for fraud. Jenny Grove explains what tipped the scales of justice against them
      Containerisation International  -  1,048 words
    • Article
      COCKETT BUNKER MARKET REPORT
      853 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index changc and
      853 words
    • Article
      THE SHIPPING GUIDE
      11078 38 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 in- 1 volved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for
      11,078 words
    • Article
      SHIPPING AGENTS
      3313 43 Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Ad km Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahreakiel Liner Service: Kim Shpg A Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,313 words
    • Article
      COURIER SERVICES
      248 43 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      248 words
    • Article
      AIR FORWARDERS
      1527 43 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7812! Fax: *****20. Aeroliak Freight Interantionnl Tel: 545-803lFax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo ExgtM Tel: 542-5454. Fax: *****06. Air Express laterantional Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,527 words
    • Article
      PORT CONDITIONS
      1876 44 ARGENTINA Buenos Aires: Labour: Stevedores continue to arrive half an hour late for work and to leave half an hour early. There are also stoppages of one full hour during each shift, reducing the effective working time per six hour shift to four hours. Port busy; all berths
      1,876 words
    • Article
      AIR FREIGHT SCHEDULE
      462 44 ARRIVALS Op Hight Type ETA T From TODAY KAL KE697 B747F 0150 I SEL NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 I TYO NWA NW90I B747F 1735 1 ORD/ANC/NRT SI A SQ821 B747F 1755 2 LON/DXB NCA
      462 words
    • Article
      CRUISE & FERRY SCHEDULES
      349 44 CRUISE FERRY SCHEDULES CRUISE SHIPS An Pep Name of Vessel ETA ETD Ports off Ctlh Port Agent JULY 13 13 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 14 14 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 17 17 Orient .Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 18 18 Cora Princess 1000
      349 words
    • Article
      SHIP SALES & TANKER RATES
      873 44 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING duivi caiims Bulk Transporter 64,441 dwt and built 1973, sold to Greek buyers for about US$7.BO to US$7.B5 million. New Mail: 21,380 dwt and built 1981, sold to German interests for around US$7 to US$7.2 million. Mostake: 35,306 dwt and built
      873 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        592 45 foml »oy W> Bwtt km* Pqnrii« Marina Tsrminal 1 Batam ttatu *****1 M04 alongside 11 07/2300 Batam Sayang *****1 M04 alongside 1107/0500 Batamndo 1 66S M02 alongside 10.07/1530 Btm Bahagia *****1 M03 alongside 11.07/2300 Garuda G07 M03 alongside 10 07/2300 Hai Hu 1 9108 M02 alongside 1107/1200
        592 words
      • Article
        IN MALAYSIAN PORTS
        190 45 Pwung Port Berth in Buttarworlh on July 11: 1: Marine Flower; 2: Pacific Samudra; 3: Gulf Jade; 4: nil; 5: Tanah Air; 6: Bunga Seroja. Ponang Wharf; NB: nil; CB: Victory, Cipta Karya; SB: ml. BCT: Bl: Pluto; BH: ml; l/B: nil. VOTP: nil. Dw on July
        190 words
      • Article
        CONTAINER SCHEDULE
        1250 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookine/Babnco Mb Sjjp Voy No Etb/Btr P«riod From To From ACX Rose 16A 11/1500 1 10/1500 10/1659 10/1900 An Adelaide ***** 11/1600 1 10/1500 10/1659 10/1900 Anson *****N 12/1700 2 10/1700 11/0659 11/0900 4 11/1200 11/1459 11/1700 As Pegasus
        1,250 words
    • Article, Illustration
      Lock icon Continental to raise fares by 5pc
      518 46 Few airlines rush to match the fare increase NYT NEW YORK Last week, with little fanfare or advance notice. Continental Airlines said that on July 24, it would raise all its domestic fares by 5 per cent. The industry's response has been even more
      NYT  -  518 words
    • Article, Illustration
      Lock icon New battery may provide greater range for cars
      271 46 NYT NEW YORK Battery manufacturers, who have long been working with traditional leadacid batteries to develop electric cars, have found that other chemical combinations might provide greater range. Researchers have predicted that batteries made from several other formulas like sodium and sulphur,
      NYT  -  271 words
    • Article
      Lock icon Software flaw causes phone disruptions in US
      488 46 NYT WASHINGTON A manufacturer of telephone callrouting computers said that a defect in three or four lines of computer code, rather than a hacker or a computer "virus," appeared to be the culprit behind a mysterious spate of breakdowns that disrupted local telephone
      NYT  -  488 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      26 29 Lines ana services represented by Members of the Registry of Accredited Shipping)* Agents, Singapore National Shipping AsM ciation For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      26 words
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      Page 29 Advertisements Column 2
      87 29 SWEE HENG METAL CO PTE LTD I No 13, Tuas Avenue 14, SfPQRE 2263 FAX: 861 2946 TEL A V] Eauipment Industrial Maintenance Equipment Also rental repair Air Forwarders 15 Ar Fnght Schedule 16 Cockßt Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 My Fretfits 2
      87 words
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      Page 30 Advertisements Column 1
      278 30 I ARTHUR ANDERSEN CO J SALE BY RECEIVER [r AND MANAGER II Offers are invited for the purchase of a two-deck I I passenger cum car ferry on an "as is where is" basis. I I Particulars of the vessel are: I I Type Twin Screw Motor Ro Ro Car/
      278 words
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      Page 31 Advertisements Column 1
      2178 31 jar6ine shipping agencies 1 %mllv# 200 tan,onm nt Road #12 05 Southpomt, Singapore 0208 \lVlfr TM *****11 TELEX NO RS ***** H ■illllH TERMINAL/CFS Tel *****18 220 rMMflyj bookings rei *****34 2SB L vQQQf J rtSAKA JAR DINE SNIPPING AGENCIES SON. BHD HOST KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG
      2,178 words
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      Page 31 Advertisements Column 2
      1671 31 TRANSPORT DIARY Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition, Tokyo, Japan. COURSES July
      1,671 words
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      Page 31 Advertisements Column 3
      1519 31 ■QEBißasßa TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/SOUTHAMPTON 16 DAYS Vmni Voy ETA 1 ETO 'Port "Panang 1 DESTINATIONS Singapore Kalang TfM <Mk Louts Maar* Feeder by D| S3 |^E CFS^-^27°23S« M H«S M P,o, OAK LQB HOU MEM ATL MIA CHS BAL PHL NYC MON fOR
      1,519 words
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      Page 32 Advertisements Column 1
      1120 32 ■HP^yT^jjßMpHSSp —I I ROTTED AM.I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SBBgl HONGKONG EXPRESS 02/127 11/7 1/8 30/7 29/7 KAGA 19/327 14/7 31 7 2 8 5 8 6/8 PMSSBSU KURAMA 11/128 17/7 8/8 8/8 5 8 J. ALL FRANKFURT EXPRESS 57/328 21/7 7/8 9/8 12/8 CMXD
      1,120 words
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      Page 32 Advertisements Column 2
      645 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG 2404E8 1/8 16/8 19/8 24/8 ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PA6O PAGO. APIA i MJKUALOAfA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX STO (PERU) L. J. BONTANG 2404E8 1/8 7/9 8/9 13/9 14/9 11/9 Agents SINGAPORE:
      645 words
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      Page 32 Advertisements Column 3
      1719 32 ESwaaifl junrae. i REGULAR MOEPENOENT FULL COMTAMEB SERVICE WESTBOUND FOR EUROPE VSI/VOY SM M.CKLHAMBREROTMTFGLUM (VM (VM «M AIG) HAM) ROT) NOR ASIA MUBARAK 9118-3 12/07 02/ OS 04/01 07/01 01/01 M/M 10/01 11/* 12/ M NOR ASIA AL-MANSOORAH 9119-3 11/07 10/08 12/0« 14/01 15/01 It/M 17/Ot 11/* 19/* ARABIAN SEA
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      Page 33 Advertisements Column 1
      1859 33 fijSSteamers Maritime Holdings Ltd ■TIP STRA.TSJHIPP.N-q Containers mjm Vey Ne Pen/+PU Vpere I Alt Sen AM tot Hbf LAUST MAERW 9101 M/ 07 M/ 07 11/07 25/07 20/07 20/07 31/07 TOKYO BAY 0530 00/07 00/07 13/07 30/07 01/00 03/00 CWH) y LAURA MAfltS* 0100 13/07 15/07 17/07 01/00 00/00 05/00
      1,859 words
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      Page 33 Advertisements Column 2
      1832 33 lililiKH TO: U.S.AJPANAMA FM: U.S.A7PANAMA ¥«»i/voy OM Lisa CM roe jm hco nyc «na/vor wrc noo_ u* c» 100 ow 55T5iiiTarffIz7 TjTt 7/i t/i u/( «7i ivi FtTT pmaam xmtoo mih s/o o/o u/o IV* «/7 CHOVANG CHAHCT ffl?l 20/7 14/* 10/0 »/t 31/» 1/S FUtOflArf KNATOR Ml2l U/0 U/l
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      Page 33 Advertisements Column 3
      373 33 STRAITS/ JAPAN/ STRAITS SERVICE I LOADING FOR YOKOHAMA/NAOOYAI COSMIC TRADER Vl9 I ETA PK 20/7/91 I ETA SPORE 22/1/91 I ETA NAOOYA 2/8/91 I ETA YOKOHAMA 5/8/91 I NOTE: ALSO CALLING OTHER JAPANESE PORTS, I HONGKONG, TAIWAN CHINESE PORTS. I SUBJECT INDUCEMENT I IMLintermaritimel SOUTHERN AFRICA SERVICE I DIRECT MONTHLY
      373 words
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      Page 34 Advertisements Column 1
      542 34 MB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOt I STORE ROAM ADAM H'BURG BREMEN ANTHERf SAIVIUATA 32W 14/1 3/9 9/9 12/9 14/9 KUTAI/23W 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«d to Inducement AI»o »cc«pMng cargo to Casablanca. Port Said. Port Ale*andrla, Genoa,
      542 words
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      Page 34 Advertisements Column 2
      977 34 ®$t a 3E m. HANJIN SHIPPING RTM ANR HAM BRV EEL FEEDCR VSI SIN LINE HAUL LGB OAK HANJM VANCOUVER 005W 15/7 2/8 3/8 4/8 4/8 5/8 6/8 HANJIN LONGBEACH 034E 19/7 WRECT l/l 10/1 HANJIN LEHAVRE 013W 22/7 9/8 10/8 11/8 11/8 12/8 13/8 HANJIN HONGKONG 030E 24/7 DWECT
      977 words
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      Page 34 Advertisements Column 3
      67 34 Comntoral/ 10./FCI Service To met eukvl mm sou™ wok* rat aw raw ocuh VESSELS FOR •SONQ "A VESSEL- MADRAS/CALCUTTA/CHITTAQONQ/RANQOON ISf7/»1 -AARON r iKK/SATTAUR/VUNOTA U/ PHNOM PENH «/WJI "A VESSEL" COLOMBO/DLWAI/DAMMAN/KKWAfT W7/J1 -A VSL JEOOAH/HOOEIOAH/AQA6A 1 -O. SERAVA" -UN SAT AM WEEKLY SERVICES TMC SHIPPING/A AARON ORIENT LINES >l I—k T«I:
      67 words
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      Page 34 Advertisements Column 4
      1258 34 I Trl I KL KS U.C U Ml m n H rro UU CK U NTCIMf MM MM W US F® QM HQ. E OCT lE-033 11/7 M N 10/7 17/7 U/7 22/7 24/7 21/7 27/7 21/7 21/7 l/l 20/1 22/1 23/1 1/0 2/0 3/0 S/0 M/ 0 23/0 Vt%
      1,258 words
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      Page 35 Advertisements Column 1
      1726 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) BOOKINGS- NEPTUNE LINK TEL *****00 USA SERVICE -*****16 TERMINAL OFFICE *****22 SERVICE -*****19 DOCUMENTATION DEPT: *****4^2 *****4 6(9 MR AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT FAR EAST SERVICE -*****48 CFS: K27 IMPORT .*****69/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P.
      1,726 words
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      Page 35 Advertisements Column 2
      1076 35 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: *****11 *****1 (REGULAR INDEPENDENT SERVlCE)_^^_^___ FULL CONTAINERSHIP SERVICES EASTBOUW-OBCHMGWC WESTBOUrC-LOAONG TMCHTfED Vl* WTTtWMI irawt «jv |mU P«6 io? law |FKI [HB6 |BH» T«. »TM
      1,076 words
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      Page 36 Advertisements Column 1
      1439 36 4 a W I *F" ft AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) AM v Mfam TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 W |V| lJ f MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD IV M IW*J TEL pJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN
      1,439 words
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      Page 36 Advertisements Column 2
      1179 36 \jm PMU-OMCNT UN€S PT€ LTD 108 ROBINSON ROAD #0/00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SZcaiJr WE TAKE ON THE WORLD FOR YOU A MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 JUL MONTREAL. OnAWA. TORONTO. VANCOUVER, SWESTERN ONTARIO. 17
      1,179 words
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      Page 37 Advertisements Column 1
      1397 37 PACIFIC INTERNATIONAL LINES (PTE) LTD M m PW- Building, 140 Cecit Street Singapore 0106. [Jakarta 1 1 Bangkok H VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN HAI QUANQ 9110 14/7 19/7 JENLINK 91N 11/7 15/7 1«/7 I SUNOA TERATAI 293 14/7 19/7 21/7 PCQASUS PftOORCSS 575N 11/7
      1,397 words
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      Page 37 Advertisements Column 2
      598 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyfl Delft 228 m Pt 27/7 28/7 29/7 31/7 Nedlloyd Hootman-f 226
      598 words
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      Page 37 Advertisements Column 3
      376 37 BEN ASIA CONTAINER SERVICE I Sport BTut Pegasus Propew 675K 12-13 U 15-17 U k*eruty VI4IN 14-15 U 17-11 M Pegasus Profress V676N 19 Jul 23 JM HCwuty VI42W 21_M 24M General Ajents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Fai: *****63 r (National carrier of Jordan) JORDAN FAR
      376 words
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      Page 37 Advertisements Column 4
      420 37 Ml MYANMA FIVE STAR LINE (Myanmar National Lina) Loading for Yangon (Rangoon) Spore P.Klf Pen P.Gdf MYOMA YWA VI36W In Pt PA THEIR VII2W 12/17 U MAGWAY V2IW In Pt 12/14 Jul SAGAWG V24W 14/17 hi MPA-AN VIMW 11/21 M PAGAN VI72W 22/25 M IS&THI BANK LINE (A Mfvtc* of
      420 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      731 40 TO AUSTRALIA/NEW ZEALAND "*5 [si! |Fr«n llMl Syd lAuck INK |P CHAIM OCIOKB 274 22/7 H/J «7i I I U/l T»7i MMTM* I 275 12/1 lt/l 22/1 2S/t 27/* 31/ i lll€* HUOK 27« 23/S M/( l«/» IS/S I*/S «USS£L 277 14/S 20/» 23/» 21/S 30/S ITTo TO USA/CANADA 55
      731 words
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      Page 40 Advertisements Column 2
      837 40 STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TVO SM2 NGO KO6 j~VtSSEL VOY SIN Wl PUG BLW TSK CHOWS 21 13 7 *»«.7 12 7 187 23.7 24 7 25 7 TiK CHORUS 21 12.7 13 7 j ACX HOSE 168 *12.7 12.7 16 7
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      Page 40 Advertisements Column 3
      180 40 PJ'PERUSAHAAN PELAYARANi W KALIMANTAN DIRECT WEEKLY SERVICE TO i JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA XXI Voy 15/91 12/13 Jul Jakarta/Palembanf I NIAGA 42 Voy 11/91 15/16 Jul Jakarta/Paiembant j NIAGA XXN Voy 16/91 18/19 Jul Jakarta/Palembanf NIAGA XXI Voy 16/91 22/23 Jul Jakarta/Palembanf i NIAGA 42 Voy 12/91 25/26
      180 words
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      Page 40 Advertisements Column 4
      1720 40 'tea fSI 15 i£ t CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINRR SERVICE MALAYSIA'S AfiDiTS: SINGAPORE'S GENERAL AGENTS CHUNG CHjAO SWMJG1 SON WD COSTWt SHPPING PTE LTD LLSSS'uSSSt SL««5 L IB.: *****00/*****33 HDONESW MWUME. P. KLANG TEL 3%M10%, BIU. M ™3 m m oct 0 rntuv JKT TEL (G21)351C37, 3U7M
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      Page 41 Advertisements Column 1
      740 41 GUARANTEED CONSOL TO:KEELUNG/KAOHSIUHG 11.7.91 HONG KONG 12.7.91 BUS AN 14.7.91 BANGKOK 13.7.91 EUROPE 14.7.91 TOKYO/KOBE/YOKOHAMA 14.7.91 USA 15.7.91 AUCKLANO 21.7.91 FREMANUE 16-7.91 SYDNEY/MELBOURNE 15.7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 536-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAJNE TAN. KATHLVN TAY, SOPHIA BAY OW KAREN MM FAST DRECT REGULAR
      740 words
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      Page 41 Advertisements Column 2
      458 41 RICHFIELD MARINE AGENCIES (S) PTE LTD 3a TEL: *****33 (12 Lines) ZZL FAX: *****15/*****03 pi TELEX: RS ***** RIBHIP (3 Lines) Pi ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANOINET 24W8 15/00 DARESSAIAAM MOMBASA. DJIBOUTI ASSAB MASSAWA ABYOT 26W8
      458 words
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      Page 41 Advertisements Column 3
      833 41 SEAWARD SHIPPING AND TRADING CO (SI PTE LTD ETA ETA ETA STORE PORT HUANG PENANG OtUE MDE IS/7 11/7 Uwnut) 10/7 Loading tor Mate RUVAI HUOHU 20/7 loading tor Calcutta OOIPHN 9/7 7/7 Loading For Male PtONEER SUPREME In Pt 10 7 Loading For Mate DONAKUIHI IS/7 loaded For Feliwaru
      833 words
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      Page 41 Advertisements Column 4
      747 41 SYDNEY/MELBOURNE BANGKOK wooa [for tram m [kmc. low mueom. ummai PIT A BHUM 1100 20-21/7 2-4/1 0-0/0 MAHA BHUM# 65N fri 12/7 Won 15/7 PIAM TA mi HO/7 22-24/7 20-20/7 NOMBEACH 03N Sat 13/7 Tu> 10/7 m> BHUM 1307 20-21/7 2-4/0 0-0/0 DEM BHUM# 11 Sat 13/7 T« 10/7 KAMI*
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      Page 42 Advertisements Column 1
      1194 42 S'PORE SESKSE? PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061)*****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MEP PORTS AFRICA pen PK SIN PEN PK S,N Colombo 21/7 22/7 23/7 19/7 20/7 21/7 Ldn/Flx/Rdm/Ant Ourban/Pt Louis 20/7 21/7 22/7 12/7 13/7 14/7
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      Page 42 Advertisements Column 2
      372 42 BLUE STAR LINE 11SINGAPORE TO 1| NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRI9TCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SM N. fit WICK ITT MANOAMA 0600 23 M 1 Au| Via NPt 3
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      Page 42 Advertisements Column 3
      819 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CQWVIWTIONAL/CQMTAiWM I CONTAINER SERVICES SB SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IVOT IETH lit ST VESSEL *0T
      819 words
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      Page 42 Advertisements Column 4
      396 42 NVOCC FRATA CONTAINER LINES ME PROUD TO OFFER OUR CONSOUDMIOW TO MDER VMUETY OF PORTS. PORTS FREQUENCY/MTH ETA SN TRANSIT TM AUCKLAND 3 SMLMGS 21/07 14 MVS BANGKOK 4 SALMGS 19/07 3 DAYS CALCUTTA 4 SALMGS 16/07 5 DAYS CHTTAGONG 4 SAILINGS 22/07 5 DAYS COLOMBO 3 SALMGS 20/07 5
      396 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      115 44 1 H' t -1H Scalpel...scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept weU informed to maximise returns on Essential information accessible every business day your money. Business Times. J" e f!2f ay 3 SUr eo
      115 words
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      Page 44 Advertisements Column 2
      7 44 Innovation Technology in Business Times every Tuesday
      7 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      306 45 TIDES AND WEATHER -<g■.***—T%m .inmtt "»=*■?»»> un m i■iiiiiaui mam* mmm» rummmmmi TODAY'S TIDES (hei»t in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 (MOO 0910 **********00 *****400 *****600 **********00 2000 2100 2200 2300 JR 2.5 1.9 1.3 08 05 04 04 06 1.1 13 18 20 2.4
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      Page 46 Advertisements Column 1
      742 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAWNE CO. LTD. r rr I 7——'.. T-,rJq mtaw 127 07/07 01/07 10/07 H. MNOVATOR 42E 05/01 01/01 11/ M MY M 5« 02/01 04/00 NAN HM 203 010 14/07 15/07 17/07 M. EXPLORER 41£ 12/01 15/01 10/01 GOLDEN GATE ORDGE 5*
      742 words
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      Page 46 Advertisements Column 2
      113 46 PAS*? GUD ANG/SINGAPORE TWICE WEEKLY SAVINGS QUE ft 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 .siNgf£22l (07)*****0/*****1 (02)534-0042 /Sung line^ VESSEL VOY P.GUDANG S'PORE JOSINDO SATU 015S 12/7 13/7
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      Page 46 Advertisements Column 3
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