The Business Times, 16 July 1991

Microfilm: NL17606
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Tuesday, July 16, 1991 75*
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  • NEWS SUMMARY
    • Article
      US industrial production up 0.7pc in June
      55 1 WASHINGTON Industrial production in the US rose 0.7 per cent in June, a third consecutive monthly advance that gave further evidence of a modest recovery in manufacturing. The Federal Reserve said yesterday that after six consecutive monthly declines, April and May outputs were
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    • Article
      Midland comments on FT report
      67 1 LONDON Midland Bank pic, commenting on a Financial Times report that a trade finance arm of the bank ran up losses of £75 million over 10 years, said yesterday that it referred to the matter in its reports to shareholders at the time. The FT
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    • Article
      French voice concern
      34 1 THE French business community has joined the British and American business communities in expressing concern that shortages in educational facilities may curtail the growth of French investments in Singapore Page 2
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    • Article
      NZ inflation hits low
      32 1 NEW ZEALAND'S inflation rate has fallen to its lowest level in 25 years, indicating that both the country's interest rates and currency could fall even further Page 7
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    • Article
      Difficult task ahead
      39 1 EAST ASIAN economic integration is likely to be a difficult process in spite of encouraging signs in recent years although regional growth will continue to be high, says a report by Overseas Union Bank Page 7
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    • Article
      Soviet plans unclear
      38 1 THE British and Canadian prime ministers have made it clear that Soviet reform plans put to the Group of Seven richest countries are vague and are unlikely to prompt a quick material response Page 9
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    • Article
      No knockout for Punch
      29 1 PUNCH, the weekly satirical magazine as British as bulldogs and bowler hats, is struggling to survive after 150 years as a national fixture Page 19
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    • Article
      Mysterious demise
      32 1 MYSTERY shrouds the sudden demise of home-grown Pronto Worldwide Couriers, which only two years ago boasted a $20 million expansion plan to obtain a foothold in Europe and the US.
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  • MARKETS SUMMARY
    • Article
      Dow higher
      29 1 WALL STREET opened higher yesterday with the Dow Jones index of 30 leading industrials posting a 4.02-point gain to 2,984.79 in the first five minutes of trading.
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    • Article
      Footsie higher
      37 1 LONDON share prices were higher at midday yesterday, boosted by an earlier rally in the futures contract. At about 1115 GMT, the FTSE 100Share Index was up 21.1 points, or 0.8 per cent, at 2.518.5.
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    • Article
      SEEL looking abroad
      29 1 SINGAPORE Electronic and Engineering, which launched its share offer yesterday, hopes to gradually replace its substantial local defence-related work with similar contracts from overseas Page 3
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    • Article
      KLSE may skip a step
      26 1 THE KUALA LUMPUR S»ock Exchange may implement the central depository system without first going through the broker depository system Page 3
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    • Article
      Signs of easing policy
      38 1 A MODERATE rediscount rate cut by the central bank last week, the first readjustment in nearly two years, is seen as a signal that Taiwan could loosen its current tight monetary policy Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 703.17 -2.33 Kuala Lumpur ....594.25 -4.35 Tokyo 23.459.04 321.26 Hongkong 3,945.12 +29.95 Sydney 1.539.2 +7.3 Friday Change New York 2,980.77 +21.02 London 2,497.4 -13.1
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7495 100 Yen SS 1.2770 MS SS 0.6297 Money market rates Overnight 4-1/4 +3-1/4 3-month 5-3/4% -1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS369.10 +USS1.20 Rubber S'pore Aug 14_V50Vkg -0.50 M'sia Aug 229.50*/kg unch KL Tin Turnover 25 tonnes -II Spot MS 15.46/kg +0.07 Crude palm oil Turnover 2,413 lots -991 Aug MS825 /tonne +28
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  • Article
    Lock icon NY giants Manny Hanny, Chemical Bank to merge
    442 1 Agencies NEW YORK Two of New York's oldest and bestknown banks. Chemical Banking Corp and Manufacturers Hanover Corp, yesterday announced a stunning merger that will create America's second largest banking company with assets of US$l35 billion (***** billion). Under the agreement, expected
    Agencies  -  442 words
  • Article, Illustration
    Judgments won against Khamis
    511 1  -  Stanchart. DBS action may cause Moroccan businessman his flagship By Dawn Tan TWO Singapore banks won summary judgments against Moroccan businessman Elyamani Khamis last Friday, a move that could cost him his flagship Marina Village International. Standard Chartered and DBS had brought suits against the Moroccan
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  • Article
    Khamis' Sentosa projects not moving
    211 1  -  By Sangeeta Mulchand KHAMIS HOLDINGS has yet to start development on two Sentosa sites, even with the scheduled completion date of one of the projects a mere six months away. Indeed, Sentosa Development Corporation (SDC) is still waiting for the building schedules of an $85
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  • Article
    Deadline past, so Hakuei loses hotel site and $21m
    349 1  -  By Elaine Koh A MISSED deadline for payment has cost Japanese developer Hakuei the loss of its hotel site in Merchant Road, and the forfeiture of $21 million already paid to the Urban Redevelopment Authority (URA). The Osaka-based Hakuei group won
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  • Article, Illustration
    French firm SCOR pays $41m for 7 floors of GB Building
    456 1  -  By Lee Han Shih A $41 MILLION deal has caught the property market by surprise, not only because of who the buyer is but also the amount paid for the property seven levels of GB Building in Cecil St.
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  • Article
    US dollar dives before recovering
    235 1 THE GREENBACK opened sharply lower in Asia yesterday, battered by fears of another round of concerted central bank intervention and pressured by poor US economic data. In Asian trading yesterday, the US dollar opened lower at 1.7900 marks and 136.80 yen, compared to Friday's closing
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      Page 1 Advertisements Column 1
      213 1 Nikon The World s Finest Photographic System. Shipping l imes Page 1 Aircraft Schedule 29 Money Changer Rates 29 Weather 29 Commodities 28 Money Market 27 Work) News 8,9 Cryptic Crossword 29 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial, Financial News 6 Regional Stock
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      Page 1 Advertisements Column 2
      7 1 Expat community lacks educational facilities, Pr 2
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    • Advertisement
      Page 1 Advertisements Column 3
      62 1 Nikon The World s Finest Photographic System. H j I WmmMW I I -v 'flj ||Pfi Panther? d<? Cartier II 1 I I wSsmm .Mill lIW mu/t' dp (a/ Her Boutique/ SINGAPORE #01-36. Lucky Plaza. 304 Orchard Road. Tel: *****27 #01 04, The Shopping Gallery. Hilton International Singapore. 581. Orchard
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        More guest rooms for Dynasty Hotel
        70 2 A MAJOR renovation will see The Dynasty Singapore with a total of 400 brand new guest rooms by 1993. Costing the hotel about $28 million, the renovations will include a complete makeover and upgrading for the guest rooms, guest room corridors and guest lifts
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      • Article
        Higher retirement age
        71 2 JURONG Shipyard has signed a collective agreement with its union, raising the retirement age of employees from 55 to 60. The move, the company says, is in line with the government's call to Singapore companies to raise the retirement age of all employees. Until now, the yard
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      • Article
        Singapore-Belgium link-up
        56 2 SINGAPORE Telecom has established an integrated services digital network (ISDN) service linking the Republic with Belgium. Charges include monthly subscriptions ranging between $40 and $350 and usage costs ranging between 10 cents and 25 cents per minute. Outgoing international calls will be billed at current IDD rates, on
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      • Article
        Holiday fantasy draw
        49 2 A GRAND Holiday Fantasy Draw will be held tomorrow to conclude the two-month Airport Shopping Fantasy Promotion at Changi Airport. The promotion is aimed at heightening travellers' awareness of Changi's shopping facilities. The two-month-long Airport Shopping Fantasy started on March 21 and ended on May 19.
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      • Article
        Aspiring designers all
        104 2 TEN aspirants are vying for the prize of an overseas scholarship at the Singapore Young Designers Contest (Fashion) in August. It kicks off a four-day fashion extravaganza, Fashion Connections Singapore, for the fashion industry The first and second winners will represent Singapore at the Asean Young Designers
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      • Article
        Managing stress
        45 2 FCATH WALSH, a senior lecturer at the Ngee ann Polytechnic's mass communication unit, will give a talk on Saturday, Aug 3, on stress management, at the Central Library. The topics for discussion include time management, communication, health and how to reduce stress effectively.
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    • Article, Illustration
      French expat community lacks educational facilities
      535 2  -  Shortage may curtail growth of investments in Singapore By Rosie Tan THE French business community has joined the British and American business communities in expressing concern that shortages in educational facilities may curtail the growth of French investments in Singapore. Michel Pinaud, president of
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    • Article
      Mould and die fair nets $27m worth of sales
      178 2 THE mould and die fair held last week netted 527 million in sales, with the largest contingent, China, bagging S7 million of the total. On-going negotiations could produce more deals over the next few weeks, said the organiser, B&l Singapore. It
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    • Article, Illustration
      SMA voices concern over three-month bonus
      358 2  -  By Genevieve Cua THE Singapore Manufacturers' Association (SMA) yesterday expressed concern over the recently announced three months' bonus for civil servants, a move that is seen as setting the tone for the private sector. SMA president Robert Chua said that some industries will not
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    • Article
      Western Digital moving towards non-manual manufacturing
      307 2  -  By Michelle Low FACED with a tight labour market, computer components company Western Digital (Singapore) is forging ahead towards "lights out" or non-manual manufacturing. Having inaugurated Singapore's first US$7.5 million (S$ 12.75 million) fully automated disk drive n anufacturing line yesterday, the Los Angeles-based
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    • Article
      Sara Lee hopes to double regional turnover with HQ here
      310 2  -  By Carolyn Lim SARA LEE Corporation, the huge US concern ranked 38 among Fortune 500 companies, is setting up regional headquarters in Singapore as part of an effort to double its regional turnover to more than US$l billion (SSI.7 billion).
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    • Article
      Developers hold off new projects
      174 2 ABOUT 1,000 residential units were completed in the first quarter of this year while a further 10,437 units are currently being built, according to Urban Redevelopment Authority statistics. The Real Estate Statistics Quarterly's Jan-March survey showed that potential supply of residential units stood at 38,382
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      383 2 NO INVESTMENT KEEPS PACE WITH PROGRESS LIKE PLATINUM H H lOR THE 199 1 AUSTRALIAN KOALA PLATINUM COIN 11 _■< 'v- 1 Platinum is the world s rarest precious metal, 10 metrii tons of ore A different Koala motif each year makes it not only a platinum investyieldin# only I
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SEEL wants more foreign deals to replace local ones
      521 3  -  By Carolyn Lim SINGAPORE Electronic and Engineering (SEEL), which launched its share offer yesterday, hopes to gradually replace its substantial local defence-related work with similar contracts from overseas. Twenty-one million vendor SEEL shares are being offered at $1.25 each, making this
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    • Article
      San Teh 15 times oversubscribed
      205 3  -  By Claire Leow RIDING ON a wave of investor interest, San Teh Limited was oversubscribed 15 times when its share offer closed yesterday. This exceeded the expectations of analysts who had warned that it would meet stiff competition for the investor's dollar from SAL Industrial
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    • Article
      SAL may better CSA's subscription rate
      185 3 THE MARKET is getting bullish on SAL Industrial Leasing's share issue after the surprisingly good response to CSA Holdings. SAL's offer of 37.7 million shares at 80 cents apiece closes at noon today. Analysts expect SAL to equal if not better CSA's subscription rate
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    • Article
      Acma responds to SES query
      207 3 ELECTRONICS firm Acma Ltd is currently looking for appropriate businesses to inject into Gold Coin Ltd, the company it is in the process of acquiring. However, Acma announced over the weekend that, at this time, it does not have any firm arrangement or agreement with
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    • Article
      Singer could be Acma's brand new game
      697 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih FORGET all the talk about joint ventures. Forget about synergy and strategic stakes. Disregard, for the moment, the distribution network Acma is trying to assemble. These are all a means to an end. In
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    • Article
      Lock icon KLSE may decide not to use Broker Depository System
      357 3 MBT Bernama KUALA LUMPUR The stock exchange may implement the Central Depository System (CDS) without first going through the Broker Depository System (BDS). Kuala Lumpur Stock Exchange (KLSE) executive chairman Nik Mohamed Din Bin Nik Yusoff told reporters yesterday that the
      MBT; Bernama  -  357 words
    • Article
      Wearnes Tech appoints new distributor
      329 3  -  By William Chia WEARNES Technology, which has revamped its marketing network several times over the past six months, has appointed a new exclusive distributor for its Singapore and Malaysia markets. Wearnes Tech's general manager for trading Hoong Bee Teck announced the appointment of Pacificomp Pte
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    • COMPANY BRIEFS
      • Article
        M'sian firm setting up card phones in Vietnam
        56 3 HANOI Malaysian listed company Sapura Holdings Sdn Bhd will help set up Vietnam's first card-operated telephone system, the Vietnamese newspaper Tuoi Tre reported yesterday. Hanoi's Post and Telecom nunications Service has reached an agreement with Sapura, which has already begun setting up
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      • Article
        Tongkah buying Menara Smi
        79 3 KUALA LUMPUR Tongkah Holdings is acquiring Menara SMI for M 521.4 million by issuing 13.13 million Tongkah new ordinary shares at M 51.50 each and the balance M 51.85 million in cash. Instead of acquiring plots of land and buildings in Kuala Lumpur and a condominium
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      • Article
        GK Goh forms unit in HK
        70 3 GK GOH HOLDINGS has informed the SES that it has formed a subsidiary, GK Goh Securities (Hongkong) Nominees Limited, with an authorised share capital of HK$ 1,000. The subsidiary has two directors, Ferris C Bye and William Waller. GK Goh Securities (Hongkong) Nominees is
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      • Article
        Good response to DBS rights
        73 3 DBS BANK announced that its rights issue, which closed on July 12, was well-received. As many as 99.22 per cent, or 47.05 million, of the total number of rights shares offered (47.42 million) were subscribed by shareholders under its recent rights issue. Applications for 1.79
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      • Article
        Foreign holding in UOB
        74 3 THE United Overseas Bank has said that foreign shareholdings in the capital of the company was approximately 39.35 per cent at the end of June. Foreign holdings of the company's 1989-1994 warrants were approximately 31.24 per cent. Foreign investors also held or controlled 0.43 per cent
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      • Article
        Tonhow director resigns
        26 3 MICKY Kon Hong Shin has resigned as director and member of the audit committee of Tonhow Industries Ltd with effect from July 10.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      389 3 I The MOST comprehensive digest A directory for I I the business traveller. I ENLARGED UPDATED 2nd EDITION HUNDREDS OF NEW BUSINESS CONTACTS US$l7 or HKSI32 incl post i packaging (Payable to This is AMEX accepted Address: This is Vietnam. #36. 3 South Bay Close, Hong Kong. Fax ordera: (852)
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        IFC plans bailout of Manila copper smelter
        71 4 MANILA The International Finance Corp (IFC), the investment arm of the World Bank, is preparing a financial plan that would raise US$235 million (SS4I4 million) for the Philippine Associated Smelting and Refining Corp (Pasar). Pasar president Alfredo San Miguel said the amount, to
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      • Article
        Tokyo firms to order from Alcoa
        83 4 TOKYO Japan's Mitsubishi Heavy Industries Ltd, Kawasaki Heavy Industries Ltd and Fuji Heavy Industries Ltd are negotiating to buy aluminium sheets from Aluminum Co of America for use in Boeing Co's new 777 jetliner, a Mitsubishi spokesman said. He did not provide details but
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      • Article
        Newcrest can explore in Chile
        52 4 CANBERRA Gold producer Newcrest Mining Ltd has been given permission to explore and possibly invest in Chile. Australia's Trade Minister Neal Blewett said Newcrest was given permission by the Chilean government following his recent visit to Santiago but he gave no further details about the
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      • Article
        Sanyo unit to boost fridge output
        92 4 TOKYO Japan's Sanyo Electric Co Ltd plans to boost refrigerator output at its affiliate in Thailand by 50 per cent over the next three years to meet soaring demand, a company spokesman said last Friday. The affiliate, Sanyo Universal Co Ltd, plans to raise
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      • Article
        Telecom NZ listing on Thursday
        107 4 WELLINGTON Telecom Corp of New Zealand Ltd is expected to list in New Zealand on Thursday morning at the same time as its listing in New York tomorrow, a spokeswoman for lead manager Fay Richwhite Co Ltd said. "We are still looking towards announcing the
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      • Article
        Marubeni opens Hanoi office
        59 4 HANOI Japanese trading group Marubeni has opened a permanent office in Hanoi, the official Vietnam News Agency said last Friday. The office, opened last Thursday, follows one established by Marubeni in Ho Chi Minh City. The group deals with Vietnam in oil, coal, coffee and other
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    • Article, Illustration
      Pacific Concord to grow through Chinese market
      633 4  -  By Quak Hiang Whai SINGAPORE Mr Wong Sai Chung has a dream. The chairman of Hongkong-listed Pacific Concord plans to transform the diversified group, which already has a strong foothold in the Chinese retail market, into a truly international corporation. And the engine
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    • Article
      Lock icon Japanese firms, IFC to tender for Viet oil project
      185 4 AFP TOKYO Three leading Japanese trading firms and the International Finance Corp (IFC) will jointly tender for a contract to construct oil refinery facilities in Vietnam, a leading economic journal reported last Sunday. French and Dutch consortia are also expected to
      AFP  -  185 words
    • Article
      Thailand's Tanayong wants more Rajdamri Hotel shares
      288 4 BANGKOK Tanayong Co of Thailand has been holding talks with other major shareholders of Rajdamri Hotel Co, which operates the Regent Hotel, in a bid to acquire further shares in the hotel, the Bangkok Post reported late last week. Tanayong managing director Keeree
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    • Article
      Lock icon Two consortiums seeking to buy Aussat
      272 4 UPI CANBERRA Two consortiums, one involving the Bellsouth Corporation, USA, and Britain's Cable Wireless, the other involving Ameritech Corporation, Bell Atlantic (US) and Hutchison Whampoa (Hongkong) have lodged expressions of interest in buying Australia's international communications carrier, Aussat. A Ministry for Communications spokesman said
      UPI  -  272 words
    • Article
      Lock icon Pacific Dunlop bids for Petersville
      165 4 AFP SYDNEY Australian manufacturer Pacific Dunlop yesterday launched a A 5374 million (Ss4B6 million) takeover bid for food group Petersville Sleigh, its first attempt to expand into food processing. Pacific Dunlop, Australia's 11th largest company by market capitalisation, said in a statement it would offer
      AFP  -  165 words
    • Article
      Lock icon Shenzhen bourse at odds with Beijing
      640 4 Govt doesn't know what to make of us, says broker Reuter SHENZHEN, China China's second major stock exchange opened this month with champagne toasts and a flood of congratulatory flowers. But one bouquet from the communist leadership in Beijing was missing. "The government doesn't
      Reuter  -  640 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      78 4 WELD WHY DIDNT SOMEONE #>* A V *-.< 3* They are imaginative and original. This is haute cuisine unlike any other to be found in Singapore. SINGAPORE'S 100 BEST RESTAURANTS /TATLER GQQG L U— Tatler* was no exception. Everyone who Truffles, raves: About the original cuisine created by 2-star Michelin
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      Page 4 Advertisements Column 2
      28 4 HENDERSON INDUSTRIAL PARK TERRACE FACTORY W ifffg Iff gHHj SOi: W M JjSeE <5 in I -2 Units £left HONG FOK REALTY PTE. LTD. Fax: *****37 Tel: *****55
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon My money is clean, I want my job back, says ex-MGM chief
      413 5 AP PARIS Ousted MGM chairman Giancarlo Parretti declared in an interview last Saturday that he wants his job back and that the money he used to buy the Hollywood film studio did not come from organised crime. "My
      AP  -  413 words
    • Article
      Lock icon LTV faces battles over further exclusivity period
      445 5 Reuter NEW YORK LTV Corp, -which is entering its sixth ,year in bankruptcy, faces a string of battles with creditors this week in court when ,it requests another extension of its exclusivity period. The bankruptcy court has already given LTV 16 extensions, but
      Reuter  -  445 words
    • Article
      Lock icon Northern Telecom seen posting strong second-quarter
      279 5 Reuter TORONTO Northern Telecom Ltd's second-quarter earnings may not show the spectacular growth that investors are accustomed to, but the telecommunications equipment maker is still expected to produce strong results, industry analysts said. Their earnings forecasts range from unchanged from the 37 Canadian cents
      Reuter  -  279 words
    • Article
      Lock icon BP sees flat or lower oil production costs
      283 5 Reuter LONDON British Petroleum Co said it would keep its oil production costs flat or cut them by some 50 US cents (550.875) a barrel, giving significant cost savings, share analysts said. They said that in a generally upbeat presentation last Friday,
      Reuter  -  283 words
    • COMPANY BRIEFS
      • Article
        Two property firms in Britain plan to merge
        87 5 LONDON Rosehaugh pic and Stanhope Properties pic are planning a full-scale merger, in a move which will form Britain's second largest property company, British Sunday newspapers said. Officials from the property and investment groups were not available for comment. The press reports
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      • Article
        Polygram to buy Philips plants
        84 5 AMSTERDAM Polygram NV, the 80 per cent owned music publishing company of Philips Electronics NV, said it agreed to buy two compact disc (CD) manufacturing plants from Philips for about US$lOO million (S$ 176 million). The acquisition is intended to be financed from available funds.
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      • Article
        Nixdorf expected to incur loss
        57 5 HAMBURG, Germany Computer maker Nixdorf Informations Systeme AG (SNI) is likely to report a loss of more than 500 million marks in the current business year ending Sep 30, Der Spiegel news magazine said. It said SNl's problem was particularly serious in foreign countries, where
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      • Article
        Barkman halts payments
        72 5 STOCKHOLM Swedish investment firm Barkman A Co AB, owned by financier Sven-Olof Johansson, has cancelled its payments because of demands of a repayment of a 230-million crown debt. Barkman said in a statement an executor had been appointed in order to find a solution. The debt is
        72 words
      • Article
        Publisher EMAP seeks titles
        49 5 LONDON Publisher EMAP pic said last Friday it was applying to the UK government for permission to transfer to it newspaper titles currently owned by Southern Newspapers pic. The EMAP move follows similar applications by Reed International pic, Pearson pic and Trinity International Holdings pic.
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      • Article
        CPC's profit projection at risk
        68 5 NEW YORK CPC International Inc reiterated last week that it is less certain about its forecast that 1991 profits will post a double-digit increase over 1990. CPC told major food industry security analysts that it still hopes to post a double-digit increase in 1991 earnings,
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      174 5 WHO FLIES STRAIGHT TO BANGKOK FROM SINGAPORE MORE THAN ANY OTHER AIRLINE? THAI. YOU CAN DEPEND ON US. Thai tlies to Bangkok from Singapore no fewer than Like Thai's buttoned-down approach to maintenance in Bangkok enjoyed their (light so much they wished it 38 times each week In fact, every
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        ECICS sets up new wholly-owned unit
        81 6 SINGAPORE THE Export Credit Insurance Corporation of Singapore Ltd has incorporated a new wholly-owned subsidiary, ECICS Pte Ltd, which took over its retail credit insurance business from July 1. The subsidiary has an authorised capital of $100 million, of which $50 million is paid
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      • Article
        State set to seize Mutual Benefit
        89 6 NEW YORK Seeking to prevent the largest life insurance failure to date. New Jersey officials said last Friday that they were preparing to seize control of Mutual Benefit Life Insurance Co of Newark. Mutual Benefit, the nation's 18th largest life insurer, with US$l3.5 billion
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      • Article
        Tokyo margin trading rates fall
        90 6 TOKYO The Tokyo Stock Exchange (TSE) and all seven other stock exchanges in Japan will lower interest rates on margin trading by 0.55 percentage point effective today, an exchange official said. The change is a response to lower market rates. The rate for margin-buyers will
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      • Article
        Big losses at Midland Bank arm
        102 6 LONDON A trade finance arm of Midland Bank pic ran up losses of £75 million over 10 years, in part because of fraud at a customer linked to a subsidiary, the Financial Times newspaper reported yesterday. The subsidiary, Midland International Trade Services (MITS), also
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      • Article
        New Sumitomo Bank unit in HK
        65 6 TOKYO A UK unit of Sumitomo Bank Ltd, will set up a new branch in Hongkong to engage in interest and currency swap trade from September, a spokesman said yesterday. The setting up of a branch of London unit SBCM (UK) Ltd will make
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      • Article
        Pierson's HK unit sacks four
        70 6 HONGKONG Pierson Securities (Asia) Ltd, controlled by Dutch merchant bank Pierson, Heldring and Pierson NV (PHP), has sacked its managing director and three account executives, the brokerage said in a statement last Saturday. It said it had dismissed the four after company enquiries showed they
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    • Article
      Lock icon Taipei looks set to loosen tight monetary policy
      354 6 Reuter TAIPEI A moderate rediscount rate cut by the central bank last week, the first readjustment in nearly two years, is a signal that Taiwan could loosen its current tight monetary policy, bankers said. On Saturday the central bank announced a 0.375
      Reuter  -  354 words
    • Article, Illustration
      Lock icon Federconsorzi debts: banks may sue
      419 6 Reuter MILAN Foreign banks who lent money to Federconsorzi, the Italian agricultural holding that collapsed with over five trillion lire in debts, may file a lawsuit to get their money back. A statement by the steering committee, which represents 46 foreign lenders who met in
      Reuter  -  419 words
    • Article
      Some outlets in Laos, Mongolia accept Visa card
      248 6  -  By Kooi Cho Teng VISA card holders can now use their cards at certain outlets in Laos and Mongolia, such as hotels, airline agencies and tourist shops. This agency agreement for merchant acquisition was arranged by Banque Francaise du Commerce Exterieur (BFCE)
      248 words
    • Article
      Lock icon Commonwealth Bank float well-supported
      264 6 Reuter SYDNEY The A 51.29 billion public float of the government-owned Commonwealth Bank has received strong support from institutions and stockbrokers who have committed to underwrite the issue, the sponsoring broker said. "The institutions have committed themselves to up to 55 per cent of the issue,
      Reuter  -  264 words
    • Article
      Lock icon UK financial companies see further business drop: survey
      291 6 Reuter LONDON British financial service companies expect a further decline in business over the next three months as a recession continues to squeeze domestic demand, the Confederation of British Industry (CBI) said yesterday. The CBI, releasing the results of a new quarterly
      Reuter  -  291 words
    • Article
      Lock icon Sub-continent worst hit in Asia
      889 6 The BCCI crisis AFP HONGKONG BCCI's woes are squeezing individuals and businesses alike in Asia, particularly in the subcontinent where the scandal threatens to spill over into politics. "We don't have much more money left," said a frustrated depositor in this British colony on Sunday
      AFP  -  889 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
      322 6 SINGAPORE Q INSTITUTE OF 1 MANAGEMENT I I Setting and Implementing Management Goals I I and Objectives I August 26 27,1991 SS6BO SIM members/SS79O non-members I If you want to be certain that your company is heading towards greater profits, you will want a proven-in-action method of planning, implementing and
      322 words
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  • THE REGION
    • Article
      NZ inflation falls to lowest level in 25 years
      426 7 Interest rates, currency set to follow downtrend SINGAPORE New Zealand's inflation rate has fallen to its lowest level in 25 years, indicating that both the country's interest rates and currency could fall even further. This is bad news for investors with
      426 words
    • Article
      E Asian economic integration likely to be difficult: OUB
      268 7 SINGAPORE East Asian economic integration is likely to be a difficult process in spite of encouraging signs in recent years although regional growth will continue to be high, says a report by Overseas Union Bank. The bank's latest Financial Review, which
      268 words
    • NOTE BOOK
      • Article
        Spratly rivals discuss S China Sea cooperation
        111 7 BANDUNG Ten Asian countries began their first talks in this Indonesian city yesterday to establish ways of cooperation in the South China Sea in spite of conflicting sovereignty claims over the Spratly Islands. Indonesian Foreign Minister Ali Alatas, who opened the informal gathering,
        111 words
      • Article
        Shift in HK job trends
        98 7 HONGKONG Employment in Hongkong's manufacturing sector fell 8.9 per cent in March against the same month last year. The Census and Statistics Department said yesterday that the latest figures showed the shift from manufacturing to the service sector was continuing. Employment in wholesale, import and
        98 words
      • Article
        Aussie retail sales up in May
        62 7 CANBERRA Australian retail sales rose 3.1 per cent in May to a seasonally adjusted A 57.58 billion (5510.23 billion) after falling 2.9 per cent to A 57.35 billion in April. The country's Statistics Bureau said yesterday that this compared with May 1990 when retail
        62 words
      • Article
        Drought hits Laos' rice crop
        83 7 BANGKOK Drought in Laos is damaging this year's rice crop, according to official reports from the Laotian capital, Vientiane. "This year's monsoon rice cultivation has been facing numerous difficulties due to insufficient rainfall from the beginning of the production season," said a transcript of a
        83 words
      • Article
        Myanmar's new rebel leader
        58 7 BANGKOK Myanmar's anti-Yangon rebel umbrella organisation, the National Democratic Front, has chosen New Mon State leader Nai Swe Kyin as its new chairman. Thai border sources said last Sunday that Nai Swe Khin was appointed at a meeting from June 24 to July 9 in Manerplaw,
        58 words
      • Article
        Drug chieftain dies
        75 7 BANGKOK The president of the political wing of a private army run by drug warlord Khun Sa in the remote Golden Triangle opium-growing region has died, creating a debate over who should succeed him. Mo Heng died of throat cancer in the northern Thai city of Chiangmai
        75 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      347 7 For Those Who Have Arrived. Royal Forge. Tli y (>° TToMN 1 I I ITT 1 Royal Forge is world-renowned for its hand-somely-forged gates and fencing, railings and bal- T uster. These take pride of place in distinguished I homes and residences, including Singapore's luxu- r rious Ardmore Park Apartments
      347 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon New rules to boost competition in Japan
      579 8 Regulations attack system where firms hold each other's stocks NYT TOKYO Under pressure from the US, the Japanese government has published new regulations prohibiting companies from fixing prices, driving competitors out of the market and blocking certain types of imports, in what could
      NYT  -  579 words
    • Article
      Lock icon Seoul, Taipei want better trade deal from Tokyo
      394 8 Reuter TOKYO South Korea and Taiwan want a better deal from Japan as trading partners and as neighbours to Asia's largest and most powerful economy. Tokyo's third and fourth largest export markets after the US and Germany, South Korea and Taiwan expect
      Reuter  -  394 words
    • Article
      Lock icon Pakistan to slow down privatisation of state firms
      279 8 Reuter ISLAMABAD The Pakistani government is to slow down the privatisation of state-run industries amid a lack of interest from buyers. But Commerce Minister Mohammad Naeem Khan said on Sunday that the delay, aimed at achieving better results, would not be very
      Reuter  -  279 words
    • WORLD WATCH
      • Article
        One issue unresolved in US-Soviet arms talks
        133 8 WASHINGTON US Secretary of State James Baker and Soviet Foreign Minister Alexander Bessmertnykh announced last Sunday that they have reached agreement on all but one issue concerning a strategic nuclear arms treaty after four days of marathon negotiations. The final issue will be
        133 words
      • Article
        Hainan industrial output up
        79 8 HONGKONG The value of industrial output in China's southern Hainan province totalled 2.36 billion yuan in the first half of this year, a 15.37 per cent rise from the same period last year. The Beijing-funded China News Service reported yesterday that output value of light industries
        79 words
      • Article
        Inter-Korean trade soars
        59 8 SEOUL Indirect trade between North and South Korea soared by more than 12 times in the first half of this year. Unification Ministry officials said yesterday. Bilateral trade between the two Koreas, made through third countries, totalled US$B6 million (S$ 150.5 million) in the first sixth months
        59 words
      • Article
        Bonn weighing financing plan
        51 8 BONN Bonn is considering private financing of constructions of the government buildings in Berlin. Quoting government sources, the Augsburger Allgemeinen newspaper said last Sunday that such a move would not only ease constraints on the federal budget but also allow quicker financing. No official comment was
        51 words
      • Article
        IMF warns Israel over loans
        65 8 JERUSALEM The International Monetary Fund has warned Israel against borrowing to finance immigration until it is clear that arriving Soviet Jews will trigger strong economic growth. The advice from a visiting IMF team last Sunday runs contrary to government plans for a controversial request to
        65 words
    • Article, Illustration
      Lock icon Soviet plan vague, say UK and Canadian PMs
      525 9 Group of Seven Economic Summit Reuter LONDON The British and Canadian prime ministers made clear last Sunday that Soviet reform plans put to the Group of Seven richest countries are vague and are unlikely to prompt a quick i material response. British
      Reuter  -  525 words
    • Article, Illustration
      Lock icon No 'Grand Bargain' in store for Gorbachev
      409 9 AP LONDON In the beginning, there was talk of a "Grand Bargain" to provide billions of dollars in Western assistance to the collapsing Soviet economy. But what summit leaders actually offer Soviet President Mikhail Gorbachev is likely to be far less grandiose In
      AP  -  409 words
    • Article
      Lock icon Moscow must face up to task of reform: economist
      279 9 Reuter LONDON Western leaders should give Soviet President Mikhail Gorbachev a clear signal of their support at this week's G-7 summit but the onus for economic reform must lie squarely with Moscow, says a top Soviet economist. Leonid Abalkin, director of
      Reuter  -  279 words
    • Article
      Lock icon Kuwait to borrow S$58b abroad to finance rebuilding
      264 9 Reuter KUWAIT The Emir of Kuwait has given his government the green light to seek 10 billion dinars (SssB billion) in foreign borrowing to finance post-Gulf war reconstruction and other costs. A decree by the Emir, Sheikh Jaber al-Ahmed alSabah, published in
      Reuter  -  264 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      114 8 THE BEST BUSINESS CLASS TO EUROPE CUTS OUT THE MIDDLE-MAN row of three-or even more on some airlines. We've eliminated that possibility on our new MD-11 service to I fSPW| Europe entirely. Our new Business Class seat configuration is I 1 j TJSJ .J$W Mil?- M? WR 2x2x2 throughout. So
      114 words
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  • Page 9 Advertisements
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      157 9 T l-ME GLOBE A Landmark in Design Functional Technology 1 'U:r f r ,S^-. *>£& IL, i I 1 v f]_ I<> M> sJrjh-KKdlly l(K.iUf) .it the intersection ol < P( il Strift .ind Hoon T.il Street. is a short wjlk to the 1 —I —Rattles Pla( eand Shorrton Way
      157 words
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      Page 9 Advertisements Column 2
      112 9 Kv "a*** KPK9 f In the heart of Shanghai's business NEW HEIGHTS OF EXCELLENCE 1 Excellent restaurants and bars district stands the Shanghai JC 21 Fluent En g lishs P eakin B staff Mandarin. Chosen one of the top St~ I Same day laundry three hotels in by Nikkei -I
      112 words
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  • Article
    Defanging the Dracula
    476 10 EDITORIAL THE ALLIES are raising the ante once again as they press Iraq to comply with UN Resolutions requiring it to destroy its secret nuclear weapon-building programme. The commitment of the French President, Mr Francois Mitterrand, to join any US-led effort to defang Iraq's nuclear capabilities shows
    476 words
  • WHAT THE OTHERS SAY
    • Article
      No again to the PLO
      338 10 THE Palestine Liberation Organisation (PLO) is floundering. Its loss of its bases in south Lebanon is another nail in the coffin for those PLO leaders who think that they can win an independent Palestinian state through military means. However, the PLO's defeat does not necessarily
      338 words
    • Article
      Mid-East arms control
      100 10 THE Gulf War has given the world a bitter lesson: that it is too costly to let the region get involved in an arms race, especially the acquisition of nuclear capability. The only possible solution is to ban arms sales to the region. But in the long
      100 words
    • Article
      Way to open university
      88 10 HAVING an open university has its symbolic significance. It symbolises that our society has entered a mature phase. Can we, like people in developed nations, be more mature in viewing university education? What else do we learn besides picking up a specialised skill and getting a
      88 words
  • REGIONAL VIEWPOINTS
    • Article
      Rationalising energy use
      195 10 THE 17.7 per cent average increase in fuel prices and 20 per cent rise in electricity tariffs will certainly have a far-reaching impact on the costs of production of almost all goods and services. But since the measure had been prepared by the government and had been
      195 words
    • Article
      Still a guiding light
      171 10 ONE OF Asia's leading politicians was selected this week as a symbol of hope. The European Parliament's selection of Burma's Aung San Suu Kyi as the recipient of its human rights prize was doubly emphasised. Aung San Suu Kyi herself was unable to attend the ceremony
      171 words
    • Article
      Passing on the loaded buck
      162 10 CONSUMERS of motor insurance were told by the Persatuan Insurans Am Malaysian (PIAM) that since "loadings on premiums... remain the prerogative (or exclusive privilege) of individual companies," consumers should survey the market in order to get the best terms offered for their money's worth. If
      162 words
  • Article, Illustration
    Lock icon Mistakes of the war
    800 10  -  A M Rosenthal points out some major boo-boos the Allied forces, especially President Bush and the US, made in dealing with Saddam A M Rosenthal NYT IMAGINE! Saddam Hussein actually has been lying about how much nuclear material he has stashed away. Massive, injured astonishment seizes
    NYT  -  800 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      88 10 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      42 10 DOONESBURY BY GARRY TRUDEAU MIK& JUST not ~isb€ 1 wen, Ht's GOT A COULD YOU HOLD ALL ON THE. OTHER HMGtLf ANYMORE, STILL LOOK- M MILLION P&AJM&b ffl CALLS 7 TODAY HAND Ht'S NOUJ UJ6LL «£*«***> fh —i ft jD f ii 1
      42 words
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  • ANALYSIS
    • Article
      Business suffers as Canberra-KL rift worsens
      1177 11  -  Various efforts are under way to improve the stormy relationship between Australia and Malaysia. BT's Sydney correspondent, Florence Chong, reports Florence Chong KEY Australian businessmen plan to meet their counterparts in Kuala Lumpur later this month in a special meeting to discuss the implications
      1,177 words
    • Article, Illustration
      The blowing of a more liberal wind
      942 11  -  Maggie Ford finds the Indonesian Parliament a tougher place for ministers now, as the electorate becomes increasingly aware Maggie Ford The writer is a Jakarta-based journalist who contributes regularly to RT POLITICAL activity in Indonesia's Parliament, long a rubber stamp body, is proceeding
      942 words
    • Article
      Lock icon S Africa rejoining the world, but drifting apart at home
      646 11 Reuter AS South Africa emerges from its apartheid quarantine to rejoin the world, divisions at home seem only to widen. A dialogue of the deaf rages between white and black, white and white and black and black while the nation
      Reuter  -  646 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      65 11 LEITZ iSBL Ml fl 2425 UM g H9 g~-- !hm IHBHP IDI —> '^PPPi The Leitz Ambiente Grey Leitz is known worldwide for office filing equipment and supplies. Its Ambiente Grey range will equip any office with that stamp of success and efficiency. Available from leading office stationery suppliers. J?j
      65 words
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      Page 12 Advertisements Column 1
      95 12 Yearns Mliit tHEinp. Siiii) tiipirs a hold Mill. Wearnes Technology takes the lead again. With three new wmmmm computers that stand bold and proud. The Boldline 386 SX2S, y 386 SX 25 -ntr 2 the i486 SX2O and the 386 DX-40ET. To set the course for will be PacifiComp the
      95 words
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      234 13 I Wishing PaciiiComp A Bold Success. I ADS SYSTEMS (PTE) LIMITED ADS DATA SYSTEM PTE LTD AUTOMATED SYSTEMS (PTE) LTD 232 Upper Bukit Timah Road #04-07 C 203 Henderson Road #12-07/14 Bukit Timah Industrial Complex Singapore 2158 Henderson Industrial Park Singapore 0315 Tel: 467 0385 Fax: 468 8251 Tel: 278
      234 words
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Notebooks steal the limelight
      600 14  -  Has the laptop gone the way of the dinosaur? Well, yes and no. Carolyn Lim reports. Carolyn Lim Notebooks were everywhere but there were few, if any laptops to be seen at the recent PC Show '91. It seemed as if the laptops had gone "obsolete",
      600 words
    • Article
      Lock icon Scientists at Alaska take pulse of the Earth
      347 14 AP GEOPHYSICISTS at the Alaska Tsunami Warning Center don't flinch when earthquakes rattle the walls. In the heart of earthquake country, they put their fingers on Earth's occasionally violent pulse and go to work. The centre's seismometers and computer programs record earthquakes
      AP  -  347 words
    • Article
      Lock icon How to water your plants while you are away
      189 14 NYT GOING on vacation for a month need not mean finding plant sitters or coming home to a dead ficus. according to Driwater Inc. The company, based in Sebastopol, California, has developed a time-release water product meant for home use. Driwater
      NYT  -  189 words
    • TECH TAKES
      • Article
        AT&T unveils new cordless phone
        62 14 AT&T has launched a new cordless telephone model, the HT 5450 manufactured in Singapore. It packs a host of telecommunications features in its streamlined framework. HT 5450, distributed by Dorema Distribution, has a 10-channel Autoselect feature which automatically searches and selects the clearest channel. It
        62 words
      • Article
        Lock icon Top Compaq official retires
        70 14 Reuter HOUSTON Compaq Computer Corp said Michael Swavely, formerly president of North America for the company, had decided to retire from Compaq. Mr Swavely, 37, will not be replaced. Compaq has already reshuffled existing management positions. Mr Swavely, who had been on a personal sabbatical since
        Reuter  -  70 words
      • Article
        NCR, Oracle in joint venture
        87 14 OHIO-based NCR Corporation has entered into an agreement with California's Oracle Corporation to jointly market Oracle financials. a comprehensive financial management, accounting and human resource system. It is initially targeted at Australia. New Zealand. Canada, Hongkong. Malaysia and Singapore. Market demand will decide whether joint
        87 words
    • Article, Illustration
      The silicon brain — going beyond science fiction
      939 15  - The silicon brain going beyond science fiction A local joint venture, whose radically new technology has landed it a $100 million contract, recently gave BT an exclusive peek behind its Science Park doors. Kenneth James emerged dazzled, and it wasn't only the sunlight. Kenneth James Australian inventor A J (Tony)
      939 words
    • Article
      Lock icon Bloodsuckers may turn out to be life-savers
      422 15 AP SALIVA taken from bloodsuckers like vampire bats and leeches could help develop new "blood clot-busting" drugs to fight heart attacks, researchers said. Creatures that require a diet of fresh blood secrete substances that prevent blood clotting and can be used to dissolve
      AP  -  422 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      373 14 is proud to introduce the birth of a new PS/2. It has full-size features and full-size power, yet it weighs in at just 3.5 kilograms. If you're on the road a lot, or if you simply that doesn't K desk, the IBM PiS/2 Laptop Model L4OSX is BH| m for
      373 words
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      159 15 SIEMENS Training—to upgrade your skills in industrial automation Applying the right type of advanced automation equipment to industrial manufacturing processes will many production yields, consistently high product quality, less down-time through immediate 4 an productivity, efficiency and 1 As one r v J I suppliers users BJI B automation systems,
      159 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Father of modern Malaysia
      1021 16 With 10 years and a booming Malaysian economy behind him, Dr Mahathir Mohamad is well entrenched in his premiership AFP Reuter Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad completed a decade in office yesterday, entrenched in the premiership as Malaysians revel in their country's strongest
      AFP; Reuter  -  1,021 words
    • Article, Illustration
      Lock icon Dissecting sexism in US medical schools
      1429 17  -  While sexism is apparently commonplace at medical schools in the United States, it did not receive wide public attention until the resignation of a prominent surgeon at Stanford Medical School. Jane Gross reports Jane Gross NYT THE resignation of a pioneering female neurosurgeon after
      NYT  -  1,429 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      59 16 M 'for IM, good ardMtKton isn't jifit fwKtmMl. H'l rtspMsiv* to Hung tfcot Mis Mntayuan-bora, nVH Kyi wF I2f f vj IF \H 1 Vv >d Austrohon-troined ster hiloct Jimmy MosterCor&Hflth over 150 million cords honoured by over eig|j^^g I *k« widely occoptod i— I ffhrts you eosy occisi to
      59 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      44 17 1 ilyte <* v r r MMm wf The Swiss are perfectipnists about accuracy. With Eberhard h |s^Tn obsession. N *^v; r *<„ S '*lS^W\ r performance above nil else. kberhard. Ihe name vv. Inch others Inllow Eberhaß2(O N'av\ Master Collection s ,IM,k 51,,( C IHH?
      44 words
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  • Page 18 Advertisements
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      226 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonva desserts from 6.00pm to 10.00pm daily. A MEMBER OF
      226 words
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      Page 18 Advertisements Column 2
      299 18 DIAN XIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Oan Xin. From our creative A la Carte menu, treat yourself to all the Oan Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am 2:3opm for lunch, and 6:3opm —10
      299 words
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      Page 18 Advertisements Column 3
      238 18 DOUBLE CELEBRATION (3-31 JULY) At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Double Celebration Giveaways: A $10 Metro Plaza shopping voucher for every $50 spent at Cafe Plaza. A 20% discount
      238 words
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      Page 18 Advertisements Column 4
      273 18 ■l B K" J*M Tlul'i our prediction for you when you step into the Kufaah u live bands take you down memory lane with golden hits and evergreen! Every night is nostalgia night You'll be mesmerized V»-J" -B- >«•«/ 51nr r<M Wi»</^ Kmratiu —-Sww4ev tm TbursJmy, frmm 7pm Ijm iiicktMM
      273 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      769 18 TELEVISION AND RADIO XT' 1 SBCI2 555 ?£U A R,dC Wi,h Bump EST"- Sacmah BUSINESS OH RADIO FOr Dflby S S3.KO asr I—™1—™ a rSr?2 ,-oa^ 7.00 PM CNN International (L). (Cartoon). innn LLA 5.30pm, 3.25 am: Financial News ■HHHRF' m f"- f rt <G ame U MS» Business Matter,
      769 words
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  • LIFESTYLE
    • Article
      Lock icon A harder-hitting Punch?
      680 19  -  Mary-Ellen Barker on the reviving of one of Britain's most famous satirical magazines Mary-Ellen Barker Reuter PUNCH, the weekly satirical magazine as British as bulldogs and bowler hats, is struggling to survive after 150 years as a national fixture. The magazine celebrates its birthday this month in
      Reuter  -  680 words
    • Article, Illustration
      Lock icon Lea Salonga looking ahead at life after Miss Saigon
      867 19  -  She wasn't born into it. But, to paraphrase a great man of letters, Lea Salonga, known by most as the lead actress in Miss Saigon has had fame thrust upon her. And she is, says Carrie Figdor, bearing up admirably under
      AP  -  867 words
    • Article, Illustration
      Havel is making himself at home
      502 19 CHATTERBOX VACLAV HAVEL, the dissident playwright who became president of Czechoslovakia after the Velvet Revolution of 1989, used to pride himself on scruffy sweaters and corduroy pants; his staff was fond of blue jeans and work shirts. In Prague nowadays, says the latest issue
      502 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      247 19 AND ENTEBTAIN Seafood Bayou It's a marine bonanza with delicate seafood choices at the Hubertus Grill From 1 to 20 July 1991. Reel in seafood appetizers such as Ravioli of Crabmeat with Basil Sabayon. Scoup a "netful" of soups with Consomme of Smoked Salmon. Prize catches are our main courses
      247 words
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      Page 19 Advertisements Column 2
      126 19 Cool and cold culinary temptations to seduce your summer palate including Cold Crab "Teochew" Style, Fresh Asparagus on Ice, China China Drunken Chicken, Rainbow Cold Dish Combination and many more. Prices from $B.oo+ You don'l have to be a member to enjoy fine dining 'A CHINA CHINA RESTAURANT MARINA BAY
      126 words
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  • SPORTS
    • SIDE LINES
      • Article
        Strange makes his mark at Skins Game
        119 20 MARBELLA. Spain Curtis Strange holed out twice with a new sand wedge on Sunday and won U*****,000 at the first > European Skins Game. Mark Calcavecchia was second with US$B5,OOO, followed by Bernhard Langer of Germany U5575,000 and John Bland of South Africa
        119 words
      • Article
        Chalupa strikes gold
        104 20 LUCERNE, Switzerland Czechoslovakia's Vaclav Chalupa won the men's singles sculls event at the Rosee International Rowing Regatta on Sunday, clinching the World Cup title in the event. Chalupa finished 15 points ahead ol his nearest rival, Harald Faderbauer of Austria. Canada's Silken Laumann placed second in the
        104 words
      • Article
        Champions Cup Cricket
        52 20 DUBAI, United Arab Emirates India, Pakistan and the West Indies will participate in the Champions Cup C ricket tournament in Sharjah from Oct 17-25. The three-team tournament will include seven matches with a 45-overs-a-side format, according to Zahid Shiraz, marketing director for the organisers, the Cricketers' Benefit
        52 words
      • Article
        Gustafsson triumphs
        89 20 BASTAD, Sweden Second-seeded Magnus Gustalsson ot Sweden routed Alberto Mancini ot Argentina 6-1, 6-2 in less than an hour on Sunday to win the Swedish Open men's tennis championship. It was the second ATP Tour title for the 24-year-old Swede, who also won a clay-court tournament two months
        89 words
      • Article
        Rahal finally makes it
        91 20 EAST RUTHERFORD. New Jersey Bobby Rahal finally found the victory that had eluded him for the past two years, running away with Sunday's Marlboro Grand Prix. Rahal, who previously won here in 1987 and 1989, won for the hrst time since that second triumph at the
        91 words
    • Article, Illustration
      Lock icon Mansell all smiles after winning British GP
      467 20 Reuter SILVERSTONE, England Nigel Mansell ran away with the British Grand Prix on Sunday, made a rare gesture of friendship to arch-rival Ayrton Senna and then said he had no "special announcements" to make. To those who could remember the Briton's sombre mood
      Reuter  -  467 words
    • Article
      Lock icon Ziegler ends victory drought in record-breaking style
      345 20 AP NEWPORT. Rhodes Island Larry Ziegler ended a 15year victory drought with a record-breaking 6-stroke win at the U*****,000 Newport Seniors Cup on Sunday. Ziegler, 51, fired a finalround 5-under-par 67 and his 17-under 199 broke the 54hole tournament record by one stroke.
      AP  -  345 words
    • Article
      Lock icon Fleisher beats Baker-Finch in sudden death
      259 20 AFP SUTTON, Massachusetts Bruce Fleisher holed a 50foot birdie putt on the seventh extra hole on Sunday to beat Australia's lan BakerFinch and win the New England Classic. Fleisher, who left the US PGA Tour for seven years to pursue a career as a
      AFP  -  259 words
    • Article, Illustration
      Lock icon Mallon charges to victory in US Open
      524 20 AFP FORT WORTH. Texas Meg Mallon, a non-winner before this year, captured her < second major title in three weeks on Sunday when she shot a four-under-par 67 to < win the US Women's Open. < Mallon. who on June 30 I won
      AFP  -  524 words
    • Article
      Lock icon Marsh lines up return to Lancashire links
      328 20 AFP UPI BIRKDALE, England Australian veteran Graham Marsh, joint fourth the last time the British Open was held here eight years ago. lined up a return to the Lancashire links on Sunday. Marsh, who equalled the course record of 64 in 1983, had
      AFP; UPI  -  328 words
    • Article
      Lock icon LeMond maintains lead
      303 20 Tour de France AP RENNES, France Greg LeMond of the United States held on to the lead of the Tour de France for the second straight day on Sunday as the prestigious cycling race neared its midway point. LeMond, who retook the yellow jersey in Saturday's individual
      AP  -  303 words
    • Article
      Lock icon Typhoons threaten Pacific crossing
      308 20 AFP TOKYO French adventurer Gerard d'Aboville. facing the onset of the typhoon season, is negotiating the most dangerous stage of his five-month bid to make the first solo crossing of the Pacific Ocean in a rowboat. He set off last Thursday from Choshi, a coastal town
      AFP  -  308 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking and lack of interest trim prices
      4949 21  -  By William Chia SHARE PRICES on the Singapore stock market closed lower yesterday on profit-taking and lack of fresh buying interest. The key Straits Times Industrials Index lost 4.91 points to 1,463.84. while the Business Times-Morgan Grenfell Asia Index fell 2.33 points to
      4,949 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4038 22 Main Board SI A Foreign 1920 +20 +1.1% DBS Foreign 1300 20 +16% SPH Foreign 1260 +20 +1.6% Jurong Ship 50* 890 +10 +1.1% Keppel Corpn 765 +10 +1.3% FFLS 50* 695 +10 +1.5% C Properties 660 +10 +1.5% Semb Shipyard 640 +10 +1.6% C&C
    4,038 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices slip as investors retreat to the sidelines
      4201 23 Bernama SHARE PRICES in Kuala Lumpur ended generally easier yesterday as investors retreated to the sidelines on lack of fresh leads and buying interest. The KLSE Composite Index fell 4.35 points to 594.25 while the Industrial Index added 0.40 of a point
      Bernama  -  4,201 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      89 23 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS m Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      486 24 Company Data Year Croup Not Not earnings Gross ann to profit/loss (L) por share dividend ('000) (coots) M leong Fin Jul 12 Dec 90 {36.762(134.858) 164(15 5a) 10(9 la) Hind Hotels Jul 12 Dec 90 $3,831 ($1,240) 58(1 9) S Finance Jul 12 Dec 90 $11.913($6,324) 18 1(96)
      486 words
    • Article
      PRELIMINARY RESULTS
      248 24 Company Date Year Group pro-tax Not earnings Gross anii to profit/loss (L) per share dividend ('000) (coots) Johan Hldgs Jul 10 Jan 91 M19.660L($6,498) 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(—) MC8 Hldgs Jul 1 Mar 91
      248 words
    • Article
      DIVIDENDS ANNOUNCED
      721 24 Current Ex Books Date Total tor Total for payment date dose payable the year last year Amcol 25c 10% Jul 5 Jul 17 Jul 31 10% 10% AMFP NYA(e) Jun 19 Jul 4 Au« 15 NYA 2 8c JUti rtdp 50c 61(b) Sep 4 Sep 16 Sep 30
      721 words
    • Article
      INTERIM RESULTS
      199 24 Company Date HaW-yaar Croup pro-tax Intarim ann to profit/loss (L) dividend COOO) C Properties Jul 11 Jun 91 S5.029(J2.867) 20(20) Ganda Hldgs Jun 25 Mar 91 M$554l ($3,2371) \s* Pacific Jun 21 Mar 91 $59.214($48,108) 14 5(154) FSN Jun 21 Mar 91 $89,232(175,678) 9 2(9.2) Avimo Jun 14
      199 words
    • Article
      CORPORATE DEVELOPMENTS
      602 24 Jul 13 Planning approvals for two large residential protects have been given to Lum Chang Holdings and Fist Capital Corpn to develop their Toh Tuck Road and Tampmes sites, respectively. Jul 12 Prima Ltd has gone into partnership with Aeroflot Soviet Airlines to set up a chain of
      602 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1067 24 Mm as at 15.07.91 Conversion terms Premium/ Expiry 1 -i (discount) "I I Amount I Optional" using issued Company (mil Wrts Share Loan Con* Exer LnstK Cash Cash Loan Gearing Date Mths units) ttocK ratio price nom Sth 2 Left value S S I Burwill 115
      1,067 words
    • Article
      RESULTS DUE
      627 24 Main Board Last Full Year Company Period Date Year Net EPS Gross Net announced endrtj (cents) d* profit last year (1000) Cerates Interim Apr 27 hi 91 126 200TE(a) ***** Spore Land Interim May 4 Dec 91 126 100 14 641(g) SUP Interim Jul 26 Dec 91 13
      627 words
    • Article
      APPROVED ISSUES
      417 24 Company Rights Issue A icon One for two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M5010 each at Mil per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date: )un 7 Books
      417 words
    • Article
      PROPOSED ISSUES
      494 24 Company Rights Issue Mance Ted) Ore tof one fe $100 per shaft Bolton Issue of *****8m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares held Every $2 nominal amount
      494 words
    • Article
      BONDS, LOANS & WARRANTS
      782 24 BONDS, LOANS WARRANTS Company Conversion period Conversion term lor om ordinary share Bind Wt Before 30/6/94 1 warrant plus HK$100 cash CtC HI More 26/4/93 1 warrant plus (309 cash. Causeway lam Camq Wt 2/10/89 to 20/10/94 1 warrant phis JO 77 cash or 1 warrant plus SO 77 nominal
      782 words
    • Article
      COMPANY MEETINGS
      195 24 CMB Packaging Singapore Ltd: EGM at Shangri-La Hotel, Valley Room 1, Orange Grove Road, Singapore 1025 on Wednesday, July 17, at 10am. Hong Leong Credrt Bhd: EGM at The Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Tun H.S. Lee, ***** Kuala Lumpur on Wednesday, iuly 17.
      195 words
    • Article
      RECORD HIGHS & LOWS
      209 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: 1333 08 3/6/91) 1991 tifh: *****8 (3/6/91) 1991 low: 1022 52 (16/1/91) 1991 low: *****8 (16/1/91) 1990 h*h: *****3 (16/7/90) 1990 hifh. 1607 12 (27/3/90) 1990 bw: 981 07 (09/11/90) 1990 low: 1079 50 (11/10/90) 1989 hifh: 1322 00
      209 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      295 24 NOTICE IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER Of GOLDIRON INVESTMENT PTE LTD (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at Bond Centre. East Tower 40th floor. 89 Queensway Hongkong, on 5 July 1991.
      295 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stronger yen pushes up prices in thin trade
      2225 25 Reuter TOKYO STOCKS closed higher in thin trade yesterday after moving in a narrow range throughout the day. Sharp gains by the yen and Wall Street on Friday helped boost prices initially and then buyers picked up scattered stocks across the board,
      Reuter  -  2,225 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Property steers Hang Seng briefly past record high
      1961 25 Reuter THE PROPERTY sector led share prices to finish higher in active trade and helped to push the Hang Seng index briefly past its record closing high of 3,949.73, brokers said. "Property shares were at the head of the train that led
      Reuter  -  1,961 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • REGIONAL STOCK MARKETS
    • Aussie shares firm on scattered buying
      • Article
        AUSTRALIA
        807 26 SCATTERED support pushed the Australian share market higher yesterday in quiet trade, with most interest focused on the A 5374 million takeover bid for food group Petersville Sleigh. Brokers said a mixture of offshore and domestic investors bought leading stocks after positive leads from New York last week. The
        807 words
      • Article
        BANGKOK
        771 26 GAINS IN blue chips and finance group pushed the Bangkok stock index up slightly yesterday after its heavy loss last week. The index closed 3.12 points higher at 677.83 on turnover of 2.76 billion baht. All issues in the finance group ended higher. Thai Investment and Securities Co rose
        771 words
      • Article
        Untitled
        89 26 INDiCES TURNOVER CVMC Previous Jul j 15 SYDNEY All Ordinaries Index 1,539.2 1.531 9 4-7.3 All Industrials Index 2.355.5 2.347.2 8.3 All Resources Index 912.3 906 1 +6.2 Turnover (million) 111.7 109.5 +2.2 BANGKOK SET Index 677.83 674.71 3.12 Turnover (million baht) 2.760 3.680 -920 JAKARTA Composite Index 325.61 328.62
        89 words
      • Article
        JAKARTA
        690 26 THE DEPRESSED Jakarta share market showed few signs of reversing its downward course yesterday, although a new share did manage to open above its listing price. LippoLand, which belongs to the large Lippo Group, ended its first day 250 rupiah up in heaving trading of nearly eight million shares.
        690 words
      • Article
        MANILA
        442 26 PHILIPPINE shares ended slightly higher yesterday, but investors stayed out of the market due to concern over the fate of talks on US bases in the country and a general strike by labour unions this week, brokers said. The Manila Stock Exchange composite index gained 3.66 points to end
        442 words
      • Article
        NEW ZEALAND
        157 26 NEW ZEALAND shares ended only slightly higher yesterday despite fresh data showing annual inflation at a 25year low. Activity was quiet as institutions took to the sidelines ahead of the likely confirmation tomorrow of pricing and allocation for the Telecom float. Accordingly, the June quarter CPl's 0.1 per
        157 words
      • Article
        Untitled
        163 26 Wellington NZ Cents VoKW) July 15 Air NZ 145 +5 118 ANZ Banking 515 unch 20 Bank Of NZ 68 -I 856 Baycorp 10 unch 2740 Brierlcy Inv 116 1 ***** Carter Holt 184 6 ***** Cavalier 200 3 466 Ceramco 166 1 8455 Citvrealties Corp Inv 97 +1 6170
        163 words
      • Article
        Untitled
        366 26 MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local currency In 8$ In LSS day year S day year day S year Jill) 12 Index change change change change change change World ...401.5 0.3 12.1 0.5 7.2 0.7 6.3 JEAFE 519.0 0.1 10 4 0.8 2.5 I.I 16 Europe 427.2 -0.2 17.2
        366 words
      • Article
        SEOUL
        728 26 SHARE prices slid sideways in active trading on the Korea Stock hxchange yesterday. The composite stock index lost 1.29 points to close at 635.21. Declines led advances 326 to 287 among the 792 issues traded. Volume reached 24.222 million valued at 383 billion won. Seoul Won COO) July IS
        728 words
      • Article
        TAIPEI
        439 26 SHARE prices in Taiwan closed lower yesterday as selling emerged in late trade when the index fell below support at 5.300 points, brokers said. The weighted index fell 129.04 points or 2.4 per cent to close at 5,283.19 compared to Saturday's 5,412.23 finish. Turnover was NT524.7 billion against NT520.17
        439 words
      • Article
        BOMBAY
        78 26 SHARE PRICES fell broadly on profittaking triggered by rumours that the government would raise rail freight and fares, brokers said. The government is due to announce today the railway budget for fiscal 1991/92 (April/March), delayed by political problems. "The market witnessed a technical correction," broker Ramnik Parikh said. "The
        78 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon 3-nation pact on capping US$ and interest rates
      783 27 IHT PARIS The United States, Germany and Japan at odds for months over Washington's calls for lower interest rates appear to have reached a quick agreement to try to cap the dollar and interest rates for the time being. Their newfound unity
      IHT  -  783 words
    • Article
      Lock icon Easier French monetary policy unlikely: analysts
      344 27 Reuter PARIS France may be emerging from a brief flirtation with recession but with the franc stuck near the bottom of the European currency grid, the sort of monetary easing needed to revive the economy is impossible, analysts say. After three quarters of negative
      Reuter  -  344 words
    • Article
      INTERBANK FOREX RATES
      390 27 Cross rates Jui y 13 USS SS MS Dm Yen SFr AS NZS USS 1.7520 2.7785 1.7900 136.90 0.6079 1.5505 ***** 1.7762 SS 0.5708 1.5859 1.0217 0.7814 0.3470 0.8850 0.7393 1.0138 MS 0.3599 63.06 0.6442 0.4927 0.2188 0.5580 0.4662 0.6393 Dm 0.5587 0.9788 1.5522 76.48 0.3396 0.8662
      390 words
    • Article
      MONEY MARKET
      531 27 Interbank rates S$ Bid Offer Overnight 4 1/4 4 1/2 1-month 5 5/8 5 3/4 2-month 5 3/4 5 7/8 3-month 5 3/4 5 7/8 Overnight mode: 4-1/8 ISS J»id <>fler 7 days 5 15/16 6 1/16 1 month 5 15/16 6 1/16 2 months 6 6 1/8
      531 words
    • Article
      Lock icon Greenback firms against yen on buying spree in Tokyo
      695 27 REPORTS Reuter ASIA Tokyo: The US dollar ended higher against the yen as interbank and corporate dealers rushed to snatch up cheaper dollars after the currency's plunge overseas last Friday. But fears of another round of concerted central bank intervention overseas
      Reuter  -  695 words
    • Article
      FINANCIAL FUTURES
      1139 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 93.71 9171 93~69 9169 2400 ***** 4234 Dec 91 93.14 93.14 93.12 93.12 2937 ***** 3894 Mar 92 93.08 93.08 93.06 93.06 667 9871 1463 Jun 92 92.68 92.68 92.66 92.67 200 1410 181 Sep 92
      1,139 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Western firms eye E Europe metals but fear problems
      498 28 Reuter LONDON Western firms are eyeing potential for mining and metals in Eastern Europe and the mineral-rieh Soviet Union, but fears over elean-up costs and profitability are scaring off their sorely needed investment. Much of the region's metals industry is in
      Reuter  -  498 words
    • Article
      Lock icon Uncertain outlook for copper industry
      231 28 Reuter LONDON The world copper industry faces uncertainty over the timetable for introducing new copper smelters and the implications for the concentrates market, the Commodity Research Unit (CRU) said yesterday. In a report entitled "Custom Copper Concentrates to 2005", CRU said at least six new
      Reuter  -  231 words
    • Article
      KL tin market recovers on buying interest
      829 28 REPORTS THE PRICE of tin rose seven sen to MS 15.46 per kg on the Kuala l.umpur Tin Market yesterday, prompted by lower offerings from miners and some good buying tyDealers said market sentiment recovered slightly in line with last Friday's steadier close
      829 words
  • Article
    PRICES
    1461 28 Rubber jui y is I RAS (fob in bales) S cents/kg Noon Close Int I RSS Prompt *****/143 50N *****/I43.50N Int I RSS Aug 91 143.50/144 00 143.50/144.00 Int I RSS Sep 145.00/145.50 145.00/145.50 Int 2 RSS OP 141.75/143.75N 141 50/143 50N Int 3 RSS OP 140.25/142.25N I4000/I42.00N Int
    1,461 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      424 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 UNITED INDUSTRIAL CORPORATION LTD (Inaxporaled In the Republic ol Singapore) LOST SHARE CERTIFICATES Appl ical ions been made to Ifoe Directors ol the atoveoamed company to issue duplicate share certificates In place ol the following share certificates which have been reported tost or destroyed:
      424 words
    • Advertisement
      Page 28 Advertisements Column 2
      296 28 KIN HOE INVESTMENTS PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #07-19 Singapore 0617 on Wednesday 10 July 1991 at 10 00 a.m., the following Special Resolutions were duly passed1. That the Company be
      296 words
    • Advertisement
      Page 28 Advertisements Column 3
      11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1145 29 city Flight ETA Flight ETD Abo Dhabi GA893 1025 GA892 0110 Adelaide SQ228 2000 QF82 2200 Amman RJ183 0030 Amsterdam GA893 1025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 Athens Auckland NZ35 1550 SQ388 2015 NZ36 2330 Bali kpa pan GA525/
    1,145 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Island and lifestyle hopping
      604 29  -  POSTCARD FROM THE CARIBBEAN By Cindy Selby IF YOU are ever in the Caribbean on a Sunday be sure to go to church. God is bound to notice absentees. To quote Sister Eugenia, a methodist lay preacher on Nevis: "You can hide from your children, parents,
      604 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Ijocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.347 1.367 Canadian dollar 1.515 1.545 NZ dollar 0.9800 1.0100 Sterling pound 2.865 2.895 US dollar 1.7450 1.7550 l>ocal dollars to 100 units of foreign currency Austrian schilling 13.70 14.70
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      83 29 Duration Title Venue Organiser Tel July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Equipment. Technology Sc Services for Informatic Telecommunication July 22- Pan Pacific Hilton Asian Investment Jakarta: 23 Power Generation International Conferences **********8 Conference Jakarta (Pte) Ltd S'pore: *****8550 Duration Title Venue Organiser Td Aug 6-9
      83 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      40 29 When it comes to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Kurope from start to Klnnliih.
      40 words
    • Advertisement
      Page 29 Advertisements Column 2
      69 29 W 1 J) TOILET W PAPER W CHASE k V You've heard of J paper qualifications. What about a Certificate in Cleaning? A company involved in this year's Public Toilet Campaign is training cleaners on how to do it well and then issues certificates after the course. For the mopping
      69 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      282 29 1 I'm to tell new version of story (6,5) I I 9 Rag with a tale of heroism 10 Takes a turn in the air (11) jHf In football he must be inthe top eleven none came round (7) LmJ [■■■trF Lhl 16 Net adjustment by water j board (7)
      282 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      206 29 Singapore Outlook: Fair, except for showers over a few areas in the afternoon. Report: Maximum temperature 32.9* C Assoc humidity 57% Minimum temperature 27.1* C Assoc humidity 85% Hours of sunshine 10.00 Rainfall in mm Nil Rainfall this month 22.5 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond.
      206 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      27 29 /ATrcrg fiLL... UC M/\Ve fv\VJCU\ »'D uye TO SIT T*LK VmcxynmON But fug\t_ rve c*t4 t alx om I >- got TO < V y 3TANOAfIP CO LTD IMi-IWI
      27 words
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  • Article
    Lock icon Taiwan boosting its investments in Indonesia
    480 30 Jakarta beats one-time favourite KL in dollar terms AFP TAIPEI Indonesia has beaten Malaysia in dollar terms as an investment centre for Taiwan in the first quarter of this year. Between January and March, Indonesia attracted 30 investment projects worth a total of US$95O
    AFP  -  480 words
  • Article
    Bentoel loan default: is a white knight really coming?
    330 30  -  By Quak Hiang Whai BANKS hit by the loan default of financially-troubled Indonesian cigarette maker PT Bentoel are in the dark about reports that a white knight may be on the way. The bankers are still trying to confirm the report
    330 words
  • Article
    Former NBB director arrested
    325 30  -  By Conrad Raj A FORMER DIRECTOR of the now defunct National Bank of Brunei (NBB) was arrested by the Singapore police last Friday. Bobby Sim Kia Teck, a signatory of the bank, is said to have been released on Saturday after posting bail. The Criminal Investigations
    325 words
  • Article
    Lock icon US-Soviet accord on nuclear arms likely this week
    278 30 Group of Seven Summit Agencies LONDON The US and Soviet Union are likely to agree this week on an historic treaty to slash their nuclear arsenals, according to US officials yesterday. The disclosure upstaged yesterday's formal opening of the 17th annual economic
    Agencies  -  278 words
  • Article
    Lock icon Ex-director of Ka Wah jailed for fraud and theft
    197 30 AFP HONGKONG A former director of Ka Wah Bank, Low Chang-hian, was sentenced to five-and-a-half years in jail by the High Court yesterday on fraud and theft charges. Low, 46, the former vicepresident of the bank, had pleaded guilty to conspiring
    AFP  -  197 words
  • Article, Illustration
    Closed clubs must make way for open markets
    801 30  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist THE WINDS of regulation are sweeping across stock markets worldwide. Before they reach hurricane proportions, stock markets from London to Tokyo and Hongkong to Paris are sitting
    801 words
  • Article
    Foreign buyers in Bangkok rush to resell condo units
    426 30  -  From Michelle Rowe in BANGKOK A LARGE number of foreign buyers of condominium units in Bangkok are rushing to resell their units because of doubts over amendments to the 1979 Condominium Act. but a leading Thai developer has said the panic
    426 words
  • Article
    Lock icon US may pull out of Clark Air Base
    236 30 Reuter MANILA The US served notice yesterday that it may abandon Clark Air Base in the Philippines because of volcanic eruptions and Manila said it is ready to discuss an orderly US withdrawal. "It's becoming more and more clear that they are
    Reuter  -  236 words
  • Page 30 Advertisements
Page thumbnail Page 31
  • SHIPPING TIMES
    • Article
      Financially-troubled Pronto quits the courier business
      373 31  -  By Dexter Lee MYSTERY shrouds the sudden demise of home-grown Pronto Worldwide Couriers, which only two years ago boasted of a $20 million expansion plan to get footholds in Europe and the United States. There were even plans then to get Pronto's parent. Transnational
      373 words
    • Article
      Lock icon Iranian and Kuwaiti imports keen Dubai ports busy
      384 31 AFP DUBAI Dubai ports registered record activity during the first half of this year due to a sharp increase in Iranian and Kuwaiti imports from the Gulf emirate. Dubai government statistics released this week said about 25,000 vessels used the emirate's four
      AFP  -  384 words
    • Article
      Lock icon Former US presidential yacht sold to Norfolk shipyard
      314 31 UPI NORFOLK, Virginia The 32-metre yacht Sequoia, used by seven US presidents until Jimmy Carter disposed of it as a luxury in 1977, has been sold at auction for US$5O,OOO (S$88,000) to Norfolk Shipbuilding and Drydock Co, which is owed $2.2 million
      UPI  -  314 words
    • Article
      Lock icon Iranians said to have mistakenly fired at US warship
      237 31 AFP DUBAI Iranian revolutionary guards recently fired at a US warship clearing mines left over from the Gulf War, but later apologised for the incident, an allied naval commander has revealed. Captain Marty Bell, commanding officer of the Australian frigate HMAS
      AFP  -  237 words
    • Article
      INDEX TO ADVERTISERS
      913 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 Acropak Express 9 5 APL 5 3-5 APC Line 13 5 •ASCL 5 1 ANL 3 1/2 Bait Canada I.ine 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank Line
      913 words
    • Article, Illustration
      No plans to liberalise M'sian haulage industry
      381 31  -  From Khaidir Abd Majid IN KUALA LUMPUR THE CONTAINER haulage business in Malaysia will not be deregulated or liberalised to bring in more operators as the present tight situation in meeting demand is expected to ease in six to eight months. Malaysian Transport
      381 words
    • NEWS SUMMARY
      • Article
        The Australian air fare war
        59 31 AN AIR FARE war is now in full flight nine months after the Australian government deregulated the domestic aviation industry, ending almost 40 years of an unique two-airline domestic policy. Air fares are now at their lowest in 10 years. Fares on key trunk routes
        59 words
      • Article
        Letter to Mrs Cresson
        38 31 SOME Japanese employees of Air France have written to French Premier Edith Cresson asking her to help end what they call victimisation by the state airline, members of the protest group said. Back Page
        38 words
      • Article
        Call for standard HDTV recording system
        44 31 IN AN attempt to set an early stage for introducing home-use videocassette recording systems for high-definition television (HDTV), three major Japanese electronics companies have called on equipment and parts makers to adopt a unified recording format Back Page
        44 words
      • Article
        Telesphere may face bankruptcy action
        37 31 CUSTOMERS of troubled Telesphere Communications Inc are considering an attempt to force America's sixth-largest long-distance company into bankruptcy, lawyers representing customers involved in disputes with the company said last week Back Page
        37 words
    • LOG BOOK
      • Article
        CAAC calls for quick delivery of flood relief
        118 32 BEIJING China's national airline has called on its local subsidiaries and various airports to take emergency measures to expedite aid shipments to flood-stricken areas. The Civil Aviation Administration of China (CAAC) last week appealed in a statement for customs and administrative formalities
        118 words
      • Article
        Alaska Airlines buys two planes
        28 32 SEATTLE Alaska Airlines Inc said it has bought two McDonnell Douglas Corp MD-83 twin jets for delivery in November. No price was disclosed.
        28 words
      • Article
        Norwegian ship's engine on fire
        35 32 LONDON The Norwegian ship Visund reported a fire in its main engine last Thursday off Brazil, Lloyd's Shipping Intelligence Service said last Friday. The 12,500-dwt vessel was bound for Santos.
        35 words
      • Article
        Ships in Ulsan collision repaired
        71 32 LONDON The 270,358-dwt Brazilian ore/oil carrier Jose Bonifacio sailed from Ulsan, South Korea, bound for Singapore on June 30 after temporary repairs at Ulsan anchorage, Lloyd's Shipping Intelligence Service said last Friday. The 34,291-dwt British bulker Star Lily sailed from Onsan for Amamapare, Indonesia, last
        71 words
      • Article
        Taipei ship damages propeller
        54 32 LONDON The Taiwanese container vessel Oriental Knight damaged one of its twin propellers while entering Keelung harbour, Taiwan, Lloyds Shipping Intelligence reported last Saturday. The 31,830-dwt ship was arriving from Melbourne and Brisbane, Australia with a containerised cargo. It discharged in Keelung, and departed for Kobe,
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      • Article
        Typhoon hits Hainan island
        55 32 BEIJING A typhoon hit the southern Chinese island province of Hainan early Saturday, cutting off communications in some areas, the official Xinhua News Agency reported. Xinhua said it was not known if there were casualties. It said the typhoon, with winds up to 120 kph, knocked
        55 words
      • Article
        Albanian refugees in Ancona
        50 32 ROME Ten Albanian refugees, rescued from a raft on the Otranto strait off south-east Italy by a Norwegian oil tanker, arrived last Saturday in Ancona. The Albanians were described as being in good health, but were not allowed to leave the ship, a police spokesman said.
        50 words
    • Article, Illustration
      Battle of the air fares
      1251 32  -  Domestic air fares in Australia are now at their lowest in 10 years, and thousands of Australians are enjoying the full impact of deregulation. Florence Chong reports from Sydney Florence Chong AN air fare war is now in full flight nine months after the Australian
      1,251 words
    • Article
      DAILY FREIGHTS
      907 32 i DRY cargo freight rates continued a softer trend on Thursday in the Baltic Freight Index triggered by lower grain fixtures. Brokers said there were enquiries for the US Gulf/Japan grain route which was expected to fall sharply from its present level of U5526.12. "The ball is in
      907 words
    • Article
      THE SHIPPING GUIDE
      11124 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,124 words
    • Article
      SHIPPING AGENTS
      3328 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: alsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Mbatros Sea-Air Service: Lrata Shpg Pte Ltd (S). Alfred
      3,328 words
    • Article
      COURIER SERVICES
      262 45 Abacus Couriers Tel: 545-8011. Fax: *****VH. Air K\pms I ntel Tel: 533-5771. ha*: *****44 Airborne Freight C orporation Tel 542-8844 Fax: *****16, *****80 Airswift Worldwide Courier Tel. 278-0188. Fax: *****83 AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster link Supplies
      262 words
    • Article
      AIR FORWARDERS
      1553 45 Abe* F.xpress Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel 542-7821 Fax *****20 \erolink Freight International Fel: 545-8033 Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo (Express Tel: 542-5454 Fax: *****06. Air Fx press International Tel: 542-7666 Fax: *****74. *****50.
      1,553 words
    • Article
      Lock icon PORT CONDITIONS
      643 46 Reuter Algiers tight to 10 vessels awaiting entrance. Waiting time three to four days. Aqaba 16 vessels discharging at quays and nine idle at quays and at anchorage. Aratu No vessels berthed or waiting at solid bulk, liquid bulk, gas bulk or Dow terminals. Astoria Two non-grain vessels
      Reuter  -  643 words
    • Article
      AIR FREIGHT SCHEDULE
      468 46 ARRIVALS DEPARTURES Op Klitfhl l)pe KTA T From Op Flight Type LTD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL FDX FM22 DC I OF 0335 I TPE/NRT/ANC JAL JL6I7 B747F 0345 I
      468 words
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      Lock icon SHIP SALES & TANKER RATES
      717 46 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Bulk carriers Ellin: 35,063 dwt and built 1982, is now op offer. North Shields: 12.126 dwt and built 1972, on offer at US$2.2 million. Others Bhawani: tanker of 33,788 dwt and built 1976, on offer at about US$9 million. Kernel iff:
      Reuter; AFP  -  717 words
    • Article
      CRUISE & FERRY SCHEDULES
      359 46 CRUISE FERRY SCHEDULES j^jijwww-y*f*r*Mm>-*mmm.-*mam qc CRUISE SHIPS Ait Dtp Name of Vessel ETA KTI) Ports of Calls Fort Agent JULY 17 17 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 18 18 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 19 19 Ocean Pearl 0700 1600 Bali-Sin-P KJang Borneo Shipping 21 21
      359 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        662 47 Vessel Voy No Berth Arnval Departire Vessel Voy No Berth Arrival Oepartue M „l-, Pwang Jaya 14/91 P05 1607/2130 1707/1100 nuniw lerminai 1 Seng leong 10A 91 P07 1607/2359 1707/1800 S L, SI 3 S! SSI'SS Sri N Hua 3 1091 P0/ 1607/2359 1707/2300 r! nilno lern/nwm
        662 words
      • Article
        IN MALAYSIAN PORTS
        197 47 Johorc Port Berth: 1: ml; 2: Golden Star; 3: nil; 4: nil; 5: Roda Perkasa; 6: Bunga Butang 01 jetty: Cerlang, Voyager 1. DC J: Kyoei Maru No 1. Due on Wy 15: Dolores, Eastern Navigator. Ocean Princess, Dade. Barge Josindo Satu Due on July 16: Clearventure
        197 words
      • Article
        CONTAINER SCHEDULE
        877 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootonj/Balance RsJts Shp Voy No Etb/Btr Period From To From Alkari 909 16/1/00 1 15/1500 15/1659 15/1900 Alh Cotumtxi ***** 17/0900 1 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Ante 27W 16/1400 1 15/1500 15/1659
        877 words
    • Article, Illustration
      Lock icon Air France's Japanese staff seek Cresson's help
      440 48 Reuter TOKYO Some Japanese employees of Air France have written to French Prime Minister Edith Cresson asking her to help end what they call victimisation by the state airline, members of the protest group said on Friday. "We totally agree with your comment
      Reuter  -  440 words
    • Article
      Lock icon Stricter rules for cleaner Californian air
      165 48 NYT LOS ANGELES The California Air Resources Board has introduced rules that reduce the maximum allowable emissions of unburned hydrocarbons and nitrogen oxide, which interact with sunlight to produce ground-level ozone, or smog. The rules also set a lower standard for carbon monoxide. Experts
      NYT  -  165 words
    • Article
      Lock icon Call for standard HDTV recording system
      503 48 Asahi TOKYO In an attempt to set an early stage for introducing home-use videocassette recording systems for high-definition television (HDTV), three major Japanese electronics companies have called on equipment and parts makers to adopt a unified recording format. Sony Corp, Hitachi Ltd and Matsushita
      Asahi  -  503 words
    • Article
      Lock icon Telesphere may face bankruptcy action
      465 48 NYT NEW YORK Customers of troubled Telesphere Communications Inc are considering an attempt to force America's sixth-larg-est long-distance company into bankruptcy, lawyers representing customers involved in disputes with the company said last week. Telesphere, which acts as a billing and collection agent for services that
      NYT  -  465 words
    • Article
      Lock icon Fire on cruise ship
      111 48 AP MIAMI A fire on a cruise ship in the Bahamas sent passengers and crew scrambling towards lifeboats on Sunday, but the small blaze was put out with no injuries, Coast I Guard and cruise line officials said. The fire 1 began at about 0600 GMT
      AP  -  111 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      26 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Asso-UJfc>^Jfij ciation. For advertising enquiries, contact Shipping limes el 74tt-2im/740-2im
      26 words
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      Page 31 Advertisements Column 2
      186 31 SSWff HEME HETM. CO PIE LTD n TUA3 Ave 14. SiHQAPOnt 2M\ TCl** AS *M7t SMMCPt. TEL: Ml Ms9(SlnMt TtLICAX: Ml m* tjK HMimfoi vtUMmnnm ji[» ™»*r. tgg AUrli f»&i IHlra -a«M«wN 10 lllmUmmm li omum B®a r< M mwAtomt. tuutiu ConMrtw ntuum MOMMA •OwritLM wtwiM I CCH fIVW tftJk
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      Page 31 Advertisements Column 3
      51 31 Air Forwarder* 15 Air FragW Schedule 16 Container Schedule 17 Couner Services 15 Cruise Ferry Schedules 16 Qa*y Fretfrts 2 Index to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shipping Gtade 10.11 Stupsales/Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions
      51 words
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      Page 32 Advertisements Column 1
      83 32 FOR BITS AND Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION
      83 words
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      Page 32 Advertisements Column 2
      72 32 APPOINTMENTS rvi". have s 1 in our Export Dept for activities related gi to customer service, computerised documentation, consol planning, pricing and quotations. I W i, h our new management and lif premises, we endeavour tooflcr a pleasant environment, comprehensive training 1 programs and attractive remuneration. Please write-in or walk
      72 words
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      Page 33 Advertisements Column 1
      2398 33 IMMI IMinilll III! I III! >11 111 II NO Cantonment Road #12 05 Southpoint, Singapofi 0208 \«llf/ Tel *****11 TELEX NO RS 241/9 ■UIIIW TERMINAL,CFS Tel *****18 220 rCuStal bookings t«h *****34 v* L XffFM M PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 TELEX NO MA*****/MA***** PENANG
      2,398 words
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      Page 33 Advertisements Column 2
      1992 33 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
      1,992 words
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      Page 33 Advertisements Column 3
      1606 33 mumssassM TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/SOUTHAMPTON 16 DAYS Vessel Voy ETA I ETD 'Port 'Penang 1 DESTINATIONS Singapore Kelang TM* mo Mcfcinnvy M««w 8104 Feeder by cv 23/7 oeoo MRS Pino HHI BH P"" CFS 22/7 2350 HftS OAK LGB HOU MEM ATL MIA CHS
      1,606 words
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      Page 34 Advertisements Column 1
      1108 34 I aottedam 1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SESBt KURAMA 11/128 17/7 8/8 6/8 5/8 ilffjMl FRANKFURT EXPRESS 57/328 21/7 7/8 9/8 12/8 13/8 TOKIO EXPRESS 01/129 25/7 15/8 13/8 12/8 J. ALL KAMAKURA 18/329 27/7 14/8 16/8 19/8 20/8 KUAMQ PCNANG CARGO KASUGA 16/130 1/8
      1,108 words
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      Page 34 Advertisements Column 2
      678 34 wpsm tjcy M r JB DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J 80NTANG 2404E8 1/8 16/8 19/8 24/8 ALSO ACCEPTING CARGO VIA SUVA TO LAUIOKA. PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX STO (PERU) L. J BONTANG 2404E8 1/8 7/9 8/9
      678 words
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      Page 34 Advertisements Column 3
      1559 34 Krlamxmm HftliMH REGULAR INDEPENDENT FULL CONTAINER SERVICE wC§TB6UND FOR EUROPE VSI/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORAS4A AL MANSOORAH 9119 3 19/07 11/08 13/ OS 15/08 16/08 17/08 18/08 19/08 20/08 ARABIAN SEA 120W 26/07 18/08 19/08 22/08 23/08 24/01
      1,559 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2035 35 St earners Maritime Holdings Ltd] V Pftrfl M M STRAITS SHIPPING VhfL 4 CT 17 SliWOP# to BrwMi, latt Malaysia, Containers MlJm Voy No t-P»n/ t-Pkl Sport »l| Sou Mb I LAURA MAERSK 1101 13/07 15,0/ 17/07 01/ M 04/08 05/08 07/0* ACCEPTS DUE SAKS ORIENTAL SAY 0540 13/07 15/07
      2,035 words
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      Page 35 Advertisements Column 2
      2341 35 TO: U.S.AJPANAMA FM: U.S.AJPANAMA vtssti voy v om tea c«i fdB s«» mm wtc «m/voT wrc won cm lm oak v imTT TjTt t/i iTi ii/i S7i svi 27/1 panama mnatoo **122 s/i 7/1 i/i i«/« an m/o 21/7 CHOYANG CHANCE IM7I M/ 7 *"*'<* "RIM IJ/1 l</< 21/0 30/1
      2,341 words
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      Page 35 Advertisements Column 3
      359 35 STRAITS/ JAPAN/ STRAITS SERVICE LOADINO FOR YOKOHAMA/NAPPY A COSMIC TRADER Vl9 ETA PK 22/7/91 ETA SPORE 24/7/91 ETA NAGOYA 4/8/91 ETA YOKOHAMA 7/8/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime I SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK Pt DSN CT M
      359 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      562 36 SHHB CR NBR **********0 O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Hi VOY SPORE ROAM ADAM HBURG BREMEN ANTWERP SKIWIjATA 32DVB 1-4/t 3/9 99 12/9 14/9 KUTAi 23W8 1/9 4/10 13 10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|«ct lo Inducement Also accepting cargo to Casablanca Port Said.
      562 words
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      Page 36 Advertisements Column 2
      1038 36 I HANJIN SHIPPING I ISporelLEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LGB OAK I HANJIN VANCOUVER 005W 16/7 2/8 3'B 4 8 4/8 5/8 6 8 HANJIN LONGBEACH 034E 19/7 DIRECT S/S 10/8 HANJIN LEHAVRE 013*1 22/7 I 9/8 10/8 11/8 11/8 12/8 13/8 HANJIN HONGKONG
      1,038 words
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      Page 36 Advertisements Column 3
      73 36 Conventional/ LCI/FCI Service To UWCA fJCTt. NOITH SOUTH MOO MCTC MO HJ** OCUA VESSELS AVAILABLE FOR SAL6/£HARTER/TRAN§HIf>MfcNT SONG TWAO -H6 MIMH/tuTId6RIN 11/7/S1 -A VESSCL MAONAS/CALCUTTA/CWTTAOONO/RANGOON Hff/11 'AARON F" BKK/SATTAMIP'VUNGTAU-PHNOM PENH \*m%\ -A VESSEL'' COLOMBO/DUBAI/D AMMAN/KUWAIT 77/7/tl -A VSL" JEOO AM/MOOEIO AH/ A OAS A M/7'91 •O SERAVA" SIN BATAM WEEKLY
      73 words
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      Page 36 Advertisements Column 4
      1329 36 dP iI i I I I I I M jtrnTM I I I W M *C «SC lit fUS I* l oa 9K ITO l« CKS Ml WC IHV MM B* W (BG PSO di m W GOLDLN tt-031 17/7 11/7 23/7 24/7 2S/7 2J/7 31'7 2/1 3/1 4/1 5/1
      1,329 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      2075 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL *****00 USA SERVICE -*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE -*****19 DOCUMENTATION DEPT: *****44/*****14 JV AUST/INDIA/PAK SERVICE-*****18 CFS: K27 EXPORT *****53/*****04 SffHP FAR EAST SERVICE -*****48 CFS: K27 IMPORT *****69/*****50 m nepline sdn bhd Malaysia k L
      2,075 words
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      Page 37 Advertisements Column 2
      1178 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL- 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4) *****8 JOHORE BAHRU: *****1) *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND DtSCHAKONG WESTBOUND-LOAOHG TKAWSHFPED VW ROTTERDAM wsstis vor sx |ai kg vor pkl hbg bhv
      1,178 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1938 38 K'W f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) BjK V W W TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JL mLm MmJI JL JL JLI# TEL PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA
      1,938 words
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      Page 38 Advertisements Column 2
      1249 38 PHIU-OM€NT UN€5 PT€ LTD i* 106 ROBINSON ROAD $Q7 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 JUL 26 JUL DUBAI DAM VAN. SHARJAH, DOHA.
      1,249 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1199 39 aasajjfl pacific international lines (pte) ltd B E BKKI Plt Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA "1 «,«r "VT sin [BANGKOK EQUATOR MAS 11N 17/7 19/7 24/7 VESSEL VOV SIN BKK SIN ?oeT terata S; 7 3 S;; ™kkssu w sz sz EQUATE MAS ,JN ,4/7 ,8/7 31,7
      1,199 words
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      Page 39 Advertisements Column 2
      1069 39 Y BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 i #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOYNOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN v Ned'loyd Deiima' 238 17A7 2/8 3/8 5/fl 6/8 City of
      1,069 words
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      Page 39 Advertisements Column 3
      427 39 Z=T MYANMA fttk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdj MYOMAYWA V 1361* In Pi PA THE IK VII2W In Pi SAGAING V24W 11/24 Ui HPA AN Vl64* 16/19 Id PAGAH Vl72* 22/25 Jul THE BANK LINE (A Mrvlc* ol Andrew Weir
      427 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      708 42 TO AUSTRALIA/NEW ZEALAND Jin Em llMb |j»d f/uici [NPE |P CHAIM mio«is ii* 23/ i 307? «7i s/i u/t w/i MARTHA II zn 13/» 19,» 2J/» 2*l 30/1 1 1/0 ELLEN W»G Hi 23/* Jo~# i 75 13/9 15/» li/l MUSSEL 277 M/ 9 20 9 23/9 2* 30/J i/To
      708 words
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      Page 42 Advertisements Column 2
      845 42 Ii ll iiiliiiliMMi OUTBOUND VOY PKL PNG JKT SW HKG KAO KEE TYO SM2 NGO KO6 II VESSEL VOY I SIX |PKL PNG BLW SIW ACX DAISY 16 20 07 **15.7 19 7 26 7 30 7 31 7 18 ICEBIO 14A 17 7 117 117 22 7 CALIFORNIA CARRKR
      845 words
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      Page 42 Advertisements Column 3
      195 42 I P T PERU~SAHAAN PELAYARAN^ i W* KALIMANTAN i DIRECT WEEKLY SERVICE TO I JAKARTA/TG. PRIOK I Vessel ETA/ETD DESTINATION I NIAGA 42 Voy 11/91 16/17 Jul Jakarta/Palembanc I NIAGA XXII Voy 16/91 18/19 Jul Jakarta/Palemba<i( I I NIAGA XXI Voy 16/91 22/23 Jul Jakarta Palembanj I NIAGA 42 Voy
      195 words
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      Page 42 Advertisements Column 4
      1539 42 ~~r r"o t M s CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGtms: SINGAPORE'S GENERAL AGENTS lOONESIAS *GO«TS^ CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTF LTD PT GLOBAL PUTRA Kl TEL: *****91/17 FAX: *****92. ***** Vlt 11V INDONESIA MARITIME f. KLANG -TE 3MIIOC/S TU :MA ***** *T
      1,539 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      779 43 BiißKStiiaMil CONSOL TO:KEELUNG/KAOHSIUNG 21.7.91 HONG KONG 20.7.91 JBUSAN 18.7.91 BANGKOK 19.7.91 EUROPE 21.7.91 TOKYO/KOBE/YOKOHAMA 21.7.91 USA 19.7.91 AUCKLAND 21.7.91 FREMANTLE 25.7.91 SYDNEY/MELBOURNE 21.7^91j FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN. KATHLVN TAV. SOPHIA BAY FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS
      779 words
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      Page 43 Advertisements Column 2
      456 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) if-$\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL I VESSFL IVOY ETA ILOADING FOR SPORE j ANOINET 24W8 18/08 OAHESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA ABVOT ?6WB 10/09 DARESSAIAAM
      456 words
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      Page 43 Advertisements Column 3
      1167 43 SEAWARD SHIPPING AND MfTTMlMKßlllßnnglftM^ trading co (si pte ltd SYDNEY/MELBOURNE BANGKOK em ci* n l««a |w r** I tip m 1 |*na |wy wmtrv* sw*<x I S«*t PORT KEIANG PfNANG mA BHUM not 20-21/7 2-4/1 8 8/8 KJA BHUM# IIN Men 15/7 Tto* 18/7 I BIUE lADE 15,7 11/7 (lumult
      1,167 words
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      Page 43 Advertisements Column 4
      42 43 Vessel Voy ETA ETD Destn HOSHO MARU 9114S 17/7 20/7 Kompon|som ERMINIA 9120S In Pt 20/7 Phnom Penh ANABAS 9129S 21/7 25/7 Ha Chi Minh TZU HANG 912SS l»/7 21/7 Hmon Penh SHUNfU 9105S 20/7 23/7 Twifoon HON67HAN 9119S 18/7 20/7 Komponfsom
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      Page 43 Advertisements Column 5
      384 43 non-une VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 166N 17-18/07 24-26/07 01-01/08 TIGER BAT 167N 24-24/07 31-02/0* 07-08/08 EAGLE CAPE 15 27 28/07 05-06/08 11-12/08 VSL VOY SMGAPORE/CALCUTTA/SMOAPORE VESSEL VOY SM CAL SIN TIGER RIVER 133CN8 16 17/07 23-26/07 01-02/08 LHOTSE 405 21-22/07 27-31/07 06-07/08
      384 words
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      Page 44 Advertisements Column 1
      1234 44 M AC-NELS S'PORE IMPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 1 1 P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 j UK/SCAN/MED PORTS COtOMBQ/S. AFRICA I 1 PEN PK SIN I PEN PK S,N Colombo 21/7 22/7
      1,234 words
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      Page 44 Advertisements Column 2
      418 44 r 1 ■Tla T TITiTJB^IIUIJLM™Mn3nHM I|T%» BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVF.RCARGIL, FIJI AND TAHITI SIN N PLY AUCK ITT MANDAMA moo 23 Id
      418 words
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      Page 44 Advertisements Column 3
      1226 44 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER j CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL M ETA DEST VESSEL VOY
      1,226 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      6 46 Read Chartpoint in BT every Saturday
      6 words
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      Page 46 Advertisements Column 2
      137 46 r up. LIVING IT EACH WEEKEND, put up your cxccutivc feet, and let us shuffle through your imagination. We usually tread lighUy, hut even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      137 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      320 47 TIDES AND WEATHER TODAY'S TIDES (heiffit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 **********00 1900 *****100 2200 2300 JR 25 31 32 31 26 20 1 3 08 04 03 04 08 14 2.1 24 25 24 2.0
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      818 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. eastbounp feeder to pacific south-west to pacific north-west TiiSi VOT ii WE Mt LINE HAUI VPT LBH OAK StA LM HAUL DOT TCM SEA PU NAN HAI 203 016 14/07 15/07 18/07 H EXPLORER 41E 12/08 15/08 18/08 GOLDEN
      818 words
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      Page 48 Advertisements Column 2
      126 48 PASIR GUDANG/SJNGAPORE TWICE WEEKLY SAILINGS QUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 016S 15/7 16/7 017S 19/7 20/7 018S 22/7 23/7 019S 26/7 27/7 020S 29/7 30/7 021$ 02/8 03/8 RASJR GUDANG SINGAPORE (07) *****0/*****1 (02) 534-0042 SSSSS S 7 A L Til ■■mm r^ f a DAMAR
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      Page 48 Advertisements Column 3
      516 48 CHARTPOINT Every Saturday in Business Times Ifndr K. |PKI IS* Vhih W LAX 10M ImOU IMI |CM, |Wo* IdTC OUR USA itanu m/t ca JT/. mww iw«' ntLWTpi conam »ii?w v \i/~ U TTTi" n» I/I ii I/I "TT SERVICE CALLS I mw» 11/7 tumiTai wax H-H/i n/i 14/1 i«/«
      516 words