The Business Times, 22 July 1991

Microfilm: NL17606
Total Pages: 44
1 44 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, July 22, 1991 75*
    10 words
  • NEWS SUMMARY
    • Article
      Belgrade begins withdrawing troops from Slovenia
      65 1 LJUBLJANA, Yugoslavia The federal army began withdrawing from the breakaway republic of Slovenia yesterday, as fresh violence between Serbs and Croats in Croatia claimed six more lives. "The army began to withdraw its troops from the western Slovene border toward the interior and is
      65 words
    • Article
      Yeltsin's ban may aid Gorbachev's reforms
      63 1 MOSCOW Observers say President Boris Yeltsin's ban on Communist activity in government offices challenges President Mikhail Gorbachev to step up the pace of reform throughout the Soviet Union. They speculate that Mr Gorbachev might be able to use Mr Yeltsin's decree last Saturday to
      63 words
    • Article
      Action plan for tourism
      49 1 THOUGH they have agreed that there is no quick-fix solution to the drop in Japanese visitors to Singapore, leading Japanese tour wholesalers and their Singapore counterparts at the Japan-Singapore Tourism Conference have hammered out an action plan to solve some of the problems. Page 2
      49 words
    • Article
      More for education
      32 1 THE government will increase its expenditure on education because it is worth investing in its people who are "all we have", says Prime Minister Goh Chok Tong Page 2
      32 words
    • Article
      Reforms urged in India
      26 1 INDIA must introduce structural reforms to avoid "stagflation", the government said in an economic survey ahead of this week's budget Page 8
      26 words
    • Article
      Growth seen for Seoul
      38 1 SOUTH KOREA can sustain a rate of economic growth of between 7 and 8 per cent a year but must be careful to avoid an inflationary overheating. says the International Monetary Fund Page 8
      38 words
    • Article
      From rock to classical
      31 1 LATELY, there has been a rash of unexpected rock world conversions to classical music, not on the part of rock fans, but by rock stars Page 17
      31 words
    • Article
      Luxury loophole
      44 1 OWNERS of luxury cars of more than 6,000 cc stand to save a sizeable amount in road taxes by converting their cars into weekend cars even if they drive their cars every day outside the stipulated hours. Shipping l imes Page 1
      44 words
  • NEWS & MARKETS SUMMARY
    • Article
      Funds for fund
      33 1 NEW YORK-BASED Clemente Capital and Tsang and Ong Stockbrokers Pte Ltd of Singapore have agreed to put up a US$25 million (5542.5 million) mutual fund for global investments Page 3
      33 words
    • Article
      New twist in saga
      44 1 YET ANOTHER surprise development has popped up from the break-up of the "Chinese business troika" in Malaysia. with the Inter-Pacific group announcing that it is buying a huge chunk of Berjaya Corporation shares from former partner IGB Corporation Page 3
      44 words
    • Article
      Ban on arms company
      35 1 JAPAN'S Defence Ministry will no longer do business with a major Japanese military contractor suspected of illegally repairing and shipping missile parts to Iran during its war with Iraq Page 4
      35 words
    • Article
      ICI lay-offs expected
      26 1 IMPERIAL Chemical Industries' £300 million (SSB79 million) reorganisation programme is likely to lead to a loss of about 20.000 jobs worldwide Page 5
      26 words
    • Article
      Backlash hits banker
      36 1 THE SPREADING controversy over the shutting down of the Bank of Credit and Commerce International by the Bank of England is likely to damage the career of the central bank's governor. Page 6
      36 words
    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7490 100 Yen SS 1.2748 MS SS 0.6289 Money market rates Overnight 4-1/2 -t-3/4 3-month 5-1/2% +1/16
      22 words
    • Article
      COMMODITIES
      32 1 Rubber S pore Aug 142.75'/kg +0.50 M'sia Aug 227.50*/kg -0.50 KL Tin Turnover 29 tonnes -H5 Spot MS 15.43/kg -0.01 Crude palm oil Turnover 1.259 lots -1,515 Aug MS829 /tonne -2
      32 words
    • Article, Illustration
      STOCK INDICES
      27 1 Frida\ hange BT-MGA 699.54 +3.28 Kuala Lumpur .592.69 +3.15 Tokyo 22.866.36 -42.35 Hongkong 4.009.35 +32.52 Sydney 1.550.5 +9.8 New York 3.016.32 unch London 2.541.5 -5.8
      27 words
  • Article
    Limited supply in prime areas keeps residential rents up
    370 1  -  No change expected till end of year By Elaine Koh THE LIMITED SUPPLY of prime residential apartments is keeping rent levels on an uptrend, a situation that property consultants expect to remain for the rest of the year. Figures from Jones
    370 words
  • Article
    Top 2pc of taxpayers account for 47pc of income tax payable
    549 1  -  By Anna Teo SOME 12,500 people had assessed incomes of at least Sioo.ooo for Year of Assessment 1989. They made up only the top 2 per cent of taxpayers, but accounted for nearly half of the $930 million total
    549 words
  • Article, Illustration
    Frank Tsao takes up Malaysian citizenship
    301 1  -  By Lee Han Shih SIX YEARS before Hongkong reverts to Chinese rule, shipping magnate Frank Tsao has decided to look for a safe port he has taken up Malaysian citizenship. At around the same time, his son Fredrick Tsao Wai Teh is also giving
    301 words
  • Article, Illustration
    Firms hit by shortage of specialised engineers
    516 1  -  By S N Vasuki SINGAPORE'S continuing shortage of engineers with specialised skills is driving local and multinational companies to embark on a global manhunt in search of technical talent. Executive search firms and companies that BT spoke to said although the shortage was
    516 words
  • Article
    Lock icon Suharto warns firms to give co-ops shares
    164 1 AFP JAKARTA Indonesian President Suharto yesterday issued his toughest warning yet to companies to give some of their shares to cooperatives to help a government scheme to promote equity. "If they don't feel obliged, they will be obliged by the government through legislation,"
    AFP  -  164 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      216 1 Protect f Your Eyes. r= Built-in K' Imerter prevents light nkkcrin);. 1 National Intriirr lahl« I amps 9 ar* \pnull> ik-at-nrtl f«r: /f~\\ Kk. ArihiUits I Nlkv H J I -kU>i\ Kc.iiline Slmhini; HRTm M<IKUNPK<IIH< ISn» I lit \U> WOHWKKM <*<>MuiUK.val MM I Ir.hard i«»i> h.«.l ll.iy n *WM lI.Hi
      216 words
    • Advertisement
      Page 1 Advertisements Column 2
      90 1 C. T. HOO Singapore #01 -22 Tanglin Shopping Centre. Singapore 1024. Tel: *****47, *****43. Rediscover your love of flying. Once upon a time you approached flying with a Keen perhaps become stmpfy a means to an end Rediscover the sense of excitement Then you grew up Now you have things
      90 words
Page thumbnail Page 2
  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Trial run for non-transferable COEs
        82 2 CERTIFICATES of entitlement for all cars, except weekend cars, should be made non-transferable for a one-year trial period. This is the recommendation of the Government Parliamentary Committee (Communications). In a paper to the Communications Ministry last Saturday, the GPC also recommended, among others, that COEs
        82 words
      • Article
        Mendaki awards scheme
        69 2 MENDAKI should widen its awards scheme to recognise the accomplishments of more students, said Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong. BG Lee suggested that the scheme should give separate awards for English, mathematics and science. It could sponsor awards in individual schools; and awards should
        69 words
      • Article
        Thomson pumps in more money
        65 2 ELECTRONICS firm Thomson Consumer Electronics Asia Pte Ltd will invest a further $10 million in research and development in Singapore this year. According to Yvon Mace, Thomson's vice-president of human resources, the investment is on top of $30 million already budgeted for research and development
        65 words
      • Article
        Help for flood victims
        61 2 THE government will donate US$3O,OOO and provide medical supplies to flood victims in China. The donation is in response to China's appeal for aid made through the United Nations Development Programme office in Beijing. Floods in many Chinese provinces since May have caused damages estimated at
        61 words
      • Article
        Water supply safe
        71 2 SINGAPORE'S water supply from Johor has been reduced due to the reduced river flow in the current dry spell, said the Public Utilities Board. Water to the Upper Serangoon, Hougang, Yio Chu Kang and Tai Keng Gardens will be supplied from a local source. The PUB said
        71 words
    • Article
      Action plan to bring back Japanese visitors
      364 2  -  By Hong Lee Tiam THOUGH they have agreed that there is no quick-fix solution to the drop in the number of Japanese visitors to Singapore, leading Japanese tour wholesalers and their Singapore counterparts at the Japan-Singapore Tourism Conference have hammered out an action
      364 words
    • Article, Illustration
      Government to spend more on education
      423 2  -  By Quak Hiang Whai THE government will increase its expenditure on education bccausc it is worth investing in its people who arc "all we have", Prime Minister Goh Chok Tong said during a community visit to Marsiling yesterday. During a dialogue session with grassroot
      423 words
    • Article
      US Embassy forecasts 5pc growth for S'pore
      273 2 OVER the long term, the Singapore economy will most likely settle down to a growth rate of around 5 per cent, a more sustainable pace for an increasingly mature, serviceoriented economy, says the US Embassy. The embassy's latest economic trends report on Singapore,
      273 words
    • Article
      Raffles Country Club woos more members
      224 2 THE Raffles Country Club is wooing more corporations and foreign individuals. In a statement issued over the weekend, the club said it would open two new membership categories to cater to companies, new investors and top management staff at the Jurong Town Corporation's industrial
      224 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      227 2 I j v i« MoT *rH**» A'Vr 4 law* tf*+ WM «i" I -mi* W*. «f >| *—rir,: I a :JPI 1 i --^^jT^i^r^rL^rw"^-i iag^^.if.*'7KT."<EsmV ,2Mi%3MHHiMI^— WBL L-i w*Jf*2-*® IS&i. C3HHuTT* MSffrlff ;<#^f, n r v ifijfff The new Travel Mate 3000. Texas Instruments adds more muscle to the best
      227 words
    • Advertisement
      Page 2 Advertisements Column 2
      349 2 £0® CRANFIELD SEMINARS FOREIGN EXCHANGE MANAGEMENT AND STRATEGY FOR THE 1990s By Professor Adrian Buckley 15th August 1991 FEE: ***** Inclusive off lunch, rofroshmonts and court* materials Jointly Organised By Cranfield School of Management and KPMG Feat Marwick Management Consultants pte ltd OBJECTIVES: This seminar is designed to show how
      349 words
Page thumbnail Page 3
  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Clemente Capital in fund venture with Tsang and Ong
      476 3  -  Setting up mutual fund for global investments From Al O Labita Jr in MANILA NEW YORK-BASED Clemente Capital and Tsang and Ong Stockbrokers Pte Ltd of Singapore have agreed to put up a US$25 million (5542.5 million) mutual fund for global
      476 words
    • Article, Illustration
      Inter-Pac to pay IGB M$60m for 10pc stake in Berjaya
      507 3  -  Group's holding in Beijaya increases to 71.3 pc By Lee Han Shih YET ANOTHER surprise development has popped up from the break-up of the "Chinese business troika" in Malaysia, with the InterPacific group announcing that it is buying a huge
      507 words
    • Article
      Lock icon Nanyang share deal reasonable: HL Credit
      249 3 NST KUALA LUMPUR Hong Lcong Credit Bhd has recommended that its shareholders vote in favour of the sale of its 5 per cent stake in Nanyang Press (Malaya) Bhd to Hume Industries (M) Bhd. The disposal by Hong Leong Credit's wholly-owned subsidiary Hong Leong
      NST  -  249 words
    • Article
      Sale of Berjaya's Singer shares fair: adviser
      313 3 KUALA LUMPUR The terms of Berjaya Corp's proposed disposal of 49.76 million shares of Msl each representing 33.18 per cent in Singer Holdings to Sports Toto Holdings for M 5209.1 million (S$ 132 million) in cash has been termed as fair and reasonable
      313 words
    • Article
      Lock icon M'sian nominee companies also bound by disclosure rules
      380 3 Bernama KUALA LUMPUR Nominee companies, which are subsidiaries of banks or other financial institutions, are also bound by the provisions of section 69a of the Companies Act 1965, which require the disclosure to the Registrar of Companies all necessary information and particulars
      Bernama  -  380 words
    • Article
      Pelangi plans to build condo units, office tower
      247 3  -  From Salil Tripathi in JOHOR BARU PELANGI BERHAD. a member of the huge Kuok group, is forging ahead with new projects in Johor Baru. Its chairman. Tunku Osman Ahmed, disclosed this at the inaugural opening of Johor Baru's newest shopping mall. Plaza
      247 words
    • Article
      Lock icon Wing Teik to boost its steel pipe operations
      228 3 NST KUALA LUMPUR Wing Teik Holdings Bhd will spend Ms 7 million (554.4 million) to expand its steel pipe manufacturing activities to include upper-end products. Chairman Tan Sri Dr Mohamad Rashdan Haji Baba listed the upper-end products as ductile iron pipes, carbon
      NST  -  228 words
    • COMPANY BRIEFS
      • Article
        Call for all M'sian states to have broking firms
        80 3 KUALA LUMPUR The Kuala Lumpur Stock Exchange submitted a memorandum to the Finance Minister earlier this month recommending the establishment of stockbroking firms in states without this facility, the New Straits Times reported on Saturday. The exchange also recommended the setting
        80 words
      • Article
        Pelangi pre-tax profit up 59pc
        145 3 KUALA LUMPUR Pre-tax profit of Pelangi Bhd group rose 59.26 per cent to M 522.49 million (5514.1 million) on an 8.74 per cent increase in turnover to M 570.33 million for the year ended March 31, 1991. A year ago, corresponding figures were MS 14.12
        145 words
      • Article
        Sale of AMMB shares approved
        117 3 KUALA LUMPUR The sale by Antah Holdings of 19.25 million Arab-Malaysian Merchant Bank (AMMB) shares to Temerloh Rubber Estates Bhd for MS 115 million (5572.3 million) or MS6 a share has been approved by Bank Negara. A statement from Antah said that none of the
        117 words
      • Article
        Selangor Dredging pre-tax up
        105 3 KUALA LUMPUR Selangor Dredging Bhd has reported an 86 per cent rise in its operating pre-tax profit to M 54.579 million (552.9 million) for the year ended March 31, 1991, up from M 52.452 million the previous year. This was made on a 5 per cent
        105 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      133 3 I 1 mmm—^ Which hotel will you stay in, daddy? A W ANA HOTEL SINGAPORE 11. Vll.ll S,n«,|«.i, >J 1*« nil.it t i I. 11. I Vllon U,-cm v.mi 1...V-I ..ti-iH ..i liu hold cii.cn I ~v H...1 -r M..H.1 M.v \N \||S|\ KS'-'IMT 1.1 I Avoid i THE USUAL
      133 words
Page thumbnail Page 4
  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Fairfax bid: bond holders may forego voting rights
        113 4 SYDNEY Chairman Conrad Black said the US junk bond holders in his consortium vying for Australia's John Fairfax Group of newspapers may forego voting rights in order to win the bid. He said bond holders, being given 10 per cent equity in
        113 words
      • Article
        Sanyo profit forecast unchanged
        98 4 TOKYO Sanyo Electric Co Ltd has not altered its group net profit forecast for the year ending Nov 30 from a January forecast of 18 billion yen, the consumer electronics maker said last Friday. Group net profit was 17.50 billion yen the year before. Group sales
        98 words
      • Article
        Camar field: production to begin
        116 4 LONDON The start-up of oil production at Enterprise Oil pic's Indonesian Camar field is imminent, a company spokesman said. Production is likely to reach 16,000 barrels per day over a field life-span of seven years. Recoverable reserves are 14 million barrels, a source familiar with
        116 words
      • Article
        Kansai uses non-Big Four broker
        109 4 TOKYO Kansai Electric Power Co Inc has chosen Kankaku Securities Co Ltd and New Japan Securities Co Ltd as lead managers of a 60 billion yen bond issue, underwriting sources said last Saturday. Kansai Electric is the third Japanese company in the past month to
        109 words
      • Article
        Thai golf course joint venture
        81 4 BANGKOK Central and Athakravisunthorn groups have announced a 2,000 million baht joint venture to develop the Vintage Club 18-hole golf course on Bangna-Trat Highway, reports Bangkok Post. Fairway Estate Co, the joint venture company set up by Central Group, Athakravisunthorn Group and ADI Corporation of
        81 words
    • Article, Illustration
      Lock icon Tokyo cuts ties with big Japanese contractor
      327 4 Japan Aviation suspected of illegal dealings with Iran Reuter TOKYO Japan's defence ministry will no longer do business with a major Japanese military contractor suspected of illegally repairing and shipping missile parts to Iran during its 1980-88 war with Iraq, a ministry spokesman
      Reuter  -  327 words
    • Article
      Jakarta urges state railway to implement reforms
      347 4 Minister says it's the way to boost profitability JAKARTA The Indonesian government wants the State Railway Corporation (Perum KA) to implement reforms to boost profitability, says Minister of Transportation Azwar Anas. According to the Jakarta Post, Mr Azwar said that the government wanted
      347 words
    • Article
      Lock icon S Korean garment firm charged with pirating computer programs
      190 4 Reuter SEOUL Seoul prosecutors, acting on a complaint by US software producers, have filed criminal charges against a South Korean garment firm for pirating computer programs for its own use. The case against Pacific Fashion Co Ltd is the third initiated
      Reuter  -  190 words
    • Article
      Mitsubishi to go ahead with 1.4b-baht car assembly plant
      505 4 BANGKOK Mitsubishi will proceed with the 1.4 bil-lion-baht (Ss9s million) investment in a new car assembling plant for export as it reported both sale and market share increases last month, said The Nation. Vaehara Phanchet. deputy managing director of MMC Sittipol
      505 words
    • Article
      CP Group irked by delay in Thai phone project
      322 4 BANGKOK Apparently fed-up with the delay over the controversial telephone line expansion project, the Charoen Pokphand Group has asked the Telephone Organisation of Thailand (TOT) to hurry up and sign an agreement for it to undertake the entire three-million-line installation as
      322 words
    • Article
      Lock icon Pertamina plans to continue 14-year tussle over US$78m
      242 4 AFP JAKARTA Indonesia's state oil firm Pertamina vowed on Saturday to continue its 14-year legal battle to recover a US$7B million fund which has been frozen at a Singapore bank, pending a court dispute with the widow of one of its former
      AFP  -  242 words
    • Article
      Lock icon ICI unit sues over chemical dumping
      147 4 Reuter SYDNEY ICI Australia Ltd is taking court action to stop European, Asian and American companies from dumping chemical products in the Australian market. Spokesman Bruce McAllen said last Friday that the companies have been dumping polythene and sodium cyanide in the Australian market
      Reuter  -  147 words
    • Article
      Plans for Thai property firm to be listed in two years
      319 4 BANGKOK The Techapaibul Group is planning to list one of its real estate development companies on the Stock Exchange of Thailand (SET) within the next two years. Lieutenant Veeradej Techapaibul, who looks after the group's real estate business, told
      319 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      157 4 TANG SAN ANTIQUE HOUSE i cordially invite p the pleasure of your company to MING AND QING DYNASTIES ANTIQUE FURNITURE EXHIBITION (WU MH WOOD) VVu Mei, Zitan Huang Huali, Jichi, Duan, Blackwood And Klmwood. Venue: Mandarin Singapore Reception Hall (sth Floor, South Wing) 333, Orchard Road, Singaporeo923 Date 26-7-91 till
      157 words
    • Advertisement
      Page 4 Advertisements Column 2
      79 4 ICI restructuring may lead to 20,000 job cuts, Pg 5 ts2BBj| eiSn vlv P\\JNt/ J il.ibfc,Madel V /\A/\ A /\t\ aT^\ yW\ parf\.rfe imtyHed fr<yn \y SUNNY Fife resislanc€ Auto-relocking Device SAfp ca Open Plan Office J9S JBt> 465W 4 T 9O b6SM $338? K V Mod®l 40A Ovefali SUOW
      79 words
Page thumbnail Page 5
  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon ICI's restructuring may lead to 20,000 job cuts
      397 5 FT LONDON Imperial Chemical Industries' £300 million (SSB79 million) reorganisation programme is likely to lead to a loss of about 20,000 jobs. It could involve the sale or demerger of ICl's industrial division, which owns most of its heavy chemical interests. Between
      FT  -  397 words
    • Article
      Lock icon Fujitsu asks court to rule on patent dispute with TI
      444 5 NYT TOKYO Fujitsu Ltd has announced that it has asked the Tokyo District Court to rule on a patent dispute with Texas Instruments Inc (TI). Semiconductor industry analysts said the action was symbolic of Japanese companies that are increasingly becoming
      NYT  -  444 words
    • Article, Illustration
      Lock icon Hanson may mount ICI takeover bid after polls
      184 5 Reuter LONDON Lord Hanson will delay any takeover bid for Imperial Chemical Industries (ICI) until after the next UK general election, long after ICl's results on Thursday, analysts said. The political climate is crucial to a Hanson bid, and ICl's first-half results,
      Reuter  -  184 words
    • Article
      Lock icon Asil Nadir's creditors to sell his companies' shares
      236 5 Reuter ISTANBUL Creditors of Asil Nadir, chairman of the collapsed Polly Peck International pic, have decided to sell shares they hold as security in his Turkish publishing. printing and airlines businesses. The offer came in an advertisement which appeared in Friday's edition
      Reuter  -  236 words
    • COMPANY BRIEFS
      • Article
        Zenith Electronics posts US$27m loss
        112 5 GLENVIEW, Illinois Zenith Electronics Corp has reported a second-quarter loss of U5526.9 million, compared with a loss of US$ll.2 million in the 1990 period. Zenith chairman Jerry K Pearlman last Friday said major cost reductions ot US$l3 million were more than offset by lower sales
        112 words
      • Article
        Salomon invests in rail project
        102 5 LONDON Salomon Holding Co, a subsidiary of Salomon Inc, said last Friday that it would become a founding shareholder in TAV SpA, the company which will develop Italy's future high speed train network. A spokeswoman for Salomon said the company would provide 1.5 per cent
        102 words
      • Article
        Kellogg's sales rise 12.4pc
        90 5 BATTLE CREEK, Michigan Kellogg Co, battling intense competition in the domestic and international cereal markets, last Friday announced increases of about 12 per cent in sales and earnings for the second quarter of 1991. Net sales for the quarter ended June 30 totalled US$l.4l billion, up
        90 words
      • Article
        Dutch group buys Soviet firm
        92 5 BREDA The Dutch Begemann group has become the first Western firm to buy a Soviet enterprise, it was announced here last Saturday. Begemann. which produces industrial equipment, systems and components, has acquired 50 per cent of the Tsemaszh food processing plant near Moscow. The Joep
        92 words
    • Article
      Lock icon Brent Walker chief expects loan revamp accord by midweek
      309 5 Reuter LONDON Brent Walker Group pic's new chief executive Ken Scobie said he hoped to be able to complete critical talks with banks to restructure the firm's £1.4 billion (SS4.I billion) of debts by the middle of this week. "Mid-week is
      Reuter  -  309 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      45 5 Mazda 929 mm is not conspicuous consumption. PpM§BßßgMy|^^^^^^^^H^^^B For the full facts and the opportunity to test drive the remarkable 2184 cc Mazda 929 Premium, please contact Mazda Motor (Singapore) Pte Ltd 1 Kampong Ampat Singapore 1336 Tel: 288 1787/280 4666 Fax 282 3396 rWs^^B^^^C3i
      45 words
Page thumbnail Page 6
  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Unit trusts sold through newspaper ads in HK
        71 6 HONGKONG Investors in Hongkong need look no further than their Sunday paper to buy unit trust shares, under a new scheme launched over the weekend by a local securities house. Jardine Fleming said it is the first in Hongkong to offer investors
        71 words
      • Article
        Frankfurt probe nets 25
        47 6 FRANKFURT Officials investigating alleged insider trading on the Frankfurt stock exchange have spread their net to cover 25 people. Among those suspected are dealers employed by banks and private traders, and the investigation concerns the manipulation of prices of shares and of options.
        47 words
      • Article
        Six US insurers downgraded
        71 6 NEW YORK Moody's Investors Service said on Friday that it was lowering its ratings of six of the US's largest life insurers: John Hancock, Massachusetts Mutual, Mutual Life of New York, New England Mutual, the Travelers and Principal Mutual. What links the insurers downgraded is that
        71 words
      • Article
        Mizuno launches ECU warrants
        44 6 TOKYO Japanese sporting goods manufacturer Mizuno Corp is launching a warrant bond issue in European Currency Units (ECU), the First in the ECU warrant sector since 1988. Mizuno plans to raise 70 million ECU (S$ 140 million) from the issue.
        44 words
      • Article
        Tokyo broking officials spared
        39 6 TOKYO Ruling-party legislators have blocked efforts to summon officials of Japan's major brokerage houses to testify before a parliamentary committee about the involvement of their Firms in two scandals that have rocked the securities industries.
        39 words
      • Article
        Part of BCCI's Swiss unit sold
        38 6 GENEVA Turkish financial group Cukurova Holding has bought 85 per cent of Banque de Commerce et de Placements SA (BCP), the Swiss subsidiary of Luxembourgbased Bank of Credit and Commerce International SA.
        38 words
    • Article, Illustration
      Lock icon Career of head of Bank of England may be hurt
      543 6 The BCCI crisis AFP LONDON The spreading controversy over the shutting down of the Bank of Credit and Commerce International (BCCI) by the Bank of England two weeks ago is likely to damage the career of the central bank's governor,
      AFP  -  543 words
    • Article
      New part-time insurance courses soon
      260 6  -  By Soh Tiang Keng TWO new programmes to upgrade the insurance expertise of Singapore will be launched next year by the Singapore Insurance Institute (SII). One is the general insurance diploma programme and the other is the reinsurance certificate course. This was revealed on Saturday
      260 words
    • Article
      Lock icon Shake-out seen in M'sian insurance
      229 6 Bernama KUALA LUMPUR The general insurance is in crisis and a radical shake-out is expected in the industry, according to a report by PA Consulting Group. The shape of the industry on a worldwide scale of five years would be radically different. with banks and
      Bernama  -  229 words
    • Article
      Lock icon Tokyo scandal spreads to small firms
      244 6 AFP TOKYO Smaller securities houses were reported on Saturday to have also compensated favoured clients for market losses in Japan's widening stock scandal, which began with the nations' four biggest brokerages. Gaishi Hiraiwa. president of the Federation of Economic Organisations, meanwhile called on unnamed
      AFP  -  244 words
    • Article
      Lock icon Pension funds caused Mutual Life run
      276 6 Reuter NEW YORK Mutual Benefit Life Insurance Co, the Newark. New Jerseybased company that became the largest US insurer ever to be taken over by a government, was the victim of a run not by panicky individual policyholders but by big pension funds. New
      Reuter  -  276 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      740 6 Union Bank of Switzerland Balance Sheet as of December 31, 1990 Liabilities Assets 1989 1990 1989 1990 Thousand Swiss Francs Thousand Swiss Francs AQ oio Due to banks 46,077 956 49,218,802 Cash, dealing and postal checking accounts 1,759.805 1,892,525 Due lQ Qn 5,389,234 5,231,957 Due from banks 44,202,071 42,015,050 Due
      740 words
Page thumbnail Page 7
  • THE REGION
    • Article
      M$300m resort project planned for Johor
      387 7  -  Joint- venture between Singaporean and Malaysian partners By Sangeeta Mulchand SINGAPORE A MS3OO million (SSIB9 million) mega resort is being developed in Johor by a company majority owned by Koon Hoe, owner and developer of the Marina Bay Golf and Country Club. The 480-acre
      387 words
    • Article
      Lock icon Expat Chinese emerging as the Third Wave in S-E Asia
      548 7 Asahi TOKYO "Among us Chinese traders, our bibles were the books written by Alvin Toffler and Ken Ohmae," joked Muktar Widjaja, director of the Sinar Mas Group, one of Indonesia's leading industrial combines. He was referring to the American writer
      Asahi  -  548 words
    • Article
      Lock icon Jakarta to stop imports of mini buses, trucks
      270 7 AP JAKARTA The government will rcimposc an import ban on small buses and trucks because of falling demand. officials said on Saturday. Soaring prices caused by shortages in supply had led to a government decision last October to allow imports of mini
      AP  -  270 words
    • Article
      Lock icon Viet economist calls for regional grouping and fund
      202 7 UPI BANGKOK A Vietnamese economist and Member of Parliament last Friday proposed a regional grouping and an Indochina development fund to boost efforts to transform the communist economics of the region into market-based systems. "A powerful regional committee on a ministerial level
      UPI  -  202 words
    • NOTE BOOK
      • Article
        Moscow seeks M'sian credit to buy palm oil
        90 7 KUALA LUMPUR The Soviet Union has requested a US$2OO million (Ss3so million) credit from Malaysia to purchase palm oil, Primary Industries Minister Lim Keng Yaik said on Saturday. "I will make a recommendation to the government on the request considering the volume
        90 words
      • Article
        KL, Jakarta form commission
        65 7 KUALA LUMPUR Malaysia and Indonesia last Saturday signed a memorandum of understanding to establish a joint commission to enhance cooperation and bilateral relations. Both countries were represented by their foreign ministers, Abdullah Ahmad Badawi for Malaysia and Ali Alatas for Indonesia. The commission will encompass various
        65 words
      • Article
        Aussies plan Korean beef office
        73 7 CANBERRA The Australian Meat and Livestock Corp plans to open a marketing office in South Korea, its third largest beef export market, the corporation said on Saturday. Managing director Bruce Standcn said export growth had been "dramatic" since South Korea began importing beef two years
        73 words
      • Article
        Resolving border disputes faster
        68 7 KUALA LUMPUR Malaysia and Thailand agreed yesterday to establish a more effective mechanism to prevent border disputes from developing into serious conflicts, Malaysian Foreign Minister Abdullah Ahmad Badawi said. He said after talks with his Thai counterpart Arsa Sarasin that both sides perceived a need to
        68 words
      • Article
        Police lied to Saudis: Thai PM
        95 7 BANGKOK Prime Minister Anand Panyarachun has accused Thai investigators of lying to Saudi Arabian counterparts over the murder here of three Saudi Arabian embassy officials, a press report said yesterday. The Nation quoted Mr Anand as saying that Thai authorities had passed "faulty information
        95 words
      • Article
        M'sian trade mission for US
        53 7 KUALA LUMPUR Deputy Minister of International Trade and Industry Chua Jui Meng will lead a trade mission to the US and Canada from Sep 1 to 15, the ministry said on Friday. The mission is aimed at promoting the export of Malaysian manufactures and semi-manufactures
        53 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      274 7 ■jMpnVii iipHin H J corporate h Pv j|M|B 31b2 e?3H5b oioool 1 WEE KOK WAH if Kt4c Wah. Managing Pimtor. Stamford Tyres lntcmatn»nal (S) Pre LtJ^ STAMFORD TYRES WTI P t W Success... Comes With The Right Partners "From a small tyre retail shop, we have grown into an international
      274 words
Page thumbnail Page 8
  • THE WORLD 1
    • Article
      Lock icon Reforms needed for India to avoid stagflation: report
      384 8 Budget curtain-raiser calls for deficit cut Reuter NEW DELHI India must introduce structural reforms to avoid "stagnation", the government said last Saturday in an economic survey ahead of this week's budget. The Economic Survey, presented to Parliament four days before the 1991-92
      Reuter  -  384 words
    • Article
      Lock icon Seoul rice due for N Korea
      115 8 AP SEOUL South Korean workers last Saturday began loading 5.000 tonnes of rice aboard a ship to be sent to communist North Korea in the first direct deal between the two countries. The Condor would leave the south-eastern port of Mokpo around July 28
      AP  -  115 words
    • Article, Illustration
      Israelis protest for peace
      54 8 JERUSALEM Israeli protesters shouting pro-peace slogans last Saturday in front of a placard showing Prime Vlinister Yitzhak Shamir sitting with Syrian President Hafez al-Assad. About 200 people from leftist parties took part in the protest a day before US Secretary of State James Baker's visit to
      54 words
    • Article
      Lock icon Kim Dae-Jung holds key to govt revamp
      342 8 AFP SEOUL South Korea, long under the thumb of all-powerful presidents, could adopt a parliamentary system of government next year if opposition leader Kim DaeJung loses the general elections as expected, say sources. The constitutional change is being sold as a way to
      AFP  -  342 words
    • WORLD WATCH
      • Article
        Pakistani Senate passes special powers Bill
        82 8 ISLAMABAD Pakistan's Senate has approved a controversial constitutional amendment giving the central government emergency law and order powers. The Bill, described by j opposition leader Benazir Bhutto of the Pakistan Peoples Party as "fascist", was passed 65 to six by the Senate last Saturday,
        82 words
      • Article
        China faces inflationary pressure
        96 8 BEIJING Mounting debt defaults and strong demand for loans following severe flooding will increase inflationary pressure in China in the second half of the year, says a central bank official. "The financial situation in the second half of this year will allow no room for optimism,"
        96 words
      • Article
        Driftnet sanctions sought in US
        103 8 WASHINGTON An Alaskan senator wants to ban immediately imports of fish products from Taiwan and South Korea in response to new evidence that the two countries are violating driftnet fishing prohibitions in the North Pacific. An internal US government document obtained last Friday said both
        103 words
      • Article
        Call to cut Bonn corporate taxes
        74 8 FRANKFURT Corporate taxes should be cut by 1994 to ensure the future attractiveness of Germany for investors, says Economics Minister Juergen Moellemann. He told the Frankfurter Allgemeine Sonntagszeitung newspaper that German tax rates were clearly higher than those in most other industrial nations and
        74 words
      • Article
        France allowed to curb imports
        67 8 BRUSSELS The European Commission is allowing Franee to restrict the number of Chinese and South Korean car radio sets and South Korean colour television sets it is importing through other EC members. The go-ahead was given last Friday under a special safeguard clause in the
        67 words
    • Article
      Lock icon S Korea can sustain economic growth at 7 to 8pc: IMF
      354 8 AFP SEOUL South Korea can sustain a rate of economic growth of between 7 and 8 per cent a year but must be careful to avoid an inflationary overheating, says the International Monetary Fund (IMF). In its annual "observations"
      AFP  -  354 words
    • Article
      Lock icon G-7 summit did little for trade reform: analysts
      364 9 Reuter WASHINGTON In spite of its strong commitment to world trade reform, the London Group of Seven summit last week was seen in the US as not doing much to revitalise the stalled effort to modernise the global trading system. Paula Stem,
      Reuter  -  364 words
    • Article
      Lock icon Tokyo boosting technical, financial aid to Moscow
      387 9 NYT TOKYO In line with an agreement made among the leaders of the Group of Seven (G-7) nations for stronger support for the economic reform of the Soviet Union, a Japanese government agency and a government banking institution have started making moves to
      NYT  -  387 words
    • Article
      Lock icon Gulf crisis had boom and bust effect: UAE minister
      219 9 AFP ABU DHABI The recent Gulf crisis has hit the economies of regional states but benefited them in terms of oil income, says a United Arab Emirates (UAE) minister. "The crisis has had some positive effects, mainly an increase in oil
      AFP  -  219 words
    • Article, Illustration
      Lock icon G-7 talks change few things for Gorbachev
      447 9 AP MOSCOW Soviet President Mikhail Gorbachev's meeting with Western economic leaders last week affirms his stature as a statesman but will not end the political battle over economic reforms, say politicians and economists. "It doesn't influence his position at all" in the economic
      AP  -  447 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      610 8 II SEC II I SYSTEMS EDUCATION CENTRE (1983) PTE LTD I I Presents I I COMPUTER AIDED SOFTWARE I I ENGINEERING (CASE) I 19-20 August 1991 I Computer Aided Software Engineering (CASE) is now H becoming a standard software used by computer H H professionals in most large DP shops
      610 words
    • Advertisement
      Page 8 Advertisements Column 2
      270 8 DATE 1991 TITLES SPEAKERS 3 AUG How to manage your business Mrs Ter Kah Leng, Senior Lecturer within the law Dept of Business Policy 17 AUG How to develop an effective Mr Chua Joon Eng, Vice-Dean business plan Faculty of Business Administration 7 SEP How to obtain bank financing Dr
      270 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      67 9 Special Luncheon Promotion A La Carte also available TU* /a/acc Teppanyaki Set Lunch h an L p unch $20.00++ Per Person. $12 00++ Per PerSon 24 Hours Coffee House. Person Western and Local Set lunch L >. ,f D 1 @$12 00.. Per Person. fTf 0 1 @$12.00+ For 2-3
      67 words
    • Advertisement
      Page 9 Advertisements Column 2
      70 9 pi 0 Q For clearer, cheaper and more reliable faxing from your machine, shoot this coupon back to us. r 1 I Available to Japan, Philippines, Taiwan, Thailand and the USA. I I Name Title I I Company f Address Telephone No I "fif* x Singapore Telecom Q Q A
      70 words
Page thumbnail Page 10
  • ANALYSIS
    • Article, Illustration
      Lock icon Asean takes a big step forward
      1406 10  -  The 24th Asean ministerial meeting made strides in laying the groundwork for the Singapore summit to be held in January. As the foreign ministers begin to meet their dialogue partners, Yang Razali Kassim, reporting from Kuala Lumpur, wraps up what has been achieved and
      Photo by Tan Suan Ann  -  1,406 words
    • Article
      Lock icon US firms in no hurry to return to South Africa
      769 10 US economic sanctions against South Africa have been lifted, but there are still risks for firms which want to return to the country UP An invitation from the South Africa Foundation asking American businesses to return to the country now
      UP  -  769 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      337 10 SINGAPORE INSTITUTE OF WESTERN PACIFIC PURCHASING SUPPLY CONSULTING GROUP COST SAVIN 6 TECHNIQUES ON MATERIALS MANAGEMENT Ist ft 2nd August 1991 Introduction Much has been said about the relevance of materials management in today s industry. This relevance becomes totally diluted if incorrect or out dated techniques are employed Ask
      337 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 DOONESBURY by garry trudeau mmzAK I NOTSO I'P K)! CAN YOU emruw Japs 600P 101 this stuff to peal- PIAYTHS th&blwup &'2nffJL ja?Ay? fcoW*nßi**aio*.. MnllM ALMOST A YEAR I JUST HOPE HIS GOOP TO HPSGONNAHm FAMtL-V HAS ENOUGH emicuoßszßz- seme TO 3ACK OFF TOO„*OM. n&5 FINALiY BccN BNTRY SHOCK IJMTILTHF
      55 words
Page thumbnail Page 11
  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Firms that show they care
      811 11  -  Flag Day and the übiquitous coin-collecting tin will never go out of style but these days it is the rustling of the corporate cheque that is heard more and more. Dawn Tan reports Dawn Tan CORPORATE voluntecrism, where more often than not big companies dish
      811 words
    • Article, Illustration
      Lock icon Managing best on their own steam
      1045 12  -  As more companies organise their workers into teams, they often find not only the productivity rising, but also the human and corporate costs becoming more evident. Barnaby Feder reports Barnaby Feder NYT Monsanto Corporation's huge chemical and nylon complex in the Florida coast port
      NYT  -  1,045 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      471 11 introducing Community Chest Star Buys. Singapore Now, it won t cost you any more to share jf ™SiT<* s *Star Buys', a month-long fund-raising campaign by the Community Chest of Singapore I I As anyone with a passing in particular. Stacked with picked up Japan's top design the Alpha series
      471 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      269 12 rv v-.-v*. t"-• 1 f\ V-■KttgSs£-j .s. a: \lll!B^iSl^^B^BP^^^T§fsB^ I 7 'fFr- :w B f-;:>>- V:^' -^y* lljj PIW£ fpr- y-. Wsgmi WB JS4 ||gH| B> ;v>T. V?1«^8BBH f Vr. .ifrfflmTiSi r P^slWß I fl W«H^3B WHW I WTio could fail to be impressed and inspired by such "MB!"'' With
      269 words
Page thumbnail Page 13
  • SPORTS 1
    • Article, Illustration
      Lock icon Baker-Finch's feeling good
      817 13 British Open AP SOUTHPORT. England lan Baker-Finch, who's been there before, has "a very good feeling" about the 120 th British Open. Mark O'Meara, who very nearly wasn't here at all, has an entirely different feeling. He's hurting, gulping over-the-counter medicine and sleeping on the floor to
      AP  -  817 words
    • Article
      Lock icon Hill rides the winds to three-shot lead
      310 13 AP AURORA, Illinois The hot, summer winds were blowing and Mike Hill rode them on Saturday to a round of 66 and a three-stroke lead in the US$5OO,OOO (S$850,000) Ameritech Senior Open. Hill, an excellent player in windy conditions, rode Saturday's 6-under round
      AP  -  310 words
    • SIDE LINES
      • Article
        Capriati to face Seles in Pathmark final
        96 13 MAHWAH. New Jersey The Pathmark Tennis Classic got what it wanted: Monica Seles and Jennifer Capriati in its final. It came, however, only after Kathy Rinaldi had almost ruined Seles's much-publicised return to tennis after skipping Wimbledon because of shin splints and a
        96 words
      • Article
        Fernandez wins easily
        76 13 NEWPORT. Rhode Island Top-seeded Mary Joe Fernandez breezed past third-seeded Marianne Werdel 6-3, 6-1 into the final of the Virginia Slims Hall of Fame Invitational exhibition tournament on Saturday at the Newport Casino. Fernandez was to face fourth-seeded Rosalyn Fairbank-Ni-detTer in yesterday's final. Fairbank-Nideffer ended her sevenmatch
        76 words
      • Article
        Sevil takes Appi Kogen
        70 13 TOKYO Overnight leader Jennifer Sevil of Australia carded an even par for an eight under par 208 total to win the Appi Kogen Ladies Cup golf tournament in northern Japan yesterday. Sevil, 27, brings home U5565,700 for the victory. Playing on the 6,243-yard, par-72 Appi Kogen
        70 words
      • Article
        Platt's on the move
        69 13 BIRMINGHAM, England England star David Piatt looks certain to move from Aston Villa to Italy or France. But he said on Thursday that he was clueless about a £6 million plus transfer talks between his club Aston Villa and Ban of Italy. French champions Olympique Marseille
        69 words
      • Article
        Broeck leads Pruitt
        56 13 CHATTANOOGA, Tennessee Lance Ten Broeck shot a 4-under-par 66 on Saturday and held a one-stroke lead over Dillard Pruitt after three rounds of the Chattanooga Gassic. Ten Broeck's score was his highest of the US$7OO,OOO PGA Tour event. He had an opening-round 64 and shot 65 on
        56 words
      • Article
        Wamba clinches crown
        130 13 PALERMO. Sicily Anaclet Wamba took the World Boxing Council (WBC) cruiserweight crown from Massimiliano Duran at the second attempt when the Italian, bleeding heavily from a cut on the temple, retired in the 11th round on Saturday. The African-born French boxer took control after a promising start
        130 words
    • Article, Illustration
      Lock icon Hampsten breaks away from worries
      499 14 Tour de France NYT CAST RES, France Andy Hampsten, who has often been accused of overthinking the sport of bicycle racing, has decided to stop worrying and planning. His new attitude to the Tour de France? Wing it. "I'm just going to ride it as
      NYT  -  499 words
    • Article
      Lock icon King extends lead to three shots
      277 14 AFP NEW ROCHELLE, New York Betsy King is not happy with her putting, but it did not show on Saturday as she fired a four-under-par 67 and opened a three-shot lead after three rounds of the Big Apple Classic. King, the defending champion, scored
      AFP  -  277 words
    • Article
      Lock icon Lewis storms ahead to win 100m in style
      537 14 AP NEW YORK A patient Carl Lewis blazed to an impressive victory in the men's 100 metres and flamboyant Sandra Farmer-Patrick continued her domination of the women's 400-metre hurdles on Saturday in the New York Games at Columbia University's Wien Stadium. Meanwhile,
      AP  -  537 words
    • Article
      Lock icon Cram's comeback on course
      269 14 AFP NEWCASTLE England's world mile record holder Steve Cram took his first successful steps on the comeback trail on Saturday and then revealed he almost quit athletics this year because of his injury nightmare. Cram, running his first track race for more than nine months at
      AFP  -  269 words
    • Article
      Lock icon Agassi, Korda in Washington finals
      397 14 AFP WASHINGTON Andre Agassi had no complaints on Saturday after powering his way past sixth-seeded Peruvian Jaime Yzaga in the semifinals of the Washington Tennis Classic. Agassi, the top seed and defending champion, broke Yzaga's serve four times and made few mistakes as he cruised
      AFP  -  397 words
    • Article, Illustration
      Lock icon Stich overtakes Lendl in world rankings
      178 14 AP STUTTGART, Germany Wimbledon champion Michael Stich beat Spain's Francisco Clavet and Argentina's Alberto Mancini defeated Lars Koslowski of Germany on Saturday to reach the final of the US$l million (SSI.7 million) Mercedes Cup. The top-seeded Stich took an early lead and dominated with
      AP  -  178 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      197 13 Y 5 S Special Steel Are your profits slipping through the cracks? x: ,/r:* 1 t, iA^r Thanks to a Hitachi Metals technique call- Our New Technical Approach Actual results using YSS steals ed Isotropy, dies made of our YSS special steels can last many times longer than with ISOXI
      197 words
    • Advertisement
      Page 13 Advertisements Column 2
      246 13 mm Wtti mtmMKm *i j&£ i. The Evolution Of An Exclusive Cuib The Honma golf club not only anticipates all levels of skill on a golf course, it can make your wishes come true: to play better golf, all round. The Honma club will, in its own fashion, make a
      246 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      155 14 MIX 200 YEARS OF AMERICAN HISTORY AND CULTURES AND YOU'LL HAVE THE CUISINE OF THE NEW ORLEANS. The New Orleans specialises in the exciting New Wave American cuisine plus the traditional Cajun and Creole cuisine for which The New Orleans has created a reputation. Whether you want the taste of
      155 words
    • Advertisement
      Page 14 Advertisements Column 2
      199 14 Archive PCB ASSEMBLY EQUIPMENT FOR SALE FOLLOWING EQUIPMENT IN GOOD WORKING CONDITION TO BE SOLD "AS-IS-WHERE-IS" BASIS. Quantity XML 1. Fully operational air-conditioned manufacturing facilities (21,000 sq ft) 2. Dynapert DIP Inserter 2 units 1985 3. Dynapert Sequencer -80 stations 1 unit 1985 4. Dynapert Axial Comp. Inserter 1 unit
      199 words
Page thumbnail Page 15
  • THE ARTS 1
    • Article, Illustration
      A display of inner elegance and serenity
      485 15  -  PY Van reviews the Allegri String Quartet P Y Van The members of the Allegri String Quartet are seasoned performers, a point that was quickly established last Wednesday night at the Victoria Concert Hall. Their playing had the inner elegance and serenity that
      485 words
    • Article, Illustration
      Lock icon Leaping from rock to classical
      849 17  -  Allan Kozinn on the recent rash of unexpected rock world conversions to classical music Allan Kozinn NYT ONE wishful theory advanced by classical music enthusiasts is that as rock-and-roll fans grow up, their tastes will eventually become more refined and they will find their way
      NYT  -  849 words
    • Article
      An articulate performance
      610 17  -  CD review by Chin Lian Khion Chin Lian Khion 'Dagger Society' Suite Shanghai Chinese Orchestra Chorus of Shanghai Opera Dance Theatre Xia Fei-Yun (conductor) Hugo, HRP 741-2 THE beckoning fanfare of the suonas (buglelike Chinese instruments), the dynamic drumbeats, the tension from the sound of the pipas...
      610 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      543 15 SinGAPORE AIRLinES LimiTED (Incorporated in the Republic of Singapore) SINGAPORE AIRLINES LIMITED hereby gives notice that on 20 July 1991, the Company in General Meeting approved the allotment and issue of 4,000,000 ordinary shares of $1.00 each to Swissair Swiss Air Transport Company Limited ("Swissair") or its nominee at the
      543 words
    • Advertisement
      Page 15 Advertisements Column 2
      1719 15 J.R Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York Consolidated statement of income 1990 Consolidated balance sheet December 31 1990 In milium» Net interest revenue rtrrpi fvr shtirr ihitn Assets Ihfllars tn milium* Interest revenue $8 430 Cash and due from banks 2 200 Interest
      1,719 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      239 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly'' Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. to 2.30 p.m. Delicatc Yangzhou Dianxin. Dinner:6.3op.m.to 10.30 p.m. I^IMCI 5 A MKMIIKR OH'("1)1 1 1<)'l KI.S Horn .MM.AHM I lavelt
      239 words
    • Advertisement
      Page 16 Advertisements Column 2
      357 16 FLUM'Jj 111 *****1 l Malaysian Food festival Make your choice from the tempting array of Malaysian delights presented to you a la hawker style. Give your taste-buds a treat and send them to heaven with Plum's Malaysian Food Festival. There're even souvenirs for you to take home and return air
      357 words
    • Advertisement
      Page 16 Advertisements Column 3
      241 16 Weve spiced up Happy Hours. f Sugar 'N Spices is back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between Swim wear Fashion Plaza I~IonrEL« wA«M*coioutFui*invmNC Rraih kiutl Nftt>a|Nirr 07KI1H 1 Catch the Cuatro Calientes at the Bugis Lounge Yes. Singapore
      241 words
    • Advertisement
      Page 16 Advertisements Column 4
      335 16 PER^^ THE PINE COURT Amidst Imperial splendour, our chefs f/M«T& sta ge their highly-acclaimed performance of legendary Beijing cuisine to the satisfyWfiMi» faction of demanding diners To guarantee f your P la amongst the discerning, make I \1 your reservations earty f Ift Lunch :l 2pm to 2 30pm TRW
      335 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      872 16 TELEVISION AND RADIO um**v s >,"(*mrz:*s -.r*> x*#, .<**, j*+. <*** v m'~\ ww i ~im> ii »*m ■tiirii'U»rffm-rrr-rrT 7rTiTwii "inrrmiruM wwtiumjiii iji .mmi _i •"-•jrmtiiitjMrrH- --Tin i .1: ji-jh: U i LU i. r. jmtmm n mt* —11 ;m a* .xseww ujjj' IV J <iftPl9 7 S 600 Aksi
      872 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      230 17 AND ENTERTAIN Businessman's Buffet At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00++ per person. A ANA
      230 words
    • Advertisement
      Page 17 Advertisements Column 2
      340 17 mNhHHmlki /WiTM i Hlj u| |Bh It's a sign of quality. 1 When you re looking for quality, look for the Rosette because only those restaurants who meet the highest stan djrds of beef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK'S PLACE STEAK HOUSES
      340 words
Page thumbnail Page 18
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Foreign leads, N-Day run-up expected to boost prices
      5394 18  -  By William Chia THE Singapore stock market may be firmer this week due to positive developments in overseas markets and expectations of a pre-National Day rally. This view, expressed by UOB Securities Research in its weekly report, is shared by OCBC Investment
      5,394 words
Page thumbnail Page 19
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4046 19 Main Board Goodwood Park 1700 200 +13.3% SPH Foreign 1320 +80 +6.5% SIA Foreign 1930 +30 +1.6% Semb Ship>ard 650 20 +3.2% L&V150* 148 +17 13.0% Ilai Sun Hup 20* 225 *-16 +7.7% Keppel C Wrts 484 H4 +3.0% Robinson 430 +12 2.*J% L&M Wt
    4,046 words
Page thumbnail Page 20
  • MARKET REVIEWS
    • Article
      Lock icon A big fuss over Big Blue
      784 20 To many, IBM results mark the end of a worrisome second-quarter FT NEW YORK AS NEW YORKERS perspired outside in the near 100-degree heat of high summer, inside the huge air-con-ditioned trading halls of the stock exchange last week the market professionals sweated over
      FT  -  784 words
    • Article
      Things are looking up, or are they?
      882 20  -  LONDON By Ray Heath PINNED UP on the walls of many London offices is a card on which is written "Cheer up, things may be getting worse more slowly". Invariably it has a companion with the motto: "You don't have to be mad
      882 words
    • Article
      Lock icon Share market registers four consecutive falls
      464 20 AFP x my tokyo SHARE PRICES fell for Ihe fourth consecutive day on Friday in thin trading on the scandal-ridden Tokyo Stock Exchange, sending the Nikkei indicator below the psychologically important 23,000yen level. The Nikkei Stock Average of 225 selected issues in the market's
      AFP  -  464 words
    • Article, Illustration
      Property stocks fuel Hang Seng rally
      793 20 HONGKONG THERE was a champagne toast from the chairman of the Hong Kong Stock Exchange and other officials on Tuesday as the Hang Seng Index broke above 4.000. Profit-taking ensued, but sustained strong buying interest pushed the index to higher ground on Friday, which
      793 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        99 20 OFFSHORE and local buying boosted Australian stocks during the week. The market indicator, the All Ordinaries Index, rose 18.6 points to 1,550.5. The All Industrials Index gained 14.5 points to 2,361.7 and the All Resources added 20.2 points to 926.3. Daily turnover averaged AS 188 million during the week,
        99 words
      • Article
        JAKARTA
        149 20 PRICES slipped further on the Jakarta Stock Exchange (JSE) last week as more investors decided to cut their losses. The JSE index fell 1.7 per cent to close on Friday at 322.95 against 328.62 a week earlier. Daily average turnover rose to 6.36 million shares valued at 34.1 billion
        149 words
      • Article
        BANGKOK
        96 20 THE Stock Exchange of Thailand (SET) index rose by 2.62 points, or 0.38 per cent, to close at 677.33 points, compared with 674.71 points the previous Friday. The index gained 3.12 points on Monday, but fell 0.39 point on Tuesday, 22.99 points on Wednesday and 1.91 points on Thursday
        96 words
      • Article
        TAIPEI
        239 20 SHARE PRICES on the Taiwan Stock Exchange remained sluggish during a typhoon-shortened week marked by apathetic trading. Following the previous week's 4.7 per cent slide, the 232-issue weighted price index surrendered another 97.11 points or 1.8 per cent to wind up the week at 5.229.99 points on Thursday. Although
        239 words
      • Article
        SEOUL
        80 20 SOUTH KOREAN share prices gained 2.5 per cent last week on very active trading. The broad-based Composite Stock Prices Index closed Saturday's half-dav session at 652.74. up 16.24 points from a week ago. Average daily turnover rose to a remarkable 21.27 million shares, up from 15.6 million shares the
        80 words
      • Article
        BOMBAY
        111 20 INDIA'S stockmarket bulls pushed forward during the week, with the main Bombay Stock Exchange (BSE) sensitivity index closing at a record level for the year. The BSE sensitivity index closed at 1,455.5 points, up 13.6 points from last week, while the BSE national index gained 2.5 points to close
        111 words
      • Article
        MANILA
        172 20 THE Philippine stock market recovered on Friday as the government managed to defuse threats of a massive strike by rightist and leftist forces. Renewed interest in the oil sector due to reports on new exploratory drilling also buoyed the stock market at the end of the week, bourse spokesmen
        172 words
  • Page 20 Advertisements
Page thumbnail Page 21
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market turns around towards the weekend
      4450 21 MBT THE Kuala Lumpur stock market made a long-awaited rebound on the last two days of last week after a month of pronounced bearish sentiment. The market tracked a spiralling downward path as prices fell across the board on Monday, Tuesday and Wednesday, in
      MBT  -  4,450 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      95 21 *||f y-' It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by m( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      95 words
Page thumbnail Page 22
  • WORLD STOCK MARKETS
    • Wall Street stocks appear to lose steam
      • Article, Illustration
        NEW YORK
        1315 22 WALL STREET seemed to run out of steam after a run above 3,000 on Thursday, and stocks ended mostly weaker on Friday amid an options expiration. After International Business Machines Corp's second-quarter results came in within expectations, interest soon evaporated and share prices stayed within a narrow range.
        1,315 words
      • Article, Illustration
        LONDON
        687 22 SHARES ended lower on London's Stock Exchange on Friday, depressed by a lack of interest from institutional investors. Shares drifted in a narrow range throughout the session, dealers said. The Financial Times-Stock Exchange 100-share index fell 5.8 points, or 0.2 per cent, to close at 2,541.5. The Financial Times
        687 words
      • Article
        FRANKFURT
        248 22 GERMAN shares ended the week on a slightly more cheerful note, posting a gain of 0.4 per cent, after uncertainty and a lack of volume had pushed prices lower for the preceding three days. But only technical factors were supporting the market, dealers said. Investigations into around 25 bourse
        248 words
      • Article
        AMSTERDAM
        304 22 DUTCH shares ended a day of thin trading firmer but below highs, amid some light buying linked to Friday's expiration of July futures and options. "Prices are a bit higher but that means nothing with volumes this low," said Charles van Renesse of Bank Mees Hope. The CBS tendency
        304 words
      • Article
        MILAN
        237 22 ITALIAN shares closed up, as the market continued to gain on the back of a technical rally that boosted nearly all blue chips as operators scrambled to cover short positions. "Ninety per cent of today's rise was purely technical short-covering and bargain hunting," said Sergio Pigoli, an analyst at
        237 words
      • Article
        STOCKHOLM
        88 22 PRICES on the Stockholm bourse closed mixed, and dealers said Incentive was the main feature in otherwise lacklustre and trendless trading. The bourse general index lost 0.26 pet to 1,127.23, while blue chips rose 0.23 pet. Total turnover was a high 410 mln crowns, of which some 152 mln
        88 words
      • Article
        PARIS
        107 22 THE Paris bourse ended the week on a flat note but analysts said renewed interest in retail stocks showed investors were fairly positive about the French market. "This house is still positive on France," said one analyst. The stock index failed to break out of the tight range in
        107 words
      • Article
        ZURICH
        298 22 SWISS SHARES closed steady after profit taking ahead of the weekend erased early gains, traders said. The all-share SPI index closed one point firmer at 1,129.1, compared with the day's high of 1,131. On the previous Friday, the index had closed at 1,117.3. Reports that the Swiss finance ministry
        298 words
      • Article
        JOHANNESBURG
        388 22 THE Johannesburg stock market maintained its firm stance on Friday afternoon amid continued bullish sentiment, but trading was thin in a cautious atmosphere ahead of the weekend, dealers said. Gold shares remained buoyant on prospects of possible gains in world bullion prices, given current dollar vulnerability, they said, which
        388 words
      • Article
        TORONTO
        305 22 TORONTO stocks ended flat, capping a dull week, traders said. "It's been another quiet day. Everybody seemed to pack up early for the cottage," Lyle Stein at Nesbitt Thomson Deacon Inc said. The sliding Canadian dollar, triggered Thursday by a political scandal, had little effect on stocks, Mr Stein
        305 words
      • Article
        Untitled
        204 22 July 19 Close Previous NEW YORK Dow Jones 3.016.32 3.016.32 unch NYSE Financial 154 29 154.65 -0 36 S&P 500 384.22 385 37 -1.15 Turnover (million) 189.0 199.5 -10.5 LONDON Financial Times 30 1,959.9 1,969.0 -9.5 FTSE 100 2,541.5 2.547.3 -5.8 Turnover (million) 441.0 464.9 -23.9 FRANKFURT DAX Index 1,623.99
        204 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      94 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      94 words
Page thumbnail Page 23
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar closes sharply lower
      359 23 NEW YORK Reuter THE DOLLAR closed sharply lower in quiet trading on Friday, as technical selling continued to weigh on the currency. "It traded through technical levels: 1.7750, 1.7650, 1.7600, 1.7550 and 1.7500 marks. Now 1.72 is the final objective," said Linda McLaughlin, senior corporate
      Reuter  -  359 words
    • Article
      Lock icon Asian units gain on rumours of US interest rate cuts
      689 23 ASIAN CURRENCIES AFP HONGKONG Most Asian currencies strengthened against the US dollar throughout the week as a steady slide prompted by central bank intervention accelerated on Friday on rumours of US interest rate cuts. The Japanese yen, the Australian dollar,
      AFP  -  689 words
    • Article
      INTERBANK FOREX RATES
      402 23 Cross rates jui> 20 USJ S$* M$ Dm Yen SFr AS NZS USS 1.7525 2.7790 1.7470 136.38 0.5903 1.5118 1.2850 1.7612 SS* 0.5706 1.5883 1.0126 0.7837 0.3427 0.8776 0.7391 1.0126 MS ***** 62.96 0.6286 0.4908 0.2124 0.5440 0.4624 0.6337 Dm 0.5724 0.9876 1.5907 78.07 0.3379 0.8654 0.7356
      402 words
    • Article
      MONEY MARKET
      524 23 Interbank rates s$ Bid (MTer Overnight 4 1/2 4 3/4 1-month 5 3/8 5 1/2 2-month 5 7/16 5 9/16 3-month 5 1/2 5 5/8 Overnight mode: 4-1/8 US$ High l>ow 7~di»ys 5 15/16 5 15/16 1 month 5 15/16 5 15/16 2 months 6 5 15/16 3
      524 words
    • Article
      Lock icon Dealers wait for concrete action from G-7
      192 23 Reuter TOKYO Asian currency dealers are waiting to see if the Group of Seven nations are willing to back a vaguelyworded summit communique with concrete action. The G-7 major industrial nations welcomed "close cooperation on exchange markets" in a final communique released on
      Reuter  -  192 words
    • Article
      Lock icon KL urged to set up options market soon
      425 23 Bernama KUALA LUMPUR Malaysia should establish its equity options market as soon as possible to keep pace with the other regional markets which are fast moving into sophistication, an international financial futures expert said on Saturday. Professor Malick Sy, an expert in
      Bernama  -  425 words
    • Article
      Lock icon France sees rise in its forex reserves
      215 23 Reuter PARIS The Bank of France was able to replenish its depleted foreign exchange reserves last month, thanks to the peseta's fall in the EMS grid, economists said. Data released on Friday showed that foreign exchange reserves rose 5.38 billion francs (Ssl.6 billion)
      Reuter  -  215 words
    • Article
      Lock icon Fundamental outlook for silver remains constructive
      469 23 GOLD FINANCIAL FUTURES REPORT Sing Bullion and Futures Pte Ltd SPOT GOLD rose from Monday's low of U*****.90 to Thursday's high of U*****.70 before easing back to settle at U*****.00/370.50 per troy oz in New York last Friday. Pledges of aid for the USSR
      Sing Bullion and Futures Pte Ltd  -  469 words
    • Article
      FINANCIAL FUTURES
      301 23 IMM July 18 DEUTSCHEMARK Open High Low Sett Vol Op/lnt Sep 91 0.5619 0.5640 0.5601 0.5610 30.405 67.285 Dec 91 0.5580 0.5595 0.5565 0.5570 EURODOLLAR Open High Low Sett Vol Op/lnt Sep 91 93.67 93.73 93.66 121.546 795.293 Dec 91 93.07 93.13 93.06 93.11 JAPANESE YEN Open High
      301 words
    • Article
      PRIME LENDING RATES
      495 23 BANKS ABN Bank 8V4 Allied Irish Bank PLC 8V2 American Express Bank 8'/« Am'Dam R'terdam Bank 8'/« Arab Banking Corp 8'/j Arab Bank PLC 7'/i ANZ Banking Group 8 Ban Hin Lee Bank 8 Banca Commerciale 8'/j Banco do Brasil 8 Bangkok Bank 8V4 Bank Bumiputra 8'/«
      495 words
  • Page 23 Advertisements
Page thumbnail Page 24
  • COMMODITIES
    • Article
      Lock icon Asean vegetable oil contract proposed
      387 24 Bernama KUALA LUMPUR The Malayan Edible Oil Manufacturers' Association (Meoma) says it is now timely for Asean, its members being major producers of palm oil, palm kernel and coconut oil, to formulate its own vegetable oil contract. Meoma president Toh Pang Huat, told newsmen after
      Bernama  -  387 words
    • Article
      Lock icon Siberian exchange launches oil trading in US dollars
      154 24 Reuter MOSCOW Hard-currency oil trading made its debut on Siberia's new Tyumen Commodities Stock Exchange with foreign firms paying a total of US$l2 million (SS2I million) for 100,000 tonnes, exchange officials said last Friday. The exchange's executive director, Vladimir Korevitsky, said dozens
      Reuter  -  154 words
    • Article
      Lock icon Iraq sees rise in oil output
      90 24 Reuter BAGHDAD Iraq will produce one million barrels of oil per day (bpd) from its southern oil fields by December, the government newspaper al-Jumhouriya said. The newspaper, quoting the director of the Southern Oil Company, said production from the fields reached 400,000 bpd by
      Reuter  -  90 words
    • Article
      Lock icon Oil prices steady above US$20 a barrel
      891 24 REPORTS AFP LONDON The apparently increasing prospect of a US-led strike on Iraqi nuclear installations prompted oil prices to breach the US$2O (Ss3s) a barrel mark and provided the highlight of the past week on commodity markets. Although some profit-tak-ing did emerge, prices
      AFP  -  891 words
  • Article
    PRICES
    1173 24 Rubber RAS (fob in bates) S cents/kg Int t RSS Close July 15 143.50 July 16 143.25 July 17 143.00 July 18 142.25 July 19 142.75 MRELB (fob in bales) M cents/kg Int I RSS Close July 15 229.50 July 16 229.00 July 17 228.50 July 18 228 00
    1,173 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      1186 24 NOTICES LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Goh J iam Fong of Blk 452, Sin Ming Avenue, #03-533, Singapore 2057, have applied for a Retail Liquor Shop liccnce m respect of premises at M/s E Department Store Pie Lid at Blk 159, Bukit Batok Street 11, #01-178,
      1,186 words
    • Advertisement
      Page 24 Advertisements Column 2
      26 24 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840.
      26 words
    • Advertisement
      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
Page thumbnail Page 25
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1103 25 Adelaide SQ228 1905 SQ227 2200 ua,J Lum P ur MH640 0855 SQ102 0730 j MH630 0855 MH604 0740 nmml RJ182 1400 SQ103 0950 SQ104 0830 Amsterdam SQ23 0700 KL842 2255 MH605 1020 §025 0735 SQ36 2200 mhSt utS 0950 Auckland SQ388 2030 SQI07 1305 SQ106 1045
    1,103 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Destination: a higher spiritual plane
      665 25  -  LETTER FROM CALIFORNIA By Molly O'Neill YOU SAY you've had your European tour, your Caribbean cruise, your Club Med, your spa. You say you've bed-and-brcakfastcd New England, barged through Burgundy, hiked the Rockies. And now, you say, after years of travelling, your Lewis and Clark
      665 words
    • Article
      MONEY CHANGER RATES
      156 25 As at 3pm on July 19: Ixjcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.348 1.368 Canadian dollar 1.502 1.532 NZ dollar 0.9770 1.007 Sterling pound 2.9100 2.9400 US dollar 1.7450 1.7550 liocal dollars to 100 units of foreign currency Austrian schilling
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      100 25 Duration Title Venue Organiser Tel July 22- Pan Pacific Hilton Asian Investment Jakarta 23 Power Generation International Conferences **********8 Conference Jakarta (Pte» Ltd S'pore: *****8550 Aug 6-9 IV Jewellery Buenos Aires. Rossi Heinlein *****1-9413 International Argentina Asociados SA Exhibition Aug 18-20 International Germany Mode Woche- *****1990 Fashion
      100 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      42 25 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77 We know Kurop«* from start to Kinnish.
      42 words
    • Advertisement
      Page 25 Advertisements Column 2
      22 25 ijn Singapore Go for goals, say fans. And the Lions oblige. Playback of the first golden goal which sunk Johor on Saturday^
      22 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      291 25 1 Cosmetic advice to hunter trapped by 5 Pity a musketeer confront- 3 ed by a prince (6) 9 Hen children to ~~MI jMT 10 Brief statistics about upper n class indicate social posiH |H H I'd bet one could become 12 Scattered pieces pieces maybe (6) 14 Men the
      291 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      197 25 Singapore Outlook: Showers over several areas in the pre-dawn hours Report: Maximum temperature 32.2* C Assoc humidity 66% Minimum temperature 25.3* C Assoc humidity 94% Hours of sunshine 6.70 Rainfall in mm 0.8 Rainfall this month 30.9 Rainy days this month 6 World report Asia-Pacific Hi/Ijo* Cond. Auckland 13/08 Shower
      197 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      14 25 I :T?ET... U)tfF\T'S OR GISE "we si*t«.T! rji swe U)PsV£P c co ltd ma-iwi
      14 words
Page thumbnail Page 26
  • Article
    Asean ministers to discuss security and foreign policy
    438 26  -  Three days of talks with eight dialogue partners From Yang Razali Kassim in KUALA LUMPUR AFTER two days of preoccupation with the future economic direction of Asean, foreign ministers of the sixnation group today turn to security and foreign policy issues in
    438 words
  • Article
    Ministers endorse potash plant venture in Thailand
    294 26 A NEW Asean joint project has been endorsed, paving the way for an Asean potash mining plant in Thailand. A supplementary agreement to the Basic Agreement on Asean Industrial Projects (AIP) was signed by the Asean foreign ministers last Saturday just before the
    294 words
  • Article, Illustration
    Lock icon Latin-American countries seek anti-dumping rules
    254 26 Agencies MONTEVIDEO. Uruguay South American countries meeting in Uruguay, on Saturday agreed to work out a common set of rules to combat dumping and the sale of subsidised goods by nonmembers of their planned four-nation Mercosur common market. "We decided that we should take the
    Agencies  -  254 words
  • Article, Illustration
    Lock icon Australia partly to blame, says Evans in KL
    389 26 Agencies KUALA LUMPUR Australian Foreign Minister Gareth Evans yesterday acknowledged that his country is partly responsible for poor relations with Malaysia but pledged to work to improve bilateral ties. "We in Australia are conscious that there have been things that the Australians
    Agencies  -  389 words
  • Article
    Lock icon Australia may join a trade bloc if Gatt talks fail
    190 26 Reuter SYDNEV Australia may consider joining a North American or Asian trading bloc if the current Uruguay round of Gatt world trade talks prove to be unsuccessful. Australian Trade Minister Neal Blewett said on a television programme yesterday that if
    Reuter  -  190 words
  • Article
    Lock icon Taiwan trade boom strengthens as exports surge
    260 26 Reuter. AFP TAIPEI Export orders for Taiwanese goods surged 14.51 per cent from a year earlier to U556.36 billion (SS 11.13 billion) in June, accelerating a boom in the island's foreign trade, official figures show. Economists said Taiwan's exports were likely to continue
    Reuter.; AFP  -  260 words
  • Article
    California set to receive Asean envoys
    387 26  -  From Christopher Reed in LOS ANGELES CALIFORNIAN businessmen are preparing a lavish welcome this week for a twoday working visit by Asean's six ambassadors in Washington and their commercial attaches. The party is headed by Singapore's S R Nathan, who will give a keynote
    387 words
  • Article
    Lock icon Tanker fire starts oil spill off Australia
    430 26 AFP AUSTRALIA is facing an environmental catastrophe, officials said yesterday, as a Greek tanker began breaking up in heavy seas otY the west coast, spewing thousands of tonnes of crude into the Indian Ocean. Richard Purkiss. director of Western Australia's Department of Marine
    AFP  -  430 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • Shipping Times
    • Article
      Lock icon Northwest eyeing Pan Am routes
      197 27 Reuter ST PAUL, Minnesota Northwest Airlines said on Friday that it wants to buy up to two international routes from Pan Am Corp and will challenge a plan by rival Delta Air Lines Inc to take an equity stake in the carrier. St Paul-based Northwest,
      Reuter  -  197 words
    • Article
      Savings from converted weekend luxury cars
      491 27  -  By Selva Kumar OWNERS of luxury cars of more than 6,000 cc stand to save a sizeable amount in road taxes by converting their cars into weekend cars even if they drive their cars every day outside the stipulated hours. Under the weekend car
      491 words
    • Article, Illustration
      Lock icon General cargo dispute at Rotterdam remains unresolved
      147 27 Reuter AMSTERDAM The industrial dispute that is hitting the port of Rotterdam's general cargo business remained unresolved over the weekend. New talks with unions over the pay dispute will not be held until today or tomorrow at the earliest, a negotiator for the
      Reuter  -  147 words
    • Article
      Lock icon Delta confirms interest in Pan Am
      167 27 UPI ATLANTA, Georgia Delta Air Lines, which recently announced a US$26O million (***** million) deal to buy a number of Pan Am Corp's domestic assets and European routes, said last Thursday it is considering investing in the parent of Pan American World Airways as
      UPI  -  167 words
    • Article
      INDEX TO ADVERTISERS
      1217 27 Pane Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Asian Break-Bulk 16 3 ASXCL
      1,217 words
    • Article
      Lock icon South China Sea under environmental threat
      265 27 Reuter BANDUNG, Indonesia Ships carrying spent fuel from Japan's nuclear power stations, unchecked oil drilling and a hungry fishing industry are making the South China Sea an environmental disaster waiting to happen, say delegates to a conference on disputed islands in the sea. "With
      Reuter  -  265 words
    • Article
      Lock icon Malaysian group calls for fob imports, cif exports
      350 27 Bernama KUALA LUMPUR The practice of importing exworks basis and selling on cost, insurance and freight basis should be introduced to users to further reduce the services trade deficit, the Federation of Malaysian Freight Forwarders (FMFF) said. "Forwarding agents are thus the
      Bernama  -  350 words
    • NEWS SUMMARY
      • Article
        Japan joins electric-car race
        50 27 BY THE early 21st century, that perennially foreseen car of the future the electric-pow-ered vehicle might finally start rolling out of one of the sprawling factories that dominate Toyota City, Japan. One need look only across the Pacific to California to find out why Page 2
        50 words
      • Article
        Plans to liberalise EC airline industry
        35 27 THE European Community Commission has proposed a package of rules to liberalise the EC airline industry. This would allow carriers greater freedom to set prices and routes Back Page
        35 words
      • Article
        Seoul to buy training planes from UK
        39 27 SOUTH KOREA has decided to buy 20 training planes from Britain, a spokesman said, as the government continues its effort to reduce its dependence on the US for military imports Back Page
        39 words
      • Article
        NZ to slap tariff on used Japanese cars
        33 27 NEW ZEALAND will impose a hefty tariff on imported used cars from Japan from next month. New Zealand's Commerce Minister Philip Burdon said Back Page
        33 words
      • Article
        United offer falls short of Pan Am's target
        40 27 UNITED AIRLINES' latest offer for Pan Am's Latin American routes was about US$lOO million (SSI7S million) short of what Pan Am was seeking, a source close to the negotiations said Back Page
        40 words
    • LOG BOOK
      • Article
        Crowded skies cost Air France 100m francs
        158 28 PARIS Air tratYic congestion cost Air France 10() million francs (Ss32 million) last month, and 400 million francs last year, according to company director Bernard Attali. About 30 per cent of Air France flights are delayed, but the crowded skies are most often
        158 words
      • Article
        Oil tanker in Balboa for repairs
        38 28 LONDON OIL/BITUMEN TANKER Tonje Cob. formerly the Ebony, was towed into Balboa for repairs earlier last week, Lloyd's Shipping Intelligence Service said in London on Saturday. Details of damage are not known.
        38 words
      • Article
        Tokyo banks lend to Petrobras
        43 28 BRASILIA A POOL of Japanese banks headed by Nisho Iwai has agreed to extend the Brazilian state oil company Petrobras a US$26O million loan to finance the construction of an offshore platform, a Petrobras spokesman said last week.
        43 words
      • Article
        Sea-Land and VCL tie up
        148 28 FORT LAUDERDALE, Florida SEA-LAND Service Inc and Venezuelan Container Line CA, or VCL, last Wednesday announced a working agreement to provide weekly container shipping between the US and Venezuela. The new service, named VSS (Venezuela/Sea-Land Service), is expected to begin next month with weekly sailings
        148 words
      • Article
        New Thai-Laotian air service
        46 28 BANGKOK A new airline has started passenger service between the Laotian and Thai capitals, Laos's official news agency reported last Wednesday. The Lao Aviation Company began flying last Tuesday a 120-seat TU 154 M jet between Vientiane and Bangkok, the agency said.
        46 words
      • Article
        Unmanned train travels 125 km
        83 28 NEW DELHI When a freight train carrying cattle rolled away nobody was more surprised than its two drivers they had just got off the engine to fix a broken pipe. Press Trust of India news agency said the unmanned train travelled for about 125 km
        83 words
      • Article
        Bahamian tanker refloated
        53 28 LONDON The Bahamian tanker Kenneth T Derr was refloated last Monday and resumed its passage via the Amazon north channel, Lloyd's Shipping Intelligence Service said. The 35,587-dwt vessel ran aground on July 5 with 23,000 tonnes of marine diesel oil. The tanker was bound from Itaqui to
        53 words
    • Article, Illustration
      Lock icon Japan joins the electric-car race
      856 28  -  California's Clean Air Law has resulted in Toyota Motor Corp and other Japanese ear makers shifting their efforts to develop electric-powered vehicles into high gear. Dan Biers reports Dan Biers AP BY THE early 21st century, that perennially foreseen car of the future the electricpowered
      AP  -  856 words
    • Article
      COCKETT BUNKER MARKET REPORT
      464 28 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      464 words
    • Article
      DAILY FREIGHTS
      425 28 DRY CARGO freight rates were slightly easier in a quiet market on Thursday, brokers said. But underlying sentiment was steadier on expectations of Soviet and Chinese chartering following recent purchases, they added. The Baltic Freight Index eased six points to 1,523 with the Skaw Passero/Far East grain route
      425 words
    • Article
      THE SHIPPING GUIDE
      12011 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,011 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        611 43 "•M* <oy No Bcrtti Arrival Departure Vessel Voy No Berth Arrival Departue Marina Terminal 1 Tina 04/91 S02 19 07/1300 20 07/0900 Batam Baru B78 M04 2007/2300 Batamindo 1 70S M01 alongside 19 07/1700 iurong Port Brastagi 1 28/91 M03 akx*side 19 07/2300 Abadl b V a
        611 words
      • Article
        CONTAINER SCHEDULE
        851 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootunf/Balance Rslts Ship Voy No Etb/Btr Period From To From Aka Bhum 509N 21/0645 2 19/1700 20/0659 20/0900 3 20/0700 20/1159 20/1400 Al Mufiarraq 1 20/2359 1 19/1500 19/1659 19/1900 2 19/1700 20/0659 20/0900 Axel Ms 9112 22/2300 1
        851 words
    • Article, Illustration
      Lock icon EC Commission proposes steps to liberalise airline industry
      347 44 AP BRUSSELS The European Community Commission has proposed a paekage of rules to liberalise the EC airline industry, allowing earners greater freedom to set priees and routes. EC Transport Commissioner Karel Van Miert said the proposals would break down remaining barriers to
      AP  -  347 words
    • Article
      Lock icon United offer falls short of Pan Am's target
      286 44 UPI NEW YORK United Airlines' latest offer for Pan Am's Latin American routes was about US$lOO million (S$ 175 million) short of what Pan Am was seeking, a source close to the negotiations said on Thursday. Pan Am said on Wednesday that
      UPI  -  286 words
    • Article
      Lock icon Seoul to buy 20 training planes from Britain
      325 44 AFP SEOUL South Korea has decided to buy 20 training planes from Britain, a spokesman said, as the government continues its effort to reduce its dependence on the US for military imports. A spokesman at the Defence Ministry said South Korea would
      AFP  -  325 words
    • Article
      Lock icon NZ slaps tariff on used Japanese cars
      189 44 AFP WELLINGTON New Zealand will impose a hefty tariff on imported used cars from Japan from next month. Commerce Minister Philip Burdon said. The country, which in 1990 was Japan's biggest importing nation of used cars, buys around 50,000 vehicles per year. But
      AFP  -  189 words
    • Article
      Lock icon Pan Am, United fail to agree over sale of Latin routes
      276 44 AP NEW YORK Pan American World Airways on Wednesday said that it failed to agree with United Airlines over the sale of its Latin American and Caribbean routes. Pan Am spokesman Alan Loflin said the carrier wanted United to
      AP  -  276 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      28 27 Lines and services represented by Members of the Registry of Accredited Shipping, l Agents, Singapore National Shipping Asso- j ciation. lor advertising enquiries, contact Shipping Times: Tel 740-20X9/740-2tm
      28 words
    • Advertisement
      Page 27 Advertisements Column 2
      17 27 #SHIP LASHING MATERIALS SPECIALIST I!! MINTERSARINE SUPPLY CO (PTE) LTD Tel: *****33 (10 Lines) Fax: *****77 ><S|
      17 words
    • Advertisement
      Page 27 Advertisements Column 3
      31 27 Cockett Report 2 Container Schedule 17 Daily Freights 2 Indej to Advertisers 1 Shipping Gude 10.11 Stvps in Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Conditions 17
      31 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      179 28 BUS I NE S S T I M E S TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 Consulting w-EE LfV Group I (Xc^vc^yvC^^C/^ IMPORT SALES MANAGER <7") Our client is an international freight-forwarder and shipping agent. Established in 1979, it has grown to become a well-known, mediumsized freight forwarder in Singapore. The Import
      179 words
    • Advertisement
      Page 28 Advertisements Column 2
      36 28 Roro departing for Australia 23/8-1/9/91. Consider cargoes for east or west coasts and Tasmania. Vessel's cubic capacity *****M 3 deck area 4976M 2 For further details contact: International Offshore Services Tel: *****05, Fax: *****16, Telex: R*****9
      36 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      2483 29 m OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES till## TEL *****11 FAX *****09 AlllF# BOOKINGS TEL: *****34/*****58 I I l||» W TERMINAI/CFS TEL *****18 -220 g T Cfml H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD A iHi PORf KELANG TEL *****18 FAX *****91 *****88 PFNANG TEL *****4 FAX *****1 CFS
      2,483 words
    • Advertisement
      Page 29 Advertisements Column 2
      3744 29 ""^RANSPOmJlAR^" Aug I.VI4: Seminar on Shipping and Air Freight Documentation. Procedures and Operations, organised by Facs World at Carlton Hotel. \ug 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 29-Aug
      3,744 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1234 30 |rottedam/J VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 01/129 25/7 15/8 13/8 12/8 KAMAKURA 18/329 27/7 14/8 16/8 19/8 20/8 KASUGA 16/130 1/8 24/8 20/8 19/8 ALI WESTBOUND P ELBE 06/131 8/8 31/8 27/8 26/8 KELANG4PINANC CARGO LEVERKUSEN EXPRESS 02/331 11/8 28/8 30/8 2/9 3/9 TO UM:ONT!NINT
      1,234 words
    • Advertisement
      Page 30 Advertisements Column 2
      662 30 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANQ 2404E8 1/8 16/8 10/6 24/8 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOMA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX STO (P€RU) LJ. BONTANG 2404E8 1/8 7/9 8/9 13/9 14/9
      662 words
    • Advertisement
      Page 30 Advertisements Column 3
      1632 30 E3 roaagta mmmm. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND f6R EUROPE VSL/VOV Sto ALG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 120W 30/07 22/08 23/08 26/08 27/08 28/08 29/08 30/08 31/08 NORASIA SUN 9121-3 02/08 24/08 26/08 28/08 29/08 30/08 31/08 01/09
      1,632 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2131 31 jjflgSteamers Maritime HoldfingsLtdj W v PfrO m IVstraits shipping! SlnaMri to BrtiMl tut Malivsli. I Containers fiigSSgg I ¥oy Wo Pm/ +PW S port Sou Ant Hbt I LEXA MAIUS* 1110 20/07 22/07 24/07 o</0« 11/01 12/00 14/00 ACCEPTS DUE SAILS IHli Ml 0542 20/07 22/07 27/07 13,01 15/00 17/00
      2,131 words
    • Advertisement
      Page 31 Advertisements Column 2
      2348 31 TO: U.S.A./PANAMA FM: U.S.AJPANAMA WSSU VOY V OAK IGB CM FOB S** NOH NYC VfSfl VOT MTC WO« MV CTI LGB OAK cmf jpntu ffYS" 27/1 H75 i 375 i 7» TH IT* 10/t mnam* stwuo* imi?* s/c «/< u/t *i/« m/j 22/7 CMOYAIW SUCCfSS CFI3O J/4 2»/« 10/4 4/»
      2,348 words
    • Advertisement
      Page 31 Advertisements Column 3
      393 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS «SS£i WOT SP p* Ficuc ns CHAIHON TRADER 7l Ii~PT 1 •mk moom "Is 1 I ~aji HEUCI* 10 ITfT 23/7 1 COSMC TRADER li ~W~I HPT eastern piari 1 ~an ~xn *owhun 15 aTj 1 "wTSt ~~fi ~n/i ~xn MM
      393 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      569 32 m CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl VOY SPOtt IDAM ADAM H'BURG BREMEN ANTWtRP SItnMJAVA 32*6 5/1 7/8 13/9 17/9 20/9 KUTM 23N8 1, 9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Su6|*cl to Indoc.m.nt Alto accepting cargo to Casablanca. Port Said, Port Alaiandrla.
      569 words
    • Advertisement
      Page 32 Advertisements Column 2
      1132 32 I IS'porelLEH RTM ANR HAM B«V FEL FEEDER VSL SIN LINE HAUL LGB OAK I HANJIN LEHAVRE 013W 23/7 9/8 10/8 11/8 11/8 12/8 13/8 HANJM HONGKONG 030€ 25/7 DIRECT 12/« 15/8 HANJIN TONGHAE 082W 28/7 15/8 16/8 17/8 17/8 19/8 20/8 HANJIN ROTTERDAM 015E 31/7 D*ECT 21/« 24/8 HANJIN
      1,132 words
    • Advertisement
      Page 32 Advertisements Column 3
      1232 32 mi MP MG KSC KLG PUS WT OS NGY SUI TYO LAI CHS BAL «C U« MW MM THT HC l» C»« HO. EGUDtttOU 24/7 30/7 31/7 lit VI 7/1 10/1 11/1 12/1 22/» 3/i 5/» 15/S W/J 17/J IJ/7 21/1/ E LOADHG <£ 071 31/7 1/1 6/1 7/1 »/l
      1,232 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1952 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) VT BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-(03)
      1,952 words
    • Advertisement
      Page 33 Advertisements Column 2
      1152 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) I FULL CONTAINERSHIP SERVICES EASTBOUWD-OBOWOWG WtSTBOUND-IOAONG TRAWSHmD W HOTTtRDAM w mc vov aw pxl
      1,152 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1681 34 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 M Iml M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD Hk. m JL JLL# TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUT INTERNUSA
      1,681 words
    • Advertisement
      Page 34 Advertisements Column 2
      720 34 I PHILI-OniCNT UN€S PT€ LTD 1 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 by a,r > land or sea WE TAKE ON THE WORLD FOR YOU &]Q MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 26 JUL OUBAI, OAMMAN. SHARJAH, OOHA, 30 JUL
      720 words
    • Advertisement
      Page 34 Advertisements Column 3
      460 34 T GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Telok Ajrer Street SINGAPORE 0104 TEL *****W (10 LINES) Ftx: *****04 <cr No lom&soooow) BTRAITB/PERBIAN GULF SERVICE S port P Kttanj Pen*n GOLDEN HOMO CpkNnto/Karachi, Dubu 28/38 M GOLDEN H4KN Cotombo **achi Dvtn> I; 10 M CHINA SERVICE QMG FENG OtHM
      460 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1528 35 gsajg i#ff PACIFIC INTERNATIONAL LINES (PTE) LTD B JfcW Building, 140 Cecil Street *03-00 Singapore 0106. [JAKARTA [BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EDEN 301 23/7 25/7 JO/7 KOTA PAHLAWAN 9127 25/7 2S/7 1/9 EQUATOR MAS 12N 24/7 26/7 31/7 KOTA PANJANQ 9122 26/7 29/7
      1,528 words
    • Advertisement
      Page 35 Advertisements Column 2
      1140 35 \f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 n #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTFRDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsia' 248 25/7 9/8 11/8 13/8 t Nefltoyd Hcxxn f
      1,140 words
    • Advertisement
      Page 35 Advertisements Column 3
      434 35 Mjgfe MYANMA ptlk nVE STAR UNE (Myanmar National Line) Loading (or Yangon (Rangoon) Spore P.KI| Pen P.Gdf MYOMAYWA VI36W In Pt SAGAING V24W In PI PINYA VIISW Sid In Pt PAGAN VI72W 27/29 Jul THE BANK LINE (A eervlce of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I
      434 words
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      819 38 TO AUSTRALIA/NEW ZEALAND wi Sm Pr.m MH6 lAucA [7i« jp CHALM KIWIS 21* 23/7 JO~7 I~i >1 M l 1771 MARTHA N 275 13, S 19 S 21* 26 1~30 8 F7i IIIHI MUDW 276 23 30~1 4 9 TT~ nTT" 15 9 liH BRUSSIi 277 6 9 14/9 20
      819 words
    • Advertisement
      Page 38 Advertisements Column 2
      1135 38 EXPORTS TO HONGKONG. TAIWAN I JAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUNO VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEI VOY SIN |PKL PNG BL* SIN CALIEOMNIA CARRIER 78 "22.1 20 7 23 7 27.7 29 7 It 3 8 31 41~ ICE BAD
      1,135 words
    • Advertisement
      Page 38 Advertisements Column 3
      1628 38 Is? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER UNKR SERVICE MALAYSIA'S AGENTS SINGAPORE'S GENERAL AGENTS NWtSiA'S AGENTS CHUNG CHIAO SHIPPING SON BHD C OSTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA L L TEL *****00/*****33 INDONESIA MARITIME 505P m ISiJf RX MA TELEX: RS *****/1 COSHP *T TEL: (C21)3t1t37. MI7M PtNAAO TIL
      1,628 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      643 39 GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 25.7.91 HONG KONG 25.7.91 BUSAN 25.7.91 BANGKOK 27.7.91 EUROPE 28.7.91 TOKYO/KOBE/YOKOHAMA 28.7.91 USA 29.7.91 AUCKLANO 9.8.91 FREMANTLE 25.7.91 SYDNEY/MELBOURNE 30.7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAV, SOPHIA BAY OH KAREN BUK FAST DIRECT REGULAR SERVICE
      643 words
    • Advertisement
      Page 39 Advertisements Column 2
      395 39 (SI RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnoo) BFAX: *****15/*****03 TELEX: RS ***** RISHIP <3 Linos) \*P\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOR SPOWE ANOtNET ?4WB 23 0« DARESSAIAAM. MOMBASA DJIBOUTI ASBAB. MASSAWA ABYOT 28WB 10'09
      395 words
    • Advertisement
      Page 39 Advertisements Column 3
      897 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA no EH SPORE rati HUNG PENANG BLUE INK IS 8 loadmc to' Mate RINAI HUDHU 5 8 loading lor Calcutta DOtPHK 23/7 loadinj For Male PtOKER sum ME 5/1 loading For Male OOMKULH 10/8 Loaded For Felmaru progress inn 10/s Loading
      897 words
    • Advertisement
      Page 39 Advertisements Column 4
      394 39 SYDNEY/MELBOURNE BANGKOK |tt»a loot trm I rrp I wa rem. Iwt murm tmm WA BHUM 1106 22-23/7 4-0/0 8-10/8 QUA BHUM UN Mw fa Pt TKm 25/7 PLANETA 1251 9 10/7 22 24/7 20-28/7 CHAITA BHUM MS Mw M Pt Fit 20/7 PITA BHUM 1307 20-21/8 2-4/9 0-0/9 NANTA BHUM
      394 words
    • Advertisement
      Page 39 Advertisements Column 5
      371 39 ©ssaajai TMtR-LK VSL VOY SINGAPORE MADRAS I SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 166N Sated 27-30/07 04-04/0s TIGER BAY 167N 24-25/07 01 03/01 09 10/08 EAGLE CAPE 015 27-28/07 OS-OC/08 11-12/08 VSL VOY SWGAPORE/CALCUTT A/SMGAPORE VESSEL VOY SIN CAL SIN LHOTSE 405 21-22/07 27 31/07 06 07/08 EAGLE
      371 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1230 40 S'PORE 1MP0RT:*****02 j PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEOAN: (061)*****2 |j P KELANG: (03)*****77 JAKARTA: (21) *****32 KUCHING: (082)*****3 SURABAYA:(3I)*****O UK/SCAN/MED PORTS COLOMBO/a AFRICA j p[N pK S N PEN PK SIN 24/7 25/7 26/7 Ldn/Fli/Rdm/Ant Colombo 26/7 27/7 28/7 28/7 29/7 30/7 Gothenburj/Stockhokii/Osk) Durban/Pt
      1,230 words
    • Advertisement
      Page 40 Advertisements Column 2
      373 40 IWgfc, BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS S)M NPI ML ITT UN MANDAMA 0600 25/7 5/1 WW- 22/1 MUIBIRA 22S "/I 9/9 MAHSURI 0502 27/1 >®/® 27/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON, ACCEPTING FCL it LCL
      373 words
    • Advertisement
      Page 40 Advertisements Column 3
      1233 40 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 CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VtSSEL |VOY Inn llt ST VESSEL VOY
      1,233 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      759 41 \S^^^COMPANI/^ERUAN^^^ de vapores V* "PERUVIAN STATE LINE" ACCEPTING BREAKBUtK/FCI/SOC CARGOES TO/FROM CALL AO. MAT ARAN). HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING Ptnanj* P KcUnf Smjip<xe E Msij THOMASEVEREIT 23/24 Jul KARABUVERETT 29/31 Jul 01/03 Au| JOMNEVERETT 11/13 Aug 14/16 Au| W7\ "EVERETT
      759 words
    • Advertisement
      Page 41 Advertisements Column 2
      520 41 w [voy [spore [mainline r [i ax Ikst Isav Inyc Ihtx IflM 40E 27/7 M ITALIA 27/1 5/9 8/9 10/9 12/9 m YOKOHAMA 16E 29/J 2M ITALIA 27/1 3/» 1/9 10/9 12/9 Ml TRKSTE 1311 9/1 2M KOREA 5/9 14/9 17/9 19/9 21/9 AM HAT (5E 13/1 M HONGKONG 12/9
      520 words
    • Advertisement
      Page 41 Advertisements Column 3
      640 41 MULTI-MODE SHIPPING PTE lIP MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAT BAHRAIN. ABU DHABI. BANDAR ABBAS. If DO AH FAR EAST ACCEPTING FCL/LCL PENANG. P/RELANG. JAKARTA. BANGKOK HONG KONG. TAIWAN. lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG, COPENHAGEN
      640 words
    • Advertisement
      Page 41 Advertisements Column 4
      631 41 fTS PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VQY SIN JKT SBY DERAJAT 946 23/07 26/07 PRASETIA 183 A 25/07 28/07 PELOPOR 998 27/07 30/07 PRASETIA 185 A 01/08 04/08 PELOPOR 999 03/08 06/08 TANTO UTAMA 179 IN PT 25/07 TANTO UTAMA 181 29/07 01/08
      631 words
    • Advertisement
      Page 41 Advertisements Column 5
      341 41 SIN FM EAST 28/7 KEELUNG/KAOHSIUNG 28/7 BANGKOK 27/7 MANILA/CEBU 27/7 JAKARTA/BELAWAN/SURABAYA 27/7 PORT KELANG/PENANG/E. Malaysia 28/7 BUSAN 29/7 TOKYO/YOKO/KOBE/NGO/OSA 28/7 HONG KONG Si CHINA 28/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 28/7 LDN/FLX/LVP/SOU 28/7 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 27/7 LOS
      341 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      811 42 FIL Container Services Pte Ltd 4? TOTAL SERVICES NVOCC "V &MADRAS CALCUTTA V3L VOY SINGAPORE/MADRAS/SINGAPORE VBL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN MA A SIN VESSEL VOY SIN CAL SIN •NEXT AVAILABLE 20-20/07 27-30/07 04 04/08 NEXT AVAILABLE Saied 23-26/07 01-02/08 24-24/07 31-02/08 07 08/08 21-22/07 27-31/07 06-07/08 27-28/07 05 06/08
      811 words
    • Advertisement
      Page 42 Advertisements Column 2
      446 42 Gonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 25 JUL Y AISO ACCEPTING TO WELLINGTON. NEW PLYMOUTH. NAPIER. HAIfILTON, CHRISTCHURCH. LITTLETON, DUNE DIN PORT CHALMERS PORT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 27/7 3/1 JAKARTA CONTERM EDEN 23/7 30/7 PENANG CONTERM A BHUM 21/7 4/1 PORT KELANG CONTERM
      446 words
    • Advertisement
      Page 42 Advertisements Column 3
      501 42 -P y 9 Cw/con-wv inTERmoDRpj j LCL/FCL SERVICE FROM flk I II jWfc m CUJi maintßlflß over 35,000 tractors 4 truck*. II Imm M o** 60,000 polntt In U.B.A. fIRHK m CUJI Offßf tbllbWb »*rvtoss. Ganacal Agent*: TZ>AAK-r/Air CfjO PENANG— KL: allied-link SINGAPORE: MgV- 04-*****2 03-*****55 *****22(22 LINES) Marina Ong
      501 words
    • Advertisement
      Page 42 Advertisements Column 4
      387 42 ILUJILJiHIiUJIiJIHIj.MANILA ETA VIGOUR SINGAPORE SNB 27/7 VIGOUR PACIFC 42N8 3/8 BANGKOK 26/7 2/8 BUSAN 23/7 28/7 HONGKONG 23/7 28/7 DURBAN/PT LOUIS 26/7 3/8 KEELUNG 28/7 4/8 U.S.A. 29/7 5/7 PT KELANG 26/7 29/7 KOBE 27/7 3/8 PIRAEUS 25/7 8/8 OSAKA 24/7 31/7 JAKARTA 25/7 29/7 SURABAYA 26/7 29/7 [\sSpa CHINESE-POLISH
      387 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      911 43 >Oc \Qc vQc Oc yQc vOc vOc V VAN transport e div?slon roup V MORE FREQUENT FLIGHTS WORLDWIDE V VOTAINER CONSOLIDATION SERVICES: 0 1 THE ONLY CONSOLIDATOR WITH WORIDWIDE NETWORK f] HEW ZEALANO/FUI Weekly FCLACL Services To/From \J KSSIEI Jkt M| "Pen Sin Staya Auckland Fiji(A) N.Ptymouth(A) Tinani Lrttelton(B) oune4n(B)
      911 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      316 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 *****600 **********00 2000 2100 2200 2300 JR 12 10 09 09 10 1.1 1.3 15 16 1.7 17 16 15 1.4 1.4 14 16 19 21
      316 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      822 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EA3TBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY IHR PKE ISW LHE HAW. HOT IBH OAK St* lit HAH VOY T CM/St AHI NAN HAI 202 023 21/07 22/07 25/07 H COMMAfCER 27E 19/01 22/01 25/08 HARBOUR
      822 words
    • Advertisement
      Page 44 Advertisements Column 2
      130 44 PASIR GUDANG/SJNGAPORE TWICE WEEKLY SAILINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 018S 22/7 23/7 019S 26/7 27/7 020S 29/7 30/7 021S 02/8 03/8 022S 05/8 06/8 023S 09/8 10/8 RASIR GUDANG SINGAPORE (Of) *****0/*****1 (02) 534-0042 ttk W a W. i M —m w m v m
      130 words
    • Advertisement
      Page 44 Advertisements Column 3
      476 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) HH STOK |S TOM KUC ■'DM L£H Wwki SiottKW FIMFW! KIWIS S7/121 HP 7/1 l/l 1M 13/1 IWUrta. M Mm>p. Ow KM two [iw« ii/in a/i is/1 jj/» li/i isnnvH OMMUMMI/129 nn 14/1 11/1 11/ l M l l»»rv«r t. 4nlM«m Mitt««OuMr
      476 words