The Business Times, 29 July 1991

Microfilm: NL17606
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, July 29, 1991 75*
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  • NEWS SUMMARY
    • Article
      Kohl forecasts E German economic recovery soon
      50 1 BONN German Chancellor Helmut Kohl yesterday expressed confidence that eastern Germany's struggling economy would soon overcome current difficulties. An "upswing is at hand", he told the Deutschlandfunk radio, adding that the eastern German economy must now be lifted "to an internationally competitive level".
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    • Article
      Owner tightens control
      30 1 FIRST PACIFIC group, the new owner of regional computer distributor Imagineering. is exerting greater management control to turn the lossincurring subsidiary around by next year Page 2
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    • Article
      New rules for JSE
      23 1 INDONESIA has moved closer towards privatising the Jakarta Stock Exchange with new regulations issued over the weekend Page 7
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    • Article
      Joblessness spreads
      37 1 UNEMPLOYMENT, officially unknown under communist regimes, has spread at an alarming rate in recent months in the new democracies of Eastern Europe, raising fears that an army of jobless will invade the West Page 8
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    • Article
      Weak US recovery
      32 1 THE US ECONOMY crawled out of recession this spring, the American government reported last Friday, but the pace was so hesitant that it could slip back again Page 9
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    • Article
      No clear signs yet
      38 1 OPTIMISM towards India's new industrial policy will be tempered with caution over questions of implemention and it may be weeks before foreign response to India's new industrial policy is known, say analysts Page 9
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    • Article
      Misleading meetings
      33 1 THE different ways in which members of different cultures handle the necessary evil of meetings can lead to much confusion and may well be a source of international miscommunication Page 11
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    • Article
      Choreographed combat
      27 1 FIGHT direction for the theatre. television and cinema has become a "profession unto itself. and teaching stage combat has even blossomed at universities Page 15
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    • Article
      Trans-Pacific tie-up
      25 1 TWO shipping majors OOCL and APL are planning to join hands on the trans-Pacific trade later this year. Shipping I imes Page 1
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  • MARKETS SUMMARY
    • Article
      S'wang wins deal
      28 1 SEMBAWANG Construction, together with an Australian contractor, has clinched a Si 12 million contract to build the Four Seasons Hotel in Orchard Boulevard Page 3
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    • Article
      Retailers move in
      29 1 EVEN BEFORE its launch later this week, retailers have precommitted 40 per cent of the space at Northpoint. Centrepoint Properties' shopping complex in Yishun Page 3
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    • Article
      Hot tip for Hang Seng
      31 1 A HONGKONG investment management firm believes the British colony's stock market's price-earning ratio can expand to 13 times by the end of the year Page 3
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    • Article
      SNPL profit falls
      39 1 SINGAPORE NATIONAL Printers Ltd has reported an operating pre-tax profit of $1.43 million for the half year to June 30, a drop of 38.7 per cent over the same period in the previous year Page 3
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    • Article
      BBC in news venture
      28 1 THE BBC plans to launch a 24-hour-a-day television news service for Asia in a joint venture backed by Hongkong conglomerate Hutchison Whampoa Page 4
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    • Article
      Payout demanded
      32 1 US regulators want USS69O million (SSI.2 billion) in damages from prominent Dallas businessmen, saying they caused Republicßank Corp to collapse at a cost to taxpayers of USS6.7 billion Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Krida\ Change BT-MGA 720.81 +1.95 Kuala Lumpur .605.46 +5.49 Tokyo 23.519.07 +186.36 Hongkong 4.031.29 -t-18.67 Svdney 1.563.1 +4.1 New York 2.972.50 -7.60 London 2.589.32 +9.7
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    • Article
      CURRENCIES
      22 1 Exchange rates USS ss 1.7530 100 Yen SS 1.2662 MS SS 0.6290 Money market rates Overnight 5-1/8% +1/2 3-month 5-9/16 unch
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    • Article
      COMMODITIES
      33 1 Rubber S'pore Aug 142.50*/kg -0.50 M'sia Aug 227.50*/kg unch KL Tin Turnover 62 tonnes 7 Spot MS 15 54 /kg unch Crude palm oil Turnover 1.547 lots -852 Aug MS892 /tonne -I
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  • Article
    Temasek holding talks with NZ forestry giant
    458 1  -  Govt investment firm exploring opportunities From i Alvin Tay, Schutz Lee in AUCKLAND FRESH from its recent foray into New Zealand's Brierley Investments Ltd. Temasek Holdings is exploring the possibility of some form of involvement in forestry giant Carter Holt Harvey (CHH). Carter
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  • Article, Illustration
    SNEF projects 8.5-9.2 pc wage rises for this year
    348 1  -  By Anna Teo I WAGES should rise between 8.5 per cent and 9.2 per cent this year, if the economy expands within the expected 6 to 8 per cent range, according to an econometric forecast by the Singapore National Employers' Federation
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  • Article
    Firm files suit against Scotts over Sentosa project
    501 1  -  By Conrad Raj i A NAVAL architectural firm j has filed a suit last week alj leging a breach of agreement against Scotts Holdings (Pte) Ltd. which is seeking a listing on the main board of the Stock Exchange of Singapore. Phoenix
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  • Article
    Lock icon Malaysia's economic prospects growing brighter, says survey
    296 1 Bernama KUALA LUMPUR Business expectations in Malaysia are striking an optimistic note for the next six months, following the recent release of the National Development Policy and the second Outline Perspective Plan, said the Malaysian Institute of Economic Research (MIER). In its Business
    Bernama  -  296 words
  • Article
    Property market in Jakarta booming
    537 1  -  From Maggie Ford in JAKARTA NO VISITOR to Jakarta could fail to notice the signs of the boom cranes atop building, letting agents' signs, banners announcing the imminent construction of yet another skyscraper in the central business district. The Jakarta property market is booming. South-east
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  • Article
    Lock icon Taiwan to launch GSP
    86 1 AFP TAIPEI Taiwan is taking the unprecedented step of drafting a Generalised System of Preferences (GSP) for tariffs on imports from developing nations and areas friendly to the island, trade officials said yesterday. "The offering of GSP sta- tus to medium and low-level developing nations may
    AFP  -  86 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      279 1 W MlKglcnp A X /if/; 5 KAMPOOLI I V'fv/ 'If JLWLLLLRS iy> I 4 MOiillJld RcuJ pF /|L J?. #01-07 I'lj/j Sin^apurj ((.round I I«hh) Singjpon o^2l Aircraft Schedule 23 Market Reviews 18 World News 8.9 The Arts 15 Money Changer Rates 23 Commodities 22 Money Market 21 for market
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    • Advertisement
      Page 1 Advertisements Column 2
      91 1 (0) Dulux THE BETTER PAINT Rediscover your love of flying. Once upon a time you approached flying with a Keen perhaps become simpfy a means to an end Rediscover the sense of excitement Then you grew up Now you have things you first loved about air travel Aboard Japan Airlines
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Key reservists to get higher allowances
        77 2 RESERVISTS who are key appointment holders now enjoy higher allowanees to better reflect the heavy responsibilities they shoulder. Since July 1, the special reservist appointment allowance has been made equal to that of the corresponding regular's monthly rank pay, up from two-thirds previously. The
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      • Article
        Parliament sits today
        95 2 PARLIAMENT sits this afternoon. Among the questions tabled for oral answer are those on unleaded petrol, arms supply to Iraq, group representation constituencies (GRCs) and Elyamani Khamis. Potong Pasir MP Chiam See Tong is asking the Prime Minister if the number of GRCs will be increased for
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      • Article
        Port institute offers courses
        80 2 THE Singapore Port Institute will conduct courses on requirements of the Prevention of Pollution of the Sea Act, 1990 and its regulations. The course is meant for shipowners, agents, charterers, masters, chief engineers, second engineers and technical superintendents. It will cover basic provisions of MARPOL 72/78,
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      • Article
        Six types of IT pros wanted
        95 2 TAN CHIN NAM, chairman of the National Computer Board, said six types of IT professionals are required by the industry. He told the audience at the NUS Graduation Ball on Saturday that the six are: the general practitioner who also possesses application expertise; the
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    • Article, Illustration
      First Pacific takes firm steps to shape up Imagineering
      395 2  -  Parent exerting greater management control By Joseph Rajendran FIRST PACIFIC group, the new owners of regional computer distributor Imagineering, is exerting greater management control to turn the loss-incurring subsidiary around by next year. First Pacific, controlled byIndonesian tycoon Liem Sioe Liong,
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    • Article
      Imagineering takes legal action against WordStar
      325 2 IMAGINEERING Micro Distributors, a wholly-owned subsidiary of Liem Sioe Liong's Hongkong-based First Pacific group, has initiated legal action against WordStar International, claiming damages for breaching an earlier agreement between the two companies. A distributor of WordStar's software products in Asia since 1987, Imagineering filed
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    • Article
      Indonesian exhibition reaps $23m worth of sales
      213 2  -  By Said Abdullah THE second 4Made-In-Indo-nesia' exhibition held recently at the World Trade Centre has pulled off direct cash deals totalling $23 million, says its organiser. A spokesman for Kompass Indonesia said 70,000 visitors viewed the Indonesian products, ranging from sweets, toys to
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    • Article
      JSP Films to set up shop at Media Park
      307 2  -  By Sangeeta Mulchand HOME-GROWN production company JSP Films will be the latest tenant at Singapore's Media Park when it develops a $5 million soundproof studio at Übi industrial estate. The company, which produces television commercials, is waiting for the final approval
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    • Article, Illustration
      Sara Lee keen to form joint ventures, acquisitions
      411 2  -  Plan to double Asian turnover By Carolyn Lim SARA LEE Corporation, which is setting up regional headquarters in Singapore, is keen on joint ventures and acquisitions to bolster its presence in the Asia-Pacific. The Fortune 500 company is also interested in partnerships
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    • Article
      Accord with UAE on aviation profits comes into force
      233 2 AN AGREEMENT signed more than a year ago between Singapore and the United Arab Emirates (UAE) for reciprocal exemption of income earned from international air transport and related operations has come into force. A Finance Ministry statement released over the weekend
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    • Article
      New yardsticks needed to measure quality of life
      502 2  -  IPS Forum on 1990 Census By Anna Teo NEW yardsticks of prosperity will be needed to measure not just the level of living but also the quality of life as Singapore becomes a middleclass society, said the Chief Statistician. Dr Paul Cheung,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      56 2 AUGUST 1991 $3.50 170,000 REASONS WHY YOU NEEDN'T STAY SINGLE :>W«PWBHak WHEN MISTRESS ImSfcJ *Wmo!k meets wife **sSL\m&? sSsm lllfm terrific houday spots V > wP» T nND ROMANCE II '#V HOW TO MANAGE BRASH Ife TWENTYSOMETHINGS Jr > #x CONTACT LENS ALERT! at Newsstands from your 4/ so at
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Sembawang to build Four Seasons Hotel
      310 3  -  112 m contract clinched in partnership with Aussie contractor By Lilian Ang SEMBAWANG Construction, together with an Australian contractor, has clinched a $112 million contract to build the Four Seasons Hotel in Orchard Boulevard. The Australian party is Multiplex Construction, which has been involved
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    • Article
      Lock icon Nanyang stake will widen base: Hume
      307 3 MBT KUALA LUMPUR Hume Industries (M)'s proposed acquisition of a 45 per cent stake in Nanyang Press (Malaya) will provide the company with an opportunity to widen its earnings base. In a circular to shareholders advised by Commerce International Merchant Bankers, Hume said Nanyang
      MBT  -  307 words
    • Article
      Lock icon Soon Seng still keen on KLSE listing
      292 3 MBT KUALA LUMPUR The Soon Seng group is still keen on a listing on the Kuala Lumpur Stock Exchange, according to its chairman and managing director Mr Tai E King. Mr Tai said after the launch of the Legacy Collection last Saturday that
      MBT  -  292 words
    • Article
      Hang Seng has potential to come close to 8,000 level
      666 3  -  MARKET TALK By Duncan Mount The writer is managing director of CEF Investment Management Ltd AT THE beginning of the year when the Hang Seng Index stood at 3,018, we made a prediction that by year-end the index would reach
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    • Article
      40pc of Northpoint already taken up
      311 3  -  By Sylvia Wong EVEN BEFORE its launch later this week, retailers have pre-committed 40 per cent of the space at Northpoint, Centrepoint Properties' shopping complex in Yishun. This is a sign that there is tremendous potential in midmarket retailing, said Mr Edmund Tie, managing
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    • Article
      SNPL reports 39pc drop in interim profit
      214 3  -  By Salil Tripathi SINGAPORE NATIONAL Printers Ltd (SNPL) has reported an operating pre-tax profit of $1.43 million for the half year to June 30, which represents a drop of 38.7 per cent over the corresponding period in the previous year. Its turnover also
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    • COMPANY BRIEFS
      • Article
        Selangor Prop pre-tax profit jumps 63.5 pc
        125 3 KUALA LUMPUR Selangor Properties has posted a 63.54 per cent improvement in group pre-tax profit to M 57.9 million (Sss million) for the first six months ended April 30, 1991. This came on the back of a 16.8 per cent improvement in turnover
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      • Article
        SMI posts bigger losses
        111 3 KUALA LUMPUR South Malaysia Industries (SMI) has sunk deeper into the red with its group operating loss for the year ended Dec 31, 1990 rising to M 54.47 million (552.81 million) from M 5245,000 the previous year. SMI said in a statement that group turnover fell
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      • Article
        Listing of additional BCB shares
        65 3 KUALA LUMPUR Bank of Commerce Bhd's (BCB) additional 18.55 million new ordinary shares of Msl each issued in pursuant to the mandatory general offer for the remaining 98.16 million United Asian Bank (UAB) ordinary shares not already owned by it, on the basis of one
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      • Article
        Property trust's interim profit
        117 3 KUALA LUMPUR Property unit trust Amanah Harta Tanah PNB registered a pre-tax profit of M 53.88 million (552.44 million) for the half-year ended June 30, 1991, from M 53.49 million in the preceding six months. Its manager, Pelaburan Hartanah Nasional Bhd, said in a statement here
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      91 3 The alternative. J W ANA HOTEL SINGAPORE i r K ,i 1" !l UUIET CORNERS. Our newly renovated lobby boasts numerous intimate alcoves. In fact, it seems we've managed more than four secluded corners to every luxurious square. But that's hardly surprising. At the Regent Singapore, we will defy anything,
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  • REGIONAL / INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Showa Shell raises profit forecast
        92 4 TOKYO Showa Shell Sekiyu KK has raised its parent net profit forecast for the year ending Dec 31, 1991, to 20 billion yen (***** million) from an earlier forecast of 14 billion yen, 3 company spokesman said. Showa Shell, a major oil refiner and distributor,
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      • Article
        Brent Walker preparing circular
        98 4 LONDON Brent Walker Group pic's long struggle to restructure debts of £1.4 billion (Ss4.l billion) continued last Friday as the company prepared to issue a circular to shareholders. "Hopefully, the company will be in a position to issue a circular to shareholders next week," a company
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      • Article
        NZ meat firm lays off 1,450
        85 4 WELLINGTON New Zealand's largest meat company, the Alliance Group, on Friday announced the closure of two plants and made 1,450 workers redundant. Company chairman John Falconer said in a statement the decision had been essential under present market conditions. Alliance operates 10 plants throughout
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      • Article
        Nestle sees higher sales, profit
        102 4 VEVEY, Switzerland Swiss food group Nestle SA said it expected full-year consolidated sales and net profit to rise after it reported a 2 per cent rise in consolidated turnover for the first half to 23.2 billion Swiss francs. But it said this would depend on
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      • Article
        Toyota barely surviving in Australia
        103 4 SYDNEY The Australian unit of Japan's Toyota Motor Corp said it was barely surviving in Australia, despite being the country's top new car seller. Toyota Australia president Robert Johnston said in a television interview Toyota made a profit in the year to June 30 1991,
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      • Article
        Arco weighing possible job cuts
        103 4 LOS ANGELES An Atlantic Richfield Co (Arco) spokesman said the company was weighing possible job cuts and other cost-cutting measures, but declined comment on press reports that it was planning workforce cuts of up to 10 per cent. "We're reviewing ways to streamline the organisation
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    • Article, Illustration
      Lock icon BBC plans 24-hour TV news service for Asia
      319 4 Joint venture with Hongkong's Hutchvision FT LONDON The British Broadcasting Corp (BBC) plans to launch a 24-hour-a--day television news service for Asia in a joint venture backed by Hongkong conglomerate Hutchison Whampoa. The channel, which might begin broadcasting before the end of
      FT  -  319 words
    • Article
      Lock icon Big drop in US oil firms' profits
      513 4 NYT DALLAS Chevron Corp says its profits fell 40.7 per cent in the second quarter, and Shell Oil Co posted its first quarterly loss since 1934, amounting to US$6B million (S$ 119 million), after writing off US$9O million for costs related to job
      NYT  -  513 words
    • Article
      Lock icon MCI not actively seeking acquisitions
      275 4 Reuter NEW YORK MCI Communications Corp president Bert Roberts said the company is not actively seeking I acquisitions. However, he said MCI ini tends to keep its balance sheet strong so that it can take advantage of acquisition opportunities in the long 1 term. Mr
      Reuter  -  275 words
    • Article
      Lock icon Akzo to sell stake in Spanish textile firm
      242 4 Reuter AMSTERDAM Dutch chemical concern Akzo N V has reached a definitive agreement with a private investor to divest its 57.5 per cent stake in Spanish textiles maker La Seda De Barcelona SA after an earlier attempt failed last Friday. Under the
      Reuter  -  242 words
    • Article
      Equiticorp fraud case to be heard on Aug 8
      190 4  -  From Selwyn Parker in AUCKLAND A NZ$6OO million (SS6OO million) fraud case brought by New Zealand's Serious Fraud Office against officers and executives of the collapsed Equiticorp group will come into court on Aug 8. This will be a preliminary hearing
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    • Article
      Charoen Pokphand agrees to govt's earnings method
      603 4 BANGKOK Thailand's Charoen Pokphand (CP) Group has struck another important compromise with the government in their protracted negotiations on the telephone expansion project by agreeing to the government's method of return on equity (RoE) to calculate earnings. The Nation reported last week. Although
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      135 4 i DINE IN THE CUSTOM OF THE MOGHULS. With our North Indian Business Lunch, you can now dine in the splendour that m the Moghuls were accustomed to. You see, we've put together some rather special regular and vegetarian selections that are designed to leave you sated, but without m
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      Page 4 Advertisements Column 2
      65 4 TANG SAN ANTIQUE HOUSE 13 cordially invite the pleasure of your company MING AND QING DYNASTIES ANTIQUE FURNITURE EXHIBITION (WU MH WOOD) VVu Mel, Zitan Huang Huali, Jichi, Duan, Blackwood And Klmwood. Venue: Mandarin Singapore Reception Hall (sth Floor.South VV'ing) 333, (Orchard Road, Singaporeo923 Date 26 7-91 till 1-8-91 'l
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Trump threatens suit against Advest Group
      443 5 Bid to forestall broker interference in Castle restructuring Reuter DONALD TRUMP has threatened legal action against Advest Group Inc if one of the firm's brokers interferes in the restructuring of Trump Castle casino by swaying creditor votes, informed sources say. "I have heard that
      Reuter  -  443 words
    • Article, Illustration
      Lock icon Hanson hits out at ICI results
      499 5 Financial Times LONDON Lord Hanson, chairman of Hanson, on Friday criticised the performance of Imperial Chemical Industries for the first time and also delivered a strong hint that his company is unlikely to make a takeover bid for the chemicals group for at least
      Financial Times  -  499 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      263 5 EMIRATES. REFINING THE SHAPE OF AIR TRAVEL fy-" M T™ ,1 I ■"■i w I JM ■HHmH -'X F/y Emirates 3 times a week to cosmopolitan Dubai, the pulsating gateway to the Arabian Gulf, with onward connections to London, Frankfurt and Middle-East centres. ■Lft.'.Mi Emirates is one of the world's
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokai files suit against deputy branch manager
        106 6 TOKYO Japan's seventh largest bank said it had uncovered fraud amounting to 63 billion yen (Ss7B2 million) involving a former deputy branch manager and was suing him. An official at Tokai Bank Ltd said an internal inquiry had revealed that former deputy branch
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      • Article
        Okasan gets Swiss bank status
        90 6 ZURICH Finance company Okasan (Schweiz) Finanz AG, wholly-owned by Okasan Securities Co of Japan, said it will act as a fully-fledged bank from Aug 7 after obtaining a Swiss banking licence. Okasan (Schweiz) is one of a number of Japanese finance companies involved in underwriting
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      • Article
        HK to launch new index futures
        102 6 HONGKONG The Hongkong Futures Exchange said in a statement that it will launch a Hang Seng properties sub-in-dex futures contract on Sep 2. "Given the interest in the properties sector of the market, we believe that investors in Hongkong will find the properties sub-index
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      • Article
        Salomon seeks more investment
        86 6 NEW YORK Salomon Inc, whose investment banking unit earlier became one of two foreign brokerages authorised by Brazil's securities commission to invest in its stock markets, is interested in further equity investments in Latin America, a Salomon executive said. "We're interested in expanding in Latin American
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      • Article
        Southeast merger talks continue
        81 6 MIAMI Southeast Banking Corp said merger talks are continuing with unidentified third parties, including nonbanking institutions. The company said it is considering selling a significant amount of equity to bolster its capital levels and contemplating some form of regulatory assistance. Southeast said its ratio of total
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    • Article
      Lock icon Bank of China sets ambitious asset growth plan for 1990s
      341 6 Reuter BEIJING The Bank of China (BOC), Beijing's leading bank specialising in foreign trade and exchange, has set an ambitious plan calling for rapid growth of assets through the year 2000, the China Daily reported. Lei Zuhua. vice-governor of the
      Reuter  -  341 words
    • Article, Illustration
      Lock icon Failed Republic Bank Corp ex-directors face lawsuit
      357 6 Reuter DALLAS US regulators demanded US$69O million (S$ 1.2 billion) in damages from several prominent Dallas businessmen, saying they caused Republicßank Corp to collapse at a cost to taxpayers of $6.7 billion. In a US district court lawsuit, the Federal Deposit Insurance Corp
      Reuter  -  357 words
    • Article
      Lock icon Aetna's 2nd quarter earnings on target
      213 6 Reuter HARTFORD, Connecticut Aetna Life and Casualty Co's second quarter 1991 earnings offer optimism on the operating side of the company, but there is still some concern about its real estate investment portfolio. Aetna reported second quarter net income of US$l6O million (***** million),
      Reuter  -  213 words
    • Article, Illustration
      Lock icon British creditors seek to form new bank
      492 6 The BCCI Crisis Reuter LONDON Creditors of the Bank of Credit and Commerce International (BCCI), shut down amid allegations of massive fraud, said on Saturday they wanted to set up a new bank using BCCI's remaining assets and some of its former employees.
      Reuter  -  492 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      348 6 NO INVESTMENT KEEPS PACE WITH PROGRESS LIKE PLATINUM m, ■k H A OR THE 199 1 AUSTRALIAN KOALA PLATINUM COIN Platinum is the worlds rarest previous metal, 10 metric tons of ore A different Koala motif each year makes it not only a platinum investyieldinj; only I troy ounce of
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      Page 6 Advertisements Column 2
      277 6 EH& CRANFIELD MBA M Candidates are invited to apply for the Cranfield MBA programme commencing January 1992 in Singapore. The programme uses a variety of latest learning methods, including distance learning techniques. Students who successfully complete the 2-year programme will be awarded the internationally renowned Cranfield MBA degree. This degree
      277 words
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  • THE REGION
    • Article
      Lock icon Jakarta exchange moves closer to privatisation
      365 7 New regulations issued on Saturday AFP JAKARTA Indonesia moved closer towards privatising the Jakarta Stock Exchange (JSE) with new regulations issued over the weekend. The government's Stock Exchange Supervisory Agency (Bapepam), which tightened rulings on full disclosure for those companies going public and imposed
      AFP  -  365 words
    • Article, Illustration
      Lock icon Mahathir warns MCA against being overly chauvinistic
      429 7 AFP KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday warned Malaysia's largest ethnic Chinese political party against being chauvinistic in its bid to outdo the opposition in winning non-Malay votes. He said that such an approach to politics could threaten cooperation
      AFP  -  429 words
    • Article
      Lock icon BHP-led group wants access to vast Soviet oil field
      371 7 AFP SYDNEY An international consortium headed by Australia's largest company wants rights from the Soviet Union to develop an oil and gas field likely to become the Pacific region's biggest resource project. The interest of Broken Hill Pty Ltd (BHP) was
      AFP  -  371 words
    • Article
      Lock icon KL repeats position on foreign military bases
      149 7 Bernama KUANTAN Malaysian Defence Minister Datuk Sen Najib Tun Razak yesterday reiterated Malaysia's firm stand not to allow any foreign military bases to be set up in the country. He said Malaysia felt that the South-East Asian region itself did not need such
      Bernama  -  149 words
    • NOTE BOOK
      • Article
        Price of Indon homes set to rise by 10-15 pc
        92 7 JAKARTA The price of homes in Indonesia will rise by 10 to 15 per cent following increases in the price of cement and other building materials, the chairman of the Indonesian Real Estate Association said. Enggarstiasto Lukita, quoted in the
        92 words
      • Article
        Investment in Vietnam surges
        118 7 HANOI Vietnam recorded a sharp increase in foreign investment during the first half of this year, with the value of projects equalling that for the whole of 1990, the official Nhan Dan newspaper reported on Friday. The newspaper, which did not provide any figures, estimated that
        118 words
      • Article
        Umno to amend constitution
        136 7 KUALA LUMPUR The Umno General Assembly in November is likely to amend the party's constitution to provide for elections for the posts of Wanita and Umno Youth heads. Umno secretary-general Datuk Mohamed Rahmat said on Saturday that following the amendment Wanita Umno and Umno Youth delegates
        136 words
      • Article
        1991 Langkawi exhibition
        84 7 LANGKAWI A total of 131 companies from 14 countries have confirmed participation in the 1991 Langkawi International Maritime and Aerospace Exhibition in November, Defence Minister Datuk Seri Najib Tun Razak said on Saturday. They are from Indonesia, Singapore, Australia, France, China, India, Soviet Union, Thailand, Japan, Germany,
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      • Article
        Launching of 7th Indon satellite
        71 7 JAKARTA A US-made Delta II rocket will launch Indonesia's seventh telecommunication satellite, Palapa B-4, into orbit early next year, the Antara news agency said yesterday. Antara quoted Post, Tourism and Telecommunication Ministry spokesman Sjamsuddin Tanuatmaja as saying the satellite maker, Hughes Aircraft Co, and the
        71 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      253 7 Hf ***** I Wee Kok Wah, Managing Director, Stamford Tyres International (S) Pte Ltdy Success... Comes The Right Rvrtners "From a small tyre retail shop, we have grown into an international distributor sourcing from a wide base of tyre manufacturers worldwide and exporting to more than 30 countries. To keep
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        W German inflation hits nine-year high
        99 8 FRANKFURT German government and eentral hank fears over the rapid rise in prices were confirmed last Friday with the announcement of a 4.5 per cent inflation rate in west Germany this month, the highest rate for nine years. The extent of the increase in
        99 words
      • Article
        Labour Party regaining lead
        67 8 LONDON Britain's opposition Labour Party, whose lead over the Conservatives had been shrinking, has regained lost ground and is now five points ahead of the ruling party, an opinion poll shows. The results of the MORI survey to be published in The Sunday Times indicated Labour
        67 words
      • Article
        Saddam hits out at West
        96 8 BAGHDAD Iraqi President Saddam Hussein has accused the West of caring more for its dogs and cats than for Iraqis starving or dying from lack of medicine. He told families from the Shi'ite holy city of Najaf last Saturday that the West was blocking the
        96 words
      • Article
        US Speaker may approve probe
        68 8 WASHINGTON The Speaker of the US House of Representatives has said that he is inclined to approve an investigation of allegations that aides to former president Ronald Reagan held up release of US hostages by Iran to aid his 1980 election. Tom Foley said last
        68 words
      • Article
        Mandela warning for Pretoria
        84 8 HAVANA Visiting African National Congress (ANC) president Nelson Mandela has said that the ANC is still committed to negotiations with South Africa's white-led minority government but could use other methods if the government plays a double game of violence and peace. Referring to a widening scandal
        84 words
      • Article
        Iran, S Korea negotiate rail deal
        57 8 TEHERAN Iran and South Korea are negotiating a contract to purchase equipment for Teheran's underground railway system. According to Teheran Radio last Saturday, Iranian Oil Minister Gholamreza Aqazadeh made the announcement on arrival from Seoul, where he presided over the fourth meeting of the
        57 words
    • Article
      Lock icon West threatened by wave of jobless from E Europe
      431 8 Demise of communism brings problem into open AFP VIENNA Unemployment, officially unknown under communist regimes, has spread at an alarming rate in recent months in the new democracies of Eastern Europe, raising fears that an army of jobless will invade the
      AFP  -  431 words
    • Article
      Lock icon Only half of Soviets want free market: poll
      332 8 AFP WASHINGTON Only half of the Soviet population favours switching to a mar-ket-based economy, while many citizens would prefer some form of socialism, a US media research firm reported yesterday. A poll by the Times Mirror Center for The People and The
      AFP  -  332 words
    • Article, Illustration
      Lock icon Fujimori faced with anti-Japanese attacks
      410 8 AFP LIMA Peruvian President Alberto Fujimori marked his first year in office yesterday facing yet another challenge a pledge by Maoist rebels to wage war against what they describe as Japanese imperialism. Mr Fujimori, the first eth-nic-Japanese elected head of state outside Japan and the
      AFP  -  410 words
    • Article
      Lock icon Bonn admits selling E German firm to fraud artist
      287 8 Reuter BERLIN The German government's privatisation agency has admitted that it has sold an east German engineering company to a charlatan who had emptied its coffers, but said there is no damage to the state. "It was a mistake by us."
      Reuter  -  287 words
    • Article
      Lock icon US reports spring turnaround for economy
      420 9 Danger of reversal into recession again IHT NEW YORK The US economy crawled out of recession this spring, the American government reported last Friday, but the pace was so hesitant that it could slip back again. After two quarters of decline at an average
      IHT  -  420 words
    • Article
      Lock icon Gorbachev adviser announces decision to quit
      217 9 Reuter MOSCOW Alexander Yakovlev, a top adviser to Soviet President Mikhail Gorbachev and one of the pioneers of his perestroika reforms, is leaving the Soviet leader's team. *1 have submitted to the President an application to relieve me of my job," Mr Yakovlev told
      Reuter  -  217 words
    • Article, Illustration
      Bikers rally against EC rules
      40 9 LONDON Motorcyclists wearing imitation police helmets were among 2,000 enthusiasts who took part in a rally at Trafalgar Square last Saturday. They were protesting against future EC regulations on motorcycles, including one banning customised models.
      40 words
    • Article
      Lock icon China, Shell to study petrochem project
      187 9 AFP HONGKONG AngloDutch oil giant Shell and several Chinese firms signed an agreement last Saturday to conduct a feasibility study on a petrochemical plant which could become the largest joint venture in the country. Officials from both sides signed the agreement on the Nanhai
      AFP  -  187 words
    • Article
      Lock icon Ruling may spark electronic data revolution
      213 9 FT NEW YORK A potential revolution in the US electronic information services industry- has been unleashed by a judge's reluctant decision to allow the huge regional "Baby Bell" telephone companies to enter the sector. The industry includes operations such as electronic banking, home shopping
      FT  -  213 words
    • Article
      New Indian policy — no immediate foreign influx
      582 9  - New Indian policy no immediate foreign influx From Rajendra Bajpai in NEW DELHI OPTIMISM towards India's new industrial policy will be tempered with caution over quesions of implemention and it may be weeks before foreign response to India's new industrial policy is known, industry analysts in India say. However, the
      582 words
    • Article
      Lock icon Case raises fears of more suits against US press
      179 9 Reuter NEW YORK Lawsuits against the American press, once a rarity, could multiply now that the US Supreme Court has made it easier for sources and subjects of news stories to fight back if they feel aggrieved. But media lawyers predict
      Reuter  -  179 words
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      649 8 ffffTi BANQUE INTERNATIONALE A LUXEMBOURG will mm anon y me Head Office: 2, boulevard Royal, L-2953 Luxembourg. Singapore Branch: The Octagon 105 Cecil Street, #10-01/04, Singapore 0106 Balance Sheet Profit and Loss Account As at December 31, 1990 For the year ended December 31, 1990 1990 1989 1990 1989 million
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      Page 8 Advertisements Column 2
      719 8 NMB POSTBANK GROEP N.V Registered Office: De Amsterdamse Poort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1990 PROFIT AND LOSS ACCOUNT FOR 1990 AFTER APPROPRIATION OF PROFIT Consolidated Consolidated 1990 1989 iggO 1989 (in millions of guilders) (in millions of guilders) ASSETS Interest 4,065 4.098
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      314 9 J.l J > J. J ji. l r i' J'/'* r.J m F J T n.. I H W»1 %U) 111 WkMi I I SINGAPORE INSTITUTE OF COMMERCE <estb 1947) I DEPARTMENT OF LEGAL STUDIES I Registration is open for the following programmes: awarded t>y the University of London H
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      47 9 If j lfc± Jf |r i^J <s, 3BP nSH^H > jyj^m lllflPr jSO^ r J| R JM H& i^ jrir", *%V«V f '''J^^'L''^' m p "price: *****.00 Service Centre: #24-07 Orchard Towers, Singapore 0923. Tel: *****22 (12 lines). Available at leading department stores and authorised dealers. GARRERA SMITSRUCHES
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Are you listening to your staff?
      1197 10  -  Hewitt Associates has developed a new management system called organisational sensing which takes employee-attitude tests to a different plane. Salil Tripathi reports Salil Tripathi *In Singapore, if 70 per cent of the employees say they will recommend to their friends that they should work
      1,197 words
    • Article
      Good performance by most teams in 4th, 5th periods
      274 10 National Management Game THE majority emerged unscathed. with plum profits to boot. The fourth and fifth trading periods of the opening round of the on-going 21st National Management Game saw only one in 10 companies succumb to the vagaries of the
      274 words
  • Page 10 Advertisements
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      104 10 ai A^MP^KLW^-# city waterfront. Where the blending of technology t W dpBtfMSMF And if this were not enough, every office floor otters an > 1 i«i with elemental features, both inside and out, has created k\^HMHP' uninterrupted panorama, taking in iMarina Bay and the jj ■Ml 9 B Wwy"" the
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  • ANALYSIS
    • Article
      Lock icon Algeria: a nation in economic and political turmoil
      960 11  -  Country gets taste of freedom, and taste of the bitter economic pill. Youssef Ibrahim reports Youssef Ibrahim NYT ALGERIA is in a crisis some call it a revolution that is tearing apart the country's once solid socialist political fabric and plunging it
      NYT  -  960 words
    • Article, Illustration
      No meeting of minds, sometimes
      892 11  -  Nuala Slansky and Stacey Marcus highlight the pitfalls at meetings if cultural differences are not taken into account Nuala Slansky, Stacey Marcus The writers are lecturers at the Nanyang Technological University Meetings seem to be loathed by most of us who must attend them. However,
      892 words
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      Lock icon Japan has much to thank Cresson for
      705 11  -  Some good may come out of Japan-bashing, says Yoichi Funabasni Yoichi Funabashi Asahi News Service AT the London summit bringing together the leaders of the seven richest nations, French Prime Minister Edith Cresson was absent. "She is so thoroughly disliked by the British
      Asahi News Service  -  705 words
  • Page 11 Advertisements
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      380 11 It happens to all of us. We find HRHHRHIH kam bow to stand up and speak ourselves unable to speak up up ft" attnct when we really need to. We the immediate attention of remain in the ranks of the "silent listeners, how to stimulate their majority" the people who
      380 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      57 11 DOONESBURY BY GARRY T™deau YO, MAN, RAYMOND! NOT SO GOOD. H £i, UJKMD. -J gbffai 56AL. I HELLO' 2 I'M BACK. WELCOME MY Ol! LADY RAN MAN... THAT'S r!k pjZFT FOUND Hie HOME, Gif/f OFF WITH 90MB I ROU6H. 7 A ne (JU^TSUFTIN HOW'S IT DUPE FROM —\r^ AmX £4,2
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  • SPORTS 1
    • Article, Illustration
      Lock icon Trevino set to win Senior title again
      321 12 AFP BIRMINGHAM, Michigan Lee Trevino grabbed a one-shot lead after three rounds of the US Senior Open here on Saturday and, if his final-round pairing is a good omen, is on track to repeat as champion. Trevino beat Jack Nicklaus to take the
      AFP  -  321 words
    • Article
      Lock icon Fehr manages to take one-stroke lead
      494 12 AP CROMWELL, Connecticut Rick Fehr played unspectacularlv, but well enough to shoot a 4-under-par 66 that edged him one shot ahead of Corey Pavin in the Greater Hartford Open on Saturday. Pavin, the 36-hole leader, and five others were within two strokes of Fehr,
      AP  -  494 words
    • Article
      Lock icon Indurain assured of title
      362 12 Tour de France AP MACON, France Miguel Indurain of Spain virtually wrapped up the Tour de France title on Saturday, winning the day's time trial and consolidating his already insurmountable lead with only yesterday's largely ceremonial ride into Paris remaining. Indurain led through every checkpoint from
      AP  -  362 words
    • Article, Illustration
      Lock icon Lendl, Courier beaten in semis
      440 13 Canadian Open Reuter MONTREAL Showing little regard for rankings, 12thseeded Soviet Andrei Chesnokov and unseeded Czechoslovak Petr Korda dumped top seeds Ivan Lendl and Jim Courier on Saturday to reach the final of the Canadian Open tennis championships. Korda, who had upset Andre Agassi and
      Reuter  -  440 words
    • Article
      Lock icon US to meet Spain in Federation Cup final
      378 13 AP NOTTINGHAM, England Mary Joe Fernandez lost her serve 10 times but rallied to defeat Jana Novotna 6-4, 0-6, 9-7 and lead the United States into yesterday's final against Spain in the Federation Cup. Fernandez's victory' and Jennifer Capriati's earlier 6-3, 6-1
      AP  -  378 words
    • SIDE LINES
      • Article
        And the visitors went home with the goodies
        136 13 BIRMINGHAM, England American World University Games titlists Hollis Conway, Jon Drummond and Maicel Malone dropped in on the British track championships on Saturday and each went home with gold medals. Conway, the Olympic silver medallist and US record holder, cleared only two
        136 words
      • Article
        S Africa won't be in Tokyo
        38 13 JOHANNESBURG South Africa's Amateur Athletics Association, the umbrella group of the country's three separate track organisations, on Saturday voted 9-5 against sending a team to the World Championships in Tokyo next month.
        38 words
      • Article
        Stewart takes lead
        61 13 NOORDWIJK, Netherlands US Open champion Payne Stewart shot a course-record 10-under-par 62 and took a six-shot lead lead after three rounds of the US$B4O,lOO Dutch Open. Stewart 11-birdie, one-bogey day broke the course record of 63 set by Bernhard Langer in Thursday's first round, moving him past
        61 words
      • Article
        Foreman pursues suit
        90 13 NORFOLK, Virginia George Foreman is pursuing a US$lOO-million law suit against undisputed world heavyweight champion Evander Holyfield. Foreman told a Houston television station on Friday that the action against Holyfield, whom he accused of having used him as a pawn in negotiations for the Nov 8 fight
        90 words
      • Article
        Cockerill, Keggi share lead
        90 13 CANTON, Massachusetts Kay Cockerill and Caroline Keggi each birdied the final hole here on Saturday and shared a one-shot lead going into the final round of the Bay State Classic. Cockerill and Keggi, both win-less on the LPGA Tour, matched three-under-par 69s and were tied at
        90 words
      • Article
        Johnson disappoints
        89 13 MONTREAL Canadian sprinter Ben Johnson, in a last desperate effort to qualify to defend the world title in Tokyo, could manage no better than fourth place in the 100 metres final at the Canadian Athletics Championships on Saturday with a time of 10.42 seconds. Bruny Surin won the
        89 words
  • Page 12 Advertisements
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      383 12 The familiar things. Most Singaporeans today are or ano^ er> e 'P Q^ten daily familiar Philips. You could even say ar| d enhance lifestyles. Quality we have become household name. backed by service guaThat's hardly surprising, when and which has come to be you consider the generations synonymous with the
      383 words
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      Page 12 Advertisements Column 2
      253 12 BUSINESS TIMES TELEPHONE. 730-5771/5772/5773 FAX: 734-4982 NOTICE Of RESOLUTION TAI I lAN CONSTRUCTION PTE LTD (In Liquidation) At an Eitraordlnary General fleeting of Tal lian Construction Pte Ltd.. duly convened and held at 10? Upper Cross Street. (06-07 OC Building. Singapore OIOS on ?tth July 1991 the following Resolutions uere
      253 words
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      Page 12 Advertisements Column 3
      246 12 NOTICE Of RESOLUTION CHOON SINK CONSTRUCTION (PTC) LTD (In liquidation) At an Eitraordinary General Meeting of Choon Sing Construction (Pte) Ltd.. duly convened and held at 10? Upper Cross Street, #06-07 OC Building, Singapore OIOS op ?7th July 1991 the follouing Resolutions ■ere duly pissed. "That the Coapany be xound
      246 words
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      117 13 This Is Just The View From Our Elevator. M i'P 30th floor view I 18th floor view 6th floor view If you re impressed with the view from Because our view, (nice as it is) is surpassed But please, don't just take our word our lifts, then we re sure
      117 words
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  • Page 14 Advertisements
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      270 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE m CULINARY HERITAGE« For the month of August, the master chefs at Tien Court have prepared six splendid set menus that feature Shark's Fin as the centrepiece. Prices range from SS 188.00 f for
      270 words
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      Page 14 Advertisements Column 2
      289 14 Back to basics with a new menu at Nutmegs. Select from a range of the finest seafoods or superior cuts of prime quality meat prepared just the way you like with a choice of accompaniments. Of course the lobsters still take centrestage at $33*. Plit\ KP -<T\tir vturtft- #*frnmrit u*
      289 words
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      Page 14 Advertisements Column 3
      256 14 DOUBLE CELEBRATION (3-31 JULY) At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Trouble Celebration Giveaways: A 10 Metro Plaza shopping voucher for every $50 spent at Cafe Plaza. A 20% discount
      256 words
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      Page 14 Advertisements Column 4
      282 14 tA> You'll en)oy our delicious selection of authentic Beijing Dian Xin served amidst the splendour of an Imperial ■r Court. May we expect you today? W From noon to 2.30 pm. nSTT I'- Ala carte menu available. gfliQ 333 Orchard Road. Singapore 0923 Tel: *****1 I S Where the service
      282 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      802 14 TELEVISION AND RADIO tr\ A/Tore tS!ffiffTC BusmeBONRABO A lCJ\v LIU IVId! 7.00 AM CNN International il 1M TM VSiISi'IUHH Slw 53 iblriftt BBC, 88 9 mHi in VHF Band II gOO Close. (Cartoon). 6.00 Regional News (M). 5.30pm, 3.25 am: Financial News 700 PM CNN International (LI. 7.25 Progrimnw Summary.
      802 words
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  • THE ARTS
    • Article, Illustration
      Lock icon The rise of fight choreography
      878 15  -  Fight direction has become a profession unto itself, and teaching stage combat has even blossomed at universities. Jane Wollman takes a look at a rapidly growing specialty Jane Wollman NYT WHEN Nicol Williamson departed from the script to whack Evan Handler instead of patting him
      NYT  -  878 words
    • Article, Illustration
      Lock icon Robert Motherwell: driven to abstractions
      846 15  -  Hilton Kramer looks at the life and work of the late Robert Motherwell, one of the last giants of the Abstract Expressionist movement Hilton Kramer NYT 1 REMEMBER hearing Robert Motherwell speak about abstract art when he came to give a lecture at Harvard in
      NYT  -  846 words
  • Page 15 Advertisements
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      212 15 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 k 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. ANA HOTEL
      212 words
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      Page 15 Advertisements Column 2
      98 15 CORRIGENDUM \ii Rabobank Group Further to our Bank's financial statements advertised in the Business Times on 26 July 1991, the following is a list of the Branches abroad Abroad Allgememe Deutsche Credit Anstalt AG Berlin and Frankfurt (88%> Rabobank Asia lid, Singapore Rabobank Curacao NV, Willemstad FT Rabobank Duta. Jakarta
      98 words
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      Page 15 Advertisements Column 3
      64 15 u M m Qfo goo J, it's fiinful. Qsiu il ike IQ2O sOJ kangixai ami tence that cause J litest guilty feeling*? ffl* QjouU, BSM 01l*r Q7UU „ii &tgki C/Jr Ihe fnentL wilk whom $i La red iLtH w?3 cart not. tJlu restaurant is worth Jomg penance (or. COaCOROi NOT!I.
      64 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Week ends weakly after promising start
      5333 16  -  By Salil Tripathi AFTER RAISING hopes of ushering in a classic National Day rally, the stock market settled back to its low-volume, low-activity mode in the absence of fresh factors last week. Brokers say they had to rein in their horses because of an
      5,333 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4187 17 Main Board DBS f oreign 1370 +81) +6.2% Semb Shipyard 720 +70 10.8% FAN 860 +65 +8.2% Jurong Ship 50« 915 +60 +7.0% Robinson 482 +52 12.1% SIA Foreign 1980 50 2.6% SIA 1370 +50 +3.8% SPH Foreign 1370 +50 +3.8% Singmarine 50* 545 +49
    4,187 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall Street on edge over a double dip
      904 18 New data raise fears of a weak recovery petering out FT NEW YORK A "DOUBLE DIP" sounds as if it ought to be a pleasurable experience. It conjures up images of convivial go-ings-on in a jacuzzi or swimming pool. But the phrase
      FT  -  904 words
    • Article
      Lock icon Hopes of lower rates boost prices
      552 18 AFP s WyTOKYO SHARE PRICES closed substantially higher on the Tokyo Stock Exchange this week as investors were encouraged by the prospect of lower interest rates. The Nikkei Stock Average of 225 selected stocks in the market's major section closed out the week on
      AFP  -  552 words
    • Article
      Footsie testing 2,600 level
      814 18  -  LONDON By Ray Heath AS SHARE prices in London broke into new high ground last week, and the FTSE 100 challenged 2,600. it seems all it needs is one small spark to ignite a summer blast-ofT. Well, a really big spark would be a bid for
      814 words
    • Article
      Hang Seng hits new high of 4,031
      733 18 HONGKONG THE Hang Seng Index ended the week up 43 points to set another all-time high at 4,031. Increased volume, a clearer picture of the US granting China its most favoured nation status (MFN) and the 19-point premium on the July Index Futures
      733 words
    • Article
      Lock icon ASIAN MARKETS ROUNDUP
      872 18 AFP mm SYDNEY THE AUSTRALIAN slock market raced to an 11-month high on Monday after the All-Ordinaries soared above the 1,570 barrier, finishing 19.7 per cent up on its Friday close and surprising most brokers with its pace. Dealers said the market was spurred by Reserve Bank
      AFP  -  872 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Mixed overseas trends fail to dampen prices
      4505 19 MBT SHARE PRICES on the Kuala Lumpur stock market staged a commendable recovery last week despite the prevailing uncertainties on major overseas bourses. Trading was more active, with gainers leading losers by a wide margin as profit-tak-ing around mid-week was well absorbed. Reflecting
      MBT  -  4,505 words
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      373 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I,LimTun Sye of BDc 790, Yishun Avenue 2, #11-1469, Singapore 2776, have applied for a Retail Beer licence in respect of premises at Vt/s Lim Tun Sye Trading at BDc 846, Yishun Ring
      373 words
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      Page 19 Advertisements Column 2
      372 19 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ong Hwee Loh of Blk 535 Hougang S( 52 #03-02, Singapore 1953, have applied for a First Class Beer House licence in respect of premises at M/s Hong Xing JlEatmg House at Blk 924 Yishun Central 101-320, Singapore 2776, and that
      372 words
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      Page 19 Advertisements Column 3
      34 19 READ C H A ft T P 0 1 N T EVERY S A T U ft D A Y IN B U s I N E 8 S T I M E S
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  • WORLD STOCK MARKETS
    • US blue chips down slightly in slow trade
      • Article
        Untitled
        288 20 July 26 Clow Previous NEW YORK Dow Jones 2.972.50 2.980.10 -7.60 NYSE Financial 152.23 152.50 -0.27 S P 500 380 93 380 96 -0.03 Turnover (million) 127.8 145.8 -18 LONDON Financial Times 30 2.003.5 1.998.2 +5.3 FTSF. 100 2.589.3 2.579.6 +9.7 Turnover (million) 530.7 506.3 24.4 FRANKFURT DAX Index 1.605
        288 words
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        NEW YORK
        1397 20 WALL STREET stocks turned mixed on Friday, with blue chips edging slightly lower and smaller stocks, particularly the high-technology stocks, heading slightly higher. Analysts attributed the sluggishness to the much-weaker-than-expected government figures on the gross national product, widespread sentiment that the mending economy may not be recovering as
        1,397 words
      • Article, Illustration
        LONDON
        691 20 UK EQUITIES on Friday ended the two-week account at record highs boosted by buoyant futures in brisk early trading. Shares held their ground despite profit-taking as Wall Street opened unsteadily. US support, however, was crucial if the market was to break the 2,600 barrier on the FTSE 100, analysts
        691 words
      • Article
        FRANKFURT
        291 20 GERMAN SHARES ended a depressed Friday trading session 0.6 per cent lower, as the market's belief strengthened that a near-term German interest rate hike would make a plunge through 1,600 points on the 30-share DAX inevitable. Many economists expect the Bundesbank to tighten its credit policy soon to combat
        291 words
      • Article
        AMSTERDAM
        259 20 DUTCH SHARES on Friday closed mixed with an easier bias as prices dipped slightly in late trading after the release of weaker-than-expected US GNP figures. News that second-quarter GNP grew at a 0.4 per cent annual rate, compared with expectations of 1.0 per cent, led to a softening of
        259 words
      • Article
        ZURICH
        261 20 SWISS SHARES ended a lacklustre Friday session slightly easier as the market waited for new positive factors. Nestle, which announced half-year sales figures, traded more actively than other counters. The all-share SPI index closed 2.2 points lower at 1,118.9, while the SMI index of leading shares lost 4.8 to
        261 words
      • Article
        PARIS
        139 20 WANING EXPECTATIONS of a cut in French interest rates and profit-tak-ing ahead of the August holidays undermined French stock prices on Friday, traders said. The CAC-40 index fell 12.35 points or 0.69 per cent to 1,767.66, ail but erasing the modest gains the market eked out during the week.
        139 words
      • Article
        BRUSSELS
        144 20 BELGIAN SHARES on Friday closed lower for the ninth consecutive session on a lower dollar and a falling Dow Jones index, dealers said. The Bel 20 index shed 0.19 per cent to 1,126.85 points. Some 543 million francs worth of Belgian shares changed hands in seasonally-thin trading. "There's still
        144 words
      • Article
        JOHANNESBURG
        389 20 THE Johannesburg stock market recouped nearly all of Thursday's losses on Friday, thereby regaining a small part of the declines of the previous four days triggered by political anxieties. But dealers said conditions remained thin and nervous ahead of the weekend as investors waited to see if South African
        389 words
      • Article
        MILAN
        145 20 ITALIAN SHARES on Friday closed marginally firmer in continuing dismal trading volumes as uncertainty about the possibility of early elections in Italy discouraged investors from stepping into the market. "If we did 60 billion lire today, we were lucky," one broker noted. "We still have problems on the political
        145 words
      • Article
        TORONTO
        240 20 TORONTO STOCKS ended barely changed in listless trade after treading within a narrow eight-point range during the session, dealers said. "The market was boring, dull, dead," one trader said. "A lot of people are on vacation and nothing's going on," he added. The TSE-300 index officially closed up 1.2
        240 words
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      56 20 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
      56 words
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  • CURRENCY
    • Article
      Lock icon Short-covering cushions US$ fall
      559 21 NEW YORK Reuter A DISAPPOINTING second quarter US economic report plus renewed speculation of a German interest rate rise caused the dollar to end lower on Friday, but technical buying and shortcovering cushioned the fall. Also supportive were comments from a Bank of Japan official that
      Reuter  -  559 words
    • Article
      Lock icon Asian currencies steady against US$
      648 21 ASIAN CURRENCIES AFP ASIAN currencies held steady against the US dollar last week with as many losers as gainers, but most changes were marginal. The Australian, Taiwan, Hongkong and New Zealand dollars were up. The South Korean won was also vigorous, while the Philippine peso
      AFP  -  648 words
    • Article
      INTERBANK FOREX RATES
      400 21 Cross rates July 26 US$ SS MS Dm Yen SFr AS NZS USS 1.7540 2.7870 1.7555 138.40 0.5963 1.5290 1.2979 ***** S$ 0.5701 1.5889 1.0009 0.7891 0.3400 0.8717 0.7399 1.0029 MS 0.3588 62.94 0.6299 0.4966 0.2140 0.5486 0.4657 0.6311 Dm 0.5696 ***** 1.5876 78.84 0.3397 0.8710 0.7393
      400 words
    • Article
      MONEY MARKET
      529 21 Interbank rates SS Bid Offer Overnight 5 1/8 5 1/4 1-month 5 1/2 5 5/8 2-month 5 1/2 5 5/8 3-month 5 9/16 5 11/16 Overnight mode: 4-7/8 LS$ High low 7 days 5 15/16 5 7/8 1 month 5 15/16 5 7/8 2 months 5 15/16 5
      529 words
    • Article
      Lock icon BOJ has no intention of lowering interest rates
      404 21 Reuter LOS ANGELES The Bank of Japan is not planning to cut interest rates despite the fall in stock prices and uneasiness in Japanese markets brought on by the scandal involving the country's four major brokerage houses, said Akira Nambara, BOJ executive
      Reuter  -  404 words
    • Article
      Lock icon London's futures industry split over trading methods
      496 21 Reuter LONDON A deep division has opened up in London's futures and options industry between the old and new guard over the trading methods best suited to the market-place. Broadly, the old guard dominated by so-called local traders, who deal on their own
      Reuter  -  496 words
    • Article
      Lock icon Gold hit by fears of double-dip recession
      451 21 GOLD FINANCIAL FUTURES REPORT Sing Bullion and Futures PRECIOUS metals have been supported by good retail jewellry demand and by hopes for better economic times ahead. But this has changed for the worse last week following some fresh evidence of poor US economic
      Sing Bullion and Futures  -  451 words
    • Article
      FINANCIAL FUTURES
      178 21 COMEX July 26 COLD FUTURES < 1(X> o/> USSAv Open High Low Settle Change j j u 366.20 +1.70 \u« 364 80 366.50 363.90 366.30 +1.60 Sep 366.30 +1.70 j Oct 367.80 370.10 367.30 369.90 +1.80 Dec 371.20 373.80 370.70 373.50 +2.00 Feb 92 375.20 375.20 375 00
      178 words
    • Article
      PRIME LENDING RATES
      434 21 BANKS 8'i Allied Irish Bank PLC 8": American Express Bank 8"« Am'Dam R terdam Bank 8"'« Arab Banking Corp 8'/2 Arab Bank PI C 7V 2 \NZ Banking Group 8'/i Ban Hin Lee Bank 8 8"2 Bangkok Bank 8'/« 8'<4 8 "2 Bank of America 8'/« 7%
      434 words
  • Page 21 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Excess supply, uncertainty cause weak coffee
      399 22 Reuter NEW YORK Coffee futures fell to 17-month lows, pummelled by a standstill in the cash market, abundant supplies and uncertainty whether producers can agree on a price support policy. Traders said these bearish factors did not suddenly spring on the market but steadily
      Reuter  -  399 words
    • Article
      Lock icon Aluminium stockpile set to top 500,000-tonne mark
      312 22 Reuter LONDON London Metal Exchange (LME) warehouse stocks of aluminium, which rose 11,275 tonnes on Friday to a record 497,150 tonnes, are expected to top the half a million tonne mark soon, traders and analysts said. "It is generally expected that stocks will
      Reuter  -  312 words
    • Article
      Lock icon Crude prices ease on news of Iraqi sanctions
      895 22 REPORTS AFP EXPECTATIONS that the United Nations will allow Iraq to sell some crude oil in order to pay for muchneeded food and medicine pushed crude oil prices down over the past week on commodity markets. Brent prices fell back below the
      AFP  -  895 words
  • Article
    PRICES
    1199 22 Rubber RAS (fob in bales) S cents/kg Int 1 RSS Close July 22 142.75 Julv 23 143.25 Julv 24 143.25 July 25 143.00 July 26 142.50 MRELB (fob in bales) VI cents/kg Int 1 RSS Close July 22 227.50 Julv 23 227.50 Julv 24 227.50 Julv 25 227.50 Julv
    1,199 words
  • Page 22 Advertisements
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  • Article
    AIRCRAFT arrivals and departures
    1152 23 City Flight ETA Flight no Adelaide SQ228 1905 SQ227 2200 Amman RJ182 1400 Amsterdam SQ23 0700 HL842 2255 Athens SQ25 0735 SQ36 2200 Auckland SQ388 2030 BA12 2200 Bandar Seri Begawan SQ181 1410 SQ182 0915 Bangkok QF69 1145 RA408 0825 TG403 1155 TG402 0830 TG407 1225
    1,152 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Rocky edifice filled with history
      583 23  -  POSTCARD FROM BALI By Abdul Hadhi HUGE waves crashing against steadfast rocks in Tanah Lot this is Bali! The Hindu temple nestles on top of a craggy rock at the edge of a rocky beach. Not accessible during high tide, the scene, nonetheless, is spectacular.
      583 words
    • Article
      MONEY CHANGER RATES
      151 23 As at 3pm: I/Kal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.345 1.375 Canadian dollar 1.507 1.537 NZ dollar 0.9900 1.020 Sterling pound 2.925 2.955 US dollar 1.7460 1.7560 luteal dollars to 100 units of foreign currency Austrian schilling 14.00 15.00 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      89 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Aug 6-9 IV Jewellery Buenos Aires, Rossi Heinlein *****1-9413 Aug 21 Building Hilton Inter- The Institute *****21 International Argentina Asociados SA 22 Profitable national Kualaof International Exhibition Brands Lumpur Research Aug 18-20 International Germanv Mode Woche- *****1990
      89 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      40 23 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. A, kram Kimfr tp. n -4-irt l*i Kinitfsh
      40 words
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      Page 23 Advertisements Column 2
      61 23 Starting today, we launch Voices a page for your news and views, bouquets T and brickbats. In fact, p anything you want to get off \JI your chest or share with other readers. So just pick jl up your phone and keep the I calls coming. f eeoh BE IE
      61 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      301 23 8 Those forming the charac- MM a society only for disposal (6.3) i2io sq if it is removed (5) LJ—i«J—ij—■ BH there is no charge (4) 16 How Americans swear to I I I I I I I I I I I I B arouse 19 One responsible for draw-
      301 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      212 23 Singapore Outlook: Fair, with showers over a few areas at mid-day. Report: Maximum temperature 32.6* C Assoc humidity 65% Minimum temperature 26.4' C Assoc humidity 91% I Hours of sunshine 7.85 Rainfall in mm Nil Rainfall this month 37.3 Rainy days this month 8 World report Asia-Pacific Hi/Lo* C'ond. Auckland
      212 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      23 23 FoP FUDGE DOESN'T LEAVE FOR HIS TVE.ROuR-THTffOC.THIS HOUOW ft* PiNOTWeR FoRTV TWO 4 DOLLED HOURS EIGHT MINUTES ftip SPfchKmp CLOCK J yN>M£. SE-CQNpS^...
      23 words
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  • Article, Illustration
    Lock icon Singapore's direct investments in US down sharply
    444 24  -  Manufacturing accounts for 20pc of new funds By Chuang Peck Ming SINGAPORE'S direct investments in the US fell sharply last year, from USS3SI million (*****.72 million) in 1989 to US$5O million, according to the US Department of Commerce. The fall partly reflected a
    Source: Survey of Current Business, US Department of Commerce  -  444 words
  • Article
    Lock icon Listing of Petronas on KLSE possible, says minister
    242 24 Bernama KUALA LUMPUR Minister in the Prime Minister's Department Syed Hamid Albar has not ruled out the possibility of Petronas being listed on the Kuala Lumpur Stock Exchange. "Under the government's privatisation policy, the matter is quite possible in the future," he
    Bernama  -  242 words
  • Article
    Lock icon Bank financed arms sales to guerillas, says newspaper
    487 24 The BCCI Crisis Reuter LONDON At least six British firms unwittingly sold arms to Middle East guerillas in deals financed by the scandal-hit Bank of Credit and Commerce International (BCCI), The Sunday Times said. The newspaper reported that some of the weapons
    Reuter  -  487 words
  • Article
    Lock icon Hashimoto, Kaifu warn of wider impact of scandal
    201 24 AP TOKYO Japanese leaders warned yesterday that damage from a stock market scandal could spread beyond Japan if confidence in the market is not restored. Prime Minister Toshiki Kaifu and Finance Minister Ryutaro Hashimoto both urged brokerages to voluntarily identify the major
    AP  -  201 words
  • Article
    Singapore-Indonesia ties get a boost
    345 24  -  By Chuang Peck Ming PR ESI DENT Wee Kim Wee arrived home last night fully satisfied that his five-day state visit to Indonesia has led to even better ties between Singapore and its biggest neighbour. Speaking to reporters before taking ofT from Bali, the President
    345 words
  • Article, Illustration
    Lock icon Brady expresses support for Japanese counterpart
    363 24 Agencies TOKYO In a highly unusual move in international relations. US Treasury Secretary Nicholas Brady spoke out about the growing public furor over the Japanese stock market scandal, expressing support for Japan's finance minister. In a telephone interview on Saturday from Washington. Mr Brady
    Agencies  -  363 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      202 24 PiageT jOAium ENmmxmi < imus m GENEVE I Western Australian I I property investment seminar I I SAIOO,OOO $A 200,000 I I FULLY MANAGED, INVESTMENTS IN Representatives from Arthur Andersen THE SECOND FASTEST GROWTH Co. will also be available to provide details II REGION IN AUSTRALIA. 1 of the various
      202 words
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      Page 24 Advertisements Column 2
      9 24 British creditors seek to form new bank, Pg 6
      9 words
    • Advertisement
      Page 24 Advertisements Column 3
      115 24 PlygeT /o/wjjer ENiumxwiE imns m GEN&VE lokai files suit against deputy branch manager, Pg 6 B Dauphin Sitzkuutur YOUR BACKBONE IS WHERE YOU FEEL YOUR COMPANY'S ATTITUDES. We want to inspire people with chairs which display The superb, clean lines of the design of Dauphin chairs integrate elegantly into the
      115 words
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  • Shipping Times
    • Article
      OOCL, APL to team up on trans-Pacific route
      414 25  -  By Rahita Elias TWO shipping majors Hongkong-based Orient Overseas Container Lines and US carrier American President Lines are planning to join hands on the trans-Pacific trade later this year. The two companies will file with the US Federal Maritime Commission an agreement
      414 words
    • Article
      Submarine cable network project draws interest
      359 25  -  By Dexter Lee, Koichi Ishiyama AN OPTICAL FIBRE submarine cable network, worth about US$3lO million (***** million), has drawn investment interest from 38 telecommunications bodies in 23 countries. These investors, including Singapore Telecom, will seal an agreement spelling out their respective shares in the
      359 words
    • Article
      Lock icon Many unseaworthy ships plying Australian waters
      395 25 UPI SYDNEY More than half the ships inspected as they enter Australia are not legally seaworthy, and only about a quarter are even checked, an official of the Australian Maritime Safety Authority said last week. Lan Williams, AMSA manager of ship safety, acknowledged the
      UPI  -  395 words
    • Article
      INDEX TO ADVERTISERS
      1193 25 Page Col ABC Containerize 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 ASXCLShpg
      1,193 words
    • Article
      Good response to AIS scheme, says TDB
      360 25  -  Results expected to be released next month By Magdalene Phang RESPONSE to the Approved International Shipping Enterprise (AIS) scheme which was introduced in this year's budget has been good, according to a top Trade Development official. David Chin, TDB director of international trading,
      360 words
    • Article
      Merpati buys five ATP planes from British Aerospace
      242 25  -  By Selva Kumar INDONESIAN domestic carrier Merpati Nusantra Airlines has ordered five British Aerospace Advanced Turboprop (ATP) aircraft. The 68-seater aircraft will be used in Merpati's inter-is-land service network and are expected to be in service by early next year. In a
      242 words
    • NEWS SUMMARY
      • Article
        US railroads: call for more safety rules
        40 25 THE July 14 train accident in northern California, in which thousands of gallons of pesticides were spilled into the Sacramento River, has raised calls for more rules to ensure rail safety Page 2
        40 words
      • Article
        Creditors of Pan Am to study offers today
        58 25 AFTER warning that it will not support the current attempts by TWA, Delta and United Airlines to buy only parts of the Pan Am Corp, the unsecured creditors committee of Pan Am has scheduled a meeting today to decide whether to support
        58 words
      • Article
        Latvian-US airline ready for takeoff
        26 25 AN airline involving Latvian. Soviet and American partners will launch its first flights in October using refurbished Aeroflot jets Back Page
        26 words
      • Article
        Incentive flyer programme planned
        40 25 A BOSTON firm plans to introduce an airline incentive programme in the United States that would grant free travel awards on several major US and Canadian carriers with the purchase of goods and services Back Page
        40 words
      • Article
        Australia could be door to Asian phone market
        43 25 INTERNATIONAL telecommunications companies see the liberalisation of the Australian market later this year as providing a springboard to Asia, which has half the world's population but only 17 per cent of the telephones Back Page
        43 words
    • LOG BOOK
      • Article
        Northern Telecom income up 21pc
        46 26 TORONTO-BASED Northern Telecom has turned in strong half-year results, with revenues 21 per cent higher at U553.96 billion to yield after-tax profits of US$l9O million. This works out to earnings of 78 US cents, up from 67 US cents last year.
        46 words
      • Article
        New Burness, Corlett chairman
        41 26 UK-BASED marine consultancy firm Burness, Corlett and Partners, which specialises in naval architecture and marine engineering, has appointed B E K Gilmour as its chairman. Mr Gilmour was formerly the executive vice-president of the MacGregor Navire group.
        41 words
      • Article
        Forbidden waters open to ship
        75 26 LE HAVRE, France The French supply ship Astrolabe set sail for Hakodate, Japan, last Saturday via northern Soviet waters forbidden to Western vessels for 69 years. The polar vessel, owned by the Compagnie Nationale de Navigation (CNN), operates from the Antarctic base of Dumont d'Urville
        75 words
      • Article
        Two German trains collide
        36 26 WOLFSBURG, Germany At least three people were killed and 21 injured, several critically, in a head-on collision between two trains early last Saturday near Oebisfelde in former East Germany, police said here.
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      • Article
        Signalling, careless staff blamed
        57 26 ISLAMABAD Official inquiries blamed railway signalling and staff carelessness for a train crash in southern Pakistan last month which killed 55 people, a government official said last Saturday. More than 180 people were also injured when an express train ploughed into the back of a stationary'
        57 words
      • Article
        Indian helicopter crashes
        39 26 JAMMU, India An Indian Air Force helicopter crashed in Kashmir, killing four officers, defence authorities said in the state's winter capital here last Saturday. The crash took place near the town of Udhampur last Friday evening.
        39 words
      • Article
        TWA bondholders hearing
        66 26 CHICAGO A hearing for bondholders seeking a preliminary injunction against Trans World Airlines Inc has been reset for tomorrow at 0930 EDT in the US District Court in White Plains, New York. A source familiar with the talks said the hearing, which was scheduled for last Thursday
        66 words
      • Article
        Ford-Werke invests 8b marks
        64 26 COLOGNE, Germany Ford-Werke AG, German unit of Ford Motor Corp, said it plans to invest more than eight billion marks up to 1994 in new products and production plants to counter increasing competition on the car market. Ford-Werke management board chairman John Hardiman told the annual
        64 words
    • Article, Illustration
      Lock icon US railroads: how safe for carrying hazardous materials?
      1436 26  -  The July 14 train accident in northern California, in which thousands of gallons of pesticides were spilled into the Sacramento River, has raised calls for more rules to ensure rail safety. Keith Schneider reports Keith Schneider NYT THE train derailment and chemical
      NYT  -  1,436 words
    • Article
      DAILY FREIGHTS
      539 26 DRY CARGO freight futures on Friday attracted very little interest and finished narrowly mixed, dealers said. Market operators were awaiting physicals to show a clearer picture for next month's rates. "Many feel the die is cast for first half August so they're sitting back to see what transpires
      539 words
    • Article
      COCKETT BUNKER MARKET REPORT
      837 26 TFIIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      837 words
    • Article
      THE SHIPPING GUIDE
      10837 34 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 of
      10,837 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        589 41 Vessel Voy No Berth AmvaJ Departure Vessel Voy No Berth Amvai Departue Marina Terminal 1 1 Swan ***** SO? 29 07/1830 30 07/1200 Asianwtse 501/91 M01 alongside 28 07/1600 Hong Woon ***** M03 atongsrfe 29 07/0630 JUrong Port Hong-Soon ***** M02 ato<«side 29 07/0630 j Crystal Queen
        589 words
      • Article
        CONTAINER SCHEDULE
        952 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Sty Voy No Etb/Btr Period From To From Ace Concord 22W 29/1700 1 28/1500 28/1659 28/1900 ACX Lily IB 30/0700 1 28/1500 28/1659 28/1900 2 28/1700 29/0659 29/0900 3 29/0700 29/1159 29/1400 ACX Lotus 15A 31/0100 4
        952 words
    • Article, Illustration
      Lock icon Creditors of Pan Am to study offers by its 3 suitors today
      578 42 NYT NEW YORK After warning that it will not support the current attempts by Trans World Airlines, Delta Air Lines and United Airlines to buy only parts of the Pan Am Corp. the unsecured creditors committee of Pan
      NYT  -  578 words
    • Article
      Lock icon Incentive flyer programme planned
      156 42 Reuter BOSTON A Boston firm plans to introduce an airline incentive programme in the United States that would grant free travel awards on several major US and Canadian carriers with the purchase of goods and services. The programme, called Air Miles, has existed in Britain since
      Reuter  -  156 words
    • Article
      Lock icon Latvian-US airline ready for takeoff
      299 42 Reuter HOUSTON An airline involving Latvian, Soviet and American partners will launch its first flights in October using refurbished Aeroflot jets, the new company said. Baltic International Airlines will open with service to some northern European cities, Tel Aviv and the Soviet Union. Partners include
      Reuter  -  299 words
    • Article
      Lock icon Australia could be door to Asian phone market
      541 42 Reuter SYDNEY International telecommunications companies see the liberalisation of the Australian market later this year as providing a springboard to Asia, which has half the world's population but only 17 per cent of the telephones. "There are opportunities in digital networks, cellular
      Reuter  -  541 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      27 25 Lines and services represented by bers of the Registry of Accredited Shipping Agents. Singapore National Shipping Ass ciation. \SMPK/ For advertising enquiries, contact Ship/unit fimcs Tel 740-20NW740-20W
      27 words
    • Advertisement
      Page 25 Advertisements Column 2
      224 25 THE SPECIALIST IN: A Wire Rope Sfingt\ e Lathing materia rs toting M FACtLmMS j/g e Lifting MINTERMARINE SUPPLY CO (PTE) LTD TEL: *****33 (10 unes) FAX: *****77 Everything Our Company Stands For Can Fit On The Head Of A Badge. This isn't just a badge. tomer requirements; managing by
      224 words
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      Page 25 Advertisements Column 3
      31 25 Cockett Report 2 Container Schedule 17 Daily FreigMs 2 Index to Advertisers 1 Shipping Guide 10,11 Ships m Pott 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions 17
      31 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      139 26 B U s 1 N E s s TIMES TELEPHONE: 730-5771/ 5 772/577 3 FAX 7> 4 49 H 2 SIMPSON SPENCE YOUNG are looking for experienced tanker 4 P brokers for their Singapore Office. Good salary and incentives for the h right people. Please call Chris Jones Tel: 227-0988
      139 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2507 27 OOCL (S) PTE LTD JARDME SHIPPING AGENCIES %11V#* TEL: *****11 FAX: *****09 WWWMW BOOKINGS TEL: *****34/ *****58 IVC&Xlll W TERMINAI7CFS TEL: *****18-220 I* EQOOg f pesaka jar dine shipping agencies son. BHD A PORT KELANG TEL: *****18 FAX *****91/*****88 KVM PENANG TEL *****4 FAX *****1 CFSTEL *****6 ■VHBfIMM Dedicated to
      2,507 words
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      Page 27 Advertisements Column 2
      2111 27 TRANSPORT DIARY Aug 8 (12.15pm): Luncheon Talk by Mr Frederick Tsao, Managing Director of International Maritime Carriers Group of Companies. Organised by The Institute of Chartered Shipbrokers (Singapore Branch) at World Trade Centre Club. For further information, tel: 227-7990, 225-7388 or fax: 225-7638. Aug 13-14: Seminar on Shipping and Air
      2,111 words
    • Advertisement
      Page 27 Advertisements Column 3
      1607 27 TWO SAILINGS PER WEEK TO INTRA ASIA SINGAPORE/YOKOHAMA 9 DAYS SINGAPORE/NAGOYA 10 DAYS VnM Voy ETA I ETD 'Port "Penang DESTINATIONS Singapore Kelang TN« «Mt Majestic Maerak 9106 by cv 31/7 osoo mhs m pvho CFS 30/7 2368 MRS I OAK I LGB I HOU I MEM I ATL MIA
      1,607 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1183 28 1 IROTTEDAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SfiSßt KASUGA 16/130 1/8 24/8 20/8 19/8 PFJSi ELBE 06/131 8/8 31/8 27/8 28/8 LEVERKUSEN EXPRESS 02/331 11/8 28/8 30/8 2/9 3/9 J. *U LONDON EXPRESS 03/132 16/8 7/9 4/9 3/9 SSBAJSSSSi% KITANO 09/332 18/8 4/9 6/9 9/9 10/9
      1,183 words
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      Page 28 Advertisements Column 2
      674 28 SEASPAC SERVICE DIECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J BON TANG 2404E8 30/7 t4/a 17/8 22/8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTO*A. PAGO PAGO. APIA I NUKUALOAFA DIRFCT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX STO (PERU) L. J BONTANG 2404E8 30/7 5/9 6/9
      674 words
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      Page 28 Advertisements Column 3
      1514 28 &4NNC REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SM ALG BCI HAM BRE ROT ANT FEL IHA (VIA (VIA (VU 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 03/08 25/08 27/08 29/08 30/08 31/08 01/09 02/09 03/09
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2190 29 S/~steamers Maritime Holdings Ltd P&O 1 If STRAITS SHIPPING ■ML *3 «—mn to Braaal, last Malaysia, Containers M jm No ♦"PaeZ Pullpore M| Sou Ant Rot Hb| HON* MAmM 9110 27/07 2»/07 31/07 IS/OA l»/0» 19/00 21/00 r»onri Niweont BAY 0544 27/07 20/07 03/00 20/00 22/00 24/00 ."J"™ lEBE UAfRSX
      2,190 words
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      Page 29 Advertisements Column 2
      2256 29 TO: U.S.AJPANAMA FM: U.S.AiPANAMA VlSltl/VOY SP OM ia an l» w WTC VtglVOT WTC WW C«1 IGB OAK V CMOVANG SUCCESS (MM "ITT "H/i s>7i 0/9 13 1 14/9 >» >"» fUWKW SIII4UW W*l23 12/0 14/0 10/0 *1/0 »/0 1/7 29/7 GfIMAN yHA TOR IFIJI 10/0 4/9 0/9 15/' 21/9
      2,256 words
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      Page 29 Advertisements Column 3
      394 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOT V P* KUC M ORANGE MOON 15 31/7 EASTERN PEARL 7 "ITS 30/7 MM 13 ITS sai pme H Trt i/7 asuw cirra 1 2/« AMBAIKI ~U 3it cosmk pan is «7i ®7i ORANGE OCEAN 102 4/1 ®7i CMC
      394 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      572 30 w Ha CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl/ttY SPOM MMM/AOM HBtfG BRtMkN ANTWERP SRIWIIAYA 32M 5/1 7/9 13/9 17/9 20 9 RUTM. 23N8 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement Also accepting cargo to Casablanca Pod Said. Port Aleiandria
      572 words
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      Page 30 Advertisements Column 2
      1018 30 HXitl |X/ HANJIN SHIPPING I RTM ANR HAM BRV FEI FEEDCR VSL «N AUI S*/. HHANIM FELIXSTOWE 008W 5 8 22/8 23/8 24/8 24/8 26,8 27/8 HAN JIN ROTTERDAM 01M 2/» WRECT ZZ/8 ZS m fl HANJIN SEATTLE 019W 11/8 29 8 30/8 3WB 31/8 2/9 3/» HANiIN KAOHSWNG MSE
      1,018 words
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      Page 30 Advertisements Column 3
      68 30 uwca u» MKff. Nf*w snum liou r*cft we h«w oct» VESSELS AVAILABLE FOR s aIE/CM A ATEft/TRAKiSHIfiMfeNT SONG TXAO —MO CKM MINH/TUnCOMN IS/S/9' -A VESSEL" MAWUS/CALCimA/CHrrTAOONO/RANOOON WW AARON F' PENH HJ/S/f "A VESSEL" COLOWBO/DUBAI/DAMMAN/KUWAIT 30/7/f -A VSL JEDOAM/HOOEIOAM/AOABA S/S/»< •Q SERAYA" SIN BATAM WEEKLY SERVICES TMC SHIPPING/A AARON ORIENT LINES
      68 words
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      Page 30 Advertisements Column 4
      1231 30 MfWM -£11y TpJ -1 -4~3"T^^ lil.P A rtlii* B "T* b'U MiM^4ffiiill^l4jgl^HlA!liisZ£mj^^^^^^^B IKL SCP WG KSG KIC fUS WT OSK NGT SMZ TYO LAX CHS Ml IKt IW MM «H W IK KO CM Ml SCP f LOMMG Rf -070 31/7 1/1 (/I 71 1/1 12/1 14/S 16/1 17/t 11/t
      1,231 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1898 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****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 fiMf FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MwS NEPLINE SDN BHD MALAYSIA K.1.-(03) *****33, P. Kelang-(03)
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      Page 31 Advertisements Column 2
      1047 31 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 FULL CONTAINERSHIP SERVICES mSTBOfC- OCSCHAKGHG WESTBOUM)—LOADfIG TRAKSHTffD VIA ROTTERDAM irwit wt |w |m we vov |w |m
      1,047 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1962 32 K 4 4 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W w TEL: *****77 TELEX: KAWAKIRS23I6S FAX *****79 I Md m MALAYSIA: 'IT LINE MARITIME (MALAYSIA) SDN BHD 1 JL ak. JUr All MmJ TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 mmmm KAWASAKI KISEN KAISHA,LTD
      1,962 words
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      Page 32 Advertisements Column 2
      771 32 PHIU'ORI€NT UN€S PTC LTD 1 108 Robinson Road #07-00 GMG Building Singapore 0106 J&Hf' Te,: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU QfW MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION SsJ!r TQ 2 AUG DUBAI. DAMMAN, SHARJAH, DOHA, 6
      771 words
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      Page 32 Advertisements Column 3
      421 32 golden line GUAN GUAN SHIPPING fPsIX\ (PTE) LTD 1 23, Telok A*er Street SINGAPORE 0104 TEL: *****88 (10 LINES) Fai *****04 (CR No *****SS0000W) STRAITS/PERSIAN CULT »EH VICE S'pore P Kelang Pnung SOLON MN« Colombo Hwachi 'DuUi 1/4 «u| GOLDEN HAKN Cotomto K»r»c* Dub* 2f/2t Auf CHIHA BKB VICE 4VS.
      421 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1398 33 PACIFIC INTERNATIONAL LINES (PTE) LTD p,' M M!■ PIL Building, 140 Cecil Street #0340, Singapore 0106. J AK ARTA J I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN IKK SIN EDEN 311 30/7 2/8 8/8 PEQASUS PROGRESS «77N 30/7 2/• 8/8 EQUATOR MAS 13N 31/7 2/8 7/8
      1,398 words
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      Page 33 Advertisements Column 2
      1027 33 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint HjA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY /SCAN SWEDEN Nedlloyd Hoofn 246 29/7 19(8 Bunga Suria* 258 30(7 16/8
      1,027 words
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      Page 33 Advertisements Column 3
      426 33 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spor« P.KIf Pot PGd| MYOMAYWA VI36W In Pt PWYA VIISN Sid tn ft TAUNC GYI V422W 1/2 Au| MERGUI VIOBW 3/1 Au| 31/3 M AVA VIIOW 11/1 Aug H/23 Auf MPA AN VI66W 19/22 Auf Ifflt THE BANK UMI
      426 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      697 36 TO AUSTRALIA/NEW ZEALAND fwi Tsn If'Mn 1 1Mb T»»d AucA T»»t P CWAIM MARTHA < 27} 13/1 l»/8 73/1 24/8 30/1 l/» &len huwg in Ivi 175 io/» is/» w/» i»/> BtUSXL 277 4/» 14/» 20/9 23/1 *>/» 1/10 C VEMII* 271 21/$ 21/9 3/10 7/10 13/10 IS/10 TO USA/CANAOA
      697 words
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      Page 36 Advertisements Column 2
      808 36 OUTBOUND VOY PKL PNG MT SIN I HKG KAO Kit TYO StU NGO KOB VESML VOY |SW IfKL PWS 1W «H~l 1 ACKLI.V 138 *2(7 26 730 7 3.1 51 91 141 151 ICEWM) 1M 31.7 II M M ACI LOTU j TT 61 101 12 8 188 17 8
      808 words
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      Page 36 Advertisements Column 3
      178 36 Si^~~P.T "piRUS~AHAAN PELAYARAhfj i\M KALIMANTAN r DIRECT WEEKLY SERVICE TO i JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA XXII Voy 17/91 29/30 Jul Jakarta/Palembani I NIAGA 42 Voy 12/91 2/3 Auj Jakarta/Palembani NIAGA XXI Voy 17/91 5/6 Au| Jakarta/Palembanj I NIAGA XXII Voy 18/91 8/9 Aug Jakarta/Palembani I NIAGA 42
      178 words
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      Page 36 Advertisements Column 4
      1616 36 H] #J CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS SINGAPORE'S GENERAL AGENTS CHUNG CHIAO SHIPPING SDN BHD C OSTAR SHIPPING PTE LTD P -L£t?. A L™.c KL TEL: *****91/17 FAX: *****92. ***** jn. o?cigrtn/??gig33 INDONESIA MARITIME P ALANG TEL 35M106/I TLX :MA ***** J« TEL: (021)*****7, *****4
      1,616 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      589 37 GUARANTEED CONSOL TO:KEELUNG/KAOHSHJNG 8.8.91 HONG KONG 5.8.91 BUSAN 5.8.91 BANGKOK 4.8.91 EUROPE 4.8.91 TQKYO/KO6E/YOKOHAMA 4.8.91 USA 4.8.91 AUCKLANO 9.8.91 FREMANTLE 6.8.91 SYDNEY/MELBOURNE 9.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAY, SOPHIA BAY OR KAREN SIM FAST DIRECT REGULAR SERVICE
      589 words
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      Page 37 Advertisements Column 2
      389 37 a TEL: *****33 (12 Lines) „1 FAX: *****15/*****03 P3 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANDINET 24W8 i3'M DARESSALAAM, MOMBASA DJIBOUTI ASSAB MASSAWA abyot ?«wb 10/09 dabessalaam. mombasa Djibouti ASSAB MASSAWA IE
      389 words
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      Page 37 Advertisements Column 3
      1245 37 seaward I TRADING CO (S) PTE LTD Bs=SSaWHBHHIHHHBHHHaDBDB!^n SYDNEY/MELBOURNE BANGKOK ETA ETA ETA f*ML l»OY twt 1 tw> mt "1 Kttt WT MWMWK BAHQKOR SPORE TORTKEIANG KNANG MmiM lut I /7 Fn I 2 /t IS g I rtwu 1251 >10/1 22 24/1 H-Wl 1?! loading lot f)YA BHUM 1307
      1,245 words
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      Page 37 Advertisements Column 4
      367 37 ®«*aa Ttecn-unE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIM MA* SIN EAGLE CAPE 015 In Port 07-08/08 13-14/08 TIGER STAR 168* 03-04/08 10-12/0S 18 18/08 TIGER BAY 169N 07-08/08 14-16/08 22-23/08 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOY S M CAL SIN EAGLE BREEZE 075 In Port 03-07/08 13-14/08 LHOTSE 406
      367 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1184 38 S'PORE IMPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 j PQRTS (COLOMBQ/S. AFRICAjjj j ■i—-——— PK SIN PEN PK SIN Colombo 3/8 4/8 5/8 1/8 2/8 3/8 Ldn/Flx/Rdm/Ant Durban/Pt Louis 29/7
      1,184 words
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      Page 38 Advertisements Column 2
      379 38 HHHJHHIRppIW ICfc BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPL *KL LYT SIN MULBCRA 22S 9/1 21/« MAHSURI 0502 27/1 »/9 27/ PROSPECT US 1/9 20/9 VIA Wl 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON, ACCEPTING FCL
      379 words
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      Page 38 Advertisements Column 3
      1207 38 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 CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOV lETA IIEST VESSEL VOT SPOtE f. HEUMW~ KIM
      1,207 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      730 39 de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO MATARANI, H0 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPW THROUGH BHL Of LADING. Ptiunf* P KtUnf S>i( ipor e E MjuKAAABOIKTT 02/03 Auf 08/09 Auf KJHNEVEHFM 13/14 Auf 15/17 Au( SMAPIAEVOETT 31 Auj/01 S«pt 02/04 Sept "EVERETT
      730 words
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      Page 39 Advertisements Column 2
      526 39 vsl I VOY Is PORE Imahlwer [lax [KST hAV [NYC Ihfx ZM YOKOHAMA 1M JO/7 mi ITALIA 27/1 3/9 t/1 10/* 12/9 m THESTE 131( 1/1 KOREA 5 1 14 17/» 19/9 21/» m (LAI (M 13/1 MONGKON6 12,» 21/9 24/» 26/9 21/J LQNMO M 20/1 2M KEUUNG 23/* 2/10
      526 words
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      Page 39 Advertisements Column 3
      657 39 I MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS. JCDDAH FAR EAST ACCEPTING FCL/LCL PfNANG P KELANG JAKARTA. BANGKOK. HONlj KONG. TAIWAN JAPAN MANII A KORfA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TUBURY. ABEROEEN. IE HARVE HAMBURG ROTTERDAM. ANTWEP GOTHENBURG.
      657 words
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      Page 39 Advertisements Column 4
      598 39 ;rw PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBV DERAJAT 947 30/07 02/08 PBASETIA 185 A 01/08 04/08 PELOPOR 999 03/08 06/08 DERAJAT 948 06/08 09/08 TANTO UTAMA 181 29/07 01/08 TANTO UTAMA 183 06/08 09/08 TANTO UTAMA 185 14/08 17/08
      598 words
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      Page 39 Advertisements Column 5
      402 39 SIN FM EAST 3/8 KEELUNG/KAOHSIUNG 3/8 BANGKOK 3/8 MANILA/CEBU 3/8 JAKARTA/BELAWAN/SURABAYA 3/8 PORT KELANG/PENANG/E. Malaysia 5/8 BUSAN 5/8 TOKYO/YOKO/KOBE/NGO/OSA 5/8 HONG KONG SIN CHINA 5/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DAUAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 3/8 LDN/FLX/LVP/SOU 3/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 3/8 LOS
      402 words
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      Page 40 Advertisements Column 1
      736 40 FIL Container Services Pte Ltd 1 1 m IHE TOTAL SERVICES NVOCC MADRAS CALCUTTA VBL VOY SINGAPORE/MADRAS/SINGAPORE VBL VOY BINQAPORE/CALCUTTA/BINQAPORE VESSEL VOY SIN MAA SIN VESSEL VOY SIN CAI •NEXT AVAItABLE 29-29/08 07 08/08 13-14/08 NEXT AVAILABLE 28-29/07 03-07/08 13-14/08 03-04/08 10 12/08 18 18/08 04 05/08 }1|«/M JJJ/J 07
      736 words
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      Page 40 Advertisements Column 2
      454 40 nonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION JAKARTA 30 JUL Y ALSO ACCEPTING CARGO TO: PORT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 03/8 10/1 JAKARTA CONTERM EDEN 30/7 6/S PENANG CONTERM A.BHUM 03/8 10/8 PORT KELANG CONTERM SEROIA 03/8 10/8 EUROPE CONTERM TONGHAE 28/7 04/8 AUCKLAND CONTERM MUIBERA
      454 words
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      Page 40 Advertisements Column 3
      509 40 ClUi COnUJRV LCL/FCL SERVICE FROM fX/ f H B WQUI op«r»tM ovar 6°o fcwmlrnls/offices In U.S.A 1 HI B) flßi m BJJI maintains over 35,000 tractors ft trucks. II iMm J points In US. A l/rwh w lcVfcl99r)fk Ganaral Aganti 7BAA/S~L/A//C n/) PENANG- KL:allied-LINK SINGAPORE: m 04-*****2 09-*****55 778 6522(22
      509 words
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      Page 40 Advertisements Column 4
      396 40 mmas^m MANILA ETA VIGOUR SINGAPORE SNB 27/7 VIGOUR PACIFIC 42N8 3/8 BANGKOK 4/8 12/8 BUS AN 29/7 2/8 HONGKONG 29/7 2/8 DURBAN, PT LOUIS 3/8 15/8 KEELUNG 28/7 4/8 USA 29/7 5/7 PT. KELANG 29/7 2/8 KOBE 27/7 3/8 PIRAEUS 8/8 19/8 OSAKA 7/8 14/8 IAKARTA 29/7 1/8 SURABAYA 29/7
      396 words
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      Page 41 Advertisements Column 1
      369 41 vOc vOc vOc vO c vO c vO c Oc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: 0 f\ THE ONLY CONSOLIDATOR WITH WORLDWIDE NETWORK [A J 1 J Weekly FCLACL Services To/From V/ USA EUROPE FAR EAST V Baltimore:Votainer Consolidation Services Hamburg:
      369 words
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      Page 41 Advertisements Column 2
      620 41 |gSdiiSyd?uTes 70 Europe/mediterranean, think nedlloyd j NEW ZEALAND/FLU 1 VESSEL Jkt KXf fin *Bkk Sw Sbaya Auckland Fip(A) NPtymouth(A) Timaru Lyttaltan(B) Ounedtofß) Napwr Wefcgton(C) Tairanga N. Rosano/9118 29/7 31/7 30/7 30/7 1/8 3/8 19/8 28/8 21/8 21/8 22/8 22/8 25/8 26/8 27/8 N. Rochester/9119 10/8 12/8 11/8 11/8 14/8 17/8
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      294 41 TIDES AND WEATHER TODAY'S TIDES (twfrt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 *************************5001C00 **********00 2000 2100 2200 2*o JR 31 10 2.7 2.1 16 06 04 04 06 0.7 1.1 18 23 2.5 2.4 2.2 1.7 1.2 09 0.7 09 1.2 18 2.5 PR
      294 words
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      Page 42 Advertisements Column 1
      817 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY IHR PKE SIN IWE HAUL VOY LBH OAK SEA IHE HAU. VOT TCM/StA Wl MING CHUN 128 28/07 29/07 01/01 H PIONEER 42E 26/08 29/08 01/09 TOWER BRDGE 70C
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      Page 42 Advertisements Column 2
      120 42 PASJR GUDANG/SINGAPORE TWICE WEEKLY SAVINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 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 024S 12/8 13/8 RASIR GUDANG SINGAPORE (t>7) *****0/*****1 (02) 534-0042 mSSSSS S 7 A VT i DAMAR SEGARA AGUNG LINES VESSEL
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      Page 42 Advertisements Column 3
      461 42 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) --"T. |S TOM |S TON K**t «DM< LW Steß-. IfKWUSN Eimss 02 Ml 11/1 2»/l *1 M 3'l ««t«r4im Mw«p «-mltr*»m 0* Httu* atici |i£ |M I I 22;! fl/l 19/1 To Brtmw MONTI ROSA 14 330 4/f 21/1 23/1 M/l SoiUwmptor
      461 words