The Business Times, 12 August 1991

Microfilm: NL17607
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, August 12, 1991 75*
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  • NEWS SUMMARY
    • Article
      Japan ready to take up global responsibilities
      62 1 BEIJING Japan will take up global responsibilities equal to its economic power and work actively to shape a peaceful and prosperous new world order, visiting Prime Minister Toshiki Kaifu pledged yesterday. The world community has begun a collective effort to build a "new
      62 words
    • Article
      Bush acts to keep Greenspan at work
      75 1 KENNEBUNKPORT, Maine US President George Bush has acted to keep US Federal Reserve chairman Alan Greenspan at work after yesterday, when his term expired, and while lawmakers weigh his nomination to stay on for a further four years. The announcement by Mr Bush
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    • Article
      Project taking shape
      31 1 THE Kuala Lumpur-based Globe Silk Store will see its second commercial property investment in Singapore ready in December, after a sixyear delay owing to the recession Page 2
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    • Article
      Bali wooing S'poreans
      38 1 SINGAPOREANS are the target of a major new holiday campaign to be launched shortly by hoteliers and travel agents for the luxury resort of Nusa Dua on the Indonesian holiday island of Bali. Page 8
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    • Article
      Late US recovery
      43 1 THE US recovery that had been widely expected since late spring now seems much less certain, raising the likelihood that a strong rebound in hiring, wages and retail sales will not occur before the autumn, at the earliest Page 9
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    • Article
      New road for Jakarta?
      38 1 AT A TIME when Kuala Lumpur is tempering his New Economic Policy to suit changing economic imperatives, President Suharto is under some pressure to introduce an NEP-like social engineering exercise in Indonesia. Page 11
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    • Article
      Changing tune
      29 1 FOR DECADES, modern violins, violas and cellos have been considered inferior to their 18th-century Cremonese counterparts, but that attitude seems to be changing these days Page 17
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    • Article
      Firms told to unite
      31 1 ASIAN shipping companies have been urged to pool their resources to minimise their exposure to risk as well as maximise economies of scale. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      High-stakes move
      24 1 BIG BUSINESS groups in Malaysia are going all out to carve a share of the multi-billion-dollar gambling business for themselves Page 3
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    • Article
      Deal for voice mail
      42 1 MEMBERS of the Time Engineering group of Malaysia and Singapore's Steamers Maritime Holdings are tapping into the fast-growing and increasingly sophisticated telecommunications market through a M 55.2 million (Ss9 million) contract for a voice mail system Page 3
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    • Article
      Unilever holds its own
      27 1 ANGLO-DUTCH multinational Unilever pic is showing its fighting qualities in resisting the worst ravages of the current economic downturn, analysts say Page 4
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    • Article
      Icahn may change plan
      28 1 TWA chairman Carl Icahn may alter his three-part bid for PanAm's assets to counter a new proposal by Delta Air Lines Inc Page 5
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    • Article
      Poor outlook for GM
      29 1 GENERAL MOTORS Corp will not make money in its core North American car market for two to three years, says a senior executive Page 5
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    • Article
      Look at US example
      37 1 JAPAN'S Finance Ministry, attempting to deal with a growing brokerage scandal, will soon send a team to the US to study how that country's securities industry watchdog inspects and prosecutes violators Page 6
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    • Article
      Drexel deal approved
      26 1 A US district court has approved Drexel Bumham Lambert's settlement with creditors on a plan to take Drexel out of bankniptcy Page 6
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    • Article, Illustration
      STOCK INDICES
      24 1 Friday Change Kuala Lumpur ....565.43 +0.55 Tokyo 23,434.62 -47.84 Hongkong 4,024.01 -22.55 Sydney 1,584.1 -6.0 New York 2,996.20 -17.66 London 2,570.6 -30.0
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    • Article
      COMMODITIES
      28 1 Rubber M'sia Sep 227.00«/kg -0.5 KL Tin Turnover 45 tonnes +-13 Spot MS 15.42 /kg unch Crude palm oil Turnover 1,336 lots -384 Aug MS863 /tonne +4
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  • Article, Illustration
    Goh: I want your endorsement as PM
    842 1  -  Prime Minister's National Day Rally message Fresh initiatives to create a more caring approach to health care, education and housing By Yang Razali Kassim, Claire Leow IN HIS first National Day rally speech as Prime Minister, Mr Goh Chok Tong said last night
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  • Article, Illustration
    Standing ovation for Lee Kuan Yew
    176 1 SINGAPORE'S government, community leaders and business heads last night gave Senior Minister Lee Kuan Yew a standing ovation during the National Day rally. Prime Minister Goh Chok Tong, at the start of his speech in English, asked the audience to pay tribute to his
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  • Article
    DBS posts 7.4pc rise in group net earnings
    662 1  -  By Magdalene Ng REDUCED opportunities in share financing and other related businesses of new share issues have restricted DBS Bank's earnings growth for the interim period to endJune this year. Although DBS managed to register healthy group net earnings for the six
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  • Article
    BT's $100,000 challenge is back
    151 1 BT's investment race (Contest No. 5) starts today, with attractive prizes awaiting winners. Money coupons worth $20,000 each will be published in BT every day till Friday. The first coupon appears on Page 6. Cut all five and you'll have a total value of $100,000.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      132 1 THE nce PROFESSIONAL EYE CARE OPTIQUE fHRLS V//A7 -s Plaza Singapura Liang Court ***** Daimaru iMI Marina Square Sunglasses Counter Arcraft Schedule 25 KLSE 21 World News 9,10 The Arts 17 Martet Reviews 20 For martet indces, edrtonal. Commodities 24 Money Changer Rates 25 advertising and circulation exCompany News 3,4,5
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    • Advertisement
      Page 1 Advertisements Column 2
      81 1 Dulux THE BETTER PAINT Rediscover your love of flying. ;i Once upon a tome you approached ftytng with a keen perhaps become smpty a means to an end Rediscover the sense of exctement Then you grew up Now you have things you first loved about air travel Aboard Japan Airfares,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Next elections will see 15 GRCs
        199 2 THERE WILL BE 15 Group Representation Constituencies (GRCs) in the next elections, each comprising four Members of Parliament, on top of 21 single-seat constituencies. This means a total of 60 MPs in the next Parliament from GRCs, out of 81 seats to be contested
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      • Article
        S'pore joins Aussie air exercise
        113 2 TODAY, the Northern Territory of Australia will be the site of an air exercise involving the Republic of Singapore Air Force (RSAF), the Australian and American air forces. The exercise, codenamed "Exercise Pitch Black '91", is to last 19 days. The RSAF will be represented
        113 words
      • Article
        Blasts off Johor coast: findings
        98 2 THE Singapore High Commission in Kuala Lumpur informed the Malaysian authorities last Saturday that investigations by the Singapore Ministry of Defence have shown that Singapore could not have been responsible for the explosions off the Johor coast. Details of the investigation, released in a statement
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      • Article
        Divers needed to save corals
        100 2 THE Malayan Nature Society (MNS) is trying to mobilise 200 divers to save corals between Sentosa and Buran Darat starting next month. The corals are currently being threatened by a $100 million land reclamation project by the Sentosa Development Corporation to join the two islands.
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    • Article, Illustration
      Globe Silk Store's $17m building to be ready in Dec
      442 2  -  Development to have lettable area of 3,580 sq m By Sangeeta Mulchand THE Kuala Lumpur-based Globe Silk Store will see its second commercial property investment here ready in December, after a six-year delay due to the recession. To ensure that
      442 words
    • Article, Illustration
      Tourism mission leaving for Japan next month
      235 2  -  By Hong Lee Tiam A HIGH-LEVEL tourism delegation led by Singapore Tourist Promotion Board chairman Leong Chee Whye will leave for Japan on Sep 2 to foster closer relationships and to seek out business. The team will call on tourism organisations in Tokyo
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    • Article
      Entrepreneurs convention ends today
      173 2 TODAY marks the end of the three-day World Chinese Entrepreneurs Convention attended by over 800 delegates from 30 countries. The convention was opened last Saturday by Senior Minister Lee Kuan Yew. In his opening address, Mr Lee touched on the need for gradual change in China,
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      Page 2 Advertisements Column 1
      252 2 Make Jour Mark Hr^NHI You've Hit The Suite Point! You've hit the "suite" mark at the Holiday Inn Included in the package are also services and hotels. Designed specially for the business facilities for the busy executive such as: executive, our Suite Package offers you luxury at Secretarial Service (20%
      252 words
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      Page 2 Advertisements Column 2
      227 2 h 1 «»t v a What do world-doss ballet 1 and international trade finance have in common? MNB A dance company as legendary as the Bolshoi international banking services, including: Ballet earns its reputation through hard work, special talents and a consistently excellent level of performance. 1 -T-i ji. r
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  • COMPANY NEWS 1
    • Article, Illustration
      KL gaming sector buzzing with activity
      853 3  -  Malaysian Hong Leong group leading pack of raiders of gaming companies From Vijaya Bharathi in KUALA LUMPUR BUSINESS may be a bit of a gamble, but the gambling business is a sure thing. And nobody knows it better than the big business groups in
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    • COMPANY BRIEFS
      • Article
        New company secretary for Ayer Hitam Tin
        52 3 KUALA LUMPUR Ayer Hitam Tin Dredging Malaysia Bhd has announced that Puan Goh Tau Si has been appointed as its new company secretary, effective from July 12, 1991. Its former company secretary, Mr Mohd Hashaim Abdul Rahman, has resigned with effect from Aug
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      • Article
        Golden Hope's juicy venture
        74 3 KUALA LUMPUR Golden Hope Plantations Bhd will hold a 60 per cent share capital, or 360,000 ordinary shares of one ringgit each in its joint venture with Entree Sdn Bhd to manufacture fruit juice. Replying to a Kuala Lumpur Stock Exchange query today, Golden Hope said
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      • Article
        Lembaga Tabung's partial sale
        42 3 KUALA LUMPUR Lembaga Tabung Angkatan Tentera said it had disposed of 57,000 shares in Keck Seng Bhd between July 22 to July 25, 1991. The number of shares still held by LTAT in Keck Seng is 13,428,500 shares.
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      • Article
        General Lumber's dividend
        57 3 KUALA LUMPUR General Lumber (Holdings) Berhad announced that its interim dividend of 5 per cent, less income tax for the year ending Dec 31, 1991, wili be payable on Sep 18, 1991. The company said share registry shareholders will be closed from Sep 13 to 14, 1991,
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      • Article
        RJ Reynolds signs pact
        59 3 KUALA LUMPUR RJ Reynolds Berhad announced that it has signed a long-term contract manufacturing agreement with Godfrey Phillips (Malaysia) Sdn Bhd. In a statement here, it said under the agreement RJ Reynolds Tobacco Company Sdn Bhd will manufacture Philip Morris International's Marlboro cigarettes for sale in
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      • Article
        Renong CULS to be listed
        76 3 KUALA LUMPUR Renong Bhd's M 5675 million (***** million) nominal value of 3 per cent redeemable convertible unsecured loan stocks issued pursuant to the acquisition of 150 million ordinary shares of SO sen each will be listed on the KLSE under the properties sector. The
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    • Article
      Lock icon Gopeng to buy into cement and concrete companies
      334 3 MBT KUALA LUMPUR After moving from tin mining into construction, Gopeng is now looking at the cement and concrete industries. The company has disclosed that it has received an offer to acquire 45 per cent of Perak-Hanjoong Simen and another 42.36 per
      MBT  -  334 words
    • Article
      Units of Time Engr, Steamers sign voice mail contract
      439 3  -  By Magdalene Ng MEMBERS of the Time Engineering group of Malaysia and Singapore's Steamers Maritime Holdings are tapping into the fast-growing and increasingly sophisticated telecommunications market through a M 55.2 million (Ss9 million) contract for a voice mail system. Folec Communications
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    • Article
      Prolonged market downturn hits most teams hard
      335 3 DBS CHARITY MOST of the teams in the DBS Charity Investment Race were caught by the downturn in the local market which drifted down longer than expected. And some teams believe they have already missed the major market rally, which came during the
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    • Article
      Hume looks forward to good results
      385 3 HUME Industries (Malaysia), which has diversified into a wide range of activities, expects significant contributions from its five main divisions, namely construction and infrastructure, air-condi-tioning, wood-based and rub-ber-based activities, as well as advertising and media. Its group managing director, Dr Steve K P Yoong,
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    • COMPANY BRIEFS
      • Article
        Jardine Strategic net asset value down in July
        103 4 HONGKONG Hongkong-listed Jardine Strategic Holdings Ltd's unaudited consolidated net asset value of its ordinary and preferred stock eased to U553.49 (556.00) a share as of July 31 from U553.76 a month earlier. The company said the net asset value was based on
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      • Article
        Iberia to buy 60pc of Viasa
        67 4 CARACAS A consortium led by Spanish state airline Iberia Lineas Aereas de Espana SA is to buy a 60 per cent stake in Venezuelan state carrier Venezolana International de Aviacion (Viasa). The chairman of state holding company Fondo de Inversiones de Venezuela announced that
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      • Article
        NWA reports lower earnings
        76 4 ST PAUL, Minnesota Northwest Airlines Inc, citing lower passenger demand, said 1991 second quarter earnings fell to US$33 million versus US$6O million in the same period a year ago. NWA Inc, Northwest's parent company, reported a second quarter net loss of US$l7 million and a year-to-date
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      • Article
        Telecom (A) buys into Uni-Net
        78 4 PERTH Telecommunications group Uni-Lab Telecommunications Ltd said Telecom Australia Ltd has taken a SI per cent controlling stake in Uni-Net, a Polish telecommunications company, for an undisclosed sum. Uni-Net, formed by Uni-Lab and Polish investors, was awarded a licence by the Polish government last month
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      • Article
        NEI to lay off 250 jobs
        58 4 LONDON Rolls-Royce pic turbine engineering unit Northern Engineering Industries pic (NEI) said it would shed 250 of 2,600 jobs at its Parsons plant in Newcastle-upon-Tyne in Northern England. Another 100 jobs were at risk if it did not secure one or more of the
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      • Article
        Caltex (A) reports A$18m loss
        107 4 SYDNEY Caltex Australia Ltd said its net loss of A$ 18.45 million (5524.7 million) in the half year to June 30 was due largely to severe discounting in Australia's petrol market. The petrol refiner and marketer reported a profit of A 522.63 million a year
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    • Article
      Lock icon Unilever showing resilience
      640 4 Analysts say company's performance solid despite chairman's cautious statement Reuter LONDON Anglo-Dutch multinational Unilever plcNV is showing its fighting qualities in resisting the worst ravages of the current economic downturn, analysts say. The food, drink, detergents and personal products giant's second quarter 1991 pre-tax profits fell 2
      Reuter  -  640 words
    • Article
      Asean network likely to lift profits of Manila telecoms firm
      407 4  -  From Al O Labita Jr in MANILA THE US$32O million (Sssso million) Asean optic fibre cable network, which goes into operation next year, is expected to boost the gross earnings of publicly-listed Philippine Long Distance Telephone Company (PLDT), brokers say.
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    • Article
      Lock icon Profit down at East Asiatic's Thai unit
      282 4 Reuter COPENHAGEN East Asiatic Co Ltd A/S (EAC) said its East Asiatic Co (Thailand) Ltd unit had a sharp drop in first-half net profit after extraordinaries to 131 million baht (SSB.B million) from 471 million a year earlier, on revenue of 1.8 billion
      Reuter  -  282 words
    • Article
      Lock icon Petersville announces A$310m loss after big write-offs
      265 4 AFP MELBOURNE Australian food group Petersville Sleigh on Friday announced an annual loss of AS3IO million (SS4I9) after making large write-downs on investments in other Adsteam group companies. Managing director Bob Cumberlidge said that the result was "distorted" by the write-downs, but core
      AFP  -  265 words
    • Article
      Lock icon TWA may revise bid for Pan Am, says Icahn
      431 5 Move to counter Delta Air's latest proposal Reuter CHICAGO Trans World Airlines (TWA) chairman a Carl Icahn has said he may alter his three-part bid for "'"Pan Am's assets to counter a rv: new proposal by Delta Air Lines Inc on
      Reuter  -  431 words
    • Article
      Lock icon GM does not see profits for N American market for some years
      285 5 AP ACME, Michigan General Motors Corp (GM) will not make money on its core North American car market for two to three years, a senior executive said. Becoming profitable in North America depends on car and truck sales
      AP  -  285 words
    • Article
      Lock icon Guinness pays £45m for Venezuelan spirits firm
      368 5 FT LONDON Guinness, the international spirits and brewing group, has announced the acquisition of Venezuela's largest spirits company in a deal estimated to be worth £45 million (SSI33 million). The purchase, which is being done by United Distillers, the Guinness spirits division, raised
      FT  -  368 words
    • Article, Illustration
      Lock icon Rover to quit US market after decline in car sales
      472 5 FT LONDON Rover Group, the UK carmaker, is to abandon the American car market in the face of continuing heavy losses and dwindling sales in the US. Its decision to stop exporting its Rover 800 Sterling range to the US
      FT  -  472 words
    • Article
      Lock icon Unocal considers measures to cut costs
      276 5 Reuter LOS ANGELES Unocal Corp is considering cost-cut-ting measures at its headquarters here and reviewing corporate staff levels, a company spokesman said. "The company management decided to review the operations of our staff departments here at our headquarters," spokesman Barry Lane said. "It's part
      Reuter  -  276 words
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      Page 3 Advertisements Column 1
      784 3 H MANAGEMENT BRIEFING THE NEW WORLD ORDER ECONOMIC AND CORPORATE IMPLICATIONS FOR SINGAPORE September 23,1991 (Monday) 6.45pm 9.00pm Mandarin Hotel Singapore JOHN NAISBITT JBjjfe The world's leading so- »|»SS,Zt «nW oirfliA* the New World Order. But Srgapore companes wi Ciaf Torecsster and ailtnor /MdllYyJjfWhave to respond effectively to the r**ly
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      123 4 JOIN ASIA'S LARGEST CELEBRATION OF WORLD FASHION The show, organised by the Hong Kong ■STTHTTTTWTnroTTT^J Trade Development Council, is to be held at the APPLY NOW for a place at Asia's largest fashion event I 81 I Hong Kong Convention and Exhibition I Name I Centre, Januaty 13-16,1992.1t will include
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      Page 4 Advertisements Column 2
      153 4 Communicate Ndvf life To A Kidney Menu Dtgnal Ko From July 18 to September 18, you can help us invest telephone system or digital PABX system you purchase, in a new life. So open up new lines of communication for your As a token of our contribution to community service,
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      223 5 uanr TXV fg JNWt «H- V —B rue lirtrf? GIASS LIB W Mb Jannie Tiy, Managing Director, The Hour Glan Group J JI J Success... Calls For The Best Resources "We have diverse business interests in wholesaling and retailing of watches, in jewellery, a restaurant chain and in properties. So
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  • FINANCIAL NEWS
    • Article
      Lock icon Japan's officials to study US securities watchdog
      523 6 Reuter TOKYO Japan's Finance Ministry, attempting to deal with a growing brokerage scandal, will soon send a team to the US to study how that country's securities industry watchdog inspects and prosecutes violators, Kyodo news agency reported. Finance Ministry officials will be sent
      Reuter  -  523 words
    • Article
      Lock icon Court approves Drexel's debt settlement plan
      438 6 Reuter NEW YORK A US district court has approved Drexel Burnham Lambert's settlement with creditors on a plan to take Drexel out of bankruptcy. "This court will sign this afternoon an order that the plan of distribution of the (Drexel) disgorgement fund is fair
      Reuter  -  438 words
    • Article
      Lock icon Chase makes first move into Connecticut
      332 6 NYT NEW YORK Chase Manhattan Corp last Friday became the first of the big New York banking companies to expand into the Connecticut market, as it acquired Citytrust, a Bridgeport-based bank, and Mechanics and Farmers Savings Bank of Bridgeport, Connecticut. Both Citytrust and Mechanics
      NYT  -  332 words
    • SMALL CHANGE
      • Article
        Hongkong banks cut deposit rates
        50 6 HONGKONG The Hongkong Association of Banks said that deposit rates would be cut by a half percentage point across the board but the prime rate would remain unchanged at 9.5 per cent. It said in a statement last Friday that the cut is effective today.
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      • Article
        Govt takes over Great American
        101 6 WASHINGTON The Office of Thrift Supervision has placed Great American Bank, of San Diego, California, under government conservatorship and appointed the Resolution Trust Corp to manage the institution. The OTS said last Friday that the takeover did not result in any interruption of Great American's
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      • Article
        Further easing likely in Canada
        68 6 TORONTO The Bank of Montreal said a further easing in Canada's monetary conditions remains possible despite evidence of positive economic growth. "As the effect of the feck \vp the econinm built up over the recesdktf exerts .fJUkftfl pronounced?downward effect on prices, tank Jttadd is likely
        68 words
      • Article
        Syndicated loan to Kuwait
        63 6 iOND>Cfoj r4Huwait is expected tol#*tojta per cenff OTer the, Lcjidfeii Interbank Offered Rate (LiborVfor a widely* anticipated USS2 billion to US$l billion syojetted idiwaiti bankers £tid last loai3 could be completed in the next couple of being fofced tp Jborrow substantially on the?jporid capittlj markets for
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      • Article
        European banks lend to Iran
        75 6 NlCOSifc/— German and Italian teaiucr*will lend fundi tofl Iran toiielp petrochemical projects, Teheran RatfoJ bn Saturday Minister Gholamreza Aqazadeh nj saying.. The miitfajjr said Deutsche Bank AG will paovidfa 300 million mainland Italian banks US$565 millkpi. Thtf J loans we're linkqflufe separate contracts concluded betwetn
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    • Article
      Lock icon Mutual Benefit to be broken up
      255 6 Reuter NEW YORK Mutual Benefit Life Insurance Co, the largest US insurer ever to be taken over by a government, will probably not remain an independent company, New Jersey Insurance Commissioner Samuel F Fortunato said. "If the question is, is the company going to
      Reuter  -  255 words
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      214 6 If I EMIRATES. REFINING THE I SHAPE OF AIR TRAVEL THREE TIMES A WEEK I Fly with Emirates to Tehran 4 three times a week. Early morning /jjj departures on Monday, Wednesday and Friday at 1230 a.m. fp/ Sophisticated Emirates is the I air^ine °f t ie United I i4raft
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      Page 6 Advertisements Column 2
      177 6 The money coupon below is worth $20,000 in our BT Investment Race Contest #5. Cut it out and collect the coupons daily from August 12 to 16,1991 for a total value of $100,000. In the August 17,1991 issue (EBusinessTimes, you will find a Contest Entry Form. On the Contest Entry
      177 words
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      259 7 t "T/i Z*Z-T*. t £Z*> JTft'' ISr».*&££ "****«£**,>■ -«g t •*<**&•■.-«"^f M 7^fc,"7 is TZZZX' -<■*:■' 1 "fl* <•**". ..>--: f -r- *"*S '"^.T.^-' TA7tt AT-/n Pr H■" i IJ WHAT S DETTER •r. <!V, -"t; < r*."". < <• or:afejgri6 SSfex3fcSsS3-•" 1• J: r..' **:.£i "T'.^".'&&±3S».V-^^ar4"; ~~'-^raira^rrr:3:: np x
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  • THE REGION
    • NOTE BOOK
      • Article
        Suharto wants oil prices nearer to Opec target
        77 8 JAKARTA Indonesian President Suharto wants Opec ministers to meet and seek ways to bring oil prices nearer to the group's reference price of US$2l (5536.12) a barrel, his energy minister has said. Speaking after meeting Mr Suharto last Saturday, Mines and Energy
        77 words
      • Article
        Bill lets foreigners own condos
        69 8 BANGKOK The Thai Legislative Assembly has passed an unprecedented Bill allowing foreigners without residence permits to own units in condominium projects. Officials said yesterday that the Bill which was easily passed last Friday allowed foreigners to buy up to 40 per cent of the units
        69 words
      • Article
        Two ministers accused of graft
        88 8 BANGKOK Two ministers of deposed prime minister Chatichai Choonhavan's government have been accused of corruption by an anti-graft committee. The committee, appointed by the military shortly after its Feb 23 coup, alleged last Saturday that former foreign and commerce minister Subin Pinkayan and former deputy
        88 words
      • Article
        Illicit Sino-Viet trade trebling
        62 8 HANOI Unauthorised commercial exchanges across Vietnam's and China's common border, unofficially reopened in late 1988, will reach more than US$3OO million (Sssl6 million) this year. The army newspaper, Quan Doi Nhan Dan, last Friday cited Chinese figures that such exchanges were worth US$llO million last year
        62 words
    • Article, Illustration
      Marketing drive for Bali resort aimed at S'poreans
      477 8  -  Emphasis on golfing and cultural attractions From Maggie Ford in JAKARTA SINGAPOREANS are the target of a major new holiday campaign to be launched shortly by hoteliers and travel agents for the luxury resort of Nusa Dua on the Indonesian holiday island
      477 words
    • Article
      Lock icon KL sees sharp rise in computer investments
      231 8 Bernama KUALA LUMPUR Malaysia, which is now focusing more on high-tech rather than labour-intensive industries, has been experiencing a tremendous increase in investments in the computer industry over the past year. In the past 12 months, 48 manufacturing licences had been approved for
      Bernama  -  231 words
    • Article, Illustration
      Lock icon M'sian technology for Japan by 2000
      213 8 Bernama SHAH ALAM, Selangor Malaysia, with Japan's help in research and development, will sell technology to that country by the year 2000, Prime Minister Datuk Seri Dr Mahathir Mohamad said. An added achievement was that the new technology would be developed by Malaysian engineers,
      Bernama  -  213 words
    • Article
      Lock icon Viet PM sees US ban as main barrier
      221 8 Reuter HANOI Vietnam's new Prime Minister has described Washington's trade embargo on Hanoi as a main obstacle holding back development and says Vietnam wants to normalise ties quickly with its traditional enemy, China. In his first public appearance since being elected by
      Reuter  -  221 words
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      Page 8 Advertisements Column 1
      89 8 I •v rf ;tr j L. T ,v. 'V •4.-.; < r i' i ~V'' V\"V yt i •>'*'„ < y v '.»•> vV t- '*afeiiiv ■V- > \y V. i 1- 1•' v -'.-V' '■hp '■> ■>:: V. *V> -j&j' y. 'j' < v; M .-^r*«rs r ■Sb93raßSsS IP
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      Page 8 Advertisements Column 2
      64 8 pP^Oscars Oscars presents the best salad bar in town. 14 varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy meal. Brasserie Bar 30 Robinson Road. 61-00 Robinson
      64 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Pessimism about US rebound
      748 9 No strong turnaround looks likely before autumn at earliest NYT NEW YORK The US economic recovery that had been widely expected since late spring now seems much less certain, raising the likelihood that a strong rebound in hiring, wages and retail sales will not occur before
      NYT  -  748 words
    • Article
      Lock icon UK data to show falling inflation, more jobless
      422 9 Reuter LONDON UK economic data due this week is expected to show inflation dropping, thus increasing the chance of an autumn interest rate cut. But unemployment is still rising. "On balance, the data is likely to show that the economy is at
      Reuter  -  422 words
    • Article
      Lock icon Stalinist era fixture makes way for new age of free market
      313 9 FT MOSCOW One of the most famous monuments of the Stalinist era, built to celebrate and display the techniques and products of the Soviet age, is to be turned into a vast commodity exchange to boost the transition to
      FT  -  313 words
    • WORLD WATCH
      • Article
        Capital flows halve Germany's surplus
        86 10 FRANKFURT Abrupt changes in capital flows caused Germany's balance-of-payments surplus to fall by more than half in June, compared with May, to reach 349 million marks (*****.7 million), the Bundesbank reported on Friday, giving provisional figures. May's definitive figure was 839 million marks, the German
        86 words
      • Article
        Kuwait's al-Ahmadi fires out
        93 10 KUWAIT Fire-fighters in Kuwait achieved a symbolic victory in their battle against blazing oil wells by putting out the last fire at al-Ahmadi, the nerve centre of the emirate's oil industry, oil sources said on Saturday. The sources said the last blazing well at al-Ahmadi was
        93 words
      • Article
        Shanghai to sell long-term land
        88 10 BEIJING Shanghai is to open international bidding this year for three plots of land in a district designated to become an Asian financial centre by the year 2000, the Xinhua news agency said on Saturday. It would be the first time for the city's Pudong
        88 words
      • Article
        Shenzhen airport on time
        77 10 BEUING A new airport in Shenzhen, the Chinese city abutting Hongkong, will formally open to traffic in October as scheduled, the Shenzhen Special Zone Daily, reported on Saturday. Shenzhen mayor Zheng Liangyu said the airport would begin trial operation before the end of September, and 21
        77 words
      • Article
        Protect patents: Carla Hills
        61 10 CARACAS US Trade Representative Carla Hills called on Latin American countries to follow Mexico's example and adopt laws protecting trade marks of foreign investors from local imitators. "We want Latin America to adopt good intellectual property laws and we know that will lead to foreign investment
        61 words
    • Article
      Lock icon Japanese economy not hurt by fall in stock, land prices
      289 10 White Paper foresees expansion but at slower pace FT TOKYO The Japanese economy has suffered very little from the turmoil in the financial and property markets, according to a government White Paper published on Friday. The cconomy is likely to
      FT  -  289 words
    • Article
      Lock icon Taiwanese commit US$1.1b to overseas investments
      187 10 AFP TAIPEI Taiwan approved 237 overseas investment projects by local businessmen totalling US$l.l billion (S$ 1.89 billion) in the first seven months of 1991, a 32.38 per cent jump in value over a year earlier, the Investment Commission said on Friday. But approved investment
      AFP  -  187 words
    • Article, Illustration
      Kaifu visits research centre
      47 10 BEIJING Japanese Prime Minister Toshiki Kaifii talking to a patient yesterday at the Japanese-funded China Rehabilitation Research Centre outside Beijing. Mr Knob's four-day visit to Beijing makes him the first leader of an industrialised power to visit China since the June 1989 crackdown.
      47 words
    • Article
      Lock icon Firms leaving Canada in wake of free-trade accord
      380 10 NYT TORONTO In 1847, < Daniel Massey left New York State for Newcastle, Ontario, < where he created the small 1 farm implement company I that became Massey-Fergu- i son Ltd, one of Canada's in- dustrial giants. Now the company, which 1
      NYT  -  380 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      471 9 INDONESIAN MARKET STUMES Mi WE OFFER THE FOLLOWING INDONESIAN MARKET STUDIES (IN ENGLISH): 1990 1) XSTUDY ON 300 PROMINENT INDONESIAN BUSINESSMEN 1990 p Price: 1250.00 less 20% discount 1000.00 2) STUDY ON NATIONAL PRIVATE BANKS IN INDONESIA 1990 f Price: 700.00 less 20% discount 560.00 3) STUDY ON HOTEL INDUSTRY
      471 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      569 10 Q DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders The Board of Directors of The Development Bank of Singapore Ltd wishes to make the following announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1991 DBS BANK DBS GROUP Six
      569 words
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      Page 10 Advertisements Column 2
      407 10 \]*j\ METRO METRO HOLDINGS LIMITED (Incorporated In The Repubfic of Singapore) 1. CONVERSION OF THE EXISTING SCRIP-BASED SETTLEMENT SYSTEM FOR THE ORDINARY SHARES M THE CAPITAL OF METRO HOLDINGS UMTTED(th« "Company") TO A BOOK-ENTRY (SCRIPLESS) SETTLEMENT SYSTEM FOR THE ORDMARY SHARES Settlement of all trades in the ordinary shares in
      407 words
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  • ANALYSIS
    • Article
      Lock icon Wait Disney hits a reel bad run at the movies
      882 11  -  Dave McNary discusses why Walt Disney seems to have lost its knack for making sure-fire hits for the cinema Dave McNary UPI THE sterling image of Walt Disney Co as a top-flight corporate operator has been suffering a bit lately,
      UPI  -  882 words
    • Article, Illustration
      Lock icon Will Jakarta go the KL way?
      1353 11  -  Yang Razali Kassim wonders if President Suharto may have to take a leaf out of Dr Mahathir's NEP/NDP book Yang Razali Kassim AT A TIME when Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad is tempering his New Economic Policy to suit changing economic
      Picture courtesy of Editor magazine  -  1,353 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      55 11 Special Luncheon Promotion I A La Carte also available CC. Tann«ninU i „n/.h Sichuan Set Lunch ?f p $12.00++ Per Person. $20.00++ Per Person. ~Tti€ fa** BakKutTeh 24 Hours Coffee House. $7 50+ Rer Person Western and Local Set lunch §$12.00++ Per Person. @$12.00+ for 2 Persons s For Reservations,
      55 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      53 11 DOONESBURY BY GARRY TRUDEAU UH...UP- M£6. ITUJASNTT ANYONE CW s£a\ COUtOd? WG.fV&VCMt, WWES STAIRS. RJ6HT.YOUR BURST- |ON 1 SITUATION HtRB. I veO£AN£V BUT ARB YOU BO.' BOOPSiZ* NObtlW N6 IN ON BOOPSG IBOOP-1 BOOPS/dANPI HAVB I FORiOJIN SURBWRZ KR YOUR UKBTHIS! I s®? M B&N TOGETHER SINCB fl COU66e* AN
      53 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Fewer promotions please
      952 12  -  Elaine Ng argues the case for fewer promotions and explains why some promotions can be counter-productive both to the organisation and the person promoted Elaine Ng The writer is a senior consultant with Corporate Resources Group, a human resources consulting company with its headquarters in Geneva. ROMOTION
      952 words
    • Article
      A strong case for vigilance
      581 12 Do you pay enough attention to security matters in your office or factory? Holland-based Hoffman Investigations offers some detectives' tips for business and industry IF YOU have no interest in technical matters you may not know that in an ordinary paper fax apparatus is a
      581 words
    • Article, Illustration
      Lock icon Stripping the layers
      626 14  -  Christopher Lorenz reports on the risks and rewards of 'delayering' Christopher Lorenz FT SOME companies call it "delayering". Others use the looser but just as ungainly jargon term "downsizing", or even "rightsizing". What they all mean, in the simple English which too few of them use, is
      FT; Punch  -  626 words
    • Article
      Lock icon Home is where the computer is
      571 14  -  Teleworking is on the rise. Andrew Jack reports Andrew Jack FT THE number of people working from home is on the rise. Although it is still sometimes dismissed as a futurologist's fad, "telecommuting" or "telework" now involves more than 500,000 people in Britain full-time
      FT  -  571 words
  • Page 12 Advertisements
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      783 13 B USINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 I We are a local company with interests across Asia and the Pacific rim in building up an elite professional management team to complement this I I paint, real estate, retail and manufacturing. In Singapore, we are best known strength, to take us
      783 words
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      Page 14 Advertisements Column 1
      278 14 'B U Y A AND WIN A- FREE TRIP TO HONG KONG# For Bookings Made In August 1991 w 24 LENG KEE ROAD SINGAPORE 0315 HHMAOI3T \W TEL: *****11 FAX: *****77 TLX: ***** AUTO NEW NE COMPANY RESEARCH SERVICE Quick access to information is J the key to successful investment
      278 words
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  • SPORTS
    • Article, Illustration
      Tuneful Melody all the way
      316 15  -  By Nirmal Ghosh THE inaugural $250,000 Raffles Cup took off smoothly under cool skies at the Bukit Turf Club yesterday afternoon, topping a card of nine races. Before the start, the race could have belonged to any one of five horses, and indications were that
      316 words
    • Article, Illustration
      Lock icon Daly escapes two-shot penalty
      676 15 AP CARMEL, Indiana John Daly, the biggest hitter professional golf has seen, wasn't about to be sidetracked in the PGA Championship by a little question about the rules. "No penalty," he said, emerging from a conference with PGA rules officials on Saturday after television viewers had
      AP  -  676 words
    • SIDE LINES
      • Article
        Broadhurst leads by three strokes
        65 15 HOYLAKE, England Paul Broadhurst shot a 3-under-par 69 in wet and windy conditions on Saturday to take a three-stroke lead entering the final round of the European Pro-Celebrity golf tournament. The Englishman had a threeround aggregate of 10-under 206. Former Ryder Cup players Christy O'Connor
        65 words
      • Article
        Sheehan still up in front
        93 15 STRATTON MOUNTAIN, Vermont Patty Sheehan shot a 2-under-par 70 here on Saturday and retained a share of the lead heading into the final round of the Stratton Mountain Classic. Sheehan, who has not won since the Hawaiian Ladies Open earlier this year, improved to 8-under-
        93 words
      • Article
        Sotomayor wins jump duel
        87 15 HAVANA Javier Sotomayor of Cuba has won his eagerly awaited high jump duel with American Hollis Conway in the Pan American Games, smashing the games record with a leap of 2.35 m. After clinching the gold medal on Saturday, Sotomayor, the only high jumper to clear
        87 words
      • Article
        Capriati in Canadian final
        54 15 TORONTO A disappointed Jennifer Capriati reached her second final in as many weeks when top-seeded Gabriela Sabatini retired in the middle of their semi-final match at the US$5OO,OOO (*****,000) Canadian Open women's tennis championship on Saturday. The American was leading 6-4, 2-3 when the Argentine quit
        54 words
    • Article
      Lock icon Becker put out by Forget
      360 15 AFP CINCINNATI, Ohio Boris Becker saw it coming, but he was hoping he could beat Guy Forget at least one more time. Becker, the top seed, was eliminated here on Saturday in the semi-finals of the ATP Championships by sixthseeded Forget, who was to take
      AFP  -  360 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      698 15 Westdeutsche Landesbank Girozentrale (Incorporated in Germany) Consolidated Balance Sheet as of December 31.1990 1990 1989 1990 1989 Assets in DM thousands Liabilities In DM thousands Cash on hand 41,594 42,658 Liabilities to affiliated banks 18,140,866 14,074,866 Balance with Deutsche Bundesbank 2,113,312 2,269,392 Liabilities to other banks 53,500,256 41,567,173 Balance on
      698 words
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      Page 15 Advertisements Column 2
      132 15 ARE YOU GETTING THE RIGHT FINANCIAL TREATMENT? eL& Any business can grow, but it's the care and attention And with the latest systems and service support, showered on it that makes a business bloom. our experts have the right tools to provide the right And that takes the "green fingers"
      132 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      221 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE 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 SI 188.00 for the Double Boiled Shark's
      221 words
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      Page 16 Advertisements Column 2
      303 16 mm® 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*. PHk I0»% WfVKT chjfur ft
      303 words
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      Page 16 Advertisements Column 3
      190 16 Sweet Temptations of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at 06.BO++ per person. PlAZA HOTEL Cafe Plaza SINGAPORE COt OUItFUl •INVITING Hrart Knad Stneaporr 0719 Trl *****11 5? ■5 f w 1
      190 words
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      Page 16 Advertisements Column 4
      200 16 NATIONAL DAY CELEBRATIONS ATCHAnERBOX V wikk> I Chatt«fbOK talk of th« town. )otni In th« National Day cfLwufton* wltM o hotf of a*>h«i f«afurtna th« von«d cullnory flavours of Smgopor# From August ♦-IT. a dolly oof lunch and dlnnor of $16.00 p*r person includes on offering of dlihos os T«oc
      200 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      742 16 TELEVISION AND RADIO 1 '?< 7.50 Trno Mww (Stereo). 10.00 World Mows (M). 'mm Future nprtprt "•sss"" wh,(M L vi -M- v4> ft 700 AM CNN lnUmiattend (L) 9.00 News at Mm. Donald Blakely and Richard BBC, SS.9 «Hz hi VHF Bui I 800 CWm. 9-30 Twin Paaks In an
      742 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Fresh fiddles appearing among the Strads
      1037 17  -  For decades, modern violins, violas and cellos have been considered inferior to their 18th-Century Cremonese counterparts. But that attitude seems to be changing, reports Barbara Jepson Barbara Jepson NYT Musicians tell of the concert-goer who drops backstage after a recital to compliment a noted
      NYT  -  1,037 words
    • Article, Illustration
      Lock icon Indefatigable virtuoso
      534 17  -  Paul Majendie talks to 83-year-old jazz violinist Stephane Grappelli Paul Majendie Reuter FIT as a fiddle. The phrase is tailor-made for Stephane Grappelli. At the age of 83, the veteran jazz violinist laughs and wholeheartedly agrees. "Thank God for my music. Without it, I would have popped off
      Reuter  -  534 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      230 17 AND ENTERTAIN U.S. Food Promotion Savour the best of U.S. beef and lamb at Hubertus Grill from 1 to 31 August 1991. All steaks come with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Bearnaise or Black Pepper Sauce. A Sterling 5-course set menu
      230 words
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      Page 17 Advertisements Column 2
      43 17 Volvo 940 GLE Estate Talkback Singapore Interactive Event Congratulations to Dr Pang Chin Heng NRIC No *****33/H of 35 Kovan Road Singapore 1954 for winning a Toshiba TCP 8000 earphone Many thanks to tin rest of yoa who responded to oor interactive nailer.
      43 words
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      Page 17 Advertisements Column 3
      209 17 Has Always KRtZIA High Fashion B DUNHILL Hmk» ■sJjj®P hour glass GIANNI L p VERSACE MILA m JAEGER I M POLO Bv 1 K ralph lauren 'U I hugo ■fa J| boss 9r A. M ETRO LEONARD the beauty BOUTIQUE Now It's At The Top Of Orchard Road. r=i BRASSERIE
      209 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      OTC stocks fall sharply on negative M'sian factors
      1210 18  -  By Quak Hiang Whai SHARE PRICES last week finished lower after a holiday-shortened trading week, with the Straits Times Industrials Index losing 15.04 points to 1,462.58. With the lack of buying interest and a depressed Malaysian market caused by worries over inflation
      1,210 words
    • Article
      Untitled
      4116 18 Gr'» Gr'» 1991 Td Last Vol Week LmI Qw«e Dt» Dir YK No M Cap Hiffc Low Code Com pan) Safe +or- (TWO) High Low Bayer Setter Cn P/E Um\ INDUSTRIAL COMMERCIAL 285 162 1000 Aetna 223 -5 73 226 222 222 224 10.0N 1.5 4.5 14.8 136.7 255 200
      4,116 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3904 19 Main Board Goodwood Park 1850 +30 +2.8* SIA Foreign 2000 50 2.6* SPH Foreign 1330 30 2.3* Fiqi Offset 20* 99 +11% +13.1* C Properties 670 +10 +1.5* DBS Foreign A 1340 +10 +0.8* Juroog Ship 5C 905 +10 +1.1* Prima 585 +10 +1.7* SIA
    3,904 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Rate cut lifts sentiment on Wall Street
      855 20 FT A' LITTLE fresh wind was blown into the sails of a becalmed summer stock market last week by the Federal Reserve and its unexpectedly early move to ease monetary policy. On Tuesday morning the central bank cut its target for the key
      FT  -  855 words
    • Article, Illustration
      Lock icon Stocks fall in thinnest trading in 9 years
      331 20 AFP YO SHARE PRICES fell back on the Tokyo Stock Exchange last week in the thinnest trading for nine years as unfolding stock scandals kept Japanese investors out of the market. The Nikkei Stock Average of 225 selected stocks closed out the
      AFP  -  331 words
    • Article, Illustration
      Lock icon Shares drift down in dull trading
      331 20 AFP WEEKS OF record-breaking rises gave way to summer apathy, leaving share prices to drift lower over the past week on the London Stock Exchange. Profit-taking after the previous Friday's record closing high saw values ease at the beginning of the week before Tuesday's
      AFP  -  331 words
    • Article, Illustration
      Hang Seng Index down 35 points
      743 20 Bank runs, property speculation curb to blame HONGKONG THE Hang Seng Index shed 35 points last week after the government introduced new rules to combat property speculation and two major banks, Citibank and the Standard Chartered, experienced mini-runs. The second incident was due mainly
      743 words
    • ASIAN MARKETS ROUNDUP
      • Article, Illustration
        SYDNEY
        154 20 DASHED HOPES of interest rate cuts nullified a rally on the Australian stock market during the past week which had been sparked by falling inflation, brokers said on Friday. The market indicator, the All Ordinaries Index, ended 2.0 points higher at 1,584.1. The All Industrials Index rose 2.3 points
        154 words
      • Article, Illustration
        BANGKOK
        96 20 THE Stock Exchange of Thailand (SET) index on Friday declined 18.93 points over the previous week to close at 702.92 points. This was 2.6 per cent down from the previous week's close of 721.85 points. An analyst said volume fell as investors were being cautious because of continuing uncertainty
        96 words
      • Article, Illustration
        JAKARTA
        196 20 BARGAIN-HUNTING, prompted by low share prices in the Jakarta Stock Exchange (JSE), has helped push prices up slightly for selected issues but trading remained slack throughout the week. Trading was only strong on Monday as investors, be- lieving most shares had reached their lowest price, began to stock their
        196 words
      • Article, Illustration
        MANILA
        158 20 THE Philippine stock market fell last week due to rumours of new threats from rightist military coup plotters and the continuing refusal of Philippine senators to ratify a treaty extending the stay of US bases in this country. The composite index at the larger Manila Stock Exchange fell to
        158 words
      • Article, Illustration
        TAIPEI
        288 20 SHARE PRICES on the Tai- wan Stock Exchange wound up the week higher, with the weighted price index recouping 2.6 per cent. Recovering the previous week's 1.1 per cent decline, the 235-issue index picked up 130.15 points to settle at 5,142.6 points on Friday. Lethargic trading pressed average daily
        288 words
      • Article, Illustration
        SEOUL
        134 20 AFTER two weeks of upsurge, the South Korean bourse closed the week lower as heavy profit-taking sapped bullishness out of the market and concern over a growing trade deficit spread among investors. The broad-based Composite Price Index closed Saturday's half-day session at 721.57, down 26.58 points or 3.55 per
        134 words
      • Article, Illustration
        Lock icon BOMBAY
        193 20 AFP THE BULLS have beaten a retreat on India's stock markets after three weeks of frenzied trading during which share prices scaled dizzy heights. The Bombay Stock Exchange (BSE) sensitivity index dropped 47 points during the week to finish Friday at 1,633.6, a fall dealers saw as a sign
        AFP  -  193 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      274 20 .fi l. Top Industry Suppliers Under One From the 25 28 September 1991, ChemAila/ 1 InstrumentAsia/AnaLabA*ia9l,theregion'smost important event for the chemical and proem jf^' l engineering and related supporting industries, gives you the opportunity to touch base with over 750 leading international suppbers from Europe to America and Asia. Included
      274 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bears wipe 172 points off NST index
      920 21 MBT BEARS continued to besiege the Kuala Lumpur stock market last week, sending prices reeling for the second consecutive week. Following five sessions of weak trading the previous week, sellers dominated the scene on the first four days last week. It was only
      MBT  -  920 words
    • Article
      Untitled
      3436 21 1991 Last Vol Week Net Cap High Low Coapaay Sale WO High Low P/E Smil INDUSTRIALS 245 165 AISB 50* 204 -5 129 209 202 49.8 209.3 560 310 ASM 50* 426 -48 1876 478 424 38.0 1749.3 600 280 Acidchem 505 -10 151 515 496 217.1 685 192 Ajinomoto
      3,436 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1060 21 BUSINESSni^S TELEPHONE: 7 3 0-577 1/5772/5773 FAX; 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, L Gan Ah Bee Gan Ah Meeof Blk 232 Bain Street 123-21 .Singapore 0718, have applied for a Beer House fint Class licence in respect of premises at M/i Kim Ping Pci Hot ft
      1,060 words
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      Page 21 Advertisements Column 2
      352 21 THE COMPAMES ACT, CAP, li TSAITRADMG OOJPTE) LTD 0N MEMBERS' VOLUNTARY UOMOATKM) At an Extraordinary Gerard Meeting of TSAI TRAOMQ CO. (PTE) LTD duly convened and haM M No. 32 Loreng 24A Geytang Road, Singapore 1430 on Mondar. the Sti (toy olAuguat 1901.thetokwlng apedd reeotutione set ou beioar wow duly
      352 words
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  • WORLD STOCK MARKETS
    • US blue chips slip on program selling
      • Article, Illustration
        NEW YORK
        1276 22 AFTER a lacklustre afternoon of trading, US blue chips were pulled below the key 3,000 level on Friday by a late bout of futures-related selling. A surprise 0.2 per cent decline in the July producer price index got Wall Street off to a rousing start, but program selling
        1,276 words
      • Article, Illustration
        LONDON
        830 22 THE LOSSES of the banks and oil stocks helped take the London market as a whole sharply lower on the closing day of the account on Friday. Profit-taking, a lack of international support and an increased lead for the opposition Labour Party in the latest opinion poll were also
        830 words
      • Article
        FRANKFURT
        304 22 THE 30-share DAX index ended a moderate Friday session just two points above Thursday's closing levels, for a gain of about 17 points on the week. The DAX ended at 1,632.21 after hitting a high of 1,636.98. Dealers were generally confident about further gains this week despite Friday's mixed
        304 words
      • Article
        AMSTERDAM
        235 22 THE unexciting second-quarter results issued by Unilever before the opening on Friday set the tone for the day for Dutch shares, traders said. The CBS tendency index closed down 0.3 points at 92.4. Unilever's small rise in net profits in the second quarter to 996 million guilders from 982
        235 words
      • Article
        PARIS
        196 22 A HESITANT Paris bourse ended hardly changed on Friday as investors preferred to wait and see if German interest rates will go up this week, brokers said. German rates are widely expected rise after a Bundesbank council meeting this Thursday. Better-than-expected US producer prices provoked a brief burst of
        196 words
      • Article
        MILAN
        172 22 ITALIAN SHARES on Friday closed lower in a market dominated by technical positioning ahead of the expiry of options contracts, but tyres and cables group Pirelli bucked the weaker trend to build on Thursday's sharp gains. Brokers said the stock was boosted by short-covering as well as the strong
        172 words
      • Article
        ZURICH
        237 22 SWISS SHARES closed slightly firmer on Friday but volume was low as it had been for the whole week. Activity was subdued by high Swiss interest rates, continuing high inflation and an index of consumer confidence published on Thursday which reached its lowest level for 15 years. The all-share
        237 words
      • Article
        BRUSSELS
        178 22 BELGIAN SHARES closed almost unchanged in another day of sluggish holiday trading, dealers said on Friday. One trader said operators were not willing to take new positions ahead of the German Bundesbank meeting next Thursday. There were fears that the Buba might raise its Lombard rate at this meeting.
        178 words
      • Article
        JOHANNESBURG
        404 22 THE Johannesburg stock market ended a quiet and featureless day showing a slightly firmer bias, despite some pressure on prices from a stronger financial rand. Dealers said industrials remained buoyant and helped support the market, but noted that volumes were thin ahead of the weekend in the absence of
        404 words
      • Article
        TORONTO
        240 22 TECHNICAL WEAKNESS sent Toronto stocks tumbling to close moderately lower in sluggish trade on Friday, dealers said. "This morning we had no stocks break resistance and nine stocks break support," said Don Vialoux, vice-presi-dent of research with Richardson Greenshields of Canada. The TSE-300 composite index lost 11.95 at 3,502.70,
        240 words
      • Article
        Untitled
        124 22 INDICES TURNOVER NEW YORK Ctoae Previoos Aug 9 Dow Jones NYSE Financial SAP 500 Turnover (million) 2,996.20 3,013.86 155.66 156.05 387.12 389.32 144 163.9 -17.66 -0.39 -2.20 -19.9 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.005.5 2,024.0 2.570.6 2,600.6 421 399.4 -18.5 -30 21.6 FRANKFURT DAX Index 1,632.21 1,630.21
        124 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      57 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      57 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US$ ends higher in quiet trading
      482 23 NEW YORK Reuter NEW YORK The US dollar rose in quiet trading last Friday, rebounding vigorously on short-covering from an early decline that was caused by an unexpected dip in July producer prices. "What happened today took a lot of people by surprise. After
      Reuter  -  482 words
    • Article
      Lock icon Asian currencies gain ground
      755 23 ASIAN CURRENCIES AFP MOST major Asian currencies continued their rise against the US dollar last week. The few units to lose ground included the Hongkong dollar, the New Zealand dollar and the South Korean won. Among those that rose in value were the yen, the Indonesian
      AFP  -  755 words
    • Article
      INTERBANK FOREX RATES
      390 23 Cross rates Aug 10 US$ SS MS Dm Yen SFr AS NZS USS 1.7250 2.7705 1.7280 136.60 0.5901 1.5155 1.2752 1.7544 SS 0.5797 1.6061 1.0017 0.7919 0.3421 0.8786 0.7392 1.0170 MS 0.3609 62.26 0.6237 0.4931 0.2130 0.5470 0.4603 0.6332 Dm 0.5787 0.9983 1.6033 79.05 0.3415 0.8770 0.7380
      390 words
    • Article
      MONEY MARKET
      518 23 Interbank rates SS Bid Offer Overnight 5 5 1/4 1-month 5 1/8 5 1/4 2-month 5 3/16 5 5/16 3-month 5 1/4 5 3/8 Overnight mode: 4-7/8 US$ High Low 7 days 5 13/16 5 9/16 1 month 5 13/16 5 9/16 2 months 5 13/16 5 5/8
      518 words
    • Article
      Lock icon Low US PPI no obstacle to easier credit policy
      490 23 Keeping economy's head above water is Fed's main concern Reuter NEW YORK Yet another favourable reading in US wholesale inflation last month gives the Federal Reserve a worry-free terrain in which to ease credit should economic indicators call for it, economists
      Reuter  -  490 words
    • Article
      Lock icon CFTC encouraged with progress in electronic trading cards project
      291 23 Reuter CHICAGO Chicago's futures exchanges are months behind schedule in developing electronic trading cards, but so far futures regulators say they are encouraged with the project's progress. "We're roughly three to four months behind the original aggressive schedule," said Dale Lorenzen,
      Reuter  -  291 words
    • Article
      Lock icon Gold prices may not fall much further
      487 23 GOLD FINANCIAL FUTURES REPORT Sing Bullion and Futures THE SELL-OFF in spot gold started three weeks ago when prices were just under U*****.00 per troy ounce, but the light buying of both physical and futures gold which greeted the metal at last Monday's
      Sing Bullion and Futures  -  487 words
    • Article
      PRIME LENDING RATES
      498 23 Prime lending rates BANKS ABN Bank 8*. Allied Irish Bank PLC 8Vi American Express Bank 8V« Am'Dam R'terdam Bank 8V« Arab Banking Corp 8V1 Arab Bank PLC 7W ANZ Banking Group 8VS Ban Hin Lee Bank 8 Banca Commerciale 8V2 Banco do Brasil 8 Bangkok Bank 8V«
      498 words
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      FINANCIAL FUTURES
      121 23 COM EX *»t COUFUTWtESdOOoz) USS/oz Open High Low Settle Change JSSo iiiw MES mjo Oct 361.50 361.50 360.20 361.10 U0 Dec 364.80 364.90 363.30 364.40 +1 10 Feb 92 367.50 367.80 367.50 367 70 20 Apr 370.40 370.50 370.40 370.80 j-20 377.30 +1.20 380.60 +1-20 384.10 +1 20
      121 words
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  • COMMODITIES
    • Article
      Lock icon Analysts doubt cocoa quotas will work
      352 24 Reuter NEW YORK US analysts generally feel that attempts to regulate world cocoa prices through a producer export quota scheme will have little chance of success. Diplomatic sources in the Ivory Coast, the world's largest cocoa producer, said producing countries will push for a
      Reuter  -  352 words
    • Article
      Lock icon Brazil may not want old coffee pact
      138 24 Reuter RIO DE JANEIRO A consensus is emerging in Brazil against a return to the type of international coffee accord that existed until July 1989, Economy Minister Marcilio Marques Moreira says. "We are talking with the (coffee) sector to solidify the Brazilian proposal
      Reuter  -  138 words
    • Article, Illustration
      Lock icon Indonesia wants faster oil price rises
      169 24 Reuter JAKARTA Indonesia wants oil price increases to accelerate and Opec's output to come down, Mines and Energy Minister Ginanjar Kartasasmita says. "We see the oil price is increasing but the increase is too slow, we want the targetted price of US$2l (5535.7) to
      Reuter  -  169 words
    • Article
      Lock icon Summer holidays reduce market activity
      893 24 REPORTS AFP WHILE activity in the bulk of the commodity markets was reduced by summer holidays in Europe, cocoa prices rallied to a seven-month high last week. Although prices then eased at the end of the week, fears of a significant reduction in Brazilian and
      AFP  -  893 words
  • Article
    PRICES
    1162 24 Rubber HAS (te> h Mw) S cents/kg Int 1 RSS Close Aug 5 142.75 Aug 6 141.75 Aug 7 141.50 Aug 8 140.25 Aug 9 Oosed WWELB (M> toto) M cents/kg Int 1 RSS Close Aug 5 228.50 Aug 6 228.00 Aug 7 228.00 Aug 8 227.50 Aug 9
    1,162 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      552 24 BU SINESS TIMES T»L«mOH»: 7>o >5771/5 7 72/377 3 FAX: T34-4»»2 CHANGE OF ADDRESS We wish to advise that with effect from 12.8.91 we will be relocating at: 3 Shenton Way #25-03/04 Shenton House Singapore 0106 Our new contact numbers will be.\ Tel: *****01,*****06 Fax: *****38 Telex: RS ***** TRADIN
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      Page 24 Advertisements Column 2
      515 24 IN THE MATTES OF THE COMPANIES ACT, CAP. M CHLAN UH PA MACHINERY A TRADING PTE LTD (1> Mem ben' Voluntary Wlndlng-ap) At an Extraordinary General Meeting of the company duly convened and held on 12th August 1991 at 60, Albert Street, #07-05, Albert Complex, Singapore 0718 the following Special
      515 words
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      Page 24 Advertisements Column 3
      25 24 Difficulty in getting a copy of Singapore Business, Her World, Go, Home Decor, Young Parents? Call our Hotlines 740-1839, 740-1840 for locations of nearest newsstands.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1088 25 e*y n«* ETA ETO aty FH* eta FH* ETD MataMt S0228 iqqc crto57 -yw) SQ105 1050 MH/SQ pff! 5(3227 MH607 1150 670 0950 RJ182 1400 SQ107 1305 SQ106 1045 kmaHmtum SQ23 0700 KL842 2255 SQ109 1405 SQ108 1145 MH642 1450 MH641 1315 SQ25 0735 SQ36 2200
    1,088 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Portugal pulls in the crowds
      544 25  -  POSTCARD FROM LISBON By Robert Powell PORTUGAL is heading for a record tourism year in 1991 as holidaymakers, shunning conflict in the eastern Mediterranean, head for its safe and sunny beaches. Passenger movements at Faro airport on the southern Algarve coast are 20 per cent
      544 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm on Aug 8: Local dollars to oat unit of foreign currency Currencies Bid Offer Australian dollar 1.3426 1.3600 Canadian dollar 1.4840 1.5140 NZ dollar 0.9770 0.9968 Sterling pound 2.9400 2.9790 US dollar 1.7168 1.7208 Local dollara to 100 uki of iuitifi carreacy Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      101 25 Duration Title Venue Organiser Td Aug 18-20 International Germany Mode Woche- *****1990 Fashion Fair Munchen GmbH Aug 20-31 Izmir Turkey Izmir Fair *****150 International Organisation Fair Aug 21 A Building Hilton Inter- The Institute *****21 22 Profitable national Kuala of International Brands Lumpur Research Aug 24-28 International
      101 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      39 25 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 fcr details. We know Europe from start to Finnish
      39 words
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      Page 25 Advertisements Column 2
      199 25 eP e!® of? n Expect less at the Carton Club. The Carlton Club Rooms at the Carlton Hotel more than live up to all your expectations. Except the one with the numbers on it. SPECIAL CARLTON CLUB ROOM OFFER. From August 1 to 31 December 1991, the following special rates
      199 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      217 25 —J 25 Quit resort in account of water (7) 26 Give support to magisteri- 5 The wine bill comes in the 23 Secret hoard of sound al order for motoring of- f irs t working day (5) money (5) fence (7) 6 Maybe wind up with a 24 Polly Peck's
      217 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      194 25 Singapore Outlook: Showers over several areas in the morning Report Maximum temperature 33"C Assoc humidity 60% Minimum temperature 25.5 Assoc humidity 90% Hours of sunshine 5.95 Rainfall in mm 7.9 Rainfall this month 15.5 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. i. Auckland.... unav Bangkok 33/25 Clear
      194 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      49 25 DQrvT sP(ex to mc one, or Ves meil ce.mc in jost r» N ou HIS moddinc OF siR i IVPOG SP££,D6D 0R..,.. aud u H*S Pe.LL.OU DlßGdfcfcS w -Who )l V— 7T /TP) &J)I te 1 Me a iW c rT? z Lni C EVENING »TAMOAKO CO. LTD, 1»2-1tt1
      49 words
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  • Article
    Lock icon Trade frictions loom in Asia over Japan's surpluses
    409 26 Taipei and Seoul asking Tokyo to help trim deficits Asahi TAIPEI Trade frictions may soon emerge in Asia as Japan accumulates huge surpluses in trade with the rest of its neighbours. Warning of such a possibility, Taiwan and South Korea, two of
    Asahi  -  409 words
  • Article
    Lock icon S Korea to list measures to protect balance of payments
    290 26 Oana-Yonhap SEOUL The South Korean government, alarmed by the country's swelling current account and trade deficits, will announce measures to protect the international balance of payments next week, officials at the Economic Planning Board said on Saturday. Deputy Prime Minister
    Oana-Yonhap  -  290 words
  • Article
    Lock icon Bank lent up to US$500m to Abu Dhabi elite
    427 26 The BCCI collapse Agencies LONDON After the tangled web of potential litigation over the assets of the Bank of Credit and Commerce International (BCCI) was ordered frozen by a US court judge last Friday, a British weekly reported yesterday that Abu
    Agencies  -  427 words
  • Article
    Court postpones Kajima hearing
    404 26  -  By Dawn Tan THE TWO bickering partners in the multi-billion-dollar Desaru resort project will have to wait a little longer before they can slug out their latest legal battle in the British Viigin Islands. The High Court there has postponed hearing of Kajima Overseas Asia's (KOA)
    404 words
  • Article
    Lock icon High anxiety is main cause for panic
    353 26 Hongkong bank run Reuter HONGKONG A rumoursparked run on cash at two major banks here with branches worldwide has raised the question of why depositors in Hongkong should be so ready to panic. Theories abound, but first up is that public confidence has
    Reuter  -  353 words
  • Article
    Lock icon Maybank raises lending, deposit rates
    190 26 Bernama KUALA LUMPUR Malayan Banking Bcrhad (Maybank) yesterday announced increases in both its base lending rate (BLR) as well as its deposit rates, reflecting the current trend towards higher cost of funds. Maybank managing director Ahmad Mohamad Don said in a statement released here that
    Bernama  -  190 words
  • Article
    Lock icon China drafting reforms report to press for Gatt membership
    334 26 AP BEIJING China is preparing a report on its economic reforms in an effort to convince world trade officials that it should be admitted to the General Agreement on Tariffs and Trade (Gatt), an official newspaper said yesterday. The China Daily
    AP  -  334 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      434 26 PrgeT JQAILUER ENHORIOGERIE OEPUISIB74 GEN&VE SINGAPORE Li INSTITUTE OF IP MANAGEMENT I Measuring and Managing IT Benefits I September 16-18,1991 I SS9SO SIM members/Sslloo non-members I This seminar updates participants on managing IT benefits and shows how firms can I benefit through IT. Participants will know how to develop a
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      Page 26 Advertisements Column 2
      12 26 PiageT JQA HIIER EN HORLDGERIEIMJISIB74 GENEVE SALE GERMANY OFFENBACH #01-29/1*0 The Paragon
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  • Shipping Times
    • Article, Illustration
      Asian shipping firms told to pool their resources
      434 27  -  By Rahita Elias ASIAN shipping companies were urged to pool their resources to minimise their exposure to risk and maximise economies of scale. Mr Frederick Tsao, managing director of Hongkongbased International Maritime Carriers (IMC), speaking at a luncheon talk on Thursday, believes
      434 words
    • Article
      Why Singapore is an excellent base
      193 27 DESPITE a few shortcomings, Singapore still provides an "excellent base" for coordinating pool operations, said Mr Frederick Tsao, managing director of Hongkongbased International Maritime Carriers. During a speech entitled "Shipping in the *****: A Hongkong shipowner's point of view", Mr Tsao pointed out that
      193 words
    • Article
      Lock icon Boost in Butterworth's status expected
      194 27 Bernama PENANG Butterworth Port is expected to emerge as a leading cargo centre in the world with the completion of the North Butterworth Container Terminal, in addition to a proposal to build an international airport there, a Malaysian state executive councillor said last week. State
      Bernama  -  194 words
    • Article
      INDEX TO ADVERTISERS
      1208 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian
      1,208 words
    • Article
      Lock icon Venezuela orders tankers from South Korea
      199 27 Reuter CARACAS Venezuelan state oil company Petroleos de Venezuela has ordered eight oil tankers from Hyundai Heavy Industries of South Korea at a cost of around US$5OO million (SSBSS million). Petroleos de Venezuela Marina, the oil company's tanker subsidiary, said in a statement that
      Reuter  -  199 words
    • Article
      Lock icon Hyundai Merchant Marine set for further growth
      409 27 Reuter SEOUL South Korea's largest shipowner, Hyundai Merchant Marine Co Ltd (HMM), has embarked on an expansion and fleet modernisation plan in an effort to propel it high into the world's top 10 by the 21st century. "Our goal is (that) by the
      Reuter  -  409 words
    • NEWS SUMMARY
      • Article
        Learning to live with the Act
        48 27 WHILE the US Oil Pollution Act of 1990 creates tremendous risks for the tanker industry, owners and operators who make safety their top priority can prosper. Nevertheless, adapting to the new regulatory environment created by the OPA will require commitment Page 2
        48 words
      • Article
        Soviet pilots return to work
        40 27 PILOTS at one of Moscow's four airports went back to work on Saturday after a 12hour wildcat strike that delayed hundreds of domestic flights and left thousands of travellers stranded in the capital Back Page
        40 words
      • Article
        Pumping off crude from tanKer to proceed
        39 27 SALVAGE operators were preparing on Saturday to pump 60,000 tonnes of crude from a crippled Greek oil tanker which caught fire off Western Australia three weeks ago, port officials said Back Pace
        39 words
      • Article
        New liner for controversial captain
        38 27 YIANNIS Avramas, captain of the ill-fated Greek liner Oceanos says he has been offered another brand-new passenger liner, and on Thursday defended abandoning his ship and terrified passengers before it sank. Back Page
        38 words
      • Article
        Setback for Japan's space programme
        19 27 JAPAN'S already troubled space programme suffered yet another major setback on Friday Back Page
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    • LOG BOOK
      • Article
        European Airlines' interim disappointing
        84 28 THE 22-MEMBER Association of European Airlines once again reported a disappointing set of results for the first half of the year. The group, for the first time, experienced a drop in passenger growth in their accumulated half-yearly report. Member lines blamed the slow recovery on a
        84 words
      • Article
        SAK buys 6 new supertankers
        65 28 KUWAIT The chairman of the state-owned Kuwait Oil Tanker Company SAK said on Saturday that six new oil supertankers and two liquefied gas tankers were bought from South Korea and Japan. Abdul-Fattah al-Badr told the Kuwaiti daily al-Fajr al-Jadid (New Dawn) that the supertankers, each
        65 words
      • Article
        New engine for BAE 146
        77 28 THE British Aerospace 146 will soon be powered by the Textron Lycoming Lfso7 engine, which is said to burn less fuel and is less susceptible to altitude restrictions. The new engine has been successfully tested in the US at take-offs between 1,100 m and 2,014
        77 words
      • Article
        Privatising German telecoms body
        68 28 BONN Germany's state-owned postal and telecommunications authority moved one step closer to privatisation, when a key Social Democrat (SPD) said his party favoured at least a partial sell-off. Arne Boernsen, SPD postal spokesman, told the Frankfurter Rundschau newspaper his party would likely present draft legislation for
        68 words
      • Article
        Search for S Korean freighter
        77 28 CANBERRA Australian and US air force planes were due to join the search at first light on Friday for a South Korean freighter last contacted in the Indian Ocean last Tuesday. A spokesman for the Maritime Rescue Coordination Centre here said: "We are currently carrying
        77 words
      • Article
        Honda buying auto parts
        72 28 TOKYO Honda Motor Co has decided to buy auto parts worth 80 billion yen (S$ 1.01 billion) from 130 European makers, starting from October 1992, for its cars produced in Britain. The Nihon Keizai Shinbun said Honda had held negotiations with some 200 European auto parts
        72 words
      • Article
        Big drop in Philippine car sales
        71 28 MANILA Sales of new automobiles in the Philippines dropped by 44 per cent in the first seven months of 1991 compared with the same period last year, the industry federation said here on Friday. Henry Moran, spokesman of the Philippine Automotive Federation, said that
        71 words
      • Article
        Taiwan calls to China surge
        63 28 TAIPEI Taiwan residents made an average of 15,000 telephone calls a day to China in the past year, making up for 40 years of imposed silence. The number of calls in the year to June soared by 128 per cent from a year earlier to
        63 words
      • Article
        Mazda and Ford tie up
        65 28 TOKYO Mazda Motor Corp said it had reached an agreement with Ford Motor Co for Ford to develop and manufacture a new Mazda compact pick-up truck for the US market from 1993. Mazda officials said it had decided to work cooperatively with Ford on the
        65 words
    • Article
      DAILY FREIGHTS
      667 28 SIGNS of firmer rates in the Far East on Thursday helped buoy a quiet dry bulk cargo freight market, brokers said. A Panamax was fixed for delivery South Japan mid-August for an Australian round voyage at US$lO,BOO daily, about US$2OO higher than the existing increased Japanese enquiry was
      667 words
    • Article, Illustration
      Lock icon Learning to live with the Act
      1242 28  -  The US Oil Pollution Act of 1990 can make the liability of cargo owners almost limitless. But owners and operators who make safety their top priority can prosper. William J Warren reports William J Warren American Shipper TWO DAYS before Richard T du Moulin
      American Shipper  -  1,242 words
    • Article
      COCKETT BUNKER MARKET REPORT
      862 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      862 words
    • Article
      THE SHIPPING GUIDE
      11454 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,454 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        416 43 k&nt VmmI fry H» Berth ktM Dqrnlm Marina Terminal 1 Sm Lan ***** P04 1208/0730 15 08/0630 Uraon 32S M03 akx*s*le 1108/2300 Skyman 07A08 P05 1208/0800 1308/1500 Batam Baru B82 M05 1208/0900 1308/2300 Sonbai 8 P09A 1208/1900 14 08/0500 Batam Maiu *****1 M04 12.08/1000 13.08/2300 Batam Sayang
        416 words
      • Article
        CONTAINER SCHEDULE
        858 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookiif/Babnce Rstts Ship Voy No Etb/Btr Period From To From AO Rose 178 13/2300 1 11/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 4 12/1200 12/1459 12/1700 Ata Bum 515N 12/2100 1 11/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 Al
        858 words
    • Article
      Lock icon Soviet pilots resume work after 12-hour strike
      426 44 AP MOSCOW Pilots at one of Moscow's four airports went back to work on Saturday after a 12-hour wildcat strike that delayed hundreds of domestic flights and left thousands of travellers stranded in the capital. The walkout at Vnukovo Airport ended after representatives
      AP  -  426 words
    • Article
      Lock icon Pumping of crude from Kirki to go ahead
      398 44 AFP SYDNEY Salvage operators were preparing on Saturday to pump 60,000 tonnes of crude from a crippled Greek oil tanker which caught fire off Western Australia three weeks ago, port officials said. The vessel, the Kirki, has been towed towards land for
      AFP  -  398 words
    • Article
      Lock icon Oceanos captain offered new passenger liner
      446 44 AFP JOHANNESBURG Yiannis Avramas, captain of the ill-fated Greek liner Oceanos says he has been offered another brand-new passenger liner, and on Thursday defended abandoning his ship and terrified passengers before it sank. Accused of jumping onto a helicopter some four hours before the
      AFP  -  446 words
    • Article
      Lock icon Another setback for Japan's space programme
      153 44 NYT TOKYO Japan's troubled space programme suffered another major setback on Friday when the engine that is supposed to power its next generation of rockets exploded during a test, killing an engineer and raising more questions about the future of the country's space efforts.
      NYT  -  153 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      25 27 Lines and services represented by bers of the Regstry of Accredited Shipp<ng[J»»m*w Agents, Singapore National Shipping Associat,on tor advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      25 words
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      Page 27 Advertisements Column 2
      163 27 THE SPECIALIST e Wire Rope e Uthinq X Materiais /m /a fACBJTOS iv e Lifting In amiablejjg Gears MINTERMARINE SUPPLY CO (PTE) LTD TEL *****33 (10 lines) FAX: *****77 SSSHi For over 70 years, "K" Line has been building and perfecting a total global shipping system covering land, sea, and
      163 words
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      Page 27 Advertisements Column 3
      31 27 Cochett Report 2 Contend Schedule 17 My Fretfto 2 Index to Mwrtosea I Shew Gtade 10.11 Shps n Port W Singapore Tries 17 Transport Owy 3 Weather and Sea Conttm 17
      31 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      156 28 SALE OF VESSELS Empresa Lines Maritlmas Argentinas S.A. (ELMA) is placing for sale following six multipurpose vessels as part of its fleet repiacement programme NAME YEAR DWT LOA BEAM ENGINE H/H GEARS MTNS MTR MTR BHP DRATUO DQXFORD DERRCKS MALVAGNI 1979 ***** 141 20 5 8,000 5/5 4/22 TS 2/5
      156 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2251 29 mmm OOCL(S) PTE LTD-JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 All fir BOOKINGS TEL: *****34 *****58 WIIIIIW W TEFMINAUCFS TEL: *****18-220 I RPvQ 1 PESAKA JARDtNE SHIPPING AGENCIES SON. BHD L A POffT KELANG TEL: *****18 FAX *****91 /*****88 KVjfl =—7 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 WVPTPmPi
      2,251 words
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      Page 29 Advertisements Column 2
      2017 29 TRANSPORT DIARY Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Claims
      2,017 words
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      Page 29 Advertisements Column 3
      1609 29 TWO SAILINGS TO OSA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS Vmm* Voy ETA I ETO 'Port 'Panang DESTINATIONS Singapore Katang TMI M* Maihod* M»inii im Faadar by CY IJ/» (MOO MRS M Ptnto WKM CFS 12/1 2368 MRS OAK LOB HOU MEM ATL MtA CHS BAL PHL NYC MOM TOR
      1,609 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      654 30 if Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT 31/8 3/9 m LE HAVRE 4/0 NOTE Ako accentinc carw to- All UK N. Continent inland destinations. Belfast, Dublin, Copenhagen, Aarhus, Gothenburg, Also q^q Amsterda(t Caribbean, S. America, Ceuta, Melilla A Canary Islands. CONTAINER SERVICE FROM UK/CONTINENT BREMEN EXPRESS 04/430 2B/7 30n LA SEINE
      654 words
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      Page 30 Advertisements Column 2
      650 30 BEABPAC SERVICE DKECT SOUTH PACIFIC SERVICE SIN NCMJ SUV PPT (SLA FLOREANA 2509E8 2/9 18/0 21/9 26/9 ALSO ACCCPTMG CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO, APIA A NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQO ANF STO VAP CLX tSLA FLOREANA 2500E8 2/9 9/10 10/10 13/10 15/10 16/10 Agents
      650 words
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      Page 30 Advertisements Column 3
      1575 30 E3 *>*** IMB regular independent full container service WESTBOUND FOR EUROPE VSI/VOY SM ALG BCI HAM BRE ROT ANT Fa LHA (VIA (MA (VIA ALG) HAM) ROT) NORASIA PEARL 9122-3 12/01 03/09 04/09 07/09 0«/09 09/09 10/09 11/W 12/09 NOR ASIA PRINCESS 9123-3 18/01 01/09 11/09 13/09 14/09 15/09 16/09
      1,575 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2158 31 Mgg nmes, monqay August iz 1991 SgSteame rs Maritime Holdings Ltdj W* P&o T STRAITS SHIPPING! Containers iiiisKS!L a w »**Ne+P««/+m S por. 111 k> M M Nt| I KWetRWMY >M 03/ M 95/0B 12/00 21/01 21/01 31/ M I LMMCIMERtt ,110 10/ M 12/00 14/ M 29/08 (I/OS 02/0S
      2,158 words
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      Page 31 Advertisements Column 2
      2114 31 TO: U.S.AJPANAMA FM: U.S.AiPANAMA VtUEL/VOV 9 OM LOi CM FM 1M WW WC KKI/KW MTC W 9M 3! I® M* JL_ CMOT MG MM EMM 11/» 11/9 22/9 27/1 20/9 29/9 «j» 2»/0 20/0 90/0 0/7 14/7 19/7 U/9 MEMCM XNITOR ETIW M/ 9 19/9 20/9 VH 0/19 0/10 "M"
      2,114 words
    • Advertisement
      Page 31 Advertisements Column 3
      478 31 i■ I gWMnMtW&UI JKi Iff) I STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST M RO-RO t HEAVY UFTS I II mm. wot |v pS HaJc Hoi I I sow* 1 "Ts7i I I roue «uro li 1575 It/5 I II TWUM QMS n ls/5 "sfi I I ICOSMC CHMIENGa 1
      478 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      597 32 Mttiiill CR NBR **********0-D EXPRESS SEMI-CQNTAINERSMIP SERVICE TO EUROPE Ifil/WT ISTOK RDMI/MMM H*BU»G MWfN ANTWW KUTAI/23W8 t/9 J/10 15/10 IJ/10 22/10 IMIMtAM 30*8 7/10 »/ll M/U «/U 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to MucwmanL Atoo accepting cargo to Casablanca. Port SIM, Port Alexandria. Ganoa. Trlaata ALSO ACCEPTING
      597 words
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      Page 32 Advertisements Column 2
      948 32 I I Xy HANJIN SHIPPING IS'poralLEH ATM AMI HAM BRV FEL FEEDER VSL »UK HAUL LGB OAK I HANJM FELIXSTOWE 008W 10/8 28/8 29/8 30/8 30/8 31/8 1/9 HANJIN HAMBURG 007E 19/8 OMECT 9/9 12/9 HANJIN SEATTLE 019W 12/8 29/8 30/8 31/8 31/8 2/9 3/9 HANJM KUNSAN 084E 3/9 H.
      948 words
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      Page 32 Advertisements Column 3
      61 32 Conwntawl/ LCL/FCL To MCA AM BOOK. NORTH SOLTTVt ItfKl f*CfK MC KM* OQAH vtftftFl ft AVAILABLE FOR "A < YTttT l MADRA#/C ALCUTTA/CMTTTAQOMQ/WANQOON «/V»1 JSSfc «HM 4w»m- coLomo/WMM>umuHni\imAiT .JiSr 1 ioOAM/HOOfCAM/AQAIA a"" 1 -Q MRAVA* —UN BAT AM WUKLY iWVtCII TMC SHIPPING/A AARON ORIENT LINES Tel: 222*411 Tl*: R« *****
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      1205 32 -j -T J-1 -J nassrwcKXUcPuswToaMCTafiTYouuafiM ntclmt m w w ik no ai hl I i swot k«7 is/i u/t zi/i rut a/t s/t a/t a/t jo i n/i 2/4 u/t a/9 vn a/9 1/11 9/11 11/1111/w u/w an mi i/u 7/11 i ao«t K«o n/i a/t n/i 21/1 a/i 2/1
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      1944 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' NEPTUNEUNK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 WSp AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MM NEPLINE SON BHD MALAYSIA K.L -(03) *****33,
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      1017 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUKES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 IQBORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES QBTBomi-ogmMiaK msraouc-umnit nuMta m nonflcim 1 umii ww IS |iu mt
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      1522 34 K~ W mmm ff (CR No: **********0 M) W v AS AGENTS: KAWABAKI SINGAPORE (PTE) LTD I Kj TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 V M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
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      Page 34 Advertisements Column 2
      1103 34 ra PHIII-ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Taiax: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU 90S MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 20 AUG MONTREAL. OTTAWA, TORONTO. 24 AUG DUBAI, DAMMAN, SHARJAH,
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      1403 35 PACIFIC INTERNATIONAL LINES (PTE) LTD jjfc PIL Building, 140 Cadi Street #0300, Singapofeolo6 MM 1 1 VESSEL VOY SIN JKT SIN MOfinill BTON SS 18/8 20/8 EOEN 331 13/S 13/3 20/3 IoTA WNTANG 3114 13/3 Wl 30/3 BUNOA TERATAJ 333 13/3 21/3 28/3 K O TA PAHLAWAN 3130 17/3 20/3
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      Page 35 Advertisements Column 2
      1026 35 'BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN AfoS a« 278 IS/8 31/8 1/9 3/9 4/9 Nedlloyd Tokyo+ 276 15/8 5/9 7/9 Setanda 288
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      Page 35 Advertisements Column 3
      428 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIc Pan P Gdf MOtOA VIOBW SM 12/14 AM| TAUNG STI V422N 13/15 Aa| HPA-AN VI MM 15/17 Am| 18/20 MYOMA YWA VI MM 20/22 AMI m VI lON 20/25 Am PATHEM VIIJII 11/21 Ami 1V1» N
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      705 38 /U»n-y TO AUSTRALIA/NEW ZEALAND |Fr«« |M* tack [WE |P CMALM MARTHA I 275 14/1 M/ 8 29/1 fi/i J/» 1 5/5 tuw wbk »7» »7i i/5 7/» u/» u/» ii/i 15/5 ■"W 1 tn i»/» i 7/« a/» m/ 5 vS i/i* 4/u C- wo* lit »/5 2/it 7/18 12/10
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      Page 38 Advertisements Column 2
      779 38 EXPORTS TO HONGKONG, TAIWAN I JAPAN "TMCE WEEKLY" MALACCA STRAITS SERVICE outboud wy Sa roi ir sh Imm hkg kao kh tyo sie nco kob II vcssa voy |pia pen blw s» ACX HOSE 178 II 8.8 13.8 17J 118 23.8 24J 24 8 2JJ «MB 18A 14 8 15.8
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      Page 38 Advertisements Column 3
      188 38 PERUS AH AAN PELAY^/W iW$ KALIMANTAN T DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I VMMi eta/etd desthation I MAGA XXI Voy 18/91 10/12 Auf Jakarta/Paioinbanf I MAGA 42 Voy 13/91 15/16 Au| Jakvta/P*mbanf I MAGA XXI Voy 18/91 19/20 Au| Jakvta/Paiombanf NIAGA XXI Voy 19/91 22/23 Aug Jakarta/Palcmbanc l NIAGA
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      Page 38 Advertisements Column 4
      1623 38 T g) ig. W CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYM? agents SINGAPORE'S GENERAL AGENTS HWOAI AMIT* CHUNG CHWO SHPffNG SON BHD COSTAR SHPPING PTE LTD PT A- 08 1 pmh n. TEL: *****01/17 FAX. *****92, *770 JiiT MC L,U INDONESIA MARfTME Gum 6UM( MTfWt am BHD am?Xnmmm
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      606 39 GUARANTEED CONSOL TO:- 1 KEELUNG/KAOHSIUNG 18.8.91 HONG KONG 18.8.91 BUSAN 18.8.91 BANGKOK 15.8.91 EUROPE 18.8.91 TOKYO/KOBE/YOKOHAMA 18.8.91 USA 18.8.91 AUCKLAND 23.8.91 FREMANTU 14.8.91 SYDNEY/MELBOURNE 15.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINEB) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAY. SOPHIA BAY OW KAREN SIM FAST DRECT
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      Page 39 Advertisements Column 2
      489 39 St TEL: *****33 (12 LtaM) m FAX: ***** IS/*****03 p TELEX: RS ***** RIBHIP (3 LIIMB) OB ETHIOPIAN SNIPPING LINES r —(National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANOINET 24W8 25/08 DARES SALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 25W8 20/00 DARESSALAAM MOMBASA DJIBOUTI
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      Page 39 Advertisements Column 3
      869 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE POUT KELANG KNMK mm iaoe 22/1 Loading tor M*le KNAJ HUDHU 21/1 Loading tot Calcutta oanw 19 8 Loading For Male HONEE* SUPREME 12/8 Loading For Male DONMULM 8/8 Loaded For Fetoaru HtOGREtt ÜBERTT 20/8 15/1 14/8 Loading
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      Page 39 Advertisements Column 4
      444 39 lAKARTA BANGKOK mat 55 i 5 n [wi fw> I MML— wI XJA BUM# 22W Tin 13/8 Fr 18/8_ NANA BHUM IMS 17/. 20/8 OWTA -M»« lON MM 14/1 Ut \V*_ "SttTl (2 nil Wt NAWTA WMM WM 14/> Ut 17/» NANA BHUM MS W Wt M ?HL_ $3 M
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      Page 39 Advertisements Column 5
      341 39 mai&i nea-ire VBL VOY SINGAPORE MADRAS BMQAPORE VESSEL VOY UN MM SM TIGER BAY 169N 1112/08 IS-20/0* 26-27/0* EAGLE CMK 016 12 13/0* 21-22/0* 28-29/0* VBL VOY SMQAPOfC/CALCUTTA/SMQAPONE VESSEL VOY SM CM. SN TIGER RIVER 134CN8 04-13/0* 19-24/0* 30-31/0* EAGLE BREEZE 07* 16 18/08 25-30/0* 05-00/09 LHOTSE 407 24-25/0* 30-04/09
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      Page 40 Advertisements Column 1
      1256 40 S'PORE IMPORT:*22I6OO2 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 I COLOMBaS.AF RI CA I PEN PK SIN PEN PK yN Colombo 13/8 14/8 15/8 10/8 11/8 12/8 Ldn/Fli/Rdm/Ant Durban/Pt Louis 9/8 10/8 11/8
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      Page 40 Advertisements Column 2
      304 40 BLUE STAR LINE TO FROM ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS m NPI ML ITT SIN MULBERA 22S 11/1 21/1 VM NPI 23/» 9/1 MAKSUM 0502 27/1 VIA NPL 10/9 27/9 PROSPECT 14S 1/9 20/9 «A NPI 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH
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      1190 40 I THONG SOOM LIMES 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 COWTAffgil ftBRVICg* SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor TetT 1 PEST VESSEL VST tflK P.
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      756 41 \K^^^compahm^EßUANsT^^ Ml DE VAPORES "PERUVIAN STATE LINE" ACCEPTWG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAN, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LAOMG. '""l* r EH* KARAOOEKTT h Pt/13 Au« OMVHETT ki Pt/14 AMI 15/16 AU, JHtftinOCTT 01/82 S*t 03/05 $«pt WA "EVERETT ORIENT LINE"
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      Page 41 Advertisements Column 2
      521 41 I m |WT [STORE toAWUKR hju hr ISA* HYC Nn ON TMEJTI 1311 14/* OM KOOEA 18/* 11/* T2/1 M/« at oat m M/i m una it/* i»/» a/* h/$ LEEBMBO tt M/l m HONGKONG 21/* M/l 4/1* 1/11 EH OSAKA IK {7/1 211 KEELUNC l/ll U/1B IS/IB 17/11 lt/lt
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      Page 41 Advertisements Column 3
      593 41 1 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCtrriNQ FCL/LCL DUBAI DAMMAN SHARJAH. DOHA MUSCAT. BAHRAIN. ABU OHABI BANDAR ABBAS. JCOOAH FAR EAST ACCerrwo fcl/lcl PfNANG P/KELANG. IAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS, TIBURY ABERDEEN. LE HARVE, HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN
      593 words
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      Page 41 Advertisements Column 4
      575 41 IB" PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VQY SIN JKT 88Y DERAJAT 949 13/08 16/08 PRASETIA 189 A 15/08 18/08 PELOPOft 1001 17/08 20/08 DERAJAT 950 20/08 23/08 TANTO UTAMA 185 16/08 19/08 TANTO UTAMA 187 24/08 27/08 TANTO UTAMA 189 01/09 04/09 General
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      Page 41 Advertisements Column 5
      376 41 BH I® waiT 15/8 KEELUNG/KAOHSIUNG 18/8 BANGKOK 17/8 MANILA/CEBU 17/8 JAKARTA/BELAWAN/SURABAYA 17/8 PORT KELANG/PENANG/E. Malaysia 17/8 BUSAN 19/8 TOKYO/YOKO/KOBE/NGO/OSA 18/8 HONG KONG SjN CHWI 18/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SM ami 18/8 LDN/FLX/LVP/SOU 18/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN lISA/CUUftl 22 15/8
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      676 42 m u^bBSHD&3HH SINGAPORE CHITTAGONG FULL CONTAINER FEEDER SERVICE (ALSO ACCEPTING LCL CARGOES) SWGAPORE CHITTA6OWG IMONGIA [CALCUTTA VESSEL [VOYAGE WOS. HT [FTP ETA ETP ETA l ETP ETA ETD ARHSTADT 9101 In Port 13/8 17/8 22/8 WESER STAR 9117 17/8 18/8 24/8 27/8 FOW6 SHAW 9117 19/8 20/8 26/8 31/8 FOWGYUN
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      Page 42 Advertisements Column 2
      529 42 EonterrnJ 11 f CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 11 AUG ALSO ACCEPTNG CARGOES TO:PORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 20/1 27/S JAKARTA CONTERM EDEN 20/S 27/1 PENANG CONTERM A. BHUM lt/l 25/S PORT KELANG CONTERM SEROJA 17/1 24/1 EUROPE CONTERM HJ SNGAPORE lt/t »/l
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      Page 42 Advertisements Column 3
      460 42 PENANG— KL: allied-LINK ,/^^X, 3S& 04-*****2 03-*****55 778 5522(22 linesi Marina 0«fl Susan Ng/Phlllp Km ChanQ/Ealher Yap i r~s~\ PLATOU PACIFIC I V It V SHIPPING SERVICES REQULAR EAR EAST It AMERICA BREAKBULK OWNERS REP OFFICE TEL: *****11 SPOOAPORE: FAX: MCOM CLIPPER HANSA AMETHYST V.030 KALMAR V.032 SMGAPORE SAILED 28/08
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      Page 42 Advertisements Column 4
      401 42 1 i MANILA ETA VIGOUR PACIFC *»B 17/8 VIGOUR SMGAPOUR 7WB 24 g BANGKOK 11/8 18 8 BUSAW 18/8 20/8 HONGKONG 14/8 20/8 OURBM/PT LOUS 15/8 27/8 KEELUNG 15/8 22/8 USA 18/8 25/8 PT. KELANG 16/8 19/8 KO6E 18/8 25/8 PIRAEUS 19/8 2/9 OSAKA 11/8 21/8 VWWTA 15/8 19/8 SURABAYA
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      339 43 vOc vO c vO c <Z)c vOc vOc vO c U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIDATE WITH WORLDWIDE NETWORK ij Weekly FCULCL Services To/From I J > USA EUROPE FAR EAST > BaitlmoreVotainer Consolidallon Services Hamburg* Van Ommeren Hamburg GmbH.
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      Page 43 Advertisements Column 2
      610 43 -T" Nedlloyd YOUR CONNECTION TO V Nedlloyd Lines EUROPE/MEDITERRANEAN FROM 1/1/92 HEWZEAUAD/FUI VESSEL Jht P.Kg fw *Bkk Sn STiaya Auckland Fip(A) N .Plymouth (A) Tknaru LyttaMon(B) Dimdkt(B) Napwr Noftigton(C) Tairanga N Rochester/9119 10/8 12/8 11/8 11/8 13/8 16/8 30/8 11/9 1/9 2/9 3/9 3/9 4/9 5/9 6/9 N. Rouen/9120' 18/8
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      274 43 TIDES AND WEATHER TOOAY*S TIDES (hajftt in metres) HOW 0000 0100 *****300 MOO 05M MOO 07M MM MO 10M11M*****3M14M ISM 16M17M1M01M02M021M22M23M 14 13 2.9 2.2 1.5 OJ 0.4 0.2 0.3 05 12 2.0 2.5 2.6 2.6 12 1.6 1.1 0.7 0.5 0.6 1.0 1.6 2.5 PP 3.3 3.2 2J 2.2
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      825 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST rang wr w ke uwt hah wi m w ut haul vor tcm/su rn RAN HN 202 024 12/01 13/01 15/01 H. CHALLENGER 44£ 09/0) 14/09 17/09 BAT BRDGE 571 00/09
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      161 44 PASIR GUDANGVSINGAPORE TWICE WEEKLY SAM-tNGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 024S 12/8 13/8 025S 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 028S 26/8 27/8 029S 30/8 31/8 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02) 534-0042 EEESS S 7 m A M l—^—i— i I I 1
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      Page 44 Advertisements Column 3
      497 44 CHARTPOINT Every Saturday in Business Times This Week's Vessels Departure Australia 14/08 Indonesia 13/08 Philippines 17/08 Bangladesh 15/08 Italy 14/08 Spain 14/08 Belgium 18/08 Japan 15/08 Sri Lanka 17/08 France 18/08 Korea 16/08 Taiwan 15/08 Germany 18/08 Malaysia 13/08 Thailand 16/08 Holland 18/08 Mid-East 13/08 UK 18/08 Hong Kong 14/08
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