The Business Times, 13 August 1991

Microfilm: NL17607
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Tuesday, August 13, 1991 75*
    10 words
  • NEWS SUMMARY
    • Article
      Britain's retail sales volume in June up 1.5pc
      88 1 LONDON A surprise 1.5 per cent rise in the volume of retail sales in June is the first strong indication consumers, helped by lower interest rates, may lead Britain out of recession by the year's end, economists said yesterday. "While we do
      88 words
    • Article
      Westpac expects recovery next year
      37 1 SYDNEY Westpac Banking Corp said a fall in its leading index of Australia's economic activity in June after two consecutive rises provided further evidence that economic recovery would not occur in 1991.
      37 words
    • Article
      Call for foundation
      38 1 THE MINISTER for Information and the Arts, BrigadierGeneral (Res) George Yeo, has urged Asian businessmen to set up a Pacific Foundation to help promote Asian education and culture in the Pacific Rim region Page 2
      38 words
    • Article
      Trade promotion plan
      19 1 ASEAN and New Zealand have started a scheme to promote trade and investment cooperation Page 8
      19 words
    • Article
      Oversupply is no cure
      16 1 THAILAND'S office space oversupply will not bring rents down drastically Page 8
      16 words
    • Article
      Lamont optimistic
      34 1 BRITISH Chancellor of the Exchequer Norman Lamont, back from his mission to the Soviet Union, is optimistic about its long-term economic prospects but doubtful about success for some shorter-term policies Page 9
      34 words
    • Article
      R&D tie-up in M'sia
      28 1 US aircraft maker McDonnell Douglas has teamed up with computer company HewlettPackard to set up a research and development laboratory in Malaysia Page 12
      28 words
    • Article
      Natural meals for pets
      18 1 PET FOOD producers are introducing more natural meals for Fido and Fluffy. Page 17
      18 words
    • Article
      Troodos joins in
      26 1 LONDON-REGISTERED shipowner Troodos Shipping Trading joins the growing number of foreign firms planning to set up offices in Singapore. Shipping Times Page 1
      26 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      33 1 BANK ISSUES occupied the spotlight as Wall Street stocks drifted lower early yesterday. The Dow Jones average of 30 industrials dropped 10.29 points to 2,985.91 in the first hour of trading.
      33 words
    • Article
      Footsie lower
      39 1 LONDON shares were lower at midday yesterday in very light trading, depressed by poor performances in other stock markets. At about 1115 GMT, the FTSE 100-Share Index was down 3.7 points, or 0.1 per cent, at 2,566.9.
      39 words
    • Article
      Banking on the core
      20 1 SINGAPORE banks can continue to count on their core operations to bolster their growth Page 3
      20 words
    • Article
      OUB profit falls 17.8pc
      33 1 OVERSEAS Union Bank has reported net profit of $38.11 million for the first half of this year, down 17.8 per cent from the corresponding period in 1990 Page 3
      33 words
    • Article
      Joint gas venture
      24 1 JAPAN'S biggest city gas supplier will set up a large-scale gas joint venture to provide city gas in Malaysia. Page 4
      24 words
    • Article
      In line with Maybank
      24 1 COMMERCIAL banks in Malaysia are expected to follow Malayan Banking Bhd's move in raising its base lending rate Page 7
      24 words
    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 695.13 -11.46 Kuala Lumpur ....558.10 -7.33 Tokyo 22,985.67 -448.95 Hongkong 4,070.14 +46.13 Sydney 1,565.7 -18.5 Friday Change New York 2,996.20 -17.66 London 2,570.6 -30.0
      29 words
    • Article
      CURRENCIES
      22 1 Exchange rates US$ SS 1.7215 100 Yen SS 1.2612 MS SS 0.6205 Money market rates Overnight 5-1/4 +1/4 3-month 5-5/16% +1/16
      22 words
    • Article
      COMMODITIES
      36 1 London Gold AM fix USS357.75 -US$0.10 Rubber S'pore Sep.... I40.00«/kg -0.25 M'sia Sep 226.50«/kg -0.50 KL Tin Turnover 49 tonnes +4 Spot MS 15.41/kg -0.01 Crude palm oil Turnover 2,679 lots +1,343 Aug MS885/tonne +22
      36 words
  • Article, Illustration
    F&N and Pidemco in major property deals
    436 1  -  Tie-up will make Centrepoint a local property giant By Lee Han Shih FRASER and Neave (F&N) and government-owned Pidemco Land have proposed an alliance in which F&N will sell Pidemco a 20 per cent stake in its subsidiary, Centrepoint Properties Ltd (CPL), while
    436 words
  • Article
    STII falls 22 points to close below 1450
    185 1 MIRRORING declines on overseas bourses, Singapore's Straits Times Industrials Index crashed through the technical support level at 1,450 to finish at 1,440.08 yesterday, down 22.50 points from Friday's close. In Tokyo, the Nikkei Average closed 448.95 points down at 22,985.67, ending below
    185 words
  • Article
    Centrepoint plans to raise $330 m
    382 1  -  By Sylvia Wong CENTREPOINT Properties Ltd (CPL) is raising $330 million through a bond-and-warrant issue for four property purchases. Of these, $211 million will be used to finance the purchase of the Anchor and Tiger breweries sites from its parent, Fraser Neave, and the
    382 words
  • Article, Illustration
    Interbank rate fall eases fears of new interest rate increases
    449 1  -  By Alvin Tay FEARS of another round of local interest rate increases for businesses and individuals have abated in recent weeks following the near onepoint drop in interbank rates. Early last month, two weeks after United Overseas Bank kicked off
    449 words
  • Article
    Court battle re-opens after postponement
    368 1  -  Pertamina Hearing By Diana Oon INDONESIAN state-owned oil firm Pertamina's 14-year court battle to recover US$75 million (S$ 128.2 million) amassed by a deceased employee re-opened yesterday in the Singapore High Court, after an earlier one-week postponement. Queen's Council Michael Sherrard, for Pertamina, told the
    368 words
  • Article
    Lock icon Delta reaches deal with Pan Am creditors
    149 1 AP NEW YORK Delta Air Lines and creditors of Pan American World Airways have agreed to a sweetened US$l.39 billion (552.39 billion) deal that will give Delta most of Pan Am's most prized assets. Yesterday's deal, which would make Delta one of the
    AP  -  149 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      156 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 KLSE 21 Weather 27 Commodities 26 Money Changer Rates 27 World News 9 Company News 3.4.6 Money Market 25 For market indices, editorial. Cryptic Crossword 27 Regional News 8 advertising and circulation exEdrtonal 10 Regional Stock Markets 24 tensions, call Business
      156 words
    • Advertisement
      Page 1 Advertisements Column 2
      10 1 BT investment race: Turn to Pg 2 for money coupon
      10 words
    • Advertisement
      Page 1 Advertisements Column 3
      61 1 Nikon The World s Finest Plotograprv.c Sys'enn Merger creates second biggest banking company in US, Back Pg Centrepoint Properties springs nice surprise, Pg 3 PARFUMS (artier mu/f de Cartier Boutique/ SINGAPORE #01-36. Lucky Plaza. 304 Orchard Road. Tel: *****27 #01 -04. The Shopping Gallery, Hilton International Singapore. 581. Orchard Road
      61 words
Page thumbnail Page 2
  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        PUB computerises enquiry system
        54 2 THE Public Utilities Board has installed a $190,000 computerised enquiry system where customers can call *****38 to check on the status of their PUB accounts and make enquiries on procedures even after office hours. The system, called U-Link, allows customers to check their utility charges, payments
        54 words
      • Article
        Arts scholarships
        67 2 THE Singapore Cultural Foundation (SCF) has announced the award of arts scholarships worth $124,500 to 39 recipients for 1991. The scholarships are awarded under the Rotary Club and Lions Club of Singapore Arts Scholarships, the Zubir Said Music Scholarships and the SCF Tertiary Training Subsidies for the Arts.
        67 words
      • Article
        Park-and-ride scheme extended
        127 2 THE Ministry of National Development has announced that from Aug 15, the government will extend the park-and-ride scheme to an additional car park. The latest car park to be introduced under the scheme is located near the Toa Payoh Mass Rapid Transit station, at multi-storey car park
        127 words
      • Article
        Swedish monarch to visit
        83 2 KING Carl Gustav of Sweden will be visiting Singapore on Aug 18 and 19 in his capacity as Honorary President of the World Scout Foundation and Patron of the Baden-Powell World Fellowship. The Singapore Scout Association said that the king will be here on an official
        83 words
    • Article, Illustration
      BG Yeo calls for set-up to boost Asian education
      202 2  -  World Chinese Entrepreneurs Convention By Lee Han Shih ASIAN businessmen should consider a Pacific Foundation to help promote Asian education and culture in the Pacific Rim region, Minister for Information and the Arts Brigadier-General (Res) George Yeo said yesterday. Delivering the
      202 words
    • Article
      Higher rentals, education fees lift expat living costs
      207 2 RISING housing rentals and education fees are pushing up expatriate living costs in Singapore. The Expatriate Consumer Price Index (ECPI), which is compiled by the Singapore International Chamber of Commerce (SICC), showed a 7 per cent rise in April 1991 compared with
      207 words
    • Article, Illustration
      PM raised issues which require urgent, in-depth attention
      484 2  -  Feedback on National Day Rally speech By Anna Teo PRIME MINISTER Goh Chok Tong, in his National Day Rally speech on Sunday night, raised issues that are not only close to the hearts of Singaporeans but which require uigent, in-depth attention, said
      484 words
    • Article
      SPH service to offer data on listed firms
      356 2 SINGAPORE Press Holdings will introduce a new service on Teleview to provide live information on companies listed on the Stock Exchange of Singapore and Clob International. Targeted at the business sector, Shine Company Research Service, which is run by the Electronic Publishing
      356 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      344 2 NO INVESTMENT KEEPS PACE WITH PROGRESS LIKE PLATINUM i •.'Jr'JPS- Vk m OR THE 199 1 AUSTRALIAN KOALA PLATINUM COIN Platinum is the world's rarest precious metal, 10 metric tons of ore A different Koala motif each year makes it not only a platinum investyielding only I troy ounce of
      344 words
    • Advertisement
      Page 2 Advertisements Column 2
      229 2 V m S»JlM JOIN US IN THE BT INVESTMENT RACE CONTEST #5 August 12-17,1991 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,OCX). In the August
      229 words
Page thumbnail Page 3
  • COMPANY NEWS 1
    • Article
      Local banks can expect good growth in second half
      765 3  -  First-half performance hampered by tough working conditions By Magdalene Ng IF COMPETITION has not been stiff enough, tougher working conditions partly due to new guidelines introduced by the Singapore authorities served to further erode banks' earning capacity here. The latest spate
      765 words
    • Article
      OUE reports 13.95pc rise in interim profit
      210 3 IN |PITE OF a 5 per cent fall >1 turnover and sluggish conditions in the hotel industry, Overseas Union Enterprises (OUE), the hotel and property arm of the Overseas Unisi Bank group, has reported a 13.95 per cent rise in aler-tax profit for
      210 words
    • Article
      Lock icon Ex-BBMB Sec man to appear in court today
      216 3 MBT KUALA LUMPUR A person alleged to be connected with irregular transactions at BBMB Securities, which resulted in the stockbroking firm incurring a Ms 72 million (Ss4s million) loss for the year ended in March, is expected to be charged in court
      MBT  -  216 words
    • Article
      Singmarine arms land contracts worth $13m
      336 3  -  By Rahita Elias TWO subsidiaries of Singmarine Industries, which is now rapidly expanding its market niche beyond the Asia-Pacific region, have clinched three newbuilding contracts totalling $13 million from repeat customers. Flagship Singmarine Dockyard won the largest single contract involving the construction of a
      336 words
    • Article
      Lock icon Landmarks half-year gain up 65.2pc
      212 3 Bernama KUALA LUMPUR Landmarks Bhd yesterday reported a 65.2 per cent rise in group pre-tax profit to M 59.5 million for the six months ended June 30 from M 55.75 million in the previous corresponding period as a result of new investments and higher yields
      Bernama  -  212 words
    • Article
      OUB interim group earnings down 17.8pc to $38.11m
      453 3  -  By Quak Hiang Whai OVERSEAS Union Bank, the last of the Big Four banks to release its interim results, reported that net earnings in the six months ended June 30 declined 17.8 per cent to $38.11 million from $46.35 million a year
      453 words
    • Article
      Centrepoint Properties springs pleasant surprise
      341 3  -  By Lee Han Shih CENTREPOINT Properties Ltd (CPL), which announced yesterday a 6.3 per cent drop in earnings and a $28.2 million fall in the value of its properties in the year ended June 30, reserved some good news for its shareholders. Its net tangible
      341 words
    • COMPANY BRIEFS
      • Article
        Tat Lee rights receive listing approval
        59 3 TAT LEE FINANCE has announced that the Stock Exchange of Singapore has granted it in-principle approval for the listing and quotation of 18 million new ordinary shares of $1 each arising from the company's rights issue. At the extraordinary general meeting held last Thursday,
        59 words
      • Article
        Philip Yeo quits DBS board
        31 3 DBS BANK has informed the Stock Exchange of Singapore that Philip Yeo has resigned as a director of the bank with effect from Aug 10, 1991.
        31 words
      • Article
        Supreme Corp to be Lion Land
        68 3 KUALA LUMPUR Supreme Corp Bhd has informed the Kuala Lumpur Stock Exchange that it intends to change its name to Lion Land Bhd. The change of name would be subject to receiving shareholders approval at the company's forthcoming extraordinary general meeting and would take
        68 words
      • Article
        BBMB Unit Trust's dividend
        87 3 KUALA LUMPUR BBMB Unit Trust Management, the manager for BBMB Unit Trust Fund/Amanah Saham BBMB, has declared a gross dividend of 9.5 per cent or 9.5 sen per unit at par for the financial year ended July 31, 1991. The dividend declared is the second pay-out
        87 words
      • Article
        Armed forces fund to move stake
        116 3 KUALA LUMPUR Lembaga Tabung Angkatan Tentera (LTAT), or the Armed Forces Fund Board, will probably inject its stake in a commercial bank into its 75 per cent owned subsidiary, Affin Holdings Bhd, LTAT chairman General (retired) Tan Sri Mohamed Ghazali Haji Che Mat said
        116 words
    • COMPANY BRIEFS
      • Article
        Sharp rise in United Tractors' interim profit
        71 4 JAKARTA Indonesian industrial giant United Tractors has reported sharply higher profits at half-time. The company posted a net profit of Rp 19.03 billion for the six months ended June 30, compared to Rp 16.22 billion for the previous corresponding period. The rise in
        71 words
      • Article
        BIL holds 28pc of CHH shares
        36 4 AUCKLAND Brierley Investments Ltd (BIL) says it now holds 28.47 per cent of the fully-paid ordinary shares in Carter Holt Harvey Ltd and 37.59 per cent of the maximum rights.
        36 words
      • Article
        Indocement posts higher interim
        82 4 JAKARTA PT Indocement has recorded better profits in the first half of this year. The company posted a net profit of Rpl 38.02 billion for the half-year ended June 30 on a sales volume amounting to Rp318.29 billion. By contrast, PT Indocement had a net profit
        82 words
      • Article
        Chinese firm buys NZ properties
        73 4 AUCKLAND China National Metals and Minerals Import and Export Corporation (Minmetals) has signed a NZ$35.B million deal to buy a portfolio of 20 prime Auckland industrial properties, negotiator Citibank New Zealand said in a statement. Minmetals is one of China's largest state-owned trading corporations. The
        73 words
      • Article
        S Korean firms want to go north
        83 4 SEOUL South Korean big business wants to take part in a major river development project for communist North Korea, according to news reports. The Chosun Ilbo and the Hankook Ilbo newspapers quoted industrial sources as saying the country's top business groups, including Hyundai,
        83 words
    • Article
      Inchcape group buys Jardine businesses
      186 4  -  By S N Vasuki SINGAPORE Jardine Pacific is selling its medical and dental distribution businesses in the Far East and Southeast Asia to two companies in the Inchcape Group. The two companies, Inchcape Bhd and Inchcape Pacific, yesterday announced that they had reached an agreement
      186 words
    • Article, Illustration
      Tokyo Gas in venture to supply city gas to M'sia
      371 4  -  KL govt and Mitsui also in billion-yen tie-up From Koichi Ishiyama in TOKYO TOKYO Japan's biggest city gas supplier yesterday announced that it will set up a large-scale gas joint venture to provide city gas in Malaysia. The venture is
      371 words
    • Article
      Tokyo giants invest in venture capital fund in S'pore
      308 4  -  From Koichi Ishiyama in TOKYO TECHNOVENTURE Capital Co and Tokyo Venture Capital Co, Japan's two major venture capital firms, have invested in Singapore's new major venture capital fund, Seavi 2 Ltd. Seavi stands for Southeast Asia Venture Investment Company NV. A
      308 words
    • Article, Illustration
      Lock icon Aussie stocks poised to rally as economy emerges from recession
      699 4 MARKET TALK Reuter SYDNEY Australia's share market is poised to test levels not seen in two years, shrugging off the worst profit results in a decade and high real interest rates as the economy slowly clambers out of recession. Renewed
      Reuter; Source:  -  699 words
    • Article
      AT&T to put US#10m into S'pore, Batam
      326 4  -  By Genevieve Cua SINGAPORE American telecommunications giant AT&T yesterday announced that it would invest about US$lO million (Ssl7 million) in cordless phone facilities in Batam and Singapore. Facilities in the two areas will be integrated, and will concentrate on AT&T's higher-end products. About
      326 words
    • Article
      Lock icon Asia Pacific Breweries becoming major force in regional beer market
      693 4 IHT SINGAPORE Asia Pacific Breweries Ltd, a joint venture between Heineken NV and Singapore's Fraser Neave group, is moving rapidly to become a major force in the regional beer market. The brewer, known until last year as Malayan Breweries Ltd,
      IHT  -  693 words
    • Article
      Indons, Siemens in phone switchings joint venture
      355 4 JAKARTA Indonesian state-owned Perumtel and its sister company PT INTI have signed a joint venture agreement with German industrial giant Siemens in Munich to set up a factory in Indonesia to produce automatic, digital telephone switchings, the Jakarta Post said recently. Mr Cacuk
      355 words
    • Article
      Lock icon Alcoa revamps again to stay competitive
      530 6 NYT NEW YORK Alcoa, the world's largest aluminium producer, is broadly reorganising itself for the second time in five years in a continuing battle against the industry's problems of low prices and deep price discounting. The changes at Aluminum Company of America will eliminate
      NYT  -  530 words
    • Article
      Lock icon Danish mergers abound ahead of EC single market
      279 6 Reuter COPENHAGEN Danish companies seeking to meet the challenges of the European Community single market were involved in more than 400 mergers and takeovers last year, just below the 1989 peak, but well above previous levels, according to an official report. Some
      Reuter  -  279 words
    • Article, Illustration
      Lock icon Maxwell stock dilemma sends nervous signals
      500 6 NYT NEW YORK Just as Robert Maxwell is planning to try to sell common stock in the US, there are signs that investors may be getting nervous about at least one branch of his far-flung publishing empire. A preferred stock issue of Official Airline
      NYT  -  500 words
    • COMPANY BRIEFS
      • Article
        French drinks group says it's still on target
        112 6 PARIS French drinks group Pernod Ricard is still on target for 1991 earnings growth of twice the rate of inflation, chairman Patrick Ricard said in a statement last Friday. The Pernod Ricard group's 1991 results should be in line with the forecast
        112 words
      • Article
        Pirelli unit posts profit
        113 6 HOECHST. Germany Pirelli Deutschland AG, the German unit of Italy's Pirelli Spa, said last Friday that it made a pre-tax profit of 10.2 million marks (5510.7 million) in the first half of 1991. No comparable figures were available for the first half of 1990. In a
        113 words
      • Article
        PepsiCo may buy Britvic
        98 6 LONDON PepsiCo Inc will probably launch a bid for soft-drinks group Britvic, owned by brewers Bass pic, Whitbread pic and Allied-Lyons pic, the Sunday Times said. It said Bass is believed to be interested in selling its 51 per cent stake for around £225 million (*****
        98 words
      • Article
        GEC bidding for UK network
        79 6 LONDON General Electric Co pic is bidding for National Transcommunications (NTL), the network of ITV transmission centres being auctioned by the British government, the Independent reported on Sunday. The privatisation is expected to raise around £100 million. The paper said GEC unit Marconi was bidding
        79 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      56 3 Managers must manage. BT shows you how every Monday. lit studio's THIRD BHHHJM USh!! WiTH UP TO 70'/. OFF Most STuFF. HoW till 17 AUGUST. SO SWOT DOWN TO StlfdZO AnD THREE V"URSEIF! STUDIO tancs »t«»io.* scorn «oao scorn sho»"nc cintm SINCAFO«< M) 2 Til *****11 OWN 10AM TO »0»M
      56 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      196 4 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 veiy satisfying prices. Come down for a quick bite or a lazy meal. Brasserie 6r Bar 30 Robinson Road, 81-00
      196 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      192 5 Not exactly an exciting prospect. Until Now, This Was The Closest Johor Bahru Came To A 5-Star Hotel. But one which we have rectified, because The Puteri Pan Pacific Hotel has finally opened its doors. The only 5-star hotel in Johor Bahru. And about time, too. You can check into
      192 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      242 6 Irn v the mm. i'*i* 1 T' r irW'i lini i i High volume, high speed laser printer/ jrJr pages per minute printing. FX-80, IBM 750-sheet capacity, 3-way feed demands of busy Super-compact 286 PostScript Laser Printer Handy Colour Scanner Notebook computer Genuine Adobe Post Scnpi Compact and light Paper-WhueTnple
      242 words
Page thumbnail Page 7
  • FINANCIAL NEWS
    • Article
      Banks in M'sia likely to follow rate rise by Maybank
      396 7  -  From Leslie Lopez in KUALA LUMPUR MALAYAN Banking Bhd's (Maybank) upward revision of its base lending rate (BLR) over the weekend is expected to set the stage for a new regime of high interest rates in Malaysia. Bankers expect local
      396 words
    • Article
      Bank of Hawaii to open S'pore branch by January
      316 7  -  By Quak Hiang Whai SINGAPORE Bank of Hawaii, the latest US bank to receive an offshore branch licence in Singapore, Will upgrade its representative office here into a branch early next year. BT understands that the bank, which received its approval
      316 words
    • Article
      Lock icon Business at China's forex swap centres up 55pc
      287 7 Reuter BEIJING China's foreign exchange swap centres, which represent the closest thing to a free foreign exchange market in a country with tight currency controls, have reported a surge in business this year as companies vie to buy US dollars, the official
      Reuter  -  287 words
    • Article
      Beijing sets up futures trading research centre
      355 7  -  From Catherine Ong in HONGKONG SHANGHAI has laid the groundwork for a financial futures and options market with yesterday's inauguration of a research centre for the latest capitalist tools that China is toying with. The opening ceremony of the Futures and Options Trading
      355 words
    • SMALL CHANGE
      • Article
        BankAmerica buys assets of Santa Barbara Federal
        76 7 SANTA BARBARA, California Bank America Corp said on Sunday that it had acquired deposits and certain assets of Santa Barbara Federal Savings Association from Resolution Trust Corp. Under the terms of the transaction, Bank America's Bank of America National Trust and Savings Association
        76 words
      • Article
        Staff get stake in Allied Bank
        104 7 KARACHI About 7,500 bank employees became part owners of Allied Bank on Sunday in Pakistan's second bank privatisation. Allied Bank is the second of four nationalised banks to be privatised under Prime Minister Nawaz Sharif s massive deregulation policy drafted to attract private investment.
        104 words
      • Article
        New Taipei remittance service
        101 7 TAIPEI Six government-run Taiwan banks here have either opened or negotiated the opening of a new service to allow locals to remit money directly to the Soviet Union, bank officials said on Sunday. Observers said the new service would help boost bilateral trade since previous difficulties
        101 words
      • Article
        Southeast Bank makes pay-out
        83 7 MIAMI Southeast Bank NA, part of Southeast Banking Corp, said as the servicer of the Southeast Bank Credit Card Trust 1990-B, it will make principal payments to certificate holders beginning in September 1991, due to a "pay-out event" which occurred at the end of July. The
        83 words
    • Article
      Lock icon Papers do not reflect our view: Commonwealth Bank
      285 7 Reuter CANBERRA Australia's Commonwealth Bank said documents quoting one of its officials as saying it was largely to blame for a foreign currency loan operation which ruined some customers did not present the bank's official view. The Sydney Morning Herald reported last
      Reuter  -  285 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      391 7 With an infinite spectrum of powerful desktops for your use, Until September 30, 1991. we are extending special offers I why continue to stand alone? for you to migrate to PATHWORKS easily and at significant -THE PERFECT SOLUTION FOR DESKTOP I INTEGRATION cost reductions. I You can now make the
      391 words
Page thumbnail Page 8
  • THE REGION
    • NOTE BOOK
      • Article
        Dr M hits out at environmentalists
        65 8 KUALA LUMPUR Prime Minister Seri Dr Mahathir Mohamad yesterday accused Western environmentalists of using tactics reminiscent of colonialists to sabotage the economies of developing countries. "They have succeeded in using local groups as tools to block economic development, especially exports that compete against products
        65 words
      • Article
        Thais aiming for 6m visitors
        52 8 BANGKOK The Tourism Authority of Thailand is targetting 5.7 to six million tourists next year, with the majority of visitors expected to come from East Asia and the Pacific. The Bangkok Post reported this following a meeting of top TAT officials in the Thai capital
        52 words
      • Article
        Store to ban cigarette sales
        95 8 BANGKOK Thailand's largest department store chain is to ban the sales of cigarettes as soon as current stocks run out. A Central Department Stores spokesman said yesterday that it will ban both local and foreign brands, while smoking will be restricted to a few sections
        95 words
      • Article
        Thai fishermen held
        82 8 BANGKOK Vietnam is currently detaining 846 Thai fishermen for between six months and four years for violating its territorial waters and has impounded 48 trawlers. The Thai ambassador to Vietnam, Suraphong Chayanama, said yesterday that Vietnamese authorities supplied him with the information after the Thai Foreign Ministry
        82 words
    • Article, Illustration
      Asean, NZ start scheme to boost trade ties
      429 8  -  Group has public sector support and private sector administration From Schutz Lee in WELLINGTON A VEHICLE has been created by the governments of Asean and New Zealand to promote trade and investment cooperation, with particular emphasis on the expansion of Asean exports.
      429 words
    • Article
      Lock icon NZ likely to ease monetary controls
      113 8 AFP WELLINGTON New Zealand's tough monetary controls can be eased in view of improvements in the fight against inflation, the governor of the Reserve Bank, Mr Don Brash, said yesterday. There was now scope for further reductions in wholesale and interest rates, he said.
      AFP  -  113 words
    • Article, Illustration
      Rising demand for office space pushes up rent in Bangkok
      330 8  -  By Salil Tripathi SINGAPORE Thailand's double-digit economic growth has fuelled tremendous demand for offices, says international property consulting firm Jones Lang Wootton in its first outlook report on the Thai property market. Cumulative supply of office space in Bangkok by
      330 words
    • Article
      Lock icon Umno faces two by-elections in Kelantan
      269 8 AFP KUALA LUMPUR Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad's United Malays National Organisation (Umno) is to fight two by-elections in opposition-held Kelantan state this month where it failed to win a single seat in the state assembly in elections last year. The
      AFP  -  269 words
    • Article
      Lock icon Japan shows interest in Aussie high-tech city
      170 8 Reuter CANBERRA Japan has said it would send representatives of 15 firms to Australia in December to examine investment opportunities in Australia's planned high technology city. Eiichi Nakao, Minister of International Trade and Industry (Miti), said the mission would study the Multi Function
      Reuter  -  170 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      220 8 SIEMENS Advanced medical systems for one of Singapore's leading j^jjj |jj Pll i Ml VJHMWT 1 \W 1 Angiographic examinations of vessels. The system is designed for products and systems have been ftrfE^BHii^HHHlli^B"7 patients suffering from vascular cerebral, thoracic, abdominal and developed during the past five diseases are essential before
      220 words
Page thumbnail Page 9
  • THE WORLD
    • Article
      Lock icon Lamont upbeat about Soviet prospects
      279 9 Reuter LONDON British Chancellor of the Exchequer Norman Lamont has returned from his mission to the Soviet Union optimistic about its long-term economic prospects but doubtful about success for some shorter-term policies. In an interview in yesterday's The Times newspaper, Mr Lamont said Soviet President
      Reuter  -  279 words
    • Article
      Lock icon Japanese firms based in Taiwan seek export incentives
      327 9 AFP TAIPEI Some 30 Japanese companies in Taiwan have urged the government to increase incentives for local companies to export products to Japan to help to reduce the island's expanding trade deficit with Tokyo. "We hope the government here can reduce its
      AFP  -  327 words
    • Article
      Lock icon Taipei raises growth forecast to 6.9pc for this year
      231 9 AFP TAIPEI Taiwan's stepped-up foreign trade activities and increased investment interest is expected to propel the island's economic growth to 6.9 per cent this year. Expanded overseas demand, especially since the end of the Gulf War, boosted Taiwan's exports, which in
      AFP  -  231 words
    • Article, Illustration
      Lock icon Chinese party chief warns against outside pressure
      382 9 Reuter BEIJING Chinese Communist Party general secretary Jiang Zemin told Japanese Prime Minister Toshiki Kaifu yesterday that China will not tolerate outside pressure to change its system. Mr Kaifu is the first head of government from a major industrialised nation to visit Beijing
      Reuter  -  382 words
    • Article
      Lock icon Investors, tourists returning to Lebanon
      405 9 Moves come as central government regains authority AFP DUBAI Thousands of investors and tourists from the oil-rich Gulf have travelled this year to Lebanon as the central government imposes its authority on the warbattered country. About 50,000 Gulf businessmen and tourists have gone to Lebanon
      AFP  -  405 words
    • Article
      Lock icon Gulf states set to speed up job nationalisation
      350 9 AFP ABU DHABI Wealthy Gulf Arab states are expected to hasten plans to nationalise jobs after the war against Iraq showed up the danger of their heavy reliance on foreigners, say regional diplomats. The Gulf War has already forced Kuwait to start
      AFP  -  350 words
    • WORLD WATCH
      • Article
        Pessimism among small British manufacturers
        142 9 LONDON Smaller manufacturing firms in Britain have reported that demand and output had declined further in the latest four months, according to the July Confederation of British Industry (CBI) smaller firms survey. "With the downturn expected to continue over the coming months, there are no
        142 words
      • Article
        Poll favours closer ties
        131 9 TOKYO A majority of top bureaucrats, businessmen and scholars in South Korea favour Japan improving its relations with North Korea so that Pyongyang can become more open, according to a joint Japan-South Korea poll released yesterday. The Tokyo financial newspaper Nihon Keizai Shimbun, in a joint
        131 words
      • Article
        Seoul boosts budget by 24pc
        80 9 SEOUL The South Korean government will propose a U5546.3 billion (5579.6 billion) budget for next year, a 24 per cent increase which has the Economic and Defence ministries clashing over priorities, the Yonhap national news agency said yesterday. The Cabinet is putting the last touches
        80 words
      • Article
        Kohl leaves VAT plan open
        98 9 BONN German Chancellor Helmut Kohl has said the scope of a value-added-tax (VAT) increase planned for January 1993 is still open and any decision will be linked to Bonn's plans to reform its corporate tax system. In a television interview last Sunday, Mr Kohl said
        98 words
      • Article
        Treuhand chief raps firms
        61 9 FRANKFURT The head of the Treuhand agency privatising 10,000 state-owned companies in former East Germany has criticised west German chemical companies for their reluctance to invest in the east. Birgit Breuel told the Hessische Rundfunk radio station last Sunday that she expected initial offers from foreign
        61 words
      • Article
        Iraq issues stock market law
        74 9 BAGHDAD Iraq, its economy in deep depression after a year of United Nations trade sanctions, has issued a stock market law to regulate and stimulate trading in shares. Staterun newspapers, announcing the news last Sunday, gave no date for the opening of an exchange. The
        74 words
      • Article
        Indian exports up 9pc
        87 9 NEW DELHI India's exports grew 9 per cent to USSI 2.5 billion (5521.5 billion) in the fiscal year ended in March, but even heavier import growth resulted in a hefty US$4 billion trade deficit, the Commerce Ministry said in a report released last Sunday. The ministry's
        87 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      198 9 IWith so many MBAs being offered today you want to be sure to choose: H The University that has an international reputation H The MBA that fits your personal needs H The MBA that enhances your career path development Some of the reasons why you should choose H WsTRATHCLYDE 25
      198 words
    • Advertisement
      Page 9 Advertisements Column 2
      110 9 For Those Who Have Arrived. Royal Forge. r-> ft mmm s 9S!58B8iHE '/a! BIBB M9IIIIIII MUM Royal Forge is world-renowned for its hand-somely-forged gates and fencing, railings and baluster. These take pride of place in distinguished homes and residences, including Singapore's luxurious Ardmore Park Apartments and Brunei's famous Istana Hijau
      110 words
Page thumbnail Page 10
  • Article
    Levelling, Singapore style
    498 10 EDITORIAL OVER THE next few weeks, or even months, we may need to ponder deeply the meaning of Prime Minister Goh Chok Tong's maiden National Day rally speech last Sunday. Its full import may take some time to sink in. But, sooner rather than later, it will
    498 words
  • WHAT THE OTHERS SAY
    • Article
      Gatt's stumbling bloc
      229 10 NEGOTIATORS of the Uruguay Round on the General Agreements on Tariffs and Trade take a break this month. And why not? For the hiatus in the talks, which began in 1986, has nothing to do with lack of effort on the negotiators' part. As noted by the
      229 words
    • Article
      Middle East hope
      106 10 IS THE Middle East conflict coming to an end? The question arises as efforts to convene a peace conference in October are gaining momentum. But prob- lems remain, including the conditions set by Israel on the issue of Palestinian representation before it would take part in any
      106 words
    • Article
      The fate' that binds
      167 10 CHINESE entrepreneurs from Chiha, Taiwan, Hongkong and various parts of the world can gather in Singapore today because of a common bond of friendship. This bond is also rooted in a common, long-standing and well-established culture. Without this common denominator, perhaps within half a century, Chinese
      167 words
  • REGIONAL VIEWPOINTS
    • Article
      Restoring confidence
      128 10 IT IS the surest indication yet that the government's handling of the Bank of Credit and Commerce closedown last month has had more far-reaching effects than had been realised. Faith in the system has been undermined, and the government must act quickly, in concert with the banking community,
      128 words
    • Article
      Siege syndrome
      168 10 THE TRIENNIAL Malaysian-Indonesian war game involving all three services are under way in Johor. Singapore's Senior Parliamentary Secretary (National Development) Lee Yiok Seng expressed the concern of some quarters over the scale, proximity and timing of the exercise. It particularly irks them that the exercise coincides with the
      168 words
    • Article
      Asean must look forward
      186 10 TIME say be running out faster than we may realise. Even as these lines are being printed, new realities are materialising all around us. Huge and powerful trade and economic blocks are in the process of being formed in Europe and North America. The course of
      186 words
  • Article, Illustration
    Lock icon Welcome to luxury budget lodging
    1077 10  -  An international hotel chain claims that the business traveller is changing in what he wants in hotel rooms. It is therefore adjusting its marketing technique to suit his needs. Roger Collis takes a look at what hotels may offer in future. Roger Collis IHT THE
    IHT  -  1,077 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      274 10 FISH BALL TANG HOON SOUP BAK RL'T TEH NASI OOftBNG LAKSA ROJAK CHAR TAI KVVAY CHAR KWAY TIOW ROAST l I X I 5 I ifcusT# 0.00 I S L V*~ 6 \RVBAL 4.25 S v* kut 3 25 e rjt 3 K)-IAIC. 'cq 1 Lh- Thar W -y 7
      274 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      66 10 DOONESBURY BY GARRY TRUDEAU Bonpcje* /r«5 USTBN, dOOPSe, I PON7 OKAV,IKNSWHZR, BUT HUT H£l, UJEIAJ6PS IN A COM9AT I kVMMN KNOW WHAT MEG TXP YOU. THAT W&C .WE CtPNT DO WNe,POP.GOPSSAKB! BUTTPSALLAUB. MOST ANYTHING. WMUCH, AW- UeiL, ACTUALLY, WBUBFS OF TT, ANYWAY. I MEAN, WAY. I MEAN, NOTHING ON A
      66 words
Page thumbnail Page 11
  • ANALYSIS
    • Article
      Lock icon Oh brother, how does one define dumping in the US
      875 11  -  Brother Industries and Smith Corona accuse each other of dumping typeriters in the US. David Sanger reports David Sanger NYT IN AN aging factory near the airport in Singapore, hundreds of young women from Singapore and neighbouring Malaysia are assembling
      NYT  -  875 words
    • Article, Illustration
      Lock icon What price market sentiment?
      1041 11  -  Will a company's poor result mean that its share price naturally drops? Not necessarily so, say market analysts. Even if the company has slipped into the red, traders may mark the shares up. Martin Baker explores this unusual phenomenon. Martin Baker IHT IT IS a phenomenon,
      IHT; Source: IBES  -  1,041 words
    • Article
      Lock icon A wall that remains in spirit
      922 11  -  Unlike the Berlin Wall, the division it once symbolised is far from destroyed, Mark Heinrich discovers Mark Heinrich Reuter BERLIN Rich west Germans tired of coughing up cash for their poor east German compatriots are muttering: "Bring back the Berlin Wall". On its 30th
      Reuter  -  922 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      161 11 THE GLOBE A Landmark in Design Functional Technology -V- <• -1 V -fflflW Davrtopm I I SSPW 4l Jethanand Realt> <S> Pte l td 139 Cecil Street #05-01, Cecil House 10 Singapore 0106 Telephone 222 7878 Fax 224 2840 y|l,J J; 1 ,4k r 5 i V it* Jones Lang
      161 words
Page thumbnail Page 12
  • INNOVATION & TECHNOLOGY
    • Article
      TECHTAKES
      242 12 OLIVETTI SINGAPORE has introduced its first line of personal computers for the year, the Olivetti PC Pro Series. The first in the series is the Olivetti PC Pro SX2O, a desktop 386SX PC that was launched last week. Built around the *****5 X CPU, it comes with standard three
      242 words
    • Article
      McDonnell and HP enter R&D venture
      245 12  -  Dexter Lee finds out what the facility, located in Malaysia, will be involved in Dexter Lee THE computer software division of American aircraft maker McDonnell Douglas has teamed up with computer company HewlettPackard to set up a research and development laboratory in Malaysia. The
      245 words
    • Article, Illustration
      Int'l Application Solutions, Cognos join forces
      240 12  -  By Claire Leow TWO LOCAL joint ventures have joined forces to make their presence felt in this region. Cognos Singapore a venture formed by Singapore Computer Systems (SCS) and Canadian vendor Cognos Incorporated has appointed a regional distributor for seven countries in an attempt
      240 words
    • Article, Illustration
      Lock icon Japanese chip makers in for lower earnings
      472 12  -  The development cycle of Drams has gone out of sync with the product's profit cycle, reports Yumi Kuramitsu in Tokyo Yumi Kuramitsu Reuter THE current generation of Dynamic Random Access Memory (Dram) chips is getting squeezed between its forerunner and successor, producing smaller
      Reuter  -  472 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      778 12 w OVERSEAS UNION BANK LIMrTED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Boerd of Directors of Oversees Union Benk Limited wishes to announce: The Bank The Group Six Months Six Monthe Six Month. Bix Monthe to 30-9-91 to 30-9-90 to 30-9-91 t039-9-*0 ♦/<-) 99*009 89*009 ***** STOO9 1. UNAUDITED
      778 words
    • Advertisement
      Page 12 Advertisements Column 2
      399 12 OVERSEAS UNION TRUST LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited is pieesed to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1991 Six Months Six Months Increase/ to 30-6-91 to 30-&-90 (Decrease) srooo srooo Total Operating Revenue 19*012
      399 words
Page thumbnail Page 13
  • CORPORATE FOCUS
    • Article, Illustration
      Lock icon California's stopped dreaming
      1489 13  -  California used to be the state all companies wanted to set up in. But its attraction is slowly being eroded by traffic congestion, smog, over-regulation, high costs and an irritable work-force. Robert Reinhold reports on how the state is fighting to keep its economy afloat Robert Reinhold
      NYT  -  1,489 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      62 13 -W' :v A /O I v i Wt A mfrm I > vP*lfL* :> yf v ill Wh> I Mpll "I H Ifl A. V V W^ j£p^§|||j^M^ v v \,A*. w^pnCgflpv PHI V ninr*¥;. I j| u I P' ji^ rE Service Centre: #24-07 Orchard Towers, Singapore 0923. Tel:
      62 words
Page thumbnail Page 14
  • Article, Illustration
    Introducing the most intelligent handphone in town
    1264 14 [elecom Equipment launches the Classic handphone. A heavyweight in features, but a lightweight in price, it's the "take anywhere, do everything", smartest handphone to ring Singapore's bells THE NEW Telecom C(psic is a compact and el||antly styled handpljane, which offers a w hole
    1,264 words
Page thumbnail Page 15
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      253 16 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la cartc menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. A MEMBER OF
      253 words
    • Advertisement
      Page 16 Advertisements Column 2
      317 16 iRyJPI /iA J ISI M DIANXIN TEMPTATIONS Continuing the parade of culinary gems incomparabte Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu treat yourself to all the Dian Xin you can enjoy for $16.80++ per person. Open daily from 11:30 am 2:3opm for
      317 words
    • Advertisement
      Page 16 Advertisements Column 3
      236 16 /»u l«*fe Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy Hours when all drinks are going for a song. r-TpT" pi.. r \J H HiTea^ Delights at Cafe Aladdin Calling all Hi Tea Buffs Cafe JT Aladdin has
      236 words
    • Advertisement
      Page 16 Advertisements Column 4
      265 16 NATIONAL DAY CELEBRATIONS AT CHATTERBOX jSeL j3fs£jjM2SadtL& Chatterboi. th« talk of th« town )o»ni x.. ln m# Na*lond Day ceietorahons with a host of dtsh«t f«oturing th« vail»d cullnorv flavour* of Slngapor# From Augutl o do*y lunch and dlnn»f at HI OO p«f»on includes on Mamoneie Pork Chop. P^ranakan noodle*
      265 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      649 16 TELEVISION AND RADIO T <■i > t rtn SBCI2 8.00 (.00 IttlMllltaB(M). i Love games %SSS. MnM <U ~.1, Te- SI StaSjoU. SJip^S-Financi^News ;«H: o-oo August cilrtrallni The iu full mill (M). S.lSaat Business Matters (See Our Choice, Stereo). 1010 warU Wim Tho Survival Game, Bpm, SBC 12 Choice). 12.39
      649 words
Page thumbnail Page 17
  • LIFESTYLE
    • Article, Illustration
      Lock icon No MSG please, we're animals
      723 17 Strange as it may sound, people are making big money selling 'natural' pet food NYT Elizabeth Biiodcau pluckcd a can from the supermarket shelf and scowled after reading a list of ingredients that included the chemical preservative sodium nitrite along with beef, bacon and cheese.
      NYT  -  723 words
    • Article, Illustration
      Lock icon Journal of the weird and bizarre
      424 17  -  Giles Elgood writes about the unusual appeal of a UK magazine Giles Elgood Reuter Lesbian vampires, talking tortoises and levitating nuns arc nothing special to the editors of the Fortean Times. The latest issue of their magazine which is sub-titled The Journal of Strange
      Reuter  -  424 words
    • Article
      Masur's date with the New York Philharmonic
      554 17 CHftfTiKMfc KURT MASUR will get a big welcome when he conducts his first concert as the new music director of the New York Philharmonic on Sep 11. The opening night festivities after the concert will include a dinner dance, to benefit the orchestra,
      554 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      264 17 AND ENTERTAIN Tea cum Bridal Workshop Prepare for your wedding during this beautiful presentation every Sunday in August. From 2 to 5 pm. $18.50++ per person. At the Connaught Room, level 2. August 4 Irene's Creation August 11 Bridal Bazaar August 18 Yumi Katsura August 25 Bridal Bazaar Fashionshow at
      264 words
    • Advertisement
      Page 17 Advertisements Column 2
      147 17 9-COURSE DELICACIES kMi 9 BONUS ITEMS J1 rf* Enjoy the following bonus items now! SpnU W lo Oh. ASSORTED COLD CUTS 3 1. 1 Euroca 35mm MFII camera g MM* MEAT 2. 1 roll Konica !35-35mm film 1 3 SSm 3. Video recording service for dinner J 4 REDfISH W/SOYABEAN
      147 words
    • Advertisement
      Page 17 Advertisements Column 3
      244 17 NEW Shine Company Research Service KNOWLEDGE ISPOWEB^ Quick access to information is the key to successful investment J and business dealings. The Shine Company Research Service provides comprehensive analyses including financial ratios of the companies quoted on the SES. Plus up-to-date information on major developments since 1989 affecting these companies
      244 words
Page thumbnail Page 18
  • SPORTS
    • Article, Illustration
      Lock icon Rookie Daly overpowers field to take title
      632 18 PGA Championship Reuter CARMEL, Indiana "Killer" John Daly completed a mind-boggling romp against the toughest field in golf on Sunday to claim the PGA Championship by three strokes at Crooked Stick. Daly, an alternate who gained entry only after three players declined invitations
      Reuter  -  632 words
    • Article, Illustration
      Lock icon Senna, Prost on different tracks
      618 18 AP BUDAPEST On the weekend that Ayrton Senna and Alain Prost called a truce in their Formula One rivalry, Senna returned to his winning ways while Prost finished last in the Hungarian Grand Prix. The Brazilian won his first race in six tries after starting
      AP  -  618 words
    • Article
      Lock icon Forget triumphs in great style
      273 18 ATP Championship AP MASON, Ohio It took Guy Forget nine years to earn a return match on the stadium court at the ATP Championship. But, oh, he did it in style. As a promising teenager from France, he lost to John McEnroe in 1982. Forget
      AP  -  273 words
    • Article
      Lock icon Capriati full of confidence after defeating Maleeva
      292 18 AFP TORONTO Jennifer Capriati was ready to take on all challengers here on Sunday after beating Katerina Maleeva in straight sets to win the Canadian Open, her second straight singles title. Capriati, who won in San Diego last week, trounced the fourth-seeded Bulgarian
      AFP  -  292 words
    • SIDE LINES
      • Article
        Acevedo shatters Cuban winning streak
        85 18 HAVANA Cuban boxers can be beaten after all. Just not by Americans. A Puerto Rican fighter did on Sunday what US boxers have failed to do, handing the powerful Cuban team its first loss at the Pan American Games with a shocking upset of two-time
        85 words
      • Article
        Broadhurst closer to Ryder Cup
        123 18 HOYLAKE, England Paul Broadhurst of Britain raced away with nine birdies in 10 holes to win the European Pro-Celebrity golf tournament by seven shots and move close to Ryder Cup selection on Sunday. Broadhurst's six-under-par 66, including birdies at every hole from the eighth to
        123 words
      • Article
        McNamara wins in Stratton
        76 18 STRATTON MOUNTAIN, Vermont Melissa McNamara fired a two-under-par 70 to steal the U*****,000 Stratton Mountain Classic from Patty Sheehan in her own backyard on Sunday. McNamara, who became the third first-time winner on the tour with a 10-under-par total of 278, beat Vermont native Sheehan by
        76 words
      • Article
        Fernandez overcomes Halard
        98 18 ALBUQUERQUE, New Mexico Second-seeded Gigi Fernandez easily powered her way past top-seeded Julie Halard of France, 6-0, 6-2, in 46 minutes on Sunday to win her second career title at the US$l5O,OOO Virginia Slims of Albuquerque. Fernandez, of Colorado, whose only previous title was a US$5O,OOO tournament
        98 words
      • Article
        Bravura sails into lead
        83 18 COWES, England The American yacht Bravura took advantage of steady winds to claim the lead in the two-ton class on Sunday on the second day of the Fastnet Race that concludes the Admirals Cup series. Bravura, skipped by Bob Towse, held a lead of one minute
        83 words
      • Article
        Pyongyang warns Seoul
        101 18 TOKYO Pyongyang warned yesterday that it would call off talks with South Korea this weekend on forming joint sports teams unless a North Korean judo star, who defected to Seoul a week ago. was returned. North Korean Olympic Committee chairman Kim Yu Sun told his Southern counterpart
        101 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      1204 18 EU YAN SANG HOLDINGS LIMITED (Incorporated In the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that «i Extraordnary General Meeting of Eu Yen Sang Hokings Limited wil be held at 38, Kim Tian Road, #03-00, Kim Tian Plaza, Singapore 0316 on September 4, 1991 at
      1,204 words
Page thumbnail Page 19
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Index plunges 22.5 points through key support level
      913 19  -  By Kooi Cho Teng MIRRORING the depressed performance of the Dow Jones in New York and the Nikkei in Tokyo, the Straits Times Industrials Index plunged 22.50 points (1.5 per cent) yesterday before settling at 1,440.08. In the process, the STII fell
      913 words
    • Article
      Untitled
      4017 19 Gr's Gr's 1991 Td Last Vol Day Last Quote Dir Dir YTd Net M Cap High Low Code Company Sale +or- C000) High Low Bayer Seller Or P/E Smil INDUSTRIAL ft COMMERCIAL 285 162 1000 Acma 223 unch 5 223 210 211 223 10.0N 1.5 4.5 14.8 136.7 255 200
      4,017 words
Page thumbnail Page 20
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3715 20 Main Board KHJC 10* 78 +10 +14.7% Jurong Ship 50* 910 +5 +0.6% Singmarine 50* 484 +4 0.8% Orchard Parade 458 2 +0.4% UOB Wt 344 2 0.6% Tiger Med 20* 205 +1 +0.5% JC-MPH Bond 82Vi +Vi +0.6% CM NST 330 4 +1.2% Dunlop
    3,715 words
Page thumbnail Page 21
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market drops to lowest point in over five months
      4169 21 Bernama SHARE PRICES in Kuala Lumpur fell on a broad front yesterday on renewed selling and lack of buying support, sending the key market indicator to its lowest close in over five months. The KLSE Composite Index fell 7.33 points to
      Bernama  -  4,169 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      43 21 I 5 p 1 ggjg 1. Kv F-— r~ i r r~ i I—J1 J JJ j J J f r l -B /•< <-« •> <■-•>.. V;• v J? I2AJ VWIjM F^HipYeogtewl^ Development Board HHP ..:--C C'V X-'^J^^--hC T lIPI r. 1 vv'-iij^V :> V >"-'> ON SALE
      43 words
Page thumbnail Page 22
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      240 22 AUDITED RESULTS CaapMjr Date Ymr 6rwp Net N«t Mrafafs Crots to praM/toss (L) put tkart ihMmti ('MO) (cMts) CK Ting Aug 7 Mar 91 $6,792(16.770) 16.4(26) 6(6) Ganda Htdgs Aug 5 Sep 90 M$ll,4161(17,8591) MAS Aug 5 Mar 91 M$197.378($195.084) 56.4(55.7) 15.(12 5) J Cement Aug 6 Mar
      240 words
    • Article
      PRELIMINARY RESULTS
      111 22 Cmvhk Date Ymt Grovp prt-tex Net Mralags Gnu mm to profit/tots (L) per slur* dWdowl COOO) (CMts) Matayawsta Aug 2 Mar 91 M$51,065($31,216) 38(23.2 7.5%TE(2%TE) Khone Guan Jul 30 Apr 91 $312l($316L) 4(4) RasM Hussain Jd 24 May 91 M*68.223($30.105) 24.9(19 4a) 5 (4.5a) lUmunbng Corpn Jul 19
      111 words
    • Article
      INTERIM RESULTS
      382 22 Ctapaay Date HiH-jfur Gmp prt-tu Interim in to profit/to* (L) dtvto—4 ('000) G Securities Aug 7 Jun 91 11.047(12.464) 5(5) Juroni Cm Aug 7 Jun 91 $2,378(91.374) Jurw« Ship Aug 7 Jun 91 $43,718($30,889) 15(10) Kappel Corpn Am 7 Jun 91 $122,825(1107,188) OCBC Am 7 Jun 91 $119,074g($106,229g)
      382 words
    • Article
      CORPORATE DEVELOPMENTS
      944 22 JMif 9 KX Corporation BM will acquire two companies, Puncak Megah (M) Sdn Bhd and Waflgso Tengap Sdn Bhd, from Petalmg Garden Bhd and Sports Toto Holdings Bhd, and wdl in turn sen its 22 per cent stake in the Lanjut Golf Resort to Petaling. Aug 8 lack
      944 words
    • Article
      DIVIDENDS ANNOUNCED
      652 22 Carnal Ex torts Date Tatal far Tttei tm payment dsts cIom p&ysM# tftM ytir test yw AMFF NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8C AJei rtdgs 50c 6*(b) Sep 4 Sep 16 Sep 30 6% 6% Asa Pac Ld 50c 2f (b) Jul 18 Aw
      652 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      841 22 Print as at 12.0t.Sl CaavarsisN ttnm PrmilwH Expiry (*«»—t) Amount opt >o*iar iSMg ilMMd —r— ——-p— Company (mM Wrt» Skara Loan Conv Eur Lnstk Cask Cash. Laaa Gaartag. Data Mths units) stack rati* price now Laft MM Burw.ll 115.2 0.240 0 680 1.00 1.00 82 2.83
      841 words
    • Article
      RESULTS DUE
      404 22 M* Board Last Frt Year Company NM Data Ymt Nat EPS freaa Net amaacad n*i| (oanto) <fc prvK twt rw trooo) Caret* Intern Apr 27 Jul 91 12.6 20.0TE(a) 38.911 Span Land Intern May 4 Oac 91 12 6 10 0 44.641 Tang Mam Wem Ai« 2 Dec
      404 words
    • Article
      APPROVED ISSUES
      248 22 Company Rights Issue Man One-tor-tour MJ2 00 per stare Ex-date Jul 16 Books dose: Jul Acceptance Payment: Sep 10 kfrn Hyd Four tor fwe MS065 per share Ex-date: Jul 25 Books dose: Aug 8 Acceptance Payment: Sep 17 Nat Kap One-tor-two SO 80 per share Ex-date: Au| 13
      248 words
    • Article
      PROPOSED ISSUES
      553 22 Company Rights Issue Ma Px Ljnd One-for two MJO 65 per share Wince Tadi One-for-one $100 per share Man Issue of $90 978m normal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the bass of S2 nominal amount of Bonds for every three
      553 words
    • Article
      BONDS, LOANS & WARRANTS
      746 22 BONDS, LOANS WARRANTS C—paay C—wwl— pmiti Cmmntm I— fcr mm tHkmy iw 1 Nt Before 30/6/9* 1 warrant plus mSlOO cash CAC Nt Before 26/4/93 1 warrant plus {109 cash Caaaway Law Causeway Nt 2/10/89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant plus J 10 77
      746 words
    • Article
      COMPANY MEETINGS
      420 22 SPK-Sentosa Corpn Bhd: 28th AGM at the Board Room, 13th Floor Wisma SPK, Jalan Sultan Ismail, Kuala Lumpur on Wednesday, Aug 14, at 10am. Sunshine Aied Investments Ltd: EGM at 481 Tangkn Halt Road, Singapore 0314 on Friday, Aug 16, at 10am. Summa hvestments Ltd: 27th AGM at
      420 words
    • Article
      RECORD HIGHS & LOWS
      162 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 htfc 1333 08 (3/6/91) 1991 htft 1565.58 (3/6/91) 1991 tow: 1022.52 (16/1/91) 1991 tow: 1149.06 (16/1/91) 1990 Ntfc 1435.43 (16/7/90) 1990 ktfc 1607.12 (27/3/90) 1990 tor 981.07 (09/11/90) 1990 to* 1079.50 (11/10/90) 1919 htft 1322.00 (28/12/89) 190 htft 1487.76 (26/12/89)
      162 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks fall sharply, going below 23,000 mark
      2223 23 Reuter UPI TOKYO STOCKS fell to close at the day's low yesterday with the Nikkei share average ending below a key 23,000-point level for the first time since July 23. Trade was thin with investors either on holiday, or watching Japan's popular high
      Reuter; UPI  -  2,223 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Banking stocks back in favour again
      1917 23 Reuter SHARE PRICES closed up sharply but off early highs yesterday, with banking stocks the focus of buying activity, brokers said. The blue-chip Hang Seng Index rose 46.13 points to 4,070.14, after touching a high of 4,079 in morning trade. "People expected a rally
      Reuter  -  1,917 words
  • Page 23 Advertisements
Page thumbnail Page 24
  • REGIONAL STOCK MARKETS
    • Aussie bourse falls on recovery doubts
      • Article
        Untitled
        1077 24 Close Previous Aug 12 AUSTRALIA All Ordinaries Index I.S6S.7 1.584.2 -18.5 All Industrials Index 2,390.5 2,416.1 -25.6 All Resources Index 932.2 944.2 -12.0 Turnover (million) 134.86 141.6 -6.74 BANGKOK SET Index closed 702.92 Turnover (billion baht) 1.61 JAKARTA Composite Index unav 331.97 MANILA Composite Index 968.86 975.37 -6.51 Turnover (million)
        1,077 words
      • Article
        AUSTRALIA
        775 24 AUSTRALIAN shares nose-dived during afternoon trade yesterday as doubts about the economic recovery and weaker overseas markets caused buyers to desert the bourse. The All Ordinaries Index fell 18.5 points, or 1.2 per cent, to close at 1,565.7 in lacklustre trade. "It's beginning to soak in that the market's
        775 words
      • Article
        MANILA
        519 24 PHILIPPINE shares slipped across the board yesterday on waning investor interest in a market wary about a possible US pullout from American bases in the country and a rightist warning of a coup against President Corazon Aquino. Manila's Composite Index ended 6.51 points lower at 968.86. Brokers said sellers
        519 words
      • Article
        JAKARTA
        638 24 THE Jakarta stock index yesterday rose 5.67 points to 337.64 in fairly active trade, in which nearly three mln shares were traded. Inco rose 100 rupiah to 3,300 on volume of 405,000 shares. The newly listed Indovest was the most traded on the big board, with 450,000 shares changing
        638 words
      • Article
        TAIPEI
        530 24 THE TAIWAN stock index finished lower on profit-taking yesterday after previous gains, and brokers said the correction might continue for some time. The Weighted Index finished at 5,157.66, 49.35 points lower than Saturday's 5,207.01 close. Turnover was NTS4I.7 billion against NT539.07 billion. Dealers said the market had gained for
        530 words
      • Article
        SEOUL
        855 24 FOLLOW-THROUGH selling from Saturday's sharp decline dragged Seoul stocks down in moderate trade yesterday, brokers said. "Investors were worried about further falls partly because the recent market rise was drastic," Dongsuh Securities broker Chung Chang-shik said. "A drop in customer deposits with brokerage firms increased their worries." The composite
        855 words
      • Article
        NEW ZEALAND
        376 24 AN EIGHT-CENT fall in Fletcher Challenge to NZ53.57 led New Zealand shares lower in thin trade yesterday. "It was one of those nasty days," Peter Halligan of Buttle Wilson said. "It was just a matter of a thin market being sold." The NZSE4O Capital Index was 18.05 points
        376 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      26 24 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Mingau, Shin Min, LianHe Wanßao call our Hotline 749-2577
      26 words
Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Tokyo dealers expect Aussie dollar to climb
      417 25 Reuter TOKYO Currency dealers here expect the Australian dollar to climb higher in coming weeks as investors from Japan and elsewhere step up purchases of Aussie bonds. "The Aussie should be supported by a continued flow of short-term money," said Toshihiko Komiya, a
      Reuter  -  417 words
    • Article
      Lock icon Quiet electronic move in Chicago
      562 25 Second automated trading card system soon for options exchange Reuter CHICAGO As Chicago's two futures exchanges, with much fanfare, pursue an automated trade-recording system, the nation's largest stock options exchange is quietly expanding a pilot electronic trading card. The Chicago Board Options Exchange (CBOE) is
      Reuter  -  562 words
    • Article
      INTERBANK FOREX RATES
      388 25 Cross rates Aug 12 USS SS MS Dm Yen SFr AS NZJ USS 1.7250 2.7730 1.7255 136.25 0 5898 1.5130 unav 1.7513 SS 0.5797 1.6075 1.0003 0.7899 0.3419 0.8771 0.7396 1.0153 MS 0.3606 62.21 0.6223 0.4913 0.2127 0.5456 0.4601 0.6316 Dm 0.5795 0.9997 1.6071 78.96 0.3418 0.8768
      388 words
    • Article
      MONEY MARKET
      532 25 Interbank rates SS Bid Offer Overnight 5 1/4 5 3/8 1-month 5 5/16 5 7/16 2-month 5 5/16 5 7/16 3-month 5 5/16 5 7/16 Overnight mode: 5-1/8 b'SS Bid Offer 7 days 5 11/16 5 13/16 1 month 5 5/8 5 3/4 2 months 5 11/16 5
      532 words
    • Article
      Greenback closes steady to lower in subdued Asian trade
      866 25 REPORTS ASIA Tokyo: The US dollar was steady to weaker in slow, directionless late Asian trading yesterday. Dollar sentiment should stay bearish, although prevailing caution ahead of major US indicators due out this week and Thursday's Bundesbank meeting kept dealers on
      866 words
    • Article
      FINANCIAL FUTURES
      1063 25 SIMEX EUROOOU-AR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.24 94.25 94.23 94.23 749 ***** £786 Dec 91 93.90 93.90 93.88 93.90 2295 ***** ***** Mar 92 93.82 93.83 93.81 93.83 1318 ***** 3320 Jun 92 93.46 93.46 93.44 93.46 257 2812 2019 Sep 92
      1,063 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • COMMODITIES
    • Article
      Lock icon S Africa sitting on 15 potential new gold mines
      326 26 Reuter JOHANNESBURG South Africa could develop 15 new gold mines if its mining industry could conquer current financial and technical challenges, Minerals and Energy Affairs Minister George Bartlett said last week. "As many as 15 new gold mines could possibly be
      Reuter  -  326 words
    • Article
      Lock icon Western exporters seek more credit for Soviet grain imports
      366 26 Reuter LONDON Western grain exporters, led by the US, are urging their governments to offer the Soviet Union more credit to cover a projected sharp rise in imports, grain analysts and traders said. Although the Soviet Union is the world's largest
      Reuter  -  366 words
    • Article
      KLCE prices end higher on talk of India's return
      843 26 REPORTS MALAYSIAN crude palm oil prices yesterday closed off the day's highs on late selling and reflecting the trend on the futures market, dealers said. Prices had earlier firmed up on talk that India would return to the market this week,
      843 words
  • Article
    PRICES
    1359 26 Rubber Aug 12 Scents/kg i Noon Close Int 1 RSS Prompt 138.50/139.50N I38.2VI39.25N Int 1 RSS Sep 91 140 25/140 75 140.00/140.50 Int I RSS Oct 142.2VI42.75 142.00/142 50 Int 2 RSS OP 138.75/I40.75N 138.7VI40.75N Int 3 RSS OP 137.75/139.75N 137.75/139.75N Int 4 RSS OP 133.25/135.25N 133.25/135.25N Int 5
    1,359 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      853 26 BUSINESS TIMES TBLBfHOWB: 730-3771/3772/3773 PAX: 734-4>»2 EU YAN SANG HOLDINGS LIMITED (Incorporated In tho Republic of Singapore) NOTICE OF MEETING OF TSR HOLDERS NOTICE IS HEREBY GIVEN that a Meeting of transferable subscription rights holders of Eu Yan Sang Holdings Limited wil be held at 38, Kim Turn Road, *03-00,
      853 words
    • Advertisement
      Page 26 Advertisements Column 2
      475 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AROCHEM (SINGAPORE) PTE. LTD. (Incorporated in Singapore) STATUTORY DECLARATION OF INSOLVENCY I, CHAN WOON NGOW, NRIC No. *****62J of Btockslo Bedok North Street 3 #03-53, Singapore 1646 make oath and say as follows: (a) I am a Director of the abovenamed
      475 words
    • Advertisement
      Page 26 Advertisements Column 3
      25 26 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.
      25 words
Page thumbnail Page 27
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1131 27 Ctty n*t ETA n*t ETD M« Mali Baadar Sari GA893 SQ228 GA893 KL837 SQ23 NZ3S GA52S/ 910 SQ181 1025 2000 1025 1255 1815 1550 1755 1410 GA892 QF82 RJ183 SQ24 GA892 KL838 GA974 SQ388 NZ36 SQ182 0110 2200 0030 0100 0110 2240 2400 2015 2330 0915
    1,131 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A holiday without the frills
      603 27  -  LETTER FROM AMERICA By Edwin McDowell DAVID and Susan Haggcrty did not go on holiday last year, but this summer the Phillipsburg, New Jersey, coupic rented a bungalow near St Petersburg, Florida, to spend a week at the beach. They and their two young daughters
      603 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.344 1.3623 Canadian dollar 1.485 1.515 NZ dollar 0.9745 0.9950 Sterling pound 2.909 2.948 US dollar 1.720 1.740 Local dollars to 100 units of foreign currency Austrian schilling 14.04 14.33
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      65 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Aug 18-20 International Germany Mode Woche- *****1990 Profitable national Kualaof International Fashion Fair Munchen GmbH Brands Lumpur Research Aug 20-31 Izmir Turkey Izmir Fair SI 1421 SO International Organisation Aug 24-28 International Frankfurt, Mesae Frankfurt *****5750 Fair
      65 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      39 27 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know lumpr fn»n xlart to Finn***
      39 words
    • Advertisement
      Page 27 Advertisements Column 2
      26 27 She's the Black Phoenix And she declares: "I hate to be called a sex symbol, that doesn't mean actress J :'MEj V y>'' f HW sy
      26 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      149 27 26 The big fish, by all ac- f m counts (3,4,3,4) g Replacing the l'as, of the YESTERDAY'S SOLUTKW DOWN footlights (6) 13 Classification of choco- pN A IM L i£| T B M lA|"l2J A llJfl 1 Close agreement (7) lates? i 0) MMfWVWgMgWIWPWM 2 Bar of soap! (3,6,6)
      149 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      193 27 Singapore Outlook: Showers over several areas in the morning Report Maximum temperature 33*0 Assoc humidity 59% Minimum temperature 26.3 Assoc humidity 88% Hours of sunshine 6.85 Rainfall in mm Nil Rainfall this month 15.5 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 12/08 Showers Bangkok 32/25 Fair
      193 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 U'F\ mot S\J£Pfc»S CD J M' v JOST &££isi DOiOIJ TO Twe rns/ ep\*s we Busing,..} ~A| £OTOR AOOL DOCA x -1 J N R€jpnPifcKP&LC CWPvRACT^ V rO, PSSftSSiNPsTQN JOB OH C EVENING STANOAND CO. LTD.. IM2-IMI
      37 words
Page thumbnail Page 28
  • Article
    Lock icon BankAmerica to merge with Security Pacific
    303 28 Move forms second largest banking company in US AP NEW YORK Bank America Corp and Security Pacific Corp yesterday announced the largest banking merger in US history, creating what will be the country's second-big-gest banking company with assets of US$l9O billion (***** billion). The
    AP  -  303 words
  • Article
    Indian minister invites investments from S'pore
    311 28  -  By Saiil Tripathi INDIA is open for business. Carrying this simple message, India's Minister for External Affairs, Madhavsinh Solanki, met Prime Minister Goh Chok Tong and Foreign Minister Wong Kan Seng yesterday during a transit visit to Singapore the first in 10 years by
    311 words
  • Article
    Shipping lines cut or withdraw freight rate hikes
    379 28  -  By Selva Kumar MANY of the shipping lines that recently increased freight costs by increasing rates and imposing a terminal handling charge have either totally withdrawn the increases or reduced the amounts. Of the 18 shipping lines which imposed a rate increase
    379 words
  • Article
    Lock icon Neighbours may follow if Bonn raises rates
    151 28 Reuter LONDON Any move by the Bundesbank this week to raise interest rates is likely to force some, although not all, of Bonn's neighbours to follow suit, in order to defend their currencies, say analysts. European markets braced themselves for a tightening in
    Reuter  -  151 words
  • Article, Illustration
    Good time as any for introducing reforms
    702 28  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist ALMOST every morning over the last two months, newspaper readers all over the world have been treated to the unusual sight of several solemnlooking Japanese businessmen bowing to
    702 words
  • Article
    Depositors' faith in system still intact
    653 28  -  Run on Hongkong banks From Catherine Ong in HONGKONG THE RUN on Standard Chartered Bank and Citibank in Hongkong last week was a 48-hour wonder that has not shaken the faith of the ordinary man in the soundness of the territory's banking system, analysts
    653 words
  • Article
    Lock icon Taiwanese textile group to bid for bank's HK subsidiary
    348 28 The BCCI collapse Agencies TAIPEI Taiwan's giant Hualon textile group is bidding to buy the Hongkong subsidiary of the Bank of Credit and Commerce International. A spokeswoman for the group said yesterday, "A Hongkong subsidiary of our group is bidding for
    Agencies  -  348 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      58 28 Baume Mercier GENEVE 1830 LEm H»1 «m 17,0 The Leitz Ambiente Grey Leitz is known worldwide for office filing equipment and supplies. Its Ambiente Grey range will equip any office with that stamp of success and efficiency. Available from leading office stationery suppliers. j3J BALMAR marketing Tel: *****77 Member of
      58 words
    • Advertisement
      Page 28 Advertisements Column 2
      117 28 Baume Mercier GENEVE 1830 i 11 "1 11 n I Bil r J fU 2 TK*fc*tt 1025 A total of iwflv< units of J. 4. and Club-size pool, sauna steambath Vbedroom apartments Superb location, next to prestigious Tanglin Large living and dining rooms, ideal for Club and American Club entertaining
      117 words
Page thumbnail Page 29
  • SHIPPING TIMES
    • Article
      Troodos Shipping to open office here next month
      347 29  -  By Magdalene Phang LONDON-REGISTERED shipowner Troodos Shipping Trading joins the growing number of foreign companies planning to set up offices in Singapore. The company, which has two-thirds of its 40-odd vessels plying the Far East, will open its local branch office next
      347 words
    • Article
      PT Djakarta Lloyd, foreign consortium to operate Tanjung Priok feeder services
      359 29 JAKARTA The stateowned PT Djakarta Lloyd (PT DL) shipping company and a consortium of three foreign companies have agreed to operate feeder services to take all export goods from major ports around the country to Tanjung Priok port in
      359 words
    • Article, Illustration
      Lock icon Air Lanka orders Airbus planes
      271 29 Reuter PARIS Airbus Industrie has announced that the Sri Lankan national carrier, Air Lanka, has placed firm orders for five long-range A340-300s and for one sin-gle-aisle A 320. It had also taken an option on one single-aisle A 320. It said that deliveries of the
      Reuter  -  271 words
    • Article
      INDEX TO ADVERTISERS
      888 29 Page Col ABC Containerize 12 I Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL S I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg
      888 words
    • Article
      Ben Line Agencies appointed EAC-Ben's S'pore agent
      296 29 LONDON-BASED EACBen, the joint venture between East Asiatic Company and Ben Line Containers, has appointed Ben Line Agencies as its Singapore agent for its proposed Far East-Europe service. A company statement said that with the appointment, the principal will be able to draw
      296 words
    • Article
      PAE completes Myanmar hangar project
      335 29  -  By Rahita Elias ENGINEERING firm PAE Singapore has recently completed a US$2OO,OOO (*****,000) project to construct a hangar in Myanmar for an unidentified US-based oil major. Using Singapore as its springboard for South-east Asia, the US-based PAE is also marketing the same metal building system,
      335 words
    • Article
      Lock icon Direct ferry service between China and South Korea likely
      178 29 Reuter SEOUL A South Korean ferry company has agreed to establish a 50/50 joint venture in Seoul with a Chinese shipping company, in China's first direct investment in South Korea's shipping industry. Under the agreement, South Korea's Cosmo Tiger Corp and
      Reuter  -  178 words
    • NEWS SUMMARY
      • Article
        Landmark trade agreement
        68 29 THE recent agreement between the European Community and Japan to limit Japanese car imports is possibly the most important quota arrangement in the history of global trade. The accord will restrict sales of Japanese cars for seven years in what will become by far the world's largest
        68 words
      • Article
        United re-enters the bidding
        82 29 UNITED Airlines last Thursday once again stepped into an arena jammed with bidders for some prized Pan Am assets. Hoping to spoil the deal that Delta Air Lines has negotiated with Pan American World Airways Inc and to edge out a competing offer from Trans World
        82 words
      • Article
        Toyota's Lexus tops car survey
        42 29 TOYOTA'S Lexus luxury car division has become the first Asian brand to top a new car sales and satisfaction index survey by J D Power and Associates, displacing Germany's Mercedes-Benz, which fell to fifth place Back Page
        42 words
      • Article
        New Hampshire keen on German aircraft protect
        46 29 GOVERNOR Judd Gregg of New Hampshire said toxic waste and other environmental problems should not be permitted to hamper plans by German aircraft manufacturer Deutsche Airbus to build a plant at the former Pease air force base Back Page
        46 words
      • Article
        Aussie train protect derailed
        30 29 AUSTRALIA'S multi-billion dollar Very Fast Train (VFT) project was derailed last week by a government decision not to give the project special tax treatment Back Page
        30 words
    • Article
      Nusantara signs 4 foreign agreements
      231 29 BANDUNG Indonesia's state-owned Nusantara Aircraft Manufacturing Co (IPTN) has signed four cooperation agreements with foreign parties during the past two months. The Jakarta Post reported that IPTN signed a Memorandum of Understanding on July 25 with Henschel Flugzeug Werker (HFW) of Germany, binding the two
      231 words
    • LOG BOOK
      • Article
        Nedlloyd to sell energy division
        63 30 AMSTERDAM Koninklijke Nedlloyd Groep NV plans to sell its energy exploration and production division to NV DSM for US$l35 million (Ss23o million) to $140 million. Nedlloyd said its Nedlloyd Energy division had proven and probable reserves of 25 million barrels of oil equivalent and interests
        63 words
      • Article
        Poland plans fast train link
        73 30 WARSAW Poland wants to build a fast train link between Berlin and Warsaw and a Western expert said he expected the World Bank to lend US$l45 million (Ss24B million) for the project. Polish Transport Minister Minister Ewaryst Waligorski told a news conference his ministry was
        73 words
      • Article
        New licences from Samoa
        77 30 APIA, Western Samoa The country has granted five airlines Polynesian Airlines, Hawaiian Airlines, Samoa Air, Air Pacific and Air New Zealand new service licences after it was established that their existing licences were invalid because proper procedures had not been followed. The new licences were granted
        77 words
      • Article
        Muslim fanatics under suspicion
        71 30 ZAMBOANGA, Philippines Muslim fanatics enraged by anti-Islamic remarks and literature are suspected to be behind the bloody grenade attack on a Christian mission ship here, police said Monday. A police report sent to the Defence Department in Manila said Frank Michalek, a German member of the
        71 words
      • Article
        Japanese jet fighter
        86 30 TOKYO Mitsubishi Heavy Industries Ltd (MHI) has begun to consider ways to meet development requirements for Japan's next-generation jet fighter, the FSX, without the participation of a major defence contractor suspected of illegally exporting missile parts to Iran. Japan Aviation Electronics Industry Ltd, a maker of aeronautical
        86 words
      • Article
        Mayne Nickless acquisition
        75 30 MELBOURNE Transport and security group Mayne Nickless Ltd has bought Queensland company Finney Bryce Transport for an undisclosed sum. Finney Bryce began business in 1898 and now operates in contract warehousing and fleet management with a fleet of 150 vehicles, Mayne Nickless said. "Finney Bryce has many
        75 words
    • Article, Illustration
      Lock icon A landmark trade agreement fraught with difficulties
      1288 30  -  Steven Greenhouse examines the recent accord between the European Community and Tokyo which restricts imports of Japanese cars for seven years Steven Greenhouse NYT THE recent agreement between the European Community and Japan to limit Japanese car imports is possibly the most important
      NYT  -  1,288 words
    • Article
      DAILY FREIGHTS
      558 30 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-Au-gust for an Australian round voyage at US$lO,BOO daily, about US$2OO higher than the existing rate. Increased Japanese enquiry
      558 words
    • Article
      THE SHIPPING GUIDE
      10437 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,437 words
    • Article
      SHIPPING AGENTS
      3319 43 A_ Shpg Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Groap: Accord Shpg Pte Ltd (SyAccord Contr Une (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel Liner Service Kim Shpg A Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,319 words
    • Article
      COURIER SERVICES
      249 43 Abacus Courier* Tel: 545-8011. Fix: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation TeL 542-8844. Fax: *****16, *****80. Airs will Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. CHy-Liak International Tel: 344-3377. Fax: *****50. Cluster Liuk Supplies A
      249 words
    • Article
      AIR FORWARDERS
      1518 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Tel: 225-1833. Fax: *****42. Activak Singapore Td: 542-7822: Fax: *****20. Aerotink Freight lan national Td: 545-8031 Fax: *****05. TeL°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Ak Market
      1,518 words
    • Article
      Lock icon PORT CONDITIONS
      413 44 Reuter Ammb 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratn Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk
      Reuter  -  413 words
    • Article
      SHIP SALES & TANKER RATES
      682 44 SHIP SALES TANKER RATES VESSELS ON OFFER Brik carriers Sunderland: 52,164 dwt and built 1970. San Marco: 37,850 dwt and built 1968. AMhc 27,365 dwt and built 1971, on offer at US$3 million. Sotac 29,785 dwt and built 1984, on offer at USSII million. AJ Noor 45,798 dwt and built
      682 words
    • Article
      AIR FREIGHT SCHEDULE
      468 44 ARRIVALS Of Flight Ty»e ETA T Froa TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 NRT CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997 DC8F 0240 1 SYD CAL CI333 B747F 0315 1 TPE SIA SQ801
      468 words
    • Article
      CRUISE & FERRY SCHEDULES
      354 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep N—eofVeaaei ETA ETP Pwti of OUb Port Aft AUG 15 IS Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 16 16 Con Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 19 19 Orient Sun 1000 1800 Sin-Jakaita-Sin Sembawang Johnson 20 20 Cora Princess 1000 1800 Sin-Jakarta-Sin
      354 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        448 45 Ooy Wo Both jwM Departure Vws«l toy No Bwth fcroi Departure Marina Terminal 1 Kota Mole* E-914 S03 12.08/1230 1708/1500 Batam Baru 882 M05 atongsrte 12.08/2300 Valour 1/91 S01 1208/1300 15 08/0800 Batam Ma|u *****1 M04 alongside 1208/2300 Batam Sayang *****1 M04 alongside 12.08/2300 Jurong Port Batammdo
        448 words
      • Article
        IN MALAYSIAN PORTS
        243 45 jooorc ron Berth: 1: ml; 2: Gemki, Dadonghai; 3: nil; 4: Johan 2; 5: ml; 6; Sea Lady. 01 jetty: Fort Windsor, Hua Yun No 4. DCJ: Barge Halim Nina. Due on Aug 12: Isokaze, Gloria, Ribuan Jaya, Spring Drake, i Professor Buzmk, Kota Mesra, Barge Josindor
        243 words
      • Article
        CONTAINER SCHEDULE
        933 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookng/Batanc* Rsfts Ship Voy No Etb/Btr Period From To From ACX Rose 17B 13/2900 1 12/1500 12/1659 12/1900 2 12/1700 13/0659 13/0900 AO Goncharov 46SI91 14/1500 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 Al Muharraq 2A 16/0700 2
        933 words
    • Article
      Lock icon United Airlines re-enters the bidding for Pan Am's assets
      386 46 NYT NEW YORK United Airlines last Thursday once again stepped into an arena jammed with bidders for some prized Pan Am assets. Hoping to spoil the deal that Delta Air Lines has negotiated with Pan American World Airways Inc and to
      NYT  -  386 words
    • Article
      Lock icon Toyota's Lexus division tops J D Power car survey
      303 46 UPI DETROIT Toyota's Lexus luxury car division has become the first Asian brand to top a new car sales and satisfaction index survey by J D Power and Associates, displacing Germany's MercedesBenz, which fell to fifth place. The study results, issued
      UPI  -  303 words
    • Article
      Lock icon Australia's Very Fast Train project derailed
      132 46 Reuter SYDNEY Australia's multi-billion dollar Very Fast Train (VFT) project was derailed last week by a government decision not to give the project special tax treatment. Broken Hill Pty Co Ltd (BHP), leader of the consortium which planned to develop a high-speed rail link
      Reuter  -  132 words
    • Article
      Lock icon New Hampshire keen on German aircraft project
      363 46 UPI CONCORD, New Hampshire Governor Judd Gregg of this American state said toxic waste and other environmental problems should not be permitted to hamper plans by.a German aircraft manufacturer to build a plant at the former Pease air force base. Deutsche Airbus, the
      UPI  -  363 words
    • Article
      Lock icon Inquiry into Greek liner sinking
      123 46 Reuter JOHANNESBURG South Africa has said that a marine court of inquiry with disciplinary powers would investigate the sinking of the Greek liner Oceanos. Many of the 571 people on board the liner, which went down in a force nine gale off the Transkei coast,
      Reuter  -  123 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1 29 5
      1 words
    • Advertisement
      Page 29 Advertisements Column 2
      84 29 HSWS tee METAL CO PTE LTD 13, TU A3 AVE 14. SINGAPORE 22M. TELEX: HS 20f17» SHMCPL TEL: Ml 5959 (S Im| TO. i FAX: Ml tmt UK FtMiangao* unltCBHH* lift zszl ESS vfttrw k 1 •BacMctoMH Ifil 7«nLiflflHlll -ommiaum B«r^ WMIOK malaviu CoMMrtW rMAHjU*. BWUHWIA CMtIM HWUfMNM 'nTiuluVnl Kjßpß*
      84 words
    • Advertisement
      Page 29 Advertisements Column 3
      51 29 A* Forwarder 15 Ar Fraght Schedule 16 Contaner Schedule 17 Couner Services 15 Cruse Ferry Schedules 16 Daly Frwgtte 2 irrie> to Advertisers 1 Port Condrtiom 16 Shppng Agents 15 Shppng Gurie 10,11 Shpsales/Tanker Rates 16 Sf*ps m Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Condrtons
      51 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      241 30 The Straits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics,business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid The Straits Times airmailed to you wherever weekly oversea* edition yOU may be. every week. Making an issue
      241 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2246 31 mm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES %f|Vf# TEL: *****11 FAX: *****09 \llllr BOOKINGS TEL: *****34 *****58 Iffnnil TERMINAUCFS TEL: *****18 -220 I T CQOoI r l PESAKA JARDINE SHIPPING AGENCIES SON. BHO V»V# J PORT KELANG TEL: *****18 FAX *****91/*****88 KW r>. ~7~ PENANG TEL: *****4 FAX: *****1
      2,246 words
    • Advertisement
      Page 31 Advertisements Column 2
      2106 31 TRANSPORT DIARY Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Gaims
      2,106 words
    • Advertisement
      Page 31 Advertisements Column 3
      1617 31 pf*l.».ld L-l!JIIJIJ TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS VMM) Voy ETA I ETO "Port 'Penang J' DESTINATIONS Thrt mk Marlt Maws* 9108 FaaOar by CV 20/8 0800 MRS M Pinto CFS 18/8 2368 MRS OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON TOP
      1,617 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1105 32 irotthmiSH VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LEVERKUSEN EXPRESS 02/331 13/8 30/8 1/9 4/9 5/9 LONOON EXPRESS 03/132 18/8 7/9 4/9 3/9 KITANO 09/332 18/8 4/9 8/9 9/9 10/9 u> ■ntMiimt HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 ftPCNAN6 CARGO HANNOVER EXPRESS 04/333 25/8 1/9 3/9 8/9
      1,105 words
    • Advertisement
      Page 32 Advertisements Column 2
      665 32 SEASPAC SERVICE DIRECT SOUTH PACFIC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2SOOEB 2/9 18/9 21/9 26/9 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA, PAGO PAGO. APIA ft NUKUALOAFA MRECT CHM.E/ SOUTH AMERICAN SERVICE SIN lOQ ANF STO VAP CLX tSLA FLOREANA 2SOOEB 2/9 9/10 10/10 13/10 15/10 10/10
      665 words
    • Advertisement
      Page 32 Advertisements Column 3
      1639 32 T*%wmuußx&. sns REGULAR INDEPENDENT FULL CONTAINER SERVICE A WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT FEL U* j (VM (VIA (VM ALG) HAM) ROT) 4 NOR ASI A PRINCESS 9123-3 11/08 01/09 11/09 13/09 14/09 15/09 16/09 17/09 lt/0£ JAPAN-SEA 124 W 25/08 15/09 17/09 20/09
      1,639 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1957 33 SggSteamers Maritime Holdings Ltdj |prMs^|T^mPPiNG| w^ContMn^ -I-P»I/ M||>M| A* lau M M Hk( u>< I UNDOC MAOtt SIM 11/01 12/00 14/04 29/00 01/09 02/01 04/00 pScn I ssr ss sb..*! Cl—-MY o«. 17/0. wmlnZ] to/oo 12/09 14/09 llfr** is&io& I rr—l u. So, *M STIJUTS HOPE Wtt KK. Skan. T.«
      1,957 words
    • Advertisement
      Page 33 Advertisements Column 2
      2036 33 KOCI/WT 9 OM LM CH F» W NOR WTC tt»l "YC NOR M» l« <*« J? CHOT4NG 'MX 55 17/1 11/1 11/1 22/1 27/1 20/1 20/0 1/M OX OMLAM) *18 M/ 0 M/ 0 M/ 0 V IV? 11/7 11/0 MERKAN KNATOR EFII3 2«/ l U/» 10/1 0/10 0/10 0/10
      2,036 words
    • Advertisement
      Page 33 Advertisements Column 3
      414 33 STRAITS/ JAPAN/ STRAITS SERVICE I MMMHflMilgMtt I ORANGE MOON Vl6 I ETA SPORE 23/8/91 I ETA OSAKA 5/9/91 J I SEKI PINE V 33 ETA STORE 21/8/91 I ETA PK 29/8/91 ETA OSAKA 11/9/91 I ETA NAGOYA 12/9/91 I ETA YOKOHAMA 14/9/91 I IMLintermaritime I SOUTHERN AFRICA SERVICE 1 DIRECT
      414 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      506 34 MMBBllHail CR NBR **********0-D EXPRESS SEMI-CONTAINEJKSNIP SERVICE TO EUROPE war Irroe hmm/uam true kmen mmv Wkjtm C/ 9 J/10 15/11 11/11 22/10 MTMNI/3MB 7/11 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO SvMcct lo Itwtuctmmt Atoo icctpdno ctfQO lo CiiiMinci, MM, Fort Alexandria. Omm, Trtoata. ALSO ACCEPTING BOTH
      506 words
    • Advertisement
      Page 34 Advertisements Column 2
      1018 34 Hlnjw sjSpira I IS'poro LEX RTO ANR HAM BRV FEL 1 FEEDER VSL SM UNE HAUL LGB OAK I HANJM FELIXSTOWE 008* 10/8 28/8 29/8 30/8 30/8 31/8 1/9 HANJM HAMBURG 007E 20/8 ORECT 1/9 12/9 HANJM SEATTLE 019* 12/8 29/8 30/8 31/8 31/8 2/9 3/9 HANJN KUNSAN OC4C 3/9
      1,018 words
    • Advertisement
      Page 34 Advertisements Column 3
      1180 34 MrmM -l' J II I I I ImwwraiuraiiTwiniasmuicNiiiimMMiniiriKnßMm MP 1 f JW 22 5£ 22 SS n J\ Jl/l 1/1 8/1 a/1 wio ii/w ivio a/n i/ii vu ?ail J a/l 52 17/1 "2 J2 ,?2 ,!2 7/1 1/1 2/11 vw o/n is/ii 10/10 n/io 10/10 »/io jo/io «m u/u
      1,180 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1950 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNELINKTEL. *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 C||Aa AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MK NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelang-<O3)
      1,950 words
    • Advertisement
      Page 35 Advertisements Column 2
      1044 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUPO—QCCHOKGW6 WOTBOUC—LOAMC THAHSWTH) WA jOTTBOAM nu WT fIM IMA fiw "WY
      1,044 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1568 36 ICR No: **********0 M) ■W V %TI7I AS AGENTS: KAWASAKI BINQAPORE (PTE) LTD M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 .A. 1. 1 W*J MALAYSIA: M K" LINE MARITIME (MALAYSIA) SDN BHD TEL- PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut
      1,568 words
    • Advertisement
      Page 36 Advertisements Column 2
      1009 36 V*Q PHIII-ORI€NT UN€S PTC LTD 1108 Robinson Road #07-00 GMG BuMlng Singapore 0106 Tai: *****22/*****69/*****00 Tolas: RS ***** PHIU FAX: *****76******6 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCUTION 20 AUG MONTREAL. OTTAWA. TORONTO. 24 AUG DUBAI, DAMMAN, SHARJAH, DOHA
      1,009 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1578 37 PACIFIC INTERNATIONAL LINES (PTE) LTD S.SBttfrM PtL Building, 140 Cecil Street #0340. Singapore 0106. IBANGKOK 1 uitsc, wow M «Mi VESSEL VOY SM BKK SIN VM ,'v. fT. KOTA BINTANQ SIJ4 14/S 18/8 21/8 BUNQA TERATAI 333 18/8 21/8 28/8 KOTA PAHLAWAN 9130 17/8 20/1 24/8 EQUATOR MAS 15N 18/8
      1,578 words
    • Advertisement
      Page 37 Advertisements Column 2
      1167 37 BEN LINE CONTAINERS LTD \T 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS. SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEDEN Arosia' 278 15/8 3WO 1/9 3/9 4/9 Nedtoyd Tokyo -f 276 15/8
      1,167 words
    • Advertisement
      Page 37 Advertisements Column 3
      441 37 MYANMA WBk FIVE STAR UNE (Myanmar National Lina) Loading for Yangon (Rangoon) Sport PKif Pen P.Gdf MEJtGUI VIOBW SM In Pt Sk) TAUNG GYI V422W M Pt HPA-AN VItCW 18/11 Auc 11/20 tof MYOMA TWA VI3CN 15/11 Au t 21/24 Au( 11/20 Am AVA VIIOW 20/25 Kut PATHEIN VU3W 19/21
      441 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      727 40 TO AUSTRALIA/NEW ZEALAND *5 [to jFram 1 1Mb ISyd lAuct INK |p. CHM.M MARTHA ■2n 14/1 20/8 2S/8 H7» 3/9 j/9 aire hum n% m/s 1/5 Tn~ 11/9 u/s 1575 ■RUSSEI 277 18/9 17/9 22/9 M/ 5 1/10 3/10 4/10 C wns 271 2V9 2/10 7/18 12/10 11/10 20/10 TO
      727 words
    • Advertisement
      Page 40 Advertisements Column 2
      769 40 OUTBOUND VOY PHI PEN KT SM »t HKG KAO Kg TTO Ml NGO KO6 ifvESSfL VOY |«N |PKL PEN BLW jjj AM BABY 178 10.1 11 13» 11.1 22.S 27.1 2H 211 ICE 8610 IIA 14 15.8 H I IU C CARIW W *16.8 15.8 20 1 24 8 26
      769 words
    • Advertisement
      Page 40 Advertisements Column 3
      186 40 f PE RUSAH A AN PELAVAfeSHi i\M KALIMANTAN i DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA 42 Voy 13/91 15/16 Au| Jakarta/Pitembant I NIAGA XXI Voy 18/91 19/20 Aug Jakarta/Palembanf l I NIAGA XXI Voy 19/91 22/23 Au| Jakarta/Palembani NIAGA 42 Voy 14/91 26/27 Au( Jakarta/Palembanf
      186 words
    • Advertisement
      Page 40 Advertisements Column 4
      1561 40 fsi fawn* 3 CHINA OCEAN SHIPPING COMPANY I w FULL CONTAINER LINER SERVICE I malatsia s agents SINGAPORE'S GENERAL AGENTS wwkja-S Rem: I CHUNG CHIAO SffIPPING SON BHD COSTAR SHIPPING PTE LTD P W** I MT-VWftiar /l COSMr STefwiSw' I GUAN GUAN SHPPWG SDN BHD cx NO: **********0 M ?!£ol
      1,561 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      580 41 GUARANTEED CONSOL TO:- KEELUN6/KAOHSIJNG 2519? HONG KONG n.g.91 BUSAN 18.8.91 BANGKOK 18.8.91 £I*o* 18.8.91 TOKYO/KOBE/YOKOHAMA 18.8.91 USA 18.8.91 AUCKLAND 23.8.91 FREMANTLE 16.8.91 SYDNEY/MELBOURNE 15.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0159 (8 LINES) FAX: *****92 PLCABB CONTACT CAME TAN, KATHLYN TAY, SOPHIA BAY ON KAHBN SHU FAST DRECT REGULAR
      580 words
    • Advertisement
      Page 41 Advertisements Column 2
      476 41 @^^hchTSJHE!RE^^ TEL: *****33 (12 Llnoo) m FAX: *****15/*****03 P3 TELEX: RS ***** RISHIP (3 Lliws) \\W\ ETHIOPIAN 3HIPPMG LUES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANOINET 24W8 MAM OARESSALAAM. MOM6ASA, DJIBOUTI ASSAB. MASSAWA ABYOT 25W8 20/09 OARESSALAAM. MOMBASA. OJISOUTI ASSAB MABSAWA
      476 words
    • Advertisement
      Page 41 Advertisements Column 3
      857 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta eta eta sran ran HUM penanc BIU Jttt 22/1 Loading tor Maie RUVM HUDHU 21/8 Loading for Calcutta DOU1« 19/8 Loading For Mate rOC* SUPREME 12/1 Loading For Mate DONMULM 1/8 Loaded For Fatonru HTOGKSJ UKRTT 20/8 IS/8 14/8 Loading lor
      857 words
    • Advertisement
      Page 41 Advertisements Column 4
      455 41 JAKARTA\mm [rnlwl «t DMA I 81 14/8 17/8 BMW# MB 1» MP» M gg NANA MM 1043 17/1 20/1 CHMTA BOM#* II BM Hg 11 f* DASAB 82 21/| 24/8 MWTA MIB MN BM 14/1 tot 17/8 NANA MM 105S 24/1 27/1 lwal# 52__ I>/l _Js* SSTi S3 M MM
      455 words
    • Advertisement
      Page 41 Advertisements Column 5
      353 41 @«dsu munE VBL VOY SMOAPOfC MADRAS MNOAPORE VESSEL VOY uH MM SM TIGER BAY 189N SM 18-20/08 20-27/08 EAGLE CAK 010 14-15/08 23-24/08 30-31/00 TIGER STAR 170N 22-23/00 20-31/04 00-87/88 V9L VOY B»«MEORK/CALjCUTTA/I>BaAPORE VESSEL VOY SM CAL SM TIGER RIVER 134CN8 04-14/08 18-24/08 38-31/80 EAGLE BREEZE 076 17-IS/OB 24-28/BB 03-04/0$
      353 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1290 42 r m MAC-NELS S'PORE MPORT:'22I6OO2 I PENANG: (04)*****6 J. BAHRU: (07) *****2 KIC (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 PORTS COLOMBOS. AFRICA PEN PK SIN P£N PK SJN Colombo 13/8 14/8 15/8 10/8 11/8 12/8 Ldn/Fh/Rdm/Ant Durb*n/Pt Louis 9/8 10/8
      1,290 words
    • Advertisement
      Page 42 Advertisements Column 2
      317 42 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPI ML LVT SIN MULBUA 22S 11/ I 21/S VU NPL 23/1 9/9 MAHSURI 0502 27/S 1/9 MA NPI 10/9 27/9 PTOSKCT 14S t/9 20/9 VIA NTI 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING
      317 words
    • Advertisement
      Page 42 Advertisements Column 3
      1214 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER 5555 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |WT IETA IIEST VESSEL VOT SPOtE P. HEUujT KIM
      1,214 words
Page thumbnail Page 43
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      6 44 Read Chartpoint in BT every Saturday
      6 words
    • Advertisement
      Page 44 Advertisements Column 2
      138 44 U* jSk LIVING IT >a EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      138 words
Page thumbnail Page 45
  • Page 45 Advertisements
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      289 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUt 0000 0100 0200 0300 MOO 0500 0(00 0700 0100 QM*************************1(00 *****1N19N 20M 2100 22M 23N JR 3.1 3.3 3.1 11 19 12 0.7 0.5 0.4 04 0.8 1.6 2.3 2.6 2.7 2.5 2.0 1.3 0.8 0.5 05 06 10 LI PP
      289 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      791 46 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST Fgpp voT hi put Is* mwa voy uh oak st* imhw wt tcm/« ptl NAN HAJ 202 024 12/01 13/01 15/01 H. CHALLENGE* «4l W/0J 14/OJ 17/05 MY WD6E 5*
      791 words
    • Advertisement
      Page 46 Advertisements Column 2
      152 46 PASJR GUDANG/SINGAPORE TWICE WEEKLY SAILINGS (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 27/8 029$ 30/8 31/8 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02)534-0042 BVi A m W M VMM r» i DAMAR SEGARA AGUNG LINES
      152 words
    • Advertisement
      Page 46 Advertisements Column 3
      535 46 CHARTPOINT Every Saturday in Business Times UCO LIKE export shipping services from GERMANY to SINGAPORE JAKARTA every week SIN JKT HBG phone: *****11 *****66 040 *****01 fax: *****59 *****14 040-*****4 |Fm*> tnm [h» |m llMnr hM fli I LAI |0M |HOU IMi |CM/ MM lm INTC OUR USA n*/o ca
      535 words