The Business Times, 14 August 1991

Microfilm: NL17607
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, August 14, 1991 75*
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  • NEWS SUMMARY
    • Article
      US retail sales volume in July up 0.5pc
      58 1 WASHINGTON US retail sales rose 0.5 per cent in July, the government said yesterday in a report showing that consumers continued pushing the economy forward although slowly as the third quarter began. The Commerce Department said sales totalled a sea-sonally-adjusted U*****.7 billion
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    • Article
      USSR risking a power vacuum: Soviet PM
      41 1 MOSCOW Prime Minister Valentin Pavlov said yesterday that the Soviet Union risked being sucked into a power vacuum unless the Kremlin retained some control over the economy after a new Union Treaty is signed.
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    • Article
      BP HQ to coordinate
      36 1 BP's Asia-Pacific headquarters in Singapore will pull together the strengths of the oil giant's offices and ensure that the region's business opportunities are presented strongly to the board in London Page 2
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    • Article
      New evaluation plan
      24 1 THE Singapore National Employers Federation and management consultant Wyatt Company have launched a new job evaluation system for executives Page 2
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    • Article
      Doubts over inflation
      21 1 THERE is doubt that low inflation in Australia can be sustained once the economy picks up Page 8
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    • Article
      EC investment weaker
      25 1 A SHARP CUT in investment by British industry is expected to dampen industrial investment in the European Community this year Page 9
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    • Article
      Privatisation watchdog
      25 1 SOVIET President Mikhail Gorbachev has ordered the creation of a special agency to oversee the large-scale privatisation of Soviet state enterprises Page 9
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    • Article
      A look into tribunal
      23 1 THE 76-page finding of the Copyright Tribunal has revealed interesting details of the workings of the tribunal Page 12
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    • Article
      Unconsummated lust
      28 1 THE JAPANESE have not lost their passion for Western art. but they have not returned in droves to the art market, say Tokyo dealers Page 15
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    • Article
      Top spot for S'pore
      36 1 THE PORT of Singapore is expected to retain its number one container port position as it is likely to handle at least six million 20-foot boxes this year. Shipping Times Page i
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  • MARKETS SUMMARY
    • Article
      Dow higher
      42 1 WALL STREET stocks rose in early trading yesterday after the government reported that US retail sales grew in July more than expected. The Dow Jones average of 30 industrial stocks was up 5.14 to 3,006.48 after one hour of trading.
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    • Article
      Footsie higher
      29 1 SHARES in London were modestly higher at midday yesterday. At about 1115 GMT, the FTSE 100-Share Index was up 9.9 points, or 0.4 per cent, at 2,579.3.
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    • Article
      Ex-BBMB man charged
      41 1 THE FORMER chief executive of Malaysia's state-owned BBMB Securities Sdn Bhd was charged yesterday in Kuala Lumpur with illegal trading in connection with a share scandal that led to losses of about MS72 million (5544.6 million) Page 3
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    • Article
      Big deal coming up
      35 1 THE Salim Group and the Association of Young Indonesian Businessmen have signed a deal to set up five investment projects with combined commitments of about US$5O million (SsB6 million) Page 4
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    • Article
      Bank merger lauded
      34 1 BANKAMERICA Corp chairman Richard Rosenberg has hailed the proposed merger with Security Pacific Corp as a historic transaction in spite of the job cuts that are likely to follow Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 690.21 -4.92 Kuala Lumpur ....559.57 +1.47 Tokyo 22,872.00 -113.67 Hongkong 4,052.70 -17.44 Sydney 1553.9 -11.8 Monday Change New York 3.001.34 +5.14 London 2,569.42 -1.2
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7200 100 Yen SS 1.2610 MS SS 0.6195 Money market rates Overnight 5-1/8 -1/8 3-month 5-1/4% -1/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS357.25 -USS0.50 Rubber S'pore Sep.... 140.50*/kg +0.50 Vl'sia Sep 226.50*/kg unch KL Tin Turnover 56 tonnes +7 Spot MS 15.40 /kg -0.01 Crude palm oil Turnover 1,758 lots -921 Aug MS869/tonne -16
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  • Article
    Thai hotel room glut likely to stay till '95
    627 1  -  Recession in industry predicted from '92 to '94 From Michelle Rowe in BANGKOK A DRASTIC oversupply of hotel rooms is expected to keep Thailand's hotel industry on its knees until at least mid-1995. More than 60 new hotels have been approved
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  • Article, Illustration
    Wah-Chang to proceed with hotel projects in Thailand
    233 1  -  By Chuang Peck Ming THE Singapore-based WahChang group will continue to build hotels in Thailand despite the glut there. Wah-Chang's president, Ho Kwon Ping, said the group is unlikely to be hit because the oversupply of hotel rooms is concentrated mainly in
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  • Article
    5 S'pore firms invest in Vietnam
    508 1  -  15.5 m put into six projects, say Viet officials From Harish Mehta in HO CHI MINH CITY FIVE Singapore companies have invested a total of US$9 million (5515.5 million) in six projects in Vietnam, according to Vietnamese officials in charge of foreign economic relations.
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  • Article
    Budget backlash hits NZ ruling party
    128 1 NEW ZEALAND'S ruling National Party has suffered a drop in its popularity following last month's "mother of all budgets", which called for a massive cutback in welfare spending. A Television New Zea-land-Heylen poll has reported a post-budget drop in support for the party to
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  • Article
    Lock icon Cool down ethnic feelings: Gen Try
    129 1 Reuter JAKARTA Indonesia's powerful Armed Forces chief has appealed to businessmen in the run-up to next year's elections to cool down a heated debate over the role of the prosperous minority Chinese community. "Discussion on issues concerning indigenous and nonindigenous (ethnic Chinese) citizens by
    Reuter  -  129 words
  • Article
    Liberal rules good news for HDB dwellers
    469 1  -  Feedback to PM's National Day rally message By Elaine Koh, Colin Tan MORE liberal rules for HDB owners to buy a second private home should be good news for HDB dwellers and the residential market in the long run, although the medi-um-term effect
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  • Article
    Lock icon Latest figures boost hopes of British recovery
    155 1 AFP LONDON British government hopes that a recovery may finally be underway were boosted yesterday by official figures showing an unexpectedly large jump in industrial output. Industrial output rose 3 per cent in June from May after falling by a revised 0.4 per
    AFP  -  155 words
  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Indoor stadium to computerise ticketing
        112 2 THE Singapore Indoor Stadium (SIS) has bought a computerised ticketing system to speed up the purchase of tickets at various major entertainment and cultural performing arts centres. SIS, which is managing the $1.2 million system, said that tickets for various programmes can now be bought
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      • Article
        Engineers to meet here
        83 2 THE Society of Manufacturing Engineers (SME) will hold its third annual international district meeting in Singapore from Aug 27-28. About 300 SME members from 10 countries are expected to attend the event. Leading the meeting will be SME's president, James Barcus Jr, a retired vice-president of
        83 words
      • Article
        Training centre for YHS
        82 2 MAH BOW TAN, the Acting Minister for Communications, and Minister of State for Trade and Industry will open food and beverage manufacturer Yeo Hiap Seng's FAST FORWARD Training Centre tomorrow. The company has shifted from labour-intensive manufacturing to automation and retrained its workers to meet changing
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      • Article
        PA's youth block ready
        138 2 THE People's Association (PA) Youth Block will be officially opened by Lee Yock Suan, Minister for Labour and Deputy Chairman of the PA, on Saturday, Aug 17. Since its establishment on July 1, 1960, the PA has occupied the main building and a side block of
        138 words
    • Article
      BP's headquarters here will reinforce presence in region
      258 2 OIL MAJOR BP's Asia-Pa-cific headquarters in Singapore will not be starting new business initiatives. Neither will it re-write regional strategies. Instead, it will pull together the strengths of BP's offices and ensure that the region's business opportunities are presented strongly to the
      258 words
    • Article
      Murdani informed of bribes in '77, court told
      374 2  -  Pertamina hearing By Chew Eng Han THE Indonesian minister for defence, General (retired) Murdani was told in 1977 of the bribes received by a top Pertamina official. General Murdani was then the top military man in Indonesia, and was also heading a
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    • Article
      SNEF launches new job evaluation system
      269 2  -  By Kooi Cho Teng A NEW JOB evaluation system for executives has been launched by the Singapore National Employers Federation (SNEF) and management consultants Wyatt Company (SEA). Referring to the system, Stephen Lee, SNEF president, said: "An organisation's wage (can now) be put on
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    • Article, Illustration
      Cartoonist dishes out home-grown humour
      236 2 "WE BELIEVE in making Singapore an enjoyable place for all of us. At the right occasion, I think we should all have a good laugh, even to the extent of laughing at ourselves." With literary licence, Singapore artist George Nonis has stolen two lines from
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      421 2 Corrections Clarifications In yesterday's Business Times Advertising Special, the word "Comcentre" was misspelt as "Concentre". We apologise for the error. Hie 3rd International Petrochemical Conference >-< Petrochem '91 Third in the series, Petrochem '91 continues in the successful tradition of the conferences in 1989 and 1990. It is worth noting
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      Page 2 Advertisements Column 2
      13 2 someone^ nuprcftK Vwvi 9COJ about Sngapore. W Straits P Subscribe now. Call 740-1840/1.
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    • Advertisement
      Page 2 Advertisements Column 3
      301 2 HOTEL MERIDIEN Now, a meeting package in Phuket that even your accountant would approve of. Imagine holding your next meeting against the -J backdrop of the Andaman Sea. Imagine taking time out J from all the business talk to dive into our stunning pool. if Imagine a gentle round of
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  • COMPANY NEWS 1
    • Article
      Former head of BBMB Sec charged with illegal trading
      610 3  -  Malaysian share scandal From Leslie Lopez in KUALA LUMPUR THE former chief executive of Malaysia's state-owned BBMB Securities Sdn Bhd was charged yesterday with illegal trading in connection with a share scandal that led to losses of about Ms 72 million
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    • Article
      United Pulp & Paper posts better results
      203 3 United Pulp Paper posts better results RECENTLY restructured United Pulp Paper has returned with improved figures for the half-year ending June 30, 1991. It reported a group turnover of $16.15 million, a 32 per cent increase from last year's corresponding period of $12.26 million. Operating profit after tax rose 37
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    • Article
      DBS Asset Mgt is clear leader
      156 3 DBS CHARITY INiIESiMENHiR^iEI SEVENTEEN WEEKS into the DBS Charity Investment Race, DBS Asset Management continued to lead the nine teams. Already showing a commanding lead, the DBS team further improved its accumulated profits by 520,822, or more than 22 per cent, in the period
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    • Article
      We'll probably see many more asset and share swaps
      735 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih ON HINDSIGHT, the alliance proposed by Fraser Neave and governmentowned Pidemco Land is hardly surprising. In fact, given the developed state of Singapore, asset and share swaps among property companies are likely
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    • Article, Illustration
      UPP ahead in BT investment race
      259 3  -  By Sylvia Wong UNITED PULP and Paper (UPP) turned out to be the winning stock in BT's third investment race. The top 10 gainers had banked on the stock's performance during the race from June 14 to July 19. Poh Gea Yang, a 23-year-old
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    • Article
      Semi-Tech may face countersuit from Canadians
      266 3 HONGKONG A legal battle involving International Semi-Tech Microelectronics is escalating, with a Canadian company announcing plans for a countersuit for "more than Csloo million", reports the South China Morning Post. The dispute is over the aborted purchase last year of a Canadian retail chain.
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    • COMPANY BRIEFS
      • Article
        Kamunting, M Plant call off amalgamation
        94 3 THE PROPOSED amalgamation of Kamunting Corp Bhd (KCB) and Malaysian Plantations Bhd (M Plant) has been mutually rescinded, Bumiputra Merchant Bankers announced on their behalf yesterday. The announcement said that both KCB and M Plant were of the opinion that the proposed scheme will
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      • Article
        Scientex shareholders say aye
        92 3 SHAREHOLDERS of Scientex Industries at a extraordinary general meeting yesterday approved the company's proposed property investment joint venture between its 68.25 per cent owned subsidiary Scientex Development (SD) and Prospell Enterprise Sdn Bhd. The shareholders also approved the proposed acquisition by SD of 1,700 hectares of
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      • Article
        Director buys G K Goh shares
        69 3 G K GOH HOLDINGS Ltd has informed the Stock Exchange of Singapore that it has received notification from William Waller, a director of G K Goh Securities (HK) Ltd, a wholly-owned subsidiary, that he has purchased 20,000 shares of G K Goh Holdings. The
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    • Article
      Palmco to sell all of Palmchem stake
      213 3 PALMCO HOLDINGS Bhd is selling for cash its entire equity in Palmchem (Malaysia) Sdn Bhd to Acidchem Malaysia Bhd, a 74.9 per cent subsidiary of Palmco. The 11 million ordinary shares of Msl (550.62) each are valued at M 529.58 million. Palmco says
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    • COMPANY BRIEFS
      • Article
        Group may shelve Thai optical fibre project
        71 4 BANGKOK The US-based AT&T Network System Co, the C P Group and the Shinawatra Computer Group may abandon a 1,000 million baht (5566.9 million) plan to produce optical fibres in Thailand. Under the plan, the three companies would jointly invest in an optical
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      • Article
        Commodore to invest in Manila
        102 4 MANILA The US computer maker, Commodore, plans to invest at least 250 million pesos (S$ 15.6 million) to set up a plant in the Philippines to assemble computers, the trade department said here yesterday. The plant will be set up in an export processing zone
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      • Article
        More stored ethylene for Japan
        86 4 TOKYO Maruzen Petrochemical Co Ltd, Idemitsu Petrochemical Co Ltd and Mitsubishi Petrochemical Co Ltd are all increasing ethylene storage capacity to meet domestic demand, company officials said. Maruzen will boost storage capacity by 4,000 tonnes at its Chiba complex, near Tokyo, in October, from current
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      • Article
        Hitachi in deal with China firm
        74 4 TOKYO Hitachi Ltd has signed a contract to provide technological assistance to a Chinese government-owned heavy electrical equipment and generator maker, a spokesman for Hitachi said. Hitachi and Dong Fang Electric Power Corp will jointly design and manufacture four thermal-power generators for a thermal-power
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      • Article
        Franco Pacific unit in Thailand
        75 4 BANGKOK Franco Pacific, an international consulting company, recently set up a new communications company, F P Connection, in Thailand. Franco Pacific chairman Phillippe Staib appointed Veronique Rousseau general managing director of the new company. Ms Rousseau would handle all media relations, marketing and corporate communications
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      • Article
        Honda raising output in Thailand
        81 4 M. TOKYO Honda Motor Co said it will increase its annual production of passenger cars in Thailand from 14,000 to 18,000 beginning next spring. Honda Cars Thailand Co will build 4,000 vehicles a year at a plant acquired in November, a company spokesman said. Honda
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    • Article, Illustration
      Astra-Graphia moving into electronics, telecoms
      573 4  -  From William Chia in JAKARTA PT ASTRA-GRAPHIA, a leading supplier of office equipment and computers to the fast growing Indonesian business sector, is moving aggressively into electronics manufacturing and telecommunications. Although the company currently derives almost all its revenue from the sales of copiers and
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    • Article
      Lock icon Japanese may bid for Soviet tender
      186 4 Reuter TOKYO At least six Japanese Arms are showing an interest in bidding for a tender to develop oil and gas deposits off north-eastern Sakhalin island in the Soviet Union, company officials said. The project is worth about US$lO billion (Ssl7 billion) and tender
      Reuter  -  186 words
    • Article
      Dusit Thani in franchise deal with US hotel chain
      327 4 Thai group set to use Best Western name in region BANGKOK Thailand's Dusit Thani Group has signed an agreement with US-based Best Western International to set up an affiliate in the country, reported The Nation on Monday. The agreement paves the
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    • Article
      Lock icon Taiwan food giant to invest nearly US$9m in China
      255 4 AFP TAIPEI Taiwan's Investment Commission yesterday approved three investment projects totalling US$B.63 million (5514.8 million) by the island's food giant President Group to open factories in China, company officials said. The projects were believed to be the largest Taiwan investment in
      AFP  -  255 words
    • Article, Illustration
      Salim Group, Hipmi sign US$50m accord
      284 4 JAKARTA The Salim Group and the Association of Young Indonesian Businessmen (Hipmi) have reached agreement to jointly establish five investment projects with combined commitments of about USSSO million (SsB6 million), the Jakarta Post reported on Monday. Mr Anthony Salim, Salim Group's president, said that
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    • Article
      Lock icon News Corp queried about share price surge
      227 4 Reuter SYDNEY The Australian Stock Exchange (ASX) has asked Rupert Murdoch's News Corp Ltd to explain a sharp rise in its share price over the last week but the company has replied that it knows q£ no reason for the sharp rise -m
      Reuter  -  227 words
    • Article
      Lock icon Peat Marwick to pay £40m to settle suit
      352 6 FT LONDON KPMG Peat Marwick, the UK's second largest accountancy firm, has agreed to pay £40 million (about S$ 118 million) to Ferranti International to settle damages litigation brought by the electronics company in the wake of its disastrous acquisition of International
      FT  -  352 words
    • Article
      Lock icon Siemens-led group to build, run power plant in Portugal
      240 6 Reuter LISBON An international consortium led by German electronics group Siemens AG has been chosen to build and run Portugal's first privately operated electricity plant. Siemens holds 10 per cent in the consortium, which includes the British company Power Gen with
      Reuter  -  240 words
    • Article, Illustration
      Lock icon Learning more about Windows
      49 6 SEATTLE Microsoft Program Support Specialist David Long (centre) talking with some who attended Microsoft's international software developers conference here on Monday. The two-day conference introduced the latest on the fast-selling Windows operating system. Windows 3.1 will be launched later this year. Reuter picture Reuter picture
      Reuter picture  -  49 words
    • COMPANY BRIEFS
      • Article
        Yves Saint-Laurent sees 4.3pc drop in sales
        87 6 PARIS Luxury goods company Yves Saint-Laurent declared on Monday first-half sales of 1.3 billion francs (about SS3BO million), showing a 4.3 per cent fall compared with the same period of 1990. The perfumes division, which accounts for the bulk of the company's business,
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      • Article
        Maxwell buys into Israel group
        52 6 LONDON International publisher Robert Maxwell has reached a private agreement with the publisher and other shareholders of Israel's Maariv-Modiin Group to acquire the majority of the shares in Maariv. Mr Maxwell will be chairman and publisher and will hold more than 70 per cent of
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      • Article
        Manpower Inc reports loss
        45 6 MILWAUKEE, Wisconsin Manpower Inc, which reported a 1991 second quarter loss, said results continued to reflect the impact of recessions in the US, UK and France. Manpower, which provides temporary personnel worldwide, reported a 1991 second quarter loss of US$9.6 million.
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      • Article
        Smith Corona hurt by dumping
        46 6 NEW CANAAN, Connecticut Smith Corona Corp said the US International Trade Commission unanimously concluded the company suffered material injury from dumping by Japanese companies. Smith Corona said the agency found material injury to it from dumped imports of personal word processors.
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      • Article
        Brewer to treat water supply
        68 6 ALBANY, New York US Environmental Conservation Commissioner Thomas Jorling said Miller Brewing Co, a unit of Philip Morris Cos Inc, signed a consent order for treating a major portion of the City of Fulton's water supply. The order, which calls for the treatment system to
        68 words
    • Article
      Lock icon Kodak to cut workforce for third time in five years
      280 6 NYT NEW YORK Eastman Kodak Co on Monday announced its third workforce reduction in the last five years, citing plans to focus more closely on its core photography business. Kodak said that it would eliminate 3,000 employees from its domestic
      NYT  -  280 words
    • Article
      Lock icon Pearson profits more than halved
      390 6 Publishing group blames drop in consumer spending UPI LONDON The decline in consumer spending has slashed pre-tax profits by more than half at Pearson, the publishing, china and entertainment group, for the first half of this year. Pearson reported its pretax profits were down 58
      UPI  -  390 words
    • Article
      Lock icon Police probe Procter and Gamble news leaks
      178 6 AP CINCINNATI Police are investigating news leaks about the Procter and Gamble Co's operations to The Wall Street Journal. The Hamilton County prosecutor's office confirmed on Monday that telephone records were subpoenaed as part of the investigation. Assistant Prosecutor Terry Gaines declined to
      AP  -  178 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      320 3 "It's great to be slim!" rite "Imagine from 93kg to 65kg in two months. My friends are so impressed by my will-power. Little do they know that with the Expressions slimfit programme, losing weight is so simple and mr^fl> painless. "I first heard of Expressions Slimfit Studio rorn a relative
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      230 4 Singapore automotive engineering. We engineer solutions beyond technology. At sae, providing clients with automotive engineering solutions means more THAN JUST OFFERING OUR TECHNOLOGICAL CAPABILITIES. IT MEANS BEING INNOVATIVE IN ALL THE SERVICES WE OFFER. THESE INCLUDE AN AUTO CENTRE FULLY EQUIPPED TO REPAIR, SERVICE, REFURBISH, RESPRAY AND REBUILD ALL MAKES
      230 words
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      Page 4 Advertisements Column 2
      66 4 upr Oscars Oscars presents the best salad bar in town. M varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very- satisfying prices. Come down for a quick bite or a lazv meal. Brasserie Bar 30 Robinson Road, 81-00
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      51 5 The same lavish service your Delaneau would receive in Switzerland ls now in Singapore a Roy Eastern. HNL Mst}r /v jt- \ii~-\i M*z-y\S y L/M NT al L&k Lidfe\ i Fxi 111 \lf Vs\ §!fk. JM M M v\ l ,v- m 11 Jm; A .ft T .v,. T«ML fW?
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      579 6 I mis MARKETING INSTITUTE OF SINGAPORE 24 Sept '91 9 Apollo Hotel $350 MIS member/$390 non-member This one day seminar provides a rare opportunity to listen to two experts address what must surely be the most important area of marketing of the moment Marketing Planning. Seminar Content Why the marketing
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      Page 6 Advertisements Column 2
      105 6 The Adelphi No. 1 Coleman Street I An address of large companies, occupation. Office units ranging from 1,400 sq ft to 27,500 sq ft at attractive rentals. Ideal for medium and large companies as headquarters, regional centres or branch offices. Central location, with easy and convenient access to taxis and
      105 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon A historic deal, says Bank America chief
      436 7 BankAmerica-Security Pacific merger Reuter LOS ANGELES BankAmerica Corp's chairman and chief executive termed the planned merger with Security Pacific Corp a historic transaction which both companies are determined will work despite the job cuts that are likely to follow. "We have a historic
      Reuter  -  436 words
    • Article
      Too early to comment S'pore offices
      411 7  -  But sources say staff fear they may lose their jobs By Magdalene Ng SINGAPORE Staff at the Singapore branches of Bank America and Security Pacific Corporation are still trying to digest the implications of what has been billed as the largest banking merger in
      411 words
    • Article
      Lock icon Manager arrested in new Japanese bank fraud
      235 7 AFP TOKYO Another loan I scandal sent shock waves to < the Japanese financial and 1 monetary authorities on i Tuesday, forcing them to i take immediate measures to rescue a credit bank and pre- < vent panic spreading among its depositors. Prosecutors
      AFP  -  235 words
    • Article
      Lock icon Fuji Bank chief says bogus records suspected in 1989
      453 7 UPI TOKYO The president of Fuji Bank has admitted that the issuance of fake certificates of deposit by a former staff leading to a massive loan scam was suspected in February 1989, but was not reported to the main office. The
      UPI  -  453 words
    • Article
      Lock icon Bush said to have picked new FDIC head
      402 7 NYT WASHINGTON President Bush has decided to nominate William Taylor as the next chairman of the Federal Deposit Insurance Corp (FDIC) to succeed William Seidman, administration officials said on Monday. The appointment of Mr Taylor, a career official who is now the
      NYT  -  402 words
    • SMALL CHANGE
      • Article
        Milken in challenge to law firm
        126 7 WASHINGTON Michael Milken on Monday asked a federal judge to disqualify a leading Wall Street law firm, Cravath, Swaine Moore, from representing savings-and-loan regulators in their sweeping civil lawsuits against him because the firm had worked for Drexel Burnham Lambert and many companies that
        126 words
      • Article
        Nikko responds to SEC
        81 7 WASHINGTON Nikko Securities Co International Inc, the US unit of the Japanese securities company Nikko Securities, said it had sent a response to a letter by the Securities and Exchange Commission seeking information on its operations. Nomura Securities International Inc, the US unit of the giant
        81 words
      • Article
        DTB acts to boost volume
        68 7 FRANKFURT Germany's futures and options exchange Deutsche Terminboerse (DTB) said yesterday that it was temporarily dropping transaction costs on trades with futures on German government bonds (Bunds) to attract more volume to the bourse. The DTB said in a statement that the current 1.50 mark
        68 words
      • Article
        Bank seeks S African licence
        71 7 TAIPEI State-owned Bank of Taiwan (BOT) is applying to set up a subsidiary in South Africa, becoming the first Taiwanese bank to operate there. A senior bank official said yesterday that the bank had received preliminary approval from the South African government but needed further
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    • Article
      Lock icon Salomon's customers unswayed by rule violations
      252 7 Reuter NEW YORK Customers of Salomon Brothers Inc do not show signs of backing away from the giant Wall Street firm, even after it confessed on Friday to breaking Treasury auction rules on three occasions. Salomon's appeal is prices, market information, liquidity in a
      Reuter  -  252 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        Jakarta urges Moscow to improve trade system
        83 8 JAKARTA A senior Indonesian official has urged the Soviet Union to improve several aspects of its foreign trade system. Opening a two-day seminar on trade with the Soviet Union, Junior Trade Minister Sudrajat Jiwandono said Moscow must improve its system if bilateral trade
        83 words
      • Article
        Slower growth for Thai industry
        96 8 BANGKOK Thailand's industrial output growth slowed to a preliminary 12.0 per cent year-on-year in June against a revised 12.8 per cent for the previous month and 15.5 per cent a year ago, the Bank of Thailand said yesterday. The bank earlier put the May growth
        96 words
      • Article
        Thai trade teams to hit the road
        80 8 BANGKOK Thailand will send three trade delegations to the United States, Eastern Europe and Australia to promote trade and to boost exports of Thai products. Commerce Minister Amaret Silaon will lead the first delegation to the US on Sep 3 and 4 to
        80 words
      • Article
        Philippine farms show growth
        82 8 MANILA Philippine agriculture grew by 4.15 per cent in the first half of this year, and is expected to grow by about 3 per cent for the whole year in spite of the eruption of Mount Pinatubo, government officials said yesterday. The result was a sharp
        82 words
      • Article
        No clear evidence of recovery
        84 8 BONN German Economics Minister Juergen Moellemann his said new industry production figures for former East Germany provide no clear evidence whether the region's shattered economy is starting to recover. "An assessment is particularly difficult due to significant monthly fluctuations and because seasonally adjusted data are
        84 words
      • Article
        Mexican oil output up 4.5pc
        72 8 MEXICO CITY Mexico's oil production increased by 4.5 per cent in the first six months of this year over the same period last year. The state-owned Pemex oil company said on Monday that Mexico produced a daily average of 1.6 million barrels of oil and
        72 words
      • Article
        Drop in Japanese travelling
        99 8 TOKYO Sales of overseas tours by 35 major Japanese, travel agencies in June fell 9.3 per cent from a year earlier and the number of overseas Japanese travellers was also down 3.3 per cent, the Transport Ministry said yesterday. Their sales in June totalled 167.5 billion
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    • Article
      Lock icon Indonesian industrial estates woo Japanese
      299 8 AFP JAKARTA A huge industrial estate will open near here next week hoping to woo Japanese industries seeking to relocate their plants in South-east Asia, officials announced yesterday. The new estate, loeated about 35 km from Jakarta, was built at a cost of 190 billion
      AFP  -  299 words
    • Article
      Lock icon Laotian Constitution set to be approved
      183 8 Reuter VIENTIANE Parliamentarians gathered in the Laotian capital yesterday to approve the impoverished nation's first Constitution since communists took power nearly 16 years ago. A three-day meeting of the People's Supreme Assembly is also expected to announce a substantial shake-up of one of the
      Reuter  -  183 words
    • Article
      Lock icon Bid to open Thai car market runs into snags
      199 8 AFP BANGKOK Red tape and confusion over new import and tariff duties have hindered Thailand's bid to open its automotive market for foreign competition against locally assembled vehicles, a customs official said yesterday. Last month, only seven cars were cleared under
      AFP  -  199 words
    • Article
      Lock icon Iran's gold and forex reserves reach US$16b
      514 8 Reuter NICOSIA Iran said on Monday its gold and foreign cxchangc reserves had risen by 63 per cent to US$l6 billion (5527.5 billion) in the year ending March 20. Central bank governor Mohammad Hosscin Adcli, quoted by the official Iranian news agency Irna,
      Reuter  -  514 words
    • Article
      Caution over Aussie inflation
      505 8  -  Doubts about whether low rate can be sustained From Florence Chong in SYDNEY INFLATION in Australia has plunged to a 21-year low with two successive quarters of negative Consumer Price Index figures, but there is doubt that low inflation can be sustained once the economy picks
      505 words
    • Article, Illustration
      Lock icon Hawke squashes rumours of an early general election
      187 8 Reuter MELBOURNE Australian Prime Minister Bob Hawkc dampened media speculation that he would soon be calling a general election, which must be held by end-March 1993 at the latest. Asked by reporters on the accuracy of the speculation that he would be
      Reuter  -  187 words
    • Article
      Lock icon Ratify new US base treaty, urge Philippine businessmen
      378 8 AFP MANILA The Philippines' top business organisation yesterday called for the ratification of a new military base treaty with the US, warning of economic losses and defence gaps if the accord was rejected. The Philippine Chamber of Commerce and Industry (PCCI) said
      AFP  -  378 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      118 8 Your Private Jet Anytime Anywhere Cf/OBS^S FAR EAST PTE LTD For your next business trip, Aeroleasing is at your exclusive service with a fleet of luxurious private jets (including our new Falcon 20/731). All flown by experienced Swiss trained pilots. All you have to do is tell us where and
      118 words
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      Page 8 Advertisements Column 2
      205 8 This sdvtftissfmnt appears m a matter of rscord only. fl I Straits Steamship Land Limited I I (Incorporated in the Republic of Singapore) I I I ISSUE OF 5590,000,000 PRINCIPAL AMOUNT OF 1.25 PER CENT I UNSECURED BONDS DUE 1996 AND U5560,000,000 I PRINCIPAL AMOUNT OF 1.25 PER CENT OF
      205 words
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  • THE WORLD
    • Article
      Lock icon UK seen dragging down industrial investment in EC
      466 9 Britain forecasts 15pc cutback this year Agencies BRUSSELS Industrial investment in the European Community is likely to be held back this year because of a sharp cut in investment by British industry, according to a European Commission survey published yesterday. EC businesses
      Agencies  -  466 words
    • Article
      Lock icon World growth to fall to 1.5pc: EC
      223 9 Agencies BRUSSELS World economic growth will fall to 1.5 per cent this year, according to European Commission forecasts, although it should recover to 2.8 per cent next year. A general collapse in consumer and investor confidence because of the Gulf War and an
      Agencies  -  223 words
    • Article
      Lock icon Agency to oversee sale of Soviet state firms
      183 9 Reuter MOSCOW Soviet President Mikhail Gorbachev on Monday ordered the creation of a special agency to oversee the large-scale privatisation of Soviet state enterprises. A presidential decree, issued by the official Tass news agency, set up a special fund to manage the
      Reuter  -  183 words
    • Article
      Lock icon Investments in Mexico slow down
      312 9 Reuter MEXICO CITY Foreign investments in Mexico have slowed ahead of Sunday's mid-term congressional elections despite assurances by analysts of an almost certain win for the ruling party. Local analysts said foreign investors were worried the ruling Institutional Revolutionary Party (PRI) might lose ground in
      Reuter  -  312 words
    • Article, Illustration
      Lock icon Mexico's govt warned about recession as elections near
      308 9 Reuter MEXICO CITY Half way through his six-year term as Mexican president, Carlos Salinas has reshaped the economy and restored hardwon confidence among voters and foreign investors alike. But his luck may be about to turn. As the government heads confidently towards
      Reuter  -  308 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      55 9 Tito's memory turns to ashes v iBL JlZdil^Ht jpgS&Fr 'j IJr |MMap|P| MMRp I IMPi J ig^'^ 3^' mß# SARVAS, Yugoslavia A member of the Croatian National Guard setting on fire a portrait of the late Yugoslav President Tito on Monday. Serbians and Croatians are fighting in the village every
      55 words
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      Page 9 Advertisements Column 2
      617 9 You'd be surprised what you can teach yourself at Apple World Singapore '91. Even novices can feel like accomplished specialists once they get their hands on a Macintosh. Because it's unbelievably easy. Just try it for yourself at Apple World Singapore '91. Here, from August 15 to 17, Apple World
      617 words
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  • Article
    A bad case of jitters
    463 10 EDITORIAL THE rumour mills are working overtime in Hongkong and this is undermining the stability of the British territory's banking system. Just four weeks after the Hongkong authorities decided to close down the local operations of the Bank of Credit and Commerce International (BCCI), wild
    463 words
  • WHAT THE OTHERS SAY
    • Article
      Give PM fresh mandate
      201 10 FOR THE better part of Singapore's modern political history, the running of the country has been in the hands of a small core group of people who called the shots. Decisions taken were largely handed down. It was democracy by will. The hallmark of the Goh
      201 words
    • Article
      Lessons on sex and drug
      126 10 WE ARE a society at a crossroad. While we want to stringently preserve our moral values, our young seem to be more promiscuous and drug addiction is a problem. What can be done? Certainly social pressure can "save" some of our young. However, the best
      126 words
    • Article
      A rallying speech
      204 10 IT IS obvious from the speech delivered by Prime Minister Goh Chok Tong that he has already a good grasp of his job after assuming the premiership for nine months. Mr Goh was so composed, spontaneous and frank when he addressed the audience. The latter could not
      204 words
  • REGIONAL VIEWPOINTS
    • Article
      Win a little, give in a little
      206 10 THE South China Morning Post commented editorially on Monday on the Japanese leader's official visit to Beijing, saying in part: "There was no mistaking the symbolism of the wreath that Japanese Prime Minister Toshiki Kaifu laid on the Monument to the People's Heroes
      206 words
    • Article
      Neo-Nazis not a problem
      175 10 YET another scab of violence has been ripped open in the troubles mesh of South Africa. This time, 2,000 members of the neo-Nazi Afrikaner Resistance Movement (AWB) erupted in fury when President FW de Klerk chose to exercise his right to address his constituents in Venterdorp.
      175 words
    • Article
      Constitution flaws
      133 10 IT IS, indeed, a great pity that many constructive suggestions made to put this country back on the right democratic track were cast aside by the constitution drafters as they wrapped up the final draft charter yesterday. Apparently, the Constitution Drafting Committee has decided to pass the buck
      133 words
  • Article, Illustration
    Lock icon The destinies of two Chinese cities
    974 10  -  China set up special economic zones in Guangdong 11 years ago to rival Hongkong. But as Michael Di Cicco sees it, Beijing is now finding it increasingly difficult to control a combined Hongkong-southern China. Michael Di Cicco Building up the competition, Shipping Times Pg
    UPI  -  974 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Constructive vision of future of M-E still lacking
      839 11  -  Yehuda Lukacs and Abdul Aziz Said call for bold new ideas to ensure that efforts to hold peace talks on the Middle East will be met with greater enthusiasm. Yehuda Lukacs,Abdul Aziz Said The writers are members of the faculty of the
      IHT  -  839 words
    • Article, Illustration
      Lock icon NZ hopes for better future
      1210 11  -  The latest New Zealand budget hurts, but necessarily so, writes Alvin Tay who was on assignment in that country recently. This article is the first of four features on New Zealand. The others are on the economy, forestry and tourism. Alvin Tay WHEN you are
      Source: Bu Wilson Limited  -  1,210 words
    • Article
      Lock icon Wall St loves prospect of reduced bank competition
      832 11  -  American markets welcome the merger of Bank America and Security Pacific, says Floyd Norris Floyd Norris NYT WALL STREEf loves bank mergers because it hopes competition will vanish, or at least get a lot less vigorous. "Scale gives you market heft." said
      NYT  -  832 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      36 11 High Quality Office Supplies For Total Efficiency. Heavy Duty Pencil I Sharpene^a Stapler f/ Staples No. 10 J PS-140 PS-156 jgaam t? BALMAR MARKETING Tel: *****77 j Member of Jebsen Jessen Group Companies South East Asia
      36 words
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  • THE LAW PAGE
    • Article, Illustration
      Tribunal to decide payment of copyright fees
      937 12  -  The Singapore Broadcasting Corporation and the Performing Right Society Limited took their dispute over royalty payments to the Copyright Tribunal. It was the first application of its kind under the Copyright Act. The 76-page finding revealed interesting details of the workings of the
      937 words
    • Article
      Minority shareholders petition to wind up company
      571 12 CAM KUAH k()k KIM AND OTHERS v CHONG LEE LEONG SENG COMPANY (PRIVATE) LIMITED: Court of Appeal of the Republic of Singapore, Civil Appeal No 85 of 1989: Justice Yong Pung How, Chief Justice, Justices LP I hean and Chao Hick Tin. THE
      571 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1400 12 BUSINESS TIMES TELEPHONE; 730-5771/5772/5773 FAX: 734-4982 NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR OYAMA TRANSPORTATION (S) PTE. LTD. (Incorporated In Singapore) Take notice that Eric Wan Tai Keong of Wan Tai Keorg Co. 133 New Bridge Road #15-04. Chinatown Point, Singapore 0106, haa been appointed provisional liquidator of the abovenamed Company
      1,400 words
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      Page 12 Advertisements Column 2
      371 12 Complete Payroll System For Small Enterprises C S&&L/ Calculate OT/CPF/SDF/ POSB Diskette FWL/M BM F/PAY Print IRBA/Form On-line Help E/CPF Form Export Data Print Pay Slip User Define Pay Items Many Repeal* (For up to employees) Call: *****09 PIT SOFTWARE PTE LTD Blk 1003 Toa Payoh Industrial Park #04-1513 Lorong
      371 words
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  • SPORTS
    • Article, Illustration
      Lock icon US powers back into spotlight
      556 13 Pan American Games Reuter HAVANA The United States swam back into the Pan American Games spotlight on Monday when their swimmers took all five gold medals on the opening day of the pool events. After watching hosts Cuba sweep through the athletics events in the
      Reuter  -  556 words
    • Article
      Lock icon Rostagno defeats Garrow in Volvo defence
      312 13 AP NEW HAVEN, Connecticut Derrick Rostagno mixed power hitting with off-speed shots to beat Brian Garrow 6-3, 6-4 on Monday to begin defence of his Volvo International title. Rostagno, seeded ninth, was down 40-0 in the 10th game of the second set with Garrow
      AP  -  312 words
    • Article, Illustration
      Lock icon Daly — the stuff that legends are made of
      685 13 Daly the stuff that legends are made of AP CARMEL, Indiana Americans love the long ball. They cherish the underdog. Meet Long John Daly, the newly-crowned PGA champion and the United States' latest sports folk hero. While it is premature to compare this 25-year-old rookie with the great sports figures
      AP  -  685 words
    • SIDE LINES
      • Article
        Broadhurst moves up European money list
        117 13 VIRGINIA WATER, England Paul Broadhurst's victory in the weekend European Pro-Celebrity golf tournament moved him up to 14th place on the PGA European Tour prize money list for 1991. Broadhurst had nine birdies in a 10-hole span in the final round to complete a
        117 words
      • Article
        McEnroe seeks strong finish
        58 13 INDIANAPOLIS Twelfth-seeded Patrick McEnroe had a strong start to the US$l million US Hardcourt Championships on Monday, but it is a strong finish the rising American star is eyeing. "My goal is to start playing better tennis at the end of the tournament," said McEnroe after
        58 words
      • Article
        Basuki overcomes Porwick
        59 13 LOS ANGELES Tenth seed Yayuk Basuki of Indonesia defeated Germany's Claudia Porwick 2-6 6-2 6-4 in the first round of the U*****,000 Virginia Slims of Los Angeles women's tennis tournament on Monday. Top-seeded Monica Seles of Yugoslavia, who regained the world's number one computer ranking on Monday,
        59 words
      • Article
        Where's the wind?
        112 13 COWES, England A drop in the wind left the 23 remaining competitors in the Fastnet Race stranded in calm seas on Monday at nearly the halfway point of the event. The French yacht Corum Saphir, leading the 50-foot (15-metre) class by 10 nautical miles over the Japanese
        112 words
      • Article
        Bontempi clinches title
        65 13 VARESE, Italy Italian sprinter Guido Bontempi edged Swiss Pascal Richard at the finish line to win the Tre Valii Varesine cycling race on Monday. Frenchman Gerard Rue preceded Italy's Claudio Chiappucci for third place, one minute and 30 seconds behind the winner. Bontempi covered the 209.2 kms
        65 words
      • Article
        Burrell's cautious
        99 13 MALMO, Sweden Leroy Burrell has held the world 100metre record since June 14 and has a 3-0 edge over US team-mate Carl Lewis in head-to-head meetings in that distance this season. But he's not over-confident as he prepares for his first World Championships. The meet starts in Tokyo
        99 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      1106 13 I eI I I JURONG CEMENT LIMITED I (Incorporated in Singapore) fl fl SECRETARY'S OFFICE fl 112 Middle Road #02-03 Midland House fl fl Singapore 0718 fl I NOTICE OF MEETING I NOTICE IS HEREBY GIVEN thai the Eighteenth Annual General Meeting of the Company will be M heft) «the
      1,106 words
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      Page 13 Advertisements Column 2
      242 13 itfeiAmr JL amnion nsR vm I Kpt ImBBTN CAMICME& Vp CUtStUB From Ist July to 31st August V J 1991 on Mondays and T\ fl Wednesdays at 8.15pm, the latest in swimwear and fashion, y will be brought to you together with your food! Specially priced set menus from $68++
      242 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1194 14 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE I I For the month of August, the master chefs at Tien Court have prepared six splendid set menus that feature Shark's Fin as the centrepiece. Prices range from S$ 188.00 for the Double
      1,194 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      705 14 TELEVISION AND RADIO Extremely r orsytn ssfis ?3jrMs£»«c» a-^ 7.00 PM CNN httarnatiaaal (L). hended robbers responsible 3.25 am: Financial News VH! [l] 4 >*23Sr 8.00 August Calatorations Wild for the spate of robberies in J*JJ J*"* 1 JC cc HSU! South: Grandma (See Our the area. And Hunter comes
      705 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Where have all the buyers gone?
      1546 15  -  into hiding, it seems, as scandals and industrious tax inspectors take their toll on the Japanese art market, reports Stefan Wagstyl Stefan Wagstyl FT KIYOTAKA Kori remembers a day last year when a stranger walked into his art gallery in a fashionable district of
      FT  -  1,546 words
    • Article, Illustration
      Miller to visit Stockholm to direct own play
      547 15 CHATTERBOX AMERICAN writer Arthur Miller was so impressed by a Swedish Royal Dramatic Theatre performance in New York that he'll go to Stockholm to direct one of his own plays, the theatre manager said on Monday. It would be the second time
      547 words
    • Article
      Lock icon Japanese captivated by fish in bottles
      383 15 NYT MINI aquariums arc selling well among young Japanese women who buy them as fashionable gifts or to decorate their homes, while some say the fish swimming in the tiny bottles remind them of their own pitiful housing situation. "Most of the customers arc
      NYT  -  383 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      293 15 AND ENTERTAIN U.S. Food Promotion Savour the best of U.S. beef and lamb at Hubertus Grill from 1 to 31 August 1991. All steaks come with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Bearnaise or Black Pepper Sauce. A Sterling 5-course set menu
      293 words
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      Page 15 Advertisements Column 2
      132 15 Two adjacent buildings, secure Government tenant Long term lease Prime corner position (on Northbourne Avenue) J Anticipated net income May 1992 $2,170,000 J Existing building about 5140m 2 1 New building about 1800m 2 Tenders close 4pm Friday 30th August To be addressed to Permanent Trustee Company Limited (Attention Mr
      132 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks decline amidst worrying bearish signs
      908 16  -  By Kooi Cho Teng SINGAPORE STOCKS took a turn for the worse yesterday, declining across the board on a worrying rise in volume. The Straits Times Industrials Index slid 15.87 points, or 1.1 per cent, to 1,424.21. The broader-based BT Composite Index slipped 7.68
      908 words
    • Article
      Untitled
      4135 16 MAIN BOARD Gr's Gr's 1991 Tel Last Vol Day Last Quote Div Div Y'ld Net M Cap High Low Code Company Sale 0T-(-000) High Low Buyer Seller Cvr S P/E Smil a NDUSTRIAL COMMERCIAL 285 162 1000 Acma 218 -5 3 218 212 213 219 10.0N 1.5 4.6 14.4 133.6
      4,135 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4003 17 Main Board PM Hldgs 265 +23 +9.5% DBS 1190 +10 +0.8% B AT 21* 358 +6 +1.7% CB 500 6 +1.2% Semb Maritime 366 +6 +1.7% B Sembawang 555 +5 +0 9% Jurong Ship 50« 915 +5 +0.5% Cold Store 50* 284 +4 +1 4%
    4,003 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      218 18 Date Ymt CrMH Nat Ptet MmiRfs Crots •m te fradt/teu (L) par skara dhrMand COW) (cants) Metatock Aug 12 Mar 91 J5.048($4,995) 21(20 8) 10(10) CX Tang Aug 7 Mar 91 $6.792(S6.770) 16.4(26) 6(6) Polytek Wfearnes Aug 6 Mar 91 $15(4,538) -(9.8) 3TE(3TE) Ganda HWgs Aug 5 Sep
      218 words
    • Article
      PRELIMINARY RESULTS
      113 18 Caatpaay Date Yaar Croap pra-tax Nat aaraiafs Cms MM to praM/lass (L) par shara tfMdaad ('040) (Mats) Matayawata Aug 2 Mar 91 MJ51.065($31.216) 38(23.2) 7 5%Tt(2*TE) Hhong Guan Jul 30 Apr 91 $312L(J316l) 4(4) Rash id Hussam Jul 24 May 91 MJ68,223(J30,105) 24.9(19.4a) 5(4 5a) Kamuntii* Corpn Jul
      113 words
    • Article
      INTERIM RESULTS
      438 18 C»w»mt Date Hatf-ycar Cr*«# pretax Interim mm to pr«flt/lMs (L) (Hvktend ('000) Landmarks Aug 12 Jun 91 MJ9.497($5.749) OUB Aug 12 Jun 91 $38,lllg($46,346g) 5(5) 0U£ Aug 12 Jun 91 S13.981 ($13,289) 6(6) OUT Aug 12 Jun 91 $4,638($4,049) 4(4) DBS Aug 8 Jun 91 S189.049($192.415) 8(8) U
      438 words
    • Article
      DIVIDENDS ANNOUNCED
      659 18 Current Ex Books Date Total far Total far payment date doM payable the year last year MlFP NYA(e) Jun 19 Jul 4 Aug IS NYA 2.8C Mm Wn 50c 61(b) Sep 4 Sep 16 Sep 30 6% 61 Asu Pic Ld 50c 21(b) Jul 18 Aug 1 Aug
      659 words
    • Article
      CORPORATE DEVELOPMENTS
      979 18 Auf 12 Centrepoint Properties Ltd is raising $330 m through a bond-and-warrant issue for four property purchases the Anchor and Tiger breweries sites from F&N (521 lm) and a stake in two Orchard Road buildings from Pidemco Land ()119m). CPL will also buy two F&N subsidiaries. Anchor Developments
      979 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      961 18 Prices as at 13.08.91 Conversion terms Premium/ Expiry T~ (discount) Amount Optional** using in ned r Company (mil Wrts Share Loan Conv Exer Lnstk Cask Cask. Loan Gearing. Date Mths units) stock ratio price nom 1 Stk Left value s > s s Burwill 115.2 0
      961 words
    • Article
      RESULTS DUE
      384 18 Mali Board Last Full Ymt tampan? tote* Date Year Hat EPS Grow Net muMd ntx (cants) <•* pratt tnt year (fOOO) Carabos Interim Apr 27 Jul 91 116 20 OTt(a) 38.911 SpnLarf interim May 4 Dec 91 126 100 U.641(0 Tang Mm Interm Aug 2 Dec 91 48
      384 words
    • Article
      APPROVED ISSUES
      253 18 Company Rights Issue Bdto) One-tor tour MS200 per share Ei-date Jul 16 Books close Jul 30 Acceptance Payment: Sep 10 ttfe Hyd Four-for five MSO 65 per shaft Ei-date Jul 25 Books dose Aug 8 Acceptance 4 Payment Sep 17 Nat Kap Onetor-two JO 80 per share Ei-date
      253 words
    • Article
      PROPOSED ISSUES
      545 18 Company Rights Issue (tail Pat Land One-tor-two fe MS) 65 per shaft Hhna Tedi One-tor-one >100 per slwt Baft on Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Borah 1991/96 with *****m detachable warrants on the bass of $2 nominal amount of Bonds for every
      545 words
    • Article
      BONDS, LOANS & WARRANTS
      737 18 BONDS, LOANS WARRANTS rimpiiij Cmmitmwmbi Ommntm f lw hMmi M 81 Before 30/6/94 1 warrant plus W1.00 cash CiC III Before 26/4/93 1 warrant ptes $3 09 end C—Law C —wii)i III 2/10/89 to 20/10/94 1 warrant plus $077 cast) or 1 warrant plus JO 77 normal amount of loan
      737 words
    • Article
      COMPANY MEETINGS
      402 18 SPK-Sentosa Cop Bhd: 28th AGM at the Board Room, 13th Floor Wtsma SPK, Jalan Sultan Ismail, Kuala Lumpur on Wednesday, Aug 14, at 10am. Stretm AKed hwhwh Ltd: EGM at 481 Tanglin Halt Road, Singapore 0314 on Friday, Aug 16, at 10am. Summa tomtmanti Ltd: 27th AGM at
      402 words
    • Article
      RECORD HIGHS & LOWS
      175 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1333 08 (3/6/91) J»J jj* J*"* (3/6/91) 1991 low: 1022.52 (16/1/91) {6/1/91 1990 high: 1435 43 (16/7/90) J2 S? S /SF/22K 1990 km: 981.07 (09/11/90) }J" JJJ-JJ J" 7 1989 h* 1322 00 (28/12/89) *9 J* £776 (26/12/89) 1989
      175 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      232 18 NOTICE M THE MATTER Of TIC COMPAMES ACT, CAP M M THE MATTER OF ATM INVESTMENTS PTE LTD S HERW Exfacrdnary General Mating of N Company vatoonvmd and ImM at 36 Robtaon Road MfrOl« Cty Houaa Singapore 0106 en 1) Auguat 1991 h UMng reaoMona ware duly paaaad aKSPECIAL RESOLUTION
      232 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market eases on broad front in thin trading
      852 19 Bernama SHARE PRICES ended easier in thin trading yesterday as bargain hunting which aided sentiment in the morning tapered off in the afternoon with jittery investors liquidating their positions. Gains in index-linked counters, especially Telekom Malaysia, which rose 30 sen, saw the
      Bernama  -  852 words
    • Article
      Untitled
      3307 19 1991 Last v«l D*y Net Cap High Low Company Sale WO High Low P/E Smil INDUSTRIALS 245 165 AISB 50« 197 -3 9 200 197 48.0 202.1 560 310 ASM 50« 400 -10 1139 414 400 35.7 1642.6 600 280 Acidchem 500 unch 26 500 500 215.0 685 192 Ajinomoto
      3,307 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      746 19 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 HMM■■■■■MHIHHamMMMMmMM^^M^mmmmhm^HMMHMM^ LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN *at,l ChuaMoiUag of 8k712 Bedok Reservoir Road 105-3928, Singapore 1647, have applied for a Beer Howe Second Cbas licence in respect of premises at Mh SiaToh Eating House at 719 East Coast Road, Sagapore 1542,
      746 words
    • Advertisement
      Page 19 Advertisements Column 2
      298 19 In Act, Cap.« Aml «> la flftn Matter rfMI ENTIinMR CO PTE LTD (la Menken' Vaiaatary llldliMn) At an Extraordinary General Meeting of the abo re named Company duly convened and held at 336 Smith Street #00-306 New Bridge Centre Singapore 0106 on 10 August 1001 at IXOO p.m., the
      298 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bank scare pushes stocks down to easier close
      2216 20 Reuter TOKYO STOCKS closed easier yesterday after seesawing through the day due to choppy indexfutures trading. Afternoon news that Osakabased credit union Toyo Shinkin Bank was involved in massive improper loan deals made investors wary, but firming yen bond prices supported sentiment,
      Reuter  -  2,216 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market closes lower in very quiet trading
      1914 20 Reuter HONGKONG STOCKS closed lower yesterday in one of the market's quietest trading days in weeks. Brokers said it was consolidating after Monday's record high and before the upcoming interim results season. "Most people are recovering from the excesses of the last few
      Reuter  -  1,914 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Sharp drop in Aussie shares for second day
      • Article
        AUSTRALIA
        855 21 AUSTRALIAN SHARES fell sharply tor the second day in a row yesterday as data pointed to a protracted trough in the recession and hopes for a quick rates cut were dashed. Prime Minister Bob Hawke said the government would not rush to reduce rates but would wait until after
        855 words
      • Article
        Untitled
        631 21 Close Previous Aug 13 AUSTRALIA All Ordinaries Index 1,553.9 1,565.6 -11.7 All Industrials Index 2,371.9 2,390.5 -18.6 All Resources Index 925.7 932.2 -6.5 Turnover (million) 93.84 134.86 -41 0* BANGKOK SET Index 689.76 702.92 -13.16 Turnover (billion baht) 1.26 1.61 -0.35 JAKARTA Composite Index unav 337.64 MANILA Composite Index 945.95
        631 words
      • Article
        BANGKOK
        695 21 SHARE PRICES closed sharply lower in very thin trading in Bangkok yesterday, brokers said. "It was quiet like a cemetery," said Chutchaval Thanvarachon, senior sales executive of Ekachart Finance and Securities Co. The index ended 13.16 points lower at 689.76 on turnover of 1.26 billion baht. Trading has been
        695 words
      • Article
        MANILA
        511 21 PHILIPPINE SHARES fell yesterday as market impatience over senators' indecision on a new US military bases treaty held bargain-hunters at bay, brokers said. Rising interest rates drew investors away from stocks, pushing Manila's composite index 22.91 points lower to close at 945.95. Brokers see the market breaking the next
        511 words
      • Article
        SEOUL
        787 21 SEOUL SHARES closed higher yesterday on a technical rebound by institutional buying in volatile trading after two days of sharp falls, brokers said. "A technical rebound pulled the index up with buying pressure centring on securities shares," Daewoo Securities broker Huh Eui-do said. The composite stock index was 3.61
        787 words
      • Article
        TAIPEI
        459 21 THE TAIWAN stock index reversed early gains yesterday to finish lower as profit-taking emerged in the last halfhour of trading, dealers said. The weighted index closed 53.23 points lower at 5,104.43 compared with Monday's 5,157.66 finish. Turnover rose to NT533.79 billion from NTS2B.6 billion. Dealers said major players took
        459 words
      • Article
        Untitled
        352 21 la local f niy In S$ la US$ day year day year day year Aag 12 Index chaage change chaaft change chaage chaise World 404 6 -0.4 13.0 -0.6 7.5 -0.6 8.5 $EAFE 517.9 -0.9 10.2 -0.9 2.6 -1.0 3.5 Europe 430.9 -0.3 18.2 -0.3 2.2 -0.3 3.2 Pacific 815.8
        352 words
      • Article
        NEW ZEALAND
        273 21 LEADING New Zealand shares closed significantly lower for the second consecutive day yesterday in a market devoid of good news, and brokers predict today's session will again open on a bearish note. Rising wholesale interest rates after the Reserve Bank's biennial policy statement on Monday, a sharply weaker
        273 words
      • Article
        BOMBAY
        100 21 SHARE PRICES finished selectively higher in Bombay on Monday (yesterday's report was not available) after a shaky start in thin trade undermined by continuing curbs on trading, brokers said. The Bombay Stock Exchange Index gained 0.49 point to 1,664.06. The National Index firmed 4.54 to 800.97. "It was a
        100 words
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  • WORLD STOCK MARKETS
    • Bank stocks lift Dow over 3,000 again
      • Article, Illustration
        NEW YORK
        1342 22 BUOYED BY bank stocks, the New York stock market overcame early losses yesterday to post a gain at the close, with the Dow Jones industrial average again bouncing just past 3,000. The announcement of the agreement for the US$4 billion acquisition of Security Pacific Corp by Bank America
        1,342 words
      • Article, Illustration
        LONDON
        781 22 SHARES in London closed fractionally lower yesterday after a lethargic day which brought little positive corporate news. "It feels very much like a typical August Monday," one trader said. At the close, the FT-SE 100 index stood at 2,569.4, 1.2 points below Friday's close. The FT-30 index gained two
        781 words
      • Article
        FRANKFURT
        242 22 TOMORROW'S Bundesbank council meeting is likely to re-awaken Germany's currently dormant stock exchanges and only a few fear that the wake-up call will cause share prices to plunge, share dealers said. The Bundesbank is widely forecast to announce an increase in at least one official interest rate tomorrow. The
        242 words
      • Article
        Untitled
        123 22 Aug 12 Close Previous NEW YORK Dow Jones 3.001.34 2.996.20 1-5.14 NYSE Financial 157.75 155.66 +2.09 SAP 500 388.02 387.12 +0 90 Turnover (million) 145.6 144.1 +1.5 LONDON Financial Times 30 2,007.5 2,005.5 +2.0 FTSE 100 2,569.4 2,570.6 -1.2 Turnover (million) 280.4 421 -140.6 FRANKFURT DAX Index 1.625.06 1,632.21 -7.15
        123 words
      • Article
        AMSTERDAM
        290 22 DUTCH SHARES ended down yesterday on a day of low-volume trade, with a handful of climbers, dealers said. "It's been a very, very quiet day," one said, comparing volume to the lower levels seen during last week. The CBS tendency index closed down 0.4 points at 91.9. Nedlloyd equalled
        290 words
      • Article
        PARIS
        197 22 FRENCH SHARES ended steady to a shade lower in lethargic trade yesterday, with many dealers on holiday and the remaining participants keeping positions square ahead of tomorrow's Bundesbank council meeting, traders said. The CAC-40 blue chip index fell 3.16 points, 0.18 per cent, to end at 1,780.38 on puny
        197 words
      • Article
        MILAN
        187 22 ITALIAN SHARES closed down but off their lows in thin trading volumes yesterday, with technical adjustments linked to yesterday's expiry of options contracts accounting for much of the session's activity. Brokers said the short three-day trading week, combined with the beginning of the new September account today dissuaded investors
        187 words
      • Article
        ZURICH
        299 22 SWISS SHARES ended a lacklustre session slightly easier yesterday as the market waited for new market-moving factors. Dealers said some blue chips and brewers were sought but that overall the market lacked direction. The all-share SPI index slipped 3.4 points to 1,120.9 and the SMI index of leading shares
        299 words
      • Article
        BRUSSELS
        162 22 BELGIAN SHARES closed lower in extremely thin trading yesterday with most operators staying on the sidelines ahead of the German Bundesbank meeting tomorrow, traders said. The Bel 20 index of leading shares closed down 6.24 points to 1142.53, near the day's low of 1141.40. Oil major Petrofina and Belgium's
        162 words
      • Article
        JOHANNESBURG
        347 22 THE Johannesburg stock market was cautiously holding on to its modest gains yesterday in a thin and uncertain market. South Africa's continued political uncertainties remains a major factor depressing market activity, dealers said, noting that volumes generally held at low levels with interest mainly centred on quality shares. The
        347 words
      • Article
        TORONTO
        291 22 TORONTO STOCKS ended a day of listless trade slightly lower yesterday after bouncing erratically within a sev-en-point range throughout the session, dealers said. "We've gone into a num-ber-watching mode once again," said Lyle Stein, a portfolio strategist with Nesbitt Thomson. The US consumer price index for July, due to
        291 words
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      57 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar comes under selling pressure in late Asian trade
      1208 23 REPORTS J Tokyo: The US dollar edged slightly lower against the mark on technical selling pressure from European participants in late Asian trading yesterday but was soon met by profit-taking. "The dollar came under selling pressure when Europe came into
      1,208 words
    • Article, Illustration
      Lock icon Europe on tenterhooks over German rates
      699 23 FT BONN As Bundesbank council members return from the holiday recess, speculation about a rise in German interest rates is building to fever pitch. Most investors expect a rise in rates as early as August 15, the next policy council session and the first
      FT; Source: Datastream  -  699 words
    • Article
      FINANCIAL FUTURES
      1097 23 S1MEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 94.23 94.24 94.22 94.23 1500 ***** 798 Dec 91 93.89 93.89 93.87 93.89 2500 ***** 2309 Mar 92 93.81 93.83 93.81 93.82 1181 ***** 1345 Jun 92 93.45 93.48 93.45 93.46 610 2883 306 Sep 92
      1,097 words
    • Article
      INTERBANK FOREX RATES
      393 23 Cross rates Aug 13 USS SS MS Dm Yen SFr AS NZS uss 1.7205 2.7745 1.7215 136.35 0.5882 1.5070 1.2755 1.7406 ss 0.5812 1.6126 1.0006 0.7925 0.3419 E .8759 c .7414 1.0117 MS 0.3604 62.01 0.6205 0.4914 0.2120 0.5432 0.4597 0.6274 Dm 0.5809 0.9994 1.6117 79.20 G
      393 words
    • Article
      MONEY MARKET
      526 23 Interbank rates S$ Bid Offer Overnight 5 1/8 5 1/4 1-month 5 3/16 5 5/16 2-month 5 1/4 5 3/8 3-month 5 1/4 5 3/8 Overnight mode: 5-7/16 LSS Bid Offer 7 days 5 11/16 5 13/16 1 month 5 11/16 5 13/16 2 months 5 11/16 5
      526 words
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  • COMMODITIES
    • Article
      Lock icon Low stocks policy aids recovery of crude palm oil prices
      501 24 NST KUALA LUMPUR In the middle of 1989, many in the Malaysian palm oil industry were lamenting over the price of palm oil and were hoping for it to move up and stocks to come down. Their prayers were finally
      NST  -  501 words
    • Article
      Lock icon Petronas refining new Dulang crude to check its quality
      286 24 Reuter SINGAPORE Malaysia's state oil firm Petronas, with output of its new Dulang crude rising, is sending two cargoes of Dulang for spot processing in China and Singapore to confirm its quality, oil trade sources said. "As it is a new
      Reuter  -  286 words
    • Article
      Profit-taking sends crude palm oil futures lower
      793 24 REPORTS MALAYSIAN crude palm oil prices closed lower yesterday on renewed selling and lack of buying support, reflecting losses on the futures market and an anticipated fall in Chicago soyoil prices following a bearish US Department of Agriculture soybean report, dealers said. Trading
      793 words
  • Article
    PRICES
    1338 24 Rubber Aug 13 Scents/kg Noon Close Int I RSS Prompt I38.2VI39.25N 138.7VI39.75N Int I RSS Sep 91 140.(XVI40.S0 140.50/141 00 Inl 1 RSS Oct 142.00/142.50 142.50*143.00 Int 2 RSS OP 138.75/I40.75N 139.25/141.25N Int 3 RSS OP 137.75/139.75N I38.25/140.25N Int 4 RSS OP 133.25/135.25N 133.7V135.75N Int 5 RSS OP 129.25/131.25N
    1,338 words
  • Page 24 Advertisements
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      595 24 BUSINESS TIMES TBLEPHONE: 730-3771/5772/3773 PAX: 734-4982 Mcllwraith McEacharn Operations Limited 5538,000,000 Guaranteed Floating Rate Notes Due 1992 In accordance with the provision of the Notes, notice is hereby given that for the three-month period from 14th August 1991 to 14th November 1991, the Notes will carry a rate of interest
      595 words
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      Page 24 Advertisements Column 2
      25 24 Difficulty in getting a copy of Singapore Business, Her World, Go. Home Decor, Young Parents? Call our Hotlines 740-1839 740-1840 for locations of nearest newsstands.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    967 25 City Fttght ETA FUtfrt ETD Aba MuM GA895 1235 GA974 0001 GA886 0010 QF81 2000 Qf82 2200 SQ227 2245 Amsterdam GA895 KL837 1235 1255 SQ24 KL838 2200 2240 Attorn 0A471 0020 OA472 2240 SQ35 1710 Auckland NZ21 1820 NZ22 1930 SQ388 2030 Baadar Sari SQ181 1410
    967 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A feast of music, theatre and dance
      595 25  -  LETTER FROM EDINBURGH By Kate Dourian FOR THE next three weeks visitors to Edinburgh can breakfast on Shakespeare, lunch on Mozart and nibble on a variety of cultural snacks all night at the world's biggest arts festival. For here there is theatre and
      595 words
    • Article
      MONEY CHANGER RATES
      150 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3412 1.3594 Canadian dollar 1.486 1.5164 NZ dollar 0.9765 0.9963 Sterling pound 2.907 2.945 US dollar 1.7175 1.7222 Local dollars to 100 units of foreign currency Austrian schilling 14.01 14.30
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Aug 18-20 International Germany Mode Woche- 4<J8951<W<) Aug 24-28 International Frankfurt. Messe Frankfurt *****5750 Fashion Fair Munchen GmbH Trade Fa,r for Germany GmbH cm-iicn Consumer Goods Aug 20-31 Izmir Turkey Izmir Fair 5114.150 Aug 24-28 Cosmetics Netherlands
      87 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      41 25 Kokkola? Its the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kurope from start to Finnish.
      41 words
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      Page 25 Advertisements Column 2
      32 25 I PAUL SIMON'S S'PORE DATE on the Plus sexy lyrics you might find offensive. new Music mi In The New PaperW M 7 wplb NEW, NEWS, NEWSY From lunch-time. Mondoy to Soturdoy.
      32 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      197 25 the Oppositio 26 Met office put fresh tax on ground storage area (3,8,4) 6 Like to write in Early En- 24 Bridge bidding convention glish for relaxation (4) resulting in a pass (4) 27 Crown commission? (7) 7 Drinks beer after time 25 A paper boss with one rethe result
      197 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      207 25 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 32.4° C Assoc humidity 66% Minimum temperature 26.9 Assoc humidity 88% Hours of sunshine 6.45 Rainfall in mm Nil Rainfall this month 15.5 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/06 Windy Bangkok
      207 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      32 25 once. ft ux:e< w this C IORGES COmMG UP \T'S F\ GI2£A"T I IFF ft ROSY GLOU) \TS ft GRCAT UFC.... Su3e£fs puaWRME.... 34-93 A 1 EVENING STANDARD CO. LTO.. 1962-1991 I
      32 words
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  • Article
    Panel completes study on foreign schools shortage
    438 26  -  Land costs lie at heart of the problem By Genevieve Cua A COMMITTEE set up to look into the pressing shortage of foreign schools has completed a study of the schools' needs. Land is expected to be a key issue in the study's
    438 words
  • Article, Illustration
    American schools in Asean to expand
    445 26 Growth in tandem with US investment in region AMERICAN schools in Asean are embarking on mul-ti-million dollar expansion programmes as growing investment commitments by American companies have resulted in the deployment of more expatriate staff and their families in the region. The schools superintendent
    445 words
  • Article
    Lock icon HK police appeal to public for information about bank rumours
    288 26 Reuter HONGKONG The Commercial Crime Bureau has appealed for public help in tracking down rumour-mon-gers alleged to have provoked runs on branches of Standard Chartered pic and Citicorp's Citibank NA in the colony. Mike Dowie, acting head of the bureau,/yesterday
    Reuter  -  288 words
  • Article
    Lock icon US cable TV chairman linked to firm in scandal: report
    421 26 The BCCI collapse AP NEW YORK The chairman of the biggest US cable television company was a founding shareholder in a firm later indicted for drugmoney laundering in the Bank of Credit and Commerce International scandal, a published report says.
    AP  -  421 words
  • Article, Illustration
    Lock icon Aquino curbs govt spending in new budget
    401 26 Reuter MANILA President Corazon Aquino on Tuesday presented a 1992 budget designed to keep Philippine spending firmly under control while passing to her successor an economy primed for long-term growth. In a statement to Congress, Aquino rejected confrontation with the country's creditors over
    Reuter  -  401 words
  • Article
    URA's development guide plan for city area out this year
    375 26  -  By Lee Han Shih IN THE NEXT few months, developers will have the answer they have been awaiting a long time what the Urban Redevelopment Authority will allow to be built in the Orchard Road and city areas. According to
    375 words
  • Article
    BG Yeo to meet China representative in HK
    290 26  -  From Catherine Ong in HONGKONG SINGAPORE'S Minister for Information the Arts, BG (Res) George Yeo, will meet the head of Xinhua news agency in Hongkong, Zhou Nan, during a private visit to the territory this weekend. BG Yeo is scheduled for dinner
    290 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      197 26 I r\/i[=iF=?^s[z=i —II The Richness Of Leather Handmade To Perfection. iThe money coupon below is worth $20,000 in our BT Investment Race Contest #5. Cut it out and collect the coupons daily from August 12 to 16,1991 for a total value of $100,000. In the August 17,1991 issue of Business
      197 words
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      Page 26 Advertisements Column 2
      8 26 The destinies of two Chinese cities, Pg 10
      8 words
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      Page 26 Advertisements Column 3
      79 26 I The Richness Of Leather Handmade To Perfection. THE MYSTERY OF THE COUPLE WHO COULDN'T STOP EATING CURRY TIFFIN WILL BE UNCOVERED ON 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. Xs(2gapo**l/ BAFFLES HOTEL BEOTENS WITH 104 »LITIS BAA AND BILLIARD BOOM. BAFFLES GBILL. TIFFIN BOOM. WBITEB'S BAB. LOBBY
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  • Shipping Times
    • Article
      S'pore expected to remain world's top box port
      396 27  -  By Rahita Elias THE PORT of Singapore is expected to retain its number one container port position as it is likely to handle at 'least six million 20-foot boxes this year. Speaking at the Port of Singapore Authority's (PSA) National Day Observance
      396 words
    • Article, Illustration
      Air Mauritius to fly to Australia, discuss traffic rights to Japan
      401 27  -  By Magdalene Phang AIR Mauritius is bracing itself for further expansion into the Asia-Pacific region with plans to extend services into Australia and Japan. Already confirmed are scheduled direct flights from Mauritius to Perth starting Dec 1 this year.
      401 words
    • Article
      INDEX TO ADVERTISERS
      1202 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian
      1,202 words
    • Article, Illustration
      S'pore firm given Du Pont's 'Preferred Customer' Award
      246 27 SINGAPORE-BASED powerboat manufacturer Mantacat has been given the Du Pont "Preferred Customer" Award for the effective use of Kevlar a fibre manufactured by the chemicals giant. Mr David Sellar, technical marketing manager for Kevlar, Asia-Pacific region, said: "This is a rare achievement
      246 words
    • Article
      Lock icon Aussie pilots to launch new airline
      199 27 AFP SYDNEY A fourth domestic airline owned mainly by pilots who quit their jobs in the bitter 1989 Australian pilots' dispute is expected to be flying Australia's skies by early next year. AAA Airlines, to be 70 per cent owned by its pilots and
      AFP  -  199 words
    • NEWS SUMMARY
      • Article
        Guangdong port project
        103 27 IN CHINA'S Guangdong province, across the border from Hongkong, port and other infrastructure projects are underway which will reinforce the area's role as the power house and funnel for southern China's exports. In the long term, some of the projects, especially a new container port at Yantian,
        103 words
      • Article
        Pan Am likely to survive — for now
        66 27 Pan Am likely to survive for now PAN AMERICAN World Airways won court permission on Monday to sell some of its prized assets to Delta Air Lines Inc in a US$l.7 billion (552.9 billion) deal. The agreement, reached barely 14 hours after Pan Am's creditors embraced it, should allow the
        66 words
      • Article
        UK-Italian venture to build toll road
        40 27 A JOINT venture between Trafalgar House, the UK construction to hotels group and Italstat, Europe's biggest toll road operator, has won a 53year concession to build Britain's first privately financed toll motorway Back Page
        40 words
    • LOG BOOK
      • Article
        GM eyeing Far East tie-ups
        66 28 DETROIT General Motors Corp said it would like to expand its presence in the Far East through joint venture agreements in an effort to take advantage of a booming economy in the region. GM vice-chairman John Smith said the US's largest auto manufacturer faces stiff
        66 words
      • Article
        Privatisation to make Telecom 'more flexible'
        93 28 SINGAPORE Singapore Telecom's privatisation will take the statutory board into the "next lap" and make management and operations "more flexible" and responsive to pricing, investment and customer needs, said its chairman Mr Koh Boon Hwee. Speaking at a National Day observance ceremony yesterday, Mr
        93 words
      • Article
        Tradewinds to fly to Langkawi
        96 28 SINGAPORE Tradewinds will launch a twice weekly direct service to Langkawi on Oct 30. The new service, which will be operated jointly with Malaysian Airlines System, will depart Singapore every Wednesday and Saturday with return flights on the same day. The service will replace the
        96 words
      • Article
        Fall in July's UK airport traffic
        89 28 LONDON Airport operator BAA pic said it handled 7.2 million passengers at its eight airports in July, 7 per cent below the same period last year. It said this implies a forecast for the year to March 1992 of some 73 million passengers compared
        89 words
      • Article
        Canadian train spills acid load
        52 28 MELBOURNE, Canada A freight train carrying a potentially dangerous acid derailed on Sunday, forcing the evacuation of around 100 homes but without causing reported injuries, authorities said. About 15 cars jumped the tracks early on Sunday near this town in Ontario province, police Sergeant John
        52 words
      • Article
        Continental's creditors impatient
        83 28 HOUSTON A Continental Airline spokesman said the company's creditors have asked a US bankruptcy judge for the right to file their own representation plan for the airline. A report in the Houston Chronicle said the creditors were impatient with the airline's failure thus far to file a
        83 words
    • Article, Illustration
      Lock icon Building up the competition
      898 28 Angus Foster reports on the port and infrastructure projects going on in Guangdong FT IN CHINA'S Guangdong province, across the border from Hongkong, port and other infrastructure projects are underway which will reinforce the area's role as the power house and funnel for southern China's exports.
      FT  -  898 words
    • Article
      WEEKLY FREIGHTS
      487 28 After low levels of activity prompted losses at the beginning of the week, firmer rates on the US Gulf/Japan route allowed the market to bounce back close to previous levels, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index finished at 1.456, down just four
      487 words
    • Article
      DAILY FREIGHTS
      545 28 DRY CARGO freight futures closed on Monday mostly with extended gains after a higher than expected rise in the BFI lifted sentiment, traders said. Most active Oct rose eight points to 1,678 with dealers reporting good two-way trading. However, Sept shed 14 points to 1,625 on profit-taking after
      545 words
    • Article
      THE SHIPPING GUIDE
      9636 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,636 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        683 43 Vo1 w> Barth km* PgHrtae Vessel Voy No Berth Arrival Marina Terminal 1 Pac Banaga 391 P04 1308/2230 u 08/1500 Btm Bahagia *****1 M03 abrade 13 08/2300 Brooke 22E P03 1* 08/1400 15 08/1830 CJanonvisitp 03/91 M04 ato reside 1408/0900 Shenandoah 28 P04 1408/2300 1508/0700 Citra Jaya
        683 words
      • Article
        CONTAINER SCHEDULE
        920 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO a* Voy No Etb/Btr Record 1 Period 1 Boohing/Babnce rom fo 1 lifts rom ACX Daisy 17B 16/1800 3 4 14/0700 14/1200 ATE 9 1 9 1 14/1400 14/1700 Ad Goncharov 46SI91 14/1500 1 13/1500 13/165 9 13/1900 Al Muharraq
        920 words
    • Article, Illustration
      Lock icon Delta deal likely to ensure Pan Am's survival
      623 44 NYT NEW YORK Pan American World Airways won court permission on Monday to sell some of its prized assets to Delta Air Lines Inc in a US$l.7 billion (552.9 billion) deal. The agreement, reached barely 14 hours after Pan Am's creditors embraced
      NYT  -  623 words
    • Article
      Lock icon UK-Italian venture to build toll road
      157 44 FT LONDON A joint venture between Trafalgar House, the UK construction to hotels group and Italstat, Europe's biggest toll road operator, has won a 53-year concession to build Britain's first privately financed toll motorway. Mr Christopher Chope, UK minister for Roads, said the 30-mile
      FT  -  157 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      16 27 Lines and services represented by /Zgii&sl Members ef the Registry of Accredited Singapore National Ship- \Xj£jj
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      Page 27 Advertisements Column 2
      269 27 SINGAPORE'S NEW FORCE IN VESSEL MAINTENANCE UNDERWATER j|P%SHIPCARE PTE. LTD. COMPREHENSIVE SERVICE WITH PROVEN EXPERT'SE Tel: *****11 The Specialists m f ox g£2 471 1 underwater shipcare •T A RS ***** U.VSC ■ESSS Eir.^rXlj The Straits Times Weekly Overseas Editioa A crisp summary of happenings in Singapore. Politics, the economy,
      269 words
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      Page 27 Advertisements Column 3
      30 27 Contaner SdwMe 17 Daly FragMs 2 Index to Advertisers 1 Shippr« Gude 10.11 m Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Condrtnm 17 Weekly FrogNs 2
      30 words
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      94 28 1; i v X > I r> V -I 4/ '>/ 1 •'<> v 4 iw' v -4 S ra*. w- SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad. 11 II t*. i c i i Ar> d by foreign professionals too.
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2102 29 OOCL <S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: 224Q209 BOOKINGS TEL: *****34 *****58 IVAJLUJIVI TERMINAUCFS TEL: *****18 220 1 EMMMJ r PESAKA JARDINE SHIPPING AGENCIES SDN. BHD A PORT KELANG TEL: *****18 FAX: *****91/3672/88 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 ■MPIMM Dedicated to Quality Service imfnMM
      2,102 words
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      Page 29 Advertisements Column 2
      2224 29 TRANSPORT DIARY Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Claims of International Trade Specific Issues, Contextual Practice and Operational Process, organised by Facs World at Cartton Hotel. Sept 14-18:
      2,224 words
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      Page 29 Advertisements Column 3
      1615 29 r p..l.Md,L-l!JIIJIJ f TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS Vessel Voy ETA I ETD "Port Penang I DESTINATIONS Singapore Keiang Th.s want MMT* 9ioe f—o* oy ®2EEBnEE»X23HEEw!!I3OE!3E!Z!3HEI^^^E22MMi 20/8 oeoo hrs Pinto M HBH WKM CFS 19/8 2356 MRS OAK LGB HOU MEM ATL MIA CHS BAL
      1,615 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1125 30 Irottedam/J i VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONDON EXPRESS 03/132 16/8 7/9 4/9 3/9 KITANO 09/332 17/8 4/9 6/9 9/9 10/9 [lUjJjia! HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 u L wrtTKXJKO P HANNOVER EXPRESS 04/333 25/8 11/9 13/9 16/9 17/9 »■>« KATSURAGI 07/134 29/8 21/9
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      Page 30 Advertisements Column 2
      669 30 ISEASPAC SERVICE DIRECT SOUTH PACFIC SERVICE SIN NCXJ SUV PPT IS LA FLOREAMA 2509E8 2/9 18/9 21/9 26/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOM, PAGO PAGO. APIA I NUKUALOAFA MRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF STO VAP CLX IS LA FLOfIEANA 2509E8 2/9 9/10 10/10 13/10 15/10
      669 words
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      1599 30 ■Ba awn mm* smks REGULAR INDEPENDENT FULL CONTAINER SERVICE j w£STß6und for Europe ttl/ifOY SM ALfi Ba HAM BRE ROT AKT FEL LHI 4 (VIA (VIA (VIA ALfi) HAM) ROT) NORASIA PRINCESS 9123-3 IS/OS 08/09 11/09 13/09 14/09 15/09 18/09 17/09 lt/09 i JAPAN-SEA 1241* 25/08 15/09 17/09 20/09 21/09
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      2034 31 sjg Steamers Maritime Holdings Ltd tEjTp&o I ITM STRAITS SHIPPING I WBk Containers Wlli' I f:ll t' H !KH i't'l Hi MI 111 1 umi JllTnjilH t*l N* Pa«/ -t-PW S'pari *lf Sou Art Rat Htf t < l*oof MAERSX *10* 10/01 12/ OS 14/0* 20/00 01/00 02/00 04/00 "rjjTA®
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      Page 31 Advertisements Column 2
      2220 31 B^^virrvTTlTrllTTM TO: U.S.AJPANAMA FM: U.S.AJPANAMA WMtL yQT V OM 161 CM f0» Ml WW NTC W«l »OT MTC NOK M» CM IM OM cmovmg nn DIM i7/i n/o u/o a/i 17/1 n/o a/t 1/10 am omund waits >«// »/7 UEJMCAN SNA TO* (Fill 14/1 11/ l M/t 5/11 XMTW Willi
      2,220 words
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      Page 31 Advertisements Column 3
      389 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS mm Ivor sp [p5 [mc [m sown 1 "55 mm *uto li 15/ i ~wi TANJUK EMU It 15/5 15 CMC CHNIENGDI 1 1 17/ i ua um "is 15/ i ism iun li a/i "SI mm moor 15 !57i
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      544 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINEBSHIP SERVICE TO EUROPE VSL/VOV STORE HMM/UMM HTMC BREMEN MTNEV WTAI/23W S/9 9/10 15/10 is/It 22/11 MRIMUM/30NB 7/10 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERISED CARGO Sutoftct lo Mucwnml Also accepting cargo to Casablanca. Port Said, Port Alexandria, Ganoa. Trlasta. ALSO ACCEPTING BOTH CONTAINERS.
      544 words
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      Page 32 Advertisements Column 2
      934 32 l I V/ HANJIN SHIPPING IS'por.lLEH RTM ANR HAM BRV FEE FEEDER VSL SM UK HAUL LGB OAK I HANJIN SPORE 002* 20/8 6/9 7/9 8/9 8/9 9/9 10/9 HANJM HAMBURG 007E 20/1 DMECT 8/9 12/8 HANJIN MASAN 064N 25/8 12/9 13/9 14/9 14/9 15/9 16/9 HANJM KUNSAN 064E 3/8
      934 words
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      Page 32 Advertisements Column 3
      69 32 tmCA UK. MOT. NtHTH SOUTH MRU HCFC MO MMN OCUN VESSELS AVAILABLE FOR SALE/CHARTER^RANSHIPM^NT -SONO THAO" -WAftHI MHUm/TRSMR •A VKMKL" M ADRA6/C ALCUTTA/CMTTAOONO/KANOOON «M 1 "AARON r ■KK/«ATTAHr/VUNOTAU/PMNOM «NH 11/M1 •A VIML' COLOMSO/OUBAI/OAMMAM/KUWAIT WW I "A V«L" JMJOAH/HOOOOAM/AOAaA HJ%I% 1 •O. SCRAVA- MN BATAM WCTKLY SCRVtCCS TMC SHIPPING/A AARON ORIENT
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      Page 32 Advertisements Column 4
      1270 32 d -1H •TEJH'TBb Im»mniuMiiToiKriiimuucKiiiiKMMniiriKNtcMPA m fl i somrr k-037 is/i lt/t a/i a/i n/t x/i a/i a/i x/i 31/1 z/i u/i s/i vn a/i 1/1* 1/1111/11 11/11 u/u 21/11 2/11 1/11 mi I E B.WT K-4KQ 21/1 2/1 ?7/l »/l Jl/I 2/f S/l 7/1 2»/» 2/N VN i/ll WN D/M
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      2017 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS- NEPTUNELINKTEL *****00 'l USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 k AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 m£||£ FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 w3ps neplineSDNbhdMalaysia K.L.-(03) *****33, P. Kelang-(03) *****87,
      2,017 words
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      Page 33 Advertisements Column 2
      1035 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES I EASTBOUM?-«SCHM6WG WESTBQUN)-LQAD»I6 TUVBWTED VIA ROTTERDAM ran in Vai |ml* [wis
      1,035 words
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      1527 34 ICR No: **********0 M) W W V AS AQENTS: KAWASAKI SINGAPORE (PTE) LTD md TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 1/ MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD T TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa, tel: jkt
      1,527 words
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      Page 34 Advertisements Column 2
      710 34 I© PHIU-Oftl€NT LIN€S PT€ LTD f l 108 Robinson Road #07-00 GMG Building Singapore 0106 J *****22/*****69/*****00 Totox: RS ***** PHIU FAX: *****76/2226*6 rf* BY AIR, LAND OR SEA..„. WE TAKE ON THE WORLD FOR YOU flfltf ty® MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 1 20 AUG MONTREAL, OTTAWA, TORONTO.
      710 words
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      Page 34 Advertisements Column 3
      402 34 f GOLDEN LINE TL GUAN GUAN SHIPPING |gS>?A (PTE) LTD 1 3, Tt*«* A*er street SINGAPORE 010* TEL SJ43M (10 LSMCS) Far *****04 (cr No ioi2Ksooomr) »miT»/wi>uw cult inwc« S pore F> Kelani Pen** l SOU** MA*R [Mi lUrx* Onto 20/21 »m SOLOtH KM Cofcxnoo lUiacfti Dabu 2/0 I# t*a
      402 words
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      1541 35 PACIFIC INTERNATIONAL LINES (PTE) LTD m I *mm Mi UrnKM Ptt- Building, 140 Cecil Street #03-00, Singapore 0106. i [JAKARTA ~1 [BANGKOK 1 .VESSEL VOY SIN JKT SIN VESSEL VOY SIN SKK SIN OUNQA TERATAI 333 18/8 21/9 25/» KOTA PAHLAWAN >130 17/9 20/8 24/8 IfIUATAB u4a IKU 4ija mib
      1,541 words
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      Page 35 Advertisements Column 2
      1107 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT W VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Afosa 278 15/8 31/8 1/9 2/9 4/9 Nedlloyd To*yo 276 15/8
      1,107 words
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      Page 35 Advertisements Column 3
      420 35 M MYANMA walk FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) > Sport P.Kit Ptn P.Gdc HPA-AN VIMW 14/18 Auf U/» M MYOMA TWA VI3CW 15/11 Auf 21/24 Auf 11/20 Auf AVA VIIOW 20/25 A* RATHE* VII3H 19/21 Auf 17/11 Auf THE BANK LINE (A of And
      420 words
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      Page 38 Advertisements Column 1
      705 38 TO AUSTRALIA/NEW ZEALAND |fr*» |lfc» |S»d |hick |NPE |P CHALM 3nS 175 M/i n/t SiT aTi i/T" 575 ellen mm nS" »7i 1/5 Tn~ n/» i»/» n/» 1575 RRwn. "7 TS7T~ Tt/5 ~tv%~ 1575 1/10 i/io ~5715 C. KMUC 278 2575 2/18 7/18 12/10 TS7IT 20/10 TO USA/CANADA wi [S
      705 words
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      Page 38 Advertisements Column 2
      748 38 OUTBOWD YOY PKI PEN MT SW MM. HKG KAO Kg TYO ttU NOP KOB II VCSSa YOY l«N |PKL PEN BLW SIN «C 1 OABY 178 18.8 *9.8 13.8 168 22 8 27.8 28 8 298 EQUATOR PRCE 58 15.1 18J 174 C. CARRg 18 *16.8 15.8 20.8 24.8 28.8
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      Page 38 Advertisements Column 3
      209 38 jf ~PE RUSAH AAN PELAYARAhfj iXM KALIMANTAN r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK WWMI ETA/ETD DESTINATION I NIAGA 42 Voy 13/91 15/16 Au| Jakarta/Palembang i l MAGA XXI Voy 18/91 19/20 Aug Jakarta/Palembang I NIAGA XXN Voy 19/91 22/23 Aug jakarta/Patanbang I NIAGA 42 Voy 14/91 26/27 Au| Jakarta/Palembang
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      Page 38 Advertisements Column 4
      1674 38 I/CZ CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE Malaysia's agents SINGAPORE'S GENERAL AGENTS: mmmi agents: CHUNG CHIAO SHIPPING SON BHD CO STAR SHIPPING PTE LTD GLOBAL PUTRA •U- TEL: *****51/17 FAI *****52. ***** r,C UU INDONESIA MARITIME t. KLANG TEL *****M/I U HA MM) Jg" 2 ™W»1133 JWRIMIR RRMUIMC
      1,674 words
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      Page 39 Advertisements Column 1
      619 39 Bjaiiliiiiii GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 25.MT HONG KONG ig.g,9i BUS** 18.8.91 BANGKOK 18.8.91 e "*OPE 18.8.91 TOKYO/KOBE/YOKOHAMA 18.8.91 US* 18.8.91 AUCKLAND 23.8.91 FREMANTLE 17.8.91 SYDNEY/MELBOURNE 21.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLVN TAY. SOPHIA BAY OH KAREN SIM FAST DKECT
      619 words
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      Page 39 Advertisements Column 2
      481 39 STicHHEuTIBS!^ TEL: *****33 (12 Llimg) m FAX: *****15/*****03 (X) TELEX: R8 ***** RISHIP (3 Llnoe) M§P\ Ethiopian shipping lines f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANCNNET 24W8 2S/OS OARESSALAAM. MOMBASA. DJIBOUTI ASS AS. MASSAWA ABYOT 2SWB 20/0« OARESSALAAM MOMBASA DJIBOUTI ASSAB.
      481 words
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      Page 39 Advertisements Column 3
      886 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n* eta eta SPORE NBT KELANG PENANC BLUE MUX 72/1 Loading for Mate ItUYAJ HUM) 21/8 Loading for Calcutta OOLPfON 23/8 Loading For Malt nodi sum* 16/8 Loading For Malt DONAAULM In Port Loaded For Fetrararu progress überty 22/8 in Ron i«/
      886 words
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      Page 39 Advertisements Column 4
      829 39 JAKARTA BANGKOK m*m Wl M ST WT WMWi MWKW MSA S 61 taPt 17/8 NAWTA BHUM 53N THw 15/8 tm 18/8 DANA BHUM 104S 17/S 2»/8 CHAIYA MM#* 19N 3m U/B SM 21/8 OASA 8 82 21/8 N/8 MAHA BHUM# 78N to 18/8 «to 21/8 WAHA MM 105S 24/8 27/8
      829 words
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      Page 40 Advertisements Column 1
      1261 40 S'PORE IMPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (068) *****0 MEDAN: (061)*****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS j COLOMBO/S. AFRICA PEN PK SIN PEN PK S,N yj/Q /Dh Colombo 13/8 14/8 15/8 13/8 l/« I rn_L D"1»n/Pt Louis
      1,261 words
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      Page 40 Advertisements Column 2
      310 40 ffefc BLUE star line TO FROM /NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm m. AKL ITT SM MAHSURI 0502 27/$ NH- 10/« 27/9 F*OSf€CT 14S 1/9 20/9 VW NPI 22/9 UANDAMA 0504 21/9 3/10 Vl* NPI 5/10 22/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW
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      Page 40 Advertisements Column 3
      902 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO JCONVENTIONAL/CONTAINER I CONTAINER SERVICES Singapore to west Malaysia Singapore to west Malaysia HISSEL IvOT |ETA IDEST VESSEL VOT SPOtE P. HEUUW
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      Page 40 Advertisements Column 4
      319 40 f NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLDATKWS TO A WDER VARETY OF PORTS. PORTS FREQUENCY/MTH ETA SM TRANSIT TME AUCKLAND 3 SALM6S 27/01 14 DATS BANGKOK 4 SALMGS 17/ OS 3 DATS CALCUTTA 4 SALMGS 17/ M 5 DATS CHITTAGONG 4 SALMGS 24/00 5 DATS COLOMBO
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      Page 41 Advertisements Column 1
      752 41 \SS^^^companE^EßUANA^^ \BEdL DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG WEAKBULK/FCL/SOC CARGOES TO/HtOM CAILAO, MATARAN, 10* 1 OTHER PERUVIAN PORTS* *ITH T/S AT KOBE ON CPV THROUGH BIL OF LADING. Pmm(* P. (IN W>P«I EH* ****"fTT h Pt/14 Auf 15/16 hut SHtfltfYOfn 01/02 s«pt 03/05 Uqi IHOMASEVERETT 03/05 Oct 0«/0« Oct 11/12
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      Page 41 Advertisements Column 2
      527 41 va tow [STORt [NWNIWDI [lax ksi Isav fcne hn ZM TIMTE UK 15/« rn KOREA 10/» lt/t Wt M/l ft/1 LEE NAM) 21/1 2M HONGKONG 21/» 34/S 4/11 (/It 4/14 ZM OSAKA IK 27/1 ZM KEEIUNG 2/10 U/14 IS/ia 17/18 1»/1» at swney i2K t/t m auu u/io 21/11 27/10
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      Page 41 Advertisements Column 3
      588 41 MULTI-MODE SHIPPING PTC LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTMO FCL/LCL DUBAI DAMMAN SHARJAH. DOHA. MUSCAT. BAHRAM AKJ DHABI BAN OAR ABBAS. It DO AH FAR EAST ACCEPTING FCL/LCL PtHANC P/KELANG. JAKARTA, BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TI BURY, ABERDEEN. LE HARVE. HAMBURG. ROTTEROAM
      588 words
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      Page 41 Advertisements Column 4
      588 41 to PERINTIS LINE I d. ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOY SIN JKT SBY PRASETIA 189 A 15/08 18/08 PELOPOR 1001 17/08 20/08 D6RAJAT 950 20/08 23/08 PRASETIA 191 A 22/08 25/08 PELOPOR 1002 24/08 27/08 TANTO UTAMA 185 16/08 19/08 TANTO UTAMA 187 24/08 27/08
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      Page 41 Advertisements Column 5
      381 41 SW FU EAST 15/8 KEELUNG/KAOHSIUNG 18/8 BANGKOK 17/8 MANIIA/CEBU 17/8 JAKARTA/BELAWAN/SURABAYA 17/8 PORT KELANG/PENANG/E. Malaysia 19/8 BUSAN 19/8 TOKYO/YOKO/KOBE/NGO/OSA 18/8 HONG KONG SIN CHINA 18/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN ElttOK/UK 18/8 LDN/FLX/LVP/SOU 18/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 17/8 LOS
      381 words
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      667 42 wHSSsnDßEßmasan SINGAPORE CHITTAGONG FULL CONTAINER FEEDER SERVICE (ALSO ACCEPTING LCL CARGOES) SINGAPORE CHITTAGONG MONGLA CALCUTTA VESSEL VOYAGE HQS. ETA ETD ETA ETD ETA ETD ETA ETD WESER STAR 9117 18/8 19/8 24/8 27/8 FONG SHAN 9117 19/8 20/8 26/8 31/8 FONG SOON _9101 23/8 24/8 28/8 2/9 FONG YUN *****
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      Page 42 Advertisements Column 2
      503 42 EMontermJ CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 16 AUG ALSO ACCEPTING CARGOES TO:POUT VESSEL HA NEXT BANGKOK CONTERM f. PWOttSS 20/» 27/1 JAKARTA CONTERM EDCN 29/1 27/1 PENANG CONTERM A. BHUM IS/S PORT KELANG CONTERM SEROM 17/t 24/1 EUROPE CONTERM HJ SMGAPORE 11/ l »/l AUCKLAND CONTERM
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      Page 42 Advertisements Column 3
      432 42 Citfy con-uim J ||jj|^ General A§wits: 7&WTZ//V/C tp/i PENANG- KL:au.HD4.MK SINGAPORE: Soffr 04-*****2 *****8055 778 «522(M UNESI (3EJS) Marina Onfl Suun Ng/Phlllp Km Irene Cheng/Eather Yap PLATOU PACIFIC I V 1 SHIPPING SERVICES V REGULAR FAN EAST H. AMERICA BREAK BULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: *****69
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      Page 42 Advertisements Column 4
      413 42 MANILA ETA VIGOUR PACIFIC 43W8 17/8 VIGOUR SWGAPOUR 7N6 24/8 BANGKOK 17/8 24/8 BUSAH 18/8 20/8 HONGKONG 18/8 20/8 DORBAN/PT LOUtS 27/8 12/9 KEELUNG 15/8 22/8 U.S.A. 18/8 25/8 PT KEUWG 19/8 22/8 KOBE 18/8 25/8 PIRAEUS 19/8 2/9 OSAKA 21/8 28/8 JAKARTA 19/8 22/8 SURABAYA 19/8 22/8 IVQr*l CHINESE-POLISH
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      Page 43 Advertisements Column 1
      352 43 vOc vOc vCZ> c O c vOc \Oc\Oc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIOATOR WITH WORLDWIDE NETWORK V J Weekly FCLACL Services To/From USA EUROPE FAR EAST > Baltimofe Volaner Consolidation Services Hamburg: Van Ommeren Hamburg GmbH. S'pore: Van
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      Page 43 Advertisements Column 2
      615 43 >Nedhoyd HEDLLOYD YOUR T Nedlloyd Lines GATEWAY TO EUROPE/MEDITERRANEAN IN 1992 I NEW ZEALAND/FUI I VESSEL Jkt P.Kg "Pen *Bkk Sin Sbaya Auckland Fiji(A) I ".Plymouth(*) Tim*" lyttolton(B) OmmIi(B) Nap* Wefcgton(C) Tauranga N Rochester/9119 10/8 12/8 11/8 11/8 14/8 17/8 30/8 12/9 1/9 2/9 J/9 3/9 4/9 5/9 6/9 N
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      295 43 TIDES AND WEATHER TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 (MOO 0500 0(00 0700 0100 0M******************** ISM 1600 17M1M019M 20M 21M 22M 23M JR 2.6 3.0 3.1 2.9 13 16 1.1 06 0.4 0.4 0.7 1.3 2.0 2.5 11 2.6 13 1.7 LI 0.7 0.4 0.5 0.7 1.2
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      Page 44 Advertisements Column 1
      816 44 CHARTPOINT Every Saturday in Business Times HYUNDAI I MERCHANT MARINE CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEBT FEEDER WT H m la LOEHAUL YOT LBH OAK SEA LM HAUL WT TCM/SEA PTL WAN HAI 202 02« 12/01 13/01 15/01 H. CHALLENGER ME 09/09 14/00 17/00 BAT BRDGE
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      Page 44 Advertisements Column 2
      161 44 PASIR GUDANG/SINGAPORE TWICE WEEKLY SAVINGS fRJEtSAT) VESSEL VOY P.GUDAN6 STORE JOSINDO SATU 025$ 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 028S 26/8 27/8 029S 30/8 31/8 030S 02/9 03/9 RASIR GUDANG SINGAPORE (DT) *****0/*****1 (02)534-0042 f A W 4 A m W M Bk. TAW m r» M— I
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      Page 44 Advertisements Column 3
      545 44 CHARTPOINT Every Saturday in Business Times |Sm Freight Management Group S,N PEN PKL W\\ Phone: *****11 *****8 *****98 from Fax: *****59 *****8 *****88 JOH JKT MNL jQuZT Phone: *****2 *****66 *****76 I FaX: *****6 *****14 *****79 1 BSB BKK Syst&fri for your ..hinmontt 7/ Phone: *****3 *****29 «no t-VB Fax;
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