The Business Times, 16 August 1991

Microfilm: NL17608
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Friday, August 16, 1991 75*
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  • NEWS SUMMARY
    • Article
      Indonesia, China to set up shipping consortium
      67 1 JAKARTA Indonesia and China plan to set up a commercial shipping consortium soon to support trade between the two countries, the head of the Indonesian Association of Shipping Companies (Insa) said yesterday. Insa chairman Muntaqa was quoted by the Antara news agency as
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    • Article
      US housing starts up 3.7 pc in July
      63 1 WASHINGTON American housing starts rose 37 p-nt-m in July, the fourth tun*xu«itc monthly advance. Ihc cmmem said yesterday in a report suggesting a slow but «tead> recovery from the slump It was the fifth increase in six months. Except for a slip
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    • Article
      Possible return
      33 1 A RETURN of above 14 to 15 per cent is currently attainable for industrial space for hightech companies, says an associate director of Knight Frank Cheong Hock Chye Bailieu Page 2
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    • Article
      Indonesian coal plan
      23 1 INDONESIA has plans to boosts its coal exports to relieve the country's overwhelming dependence on oil for revenue Page 7
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    • Article
      Investment squeeze
      22 1 THE TURMOIL in Japan's financial markets, compounded by the securities industry scandal, is steadily eroding its investment capabilities. Page 8
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    • Article
      Job losses in UK
      29 1 A SURVEY by Britain's leading engineering trades union shows that the country's manufacturing industry has announced 122,000 job losses so far this year Page 8
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    • Article
      Trick of the trade
      32 1 SOFT commissions: Tokyo has been rocked by its excesses. London allows it. New York permits some of it. Singapore is just beginning to talk about it Page 10
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    • Article
      From stage to screen
      25 1 DAVID MAMET's Glengarry Glen Ross has beat the txlds and is successfully making the trip from stage to screen. Page 13
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    • Article
      Eva spreading wings
      40 1 TAIWANESE private airline Eva Air, which is aiming to capture a slice of the country's international aviation business, has plans to spread its wings even further afield to include destinations in the US. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      35 1 THE US stock market advanced early yesterday amid the prospect of lower interest rates. The Dow Jones average of 30 industrial stocks was up 10.28 to 3,015.65 in the first hour of trading.
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    • Article
      Footsie higher
      37 1 SHARES in London were higher at midday yesterday on optimism for a recovery in the British economy. At about 1115 GMT, the FTSE 100Share Index was up 9.6 points, or 0.4 per cent, at 2,618.4.
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    • Article
      Cerebos Pac expands
      23 1 CEREBOS PACIFIC will ex- pand by pushing its home- grown chicken essence into Japan. and possibly even Vietnam Page 3
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    • Article
      Turnaround for Dunlop
      40 1 CLOB-LISTED Dunlop Estates has reported group earnings of MS 15.8 million (SS9.B I million) for the six months ending June, up from a loss of MS 1.37 million in the same j period last year Page 3
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    • Article
      Backing for bid
      27 1 TWO of Australia's largest institutional investors will back a local syndicate's bid against i foreign-backed rivals for the John Fairfax Group. Page 4 i
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    • Article
      Big deal for Fuji Bank
      37 1 FUJI BANK is arranging one of the biggest loan syndications in the region a U551,433 billion (about 552.5 billion) project financing for an aromatic plant to be built in Indonesia Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 685.95 -8.57 Kuala Lumpur ....550.92 -18.66 Tokyo 23,018.68 -374.62 Hongkong 4,073.34 -5.67 Sydney 1557.0 +4.9 Wednesday Change New York 3005.37 -3.35 London 2608.8 +23.9
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.7210 100 Yen S$ 1.2599 MS SS 0.6205 Money market rates Overnight 4-3/4% -7/16 3-month 5-1/8 -1/8
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS358.00 USS 1.50 Pnhhar rYUDOQT S'pore Sep 140.25'/kg unch M'sia Sep 226.50*/kg unch KL Tin Turnover 20 tonnes +3 Spot MS 15.36/kg -4 Crude oalm oil Turnover 1,758 lots -87
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  • Article, Illustration
    KL sees Afta a reality 10 years after commitment
    503 1  -  Exclusive interview with Rafidah Aziz From Kenneth James in KUALA LUMPUR MALAYSIA, which along with Singapore has endorsed a Thai proposal for an Asean Free Trade Area (Afta), believes that 10 years will be sufficient to bring the idea to fruition
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  • Article, Illustration
    Dickson Poon buys upmarket London store
    436 1  -  HK tycoon pays £53.7 m for Harvey Nichols By Salil Tripathi FLAMBOYANT Hongkongbased retail tycoon Dickson Poon has cast his net wide to Britain. His retail flagship, Dickson Concepts, has paid £53.7 million (about Ssll2 million) to buy upmarket London store Harvey Nichols from
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  • Article
    Lock icon Bundesbank raises key discount and Lombard rates
    279 1 Reuter FRANKFURT The Bundesbank raised its key discount rate to 7.5 per cent from 6.5 per cent and its Lombard emergency funding rate for commercial banks to 9.25 per cent, from 9 per cent, effective from today. The German central bank said in
    Reuter  -  279 words
  • Article, Illustration
    PAP confident of winning more votes
    568 1  -  General Election '91 By Anna Teo BUILDING on its track record, the People's Action Party goes to the polls urging the electorate to go for more good years. And it is confident of increasing its share of votes this round. The slogan "Go for
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  • Article
    KL stocks suffer this year's biggest fall
    112 1 THE Malaysian stock market registered its largest singleday fall this year, as share prices plunged yesterday in response to a new monetary package aimed at keeping a lid on consumer spending and galloping inflation. The Composite Index of Kuala Lumpur Stock Exchange (KLSE)
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      10 1 BT investment race: Turn to Pg 6 for money coupon
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Fast Forward for other companies too
        73 2 FOOD and beverage manufacturer Yeo Hiap Seng (YHS) will be extending the facilities of its newly-opened Fast Forward Training Centre to participants from other companies. Speaking at the opening ceremony of the centre yesterday, YHS chairman and managing director Alan Yeo said that more
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      • Article
        13 bids for shophouse
        108 2 THIRTEEN bids have been received for the sale of a shophouse at the Boat Quay Conservation Area. The two-storey shophouse at No 15, South Bridge Road, attracted bids ranging from a high of $705,000 to a low of $103,500. The top tenderer, Poh Check, is therefore
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      • Article
        Beaufort starts recruiting
        94 2 THE soon-to-be-opened Beaufort Hotel on Sentosa Island is embarking on an aggressive recruitment campaign planned to attract 270 staff. It is offering a consolidated salary structure, meaning a fixed salary, compared with the basic-plus-service-points system used by most hotels in Singapore. Staff will also work on a
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      • Article
        New consultancy package
        96 2 LOCAL enterprises which want to do market surveys and other types of business planning will be able to do so through a new consultancy package offered by the Enterprise Promotion Centres (EPC). The package, the "Total Market Development Services" is made up of three parts: market research,
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    • Article
      Singapore trade centre in Rotterdam doing well
      271 2 THE Singapore Trade Distribution Centre (STDC) in Rotterdam, officially opened in June this year, has already achieved a 60-70 per cent occupancy rate. Speaking at a press conference yesterday, Dr A Peper, the Mayor of Rotterdam, said that a proposal to set up
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    • Article
      Technology park developers can expect 12pc return
      352 2  -  By Colin Tan SUPPLIERS of industrial space for high-tech companies can expect a net return on equity of at least 12 per cent for the medium term. This compares favourably with the average 11 per cent return currently obtainable on conventional factory space.
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    • Article
      Study of trans-Asean gas pipeline coming up
      163 2 THE ambitious trans-Asean natural gas pipeline moves a step nearer to existence with a feasibility study. A four-member delegation from the Commission of the European Community (CEC) will be in Singapore next week to discuss, among other things, details of the feasibility study
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    • Article
      'Significant' documents received, case adjourned
      267 2 Pertamina hearing THE on-going Pertamina case took a new turn yesterday when the High Court adjourned the case to Monday, Aug 19, acting upon application by Michael Sherrard, Queen's Counsel. He applied for adjournment after getting documents from Sumitomo Bank that he termed were "plainly
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    • Article
      PAP presents two new candidates
      174 2 General Election '91 THE FIRST two candidates the People's Action Party presented to the electorate yesterday are familiar faces, no newcomers to the political arena. Mohamad Maidin Packer Mohd and Matthias Yao, both in their mid-30s, have each been a political secretary for the last
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    • Article, Illustration
      Mohamad Maidin Packer Mohd
      330 2 IF THERE remains a rift between the races in Singapore, it is not a new, nor growing, problem, said journalist turned political secretary Mohamad Maidin. There have, in fact, been heartening signs and instances of growing social cohesiveness. For instance, back in 1981, the newly-established council
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    • Article, Illustration
      Matthias Yao Chih
      371 2 AS POLITICAL Secretary to the Prime Minister, Matthias Yao assists Goh Chok Tong in both his official and constituency work. He has in fact conducted meet-the-peo-ple sessions on Mr Goh's behalf at Marine Parade for the past three years, and has been advising grassroots leaders there on
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    • Article
      Opposition rushing to get ready
      295 2  -  By! Shoeb Kagda OPPOSITION political parties, caught off-guard by the snap elections, are working furiously to put together election strategies before nomination day. The two largest opposition parties, the Singapore Democratic Party (SDP) and the Workers' Party (WP), said that they would avoid clashing with
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      Page 2 Advertisements Column 1
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      9 2 Managers must manage BT shows you how, every Monday
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  • COMPANY NEWS 1
    • Article, Illustration
      Cerebos preparing to penetrate markets in Japan and Vietnam
      422 3  -  By Genevieve Cua AS IT presses on with its search for acquisitions, Cerebos Pacific will expand by pushing its homegrown chicken essence into Japan, and possibly even Vietnam. At the same time, the group will explore new niches in Singapore through
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    • Article, Illustration
      DBS Land to net $11m profit from property sales
      284 3  -  By Lee Han Shih DBS LAND has entered into agreements to sell eight properties for $36 million, the completion of which will give it an attributable profit of $11.1 million. A company release yesterday said the properties are two four-storey warehouses
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    • Article
      Lock icon SPKB boardroom tussle nears climax in EGM today
      302 3 Bernama KUALA LUMPUR Sharikat Permodalan Kebangsaan Bhd (SPKB) executive chairman Datuk Abdullah Ahmad is keeping his cards close to his chest as he faces today's battle to oust him in the long-running boardroom tussle. At yesterday's annual general meeting, Datuk Abdullah did
      Bernama  -  302 words
    • Article
      The wisdom of leaving goodwill out of the balance sheet
      654 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih IF CEREBOS Pacific were not majority-held by the Japanese Suntory group, its management might have good reason to worry about yet another takeover attempt in the works. There are many attractions
      654 words
    • Article
      Magnum brings Dunlop Estates back to the black
      381 3  -  By Quak Hiang Whai DUNLOP ESTATES, a member of the Multipurpose Holdings Bhd (MPHB) group, has returned to the black with group earnings of M 515.8 million for the six months ended June 30, 1991 against a loss of M 51.37 million
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    • Article
      Hong Fok apologises to SES for information delay
      311 3 THE Bottom Line article in yesterday's issue of BT led Hong Fok Corporation to apologise to the Stock Exchange of Singapore for a delay in informing shareholders of an important develop- ment. It has also evoked a j response from Pacific Carriers
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    • COMPANY BRIEFS
      • Article
        Metroplex to build two projects in Klang valley
        98 3 METROPLEX BHD will launch two property projects in the KJang valley early next year which are estimated to rake in about Ms47o million in sales, Metroplex Administration Sdn Bhd sales manager Mary Lam said yesterday. The Travers' condominium project, with 454 units,
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      • Article
        General Corp buys quarry
        62 3 GENERAL CORP BHD yesterday signed a letter of intent to acquire Trans-Crete Sdn Bhd's quarry assets in Masai, Johor, for M 519.5 million cash. The company said the proposed acquisition is expected to contribute about MS2 million to the group's earnings for the year ending Dec
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      • Article
        Federal Flour expects M$64m profit
        72 3 FEDERAL FLOUR MILLS BHD is projecting a group* pre-tax profit of about M 564.558 million for 1991 andexpects to declare a gross dividend of 11 per cent following the completion of its proposed rights and bonus issues. The company is proposing a rights issue of
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      • Article
        Computer Systems' China unit
        64 3 COMPUTER SYSTEMS ADVISERS' wholly-owned sul* sidiary, Automated Systems (HK) Ltd, has set up a new unit in China. Beijing Automated Computer Systems Co Ltd (BACS) is a wholly-owned subsidiary to provide computer technical services including research and develop* ment of computer software systems, and system design
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      • Article
        Gold Coin extends option deadline
        69 3 THE BOARD OF DIRECTORS of Gold Coin Ltd decided yesterday to extend the expiry date of the exercise period of the option agreement from Nov 15 to Jan 15. This decision was made after Wardley Ltd informed the board that thret substantial stockholders (Commissura AG,
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      • Article
        Timuran interim pre-tax 10pc up
        50 3 TIMURAN HOLDINGS BHD reported a 10 per cent increase in its unaudited pre-tax profit of MS 12.06 million for the six months ended June 30, compared to M$ 10.96 million a year ago. The company said its manufacturing subsidiaries showed good progress during the period.
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      • Article
        Idris to focus on existing business
        58 3 IDRIS HYDRAULIC (M) BHD, which expects to raise MS 141.697 million from a rights issue, will focus on strengthening the group's existing business, particularly in insurance, property and manufacturing, its chairman Tengr ku Ahmad Rithaudeen Ismail said. The company has undergone a period of
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    • Article, Illustration
      Lock icon Two top Aussie investors back local bid for Fairfax
      389 4 Reuter SYDNEY A local syndicate's bid against foreignbacked rivals for Australia's oldest media group John Fairfax Group was given a boost with the support of the country's two largest institutional investors. Melbourne-based Australian Independent Newspapers Pty Ltd (AIN), had the support
      Reuter  -  389 words
    • Article
      Lock icon San Miguel expects profits to double
      279 4 Projection based on strong first-half showing Reuter MANILA San Miguel Corp, the Philippine food and beverage giant, expects its net income to double this year after a strong first-half showing in which its profits rose sharply, a company spokesman said. San Miguel's net income
      Reuter  -  279 words
    • Article, Illustration
      Lock icon 6 Japanese firms bid for Soviet contract
      302 4 NYT TOKYO A total of six Japanese companies, five of them aligned with foreign firms, have entered bids on a US$9 billion (5515.5 billion) contract to develop gas and oil fields off the Soviet Union near the northern Japanese island of Hokkaido, one
      NYT  -  302 words
    • Article
      Lock icon Leighton group expects to maintain profit level
      292 4 Reuter SYDNEY Building and civil engineering group Leighton Holdings Ltd said it expects to maintain the level of profitability achieved over the past two years after reporting a slightly higher profit yesterday for 1990/91. Chief executive Wal King said the net profit of
      Reuter  -  292 words
    • COMPANY BRIEFS
      • Article
        Bond and exchange reach deal to avoid delisting
        84 4 SYDNEY Bond Corp Holdings Ltd said agreement has been reached with the Australian Stock Exchange to prevent the former brewing, property and resources group from being delisted. The agreement also stipulates that Bond Corp shares cannot be reinstated for quotation until the
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      • Article
        Thai olefins complex to take off
        83 4 BANGKOK Thailand's second olefins complex, the US$72O million (S$ 1.24 billion) project whose viability was once threatened by high construction costs and delays in concluding agreements with its industrial customers, now appears ready for take-off. Project promoter Thai Olefins Co (TOC) issued a "notice
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      • Article
        Homestake Gold explains loss
        86 4 ADELAIDE Homestake Gold of Australia Ltd said asset write-downs, the closure of two shafts at its Fimiston operation at Kalgoorlie and lower gold prices were behind a U5523.78 million (5540.9 million) net loss in the half year to June 30. But it said it expected ore
        86 words
      • Article
        JGC, Chiyoda in Bintulu bids
        81 4 TOKYO Major Japanese engineering firms JGC Corp and Chiyoda Corp said they placed bids for a closed tender to expand the Bintulu liquefied natural gas (LNG) complex in Sarawak. The tender, issued by Malaysia LNG Sdn and calling for the construction of three LNG plants
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      • Article
        ACM shares may fall warning
        39 4 SYDNEY Western Mining Corp Holdings Ltd and Normandy Poseidon Ltd said the share price of Australian Consolidated Minerals Ltd (ACM) could fall if their 90 cents a share joint takeover bid for ACM fails.
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    • Article, Illustration
      Lock icon Hanson's results offer no comfort to bid target ICI
      529 5 Third quarter profits at higher end of expectations Reuter LONDON Anglo-US conglomerate Hanson pic's third quarter profit statement on Wednesday provided little ammunition for potential target Imperial Chemical Industries pic to fend off a possible bid. Third quarter pre-tax profit of
      Reuter  -  529 words
    • Article
      Lock icon Digital Equipment faces antitrust suit
      190 5 Reuter ANAHEIM, California Micro Technology Inc said it has filed suit in federal court against Digital Equipment Corp for violating government antitrust laws and wilfully engaging in unfair business practices. It alleged Digital unlawfully controls the market for peripheral equipment, mainly disk and tape drives.
      Reuter  -  190 words
    • Article
      Lock icon Queens Moat hotel group expects better second-half results
      350 5 Reuter ROMFORD, England International hotels group Queens Moat Houses pic expects trading to pick up and profits for the full year to improve on last year. Chairman John Bairstow, while declining to give a profit forecast, said the company traditionally made 60
      Reuter  -  350 words
    • Article
      Lock icon Spanish fibre maker's debt talks deadlocked
      353 5 Reuter BARCELONA, Spain Struggling Spanish fibre maker La Seda de Barcelona SA is still without an agreement on a financing package with its creditor banks, which insist that Akzo NV pay debts owed by its former subsidiary. Almost three weeks after Akzo sold its
      Reuter  -  353 words
    • COMPANY BRIEFS
      • Article
        Atlantic City casino revenues up
        102 5 ATLANTIC CITY, New Jersey The New Jersey Casino Control Commission said July 1991 Atlantic City casino revenues rose 5.7 per cent to U*****.0 million (Sssls million) from $286.8 million, and that revenues at two of three Trump casinos fell. Of the Trump casinos, Taj Mahal
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      • Article
        Kodak files suit against Cetus
        100 5 EMERYVILLE, California Cetus Corp said Eastman Kodak Co filed a lawsuit seeking to prevent the transfer of Cetus' rights in GemeAmp polymerase chain reaction technology in the diagnostic area to F Hoffmann-La Roche and its US unit, Hoffmann-La Roche Inc. Hoffmann-La Roche, a unit of
        100 words
      • Article
        Coca-Cola production in Hainan
        60 5 HONGKONG Coca-Cola Co plans to start soft drink production officially in the southern Chinese island of Hainan in November, the Beijing-funded China News Service (CNS) said. Coca-Cola has established a US$l2 million joint venture company with China National Cereals, Oils and Foodstuffs Import and Export Corp
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      • Article
        Bilfinger interim earnings rise
        76 5 MANNHEIM, Germany German construction group Bilfinger und Berger Bau AG said earnings rose in the 1991 first half and it expects a further improvement in profits in the second half. But it provided no figures. The company in June said 1990 group net profit had risen
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      159 words
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  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Manny Hanny and Chemical split top jobs
        92 6 NEW YORK Merging Chemical Banking Corp and Manufacturers Hanover Corp announced 16 top executive appointments, splitting them evenly between current executives at the two New York money centre groups. Chemical Bank vicechairman Edward O'Neal, already tapped to head financial and technology services at
        92 words
      • Article
        German bank expects to do well
        89 6 DUSSELDORF German bank Trinkaus und Burkhardt KGaA, 70 per cent owned by Midland Bank pic, said that barring unforeseen events on the capital markets it expected the second 1991 half to be successful. It said group partial operating profit rose 26.2 per cent to
        89 words
      • Article
        NZ insurer to cut 104 jobs
        64 6 WELLINGTON National Mutual Life Association (New Zealand) Ltd said it would lay off 104 employees in New Zealand, mainly from its Wellington office. National Mutual, wholly-owned by National Mutual Life Association of Australasia Ltd, is New Zealand's second biggest insurance and pension fund manager
        64 words
      • Article
        Moody downgrades Fuji rating
        109 6 TOKYO Moody's Investors Service downgraded the credit ratings of the long-term debt of Fuji Bank and three overseas subsidiaries from AAI to AA3 on Wednesday to reflect the bank's increased "vulnerability" after a fraud scandal and high exposure to risky sectors of the economy. "The downgrade
        109 words
      • Article
        Credit for Soviet bank
        59 6 FRANKFURT Germany's Deutsche Bank AG on Wednesday said its Luxembourg subsidiary was arranging a credit of up to 500 million European currency units (about Ssl billion) for the Soviet Union's foreign trade bank to pay for food from the European Community. The 3'/2-year credit for Vnesheconombank
        59 words
      • Article
        US$30m loan for Thai projects
        116 6 SINGAPORE The Industrial Finance Corp of Thailand (IFCT) is borrowing US$3O million (about Sssl million) to fund development projects in Thailand. IFCT is the only state-owned industrial development financial institution, set up to promote private industrial enterprises and the domestic capital market in Thailand. IFCT
        116 words
      • Article
        Royal Insurance hit by losses
        96 6 LONDON Royal Insurance pic said half-year results were severely affected by a £65 million (about Ssl92 million) worsening of losses in the UK, which more than offset an overall improvement in results elsewhere. The composite insurance group earlier announced it made a pre-tax loss of
        96 words
    • Article
      Fuji Bank arranging US$1.4b loan for Sumatra chemical plant
      377 6  -  By Quak Hiang Whai FUJI BANK is putting together one of the biggest loan syndication in this region a U551,433 billion (about 552.5 billion) project financing for an aromatic plant to be built in Indonesia. The aromatic project planned by Indonesia's
      377 words
    • Article, Illustration
      Lock icon Japan's finance firms told to check for forged deposit certs
      354 6 Japan's financial scandal Agencies TOKYO Japan's Ministry of International Trade and Industry (Miti) has instructed Japan's 35 major leasing and credit companies to check whether they have lent money based on false deposit certificates, a Miti official said. The companies
      Agencies  -  354 words
    • Article
      Lock icon Lloyds and Midland seen as favourites
      533 6 MARKET TALK Reuter LONDON As the dust settles on the reporting season for UK banks, analysts have salvaged Lloyds Bank pic and Midland Bank pic from the wreckage as two promising stocks in a reces-sion-hit sector. Lloyds was cited as a favourite "safe buy"
      Reuter  -  533 words
    • Article
      Tokyo firm wants S'pore merchant bank licence
      358 6  -  By Quak Hiang Whai SINGAPORE Japanese broker Universal Securities has applied for a licence to operate a merchant bank in Singapore. If this is granted, it will join 16 of its compatriots who already are in the merchant banking community here. BT understands
      358 words
    • Article
      Lock icon Private Indon banks urged to meet rulings deadline
      320 6 AFP JAKARTA An extension sought by private Indonesian banks on a deadline to comply with international minimum capital rulings would only worsen their credibility 1 abroad. Bank Indonesia (BI), the central bank, has said. < The Kompas daily yesterday quoted BI spokesman-.
      AFP  -  320 words
    • Article
      Lock icon 2 suits against BA bid for Security Pac
      167 6 Agencies LOS ANGELES Two shareholder suits have been filed to block Bank America Corp's US$4 billion (Ss6.B billion) acquisition of Security Pacific Corp because they say the proposed deal is unfair. The suits were filed on Tuesday in Los Angeles' superior court
      Agencies  -  167 words
    • Article
      Lock icon Salomon could be debarred as dealer
      193 6 Reuter NEW YORK Salomon Brothers, a major dealer in US Treasury securities, disclosed on Wednesday new details of how it broke rules at government bond auctions and said it could be debarred as a primary dealer in government securities. Last Friday, the securities broking
      Reuter  -  193 words
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      Page 6 Advertisements Column 1
      185 6 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 Times, you will find a Contest Entry Form. On the
      185 words
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      Page 6 Advertisements Column 2
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  • THE REGION
    • Article
      Lock icon Indonesia has big plans to boost coal exports
      426 7 Move to ease dependence on oil revenue Reuter JAKARTA Indonesia, a rapidly growing producer of steaming coal, is set to expand exports to relieve the country's overwhelming dependence on oil for revenue. "The government has predicted that we might become a net
      Reuter  -  426 words
    • Article
      Lock icon Analysts split in NZ economy outlook
      228 7 Reuter WELLINGTON The Reserve Bank and some private forecasters appear to be split on the outlook for the New Zealand economy. Recent predictions by forecasters show they do not agree that any significant upward revision of New Zealand's economic growth data is expected to
      Reuter  -  228 words
    • Article, Illustration
      Lock icon Aussie economy shrinks 2.4 pc, rate cuts urged
      429 7 Agencies SYDNEY Australia's economy shrank 2.4 per cent in the year to June 30, according to data released yesterday, prompting economists to call for urgent interest rate cuts. "The recession is not even slowing down," said Dennis Mahoney, senior economist at Westpac
      Agencies  -  429 words
    • Article
      Lock icon New Laos president Kaysone most durable old-guard
      240 7 Reuter VIENTIANE, Laos Kaysone Phomvihanc, who was named President of Laos yesterday, has proved himself the most durable of Indochina's old-guard revolutionaries and has survived long enough to reverse his own failed communist policies. Mr Kaysone gave up the premiership to become president,
      Reuter  -  240 words
    • NOTE BOOK
      • Article
        Call for rules on Indon transition
        75 7 JAKARTA A senior Indonesian academic has called for a clear set of rules to guarantee a peaceful and constitutional change of leadership in the country, which will decide on its next presidency in 1993. "To guarantee a peaceful and constitutional change of leadership, Indonesia
        75 words
      • Article
        Jakarta may import Thai rice
        83 7 BANGKOK Indonesia may have to import rice from foreign countries, particularly Thailand, next year due to a severe drought that occurred in that country, said the Thai Agriculture Ministry on Wednesday. It said the drought hit Java, Indonesia's rice heartland, in June, damaging 15,150 hectares
        83 words
      • Article
        US shrugs off Viet overtures
        69 7 WASHINGTON The US has said it sees nothing new in the suggestion by Vietnam's new Prime Minister that Washington forget the past and normalise relations with its old enemy. State Department spokeswoman Sondra McCarty said on Wednesday: "We seek normalisation with Vietnam but this can
        69 words
      • Article
        Li Peng wants to mend Viet ties
        70 7 HANOI Chinese Premier Li Peng wants quick normalisation of ties with Vietnam, strained for more than 12 years by the Cambodian conflict, the Vietnamese press reported yesterday. In a congratulatory message to new Vietnamese Prime Minister Vo Van Kiet and published by the
        70 words
      • Article
        Thai growth pegged at 10pc
        52 7 BANGKOK Thailand's economic growth rate this year may be as high as 10 per cent. The secretary-general of the National Economic and Social Development Board, Phisit Pakkasem, said yesterday that economic growth would continue to be strong because exports and the tourism industry were on
        52 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      155 7 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? YiHV JUMP M jite? jJHjjftit/f A r JH THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo just complexes, Thai Cargo has all the facilities to safely
      155 words
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      Page 7 Advertisements Column 2
      14 7 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.
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  • THE WORLD
    • WORLD WATCH
      • Article
        US business body sees a return to recession
        70 8 WASHINGTON The US Chamber of Commerce has said the American economy is likely to dip back into recession during the fourth quarter. "The hoped-for increase in business inventories, which would cause the economy to rebound, will not happen," the chamber said in
        70 words
      • Article
        Bonn likely to lose much of debt
        73 8 BONN Germany is likely to lose much of the 23 billion deutschemarks (5522.8 billion) in trade-related debt that the Soviet Union and other former East Bloc countries owe to the former East Germany, according to officials in the Finance Ministry. They denied reports
        73 words
      • Article
        Hostage swap hopes dampened
        74 8 GENEVA The UN Secretary-General and an Israeli envoy have dampened speculation about an imminent hostage swap after a series of reports that a package deal was in the works to free Western hostages in Lebanon, Israeli captives and Arab prisoners. "It would be naive to expect
        74 words
      • Article
        Iraqi germ warfare threat seen
        57 8 UNITED NATIONS A UN biological weapons expert says Iraq has developed the capability of producing large quantities of deadly germ warfare agents. David Kelly, head of the first UN biological weapons inspection team to visit Iraq, told a news conference on Wednesday that Iraq's biological
        57 words
      • Article
        Japan offers anti-pollution aid
        98 8 BANGKOK Japan was to unveil a new aid programme yesterday designed to transfer the country's anti-pollution technology to other Asian nations that face increasing environmental destruction from their fast-growing industries. Details of the programme, to be administered by Japan's Ministry of International Trade and Industry (Miti),
        98 words
      • Article
        S Korean students protest
        73 8 SEOUL Thousands of South Korean students chanting "Korea is one" vowed yesterday to defy a government ban and demonstrate for reunification with North Korea in central Seoul and near the heavily guarded border. Nearly 14,000 riot police were deployed in Seoul and around Imjin-gak, the most
        73 words
      • Article
        Seoul investing in automation
        57 8 SEOUL South Korea will invest 262.7 billion won (SS6I7 million) by 1995 in factory automation. Details have yet to be finalised but the government will provide 112 billion won in direct subsidies and the remaining 150.7 billion won in soft loans to selected companies which plan
        57 words
      • Article
        S African groups resume talks
        73 8 JOHANNESBURG South Africa's two main antiapartheid movements and the government are talking peace again in their first cordial contact since a slush fund scandal last month strained relations to breaking point. Officials from the African National Congress and the Inkatha Freedom Party met government officials
        73 words
      • Article
        Yugoslav talks back on track
        84 8 BELGRADE Yugoslavia's feuding regional leaders will resume talks next week and have devised ways to bolster the shaky, seven-day cease-fire in Croatia, a federal official said on Wednesday. The announcement raised new hope that the six republics can find a peaceful solution to deadly differences,
        84 words
    • Article, Illustration
      Lock icon High capital costs hit investment in Japan
      621 8 Era of easy money over for industry FT TOKYO Time is running out for the capital spending boom which has fuelled the Japanese economy for the past five years. The turmoil in the financial markets, compounded by the scandal in the securities industry,
      FT; Source: Economic Planning Agency  -  621 words
    • Article
      Lock icon 122,000 jobs lost so far this year in UK: union survey
      404 8 Reuter LONDON The British manufacturing industry has announced 122,000 job losses so far in 1991, with no sign of any upturn yet in industrial fortunes, a survey by Britain's leading engineering trades union showed. "These harsh statistics confirm the
      Reuter  -  404 words
    • Article
      Lock icon Seoul to impose curbs on overseas travel spending
      351 8 Reuter SEOUL South Korea, determined to crack down on its free-spending and carousing citizens who sully the national honour and burden the treasury, is to impose curbs on overseas travel spending, officials said on Wednesday. Violators will face having their passports or
      Reuter  -  351 words
    • Article
      Lock icon Taiwan may use projects as leverage for diplomatic gains
      384 8 Agencies TAIPEI Taiwanese Communications Minister Eugene Chien has suggested that Taipei use its US$3OO billion (SSSI6 billion) public works programme to pressure foreign governments into establishing air links with the island and easing visa curbs on Taiwanese. He suggested on Wednesday
      Agencies  -  384 words
    • Article
      Lock icon US trade balance data blurred by increase in Japanese plants
      406 8 Reuter NEW YORK As more and more Japanese companies transplant manufacturing facilities to the US, trade balance data between the two countries could grow increasingly meaningless, say analysts. "There are going to be kids who grow up thinking Honda is
      Reuter  -  406 words
    • Article
      Lock icon Five Soviet republics seek to link economies
      217 8 FT MOSCOW The leaders of the Soviet Union's fire central Asian republics met on Wednesday in the Uzbek capital of Tashkent to agree to bind their economies more closely together in an effort to escape what they believe will be one of the
      FT  -  217 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      206 8 I With so many MBAs being offered today you want to be sure to choose: H The University that has an international reputation H The MBA that fits your personal needs H The MBA that enhances your career path development H Some of the reasons why you should choose H
      206 words
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      Page 8 Advertisements Column 2
      146 8 BUSINESS OPPORTUNITIES! m BftH fflmm GSHKfDTIffKg DP WM (BBHM DP mm iasmrcog nm w? MTU IT® M t h ms ®g m smsm me lrana pesmasass WE HAVE: READY FACTORY WITH FULL FACILITIES FOR ELECTRONIC/ELECTRICAL/ENGINEERING MANUFACTURE. A LARGE TEAM OF TRAINED AND EXPERIENCED PRODUCTION WORKERS AT LOW WAGE RATES. FULLY
      146 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      67 9 Announcement CHANGE OF NAME The recent successful privatisation of IMAGINEERING TECHNOLOGY LIMITED by plc' flc 1 FIRST PACIFIC COMPANY LIMITED has now been completed. r* In order to reflect the new 100% ownership of the Imagineering Group and its Subsidiaries, FIRST PACIFIC COMPANY J is pleased to announce that IMAGINEERING
      67 words
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  • Article
    A greater stake in S'pore
    472 10 EDITORIAL AS A long-term investment, there are few instruments that can beat property, especially residential property, in landscarce Singapore. Prime Minister Goh Chok Tong's recent proposal to allow Housing Board flat-owners to own private residential property is therefore a good one and many Singaporeans are
    472 words
  • WHAT THE OTHERS SAY
    • Article
      Capitalist challenge
      255 10 THE ELECTION of Mr Vo Van Kiet as Vietnam's new Prime Minister and a rejig of the Cabinet with a number of younger reform-minded ministers replacing dogmatic old-style communists is said to signal Hanoi's seriousness in moving towards a market economy. Mr Kiet is a leading advocate of
      255 words
    • Article
      The road to peace
      121 10 MANY WESTERN countries are hoping and ex- pecting that all remaining Western hostages in the Middle East will be released soon. But how soon it will be depend on the situation in the Middle East and the US role in the peace process. However, it is
      121 words
    • Article
      Political stability
      131 10 THE GOVERNMENTS announcement to hold the general election on August 31 should not come as a total surprise. Whereas there were many contentious issues in the 1988 election, such as the Elected Presidency, Marxist conspiracy, and the Internal Security Act, there are no obvious controversies at the moment.
      131 words
  • REGIONAL VIEWPOINTS
    • Article
      Hostage haggle
      167 10 THE HOLDING of innocent hostages in the Middle East is an indefensible act of lawlessness. The West tends to overlook the uncomfortable fact that, in terms of sheer numbers held, Israel leads the way. While attention is focused on the 12 Westerners still held by various groups in
      167 words
    • Article
      Restrictions on banks
      172 10 THE LATEST SERIES of rulings on the banking industry should be welcomed as another significant move to help ensure the sound growth of banks. We strongly urge the bank regulators to closely monitor how banks conform to the prudential regulations, including the capital adequacy ratio. The central
      172 words
    • Article
      Better deal for blue collars
      188 10 PLANS ARE ON HAND for skilled and semiskilled blue collar workers in the public service to get better wages, in certain instances even more than white collar jobs. The intent is also to set the pace for the private sector to realign its remuneration strategy.
      188 words
  • Article
    Soft commission: boon or bane?
    1088 10  -  Some say that it is bribery and clients may be beholden to their brokers. Some argue that it is an acceptable business practice. Magdalene Ng discusses the pros and cons of soft commission. Magdalene Ng TOKYO has been rocked by its excesses. London allows it.
    1,088 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      208 10 THE MONETARY OF SINGAPORE J! INTEREST RATE TO BE DETERMINED BASED ON SUCCESSFUL APPLICATIONS PRICE TO BE DETERMINED AT THE AUCTION INTEREST PAYMENT DATES 1 SEPTEMBER AND 1 MARCH FIRST INT PAYMENT DATE 1 MARCH 1992 CALCULATED FROM ISSUE DATE MIN DENOMINATION AVAILABLE S6D 1,000 METHOD OF SALE YIELD AUCTION
      208 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      41 10 POONESBURY BY GARRY TRUDEAU BOCPSte, ENOUGH I Sioppgp HBY.IUWY T1 A SCARF* I TH&m&fur ok weuca's eucas? you back, m tarn justvmbp DCXJNTHE6UN ON Mf MAY UIH&FB I mtNQTOMAKB IS IT* AND OffNIHE HAVE A AM&VSHB&! AsfiutFl POCR.IHAte j CHARGB SCAKTT
      41 words
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  • ANALYSIS
    • Article
      Lock icon Some countries are more progressive than others
      835 11  -  Development in Third World countries is working but the pace is by no means parallel. Vinod Thomas cites the causes. Vinod Thomas The writer, an economist at the WorUl Bank, is the principal author of its 1991 World Development Report. IHT IN THESE
      IHT  -  835 words
    • Article, Illustration
      Lucky country's jobless migrants
      1402 11  -  The pressure on the Australian government to reduce its immigrant intake is increasing in the face of recession and rising unemployment, reports Sydney Correspondent Florence Chong Florence Chong TEN YEARS ago, the Mounarath family migrated from Laos to Australia. Former policeman Piang Mounarath has supported his
      1,402 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      71 11 The Mite Choice Paper white edge-lit display 640 KB RAM memory expandable to 1.6 MB with a 1 MB EMS 4.0 memory card. Quick CPU and Expandable Memory/ Storage. Compact Laptop Design. fife Pi -4700 SHARP SHARP COLORATION. JAP AH Deafen. MicroHonsf Sharp Laptop Centre Tel: 336 6840/334 2671 C
      71 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      205 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, PINE AND ENTERTAIN WHERE TO WINE, DINE PRINCESS l\ >v jr «£<raKRAeE •••now on Fridays and Saturdays From now on, oar Chinese Porridge Buffct will be served only on Fridays and Saturdays from 10.30pm to 3.30 am but at the same
      205 words
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      Page 12 Advertisements Column 2
      255 12 CV *SBr M Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. Hyatt Regency Singapore 10-12 Scotts Road Singapore 0922 Tel: 733 1188 Fresh seafood and
      255 words
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      Page 12 Advertisements Column 3
      200 12 spiced up Happy Hours. Sugar 'N Spices is back at Club 5. H|| 2> With renditions of Vi old hits that'll whizz 7m you back to the 50s and >etween Swlmwear Fashion Show on Mon Wed at Q.OO pm. Plaza Hotel flitl* 1 Singapore I «AKM*COIOU*Fat.*IMVITir«O Hrark Road SaiMMMT *****H
      200 words
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      Page 12 Advertisements Column 4
      270 12 NATIONAL DAY CELEBRATIONS MCHAHERIOX Chottwtxw. m« tolfc of tff town. J ,r > t*»« Nottonat Oav c Itii l*llh wltti a hoal of (MhM fvoturlng ttw vartvO cuDoary flovouri of Slnaapof* From August 9-17. o daily Ml lufioh and dlnnvt at OO p«f pwion IncKidM an offsring of local d»h*t
      270 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      693 12 TELEVISION AND RADIO T p "■•11 Delivers (Stereo). 7J4 Maorß Ptayar CaH. RUfflNP!** tM Wife killer tKZSg* «F SSSSSr H? 4 12.35 AM Clni Ul Layar Maßara Rajawali 7.10 m, 9.25 m, S.3opn, HKMS HSKIHHHiHHKaHHIHH Loo n^^TrTmli'"?^ 1 "sSci 10J0 W«WNmi(M). 1 Woar Financial News Eimßoss SwmMr The Birds of
      693 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When honesty shines through
      1021 13  -  Richard Bernstein relates how Glengarry Glen Ross beat the odds and is successfully making the journey from stage to screen Richard Bernstein NYT DAVID Mamet's Glengarry Glen Ross, a play about real estate hucksters who do dishonest things to survive, won a Pulitzer Prize in 1984
      NYT  -  1,021 words
    • Article
      Lock icon Failure of drug study leaves some heart patients with few choices
      620 13 NYT THE announcement earlier this week that the last of three heart drugs being tested to control mildly irregular heartbeats has been found unsafe, leaves doctors without any specific treatment for a condition that can progress to one of
      NYT  -  620 words
    • Article, Illustration
      Broccoli gets damages for Connery story
      362 13 ALBERT BROCCOLI, producer of most of the James Bond Films, accepted "substantial damages" on Wednesday over a newspaper article saying he had been accused of defrauding actor Semi Connery of profits. News Group, publishers of The Sun, Britain's bestselling tabloid, also agreed to pay
      362 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      248 13 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 com* with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Beamaise or Bbck Pepper Sauce. v* T' &F if A
      248 words
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      Page 13 Advertisements Column 2
      55 13 Lotetef Salad FfirfHFfufts QE r Superior Start's flnwHhCWdwi w Prawn W/SprinQ Onions In Hoi Sizzling Plate Red FWi wtti Soya Sean Cnimte Winter Melon vrithßroccoK Meed Noodles wto Shredded OOcfc fo jfejl Maple Leaf Pan Caki p MAPLE LEAF Sie Chuan Restaurant Karjf 300 Victoria Street #01-01/08 Golden Landmark Shopping
      55 words
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      Page 13 Advertisements Column 3
      792 13 BUSINESS TIMES TELBPHONB: 730-5771/5772/5773 FAX! 734-4*12 IN THE MATTER OF THE COMPANIES ACT. CAP. SO PURSUANT TO SECTION 290 (2)(b) ANO IN THE MATTER OF GREAT INDUSTRIAL (PTE)LTD (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the above named Company duty convened and hetd at 6001 Beech Roed.
      792 words
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  • SPORTS
    • SIDE LINES
      • Article
        Mayotte overcomes Forget in US Hardcourt
        117 14 INDIANAPOLIS, Indiana Tim Mayotte ambushed high-flying Frenchman Guy Forget on Wednesday to reach the third round of the US$l million (SS 1.7 million) US Hardcourt Championships. The fourth-seeded Forget, fresh off his victory on Sunday at the ATP Championships in Cincinnati, fell to the
        117 words
      • Article
        Edberg on course
        99 14 NEW HAVEN, Connecticut Stefan Edberg, remembering all-too-well his failures at the US Open, began preparing for this year's tournament with an easy victory over MaliVai Washington on Wednesday at the Volvo International. "The main thing for me was to really work for every point and not make
        99 words
      • Article
        Durie upsets Garrison
        101 14 MANHATTAN BEACH, California Jo Durie stunned fourth-seed Zina Garrison 6-3, 6-7 (3-7), 7-5, eliminating the world's 11th best player in the second round of the Virginia Slims of Los Angeles tournament on Wednesday. Durie, ranked 160 th in the world, won the first set of the nearly
        101 words
      • Article
        Waiting for lightning to strike
        120 14 CASTLE ROCK, Colorado When lightning strikes, as it surely will at this week's International tournament, Castle Pines Golf Club hopes to strike back. Tournament officials have installed high-tech conductors aimed at shielding golfers and spectators from nature's deadly displays. Besides the sophisticated electronic devices, evacuation
        120 words
      • Article
        Big money on Aussie Tour
        115 14 SYDNEY The Australian PGA tour will offer prize money in excess of AsB million (5510.4 million). Officials said yesterday that the richest event on the tour, which runs from October to March, 1992 will be the ASI.4 million Daikyo Palm Meadows Cup to be played
        115 words
    • Article
      Where are the big sponsors?
      384 14  -  Supertennis Challenge By Nirmal Ghosh SINGAPORE'S biggest tennis event ever, the Supertennis Challenge, may also be its last if a main sponsor is not signed up fairly quickly. Some support sponsors have been confirmed, but according to Graeme Plum, managing director of Australian Sports Management
      384 words
    • Article, Illustration
      Lock icon US swimmers eat humble pie
      377 14 Pan American Games AP HAVANA America's invincibility in the pool took a major hit on Wednesday when US swimmers lost more races than they won. After taking nine of the first 10 events at the Pan American Games, the United States won only two of
      AP  -  377 words
    • Article
      Lock icon Senna dispels rumours of transfer
      308 14 AP MONZA, Italy World Formula One driving champion Ayrton Senna on Wednesday dispelled rumours that he may transfer to Williams or Ferrari next season, saying he is focusing only on upcoming races and the season title. U I want to keep my mind free and
      AP  -  308 words
    • Article, Illustration
      Lock icon French win first Admirals Cup series
      190 14 AP PLYMOUTH, England French yachts won the 50foot (15-metre) and one-ton classes on Wednesday in the Fastnet Race, giving France its first overall victory in the Admirals Cup series. The French, in fourth place in the Admirals Cup standings when the 605-nau- tical mile
      AP  -  190 words
    • Article
      Lock icon Lendl's basically still after the same goals
      256 14 AP NEW HAVEN, Connecticut Ivan Lendl has undergone a lot of changes this year. He's trying to spend more time with his family. He's struggled with a hand injury and he has dropped to No 4 in the world rankings. But Lendl, in
      AP  -  256 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      381 14 NOTICES M THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF HITACHI SOUTH EAST ASM PTE LTD (bi Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held 78 Snenlon Way #11-01 Singapore 0207
      381 words
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      Page 14 Advertisements Column 2
      352 14 LIQUOR LICENCE NOTICE NOTICE E HEREBY GIVEN lhat, I, Lim May Lee of Bk 242 Birfsan Street 22,107-256, Singapore 2057, have sppiied for a Wholesale Liqnor Shop bceace in reaped of premises at Mk Duboßoeki(S)Pte Ltd atsBs Not* Bridge Road #0846 Blanco Court, Singapore 0718, and that this application will
      352 words
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      Page 14 Advertisements Column 3
      361 14 LIQUOR LICENCE NOTICE NOTICE 6 HEREBY GIVEN *aU NanWenKai Paul of No. 4 Bright Hill Orescent, Singapore 2057, have applied for a Public Howe Rnt Cbn (extended) licence in respect of premises at MA 5 Emerald Hill Pie Lid at 5 Emerald Hill, Smgaporc 0923. and that tins application wiO
      361 words
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      Page 14 Advertisements Column 4
      68 14 fry i j w 1 KOREA MEEHMT BANKING CORPORATION U5530,000,000 Negotiable U.S. Dollar Floating Rate Certificates of Deposit due 15th May 1994 In accordance with the provisions of the Certificates notice is hereby given that for the throe month interest period from 15th Aug. 1991 to 15th Nov. 1991 the
      68 words
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  • FOCUS
    • Article, Illustration
      Lock icon US steel sector on shaky ground
      1384 15  -  American steelmakers have matched the efficiency of their German and Japanese rivals, but sinking prices, sagging demand and rising labour costs have caused them more hard times. Jonathan Hicks reports on the industry's woes Jonathan Hicks NYT IN THE late 1980s, when steel producers
      NYT  -  1,384 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      247 15 NEW Shine Company Research Service KNOWLEDGE IS POWER Quick access to .formation is the key to successful investment J and business dealings. The Shine Company Research Service provides comprehensive analyses including financial ratios of the companies quoted on the SES. Plus up-to-date information on major developments since 1989 affecting these
      247 words
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      Page 15 Advertisements Column 2
      235 15 fiTai^ K CHANEL r j iraiißi pMsi l v I -jj^^lffi^''' I CARDER M BBS fl GUCCI LAGERFELD TfinT rafc iiiiiiiniHiiiii A M 1 CHRISTIAN M wwmi lacrox Nfe TOP p HOURGIASS Mfc GiANNI L fm MHA p I SCHON v^^KaAT polo A jgjM RALPH LAUREN hugo fpj i ETRO
      235 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Local shares fall in tandem with KL stocks
      4767 16  -  By Quak Hiang Whai UP NORTH, Malaysian shares nosedived from the outset on news that the Malaysian government will take strong measures to curb money supply and car loans. The negative sentiment quicldy spread to the local bourse, sending share prices broadly
      4,767 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3868 17 Main Board SIA Foreign 1990 +10 +0.5* GPB SSl.60 330 +6 +1.9% UOl 249 +5 +2.0* BAT 21c 360 +2 +0.6* SPC Foreign 398 +2 +0.5* Semb Ship Wt 237 +2 +0.9* Van der Hortt 107 +2 +1.9* Singatron Wt 40V, 1% +3.8* City Dev
    3,868 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      229 18 r mil -1 Ml Ymr firMp Net MuntafifirNi mm to tnmAtm (L) M* start AIM CtM) (cMts) QAF Ltd Aug 14 Mar 91 $1,080(12.873) 0.4(10) -(1.5) HC8 HUb Auf 10 Mar 91 M$l,266($3,724l) 5«(-) 2.5(2.5) tataiock Aug 12 Mar 91 $5,048(84.995) 21(20.8) 10(10) CK Tang Aug 7 Mar
      229 words
    • Article
      PRELIMINARY RESULTS
      116 18 Cwp«qi Date Yaar Graap pre-tax Net aarateff Cr*ts mm to prtM/lm (L) par Utri MiMri (easts) MS Land Aug 14 Dec 90 $30,752(135.943) 4.8(6.1) 4(4) Cantrepomt Aug 12 ton 91 $19,853(117.370) 7.3(6.4) 5.8(5.8) Maiayawata Aug 2 Mar 91 tt$51.065($31,216) 38(23.2) 7.5%TE(2*TE) I Khanc Guan Jut 30 Apr 91
      116 words
    • Article
      INTERIM RESULTS
      469 18 riBHiij Mt HaM-ymr Qrm$ pn-tn Maria mm to pnflt/toM (I) #rMw< rtM) B Raya Aug 14 Jun 91 M$8,456($7,057) 2(2) Magnum Corpn Aug 14 ion 91 M$86,640(845,001) 30(5) Shangri-La Aug 14 Juo 91 $14,365(128.834) 5(7) UPP At« 13 Jun 91 1608(1549) Landmarks Aug 12 Jun 91 M$9.497($5.749) 0U6
      469 words
    • Article
      CORPORATE DEVELOPMENTS
      689 18 Au| 14 Frasor I Htm is looking into setting up a soft-drink bottling plant in Vietnam. F&N is also looking for more partners to take up a 10* stake in Centrepoint Properties Ltd. KB Corp Bhd and Kuala Lumpur Ktpong Bhd entered into a joint-venture agreement with three
      689 words
    • Article
      DIVIDENDS ANNOUNCED
      684 18 Carrwrt Ex Bm4u Dal* TMhr Mrihr HI ainil date cteM payaWa Mm ymr last yaar Nn rtdgs 50c 61(b) Sep 4 Sep 16 Sep 30 6% 6% A* Pac Ld 50c 2%(b) Jul 18 Ml 2* Mm 20c 5%TE(I) Oct 14 Oct 24 Nov 15 51TE 12 5*TE
      684 words
    • Article
      RESULTS DUE
      640 18 Main Board Last Fai Y«ar Cmaam P«M (Mi Tor WW 6w anancad (arte) hK year (TflOt) Cerebea Intenm Apr 27 Jul 91 12.6 20.0T£(a) 38,911 Spin Ljnd Intern May 4 Dec 91 12.6 10.0 44.641 Tom Mn| Inter *n Aug 2 Dec 91 4.8 5.0 385 Stntoncs Intenm
      640 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1007 18 Nm as at 15.M.91 CmwiIm term I E*5y <«*•■*> flmnirt Opbaaal** Bsteg Company "oS Wrts Start Lim Cw* Eitr Untk Cadi Cmk Laaa UaHag, Date Mtta aaits) atacfc raba priea aaai 1 Stk, Wl vaftst Burw.ll 115.2 0.240 0 680 1 00 1 00 82 2.83
      1,007 words
    • Article
      APPROVED ISSUES
      242 18 Bdten One-kx tour MS200 per stare Estate Jul 16 Books doer Jul 30 Acceptance I Payment Sep 10 Mrti Hyd Four-tor-fcve a M$0 65 per stare Ex-date: Jul 25 Books dose M 8 Acceptance Payment Sep 17 Hat Kap One-tortao e $0 80 per stare Ei-Mk Aut 13
      242 words
    • Article
      PROPOSED ISSUES
      535 18 Cwpg to« km Pac Laid Onfrtor-tno <j WO 65 par share (taaM Onefor-one >1.00 par Mai to* of 190 978m nomnal amount of 35% Redeemable Unsecured Guaranteed Bonis 1991/96 with 45 489m detachable warrants on the bass of J2 normal amount of Bonds tor every three oustm shares
      535 words
    • Article
      BONDS, LOANS & WARRANTS
      719 18 BONDS, LOANS WARRANTS Capm CwNntoi p*M Caaaarataw Ira tar mm critary atoara •mm Mm 30/6/9* 1 warrant pto HKS1.00 a* OCNt More 21/4/33 1 warrant pto S3.09 oak Cnaiuij lean Camay HI 2/10/89 Is 20/10/94 1 warrant pto 10.77 caaTi or 1 warrant pto 10.77 aianal mount of tear stod
      719 words
    • Article
      COMPANY MEETINGS
      336 18 Sumhra Mbd Investments Ltd: EGM at 481 Tartfn Halt Road, Singapore 0314 on Friday, Aug 16, at 10am. Surma fcrvestments Ltd: 27th AGM at 10 Jaian Besar, Sim Urn Tower #17-01, Singapore 0820 on Friday, Aug 16, at 10.30 am. GB Corp Bhd: EGM at Suite 2302, 23rd
      336 words
    • Article
      RECORD HIGHS & LOWS
      181 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1333.08 (3/6/91) 1991 *****8 (3/6/91) 1991 IMr 1022.52 (16/1/91) 1»1 tar H** (16/1/91) 1990 h*t 1435.43 (16/7/90) 1990 ktfc 1607.12 (27/3/90) 1990 tor 981.07 (09/11/90) 1990 tar *****0 (11/10/90) 1989 htfc 1322.00 (28/12/89) 1909 *****6 (26/12/89) 1919 tar 917.42
      181 words
  • Page 18 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bank Negara move sparks selling spree
      4175 19 Bernama SHARE PRICES here ended broadly lower yesterday on selling pressure as Bank Negara announced moves to mop up liquidity, causing a substantial number of stocks to register double-digit losses. Market talk that foreigners were liquidating their positions served to worsen the situation. Reflecting
      Bernama  -  4,175 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      375 19 NOTICES LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I, Lau Kim Guon of Blk 3 St Georges Road #12-113. Singapore (1232). have applied for a Second Class Public House licence in respect of premises at M/s Milano Restaurants Pte Ltd at Blk 3, Carlton Hill. Sentosa. Singapore (0208). and
      375 words
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      Page 19 Advertisements Column 2
      383 19 LOST SHARE CERTIFICATES The following Share CertMcetes/* together with the relevant signed transfer deeds have been reported lost or destroyed:I SETAN (SINGAPORE) LIMITED Certificate No. In the name of No. of Shares ******66 BIL Am Nominees Pte Ltd Ixl.ooo ******70/71 BIL Asia Nominees Pte Ltd 2x1.000 KEPPEL CORPORATION LIMITED *****5
      383 words
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      Page 19 Advertisements Column 3
      208 19 WIHtfcUTTWW MM PTI LTD M VOLUNTARY UCRNOATKM MTHIMATTCROPTHI COMP AMES ACT, CAP 10 NOTICE IS HEREBY GIVEN that In pursuant to Section 306 of the Companlaa Act (Cap. 50) fiat lha Rnal Oanaral Maattng of tha Mambars of lha abovanamad Company w« ba hald at 101 Cad Straat, 1606 Tong
      208 words
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      Page 19 Advertisements Column 4
      316 19 IN THE MATTER Of THE COMPANIES ACT, CAP. M AMO IN THE MATTER OF RICHARD ELLIS INVESTMENT (SINGAPORE) PRIVATE LIMITED |p VokffllVy UquMaSan) NOTICE OF RESOLUTIONS [Pursuvtt to Sec Son IMCQM Alan Extraordinary General Meeting of the Company held at 21 Gottyar Quay *12-00 DinU BOlKJtriy Singapore 0104 on ttte
      316 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Weaker bonds and interest rate jitters depress market
      2222 20 Reuter TOKYO STOCKS declined yesterday, closing at the day's lows, on futures and options-related index-selling, offsetting Wednesday's technical gains. A turndown in yen bond prices and concerns over a possible rise in key interest rates in Germany last night also dampened buying
      Reuter  -  2,222 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks ease as investors stay on sidelines
      1927 20 Reuter HONGKONG stocks yesterday closed slightly lower in a flat day marked only by mild profittaking after a bullish land auction in the afternoon, brokers said. "As soon as the result from the land auction came out, some investors took profit, weakening the
      Reuter  -  1,927 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      30 20 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate Read Xi Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      30 words
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  • REGIONAL STOCK MARKETS
    • Taipei shares fall sharply in thin trade
      • Article
        Untitled
        1745 21 Ooac Previous Aug 15 AUSTRALIA All Ordinaries Index 1557.0 1552.1 +4.9 All Industrials Index 2380.0 2373.4 +6.6 All Resources Index 924.7 921.1 +3.6 Turnover (million) 67.84 81.2 -13.36 BANGKOK SET Index 699.22 689.87 +9.35 Turnover (billion baht) 1.6 1.34 +0.26 JAKARTA Composite Index unav unav MANILA Composite Index 953.91 936.98
        1,745 words
      • Article
        AUSTRALIA
        890 21 THE Australian share market yesterday closed higher after a negative gross domestic product figure revived hopes of an interest rate cut as early as next week. The market rallied about nine points after the June quarter GDP showed a fall of one per cent from a revised 0.4 per
        890 words
      • Article
        NEW ZEALAND
        316 21 LEADING share prices closed scarcely changed yesterday although the overall market was listless with institutional buyers focusing on yesterday's NZ$35O million government bond tender. In addition, investors were taking a cautious view as companies with June 30 balance dates prepare to report their results. "Buyers were on the
        316 words
      • Article
        BANGKOK
        728 21 THAI STOCKS yesterday rallied broadly on an improved but still thin 1.6 billion baht turnover with finance issues leading the advance, brokers said. The SET Index rose 9.35 points to close at 699.22. Winners led losers 149 to 33. Siam Cement gained eight baht to 608, Siam City Cement
        728 words
      • Article
        MANILA
        465 21 SHARE PRICES rebounded after seven straight days of declines largely on account of San Miguel Corp's strong performance in the first half, brokers said. The Manila Stock Exchange Composite Index rose 16.93 points to close at 953.91 but the rise would be short-lived, they said. "It was a technical
        465 words
      • Article
        TAIPEI
        558 21 TAIWAN STOCKS fell sharply across the board yesterday in thin trade to close below the psychological support at 5,000 points. Dealers said sentiment was gloomy and shares could test new support at 4,700 or 4,800 points in coming days. "Selling by trust firms and some brokerages is discouraging individual
        558 words
      • Article
        BOMBAY
        82 21 BOMBAY Stock Exchange (BSE) share prices rose sharply on Wednesday for the second day, propelling the exchange indices to new highs, brokers said. The BSE index jumped 18.39 points, or 1.09 per cent, to 1,705.63. The previous peak was set on Tuesday. The National Index rose 5.80 to 815.06.
        82 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      50 21 II The South Korean market was dosed for a public holiday. The report fat, Jakarta was not available All prices are provided by Telerate For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 749-2577
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  • WORLD STOCK MARKETS
    • Footsie surges 24 points to a record high
      • Article
        Untitled
        680 22 Aug 14 Close Previous NEW YORK Dow Jones 3005.37 3008.72 -3.35 NYSE Financial 160.40 159.83 +0.62 SAP 500 389.90 389.62 +0.28 Turnover (million) 1% 212 >16 LONDON Financial Times 30 2.033.3 2,022.3 +11.0 FTSE 100 2608.8 2,584.9 +23.9 Turnover (million) 590.4 474 +116.4 FRANKFURT DAX Index unav 1,644.72 AMSTERDAM CBS
        680 words
      • Article, Illustration
        LONDON
        727 22 INDICATIONS the recession has bottomed out pushed the London stock market to a new high on Wednesday. The blue-chip Financial Times Stock Exchange 100-share Index, which rose 15.5 points on Tuesday, surged 23.9 points to close at 2608.8. The narrower Financial Times 30 Index climbed 11.0 points to 2,033.3.
        727 words
      • Article, Illustration
        NEW YORK
        1330 22 SMALL-CAPITALISATION US stocks again led the charge on Wall Street on Wednesday as the Nasdaq Index closed at a record high for the second day in a row. But blue chips lost ground on some late afternoon program selling. The Dow ended off about three to 3005. Gainers
        1,330 words
      • Article
        AMSTERDAM
        311 22 DUTCH SHARES closed mixed in moderate trade on Wednesday, with a good swathe of buying activity but some shares out of favour after disappointing profit news. The CBS General Tendency Index closed 0.2 weaker at 92.0, having been as high as 92.6 when a ripple of buying washed through
        311 words
      • Article
        PARIS
        352 22 FRENCH SHARES on Wednesday ended higher on the eve of a crucial Bundesbank council meeting despite fresh clues that the German central bank may plan to raise interest rates. Traders said a one-point rise in the German discount rate is largely discounted. "A half-point rise on the Lombard is
        352 words
      • Article
        FRANKFURT
        205 22 GERMANY'S DAX Index ended a moderately busy session at the day's high, buoyed by speculative buying on the premise that an imminent German interest rate rise will give the go-ahead for a further rally. Dealers said most investors were now expecting a one-point rise in the 6.5 per cent
        205 words
      • Article
        ZURICH
        278 22 SWISS SHARES ended a moderately active session on Wednesday slightly firmer. Dealers said activity centred on the industrial sector, while banks and insurers were rather quiet. The AllShare SPI Index rose 4.4 points to close at the day's high of 1,126.3, while the SMI Index of leading shares added
        278 words
      • Article
        STOCKHOLM
        77 22 SWEDISH SHARES on Wednesday closed higher in active trade, boosted by gains abroad and active trade in Ericsson shares, dealers said. "The Stockholm bourse is strong enough to follow foreign exchanges higher," one dealer said, adding that growing liquidity among major Swedish savings funds was a platform for further
        77 words
      • Article
        TORONTO
        339 22 TORONTO STOCKS closed firmer on Wednesday but off session highs in active dealings. Analysts said the market finished with a positive tone in most sectors after showing strong gains earlier. "We had improvement in oils, and a recovery in banks although they retreated from earlier gains," said Ivar Liepins,
        339 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      66 22 The reports for Italy and Johannesburg were not available 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
      66 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ finishes firmer against mark ahead of Bundesbank meeting
      1209 23 REPORTS THE GREENBACK gained slightly against the mark on late technical buying yesterday. Dealers said dollar sentiment was slightly bullish at the moment, but few dealers were willing to venture aggressively into the market ahead of the Bundesbank council meeting scheduled
      1,209 words
    • Article
      INTERBANK FOREX RATES
      389 23 Cross rates Aug is USS SS MS Dm Yen SFr AS NZS USS 1.7210 2.7735 1.7370 136.60 0.5928 1.5210 1.2812 1.7452 SS 0.5811 1.6116 1.0093 0.7937 0.3444 0.8838 0.7445 1.0141 MS 0.3606 62.05 0.6263 0.4925 0.2137 0.5484 0.4620 0.6292 Dm 0.5757 0.9908 1.5967 78.64 0.3413 0.8756 0.7376
      389 words
    • Article
      MONEY MARKET
      526 23 Interbank rates SS Bid Offer Overnight 4 3/4 5 1-month S 1/16 S 3/16 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 5-1/4 LSS Bid Offer 7 days S 11/16 5 13/16 1 month 5 5/8 5 3/4 2 months 5 5/8 5 3/4
      526 words
    • Article
      Lock icon Latin American bonds take junk bonds' place
      573 23 They offer high yields and much of the risk Reuter LONDON A new form of high-yielding asset may have risen from the ashes of the junk bond market. Some high-yield investors left stranded when the junk bond market dried up at the turn
      Reuter  -  573 words
    • Article
      FINANCIAL FUTURES
      1144 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.30 94.34 94.26 94.27 7520 ***** 1993 Dec 91 94.00 94.04 93.98 93.98 ***** ***** 3193 Mar 92 94.00 94.06 94.00 94.00 ***** ***** 2277 Jun 92 93.64 93.71 93.63 93.64 3500 3401 1031 Sep 92
      1,144 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Long positions a threat to world platinum prices
      491 24 Reuter TOKYO Long positions built by local investors on the Tokyo platinum futures market are a potential time-bomb and could depress the cash price to US$32O (*****) an ounce if a new wave of long liquidation emerges, Tokyo traders said on Wednesday.
      Reuter  -  491 words
    • Article
      Lock icon Coffee retention plan could be set up rapidly: SGS
      215 24 Reuter LONDON A coffee retention scheme could be in operation almost immediately if agreed on at a meeting in New York this week, the deputy manager of Societe Generate de Surveillance (SGS) in Geneva said yesterday. "We're already established in all
      Reuter  -  215 words
    • Article
      Tin ends four sen lower in listless trading
      821 24 REPORTS THE PRICE of tin settled four sen lower at M$ 15.36 per kg on the Kuala Lumpur Tin Market yesterday in line with the US$l5 drop on the London Metal Exchange overnight. Trading continued to remain quiet and listless following a
      821 words
  • Article
    PRICES
    1338 24 v WMfcl ti* ***> I MlM Rubber a««i5 I S cents/kg Noon Close Int 1 RSS Prompt 139.50/140.50N 139.50/140 SON Int I RSS Sep 91 140.25/140.75 140.25/140.75 Int 1 RSS Oct 142.25/142.75 142.50/143.00 < Int 2 RSS OP 139.25/141.25N I39 2VI4I.25N J Int 3 RSS OP I38.25/140.25N I38.25/140.25N Int
    1,338 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      603 24 BUSINESS TIMES TELEPHONE. 730-3771/3772/3773 PAX: 734-4912 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Yip Wood Chang of Blk 156 108-19 Tanpina •12 Ave 2 1 I 1852, have afpbed for a Public House Fnt Class (extended) licence in respect of premises at Wi Bugis Paradise Seafood Restaurant Pie
      603 words
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      Page 24 Advertisements Column 2
      391 24 IN THE MATTER OF THE COMPANIES ACT, CAP M AND IN THE MATTER OP FASTRACO BLPPUEB PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that a Final Meeting or the Members of the abovenamed
      391 words
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      Page 24 Advertisements Column 3
      25 24 Difficulty in getting a copy of Singapore Business. Her World, Go, Home Decor, Young Parents? Call our Hotlines 740-1839, 740-1840 for locations of nearest newsstands.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1121 25 <*> Flight ETA ggt ETD GA970 2245 GA976 2310 »ll«U» B742 1815 RJ182 1400 KL837 1255 SQ24 0100 SQ23 1815 KL838 2240 0A471 2355 asaa NZ35 1550 SQ325 2115 SQ338 2030 NZ36 2330 BA12 2200 BaaterSari SQ181 1410 SQ182 0915 Baagkaii QF62 U30 TG402 0830 SQ69
    1,121 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Welcome to Wagner country
      668 25  -  POSTCARD FROM BAYREUTH By Andrew Clark INSCRIBED in sober print outside a hotel in the centre of Bayreuth are the words for "good plain cooking". But the English translation does not adequately convey the sense of something solid and stodgy in the German word burgerlich. Without
      668 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3375 1.3560 Canadian dollar 1.489 1.5193 NZ dollar 0.9757 0.9960 Sterling pound 2.888 2.9280 US dollar 1.7185 1.7230 Local dollars to 100 anils of foreign currency Austrian schilling 13.91 14.19
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      89 25 Duration Title Venue Organiser Tel Aug 18-20 International Germany Mode Woe he- *****1990 Fashion Fair Munchen GmbH Aug 20-31 Izmir Turkey Izmir Fair *****150 j International Organisation Fair Aug 21 Building Hilton Inter- The Institute *****21 22 Profitable national Kualaof International Brands Lumpur Research 1 Duration Title
      89 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      34 25 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations. Call *****77 for details. We know Europe from Man to Finnish.
      34 words
    • Advertisement
      Page 25 Advertisements Column 2
      38 25 ALMOST TERMINATED Just six days of screening, and Hollywood blockbuster Terminator 2 has already netted half the box-office takings of top-grosser Home Alone. soon Home M KH ,|V Movie-goers have NEW, NEWS, NEWSY iuncMime. Monday k> Saturday. IULtJ&JfIi
      38 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      273 25 Synthetic stone used to |H[ UT H H M make a national emblem PV 5 Having half-done lining, the M H 9 Object about writer's material that's just specula--10 Appears of beasts 12 He simply 14 A very old dependant a |mJ 18 A militant group may be 2J~ formed
      273 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      211 25 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 33.2* C Assoc humidity 57% Minimum temperature 26.7 Assoc humidity 86% Hours of sunshine 7.95 Rainfall in mm Nil Rainfall this month 15.5 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Fair Bangkok
      211 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      25 25 CAN spiy? GOT TO /so cHesTeR-ffeJ?ey's.. p pc*"«R£ p»N frw-tvptt Goes on VwmpiT f\(?efMe.V LIKCO WORK fo?V VPPWNG through "He NOSC. 3495 CO. LTD It«2.mi
      25 words
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  • Article, Illustration
    PT Bentoel and creditors hold new round of talks
    446 26  -  Firm's advisers doing a good job so far, say bankers By Dawn Tan and Quak Hiang Whai CREDITOR banks of PT Bentoel met again with its financial advisers in Singapore yesterday to discuss the ailing Indonesian cigarette maker's massive debt problems.
    446 words
  • Article
    Lock icon Aquino cuts import levy to 5pc in bid to crank up economy
    251 26 UPI MANILA President Corazon Aquino yesterday cut the 9 per cent import levy to 5 per cent in a bid to spark economic activity in the country reeling from political and economic disasters. Mrs Aquino's directive coincided with
    UPI  -  251 words
  • Article
    Lock icon Thai elections may be held next February
    283 26 AFP BANGKOK Thailand's new constitution has been drafted and a general election could be held as early as February if there was no serious opposition to it. National Legislative Assembly president Ukrit Mongkolnavin said yesterday. Mr Ukrit was speaking to reporters after the
    AFP  -  283 words
  • Article
    Khamis likely to submit full report to Swiss financier
    395 26  -  By Dawn Tan MARINA VILLAGE International is expected to send a full report of its operations to Swiss-based financial institution United Investment Trust (UIT) within the next few days. UIT, a loan syndication company, was approached by Elyamani Khamis, developer of
    395 words
  • Article
    Lock icon Curbs on insurer linked to bank
    467 26 The BCCI collapse Agencies LOS ANGELES California state regulators have imposed tough limits on Tri-Star Insurance Co, owned by Gaith Pharoan, the Saudi financier accused of being a front man for the scandalridden Bank of Credit and Commerce International (BCCI). "We have moved quickly
    Agencies  -  467 words
  • Article
    Lock icon Typhoon-hit barge sinks, 156 rescued off China coast
    267 26 AP HONGKONG A Singa-pore-operated oil exploration barge with nearly 200 people aboard sank in a typhoon ofl southern China yesterday, and rescuers picked up 156 survivors from the rough seas, the Hongkong government said. A government statement said one man. believed to
    AP  -  267 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      84 26 Nikon The World's Finest Photographic Systems I V w A mk WjtUfci 6 CERRUTIIBBI MEN'S BOUTIQUES *01-15 The Paragon, Orchard Road Tel. 2J5%55 *02-54/60 Wisma Airia, Orchard Road Tel *01-4"> honim Cialhrrta, Orchard Road Tel 7H INN 2 LADIES* BOUTIQUE *02-61 Wisma Atria, Orchard Riud Tel: 7H IHNft Cerruti 1881
      84 words
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      Page 26 Advertisements Column 2
      74 26 Nikon The World's Finest photographic Systems THE SECRET OF THE FABULOUS COCKTAIL WILL BE REVEALED ON 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS WITH 104 SUITES. RAR AND BILLIARD ROOM. RAFFLES GRILL. TIFFIN ROOM. WRITER'S RAR. LORRY BAR AND FUNCTION ARIAS INCLUDING THE EAST INDIA
      74 words
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  • SHIPPING TIMES
    • Article
      Eva Air plans to fly to the US west coast
      386 27  -  By Rahita Elias TAIWANESE private airline Eva Air, which is aiming to capture a slice of the country's international aviation business, has plans to spread its wings even further afield to include destinations in the United States. Responding to a
      386 words
    • Article, Illustration
      Lock icon Air India places order for four Boeing aircraft
      173 27 AFP NEW DELHI Air India has ordered four aircraft from the Boeing company under an agreement signed on Wednesday between the two sides in Bombay, the Press Trust of India (PTI) said. The deal for the 747-400 passenger jets was signed by
      AFP  -  173 words
    • Article
      Lock icon Plans for Albania's first airline
      124 27 Reuter TIRANA One of Albania's pioneering companies, a Franco-Albanian joint venture called Adriatiku DFS Albania (Groupe ADA), is planning to set up the Balkan state's first airline. Development manager Besnik Shtyla said the group had bought a second-hand Brazilian-built Banderainte EM 18-seater aircraft to start
      Reuter  -  124 words
    • Article
      Lock icon Soviet Arctic sea route opens to the West
      196 27 UPI ANCHORAGE Soviet, US and Norwegian officials announced on Wednesday that they are preparing to make the first international commercial shipments of goods on the northern sea route in Arctic waters north of Russia. Soviet cargo vessels carrying iron ore and fish
      UPI  -  196 words
    • Article
      INDEX TO ADVERTISERS
      1220 27 Page Col ABC Containerize 12 I 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
      1,220 words
    • Article
      Lock icon Sales of US-made vehicles down 9.4pc in early August
      454 27 NYT DETROIT The recovering US automotive market stumbled in early August, as sales of cars and trucks made in North America fell 9.4 per cent from levels a year earlier. Moreover, the seasonally adjusted annual rate of car sales from August
      NYT  -  454 words
    • Article
      Lock icon French group keen on buying Panama's railroad and ports
      203 27 UPI PANAMA CITY A group of French companies has offered to buy Panama's railroad system and its two main ports if they are privatised, a Panamanian newspaper said on Wednesday. La Prensa newspaper said the companies are willing to invest US$4OO
      UPI  -  203 words
    • NEWS SUMMARY
      • Article
        Bullet-ship off the future
        76 27 IN THE next few months, Japan is scheduled to launch Ya-mato-1, the world's first prototype of a crewed oceangoing vessel driven not by sails, oars, or propellers but by a superconducting electromagnetic propulsion (SEMP) system. This revolutionary type of vessel, which theoretically will be able to
        76 words
      • Article
        Tees and Hartlepool to be privatised
        43 27 BRITAIN'S second largest port authority, Tees and Hartlepool, has announced plans to move to the private sector and is the first of more than 100 stateowned ports, including London and Dover, due to be privatised Back Page
        43 words
      • Article
        Virgin joins Atlantic air fares war
        45 27 VIRGIN Atlantic has thrown itself into an air fares war with other transatlantic carriers flying into London's Heathrow Airport by offering a return economy flight to New York from as little as £279 (SS7BI) from Sep 15 Back Page
        45 words
      • Article
        Honda may not have to pay duties
        41 27 CANADIAN-MADE Honda Civics at the centre of a trade dispute may continue entering the United States duty-free although they technically do not comply with the free-trade agreement, a former trade official says Back Page
        41 words
    • LOG BOOK
      • Article
        McDonnell finishes testing flight system
        58 28 LONG BEACH McDonnell Douglas has completed testing its avionics and flight control system in a flight simulation exercise of the US military's C-17 airlifter. The C-17 is billed as the first military transport aircraft to have an "all-digital fly-by-wire" electronic flight control system. The first
        58 words
      • Article
        OBL doubles Tilbury calls
        52 28 TILBURY Orient Bulk Line (OBL) has doubled the number of port calls at Tilbury from once every 10 weeks to once every five. With the arrival of OBL's vessel Bauci on Aug 5, the shipping line has re-scheduled its service to call Tilbury on a more
        52 words
      • Article
        First visit by Jordanian vessel
        46 28 TILBURY Jordan National Shipping Line's (JNSL) combi vessel made its maiden call here on July 24. The agent for JNSL in Britain, Cowell Nicola, said that its principal was considering making monthly calls at Tilbury because of the port's ideal location.
        46 words
      • Article
        Harbour board chief re-elected
        47 28 LOS ANGELES Ronald Lushing has been re-elected for a second one-year term as president of the Los Angeles Board of Harbour Commissioners. He first served on the board in 1989, before being elected 11 months later as president. Floyd Clay was voted vice-president.
        47 words
      • Article
        MTV to hit Asian airwaves
        68 28 HONGKONG US-based music television network MTV will be launched in Asia on Sep 15. The 24-hour music channel will premiere on Hongkong-based Hutch Vision's Star TV with the annual presentation of MTV Video Music Awards. Reception of MTV's programmes on Star TV's music channel is
        68 words
      • Article
        Tie-up to modify Ford cars
        52 28 MELBOURNE Ford Motor Co of Australia Ltd, wholly owned by Ford Motor Co, has set up a venture with British engineering and vehicle design firm Tickford Ltd to develop modified versions of Ford cars. The venture, Tickford Vehicle Engineering, will begin operations in Melbourne later
        52 words
      • Article
        GATX stops petrol loadings
        56 28 NEW YORK GATX Corp has halted loadings of petrol onto barges from its Paulsboro, New Jersey, terminal because it is not cost-effective to install equipment required to limit harmful petrol vapours. The terminal, which loads on average four petrol barges a month, will continue to receive
        56 words
      • Article
        Miti to allow use of fuel additive
        67 28 TOKYO The Japanese Ministry of International Trade and Industry (Miti) has notified the oil industry that it will approve the use of a fuel additive that raises oxygen levels in petrol. Sources said Miti would allow oil firms to mix petrol with up
        67 words
    • Article, Illustration
      Lock icon Bullet-ship of the future
      796 28 Japan Topics IN THE next few months, Japan is scheduled to launch Yamato-1, the world's first prototype of a crewed ocean-going vessel driven not by sails, oars, or propellers but by a superconducting electromagnetic propulsion (SEMP) system. This revolutionary type of vessel, which theoretically will be
      Japan Topics  -  796 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      531 28 Carbon Carbon Aug 12 DmityWatar Residue Ash Alumnum Sedmnt DamityWatar Residua Aril Afawanwii S«>»ont M/M M/X Exxon Exxon KG/M*31 V/V M/M M/M PPM method KG/M*3% V/V M/M M/M PPM method tSO/bnuc Mb Spec E25 ***** 010 30* 010* Spec G35 ***** 18 0 0 15 30*
      531 words
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      DAILY FREIGHTS
      914 28 VESSELS of various sizes were booked for time-charter trips in the Pacific, but overall charter volumes remained thin, dry cargo brokers said. The vessels were for late August and September dates, both for round trips and for periods up to 14 months. The Baltic Freight Index rose nine
      914 words
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      THE SHIPPING GUIDE
      10358 36 This is a list of ships loading Ai at Singapore for ports around A* l the world. It tabulates, by destination, the name of the j t ship, the shipping line in- At volved and the estimated M dates of arrival and departure Ai from the Port
      10,358 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        482 43 V«smI toy No B«1h Arrival Depart™ Vtiul Voy No Berth Arrival Depart™ Mnini Terminal 1 Batam Baru B83 M02 alongside 16 08/2300 Batam Ma»i *****1 M04 alongside 15 08/2300 Batam Sayang *****1 M05 alongside 15 08/2300 Bo Kyaw 2 03/91 M04 awngsrte 15.08/2359 8rastagi 1 32/91 M02
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        IN MALAYSIAN PORTS
        211 43 1-*- JOOOru rw Berth: 1: ml; 2: Pacific Samudra; 3: Ping Quan; 4: ml; 5: Barge Munar No 2; 6: At-Johffa. Oi jetty: Jo Lind, Hans Doot OCJ: Jomaas. Ow on Aug 15: Bunga Selasih, Reina, Stott Sunrise, Nazym Ktodmet. Out on Aug 16: Shropshire, Clipperventure L,
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        CONTAINER SCHEDULE
        841 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From ACX Daisy 17B 16/0700 2 14/1700 15/0659 15/0900 4 15/1200 15/1459 15/1700 Aka Bhum 516N 16/2300 2 14/1700 15/0659 15/0900 4 15/1200 15/1459 15/1700 Al Muharraq 2A 16/0700 1
        841 words
    • Article, Illustration
      Lock icon Tees and Hartlepool to be privatised
      520 44 Port likely to be sold for about 120 million Reuter LONDON Britain's second largest port authority, Tees and Hartlepool, has announced plans to move to the private sector and is the first of more than 100 stateowned ports, including London and Dover, due to
      Reuter  -  520 words
    • Article
      Lock icon Honda may not have to pay duties
      160 44 AP DETROIT Canadian-made Honda Civics at the centre of a trade dispute may continue entering the US duty-free although they technically don't comply with the free-trade agreement, a former trade official says. At issue is whether the Civics made at Honda Motor Co
      AP  -  160 words
    • Article
      Lock icon Virgin joins Atlantic air fares war
      318 44 FT LONDON Virgin Atlantic has thrown itself into an air fares war with other transatlantic carriers flying into London's Heathrow Airport by offering a return economy flight to New York from as little as £279 (Ss7Bl) from September 15. The offer from Richard Branson's
      FT  -  318 words
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      15 27 Lines and services represented by, Members el the Registry ef Accredited j£ffEu»2E£m. S,ngapor# Nattonal Shi^
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      Page 27 Advertisements Column 2
      186 27 aswff HENG KT/U. CO PTE LTD U TUA3 AVE 14. SINGAPORE 2MX TELEX: «9 2067< 9HMCA. TEL: Ml SSSSISknMI rniFUHI 2M« C shv Fvlrangaol uxi MMfrrtm m zsszl EM /flail IfU lilfl Etaettc toW» Ifll /errfUiflwll! otoMii uk 3 BiPid //nUfl^Hb T««M MMiAPoar. UAUMU COMMrtar IMAttJIMBC i»IWM OMMI LPO MUffMS
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      32 27 Container Schedule 17 Datfy 2 Index to Advertisers 1 Shppng Guide 10,11 Slips m Port 17 Singapore Tdes 17 Transport Oary 3 r> 4 ventas Kepoct c Weather ml Sea Condrtnm 17
      32 words
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      125 28 BUSI.ES S T I M E s TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 I Energetic, hardworking, analytical and responsible candidate with proven track record and some years of dry cargo chartering experience. The successful candidate shall be required to manage a fleet of about 20 dry cargo vessels, to ensure that these
      125 words
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      2065 29 M OOCL (S) PTE LTD JARDME SHIPPING AGENCIES %t| V## TEL *****t1 FAX: *****09 mill## BOOKINGS TEL *****34 *****58 VFAJJUUIVI TERMINAUCFS TEL: *****18-220 I ***** 1 PESAKA JAR DINE SHIPPING AGENCIES SON. BHD L VAAf J PORT KELANG TEL *****18 FAX *****91/*****88 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6
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      2102 29 TRANSPORT DIARY Aug 21-22: Seminar on Shipbroking and Chartering I 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 Carlton Hotel. Sept
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      1547 29 TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS Veeeel Voy ETA I ETD 'Port "Penang DESTINATIONS Singapore Kelang TM» week Merit Mwit >100 Feeder by JftZ2a£M&fiQE^EGXkEX^£2£2B^X2SESsflilH CY 20/8 0800 MRS M HI CFS 19/8 2368 HAS OAK |LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR
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      1192 30 ROTTEDAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONDON EXPRESS 03/132 1775 8/9 5/9 4/9 KITANO 09/332 17/8 4/9 6/9 9/9 10/9 HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 HANNOVER EXPRESS 04/333 25/8 11/9 13/9 16/9 17/9 L KATSURAGI 07/134 29/8 21/9 17/9 16/9 THAMES 07/334 1/9 18/9
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      678 30 SEABPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN MOU SUV PPT IS LA FLOREANA 2509E8 2/9 18/9 21/9 26/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA 1 NUKUALOFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF STO VAP CLX IS LA FLOREANA 2509E8 2/9 9/10 10/10 13/10 15/10
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      1590 30 I junras REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOY SIN ALG BCI HAM BRE WT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) HOT) NORASIA PRINCESS 9123-3 11/01 08/09 11/09 13/09 14/09 15/09 IG/09 17/09 11/09 JAPAN S£A 124W 25/08 15/09 17/09 20/09 21/09 22/09 24/09 22/09 24/09
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      2057 31 Steamers Maritime Holdings Ltd &P&T l^ss^JW Containers bji-**''"" ¥»y N» +P««/+PU S'pere Alt Sou Art Aol Hbf LIWRPOOI MT 0540 10 00 12/00 17/01 03/09 05/09 07/09 01* SAR.S IKA I4AERSK 9110 17/00 19/00 21/00 05/09 00/09 09/09 11/09 CMGO CMOGAN OAT 0990 17/00 19/00 24/00 10/09 12/09 14/09 BHTANG
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      2287 31 BF^^^HTS^TiIE'TiTITTSiITTaII m P MMMiMSKB TO: U.S.A./PANAMA FM: U.S.AJPANAMA wssu «or v oak ics cm in mi n irrc «sti vor wc w s«i c«i icr oar v CHOYANG PARR IfIm" 17/0 11/» 11/9 »/9 27/9 20/9 1/10 R«l«* MM TOR NAITt 1/7 S/7 7/7 17/7 21/7 22/7 19/0 MCRKAN SENATOR
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      400 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS kssel I «oy v TS Fkuc ns trans WTO li ¥rr Ts7i TWUMG QMS T? "55 "55 1 COSMK CMALIENffi 1 T 1 1 "iT/i STLAM 15 157 i T T 1 rsean mm 15 a/i "SI mm moon li a/i
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      539 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE I*IWT ISTOK ROAM/VMM ITBUK BREMEN ANTBERP KUTU/Z3NB C/f 9/11 15/10 IS/10 22/10 MATMAM/30M} 7, 10 »/U 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Bubf«ct to MncmnotL Also accepting cargo to Caaabianca. Port Said, Port Alexandria. Gonoa, Trieste ALSO ACCEPTING BOTH
      539 words
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      926 32 I®» at m.\ V HANJIN SHIPPING I_ *TM AMR HAM BRV FEL FEEDER «L SM UK HAUL LGB OAK I «/2 S'l ,lil 9/ 2 ,0/9 i W— O"" 1 I \i'\ i 4 15/9 16/9! HANJN VANCOUVER OOCE Jl/I 08KCT 23/9 26/J HANJM OAKLAND 014N |_l/ 9 19/9 20/9
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      72 32 AFRICA ASM EIBCPE NORTH/KWTW MOKA. P*Cf* NO KMN OCEAN VESSELS AVAILABLE FOR SALE/CHABTER/TftANSHIWUIfeNT -80MQ THAO* -WW MMimmCWH «W| "A VCMCL- MAONAB/CALCUTTA/CMTTTAOONO/KAMOOON «M 1 -AAJKW r KIK/BATTAIdP/VUNOTAU/mNOI4 HMH Jl/W1 ■A VISSCL" Col.oilBO/OUBA4/DAAIIiAM/KUWAIT JVVJI •A VBL- Jt DO AM/MOO€B AM/ AQABA nW^ -a SCRAVA" -SM BATAM WCBKLV KKVtCH TMC SHIPPING/A AARON ORIENT
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      1277 32 Jd■ IH -THTntt IKI SGP ICG ASS KLG PUS NO 03R NCY 9C TYO UU CHS BAL NYC ll# MM DM Df IM fl CM KL I GDITrr K-037 15/1 h n 21/1 22/1 23/1 20/1 a/I 2J/I 30/1 31/* 2/1 13/9 2S/J 27/9 29/1 l/M J/10 11/11 11/11 13/1*
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      2061 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) J? BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 r UK/EUROPE SERVICE .*****19 DOCUMENTATION DEPT: *****44/*****14 L 4ff% mm AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 P FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 i miK nepline son
      2,061 words
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      1014 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 EASTBOtC—CTSCHMONG BMfctfßl TIWCHrrED VIA ROTTEKOAAI att> 5? 6 ww m bmv
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      1594 34 K" V M ICR No: **********0 M) W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD Md TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 M. Mv M I MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut
      1,594 words
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      1189 34 VQ PHIU-Ottl€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Budding Singapore 0106 T l: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****76/*****3* rt* BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU jk (flg; MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 20 AUG MONTREAL, OTTAWA. TORONTO, 23 AUG
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      1561 35 r.SSsSSmJmm pacific international lines (pte) ltd S.SSSSy M JBB Pt. Building, 140 Cecil Street #03-00, Singapore 0106. w.««ci wov mj ~m T SIN VESSEL VOY SIN BKK SIN ETTJE 9102 17/1 21/1 24/8 BUNGA TERATAI 333 16/8 21/9 2S/9 KOTA PAHLAWAN 9130 19/9 21/1 2S/9 EQUATOR MAS 15N 18/8 21/S
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      1138 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN I Atom* 278 loPt 31/8 1/9 2/9 4/9 jNedtoyd Tokyo 276 16/8 6/9
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      Page 35 Advertisements Column 3
      445 35 ZZT MYANMA wßa, five star une w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf P«n P.Gdf HPA-AN VI 66 ft 11/20 Au* 20/» MYOMA YftA VlttW 21/23 Au| 24/2 C Au 27/29 Auf A*A VIIOW 20/25 Hut PA THE* VII3W 19/21 Auf 17/W Au| PAGAN VI74W 26/21 Au«
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      703 38 Pk»*:i»ii|iinfiii:iam'i»P TO AUSTRALIA/NEW ZEALAND fwi Iss |Fr«a T55 |s»d l*-c* Ink IF chum TueSTSSTFTT m 75 175 Tn~ n/» u/» i»/e 1575 SS& m To/5 1775 nJi~ m 7» ITio 57T5 57T0 c vcroime 2?» 1575 5715" "TTIo" TS7IS" TiTIT »/i« MMm m 14/10 21/10 21/10 1/11 «/n i/n t/u
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      1032 38 EXPORTS TO HONGKONG. TAIWAN I JAPAN "IMCE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PEL FEN MT SM I MW. HK6 KAO Kg TYO SM2 NCO Ko6~|| VESSEL VOY |SW |PKL FEN 8U» SW~ C. CARtO 88 *16.8 15.1 20.1 248 2t.» 38 8 31» 318 19 EQUATOR PtPE 6A 17J
      1,032 words
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      1526 38 /EI t CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE maiaysws AGENTS SINGAPORE'S GENERAL AGENTS moan A«TS: CHUNG CHIAO SHIPPING SDN BHD C OSTAR SHIPPING PTF LTD PT. GLOBAL PUTRA HI TEL: 4425W1/I7 FAX: *****92, ***** m IQO(IINDONESIA MARITIME P. KLAN6 TEL 36U106/I Til MA ***** IW/H***** JWWJMWI WWIIWC PENAK
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      605 39 —Ml GUARANTEED CONSOL TO:- KEELUNG/KAOHSIUNG 25.8.91 HONG KONG 25.8.91 BUSAN 25.8.91 BANGKOK 25.8.91 EUROPE 25.8.91 TOKYO/KOBE/YOKOHAMA 25.8.91 USA 25.8.91 AUCKLAND 23.8.91 FREMANTIE 24.8.91 SYDNEY/MELBOURNE 21.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAY, SOPHIA BAY OH KAWEN SIM FAST DKECT
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      486 39 ISSnJcMFIS^ECSS^AGESciE^sTPT^TO A TEL: *****33 (12 Uom) m FAX: *****15/*****03 CO] TELEX: RS ***** RISHIP (3 Linos) \m ETHIOPIAN SHffPWG LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANDINET 24W8 31/08 DARESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA ABYOT MM 20/09 OARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      765 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA eta JWRE PORT KELANG PENANG Km MCE 22/8 Loading tor Mate BHMAI HUDHU 21/1 loading for Calcutta OOUHN 23/1 loading For Mile roc* sum me m Port loading for Mate 00NAKUU8 In Port Loaded For Fetaaro PROGRESS LBERTY 22/1 SaM
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      477 39 JAKARTA BANGKOK VESSEL ¥0* SW BIT VESSEL WT SWBAPORE BANMKM WAN* BHUM 104S 17/1 20/8 NANT* BHUM 53N h#t 15/8 im U/» DASA 8 82 21/8 24/8 CHAITA BHUM#* 19N Sat 17/B Tw 20/8 WAN* BUM IWS 24/8 27/8 UAH* BHUM# 7ON Sui 18/8 MM 21/1 j DM M a/>
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      358 39 TMR-UE VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM EACLE CATC 01C Sated 24-25/ OS 31-01/09 TIGER STAR 17ON 22 23/0* 29-31/08 06-07/09 TIGER BAY 171N 26-27/06 02-04/09 10-11/09 VSL VOY SMGAPORE/CALCUTTA/SMGAPORI VESSEL VOY SM CAL SM EAGLE BREEZE 07S 17-18/08 24-28/08 03-04/09 LHOTSE 407 24-25/08 30-04/09 10-11/09
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      1251 40 M AC-NELS S'PORE MPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS COLOMBO/S. AFRICA PEN PK SIN PEN PK SIN CoJoniso 23/8 24/8 25/8 23/8 24/8 25/8 Ldn/Fli/Rdm/Ant Durban/Pt Louis
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      310 40 BLUE star line TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL ITT SIN MAKSUftI 0502 27/1 WW NPt 10/9 27/» PHOSttCT 1«S l/J 20/» WIA NPV 22/J MA NOAM* 0604 21/9 3/10 WIA NPt 5/10 22/10 FULLY CONTAINERISED SAILINOS DISCHARGING AT
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      1222 40 I THONG SOON LIMES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL TVOY 1 ETA [d'EST VESSEL VOY SPOtE P.
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      685 41 \S?^^companisU»eruaS^^^ vCfiL DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAK BULK/FCI/SOC CARGOES TO/FROM CALLAO, MATARAM. HO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH ML Of LADING. Ptnanf* P. Ktian| S«f apart EHm SHAPIAEYERETT 03/04 S«pt 05/01 S*pt THOMMfVQttTT 03/05 Oct OC/Ot Oct 11/12 Oct KJUUMVEKTT 12/14 Oct
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      535 41 VSI [VOY bfORE hIAINLWDI IUX IKST [S*¥ [NYC fcffl m TMSTI 13IE 15/1 m KOREA 11/1 I*/* 22/9 24/J IEIWMO K 23/1 M HONGKONG 21/* M/t 4/1* 0/10 1/1* m osm* iK 27/« m keilung 2/10 11/10 is/io it/io u/io m SYDWY 125 C 9/9 2M KM* 14/ It 2)/It
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      593 41 MULTMAOOE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF Accirrmo FCL/LCL DUBAI OAMMAN. SHARJAH, DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS. JEOOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. lAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON FELIXSTOWE. LEEDS. TIBURY. ABERDEEN. LE HAKVt. CO WAM INDIAN SUB-CONTINENT ACCEPTINO FCL/LCL COLOMBO.
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      Page 41 Advertisements Column 4
      604 41 TO PERINTIS LINE a ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASETIA 189 A 18/08 21/08 PELOPOR 1001 17/08 20/08 DERAJAT 950 20/08 23/08 PRASETIA 191 A 22/08 25/08 PELOPOR 1002 24/08 27/08 TANTO UTAMA 185 IN PT 19/08 TANTO UTAMA 187 24/08 27/08
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      374 41 Tigammmmm Si FM EAST 15/8 KEELUNG/ KAOHSIUNG 18/8 BANGKOK 17/8 MANILA/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 SM MM 18/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIK EUtOPt/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/CAWAPA
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      658 42 Ira Q3aXEEDHaQaEQBBB^H SINGAPORE CHITTAGONG FULL CONTAINER FEEDER SERVICE (ALSO ACCEPTING LCL CARGOES) SINGAPORE CHITTAGONG MONGLA I CALCUTTA VESSEL VOYAGE NOS. ETA ETD ETA IETD ETA lETD ~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 2/3 FONG
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      Page 42 Advertisements Column 2
      510 42 nonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 18 AUG ALSO ACCEPTING CARGOES TO: POUT VESSEL ETA NEXT BANGKOK CONTERM P PROGRESS 20/1 27/1 JAKARTA CONTERM EDEN 20/8 27/S PENANG CONTERM A BHUM lt/t 25/8 PORT KELANG CONTERM I. BIRO 21/1 29/S EUROPE CONTERM HJ SINGAPORE 11/S 25/1
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      Page 42 Advertisements Column 3
      435 42 CUJi conmv inrmnnnf/i\ rLCL/FCL SERVICE FROM W 11 If V U SU X. V General Agents: 7&Wn/AOC CfjO PENANG— KL: allied-link SINGAPORE: £tsj3r 03-*****55 778 6522(22 lines) (SEffi Marine Oi»g Susan Ng/Phillp Kee Irene Cheng/Eether Yep rwft PLATOU PACIFIC ft SHIPPING SERVICES V REGULAR FAR EAST N. AMERICA BREAKBULK V
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      Page 42 Advertisements Column 4
      439 42 MANILA ETA VIGOUR PACIFIC 43N8 17/8 VIGOUR SINGAPOUR 7NB 24/8 BANGKOK 17/8 21/8 BUSAM 18/8 20/8 HONGKONG 18/8 20/8 DURBAN/PT LOUIS 27/8 12/9 KEELUNG 15/8 22/8 US A. 18/8 25/8 PT KELANG 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 CHINESE-POLISH
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      354 43 vO c vOc vQc vQc \Oc vQc <Dc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: U THE ONLY CONSOLIDATOR WITH WORLDWIDE NETWORK V J Weekly FCLACL Services To/From y J > USA EUROPE FAR EAST > BallimoreiVotainer Consolidation Services Hamburg: Van Ommeren Hamburg
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      Page 43 Advertisements Column 2
      629 43 -T" Nedlloyd NEDLLOYD YOUR V Nedlloyd Lines GATEWAY TO EUROPE/MEDITERRANEAN IN 1992 NEW ZEALAND/FUi 1 VESSEL Jkt P-Kf "Pen *Bkk Sin S'baya Auckland Fiji(A) N Plymouth (A) Timaru Lyttefton(B) Ounedta(B) Napier Wefcgton(C) Tauranga N Rouen/9120* 18/8 22/8 18/8 18/8 20/8 24/8 9/9 2/10 11/9 12/9 13/9 13/9 14/9 15/9 16/9
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      301 43 TIDES AND WEATHER TODAY'S TIDES (lw#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 ********************1400 ******************** 2000 2100 22M 23M JR 14 20 2.4 25 24 2.1 16 1.2 09 07 08 10 1.5 2.1 2.5 26 16 2.3 1.7 1.2 09 06 06 0.7 PP
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      822 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST rang wt w rut at lk hau. voy lbh oak sea ft haul ww tcm/«a ptl MMG CHUN 129 19/ OS 20/01 22/00 H MNOWTO* 40E 10/09 21/09 24/09 GOUXN GATE
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      Page 44 Advertisements Column 2
      155 44 PASIR GUDANG/SJNGAPORE TWICE WEEKLY SAVINGS (TUE A SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 025S 16/8 17/8 026S 19/8 20/8 027S 23/8 24/8 028S 26/8 27/8 029S 30/8 31/8 030S 02/9 03/9 RASIR GUDANG SINGAPORE (07)*****0/*****1 (02)534-0042 *****8 5 7 A A mmmmmmmm l DAMAR SEGARA AGUNG LINES VESSEL
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      Page 44 Advertisements Column 3
      535 44 CHARTPOINT Every Saturday in Business Times p A X*tf»P ,NG Rate s call us tor deal J Fremantle\B X J Sydney Adelaide u J Melbourne SIN JKT PEN PKL JOH BKK BSB MNL Tel: *****11 *****66 *****8 *****98 *****2 *****29 *****3 *****76 Fax: *****59 *****14 *****8 *****88 *****6 *****17 *****5
      535 words