The Business Times, 19 August 1991
1991-08-19
1
44
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The Business Times
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Title Section10 1991-08-19 1 BUSINESS TIMES MCI (P) 16/12/90 Monday, August 19, 1991 75*10 words
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NEWS SUMMARY
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83 1991-08-19 1 Reuter WASHINGTON The US Treasury Department said yesterday it had withdrawn the right of Salomon Bros securities firm to participate directly in further treasury bond auctions until it took appropriate steps to correct irregular business practices. The statement came as the Salomon BrosReuter - 83 words
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Article64 1991-08-19 1 MOSCOW The Prime Minister and other ministers of the Soviet republic of Georgia have resigned or been dismissed by President Zviad Gamsakhurdia. Tass reported yesterday that the changes were due to a crisis arising from "the failure of the Georgian government to halt the deterioration in64 words
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Article27 1991-08-19 1 LICENSING procedures for investments in Batam are much more arduous than those in Singapore and Johor, says an Indonesian economic observer Page 727 words
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Article32 1991-08-19 1 A CONTINUING slump in tourism in China and a glut of hotel rooms has left nearly all the country's foreign-funded hotels suffering low occupancy and huge losses Page 832 words
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Article37 1991-08-19 1 FEARS that the US economy is still not on the way to a full recovery remain in spite of a record low trade deficit registered for the first half of the year Page 837 words
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Article32 1991-08-19 1 THE DETAILED preparation, calculation and monitoring of staff benefits is a small part of a comprehensive plan worked out by SIA to post its managers abroad Page 1132 words
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Article40 1991-08-19 1 YOU don't have to stick to The Four Seasons and Nessun Dorma to make your mark in the classical music world. Gothic Voices opted for medieval repertory and quickly found itself on the winning track Page 1740 words
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Article30 1991-08-19 1 SHIPPING agent Nedlloyd EAC Agencies has started preparing itself for the impending split of the ScanDutch consortium at the end of this year. Shipping Times Page I30 words
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MARKETS SUMMARY
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Article30 1991-08-19 1 SHARES of Malayan United Industries Bhd surged late last week amid talk that Malaysia's brashest corporate trader was preparing to wrest control of the conglomerate Page 330 words
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Article38 1991-08-19 1 STAMFORD Tyres' public offer is regarded as "affordable" but investors need "holding power" since the tyre distributors' growth in the near term will not be as rapid as in the past, say analysts Page 338 words
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Article29 1991-08-19 1 NINTENDO Co Ltd, the world's leading video game maker, has topped the list of Japan's most competitive companies in the year ended March 31 Page 329 words
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Article41 1991-08-19 1 US PERSONAL computer manufacturers may be forced to shift production of portable computers out of the US in the wake of a ruling that has triggered steep dumping duties on Japanese-built portable computer displays Page 541 words
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Article30 1991-08-19 1 CITICORP has announced that sales of travellers cheques in the second quarter grew by more than 18 per cent over the first quarter 4 Page 630 words
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Article40 1991-08-19 1 GERMANY'S commercial banks are not expected to add a full percentage point to interest rates on loans and deposits following the decision by the Bundesbank to push up two key German refinancing rates Page 640 words
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Article, Illustration27 1991-08-19 1 Friday Change BT-MGA 675.31 -10.64 Kuala Lumpur ....541.66 -9.26 Tokyo 22,814.37 -204.31 Hongkong 4.063.28 -10.06 Sydney 1,566.9 +9.9 New York 2,968.02 -30.41 London 2,621.02 +3.827 words
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Article22 1991-08-19 1 Exchange rates USS SS 1.7240 100 Yen SS 1.2593 MS SS 0.6209 Money market rates Overnight 4-7/8 +1/8 3-month 5-3/16% +1/1622 words
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Article31 1991-08-19 1 Rubber S'pore Sep l40.00«/kg -0.25 M'sia Sep 226.50*/kg unch KL Tin Turnover 42 tonnes +22 Spot MS 15.35/kg -0.01 Crude palm oil Turnover 1,371 lots -387 Sep MS862 /tonne +131 words
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567 1991-08-19 1 SN Vasuki - Japanese banks raise short-term Euroyen loans for them By SN Vasuki JAPANESE BANKS in Singapore have lent the equivalent of some Ss4o billion to Ssso billion in short-term Euroyen loans to cashstarved Japanese-based companies cramped by credit restrictions at home. The567 words
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Article, Illustration617 1991-08-19 1 Anna Teo - General Election '91 By Anna Teo WITHOUT an elected president as yet to check government spending, Prime Minister Goh Chok Tong needs a strong mandate to proceed with programmes that involve unprecedented dips into the reserves, such as Edusave and Medifund. These initiatives are617 words
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297 1991-08-19 1 Schutz Lee - By Schutz Lee QUEENSTOWN. the alpine resort town in New Zealand's South Island, attracted about NZ$45 million (5544.4 million) property investments from Singapore individuals and companies in the past six months. These included purchases of residential properties, as well as interests297 words
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402 1991-08-19 1 Dawn Tan - Desaru resort dispute By Dawn Tan CLOUDS continue to gather over the multi-billion-dollar Desaru resort project which has been beset by legai wrangles between the project's major partners. In the latest turn of events, Mr T Thangathurai, chairman and CEO of K&S International, has402 words
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158 1991-08-19 1 AFP JAKARTA The Indonesian government looks set to hit the brake on the country's overheated economy even harder with plans to shelve some of its industrial projects, say analysts. President Suharto last week urged state companies to slow their investment and helpAFP - 158 words
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Page 1 Advertisements
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Advertisement202 1991-08-19 1 Protect Your Eyes. T=^\ Built-in 1C Inverter prevents light nickering. L National Intrrlcr "Uwe-Kje" Tabtr I junps I an spniall\ dnigned for: Archrtectv l)(Mfn.-rs (Hiice jjjj •Factory Kc.uline SluiKine VK"TW>N PHI XX IS pi|' fi) Ak»A>jAMr WNU>HST M<Onh.ui! K.k«l «iu Ix l hard |(hlh J W J 1 S4nv J|«»C202 words
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Advertisement26 1991-08-19 1 On Pg 2: PM Goh praises nine retiring backbenchers By-elections in 12-18 months to self-renew govt SDP, WP to allow candidates to switch parties in GRC26 words
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Advertisement10 1991-08-19 1 NZ economic upturn may be another false start, Pg 1010 words
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Advertisement107 1991-08-19 1 4 4 > 4 a 0 C. T. HOO Singapore #01-22 Tangtin Shopping Centre. Singapore 1024. Teh *****47. *****43. Rediscover your love of flying. Once upon a time you approached flying with a keen perhaps become simply a means to an end Rediscover the sense of excitement Then you grew107 words
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HOME NEWS
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NEWS ROUNDUP
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80 1991-08-19 2 SINGAPORE'S economy is slowing down and is expected to grow at 5.5 per cent this year, below the government's forecast of 6 to 8 per cent, said the Business Environment Risk Intelligence. Beri, the Washington-based risk analysts, cited the recession in the US and80 words
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Article80 1991-08-19 2 TWO Members of Parliament have praised the achievements of neighbourhood schools, saying that they should be the focus of Singapore's education system in the *****. The MP for Bukit Batok, Dr Ong Chit Chung, said on Saturday that it was right for Singapore to give more80 words
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Article97 1991-08-19 2 THE National University Hospital (NUH) will have a further 200 general beds and eight operating theatres in three years, Education Minister Dr Tony Tan said on Saturday. Under the third phase of the hospital's expansion, costing $160 million, 20 intensive care beds, a specialist outpatient97 words
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Article61 1991-08-19 2 HUNGARY has been added to Singapore's list of 22 destinations for Telecom's Home Country Direct Dial Service. A caller can dial the special international toll-free telephone number 800-3600 from any ordinary telephone or public payphone in Singapore to reach an operator in Hungary. Similarly, Singaporeans in Hungary can61 words
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Article45 1991-08-19 2 THE Ngee Ann Polytechnic will hold its 10th and largest graduation ceremony this week. The 3,965 students graduating will include the first batch of 30 Republic of Singapore Air Force personnel from a part-time day-release programme on electrical engineering and mechanical engineering.45 words
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611 1991-08-19 2 Anna Teo - General Election '91 By Anna Teo THE nine People's Action Party backbenchers who are retiring this year can do so with their heads held high, said Prime Minister Goh Chok Tong yesterday. Singaporeans should not jump to conclusions about their having being dropped for611 words
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439 1991-08-19 2 WITH only 10 new faces this round, the People's Action Party has not the full quota of candidates to self-renew the Government. Hence there will be by-elections in 12 to 18 months, said Mr Goh Chok Tong on Saturday night. "Normally439 words
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382 1991-08-19 2 Shoeb Kagda - By Shoeb Kagda THE Singapore Democratic Party (SDP) and the Workers' Party (WP), the two main opposition parties contesting this year's general election, have agreed to allow their candidates to switch parties when contesting in a Group Representation Constituency (GRC).382 words
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Page 2 Advertisements
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Advertisement658 1991-08-19 2 f■J fSL ft TAT LEE BANK LIMITED (IncorporMK) n «w Rapubkc ol Sngwora) To All Shareholders The Board of Directors wishes to announce the unaudited results for the six months ended 30 June 1991:1991 1990 The Bank The Group The Bank The Group SS'OOO SS'OOO SS'OOO SS'OOO 1. UNAUDITED RESULTS658 words
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Advertisement265 1991-08-19 2 OFFICIALOPENIN^OF>-L CEI^^U EXPRESSWAY TUNNEL A historic event like this will naturally generate a lot of public interest. And Singapore's two main dailies The Straits Times and Lianhe Zaobao will see to it that readers get to know all there is to know about the new CTE. The topics to be265 words
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COMPANY NEWS 1
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378 1991-08-19 3 Bernama HO CHI MINH CITY The participation of Sapura j Holdings Bhd in Vietnam's first public payphone service here has given Malaysian businesses an important foothold in a market rapidly opening up to international trade. Although relatively small, j involvingBernama - 378 words
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Article, Illustration798 1991-08-19 3 Leslie Lopez - Vincent Tan said to be making general offer at M 52.71 per share From Leslie Lopez in KUALA LUMPUR SHARES of Malayan United Industries Bhd (MUI) surged late last week amid talk that Malaysia's brashest corporate trader Tan Sri Vincent Tan Chee798 words
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Article, Illustration888 1991-08-19 3 Selva Kumar - Stamford Tyres offering By Selva Kumar STAMFORD Tyres Corporation Ltd, which will be the third stock listed on Sesdaq this year, is offering 12 million new shares and two million vendor shares with a par value of 25 cents each. At 60 cents a888 words
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276 1991-08-19 3 SOUTH PACIFIC Textile Industries has reported a fall in turnover and profits for the year ended April 30, 1991. But the performance of the company should be viewed from the sale of several loss-incurring subsidiaries during the year that resulted in276 words
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COMPANY BRIEFS
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84 1991-08-19 3 SIME SINGAPORE has informed the Stock Exchange of Singapore (SES) that it has completed the purchase of SPPL Building, located at Alexandra Road, from SPP Limited. The property was purchased in the name of its wholly-owned subsidiary, Alexandra Properties Private Ltd. The total84 words
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Article82 1991-08-19 3 KUALA LUMPUR Batu Lintang Rubber Company's extraordinary general meeting will be held as scheduled today as the injunction taken out by Mr Tan Yeow Ngoh against it in respect of the EGM was dissolved last Friday by mutual consent. This was stated in a brief news82 words
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Article86 1991-08-19 3 KUALA LUMPUR Amalgamated Steel Mills (ASM) said that the amount of borrowings from financial institutions for the proposed acquisition of six plantation companies by Akuijaya Sdn Bhd will be about MSI2O million (5574.4 million) as the company will be capitalised at Ms6o million. Replying to a86 words
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Article40 1991-08-19 3 KUALA LUMPUR Malaysian International Merchant Bankers, on behalf of Malaysian Packaging Industry (Maypak), has announced that the Capital Issues Committee has approved Maypak's bonus issue but on a revised basis. The revised bonus will be two-for-five.40 words
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Article76 1991-08-19 3 KUALA LUMPUR Sungei Way Holdings said the terms of payment for the remaining 90 per cent of the purchase consideration for Sunway Juarasama, Sungei Way Marketing and Sungei Way Setia Quarry will be made in cash. Replying to a stock exchange query, the company said76 words
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Article67 1991-08-19 3 KUALA LUMPUR Nam Fatt has reported a group pre-tax profit of M 58.99 million for the six months ended June 30, 1991. This came on a turnover of M 581.94 million. After-tax profit was M 55.26 million. The company's earnings per share amounted to 11.7 sen.67 words
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COMPANY BRIEFS
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127 1991-08-19 4 BANGKOK Srithai Superware Co Ltd, Thailand's largest melamine tableware manufacturer, made a net profit of 76 million baht (555.09 million) in the first half of this year, company managing director Sanan Angubolkul said. Revenue in the first half of the year amounted to127 words
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Article81 1991-08-19 4 SEOUL Korea Machine Co Ltd (KMC), the largest bearing maker in South Korea, has signed a US$25 million (Ss43 million) contract to buy Universal Bearings Inc (UBI) of the United States, a KMC executive said. "We aim to secure a bridgehead in the United81 words
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Article115 1991-08-19 4 TOKYO Japan's leading trading house Mitsui and Co Ltd will join a project to develop an industrial complex in the suburbs of Manila, a leading economic daily reported yesterday. The Nihon Keizai said the Japanese trading firm has acquired a 10 per cent stake in Science115 words
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Article86 1991-08-19 4 LONDON Thorn EMI pic said in a statement that Japan's Hamamatsu Photonics decided not to proceed with talks to acquire Thorn's Electron Tubes Ltd. "This follows the decision of the Secretary of State for Trade and Industry to refer the proposed acquisition to the Monopolies86 words
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259 1991-08-19 4 AFP TOKYO Nintendo Co Ltd, the world's leading video game maker, has topped the list of Japan's most competitive companies in the year ended March 31, 1991, replacing Toyota Motors Corp which sank to third place, a business daily reported on Saturday.AFP - 259 words
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283 1991-08-19 4 BANGKOK Thailand's Queen Sirikit National Convention Centre will rake in annual gross income of up to 700 million baht (Ss47 million) once Bangkok is recognised as one of Asia's major trade show and convention destinations comparable to Singapore and Hongkong, predicts283 words
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618 1991-08-19 4 Reuter AUCKLAND Fletcher Challenge Ltd, which has already flagged that 1990/91 profit to be reported tomorrow will fall for the first time in eight years, should sell non-core assets such as the Rural Bank ahead of an even lower profit this year,Reuter - 618 words
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Article, Illustration284 1991-08-19 4 He urges govt to heed members' views on reforms FT HONGKONG Mr Philip Wong, who resigned as first vice-chairman of the Hongkong Stock Exchange in May following controversy over special share allocations, has spoken out for the first time about reforms theFT - 284 words
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303 1991-08-19 4 Bernama KUALA LUMPUR Sin Heap Lee-Marubeni Sdn Bhd's construction of an integrated township in Cheras, including a golf course, is expected to generate a sales value of more than Msl billion (SS62O million) when fully completed in six years, its chairman,Bernama - 303 words
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419 1991-08-19 5 FT Jf &AN FRANCISCO US personal computer manufacjfcurers may be forced to shift production of portable comi outers out of the US in the ,IWke of a ruling by the International Trade Commission ~thai has triggered steep dumping duties onFT - 419 words
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301 1991-08-19 5 Reuter LOS ANGELES A US bankruptcy court judge refused to grant the creditors' committee of Carter Hawley fjiaie Stores Inc the right to j&te.a lawsuit related to the retailer's 1987 restructuring. Judge James Dooley denied a motion by the committee thatReuter - 301 words
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262 1991-08-19 5 Reuter STOCKHOLM Swedish home appliances maker AB Electrolux reported better-than-expected profits for the first half of 1991, but failed to give investors the positive economic outlook they were looking for. Electrolux reported JanJune 1991 profits of 917 million crowns (*****.2 million), down fromReuter - 262 words
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431 1991-08-19 5 AP LOS ANGELES All but one major oil company accused in a lawsuit of conspiring to depress the price of oil from a California oil field settled the matter for US$22O million (*****.4 million), a state official said. Chevron Corp, Texaco Inc,AP - 431 words
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COMPANY BRIEFS
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92 1991-08-19 5 PALLATINE, Illinois Square D Corp, a subsidiary of Schneider SA, said it is preparing a bid to provide electrical distribution equipment for a US$7 billion (Ssl2 billion) public works programme under way at Kansai International Airport in Osaka, Japan. Square D said92 words
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Article93 1991-08-19 5 LONDON UK confectionery and soft drinks group Cadbury Schweppes pic said it welcomed a Monopolies and Mergers Commission (MMC) report on the UK soft drinks industry which concluded that the industry operates generally in the interest of consumers. Dominic Cadbury, the company's chief executive, said Cadbury welcomed93 words
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Article78 1991-08-19 5 DUSSELDORF, Germany Steel and engineering group Mannesmann AG, which earlier announced a 27 per cent fall in first half 1991 group net profit, said it was unlikely that the business trend would change in the second half. Its interim report said signs for a turnaround were78 words
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Article95 1991-08-19 5 LONDON Invergordon Distillers Group has scotched a takeover bid launched at the start of the month by US tobacco and beverages group American Brands, which would have made the latter the world's third-biggest whisky producer. The bid is worth £286 million (*****.1 million). Invergordon Distillers Group,95 words
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240 1991-08-19 5 Reuter AMSTERDAM Koninklijke Nederlandse Papierfabrieken NV faces continued overcapacity in the papermaking sector in the future, said chairman Frank de Wit. "Our estimate is that overcapacity will certainly be a factor for us in 1992 and also in 1993," Mr De Wit said. ButReuter - 240 words
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Page 3 Advertisements
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Advertisement288 1991-08-19 3 W SAMSUNG NOTEMASTER 3865/16N I 1 rJREE ggg Before you run out and spend five or six thousand dollars for a 386SX notebook PC. we seriously suggest you take a close look at Samsung. We've just introduced the Note Master 3865/16. It has the features of a Compaq notebook PC288 words
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Page 4 Advertisements
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Advertisement821 1991-08-19 4 BANK OF BOSTON THE FIRST NATIONAL BANK OF BOSTON (Incorporated in th« U.S.A. with Limited Liability) Consolidated Balance Sheet (in US$ thousands, except share amounts) December 31 1990 1989 LIABILITIES AND STOCKHOLDER'S EQUITY 1990 1989 ASSETS Cash and due from banks 1,495,482 1,620,771 Deposits: Interest bearing deposits in Domestic offices:821 words
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Advertisement125 1991-08-19 4 iS^Oscars Oscars presents the best salad bar in town. 14 varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy meal. Brasserie Bar 30 Rotonson Road. 81-00 Robinson125 words
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Page 5 Advertisements
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Advertisement59 1991-08-19 5 Mazda 929 Mm I H H here is no such thing as easy money. But there are easy decisions. The Mazda 929. $97,300. For the full facts and the opportunity to lest drive the remarkable 2184 cc Ma/da 929 Premium, please contact Mazda Motor (Singapore) Pte Ltd 1 Kampong Ampat59 words
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FINANCIAL NEWS
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392 1991-08-19 6 North America shows strongest growth Bernama CHICAGO Citicorp has announced that sales of travellers cheques in the second quarter grew by more than 18 per cent over the first quarter, with North America accounting for a leading 41 per cent increase. TheBernama - 392 words
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Article, Illustration478 1991-08-19 6 Reuter FRANKFURT Germany's commercial banks are not expected to add a full percentage point to interest rates on loans and deposits, following last Thursday's decision by the Bundesbank to push up two key German refinancing rates. "In the run-up toReuter - 478 words
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447 1991-08-19 6 NYT NEW YORK The leadership of Salomon Brothers, by resigning last Friday, made a dramatic effort to restore investor confidence in the powerful but troubled investment banking firm. But Salomon still faces many legal and regulatory problems in connection with its admitted irregularitiesNYT - 447 words
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SMALL CHANGE
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82 1991-08-19 6 NEW YORK The New York Stock Exchange reported net income of US$lO,Ol7 million (S$ 17.2 million) for the second quarter, compared to U554,591 million a year ago. Revenues were U5596.3 million for the second quarter, up from US$B9.4 million a year ago. For82 words
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Article92 1991-08-19 6 TOKYO The central Bank of Japan topped a list of taxable incomes in the year to March, declaring 1.1 trillion yen (S$ 13.8 billion), a private credit research institute said last Friday. Teikoku Data Bank Ltd said in a survey report that the central92 words
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Article67 1991-08-19 6 OSLO Analysts say they fear that Norway's second biggest bank, Christiania Bank og Kreditkasse, will reveal a huge net loss when it presents its first-half results on Thursday. Two different sources referred to market rumours that the bank's chief executive officer Sverre Walter Rostoft,67 words
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Article67 1991-08-19 6 LONDON BAT Industries pic is confident that a California ruling that insurers there must refund US$2.5 billion (554.3 billion) to motor policyholders would have little significance for its US insurance subsidiary'. Farmers. Analysts earlier attributed a drop in BAT's share price to news of67 words
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Page 6 Advertisements
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Advertisement202 1991-08-19 6 Kfl THE DESIGNER Egg] HANDPHONE, mm ||be^ TECHNOPHONE A world leader in Cellular Phones. Widely sold in Europe. USA and Asia. NEW LINES OF COMMUNICATION Technophone is designed for the new ETACS system so there are more lines of communication and you Communications j can use it in Malaysia eventually.202 words
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Advertisement65 1991-08-19 6 Savour a true (lining experience at OasaManca Good food, excellent service and the finest selection of wines from all over the world; at sensible prices. At Casablanca, we take pleasure f in ottering our customers a J truly remarkable dining experience. i i < OMAIHAN-CA WINK BAR «r RESTAURANT 765 words
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THE REGION
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431 1991-08-19 7 Licensing procedures much more arduous than in Johor, S'pore JAKARTA Licensing procedures for investments in Batam are much more arduous than those in Singapore and Johor, said an Indonesian economic observer. A report in the Jakarta Post, quoting Man Pangestu, the431 words
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425 1991-08-19 7 MBT KOALA LUMPUR Malaysia's cement and clinker exports will be controlled and restricted to ensure that domestic requirements are met first, Domestic Trade and Consumer Affairs Minister Datuk Abu Hassan Omar said last week. -In this context, export licences for cement willMBT - 425 words
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188 1991-08-19 7 AFP PERTH Western Australian wheat growers, angered by Washington's grain subsidies policy, are planning a vigorous advertising campaign in America in a bid to gain sympathy from the US public. The president of the Western Australian Farmers' Federation, Peter Lee, said on SaturdayAFP - 188 words
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314 1991-08-19 7 FT WASHINGTON A major Cabinet reorganisation in Vietnam has improved the prospects for settling the Cambodian conflict and accelerating the thaw in relations with Washington, senior administration officials say. American officials have expressed hope that the changes in the CabinetFT - 314 words
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NOTE BOOK
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50 1991-08-19 7 KUALA LUMPUR Iranian Post and Telecommunication Minister Seyed Mohamed Gharazi invited Malaysian firms on Saturday to participate in the country's telecommunications industry. He said Malaysian participation would be given due consideration in the industry which was predicted to be worth about US$5O million (SsB6 million).50 words
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Article62 1991-08-19 7 MANILA The US Export-Import Bank and Citibank have signed an agreement extending a U*****.1 million concessional loan to the Philippines, the finance department said here last Friday. Newly-arrived US Ambassador Frank Wisner and Philippine Finance Secretary Jesus Estanislao signed the accord extending the funds for62 words
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Article65 1991-08-19 7 MANILA The Asian Development Bank (ADB) has approved a U*****,000 (S$ 1.03 million) grant to the Philippines to improve the tax collection efficiency of the Bureau of Internal Revenue (BIR), the Manila-based bank said. The ADB said the assistance is expected to strengthen procedures and65 words
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Article60 1991-08-19 7 BANGKOK Twenty-seven ethnic minority insurgents and dissident Burmese students have surrendered to Burmese authorities in several border areas between July 9 and July 19, the state-run Radio Rangoon said on Saturday. The guerillas belonged to ethnic Karen, Chin, Shan and Burmese Communist Party (BCP). The students were60 words
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Article84 1991-08-19 7 KUALA LUMPUR Bank Negara's gold and foreign exchange reserves declined slightly to M 527,667.16 million (5517.154 million) as at July 15, 1991 from M 527,996.171 million a fortnight earlier. A statement from the central bank here said its total assets and liabilities dropped to M 541,999.15984 words
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Article61 1991-08-19 7 JAKARTA Foreign Minister Ali Alatas said last Thursday that Indonesia and Mozambique have agreed to open diplomatic relations, setting aside their differences over Indonesia's annexation of East Timor. The agreement was reached at a recent meeting in Turkey, requested by his Mozambique counterpart, Mr Alatas told reporters on61 words
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Page 7 Advertisements
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Advertisement259 1991-08-19 7 fcipS *****b {MQQO I Wet Kok Wah, Managing Director. Stamford Tyro International Ptr Ltd j STMf TYRES IIITL Pt_ Success... Comes With The Right Partners "From a small tyre retail shop, we have grown into an international distributor sourcing from a wide base of tyre manufacturers worldwide and exporting to259 words
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THE WORLD 1
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Article, Illustration438 1991-08-19 8 Continuing tourism slump leaves glut of rooms and low occupancy UPI BEIJING A continuing slump in tourism in China and a glut of hotel rooms has left nearly all the country's foreign-funded hotels recording low occupancy and posting huge losses, a government newspaper reported onUPI - 438 words
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426 1991-08-19 8 FT LONDON The UK economy is on course for recovery, the government said last Friday, as official figures showed a large fall in retail price inflation in July. It is the first month-on-month fall this year. The annual rateFT - 426 words
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WORLD WATCH
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98 1991-08-19 8 TAIPEI Taiwan will end a state monopoly on imports of brandy and allow private businesses to import it freely next month to help open the island's market for foreign liquor, the Finance Ministry said last Saturday. On April 1, Taiwan ended similar monopoly imports98 words
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Article86 1991-08-19 8 MOSCOW The Soviet authorities will create a public fund open to private investors to develop satellite communication systems in a bid to catch up with Western nations. The I:\estia newspaper reported that according to the Soviet Ministry of Communications, there were only between 10 and86 words
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67 1991-08-19 8 OTTAWA Canada's annual inflation rate fell last month to 5.8 per cent, compared with 6.3 per cent in June, Statistics Canada has reported. This is the first time that the country's inflation rate has fallen below 6 per cent since the beginning of the year67 words
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Article103 1991-08-19 8 KUWAIT Kuwait will stop importing refined oil products at the end of this month when its war-damaged Ahmadi refinerv resumes processing. Oil Minister Hamoud Abdulla al-Raqba told the Sawt Al-Kuwait newspaper in a report published yesterday that repairs to the refinery, damaged by Iraq during103 words
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Article32 1991-08-19 8 NEW DELHI India and the Soviet republic of Uzbekistan signed two agreements last Saturday to promote mutual cooperation in economic and cultural cooperation between them, officials said.32 words
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504 1991-08-19 9 Economists note sluggish spending and weak job opportunities Reuter WASHINGTON Fears that the US economy is still not on the way to a full recovery remain in spite of a record low trade deficit registered for the first half of the year. TheReuter - 504 words
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560 1991-08-19 9 AFP MOSCOW When Soviet President Mikhail Gorbachev and the leaders of three republics sign the Union Treaty tomorrow, all will proclaim that a page in history has been turned and the newly-consecrated Union of Soviet "Sovereign" Republics is ready to tackle marketAFP - 560 words
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169 1991-08-19 9 Reuter OTTAWA The US, Canada and Mexico have made swift progress in early talks on a free trade zone but negotiators begin a tougher phase of bargaining this week when they tackle more sensitive political issues. "We've gotten off to a very fast start,"Reuter - 169 words
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Article, Illustration579 1991-08-19 9 Reuter MEXICO CITY Mexico's economy, growing faster than it has for a decade, could suffer a setback if yesterday's mid-term elections were found to be marred by fraud, say economic analysts. Observers also see the mid-term elections as a referendum on theReuter - 579 words
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258 1991-08-19 9 Reuter BAGHDAD Iraq, its economy devastated by the United Nations trade blockade imposed after its invasion of Kuwait a year ago, said yesterday that it lost US$l7 billion (5529.2 billion) during the first six months of the embargo.Reuter - 258 words
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Advertisement711 1991-08-19 8 IIaTTTi^H lil J 1 HHB THE UNIVERSITY OF HULL Entry Criteria I jL I Innovations Strengths Founded in 1927, The University of Hull is one Mn| FIRST specialist MBA in Investment of the most prestigious British universities. \mWm and Finance in the region Applicants must possess a good university FIRST711 words
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Advertisement81 1991-08-19 9 Capacity: 130 ton /24 hours Board size: 172 x 554 cm (5 3/4'xB') An ideal investment opportunity for the integrated forest company with forest reserves and/or an established wood based panel manufacturing company. All machinery in excellent condition and will be in operation until end 1991. We can assist with81 words
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Advertisement243 1991-08-19 9 Analysis, Pg 10 "At least the returns on my money are hard to beat." Obviously one of the main factors in choosing a bank account is how much Best of all, your money is available at call so you can move it out and into does it give back. The243 words
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ANALYSIS
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834 1991-08-19 10 Leonard Silk - Leonard Silk looks at the impact of the Gulf War on the US economy Leonard Silk NYT ITS BEEN a year since Iraq invaded Kuwait and half a year since the United States and its coalition partners defeated Iraq inNYT - 834 words
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Article, Illustration1498 1991-08-19 10 Alvin Tay - The New Zealand economy shows signs of stirring, but the odds are stacked against it, writes Alvin Tay, who was on assignment in that country recently. This article is the second of four features on New Zealand. Alvin Tay THE MOOD isSource: NZIER & National Bank; Source: National Business Review - 1,498 words
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Page 10 Miscellaneous
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Miscellaneous62 1991-08-19 10 DOONESBURY BY GARRY trudeau j ZONK HJZ ZONK, I'M AFRAIT? AFFORD Z.YOU3ATUK3A IPON7 HAVZTQ U&FZ6OINSTO BUT HORS&. rfSU&M &UZVZ 7H& KJPSPSA/G TALK. HAVtTOISTYOU )Wl?BNOT F&&N6AFAMILY OF Th&<AFTER ZONK... FUJ&TTPI6 SURS7HIN6. 60. hUZ CANT PAYING NJN&! I JU6TCAN7 ALL I've LATIN! THfS /5 BUP. MAT'S j AFfORP YOU MEANY- STF&TO-I fcTf62 words
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ENTERPRISE & MANAGEMENT 1
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Article, Illustration1570 1991-08-19 11 Salil Tripathi - Leaving home is never easy. But it can be made simpler by enlightened companies which realise that the person being posted needs a lot more than an attractive financial package to make his stay in an unfamiliar terrain and culture worthwhile and rewarding. Salil Tripathi reports1,570 words
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Article203 1991-08-19 11 National Management Game THE last two trading periods of Round 1 of the 21st National Management Game saw 90 per cent of the participating companies accumulating profits. This is in spite of earlier warnings from organisers that the economic climate is "uncertain". At the end203 words
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Article, Illustration1332 1991-08-19 12 Andrew Jack - The number of MBAs graduating in the UK this year and still looking for work is double the level at this time in 1990. Many are being driven by a lack of alternatives into setting up their own businesses, taking temporary work or freelancing. Andrew JackFT; Punch cartoon - 1,332 words
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Article536 1991-08-19 12 Making a case for equal partnerships FT THE rapid growth of cross-border corporate alliances, from distribution agreements and collaborative research to equity partnerships, has been one of the most striking features of international business in the past decade. Yet remarkably little is known for sureFT - 536 words
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Page 11 Advertisements
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Advertisement189 1991-08-19 11 THE GLOBE BU,LT T0 CR,TICAL STANDARDS WHERE QUALITY OE DESIGN IS A Landmark in Design Functional Technology Developer n.o. ST T I smff IW O 111 1 Jethanand Realty <S> Pie Itd «<* 139 Cecil Street #05-01, Cecil House f ft Singapore 0106 Telephone 222 7878 Fax 224 2840 aoeiwsoN189 words
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Advertisement308 1991-08-19 11 Thai-Teoche at $16.80++ J only! A A TKaiChinese Zen Restaurant, york Hotel, will brins to you a culinary Heaven, and now at an enlightening sum tool For lunch at merely $16.80++per person, you can taste up to8of the greatest gourmet marriages in the world. You have a choice of 30ThaiTeochew308 words
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Page 12 Advertisements
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Advertisement69 1991-08-19 12 f '^«Pk^Mv r .<*# When it's absolutely necessary that your cargo is shipped on time, send it by Swiftrider. Our late close-out times, priority handling and early delivery mean your cargo gets to enjoy s'hgapore airuhes cargo speedier, even more reliable service, airport to airport, city to city. What's more,69 words
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SPORTS 1
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Article, Illustration743 1991-08-19 13 AP JCASTLE ROCK, Colorado Peter Senior and The International made it through 4\yo cuts and three rounds on Saturday. Both the player, an Australian who now plays of his golf in Europe, the tournament did it .the hard way. .> r Senior survivedAP - 743 words
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330 1991-08-19 13 AP KENMORE, Washington Chi Chi Rodriguez struggled for 14 holes on Saturday, then played the last four in 5 under par to take a fourstroke lead after two rounds of the GTE Northwest Classic. Rodriguez eagled the 1 Sth hole, then birdied Nos 16,AP - 330 words
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344 1991-08-19 13 Pan American Games AP HAVANA Six golds in swimming raised American spirits after the basketball and baseball teams sank into the bronze age. But they are not likely to prevent the first United States loss in total golds at the Pan American GamesAP - 344 words
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Article, Illustration400 1991-08-19 13 NYT KENNBUNKPORT, Maine There are those who maintain, and a good many divorce lawyers count themselves in this number, that men and women should not attempt to play sports together. The playing fields are one of the fault lines in theNYT - 400 words
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Article, Illustration346 1991-08-19 14 AFP MANHATTAN BEACH, California Unseeded Kimiko Date of Japan stunned second-seeded Gabriela Sabatini here on Saturday to reach the final of the Los Angeles women's tennis tournament. Date, ranked 112 th in the world, shook off early nerves and rallied to win 3-6, 6-1,AFP - 346 words
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305 1991-08-19 14 NYT NEW HAVEN, Connecticut The telephone calls are much the same as they always have been. Srdan and Gorana Ivanisevic wait for their 19-year-old son, Goran, to report from his latest stop on the men's professional tennis tour. The parents wantNYT - 305 words
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Article, Illustration533 1991-08-19 14 AP INDIANAPOLIS Boris Becker outslugged sixth-seed-ed David Wheaton 7-6 (7-5), 6-4 on Saturday to advance to the finals of the US Men's Hardcourts Championship. Becker advanced to yesterday's championship match for the third time in four years, and will meet No 5 PeteAP - 533 words
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SIDE LINES
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128 1991-08-19 14 NEW HAVEN, Connecticut Petr Korda and Goran Ivanisevic scored straight set victories to breeze easily into the finals of the Volvo International tennis, tournament on Saturday. Korda of Czechoslovakia knocked off Switzerland's Marc Rosset 6-4 6-3. The 16th-seeded Rosset, who upset Ivan Lendl128 words
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Article81 1991-08-19 14 BROOKLYN PARK, Minn Jody Anschutz shot a steady 2-under-par 70 on Saturday to take the lead after two rounds of the LPGA Northgate Classic. Anschutz was at 6-under 138 for the tournament. Nineteen-year-old Tour rookie Brandie Burton was one shot back at 139 after matching par-72.81 words
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Article88 1991-08-19 14 SUTTON COLDFIELD, England David Gilford, taking the third-round lead of a PGA European Tour event for the first time, had seven birdies in a 67 on Saturday to grab a one-stroke lead after three rounds of the English Open. Gilford, 25, who also has never won on88 words
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Article178 1991-08-19 14 ALBUQUERQUE Lee Trevino says caddies are becoming as rare in American golf as hickory-shafted clubs, and the losers are the United States' poorest youngsters. "By the year 2000, believe me, every kid that's going to be playing the (US PGA) Tour is going to be college-educated and have178 words
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Article105 1991-08-19 14 TOCHIGI, Japan Masashi "Jumbo" Ozaki polished off an 11-under-par round with a final-hole eagle yesterday and won the Japan PGA Championship by six shots. "I had completely mastered the difficult greens here after the third round but I never expected to post such a score," Ozaki said after105 words
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Page 13 Advertisements
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Advertisement827 1991-08-19 13 llfelß B I SINGAPORE INSTITUTE OF COMMERCE <«*> 1947) I I DEPARTMENT OF LEGAL STUDIES I Registration is open for the following programmes: M I awarded by the University of London I I Entry requirements: 2 "A" Levels or equivalent I A three-year degree programme of international standing that can827 words
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Page 14 Advertisements
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Advertisement154 1991-08-19 14 7 gfef JW MM®- r f ># g.s« 60 FOR ISPO 91. IN ASIA. «T*-4??* wl a- $V 3rd International Trade Fair for Sports Equipment and Fashion Singapore World Trade Centre Featuring the latest trends and products in the sports equipment and fashion sector: ispo Asia 91. At the World154 words
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THE ARTS 1
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Article, Illustration902 1991-08-19 15 Jack Anderson - Russian choreographer Bronislava Nijinska created ballets and her daughter Irina preserved them. But with Irina's recent death, the future of some of her mother's works is now less certain. Jack Anderson reports Jack Anderson NYT ONE hundred years ago, on Jan 8, 1891, Bronislava Nijinska was bornNYT - 902 words
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Article, Illustration753 1991-08-19 17 Andrew Lim - Hyperion CDs used to be hard to find at local record shops. But music lovers here can look forward to more of its releases now that EMI (S) has won the sole distributing rights for this highly-acclaimed label. Andrew Lim on what sets Hyperion apart Andrew753 words
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Article, Illustration962 1991-08-19 17 Andrew Lim - You don't have to stick to The Four Seasons and Nessun Dorma to make your mark in the classical music world. Gothic Voices opted for the medieval repertory and quickly found itself on the winning track By Andrew Lim HYPERION'S daring ventures into962 words
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Article568 1991-08-19 17 P Y Van - Singapore Symphony Orchestra By P Y Van THE Singapore Symphony Orchestra opened its second concert series for 1991 last Friday with a new work, a guest conductor, two guest pianists and a motley parade of musical animals. Bernard Tan's Sinfonietta No 3 received568 words
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Page 15 Advertisements
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Advertisement378 1991-08-19 15 It happens to all of us. We find ourselves unable to speak up when we really need to. We remain in the ranks of the "silent majority" the people who are never beard from while others dominate both thinking and action. And we don't always know why. But whatever the378 words
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Advertisement416 1991-08-19 15 With Philips, even the most tedious chores are a breeze. Your faithful Philips vacuum cleaner y A e a e 18. Mr plays an important role in housekeep- mSw of these achieve ing. Just as you rely on other Philips M ments, we have not domestic appliances to make short416 words
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Page 16 Advertisements
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Advertisement294 1991-08-19 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE m CULINARY HERITAGE For the month of August, the master chefs at Tien Court have prepared six splendid set menus that feature Shark's Fin as the centrepiece. Prices range from SS 188.00 for the294 words
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Advertisement355 1991-08-19 16 nuimeGjf Back to basics with a new menu at Nutmegs. Select from a range of the finest seafoods or superior cuts of prime quality meat prepared just the way you like with a choice of accompaniments. Of course the loPsters still take centrestage at $33". Plu> Vf scnricr vturgr A355 words
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Advertisement135 1991-08-19 16 Tuck into wholesome hawker fare and indulge in local dishes like nasi Padang, Bak Kiit Teh and Rojak, plus a range of tempting Adult: $16++ (lunch) $l&f+ (dinner) Child: $10*-+ (lunch fir dinner) Menu changes regularly Yes, in true Singapore style Cafe Aladdin presents tne widest array of Local Specialties135 words
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Advertisement285 1991-08-19 16 Local Tea Time delights at Chatterbox every Friday, Saturday and Sunday. 3 pm to 5.30 pm. $14.50++ per person $8.50++ per child (below 10 yrs) arw Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge Daily. 3 pm to 6 pm. $16.00++ per person $10.00++ per child (below 10 yrs) ara285 words
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Page 16 Miscellaneous
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Miscellaneous739 1991-08-19 16 TELEVISION AND RADIO Dnifiar hnnmnlic I **12 f <«* SStSSKT vrnmMUm^ 10l Lid LI IUIII Ulla 7.W MlCNNhtonuttoMllL). Mt M'm (Children. M). WC. «8.9 mHi i» VHF M X 8.00 Dose. $.30 Bast of Disney (Cartoon). 7.23 Maghrib Prayer Call. 5.30pm, 3.25 am. Financial News 1_ 700 CNN International (L).739 words
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Page 17 Advertisements
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Advertisement216 1991-08-19 17 AND ENTERTAIN U.S. Food Promotion Savour the best of U.S. beef and lamb at Hubertus Grill from 1 to 31 August 1991. All steaks come with a Caesar Salad, Baked Idaho Potato, Grilled Tomato and a choice of Herb Butter, Bearnaise or Black Pepper Sauce. A Sterling 5-course set menu216 words
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Advertisement332 1991-08-19 17 hen you re looking for quality, look for the Rosette I I because only those restaurants who meet I I the highest standarJs of beef cuisine receive it. I B YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: I 9 JACK'S PLACE STEAK HOUSES (733-1211) THE COMPASS ROSE fr332 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration1260 1991-08-19 18 Kooi Cho Teng - By Kooi Cho Teng THE SINGLE most important event last week was the announcement that Singapore's general election will be held on Aug 31. But the announcement failed to boost market sentiment. Singapore stocks took a severe beating, crashing through two key support levels1,260 words
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Article4229 1991-08-19 18 Hfarii 1W I«« r-Ifl n t*? Vo1 Week La t Q uo,e Div Div YTd Net M Cap High Low Code Company Sole +or- C000) High Low Buyer Seller Cvr S P/F SmH INDUSTRIAL COMMERCIAL 285 162 1000 Acma 220 -3 72 223 210 210 219 10.0N 1.5 4.5 14.64,229 words
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Article3840 1991-08-19 19 Main Board S Reinsurance 174 +13 +8.1% Jurong Ship 50* 915 +10 l!l% Inno-Pac Wt 94 39 +9 +30.0% Eu Yan Sang Ln 84% +7 +9.0% BAT 21c 358 +6 +1.7% Sing Inv Fin 194 +6 +3^2% Centrepoint 50* 215 5 2 4% H Prop3,840 words
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MARKET REVIEWS
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Article, Illustration696 1991-08-19 20 FT NEW YORK SCANDAL rocked one of the most eminent securities houses on Wall Street last week, while in California, America's biggest ever bank merger was unveiled. For what are supposed to be the dog days of August, it was quite a week.FT - 696 words
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Article, Illustration349 1991-08-19 20 AFP TOKYO SHARE PRICES continued to fall on the Tokyo Stock Exchange in lethargic trading last week, with the Nikkei Stock Average closing out the week below the psychologi-cally-important 23,000 yen level. The key indicator of 225 blue chips finished the week at 22,814.37 yen,AFP - 349 words
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Article, Illustration874 1991-08-19 20 Ray Heath - LONDON By Ray Heath AN OLD SEA-DOG can accurately predict local weather conditions from the general trend of pressure areas. An experienced stock market watcher can perform similar feats of forecasting by looking at the trend of indices. So it was not difficult to predict that874 words
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Article, Illustration795 1991-08-19 20 HONGKONG DESPITE the unbelievably good land auction results last week, the stock market lacked the required buying interest for it to challenge the 4,100 psychological barrier on the Hang Seng Index. Nevertheless, stock prices stayed firm in general as most investors expected further gains795 words
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ASIAN MARKETS ROUNDUP
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Article, Illustration64 1991-08-19 20 PROFIT TAKING and volatility on overseas markets pushed down Australian stocks last week, brokers said. The market indicator, the All Ordinaries index, slipped 17.4 points to 1,566.9. The All Industrials index shed 18.4 points to 2,398.2 and the All Resources lost 15.7 points to 928.5. Dailv turnover averaged As2o964 words
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Article, Illustration160 1991-08-19 20 THE Philippine stock market continued to fall last week, due partly to continuing resistance in the Senate to ratification of a treaty extending the lease of a huge US naval base in the country. The composite index at the larger Manila Stock Exchange hit 952.76 points on Friday, down160 words
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Article, Illustration120 1991-08-19 20 THE Stock Exchange of Thailand (SET) index continued to decline slightly last Friday, falling 4.87 points over the week to close at 698.05 points 0.69 per cent down from the previous week's close of 702.92 points. The stock market index fell heavily on Tuesday losing 13.16 points. It was120 words
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Article, Illustration109 1991-08-19 20 SHARE PRICES slid further down as trading remained weak in the Jakarta Stock Exchange (JSE) last week. Trading was slack throughout the week with the exception of Thursday when 7.36 million shares worth 32.80 billion rupiah (U5516.73 million) changed hands, mainly through block sales. This could not help compensate109 words
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Article, Illustration82 1991-08-19 20 THE BULLS have come back strong on India's stock markets after looking set to beat a retreat, propelling prices on the Bombay Stock Exchange (BSE) to historic highs last week. The BSE's sensitivity index, which measures the price movements of 30 blue chips, soared by 63.5 points during the82 words
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Article, Illustration91 1991-08-19 20 SHARE PRICES on the Tai- wan Stock Exchange dropped steadily last week partly because rekindled buying interest was doused by the government's plan to tax enterprises on securities transactions. Eroding the previous week's 2.6 per cent advance, the 235-issue weighted price index plunged 245.25 points or 4.8 per cent91 words
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Article, Illustration83 1991-08-19 20 SOUTH KOREA'S bourse ended last week lower as concern over the growing trade deficit and inflationary pressure continued fanning a sell-oflf, dragging the market down. The broad-based composite stock price index fell 22.64 points or 3.1 per cent from the previous week to close Saturday's half-day session at 698.94.83 words
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Page 20 Advertisements
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Advertisement110 1991-08-19 20 PROPERTY& CONSTRUCTION STTPPT .f.MEIJT 1991 A special Business Times Survey September 10,1991 How will the coming year shape up for developers and Investors alike, now that the Gulf War is history? Will we see the long-expected Hongkong influx fill our new office blocks? And where axe residential property prices heading?110 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration930 1991-08-19 21 MBT SHARE PRICES on the Kuala Lumpur stock market sank further into minus territory for the third week running last week with widespread losses seen on four days out of five. Wednesday was the first time in over two weeks that buyers madeMBT - 930 words
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Article3469 1991-08-19 21 1991 Last Vol Week Net Cap High Low Company Sale "000 High Low P/E Smil INDUSTRIALS 245 165 AISB 50« 186 -18 103 212 186 45.4 190.8 560 310 ASM 50* 404 -22 3113 428 398 36.1 1659.0 600 280 Acidchem 486 -19 114 510 486 209.0 685 192 Ajinomoto3,469 words
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Page 21 Advertisements
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Advertisement956 1991-08-19 21 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE UQUOR UCENCE NOTICE THECOMPANIES^t, CHAPTER 50 JFCOMPEX (SINGAPORE) NOTICE IS HEREBY GIVEN that, I KoKokChuan of NOTICE IS HEREBY GIVEN that, I, Ho Wee 800 of PTELTD Blkl6&A Qieensway, #10-242, Singapore 0315, have No 9 Selegie House, #11-24, Singapore 0718,956 words
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WORLD STOCK MARKETS
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Dow down 30 pts amid Salomon turmoil
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Article, Illustration1311 1991-08-19 22 SHAKEN BY the turmoil at Salomon Brothers, in addition to some spotty bad news on earnings, the stock market dropped sharply last Friday. Blue-chip stocks were hit hard, with the Dow Jones Industrial Average tumbling after a lacklustre week. The Dow plunged in the morning and was off1,311 words
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Article, Illustration828 1991-08-19 22 UK SHARES powered ahead to finish last week at record highs, but the market seemed to have lost its way, dealers said. "We've seen action in individual stocks or sectors, but no real momentum in the market one way or the other," said one. An absence of corporate news828 words
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Article388 1991-08-19 22 GERMAN SHARES digested Thurs- day's Bundesbank rate rise calmly, defying both the bulls and the bears by ending almost unchanged on Friday from Thursday levels. As a higher rate rise than actually emerged was already factored into the market, German shares were insured against the usual fall that often388 words
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Article278 1991-08-19 22 DUTCH SHARES closed up last Friday after a spell of options-related trading enlivened an otherwise typical holiday-season day, dealers said. "The market was influenced by the options exchange with some basket buying in the afternoon, but there was no big turnover," Bert Sterk of broker Pierson, Heldring and Pierson278 words
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Article353 1991-08-19 22 SWISS SHARES closed easier near the day's low last Friday after a gradual rise in short-term interest rates prompted profit-taking and wiped out early gains, dealers said. Interest-sensitive banks and insurers edged lower. Dealers said volume was light, and buying interest low after the Swiss National Bank raised its353 words
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Article472 1991-08-19 22 SHARE PRICES drifted slightly lower in generally listless afternoon trading in Johannesburg last Friday, but some moderate buying interest late in the session help lift prices off their day's lows, dealers said. Industrials slipped back a bit further after Thursday's downward correction to another record breaking run earlier in472 words
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Article361 1991-08-19 22 TORONTO STOCKS closed slightly lower last Friday, with investors taking profits following sharp gains earlier this week, dealers said. Lack of news and the usual slow end to the week kept many players away from the market, they added. "It's always going to be two steps forward, one step361 words
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Article327 1991-08-19 22 INDICES TURNOVER NEW YORK Close Previous Aug 16 Dow Jones NYSE Financial SAP 500 Turnover (million) 2.968.02 158.52 385.58 189.5 2,998.43 159.49 389.33 174.7 -30.41 -0.97 -3.75 14 8 LONDON Financial Times 30 FTSE 100 Turnover (million) 2,041.9 2,621.0 506.2 2,042.6 2.617.2 522.5 -0.7 3.8 -16.3 FRANKFURT DAX Index 1,653.33327 words
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Page 22 Advertisements
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Advertisement57 1991-08-19 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery57 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article458 1991-08-19 23 NEW YORK Reuter THE US DOLLAR last Friday continued to display surprising strength despite market wariness regarding the US economy, posting a one-pfennig gain on the day and a four-pfennig climb on the week. "If you tried to go against the trend this week, youReuter - 458 words
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725 1991-08-19 23 ASIAN CURRENCIES AFP MOST ASIAN CURRENCIES lost ground against the dollar during last week, a reversal of the previous week's performance, which saw most of them gain against the US currency. The only regional currencies to move up against the greenback were the NewAFP - 725 words
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Article383 1991-08-19 23 Cross rates Aug 16 USS SS M$ Dm Yen SFr A$ NZS US$ 1.7240 2.7760 1.7490 137.10 0.5977 1.5355 1.2853 1.7437 SS 0.5800 1.6102 1.0145 0.7952 0.3467 0.8907 0.7456 1.0114 MS 0.3602 62.10 0.6300 0.4939 0.2153 0.5531 0.4630 0.6281 Dm 0.5718 0.9857 1.5872 78.39 0.3418 0.8779 0.7349383 words
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Article523 1991-08-19 23 Interbank rates Bid Offer Overnight 4 7/8 5 1-month 5 1/8 5 1/4 2-month 5 1/8 5 1/4 3-month 5 3/16 5 5/16 Overnight mode: 5 USt High Low 7dim 5 11/16 Jlti 1 month 5 11/16 5 5/8 2 months 5 11/16 5 5/8 3 months 5523 words
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297 1991-08-19 23 Reuter PARIS The current system of floating exchange rates is anarchic and could lead to disaster at any time, said former French finance minister Edouard Balladur. In an interview with Le Figaro newspaper last Wednesday, a day before the 20th anniversary of theReuter - 297 words
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Article517 1991-08-19 23 Foray into bond market expected to meet with warm reception Reuter NEW YORK Argentina's first foray into the international capital market since the 1982 debt crisis could meet with a surprisingly good reception, bankers say. J P Morgan confirmed that it would underwrite the newReuter - 517 words
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461 1991-08-19 23 GOLD FINANCIAL FUTURES REPORT Sing Bullion Futures SINCE slipping below U*****.00 per cent troy oz on Aug 2, spot gold has languished between U*****.50 and U*****.90 with last week's range even narrower between Wednesday's low of U*****.60 and Thursday's high of U*****.70 beforeSing Bullion & Futures - 461 words
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Article504 1991-08-19 23 BANKS ABN Bank 8V« Allied Irish Bank PLC 8Vj American Express Bank 8V4 Am'Dam R'terdam Bank 8'A Arab Banking Corp 8'/* Arab Bank PLC 7Vi ANZ Banking Group 8V2 Ban Hin Lee Bank 8V4 Banca Com mere lale 8V1 Banco do Brasil 8 Bangkok Bank 8V« Bank504 words
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Article151 1991-08-19 23 COMEX Aug i6 COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Aug 91 358.00 358.30 357.00 358.00 +1.00 Sep 358.50 0.8O Oct 359.60 360.50 359.40 360.20 0.80 Dec 363.10 364.00 362.30 363.50 +0.80 Feb 92 365.80 366.70 365.70 366.70 +0.80 Apr 369.30 369.30 369.30 369.70 +0.80151 words
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Page 23 Advertisements
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Advertisement10 1991-08-19 23 ATTRACT POTENTIAL CANDIDATES with an ad In the APPOINTMENTS COLUMNS10 words
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Advertisement12 1991-08-19 23 Find out how sellers reach out to buyers in Advertising and Marketing12 words
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COMMODITIES
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411 1991-08-19 24 Reuter NEW YORK Worldwide oil and natural gas deals rose to US$3.l5 billion (555.4 billion) in the second quarter from US$2.2 billion in the first quarter, analysts John S Herold Inc said. "We're starting to see a turnaround in merger and acquisitions,"Reuter - 411 words
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294 1991-08-19 24 Reuter LONDON Iraq is unlikely to buy sugar immediately with the US$l billion (551.72 billion) of oil revenue the United Nations will allow it to spend on food and other essentials, London traders said. "Iraq will certainly return to the market,Reuter - 294 words
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918 1991-08-19 24 REPORTS AFP LIQUIDATION by Japanese investors and the high level of Soviet exports to the West saw platinum prices slump to US$34O (Sss7B) an ounce last week on the London commodity markets. The slide could take the metal down as far as US$325,AFP - 918 words
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Article1152 1991-08-19 24 Rubber HAS (fob In bates) S cents/kg Int 1 RSS Close Aug 12 140.00 Aug 13 140.50 Aug 14 140.25 Aug 15 140.25 Aug 16 140.00 MRELB (fob in bait*) M cents/kg Int 1 RSS Close Aug 12 226.50 Aug 13 226.50 Aug 14 226.50 Aug 15 226.50 Aug1,152 words
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Page 24 Advertisements
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Advertisement572 1991-08-19 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 Notice ig M This is to inform the public that Mr Chen Le-Yang of Passport No. S |g| 0M*****43, Provisions Manager is Ji> |fp| no longer in our employment with Ip l|p| effect from 31st March 1991. MM WM He is therefore no longer572 words
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Advertisement462 1991-08-19 24 THE COMPANIES ACT. CAP 50 HEILONG TRADING PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of HEILONG TRADING PTE LTD duly convened and hew on 12 August 1991. the following special resolution was passed WINDING UP It was resolved THAT the Company be wound up voluntarily pursuant to462 words
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Advertisement6 1991-08-19 24 Innovation Technology in BT every Tuesday6 words
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Article1077 1991-08-19 25 F1N»» CTA F%»t ETC City FVfkt ETA Flgkt ETD SQ228 1905 SQ227 2200 SQ105 1050 MH/SQ >BHtaiiBai SQ23 0700 KL842 2255 7 !i59 5 7 ttt SO 107 1305 SO 106 1045 wt SQ25 0735 SQ36 2200 SQ109 1405 SQ108 1145 •aaiar Sari SQ181 1410 SQ1821,077 words
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THE TRAVEL PAGE
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Article, Illustration817 1991-08-19 25 Jill James - LETTER FROM ALSACE By Jill James UNDER white umbrellas in Obernai's Rue du Marche, beers, coffee and apple cakes are being ordered in a mixture of two languages. The air smells French but the predominant sound is German. Who the visitors are in Alsace has817 words
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Article151 1991-08-19 25 As at 3pm: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.334 1.3S22 Canadian dollar 1.49 1.52 NZ dollar 0.9773 0.9971 Sterling pound 2.8733 2.9122 US dollar 1.7215 1.7250 Local dollars to 100 units of foreign currency Austrian schilling 13.87 14.15 Belgian151 words
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Article87 1991-08-19 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 International Organisation Fair Aug 21 Building Hilton Inter- The Institute *****21 22 Profitable national Kualaof International Brands Lumpur Research Duration Title Venue Organiser87 words
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Page 25 Advertisements
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Advertisement31 1991-08-19 25 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Europe from start to Finnish.31 words
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Advertisement29 1991-08-19 25 Want to look like this? Supermodel Rachel Hunter, who is also Mrs Rod Stewart, tells you how she keeps her fabulous figure. From lunch-time. Monday to Saturday. L* v^29 words
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Page 25 Miscellaneous
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Miscellaneous253 1991-08-19 25 9 Going re-roof-A mistake way ~jj 13 Gemstone with old copper LJ— 14 School which teaches only out on his canvas (6,7) 19 We see toast top crumbled to serve as a vegetable 21 He has a right to be told 1111 1 1 I I 1 22 First part253 words
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Miscellaneous213 1991-08-19 25 Singapore Outlook: Showers over several areas during the late morning and afternoon Report: Maximum temperature 30.2* C Assoc humidity 73% Minimum temperature 22.5 Assoc humidity 100% Hours of sunshine 0.10 Rainfall in mm 66.0 Rainfall this month 84.7 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Auckland 17/11213 words
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Miscellaneous9 1991-08-19 25 BMI "TUtfTS 8497 V EVENING STANDARD CO. LTD, 19U-IMI9 words
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459 1991-08-19 26 Dexter Lee - Termination of S'pore-Canada air services pact By Dexter Lee CANADA'S move to terminate its bilateral Air Services Agreement (ASA) with Singapore is likely to have little impact on Singapore Airlines' revenue and profitability but could upset its long-term expansion plans, say aviation sources. This459 words
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203 1991-08-19 26 Reuter TAIPEI Taiwan's flag carrier, China Airlines (CAL), will resume services to Vietnam this week after a 16-year break following the communist victory in the Vietnam War. Airline officials said yesterday that the flights twice-weekly between Taipei and Ho Chi Minh City wouldReuter - 203 words
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318 1991-08-19 26 Reuter TOKYO Japan's Finance Ministry will formally question executives of the Industrial Bank of Japan (IBJ) over huge loans it made to a client who used false deposit certificates as guarantees, a leading newspaper said yesterday. Officials at the ministry, battling toReuter - 318 words
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411 1991-08-19 26 AFP Reuters SYDNEY The Australian government is expected to announce tomorrow its first budget deficit in five years and interest rate cuts soon after, economists said. Treasurer John Kerin was tipped to unveil a shortfall of around As 3 billion (Ss4AFP; Reuters - 411 words
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457 1991-08-19 26 Catherine Ong - South China Sea barge disaster From Catherine Ong in HONGKONG THE SEARCH for survivors of a capsized oil barge in the South China Sea is expected to be called off today after the bodies of two of the four divers trapped in457 words
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Article, Illustration233 1991-08-19 26 Reuter LONDON The British Chancellor of the Exchequer has ruled out kickstarting the British economy out of recession by cutting interest rates. In a letter to London's Sunday Times. Norman Lamont rejected calls for a one full percentage point rateReuter - 233 words
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653 1991-08-19 26 The BCCI collapse Agencies KARACHI Employees of the scandal-hit Bank of Credit and Commerce International in Pakistan have offered to buy its operations in the country. An employees' statement said that with the support of the bank's Pakistani customers, a takeover bidAgencies - 653 words
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Page 26 Advertisements
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Advertisement323 1991-08-19 26 PiageT JOAUJJER EN HORIJOGERIE UEIVtS 1874 GENfiVE The Henley/Brunei MBA The Singapore Institute of Management, in Higher National Diploma accredited by the I conjunction with Henley -The Management Council for National Academic Awards I College and Brunei The University of West (CNAA) or the SlM's Diploma in I London, invites323 words
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Advertisement12 1991-08-19 26 Fall in retail price inflation seen as sign of recovery Pg 812 words
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Advertisement125 1991-08-19 26 PiageT /mum enhoruogerie mm m GENEVE 11 The Saga Continues After undergoing elaborate renovations, an elegant dining experience now awaits you at the new Spice Garden Our exquisite interior combines well both Eastern ind Occidental values that will certainly charm and delight you. A breath-taking array of fine art pieces125 words
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SHIPPING TIMES
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Article, Illustration428 1991-08-19 27 Magdalene Phang - By Magdalene Phang SHIPPING agent Nedlloyd EAC (Nedeac) Agencies has started preparing itself for the impending split of the Scandutch consortium at the end of this year. According to the August issue of Nedlloyd Lines, the Dutch-based shipping company's monthly newsletter, the Singapore market428 words
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Article342 1991-08-19 27 Operating loss offset by sale of London routes AP NEW YORK Trans World Airlines Inc said last week that it made U*****.9 million (*****.4 million) in the second quarter, mainly because its sale of prized London routes erased what otherwise would have been a loss.AP - 342 words
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Article1203 1991-08-19 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian1,203 words
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Article, Illustration478 1991-08-19 27 Selva Kumar - By Selva Kumar MEMBERS of the Pulau Bayan Marina Club will by next year have a high-speed ferry exclusively for their use from Finger Pier to Bintan Island. And by next month the 1,000 initial members 95 per cent of whom are Singaporeans478 words
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Article231 1991-08-19 27 FT BRUSSELS The European Commission is to examine the planned sale of assets by Pan Am, the financially troubled US airline, to Delta Air Lines. Brussels has a month to decide whether the deal might hinder competition in the EC. If the Commission's initialFT - 231 words
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Article148 1991-08-19 27 NYT NEW YORK Pan American Airways and Virgin Atlantic Airways on Thursday announced lower fares on some international flights. The announcements follow fare cuts by British Airways, American Airlines. United Airlines. Continental Airlines and Northwest Airlines. In response to a British Airways offer of 15 perNYT - 148 words
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NEWS SUMMARY
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Article59 1991-08-19 27 SOICHIRO Honda, who died recently at the age of 84, was a non-conformist whose imagination and drive inspired generations of engineers at the company he founded, Honda Motor. Yet by a curious irony, Mr Honda died, 18 years aAer retirement, just when the company was ditching59 words
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75 1991-08-19 27 WHEN work begins at Singapore Aerospace Ltd next month on a new multipurpose light helicopter for the international market, the company will be taking another step in an aggressive expansion plan. Joint development of the PI2OL helicopter with Aerospatiale of France and the75 words
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Article72 1991-08-19 27 A GENERAL Electric Co manager claims he warned of fraud in military contracts with Israel, but the company says it knew nothing until after the employee sued in federal court. Chester Walsh, a manager in GE's aircraft engine division, has filed a whistleblower lawsuit in US District Court,72 words
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65 1991-08-19 27 MAZDA Motor Corp is expected to announce the formation of a US sales network for its luxury cars, following similar moves taken long ago by its major competitors. The Japanese automaker will be hosting a dinner reception for the media tomorrow in New York,65 words
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Article25 1991-08-19 27 THE MOST powerful version of the European Ariane rocket blasted off last week with a telecommunications satellite aboard Back Page25 words
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LOG BOOK
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90 1991-08-19 28 TAIPEI Eva Airways Corp is to inaugurate flights to Vienna on Nov 11 to become the first Taiwanese airline company flying to the Austria, Eva officials said on Wednesday. Eva, Taiwan's first privately-run airline, founded in April 1989, belongs to the Evergreen Group90 words
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Article44 1991-08-19 28 CMB TRANSPORT recently concluded a successful trial using Seacold reefer containers for the shipment of pineapples from Tema, Ghana, to Rotterdam. The pineapples were kept at a constant eight degrees centigrade and with 25 per cent ventilation during the 20-day journey.44 words
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Article76 1991-08-19 28 CHICAGO AMR Corp's American Airlines said it will introduce jet service between Chicago's O'Hare International Airport and the Illinois cities of Springfield and Peoria by Sep 1, if it receives approvals from the Federal Aviation Administration. The Department of Transportation said it will allow airlines to76 words
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Article79 1991-08-19 28 LONDON British electricity generator Power Gen pic, in conjunction with British Rail's rail-freight distribution division, is seeking partners to develop a Power Gen site as the location for an English Midlands channel tunnel terminal, a Power Gen statement said. Power Gen has identified its 360-ha site79 words
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Article72 1991-08-19 28 EDMONTON Interprovincial Pipe Line Inc said it signed a letter of intent with ANR Pipeline Co of Detroit, a subsidiary of The Coastal Corp, to establish a major new natural gas transport system to serve Ontario, Quebec, and the north-eastern US. The inter-coastal pipeline system will72 words
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Article84 1991-08-19 28 FAIRFAX, Virginia Mobil Corp said last week that its British affiliate has begun engineering studies for a US$l3O million unit that will increase production of high-quality unleaded gasoline. The new isomerisation unit at Mobil's Coryton refinery will convert low-octane feedstock into a high-octane component that, when84 words
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Article699 1991-08-19 28 FREIGHT rates for single voyages and time-charters in the Pacific rose further, boosting market sentiment, dry cargo brokers said. Charterers secured a number of Pacific Panamaxes on time-charter trips starting late August and there was good demand for Handysize vessels at around US$9,OOO daily, they said. The Panamaxes699 words
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Article, Illustration1557 1991-08-19 28 Steven Butler - Honda, Japan's third-largest carmaker, is struggling to regain the hurtling momentum of its early years, reports Steven Butler Steven Butler FT SOICHIRO Honda, who died recently at the age of 84, was a non-con-formist whose imagination and drive inspired generations of engineers at the company heFT - 1,557 words
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Article761 1991-08-19 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and761 words
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Article12381 1991-08-19 36 This is a list of ships loading 1 at Singapore for ports around the world. It tabulates, by f destination, the name of the 3 ship, the shipping line in- 1 volved and the estimated j dates of arrival and departure from the Port of Singapore. Advanced12,381 words
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SHIPS IN PORT
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Article604 1991-08-19 43 Ilwill toy Ho B«\h fcrwal Dgrtw VoyNo Berth Arrival Oyarftf* Marina Terminal 1 Theofano Lw OOl SOI alongside 18 08/1500 Transit 1M/91 M02 alor«side 1808/1500 Ma ***** S02 1908/1000 20 08/0700 Batam Baru B84 M05 1908/0900 20 08/2300 Kuroshio M 1 S03 1808/1930 1908/0830 Batam Sayang *****1604 words
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Article880 1991-08-19 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookiif/Mance Mb SMp Voy No Etb/Btr Pwiod From To From Aha Mm 517N 20/1800 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1700 u yyaiba 61A 20/0700 1 18/1500 18/1659 18/1900 1 2 18/1700 19/0659 19/0900 3 19/0700 19/1159 19/1400880 words
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792 1991-08-19 44 IHT SINGAPORE When work begins at Singapore Aerospace Ltd next month on a new multipurpose light helicopter for the international market, the company will be taking another step in an aggressive expansion plan. Joint development of the PI2OL helicopter with Aerospatiale ofIHT - 792 words
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170 1991-08-19 44 UPI DETROIT Mazda Motor Corp is expected to announce the formation of a US sales network for its luxury cars, following similar moves taken long ago by its major competitors. The Japanese automaker will be hosting a dinner reception for the media tomorrow inUPI - 170 words
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315 1991-08-19 44 AP CINCINNATI A General Electric Co manager claims he warned of fraud in military contracts with Israel, but the company says it knew nothing until after the employee sued in federal court. Chester Walsh, a manager in GE's aircraft engine division, has filedAP - 315 words
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Article155 1991-08-19 44 AP KOUROU, French Guiana The most powerful version of the European Ariane rocket blasted off last week with a telecommunications satellite aboard. The Ariane 44L rocket was to set an Intelsat VI-F5 satellite into geostationary orbit after its launching from the European Space Agency's facilityAP - 155 words
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Page 27 Advertisements
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Advertisement18 1991-08-19 27 Lines and services represented by /££flnsK'Y Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.18 words
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Advertisement203 1991-08-19 27 «SHIP LASHING MATERIALS SPECIALIST MINTERMARINE SUPPLY CO (PTE) LTD M *****33 (10 Um) Fa: *****77 Codtett Report 2 Container Schedule 17 Daily Frwghts 2 Index to Advertisers 1 Stepping Gude 10,11 Ships m Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Conditions 17 fi n|lnnmn i i203 words
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Page 28 Advertisements
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Advertisement7 1991-08-19 28 Advertising Marketing every Thursday in Business Times7 words
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Page 29 Advertisements
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Advertisement2381 1991-08-19 29 M OOCL (S) PTE LTD JARDME SHIPPING AGENCIES *11 TEL *****11 FAX *****09 All IF# BOOKINGS TEL *****34 *****58 |ffXTTIII TERMINAUCFS TEL: *****18-220 I J PESAKA JARDINE SHIPPING AGENCIES SON. BHD VAy PORT KELANG TEL: *****18 FAX *****91/*****88 KVM PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 ■afMßai Dedicated to2,381 words
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Advertisement1846 1991-08-19 29 TRANSPORT DIARY Aug 21-22: Seminar on Shipbroking and Chartering I Terms. Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 4-6: Seminar on Commercial Shipping, L/C and Cargo Claims of International Trade Specific Issues, Contextual Practice and Operational Process, organised by Facs World at Carlton Hotel. Sept 14-18:1,846 words
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Advertisement1592 1991-08-19 29 mm TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS Vessel Voy tTA I ETO 'Port Peoang DESTINATIONS Singapore Keiang Thn «Mt Mar<t Maank 9108 FaaMr by ■7922j^^j2^2JflCDC!23ESE322!3!I3CE3BS28^Hi 20/8 oaoo m«s m pm*o CFS 19/8 2350 MRS OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR1,592 words
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Page 30 Advertisements
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Advertisement1159 1991-08-19 30 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP IE HAVRE HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 MHI HANNOVER EXPRESS 04/333 25/8 11/9 13/9 16/9 17/9 iliiSilal KATSURAGI 07/134 29/8 21/9 17/9 16/9 THAMES 07/334 1/9 18/9 20/9 23/9 24/9 LA SEINE 20/135 5/9 28/9 24/9 23/9 J,. BREMEN EXPRESS1,159 words
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Advertisement680 1991-08-19 30 SEASPAC SERVICE I DWECT SOUTH PACIFIC SERVICE I SIN NOU SUV PPT I IS LA FLOREANA 2509E8 2/9 18/0 21/9 26/9 I ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. I APIA I NUKUALOAfA I EHWECT CHM.E/ SOUTH AMERICAN SERVICE I SIN IQQ ANF STO VAP CLX I IS680 words
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Advertisement1671 1991-08-19 30 &«ms REGULAR INDEPENDENT FULL CONTAINER SERVICE w£§Tßound for europe VSI/VOT SM ALG BCL HAM BK ROT ANT FEL LHA («U (VM (VIA ALG) HAM) ROT) NORASIA PRINCESS 9123-3 20/02 OS/09 11/09 13/09 14/09 15/09 16/09 17/09 11/09 JAPAN-SEA 124* 25/08 15/09 17/09 20/09 21/09 22/09 24/09 22/09 24/09 CMNA SEA1,671 words
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Page 31 Advertisements
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Advertisement2133 1991-08-19 31 ®jgSteamers Maritime Holdings Ltd If fITIWSTRAITS SHIPPING containers, fii* 551 ¥«y Nn P»n/+Pfcl Sport Wf Sou Ant lot Hb| ACCEPTS DUE SAHS ICA MA£RSK 9110 17/01 19/01 21/01 05/09 01/09 09/09 11/09 CM GO CARDIGAN MY 0550 I?/0« 19/08 24/08 10/09 12/09 14/09 ST n WTS HOPE WIIE KK, Skan.2,133 words
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Advertisement2232 1991-08-19 31 TO: U^S.A.PANAMA FM: U S.A./PANAMA ttSML VOY V OAK LGB CM FDB SAV HOK NYC WHI *0' «C IW W Ml l» OAK 9 choyahc park wilT ~wT TTTi 11/1 n/o 2"' n/t *7i* momn jwator maim 1/7 s/7 m ivi nn an 10/0 MftAKAN SNA TO* fflM 24/1 10/12,232 words
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Advertisement385 1991-08-19 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS rasa «ot 9 p* Hoic a JULm HPT omwi w* 15 1575 1575 imb 15 H/i 15/5 WI m. "jj «7i 1575 ~n 17/5 www* 15 1175 2/5 aim 1»~ T nTT cosk worn 15 i/5 <75 "T~ cosmc HAra 1385 words
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Page 32 Advertisements
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Advertisement614 1991-08-19 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE m/*OT ISTOK UMM/NMM IfBUK BREMEN WTHWf KUTM/23N8 6/9 S/lt 15/10 IS/10 22/11 MATAIUM/***** 7/18 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO to Inducement. A!*o accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa. Trleate. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL614 words
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Advertisement1043 1991-08-19 32 I I V/ HANJIN SHIPPING IS'potILEH RTM ANN HAM BRY FEL FEEDER VSL S* UJIE HAUL LGB OAK I HANJM SPORE 002W 20/8 6/9 7/9 8/9 8/9 9/9 10/9; HAN* HAMBURG 007E 20/8 HttCT 18/9 21/9 H HANJM MASAN 064W 25/8 12/9 13/9 14/9 14/9 15/9 16/9< HANJW KWANGYANG 079E1,043 words
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Advertisement1241 1991-08-19 32 Jd I lIW SGP W6 KSG U.G *US WT OK *Y SB TYO LAI OS BAL NTCIM Hi n W «6 W CM HI SLOT K-050 21/1 22/0 27/0 20/0 30/1 2/1 3/1 S/l 0/1 7/1 1/120/1 2/10 4/10 0/10 15/10 10/10 17/10 10/10 20/10 30/10 0/11 13/11 IVIII t1,241 words
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Page 33 Advertisements
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Advertisement2088 1991-08-19 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 Mill FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 mmmmrn nepline sdn bhd Malaysia K.L.-(03) *****33, P. Kelang-(03)2,088 words
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Advertisement617 1991-08-19 33 W 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) BALT ORIENT LINE BA, T AI>A EASTBOUND—HSCHNtGMG FULL CONTAINERSHIP SERVICES NESTBOlfC)—LOAHNG •Jl !UI3617 words
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Page 34 Advertisements
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Advertisement1663 1991-08-19 34 K 44 V (CR No: **********0 M) W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD i md TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 J.J 1, MU 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 laut1,663 words
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Advertisement732 1991-08-19 34 V»WS PHM OM€NT UN€S PTC LTD 1108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****36 BY AIR, LAND OR 5EA..... WE take on the world for you onO MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION If 20 AUG MONTREAL. OTTAWA, TORONTO, 23 AUG DUBAI.732 words
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Advertisement397 1991-08-19 34 /CZZ", GOLDEN LINE A \yTr>i GUAN GUAN shipping (PTE) LTD 1 23. Telok A*er Street SINGAPORE 0104 TEL: 5343 M (10 LINES) F»* *****04 <cr No. loinaoooow) mum/miuw cult mna Spore r. Kelani fen** SOU*H HAVER CotomOo *jr»d>i Dut» 21/28 »m GOLDEN KM Cotombe *»»cln Du6» 2/« rwiMA «qfia a397 words
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Page 35 Advertisements
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Advertisement1476 1991-08-19 35 SSSSmm/lI pacific international lines (pte) ltd BSSSI M mKR ptL Building, 140 Cecil Street #0300, Singapore 0106. 1B ANGKOK ISr" S. HGMUI PAOQRESB SS £5 ST. EDEN 381 tilt 28/8 8/8 KOTA PAHLAWAN 8131 18/8 2A/8 J/J EQUATOR MAS UN 28/8 30/8 4/8 JENLINK 67N 28/8 28£ 1/» ssr™*™ s1,476 words
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Advertisement1179 1991-08-19 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 Selandia* 288 19/8 5/9 6/9 8/9 9/9 Benaldef -f 286 24/8 12A9 13/91,179 words
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Advertisement437 1991-08-19 35 M MYANMA Wttk FIVE STAR UNE w (Myanmar National Lino) Loading for Yangon (Rangoon) Sport PKIf P«i mm am viui b pi 20/22 Ami MYOMA TWA V 136 N 21/23 Auc 2«/2« Auf 27/2» Auf AVA ¥110* 20/25 Auf PATHEIN VII3W IS/21 Auf i 7'" PAGAN VI74W 20/20 N ;g0437 words
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Page 38 Advertisements
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Advertisement701 1991-08-19 38 TO AUSTRALIA/NEW ZEALAND [wi [s£ |Frm |55 Syd [hick |Wf If CHUM luoTiiSriTr w/i 575 i 2/» 1 lt/t lo7» NUSSI 277 10/J 17/9 22/J M/t 1/10 3/10 4/10 C. VOOLME 270 »7» 2/10 7/10 12/10 10/10 20/10 MIWHII 275"" 10/10 23/10 20/10 1/11 0/11 0/11 »/ll TO USA/CANADA *5701 words
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Advertisement1025 1991-08-19 38 EXPORTS T0 HONGKON6. TAIWAN -APAN TWICE WEEKLY MALACCA STRAITS SfRViCE OUTBOUND VOY PW PEN *T SM MM. HKG KAO KEE TYO SM2 NGO KOB I VESSEL VOY |SW |PKL PEN BLW SIN c ggj n *151 ivi 201 24» k» 301 311 311 i.» ice am im 211 22» 23.81,025 words
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Advertisement1672 1991-08-19 38 CHINA OCEAN SHIPPING COMPANY W FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS SINGAPORE'S GENERAL AGENTS amnesia'S AfiDOi CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P T GLOBAL PUTRA KL TEL *****91/17 FAX: *****92, ***** X,■ MClMAmciim INDONESIA MARITN4E t RLANC TEL MHOi/l TU MA ***** PENAMC TEL *****1 Til1,672 words
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Page 39 Advertisements
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Advertisement621 1991-08-19 39 GUARANTEED CONSOL TO:KEELUWG/KAOHSUWG 25.8.91 HONG KONG 25.8.91 BUSAN 25.8.91 BANGKOK 25.8.91 EUROPE 25.8.91 TOKYO/KOBE/YOKOHAHIA 25.8.91 USA 25.8.91 AUCKLAND 23.8.91 FREMANTIE 24.8.91 SYDNEY/MELBOURNE 23.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAJNE TAN, KATHLYN TAV. SOPHIA BAY OH KAREN SIM FAST DIRECT REGULAR SERVICE621 words
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Advertisement487 1991-08-19 39 (St) RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 LIom) m FAX: *****15/*****03 fTf TELEX: R3 ***** RISHIP (3 Llimb) Pjt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOADING FOR SPORE ANOINET 24W8 31/08 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT487 words
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Advertisement856 1991-08-19 39 SEAWARD SHIPPIN6 AND TRADING CO (S) PTE LTD it* en ru spore rati xome raiMC Bttf ink n/i loidir* tor Ma* MMAI HUDHU 30/8 LoadMt tor Calcutta DOUtW 27/8 load«* For Male CanoK s«m For Mile DONAAUU* I* Port Loaded For Fckwaru mots inn 23/1 s«m LoadMt tor Maldives (L«wmit)856 words
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Advertisement801 1991-08-19 39 lAKARTA BANGKOK VESSEL DOT SN MT «gl ¥OT SNWOM MMMOB DASA < 82 21/8 24/8 OCJA BHUH# 23N Ta 28/8 M 23/8 WANA BHUM 105S 24/8 27/8 NANTA BHUM S4N Tte 22/8 Sw 25/8 P«* fW 31/1 CHAIYA BHUM#* 20N 1m 25/8 Btod 2»/8 WANA BHUM lOCS 31/8 3/9 7U)801 words
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Page 40 Advertisements
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Advertisement1329 1991-08-19 40 S'PORE IMPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KIC (088) *****0 MEDAN: (061)*****2 P.KEUNG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS COLOMBO®. AFRICA I PEN PK SIN PEN PK SIN Colombo. 23/8 24/8 25/8 23/8 24/8 25/8 Ldn/Fli/Rdm/Ant Durban/Pt Louis 24/8 25/81,329 words
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Advertisement302 1991-08-19 40 jjfrgfc BLUE star line TO FROM J/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEWZEALAND PORTS SIN NPI AKL IYT SIN MAHSURt 0502 27/1 1/9 W* "PI 10/9 ?7/9 PHOSPfCT 14S 1/9 20/9 VIA NPI 22/9 MANOAMA 0504 21/9 3/10 VIA NPt 5/10 22/10 FULLY CONTAINERISED SAILINGS DISCHARGING302 words
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Advertisement1230 1991-08-19 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor lETA IttST VESSEL VOY SPOtE P. KUMK1,230 words
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Page 41 Advertisements
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Advertisement760 1991-08-19 41 —r\K^^^compani3^EßUAN^^^ DE VAPORES "PERUVIAN STATE LINE" ACCEPTHG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, HO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Nam* P. Kdanf Sncapwt fMu SH»LAEVDI£TT 03/04 Sept 05/06 Sept THOMASOOETT 03/05 Oct 06/00 Oct 11/12 Oct MKAMEVEIETT 12/14 Oct 15/17 Oct 20/21760 words
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Advertisement513 1991-08-19 41 VSI DOT STORE MAHUCI LAI KIT SAY NYC fcffl LETNMO K 23/1 OH HONGKONG 21/1 34/9 4/11 8/18 1/14 m OSAKA IS 29/1 ZNKmUNG 2/10 11/lt IS/11 17/14 19/14 m STOREY 12X 9/9 m eCRIA U/10 23/10 27/14 29/14 31/14 m Korat i« u/9 at mu u/10 23/14 27/14 29/14513 words
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Advertisement605 1991-08-19 41 MIDDLE-EAST/PERSIAN GULF Accemno fcl/lcl DUBAI OAMMAN. SHARiAH. DOHA. MUSCAT. BAHRAM. ABU DHABI. BANDAR ABBAS. JEDOAH FAR EAST ACCEPT)NQ FCL/LCL PENANG. P/KELANG, JAKARTA. BANGKOK. HONG KONG. TAIWAN. IAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARYE, HAMBURG. ROTTERDAM. ANTWEP, GOTHENBURG. COPENHAGEN I ALL OTHER EUROPEAN PORTS INDIAN605 words
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Advertisement560 1991-08-19 41 rm PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT BBV DERAJAT 950 20/08 23/08 PRASETIA 191 A 22/08 25/08 PELOPOR 1002 24/08 27/08 DERAJAT 951 27/08 30/08 PRASETIA 193 A 29/08 01/09 TANTO UTAMA 187 24/08 27/08 TANTO UTAMA 189 01/09 04/09 TANTO560 words
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Advertisement383 1991-08-19 41 SM HI WT 22/8 KEELUNG/KAOHSIUNG 25/8 BANGKOK 24/8 MANILA/CEBU 24/8 JAKARTA/BELAWAN/SURABAYA 24/8 PORT KELANG/PENANG/E. Malaysia 25/8 BUSAN 23/8 TOKYO/YOKO/KOBE/NGO/OSA 22/8 HONG KONG SHI CHINA 22/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SHI EUIOPE/UK 24/8 LDN/FLX/LVP/SOU 24/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. S|N USA/CANADA 24/8 LOS383 words
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Advertisement796 1991-08-19 42 FIL FIL CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BAN6KOK V>L SIN/MADBAS VBL SIN/CALCUTTA VBL SIN/BANQKOK SM MM SN SM CM. SM SM OKJ( «T AMAMU SID 11-M/00 25-27/01 HIT HVNLABU IJ-14/M 15-24/00 30-31/00 XIT IVUAHi 13/00 1(M 14-15/00 23-24/01 30-31/01 17-11/01 24-25/00 03-04/09 17/01 20 01 20/00 23 01 f796 words
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Advertisement508 1991-08-19 42 BontermJ CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 26 AUG ALSO ACCEPTING CARGOES TO:PORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 27/1 3/9 JAKARTA CONTERM EDEN 27/S 3/9 PENANG CONTERM A. BMJM 25/8 1/9 PORT KELANG CONTERM I. BftD 21/8 29/1 EUROPE CONTERM MA SAN 2S/S 1/9 AUCKLAND508 words
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Advertisement466 1991-08-19 42 C^l^conwnj 7J?AAf<r-7/A/#- PENANG- KV.ALuein.mK SINGAPORE: Z&ffr 04-*****2 *****8959 778 6522(22 lines) TO V Marina Oog Sumo Ng/Phlllp Kee Iron# Chen fl /E«ther Yap PLATOU PACIFIC Wk SHIPPING SERVICES REGULAR PAN EAST N. AMERICA BRCAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: 22*2669 CLIPPER HANSA AMETHYST V.030 KALMAR V.032 SINGAPORE466 words
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Advertisement418 1991-08-19 42 MANILA ETA VIGOUR PACIFIC 43N8 17/8 VIGOUR SINGAPOUR 7NB 24/8 BANGKOK 17/8 24/8 BUSAM 18/8 20/8 HONGKONG 18/8 20/8 DURBAN/PT LOUIS 27/8 12/9 KEELUNG 15/8 22/8 U.S.A. 18/8 25/8 PI 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 [EST CHINESE-POLISH418 words
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Advertisement893 1991-08-19 43 Oc Oc Oc vQc vQc OcvQc, M FOR YOUR SHIPPING MEEDS TO y VAN ommeren CETECO group \j EUROPE/MEDITERRANEAN IN 1992 r transport division Nedlloyd Lines pai i jucn# i nvn 0 VOTAINER CONSOLIDATION SERVICES: U/ILI. IWCULLUIU THE ONLY CONSOLIOATOR WITH WORLDWIDE NETWORK (j iSS~ r,„> 71=5 V J Weekly893 words
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Page 43 Miscellaneous
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Miscellaneous304 1991-08-19 43 TIDES AND WEATHER TODAY'S TIDES (hadit in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0600 0900 **********00 *****400 *****C00 **********00 2000 2100 2200 2300 JR 09 09 1.1 1.3 14 15 16 15 14 14 1.3 1.3 1.4 1.5 1.7 2.0 2.2 2.3 2.3 2.2 iO 18304 words
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Advertisement857 1991-08-19 44 CHARTPOINT Every Saturday in Business Times HYUNDAI jfev MERCHANT MARINE CO. LTD. I EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST rang WT HI me m lm hah »ot lbh oak sea lb«haml wr tcm/«a rn MMG CHUN 121 19/01 20/01 22/01 H MtOVATOR Ml 18/01 21/01 24/01 GOUJEN GATE857 words
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Advertisement160 1991-08-19 44 PASIR GUDANG/SINGAPORE TWICC WEEKLY SAILINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 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 031S 06/9 07/9 RASIR GUDANG SINGAPORE (07) *****0/*****1 (02) 534-0042 ***** 5 7 A via ammmmmmamrn M r» l DAMAR SEGARA160 words
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Advertisement551 1991-08-19 44 CHARTPOINT Every Saturday in Business Times This Week's Vessels Departure Australia 21/08 Indonesia 20/08 Philippines 24/08 Bangladesh 23/08 Italy— 24/08 Spain 24/08 Belgium 20/08 Japan 23/08 Sri Lanka 24/08 France 20/08 Korea 23/08 Taiwan 22/08 Germany............. 20/08 Malaysia 24/08 Thailand 24/08 Holland 20/08 Mid-East 25/08 UK 20/08 Hong Kong 22/08551 words
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