The Business Times, 20 August 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday, August 20, 1991 75*
    10 words
  • NEWS SUMMARY
    • 63 1 Reuter HONGKONG Rescuers found one more body yesterday from an oil barge which sank off the South China coast, as the search for survivors entered its final hours, rescue coordinator Trevor Berry said. The discovery of the body just to the
      Reuter  -  63 words
    • 45 1 AFP TOKYO The Tokyo Stock Exchange said yesterday it has fined four small brokerages 3 million yen each for compensating favoured clients for stock market losses. The four are Naigai Securities, Aizawa Securities, Mciko Securities and Izumi Securities. AFP
      AFP  -  45 words
    • 28 1 THE SEARCH is on for 1991 's most outstanding business leaders to receive the Singapore Business Awards organised by BT and DHL International Back Page
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    • 29 1 KHAMIS HOLDINGS has defaulted on a 51.95 million payment to the Sentosa Development Corporation, placing its two Sentosa projects worth 595 million in jeopardy Back Page
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    • 34 1 HAVING built up sizable reserves over the years, the government now intends to share some of the wealth with Singaporeans, said Deputy Prime Minister Ong Teng Cheong yesterday Page 2
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    • 27 1 THAILAND is likely to cut personal and corporate income tax rates from January next year in a move to promote investment Page 7
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    • 23 1 HIGH wage rises expected next year could threaten the economic success which west Germany achieved in the 1980s Page 9
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    • 27 1 WHILE the major auction houses are optimistic that the market has seen the bottom, art dealers in America are generally less hopeful Page 15
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    • 27 1 COURIER express specialist TNT Skypak International Express expects to post even better results for its Singapore operations this year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 44 1 WALL STREET stocks plunged early yesterday on news of the coup in the Soviet Union, following sharp drops in prices on foreign exchanges. The Dow Jones average of 30 industrial stocks was down 92.13 points to 2,875.89 after one hour of trading.
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    • 39 1 SHARES in London plummeted at midday yesterday following news that Soviet President Mikhail Gorbachev had been ousted from power. At about 1100 GMT, the FTSE 100-Sharc Index was down 109.4 points, or 4.2 per cent, at 2,511.6.
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    • 27 1 IN VIEW of developments in the Soviet Union, the Stamford Tyres and Scotts share offerings are likely to face an uncertain future Page 3
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    • 33 1 A US$5O MILLION fund, to be managed by First Capital Fund Management, will be set up to invest in South-east Asian government firms which are being privatised. Page 3
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    • 37 1 HONGKONG'S Wharf group has been forced to bid aggressively in public tenders because of the restriction on foreigners from borrowing Singapore dollars to finance the purchase of private land, says a director Page 3
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    • 25 1 THE US government has lifted partially the suspension of Salomon from securities auctions following the resignation of five top executives Page 6
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    • 29 1 Monday Change BT-MGA 635.27 -40.04 Kuala Lumpur 505.47 -36.19 Tokyo 21,456.76 -I.357.6l Hongkong 3,722.75 -340.53 Sydney 1.502.1 -64.9 Friday Change New York 2,968.02 -30.41 London 2,621.02 +3.8
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    • 22 1 Exchange rates uss ss 1.7385 100 Yen SS 1.2552 MS SS 0.6222 Money market rates Overnight 4-7/8 unch 3-month... 5-1/8% -1/16
      22 words
  • 581 1 Yeltsin calls for general strike and launches bid to restore him to office MOSCOW Soviet President Mikhail Gorbachev was toppled from power by hardline communists yesterday, but Russian leader Boris Yeltsin launched a counteroffensive to restore him to office. As columns of tanks rolled into central Moscow
    Reuter photo  -  581 words
  • 595 1  -  By SN Vasuki STOCKMARKETS from Tokyo to Toronto plunged yesterday and the US dollar, gold and crude oil soared in panic trading as markets all over the world reacted with shock to Mikhail Gorbachev's ouster as president of the Soviet Union. Asian stockmarkets
    595 words
  • 236 1 Agencies WORLD LEADERS reacted with shock and concern following the overthrow of President Mikhail Gorbachev yesterday, fearful that the Soviet coup will not just put a brake on reforms in the country but also force a reassessment of political and economic developments elsewhere around the
    Agencies  -  236 words
  • 438 1 Reaction of local business community THE LOCAL business community, which has been building up commercial links with the Soviet Union in the past couple of years, yesterday expressed fears that the deterioration of the political situation there would adversely affect world
    438 words
  • Page 1 Advertisements
    • 184 1 Nikon The World's Finest Photographic System. COMMODITIES I London Gold AM fix USS360.75 USS3.50 Rubber S'pore Sep.... I40.00*/kg unch M'sia Sep 226.50*/kg unch KL Tin Turnover 49 tonnes +7 Spot MS 15.15/kg -0.20 Crude palm oil Turnover 2.982 lots +1.611 Sep MS830 /tonne -32 Aircraft Schedule 29 KLSE 23 Weather
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  • HOME NEWS
    • 604 2  -  General Election '91 Election stories by Anna Teo, Shoeb Kagda CRITICS have branded the ruling party the "Pay and Pay" camp. But the various education, health and housing initiatives it is now proposing show it is actually "Pay and Pay" in
      604 words
    • 379 2 THE EIGHTH Parliament formed after the general election will have to decide anew if it wants any Nominated Members of Parliament. With the dissolution of Parliament last Wednesday for the Aug 31 polls came the premature end of term for
      379 words
    • 182 2 A STRONG mandate in the coming election for Prime Minister Goh Chok Tong and his team will set Singapore on the road to further success, said the National Trades Union Congress in the latest issue of NTUC News. The People's Action Party, which has
      182 words
    • 284 2 Jimmy Tan Tiang Hoe Age: 36 Occupation: Simex trader Education: BA (Business) (Hons). University of Western Ontario Community Service: Volunteer, Singapore Anti-Narcotics Association; vice-chairman. Society for the Prexention of Cruelty to Animals Contested 1988 elections on SDP ticket in Cairnhill IF THE OPPOSITION fails to gain more
      284 words
    • 209 2  -  By Nirmal Ghosh THERE is much scope for Singapore investment in Malaysia's furniture industry, local furniture manufacturers and exporters were told yesterday. Tan Sri Wong Kum Choon, chairman of the Malaysian Timber Industries Board, told a seminar on prospects in the Malaysian
      Source: Statistics Department of Malaysia  -  209 words
    • Article, Illustration
      416 2 Dr Michael Lim Chun Leng Age: 30 Occupation.: Cardiologist. National University Hospital Education: Bachelor of Medicine NUS, Masters of Medicine NUS, Member of the Royal College of Physicians UK. THE YOUNGEST among the new faces put forward by the People's Action Party, Dr Michael Lim says his age
      416 words
    • 177 2 Mohamed Awang Age: 47 Occupation: Legal clerk Education: Secondary level Community Service: Committee member of housing cooperative. CONTESTING in his second general election, Mr Mohamed Awang is willing to donate half his MP's allowance to poor families if elected. His reason for contesting in Jurong
      177 words
  • Page 2 Advertisements
    • 182 2 Readers of the influential German consumer travel magazine REISE PREISE recently voted Emirates the best airline flying into Germany. Forty-five international airlines were judged in ten specific categories and Emirates came out tops overall. In less than six years of service, Emirates has now collected well over twenty international travel
      182 words

  • COMPANY NEWS 1
    • 437 3  -  By Sylvia Wong, Selva Kumar DEVELOPMENTS in the Soviet Union have cast a cloud over the fate of the outstanding public share issues now on offer. The stockmarket plunge yesterday amidst already weak investor sentiments would leave Scotts Holdings very vulnerable, analysts say. The $48
      437 words
    • 160 3 Bernama KUALA LUMPUR Trading of Batu Lintang Rubber Company Bhd's shares on the Kuala Lumpur Stock Exchange, suspended since February 1986, will resume within two months, managing director Puan Nor Azah Awin yesterday told the company's extraordinary general meeting. Trading in Batu Lintang shares
      Bernama  -  160 words
    • 400 3  -  By Lilian Ang CASH-RICH Robinsons has turned in an impressive set of results, chalking up 15.02 million in after-tax (but before extraordinary gains) earnings for the financial year ended June 30 up 39 per cent from, FY9O. Shareholders were also pleasantly surprised with a
      400 words
    • 285 3  -  By Carolyn Lim IN SPITE OF an increase in turnover, Inter-Roller Engineering recorded a drop in post-tax profit for the interim period ended on June 30. The 13.6 per cent drop in after-tax profit to $1.3 million was due to an increase in overhead expenses
      285 words
    • 683 3  -  MARKET TALK Haw Par's closure of international trading arm a good move By Genevieve Cua HAW PAR Brothers International's interim results, to be unveiled this week, are expected to be flat, dragged down by write-offs incurred with the closure of its international trading arm. Analysts agree
      683 words
    • 313 3  -  USssom earmarked for govt firms being privatised in the region By Chew Eng Han A US$5O million fund will be set up to invest in Southeast Asian government firms which are being privatised, such as Telekom Malaysia, power utility giant Tenaga Nasional, Singapore
      313 words
    • 338 3  -  From Catherine Ong in HONGKONG THE restriction on foreigners borrowing Singapore dollars to finance the purchase of private land has forced Hongkong's Wharf group to bid aggressively in public tenders, a company director told BT yesterday. Wharf Holdings' executive director John Hung
      338 words
    • COMPANY BRIEFS
      • 30 3 THE UNITED Overseas Bank group announced yesterday that foreign shareholdings in the company has reached the 40 per cent limit as of Aug 16.
        30 words
      • 62 3 KUALA LUMPUR Kulim (M) Bhd has proposed a one-for-one rights issue at M 51.50 to raise MS2O2 million. Proceeds from the rights issue will be used to fund its purchases of shares in several companies including Yule Catto Plantations Sdn Bhd several lots of land
        62 words
      • 38 3 ENG KUAN Company Pte Ltd has bought 20,000 Metro shares yesterday at prices varying between $4.92 and $4.96. Metro directors Ong Tjoe Kim and Jopie Ong Hie Koan are deemed interested in the purchase.
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      • 51 3 SIME SINGAPORE yesterday completed its purchase of SPP Building at 315/315 A Alexandra Road from SPP Ltd. Sime, which paid $16.51 million for the building, said plans are underway to retrofit the building and redevelop part of it into a modern motor vehicle showroom cum
        51 words
      • 56 3 UNITED INTERNATIONAL Securities reported interim pre-tax profit of $1.84 million, up 35.3 per cent against $1.36 million for the same period last year. Profit after tax was $1.2 million against $779,000 before. Consolidated net tangible asset backing per share was $1.33 as at June 30,
        56 words
      • 120 3 Kuala Lumpur Arab-Malaysian Merchant Bank Bhd registered a 60.3 per cent jump in group operating pre-tax profits to MS 130.472 million for the financial year ended March 3, 1991. AMMB said yesterday that this was achieved on a turnover of M 5715.156 million, up 61.1 per
        120 words
      • 97 3 Kuala Lumpur Hume Industries (M) Bhd, which has a 45 per cent stake in Nanyang Press (M) Bhd, has made a general offer for the rest of the shares it does not own or 16.56 million shares of Msl each. Commerce International Merchant Bankers Bhd
        97 words
    • 395 3 MBT KUALA LUMPUR IGB Corp is expected to invest some Msl billion (*****.2 million) over the next three to four years to finance its massive property projects in Kuala Lumpur. Its managing director. Tan Boon Seng, said the projects Bandar Mid-Valley Development, the
      MBT  -  395 words
    • 430 4  -  By Lee Han Shih SINGAPORE Metal trader Burwill, moving into property to supplement falling profits, has agreed to buy HKSIBO million (5540.2 million) worth of office space in Hongkong from a partnership of Lippo of Indonesia, Hong Leong of Singapore and C Itoh
      430 words
    • 321 4 Bernama KUALA LUMPUR The High Court here yesterday revoked the order given to Bank Bumiputra Malaysia Bhd (BBMB) to auction the Putra World Trade Centre (PWTC) and the land on which it stands to recover a Ms2oo million (SSI24 million)
      Bernama  -  321 words
    • 389 4 BANGKOK Hopewell Holdings Co has asked the Thai government for an eight-year grace period on tax payment for the multi-bil-lion-baht elevated train project if its tax exemption request is not acceptable. The Nation reported over the weekend. Hopewell managing director Gordon Wu has met
      389 words
    • 202 4 Reuter SYDNEY The Broken Hill Pty Co Ltd (BHP) is watching developments in the Soviet Union, where it is considering a multi-billion-dollar investment in the oil industry. "We are monitoring the situation like everyone else," a spokesman for BHP's petroleum division said. The BHP spokesman confirmed
      Reuter  -  202 words
    • COMPANY BRIEFS
      • 100 4 TOKYO Japan's Ministry of Finance (MOP) and other government agencies are in the final stage of coordinating their views on penalties to discourage the ptactice of compensating brokerage clients for losses. An MOF official said the MOF-drafted amendments to the Securities Exchange Law
        100 words
      • 104 4 SEOUL South Korea's Securities Supervisory Board (SSB) has launched an investigation into a. possible stock manipulation said to have netted a profit of about 63 million won (S$ 149.000), Yonhap news agency said. The individual, who was named by Yonhap, is said to have bought 1.65
        104 words
      • 102 4 HONGKONG Property player Keck Seng Investments has posted an increase to HK525.3 million (555.7 million) for the half year ended June 30, 1991, compared with HKSIS.B million for the same period last year. The improvement in profit was posted on the back of a massive
        102 words
      • 42 4 WELLINGTON Fletcher Challenge unit Southern Petroleum has raised its profits to U5522.87 million (5539.79 million) for the year ended June 30, 1991, from US$3.lB million last year. Gross revenue rose to U5542.04 million, from U5516.64 million before.
        42 words
      • 95 4 TOKYO Japanese contractors for Boeing Co's next-gen-eration Boeing 777 airliner Mitsubishi Heavy Industries Ltd. Kawasaki Heavy Industries Ltd and Fuji Heavy Industries Ltd plan to build plants in Japan to make parts for aircraft. Kawasaki will spend 8.5 billion yen (Sslo6 million) to build a
        95 words
      • 59 4 SYDNEY The News Corp Ltd said chief executive Rupert Murdoch has been appointed chairman. He replaces Richard Searby. chairman since 1981, who retired on Aug 16. Mr Searby. 60, will become non-executive deputy chairman of News Corp and non-executive chairman of Australian subsidiary News Ltd
        59 words
    • 283 5 1 But results fall slightly short of analysts' expectations NYT n SAN FRANCISCO Hew-lett-Packard Co's revenues and profits increased in its third fiscal quarter, but the results fell slightly below the estimates of Wall Street analysts. For the quarter ended Jutjr!y 31, the maker
      NYT  -  283 words
    • 292 5 Reuter LONDON Lloyds Chemists pic has said it is making a £79.2 million (*****.4 million) cash and share offer for JJK chemist retailer Macar.itty pic. The offer values each Marparthy share at 285p a share, hand involves the offer of one jjnew Lloyds
      Reuter  -  292 words
    • 480 5 Reuter LONDON The stream of rights issues from British companies has dried up in recent months, but a second, smaller wave of issues is expected in the coming weeks. "A wide range of companies still need funds and the pressures
      Reuter  -  480 words
  • Page 3 Advertisements
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      157 words

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    • 428 4 A N fe N% 4 N < ,j\ ■<?" fVl Vs %s %S Ov < S S JM&?k L .svs-- ir > -.w v* "^MMBMI^BiBIigiIMMIiM^BWMM Mpfe"*" r^BBWH^^^^^^^»^.^RIiMMMHM^^^KB^F^MW^I^^»^^iSBHBjBiBHMBBIIII^^^W %%s3_ .aiglly^M t ''^^MHin^vHHßn nHDBIiiHHHBHk. Jl^Kl^Hil^X^iß Twin Waters Resort is for sale. 1. A new fully operational 374-room Resort Hotel. 3. Development land.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 97 6 TOKYO National Westminster Bank pic in Japan said it had no losses from loans made using deposit certificates issued by Fuji Bank Ltd Ltd as collateral. "We made loans (to Fuji's clients) based on time deposits in Fuji Bank, but these loans were
        97 words
      • 100 6 KUALA LUMPUR The Malaysian unit of The Hongkong and Shanghai Banking Corp said it had raised its base lending rate (BLR) to 8.0 per cent from 7.5 per cent effective last Saturday. "This upward revision is based on current overall costs including the prevailing cost
        100 words
      • 116 6 ABU DHABI Bankers, ministers and economic experts from the 21-member Arab League will meet in Rome later this year for the first time since the end of the Gulf war to map out a new strategy after their funds were seriously hit by the conflict.
        116 words
      • 97 6 CAIRO Egypt is planning sweeping new powers for its central bank to strengthen the capital base of the country's banks and monitor their activities more closely. Prime Minister Atef Sedki told al-Ahram newspaper last Saturday that a proposed new banking law gave the central bank
        97 words
      • 62 6 TOKYO The European Bank for Reconstruction and Development (EBRD) is planning to issue Eurobonds and the yen-denominated Samurai bonds possibly this fall, the Nihon Keizai Shimbun said yesterday. The offering will be its first fund-raising move since the EBRD, set up to foster market reforms in
        62 words
    • 358 6 Reuter OSLO Norway's Government Bank Insurance Fund and the Commercial Bank's Guarantee Fund have told Christiania Bank og Kreditkasse to cut costs by at least 15 per cent by the end of June 1992 as a condition to transfer the troubled bank
      Reuter  -  358 words
    • 505 6 AFP WASHINGTON Five top executives of Salomon Inc left the firm on Sunday in connection with a trading scandal, and the government responded by reversing key parts of its hours-old order suspending the Wall Street bond giant from US
      AFP  -  505 words
    • 256 6 Reuter LONDON Sagging parent company earnings and scandals at home are forcing Japanese securities firms here to review business strategy and to reduce staff from Tokyo. Japanese analysts and brokerage officials based in London say, however, there is not likely to be
      Reuter  -  256 words
    • 294 6 AFP ABU DHABI The United Arab Emirates (UAE) will not allow the creation of new commercial banks as existing banks are more than enough for the local market. Central bank governor Abdel Malik Al-Hamar told the Sharjah Chamber of Commerce
      AFP  -  294 words
    • 234 6 Reuter LOS ANGELES Bank merica Corp, which has made a rapid comeback from billion-dollar losses to become the dominant West Coast bank, is now primed to overtake Citicorp as the top US banking group. In its latest move, the San Francisco bank earlier announced a
      Reuter  -  234 words
  • Page 6 Advertisements
    • 161 6 COMPETING ON CREDIT TERMS COULD LOCK YOU M A TIGHT SITUATION Selling on competitive credit terms could leave you in a tight cash flow situation. Funds that you need to take advantage of new business opportunities could all be tied up in accounts receivables, restricting your company s growth. This
      161 words
    • 154 6 Greed takes its toll on Salomon, Pg 20 PI IJ uni-hall A MITSUBISHI PENCIL CO., LTD. JAPAN What We Have Done M To Give You These ji xmii Fine Liners /a J Step 1: &[m Jm /jl. First we make their metal ball tips a fm highly durable to acquire
      154 words

  • THE REGION 1
    • 352 7 BANGKOK Personal and corporate income tax rates in Thailand are expected to be cut from January next year in a move to promote investment and at the same time encourage more income earners to enter the taxation system, the Bangkok Post reported
      352 words
    • 221 7 Reuter MANILA Philippine debt negotiators will meet foreign creditors in New York and Washington this week to try to finalise a US$4OO million (***** million) financial package to help fund the economy, officials said. The package will consist of new money of up to
      Reuter  -  221 words
    • 139 7 BANGKOK Despite the projected glut in hotel rooms up till 1995, the Thai Board of Investment has approved promotional privileges for nine projects, including three hotels in the provinces and one in Bangkok, with a combined investment of 1,143 million baht, The Bangkok Post
      139 words
    • 227 7 Reuter CANBERRA Australian business is extremely concerned about the future of the economy, says a survey by one of the country's major employer groups, the Confederation of Australian Industry (CAI), yesterday. "CAl's survey of investor confidence shows deep and entrenched pessimism within the business community,"
      Reuter  -  227 words
    • 520 8 Firms eyeing bigger share of international market NST KUALA LUMPUR With a global textile market estimated to be worth well over MS 120 billion (5574.4 billion) to tap, the Malaysian textile and apparel industry is standing on the threshold of further growth, especially in
      NST  -  520 words
    • 315 8 HONGKONG US authorities are likely to launch fresh investigations into several Hongkong textile firms, just one year after sweater manufacturers were hit with a 5.86 per cent anti-dumping duty, the South China Morning Post reported lawyer Simon Luk as saying. Mr
      315 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
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  • THE WORLD
    • 525 9 German prosperity in jeopardy: central bank Reuter FRANKFURT High German wage rises in the 1992 wage round could threaten the prosperity west Germany has enjoyed for the last decade, says the Bundesbank. In its August monthly report, the Bundesbank delivered a detailed criticism
      Reuter  -  525 words
    • 394 9 Reuter JERUSALEM Israel and the Palestinians appear to be on a collision course which could wreck the best chance ever for convening a Middle East peace conference. State-run television said last Sunday that Israel was seeking US guarantees to deny the Palestine Liberation
      Reuter  -  394 words
    • 196 9 Reuter TOKYO Taiwan's ViceMinister of Economics has warned Japan that its rising trade surplus might lead to import controls and exclusion from big-money contracts. Japan's financial newspaper, the Sihon Keizai Shimbun, quoted Chiang Pin-kung yesterday as saying he wanted to avoid import controls but that
      Reuter  -  196 words
    • 384 9 Reuter KENNEBUNKPORT, Maine President George Bush has asked America's 50 state governors to use their influence to help get stalled international trade negotiations going again. The effort to overhaul global trade rules in the Uruguay Round of Gatt has deadlocked on
      Reuter  -  384 words
    • WORD WATCH
      • 75 9 TOKYO The Ministry of International Trade and Industry (Miti) will release a plan by the end of next month to increase foreign companies' direct investment in Japan and encourage the importation of foreign products to the country, a Miti official said yesterday. The
        75 words
      • 105 9 LONDON British retail sales were unchanged last month from a year ago and retailers expect to improve only slightly this month, the latest Confederation of British Industry (CBI) survey of distributive trades showed. "While the worst of the fall in retail sales may now be behind
        105 words
      • 99 9 SEOUL A key aide to disgraced former president Chun Doo Hwan yesterday called for creating a new conservative political party, apparently to oppose President Roh Tae Woo. "We need to found a new creative party with our eyes on the 21st century," said Chang
        99 words
      • 66 9 SEOUL South Korea is to expand a fund that supports trade with North Korea because the north has become flexible in its diplomatic and economic policies, an official at the South Korean Economic Planning Board said yesterday. North Korea will join the UN next
        66 words
  • Page 9 Advertisements
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  • 478 10 EDITORIAL THE post-cold war era has ended. Yesterday in an apparent coup, Soviet president Mikhail Gorbachev was ousted from power by a troika of hardline communists, the military, and the KGB. In one swift move, Gorbachev's exit poses a big question mark not only ovfer the future of
    478 words
  • WHAT THE OTHERS SAY
    • 257 10 WITH less than a month to go before the Sep 16 deadline for expiry of the lease on Subic Naval Base and Clark Air Base, Philippine senators are still undecided on whether to ratify the agreement reached with the Americans on July 17 on a new
      257 words
    • 104 10 SOON Singapore workers may be able to enjoy direct Skills Development Fund grants amounting to a maximum of 70 per cent of the cost of training. This is very attractive indeed. Instead of relying too much on employers to do their part, workers can take their own
      104 words
    • 159 10 THERE is only one issue in the general election to give a mandate to the government headed by Prime Minister Goh Chok Tong to continue with its programmes for the nation's development. And the more votes the government gets, the more confidence it has in carrying out
      159 words
  • REGIONAL VIEWPOINTS
    • 190 10 SIX MONTHS after the end of hostilities in the Gulf War, the balance sheet in the Mideast makes for confusing reading. The Kuwaitis recovered their country. The security of oil supplies from the Gulf region has been assured for years to come and hopes for a more
      190 words
    • 140 10 EXPORT of cement has been determined to be the real cause of the cement shortage. Which is why the government has announced a free import of cement and waived the 50 per cent import duty until the end of the year at least. Cement users have welcomed
      140 words
    • 222 10 OIL BARGE D 829 capsized and sank in the Huizhou oilfield on Thursday. Now the survivors are safe again on shore, however, it is time for the authorities to consider the circumstances that led to the loss of a modern oil barge in a typhoon. The
      222 words
  • 988 10  -  Indian Finance Minister Manmohan Singh is seen by many businessmen as a saviour who can get the country out of its economic rut. Rajendra Bajpai reports on the upbeat mood of the country Rajendra Bajpai The writer is a New Delhi-based journalist who contributes to BT
    988 words
  • Page 10 Advertisements
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      274 words
  • Page 10 Miscellaneous
    • 28 10 DOONESBURY BY GARRY TRUDEAU 232FZEVL DINNER L/STNfoHT.PNDTh&B I WWAJIWCUT OCULDSTtW WGNOTHN6!NOfaI&,HO > I M 1 TDLOSe WOtfTBE USCUTOFHOUS6 SfWjHETTI NOFUTPteS I I FOR A UTTie WwHAT*m v AF&U TH£fߣ
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  • ANALYSIS
    • 834 11  -  The toppling of Mikhail Gorbachev Removed from power yesterday, Mikhail Gorbachev can expect to see his effort at transforming the Soviet Communist regime into a democratic institution in jeopardy, writes Thomas Kent Thomas Kent AP IT WAS a radical experiment that defied 70 years of Soviet
      AP  -  834 words
    • 968 11 AP THE MEN who seized power yesterday from Mikhail S Gorbachev set up an eight-member leadership committee with a distinctly hardline Communist Party and military makeup. They formed the State Committee for the State of Emergency to run the country during
      AP  -  968 words
    • 342 11 Reuter MIKHAIL Gorbachev's removal as Soviet leader could derail critical US-Soviet diplomatic initiatives and represents a potentially devastating policy setback for US President George Bush. At their Moscow summit two weeks ago, the two Presidents agreed to try to convene a Middle East
      Reuter  -  342 words
    • 680 11 Reuter THE REMOVAL of President Mikhail Gorbachev yesterday amounts to a last-ditch effort by hardliners to keep control in the Soviet Union but could be doomed to fail, Soviet affairs analysts say. "It's Custer's last stand by the military and conservatives in the
      Reuter  -  680 words

  • Page 12 Advertisements
    • 265 12 (What leading industry consultants are saying about NCR's System3oooJ ■■We commend NCR for its leap into openness. NCR's let's-do-it-now strategy is a sound one. It promises big dividends as users ponder the fate of their present proprietary systems and begin searching for newer ones based more on industrywide standards./' Wohl
      265 words

  • INNOVATION & TECHNOLOGY
    • 423 13  -  Claire Leow on the computer maker s drive for market share Claire Leow WITH its low-cost product st rategy bearing fruit, Apple Computer now intends to whip out note-book-sized computers before the year-end to increase its market share. But Apple has not yet
      423 words
    • 296 13 HEWLETT-PACKARD has introduced a fault-tolerant Unix-system-based computer for the telecommunications industry. The new HP 9000 Model 1245 provides an open-systems environment for on-line transaction processing, and is faster than its existing HP 9000 Model 1240. Fault-tolerant computers are designed with redundant components that allow the system to continue
      296 words
    • 175 13 AP LASER light fired through tissue in bursts lasting only two-trillionths of a sccond may one day be used instead of X-rays to detect small tumours in the breast, according to a group of researchers. R R Alfano, head of the Institute of
      AP  -  175 words
    • 730 13  -  Kenneth James looks at what promises to be a major step towards truly portable computing IT MATTERS Kenneth James LAST October, computer chip giant Intel introduced another variant of its next-to-highest-end ***** microprocessor. One thing sets this chip, the 386SL, apart from the rest of
      730 words
  • Page 13 Advertisements
    • 34 13 BU Y A AND WIN A FREE TRIP TO HONG jfc KONG# For Bookings Made In August 1991 IjHEtt-S 'C 24 LENG KEE ROAD SINGAPORE 0315 < HEXAUU TEL: *****11 FAX: *****77 TLX: ***** AUTO
      34 words
    • 292 13 y^ H J m I fly I Br A:Mi i•;•* spi H£.- i nisl r; fVrKTle^^^. i;\ |K', I 'The New Math'' 38 explained by AST m ou don't nee d financial training or a Lotus I*2*3 spreadsheet 1 package to figure out that 556,440 less 553,850 is 552,590. Of
      292 words

  • Page 14 Advertisements
    • 205 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Desert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. A MEMBER Of
      205 words
    • 260 14 into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our suing quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. Hyatt Regency Singapore 10-12 Scats Road Singapore 0922 Td: *****88 Discover the best of Singapore favourites, right 12.00
      260 words
    • 263 14 Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy Hours when all drinks are going for a song. Plaza Hotel nappy Hours: srssrxrsr 6-9 pm XP-— Bnjoy super room rate discounts from now l I August 31, 1991. C
      263 words
    • 243 14 Local Tea Time delights at Chatterbox every Fhdaf, Saturday and Sunday. 3 pm to 5.30 pm. $14.50++ per person $8.50++ per child (below 10 yrs) Mezzomt 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) Orchard
      243 words
  • Page 14 Miscellaneous
    • 698 14 TELEVISION AND RADIO /"%r| 1 rvijirv IYIOHIO tit o«arS2 MS !2£chi(cSm-d>. ividuitdi movie mdnid C 7 8.00 PM Singapore Short FHno I*"*?.'l. AT 10.05 WtrW News (M). 7.10«, 9.25aai, 1.30pm, I) Ah Tong; 2) The Cage (See >«■" al Zooms in on 5.30pm, 3.2S»aK Financial News Our Choice). IV,<W ~T
      698 words

  • LIFESTYLE
    • 922 15  -  Last year, within a week, a Japanese industrialist paid US$ 160 million for two paintings. This year, the most expensive art work was sold for a mere US$9.7 million. Has the art market hit bottom? Rita Reif reports on the declining sales at Christie's
      NYT  -  922 words
    • 424 15 CHATTERBOX j OSCAR-WINNING actor Karl Maiden will serve a third consecutive term as president of the Academy of Motion Picture Arts and Sciences. Maiden was selected by the Board of Governors for the 1991-92 term on Wednesday, the academy said. Maiden won
      424 words
  • Page 15 Advertisements
    • 235 15 AND ENTERTAIN Tea cum Bridal Workshop Prepare for your wedding during this beautiful presentation every Sunday in August. From 2 to 5 pm. $18.50++ per person. At the Connaught Room, level 2. August 4 Irene's Creation August 11 Bridal Bazaar August 18 Yumi Katsura August 25 Bridal Bazaar Fashionshow at4pmbyHanis
      235 words
    • 98 15 4 =il>\ I —7~ ——I p— Sfacial Ao&4te/i 7{Jit& £Z6ar4 *?Ck Set TH&tu f: f 10 person) jjffgfrflfr V 8/9/91 Jjj f Peking Roasted Dock Complimentary Birthday C ake tcx Birthday Celebrations 4 (Boo« ?«hr» in «dv»nc«) Lobster Sated wilt) Fresh Fruits Season Vegetable with -Jj Stork's fin with Crri>
      98 words
    • 92 15 r Jhf re i V M k and t exhi^hi^ u f ash li ind Ee» both "^< s I ;f|H »All-weather y^^^>[ >; B^^fe Y^i V^ n expect these essential I I |j|| WU in ffijß^BS Shanghai JC Mandarin l ■9BH ±*tfit**,/vt l|| I lUJ Shanghai )C Mandarin 122S
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  • Page 16 Advertisements
    • 110 16 i LJB HU jnpr *ite» -MMI j itjg v /.uw* ■SH I jfti JgL >y3KMIf I Mi Ml 11*1 liti I I ftiTtf "V kfeft. J ■I £f ,iM 8 E ll b91%» IB II :--«<> i fii a -Bf f ntf fe Vi f* C f »BP~ IB i
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  • Page 17 Advertisements
    • 54 17 m mr «Bfc s HPfe Sft? 1 ■K MMMR&* K RfPIP c i For the man who makes his own rules. S0? y mßr^S'*.... I PREMIER !J:V j I from Johnnie Walker j I I Rare Scotch whisky, aged to perfection. v ,W' I The result of over 170 years
      54 words

  • SPORTS 1
    • 627 18 UPI INDIANAPOLIS Fifthseeded Pete Sampras defeated No 1 seed Boris Becker 7-6 (7-2), 3-6, 6-3 in two hours, 47 minutes at the Indianapolis Sports Centre on Sunday and took home the USS 137,500 (*****,750) top prize in the US Hardcourts Championships. Sampras had
      UPI  -  627 words
    • 518 18 Virginia Slims Finals AP MANHATTAN BEACH, California Monica Seles beat upstart Kimiko Date in the championship of the Virginia Slims of Los Angeles on Sunday, but the Yugoslav lost her Number One ranking before she even stepped on the court. Date, who
      AP  -  518 words
    • 649 19 AP CASTLE ROCK, Colorado Jose Maria Olazabal took a page from Seve's book and a romp around the woods and hills on his way to a victory on Sunday in The International. Just as his more famous countryman Seve Ballesteros did so often in establishing a world-wide
      AP  -  649 words
    • 757 19 NYT HAVANA, Cuba For the last two decades, Cuba has been that crushing left hook that US athletes have always been wary of. While the other Caribbean nations cannot begin to compete with the US' amateur sports machine, Cuba, an
      NYT  -  757 words
    • SIDE LINES
      • 88 19 SUTTON COLDFIELD, England Briton David Gilford won his first European tour event on Sunday and virtually clinched a Ryder Cup place for good measure. Gilford jumped from 17th to eighth the first nine qualify automatically in the cup standings with a two-stroke victory
        88 words
      • 82 19 KENMORE, Washington Mike Hill blew by second-round leader Chi Chi Rodriguez with an 8-under-par 64 on Sunday to win the US$4OO,OOO (S$680,000) GTE Northwest Classic Senior men's golf tournament. Hill capped a tournament record performance with six birdies and an eagle for a twostroke victory over
        82 words
      • 74 19 BROOKLYN PARK, Minn. Cindy Rarick charged from five shots back in the. final round and then beat Beth Daniel and Jody Anschutz in a play-off here on Sunday to win the Northgate Classic. Rarick, a winner for the first time this year, holed a seven-foot birdie
        74 words
      • 81 19 NEW HAVEN, Connecticut Petr Korda blew by Goran Ivanisevic in straight sets 6-4 6-2 to win his first career singles title at the Volvo International tennis tournament on Sunday. Korda, 23, of Czechoslovakia, ran his former doubles partner Ivanisevic ragged, needing just 61 minutes to put him
        81 words
      • 89 19 TOKYO The governing body of the International Amateur Athletic Federation (lAAF) will not recommend that South Africa be re-admitted to international competition. A meeting of the lAAFs 23-member council decided on Sunday that South Africa, expelled from the federation in 1976 because of its
        89 words
      • 119 19 HAVANA The explosive right hand of heavyweight Felix Savon cut down American Shannon Briggs in the first round here on Sunday as Cuban boxers punched their way to 11 out of 12 golds on the final day of the Pan American Games. Cuban fighters knocked out two
        119 words
  • Page 18 Advertisements
    • 217 18 SIEMENS Advanced medical systems for one of Singapore's leading hospi^^^_^^ I^~^2lSu4\ J 1 Y Angiographic examinations of vessels. The system is designed for products and systems have been patients suffering from vascular cerebral, thoracic, abdominal and developed during the past five diseases are essential before peripheral angiography as well as
      217 words
    • 87 18 So advanced you can hear the difference I The new Demag chain hoist "DK". Whisper-quiet operation demonstrates its advanced design. Innovative features make for a breakthrough in lifting technology. electronic controls suitable for use in automated systems i ergonomic control pendant cuts I |l operator fatigue to a minimum durable
      87 words

  • Page 19 Advertisements
    • 351 19 Business7\wards woßtowtoe excess f Business Times your candidates for Singapore 's most prestigious business accolades IN 1985, BUSINESS TIMES, a business daily published by Singapore Press Holdings, and DHL WORLDWIDE EXPRESS, a leading international air express company, came together to organise an award scheme to honour Singapore's most successful businessman.
      351 words

  • CORPORATE FOCUS
    • 1334 20  -  Salomon Brothers, the US investment bank which got into trouble for violating Treasury rules, has a corporate culture that now threatens to destroy the firm, reports Floyd Norris Floyd Norris NYT AT Salomon Brothers, trading has always been a form of war in which
      NYT  -  1,334 words
  • Page 20 Advertisements
    • 262 20 What has golf got to do with Ij your business and USS? Just as Golf Is your solution to the pressure of the workplace, United Software Solutions, or USS as you know it, is your solution to an increasingly competitive market. USS is a major investment by two well-established companies
      262 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 887 21  -  By Kooi Cho Teng NEWS THAT Soviet President Mikhail Gorbachev was ousted by hardliners triggered a wave of panic selling in stock markets around the world yesterday. Singapore was no exception. Stocks here had opened weaker in response to the Tokyo market's
      887 words
    • 3209 21 Gr's Gr's •091 jji i«t Vol Day Last Quote Div Div Y*W Net M Cap High Low Code Company Sale +or- (TOO) High Low Buyer Seller Or P/F Smil INDUSTRIAL COMMERCIAL i s a- u S S a "aSni ,!s »ss I: is is. s ,i» |S sir m js
      3,209 words

  • 3801 22 Main Board Gold Coin 300 4 +1.4% Harimau 120 +2 +1.7% H PLua 50* 85Vi +1Vi +1.8% RMCA Re 87 +1 +12% ICB Loan 82'/ 2 +0.6% S Steam Ln 94 83'/i +0.6% Clob Oriental Hldgs 565 -•-IS 2.7% Boustead 50" 164 +4 +2.5% Dunlop
    3,801 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4173 23 Bernama SHARE PRICES in Kuala Lumpur, already weakened by the slide of the past two weeks, plunged sharply across the board yesterday on news of the ouster of Soviet President Mikhail Gorbachev. The KLSE Composite Index plummeted 36.19 points, or 6.68 per
      Bernama  -  4,173 words
  • Page 23 Advertisements
    • 109 23 PROPERTY CONSTRUCTION SUPPLEMENT 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 are residential property prices heading? As
      109 words

  • BT SHARE INFORMATION SERVICE
    • 243 24 Compaoy D»t« Yoar Group Not Net earnings Gross MR to profit/loss (L) por skari dividend ('000) (coots) PSC Aug 16 Dec 90 $2.319($2,503) 2.6(4.2) 2.5(6) QAF Ltd Aug 14 Mar 91 $1,080($2,873) 0.4(1.0) —(1.5) MCB HWgs Aug 10 Mar 91 M$ 1,266($3,7241) 54(—) 2.5(25) Metalock Aug 12 Mar
      243 words
    • 139 24 Company Date Ymt Groap pr*-tax N«t aaraings Cms mm to praftt/lass (L) par sfcara dhridaad COOO) (caate) imatex Aug 16 Mar 91 M$6.206l( 15,4241) leong Huat Aug 16 Dec 90 527L($239L) DBS Land Aug 14 Dec 90 $30,752(135.943 4.8(6.1) 4(4) KL Industries Aug 14 Mar 91 MJ7,760(-) 3.8(—)
      139 words
    • 401 24 Company Date Half-yMr Group prt-tox luttrim mm to pr«nt/lm (L) dhrhtoad COOO) PMHMgs Aug 17 iun 91 $3.673($2,427) 2.5(2.5) Tat Let Bank Aug 17 Jun 91 I14.084g($l 1.961*) -<-) Tat Lee Finance Aug 17 Jun 91 $1,595(1,776) H Negara Aug 16 Jun 91 $990($699) Dunlop Est Aug 15
      401 words
    • 713 24 /Uif IS Eu Yan Sang has activated a dormant Malaysian subsidiary called Corpus Five Sdn Bhd to boy a plot of land in Kuala Lumpur for Ms7.sm (about SJ4.7m) under somewhat MoteTMarcoWo bid $163 m for the site in Jurong East in a Jurong Town Corporation tender which
      713 words
    • 711 24 Cwrwt Ex Books Date Tatel tor Tatei hr paymant date cbM payaWa tha yaar last yaar Mei rtdp 50c 61(b) Sep 4 Sep 16 Sep 30 6% 6% Asia Pac Id 50c 21(b) Jul 18 Aug 1 Aug 30 2% Avm 20c 51TE(I) Oct 14 Oct 24 No*
      711 words
    • 625 24 Main Board Last Full Year Company Period Date Yur Net EPS toss Nat aroncad endng (cants) dv profit last yur (fOOO) Cantos Intenm Apr 27 Jul 91 126 200TE(a) 38.911 Spora Land Interim May 4 Dec 91 126 100 44.641(g) Tone Mani Interim Aug 2 Dec 91 4
      625 words
    • 936 24 Mot* as at 19.0t.9i Convorilon tarns Prill"*' fcqMor (discount) Amount Optional** using Company Wrts Share Loan Con* bar Lnstk Cask Cask Loaa tearing Data Mtfcs ■nits) stock ratio prico nom Sth Loft vataa Burw.ll 115.2 0 240 0 650 1 00 1 00 91 2.71 30/06/94
      936 words
    • 256 24 Company Rights Issue Bolton One-tor-four fe, MJ2 00 per share Ei-dale Jul 16 Books dose: Jul 30 Acceptance 4 Payment Sep 10 kfo Hyd Four-tor-five <g, MSO 65 per share Ex-date Jul 25 Books dose Aug 8 Acceptance t Payment Sep 17 Nat Rap One-tor-two SO 80 per
      256 words
    • 533 24 Company Rights Issue hm Pk Land One-tor-two fe MSG 65 per stare Afance Tath One-forone fe, >100 per start Bcfton Issue of S90 978m nomwal amount of 3.5% Redeemable Unsecured Guaranteed Bonis 1991/96 with *****m detachable warrants on the bass of $2 nominal amount of Bonds tor every
      533 words
    • 734 24 BONDS, LOANS WARRANTS C—p—y GwwniwpwM Cwwritw >— fcr mmm+mty MM Before 30/6/sT 1 warrant pto HKI1.00 cash CtC Wl Before 26/4/93 1 warrant pka $3.09 ash C— wi) LM C— Ml) III 2/10/89 to 20/10/94 1 warrant pto JO 77 ash or 1 warrant pte $077 nomral amount of loan
      734 words
    • 379 24 Berjjya Corpn (M) Bhd: EGM at Bukit Kiara International Equestrian and Country Resort Jalan Bukit Kiara, off Jalan Damansara. *****, on Wednesday, Aug 21, at 10am. Golden Hope Phntatioro Bhd: 15th AGM at the Nirwana BaHroom, Lower Lobby, Kuala Lumpur Hilton, Jalan Sultan Ismail, ***** Kuala Lumpur, Malaysia
      379 words
    • 171 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index ,mm) im 1565 58 (3/6/91) 2 Sf S? 1991 tar 1149 08 (16/1/91) m 1435 43 6/7/90 1990 1607 12 (27/3/90) SSSf 981 07 (09/11 90 1990 1079 50 < 11 10 90 > SSSv 13?? M 5/ 7/2 1919 1487
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  • Page 24 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2228 25 Reuter TOKYO STOCKS plunged yesterday on a Tass report the Soviet Vice-President took over as head of state because of Mikhail Gorbachev's inability to perform his duties for health reasons. In fairly heavy trade, the Nikkei closed at its lowest level since Oct
      Reuter  -  2,228 words
  • STOCK EXCHANGE OF HONGKONG
    • 1872 25 Reuter HONGKONG'S blue chip Hang Seng index tumbled 340.53 points or 8.38 per cent yesterday to end at 3,722.75 on news that Soviet President Mikhail Gorbachev had been replaced. It was the largest one-day loss since June 5, 1989, when news
      Reuter  -  1,872 words
  • Page 25 Advertisements

  • REGIONAL STOCK MARKETS
    • Moscow crisis sends markets diving
      • 999 26 Close Previous Aug 19 AUSTRALIA All Ordinaries Index 1,502.1 1,567.0 -64.9 All Industrials Index 2,288.7 2.398.2 -109.5 All Resources Index 896.9 928.6 -31.7 Turnover (million) 116.70 108.56 +8.14 BANGKOK SET Index 665.70 698.05 -32.35 Turnover (billion baht) 2.90 1.85 +1.05 JAKARTA Composite Index unav 329.94 MANILA Composite Index 947.73 952.76
        999 words
      • 899 26 NEWS OF political upheaval in the Soviet Union sent stock prices into free-fall yesterday as panic selling wiped 4.1 per cent off the leading index. The All Ordinaries index plummeted 64.9 points to close at 1,502.1, the biggest one-day fall since Oct 16, 1989, when the market crashed 141.3
        899 words
      • 761 26 STOCKS partly recovered on late bargain hunting yesterday after they plunged half way through the session on reports of Soviet President Mikhail Gorbachev being replaced by his deputy, brokers said. The SET Index, which lost 43 points or 6.2 per cent about 15 minutes before closing, bounced back to
        761 words
      • 540 26 SHARE PRICES in Manila closed mostly lower yesterday on lingering anxiety over a possible loss of financial aid and trade concessions from the United States if the bases deal is not ratified by the Philippine Congress, brokers said. Manila's composite index closed 5.03 points lower at 947.73. "Some pronouncements
        540 words
      • 796 26 SEOUL SHARES plummeted across the board yesterday on news of Soviet President Mikhail Gorbachev's ouster. "The news drove Seoul shares, which saw a decline recently, to plunge across the board today," Tong Yang Securities broker H S Chung said. Worries over a possible shift to extreme conservatism from Gorbachev's
        796 words
      • 478 26 SHARE PRICES on the Taiwan Stock Exchange suffered weighty losses almost across the board yesterday, partly prompted by late reports that Soviet President Mikhail Gorbachev had been replaced. The 235-issue weighted price index plummeted 197.91 points or four per cent to settle at 4,650.35 points, following a 49.09-point decline
        478 words
      • 275 26 LEADING SHARES ended mixed in busier than normal Monday business in Wellington yesterday, but the market had virtually closed when news of the Soviet crisis came in. "In terms of where we go tomorrow, it will depend on what happens to other markets overnight," a broker said. The
        275 words
  • Page 26 Advertisements
    • 26 26 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe ZaoBao, Berita Harian, Berita Mingau, Shin Min, LianHe WanBao call our Hotline 749-2577
      26 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 543 27  -  From Selwyn Parker in AUCKLAND THE London Futures and Options Exchange's NZ$5.5 million (555.5 million) bid for its New Zealand counterpart marks a new era in the forward financial risk market Down Under. It means that the NZ Futures and Options Exchange
      543 words
    • 464 27 Reuter FRANKFURT The launch of two new products last Friday on Germany's futures and options exchange was rated a success by option traders, who said liquidity and volumes were high and trade was free from technical problems. The Deutsche Terminboerse (DTB) traded 20,063 options on
      Reuter  -  464 words
    • 392 27 Cross rates Aug 19 USS SS M$ Dm Yen SFr AS NZS USS 1.7270 2.7790 1.7610 137.25 0.6015 1.5400 1.2853 1.7437 SS 0.5790 1.6091 1.0197 0.7947 0.3483 0.8917 0.7443 1.0097 MS 0.3598 62.14 0.6337 0.4939 0.2164 0.5542 0.4625 0.6274 Dm 0.5679 0.9807 1.5781 77.94 0.3416 0.8745 0.7299
      392 words
    • 525 27 Interbank rates SS Bid Offer" Overnight 4 7/8 5 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-7/8 LiSS Bid Offer 7 days 5 3/4 5 7/8 1 month S 11/16 13/16 2 months 5 11/16 5 13/16 3 months
      525 words
    • 853 27 REPORTS ASIA Tokyo: The US dollar had trimmed the big gains it made against the yen and the mark on Soviet President Mikhail Gorbachev's ouster by Asian afternoon trade. It had jumped to around 139.50 yen and 1.8340 marks
      853 words
    • 1127 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Voi Sep 91 94.31 94.44 94.26 94 40 9431 ***** 2159 Dec 91 94.00 94.18 93.90 94.15 ***** ***** 4218 Mar 92 94.08 94.20 94.00 94.18 ***** ***** 2192 Jun 92 93.73 93.81 93.66 93.81 4000 3362 1156 Sep
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  • Page 27 Advertisements

  • COMMODITIES
    • 458 28 Reuter LONDON A proposal by the New York Sugar Committee to set up a white sugar differential contract has met a mixed response from London sugar traders. Some believe the proposal, circulated in a letter to New York Coffee, Sugar and Cocoa Exchange
      Reuter  -  458 words
    • 267 28 Reuter NEW YORK Coffee prices were not expected to derive long-term stability from any retention scheme devised by Latin American coffee sector representatives meeting here, traders and analysts said. Traders said last Friday that a retention plan would be hard to
      Reuter  -  267 words
    • 837 28 REPORTS HEAVY local stop-loss buying and overseas short-cover-ing boosted gold to end sharply higher in Hongkong at U*****.10/60 an ounce from New York's U*****.70/358.20 close on Friday. It opened here at U*****.5Q/380.00. Hectic buying was sparked by news that Soviet President Mikhail
      837 words
  • 1319 28 Rubber Aug 19 S cents/kg Noon Close Int 1 RSS Prompt I39.2V140.25N I39.2VI40.25N Int 1 RSS Sep 91 140.00/140.50 140.00/140.50 tnt 1 RSS Oct 142.2V142.75 142.2V142.75 Int 2 RSS OP 139.00/141.00N 139.00/141.00N Int 3 RSS OP 138.00/I40.00N 138.00/140.00N Int 4 RSS OP 133.50/135.50N 133.50/135.50N Int 5 RSS OP 129.50/131.SON
    1,319 words
  • Page 28 Advertisements
    • 1029 28 JB_U_SI NESS TIMES TBLEPHQNH: 730-5771/5772/5773 PAXt 734-4982 NOTICE 1 NOTICE IS HEREBY GIVEN that. I. MDMCHUA J JAMBO of Blk 119, Simei Street #10-512 Sin- I gapore 1852, have applied for a Retail Liquor Shop I licence in respect of premises at M/s DOUBLE TOP I J TRADING ENTERPRISE at
      1,029 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1127 29 Ctty FTtffct ETA Flight ETP MttM GA893 1025 GA892 OHO SQ228 2000 QF82 2200 »—la RJ183 0030 GA893 1025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 OneUm4 NZ35 1550 SQ388 2015 NZ36 2330 GA525/ 910 1755 Into Swi SQ18I 1410 SQ182
    1,127 words
  • THE TRAVEL PAGE
    • 646 29  -  LETTER FROM EUROPE By Alan Riding JULY AND AUGUST are vacation months for everyone in Europe except thieves, and they are gaining special notoriety in France and Spain this summer by going beyond picking pockets and snatching suitcases. In southern France, their new specialty is to
      646 words
    • 151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3449 1.3631 Canadian dollar 1.48S8 1.5312 NZ dollar 0.9724 1.0022 Sterling pound 2.806 2.8440 US dollar 1.7370 1.7425 Local dollars to 100 units of foreign currency Austrian schilling 13.42 13.689
      151 words
    • 89 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Aug 18-20 International Germany Mode Woche- *****1990 I Trade Fair for Germany GmbH Fashion Fair Munchen GmbH 1 Consumer Goods Aug 20-31 Izmir Turkey *****150 Aug 24-28 Cosmetics Nethedands Koninklijke ********** International Organisation p c rf UI
      89 words
  • Page 29 Advertisements
    • 43 29 You've got nothing Tbulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague. Call *****77 for details. 9/=7/V/W7//7 We know Europe from start to Finnish.
      43 words
    • 15 29 J\T T M^T jtALL" 2 "RY& vjUivdl new, NEWS, NEWSY From lunch-time. Monday to Saturday.
      15 words
  • Page 29 Miscellaneous
    • 286 29 7 Tries awkwardly to embrace girl and causes an- I I j j I 1 I I I 1 1 noyance (9) bbt iHi Ml 8 Intimidated firm to form a JMLJML.—-VV 10 Do without a holiday 11 Selected to play, but not on the wing? (6) I B I
      286 words
    • 213 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon Report Maximum temperature 30.6* C Assoc humidity 72% Minimum temperature 26.5 Assoc humidity 86% Hours of sunshine 0.15 Rainfall in mm Trace Rainfall this month 84.7 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • 17 29 KVOitiLW.Jii'l C.w> TALKING OJT 6ftc< peo^^i -^(SSU' bad TWeße—GfeT OW I 849© > EVENING STANOARO CO. LTD.. IM2-IMI
      17 words

  • 391 30  -  Nominations open for Singapore Business Awards By Sylvia Wong THE SEARCH is on for 1991's most outstanding business leaders to receive the Singapore Business Awards (SBA) organised by Business Times and DHL International. Nominations are now open for the three categories of the
    391 words
  • 341 30 Reuter HONGKONG Hong Kong Stock Exchange members have failed to approve a package of measures to reform the exchange. The exchange's chairman. Sir Quo-Wei Lee, said yesterday that the package, which included ending dividend payments to members, had failed to win the
    Reuter  -  341 words
  • 319 30  -  By Sangeeta Mulchand KHAMIS HOLDINGS has defaulted on a $1.95 million payment to the Sentosa Development Corporation (SDC), placing its two Sentosa projects worth $95 million in jeopardy. This second guaranteed annual payment was to have reached the corporation by Aug 18, an SDC
    319 words
  • 179 30 Bernama KUALA LUMPUR Australia expects more investments from South-east Asian investors, particularly from Malaysia and Singapore, in its property sector in view of its great potential to pick up soon, a property consultant said yesterday. Mr Michael Collins, director of Rainc Home
    Bernama  -  179 words
  • 704 30  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist LIKE punctured balloons, stock markets are landing slowly but there is no safety net in sight. It is indeed sad to see billions of dollars of market capitalisation wiped out
    704 words
  • 415 30 Bernama KUALA LUMPUR Bank Negara says its recent move to tighten liquidity in the financial system is to ensure sustained economic growth with price stability for Malaysia. A central bank spokesman told Bernama today that Bank Negara's move to raise the statutory reserve
    Bernama  -  415 words
  • 296 30 AP MEXICO CITY The ailing party claimed yesterday it was headed towards sweeping victories in nationwide elections seen as a test of President Carlos Salinas de Gortari's tough economic reforms. Election officials reported heavier than expected turnout in Sunday's vote
    AP  -  296 words
  • Page 30 Advertisements
    • 137 30 _0L Baume Mercier GENEVE 1830 11 PROPERTY External ASIA?RO?'9I An Exhibition of Australian Property Opportunities Investors are cordially invited to our first ever major exhibition of high quality property Investments from aH areas of Australia A wide range of excellent residential, commercial, industrial, tounsm and rural properties have been specially
      137 words
    • 193 30 Baume Mercier GENEVE 1830 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic More more today are to MAX electronic checkwriter for chequewriting M H 8 ,ast error ,ree < sa,e clean and mm eas y- to UBe laiiiiWI*'1 No pre-inked ribbon. No selector level to B
      193 words

  • Shipping Times
    • 485 31  -  By Rahita Elias COURIER express specialist TNT Skypak International Express expects to chalk up even better results for its Singapore operations this year. Mr Rick Foxhoven, TNT Skypak Singapore's general manager, told BT that the company had merged its South-east Asian regional office
      485 words
    • 463 31 BANGKOK Bangkok has been designated as the regional hub in South-east Asia for All Nippon Airways (ANA), which plans to organise a daily flight to the city before 1994, The Nation reported last week. At present, the airline operates three
      463 words
    • 138 31 Reuter JOHANNESBURG The owners and insurers of the Greek-registered cruise liner Oceanos which sank off South Africa's "VVildcoast" said last week they would consider compensating passengers who lost everything. Without accepting legal liability, we are prepared to consider compensating passengers for their lost effects," the
      Reuter  -  138 words
    • 887 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg
      887 words
    • 392 31  -  By Dexter Lee CHEMICAL manufacturers and distributors should take the initiative and make the industry safer and more environment friendly before governments step in with legislation, said Exxon Chemical S'pore chairman Charles Emerson yesterday. Mr Emerson, who was speaking at a conference on
      392 words
    • 265 31 NYT NEW YORK What will the new Pan Am Corp be worth? No one knows for sure, but one view that was publicised last week, that of Delta Air Line's investment bankers at Goldman, Sachs Company, seems to some bankers, analysts
      NYT  -  265 words
    • NEWS SUMMARY
      • 48 31 A SMALLER Pan Am with its focus on the profitable Latin American division will emerge after its sale of routes to Delta Air Lines. But industry analysts and consultants still have doubts about how long the airline can survive Page 2
        48 words
      • 39 31 NORTHWEST Airlines and America West Airlines said on Sunday that they had reached a broad marketing agreement that is intended to encourage passengers on one airline to use the other as well Back Page
        39 words
      • 35 31 BOMBARDIER Inc, the Quebec multinational that has grown by acquiring mass transit and aircraft companies, is contemplating buying or taking stakes in two more Canadian transportation companies Back Page
        35 words
      • 46 31 THE Philippine government will build a US$4OO million (SS6BB million) overhead rail project in the Philippine capital next year partly from concessional loans from the Overseas Economic Cooperation Fund (OECF), the Philippines News Agency said on Sunday Back Page
        46 words
    • LOG BOOK
      • 84 32 LA VALLETTE The Albanian cargo ship Lirija left Malta last Wednesday after arriving here six days before with 270 refugees on board. The would-be immigrants have already been sent back to Albania on specially-chartered Air Malta planes but the ship had to stay longer for
        84 words
      • 103 32 NEW YORK Delta Air Lines Inc is valuing its purchase of Pan Am Corp's European routes and its Northeast shuttle at about US$l.3 billion (552.2 billion), a company spokesman said. The purchase price includes US$62l million in cash and US$669 million in assumed liabilities,
        103 words
      • 79 32 PARIS The Gulf carrier Emirates has signed a contract with Airbus Industrie for one A3OO-600SR, bringing to 700 the total number of firm orders placed for the family of wide-body aircraft, Airbus said. Scheduled for delivery in August 1993, the new plane brings to 11
        79 words
      • 77 32 ZURICH Swissair announced last week it is eliminating another 420 administrative jobs as a further step in its programme to cut its costs by US$l5O million a year. The airline said the 420 jobs, mostly in Switzerland but also in New York, London, Paris,
        77 words
      • 95 32 AMSTERDAM Koninklijke Vliegtuigenfabriek Nederlandse Fokker NV declined comment on a newspaper article that it was considering selling five 100-seat civil Fokker 100 airliners to Libyan Arab Airlines. "We never discuss ongoing sales cases," Fokker spokesman Bart van Veen said. The Dutch daily De Volkskrant said
        95 words
      • 87 32 TAIPEI Taiwan's China Airlines (CAL) said it would resume services to Vietnam this month after a successful test flight to Ho Chi Minh City on Saturday, its first to Vietnam since the fall of Saigon in 1975. A CAL A-300 left Taipei on Saturday
        87 words
    • 1470 32  -  A smaller Pan Am with its focus on the profitable Latin American division will emerge after its sale of routes to Delta Air Lines. But industry analysts and consultants still have doubts about how long the airline can survive, reports Alison Leigh Cowan
      NYT  -  1,470 words
    • 638 32 FIRM rates for ships in the Pacific on Friday boosted freight market sentiment, but charter volume needs to pick up in September to sustain this strength, brokers said. The Baltic Freight Index rose 12 points to 1,530 and the US North Pacific/Japan route rose to US$l4.BO from U5514.39.
      638 words
    • 11959 40 This is a list of ships loading i at Singapore for ports around j the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for
      11,959 words
    • 3324 45 Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corpora boo Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahreakid Liner Service: Kim Shpg A Trdg (S). Alhatroa Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,324 words
    • 257 45 Abacas C oericrs Tet 545-8011. Fax: *****98. Ak Expreas Travel Tel: 533-5771. Fax: *****44. Aktorae Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Akswift Worldwide Coarkr Tel: 278-0188. Fax: *****83. AJSSappUes Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. CHy-Liak lafcraattoaal Tel: 344-3377. Fax: *****50. Clartcr Uak Sapplks A Services
      257 words
    • 1518 45 Abe* Express Freight Tel: 542-7171. Fax: *****84. Actlak Forwarder Tel: 225-1833. Fax: *****42. Acthvb Tel: M2-782?Fax: *****20. AeroUak Freight Imenarioaal Tel: 545-803lFax: *****05. Td:'s42-5911. Fax: *****18. Ak Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraatinaal Tel: 542-7666. Fax: *****74, *****50. Air Market Express Tet 542-5966. Fax:
      1,518 words
    • 418 46 Reuter Amm 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratu Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk
      Reuter  -  418 words
    • 467 46 ARRIVALS Op Flifht Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 NRT CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997 DC8F 0240 i SYD CAL CI333 B747F 0315 1 TPE SIA SQ801
      467 words
    • 693 46 SHIP SALES TANKER RATES Reuter, AFP VESSELS ON OFFER duik carriers Hemlock Queen: 23,991 dwt and built 1980. Sophie C: 27,348 dwt and built 1978, on offer at US$B.5 million. Emerald: 16,511 dwt and built 1968, on offer at US$l.B million basis "as is". Norman Mariner 26,204 dwt and built
      Reuter,; AFP  -  693 words
    • 353 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nik of Vessel ETA ETD Ports of Calb Port Age* MM 20 20 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 23 23 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 24 24 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 27 27 Orient Sun 1000
      353 words
    • SHIPS IN PORT
      • 567 47 Ins* fry No Berth km* Deparhri Vewei toy Ho Berth fcmal Departs Marina T 1 Smfa ***** S02 alongside 25 08/2030 alum (L ftM M05 aloreside 1908/2300 Chenan K 501 20.08/1700 23 08/2300 MKA1 MOA Si 2008/0500 *<*» ***** SO 2 1908/1230 20.08/1300 ETaiS? MffiS M0? 2008/2300
        567 words
      • 205 47 fftHwc Port Berth: 1: Gina; 2: Hong Fan; 3: Kota Benar; 4: Bangkok Navee; 5: Barge Sagittarius; 6: Bunga Kemurong. 01 jetty: Sea Heron, Hai Heng 33. DQ Stolt Boel. Due on Ai* 19: Yukikaze, Ajon, Coral Gas. Hamanasu, Kris Lemona, Barge Josindo Satu. Due on Aug
        205 words
      • 846 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookhf/Babnce Rsta Sty Voy No Etb/Btr Period From To From Aka Bhum 517N 21/0500 1 19/1500 19/1659 19/1900 3 20/0700 20/1159 20/1*00 Al Mir gab 57 21/0700 2 19/1700 20/0659 20/0900 3 20/0700 20/1159 20/1400 Anro Temasek ***** 22/0100
        846 words
    • 418 48 NYT NEW YORK Northwest Airlines and Amcrica West Airlines said on Sunday that they had reached a broad marketing agreement that is intended to encourage passengers on one airline to use the other as well. It will enable passengers to book flights on
      NYT  -  418 words
    • 476 48 Canadian transport firms the targets Reuter MONTREAL Bombardier Inc, the Quebec multinational that has grown by acquiring mass transit and aircraft companies, is contemplating buying or taking stakes in two more Canadian transportation companies. Analysts expect Bombardier to announce an offer any day for
      Reuter  -  476 words
    • 153 48 Reuter MANILA The government will build a US$4OO million (SS6BB million) overhead rail project in the Philippine capital next year partly from concessional loans from the Overseas Economic Cooperation Fund (OECF), the Philippines News Agency said on Sunday. The project is the second
      Reuter  -  153 words
    • 316 48  -  EXPRgJ By Peter Flower The writer is the managing director of DHL Worldwide Express, Singapore IT IS a sad fact, but nonetheless a current reality, that even greater attention to security concerns will increasingly become the order of the day in our industry. In the
      316 words
  • Page 31 Advertisements
    • 22 31 Lines and services represented by /%m&A Members of the Registry of Accredited( Singapore National SWphor advertising enquiries, contact Shipping limes: rel /1Q.20H9//-M-2090.
      22 words
    • 138 31 asm HENG WTM. CO PIE LTD 131 TUAS AVE 14. StNOAPOAE nw TELEX: BS 20»79 SMMC«. TEL: Ml 5859(51nM) TKLCFAX:Mia»M -<To Mmt*) JfHitOMmtcm mh SS.*SI QBE AUitl fbu illll I *BaemctartiM Ifil 7«pfLyWkU i i -4lpo MMMFOd. MALAYSIA ConMrtor fMAILANa, ——4 •DM* IW nnurr«« itCHfcM fIJHH .Contalv«ttan<ta»««rt4 9Mt» 4ar»*gr«mpay 104
      138 words
    • 51 31 Air forwarders 15 A* Fraght Schedule 16 Contamer Schedule 17 Courier Serwces 15 Cruse Ferry SchedUes 16 Daly Frwghts 2 Index to Advertisers 1 Port Condrtnns 16 Shopug Agents 15 Sfoppmg Gude 10.11 Shvsates/Tanker Rates 16 Shps in Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Condrtnns
      51 words

  • Page 32 Advertisements
    • 87 32 FOR SUCCESSFUL MANAGEMENT OF YOUR Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words

  • Page 33 Advertisements
    • 2522 33 M OOCC (S) PTE LTD JARDINE SHIPPING AGENCIES 4*|||» TEL: *****11 FAX. *****09 WIVMr BOOKINGS TEL: *****34 *****68 W TERMINAUCFS TEL: *****18-220 P CwCu H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD E. VA*# J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 bhum
      2,522 words
    • 2170 33 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:
      2,170 words
    • 1605 33 TWO SAILINGS TO USA SINGAPORE/TACOMA 18 DAYS SINGAPORE/LONGBEACH 19 DAYS Vessel Voy ETA ETO "Port "Penang Kelang DESTINATIONS This MM Marchen Mnr* 9106 Feeder by 27/8 0000 mrs u ptnto CFS 2«/8 235# MRS OAK LQB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MARCHEN MAERSK 9108 27/8
      1,605 words

  • Page 34 Advertisements
    • 1018 34 ROTTEDAM/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 04/133 22/8 14/9 10/9 9/9 HANNOVER EXPRESS 04/333 25/8 11/9 13/9 18/9 17/9 HMmIsB KATSURAGI 07/134 29/8 21/9 17 9 16/9 *U WOT»<HIND P. THAMES 07/334 1/9 18/9 20/9 23/9 24/9 mjM«KNA*€ CARGO LA SEINE 20/135 5/9 28/9
      1,018 words
    • 638 34 £BJ CSAV Compann SudAmericana Compama SudAmericana de Vaporea SA Chilean Line Eat 1872 SEASPAC SERVICE DBECT SOUTH PACFIC SERVICE SIN NOU SUV P ISLA FLOREANA 2509EB 2/9 18/9 21/9 2< ALSO ACCEPTMG CARGO VIA SUVA TO: IAUTOKA, PAGO PA60. APIA t NUKUALOAFA DWECT CHM.E/ SOUTH AMERICA* SERVICE ISLA FLOREANA 2509EB
      638 words
    • 1507 34 BI WWkAmaA &MMS Hi REGULAR INDEPENDENT FULL CONTAINER SERVICE FOR EUROPE fSL/VOY SM ALG BCI HAM H! 101 Ml FE LM (VM (MA (MA JUS) NM) ROT) lORASIA PRINCESS 9123-3 20/02 08/09 11/09 13/09 14/09 15/09 IS/W 17/09 11/ M lAPAN-SEA 124* 25/08 15/09 17/09 20/09 21/09 22/09 24/09 22/09
      1,507 words

  • Page 35 Advertisements
    • 1962 35 Steamers Maritime Holdings Ltd STRAITSJSHIPPING j *e» lie >rw/+Ftl[s>weT»l« Sou bit «ot Hk| lie* MAMSK 9110 17/ OS It/Ot 21 /OS 05/09 04/0S W/09 11/09 riicn 5-45 CMOIGAN MY OMO H/« 10/0. »/N M/SS $nun VIIE KK. I*in. T.» ki Part 70 Km ~7====TT 7" TT" BWTANG SEftU Vl2t BM.
      1,962 words
    • 2392 35 p ■aamiaMl TO: U.S.A7PANAMA FM: U.S.A./PANAMA ItiMl WT V OW IM OB fM M» Wi RTC Ml WT WTC WW CM IM O*K Jf MEHCM SMTOI 0113 24/0 10/4 M/t 24/4 J/14 4/14 4/14 D9I TOKOMMA M 177 11/7 17/7 14/7 14/7 «/7 »/7 M/l CMOVAMG NCTORT IFIJ4 Jl/0 IS/*
      2,392 words
    • 352 35 < STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA ORANGE MOON VIS ETA SPORE 23/8/91 ETA OSAKA 5/9/91 LOADING FOB BANGKOK/ YOKOHAMA TRONO V7B ETA STORE 27/8/91 ETA BANGKOK 31/8/91 ETA YOKOHAMA 19/9/91 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DSN CT MO W MM M »/l
      352 words

  • Page 36 Advertisements
    • 610 36 "'"'i CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE BL/WT STOK BMM/MMM ITBUK BttUN «T*» WTM/23N8 C/ 9 J/M 15/1# WM 2/1® MTMAM/3MB 7/11 1/11 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO $übfect lo MuqmrmL Alao aoQcpdflQ ctfQO lo Port SoM, Pod Alexandria. Oanoa, Trtaota. ALSO ACCEPTING
      610 words
    • 979 36 it 3E i£| I HANJIN SHIPPING IS'porf LEH RTM ANR HAM BR* FEL FEEDER «L SrT*"" 16/9 21/9 l HANJIN SPORE 002W 20/8 6/9 7/9 8/9 8/9 9/9 10/9. HMUW WWWBW7I 20/8 WKCT 18/9 21/9 HANJM MASAN 064W 25/8 12/9 13/9 14/9 14/9 15/9 16/9 HANRN OWE 27/8 ORENTAL RNKSHT
      979 words
    • 55 36 REGULAR WEEKLY SERVICE TO; DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS ft OPERATORS OF CARGO VESSEL, TUGS A BARGES SPECIALISE IN HEAVY-LIFT. PROJECT CAROOES TO ALL INDONESIA MALAYSIA. THAILAND. PHILIPINE PORTS OFFER CHARTERINO OP OUR CARGO VESSBL.TUOS ft BARGES. TEL: *****26 FAX: *****63 INDONESIA:
      55 words
    • 1179 36 f J T I tzfl M 1 VP ma BHHfI HH MioanrKnouiosMiKuiMniiiriKntciift W ..8 i GLORY RI-05C 20/1 21/1 H/t VII 29/t l/» 2/» 4/1 S/» 1/1 U/» 1/11 1/U 5/1114/10 15/11 11/11 17/11 U/W 9/11 l/Il U/U IV}} IGUMTTK4M- 30/1 1/9 5/0 7/0 10/0 11/0 13/0 14/0 15/0 10/0
      1,179 words

  • Page 37 Advertisements
    • 1983 37 4 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 ICR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MP|I mm AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 Womßm FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 mjmm neplinesonbhdMalaysia K.L.-(03) *****33, P. Kelang-(03)
      1,983 words
    • 661 37 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 ltAI T ,Ink A A EASTBOUND—MSCHNtGMG FULL CONTAINERSHIP SERVICES NESTBOIXO—LOADMG 'ill'-.
      661 words

  • Page 38 Advertisements
    • 1551 38 (CR No: **********0 M) W VP AS AGENTS: KAWABAKI SINGAPORE (PTE) LTD I W li TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I I J MZJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana
      1,551 words
    • 1061 38 PHILI-ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tai: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU (W MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION T(j 27 AUG MONTREAL, OTTAWA, TORONTO, 23 AUG DUBAI, DAMMAN, SHARJAH,
      1,061 words

  • Page 39 Advertisements
    • 1533 39 PACIFIC INTERNATIONAL LINES (PTE) LTD SBSB»| E mKB PIL Building, 140 Cecil Street #0300, Singapore 0106. I [BANGKOK 3 VESSEL VOY SIN JKT SIN VESSEL VOY BIN BKK SIN .My n .T«.ri, !f, 8 KOTA BINTANQ #128 21/8 J4/8 2t/9 BUNQA TERATAI 343 2S/8 27/8 1/9 ETTJE 9103 24/8 28/8
      1,533 words
    • 1149 39 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint «Fax: *****63 I Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT 1 VESSEL VOV NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Selandia* 208 20/8 5/9 6/9 8/9 9/9 Benaktef+•
      1,149 words
    • 418 39 iggb MYANMA \pßßk FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) Sport P.KIf Pan PSdf »A -AN VIKW In Pt M MMAVHA VI36W 21/23 Aof 24/26 Au| 27/2# Au| IV* VIIOW 20/25 Au( 'ATHEM VII3IN IS/21 Au| M/ll N •AGAN VI74M 26/28 Auf tallHl BANK UNI (A
      418 words



  • Page 42 Advertisements
    • 675 42 TO AUSTRALIA/NEW ZEALAND f ""< Syd Audi NTt f CHAIM CllfW mote 27» 2t/t 2/J l/S 12/9 17/9 19/9 ZO/J wtasfL 277 I#/ m/» 1*75 i/io 3/10 ~iTTo c ptxuMi m n/9 2/10 7/10 12/10 11/10 ioTio AMTWCWf* 279 16/10 23/10 20/10 1/11 (/ll |/U »/ll 1 L__l J TO
      675 words
    • 749 42 ligggglgg^H I EXPORTS TO HONGKONG, TAIWAN I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOWD VOY PKL PEN MT sin MH HKG KAO Kg TYO W NCO 1108 VESSa VOY |SM |PKL PEN BLW SM I T MtIOOT m 17t >M>> 201 23.1 .29 1 3 9 49 i! ICE
      749 words
    • 198 42 PELAVAfeA?ft i wSt KALIMANTAN i f DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK VMJeI ETA/ETD DESTINATION I NIAGA XXI Voy 18/91 19/20 Au| lakarta/Palembanf l NIAGA XXN Voy 19/91 22/23 Au Jakarta/Palembani I j NIAGA 42 Voy 14/91 26/27 Auf Jakarta/Palembanf 1 I N, *GA Voy 19/91 29/30 Au| Jakarta/Palembanj
      198 words
    • 1498 42 I§P CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE I r^lNT S rHi*n cuipdimp cnu duo SW6APORE S GENERAL AGENTS •OONESIA'S MENU I ir?Z S/.7 COSTAR SHIPPING PTE LTD PJ. GLOBAL PUTRA I f klang tel MMiM/t tSTma jKj TEI: *****00/*****33 INDONESIA MARITIME I PENANG TEL (***** Til MA
      1,498 words

  • Page 43 Advertisements
    • 516 43 GUARANTEED CONSOL TO:- KEELUNG/KAOHSIUNG 25.8.91 HONG KONG 25.8.91 BUSAN 25.8.91 BANGKOK 25.8.91 EUROPE 25.8.91 TOKYO/KOBE/YOKOHAMA 25.8.91 USA 25.8.91 AUCKLAND 23.8.91 FREMANTLE 24.8.91 SYDNEY/MELBOURNE 23.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAJNB TAN, KATHLYN TAV, SOPHIA BAY OH KAREN SIM FAST NRECT REGULAR
      516 words
    • 479 43 (S3 RICHFIELD MARINE AGENCIES (S) PTE LTD St TEL: *****33 (12 UnM) rrm FAX: *****15/*****03 fH TELEX: RS ***** RIBHIP (3 Linos) Ethiopian mrrm uses r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE AND!NET 24W8 31/ OS OARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA ABYOT
      479 words
    • 878 43 SEAWARD SHIPPING AND TRADIN6 CO (S) PTE LTD ETA ETA ni Wm POT KOAM HMNS KUI MIX mi Loo** lor Male ■MAI MUONU 30/1 Load** lor Calcutta DOLfMM 27/1 load** Fof Male NXaWUi Sa*d load** For Male OONAKUUt Id fort loaded For Fdwaru PROGRESS UMRTT 23/1 Saded Loadmi tor Makhm
      878 words
    • 464 43 JAKARTA BANGKOK m wt sm »t «k w» mmmm w«« DMA t «2 21/1 24/1 OEM MM# 23H Tw >i PI M Wt ™MA RHUM MM 24/1 27/0 NANTA MUM Mi n» 13JI ~"fai~ Wt P"* CHMTA UN#' m Sw 25/1 Wei ~~WI T ■MB —I IMS 31/1 3/1 MAHA
      464 words
    • 344 43 Tietfi-urs V«L VOY SMGAPOME MADRAS SMQAPOAS VESSEL VOY SM MM «N TIGER STM WON 22-23/08 20-31/08 0047/00 TIGER MY 17IN 20-27/00 02-04/00 10-11/00 EAGLE CAPE 017 30-31/00 00-00/00 14-14/00 i YSL VOY WOGAPQHE/CAIjCUTTA/IWQAPOHI VESSEL VOY SM CM. SM EAGLE BREEZE 070 10-10/00 25-20/00 04-05/00 LHOTSE 407 24-25/00 30-04/00 10-11/00 J
      344 words

  • Page 44 Advertisements
    • 1426 44 I MAC-NELS STORE IMPORT:'22I6OO2 I PENANG: (04) *****6 J. BAHRU: (07) *****2 Kit (088) *****0 MEDAN: (061) *****2 I J P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 COtOMBO/S. AFRICA I I PEN PK SIN PEN PK SIN 9A/» 9</ 0 I#4 /CI /D#4 /A ft COk)mb<>
      1,426 words
    • 312 44 I tfTfc BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI "TOITND FROM NEW ZEALAND PORTS SIN NPL ML LYT SIN MAHSURI 0502 27/1 JJI JO/9 27/» PKOSPtCT 14S t/9 20/9 ¥IA NM. 22/9 MA NOAM* 0504 21/9 3/10 WA NPI 5/10 22/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT
      312 words
    • 1211 44 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 1 CONTAINER SERVkSBS SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA yKstL J5! CT* jPEST VESSEL VOT SPORE f. I£UMIC~
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  • Page 46 Advertisements
    • 8 46 Read 1 I Chartpoint in BT every Saturday
      8 words
    • 138 46 UP. LIVING IT -x c« EACH WEEKEND, put up your cxccutivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      138 words

  • Page 47 Advertisements
  • Page 47 Miscellaneous
    • 301 47 TIDES AND WEATHER TODAY'S TIDES (hejgftt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 ********************1400 1500 1600 *****100 1900 2000 2100 2200 23» JR 1 1 10 09 1.0 1.1 1.2 1.3 14 1.5 16 1.6 1.5 1.5 1.5 1.5 1.6 1.8 20 11 2.3 2.3
      301 words

  • Page 48 Advertisements
    • 820 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER WT M> WU SK UK HMJL HOT W OH M IM HAUL WT TCM/gA PTI MM CHUN 129 19/01 20/01 22/01 H. MNOVATOR Mf 11/09 21/09 24/01 GOLDEN GATE BROS
      820 words
    • 164 48 PASn GUDANG/SJNGAPORE TWICE 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 RASJR GUDANG SINGAPORE (07) *****0/*****1 (02)534-0042 B V i i M m W M VMM M r» l
      164 words
    • 553 48 CHARTPOINT Every Saturday in Business Times IMPORTS from UK these Weekly sailing from LONDON with connections from all UK inland points SIN LON Phone: *****11 *****00 Fax: *****59 *****01 JKT MNL PEN PKL JOH BSB BKK Phone: *****66 *****76 *****8 *****98 *****2 *****3 *****29 Fax: *****14 *****79 *****8 *****88 *****6
      553 words