The Business Times, 2 September 1991
1991-09-02
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The Business Times
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Title Section10 1991-09-02 1 Business Times MCI (P) 16/12/90 Monday, September 2, 1991 75*10 words
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NEWS SUMMARY
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58 1991-09-02 1 WARSAW Polish MPs on Saturday rejected by a comfortable majority the resignation of Prime Minister Jan Krzysztof Bielecki and his go- ernment. Mr Bielecki offered his resignation on Friday in the face of growing criticism of his economic austerity policies in the run-up to58 words
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69 1991-09-02 1 SEOUL South Korea yesterday embarked on another austerity campaign to reverse slipping moral values and a trade deficit, although officials stressed the drive would not be aimed at imports. A similar campaign last year got the government into hot water with its trading partners, the69 words
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Article31 1991-09-02 1 SKYGATE Imex Pte Ltd has become the first Singapore company operating in Vietnam to be rapped by the authorities there for opening a representative office without authorisation Back Page31 words
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Article36 1991-09-02 1 THE IDEA of industrial zoning, under which specific sites are identified and allocated to particular industries or those coming from one country, has further enhanced Malaysia's attractiveness as an investment centre Page 736 words
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Article45 1991-09-02 1 SIGNS multiplied last Friday that the US economy is staging a summer manufacturing recovery paced by exports, but economists warned its strength could be exaggerated by the statistics and the extent of growth probably will not be clear until autumn Page 945 words
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Article26 1991-09-02 1 TAIWAN has called on Gulf businessmen to take advantage of its latest six-year development plan and to invest in the country Page 926 words
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Article16 1991-09-02 1 AUSTRALIA is showing its hand in facing up to changed global imperatives. Page 1016 words
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Article33 1991-09-02 1 THE International Container Terminal Services, Inc (ICTSI), partly owned by USbased transport giant SeaLand, plans to go public this year to help finance its threeyear expansion programme Shipping Times Page 133 words
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MARKETS SUMMARY
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Article32 1991-09-02 1 SBS's pre-tax profits from its bus operations recovered at half-time this year but the company expects its secondhalf performance to be less favourable due to rising manpower costs Page 332 words
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Article32 1991-09-02 1 TAIWAN plans to sell shares of state-run China Steel Corp in New York or London next year in the first foreign share issue by a Taiwanese company Page 432 words
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Article22 1991-09-02 1 THE PARENT of animator Hanna-Barbera Productions is negotiating to sell the company to Turner Broadcasting System Inc Page 522 words
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Article25 1991-09-02 1 CONTINENTAL, the German tyre manufacturer, is to close its Canadian plant because of heavy losses in North America Page 525 words
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Article24 1991-09-02 1 JAPAN'S Finance Minister has drawn up a five-point plan to help restore confidence in the country's scandal-ridden financial markets. Page 624 words
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Article34 1991-09-02 1 CONTINENTAL Bank Coip, saying it would rather cut its own costs than have an acquirer do the cutting, is leaving the US government securities business and consolidating its operations abroad. Page 634 words
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Article22 1991-09-02 1 Exchange rates US$ SS 1.7190 100 Yen SS 1.2552 MS SS 0.6172 Money market rates Overnight 5-5/16% -1/16 3-month 5-3/16% unch22 words
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Article32 1991-09-02 1 Rubber S'pore Sep.... l38.75'/kg -0.25 Vrsia Sep 226.50*/kg unch KL Tin Turnover 60 tonnes +17 Spot MS 15.13 /kg -0.02 Crude palm oM Turnover 1.267 lots -426 Sep MS 793/tonne +832 words
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Article, Illustration27 1991-09-02 1 Friday Change BT-MGA 690.82 +11.17 Kuala Lumpur ...553.46 +7.66 Tokyo 22.335.87 +333.70 Hongkong 3,998.26 +38.03 Sydney 1,540.9 6.9 New York 3,043.60 -6.04 London 2,645.7 +7.527 words
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867 1991-09-02 1 General Election '91 BT COMMENT The results of the General Election held last Saturday indicate clearly that the main issue on the minds of most voters, particularly the younger group, was the perceived need for an effective opposition in Parliament. The PAP's call867 words
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540 1991-09-02 1 Some interpret result as endorsing PM's open style SINGAPORE The business community yesterday said the PAP's loss of four seats in Saturday's general election will be of little concern to foreign investors and the financial markets. Members of the community BT spoke to540 words
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Article, Illustration487 1991-09-02 1 SINGAPORE Election 1991 has marked the political maturing of Singaporean society, not a personal disaster for Mr Goh Chok Tong, according to a BT panel of analysts. It would therefore be a mistake for the Prime Minister to "take it too personally"487 words
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Article, Illustration468 1991-09-02 1 SINGAPORE The People's Action Party will have to close ranks now that there is a genuine opposition in Parliament, said Prime Minister Goh Chok Tong early yesterday morning at a postelection press conference. PAP backbenchers will no longer be criticising the government openly,468 words
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Page 1 Advertisements
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Advertisement105 1991-09-02 1 EXECUTIVE PLACEMENTS g *****62 Aircraft Schedule 25 USE 21 World News 8.9 The Arts 17 Market Reviews 20 For market indees, editorial, Commodities 24 Money Changer Rates 25 advertising and circulation exCompany News 3.4.5 Money Market 23 tensions, cal Business Times Cryptic Crossword 25 Regional News 7 Information Service on105 words
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Advertisement96 1991-09-02 1 Typewriters Fax Machines Laser Printers Electronic Lettering systems can 743 8000 for further details Rediscover your love of flying. Once upon a tome you approached flying with a keen perhaps become simpty a means to an end Rediscover the sense of exatement Then you grew up Now you have things96 words
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GENERAL ELECTION '91
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Article, Illustration811 1991-09-02 2 Anna Teo - Anna Teo analyses the numbers of Saturday's General Election Anna Teo DISAPPOINTED by the results of the General Election, Prime Minister Goh Chok Tong said he could have accepted the loss of three seats if the People's Action Party had returned a higher share of811 words
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322 1991-09-02 2 WITH four elected representatives in Parliament, the Opposition will have to take on a larger role in the political life of the country, said Singapore Democratic Party (SDP) leader Chiam See Tong yesterday. Speaking to reporters at Raffles Institution after polling results322 words
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302 1991-09-02 2 WORKERS' Party secretarygeneral JB Jeyaretnam said yesterday he was very pleased with the election results in which his party's candidate, Low Thia Khiang, won the Hougang seat. "There is no question about it. We are very happy not only with our victory in Hougang, but302 words
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573 1991-09-02 2 PRIME MINISTER Goh Chok Tong will go ahead with his promise of by-elec-tions in 12 to 18 months, even though there is the possibility that the People's Action Party will lose more seats. At the post-election press573 words
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Article, Illustration189 1991-09-02 2 Yang Razali Kassim, Shoeb Kagda, Genevieve Cua, Magdalene Ng - Reports by Yang Razali Kassim, Shoeb Kagda, Genevieve Cua, Magdalene Ng Bukit Gombak Ling How Doong (SDP) IT WAS third lucky for chairman Doong Parliament. He squeezed through with S1.4 per cent of Hp the valid votes. Mr Ling, 56, lost by a slim margin189 words
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Page 2 Advertisements
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Advertisement233 1991-09-02 2 DRIVE YOUR WAY TO Tour Classic Jakarta 18 22 Sep 1991 V. I.•_ J. c- i- V. -i. Aj; s f- I MM Ihul ■fit! M Indah Golf Country Club I Jagorawi Golf Country Club ENJOY YOUR HOLIDAY WITH AN EXCITING GOLF TOURNAMENT IN THREE OF INDONESIA'S FINEST COURSES! Yes,233 words
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COMPANY NEWS 1
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Article493 1991-09-02 3 Selva Kumar - Profits from bus operations recover at half-time By Selva Kumar SINGAPORE Singapore Bus Service's pre-tax profits from its bus operations have recovered at half-time this year but the company expects the second-half performance to be less favourable due to rising manpower costs. Pre-tax profits493 words
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Article, Illustration120 1991-09-02 3 SINGAPORE Orchard Hotel's extension will be ready by the end of next year. The $140-million extension will house an outdoor swimming pool, a 9,290-sq m shopping arcade and five levels of basement parking lots. Its pride however is a 1,234-sq m columnless ballroom that can cater for120 words
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605 1991-09-02 3 MARKET TALK Reuter BOMBAY Two months after deep-ly-indebted India teetered on the brink of default, its stock markets are on an unprecedented bull run buoyed by radical reforms to the socialist economy, stock analysts said on Thursday. "There was never anyReuter - 605 words
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376 1991-09-02 3 MBT KUALA LUMPUR Chemical Co of Malaysia (CCM), a 50.1 per centowned unit of Imperial Chemical Industries pic of UK, has become more streamlined, and very cus-tomer-oriented. CCM is stressing on market focus incorporating total quality management which is to get everyone involved to beMBT - 376 words
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323 1991-09-02 3 Bernama KUALA LUMPUR Sriwani Holdings Bhd, the dutyfree shopping operator, plans to promote more locallymade items in its outlets, managing director Jack Wong said here last week. "We would especially promote such products in overseas outlets," he said in anBernama - 323 words
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COMPANY BRIEFS
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88 1991-09-02 3 KUALA LUMPUR Kemayan Oil Palm Bhd said the Quantum of extraordinary loss arising from its proposed disposal of plantation and jungle lands in Sandakan, Sabah is approximately M 535.77 million (5522.07 million) or MS(X2I per share. It said the sale consideration was88 words
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Article98 1991-09-02 3 KUALA LUMPUR Kimara Securities Bhd turned in a ?o 9 rP e ent increase in Pre-tax profit to M 57.294 million (554.502 million) for the year ended March 31, 1991 from M 55.232 million in the previous corresponding period. The company said its turnover rose98 words
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Article54 1991-09-02 3 KUALA LUMPUR Hong Leong Company (Malaysia) has acquired 6.41 million shares in Hume Industries via a share swap of shares held in Nanyang Press (Malaya) for shares in Hume Industries (Malaysia). It has also acquired 101,000 shares in Malaysian Pacific Industries, increasing its shareholding54 words
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Article51 1991-09-02 3 KUALA LUMPUR Renong has disposed four million shares in Hume Industries (Malaysia), reducing its share* holding to 51 million shares. The said shares were held through Fleet Group's wholly-owned subsidiary Jaguh Mutiara and were transferred to Ikrai Holdings pursuant to Renong's wholly-owned subsidiary, Fleet Group's, restructuring51 words
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Article36 1991-09-02 3 KUALA LUMPUR Mega First, through its deemed interest by virtue of Section 6A in Mamut Copper Mining, has acquired 36,000 shares in Palmco Holdings, increasing its shareholding to 36.45 million shares.36 words
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Article41 1991-09-02 3 KUALA LUMPUR Lion Development (Penang) has acquired 9.9 million shares in Supreme Corp, increasing its shareholding to 73,398 million shares. It has also acquired 108,000 shares in Amalgamated Steel Mills, increasing its shareholding to 120.56 million shares.41 words
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Article40 1991-09-02 3 KUALA LUMPUR Lembaga Urusan dan Tabung Hajihas acquired 60,000 shares in Ancom, increasing its shareholding to 2.11 million shares. It has also acquired 5.019 million shares in Southern Acids (M) which were allotted to bumiputra investors.40 words
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322 1991-09-02 4 Pancontinental hit by massive write-downs AFP SYDNEY Australian mining company Pancontinental Mining Ltd capped a disastrous year with the announcement on Friday of a AS 106.3 million (S$ 143.5 million) net loss for the 12 months to June 30. The results, hit by AslosAFP - 322 words
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509 1991-09-02 4 Asahi TOKYO After doubledigit growth in Japan the past five years, manufacturers fear a decline in sales of compact video-cameras. Japanese companies are throwing a variety of new models into the market, some boasting low weight and others telephoto capability, in hopes that theyAsahi - 509 words
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Article177 1991-09-02 4 BANGKOK Refinery operator Bangchak Petroleum Co plans to increase its capital by 4 billion baht (552.7 million) but has yet to inform the Petroleum Authority of Thailand of its plan, The Nation reported recently. PTT, which holds a 30 per cent stake in Bangchak, said177 words
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260 1991-09-02 4 Reuter TAIPEI Taiwan plans to sell shares of state-run China Steel Corp in New York or London next year in the first foreign share issue by a Taiwanese company, officials said. The government will sell 1.05 billion China Steel shares worthReuter - 260 words
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COMPANY BRIEFS
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87 1991-09-02 4 TOKYO Reflecting the collapse of the stock and bond markets last year, reported corporate income in Japan during the fiscal year that ended last March fell by 3.3 per cent over the previous fiscal year, according to a report by the National Tax Administration Agency87 words
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Article68 1991-09-02 4 LONDON The UK Secretary of State for Trade and Industry said he would not refer to the Monopolies and Mergers Commission British Aerospace pic's proposed acquisition of 30 per cent of Hutchison Telecommunications (UK) Ltd shares. Hutchison Telecom UK is a unit of Hongkong's Hutchison Whampoa Ltd.68 words
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Article58 1991-09-02 4 PERTH Australian Consolidated Minerals Ltd has said a joint takeover offer from Western Mining Corp Ltd and Normandy Poseidon Ltd undervalues ACM by 40 to 84 per cent and shareholders should reject it. WMC and NPL are offering 90 Australian cents (551.22) a share for ACM,58 words
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Article68 1991-09-02 4 SEOUL South Korea's Goldstar Information and Communications Ltd has signed a US$3 million (555.2 million) contract with the Soviet Union's state-run NPO Volna to set up a joint venture company in Moscow to produce and sell communication equipment. A Goldstar spokesman said last Friday that the68 words
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Article, Illustration454 1991-09-02 5 Analysts estimate animation house to be worth USs2oom UPI LOS ANGELES The parent of Hanna-Barbera Productions, creators of animated characters Fred Flintstone, the Jetsons and Scooby Doo, said on Friday it is negotiating to sell the company to Turner Broadcasting System Inc. The announcementUPI - 454 words
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470 1991-09-02 5 FT LONDON The Serious Fraud Office's investigation into Brent Walker was in part prompted by allegations of forgery in connection with a key letter which was written as part of arrangements to prevent the troubled leisure group from collapsing at the end of lastFT - 470 words
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322 1991-09-02 5 FT HANOVER, Germany Continental, the German tyre manufacturer, is to close its Canadian plant because of heavy losses in North America. The group, which is holding co-operation talks with Pirelli after rejecting the Italian company's merger proposal, also announced a steep drop in itsFT - 322 words
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COMPANY BRIEFS
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71 1991-09-02 5 SANTA CLARA, California National Semiconductor Corp announced on Friday it was laying off 200 jobs in its computer and communications division. In January it would also shut down one of its plants in this city in the high-tech Silicon Valley, leaving another 10071 words
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Article82 1991-09-02 5 SUNNYVALE, California Siemens AG, the German electrical engineering and electronics company, on Friday sold its 9.9 per cent stake in Advanced Micro Devices Inc, as planned earlier this summer. Siemens purchased the 8.2 million shares in 1977 when the companies were working on a82 words
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Article60 1991-09-02 5 NEW YORK Viacom Inc on Friday assumed full ownership of MTV Europe, completing its purchase of Robert Maxwell Group pic's 50.1 per cent stake in the overseas music video channel. Robert Maxwell's cash-strapped publishing company gets US$65 million (SSI 11.8 million) in Viacom stock in exchange60 words
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Article61 1991-09-02 5 BOCHUM, Germany Krupp Stahl AG, the steel unit of Fried Krupp GmbH, said its group pre-tax profit in the first half of 1991 fell to Dm 44 million (5543.4 million) from Dm 141 million in the same period last year. In its interim report, it61 words
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429 1991-09-02 5 IHT PARIS When giants do battle, blood is invariably spilled. But the stalking of the British chemicals giant ICI, valued at £9 billion (5526.1 billion), by the An-glo-American industrials conglomerate Hanson has already benefited the priceconscious shareholder. Hanson, renowned for its appetite forIHT - 429 words
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Page 3 Advertisements
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Advertisement94 1991-09-02 3 Catch the excitement of watersports at Boat&AfluasportslH The Biggest and Most Spectacular jy\ Watersports Show of its kind in b Hooked for Four Day* Featuring boats of every size and for every purpose. Over eighty boats on L ill display from over a hundred exhibitors. Plus loads of boating accessories,94 words
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Page 4 Advertisements
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Advertisement414 1991-09-02 4 I I H l -I I I I IH I II I mum l I\ m m m M I 1 f I 1 fjilfe¥tiLfe ;ij"- >"■: I I >H# 11 I 'r Ml JW V J vv >»■ 4 I IBHPPKW? ..*&w -^^RffiHHBRMF ifp® w i H1 -«t sShm§£414 words
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Page 5 Advertisements
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Advertisement204 1991-09-02 5 Tjff Mn Jannic Tay, Managing Director, The HourGlanGroup j HOUR Success... Calls For The Best Resources "We have diverse business interests in wholesaling and retailing of watches, in jewellery, a restaurant chain and in properties. So you can imagine the challenge that comes with managing our finances. This is where204 words
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FINANCIAL NEWS
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Article, Illustration382 1991-09-02 6 Reuter TOKYO Finance Minister Ryutaro Hashimoto announced on Saturday that he has drawn up a five-point plan to help restore confidence in the country's scan-dal-ridden financial markets. Mr Hashimoto told Parliament that the scandals in which brokerage firms compensated favoured clients for investmentReuter - 382 words
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Article316 1991-09-02 6 Mumb#r Indicttlv# Gross Maturity Amount oldtyoof f d T£ too ij&, m nzr sss #z 1.9.91 N*****1F1969 4 5/8# 700.00 1/9 1/3 183 100.00# 4.63# 152.92 N*****0E 1990 41/2# 650.00 15/2 15/8 16 100.05# C38# 15.5.92 N*****0H 1987 53/8# 500.00 15/5 15/11 108 100.50# C84# 1.9.92 N*****1T1987 5 300.00 1/3316 words
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Article367 1991-09-02 6 NYT CHICAGO Continental Bank Corp, saying it would rather cut its own costs than have an acquirer do the cutting, announced on Friday that it was leaving the government securities business and was consolidating its operations abroad. As a result of these'and other actions, the bankNYT - 367 words
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Article317 1991-09-02 6 Bernama KUALA LUMPUR The strong economic growth of South-east Asian countries has made the region "a very important place" for Nikko Securities Investment Trust (NIT) and Management Co of Japan to invest in, its senior managing director, Mr Nobuyoshi Ishii, said last Friday. The economicBernama - 317 words
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SMALL CHANGE
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Article39 1991-09-02 6 TOKYO Four Japanese investors are suing Merrill Lynch Japan Inc for 330 million yen (554.15 million) they invested through a former employee at the company's Osaka branch, a lawyer for the four said last Friday.39 words
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Article43 1991-09-02 6 LONDON Creditors of British Commonwealth Merchant Bank pic (BCMB), a subsidiary of British Commonwealth Holdings pic which went into administration last year, will get initial payment of some £150 million (***** million) under an agreed voluntary arrangement.43 words
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Article58 1991-09-02 6 TOKYO Japanese Asahi Mutual Life Insurance Co has decided not to invest in US Equitable Life Assurance Society when the US firm becomes a publicly held company, an Asahi spokesman said last Friday. It was not clear to Asahi how Equitable planned to manage the58 words
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Article42 1991-09-02 6 DRESDEN, Germany Dresdner Bank AG said a fund it set up in April to invest in east German firms had so far bought one stake in a German do-it-yourself joint venture. The fund was negotiating 60 investment projects.42 words
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289 1991-09-02 6 Reuter NEW YORK An accounting rule change on mortgage securities has increased the amount of equity capital Citicorp needs to raise and could spur the banking giant to act faster on the issue, analysts said. Citicorp, the US's largestReuter - 289 words
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Page 6 Advertisements
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Advertisement879 1991-09-02 6 A SINGAPORE INSTITUTE OF MANAGEMENT I MANAGEMENT DEVELOPMENT PROGRAMMES SEPTEMBER NOVEMBER 1991 I f I f SALES MARKETMQ I 1. Strategic Management 47 Marketing Warfare in Workshop Sep 23-26 the 1990s Sep 16 I 2 The New Looic of 48. How to Gsin Sustsin I Successful Management Oct 15 &16879 words
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Advertisement94 1991-09-02 6 N TNs announcement appears as a matter of record only QAF LIMITED (Incorporated in the Republic of Singapore) U5515,000,000 Multi-currency Revolving Credit Fecility 5512,000,000 Revolving Credit Facility N Lending Banks Westpac Singapore Arranged By Credit du Nord. Limited Credit du Nord, Singapore Branch Security Pacific Singapore Branch Malayan National Bank,94 words
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THE REGION
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517 1991-09-02 7 Sites parcelled according to industries, country of origin NST KUALA LUMPUR The idea of industrial zoning under which specific sites are parcelled according to particular industries or country of origin has helped to enhance the attraction of Malaysia as an investment centre. SuchNST - 517 words
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344 1991-09-02 7 AFP COLOMBO Sri Lanka's ruling party said yesterday it had regained the lost majority in parliament to defeat an unprecedented motion impeaching President Ranasinghe Premadasa as dissidents expressed fears of violence. United National Party (UNP) loyalists told the staterun Sunday Observer that the party hadAFP - 344 words
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Article, Illustration429 1991-09-02 7 Reuter SYDNEY Like sharks sensing a tired swimmer, Labor Party insiders are circling Australian Prime Minister Bob Hawke, building up for what observers believe is an imminent challenge for the country's top job by younger rival Paul Keating. Mr Hawke's former treasurer, Mr KeatingReuter - 429 words
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NOTE BOOK
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118 1991-09-02 7 JAKARTA An agreement by Cable News Network arwf ESPN to use Indonesia's communications satellite to reacts Asian markets does not allow them to broadcast in that country, a news report said on Saturday. The daily Media Indonesia quoted the director-general of radio, televisionantf film,118 words
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112 1991-09-02 7 JAKARTA Eight factories have agreed to pay a total 410 million rupiah (*****,000) to compensate victims aiyi undo damage caused by polluting a river in central Java, theC Jakarta Post said on Saturday. The daily said the factoriar had agreed to pay 225 million rupiah112 words
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Article157 1991-09-02 7 CEBU The Japanese Ambassador to the Philippines T®-" shio Goto expressed concern over the presence of Yakuagangsters in this central city even as immigration agents said! here on Saturday that an alleged Yakuza member wanted ur Japan had been arrested. "I want to see on the157 words
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Article104 1991-09-02 7 BANGKOK Japan is likely to reject the request of Asean that it extend the generalised system of preference (GSP) to; include more of their agricultural products, a press report said* here on Saturday. In an interview with The Nation newsp»-I per, the deputy director of104 words
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Page 7 Advertisements
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Advertisement158 1991-09-02 7 WHO FLIES TO AND FROM 12 EUROPEAN CITIES 52 TIMES A WEEK? IMfll THAI. YOU CAN DEPEND ON US. Every week, regular as clockwork, Thai takes off from Changi standards in air travel. From the scrupulous attenion to detail of So if you re flying to Europe, check out Thai.158 words
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THE WORLD 1
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Article, Illustration1105 1991-09-02 8 Crisis in the Soviet Union NYT MOSCOW Even before the colossal events of recent days the Soviet coup, the collapse of Communist rule, the splintering away of the republics everything seemed to be going wrong for Dresser Industries' plans to rebuildNYT - 1,105 words
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494 1991-09-02 8 Reuter MOSCOW The Soviet parliament's future is in doubt after a debate on the failed coup highlighted its inability to shape the country's political future. The conservative-domi-nated Supreme Soviet, the standing parliament, has been shaken by criticism of its inaction during the hardlineReuter - 494 words
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Article, Illustration562 1991-09-02 8 Reuter WASHINGTON While Western nations discuss proposals for massive food aid to see the Soviet Union through the winter, some US analysts say outright that aid is not needed and could damage the struggling Soviet agricultural sector. Instead, they recommend helping the Soviet UnionReuter - 562 words
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Article533 1991-09-02 8 The big question is what will happen to the UN seat held by the Soviet Union itself? Reuter UNITED NATIONS The break-up of the Soviet Union could raise a host of questions about its UN membership that are unlikely to be answered until the situation stabilisesReuter - 533 words
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654 1991-09-02 9 No clear indication of strength and extent Agencies NEW YORK Signs multiplied last Friday that the US economy is staging a summer manufacturing recovery paced by exports, but economists wam that its strength could be exaggerated by the statistics and the extentAgencies - 654 words
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Article, Illustration39 1991-09-02 9 WASHINGTON DC US labour leaders leading unionists on a march through the capital last Saturday. The event, dubbed Solidarity Day, came ahead of the US Labor Day holiday and featured protests against government policies.39 words
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Article508 1991-09-02 9 Recovery started in second quarter, says government Reuter OTTAWA Canada's economy rebounded from recession in the second quarter, growing at an annual rate of 4.9 per cent and bringing an end to one of the worst downturns since World War 11. Gross domestic product the totalReuter - 508 words
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Article, Illustration399 1991-09-02 9 AP RIO DE JANEIRO A spurt in inflation and rumours of a Cabinet shakeup in Brazil sent gold and dollar prices soaring last week, and the government has threatened to tighten a recession to keep inflation in check. Prices last month rose 15 perAP - 399 words
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379 1991-09-02 9 AFP DUBAI Taiwan has called on Gulf businessmen to take advantage of its latest sixyear development plan and invest in the country. The plan was launched on July 1 and its cost was projected at around US$3OO billion (Sssl6 billion), said Agustin Liu, presidentAFP - 379 words
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343 1991-09-02 9 AP AHMADI, Kuwait The biggest refinery in Kuwait, destroyed during the Iraqi occupation, resumed operations last Saturday, enabling the emirate to halt imports of almost all refined petroleum products. Speaking at an official reopening ceremony, Kuwait's Oil Minister, Hamoud alRquba, said resuming operations atAP - 343 words
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WORLD WATCH
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101 1991-09-02 9 SEOUL South Korea's inflation rate soared last month to its highest level in 10 years. The country's consumer price index rose 1.3 per cent in August, bringing inflation in the first eight months of this year to 8.3 per cent, the Economic Planning Board101 words
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Article92 1991-09-02 9 NEW DELHI The International Monetary Fund (IMF) is likely to approve a total of US$2.B2 billion (554.85 billion) in new loans to India in the next two months. The Times of India reported last Saturday that IMF managing director Michael Camdessus praised India's commitment92 words
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Article88 1991-09-02 9 TOKYO Budget requests from Japanese ministries and government agencies for fiscal 1992 totalled 76.178 trillion yen (SS96O billion), up 8.3 per cent from the fiscal 1991 budget, officials said last Saturday. The Japanese Finance Ministry, which is to compile the government's budget for the new88 words
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Article64 1991-09-02 9 KUWAIT Kuwait, fearful of renewed aggression from its giant neighbour Iraq, is about to sign an agreement guaranteeing US protection. The emirate's Defence Minister, Sheikh Ali Sabah Al-Salem al-Sabah, was quoted last Saturday as saying that he would visit Washington soon to sign a pact64 words
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Article58 1991-09-02 9 ISLAMABAD Pakistan and China began talks last Saturday on promoting bilateral cooperation in the manufacture of light industrial goods. Officials said the talks being attended by visiting Chinese Light Industry Minister Zen Xiang Lin were meant to identify specific areas for a formal accord after58 words
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Article92 1991-09-02 9 MEXICO CITY The economic reforms of Mexican President Carlos Salinas de Gortari have reined in the country's once-rampant inflation, and Mexican wages have begun to recover, says a leading economist. Since 1989, wages had registered a growth of 5 per cent in real terms, the92 words
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Article69 1991-09-02 9 DHAKA Bangladesh's deposed president, Hussain Mohammad Ershad, and his wife, Raushan, have been charged in connection with the country's biggest gold smuggling case, press reports said yesterday. Ershad, 61, is currently being held at the high-security Dhaka Central Jail while his wife is being detained in69 words
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Page 8 Advertisements
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Advertisement96 1991-09-02 8 PROPERTY CONSTRUCTION SUPPLEMENT 1981 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? As96 words
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Page 9 Advertisements
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Advertisement154 1991-09-02 9 CZ c\ COME DOWN TO WHERE A THE ACTION IS As*' THE ELITE COCKTAIL LOUNGE PUB FOR TODAY'S GENERATION FEATURING SINGAPORE'S MANILA'S TOP ENTERTAINERS TOP DJ SEBESTIAN SHEFFIELD f LA CHICAGO FRIENDS ACTION STARTS DAILY We are the early birds for happy hours entertainment Happy Hours (20%0ff) s 3pm B.oopm154 words
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ANALYSIS
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916 1991-09-02 10 Stuart Elliott - In a return from the land of strange, foreboding corporate names, a growing number of consumer-product companies are seeing the names of their primary brands as the best ones to hang on the door. Stuart Elliott examines the trend Stuart Elliott NYT WHAT'SNYT - 916 words
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Article, Illustration1831 1991-09-02 10 Tye Kim Khiat - Australia did not grovel in Kuala Lumpur recently for nothing. It was the strongest sign yet that Australia has finally come home to Asia. The time has come, says Tye Kim Khiat, for the countries in the region to ponder an ambitious player in commerce and defence in1,831 words
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Page 10 Miscellaneous
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Miscellaneous100 1991-09-02 10 DOONESBURY BY GARRY TRUDEAU TuXK&WI UOOULDN7 65T~fW\ THAT'S ALL VSRYWELL, BUT I KXMW UP ABOUT TH&. HALF I I THE HYPQCFJSY THAT 6m FOLKS, I AG THE AIR-APPARENT, I CAttT YOU'VE BEEN 1 I THE aXWTRYOXJU? CARE LEZSM I PANO! BOOZE AND TOBACCO KJLL I HAVE EVENA MHIFF OF SCAN-100 words
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ENTERPRISE & MANAGEMENT 1
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Article, Illustration1062 1991-09-02 11 Salil Tripathi - Managing time is a tricky business, as executives' schedules become crammed with more appointments than there are hours in the day. Salil Tripathi reports on a system which is supposed to help you make the best of your time Salil1,062 words
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441 1991-09-02 11 Hong Lee Tiam - rii" —-fir trnfirftri titWWMMMWMMWMMIIJ.jHU<W| I OMBMM Many service-oriented companies, concerned about the quality of their services, are enlisting the help of audit companies to make sure their service is up to expectation. Hong Lee Tiam reports Hong Lee Tiam Noel hawkes, general manager of441 words
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Article, Illustration1138 1991-09-02 12 Charles Batchelor - Newsletters have proved increasingly popular for companies selling high-value items. They help companies stay in touch with clients and win new ones. Charles Batchelor reports Charles Batchelor FT FOUR times a year, Lindsay McDermid, personnel and marketing director of the Edinburgh Bicycle Cooperative, takesFT - 1,138 words
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Page 11 Advertisements
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Advertisement746 1991-09-02 11 JAPANESE RESTAURANT Experience Our Teppanyaki Specialities! K m Is*;, A complete Set Lunch with salad, appetizer, soup, dessert and coffee/tea with the Main Course cooked At $20++ per person. TjSmL Real Value For Money Ideal For Business Luncheon Nitely, also available Teppanyaki Set Dinner with fresh slipper lobster and a746 words
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Page 12 Advertisements
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Advertisement499 1991-09-02 12 DBS Corporate Plus. DBS Bank does, in the first-ever corporate current to tide you over in case of urgent needs. Because it is automatically account which lets you earn interest without tying up your cashflow granted, there are no forms to fill out, no waiting times, and no rejections, and499 words
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Advertisement100 1991-09-02 12 96% Only one legal training centre can outperform all others by producing the largest number of LL.B. graduates for the University of London (external) 1991 examinations* SIC Final Part II pass-rate (based on provisional list) Call the Counselling Hotline: 337-8000 V 7 the legal training centre others talk about. Department100 words
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SPORTS 1
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Article, Illustration1152 1991-09-02 13 US Open AP NEW YORK If Nolan Ryan can pitch a no-hitter at 44 and George Foreman can fight for the heavyweight title at 42, young pup Jimmy Connors figures he has a pretty good shot at 39 to win the US Open. "Forever Young"AP - 1,152 words
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294 1991-09-02 13 NYT NEW YORK Tom Gorman, the captain of the United States Davis Cup team, telephoned Andre Agassi on Saturday to assure the slumping player he was still considered a key singles competitor for the Americans' semi-final match-up against Germany in KansasNYT - 294 words
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Article, Illustration963 1991-09-02 14 NYT TOKYO On the day after, his pride was still much in evidence. "Ask me more questions, some fun questions," Mike Powell said during a news conference on Saturday, the next-to-last day of the World Track and Field Championships. His smile was nearly as wide asNYT - 963 words
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359 1991-09-02 14 UPI INDIANAPOLIS Harold Henning and George Archer shared the second-round lead on Saturday at 12-under par 132 in the GTE North Classic. Henning fired Saturday's best round on the 6,670-yard Broadmoor Country Club layout with a 7-under 65. The 56-year-old native of SouthUPI - 359 words
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SIDE LINES
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212 1991-09-02 14 TOKYO Japan's Hiromi Taniguchi kicked up what was left in his legs with four kilometres to go, leaving the rest of the front pack panting in high humidity, to take the men's marathon at the World Track and Field Championships yesterday before roaring home212 words
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Article102 1991-09-02 14 FRANKLIN, Wisconsin Texan Mark Brooks took his chance as near gale-force winds swept across the 7,030-yard Tuckaway Country Club course on Saturday where players completed the third round of the Greater Milwaukee Open. After the first two days were dominated by Robert Gamez, Brooks pipped his102 words
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Article116 1991-09-02 14 SPRINGFIELD, Illinois Laura Davies surged five strokes clear of the field after the first round at the LPGA Rail Charity Classic on Saturday after shooting a spectacular re-cord-tying 62 in which she had eight birdies and an eagle. "It's a big thing to shoot 10-under. Probably won't116 words
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Article95 1991-09-02 14 VANCOUVER, British Columbia Michael Andretti had a run-in with a wall on Saturday, but recovered to win the pole position for yesterday's Vancouver Molson-Indy with a re-cord-smashing lap. Andretti, trying hard to catch PPG Cup point leader Bobby Rahal, threw his Chevrolet-powered Lola around the 2.698-km,95 words
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Article139 1991-09-02 14 RIO DE JANEIRO The so-called "Dream Attack" of Careca, Romario and Bebeto could make its debut for Brazil in two weeks, ending two years of waiting for the seemingly overpowering front line. Recently-named Brazilian national team coach Ernesto Paulo is expected to announce his line-up139 words
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Page 13 Advertisements
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Advertisement101 1991-09-02 13 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in101 words
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Advertisement304 1991-09-02 13 dW ***** St&i Singapore Business has been around for some 20 years, so we know the local business scene better than most people. But we'd been looking tired lately so we went out and got ourselves spruced up. The result: more industry and company information and more pictures in a304 words
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Page 14 Advertisements
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Advertisement314 1991-09-02 14 If a building provides an excellent communication system, location, parking, facilities and maintenance, like the World Trade Center..." Manager Indonesia, Hongkong Bank Spend five minutes reading this ad and Jakarta's World Trade Center,developed and earn yourself your colleagues' lavish praise for managed by PT Jakarta Land. years to come. Here314 words
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Advertisement661 1991-09-02 14 \aa/ The Royal Bank of Scotland pic M Incorporated in Scotland n Hood Office: 42 St. Andrew Squore, Edinburgh, EH2 2YE. I WW W Singapore Branch: 6 Battery Rood, #18-01, Singapore 0104. H I The Royal Bank of Scotland pic and subsidiary companies The Royal Bank of Scotland pic and661 words
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Page 15 Advertisements
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Advertisement1049 1991-09-02 15 pusiness times, Monday aeptemper L ivvi ADVERTISEMENT D Page 15 Journey to the Centre of Time them Show in the The watch museum, with its the maximum by the museum's de- museum, designed like a giant watch, is the history of watch- 1 j j theme of Journey to the1,049 words
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Page 16 Advertisements
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Advertisement238 1991-09-02 16 WHERE TO WINE. PINE AND ENTERTAIN WHERE TO WINE, DIME AND ENTERTAIN WHEBE TO WINE, DINE 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 the Double Boiled Shark's238 words
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Advertisement357 1991-09-02 16 ißiyg 0 DIAN XIN TEMPTATIONS Continuing the parode of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our aeative A la Carte menu treat yourself to al the Dion Xin you can for $16.80+ per person. Open daily from 11:30 am 2:3opm for kjneh. and 6:3opm357 words
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Advertisement189 1991-09-02 16 WMnONAL BIIFFET (WO SEPI) At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Adult: $16++ (Lunch) $18++ (Dinner)* Child: $10++ (Lunch Dinner) p LAZA j_jOTEL Menu changes regularly. Inclusive of chilled juices189 words
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Advertisement241 1991-09-02 16 The GEORGE ft ROBERT All Stars Quartet jazz group at tha Kasbah id /I Tha cjart®|, formed by Swiss aexophonlet Osorgs Robert to commemorate tha 700 th anniversary of Sarfttaitfend tour around tha world. comprises tour ofustciaos esorga Robert (saxophone, clarmat If#, J ntftompDter), Edgardo "Dado" Moroni (piano), lata f241 words
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Page 16 Miscellaneous
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Miscellaneous662 1991-09-02 16 TELEVISION AND RADIO ■.■-—1... »'»i m mmmmmmmmmmmmmmmrnrn "w* crpi *1 ski trip when she finds out 10.00 WorM News (M). UfaiieiijcGC am DAhtfl s W/ OX 7 I A O mnrnpr that the toy she has a crush 10.30 Moaday NigM Movie Un- UNHAUIU JVCy IU d lIIUIUCI 7.00 AH662 words
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THE ARTS
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Article, Illustration1202 1991-09-02 17 What exactly is Asean theatre? Salil Tripathi finds out in his interview with a Filipino playwright and director here in Singapore for Theatreworks* Asean Theatre Season Tony perez is not just a writer and Nonon Padilia is not just a director. Perez, 40, has been1,202 words
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Article, Illustration545 1991-09-02 17 P Y Van - P Y Van reviews last Friday night's SSO concert P Y Van GUEST conductor Laurent Petitgirard made every effort to connect with the audience at last Friday's concert with the Singapore Symphony Orchestra. He was full of effusive Gallic charm as he introduced Marius Constant's orchestral545 words
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Page 17 Advertisements
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Advertisement158 1991-09-02 17 AND ENTERTAIN Enjoy a sumptous appetiser and dessert spread with a choice of one main course. In the relaxing ambience of a hunter's lodge. Monday to Friday. 12 noon to 2.30 pm $31.00++ per person. A. ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1582/97. Top CANTO Pop Sirtg158 words
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Advertisement110 1991-09-02 17 a hard if. We are at i'— LI —24 Dux ton Hill I S pore 0208 V Tfl: *****78 ojS, 1 I N cx rton l OPCfI 4pm MIDrOQHT rrwnm:mTMnnTTj SAT -12am f \VyvifOf jyrV/» Lc lA STEAMBgAT SSUNSET Experience the lotest in Steamboat Dining at the Galaxy Pool side110 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration1221 1991-09-02 18 S N Vasuki - By S N Vasuki STOCKBROKERS and analysts said it is unlikely that the stock market will react adversely to the general-election results which put four opposition candidates in Parliament. They said that the ruling People's Action Party (PAP), with 77 out of1,221 words
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Article4096 1991-09-02 18 M Gr's Gf'» 1991 Tel Last Vol Week Last Quote Div Div Yld Net M Cap High Low Code Company Sale +or- (WO) High Low Buyer Seller CVr P/E Smil INDUSTRIAL COMMERCIAL 285 162 1000 Acma 210 +2 363 213 204 210 212 10.0N 1.5 4.8 13.9 128.7 255 1804,096 words
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Article4265 1991-09-02 19 FAN 860 +60 +7.5% OCBC Foreign MOO +60 +5.8% Semb Shipyard 705 +55 +8.5% DBS 1190 +40 +3.5% Keppel Corpn 735 +35 +5.0% Metro Hldgs 570 +35 f6.5% NatSteel 50* 470 30 6.8% SIA 1330 +30 +2.3% SIA 200 1330 30 f2.3% SIA Foreign 19704,265 words
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MARKET REVIEWS
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758 1991-09-02 20 FT |f|l||j|tyoßK IT IS LABOUR DAY weekend in the United States the holiday which marks the end of summer and across America, people's thoughts are turning to autumnal beginnings. Children are putting covers on new textbooks; teams are limbering up for the beginningFT - 758 words
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428 1991-09-02 20 AFP SHARE PRICES recovered on the Tokyo Stock Exchange this week, with investors buying on prospects of a Japanese interest rate cut. The 225-issue Nikkei Stock Average closed at 22,335.87 yen for a gain of 270.53 yen or 1.2 perAFP - 428 words
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764 1991-09-02 20 Sun Hung Kai - Market falls further on talk of Jardine Matheson delisting Sun Hung Kai INVESTMENT sentiment turned cautious last week following the collapse of communism in the Soviet Union. Everybody is keeping a watchful eye on China which, being the only remaining major nation ruled by the Communist764 words
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Article, Illustration338 1991-09-02 20 AFP JAKARTA PRICES PLUNGED on the Jakarta Stock Exchange (JSE) last week, forcing the market index down to a record twoyear low as uncertainties and worries over the future of the market prompted investors to sell out. The JSE indexAFP - 338 words
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140 1991-09-02 20 AP PRICES ROSE on the London stock market last week amid further indications that the British economy is head- ing for recoveiy after nearly a year in recession. The Financial Times share price index of 30 leading British companies closed 10 points higherAP - 140 words
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ASIAN MARKETS ROUNDUP
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Article156 1991-09-02 20 THE AUSTRALIAN sharemarket recovered from a sharp slump early Friday to end the week steady. The main market indicator, the All-Ordinaries Index, closed at 1,540.4 last week, compared with 1,540.8 two weeks earlier. The All-Industrials closed 3.1 points down at 2,356.9 and the All Resources shed 0.1 to 913.3.156 words
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Article150 1991-09-02 20 THE STOCK Exchange of Thailand (SET) index increased slightly on Friday, up 29.28 points over the previous week to close at 705.65 points. It was a 4.33 per cent climb over last fortnight's close of 676.37 points. The volatile stock market index, which fell two weeks ago following events150 words
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Article187 1991-09-02 20 THE PHILIPPINE stock market improved further last week after the government of President Corazon Aquino signed a draft treaty extending the stay of United States forces in this country. However, the treaty is still facing stiff opposition in the Philippine Senate, which must ratify it before the lease for187 words
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Article259 1991-09-02 20 INDIAN SHARE prices, which crossed an historic barrier in a bull stampede last fortnight, fell as the stock market closed on Friday after five days of buoyant trading. At one point during trad- ing on Monday, the Bombay Stock Exchange (BSE) index, or Sensex, hit 1,861.94 points, exceeding the259 words
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Article191 1991-09-02 20 SHARE PRICES on the Taiwan Stock Exchange registered modest gains last week in lacklustre trading. In contrast with the previous week's 7.6 per cent slump, the 237-issue weighted price index tacked on 39.2 points or 0.9 per cent to finish at 4,566.57 points on Friday. The market lost stamina191 words
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Article126 1991-09-02 20 AFP SHARE PRICES on South Korea's stock market closed the week lower on light trading amid gloom over a ballooning trade deficit and inflation. The broad-based Composite Price Index closed the Saturday's half-day session at 683.11, down 14.63 points or 2 per cent from the previous week. Trading volumeAFP - 126 words
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Page 20 Advertisements
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Advertisement7 1991-09-02 20 Innovation Technology in Business Times on Tuesday7 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration1056 1991-09-02 21 MBT SHARE PRICES on the Kuala Lumpur stock market staged a late rally last week but observers remain sceptical as to whether the reversal signals the end of the extended period of consolidation. For the week, the KLSE Composite Index gained 9.97MBT - 1,056 words
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Article3458 1991-09-02 21 1991 Last Vol Week Net Cm HJfh Low Coopaay Sale TOO High Low P/E Soil NPUSTRIALS 245 165 AISB 50* 203 13 117 203 180 49.5 208.2 560 310 ASM 50« 418 6 1199 420 402 37.3 1716-5 600 280 Acidchem 510 unch 178 515 496 219.3 685 192 Ajinomoto3,458 words
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Page 21 Advertisements
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Advertisement1309 1991-09-02 21 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-49 82 In tha Matter of Tha Companiaa Ad V In tha Mailer of totabawasg Reelar Lieea (Oaks) Pte LM On Voluntary Liquidation) Members' Volurtaiy Winding Up At sn Extraordinsry Gansral Msstlng of the membera of tha abovenamed Compsny duly conwwd snd hild 456 Alexandra1,309 words
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Advertisement308 1991-09-02 21 in the Matter d TheComperaee Ad V In tha Matter d Ssaibewaog Reslsr Liees (Oka) Pte LM (In Voluntary Liquidation) Members Volurtary Winding Up At an Extraordtoary General Meeting d_ the membera of the abovenamed Company duly convened and hsid M 406 Alexandra Road #07-00 NOL Butdnaf, Singapore 0611 onthe26todeydAeaea:1961aT4.30pm.308 words
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WORLD STOCK MARKETS
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Dow down slightly on program trading
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Article, Illustration1164 1991-09-02 22 STOCK PRICES dropped slightly on Friday in lacklustre trading that analysts attributed to the approaching holiday weekend. The Dow Jones Industrial Average ended at 3,043.60, off 6.04 points for the day but up 3.35 for the week. Computer-based program trading accounted for much of the Dow's decline on1,164 words
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Article277 1991-09-02 22 GERMAN shares were quoted mixed in quiet trading on Friday, with most market activity aimed at squaring positions ahead of the weekend. The 30-share DAX index started little changed from Thursday's close, and traded within a one-point range for the first 30 minutes of bourse trade. The DAX was277 words
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Article, Illustration726 1991-09-02 22 SHARES closed mostly higher on Friday on the London Stock Exchange. Advancing shares within the Financial Times-Stock Exchange 100-share index outstripped decliners by a modest 48 to 41. Sharp gains in a handful of stocks helped propel the index to its record close of 2645.7, up 7.5 points. The726 words
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Article280 1991-09-02 22 DUTCH SHARES ended a day of lifeless trading mixed on Friday. Traders said the market, which saw a batch of half year company results earlier last week, lacked fresh impulses. Investors remained sidelined partly because of Wall Street's Labour Day holiday today. "No one was willing to undertake much280 words
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Article159 1991-09-02 22 PHARMACEUTICAL firms stood out as gainers as French share prices drifted lower in lacklustre early trade on Friday. The CAC-40 index started at 1,854.73, down 3.01 points, and at 0828 GMT was off 12.78 points or 0.69 per cent at 1,844.96. Volume after 20 minutes of trade was about159 words
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Article245 1991-09-02 22 LATE BUYING in selected chemical stocks helped Swiss shares close a mostly lacklustre session mixed to mildly firmer on Friday, dealers said. The all-share SPI index rose 0.9 point to 1,122.5, compared with previous Friday's 1,111.8 and 1,123.7 before the coup in the Soviet Union. The blue-chip SMI index245 words
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Article166 1991-09-02 22 PRICES on the Stockholm bourse ended a turbulent week firmer in active trade on Friday, and dealers noted the market was liquid. The bourse general index closed 0.51 per cent higher at 1,085.55 in turnover of 496 million crowns. Blue chips rose 0.58 per cent. "There is high liquidity166 words
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Article204 1991-09-02 22 BELGIAN SHARES closed higher on Friday in a late afternoon rally ahead of Monday, the last day of the current forward account. The key Bel 20 index of leading shares closed up 7.36 points to 1,128,92, the highest closing level of the week. In last week's thin trade, the204 words
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Article371 1991-09-02 22 DOWNWARD pressure on gold shares resumed on Friday morning as world bullion price slid further to around US$34B an ounce, but the rest of the stock market was relatively steady in quiet trading ahead of the month end, dealers said. Heavyweight gold share Vaal Reefs lost three rand at371 words
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Article180 1991-09-02 22 ITALIAN SHARES closed higher, but off their opening highs on Friday, in thin trading depressed by the 85 billion lire share scandal and the postponed closure of the August account. Brokers said profit-taking appeared after the market had gained on techni-cally-motivated buying of companies whose shares are amongst those180 words
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Article265 1991-09-02 22 LOW VOLUMES and directionless trade characterised another session on Friday but Toronto stocks ended a slow week with a flurry to close slightly higher, dealers said. The market recovered from an early pullback after bullish economic data weakened bond prices, they added. "Everybody packed up their bags and headed265 words
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Article119 1991-09-02 22 Aug 30 Clow Previous NEW YORK Dow Jones 3.043.60 3,049 64 -6.04 SAP 500 395.43 396.47 -1.04 Turnover (million) 143.4 150.2 -6.8 LONDON Financial Times 30 2,071.5 2,066.2 5.3 FTSE 100 2.645.7 2,638.2 +7.5 Turnover (million) 288.9 426.8 -137.9 FRANKFURT DAX Index 1,654.56 1,655.48 -0.92 AMSTERDAM CBS Tendency Index 91.2119 words
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Page 22 Advertisements
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Advertisement15 1991-09-02 22 Managers must manage. BT shows you how every Monday Innovation Technology in BT every Tuesday15 words
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CURRENCY, MONEY & FUTURES MARKETS
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511 1991-09-02 23 NEW YORK Reuter THE US DOLLAR rose on stronger-than-expected US economic data on Friday, but it finished the day beneath its best levels after some aggressive sellers stepped into a thin pre-holiday market. "It was pushed around from time to time byReuter - 511 words
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Article650 1991-09-02 23 ASIAN CURRENCIES AFP HONGKONG Asian currencies finished the week mixed against the US dollar as events in Moscow eclipsed regional developments. The Japanese yen lost some ground as investors bought US dollars as a safe haven. The Australian, New Zealand, South Korean, Thai and Indonesian currenciesAFP - 650 words
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Article390 1991-09-02 23 Cross rates Aug 30 USS SS MS Dm Yen SFr AS NZS USS 1.7215 2.7850 1.7445 137.15 0.5935 1.5225 1.2755 1.7422 SS 0.5809 1.6178 1.0134 0.7967 0.3447 0.8844 0.7409 1.0120 MS 0.3591 61.81 0.6264 0.4925 0.2131 0.5467 0.4580 0.6256 Dm 0.5732 0.9868 1.5964 78.62 0.3402 0.8727 0.7312390 words
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Article521 1991-09-02 23 Interbank rates S$ Bid Offer Overnight 5 5/16 5 7/16 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: 5-9/16 LS$ High I jOw 7 days 5 11/16 5 5/8 1 month 5 11/16 5 5/8 2 months 5 11/16521 words
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673 1991-09-02 23 Germany's reaction seen as crucial in medium term Reuter PARIS The recent abortive coup in the Soviet Union brought down communism. In the long term, it might also bring down European interest rates. The positive reaction of financial markets to the failure of theReuter - 673 words
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262 1991-09-02 23 AFP FRANKFURT South Africa is planning a bond issue denominated in German marks totalling 200 million marks (SS2O2 million), the country's first operation on the international market since 1985. The Johannesburg government's return to the international financial marketplace has become possible with theAFP - 262 words
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457 1991-09-02 23 Sing Bullion; Futures - GOLD FINANCIAL FUTURES REPORT Sing Bullion Futures SPOT gold plunged to a new low for the year when prices fell as low as U*****.30/ $346.80 per troy oz last Friday following a build-up of bearish psychology which came to a head in457 words
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Article496 1991-09-02 23 BANKS ABN Bank 8% Allied Irish Bank PLC 8ft American Express Bank 8V« Am'Dam R'terdam Bank 8% Arab Banking Corp 8ft Arab Bank PLC 7ft ANZ Banking Group 8% Ban Hin Lee Bank 8% Banca Commerciale 8ft Banco do Brasil 8 Bangkok Bank 8* Bank Bumiputra 8ft496 words
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Article157 1991-09-02 23 COM EX Aug 30 COiD FUTURES (100 oz) USS/~ Open High Low Settle Change Sep 348.10 -2.80 Oct 347.50 349.80 346.50 349.60 -2.80 Nov 351.30 -2.80 Dec 351.20 353.00 350.00 352.90 -2.80 Feb 92 354.50 355.60 353.50 356.00 -2.70 Apr 355.50 359.00 355.00 359.00 -2.60 Jun 361.00 361.20157 words
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Page 23 Advertisements
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Advertisement7 1991-09-02 23 On target, chartpoint in BT on Saturday7 words
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Advertisement7 1991-09-02 23 Advertising and Marketing every Thursday in BT7 words
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COMMODITIES
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370 1991-09-02 24 Reuter KUTA BEACH, Indonesia Indonesia, the world's second largest producer of natural rubber, urged producing countries to work out a strategy to push up prices. Its junior Trade Minister, Sudhradjad Djiwandono warned at a one-day rubber marketing seminar in the resortReuter - 370 words
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297 1991-09-02 24 Bernama KUALA LUMPUR Malaysia's tin production declined by 29 per cent to 10,904 tonnes for the first half of this year, against 15,395 tonnes produced in the 1990 corresponding period, the statistics department said. Production of tin-in-con-centrates for June alone wasBernama - 297 words
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885 1991-09-02 24 REPORTS AFP LONDON Gold prices slumped to a 14-month low of U*****.5 an ounce on Friday on fears that Western banks would sell Soviet deposits of gold in reaction to the crisis in the Soviet Union. Weak demand from the jewelleryAFP - 885 words
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Article1142 1991-09-02 24 Rubber m (h* h Wm) S oena/kg Int I RSS Qoae Aug 26 138.25 Aug 27 138.50 Aug 28 139.00 Aug 29 139.00 Aug 30 138.75 WtU (ht h Wm) M centa/kg Int 1 RSS Close Aug 26 225.50 Aug 27 225.50 Aug 28 226.00 Aug 29 226.50 Aug1,142 words
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Page 24 Advertisements
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Advertisement974 1991-09-02 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 200(2Xb) and IN THE MATTER OF OH CHM NUAT FARMS FTE LTD (MEMBERS VOLUNTARY WINOING UP) At an Extraordinary Owoil Maatlng of tha aboaa nurd Company duly oonvanad and hatd at 0001974 words
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Advertisement320 1991-09-02 24 IN THE MATTER OF ROYAL IMPERU PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50 that tfie Final Meeting of Members of the abovenamed company will be held on Thursday, 3rd October 1991 at 3.00 p.m. at the office320 words
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Advertisement8 1991-09-02 24 Advertising and Marketing every Thursday in Business Times8 words
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Advertisement6 1991-09-02 24 Innovation Technology in BT every Tuesday6 words
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Article1089 1991-09-02 25 City Flight ETA Right ETC City Flight ETA Flight ETD SQ*» SQ227 2200 MH/SQ A—ww RJ182 1400 MH607 1150 670 0950 AmtwtUm SQ23 0700 KL842 2255 SQ107 1305 SQ106 1045 t±±L SQ109 1405 SQ108 1145 *>"■ SQ25 0735 SQ36 2200 MH642 1450 MH641 1315 Auckland S03881,089 words
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THE TRAVEL PAGE
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Article, Illustration884 1991-09-02 25 Sree Kumar - POSTCARD FROM TOKYO By Sree Kumar IT IS blistering hot and humid in Tokyo now. The masses spill out of the subway in the morning rush hour, perspiring through their lightweight suits, mopping their foreheads. The humidity is unforgiving. The hot summer still has884 words
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Article152 1991-09-02 25 At at 3pm: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3433 1.3S47 Canadian dollar 1.4905 1.5131 NZ dollar 0.9767 0.9915 Sterling pound 2.8859 2.9100 US dollar 1.7170 1.7210 Local dollars to 100 «iuts of fcrtlp f iety Austrian schilling 13.840 14.050152 words
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Article90 1991-09-02 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Sep 1-4 International Netherlands Koninklijke *****5591 Sep 5-8 International Strasbourg- Societe De» ********** Furniture Fair Nederlandse Fashion Fair Wacken Foires Et Jaarbeurs (France) Expositions Sep 3-8 Furniture and Helsinki, The Finnish Fair *****5091 Interior Finland Corporation Sep90 words
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Page 25 Advertisements
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Advertisement39 1991-09-02 25 Bud,youHbealot wiser when you learn about Finnair's New %rk route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.39 words
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Advertisement36 1991-09-02 25 VERDICT Our team asks Singaporeans and political watchers the big question in most people's minds: WHY did the PAP do well in some areas and badly in others? ii&tEH From lunch-time. Monday to Saturday. (litis NEW,NEWS,NEWSY36 words
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Page 25 Miscellaneous
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Miscellaneous325 1991-09-02 25 new 8 there's a place in Kent offering wide-ranging 11 A civic head about ImJ 12 A woman keeps nothing that's worn (4) I I I I I I I I I I 13 Observing a game top man MB"Hb 15 Pipers, possibly about fif- 17 I I I ty,325 words
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Miscellaneous208 1991-09-02 25 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 30.9 Assoc humidity 76% Minimum temperature 24.4 Assoc humidity. 93% Hours of sunshine 1.00 Rainfall in mm 4.0 Rainfall this month. 4.0 Rainy days this month 1 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Sunny Bangkok 32/25 T208 words
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Miscellaneous32 1991-09-02 25 UFEOMTWe coSTume...SNOR«ei Rou. OH HE.XT mONOAV.... IiPDLtI OM POM %M ftiSs I'LL Be SETrifJG OFF Foe .9 aw-z.-z.L6. sitCK....D*v<a,<G. njmRS SUNNY wiNKL|-&e>cU.. 0506 EVENMO STAMOAWO CO. LTD, IMMMI NOVO HOLTD Pty UST...32 words
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532 1991-09-02 26 Harish Mehta - Skygate Imex told to close till permission is given From Harish Mehta in HO CHI MINH CITY SKYGATE Imex Pte Ltd has become the first Singapore company operating in Vietnam to be rapped by the Vietnam authorities for opening a representative office532 words
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445 1991-09-02 26 Catherine Ong - From Catherine Ong in HONGKONG BRITISH Prime Minister John Major will have to confront criticisms of a double standard in his government's dealings with China and Hongkong on the issue of democracy during his visit this week. Flying into Beijing from445 words
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254 1991-09-02 26 Reuter TAIPEI Taiwan, alarmed by growing economic links with China, may impose restrictions on investment by Taiwanese businessmen there, a government spokesman said. "We are thinking of placing curbs on investment on the mainland in order to reduce the rapid growthReuter - 254 words
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404 1991-09-02 26 AFP BELGRADE Serbia, threatened by diplomatic isolation, has bowed to international pressure by agreeing to admit observers to monitor a ceasefire in Croatia, but has not met the European Community's demand to end fighting. Serbia announced its decision on Saturday, only hours before yesterday'sAFP - 404 words
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Article, Illustration323 1991-09-02 26 KUALA LUMPUR Malaysia plans to build an air strip on part of the disputed Spratly Islands in the South China Sea, Defence Minister Najib Razak was quoted as saying. The runway on the Terumbu Layang-Layang atoll will be able to handle light323 words
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578 1991-09-02 26 Crisis in the Soviet Union Major flies to Moscow with tough Western message KENNEBUNKPORT, Maine After several weeks of watching by the sidelines, the West is finally taking steps to influence the course of events in the Soviet Union. President George Bush on Saturday578 words
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Page 26 Advertisements
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Advertisement79 1991-09-02 26 PiageT JQAIIIIER EN /HUDGERIE DEIHJISIB74 genßve I V V FOR SALE! prime '999* industrial site BV TCMnCD WITH REDEVELOPMENT POTENTIAL 1 AT 237 PANDAN LOOP The site consists of one single storey factory/ warehouse building with a mezzanine office. j/ Tenure 999 years Site area Approx. 54,450 sq ft as.79 words
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Advertisement193 1991-09-02 26 PligeT JOAUJJER EN HORIOGERIE DEPUISIB74 GENtiVE YS S Special Steel Are your profits slipping through the cracks? Isotropy ifei W" Thanks to a Hitachi Metals technique call- Our New Technical Approach Actual i esiills using YSS steels ed Isotropy, dies made of our YSS special steels can last many times193 words
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Advertisement19 1991-09-02 26 Now is the time to invest in the Soviets, Pg 9 Soviet developments may lower European rates, Pg 2319 words
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Shipping Times
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482 1991-09-02 27 Al O LAbita - From Al O LAbita in MANILA THE International Container Terminal Services, Inc (ICTSI), partly owned by the USbased transport giant SeaLand, plans to go public this year to help finance its 1.09 billion peso (U5538.93 million) three-year expansion programme. ICTSI president Jose C Ibazeta482 words
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Article, Illustration415 1991-09-02 27 Closeness to Eastern Europe a major advantage Reuter HAMBURG, Germany Hamburg's proximity to Eastern Europe is set to become a major advantage, promising long-term growth for the port now that the physical and political barriers of the Cold War era have been torn down. "WeReuter - 415 words
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Article1220 1991-09-02 27 Page Coi ABC Containerline 12 1 Accord Group 8 1-3 Aeropak 16 2 AFS 15 2 Ahrcnkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 AP.C. Lines 13 5 A c Warehousing 15 4 Arrow Int 9 4 Asian1,220 words
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479 1991-09-02 27 Magdalene Phang - By Magdalene Phang SINGAPORE Naigai Nitto, voted by the Port of Singapore Authority (PSA) as last year's top freight forwarder, is confident that its cargo volume will go up by 13 per cent this year. Total tonnage handled by the Tokyo-based forwarder in479 words
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Article193 1991-09-02 27 Reuter WELLINGTON Stateowned New Zealand Rail Ltd has reported a maiden net profit of NZ534.2 million for the eight months to June 30 and says it is now probably one of the few profitable, unsubsidised rail services in the world. "We are probably theReuter - 193 words
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NEWS SUMMARY
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Article46 1991-09-02 27 THE theme for this year's World Maritime Day on Sep 26 is 'Passenger and crew safety on board ship'. In this first of a two-part article, the International Maritime Organisation addresses this issue. The second part will be published tomorrow Page 246 words
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39 1991-09-02 27 US automakers are hoping to revive slumping sales by stressing safety in their 1992 care, but analysts say car firms still need help from the economy before business improves substantially Back Page39 words
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26 1991-09-02 27 SOUTH Korean carmakers have called on the government to ban Japanese cars wherever they were assembled Back Page26 words
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38 1991-09-02 27 BELFAST shipbuilder Harland Wolff landed contracts worth about US$365 million (SS62B million) to build six bulk carriers for British shipowners China Navigation Company and Cenargo International Ltd Back Page38 words
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47 1991-09-02 27 TRANSPORT, trading and storage group Van Ommeren Ceteco NV, reporting almost unchanged net profits for the half year to June 30, said it sees a substantial rise for the whole of 1991 from 45.5 million guilders (5539.8 million) in 1990 Back Page47 words
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LOG BOOK
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92 1991-09-02 28 NICOSIA A Kuwait Airways technical team flew to Teheran to examine six Kuwaiti Airbus planes seized by Iraq and later flown to Iran during the Gulf War, the Oman News Agency said last Saturday. It said the team would spend several days checking92 words
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41 1991-09-02 28 LONDON The 63,822 dwt Greek bulk carrier Nagousena has been aground at km 491.5 on the River Parana, Argentina, since last Thursday, Lloyd's Shipping Intelligence Service said. The vessel, loaded with sorghum, is not obstructing navigation.41 words
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Article48 1991-09-02 28 LONDON The 14,534 dwt Spanish oil/asphalt tanker Mar Caterina sustained damage and spilled asphalt in the Snell lock of the St Lawrence Seaway last Thursday, Lloyd's Shipping Intelligence Service said. It said it understood the system would be closed for at least five days.48 words
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Article71 1991-09-02 28 WARSAW The Polish national airline LOT is buying nine Boeing-737s in preference to Airbus or McDonell-Douglas aircraft, LOT said last Saturday. The 7375, in the 400 and 500 series, are to be delivered between 1992 and 1994, the airline said. LOT gave no details of71 words
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Article45 1991-09-02 28 STRASBOURG The international airport at Strasbourg was due to be reopened yesterday after a month-long closure while its runway was adapted to take large cargo planes, officials said last Friday. Traffic was diverted to the German airport at Colmar during the closure.45 words
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Article66 1991-09-02 28 LONDON The Kuwaiti tanker Al Deerah was refloated last Thursday after running aground earlier in the day at Raritan Bay in the southern approaches to New York, Lloyd's Shipping Intelligence Service said. The 35,643 dwt vessel offloaded 34,000 barrels of oil to a barge before refloating. It66 words
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74 1991-09-02 28 LONDON The UK Secretary of State for Trade and Industry said last Friday that he would not refer to the Monopolies and Mergers Commission British Aerospace Pic's proposed acquisition of 30 per cent of Hutchison Telecommunications (UK) Ltd shares. Hutchison Telecom UK is a74 words
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Article923 1991-09-02 28 CHARTER volume in the dry cargo market on Thursday picked up and freight rates showed further rises amid firming sentiment, brokers said. Expectations of food aid shipments to the Soviet Union as well as purchases under the 315 million of US grain credits released earlier last week gave923 words
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Article, Illustration1397 1991-09-02 28 The theme for this year's World Maritime Day on Sep 26 is 'Passenger and crew safety on board ship'. In this first of a two-part article, the International Maritime Organisation addresses this issue. The second part will be published tomorrow IN HER last moments, the world's1,397 words
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Article772 1991-09-02 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 and772 words
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Article10178 1991-09-02 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum10,178 words
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SHIPS IN PORT
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Article461 1991-09-02 43 V«m| *y Hi Bar* km* Pgartw Vassal Voy Wo Berth Arrwi Depjrtui Marina Terminal 1 S«uhor« ***** P04 02 09/0730 05 09/0630 MeMu Jaya 13/91 M02 at(*s*Je 0109/1600 Sn N Hua 3 1391 P03 02 09/0830 0209/2300 Saw Man 23/91 M03 alw«ade 0109/1800 Tahuna 03/91 P04 01461 words
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Article852 1991-09-02 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrj/Balance Mb 9# Voy No Etb/Btr Pariod From To From A Vtoturt 01/331 04/0600 2 01/1700 02/0659 02/0900 to lotus 166 03/1500 1 01/1500 01/1659 01/1900 2 01/1700 02/0659 02/0900 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 to852 words
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520 1991-09-02 44 Reuter DETROIT US automakers are hoping to revive slumping sales by stressing safety in their 1992 cars, but analysts say car firms still need help from the economy before business improves substantially. They say the recession has cast a yellowReuter - 520 words
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218 1991-09-02 44 OanaYonhap SEOUL South Korean carmakers have called on the government to ban Japanese cars wherever they were assembled. The Korea Automobile Manufacturers Association (Kama) said last week that Honda was selling Accords built in America in the Kore- an market,Oana- Yonhap - 218 words
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137 1991-09-02 44 AFP KARACHI Moves to privatise Pakistan Telecommunication Corp (PTC) have been slowed down amid reports of serious objections by the Ministry of Defence and some of the coalition partners in the ruling Islamic Democratic Alliance (IJI). But highly-placed sources here said that in view of theAFP - 137 words
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278 1991-09-02 44 Magdalene Phang - By Magdalene Phang SINGAPORE Belfast shipbuilder Harland Wolff landed contracts worth about US$365 million (SS62B million) to build six bulk carriers for British shipowners China Navigation Company and Cenargo International Ltd. A statement from London said that the joint order was278 words
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184 1991-09-02 44 Reuter ROTTERDAM Transport, trading and storage group Van Ommeren Ceteco NV, reporting almost unchanged net profits for the half year to June 30, said it sees a substantial rise for the whole of 1991 from 45.5 million guilders (5539.8 million) in 1990. "In this forecastReuter - 184 words
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Page 27 Advertisements
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Advertisement20 1991-09-02 27 Line* and services represented Members of the Registry «f Accredited Siitfapors NetkxuJ Ship- advertising enquiries, contact Shipping limes: I'el 740-20*9/740-2090.20 words
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Advertisement67 1991-09-02 27 *SHIP LASHING MATERIALS SPECIALIST mm Mill MINTERMARINE SUPPLY CO (PTE) LTD T«l: 265W33 (10 Urn) Fa: *****77 CARGOFLO WILL GET YOU GOING PLACES International Freight Forwarder. N.V.O.C.C. Consolidator. Specialist in project cargo handling and consolidation. With full logistics and documentation services. Serving you through an international network of agents to67 words
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Advertisement31 1991-09-02 27 Cockett Report 2 Contamer Schedule 17 Oily Frafhb 2 We* to Advertisers 1 Shppm Gude 10,11 Stops in Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Condibons 1731 words
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Page 28 Advertisements
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Advertisement6 1991-09-02 28 Read Chartpoint in BT every Saturday6 words
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Page 29 Advertisements
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Advertisement2463 1991-09-02 29 M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES till## TEL: *****11 FAX: *****09 \HVfIr BOOKINGS TEL *****34 *****68 WHllf M TERMINAUCFS TEL: *****18 220 P Bflml H PESAKA JARDINE SHIPPING AGENCIES SON. BHD L M PORT KELANG TEL: *****18 FAX *****91 36/2788 PENANG TEL: *****4 FAX *****1 CFS TEL *****62,463 words
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Advertisement2073 1991-09-02 29 TRANSPORT DIARY 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 12-13: Seminar on Shipbroking and Chartering II Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18:2,073 words
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Advertisement1605 1991-09-02 29 mamsssassm WEEKLY SAILING TO MIDDLE EAST Trein Maersk V 9113 Eta Sin 5/9/91 Veeeei Voy ETA j ETO Feeder by Singapore Merkur Mti DESTINATIONS to TNa «Mk Marl* Maarak 9106 cv 3/9 oeoo hrs Port pM Ml CFS 2/9 2369 HRS Kalang Panang OAK LOB HOU MEM ATL MIA CHS1,605 words
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Advertisement1186 1991-09-02 30 ~~l ROTT EDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 20/135 5/9 28/9 24/9 23/9 BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 >JVRni HONGKONG EXPRESS 03/136 12/9 5/10 1/10 30/9 JWa«3l KAGA 20/338 15/9 2/10 4/10 7/10 8/10 l ALL WESTBOUND P KURAMA 12/137 19/91,186 words
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Advertisement704 1991-09-02 30 BEABPAC SERVICE DWECT SOUTH PACfIC SERVICE SIN NOU SUV PPT IS LA FLOREANA 2509E8 4/9 19/9 22/9 27/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX IS LA FLOREANA 2509E8 4/9 10/10 11/10 16/10 17/10 ALSO704 words
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Advertisement1530 1991-09-02 30 SJrJNR REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM AIG BCL HAM ME HOT ANT FEL LHA (VIA (VU (MA N.G) WW) ROT) CHMA SEA 125* 05/09 27/09 29/09 02/10 04/10 04/10 05/10 05/10 OC/10 NORASIA SINGA 9126-3 08/09 30/09 02/10 05/10 06/10 06/10 09/10 10/10 11/10 NORASIA1,530 words
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Page 31 Advertisements
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Advertisement1866 1991-09-02 31 SjgSteamers Maritime Holdings Ltd P&O t/m STRAITS SHIPPING Containers H%£*** V»r No Kl| H'Kang #Pkl S port *l| Sou Ant Rot Hbt ACCEPTS DUE SAJLS lEM MAERSK 1110 30/01 01/09 01/09 00/09 19/09 22/09 23/09 2S/09 C«tt> 2??!! !i /M 7/W M/M M/ 09 21/09 BMTAMG BCLAIT VIAE Bint. Mri.1,866 words
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Advertisement2171 1991-09-02 31 m p TO: U.S.A./PANAMA FM: U.S.AJPANAMA vessel/vot jr om IGR cm fdb mv m* ntc tcsel/wt hyc w» cti lgb out v CHOYANC WORLD CFI3S 7/9 J/10 4/11 11/1* 19/10 20/10 22/10 JAPAN SENATOR MAI2O 17/7 l*/7 21/7 20/7 4/0 5/0 3/» CHOTANG GIANT CFI34 14/f 0/10 11/10 20/10 24/102,171 words
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Advertisement391 1991-09-02 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel dot Isp pi Tiuc seki pme Ti ao Inpt 1 1 «ousui li "ao ITpt asm* ciffa 135 1 nrr COSMC nONEEK 1« 4/9 i/9 COSMC TRADER "TTTs 9/9 1 T COSMK MASTER 1 71/9 9/9 1 "akoia ~un~~ EASTERN391 words
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Page 32 Advertisements
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Advertisement599 1991-09-02 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE *a./wr ISTOK MMM/UMM H BURG BREMEN ANTHERf KUTA4/23W8 1/9 9/10 15/10 19/10 22/10 IMTMMi/30m 7/10 1/11 14/U 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc«m«fil. Also *cc«pttn? cargo to CaMblanca, Port Said. Pod Aloiandrla. Ganoa, Trloato. ALSO ACCEPTING BOTH599 words
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Advertisement882 1991-09-02 32 HANJIN SHIPPING IlwDim nnx* vtt Isml iw haw lgb oak sr asus. £I? is as ssrss s dit gissr.fi 1 .as imm"«ar ji usgg gg gg»g m,m Likl««• 14/10 17/10 I («'C»t WW 065 C T/S AT HK6) IS'pors H.Konj KaMNun(Kob« Toko Buun FEEDER VSL SIR LME HAUL SEA VCR882 words
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Advertisement56 1991-09-02 32 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OF CARGO VESSEL, TUGS A BARGES SPECIALISE IN HEAVY-LIFT. PROJECT CARGOES TO ALL INDONESIA. MALAYSIA, THAILAND. HJILIPINE PORTS. OFFER CHARTERING OP OUR CARGO VESSEL, TUGS A BARGES. TEL: *****26 FAX: *****6356 words
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Advertisement1228 1991-09-02 32 I f wowm am mT i mi fi?« IS. u)t 55!. 2?. 09 mm°*MmHM"»««» CM m MP I e u/» J« Ji/J «J 1?/! 2 22 22 ii 7l w» a/ii M/ii a/u l/u vn u/u n/n z7/n a/n Hr Z *1/' 24/J 25/S 27/1 28/9 21/t fl/! 11/ It1,228 words
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Page 33 Advertisements
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Advertisement1472 1991-09-02 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 mmam AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 fCC FAR EAST SERVICE *****48 CFS K27 IMPORT *****69^*****50 iM NEPLINE SDN BHD MALAYSIA K.L.-I03) *****33.1,472 words
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Advertisement536 1991-09-02 33 Int. Mulff-Modal Forwarder SEAFREKSHT BOOKHGS: 222 0717 mmg A AFFREIGHT BOOKNGS: 545 4255 m FAX **********7955 I USTtRN fUROPf Hri J, INDIA BBM CZECHOSLOVAKIA 6/9 N SK? 0 Ml HUNGARY 6/9 I BOMBAY 10/9 ROMANIA 6/9 KARACHI 10/9 YUGOSLAVIA 6/9 MADRAS 9/9 BULGARIA 6/9 CHITTAGONG 7/9 < (tfcl CALCUTTA 8/9536 words
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Advertisement892 1991-09-02 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUfC—D6CHWH3WG WESIBOUC-LOAPWG TKWBWftD MA HOTTHPOM Ha «8 |SHV rn HTM MIT Ma. DEUEL VOT |tmv M»1892 words
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Advertisement1645 1991-09-02 34 K 44 V 1 »ft ICR No: **********0 M) V W AS AGENTS: KAWABAKI SINGAPORE (PTE) LTD > BJ TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MV 1 W\J MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD T TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD1,645 words
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Advertisement760 1991-09-02 34 f PHILI-ORICNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****80/*****00 Talax: RS ***** PHIU FAX: *****76/*****16 BY AIR, LAND OR 5EA..... VVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "Nj^i 3 SEP MONTREAL, OTTAWA, TORONTO, 5 SEP DUBAI, DAMMAN, SHARJAH.760 words
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Advertisement389 1991-09-02 34 4 m GOLDEN LINE Vw£>%. GUAN GUAN SHIPPING KS£<\ (PTE) LTD I S, T t£f?"«*«>« 0104 BBMMBBtf 9wr agg S port P. MM| ton* I GOUKU NMMST Cotomde 'Kiracfc/Dnkii 24/20 Uft I axon KM tokwQo Mr tela Dvtw 1/10 Oct n ggyng limskmln 0/00* SMNBMI Xamn 'Honp* 11/14 Sat IW.389 words
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Advertisement1397 1991-09-02 35 PACIFIC INTERNATIONAL LINES (PTE) LTD i 9 PIL Building, 140 Cecil Street #03-00, Singapore 0106 I [BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIN SKK SIN Irll ,1 PEGASUS PROGRESS 882N 4/9 7/9 11/» IDCN 391 3/9 8/9 10/9 KOTA SURIA 9101 4/9 7/9 11/9 J BUNGA TERATAI1,397 words
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Advertisement1068 1991-09-02 35 BENLINE CONTAINERS LTD > 200 Cantonment Road Tel- *****22 I #13-05 Southpoint li\ 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 T °y ama+ 296 2/9 23/9 24/9 Z Z Korngan' 3081,068 words
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Advertisement551 1991-09-02 35 M MYANMA pHBk FIVE STAR UNE w (Myanmar National Line) Loading lor Yangon (Rangoon) Spor* P.KIf Pen P.Gdf MYOMAYWA VI36R Siiid Sated In ft PWYA Vll6* Sated 3/5 Sap In ft AVA VIIOW 6/7 Sap HP A-AN VI67W 15/17 Sap PAGAN VI7SN 21/23 Sap Tig* THI BANK UNE (A Mrvlc*551 words
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Advertisement701 1991-09-02 38 TO AUSTRALIA/NEW ZEALAND [55 fii |Fr«n |tMb |Syd |*uck |P CHALM BRUSSEL 277 T57« T5/J M/T" Tj/V 3/1# 5/10 «/10 C VWOt* 271 25/» iTIT 7/10 11/10 U/10 »2/10 AMTVKKfCN 27$ lf/10 27/10 1/11 5/11 10/11 li/11 MAATHA IHI 14/11 21/11 20/11 1/12 0/12 10/12 TO USA/CANADA vsi [to [55701 words
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Advertisement797 1991-09-02 38 I OUTBOUND VOY PKL PEN *T SN MNI HKC KAO KEE TYO SM2 N6O KO6 I VESSEL VOY I SIN |PKL PEN Bl* SIN ACI LOTUS la -30 829 8 3.9 7.9 1.9 13.9 14.9 149 15.9 ICEMRD 21A_ 18 TSK CHORUS 238 ill **2.9 51 6.9 10.9 12.9 17.9797 words
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Advertisement211 1991-09-02 38 PERUSAHAAN LAVAlli^ i\m KALIMANTAN i i DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK I Vessel ETA/ETD DESTINATION NIAGA XXI Voy 19/91 4/5 Sep Jakarta/PaJembanf I NIAGA XXII Voy 20/91 5/6 Sep Jakvta/Patefnbani I I NIAGA 42 Voy 15/91 9/10 Sep Jakarta/Palembani J NIAGA XXI Voy 20/91 12/13 Sep Jakarta/Palembani NIAGA211 words
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Advertisement1420 1991-09-02 38 /Fes £g. $f CHINA OCEAN SHIPPING COMPANY C 0 FULL CONTAINER LINER SERVICE Malaysia'S AGENTS SINGAPORE'S GENERAL AGENTS K^^S^WITBI CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD KL TEL: *****91/17 FAX: *****92, ***** tti *****00/*****33 INDONESIA MARITIME P. KLAN6 TEL 30S10C/I TLX MA ***** /I JKT TE: (021)*1637, *17641,420 words
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Page 39 Advertisements
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Advertisement563 1991-09-02 39 GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 9.9.91 HONG KONG 10.9.91 BUSAN 9.9.91 BANGKOK 8.9.91 EUROPE 7.9.91 TOKYO/KOBE/YOKOHAMA 8.9.91 USA 10.9.91 AUCKLAND 12.9.91 FREMANTLE 11.9.91 SYDNEY/MELBOURNE 6.9.911 FOR BOOKING PLEABE CALL AT OUR HOTLINE 536-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINS TAN, KATHLYN TAV, SOPHIA BAY OH KAREN SIM FAST DRECT REGULAR SERVICE563 words
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Advertisement490 1991-09-02 39 I^SnJcHFIEL^NAHIN^tGEIJEJE^SMTn^^DI I S TEL: *****33 (12 Lines) m FAX: *****15/*****03 |PJj TELEX: R8 ***** R»HIP (3 Lines) m ETHIOPIAN BHIPPWG LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VFSSEL Ivov ETA LOAD!NO FOR SPORE ABYOT 25W8 27 09 D*RtSSALAAM. MOMBASA DJIBOUTI* «SBAS, MAB3AWA ANOtNET 25W8 18' 10 DAREBSALAAM.490 words
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Advertisement897 1991-09-02 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n» rw eta JWK rati KELANG ffNANG ■U* MDE IN POUT m P(Kt Loading tor Male WIN HUDHU 10/9 Loading for Calcutta OOLWN 12/9 loading For Mal« nomii sumac n/s Loading For Male DONAXULHI 15/j Loaded For Fekwaru PROGRESS LWtTT 20/9 loading897 words
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Advertisement802 1991-09-02 39 JAKARTA BANGKOK I—*. ill Ifiwa Im mmm j *mmm OMA < M 4/9 7/9 MAHA BHUM# 72N to Pt 2/1 Thw 5/9 mm ww ion 7/9 10/9 nahta mum mn t>w 5/9 to t/% 5! 11/? 14/ MARBI 02N Sat 7/9 N*d 11/9 [wANA BH* IW> U/> 17/ I CHAITA802 words
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Advertisement1104 1991-09-02 40 MAC-NELS S'PORE IMPORT: *****02 I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHI NG: (082)*****3 SURABAYA:(3I) *****0 UK/SCAN/lIED PORTS AFRICA I PEN PK SIN c/o c, a Colombo 7 /9 8/9 9/9 7/Q t/a D/d Durban/pt Louis1,104 words
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Advertisement309 1991-09-02 40 jjtofc blue star l|ne TO FROM 8/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPt ML LYT SIN PHOSKCT US 14/9 26/9 Vl* NPt 2«/9 15/10 MANDAMA 0504 21/9 3/10 VIA NPI 5/10 22/10 PREMIER 14S 29/9 11/10 VIA NPI. 13/10 30/10 FULLY CONTAINERISED309 words
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Advertisement1150 1991-09-02 40 11 THONG SOON LINES PTE. LTD. I 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERV.rrfi SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA KSSEL [MY [ETA IIEST VESSEL VOY (mk1,150 words
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Advertisement772 1991-09-02 41 xBHL de vapores "PERUVIAN STATE LINE" ACC£PTM6 BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, HO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH MLL Of LADING. Penanf* P. K«Unf Srjjport EH* SHAPIAEVERETT 08/09 S«pt 10/11 S«pt TMOOMSEVEXETT 02/03 Oct 04/05 Oct OS/OS Oct KM«fV£«£TT 16/17 Oct W?\ "EVERETT ORIENT772 words
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Advertisement520 1991-09-02 41 fa Ivor IstooihawUP bi to to hrc In I m STVET 12* l/l 2M BOM 14/10 Z3/1B 17/10 10/10 U/M m «ww u« u/t m bom ii/h a/i» 77/10 19/10 11/10 ON miouw 2131 21/0 m ioehca 23/10 1/11 VU 7/U 0/11 MILfXANMA IK N/l BNMOKA 21/10 1/11 S/ll 7/U520 words
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Advertisement576 1991-09-02 41 MULTI-MODE SHIPPIM PTE LIB MIDDLE-EAST/PERSIAN QULF ACCEPTING FCL/LCL DUBAI DAMMAN. SHARIAH. DOHA, MUSCAT. BAHRAM. ABU DHABI. BANOAR ABBAS. JCOOAH FAR EAST ACCEPTINO FCL/LCL PtNANG P/RELANG. JAKARTA, BANGKOK. HONG KONG. TAIWAN. JAPAN. MANR.A. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN ALL OTHER576 words
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Advertisement540 1991-09-02 41 "W PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY DERAJAT 952 03/09 06/09 PRASETIA 195 A 05/09 08/09 PELOPOR 1004 07/09 10/09 DERAJAT 953 10/09 13/09 PRASETIA 197 A 12/09 15/09 TANTO UTAMA 191 08/09 11/09 TANTO UTAMA 193 16/09 19/09 TANTO540 words
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Advertisement351 1991-09-02 41 SM Fit EAST 9/9 KEELUNG/KAOHSIUNG 8/9 BANGKOK 6/9 MANILA/CEBU 6/9 JAKARTA/BELAWAN/SURABAYA 7/9 PORT KELANG/PENANG/E. Malaysia 8/9 BUSAN 9/9 TOKYO/YOKO/KOBE/NGO/OSA 8/9 HONG KONG S|N CHHU 8/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo §{N EtttOPE/BK 7/9 LDN/FLX/LVP/SOU 7/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 6/9 LOS351 words
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Advertisement920 1991-09-02 42 CU FIL CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BANGKOK VI SIN/MADRAS V»L SIN/CALCUTTA VIL StN/BANOKOK SH MM SM JH (Hi jd JK u| POT AVMUBU 30-31/01 01/09 14-15/09 l«T AVAILABLE 30-31/01 0( 10/09 10-17/09 NEXT AVMLAOLf mPt 31/01 31-31/00 05-00/09 14-14/09 M-00/M 12-17/09 23-24/09 31/00 03/09 10-11/09 17-19/09 25-20/09 12-13/09920 words
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Advertisement467 1991-09-02 42 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 3 SEPT ALSO ACCEPTING CARGOES TOPORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 3/9 10/9 lAXARTA CONTERM EDEN 3/9 10/9 PENANG CONTERM A. BHUM 1/9 S/9 PORT KELANG CONTERM SEROJA 31/» 7/9 EUROPE CONTERM HJ. OAKLANO 3/9 1/9 AUCKLAND CONTERM467 words
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Advertisement493 1991-09-02 42 CflO PENANG— KL: allied-LINK SINGAPORE: Xqzlr 04-*****2 03-*****55 778 6522(22 linesi WEft Marina Org Suaan Ng/Phlllp Kaa Irene Chang/Eathar Yap 1 (rt I v* CURTAIN BROTHERS SHIPPING PTY LTD EXPRESS SERVICE TO/FROM PAPUA NEW GUINEA CONTAINER/LCL/BREAKBULK SERVICE spore l. ¥3/616 15/06/61 POM/HON/RAB/LAE PETE* SJf V2SB 25/06/61 **K/MAO/LAE/POM/TS¥ E. STAR ¥4/615493 words
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Advertisement430 1991-09-02 42 I i i MANILA ETA ->• VIGOUR PACIFIC 44N8 31/8 VIGOUR SINGAPORE BNB 7/9 BANGKOK 1/9 8/9 BUSAN 3/9 16/9 HONGKONG 3/9 16/9 DURBAN/PT LOUIS 17/9 28/9 r KEELUNG 2/9 9/9 U.S.A. 2/9 9/9 PT. KELANG 2/8 8/9 KOBE 1/9 8/9 PIRAEUS 2/9 12/9 OSAKA 4/9 11/9 JAKARTA 3/9 5/9430 words
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Advertisement842 1991-09-02 43 vOc vOc Oc Oc vOc vQc vOc NEDLLOYD YOUR GATEWAY W VAN OMMEREN CETECO GROUP V M u iu iflfl-J > transport division > T Nedlloyd Lines TO EUROPE/MEDITERAMEAM IN 1992 0 VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOLIDATE WITH WORLDWIDE NETWORK V J Weekly FCIACL Services To/From <• W Rotterdam/9121842 words
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Page 43 Miscellaneous
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Miscellaneous292 1991-09-02 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 MM 07N MOO ******************** 1400 *****600 **********00 2000 2100 2200 2300 JR 08 1.2 1.7 1.9 2.1 2.0 1J 15 1.2 1.1 1.0 1.2 1.4 1.8 2.3 2.6 2.7 2.6 2.4 1.9 1.5 1.1 0.9292 words
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Advertisement860 1991-09-02 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NOBTH-WEBT TOB WT Ml M. M LMHAUL WT LBH OAK »A 1M HAM. WT TCM/gA HI MM WW 211 133 02/00 03/00 05/00 H. COMUNSt 2X 30/9S 03/10 M/M MMPASCAL 02E 02E860 words
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Advertisement181 1991-09-02 44 RASH QUOAN&SINGAPORE TWICE WEEKLY SAUNQS (THEIBATI VESSEL VOY P.GUDANG S PORE JOSINDO SATU 030S 02/9 03/9 031S 06/9 07/9 032S 09/9 10/9 033S 13/9 14/9 034S 16/9 17/9 035S 20/9 21/9 RASIR GUDANG SINGAPORE (D 7) *****0/*****1 (02)534-0042 SINPASIR GUOANG-SIN CONTAINER SERVICE VESSEL SIN PG SM SEA ADMIRAL 7/9 7/9181 words
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Advertisement502 1991-09-02 44 CHARTPOINT Every Saturday in Business Times This Week's Vessels Departure Australia 5/09 Indonesia 3/09 Philippines 8/09 Bangladesh 8/09 Italy 4/09 Spain 4/09 Belgium 8/09 Japan 5/09 Sri Lanka 7/09 France 4/09 Korea 9/09 Taiwan 5/09 Germany 8/09 Malayaia 3/09 Thailand 4/09 Holland 8/09 Mid-East 11/09 UK 8/09 Hong Kong 5/09502 words
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