The Business Times, 4 September 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Wednesday, September 4, 1991 75®
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  • NEWS SUMMARY
    • 57 1 JAKARTA Singapore Airlines plans to start direct flights to Surabaya in East Java in December, the company's Jakarta branch general manager Chan Seek Fun said yesterday. The maiden flight will take place on Dec 1. SIA plans to fly the route
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    • 60 1 BELGRADE Fighting in Croatia erupted anew yesterday and officials in the breakaway Yugoslav republic accused the federal army of randomly killing civilians. The Croatian Defence Ministry claimed that army tanks went on the rampage on Monday in Berak, south of Osijek, killing 40
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    • 39 1 THE GDP of the Asia-Pacific could outstrip Europe and the US by the end of the century, says a former Shell employee who was conferred the honorary degree of Doctor of Laws yesterday Page 2
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    • 29 1 THE FUTURE of Thailand's economy will depend on the well-being of the Asia-Pacific region, says National PeaceKeeping Council deputy leader General Suchinda Kraprayoon Page 7
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    • 18 1 THE Philippines has agreed in principle to a new debt reduction package Page 7
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    • 26 1 BRITISH Prime Minister John Major and Chinese Premier Li Peng have signed an agreement to build a new Hongkong airport Page 8
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    • 23 1 SOUTH KOREA and China are close to signing trade and investment guarantee agreements following talks last week in Beijing. Page 8
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    • 25 1 WHILE higher stamp fees may be prohibitive for the man-in-the-street, they could also have the beneficial effect of preventing frivolous suits Page 12
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    • 19 1 ACTRESS Katharine Hepburn decides to be candid in a new book about her life. Page 17
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    • 22 1 AN ASEAN cargo transportation study, aimed at improving multimodal transport in the region, is currently underway. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 37 1 WALL STREET prices rose in early trading yesterday, boosted in part by a firm bond market. The Dow Jones average of 30 industrial stocks was up 6.94 points to 3,050.54 after one hour of trading.
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    • 25 1 SHARE PRICES in London were lower at midday yesterday. At 1117 GMT, the broadbased FTSE 100-Share Index was down 10.2 points at 2,669.4.
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    • 20 1 MIDO TEXTILES is preparing for a listing which it hopes to get in three years. Page 3
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    • 34 1 GROUP earnings at Hwa Hong Corporation improved by 30 per cent to $6.32 million for the six months ended June 30, in spite of a fall in turnover Page 3
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    • 27 1 THE OPERATOR of the world's largest surface nickel mining activities intends to expand its annual capacity by 30 per cent in two years. Page 4
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    • 36 1 THE ASSOCIATION of Banks in Singapore (ABS) has disputed the basis of a survey which a US-based consultant firm claimed to have done on Indonesian funds parked in the ACU market Page 6
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    • Article, Illustration
      28 1 Tuesday Change BT-MGA 693.40 +1.60 Kuala Lumpur 560.05 0.% Tokyo 22,469.80 +0.79 Hongkong 4,025.07 +1.53 Sydney 1568.6 f-29.7 Monday Change New York Closed London 2,679.62 +33.9
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    • 22 1 Exchange rates USS SS 1.7175 100 Yen S$ 1.2592 MS S$ 0.6171 Money market rates Overnight 4% -1-3/8 3-month 5-1/8 unch
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    • 40 1 London Gold AM fix US$349.15 USS 1.55 Rubber S pore Oct.... 138.50*/kg -0.50 M'sia Oct 225.50*/kg -0.50 KL rm Turnover 56 tonnes +6 Spot MS 15.15 /kg unch Crude palm oil Turnover 1147 lots +189 Sep MS803 /tonne 3
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  • 389 1  -  First time in more than five years that fares have not gone up By C K Tan SINGAPORE In the face of a still sluggish leisure travel industry, an airlines' fares regulating body has decided to hold prices steady till at
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  • 117 1  -  By Salil Tripathi SINGAPORE The Old Lady has taken off her veil and looks like a resplendent debutante. Beach Road is aglow with the pastel shades of lights that have begun illumi- nating the Raffles Hotel, the mascot of Singapore before Kucinta was even bom.
    Picture by Arthur Lee  -  117 words
  • 622 1 SINGAPORE The Asian Wall Street Journal (A WSJ) will start circulating again in Singapore from Oct 1. The Ministry for Information and the Arts yesterday announced that it had approved the newspaper's application to circulate in Singapore under the Newspaper
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  • 125 1 Reuter KUALA LUMPUR Malaysia plans to set up six sites to develop specialised hightechnology industries and spread industrial development across the country, the head of the government's Economic Planning Unit said yesterday. The six sites will provide infrastructure facilities and utilities catering to the needs
    Reuter  -  125 words
  • 464 1 Crisis in the Soviet Union Agencies MOSCOW Russian President Boris Yeltsin declared yesterday that Russia would never seek to dominate the new union of republics that he and Soviet President Mikhail Gorbachev are trying to build. He also announced that the Soviet
    Agencies  -  464 words
  • 104 1 THE PROPERTY market appears to be doing a tricky balancing act as it moves down from its bullish peaks and enters the next phase. Developers are trying to juggle supply so that the widely expected glut can be avoided while investors and home buyers
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  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • 73 2 THE SINGAPORE Armed Forces chief of defence force, Lieutenant-General Winston Choo, was yesterday conferred a Thai royal award, the Prathamabhorn Chang Puak (Knight Grand Cross First Class) of the Most Exalted Order of the White Elephant. The award was presented by General Sundhara Kongsompong,
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      • 76 2 THE SECOND minister for defence, Dr Lee Boon Yang, declared open phase 2 of the Air Force Museum in Cranwell Road yesterday. The museum is one of two that the SAF has. The other museum is the Navy's museum at the Sembawang camp. The
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      • 49 2 THE National Software Competition '91 is open to both amateur and professional computer enthusiasts. With the theme "Creativity in Software Design", the competition has three categories business, learning and game software. The entries will be judged by a panel drawn from educational institutions and the industry.
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      • 86 2 SINGAPORE'S first fully-equipped diabetes centre will open on Sunday at the Balestier Medical Centre (BMC), Singapore's latest private hospital. As part of BMC's policy of promoting an "ambulatory care service" which emphasises day surgery, the Diabetes Centre's main function will be to train and stimulate patients
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    • 187 2 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) is embarking on an institute-wide technology planning programme to enable it to stay on the leading edge of technology. The plan calls for the establishment of new technical centres and the expansion of existing capabilities. An
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    • 452 2  -  NUS Convocation '91 Asian markets seen to be larger than either European or N American markets in 30 years By Lilian Ang THE gross domestic product (GDP) of the Asia-Pacific region as a whole will outstrip that of Western Europe and the US by
      452 words
    • 341 2  -  By Carolyn Lim COMBINING its own innovations and the best features of other universities may be the best way for the National University of Singapore to meet the needs of Singapore, in the view of NUS vicechancellor Lim Pin. NUS
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    • 236 2 IN RECOGNITION of his role as a top banker, civic leader and public benefactor, Tan Chin Tuan was yesterday conferred an honorary Doctor of Laws degree by the National University of Singapore. Mr Tan, 82, who is honorary life president of OCBC Bank,
      236 words
    • 324 2 THE Workers' Party yesterday said it would support the People's Action Party if the ruling party "now unshackles its controls over our institutions so that they could become institutions of a democratic society worthy of a free people". In a press statement
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    • 519 2 Chok Tong must not over-react, say some papers REGIONAL newspapers, reacting to the results of last weekend's Singapore General Election, said it would be wrong of Prime Minister Goh Chok Tong to see the outcome as a rejection of his more
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    • 286 2 SHELL Singapore, which launches its new marketing centre in Pan dan Road today, plans to sell its Woodlands South site, where much of the group's inland distribution facilities used to be located. Marketing director Sim Cheok Lim said yesterday that the Woodlands site
      286 words
  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 314 3  -  Company may list on Sesdaq or go straight to main board By Sangeeta Mulchand SINGAPORE Mido Textiles, best known for its whol-ly-owned retail subsidiary China Silk House, is preparing for a listing which it hopes to get in three years. The company has
      314 words
    • 393 3 SINGAPORE After more than a year on the drawing board, China Silk House will start selling its products and image abroad, but under the name of newly set-up sister company Si An International. Si An will be the second Singapore fashion company to
      393 words
    • 445 3  -  By Lee Han Shih SINGAPORE Former Singapore-based businessman Oei Hong Leong has emerged as the last link in a chain of share transactions on Honshu Paper Co, a chain that also involves three speculator groups and Susumu Ishii, one of
      445 words
    • 327 3  -  By Colin Tan SINGAPORE Office space at Marina Bayfront, Marina Centre Holdings (MCH)'s only office building, is likely to be all taken up when it is ready for occupancy early next year, group general manager Chua Peng Chye said yesterday at
      327 words
    • 261 3 SINGAPORE Dollar Sweets Holdings Ltd Group, the recently acquired Australian subsidiary of Jack-Chia MPH (JC-MPHX has managed to pare its losses in the year ended June 30. The group posted a loss of A 5633,000 (*****,890) in the period under review, down
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    • 366 3  -  By William Chia SINGAPORE Diversified edible oil manufacturer Hwa Hong Corporation has managed to turn in improved interim earnings despite a fall in turnover. The company, which released its unaudited interim results yesterday, said that group earnings improved by 30 per cent to $6.32 million for
      366 words
    • COMPANY BRIEFS
      • 137 3 SINGAPORE Tasek Cement Bhd yesterday posted a 14.8 per cent rise in net earnings to M 526.3 million (Ssl6 million) for the year ended in June, on the back of a 14 per cent rise in turnover to M$ 183.3 million. The
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      • 62 3 SINGAPORE The authorised and issued share capital of GK Holdings' wholly-owned Hongkong subsidiary has been raised to HK$2O million (554.4 million) from HK$lO million. This was achieved through the allotment and issue of one million new ordinary shares of HKSI each. These shares rank on
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      • 95 3 SINGAPORE CSA Holdings yesterday released details of a share purchase by its substantial shareholder, Mr Hans Joachim Schreiber in the name of the 999 Fund Corporation. The purchase of 888,000 shares on Aug 30 brought the 999 Fund's stake in CSA to 7.8 million shares,
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      • 51 3 SINGAPORE Singmarine Industries director Fong Ying. Yew has accepted the option to subscribe for 20,000 ordi-; nary shares in Keppel Corporation at $6.90 per share on* Aug 29. Mr Fong has a total share option in Keppel Corporation of 100,000 shares under the Keppel Share Option
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      • 23 3 SINGAPORE Mr Ong Tat Leong has resigned "as a director of Apollo Enterprises Ltd and Apollo Centre Pte Ltd.
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    • 174 3 MBT KUALA LUMPUR IJM Corp has acquired a 58 per cent stake in Worldwide Ventures, whose subsidiary, Sheffield Enterprise, will develop a higher educational centre and a satellite township in Penang. IJM Corp said in an announcement to the Kuala Lumpur Stock Exchange that
      MBT  -  174 words
    • COMPANY BRIEFS
      • 64 4 HONGKONG Hongkong trading giant Jardine Matheson Holdings Ltd is considering a partial float on the London stock market of its wholly-owned JIB Group insurance broking unit, a company source said. "We are considering the possibility of a partial flotation. We would imagine the
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      • 73 4 MELBOURNE Mining giant CRA announced yesterday a 49 per cent slump in net profit to Asl37 million (S$ 184 million) for the six months to June 30, blaming the fall on lower metal prices. The result, which compared with As27o million in the same period
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      • 65 4 TOKYO Japan's Takashimaya Co announced plans on Monday to open a department store in Taipei by the end of 1993 in a joint venture with automaker Yeu Tyan Machinery Mfg Co. The 12-storey shop will be the biggest in Taipei with parking space for 2,000 cars
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      • 66 4 SYDNEY Australian building manufacturer Boral announced on Monday a 34 per cent slump in net profit in the year ending June 30, to As2ll million (*****.8 million), due to the economic recession here and overseas. The result compared with a net profit of A 5322
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      • 41 4 KUALA LUMPUR Plantation-based Gula Perak Berhad will be setting up a construction division soon to capitalise on the current buoyant construction industry, its chairman Haji Megat Najmuddin bin Datuk Seri Dr Haji Megat Khas said.
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    • 704 4  -  Bullish sentiments on the market will power expansion From William Chia in JAKARTA PT INCO, which operates the world's largest surface nickel mining operations, is bullish on nickel prices and intends to expand its annual capacity by 30 per cent to 99 million
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    • 276 4 Bernama KUALA LUMPUR Public Packages Holdings Bhd, which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, on Monday signed an underwriting agreement with Malaysian International Merchant Bankers Bhd for the public flotation of its shares. The
      Bernama  -  276 words
    • 247 4 JAKARTA PT Perdana Jaya Nugraha, a subsidiary of the Salim Group, acquired all shares of Deutsche Hyderwerke GmbH Rodleben (DHW) in Rosslau in the former East Germany for about 270 million deutschemarks (***** million) in May. The Treuhandanstalt Bul- letin reported in
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    • 591 4 MARKET TALK Reuter TOKYO A stock market recovery usually means reaching and surpassing old highs. But for Tokyo stock analysts, an end to seemingly endless weakness would be enough. For Tokyo punters, 1990 was one long crash and 1991 has proved one
      Reuter  -  591 words
    • 303 4 AFP SEOUL South Korea announced yesterday longawaited guidelines for the opening of its stock market, but foreign securities firms remained perplexed by the lack of details. The Finance Ministry announced that foreigners would be allowed to invest directly in the local market from
      AFP  -  303 words
    • 447 4  -  By William Chia SINGAPORE PT Wisma Dharmala Sakti (WDS), the property arm of the diversified Dharmala Group, is undergoing a major restructuring to coincide with its upgrading from Jakarta's over-the-counter market to the main board. WDS was delisted from the OTC
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    • 235 4  -  From Geoffrey Harris in MELBOURNE SINGAPORE investor Daniel Tan has reportedly withdrawn from an A$l2.7S million (5517.2 million) deal to buy a Perth hotel. However, Sime Darby Australia Ltd is said to be interested in acquiring the hotel. The Weekend Australian newspaper
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    • 393 5 Reuter LONDON Redundancy costs, recession and the Gulf war have pushed advertising group Saatchi Saatchi Co pic deeper into the red in the past six months, analysts said. The group, a success story during Britain's 1980s economic boom and one
      Reuter  -  393 words
    • 422 5 Reuter LONDON Troubled UK leisure firm Brent Walker Group pic said it and Irish property group Power Corp were close to agreeing on an unwinding of their joint venture Walker Power Corp Ltd. "The management of Brent Walker is hopeful they will be
      Reuter  -  422 words
    • 190 5 Reuter TOKYO Netherlands Car BV, a joint venture by Japan's Mitsubishi Motors Corp, Sweden's AB Volvo and the Dutch government, may buy car engines from French car-maker Regie Nationale des Usines Renault. The company is considering using engines made by Mitsubishi, Volvo and
      Reuter  -  190 words
    • COMPANY BRIEFS
      • 118 5 LONDON Westland Group pic shares advanced 4p to 139 in early trading yesterday on continued rumours that British Aerospace pic may be considering a bid for the helicopter manufacturer. TTie rumours followed speculation that BAe is planning a rights issue, and news
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      • 90 5 MUNICH Luxury car-maker Bayerische Motoren Werke AG (BMW) yesterday denied plans to launch a bid for British aircraft engine maker Rolls-Royce pic. "BMW has no plans to take over Rolls-Royce," said company spokesman Harry Roegner. "I can't imagine where this rumour is coming from. Rolls-Royce stock
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      • 69 5 LAUSANNE, Switzerland The Tetra Pak Alfa-Laval Group said it identified ways to help develop the Soviet Union's food distribution system and would now seek financing from Western governments and banks. Jorgen Haglind, spokesman for the privately-held group, confirmed a Financial Times newspaper report that it
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      • 62 5 COPENHAGEN East Asiatic Co Ltd AJS said on Monday that its graphics division, EACgraphics, had taken over AB Gust Carlsson Co, which markets graphics equipment in Sweden. EAC did not give the purchase price, but said Gust Carlsson, part of the Kongsbo Industri AB group,
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      • 112 5 NOISY-LE-GRAND, France More than 1,000 people joined the queue here on Monday in the hope of a job at Europe's biggest theme park as Euro Disneyland opened up recruitment ready for next year's opening. The management said it was planning to sign up between 60
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    • 253 5 Reuter LONDON Shares in the "rump" of Racal Electronics pic the assorted defence, communications and security businesses left when Racal Telecom is demerged will be lively ahead of the formal separation of the two parts in two weeks' time, analysts say. The
      Reuter  -  253 words
    • 285 5 Reuter BRUSSELS Belgian retailer Ets Delhaize Freres et Cie "Le Lion" SA said in a statement on Monday that it expected 1991 profit to be higher, excluding the effect of the US dollar. It gave no figures. In 1990, Delhaize's consolidated net profit rose 17
      Reuter  -  285 words
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  • Page 4 Advertisements
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  • FINANCIAL NEWS
    • 357 6  -  By Quak Hiang Whai SINGAPORE The Association of Banks in Singapore (ABS) has disputed the basis of a survey which US-based consultant firm AT Kearney claimed to have done on Indonesian funds parked in the Asian Currency Units (ACUs) market. In a response
      357 words
    • 560 6 Japan's financial scandal Reuter TOKYO The Japanese government appears to be taking a tougher stance towards stock market improprieties in the wake of recent scandals. The Ministry of Finance (MOF) is reported to be finalising revisions to the Securities Exchange Law and is
      Reuter  -  560 words
    • 345 6 Reuter TOKYO Japanese broking houses are finding not only their images, but also their earnings, are being hard hit by scandals and a market slump that just will not go away. Spokesmen for Daiwa Securities Co Ltd, Yamaichi Securities Co Ltd and Nikko Securities
      Reuter  -  345 words
    • 347 6 UPI LONDON More than 3,500 of the rich individuals who use their wealth to back the Lloyds insurance market are expected to resign before the end of the year, while up to 3,000 more could be forced out because they are no longer rich enough, Lloyds
      UPI  -  347 words
    • SMALL CHANGE
      • 110 6 TOKYO The Bank of Foreign Economic Affairs of the USSR has eased Japanese fears of a foreign exchange crisis in Moscow by repaying part of a US$4OO million dollar (Ss6B7 million) loan on schedule, a Bank of Tokyo Ltd official said yesterday. The
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      • 108 6 HONGKONG Hang Seng Bank Ltd has opened a representative office in Shanghai, bringing to three the number of its China offices, China News Service said on Monday. Hang Seng Bank also has representative offices in the southern special economic zones of Shenzhen and Xiamen. The
        108 words
      • 100 6 PRAGUE The French Banque Nationale de Paris (BNP) and German Dresdner Bank have set up a joint trade bank in Czechoslovakia in line with a similar joint venture in Hungary, it was announced here on Monday. The two banks had decided to work together in
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      • 96 6 LISBON The Bank of Portugal on Monday abolished its system of fixing foreign exchange rates daily against the escudo in a further move to liberalise what is one of Western Europe's most highly regulated markets. Previously, representatives of the central bank and the country's commercial banks
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      • 88 6 STOCKHOLM Sweden's Skandinaviska Enskilda Banken (S-E-Banken) and insurance group Forsakrings AB Skandia yesterday said they resumed negotiations about a possible merger after a break in the talks for several months."We have agreed on a fresh round of negotiations with Skandia's new board. Before this year ends
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    • 432 6 Reuter WASHINGTON Congress is getting set to comb the workings of the US$2.3 trillion (Ss4 trillion) US Treasury securities market following the Salomon Brothers scandal, and the result is likely to be stricter rules for government debt auctions. Salomon itself, the government's system for
      Reuter  -  432 words
  • Page 6 Advertisements
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  • THE REGION
    • 486 7 Big potential in huge future regional markets BANGKOK National Peace-Keeping Council (NPKC) deputy leader General Suchinda Kraprayoon says the future of Thailand's economy depends on the well-being of the Asia-Pacific region which, in the future, will greatly influence the world economy. The Bangkok Post
      486 words
    • 572 7 Malaysian Business Times KUALA LUMPUR Exports of sawn timber from Peninsular Malaysia, which registered a drop of about 30 per cent in volume during the first five months of this year, are expected to weaken further in the second half.
      Malaysian Business Times  -  572 words
    • 207 7 Bernama KLANG Two Japanese sogoshosas will sign memorandum of understanding (MoU)with the Selangor state government for investment deals worth nearly Ms3oo million (SslB3 million). A Selangor government statement said the Chief Minister, Tan Sri Muhammad Haji Muhammad Taib, left for Japan on Monday to
      Bernama  -  207 words
    • 30 7 Protesters at a gun control rally march towards the New South Wales State Parliament in Sydney yesterday to demand the ban of all military style self-loading guns.
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    • 303 7 Reuter WELLINGTON Foreign Minister Don McKinnon said yesterday he wanted to end New Zealand's self-im-posed "cocoon of isolation" but was not prepared to repeal the anti-nuclear legislation which caused it. "We're now so introspective as a nation that we miss the world
      Reuter  -  303 words
    • 511 7 Reuter MANILA The Philippines has agreed in principle to a new debt reduction package with overseas commercial banks that could generate USS2.3 billion (Ss4 billion) over six years in debt relief and fresh funding. Central bank governor Jose Cuisia announced
      Reuter  -  511 words
    • NOTE BOOK
      • 101 7 TAIPEI Taiwan will encourage its businessmen to develop industrial parks in Vietnam to house Taiwanese factories making textiles, home appliances and other goods for export. The official Central News Agency on Monday quoted Chen Sheng-yi, deputy head of the government's Industrial Development Bureau, as
        101 words
      • 110 7 HANOI The economy of Ho Chi Minh City has grown by 5.6 per cent annually over the past five years, outstripping the national average, the official Vietnam News Agency (VNA) reported on Monday. Le Khac Binh, mayor of the sprawling southern city, told a
        110 words
      • 105 7 KUALA LUMPUR Malaysia is to have a new landmark, the Menara Kuala Lumpur, which will be the tallest concrete tower in the world. Information Minister Datuk Mohamed Rahmat said yesterday that the 420-metre tower, to be built on Bukit Nenas, would be the tallest of
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      • 95 7 CANBERRA The controversial visa stamp placed in the passports of Taiwan nationals visiting Australia will be reviewed, Foreign Minister Gareth Evans said yesterday. Mr Evans denied reports that the visa would affect an agreement signed between Australia and Taiwan in March this year for
        95 words
      • 106 7 JAKARTA Indonesian Mines and Energy Minister Ginanjar Kartasasmita yesterday urged the country's booming industrial sector to take steps to conserve energy. The industrial sector, which accounts for 37 per cent of the country's total energy use, could reduce its consumption by more than 10
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  • THE WORLD 1
    • WORLD WATCH
      • 131 8 LONDON Britain should pull out of recession before the end of this year, but the negative effects on jobs and investment will continue to be felt next year, according to a study by the Financial Times. The economy will grow only 1.7 per
        131 words
      • 80 8 TOKYO Japan's tax revenue in July totalled 5,560 billion yen (Ss7o billion), up 1.9 per cent from a year earlier. The Finance Ministry said on Monday that income tax revenue was up 7.9 per cent to 4,009.4 billion yen, while corporate tax revenue fell 11.5
        80 words
      • 66 8 HONGKONG China has recorded a trade surplus of U5516.48 billion (5528.3 billion) for the first eight months of this year ending Aug 20. Statistics from the Ministry of Foreign Economic Relations and Trade showed total exports for the period were U5535.54 billion, a rise of
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      • 88 8 BEIJING China's foreign debt grew by 27.2 per cent last year to reach U5552.55 billion (5590.4 billion), the official Xinhua News Agency has quoted a spokesman for the State Administration of Exchange Control as saying. The spokesman on Monday played down the importance of the
        88 words
      • 68 8 SEOUL Workers at the Hyundai Heavy Industries Co shipyard in Ulsan have agreed to end their week-old strike and accept a revised wage increase, company officials said yesterday. The 17,317 striking union members approved the wage offer on Monday afternoon and agreed to return to work
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      • 106 8 PARIS The French economy is benefiting from good "fine tuning on a bad structural framework", says the chief economic forecaster at Banque Paribas. Michel Develle said on Monday that next year, the French economy would grow by 1.8 per cent against one per cent in 1991,
        106 words
    • 336 8 Reuter WASHINGTON The International Monetary Fund is expected to approve an emergency loan worth about US$62O million (551.07 billion) for India later this month, say international monetary sources. They said on Monday that the compensatory credit would be used to offset
      Reuter  -  336 words
    • 193 8 AP NICOSIA, Cyprus Algeria is trying to ease its economic burdens by pushing a new oil policy that promotes foreign investment through production sharing and joint ventures, says the Middle East Economic Survey. The respected weekly newsletter said the investment envisaged by
      AP  -  193 words
    • 560 8 British PM touches on human rights issues in talks AP BEIJING British Prime Minister John Major and Chinese Premier Li Peng signed an agreement yesterday to build a new Hongkong airport, ending a long dispute that proved China's clout in the colony even
      AP  -  560 words
    • 314 8 AFP SEOUL South Korea and China may sign trade and investment guarantee agreements this year as a result of talks last week in Beijing, South Korean officials said yesterday. The talks between the two East Asian neighbours, which remain without diplomatic ties, were very
      AFP  -  314 words
    • 185 8 Reuter TOKYO The current profits of major Japanese companies in all sectors, excluding the banking and securities industries, in the year to March 31, 1992, are likely to fall 03 per cent from the year before, according to a major Japanese economic
      Reuter  -  185 words
    • 614 8 Reuter TOKYO Japan's high definition television (HDTV) system is already up and working at a time when the United States has still to decide on a format for the new technology and Europe's work on it is in its infancy. The
      Reuter  -  614 words
    • 563 9 Crisis in the Soviet Union Reuter WASHINGTON The Soviet Union will need tens of billions of dollars to reform and rebuild its shattered economy, but many economists believe that the money can be found without too much strain on the world economy. While some
      Reuter  -  563 words
    • 524 9 Reuter LONDON Estonia, Lithuania and Latvia, emerging from over 50 years of annexation by the Soviet Union, offer business opportunities but potential investors face many problems, analysts said. "There are business opportunities in the Baltics, but the journey will be long
      Reuter  -  524 words
    • 413 9 Reuter RIGA, Latvia The Baltic republic of Latvia, pressing towards independence from the Soviet Union, on Monday said it would offer tax breaks to attract foreign investment in tourism and other key industries. The deputy director of Latvia's foreign trade department,
      Reuter  -  413 words
  • Page 8 Advertisements

  • Page 9 Advertisements
    • 65 9 ■p^Oscars Oscars presents the best salad bar in town. 14 varieties of cold cuts and fresh salad at only 510.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy meal. Brasserie 6r Bar 30 Robinson Road, 81-00
      65 words
    • 209 9 This new chronograph has a mcchanical,. jl|| selfwinding movement. Its waterproof JSlb case is available in a variety of |gB combinations, such as steel, steel/gold g||l or silver with pink gold as well as in f|S| SI Sffi s°Hd yellow gold or pink gold. The face comes in a wide
      209 words

  • 472 10 EDITORIAL BRITISH Prime Minister John Major is on a delicate mission to China. The ostensible purpose of his visit is to sign a landmark agreement with Chinese Prime Minister Li Peng, which will pave the way for implementation of the controversial US$l6.3 billion (Ss2B billion) airport and port
    472 words
  • WHAT THE OTHERS SAY
    • 334 10 WHEN Singapore gained independence, the two main internal threats to its existence were communism and communalism. It is unfortunate that, while the former appears to have been contained, the latter persists as a fault line in Singapore society. The resilience of the communal factor was proved again
      334 words
    • 102 10 RUSSIAN President Boris Yeltsin has grown in power and stature after the recent failed coup. He has overshadowed Soviet President Mikhail Gorbachev and wants to do things his own way. He does not want Western aid for Soviet Union until things are more settled. But in what
      102 words
    • 76 10 EVERY Singaporean has similar duties and responsibilities towards the country and therefore the Government has to treat them equally. Any unequal implementation of policies will bring about unhappiness and this will not work to the advantage of the government. We should not feel disillusioned when
      76 words
  • REGIONAL VIEWPOINTS
    • 166 10 IN retrospect, it is clear that the Feb 23 coup was staged more for the military career of Gen Suchinda and his cohorts than any other reason. To claim now that it was done in response to public outcries against the Chatichai administration as Gen Suchinda claimed in
      166 words
    • 176 10 THE whole debate about where Jakartans should be allowed or compelled to do their shopping on weekends began as we may remember, when Hermani Amin Singgih, the head of the Jakarta Market Agency, PD Pasar Jaya, said that the city administration was considering banning supermarkets from opening
      176 words
    • 143 10 AN overriding task for the Diet session that resumed after the mid-August summer recess is discussion of measures to cope with the securities scandals. Diet members should realise that their responsibility is as heavy as the Finance Ministry's in ensuring probity in the securities industry. It is important
      143 words
  • 689 10  -  Neville Stack is convinced that Boris Yeltsin is not the latter-day saint that the more hysterical elements of the world media would have us believe Neville Stack The writer is a consultant and political commentator in England THE expressions that creep across the face of
    689 words
  • Page 10 Advertisements
    • 80 10 PVVVIfHWpVfSHVWMffI ■rIvATI 1 r W W fl H I L 1 w "4 J L yli "fl k L A i 1991SUPERTEMIS CHALLENGE CHANG EDBERG /r m JHT LENDL SAMPRAS Come experience "The Gash of the Champs! 0 Singapore Indoor Stadium September 27 28,1991 7:00 pm Tickets on sale at
      80 words
  • Page 10 Miscellaneous
    • 41 10 POONESBURV BY GARRY TRUDEAU THAfSRI6HT, DtAR... MCMN6BACKHOMS, BOY, I MISSBP YOU UM... NOSTAHX 'R&m> /715 UJHAim MOM OMINE! THE v GUYS 816 TIME! AND THANK PUUZe' The R£WRN OF YOUWN6 RZAI tOORU? [XPNT THE OL'HOMESTZAP. YOU.PCAR BOim' YOUR LONG-ICBT HE*s* M.I
      41 words

  • ANALYSIS
    • 1074 11  -  General Election '91... What went wrong in Hougang, Nee Soon Central and Bukit Gombak? Did the PAP fail to address the needs of the mainly Chinese population in these newer HDB areas? Mano Sabnani gives his views Mano Sabnani The writer is the Editor of Business
      1,074 words
    • 1245 11  -  Bilveer Singh suggests what should and should not be done in the light of last Saturday's results Bilveer Singh The writer is a political scientist THE PAP's gloomy evaluation of the election results raises the question of what actually went wrong. Opposition gains have to be
      1,245 words
  • Page 11 Advertisements
    • 214 11 Gateway to Europe. From 1993, Europe will be the world's on the extensive network of our five DG BANK GZB (Asia) Ltd., 6 Battery largest single economic region and yet a European sister institutions, with whom we Road 40-02, Singapore 0104, Telephone: market of many markets. With differences co-operate within
      214 words

  • THE LAW PAGE
    • 967 12  -  Higher stamp fees may be prohibitive for the man-on-the-street, but they could also have the beneficial effect of preventing frivolous suits. Selva Kumar reports Selva Kumar RECENT amendments to the Rules of the Supreme Court raising High Court stamp fees sharply have
      967 words
    • 486 12 CASE, NG TAI TUAN AND LOH CHAI CHON v CHNG GIM HUAT PRIVATE LIMITED: The High Court of the Republic of Singapore, Companies Winding-Up No 254 of 1989; Justice Chao Hick Tin. THE COURT was faced with a winding-up petition against
      486 words
  • Page 12 Advertisements

  • FOCUS
    • 1053 13  -  A priest who has been recording the atrocities of a war in Sri Lanka talks to Edward Gargan in the city of Batticaloa Edward Gargan NYT THE other day. Father Harry Miller walked into the parched scrubland outside the war-weary town of Batticaloa. He walked
      NYT  -  1,053 words
  • Page 13 Advertisements
    • 85 13 MORTGAGEE AUCTION 11 am Saturday 21 st September, 1991 On Site A South-West Tourism Development Opportunity as expansive as its views. forming part of the Abbey Beach Resort. Busselton, Western Australia Perfectly poised to capitalise on the rapidly expanding tourism treasures of Australia's South-West. ai Contact Joint Selling Agents. Eric
      85 words
    • 547 13 New Hotline Pocket, the most advanced handphone in town. I 1 u I I '-y I I flj IjHy^ I w^w-si Jl fciidl £y*% Ericsson Hotline Pocket is a compact and elegantly mFw* styled handphone that conies with the most advanced Like an ant thai can ZZZSUXZL? technology in mobile
      547 words

  • SPORTS 1
    • 1097 14 US Open NYT AP NEW YORK The birthday boy, still playing the inspired level of tennis he has attributed to demons, adrenaline and a recharged passion for his profession, turned 39 on Monday, and did it in style on the Stadium Court at the
      NYT; AP  -  1,097 words
    • 179 14 AP NEW YORK One of the three doctors who treated Jimmy Connors after his nearly five-hour match in the US Open described his performance as a miracle. "I really think it was quite miraculous," said Dr Gary Wadler, an internist and specialist in sports medicine. "I
      AP  -  179 words
    • 802 15 Reuter LONDON Sandy Lyle put it all down to rhythm. After hinting several times H over the past two years that a revival in his fortunes might be imminent, only to have his hopes quickly dashed, Lyle may finally have found the way
      Reuter  -  802 words
    • 437 15 World Championships AP PARIS France's 4xloo- men's relay team, sec-ond-place finishers at the World Track and Field Championships, faced blunt criticism back home on Monday for bad sportsmanship on the victory stand. "Poor I.oscrs" the French sports daily L'Equipe said in a front-page
      AP  -  437 words
    • SIDE LINES
      • 84 15 SPRINGFIELD, Illinois Pat Bradley's march towards a -.Bth career victory was interrupted when stormy weather halted play for the day on Monday in the LPGA Rail Charity Classic. Bradley, with a four-stroke lead and riding a string of three consecutive birdies that got her to 17-under
        84 words
      • 75 15 LONDON China's Xinmei Sui, winner of the World Student Games women's shot putt in July, has lost her gold medal after failing a drugs check. Xinmei, who tested positive for the anabolic steroid methandienone, is the first competitor in the 32-year history of the event to
        75 words
      • 121 15 RIO DE JANEIRO A live radio debate on the state of Brazilian soccer, featuring some of the game's top administrators. ended with brawling and an on-air death threat, the programme's presenter said on Monday. The Radio Clube de Pernambuco station was forced to take an unplanned commercial break
        121 words
      • 125 15 TEHERAN -In a further move to break its international isolation, Iran is allowing women to take up sports again but the Islamic Republic has ruled out mixed contests Two years ago, the revolutionary Komitehs in charge of enforcing Islamic code banned women from taking part
        125 words
  • Page 14 Advertisements
    • 44 14 g ■ft V f ?3«yvilV*^ > *?> SC? "t- J& JHSfifr-' v*'- sw Vrrjfl [o| j JK 41 1 3! H 4 rii- .aV->., v ji--1 i w I i f > r -v T FI f For the man wia. r H.IK' S( )!< I lie rcsiii!
      44 words

  • Page 15 Advertisements
    • 34 15 jfi mgr M O* l -l'o I Hk §H| ra&H j-^^2y> V jI |LiB><jJ I uifl )v>V' Vi H H ZH k MB *J^Sh>'.t H ft vfcs j jffjHp:3i l ■*"f l i^3s^*i<CLs3flHß^^^Bß^ 1
      34 words

  • Page 16 Advertisements
    • 146 16 WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. KING'S A M, :MBER OK GDI. MOTELS INirill f lavclock Road,
      146 words
    • 309 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $13.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      309 words
    • 191 16 We've spiced up Happy Hours. With renditions of old hits that'll whizz you back to the 50s Show on Mon W ABM •COLOURFUL «mVI TING Hear* knad Smgapnrr 0719 Trt 29R0011 An Italian Rendezvous At The Cafe Aladdin! Sample unlimited servings of Italian specialties for lunch and dinner at our
      191 words
    • 337 16 i I. II .1' J The GEORGE ROBERT All Stars Quartet jazz group at the Kasbah ff The quartet, formed by Swlaa saxophonlat George Robert to commemorate the 700 th anniversary ot Switzerland on a tour around the world, comprises four musicians George Robert (saxophone. Clarinet andOomposer). Edgardo "Dado" Moroni
      337 words
  • Page 16 Miscellaneous
    • 808 16 TELEVISION AND RADIO 1 "1 *1 "1 v Km*• Choice). 9.05 Potret Kasih— Debu-Debu IrUSINESSON RADiO; m n />/%/>! SW?*?' '-'7 <, 11-40 Dark Shadows (Drama). Kota 111 (Ep 6). 1 #I 1 111 11 d\ y tjl 1 111 11 I 1225 M Ck)S€ 10.00 World News at 10
      808 words

  • LIFESTYLE
    • 1359 17  -  Katharine Hepburn decides to be candid in a new book about her life. Caryn James meets the star and is completely charmed by her. Caryn James NYT Most movie stars come down off the screen for interviews. They walk into a restaurant, act at drinking a cup
      NYT  -  1,359 words
    • 435 17 CHATTERBOX GRETA Garbo's vintage Duesenberg J Victoria apparently isn't worth as much as a car collector, Jerry Moore, had expected. It attracted a high bid of only USS2.B million (SS4.B million), a tad shy of the US$3.5 million demanded by Moore, at the
      435 words
    • 264 17 Minister of State for Education Sidek Saniff opened the new. upgraded Discovery Centre at the Singapore Science Centre yesterday. The Discovery Centre, which has been operating since 1985, was upgraded at a cost of $200,000. Esso Singapore provided SI 15,000 for the project. The
      264 words
  • Page 17 Advertisements
    • 171 17 AND ENTERTAIN r^l \mqt Tuesday Chinese Savouries Friday Italian Raptures Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. A For reservations. SINGAPORE please call 732*1222 ext 1594* 16 Nass<m Hiii. Singapore iO?5 Telephone (65) 732 1222 Top CANTO Pop Sing
      171 words
    • 70 17 JSB& Take your pick from our gala buffet of varied cuisines, Discover a world of local favourites. Chinese specialities, French fare and Italian flavours. Plus zesty desserts and coffee or tea. And more importanly. it is not going to cost you the earth, just $17** for lunch and $21** for
      70 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4979 18  -  By Sylvia Wong BARGAIN-HUNTING and an unfounded rumour drove the stock market yesterday. With New York still closed for the Labour Day holiday, Tokyo's Nikkei Index barely changed and Hongkong's Hang Seng unable to gain momentum despite the signing of the
      4,979 words

  • 4077 19 Main Board OUE 660 4-20 *-3.1% Roth Inds 50* 605 20 3.4% SIA 200 1340 +20 +1.5% SIA Foreign 2000 20 +1.0% Shangri-La 565 +20 <-3.7% SAL-SIAF93 2000 205 +10 +5.1% FELS 50* 690 +15 +2 2% Jurong Ship 50* 935 +15 +1.6% OUT 236
    4,077 words

  • BT SHARE INFORMATION SERVICE
    • 178 20 CMvaay Dat» Ymt Groap Net Nat earnings Gross pram/loss (L) per share dMdmd (000) (cants) Alex HWgs Aug 26 Mar 91 $461(51.085) 2.3(5.4) 6(6) Malayawata Aug 26 Mar 91 M$50.395($31.216) 37 5(46.5) 7 5TE(2TE) Pelang. Aug 26 Mar 91 M$14,556($8,680) 9(5.4) 10(7 5a) Set Dredg Aug 26 Mar
      178 words
    • 154 20 Cm* a*y Date Year Groap pre-tax Hat aaraiags Crass •aa to praflt/lass (L) par shara dividend COM) (caats) CI Hofcbngs Sep 2 Jun 91 M$25,767($19,466) 33.5(264) 30(10) C Storage Aug 29 Jun 91 $28,680($41,302) 136(18 6) 13(10.7a) Rothman Inds Aug 29 Jun 91 $66,877($53,135) 39.9(31.6) 65(76) Tasefc Cement
      154 words
    • 635 20 B oatt Half-year Crwp pre-tax Interim am te profit/loss (L) «vM«nI ('•00) *SC Sep 2 Jun 91 M$260,649 ($230,207) UE Sep 2 Jun 91 $1,206($3,136) Spore Bus Sep 1 Jun 91 $49,024($25,116) 5(—) Apollo Aug 31 Jun 91 12.584 ($734) Cathay Pacific Aug 30 Jun 91 HK$l,315d($l,596d) 52.5(52.5)
      635 words
    • 465 20 Sep 2 Far East Levingston Shipbuilding has won itself a US$l million bonus from US-based Santa Fe Drilling Operations Inc for successfully completing an oil-rig. HKs^366b La, Ss3o2 agreement to se ,hree P r °P erties ,0 Chinses Estates for Shares of Metro Holdings will be traded on
      465 words
    • 779 20 Camat Ex Mu Date Tttal far Tctai fer NT—t dK. etoM ttoyMr U»T^ AM Am 51 (10) 28*0) Aug 27 NYA Sep 9 28* 5M Aln HUp 50c 6*(b) Sep 4 Sep 16 Sep 30 6* 6% ««50C 3.5*<b) Sep 13 Sep 27 Ort 25 35* 2.5% Avtaa
      779 words
    • 349 20 Main Board Last FuM Year Company Penod Date Year Net EPS Grots Net aranced ondhg (cants) if* proAt test ytar (SHOO) Corebos Interim Apr 27 Jul 91 126 200TE(a) 38,911 Spore Land Interim May 4 Dec 91 12.6 10 0 44.641(e) Tonf Mam Intern Aug 2 Dec 91
      349 words
    • 178 20 Company Rights Issue Wlon Onfrfor-four MJ2 00 per share Ex-date: Jul 16 Books dose: Jul 30 Acceptance t Payment Sep 10 Hjrd Fourfor-fwe A MJO 65 per start Ei-date: Jul 25 Books dose Aug 8 Acceptance Payment Sep 17 A* One-tor-two $080 per share Ei-date- Au| 13 Books
      178 words
    • 710 20 Company Corrvrno* pthti Crriw tori fcr om m+my than *5*5 Be 0fe 30/6/94 1 warrant plus HKJ100 casli Before 26/4/93 1 warrant plus $3.09 cash. Causeway Loan ZT Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus J0.77 nominal amount of
      710 words
    • 570 20 Company Rights Issue hk Pic Lid One-tor-two Q MS065 per start T«di One-tor one 0 S100 per stare Mton Issue of $90 978m normal amount of 15% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the base of *2 normal amount of Bonds for every
      570 words
    • 677 20 Wet i$ «t 03.W.S11 Cowvftiow fnro Prwniwn/ *5? 1 OpMomT' (d y ta A Sto !55 SS SS ixl** sr vain* 2 L I s ?r; i \n ?is sss ;s is 7 447 Causeway Inv 7 3 0 290 0 890 0 835 100 n?7
      677 words
    • 364 20 Eu Yan Sang Hofcfings Ltd: EGM at 38 Kim Tian Road, #03-00, Kim Tian Plaza, Singapore 0316 on Wednesday, Sep 4, at 11am. Fitt Metal Box Bhd: 16th AGM at the PJ Hilton Hotel, Jalan Barat ***** Petaling Jaya, Selangor Oarul Ehsan on Thursday, Sep 5, at 11am.
      364 words
    • 175 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index mi hM.. mirm /1/c/cm 1991 h h: 1565 58 (3/6/91) 199 bf ns/?2i! 1991 1149 08 (16/1/9D 990 L !!Si5 ncnm! 1990 1607 12 <2'/3/90) JSJST '«w« °K?2i !2* 1030 69 1988 £r 1043 86 2 22 J* 1177 87 <
      175 words
  • Page 20 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4272 21 NST SHARE PRICES failed to sustain early gains and fell back to close mixed to easier at the Kuala Lumpur stock market yesterday. A stockbroker said confidence has not been fully restored and after three days of firm trading, gains
      NST  -  4,272 words
  • Page 21 Advertisements
    • 64 21 □Corporate credit cards PGEBTOidays in Scotland Dlnvesting inTrn ifltropir^^ Yourßusiness Survival Kit We've sharpened our image and focus to help you tame your corner of the concrete jungle. A sleeker Singapore Business now gives you even better coverage of how companies in the Republic and beyond are stalking the opportunities
      64 words

  • TOKYO STOCK EXCHANGE
    • 2203 22 Reuter TOKYO STOCKS yesterday ended little changed. Program-trading kept the Nikkei average drifting up and down, while bargain-hunters and profit-takers played tug-of-war in the broader market. But the steadiness after three days of gains and the relatively healthy volume boosted sentiment,
      Reuter  -  2,203 words
  • STOCK EXCHANGE OF HONGKONG
    • 1876 22 Reuter UPI HONGKONG'S blue-chip stocks gauge, up and down like a yo-yo in slim, indecisive trade, ended little changed as investors awaited the close today of British Prime Minister John Major's official visit to Beijing. "People are waiting for news to come
      Reuter; UPI  -  1,876 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Rates cut sparks Aussie buying spree
      • 552 23 Jakarta Sep 3 Rupiah VoKW) Abda 2600 Ahap Insurance 4300 Alumindo Perkasa U 3700 Aqua Golden Missisip 9600 Argo Pantes 2800 150 435 Aster Jawa 1600 unch 40 Astra Graphia ***** Astra Int'l Inc ***** 750 995 Asuransi Bintang 4900 Asuransi Dayin Mitra 7000 Asuransi Jiwa Panin 9800 Asuransi Ramayana
        552 words
      • 84 23 INDICES TURNOVER Clow Sep 3 Previous AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1568.6 2406.1 925.7 90.9 1.537.5 2.359.0 907 3 566 29.7 46.4 16.8 -<-34.3 BANGKOK SET Index Turnover (billion baht) 720.78 4.18 723.08 5.49 -2.30 -1.31 JAKARTA Composite Index unav 303.50 MANILA Composite
        84 words
      • 350 23 In local currency In S$ In LSS Sep 2 Index day year S day S year S day year change change change change change change World 409.9 0.5 14.5 0.4 8.4 0.4 9.6 JEAFE 521.8 0.6 11.0 0.6 2.7 0.6 3.8 Europe 441.9 0.4 21.2
        350 words
      • 853 23 AN EASING in monetary policy sent Australian shares soaring across the board yesterday and took the leading index 1.9 per cent higher. Brokers reported a rush of buying orders after the Reserve Bank of Australia (RBA) cut official interest rates by one percentage point to 9.5 per cent in
        853 words
      • 287 23 NEW ZEALAND shares took their lead from London's record closing high and a cut in the Australian rediscount rate to end firmer on improved turnover. Brokers expect a better day todav, as positive sentiment set by London feeds into the US after a long weekend there. The NZSE-40
        287 words
      • 582 23 SHARE PRICES rose on news of a debt reduction package which commercial banks had offered the Philippines but anxiety over the US bases treaty clipped buying towards the close. The Manila Stock Exchange Composite Index closed 6.73 points higher at 1,022. "Buy orders dwindled towards the close because of
        582 words
      • 450 23 TAIWAN STOCKS finished lower on profit-taking in the last hour, but dealers said expectations of lower interest rates would limit further falls. The weighted index lost 48.09 points or one per cent to end at 4,625.59 compared with Monday's 4,673.68 close. Turnover was a moderate NT$26 billion against NT527.9
        450 words
      • 799 23 BANK and hotel issues were the two most active sectors in Thailand as most share prices underwent corrections after strong rises in the past six trading days, brokers said. "Overall sentiment in the market is still good," a broker at Ekachart Finance and Securities Co said. The hotel sector
        799 words
      • 822 23 SEOUL'S stock index recovered from a fall below the psychologicallyimportant 670 level in the morning and closed higher on buying of short-term financial companies. "Stocks fell under 670 as adverse economic factors continuously pressured the market but late institutional buying along with individuals levered the index to recover in
        822 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Upbeat outlook sends UK shares soaring
      • Article, Illustration
        1441 24 Sep 2 Close Prrnous NEW YORK Dow Jones Closed 3,043.60 SAP 500 395.43 Turnover (million) 143.4 LONDON Financial Times 30 2.108.3 2,079.5 +29 FTSE 100 2,679.6 2,645.7 +33.9 Turnover (million) unav 288.9 FRANKFURT DAX Index 1,650.46 1.654.56 -0.04 AMSTERDAM CBS Tendency Index 91.6 91.2 +0.4 PARIS CAC-40 1.863.52 1,864.26 -0.04
        1,441 words
      • Article, Illustration
        947 24 THE London stock market on Monday surged to a new record high, encouraged by a survey showing industry bosses expect an economic upturn next year and the improved showing of the ruling Conservative Party in a leading opinion poll. The blue-chip Financial Times Stock Exchange 100-share Index, which gained
        947 words
      • 324 24 DUTCH SHARES ended a listless session mixed to firmer on Monday. Most investors kept to the sidelines, waiting to see how Wall Street would open yesterday after its Labour Day holiday on Monday, dealers said. "Nobody is inclined to take up large positions, turnover is extremely low," one trader
        324 words
      • 258 24 GERMAN SHARES ended a thin, uneventful Monday session narrowly mixed as operators clung to the sidelines amid a shortage of new domestic and foreign trading factors. But market sentiment was generally positive. "Volume was minimal. Some traders were hanging around their desks, looking bored," said a dealer. Relatively large
        258 words
      • 212 24 PARIS STOCKS were little changed on Monday in quiet trading in the absence of any indication from the US markets, closed for the Labour Day holiday, as France returned to business as usual after the summer vacation period. The CAC-40 Index ended the day 0.04 per cent lower than
        212 words
      • 269 24 UNCERTAINTY about the August settlement, delayed because of the 85 billion lire missing stock scandal, kept most investors on the sidelines and Italian shares closed lower in thin volume on Monday. The MIB Index dropped three points, or 0.28 per cent, to close at 1,077. The index was down
        269 words
      • 190 24 PRICES on the Stockholm bourse closed broadly lower in quiet trade where foreign advances failed to inspire investors, who seemed to prefer to wait for the outcome of Sweden's general election this month. The General Index fell 0.61 per cent to 1,078.93, while blue chips fell 0.7 per cent.
        190 words
      • 232 24 BELGIAN SHARES on Monday closed fractionally higher in light volume as traders squared positions before the start of a new trading account yesterday. Traders also said the rise was a technical reaction to bring Brussels into line with other European bourses and that there was some underlying buying interest
        232 words
      • 300 24 SWISS SHARES ended a quiet session slightly easier. Dealer said virtually all sectors closed lower although there was some buying interest in banks, while chemicals saw light profit taking after last week's gains. The all-share SPI Index eased 3.6 points to 1,118.8, while the SMI Index of leading shares
        300 words
  • Page 24 Advertisements
    • 33 24 The NYSE was closed for the Labour Day holiday. The reports for Johannesburg and Toronto were not available Managers must manage. BT shows you how every Monday Innovation Technology in BT every Tuesday
      33 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 580 25 AFP SYDNEY Australian authorities yesterday cut interest rates to a seven-and-a-half-year low, but economists slammed the easing as too large, mistimed and politically motivated. The share market surged by nearly 2 per cent and the Australian dollar shed more than half a US cent
      AFP  -  580 words
    • 450 25 Reuter BRUSSELS The Netherlands has launched new European Community (EC) currency treaty proposals for a European Monetary Institute to be created in 1994 to prepare for full Economic and Monetary Union (EMU), EC officials said on Monday. The Dutch, who hold
      Reuter  -  450 words
    • 863 25 REPORTS ASIA Tokyo: The dollar weakened in late Asian trade on some speculative selling yesterday but activity was slim with the market still fixed on US jobs data due on Friday, dealers said. Singapore dealers were mixed on whether the
      863 words
    • 1087 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 94.29 94.31 94.28 94.30 1684 ***** 1125 Dec 91 93.98 94.01 93.98 94.00 6099 ***** 3456 Mar 92 94.01 94.04 94.01 94.03 1444 ***** 2041 Jun 92 93.73 93.75 93.72 93.75 458 2554 121 Sep 92
      1,087 words
    • 387 25 Cross rates &p3 USS SS MS Dm Yen SFr AS NZS USS 1.7155 2.7835 1.7410 136.65 0.5921 1.5275 1.2853 1.7452 SS 0.5829 1.6226 1.0149 79.6561 0.3451 0.8904 0.7493 1.0173 MS 0.3593 0.62 0.6255 49.0929 0.2127 0.5488 0.4618 0.6270 Dm 0.5744 0.9854 1.5988 78.49 0.3401 0.8774 0.7383 1.0024
      387 words
    • 531 25 Interbank rates S$ Bid Offer Overnight 4 4 1/4 1-month 5 1/8 5 1/4 2-month 5 1/8 5 1/4 3-month 5 1/8 5 1/4 Overnight mode: 5-3/16 ISS Bid Offer 7 days 5 5/8 5 3/4 1 month 5 5/8 5 3/4 2 months 5 5/8 5 3/4
      531 words
  • Page 25 Advertisements

  • COMMODITIES
    • 387 26 Bernama KUALA LUMPUR The International Natural Rubber Organisation (Inro) buffer stock manager (BSM) stopped intervening in most rubber markets, especially in Kuala Lumpur, Singapore and Indonesia, yesterday as the Inro five-day moving average rose above the "maybuy" level of 176 Malaysian/Singapore cents per
      Bernama  -  387 words
    • 308 26 MBT KUALA LUMPUR With tin-mining activities badly affected by the weak market, production of tin-in-concen-trates in Malaysia this year is expected to be the lowest in post-war history. According to the Department of Mines, Malaysia's output totalled 10,904 tonnes during the January-June
      MBT  -  308 words
    • 799 26 REPORTS Hongkong: Gold closed sharply higher on short-cov-ering, but just below the in-tra-day high of U*****.30/80 an ounce, dealers said yesterday. Trade was generally thin. "Reduced selling interest sparked physical demand and short-covering, boosting gold prices today," a dealer at a local
      799 words
  • 1328 26 Rubber &p3 KM (t>> l» Mw| S cents/kg Noon Clot Int 1 RSS Prompt 137.75/138.75N 137.50/138.50N Int 1 RSS Oct 91 I38.7VI39.25 138.50/139.00 Int 1 RSS Nov 139.75/140.25 139.50/140.00 Int 2 RSS OP 137.50/139 50N 137.50/139.50N Int 3 RSS OP 136.50/138.50N 136.50/138. SON Int 4 RSS OP 132 00/134
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  • Page 26 Advertisements
    • 1012 26 _B_USJ_N ESS times TELEPHONE: 730-5771/5772/5773 FAXi 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF n IMA TEX MAftKETMQ (8) PTE LTD (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary Qanarai Meeting of the above named Company duly convened and held
      1,012 words
    • 392 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF NASONA INVESTMENTS (SINGAPORE) PTE LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 2110 Jardine House, 1 Con naught Place,
      392 words
    • 6 26 Innovation Technology in BT every Tuesday
      6 words

  • 982 27 CHy Flight ETA Flight ETD Aha DhaM GA895 1235 GA974 0001 GA886 0010 Mtklit QF81 2000 QF82 2200 SQ227 2245 Aatttardaai GA895 1235 SQ24 2200 KL837 1255 KL838 2240 AthWH 0A471 0020 0A472 2240 SQ35 1710 Auckland NZ21 1820 NZ22 1930 SQ388 2030 Baadar Sari SQ181
    982 words
  • THE TRAVEL PAGE
    • 627 27  -  POSTCARD FROM NEW ORLEANS By Roberto Suro Echoing down the streets of the French Quarter, the sounds of a jazz band performing in Jackson Square acts like a magnet, drawing people into this fine public space by the Mississippi River. The music from battered horns played
      627 words
    • 152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3314 1.3427 Canadian dollar 1.4897 I.SI23 NZ dollar 0.9726 0.9873 Sterling pound 2.8912 2.9159 US dollar 1.7135 1.7205 Local dollars to 100 units of foreign currency Austrian schilling 13.78 13.99
      152 words
    • 57 27 Duration Title Venue Organiser Td Sep 1-4 International Netherlands Koninklijke *****5591 Furniture Fair Nederlandse Jaarbeurs Sep 3-8 Furniture and Helsinki, The Finnish Fair *****5091 Interior Finland Corporation Decoration Duration Title Venue Organiser Td Sep 4-7 Cattle Asia '91 Bangkok Conference *****66 Intl Beef Exhibition Sl Dairy Cattle
      57 words
  • Page 27 Advertisements
    • 60 27 You've got nothing Tbulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe fro,m Paris to Prague. Call *****77 for details. We know Europe from start to Finnish. Find out how sellers are reaching out to
      60 words
    • 54 27 -'^SOIraHBii^BH f^S H^l jfwi j^B kjjtf Is there life after pregnane/? Can a woman regain her youthful shape after having a baby? IPMN9I Body Secrets goes behind the walls of a ItiSMB woman's only health club to find out iS&SSBI how mothers fight the flab of pregnancy NEWS, NEWSY From
      54 words
  • Page 27 Miscellaneous
    • 245 27 ACROSS —R —l R —l c e 1 Spot an African chief (9) 8 Marathon by the en11 Dandy-about fifty-is a fail- j T l 12 Introduction Rex put 13 Henry has nothing but an aura of sanctity ■■isTM 16 To draw level a real JH&_ 17 Cheese of unusual
      245 words
    • 193 27 Singapore Outlook: Showers over many areas in the morning. Report Maximum temperature 32.6 Assoc humidity 66% Minimum temperature 25.1 Assoc humidity 93% Hours of sunshine 9.80 Rainfall in mm 0.1 Rainfall this month 28.1 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Windy Bangkok 34/25 Fair
      193 words
    • 22 27 /IT'S V4€At>S DCU>N FROM TUG- fPMNQ VO\J —"THE UJ^GH Vhqqr uhqoPING i 7 ~s NSSSVS^S C EVENMQ STANDARD CO LTD IM2-IMI tV>4l>x.
      22 words

  • 445 28  -  Regional symposium on Asean and the Pacific By Kenneth James SINGAPORE An Asean Free Trade Area (Afta) is both feasible and desirable, but a deadline is needed to show that there is political commitment to the objective, according to a study of
    445 words
  • 190 28 SINGAPORE Thailand is planning to send a high-level delegation to the other Asean countries from next week to canvass support for a proposal for an eventual Asean Free Trade Area (Afta), participants at a regional symposium on Asean and the Pacific learnt
    190 words
  • 219 28  -  By Dexter Lee SINGAPORE Barely a month after it commissioned its second cellular mobile radio system (CMRS), Singapore Telecom is inviting tenders for another multimillion dollar system to cater for mobile phone demand beyond 1994. This time, Telecom is opting for a digital standard
    219 words
  • 391 28  -  From Schutz Lee in BANGKOK DEVELOPING countries need not be forced to choose between development and environment, said Thai Prime Minister Anand Panyarachun yesterday. What is needed is a well-thought-out strategy and plan for development that is in harmony with the environment, or concept of
    391 words
  • 231 28 AP KUALA LUMPUR Malaysia's new international airport will be built near Kuala Lumpur, in Sepang, Prime Minister Mahathir Mohamad told reporters yesterday. Sepang is an agricultural area that grows mainly rubber, oil palms, coconut, fruit and rice. It is about 35
    AP  -  231 words
  • 253 28 KUALA LUMPUR Kuala Lumpur is expected to face an oversupply of office space by 1994, a property consultant said yesterday. To accommodate this, Kuala Lumpur and its suburbs would have to absorb more than five million sq ft of space over the
    253 words
  • 520 28  -  By C K Tan SINGAPORE British Airways has ruffled an airlines' fares regulating body by starting a price war and Singapore Airlines has threatened to suspend all business dealings with travel agents found selling "illegal British Airways fares". SIA was so
    520 words
  • 274 28  -  By Joseph Rajendran SINGAPORE IBM Singapore has set up a new joint venture with Hong Leong Corp, this time to handle systems integration in the computer industry. It has also set up another joint venture with Hongkong's T A Consultants to provide software packages
    274 words
  • Page 28 Advertisements
    • 86 28 |H I The Richness Of Leather Handmade To Perfection. 11am Wednesday, 18th September, 1991 Orchard Hotel, Perth Huge englobo parcel with extensive estuary frontage. qI CENTRAL I PEEL INLET MANDURAH Western Australia 197.4 hectares Canal and dry lot subdivision potential 3km frontage to estuary Ikm frontage to new bypass road
      86 words
    • 212 28 W I IVIIIZIFREEEBCIII —II The Richness Ot Leather Handmade To Perfection A Feast That's Out Of This World, Need Not Cost The Earth. FOUR-VARIETY HORS D'OEUVRE ASSORTED COLD DISH FIVE COMBINATION COLD DISH SUPERIOR SHARKSFIN WITH BRAISED SUPERIOR SHARKSFIN TEOCHEW BRAISED SHARKSFIN ABALONE SUPREME ROAST SUCKLING PIGLET DEEP FRIED SOON
      212 words

  • Shipping Times
    • 407 29  -  By Rahita Elias Magdalene Phang SINGAPORE An Asean cargo transportation study, aimed at improving the multimodal transport in the region, is now underway. The Asean Committee on Transportation and Communications (Cotac) had commissioned the C 5750,000 (SSI.3 million) study, which
      407 words
    • 253 29 AFP TOKYO The global backlog in orders for ocean-going full containerships hit an all-time high of 430,000 twenty-foot equivalent units (TEUs), a report released here on Monday said. Nippon Yusen Kaisha's (NYK Line) 300-page "The World Containership Fleet and Its Activities" report said the
      AFP  -  253 words
    • 231 29 Reuter CANBERRA Australia plans to investigate the increasing number of vessels loaded with iron ore being lost or seriously damaged in high seas. "It is an international problem and everyone is worried about it," the Australian Maritime Safety Authority's (AMSA) chief naval architect
      Reuter  -  231 words
    • 188 29 Bernama MALACCA Malaysia's major ports will be expanded and additional equipment installed to meet the increasing demand for port facilities, Transport Minister Datuk Seri Dr Ling Liong Sik said on Monday. As the economy grew at a rapid rate, there was a need for additional
      Bernama  -  188 words
    • 1228 29 Page Coi J ABC Containerize 12 1 Accord Group 8 1-3 Aeropak 16 2 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian
      1,228 words
    • 382 29  -  By Selva Kumar SINGAPORE Australiabased Ansell International has become the first company to use the Australian transcontinental landbridge service using Fremantle as a distribution point for all shipments from South-east Asia. The news comes 18 months after the Fremantle Port Authority signed
      382 words
    • 247 29  -  Asia-Pacific Mobile Communications By Dexter Lee SINGAPORE A senior Singapore Telecom executive has suggested that Asia-Pacif-ic countries emulate their European counterparts' cooperation in promoting mobile communications. Mr Richard Fong, Telecom's vice-president of mobile communications, was referring to pan-European cooperation which has since led to the
      247 words
    • 571 29 Reuter LONDON A British defence company on Monday said it was developing blast protection systems that could make 21st century air travel safe from terrorist bomb attack. Royal Ordnance Pic, a munitions and weapons systems maker, said it had patented lightweight materials
      Reuter  -  571 words
    • NEWS SUMMARY
      • 48 29 A PENTAGON study concluding that cost overruns by McDonnell Douglas Corp on the Air Force's C-17 transport plane programme could be far higher than previously believed raised new concerns recently that the company could be exposed to potentially crippling losses Page 2
        48 words
      • 40 29 AFTER a slow start, an air fare war seems to be developing over the North Atlantic, though the real battle for the market has yet to begin, aviation analysts say. Back Page
        40 words
      • 41 29 THE Chilean Transport Minister banned about 4,000 10-year-old buses from driving in downtown Santiago from Monday in a measure aimed at lowering the high level of air pollution in the mountainringed city Back Page
        41 words
      • 42 29 THE heaviest Arctic freeze in a decade has put the vacation goal of more than 100 people who tried to sail through the Northwest Passage on ice until at least next year. Back Page
        42 words
      • 36 29 LOT Polish Airlines has purchased nine Boeing aircraft and said on Monday that it would try to sell its outdated and inefficient Soviet planes to the Baltic republics Back Page
        36 words
    • 778 30  -  A study has shown that McDonnell Douglas' C-17 programme may run into financial difficulties, reports Richard Stevenson Richard Stevenson NYT A PENTAGON study concluding that cost overruns by McDonnell Douglas Corp on the Air Force's C-17 transport plane programme could be far higher than
      NYT  -  778 words
    • 766 30 THE DRY cargo freight market on Monday was quietly steady with the US closed for Labor Day, brokers said. The Baltic Freight Index was up three points at 1,548. The biggest rise was on the transatlantic round where rates rose to U5511.79 a tonne, from US$ll.7O. Dreyfus fixed
      766 words
    • 333 30 OPTIMISM about an upturn in western aid to the disintegrating Soviet Union helped maintain firm freight rates over the past week. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index advanced 32 points to close at 1,545. News that a US$3l5 million tranche of US credits to
      333 words
    • 12211 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,211 words
    • SHIPS IN PORT
      • 541 45 ?tf m orth kmm Dqurtire Vesta I u MA aii ■> i toy no Mrm wnva utpjrure aiai ■■■In 1 1 iWiM 1 enmnai l Batam Baru 888 M05 alongside 03.09/2300 Batam Mafu *****1 M03 alongside 03.09/2300 Batammdo 1 89S M03 alongsrte 0210/1900 Btm Bahagia *****A M04
        541 words
      • 227 45 Jtfcoft Pwt Berth: 1: Sri Nam Hua N, Arttis Sirius; 2: Vigor; 3: Pinya; 4: Santaway; 5: Barge Sagittarius; 6: Blue Meadow. 01 jotty: Bunga Semarak, Shoryu Emmy. DCknd. (to on Sqrt 3: Setokaze, Geniki, Sunny Venture, Hati Baik. ftn on Sopt 4: Chuy, Hai Her* 88,
        227 words
      • 857 45 RECEIVING Of EXPORT FCt CONTAINERS AND LCI CAKGO Record Bootunc/Batanc* Rjfc Ship Voy No Etb/Btr Period From To From y P" 5 JW 06/1000 4 04/1200 04/1459 04/1700 %*forraq 2 05/1500 1 03/1500 03/1659 03/1900 3 04/0700 04/1159 04/1400 < 04/1200 04/1459 04/1700 OOflC 06/0700 4 04/1200 04/1459
        857 words
    • 478 46 Reuter LONDON After a slow start, an air fare war seems to be developing over the North Atlantic, though the real battle for the market has yet to begin, aviation analysts say. US and European airlines have been slashing autumn
      Reuter  -  478 words
    • 282 46 UPI SANTIAGO The Chilean Transport Minister has banned about 4,000 10-year-old buses from driving in downtown Santiago from Monday in a measure aimed at lowering the high level of air pollution in the moun-tain-ringed city. The older buses would still be allowed
      UPI  -  282 words
    • 149 46 UPI WARSAW LOT Polish Airlines has purchased nine Boeing aircraft and said on Monday it will try to sell its outdated and inefficient Soviet planes to the Baltic republics. Airline director Miroslaw Klimaszewski said the purchase of nine Boeing 737 planes will replace 18 Soviet
      UPI  -  149 words
    • 509 46 Worst Arctic freeze in a decade AP PRUDHOE BAY, Alaska The heaviest Arctic freeze in a decade has put the vacation goal of more than 100 people who tried to sail through the Northwest Passage on ice until at least next year.
      AP  -  509 words
  • Page 29 Advertisements
    • 20 29 Lines and services represented by Members of the Registry ef Accredited lor adverlisin# enquiries, contact Shipping times: let /O)- WH9//40-2090.
      20 words
    • 177 29 The SpecialisH in underwater shipoare TEL: *****11 FAX: 862 4711 Container Schedule 17 Datfy 2 Index to Advertisers 1 9*pqmg Guide 10.11 Ships m Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Condrtnns 17 WeeWy 2 FIATA 1991 22ND FIATA WORLD CONGRESS 4 8 OCTOBER 1991 THE
      177 words

  • Page 30 Advertisements
    • 199 30 Ihere Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. i- r'Mi Jfe.-~ v Apy -v *> .-VW.'i v> V ilii i iMiijjjfr HiWl i Bfciin \ours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We
      199 words

  • Page 31 Advertisements
    • 2512 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX *****09 AIIMWW BOOKINGS TEL: *****34 *****58 IT Mil in H TERMINAL/CFS TEL: *****18-220 I' Cfinflj 'l PESAKA JARDINE SHIPPING AGENCIES SDN. BHD .J PORT KELANG TEL: *****18 FAX: *****91/*****88 PENANG TEL *****4 FAX *****1 CFS TEL *****6 MMHi Dedicated to
      2,512 words
    • 1989 31 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:
      1,989 words
    • 1600 31 WEEKLY SAILING TO MIDDLE EAST Trein Maersk V9TI3 Eta Sin 5/9/91 Vwwi Voy ETA ETD| Factor by Singapore M*ku, O-U DESTINATIONS to This week Mar an Meersk 9106 WHWWWIWWWWW—I 10/9 0000 HRS ■MMWM CFS 9/9 2359 MRS Kelang Peneng OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON
      1,600 words

  • Page 32 Advertisements
    • 1195 32 I A W A liW A V M A I ROTTEDAM/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 20/135 5/9 28/9 24/9 23/9 J|MM| BREMEN EXPRESS 04/335 8/9 25/9 27/9 30/9 1/10 jlJ[oi|df HONGKONG EXPRESS 03/136 12/9 5/10 1/10 30/9 *****131 KAGA 20/336 15/9 2/10 4/10
      1,195 words
    • 715 32 BEASPAC SERVICE DUECT SOUTH PACFIC SERVICE SIN NOU suv PPT COPIAPO 2601E8 3/10 18/10 20/10 25/10 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA 4 NUKUALOAFA DWECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX COPIAPO 2601E8 3/10 7/11 8/11 14/11 15/11 ALSO ACCEPTMG CARGO TO ARtCA.
      715 words
    • 1501 32 RlmaMia un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE «L/WW SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) ®«/M 27/09 29/09 02/10 04/10 04/10 05/10 05/10 06/10 NORASIA SINGA 9126-3 06/09 30/09 02/10 05/10 06/10 06/10 09/10 10/10 11/10 22J52 5L^t t
      1,501 words

  • Page 33 Advertisements
    • 1748 33 i Steamers Maritime Holdings Ltd i W* P&O I fITJW STRAITS SHIPPING I i Containers! ggggSL"" 1 in» mm >110 30/0401/0901/09 05/09 22/w m/o» ?vo» *camo s ts SS2 uTo 06/09 E/S 26/09 "no SST'iA"* 04 Sw M£ M J TOKYO MY KM 11/09 0«/09 14/09 01/10 03/10 05/10 «NTm.
      1,748 words
    • 82 33 ttttftftttttftftftftftftttttftftftttttttttttttttftttttftftttft ft ,Ui I w s 33=5 SEACROSS REGULAR CONVENTIONAL SERVICE ft I SINGAPORE TO DUBAI/IRAN I A Loading SIN ft MV "GLORY STAR" V.l/ 91 15 SEPT 1991 MV "GRAND STAR" V.l/ 91 10 OCT 1991 80 ft S pore: Seacross Shipping Chartering ft T*fc *****51 Fax: *****70 The
      82 words
    • 1901 33 TO: U.S.A./PANAMA FM: U S A. PANAMA WMft/WT v o** to cm FM u* m» wye w»i vox wye mm s*» cm ia om F» CHO YANG NOftlD 1F135 7/t 2/10 4/If 13/19 19/19 29/19 22/19 **AMAM SfHATQB WAIT* 94/1 5«7f it/j 9/a 11/t 19 m CHO YANG GIANT 1F134
      1,901 words
    • 391 33 Rag® 5 umi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS |wv sp \n [wc fii 7 "m ao npt T 1 koushuh U ao wpt ni am 135 "I 1 "S COSMC PIONEER u~"iTS %j% T coa«c hade* il/j s/j T I COSMC MASTER 1 TITj 9/9 T
      391 words

  • Page 34 Advertisements
    • 624 34 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Kl/VOY S'PORf ROAM ADAM H BURG BREMEN ANTWERP KUTM/23W8 10/9 12/10 17/10 21/10 23/10 MATARAM 30WB 7/10 «/ll 14/11 11/11 21/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Aleiandrla. Genoa, Trieste. ALSO
      624 words
    • 951 34 V HANJIN SHIPPING ISporellEH ATM ANR HAM BRV FEL FEEK VSL UN LINE HAUL LGB OAK HANJIN OAKLAND 014W 4/9 22/9 23/9 24/9 24/9 25/9 ?6/9 FISHGUARD BAY 103£ 9/9 H. LE HAVRE 014E 7/10 10/10 HANJIN LONGBEACH 034# 8/9 26/9 27/9 28/9 28 9 29/9 30/9 M*NJIN SEATTLE 020E
      951 words
    • 55 34 *****^? REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS OPERATORS OP CAROO VESSEL. TUGS A BARGES SPECIALISE IN HEAVY-UPT, PROJECT CARGOES TO ALL JNDONBSIA, MALAYSIA. THAILAND. MUPINE PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUOS* BARGES. TEL: *****26 FAX: *****63 INDONESIA:
      55 words
    • 1100 34 snipping limes, Wednesday September 4 IMI -J T Ic W HIT 0* NGY SMZ TTO Ull CHS BAI NYC IMM um mi M M r m tra I lissks^lilfJlllilisgiiillliil 111 »V«m. BOSTW MMIOnu. *KOL*. mxmit. J) MONTWAI TORONTO VIA ICW YORK 8 ■2) »TlVr* CMCAOO. DETROIT COLUMBUS t OTHER MAJOR
      1,100 words

  • Page 35 Advertisements
    • 2087 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 jrjdF USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 BMt AUST/INDIA/PAK SERVICE *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 M NEPLINE SDN BHD MALAYSIA K.L.-I03) *****33. P.
      2,087 words
    • 1029 35 m 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 EAS TBOUND CXSCHARQNG TKANSHTfg) WA ROTTERDAM wnas wt law |w.< mc vor jaw |pkl |hbg
      1,029 words

  • Page 36 Advertisements
    • 1520 36 K** ICR No: **********0 M) Wd£ V W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD BJ TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 A 1 MVJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD l iIi ,4 PAVI 7 TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD
      1,520 words
    • 1123 36 OTJ PHIU-OftICNT UN€5 PTC LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****78/*****38 by air, land or 5ea..... WE TAKE ON THE WORLD FOR YOU qrjQ MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 10 SEP MONTREAL, OTTAWA, TORONTO, 11 SEP DUBAI, DAMMAN,
      1,123 words

  • Page 37 Advertisements
    • 1441 37 ;gg»|9*f PACIFIC INTERNATIONAL LINES (PTE) LTC *****55? m MMF PIL Building, 140 Cecil Street JKXHX). Singapore 0106. I [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN lunqV TERATAI 383 8/9 10/9 IS/9 PEGASUS PROGRESS MSN 5/9 S/9 12/9 BUNGA TERATAI 363 8/9 10/9 KOTA BINTANG 9127
      1,441 words
    • 1105 37 o/ BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 1} #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG PRANCE HOLLAND UK GERMANY/SCAN SWEDEN Ko™gan- 308 ln_Pt 20/9 21/9 23/9 24/9 Nlhon 306 8/9
      1,105 words
    • 542 37 MYANMA |A FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MYOMAYRA VI36R S»Hed Sated In Pt PINY* VU6R Sailed 5/7 Sep In Pt AVA VIIOW ft/11 Sep HPA-AN VI67W 15/17 Sep PAGAN VI7SR 21/23 Sep THE BANK UNI (A tervlc* of Andrvw W«lr Shipping)
      542 words



  • Page 40 Advertisements
    • 711 40 TO AUSTRALIA/NEW ZEALAND [»> Frtm Matt [ifS lAudi INPE |P CHALM smissn m u/j i»/9 2«/9 zt/9 J/io 5/10 t/10 "cr^OOUEITi 25/1 2/10 7/10 12/10 19/1* 22/10 ANTWOKN in IS/10 27/10 1/11 S/ll 10/11 12/11 11/11 MMTIM I 201 14/11 21/11 20/11 1/12 7/12 i/12 10/12 TO USA/CANADA i£ [si
      711 words
    • 942 40 EXPORTS TO HONGKONG, TAIWAN. MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUtC VOY PEL PEN »T SIN MNL HKG MO KEE TYO SM2 NGO KOB II VESSEL VOY |SW [fKL PEN 1W Sl~ TSK CHORUS 238 31.1 *»2.9 3.9 6 9 10 9 12 9 17.9 11.9 19 9
      942 words
    • 204 40 1 plrusahaan WHWHBR i)M KALIMANTAN r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA XXI Voy 19/91 4/5 Sep Jakarta/Palembant I NIAGA XXII Voy 20/91 5/6 Sep Jakarta/Palembani i > NIAGA 42 Voy 15/91 9/10 Sop Jakarta/Palembani I NIAGA XXI Voy 20/91 12/13 Sep Jakarta/Patembani l NIAGA XXN
      204 words
    • 1414 40 /tea +HisW is M 1 CHINA OCEAN SHIWH6 COMPANY FULL CONTAINER LINER SERVICE MWYSttS agents SINGAPORE'S GENERAL AGENTS ZTSVSFnink rs»w s s G pte LTO swraa P. KUWG TEI 30S10C/S TIX MA ***** *T (021)*1«37, 3CI7M PEMAG TEI 620*41 TLX IM ***** TELEX: RS 26M0/1 COSW FWt (g2) {21) j«*****
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  • Page 41 Advertisements
    • 526 41 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 AUCKLANO 12.9.91 FREMANTIE 11.9.91 SYDNEY/MELBOURNE 6.9.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 539-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN. KATHLYN TAY, SOPHIA BAY OH KAREN SIM FAST WRECT REGULAR SERVICE
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    • 476 41 Sf TEL: *****33 (12 Linos) FAX: *****15/*****03 DO J TELEX: RS ***** RISHIP (3 Lines) \\W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivoy eta loacnnq for SPORE ABVOT 25W8 22/09 DARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA ANDINET 25W8 18/10 DARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA
      476 words
    • 885 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA EM STOKE KMT KELANG PENANG ■UK «OE SAILED m Port Loading tor Male HUVAI HUDHU 10/9 Loading tor Calcutta DOtPWN 12/9 Loading For Male PIONEER amis 11/9 Loading For Male DONA* IX HI 15/9 Loaded For Feliwaru PROGRESS LBERTY 20/9
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    • 458 41 JAKARTA BANGKOK w Si JKT 1 |«MR |wr SSSWSI —ft < M |n_Pt 7/9 NANTA MM MM Thg 5/9~" Sw 1/9 NANA BHUM 107S 7/9 10/9 CHAIYA BHUM#* 22N Sat 7/9 Tin 10/9 6 5! W? 14/8 MARtN 02N Sat 7/» Nod 11/9 SHUM 10gS 14/> 17/> MAHA BHUM# 73N
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    • 349 41 tajgail THCR-UnE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SM TIGER CLIFF 03CS 05 06/09 14-IS/09 22-23/09 TIGER STAR 172N 10-11/09 17-19/09 25-26/09 TIGER BAY 173N 14-15/9 21-23/09 29-30/09 EAGLE CAPE 016 16-17/9 25-27/09 01-02/10 VSL VOY SMQAPORE/CALCUTTA/BMGAPORE VESSEL VOY SIN CAL SM EAGLE BREEZE 077 06-07/09 13-11/09
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  • Page 42 Advertisements
    • 909 42 I*a3 MAC-NELS S'PORE IMPORT: *****02 PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 jjjpSCAN/MED PORTS COLOMBO/S. AFRICA~j PEN PK SIN PEN PK SIN 5/9 6/9 7/9 Ldn/Flx/Rdm/Ant SSJ/R Loufe 7/9 8/9 9/9 Gothenburg /Stockholm/Oslo
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    • 42 42 OPS )rient Pacific Services (S)| Pte Ltd SIN LOADING FOR TBN 2-5 OCT Savannah. Charleston. Norfolk YANNIS II 15-20 OCT Lome, Tema. Abidjan, Dakar 80, Marin* Parade Road #05-15 Parkway Parade S pore 1544 Tel: *****11 Fax: *****11 Tlx: R3 ***** OP3BIN
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    • 347 42 iftefc BLUC STAR LINE TO FROM ft/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPI AKL ITT SJN PHOSPCCT 14$ 14/9 28/9 VIA NPt 2»/9 15/10 MA NO AM* 0504 21/9 3/10 VIA NPt 5/10 22/10 PREMIER 14S 29/9 11/10 VIA NPt 13/10 30/10
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    • 1063 42 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 0N 1 EN j SERVICES J SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA nSStL T 1"* VESSEL wv sporf
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  • Page 43 Advertisements
    • 1301 43 m Not [store E to Isav tore m SYOWY 12* 9/9 ON BOW 14/11 23/10 27/18 29/10 11/18 m GEMMA lis 14/* m BOM 14/10 »/lB 77/11 29/10 11/11 2M MEIMIWE 21JE 21/9 2M AMERICA 21/10 1/11 5/11 7/11 9/11 ZNUOAMWA Ml M/ 9 M MCMCA 21/18 1/U S/U 7/11
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    • 603 43 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCKPTINQ FCL/LCL DUBAI. OAMMAN SHARJAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN. MANIA. KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON, FELIXSTOWE. LEEDS. TILBURY. ABEROEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP GOTHENBURG. COPENHAGEN t
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    • 569 43 ~w PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOY SIN JKT BBY 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 PELOPOR 1005 14/09 17/09 TANTO UTAMA 191 08/09 11/09 TANTO UTAMA 193 16/09 19/09 TANTO
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    • 362 43 'FSBi SjN m EAST 9/9 KEELUNG/KAOHSIUNG 8/9 BANGKOK 7/9 MANILA/CEBU 7/9 JAKARTA/BELAWAN/SURABAYA 7/9 PORT KELANG/PENANG/E. Malaysia 8/9 BUSAN 9/9 TOKYO/YOKO/KOBE/NGO/OSA 8/9 HONG KONG SIN CHINA 8/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 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 8/9
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  • Page 44 Advertisements
    • 935 44 FIL CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BAN6KOK >'W/MAOWAt VBL SIN/CALCUTTA VSL SIN/BANGKOK SM MM SVi sn qui II WT A*AUK.£ K-Ot/OO 14-li/M 22 23/W NUT AMIABLE M-07/W 13-11/ M 24-K/W N€XT AVAH.ABIE OS Sep OS Uo 10-11/09 17-19/09 25-29/09 13-14/09 20-24/09 30-01/10 07 Sco 11 14-15/09 21-23/09 29-30/09 17-18/09
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    • 496 44 Bonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 6 SEPT ALSO ACCEPTWO CARGOES TO:PORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS U/9 17/9 JAKARTA CONTERM EDEN 10/9 17/9 PENANG CONTERM A. BHUM 1/9 15/9 PORT KELANG CONTERM SEROJA 7/9 14/9 EUROPE HANJM LONGBEACH 1/9 15/9 AUCKLAND CONTERM PROSPECT
      496 words
    • 451 44 w y 1" uv|rvcuivoi I9VI CUJI con-mv Gffi PENANG KL: allied-LINK SINGAPORE: SfflSr 0+*****2 09-*****55 778 6522(22 lines) Marina OnQ Suoin Koo Irono ChonQ/Etthor Y®p Wr CURTAIN BROTHERS SHIPPING PTY LTD EXPRESS SERVICE TO/FROM PAPUA NEW GUINEA CONTAINER/LCL/BREAKBULK SERVICE SPOKE E. RUBY *3/51$ 15/09/51 POOI/HON/RAB/LAE PETE* SIF V2SB 25/09/91 WWK/MAO/LAE/POM/TSV
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    • 436 44 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 KEELUNG 2/9 9/9 USA 2/9 9/9 PT. KELAWG 2/8 8/9 KOBE 1/9 8/9 PIRAEUS 2/9 12/9 OSAKA 4/9 11/9 JAKARTA 3/9 5/9 SURABAYA 3/9 9/9
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  • Page 45 Advertisements
    • 349 45 vQc vO c vO c vOc vOc \Oc vOc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: U THE ONLY CONSOLIDATE WITH WORLDWIDE NETWORK f] KJ Weekly FCIACL Services To/From U > USA EUROPE'?" S§| FAR EAST > Baltimore Vo<ainer Consolidation Services Hamburg- Van
      349 words
    • 586 45 Nedlloyd NEDLLOYD YOUR GATEWAY T Nedlloyd Lines TO EUROPE/MEDITERANEAN IN 1992 1 NEWZEALANO/FUI 2*S uekta,d 3<*> NJljiiiiut»i(A) Timani Tyttitonflj Dm*(B) Nap* Wefc|ton(C) Tawmfi N Rotterdam/9121 30/8 2/9 30/8 30/8 In Pt 7/9 20/9 23/10 22/9 23/9 24/9 24/9 25/9 26/9 27/9 N Rasario/9122 9/9 12/9 10/9 10/9 13/9 16/9 30/9
      586 words
  • Page 45 Miscellaneous
    • 267 45 TIDES AND WEATHER TODAY'S HOES (height in metres) HOUt 0000 0100 0200 0300 0410 0500 OMO 0700 MM MOO *****1M*****3M*****5M1600 *****8M1900 2000 21N 2200 23M 0.8 0.9 1.1 1.4 1.6 1.8 1J 1.8 1.7 1.5 14 14 15 17 19 7 7 8 jc jn ic PP 09 0.8 0.8
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  • Page 46 Advertisements
    • 778 46 fcHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EABTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fgpq wt hi r« lan ut haul wt low om a nt mm wt tch/sca ptl NAN HN 201 133 02/ M 03/09 M/M H. COMMANDED 2K 30/ M 13/11 OS/11
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    • 148 46 m PT. CELEBES LINES Vessel Voy Sin Sur Bontang Pacific 018 07/09 10/09 Bontang Pacific 028 14/09 17/09 Bontang Pacific 038 21/09 24/09 Bontang Pacific 048 28/09 01/10 FIXED DAY SAILINGS EVERY SATURDAY General Agents: Common Freight Carriers pte ltd. I K rtux M 2*029 FAX ******9. 22/1292 PASR QUOANG/SINQAPORE
      148 words
    • 450 46 ICHARTPOINT Every Saturday in Business Times BON APETIT y~ > ESyjHIJfeJ UK/CONTNENT [rw Inn kms ram ldi U M/1M VI W1 M/ 1 O/t MMm to Mmb. kmtmtm. M*. MMtoi cwniM/ni tn an nn an i/it IMIIVH MMM on U/1* 11/1 VM 1/M M/M Mama In! I 111 IMM mt
      450 words