The Business Times, 12 September 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Thursday, September 12, 1991 75*
    10 words
  • NEWS SUMMARY
    • 47 1 BANGKOK The Thai government yesterday signed a US$2OO million (SS34O million) contract with Shinawatra Computer and Communications for the country's first satellite. Shinawatra will operate Thailand's first national satellite system under a 30-year concession with an eight-year government protection period.
      47 words
    • 34 1 MANADO, Indonesia Indonesian President Suharto yesterday urged clove farmers to stop expanding their plantations, saying that further addition to output would only depress the local prices of the commodity.
      34 words
    • 25 1 A JOINT VENTURE between Daimei Plastics Japan and publicly-listed Intraco Ltd has invested $13 million to boost its Singapore operations Page 2
      25 words
    • 30 1 VENTURE capitalists who fail to appreciate innovation and instead worry only about the bottom line were highlighted at the National Science and Technology Conference yesterday Page 2
      30 words
    • 22 1 MALAYSIA is stepping up efforts to overhaul its services sector, says Deputy Finance Minister Abdul Ghani Othman Page 8
      22 words
    • 21 1 THE REJECTION of the US bases treaty by the Philippine Senate could result in widespread unrest Page 8
      21 words
    • 30 1 RAIDS by the US Customs Service on the 23 US-based offices of Chinese government trading companies have further strained ties between the US and China Page 10
      30 words
    • 36 1 ADVERTISING expenditure in Singapore totalled $352 million in the first seven months of this year, continuing the slowdown in spending trend which started in the second quarter, says Survey Research Singapore Page 15
      36 words
    • 20 1 ONE thing has touched the Venice film festival and that is the death of Frank Capra Page 19
      20 words
    • 21 1 INTERNATIONAL container operator P&O is set to trade its shares in Hongkong today. Shipping Times Page 1
      21 words
  • MARKETS SUMMARY
    • 46 1 PRICES were little changed in early trading on Wall Street yesterday as the stock market awaited clues on the direction of US interest rates. The Dow Jones industrial average was off 0.45 point to 2,982.11 as of 1430 GMT, an hour into the session.
      46 words
    • 48 1 LONDON shares were slightly higher at midday yesterday as bargain hunters picked up stocks following a 36-point fall in the main index in the previous two trading sessions. At about 1115 GMT, the FTSE 100-Share Index was up 2.8 points, or 0.1 per cent, at 2,633.6.
      48 words
    • 33 1 RMCA Reinsurance, an associate company of the Insurance Corporation of Singapore, has called off its proposed $30 million rights issue and will withdraw from the international reinsurance business Page 3
      33 words
    • 28 1 MALAYAN Cement Bhd has resolved a legal dispute with Malayan United Industries over MUl's proposed disposal of its stake in a Singapore cement manufacturer Page 3
      28 words
    • 26 1 A NEW TEST to screen prospective entrants to the forex industry will be introduced to ensure proper standards of business conduct Page 6
      26 words
    • Article, Illustration
      29 1 Wednesday Change BT-MGA 691.89 -2.63 Kuala Lumpur ....548.78 -3.82 Tokyo 22,504.79 +93.21 Hongkong 3,966.93 +7.66 Sydney 1,557.7 -0.2 Tuesday Change New York 2,982.56 -24.60 London 2,630.82 -22.4
      29 words
    • 22 1 Exchange rates USS SS 1.7015 100 Yen SS 1.2622 MS SS 0.6166 Money market rates Overnight 5-1/4 +1 3-month 4-7/8 -1/16
      22 words
    • 37 1 London Gold AM fix USS347.50 USJ-3.70 Rubber S'poreOct l37.25'/kg +0.50 M'sia Oct 224.50*/kg unch KL Tin Turnover 89 tonnes +40 Spot MS 15.13 /kg +0.04 Crude palm oil Turnover 1,213 lots +536 Sep MS803 /tonne +11
      37 words
  • 500 1  -  Blueprint for the 21 st Century •18 business parks 4 regional centres More than 130 MRT and light-rail system stations By Colin Tan Elaine Koh SINGAPORE The much awaited revised Concept Plan a blueprint for Singapore's development into the next century
    500 words
  • 632 1  -  By Lee Han Shih SINGAPORE Eleven plots of government lots will go on the block in the next few months in a test of whether the region's developers have enough confidence in the property market to fork out perhaps
    632 words
  • 177 1 JUST three months after raising its prime rate by half a point, DBS Bank is cutting it by a quarter of a percentage point. The new rate will be 7.25 per cent, effective tomorrow. Deposit rates for savings and autosave accounts will also be cut
    177 words
  • 158 1 KUALA LUMPUR Malaysia yesterday offered to expand bilateral military cooperation with the US if the American military is forced to abandon the Subic Naval Base in the Philippines. Defence Minister Najib Tun Razak said Malaysia was prepared to continue and expand "the coverage, frequency
    158 words
  • 135 1 Exclusive interview EVENTS in the Soviet Union have been a roller coaster of uncertain twists and turns since a hardline coup against Soviet President Mikhail Gorbachev failed last month. How will the crisis end? What will the implications be for Singapore and the region? Former Senior
    135 words
  • 280 1  -  By Selva Kumar SINGAPORE Chartered Industries of Singapore, the holding company of several of Singapore's weapons makers, is likely to be floated in due course. This would make it the second holding company in the Singapore Technologies Holdings Pte Ltd stable tipped
    280 words
  • Page 1 Advertisements
    • 275 1 Cassette Receiver C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone 235 1333 Kuata Lumper: Phone. *****33 Pmao#: Phone. 615 985/619 014 Jakarta: Phone. 374 065/380 1472 Advertising 15 KLSE 23 Weather 29 Arcraft Schedule 29 Money Changer Rates 29 World News 10 Commodities 28 Money Market 27
      275 words
    • 8 1 BT Investment Race: Today's coupon on Pg 4
      8 words
    • 7 1 Last-ditch effort in the Philippines, Back Page
      7 words
    • 130 1 tfodenstoch -JHUIIJ ir Business parks within technology corridors, Pg 2 Each regional centre will serve 800,000 people, Pg 2 Small investors stand out in SAE share offer, Pg 3 J v. j OKr a^SSHUHH ill Hf, I' MY BRIJNO MAGLI COLLECTION Sole Agent: Marlex Marketing Pte Ltd Tel: 734 9696
      130 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 65 2 THE SENIOR MINISTER of State for Trade and Industry, Mr Lim Boon Heng, said yesterday that the National Productivity Board aimed to promote quality in the coming decade. As guest-of-honour at a productivity seminar sponsored by IBM, Mr Lim said an attitude that frowned
        65 words
      • 38 2 ANOTHER FOUR oil companies last night raised their pump price for diesel by 2.5 cents to 49.9 cents a litre. One of them, Esso, said the increase reflected recent changes in wholesale prices.
        38 words
      • 63 2 THE FOURTH emergency transportation exercise begins today. More than 200,000 vehicle owners who have received notification cards can collect their fuel ration coupons from designated post offices. The ration coupons can be collected until Monday, Sep 16. Once the participants collect their coupons, they
        63 words
      • 76 2 PEOPLE ATTENDING any of the three exhibitions at the World Trade Centre this weekend will be able to use a special shuttle bus service. The service, from the PSA Building to the World Trade Centre, will run at 10-minute intervals from lpm on Saturday and 1
        76 words
      • 87 2 THE National Youth Service Awards, to be presented tomorrow, will be officiated by Dr Lee Boon Yang, Minister for the Prime Minister's Office and Second Minister for Defence. The awards are presented annually to recognise any person or group that has made an outstanding contribution in
        87 words
      • 94 2 THE ROLE OF ARTISTS in Singapore must be given prominence because their achievements complemented achievements in the economic sphere, Communications Minister Mah Bow Tan said yesterday. Speaking at the opening of a retrospective of the works of the late Cheong Soo Pieng, Mr Mah said
        94 words
    • 391 2  -  Blueprint for the 21st Century Parks will form technology belt similar to California's Silicon Valley By Elaine Koh SINGAPORE will have 18 business parks in the next century, within two broad "technology corridors", with long-awaited development guidelines for the parks to be
      391 words
    • 416 2 FOUR regional centres planned for the next 10 to 15 years will become major commercial hubs, each offering the equivalent of 11 OCBC towers, three Centrepoints, two Plaza Singapuras and four Mandarin Hotels. By the time the population hits four million, the
      416 words
    • 243 2  -  Plastics company opens new plant By Joseph Rajendran DAIMEI Plastic Singapore, a joint venture between Daimei Plastics Japan and pub-licly-listed Intraco Ltd, has invested $13 million to boost its Singapore operations. The figure was revealed by the Minister of State for Education, Sidek Saniff, when
      243 words
    • 268 2  -  National Science and Technology Conference By Carolyn Lim MANY venture capitalists failed to appreciate innovation and instead worried only about the bottom-line, delegates to a conference were told yesterday. As a result, some new companies found it hard to obtain backing
      268 words
  • Page 2 Advertisements
    • 106 2 b Make A j V First Class J f Booking! jfl v v| S* Travel agents, here's a good break for you! I j fej Because it's time for "HAPPY HOUDAXS" f JfJ I J again a special feature of The Straits Times S w I w t Classified, Lianhe
      106 words
    • 14 2 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.
      14 words

  • COMPANY NEWS 1
    • 609 3  -  By Dawn Tan SINGAPORE RMCA Reinsurance, an associate company of the Insurance Corporation of Singapore, has called off its proposed $30-million rights issue and will withdraw from the international reinsurance business. The company said yesterday that it has considered the option of continuing
      609 words
    • 448 3  -  F(om Leslie Lopez in KUALA LUMPUR MALAYAN Cement Bhd has resolved a legal dispute with Malayan United Industries Bhd (MUI) over the latter's proposed disposal of its stake in a Singapore cement manufacturer. Confirming a BT report on Tuesday, Malayan Cement yesterday said that
      448 words
    • 349 3  -  By Magdalene Ng SINGAPORE Malayan Banking officials expect a 15 per cent growth in group pretax earnings for the current financial year. Maybank vice-chairman Dato Richard Ho Ung Hun said he is cautiously optimistic about the banking group's prospects because Malaysia's economy is
      349 words
    • 356 3 MBT KUALA LUMPUR InterPacific Industrial Group Bhd and its subsidiary companies (including Beijaya Corp Bhd and Sports Toto Holdings Bhd) have received approval from the Minister of Finance to acquire up to 32.29 per cent in Malayan United Industries Bhd (MUI). However, the
      MBT  -  356 words
    • 347 3 Bernama KUALA LUMPUR Ho Hup Construction Company Bhd, which made a fair debut on the Kuala Lumpur Stock Exchange yesterday, is making a tender for six private construction projects worth MsBo million (5549.4 million). Executive director Low Tuck Choy said
      Bernama  -  347 words
    • 447 3  -  By Selva Kumar SINGAPORE Small investors strongly supported the Singapore Automotive Engineering share issue, and were duly rewarded with more than their rightful share of the public allotment. Investors applying for fewer than 10 lots (10,000 shares) were alloted 31.6 per cent
      447 words
    • COMPANY BRIEFS
      • 111 3 SINGAPORE Singapore Airlines will sell all of its 1.5 million shares in taxi operator Singapore Airport Bus Services (SABS) to Singapore Bus Service at $2.79 per share. This works out to a total sale price of about $4.2 million. SBS
        111 words
      • 32 3 SINGAPORE GK Holdings yesterday announced that Dr Ong Nai Pew had resigned as director of its subsidiary G K Goh Research, with effect from Sep 9.
        32 words
      • 75 3 SINGAPORE Flour miller Prima Ltd yesterday disclosed changes in substantial shareholdings. Two substantial shareholders, Cheng Tsang Man and Cheng Chik Kwong, have acquired 300,000 shares at $1 par value for each share. They paid $5.60 per share, or a total of $1.7 million, for the shares.
        75 words
      • 71 3 SINGAPORE Neptune Orient Line's guaranteed float-ing-rate notes for US$75 million will carry an interest rate of 5.93 per cent per annum for the three-month interest period from Sep 12 to Dec 12. The interest payable on Dec 12 against coupon number 24 will
        71 words
      • 39 3 KUALA LUMPUR Esso Malaysia Bhd has reported higher net earnings of M 572.2 million for the first half of this year, from M 543.5 million in 1990, chairman Datuk Charles Roxburgh said yesterday.
        39 words
    • 162 3 SINGAPORE Acma Ltd has signed an underwriting agreement with two securities firms relating to 14.7 million shares in Gold Coin a move to ensure Gold Coin keeps its listed status. The agreement was signed with Ong Company and OUB Securities, which have
      162 words
    • COMPANY BRIEFS
      • 108 4 STOCKHOLM Indian authorities have told Sweden they wish to drop the probe into the scandal in which the Bofors arms firm allegedly paid more than US$5O million (SsBs million) in kickbacks in 1986 to members of the ruling Indian Congress (I) party, a
        108 words
      • 66 4 TOKYO Japan's leading condominium builder Daikyo Inc expects current profit of 25 billion to 27 billion yen for the year ending March 31, 1992, down from its May forecast of 36 billion yen (***** million), due to a soft real estate market and rising costs from
        66 words
      • 82 4 GUETERSLOH, Germany Bertelsmann AG, among the world's biggest media concerns, said developments in the current 1991/92 year remained positive, after a 5.9 per cent rise in group net profit to 540 million marks (Sss4l million) in the year ended June 30. "For earnings, we are forecasting
        82 words
      • 58 4 TAIPEI Taiwan's state-run Chinese Petroleum Corp (CPC) will build an oil refinery in Malaysia in an NTS 33 billion (Ss2 billion) joint venture with two foreign partners, CPC officials said on Tuesday. It will be the first overseas refinery built by CPC, which monopolises crude
        58 words
      • 53 4 SYDNEY Australia-based international transport group TNT Ltd said it has agreed to sell its stake in Petroleum Securities Australia Ltd to Den Duyts Corp Pty Ltd for A50.16-a-share, or a total of A 52.27 million. The sale of 14.17 million shares represents all of TNT's holdings
        53 words
      • 66 4 FRIBOURG, Switzerland Switzerland's two biggest brewers, Feldschloesschen and Sibra, which between them control 52 per cent of the Swiss beer market, said on Tuesday they had decided to link up. The two said that the tie-up was designed to combat the increasing share of foreign
        66 words
    • 470 4  -  By Abdul Hadhi SINGAPORE Malaysian oil giant Petronas was among the 10 most profitable companies in the world last year, according to the American business magazine Fortune. Petronas ranked ninth, with a 343.3 per cent increase in annual profit to US$l.l billion
      470 words
    • 305 4 NYT DALLAS Exxon Corp has become the latest refiner to announce plans to invest millions of dollars in new plants to produce an essential component of cleaner-burning fuel. Analysts say the component, methyl tertiary butyl ether, could be in short supply for the
      NYT  -  305 words
    • 282 4 BANGKOK Hopewell Holdings is likely to receive unprecedented privileges from Thailand's Board of Investment (Bol) for its mass-tran-sit project, the Bangkok Post reported recently. Citing sources, the paper said the sub-committee examining the project, chaired by 801-designated secretary-gen-eral Staporn Kavitanonda, had found
      282 words
    • 370 4 Reuter CANBERRA Australia's Federal government has discounted aboriginal claims to approve mining of the 100 million tonne Yakabindie ore deposit, which is able to supply 3 per cent of the western world's nickel and cobalt. "Production could start in the second quarter of
      Reuter  -  370 words
    • 331 4  -  From Michelle Rowe in BANGKOK SEAGATE Technology in Thailand is standing firm in its refusal to reinstate 60 personnel sacked in August after the California-based company accused them of violating company rules, despite mounting pressure from Thai trade unions. A company spokeswoman claimed many
      331 words
    • 307 4 FT TOKYO Hitachi, Japan's largest electrical machinery manufacturer, has cut planned capital expenditure by 20 per cent in the year to the end of March 1992, in response to falling profits and weak demand for computer memory chips, the company said yesterday.
      FT  -  307 words
  • Page 3 Advertisements
    • 106 3 A BOLD DEVELOPMENT f ***** M |jjrttTTi^P^ST^B i^^B^^^^BWMHßßl^^^Bl |^^i^l!Blll!illME^r^B^^l^M 111 11 f 111 —^f^;'''' BBMKM|4||j|||l» ¥S?& 9 HMm,j tit 11 111 i^^RSM^H MB I M 111 MI M Bhi aw mil t i» I illii 111 IBP I 11 fi 1 j 1| 11ll <$ *J,h ,'";^i II ml wrn^A
      106 words

  • Page 4 Advertisements
    • 485 4 Kay Hian James Capel Holdings Limited ANNOUNCEMENT INTERIM RESULTS The directors of Kay Hian James Capel Holdings Ltd (the "Company") wish to make the following announcement:UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30TH JUNE 1991 Preforms Half Year Ended Half Year Ended Change 30/06/91 30/06/90 Company Group Group Group $*000
      485 words
    • 209 4 The money coupon below is worth W $20,000 in our BT Investment Race Contest #6. Cut it out and collect the A coupons daily from September 9 to 13, 1991 for a total value of $100,000. In the September 14,1991 issue of Business Times, tlil vlfvla you will find a
      209 words

  • Page 5 Advertisements
    • 638 5 CHINATOWN POINT The all-new t Singapore Handicraft Centre is now at the equally all-new CHINATOWN POINT scrolls, from wood carving to metallic etching, #02 62 Souvenir Station #02-70 -Yuan Arts Centre #04-52 *Yi Yuan I 1 cloth base art effects t0 lacquered surfaces. Souvenir Shop W2 60 From whites to
      638 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 120 6 NEW YORK Morgan Stanley Group Inc said on Tuesday that it is not engaged in any manipulation of the US Treasury securities markets in spite of rumours that the firm is under investigation in connection with alleged manipulation. Morgan said in a statement that it
        120 words
      • 68 6 OSLO Norway's Forenede-Gruppen insurance firm has agreed on an option to sell 9.97 per cent of the share capital in Norway's troubled Fokus Bank A/S to investment firm Investa by the end of the year, a bourse statement said on Tuesday. The option comprises 907,043
        68 words
      • 92 6 BASEL Danish central bank governor Erik Hoflfmeyer was named on Tuesday as the new president of the committee of European Community (EC) central bank governors, it was announced here. Mr Hoflfmeyer, 66, succeeds Karl Otto Poehl, who stepped down as governor of the German
        92 words
      • 79 6 WELLINGTON An Italian bank has found itself enjfehed in a political quarrel in the Cook Islands as millions are poured into an exotic hotel project WJ's never likely to be viable. As the 71.37 million marks million) is guaranteed by Rome, Italian taxpayers could
        79 words
      • 68 6 MR IS The value of French mutual funds (Sicav) rose by KbA billion francs (S$ 12.8 billion), or 2.8 per cent, in August Ig ,605.1 billion francs, according to figures compiled by the information agency, Europerformance. Net new subwere 27.9 billion francs, well above
        68 words
    • 447 6  -  Singapore Forex Market Committee conference By Quak Hiang Whai SINGAPORE Local finance institutions have to lift their game to stay competitive in the financial risk management industry, Lee Ek Ticng, the Monetary Authority of Singapore's managing director, said yesterday. A new test would
      447 words
    • 492 6 NYT WASHINGTON The Federal Deposit Insurance Corp on Tuesday reported the weakest second-quarter earnings for the nation's banking industry since 1987, but it said that the overwhelming majority of banks remained profitable. In his final report on the quarterly condition of banks, the
      NYT  -  492 words
    • 271 6 AFP SEOUL South Korean banking officials have cleared the Seoul branch of Indosuez Bank of breaking local laws on managing foreign exchange funds. The manager of the local branch, Jean Mallet, said in a statement on Tuesday that the central Bank of Korea's (BOK) investigations
      AFP  -  271 words
    • 330 6 NYT TOKYO The Big Foir Japanese securities firml, now in the midst of a of scandals, are likely to see great decrease in their ordinary incomes during the 1-to-Sep 30 period, sourctp for the four companies saUJ recently. One of the four,
      NYT  -  330 words
    • 406 6 AFP SYDNEY The Commonwealth Bank of Australia, which will be listed today, has announced a 45 per cent slump in annual net operating profit after bad and doubtful debts more than doubled. On Tuesday it reported a A 5272 million (about Ss36o million) net
      AFP  -  406 words
    • 566 6 The BCCI collapse Agencies ABU DHABI A key Abu Dhabi government department. headed by an official singled out in a report to the Bank of England as having knowledge of the fraud more than 18 months ago, was behind the detention of 36 senior
      Agencies  -  566 words
  • Page 6 Advertisements
    • 359 6 T fie wj zr 11 Texas Instruments microLaser. Fast, flexible, powerful* Introducing the 16ppm microLaser Superior paper handling. Easy no XL. It s fast, flexible and affordable. tools upgrade to PostScript. Now you can afford al6 page per minute Save time loading paper. Paper laser printer at Bppm price! drawer
      359 words

  • Page 7 Advertisements
    • 116 7 ■c Afl 11 When it comes to flying you to Europe everyday we've got our connections in 20 countries. As you are well aware, getting ahead in business means, to Europe everyday. From there we can take you to 61 cities in among otherthings, having the right connections. That includes
      116 words

  • THE REGION
    • NOTE BOOK
      • 90 8 JAKARTA Indonesia, which has said it will recognise the independence of the Baltic states, has warned that copycat attempts to split up its huge archipelago will be crushed. "There is only one country, the Republic of Indonesia," Defence Minister Benny Murdani was
        90 words
      • 80 8 JAKARTA US and French satellite photos show that about a third of Sumatra's forests disappeared between 1982 and 1990 and deforestation is likely to spread to other Indonesian islands. Bertrand Fleutiaux, a consultant to France's National Centre for Space Studies, said the "deforestation takes
        80 words
      • 104 8 MELBOURNE Australian Prime Minister Bob Hawke said he would not be disturbed if wage rises were around the 5 per cent level in the fiscal year to end-June 1992. Mr Hawke told a congress of the Australian Council of Trade Unions his government, as outlined
        104 words
      • 79 8 MELBOURNE Recession-racked Australia has found a novel way of doing business by going back to the old bartering system. The Barter Card, successfully launched by a local company in the northern state of Queensland earlier this year, expanded into the south-eastern state of Victoria on Tuesday. The
        79 words
      • 65 8 WELLINGTON Two former ruling National Party members of parliament yesterday launched the New Zealand Liberal Party, saying economic growth and "true democracy" were its aims. Hamish Maclntyre and Gilbert Myles quit the government last month in protest over its monetarist economic policies. Mr Maclntyre said the
        65 words
    • 309 8 MBT KUALA LUMPUR Malaysia is stepping up efforts to overhaul its services sector, long regarded as the "sick man" of the country's foreign trade. The Cabinet has ordered the establishment of a secretariat to oversee the implementation of the recommendations of the committee on invisibles
      MBT; Source: Bank  -  309 words
    • 381 8 AFP MANILA The Philippine economy performed well in the first half of 1991 despite a decline of up to 0.28 per cent in GNP, an International Monetary Fund (IMF) representative said yesterday. "Overall, we can say that the first half of this year has
      AFP  -  381 words
    • 518 8  -  Possible intervention by military, says expert By Salil Tripathi SINGAPORE The rejection of the US bases treaty by the Philippine Senate raises the possibility of widespread unrest, according to Peter Wallace of Business International, the global business information firm. Talking to BT after
      518 words
    • 241 8 BANGKOK Thailand is expected to improve on its economic growth next year as the global economic situation picks up, says the Bangkok Bank in its latest economic release. According to the bank's report, which was published in the Bangkok Post
      241 words
    • 421 8 BANGKOK The success of Thailand's Seventh National Development Plan depends mainly on political stability as the country's declining competitiveness has made the role of the government a key factor. The Bangkok Post reported on Monday. That was the conclusion of a
      421 words
  • Page 8 Advertisements
    • 300 8 u f -N_. j_S__T 1 M E s TELEPHONE: 730-5771 5772/5773 FAX: 734-4982 Assistant General The Marketing Division of j TL JM* Singapore Press Holdings, the |%/l M leading publisher of newspapers 1 W .1 and periodicals in South East Asia, has a vacancy for Assistant General f Manager (Sales).
      300 words
    • 109 8 No Suit Is Better Than A Suit With A Low Quality Cloth We'll show you what wooden a good quality fabric can do for you. We will not only help to make sure that what you wear will be the image you'll like to project; whether it it business meetings
      109 words

  • Page 9 Advertisements
    • 133 9 Hotel Properties Limited is pleased to introduce Four Seasons Park i A freehold development set in over 28,000 sq metres of parkland Call *****37 or *****58 to arrange your appointment for a presentation on the development. At the Givenchy Suite, Hilton International Singapore, between 11 to 25 September 1991. j\
      133 words

  • THE WORLD
    • WORLD WATCH
      • 96 10 NEW YORK In an attempt to protect a US lead in weapons technology, the Defence Department is proposing new controls on exports of computer work stations that have military uses. The department refused to comment on the curbs, but industry executives were
        96 words
      • 71 10 VANCOUVER, British Columbia The environmental group Greenpeace turns 20 this weekend and has plans to extend its drive as advocate of the environment more aggressively into Third World countries, among the most polluted areas in the world. Greenpeace Canada executive director Michael Manolson said on Tuesday the
        71 words
      • 89 10 SEOUL South Korea has asked Japan to be discreet in its move to recognise North Korea to avoid hurting inter-Korean talks, Seoul's foreign ministry said on Wednesday. Japan recently told South Korea it might recognise North Korea after both Koreas were admitted to the United
        89 words
      • 96 10 LONDON A majority of Britons would favour legalised brothels as long as the establishments were "small and discreet", according to a survey released on Tuesday. The Mori survey found 55 per cent of those questioned would back legal brothels. Of nearly 2,000 people polled, 33 per
        96 words
      • 108 10 ISLAMABAD Pakistan's Prime Minister Nawaz Sharif has expanded his 10-month-old Cabinet to a record 49 members in an apparent move to appease potential challengers. The premier on Tuesday brought in members of influential political families in naming 12 new ministers, 17 state ministers and one
        108 words
      • 96 10 UNITED NATIONS The permanent five Security Council ambassadors warned Baghdad on Tuesday that it faces serious consequences if it does not allow UN helicopters to fly over Iraq searching for secret weapons caches. In Washington, State Department spokesman Richard Boucher also denounced Iraq for not
        96 words
    • 421 10 US authorities seize money, goods suspected of illegal entry FT WASHINGTON US-Chi-na relations have received another jolt following raids by the US customs service on the 23 American-based offices of Chinese government trading companies, seizing money and millions of dollars' worth of goods
      FT  -  421 words
    • 369 10 FT MOSCOW Western foreign ministers have called for European states to have the power to intervene in the internal conflicts of Eastern Europe, using the present strife in Yugoslavia and gathering conflicts in the Soviet Union to illustrate their concern. Their proposals, still
      FT  -  369 words
    • 402 10 Reuter MOSCOW US Secretary of State James Baker, signalling an easing of Washington's position, said on Tuesday that a Soviet commitment to economic reform not actual implementation of reforms would be enough to open the door to direct US aid. "We will
      Reuter  -  402 words
    • 410 10  -  By Said Abdullah SINGAPORE The South Korean economy, with the weakest current account position among) Asia's newly industrialising economies, is in danger of overheating, according to a report by the Political and Economic Risk Consultancy (Perc). The pattern of Seoul's direct foreign
      410 words
    • 262 10 Reuter JERUSALEM Israel is showing signs it is preparing for a battle over US President George Bush's call for a US$lO billion (Ssl7 billion) loan guarantee for the Jewish state to be delayed. A senior government official said on Tuesday that Israel would
      Reuter  -  262 words
    • 324 10 Figures likely to worsen in 1992, say economists AP WASHINGTON Economists are expecting the deficit in America's foreign trade to almost disappear this year following a US$3 billion (SSS.I billion) surplus from April through June, the first back-to-back quarterly surpluses in nine
      AP  -  324 words
    • 311 10 Agencies WARSAW A row over lifting EC barriers on the import of agricultural goods and textiles from Eastern Europe is sowing bitter disappointment in Poland, Czechoslovakia and Hungary. The three countries, struggling for respectability and in dire need of new
      Agencies  -  311 words
  • Page 10 Advertisements
    • 166 10 Savour a true dining experience at Casatlanea Good food, excellent service and the finest selection of wines from all over the world; at sensible prices. At Casablanca, we take pleasure in offering our customers a truly remarkable dining experience. CASABLANCA^ WINE BAR St RESTAURANT 7 Emerald Hill Road Singapore 0922
      166 words

  • Page 11 Advertisements
    • 506 11 K_IS COMPOUNDING m technology pte. Ltd. REINFORCED ENGINEERING THERMOPLASTICS Total customer satisfaction An international compounder The right technology a effective utilisation of all o P ljsh our resources. Sraßk m Franklin L Jackson Hk Jk fIU itself as a premier d Executive supplier of custom Russell T Gilbert Vice-President compounded
      506 words

  • 490 12 EDITORIAL THE RECENT layoffs announced by four American banks and the closure of the Singapore operations of Continental Bank last fortnight must be seen in their proper perspective. There is no need for alarm bells; Singapore's strategic significance as a major regional financial centre is in no
    490 words
  • WHAT THE OTHERS SAY
    • 227 12 ALTHOUGH the Israeli government has promised the US that it will not settle Soviet Jews or spend American funds in Arab territories that Israel occupied after the 1967 war, the fact is that it is aggressively encouraging its population to move there by building new housing
      227 words
    • 94 12 FINANCING the National Technology Plan is not a problem. The challenge is how to get enough trained and qualified manpower to do R&D work. The government plans to play its part by giving scholarships and financial aid to those wanting to pursue studies in this area. But it
      94 words
    • 208 12 FROM the point of view of residents, town councils should not be too closely associated with political parties. If a constituency has to dissolve or re-orga-nise its town council after every general election or by-election, will the interests of its residents not be affected? The
      208 words
  • REGIONAL VIEWPOINTS
    • 122 12 IT MADE everyone sit up. The news that Cabinet had directed various ministries, agencies and departments to tap greater sources of revenue. To do so, they would have to don a business-like mantle at all levels of their respective organisations. And civil servants would have to metamorphose
      122 words
    • 218 12 IT IS of course well known by now that much of Indonesia's present problem is related to population growth. The most conspicuous result has been a rapid denuding of the land in many regions. One specific area that immediately comes to mind is the island
      218 words
    • 169 12 SOON AFTER the Feb 23 coup, two sub-com-mittees were set up to solve Bangkok's chronic traffic woes. One was to look into long-term solutions such as mass transit projects while the other was to find ways to improve traffic flow. Less easy to understand is the lack
      169 words
  • 714 12  -  Libyans are enjoying a new prosperity thanks to a rise in oil revenues. And with Colonel Gaddafi opening up the country to foreign imports Libyans are beginning to get a taste of the good life. Anne Senior reports Anne Senior Reuter Libyans, long cut
    Reuter  -  714 words
  • Page 12 Advertisements
    • 287 12 Catch the excitement of watersports at Boai&AqiiasportslM The Biggest and Most Spectacular j Watersports Show of its kind in Hooked for Four Dayt Featuring boats of every /I J size and for every purpose. Over eighty boats on y VttEL display from over a hundred exhibitors. Plus loads I V
      287 words
  • Page 12 Miscellaneous
    • 55 12 000NESBURY by garry trudeau yOU KNOUJ, SON, IF LOOK AT PERHAPS GOTTA RUN I )OUyt6OTffCU6H THESE CONSIP&.CWPPIN6 I THATp BE 1/UELL, PAP, TT3HK3H YOU IST Hfjl WHY NOT 7 W7&, OOP. INCNOURHOUSE- \HUMIUAnN6 SURE, TtPE! YO,MOM! OUT MS WkzONLY QjNSK&Z.BUYIN6A HOUPOES HOLP EXPENSES. FOR. YCU! YOU BUT... THANKS KIR. JAMS*
      55 words

  • ANALYSIS
    • 998 13  -  S Rajaratnam, who was once Singapore's Foreign Minister and later Senior Minister in the Prime Minister's office, shares his thoughts in an exclusive interview with BT Editor Mano Sabnani and Foreign Editor Walton Morais on the power struggle in the Soviet Unionwhat could be achieved if
      998 words
    • 608 13 IF Boris Yeltsin and Mikhail Gorbachev worked together to mobilise the considerable Soviet economic talent, then the country can realise its great potential and this could lead to an economic boom in the global marketplace for at least the
      608 words
    • 350 13 THE uncertain situation in the Soviet Union is buying time for hardliners in China who want to retain their privileges and are not keen on rapid reform, Mr Rajaratnam said. He said the Chinese leadership is not clear about which path to reform
      350 words
  • Page 13 Advertisements
    • 268 13 SINGAPORE M INSTITUTE OF MANAGEMENT (1) Training Design October 14 -18,1991 Ssl6oo SIM members/SslBoo non-members This workshop will explain the guidelines and rules in training design, including methods of assessing implementation. Key Topics: Write Training Aims and Objectives Choose Assessment Measures Structure Sequence Choose Methods and Media Estimate Time Specify
      268 words

  • Page 14 Advertisements
    • 273 14 >< .if ®2L:: r f "'-*•< i v; V. -&1b& TJgj What's Better -.•>-• i-C'- <<. Try: V-.V-^Y« r* >. m *•>.«#« „j». t WJ.'« ,y,lii|^) :T r, A For Them Is Better J v ~,.w .v- s J >' -.fv > r <•• >■* j> 1 .«V r f
      273 words

  • ADVERTISING & MARKETING
    • 461 15  -  Sangeeta Mulchand examines the facts behind the figures Sangeeta Mulchand Advertising expenditure in Singapore rose 13.6 per cent in the first seven months of the year, continuing the growth seen in recent years, but at a slower rate. According to Survey Research Singapore, advertising
      Source: SRS ADEX  -  461 words
    • 525 15  -  Hong Lee Tiam takes a look at incentive travel Hong Lee Tiam Rewarding top producers with trips is becoming popular with many companies that are result-oriented rather than market-led. At a two-day Society for Incentive Travel Executive (SITE) seminar this week, speakers from the incentive
      525 words
    • 218 15 AT the two-day Society of Incentive Travel Executive seminar this week, 120 regional participants beard what six delegates had to say about their experience in the lucrative incentive travel industry. With a turnover of almost US$6 billion (5510.2 billion) in the more
      218 words
    • 223 15 FUJI PHOTO FILM yesterday signed a 1 million sponsorship deal with the soon-to-be-opened theme park. Tang Dynasty Village. Under the agreement, Fuji will be the sole distributor of photo and video film in the Village. In exchange, Tang Dynasty Village will receive $600,000 in cash and about $400,000
      223 words
  • Page 15 Advertisements
    • 287 15 Top Industry Suppliers Under One Roof From the 25 28 September 1991, ChemAsia/ InstrumentA*ia/AnaLabAsia9l, the region's most important event for the chemical and process engineering and related supporting industries, \VMBrja gives you the opportunity to touch base with over 750 leading international suppliers from Europe to America and Asia. Included
      287 words
    • 19 15 if Ml wM m Iv J M H Hilill tM flail flPP^^W^^pp 4 f*T|TW2I MHH v ssk' r %»^^^VnR|BRR|BH^MMMK^^^H
      19 words

  • Page 16 Advertisements
    • 47 16 IIIIM *-2 mBSm v*. <3 HMMp fPwpll Al 5j |HH a A* H *.*.4 ■'t 11 .{r£ I i M**- With all good wishes to 4 I J; -V; ;|ai.-v; Mr C. K .Tang, J., v^ Chairman of C.K. Tang Limited, on his 90th Birthday. i BATEY
      47 words

  • SPORTS
    • 554 17 AP FORT WORTH, Texas Martina Navratilova made a settlement offer on Tuesday to a former companion who has filed a palimony lawsuit against the tennis star. Judy Nelson emerged from a courtroom late Tuesday and said she would consider the offer before deciding whether
      AP  -  554 words
    • 502 17 AP INDIANAPOLIS American gymnastics coach Bela Karolyi has an unsettling thought for those who would conclude that the political break-up of the Soviet Union will lead to athletic anemia. "The fear is that instead of trying to beat one Soviet team, now we may
      AP  -  502 words
    • 322 17 AFP INDIANAPOLIS A coach's .vision, a former polibrainchild and a healthy dose of enthusiasm have come together here this week to put the Australian women's gymnastics team within reach of an longawaited goal making it to the Olympics. Tian Ju Ping was
      AFP  -  322 words
    • SIDE LINES
      • 109 17 INDIANAPOLIS The Soviet men never left the outcome J in doubt on Tuesday as they won the team gold medal at the World Gymnastics Championships. The Soviets, who enjoyed 1 a comfortable lead of nearly four points over Germany after J the compulsories, moved through
        109 words
      • 90 17 NEW YORK German Davis Cup captain Nikki Pilic said on Tuesday that he chose newcomer Udo Riglewski to talrf the injured Boris Becker's place on his team because of the red clay courts on which they will face the US this month. Riglewski, a 25-year-old doubles
        90 words
      • 107 17 NEW YORK Two days after winning the US Open, 1 Monica Seles was introduced on Tuesday as the star of a new television advertisement. Seles, appearing older than her 17 J years, will be seen in advertisements for No Excuses jeans. In 1 one of
        107 words
      • 78 17 J, TARRAGONA, Spain Spain's Miguel Indurain vaulted J into the overall lead of the 71st Tour of Catalonia on Tuesday < by winning the fifth stage, an individual time trial. Indurain, master of the sprint, crossed the finish with a time of 38 J minutes 46 seconds
        78 words
      • 89 17 LONDON Dennis Andries of Britain and Jeff Harding of Australia have fought each other twice for the World Boxing Council light-heavyweight title. Andries says the third bout i will be the last. "I'm going to break him for good this time," said Andries, who was to
        89 words
      • 69 17 LAS VEGAS Mike Tyson will apparently be able to fight j heavyweight champion Evander Holyfield without worrying about any interference from Nevada boxing officials. A day J after the vice-chairman of the Nevada State Athletic Commis- sion called for a meeting to discuss Tyson's status
        69 words
  • Page 17 Advertisements
    • 204 17 a«a—re if HRHH 11 Ikl Ij Df I ilUkl If 1 !f;Uklti I kjwj MMMIM ATIS2BHP, ■H| ALL THEY'LL SEE ARE ■"S™ YOUR TAIL-LIGHTS. "I 1 4 1 .Hi i V ,i; MMMMwin~riTrrnrTTrwwM^^^M B t K(^ JiBlii|BKHMiߧjß|MCßHWMHj|SjjBjl|ffi ~^^^Sss I I v I If you want aride that combines the high-powered
      204 words

  • Page 18 Advertisements
    • 155 18 WHEBI TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT
      155 words
    • 371 18 I 111 PLUM'S iiiiiiiiii inn A TASTE OF KELANTAN AT THE HYATT Plum's brings you the best of Kelantan. Make your selection from a delightful array of Kelantan fare for lunch, tea and dinner. There are even handicraft demonstrations and a lucky draw with trips to Kelantan plus complimentary accommodation
      371 words
    • 179 18 We've spiced up Happy Hours. fis back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between Swim wear Fashion Show on Mon WARM*COLOURFUL •INVITING Hrarti Koad Stimaporr 0719 TH *****11 I LThi» Premier Restaurant Cuisine that aatiafiea the most discerning palate.
      179 words
    • 275 18 The GEORGE ft v ROBERT All Stars Ouartet Jazz group at the Kasbah Tha ioiffi*a By Swim ■•'opnonld G.o'g. Robert commemorate tha 700 th annlvoraary of 9*>ltKeffknd on a tour around tha world, compnsas tour t*usjcijpk: ftaorga Robart (saxophone. clarinat an<jtomo»sar), Edgardo "Dado" Moroni (piano), lata Ec km gar (double
      275 words
  • Page 18 Miscellaneous
    • 737 18 TELEVISION AND RADIO ..x* MMMMNOWWWMP*V■MMMMMMMMM■■■■■■■■■■ SBCI2 >S«SSW of the series sees the second 6.00 Regional News (M). iPBiWi IJ| 11*1 rt Ia --i 100.000 B rand P r ze 6.30 Religious Programme. BUSINESS ON Rs3lo,' n* n rJurying tne past :«ar— ss ess? tit I S 930 if Ike1 ke
      737 words

  • LIFESTYLE
    • 1016 19  -  Several films screened at the Venice, Film Festival have controversial themes and were received with mixed reactions from critics as Nigel Andrews, who was there, reports Nigel Andrews FT OUTSIDE the Palazzo Del Cinema, a black box with a giant
      FT  -  1,016 words
    • 238 19 Derek Jarman's Edward 11, a film with a strong homosexual theme based on a book written in 1593 by Christopher Marlowe, is in the running for the Golden Lion award FT Derek jarmans Edward 11, a powerful film with a strong homosexual theme,
      FT  -  238 words
    • 429 19 CHATTERBOX A BITTER row has broken out between Princess Diana's closest relatives about the sale of the family treasure, it was reported in London on Tuesday. Earl Spencer, the princess's father, and his second wife Raine have been reported as selling off some
      429 words
  • Page 19 Advertisements
    • 177 19 AND ENTERTAIN lUk* For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 16 |°g Top CANTO Pop Sing and dance to sizzling
      177 words
    • 536 19 SOCIETE GENERALE ajtuSrir* Hmwbii. IBM PM» ios'dd pan* tataSnMM awM** I 30CMM Anonym* tounM>il«4 T>w Ooyn, 010* <MMtriNl)«MMmr.logM Tal: 222 f1221ttaM1).*****99 tnm BOARD OF DIRECTORS Chairman Marc Vtt NOT HwMt Jaan PH 06LACQUR Dtractor*: j EmMMnttna SEUEfIE OE LABOfOE Mdato QOOSSABU VABRES ItawICOTUOII, JmMM FOURTOU JiWbhMJBEPT Oawja. CAIUXJE An—n>ftw »TWC
      536 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4875 20  -  By Sylvia Wong TRADING volumes continued to shrink in a sleepy market and share prices closed easier across the board yesterday. Even good interim results posted by City Development and TIBS Holdings on Tuesday failed to rouse good volumes for their respective
      4,875 words

  • 4077 21 Main Board GPBSSI.60 362 +10 2.8% DBS Foreign 1320 +10 +0.8% Keppel Corpn 745 +10 +1.4% S Finance 173 +10 +6.1% Semb Maritime 388 +8 2.1% Cerebos 25« 248 +6 +2.5% FAN 830 +5 +0.6% Isetan 50« 565 +5 +0.9'*. Roth Inds 50« 655 +5
    4,077 words

  • BT SHARE INFORMATION SERVICE
    • 248 22 Company Oat* Yaar Group Nat Nat earnings Cross ann to profit/loss (L) par share dividend (000) (cants) The H Glass Sep 6 Mar 91 $5,848(17.379) 9 75(12.3) 5(5) GPB Sep 3 Mar 91 $12,546(110.239 38 2(31 2) 17 6TE(-) TDM Aug 29 Dec 90 M$2.179U$805l) Choc Prod Aug
      248 words
    • 231 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) per sJiare dividend (000) (cents) Cons Plant Sep 7 Jun 91 M$80.200($88.700) 54(6.3) 16(18 4) DMIB Bhd Sep 7 Jun 91 M$39,400($39,500) 84(7.8) 20(20) Sime Darby Sep 7 Jun 91 MS678.600($611.400) 19 9(18.2) 31(29) Sime Spore
      231 words
    • 281 22 Sep 10 Malaysian International Shipping Corp is investing more than Mssom to build up its land transportation network in Malaysia. Singapore Automative Engineering's offer of 20m new shares and 10m vendor shares with a par value of 25 cents each for $1.20 a piece was 158 times oversubscribed
      281 words
    • 955 22 Current Ex Books Date Total for Total for payment date dose payable the year last year Alei rtdgs 50c 61(b) Sep 4 Sep 16 Sep 30 6% 61 AMDB50C 3.51(b) Sep 13 Sep 27 Oct 25 3 51 251 Avimo 20c 51TE(I) Oct 14 Oct 24 Nov 15
      955 words
    • 760 22 BONDS, LOANS WARRANTS Cowg-y Cwwrriw pmiU Cnwrtlw tw» tor trtkmy tkan Bvwi Wt Before 30/6/94 1 warrant plus HtSl 00 cash CtC Wt Before 26/4/93 1 warrant plus S3.09 cash CauMway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus 1077 cash or 1 warrant plus 50 77 nominal amount
      760 words
    • 524 22 Company Date Half-year Croup prt-tax Interim ana to profit/loss (L) dividend (OOO) Inch Ken Sep 7 Jun 91 M$2.253($l,940) 30(30) SSE Sep 7 Jun 91 $14.613($8.933) GH Sep 4 Jun 91 US$3.930(US$11,138) MISC Sep 2 Jun 91 MJ260 649(5230.207) UE Sep 2 Jun 91 Jl,206(13.136) Spore Bus Sep
      524 words
    • 988 22 Prices as at 11.09.91 Conversion terms Premium/ Expiry T (discount) Amount Optional" using issued Company (mil Wrts Share Loan Conv Exer Lnstk Cask Cask. Loan Gearing. Date Mths units) stock ratio price nom Stk Left value S B"™ 11 115.2 0.140 0660 1 00 1 00
      988 words
    • 375 22 The Hour Gtoss Ltd: 12th AGM at Room 831, Bth Floor, Mandarin Hotel, 333 Orchard Road, Singapore 0923 on Thursday, Sep 12, at 3pm. Irmovest Bhd: EGM at Anggerik Room, 4th Floor, Hotel Equatorial, Jalan Sultan Ismail. ***** Kuala Lumpur on Monday, Sep 16, at 10am. Antah Hoidhgs
      375 words
    • 157 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1333 08 (3/6/91) J* j^J) 1991 low; 1022.52 (16/1/91) JJJl J? J]*}-" 1990 Mt *****3 (16/7/90) 1W 1607.12 (27/3/90) 1990 5? 981 07 (M/ii/Si }g |«U0 Jli'SS 1989 1322.00 28/12/89) Jf gJJ <*'Kg 1989 low: ***** (4/1/89) JfJJ Si
      157 words
    • 541 22 Main Board u#t Full Y#ar Company Period Date Year Net EPS Grou ed endhf (cants) <fv profit l*t jur (j-000) Cerebos Interim Apr 27 Jul 91 12.6 200TE(a) 38.911 Spore Land Interim May 4 Dec 91 12.6 100 44.641(8) Tonf Menf Interim Aug 2 Dec 91 4 8
      541 words
    • 139 22 Company Rights Issue Mb Hyd Fourtor-five M$0 65 per share Ex-date Jul 25 Books dose Aug 8 Acceptance Payment Sep 17 C i »Ujamarxu rta|s One-for-two MJ1 80 per share Ex-date Jul 30 Books dose Aug 14 Acceptance Payment: Sep 25 Tat Lm Franc* One-for-one $160 per share
      139 words
    • 606 22 Company Rights Issue Mi Pk Land One-tor-two MS0 65 per share Aiance Tech One-for-one $1.00 per share Baton Issue of S*****m nomnal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the bass of {2 nominal amount cf Bonds tor every three existing shares
      606 words
  • Page 22 Advertisements
    • 279 22 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. SO SZE QUAN CREDIT (PTE) LTD (Members' Voluntary Liquidation) At an Extraonanary General MeeOng erf the members of SzeGuanCredKPte) Ltd duly convened and held at 8 Foch Ftoad Stogapore 0620 on the lOth day erf September 1801 at 11.30 a.m.. tw
      279 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4165 23 Bernama A CONTINUING LACK of fresh factors coupled with Wall Street's 25-point fall overnight led share prices to close broadly lower in nar-row-range trading yesterday. The KLSE Composite Index fell 3.82 points to 548.78 while the Industrial Index eased 6.19
      Bernama  -  4,165 words
  • Page 23 Advertisements
    • 64 23 LfaWTOldavHiScotSn^]!^^ ftjjrell mBISK IMBI BbSm! IIMmSK£- W,L iwK.» f ~y< EcSem B pfIBSMM YourlSusiness 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
      64 words

  • TOKYO STOCK EXCHANGE
    • 2188 24 Reuter TOKYO STOCKS ended mixed after a see-saw day. The key Nikkei average rose on futureslinked buying and on buying of several incen-tive-backed issues, but the rise failed to pull along the broader market as investors stayed wary ahead of futures settlement on Friday.
      Reuter  -  2,188 words
  • STOCK EXCHANGE OF HONGKONG
    • 1818 24 Reuter HONGKONG STOCKS ended slightly higher in sluggish trading yesterday with the market unable to establish a clear direction, brokers said. The blue-chip Hang Seng Index gave up some of its early gains but finished the day 7.66 points higher at 3,966.93.
      Reuter  -  1,818 words
  • Page 24 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks rebound on bargain hunting
      • 791 25 AUSTRALIAN SHARES rebounded off an early slump to close almost unchanged yesterday after bargain hunters went on a selective buying binge. Interest was focused on transporter TNT, which rose 7.5 per cent on rumours of a large European buying order and on news that troubled associate America West Airlines
        791 words
      • 757 25 INVESTORS continued to take profits for the second day in Bangkok yesterday as brokers said the market would keep swinging for the week. "I don't think our market is moving on a bullish trend as long as longterm overseas investors still shy away from the market," said a broker
        757 words
      • 821 25 SEOUL STOCKS closed slightly higher in active trade yesterday though a late bout of selling trimmed solid gains chalked up in the morning session. "The index heavily fluctuated in increased trade volume," said Daishin Securities broker Yoo Hong In. "The gains in the morning were almost erased in the
        821 words
      • 492 25 THE TAIWAN Stock Index reversed early gains to finish lower yesterday as renewed worries about liquidity pulled the index down, brokers said. The weighted index closed at 4,668.49, down 53.59 points, or 1.1 per cent, from Tuesday's finish. Turnover was a thin NTS 18.5 billion against NTS 19.9 billion
        492 words
      • 348 25 SHARE PRICES in New Zealand eased in a dull, featureless market yesterday which brokers expect to continue through the rest of the week. They said overseas players were dominating and the lead from world markets was flat-to-negative. Buttle Wilson's Neville Todd said the Brierley result due on Sep
        348 words
      • 119 25 SHARE PRICES started bullishly in Bombay for the new three-week account but turned mixed at the close on Tuesday ahead of local holidays yesterday and today, brokers said. The BSE index slipped 0.83 points to 1,810.71 after peaking at 1,833.22. The national index shed 2.41 to 863.15. "Buyers went
        119 words
      • 1422 25 Close Previous Sep II AUSTRALIA All Ordinaries Index 1.557.7 1,557.9 -0.2 All Industrials Index 2.394.9 2.393.2 +1.7 All Resources Index 915.7 915.6 +0.1 Turnover (million) 81.1 67.5 +13.6 BANGKOK SET Index 722.59 729.82 -7.23 Turnover (billion baht) 3.01 3.21 -0.2 JAKARTA Composite Index unav unav MANILA Composite Index unav 946.61
        1,422 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Profit worries help push Dow down
      • 280 26 Sep 10 Cloac PrrrimB NEW YORK Dow Jones 2.982.56 3.007.16 -24 60 S&P 500 384 56 388 57 -4 JI Turnover (million) 143.4 115.1 ♦•28.3 LONDON Financial Times 30 2.071.3 2.088 6 -17.3 FTSE 100 2.630.8 2.653.2 -22.4 Turnover (million) 467.1 345.8 121.3 FRANKFURT DAX Index 1.629.12 1.633.06 -3.94 AMSTERDAM
        280 words
      • Article, Illustration
        1216 26 STOCK PRICES in New York fell sharply on Tuesday in light trading. The Dow Jones Industrial Average fell 24.60 points to 2,982.56. The market fell amid concern that third-quarter profits might not be strong enough to justify current stock valuations. In addition, program selling pushed stocks lower, and
        1,216 words
      • Article, Illustration
        916 26 LONDON SHARES weakened in a lethargic market on Tuesday, reacting to corporate profit warnings and morning losses on Wall Street. The Financial Times-Stock Exchange 100-Share Index fell 22.4 points, or 0.8 per cent, to close at 2.630.8. The Financial Times 30-Snare Index fell 17.3 points to close at 2,071.3.
        916 words
      • 306 26 GERMAN SHARES recovered most of their early losses and ended a dull trading session on Tuesday narrowly mixed with a slightly lower bias. Dealers said the market had found technical support near 1,620 points on the 30-share DAX index. Isolated gains due to speculation surrounding stocks such as steelmaker
        306 words
      • 257 26 WEAKNESS on Wall Street, worries about the French franc and rumours of a Cabinet reshuffle provoked a mild bout of selling on the Paris bourse on Tuesday, which fell to a two-and-a-half-week closing low in continued light trade. The CAC-40 index ended down 15.41 points or 0.83 per cent
        257 words
      • 163 26 THE DELAYED SETTLEMENT of the August account, postponed because of an 85-billion-lire share scandal, failed to give a lift to the Milan bourse and Italian stocks closed broadly lower on Tuesday. Brokers noted heavy selling of blue chips, particularly Fiat and Generali, by domestic mutual funds. The MIB Share
        163 words
      • 246 26 SWISS SHARES ended a lacklustre session slightly easier on Tuesday. Wall Street's lower opening depressed sentiment late in the session, dealers said, but overall the market remained without direction. A weaker dollar pressured the industrial sector. In chemicals, Sandoz bearers fell 60 Swiss francs to 2,360 and Roche bearers
        246 words
      • 184 26 BELGIAN SHARES closed lower and only slightly above the day's lows in extremely thin trading on Tuesday. "The market is badly depressed," one trader said. The Bel 20 index of leading shares closed 6.76 points lower at 1,123.46, after it had fallen to a low of 1,122.09. A mere
        184 words
      • 373 26 THE STOCK MARKET in Johannesburg remained buoyant on Tuesday after its recent gains, driven by persistent local and foreign demand for quality shares which remained in short supply, dealers said. A sharp rise in the foreign investment currency, the financial rand, kept a lid on gains but failed to
        373 words
      • 280 26 TORONTO STOCKS tumbled across the board on Tuesday, ending near the day's low as worries over corporate earnings and a seasonal slowdown sent the market tumbling about 0.9 per cent, dealers said. "It looks like there might be a few jitters out there right now," one trader said. Institutions
        280 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1172 27 REPORTS I ASIA Tokyo: The US dollar yesterday recovered from earlier losses in the afternoon in Asia, dealers said. But they added that the market was wary of stepping out of current trading bands due to the possibility that the Fed may soon
      1,172 words
    • 387 27 Cross rates se P n USS SS MS Dm Yen SFr AS NZS USS 1.7030 2.7560 1.6970 134.85 0.5785 1.4830 1.2674 1.7182 SS 0.5872 1.6183 0.9965 79.1838 0.3397 0.8708 0.7442 1.0089 MS 0.3628 0.6200 0.6157 48.9296 0.2099 0.5381 0.4599 0.6234 Dm 0.5893 1.0035 1.6240 79.46 0.3409 0.8739
      387 words
    • 422 27 Interbank rates SS Bid Offer Overnight 5 1/4 5 3/8 1-month 4 7/8 5 2-month 4 7/8 5 3-month 4 7/8 5 Overnight mode: 5-3/8 USS Bid Offer 7 days 5 9/16 5 11/16 1 month 5 9/16 5 11/16 2 months 5 1/2 5 5/8 3 months
      422 words
    • 485 27 Reuter NEW YORK The once wilting junk bond market is blooming again as the recession ends, encouraging investors to chase its higher returns, analysts said. But ironically, just as the market is set to take on more junk debt, issuers are
      Reuter  -  485 words
    • 273 27 Reuter NEW YORK A group of US banks is pushing ahead with plans for an agreement on a US-European foreign exchange netting system by year-end, in spite of the decisions of two large New York banks not to take part. "It's not a
      Reuter  -  273 words
    • 1056 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 94.38 94J9 9436 9439 1 800 ***** 2125 Dec 91 94.19 94.19 94.16 94.19 ***** ***** 6959 Mar 92 94.18 94.18 94.15 94.16 5000 ***** 3375 Jun 92 93.87 93.89 93.85 93.88 1500 2959 805 Sep
      1,056 words
  • Page 27 Advertisements

  • COMMODITIES
    • 345 28  -  From Shoeb Kagda in KUALA LUMPUR MALAYSIA will be launching an international campaign to highlight the health benefits of palm oil. The director-general of the Palm Oil Research Institute of Malaysia (Porim), Dato Abdul Halim Hassan, said on Tuesday that the
      345 words
    • 374 28 Reuter COONOOR, India India is planning to export at least 120,000 tonnes of coffee a year under a long-term strategy to increase its market share, Coffee Board chairman PP Prabhu said. India will harvest up to 210,000 tonnes of coffee
      Reuter  -  374 words
    • 836 28 REPORT MALAYSIAN crude palm oil prices yesterday closed higher on light covering prompted by gains on the futures market, dealers said. Dealers were unaware of any factors driving the market up, but one attributed the rise to talk of bad weather in
      836 words
  • 1334 28 Rubber sepn MS h Mm) Scents/kg Noon Close Int 1 RSS Prompt 136.00/ 137.00N 136.2V137.25N Int 1 RSS Oct 91 137.00/137.50 I37.2V137.75 Int I RSS Nov 138.00/138.50 138.25/138.75 Int 2 RSS OP 136.25/138.25N 136.50/138. SON Int 3 RSS OP 135.25/137.25N 135.50/137.50N Int 4 RSS OP 130.75/132.75N I31.00/133.00N Int 5
    1,334 words
  • Page 28 Advertisements
    • 1203 28 BUSINESS TIMES TBLBPHONB: 730-5771/5772/3773 PAXI 734-4M2 NOTICE BBMB INTERNATIONAL BANK (L) LIMITED U5550,000,000 Guaranteed Negotiable Floating Rate Certificates of Deposit due 1994 Guaranteed By BANK BUMIPUTRA MALAYSIA BERHAD In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period from 12 September 1991
      1,203 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1154 29 CMy FMght ETA Flfrfct ETD Ma DkaM GA887 1245 GA894 2255 GA975 1300 AMiWc QF081 1820 SQ228 1905 HwtlrilB SQ23 0700 KL834 2240 KL833 0910 GA894 2340 GA975 1300 kti—t SQ26 2200 tocMni BAl 1 1225 SQ325 2115 ■■Into GF148 1000 BaMkpapM GA525/ 1755 910 Sari
    1,154 words
  • THE TRAVEL PAGE
    • 707 29  -  POSTCARD FROM SALEM By Mary Tabor For the past three centuries, the tiny seaport of Salem, 25 km north of Boston, has struggled to make the most of its reputation. The city was home to the witch trials of 1692, a murky period in
      707 words
    • 151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3373 1.3487 Canadian dollar 1.4769 1.4993 NZ dollar 0.9797 0.9970 Sterling pound 2.9312 2.9563 US dollar 1.6990 1.7033 Local dollars to 100 units of foreign currency Austrian schilling 14.13 14.35
      151 words
    • 96 29 Duration Title Venue Organiser Tel Sep 6-16 Strasburg Strasbourg- Societe Des 3388.*****0 European Fair Wacken Foires Et (France) Expositions Sep 7-16 Thessaloniki Thessaloniki Helexpo ********** International (Greece) Thessaloniki Fair Sep 9-15 International Barcelona, Foirc de ********** TV, Sound A Spam Barcelone Electronics Exhibition Duration Title Venue Organiser
      96 words
  • Page 29 Advertisements
    • 38 29 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. know Europe fn*n suit to Kinrwh
      38 words
    • 58 29 Ibhih TJ TV T, 7™C i^TLdfc*iVXZi A A w A IN ONE DEAL? KAV HAMID CAN Remember her? And she has four That versatile award- surprises at handwinning Singapore a husband, a baby, female singer? She's a concert with SSO, f t Q&y¥ back in Singapore and a first solo
      58 words
  • Page 29 Miscellaneous
    • 264 29 ACROSS 5 Firm claim, possibly, to be Hh priceless (7) 5 9 Title holder knocks out Henry what a bloomer! iHf 10 British points of view and I I I I I I 111 things, on arms (7) —U—^ 11 Alternative to full beam 13 My father's land, notedly? 15
      264 words
    • 215 29 Singapore Outlook: Hazy with showers over several areas in the late morning and early afternoon. Report; Maximum temperature 31.2 Assoc humidity 75% Minimum temperature 26.0 Assoc humidity 87% Hours of sunshine 0.75 Rainfall in mm Trace Rainfall this month 41.5 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond.
      215 words
    • 37 29 r iMgaE-vou Agesig BPCK ms. purpj lu>eLcor^e. conwie's Pwrev APPEJIT v is fo*gi\>£N.... QStfAX RDC -TV4G SNOOTY I'D UKE. CN£ OF vnug\ I ~-M I l ,1 j VFfiMOOS C.R£.fW ,pl£p<s£ T' c r a ktakwwpCO.LTD.wn-imesoe tu>l...
      37 words

  • 404 30  -  By Kenneth James SINGAPORE Forget the "double-dip" theory, the US economy is not about to slip back into recession, says the visiting chief economist of a leading business network whose surveys show a strong return to consumer and business confidence. But Ms
    404 words
  • 237 30 UPI NEW YORK The latest data for the business cycle indices of 11 major industrialised countries show a global recovery is underway. The Conference Board's International Economic Scoreboard for August showed the composite leading index for the 11 countries had been climbing gradually but
    UPI  -  237 words
  • 205 30 AFP BEIJING President Wee Kim Wee yesterday wrapped up talks with Chinese leaders, affirming Singapore's will to strengthen economic relations with China. In a meeting with Chinese Communist Party general secretary Jiang Zemin, Mr Wee said Singapore "hopes to develop even closcr
    AFP  -  205 words
  • 293 30 Crisis in the Soviet Union Agencies MOSCOW Soviet leader Mikhail Gorbachev, moving to solve a 30-year irritant in Moscow's relations with the United States, said on Wednesday that his government would begin talks immediately on withdrawing 11,000 troops from Cuba. Speaking
    Agencies  -  293 words
  • 270 30 Agencies MANILA The Philippine Supreme Court yesterday refused to stop the Senate from deciding the future of a US naval base, and base supporters said that was their last chance to keep the facility from being closed. The decision
    Agencies  -  270 words
  • 163 30 TOKYO The Japanese Finance Ministry is preparing plans to deregulate brokerage commissions and hopes to submit its recommendations to a government advisory panel in the coming weeks, a ministry official said yesterday. The ministry's plans to liberalise commissions come on the heels of the recent
    163 words
  • 800 30  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist NEXT MONTH, the International Monetary Fund (IMF) and the World Bank will hold their 46th annual meeting in Bangkok. Traditionally, the three-day meeting (which is preceded by a week of
    800 words
  • Page 30 Advertisements
    • 101 30 Nikon The World's Finest Photographic Systems Kk >• jjjjti^ H^^Hl VMMHM&K3SKB Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. We want to inspire people with chairs which display corporate identity: The superb, clean the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating with functions preserve
      101 words
    • 24 30 CSCE seeks power to intervene, Pg 10 US bases treaty rejection may provoke unrest, Pg 8 Japanese securities firms turn in poor results, Pg6
      24 words
    • 97 30 Nikon The World's Finest Photographic Systems <jQpek,<Jewer *70 Anson Road 28-Storey FREEHOLD Office Building IFOR SALE BY STRATA] I. 20 levels of strata office space totalling 8,390.93 sq m(90,320 sq It). Strategically located at the junction of Anson Road and Enggor Street In the immediate vicinity of major prestigious buildings
      97 words

  • Shipping Times
    • 423 31  - P O to be listed in Hongkong today By Magdalene Phang SINGAPORE Leading international container operator P&O is scheduled to trade its shares on the Stock Exchange of Hongkong Limited (SEHK) today. The shipping, property, construction and services group, capitalised at £2.44 billion, is doing a secondary listing of its
      423 words
    • 129 31 Reuter CHICAGO Northwest Airlines and representatives from its pilots union discussed a variety of acquisition topics on Monday, the union said in a taped message to members. The union said among the airlines subject to discussion were the Trump Shuttle, Midway Airlines Inc, Continental Airlines and
      Reuter  -  129 words
    • 394 31 Reuter EVERETT, Washington The Boeing Co expects its helicopter sales to the US military could reach more than a third of US spending on rotary wing aircraft within the near-term, Boeing Helicopters general manager Edward Renouard said. But he also told Reuters that
      Reuter  -  394 words
    • 925 31 Page Col ABC Containerline 12 1 Aeropak 18 3 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 •ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5
      925 words
    • 215 31  -  By Dexter Lee SINGAPORE International courier United Parcel Service has set up a US$9O million data centre in the US, which also acts as its information services headquarters. The "nerve centre" would eventually be linked up with all of UPS' overseas
      215 words
    • 461 31 Reuter NEW YORK US shipbuilders, convinced that talks to end subsidies at competing foreign yards will fail, seek to arm themselves with punitive sanctions that critics claim could inadvertently doom American shipowners. The Organisation for Economic Cooperation and Development (OECD) talks scheduled to
      Reuter  -  461 words
    • NEWS SUMMARY
      • 67 31 IN 1984, UK blue-chip Trafalgar House told the country's Monopolies and Mergers Commission that "deep-sea cargo and consortia interests are not high on the list of priorities." That was at the time of Trafalgar's futile bid to take over the whole of the P&O Steam Navigation
        67 words
      • 37 31 CANADA'S nationwide strike by federal employees against a proposed government wage freeze entered its second day on Tuesday wreaking havoc with travel plans, grain shipments and other public services Back Page
        37 words
      • 42 31 Harland and Wolff pic, celebrating the second anniversary of privatisation with a profit and the biggest order in its history, is convinced that international shipping's long recession is well and truly over Back Page
        42 words
      • 42 31 JAPANESE shipowners are looking at a long-term programme to scrap aged sea-go-ing vessels in a bid to prevent accidents and to avoid the problem of excess capacity, a trade newspaper said on Wednesday Back Page
        42 words
    • LOG BOOK
      • 65 32 BANGKOK Thailand and Kenya soon will begin air links between their capital cities, Bangkok and Nairobi, the govern-ment-run Radio Thailand reported on Tuesday. The agreement. signed in Nairobi, allows airlines of the two countries three weekly flights each. "Nairobi will serve as Thailand's gateway
        65 words
      • 94 32 TOKYO Mitsui and Co, a leading Japanese trading company, said it would export 2,000 forklift trucks to the Soviet Transport Ministry under a 4.1 billion yen contract with the Soviet Machine Import Corp. The forklifts, with a lifting capacity of 1.5 tonnes each, will be shipped
        94 words
      • 119 32 LISBON Shipping movements in most Portuguese ports are being subject to delays because of industrial action by port pilots, a pilots' spokesman said. Portugal's 100 port pilots are striking for 12 hours per day from Monday to Friday to demand the implementation of a labour agreement
        119 words
      • 76 32 ARLINGTON HEIGHTS, Illinois Motorola Inc said its subsidiary signed a contract to supply cellular equipment to Cellnet, a cellular carrier in the United Kingdom. The equipment will be used for a Global System for Mobile communications network (GSM). The network will form the Cellnet element of
        76 words
      • 94 32 PARIS French state-owned vehicle manufacturer Regie Nationale des Usines Renault said its Renault UK subsidiary has won a 350 million franc contract from Britain's Defence Ministry to provide 3,600 minibuses. It said it was the biggest vehicle order that the ministry has ever awarded to a
        94 words
      • 38 32 ORLANDO, Florida Delta Air Lines Inc said it received approval from the US Department of Transportation to serve Mexico City nonstop from Orlando, Florida. It said it will begin service on Dec 15.
        38 words
    • 1281 32 TIME-CHARTERS were the most active in a slightly firmer dry cargo freight market on Tuesday, brokers said. The Baltic Freight Index was up two at 1,549 while the SS Y Atlantic Capesize Index rose a further 33 points to 4,569 for the week ending September 9. In the
      1,281 words
    • 2191 32  -  P&O has always been UK's number one container line. But now Trafalgar House is selling its cargo shipping interests to P&O, thereby poisoning ACT and setting off a chain reaction, as John Crichton describes John Crichton Containerisation International IN 1984, UK blue-chip Trafalgar House told
      Containerisation International  -  2,191 words
    • 11034 40 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
      11,034 words
    • 3304 45 Containerfine NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SJ/Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,304 words
    • 254 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Services Tel:
      254 words
    • 1535 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax. *****42. Activair Singapore Tel: 542-782TFax: *****20. Aerolink Freight International Tel: 545-8031 Fax: *****05. Aerosneed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,535 words
    • 1152 46 SHIP SALES TANKER RATES WHILST it has been a relatively quiet week, there has been continued enquiry for most types of dry cargo tonnage, especially for the more modern units. VESSELS ON OFFER Bulk Carriers lapetos: 119.500 dwt and built Nov 1973 Harland Wolff, on offer at US$lO,5OO until Feb
      1,152 words
    • 555 46 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 I SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA NW90I
      555 words
    • 456 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Name of Vessel ETA ETD Ports of Calls Port Agent SEP 13 13 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 14 14 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 17 17 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 18 18 Cora Princess 1000
      456 words
    • SHIPS IN PORT
      • 604 47 Vessel Voy No Berth Arrival Depart™ Vessel Voy No Berth Arm* Deprive Marina Terminal 1 Batam Baru B90 M05 alongside 12 09/2300 Batam Sayang *****1 M04 alongside 1109/2300 Batamindo 1 93S MOl alongside 1109/1700 Brastagi 18/91 M02 alongside 1109/2300 Btm Bahagia *****1 M05 alongside 12 09/2300 C
        604 words
      • 219 47 Johoro Port Berth: 1: Sri Nam Hua No 2; 2; Yang Cheng; 3; Lishui; 4: Sang Thai Power; 5: Koto Maru; 6; Bunga Butang. Oi jetty: Tomoe 98, Asif 11. DCi: Nur Marina, Jati. Due on Sept 11: Batumi, Tradewind Express, Global Uranus. Lady Ariane, Gemki MeKolaj
        219 words
      • 981 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rifts Ship Voy No Etb/Btr Period From To From Ace Concord 22E 13/0700 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 ACX Daisy 188 13/1800 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 Al Waiba 61 13/1800 2
        981 words
      • 808 47 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 arc indicated. The Cockett Bunker Price Index change and
        808 words
    • 492 48 Subsidiaries of US car-makers begin to feel strike effects Reuter MONTREAL Canada's nationwide strike by federal employees against a proposed government wage freeze entered its second day on Tuesday wreaking havoc with travel plans, grain shipments and other public services. Air Canada cancelled some flights
      Reuter  -  492 words
    • 295 48 AFP Reuter TOKYO Japanese shipowners are looking at a long-term programme to scrap aged sea-going vessels in a bid to prevent accidents and to avoid the problem of excess capacity, a trade newspaper said on Wednesday. The Shipping and Trade News said
      AFP; Reuter  -  295 words
    • 556 48 Reuter BELFAST Harland and WolfT pic, celebrating the second anniversary of privatisation with a profit and the biggest order in its history, is convinced that international shipping's long recession is well and truly over. The Belfast shipbuilders, fighting competition from Japanese and
      Reuter  -  556 words
  • Page 31 Advertisements
    • 35 31 The mantle rests on P O, Pg 2 W I W UM S UIMV J If* Lines and services represented by Meeibers ef the Registry of Accredited tor advertising enquiries, contact Shipping times: t'el 740-20*9/740-2090
      35 words
    • 68 31 i> MASkargoj I ftmalausia I imunmm H For enquiries, comacl Malaysia Airlines Kuala Lumpur Cargo Sales Tel: 03-770-2485/248W489/2295/2364/3228 Tlx KL'LFZMH/KL'LFSMH Fax 60-3-746-1953 'Kuala Lumpur Cargo Reservations Tel 03-770-2076 2077 3225/2492/2769 Tlx KULFRMH Fax:6o-3-746-1953 Penang Tel 04-830-811 Tlx PENXTMH Johort Bahru Tel 07-591-529. Kuching TH: 082-454-255. Tbt KCHXTMH Fax 082-411-767. Koca
      68 words
    • 51 31 Air forwarders 15 Air Freight Schedule 16 Cochett Report 17 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 2 Index to Advertisers 1 Shipping Agents 15 Shipping Gude 10,11 Slspsales/Tanher Rates 16 Ships in Port 17 Singapore Tdes 17 Transport Diary 3 Weather and Sea Condrtnm
      51 words


  • Page 33 Advertisements
    • 1555 33 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES Allff#* TEL: *****11 FAX *****09 XkwWWF BOOKINGS TEL: *****34 *****58 TERMINAUCFS TEL: *****18 -220 PKfilfl PESAKA JARDINE SHIPPING AGENCIES SON. BHD L vfiflt§ J PORT KELANG TEL: *****18 FAX *****91 *****88 Dedicated to Quality Service CFSTEL *****6 limitß P GUDANG TEL: *****2/3
      1,555 words
    • 1603 33 TRANSPORT DIARY I 12-13: Seminar on Shipbroking and Chartering II Terms. Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition. Tokyo Japan. 1 I 24-25: Seminar on Marine Insurance in Carrier's and Shippers Perspectives, organised by Facs World at Carlton Hotel. Oct 15-16:
      1,603 words
    • 1004 33 ■Wl,l,Md--L-I!J.IJIJ WEEKLY SAILING TO MIDDLE EAST TOBIAS MAERSK V 9119 ETA SIN 19/9/91 VMM* Voy ETA ETO Feeler by Singapore Merkur Delta DESTINATIONS to This week Margrethe Maersk 9106 cy -17/9 oeoo hrs Po Bu ShG333SS3BS3BSSBB3Z3SSS^H CFS W/9 2359 HRS Kelang Peo.ng OAK LOB HOU MEM ATL MIA CHS NYC
      1,004 words

  • Page 34 Advertisements
    • 938 34 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HONGKONG EXPRESS 03/136 12/9 5/10 1/10 30/9 BB) KAGA 20/336 15/9 2/10 4/10 7/10 8/10 IUTSITaf KURAMA 12/137 19/9 12/10 8/10 7/10 MMMHI FRANKFURT EXPRESS 58/337 22/9 9/10 11/10 14/10 15/10 L ALL WCSTtOUttO F KAMAKURA 19/138 26/9 19/10 15/10
      938 words
    • 714 34 I BEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE I SIN NOU SUV PPT I COPIAPO 2601E8 5/10 20/10 22/10 27/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE S4N IQQ ANF VAP CLX I COPIAPO 2601E8 5/10 9/11 10/11 16/11 17/11 ALSO
      714 words
    • 1399 34 lEliiMiia mw" RE QULAR WOEPENO6NT FULL CONTAWER SERVICE WESTBOUND F6b EUROPE VSL/WW SM ALG BCL HAM BRE FEL ROT ANT LHA m (VU ALG) HAM) ROT) *L-MUNTAZAH 9127-3 16/09 07/10 08/10 12/10 13/10 13/10 14/10 15/10 IC/10 ISSJc'? 9121-3 21/09 13/10 15/10 16/10 11/10 17/10 11/10 19/10 20/10 NORASIA SUSAN
      1,399 words

  • Page 35 Advertisements
    • 1463 35 asSSteamers Maritime Holdings LU %m£ P&O I MKTN STRAITS SHIPPING Containers ttigSrJS iWM M Sou Ant Hot Hb| I*l** MACRSK 9110 06/09 00/09 00/09 12/09 26/09 29/09 30/04 02/10 ACCEPTS DUE SAILS TOKYO MY 0556 12/09 0«/09 16/09 02/10 03/10 OS/10 RAJAH BROOKF u. CW,GO LfXAMAERSK 9112 13/09 IS/09 IS/09
      1,463 words
    • 1134 35 jm p I TO: U.S.A./PANAMA FM: U.S.A./PANAMA I I WSgl/VOr J? OW 168 CW fDB M» WOK WTC «gL/¥OT II TZ Z 71 f~ ■I 2KT je M/,# */> w* >»/» utt ■I sEas: c:» 7,:. %\i 7,1:«" \?,w i d\\ SKr 1 >*.' 22 s I SSESS sir»'» ,r
      1,134 words
    • 422 35 p»g»t I STRAITS/ JAPAN/ STRAITS SERVICE I I LOADING FOR OSAKA/NAGOYA/ I I TOKYO/YOKOHAMA I I COSMIC LEADER V 4 I ETA SPORE 20/9/91 I I ETA PK 22/9/91 I I ETA OSAKA 5/10/91 I I ETA NAGOYA 12/10/91 I I ETA YOKOHAMA 19/10/911 llMLintermaritimel I SOUTHERN AFRICA SERVICE I
      422 words

  • Page 36 Advertisements
    • 574 36 U I CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Kl/VOr STORE ROAM/ADAM H BURG BREMEN ANTWERP KUTM/23N8 12/9 14/10 19/10 23/10 26/10 lUTARMI/30N6 10/10 12/11 17/11 21/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO
      574 words
    • 900 36 16?) V HANJIN SHIPPING I™, ™™MO wo Stile f^lScT ZZSSSS2X2 7R/q n/in !a/!n 11/JS !o/!S i 4/ "*NJIN SPOKE 003E 30/10 DIRECT 22/10 24/10 HANJIN MOHSIUNG OOSW 29/9 |17/10 18/10 19/10 19/10 20/10 21/10 HAN JIN MASAN 065E 7/10 MttCT 21/10 31/10 IS'porc H.Konf Kaoshmng Kobe Voko Butan FEEDER VSL
      900 words
    • 56 36 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-UFT, PROJECT CARGOES TO ALL INDONESIA,MALAYSIA. THAILAND, PHUPINE PORTS. OFFER CHARTERING OP OUR CARGO VESSEL. TUGS A BARGES. TEL: *****26 FAX: *****63 INDONESIA:
      56 words
    • 1171 36 —rr-"e *nui»u»j iz mi -j .T fT-TH^^Hk I r /<»*•»» *r *56 W-6 W MKT OSK NGY SMZ TYO LAX CHS BAI HVC LHV AMN mn n# mk Mn r« m m I lsM=J-llllllllls||illii|||f| wßfcEcTon ctc"*" s vww h w Agim wwhm. wcKsomm. j> montkal. tokmto vw ram I I?)
      1,171 words

  • Page 37 Advertisements
    • 2012 37 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 KM AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SON BHD MALAYSIA K.L.-(03) *****33, P. Kelang-(03) *****87,
      2,012 words
    • 1019 37 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 EASTBOUND—OBCHMONG WESTBOUND-LOAOWG TRAMSHPPED VIA ROTTERDAM utL> m HKG WOT MW PKL BHV IS RTM ANT
      1,019 words

  • Page 38 Advertisements
    • 1643 38 K» (CR No: **********0 M) j mm mm wr as agents: kawasaki Singapore (pte) ltd md TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 M I W\J MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut
      1,643 words
    • 1097 38 PHIU-OM€NT LIN€S PT€ ITD i 108 Robinson Road #07*00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 W™ BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU ffjg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "^j' r 17 SEP MONTREAL. OTTAWA, TORONTO. 19 SEP
      1,097 words

  • Page 39 Advertisements
    • 1519 39 aaagjrff pacific international lines (pte> ltd mmmmmmm Mi tm mMM PH- Building, 140 Cecil Street #0300, Singapore 0106. JAKARTA I [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN BUNQA TERATAI 373 15/9 17/9 22/9 KOTA BINTANQ 9129 15/9 19/9 22/9 EQUATOR MAS 19N 19/9 IS/9 23/9
      1,519 words
    • 1052 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 j 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 Nedlloyd H out man f 316 14/9 4/10 5/10 Nedlloyd 328
      1,052 words
    • 601 39 MYANMA! PBk FIVE STAR LINE (Myanmar National Line) i Loading for Yangon (Rangoon); S port P.KIf Pen P.Gdf AVA VIIOW In Pt 18/17 Sep HPAAN VI67W 20/22 Sep lASWO VI37W 17/11 S4» PAGAR V 1751* 25/27 Sep 'jgl THE BANK UNt (A Mrvlct.of Andrew W*k Shipping) \T SEMI-CONTAINER SERVICE \1
      601 words



  • Page 42 Advertisements
    • 709 42 TO AUSTRALIA/NEW ZEALAND pS [55 Fr*m 1 1Mb |SyO lAuck |NPE |P CHUM C VBMX.IC 271 25/9 2/10 7/10 12/10 19/10 22/10 W«T*€*ffN 279 IJ/U 27/10 1/11 J/11 10/11 12/11 13/11 MARTHA I 2(1 14/11 21/11 2(/U 1/12 7/12 1/12 10/12 ait* MM« 1/12 J/12 14/12 11/12 24/12 27/12 TO
      709 words
    • 866 42 OUTBOWO VOY PKI PEN XT SR MR. HKG KAO Kg TTO SM2 N6O HOP VESSEL VOY |SM |PKL PEN Bill S* ACX DAISY 1M 7 9 »*2 9 j j 13 9 17.9 19 9 24 9 25 926 J TSK MIIOOY 30A 13.9 149 ioT" C. CARRtR 98 *139
      866 words
    • 206 42 Jtrsvf.T PERUSAHAAN'WAV™ S& KALIMANTAN T DIRECT WEEKLY SERVICE TO 1 1 JAKARTA/TG. PRIOK > 1 Vessel ETA/ETD DESTINATION I NIA6A 42 Voy 15/91 12/13 Sep Jakarta/Palembant l NIAGA XXI Voy 20/91 14/16 Sep Jakarta/Palembani I NIAGA XXN Voy 21/91 16/17 Sep Jakarta/Palembanf I I NIAGA 42 Voy 16/91 19/20 Sep
      206 words
    • 1400 42 Ilfte I <«? CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE I SINGAPORE'S GBOAL AGENTS ado*WJ Mem. I CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTF ITO P.T. GLOBAL PUTRA I W- T&: *****91/87 FU: *****92, ***** UARITIUP I P. KLANG TEL *****06 S Til •MA ***** TEL: *****00/*****33
      1,400 words

  • Page 43 Advertisements
    • 500 43 r~.-fr-.CIE SHIPPING |S) PIE LID gggw* Forboohng&Bttouktstpbsoso cottfocf Sophia Bay or Kcrihly Tay Tel: *****55(8 fines) Fax: *****92 FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETD LOADING FOR DELI INDAH 12 991 14 991 PK BAIAM LAMPUNG JAYA 11 991 13 991 PANJANG/PALEMBANG PINANG JAYA 10.9
      500 words
    • 502 43 GSji RICHFIELD MARINE AGENCIESIsTpTeTtoI TEL: *****33 (12 Lliwb) m FAX: *****15/*****03 |CD| TELEX: RS ***** RISHIP (3 Line.) \)W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ABVOT 26W8 27/09 DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ANDINET 25W8 28/10 DARESSALAAM. MOMBASA
      502 words
    • 888 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD HI ETA ETA SPOKE PORT KELANG ft HANG BLUE lADE 25/9 Loading tof Male IRUVAI HUOHU 25/9 Loading for Calcutta DOLPHN 18/9 Loading For Male PIONEER SUPREME 20/9 H/9 Loading For Male DONAKU.M 22/9 Loaded For Febwaru PROGRESS LBERTY 30/9 Loading for
      888 words
    • 493 43 I JAKARTA BANGKOK Imm wt m «t \mxm |wt mmm ~j IWANA BHUM 108S 14/9 17/9 NANTA BHUM 57* Fri 13/# Man 10/9 DASA ENAM 67 l»/9 21/9 KITI BHUM* 01N Frl 13/9 .Mot U/9 I P**** 21/9 24/9 CHAIYA BHUM# 23N Sat 14/9 Tin 17/9 DASA ENAM 25/9 28/9
      493 words
    • 333 43 mm® tkrhk VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER STAR 172N 13-13/08 20-22/09 2S-29/09 TIGER BAY 173N 18-19/09 25-27/09 03-04/10 TIGER CLIFF 04CS 22 23/09 29-30/09 OC-07/10 VSL VOY SMGAPORE/CALCUTTA/SMQAPORE VESSEL VOY SM CM. SM LHOTSE 408 M PORT 19-23/09 29-30/09 TIGER RIVER 136CN8 18-19/09 25
      333 words

  • Page 44 Advertisements
    • 1002 44 S'PORE P0RT:'*****02 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 "K/SCAN/MEP PORTS I AFRICA PEN PK SIN l?/9 n/q U/q I rln/Fl*/Rrim/Ant COkHnb 13/9 14/9 15/9 12/9 13/9 14/9 Ldn/Flx/Rdm/Ant Durban/Pt Louis 17/9
      1,002 words
    • 41 44 OPS Orient Pacific Services (S)| Pie Lid 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'pora 1544 Tafc *****11 Fax: *****11 Tlx: R8 ***** OPBBIN
      41 words
    • 356 44 fffSfc BLUE star lime TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL LYT SIN rtosncr us u/9 k/» npi m/j 15/10 MANOMM 0504 21/9 3/10 VIA NPI 5/10 22/10 PREMIER 14S 29/9 11/10 VIA NPI 13/10 30/10 FULLY CONTAINERISED SAILINGS
      356 words
    • 1173 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CQWTAIMER I COMTAIMBH gKBWCga IB SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOY JTA »EST VESSEL VOY SPORE P.
      1,173 words


  • Page 46 Advertisements
    • 364 46 NATIONAL EXPRESS I" 1 1 FORWARDERS IS) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****58 Weekly consolidation to:i—Rotterdam,Gonoa,Hamburg, U,S,A I VW--01)8 1 ntfian I Bombay, Karachi, Colombo, m Hong Kong, Bongbofc, Ptnonfl, Cobutto,Modro,,Chi t t.g W ig For Eost Koofeng, Jakarta,
      364 words
    • 5 46 Management: in BT every Monday
      5 words

  • Page 47 Advertisements
  • Page 47 Miscellaneous
    • 294 47 TIDES AND WEATHER TODAY'S TIDES (hejftt in metres) HOW 0000 0100 0200 0300 0400 0500 MM 1700 QUO 0900 ******************** 15M16M17M1IM1M0 20M 2100 22M 23M JR 2.6 29 29 26 2.0 1.4 09 07 06 0.7 12 2.0 16 29 28 2.5 1.9 1.3 08 0.4 03 0.4 0.7 14
      294 words

  • Page 48 Advertisements
    • 800 48 CHARTPOINT Every Saturday in Business Times I HYUNDAI I A MERCHANT MARIE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDCK Wf HI PKE SB iWt HAH VOY LBH O*K St* LINE tWJI VOY TCM/SM Ml NAN HAI 206 002 16/09 17/09 19/09 LAONDU 43E 14/10 17/10 19/10
      800 words
    • 174 48 I REGULAR WEEKLY CONSOL TO: I EUROPE Milano Genoa IFelixstone Hamburg I =l H PT. CELEBES LINES Vessel Voy Sin Sur Bontang Pacific 028 14/09 17/09 Bontang Pacific 038 21/09 24/09 Bontang Pacific 048 28/09 01/10 Bontang Pacific 058 05/10 08/10 FIXED DAY SAILINGS EVERY SATURDAY General Agents: i rFC
      174 words
    • 502 48 CHARTPOINT Every Saturday in Business Times CARGO' 1 buy F. 0.8 MANAGEW^ SIN JKT PEN PKL JOH MNL BSB BKK T#l: *****11 *****66 *****8 *****98 *****2 *****76 *****3 *****29 Fax: *****59 *****14 *****8 *****88 *****6 *****79 *****5 *****17 r r i h n ;h hhh b h l- 0 I™
      502 words