The Business Times, 17 September 1991

Microfilm: NL17689
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday, September 17, 1991 75*
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  • NEWS SUMMARY
    • Article
      Fall in UK sales dampens recovery hopes, polls talk
      64 1 LONDON A surprise fall in British consumer spending announced yesterday jolted hopes of an early end to the recession and dampened speculation of a November general election. Government figures showed retail sales unexpectedly fell by 1.4 per cent in August compared
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    • Article
      Malaysia beefing up navy and air force
      43 1 KUALA LUMPUR Malaysia is beefing up its navy and air force to ensure they can defend its interests in the South China Sea and the Spratly islands. Chief of Defence Forces General Hashim Ali said yesterday.
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    • Article
      Asia-Pac oil output up
      44 1 OIL and gas production in Asia-Pacific countries have risen sharply in the last 15 years. Myanmar and Vietnam are among the new areas that are being opened up for exploration, says the vice-president of Arthur D Little International. Page 2
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    • Article
      Settling a dispute
      34 1 SINGAPORE yesterday renewed its proposal to Malaysia to resolve once and for all their long-standing dispute over the sovereignty of Pedra Branca, an island in the South China Sea Page 2
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    • Article
      Coping without bases
      26 1 THE Philippines has moved to cope with the expected cut in foreign financing following a rejection of the US bases treaty Page 6
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    • Article
      Oil search for M'sia?
      35 1 A GOVERNMENT minister has not ruled out the possibility of Malaysia starting oil exploration in China and the Soviet Union to augment its current operations in Burma and Vietnam Page 8
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    • Article
      Reggae king
      28 1 REGGAE musician and proponent of black liberation Bob Marley was humble; he lived as a devout Rastafarian. But he was hardly a simple man. Page 17
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    • Article
      Why traffic flows
      36 1 UNCONGESTED roads in Singapore are the fruit of a land transport policy embodying a judicious mix of planning, engineering, administrative and fiscal measures, said Communications Minister Mah Bow Tan. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET was mixed early yesterday, wavering uncertainly after its recent pullback. The Dow Jones average of 30 industrials rose 9.39 points to 2,995.08 in the first hour of trading.
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    • Article
      Footsie lower
      52 1 LONDON share prices were lower at midday yesterday as investors assessed the implications of weekend press reports on the state of the British economy and the likelihood of a November general election. At about 1115 GMT, the FTSE 100-Share Index was down 19.5 points, or 0.7 per cent,
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    • Article
      Stotts' debut
      31 1 SCOTTS Holdings shares, which made their debut on the properties section of the main board yesterday, suffered a price drop to below the issue price of 1.25 Page 3
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    • Article
      MHE profit trebles
      32 1 PRE-TAX profit, for the year ended June 30, at Sesdaqlisted Material Handling Engineering Ltd (MHE) tripled to $1.43 million. Turnover rose 73.6 per cent to $29.17 million Page 3
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    • Article
      Outlook for US stocks
      47 1 THE outlook for American stocks in the short term are mixed. Michael Sherman, executive vice-president of Shearson Lehman, anticipates a 10 per cent correction in the Dow in early 1992, when the US economy will show clear signs of a recovery Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 687.27 -3.60 Kuala Lumpur ....541.34 -3.12 Tokyo dosed Hongkong 3,953.53 -20.59 Sydney 1556.5 -10.9 Friday Change New York 2985.69 -22.14 London 2625.8 2 -16.1
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.7005 100 Yen SS 1.2657 MS SS 0.6166 Money market rates Overnight 4 7/8 -3/8 3-month 4 7/8 -1/8
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    • Article
      COMMODITIES
      39 1 London Gold AM fix USS344.90 USS+1.40 Rui)4)^f S'pore Oct 136.00Vkg -0.50 M'sia Oct 224.50*/kg unch KL Tin Turnover 71 tonnes -12 Spot MS IS. IS /kg +0.08 Crude palm oil Turnover 1,255 lots -388 Oct MS803 /tonne +3
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  • Article, Illustration
    Banker Fock Siew Wah made adviser to minister
    558 1  -  Move seen as greater govt effort to tap private sector By Chuang Peck Ming SINGAPORE Veteran banker Fock Siew Wah has been made Special Adviser to the Finance Minister, a move observers see as the government's effort to fiijd new ways to
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  • Article, Illustration
    China critic scores landslide win
    393 1  -  Hongkong election From Catherine Ong in HONGKONG THE PARTY of barrister Martin Lee, an outspoken critic of China, has scored a landslide victory in Hongkong's first direct elections. With a lower-than-expec-ted voter turnout, Mr Lee's United Democrats of Hongkong won 12 of the 18 seats
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  • Article
    Lock icon S&P raises Singapore's debt rating
    181 1 Reuter NEW YORK Standard and Poor's Corp said it upgraded Singapore's long-term debt rating to AAi-plus from AAi. The 1' signifies an implied rating, which is given when there are no such debt instruments outstanding. Debt rated AA has a very strong capacity to pay
    Reuter  -  181 words
  • Article
    Smoking ads to be banned from high-circulation foreign journals
    298 1  -  By Schutz Lee SINGAPORE Cigarette and tobacco advertisements will be banned from foreign publications with a Singapore circulation of more than 10,000 per issue. The ban from Sep 1 next year is part of the Ministry of Health's antismoking programme and
    298 words
  • Article
    NOL orders four tankers worth $360 m from Japan
    312 1  -  By Rahita Elias SINGAPORE National carrier Neptune Orient Lines is adding four new tankers to its fleet at a cost of $360 million. A company statement said the ships were expected to generate a total of $60 million a year based
    312 words
  • Article
    Philippine Senate rejects US bases accord
    254 1 MANILA The Philippine Senate voted yesterday to end nearly a century of US military presence in the country by rejecting a new base treaty, but President Corazon Aquino vowed to challenge the historic decision in a referendum. US officials, dropping earlier threats to start
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      158 1 Nikon The World s Finest Photographic System. A*craft Schedule 27 Money Changer Rates 27 Work) News 8 Commodrtw 26 Money Market 25 Company News 3,4 Regional News 6 For market indices, editorial, Crypbc Crossword 27 SES 19,20 advertising and circulation exEditonal 10 Simex 25 tensions, cal Business Times Financial News
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      Page 1 Advertisements Column 2
      39 1 Nikon i i The World s Finest Photograph System i j Coping with an expected cut in financing, Pg 6 THE ALL-IN-ONE PRINTER DOT MATRIX PRINTER Product Features 216 character per jßm second MP Variety typestyles Mk. Kavailable M-1009*
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  • HOME NEWS
    • Article
      Teng Cheong lists 4 groups who voted for Opposition
      345 2 FOUR GROUPS of Singaporeans voted for the Opposition in the recent General Election, said Deputy Prime Minister Ong Teng Cheong last night. These were those who wanted opposition in Parliament as a check on the government, the Chinese-ed-ucated, the lower classes
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    • Article
      Sharp rise in Asia-Pac output
      325 2  -  Conference on oil and gas By Lilian Ang OIL and gas production in Asia-Pacific countries have risen shaiply in the last 15 years, with Myanmar and Vietnam among the new areas that are being opened up for exploration. Stuart Saint, vicepresident of Arthur D Little
      325 words
    • Article, Illustration
      NZ prime minister to call on PM Goh Chok Tong
      195 2 NEW ZEALAND Prime Minister Jim Bolger will visit Singapore this Friday en route to Britain and New York, where he will speak at the UN General Assembly. Mr Bolger will hold discussions with Prime Minister Goh Chok Tong, BG (Res)
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    • Article, Illustration
      S'pore renews proposal to M'sia to solve Pedra Branca dispute
      285 2  -  By Shoeb Kagda SINGAPORE yesterday repeated its proposal to Malaysia that the two countries settle once and for all their long-standing dispute over the sovereignty of Pedra Branca, an island in the South China Sea. A senior official from the
      285 words
    • Article, Illustration
      Varta Batteries opens plant in Batam
      360 2  -  By Carolyn Lim GERMAN-BASED Varta Batteries AG has expanded its worldwide operations to include Batam a move that will allow the company's Singapore plant to raise output to meet growing demand for rechargeable batteries. The new Batam plant, P T Varta Batteries, will assemble
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      67 2 M'sia may search for oil in China and USSR, Pg 8 I*lli t HsU;' v J^i;;-' m, EINSTEIN'S PARKER *v Everything is relative as Einstein was heard to Remark at the Time And yet Something does seem to happen when you Pick up your Parker Ideas Flow as easily as
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  • COMPANY NEWS 1
    • Article
      Scotts shares fall below issue price on debut
      401 3  -  Sluggish market to blame, says company By Sylvia Wong SINGAPORE Scotts Holdings shares made their debut on the properties section of the main board yesterday and quickly dropped below the issue price of 1.25. The shares dominated the day's trade, with a
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    • Article
      Outgoing Intraco MD named CEO of Steamers Maritime
      267 3  -  By Lee Han Shih SINGAPORE Tien Sing Cheong, the outgoing managing director of Intraco, has been appointed chief executive officer of fast-growing Steamers Maritime Holdings. A short statement from Steamers yesterday said Mr Tien would take up his post on Oct 1
      267 words
    • Article
      Lock icon HK Land net profits up 13.7 pc in the first half
      296 3 AFP HONGKONG Hongkong Land Holdings Ltd, the property arm of the Jardine group, said yesterday its net profit after tax for the first half rose 13.7 per cent from the same period last year to U*****.3 million (*****.48 million).
      AFP  -  296 words
    • Article
      Lien steps down as OUT managing director
      192 3 SINGAPORE Lien Ying Chow has relinquished his managing director's post at Overseas Union Trust (OUT), in what appears to be a gradual move away from the active management of the Overseas Union Bank group's businesses. Mr Lien, the 85-year-old chairman of the OUB
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    • Article
      Tough times for finance companies
      833 3  -  THE HOCK LOCK SIEW COLUMN This sunset industry should look at other sunrise activities By S N Vasuki SINGAPORE Singapore's finance companies are often referred to as a "sunset" industry. The odds are hopelessly stacked against them at a time when local and foreign banks
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    • Article
      Former Amcol MD pleads not guilty, claims trial
      129 3 SINGAPORE Former Amcol Holdings managing director Kang Hwi Wah yesterday pleaded not guilty to corruption charges and asked for a trial. The case will be heard from Jan 4-15, 1993. Kang's bail was raised from $500,000 to $1 million, but the Subordinate
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    • Article
      MHE's pre-tax profit nearly triples to $1.43 m
      290 3 SINGAPORE Material Handling Engineering Ltd (MHE), announcing a muchimproved full year results yesterday, said it expects the improvement to continue in the current year. For the year ended June 30, 1991, the Sesdaq-listed company saw its turnover rise 73.6 per cent to
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    • COMPANY BRIEFS
      • Article
        Sanda Plastics considering expansion
        99 3 KUALA LUMPUR Sanda Plastics Industries Sdn Bhd, the Prai-based plastic products manufacturer, which made its debut on the Kuala Lumpur Stock Exchange second board yesterday, is looking into the possibility of expanding its operation to Shah Alam, managing director Hui Shing Leong said. Sanda Plastic shares
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      • Article
        B Lintang plans compensation
        54 3 KUALA LUMPUR Batu Lintang Rubber Company Bhd has proposed a scheme to compensate its minority stockholders, following the failure of Kim Chuan Seng Holdings Sdn Bhd and Kenaman Jaya Sdn Bhd to complete a mandatory general offer, after acquiring a 72 per cent equity interest in
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      • Article
        Underwriting for Tajo Bricks
        46 3 KUALA LUMPUR Commerce International Merchant Bankers Bhd said Tajo Bricks Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange second board, entered into an underwriting agreement on Sep 13 for the underwriting of 2.418 million shares of Msl each.
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      • Article
        Teck Puat buys into Alexandra
        56 3 SINGAPORE Tan Sri Khoo Teck Puat bought 3,000 Alexandra Holdings shares on Sep 12 and another 2,000 shares on Sep 13 through Daiwa (Malaya) Private Ltd at $2 apiece. Mr Khoo is now deemed to have an interest of 36.52 per cent in Alexandra Holdings
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      • Article
        Metalock gets control of MUM
        45 3 SINGAPORE Metalock has bought 75,000 ordinary shares of Metalock Underwater Maintenance (MUM) from UMC International, turning MUM into Metalock's whollyowned subsidiary. Before the acquisition, Metalock owned 50 per cent of MUM. Metalock paid $158,761 in cash for the full control.
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    • Article
      Profits of top three fall
      113 3 DBS CHARITY SINGAPORE The three leading teams in the DBS Charity Investment Race saw their accumulated profits slip last week. The contest leader, DBS Asset Management, reported a figure of $126,585, down from $129,306 at the end of the previous reporting week, when it looked
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    • Article
      Lock icon Pernas and PNB to hold talks on eliminating work duplication
      464 3 Bernama KUALA LUMPUR Permodalan Nasional Bhd (Pernas) will hold discussions with Perbadanan Nasional Bhd (PNB) soon to ensure that both entities do not duplicate each other's efTorts, PNB chairman Tun Ismail Ali said yesterday. Malaysian Finance Minister Datuk Sen Anwar
      Bernama  -  464 words
    • COMPANY BRIEFS
      • Article
        P Dunlop to make rights issue
        64 4 SYDNEY Pacific Dunlop Ltd is to make a one-for-five rights issue at A 54.30 (555.76 a share. It said yesterday that the issue would raise about A 5672.5 million. The diversified manufacturing group also announced a net profit after abnormal of A 5215.80 million
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      • Article
        Dalgety defends performance
        74 4 LONDON Food and agribusiness group Dalgety pic said yesterday its results for the year to end-June show it has coped well with recession, in spite of a fall in pre-tax profit to £110.9 million (*****.7 million) from £118.1 million last time. All core businesses, except flour milling,
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      • Article
        Foreign interest in Miti project
        69 4 TOKYO Around 10 foreign companies have enquired about participating in a Miti (Ministry of International Trade and Industry) project to develop miniature robots, says a ministiy official. The 10-year project, for which Miti hopes to receive 25 billion yen (*****.5 million) in public money, will
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      • Article
        UK brewer to seek Dutch listing
        51 4 AMSTERDAM Britain's Scottish and Newcastle Breweries pic has applied for a listing on the Amsterdam Stock Exchange, says sponsoring bank ABN Amro. The British company owns nearly all of Rotterdam-based leisure group Centerparcs and is among the largest five brewers and hotel groups in
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      • Article
        New paper for Aussie company
        39 4 ADELAIDE SA Brewing Holdings Ltd said yesterday its financing arm, South Australian Brewing Finance Ltd, has signed a perpetual As3oo million (Ss4o2 million) commercial paper programme to replace its As2so million promissory note facility.
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    • Article
      Textile equipment maker Falmac to seek listing
      370 4  -  By Joseph Rajendran SINGAPORE Textile equipment maker Falmac Machinery plans to seek listing on the Singapore Stock Exchange in the third quarter of 1992. And expansion plans have been boosted by US venture capitalist Hambrecht Quist having taken a 20 per cent stake
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    • Article
      Lock icon Inchcape pic sees half-time profit dip
      204 4 Reuter LONDON International marketing and services group Inchcape pic has said continuing difficult conditions in many areas ate into its halftime pre-tax profits. Profits dipped to £91.3 million (*****.9 million) from £95.8 million last year. The dip in profits was posted on a rise
      Reuter  -  204 words
    • Article
      Lock icon Intel shares plunge on news of poor showing for third quarter
      403 4 NYT SAN FRANCISCO Intel Corp's shares plummeted more than US$6 (S$ 10.20) last Friday, after the semiconductor company said its third-quarter earnings and revenues would not reach its or Wall Street's expectations. Intel, which makes most of the microprocessor
      NYT  -  403 words
    • Article
      Shell tops new corporate ranking by The Economist
      462 4  -  By Said Abdullah SINGAPORE Royal Dutch/Shell is the biggest earner among 2,000 international companies in a new ranking by The Economist magazine. The ranking, for 1981/8290, measures how much more a firm's output is worth than all the inputs of materials, labour
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      196 3 qj .J Always Judge A Restaurant By Its Tea trifle fussy you may immaculate, don't bother looking for say. But then Hung chipped crockery or stained tablecloths. Kang Teochew Restaurant is You won't find them here. True £9hG run by fussy people. Who Teochew hospitality. Any Teochew place as much
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  • FINANCIAL NEWS
    • Article
      US stocks may face a correction
      345 5  -  By S N Vasuki SINGAPORE American flinty markets which have already discounted news 3 US economic recovery will face a correction once the recovery actually takes > place, according to Mr Michael Sherman, executive h president and chairman of investment policy of Lehman Brothers.
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    • Article, Illustration
      Lock icon Columbia Savings and Loan to be shut
      534 5 US regulators to sell off or return to investors USs4.76b NYT LOS ANGELES Federal regulators have decided to shut the Columbia Savings and Loan Association, agreeing to sell off or return to investors the institution's U554.76 billion (SsB billion) in deposits. But for
      NYT  -  534 words
    • Article
      CMIC gets US$ 15m credit facility
      215 5  -  By Dawn Tan SINGAPORE CMIC Finance Securities Co Ltd, one of Thailand's largest securities houses, has signed a US$l5 million one-year, offshore guarantee facility. The facility, arranged by Canadian Imperial Bank of Commerce Asia Ltd, is to guarantee a US$l5 million, one-year credit facility
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    • Article
      Lock icon Perwira Habib Bank (M) optimistic after capital revamp
      368 5 Bernama KUALA LUMPUR Perwira Habib Bank Malaysia Bhd sees better prospects for itself now that its capital restructuring exercise has been completed. fts executive director, Datuk Aman Ahmad, said last Friday that the scheme, announced early this year, saw the injection of
      Bernama  -  368 words
    • Article
      Lock icon Suharto's sons buy major stake in bank
      185 5 AFP JAKARTA Two of President Suharto's sons have jointly bought a controlling stake in the Overseas Express Bank (OEB), which ranks among the 20 largest private banks in Indonesia, a newspaper report said yesterday. Sigit Hardjojudanto and Hutomo Mandala Putera bought their stake
      AFP  -  185 words
    • SMALL CHANGE
      • Article
        OCBC Bank cuts its prime rate
        109 5 SINGAPORE OCBC Bank has joined DBS Bank in cutting its prime rate by a quarter of a percentage point to 7.25 per cent. OCBC Bank also pared its fixed deposit rates. Effective today, interest rates for one-month to five-month deposits will be 4.75 per
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      • Article
        New financial magazine coming
        84 5 SINGAPORE Two financial magazines, Asiamoney and Asian Finance, have merged to create a new financial monthly for the Asia-Pacific region. UK-based Euromoney Publications, Asiamoney's publisher, and Asian Finance Publications of Hongkong, which publishes Asian Finance, reached an agreement on the merger yesterday. "The set-up combines the
        84 words
      • Article
        Yamaichi expected to post loss
        109 5 TOKYO Yamaichi Securities Co is expected to post a loss of more than 10 billion yen (Ssl27 million) in its current profit in the six months to September, the financial daily Nihon Shimbun reported last Saturday. This would be the first time Yamaichi had fallen
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  • THE REGION
    • Article, Illustration
      Lock icon Manila moves to cope with expected cut in financing
      409 6 Reuter MANILA The Philippines plans new taxes, a drastic cut in spending and an accelerated sale of government assets to cope with the expected cut in foreign financing following a rejection of the US bases treaty, officials said. The government will
      Reuter  -  409 words
    • Article, Illustration
      Lock icon Swept by the winds of change
      624 6 The Philippine bases issue Yesterday's decision by the Philippine Senate to eject US forces marked a watershed in the close and sometimes traumatic relations between Washington and its only Asian colony Reuter MANILA The winds of change that have swept the globe since the
      Reuter  -  624 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      633 6 SINGAPORE INSTITUTE OF MANAGEMENT mmwm m wmmm—m—mamm (1) Personal Computer Applications for Managers September 30 October 2,1991 Ss6so SIM members/Ss7so non-members At this workshop, you will learn to take advantage of the latest advances in technology to improve your job what a PC can and cannot do to select the
      633 words
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      Page 6 Advertisements Column 2
      168 6 1 jma Left high and dry by inadequate funding and nonpayment by (ustomers? In Singapore, look to the specialist in non-recou. se factoring for the marine industry International Factors Marine (IFM). Our type of factoring can free your company fro.n two of the biggest constraints on any company's growth and
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      47 7 i Despite The w Opposition, We're Still The lost Popular. HIGH MULTIPLE SCALABLE DIFFERENT CHOICE OF RESOLUTION PAPER PATH FONTS (CARBON PAPFR TYPFS WIDE NARROW AFFORDABILITY COPIES) rAruR urisa CARRIAGE LASER PRINTERS INKJET PRINTERS other DOT MATRIX PRINTERS EPSON NEW GENERATION 4 T s l/NxN/N/NxN/N/N YES □NO
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        E German economy on the way to recovery
        78 8 FRANKFURT The economic upturn in east Germany has begun to take hold "on a broad front", the economic head of the governing CDU/CSU parliamentary faction said. Matthias Wissmann said last Saturday he was optimistic that the east Germany economy would soon have
        78 words
      • Article
        Chinese stores hold sales
        43 8 BEIJING China's state department stores have launched a sales drive in 25 provinces, autonomous regions and municipalities to clear their massive stockpiles. According to official statistics, Chinese enterprises are carrying surplus goods worth 200 billion yuan (about Ss63 billion).
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      • Article
        Taipei, Seoul in fruit accord
        65 8 TAIPEI Taiwan has signed a fruit trade agreement with South Korea to import 2,500 tonnes of pears and 5,500 tonnes of apples from Seoul next year. Under the agreement, South Korea will import 30,000 tonnes of bananas from Taipei and offer preferential tariff treatment half
        65 words
      • Article
        Mining starts despite protest
        73 8 PERTH Work has started on a controversial As3so million (about ***** million) nickel mine in Western Australia's desert even before aborigines opposing the project have made their final legal move. The development company, Perth-based Dominion Mining, confirmed yesterday that work began over the weekend. Aborigines say
        73 words
      • Article
        Carlsson threatens to quit
        56 8 STOCKHOLM Swedish Prime Minister Ingvar Carlsson said he would resign yesterday after his ruling Social Democratic Party polled less than 40 per cent of the votes in Sunday's general election, their worst result to date. "This is the biggest defeat for the left in Swedish history,"
        56 words
      • Article
        French aid for small businesses
        35 8 PARIS The package of measures that the French government is drawing up to help small businesses will cost 12 billion francs (about 553.5 billion), according to Prime Minister Edith Cresson.
        35 words
    • Article
      Changes in USSR good for Thai exports to E Europe
      379 8 BANGKOK Political changes in the Soviet Union will benefit Thai exports as Eastern Europe is likely to buy more Thai goods, particularly garments and farm products, according to an economic analysis by the Thai Farmers Bank, the Bangkok Post reported.
      379 words
    • Article, Illustration
      Lock icon M'sia may search for oil in China and USSR
      309 8 Reuter KUALA LUMPUR Malaysia may start oil exploration in China and the Soviet Union to augment its current operations in Burma and Vietnam, a government minister said yesterday. Syed Hamid Albar, minister in the Prime Minister's Department, said Malaysia, a major
      Reuter  -  309 words
    • Article, Illustration
      Lock icon Georgia strengthens bid for independence
      572 8 Crisis in the Soviet Union Reuter TBILISI, Soviet Union Georgia's nationalist parliament called on the United Nations on Sunday to seat the breakaway republic, declared Moscow's troops to be occupying forces and voted to seize all Soviet property. The decisions were aimed at consolidating Georgia's
      Reuter  -  572 words
    • Article
      Lock icon China forges ties with splinter Baltic states
      524 8 Move is a blow to Taiwan's diplomatic and commercial objectives AFP BEIJING China has scored off rival Taiwan by forging diplomatic ties with the three breakaway Baltic states this week in a move expected to yield major commercial spin-offs. The People's Daily said
      AFP  -  524 words
    • Article
      India plans to fight gold-smuggling
      460 8  -  From Rajendra Bajpai in NEW DELHI THE Indian government is considering several schemes to combat the smuggling of gold and tap privately-held hoards which could help overcome the foreign exchange crisis. Officials said the government was considering a Reserve Bank of India proposal to set
      460 words
    • Article
      Lock icon Inflation will ease from next month, says Indian minister
      238 8 Reuter NEW DELHI India's Finance Minister Manmohan Singh has said that prices will fall from October onwards when the impact of recent fiscal reforms and measures is felt on the economy. Mr Singh said in parliament after a weekend debate over
      Reuter  -  238 words
    • Article
      Lock icon Fight inflation to save economy: Viet deputy PM
      246 8 Reuter HANOI Vietnam's top official in charge of fiscal policy believes the country's economy is "a mess" and bound to get worse unless the government steps up its fight against inflation, inefficiency and corruption. Deputy Premier Phan Van Khai said low tax
      Reuter  -  246 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      64 8 ■p^Oscars Oscars presents the best salad bar in town. 14 varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy meal. Brasserie Bar 30 Robinson Road, 81-00 Robinson
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      587 9 4 •ft Why Our Multi-Feature Approach s lade Us The People's Choice. j (Because Not Everyone Has The Same Needs); MULTI-FONT CAPABILITIES You a choice of 10 different typefaces, including one r rafts< s P ecia l features like italics, double strike double height characters. only by your Double-W id*
      587 words
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  • Article
    From blueprint to fruition
    492 10 EDITORIAL I'T WAS a long time coming, but it was worth the wait. After three years, Singapore's planners have unveiled the revised Concept Plan, a long-range blueprint for Singapore's physical development. But it is more than a guide for the building of houses and factories, roads
    492 words
  • WHAT THE OTHERS SAY
    • Article
      Good death
      334 10 THERE are really two issues on the question of euthanasia one philosophical and the other of practical contingency. The philosophical aspect includes both religious and secular questions which are difficult to resolve. All religions acknowledge the saiWtity of life and are opposed to human attempts to restrict life
      334 words
    • Article
      The Islamic calendar
      78 10 THE Islamic world has been divided over the issue of the Islamic calendar, especially on the start and end of Ramadan, when Muslims are required to fast. There have also been debates on the accuracy of the sighting of the moon against sophisticated mathematical calculations. A truly
      78 words
    • Article
      Career counselling
      109 10 IN Singapore, schools are responsible for helping students prepare themselves for employment. Career counselling is important as it enables students to gather sound and practical knowledge about jobs and careers before they leave schools. Many young people change several jobs within a short period of time after they
      109 words
  • REGIONAL VIEWPOINTS
    • Article
      No illusions
      156 10 WHEN leaders of Cambodia's four factions meet one more time against the silhouette of New York's skyscrapers, the whole world will be with them. The scheduled meeting next Friday will focus on the voting system to be used in Cambodia the last hurdle of the peace process after
      156 words
    • Article
      More private sector input
      142 10 RECOGNISING the problem is often one of the first steps towards self-improvement. The Cabinet Committee on Training had in July come up with a truthful, if painful, analysis on the problems facing vocational and technical education in this country. It had, among other things found that
      142 words
    • Article
      What shippers can do
      183 10 TWO months after receiving a pat on the back for being a considerate shipping-line body, the Far Eastern Freight Conference (FEFC) has given Asean shippers a slap in face by imposing high sea freight charges on shipments to Europe from October 1. It was only in
      183 words
  • Article, Illustration
    Will pride come before Cuba's fall?
    913 10  -  Fidel Castro is clinging on to Marxist ideology. But he will be overthrown, says Neville Stack Neville Stack The writer is a political commentator and editorial consultant based in England THE last man in the world to reject the false prophecies of Karl Marx
    913 words
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      Page 10 Advertisements Column 1
      201 10 f I V; V* j: A f V- I X INVESTING i SUPPLEMENT 1991 A special Business Times Survey October 89,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that
      201 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Time for a new New World Order
      739 11  -  William Safire urges President Bush to show how America intends to participate in, rather than continue to observe, the sweep of history in the run-up to the millennium William Safire NYT THE moment has come for the president of the United States to
      NYT  -  739 words
    • Article, Illustration
      The allure of the Raffles
      2007 11  -  Yesterday, the centuiy-old Raffles Hotel re-opened for business after two years of restoration. Lim Soon Neo reports on how the owners of the hotel intend to bring back Kipling and the Singapore Sling Lim Soon Neo SEPTEMBER 16 was chosen as the day Raffles Hotel
      2,007 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      60 11 3 ÜBI AVENUE 3 Approximately 16,(XX) sq ft per floor Separate entrance lobbies to passenger and goods lifts Easy access to PIE Ample parking space 2 cargo lifts, 1 passenger lift, 1 lift for the disabled Raised loading/unloading bay and access ramp Modem anodised aluminium tinted glass windows CALL 338
      60 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      Lock icon Microsoft targets home, small business market with Windows software
      462 12 Reuter Microsoft Corp is expected to charge into the home and small business market with a new suite of Win-dows-based software, chasing a market with huge potential that has stymied hardware vendors, analysts said. The Redmond, Washing-ton-based company declines comment on
      Reuter  -  462 words
    • Article
      Company doing well in Asean despite competition
      279 12  -  Joseph Rajendran finds out why Joseph Rajendran LEADING American software company Microsoft has said it is doing very well in Asean, in spite of the negative publicity and tough competition it is facing from its rivals. In an interview with BT, Microsoft's director
      279 words
    • Article, Illustration
      Many vital issues need to be tackled
      928 13  -  National Technology Plan From the right managers for R D to the right attitude tor researchers Carolyn Lim zeroes in on key issues at a recent conference Carolyn Lim THE future for research and development (R&D) in Singapore certainly looks bright with the
      928 words
    • Article, Illustration
      Diversity of NSTB panel to ensure balance
      294 13  -  Joseph Rajeudran HE differeat back£fl r grounds of tne advis■JL' as appointed to the Ktionaf Science aid Tech®logy Board (NSTB) would Jpance the vieWs they present on Singapore's National Technology Plan. This is how Dr Joel Birnbaum, vice-president of research and development and
      294 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      49 12 v *-n. i < i s The art of writing. MONT° BLANC |H if mm 'vtrr-r 1 i L I j LEAVE SOME ROOM FOR DESSERT. r j V> **un K* TRAVEL ARRANGEMENTS TO PAWS CONTACT UTA N SINGAPORE US) 737*355. KUALA LUMPUR (603) 232«»52 OH yMCAATA (42-21) l*mtl BHHMBMi
      49 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      78 13 a'caiadian education I jtN SINGAPORE from Grade to OAG Level yariian Oirrseas College is fully-accredited by the AyMinistry ofEducation in Ontario, Canada and is Registered With the Ministiy of Education. Singapore. M **nie School Je fully stalled by certified Canadian X teachers. Canadian Overseas College offers an internationally recognised educational
      78 words
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      Page 13 Advertisements Column 2
      117 13 The news isn't that banks have lowered their deposit rates. M JL am m mm if 4 t K I The news is I 0 that Citibank hasn't. I i pw« rr Earn up to 5.625% on Tenure Less than 550.000 to $100,000 to $250,000 A nrl \>faviCoi^ Q n
      117 words
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  • FOCUS
    • Article
      Lock icon Japanese capital starts to head for home
      1075 14  -  Japanese banks and corporations, facing a credit crunch at home, are becoming more thoughtful in the way they invest overseas. Michael Hirsh finds out how this will affect developing countries Michael Hirsh AP SULLEN and sweating, the heads of Japan's top banks and
      AP  -  1,075 words
    • Article
      Departmental stores face challenges
      657 14  -  Said Abdullah reports on Japan's tougher retailing climate Said Abdullah STRUCTURAL problems and the rise in specialty stores are posing serious challenges to Japan's department stores, which chalked up their greatest sales growth in more than a decade last year. Analysts fear that these riskaverse department
      657 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      220 14 H 11 mi ir tiu B JAWlIfc H Mn Jinnie T«y. Managing Director, The Hour Gbw Group Jflf HOUR GLASS LTD W Success... Calls For The Best Resources "We have diverse business interests in wholesaling and retailing of watches, in jewellery, a restaurant chain and in properties. So you can
      220 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      282 15 (What leading industry consultants are saying about NCR's System3oool r W* lion ,jtf j ■(The technology and the product ii Jrjfii strategy are brilliant Even if NCR delivers 1 1 ft *fZ ifj.f only half what it promises, it warrants T /'j the serious attention of every OIS Planner. J
      282 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      951 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE. DINE 1 i Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. KIM(7S
      951 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      660 16 TELEVISION AND RADIO TrpQeiirpc npw anH rJH mmmmmrn. ssssl—* ywmmMmrn vdoUICj lICW dllCl OIQ JS 9M S2SSyi CrVO) MaJ?'t«i ta l.3opm ÜBiTT];VH!TiI HH Gynaecology and Obsccte- 9.30 Tuesday Premier® The 8.00 National News (M). 5.30pm, 3.25 am: Financial News I tries 1991 (FIGO). Warriors (See Our Choicc). g 2 i
      660 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Unravelling Marley's messy legacy
      1028 17  -  3ob Marley, the great reggae musician and proponent of black liberation, left no will when he died a decade ago, sparking endless claims for his fortune, suits and countersuits. Richard Leiby reports. Richard Leiby IHT Diane Jobson isn't like any lawyer you've ever seen. She's barefoot,
      IHT  -  1,028 words
    • Article, Illustration
      Seeking end to legacy of pain
      548 17  -  Animal rights activists are campaigning against traditional Spanish sports that are cruel to animals, reports Nirmal Ghosh Nirmal Ghosh ANIMAL welfare groups are stepping up campaigns against cruelty to animals in Spain in an attempt to force the Spanish government to crack down on
      548 words
    • Article, Illustration
      Much of Beatles' later music inspired by dope: McCartney
      732 17 FORMER Beatle Paul McCartney said in an interview published on Sunday that much of the rock group's later music was inspired by drugs. "From Rubber Soul in 1965 on, every Beatles album was produced under the influence of drugs, especially marijuana
      732 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      161 17 AND ENTERTAIN j n^^^MnniHaig^ K^HKyK^»^|flH ■E3B Sr^^Mi Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Every Monday to Saturday A Hapmr Hours: 6 to 9 pm ANAH^* (one for one special) SINGAPORE 16 N*im HE. Sngepore 1085 TMphon* (66) 732 1222 Wr'4MBI i 4
      161 words
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      Page 17 Advertisements Column 2
      70 17 This announcement appeals as a matter of record only. CMIC CMIC FINANCE SECURITIES CO. LTD U5515,000,000 OFFSHORE CREDIT FACILITIES Arranger CIBC ASIA LIMITED Guarantor Banks ALGEMENE BANK NEDERLAND NY. SINGAPORE BRANCH BANOUE NATIONALE DE PARIS, SINGAPORE BRANCH CANADIAN IMPERIAL BANK OF COMMERCE. SINGAPORE BRANCH NATIONAL WESTMINSTER BANK PLC SOCIETE GENERALE
      70 words
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  • SPORTS
    • SIDE LINES
      • Article
        Hallett turns tide with rare win over Davis
        87 18 MOTHERWELL, Scotland Mike Hallett's first win over Steve Davis for nearly eight years brought him his first major titlfc in Britain last Sunday. Hallett, who suffered more than most during a decade of domination by "Deadly Davis", pulled off a shock 10-6
        87 words
      • Article
        Scranton pips Massey to victory
        74 18 CdQUITLAM, Canada Nancy Scranton, four shots behind with eight holes to play, surged past Debbie Massey last Sunday to win the US$7OO,OOO (S$ 1.19 million) Du Maurier Classic, the last of four majors on the LPGA tour. Scranton shot a four-under-par 68 to finish with
        74 words
      • Article
        Thompson bags seniors event
        92 18 CONCORD, Massachusetts Rocky Thompson knocked a nine-foot putt into the closing 18th hole last Sunday to win his second senior PGA tour title, the US$4OO,OOO (S$680,000) Digital Seniors Classic. Thompson, who started the day with a one-shot lead after two rounds, finished at 11 under par
        92 words
      • Article
        Muster beats compatriot for title
        60 18 GENEVA Thomas Muster defeated fourth-seeded Horst Staff 6-2, 6-4 in an all-Austrian final at the U*****,000 (*****,000) Geneva Open tennis tournament last Sunday. It was the 10th title of the 23-year-old lefthander's career, and the second this year, earning him U5532,400. Muster won in Florence,
        60 words
    • Article, Illustration
      Lock icon Soviets thwarted in gold bid
      495 18 Male gymnasts shut out while women outshone by Americans at world event AP INDIANAPOLIS Gymnasts from China and South Korea shut out the Soviet men's bid for more gold last Sunday, while the US women capped their best showing ever at the World Championships with
      AP  -  495 words
    • Article
      Lock icon Weibring back on winning trail with Hardees victory
      310 18 UPI COAL VALLEY, Illinois D A Weibring ended a victory drought of nearly four and a half years last Sunday when he captured the Hardees Golf Classic at the Oakwood Country Club. Weibring carded a finalround 64, six-under-par, and finished the 72-hole
      UPI  -  310 words
    • Article, Illustration
      Lock icon Gomez caps return to form with upset
      190 18 AP BRASILIA Andres Gomez of Ecuador upset Spain's Javier Sanchez 6-4, 3-6, 6-3 last Sunday to win the U*****,000 (*****,000) Philips Open tennis tournament. Gomez, ranked 142 nd in the world after climbing as high as fourth last year, won in one hour
      AP  -  190 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      332 18 ic* ingaporo woftiowfoc exp*t€ss <* r BusinessDmes your candidate*) for Singapore's most prestigious business accolades IN 1985, BUSINESS TIMES, a business daily published by Singapore Press Holdings, and DHL WORLDWIDE EXPRESS, a leading international air express company, came together to organise an award scheme to honour Singapore's most successful businessman.
      332 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Poor reception for Scotts in a sluggish market
      4853 19  -  By Sylvia Wong SCOTTS Holdings Ltd's debut on the main board yesterday was not the most spectacular of entrances. In a sluggish market, its poor reception was even more pronounced. Almost six million units of Scotts' shares were put on the market,
      4,853 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3611 20 Main Board GE Life 1440 +70 +5.1% SPH Foreign 1350 +20 +1.5% SIA 200 1320 +10 +0.8% Semb Shipyard 725 +10 +1.4% PELS 50* 685 5 +0.7% UOB 635 +5 +0.8% Hai Sun Hup 20* 227 4 +1.8% OCBC Wt 95 211 +4 +1.9% The
    3,611 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices fall on continued consolidation
      4092 21 Bernama THE STOCK MARKET continued to consolidate further with share prices closing lower yesterday in listless trading. The KLSE Composite Index fell 3.12 points to 541.34 while the Industrial Index was 8.16 points lower at 992.70. Declining issues outpaced advancers by 159 to 27
      Bernama  -  4,092 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      53 21 i »K(ffna pf; 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 of the *****. Singapore Businasa You can
      53 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      135 22 8«ta Yaar trnp Nat Nat aaraiags Qraaa m> la pratt/baa a) par aftara «vMawl (carta) 1 f91 »®M(«3.457) 4.1(6.1) 6(5) 5Th25 91 ««*.949l($791L) '*HOa» Sep 6 Mar 91 $5.8«(J7.379) 9 75(12.3) 5(5) S r91 «2.546(«M39) 38 2(31.2) 17 6TE(-) 0<c90 "WW**.) CtaPraJ Aug 27 Mar 91 M$4,447($983s) 4.9(0.9)
      135 words
    • Article
      PRELIMINARY RESULTS
      179 22 toaap pra-tax Nat aaraiags Grtu m It pram/toss (L) par shara AMaad CHf) (Mate) S >e»M*a Sep 9 Mar 91 M$4,915($3,560) Corf Hint Sep 7 Jon 91 M$80.200($88.700) 5.4(6.3) 16(18.4) w«£? J" 91 «39.400(|39.500) 14(7.8) 20(20) t 2* 91 ai <#.107) 25.5(23.8) 8(8) Sjn»0*fc, Sep 7 jun 91
      179 words
    • Article
      INTERIM RESULTS
      444 22 1 HaM-yar 6tm» pre-tax Maria mm to praflt/hM (L) 4M4—4 rtt«) f «TC J Sep 14 lun 91 M$36,760(835,412) 24.4(12.8) Sep 13 Jun 91 US$78.600(178.600) 27(27) U* C*im Sep 13 Jun 91 MJ11.610(16,827) 5(3) Orcfn* Parade Sep 13 Jun 91 82.731(83.485) s« J Sep 13 Jun 91 160.147(826.595)
      444 words
    • Article
      DIVIDENDS ANNOUNCED
      864 22 Cmvmt Ex Bnta Date Ml tor Tatel far Wt dota payafeia tea jwar last y—r Mai Wp 50c 6%(b) Sep 4 Sep 16 Sep 30 6* 6% MCB 50c 3.5% (b) Sep 13 Sep 27 Oct 25 3.5* 2.5* *taa 20c 5*TE(I) Oct 14 Oct 24 Nov 15
      864 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      686 22 Cwriwiw, 1 ri r I 7-r-(rftiriMt) OpMaaaT* Mi«V is SE gs o* gem "H 2 280 5 050 i go 309 7 I 471 30/06/94 33 £K S ta 0850 is I 3 Is! SS8 g ChMnHup 94 77.3 0.415 1.030 0.870 1 00 00 l
      686 words
    • Article
      CORPORATE DEVELOPMENTS
      477 22 Sep 16 1 31m contfact 10 cables to Premet BM said its proposed conversion debt owing to Nurford Holdings Coro and Tonnage kivestments Lines Ltd S A amounting to MJ61.74m into 61.74 m shares of MSI each in Promet was approved by the Capital Issues Committee on Sep
      477 words
    • Article
      RESULTS DUE
      270 22 Main Board i Cmm NH- Ywr Net EPS Oon Nn *> pr* (TIM) 2X« ESU! 9 126 200TE(.) 38.911 ""I "■f Menra Aug 2 Dec 91 4.8 5.0 38S *T Intenm Aug 21 Ok 91 1.8 91 06 M H "l Sep7 D*91 6.5 4.0 9 526 SJ"
      270 words
    • Article
      APPROVED ISSUES
      104 22 c—wMiy Four-tof-fiw q MJ0.65 per share Ei-date Jul Books dose: Am 8 Acceptance Payment Sep 17 One-tor-two MJ180 per share Ei-date Jul 30 Books dose Aug 14 Acceptance I Payment Sep 25 Tat Lm tan One-tor-one {1.60 per share Ex-date: Aug 21 Books dose Sep 2 Acceptance >
      104 words
    • Article
      PROPOSED ISSUES
      536 22 Company Rights Issue hkhtlMi Oi»fcr-t»o MSO 65 pm start W— Ta* OnHof-one g 11.00 par shift Issue of 190 9 78m nomral amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45.489m detachable warrants on the Ins of S2 norm* amount of Bonds for every three esstng sf"«s
      536 words
    • Article
      BONDS, LOANS & WARRANTS
      704 22 BONDS, LOANS WARRANTS B i m Before 30/6/94 1 warrant plus HK81.00 cart. ol CK B Before 26/4/93 1 warrant plus 13.09 cash. id Caaaway Law Z CauMwiy Nt 2/10/89 to 20/10/94 1 warrant plus 10.77 cash or1 wwt** plus > 10.77 nowl amount of loan stock ChuanHpHates lu J?®"*
      704 words
    • Article
      COMPANY MEETINGS
      387 22 teas Bhd. AGM* EGM at The Kekih Room, Bankers' Oub, Penthouse, 21st Root, Amoda Building, 22 Jalan Imfai, ***** Kuala Lumpur on Wednesday Sep 18, at 10.30 am. TOM Bh± 26th AGM at Cempaka Room, Holiday Inn On The Park, Kuala Lunwur Jalan Prang, ***** Kuala Lumpur on
      387 words
    • Article
      RECORD HIGHS & LOW'S
      160 22 RECORD HIGHS LOW'S BT Composite Index ST Industrials Index 12! 1333 08 3 6 /91) 1991 H* 1565.58 (3/1/91) lMlhw 1022.52 (16/1/91) »91 I1* 1149.08 (16/1/91) 1»0 h* 1435.43 (16/7/90) 1*0 h* 1607.12 (27/3/90 J2STL 981 7 (09/11/90) 1»0 Imt 1079.50 (11/10/90) SSJf (2S/,2/89) 1487 76 (26/12/89) }2*"F 917.42 (4/1/89)
      160 words
  • Page 22 Advertisements
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Shares shrug off rate cut to fall in dull trading
      1805 23 HONGKONG stock prices yesterday closed lower in dull trading as the market consolidated and investors were sidelined by a lack of fresh news, brokers said. The market had already discounted the effect of Friday's half-point interest rate cut and the
      1,805 words
    • Article
      TOKYO STOCK EXCHANGE
      1644 23 The Tokyo market was closed yesterday for a national holiday. Listed below are last Friday's closing prices. Vol Sep 13 Yen High Low (TOO) Ajinomoto 1520 20 1540 1490 2939 Akai 1170 -20 All Nippon Airways 1420 30 1420 1380 3376 Asahi Breweries 1200 10 1230 1190
      1,644 words
  • Page 23 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks slide in wake of Dow fall
      • Article
        AUSTRALIA
        818 24 THE AUSTRALIAN share market closed sharply lower yesterday in response to the weaker New York finish at the end of last week. Overall trade was slow and featureless but brokers said the 22-point fall in the Dow Jones Index last Friday was enough to prompt profit-taking in most sectors.
        818 words
      • Article
        BANGKOK
        719 24 A LACK OF fresh factors dampened market sentiment, pushing Thai share prices down in quiet trade, brokers said yesterday. The SET Index ended 4.10 points lower at 711.47 on a thin turnover of 1.85 billion baht. "Investors had expected the prices to move up this morning, but they didn't,
        719 words
      • Article
        MANILA
        519 24 PHILIPPINE share prices, which had fallen sharply last week in anticipation of a Senate rejection of a military bases treaty, reacted coolly yesterday after the chamber formally shot down the accord. The Manila Stock Exchange Composite Index fell 12.88 points or 1.4 per cent to 905.70 from last Friday's
        519 words
      • Article
        JAKARTA
        704 24 THE JAKARTA Stock Index fell further below the psychologically important 300-point marie yesterday as investor concern about the economy grew, brokers said. The index fell 7.2 points to 288.09 on turnover of 5.03 million shares. Friday's turnover was 2.23 million. Blue chip Astra International took a 200-rupiah drop, to
        704 words
      • Article
        TAIPEI
        432 24 TAIWAN STOCKS yesterday closed slightly higher across the board on scattered bargain-hunting but turnover plunged to its lowest level in eight months and dealers said confidence in the market was very weak. The weighted index dropped over 35 points in early trade before recovering to end 31.73 points higher
        432 words
      • Article
        SEOUL
        757 24 SEOUL stocks dipped yesterday in slow trading on profit-taking and the reemergence of rumours that several small companies face financial difficulties, brokers said. The Composite Stock Index, which rose 7.86 points on Saturday, closed 3.37 points down at 685.34 on a turnover of 187 billion won against 142 billion
        757 words
      • Article
        NEW ZEALAND
        287 24 NEW ZEALAND share prices yesterday eased on light volume in spite of interest rate yields falling to record lows. Interest rates were pushed sharply lower by comments from Reserve Bank governor Don Brash last Friday in the US that there were prospects for interest rates to fall further.
        287 words
      • Article
        Untitled
        436 24 CV»e Proton Sep 16 AUSTRALIA All Ordinaries Index 1356.3 1367.4 -10.9 All Industrials Index 2398.1 2409.3 -11.4 All Resources Index 911.7 917.3 -3.6 Turnover (million) 73.2 104.3 -31.3 BAHCWOK SET Index 711.47 713.37 -4.10 Turnover (billion baht) 1.83 2.99 -1.14 JAKARTA Composite Index 288.09 293.29 -7.2 mahila Composite Index 903.70
        436 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar trading idly in Europe's mid-session
      676 25 REPORTS THE US dollar was idling in a narrow lane at the European mid-session yesterday with trade very much technically driven in the absence of fresh fundamental developments. Friday's cut in US interest rates and prospect of yet another before the year ends
      676 words
    • Article
      Lock icon Lower UK rates hold danger for £
      577 25 Lower UK rates hold danger for Reuter LONDON UK financial markets are on the hunt for yet another cut in British base rates but a perilously narrow yield gap between sterling and the mark makes it a dangerous pursuit for the pound. Dramatic falls in a whole range of UK
      Reuter  -  577 words
    • Article
      Lock icon US Treasury bond yields likely to fall further
      454 25 Reuter NEW YORK American portfolio managers say the party may not be over yet for US government securities, after the Federal Reserve cut key lending rates last Friday. Treasury yields fell sharply just prior to the Fed's announcement that it was cutting
      Reuter  -  454 words
    • Article
      FINANCIAL FUTURES
      1146 25 SIMEX > nwopotmt Open High Low Sett Est Vol Op/Int Vol > Sep 91 94.48 9*49 9*47 9*47 6?7 ***** 3860 1 94.24 94.20 94.21 4580 ***** ***** Mar 92 94.26 94.26 94.22 94.22 1400 ***** 7190 Jun 92 93.97 93.97 93.93 93.93 900 2815 1351 Sep 92
      1,146 words
    • Article
      INTERBANK FOREX RATES
      384 25 Cross rates USS SS MS Dm Yen SFr A$ NZS USS 1.6995 2.7560 1.6875 134.15 0.5780 1.4770 1.2555 1.7065 SS 0.5884 1.6217 0.9929 78.9350 0.3401 0.8691 0.7387 1.0041 MS 0.3628 0.6200 0.6123 48.6756 0.2097 0.5359 0.4555 0.6192 Dm 0.5926 1.0071 1.6332 79.50 0.3425 0.8753 0.7440 1.0113 Yen
      384 words
    • Article
      MONEY MARKET
      533 25 Interbank rates 5L Bid Offer Overnight 4 7/8 5 1-month 4 13/16 4 15/16 2-month 4 13/16 4 15/16 3-month 4 7/8 5 Overnight mode; 4-7/8 USS Bid Offer 7 days 5 3/8 5 1/2 1 month 5 7/16 5 9/16 2 months 5 3/8 5 1/2 3
      533 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Cuts in nickel output unlikely to halt price slide
      391 26 Reuter TORONTO Recent nickel production cuts by the Western world's two laigest producers may not be enough to halt sliding nickel prices as demand is expected to remain weak until the first quarter of next year, analysts said late last week.
      Reuter  -  391 words
    • Article
      Lock icon Colombia and Brazil seek extension of coffee pact
      327 26 Reuter LONDON Colombia and Brazil intend to seek an extension of the International Coffee Agreement beyond September next year at talks in London starting on Friday. Nestor Osorio, Colombian delegate to the agreement in London, said last week that they wanted the
      Reuter  -  327 words
    • Article
      KL tin higher on firmer LME, short-covering
      714 26 REPORTS THE PRICE of tin closed eight sen higher at M 515.15 per kg on the Kuala Lumpur Tin Market on some shortcovering yesterday. Dealers said the steady tone was attributed to the firmer London Metal Exchange, which was up by US$35 last
      714 words
  • Article
    PRICES
    1325 26 Rubber &pw> W(m»>llw) S cents/kg Noon Close Int I RSS Prompc I35.2VI36.2SN 135.00/136.00N Int I RSS Oct 91 136.25/134.75 136.00/136 50 Int I RSS Nov 137.50/138.00 I37.2VI37.75 Int 2 RSS OP 136.25/138.25N I36.00/I38.00N Int 3 RSS OP 135.25/137.25N l35.0<yi37.00N Int 4 RSS OP 130.75/132.75N 130.50/132.SON Int 5 RSS OP
    1,325 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      469 26 BUSINESS TIMES TBLBPHONB: 730-5771/5772/5773 PAX: 734-4982 w Due to expansion, Millipore Asia Limited has relocated to: 19 Kim KMt Road #07-01/02, Jumbo Industrial Bldg Singapore 1232 T«l: 253 2733 Fax: 254 4056 Tlx :RS ***** With effect from 16th Sept 1991. A IN THE MATTES OF THE COMPANIES ACT, CAP.
      469 words
    • Advertisement
      Page 26 Advertisements Column 2
      228 26 tn the Matter of THE COMPANIES ACT (CHAPTER 50) AND In tfie Matter of Aq INTERMEDIAL (PTE) LTD (In Mombore Voluntary liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Chapter SO. the inal meeting of Ihe members of the Company
      228 words
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      Page 26 Advertisements Column 3
      6 26 Innovation Technology in BT every Tuesday
      6 words
    • Advertisement
      Page 26 Advertisements Column 4
      12 26 M j onagers /Must w lanage BT shows you how every Monday.
      12 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    965 27 Ctty FHW ETA Figt ETO Jtfc,| GA893 1025 GA892 QUO JUdaMa SQ228 2000 QF82 2200 j RJ183 0030 j nwiteriim GA893 1025 SQ24 0100 KL837 1255 GA892 0110 j SQ23 1815 KL838 2240 GA974 2400 1550 ggp M 57 1755 Bandar Sari SQ181 1410 SQ182 0915
    965 words
  • THE TRAVEL PAGE
    • Article, Illustration
      High living has its price at hotel
      596 27  -  POSTCARD FROM NEW YORK By Alessandra Stanley AT THE most expensive hotel here, suitcases are taken to the room by an "associate". Room service is delivered and lint is removed by a personal "maitre d'etage" wearing white tie and tails. Soft drinks, fresh
      596 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3490 1.3605 Canadian dollar 1.4825 1.5050 NZ dollar 0.9850 1.0050 Sterling pound 2.9256 2.9506 US dollar 1.6980 1.7020 Local dollars to 100 units of foreign currency Austrian schilling 14.15 14.37
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      63 27 Duration Title Venue Organiser Td Duration Title Venue Ons»nner c_, 13 .23 International Basel. Schweizer *****8620.20 S»*> 15-19 International Netheiiands Koninldijke *****5591 Fair Switzerland Mustermesse Trade Exhibition Nederiandse of Roor Cover- Jaaibeure Sep 14-22 International Turin, Italy Torino *****5&V ings A Household Caravan Esposizioni Textile* Caravan S.p.A
      63 words
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      Page 27 Advertisements Column 1
      43 27 Bud, youH be a lot wiser when you leam about Fmnair's New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.
      43 words
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      Page 27 Advertisements Column 2
      170 27 Are Singaporeans an uncaring let? EES.- DH crawledl faint in three busy. I spots.Yet nobody QOWII helped her. fUp She had to crawl UIC SlCpO down the stairs of Kiij- ftIPV an overhead bridge I «7 to get to a clinic. sljfl riflf And nobody helped IBi help me She
      170 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      307 27 Remove vital parts of tea- jj^ service that's broken (10) 9 Turn pale, guilty perhaps? P® I j I f I I 10 Military assistant has crazy 111 to abscond (4-2-4) 11 Unreflned hearty per- HHHPL_Bfl__Bl^^|BL_Jl^HH—HH—— haps (6) I I 12 Kansas city involved with __——^®r™-T——^ 15 Remains within easy
      307 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      210 27 Singapore Outlook: Hazy with showers over many areas in the morning. Report Maximum temperature 31.5 Assoc humidity 68% Minimum temperature 24.6 Assoc humidity 96% Hours of sunshine 0.00 Rainfall in mm 14.1 Rainfall this month SS.6 Rainy days this month 6 World Forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Windy Bangkok
      210 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      31 27 ON KxoNDwy I'LL se e*o< curses' rwGerhuG w BAD THIS is rr.-rweN....TneiAST ON -twe. trenxwu. D u!J'i>' >uSrcorr 46u Df\y OF MY HOUOAY w WOUK.".. 851® CEVENING ST ANDAHD CO. LTD,
      31 words
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  • Article
    Lock icon KL sees sharp slowdown in foreign investment
    305 28 Agencies KUALA LUMPUR Malaysia's overheated economy suffered a sharp fall in- the growth of foreign investment in June, possibly signalling a slowdown in economic growth, a banker said yesterday. Bank Buruh (M) Bhd executive director Ramon Navaratnam told reporters that government figures showed
    Agencies  -  305 words
  • Article
    Lock icon Economic upturn to begin by year-end: Unctad
    505 28 UN body predicts doubling of world trade growth next year Reuter GENEVA The United Nations forecast yesterday that the world economy would begin the long haul out of recession towards the end of this year. The UN Conference on Trade and Development (Unctad)
    Reuter  -  505 words
  • Article
    Lock icon State Council discusses food plan
    474 28 Crisis in the Soviet Union AP MOSCOW President Mikhail Gorbachev presided over a meeting of the Soviet Union's interim governing body yesterday to map a strategy to stabilise food production and distribution this winter and debate a new treaty on economic relations among the republics.
    AP  -  474 words
  • Article
    Lock icon A Gatt accord will curb EC farm policy, says report
    259 28 Reuter LONDON A Gatt Uruguay Round agreement, even with modest reforms, would restrict the development of European Community farm policy, Agra Europe (London), an independent agricultural intelligence agency, said in a report yesterday. "Gatt proposals... represent the beginning of the
    Reuter  -  259 words
  • Article
    Lock icon Rift with army casts doubt over Anand's future
    370 28 AFP BANGKOK The chances of Thai Prime Minister Anand Panyarachun retaining power until a general election is held have been thrown into doubt as a rift worsens between the military, which seized power in a February coup, and its civilianappointed government. In
    AFP  -  370 words
  • Article, Illustration
    Hidden strengths of Japanese economy
    629 28  -  The Bottom Line GAIL FOSLER GAIL FOSLER The writer is vice-president and chief economist for The Conference Board, a leading business network. An earlier version of this commentary appeared in a Board newsletter, Straight Talk From the Desk of the Chief Economist. THE Japanese economy
    629 words
  • Article
    Lock icon Deposition hearings on Equiticorp affair open in NZ
    326 28 AFP AUCKLAND Deposition hearings in what is expected to be New Zealand's largest and most expensive trial opened yesterday, with six officials of the failed Equiticorp group of companies and a lawyer facing fraud charges. The charges, filed before the Auckland District
    AFP  -  326 words
  • Page 28 Advertisements
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      223 28 Baume Mercier GENEVE 1830 Georgia strengthens bid for independence, China forges ties with Baltic states, Pg 8 "It's great to be slim!" composition ...when you register now for a weight-loss and I inch-loss programme at no extra cost. Results are guaranteed. v 1 P This scientific computerised test will indicate
      223 words
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      Page 28 Advertisements Column 2
      193 28 JIL Baume Mercier GENEVE 1830 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic Cheque-writing! More and more offices today are to MAX electronic checkwriter for chequeJ writing efficiency. I BtMt error tr clean and M Ho pre-inked ribbon No selector lev# to move. No handle to
      193 words
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  • Shipping Times
    • Article, Illustration
      Why traffic flows freely in Singapore
      342 29  -  By Dexter Lee SINGAPORE Uncongested roads here are the fruit of a land transport policy embodying a judicious mix of planning, engineering, administrative and fiscal measures, said Communications Minister Mah Bow Tan. Speaking at the opening of the City Trans Asia '91 conference yesterday,
      342 words
    • Article, Illustration
      Flexible transport strategy needed in future
      293 29  -  City Trans Asia '91 conference By Rahita Elias SINGAPORE Singapore has been "clearly" successful in implementing its balanced multi-modal transport programme, said Mr Robert Hubbard, chairman and chief executive of Wilbur Smith Associates. Speaking at the City Trans Asia '91 conference, he also outlined
      293 words
    • Article
      IT will affect commuting in Singapore
      350 29 SINGAPORE Advances in information technology will reduce but not replace the need to travel in the future, said Public Works Department director-general Dr Tan Swan Beng yesterday. Dr Tan was painting future scenarios in a paper on "Future directions in transportation in Singapore" at
      350 words
    • NEWS SUMMARY
      • Article
        A helping hand for CMB
        44 29 BELGIAN transport company CMB Transport now has a strong partner, Safmarine, a subsidiary of the big South African Safren group, to help it in its efforts to rehabilitate, rationalise and search for profitable developments in new areas. Page 2
        44 words
      • Article
        Johor Port may suffer from congestion in '92
        69 29 JOHOR PORT, one of the busiest ports in Malaysia, may face the prospect of stagnant growth in cargo throughput next year, according to the Johor Port Authority (JPA). With no new facilities coming onstream in next year, the news of more cargo
        69 words
      • Article
        Asean shippers, FEFC talks fail
        47 29 TALKS between the Far Eastern Freight Conference (FEFC) and Asean shippers on the General Rate of Increase (GRf) broke down last week, leaving shippers no choice but to pay higher sea freight charges for shipments to Europe beginning Oct 1 Back Page
        47 words
      • Article
        Seoul's shipbuilding output hits record
        33 29 SOUTH KOREA'S shipbuilding volume reached a record high for the first eight months of this year, due largely to a stable labour situation, officials said yesterday. Back Page
        33 words
    • Article
      Continental still in talks with investors
      87 30 HOUSTON Continental Airlines Holdings Inc's Continental Airlines unit said on Sunday that it was continuing talks with potential outside investors and merger partners who have expressed interest in participating in its restructuring. The statement came as Continental denied certain published reports saying that carrier
      87 words
    • Article
      Transrapid decision by year-end
      90 30 FRANKFURT German Transport Minister Guenther Krause said in a radio interview on Sunday that a decision about whether to build the magnetic levitation train Transrapid in Germany should be made by the end of this year. In an interview with Hessische Rundfunk, Mr Krause said there
      90 words
    • Article
      Porsche plans layoffs, shake-up
      105 30 BONN German carmaker Porsche intends to lay off hundreds of workers and change management in the wake of decreased profits, Der Spiegel magazine said in an article which appeared yesterday. Ulrich Bez, in charge of development for the sports car manufacturer, will be relieved of his
      105 words
    • Article
      ANA to cut capital spending
      105 30 TOKYO Japan's All Nippon Airways Co Ltd (ANA) will cut its mid-term capital spending forecast by 10 per cent, financial daily Nihon Keizai Shimbun said on Sunday. The current forecast for capital spending is 1.4 trillion yen for the five years from the current year
      105 words
    • Article
      Freighters collide off Spain
      115 30 MADRID A Polish freighter was seriously damaged on Sunday in a collision with a container ship 100 km off Spain's northwest coast, Coast Guard officials said. Fifteen of the 19-member crew of the Koscierzyn were rescued shortly after the collision as several ships and a rescue
      115 words
    • Article
      DAILY FREIGHTS
      859 30 THE Pacific grain routes oil Friday fell slightly because of reduced activity in the sector, while the Baltic Freight Index rose one point to 1,552, brokers said. The transatlantic single voyage grain route roae marginally to US$l3.OB from U5513.04. Capesize routes were steady to higher on firmer seasonal
      859 words
    • Article, Illustration
      Lock icon A helping hand for CMB
      1330 30 Belgian transport company CMB Transport now has a strong partner to help it in its efforts to rehabilitate, rationalise and search for profitable developments in new areas International Transport Journal ON LAST July 22, the board of directors of Safmarine, a subsidiary of the big
      International Transport Journal  -  1,330 words
    • Article
      INDEX TO ADVERTISERS
      863 30 Page Cd ABC Containeriine 12 1 Aeropak It 3 Accord Group 8 1-3 APL 3 3-3 APC Line 13 3 Arrow Inter 9 4 •ASCL 3 I ANL 3 1/2 Bah Canada Line 7 4/3 Bait Orient line 7 4/3 Batamindo IS 3 Bangladesh Shpg 8 3
      863 words
    • Article
      THE SHIPPING GUIDE
      10247 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
      10,247 words
    • Article
      SHIPPING AGENTS
      3311 43 Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group; Accord Shpg Pte Ltd (SyAccord Contr Line (PK7PN). Adkris Business Corporation Philippine: Caisource Shpg A Trdg Pte Ltd (S) Ahreakid Liner Service: Kim Shpg Trdg(S). AJhatros Sea-Air Service: Frata Shpg Pte Ud (S). Alfred C Toepfcr Line:
      3,311 words
    • Article
      COURIER SERVICES
      261 43 A bam Coarkrs TeL 545-8011. Fax; *****98. Air Express Tmd TeL 533-5771. Fax; *****44. Ah fax Be Fieight Corporation Tel: 542-8844. Fax: *****16, *****80. Ainwill Worldwide Coarkr Tel: 278-0188. Fax; *****83. AJS Sappiks Tel: 748-6322 (2 lines), 747-7421. Fax; *****75. Chy-Liak laWraatinaal Td: 344-3377. Fax: *****50. Chur 1M
      261 words
    • Article
      AIR FORWARDERS
      1536 43 Ahex Express Freight Td: 542-7171. Fax: *****84. Actiak Forwarder Td: 225-1833. Fax: *****42. AfHwlr Td: 542-7sffSui: *****20. Aeroliak Freight laternatioaal Td: 545-803? Fax: *****05. Td 542-5911. Fax: *****18. Ak Cargo Now Express Td: 542-5454. Fax: *****06. Ak Express lateraatioaal TeL 542-7666. Fax: *****74, *****50. Ak Market Express Td:
      1,536 words
    • Article
      SHIP SALES & TANKER RATES
      1480 44 SHIP SALES TANKER RATES British Sted announced last Thursday that following the numerous casualties in the ore-carrying industry there will be a strict scrutiny of tonnage before they are willing to take in tonnage either on trip business or time-charter. The replacement of both wet and dry bulk fleets is
      1,480 words
    • Article
      AIR FREIGHT SCHEDULE
      551 44 ARRIVALS DEPARTURES Of Flight Typt ETA T Fro. Of FUgkt Type ETD T To TOOAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      551 words
    • Article
      CRUISE & FERRY SCHEDULES
      370 44 CRUISE FERRY SCHEDULES GfflftSf SHIPS Att Pep Na—e rfVawl ETA ETD hrtirfQii Ft Apt SEP 17 17 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 18 18 Con Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 21 21 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 22 22 Con Princess 1000 1800 Sin-Jakarta-Sin Sembawang
      370 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        445 45 fM Brt **H Mprtw Itewt %W» B«rth fatoH IMm TraW 1 Scmbawang TtrmiMl Batan Bare m MM Honpde 17.09/2300 Pan Crystal P161 S03 akupde 16 09/0930 Brian Mp *****1 MM rionptfe 17 09/0500 Pefcan Arro 75 S02 alot«adt 1609/1800 •Man* 1 95S M01 Honpde 16.09/2359 Dynwrn: *****
        445 words
      • Article
        CONTAINER SCHEDULE
        927 45 RECEIVWC OF EXPORT FCl CONTAINERS AND LCL CAR60 Racvd Bookag/tMnct Mfc 9* v«y No Emm P«M From To From M IMab 58A 17/1000 1 15/1500 15/1659 15/1900 2 15/1700 16/0659 16/0900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Matf 917 17/1900 1 15/1500 15/1659 15/1900 2 15/1700
        927 words
    • Article, Illustration
      Johor Port may suffer from congestion in 1992
      408 46  -  From Jimmy Yeow in KUALA LUMPUR JDHOR PORT, one of the busiest ports in Malaysia, may face the prospect of stagnant growth in cargo throughput next year, according to the Johor Port Authority (JPA). With no new facilities coming onstream in next
      408 words
    • Article
      Lock icon Asean shippers, FEFC talks fail
      433 46 Freight to Europe to cost more from Oct 1 under new GRI MBT KUALA LUMPUR Talks between the Far Eastern Freight Conference (FEFC) and Asean shippers on the General Rate of Increase (GRI) broke down last week, leaving shippers no choice but to pay higher
      MBT  -  433 words
    • Article
      Lock icon Seoul's shipbuilding output hits record
      201 46 AP SEOUL South Korea's shipbuilding volume reached a record high for the first eight months of this year, due largely to a stable labour situation, officials said yesterday. Kim Jin-Sun, an official at the Trade and Industry Ministry, said the nation's shipbuilding volume during the
      AP  -  201 words
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      Page 29 Advertisements Column 1
      120 29 .v.---y:y;x wy eF* jF% VfHJT In conjunction with similar cost recovery action currently being undertaken by various other trade lanes, shipping lines (as listed below) have decided to apply a Terminal Handling Charge (THC) of Singapore Dollars 149 per 20 footer and 211 per 40 footer for all shipments from
      120 words
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      Page 29 Advertisements Column 2
      80 29 IKk- 1; tt*i|P fp x t |^^^pHHßHi^. I'' MASkargo H m HASfeamft H jiiiMMiMMH I 1 umttmi itff>>ti I )•—BiMiMtMtf in initii I wr* I f-malausla I H For enquiries, coouci Malayna Airlines Kuato Luapv Cargo Sain Td: 03-770-24tS/241t/2411tt295/23t*****. Tk KULFZMH/KULFSMH. Fac 4ft-J-7#-WSJ. Kuala Lumpur Carp Reservations Td: 03-770-2<W2077<322V2492/27«. Tk:
      80 words
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      Page 29 Advertisements Column 3
      43 29 Hi fanwrtw 15 Mr Fntft ScM* Contmr SdwMi l) Countr Serves 15 Craat Fwry SdaMai 16 o*l FihM* 2 MnltMwfHn I SMppmcAptt 15 Stapp* fiaii HUI 9apaata/T«har Mm 16 Sh* m Port 17 SnppmTMi 17 Impart Owry 13 WMhar and Saa Mm 17
      43 words
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  • Page 31 Advertisements
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      2115 31 OOCtOPTCLTP-JAHDWEWWrtIQ AOEMOCT till#* TEL: *****11 FAX *****08 Alllf# BOOKHQM TEL: *****34/*****58 BrffßrmMM TERMINAL/CPS TEL: *****18-220 rCon9l PESAJCA JARMNE BMPPMO AGENCIES SON. BHD. L\WgF J PORT KELANG TEL: *****18 FA* *****91/*****88 PENANG TO.: *****4 FAX; *****1 CPS TEL: *****6 SSS Dedicated to Quality Service poh tel. *****3* fax *****6 EEB&ZSZS 1
      2,115 words
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      Page 31 Advertisements Column 2
      1634 31 TRANSPORT MARY Seft 24-25: Seminar on Marine Insurance in Carrier's and Shipper's Perspectives, organised by Facs World at Carlton Hotel. Oct 15-lfc Seminar on Trading, Shipping and Banking Documentation for Procedural Export Operations, organised by Facs World at Carlton Hotel. Now 25-28: The Far East Maritime and Offshore Services "91
      1,634 words
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      Page 31 Advertisements Column 3
      1557 31 Pfl»,MjrL-I!JIUI=n WEEKLY SAILING TO MIDDLE EAST L TOBIAS MAERSK ¥9118 ETA SIN 19/9/91 Vws Vo* I ETA I Fro I Feeder by Singapore Markur Delta DESTINATIONS to TMs wsek Motfoby Maarak 9108 jMMWWWIBH— WW—W— 24/ v 0800 HAS pHBIIHpiBBVVBHMHHBiIIIiIMBBHIBpHIHHifIHHI CF 8 23/8 2388 MRS Kalang Panang OAK LOB HOU MEM
      1,557 words
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      940 32 1 I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE Mm KURAAAA 12/137 19/S 12/10 S/10 7/10 FRANKFURT EXPRESS 50/337 24/9 11/10 13/10 IS/10 17/10 il! M I ><■ KAMAKURA 19/13S 2S/9 13/10 DRESDEN EXPRESS 01/33S 29/9 IS/10 IS/10 21/10 22/10 IliSiHHiHiilk KASUQA 1 17/139 3/10 29/10 22/10 21/10
      940 words
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      Page 32 Advertisements Column 2
      621 32 tEAifACilfiTK* msumusauam ftfi NOU tllU poT copiapo mho 1/10 STu) a/10 jfAo ALSO ACCfFTOM CAMO RA SUM TO: LAUTOKA, FAOO PMO. WW t MKUALOAFA DMECT 011/ SOUTH AMERICAN SOVIg M KM <WF VAP OLX COPIAPO 2601E8 5/10 6/11 10/11 16/11 17/11 ALSO ACCfFTIK CAMO TO MKA, SAN AMTOMO MB COQUBMO
      621 words
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      Page 32 Advertisements Column 3
      1146 32 RgQULAW MWWIBir WIU. COMTMWM BWVICt WE!ffll6UNb FOB EUROPE 1 1 WL/WT m ALfi KL MM M FB. ROT ART t UI (in (BA m o NORMM AL4WMTAZAH 1127-3 lf/0f 07/lt St/ 10 12/10 5/10 11/10 U/10 IS/M NORASM SNMNTNA •120-3 21/00 13/10 IVIO 11/10 11/10 17/10 11/10 It/10 20/10 MMASM
      1,146 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1516 33 gUsjeomers Maritime Holdings Ltd p&O MFK STRAITS SHIPPIWGI Containers i m J** ®t S'ttw M| to AM Ort Hbf »CCfP T 5 3U j £££7. liif ,v i? /w "/MW/M M/M iSo CREHTM. SAT MM 11/W M/M 21/ M M/ll It/It 12/ It RAJAH HOOW *JB£ Muarl. Lak KK 17
      1,516 words
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      Page 33 Advertisements Column 2
      1410 33 ■PeflwlßEroEH mati/YOT W m a a nm w to wrc mir/wt *yc no* m»ou ig« om L MR XMTU ITU7 21/t 14/14 lt/10 27/11 Vll VII VII KWTOM KMTOR MUM 2/i j/i *7! <•/. —STgauruKtLOtr trim n/t 2vu 25/11 J/u »/u Vll m/u ii/n monokine km rot mm 7/1 u/i
      1,410 words
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      Page 33 Advertisements Column 3
      327 33 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OfiAKA/NAfinvA/ TOKYO/YOKOHAMA i COSMIC LEADER V 4 I ETA SPORE 21/9/91 ETA PK 22/9/91 ETA OSAKA 5/19/91 I ETA NAGOYA 12/19/91 ETA YOKOHAMA 19/19/91 i IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT UOMTHLV BAHJMQR U STORE PK PI DM CI Ireiw w% vn n/i u/m i//m
      327 words
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      555 34 CR NBR 11*27******-0 ft, EXPKSS SEMI-CONTAINEHSNIP SERVICE TO EVMPE D»/W STOK HMM/MMM HTUK BREMEN ANTWERP JMTMAM/3MB 10/10 12/11 17/11 21/11 23/11 "I FAST TRANSIT TIME ACCEPTMQ BREAK B4JLK/CONTAJNERtSEO CARGO 'M|»l to !■<—mmt Atoo —fw cargo to Cmtlwei, TM S«M, Part Atoaandrto, Oanoa, Trtoato. *LSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA
      555 words
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      Page 34 Advertisements Column 2
      836 34 I Gft I V HANJIN SHIPPING M. tnnrDfiiu I fc? ATM MM (MM MV FEL FEEDE* VSL SM LINE HAUL LGB OAK I*?!*! j!?!™** Mg 23/9 10/10 11/1° 12/10 12/10 13/10 14/10 HAIWOI SEATTLE 020E 23/9 OMECT 14/10 17/10 KSSS Si2S?®JS" /9 i 7/ 18/10 19/10 19/10 20/10 21/101 HAW*
      836 words
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      Page 34 Advertisements Column 3
      57 34 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY St THURSDAY OWNERS A OHIRATORS OP CAROO VESSEL, TUQS A BAROBS SPBCIALISB W HBAVY-LBT, PROJECT CAROOBS TO ALL INDONESIA. MALAYSIA, THAILAND. PHLPDIB PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUOS A BAROES. TEL: *****26 FAX: *****63
      57 words
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      Page 34 Advertisements Column 4
      1063 34 «iM k'l H"M -KHTM I nvHtauMintiiiKmuiai ml tncu«r MWKMnrwepsMn w'B l E j?y *V» M/> M/» l/ll VII 1/M OflO 11/ M 11/ M L2/M 14/1# 25/11 l/U l/U 14/tl 11/11 21/11 a/11 22/11 24/11 4/12 14/12 11/11 tvi? I E OKT K-4M 2/1# VM 4/M l/ll 11/11 M/U IS/II
      1,063 words
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      Page 35 Advertisements Column 1
      1157 35 V NEPTUNE AGENaES PTE LTD SINGAPORE TEL *****77 (CR NO: **********06) I R9?5L N NEPTUNELINKTEL :*****00 *****16 TERMINAL OFFICE *****22 BBS B AUST/INDIA/PAK SERVICE279OIIB C?S C^ E EXPORT EPT 222^25^*****04 QS JVVJw N^€^BHOMAU^U 14S CFS K27 IMPORT :22»SSg 'Jor jCL.-(03) *****33, P. Kelangjo3) *****87, Penang-<O4) *****0, J.Bahru-<O7) *****3 *****4 PTINTI
      1,157 words
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      Page 35 Advertisements Column 2
      487 35 mSJ? H/2 KAOHSMNG 19/9 COLOMBO 20/9 HAMBURG 22/9 KEELUHG W/9 20/9 LEHARVE/LONDON 24/9 HONG KONG 23/9 MADRAS 19/9 FELIXSTOWE 24/9 CHTTTAGONG M/o GENOA 24/9 MANIA 20/9 CALCUTTA 20/9 MARSEILLES 24/9 /q 1 20/9 ROTTERDAM 22/9 23/9 VTTRniVmHHHHi Bangkok 22/9 JAKARTA 21/9 SYDWEY 25/9 fl PORTKELANG 20/9 IkOBE 23/9 [PENANG 20/9
      487 words
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      Page 35 Advertisements Column 3
      832 35 «SINSOV 1 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 J (REGULAR INDEPENDENT SERVICE) g r FULL CONTAINERSHIP SERVICES I MLA IM VOV M HQ. MM BHV lE. *MfT VFftfi
      832 words
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      975 36 ICR No-**********0M) T VWTn AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD IV LIME MALAYSIA KAWASAKI KISEN KAISHA, LTD Indonesia: K. 570 a** 1 "V &g*jf «.Mcfio south west A s iiport njui erica paorc south west n f qS^s^y mc Z iTT r st. i» p\ I OWCT CAll 25/9 r;,.«
      975 words
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      Page 36 Advertisements Column 2
      1022 36 ®5S PHILI-Oft/€NT UN€S PT€ LTD i I AIR, LAND °R 5EA..... I WE TAKE ON THE WORLD FOR YOU flqg I s I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION «Hr I I 10 eco 124 SEP I > I 19 SEP DUBAI. DAMMAN, SHARJAH, DOHA, I VANCOUVER, SWESTERN ONTARIO I
      1,022 words
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      Page 37 Advertisements Column 1
      855 37 PACIFIC INTERNATIONAL LINES (PTE) LT 140 Cecii Street #0300, Singapore 0106. BANGKOK VOV B,H JKT BIH VESSEL VOY SIN BKK aim 1 14/ 21/1 14/9 PEGASUS PROGRESS SS4N 19/9 S/9 »/9 •UWOA TVRATAI 303 22/9 24/9 M/ 9 JENLINK TON 20/9 VUt *7/9 10UATOR MAS 17N 21/9 23/9 2S/9 KOTA
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      Page 37 Advertisements Column 2
      801 37 d f BEN LINE Cum AINERS LTD > I 2UO Cantonment Road Td- w«w |s^ s re °ffi ,nt E\ I— 208 Tdex: RS ***** I VOV NOS SPORE L f E^ A n V c R e E S'HAMPTON HAMBURG GOTHENBURG 328 wj gHo G <NV SCAW S™*" I
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      Page 37 Advertisements Column 3
      490 37 m myanma I VJMMA FIVE STAB UNE I (Myanmar National Ltoo) Loading lor Ym(m (Rangoon) I AM VIIAW fC* F-C*' I MM Wliow In H H/20 S«c I HPA-AM VI67W 20/24 to I LASWO VI37W 11/20 to I MfiAN VI7SW 22/24 to '2A THE BANK UNE i "■'sassr; I f
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      Page 38 Advertisements Column 1
      106 38 Regular Breakbulk Service from Far East to Mediterranean and Red Sea Ports Vesset/Voy Sin Destinations Bechar 21/09 Algiers, Port Sudan Note: Inducement Offers Welcome QfWfl Agonto: OPTORG SHIPPING PTE LTD T«fc *****44 Fax: *****51 Tlx: ***** Bookings; *****24 BHPO CORPM JKT TEL. (021) *****3 FAX: (021) *****1 TLX: 4—M LARBEN
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      Page 38 Advertisements Column 2
      170 38 j£i cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADMQ F=OR a vessel yyoe Rotterdam/ Antwerp CHINA CONVENTIONAL 86RV1CE VESSEL PKL PNQ PQ LOADtNQ FOR A VESSEL 2MJO 3*oo QUANQZHOUMMNOPU COSCO PULL CONTAMER SERVICES (FCUFCL) EXPORT TO: CHNMBMONOWHONQKONa EUROPBOONTMENTAL WEST MHXTERRANEAN AUSTRALIA US WEST OOAST ARAB PERSAN QULRKARACH PLEASE REFER
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      Page 40 Advertisements Column 1
      703 40 i TO AUSTRALIA/MEW ZEALANO m S mm BE |sy« u K p chm.M C. KROUC 271 2/10 7/1* 12/10 11/11 22/10 Hmnm 27T" 21/10 20/10 2/11 0/11 11/11 13/11 U/ll MM 201 14/11 21/11 2f/ll 1/12 7/12 0/12 10/12 J— aZS hum Hi 17T5" 0/12 u/12 10/12 20/12 27/12 TO
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      Page 40 Advertisements Column 2
      879 40 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE 0UT80U8) WT HU. PEN KT Ml MB. HKC RAO Kg TTO SMZ NGO ROB VESSEL VOT SM ML PEN BIN SM J TM MEL OPT 308 14.9 **16.9 179 219 24.1 269 I,l> M 6 111 ACT MCE
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      Page 40 Advertisements Column 3
      213 40 PERUfAHAAtf f FIaVaKXA I i \MT KALIMANTAN i r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I Vassal eta/etd destwatkm I NMGA XXI toy 20/91 11/19 Sap Marta/Fat«nb«i| i I NMGA XXI Voy 21/91 20/21 Sap lakarta/Patanbani NMGA 42 Vty 10/91 23/24 3«p t i NMGA XXI Vay 21/91 20/27 Sap
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      Page 40 Advertisements Column 4
      1312 40 W~ CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINES SERVICE uhmui menu SINGAPORE'S GENERAL AGENTS: MDONBM? MENU CHUNG CHIAO SHIPPING SON BHD COSTAR SKIPPING PTE LTD f-T. GLOBAL PUTRA *L TEL *****91/S7 F/UL *****92. *770 Mt L MDfINFSIA lIAHTBff 4 1 w-AssMiisr GUAM GUAN SHMYK SON BHD momntwai« iWiKSBMB" Kwr" roiAW
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      Page 41 Advertisements Column 1
      431 41 rot hoc«xsf tftouiwphoss A joonw toy 1^*****55(8 w^s) Fcpc *****92 FAST DKECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA ETO LOADING FOR DELI INDAH 16.9.91 17.9.91 PK BALAM LAMPUNG IAYA 20.9.91 21.9.91 PANJANG/PALEMBANG PINANG JAYA 23.9.91 24.9.91 PAM JANG PERITA JAYA 24.9.91 25.9.91 PANJANG/PALEMBANG ABAW JAYA 25.9.91 26.9.91
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      Page 41 Advertisements Column 2
      492 41 W^TTicHnEUHKi!^^ TEL: *****33 (12 Unss) SS m FAX: *************** Daj TELEX: R8 ***** RBHIP (3 Urn) i§\ ETHIOPIAN SNIPPING LINES 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ABYOT 28WB 30/09 DARESSALAAM. MOMBASA OJIBOUTI ASSAB. MASSAWA ANOINET 25W8 28/10 DARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      Page 41 Advertisements Column 3
      835 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ET» ETA STORE POUT KELAAS PfIUNG Km INK 28/9 Loading tor Male MtWM HUOHU 30 9 Loading lor Calcutta otxrm 17/9 Loading for Male MWtt* sum* 23/9 20/9 Loading For Mate OONAKULH 30/9 Loaded For Feiiwaru HIOGKSS inn 30/9 Loading tor
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      Page 41 Advertisements Column 4
      418 41 JAKARTA BANGKOK DMA EWAM 07S 10/9 21/9 NAWTA BHUM 81 Tkw lt/9 Sm 22/9 BHUM 109S 21/9 24/9 KITI BHUM* 02N T>ur 19/9 Sm 22/9 P«AM MS 25/9 2S/9 CHAIYA BHUM# 24N Sat 21/1 Tm 24/9 > U5 MAMA BHUM# 7SN SM 22/9 «M 2S/t1 SURABAYA NAWTA BHUM MN ~TI>.
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      Page 41 Advertisements Column 5
      324 41 ®>mm TMR-Wi VOY iWOWOW MAOWAi jrUEOli VESSEL VOY SM IMA SM IMER BAT' 173N 19-19/99 29-27/99 03-04/10 TIGER CUFF 04CS 24-29/09 91-92/10 99-99/19 TNER STAR 174N 29-29/99 95-07/19 19-14/19 *> m vie vov ■fiBBBS£HBBWHfiNS" VESsa voy sm cal wk TIGER RIVER 134CN8 19-19/99 29-29/99 99-99/ li EABLE BREEZE 979 27-29/99
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      Page 42 Advertisements Column 1
      954 42 MAC-NELS S'PORE IMPORT^22I6OO2 I PENANQ: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SIN KtN PK S,N 18/9 19/9 20/9 Ldn/Fh/Rdm/Ant SJSpt Loui. 17/9 ?«/Q fJ/J 17/9 18/ 9 1 49 |/Stwkh^/0s, 23/9
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      Page 42 Advertisements Column 2
      42 42 OPS Orient Pacific Services (S) Pie Ltd BIN LOADING FOB TBN 2-5 OCT Savannah. Chartaaton, Norfolk YANNIS II 15-20 OCT Loma. Tama. Abidjan. Dakar «0, Marina Parada Road #®*-1S Wwoy Parada t'pora 1544 Tal: *****11 Fas *****11 The M 203*0 OPS SIN
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      Page 42 Advertisements Column 3
      329 42 BLUE star line TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPI AKL LTT SIM MANDMM 0504 7/10 VM NPI 9/10 26/10 mEMER 14S 21/5 11/10 MA NPI 13/10 30/10 MU.BERA 23S 11/10 23/10 VM NPI 25/10 11/11 FULLY CONTAINERISED SAILINGS DISCHARGING
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      Page 42 Advertisements Column 4
      1120 42 I 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 SINGAPO^TO^E^S^vSy^ KSSEL Iwr |ETA [MIT jfggL m I SPttE |p. nna KIM SOON LI 31/91E 19 SEP PENANG JENWEL 22N
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      Page 44 Advertisements Column 1
      6 44 Read Chartpoint in BT every Saturday
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      129 44 LIVING IT ffik 7 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tiead lightly, but even when we don't, youll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      129 words
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      Page 46 Advertisements Column 1
      808 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EASTBOUNO FEEDER TO PACIFIC SOUTH-WIST TO PAOFIC MOUTH-WIST www I m Imam wr jjg o* lurihmr. wt tcm/sm m 1 «KnHM2M 000 14/ M 17/09 11/ M ULANM 431 14/11 17/11 IS/11 TOW MB Ml 11/1* 14/11 RM NM
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      Page 46 Advertisements Column 2
      197 46 I REGULAR WEEKLY CONSOL TO: I EUROPE Milaro Geao« I Felixstcne Hamburg I I Antwerp Rotterdam I |gg| FT. CELEBES LINES dedicated feeder service to from Surabaya Veeeel Voy ete Sin «ta Surabaya Bontang Pacific 028 20/08 25/09 Tanto Utama 195 24/00 27/00 Bontang Pacific 038 28/00 02/10 Tanto Utama
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      Page 46 Advertisements Column 3
      434 46 CHARTPOINT Every Saturday in Business Times IMPORTS from FAR EAST one vessel EVERY week Japan, Korea, Taiwan, Hong Kong SM JKT MNL BKK BSB PEN PKL JOH Tal: *****11 *****66 *****76 *****26 *****3 *****6 *****66 *****2 Fax: *****50 *****14 *****76 *****17 *****6 *****6 *****66 *****6 p- rr- r| a itrr
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