The Business Times, 18 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 Wednesday, September 18, 1991 75*
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  • NEWS SUMMARY
    • Article
      US industrial output up 0.3pc in August
      63 1 WASHINGTON US industrial production rose for the fifth consecutive month in August, increasing 0.3 per cent, the Federal Reserve announced yesterday. The August increase was smaller than previous gains of 0.8 per cent in June and 0.6 per cent in July, but analysts
      63 words
    • Article
      Seoul suspends Indosuez licence
      31 1 SEOUL The Finance Ministry suspended the Banque de Indosuez's licence for foreign exchange business for one week from tomorrow for breaking foreign exchange regulations, the officials said.
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    • Article
      Fujitsu to boost R&D
      23 1 JAPANESE multinational Fujitsu plans to double its research and development activities in Singapore over the next year Page 2
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    • Article
      Indon team signs deals
      34 1 TRADING and investment contracts worth US$9OO million (S$ 1.5 billion) have been signed between members of an Indonesian mission and the Chinese during a 10-day visit to Beijing Page 8
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    • Article
      Unido helping Dhaka
      27 1 THE United Nations Industrial Development Organisation is helping Bangladesh to woo foreign investors and is holding a seminar in Singapore in November Page 10
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    • Article
      Recovery soon: OECD
      38 1 THE INDUSTRIALISED world will witness a new recovery in the next half to one year, but high budget deficits in these countries are threatening capital flows into Eastern Europe, says an OECD panel Page 11
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    • Article
      Minefields ahead
      27 1 WHILE the economic argument for a Central Asian grouping has its attractions, the idea may never make it past the innumerable political minefields Page 13
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    • Article
      Fears of lawyer glut
      28 1 THE INCREASED number of law students and graduates has caused concern that there may be too many practising lawyers in the future Page 14
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    • Article
      Carrier weighs findings
      31 1 TRADEWINDS, which hopes to launch scheduled services to China in 1992/3, is assessing the findings of a team which was there earlier this month. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow unchanged
      35 1 WALL STREET prices were mixed early yesterday in uneventful trading. The Dow Jones average of 30 industrials was unchanged from Monday's close at 3,015.21 at 1430 GMT in the first hour of trading.
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    • Article
      Footsie lower
      32 1 LONDON shares were lower at midday yesterday, depressed by poor earnings results. At about 1115 GMT, the FTSE 100-Share Index was down 13.3 points, or 0.5 per cent, at 2,592.7.
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    • Article
      101 optimistic
      30 1 INDUSTRIAL Oxygen Incorporated Bhd is anticipating a doubling of pre-tax profit to almost Ms4o million (5524.64 million) this year, thanks to earnings from its property developments Page 3
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    • Article
      SRC move to cost more
      35 1 SINGAPORE Refining Company's proposed upgrading is expected to cost an extra US$l5O million (*****.5 million) because a 60.000-barrel-per-day crude distillation unit has been added to the original plans Page 3
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    • Article
      CMB earnings up 59pc
      30 1 CMB Packaging Singapore Ltd has achieved a 59.2 per cent increase in interim earnings to $9.98 million for the half year ended June 30 Page 3
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    • Article
      New division launched
      16 1 THE STANDARD Chartered Group yesterday launched the Standard Chartered Equitor Group Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 683.70 -3.57 Kuala Lumpur ....536.32 -5.02 Tokyo 23,443.61 +309.18 Hongkong 3.938.71 -14.82 Sydney 1,553.5 -1.0 Monday Change New York 3,015.20 29.51 London 2,606.0 -19.8
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    • Article
      CURRENCIES
      24 1 Exchange rtftes USS SS 1.6935 100 Yen SS 1.2685 MS SS 0.6159 Money market rates Overnight 4 7/8 unch 3-month 4 13/16% -1/16
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    • Article
      COMMODITIES
      39 1 London Gold AM fix US$346.35 USS 1.45 Rubber S pore Oct.... 134.75'/kg -1.25 M'sia Oct 223.00*/kg -1.50 KL Tin Turnover 38 tonnes -33 Spot MS 15.10/kg -0.05 Crude palm oil Turnover 995 lots -260 Oct MS801 /tonne -2
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  • Article
    Indonesia sees rush of money-broking applicants
    388 1  -  S'pore firms among those in joint bids with Indon giants By Chew Eng Han SINGAPORE Indonesia has invited local and overseas interests to set up mon-key-broking houses. And the response has been enthusiastic, with more than 30 applicants chasing fewer than five licences. Indonesian
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  • Article, Illustration
    Lock icon S'pore dollar soars to new high against greenback
    170 1 SINGAPORE The Singapore dollar surged to a new high against the US dollar yesterday, in line with the latter's fall against most of the major currencies. At the close yesterday, one US dollar was worth only S$ 1.6940, erasing last week's record
    Chart by Telerate  -  170 words
  • Article, Illustration
    India using S'pore to woo investors
    536 1  -  Series of international seminars to kick off in Singapore By S N Vasuki SINGAPORE Singapore is the venue for the first of a series of international seminars organised by the Indian government to attract foreign investment into the country. Indian Finance Minister Manmohan Singh,
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  • Article, Illustration
    Alliance Tech deputy chairman to face charges today
    329 1  -  By Magdalene Ng SINGAPORE Alliance Technology and Development yesterday told the Stock Exchange of Singapore that its deputy chairman, Mr Chwee Meng Chong, would be charged today for offences related to dealing in the group's securities in March 1989. In its notice
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  • Article, Illustration
    Oei, Sinar Mas in takeover bid for HK firm
    470 1  -  By William Chia SINGAPORE Oei Hong Leong, the former boss of United Industrial Corp who has shifted his corporate deal-making to Hongkong, is spending HKS2OO million (5543.6 million) to acquire majority ownership in a Hongkong-listed company. Mr Oei and the Sinar
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  • Article
    Who pays for the party?
    76 1 SWING SINGAPORE, the 25th Anniversary celebrations, the National Day carnival and party... There is a price to be paid for all this merrymaking and the government is passing the hat round more often. Big companies, already swamped by appeals for funds, are discovering that to
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      178 1 ID BRUNO MAGLI Certrepant #01-30, Tel: 737 4509 Arcraft Schedule 27 Law U Weather 27 Commodities 26 Money Changer Rates 27 World News ~..1011 3.4 5 Money Market 25 For market indices, editorial. Cnrpbc Crossword 27 Regional News 8,9 adverts** and circulation exE<wona 12 Regional Stock Markets 23 tensions, cal
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      Page 1 Advertisements Column 2
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      Page 1 Advertisements Column 3
      3 1 Analysis, Page 13
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Expressways to have more signs
        43 2 THERE WILL BE marker posts at every half kilometre instead of every kilometre on expressways to keep motorists better aware of their position. This will better alert them to exits that lie ahead, says the Public Works Department.
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      • Article
        Poly to build $6.5 m clubhouse
        66 2 THE Singapore Polytechnic alumni plans to build a $6.5 million clubhouse in Dover Road, on a 0.79-hectare site recently obtained from the government. The two-and-a-half-storey clubhouse, expected to be completed in 1995, will have a swimming pool, tennis and squash courts and meeting rooms.
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      • Article
        How to balance career, family
        58 2 THE SINGAPORE COUNCIL of Women's Organisations will hold a seminar on Sep 28 on the problems of integrating work and family responsibilities. Among the topics discussed will be burn-out in dual-earner couples and changing trends in the female labour force. Dr Aline Wong, Minister of
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      • Article
        Sisir plans exhibition on quality
        62 2 THE Singapore Institute of Standards and Industrial Research will hold a Global Quality Congress as well as a regional exhibition called Quality Asia '92. Both will be held on June 3-6 next year at the Changi International Exhibition and Convention Centre. The events are aimed
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      • Article
        Advice for civil servants
        87 2 WHILE the Singapore Civil Service might be the "envy of many foreigners", its outlook lacked customer orientation, civil service head Dr Andrew Chew said at the opening of the National QCC Convention on Monday. Dr Chew urged civil servants to think of their customers or clients
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    • Article
      New business info service available
      127 2 ANEW business information service will be launched today by a joint venture between Dun Bradstreet Information Services (D B) arid Singapore Network Services (SNS). '"The service, called Duns Link, will offer companies information on local and international organisations electronically. The information, divided into international, local
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    • Article
      S'pore can tap big Asean 'green' market
      328 2  -  Environmental services, waste management have big potential in '90s, says survey By Genevieve Cua WASTE MANAGEMENT services offer big business potential in Asean in the *****, and Singapore is wellpositioned to exploit the sector, says DBS Bank in a survey of the local
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    • Article, Illustration
      Lock icon Concert instead of a garden party
      188 2 ALMOST 1,000 senior executives from the private and public sectors attended a two-hour concert at the Kallang Theatre last night. Organised by the Economic Development Board and the Jurong Town Corporation, the concert was a substitute for the Istana Garden Party normally hosted by
      Picture by Christopher Lob  -  188 words
    • Article
      Fujitsu hopes to double revenue in S'pore
      319 2  -  By Joseph Rajendran JAPANESE multinational Fujitsu hopes to double its revenue in Singapore to $100 million by March 1992 mainly by selling telecommunications systems. This was disclosed to BT by Fujitsu Singapore's deputy managing director Akira Kuroda yesterday. He spoke at the signing
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    • Article
      DHL praised for using S'pore as training centre
      334 2  -  By Dexter Lee COMMUNICATIONS Minister Mah Bow Tan has commended US-based DHL Worldwide Express for using Singapore as its regional training centre. Mr Mah was speaking at yesterday's official opening of the $13 million DHL Air Express Centre, which started operations in
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      52 2 AN INCISIVE PRESENCE o(MTom^^ Direct link to the MRT Column-free office g jTj space Computerised building management gj? system Sophisticated card-key security system High speed lifts Ample carpark lots OFFICES FOR lEASE. READY IN HUT IMF SHOW OFFICE READY FOR VIEWING jr W fOCEANTQWERS Ocean Properties Pte Ltd •TEL:*****55 SEZ"™
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      Page 2 Advertisements Column 2
      174 2 Tp Delicious Swiss fondues are now served in unlimited 1 wlliyUEj helpings at the award-winning Le Chalet Restaurant at the Ffast IN A Udyhfl,Ho,el —Im. Priced at only $28.00 per person, our Fondue Feast ttv fjnrill /f C includes a speciality soup (Gersten Suppe, Mousseiine De JLi vj IN V/jH
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  • COMPANY NEWS 1
    • Article
      101 sees profits doubling to M$ 40m this year
      475 3  -  Property development expected to spearhead growth From Shoeb Kagda in KUALA LUMPUR INDUSTRIAL Oxygen Incorporated Bhd (IOI), which was recently catapulted into the league of Malaysian plantation giants, will see pre-tax profit almost double to Ms4o million (5524.64 million) this year
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    • Article
      Inaccuracy in LSH takeover document, says Sri Hartamas
      272 3 KUALA LUMPUR Beleaguered Sri Hartamas Corp Bhd (SHC) has asked shareholders to refrain from taking any action on the takeover offer from Lam Soon Huat (LSH), citing a significant inaccuracy in the offer document prepared by Arab-Malaysian Merchant Bank. The Sri Hartamas
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    • Article
      Pacific Carrier profits fall llpc
      197 3 SINGAPORE Lower shipping income in the first quarter, caused by the Gulf War, has cut the interim net earnings of the Pacific Carriers group to $1535 million. Profitability fell despite increases in turnover, non-oper-ating income and income derived from associated companies, as well as lower
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    • Article
      Sime in talks to buy Aussie firm's Caterpillar operations
      322 3  -  From Florence Chong in SYDNEY SIME DARBY Bhd is negotiating with Hastings Deering, whose majority shareholder is Lee Ming Tee, to buy its Caterpillar heavymachinery operations. Hastings Deering holds the dealership for Caterpillar's operations in Queensland, the Northern Territory, Papua New
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    • Article
      CMB Packaging group earnings up 59pc in first half
      358 3 SINGAPORE CMB Packaging Singapore Ltd managed, in the interim period ended in June, to arrest a declining trend. Releasing its unaudited results yesterday, CMB Packaging said that group earnings grew 59.2 per cent to $9.98 million from $6.27 million in the
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    • Article
      IGB posts Bpc gain in group net earnings
      232 3 SINGAPORE Property group IGB Corporation lifted net earnings by almost 8 per cent to M 520.55 million (5512.7 million) in the half year to June 30, thanks to the buoyant Malaysian economy and the hot property market. Releasing its results yesterday, IGB
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    • Article
      Proposed SRC project could cost US$ 150m more
      375 3  -  By Lilian Ang SINGAPORE Singapore Petroleum Company (SPC) and its two partners in Singapore Refining Company (SRC) may pump in about US$5OO million (*****.75 million) for a major project to upgrade and expand its facilities at least US$l5O million more than they
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    • COMPANY BRIEFS
      • Article
        HTP buys NZ building for S$ 1.09m
        65 3 SINGAPORE HTP Holdings yesterday bought an office/warehouse building in Auckland, New Zealand, for NZ$l.l million (551.09 million) through wholly-owned subsidiary HTP New Zealand. The five-level building is the sole asset of Geoffrey Levien, which will become a wholly-owned subsidiary of HTP when the
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      • Article
        General offer for SABS shares
        53 3 SINGAPORE SINGAPORE Bus Service is making a mandatory takeover offer for the remaining 400,000 shares it does not own in Singapore Airport Bus Services (SABS) at $2.79 apiece. It completed the purchase of 3.104 millioi* SABS shares from Singapore Airport Terminal Services an Singapore Tourist
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      • Article
        DBS president sells shares
        24 3 SINGAPORE DBS Bank's president, Patrick Yeoh, on Monday sold 100,000 shares in the group for $1.19 million or $11.90 each.
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      • Article
        Wing Tai director resigns
        27 3 SINGAPORE Lee Chun Kit on Monday resigned as director of Wing Tai Holdings Ltd, the company told the Stock Exchange of Singapore yesterday.
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      • Article
        Revised price for Leisure Farm
        102 3 SINGAPORE The Malaysian Capital Issues Committed has revised the purchase price for the entire paid-up capital of Leisure Farm Corporation Sdn Bhd to M 552.98 million from Msloo million. The purchase consideration will be satisfied by M$ 13.24 million cash and the issue of 79.46
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    • Article
      Perlis Plant interim up slightly
      318 3  -  By Elaine Koh SINGAPORE Perlis Plantations Bhd, the Malaysian flagship of tycoon Robert Kuok, saw a marginal rise in interim net earnings to M 559.57 million (5535.7 million) because of a better showing by its subsidiaries. This, however, will not be repeated in the second
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    • COMPANY BRIEFS
      • Article
        BBC and Hutch Vision jointly launch 24-hour TV news service
        72 4 SINGAPORE BBC World Service Television and HutchVision of Hongkong yesterday jointly launched a 24-hour television news service in Asia. The service will begin on October 14 on Hutch Vision's STAR TV's Preview Channel, with a two-hour introductory service. This will
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      • Article
        Opening of JSE firm uncertain
        66 4 JAKARTA A private company set up to manage the takarta Stock Exchange (JSE), previously scheduled to begin operations in October, may be delayed. Most brokerage companies, which will become its shareholders, still oppose ils establishment. The brokerages said, through their legal consultant T Mulya Lubis,
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      • Article
        Sumitomo buys Chevron's stake
        79 4 TOKYO Japan's Sumitomo Chemical Corp said yesterday it had acquired Chevron Chemical Co's 50 per cent interest in Valent USA Corp, an agricultural chemical .venture set up by the two companies in 1988. The company said it bought the stake for an undisclosed sum after .Chevron
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      • Article
        Directors stole profits, court told
        75 4 AUCKLAND When failed investment company Equitivorp successfully speculated in shares in Australian companies ACI and BHP, its directors secretly diverted some of the profits to themselves, a court here heard yesterday. The claim came on the second day of a deposition hearing -before District Court
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      • Article
        Kuraray to increase investments
        72 4 TOKYO Kuraray Co Ltd will increase its parent company capital investment to 24 billion yen in the year to March 31, 1992, from an earlier planned 19 billion, a Kyraray spokesman said. The mid-scale synthetic fibre maker spent 17.10 billion yen (*****.4 million) in 1990/91. The
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    • Article, Illustration
      Phnom Penh gives foreigners nod to build hotels
      332 4  -  From Harish Mehta in PHNOM PENH THE PHNOM PENH government has hurriedly given approval to about a dozen foreign companies to build hotels at a combined cost of about US$4O million (Ss6B million). The director of state-run Phnom Penh Tourism, Ms Pum
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    • Article
      Lock icon Showa Denko to test-market erasable photocopy ink
      214 4 Asahi News •TOKYO Showa Denko K K,a major Japanese chemicals company, said it will soon begin test-marketing an erasable ink for copy machines that makes the repeated use of copier paper possible. The new ink can replace the regular toner for copiers and
      Asahi News  -  214 words
    • Article
      Hopewell plans to expand Bangkok project
      364 4 BANGKOK Hopewell Holdings Ltd plans to build more elevated mass transit routes after completing the first elevated train project and eventually seek a listing on the Stock Exchange of Thailand, the Bangkok Post reported over the weekend. Hopewell Holdings man-aging-director Gordon Wu said last
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    • Article
      Lock icon CIL budgets for better 1992 showing
      229 4 Reuter AUCKLAND Corporate Investments Ltd (CIL) said it has budgeted for a better performance in the June 1992 year, after posting a 43 per cent fall in 1991 net profit due to recessions in New Zealand and Australia. Its policy of taking strategic positions
      Reuter  -  229 words
    • Article
      Lock icon Magnum chief quits in policy dispute
      184 4 Reuter AUCKLAND Mr Lindsay Fergusson, managing director and chief executive of Magnum Corp Ltd said he Jiad quit in a dispute with 4he board over the future direction and management of the brewer and grocer. Executive director Jim Veitch will replace him in 1
      Reuter  -  184 words
    • Article, Illustration
      Lock icon Jardines' motor unit interim falls
      315 4 Company expects whole year's hold steady Reuter HONOX.ONG Motor trader )ardiae International Motors Holdings Lttf forecast it will report calendar 1991 ifettult similar y.to its JfKS 176.9 millioit (5538.7: million) 1990 i profit, despite a 20 per ceht fall in the interim result.: a "Results
      Reuter  -  315 words
    • Article
      The growing Bobmay stock market: a ranging bull awakens
      438 4  -  MARKET TALK By Shirish Nadkarni The writer is a Bombaybased journalist who writes for BT BOMBAY Kailas Sugar's recent public issue was oversubscribed IS tiroes, Maral Overseas' issue 18; times and Tata Timken mori than 100 times. The new issues! market
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    • Article, Illustration
      Lock icon Hanson makes £351 m offer for Beazer
      338 5 FT LONDON Hanson, the UK-based conglomerate, on Monday made a recommended £351.4 million (S$ 1.036 billion) takeover offej for Beazer, Britain's fourth largest housebuilder antf the owner of Koppers, the second biggest US aggregates producer. The bid brought to a halt Beazer's planned
      FT  -  338 words
    • Article
      Lock icon Parretti to sue Credit Lyonnais unit
      154 5 Reuter AMSTERDAM Italian financier Giancarlo Parretti plans to sue a Credit Lyonnais SA unit in the Netherlands on Friday, widening a legal battle over US film studio MGM-Pathe Communications Co. Parretti's Melia International NV unit will bring a case against Credit Lyonnais Bank Nederland
      Reuter  -  154 words
    • Article
      Lock icon Bull confirms Olivetti and Siemens accord
      288 5 Reuter PARIS French stateowned Cie des Machines Bull confirmed it reached a preliminary accord last month with Italy's Ing C Olivetti C SpA and Germany's Siemens Nixdorf Informationssystem AG towards building a trans-European computer network. The project involves installing computer networks across Europe that
      Reuter  -  288 words
    • COMPANY BRIEFS
      • Article
        Bass sells shares in hospitality company
        73 5 LONDON Drinks, leisure and hotel group Bass pic said its Holicfcy Inn Worldwide hotel division had sold its shareholding in management contract and hotel leasing company Commonwealth Hospitality Ltd. The disposal, to privatejyheld Canadian hotel management company TransAmerica was not material to its net
        73 words
      • Article
        Inco to shut furnace for overhaul
        59 5 JAKARTA Inco Ltd's Indonesian subsidiary said one of its three electric furnaces will be shut down for five months from November for a major overhaul and upgrading. PT International Nickel Indonesia said in a statement that nicfcel production capacity would be reduced by about
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      • Article
        Pharmaceutical sales to double
        61 5 NUTLEY, New Jersey Hoffmann-La Roche Inc expects US pharmaceutical sales to grow to about USS3 billion (515.1 billion) a year by 1995 or 1996, its president Irwin Lemer said. The Roche Holding Ltd subsidiary expects its US pharmaceutical sales to total $1.5 billion this year, Mr
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      • Article
        Consortium to buy steel works
        65 5 JOHANNESBURG A giant South African sted wo'rfs, Middleburg Steel, is to be bought by a consortium comprising mining companies Anglo American, De Beers and General Mining (Genmin), it was announced at a media conference on Monday. The consortium has agreed in principle to pay Middleburg
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    • Article
      Lock icon LTV gets more time to reorganise
      239 5 Reuter NEW YORK A bankruptcy judge reluctantly granted LTV Corp another 45 days for its exclusivity period, under which it remains the only party that may file a plan of reorganisation to bring the giant steel and aerospace company out of Chapter 11. However,
      Reuter  -  239 words
    • Article
      Lock icon PepsiCo to take US$ 62m charge from profits
      385 5 Reuter PURCHASE, New York PepsiCo Inc said it will take US$62 million (S$ 105 million) or eight cents per share in charges against third quarter earnings. It said the charges total $100 million pre-tax and consist of $91 million connected with its
      Reuter  -  385 words
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      Page 3 Advertisements Column 1
      205 3 1948 Movado *Calcndomttic* 18 KARAT GOLD COLLECTORS' EDITION: THE MOVADO® 1881 COLLECTION. In 1948, the Movado "Calendomatic™" pioneered the self-winding calendar watch. This was but one of many Movado timepieces that had, since the beginning of the century, set the design standard for the Swiss watch industry. These historical masterpieces
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      Page 4 Advertisements Column 1
      124 4 f I \l ows We all get them sometime. You probably felt a rush of adrenalin when you decided to computerise your operations. Then, reality hit hard and low. It wouldn t be cost-effective to hire programmers just for a few short months. At TST, we have the people and
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      143 5 WHO TURNS BUSINESS INTO PLEASURE? THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. t Th 31 llke to make our passengers feel as true to its name, you'll be treated no less than royalty. So whether you're off to any one of our 48 Asian ough they re off
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  • FINANCIAL NEWS
    • Article, Illustration
      Equitor — Stanchart's new financial buzzword
      388 6  - Equitor Stanchart's new financial buzzword By Shoeb Kagda SINGAPORE In a move to boost its profits from feebased services, the Standard Chartered Group has streamlinecTits financial services under one name. Yesterday, it launched the Standard Chartered Equitor Group, its new worldwide financial services divinon. Stanchart has thus placed under one
      388 words
    • Article
      Lock icon Ministry to stay out of watchdog agency
      488 6 Japan's financial scandal UPI TOKYO Finance Minister Ryutaro Hashimoto yesterday said ministry officials will not be members of a watchdog agency charged with up the scandalplagfej securities and banking industries. Flowing a meeting with Prim©'Minister Toshiki Kaifu, Mr Hashimoto said he wanted to
      UPI  -  488 words
    • Article
      Lock icon Mexico may ease curbs on foreign ownership of banks
      401 6 Reuter MADRID Mexico is likely to ease present restrictions on foreign ownership of banks under a privatisation plan that began in February, a senior Mexican official said on Monday. Mexico has to date re-pri-vatised seven of the 18 banks nationalised in
      Reuter  -  401 words
    • Article
      Lock icon Dresdner staff quit as Frankfurt scandal grows
      373 6 FT FRANKFURT Five employees of Dresdner Bank, the second-largest German bank, have resigned following allegations by the management that they had violated bank rules governing bonds and equities transactions. The resignations from within the Eurobond new issues department and a section which co-ordinates
      FT  -  373 words
    • Article
      Lock icon Fletcher's Rural Bank posts fall in net profit
      117 6 Reuter WELLINGTON The Rural Bank Ltd, a unit of Fletcher Challenge Ltd (FCL), said yesterday that its June year net profit was NZ$9l.4 million compared with an annualised NZ$l73 million profit the previous year. The previous year's result was based on earnings
      Reuter  -  117 words
    • SMALL CHANGE
      • Article
        Shearson Lehman unit receives SEC subpoena
        88 6 WASHINGTON Shearson Lehman Brothers Inc said its Lehman Government Securities Inc unit has received subpoenas and a letter requesting information from the Securities and Exchange Commission in connection with the agency's industry-wide review of the government securities market. In a filing with the SEC,
        88 words
      • Article
        Sasea chairman resigns
        46 6 GENEVA Swiss investment company Sasea Holding SA said its chairman Eric Baudat had resigned. Board member Giovanni Gianola, who is also head of Fardafid SA, a Swiss business consultancy, has been asked to take over the chairmanship, Sasea added in a press statement.
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      • Article
        US body reviews debt sale rules
        48 6 WASHINGTON The Federal Housing Finance Board said it is examining the procedures it uses for selling debt following the Salomon Inc Treasury auction scandal. The FHFB oversees the 12-member Home Loan Bank System, and raises money for the system by issuing debt.
        48 words
      • Article
        First Indon Islamic bank
        62 6 JAKARTA Bank Muamalat Indonesia, the republic's first k Islamic bank is expected to start business by January next year, according to officials. The proposed bank, the 37th of such institution world-wide, will have an initial paid-up capital of 30 billion rupiah. It is wholly-owned by the
        62 words
      • Article
        S&P lists likely defaulters
        95 6 NEW YORK Standard and Poor's Corp said in a study of more than 3,000 issuers that it rated between Jan 1 1981 and Dec 31 1990, the lower ranked companies were more likely to default than higher ones. "The study indicates that the likelihood of default
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      • Article
        Generali confident of response
        107 6 ROME Assicurazioni Generali SpA is confident its shareholders will answer the call when the company launches a 1.75 trillion lire (552.4 billion) capital increase via warrants tomorrow, even though conditions on the bourse are ngt ideal, chairman Eugenio Coppola di Canzano said. "It is not the
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      Page 6 Advertisements Column 1
      204 6 Oscars 8* SB X« ®j B| I HAPPY DAYS Happy days are Here again! From 6.30 to 9.30pm, get 1 drink free for eveiy drink purchased (non-premium drink only). Tiy our new menu with its sumptuous variety of fine foods at very sensible prices. And if you're planning a group
      204 words
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      Page 6 Advertisements Column 2
      194 6 INVESTING SUPPLEMENT i 1991 I J 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 Important choice, Business Times has Invited local and
      194 words
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      Page 7 Advertisements Column 1
      339 7 OQ it —Users throughout the world have come to The establishment of Kenwood Electronics appreciate Kenwood home and car audio components for Singapore Pte Ltd marks a truly auspicious occasion, their excellent quality, high performance and aesthetic for it signifies the opening of a locally based enterpriser" design. To help
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  • THE REGION 1
    • Article
      Indon trade team secures US$ 900m in Chinese deals
      318 8 JAKARTA Members of an Indonesian mission have signed 15 trading and investment contracts worth US$9OO million (about Ssl.s bitiion) with China during their current 10-day visit to Beijmg. "The signing of the contracts indicates that the missions results will be promising,"
      318 words
    • Article, Illustration
      Lock icon Malaysia sees Venezuela as palm oil export base
      237 8 Reuter KUALA LUMPUR Malaysia plans to use Venezuela as a base from which to distribute palm oil to the predominantly soybean-growing nations of Latin America, according to Primary Industries Minister Lim Keng Yaik. "By virtue of Venezuela's strategic position, it can be
      Reuter  -  237 words
    • Article
      Lock icon KL expects to be 5th largest exporter of tiger prawns
      331 8 Bernama PENANG Malaysia is expected to surpass the Philippines as the fifth largest exporter of tiger prawns in the world in two years' time. Agriculture ministry parliamentary secretary Haji Mohd SharifT Omar said Malaysia currently ranked sixth after China, Thailand,
      Bernama  -  331 words
    • Article, Illustration
      Lock icon The will to fight
      48 8 SYDNEY Two members of the Transport Workers Union shouting their support at a workers* rally here yesterday. The rally was organised to demonstrate against a new industrial legislation which will see the end of conditions fought for by the union. Renter picture Reuter picture
      Reuter picture  -  48 words
    • Article
      Lock icon Australia to send first trade team to S Africa'
      346 8 AFP SYDNEY Australia's first business mission to South Africa in recent years will leave in November to pave the way for renewed trade and business links, Australia's biggest employer group said yesterday. The Confederation of Australian Industry (CAI) said the trip
      AFP  -  346 words
    • Article
      Asean suppliers greet rising prices of paint ingredient
      485 9  -  Demand for pigment titanium dioxide picking up By Genevieve Cua SINGAPORE Asean suppliers of a high-quality white pigment are heaving a collective sigh of relief as prices of the pigment, titanium dioxide (Tio2), are Showing signs of recovery. Tio2 prices in Asean
      485 words
    • Article
      Lock icon Thai minister leaves on trade mission to Vietnam
      242 9 AFP BANGKOK Thai Foreign Minister Arsa Saras in left here yesterday for a three-day visit to Vietnam for talks expected to focus largely on developing trade and economic ties. During Mr Area's visit to Hanoi and Ho Chi Minh City, he is
      AFP  -  242 words
    • Article
      Lock icon Free trade key to NZ reforms, says finance minister
      258 9 Reuter LONDON New Zealand will push on with radical free-market economic policies, virtually dismantling cradle-to-grave welfare, but needs freer access to world markets for a truly competitive economy, according to its finance minister. a Ruth Richardson told British business leaders the
      Reuter  -  258 words
    • Article, Illustration
      Lock icon Emperor visits father's grave
      61 9 IP E n, P cr orAk h to, led by a Shinto priest, heading home after a visit to the Musashino grave of the late Emperor Showa, his father, in the outskirts of the capital yesterday. Emperor Akihito is scheduled to leave on a trip to
      Reuter picture  -  61 words
    • NOTE BOOK
      • Article
        Australia to present case against farm subsidies
        61 9 CANBERRA Trade and Overseas Development Minister Neal Blewett will lead a bipartisan delegation to Europe next month to press Australia's case against farm subsidies, Prime Minister Bob Hawke announced. "It is important for us now to put that message to those who have
        61 words
      • Article
        ADB's US$ 60m loan to Thais
        69 9 MANILA The Asian Development Bank said it had approved a US$6O million (about SSI biUion) loan for. a highway project in Thailand that will lead to more efficient transport of goods and people. The loan will be amortised over 25 years, including a grace
        69 words
      • Article
        Consumer sentiment falling
        97 9 SYDNEY Australian consumer sentiment Ao decline in September in spite of another round of interest rate cuts, a consumer sentiment index compiled by the Westpatf-i Banking Corp-Melbourne Institute showed. The index, baaed, on interviews with 1,200 people on Sep 6-8, declined 4^« point to 86.8 following a
        97 words
      • Article
        Manila jobless numbers soar
        71 9 MANILA The annual unemployment rate in the Philippines is forecast to hit a record high of at least 14.2 per cent in 1991 and could even go as high as 19 per cent, Labour Department officials said yesterday. This would mean tM at 3 707 People
        71 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      111 8 I-J i "13 The news isn't that hanks have lowered their deposit rates. The news is that Citibank hasn't. Earn up to 5.625% on Tenure Uss,hin wwooto $t00,000.0 $250,000 And Citibank MaxiSave $50.000 $99.999 $249,999 and above a Singapore Dollar Time 3months 46g75% 4 7500% 487 m 4 .«t5% rates
      111 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      70 9 I KAZAKHSTAN I Visit the latest Asian country, I that wants to improve commercial I relatons with Singapore and invited Senior Minister Lee Kuan Yew I I 19.-26.9.91 I S$ 2,740.00 I organized by the travel agent that I I organized tours to I I Kazakhstan since 1989. I GERMAN
      70 words
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      Page 9 Advertisements Column 2
      199 9 1 A m H This new chronograph has a mechanical, I movement. the mode. The gold or exclusive hand-sewn leather. mH» v -|MB' i $y§ <u' t fli iwKl' f n^w J. i I Ul ■H H» i v B^rlvili'» t r C\-^^BBBBKF^I—-£ L r I—'-..;i lp-, Hh •?.< iIC
      199 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Japanese economy growing slowly: minister
        74 10 TOKYO Japan's economy has been slowing from its peaks, but it is continuing its stable growth, Finance Minister Ryutaro Hashimoto said yesterday. He said he did not see any need to stimulate the economy through budgetary measures. Mr Hashimoto said Japan's economy had put out
        74 words
      • Article
        China's rural firms show growth
        93 10 BEfJING Rural enterprises in China recorded a 23.7 per cent growth in production to US$95 billion (S$ 160.6 billion) in the first half of this year, compared with the same period last year, the China Daily newspaper said yesterday. Profits -the newspaper did not specify
        93 words
      • Article
        Seoul-Moscow fishing accord
        102 10 SECftjL South Korea and the Soviet Union have signed a fishing accord which allows reciprocal fishing in each other's waters. Officials said yesterday that the accord was signed on Monday in Moscow by South Korean National Fisheries Administration administrator Yoon Ok-Young and Deputy Soviet Fisheries Minister VM
        102 words
      • Article
        EC's approach criticised
        71 10 BRUSSELS A European Commissioner and a senior Japanese diplomat have berated the European Community for not doing more to sell and invest in Japan. Science Commissioner Filippo Maria Pandolfi said on Monday that Europe's efforts to meet the Japanese challenge were too slow and its businessmen lacked
        71 words
      • Article
        Iran, Canada in cooperation pact
        35 10 NICOSIA Iran and Canada have signed a letter of understanding on economic cooperation after Canada offered Iran Csl billion (551.49 billion) in credit, the Iranian news agency Irna said yesterday.
        35 words
    • Article, Illustration
      Bangladesh to woo investors eyeing low cost sites
      474 10  -  Country offers attractions to labour-intensive firms By Shoeb Kagda SINGAPORE In a move that can be considered unique, the Bangladeshi government has tied up with the United Nations Industrial Development Organisation (Unido) to woo foreign investors to its shores. The project, which
      474 words
    • Article
      Lock icon Soaring costs hit South Korean firms
      223 10 AFP SEOUL South Korean firms are facing a tougher business environment as profits thin and competitiveness falls, a report published yesterday said. The report by the Korean Chamber of Commerce and Industry (KCCI) said South Korean industries were faced with a set of "intractable
      AFP  -  223 words
    • Article
      Lock icon Bonn minister sees lOpc growth for E Germany
      420 10 UPI BONN In advance of a six-day trip to the US, German Economics Minister Juergen Moellemann forecast on Monday that the eastern German economy would grow by 10 per cent next year, which would offer great opportunities to US investors. "This is
      UPI  -  420 words
    • Article
      Lock icon Call for formation of investment bank to help Baltic states
      392 10 Crisis in the Soviet Union FT STOCKHOLM An investment bank should be established with US$354 million (SS6O2 million) worth of initial capital payable over five years to assist the needs of the newly independent Baltic countries. The new institution would
      FT  -  392 words
    • Article, Illustration
      Lock icon China's leaders fear a prosperous south
      667 10 Capitalism's success in Guangdong a threat to Chinese communism AP GUANGZHOU A freemarket Frankenstein in China's backyard is creating a formula to change the world's last communist giant. With Guangdong province in the lead, southern China is rocketing headlong into capitalism, presenting Beijing's aging
      AP  -  667 words
    • Article
      Lock icon US, Soviet officials warn against dangers of nationalism
      310 10 AP MOSCOW The US h* warned that the violent nationalistic passions unleashed in Yugoslavia and babbling in the Soviet Union threaten emerging European democracies. V Ambassador Max Kampelman, head of the US delegation at the Conference on Security and Cooperation in Europe,
      AP  -  310 words
    • Article, Illustration
      Lock icon World recession ending: OECD
      436 11 But industrialised nations high budget deficits seen as a problem AFP DRESDEN, Germany The world economy is pulling out of recession, but high budget deficits in the industrialised countries are threatening capital flows into Eastern Europe, according to an OECD panel. It also discussed on Monday,
      AFP  -  436 words
    • Article
      Lock icon Drop in UK sales seen as raising pressure for rate cut
      538 11 Reuter LONDON A much sharper than expected 1.4 per cent provisional slump in the volume of British retail sales in August increases the pressure for another cut in interest rates, say economists. "The retail sales number does cast doubt
      Reuter  -  538 words
    • Article
      Lock icon Efta sees economic zone accord with EC next month
      250 11 FT BRUSSELS The European Community and the European Free Trade Association •(Efta) have the political will to finish their protracted negotiations on a common economic zone next month, says Finland's Prime Minister. Esko Aho, whose country is the president of Efta,
      FT  -  250 words
    • Article
      Lock icon US sales in July up 0.8pc amid falling inventories
      352 11 AT WASHINGTON American businesses saw sales advance 0.8 per cent in July while business inventories continued their steady decline. A US Commerce Department report which made the disclosure on Monday also suggested that at some point, manufacturers would have to increase
      AT  -  352 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      264 10 1 IVA J I r ft?wW|W ff BE jK. 1 w^^^gSlfr SOLE LEASING MANAGING AGENTS: Jones Lang »@SfeoD Proprietor: Singham Stiaman Sdn. Bhd. eiQ97 7 Singapore Bus Service (1978) Ltd (Incorporated in the Republic of Singapore) ANNOUNCEMENT Following the Announcement dated 13 September 1991, The Development Bank of Singapore Ltd
      264 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      23 11 Modern office building, 8-year lease (+l5-year option) to State Govt. Rent review in 1992 AslB MILLION 1 The Arcac) e Singapore 01 04
      23 words
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      Page 11 Advertisements Column 2
      159 11 WOULD YOU 5 hv OUYA FUJITSU PA OX WITH 300 PAOTS MISSING? When you buy a Fujitsu PABX system from (That's because we don't rely on service Telecom Equipment, Singapore's leading Telecom Equipment, we II back your investment subcontractors.) name in telecommunications, with over two with our own 300 dedicated
      159 words
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  • Article
    Accommodation's the word
    462 12 EDITORIAL EVERY election tells a story. Sunday's historic direct election in Hongkong, however, is more notable for the story 'tfcjid not tell. In the first direct legislative Section ever held in Hongkong, the 39.2 per cent of registered voters who cast their ballots gjive liberal pro-democracy candidates
    462 words
  • WHAT THE OTHERS SAY
    • Article
      Hongkong elections
      263 12 »„fHfe outcome of the first direct elections to Hong- ftyrfe's Legislative Council, or Legco, is an example 16f*mixed poll results. Sixteen out of 18 elected seats went to the pro-democracy group but only just over i* 39 per cent of registered voters turned up to cast tfijjir ballots
      263 words
    • Article
      Edgy about HK's future
      78 12 THE victory of the pro-democracy parties in winning 16 out of 18 contested seats in the first legislative elections in Hongkong and the low turn-out of 40 per cent of voters, reflect nervousness about the future of the British colony. According to observers, a clear win
      78 words
    • Article
      China's stand on Russia
      108 12 CHINA, a giant communist country, has adopted a very "cautious" stand with regard to the political changes taking place in the Soviet Union and Eastern Europe. It has not taken a hostile attitude towards these countries for forsaking communism. Instead, it describes such changes as "internal
      108 words
  • REGIONAL VIEWPOINTS
    • Article
      Preserving public order
      157 12 r pne of his essays on democracy, the English author E M Forster once said, "I suggest that the ooly books that influence us are those for which we i afire ready, and which have gone a little farther down particular path than we have yet got
      157 words
    • Article
      No other choice
      185 12 -DESPITE the violence, the rumours and the ten- "stori, a peace treaty has been signed in South Africa. •Thfr signatories included the big three: Inkatha leader Mangosuthu Buthelezi, President FW de Klerk and African National Congress (ANC) President £robon Mandela. Cynical elements may question nwMher a mere
      185 words
    • Article
      Losing out over the bases
      170 12 THE bases are certainly not an unmixed blessing for the Philippines. They bring with them prostitution and other social ills, and are an embarrassment for a country that is poor in terms of economic resources but rich in national pride. But, can the Philippines afford
      170 words
  • Article, Illustration
    Lock icon Soviet history in the re-making?
    816 12  -  The Soviet Union has always treated history as 'something to be created rather than learned'. Will it now be able to resist turning last month's bungled coup into a new national legend, asks Bill Keller Bifi Keller NYT AFTER the revolution, comes the hype. As
    NYT  -  816 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      175 12 r 1 u #:>•' j A ROOM AT THE TOP At The Excefcior Hong Kong, we nk that aB wori and no pky inkea for a very duU trip. Which why a room on our Executive Floprs rmiM jm be one of Jtour factor bunnes j, ,4u. is Part Business,
      175 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      45 12 P wOONESBURY BY GARRY TRUDEAU SHfrj t. HER& \OJt TIMING A PARTY* *o*™- COA0& OHNO.h XXWND YOU PQNTUmrnfW. I JUST kt,TOO. DOWN. .-m.'MSH CFfAW FlCoZe ITS THAT PVMN MIUMV UKHW IMN7BP GOUNEL. l ZmiUCK-. UXXSUKZ INFQRA FAMILY SUPPORT GROUP! PUHPB? TO WW ANY I fSSk^
      45 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A bloc that's just a gleam in the eye
      661 13  -  Patrick Worsnip discusses the obstacles in the way of a Central Asian grouping of non-Arab Muslim countries Patrick Worsnip Reuter CENTRAL Asia, ancient stamping ground of Genghis Khan and Tamerlane's conquering hordes, is taking on new significance because of the steady
      Reuter  -  661 words
    • Article, Illustration
      The business of giving
      1558 13  -  Who helps pick up the tab for social and civic projects? Why do some companies give willingly? Chuang Peck Ming finds out Chuang Peck Ming 'T T has been over a month I since the National Day celH ebrations, and the bills for I the party
      1,558 words
    • Article, Illustration
      Lock icon Venezuela: back on its feet
      696 13  -  In 1989, Venezuela's economy shrank by 8 per cent. Things have now changed. James Brooke reports /v James Brooke NYT AFTER a hiccup caused by low oil prices and a shift to free-market policies, Venezuela has reclaimed its position as the nation in the Americas
      NYT  -  696 words
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  • THE LAW PAGE
    • Article
      Are we training too many lawyers?
      880 14  -  There are 2,000 practising lawyers and at any one time, 2,000 are studying to be one. David Gabriel looks at what the future holds for these budding lawyers David Gabriel Last week's Law Page article on private law centres in Singapore has prompted a
      880 words
    • Article
      High Court revokes heavy fine for minor offence
      286 14 A RECENT appeal to the High Court revealed a heavy-handed prosecution by the Environment Ministry for a minor littering offence. Lee Ah Sin was accused of having thrown parking coupons from his car in April last year. In court, he told of
      286 words
    • Article
      A will with a 20-year twist
      485 14 CASE WONG KAI WOON AND WONG KOY HOM V WONG KONG HOM AND OTHERS The High Court of the Republic of Singapore, Originating Summons No. 709 of 1989 Justice S Rajendran. THE TESATOR, Wong Yoon Fee, made a will in 1925. Under it, his
      485 words
    • Article
      When Court of Appeal can accept new evidence
      356 14 HUANG CHING HWEE V HENG KAY PAH AND ANOTHER Court of Appeal of the Republic of Singapore, Civil Appeal No. 128 of 1990 Chief Justice Yong Fung How, and Justices Lai Kew Chai and S Rajendran. THE COURT of Appeal has the
      356 words
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  • SPORTS
    • Article, Illustration
      Lock icon US women double medal count
      458 15 AP INDIANAPOLIS No need to hype the gymnastics competition at next summer's Olympics in Barcelona the advance party took care of that in the World Championships in Indianapolis that ended on Sunday. The strong showing by the US women's team led by Kim Zmeskal's upset
      AP  -  458 words
    • Article
      Lock icon Holmes to fight in 10-round bout
      401 15 AP ORLANDO, Florida Former heavyweight champion "Larry Holmes, hoping to position himself for a possible multi-million dollar payday, will fight Art Card in another bout in his comeback. I Holmes, 41, has already three times since coming of retirement in April. A scheduled 10-round
      AP  -  401 words
    • Article
      Lock icon Paraplegic conquers peak at Yosemite
      406 15 AP yoslemite national PARjC, California A rock climler paralysed in a fall completed his second major climb using his arms Monday wheri he and his partner struggled to the 670-metre summit of Half Dome, exhausted but elated. Tension was high during the final 23-metre leg
      AP  -  406 words
    • SIDE LINES
      • Article
        Coach ran half the marathon for Algerian
        104 15 ALGIERS An Algerian who had his coach run half the Brussels marathon and then took over to win the race was threatened with a severe punishment by the Algerian athletics authorities on Monday. Abbes Tehami was found out before the end of Sunday's
        104 words
      • Article
        Gilford 6th on prize money list
        100 15 VIRGINIA WATER, England David Gilford moved up to sixth place on the PGA European Tour prize money list by tying for second in the weekend Lancome Trophy tournament outside Paris. Gilford, who along with James Spence, lan Baker-Finch amd Peter Fowler ended up one
        100 words
      • Article
        Fastest miler may retire
        97 15 SHEFFIELD, England English runner Steve Cram, holder of the world mile record, has said he is considering retiring from international competition. The 30-year-old said this was a serious option at the end of the season, his fifth without winning a major championship. After his 1,500 metres
        97 words
      • Article
        Montgomerie hits hole-in-one
        89 15 RICHMOND, England Colin Montgomerie hit a hole-in- j one at the start of a challenge tournament here on Monday to give his Ryder Cup preparations a boost. Taking part in the Equity and Law Challenge at Royal Mid-Surrey, he struck a seven-iron into the cup at the
        89 words
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      Page 15 Advertisements Column 1
      35 15 1^ mmmmamamm mi *1 I 9 I Kp S> !f B B JJg< I i Jfe. MIE R ihnnit Walker j j 1 I •s his own rules. .u*ed to K'rfcvtion. .-J.■+>'*—-» vea»s expertise. >■-»"" -~=s—-=^'
      35 words
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  • Page 16 Advertisements
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      134 16 WHEBE TO WINE, PINE AMP ENTERTAIN WHERE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE. DIME A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxin. Mon-Sat: 11 30am to 2.30pm Sun: Io.3oaun to 2.30pm KING'S l« Hi I AJH m A Ml MM KM <IM lIOVIIS
      134 words
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      Page 16 Advertisements Column 2
      347 16 lillH PLUM'S Httillli A TASTE OF KELANTAN AT THE HYATT Plum's brings you the best of Kelantan. Make your selection from a delightful array of Kelantan fare for lunch, tea and dinner. There are even handicraft demonstrations and a lucky draw with trips to Kelantan plus complimentary accommodation to be
      347 words
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      Page 16 Advertisements Column 3
      235 16 i THE EXECUTIVE S SET MEAL $14++ Pier Person Monday ♦ROAST BEEF WITH SAUTEED VEGETABLES Tuesday SEAFOOD CREOLE WITH SAFFRON RICE > Wednesday }*PORK PICAITA WITH SPAGHETTI NAPOLITANA Thursday ♦RED SNAPPER IN FRUIT SAUCE Friday ♦CHICKEN MERENGO WITH BUTTERED RICE 'Served with Soup and Dessert of the Day. CfllcPlazS The
      235 words
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      Page 16 Advertisements Column 4
      170 16 -_1 a W The stables PRESENTS ONE OF ■p EUROPE'S Bt.ST KNOWN CHEFS Av TaU'w < From September 16 to 30, fou can >i', savour the finest in coninental J \> i jj? cuisine expertly prepared fy master ■f f Irfl chef, Kevin Cape. 2» For reservations,please call *****11. Lunch
      170 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      685 16 TELEVISION AND RADIO Pottinp rPfk IS sm JSSVL™* mmmmmm A V/lllllg 1 VvltJ 7.00 AM CNN hrtaraattaaal (L). OJO oSrtl'oiww (Ornoon) ****SrSTrthTwr^Sll^ 8.00 XIII World Congress of Gy- 7 m iK? HJ 2IPS?7L_ t ih. a«— 1 tflp. SMmm. -'MHHBMHaHHT II mam, naecoloev and ObtUtrkt ThrMt Game show 6.45 Wttk
      685 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon How not to judge others' characters
      972 17 So you think you can read a person like a book? Studies reveal that the great majority of us are easily misled by non-verbal cues into making wrong character assessments. Daniel Goleman reports NYT FREUD, commenting on the clues to character that can be
      NYT  -  972 words
    • Article, Illustration
      Schwarzkopf picks collaborator for his autobiography
      495 17 AFTER considering scores of inquiries from hopeful authors and eager literary agents, General H Norman Schwarzkopf has chosen a collaborator for his autobiography who has experience in the specialised field of cowriting a first-person account of the life of a powerful, famous and opinionated
      495 words
    • Article, Illustration
      Lock icon Victim of money lust
      675 17 The survival of the giant bluefin tuna is under threat, at least in the Western Atlantic NYT BILL Camp has been sallying out into the Atlantic for a quarter of a century in one of angling's great quests: the chase for the bluefin tuna, one of
      NYT  -  675 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      211 17 AND ENTERTAIN Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1594. leNuamH*. sogapm ices TMpfton*
      211 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Brokers pessimistic as bears continue to rule
      4720 18  -  By Sylvia Wong BEARISH sentiment continued to prevail yesterday as the benchmark Straits Times Industrial Index slid another 9.79 points to 1,394.88. The BT Composite Index lost 5.06 points to 1,170.56, while the BT-Morgan Grenfell index shed 3.57 points to 683.70. Turnover on
      4,720 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4003 19 Mini Board OCBC Foreign 1090 20 +19% FELS 50« 695 +10 +1.5% Keppd Corpn 740 +10 +1.4% Semb Maritime 382 +8 +2.1% GPBSSI.60 358 4 +1.1% OUB 446 6 +14% SAerospace F 316 +6 +1.9% CAC 510 +5 +10% OCBC 860 +5 +0.6% Prim* 560
    4,003 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      186 20 Date y mt Gtm» Met Net Mratogs 6rtu m to profit/lms (L) ptr Uart dfttood ('MO) (cMto) S l Vim Em Sep 11 Mar 91 $9,063(013.457 4.1(6.1) 6(5) xwian HUp Sep 5 Jan 91 M$9,9491($7911) The H Glass Sep 6 Mar 91 05.848(07.379) 9 75(12.3) 5(5) GPS Sep
      186 words
    • Article
      PRELIMINARY RESULTS
      242 20 Cif—y Date Yaar Ctm# pretax Net Mratagt tmt aaa to pr«llt/lws (L) par share iMtomi COOO) (Mate) S j Material H Sep 16 Jun 91 $1,427(1503) 4.9(2.0) 7TE(5TE) Pep Msta Sep 9 Mar 91 M$4,915($3,560) [Con Want Sep 7 Jun 91 M$80,200($88,700) 5.4(6.3) 16(18.4) J**® Bhd Sep 7
      242 words
    • Article
      INTERIM RESULTS
      500 20 Cwpaey fete IMf-ycar Crwtp pre-tax laterlm prwm/ltM (L) 4M4—4 4 HK Land Sep 16 Jun 91 US$169.600($147.500) 28.5(27 5) Inchcape Sep 15 Jun 91 135,713(156.572) 10(10) MTC Sep 14 Jun 91 M$36J60($35,412) 24.4(12.8) S Aerospace Sep 14 Jun 91 $13,901(19.855) 0*Vf Sep 13 Jun 91 US$78.600($78.600) 27(27) UM
      500 words
    • Article
      CORPORATE DEVELOPMENTS
      508 20 Sep 16 kttraco Ltd has clinched a $31m contract to supply telecommunications cables to Singapore Telecom. Neptune Orient Lints is adding four new tankers worth $360 m to its fleet. Promet BM said its proposed conversion of debt owing to Nurford Holdings Corp and Tonnage Investments Lines Ltd
      508 words
    • Article
      DIVIDENDS ANNOUNCED
      1040 20 Carrart Ex Ma Date Tat* far Total tor M"« dm payafeto ttw ymr tost ymr Mn Wp 50c 61(b) Sep 4 Sep 16 Sep 30 6% 6% MOB 50c 3.5%(b) Sep 13 Sep 27 Oct 25 3.5* lit Avtw 20c 5%TE(I) Oct 14 Oct 24 Nov 15 5*TE
      1,040 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      810 20 Prteaa m at 17.99.91 Ciwniii term Prwakn/ EuAry tts rn £'—■> («N Wrt> Stan Im Cw Ear Lntk Cm* CmH, ILmm tote Mtfcs ■"Ms) stock rati* priea awa 1 Laft I Bww« 115.2 0.140 0.650 1 00 1 00 75 4 64 30/06/94 33 C4CWI 37.5
      810 words
    • Article
      RESULTS DUE
      387 20 Main Board Last FuN Yaar Company Penod Date Year Net EPS Gran NK MMMcad wh( (cants) to pro* tot rtaf (fON) Carebas mtem Apr 27 Jul 91 12.6 200TE(a) 38,911 Tone tong mtem Au| 2 Dec 91 4 8 S O 385 SFP Interim Aug 21 Ok 91
      387 words
    • Article
      APPROVED ISSUES
      126 20 Company MgM« Issue Nyd Fou-tef-Sw 9 MSO 65 per stare Ex-fete: JUI 25 Books ctosc Aug 8 Acceptance ft Payment Sip 17 Ummk Hdp O*-for-two 3 MSI JO per stare Ex-Mr MX) Books dose: Aug 14 Acceptance ft Payment Sep 25 Tat Lee Hanca One-tor-one SI 60 per
      126 words
    • Article
      PROPOSED ISSUES
      573 20 Company Issue Mi Pac Lawd One-tor-two 9 MSO 65 per stare Mm Tack One-tor-one 9 $100 par stare. Man Issue of $90 978m nomral amount of 15% todtemable Unsecured Qmmtmt Bonds 1991/96 nth 45 489m detachable warrants on the base of $2 norwm amount of for every three
      573 words
    • Article
      BONDS, LOANS & WARRANTS
      728 20 BONDS, LOANS WARRANTS ti Hill 0mmttm parted Cmm*m iwfcri -Many Mwa fcnB Ml Before 30/6/94 1 warrant plus HKS1.00 ca* C4CW Before 26/4/93 1 warrnt pha JIWcbH Caaaeay Lmh C— to 2/10/89 to 20/10/94 7 warrant plus $0.77cashoT 1 warrant pha^~' $077 nominal amount of loan stod Chun Hup Mas
      728 words
    • Article
      COMPANY MEETINGS
      394 20 teas Bhd: AGM ft EGM at The Kekifi Room, Bankers' Out, Penthouse, 21st Floor, Amoda Bwkfcng, 22 ialan Imbi, ***** Kuab Lumpur on Wednesday, Sep 18, at 10.30 am. TDM Bhd: 26th AGM at Cempaka Room, Holiday Inn On The Park, Kuala Lumpur, ialan Pmang, ***** Kuala Lumpur
      394 words
    • Article
      RECORD HIGHS & LOWS
      148 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1333.08 (3/6/91) J»J J* JJg* *****Mr *****2 (16/1/91) J* 27/3/90 1990 h* 1435.43 (16/7/90) {J* J* «".{2 ."{J™ 1990 1m; 961 07 (09/11/90) "J JW* X/55! 1909 N(h: 1322.00 (28/12/89) »Sf SStt 1909 Imt 917.42 (4/1/89) im 1°JS 82®
      148 words
  • Page 20 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market weakens as investors stay away
      4041 21 Bernama SHARE PRICES in Kuala Lumpur yesterday drifted to a lower close in listless trading as investors preferred to stay out of the market. The KLSE Composite Index fell 5.02 points to 536.32 while the Industrial Index lost 5.06 points to 987.64. The ready
      Bernama  -  4,041 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      793 21 BUS I N E S S TIMES TELE P HONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT. CAP 50 PURSUANT TO SECTION 290(2Xb) and IN THE MATTER OF EVEROROW SEEDS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the above named
      793 words
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      Page 21 Advertisements Column 2
      317 21 M THE MATTER OF THE COMPAME3 ACT, CAP. SO ANO IN THE MATTER OF MECHAMCAL SYSTEMS SINGAPORE PRIVATE LMTED At an Extraordinary General Meeting of the Company hed on Tueeday. 10 September 1901 at 257 Jalan Ahmad fcrtfwn. Singapore 2262 at 11.00 ajn.. Mowing resolutions wore passedSPECIAL RESOLUTION WW QUO
      317 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Optimism about rate cut sends shares higher
      2211 22 Reuter TOKYO STOCKS closed higher but off the day's highs yesterday. Brokers said the market was buoyed by renewed hopes of an interest rate cut and a stronger yen, but they added it surrendered some of its earlier gains on profit-taking and lower
      Reuter  -  2,211 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ends lower on weak sentiment
      1797 22 Reuter HONGKONG STOCKS finished easier yesterday after a day of listless trade. Brokers said sentiment was weak and consolidation would persist in the short-term. The blue-chip Hang Seng Index fell 14.82 points to close at 3,938.71 and the broaderbased Hongkong Index was down 9.24
      Reuter  -  1,797 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Most regional markets end a shade loweii
      • Article
        AUSTRALIA
        797 23 THE AUSTRALIAN share market closed slightly lower in light trade yesterday as a rising local currency offset expected gains from New York's rally overnight. "Once the dollar gets over 80 US cents it always slows down our market. It tried to go higher but there was nothing to grasp
        797 words
      • Article
        TAIPEI
        421 23 TAIWAN share prices finished slightly lower in thin trade yesterday as there was no positive news in the market to inspire buying, brokers said. The weight- Ed index ended 33.74 points lower at 4,532.25 compared with Monday's close. Turnover was very thin at NTS 10.4 billion against NTS9.S billion.
        421 words
      • Article
        BANGKOK
        693 23 BANGKOK share prices ended mixed in a continued quiet market with the stock index finishing almost unchanged yesterday, brokers said. "Investors got disheartened by the inactiveness of the market," said a broker at Ekachart Finance and Securities Co. The SET ended 0.27 point lower at 711.20 on a thin
        693 words
      • Article
        SEOUL
        826 23 SEOUL STOCKS closed lower in lacklustre trading yesterday as investors remained concerned about market liquidity, brokers said. "No positive factors emerged in the market," Dongsuh Securities broker Chung Chang-shik said. Some investors trying to procure funds ahead of the Chusok (Full Moon festival) and anticipating a money supply squeeze
        826 words
      • Article
        MANILA
        560 23 MANILA share prices, defying market expectations, yesterday closed marginally higher on a government push for a national referendum to overturn the Senate's rejection of a new military bases treaty with the US. i The Manila Stock Exchange Composite Index inched up 1.99 points to close at 907.69. The market
        560 words
      • Article
        JAKARTA
        650 23 THE Jakarta Stock Index yesterday dropped further in dull trading caused by the rapid erosion of investor confidence in the market, brokers said. The index fell another 6.8 points to 281.29 on turnover of 3.22 million shares, compared to the previous day's fall of 7.2 points on turnover of
        650 words
      • Article
        NEW ZEALAND
        223 23 NEW ZEALAND shares yesterday firmed as buyers took heart from lower interest rates and a firmer Wall Street, brokers said. But for leading stock Fletcher Challenge's continuing fall after downgrading recommendations from several brokers, the index would have performed stronger. It was three cents easier at NZ$3.4O. The
        223 words
      • Article
        BOMBAY
        48 23 THE Bombay Stock Exchange (BSE) index broke through the 1,900 barrier in an unprecedented bullish suige on Monday, brokers said. The BSE Index leapt 50.61 points, or 2.72 per cent, to 1,912.35. It peaked at 1,916.79. Tile National Index jumped 22.72, or 2.59 per cent, to 901.48.
        48 words
      • Article
        Untitled
        441 23 Close Previous Sep 17 AUSTRALIA All Ordinaries Index 1555.5 1556.5 -1.0 All Industrials Index 2396.0 2398.1 -2.1 All Resources Index 911.5 911.7 -0.2 Turnover (million) 76.9 73.2 3.7 BANGKOK SET Index 711.20 711.47 -0.27 Turnover (billion baht) 1.79 1.85 -1.14 JAKARTA Composite Index 281.29 288.09 -6.8 MANILA Composite Index 907.69
        441 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Late rally pushes Dow above 3,000 level
      • Article
        Untitled
        115 24 Sep 16 Close Previous NEW YORK Dow Jones 3,015.20 2,985.69 29.51 SAP 500 385.78 383.59 2.19 Turnover (million) 172.56 167.% +4.6 LONDON Financial Times 30 2,051.0 2067.8 -16.8 FTSE 100 2,606.0 2,625.8 -19.8 Turnover (million) 639.1 626.7 +12.4 FRANKFURT DAX Index 1,629.75 1,637.62 -7.87 AMSTERDAM CBS Tendency Index 92.1 92.3
        115 words
      • Article, Illustration
        NEW YORK
        1221 24 WALL STREET stocks staged an explosive late-session rally on Monday that took the Dow industrials up one per cent and back over the 3,000 mark. Buy programmes, short-covering and support from key stocks like IBM and General Electric helped fuel the market's ascent. But the wave of buying
        1,221 words
      • Article, Illustration
        LONDON
        704 24 THE London stock market opened slightly firmer yesterday but lost ground in early trade as a series of poor company results depressed prices. The pound's weakness against the German mark also kept values down. The blue-chip FTSE 100-share Index, which fell 19.8 points on Monday, fell 7.5 points to
        704 words
      • Article
        AMSTERDAM
        291 24 DUTCH SHARES closed lower on Monday, after a thin and uninspiring session in which only publisher Elsevier saw any action, adding 1.60 to 90.30 guilders in a reasonable volume of trading, dealers said. The CBS General Tendency Index closed 0.2 lower at 92.1, having changed very little during the
        291 words
      • Article
        PARIS
        107 24 FRENCH SHARES ended only a shade up on Monday after late profit-taking cut a midsession rally, traders said. The CAC-40 Index added 2.07 points or 0.11 per cent to 1,878.26 on moderate volume of 2.1 billion francs. The index had climbed to a day's high of 1,887.56 in active
        107 words
      • Article
        MILAN
        231 24 ITALIAN SHARES closed broadly lower on Monday in slightly improved trading volumes, swollen by position squaring at the end of the September trading account. Brokers estimated the day's turnover at 100-120 billion lire, still modest but an improvement on the average 50 billion per day seen during most of
        231 words
      • Article
        FRANKFURT
        223 24 AN ABSENCE of investors and weakness on Wall Street on Friday led German shares lower on Monday, although some second-tier shares posted sharp gains. The 30-share DAX index fell 7.87 points to 1,629.75, just above its intraday low of 1,628.08. "There are hardly any investors," said Ralf Bender, Deutsche
        223 words
      • Article
        TORONTO
        293 24 A SPURT of programme-buying on Wall Street in the last hour of trade broke Toronto stocks out of a listless spell on Monday, sending blue chips slightly higher, dealers said. A few largecapitalisation stocks drove the Composite Index higher while the general market closed mixed. The TSE-300 Composite Index
        293 words
      • Article
        BRUSSELS
        86 24 BELGIAN SHARES closed slightly above their day's lows on Monday but trading was thin and the market showed little direction, dealers said. "Every day volume goes down a little bit more," said one trader. The Bel 20 index of leading Belgian shares ended down 6.42 points, or 0.57 per
        86 words
      • Article
        ZURICH
        324 24 SWISS SHARES lost almost one per cent in lacklustre trade on Monday. Buying interest was low as investors stayed away from the market, dealers said. The all-share SPI index closed 8.7 points lower at 1,101.9, fractionally above the day's low. The SMI index of leading shares eased 16.3, or
        324 words
      • Article
        JOHANNESBURG
        389 24 THE JOHANNESBURG stock market ended a quiet day slightly easier on Monday in the absence of any fresh stimulatory factors, but remained well supported, dealers said. They described trading as thin due to investor caution, and noted that the sustained strength of South Africa's foreign investment currency, the financial
        389 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Bearish sentiment takes dollar lower against mark in Tokyo
      1207 25 REPORTS ASM Tokyo: The dollar eased against the mark in late Asian afternoon trade yesterday, mostly on interbank speculation, but was little changed against the yen, Asian dealers said. "The feeling is that the dollar is still heading lower, but we
      1,207 words
    • Article
      Lock icon Investors finding bonds more attractive
      786 25 Traders borrow Eurodollars to invest in higher-yield paper IHT PARIS The US dollar and its bond markets have parted company. The currency has turned soggy, particularly against Continental monies led by the Deutschemark, while the Eurodollar bond market, following the lead of New York, is
      IHT  -  786 words
    • Article
      FINANCIAL FUTURES
      1049 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.18 94.20 94.16 94.17 9000 ***** 4573 Mar 92 94.21 94.22 94.19 94.20 3800 ***** 1298 Jun 92 93.93 93.94 93.91 93.92 500 2840 850 Sep 92 93.55 93.56 93.53 93.54 350 1901 267 Dec 92
      1,049 words
    • Article
      INTERBANK FOREX RATES
      382 25 Cross rates sepi? USS SS MS Dm Yen SFr AS NZS USS 1.6950 2.7535 1.6730 133.70 0.5747 1.4620 1.2523 1.7021 SS 0.5900 1.6245 0.9870 78.8791 0.3391 0.8625 0.7388 1.0042 MS 0.3632 0.6200 0.6076 48.5564 0.2087 0.5310 0.4548 0.6182 Dm 0.5977 1.0132 1.6458 79.92 0.3435 0.8739 0.7486 1.0174
      382 words
    • Article
      MONEY MARKET
      531 25 Interbank rates SS Bid Offer Overnight 4 7/8 5 1-month 4 3/4 4 7/8 2-month 4 3/4 4 7/8 3-month 4 13/16 4 15/16 Overnight mode: 4-13/16 ISS Bid Offer 7 days 5 7/16 5 9/16 1 month 5 7/16 5 9/16 2 months 5 7/16 5 9/16
      531 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon New pact may boost coffee earnings 50pc
      430 26 Reuter LONDON Coffee producers could increase their export earnings by more than 50 per cent if a new proposal for an international pact is adopted, trading house E D and F Man says in its monthly market report. The trading house circulated a
      Reuter  -  430 words
    • Article
      Lock icon Grain futures delivery system stirs up debate
      254 26 Reuter WASHINGTON Grain and futures industry representatives at a Commodity Futures Trading Commission (CFTC) symposium on Monday said there are problems with the grain futures deliveries system, but differed broadly on how to fix it. Some advocated increasing the number of grain delivery
      Reuter  -  254 words
    • Article
      Lock icon Tin ends five sen down on higher offerings
      830 26 REPORTS Bernama HIGHER OFFERINGS after the recent price hike pushed down the price of tin to close five sen lower at M 515.10 per kg on the Kuala Lumpur Tin Market yesterday. Despite the steadier close on the London Metal Exchange overnight,
      Bernama  -  830 words
  • Article
    PRICES
    1317 26 Rubber Sep 17 Noon Close Intl RSS Prompt 134.00/I35.00N I33.7VI34.75N Int 1 RSS Oct 91 134.7VI 35.25 Int 1 RSS Nov 136.25/136.75 136.00/136.50 Int 2 RSS OP 135.00/137.00N 134.75/136.75N Int 3 RSS OP 134.50/136.50N 134.25/136.25N Int 4 RSS OP 130.00/132.00N 129.75/131.75N Int 5 RSS OP 126.00/I28.00N 125.75/127.75N ■AVii\ I."'
    1,317 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      434 26 TBLBPHONB: 730-5771/5772/5773 FAX: 734-4982 hTtwMMBrOr THE COMPANIES ACT, CAP. 10 And m The Matter or TOKEN TRADMQ PTE LTD (Members' Voluntary Winding Up) #n BdraonJnary General Meeting o( tie Member* c# the abovenamed Ownpary duly convened and held at 51 Aneon Road, #02-67 #02-88 Anon Carte, Singapore 0207. on Wet*eediy,
      434 words
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      Page 26 Advertisements Column 2
      287 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF MATERIAL TRADING PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50. that the FINAL MEETING of the Members and Creditors of the abovenamed
      287 words
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      Page 26 Advertisements Column 3
      6 26 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    861 27 CKy FMdK ETA Flight ETD MaMaM GA895 1235 GA974 0001 GA886 0010 QF81 2000 QF82 2200 SQ227 2245 AastertUw GA895 1235 SQ24 2200 KL837 1255 KL838 2240 0A471 0020 0A472 2240 SQ35 1710 Ancfciiad NZ21 1820 NZ22 1930 SQ388 2030 SQ181 1410 SQ182 0915 •mW SQ69
    861 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Goodbye to a sewage-loaded sea
      382 27  -  LETTER FROM SYDNEY By Dennis Passa SYDNEY'S polluted beaches will soon be gleaming white and sparkling blue again, the government says. The state premier even went wading to prove it. Most of Australia's thousands of kilometres of shoreline is a postcard picture of white sand
      382 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3493 1.3608 Canadian dollar 1.4755 1.4983 NZ dollar 0.9861 1.0070 Sterling pound 2.9389 2.9640 US dollar 1.6920 1.6960 Local dollar* to 100 uaits of foreign currency Austrian schilling 14.27 14.49
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      99 27 PUrali0n TU|C JW Duration Title Venue Organiser J* Sep 13-23 International Basel Schweizer *****8620.20 Sep 17-22 International Copenhagen. Bella Centre ********** air Switzerland Mustermesse Building Denmark A/S Sep 14-22 International Turin, Italy Torino *****569 Exhibition rfravfn 4 Esposizioni Sep 18-23 International Italy Associazione (39)2/*****82 varavan S.p Exhibition
      99 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      359 27 Irving, dont forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens. Call *****77 for details. We know Europe from start to Pmnsh. ACROSS er's dirty work (4-3) —LmJ-—^ Pickles consumed quietly by Darby and Joan (7) j~^ -9 Violent argument about
      359 words
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      Page 27 Advertisements Column 2
      8 27 Jothtf ot^ oaffs. htve h« 1 UP I
      8 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      211 27 Singapore Outlook: Showers with gusty winds over many areas in the morning. Report Maximum temperature 30.2 Assoc humidity 78% Minimum temperature 24.3 Assoc humidity 98% Hours of sunshine 0.00 Rainfall in mm 31.5 Rainfall this month 87.1 Rainy days this month 7 World Forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Windy
      211 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      48 27 w VIEWS OF TMC COftSTUNG. TURK] iprrM*' 111 itriingrini -irinrifff] V* 0 opvsu>or<s.... right at tvic cpsß. &R£piKW's VftRD ***> follow Vour. nose till Nfou come to "rue Fish 1 IWrOKWffIOH VCAMNINO FftCTORy BEFORE. I GO \'D UKtTo 1— DRIVE. PLONK? TUG. CLIFFS I MV'X I eevpwworrAWDAWDco.ltd,I—2-nn 8515 A
      48 words
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  • Article
    Bangkok rethinks development plan for the South
    542 28 Gulf crisis, weaker oil prices force restructuring BANGKOK The Gulf crisis and weaker oil prices are among factors that have led the Thai government to rethink its ambitious Southern Seaboard Development Programme, says a report in The Nation. The project, launched by the
    542 words
  • Article
    Lock icon HK's legislators may take demands to UK
    360 28 AP HONGKONG Pro-de-mocracy legislators met the British colonial governor yesterday to demand sweeping democratic changes after their victory in Hongkong's first direct elections but said they were not satisfied with his response. Martin Lee, 53-year-old chairman of the United Democrats of Hongkong, the
    AP  -  360 words
  • Article
    Lock icon Leaders ready to work on economic union
    557 28 Crisis in the Soviet Union Reuter MOSCOW Leaders of all but two of the Soviet republics on Monday approved in principle an economic union that would respect their independence and might save the country from financial collapse and a winter of hardship. Moscow
    Reuter  -  557 words
  • Article
    Lock icon Yugoslav ceasefire pact signed
    214 28 Reuter IGALO, Yugoslavia European Community peace envoy Lord Carrington yesterday secured an agreement with the leaders of Serbia, Croatia and the federal army calling for an end to weeks of fighting in Croatia. Croatian President Franjo Tudjman, Serbian President Slobodan Milosevic and Yugoslav Defence Minister General
    Reuter  -  214 words
  • Article
    Lock icon Taiwan cracks down on unreported investment in China
    285 28 AFP TAIPEI Taiwan is cracking down on illegal unregistered investment in China, which the government fears could damage the local economy, officials said yesterday. "Economic and finance authorities here are tracking through various channels unreported investment activities on the mainland and some
    AFP  -  285 words
  • Article, Illustration
    Lock icon 1 more year for Subic pending referendum
    381 28 The Philippine bases issue Agencies MANILA The Philippine government has extended for one year the US lease on Subic Naval Base pending a referendum on its future after the Senate rejected a new 10year treaty governing the facility, Foreign Secretary Raul Manglapus said
    Agencies  -  381 words
  • Article
    Lock icon NZ premier may sacrifice minister: reports
    470 28 Reuter WELLINGTON Knives are being sharpened for New Zealand's hardline Finance Minister Ruth Richardson, less than two months after she delivered her maiden budget. Many parliamentary journalists predict she will be sacrificed by Prime Minister Jim Bolger in a bid to save his own
    Reuter  -  470 words
  • Article
    Jakarta to delay stock market privatisation
    393 28 JAKARTA Indonesia's plan to privatise its stock exchange by October will be delayed, possibly into 1992, a senior exchange official said yesterday. "To be realistic, we cannot expect the new stock exchange to start soon. It will take at least three to four months
    393 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      11 28 p I IN/lIHIF^^EEEIIZI —II The Richness Of Leather Handmade To Perfection.
      11 words
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      Page 28 Advertisements Column 2
      30 28 Call for formation of investment bank to help Baltic states, Pg 10 Soviet history in the re-making? Pg 12 A bloc that's just a gleam in the eye, Pg 13
      30 words
    • Advertisement
      Page 28 Advertisements Column 3
      64 28 —ii Die Richness Of Leather Handmade To Perfection. Editorial, Pg 12 PRIME FREEHOLD RESIDENCE IN PRESTIGIOUS DISTRICT 11 I FOR SALE BY TENPERI Closing Date: Ist Oct 1991,3 pm I j I- W A ■QML a «n n 3 A- An existing beautiful Tudor style bungalow Site area of 4340.6
      64 words
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  • Shipping Times
    • Article, Illustration
      Tradewinds studying flights to 3 Chinese cities
      499 29  -  By Rahita Elias SINGAPORE Singapore's second carrier Tradewinds, which hopes to launch scheduled services to China in 1992/3, is assessing the findings of a study team which went there eariier this month. The team is looking into the viability of flights from Singapore
      499 words
    • Article
      HACTL aiming for 30pc rise in terminal handling rates
      583 29 HONGKONG Hongkong Air Cargo Terminals (HACTL) is pushing for a 30 per cent rise in terminal handling rates from the beginning of next year. Managing director Anthony Charter said an appeal would be made to the government before the end of
      583 words
    • Article
      INDEX TO ADVERTISERS
      1250 29 Pa«e CM ABC Containeriine 12 1 Accord Group 8 1-3 Aeropak 18 3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk
      1,250 words
    • Article
      IT can further finetune local transport network
      360 29  -  City Trans Asia '91 conference By Dexter Lee SINGAPORE Information technology (IT) can be harnessed to improve further Singapore's public transport through the use of an appropriate agency to carry out the task, said Singapore Mass Rapid Transit consultant Bruno Wildermuth yesterday. Mr
      360 words
    • Article
      Lock icon Thai-Laotian firm set up to handle cross-border transport
      227 29 AFP BANGKOK Thailand and Laos have set up a joint venture company to transport goods between the tiro neighbouring countries, ending the monopoly of a government agency here, officials said on Monday. TL Enterprise (1991) Co Ltd has been established and has
      AFP  -  227 words
    • NEWS SUMMARY
      • Article
        Auto show takes on green hue
        30 29 THE emphasis of this year's International Automobile Exhibition at Frankfurt is not on stylish innovations or technical wizardry but on environmental concerns. Pate 2
        30 words
      • Article
        Bremer Vulkan or buying spree? analysts
        35 29 A RASH of recent acquisitions by Germany's Bremer Vulkan AG is part of the troubled shipbuilder's desperate strategy to diversify and survive without surrendering massive state subsidies. Back Page
        35 words
      • Article
        Treuhand wants EC aid to reshape shipyards
        58 29 THE Treuhand privatisation agency has asked the Bonn government to seek urgent European Commission approval for plans to restructure east Germany's crumbling shipbuilding industry. Treuhand's governing council says the "most far-reaching support possible" is necessary if the Baltic yards are to be sold
        58 words
      • Article
        Iran said la ana faraign shippers US$ 100n
        38 29 THE National Iranian Tanker Co (NITQ is under pressure to pay off debts for tankers it chartered during the last year, an oil industry newsletter said on Monday. Back Par
        38 words
      • Article
        Sabana-Air franco talks more advanced
        32 29 BELGIAN national airline Sabena SA's negotiations to find a partner have progressed further with Air France than with British Airways pic, a Sabena source said Back Pace
        32 words
    • LOG BOOK
      • Article
        PSA to host Train the Trainer' course
        114 30 SINGAPORE The Port of Singapore Authority will be hosting the first "Train the Trainers" course, starting from Sep 24. Some 21 participants are expected to take part in the eight-day course, to be conducted by the Singapore Port Institute. Cdr R M Hayes,
        114 words
      • Article
        Portuguese ports hit by pilots' strike
        86 30 LISBON At least 16 ships were unable to move in or out of Portugal's main ports on Monday as pilots resumed industrial action over demands for better work conditions. Strike organisers said all 100 pilots were taking part in the 12 hour-a-day stoppage due
        86 words
      • Article
        Firm Olympic orders for Airbus
        78 30 PARIS Greek national airline Olympic Airways has converted options for two A3OO-600R planes into firm orders, and taken two new options, European aircraft consortium Airbus Industrie said on Monday. Olympic had already placed firm orders for two A3OO-600Rs. It now has four firm orders and
        78 words
      • Article
        EC clears Pan Am routes for Delta
        89 30 BRUSSELS The European Commission cleared Delta Air Lines' takeover of Pan Am Corp's transatlantic routes on Monday, saying it was unlikely to create a dominant position for Delta which would hurt competition. Delta, one of the leading US carriers, is acquiring routes between
        89 words
      • Article
        Boeing invites Soviet participation
        54 30 NEW YORK Boeing Co said on Monday that it had invited the Soviet Union's Tupolev Design Bureau to join its programme to explore the potential for a next-generation Supersonic Commercial Transport. The company said the programme already involves France's Aerospatiale, British Aerospace Plc, Germany's Deutsche Aerospace/DA
        54 words
      • Article
        Finnair workers go on strike
        88 30 HELSINKI International flights of Finland's national airline, Finnair, stopped almost completely yesterday as aviation workers began a strike in protest against a travel tax planned by the government, a Helsinki airport official said. He said some charter flights would leave in the morning and that
        88 words
    • Article, Illustration
      Lock icon Auto show takes on green hue
      1022 30  -  Ihe emphasis of this year s International Automobile Exhibition at Frankfurt is not on stylish innovations or technical wizardry but on environmental concerns, reports Ferdinand Prntrmai* Ferdinand Protzman NYT FRANKFURT'S biennial International Automobile Exhibition has traditionally been a 10-day glitz blitz, where the world's
      NYT  -  1,022 words
    • Article
      WEEKLY FREIGHTS
      279 30 Rates improved over the past week on the freight market, as the Soviet Union and Saudi Arabia bought US grain, traders said. On the Baltic International Freight Futures Exchange (BIFFEX), the Baltic Freight Index gained nine points over the week, finishing at 1,552 points. The Soviet Union bought
      279 words
    • Article
      DAILY FREIGHTS
      1205 30 TIME-CHARTERS in the freight market on Monday were reasonably active with Capesize vessels again attracting high rates, but grain rates were weaker, brokers said. Nearby demand for grain vessels was slow to emerge and available tonnage growing, they said. The Baltic Freight Index fell six points to 1,546
      1,205 words
    • Article
      THE SHIPPING GUIDE
      10111 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
      10,111 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        610 45 fry* »rti kiim Ppartw Item toy No Berth krktt P^r^i Umtm TllWlMl 1 wasan 10-91 P04 1709/1330 18.09/1000 Mam Ban B91 M04 17 09/2300 1 SI liKSS mm^S Baton Sayam *****1 M02 atoms* 18 09/2300 Y n,(oTO 8 P0< 17.09/2300 18.09/1500 Brastav 19/91 M02 atomsde 1709/2300 BrfW
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        CONTAINER SCHEDULE
        943 45 WECavmQ OF EXPORT FCL CONTAINERS AND La CARGO Racard Booking/Mnca fall SJm Way Na Etb/Bfr Pariad From To Ftm AO *k 49A 18/1630 1 17/1500 17/1659 17/1900 MXLiy ISA. 20/1200 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Ad Gonctarav 52S91 19/0700 2 17/1700 18/0659 18/0900 3 18/0700
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      Lock icon Treuhand wants EC aid to reshape ailing shipyards
      369 46 Appeal suggests difficulties finding willing buyers FT BONN The Treuhand privatisation agency has asked (tie Bonn government to seek j»rgent European Commission approval for plans to 4pstructure east Germany's jWUmbling shipbuilding i&dustry. Despite rationalisation ineasures already taken, Treuhand's governing council the "most
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      Lock icon Bremer Vulkan on buying spree to preserve subsidies
      332 46 Reuter BONN A rash of recent acquisitions by Germany's Bremer Vulkan AG is part of the troubled shipbuilder's desperate strategy to diversify and survive without surrendering massive state subsidies, analysts say. "Bremer Vulkan is trying to grow so much that the state
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      Lock icon Iran said to owe foreign shippers US$ 100m
      218 46 UPI NICOSIA, Cyprus The National Iranian Tanker Co (NITC) is under pressure to pay off debts for tankers it chartered during the last year, an oil industry newsletter said on Monday. Shipping sources estimate that NITC owes as much as US$lOO million
      UPI  -  218 words
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      Lock icon Sabena-Air France talks more advanced
      238 46 Reuter BRUSSELS Belgian national airline Sabena SA's negotiations to find a partner have progressed further with Air France than with BritishAirways pic, a Sabena source said. 'Negotiations are more advanced with Air France than with BA," said the source, who declined to be identified. The
      Reuter  -  238 words
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      22 29 #Umi mml MrvjcH NffimM Mirtin «f tin iightii «f Actuated fefjgfMn N>M l vvlsg# >'<#• advert rstnx enquiries, contact Shipping Times: Tel 740-2089/740-2090.
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      333 29 Thm SpmdaTith in undmwabr shipcan TE: *****11 FAX: 862 4711 QSD Qfl3ffi?.3®3 Singapore Business has been around for some 20 years, so we know the local business scene better than most people. But we'd been looking tired lately so we went out and got ourselves spruced up. The result: more
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      30 29 Contawr ScfceMt 1/ My Fit** 2 tatm to Mwftwn 4 Q** mu Stops in P«t W Sfwmfte 17 Oary J Weather and Saa Content W MhU |r Fre«Ms 1 1
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      17 30 NOTICE NOTICE M.VTWIN PLOWDt VOYIAUUVK MNGAFOM ON 12/I*l I I mjjrnmtrnai vtmik tanky Afniß Um, Ktofcai VS32WI&2riSmlmSu
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      104 30 BUSINES^STIMHS group with good opportunties for career 99 advancement to Managerial Positions 19 invites applicants who have good 19 Marketing/Operational hands -on §9 knowledge tor the following posts IS Chartering Executive I Experience in dry cargo [1 fixtures preferred 19 i><^9 2 Logistics/Freight I Forwarding Executive |1 Preferably with experience
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      2017 31 OOCL (S) PTE LTD JAfVNNE SMPPMQ AGENCIES «IIV#M TO.: *****11 FAX *****00 \lllKr BOOKINGS TEL: *****34/*****68 ■IIIIIM TEHMtNAITCFS TH_: *****18 220 pBAMAfI PEBAKA JAfVNNE 9MPPMQ AGENCIES SON. BHO. IVOOOf J PORT KELANG TEL. *****18 FAX; *****01 *****88 ZT~7 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 SSS^S Dedicated to Quality
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      1842 31 TRANSPORT MARY Sept 24-25: Seminar on Marine Insurance in Carrier's and Shipper's Perspectives, organised by Facs World at Carhon Hotel. Oct 15-16: Seminar on Trading, Shipping and Banking Documentation for Procedural Export Operations, organised by Facs World at Carlton Hotel. No* 25-28: The Far East Maritime and Offshore Services "91
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      1578 31 mgams^sssm WEEKLY SAILMfi TO MDDLE EAST TOBIAS MAERSK WM9 ETA SIN 10/0/91 vsaa3 Voy ETA ETO Feeder by hMrtuir Mta DESTINATIONS 5 to i i; TNi «Mk Megteby Murik 9106 MB—MMMM——l^—l—l^————■ 24/s oaoo mrs <: CFB 23/9 2369 HRB Katang Pmng OAK LOB HOU MEM ATL MIA CHS BAL PHL
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      1116 32 MISIB I A f S^SSSSSSSSBBBSBSBBSBBBSBBSSSSS^^S .IMJiM 1.11 BlTiyM^^EgßMßl^Mf^rrtJUlHUHß^^^^^B '.(^■nMKHK|lKl4B^K]gaßVln^HK2B!l^ttSSikMMlkl3BM^^^^B I IROTTEOAM/1 VQV NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE Ml KURAMA 12/137 10/9 12/10 9/10 7/10 9881 FRANKFURT EXPRESS 58/337 24/9 11/10 13/10 16/10 17/10 ■:[•>!« KAMAKURA 19/138 4/10 26/10 22/10 21/10 JMRMN^r DRESDEN EXPRESS 01/338 29/9 16/10 18/10
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      607 32 CONGRATULATIONS AND BEST WISHES TO THE GOVERNMENT AND PEOPLE OF CHILE ON THE OCCASION OF I THEIR NATIONAL DAY I Agent* JggL Jardla* Shlppli* "S2£2!'£S! iTOJ" AftndM mmm j I EXPM»« TO PAPUA MKW QUWA I MOM cmrmamvm mm pom/hom/momo/lae cou—u> papua vm m/n pommmmmium KAN TALANO V 76 M/M
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      1330 32 ""n-'B rnwiwy ocpwaer u uvi WBTBWHB WB EUMHT """*l'*" 1"- 11 I m/WT Id NAM K 1 ROT MIT UM II SSi ji i SS! JSKTm i 2 3 &5 i2<iJ JM* B7!c am Kit WW wu I 22JS! SSS?J 9 2/?2 24/11 »/w wM 27/11 um I I SQRSS
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      1685 33 SgSteomers Maritime Holdings Ltt I Km STRAITS SHIPPING Containers M Iter N. U| HKoat #fW I S'Mr* IM| Sou Ant Rat UU MA£K» *112 13/ Of IS/W 15/** 10/00 03/10 00/10 07/10 00/10 *«~U™ M SU! ORCNTM. MT OSM U/0* IS/00 21/00 00/10- 10/10 12/1* ft/UAH NKXMF V7tf IL., i,n
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      1678 33 |ij wnti/vor v oak lgs cm m im mm ntc ksei/vot w w m a l« oak w ■M OSR SMTH EFII7 21/5 15/10 11/1* 27/10 2/11 1/11 l/ll WWTQM KIM TO* mil JO 7/» T/t S/5 5/i IS/i 10/0 li/O II CHOTANG GIORT ***** 25/5 21/15 25/15 J/11 l/ll
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      384 33 IHHES STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY UFTS |»oa |wt pi Tiuc [a I tAsmmnm 1 1 IT* MEW u 1 Ji 1 •A"® MOON "l 7 «75 ~Sn M/» T«A« «UTO a li/j 1 T coaßciEAoa "5 a/j "S7» 1 ■MUM 1 1 a/i 1 1
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      576 34 CR NBR **********0-D EXPRESS SEMf-CONTAJNERSHIP SERVICE Tt EUROPE I wvwr Imi kmm/nmn ram aon wmnw WTMM/30M lt/10 12/11 17/11 21/11 23/11 fast transit time ACCEPTING BREAK BULK/CONTAINERISED CARGO j* Id Inducement Atoo accepting fiepft lo CmMMci, Part SaM, Port Ataundrta, Qmmm, Trtaaia. ALSO ACCEPT INC BOTH CONTAINERS, CONVENTIONAL CAMO VIA
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      933 34 11/3) It it*i£ V HANJIN SHIPPING IV port (LEM RIM AM HAM BtV Fll j FEEDER VSL SW LM HAUL LGB OAK HAfUN ROTTERDAM 01SN 23/9 10/10 11/10 12/10 12/10 13/10 14/101 HANJM SEATTLE 020E 23/9 O«CT 14/10 17/10 HAIUN KAOHSAJNG 005N 29/9 17/10 18/10 19/10 19/10 20/10 21/10 HANAN
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      56 34 REGULAR WEEKLY SERVICE TO; DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CARGO VESSEL, TUOS A BARGES SPBCIALISB IN IBAVY-LPT, PRQJBGT CARGOES TO ALL INDONESIA, MALAYSIA. THAILAND. ftfILHNB POUTS. OFFER CHARTERING OF OUR CAROO VBSSEL, TUOS A BARGES. TEL: *****26 FAX: *****63
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      1128 34 IUUCT "puncwmj ocpicmßßr Uj ISVI 4?j H I nvwniLiwinninHntuiiKH m in mm mmn» >asno aa pt I ■I SHJ^ 1 W?" 2/11 4/11 v* ,l/u ii/w u/io ivw 25/n i/u o/u 11/11 w/u »/ii a/ii wn m/u vuwu u/u u/u! ■i S£L*J?L V, 1 VI V ll i/M twu lt/u
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      1986 35 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MM U AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 |Mfi FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MM# NEPLINE SON BHD MALAYSIA
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      1014 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES usTßomi-occHMag tsnnuc-iow* imctud w mmanni WBKLB WW ll IMA VOY I* |PKI 15 |«HV If. HTM
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      1299 36 f ICR No: **********0 M) ?r I lA W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD I Hd TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 mLi A MIJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD K VAWACAVIVTCBWATeuA rrtT TEL: SA *****00 PK *****01/5 PENANG *****5 JB *****1. KAWASAKI KISEN KAISHA, LTD
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      1005 36 PHIU'ORI€NT UN€S PT€ LTD I 106 Robinson Road #07-00 GMQ Bulding Singapore 0106 Tal: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****7W*****36 BY AIR, LAND OR SE4~_ WE TAKE ON THE WORLD FOR YOU mA MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION .•(jp Wjlfn^r 'f''fAThjQ 13jllf 19 SEP DUBAI, DAMMAN. SHARJAH, DOHA,
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      1304 37 SSSSmUmm pacific international lines <pte) ltd Ceci street ioa<)o> Sin 9 a p° re 10g [JAKARTA -X,,. I [BANGKOK VESSEL VOY SIM JKT SIN VESSEL VOY SIN SKK SIN »1 18/8 tt/8 SS/S KOTA SUMA 9103 18/8 22/9 29/9 BOUATOR MAS T7N 11/9 93/8 98/8 PEGASUS PROGRESS M4N IS/S 91/8
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      1067 37 ben LINE ddtfTAirtEksTFB 200 Cantonment Road Tel* *****22 #13-05 Southpoint %&A Fax: *****63 Singapore 0208. Telex: Rg 2 4300 EXPRESS CONTAINER SERVICE TO UK/CONTINENT TOYNOS %ag i "gssar i h t w eB gJ s °g~ Nadlt °y d 328 20/9 6/10 7/10 5715 City of Edinburgh 326 24/9 14/10
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      555 37 M MYANMA ■Bk FIVE STAR LINE 1 (Myanmar National Lias) Loading for Yanfon (Rangoon) i- r S'poro P.KIf Pon P.Gdf AM VIIOW SU 19/21 I HM-AN VI67W 20/24 Uf> LAWK) VI37W 20/22 S*> PAGAN VI7SW 22/24 ]<p g* THE BANK UNE (Aosfvlesof AnßrawWslrSMpplßß) Vi \1 HEAVY LIFT CAPABILITY I EXPRESS
      555 words
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      130 38 r-£~X PLATOU PACIFIC SHIPPING SERVICES V 'REGULAR FAB EAST N. AMERICA IMAKIULK OWNERS' REP OFFICE TEL: 222*111 OMOAPORE: FAX: 22*2169 hansa hansa KALMAR V.032 RIGA V.034 SMGAPORE Saied 29/10 JAKARTA Saied 20/10 SURABAYA Saied 25/10 KAOHSAJNG Saled 17/11 LOS ANGELES 15/10 15/12 RICHMOND 19/10 21/12 VANCOUVER 23/10 26/12 General Agents:
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      162 38 jL cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNO PA LOADING FOR a vessel xm RonmMiwiraßV CHINA CONVENTIONAL SERVICE vEssa. pkl ma pa ioaonqpor: AVESSEL 2VOS **C» CXIANOZHOUHUANOPU COSCO PULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNMaANQMMOHONQMONS EUROPBCONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST 00 AST ARAB PERSIAN OUUVKARACH PLEASE REFER ABV MENTIONED
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      751 40 fTO AUSTRALIA/NEW ZEALANO I J [1* pS Fran ||4*» |Sr* pS |w< IP. CMAIM Ipi c. vooue nS~ »/5 iTii" 7/ie uTiT i»/ie wit <» r H HHIWWUI m <1/1* 21/10 2/11 8/11 U/U 11/11 14/11 IP" MARTHA I 211 14/11 21/11 2S/11 1/12 7/12 »/12 18/11 IP* am MUM
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      861 40 EXPORTS TO HONGKONG, TAIWAN, MAMLA t JAPAN 'TWICE NEW. 1" MALACCA STRAIR SERVICE lOUTBOm) WT PKL PEN IT ISMI MM HKG KAO KH TTO Hg NCO KO9 VElgl WT 111 IHQ fOI 9LW BN m moor m U. 9 "169 17.9 28 9 24.9 26.9 1.18 til 3.18 EQUATOR PtPE
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      201 40 perus AHXAR f 6IaVAKR i\m KALIMANTAN i r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vassal ETA/ETD DESTHATKM MAGA XXI Voy 20/91 11/19 Sop Jakarta/P*B*an| I MAGA XXI Voy 21/91 20/21 Sap Jakarta/PalainbaNC i MAGA 42 Voy 16/91 23/24 Sap Jakarta/Paiambani I MAGA XXI Voy 21/91 2C/27 Sap Jakarta/Paiambani j l
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      1463 40 I/w~ t a L— CHINA OCEAN SHVPIIffi COMPANY I FULL CONTAINER LINKS BKB VICE I MMiTM'S AfiEMTJ SSttIMBTS CCTCTII AGENTS MDITt I CHUNG CHWO SIVPMG SDN BHD COSTAR SHPMNG PTE LTD WTM I n IE: *****11/17 Mb *****02. ***** m MDONESM MMOTNE I t. turn IH.: XMIO4/S TU 'IM am
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      425 41 Forbaxkia&enquKmpuoseccnkxt Soo&fiworKbMyTbv pMHpB6Sss|ii»s^^ Fax: *****92 FAST wrect regular service to Indonesia PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETD LOADING FOR D€LI INDAH 21.9.91 22.991 PK. BALAM lAMPUNG IAYA 20.9.91 21.9.91 PANJANG/PALEMBANG PfiANG JAYA 23.9.91 24.9.91 PANJANG PERITA JAVA 24.9.91 25.9.91 PANJANG/PALEMBANG ABAOt JAYA 25.9.91 26.991 PANJANG/MUNTO* PERITA INTAN 23.9.91 25.9 91
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      466 41 »**^MCHFiEun TEL: *****33 (12 Unoo) m FAX: *****15/*****03 ICtll TELEX: RS ***** RISHIP (3 Urns) ETHIOPIAN SNIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABYOT 28WB 30/0# DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ANDINET 25W8 28/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA (5
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      750 41 —i————l—— SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta eta n» SPORE «*T KELANG KNANS M.UE iAOE 29/9 loading for Mate •UVAJ HUOHU 30/9 Loading tor Calcutta DOIMN 19/9 loading Fo< Male noma sum* 23/9 20/9 loading for Male OQNMU.M 30/9 Loaded For Fetooru nOCKSS LBOtTT 30/9 loading tor
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      393 41 m NANTA MM ■1 BM> l IWS M/» Km BMUM* C2N Ikw 19/9 fe 22/9 i DASA ENAM MS 2V9 a/9 CHAfTA MM# 24N fat 21/9 Tat 24/9~~ ■[AAA MM UPS I/M UMM mm# 7M a/9 IM 21/9 hg*B*YA NANTA MM MN W 1,1111 "Tl MM* B3N M/ 9 >■
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      329 41 VgL VOY WWOAPOWi MADRAS —OAf^W VESSELVOYSM MM M J~ TMER MY 173H In Part 2S-27/00 03-04/10 f® MCS 24-2S/09 11-n/10 00-00/10 J TIGER STM 174 M 2S-2S/M lU7/1I 13-14/10 1 V* VOY MMQAPOfM/CALCUTT A/WNttAEORB j W» ioi SM TWER RIVER 130CNB 10-10/00 20-20/00 00-00/1# CABLE BREEZE 071 27-28/00 04-00/14 14-10/lf
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      1045 42 (£*3 MAC-NELS S'PORE MPORT:'22I6OO2 I P&ANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANQ: (03) *****77 JAKARTA: (21) *****32 KUCHING: (062) *****3 SURABAYA: (31) *****0 PK SIN Colombo 22/9 23/9 24/9 21JS 22/9 23/9 Ldn/Fh/Rdm/Ant Durban/Pt Louis 20/9 21/9 22/9 2279 23/9 24/9 Gothontourf/Stodihofcn/Oslo 23/9 24/9
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      328 42 feCW; blue star line TO FROM ft/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM m. ML ITT SW MANDAMA 0504 25/0 7/10 VIA NPI J/10 20/10 MFMKK 14$ 30/9 11/10 WA Nfl 13/10 30/10 11/10 23/10 vu in 25/10 11/11 FULLY CONTAINERISED SAILINGS DISCHARGING
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      847 42 THONG SOPH LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****6S FAX NO: *****11. *****22 WESm TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CO MTAl>gßsl£ifZ,i tfc COlfflUimaa*WßaaPME SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IvtT [ETA |>EST VESSEL VtT Sftt
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      309 42 "N ijgp NVOCC FRATA CONTAINER LINES me now to am out comoumtiom to mki «nktt of ram FORT* FREQUENCT/lfTfl FT* SR TKMWT TM AUCKLAND 3 SAUNGS 25/9 14 OATS BANGKOK 4 SAUIGS 21/9 3 MTS CALCUTTA 4 SAUNGS 24/1 5 DATS MTTAGONG 4 SAUNGS 24/9 S DATS COLOMBO 3 SAUNGS
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      709 43 \S3?^^compansTeruana^^ TiTl OE VAPOREB "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, 10* 1 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADMG. tan** f. Ketone S«(apart Elba THOMUEVQtETT 10/11 Oct 12/13 Oct 17/11 Oct KMUMKKTT 11/19 Oct JOtBEBRETT 25/26 OCT 27/21 Oct 31 oct/01
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      513 43 Imi MSS!] N.AMERICA/CARRIBEAN SERVICES hwr tm boman S tat S hrc fcoi m maouHclnx"»/» m roan i/u u/n ia/n io/u 20/11 m Mxumm kk 2/ia m wsm i/u 12/11 i*/u u/u 20/11 m KMHSUHS lilt 10/10 2M MMIOMM 0/11 11/11 22/11 24/11 M/ll ZM YOKOHAMA |l7f 15/10 BM CAIFORMA 22/11
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      604 43 MULTI-MODE SNIPPMB PTE LTD MIDDLE-EAST/PERSIAN GULF Acccrrwra fcl/lcl DUBAI DAMMAN SHARJAH DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. JEOOAH FAR EAST ACCEPTING FCL/LCL PCNANC P/KELANG, JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS, TILBURY, ABEROEEN. LE HARVE. HAMBURG. ROTTERDAM ANTWEP. GOTHENBURG. COPENHAGEN ALL OTHER
      604 words
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      484 43 I (IS PERINTIS LINE I! ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOY SIN JKT SBV PRASETIA 199 A 19/09 22/09 PELOPOR 1006 21/09 24/09 DERAJAT 955 24/09 27/09 PRASETIA 201 A 26/09 28/09 TANTO UTAMA 193 IN PORT 19/09 TANTO UTAMA 195 24/09 27/09 BONTANG PACIFIC 038
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      471 43 LJiiili SIR FAI EAST ;> 30/10 KEELUNG/KAOHSIUNG 2 29/10 BANGKOK 28/10 MANILA/CEBU t 28/10 JAKARTA/BELAWAN/SURABAYA 28/10 PORT KELANG/PENANG/E. Malaysia J 30/10 BUSAN 30/10 TOKYO/YOKO/KOBE/NGO/OSA r t 24/10 HONG KONG J SM CMM 24/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU OALIAN/SHANGHAI/XINGANG I TIANJIN/QINGDAO/HAJKOU C. also accepting LCL cargo SM EHOPE/W 23/9 LDN/FLX/LVP/SOU 23/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO
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      Page 44 Advertisements Column 1
      858 44 FIL CONTAINER SERVICE PTE LTD MADRAS CALCUnA BANGKOK VBL XN/MADRA3 V»L BtN/CALCUTTA V»L 84N/BAMOKOK 9N MM 9N SW CM SM SM KK NOT MUMU 10-10/00 25-27/00 0344/10 KIT DNUU 10-10/00 20-20/00 05-00/10 KIT MALMU IS 23 Up 24-25/01 01-02/10 00-00/10 27-20/00 04-M/10 14-15/10 22 tap 20 0* 20-20/09 05-07/10 13-14/10
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      Page 44 Advertisements Column 2
      409 44 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION FREMANTLE 18 SEPT ALSO ACCEPTNG CARGOES TO;PORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 1/9 »/9 JAKARTA CONTERM EDEN 11/9 24/9 PENANG CONTERM A. BHUM 22/9 27/9 PORT KELANG CONTERM SEROJA 21/9 21/9 EUROPE CONTERM ROTTERDAM 22/9 29/9 AUCKLAW CONTERM MAMMMA
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      Page 44 Advertisements Column 3
      831 44 CUU! con-mv FROM maA^T7/AMr PENANG KL: allied-LINK SINGAPORE: /ffisS 04-*****2 09-*****55 778 9522(22 UNESI XT Martna Oog lutan Ng/Phlllp Km Irene Cheng/Eslher Yap M KIM SHIPPING TRADING PTE LTD I jKjjj Tel: *****11 Fax: *****88 VTltfi VOY SIN JED DUB DAM SAUDI MAKKAH FEA 020 21/09 02/10 06/10 07/10 SAUDI
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      209 45 Vvw>c vOc vO c vOc vOc vO c V VAN OMMEREN CETECO GROUP V 0 TRANSPORT DIVISION U Q VAN OMMEREN AIR (S) PTE LTD Q WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, V X VAN OMMEREN AIR IS READY FOR TAKE-OFF. (I HAVE VAN OMMEREN AIR OFFICES AT THE MAJOR ABPORTSM
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      Page 45 Advertisements Column 2
      538 45 X.. YOUR WORLD CLASS ■r H ASS ItW ZEIIiM/FUI rasa At Ml ta h Stop todtad R8(A) Nfljamte(A) Tteura Lytte*«<B) owdte<B) Maptar MMOTmp N Rochester/9123# 21/9 24/9 21/9 21/9 25/9 28/9 11/10 23/10 13/10 16/10 17/10 17/10 14/10 15/10 20/10 N Roven/9124 30/9 2/10 4/10 4/10 23/10 26/10 11/11 23/11
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      280 45 TIDES AND WEATHER TOOArS TPCS (height in metres) I HM MM MM «n ma MN MM MM I7M mm MM MM UN UN 13M14H UMIIHI7MIMIM MM ZIM 2W 2» LI 1.0 1.0 LI 12 1.3 1.4 1.5 IS Li 15 L 5 1.1 L 6 1.7 IS 10 2.1 22
      280 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      767 46 iCHARTPOINT Every Saturday in Business Times £SSSSS^SSSSSSSS^S HYUNDAI :i MERCHANT MARME CO. LTD. v EASTBOUND FEEDER TO PAOFIC SOUTH-WEST TO PACIFIC NORTH-WEST wa hit w w I mmm iw jh on n «mm. wt toi/sp m WHIN 002 M/M 17/ M M/M UUWM 431 14/11 17/11 11/1* 1000 MDGE Ml
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      Page 46 Advertisements Column 2
      192 46 REGULAR WEEKLY CONSOL TO: I EUROPE IMilano Genoa Fdixstone Hamburg I Antwerp Rotterdam I I [ga| PT. CELEBES LINES dedicated feeder service to from Surabaya Sin eta Surabaya Bontang Pacific 028 20/00 25/09 Tan to Utama 106 24/00 27/00 Bontang Pacific 036 28/00 02/10 Tanto Utama 107 02/10 06/10 Bontang
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      Page 46 Advertisements Column 3
      418 46 ICHARTPOINTI Every Saturday in Business Times Your EEC UK /L 1991 Sailing CfX <Sm Belgium every France Wednesday I C ItalyxS? SM JKT PEN PKL JOH BKK BSB MNL T#l: *****11 *****66 *****8 *****96 *****2 *****29 *****3 *****76 Fta: *****59 *****14 *****6 *****66 *****6 *****17 *****6 *****79 UK/CONmNENT not rrn
      418 words