The Business Times, 24 September 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday, September 24, 1991 75*
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  • NEWS SUMMARY
    • 63 1 ZAGREB Yugoslavia's truce held yesterday despite sporadic violations on all fronts in breakaway Croatia and calm began returning to the Balkan country after weeks of fighting. With optimism growing among diplomats and officials in Yugoslavia, a European Community-sponsored peace conference on Yugoslavia announced
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    • 55 1 ALGIERS PLO Chairman Yasser Arafat yesterday pledged that his organisation would contribute to the success of a US-Soviet sponsored Middle East peace conference but rejected "Israeli blackmail". He also appealed to Presidents George Bush and Mikhail Gorbachev lo "do what they can to
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    • 23 1 THE Growth Triangle is gaining significance as an oil centre in the Asia-Pacific, says Dr Lee Boon Yang. Page 2
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    • 32 1 LAGUNA National Golf and Country Club yesterday launched an aggressive drive to attract an initial 800 members to the $250 million club in East Coast Parkway. Page 2
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    • 18 1 HONGKONG'S top bankers warn of a further crackdown on residential property speculators Page 7
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    • 33 1 AMERICA must seal its victory over communism by helping Moscow make capitalism work, says Treasury Secretary Nicholas Brady, just back from a four-day trip to the Soviet Union Page 9
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    • 34 1 HP SINGAPORE, whose R&D staff were increased by one and a half times between 1989 and 1991, seeks to boost sales and increase the number of its R&D staff. Page 12
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    • 23 1 PRINCE Edward is one of many thousands of young Britons to fall victim to the country's economic recession Page 15
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    • 27 1 UNLIKE the US, where companies are reeling from telephone fraud of epidemic proportions, Singapore has proven to be relatively safe. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 36 1 THE NEW YORK stock market showed some scattered gains yesterday morning, benefiting from declining interest rates. The Dow Jones average of 30 industrials rose 4.03 points to 3,023.26 in the first hour of trading.
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    • 35 1 LONDON shares were lower at midday yesterday, undermined by continued pessimism about British industry's prospects. At about 1100 GMT, the FTSE 100-Share Index was down 20.8 points, or 0.8 per cent, at 2,579.5.
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    • 29 1 DIRECTORS of diversified trading company Bousteadco Singapore Ltd have blamed the Gulf crisis for the 60 per cent drop in profits at halftime Page 3
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    • 37 1 POLYTEK Wearnes Holdings has reached an agreement to sell all its businesses in Taiwan. It will dispose of its stakes in Faithful Standard, Multitech Engineering and Promo Building Supplies for $10.12 million Page 3
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    • 15 1 THE Hongkong, Japan, Taiwan and South Korean markets were closed yesterday for holidays.
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    • Article, Illustration
      27 1 Monday Change BT-MGA 679.02 +2.50 Kuala Lumpur ....320.57 -3.63 Tokyo closed Hongkong closed Sydney 1561.9 +0.2 Friday Change New York 3,019.23 -5.14 London 2,600.3 +11.6
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    • 19 1 US$ SS 1.6895 100 Yen SS 1.2613 MS SS 0.6151 Overnight 4 7/8 -1/2 3-month 4 7/81* +1/16
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    • 37 1 London Gold AM fix USS349.05 USS+0.45 S'pore Oct.... 135.25«/kg unch Nfsia Oct 221.50Vkg -0.50 KL Tin Turnover 50 tonnes -35 Spot MS 14.87 /kg -0.13 Crndo potan oil Turnover 457 lots -189 Nov MS790 /tonne J|
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  • 513 1  -  10.8 ha up for sale by public tender from next year By Sylvia Wong SINGAPORE In a move to redevelop Tanjong Rhu as Singapore's first waterfront residential area, the Urban Redevelopment Authority (URA) has said it will offer 10.8 hectares of state
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  • 612 1  -  By S N Vasuki SINGAPORE Asia-Pacif-ic nations must strengthen regional economic cooperation, says Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong. BG Lee said groupings such as the forum for AsiaPacific Economic Co-ope ration (Apec) and Malaysia's proposal for an East Asian Economic
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  • 145 1 Reuter JAKARTA The Indonesian government will take measures to revive the country's crumbling stock market which has plunged to a threeyear low, Finance Minister Johannes Sumarlin said yesterday. "We are concerned about the steep decline and are working to arrest and reverse it," he
    Reuter  -  145 words
  • 126 1 SINGAPORE The Singapore dollar continued its relentless surge yesterday, trading to a high of 1.6885 against the US dollar. The greenback opened lower at S$ 1.6910, compared with Friday's closing of 1.6965. It dipped to 1.6885 before recovering marginally to close at 1.6900. Dealers generally expect
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  • 417 1 Governor Sir David Wilson pays tribute to philanthropist J HONGKONG Shipping magnate Sir Yue-kong Pao, one of the world's richest men and a pillar of the British colony's establishment, died yesterday at 72. He died peacefully at his home yesterday morning after
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  • Page 1 Advertisements
    • 142 1 Nikon T"o'.Vor!d s Finest Photographic System fcrcraft Schedule 25 Money Market 25 For market indices, editorial. Commodrfies 24 Regional News 7 advertising and orcubtnn exCompwy News 3.4 SES 17,18 tensors. cal Business Times Crypto: Crossword 25 Simex 23 Information Scrvice on Editorial 10 Share Information 20 730-5155. Business Times adFmanoal
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    • 8 1 Economic activity shifting to the Pacific, Back Page
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    • 115 1 Nikon The s Finest S>ster>\ i Possible blind spots in a Vision HAS SUCCESS fow to M«laysia's heat? At first gteace, it appears to be so fhea the almost audacious aims of Vision 2020, as the 30-year National Development Plan has been dubbed. BTs Economics Corespondent Kenneth JaaKS takes a
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  • HOME NEWS
    • NEWS ROUNDUP
      • 70 2 THE KALLANG BASIN will be the scene of a powerboat race regatta this Sunday. Races will be held from 10.30 am to 11.30 am, and then again from 12.30pm to 2.30pm. For the duration of the event, the Port of Singapore Authority has declared the
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      • 47 2 TWELVE SAF officers have been awarded the 1991 SAF Merit scholarships to pursue courses in aeronautical engineering, electrical and electronic engineering, computer science, economics and psychology in Britain. Since the scheme was introduced in 1983, 120 SAF officers have been awarded the scholarship.
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      • 74 2 THE Public Service Commission yesterday kicked off another series of recruitment talks at the NUS and NTU. It will end on Nov 11. The talks will cover the administrative service, education service, engineering service, finance-related services, foreign service and senior uniformed services. The Environment Ministry, Prisons
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      • 84 2 Corrections clarifications IN BTs News Roundup yesterday, we incorrectly said that Deputy Prime Minister Ong Teng Cheong was to attend the Commonwealth Parliamentary Conference in New Delhi. Mr Ong is not attending the conference, nor is Mr Ong the Commonwealth Parliamentary Association's representative for South-east Asia. In the same column,
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    • 443 2  -  By Lilian Ang THE Growth Triangle Singapore, Johor and the Riau islands is gaining significance as an oil centre in the Asia-Pacific, even as the Republic evolves from a refining centre into a total oil business centre. Dr Lee Boon Yang, Minister
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    • 133 2 THE LAST BEAM of the steel structure for the UOB Plaza one of the two tallest buildings in Singapore was hoisted yesterday. A "Last Beam Ceremony" attended by Wee Cho Yaw, chairman and chief executive officer of UOB, officially marked the completion of the structural steelwork
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    • 356 2  -  Joint venture to reclaim land at Marina Bay and Kallang Basin By Sylivia Wong A JAPAN-Singapore joint venture, Penta-Ocean/Koon Construction, has clinched a major $265 million job to reclaim land at Marina Bay and Kallang Basin off Tanjong Rhu. The deal, awarded by the Housing
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    • 268 2 LAGUNA National Golf and Country Club yesterday x launched an aggressive drive to attract an initial 800 mem- bers. All those accepted will be offered a $120,000 unse-"" cured, fully-redeemable note and "lower-than-expected" 7, fees. Membership will be fill- i ly
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  • Page 2 Advertisements
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  • COMPANY NEWS
    • 496 3  -  By Lee Han Shih SINGAPORE Acma Ltd, which is in the process of taking over the listed Gold Coin Ltd, said it could use up the latter's entire expected cash hoard of $115.6 million to acquire new businesses. In a
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    • 281 3  -  Shoeb Kagda SINGAPORE Diversified trading company Bousteadco Singapore Ltd has reported a 60 per cent drop in profits at half-time, with directors putting the'blame on the Gulf crisis earlier in the year. The group recorded net earnings of $1.17 million for the six months
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    • 277 3  -  By Genevieve Cua SINGAPORE Property investment company Eu Yan Sang Holdings Ltd unveiled a disrpal set of results for the year ended June 1991, as net earnings dropped 67 per cent to $457,000. The figures, released yesterday, did not
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    • 206 3 SINGAPORE Hotel Grfrnd Central Ltd has posted a lower profit in the first half of the year, with group net earnings falling by 40 per cent to $3.74 million. This works out to earnings per share of 5.83 cents, down from an EPS
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    • 520 3  -  OBITUARY By Claire Leow SINGAPORE Less than two months short of his 73rd birthday, Hongkong shipping magnate Sir Y K Pao yesterday died at home in Hongkong of respiratory failure, leaving behind a vast empire. Although Sir Y K made his name as
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    • 273 3 SINGAPORE Gold Coin Ltd, currently going through what is likely to be the last year of its existence as a feedstock manufacturer, yesterday reported a flat set of interim results. For the six months ended June 30, trading profit fell 44 per cent from
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    • 324 3  -  By Chuang Peck Ming SINGAPORE Polytek Wearnes Holdings Ltd has reached an agreement to sell all its businesses in Taiwan. The company is divesting its 51 per cent stakes in Faithful Standard Inc, Multitech Engineering Inc and Promo Building Supplies Inc for
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    • COMPANY BRIEFS
      • 83 3 SINGAPORE Amtek Engineering has reported a 9.9 per cent increase in after-tax group profit to $7.7 million for the year to June 1991. Turnover rose 19 per cent to $69.6 million. The turnover and pre-tax earnings of Amtek's Malaysian subsidiaries improved by 28 per
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      • 45 3 SINGAPORE The after-tax profit of Tong Meng Industnes rose 235 per cent to $459,000 for the six months to June 1991, though turnover fell 3.2 per cent to $2.7 million. Most came from investment income, which increased to $526,000 before tax.
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      • 51 3 SINGAPORE Depressed conditions and higher operating costs in the paper industry have squeezed the after-tax profits ?™< a a r c u^ bhcatl ns which fell from Sl 49 mi H»on to $795,000 for the year to June 1991. Turnover fell 9.6 per cent to
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      • 107 3 KUALA LUMPUR Malaysian Helicopter Services Berhad, the transport arm of Technology Resources Industries Berhad, is confident of achieving a pre-tax profit of MS2O prof,t or financial year compared to MS 17.20 million it achieved last year. Executive chairman Tan Sri Saw Huat told reporters yesterday that Malaysian
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      • 110 3 KUALA LUMPUR Construction and Supplies House Berhad or Cash is embarking on a series of acquisition trails in manufacturing and property-based activities aimed at broadening its income base in the sectors identified with good growth potential. In addition, it is also proposing a three for two
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    • COMPANY BRIEFS
      • 73 4 LONDON British engineering group Hawker Siddeley pic, under siege by a £1.5 billion (554.4 billion) cash and share offer from conglomerate BTR pic, is about to conclude a number of unit sales each worth more than £100 million. The Financial Times newspaper, quoting sources
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      • 77 4 LONDON UK conglomerate Williams Holdings pic is set to buy Rockwell International Corp's fire protection interests for some £34 million, the UK Sunday Telegraph newspaper reported. The newspaper quoted unnamed US sources as saying talks on Rockwell's Fire Eye unit, which makes annual profits of
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      • 52 4 ZURICH SMH of Switzerland, maker of the successful "Swatch" fashion watch, will this week launch itself into the sunglasses market, a Swiss newspaper said. The new glasses, to be sold under the name "Swatch-Eye", will be manufactured in Switzerland and were designed by Munich-based firm Ferdinand
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      • 61 4 TOKYO Tomen Corp, a major Japanese trading company, and Soviet, US and Finnish firms will set up a joint venture in the Soviet republic of Kazakhstan to produce electric wires, news reports said yesterday. It will be the first Japanese investment in the Soviet Union since
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    • 205 4 Reuter SYDNEY An Australian court found yesterday that former high-flying tycoon Alan Bond was liable to pay a personal guarantee of US$l94 million (***** million). Justice Andrew Rogers in the New South Wales Supreme Court yesterday ruled that the guarantee to Hongkong Bank
      Reuter  -  205 words
    • 381 4 HONGKONG Tycoon Li fo-shing is reported to be preparing a bid that could lead to him taking over what is about to become Britain's largest property development company. According to the South China Morning Post, reports in London have linked Mr
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    • 131 4 Reuter CANBERRA Mining group CRA Ltd has been given initial approval to proceed with a mine in northern Australia able to supply 10 per cent of the world's zinc demand. The government's Foreign Investment Review Board gave CRA, 49 per cent owned
      Reuter  -  131 words
    • 373 4 Reuter ADELAIDE Foster's Brewing Group Ltd has said recession in Australia, Canada and Britain will hit beer sales and continue to hurt its agriculture arm, Elders Ltd. The tough environment would also hamper the planned sale of about As2.B billion (SS3.B
      Reuter  -  373 words
    • 162 4 AFP TOKYO Japan's Mitsubishi Electric Corp and AT&T of the United States have agreed to cooperate in producing gallium-arsenide chips, a leading economic newspaper reported yesterday. The Nikon Keiiai Shimbun said the US telecommunications giant will start production of the chips under the Mitsubishi
      AFP  -  162 words
    • 308 4 AP NEW YORK Pepsi-Cola is changing its familiar red, white and blue logo, the company announced on Sunday. The new-look cans and bottles of Pepsi and Diet Pepsi should start turning up in stores in the US by the end of the year and in
      AP  -  308 words
    • 359 4 Reuter AUCKLAND New Zealand's largest industrial concern Fletcher Challenge Ltd said it planned substantial divestments as it battened down the hatches to cope with a sharply lower profit in the June 1992 year. The forestry, building and energy concern targets an equity ratio, now
      Reuter  -  359 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 116 4 BUYERS DON'T MISS ASIA'S LARGEST FASHION TRADE EVENT January 13-16,1992 Hong Kong Convention and Exhibition Centre Over 600 exhibitors from more than 20 countries High quality garments Designer labels Special fashion accessories salon Professionally organised fashion shows For more information send in the coupon below, or contact your nearest Hong
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    • 129 4 Spices, We Throw In Freshness. Faithful to traditional Teochew culinary art, our chef# at Hung King Teochew y Restaurant do not use spice excMively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food. And to complement a
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  • Page 5 Advertisements
    • 474 5 J• R I d WE PRESENT A NEW BANK THAT not- I BELIEVES LONG-TERM RELATIONSHIPS M AREN'T ONLY FOR THE GOOD TIMES. DOESN'T THAT SOUND LIKE THE BANKER YOU'VE ALWAYS BEEN LOOKING FOR? mer g er between ABN Bank and Amro Bank has given their business performance in all areas.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 75 6 KEPPEL Bank has announced that it will cut its prime rate by a quarter of a percentage point to 7.5 per cent with effect from today. The bank will also lower its deposit rates by a quarter point for all periods other than
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      • 97 6 AMSTERDAM The Netherlands' two leading commercial banks, ABN and Amro, merged on Sunday into a single entity, ABN Amro Bank. In the past year, after the decision to merge had been taken, the two banks had continued to function independently as subsidiaries of ABN Amro
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      • 101 6 ZURICH Union Bank of Switzerland (ÜBS), Switzerland's largest bank, has brought criminal charges against a former employee over losses of millions of Swiss francs at one of its branches, a Swiss newspaper report said. "We're in the early stages of proceedings and we do not yet
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      • 103 6 LONDON South African insurance giant Liberty Life Association of Africa Ltd is working on a plan to offer up to 10 per cent of its equity to investors in Britain and Continental Europe, the Sunday Telegraph reported. "I am seriously looking at it at the
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      • 70 6 CAMARILLO, California Everest and Jennings International Ltd said it agreed to sell most of its Ortopedia GmbH unit to a consortium led by Citicorp's venture capital unit and including National Westminster Bank Pic affiliate County Nat West Ventures Ltd and Ortopedia senior management, resulting in a
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    • 318 6  -  By Qaak Hiang Whai SINGAPORE More Malaysian banks arc tapping the offshore loan market to Finance the foreign currency requirements of their clients. Among those which came into the market recently are Bank Bumiputra Bhd and Public Bank Bhd, which are seeking a total
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    • 300 6  -  By Chew Eng Han SINGAPORE Thai Investment and Securities Co Ltd (Tisco) is borrowing US$3O million (5550.7 million) from a syndicate of 10 Japanese banks. Four Japanese banks in Singapore are lead managers for the revolving credit facility. They are: the Dai-Ichi
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    • 266 6 Reuter WELLINGTON DFC New Zealand Ltd, the gov-ernment-controlled merchant bank which collapsed in 1989, has said it will repay creditors two years ahead of schedule because asset sales are running so well. Its Oct 15 tier one instalment of NZSBS
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    • 211 6 Reuter BANGKOK The Bank of Thailand cut its discount rate yesterday by one percentage point to 11 per cent, effective immediately, in the first move to ease the country's tight money policy. Central bank governor Vijit Supinit said
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    • 443 6 Agencies LOS ANGELES A US insurance industry organisation has said it plans to bid for failed Executive Life Insurance Co (ELIC) and that its proposal will give policyholders "significantly better" benefits than those promised in a bid submitted last month by
      Agencies  -  443 words
    • 173 6 SINGAPORE Stockbroker Crosby Securities Pte Ltd, recently rated one of the top research firms in the region, has made Singapore the regional headquarters for its research activities. Mr Bruce Darrington, managing director of the Singapore office, told BT the move means that the
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    • 409 6 Reuter DUESSELDORF Citicorp/Citibank Inc is likely to return to profit in late 1992 after achieving sharp cuts in costs this year, says visiting chairman John Reed. The bank had already saved US$l billion (531.69 billion) in costs out of a
      Reuter  -  409 words
  • Page 6 Advertisements
    • 478 6 Guest of Honour Mr Lim Boon Hang Senior Mkiister of State (Trade Industry) Organieedby: Supported by: European Communities Singapore Chinese Chamber of Commerce Economic Development Board A Industry Ministry of Foreign Affairs Singapore Indan Chamber of CorMneroa Ministry of Trade Indusfry Singapore International Cfwnber of Singapore Institute of Standards Commerce
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    • 80 6 V jBK .gjWMf TmWMb a j SALAD DAYS I Oscars presents the best salad bar in town. M varieties of cold cuts and fresh salad at only $10.90. Our new a la carte menu offers superb dishes at very satisfying prices. Come down for a quick bite or a lazy
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  • THE REGION
    • 403 7  -  Growing shortfalls driving away foreign investment to NIEs By Abdul Hadhi SINGAPORE Growing current-account deficits are diverting foreign investment away from some Far Eastern countries to the newly industrialised economies. According to Asian Intelligence, a newsletter published by the Political Economic Risk Consultancy, five
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    • 405 7 HONGKONG Hongkong's top bankers have threatened to launch a further crackdown on speculation ip residential properties, says a report in the Sunday Morning Fe&t. Theajport said the warning C4OF only days after the movesr effective last Monday, to widen mortgage charges by 0.5 per
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    • 543 7 AFP MANILA US forces are openly violating the Philippine Constitution and staying like an occupying power in the absence of a new base treaty, opposition Senator Juan Ponce Enrile said yesterday. He told a news conference that Washington should start pulling out of Subic Naval
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    • 428 7 HONGKONG China wiU soon announce drastic measures to take the steam out of the Shenzhen property market, says a report in the Sunday Morning Post. The report said the Shenzhen Municipal Construction Bureau has drawn up an eight-point plan to curb speculation, that
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    • 268 7 Bernama BANGKOK Thailand's textile exports are expected to increase 13.4 per cent this year to a total value of U554,032.4 million (556,835 million), the Thai Business Economics Department said yesterday. It added that while textile exports would increase, they
      Bernama  -  268 words
    • 72 7 MOSCOW Malaysian Defence Minister Datuk Sen Najib Tun Razak arrived here last Sunday for a week-long visit at the invitation of the Soviet Defence Ministry, the official Tass news agency said. He was met at the airport by the Soviet military's chief-of-stafT, General Vladimir Lobov,
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    • 87 7 KUALA LUMPUR Thailand has signed an agreement to buy 15,000 barrels per day (bpd) of Malaysian crude oil for a one-year term from October, Malaysia's state oil firm Petronas said yesterday. Under the deal, Petronas will supply 10,000 bpd of Tapis and 5,000 bpd of
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    • 68 7 CANCUN, Mexico Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad says he is more convinced than ever that South-South cooperation can work. "It needs a lot of push but, yes, it can work,** he told Malaysian journalists last Saturday at a press conference to wrap up
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    • 88 7 HANOI Massive corruption has cost eight of Vietnam's southern provinces more than US$54 million (S$9l.S million) in just one year, an official newspaper has reported. The amount of assets leaked through corruption... was 507 billion dong (SsB6 million), 863 taels (32.4 kg) of gold, US$3.3
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    • 71 7 DALAT, Sarawak The Sarawak government will make the Mukah and Matu districts the centre of the state's pharmaceutical industry, Chief Minister Tan Sri Abdul Taib Mahmud said last Sunday. Sago was an important ingredient in the manufacture of certain pharmaceutical products and in view of
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    • 107 7 WELLINGTON New Zealand's conservative government plunged to a new low in popularity stakes yesterday,' and Prime Minister Jim Bolger defended himself against reports that he was planning to harass pensioners and spy on the population. Support among committed voters for Mr Bolter's ruling National Party plunged
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  • Page 8 Advertisements
    • 187 8 Scientists estimate that the Continental Drift could bring Singapore and North America together in 10 million years. i Starting October Ist, we can do it overnight. You've been waiting a long, system is so advanced it's long time for a quick way to enabled us to gain valuable deliver across
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  • THE WORLD
    • 606 9 Pledge to offer assistance to help Soviets through winter Reuter t WASHINGTON US Treasury Secretary Nicholas Brady has returned from a four-day trip to the Soviet i Union last week convinced that America must seal its j victory over communism by
      Reuter  -  606 words
    • 254 9 Reuter WASHINGTON The US is pressing for an early meet- ing of economic policy makers from the Group of Seven in- dustrial nations to discuss the plight of the Soviet Union, I say American officials. J The seven Germany, Britain, France, Italy, Cana- da,
      Reuter  -  254 words
    • 398 9 IHT BRUSSELS A 1990 transAtlantic "declaration" between the European Community and the US became the model for a nearly identical EC-Japan agreement earlier this year, and the Community's top competition official has said an EC-US antitrust pact could serve a similar
      IHT  -  398 words
    • 261 9 Reuter LONDON British manufacturing output is expected to stop falling in the next four months because of a slight improvement in both home and export orders, says the Confederation of British Industry (CBI). The group's latest monthly trends survey covered nearly 1,500
      Reuter  -  261 words
    • 312 9 Reuter WASHINGTON The US economy began to recover from recession in May, says White House Budget Director Richard Darman, but not as vigorously as the Bush administration wants. "I think the economy turned in May," he said on US television last Sunday,
      Reuter  -  312 words
    • WORLD WATCH
      • 74 9 OTTAWA The Canadian government, in what may be its last bid to avert the country's break-up, unveils today a blueprint for constitutional reform designed to keep restless Quebec from separating from the country in a referendum next year. The ruling Conservatives hope a
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      • 80 9 LONDON Most UK pay settlements are expected to be between 5 and 7 per cent in the coming months as inflation falls to 4 per cent or below. The latest Incomes Data Services (IDS) report said last Sunday, "The exact pattern of increases over the coming
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      • 78 9 TAIPEI Taiwan s capital outflow, which hit a record US$lO.7 billion (5518.2 billion) last year, will fall sharply this year and central bank governor Samuel Shieh says the island will notch up a bigger balance of payments surplus. He said yesterday that capital outflow was
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      • 63 9 BUENOS AIRES Argentina expects to meet fiscal targets agreed with the International Monetary Fund by selling off state assets. The Argentine Treasury Secretary, Ricardo Gutierrez, said in a newspaper interview published last Sunday that funds raised by selling telephone company shares, production contracts in
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  • Page 9 Advertisements
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  • 469 10 EDITORIAL IF CODES of ethics were enough to inculcate moral uprightness, the world would have been a wonderful place where Gandhi, Mother Teresa, and Martin Luther King would not be the exceptions, but the norm. Unfortunately, we live in an imperfect world; where we need a
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  • WHAT THE OTHERS SAY
    • 245 10 ALMOST one year has passed since Finance Minister Dr Richard Hu announced at a seminar in Tokyo scheme to allow foreign stockbrokers to fully own a seat on the Stock Exchange of Singapore. Since then, there has not been any official word on this type of
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    • 91 10 A LOCAL newspaper recently reported two incidents that raised an important question about whether Singaporeans are uncaring. The first involved a 21-year-old woman who was in pain but found none willing to give her a helping hand. The second concerned a mother who tried unsuccessfully
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    • 117 10 MANY PEOPLE are unhappy about the Certificate of Entitlement (COE) bidding system as they see others who have no intention of buying cars bidding for the certificates at a high price and getting rid of them later at a profit. Such a scheme was not stopped in the
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  • REGIONAL VIEWPOINTS
    • 121 10 IN THAILAND, a law on the seizure of drug-relat-ed wealth has just gone into effect. The law empowers Thai drug suppression authorities to gather evidence, sometimes using covert means, to pin down major drug dealers supplying heroin to the international drug syndicates. Arresting drug couriers is
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    • 153 10 As rival political forces are locked in an intensifying tussle over which electoral system the country should adopt for the upcoming election, speculation is also growing over the choice of premier. Coming at a time when electoral ground rules have not been finalised and the
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    • 123 10 In past decades, Hongkong's governors never spelled out the criteria for Legislative Council appointments, though the selections were predictable. But Sir David Wilson has given notice of new ground rules by hinting that people with party affiliations should seek election, not appointment. The coming Legislative Council
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  • 845 10  -  Procter Gamble set out to plug a press leak and ended up on a witch-hunt. From New York, Martin Dickson questions the corporate culture that led P&G into a public relations disaster Martin Dickson FT MR Edwin Artzt is by all accounts a man who hates
    FT  -  845 words
  • Page 10 Advertisements
    • 156 10 DINE IN THE CUSTOM 1 OF THE MOGHULS. 1 With our North Indian Business Lunch, you can now dine in the splendour that the Moghuls were accustomed to. You see, we've put together some rather special regular and vegetarian selections that are designed to leave you sated, but without ■V
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  • Page 10 Miscellaneous
    • 56 10 Doonesbury by garry trudeau SO BASICALLY, BOOPS/E I MEAN I JUST THINK THE PAY HUE BOARPEP, (aJULi ywCH IS SAYING SHE BEUEV6P THERS U/ERE EXTENUATING MEO ANPI JUST POUND U&SH& AS YOU A YOUMAVPHERTWSr. OURSELVES IN A SITUATION HH pi AumON,AND U/E UJERB z HEtPMMTH USUAU* SEETT, BP* J ONTHISUJGRPCFUISe
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  • ANALYSIS
    • 1218 11  -  A three-day conference on the Sixth Malaysia Plan begins today in Kuala Lumpur. Drawing on earlier interviews with planners and private sector officials in KL and Penang, Economics Correspondent Kenneth James identifies issues and concerns likely to be highlighted Kenneth James MALAYSIAN think-tank
      Source: 1991 Survey by Federation of Malaysian  -  1,218 words
    • 1157 11  -  The business potential in Kazakhstan is enormous. But as Anna Teo discovers, some things need to be ironed out first Anna Teo Businessmen who come into developing economies like Kazakhstan enter with their eyes wide open, knowing their ventures could hit the bull's eye or end up
      Pictures by Yoong Choon Hwa (Lianhe Zaobao)  -  1,157 words
  • Page 11 Advertisements
    • 95 11 INVESTING IN NEW ZEALAND? Are you contemplating a property or business acquisition in New Zealand? Do you require investment andlor funding advice and assistance? f An executive director of our company will be in Singapore from Monday 30th September 1991 and will be available for consultation (without initial cost or
      95 words

  • INNOVATION & TECHNOLOGY
    • 366 12  -  Hewlett-Packard wants to increase the number of R&D staff in Singapore. Joseph Rajendran reports Joseph Rajendran HEWLETT-PACKARD (HP) hopes to increase sales and the number of R&D staff in Singapore. HP Singapore has increased its R&D staff by one-and-a-half tjpies between 1989 and 1991.
      366 words
    • 52 12 CHICAGO US Army specialist Chad Donahue emptying a heated "Meals, Heady to Eat" packet onto a plate after demonstrating the plastic package which acts as a flameless chemical stove. The device was one of R&D npgazine's 1991 award winning inventions announced last Thursday at Chicago's Museum of Science
      52 words
    • 652 12  -  S N Vasuki reports on Citicorp's investment in a Bombay software development unit S N Vasuki SANTA CRUZ is a suburb in Bombay, India's commercial capital, which houses the country's most successful electronics export processing zones. Companies located within this zone are allowed
      652 words
    • 726 12  -  'Multimedia' is one of today's catchwords. Kenneth James is hooked, and explains why J MATTERS Kenneth James GEORGE wants to check out the procedures necessary for a particular business venture; he quick-searches some 220 business resources and gets a printout
      726 words
    • 618 12 Reuter SCIENTISTS in Australia have developed a new battery they say is the world's most efficient. Vanadium redox cells store power indefinitely, can be charged as quickly as they are used up, deliver 50 per cent more power for half
      Reuter  -  618 words
  • Page 12 Advertisements
    • 339 12 I "If a building provides an excellent communiaition system, location, parking, facilities and maintenance, like the World Trade Center..." Manager Indonesia, Hongkong Bank Spend five minutes reading this ad and Jakarta's World Trade Center,developed and earn yourself your colleagues' lavish praise for managed by PT Jakarta Land. years to come.
      339 words

  • FOCUS
    • 622 13 World Bank's Annual Report World economy weighed down by effects of Gulf crisis Reuter THE global economy is being buffeted by grinding poverty, meteoric changes in eastern Europe and the Soviet Union and the lingering impact of the Gulf War, the
      Reuter  -  622 words
    • 220 13 Bernama Malaysia's economic success has two salient features achievements in poverty eradication and a remarkable adjustment effort in the early 1980s that cut back public spending and brought about macroeconomic stability, ex-change-rate alignment, and economic liberalisation. The fiscal year 1991 report covered July 1
      Bernama  -  220 words
    • 287 13 Bernama-Kyodo THE economies of Asia's developing nations have emerged with "near-term optimism" from the turbulence and disruption caused by the Gulf War, the World Bank said. It said that the rapidly industrialising middle-income economies of Asia sustained their growth momentum over the
      Bernama-Kyodo  -  287 words
  • Page 13 Advertisements
    • 676 13 With 5 Paper Paths, j Ton Can Now Switch Paper} At The Flip Of A Switch. h fafrd J V _#i yZI i /k jhhhh rv/> v^i Having to constantly make changes in means you'll have minimal paper jams and from Bto 32 points, never done before. Setting order to
      676 words

  • Page 14 Advertisements
    • 692 14 WHEH£ TO WHK, DIME AMD EHTERTAIH WHERf TO WIHE. OWE AMD EUTIIIHIM WHFflt Tn aim pffff ooimg&jf Mushrooms galore at Nutmegs! Specially flown in for this occasion, choose from morels, boletus, truffles, chanterelles, shltake. just to name afew. Our chefs are cooking up a storm with an irresistible menu. From
      692 words
  • Page 14 Miscellaneous
    • 548 14 ————|——————^Times, Tuesday September 24 1991 TELEVISION AND Skeletons in closets gggßF I ssmSL lssu_ TSSSSST 7aa mTmih 4 M *222?* Senada Seirama (L). 7.10 am, 9.25 am, 1.30pm, m b m rllSr^S 011 Dm T? (Co. med y>- 10.00 World Haws. 5.30pm, 3.25 am: Financial News Mum H 800 Chroaidos
      548 words

  • LIFESTYLE
    • 866 15  -  Prince Edward is one of many thousands of young people in Britain looking for work. Anne Senior looks at the plight of Queen Elizabeth ll's youngest son Anne Senior Reuter DWARD Windi sor, Cambridgeeducated theatre j executive and one-time marine cadet, seeks challenging position in drama
      Reuter  -  866 words
    • 500 15  -  Matt Wolf reports on the Royal Shakespeare Company's new playhouse Matt Wolf AP THE ROYAL Shakespeare Company has a new theatre and a new hit to go with it: a stage adaptation of The Blue Angel that almost banishes memories of Marlene Dietrich
      AP  -  500 words
    • 607 15 BRITAIN'S Princess Diana will make her longest official trip abroad without husband Prince Charles when she visits Pakistan this week. The Princess of Wales, whose husband is heir to the British throne, began the four-day trip yesterday, nearly a year after it was
      607 words
  • Page 15 Advertisements
    • 165 15 AND ENTERTAIN Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Every Monday to Saturday Happy Hours: 6 to 9 pm 'f* w (one for one special) SINGAPORE 16 Mwilrri H>. Singapore 1085 TfpHonr (86)732 1222 Top CANTO Pop Sing and dance to sizzling top
      165 words
    • 138 15 THE LIONER PORTABLE OVERHEAD j PROJECTOR Ideal for professional the LP-851 operates easily M any room condition give you clear and precise M H images. And to add to your convenience, M the light and compact LP-851 is portable V V in an attache case. M M Superior light output
      138 words

  • SPORTS
    • SIDELINES
      • 109 16 SINGAPORE The Supertennis Challenge, scheduled for Sep 27 and 28, has found a main sponsor at the last minute in Epson Singapore Private Limited, organiser Australian Sports Marketing announced yesterday evening. Epson Singapore has been a regular sponsor of other Australian Sports Marketing events,
        109 words
      • 118 16 CHEPSTOW, Wales Jose Maria Olazabal ignored blustery conditions to shoot a final-round 66 on Sunday and win the Epson Grand Prix of Europe by nine strokes over Ryder Cup teammate Mark James. Olazabal's five-under-par round gave him a score of 19-under 265 for the tournament
        118 words
      • 131 16 CENT, Washington Pat Bradley defeated Rosie Jones on the second extra hole of the Safeco Classic last Sunday to dlaim her third victory of the year and become the first lonian golfer to exceed US$4 million (Ss6.B million) in aareer earnings. Bradley carded an even-par
        131 words
      • 135 16 ALPHARETTA, Galveston Mike Hill shot a one-under-par 71 last Sunday to win the Nationwide Championship by one stroke over Tom Shaw for his fourth victory of the year and vaulted into the top spot on the senior tour money list. Hill, two shots behind
        135 words
      • 70 16 CAIRO, Egypt Algerian weightlifter Yehiawi Abdel-Mo-neim broke three records in the 67.5-kg division on Sunday and Tunisia's Senda Gharby won her third swimming gold, but host Egypt won 14 more medals to stay in front on the second day of the All-Africa Games. Algeria won
        70 words
    • 755 16 Davis Cup AP KANSAS CITY Andre Agassi, given the charge to save America's Davis Cup team, thrived on the pressure instead of choking under it on Sunday and finished off Germany to put the United States in the final against France. Agassi dumped
      AP  -  755 words
    • 288 16 AP KANSAS CITY Italian Omar Camporese outlasted Michael Tauson in a first set tie-breaker 7-5 on Sunday, and then routed his Danish opponent 6-1, 6-2 to send Italy back into the Davis Cup World Group for the next season. Camporese's victory gave the Italians
      AP  -  288 words
    • 226 16 Reuter ENDICOTT, New York Fred Couples heads iato this week's Ryder Cup with a victory under his belt after he won the US$BOO,OOO-BC Open golf touruament by three strokes with a 15-under-par 269 total on Sunday. M I played here to prepare myself for
      Reuter  -  226 words
  • Page 16 Advertisements
    • 1070 16 Supervisory Board 1990 rv~ R4KH/ A I Chakman: Dt Cteue Knetachhe I# M n\ una June 12. 1990: FUmI MHatry of Bnence nII ..iti ft r»li■ ■M 1 ■inolin ft nrmifcllii| 1 nul> BGWwMPB StfHiffllti WMMH NMCMHB Deutsche Uenossenscnsftsuonk «hc« June 12, rsso Managing Director, oeno—nechamcha WbNgang Grueger Zentrafcank AG
      1,070 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4792 17  -  By Carolyn Lim WITH THE Tokyo and Hongkong markets closed for the Autumnal Equinox Festival, markets on this side of the world ground almost to a halt yesterday. In Singapore, total turnover was a pittance at 16.66 million shares worth $35.32
      4,792 words

  • 3952 18 Main Board DBS Foreign 1230 +30 +2.5% OCBC Foreign 1030 20 2.0% SIA 200 1320 20 +1.5% Focal Finance 147 +18 +14.0% Jacks Int 158 +16 +11.3% FAN 845 +15 +1.8% Keppel Corpn 725 +15 +2.1% CAC 510 +14 +2.8% SIA 1320 +10 +0.8% SPH
    3,952 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4159 19 Bernama SHARE PRICES ended easier in Kuala Lumpur yesterday as investors continued to consolidate their positions due to a lack of positive indicators but selective bargainhunting activity managed to limit losses. In thin trading, the KLSE Composite Index eased 3.63 points to 520.57 while
      Bernama  -  4,159 words
  • Page 19 Advertisements
    • 104 19 _JL_y_S—LJLJLJj S TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734 ■•4982 This announcement appears aa a matter of record only. PT Unggul Indah Corporation U5550,000,000 Multi-Tranche Facility Arranger Chase Manhattan Asia Limited Lead Manager The Chase Manhattan Bank, N.A. Managers Banque National© de Paris United Overseas Bank Limited Westpac Panin Bank Credit Lyonnaie
      104 words
    • 316 19 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF JAVELIN TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS 0* rw nwrosn of ww abovenamed Company duly convened and held at 70 Robinson Road §27-00 CPF as fvatsssffstr. tie Resolutions aat out below were
      316 words

  • BT SHARE INFORMATION SERVICE
    • 164 20 Cwapaay Data Yaar Croap Nat Nat aamtags Grass aaa ta praflt/lass (L) par skara divMand (000) (cants) Km Eng Sep 11 Mar 91 $9.063($13,457) 4.1(6.1) 6(5) Johan HMgs Sep 5 Jan 91 MS9.949L ($791L) The H Glass Sep 6 Mar 91 $5.848($7.379) 9 75(12 3) 5(5) Gf>8 Sep
      164 words
    • 218 20 CM»My Data Yaar Groap pretax Net Mmiiigs Grass ana to prom/lots (L) par sfcara 4Mdaa4 ('000) (cants) First Capital Sep 20 Jun 91 511.436(519.147) 5.4(7.2) 1(1) Pentex Sep 20 Jun 91 51,842(55.561) 2.9(7.6) 6TE(12TE) UAC Sep 17 Jun 91 M523.294(520,781) 28.4(24 1) 25(20) Material H Sep 16 Jun
      218 words
    • 569 20 Ctnfuy tote Hilf-yur Cray pre-tax Intel in mm to prrilt/lMS (L) dhridMd ('MO) Acma Sep 20 Jun 91 $6.*****.195) 5TE(5TE) Sun Corpn Sep 20 Jun 91 J1501($2091) JSH Sep 19 Jun 91 US$194.200($202,000) 70(28 2) V Plantations Sep 19 Jun 91 M$45l($683) JMH Sep 18 Jun 91 US$271,800($279,600)
      569 words
    • 523 20 Sep 23 Eu Van Sang has signed a loan agreement to raise $100 m, arranged by Morgan Grenfe* Asia. Sep 20 City Developments Ltd and the local subsidiary of Japan's Marubeni Corporation have formed a joint venture. Spring Grove Development Pte Ltd, to develop the former US Ambassador's
      523 words
    • 1088 20 CwTMt Ex Mu Date Tatai far TMM tar paymaat date daM payaMa tfea y*ar last yar Kan 5«TE(I) Oct 21 Oct 31 Nov 15 5%TE 10%TE Mn (Hp 50c 6%(b) Sep 4 Sep 16 Sep 30 6* 6% AMDS 50c 3.5% (b) Sep 13 Sep 27 Oct 25
      1,088 words
    • 901 20 Meat w it 23.0M1 Cwwnlw tarms Prmtmtf Expiry opttcMf** *sr Company (art Wrts Share Laaa Cam Exar Lattk Cask Cask, Laaa Gaariag, Data Mtha stack ratio prlca aaa 1 Stk, Laft yah* Bun*# 115.2 0.200 0 660 1.00 1.00 82 3.30 30/06/94 33 c*c Wt 37.5
      901 words
    • 341 20 Mai" Board Last FuN Ymr Canpany Parted Date Tnr Net EPS Grow Net annewcad n*i| (canls) to pre* tot r*» (TIN) Caratoa Wenm Apr 27 M 91 12.6 20.0TE(a) 38.911 Tan| Mm| Interim Aug 2 Ok 91 4.8 5.0 385 Nm Mane Intenm Sep 7 Ok 91 6.5
      341 words
    • 107 20 Company Rights Issue Samandi Wp One-tor-two MJ180 per start Ei-date Jul 30 Books dose: Aug 14 Acceptance Payment: Sep 25 T«t I* fiaance 0*-ter-one JlfiO per sftert Ex-date Au| 21 Books dose: Sep 2 Acceptance 1 Payment; Oct 8 Company Bonus Issue HTP Hdp One-tor-two Ex-date Oct 11
      107 words
    • 563 20 Cw—ny HtHt» bmi Ma P* Lawd One-tor-two g XS065 per stare "■a T«h One-tor-one g $1.00 per share Mm Issue of $90 978m nonanal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45.489m detachable warrants on the bass of $2 nonanal amount of Bonds tor every three
      563 words
    • 720 20 BONDS, LOANS WARRANTS Cimu) Cwwmw pwtei CwwHw frnw ter iifcaj Bdwt 30/6/9* 1 warrant plus HR>100 cash CMW Before 26/4/93 I warrant plus 53 09 cash Ciawi) Loan Caaeaay Nt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus $0.77 nominal amount of loan stock. Chuan
      720 words
    • 391 20 Berjaya Corpn (M) Bhd: EGM at Bukit Kara International Equestrian and Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, ***** Kuaia Lumpur on Tuesday, Sep 24, at 10am. Wr-faciic Industrie Group Bhd: EGM at Bukit Kiara international Equestrian and Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, *****
      391 words
    • 167 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h*t 1333 08 (3/6/91) 1991 htfc 1565.58 (3/6/91) 1991 Imt 1022.52 (16/1/91) 1991 Inr 1149.08 (16/1/91) 1990 l*t 1435.43 (16/7/90) 1990 b*c 1607.12 (27/3/90) 1990 Imt 961.07 (09/11/90) 1990 Inr 1079.50 (11/10/90) 1909 l*t 1322.00 (28/12/89) 1909 1487 76 (26/12/89)
      167 words
  • Page 20 Advertisements

  • 1654 21 The Tokyo stock market was closed yesterday for a natnal holiday. Listed below are last Friday's closing prices. vol Sep 20 Yen Hi«h Low (TOO) Ajinomoto 1550 20 1620 1550 1491 Akai 1110 -10 All Nippon Airways 1430 20 1450 1410 1080 Asahi Breweries 1240 10 1240
    1,654 words
  • 1681 21 The Hongkong stock market was closed yesterday for the MkMumn Festival public holiday. Listed below are last Friday's -■""j-g prices. Vol S*» HK$ High lam fMO) Allied Ppt W93 0.62 .020 0.62 0.61 202 Allied Ppt 1.15 unch 1.16 1.15 267 Amoy Properties 4.775 .075 4.80
    1,681 words
  • Page 21 Advertisements
    • 9 21 Managers Must Manage BT shows you how every Monday
      9 words
    • 190 21 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 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 foreign experts to
      190 words

  • REGIONAL STOCK MARKETS
    • Aussie stocks end firmer after takeover play
      • 995 22 AUSTRALIAN SHARES clung to early gains to close slightly firmer yesterday after a day dominated by takeover-in-spired trade and company profit results. .BTR Nylex tumbled six cents to a seven-month low of A 52.61 as the market reacted badly to news that it may become involved in the £1.5
        995 words
      • 755 22 THAI share prices ended mostly lower in quiet trading yesterday though textiles and other second-liners chalked up gains against the overall trend, brokers said. "I don't know what happened. The market did not perform as well as we had expected," said Chutchaval Thanvarachon, senior sales executive at Ekachart Finance
        755 words
      • 667 22 THE Jakarta stock exchange index lost another 1.75 points yesterday, but its favoured shares showed signs of reviving for the first time in a week, brokers said. The index dropped to 253.09 on a turnover of 2.73 million shares. Market favourite Astra International staged a small recovery after a
        667 words
      • 578 22 SHARE PRICES rose across the board in slow trade in Manila yesterday after the selling wave caused by the bitter debate over the bases issue eased. TManila Stock Exchange composite itx rose 7.47 points to close at 912." "With lack of any news, shares are ♦ected to hover at
        578 words
      • 262 22 SHARES in New Zealand yesterday turned their backs on firm performances by London and New York bourses to end sharply lower on sentiment rather than on any bad news in particular, brokers said. The NZSE-40 capital index was off 23.76 points to 1,378.85 with most stocks down a
        262 words
      • 85 22 THE Bombay Stock Exchange (BSE) was closed yesterday for a Muslim holiday. Trading resumes today. Last Friday, the BSE index fell 43.18 points, or 2.30 per cent, to 1,833.44. The national index dropped 16.56, or 1.85 per cent, to 878.58. Brokers said the setback was a technical correction after
        85 words
      • 1439 22 Clow Proton Sep 23 AUSTRALIA All Ordinaries Index 1561.9 1561.7 +0.2 All Industrials Index 2406.2 2410.7 -4.3 All Resources Index 915.0 911.7 +3.3 Turnover (million) 70 112.47 -42.47 BAHCKOft SET Index 704.84 712.50 -7.66 Turnover (billion baht) I.S5 2.11 -0.26 JAKARTA Composite Index 253.09 254.84 -1.75 MAMLA Composite Index 912.75
        1,439 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 586 23 REPORTS Sydney: The Australian dollar closed near its highs for the day on moderate local support and should push through US$O.BO offshore tonight, dealers said. "There were a few local buyers buying it up and the (US) dollar's come off a bit as well," said one
      586 words
    • 475 23 Reuter BONN South Africa has made a vigorous comeback after six years' exile from international markets with an attractive five-year mark bond which promises to be a harbinger of many more issues. Lead manager Deutsche Bank AG said last week that South Africa was launching
      Reuter  -  475 words
    • 386 23 Cross rates USS SS MS Dm Yen SFr AS NZS USS 1.6915 2.7495 1.6815 134.15 0.5764 1.4685 1.2547 1.7079 SS 0.5912 1.6255 0.9941 79.3083 0.3407 0.8682 0.7418 1.0097 MS 0.3637 0.6200 0.6116 48.7907 0.2096 0.5341 0.4563 0.6212 Dm 0.5947 1.0059 1.6351 79.78 0.3428 0.8733 0.7462 1.0157 Yen
      386 words
    • 526 23 Interbank rates SS Bid Offer Overnight 4 7/8 5 1-month 4 7/8 5 2-month 4 7/8 5 3-month 4 7/8 5 Overnight mode: 5-1/16 USS Bid Offer 7 days 5 5/8 5 3/4 1 month 5 1/2 5 5/8 2 months 5 7/16 5 9/16 3 months 5
      526 words
    • 468 23 Reuter TOKYO Japanese investors who once thought the Tokyo stock market's euphoric rise would never end now face billions of yen in losses from index-linked bonds, analysts say. Euroyen bonds linked to the Nikkei 225-stock average index promised big profits during the Tokyo
      Reuter  -  468 words
    • 181 23 Reuter SYDNEY Australian Prime Minister Bob Hawke said the government will not be returning to a regulated Australian currency and would not be "changing the fundamentals of how we conduct the exchange rate policy". Mr Hawke said the government had floated the
      Reuter  -  181 words
    • 1013 23 SIMEX UKOOOLLM Open High Low Sett Eat Vol Op/Int Vol Dec 91 94.16 94.19 94J8 2382 ***** 3692 94.17 Mar 92 94.22 94.23 94.21 94.24 1517 ***** I8S6 Jun 92 93.98 94.01 93.98 94.00 384 3198 887 Sep 92 93.62 93.62 93.61 93.62 178 1733 337 Dec 92
      1,013 words
  • Page 23 Advertisements

  • COMMODITIES
    • 275 24  -  By Quak Hiang Whai SINGAPORE The New York Mercantile Exchange (Nymex) said it will launch its own version of electronic after-hours trading next year. In an interview with BT yesterday, Dr Robert Davis, Nymex's senior vice-presi-dent for planning and development said the exchange
      275 words
    • 386 24 But analysts say status quo likely to be maintained AP BRUSSELS Opec nations are headed for a tussle this week over whether to keep oil production gushing during the winter months or cut back some to try to nudge crude prices higher. Ministers of
      AP  -  386 words
    • 564 24 REPORTS KUALA LUMPUR: The price of tin on the Kuala Lumpur Tin Market settled 13 sen easier at $14.87 per kg yesterday, the lowest since mid-April this year, on heavy selling pressure in line with the sharp drop on the LME
      564 words
    • 185 24 Reuter RIO DE JANEIRO The Amazon state of Rondonia will allow a gradual return to mining operations at the huge Bom Future tin mine this week after reaching an agreement with miners on protecting the environment. The accord was signed last
      Reuter  -  185 words
  • 1345 24 KUDOer Sep 23 MU (M ta Mm) S cents/kg Noon Ooae (Ml RSS Prompt I34.2VI35.25N I34.2VI35.25N Int 1 RSS Oct 91 I3S.2VI33.7S I3S.2VI33.73 Int 1 RSS Nov 137.0CVI37.30 137.00/137.30 Int 2 RSS OP 133.00/137.00N 135.00/I37.00N Int 3 RSS OP 134.30/136. SON 134. SO/136. SON Int 4 RSS OP 130.00/132.00N
    1,345 words
  • Page 24 Advertisements
    • 694 24 _i_B USINESS TIMES' THLBPHOWB; 730-5771/5772/5773 PAX: 734-4912 OCEAMCA SHPWNO PTE LTD (In MomberaT VolmKary Liquidation) NOTICE OF FMAL MEETMQ NOTICE IS HEREBY GIVEN twt pursuant to Section 306 of tw Companies Act. Cap. 50 .the Final Meeting of tha "•Company wtt ba held on tw 24th day of October 1901
      694 words
    • 6 24 Innovation Technology in BT every Tuesday
      6 words

  • 1130 25 cay ™gM ETA n* rn> MMMHM GA893 1025 GA892 0110 AMaMa SQ228 2000 QF82 2200 kmmm RJ183 0030 Aawtarriaai GA893 1025 SQ24 0100 KL837 12S5 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 Aocttaatf NZ35 1550 NZ36 ■H MMajaa GA525/ 910 1755 i SQI81 1410 SQ182
    1,130 words
  • THE TRAVEL PAGE
    • 596 25  -  NOTES FROM ALL OVER By Arnold Wilson SEPTEMBER and we are up to our knees in a blizzard of ski brochures. Heavy falls have been reported at brochure launches all over London. In my office, I am ploughing through drifts. If only snow were as predictable.
      596 words
    • 152 25 At at 3pm yttntUy. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3445 1.3559 Canadian dollar 1.4746 1.4970 NZ dollar 0.9803 0.9998 Sterling pound 2.9271 2.9521 US dollar 1.6880 1.6930 Local toltara to 100 uks of fareigM tunny Austrian schilling 14.17 14.38
      152 words
    • 97 25 Duration Title Venue Orpmaer Td Duration Title Venue Organiser Td Sep 19-29 Zurich Autumn Zurich ZUSPA ********** Sep 23-27 International Stockholm Stockhoismassan 46*~4<M100 Leather Show for Thurgauerstrasse Trade Fair for Sweden AB Household. Home. Data Office Sport and Fashion Environment with Sep 21-24 International Paris Semaine **********9
      97 words
  • Page 25 Advertisements
    • 49 25 Ronald youll relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Barope from start to Flaniah. Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times.
      49 words
    • 68 25 ipfk When Billy grows up, where will he work? In the year 2010, Billy Ker, now three years old, will not be working in the same environment as today's workforce. He will be going to a new downtown. And to new regional centres (mini- cities). We take you on on
      68 words
  • Page 25 Miscellaneous
    • 270 25 ACROSS K —jmm —bk —K ——K —-mmm 7 Part of the plans for pro- PLJH_JLJH_P^^HLJLJr motion (9) Y j I I T I I I j 8 He sculpted a man em- ■■'"'"■■r'' ■■T' Ibb" '■■^rßßi a girl 10 Short of cash in inn, I'd get thrown out (8) I
      270 words
    • 212 25 Singapore Outlook: Showers over may areas ia the late morning and earty afternoon. Report Maximum temperature 31.4 Assoc humidity 71% Minimum temperature 25.0 Assoc humidity. 98% Hours of sunshine 2.50 Rainfall in mm Trace Rainfall this month 109.4 Rainy days this month 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/13
      212 words
    • 25 25 vve.w Et-pfwe BLAST f stGH/ QVJITE. flVE OMa<: P\U- GOOD THINGS ft ueeK... MJ?eADY.. carvs-To end.... BROUGHT IH6. HOUSE. A -O Oou*J UNTW MY SNAPS...
      25 words

  • 396 26 Recovery seen as 'abnormally slow' AP WASHINGTON Most private analysts believe the US can avoid a new recession in the next year in spite of lingering weakness in the economy, according to a survey released yesterday. "When asked if they thought there
    AP  -  396 words
  • 159 26 AP WASHINGTON US President George Bush, in his speech before the UN General Assembly in New York yesterday, was expected to prod the assembly to disavow its 1975 resolution that equated Zionism with racism. He was also expected to reaffirm US
    AP  -  159 words
  • 247 26  -  By Hong Leo Tiam SINGAPORE Kuwait Asia Bank said yesterday it would close its operations in Singapore within three to six months. In a statement to BT, the bank's general manager, Michael Lim, said the move would enable the bank owned 88
    247 words
  • 279 26  -  By Joseph Rajendran SINGAPORE More problems may be brewing at disk drive maker Seagate Technology Inc, which has major operations here, with the sudden resignation of its president and chief operating officer David T Mitchell. A terse announcement from headquarters in California said that
    279 words
  • 345 26  -  By S N Vasuki SINGAPORE The centre of economic gravity is clearly shifting from the Atlantic to the Pacific, according to international management adviser and best-selling author John Naisbitt. Mr Naisbitt, author of Megatrends and Megatrends 2000, said the Pacific Rim economy
    345 words
  • 298 26  -  By Harish Mehta SINGAPORE The economic success of countries in the region is due to the security and stability they enjoy, and because they are not prospering at the expense of one other, in the view of British Secretary of State for
    298 words
  • 718 26  -  The Bottom Line ALAN BUNDER ALAN BUNDER The writer is a professor of economics at Princeton University in the US. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill. Inc. All rights reserved. WESTERN OBSERVERS marvelling at Japan's economic success have long
    718 words
  • 210 26 Reuter MOSCOW Leading Soviet reformers said yesterday that the conservatives were preparing a counter-attack after the failed coup last month and warned the country was facing a catastrophe if radical reforms were not started immediately. Former foreign minister Eduard Shevardnadze, Moscow mayor Gavriil Popov, and leading economist
    Reuter  -  210 words
  • Page 26 Advertisements
    • 98 26 JL_ Baume Mercier GENEVE 1830 cSUnefodiwer 70 Anson Road 28-Storey FREEHOLD Office Building TFOR SALE BY STRATA I I. 20 levels of strata office space totalling 8,390.93 sq m(90,320 sq ft). Strategical located at the junction of Anson Road and Enggor Street In the immediate vicinity of major prestigious buikings
      98 words
    • 9 26 US rebound not as strong as hoped, Pg 9
      9 words
    • 190 26 Baume Mercier GENEVE 1830 whcn you refiner now for a weight-loss and inch-lots programme at no extra cost Results are Ivk ml I gu,u eed |Lm Th" scientific computerised lest will indicale ill Mite I exactly your body fat percentage, lean (muscle) '1M i body weight, basal metabolic rale, the
      190 words

  • Shipping Times
    • 371 27  -  By Dexter Lee SINGAPORE Unlike the US, where companies are reeling from telephone fraud of epidemic proportions, Singapore has proven to be relatively safe. Mr Sin Hang Boon, Singapore Telecom vice-president for business communications, told BT that other than the occasional case of lost
      371 words
    • 228 27 AFP ZAGREB, Yugoslavia, The Yugoslav Navy last Sunday lifted a blockade of Split and of two other Croatian ports that it imposed last Tuesday, Croatian media reported. The news agency HINA said that the blockade of Split was lifted at the same time as local
      AFP  -  228 words
    • 156 27 AFP KUWAIT Kuwait last Sunday sent its first shipment of crude oil to Japan since the Iraqi invasion of the emirate in August 1990, officials here said. A tanker left Kuwait with a load of almost one million barrels of oil. It was the
      AFP  -  156 words
    • 290 27 UPI TOKYO Aircraft manufacturer Boeing has sent a team to Japan to join a Transport Ministry investigation of a Northwest Airlines jumbo jet engine fire, officials said yesterday. The fire sparked panic among passengers with 45 injured while sliding down evacuation chutes.
      UPI  -  290 words
    • 914 27 Page Col ABC Containerize 12 1 Aeropak 18 3 Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8
      914 words
    • 296 27  -  By Dexter Lee SINGAPORE UK-based container lessor Leasing Partners International (LPI) has merged its operations with the non-US operations of the subsidiary it acquired last year, Intermodal Equipment Associates (IEA), to form Cronos Containers. The merger was announced yesterday in Berkshire, England, following a
      296 words
    • 353 27 Sibcon '91 Reuter SINGAPORE Prices for bunker fuel oil are expected to rise in coming years on the world's growing concern for the environment, while uncertainties about Soviet oil production will remain a wild card in long-term supply, bunker suppliers and users said at
      Reuter  -  353 words
    • NEWS SUMMARY
      • 37 27 SINGAPORE Shipbuilding Engineering, long known for its expertise in the construction of navy and other government vessels, is fast making a name for itself as a builder of civilian boats Page 2
        37 words
      • 63 27 AIRBUS Industrie, the fournation European consortium of aircraft manufacturers, has brought its plans for a large carrier one step further. This year-end, it will begin a feasibility study with 12 airlines. Airbus plans to develop a new tK Illlj UUUIU ui.ug Airbus in
        63 words
      • 40 27 LIBYA last Sunday strongly denied involvement in the 1989 terrorist bombing of a French airliner that killed 170 people, and lashed out at such accusations as a "ferocious campaign" against it Back Page
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      • 43 27 AN ageing Soviet biplane making a commemorative flight from Berlin to Sydney crashed at the weekend on the Indonesian island of Lombok, seriously injuring two Germans and two Hungarians aboard, a hospital spokeswoman said yesterday Back Page
        43 words
    • LOG BOOK
      • 52 28 ISLAMABAD Pakistan's first private sector cargo airline will start operating services to five European destinations next month, its managing director said on Saturday. Mr Umar Farooq said that the carrier, Shaheen Airlines, will operate cargo flights from Karachi to Belgium, Switzerland, Germany, Czechoslovakia
        52 words
      • 66 28 KARACHI Karachi airport, Pakistan's biggest, was closed for five hours on Saturday after a Pakistan International in' 11 P' ane belly-landed on the main runway. Several flints were cancelled or diverted from Karachi after the JrIA Fokker aircraft flopped down during a training flight. Ine P'ane
        66 words
      • 63 28 t lree US carriers have expressed interest in buying the Trump Shuttle, The Boston Globe quoted New SukT ve l oper Donald Trump as saying. A week after talks with Northwest Airlines fell apart, AMR Corp, the parent of American Airlines, United Airlines parent UAL
        63 words
      • 94 28 IJIUIUK llll A W be built at Spata, northeast of Athens, by 1996, Deputy Prime Minister Tzannis Tzannetakis announced on Saturday. The groups are Bouygues of France, British Aerospace, British Airports Authority, Ferrostaal, Hochtief of Germany, International Airports Consortium, Lockheed Air Terminal, Paxport Inc
        94 words
      • 104 28 BILBAO, Spain, A shipyard here has put delivery of three vessels ordered by the Soviet Union on hold until it receives payment of 1.76 billion pesetas (SS29 million). The money is to be paid to the Astilleros Reunidos del Nervion shipyard following an agreement last
        104 words
      • 56 28 BEIJING Air China will begin flights from Beijing to the Egyptian capital of Cairo on Oct 8, the official Xinhua news agency said on Saturday. The weekly flight via Dubai is to be the national Chinese airline's third to an Arab country It already
        56 words
      • 36 28 COLOMBO An Indian national was arrested on Saturday XtJJXiSRV 6 leizI eiz r ed 21 5 kg.of gold worth U*****,000 at Sri Lanka s main international airport, stateradio here said.
        36 words
    • 1584 28  -  Singapore Shipbuilding Engineering (SSE) is no longer taking only military orders. It is finding civilian business just as lucrative, reports Rahita Elias Rahita Elias SINGAPORE Shipbuilding Engineering (SSE), long known for its expertise in the construction of navy and other government vessels, is fast making
      1,584 words
    • 717 28 ATTENTION in the dry cargo market on Friday has shifted to Capesize vessels, following a spate of firm Panamax timecharter fixings earlier last week brokers said. One ship attracted a rate of up to U5519,500 daily for an early October trip from the Continent to Japan via US
      717 words
    • 10189 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,189 words
    • 3289 41 Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkrb Business Corporatioa Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service Frata Shpg Pte Ltd (S). Alfred C Toepfer Line: Oceanus
      3,289 words
    • 248 41 Abacas Coariers Td: 545-8011. Fix: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Akborae Freight Corporation Td: 542-8844. Fix: *****16, *****80. AirswiJt Worldwide Coarier Td: 278-0188. Fax: *****83. AJS juplk i Td: 748-6322 (2 lines), 747-7421. Fix: *****75. City-Liak lateraatioaal Td: 344-3377. Fix: *****50. Chmter Link Sappttcs A
      248 words
    • 1523 41 Abex Express Freight Td: 542-7171. Fix: *****84. Actinic Forwarder Td: 225-1833. Fix: *****42. Activair Singapore Tel: 542-7812: Fax: *****20. Aerotiak Freight International Td: 545-8031 Fax: *****05. Td:"542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraational Td: 542-7666. Fax: *****74. *****50. Air Market Express
      1,523 words
    • 1126 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young THE SLIGHTLY softer dry cargo spot market is not tempering the interest of the vast majority of the potential buyers with many inspections of all types currently being carried out although notice some reluctance to pay higher than
      The information was contributed by Simpson Spence & Young  -  1,126 words
    • 559 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      559 words
    • 411 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA ETD Ports of Calls Port Agent sep 25 25 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 26 26 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 28 28 Andaman Princess 0800 1300 Cruise-to-N'owhere Lines Int. Hldg 29 29 Orient Sun
      411 words
    • SHIPS IN PORT
      • 464 43 Arm* Pepartat »«m( toy No Barth km* Dapartrt Srst 1 s ss: "s est*- Beta 05/91 MO SS 24 09 200 0una| 09/91 16 24 09/0500 BtnBahagu *****1 M02 24 09/2300 Hung 12 ato "P* 24 09/1300 Htem L Aung 001 M05 alongside 24 09/2300 J*® 21/91
        464 words
      • 225 43 aHHH c rOn Berth 1: Geniki; 2: nil; 3: Shoo Shan; 4: nil; 5: Rainbow Splendor; 6: Sea Lady. 01 jetty: Stolt Surf. Global Jupiter. DCJ: Proceed. toe an Sept 23: Clipperventure L, Subur, Nur Marina, Lindesnes, Juta Jaya, Bunga Gelang, Barge Josmdo Satu. ft* on Sept
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      • 926 43 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO cm. u H*ord Booking/Balance Rjfts S* Voy No Etb/Btr Period From To Fran 5W 25/1500 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 Lotus 17A 25/0930 1 23/1500 23/1659 23/1900 2_ 23/1700 24/0659 24/0900 Aka Bhum 109S 24/1730 1 23/1500
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    • 690 44  -  Airbus Industrie has plans to expand its fleet, and perhaps challenge Boeing in the area of high capacity carriers, reports Claire Leow who visited its headquarters in Toulouse, France, recently Claire Leow AIRBUS INDUSTRIE, the four-nation European consortium of aircraft manufacturers, has brought
      690 words
    • 164 44 Reuter JAKARTA An ageing Soviet biplane making a commemorative flight from Berlin to Sydney crashed at the weekend on the Indonesian island of Lombok, seriously injuring two Germans and two Hungarians aboard, a hospital spokeswoman said yesterday. "They are suffering from burns. Looking at
      Reuter  -  164 words
    • 316 44 AFP NICOSIA Libya last Sunday strongly denied involvement in the 1989 terrorist bombing of a French airliner that killed 170 people, and lashed out at such accusations as a "ferocious campaign" against it. The official Libyan news agency JANA, monitored here, also
      AFP  -  316 words
  • Page 27 Advertisements
    • 22 27 Ums aad Mrvlc«« r*pr*M«t«d Mialiri «f tIM lUftstry «f Accredited ™«8 WWOJUW. /•'or culvertisinx enquiries, contact Shipping I inure let 740- 21X19/740-2090.
      22 words
    • 231 27 IBKSBi\ i* 4 j HBSBT MdlyidrJdj The Straits Times Wfeekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy,investment opportunities,appointments... And snippets on Malaysia and A convenient tabloid delivered to youeveryweek, whereever you may be. Subscribe now. Andbeintouch. ijieStraitsThpes Making an issue of the major news i
      231 words
    • 49 27 Ar Forwarder 15 Ar Frajht Schedule 16 Container Schedule 17 Couner Services 15 Cruse I Ferry Schedules 16 Daly Freights 2 Index to Advertisers 1 Slipping Agents 15 Srtppmg Gude 10.11 Shpsales/Tarfcer Rates 16 Slaps in Port 17 Smgapore Tidel 17 Transport Oory 3 Weather and Sea Condrtnns 17
      49 words

  • Page 28 Advertisements
    • 98 28 0 1/ could be a controversial deal between two stock "n market stars, a thought-provoking report by i i university researchers on the latest trans-European [TySy x merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is
      98 words

  • Page 29 Advertisements
    • 1788 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *1IV#» TEL: *****11 FAX *****09 lllff/ BOOKINGS TEL: *****34/*****58 ■lllilM W TERMINAUCFS TEL: *****18 220 I^CDAAAFI pesaka jaroine shipping agencies son. bho L vCCuf J PORT KELANG TEL: *****18 FAX: *****91 *****88 Z~—7 —7- PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 SSSS
      1,788 words
    • 1836 29 TRANSPORT DIARY s*l* Seminar on Marine Insurance in Carrier's an Shippers Perspectives, organised bv Facs World at Carlto Hotel. Oct 10 (J 2.15pm-2.30pm): Luncheon Talk on "Oil Pollution organised bv Singapore National Shipping Association at th £VV^F ub V For ,C urthCT de,ails P'ease coma* SNSA at tel: 273-3574 or
      1,836 words
    • 887 29 rai.UJj L-l!JIUIJ. TWO SAILINGS TO EUROPE REGINA MAERSK V9TI2 ETA SIN 25/9/91 TABLE BAY V 0560 ETA SIN 28/9/91 Voy ETA ETO Feeder by Singapore Merkur Delta DESTINATIONS a- I to a- lie Mette MwHi 9106 cy i/io oeoo HRS Porl CFS 30/9 2359 HRS K %ng P«ienfl METTE MAERSK
      887 words

  • Page 30 Advertisements
    • 871 30 ROTTEDAM/i -urn VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE FRANKFURT EXPRESS M/ 337 24/9 11/10 13/10 16/10 iTTio fIUSBI DRESDEN EXPRESS 01/338 29/9 16/10 18/10 21/10 22/10 ITTOMt KASUOA 1 17/138 1/10 24/10 20/10 19/10 KAMAKURA 19/139 4/10 26/10 22/10 21/10 ALL VEtTKOUNO P MONTE ROSA 15/339 6/10
      871 words
    • 755 30 SEASPAC SERVICE DWECT SOUTH PACIFIC SfßVttF COPIAPO 2601E8 S v,o 22/10 £710 *PU° 1 C^ P UAIOAF* RGO WA SUVA T0 LM,TOM Mo p *6o. DWECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX COPIAPO 2601E8 5/10 9/11 10/11 16/11 17/11 ALSO ACCEPTOR CARGO TO ARK A. SAW ANTOMO
      755 words
    • 1233 30 gflroiaaiA m» REGULAR MOEPENOENT FULL CONTAMER SERVICE WESTBGund tdh EUROPE i VSL/WOY ALG BCL HAM K FEL ROT ART UM (VIA (MA (VM uno.c. ALG) MM) ROT) JoSSI SSitLi 2 /1# 22/10 24/10 20/10 25/10 20/10 17/10 EKX SKKK^; 3 /10 31/10 03/11 05/11 05/11 00/11 7/ M/ii EiS 1
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  • Page 31 Advertisements
    • 1576 31 j[gS tea mere Maritime Holdings Ltd P&O I pnw STRAITS SHIPPING TO* Containers HI "i M #,W h. *Nt t»i HON* wa» <112 n/Mi2/na/H »/w it/it 13/10 14/10 it/10 carco TAOU MT MM 25/09 22/09 29/09 15/10 17/10 19/10 STRAITS STAR VICE Stan 10 Taw 24 S«o *X_ »7 (v.
      1,576 words
    • 2173 31 ■VP KUSfw k i ill m ti s ■a\"J k I fii 1 1% J L" TO: i ttttEl/WT OAR IGN CM FOB QA> WW NTC WKi/Wt Wt W m en L6i on CHOTANG aon 1F134 70/0 73/10 75/10 J/11 S/ll 0/11 10/11 11/11 HONGKONG KIM TOO Mill 7/i iTi
      2,173 words
    • 342 31 SEiiiil STRAITS/ JAPAN/ STRAITS SERVICE LOADING FPU TOKYn/FllHAimifll AMBALIKA V»4 N.B. ETA SPORE 5/11/11 ETA PK 1/10/J1 ETA OSAKA 21/11/91 ETA NAGOYA IS/18/B1 ETA TOKYO/FUNABASHI M/18/B1 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE H PI M CI reiw* m nn l/w u/io it/i< v/u •Mm ok EX. A
      342 words

  • Page 32 Advertisements
    • 605 32 slttiill CR NBR *****(*****-0 EXPIESS SEMI-CQNTAINERSHIP SERVICE TO EUROPE Wl/¥OY ISTOK ROAM/M) AM H'BUKG BREMEN ANTWERP MATAJMM/30N6 11/10 12/11 17/11 21/11 23/11 FAST TRANSIT TIME ACCEPTMO BREAKBULK/CONTAMERISEO CARGO Sutofoct to indycofimvt Alto ACc#ptlfiQ ciry? lo BOBfcOMim. Port Said, Port Aloundrta, Ganoa. Trlaata. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S
      605 words
    • 851 32 16?) V HANJIN SHIPPING ItUNM KifMUMC 0M» ?I^, n S V m rtEDOI ttl SM LME HAUL IGB OAK HANM ?/in 94/ In if/ S «{S 2 JK!® 1/10 HAHJW SEATTLE 020 C 24/0 OKCT 14/10 17/10 hmm if/ 2? w£ V,? *J, 21 J\° 28/10 "A"* NX 1/10 MECT
      851 words
    • 56 32 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS St OPERATORS OP CARGO VESSEL, TUGS ft BARGES SPECIALISE IN HEAVY-LIFT, PROJECT CARGOES TO ALL INDONESIA. MALAYSIA. THAILAND, PHUPINB PORTS. OFFER CHARTERING OF OUR CARGO VESSBL, TUGS A BARGES. TEL: *****26 FAX: *****63
      56 words
    • 1186 32 =k! J =1-1 rJ I-A.■ J ■■IBUMMlHMliiMHAßHHMkyikllHlillißikßliilßillillilßßßl I mviuisiuiuKininMinouicNiH arcuw n w ms m om m. w ■< 15 j? 1 1 h**" v u vit 7/n t/io 11/11 ii/u u/ii u/m a/it i/u i/ii M/ii li/ii a/ii a/ii a/ii a/n vu ivu ivu ii/u 11££«•??« V l .VA*. vw
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  • Page 33 Advertisements
    • 1217 33 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 B AUST/INDIA/PAKSERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 •WPP m NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.
      1,217 words
    • 506 33 [ANjjwjP 28/9 I IKAOHSIUNG 26/9 I ICOLOMBO 2S/9~~ K2KL 28/9 BOMBAY 21/9 HAMBURG 28/9 KEELUNG 26/9 KARACHI 78/9 ppn*«^ »i? ND()N ?2/2 KON G 28/9 MADRAS 28/9 FELIXSTOWE 29/9 CHITTAGONG 27/9 GENOA 28/9 MANILA 27/9 CALCUTTA 28/9 MARSEILLES 28/9 27/Q ROTTERDAM 28/9 BUS N 27/9 BANGKOK 29/9 JAKARTA 30/9 SYDNEY
      506 words
    • 990 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUP—OBCHMfING WESTBOUPC-lOADWG TWBWfED W WOTTHPOII ttteii wr Im **c wor Isw Ina Ihbg Tbh* pS rim
      990 words

  • Page 34 Advertisements
    • 1333 34 KW ff (CR No: **********0 M) V W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD i M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I JL WL. MmA A MIJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD ■■■I ITAWACAiri VTCCKT ITATCUA 7T!T TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1.
      1,333 words
    • 1140 34 PHIU-OMCNT UN€5 PT€ LTD X 108 Robinson Road #07-00 GMG Building Singapore 0106 I T«J: *****22/*****69/*****00 Totex: RS ***** PHJU FAX: *****78/*****38 I BY AIR, LAND OR SEA.... I WE TAKE ON THE WORLD FOR YOU I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 26 SEP DUBAI. DAMMAN, SHARJAH, DOHA.
      1,140 words

  • Page 35 Advertisements
    • 1411 35 Wlf PACIFIC INTERNATIONAL LINES (PTE) LTI SSSSS lli PIL Building, '<0 Cadi strew #0300, Singapore 0106. J [JAKARTA I [BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 391 2S/9 26/9 1/10 KOTA MELATI 912S 28/9 29/9 2/10 J EQUATOR MAS 17N 25/9 2S/9 2/10 'Ji™*
      1,411 words
    • 1073 35 d BEN LINE CdNTAINERs tfb 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: Rg 2 4300 EXPRESS CONTAINER SERVICE TO UK/CONTINENT m VESSEL VOY NOS SPORE lEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEDEN City of Edinburgh 326 24/9 14/10 Z Alsa 338
      1,073 words
    • 604 35 MYANMA W FIVE STAR LINE w (Myanmar National Una) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf MM Vllo* Sid fa, pt HP*-an VI67W 24/27 Sep PAGAN ****** In Pt 26/28 Sep 'gATHE BAH K UNI (A eorvlc* of Androw Wolr Stripping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      604 words

  • Page 36 Advertisements
    • 109 36 Regular Breakbulk Service from Far East to Mediterranean and Red Sea Ports Vessel/Voy Sin Destinations Bechar 01/10 Algiers, Port Sudan Note: inducement Offers Welcome General Agents: OPTORQ SHIPPING PTE LTD Tel: *****44 Fax: *****51 Tlx: ***** Bookings: *****24 PT LAYAH BENTOBA SHPQ CORPN JKT TIL: (021) *****3 FAX: (OM) *****1
      109 words
    • 127 36 J$L cosco UKC CONVENTIOWAL SERVICE AVESL. SSI. pnq a i««iN9roß VESaEL 30,99 «OTTERDAA*AWTWS¥> CHINA CONVENTIOWAL SERVICE AVESSEL P<l UMONOKJft VESSEL 2SOB XKM OUAMOZHOUHUANQPU COSCO FULL CONTAINER SERVICES (FCUTCL) BXPORTTO: n*»PBCONnNENTAL WEST MHXTERRANEAN AUSTRALIA US WEST COAST ARAB PERSMN OULffKAfMCH COSCO SEMI CONTAINER SERVICES (FCUFCL) TP BED SEAfIEAST MEOfTERRAHEAN FuS«SHA»WO US:
      127 words


  • Page 38 Advertisements
    • 638 38 TO AUSTRALIA/NEW ZEALAND [w TS iFrOTi |Mak |Syd lAuck INK |P. CHALM T~»50ui~27i »7s 2/10 7/it 12/10 19/10 22/10 anhhven rn~ 21/10 20/10 2/11 o/n 11/11 n/11 ***** sni m 14/11 21/u M/u 1/12 7/12 0/12 10/12 ili HUOK 2tt~ 1/12 0/12 14/12 10/12 24/12 27/12 TO USA/CANADA *5 fiC
      638 words
    • 898 38 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN *T ISMI Ml HKG KAO REE TYO SM2 NGO KO9 VESSa VOY |SW |PKL PEN 9LN SM ACI LET 159 21 9 "23 9 24 9 27.9 1.19 3.10 8.10 918 10.10 ACI lADE
      898 words
    • 197 38 PERUSAHAAhi MLAVARJM'i Im KALIMANTAN DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA XXI Voy 22/91 25/2S Sep Marta/Pahnftanf I NIAGA 42 Voy 16/91 27/2S Sep Jakarta/Pafaitonf I NIAGA XXI Voy 21/91 30/1 Oct Jakarta/Patefnbang NIAGA XXI Voy 23/91 3/4 Oct Jakarta/Patanbant I NIAGA 42 Voy 17/91
      197 words
    • 1438 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE mumi team: SINGAPORE'S GENERAL AGENTS Koran mbti CHUNG CHIAO SHPPING SON BHD COSTAR SHAPING PTE LTD A-J* TE: *****00/*****33 HWNESIA MARfTME POW? m SiS 5 TttGt K *****/1 COSHT -J* («)*«7. *I*4 row* TR. «?OMI TU. MA ***** FW 2261M6/7 JS/lilif?" GUAN
      1,438 words

  • Page 39 Advertisements
    • 514 39 r-rfr-j CIS SHIPPING (S) PIS LTD Come On! Shippers! We ore offering Competitive roles to Far East, Europe, Mediterranean ports.... We Handle your consignment with Care. Ship your consignment on Time. And do it with utmost Efficiency. Don't hesitate and call us now! Sophia T«^ ntaet: Tel: *****55 (8 lines)
      514 words
    • 489 39 (»£n RICHFIELD MARINE AGENCIES (S) PTE LTD fi TEL: *****33 (12 Unee) m FAX: *****15/*****03 Qjj TELEX: R8 ***** RISHIP (3 Lines) \i§\ ETHIOPIAN SHIPPING UNES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABYOT 26W8 8/10 QARESSALAAM. MOMBASA, DJIBOUTI ASSAB. MASSAWA NETSANET
      489 words
    • 867 39 SEAWARD SHIPPING AND TRADIN6 CO (S) PTE LTD IT* ETA ETA STORE PUT KELANG FENANG BLUE lAOE ?8/9 loading for Male mnu hudhu 30/9 loading tor Calcutta OOLfHN 19/9 loading For Malt MONO* SUPKi ME 23/9 20/9 loading For Male DONAKUH 30/9 loaded For Fefcwaru PROGRESS IBERTY 30/9 loadmg for
      867 words
    • 670 39 AM BHUM IMS In Pt 20/9 NANTA BHUM 59ft Thw 26/9 Stm 25/9. Q*SA ENAM 68S 2V9 20/9 KITI BHUM* 03N Thur 2C/9 Sur 29/9] BHUM IW W 1/10 CHAiTA BHUM# 2SN Sun 29/9 Had 2/l< EWAM 5/10 MAHA BHUM# 7SN Mm 30/9 Tte 3/l< BK < iill ,/10 NANTA
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  • Page 42 Advertisements
    • 192 42 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 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 foreign experts to
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  • Page 43 Advertisements
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  • Page 43 Miscellaneous
    • 253 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 0800 ************************************************************ JR 2.8 2.5 1.9 1.2 0.7 0.5 0.4 0.6 1.1 1.8 2.5 2.8 2.8 15 2.0 1.4 08 05 05 06 10 17 14 28 PP 2.8 2.4 1.9 1.3 0.9
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  • Page 44 Advertisements
    • 706 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EABTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEBT rena wt hp he a uehaiji wt mo uh o« sea ut him. wr mo TCM/ra rn MM HM Ml 134 23/00 24/09 20/00 H. CHALLENGER 45E 13/10 21/10 24/10 20/10
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