The Business Times, 27 September 1991

Microfilm: NL17689
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Friday, September 27, 1991 75*
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  • NEWS SUMMARY
    • Article
      Japanese Finance Minister to resign over scandals
      61 1 TOKYO Finance Minister Ryutaro Hashimoto will resign after attending the Group of Seven meeting in mid-October to take responsibility for a series of financial scandals, newspapers reported yesterday. Mr Hashimoto has informed Liberal Democratic Party officials of his intention to resign, the Asahi
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    • Article
      Romanian government submits resignation
      59 1 BUCHAREST The Romanian government submitted its resignation to President lon lliescu yesterday after a day of fierce anti-government riots, a presidential spokesman said. The spokesman declined to comment on the future of Prime Minister Petre Roman who earlier returned his "governing mandate" to Mr Iliescu, a
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    • Article
      Edge in privatisation
      38 1 A PRIVATISED Singapore Telecom will be able to react even faster to changing market conditions as it would be "freed from constraints that a statutory corporation has to face", says the Communications Minister Page 2
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    • Article
      No Subic replacement
      38 1 THE US does not plan or seek the development of alternative bases in Asia if it were forced to close down the American naval base at Subic Bay, says a senior US official Page 8
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    • Article
      Slowdown jitters
      26 1 IN SPITE of a record-long economic expansion, Japanese business executives remain concerned about the possibility of a downturn and even a recession Page 9
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    • Article
      UK unions on attack
      29 1 BRITAIN may be putting out the red carpet for Japanese investment but the country's unionists are waging war against the foreigners' management style Page II
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    • Article
      Dr Seuss dies
      30 1 THEODOR Seuss Geisel, the famous children's author and illustrator whose fantasies entertained millions of children around the world, has died at the age of 87 Page 17
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    • Article
      New requirement
      33 1 IN A MOVE to upgrade the quality of its membership, the Singapore National Shipping Association has decided to increase the paid-up capital requirement for its new members. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      37 1 WALL STREET headed lower early yesterday amid new doubts about prospects for economic recovery in the US. The Dow Jones average of 30 industrials dropped 5.59 points to 3,015.43 in the first hour of trading.
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    • Article
      Footsie higher
      45 1 LONDON share prices rose above the 2,600-point level on the FTSE 100 Index at midday yesterday, as speculation about potential bids and the timing of a general election continued to dominate sentiment. At 1130 GMT, the index stood at 2,606.3, up 8.5 points.
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    • Article
      Dismal HPL showing
      40 1 HOTEL Properties Ltd has released a dismal set of interim results. At group level, turnover rose 6 per cent to just under $41 million, but operating profit was slashed by almost two-thirds to $3.4 million Page 3
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    • Article
      Hong Fok shift
      24 1 HONG FOK Corporation is injecting all its Hongkong property, construction and horticultural activities into newly acquired Winfoong Investments Ltd Page 3
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    • Article
      Move to boost capital
      30 1 A TENTATIVE agreement between international securities regulators could force securities companies in several leading financial centres to increase the capital tied up in their businesses. Pa«e6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 670.00 -3.40 Kuala Lumpur ....526.70 +3.62 Tokyo 23,968.08 +390.66 Hongkong 3,927.98 +26.03 Sydney 1568.5 +8.0 Wednesday Change New York 3,021.02 -8.05 London 2,597.82 +21.2
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    • Article
      CURRENCIES
      24 1 Fichaitf rates USS SS 1.6930 100 Yen SS 1.2672 MS SS 0.6162 Wowy market rates Overnight 4 3/8 unch 3-month 4 11/16% -1/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$352.30 -US$0.10 RUUmt S'poreOct.... 135.75*/kg +0.50 M'sia Oct.— 221.50'/kg unch KL Tin Turnover 37 tonnes -8 Spot M$ 14.86 /kg +0.01 Cruris ruikm nil Turnover 1,071 lots +175 Nov MS806 /tonne +6
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  • Article
    Inter-Pac selling its Sports Toto gaming unit
    519 1  -  Far East Asset to pay Ms6oom for the entire stake By William Chia SINGAPORE The InterPacific Industrial Group controlled by Malaysian tycoon Tan Sri Vincent Tan Chee Yioun is selling its Sports Toto gaming unit to a small property company, Far East Asset
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  • Article
    S'pore's role in Riau not an election issue: Indon minister
    392 1  -  From Catharine Ong in SEOUL SINGAPORE'S active role in the industrial and commercial development of the Riau province will not be an election issue for the Indonesian government, says the country's Junior Minister of Industry, Mr Tunky Ariwibowo. Unhappiness among
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  • Article
    Honshu Paper faces share probe
    379 1  -  Oei Hong Leong's share options contract called into question From Koichi Ishiyama in TOKYO JAPANESE authorities are investigating alleged manipulation of the stock of Honshu Paper Co and a controversial share options contract involving Oei Hong Leong, former chief executive officer of United Industrial Corp,
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  • Article
    PM Goh outlines four-fold goals of IT masterplan
    419 1  -  By Claire Leow SINGAPORE The IT 2000 masterplan, the blueprint for harnessing information technology (IT) to propel Singapore into the league of developed nations by the end of this decade, has singled out four major thrusts. It recommends using IT as a
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  • Article
    SCS to launch public share offer today
    337 1  -  By Carolyn Lim SINGAPORE Singapore Computer Systems (SCS), said to be about one-and-a-half times the size of recent-ly-listed software company CSA Holdings, is launching its initial public offer today. The offer will be leadmanaged by Overseas Union Bank. The third Singapore Technologies Industrial
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  • Article
    Lock icon US GNP dips 0.5pc
    90 1 Reuter WASHINGTON The US economy shrank at a 0.5 per cent annual rate in the second quarter, the Commerce Department said in a second and final revision of AprilJune performance. A month ago, the department said gross national product contracted at a 0.1 per cent rate
    Reuter  -  90 words
  • Article
    BIL aiming for NZ$2 apiece
    109 1 BRIERLEY Investments Ltd's group profit was halved in the year ended June 30 because of debts incurved in the purchase of Britain's Mount Charlotte hotel chain, difficult trading conditions and lower investment income. Undeterred by this, the group aims over the next lour years "to
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      195 1 HPHims) o I Compact A3-format Copier, minocta Arcraft Schedule 27 Money Changer Rates 27 Work) News 9 Commodities 26 Money Market 25 Company News 3.4.5 Regional News 7.8 For market indices, editorial. Cryptc Crossword 27 Regional Stock Markets —23 advertising and circulation exEditorial 10 SES 18.19 tensions, cal Business Times
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    • Advertisement
      Page 1 Advertisements Column 2
      87 1 1 UHI'SPI I I COMPUTER PRINTER I B RIBBON MANUFACTURER M I Join us at the top Enjoy the best Beijing fS cuisines specially prepared by our master 9 Lj chef. All yours Jo savour, amidst the grand HH panorama or tneory ana soumemtsiancßv r Hm i] M the cosy
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      Page 1 Advertisements Column 3
      4 1 Full report, Pg 3
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        AEG breaks ground for new $7m regional HQ
        74 2 AEG of Germany, a member of the Daimler-Benz Group, has broken ground for a new $7 million, four-storey building at Tampines which will serve as its regional South-east Asian headquarters. This will be ready by April next year. AEG has a staff
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      • Article
        AMP Scholars Programme
        74 2 THE ASSOCIATION of Muslim Professionals (AMP) will launch its Scholars Programme tomorrow at the Islamic Centre. Some 80 top Muslim students from 17 schools and three madrasahs (religious schools) will be present with their parents. The AMP will also take the opportunity to conduct a profile survey
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      • Article
        Ngee Ann computer fair
        48 2 THE Ngee Ann Polytechnic will hold a two-day ComputerBased Learning (CBL) Fair this weekend. It will feature computer vendors displaying CBL products and giving updates on CBL development in the industry and commercial world. Singapore Telecom will also hold a seminar to introduce Teleview.
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      • Article
        Extension of tender dates
        41 2 TENDER closing dates for Phase 4 Tanjong Pagar Conservation shophouses have been extended from Sep 30 to Oct 28. According to an Urban Redevelopment Authority statement, tenders must be received by 12 noon at the URA building.
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    • Article
      In search of an answer to sex discrimination
      236 2 THE ANSWER to discrimination against women at the workplace is not more laws but a level playing field, prominent businessman Ho Kwon Ping said at a forum last night. Legislation could help, but the root of the problem is one of attitude
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    • Article
      Privatised Telecom can react even faster to changes: Mah
      293 2  -  By Dexter Lee SINGAPORE TELECOM will be able to react even faster to changing market conditions once it is privatised, said Communications Minister Mah Bow Tan at the opening of the International Institute of Communications conference yesterday. This is because as
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    • Article
      New practice to cope with material price fluctuations
      375 2  -  By Elaine Koh PUBLIC SECTOR building and civil engineering contracts will now follow a common price-fluctuation practice which will help contractors lessen their exposure to changes in material prices. The practice, which came into effect on Sep 16, will be fully implemented
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    • Article
      Time-based phone charges to be reviewed 3-6 months from Dec 1
      275 2 SINGAPORE TELECOM will review the time-based phone charges for local calls scheme between three and six months after it is implemented on Dec 1. This is to ensure that the scheme is working as expected. If not, the load
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    • Article
      First Japanese senior high school in region opens
      309 2  -  By Dawn Tan THE FIRST senior high school for Japanese expatriates in South-east Asia has opened in Singapore. The $30 million Shibuya Makuhari Senior High School was officially opened at West Coast Road yesterday by the Japanese Ambassador to Singapore, Mr T
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    • Article
      Fixed-price shops, better service lure S'poreans
      203 2 THE MODERN Singapore shopper doesn't like to bargain but does like spending money provided it's by way of a plastic card, according to a survey. In the survey, conducted by the Network for Electronic Transfers and Acorn Marketing and Research Consultants, 1,000 shoppers aged
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    • Article
      Accountant doesn't want club presidency
      264 2 The SICC-PUB tussle ACCOUNTANT David Wong, mentioned in a motion to remove Singapore Island Country Club president Low Siow Whatt, said yesterday he had absolutely no interest in becoming club president. "I do not know Ben Tan (who has proposed the motion) and do not
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      204 2 /HOW TO STAY TRIM 1 IN BUSINESS BY CUTTING CORNERS I These days, to stay successful in business, one has to be highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pte
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      Page 2 Advertisements Column 2
      321 2 j* 3 4 December 1991 Hilton International Singapore I A nugor international conference—Essential information Features: I for the success of your development I A How to make your development work I An outstanding international speaker panel, including: -<■ Resort development and Japanese investment I Fred M. Settle Jr. IMG Resort
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  • COMPANY NEWS 1
    • Article
      Brierley Investments suffers nearly 50pc fall in profits
      556 3  -  By Schutz Lee SINGAPORE New Zea-land-based Brierley Investments, .Ltd, of which the Singapore government is a major shareholder, yesterday reported annual profits half of whaj it achieved last year. For the year ended June 30, 1991, group attributable profit amounted to NZ5211.7
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    • Article, Illustration
      Malayan Credit boosts Hotel Prop results
      404 3  -  But weak income from other units contributes to dismal half-year By Lee Han Shih SINGAPORE In an ironic twist, Malayan Credit Ltd (MCL) emerged as one of the biggest profit contributors to Hotel Properties Ltd (HPL), which released a dismal set of interim results
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    • Article
      National Kip posts poorer earnings
      176 3 SINGAPORE Electronic components manufacturer National Kap Ltd posted a 27.3 per cent drop in net earnings to $425,389 in the six months ended in June from $585,192 a year earlier. The Sesdaq-listed company's half-time turnover was also markedly lower, declining 14.3 per cent to $6.21
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    • Article
      Hind Hotels interim figures take a dive
      226 3 SINGAPORE While Hind Hotels* flagship Imperial Hotel may glow in pink, its half-time results are not painted in the same hue. The unaudited interim report of Hind Hotels for the six months ended June 30, 1991 showed a nearly 65 per cent dedine
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    • Article
      Hong Fok puts all HK interests under new unit
      364 3  -  By Elaine Koh SINGAPORE Hong Fok Corp Ltd is injecting all its Hongkong property, construction and horticultural activities into newly acquired Winfoong Investments Ltd in return for HK$l4O million. The restructuring leaves Hongkong-listed Winfoong, formerly LET Pacific, with the Hongkong and
      364 words
    • Article
      Lock icon Petmal Oil plans to list unit next year
      148 3 Bernama KUALA LUMPUR Petmal Oil (M) Sdn Bhd, Nalaysia's only privately-owned bumiputra oil company, plans to list its subsidiary on the KLSE main board not later than the first quarter next year. Executive chairman L M N AfTendi said yesterday that a
      Bernama  -  148 words
    • Article
      Interim earnings at General Magnetics plunge 68pc
      234 3  -  J* Genevieve Cua SINGAPORE Audio casette and component maker General Magnetics Ltd yesterday unveiled its poorest set of results since it was listed in July last year. For the six months to June 30, bottomline earnings plunged 68 per cent to $1.4 million,
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    • COMPANY BRIEFS
      • Article
        SAE to be listed on main board next week
        69 3 gapore Aut omotive Engineering Ltd c e on the industnaJ sector of the main board of the Singapore Stock Exchange next Monday. There will be no trading of its shares in the "cash" market. Chartered Industries of Singapore, SAE's holding company,
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      • Article
        Malaysian Mosaics does better
        67 3 KUALA LUMPUR Malaysian Mosaics Bhd reported a MC iQ P S7« C^-ii- nCr aSe n roup pre tax operating profit to MS 19.578 million for the six months ended July 31 from a year earlier on the back of a 10.4 per cent rise in ktoud
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      • Article
        Khong Guan fares poorly
        70 3 KUALA LUMPUR Khong Guan Holdings Industries Malaysia Bhd recorded a group pre-tax loss of M$ 193,000 for of 6 MS2fi?nnn" 30 with a pre-tax profit of M 5265.000 a year earlier. This was in spite of a 6.4 oer cent nse in turnover to M 537.02
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      • Article
        UMW raises stake in Kayaba
        55 3 SINGAPORE UMW Coip Sdn Bhd bought 2.904 million JH! ""J 1 of Kayaba (M > Sdn Bhd (or nv<\v -r won Wednesday. Its 75 per cent subsidiary, KMRS S r ,^u n r ßhd holds a 25 P« cent stakein KMBS. This brings UMWs interest
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      • Article
        MBf Hldgs' acquisition passed
        59 3 ?n !!S MBf Holdings Bhd says Malaysia's Foreign Investment Committee has approved its acquisition of 31.95 per cent of Samanda Holdings Bhd. Separately PJ Develooment Holdings Bhd has height 4.3 8 t mill'on shareT4p£ senting 12.65 per cent of Samanda between June 26 and Sep 17
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      • Article
        Supreme Corp now Lion land
        29 3 SINGAPORE Supreme Corp Bhd announced a name change to Lion Land Bhd. Its shareholders approved the name change at an extraordinary general meeting yesterday.
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      • Article
        SES queries Hotel Royal
        26 3 T The u Stock Exchange of Singapore has quet °-F the purchase P nce and payment arrangements of 06-02 Tong Lee Building
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      • Article
        NTA announcement
        23 3 SINGAPORE United International Securities Ltd announced that its unaudited consolidated net tangible assets backing per share was $1.30 at Aug 31.
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      • Article
        Corrections and clarifications
        46 3 IN YESTERDAY'S BT article "Sembawang Group sets up Rasing company it was reported that according to the Registry of Companies and Businesses records, Sembawang Leasing had an authorised capital of $100,000. The group has since clarified that the figure is actually $100 million.
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    • COMPANY BRIEFS
      • Article
        Bond served with notice after car chase
        91 4 SYDNEY A court official yesterday chased former tycoon Alan Bond to serve a notice ordering him to pay US$l94 million or face bankruptcy, Australian police said. Mr Bond was handed the notice in the car park of a suburban Perth police station, a
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      • Article
        Work at Renison mine to continue
        53 4 SYDNEY Renison Goldflelds Consolidated Ltd said mining at its Mount Lyell copper mine on the west coast of Tasmania will continue after a strong operating performance during a three-month trial period ending this week. RGC said the mine's performance had been reviewed against production
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      • Article
        CSR expects sharp fall in profit
        77 4 SYDNEY Building products, sugar and aluminium group CSR Ltd said it expects net profit for the year to March 31, 1992 will be down to around AS2OO million, or a fall of almost 40 per cent. CSR reported a net profit of A 5325.9
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    • Article
      Lock icon Petronas in US$53m deal for new LNG project in Bintulu
      180 4 Bernama KUCHING The national petroleum corporation, Petronas, has signed a U5553.3 million management consultancy contract with Foster Wheeler Malaysia Sdn Bhd for its second liquefied natural gas (LNG) project in Bintulu. Speaking after the signing ceremony here, witnessed by Sarawak
      Bernama  -  180 words
    • Article
      Lock icon Tractors to sell assets to Consplant unit for M$99m
      332 4 Agencies KUALA LUMPUR Tractors Malaysia Holdings Bhd said it plans to sell land and building assets to a subsidiary of Consolidated Plantations Bhd for M 599.3 million (SS6O million). Both Consolidated Plantations and Tractors are units of Sime Darby Bhd. Consolidated
      Agencies  -  332 words
    • Article
      Lock icon India approves ventures with US firms
      523 4 IBM-Tata tie-up to make PS/2, Ford-Maruti to produce radiators NYT WASHINGTON India's Commerce Minister announced on Wednesday that his government had approved two joint ventures between American multinationals and local companies, and preliminary plans for two others. The minister, Mr Palaniappan Chidambaram, said India
      NYT  -  523 words
    • Article
      Large write-off pulls Hastings Deering into the red
      344 4  -  From Florence Chong in SYDNEY DESPITE a 39 per cent rise in pre-tax profit, Hastings Deering Corp has slumped into a net loss of A 522.58 million in the year ended June 30 because of an abnormal write-off. It made a net
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    • Article
      Lock icon Inchcape Pacific's after-tax profits up 51pc
      226 4 AFP HONGKONG Inchcape Pacific Ltd has reported a rise of 51 per cent in after-tax profits for the first half of this year. The firm, a subsidiary of British multi-national Inchcape pic, said profits after tax totalled HKS272 million, up from $180 million in
      AFP  -  226 words
    • Article, Illustration
      Good E German firms tip for grabs, says agency
      389 5  -  By Carolyn Lim SINGAPORE Asian businessmen eyeing investments in the former East Germany have been assured that there are still good companies for the picking although West Germans may have had the first crack at them. lit is not too late
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    • Article
      Lock icon Union Carbide to cut costs by slashing 5,500 jobs
      289 5 Reuter DANBURY, Connecticut Ifriion Carbide Corp, a US chemical manufacturer, said oh Wednesday it will slash s<>me 5,500 jobs in an effort to cut costs by US$25O million (***** million) by 1994. The cuts will lead to a fourth-quarter charge ranging
      Reuter  -  289 words
    • Article
      Lock icon It's back to Japan for Toshiba
      401 5 Shift of laptop production due to changes in key US tariffs AP TOKYO Toshiba Corp is shifting production of some of its most advanced laptop computers back to Japan because of changes in key US tariffs, company officials said on Tuesday. Other Japanese computer
      AP  -  401 words
    • Article
      Lock icon Matsushita ties up with Tandy in computer venture
      222 5 AFP TOKYO Japan's Matsushita Electric Industrial Co Ltd said on Thursday it was forming a computer venture with Tandy Corp of the United States to make laptop and notebook computers at an existing plant in Texas. The consumer electronics giant said the
      AFP  -  222 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      132 3 FOR THE WORLD'S MOST TREASURED WATCHES I CORUM S Cortina Watch One establishment in Singapore houses some of the world's most fashionable and exquisite watches. The name: Cortina Watch Centre. The most trusted place to purchase distinctive watches like Corum. Cortina Watch renowned for excellent service in each of its
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      29 4 j :IJggggßg^ Fountain, Rome, Italy. jJPW' i jflr PPWBI II t i A^MH m fil i II Complete accessories from cuff links to wallets. Mobbrin!. La moda per I'uomo
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      Page 4 Advertisements Column 2
      289 4 H g^Bßr I Preparing For A Career* I In Financial Management? fl If you have a recognised Bachelor Degree in Aits, Business Administration, Economics, Social Sciences, Law, Estate Management, Building, Engineering, Science, etc., and wish to acquire a qualification related to financial management, the opportunity is open to you through
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      127 5 Working towards more jobs in east Germany, Pg 11 ADVERTISE YOUR PRODUCT IN 'VIETNAM It's only a matter of time. Vietnam is about to h explode into action. Already Asia's most promising new market is experiencing East economic growth. And when the door opens to the USA, as inevitably it
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      Page 5 Advertisements Column 2
      141 5 SMALLER WORKS HARDER. I When you're not as big as your competitors, you have to have a certain attitude. You have to work a little harder, a little quicker and a little smarter. At Standard Chartered Finance, this is all possible due to our smaller size. Our customers never get
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  • FINANCIAL NEWS
    • Article
      Lock icon Accord may force brokers to raise capital backing
      376 6 France, Japan and the UK have expressed strong reservations FT LONDON Securities companies in several leading financial centres could be forcfd to increase the capital tied-'up in their businesses, following a tentative agreement between international securities regulators. One British regulator said the
      FT  -  376 words
    • Article
      Lock icon NCR to help Russia's biggest bank computerise
      388 6 FT MOSCOW Russia's lumbering banking system has taken two tentative steps towards modernity, introducing a domestic charge card for the first time and unveiling US$l.5 billion (552.5 billion) plans to computerise operations at its biggest bank. NCR, the US computer group recently taken
      FT  -  388 words
    • Article, Illustration
      Lock icon Bank of England plays teacher to E Europeans
      260 6 FT LONDON Mr Robin Leigh-Pemberton, the governor of the Bank of England, revealed on Wednesday that the bank was acting as schoolteacher to central bankers from Eastern and Central Europe and the former Soviet Union. The bank aims to reveal to them
      FT  -  260 words
    • Article
      Lock icon Ex-bank chairman fined US$20m for aiding BCCI
      234 6 Reuter WASHINGTON The US central bank on Wednesday slapped a US$2O million (Ss34 million) fine on the former chairman of Independence Bank for secretly helping the Bank of Credit and Commerce International acquire the California bank. The multimillion-dollar fine, assessed on Kemal Shoaib,
      Reuter  -  234 words
    • Article
      Lock icon House panel approves banks' securities activity
      300 6 Reuter WASHINGTON T& House Energy and Commerce Committee voted 29 to 12 to allow banks into the securities and insurance business but with tough restrictions to prevent abuses. •jii'. Committee Chairman John Dingell, D-Mich., said the restrictions on the banks' new powers are necessary
      Reuter  -  300 words
    • Article
      Public Bank to sign US$50m FRCD issue
      100 6 SINGAPORE Malaysian-listed Public Bank will sign a US$5O million negotiable floating rate certificate of deposit (FRCD) issue today its maiden offshore fund raising exercise, DBS Bank said in a statement. The funds will be used as the Public Bank's general working capital. The
      100 words
    • Article
      BankAmerica opens in Shanghai
      78 6 HONGKONG The Shanghai branch of Bank America Corp, one of the first seven foreign banks given approval to open full branches in Shanghai, has officially opened, the Beijing-funded China News Service (CNS) said. The other six banks with branch approval are Citicorp's Citibank NA, Credit Lyonnais,
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    • Article
      Abbey National in life insurance
      78 6 LONDON Abbey National, the British building-society-turned-bank, announced on Wednesday an expansion into the life insurance business with a £285 million agreed acquisition of the Scottish Mutual Assurance Society. News of the diversification, which followed similar moves by Lloyds and TSB banks, came as figures from
      78 words
    • Article
      BAT unit in cost-cutting moves
      111 6 LONDON BAT Industries pic's UK insurance unit Eagle Star said it is to close branches, cut jobs and move its head office in moves aimed at restoring the profitability of its general insurance business. An Eagle Star statement said the company will shrink its exposure
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    • Article
      US banks seek merger approval
      92 6 WASHINGTON Chemical Banking Corp and Manufacturers Hanover Corp formally filed for Federal Reserve approval of their proposed merger which would create the third largest bank in the nation. The banks told the Fed they expect the merger to be completed by the end of the
      92 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      1041 6 Ckmicalßamk Chemical Banking Corporation and Subsidiaries Head Office: 277 Park Avenue, New York, *****. ConaoNdatad Palance Sheet Consolidated Statement of Income 1 December 31 In millions US$, Year Ended 1 (In millions, US$) 1990 1989 (except per share data) December 31 1990 1989 Cash and Due from Banks $5,194 4,604
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  • THE REGION 1
    • Article, Illustration
      Private enterprise taking shape in Cambodia
      449 7  -  Open-door policy leads to set-up of both local and foreign firms From Harish Mehta t inPHNOMPENH CAMBODIA's open-door policy has led to the creation of 70 private Cambodian companies and the appearance of about 20 foreign cdfripanies here 12 years after the Khmer Rouge
      449 words
    • Article
      Lock icon China turns its economic eyes on Vietnamese market
      358 7 AFP BEUING China is turning its economic attention to Vietnam and expects major commercial benefits to flow from the normalisation of relations with its southern neighbour, says a Chinese trade official. Since Vietnam introduced a more liberalised economic poficy, countries like Japan
      AFP  -  358 words
    • Article
      Lock icon Manila embarks on campaign to woo Asian investors
      225 7 AFP HONGKONG The Philippines is urging businessmen in Asia to invest in that country due to the existing opportunities for profitable business, a Philippine trade official said here on Wednesday. "The Philippines deserves a closer look as your base away from home,"
      AFP  -  225 words
    • Article
      Lock icon M'sia, Indonesia urged to settle island dispute
      212 7 UPI JAKARTA Indonesia and Malaysia should iron out soon their differences over Sipadan Island off Kalimantan in order to remove misunderstanding, an expert of the Indonesian Defence and Security College said on Wednesday. "This small problem should not disturb peace in South-east Asia,
      UPI  -  212 words
    • NOTE BOOK
      • Article
        Call for Asian trade bloc should Gatt talks fail
        71 7 HONGKONG An Asian trade bloc is the next best option if the Uruguay round of General Agreement on Tariffs and Trade (Gatt) talks fails, a bank economist said here yesterday. Alan McLean, chief economist of the Hongkong and Shanghai Banking Corp,
        71 words
      • Article
        Mahathir confident of 7pc growth
        96 7 NEW YORK Malaysian Prime Minister Datuk Sen Dt' Mahathir Mahamad said "chances are good" for his country to reach its goal of averaging 7 per cent econoittht' growth until the year 2020. Dr Mahathir said manufacturing will spearhead Malaysia's development in this decade.' He forecast
        96 words
      • Article
        Getting tourists to stay longer
        81 7 JOHOR BARU The Johor government will try to en- 1 courage foreign tourists entering the state via the Joh&r Causeway to stay longer, state tourism and environment r committee chairman Datuk Jimmy Low said on Wednesday. He said this was necessary to promote the tourism'
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      • Article
        Drought hits Indon rice output
        55 7 JAKARTA Indonesia's production of unhusked rice 3s estimated to drop by 1.07 per cent to 44.7 million tonnes this year following a long drought, junior Minister of Agriculture Syarifudin Baharsyah said on Wednesday. Mr Baharsyah said an extended drought had ruined harvest* In 30,000 hectares
        55 words
    • Article
      Lock icon HK govt to cut spending by 2.6pc by 1996
      204 7 Reuter HONGKONG The Hongkong government has asked the 13 government branches to cut their recurrent expenditures by 2.6 per cent between 1992 and 1996, an official spokesman said. But he said the money, which is expected to total U*****,700 million (Sslo9153
      Reuter  -  204 words
    • Article
      Lock icon No new Asian base to replace Subic, says US
      325 8 Functions to be absorbed by existing facilities Reuter WASHINGTON The US will not seek alternative bases in Asia if it were forced to close down the American naval base at Subic Bay in the Philippines, says a senior US official. Carl
      Reuter  -  325 words
    • Article
      Lock icon Moscow must retain access to Viet base, says Soviet envoy
      361 8 Reuter MANILA The Soviet Union must retain access to a naval base in Vietnam in spite of the possible withdrawal of US forces from the Philippines and the end of the Cold War, Moscow's ambassador to Manila said yesterday. "Our
      Reuter  -  361 words
    • Article
      Lock icon EC-KL scheme may get higher loan ceiling
      326 8 Bernama KUALA LUMPUR The European Community is willing to increase its loan ceiling under the EC Investment Partners (ECIP) scheme for new projects which can be potentially developed jointly between Malaysian and European businessmen. Principal administrator for the commission of the European communities
      Bernama  -  326 words
    • Article
      Lock icon KL oil and gas sector to spend M$17b in M'sia
      185 8 MBT KUALA LUMPUR The oil and gas industry is expected to spend some MS 17 billion (5510.5 billion) on exploration and production in Malaysia from 1991 to 1993. The industry has so far spent M 54.3 billion for the purpose
      MBT  -  185 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      261 7 nc' A SALE OF SITE BY URBAN REDEVELOPMENT AUTHORITY, SINGAPORE 1 r C hinatowN ui > For the developer who can see distinguished for its traditional |~~5 r 7 beyond a vacant piece of land, the character and charm. \U rewards are great and satisfying. In the hands of the
      261 words
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      Page 7 Advertisements Column 2
      25 7 I (1 (<) /JufionL I I'\ H I #02-07 W ISM I RIA. 4 IS C >IU HAKI) IU > \l). SIMIAIH >R! <»2 V 111:7 M
      25 words
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      Page 8 Advertisements Column 1
      87 8 THE LEADING EDGE IN LUGGAGE DESIGN gßjsfi^S|SS^B| -31AM For Sales, Service Repairs PACIFIC RAM PACIFIC PTE LTD Phone 353-6866 is a new Swiss cocktail going down so well in Singapore? «g*ffSr?r r PS 5 JJ K J| mm W II I Mm JIB IB lf I V I 1 I^V,
      87 words
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  • THE WORLD
    • Article
      Lock icon Japanese firms worry despite growing economy
      378 9 Executives fear economic growth will continue to slow Asahi TOKYO Although still riding a record-long economic expansion, Japanese business executives are becoming increasingly concerned about the possibility of a downturn and perhaps even a recession. The government remains decidedly upbeat about the economy, although
      Asahi  -  378 words
    • Article
      Lock icon Anglo-German row threatens progress on EC currency
      283 9 Reuter BRUSSELS Advanced plans for an EC single currency are at risk because of an Anglo-German row over new Dutch proposals to give the European Parliament vastly increased powers, diplomats say. i German Chancellor Helmut Kohl has repeatedly warned that Bonn will not
      Reuter  -  283 words
    • Article
      Lock icon US orders for durable goods down in August
      187 9 Reuter Washington us orMn for long-lasting durable faods fell 3.8 per cent last ■tooth, mainly because of a <Pihbh in demand for new commercial aircraft after a big jump in July, the US Commerce Department reported an Wednesday. The foil followed a
      Reuter  -  187 words
    • WORLD WATCH
      • Article
        More clashes feared in Romania
        88 9 BUCHAREST Romanians braced yesterday for a second day of clashes between security forces and thousands of striking coal miners as the country's erstwhile communist leadership pledged to form a broad-based coalition government with democratic opposition groups. At an overnight emergency session, a defence council presided
        88 words
      • Article
        Premadasa govt threatened
        80 9 COLOMBO Sri Lankan President Ranasinghe Premada»'s regime is facing collapse if government dissidents throw their support behind an opposition-sponsored no-confidence motion in Parliament, analysts said yesterday. The country's political crisis deepened on Wednesday when the opposition gut down the motion after accusing the government of arming Tamil
        80 words
      • Article
        China tightens grip over debt
        53 9 BEIJING China's State Administration of Exchange Contifcl has announced new regulations on management of forekn commercial loans and foreign exchange guarantees to wengthen control over debt, an official said yesterday. The regujations, as published in official newspapers, specifically forbid government departments or institutions from providing
        53 words
      • Article
        S Korea ineligible for loans
        59 9 SEOUL South Korea will no longer be eligible for loans from the International Bank for Reconstruction and Development (World Bank) in 1995, says the Finance Ministry. World Bank data show South Korea's annual per capita gross national product surpassed the US$4,OBO (556,936) eligibility gelling for
        59 words
    • Article
      Lock icon Arrival of new Gatt envoys adds impetus to talks
      234 9 FT GENEVA The prospects for completing the Uruguay Round of trade talks have been enhanced by the posting to Geneva of top trade officials from the European Community, the US, Canada and Japan, say diplomats. Their presence together with the announcement
      FT  -  234 words
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      Page 9 Advertisements Column 1
      286 9 •1 *v-9- ■t-'-.f&ii-x.:: v > i _j*^ THm w Xi' W^T COLLECTION ASIA WATCH CENTRE FTE LID PMfcmjr Pot*. (81-6M9 CHEW CHEONG WATCH CENTRE An Coin. MD-MMO. CORTINA WATCH CENTRE PTE LTD Pwa r-~ (08-IVI7. Lack? Plan. fOI-M. NUnma Sqaara. (00-230 INTERNATIONAL WATCH PTE LTD PMpfel P»k Coaptn. (01-dWt OFFENBACH
      286 words
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  • Article
    Openness must remain
    618 10 EDITORIAL THE DUST has begun to settle on what was a watershed election. A watershed not just because it produced three more opposition members of parliament but because it was an election that saw Mr Goh Chok Tong getting the endorsement of his prime ministership from Singaporeans
    618 words
  • WHAT THE OTHERS SAY
    • Article
      Japanese power
      190 10 CAN Japanese troops be sent overseas on United Nations peace-keeping missions? Japan's Peace Constitution rules out the use or the threat of force in resolving international disputes. When Japan failed to join the multi-lateral forces in the Gulf, critics said it preferred to buy its way out by
      190 words
    • Article
      Productivity culture
      66 10 THE productivity movement here is slowly gaining ground after more than one and a half decades. The public sector, which has its manpower reduced, must also be able to compete with the private sector m terms of services and productivity gains. Productivity is not just a figure of
      66 words
    • Article
      Regional stability
      176 10 The US withdrawal from the Philippines may leave behind a relative military vacuum in this region. As peace is returning to Cambodia and economic reforms are being introduced in Vietnam, South-east Asian countries cannot run away from having to build an acceptable and new security system in the
      176 words
  • REGIONAL VIEWPOINTS
    • Article
      Learning from the past
      196 10 THE Japanese emperor and empress go on an 11-day visit to Thailand, Malaysia and Indonesia on Wednesday. As this is his first trip abroad since he came to the throne, we would like to hope the visit will be a significant one befitting a new age
      196 words
    • Article
      Peace in Cambodia?
      125 10 ONE long-range repercussion of the turmoil in Eastern Europe and the end of Communism in the Soviet Union has been the prospect of peace in Cambodia after 13 years of civil war and slaughter. Vietnam's loss of Soviet support, and its cynical rapprochement with its old enemy
      125 words
    • Article
      A valuable contribution
      113 10 WITHOUT much fanfare, an important milestone in Indonesia's intellectual life was passed on Monday when a four-day seminar opened at the University of Indonesia to commemorate the 10th anniversary of Australian studies at the university. Quite fittingly, given the volatility of IndonesianAustralian relations, Australia's ambassador Philip Flood
      113 words
  • Article, Illustration
    Lock icon The Spanish struggle to secede
    1044 10  -  Encouraged by the precedent set in the Soviet Union, Spain's 17 autonomous regions are lobbying for independence. Peter Bruce analyses the issue Peter Bruce FT CATALONIA'S national day, the Diada, is normally a passionate affair, but this year's celebrations carried an extra frisson of excitement.
    FT  -  1,044 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      182 10 |H 1. We supply experts to do your computer programming on a contract basis 2. Qur services are professional and every employee is well-equipped to handle any problem you may have 3. We make a clean and efficient hit first time round. 1 1 r 4. All bodies will be
      182 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Union blues again?
      937 11  -  Britain may be putting out the red carpet for Japanese investment but her unionists are waging war against the foreigners' management style. Eric Ellis writes from London Eric Ellis The writer is a London-based journalist who writes for BT THERE is little about a dusty construction site
      937 words
    • Article, Illustration
      Lock icon Big potential, bigger risk
      911 11 Eastern Europe, some say, will be competing with Asia's developing countries for foreign investment dollars. Cheap and plentiful labour is one comparative advantage. Or is it? The Economist AFTER acquiring control of Tungsram, the Hungarian lightbulb maker, in 1989, General Electric has had to overhaul the
      The Economist  -  911 words
    • Article
      Lock icon Working towards more jobs
      673 11 Reuter AT MAGDEBURG, eastern Germany's biggest heavy machinery maker? unemployed workers are tearing down their own factory to make way for new investment. Nearby,, scores of fitters who had a guaranteed job under communism are learning to lay bricks while others mend roads or clear waste
      Reuter  -  673 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      154 11 fA M I Brooks Shoes M] A I W] AKS 750 UPS89 $39 I ll j Rage Jr UPSS9 $29 fS I ll J E«eUP$S9 $39 KXT150 UPS69 $29 k MM Lady Chariot UPt89 $39 yW TCS 45 UPS89 $59 OCM* oatk Cam* Squash Ace UPt59 $39 I ll I
      154 words
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      273 12 llllllll^lll^^^ I I i-' 1 I I II 4 0 I I < 7 IN TNI WORLD'S MOST ADVANCED LUXURY CAR THERE IS NO SUCH THING AS LONG DISTANCE DRIVINO 4 V s J f 4 I t J 1 1 i I t '9 IN E BMW 7 SERIES.
      273 words
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  • FOCUS
    • Article, Illustration
      Lock icon Takeover mania or plain opportunism?
      634 13 The Economist IT WAS all rather unexpected. Two British companies had opted for similar strategies of floating off their most profitable businesses to investors. TTien out of the blue, two of Britain's most acquisitive conglomerates swooped in with bids. The first came from Lord Hanson.
      The Economist; Source: Datastream  -  634 words
    • Article
      Lock icon Small is beautiful in the UK again
      594 13  -  'After the merger mania in the 1980s come the demergers of the *****. Richard Satran finds out whether the trend is here to stay Richard Satran Reuter m EMERGERS K l have gained fa|l vour in recent lljM years as com- panies cobbled
      Reuter  -  594 words
    • Article
      Lock icon No shortage of funds for takeovers
      374 13  -  There's always good money for good buys, says Alister Bull Alister Bull Reuter AS BID fever sweeps across the London market, takeover targets should not make the mistake of thinking there is no cash to support a fresh wave of buyouts. Because the money
      Reuter  -  374 words
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      Page 13 Advertisements Column 1
      131 13 For Ron Hardwood Furnitures jig' 11 1 Ptease visit our ahowrooma at i* 1)No. 278 RNar VaHey Road, Singaporeoo23. "T *3SS^9 Tat *****23 *****71 1 ftlrr 2) No. 606 Martin Road #06-04, Singapore 0023 ww T«fc *****02 *****45 ORIENTAL ART fOpan Mon Sat 10am 9pm) PTE LTD New designs, new
      131 words
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      Page 14 Advertisements Column 1
      453 14 WE PRESENT A NEW BANK THAT BELIEVES IN PEOPLE RATHER THAN MONEY. 'inSfekik- jKp. MAINLY, BECAUSE MONEY HAS NEVER COME UP WITH A BRILLIANT IDEA. The merger between ABN Bank and Amro Bank has given on your behalf, giving you better advice and working together the financial world a new
      453 words
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  • Article, Illustration
    Lock icon Nice guys who don't intend to finish last
    553 15  -  Interview with Stefan Edberg and Pete Sampras By Nirmal Ghosh SINGAPORE There is often no mistaking that special, easy air of a champion. Stefan Edberg has it. His fluid, killing grace on the courts has ensured that he goes down as the
    Pictures by Christopher Loh  -  553 words
  • Article
    Lock icon Tee in the Ocean, butterflies in the stomach
    406 15 Agencies KIAWAH ISLAND, South Carolina No new course in the history of golf has been greeted with more anticipation than the Ocean Course, which will have its reputation on the line here this week at the Ryder Cup. Conceptually, the Ocean Course
    Agencies  -  406 words
  • SIDE LINES
    • Article
      All Africa gold medalist tests positive for drugs
      63 15 CAIRO Tunisian swimmer Senda Gharbi, winner of five gold medals at the All Africa Games, has failed a drugs test. An official of Egypt's swimming federation said Gharbi had tested positive for an unidentified banned substance. It added that a second sample
      63 words
    • Article
      Disabled athlete stripped of gold
      70 15 OTTAWA A Canadian wheelchair athlete has tested positive for using steroids and been suspended from competition for two years. Weightlifter Jack McCann, of St Albert, Alberta, tested positive for the banned substance stanozolol, and metabolites which can be steroid byproducts. He was stripped of the
      70 words
    • Article
      Stich crashes in ATP 1st round
      63 15 BASEL Time caught up with Wimbledon champion Michael Stich on Wednesday when the German player crashed in the first round of the U*****,000 ATP tournament to Sweden's Christian Bergstrom. The top-seeded Stich, who led Germany's unsuccessful Davis Cup semi-final clash against the US over
      63 words
    • Article
      Ed Moses plans comeback
      62 15 BERGEN, Norway World 400 m hurdles record holder Ed Moses plans to make a comeback at next year's Barcelona Olympics. "I have decided to go for the Summer Olympics next year and I have been training well all the time even if I have not competed
      62 words
    • Article
      A putt away from fame
      69 15 BUENA PARK, California Pat Bradley and Amy Alcott are on the verge of joining the LPGA Hall of Fame. One could become the 12th member of the honoured group this weekend. Bradley and Alcott are among the 144 players entered in the U*****,000 MBS LPGA
      69 words
  • Article
    Lock icon Egypt shows its prowess in weightlifting
    351 15 AP CAIRO Sarwat Bindary of Egypt won three gold medals and broke two African records in weightlifting on Wednesday, as Egyptian athletes captured most of the gold medals on the fifth day of the All Africa Games. Egypt captured 12 of the 15 gold
    AP  -  351 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      25 15 EPS#N SUPER DENNIS CHALLENGE The Politician. The Philosopher. The Scientist. The Traveller. The Artist. The Man of Letters. The Businessman. The Economist. The Unfair Advantage.
      25 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      217 16 WHERE TO WIME, OWE MID EOTEBTAW WHERE TO WINE, MNE «MO EHTERHIH WHERETO WINE, DINE Hi i 1111 II ilifc —n MRH 111 1 111 l ?llf ilaCliH* ORGANISE YOUR OWN KARAOKE? It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups
      217 words
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      Page 16 Advertisements Column 2
      254 16 ooime&jf Mushrooms galore at Nutmegs! j Specially flown In for this occasion, choose from morels, boletus, truffles, chantereles, shltake, just to name afew. Our chefs are cooking up a. storm with an irresistible menu. From appetisers, soups and main courses, indulge to your heart's content on these delightful morsels. From
      254 words
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      Page 16 Advertisements Column 3
      205 16 INTERNATIONAL BUFFET (1-30 SEPI) At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Adult: $16f+ (Lunch) $l£f+ (Dinner)* Child: $10*+ (Lunch Dinner) Menu changes regularly. oW coffee tea. <*■«»■■ The most mouth-watering
      205 words
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      Page 16 Advertisements Column 4
      210 16 jfl a &lice of the Pi* I fl September Noon 2.30 pan Adult: $36++ Child bekm 10: JlS++ We serve the world to yom at The Bebedere. H ffiig JggL ioSSDM IHHHHHHH POOLHDE# I BUFFET W, f_ I B-B-QTX^ Whllo fBB upon In th> balmy I luxuriance of our alfrooco
      210 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      593 16 TELEVISION AND RADIO TV K mmmMmmmmmmmilM I i#.«s Fiway at tha kmm fh- 7.m cm Nan Nateart |\/l A»A day The I3th: The Final 7.M Pra>«r Cal iviure gore ?3S SEwr- 55 LM taTfE). ymn Financial News N M WU=ClLtttl Utit Mi WWW ft Aadabaa —On 5.55 PM Pray—aw Higtaßglrts.
      593 words
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  • LIFESTYLE
    • Article, Illustration
      Dr Seuss' whimsical world
      983 17  -  Enc Pace profiles Theodor Seuss Geisel, the famous children's author and illustrator whose fantasies entertained millions of children around the world. The author died on Tuesday at the age of 87. Eric Pace Theodor SEUSS GEISEL, the author and illustrator whose whimsical fantasies written under the
      983 words
    • Article, Illustration
      Liz Taylor fine, after discharge from hospital
      382 17 CHATTERBOX ELIZABETH TAYLOR, who became dizzy and chilled during a promotional tour, may be suffering from pneumonia, according to a doctor who examined her. Ms Taylor, 59, nearly fainted during tea on Tuesday at a department store in Houston and was taken by
      382 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      168 17 AND ENTEBTAIN W Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. Fashionshow at 4 pm. ANA HOTEL SINGAPORE For reservations, 16 w snsapon 1025 please call 732-1222 ext 1581. (6 5) re
      168 words
    • Advertisement
      Page 17 Advertisements Column 2
      191 17 SUNDAY Eg FAMILY El BRUNCH H $13+ H (S7 for children under 12) K7U TEE-OFF CAFE |U MARINA BAY GOLF 8t COUNTRY CLUB KM 6 MARINA GREEN SINCAPORE 0101. IjU FOR RESERVATIONS PLEASECAIJ. 221 2811/522 4221 /?ZPk 9-COURSE DELICACIES 6 jjg_Yn 9 BONUS ITEMS Enjoy the following bonus Spec* 3
      191 words
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      Page 17 Advertisements Column 3
      1186 17 CREDITAG R I C 0 L E Consolidated Balance Sheet Consolidated Statements of Income (as of December 31, 1989 and 1990) I (years ended December 31. 1989 and 1990) 1990 1989 1990 1989 (in millions of francs) I (in mj ion of hgna) I Banking Income 172.750.2 141 890 7
      1,186 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors hang up their boots in bearish market
      4704 18  -  By Carolyn Lim WATCHING the index slide was the order of the day for market players yesterday. The Straits Times Industrials Index lost another 5.50 points yesterday to close at 1,371.96, after shedding 3.78 points on Wednesday and 9.54 points on Tuesday.
      4,704 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4050 19 Main Board CMB Packaging 382 +20 +5.5% Ssangyong 50* 253 +13 +5.4% DBS Foreign 1210 +10 +0.8% Roth inds 50* 650 +10 +1.6% Semb Shipyard 680 +10 +1.5% Alex Hldgs 5C 238 +8 +3.5% RDC 306 +6 2.0% S Steamship 50* 211 +6 +2.9% CAC
    4,050 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      157 20 CM»aay Data Yaar Orw# Net Net Mratags Cms pw(ll/l#M (L) partkare dMdMd ('••0) (CMts) I J Km Em Sep 11 Mar 91 $9.063($13.457) 4.1(6.1) 6(5) The H Glass Sep 6 Mar 91 $5,848(17,379) 9.75(12.3) 5(5) i Man Htdgs Sep 5 Jan 91 M$9,949l($791l) GPB Sep 3 Mar 91
      157 words
    • Article
      PRELIMINARY RESULTS
      276 20 Ciapuj Date Ymt firm pretax Hot Mntlags Cross mm to pram/toss (L) pm than dMdvtd cm) (cots) H Leone M Sep 25 Jun 91 M$101.268($68.038) 38.5(25.2) 15(15) HumeM Sep 24 Jon 91 M$62.352($43.130) 15.8(14.5) 10(105) Luni Chang Sep 24 Jun 91 $7,856(112,932) 2(4) 2(3) i Eu Yan Sang
      276 words
    • Article
      INTERIM RESULTS
      534 20 Cmpaay Date Hatf-ycar firaop pretax tartaria prompt (L) «vkM COW) Stance Tech Sep 25 Jun 91 1104(1190) Lee Kim Tah Sep 25 Jun 91 $1.118($392) NOl Sep 25 Jun 91 $30,108(137.484) Bedford Sep 24 Jun 91 M$10.916($9.600) 1(—) H Royal Sep 24 Jun 91 $699($1,620) Promet Sep 24
      534 words
    • Article
      CORPORATE DEVELOPMENTS
      601 20 Sep 25 !£,o H 2 ldin,s Ltd had P° rchased a 10 8 bulker, the Ocean Master, for HKsB6m (SJ 18.8 m). Sembawang Group has set up a leasing company called Sembawang Leasing. Sep 24 Shareholders of companies in the Inter-Pacific Group have approved a series of name
      601 words
    • Article
      DIVIDENDS ANNOUNCED
      1071 20 Cmrm* Ex Ba*a Mi Tatai lar Total for paynaat date dam MNfete tka yaar last year Aom S%TE(I) Oct 21 Od 31 Nov 15 5%TE 10%TE Atei Hdgj 50c 61(b) Sep 4 Sap 16 Sep 30 6% 6* H® 50c 3.5%(b) Sep 13 Sep 27 Oct 25 3
      1,071 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      588 20 PHcaa as at 2Mt.»t Cwwnlwtoran frmjmmT] Expiry C'""U OpttMial** using Com mi <**. Star® Loan Cmv Eur Lastfc Casli Cash Loan CaariM Data mm. «*l> stack rate pries rmh 1 ST vain* s ST« f:!So 'So S" f IS 5'«'» aSX 502 S:S Jg 0 850
      588 words
    • Article
      RESULTS DUE
      285 20 Main Board Last Fal Yaar Company Parted Date Tor Net EPS froes IW araaaicad n*| (cab) d* prat J** (TWO) Ceraboa Interim Apr 27 Jul 91 12.6 20.0TE(a) 38,911 Tom Meng Intern) Aug 2 Dec 91 4 8 5 0 385 Mm Hon( Interim Sep 7 Dec 91
      285 words
    • Article
      APPROVED ISSUES
      93 20 Company Rights Issue Tat Lm Franc* One-tor-one SI 60 per stmt Ex-date: At« 21 Books dose Sep 2 Acceptance I Payment Oct 8 Company Bonus lssu« HTF rtdfs One-tor-two Ex-date: Oct 11 Books dose: Oct 17 Suratone MM Onrfor-tno Ex-date Sep 27 Books dose: Oct 3 Company Others
      93 words
    • Article
      PROPOSED ISSUES
      566 20 Company Rights Issue Ma Pat Lid On*tor-two MSO 65 per start Wwct T«» One-torone g $1.00 per share Won Issue of 190 978m nomral amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the bass of 12 nomral amount of Bonds tor every
      566 words
    • Article
      BONDS, LOANS & WARRANTS
      674 20 BONDS, LOANS WARRANTS Cpw»mj C«—nlM ftrtti fcr iifciij*ni Bin* m Before 30/6/9* l warrant pfa, k$1.Q0 cart Befan 26/4/93 warrant ptus (309 cash Caawwa) taw Z Cawaway m 2/10/89 to 20/10/94 1 warrant ptos >0.77 art or 1 mm* £T~ $0.77 normal amount of loan stock Chuan H*> NatesIT Z
      674 words
    • Article
      COMPANY MEETINGS
      417 20 Arab-Malaysian Development Bhd: 15th AGM EGM at Dewan ArabMalaysan, 7th Floor, Bangunan Arab-Malaysian Jalan Raja Chuian, 55 Jalan Raja Chuian, ***** Kuala Lumpur on Friday, Sep 27, at 10am. Partway takings Ltd: EGM at 80, Marine Parade Road, #22-01/09, Parkway Parade, Singapore 1544 on Friday, Sep 27, at
      417 words
    • Article
      RECORD HIGHS & LOWS
      166 20 RECORD HIGHS LOWS BT Composite hidox ST Industrials Indox 1991 H* *****8 (3/6/91) 1M1 N* 1565.58 (3/6/91) 1991 Im 1022.52 (16/1/91) 1191 tar 1149.08 (16/1/91) 1990 N* 1435.43 (16/7/90) 1990 ta*t 1607.12 (27/3/90) 1990 Inr 981.07 (09/11/90) 1990 Inr *****0 (11/10/90) 1919 ta* 1322.00 (28/12/89) 1919 M* 1487.76 (26/12/89) 1909
      166 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market drifts listlessly as no definite trends emerge
      4135 21 Bernama SHARE PRICES ended mixed to barely steadier in lethargic trading yesterday as investors continued to adopt a-wait-and-see-attitude with no definite trends emeiging. In very thin trading, the KLSE Composite Index edged up 3.62 points to 526.70 while the Industrial Index slipped
      Bernama  -  4,135 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1226 21 TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 I M THE MATTER OP THE COMPANIES ACT, CAP. SO AND M THE MATTER OP SLUM PTE LTD (In Members' Voluntary UquMaßon) NOTICE OP RESOLUTIONS At an Extraordinary Qenerai Meeting of the members of S L LIM PTE LTD duly convened and held M the Registered
      1,226 words
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      Page 21 Advertisements Column 2
      205 21 ffc —IN 'HUI MAVKI i# EUTRONIC CAMERA# CENTRE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members of Eli ironic Cameras Centre Pie Lid will be held at
      205 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end higher on hopes of rate cut
      2227 22 Reuter TOKYO stocks surged in afternoon trade to close strongly higher yesterday. Falling shortterm rates and higher bond prices yesterday afternoon revived expectations of a cut in Japan's discount rate, perking up buying interest after a limp morning, brokers said. "Trade has
      Reuter  -  2,227 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index rises but trading volume remains low
      1826 22 Reuter STOCKS closed more than 20 points higher yesterday but trade continued thinner than in previous weeks, brokers said. The Hang Seng Index rose 26.03 points to close at 3,927.98, after touching 3,940 in mid-af-ternoon. The Hongkong Index closed at 2,571.52, up 17.20
      Reuter  -  1,826 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks rise on rate cut hopes
      • Article
        AUSTRALIA
        787 23 PRICES continued to climb on the Sydney Stock Exchange yesterday helped by hopes of further interest rate cuts, historically low bond yields and a more reasonably priced dollar. At the close of trading, the All Ordinaries index was up 8.0 points to 1,568.5. Rises occurred across the boards. The
        787 words
      • Article
        BANGKOK
        686 23 THAI share prices inched up yesterday but investors remained sidelined resulting in thin trade and a quiet market. The SET index ended 1.17 points higher at 693.05 on thin turnover of 1.52 billion baht. It was the lowest volume since Aug 14. Blue chips ended mixed. Bangkok S«p 26
        686 words
      • Article
        JAKARTA
        704 23 THE Jakarta stock market plunged into depression again in hectic trading yesterday after a brief revival the previous day. Its index fell points from its revised overnight level of 258.28, to finish at 255.12. Turnover was 7.53 million shares. Brokers said the plunge after Wednesday's surge reflected the foreign
        704 words
      • Article
        MANILA
        495 23 PHILIPPINE shares finished mixed in quiet trading yesterday on a lack of news, but profit-taking outpaced speculative buying and weighed down the average index. Manila's Composite Index slid 8.36 points to settle at 965.31 with losses in commercial/industrials outweighing gains in oils. "The market's decline after three days of
        495 words
      • Article
        TAIPEI
        469 23 TAIWAN share prices finished firmer yesterday but off highs as investors took quick profits after early rises, brokers said. The weighted index, gaining more than 100 points in early trade, closed at 4,842.33, up 51.65 points. Turnover rose to NT532.47 billion from NT522.4 billion. Brokers predicted further gains in
        469 words
      • Article
        NEW ZEALAND
        338 23 NEW ZEALAND share prices closed sharply higher yesterday in followthrough buying on the back of Wednesday's easing of monetary policy which has sent the New Zealand dollar and interest rate yields tumbling. The New Zealand dollar fell nearly half a US cent yesterday after a one cent fall
        338 words
      • Article
        SEOUL
        942 23 SEOUL stocks dropped below the 68fli> level, which the market had supported for the past 10 days, in lacklustre trading yesterday. "Such negative factors higher corporate bond yields, the iii,/ creasing trade deficit and liquidity dififi-' culties combined to pressure the' market," a Lucky Securities broker said*/ The index
        942 words
      • Article
        BOMBAY
        53 23 ■frft BOMBAY share prices finished mixed on Wednesday after state-owned invest? ment institutions turned buyers. "Institutional demand was the steadying factor," broker Ashwin Shah said. gave the market some confidence." The Bombay Stock Exchange index ended 1.26 points up at 1,818.52, afte* peaking at 1,837.68. The national index! gained
        53 words
      • Article
        Untitled
        408 23 Close Previous Sep 26 AUSTRALIA All Ordinaries Index 1.568.5 1.560.5 8.0 All Industrials Index 2.4118 2,401.7 +11.1 All Resources Index 921.2 915.8 +5.4 Turnover (million) 127 ||9 BANGKOK SET Index 693.05 691.88 +1.17 Turnover (billion baht) 1.52 1.64 -0.12 JAKARTA Composite Index 255.12 258.28 -3.16 MANILA Composite Index 965.31 973.67
        408 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Nasdaq hits new high, Dow slightly weaker
      • Article, Illustration
        NEW YORK
        1235 24 WALL STREET blue chips capped off another listless session with mild losses but smaller issues edged ahead to a record close on Wednesday. Investors Were reluctant to move aggressively into the market ahead of earnings reports. "It's turned into a waiting game to if the Fed will lower
        1,235 words
      • Article, Illustration
        LONDON
        712 24 A NEW round of bid speculation pushed share prices higher on the London stock market on Wednesday, and gains were underpinned by an improved futures market. The blue-chip Financial Times Stock Exchange 100-share index, which fell 2.9 points on Tuesday, gained 21.2 points to close at 2,597.8. The narrower
        712 words
      • Article
        FRANKFURT
        295 24 GERMAN shares reversed early gains to end slightly lower on Wednesday, but traders said the downturn was coincidental and did not reflect a clear trend in the market. The 30-share DAX index fell 1.22 points to end at 1,625.41, after rising as high at 1,634.04 just after the opening.
        295 words
      • Article
        AMSTERDAM
        363 24 DUTCH shares ended an uninspired session mostly unchanged on Wednesday although a weaker bias was seen in blue-chips and internationals. "There is still a lack of buying and volume is low. There were some orders in the morning from the public but there were no fresh incentives for larger
        363 words
      • Article
        PARIS
        161 24 BUYING activity in Alcatel Alsthom and Eurotunnel dominated the Paris bourse on Wednesday, but the share index ended lower as consolidation erased early gains, traders said. "The market has been unable to breach the 1,900 level and we seem to be consolidating now," one dealer said. The CAC-40 index
        161 words
      • Article
        JOHANNESBURG
        338 24 THE continued strength of the financial rand bedevilled the Johannesburg share market on Wednesday, with sharp falls in leading currency-linked industrials dragging the market lower, dealers said. Gold and other mining shares held up well on support from firm world bullion prices. The JSE industrial index ended the day
        338 words
      • Article
        TORONTO
        262 24 BEARISH sentiment about the economy and upcoming third quarter earnings overrode buying on weakness, sending the Toronto market lower in afternoon trade to close down slightly on Wednesday. Volume was again thin as investors waited for further developments. Recent corporate earnings reports have largely been disappointing, and analysts are
        262 words
      • Article
        ZURICH
        231 24 SWISS shares ended a moderately active session lower on Wednesday. Dealers said investors still lacked confidence in the market while there was no substantial sign of lower interest rates. The all-share SPI index closed S.l points lower at 1,081.5 while the SMI index of leading shares eased 7.2 to
        231 words
      • Article
        BRUSSELS
        183 24 BELGIAN shares ended lower in thin trade with activity limited to small sellers covering their positions on Wednesday. "There was no real volume people are pessimistic and only the small sellers are trading," said one dealer. The stock price of holding company Societe Generale de Belgique and its non-ferrous
        183 words
      • Article
        STOCKHOLM
        193 24 BLUE chips on the Stockholm bourse fell back from early gains to close lower in moderate trade on Wednesday. Dealers said investors remained cautious pending the formation of a new centreright coalition government. The bourse general index fell 0.33 per cent to 1,050.10 in turnover of 339 million crowns.
        193 words
      • Article
        Untitled
        186 24 Sep 25 Close Previous NEW YORK Dow Jones 3,021.02 3,029.07 -8.05 SAP 500 386.88 387.71 -0.83 Turnover (million) 153.91 171.5 -17.59 LONDON Financial Times 30 2,028.9 2,009.4 +19.5 FTSE 100 2.597.8 2,576.6 +21.2 Turnover (million) 596.2 452.4 +143.8 FRANKFURT DAX Index 1,625.41 1,626.63 -1.22 AMSTERDAM CBS Tendency Index 90.6 90.6
        186 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar finishes higher in late Asian trading
      1141 25 REPORTS Reuter Tokyo: The dollar firmed in thin late Asia trade yesterday on European buying and short-covering, dealers said. Some dealers are bullish on the dollar's near-term direction after it firmed past resistance at 1.6850 marks. "The dollar has seen its temporary
      Reuter  -  1,141 words
    • Article
      INTERBANK FOREX RATES
      386 25 Cross rates US$ SS MS Dm Yen SFr A$ NZS USS 1.6940 2.7465 1.6820 133.35 0.5764 1.4640 1.2563 1.7483 SS 0.5903 1.6213 0.9929 78.7190 0.3402 0.8642 0.7416 1.0320 MS 0.3641 0.6200 0.6124 48.5527 0.2099 0.5330 0.4574 0.6365 Dm 0.5945 1.0071 1.6329 79.28 0.3427 0.8704 0.7469 1.0394 Yen
      386 words
    • Article
      MONEY MARKET
      535 25 Interbank rates SS Bid Offer Overnight 4 3/8 4 1/2 1-month 4 5/8 4 3/4 2-month 4 11/16 4 13/16 3-month 4 11/16 4 13/16 Overnight mode: 4-1/2 USS m Offer 7 days 5 1/2 5 5/8 1 month 5 7/16 5 9/16 2 months 5 3/8 5
      535 words
    • Article
      Lock icon Chase unloading most of its junk bonds
      387 25 Reuter NEW YORK Chase Manhattan Corp, the third-largest bank in the US, joined a growing corporate exodus from the junk bond market by putting up for sale more than three-quarters of its US$lOO million (Ssl7o million) high-yield portfolio. "We want to sell our
      Reuter  -  387 words
    • Article
      Lock icon EMU debate pushes up demand for European currency unit bonds
      476 25 Reuter LONDON As another supranational borrower joined the ranks of those raising funds in the European currency unit (ECU), institutional investors continued to pour into the market, spurred by their fixation with European Economic and Monetary Union (EMU). "The EMU
      Reuter  -  476 words
    • Article
      FINANCIAL FUTURES
      1013 25 SIMEX EUWOOOOM Open High Low Sett Est Vol Op/Int Vol Dec 91 94.24 94.26 94.23 94.25 6797 ***** 6099 Mar 92 94.34 94.37 94.33 94.35 4500 ***** 3701 Jun 92 94.07 94.09 94.07 94.09 1240 3581 1019 Sep 92 93.68 93.71 93.68 93.71 520 2114 979 Dec 92-
      1,013 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • COMMODITIES
    • Article, Illustration
      Lock icon Oil prices set to go higher despite Opec agreement
      346 26 Reuter GENEVA The price of oil looks set to carry on rising despite Opec's agreement to produce almost as much as it can for the rest of the year. Oil ministers were confident an accord they struck on Wednesday putting fourthquarter
      Reuter  -  346 words
    • Article
      Lock icon Canadian pulp, newsprint mills face one of their worst years
      264 26 Reuter VANCOUVER, British Columbia Canadian puip and newsprint mills are having one of their worst years on record because of tumbling prices, a global production glut and competition from South American and European producers, industry spokesmen and analysts said. Spot
      Reuter  -  264 words
    • Article
      KL tin closes higher despite drop in London
      767 26 REPORTS THE PRICE of tin added one sen to MS 14.86 per kg on the Kuala Lumpur Tin Market on small offerings yesterday. Dealers said the London Metal Exchange was however down by US$5 due to lack of trading activity. At the
      767 words
  • Article
    PRICES
    1357 26 Rubber &p26 WSOHiMm) Scents/kg Noon Close Int I RSS Prompt 134.Myi35.50N I34.2VI35.25N Int I RSS Oct 91 135.50/136.00 135.25/135.75 Int I RSS Nov I37.2VI37.75 I37.0(VI37.50 Int 2 RSS OP 135.00/137.00N I35.00/I37.00N Int 3 RSS OP 134.50/136.50N 134.50/136. SON Int 4 RSS OP 130.00/132.00N 130.00/132.00N Int 5 RSS OP I26.00/I28.00N
    1,357 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      989 26 __BJJ_SJ_N. ESS TIMES TBLBPHOWB: 730-3771/5772/5773 PAXt 734-4982 HUA KWEE BUILDING MATERIAL PIE LTD (Incorporated hi (fee RepsMic of Singapore) The tottering share certificates have been reported lost, mislaid or destroyed:Memo of Shareholder Certificate No. No. el Shares YeoTeckSing 3 1 -do- 5 7,499 Chan Han Hwee 2 1 -do- 6
      989 words
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      Page 26 Advertisements Column 2
      6 26 Innovation Technology in BT every Tuesday
      6 words
Page thumbnail Page 27
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    942 27 W ETA F%»tETD Ms MMM GA970 2245 GA976 2310 Mgfc B742 1815 0— RJ182 1400 AMMM KL837 1255 SQ24 0100 SQ23 1815 KL838 2240 0A47I 2365 AHMM4 NZ35 1550 SQ325 2115 SQ338 2030 NZ36 2330 BAI2 2200 BaatfarM SQ181 1410 SQ182 0915 *M0Mk Qf62 1130 TG402
    942 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Sights so different yet so familiar
      617 27  -  POSTCARD FROM MOSCOW By Martin Nesirky Beggars approach you on the streets in Moscow these days, there's pornography on sale in the underground and derisive taxi drivers roar away in a cloud of low-octane exhaust fumes if you decline to pay in dollars. Six
      617 words
    • Article
      MONEY CHANGER RATES
      155 27 As at 3pm yest erday Local dollars to on ie unit of foreign currency Currencies Bid Offer Australian dollar 1.3402 1.3516 Canadian dollar 1.4768 1.4992 NZ dollar 0.9S28 0.9913 Sterling pound 2.9254 2.9503. US dollar 1.6900 1.6950 Local dollar* to 100 i inhs of forcfga carreacy Austrian
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      22 27 pumic r 1 Vg mi Td HMR, zun ssl—. "r»" scp2 7 [iTiTL Household. Home. AB 2£JS«idi Info Print
      22 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      38 27 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. know Bunpc ton «at to Rmrit
      38 words
    • Advertisement
      Page 27 Advertisements Column 2
      297 27 _B_y_S_L_N_E_S s TIMES TELEPHONE: 7 3 0-5771/5772/5773 FAX: 734-j4982 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO ANO THE MATTER Of LEJL PRIVATE LIMITED (M MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutee signed by representative of Holding Company relating to proceedings of subsidiary Company pursuant to Section 179(6) of
      297 words
    • Advertisement
      Page 27 Advertisements Column 3
      294 27 In «M matter of TMi OOMPAMCB ACT, CAP. SB antf In the matter of LMURI WORLD PTI LTD IN MUMCRO* VOLUNTARY VMNDMQ-UP) NOTICt 6 HEREBY He Qn«ora of the NxxwwmeU Compnry, wNsh li bttng wound up voto- «loqukod on or baton 29t October. 1801 to aand In t*r rms and
      294 words
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      Page 27 Advertisements Column 4
      272 27 In Vta mattar of THi COMPAMIU ACT, CAR. #0 and In mattar of RUMOURS INTIRTAMMDfT FT! LTD |N MUMCRt* VOLUNTARY WINOiNO Uf) Credton of Vw abOMaramed Compary, wrtch b being wound up vduv My, art required on or Mora 20* October. 1001 to aandh fair rwma and addnaaeaa wAh Vw
      272 words
    • Advertisement
      Page 27 Advertisements Column 5
      245 27 In Ihe matter of THiCOMPAMMACT.OAR.M In the matter ef WKNPTILTD ON kMMWMrvOUJNTARY NOTCESHEREByONBIVwttoe 1 Oadtora of Via abotanamed Oomk pery.wrtch la balng wound wpvdurv h My, ara required on a Mora 26th 1 October. 1091 to eend In their rarnee 1 and addeeeee wtti tw partaJare d Vmv debts or
      245 words
    • Advertisement
      Page 27 Advertisements Column 6
      314 27 THECOMPANESACT, CAP. 50 LAVBW TRAONG (S) PTE LTD (In Voluntary Liqunaian) At Extraonfrary Gmnl Meeting of Ik compeny M on Im 20k of September 1991, tie totoMng 1 Specßl ReeohHion was duly passed> "THAT the Company be wound up vdunMy pursuant to Section 290(1 Kb) of InCompanies Act, C* 50
      314 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      162 27 13 The German includes Carpet and a cross placed 19 Some most popular naiveTo?) 0 80 26 A drop in the ocean (3-4) 8 Observes a mineral is a 23 Not in favour of the small 27 Resolute enough to put a most disagreeable thing (7) child getting shellfish (5)
      162 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      215 27 Singapore Outlook: Hazy with showers mtr few areas in the late morning and early afternoon. Report Maximum temperature 32.2 Assoc humidity..... 68% Minimum temperature 24.5 Assoc humidity 98% Hours of sunshine 7.55 Rainfall in mm Nil Rainfall this month 110.4 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond.
      215 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      29 27 man you'PL\ NgfiRLY HM? V i PONT to I khock BERjReX M-rKacJ SoWXnIY toOK UP ir- Qfou cox I VinD SOU tOCTotJG c evoawo «tamqa«d co. ltd, m»-wn r
      29 words
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  • Article, Illustration
    Sarawak's ruling alliance expected to retain power
    486 28  -  But two factors threaten its chances of getting two-thirds majority From Leslie Lopez in KUCHING VOTERS in Sarawak are expected to return the ruling three-party coalition of Chief Minister Tan Sri Taib Mahmud when they go to the polls today and tomorrow. But
    486 words
  • Article
    Lock icon Gorbachev names new political council
    403 28 Reuter MOSCOW President Mikhail S Gorbachev on Wednesday named his new Political Consultative Council, a team of prominent reformers that does not contain a single hard-liner. The legal role and powers of the nine-member council have not been defined. But it is widely expected to
    Reuter  -  403 words
  • Article
    Pretoria hints of a southern African free trade zone
    271 28  -  By Salil Tripathi SINGAPORE Southern Africa can be a mineral-rich free trade zone in the near future and form a gateway to Africa, according to Peter John Botha, the South African Consul-General to Hongkong. Consisting of mineral-rich South Africa (diamonds, titanium,
    271 words
  • Article
    Johor may want quotas for some S'pore-bound goods
    412 28  -  From Kenneth James in KUALA LUMPUR JOHOR may ask the Malaysian federal government to consider imposing quotas on the export- of certain essential commodities to Singapore if their export is shown to be causing local shortages and higher prices. Tan Sri Hj
    412 words
  • Article
    Lock icon I donated to Aussie party under pressure: S'pore businessman
    255 28 Reuter BRISBANE A Singaporean businessman told an Australian court yesterday he was pressured to donate A 5200,000 (*****,000) to the political party of former Queensland premier Sir Joh Bjelke-Petersen. Robert Sng Swee Lee told the Brisbane District Court he made two
    Reuter  -  255 words
  • Article
    Lock icon UN-Iraq impasse in its second night
    115 28 Reuter BAGHDAD A deadlock between the United Nations and Iraq which has marooned 44 nuclear weapon investigators in a Baghdad parking lot went into its second night with no sign of a breakthrough. They have been blocked in the rear courtyard of an official
    Reuter  -  115 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      390 28 Nikon The World's Finest Photographic Systems MASTERPIECES A Feast Fit For World Leaders world renowned Diaoyutai State Guesthouse and MENU OF After months of orchestrated planning and Bei J in B Hotel the nckjvelle eight Of the Hfl Sp*cy ox tripe with Sic/mum peppercorn sauce discreet execution, Tung Lok Shark's
      390 words
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      Page 28 Advertisements Column 2
      6 28 Nikon The World's Finest Photographic Systems
      6 words
Page thumbnail Page 29
  • ShippingTimes
    • Article, Illustration
      SNSA to raise paid-up capital for new members
      457 29  -  By Selva Kumar SINGAPORE In a move to upgrade the quality of its membership, the Singapore National Shipping Association (SNSA) has decided to increase the paid-up capital requirement for its new members. The move, to raise the requirement from $25,000 to $100,000,
      457 words
    • Article
      Lock icon Force BA to publish cheap fares, Virgin urges govt
      278 29 Reuter LONDON Virgin Atlantic Airways Ltd, British Airways pic's (BA) main UK competitor on transatlantic routes, has asked the government to force BA to publish details of the cheap fares it is planning to start selling next month. It fears that
      Reuter  -  278 words
    • Article
      Lock icon Warning to EC on de Havilland sale
      171 29 FT TORONTO Canada has tfflfrned the European Commission that de Havilland, the Toronto-based aircraft maker, will collapse if Brussels blocks a Franco-Italian bW for it. 2JJhe warning, delivered by senior government officials during a visit to Canada by Sir Leon Brittan, European Competition
      FT  -  171 words
    • Article
      Lock icon Vietnam, China reopen phone links
      159 29 Reuter HANOI Vietnam and China have officially reopened direct telephone links, one of the first steps in the full normalisation of relations between the two old enemies. Direct phone contact between Beijing and Hanoi was resumed on Sep 22 but both countries officially inaugurated the
      Reuter  -  159 words
    • Article
      INDEX TO ADVERTISERS
      1241 29 Page Col ABC Containerline 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 cWare housing 15 4 Arrow Int 9 4 Asian
      1,241 words
    • Article
      SIA to start US east coast services earlier
      344 29  -  The carrier will fly three-times weekly to New York By Rahita Elias SINGAPORE National carrier Singapore Airlines is expected to launch services to the US east coast sooner than planned. An informed source told BT that SlA's Singapore-New York offering, initially planned
      344 words
    • Article
      TWRA cuts currency charge from North America to Korea
      277 29 SINGAPORE Cargo bound for Korea from North America onboard member lines of the Transpacific Westbound Rate Agreement (TWRA) will attract a lower currency adjustment factor (CAF) surcharge from next month. In a statement from the US on Wednesday, the TWRA said
      277 words
    • NEWS SUMMARY
      • Article
        Thrust reverser the culprit?
        34 29 NEW tests have strongly indicated that the failure of a device called a thrust reverser could have caused the Air Lauda 767 to crash in Thailand in May Page 2
        34 words
      • Article
        Air France to lay off 3,000 to cut costs
        41 29 AIR France announced on Wednesday a major belt-tight-ening and job-cutting plan aimed at achieving profitability in 1993 and preparing the carrier to face heightened competition from US and Asian airlines Back Page
        41 words
      • Article
        Japan to develop less costly satellite rocket
        46 29 IN a bid to compete in the international satellite launching business, Japan has decided to develop a relatively inexpensive rocket by 1995 by combining several stages of older rockets, according to the National Space Development Agency (NASDA). Back Pa«e
        46 words
      • Article
        US Navy likely to buy fewer Seawolf subs
        45 29 THE US Navy is likely to buy only a few of its 30 originallyplanned Seawolf attack submarines and will seek to develop a less-expensive replacement in the next decade, the chief of naval operations said Back Pate
        45 words
      • Article
        Direct calls to Angola new available
        27 29 TELEPHONE subscribers will be able to call direct to Angola in Africa from Oct 1, said the Singapore Telecom Back Pate
        27 words
    • LOG BOOK
      • Article
        DSC wins MCI contract
        42 30 DALLAS DSC Communications Corp said it received purchase orders from MCI Communications Corp totalling over US$5O million for components of MCl's fiber optic telecommunications network. DSC said the orders are for digital cross-connect equipment and DSC tandem switches.
        42 words
      • Article
        New access code for M'sian mobile phones
        105 30 SINGAPORE The Singapore Telecom has announced that the access code for connection to Malaysia's mobile phone networks from Sunday will be changed to 020. It said that the jchjinge caters to the increasing demand for telephone num--tifeffs in the Malaysian mobile phone network.
        105 words
      • Article
        Aussie ports return to normal
        78 30 SYDNEY Australian ports returned to normal yesterday after a 24-hour seamen's strike to protest delays to changes in compensation and rehabilitation laws, a spokesman for the Seamen's Union of Australia said. The strike by about 10,000 "Seamen, deckhands and tugboat operators from three unions, disrupted
        78 words
      • Article
        Brazilian workers on strike
        59 30 RIO DE JANEIRO Workers at Santos, Brazil's largest port, has started a 24-hour strike, a union director said. The four unions representing over 8,000 workers met on Wednesday night and three of the unions had voted in favour of a one-day strike, said Jurandir Franca Hora,
        59 words
      • Article
        Soviet firm unable to deliver fuel
        68 30 NEW YORK Valero Energy Corp said the Soviet oil export agency Soyuznefte told the US firm late last week it would not be able to load a fuel shipment scheduled for the end of September. "They sent us a telex and said they would
        68 words
      • Article
        United Air seeks financing
        90 30 WASHINGTON United Air Lines Inc, a unit of UAL Corp, filed with the Securities and Exchange Commission for up to U*****.9 million of pass through certificates backed by aircraft equipment notes. The offering, known as 1991-A pass through trusts, will be offered as Series 1991-A1 and
        90 words
      • Article
        Pan Am files revamp plan
        48 30 NEW YORK Pan Am Corp and its committee of unsepufed creditors filed a reorganisation plan under which all of the company's capital stock will be owned by Delta Air Lines and Pan Am's current unsecured creditors, with Delta providing US$5O million in equity.
        48 words
    • Article, Illustration
      Thrust reverser the culprit?
      949 30  -  Lauda Air founder Niki Lauda is staking the future of his airline on new tests to probe the cause of the Boeing 767 crash in Thailand last May, reports Samuel Perry 1 Samuel Perry NIKI LAUDA is pegging the future of his fledgling airline on the
      949 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      470 30 Sept 23 Carton C*t>on Ij* DeraityWater ftetidue Ash Ataman Sedment DenstyMatar Rendu* Mi Hmmmm So*** m/M *m: Exxon Exxon KG/M'3% V/V M/M t M/M PPM method KG/IT3* V/V M/M M/M PWI metho# ISO/CamK femts Spec E25 ***** 15.0 0.10 30* 0 10* tII Spec G35 *****
      470 words
    • Article
      Lock icon DAILY FREIGHTS
      811 30 Reuter TJ4E FREIGHT market on Wednesday saw the weakness in the Panamax sector persist but ,chartering in some other sectors looked brighter, dry cargo brokers said. The Baltic Freight Index Idropped one point to 1,522 and -most Panamax routes were lower with the exception of the US GujftJapan
      Reuter  -  811 words
    • Article
      THE SHIPPING GUIDE
      9517 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
      9,517 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        669 45 I!??! Onwrtat ins* fay No Berth km* Ihpartin Marina Terminal 1 Southern Gl 12E/9I P09B 26.09/2359 28 09/2300 Batam Baru B93 M05 atoi*s*Je 26 09/2300 Tss 9US91 PW 2609/1500 26 09/1900 Brastag 1 38/91 M01 alongside 2609/2300 Btm Bahagu *****1 M04 aloqjside 27 09/2300 Sembawang Terminal CW
        669 words
      • Article
        CONTAINER SCHEDULE
        863 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookht/bbnct Mb »P toy No Etto/Btr Pnod From To From L"* 158 28/1800 1 26/1500 26/1659 26/1900 2 26/1700 27/0659 27/0900 3 27/0700 27/1159 27/1400 27/1200 27/1459 27/1700 29/0300 4 27/1200 27/1459 27/1700 Arabian Sea 127E 29/0700 3 27/0700
        863 words
    • Article
      Lock icon Air France to lay off 3,000, merge with UTA to cut costs
      356 46 IHT PARIS Air France announced on Wednesday a major belt-tightening and job-cutting plan aimed at achieving profitability in 1993 and preparing the carrier to face heightened competition from US and Asian airlines. I The plan, presented to the
      IHT  -  356 words
    • Article, Illustration
      Lock icon us Navy likely to buy fewer Seawolf submarines
      349 46 Reuter WASHINGTON The US Navy is likely to buy only a few of its 30 originallyplanned Seawolf attack submarines and will seek to develop a less-expensive replacement in the next decide, the chief of naval operations said. Adm Frank Kelso told reporters
      Reuter  -  349 words
    • Article
      Calling Angola
      114 46 SINGAPORE Telephone subscribers will be able to call direct to Angola in Africa from Oct 1, said the Singapore Telecom. Singapore callers will have to dial 005-244 followed by the called party's telephone number. Between Mondays and Fridays, they will be charged the standard rate of 58 cents
      114 words
    • Article
      Lock icon Japan to develop less costly satellite rocket
      488 46 Hybrid aimed at new market for smaller rockets NYT TOKYO In a bid to compete in the international satellite launching business, Japan has decided to develop a relatively inexpensive rocket by 1995 by combining several stages of older rockets, according to the National
      NYT  -  488 words
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      20 29 UMt mml MrvkM nprfaUd Mimkin «f Um Mgtotry «f AccnM* (*B?SWfc y vJ^/y /•>*■ advertisinx enquiries, contact Shipping limes: lei 74()-2tm/740-2tm
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      113 29 CONGRATULATIONS Best Wishes to TOYO TRADING (PIE) LTD I (Ship Chandling Trading) #25-04 Jalan Sultan Centre, No. 50 Jalan Sultan, Singapore 0719. I Tel: 299 2046 Telex: RS ***** Fax: 297 2508 On their Official Opening \A TOYO I 1 SUMITOMO I I I SHIP CHANDLER I I CORPORATION I
      113 words
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      31 29 Contamer filietft* *H MyFntffe 2 Index to Mwrtaen J Stappim Gwte 10* 11 Slaps in Port 17 Sinppore Tidai 17 Tramport Dary 3 Veritas Report t Weather and Sea Condrbom -17
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      79 30 JHQN ScalpeLscissors_sutures_ BusinessTmes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. be kept weUtaformed to return, on E-ential information access every day through Business Time*. tgSSBSGSS?.KS.— potential and anticipates falling trends. Fluctaations in shares, in local, regional and nmjjunj.nj.ii.iu jl„_ix.. if. International exchange
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      941 31 e sHmio aqe c,e3 Mir// BOOKINGS TEL *****34 *****68 TERMINAL/CFS TEL: *****18 220 Eflflflfl fl kkJ Dedicated to Quality Service *****6 WWWFBWH P.GUDANG TEL: *****2/3 FAX. *****4 EXPORT "MP/WW luw lew* I WW lure Ihh w \*am./*nm I .-.I —cm i i j 2£3w» J7 M IS !w IM wSmfn"
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      1176 31 I I TRANSPORT MARY 35* J* Oct IS-lfc Seminar on Trading. Shipping and Bankina Doci ***** S!IAf!!T Inmarsat Mobile Satellite Communica £"*3 l ln,4ed b y Singapore Telecom, Singi pore Polytechnic and Inmarsat at the Singapore Polytechni s£^i^TS? &.fSs* Vtaon Kh S^.SEre/SS'stpS. Cn, ries, tel: 223-6118, 223-9108 or fax: 223-9929,
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      604 31 TWO SAILINGS TO JAPAN ARTHUR MAERSX V 9116 ETA SIN 30/9/91 METTE MAEBSK V9TOB ETA SIN 1/10/91 |a- I Vo gTA ETO f—d>r by lg, I Singapore MMar Data DESTINATIONS —J I I rn- I JS» wk -MM Uht* 9106 I/iooboohrs po,, CF»-3(V,23a9HR8 Mei it MAERBK 9106 1/10 2/10 2S/9
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      1002 32 V M LJ M ••^MFtTtTTnTnTmPT?"ITITSr^E7SWTI T 'Jralal *h jl I Hi r nBIMW iii VOY NO S'PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE |^^^fiMB^fIM9BHBR DRESDEN EXPRESS 01/338 28/9 16/10 18/10 217i0 ***** flHKni KASUQA 1 17/138 2/10 24/10 20/10 18/10 i"»»Jl KAMAKURA 19/139 4/10 28/10 22/10 21/10 WiPSE MONTE ROSA 15/339
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      615 32 I9EA9PAC SERVICE MffCT SOUTH PACfIC SERVICE SIN NOU SUV PPT COPIAPO 2601E8 5/10 IS/10 20/10 2S/10 -1 ALSO ACCEPTS* CMGO MA SUVA TO: LAUTOKA. PAGO PAGO. APIA ft NUKUALOAFA DUECT CHLE/ SOUTH AMERICAN SWMCF SIN IQQ ANF VAP CLX COPIAPO 2SOIEB 5/10 8/11 10/11 IS/11 17/11 ALSO ACCEPTMC CAMP TO
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      1368 32 IfcßlW HHBB REGULAR N4DCPENDEMT FULL CONTAIPPP RfrRVfCC WESTBOOW fcUHWfc SSSB VSI/VOY m als aa m a M AIT IN (IB («l SORASI! 3 jy w 1§ a/10 »?W 27/lt 21/10 SSKSS SSSSSI B«ii 0 01/" 03/11 M/U 07/11 07/11 00/11 00/11 10/11 2 iiM 1 03/11 04/11 00/11 10/11 01/11
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      1455 33 I SgjSteamers Maritime Holdings Lti IW* P&O I pUM i'iion'i 1 11ui'i 1 iini Containers MgJa a lw ■iiiHHliHlflwHHUKßflKUftlllHyUH IVayNaNO Nlta(#fM IrpmlMi tn M M Mb« wou mi mm a/m wm m/m is/it 17/11 u/it *®S3? M «*J UtMMBBI till 2t/tt 2t/tt Zt/tt My It 17/lt- It/It 21/1121/ it |UUM
      1,455 words
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      47 33 j MV "GREAT STAR" 25-30 SEP DUBAI I MV "GLORY STAR" 18-20 OCT B. ABBAS j S pore: Seacross Shipping Chartering g T«fc *****51 Fax: *****70 Tbc ***** SECKOS g Dubafc World Seas Ships Agencies (Est) f T«fc JMOOO Fac W7619 nJfc ***** WSSA EM g •#M4»eMiii<iii(ii4iei<i^eweeeeeee#eSiilNM
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      1370 33 i ISE iii "li 7' i'""" J" ss SslSEs es z. h 'iiF CMOTMW CHMCI EFI4O 12/1# VII «/lI IS/11 IS/11 20/11 zt/ll O/U mam 7/M cnotmh wean etui is/is u/11 11/11 a/11 n/11 nm S/ii 2 2 "52 *52 H! IJ/ ,4/ 14 DM ROSTOCK EFI42 2S/1S IS/11 2S/11
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      318 33 I I I I I STRAITS/ JAPAN/ STRAITS SUVICE I SPECIALIST M WWIO I HEAVY UFTS if I I I wa |wr pi pic |n I —fW «l 1/11 WW -I- ll I mmw J nn |f I «—i u t%n i/i» -1 11 I miw t an I mkmum
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      543 34 bdjlttitti I CR NSW 11M*****00-0 EXPRESS SEMt-CINTAINEBSNIP SERVICE TO EUROPE :-«a/lor ISTOK HMM/MMM H'BUK MOO VmOf JMTMAM/30W 11/11 12/11 17/11 21/11 23/11 FAST TRANSIT TIME V BREAK BULK/CONTAINERISED CARGO 'CAsd lo muommul Also §ccopllao coiro to CihNmci, TrtBBtB 'ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CAM9O VIA T/S f0 UN ratTS, NULL.
      543 words
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      964 34 I I Iv HANJIN SHIPPING I tola RIM AM MM MV m. FEEDER VS. SM LME HAUL LGB OAK I HAfUN KAOHSUM 005* 30/9 18/10 19/10 20/10 20/10 21/10 22/10 HMUM SPORE OCX 1/10 ORKCT 21/10 1/11 HANJM HAMBURG 007* 6/10 24/10 25/10 26/10 26/10 27/10 2S/10 HAfUN MAUN OtSE
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      55 34 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS OPERATORS OF CARGO VESSEL, TUGS A BARGES SFBOALISB IN MtAVY-UPT, PROJECT CAROOBS TO ALL INDONESIA, MALAYSIA. THAILAND. FHUWB PORTS. OFFER CHARTERINO OP OUR CARGO VESSEL, TUGS A BARGES. TEL: *****26 FAX: *****63 INDONESIA:
      55 words
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      1163 34 *gm■"=* j J d-IH^T3a^B I, »a w m a* mi maniinouiMai m in mm mi w im hi cm in w I SRLViL VSL H,?.,yj* if w M/w wu ivu ivu a/u u/u u/n ivu u/n a/11 a/u n/u a/u wu wuwuwu s/u| JO* JVM wu wa a/M «/w a/u
      1,163 words
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      1284 35 V NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) r BOOKINGS: NEPTUNELINKTEL *****00 z USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 MK AUST/INDIA/PAKSERVICE: *****18 CFS K27 EXPORT *****53/*****04 w- FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA C K.L.-(03)
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      508 35 c 00 4 ssssssar i I r eastern europe m* I MBB CZECHOSLOVAKIA 6/10 N COLOMBO 8/10 HUNGARY 6/10 I BOMBAY 12/10 ROMANIA 6/10 KARACHI 12/10 YUGOSLAVIA 6/10 /X|FUI mMS VlO BULGARIA 6/10 CHITTAGONG 2/10 ?H II CALCUnA 1/10 Ewton mmmm far east wmmm ANTWERP 6/10 W Mill KAOHSIUNG 3/10
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      994 35 SINSOV M 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 71 EASTBOUW)—OtSCHRftONE MilbUlt*)—LOAON6 TmglgPU) W> HOTTTWWII I** 6 l» K lit law llt |«m \m
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      1528 36 K" W V- ft ICR No: **********0 M) W W V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ■J TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 V J V MALAYSIA: M K" LINE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia:
      1,528 words
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      1188 36 r PHILI-Oftl€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tai: *****22/*****69/*****00 TeUx: RS ***** PHIU FAX: *****7******3^1 BY AIR, LAND OR 5EA..... 1 WE TAKE ON THE WORLD FOR YOU fljtf j MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 1 OCT MONTREAL, OTTAWA, TORONTO, H 1 OCT
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      920 37 •ggatOff PACIFIC INTERNATIONAL UNES (PTE) LT ■5 SSSfM MmKK P»- Building, 140 Cecil Street ttttOO, SingaporeoloB. ■I [JAKARTA I IBANQKOK 1 I VESSEL VOV SM JKT SM VESSEL VOV SIN SKK SIN BUNQA TERATAI 3*3 J9/9 1/10 8/10 KOTA PAHLAWAN 0134 28/0 2/10 0/10 EDEN 401 1/10 )/10 0/10 KOTA
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      Page 37 Advertisements Column 2
      848 37 BEN LINE CONTAINERS hff) —> 29? S^°™? eru Road Tel: *****22 VESSEL VOY NOS SPORE lEHAVRE ROTTEROAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HQLLANO UK GERMANY/SCAN SWEDEN ~r, S5 22 13 isTio TtTio Pans f 336 28/9 18/10 ij/ioZ Z 348 1/1Q 18/10 19/10 i57T5 i£7io Nedtoyd Hoorn 346 3/10 25/10 £Tio
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      550 37 n7snPs7^^n M MYANMA VBk FIVE STAR UNE (Myanmar National Uaa) Loading lor Yaofon (Rangoon) I S pore P.KIf Pon P.GSf HPA-AR VIS7W In Port PAGAA Vl7s* Sated hi Part P4IVA (117R 7/9 Oct 11/12 Oct MERGUI VIO9W 15/17 Oct 12/14 Oct BANK LINf "aasaarsass" \l HEAVY UrrCAPABIUTY I EXPRESS TO
      550 words
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      113 38 r~r~Y PLATOU PAOM ttjPA SHIPPING SERVICES REGULAR PAR EAST N. AMERICA BREAK BULK I SERVICE OWNERS' REP OFFICE TEL: 222*111 SINGAPORE: FAX: 22S2SSS jra,SINGAPORE SAILED 31/10 JAKARTA SAILED 22/10 SURABAYA SAILED 27/10 KAOHSJUNG SAILED LOS ANGELES 17/10 RICHMOND 21/10 VANCOUVER 25/10 CR NO. **********0R INDONESIA: PT LAYAR SENTOSA SHPG CORPN
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      110 38 j£i cosco UKC CONVENTIONAL BERVICE AVESUEL SSL PN PA LOWMWaPOR: A VESSEL ROTTERO«*ANTV¥ERP CHINA CONVENTIONAL BERVICE AVES®. 25. PQI LXMDM9TOR VESSEL 2MM 3MM aUANOZHOUHUAM«>U COSCO FULL CONTAINER SERVICES (FCUFCL) EXPORT TO: CHNAVANQNOMWNQKONQ EUROPEKJONnNENML WEST MOXTLHHANEAM AUSTRALIA US WEST COAST ARAB PMHN OUAKARACM TO 00 COSCO BEMI CONTAINER SERVICES (FCUFCL) TO
      110 words
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      579 40 1 JTO AUSTRALIA/NEW ZEALAND I f l »*< M Iff |p cm m/u S7IT "iTu -77TT uTIT _—TS7IT I >—th« ■ai 14/11 n/n */n "T7IF ~tm liTiT p, I tmw turn m i/u 14/12 ***** 5717 *****- I mam am wit ~57i~ li7i~ ii7T~ I TO USA/CANADA i? I I
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      482 40 II »«M m». -M. mTS m. ,u. I S"— J SS.S "a.^-B^BBgggS=j:g-^S —II I «"Ti 1(11 "LI. ,t„ 2,,, —STJ ""»IU 111 ql I"I.. —g-SS""S .II »C* !A« *CI RUBY (ALSO ACCEPTMG Ftt 10 MROSHMA) J| -O.TS FWM tMW tlKmum snK i() mnn I I- 0 0 W)Y TTO SMZ
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      153 40 taCwf-T PtRUiAHAAN PPcMflflHd )m KALIMANTAN I direct weekly service to 1 JAKARTA/TG. PRIOK 1!5?.... EWETO DESTMTKM < 2Va I*"*/'***** 22 SI" ,V«, 30/1 £2 2M?.?™? 1 5/7 011 ""'/p*-**, 31 "J" I UI VM Ort «*M XXI Voy 22/91 11/12 Oct 1/2 Oct Mm. < 1 27/21 0e« mar M/
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      742 40 BMpptag Hme>, Friday September to lMi r\ I CHINA OCEAN SHIPPING COMPANY I I FULL CONTAINER LINER SERVICE I I SfS'jSSL''. SINGAPORE'S GENERAL AGENTS: HHWriMßra I I COSTAR SHOVING PIE LTD M. SLOBM. PUTM I I f. UMt-lffffiiSSrH'L'g!. Z2CI9M/*****33 KOOMESIA lUMTK I I raw aJSMfiiaS" W£2Bf nC(BW &lm<k?}££ mm I
      742 words
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      408 41 Come On! Shippers! We are offering Competitive rates to Far East, Europe, Mediterranean ports.... We Hancfle your consignment with Care. Ship your consignment on Time. And do it with utmost Efficiency. Don't hesitate and col us now! FAST DRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PAIEMBANG/MUNTOK eta etd loading for
      408 words
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      435 41 S TEL: *****33 (12 Lines) m FAX: *****19/*****03 IPO] TELEX: R8 ***** RISHIP (3 Lliws) HSMN am lim r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL I VESSEL |VOY ETA LOAOINQ FOR SPORE ABVOT 26W8 8/10 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA I METSANET 25W8 23/11 OARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      684 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD cm n* IT* swk port uum pcmamg BLUE MOC ?g/9 loading for Mate MNM HUDHU 30/9 loading for Calcutta WWW 19/9 loading For Mate mm* sumo* 23/9 20/9 Loading For Mate Domwum 30/9 Loaded For Fefcwaru woskss mm 30/9 Loading tor MaMnm
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      373 41 "8" W" 110S 29/9 1/10 CHAITA BHUM# 25N Mm 39/9 Itar VII DWM VIO MAN* BHUM# 7SN to 29/9 MM 2/19 1115 1/11 nanta mum mm iw 3/10 to «/iT~ dasaj*** 70S to 112S 12/10 15/10 m BENM BUM Q7N Mi 7/10 Tto 10/10 WANT* BHUM tIN Th» 10/10 to
      373 words
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      311 41 mmu tmhk V«L voy mtoAPom budwab mmtrom vessel voy sm MM sm TIGER STM 174N 30-39/99 97-09/19 lft-17/It TIGER MY 179N 03-04/10 10-12/19 19-19/19 TIGER STM 179N 14-19/19 21-23/1* 29-30/10 vSI voir mn^om^MjanjAmtnimom vessel vov sm cm. sm EMU BREEZE 07« H 21/N 03-07/10 D-14/11 LHOTSE 409 02-03/10 00-13/19 20-21/
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      936 42 S'PORE £S££S£ .PENANQ: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU fOMi 77ftfi7Q •P.KELANQ: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SIN PEN PK SIN 1/10 2/10 3/10 Ldn/Fli/Rdm/Ant Louis *)/9 lo n 2/10 11/ a 1/10 milllliiMi/ 2/10 29/9 30/9 1/10 Piraeus/Genoa/
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      41 42 OPS Orient Pacific Services (S)| Pie Ltd SIN LOADING FOR TBN 2-5 OCT Savannah. Charleston. Norfolk YANNIS II 15-20 OCT Lagos. Abidjan, Nouakchott •0, Marin* Parade Read #05-18 Parkway Parade S pore 1944 Tel: *****11 Fax: *****11 Tlx: R8 ***** OPBBIN
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      329 42 Jtafc; blue SIM LINE TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NTI ML in SIN PREMIER 14S 29/9 11/10 VIA NPI 13/10 30/10 MULBERA 23S 11/10 23/10 VIA NPI 25/10 11/11 MAHSURt 0506 26/10 C/U VIA NPI S/ll 25/11 FULLY CONTAINERISED
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      1145 42 I THONG SOON LINES PTE. LTV. I 77 ROBINSON ROAD #154)0, #16-00 SIA BUILDING SINGAPORE 0106 I I TEL: *****88 FAX NO: *****11. *****22 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO COWVENTIOMAUCfWAMM lfe SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA |l faUL |WY [ETA [OUT VESSEL
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      799 43 DE VAPOREB "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATMAM, HO* 1 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LAOWG. ftnanf* P. Holing Sinfiporo EHoio KAMUFfEKTT 29/30 S«pt THOMASKKTT 09/10 Oct 11/12 Oct KAXAOEVEKTT 23/24 Oct W2\ "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      500 43 ICZ3Z I H/115E31 N.AMERICA/CARRIBEAN SERVICES maa Ivor [aw hw—jwa [ui tar torn hrrc B ZM IB.BOUWC 21X 2/11 ZM PUSAK 3/11 12/11 11/11 11/11 2«/ll m unworn in 4/10 dm pumn 3/11 12/11 i«/u ia/11 20/11 m XMHSUNS 131E 11/10 2N MMNWH 0/11 11/11 22/11 24/11 20/11 ZM YOKOHMM 17t
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      591 43 MIDDLE-EAST/PERSIAN GULF ACCEPTINO FCL/LCL DUBAI. OAMMAN. SHARJAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDOAH FAR EAST ACCEPTINO FCL/LCL PENANG. 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 I ALL OTHER EUROPEAN PORTS INDIAN
      591 words
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      499 43 [la PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOY SIN JKT BBV PELOPOR 1007 28/09 01/10 DERAJAT 956 01/10 04/10 PRASETIA 203 A 03/10 06/10 PELOPOR 1008 05/10 08/10 DERAJAT 957 08/10 11/10 BONTANG PACIFIC 038 28/09 02/10 TANTO UTAMA 197 02/10 05/10 BONTANG PACIFIC
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      446 43 SM FM EAST 7/10 KEELUNG/KAOHSIUNG 2 6/10 BANGKOK 6/10 MANILA/CEBU 6/10 JAKARTA/BELAWAN/SURABAYA 3 6/10 PORT KELANG/PENANG/E. Malaysia 7/10 BUSAN 4/10 TOKYO/YOKO/KOBE/NGO/OSA 5 7/10 HONG KONG SjN CHINA 7/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EMOPE/UK 7/10 LDN/FLX/LVP/SOU 7/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO I also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech.
      446 words
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      838 44 «T FIL CONTAINER SERVICE PTE LTD MADRAS CALCUTTA BANGKOK VBL SIM/MAOIIAS 1 VSL SIN/CALCUTTA VSL BIN/BANQKOK MM SSI CAL SIN lOTAWUSU 2S-8/09 M-M/ll OMI/it KXTAVAUNU 27-20/00 04-00/10 14-15/19 KXTAVAIMU au, Tocl 29-30/01 OMO/10 14-15/10 1142/10 01-12/10 10-10/10 »im 4 Oct OM4/10 10-12/10 10-10/10 OM7/I0 13-17/10 2J-24/10 5 Oct 0 M
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      512 44 BontermJ CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 24 SEPT ALSO ACCEPT** CARGOES TO:WSSa ETA NEXT BANGKOK CONTERM P. PROGRESS 3/1* 10/11 JAKARTA CONTERM EDEN 24/9 1/10 PENANG CONTERM A. BHUM 22/9 27/9 PORT KELANG CONTERM SEROM 22/9 2S/9 EUROPE CONTERM ROTTERDAM 22/9 29/9 AUCKLAND CONTERM MANDAMA 24/9
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      377 44 Qsiimsl ftpsntr K f~-£jJRAMrL/A//C qA PENANO- KL:AU.HIH.MK SINGAPORE: m 04-*****2 *****8059 778 0822(22 LINES) jM W Marina Ong Suun Ng/Phlllp Km Iran* Chang/Eathar Yap i IRS KIM BHIPPINQ I E3 Tot *****11 Fax: *****11 COMAtBt/KHtO/BKEAKBUj SEMCES vcswl vov SIM jeo oue dam SAUDI TABUK* FEA 052 02/10 19/10 13/10 14/10
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      Page 44 Advertisements Column 4
      387 44 MANILA ETA VIGOUR PACIFIC 46NS 28 9 VIGOUR SINGAPORE 10NB 5/10 BANGKOK 29/9 6/10 BUSAW 29 9 610 HONGKONG 29/9 11/10 OURBAN/PT LOUIS 2«/9 9/10 KEELUNG 30/9 7/10 USA 30/9 7/10 PT. KELANG 3/10 5/10 KOBE 30/9 7/10 PIRAEUS 1/10 13/10 OSAKA 1/1Q S/1Q JAKARTA 30/9 4/10 SURABAYA 29/9 610
      387 words
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      272 45 KJ)c \Oc vQc Oc vCDc vQc V VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > X VOTAINER CONSOLIDATION SERVICES: 0 THE ONLY CONSOLIDATOB VyiTH WORIDWIDE NETWORK A V WeeWy FCtACI Series Tcvf rom I J r USA EUROPE M FAR EAST > OBatttmore Votanef Conso«<aion Services Ommeren Hamburg GMBft II:
      272 words
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      Page 45 Advertisements Column 2
      393 45 J-N-HllouH WEEKLY, FIXED DAY, T DIRECT CALL TO Nedlloyd Lines ROTTERDAM FROM JAN 1992 I HEW ZEJUJUM/Flil 1 sssis m# h i, E El' EIT »5 <B w w iw" ,c, »7r a;i: gs K32 v/.! Sb T. 1 ■J® to f/.! to to to Accepting P Chalmers wa Timaru
      393 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      276 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) NO* *****1M1200 0300 0460 0500 0(00 0700 0100 ****************************************1900 2100 2100 2290 2M JR nun 12 1.7 LI OJ 0.6 0.7 10 16 24 30 10 2.8 2.3 1.7 LI 0.6 0.4 0.3 05 0.9 1.7 PP 2.7 2.8 2.7 2.3 1.7
      276 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      546 46 ICHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAFdNE CO■ LIP. EABTB O UNP FEEDER TO PACIFIC BQUTH-WEBT TO PACIFIC NORTH-WEST rena wt wd m ism iwhm wmo m on a ut mu, wmo tch/» rn MN Ml 291 034 23/99 24/99 28/99 H. CHMIINGER 45C 93/19 21/19 24/19 29/19
      546 words
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      Page 46 Advertisements Column 2
      172 46 HI PT. CELEBES LINES dedicated feeder service to from Surabaya Vhml V °T ata Sin ata Surabaya Bontang Pacific 038 28/09 02/10 Tanto Utama 197 02/10 05/10 Bontang Pacific 046 05/10 09/10 Tanto Utama 199 10/10 13/10 Bontang Pacific 058 12/10 16/10 qPqJ General Agents: Lj Common Freight Carriers pte
      172 words
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      Page 46 Advertisements Column 3
      370 46 CHARTPOINT Every Saturday in Business Times IPPING RATts I^oOOWH V Jm. FremantleXa —X J Sydney Adelaide u Melbourne SIN JKT PEN PKL JOH BKK BSB MNL Til: *****11 *****66 *****8 *****98 *****2 *****29 *****3 *****76 Fax: *****59 *****14 *****8 *****88 *****6 *****17 *****5 *****79 PRE ADE MEL SYD BNE Til:
      370 words