The Business Times, 9 October 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Wednesday, October 9, 1991 75'
    10 words
  • NEWS SUMMARY
    • 55 1 TOKYO Japan has worked out an emergency aid package of up to US$2.5 billion for the Soviet Union. Senior government officials said yesterday that the aid package consists of three parts humanitarian aid, aid to promote trade and economic activity, and technical
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    • 64 1 JAKARTA The govern-ment-set daily minimum wage level for labour in Jakarta will be raised by 19 per cent to 2,500 rupiah by Nov I. The minimum wage applied to people with less than a year of work with the company and for 40
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    • 38 1 BOOSTED BY strong growth over the last three years, Singapore's air express industry is now generating about $120 million in revenue annually, says the director-general of the Civil Aviation Authority of Singapore Page 2
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    • 38 1 MALAYSIAN businessmen in the process of including nontraditional markets like Vietnam, Myanmar and Latin American countries to their foreign business list have been urged to prepare to add South Africa to it Page 7
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    • 19 1 THE START of work on Hongkong's controversial massive airport project has boosted property prices Page 7
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    • 21 1 JAPAN'S foreign aid scheme will be largely linked to the promotion of peace and democracy Page 10
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    • 31 1 AMERICAN apparel manufacturers who fled the US in the 1960s and 1970s in search of cheap labour in Asia are moving their operations back home Page 13
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    • 28 1 THE LAW profession is not keeping up with the changing world, said an Australian lawyer at the Lawasia Conference last month in Perth. Page 14
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    • 28 1 SINGAPORE-BASED firms were urged yesterday to better utilise existing electronic links like Tradenet and Portnet to sharpen their competitive edge. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 39 1 STOCK PRICES in Wall Street rose in early trading yesterday, after four days of losses. The Dow Jones average of 30 industrial stocks was up 10.29 to 2,953.04 at 1430 GMT in the first hour of trading.
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    • 25 1 LONDON share prices were higher near midday yesterday. At 1121 GMT. the Financial Times-Stock Exchange 100Share Index was up 4.8 points at 2,601.0.
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    • 36 1 SINGAPORE Food Industries Pte Ltd has merged with the food arm of Intraco, bringing SFI closer to its goal of being the largest wholesale food distributor in the Republic by 1993 Page 3
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    • 32 1 MALAYSIA Airlines (MAS) expects to earn M 52.788 billion (SSI.B billion) from passenger haulage and another M 5427.7 million from cargo handling in the 1991/92 financial year Page 3
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    • 33 1 HWA HONG Corporation and Parkway Holdings have won an appeal to have the development charge for their joint Singapore Warehouse project reduced from $40 million to $16 million Page 3
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 665.18 -4.55 Kuala Lumpur 508.26 0.01 Tokyo 24,330.83 -266.07 Hongkong 4,060.37 -7.32 Sydney 1,566.5 -12.6 Monday Change New York 2,942.75 -19.01 London 2.596.2 -28.4
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    • 23 1 Exchange rates USS SS 1.6900 100 Yen SS 1.3000 MS SS 61.63 Money market rates Overnight..™ 3% +3/4 3-month 4 5/16% -3/16
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    • 38 1 I —don Gold AM fix US$358.50 -US$0.70 Rubber S'pore Nov I41.50«/kg +0.50 M'sia Nov 226.00*/kg +1.50 KL Tin Turnover 89 tonnes -8 Spot MSI4.81 /kg -4 Crude palm oil Turnover 2,225 lots +963 Nov MS836 /tonne +2
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  • 536 1  -  Asean Economic Ministers' Meeting From Yang Razali Kassim in KUALA LUMPUR ASEAN is to have a free trade area within 15 years, Asean economic ministers announced yesterday. This important consensus was reached after two days of intense talks that had to
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  • 582 1  -  Offer of one MUMB share plus M$ 1.60 for two Beijaya shares By William Chia SINGAPORE Malayan United Industries' (MUI) Tan Sri Khoo Kay Peng has intensified his battle with Tan Sri Vincent Tan by formalising his partial bid for the
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  • 137 1 Reuter KUALA LUMPUR Malaysia will not increase the level of forced savings to curb consumption and inflation. "At this moment, I do not see the need to have more drastic measures, such as increased forced savings," Finance Minister Anwar Ibrahim told the New Straits Times.
    Reuter  -  137 words
  • 119 1 BT anniversary golf tournament SINGAPORE Green Fairway professional Chua Guan Soon was already two under par well into the home stretch. He carded a 67, which gave him and his partner, A Tezuka, 47 points and the Business Times Challenge Trophy and blazer at the Business Times
    Picture by Chris Loh  -  119 words
  • 350 1  -  By Chuang Peck Ming SINGAPORE Sesdaqlisted Material Handling Engineering is setting its sights on hitting the billion-dollar sales target. A management consultancy firm is currently helping the company to work out a long-term plan to meet this ambitious goal, says Mr Peter
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  • 395 1 Agencies TOKYO Japan's Ministry of Finance yesterday dealt out severe penalties to the scandal-tainted Big Four securities houses, slapping hardest at Nomura Securities Co Ltd. The ministry ordered Nomura to suspend stockbroking business and investment research at 79 offices in its headquarters
    Agencies  -  395 words
  • Page 1 Advertisements
    • 219 1 Fax Machines Laser Printers Electronic Lettering Systems LCall 743 8000 for further details Awcraft Schedule 29 KLSE 23 Weather 29 Commodities 28 Money Market 27 World News 10.11 Company News...— 3.4 Regional News 7,8 For market indices, editorial. Cryptic Crossword 29 Regional Stock Markets 25 advertising and circulation exEdltofial 12
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    • 19 1 Private sector to get bigger role in the region, Back Pg Nikko, Daiwa to tape phone calls, Pg 6
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 65 2 TO GIVE the Universities Endowment Fund a good start, the government will contribute $250 million each to the National University of Singapore and the Nanyang Technological University. President Wee Kim Wee launched the fund yesterday and said that in addition, the government will match
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      • 83 2 THE Third Asia-Pacific Conference on Automotive Technology and Management will be held at the Marina Mandarin Hotel from Nov 14 to 16. The conference, jointly organised by the Singapore Centre of the Institute of the Motor Industry and ITP Services, will feature speakers from
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      • 83 2 Coopers Lybrand's meeting COOPERS LYBRAND Singapore will host the firm's 35th international meeting, which will take place from Oct 8 to 11 this year. It will be the first time the meeting is held in Asia. About 200 Coopers Lybrand partners from the firm's offices worldwide are expected to attend
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      • 38 2 THE Metalworking Industry Safety Promotion Committee, with the Labour Ministry, will hold the opening ceremony for Safety Month on Oct 16. The theme for this year is "Work Safely Our Family Banks On It".
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    • 137 2 HORSBURGH Lighthouse, the Port of Singapore Authority's oldest, will soon be equipped with a helipad. Tlie October issue of the PSA's monthly publication Port View said that engineers had finalised their plan for the helipad. It is hoped that construction will be completed next
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    • 348 2  -  By Rahita Elias BOOSTED BY strong growth over the last three years, Singapore's air express industry is now generating about $120 million in revenue annually, according to director-general of the Civil Aviation Authority of Singapore (CAAS) Lim Hock San.
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    • 435 2  -  Survey shows Singapore companies lacking in service culture By Claire Leow SINGAPORE COMPANIES recognise the importance of customer satisfaction but seem to do little about making sure they provide it, according to a survey released yesterday. The survey conducted in June by
      435 words
    • 205 2  -  From Catherine Ong in HONGKONG A SINGAPORE student has beaten the American and Japanese favourites to win the Micromouse World Championships. Dark horse Lee Thiam Poon won the top prize of US$l,OOO (S$ 1,690) and an Apple Macintosh computer at the international championships, held at
      205 words
    • 369 2  -  By Schutz Lee SINGAPORE computer company Comtech IT will launch Singapore's first lowcost, notebook printer at the Comdex Fall '91 exhibition in the US in two weeks. Developed and designed at a cost of $5.5 million which includes a $66,000 grant
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  • Page 2 Advertisements

  • COMPANY NEWS 1
    • 474 3  -  New company owned by STIC, Intraco and Leong Moh By Genevieve Cua SINGAPORE Singapore Food Industries Pte Ltd (SFI) has merged with the food arm of a listed trading group, bringing SFI closer to its goal of being the largest wholesale food distributor
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    • 395 3  -  By Sylvia Wong SINGAPORE Hwa Hong Corporation and Parkway Holdings have won an appeal to have the development charge for their joint Singapore Warehouse project reduced from $40 million to $16 million. Mr Ong Choo Eng, the managing director of Hwa Hong Corporation, said
      395 words
    • 432 3 SINGAPORE Singapore Piling and Civil Engineering, a wholly-owned subsidiary of Hwa Hong Corporation, has clinched the $89.65 million contract for restoration works at the Clarke Quay conservation area. The contract involves strengthening the structures of five existing blocks of shophouses and warehouses
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    • 263 3 Bernama SUBANG Malaysia Airlines (MAS) expects to earn M 52.788 billion (Ssl.B billion) from passenger haulage and another M 5427.7 million from cargo handling in the 1991/92 financial year, its managing director Datuk Kamaruddin Ahmad said on Monday. Of the projected
      Bernama  -  263 words
    • 266 3 Bernama KUALA LUMPUR Malaysian conglomerate Sime Darby Bhd expects the boost in the manufacturing sector to drop the country's unemployment rates to around 5.8 per cent but further stretch the local labour market. As a result, staff training at all levels in the company
      Bernama  -  266 words
    • 301 3  -  By Lilian Ang SINGAPORE The InnoPacific group has bought another 10 per cent share in Spicers (Malaysia) Sdn Bhd, raising its stake in the papertrading related company to 70 per cent. The purchase comes barely a month after Inno-Pacific Holdings Ltd, through
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    • 233 3 SINGAPORE Acma Ltd is another step closer to its goal of taking over Gold Coin Ltd following the approval of its shareholders at an extraordinary general meeting held on Monday. The shareholders have approved Acma's proposal to acquire a 62.8 per cent
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    • COMPANY BRIEFS
      • 108 3 KUALA LUMPUR Repco Holdings Bhd made a disappointing debut on the second board of the Kuala Lumpur Stock Exchange yesterday, opening at its offer price of M 52.10. It traded between M 52.10 and M 52.36 before closing at M 52.36 for a 26-sen premium
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      • 112 3 KUALA LUMPUR Former Setron (Malaysia)'s chief operating officer, Abdul Murad Ahmad sold another 2.07 million shares in the company last month, paring his stake to 7.44 million shares. Mr Abdul Murad who as a chief operating officer earlier this year went on a "shopping spree"
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      • 69 3 SINGAPORE Jack Chia-MPH Ltd's wholly owned subsidiary in England, J C Hudson Ltd, has bought the business assets and undertakings of Blue Bird Confectionery for £2.3 million (about 556.7 million) in cash. The purchase comprised land and building worth 1.2 million, as well as plant, machinery, stocks
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      • 103 3 O SINGAPORE DBS Bank is offering a share financing package for the Singapore Computer Systems Ltd share issue. The terms include a loan quantum of up to 90 per cent of the tender price with application fee of $25 per application. The interest is fixed
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      • 96 3 KUALA LUMPUR Taiping Consolidated Bhd said the timber industry, which was partly affected by the Gulf War, has shown signs of recovery in recent months. Its chairman, Tan Sri Vincent Tan, said in the company's 1991 annual report that the activities of timber moulding subsidiary Finewood Products
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    • COMPANY BRIEFS
      • 99 4 LONDON A High Court judge has rejected an appeal by Polly Peck International pic chief executive Asil Nadir to dismiss action against him by nine creditors, owed some £80 million (Ss24o million), and ruled they could take the case to trial. The personal
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      • 73 4 HANOI Indonesia's Nilam group will contribute 45 per cent of the capital to build a US$3 million (Sss.l million) commercial centre in Ho Chi Minh City, the Vietnam Economic News reported yesterday. The project is part of a deal between Nilam and the Vietnam Export-Import
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      • 63 4 LONDON Reed International pic said its US unit Reed Publishing (USA) Inc, has bought the directories business of Macmillan Inc, a subsidiary of Maxwell Communication Corp pic. for £83.4 million (*****.2 million) cash. Macmillan directories, which consists of four divisions, made an operating profit of US$l3.3
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      • 50 4 TOKYO Contractor Kumagai Gumi Co Ltd said it will take a wait-and-see stance on big new development projects overseas, due to depressed real estate business and heavy debt burdens. "We won't start new development projects because of sagging real estate business worldwide and heavy interest burdens.
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    • 415 4 McDonald's to occupy premises of 9 out of 11 Toys outlets planned Reuter TOKYO Japanese parents may never know what hit them when Toys 'R' Us joins forces with McDonald's to open the giant US toy retailer's first store here in December.
      Reuter  -  415 words
    • 549 4 Cutbacks reflect country's economic slowdown NYT TOKYO Reflecting a slowing Japanese economy, major electronics companies have announced cutbacks in planned annual capital investment. On Monday Toshiba Corp said it is scaling back investment to 237.5 billion yen (Ss3.l billion) from an originally planned 250
      NYT  -  549 words
    • 278 4 FT NEW YORK Westinghouse Electric, the US conglomerate. is to take a US$l.6B billion (552.85 billion) third-quarter provision, mainly to cover problems in the depressed property market. It also unveiled on Monday a package of restructuring measures, including the replacement of
      FT  -  278 words
    • 497 4 Reuter NEW YORK IBM unveiled new personal computers on Monday for the home with more power and capacity to expand, while Compaq Computer Corp launched a new portable colour computer with the ability to create 4.000 different hues for
      Reuter  -  497 words
    • 361 4 AFP BANGKOK Thailand's Board of Investment (Bol) has given a tentative green light to granting tax incentives for the US$2.B billion (554.76 billion) mass transit project proposed by Hong-kong-based Hopewell Holdings. Mr Staporn Kavitanon, secretary of the 801, said after Monday's meeting
      AFP  -  361 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 68 6 HONGKONG A decision by Moody's Investors Services to review for possible downgrade the short-term debt of Hongkong and Shanghai Banking Corp (HKBank) came as a surprise. A spokesman for the bank said: "We're surprised that they're doing this, particularly in the light of the group's
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      • 56 6 LONDON TSB Group pic said it is to sell its Hill House Hammond insurance broking unit to Norwich Union for £34.5 million (Ssl billion). TSB said Norwich Union would pay the £34.5 million in cash for Hill House Hammond and that the deal would be
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      • 82 6 WELLINGTON The New Zealand Stock Exchange, welcoming a government decision to set up a takeover panel, said it should be based on the British model. Exchange chairman David Wale yesterday said in a statement that setting up such a panel would settle questions over takeovers
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      • 66 6 SAN FRANCISCO Society Corp's estimate that it will save US$l3O million (SS22O million) a year by 1993 from its planned merger with Ameritrust Corp is conservative, chairman Robert Gillespie said on Monday. "The numbers are conservative. The transaction is driven by our ability to save
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      • 52 6 BRUSSELS Belgium's financial markets watchdog, the Banking and Finance Commission, has referred two insider trading cases to the public prosecutor. The commission's president Jean-Louis Duplat said the commission had examined six cases, "and in two of the six cases we referred the dossier to the competent
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    • 337 6  -  Manulife Reinsurance aims to tap regional market By Quah Hiang Whai SINGAPORE A Canadian reinsurer has set up a branch in Singapore its first outlet in the Asia-Pacific in a bid to tap the reinsurance market in this region. Toronto-based life insurance giant Manufacturers
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    • 294 6 Asahi TOKYO Nikko Securities Co and Daiwa Securities Co will soon begin taping telephone conversations between their salespeople and clients in the wake of a scandal in which the two firms and many others compensated clients for stock market losses. The companies made the
      Asahi  -  294 words
    • 296 6 NYT NEW YORK The Federal Deposit Insurance Corporation is expected to reorganise and sell five troubled New Hampshire banks by the end of this week. The five banks, which together account for about 25 per cent of the US$2O billion (5533.8
      NYT  -  296 words
    • 400 6 NYT NEW YORK American Express Co is investigating whether its own executives falsified records to cover up a ballooning number of defaults on the company's Optima credit card, say Wall Street executives and lawyers. The company stunned many analysts last week when it disclosed that
      NYT  -  400 words
    • 331 6 Reuter NEW YORK American Express Co's Shearson Lehman Brothers took top honours for the second year in a row in an annual ranking of Wall Street research teams by Institutional Investor magazine. Shearson had the most analysts on Institutional Investor's All-American Research team, according
      Reuter  -  331 words
  • Page 6 Advertisements
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    • 99 6 rl This new Handbook provides an to |||||||H||||MHIIHIIHHIIIIiHiH[II I businessmen who are concerned with trade marks I in Singapore. a coverage I rules law the The book H| I three H I to trade marks including case studies on the subject. The Trade Marks Rules, 1991 B 1 IThe Trade
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  • THE REGION 1
    • 450 7 Trade sanctions against Pretoria expected to be lifted soon Bernama KUALA LUMPUR Malaysian businessmen who are in the process of including non-traditional markets like Vietnam, Myanmar and Latin American countries in their foreign business list, should also be prepared to add South
      Bernama  -  450 words
    • 223 7 KUALA LUMPUR The duty-free industry is growing in tandem with the tourism industry, says Shah Alambased stockbroking firm, Omega Securities Sdn Bhd. In a focus on soon-to-be-listed Sriwani Holdings Bhd in its latest weekly stock market review, Omega said it foresees fair growth for the
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    • 192 7 AFP SYDNEY Non-English speaking immigrants find it harder to get jobs and earn less than other Australians despite better education, according to a report released yesterday. Bureau of Immigration Research analysts said they had discovered "a marked level of disadvantage" in most
      AFP  -  192 words
    • 268 8 AFP HONGKONG Hongkong's property market has been stimulated by the start of work on the territory's controversial massive airport project and its related infrastructure, a survey said here yesterday. The Sino-British agreement to go ahead with the airport in July has breathed
      AFP  -  268 words
    • 247 8 BANGKOK Prime Minister Anand Panyarachun, frustrated by the inefficient bureaucratic system, said he may appoint a Cabinet member to be directly in charge of regional development, the Bangkok-based The Nation reported on Monday. It said that the Eastern Seaboard project, whose development
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    • 218 8 BANGKOK French helicopters are quickly making inroads into Thailand, while a joint venture manufacturing helicopter parts here may soon become a reality, Aerospatiale's local representative Yont Thongthai told the Bangkok Post, on Monday. Aerospatiale had so far sold 11 helicopters to Thailand
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    • 182 8 Reuter MELBOURNE Australian business remains generally pessimistic about the short-term economic outlook but the deterioration in business conditions may have halted, the National Australia Bank said in a quarterly survey report. "Trading and profitability conditions were not as weak (in the September quarter) as in
      Reuter  -  182 words
    • 190 8 Bernama KUALA LUMPUR A study on the franchising system in Malaysia is expected to be completed next year, Minister in the Prime Minister's Department, Syed Hamid Albar, said on Monday. The proposed system would be a whole package deal under which the franchisor provided
      Bernama  -  190 words
    • NOTE BOOK
      • 79 8 KUALA LUMPUR The government should allow foreign accountants to be employed in the country to ease the current shortage of more than 16,0 CX) accountants, an accountant has suggested. Syed Amin Aljeflri, a managing partner of Aljeflfri and Co, said there were at present
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      • 69 8 KUALA LUMPUR Botswana is inviting Malaysian businessmen to invest in the southern African state, particularly in the textile and garment industry. Its Finance and Development Planning Minister, Festus Mogae. said here on Monday that Botswana was offering various financial incentives, including tax relief for the first
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      • 62 8 JAKARTA Indonesia's quasi-Muslim United Development Party (PPP) will endorse President Suharto as a candidate for the next presidential term to start in 1993, PPP secretary-general Matori Abdul Jalil has said. PPP is one of the country's three government-recognised political parties. The other two are the ruling
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      • 69 8 JAKARTA The Organisation of Petroleum Exporting Countries (Opec) must revert to restraining output now that Iraq and Kuwait were returning to the market, Indonesian President Suharto said yesterday. He urged oil producers, both within and outside Opec. as well as oil consumers, to work together
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  • Page 8 Advertisements
    • 482 8 The Henley/Brunei MBA I The Singapore Institute of Management, in Higher National Diploma accredited by the I conjunction with Henley-The Management Council for National Academic Awards I I College and Brunei-The University of West (CNAA) or the SlM's Diploma in I I London, invites applications for the 15th Management Studies
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  • Page 9 Advertisements
    • 99 9 2 minuted walk to Sh enton Way. 2 minuted walk to Right in the heart of the Central Business District. o In October 1992, Savu Towers will rise dramatically from historic Change Alley Two state-of-the art office towers soaring 37 storeys and 33 storeys high Grandstand views of Marina Bay
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  • THE WORLD 1
    • 393 10 White Paper links assistance to promotion of peace and democracy AP TOKYO Japan's foreign aid programme, once known for its indifference to national politics, will go further than ever in encouraging democracy and pacifism, a government report says. But the Foreign Ministry's
      AP  -  393 words
    • 445 10 WASHINGTON The sharp increase in developingcountry arrears on loan payments to commercial banks is likely to discourage lending to many debtors in the mid-die-income countries, the US Information Agency (USIA) reported recently. Quoting Horst Schulmann, managing director of the Institute of
      445 words
    • 117 10 Reuter LONDON Britain's heavily-indebted consumers remain wary of spending any spare cash, and their caution could dilute the strength of an expected economic recovery later this year, say economists. "There will be an economic upturn later this year but there will be no significant upturn
      Reuter  -  117 words
    • 237 10 NYT NEW DELHI The US and India edged closer on Monday to solving a dispute over intellectual property rights that has threatened to precipitate retaliatory US action. Mrs Carla Hills, US Trade Representative, said in New Delhi she hoped the dispute
      NYT  -  237 words
    • 441 11 Talks aimed at jump-starting stagnant economy Reuter WASHINGTON US President George Bush was scheduled to meet his economic advisers yesterday to consider proposals to encourage more bank lending and jump-start a stagnant economy. The meeting of the Economic Policy Council, chaired by Treasury
      Reuter  -  441 words
    • 301 11 NYT PARIS Beneath their warm public welcome for President Mikhail Gorbachev's reassuring-sounding proposal for an orderly reduction in the Soviet nuclear arsenal, Western officials doubt that he can deliver. The fate of Soviet nuclear weapons is likely to be decided by
      NYT  -  301 words
    • WORLD WATCH
      • 84 11 UNITED NATIONS Almost one out of every five people live in conditions unfit for human habitation and the problem is worsening, the United Nations Centre for Human Settlements (Habitat) said on Monday. More than a billion people live in overcrowded and unsanitary
        84 words
      • 77 11 PORT-AU-PRINCE, Haiti A Haitian Supreme Court justice was named interim president on Monday, rebuffing diplomatic efforts to restore ousted President Jean-Bertrand Aristide, as violence and political chaos spread through the capital. The announcement of a provisional president, who is expected to be Joseph Nerette, to replace
        77 words
      • 84 11 ZAGREB, Yugoslavia Croatia and Slovenia, defying international reluctance to recognise them, pushed ahead with their drive for independence from Yugoslavia yesterday following the expiry of a three-month freeze on secession moves. Tanjug news agency quoted Croatian President Franjo Tudjman as saying his republic could not accept
        84 words
      • 64 11 SOUTH BEND, Indiana South African black leaders have urged American businesses to draw up an investment blueprint for the inevitable time when political stability and racial equality arrive in their country. "It is clear that South Africa is on the agenda of US corporations," said Thabo
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    • 321 11 FT SEOUL Rhee Young Man. South Korea's Finance Minister, has defended South Korea's pace of financial reform against criticism from trading partners. He expressed hope that a sevenyear plan for interest rate deregulation could be accelerated. He said in an interview that the
      FT  -  321 words
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  • Page 11 Advertisements
    • 702 11 I A f i" AUCTION l() HI til 10 AI yv 14 Ml RRAV SI. Pf RIM Ql \lll\ PRIVISIIOItI 11AM 111 SO AY 12 NOV. 1991 "^SHiMi!^, z 321 MURRAY STREET. PERTH LEASED TO HEYTESBURY MOLDINGS 5 year leasebackN/' 3 level recently refurbished building. 200 metres west of Murray
      702 words

  • 465 12 EDITORIAL THE latest trade figures are uncomfortable, to say the least. They show that the value of non-oil domestic exports for August actually shrank 2.6 per cent compared to the August 1990 figure, the largest such drop in over a year. Breakdown by country is not
    465 words
  • WHAT THE OTHERS SAY
    • 337 12 THOUGH some of the younger grassroots leaders the advantage of being national in the sense that they do not represent racially exclusive bodies, some of the leaders may suffer from a public perception that they have been "imposed" on the community rather than being local representatives who
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    • 71 12 SINGAPORE'S dependence on foreign workers seems to grow with time, despite the drive for automation and increase in capital investment per worker. Consequently a new two-tier levy scheme has been introduced to regulate the demand for foreign workers in the manufacturing sector. The new system is just
      71 words
    • 78 12 UNDER Japanese political traditions, it is not important who the next prime minister is. Apart from a few outstanding prime ministers, those who became PM after the war were very ordinary and not outstanding. Thus, the running of the Japanese government and the renewal of the political
      78 words
  • REGIONAL VIEWPOINTS
    • 137 12 SOVIET President Mikhail Gorbachev's offer to scrap all nuclear artillery weapons and nuclear warheads on short-range missiles is one of the firmest signs yet of the speed with which close relations between the United States and its former superpower rival are developing. Arms talks used to
      137 words
    • 227 12 IT WAS an inauspicious anniversary. Instead of the joyous tremors, tearful embraces and wild celebrations that excited the complexion of a newly united Germany just over a year ago, the first anniversary of the Day of Unity (which was formally celebrated on Oct 3, 1991) saw
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    • 134 12 JAPANESE Prime Minister Toshiki Kaifu has decided not to seek another term for the presidency of the ruling Liberal Democratic Party (LDP), which in effect means that he will have to step down at the end of his term later this month. This is sad because Mr
      134 words
  • 959 12  -  The opening of the Korean stock market is in line with the government's capital market liberalisation programme announced in 1988. John Ridding reports the forthcoming changes to the world's largest exchange which is still closed to foreigners. John Ridding FT IN LESS than three
    FT  -  959 words
  • Page 12 Advertisements
    • 401 12 T3I The Environmental Challenge: Solutions For the Future If Enviro Asia '91 is Asia's premier showcase on environmental technology, equipment ENVIROASIA *91 and services, and your best bet to tap into a mui&ttiion dolar marfcet that needs the expertise and solutions whkh only you can provide! Featuring major nationai groups
      401 words
  • Page 12 Miscellaneous
    • 42 12 DOONESBURY by garry trudeau Ml n SO7SU.MS TWUSUtL. ni tOUKNOU. IOUMMt, I USTSN.&ajF ABOUT iOUR- WATCHING fPf W IF&IU& PAHM/T! 1 OKAY. WHAT TV. HAVING iff jmh# IK KNOWN CAN MOO THISPOJSS&V- QKA/... ARtYOUIN- AFCWO&U&. J FASCIKI/XTiHF, I YOUMYWHCI6 HOMtNOUJ 7 I
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  • ANALYSIS
    • 1033 13  -  American apparel manufacturers who fled the US in the 1960s and 1970s in search of cheap labour are moving operations to Manhattan and Maine. Stephanie Strom reports. Stephanie Strom NYT THE clothing racks of American stores such as Macy's, Bloomingdale's and Saks Fifth
      NYT  -  1,033 words
    • 1019 13  -  Material Handling Engineering is confident it can achieve 1 billion in sales in the next decade. To this end, it has hired a consultancy firm to work out details of how to reach this target, reports Chuang Peck Ming. Chuang Peck Ming IT SOUNDS
      1,019 words
    • 712 13 Tuna fishing in the Eastern Pacific kills thousands of dolphins each year. As Italian canners are the biggest buyers of the catch, environmentalists are campaigning to stop them from buying the fish. Reuter Environmentalists are pressuring Italy's fish canning industry to
      Reuter  -  712 words
  • Page 13 Advertisements
    • 306 13 Manfred Kets de Vries Leaders create new visions, unleash and channel the untapped ar talent that exists at every level. Leaders of today have to prepare our institutions for the HT challenges of tomorrow. h Come and hear for yourself what you can do to revitalise the organisation you're in.
      306 words

  • THE LAW PAGE
    • 647 14  -  An Australian lawyer says the profession is not keeping up with a changing world. Selva Kumar listens closely Selva Kumar WHETHER lawyers in foreign jurisdictions are allowed practise the laws of those countries will depend ultimately on how "international cjpmmercial practice", as opposed
      647 words
    • 490 14 CASE. BANQUE INDOSUEZ V TAY SWEE ENG AND ANOTHER. High Court of the Republic of Singapore. Originating Summons No 792 of 1988. Justice Goh Joon Seng. BANQUE INDOSUEZ lent up to $1 million to a husband and wife to buy a
      490 words
    • 352 14 ELLE HOLDINGS PTE LTD V MABEL LIM AND ANOTHER. High Court of the Republic of Singapore. Originating Summons No 377 of 1991. Justice S Rajendran. THE DEFENDANT, Mabel Lim, was interested in buying a property owned by the plaintiff company, Elle Holdings. Her lawyers wrote to
      352 words
  • Page 14 Advertisements
    • 30 14 If' wU^M c"'i|pl^®lß^B LEAVE SOME ROOM FOR DESSERT. *t fO« travel ARRANCfMINTS TO PARIS CONTACT UTA IN SINGAPORE (65) 717t)SS. KUALA LUMPUR (603) *****52 OR JAKARTA (62 21) *****62 IM^BWIM
      30 words

  • SPORTS 1
    • 541 15  -  A large turnout had a field day in the Business Times Advertising Golf Competition yesterday. Nirmal Ghosh reports Nirmal Ghosh IT COULD have been called Operation Green Storm. While Air Force jets shrieked on their rounds above the Tanah Merah Country Club's Tampines course, the buggies rumbled out
      Pictures by Chris Loh, Arthur Lee and Jenay Koh  -  541 words
    • 384 17 Vietnamese officials throw caution to the wind as they prepare for the country's first major sporting event AFP HONGKONG Preparations for next year's inaugural marathon in Ho Chi Minh City are well advanced, organisers said here on Monday, with Vietnamese officials approving
      AFP  -  384 words
    • 505 17 NYT NEW YORK The promoter called it a tennis classic. And in the beginning, the prospective players, Monica Seles and Jimmy Connors, called it a quick day's work for a million dollars. But some people, especially those who think tennis players should put
      NYT  -  505 words
    • SIDE LINES
      • 83 17 VIRGINIA WATER, England Germany's Bernhard Langer moved back into the top 10 on the PGA European Tour prize money list with his playofT victory in the weekend German Masters golf tournament. Langer defeated Rodger Davis on the first hole of a
        83 words
      • 94 17 LONDON Pole vaulter Jeff Gutteridge, the first British athlete to be banned for life for failing a drugs test, is to be allowed to return to the sport, a British Athletic Federation spokesman said on Monday. Gutteridge, 34, was banned for life in May
        94 words
      • 106 17 LONDON Six times world snooker champion Steve Davis hit back at allegations that he snubbed the sponsor of the Dubai Duty Free Classic. Davis, who flew back to England on Sunday after losing his sixth-round match against Martin Clark 5-3, claimed: "The organisers knew that if
        106 words
      • 37 17 PARIS (AP) Jimmy Connors and Yannick Noah have received wild<ard invitations to join the star-studded field in the US$2 million Paris Open tennis tournament starting on Oct 28, organisers announced on Monday.
        37 words
    • 529 17 NYT NEW YORK Lee Trevino came to the US$l.5 million (552.5 million) Vantage Championship in Gemmons, North Carolina, last week eager to win the U*****,000 first prize and re-establish himself as the premier player on the PGA Seniors Tour. But
      NYT  -  529 words
  • Page 15 Advertisements
    • 81 15 IKongaikH I INDUSTRIAL BUILDING I 22 KALLANG AVENUE I Seven-storey showroom cum I with excellent main road I frontage I 1 LandArCa: A PP rox I f\ Floor Area: I V\ XX Ground/ I \k 2nd Storey I Showroom: 14,154 sq ft I 3>\ ?5S M 3rd 7th Storey I
      81 words

  • Page 16 Advertisements
    • 240 16 It won't take us long to fit your office. The you when you to have the means Hence synchro-mechan- themselves your body every system panels. So that literally, office furniture in the particular conceivable position. Which ♦J* the only thing you'll have to do azure blue that you have to
      240 words

  • Page 17 Advertisements
    • 101 17 TO BE HELD AT TRANSIT INN HOTEL, PIER ST, 11AM THURSDAY OCTOBER 24, 1991 97 Murray Street Central Perth, Western Australia. LONG LEASE TO MISS MAUD SWEDISH STYLE HOTEL/ RESTAURANT Title Particulars The land is held as an Estate in Fee Simple and is described as part of each of
      101 words
    • 7 17 9M£)uc a OMNI HOTELS ASIA* PACIFIC V
      7 words

  • Page 18 Advertisements
    • 646 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE OCTOBER FEASTS This Octobef, don'! miss our weekly specials at Tien Court! 01/10 —06/10: Double Boiled Superior Shark's Fin $22.00 07/10 —13/10: Steamed Sultan Fish $4.00 par 100 gm. 14/10 20/10: Braised Whole Abalone
      646 words
    • 291 18 '<W TflLLv The freshest catch. Flower and Hahy VKs /yflgj crabs. Sauteed with asparagus.. kjlßP^^ l A&flm Panfried wtth gtnger and spring rrujff vjy jm onion... Baked and stuffed... Stir-Wed KHm Ml/ in piquant Mack pepper... Or )ust Uu plain steamed. If that fIXJfT PV9HsE|fl doesn't grab you. MQ jßjflS
      291 words
  • Page 18 Miscellaneous
    • 695 18 TELEVISION AND RADIO "j——■—******** —rHn-TTT* a **¥n>MMM>noMM—wwm tmmmmmmmmmm i— ihmmhihw mm I«r»wi>if i --wnm-mir rn iiumhiiihiiiiihhh—■mmm—— ——————a Z *11 licia 900 News at Nine. 6.30 Muqaddam. T r V fY|l TTl\7 9.30 Wednesday on 5 Trench- 6.45 With the Quran. I BUStNttgS UW H*qy A V-l 11 Cli t AX
      695 words

  • LIFESTYLE
    • 1144 19  -  Mike Zwerin speaks to the man who taught Bob Dylan about style and attitude Mike Zwerin IHT Great Spirit give me the Vision That I may not go wrong or Find myself in a prison Of the things I have not done. Bob Neuwirth Bob
      IHT  -  1,144 words
    • 461 19  -  John Noble Wilford tells of the gradual greening of Mt St Helens John Noble Wilford NYT WHEN the Mount St Helens volcano exploded in 1980, the north slope collapsed with a mighty shudder and sent an avalanche of mud and rock down into the valley
      NYT  -  461 words
    • 517 19 CHATTERBOX THE US FILM City of Hope directed by John Sayles won the Grand Prix at the fourth Tokyo international film festival, which ended on Sunday. The Jury's Special Award also in the International Competition went to Taiwan's A Brighter Summer
      517 words
  • Page 19 Advertisements
    • 146 19 AND ENTERTAIN Prepared before your very own eyes, all the local favourites at the Terrace in Cafe-in-the-Park. An array of food stalls with a selection to tempt all food lovers. Available for dinner only. Mondays to Saturdays. 7.00 pm to 10.00 pro. SslB.so++per adult S$ 10.00+ per child. ANA HOTEL
      146 words
    • 85 19 ra Wide scope for excellent investment returns. Fully leased cinema complex and retail arcade in the heart of Perth's CBD retail precinct. The Hoyts Corporation has a 10+10 year leaseback on the cinema complex with annual CPI reviews providing over 55% of the net income. 32 arcade tenancies plus 49
      85 words
    • 84 19 r 73 TRADmONAL Cantonese Cuisine o BEST HONG KONG DIAN XIN IN TOWN \N\ China China Restaurant I Marina Bay Golf Country Club A 2 6 Marina Green Singapore 0101. For Reservations Please Call *****11. ■E* I: Oman Aviation Services Co. (SAOG) invites vendors specialised in supplying Duty Free Liquor,
      84 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4907 20  -  By Carolyn Lim THE HAZE from the Kalimantan fire is not the only thing hanging heavily over Singapore. Talk of an economic slowdown in the Republic was also afloat yesterday as the market closed mixed with a bearish bias. The Straits
      4,907 words

  • 4122 21 Main Board SAE 25« 170 HI f6 9% CMB Packaging 370 +6 +16% Inchcape 380 6 +1.6% Alliance Tech 90 +5 +5 9% PELS 50* 650 5 f0 8% Avimo 20* 127 +3 +2.4% RDC 302 3 +1.0% Lum Chang Loan 99 +2Vj +2.6% NOL
    4,122 words

  • BT SHARE INFORMATION SERVICE
    • 287 22 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Sime Spore Oct 3 Jun 91 $20 /16($28 405) 48(62a) 14,18 la) M Banking Sep 28 Jun 91 M$209.639($172.134) 27 9(28 5a) 18(12 4a) S.me UEP Prop Sep 25 tun 91
      287 words
    • 465 22 Company Date Year Croup pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Boustead Oct 2 iun 91 M$35.810(J32.503) 10 4(8 5) 15(15) SBS Oct 2 Jun 91 $4.315($4 140) 101(11.5) 7(7) Antah Hldgs Sep 30 Jun 91 M$37 468($33,337|) 116(102) 6(6) Scotts Hldgs
      465 words
    • 498 22 Company Date Half-year Group pro-tax Interim ann to proflt/lo«s (L) dividend ('000) M Resources Oct 3 Jun 91 M$99($6.231l) Causeway Sep 30 iun 91 $784($372) F* Offset Sep 30 Jun 91 $2,173($1,510) Hong Fofc Sep 30 Jun 91 $13,485L($13,967) Inno-Paciftc Sep 30 Jun 91 $1.243($446l) Innovest Bhd Sep
      498 words
    • 563 22 Oct 7 Malaysian plantation conglomerate. Kumpulan Guthrie Bhd will concentrate more on diversifying into other sectors such as property and related business in the coming decade though plantations would still be its mainstay Van Der Horst Ltd. a marine engineering company, is diversifying into power generation and specialist
      563 words
    • 1033 22 Current Ex Books Date Total for Total for payment date close payable the year last year Acnu 5%TE(I) Oct 21 Oct 31 Nov IS 5%TE 101 IE AMDS 50c 351(b) Sep 13 Sep 27 Oct 25 3 5% 25% Awmo 20c 5%TE(I) Oct 14 Oct 24 Nov 15
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    • 255 22 Main Board Last FiiN Year Company Penod Datt Year Net EPS Grots Net announced endnj (cants) <tv profit last year (fOOO) Carebos Interim Apr 27 Jul 91 126 200TE(a) ***** Tont Meng Interim Aug 2 Dec 91 4 8 5 0 385 Ck>b Last FuN Year Company Penod
      255 words
    • 774 22 BONDS, LOANS WARRANTS Company Conversion ported Conversion term tor one onttnor? shore Bcrwi Wt Before 30 '6 94 1 warrant plus HKSl00 cash ClrC Wt Be'ore 26/4/93 1 warrant plus 1309 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant plus $0
      774 words
    • 1025 22 Prices as at 08.10.91 Conversion terms Premium/ Expiry r (discount) Amount Optional** using iftDfd Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash. Loan Gearing Date Mths units) stock ratio price nom Stfc Left value 1 L__^_ Bur will 115 2 0 200 0 650
      1,025 words
    • 61 22 Company Bonus Issue HI? ttdgs One-for-two Ex-date: Oct 11 Books dose Oct 17 Company Others Afni Steel Restricted Otter tor Sate of Angkasa Marketing Bhd shares on the basis of 50 Angkasa shares of M$1 each at MJ2 50 per share for every 1 000 Amal Steel shares
      61 words
    • 626 22 Company Rights Issue Am Px Land One-for two <g MSQ 65 per share Mane* Tech One-tor-one g $1 00 per share Bolton Issue ot 190 978m norm nil amount of 351 Redeemable Unsecured Guaranteed Bonds 1991 '96 with 45 489m detachable warrants on the bass of $2 nominal
      626 words
    • 229 22 Aetna Ltd: EGM at The Conference Room, 17 Jurong Port Road, Singapore 2261 on Thursday, Oct 10, at 3.30pm. Bandar Raya Developments Bhd: EGM at The Paddock, 30th Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, ***** Kuala Lumpur, Malaysia on Thursday, Oct 10, at 10am. Rashid Hussan Bhd:
      229 words
    • 210 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 lath: 1333 08 3/6/91) 1991 1565 58 3/6/91) 1991 Z. *****2 (16/1/91) 1991 1149 08 CM/1/S1) 1990 1435 43 16/7 90 1990 1607 (27/3/90) 1990 S 981 07 (09 11 90) 199 JJ- *****0 (11/10/90) 1989 high: 1322 00 (28/12/89)
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  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4170 23 Bernama LIGHT bargain-hunting activity helped the share market here to stage a mild technical correction yesterday after stocks became more attractive following six consecutive days of decline. In moderate trading, the K.LSE Composite Index edged up 0.01 of a point to 508.26 while the
      Bernama  -  4,170 words
  • Page 23 Advertisements
    • 190 23 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 89,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that important choice, Business Times has invited local and foreign experts to
      190 words

  • TOKYO STOCK EXCHANGE
    • 2239 24 Reuter TOKYO STOCKS yesterday closed lower and at the day's lows with investors sidelined awaiting news on who will replace Prime Minister Toshiki Kaifu and on details of what disciplinary action will be announced for Japan's scandalridden Big Four brokers. A weak bond
      Reuter  -  2,239 words
  • STOCK EXCHANGE OF HONGKONG
    • 1889 24 AFP SHARE PRICES rose slightly in mixed trading on the market yesterday with the Hang Seng Index gaining 6.48 points or 0.16 per cent to close the day's trading at 4,066.85. Turnover also increased to HKSI.27 billion from Monday's HKSI.O6 billion. The market
      AFP  -  1,889 words
  • Page 24 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie market follows Wall Street drop
      • 449 25 Close Previous Oct 8 AUSTRALIA All Ordinaries Index 1.566.5 1.579.2 -12.6 All Industrials Index 2.429.5 2.445.1 -15.6 All Resources Index 906.9 916.8 -10.1 Turnover (million) 85.9 63.5 +22.4 BANGKOK SET Index 633.8 645 56 -11.76 Turnover (billion baht) 1.92 2.42 -0.5 JAKARTA Composite Index 246.37 248.23 -I 86 MANILA Composite
        449 words
      • 745 25 THE AUSTRALIAN share market slumped due to falls by offshore markets and despite investor confidence about local inflation and interest rates yesterday. Brokers said sustained falls in the US last week could not be ignored by the market. The All Ordinaries Index closed down 12.6 points at 1566.5. The
        745 words
      • 732 25 SHARE PRICES eased further yesterday as investors were uncertain about the market direction in the short term, brokers said. "Investors believe that after the World Bank/IMF meeting the market will be bearish because now people try to keep everything behind," a broker of Ekachart Finance' and Securities Co said.
        732 words
      • 625 25 JAKARTA SHARE prices eased further yesterday in slow trading with the official index closing 1.86 points lower to 246.37 and turnover falling to 2.72 million shares from 3.52 million on Monday. Brokers said sentiment remained bearish and only a few foreign investors were seen in the market. Astra International
        625 words
      • 515 25 TAIWAN share prices finished slightly higher in quiet trading yesterday as investors stayed away from the market because of political worries, brokers said. They said investors worried that a big opposition demonstration in Taipei planned for National Day on October 10 could turn violent. "People had no interest in
        515 words
      • 491 25 PROFIT-TAKING after a two-day gain shaved Philippine share prices yesterday but brokers saw the market poising for a rebound before the week was over. The Manila Stock Exchange Composite Index fell 16.49 points to close at 982.50. Analysts forecast it would break the 1,000 barrier this week. "The economic
        491 words
      • 775 25 RUMOURS THAT a South Korean leather company failed to honour bank debts depressed investor sentiment yes- terday, pulling down Seoul stock prices, brokers said. The Composite Index shed 6.13 points to close at 707.75. "Investors appeared to be worrying that the case might possibly spread to other small and
        775 words
      • 279 25 NEW ZEALAND shares staged a partial recovery yesterday, aided by news of an improved fiscal position in the 1990/91 year, to end slightly lower in thin trade. The NZSE-40 Capital Index finished 6.68 points down at 1,434.21 after earlier dipping about 20 points. Bonds rallied about 10 basis
        279 words
      • 133 25 SHARE PRICES closed mixed on Monday after lacklustre trading, after opening slightly higher before meeting profit-taking, brokers said. The Bombay Stock Exchange Index peaked at 1,805.21 before finishing at 1,780.25, up 7.10 points from Friday's close. The National Index fell one point to 851.10 from a peak of 863.33.
        133 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • US prices lower amid earnings concern
      • 248 26 Oct 7 Owe Previous NEW YORK Dow Jones 2,942.75 2,961.76 -19.01 SAP 500 379.5 381.24 -1.74 Turnover (million) 148.5 164 -15.5 LONDON Financial Times 30 1,989.7 2,018.7 -29 FTSE 100 2,596.2 2,624.6 -28.4 Turnover (million) 304 457.1 -153.1 FRANKFURT DAX Index 1,588.66 1,601.73 -13.07 AMSTERDAM CBS Tendency Index 88.7 89.4
        248 words
      • Article, Illustration
        1074 26 AMID CONTINUED investor concern over corporate earnings, accentuated by Westinghouse Electric's news of a thirdquarter net loss of US$l.4B billion, the Dow Jones Industrial Average fell 19.01 points on Monday, to 2,942.75. Westinghouse is a Dow component. "Without more interest rate cuts, the market must rely more on
        1,074 words
      • Article, Illustration
        526 26 SHARE PRICES were higher on the London Stock Exchange yesterday morning. At 1121 GMT, the Financial Times-Stock Exchange 100-share index was up 4.8 points at 2,601.0. Volume was 195.7 million shares. Political developments and fears that interest rates would not be cut for some time dragged the London stock
        526 words
      • 321 26 A MINOR midsession recovery failed to grip the Amsterdam bourse floor on Monday as shares flopped back to close below Friday's levels, traders said. "I just had a customer but I think he went to sleep," said one. "We followed the US down in the afternoon and I think
        321 words
      • 199 26 THE PARIS Bourse suffered its fourth straight losing session on Monday, as the CAC-40 Stock Price Index ended the day at 1,843.58 points, off by 0.45 per cent from the Friday close. Trading was quiet, with only 1.2 billion francs' worth of stocks changing hands, and operators said the
        199 words
      • 247 26 SWISS SHARES ended easier on Monday but off the day's low with stocks recovering largely for technical reasons after earlier losses, brokers said. The All-Share SPI Index fell 5.5 points to 1,085.0 and the SMI Index of leading shares was down 10.8 points to 1,675.8. Volume remained low. Weak
        247 words
      • 136 26 HEAVY DECLINES on Wall Street and other foreign markets pulled down share prices on the Stockholm bourse in slow trade on Monday. The bourse General Index dived 1.27 per cent to 1,008.81 in turnover of 195 million crowns. Blue chips fell 1.67 per cent on average. "We have a
        136 words
      • 267 26 BELGIAN SHARES closed mixed in moderate trading on Monday but leading holding company Societe Generate de Belgique bucked the market's trend by jumping 2.2 per cent on the eve of the publication of its first-half results. The Bel-20 Index closed 0.13 per cent lower at 1,101.01 with 570 million
        267 words
      • 415 26 FURTHER GAINS in gold shares helped bolster the the stock market again on Monday, but the atmosphere remained cautious and volumes were generally thin, dealers said. World gold prices are currently holding firm at at around US$36O an ounce. The JSE Ail-Gold Index ended the day at 1196 versus
        415 words
      • 316 26 NERVOUSNESS over third quarter earnings and fears that companies may use the period to make writedowns sent Toronto stocks stumbling on Monday to end moderately lower in thin dealings, traders said. Toronto equities tumbled about 10 points in the last 90 minutes of trade. The TSE-300 Composite Index officially
        316 words
      • 198 26 GERMAN SHARES ended a lacklustre session 0.8 per cent below Friday's closing levels, after a small rally in German bond prices failed to awaken any latent interest in the stock market on Monday. The 30-share DAX Index ended 13.07 points lower at 1,588.66 almost at its day's low. This
        198 words
      • 247 26 THE MILAN market shrugged off a strong performance by Olivetti on Monday to begin the final week of the October account with fresh losses. Brokers said there seemed to be no particular factors, except perhaps shortcovering, behind the computer manu- facturer's 3.3 per cent rise, which took it to
        247 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1164 27 REPORTS "ASM Tokyo: The US dollar kept its firm tone on some European buying in late Asian trade, but failed to make much headway in the face of selling interest, dealers said. "The US dollar looks heavy at above 130 yen
      1,164 words
    • 392 27 Crass rates octs US$ SS MS Dm Yen SFr AS NZS USS 1.6900 2.7430 1.6780 129.60 0.5760 1.4725 1.2579 1.7590 SS 0.5917 1.6231 0.9929 76.6864 0.3409 0.8713 0.7443 1.0408 MS 0.3646 0.6200 0.6117 47.2475 0.2100 0.5368 0.4586 0.6413 Dm 0.5959 1.0072 1.6347 77.23 0.3433 0.8775 0.7496 1.0483
      392 words
    • 540 27 Interbank rates SS Bid Offer Overnight 3 3 1/4 1-month 4 4 1/8 2-month 4 3/16 4 5/16 3-month 4 5/16 4 7/16 Overnight mode: 3-1/4 US$ Bid Offer 7 days 5 1/4 5 3/8 1 month 5 3/16 5 5/16 2 months 5 1/8 5 1/4 3
      540 words
    • 512 27 Reuter LONDON The resignations of the chairman and the chief executive of the London Futures and Options Exchange (FOX) on Saturday could slow the market's rush for change and prompt it to refocus on its core commodities. Saxon Tate and Mark Blundell left
      Reuter  -  512 words
    • 201 27 Reuter TOKYO The current wave of Japanese financial deregulation is likely to spread to the investment trust industry and related fields, industry watchers said. Investment trusts must adapt to such recent financial trends as crumbling barriers between banking and securities and a wider definition of
      Reuter  -  201 words
    • 1023 27 SjjjEX EURODOLLAR j Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.47 94.47 94.46 94.47 42L3 ***** 4147 Mar 92 94.57 94.57 94.56 94.57 1300 ***** 2417 Jun 92 94.39 94.40 94.39 94.39 1000 6642 1307 Sep 92 94.11 94.12 94.10 94.10 455 1968 532 Dec
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  • Page 27 Advertisements

  • COMMODITIES
    • 470 28 Reuter BOGOTA The Colombian government said it unilaterally decreed a 6 per cent rise in the coffee producer price after failing to reach agreement with the leaders of coffee growers during 12 hours of talks. The price paid to growers will rise from
      Reuter  -  470 words
    • 232 28 Reuter LONDON Estimates of total Soviet gold reserves of less than 1,000 tonnes are credible, the World Gold Council (WGC) said in a briefing paper released in London. Gold prices rallied last week on remarks by a senior Soviet official that put the
      Reuter  -  232 words
    • 839 28 REPORT THE PRICE of tin on the Kuala Lumpur Tin Market fell to its lowest level in 24 weeks at M$ 14.81 per kg yesterday, down four sen from Monday, Dealers attributed the downtrend to higher offerings from miners in
      839 words
  • 1365 28 i i i rum 1 1 hi ii riwuniortfnwinwnnH^mni» i ihwwi—*n m wwrnarmmi ir imrrnnwni Rubber octs MS fcatw) S ctnts/Vg Noon Close Int 1 RSS Prompt 139.7VI40.75N 140.00/141.OON Int 1 RSS Nov 91 141.25/141.75 141.50/142.00 lnt 1 RSS Dec I42.2VI42.75 142.50/143.00 Int 2 RSS OP 137.7S/139.75N 137.75/139.75N Int
    1,365 words
  • Page 28 Advertisements
    • 719 28 BUSINESS TIMES TBLBPHONE: 730-5771/5772/5773 FAX: 734-4912 M THE MATTER OF THE COUP AMES ACT, CAP 90 ROTANE NOAH (S) PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting o( tie members of ROTANE MDAH (S) PTE. LTD. duty covered and held at Bk 151 King's Road 108-25. Singapore 1026
      719 words
    • 192 28 f OFFICIAL NOTICE 1 Wc. Cordial Trading Pte Ltd hereby give notice that in consequence of our purchase of the motor tanker "FESTCO NO. 1" we have applied to the Registrar of Singapore Ships, under Section 380 of the Merchant Shipping Act (Chapter 179) in respect of the ship "FESTCO
      192 words
    • 11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 982 29 City Flight ETA Flight ETD Abu Dhabi GA895 1235 GA974 0001 GA886 0010 Adelaide QF81 2000 QF82 2200 SQ227 2245 Amsterdam GA895 1235 SQ24 2200 KL837 1255 KL838 2240 Athena 0A471 0020 0A472 2240 SQ35 1710 Auckland NZ21 1820 NZ22 1930 SQ388 2030 Bandar Seri SQ181
    982 words
  • THE TRAVEL PAGE
    • 528 29  -  LETTER FROM BEIJING By j Andrew Browne THE sharp-eyed hawkers on Chrysanthemum Alley in Old Beijing were frying breakfast doughnuts at a sizzling pace. Outside the home of Li Fuzeng, the early morning sunlight was streaming through the branches of a scholar tree, splashing onto
      528 words
    • 152 29 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3364 1.3478 Canadian dollar 1.4808 1.5033 NZ dollar 0.9507 0.9800 Sterling pound 2.9193 2.9636 US dollar 1.6875 1.6915 Local dollars to 100 units of foreign currency Austrian schilling 14.16 14.37
      152 words
    • 124 29 Duration Title Venue Organiser Te[ Duration Title Venue Organiser Td Oct 2-10 Tehran Ir-Tehran Export Promotion *****1911 ture. Equipment De Valencia International Fair (Iran) Centre of Iran Machinery Oct 5-9 Cuisine Cellar Wein Weincr Messen **********0 JmTmational Milan Trade Assoc.az.one 02/*****04 (Austria) Und Congress Audio. Video. Fair.
      124 words
  • Page 29 Advertisements
    • 34 29 Ronald youH relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      34 words
    • 65 29 ■pi r The miraculous Ih© return Or recovery of singer i Gloria Estefan from m ■■■■I jk an almost-fatal motor I I I I/■ accident last year has VI iV Irl astonished many mAI A fitness gurus. And she 17 17A reveals all today. I In BODY SECRETS Hill Ft
      65 words
  • Page 29 Miscellaneous
    • 222 29 21 Contract required for foreign and Roman law solemn assurance (4) 19 Cheered and thus given (4) 4 Florence soaks broccoli a dash of spirit (7) 22 Termagant initially sprouts (7) 20 Boasted about daughter spiteful and unfeeling 5 Laughing loudly while being mobbed (7) (5) honking the horn (7)
      222 words
    • 189 29 Singapore Outlook: Fair and hazy. Report: Maximum temperature 31.2 Assoc humidity 62% Minimum temperature 24.4 Assoc humidity 92% Hours of sunshine 2.50 Rainfall in mm Nil Rainfall this month Trace Rainy days this month 0 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 15/09 Cloudy Bangkok 31/26 Showers Beijing 22/11 Fair Brunei
      189 words
    • 28 29 I rne BARU r *NVESTOP^«NG THE RE*K> IISIS Stl voucm E r immdlc. of .-y— iw fUwr DO.N&" per «.3>oP^ /^VflWt DQ-J log y ™_Hggjg6<-* op-wr, V as^A^.
      28 words

  • 403 30  -  Asean Economic Ministers' Meeting By Yang Razali Kassim in KUALA LUMPUR ASEAN economic ministers have taken steps to give the private sector a bigger role in the economic integration of the region. Endorsed at their meeting here were several proposals by
    403 words
  • 339 30  -  Desaru resort dispute By Dawn Tan SINGAPORE The Johor state government will not entertain any appeal by the developers of the terminated multi-million dollar Desaru resort project. Mentri Besar Tan Sri Haji Muhyiddin Yassin told Malaysian reporters yesterday the government's decision to
    339 words
  • 336 30  -  By Shoeb Kagda SINGAPORE Increased regulation of financial institutions and the continued spread of derivatives markets will be the two major phenomena affecting world financial markets in the *****, said a key note speaker at a lecture yesterday. Dr David Deßosa, vicepresident of New
    336 words
  • 40 30 World Bank/IMF annual meeting BANGKOK Chauffeurs yesterday preparing 250 limousines to be used for transporting delegates at next week's World Bank/IMF annual meeting. More than 12,000 bankers, economic officials and other delegates are expected to attend.
    40 words
  • 243 30  -  By Magdalene Ng in BANGKOK A MINI-CITY has sprung to life in Bangkok. The Queen Sirikit Convention Centre, in Ratchadaphisek Road, is bustling with activity in preparation for the 46th annual meetings of the World Bank and International Monetary Fund. Newly-arrived delegates and journalists are rushing
    243 words
  • 348 30  -  From S N Vasuki in BANGKOK DELEGATES from more than 150 countries have begun trooping into the dazzling new Queen Sirikit National Convention Centre in Bangkok for the 46th annual meeting of the World Bank and the International Monetary Fund. The
    348 words
  • 431 30 AP WASHINGTON USowned affiliates are expected to boost overseas capital investments this year for the fifth straight year but at a slower pace, due in part to weak economies in much of the world. "Based on the latest survey of majority-owned foreign
    AP  -  431 words
  • 183 30 AFP JAKARTA The United Arab Emirates (UAE) yesterday called for wide-ranging co-operation in developing and exploiting oil resources between oil-rich Gulf states and emerging economies of South-east Asia. Referring to the emergence of regional economic groupings in North America and
    AFP  -  183 words
  • Page 30 Advertisements
    • 10 30 fa rviiiiiF^^sciii —II The Richness Of Leather Handmade To Perfection.
      10 words
    • 230 30 [H I IVIIIIIF^EiESdl —II The Richness Of Leather Handmade To Perfection. iViiiaiiaii A TE W J^k This new line GP 90, a harmony of 9l nobk materials enveloping prestigious |fl > inechaniarra, is inscribed in the tradition H H lii tbe great dassis. One amongst a |L H| *m| variety
      230 words

  • Shipping Times
    • 419 31  -  22nd Fiata World Congress By Rahita Elias SINGAPORE Singaporebased firms were urged yesterday to better utilise existing electronic links in Singapore like Tradenet and Portnet to sharpen their competitive edge. At the 22nd World Congress of the International Federation of Freight Forwarders Associations (Fiata),
      419 words
    • 285 31 Reuter PARIS French tourism company Club Mediterranee is facing tough choices as a result of heavy losses incurred by its airline units, French newspapers said on Monday. It is debating whether to get out of airlines altogether, and is
      Reuter  -  285 words
    • 181 31 Reuter LUXEMBOURG Dutch Transport Minister Hanja Maih-Weggen unveiled a plan to European Community transport ministers aimed at breaking a deadlock with Austria and Switzerland over truck transit rights and saving the world's biggest common market deal. Maih-Weggen submitted the plan after weekend talks with Austrian
      Reuter  -  181 words
    • 164 31 Reuter SINGAPORE Port authorities yesterday said extra precautions were needed to assist in navigation of ships at Singapore's harbour as a dense haze from forest fires raging in Indonesia got thicker and cloaked the island. Radio warnings were being broadcast every two hours on visibility,
      Reuter  -  164 words
    • 1204 31 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 •ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCLShpg
      1,204 words
    • 238 31  -  By Dexter Lee SINGAPORE National carrier Neptune Orient Lines is buying US$l9 million (about $32 million) worth of new containers as part of its expansion plans for its containership business. The order for 8,000 20-ft containers (TEUs) was awarded to South Korea's
      238 words
    • 284 31 SINGAPORE NTT International (NTTI), a subsidiary of Japanese telecommunications giant Nippon Telegraph and Telephone Corp, hopes to beat Motorola in the race to introduce the first credit card-size pager in Singapore. NTTI's compact pager, called the NTT International Card Pager, is
      284 words
    • NEWS SUMMARY
      • 42 31 WITH transmission costs and hardware prices falling steeply and technical standards emerging, companies seeking to improve productivity and cut costs are embracing televised meetings as a viable alternative to business travel. Glenn Rifkin reports Back Page
        42 words
      • 56 31 CHANGE is in the air at the Boeing Co, nearly a year after the aerospace giant unveiled plans for its new 777 jetliner. Not only is the development of the two-engine, widebody craft markedly different from its other jets, but the company's corporate
        56 words
      • 58 31 BT, formerly known as British Telecommunications, on Monday announced a cooperation agreement with IBM aimed at helping companies cope with the mounting complexities of modern telecommunications. For BT, the venture is a further attempt to strengthen its ambitious project to build
        58 words
      • 55 31 A FUEL SHORTAGE after a trans-Pacific flight forced a United Airlines Boeing 747 to make an emergency landing yesterday at a airport not used to handling jumbo jets, Radio New Zealand reported. The plane was flying to Auckland, but was unable to land because
        55 words
    • 691 32  -  Companies are embracing televised meetings as a viable alternative to business travel. Glenn Rifkin reports Glenn Rifkin NYT VIDEO conferencing is fast becoming the high-growth technology of the *****. With transmission costs and hardware prices falling steeply and technical standards emerging, companies seeking to
      NYT  -  691 words
    • LOG BOOK
      • 62 32 LONDON The Liberia-flag vessel Mango Queen was refloated on Oct 4 and is proceeding to Sasebo for repairs -to damage sustained when grounding off Japan, Lloyd's Shipping Intelligence service said. The 7,825-dwt vessel, en route from Muroran to Malaysia, went aground on Sep 27 off
        62 words
      • 61 32 LONDON Owners of the Ecuadorean tanker Manabi have engaged a tug to take the vessel in tow after a fire and engine breakdown on Sunday in position lat 09 355, long 79 13w, Lloyds Shipping Intelligence service said. The fire on the 51,527 dwt tanker, which
        61 words
      • 54 32 LONDON Scotland's Sullom Voe oil terminal is operating normally after wind and high seas halted operations last Thursday and Friday, a spokeswoman for the Shetland Isles Ports and Harbours Department said. Three tankers loaded and sailed over the weekend and another two had berthed at
        54 words
      • 43 32 LONDON Swedish telecommunications firm Telefon AB L M Ericsson has won an order from Cable and Wireless pic's Mercury Communications Ltd, Ericsson's British unit Ericsson Ltd said. Ericsson will supply eight exchanges with a switched wide-band on-demand network.
        43 words
      • 29 32 LONDON The Tees and Hartlepool Port Authority, soon to be privatised, has announced a short list of four buyers interested in bidding for the port.
        29 words
      • 64 32 LONDON The Turkish bulker Hira 111 has docked at Maputo, Mozambique, after reporting a fire and explosions, Lloyd's Shipping Intelligence service said on Monday. Lloyds said the 30,643 dwt vessel reported a fire in its number three hold, followed by two explosions, on Oct I. The
        64 words
      • 86 32 AMSTERDAM KLM Royal Dutch Airlines said £s provisional load factor rose to 74.3 per cent in September 1991 from 71.8 per cent in the previous month and from 73.3 per cent in September 1990. Year on year, traffic rose by 6 per cent and capacity was
        86 words
    • 668 32 TIME-CHARTERS on Monday featured in a steadier freight market, which was buoyed by strength in the Atlantic, dry cargo brokers said. Fixture reports were thin, but there was talk of a large number of Panamax fixings. The Skaw Passero/Far East via US Gulf Panamax route was marked up
      668 words
    • 9480 40 This is a list of ships loading Lau at Singapore for ports around J. 4/l the world. It tabulates, by destination, the name of the 19. ship, the shipping line in- Eve volved and the estimated Tg l dates of arrival and departure Baa from the Port
      9,480 words
    • SHIPS IN PORT
      • 597 47 ituA Voy No Berth Krmtt Departue Vnsd Voy No Berth Arnvi Departire Marina Terminal 1 Sembawang Terminal AungHtunwai 01/91 M04 08 10/1700 J an 8 anKou i* fJ, S SI2/2X Batam Baru B96 M05 09 10/2300 D E 34WB S03 atonprfe 0 0 0800 Batam Sayang *****1
        597 words
      • 224 47 p.,! KHKXx rOrl Berth: 1: NHion No 3; 2: Jiu Jiang; 3: Hai Ning; 4; Lee Chang Ling 5: Spring Swift; 6: ml. Oi jetty: Conquestventure L, Subur. DC J: nil. Dim on Oct 8: Sn Indra. Kyoei Maru No 1. Gloria, Samudra Samrat, Kota Machan. Benja
        224 words
      • 967 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Batance Rifts Sty Voy No Etb/Btr Period From To From ACX Daisy 196 11/1800 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 ACX Jade 53A 09/1500 1 06/1500 08/1659 08/1900 Aft Colunbu ***** 09/2100 1 08/1500 08/1659 08/1900 2
        967 words
    • 431 48 777 jetliner will be entirely computer designed AP RENTON, Washington Change is in the air at the Boeing Co, nearly a year after the aerospace giant unveiled plans for its new 777 jetliner. Not only is the development of the two-engine, widebody craft
      AP  -  431 words
    • 356 48 NYT GENEVA BT, formerly known as British Telecommunications, on Monday announced a cooperation agreement with IBM aimed at helping companies cope with the mounting complexities of modern telecommunications. For BT, the venture is a further attempt to strengthen its ambitious project
      NYT  -  356 words
    • 172 48 AFP AUCKLAND A fuel shortage after a transPacific flight forced a United Airlines Boeing 747 to make an emergency landing yesterday at a airport not used to handling jumbo jets, Radio New Zealand reported. The aircraft was flying from San Francisco to Auckland, but
      AFP  -  172 words
  • Page 31 Advertisements
    • 26 31 Lines and services represented by Members of the Registry ef Accredited Shipping Agents, Singapore National Shipping Association. l or advertising enquiries, contact Shipping limes: Id 740-20H9/740-2tm
      26 words
    • 128 31 ,/£ZS <o TEL: 861 4711 FAX: 862 4711 Cootanr SdwA* 17 Da* frwrhts 2 Ma to Adwrtaen 1 Shppng Gufe 10,11 S« Port U Support Titos 17 Transport Owry 3 Weather and Sea Contaw 17 I I 4— IS STILL HERE MOL's New Alligator Service to North America is bigger
      128 words

  • Page 32 Advertisements
    • 187 32 There Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. w~* y lours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We track international deliveries electronically and speed them across borders using our Electronic Customs Pre-Alert
      187 words
    • 11 32 The Weekly Freights report was not available at press time. v
      11 words

  • Page 33 Advertisements
    • 2447 33 m OOCL (S) PTE LTD JARDME SHIPPING AGENCIES TEL *****11 FAX *****09 AlllF# BOOKINGS TEL: *****34 *****58 llffßfia W TERMINAIVCFS TEL: *****18 220 P Pflftftfl H PESAKA JARDINE SHIPPING AGENCIES SON. BHD k M PORT KELANG TEL: *****18 FAX: *****91 *****08 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated
      2,447 words
    • 2139 33 transportdlarT--Oct 10 (12.15pm-2.jopm): Luncheon Talk on "Oil Pollution", organised by Singapore National Shipping Association at the World Trade Centre Club. For further details, please contact SNSA at tel: 273-3574 or fax: 274-5079. Oct 15-16: Seminar on Trading. Shipping and Banking Documentation for Procedural Export Operations, organised by Facs World at
      2,139 words
    • 1504 33 pnuMdrid-aiuiJ TWO SAILINGS TO USA MCKINNEY MAERSK V.910G ETA SIN 15/10 LAUST MAERSK V.9112 ETA SIN 14/10 vna« Voy ETA j ETO "Feeder by Singapore Markur Oelta DESTINATIONS to TTw week Mckmnay Meets* 9106 —15/10 oaoo hrs Part CFS 14/10 2368 HRS Katong Penang OAK LOB HOU MEM ATL MIA
      1,504 words

  • Page 34 Advertisements
    • 1084 34 InOTTEOAM^ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP IE HAVRE ELBE 07/140 11/10 3/11 30/10 M/ 10 LEVERKUSEN EXPRESS 03/340 14/10 30/10 1/11 4/11 5/11 LONDON EXPRESS 04/141 17/10 9/11 5/11 4/11 1 ALL WCSTBOUKO P. KITANO 10/341 20/10 6/11 8/11 I VJ! KELAM A PCHANG CARCO HAMBURG EXPRESS 05/142
      1,084 words
    • 630 34 SEABPAC SERVICE DWECT SOOTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2505E8 28/10 11/11 14/11 10/11 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX L J BONTANG 2505E8 28/10 2/12 3/12 10/12 17/12 ALSO ACCEPTING
      630 words
    • 1615 34 Qwa SMMM MMMM; REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSI/VOT SM M.G Ba HAM ME ROT ANT FB. LNR (VM (VU («U M.6) NMD 001) NORASIA SHARJAH 9130 3 11/10 01/11 03/11 OC/11 07/11 07/U 00/11 09/11 10/11 NORASIA MUBARAK 9131-3 14/10 05/11 07/11 09/11 11/11 10/11 12/11
      1,615 words

  • Page 35 Advertisements
    • 2041 35 Steamers Maritime Holdings Ltd P&O AflV STRAITS SHIPPING m mm-m Wsk Containers ,Mii SMB* No Kl| HKonj #fU Speri Al| Sou An I lot Hk( ACCEPTS DUE SAL S INXK WOOK 1110 OMT3 AU TOUTS 12/10 24/10 27/10 2»/10 OMT CMGO KNNSU.M 8AV0544 07/10 10/10 00/10 12/10 20/10 31/10 02/11
      2,041 words
    • 2186 35 bp^SHHI 1 TO; U.8.A./PAWAMA FM: U.8.A./PANAMA «ssti/WT aw ia ct w w w wt otoei tot ntc nor uk cm icr ow CHOYANG CMAACE ff 140 12/10 4/11 0/11 14/11 10/11 20/11 22/11 23/11 POM SENATOR RMIU 21/0 21/0 2S/0 M/ 0 0/0 0/0 0/10 CMOVANG SUCCESS ffWl 10/10 12/11
      2,186 words
    • 409 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO i HEAVY LIFTS KSSL WOT Isr pi [luc [1* FKMO anus 4 m KAH6 AW KOU _lt WfT SOMH 2 8/11 IS/10 OMWg OCEAH 1M 11/11 17/11 aabauka a u/to i4/u mm J 14/10 30»**l i 14/10 lt/10 SHI AMBHI 17 17/11 15/10
      409 words

  • Page 36 Advertisements
    • 572 36 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE wwi store mm/um hbwg BREMEN WTHEW MATMAM/30M 15/10 11/11 23/11 27/11 1/12 Mmn/IM 30/11 3/1 9/1 15/1 20/1 FAST TRANSIT TIME > ACCEPTING BREAKBULK/CONTAINERISED CARGO *Suk|«ct to Inducement Also accepting cargo to Casablanca. Port Sato, Port Atoiandrla, Ganoa. Trlaslo ALSO ACCEPTING BOTH
      572 words
    • 988 36 I X/ HANJIN SHIPPING I S port LEH RTM AM HAM BRV FEL FEEDER VSL SM LtE HAUL LGB OAK I HANJM HAMBURG 007W 9/10 27/10 28/10 29/10 29/10 30/10 31/10 HANRN OAKLAND 015E 16/10 D«CT J/11 9/11 HANJM FEUXSTONE 009W 13/10 31/10 1/11 2/11 2/11 3/11 4/11 HANJM LONGBEACH
      988 words
    • 57 36 •y^ggg!^» REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OF CARGO VESSEL, TUGS A BARGES SPECIALISE N HEAVY-UFT. PROJECT CARGOES TO ALL INDONESIA. MALAYSIA, THAILAND, PHUPLVE PORTS. OFFER CHARTERING OF OUR CAROO VESSEL. TUOS A BARGES TEL: *****26 FAX:
      57 words
    • 1220 36 Im»)Muciii(wwiwKiMmLuc»Hiiicu«Mniiifi«nDaam (GOLOENK-OJ2 0/10 bPI 14/1« 10/10 11/11 21/11 22/10 2A/10 25/10 20/10 20/10 «/U 20/11 22/11 24/11 3/12 4/12 512 0/12 1/12 U/12 20/12 1/1 2/1 t I GUtt KMS 16 10 17/10 22/10 23/10 25/10 21/10 21/10 31/10 1/11 2/11 4/11 15/11 27/11 2S/U 1/12 10/12 11/12 12/12 13/12
      1,220 words

  • Page 37 Advertisements
    • 1973 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 m AUST/INDWPAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MM El NEPLINE SDN BHD MALAYSIA K L
      1,973 words
    • 1064 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4< *****8 JOHORE BAHRU: *****1) *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OCCHABONG WESTBOUND-LOWE TKAWSHFPED VW MTTtBDAM «f«n WT I— |ml* |«s WW law Im IB law*
      1,064 words

  • Page 38 Advertisements
    • 1668 38 .ft ICR No: **********0 M) I M bbm AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD I TEL: *****77 TELEX: KAWAKI R*****6 FAX: *****07/8/9 Ikj ■J Pi MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN WO TEL SA *****00 PK *****01/5 PENANG *****0 J8 *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa,
      1,668 words
    • 1196 38 WS£ PHIU-OM€NT UNCS PTC LTD >>>5, 1 108 Robinson Road #07-00 GMG Building Singapore 0106 J Tai: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****78/*****3* BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU (Wtf j MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION vjjf 17 nrT niAAi HAiMiAM pariah
      1,196 words

  • Page 39 Advertisements
    • 1196 39 i PACIFIC INTERNATIONAL LINES (PTE) LTD S SgiSiM Mflßl PH- Building, 140 Cecil Street #0340. Singapore 0106. [JAKARTA J [BANGKOK I ess*-a. r r. So iss™ si ?r* s* BUNQA TERATAI 413 ***** 15/10 30/10 JENLINK WlO 18/10 EDEN 421 18/10 17/10 22/10 PEGASUS PROQRESB 087N 12/10 10/10 10/10 EQUATOR
      1,196 words
    • 1057 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 11% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Beravon* 356 11/10 27/10 28/10 31/10 Jullandia 356 12/10 31/10 Aroaa 368
      1,057 words
    • 562 39 M MYANMA \BBk FIVE STAR UWE (Myanmar National Una) Loading for Yangon (Rangoon) Spore P.KIf Pen P.G4r MIR GU VIO9W 10/14 Oct HNYA VU7W 15/11 Oct 10/13 Oct HPA-M VIUN 27/30 Oct THE BANK UNE (A service o4 Andrew Weir Shipping) YT SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      562 words


  • Page 41 Advertisements
    • 749 41 TO EUROPE (NOR' H CONTINENT-UK-SCANDINAVIA) WEEKLY lawnwa I Kuwn hmm' wwrnwa I «w In mvMiiiirwmii nuM»rnwiii irwwaw g-wwaiw I. Sania/W. Mm 4/10 «/l« 3/10 5/10 Oanaran/354 11/10 28/10 20/10 30/10 11/10 I. Sanja/*. mum 4/10 0/19 3/10 J/10 MM/M 12/10 3/11 i und/m. Mm a/io 11/10 12/10 10/10 Ma/as* 10/10
      749 words
    • 659 41 WEEKLY, FIXED DAY, DIRECT CALL weqiioyq FRO m port kelano and Singapore to jeddah Nedlloyd Lines FROM jam 1002 KWffMJUW/flll ~~1 VESSEL Jkt P*g Tw SM »iti Auckland Fii(A) N-Ptymouth(A) Timani Lyttdtaafß) Dimdn(B) Naptor Mdfcgto.(C) Taranga N. Rouen/9124 30/9 2/10 24/10 24/10 25/10 28/10 11/11 23/11 13/11 14/U 15/11 15/11
      659 words

  • Page 42 Advertisements
    • 697 42 TO AUSTRALIA/NEW ZEALAND p5 [Sto iFram llMk TjH IJWck INK |P CHM.M wnwrw 279 24/10 31/10 5/11 t/U 14/11 17/11 MM DM 2*l 14/11 21/11 2C/11 1/12 7/12 10/12 ailN HUME 252 1/12 0/12 14/12 10/12 24/12 27/12 ■WE 253 17/12 21/12 10/12 5/1 11/1 14/1 TO USA/CANADA V* TjJri
      697 words
    • 913 42 'BHi EXPORTS TO HONGKONG, TAIWAN, MANIA t JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE lOUTBOUM) VOY PKI PEN IT ISM I MNL HK6 KAO Kg TYO SM2 NCO XO6 VESSEL VOY |SM |PKL PEN BLH SM ACX PACT 198 *4 10 110 11 18 15.10 17 10 22 10 2310 24
      913 words
    • 132 42 ""pERUSAHAAN HLAYXTOft i KALIMANTAN i i r DIRECT WEEKLY SERVICE TO i 1 JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NtAGA XXI Voy 23/91 9/10 Oct iakarta/Patanbanf I NIAGA 42 Voy 17/91 11/12 Oct lakarta/Pakmbanf I NtAGA XXI Voy 22/91 14/15 Oct Jafcvta/P*mbanf NIAGA XXI Voy 24/91 16/17 Oct Jakarta/Patembarf I NIAGA
      132 words
    • 1529 42 Tin&WWWITz.I CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S KENTS SJN6APORES GENERAL AGENTS CHUNG CHIAO SHIPPING SON BHD COSTAR SHAPING PTE LTD tLS25*i.!2Hr M. TIL *****91/17 FAX *****J2, ***** TEL: 22(1900/22(1133 INDONESIA MMfTME f. KLANG TE KSSIM/I TU MA ***** mm |K 2(130/1 COSH* MT IB.: (KDJIIW?, 3(17(4 PENANG
      1,529 words

  • Page 43 Advertisements
    • 530 43 WEEKLY LCL CONSOLIDATION HONG KONG KEELUNG BUSAN EUROPE (ALL PORT Ml DESTINATIONS) FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA ETD LOADING FOR DELI INDAH In Port 10.10 91 PK BALAM LAMPUNG JAYA In Port 12.10.91 PANJANG/PALEMBANG PINANG JAYA 13.1091 14 1091 PANJANG PERITA JAYA 14.1091 20.10.91
      530 words
    • 488 43 "JSp! A TEL: *****33 (12 Linos) CD FAX: *****15/*****03 iPJj TELEX: RS ***** RISHIP (3 Lines) IHS"\ ETHIOPIAN SHIPPING LINES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ABYOT 28WB 11/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANCHNET 25W8 30/11 OARESSALAAM. MOMBASA. DJIBOUTI ASSAB.
      488 words
    • 1330 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA IT* ET« STOK POT AEIANG Ptmw BUI I ADC 17/10 lb/10 Loading for Male RtWAI HUOHU 15/10 Loading tor Calcutta DolPt#l 25/10 Loading For Mate PIONEER SUME* 70/10 Loading For Mate OONAKULHI 72/10 Loaded For Fetoaru psogress unrr 30/10 Loading tor
      1,330 words
    • 315 43 ncm -unE VSt VOV SINGAPORE MADRAS MMNM VESSEL VOV SM MM SW TIGER CUFF 05CS In Port 17-19/10 25 26/10 TIGER STAA 170N 15 16/10 22-24/10 30-31/10 TIGER BAY 177N 19-20/10 27-29/10 04-05/11 VSL VOV SMGAPORE/C ALCUTT A/SMQAPORE VESSEL VOY SW CAL SM EAGLE BREEZE 000 14-15/10 21-25/10 31-01/11 LHOTSE
      315 words

  • Page 44 Advertisements
    • 1088 44 M MM M wmi Mtlttlttt tlttttttttttlttttlltttt^. MAC-NELS S'PORE M P0RT:'*****02 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 WAREHOUSE REMOVAL (SINGAPORE) Please be informed that our warehouse at F2 Keppel Terminal will be
      1,088 words
    • 329 44 jtefc blue star une TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKI LYT SIN MULBERA 23S 11/10 23/10 VIA NPI 25/10 11/11 MAHSURt 0506 2«/10 «/ll VIA NPI 1/11 25/11 PHOSWCT 15S 7/11 19/11 VIA NPI 21/11 t/12 FULLY CONTAINERISED
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    • 1194 44 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINS jfigjj SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL 1 VOY |ETA TDEST VESSEL WT SPjK P.
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  • Page 45 Advertisements
    • 776 45 \K^^^COMPANW^ERUAN^^^ TCQL DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBUIK/FCI/SOC CARGOES TO/FROM CALLAO. MATARAN, 10* OTHER PERUVIAN PORTS* WITH T/S AT KOBE OH CPV THROUGH BILL Of LADING. Ponang* P Ketonf Sjn|jpof« ETfaU THOMASEVERETT 17/U Ott 19/20 Oct KARAMEVEKTT 31 Oct/1 No* 02/03 Not JOHNEWRETT 06/07 No* "EVERETT ORIENT LINE" JAPAN/BAY
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    • 522 45 iczsz I NT^SD N.AMERICA/CARRIBEAN SERVICES vcsgi Ivor km hmawni |uu [kst |sa» Intc to KAOHSIMG DIE 11/11 ZM SAVANNAH J/11 11/11 12/11 24/11 20/11 ZM TOKOHMM 17E 15/10 Ml CAIfOONA 22/11 1/12 5/12 7/12 9/1 m 12* 22/1# 2a 51E 23/11 2/12 1/12 1/12 11/12 zn tfl 31/10 2CN «E
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    • 600 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. OAMWAN SHARJAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL PENANG. P KELANG JAKARTA BANGKOK HONG KONG. TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY ABERDEEN. LE HARVE HAMBURG ROTTERDAM ANTWEP. GOTHENBURG
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    • 511 45 ns PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA vessel vov sin jkt sby PELOPOR 1009 12/10 15/10 DERAJAT 958 15/10 18/10 PELOPOR 1010 19/10 22/10 DERAJAT 959 22/10 25/10 TANTO UTAMA 199 12/10 13/10 BONTANG PACIFIC 068 14/10 17/10 TANTO UTAMA 201 20/10 23/10 BONTANG PACIFIC
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    • 407 45 SIN FW EAST 14/10 KEELUNG/KAOHSIUNG 12/10 BANGKOK 12/10 MANILA/CEBU 8/10 JAKARTA/BELAWAN/SURABAYA 10/10 PORT KELANG/PENANG/E. Malaysia 14/10 BUSAN 9/10 TOKYO/YOKO/KOBE/NGO/OSA 14/10 HONG KONG SIN CHMW 14/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 14/10 LDN/FLX/LVP/SOU 14/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 10/10 LOS
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  • Page 46 Advertisements
    • 978 46 gT FIL CONTAINER SERVICE PTE LTD *"/L MADRAS CALCUTTA BANGKOK VK. SIN/MADRAS VBL BIW/C ALCUTT A VBL BIN/BANQKOK SM MM SM S* CAL SIN NEIT MM.ABLE 10-11/11 17-15/10 25-K/10 *11 miABU SW IJ-U/10 R-K/10 NHT MAILABLE 12 Oct UOd 15-11/10 22-24/10 30-31/10 14-15/10 21-25/10 31 01/11 M Oct 11 Oct
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    • 513 46 W-Boiuerml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 11 OCT ALSO ACCEPTING CARGOES TO:PORT VESSEL ETA NEXT BANGKOK CONTERM P. PROGRESS 10/10 17/10 JAKARTA CONTERM EDEN 15/10 22/10 PENANG CONTERM SEROIA 15/10 22/10 PORT KELANG CONTERM SEROtA 15/10 22/10 AUCKLANO CONTERM MULBERA 11/10 25/10 FREMANTLE CONTERM KENARI 16/10
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    • 487 46 CUJi con-wav mTERmoDRpi f" LCL/FCL SERVICE FROM fV/ 7 l IB HI operates over 600 temmal«/ofteos in U.S.A I I I jm K \CWI m»ntains ovor 35,000 tractors fruck* V I|l M McW! services over 60,000 points in US A i|jjp mTwb o,fefrei,ab<oLcL/FcLMrvkses Genaral Agents lA/MT OHk PENANG- KL: allied-link
      487 words
    • 399 46 ■HiilHlilllifilH MANILA ETA VIGOUR PACIFIC 47N8 12/10 VIGOUR SINGAPORE 11NB 19/10 BANGKOK 13/10 20/10 BUSAN 13/10 20/10 HONGKONG 18/10 2S/10 OURBAN/PT LOUIS 23/10 5/11 KERUNG 14/10 21/10 USA 14/10 21/10 PT KELANG 13/10 20/10 KOBE 15/10 22/10 PIRAEUS 13/10 23/10 OSAKA 16/10 23/10 JAKARTA 13/10 18/10 SURABAYA 13/10 20/10 CHINESE-POLISH
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  • Page 47 Advertisements
    • 16 47 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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    • 240 47 vO c vO c vO c vO c vO c vO c >Oc V VAN OMMEREN CETECO GROUP V 0 TRANSPORT DIVISION U Q VAN OMMEREN AIR (S) PTE LTD Q WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, VAN OMMEREN AIR IS READY FOR TAKE-OFF. n WE HAVE VAN OMMEREN AIR OFFICES
      240 words
  • Page 47 Miscellaneous
    • 292 47 TIDES AND WEATHER TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0100 0900 *************************(********************00 2200 2310 JR 30 28 23 1.7 1 1 08 06 07 10 1 7 25 30 30 28 23 16 10 05 03 03 05 10 18 2.5 PP 2
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  • Page 48 Advertisements
    • 846 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST feeder m w re lan UEjjm wmo iw w u» mbl wt mo tch/so rn MM HM 20* *003 17/11 01/10 10/10 H DCPtOKR 11/10 M/U 17/11 M/ll TMHSMORU) M 72
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    • 184 48 [ggj PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmml Voy ata ata ata Sin Surabaya Jakarta Nusantara Pacific 018 11/10 13/10 Tanto Utama 199 10/10 13/10 Nusantara Pacific 028 16/10 19/10 Bontang Pacific 068 16/10 19/10 Tanto utama 201 18/10 21/10 Bontang Pacific 078 23/10 26/10 r
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    • 583 48 CHARTPOINT Every Saturday in Business Times IJT" VISA FREIGHT SERVICES PTE LTD/** mm (INTERNATIONAL FMBQHT FORWARDERS) W J 10 ANSON ROAD. MTBMftnONAL PLAZA, fINQAPOnE OJD7 TEL 22SMM (It LJNES) TEI£X RS MS7O MIA MCSMIE ***** M We Sail The World For You REGULAR GROUPACE LCL CONSOLIDATION SERVICES IMPORT EXPORT Oceania
      583 words