The Business Times, 15 October 1991

Microfilm: NL17721
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday, October 15, 1991 75*
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  • NEWS SUMMARY
    • Article
      Gatt chief hints of breakthrough in global trade talks
      97 1 BANGKOK Arthur Dunkel, director general of the General Agreement on Tariffs and Trade (Gatt), said here yesterday that "something" was happening in global trade talks which have been blocked for almost a year. Bonn has "indicated that Germany was considering, very
      97 words
    • Article
      Plans for new drives
      38 1 DISK DRIVE manufacturer Seagate Technology International of California has announced plans to develop state-of-the-art 1.8-inch drives and its plants in Singapore and the region are likely to benefit from this product development Page 2
      38 words
    • Article
      IMF lauds Viet move
      35 1 INTERNATIONAL Monetary Fund managing director Michel Camdessus has praised Vietnam's efforts to move towards a market-oriented economy but did not say when the Fund would resume aid to Hanoi Pa«e 7
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    • Article
      Trouble for Myanmar
      29 1 MYANMAR's brief flirtation with economic reform is over and the country is once again heading down the hardline road to financial ruin, experts say Page 7
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    • Article
      Kidnappings hit prices
      30 1 A SPATE of kidnappings of businessmen in industrial areas around New Delhi has forced down land prices as potential victims move to other, safer areas Page 9
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    • Article
      Rules under study
      33 1 THE European Community is considering whether to bring the legal gambling industry, worth 46.5 billion European Currency Units a year, under rules of the EC's post-1992 single market Page 9
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    • Article
      Markets for arms
      27 1 WITH the Cold War all but over, the world's arms merchants are now looking to Asia and the Middle East for business Page 11
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    • Article
      European stops
      32 1 A NEW player in the Far EastEurope trade, Eacßen, will call twice at three main European ports when it begins operations on Jan 1 next year. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      45 1 THE US stock market forged ahead early yesterday, bidding to continue last week's rally. The Dow Jones average of 30 industrials rose 14.31 points in the first half hour but the gain had shrunk to 7.38 at 2,991.06 one hour into the session.
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    • Article
      Footsie higher
      28 1 SHARE PRICES were higher on the London Stock Exchange near midday yesterday. At 1130 GMT, the broad-based FTSE 100-Share Index was up 11.1 points at 2,566.1.
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    • Article
      Moves on audit panels
      43 1 AUDIT committees for listed companies in Malaysia may become compulsory, going by the joint proposal being drafted by the Malaysian Institute of Accountants, the Institute of Internal Auditors Malaysia and the Malaysian Association of Certified Public Accountants Page 3
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    • Article
      MUMB's offer
      53 1 MALAYAN United Manufacturing Bhd's proposed voluntary partial takeover of 38 per cent of Beijaya Group Berhad will be made on the basis of 500 new ordinary shares of 50 sen each (with a cash alternative of MSBOO underwritten) and MSBOO in cash for every 1,000 Berjaya (Inter-Pacific) shares
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    • Article
      Firm going strong
      24 1 EVEN as it unravels, an investment partnership headed by William E Simon is continuing to chalk up big profits Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 677.38 +9.07 Kuala Lumpur ....518.80 +8.44 Tokyo 23,860.67 -297.05 Hongkong 4.022.21 +4.23 Sydney 1,563.7. +8.4 Friday Change New York 2,983.68 +7.16 London 2,555.0 -15.8
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    • Article
      CURRENCIES
      22 1 Exchange rates ns$ SS 1.6910 100 Yen SS 1.3098 MS SS 0.6165 Money market rates Overnight unav 3-month 4 3/16 -1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS360.30 +USS3.05 Rubber S'pore Nov 143.00*/kg +2.25 M'sia Nov 229.50«/kg unch KL Tin Turnover 37 tonnes -54 Spot MS 14.84/kg +3 Crude palm oil Turnover 522 lots -1,144 Dec MS836 /tonne +4
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  • Article
    Economy likely to grow 6.5 to 7pc, says BG Lee
    521 1  -  National Business Forum By Kenneth James SINGAPORE The economy should still achieve 6.5 to 7 per cent growth this year, despite the continuing uncertainty in the world economy and flat performances in the financial services and manufacturing sectors, Deputy Prime
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  • Article
    BA's 2-for-l move jolts air industry
    539 1  -  By C K Tan SINGAPORE British Airways jolted the local travel industry yesterday when it announced a two-for-the-price-of-one ticket to London, sending officials of rival airlines into emergency meetings while setting the stage for what could be the travel industry's biggest price war. The
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  • Article
    MAS cuts rediscount rate for export bills
    223 1 SINGAPORE The Monetary Authority of Singapore yesterday cut its rediscount rate for export bills to 4.5 per cent from 5.25 per cent. The MAS move, which comes amidst a general softening of local interest rates, suggests that rates could come down further, say
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  • Article, Illustration
    Commodity futures house closes suddenly
    332 1  -  By Sangeeta Mulchand SINGAPORE Two-and-a-half-year-old commodity futures house Bulls Bears Holdings shut its doors suddenly early last week, leaving its brokers and clients out in the cold. When contacted, assistant superintendent of police Tan Beng Hock confirmed that a report had been filed against a
    332 words
  • Article, Illustration
    Programmes under SEP to be constantly evaluated: Mah
    458 1  -  By Lilian Ang SINGAPORE The Strategic Economic Plan (SEP) unveiled yesterday will be constantly fine-tuned to take account of changes in the world environment. Communications Minister Mah Bow Tan said last night Singapore had to remain flexible, and this could only be
    458 words
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      158 1 hikon I The World s Finest Photographic System More reports on Pg 3: Dr Ohmae's 'regional state' proposal sparks lively debate Employers see need for strong, united voice S'pore doing quite well despite gloomy indicators THE PROFESSIONAL TOUCH LETTERING SYSTEM FOR BOTH PROFESSIONAL AND PERSONAL USE Perfect for presentations, labels,
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  • SINGAPORE NEWS 1
    • NEWS ROUNDUP
      • Article
        Tiffany & Co's expansion plan
        95 2 Tiffany Co's expansion plan UPSCALE New York-based jeweller Tiffany Co plans to open one new store every year in South-east Asia. The company's chairman, William Chaney, said that each store may need an investment of between US$3 million (Sss million) and US$5 million in start-up costs and inventory. To date,
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      • Article
        Nominations for AIA awards
        74 2 THE American International Assurance Co Ltd is seeking nominations for the AIA Achievement Awards. Launched last year, the awards aim to recognise public spirited young people and to identify role models for them. There will be five awards of $1,000 each, three awards of $1,500 each,
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    • Article
      Star TV launches BBC television channel
      316 2  -  By Dexter Lee HONGKONG-BASED Star TV launched the third of its five channels last night with the broadcast of the maiden BBC World Service Television news programme from London across Asia. Besides Singapore and Hongkong, the launch programme was received via satellite in the
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    • Article
      Seagate to develop 1.8-inch drives
      344 2  -  Spin-offs expected for S'pore and regional plants By Claire Leow DISK DRIVE manufacturer Seagate Technology International of California has announced plans to develop state-of-the-art 1.8-inch drives and its plants in Singapore and the region are likely to benefit from this product development. Seagate's key operation
      344 words
    • Article
      PUB expected to sell its expertise abroad soon
      350 2  -  By Quak Hiang Whai THE Public Utilities Board is expected to sell its expertise in the development of water and power supplies overseas soon. The board which is expected to be privatised within the next two or three years set up a
      350 words
    • Article
      EC seminar to draw investment from S'pore firms
      260 2 THE European Community is putting on a seminar next month to encourage Singapore businessmen to invest in 24 European regions. The seminar "Invest in Europe" will bring together senior politicians and administrators from regional governments in Italy, Portugal, Greece, Britain, France, Spain
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    • Article
      Office glut may not be as bad as feared: study
      483 2  -  By Colin Tan THE OVER-SUPPLY of office space in the next five years may not be as bad as previously expected, according to property consultants Knight Frank. A study by the group estimates occupancy rates will fall by just 7
      483 words
    • Article, Illustration
      Ohmae's 'regional state' proposal sparks lively debate
      557 3  -  National Business Forum The borderless world is already taking shape, he asserts By Kenneth James KENICHI OHMAE proved the perfect catalyst at yesterday's National Business Forum when his suggestion that Singapore consider itself a "regional state" focusing on high-level services sparked off an
      557 words
    • Article
      S'pore urged to look outwards
      279 3  -  By Genevieve Cua SINGAPORE has built itself into a strong brand that is well-known overseas, but it is time that it becomes more outward looking. Japanese management guru Kenichi Ohmae last night spoke about the need to encourage Singapore entrepreneurs to explore overseas markets. He
      279 words
    • Article
      EDB has talent-spotting centres in US and London
      224 3  -  By Lilian Ang THE Economic Development Board (EDB) is sourcing for talent from abroad through four key centres, three in the United States and a fourth in London. EDB chairman Philip Yeo said yesterday the three US centres are in Chicago, Boston
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    • Article
      BG Lee urges moderation in wage rises, hiring of foreign workers
      268 3 DEPUTY Prime Minister Lee Hsien Loong yesterday called on companies to consider the state of the economy as well as their individual performances before deciding on matters like wage settlements and hiring foreign workers. For instance, five good years
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    • Article
      Some feel more should be done for SMEs
      209 3 THE perception that not enough is being done to help small and medium-sized enterprises was a burning issue which surfaced time and again at yesterday's national forum. While government representatives stressed that many programmes had already been initiated to help this group
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    • Article, Illustration
      Employers see need for strong, united voice
      325 3  -  By Chuang Peck Ming EMPLOYERS have to build a stronger united front for the sake of better national teamwork, business leaders agreed at the National Business Forum yesterday. They were responding to the National Teamwork Subcommittee, which has called for a more cohesive
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    • Article, Illustration
      S'pore doing quite well despite gloomy indicators: MTI
      260 3 THE ECONOMIC indicators that keep track of Singapore's competitiveness may look bad but they do not point to a repeat of the 1984-85 downturn, a senior official of the Trade and Industry Ministry said at the National Business Forum. Singapore's exports are
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      126 2 Veryproud for being the first Thai»v V owned hotel to receive the prestigious J recognition of uncompromising standards. gratifying to he recognized runner-up in Executive Travel magaZ n€ S Hotel of the Year Awards Very appropriate to be named at awards' ceremony in London's legendary Dorchester Hotel. Very pleasing to
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      62 3 Pegasus Capital A New Partnership Promoting Direct Investments and Technology Ventures in Southeast Asia Richard N Pigossi Scotts Group of Companies PICA (M) Group of Companies Pegasus Capital Pie Ltd Pegasus Capital International Ltd 30 Bideford Road #06-00 Le Gallais Chambers Thongsia Bldg, Singapore 0922 54 Bath Street Telephone 65-235-0311
      62 words
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      15 3 r Buy our n phone system ———————f-——— I now, or pay the price I |qter.j^||
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        MUI sells stakes in two HK subsidiaries
        62 4 KUALA LUMPUR Malayan United Industries Bhd has sold its entire equity interest in its two wholly-owned subsidiaries, MUI International Ltd and MUI Hong Kong Ltd, for HKS7O.2 million and HK542.9 million respectively to MUI Foundation. The foundation is a charitable organisation incorporated in
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      • Article
        Tat Lee Bank's stake in TLF
        84 4 SINGAPORE Tat Lee Bank Ltd (TLB) has applied for all the 9.3 million shares at $1 each in Tat Lee Finance Ltd (TLF) that it is entitled to, representing 25.9 per cent of TLFs paid-up capital. The bank will also apply for an additional
        84 words
      • Article
        OUS net tangible asset backing
        31 4 SINGAPORE Overseas Union Securities Ltd yesterday announced that the group's unaudited net tangible asset backing per $1 share had increased to $2.55 at Sep 30, 1991.
        31 words
      • Article
        Foreign stake in OUB at 28.5 pc
        29 4 SINGAPORE Overseas Union Bank Ltd yesterday announced that foreign shareholdings in the company stood at 28.5 per cent at Sep 30, 1991.
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      • Article
        Rashid Hussain stake approved
        33 4 KUALA LUMPUR General Lumber (Holdings) Bhd said its shareholders had approved its proposed acquisition of a 30 per cent interest in Rashid Hussain Bhd at their EGM last Saturday.
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      • Article
        Aiwa sets up factory in Johor
        101 4 KUALA LUMPUR Japanese multinational Aiwa, a leading manufacturer of audio, video and data communications products, has set up a Ms6o million (Ss37 million) factory in Johor Baru to complement its three factories in Singapore. The new plant, to be called Aiwa Electronics Malaysia Sdn
        101 words
      • Article
        Austral Enterprises profits soar
        111 4 KUALA LUMPUR Plantation-based Austral Enterprises Bhd reported a higher group pre-tax profit of M 54.67 million (552.9 million) for the first six months ended July 31, up 191.4 per cent from M 51.60 million previously on the back of a 26.4 per cent rise in group
        111 words
      • Article
        Temerloh stands to gain M$ l.4m
        49 4 KUALA LUMPUR Temerloh Rubber Estates Bhd said its proposed disposal of landed property, Seatax Plantations Sdn Bhd, Benta Estate and a 51 per cent interest in Temerloh Mill Sdn Bhd will give rise to an extraordinary gain of M$ 1.426 million (Sso.9 million).
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      • Article
        Antah to pay 6pc dividend
        31 4 KUALA LUMPUR Antah Holdings Bhd said a first and final dividend of 6 per cent gross will be paid for the year ended June 30, 1991.
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      • Article
        Berjaya Industrial's dividend
        25 4 KUALA LUMPUR Berjaya Industrial Bhd has declared a final dividend of one per cent gross for the year ended April 30, 1991.
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    • Article
      Lock icon Island & Peninsular turns in lower profit
      169 4 Island Peninsular turns in lower profit Bernama KUALA LUMPUR Island and Peninsular Berhad's group pre-tax profit fell to M$ 12.63 million (557.83 million) for the six months ended July 31, 1991, from M$ 16.89 million previously. It said in a statement yesterday that group turnover rose to M 572.04 million
      Bernama  -  169 words
    • Article
      Lock icon Proposal for KL firms to set up audit panels
      266 4 Bernama KUALA LUMPUR Audit committees for listed companies may become compulsory, going by the joint proposal being drafted by the Malaysian Institute of Accountants (MIA), the Institute of Internal Auditors Malaysia (IIA) and the Malaysian Association of Certified Public Accountants (MACPA).
      Bernama  -  266 words
    • Article
      Lock icon Cepco to be listed on KLSE second board
      293 4 MBT KUALA LUMPUR Concrete Engineering Products (Cepco), a manufacturer of specialised concrete piles for foundation works, has been approved by the Capital Issues Committee for a listing on the second board of the Kuala Lumpur Stock Exchange. The company produces pre-stressed spun
      MBT  -  293 words
    • Article
      Lock icon GCB sees Ms2m from Trans-Crete buyout
      207 4 Bernama KUALA LUMPUR General Corporation Bhd (GCB) expects its proposed acquisition of quarry assets owned by Trans-Crete Sdn Bhd in Masai, Johor, will contribute about Ms 2 million (Ssl.3 million) to the earnings of the group for the financial year ending Jan 31, 1992.
      Bernama  -  207 words
    • Article
      Lock icon United Malacca sees higher prices boosting profits
      253 4 Bernama KUALA LUMPUR United Malacca Rubber Estates Bhd's profitability in the current year will be better than in the previous year because of improved prices for latex and palm oil, chairman Choi Siew Hong said in the company's annual report. Its group operating
      Bernama  -  253 words
    • Article
      Lock icon MUMB to issue new shares, pay cash for takeover
      267 4 Bernama KUALA LUMPUR Malayan United Manufacturing Bhd's (MUMB) proposed voluntary partial takeover of 38 per cent of Beijaya Group Berhad will be made on the basis of 500 new ordinary shares of 50 sen each (with a cash alternative of MsBoo
      Bernama  -  267 words
    • Article
      Lock icon Glass products industry has good prospects, says UMBC
      321 4 Bernama KUALA LUMPUR The local glass products industry has good prospects for continued expansion in view of the anticipated strong growth of the construction industry, which in turn is expected to generate greater demand for sheet glass, said United Malayan Banking Corporation
      Bernama  -  321 words
    • Article
      Lock icon Tractors sees gain of M$ 64m from four disposals
      273 4 Bernama MBT KUALA LUMPUR Tractors Malaysia Holdings Bhd, a member of the Sime Darby group, expects to make an extraordinary gain of Ms 64 million (5539.5 million) from four proposed disposals. In a circular to shareholders yesterday, Tractors said the proposals
      Bernama; MBT  -  273 words
    • COMPANY BRIEFS
      • Article
        Jardine Strategic seeks listing on Aussie bourse
        66 5 HONGKONG Jardine Strategic Holdings Ltd has applied for a listing of its ordinary and preferred shares on the Australian stock exchange, a company statement said. It said dealings were expected to commence in November. The company's shares are currently listed on exchanges in
        66 words
      • Article
        San Miguel-Nestle in tie-up
        75 5 MANILA Philippine food and beer giant San Miguel Corp said it would join Nestle SA of Switzerland in an industrial joint venture in South-east Asia. San Miguel did not say how much it would be investing in the project, which would set up factories for breakfast
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      • Article
        Tiphook to seek HK listing
        73 5 LONDON Tiphook pic said it would seek a secondary listing for its shares on the Hongkong Stock Exchange, complementing listings already in place in London, Frankfurt and New York. Transport equipment renter Tiphook said in a statement that the Hongkong Stock Exchange had given approval
        73 words
      • Article
        McDonald's to refine its image
        66 5 CHICAGO McDonald's Corp, which defined standards for fast food based on uniformity and consistency of product, is refining its image to meet challenges by nutrition activists and aggressive competitors. Introduction of new food menu items, including salads and a low-fat hamburger, expansion into new markets
        66 words
    • Article
      Lock icon Credit Suisse-led group plans to retire debt of Manila bank
      271 5 Reuter MANILA A group of banks led by Credit Suisse of Switzerland's CS Holding is drawing up a four-step plan that hopes to retire the U*****.7 million (S$ 196.6 million) debt by Manila's Atlas Consolidated and Development Corp. One of
      Reuter  -  271 words
    • Article
      Lock icon Hoechst seeks clear rules before tie-ups with Soviets
      427 5 Reuter FRANKFURT Chemicals giant Hoechst AG is ready to set up joint ventures in the Soviet Union, but the troubled country must clarify rules on profits, prices and general responsibility before any deals can be sealed. Management board member Uwe Jens Thomsen
      Reuter  -  427 words
    • Article
      Lock icon Borland's revamp cost higher than planned
      189 5 Reuter SCOTTS VALLEY, California Borland International Inc, which last week completed the acquisition of AshtonTate, said it expects to report restructuring charges for the second quarter ended Sept 30 higher than the US$BO million it had originally estimated. It cited greater workforce reductions and
      Reuter  -  189 words
    • Article
      Lock icon French computer firm Bull said to be worth 5.6b francs
      281 5 AFP PARIS The parent company of the French Bull computer firm is estimated to be worth at least 5.6 billion francs (Ssl.6 billion), according to the commission charged with evaluating the worth of public companies, the government's official journal said
      AFP  -  281 words
    • Article
      Lock icon California rejects private golf club plan
      243 5 Reuter MONTEREY, California A Japanese golf tycoon's plan to sell private memberships in the Pebble Beach golf course in order to finance his purchase of the Pacific coast property was rejected on Thursday by state authorities. The California Coastal Commission, which oversees access to
      Reuter  -  243 words
    • Article
      Lock icon No political motive behind Hyundai probe: Seoul
      193 5 Reuter SEOUL Prime Minister Chung Won Shik has denied any political motive for an investigation into possible tax evasion by South Korea's biggest conglomerate Hyundai. "There is no political reason for the tax probe. It will be conducted fairly but sternly," a National
      Reuter  -  193 words
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      92 4 It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by "Xjl university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      92 words
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      252 5 Wee Kok Wah. Manapnj; Director, Tyres lntcrnatkinal Ptc LtJ <iMI Success... Comes With The Right Partners "From a small tyre retail shop, we have grown into an international distributor sourcing from a wide base of tyre manufacturers worldwide and exporting to more than 30 countries. To keep up, my executives
      252 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Christiania Bank: private share capital is lost
        102 6 OSLO Norway's second largest bank Christiania Bank og Kreditkasse A/S said its private share capital was now worthless, and the bank had, therefore, asked to be suspended from the Oslo bourse. "The board of Kreditkasse was, on Sunday, informed about the preliminary results
        102 words
      • Article
        Indosuez buys Korean stocks
        57 6 SEOUL Banque Indosuez Luxembourg (BI) became the first foreign investor in the Seoul stock market to directly purchase 530 million won (SSl.l million) worth of stocks, a senior executive of Ssangyong Investment and Securities Co Ltd said. The Securities Supervisory Board (SSB) had earlier approved Bl's
        57 words
      • Article
        S&P downgrades Tokyo Big Four
        85 6 TOKYO Standard and Poor's Corp said it lowered the debt ratings of the Big Four Japanese securities houses. Daiwa Securities Co Ltd and Nikko Securities Co Ltd senior debt obligations were lowered to AA-minus from AA Nomura Securities Co Ltd's senior debt was lowered to
        85 words
      • Article
        Yamaichi denies returning fees
        110 6 TOKYO Yamaichi Securities Co Ltd, Japan's fourth largest broker, denied a newspaper report that it had returned part of stock brokerage commissions to a favoured client. "That is not a fact," a Yamaichi spokesman said. "It is true that the client earned profits by selling publicly
        110 words
    • Article
      Lock icon Banesto confident of sale of Fenix insurance affiliate
      388 6 Reuter MADRID Banco Espanol de Credito SA-Banesto said it was confident the sale of 24 per cent of its La Union y el Fenix SA insurance affiliate to Assurances Generates de France, signed on Oct 1, will go ahead as planned. A
      Reuter  -  388 words
    • Article, Illustration
      Lock icon Hashimoto formally quits as finance minister
      394 6 AP TOKYO In a long-expec-ted move, Japan's Finance Minister Ryutaro Hashimoto formally resigned yesterday morning to take responsibility for a series of financial scandals, a government official said. Mr Hashimoto's resignation came just three hours after he returned from a weekend meeting of the
      AP  -  394 words
    • Article
      Lock icon Bank America Corp buys Hawaiian savings bank
      437 6 NYT LOS ANGELES Even as it unravels, an investment partnership headed by William E Simon is continuing to chalk up big profits. Mr Simon's group said on Friday that it had sold HonFed Bank, Hawaii's largest savings institution, to Bank America Corp. Terms
      NYT  -  437 words
    • Article
      Lock icon Swiss Re buys majority in Elvia
      184 6 Reuter ZURICH Swiss Reinsurance Co said it had taken a majority stake in Swiss primary insurer Elvia Schweizerische VersicherungsGesellschaft. Swiss Re had last month announced its intention to take a substantial stake with Elvia's agreement, but said then it did not immediately plan a
      Reuter  -  184 words
    • Article
      Euroclear to accept S'pore equities
      206 6  -  By Quak Hiang Whai SINGAPORE Euroclear, a computerised international clearing system based in Brussels, will accept Singapore equities for custody and settlement from Oct 21. This is possible as Euroclear has developed a link through Singapore's DBS Bank to facilitate the settlement of Singapore equities
      206 words
    • Article
      Lock icon Cayman officials continue rounding up bank assets
      409 6 The BCCI collapse Reuter GEORGE TOWN, Grand Cayman Officials are continuing to round up assets of the scandal-ridden BCCI in this Caribbean banking haven, even though the bank has until mid-December to design a reorganisation plan. Court-appointed BCCI administrator Robert Axford said the
      Reuter  -  409 words
    • Article
      Lock icon Finnish banks going through hard times
      288 6 Reuter HELSINKI A big eightmonth pre-tax loss by Saastopankkien Keskus-Osake-Pankki (SKOPBank) was the latest item of bad news to rock Finnish banks, but analysts caution against concluding the system is in crisis. SKOPBank's 475.6 million markka (SSI9O million) loss followed a statement on Thursday
      Reuter  -  288 words
    • Article
      Lock icon Good times, bad times for US brokers
      501 6 Reuter NEW YORK US brokerages thundered into the fourth-quarter stretch of a re-cord-setting year but must still overcome the hurdles of shaken investor faith and potential fines for wrongdoing, say industry sources. They said last week that although recent allegations and admissions would
      Reuter  -  501 words
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      Page 6 Advertisements Column 1
      302 6 ACHIEVING EXCELLENCE THROUGH CREATIVITY AND INNOVATION MARKETING INSTITUTE OF SINGAPORE SEMINAR CONTENT What to do to stimulate creative environments and harness the creative capacities of the total marketing and management team in striving for excellence. How to identify and overcome company barriers to creativity. Assessing your creative talents. Steps to
      302 words
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  • THE REGION
    • Article, Illustration
      IMF head lauds Hanoi's economic reforms
      252 7  -  Run-up to the IMF meeting From S N Vasuki inBANGKOK IMF managing director Michel Camdessus yesterday praised Vietnam's efforts to move towards a market-ori-ented economy but did not say when the IMF would resume aid to Hanoi. Mr Camdessus said Vietnam was still in
      252 words
    • Article
      No traffic jams — thanks to public holiday idea
      199 7  - No traffic jams thanks to public holiday idea From Magdalene Ng in BANGKOK THE THAIS got it right this time. Their plan to curb Bangkok's infamous traffic jams by declaring a two-day public holiday this week is working. Journalists rushing for IMF chief Michel Camdes- sus's press conference early yesterday
      199 words
    • Article
      Lock icon Hills plays MFN card in US-China trade talks
      260 7 Reuter HONGKONG US Trade Representative Carla Hills said success in negotiations with China over its trade barriers would help Beijing's cause in renewing its Most Favoured Nation (MFN) status next year. Last week, the US announced an investigation into "highly significant Chinese
      Reuter  -  260 words
    • Article
      Lock icon Aquino may halt US operations at Subic next year
      268 7 AP MANILA President Corazon Aquino said yesterday that she was considering asking the US to halt military operations at Subic Bay naval base next year. Senate President Jovito Salonga had suggested that withdrawal of US troops from Subic be completed by
      AP  -  268 words
    • Article
      Myanmar said to be heading for ruin again
      532 7 BANGKOK Myanmar's brief flirtation with economic reform is over and the country is once again heading down the hardline road to financial ruin, experts say. After almost 30 years of the disastrous "Burmese Way to Socialism", the military regime made partial attempts
      532 words
    • NOTE BOOK
      • Article
        HK electronics makers bullish on short term
        121 7 HONGKONG Leading electronics manufacturers in Hongkong expect healthy export sales growth from 1991 to 1992, a trade publishing group said here yesterday. Hongkong suppliers of consumer electronics expect their export sales to increase by an average of 15 per cent in 1991 over
        121 words
      • Article
        Aussie business set to pick up
        80 7 CANBERRA Australian business activity appears set for a very slight pick-up during the rest of the fiscal year to the end of June 1992, the Metal Trades Industry Association of Australia (MTIA) said in a survey report yesterday. The MTIA, covering 18 key industry
        80 words
      • Article
        Tougher Aussie reporting laws
        86 7 SYDNEY Australia's attorney-general Michael Duffy said on Sunday that proposals to toughen up corporate disclosure regulations could be before Parliament by the middle of 1992. Mr Duffy said the government had ruled out calls for quarterly reporting, but was considering a proposal that companies be required
        86 words
      • Article
        Canberra compensates farmers
        60 7 CANBERRA The Australian government has paid A 532.9 million (5544.4 million) compensation to grain farmers for losses caused by United Nations trade sanctions on Iraq, it was announced yesterday. Minister for Primary Industries Simon Crean said the payments covered sales of wheat, rice and yellow split peas
        60 words
      • Article
        Philippine domestic debt up
        74 7 MANILA The Philippines' domestic debt in the form of government securities totalled 298.5 billion pesos (SSIB billion) at the end of the September quarter, up 3.6 per cent from 288.1 billion at end-June, the central bank said. The bank said the modest rise was due to
        74 words
      • Article
        HK smuggling ring smashed
        60 7 HONGKONG Customs officers have smashed one of the territory's largest cigarette smuggling syndicates with the seizure of cigarettes worth HKS9 million (551.96 million) here, police said yesterday. In a raid after four months of investigations following a tip-off, customs officers seized the undeclared cigarettes at a
        60 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      398 7 Manfred Kets de Vnes "Penetrating... perceptive analysis... of the underlying dynamics 0f... various leadership J styles." j* Many Levinson, harvard University, author of CEO y Vou may have read and re-read all the books on successful leadership fJK but nothing will ever beat listening "live" to an expert on management
      398 words
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      Page 7 Advertisements Column 2
      327 7 If a building provides an excellent communication system, location, parking, facilities and maintenance, like the World Trade Center Manager Indonesia, Hongkong Bank Spend five minutes reading this ad and Jakarta's World Trade Center,developed and earn yourself your colleagues' lavish praise for managed by PT Jakarta Land. ygjj-j to come. Here
      327 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      263 8 (What leading industry consultants are saying about NCR's System3ooo/ mm NCR has demonstrated an unmatched commitment to standards, competitive pricing, network management and distributed systems. The company backs its direction with firm financial footing and credible service and support.// Forrester Research Today "open" is not enough. You are peripherals. At
      263 words
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  • THE WORLD
    • Article
      Kidnaps depress land prices around New Delhi
      536 9  -  Potential victims moving out of industrial area From Rajendra Bajpai in NEW DELHI A SPATE of kidnappings of businessmen in industrial areas around New Delhi has forced down land prices as potential victims relocate to other, safer areas. Nearly a dozen businessmen have
      536 words
    • Article
      Lock icon Move to make kidnapping a capital offence in India
      157 9 Reuter NEW DELHI India is working on legislation to make kidnapping a capital offence, following the spate of abductions for both ransom and political motives, a newspaper said yesterday. The move was mooted as police in the capital searched for a
      Reuter  -  157 words
    • Article
      Lock icon European firms call for help to invest in Japan
      245 9 Reuter TOKYO The leading association of European businessmen in Japan urged the government yesterday to take measures to make it easier for European companies to invest in Japan and pre-empt rising resentment over the issue. The level of Japanese investment in
      Reuter  -  245 words
    • Article, Illustration
      Chernobyl N-plant fire scare
      42 9 UKRAINE Workmen inspecting and repairing damage to the second reactor at the Chernobyl nuclear power plant on Sunday after a fire broke out last Friday. The reactor was shut down a minute later but there were no casualties.
      42 words
    • Article
      Lock icon Hard times bring on new forms of exchange
      651 9 IHT GREAT BARRINGTON, Massachusetts Every Sunday morning, thousands of people bearing goods to barter flock to numerous farmers' markets that have sprung up in and around Warsaw. At the same time, over a thousand kilometres away, residents of a small town in
      IHT  -  651 words
    • Article
      Lock icon EC considers harmonising gambling laws
      356 9 IHT BRUSSELS The European Community said last week it was considering whether to bring the legal gambling industry, worth 46.5 billion European Currency Units a year, under rules of the EC's post-1992 single market. The U5556.5 billion (5595.5 billion) industry is the Community's 13th largest
      IHT  -  356 words
    • Article
      Lock icon Ministers agree on tax against global warming
      235 9 Reuter AMSTERDAM European Community environment ministers have agreed that the 12-nation bloc should introduce a hefty energy tax aimed at slashing carbon dioxide output and combating global warming. Dutch Environment Minister Hans Alders said last Sunday that he expected ministers to give the
      Reuter  -  235 words
    • WORLD WATCH
      • Article
        UN meeting to debate ecological responsibility
        101 9 COPENHAGEN United Nations officials and representatives from industry, governments and environmental groups are meeting this week to debate ways of making the world's businesses pay for any ecological damage they may cause. The United Nations Industrial Development Organisation (Unido) called the five-day meeting, which
        101 words
      • Article
        Japanese bankruptcies up 59pc
        87 9 TOKYO Japanese bankruptcies involving debt of over 10 million yen (SSI31,000) each rose 59.1 per cent from a year ago to 845 in September, according to a report by the Tokyo Commerce and Industry Research Co yesterday. September marked the 12th consecutive month of year-on-year increases.
        87 words
      • Article
        Tokyo trade surplus widens
        68 9 TOKYO Japan's customs-cleared trade widened to an unadjusted U559.76 billion (S$ 16.5 billion) surplus last month from US$6.B9 billion a year earlier, and widened to an adjusted U557.67 billion from a revised U557.23 billion a month earlier, the Finance Ministry said yesterday. Trade with the US
        68 words
      • Article
        US plan for Soviet debt rapped
        82 9 BANGKOK A senior German government official yesterday sharply criticised a US proposal to let the Soviet Union delay some debt payments, saying it would be the "kiss of death" for Moscow's international credibility. Finance Ministry State Secretary Horst Koehler said the US drive to
        82 words
      • Article
        Hungary sees free trade zone
        85 9 BANGKOK Hungary will have to form a free trade zone with Poland and Czechoslovakia if the three reforming East European countries win associate EC membership from next January. Hungarian Finance Minister Mihaly Kupa said last Sunday. East European countries have suffered a collapse in trade
        85 words
      • Article
        Protests break out in Tibet
        83 9 BEIJING Emboldened by moves towards independence by the Soviet Central Asian republics, Tibetan nationalists have launched new protests against Chinese rule of the Himalayan region, say official sources. Paramilitary troops forcibly suppressed four non-violent demonstrations in Lhasa, the region's capital and traditional centre of Tibet's
        83 words
      • Article
        Asia is S Korea's top market
        62 9 SEOUL Asia is emerging as South Korea's No. 1 construction market, replacing the Middle East, government figures showed vesterday. The figures, compiled by the Construction Ministry, said South Korean contractors were awarded US$677 million (551.14 billion) in Asia in the first nine months of
        62 words
    • Article
      Lock icon S Korea to probe spending abroad
      371 9 Reuter SEOUL South Korea, which has proclaimed 1992 "Visit Korea Year" to lure free-spending foreign tourists, is checking- credit card records to make sure its own citizens leave their money at home. The Bank of Korea, the central bank, had ordered South Korea's 21
      Reuter  -  371 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      179 9 Always Judge A Restaurant trifle fussy you may immaculate, don't bother looking for say. But then Hung W f chipped crockery or stained tablecloths. Kang Teochew Restaurant is You won t find them here. True VaIH run by fussy people. Who Teochew hospitality. Any Teochew IMH place as much emphasis
      179 words
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  • Article
    Not much time left
    514 10 EDITORIAL OVER the weekend, the USSR delegation to the 46th annual meetings of the World Bank and the International Monetary Fund (IMF) in Bangkok was all smiles. Delegation leader and economic adviser Mr Grigory Yavlinsky and the Soviet central bank chief, Mr Gerashenko, apparently received a
    514 words
  • WHAT THE OTHERS SAY
    • Article
      Funding the universities
      236 10 THE CALL is going out to university alumni and other individual and corporate well-wishers for contributions to the Universities Endowment Fund. The Fund's administrators hope that about 10,000 of the 80,000 graduates will contribute about 1,000 each over the next five years. As for corporate backers, the
      236 words
    • Article
      Seeing through the haze
      143 10 THE haze problem affecting Singapore, Malaysia and Indonesia shows that coordination among them is still inadequate. Singapore chairs the working committee on managing pollution in Asean. Malaysia has suggested that a meeting be held as soon as possible to deal with the problem. But everybody is
      143 words
    • Article
      West should help fight fire
      113 10 IT SEEMS that the haze arising from forest fires in Indonesia is getting worse. The Indonesian government has asked the developed countries to help to put out the fires that are raging in Kalimantan and Sumatra. What is worrying is the impact of these forest
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      Practising compromise
      189 10 THE best hope for both the PRC and Taiwan is compromise. China should understand the concerns of the Taiwanese people and move to allay them. ,seijing should show that it is willing to give local •peoples some say in their own affairs and the best place to demonstrate
      189 words
    • Article
      More effort, more pay
      149 10 THE restructured salary scheme for the public sector, unveiled by Prime Minister Datuk Seri Dr Mahatir Mohamad yesterday, is a comprehensive adjustment for altered priorities and acknowledges that talent, merit and skills that are in demand should be rewarded more and flexibly, rather than in a
      149 words
    • Article
      The China factor
      167 10 ONE notable omission from the Governor's policy speech was privatisation. For a government facing heavy pressures on its financial resources, a recourse to cashing in on some assets might seem not only attractive but expedient. In Hongkong, there has been talk of turning over services such as
      167 words
  • Article
    The shape of steel to come
    1067 10  -  A rapidly growing demand for steel products has motivated Malaysia's steel industry to prepare itself for major expansion. Lilian Ang looks at how the main players will be going about it Lilian Ang THE booming construction industry, the bustling pace of industrialisation, and the
    1,067 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      291 10 Our Recipe For Success Makes Perfect Scents. First, take a spoonful of Sheraton Cuisine. It s our unique way of blending fresh natural ingredients with Asian spices to create C» 5 inflight exotic and delicious dishes. TURBOT FILLET GRILLEDWTTH 8 VEGETABLE VINEGRETTE Mix with The Heritage restaurant for outstanding world-
      291 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      The Corporate Intelligence Agency
      1457 11 With the Cold War over, some Americans are saying the ClA's expertise would be better employed in stealing trade secrets THE French do it but deny it. The Soviets do it, heavy-handedly, and want to do more. The Japanese do it, too mostly through private companies.
      1,457 words
    • Article, Illustration
      Looking to arm the East
      656 11  -  With the Cold War all but over, the world's arms merchants now look to Asia and the Middle East for business. And it's proving to be a very lucrative market, reports Said Abdullah Said Abdullah INTERNATIONAL arms dealers will set their sights on Asia and
      656 words
    • Article
      Asia accumulates an awesome arsenal
      396 11 THE arms build-up in the region appears to have gained momentum recently The International Institute for Strategic Studies says Burma reportedly has US$l billion (Ssl.7 billion) worth of defence equipment on order from Beijing and, in the past year, has taken delivery of six Chinese
      396 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      76 11 .1 pPSSHT»Mti»i; mi g Unbeatable Features Klw it The ONLY system that wil not trap dirt, soap suds <2* j IHffl whatsoever on the bottom track. No sharp oomers or edges. V 'BRs£ Made to measure and lasts forever I 'Mm' !»i| Ideal for condominiums, private housing, health HH 1
      76 words
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  • FOCUS
    • Article, Illustration
      Lock icon Merger a bid to reinforce German steel?
      877 12  -  The Krupp-Hoesch alliance will result in a steel giant. Charles Leadbeater and Andrew Fisher examine how the European steel industry views this development Charles Leadbeater, Andrew Fisher FT A TANTALISING question mark hangs over Fried Krupp's plans for its alliance with Hoesch. A
      FT; Source: Datastream  -  877 words
    • Article
      Lock icon EC nod for French and Luxembourg steel venture
      103 12 FT THE European Community Commission has cleared a joint selling agreement between Europe's biggest steelmakers, France's Usinor Sacilor and Arbed of Luxembourg, AP reports from Brussels. The groups agreed in May this year to set up a joint venture company, EuroprofiL, to
      FT  -  103 words
    • Article
      A year when there was plenty of room at the inn
      789 12  -  Eric Ellis examines the state of affairs at Mount Charlotte, the hotel group in which the S'pore Govt has a substantial stake Eric Ellis The writer is a London-based journalist who contributes occasionally to BT IF THE Singapore Government
      789 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      568 12 P- JOINT CIDB-REDAS-IREM CERTIFICATE IN LEASING AND MANAGEMENT OF OFFICE BUILDINGS AND SHOPPING CENTRES: 3RD COURSE INTAKE The Construction Industry Development Board (CIDB) and Real Estate Developers' Association of Singapore (REDAS) in collaboration with the Institute of Real Estate Management (IREM) from the United States are jointly setting up a
      568 words
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      Page 12 Advertisements Column 2
      192 12 INVITATION to a free seminar on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. I EASY STAFF personnel system is an award winning human resource package. W EASY ASSET fixed assets system that
      192 words
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  • INNOVATION & TECHNOLOGY
    • Article
      Call for national microelectronics projects
      642 13  -  Claire Leow and Joseph Rajendran report on the second part of the National Technology Plan, in which is outlined the government's strategies for Singapore's technological growth Claire Leow, Joseph Rajendran SINGAPORE should have national projects headed by experts who could tackle specific strategies under an
      642 words
    • Article
      Proposal to set up 3 manufacturing technology centres
      385 13 THREE new centres concentrating on manufacturing technology have been proposed to help sharpen Singapore's expertise in this area. The centres have been recommended by a committee set up to study the state of manufacturing technology in the Republic. This committee, headed by
      385 words
    • Article, Illustration
      New uses for old inventions
      54 13 CHIBA, Japan A Casio promotion girl show® off its product of the liquid crystal display (LCD) at the Japan Electronics Show last week. The show focuses on commercialisations and improvements of old inventions such as the LCD which has been around for years on the
      54 words
    • Article
      Lock icon Electronic muffler to curb engine noise
      318 13 NYT AUTOMOTIVE researchers, who have long sought to develop a muffler that would suppress engine noise without creating a drag on horsepower and fuel efficiency, think they are finally nearing that goal. An electronic muffler is under development by a venture between Walker Manufacturing
      NYT  -  318 words
    • Article, Illustration
      Mapping Singapore's future in biotech
      355 13 IN LINE with Singapore's emphasis on building a developed city in the tropics, the government should devote more effort to aquaculture and marine biotechnology. An Institute of Marine Environmental Protection should be formed to identify and protect vanishing marine life and conduct research in tropical
      355 words
    • Article
      TECH TAKES
      486 13 DETROIT One blown fuse can create many annoyances for car owners. With the decades-old system of wiring several controls through a single fuse, a problem with the horn may, for instance, also knock out the interior lights. But automakers are increasingly changing the wiring of their cars by
      486 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      260 13 Enterprise and Management in BT every Monday SIEMENS PLCs from Siemens and I! Texas Instruments: The product families stay the same. The innovation continues. Recently, Siemens purchased the We offer the automation market the Industrial Controls business of Texas strength of a true global player, Instruments. Now it's time to
      260 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      715 14 WHERE TO WINE, PINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, PINE i GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCER HERWW RECIPES AT THE NEWLY RENOVATED PRINGESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALTTIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      715 words
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      Page 14 Advertisements Column 2
      219 14 I WmmJ y M 7pm Midnight M 1 1\\. Adult: 140 inclusive of a beer \V* Child below 10: $20+ I SUe serve the world to you at The Beli'edere. V l)?l™» i m®^n^2r>co'S«« f aod 9 n lotyllomf St :S$9vSD-» V JBSL HAUTE IDEAS FOR JADED PALATES H Slewed
      219 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      683 14 TELEVISION AND RADIO j-vU: v. > J J- wealthy man to follow his 6.45 VW Sud. A j "1 _1 SBC 12 luscious wife. Thev fall for 7.05 Cable News Network. _v_—|imft.. controversial charge asr SE£«a straits (Stereo). Al Mansor. Mansor and World Business Report J-J® Jl 1 See 1115
      683 words
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  • LIFESTYLE
    • Article, Illustration
      Soaking up the sax man
      669 15  -  How good a musician is the Pied Piper of sax? Dawn Tan, who was at his concert on Saturday, finds out Dawn Tan UA SIA has been in- credi- ble" JL. -SL. said Kenny G as he gazed out the window of the coach speeding
      669 words
    • Article, Illustration
      Lock icon British monarchy: moving with the times
      664 15  -  Anne Senior examines a new role for an old institution Anne Senior Reuter IT dates back to the fourth century AD but how will the British monarchy shape up in the 21st century? Royal-watchers believe they can already detect signs of impending change as
      Reuter  -  664 words
    • Article, Illustration
      Steven Spielberg weds; Kate Capshaw
      499 15 CHATTERBOX THERE were no aliens, swashbucklers or killer sharks at director Steven Spielberg's latest production. He married actress Kate Capshaw on Saturday night at a ceremony at his Long Island estate. Actors Harrison Ford and Dustin Hoffman were among the 100 guests at the tent
      499 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      153 15 AND ENTERTAIN jHpn Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Eveiy Monday to Saturday Happy Hours: 6 to 9 pm ANA HOm (one for one special) SINGAPORE 16 Nassim H*. Singapore 1085 Telephone. (65)732 1222 Mongolian Buffet at New Park Cafe Pick the
      153 words
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      Page 15 Advertisements Column 2
      28 15 Lunch $9.00 Dinner $13.50 En/oy our Shahu Shahu Sukiyaki Barbecue RESTAURANT KPBE Tel: 734-6796 4th fir Unit 04-06 07 Tanqlin Shopping Centre Air flown KOBE BEEF also available
      28 words
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      Page 15 Advertisements Column 3
      133 15 DELIGHTFUL CHEF SPECIALS -Xgg JmSL H.k ,V M f T i ■■I ii f iIB -HM ■p? v jm I- For tastes that are truly intriguing, have a go at the superb recom-TAIKAN-EN s Chinese restaurant mendations of our masterchef this (Level 6) October. Tastes that include fabulous Soft Shell
      133 words
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  • SPORTS
    • SIDE LINES
      • Article
        Launch of Courvoisier FCN golf tournament
        93 16 Singapore HE Mr Bernard de Montferrand was the guest of honour at the pre-launch bash of the Courvoisier IfCN Ssl million Hole-in-one Golf Tournament held at the Marina Bay Golf and Country Club on Friday. The French Ambassador teed off from one of the
        93 words
      • Article
        Graf beats Tauziat in Zurich
        107 16 2URICH Top-seeded defending champion Steffi Graf defeated sixth seed Nathalie Tauziat of France 6-4, 6-4 on Sunday to win the U*****,000 (*****,200) European Indoors tennis tournament for the fifth time. Graf rarely was ifr danger in the 66-minute match, despite an inflamed right wrist that
        107 words
      • Article
        Korda takes Berlin title
        85 16 Berlin Fourth-seeded Petr Korda beat qualifier Arriaud Boetsch of France, 6-3, 6-4 on Sunday to win the E >3oo,000 (*****,600) Berlin Open. The 22-year-old tsch reached the final by defeating unseeded German rik Kuehnen in the semi-finals. But the lanky 6-foot-3 (J .90-metre) Korda of Czechoslovakia,
        85 words
      • Article
        Lyle wins with final-round 67
        134 16 MUNICH Sandy Lyle of Scotland shot a final-round, 5-under 67 on Sunday and posted a three-shot victory in the 1.2 million mark (S$ 1.2 million) International Open. Paul Azinger, who shot a 64 on Saturday to close within one stroke of third-round leader Lyle, could
        134 words
      • Article
        Kankkunen may have lost title
        76 16 SAN REMO, Italy Finland's Juha Kankkunen may have lost the world championship this year after retiring from the San Remo rally on Sunday. Kankkunen, only two points behind world champion Carlos Sainz of Spain going into the 11th round of the championship, withdrew with transmission
        76 words
    • Article, Illustration
      Lock icon Sweden takes Dunhill Cup
      585 16 AP ST ANDREWS, Scotland Think of Swedish sportsmen and you think of tennis stars, skiers, ice hockey players. It's time to add golfers to the list. Just ask Mats. Not Wilander. Mats Lanner, the hero of Sweden's winning team in the 16-nation Dunhill Cup at the
      AP  -  585 words
    • Article
      Lock icon Magee beats Weibring to win Las Vegas
      345 16 Reuter LAS VEGAS Andrew Magee parred the second hole of a sudden death playoff to defeat D A Weibring on Sunday and win the US$l.5 million Las Vegas Invitational, which produced record scoring over 90 holes of competition. Magee and Weibring both shot
      Reuter  -  345 words
    • Article
      Lock icon Hard-luck Brooks gets a fast ride out of town
      338 16 AP LAS VEGAS When your luck goes bad in this gambling mecca, a fast exit out of town is not unusual. So it may be understandable that pro golfer Mark Brooks played his final round of the Las Vegas Invitational in
      AP  -  338 words
    • Article
      Lock icon Brabham eclipses GTP record
      613 16 AP DEL MAR, California Geoff Brabham's gutsy thirdplace finish in Sunday's Camel Grand Prix gave the second-generation driver an unprecedented fourth straight I MSA Camel GT Prototype championship. Juan Manuel Fangio II won the season-ending race at Del Mar Fairgrounds for the second straight year, but
      AP  -  613 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      506 16 BUSINESS TIMES TBLBPHONB: 730-3771/3772/3773 PAX: 734-4?>2 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF APV REFRK3ERATION PTE LIMITED (In Msantoere' Voluntary Liquidation) NOTICE OF RESOLUTIONS At wi Extraordinary General Meeting of the members of the thnuMnnnd Company duly convened and held m 26 Bend
      506 words
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      Page 16 Advertisements Column 2
      356 16 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION TOCH INSURANCES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Toch Insurances Pie Ltd hew at 510 Thomson Road #07-01SLF BUtding. Singapore 1129 on the 7th day of October 1991, the following special resolutions were duly
      356 words
    • Advertisement
      Page 16 Advertisements Column 3
      372 16 round you will also be eligible for the Lucky one the designated coloured balls and other lucky player who Hole on Nov 26th 1991 will win a fantastic Porsche 911 Yes, there's $1 Million to be won if you score a Hole- Turbo worth $600,000. The winner also gels to
      372 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market gains 22 points in heavy trading
      4720 17  -  By Dawn Tan SINGAPORE shares surged yesterday in a spillover of buying interest following last Friday's rebound. The local bourse had clearly shaken off its lethargy of the last few weeks and brushed aside the weak performance in major overseas bourses. Bargain hunters
      4,720 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3868 18 9 Main Board OCBC Foreign 1060 +40 3.9% FAN 835 +35 +4.4% Keppel Corpn 705 +25 +3.7% Semb Maritime 352 +24 +7.3% SPH Foreign 1230 20 1.7% UOB Foreign 620 +20 3.3% NatSteel 50* 436 +18 4 3% UOB Wt 285 H7 +6 3% Jurong
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rally on spillover buying from Friday
      4116 19 Bernama THE SHARE MARKET in Kuala Lumpur strengthened further in active trading yesterday on spillover buying interest from last Friday's rebound. The KLSE Composite Index rose 8.44 points to 518.80 while the Industrial Index ended 14.19 points higher at 970.79. There were 219
      Bernama  -  4,116 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      191 19 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 Bonus time is just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that important choice, Business Times hM invited local and foreign experts to
      191 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      356 20 Cib>m> Date Yur Croep Net Net earnings Cross mm to profit/toss (L) per share dividend COM) (cents) v Khong Guan Oct 10 Apr 91 $619.218L($711.1591) 4(4) Rotti Inds Oct 10 Jun 91 $45,747(536.269) 39 9(31 6) 65(76) Sm Spore Oct 3 Jun 91 520.716(528.405) 48(62a) 14(18 la) Tractors
      356 words
    • Article
      PRELIMINARY RESULTS
      355 20 r I Ilium Date Yaar Croap pretax Nat Minings Grass aaa to praflt/lass (L) par skara dWdaad (•000) (caats) YTl Corpn Oct 9 Jon 91 M$30,889(519,311) 13.8(7.9) 10(10 Boostead Oct 2 Jun 91 M$35,810($32,503) 104(8.5) 15(15) S8S Oct 2 Jwi 91 $4,315(14.140) 101(11.5) 7(7) Antaii Hldgs Sep 30
      355 words
    • Article
      INTERIM RESULTS
      505 20 Cifwy Date Hatf-yMr Croap pra-tax Interim am to profit/loss (L) dhrktoid (•000) MMC Oct 10 Jui 91 IKW25.871(S35.303) 20(20) Unphone Tel Oct 9 Jon 91 M$11.018($8,115) Sn rtartamas Oct 8 Jun 91 «d$l,124L($2.531L) M Resources Oct 3 Jun 91 M$99($6,231L) Causeway Sep 30 Jun 91 $784($372) Fit* Offset
      505 words
    • Article
      CORPORATE DEVELOPMENTS
      573 20 Oct 12 Koperatif Serbaguna Malaysia, which holds a 19.7% stake in the widely-diversified Mufti-Purpose Holdings Bhd has won a ruling to dissolve the fund and is negotiating with third parties for the sale of the stake Aokam Tin Bhd is selling a 35% interest in its wholly-owned Pembangunan
      573 words
    • Article
      DIVIDENDS ANNOUNCED
      997 20 CuiTMt Ex Bocks Date Total for Total for paymaat data dooo payatoto tho yoar last yoar tana 5%TE(I) Oct 21 Oct 31 Nov 15 5*TE 10%TE MOB 50c 15*(b) Sep 13 Sep 27 Oct 25 3.5% 2.5% Anmo 20c 5%TE(I) Oct 14 Oct 24 Nov 15 5%TE 12
      997 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      981 20 PrkM M at 14.10.91 Conversion term PrtmHim/ Expiry (discount) Amo«irt Option**' using Company (mil Wrts Share Loan Conv Exar Lnstfc Cash Cash. Loan Goaring Date Mths ■nits) stock ratio prico nom Sth Loft vaino Burwll 115.2 0 200 0 650 1 00 1 00 85 3.25
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    • Article
      RESULTS DUE
      256 20 Main Board La*t FuU Year Company Period Date Year Net EPS &o«» "el anurced endrij (cents) (tv praft last year ($*000) Cerebot Interim Apr 27 Jul 91 12 6 20 0TE(a) 38.911 Tonf Menf Interim Aug 2 Dec 91 4 8 5 0 385 Clob Last Full Year
      256 words
    • Article
      APPROVED ISSUES
      61 20 Company Bonus Issuo H1F Mdgs One-for-two Ex-date Oct 11 Books dose Oct 17 Company Others Ami St Ml Restricted Otter tor Sate of Angkasa Marketing Bhd stares on tt<e basis of SO Angkasa shares of MJ1 each at M$2 50 per share for every 1.000 Amal Steel shares
      61 words
    • Article
      PROPOSED ISSUES
      618 20 Company Rights Issue Asa Pac Land One-for two MS065 per share Mfanct Ttdi One-tor-one fe SI 00 per share Bolton Issue of $90 978m nominal amount of 3.5% Redeemable Unsecured Guaranteed Bonis 1991/96 with 45 489m detachable warrants on the basis of S2 normal amount of Bonds for
      618 words
    • Article
      BONDS, LOANS & WARRANTS
      736 20 BONDS, LOANS WARRANTS Company Coavartfcw parted Caavartiaa tana tar aaa ardhiary sfcara Bml Nt Before 30/6/94 1 warrant 00 cash C4C Nt Before 26/4/93 1 warrant plus MOT cash. Causeway Loan Causeway Nt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant phis $0.77 nominal amount of
      736 words
    • Article
      COMPANY MEETINGS
      246 20 Sine UEP Properties Bhd: 25th AGM at the Kristal Foyer, Ist Floor, Mam Block, Petakng Jaya Hilton, No 2, ialan Barat. ***** Petaling Jaya, Selangor Darul Ehsan on Monday, Oct 21, at 10.30 am. Tanjong Tn Dredging pic: EGM at The Great Eastern Hotel, Liverpool Street, London EC2M
      246 words
    • Article
      RECORD HIGHS & LOWS
      198 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: 1333 08 3/6/91) 1991 1565 58 (3/6/91) 1991 low: *****2 (16/1/91) 1*1 1149 08 <16/1/91) 1990 Nch: 1435 43 (16/7/90) 1990 N* K07.U (27/3/90) 1990 tow: 981 07 09/11/90) 1990 tow: 1079.50 (11/10/90) 1989 Nfh: 1322 00 28/12/89) 1989
      198 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      165 20 NOTICE f OFFICIAL NOTICE 1 We, MAC-NELS HOLDINGS PTE LTD Of 120, Tg Pagar Road, hereby give notice that in consequence of THE PURCHASE OF THE UNDERMENTIONED VESSEL BY US, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 178) In
      165 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei slips below 24,000 level in thin trade
      2234 21 Reuter TOKYO STOCKS slid, with the Nikkei Average back below 24,000 for the first time since Sept 30. Despite the strong yen, brokers said volume and prices faded as investors stuck to the sidelines awaiting fresh factors and ahead of the restrictions
      Reuter  -  2,234 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Share prices close mixed in light trading
      1759 21 AP SHARE PRICES on the Hongkong stock exchange closed mixed in light trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, edged up 4.23 points, closing at 4,022.21. Turnover amounted to HKSB4B million, down from Friday's HK51.159 billion. Brokers
      AP  -  1,759 words
  • Page 21 Advertisements
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  • REGIONAL STOCK MARKETS
    • Taiwan stocks plunge on political jitters
      • Article
        TAIPEI
        544 22 TAIWAN SHARE prices plunged at the opening and finished sharply lower across the board yesterday after the main opposition party placed a demand for Taiwan independence in its manifesto on Sunday, fuelling a political crisis. ■The Weighted Index tumbled 269.17 points or 5.6 per cent to finish at 4,554.50,
        544 words
      • Article
        AUSTRALIA
        812 22 THE AUSTRALIAN share market made healthy gains yesterday after rallying strongly on hopes of a further easing in" monetary policy. Brokers reported strong offshore and domestic buying oraers after acting Treasurer Ralph Wiltold Parliament inflation could be below 2 per cent for calendar 1991. "The market rallied strongly. There's
        812 words
      • Article
        JAKARTA
        725 22 STOCK PRICES in Jakarta closed mixed yesterday in slow trading amid an absence of fresh factors, brokers said. Turnover was about 1.90 million shares and the index eased 1.41 points to 240.53. "There is no factor which can move the market. Nobody seems to want to do anything. It
        725 words
      • Article
        MANILA
        597 22 MANILA SHARE prices surged yesterday after a Philippine telephone stock's gains in New York topped a weekend of good news to boost traders' sentiment. The Manila Stock Exchange Composite Index rose past the psychological 1,000-point barrier for the first time in weeks and closed 30.34 points higher at 1,009.15.
        597 words
      • Article
        SEOUL
        736 22 SHARE PRICES marked a slight gain yesterday in active trading on the Korea Stock exchange. The Composite Index of the ex- change edged up 1.82 points to close at 703.81. Advances led declines 353 to 287 among the 769 issues that changed hands. Volume stood at 16.785 million shares
        736 words
      • Article
        NEW ZEALAND
        328 22 MARKET heavyweights Fletcher Challenge (FCL) and Telecom led the New Zealand share market lower in thin trade yesterday. The NZSE-40 Capital Index finished 24.13 points lower at 1,425.99 and the NZSE-40 gross was index was down 12.52 at 1,447.44. Turnover, at NZ$lO million, was low. FCL, which went
        328 words
      • Article
        Untitled
        1103 22 Close PmioiM Oct 15 AUSTRALIA All Ordinaries Index 1,563.7 1,555.3 +8.4 All Industrials Index 2,428.1 2,418.9 +9.2 All Resources Index 903.2. 895.6 +7 6 Turnover (million) 116.4 91.4 +25 BANGKOK SET Index closed 639.09 Turnover (billion baht) closed 1.79 JAKARTA Composite Index 240.53 241.94 -1.41 MANILA Composite Index 1.009.15 978.81
        1,103 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      34 22 The Thai stock market was dosed yesterday and will be closed today because of the World Bank/IMF meetings in Bangkok. The Bombay stock market report was not available. Chartpoint in Business Times every Saturday
      34 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Hanoi suspends use of dollars for foreign trade
      458 23 Move comes after pressure on banks by the US AFP HANOI Vietnam is suspending its use of dollars for international transactions following US pressure against international banks, Vietnamese financial sources said. The central bank instructed the country's five commercial banks late last
      AFP  -  458 words
    • Article
      Lock icon Japan may have to issue new bonds to make up for revenue shortfall
      488 23 Asahi TOKYO The Japanese Ministry of Finance, facing a predicted shortfall of five trillion yen (Ss6s billion) in revenues in fiscal 1992, may be forced to issue additional bonds to meet expected international aid obligations. Tax revenue
      Asahi  -  488 words
    • Article
      Dollar ends narrowly mixed in late Tokyo trading
      920 23 REPORTS Tokyo: The dollar was narrowly mixed in directionless late Asian trading yesterday as the market turned quiet with the New York market closed for Columbus Day. "With New York on holiday today, it is difficult to move a lot," said a
      920 words
    • Article
      FINANCIAL FUTURES
      1074 23 SIMEX EUWOOOLLM Open High Low Sett Est Vol Op/Int Vol Dec 91 94.31 94.54 9*51 94.52 4650 ***** 624? Mar 92 94.59 94.62 94.59 94.61 4702 ***** 6601 Jun 92 94.39 94.43 94.39 94.41 2300 6555 2169 Sep 92 94.11 94.13 94.11 94.11 700 2062 398 94.12 Dec
      1,074 words
    • Article
      INTERBANK FOREX RATES
      388 23 Cross rates 14 USS SS MS Dm Yen SFr A$ NZS USS 1.6930 2.7430 1.6940 129.00 0.5814 1.4800 1.2523 1.7652 SS 0.5907 1.6202 1.0006 76.1961 0.3434 0.8742 0.7397 1.0427 MS 0.3646 0.6200 0.6176 47.0288 0.2120 0.5396 0.4566 0.6435 Dm 0.5903 0.9994 1.6192 76.15 0.3432 0.8737 0.7393 1.0420
      388 words
    • Article
      MONEY MARKET
      528 23 Interbank rates S$ Bid Offer Overnight unav unav 1-month 4 4 1/8 2-month 4 1/8 4 1/4 3-month 4 3/16 4 5/16 Overnight mode: 3-3/4 LSS 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 months
      528 words
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  • COMMODITIES
    • Article
      Lock icon Gold disclosure by Soviets may trigger new market move
      433 24 Reuter LONDON A definitive statement on Soviet gold reserves could signal either a sharp rally or a further knock for a market that has languished since its dismal performance during the Gulf War, analysts said last week. The disclosure of Soviet
      Reuter  -  433 words
    • Article
      Palm oil prices expected to stay high in next 5 months
      270 24  -  By Shoeb Kagda SINGAPORE Palm oil prices will remain buoyant for the next five months as demand overtakes supply in the short term, said traders yesterday. Crude palm oil (CPO) prices have breached the MSB2O (*****.40) mark for forward
      270 words
    • Article
      Tin gains 3 sen in KL on slight buying interest
      830 24 REPORTS THE PRICE of tin rebounded to close three sen steadier at M$ 14.84 per kg on the Kuala Lumpur Tin Market yesterday on some slight buying interest among local buyers in early trade. However, trading remained thin and lacklustre
      830 words
  • Article
    PRICES
    1352 24 Rubber oa u I »AS (te> hi >■>«) S cents/kg j Noon Close Int 1 RSS Prompt I42.25/I43.25N 142.00/143.00N Int I RSS Nov 91 143.25/143.75 143.00/143.50 Int I RSS Dec 141.50/142.00 141.50/142.00 Int 2 RSS OP I38.00/I40.00N 138.00/140.00N Int 3 RSS OP 136.50/138.50N 136.50/138.SON J Int 4 RSS OP
    1,352 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      758 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 PAX: 734-4982 IN THK MATTER OK THK COMPANIES ACT, CAP. 50 Yl CHKNG PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Yl CHENG PTE LTD duly convened and held at 6001, Beach Road. #17 02. Golden Mile Tower, Singapore 0719
      758 words
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      Page 24 Advertisements Column 2
      808 24 IN THE MATTER OF THE COMPANIES ACT, AND IN THE MATTER OF AIKBANLI GOLD JEWELLERY MFG PTE LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the members of AIKBANLI GOLD JEWELLERY MFG PTE LTD duly convened and held at 7500 A
      808 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1050 25 City Flight ETA night ETD Afca Pfcafci GA893 1225 GA892 QUO AdatoMa QF82 2200 A—MB RJ183 0100 Amtanlaai GA893 1225 GA892 0110 K1837 1340 KL838 2305 AacMaatf SQ388 2045 N236 2305 Banter tori BI421 1105 Bagawaa 8(422 1205 BI429 2030 ***** 2125 8195 2140 Bangkok AY902
      1,050 words
    • Article, Illustration
      Hotels sprucing up for peace
      530 25  -  LETTER FROM PHNOM PENH By Mike Dodd IN a city once noted for its graceful Frenchstyle architecture and then devastated by revolution and war, hotels are sprucing up for a boom when peace finally arrives. Thousands of foreigners are expected to descend on Cambodia after
      530 words
    • Article
      MONEY CHANGER RATES
      151 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3457 1.3S8S Canadian dollar 1.4838 1.3078 NZ dollar 0.9484 0.9867 Sterling pound 2.8984 2.9265 US dollar 1.6902 1.6942 Local dollars to 100 units of foreign currency Austrian schilling 14.04 14.27
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      112 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Oct 17-20 lntemat.onaI Valencia. Feria Muestra- ********** <*, 9 24 Ho|d Barcelona. Foire de *****33IOI FairofHoit.- Spain no Intemacional Exhibition Spain Ba redone culture. Equip- De Valencia ment. Sundries Oct 21-24 Building Riyadh, Riyadh **********8 Machinery Construction
      112 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      54 25 When it conies to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish. Read Chartpoint, a guide to investing in the stock market.
      54 words
    • Advertisement
      Page 25 Advertisements Column 2
      50 25 Thomas and rwi H Torso He once went topless to show off his tough torso in an album cover. Now singer Thomas Teo decides to tell what it takes to produce his famous torso. In Body Secrets today. N At lunchtime. iiyiAkll NEW, NEWS, NEWSY From lunch-time. Monday to Saturday.
      50 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      274 25 7 A-driver is not to overtake on green, perhaps (9) K j j j I 1 I 1 I 8 Catch a right during the HT" iBl ""■H" 10 Surprised to find the vehi- I I I I ]~I j cle is carrying acid (8) Report about overdue 12 One
      274 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      198 25 Singapore Outlook: Hazy with showers over several areas in the afternoon. Report; Maximum temperature 30.5 Assoc humidity 72% Minimum temperature 23.3 Assoc humidity 96% Hours of sunshine 0.80 Rainfall in mm 0.8 Rainfall this month 12.7 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cood. Auckland 17/12 Goudy Bangkok
      198 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      1 25 £&%ma>
      1 words
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  • Article
    Salary increments likely to be smaller next year: survey
    535 26  -  Lower growth will lead to cutbacks by companies By Anna Teo SINGAPORE Despite the economic slowdown, basic pay increases this year have been higher than expected, averaging 8 per cent across the board for all types of employees, a survey has
    535 words
  • Article
    HK lawyers attack secret deal
    486 26  -  Move seen as making post-1997 appeal court Beijing-biased From Catherine Ong in HONGKONG HONGKONG lawyers say a "secret" Sino-British deal on the structure of the territory's post-1997 Court of Final Appeal may undermine the independence of the judiciary. At issue is the composition of the
    486 words
  • Article
    Lock icon IMF calls for firm capitalist action to help Soviet Union
    285 26 Run-up to the IMF/WB meeting Reuter BANGKOK The capitalist world must slash budget deficits, put more money in the bank and stop throwing funds into armaments if it is to make good its promise to help the Soviet Union dump
    Reuter  -  285 words
  • Article
    Anand expected to allay foreign investors' fears
    158 26  -  From S N Vasuki in BANGKOK IN HIS opening address to the World Bank/IMF meeting this morning, Prime Minister Anand Panyarachun is expected to allay foreign investors' fears that Thailand is being run by the military and will point to the turnaround in
    158 words
  • Article
    Lock icon State-run commercial bank for Cambodia
    164 26 AFP PHNOM PENH Cambodia's top banking officials agreed over the weekend to create a state-run commercial bank separate from the central bank, a bank source said yesterday. The heads of bank branches in 20 provinces met here on Friday and Saturday and agreed to set
    AFP  -  164 words
  • Article
    Lock icon Aung San Suu Kyi wins Nobel Peace Prize
    194 26 AFP OSLO The 1991 Nobel Peace Prize was awarded yesterday to detained Myanmar opposition leader Aung San Suu Kyi for her fight for democracy and human rights. "The Nobel committee wants to support the campaign for democracy and human rights in Burma
    AFP  -  194 words
  • Article, Illustration
    A voice for the European Parliament
    782 26  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament WHEN I announced that I was standing for the European Parliament in 1984, there was some surprise. I had been a candidate in the British general
    782 words
  • Article
    Financial managers convinced Suharto to postpone projects
    498 26  -  From Maggie Ford in JAKARTA INDONESIA'S technocratic financial managers, led by the Coordinating Minister for Economic Affairs, Radius Prawiro, have successfully asserted their authority over the future of the country's development, with the postponement of several large industrial projects. At least nine ministers
    498 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      215 26 Baume Mercier GENEVE 1830 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic Cheque-writing! More more to MAX electronic for chequem writing efficiency. -x Jk It's error-free, safe, clean MM easy-to-use A No pre-inked ribbon. No selector level to m 9 a I move No handle to
      215 words
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      Page 26 Advertisements Column 2
      9 26 BG Lee urges moderation in wage rises, Pg 3
      9 words
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      Page 26 Advertisements Column 3
      13 26 Editorial, Pg 10 Myanmar said to be heading for ruin again, Pg 7
      13 words
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      Page 26 Advertisements Column 4
      96 26 _o>_ Baume Mercier GENEVE 1830 ver 70 Anson Road FREEHOLD Office Building W"**« K?. M 20 levels of strata offce space totalling ]L Sg 8,390.93 sq m(90,320 sq ft). If Strategically located at the junction of BK Anson Road and Enggor Street In the .mm immediate vicinity of major prestigious
      96 words
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  • Shipping Times
    • Article
      EacBen: double calls at major European ports
      350 27  -  By Rahita Elias SINGAPORE Eacßen, a new player in the Far EastEurope trade, will call twice at three main European ports when it begins operations on Jan 1, next year. Nine container ships deployed on the service will provide separate loading and discharging
      350 words
    • Article, Illustration
      Lock icon Panama urged to speed up plans for canal and bases
      436 27 Reuter PANAMA CITY Panama is set to inherit a virtual gold mine when the Panama Canal and an estimated US$3 billion (SSS.I billion) in US military installations are turned over by the end of the decade. But experts say the
      Reuter  -  436 words
    • Article
      Lock icon Hornet fighters grounded after fault found
      258 27 Reuter SYDNEY Australia has grounded all 72 of its FA-18 Hornet fighter-bombers and alerted the US manufacturer McDonnell Douglas after finding a wiring fault, a Royal Australian Air Force (RAAF) spokesman said yesterday. The RAAF grounded the As3s million (about 5559.2 million) plane after
      Reuter  -  258 words
    • Article
      INDEX TO ADVERTISERS
      924 27 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 •ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5 The Bank
      924 words
    • Article
      Soviet plane designer drops Australian agent
      335 27  -  By Dexter Lee SINGAPORE Kiev-based Antonov Design Bureau has revoked the operating agency it gave to Antonov Airlines Cargo Services of Australia for the marketing and hiring out of the Soviet-made AN-124 aircraft. Besides being unhappy with its agent's performance, the Soviet company said
      335 words
    • Article
      More sailings between S'pore, PNG
      302 27  -  By Selva Kumar SINGAPORE —-Australiabased C B Marine and Engineering has joined hands with three other shipping lines to increase the frequency of containerised services between Singapore and Papua New Guinea. The cooperation agreement was signed last Tuesday between C B Marine and the carriers
      302 words
    • NEWS SUMMARY
      • Article
        Small European airlines bracing for shakeout
        57 27 EUROPE'S smaller airlines are locking arms to try and defend themselves against ever larger competitors, airline officials and analysts say. To face up to Europe's three dominant carriers, Air France, British Airways pic and Deutsche Lufthansa AG, smaller firms are banding together to prepare
        57 words
      • Article
        Dornier 328 rolls out with 78 orders
        40 27 DORNIER GmbH, unit of Deutsche Aerospace AG (DASA), said it had received two new orders from Nigeria for its Dornier 328 regional aircrafl on the day of its official roll out Back Page
        40 words
      • Article
        DASA to discuss its Casa stake
        39 27 DEUTSCHE Aerospace AG (DASA) said last Sunday it would soon enter into discus* sions with Spain over a new definition of its role in aerospace firm Constructiones Aeronaut icas SA (Casa). Back Page
        39 words
      • Article
        Retracing Columbus' journey
        43 27 REPLICAS of the three ships in which Christopher Colum* bus reached America in 1492 set sail from Huelva on Sunday, a day after the 499 th anniversary of his landing, to re-enact the voyage to the New World Back Page
        43 words
    • Article
      THE SHIPPING GUIDE
      10084 36 This is a list of ships loading n at Singapore for ports around Dahi the world. It tabulates, by Um Mi destination, the name of the ship, the shipping line in- Prospe volved and the estimated TorBa dates of arrival and departure from the Port of Singapore.
      10,084 words
    • Article
      SHIPPING AGENTS
      3290 41 Containerline NV: Belsm Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,290 words
    • Article
      COURIER SERVICES
      253 41 Abacus owners Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corpora boa Tel: 542-8844 Fax: *****16, *****80. Ainwift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Uak International Tel: 344-3377. Fax: *****50. Chatcr Liak Supplies A
      253 words
    • Article
      AIR FORWARDERS
      1543 41 Abe* Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8031 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,543 words
    • Article
      PORT CONDITIONS
      2272 42 ARGENTINA Buenos Aires: Berthing situation normal, except in the case of vessels with a draught with a draught exceeding 26ft, which may still experience a delay of 1-2 days. San Lorenzo: Four vessels loading by-products: I loading soy meal. 1 discharging sulphur. 3 vessels in roads in which
      2,272 words
    • Article
      AIR FREIGHT SCHEDULE
      558 42 ARRIVALS DEPARTURES Op Might Type ETA T From Op Might Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT 1 SIA SQ802 B747F 0230 2 SYD/AKL KAI. KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 I TYO
      558 words
    • Article
      SHIP SALES & TANKER RATES
      1355 42 SHIP SALES TANKER RATES ;VESSELS ON OFFER $ulk Carriers tEmbun: 149,500 dwt and built Sept $1989 China, trying for i'U5548,490,000. The vessel has purchased by the present owners from 'Oak Steamship of Hong Kong in jApril of this year for a price of Ju 5544,000.000. jfhannel Fortune: 69,347 dwt and
      1,355 words
    • Article
      CRUISE & FERRY SCHEDULES
      293 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr IXp Nmm of Vessel ETA ETD Porta of Calls Port Agent OCT 16 16 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 16 19 Nippon Maru 0800 1700 SEA Youth-Seminar Mitsui O S K Lines < Cruise 18 18 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang
      293 words
    • Article
      DAILY FREIGHTS
      737 42 FREIGHT market sentiment on Friday was again firmer as Panamax supply in October began to appear tighter, dry cargo brokers said. Brokers noted an acceleration in Soviet chartering following further US grain purchases, and news Canada was negotiating a new long-term grain agreement with the Soviets. Chartering volume
      737 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        449 43 YwW »«y Ni Anwal Pgrtet Vtvsd Voy No Berth Armai Depart** Marina Terminal 1 Sam* Nordi E102 S02 14 10/1800 Abadi taya 91/15 M03 akx«s*le 1410/2300 Bach Dang 22 5/91 S04 14.10/2200 1510/1500 Batam Baru B97 M04 ak**side 14 10/2300 Hemlock 109 S02 15 10/2100 17.10/1700 Batam
        449 words
      • Article
        IN MALAYSIAN PORTS
        249 43 jooof c ron Berth; 1: Sn Nam Hua No 2, Gentki; 2: Zuang Yun. Hong Soon H; 3: It Jin; 4: nil; 5: nil; 6: ml. 01 jttty: Hai Heng 33. Shoryu Emmy. DC* Orion Gas. Due on Oct 14: Fertility L, Global Mercury, Johan Peart, Barge
        249 words
      • Article
        CONTAINER SCHEDULE
        986 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From ACX lade 54A 16/1200 2 14/1700 15/0659 15/0900 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 M Mariyah 56A 16/0700 1 14/1500 14/1659 14/1900 2 14/1700 15/0659 15/0900 Al
        986 words
    • Article
      Lock icon Small European airlines bracing for shakeout
      614 44 Cooperation in the face of eventual deregulation Reuter PARIS Europe's smaller airlines are locking arms to try and defend themselves against ever larger competitors, airline officials and analysts say. To face up to Europe's three dominant carriers. Air France, British Airways pic and Deutsche
      Reuter  -  614 words
    • Article
      Lock icon DASA to discuss its Casa stake
      152 44 Reuter OBERFAFFENHOFEN, Germany Deutsche Aerospace AG (DASA) said it would soon enter into discussions with Spain over a new definition of its role in aerospace firm Constructiones Aeronauticas SA (Casa). Johann SchaefTler, deputy management board chairman of DASA, the aerospace unit of Daimler-Benz AG,
      Reuter  -  152 words
    • Article
      Lock icon Dornier 328 rolls out with 78 orders
      183 44 Reuter OBERPFAFFENHOFEN, Germany Dornier GmbH, unit of Deutsche Aerospace AG (DASA), said it had received two new orders from Nigeria for its Dornier 328 regional aircraft on the day of its official roll out. Johann Schaeffler, deputy management board chairman of DASA, the
      Reuter  -  183 words
    • Article, Illustration
      Lock icon Retracing Columbus' journey
      285 44 Reuter HUELVA, Spain Replicas of the three ships in which Christopher Columbus reached America in 1492 set sail from Huelva on Sunday, a day after the 499 th anniversary of his landing, to reenact the vovage to the New World. Blessed with calm water after several days
      Reuter  -  285 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      24 27 Lines and services represented by Members ef tbe Registry etf Accredited SMppjngJtjpnts, Singapore National Ship- lor tulvrrlisinfi enquiries, contact Shipping l imes lei 74(120X9/740-2090.
      24 words
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      Page 27 Advertisements Column 2
      191 27 Iv v t 1 W I •i -A.' t "1 ,7 i A* Forwarder 15 to FragM Schedule 16 Container Schedule i' Courier Servras 1$ Cruse 1 F«nr Schedules .1* Oarfy Fraghb 1« Intel to Advertisers I Port Conditions 16 Shwtng 1* Shpjw* Gtade I<UI Shpsales/Tanher Rates 16 Shps m
      191 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      106 28 Portnet of the past. Portnet today. At PSA, we're constantly improving our technology to paper and giving access to real-time shipping information serve you faster, better and more efficiently. and document processing. That's because at the world's busiest port, efficiency 24 hours a day. 7 days a week. Giving you
      106 words
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      1990 29 TEL. *****11 FAX: *****09 Wwwmw BOOKINGS TEL: *****34/*****58 IT Mill Mf| TERMINAIVCFS TEL: *****18 220 I Vn» 1 pesaka jaroine shipping AGENCIES SON. BHD L. A PORT KELANG TEL: *****18 FAX: *****91/*****88 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 ■PPPVPPH Dedicated to Quality Service M>ORT EXPOKT |««t\/WT»Ct |HM |CIM
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      2020 29 TRANSPORT DIARY Oct 15-16: Seminar on Trading. Shipping and Banking Documentation for Procedural Export Operations, organised by Facs World at Carlton Hotel. No* 8 (9am to 2pm): Inmarsat Mobile Satellite Communications Seminar, jointly organised by Singapore Telecom, Singapore Polytechnic and Inmarsat at the Singapore Polytechnic Auditorium. For registration, please contact
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      1518 29 TWO SAILINGS TO USA MAJESTIC MAERSK V.9108 ETA: 22/10 SL EXPRESS V.164E 21/10 Vessel Voy ETA I ETD Feeder by DESTINATIONS Singapore Merkur Delta to rim week Mastic Maertk 9106 ■*****ZEB^33E£E2^SEZI2!E3H2!I22SE22nBHl 22/10 0800 hrs Port MB HBi CFS 21/10 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA CHS
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      967 30 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONDON EXPRESS 04/141 17/10 9/11 5/11 4/11 KITANO 10/341 20/10 6/11 8/11 11/11 12/11 ttIEMMT HAMBURG EXPRESS 05/142 24/10 16/11 12/11 11/11 1. ALL MSTftOUNO P TOKIO EXPRESS 02/342 27/10 13/11 15/11 18/11 19/11 KttAJK PCNAM CAMO KATSURAGI 08/143 31/10
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      669 30 r SEASPAC SERVICE OBECT SOUTH PACIFIC SERVICE SIN NOU suv PPT L J BONTANG 2505E8 28/10 11/11 14/11 10/11 ALSO ACCEPTING CARGO VIA SUVA TO. LAUTOM, PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX L. J BONTANG 2005E8 28/10 2/12 3/12 10/12 11/12
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      1616 30 mxtm. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM OR£ ROT ANT FEL LHA (VIA (VIA (MA ALE) MM) Ml) NORASIA AL MANSOORAH 9132-3 21/10 13/11 15/11 17/11 19/11 11/11 20/11 19/11 20/11 NORTH SEA 133N 21/10 11/11 19/11 23/11 25/11 24/11 25/11 2S/U 27/11
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      1843 31 pipping nmes, mesqay uctooer ia iwi BjgSteamers Maritime Holdings Ltd P&O WM STRAITS SHIPPING Thumn ta BraatL East Malaysia, Containers ¥a* No Klc H'Konf #fW S'pora Alg Sou Ant Rat Hbf I LCA HACKS* 9112 14/10 15/10 13/10 19/10 31/10 03/11 04/11 00/11 ACCEPTS DUE SAI.S I IWERTOOI BAY 0554
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      Page 31 Advertisements Column 2
      1490 31 m p TO: U.S.A./PANAMA FM: U.B.A ./PANAMA < ~ZTZZ YZ YZ 101 CW FOB SA»NO* KYC WSSU/VOY «TC NM SA» <» 1« 0« SSlaaS.-SSS'Sa s S 3 s a S 3 EE sir lis ss si£E»">n?3?^i— SiSL"lr.i:ss SSST gg 3/1 i/1 »/i IAtM gnAioo wuoo i./.o 11/1. .«/!> a/i. M/n
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      Page 31 Advertisements Column 3
      375 31 straitsHapan/ straits service I LOADING FOR CHITTAGONG CALCUTTA I EASTERN PEARL V 9 I ETA SPORE 21/10/91 I LOADING FOB TOKYO/YOKOHAMA I COSMIC MASTER V 3 I ETA SPORE 20/10/91 I ETA PK 22/10/91 I LOADING FOR SENBOKL7NAOOYA ASEAN TRADER Vl4 I ETA SPORE 22/10/01 I ETA PK 24/10/01 I
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      561 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE V&/VOV STOK ROAM/ADAM H'BURG BREMEN MTNERP MITMUMy3ONB 17/10 19/11 25/11 29/11 2/12 9MUATA.33WB 30/11 3/1 9/1 15/1 20/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subi«ct to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria, Genoa, Trlaala. AISO ACCEPTING BOTH
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      Page 32 Advertisements Column 2
      975 32 (g) HANJIN SHIPPING Is sr. [bsIST 7i: E: IE Si ill ii 5?)! i skii ssjss s HJs sua .j;:i js ss I Also accepting Reetef Opentop flitrack etc to San Ftanctto w Oakland All USA TS*T G I inland pointy USEC (MLB) wa Long Btath I if""[ftSlimt Si. ™h
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      Page 32 Advertisements Column 3
      57 32 4%8il 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 IN HEAVY-LIFT, PROJECT CARGOES TO ALL INDONESIA. MALAYSIA. THAILAND. PHBJPINE PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUOS A BARGES. TEL: *****26 FAX:
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      Page 32 Advertisements Column 4
      1188 32 ill I T r J J m n Ht u ii an ki no i« m w »rc lm nm km nf toe m am m ian «04i K/ii u/u n/io n/it n/n 21/1# a/10 n/11 1/11 1/11 4/11 ivn n/u »/n i/u u/u 11/12 12/12 11/12 15/12 a/12 «/i
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      1869 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 M AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****gg*****4 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69^*****50 iwf NEPLINE SDN BHD MALAYSIA in u ln7lclcOQl cI
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      Page 33 Advertisements Column 2
      1054 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4) *****8 JOHORE BAHRU: *****1) *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—O6CHAEGHG WESTBOUC-lOAONG mjMWWPJjgJgnWgj wssns wt law K mc ww Im I«g \am In |»tm Iwn act
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      1479 34 44 _*9 (CR No: **********0M1 MI Hni AS AGENTS: KAWASAKI SINGAPORE (PTC) LTD T T TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I BV J MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I J" JHL A Ah# TEL SA *****00 PK *****01/5 PENANG *****0 J8 *****1. MMMI KAWASAKI KISEN KAISHA,
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      Page 34 Advertisements Column 2
      1168 34 TpQ PHILI-ORI€NT UNCS PT€ LTD 1 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****78/*****38 BY AIR, LAND OR SEA A WE TAKE ON THE WORLD FOR YOU m flfg N Wjffl MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 1 jjf 22 OCT MONTREAL. OTTAWA.
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      1213 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55? fly K■§ PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I [BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIM BKK SIN EQUATOR MAS 19N 17/10 20/10 24/10 KOTA SURIA 9107 18/10 21/10 24/10 BUNGA TERATAI 423 20/10 22/10 27/10 JENLINK
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      Page 35 Advertisements Column 2
      1067 35 BEN LINE CONTAINERS LTD\ 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEI VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Afosu' 368 17/10 2/11 3/11 4/JJ 6/11 Nedlloyd Tokyo 366 17/10 8/M 10/11
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      558 35 ZT MYANMA H FIVE STAR UNE w (Myanmar National Lint) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Mf MERGUI IWW In Pt PWYA VII7W IS/II Oct 10/13 Oel HAKHA V4J2W 10/21 Oct MPA-AN VI WW 27/30 Oct THE BANK LINE (A Mnrlc* of Andrew W*ir SMpp4ng) VT SEMI-CONTAINER SERVICE \l
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      Page 37 Advertisements Column 1
      763 37 ■HPrmMiPiMMH ■rrmn a in i MI lllMftthim r ScanDutchtt 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEOgH VESSEL PKLAWO PENAHO OCCAM VESSEL WW LI HAVWB(I) rPAM<I) S-HAMTTOWd) CTUMO<4) Q-QUMO (»F Saroji/M Mum 1/10 11/11 12/1* 10/10 Vaata/3M 17/10 3/11 4/11 0/11 7/11 0 Smi/R 9m 0/10 11/10 12/10 10/10 ft Ta*y»/X4
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      Page 37 Advertisements Column 2
      662 37 WEEKLY. FIXED DAY. DIRECT CALL WecWoyd FROM PORT kelang and Singapore to rarceloma a Nedlloyd Lines FROM JAM 1902 WEW ZEAUKD/Flil -I VESSEL kt P.K| *Pen **k Sin Slwyi Auckland Fiji(A) Nf*i«*ti<A) Timanj Lrt«t«(B) J""?* 1 H Rouen/9124 30/9 2/10 24/10 24/10 25/10 28/10 11/11 23/11 13/U 14/ 15/1 15/11
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      Page 38 Advertisements Column 1
      812 38 I I TO AUSTRALIA/NEW ZEALAND P*S [IS |Fr«m |hM> SyO Auck |NPE |P CHAIM ||j j iisnl m 24/10 ii/io s/n »/n ivii "/ii MMTMA ■»i 14/11 21/11 M/U 1/12 7/12 10/12 aim HUM M 2 1/12 0/12 14/12 10/12 24/12 27/12 SSE 203 17/12 25/12 JO/12 5/1 11/1 14/1
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      Page 38 Advertisements Column 2
      820 38 EXPORTS 10 H»M>ONG. TWWAN MAMA 4 APAN TWICE WEEKLY MALACCA SIR*.IS SERVICE ni.tam—t inY nil Pfii MT SW ItM HKG KAO KEE TYO SM2 NGO KOB VESSEI *OV~ M* PKI. FCH M.W SW Tram —1« 1210 **910 1410 luo" 2010 ».»e 2« 1» 2».»27» amjak 54A_ ujo 2010 1»10 21M0
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      Page 38 Advertisements Column 3
      1419 38 'to t@ xi *J 1 CHINA OCEAN SHIPPING COMPANY UU FULL CONTAINER LINER SERVICE MALAYSIA* juxirra SINGAPORE'S GENERAL AGENTS KXJNESA s «E*TS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD Kl IE: *****)1/17 FAX *****92,***** TEL: *****00/*****33 MDONESIA MARITiE P. KLAMG TEL 3MIIM/I TLX MA ***** TELEX: ft 2030/1
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      528 39 HONG KONG HANJIN KWANGYANG V.OBIE LOADING COMMENCE: 18/10 21/10 noon BUSAN HANJIN LONGBEACH V.035E LOADING COMMENCE: 17/10 19/10 noon FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETO LOADING FOR DELI INDAH In Port 1410.91 PK BALAM LAMPUNG JAYA 20 10.91 22.10.91 PANJANG PALEMBANG PINANG JAYA In
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      Page 39 Advertisements Column 2
      490 39 Sk TEL: *****33 (12 Lines) m FAX: *****15/*****03 fTlj TELEX: RS ***** RISHIP (3 Linos) PfT ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOADING FOR SPORE ANOINET 25W8 30/11 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 27W8 20/12 OARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      894 39 SEAWARD SHIPPING AND TRADING CO (SI PTE LTD (I* ETA eta SPORE POUT KEIANG PtNANG BIUI lADE 18/10 15/10 Loading tor Male MNAI HUDHU 25/ 10 Loading lor Calcutta KWHN 25/10 20/10 Loading For Male PIONEER SUPREME 26/10 Loading For Malt DONAXUIM 30/10 Loaded For Feliaaru PROGRESS LKRTT 3/11 Loading
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      Page 39 Advertisements Column 4
      719 39 I A BANGKOK m -i m m «n mm. m mmm 718 18/10 10/10 BCNJABHUM (MM Tim to Pt M ttrtl l ?2-lS— IM ZT Wl« 137 20/10 24/10 72S T~ i_o_ 2b 10 KIT! WW OtN St 18/10 Tu 22/11 LYA MAHA MN# TIN Su, 20/10 WM «/10 voy
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      Page 40 Advertisements Column 1
      1262 40 S'PORE MPORT: *****02 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 COIXWBCyS. AFfEM PK SIN PEN PR SIN Colombo 21/10 22/10 23/10 15/10 16/10 17/10 Ldn/Flx/Rdm/Ant Durban/Pt Louis 15/10 16/10 17/10 19/10 20/10 21/10
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      Page 40 Advertisements Column 2
      331 40 jtefc BLUE star lime TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SJM NPI AKL ITT SM MAHSURI 0506 2S/10 C/U VM NPI 1/11 25/11 PROSfCCT 15S 7/11 19/11 WW NPI 21/11 1/12 MANOAMA 0501 19/11 30/11 WW NPI 2/12 29/12 FULLY CONTAINERISED
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      Page 40 Advertisements Column 3
      1227 40 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 I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessel Ivor leta [pest vessel vot spok p. keiamc
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      135 42 ukS. LIVING IT CT' EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
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      16 43 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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      201 43 NOTICE ARTHUR ANDERSEN CO nl SALE BY RECEIVER IrAND MANAGER Offers are invited for the purchase of a coastal tanker on an "as is where is" basis. Particulars of the tanker are: TYPE 3200 m* Twin Screw Clean Oil Motor Tanker REGISTRY/ FLAG Malaysian TONNAGE (DEADWEIGHT) 2751.74 MT DIMENSION (LxßxD)
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      302 43 TIDES AND WEATHER TOPAY*S TIDES (hejflt in metres) HOUR 0000 *****200 0300 0400 0500 0(00 0700 0100 0900 ******************** ISM 16M **********00 2000 2100 22M 2300 JR 12 15 1 8 19 19 18 16 14 1.3 1.3 1.4 16 2.0 2.4 16 2.7 2.6 2.3 19 1.5 1.2 1.0
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      837 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EA3TBOUHP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER WT HP ftt IBN UKHWI WT MO HH OW SU IK HRUL WT KAO TCM/SEA RTL MM Ml 201 N035 14/10 15/11 17/10 H. COMMIOEK 2* 25/10 11/11 14/11 10/11
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      Page 44 Advertisements Column 2
      203 44 figgl PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmml Voy eta eta eta Sin Surabaya Jakarta Nusantara Pacific 018 16/10 18/10 Bontang Pacific 068 17/10 20/10 Tanto Utama 201 21/10 24/10 Nusantara Pacific 028 22/10 24/10 Bontang Pacific 078 24/10 27/10 Tanto Utama 203 01/11 04/11 General
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      Page 44 Advertisements Column 3
      635 44 CHARTPOINT Every Saturday in Business Times We are going to Jtgyyj Tel Fax the GULF, are Singapore *****11 *****59 VOtl? Jakarta *****66 *****14 J Manila *****76 *****79 UAE, SAUDI. Penang *****8 *****8 Port Kelang *****98 *****88 KUWAIT, BAHRAIN, johor. *****1 *****5 IRAN, OMAN Ban kok *****29 2 5938"i7 Brunei *****3
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