The Business Times, 17 October 1991

Microfilm: NL17722
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Thursday, October 17, 1991 75*
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  • NEWS SUMMARY
    • Article
      UN arms inspectors set for another showdown with Iraq
      59 1 MANAMA, Bahrain UN weapons inspectors appeared set yesterday for another showdown with Iraq after Baghdad warned it might shoot down their helicopters, if they operate near Israeli warplanes making overflights. "Under no circumstances will the missions stop," said Alastair Livingston, regional
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    • Article
      US rejects Soviet call for N-tests ban
      51 1 NAPLES, Italy US Dcfcncc Secretary Dick Cheney has rejected a Soviet proposal for a ban on nuclear tests during a visit to Nato headquarters for southern Europe. "A nuclear inventory with testing is safer than a nuclcar inventory without testing," he said on
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    • Article
      Chomel on US racks
      21 1 HOME-GROWN fashion retailer Chomel has broken into the lucrative American retail market with locally-designed lines Page 2
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    • Article
      Top investors in M'sia
      28 1 EUROPEAN INVESTMENT in Malaysia remains low, when compared with Japan, said Malaysian Minister for International Trade and Industry Datuk Seri Rafidah Aziz Page 7
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    • Article
      A voice for the poor
      33 1 THE World Bank and International Monetary Fund should not neglect developing countries for the Soviet Union and Eastern Europe, said both Malaysia's and Indonesia's finance ministers Page 8
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    • Article
      Strong despite slowdown
      24 1 IN SPITE OF a slowdown in the economy, analysts expect Japan's trade competitiveness and employment figures to remain healthy Page 9
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    • Article
      Seabed-fellows
      21 1 JAPANESE company PentaOcean and local firm Koon Construction have a relationship of convenience they are partners and seabed-fel-lows Page 10
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    • Article
      No small feat
      16 1 Barbie doll has gradually broken out of Toyland and entered Artville Page 19
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    • Article
      Marseilles out to woo
      33 1 THE port of Marseilles has launched a major offensive in the Asian market to attract more cargo from the region to use the French gateway. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      48 1 THE New York stock market stalled in early trading yesterday. The I3ow Jones average of 30 industrials was off 1.79 point in the first half-hour but then turned slightly higher to show a 2.68-point gain at 3.044.05, as of 1430 GMT, one hour into the session.
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    • Article
      Footsie higher
      34 1 SHARE PRICES were higher in London at midday yesterday. IX*alers said retail interest was generally light. At about 1115 GMT, the Financial Times-Stock Exchange 100share index was up 6.0 points at 2,582.7.
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    • Article
      No Vancouver too?
      24 1 SINGAPORE AIRLINES may stop flying to Vancouver if Canada docs not allow it to fly to Toronto via Amsterdam Page 3
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    • Article
      Inno-Pac queried again
      37 1 INNO-PACIFIC Holdings has been queried again by the Stock Exchange of Singapore for more details about its Tianjin poultry farm project and the acquisition of 12.86 million Lucky Man Properties Ltd shares Page 3
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    • Article
      Huge loss at Citicorp
      34 1 CITICORP, the biggest commercial bank in the US. shocked Wall Street on Tuesday when it reported a US$BB5 million (Ssl.s billion) loss in the third quarter of 1991 Page 6
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    • Article
      COMMODITIES
      27 1 Wednesday Change BT-MGA 675.37 +0.19 Kuala Lumpur ....517.24 +2.65 Tokyo 24,334.67 +27.04 Hongkong closed Sydney 1,591.4 +4.9 Tuesday Change New York 3,041.37 +21.92 London 2,576.7 +2.2
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    • Article, Illustration
      CURRENCIES
      24 1 Exchange rates USS SS 1.6925 100 Yen SS 1.3019 MS SS 0.6159 Money market rates Overnight 3 3/4 -1/8 3-month 4 1/4 unch
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    • Article
      STOCK INDICES
      38 1 London Gold AM fix USS356.40 -USS2.20 Rubber S'porc Nov 143.50*/kg -0.50 M'sia Nov 229.50*/kg unch KL Tin Turnover 70 tonnes -18 Spot MS 14.85/kg +4 Crude palm oil Turnover 1.268 lots +232 Dec MS836 /tonne -6
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  • Article
    IGB plans mini-city to link KL to Petaling Jaya
    420 1  -  First phase of tie-up with KL city authorities may cost Ms6som By Chew Eng Han SINGAPORE Malaysia's property group IGB Corporation Berhad has tied up with the Kuala Lumpur city authorities to create a mini-city that will link the congested Malaysian
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  • Article
    Lock icon Flow of foreign investments into Malaysia slowing down: bank
    339 1 AFP KUALA LUMPUR Foreign investments which helped fuel Malaysia's economic boom over the past four years are beginning to slow down, a bank reported yesterday. Bank Buruh said that foreign investment accounted for about 57 per cent of overall investments totalling
    AFP  -  339 words
  • Article
    Dr Tan backs Lee's call for clans to run primary schools
    366 1  -  By Chuang Peck Ming SINGAPORE THE Education Ministry yesterday gave its support to Senior Minister Lee Kuan Yew's proposal to invite Chinese clan groups to run six to 12 government primary schools. "The ministry hopes that this proposal can
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  • Article
    Lock icon Tax rise, spending cut likely in KL Budget, says banker
    286 1 Reuter KUALA LUMPUR Malaysia, faced with rising inflation and a trade deficit, will likely cut government expenditure and raise taxes when Finance Minister Anwar Ibrahim presents the 1992 budget on November 1, a banker said. "We expect some taxes to
    Reuter  -  286 words
  • Article, Illustration
    Bangkok to be turned into regional financial centre
    375 1  -  From Magdalene Ng in BANGKOK THAILAND is determined to turn Bangkok into a regional financial centre, and plans to set up an offshore funding service as well as a credit rating agency. Knowing Bangkok cannot compete with the established financial centres of
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  • Article
    E European countries dominate IMF meeting
    110 1 BANGKOK The countries of the forr.ier Soviet Bloc dominated the World BankInternational Monetary Fund annual meeting yesterday as they sought out cash, markets and guarantees to ease their transition to capitalism. Czechoslovakia and Poland called on Western Europe to open markets to their products.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      252 1 R T"^® J Keigns when it pours Advertising 13 Money Changer Rates 29 Weather 29 Aircraft Schedule 29 Money Market 27 Work) News 8,9 Commodities 28 Regional News 7 For market indices, editorial. Company News 3,4,5 Regional Stock Markets 25 advertising and circulation e*Cryptic Crossword 29 SB 20.21 tensions, call
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    • Advertisement
      Page 1 Advertisements Column 2
      59 1 with Carla Hills MEETING US Trade Repre- j sentative Carla Hills for the first time, it is easy to believe that she would personally prefer the quiet negotiation. The public crowbar-wielding image JjU clashes oddly with the ready smile, the easy laugh, the "Oh dear!" on being asked about her
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    • Advertisement
      Page 1 Advertisements Column 3
      49 1 If the rain does not come soon DROUGHT is no natural disaster as far as the Australian government is concerned. Therefore no federal grants for relief. That could change soon as Australian farmers brace themselves for a drought that does not look like going awa>. Full report, I'g 11
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    • Advertisement
      Page 1 Advertisements Column 4
      116 1 10TAL TRANSPORTATION SERViaS CROWN tfc PACinC 36 Pioneer Rood Singapore 2262 Fa* 862 2840 Tlx RS 211 15 CRWNPAC Tel: 861 6818 Kuropean investment in Malaysia remains low, Pg 7 SUCCUMB TO THE EXQUISITE PLEASURES There is no greater joy in Jining titan the taste of Hong Kong style refined
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      Page 1 Advertisements Column 5
      4 1 More reports, Pg 8
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Campaign to recycle aluminium cans
        106 2 ASIA Metals and Asia Pacific Breweries are joining forces to launch an aluminium can recycling campaign. The promotion aims to get the public to take their aluminium cans to collection centres lor recycling. APB will give one cent tor every can received, with another cent
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      • Article
        Suntec awards M&E job
        56 2 SUNTEC City Development Pte Ltd has awarded a $5.2-mil-lion mechanical and electrical installation sub-contract to AEG Pte Ltd. It is the first in a series of M&E contracts for Suntec City and the Singapore International Convention Exhibition Centre. AEG will design, manufacture, supply, install and commission
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      • Article
        Indian delegation in town
        59 2 A DELEGATION from India will meet members of the Singapore Manufacturers Association today to explore jointventure prospects and business opportunities in India in the wake of the liberalisation of the Indian economy. High-level personnel in the team include Vijay Kirloskar, vice-chairman and managing director of India's
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      • Article
        NKF to hold debate
        51 2 THE National Kidney Foundation is holding a public debate on organ donation on Oct 19 at Lc Meridian, as part of the series of events for Transplantation Month. Speakers will be from the Singapore General Hospital, NUS, The Straits Times, National Kidney Foundation and Sultan Qaboos
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    • Article
      STPB taking part in two US incentive events
      183 2 IN A BID to raise its profile in the North American incentive travel market, the Singapore Tourist Promotion Board is taking part in two major incentive meetings in Chicago this month. Incentive travel is usually a holiday trip paid for by a
      183 words
    • Article, Illustration
      Chomel clothes make it to US racks
      328 2  -  By Hong Lee Tiam CHOMEL. the home-grown fashion chain, has broken into the lucrative US retail market with locally-designed lines. It is shipping 15,000 garments a month to department stores in New York, California and other parts of the United States. The owner
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    • Article
      Government can help small retailers up to a point: Mah
      391 2  -  By Elaine Koh THE GOVERNMENT can help small retailers up to a point, but it is ultimately their own entreprenuerial skills that decide whether they can succeed in an increasingly complex and competitive environment, said Minister for Communications Mah Bow
      391 words
    • Article, Illustration
      Hannover — gateway to the world market
      364 2 Hannover gateway to the world market THE Single European Market, the eollapse of the Iron Curtain and the reunification of Germany have opened up the prospects of Hannover as the venue of international trade fairs. About 50 fairs are held annually in Hannover, which has the largest fair grounds in
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    • Article
      Polytechnic can lead in IT application
      183 2 EDUCATIONAL institutions like the Singapore Polyteehnic can lead in showing how information technology (IT) can be applied in daily living, said Parliamentary Secretary for Home Affairs and Labour. Dr Ong Chit Chung, yesterday. Dr Ong. who is also the MP for Bukit Batok. was
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      244 2 FOR SALE BY INTERNATIONAL TENDER I THE MYER CENTRE BRISBANE, AUSTRALIA. Under Instructions From The Provisional Liquidators Messrs R.A. Barber and G.P. Kelly of /Vice liaterhouse AUSTRALIA'S MOST DYNAMIC CBD RETAIL INVESTMENT The Myer Centre, one of Australia's newest TENDERS CLOSE 18 DECEMBER, 1991. and largest CBD shopping complexes, is
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    • Advertisement
      Page 2 Advertisements Column 2
      209 2 /HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide B jsincss Centre Pte Ltd.
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  • COMPANY NEWS 1
    • Article
      SIA may stop flying to Vancouver
      439 3  -  Airline prepared to do this if Canada refuses to let it fly to Toronto via Amsterdam By Conrad Raj SINGAPORE Singapore Airlines is prepared to stop Hying to Vancouver if the Canadian government refuses to allow it to fly to Toronto via Amsterdam even
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    • Article
      Hold on to your shares, SABS tells minorities
      362 3  -  By Dexter Lee SINGAPORE Singapore Airport Bus Services (SABS) has advised its minority shareholders to hold on to their shares in the company because it believes that the Singapore Bus Services' ofTer of $2.79 per share is undervalued. Merchant bank Wardley Ltd,
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    • Article
      Lock icon KL futures exchange will start with 10 stock options next July
      476 3 Bernama KUALA LUMPUR The Kuala Lumpur Options and Financial Futures Exchange will trade in 10 stock options and stock index futures when trading begins in July next year, according to Dr Munir Majid. Dr Munir is chairman of Kloffe
      Bernama  -  476 words
    • Article
      Lock icon MUI reconstruction plan frozen
      265 3 Scheme hinges on offer by MUMB for Beijaya Bernama KUALA LUMPUR Malayan United Industries Bhd's proposed reconstruction scheme has been deferred pending the determination of the partial offer by Malayan United Manufacturing Bhd (MUMB) for Berjaya Group Bhd. Malaysian International Merchant Bankers Bhd, the advisers to
      Bernama  -  265 words
    • Article
      Inno-Pac queried further about Tianjin project
      434 3  -  By William Chia SINGAPORE The Stock Exchange of Singapore, in its second set of queries to InnoPacific Holdings Ltd this month, has asked the company for more details about its Tianjin poultry farm project and the acquisition of 12.86 million Lucky Man Properties Ltd
      434 words
    • Article, Illustration
      L & M unit wins tender for Indian river project
      322 3  - L M unit wins tender for Indian river project By Sylvia Wong SINGAPORE L M Proceq Technology Pte Ltd, a wholly-owned subsidiary of L M Group Investments Ltd, has won a $10.8 million contract to supply bridge bearings for the Narmada Dam and Irrigation Project in the Gujerat state of
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    • Article
      Lock icon EON launches its own Visa card
      206 3 Bernama KUALA LUMPUR Edaran Otomobil Nasional Bhd, which launches its "EON Visa card" for existing and new Proton Saga owners today, hopes to attract 7.000 applicants a month, says its chairman, Tan Sri Jamil Mohamed Jan. The Malayan Banking Bhd-issued credit card offers exclusive
      Bernama  -  206 words
    • COMPANY BRIEFS
      • Article
        Lion Group enters security venture
        90 3 KUALA LUMPUR The Lion Group, together with Seeom Japan and the Royal Malaysian Poliec Co-operative has launched a joint-venture security company called Secom (Malaysia) Sdn Bhd. A Lion Group statement yesterday said Secom was "different from others as it provides complete quality security to a
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      • Article
        OUB directors accept option
        52 3 SINGAPORE OUB director Lee Hee Seng has accepted an option to subscribe for 140,000 ordinary shares allocated to him under the OUB Share Option Scheme for 1991. Another director. Peter Seah Lim Huat, has also accepted an option to subscribe for 90,000 ordinary shares allocated under
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      • Article
        Parkway chief quits MD post
        63 3 SINGAPORE Parkway Holdings Ltd director Tan Chin Nam has relinquished his position as managing director of the company but will remain as the chairman. Tony Tan Choon Keat will take over the post he vacated. Tan Chin Nam has also purchased 160,000 Parkway TSRs, bringing
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      • Article
        Nod given for share scheme
        63 3 SINGAPORE Material Handling Engineering Ltd has received in-principle approval from the Stock Exchange of Singapore to start an employees' share option scheme. An extraordinary general meeting will be held on Nov 6 to seek the shareholders' approval. Employees of the group with at least one
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      • Article
        Penang firm seeks listing
        94 3 KUALA LUMPUR Penang-bascd Golden Frontier Bhd, which is seeking listing on the second board of the Kuala Lumpur Stock Exchange, will soon purchase a M 5500,000 (about S$300,000) modernised freezing equipment known as the individual quick frozen form for its wholly-owned subsidiary Soonfro Food Processing Sdn
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    • COMPANY BRIEFS
      • Article
        Coca-Cola joint venture is China's largest taxpayer
        96 4 HONGKONG Coca-Cola's joint venture company in C hina's largest metropolis of Shanghai has been named as the biggest taxpayer among all soft-drinks companies in China, its spokesman said here on I uesday. The firm, Shanghai ShenMei Beverage and Foods Co Ltd. is ranked
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      • Article
        Nikon sets up in Hungary
        73 4 TOKYO Nikon Corp has established a sales subsidiary in Hungary, its first in Eastern Europe, which will start selling cameras and servicing them later this month, a Nikon spokesman said. Nikon Kft, capitalised at 18 million yen (*****.000) and based in Budapest, is wholly owned
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      • Article
        Daewoo to buy 25pc of centre
        91 4 SEOUL South Korea's Daewoo Corp. the trading arm of the Daewoo Group, has eontracted to buy a 25 per cent stake of a business centre being built in Beijing by Chinese and German firms, a Daewoo spokesman said. Beijing Municipal Commerce Service Network Development
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      • Article
        Toshiba enters deal with MIPS
        85 4 TOKYO Toshiba Corp announced on Tuesday that it has entered a licensing agreement with California-based MIPS Computer Systems Inc that allows the Japanese company to manufacture and sell MI PS-developed chips throughout the world. According to Toshiba, the chips called RISC processors are a new
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      • Article
        Santos project closer to starting
        125 4 ADELAIDE Santos Ltd said its Asl billion (S$ 1.34 billion) south-west Queensland gas project has cleared two administrative hurdles and construction should start later this year. Santos said its joint venture partners had set major terms on the agreement to develop the project after winning
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      • Article
        Amstrad-Tomei talks in last lap
        133 4 LONDON Electronic goods manufacturer Amstrad pic said on Tuesday it was in the final stage of negotiations to form a joint venture with Japan's Tomei International Holdings Limited to market both companies' products in Europe. "The negotiations are expected to lead to the formation of
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    • Article
      Lock icon Meiji Milk claims discovery of Aids-fighting substance
      432 4 AP TOKYO Japan's second largest dairy food producer said on Tuesday that it has discovered a new substance that kills Aids-infected cells and helps prevent infection by the Aids virus. Meiji Milk Products Co said in an announcement that the substance, made from
      AP  -  432 words
    • Article
      NZ probes insider trading in Wilson Neill shares
      468 4  -  From Selwyn Parker in WELLINGTON NEW ZEALAND'S Securities Commission will investigate allegations of insider trading in connection with the stock of beleaguered brewer Wilson Neill Ltd. The government-appoint-ed commission under fire lately over criticism that it acts more like a lapdog than
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    • Article, Illustration
      Lock icon Journalists campaign to block Packer-Conrad bid for Fairfax
      319 4 AFP SYDNEY Journalists employed by the Fairfax group went on strike yesterday as part of an intensifying campaign to block the takeover of their newspapers by media tycoon Kerry Packer. In another move aimed at stopping the takeover, eight eminent Australians, including
      AFP  -  319 words
    • Article
      Lock icon Jakarta bourse gets tough
      245 4 New rules introduced to tighten market regulation Reuter JAKARTA Jakarta's stock exchange has issued a series of new rules which will step up the regulation of the ailing market. The Capital Market Supervisory Board (Bapepam), which controls the market, said the rules cover securities company licensing,
      Reuter  -  245 words
    • Article
      HK's Guoco posts jump in net profit of 43pc
      372 4 HONGKONG Hongkong's Guoco Group managed a 43.7 per cent jump in net profit to HKS249 million (5554.2 million) for the financial year ended June 30. due mainly to the robust growth in banking operations which contributed more than 80 per cent
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    • Article
      Lock icon News Corp hopeful of better results
      444 4 AFP ADELAIDE Rupert Murdoch's News Corp Ltd reported on Monday an A 5393 million (*****.5 million) net loss, after a stream of heavy abnormal losses incurred for the year to June 30. However, the annual meeting was told here that the group managed to
      AFP  -  444 words
    • Article
      Lock icon S Korea's chaebol may have to cut shareholdings
      364 4 Reuter SEOUL South Korea is considering forcing the owners of the country's powerful business conglomerates, or chaebol, to reduce their stock holdings to dilute growing private concentrations of economic power, officials said. Chaebol owners are currently permitted holdings of up to 47
      Reuter  -  364 words
    • Article
      Irregularities cost Pertamina $35m
      268 4 JAKARTA Irregularities in the implementation of state-owned oil company Pertamina's projects in fiscal year 1989/90 cost over 39.9 billion rupiahs (Ss3s million). the Jakarta Post reported earlier this week. According to the newspaper. these irregularities were uncovered by the government Audit Agencv (BPKP). BPKP's chief. Mr
      268 words
    • Article
      Lock icon EC firms continue talks on jointly producing chips
      352 5 Siemens, SGS-Thomson, Philips aim to cut costs Reuter BONN Europe's three main microchip producers are continuing talks on joint production to cut costs but are not considering merging their semiconductor activities. The three firms Siemens AG, SGS-Thomson Microelectronics BV and Philips Electronics
      Reuter  -  352 words
    • Article
      Lock icon Pepsico posts 15pc drop in third quarter profits
      322 5 Reuter PURCHASE, New York Pepsico Inc posted a 15 per cent drop in third-quarter profits on Tuesday, blaming a US$lOO.4 million (S$ 169.7 million) charge linked mainly to reorganising its snack foods division. The Purchase, New Yorkbased company earned U*****.4 million for
      Reuter  -  322 words
    • COMPANY BRIEFS
      • Article
        Westinghouse to borrow up to US$8b more
        102 5 PITTSBURGH, Pennyslvania Westinghouse Electric Corp's financial unit, facing difficulty in selling its short-term corporate debt, plans to increase bank borrowing by as much as US$B billion (S$ 13.5 billion), industry sources said on Monday. Westinghouse issued a statement saying only that it was
        102 words
      • Article
        East Asiatic eyes Australia, NZ
        94 5 COPENHAGEN East Asiatic Co Ltd A/S (EAC) said its graphics division is to set up units in Australia and New Zealand next January which will take over exclusive rights to market products made by Germany's Linotype-Hell AG. It said the new units are expected to
        94 words
      • Article
        BASF to cut employees' bonus
        86 5 LUDWIGSHAFEN, Germany BASF AG will pay its employees a total annual bonus of 392 million marks (about Ss39o million), down from 450 million marks, the company said. "The reduction of the annual bonus reflects the unsatisfactory business developments of the last few months," BASF said
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      • Article
        Coca-Cola cuts profits forecast
        102 5 ATLANTA, Georgia Coca-Cola Enterprises Ine (CCE) said it revised its 1991 earnings forecast to about 25 cents (550.42) a share from the previous 30-35 cents a share and projects operating cash flow for the year will be about 7 per cent below 1990 results. "In our
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    • Article, Illustration
      Nokia plans to step up presence in S-E Asia
      394 5  -  From Sharon Lau in HELSINKI NEXT YEAR will be a challenging one for Nokia (SEA), which has the prospcct af clinching several major projects in telecommunications infrastructure, an area where the Finnish telecommunications giant is rapidly raising its visibility worldwide. Nokia,
      394 words
    • Article
      Lock icon Germany's Hoesch opposes merger with Krupp
      339 5 FT FRANKFURT The management board of Hoesch, the German steel and engineering company, is opposed to a merger with Krupp, the industrial group which last week said it owned a quarter of the shares and wanted a friendly merger. Hoesch's workforce has come out
      FT  -  339 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      102 3 M MIKIMOTO The Originator of Cultured Pearls Since 1893 C. T. HOO Singapore #01-22 Tanglin Shopping Centre. Singapore 1024. Tel: *****47, *****43. HARDY AMIES. \h&' w Sft 1 B ♦'*J;-<> V- <" 'V y,- pf |||p W^M Introducing Mensurar by Hardy A mirs of The if uintessential English jashion for
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      58 4 Wifh I See them with your eyes near Pulau Übin. Of course, it helps if you have your boat. But if you're not quite ready to buy one, call the Boating Circle at 282-4815/ 283-3578 or fax 286-8539 for some very interesting 1 x answers. And find out m ore
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      48 5 jit QP THI SWHPISH SMOKGASWWI) As Swedish As Authentic Swedish Smorgasbord is morsel a masterpiece by the world famous And as long as he's town, there's a f free glass of Aquavit or Absolut vodka for t 'f Diners Cluh cardholders and their guests, OMNI HOTELS ASIA-PACIFIC NORWteSCAN
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        UK auditors want their responsibilities redefined
        93 6 LONDON A wave of British financial scandals has led worried auditors to seek rules making it easier for shareholders to find out the state of a company's finances. The auditors want accounting bodies to redefine their responsibilities now only to company directors so they
        93 words
      • Article
        BCCI Japan wants US assets
        68 6 NEW YORK A court-appointed representative of Bank of Credit and Commerce International of Japan filed a petition in bankruptcy court seeking funds the branch maintained at Bank America. Ichiro Kugisawa, appointed by a Tokyo judge to liquidate BCCI's Japanese branch, is the latest foreign representative
        68 words
      • Article
        US firm's pre-tax charge revised
        75 6 MIAMI American Bankers Insurance Group Inc said it expects a pre-tax charge of no more than US$l.5 million in the fourth quarter of 1991 due to a settlement of previously announced litigation. The company said the litigation involved credit risk insurance written on mobile home
        75 words
      • Article
        JP Morgan may cancel meeting
        101 6 V C 7 NEW YORK J P Morgan Co Inc may cancel a meeting planned with potential investors in a US$lOO million South African bond issue, due to worries that the African National Congress may oppose the deal, a company spokesman said. The bank had
        101 words
    • Article
      JCB now a full-fledged credit card firm
      365 6  -  By Quak Hiang Whai SINGAPORE Japan's JCB International, with 16.5 million cardholders and a network of 1.8 million merchants worldwide, is now a full-fledged credit card company here. It set up its Singapore subsidiary two months ago, upgrading the representative office it opened
      365 words
    • Article
      Lock icon Losses wipe out Norway bank's capital
      201 6 AFP OSLO Depositors in Norway's second largest bank, Kreditkassen, have flocked to withdraw their funds after the bank announced that heavy losses had wiped out its capital and rendered its shares worthless. The bank yesterday sent personal letters to all its customers explaining the
      AFP  -  201 words
    • Article, Illustration
      Lock icon Citicorp halts dividends after US$885m loss
      435 6 FT NEW YORK Citicorp, the biggest commercial bank in the US, on Tuesday stunned Wall Street by revealing a USSBBS million (Ssl.s billion) loss in the third quarter of 1991. The bank also announced it was halting dividend payments for the first time in
      FT  -  435 words
    • Article
      Lock icon Security Pacific prepares for merger with BankAmerica
      382 6 Reuter LOS ANGELES Security Pacific Corp upheld its reputation for surprising Wall Street by releasing third quarter results that clearly indicate it is positioning for a planned merger with Bank merica Corp. analysts said. And, they noted, its actions received a vote of
      Reuter  -  382 words
    • Article
      Lock icon Two more US brokerage houses report strong earnings
      560 6 Shares of Merrill Lynch, PaineWebber up sharply NYT NEW YORK Good news continued to flow from Wall Street on Tuesday, as two of the nation's largest brokerage houses reported strong earnings. Merrill Lynch Co, the nation's largest brokerage house, announced that its
      NYT  -  560 words
    • Article
      Lock icon German banks may lose more if Soviet economy gets worse
      462 6 FT BANGKOK German banks would appear to stand to lose a great deal should the Soviet Union sink deeper into economic crisis and become unable to service its foreign debt. According to government statistics, the total owed to German banks
      FT  -  462 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      149 6 Featuring the latest trends and products in the sports equipment and fashion sector: ispo Asia 91. At the World Trade Centre in Singapore from October 17 to 20,1991. This year's highlight: Golf, with its own special exhibition. Go for it. And go for success. 17- 19 oct Trade Professionals only
      149 words
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  • THE REGION
    • Article, Illustration
      European investment in Malaysia remains low
      354 7 Japanese invest 4 to 5 times more in country KUALA LUMPUR The creation of a single market in 1992 and events in Eastern Europe are preventing the level of European investments in Malaysia matching those from Japan, according to Minister for International Trade and
      354 words
    • Article
      Lock icon Manila govt urged to open economy
      165 7 Reuter MANILA Philippine business leaders yesterday called for increased liberalisation in trade, banking and foreign investment, and urged the government to help exporters by adopting a more "realistic" exchange rate. At the start of a three-day national conference organised by the Philippine Chamber of
      Reuter  -  165 words
    • Article
      Thai investment board identifies focus areas
      298 7 BANGKOK Thailand's Board of Investment has come up with a new investment promotion policy targetted at three major areas: Thailand's provinces, Indochina and the sub-contracting business, says a report in the Bangkok Post. The paper says the policy is aimed at strengthening Thailand's industrial
      298 words
    • Article
      Australia prepares revised offer on trade in services
      352 7 CANBERRA Australia is preparing a revised offer on liberalisation of trade in services as part of a campaign to extract concessions on farm trade in the Gatt Uruguay Round talks. The offer is intended to encourage the EC to respond to pressure
      352 words
    • NOTE BOOK
      • Article
        Sumarlin: cap on projects for sake of private sector
        71 7 BANGKOK Indonesia's decision to cap the number of state-related projects using foreign borrowing is designed to protect the private sector. Finance Minister J B Sumarlin said on Tuesday. The Indonesian government said last Saturday it would proceed with only three investment
        71 words
      • Article
        Plans for Cambodian hotels
        101 7 BANGKOK A Hongkong-based overseas Cambodian entrepreneur is building a three-star hotel in Phnom Penh and has plans to put up another in the Cambodian capital next year. Construction of the Hotel Phnom Penh, a US$4.5 million (about 557.5 million) 140-unit facility, began in July and was
        101 words
      • Article
        Fire experts in Kalimantan
        90 7 JAKARTA Two Canadian forest fire experts have arrived in east Kalimantan to help the Indonesian authorities deal with drought-induced forest fires, which have razed unchecked over the last two months. Canadian embassy spokesman Michel Dupuis said here yesterday the experts, from a private forest fire fighting
        90 words
      • Article
        NZ, Iran in trade agreement
        86 7 TEHERAN New Zealand will import oil, set up joint ventures, and export livestock and agricultural equipment under an agreement signed with Iran. The "note of understanding" signed on Monday also called for technological cooperation, exchanges of university students and professors and continued efforts from New
        86 words
      • Article
        Violation of sovereignty charge
        140 7 SIGATOKA, Fiji New Zealand had violated the sovereignty of Fiji by sending customs officers here without permission to inquire into the local garment industry, the government said yesterday. New Zealand customs officers arrived in Suva on Monday, saying they had been sent to ascertain whether the
        140 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      206 7 Mr. JannieTay, Managing Director. The Hour Gla» Gump Success... Calls For The Best Resources "We have diverse business interests in wholesaling and retailing of watches, in jewellery, a restaurant chain and in properties. So you can imagine the challenge that comes with managing our finances. This is where the American
      206 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Brazil agrees to comply with IMF loan terms
        121 8 BANGKOK Brazil has agreed to meet stringent fiscal and monetary targets as a condition for a US$2 billion (553.38 billion) standby loan from the International Monetary Fund, Brazil's chief debt negotiator Pedro Malan said on Tuesday. "We have a basic agreement on
        121 words
      • Article
        Saudi Arabia to expand refinery
        93 8 DUBAI Saudi Arabia is launching a multi-billion-dollar oil refinery upgrading and expansion plan and is awarding Foster Wheeler Corp the programme management contract for work on three refineries. Gulf oil industry sources said. The programme, which is expected to span the next decade and involve
        93 words
      • Article
        EC agree on safe product rules
        122 8 LUXEMBOURG EC ministers broke new ground for consumers on Tuesday by agreeing on ways of alerting each other to dangerous foods or faulty products and securing their rapid withdrawal from shops across the 12-nation European Community. "This is an important step on the road
        122 words
      • Article
        France firm about farm subsidy
        99 8 PARIS France says it is holding firm in its refusal to consider any new compromise on farm subsidy cuts in the current world Gatt negotiations, but that a quick move on European Community farm reform may unblock the talks. "Let's go ahead with the farm
        99 words
      • Article
        Clash at environment conference
        77 8 COPENHAGEN Delegates from the developing and industrialised worlds clashed at an environment conference over how much pressure should be put on multinational companies to help the Third World. Delegates to the minis-terial-level Conference on Ecologically Sustainable Industrial Development said poor countries felt particularly angry about the
        77 words
    • Article
      Lock icon Vietnam seeks US$600m for reforms
      237 8 Reuter BANGKOK Vietnam said on Tuesday that it would need US$6OO million (551,014 million) in foreign loans between now and 1993 to clear its debt to the International Monetary Fund and to restructure its economy. Nguyen Cong Hai, international department director of the State Bank
      Reuter  -  237 words
    • Article, Illustration
      Don't neglect developing nations when aiding E Europe: ministers
      292 8  -  46th annual International Monetary Fund-World Bank meetings From Magdalene Ng in BANGKOK THE FINANCE ministers of Indonesia and Malaysia lent their voices yesterday to the many heard recently in Bangkok that the World Bank and IMF should not neglect developing countries
      292 words
    • Article, Illustration
      Economist explains Moscow's dire state
      496 8  -  From S N Vasuki in BANGKOK IN HIS black suit and customary banker's tie, the swarthy young gentleman at the Queen Sirikit Convention Centre looks like an investment banker making his rounds in quest of big bucks. But Grigory Yavlinsky, architect of the Soviet economic
      496 words
    • Article
      British Chancellor sees UK economy recovering
      217 8 BANGKOK British Chancellor Norman Lamont is optimistic that the UK economy will begin to recover this year, despite a slight drop in manufacturing output and the producer price index in August. Mr Lamont told reporters in Bangkok for the World Bank/IMF conference that Britain's
      217 words
    • Article
      Lock icon UK manufacturing data shows recovery will be slow
      337 8 Reuter LONDON A fall in British industrial production in August has dented hopes that British industry is set for a swift recovery from economic recession, economists say. "The economic recovery is not coming through as strongly as some people had hoped, and
      Reuter  -  337 words
    • Article
      Delay in dam project financing upsets Thailand
      227 8  -  From Magdalene Ng in BANGKOK THAI Finance Minister Suthee Singhasaneh is disappointed with the World Bank for having postponed a decision on financing his country's Pak Mool dam project. Addressing the World Bank/International Monetary Fund conference in Bangkok, Mr Suthee said: "There are
      227 words
    • Article
      Hysteria reigns as author of Liars' Poker takes aim
      380 8  -  From S N Vasuki in BANGKOK IN HIS bestselling book Liars' Poker, Michael Lewis made a fortune taking an irreverent look at the goings-on at Salomon Brothers, Wall Street's mighty brokerage house. The securities dealer-turned-writer is now in Bangkok for the
      380 words
    • Article
      Japan competitive even as economy slows down
      446 9 Bankruptcies, sluggish investment signal end of an era TOKYO Record high bankruptcies, sluggish capital investment and other key indicators are signalling the end of an unprecedented era of economic growth, but analysts expect Japan's trade competitiveness and employment figures to remain healthy. The
      446 words
    • Article
      Lock icon European businessmen warn Tokyo to open its market
      439 9 IHT TOKYO European business leaders, saying their ability to compete worldwide is being undermined by Japanese reluctance to accept foreign trade and investment, warned Japan on Tuesday that it could be shut out of foreign markets unless it overhauled its attitude. At
      IHT  -  439 words
    • Article
      Lock icon Inventory shrinkage in US slows down
      270 9 AP WASHINGTON US businesses cut their inventories by just 0.1 per cent in August, the government said on Tuesday in a report which analysts said signalled that companies may be anticipating stronger consumer demand. "While it isn't an improvement, it no longer is deteriorating,"
      AP  -  270 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      149 8 The Bottom Line, Back Pg Fine Fare For A Perfect Evening I To kick off that perfect evening, And for that perfect ending, savour I select from the freshest greens and scrumptious desserts with a hot cup I delectable appetizers and be served of coffee or tea. I with sherbet.
      149 words
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      Page 8 Advertisements Column 2
      8 8 LEADING HOSTESSES, WAITRESS, WAITERS MAMA SANS, HOSTESSES I
      8 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      136 9 THE LEADING EDGE IN LUGGAGE DESIGN iH'nlHl^^^HulmliSl :•I RAM For Sales. Service Repairs PACIFIC RAM PACIFIC PTE LTD Phone 353*866 The ambitious employee on the move. Seeking a company which can offer him better and improved benefits. An ail-too familiar picture? caring employers a J J [mj Lwj I H
      136 words
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  • Article
    Lady in loneliness
    502 10 EDITORIAL THE lady is her father's daughter, and carries a great deal of paternal political baggage. There is, however, more to the personality of 46-year-old Aung San Suu Kyi, Nobel Peace Prize winner for 1991 and daughter of Bogyoke Aung San, who was the architect of modern
    502 words
  • WHAT THE OTHERS SAY
    • Article
      Making 2030 relevant
      263 10 THE aims of the Strategic Economic Plan to make Singapore as rich as the United States will be on a per capita basis in the year 2030 are no pie-in-the-sky dreams, if the achievements of the past 20 years are any guide. The SEP's strength lies in
      263 words
    • Article
      Prize good for Burma
      133 10 AUNG San Su Kyi, the pro-democracy fighter of Burma, has won this year's Nobel Peace Prize. It is a great honour for her countrymen in their quest to liberate their country from military dictatorship. Despite its legitimate claim based on the returns of the general election
      133 words
    • Article
      Maintaining growth
      150 10 DEPUTY Prime Minister Lee Hsien Loong recently pointed out a statistical fact which we should pay attention to. He said if Singapore's economy continued to grow at the rate of 6 per cent annually, the income of Singaporeans would double in 12 years. Although only an island state,
      150 words
  • REGIONAL VIEWPOINTS
    • Article
      Keeping hopes alive
      187 10 LIKE (Muhandad Karamchand) Gandhi, Aung San Suu Kyi, the 46-year-old Myanmarese opposition leader who won the 1991 Nobel Peace Prize, has remained opposed to the use of violence during all her struggles, even in the face of brute military force. For all those in Myanmar who stand
      187 words
    • Article
      Politics in Japan
      172 10 EVEN though its official announcement is only three days away, the election of the president of the ruling Liberal Democratic Party (LDP) the de facto selection of the next leader of Japan elicits no enthusiasm from the public. That is said to be largely attributable to the
      172 words
    • Article
      Pay and performance
      148 10 THE reaction so far has been very favourable to the government's revamped remuneration scheme (Sistern Saraan Bant or SSB) which is to be much more than just a collection of salary scales. The great challenge that faces the powers-that-be in the civil service is effectively and efficiently
      148 words
  • Article, Illustration
    Partners and seabed-fellows
    727 10  -  Sangeeta Mulchand looks at the successful partnership between a Japanese company and a local one in land reclamation projects Sangeeta Mulchand JAPANESE company Penta-Ocean and local firm Koon Construction have a relationship of convenience. That is to say that they have decided against marriage (an official joint-venture),
    727 words
  • Page 10 Advertisements
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      182 10 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 Bonus time is just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that important choice, Business Times has invited local and foreign experts to
      182 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      37 10 POONESBURY BY GARRY TRUDEAU HtUO'. aP>OU I NOT LtTTLt JXL6BT H ULI? BUT YOU SUET- WA L &RLgA AJO6 M KLfl OUT OF MM HAMT ftMJi JOB* SCHOOL! m m STARTW 1 PONT SCHOOL MINP. CAN k;
      37 words
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  • ANALYSIS
    • Article
      Bone dry and getting worse
      1323 11  -  A severe drought is threatening the livelihood of Australian farmers. Sydney Correspondent Florence Chong reports Florence Chong AUSTRALIA'S farmers are bracing themselves for one of the country's worst droughts. Coming on top of the recession, the impact on the Australian economy could be severe. So
      1,323 words
    • Article, Illustration
      Lock icon The lady in trade
      1204 11  -  Economics Correspondent Kenneth James meets US Trade Representative Carta Hills and speaks to her about her country's stand on trade Kenneth James Cocktails. The wine flows freely, the chatter too. An American diplomat, hearing that BT is about to interview Carla Hills, asks with a broad
      Photo by Arthur Lee  -  1,204 words
    • Article
      Lock icon The Nobel Foundation bounces back
      782 11  -  There was a time when the Nobel prize was in clanger of losing its prestige because of a depleted endowment, writes Randall Mikkelsen Randall Mikkelsen Reuter THE charitable foundation administering the prestigious annual Nobel awards is so successful that it almost deserves a prize in
      Reuter  -  782 words
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  • FOCUS
    • Article, Illustration
      Market talk: loud and clear
      1107 12 Radical economists are rewriting their critique of capitalism WHAT do you do when you're caught on the wrong side of history? For radical economists in the United States, that's the question of the hour. For 25 years, the radicals' criticisms of capitalism and markets have
      1,107 words
    • Article
      How radical economists are changing their views
      125 12 Socialism Old: Socialism requires central planning and state-owned businesses. New: Socialism means worker ownership and workplace democracy and includes freedom of choice for consumers. Markets Old: Markets often lead to perverse outcomes and more inequality. New: Markets can and should be harnessed for
      125 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      484 12 ."jrv^RMH y »y*£§j|HH Or tnhuch added. Macintosh series Cbmk Laptop computer computer Recotdrr The new IQ-8200. language, programming, and game cards. With lots more on Th W ,f-, h a?ml Pand t itS Flec,ronlc or S anlzer ra "B c 6 And you can link up with IBM-compatibles, Macintosh. The
      484 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      On-line system for agencies to check ad space in papers
      499 13  -  Sangeeta Mulchand takes a look at the latest service offered by Singapore Press Holdings to advertising agencies Sangeeta Mulchand FROM Dec 11, advertising agencies will be able to check the availability of advertising space in any Singapore Press Holdings newspaper
      499 words
    • Article
      Lock icon Revamping campaigns to meet changes
      615 13 Two US consumer-product companies launch new advertising strategies NYT WHEN it comes to a long-running, successful advertising campaign, how long is too long? And if an agency and its client decide that it is, indeed, time to shift a campaign, what do they do for
      NYT  -  615 words
    • Article
      Johnson & Johnson enters sanitary napkin market
      509 13  - Johnson Johnson enters sanitary napkin market Its new product contains an aquatic plant which allows the napkin to hold up to 20 times its weight in fluids, reports Sangeeta Mulchand Sangeeta Mulchand JOHNSON JOHNSON, best known for its babycare products, has set its sights on securing up to 15 per
      509 words
    • Article
      Lock icon South Indian coffeehouse targets delicacies worldwide
      637 13 NYT EVERY month, Sadanand Maiya, a partner in the Mavalli Tiffin Room, perhaps the best-known coffeehouse in southern India, supervises a task that would make most small restaurateurs cringe he orders the smashing of all chipped or cracked crockery. The damage adds up to
      NYT  -  637 words
    • Article
      COPY LINES
      389 13 IN A bid to step up its marketing activities in Asia, the New Zealand Tourism Office (NZTO) has appointed Hill and Knowlton Asia Ltd to co-ordinate its regional public relations, and McCann Erickson Singapore to put together a regional advertising campaign. Fergus Brown, the regional director of the
      389 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      188 13 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. EASY STAFF personnel system is an award winning human resource package. l EASY ASSET fixed assets system that manages
      188 words
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      Page 13 Advertisements Column 2
      18 13 i% Hm uSm S gBMH&* in ijf 300 ORCHARD ROAD UNIT 02-03 THE PROMENADE SINGAPORE 0923 TEL: *****37
      18 words
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  • Page 14 Advertisements
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      234 14 THE FINEST RESIDENTIAL APARTMENTS IN SINGAPORE OFFER YOU SPACE, ATMOSPHERE AND A PLACE UNDER SPIT 1 THE SUN. Living in 'Juniper at Ardmore" offers you a unique opportunity in J I high-rise living in Singapore's premier residential district. •J How many four-bedroom apartments in Singapore come with an ambience A
      234 words
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  • SPORTS
    • Article, Illustration
      Some tips on how to capture that big one
      622 15 SINGAPORE "Ace", "hole-in-one", "the big one" it's known by many names, but whatever you call it, it is the one big moment every golfer dreams of. Now, it could be even more valuable, in the Courvoisier FCN Sim Hole-in-One Golf Tournament.
      622 words
    • Article, Illustration
      Lock icon Chang overcomes Haarhuis in China
      535 15 AP BEIJING American Michael Chang cTefiwfted Paul Haarhuis of the Netherlands 6-3, 6-1 on Tuesday in the first round of the Marlboro Championship tournament. Chang, 19, got off to a shaky start when Haarhuis broke his serve in the first game, but he broke right
      AP  -  535 words
    • Article
      Lock icon Pretoria to decide on Olympics next month
      364 15 Reuter SYDNEY South African sports bodies which are still racially divided might be barred from taking part in next year's Barcelona Olympics even if the republic participates, the country's Olympics chief Sam Ramsamy said yesterday. South Africa's Olympic committee will decide early next
      Reuter  -  364 words
    • Article, Illustration
      Lock icon Baker-Finch in fitness bid
      323 15 AFP WENTWORTH. England British Open champion lan Baker-Finch arrived here on Tuesday for the World Matchplay Championship and immediately set himself a fitness target. "I've just had my longest break ever from golf," explained the Australian, who has been out of action because his wife gave
      AFP  -  323 words
    • Article
      Lock icon Simpson aims for third title at Disney Classic
      267 15 AP LAKE BUENA VISTA, Florida Tim Simpson hopes to end a year-long drought this week when he seeks his third straight title at the US$l million Walt Disney World Golf Classic that began yesterday on three courses. Simpson, 83rd among the 1991
      AP  -  267 words
    • SIDE LINES
      • Article
        Stich eliminates Lavalle in straight sets
        89 15 VIENNA Top seed Michael Stich of Germany defeated Leonardo Lavalle of Mexico 6-3, 6-3 on Tuesday in firstround action of the CA tennis tournament. Yugoslavia's Goran Prpic, the No 4 seed, was eliminated. "A necessary victory," commented Stich after his performance. The German, ranked
        89 words
      • Article
        Navratilova wins easily
        66 15 FILDERSTADI", Germany Top-seeded Martina Navratilova of the United States defeated Meike Babel of Germany 6-4, 6-2 on Tuesday in a first-round match at the U*****,000 WTA women's tennis tournament. Navratilova. fourth in world ratings, needed one hour and one minute to defeat the qualifier from Germany. In
        66 words
      • Article
        Santoro upsets Rosset
        66 15 LYON. France Unseeded Fabrice Santoro of France defeated defending champion Marc Rosset of Switzerland 6-1, 6-3 on Tuesday in the opening round of the US$5OO,OOO Lyon Grand Prix tennis tournament. "I have never seen Fabrice play like that," said Rosset. the Bth seed. "But I had my
        66 words
      • Article
        End of the road for AGS
        73 15 GONFARON, France The French AGS Formula One racing team was dissolved on Tuesday, citing severe financial problems. "The team has been dissolved. Staff will receive their notices before the end of the week," a spokesman said. The team, originally founded in 1969 but racing
        73 words
      • Article
        Auriol takes lead
        91 15 SAN REMO France's Didier Auriol powered into a commanding lead in his Lancia Delta during Tuesday's second stage of the San Remo rally as world champion Carlos Sainz dropped out of contention. Sainz needed to finish no lower than fourth to retain his crown here, but mechanical
        91 words
      • Article
        Prost, Ferrari part ways
        114 15 MILAN Alain Prost and the Ferrari team are due to part company soon, breaking by mutual consent a contract due to expire at the end of 1992. Italy's Corriere della Sera said the break between the Italian F-l team and the French veteran driver will be
        114 words
      • Article
        Gachot freed from jail
        93 15 LONDON French Formula One driver Bertrand Gachot was freed from jail on Tuesday after an appeals court reduced a sentence imposed on him for spraying gas into a taxi driver's face. Gachot had been sentenced to 18 months imprisonment in August but the appeals court reduced
        93 words
    • Article
      Lock icon Damaged court holds up US squash tournament
      358 15 AFP NEW YORK An unknown intruder who opened the packaging of a portable squash court caused the cancellation of the whole of the second day's play in the US Open squash championships here on Tuesday. The tournament was to have moved from the
      AFP  -  358 words
  • Page 15 Advertisements
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      388 15 round you also be eligible for the Lucky Draw. Pick one the designated coloured balls from a barrel and other The 1 Million Hole on Nov 26th 1991 will win a fantastic Porsche 911 Yes. there sSI Million to be won if you score a Hole- Turbo worth $600,000. The
      388 words
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  • Page 16 Advertisements
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      819 16 Feature inDOfIUTOS PTE LTD I T"* 8 111 H T^b Indoautos brings a ':,~«?=3iMMHHi^^^^^^^^^^^^^H3l legend alive '»,«iaHS^^^^^^HHß Ithe Maserati under expense he spared hv each Maserati's bonnet. Indoautos to ensure everything runs ]n fact later VHsenti |jf ,Ti lPTni^^raf»^ffff^BWßWflWP'^BWFFlff^rMßTir^nnMfc^^KH& > jgg|3BggrSfr" TS^» :"Zwcm' MaSt ra NeW cng'nccrfromltaU ijff B'HHWlM^ffPirißlPWlllll -T-
      819 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      826 17 The Directors of Indoautos Pte Ltd: (from left) Mr Benny Baey, Mr Ron Spicer and Mr David Tan High performance support ~W" T ALL starts with top-notch facili- the Singapore Automotive Engineering Dealer Development Manager for MoI ties. Of course a pedigree perfor- (SAE) and Intraco serves him in good
      826 words
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  • Page 18 Advertisements
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      1106 18 WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. I 'J A
      1,106 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      849 18 TELEVISION AND RADIO ——MMMI ill ■II HMIIMI iiiiiiiiiin mm tuttii i mw a Hill unlit 111 in nrrn»i jmntn r«—i hi i m m n imh i m-- utmxtm** r \m hi mir irmnrn —rmrmn —I n~~T" "W" j 1 "11 A decides that some house- 4.20 Akai Moero (Cont'd).
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Blatantly Barbie
      782 19  -  Alice Kahn traces the phenomenal success of Barbie dolls Alice Kahn NYT SHE DOESN'T walk in beauty like the night. She stands there, wideeyed and frozen. Her smile is as ambiguous as Mona Lisa's. Her breasts have been more talked about than Helga's. She is the very palette
      NYT  -  782 words
    • Article
      Lock icon The Queen gets a dressing-down
      349 19 According to fashion gadfly Blackwell, Madonna and Jayne Mansfield are like two peas in a petrifying pod AP Fashion gadfly Blackwell on Tuesday inducted 10 celebrities into a dubious Hall of Fame the worst-dressed women of the past three decades. His "winners" range from a
      AP  -  349 words
    • Article, Illustration
      Thatcher's memoirs first volume out by end '93?
      596 19 CHATTERBOX MARGARET THATCHER plans to publish the first volume of her memoirs eovering her 11 years as Britain's prime minister towards the end of 1993, her publishers said on Tuesday. HarperCollins, owned by media tycoon Rupert Murdoch, said it had acquired worldwide
      596 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      215 19 AND ENTERTAIN (JUL; v mi For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. jfl^ ANA HOTEL For reservations, SINCAPORE please call 732-1222 ext 1589. 16 I CANTO-POP LOVERS MEET AT 181 I
      215 words
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      Page 19 Advertisements Column 2
      66 19 1 Madonna (left) ties with Jayne Mansfield for ninth position as the patron saints of peroxide I Complete set UiKh to Hk VJHp Tempura ChawanmusWSet Lunch at $20.00+ You Don't Hom To B« A to EtpeyFtm Dining m jih 12 .3 Nishiki Restaurant Marina Bay Golf Country Club 6 Marina
      66 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Share prices up slightly on a cautious day
      4852 20  -  By Dawn Tan CAUTION prevailed in a market that barely budged yesterday. Share prices ended mixed after selective buying interest coupled with profit-taking in thin trading. Uncertain about the market's near-term direction, investors preferred to stay on the sidelines. The key Straits
      4,852 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4162 21 Main Board Sunshine Allied 358 +51 16.6% C&C 520 15 3 0% Keppel Corpn 705 15 +2.2% Roth Inds 50* 670 +15 2.3% DBS Foreign 1170 +10 0.9% Keppel C Wrts 430 10 2.4% OCBC 880 +10 +1.1% S1A Foreign 1970 +10 +0.5% Spore Bus
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      309 22 Company Date Year Group Net Net earnings Gross •nn to profit/loss (L) per share dividend (000) (cents) BMI Oct 14 Jun 91 $931($773) 306 3(254 2) 150(150) Khong Guan Oct 10 Apr 91 $*****8l($71 1.1591) 4(4) Roth Inds Oct 10 lun 91 $45,747(136 269) 39 9(31 6) 65(76)
      309 words
    • Article
      PRELIMINARY RESULTS
      356 22 Company Date Year Group pre-tax Net earnings Gross 'nn to profit/loss (L) per share dividend (000) (cents) YTL Corpn Oct 9 Jun 91 M$30 889($19,311) 13 8( 7 9) 10(10 Boustead Oct 2 Jun 91 M$35.810($32.503> 10 4(8 5) 15(15) SBS Oct 2 lun 91 $4.315($4.140) 101(115) 7(7)
      356 words
    • Article
      INTERIM RESULTS
      514 22 Company Data Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) MMC Oct 10 Jul 91 M$25 871($35,303) 20(20) Umphone Tel Oct 9 Jun 91 MSI 1,018($8.115) Sn Hartamas Oct 8 Jun 91 M$l.1241 ($2,5311) M Resources Oct 3 Jun 91 M$99($6,231l) Causeway Sep 30 Jun 91
      514 words
    • Article
      CORPORATE DEVELOPMENTS
      627 22 Oct 15 The trading of Minebea Company Ltd shares on the mam board of the Stock Exchange of Singapore will go scripless from Dec 16. Overseas Union Securities Ltd has been granted approved investment company status by the Minister for Finance Oct 12 Aokam Tin Bhd is selling
      627 words
    • Article
      DIVIDENDS ANNOUNCED
      1022 22 Current Ex Books Date Total for Total for payment date dose payable the year last year Acm 5%IE(I) Oct 21 Oct 31 Nov 15 5*IE 10%IE AMD6 50C 35%(b) Sep 13 Sep 27 Oct 25 3 5* 25* Antah Hdp 50c 6%(b) Nov 21 Dec 5 Dec 24
      1,022 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1095 22 Prices as at 16.10.91 Conversion terms Premium/ I Expiry I I (diSCOMBt) I Amount Optional" using issued f -j -i Company (mH Wrls Share Loan Con* Exer Lnstk Cash Cash, Loan Gearing, Date Wths units) stock ratio price nom 1 Stk. 4 Left value S >
      1,095 words
    • Article
      RESULTS DUE
      217 22 Main Board Last FuN Year Company Penod Date Tear Net EPS Gross Net arrorced endhj (cento) <tv profit last rear <r000) Cerebos Interim Apr 27 Jul 91 126 MOTE (a) 38 911 Tang Meng Interim Aug 2 Oec 91 48 5 0 385 cw Last Full Year Conpany
      217 words
    • Article
      APPROVED ISSUES
      63 22 Company Bonus Issue HIP Hdjs One for two t*<Jate Oct 11 Books dose Oct 17 Company Others Am* Steci Restrcted OHer for Sate of Angkasa Marketing Bhd shares on the basis of 50 Angkasa shares of MJ1 each at M$2 50 per share tor every 1 000 Amal
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    • Article
      PROPOSED ISSUES
      642 22 Company Rights Issue Asa Pac land One tor two «a MSO 65 per share Aiance Tech One torone ta SI 00 per share 8c*on Issue of {*****m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991 with 45 489m detachable warrants on the basis ot $2 nominal amount
      642 words
    • Article
      BONDS, LOANS & WARRANTS
      840 22 BONDS, LOANS WARRANTS Com P* y C<mwr»loii ptriod Cwwnlw tana tor aaa <f*Mfy than ft"* Wt Before 30 6 94 1 warrant plus HKJ100 cash CtC Wt Before 26 4/93 1 warrant plus S3 09 ca* Cauwway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus
      840 words
    • Article
      COMPANY MEETINGS
      336 22 Sime UEP Properties Bhd: 25th AGM at the Kristal Foyer, Ist Floor, Main Block, Petaling Jaya Hilton, No 2. Jalan Barat, ***** Petaling Jaya, Selangor Darul Ehsan on Monday, Oct 21, at 10.30 am. MBf France Bhd: EGM at The Penthouse, 23rd Floor, Plaza MBf, Jalan Ampang, *****
      336 words
    • Article
      RECORD HIGHS & LOWS
      209 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 high: *****8 (3/6/91) 1991 h«h: 1565 58 3/6/91) 1991 low: 1022 52 (16/1/91) 1991 tow: *****8 (16/1/91) 1990 high: 1435 43 (16/7/90) 1990 hifh: 1607 12 (27/3/90) 1990 tow: 981 07 09/11/90) 1990 tow: 1079 50 (11/10/90) 1989 hifh: *****0
      209 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      187 22 NOTICE VESTAMORK PTE I.TD (IN MEMBERS' VOLUNTARY WINDING-LPI NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that the Hinal General Meeting of the Members of the abovenamed company will be held at the office of Messrs Ong Teh Co. at
      187 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares rebound from falls to close higher
      4310 23 Bernama SHARE PRICES here were generally higher yesterday, rebounding from early falls when buyers, taking the cue from the upward trend on major overseas markets, moved in to bargain-hunt. The KLSE Composite Index ended 2.65 points higher at 517.24 while the Industrial Index
      Bernama  -  4,310 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      381 23 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Ng Soo Tiong of No. 25, Jin Dun Mcnh, Singapore 2057, have ippbed for a Public House, First Gass (Extended) bcence in respect of premises at MJi Tycoon Deluxe Lounge k Nile-Club
      381 words
    • Advertisement
      Page 23 Advertisements Column 2
      557 23 fa NOTICE I NOTICE IS HEREBY GIVEN that, I, Wee Chan j Yuon of Blk 271 Queen Street #06-212 Singapore I 0718, have applied for a Wholesale Liquor Shop I licence in respect of premises at M/aHai-O Liquor I Pte Ltd at 859 Upper Serangoon Road #01-06 I Hougang Court
      557 words
    • Advertisement
      Page 23 Advertisements Column 3
      341 23 Ylnsen Sons Co Pit Lid (In Members' Voluntary Winding-Up) LIQUIDATORS OFFICE 15 Beach Road #03-10 Beach Centre Singapore 0718 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Chapter 50. that the Final Meeting of the Company will be held at 15 Beach
      341 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes mixed on small-lot buying
      2222 24 Reuter TOKYO stocks ended mixed yesterday. Brokers said market energy was low in the absence of both fresh news and the Big Four houses. But small-lot buying supported the market, arbitrageurs sparked occasional small upward jumps, and sentiment was firm as downside risk appeared
      Reuter  -  2,222 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    1660 24 Vol Oct 15 HK$ High Low (D00) Allied Ppt W93 0.62 .010 0.62 0.62 30 Allied Ppt 1.27 .010 1.27 1.26 3498 Amoy Properties 5.10 unch 5.15 5.10 255 Applied Intl 0.79 .060 0.79 0.74 2590 Asean Resources 0.246 -.001 0.246 0.246 100 Asia Comm H
    1,660 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      23 24 Below are Tuesday's closing prices. The Hongkong market was closed for the Chung Yeung Festival yesterday. Innovation Technology in Business Times on Tuesday
      23 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks close at 15-month high
      • Article
        AUSTRALIA
        862 25 THE AUSTRALIAN sharemarket shrugged otY negative comments by an international credit rating agency and strengthened to close at a 15-month high yesterday. Standard and Poors sent a chill through financial markets in early trade when it labelled Australia as one of the "greediest consumers" of foreign capital and said
        862 words
      • Article
        BANGKOK
        796 25 THE STOCK market started the first trading day of the week yesterday after a four-day long weekend with investors shaken by political jitters which pushed share prices down, brokers said. Investors heard rumours that Justice Minister Prapasna Uaychai had quit because of a dispute over the appointment of the
        796 words
      • Article
        MANILA
        543 25 A RISE in the Philippine Long Distance Telephone Company's stocks in the United States boosted Manila share prices yesterday for the third day running. brokers said. The Manila Stock Exchange Composite Index rose another 3.69 points to close at 1,034.22. "The continuous rise of PLDT stocks in the US
        543 words
      • Article
        TAIPEI
        506 25 TAIWAN STOCKS plunged in late trade yesterday on unconfirmed rumours the government was planning to arrest leading opposition party members. The weighted index lost 259.38 points or 5.7 per cent to finish at 4,309.23 compared with Tuesday's 4,568.61 close. Turnover was NTS2O.4 billion against NTS 11.8 billion. Dealers said
        506 words
      • Article
        SEOUL
        795 25 THE STOCK index fell below the 700point level yesterday in extremely le- thargic trading as liquidity concerns hit market sentiment, brokers said. Most investors, already discouraged by continuous reductions in customer deposits with securities houses, lost interest in the trading, he said. The Composite Index closed 8.12 points down
        795 words
      • Article
        NEW ZEALAND
        235 25 A NINE-CENT decline in Fletcher Challenge helped push the share market down on reasonable turnover. FCL. New Zealand's biggest industrial stock, finished at NZ$3.OO. Its decline helped depress the NZSE-40 Capital Index by 10.76 points to 1.437.12. Peter Halligan of Buttle Wilson said FCL. and to a lesser
        235 words
      • Article
        BOMBAY
        54 25 SHARE PRICES rebounded after a steep early slide yesterday but still finished lower in volatile trading, brokers said. The Bombay Stock Exchange index rallied from 1,698.63 to 1,724.06, down 5.24 points from Monday's close. The National Index recovered from 817.18 to 826.85, down 3.63. I he Jakarta stock market
        54 words
      • Article
        Untitled
        1107 25 In kxnl S da> S year S day S year day S >«ir Index tfcwg change change change change change World 409 8 0.7 14 4 0.3 9.1 0 1 II 9 fEAFE 527.7 0.5 12.3 0.0 5 9 -0.2 8.6 Europe 425.4 0.2 16.7 -0.5 0.1 -0.7 2.7 Pacific
        1,107 words
  • Page 25 Advertisements
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  • WORLD STOCK MARKETS
    • Dow rises 22 points with earnings news
      • Article, Illustration
        NEW YORK
        1208 26 NEW YORK stock prices moved sharply higher on Tuesday, mainly on what the market saw as good news in a slew of corporate earnings reports. The Dow Jones Industrial Average, up 21.92 points, to 3,041.37, moved within 14 points of its record, while the Nasdaq Composite set a
        1,208 words
      • Article, Illustration
        LONDON
        768 26 SHARE PRICES were higher yesterday at midday on the London Stock Exchange. Dealers said retail interest was generally light, apart from television orient- Ed stocks where fresh licenses were awarded earlier for operators of British television. At about 1115 GMT, the broadbased Financial Times-Stock Exchange 100-share index was up
        768 words
      • Article
        AMSTERDAM
        308 26 DUTCH SHARES ended stronger on Tuesday, near their day's highs, after isolated buying in a range of stocks supported a market inspired by gains on Wall Street. "In the last hour Wall Street came up and we held on to a technical recovery. A gain of more than one
        308 words
      • Article
        FRANKFURT
        174 26 FRANKFURT STOCKS firmed slightly on Tuesday in line with the trend in Tokyo and on Wall Street with the DAX index adding 0.89 per cent or 14 points to close at 1,585.04 points. The Commerzbank index rose 1.01 per cent to 1,836.20 points. In low volume, a wave of
        174 words
      • Article
        STOCKHOLM
        173 26 PRICES ON the Stockholm bourse plunged in moderate trade on Tuesday as investors ignored Monday's strong foreign advances and focused on domestic factors, dealers said. "Foreign investors are no longer on the buying side as they used to be and then prices go down like this," one dealer said.
        173 words
      • Article
        JOHANNESBURG
        417 26 GOLD SHARE prices lost a little ground on Tuesday after Monday's gains in lacklustre trading as world bullion prices returned to levels below USS36O an ounce, dealers said. They described interest as minimal in the absence of any incentives and on disappointment over the gold markets response to further
        417 words
      • Article
        PARIS
        236 26 FRENCH equities ended higher across the board on Tuesday with the blue chip index jumping 1.28 per cent. A second day of gains on Wall Street gave support to the bourse, where sentiment was already boosted by encouraging inflation news early in the day, traders said. The CAC-40 index
        236 words
      • Article
        ZURICH
        273 26 SWISS SHARES ended a mostly dull session slightly firmer on Tuesday as trading activity slowed down after a moderate opening. Higher Swiss money market rates kept most investors sidelined, brokers said. The All-Share SPI Index was up 1.1 points at 1,080.0. down from its early high of 1,082.6. The
        273 words
      • Article
        BRUSSELS
        211 26 BELGIAN SHARES closed virtually unchanged in moderately active business on Tuesday but market bellwether Petrofina rose in active professional trading, accounting for more than one third of the day's volume, dealers said. The Bel-20 index of leading shares closed 0.07 per cent higher at 1,105.53 with 565 million francs
        211 words
      • Article
        TORONTO
        351 26 TORONTO STOCKS were higher at midday on Tuesday but fell short of catching up with New York's 35.77point rise that occurred Monday while Canadians were celebrating Thanksgiving. "It's somewhat disappointing considering the 30-point rise in New York," one trader said. "Investors are still sitting on the sidelines mainly," he
        351 words
    • Article
      Untitled
      196 26 Oct IS ("lose Prwiois NEW YORK Dow Jones 3.041.37 3.019.45 f 21.92 S&P500 391 01 386.47 -<-4 54 Turnover (million) 214 130.1 +83.9 LONDON Financial Times 30 1.973.5 1.973.6 -0 1 KTSE 100 2.576 7 2.574.5 +2.2 Turnover (million) 534.3 433 +101.3 FRANKFURT DAX Index 1.585 04 1.571.04 +14 AMSTERDAM
      196 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar recovers against yen on light short-covering
      1203 27 REPORTS THE US dollar recovered slightly in Tokyo against the yen in quiet late-af-ternoon Asian trade yesterday on light short-covering but stayed easier against the mark. Some Japanese institutional investors covered their short positions on expectations that the dollar is unlikely to
      1,203 words
    • Article
      INTERBANK FOREX RATES
      391 27 Crass rates ouu, USS SS MS Dm Yen SFr AS NZS USS 1.6950 2.7480 1.7110 129.90 0.5875 1.4930 1.2555 1.7668 SS 0.5900 1.6212 1.0094 76.6372 0.3466 0.8808 0.7407 1.0424 MS 0.3639 0.6200 0.6226 47.2707 0.2138 0.5433 0.4569 0 6429 Dm 0.5845 0.9906 1.6061 75.92 0.3434 0.8726 0.7338
      391 words
    • Article
      MONEY MARKET
      539 27 Interbank rates NS Bid Offer Overnight 3 3/4 3 7/8 1-month 4 1/16 4 3/16 2-month 4 3/16 4 5/16 3-month 4 1/4 4 3/8 Overnight mode: 4 ISS Bid Offer 7 days 5 1/4 5 3/8 1 month 5 3/16 5 5/16 2 months 5 1/8 5
      539 words
    • Article
      Lock icon Rosy outlook for trading in sovereign debt
      679 27 Traders expect turnover to jump to over USs2oob this year Reuter BANGKOK The market where traders buy and sell the foreign debt of sovereign countries has grown rapidly over the past year and market players say this should continue in the next 12
      Reuter  -  679 words
    • Article
      FINANCIAL FUTURES
      1091 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Dec 91 94.54 94.55 94.53 94.55 4080 ***** 3013 Mar 92 94.63 94.64 94.62 94.64 3811 ***** 3461 Jun 92 94.44 94.45 94.43 94.43 1600 6548 1322 Sep 92 94.17 94.17 94.15 94.15 500 2005 4% Dec 92
      1,091 words
  • Page 27 Advertisements
Page thumbnail Page 28
  • COMMODITIES
    • Article
      Lock icon ACP states hit out at EC for price falls
      259 28 Reuter BRUSSELS African, Caribbean and Pacific (ACP) states slammed the European Community on Monday for not finding enough extra money to compensate for price falls in the commodities which provide their main source of income. The biggest drop in prices for
      Reuter  -  259 words
    • Article
      Lock icon Japan sees no reason to oppose Soviet gold swaps
      496 28 Reuter BANGKOK Japan would not particularly oppose an idea of helping boost Soviet liquidity by arranging gold swaps if the Soviet Union meets certain conditions, a senior Japanese official said. "As long as gold is used as collateral, there's no particular
      Reuter  -  496 words
    • Article
      Malaysian tin up 4 sen on low LME stock levels
      818 28 REPORTS THE price of tin rebounded to close four sen higher at MS 14.85 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the market was boosted by a London Metal Exchange announcement on a 205 tonne-drop in
      818 words
  • Article
    PRICES
    1368 28 Rubber ocu6 MS (<ot In t»<w) S cents/kg Noon Close Int 1 RSS Prompt 142.50/143.50N I42.50/I43.50N Int I RSS Nov 91 143 50/144.00 143.50/144.00 Int 1 RSS Dec 142.00/142.50 142.00/142.50 Int 2 RSS OP 138.00/140.00N 138.00/140 OON Int 3 RSS OP 136.50/138 50N 136.50/138. SON Int 4 RSS OP
    1,368 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1034 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 PAX: 734-49»2 International Factors (Singapore) Ltd A member of The ECICS Group 5525,000,000 Series One Floating Rate Notes Due 1994 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 15 October 1991 to 15 January 1992, the
      1,034 words
    • Advertisement
      Page 28 Advertisements Column 2
      15 28 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
      1169 29 nifM ETA Flight ETD 1 City Flight ETA Flight ETO Abu Dhabi GA887 1245 GA894 2255 MH630 0855 SQ104 0830 GA975 1300 SQ103 0950 MH SQ 0950 MteMt QFoii 1890 MH605 1020 670 naeiaioe ynjai 1H20 S Q105 1050 SQ106 1045 IWb MH607 1130 SQ108 1145
      1,169 words
    • Article, Illustration
      More visitors than vice
      552 29  -  LETTER FROM MIAMI By Anne Moncreiff Miami vice in the form ot a spate of armed robberies of tourists has shocked the press and public in this resort city but failed so far to deter v isitors. Ron and Barbara Clayton, a British couple in their
      552 words
    • Article
      MONEY CHANGER RATES
      157 29 As at 3pm yesterday: luteal dollars to one unit of foreign current.-) C urrencies Bid Offer Australian dollar 1.3438 1.3552 Canadian dollar 1.4X26 1.5051 NZ dollar 0.9500 0.9788 Sterling pound 2.8754 2.9000 US dollar 1.6912 1.6952 liK-al dollars to 100 units of foreign currency Austrian schilling 13.915
      157 words
    • Article
      WORLD TRADE EXHIBITIONS
      101 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel CX-t 17-20 International Valencia. I eria Muestra- ********** j Oct 18-24 International Boulogne- Comite Des **********0 l air of Horn- Spain no Internacional j Exhibition of Car Billancourt Expositions De culture. Equip- De alencia j Components. Spare
      101 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      43 29 Bud, youll be a lot wiser when you learn about Finnair's New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish
      43 words
    • Advertisement
      Page 29 Advertisements Column 2
      52 29 WILL THE OLD STARS SHINE FOR ENGLAND? Recalled players Bryan Robson and Chris Waddle line up for England in its crucial match against Turkey \I I I j VS >Na» eS ,ft P ftOPf Results in QUALIFIER^ The New Paper today! j NEW, NEWS, NEWSY Mil M From lunch-time. Monday
      52 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      166 29 I I Pier not opened for paintcan ZIM damage itself (6) medically speak- jiEZZ 24 Huge lad, shaking, split his sides (7) 25 Make fast time where an- 6 No settling for Nanny to 23 King ot the cabbages? (4) chor is dropped (7) MEP on the move? (3-7) YESTERDAY'S
      166 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      199 29 Singapore Outlook: Huy with showers over several areas in the afternoon. Report: Maximum temperature 32.0 Assoc humidity 63% Minimum temperature 22.9 Assoc humidity 94% Hours of sunshine 6.50 Rainfall in mm Trace Rainfall this month 12.7 Rainy days this month 3 World forecast Asia-Pacific Hi/I>o* Cond. Auckland 17/12 Showers Bangkok
      199 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      29 29 li.i.kiAi.Migßiaßa'a NOW THEN n*ve. i GOT DftV ON£: TIJIS CH£.STe_R -(V(?P\J CL£fcN DIRECTOR PR£PW?£S FoR P\ I l£F.. CPtfNftfiON &OM?D MEJE-TiN© VJORR-V BEPiDS 0538 c associated newspapers ltd.. V
      29 words
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  • Article
    Lock icon Asean must take lead in regional security: US
    405 30 Envoy urges group to cooperate on defence Reuter MANILA South-east Asian countries must take more responsibility for regional security after sharp cuts in the US and Soviet nuclear arsenals, Washington's ambassador to Manila said on Wednesday. The Association of Southeast Asian Nations
    Reuter  -  405 words
  • Article
    Nigeria hopes to attract more Asean trade, investments
    418 30  -  By Shoeb Kagda SINGAPORE Nigeria will look more to the East for its future economic linkages, and the countries of Asean offer the best potential for increasing trade flow between the two sides, said the head of a visiting trade delegation. Dr
    418 words
  • Article
    Lock icon US offers talks on limiting space-based defences
    274 30 IHT PARIS The Bush Administration has offered to discuss limiting US space-based anti-missile defences with the Soviet Union as Germany and France disclosed plans for a joint army corps that could be the embryo of a European army. Both issues have been the
    IHT  -  274 words
  • Article
    Lock icon C'wealth conference opens with pleas for human rights
    360 30 UPI HARARE, Zimbabwe Leaders of Commonwealth eountries formally opened their 1991 conference in Zimbabwe determined to turn their organisation into a global promoter of human rights, and said they would encourage South Africa's reform process, while not rushing into a lifting of
    UPI  -  360 words
  • Article, Illustration
    A matter of life and debt in Indochina
    708 30  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a correspondent with BT THE free world's debtoerats, the Alan Bonds and the Donald Frumps, are not free from their debts: they remain committed, to a man, to honour them. On the
    708 words
  • Article
    Lock icon Credit squeeze may hit India's economic reforms
    269 30 Reuter NEW DELHI A stiff credit squeeze on bank-lending imposed last week may negate India's recent economic reforms aimed at easing a severe foreign debt crisis and boosting industrial growth, economists and businessmen said. "The new policy will greatly reduce the availability of
    Reuter  -  269 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      180 30 Nikon The World's Finest Photographic Systems The rare perfection of Patek Philippe at The Hour Glass. 2* K ■K V V A rlu^in timepiece should quisite features that hallmark he a relaxed and comfortable IF our affair. Especially when you're collection. After all. we see xn TvJ^H considering the rare
      180 words
    • Advertisement
      Page 30 Advertisements Column 2
      33 30 Nikon The World's Finest Photographic Systems Super Prime C.B.D. Retail Rundle Mall, Adelaide $12,100,000 Yield 9.6% 96 foot frontage to one of the most successful city shopping malls in Australia Contact Jim Williams
      33 words
Page thumbnail Page 31
  • Shipping Times
    • Article, Illustration
      Marseilles trying to attract more Asian cargo
      405 31  -  By Rahita Elias SINGAPORE The port of Marseilles has launched a major offensive in the Asian market to attract more cargo from the region to use the French gateway. For a start, the port appointed Jardine Shipping Agencies as its representative in Singapore
      405 words
    • Article
      Freight forwarders keen on ties with S'pore counterparts
      203 31 SINGAPORE Marseillesbased freight forwarders, keen on tapping the fastgrowing Asian market, are on the look-out for likely areas of cooperation with their Singapore and other Asian counterparts. Mr Jean-Marie Giovannetti, president of the Marseilles Forwarders Association, told BT that the collaboration could
      203 words
    • Article, Illustration
      Nortrans' booming advantage
      348 31  -  By Dexter Lee SINGAPORE Nortrans Shipping Trading Far East hopes to capture a substantial share of the rubber shipment market in South-east Asia with its newly built superbarge, the Flexitrans X. Besides being bigger than most barges that ply the shallow and sharply winding rivers of Sumatra
      348 words
    • Article
      INDEX TO ADVERTISERS
      904 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 •ASCL 5 I 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 Line
      904 words
    • Article
      Union deal gives port workers higher pay
      366 31  -  By Magdalene Phang SINGAPORE About 6.000 junior port workers can expect to take home bigger pay packets with the signing of a new collective agreement between their labour union and the port. The Singapore Port Workers Union (SPWU) and the Port of Singapore
      366 words
    • Article
      Lock icon Eurotunnel takes builders to court
      310 31 FT LONDON The acrimony over the £8-billion (SS23 billion) Channel tunnel project reached a new peak on Tuesday when Eurotunnel announced that it was taking court action against its builders who have threatened to halt work unless they are paid more. The latest escalation in
      FT  -  310 words
    • NEWS SUMMARY
      • Article
        Danger on the runway
        31 31 THE US Federal Aviation Administration has embarked on a major plan to combat airplane collisions on the ground, which have continued to rise every year Page 2
        31 words
      • Article
        Iacocca calls for quotas on Japanese cars
        61 31 LEE lacocca, Chrysler's chairman. said that the Big Three carmakers should consider promoting federal legislation to limit the Japanese car industry to a fixed percentage of the American market. The US is "out of the electronics business. the VCR business and soon we
        61 words
      • Article
        Sales of US-made vehicles fall 11 pc
        30 31 SALES of domestically built cars and light trucks declined 11.4 per cent in early October, US car makers reported on Tuesday Back Page
        30 words
      • Article
        Continental-Northwest merger talks continuing
        45 31 FOR Robert Ferguson, the chief executive of Continental Airlines, the carrier's fate is now down to two choices either it will be taken over by Northwest Airlines or remain independent and come out from under the shadow of bankruptcy Back Page
        45 words
    • LOG BOOK
      • Article
        Delta won't match TWA fares
        46 32 CHICAGO Delta Air Lines Inc said it will not match business fares of US$25O (about SS42O) each way unveiled earlier by Trans World Airlines Inc. "We do not plan to match the TWA programme," said Neil Monroe, spokesman for Atlanta-based Delta.
        46 words
      • Article
        Visa row threatens Taiwan-Aussie air links
        65 32 C ANBERRA An air links agreement between Taiwan and Australia was in jeopardy yesterday because of a row over the way Australia handles Taiwanese visas, but a Canberra spokesman insisted the issues were not linked. Taiwan has threatened to scrap the recently-signed agreement unless
        65 words
      • Article
        Lockerbie appeal rejected
        77 32 NEW YORK The US Supreme Court on Tuesday rejected an appeal for punitive damages against Pan Am, the US airline, by relatives of those killed in the bombing over Lockerbie, Scotland, of a Pan Am jet in 1988 and the 1986 hijacking of one of its flights
        77 words
      • Article
        EacBen builds office block
        43 32 SINGAPORE The partnership formed by the Copenha-gen-based East Asiatic Company and the Edinburgh-based Ben Line group. Eacßen, has built an office block in Sevenoaks, Kent, to house its UK services company. The new block will be named EAC House.
        43 words
      • Article
        MRTC chairman's appointment
        27 32 SINGAPORE The Mass Rapid Transit Corporation yesterday clarified that Colonel Wesley D'Aranjo's appointment as MRTC chairman took effect on Monday and not on Sunday.
        27 words
      • Article
        Diesel ship reaches North Pole
        56 32 SINGAPORE Switzerland-based New Sulzer Diesel has scored a first following the successful voyage of the Swedish icebreaker Oden to the North Pole last month. Instead of nuclear energy, the Oden was powered by four Sulzer BZA4OS medium-speed diesel engines, making it the first non-nuclear powered
        56 words
      • Article
        British Aerospace unit healthy
        76 32 LITTLE ROCK, Arkansas The chairman of British Aerospace pic's unit, British Aerospace Inc, said the group is in perfectly good health for the future. Sydney Gillibrand said on Tuesday that the recession had damaged the group, along with most other Western defence, aircraft and motor vehicle
        76 words
    • Article, Illustration
      Lock icon Danger on the runway
      961 32  -  The US Federal Aviation Administration has embarked on a major plan to combat airplane collisions on the ground, which have continued to rise every year, reports John Cushman John Cushman NYT EVERY few days, another report comes in to the US Federal Aviation Administration: two planes,
      NYT  -  961 words
    • Article
      DAILY FREIGHTS
      878 32 THE FREIGHT market on Tuesday continued to strengthen quietly with Soviet grain imports supporting underlying demand, dry cargo brokers said. They noted news from Germany that a special credit sale of 1.5 million tonnes of grain to the Soviet Union had been concluded subject to agreement on bank
      878 words
    • Article
      COCKETT BUNKER MARKET REPORT
      827 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      827 words
    • Article
      THE SHIPPING GUIDE
      8038 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure Irom tht Port of Singapore. Advanced dates are published for a maximum
      8,038 words
    • Article
      SHIPPING AGENTS
      3307 45 A -*■*-B( ontainerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN) \dkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,307 words
    • Article
      COURIER SERVICES
      246 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster I-ink Supplies Services Tel:
      246 words
    • Article
      AIR FORWARDERS
      1519 45 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. 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
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      PORT CONDITIONS
      3064 46 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 soymeal. I discharging sulphur; 3 vessels in roads in which
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      AIR FREIGHT SCHEDULE
      553 46 ARRIVALS DEPARTURES Op Might l>pe ETA T From Op Flight Type ETD T To TODAY TODAY KAl. KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
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      SHIP SALES & TANKER RATES
      1364 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Emlain: 149,500 dwt and built Sept 1989 China, trying for U5548.490.000. The vessel has purchased by the present owners from Oak Steamship of Hong Kong in April of this year for a price of U5544.000.000. Channel Fortune: 69.347 dwt and built
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      CRUISE & FERRY SCHEDULES
      287 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr I)ep Name of Vessel ETA ETD Ports of Calls Port Agent OCT 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 Johnson 20 20 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson
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        AT CONVENTIONAL WHARVES
        565 47 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Dep*ti*e Marina Terminal 1 Soon Huat 9104N SOI 1610,0600 Batam Mani *****1 M04 alor«side 1Z10/0500 Plu Balamtndo 1 108S M01 alongside 1610/2100 un "l ron Citra Jaya *****1 M03 alongside 1610 2300 J.'. a ongs^ e
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        IN MALAYSIAN PORTS
        247 47 iohorc Port Berth: 1: nil; 2: Kasuga II; 3: ml; 4: Kapitan Damlkin; 5: nil; 6: Sang Thai Galaxy 01 jetty: Bum Han Asif II DCJ: Bunga Kiambang, Ocean Princess. Oue on Oct 16: Cerlang. Nur Marina. Gina, Benja Bhum, Barge Jostndo Satu. Due on Oct 17:
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        CONTAINER SCHEDULE
        860 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsJts Shjp Voy No Etb/Btr Period From To From Lily 16A 19/1600 4 17/1200 17/1459 17/1700 An Fremantle ***** 18/0700 1 16/1500 16/1659 16/1900 2 16/1700 17/0659 17/0900 B Raya 402 18/2300 1 16/1500 16/1659 16/1900 2 16/1700
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      Lock icon Iacocca calls for US quotas on Japanese cars
      442 48 NYT AUBURN HILLS, Michigan Lee lacocca said on Tuesday that the Big Three carmakers should consider promoting federal legislation to limit the Japanese car industry to a fixed percentage of the American market. Speaking at the dedication of Chrysler Corp's USssl billion
      NYT  -  442 words
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      Lock icon Sales of US-made vehicles fall 11pc
      355 48 NYT DETROIT Sales of domestically built cars and light trucks declined 11.4 per cent in early October. US car makers reported on Tuesday. Analysts said the drop was expected, because widespread incentives helped increase sales late last month. They also noted that car sales
      NYT  -  355 words
    • Article
      Lock icon Continental says merger talks with Northwest continuing
      287 48 NYT HOUSTON For Robert Ferguson, the chief executive of Continental Airlines, the carrier's fate has narrowed largely to two choices either it will be taken over by Northwest Airlines or remain independent and come out from under the shadow of bankruptcy by spring.
      NYT  -  287 words
  • Page 31 Advertisements
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      24 31 Lines and services represented by /&fMft&\ Members of the Registry of Accredited Singapore National Shiplor atlwrtiunx enquiries, contact Shippim• I'unev /w 74t> ?aHy4i) ym
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      Page 31 Advertisements Column 2
      167 31 janaaers /Must lanage BT shows you how every Monday. Air Forwarders 15 Air Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruee Ferry Schedules H Daily 2 Index to Advertisers 1 Port Conditions M Shipping Agents 1! Shipping Guide 10.11 Shipsales/Tanker Rates 1( Ships m Port
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      478 32 BUSINESS TIMES TELEPHONE: 730-5771/3772/3773 FAX: 734-4982 f OFFICIAL NOTICE We. THONG S(X)N MARITIME PTI-: I.TD. 51 Bras Basah Road. •01-01 Pla/a By The Park. Sin gapore 0718. hereby give notice thai in consequence of the intend ed change of names of the under mentioned ships 1) MV JKNHOI." of Singapore.
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      2545 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES tillf# TEL: *****11 FAX *****09 \lllff BOOKINGS TEL *****34 320Q258 *****1111 W TERMINAUCFS TEL *****18 -220 I T fIAO H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD %*A*# J PORT KFLANG TEL: *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6
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      2114 33 TRANSPORT DIARY Not X (9am to 2pm): Inmarsat Mobile- Satellite Communications Seminar, jointly organised by Singapore Telecom. Singapore Polytechnic anil Inmarsat at the Singapore Polytechnic Auditorium. For registration, please contact Vincent Khng. Singapore Telecom at Id: 730-2660. No* 7-8: Seminar on the Shipper's and C arrier's Approach to Marine Insurance
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      Page 33 Advertisements Column 3
      1513 33 TWO SAILINGS TO USA MAJESTIC MAERSK V.9108 ETA 22/10 SL EXPRESS V.164E ETA 21/10 Vessel Voy ETA ETD Feeder by destinations Merkur Delta lo This week Majestic Maersk 9106 WWWWI—^ CY 22/10 0600 HRS Port CFS 21/10 2359 HRS Ketang Penaog OAK LGB HOU MEM ATL MIA CHS BAL PHI
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      1033 34 Irotteoam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KITANO 10/341 20/10 6/71 8/11 11/11 12/11 M£RVH[ HAMBURG EXPRESS 05/142 24/10 16/11 12/11 11/11 TOKIO EXPRESS 02/342 27/10 13/11 15/11 18/11 19/11 a KATSURAGI 08/143 31/10 23/11 19/11 18/11 LmWSTWUNOP THAMES 08/343 3/11 20/11 22/11 25/11 26/11 CARGO LA
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      695 34 I I IT MMB SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2805E8 28/10 12/11 14/11 20/11 AISO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA t NUKUAIOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN 100 ANF VAP CLX L J BONTANG 280SEB 28/10 2/12
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      Page 34 Advertisements Column 3
      1544 34 I| E3 &xms REGULAR INDEPENDENT FULL CONTAINER SERVICE w£§T66und for EUROPE VSI/VOY SM ALG BCL HAM BRE ROT ART FEL LHA (VIA (VIA (VM ALG) NMI) ROT) NORASIA AL MANSOORAH 9132-3 21/10 13/11 15/11 17/11 19/11 18/11 20/11 19/11 20/11 NORTH SEA 133* 28/10 18/11 19/11 23/11 25/11 24/11 25/11
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      Page 35 Advertisements Column 1
      1926 35 Maritime Holdings Ltd PffrO flnw STRAITS SHIPPING W Mmmsaapa ffi Rummal fnf ililtutli Containers mBLJm M Tor No Kl| H'Kang 4"U S poo «i( Sou Anl Rot HD| UCA MAERSK 9112 14/10 15/10 13/10 19/10 11/10- 01/11 04/11 00/11 ACCEPTS DUE MLS INtRPOOI MT OiS( 10/10 11/10 21/10 00/11 07/11
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      Page 35 Advertisements Column 2
      2267 35 TO: U.S.A./PANAMA FM: U.S.A./PANAMA vissu/toy on 1a en n» sak no* mtc wsmi »o» nyc nor s*v cri ia oak v CHOYANG SUCCMS FFI4I 10/10 12/11 11/11 22/11 27/11 20/11 M/ll il«OB«N JtNATOR M 134 4/0 0/9 1/1 U/9 22/1 23/0 22/10 OS* ROSIOCK CFI42 20/10 U/ll 20/11 21/11 3/12
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      Page 35 Advertisements Column 3
      321 35 STRAITS/ JAPAN/ STRAITS SERVICE EASTERN PEARL V 9 ETA SPORE LOADING FOR CHITTAGONG/ CALCUTTA IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DBN CT GLOBM. SEAHORSE VlOO H/10 2S/10 SU 7/11 12/11 21/U 'Mm c* EX. t P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD SHGAfOK
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      578 36 m CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOT [SPO«" ROAM AO/W HBURG BREMEN ANTWERP MATARAM 30*8 11/10 19/11 25/11 29/11 2/12 SRIWUATA 33*8 30/11 3/1 9/1 15/1 20/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|«ct lo tnducamanl. Also accepting cargo lo Casablanca. Port Said, Port Alexandria.
      578 words
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      Page 36 Advertisements Column 2
      1190 36 HANJIN SHIPPING FDR VSI I SIN I LME HAUL IGB OAK FDR VSL SIN LINE HAU. SAV ILM NTC HANJIN LONGBEACH 035E 21/10 WRECT 11/11 U/ll HANIIN KNANGYANG 081E 22/10 M PROMINENCE 019E 21/11 21/11 1/12 HANJIN WNGXOM! 031E 29 0 WRECT 18/11 2111 HANJtf* KUNSAN 067E ?9/10 M. NEWYORK
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      Page 36 Advertisements Column 3
      55 36 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OP CARGO VESSEL. TUGS BARGES SPECIALISE IN HEAVY-LOT. PROJECT CARGOES TO ALL INDONESIA. MALAYSIA, THAILAND, PHILIPINE PORTS. OFFER CHARTERING OP OUR CARGO VESSEL TUOS A BARGES. TEL: *****26 FAX: *****63 INDONESIA:
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      Page 36 Advertisements Column 4
      1239 36 Im Sff wc KSC uc u *1 09 W1 w no LU M u ntclm uii in i» ps cu n I f GUO «MS IS/10 In fl 22/10 ?3/I« 25/10 »/I0 29/10 31/10 1/11 2/11 4/11 15/11 27/11 29/11 1/12 10/12 11/12 12/12 13/12 15/12 25/12 4/1 1/1 1/1
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      Page 37 Advertisements Column 1
      1566 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 <CR NO: **********0E) VT BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: 278/844/*****14 AUST/INDiA/PAK SERVICE *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA jfjT K.L.-I03) *****33, P.
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      Page 37 Advertisements Column 2
      484 37 I ANTWERP 20/10 KAOHSIUNG 24/10 I COLOMBO 23/10 BREMEN 20/10 BOMBAY 22/10 HAMBURG 20/10 KtELUNG 24/10 KARACHI 22/10 LEHARVE/LONDON 21/10 HONG KONG 21/10 MADRAS 23/10 FELIXSTOWE 21/10 CHITTAGONG 20/10 GENOA 21/10 MANILA 19/10 CALCUTTA 24/10 MARSEILLES 20/10 BUSAN ROTTERDAM 20/10 /1U Ukl I It BANGKOK 20/10 JAKARTA 20/10 SYDNEY 25/10
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      Page 37 Advertisements Column 3
      1085 37 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 EASTBOUM) OtSCHAftGHG WESTBOUND LOAMNG TRANSHFPED VIA ROTTERDAM H* o wr S*l mi t«G BHV T» RTM
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      Page 38 Advertisements Column 1
      1818 38 Hi* i— ICR No: **********0 M) V V VW% AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD W b TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 Pj MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 «W"Wil KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT
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      Page 38 Advertisements Column 2
      1225 38 WB PHIII-OM€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHJU FAX: *****78/*****3S BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU fljg 11 Qjffl KjffMEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION yjjf 19 OCT DUBAI. OAMMAN, SHARJAH. DOHA. 22
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      Page 39 Advertisements Column 1
      1271 39 PACIFIC INTERNATIONAL LINES (PTE) LTD B mm mt/K PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN BUNGA TERATAI 423 20/10 22/10 27/10 KOTA SURIA 9107 18/10 21/10 24/10 EDEN 431 22/10 24/10 29/10 JENLINK 74N 18/10
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      Page 39 Advertisements Column 2
      1081 39 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. 9 Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOYNOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Arosu' In Pt 2/11 3/11 4/11 bTTi NedHoyd Tokyo* 366 17/10 8/11
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      Page 39 Advertisements Column 3
      553 39 Wm. MYANMA PMIk FfVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdj PINY* Vll7** In Pt SID HPA AN VI6BW 20/22 Oct THE BANK LINE A «*rvlc« of Andrew Weir Shipping) U SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA SPORE
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      Page 41 Advertisements Column 1
      418 41 4 TO EUROPE {NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY \Bss ssfcs H/IS S/iS w/!S M/1J wn is/11 m7u ii/u B Sa.O|a/W Bhum 27/10 M/ 10 M/ 10 24/1J 4/11 11/11 22/11 24/11 »/»> 8 WH 2 n v 11? SSffHT 1 Sa.a,a/» Bhum (4) km. ■>•>»*»••. Urtw. Capa*a|a* t«ur, W EL.. M Caata.
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      Page 41 Advertisements Column 2
      571 41 a WEEKLY. FIXED DAY. DIRECT CALL Nedlloyd from pout kelang and Singapore to jeddah, V Nedlloyd Lines damietta. la spezia fos and barcelora from jam 1992 NEWZFMiAMP/FUI .._/»> r rznrjrzrznx Dinednfß) Nmr NiMff(C) Imhiji vissfL Jkt P-Kg I»en *Bkk Sin S"baya Auckland F»(A) lUl|nwj">(A) J*"™ 15/u 16/11 17/11 18/11 N
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      Page 42 Advertisements Column 1
      743 42 ■W.i m iiiiiiiiHiniiiiini TO AUSTRALIA/NEW ZEALAND Tsi iFiwn Mclb Syd [*«k TnM |p CHMM ANIWtAPfN in 25/10 1/11 6/11 "I 11 14/11 IC/U 11/11 MARTHA II 2*l 14/11 21, 11 26/11 I<l2 7/12 »/12 T0712 EIIEN HWXO 1/1? "9, 12 TTTT IS 12 24~i12 2//12 MUSSfI ?*3 T» 12 26/12
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      Page 42 Advertisements Column 2
      1009 42 EXPORTS TO HONGKONG, TAIWAN, MANIA JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN" WT f SIN MNI HKG MO KEE IHT SM2 NGO KO6 VESSEL VOY jSIN [PKI PEN BLM SIN ISA MIIOOY 318 *1110 15 10 l«To~ "22T0 2410 29~10 30 10 31 10 ACX RUBY 26A~
      1,009 words
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      Page 42 Advertisements Column 3
      1643 42 CHINA OCEAN SHIPPING COMPANY Kl 1.1. CONTAINER I.INKR SKRVICK MALAYSIA S AGENTS SINGAPORE S GENERAL AGENTS INOONESJAS AGENTS CHUNG CHIAO SHIPPING SDN BHD COSTAR SHIPPING PTE LTD P T. GLOBAL PUTRA KL TEL *****91/17 FA* *****92 ***** TEL *****00/*****33 INDONESIA MARITIME LSf? 6 li, JVL 2 503 TELEX: RS *****/1
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      Page 43 Advertisements Column 1
      570 43 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 ETD LOADING FOR DELI INDAH 21 10 91 24 10 91 PK BALAM LAMPUNG JAYA 20 10 91 22 10
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      Page 43 Advertisements Column 2
      497 43 "I^Sr^IcHHELrTSARIN^AGENcIE^SHPT^^DI s TEL: *****33 (12 Linos) BFAX: *****15/*****03 J TELEX: RS ***** RISHIP (3 Linos) l&\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ANCXNET 25W8 30/11 DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 27W8 20/12 DARESSALAAM. MOMBASA DJIBOUTI ASSAB.
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      Page 43 Advertisements Column 3
      1371 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EH ETA EM STORE PORT KELANG PENANG Bill lADE 18/10 Sailed luading for Male IRUVAI HUDHU 25/10 loading lot Calcutta dolphin 25/10 To/io Loading For Male PtOftEß SUPREME 23/10 74/10 Loading for Male 00NAKULHI 30/10 Looted Foe feta»a»u PROGRESS LBERIT 3/11 loading
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      Page 43 Advertisements Column 4
      320 43 ram VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY 3M MM SM S GAVAN 01N 1819/10 25-27/10 02-03/11 TIGER STAR 176 M 22-23/10 29 31/10 06-07/11 TIGER BAY 177N 25-26/10 01-03/11 09-10/11 ~VSL VOY 3MGAPORE/CALCUTT A/SMGAPORE VESSEL VOY SM CAL SM EAGLE BREEZE OSO In Port 24-28/10 03-04/11 LHOTSE 410 20-21/10
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      1410 44 MAC-NELS S'PORE IMPORT: *****02 PENANG: (04) *****6 SIBU (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 ••v P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA (31) *****0 UK/SCAN/MED PORTS COLOMBO®. AFRICA j 1« !5 SIN Colombo 21/10 22/10 23/10 1 |.2 10 23/10 24 10 Ldn/Flx/Rdm/Ant Durban/Pt Louts
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      Page 44 Advertisements Column 2
      349 44 BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI Ml ITT SIN MAHSURI 0506 27/10 6/11 VIA NPI 1/11 25/11 PROSPfCr 15S 7/11 19/11 VIA NPI 21/11 1/12 MANOAMA 0501 19/11 30/11 VIA NPI 2/12 29/12 FULLY CONTAINERISED SAILINGS
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      Page 44 Advertisements Column 3
      1250 44 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 CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL »0T [[TO [PEST VESSEL TvOY TsPORE [p. AELANC KIM
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      138 46 UP. LIVING IT .vs 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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      130 47 jflwjij&p^^Bl Pr^ --i>g >, W°mMm< jf e// jp KkflS Hfefet I fl ;JH Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business day
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      304 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 *****800 1900 ***************0 JR 10 1 1 1.2 1 3 1.5 16 1.7 1 7 1 7 16 16 15 1.6 1 7 19
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      Page 48 Advertisements Column 1
      875 48 CHARTPOINT Every Saturday in Business Times HYUNDAI Jk MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST fEEOCR Wt WD IKE ISM LIKE HAUL VOY KAO LBH OAK SEA ft HAUL VOY KAO TCM/gA PTI NAN HAI 201 N035 14/10 15/10 17/10 H COMMAWER 2* 25/10 11/11
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      Page 48 Advertisements Column 2
      220 48 jggj PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vessel Voy eta eto eta Sin Surabaya Jakarta Bontang Pacific 068 17/10 20/10 Tanto Utama 201 20/10 23/10 Bontang Pacific 078 24/10 27/10 Nusantara Pacific 018 26/10 29/10 Tanto Utama 203 28/10 31/10 General Agents: Common Freight Carriers pte
      220 words
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      Page 48 Advertisements Column 3
      733 48 CHARTPOiNT Every Saturday in Business Times ServkelpPfe BBSS SWSS! <:¥:¥:¥: w CJS SxXvWS;.. •••< International Project forwarder specialises in handling armament, explosives and related dangerous goods. 1. Air Sea Charter 2. Shipping of explosives, armament dangerous goods 3. Transhipment, warehousing distribution 4. Marine insurance ship supplies 5. Complete documentation, customs
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