The Business Times, 22 October 1991

Total Pages: 50
1 50 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, October 22, 1991 75*
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  • NEWS SUMMARY
    • 59 1 HONGKONG A bank with Indonesian interests has submitted a proposal to take over the local subsidiary of the disgraced Bank of Credit and Commerce International (BCCI), the bank spokesman said yesterday, a week before bids close. The proposal came from the
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    • 37 1 MANILA President Corazon Aquino's chief aide warned foreign banks yesterday the government may be forced into a tougher policy on repaying its debts if creditors do not relax payment terms.
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    • 34 1 TOTAL WAGES for executives in Singapore are forecast to rise by 8.7 per cent in 1992, down from this year's 10 per cent actual increase, says Hay Management Consultants Page 2
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    • 36 1 ANALYSTS believe there will be no sharp changes in Philippine economic policy after the May 1992 national elections and that President Corazon Aquino's successor will probably follow many of her leads Page 7
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    • 31 1 A LONG DROUGHT and land conversions are expected to cut Indonesia's rice production by more than one per cent this year, the Antara news agency Page 8
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    • 48 1 US MANUFACTURERS say that while production has risen in recent weeks for many products, the pickup is so modest and uncertain that hiring new workers an essential step if the United States is to shake off the recession might be delayed indefinitely. Page 9
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    • 40 1 APPLE Computers has finally joined the fray of the booming portable PC market with the launch of three long-awaited notebook computers, the smallest of which was designed with the help of Sony Corp of Japan Page 18
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    • 38 1 MAJOR airlines plying between Singapore and Sydney are scrambling to adjust their flight schedules in reaction to a general strike in Australia's eastern state, New South Wales, planned for tomorrow. Shipping Times Page I
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  • MARKETS SUMMARY
    • 39 1 THE New York stock market paused early yesterday as traders took profits following last week's impressive gains. The Dow Jones average of 30 industrials slipped 10.96 to 3,066.19 at 1430 GMT in the first hour of trading.
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    • 36 1 SHARE PRICES were lower at midday yesterday on the London Stock Exchange. At 1115 GMT, the FTSE 100-share index was down 14 points, or 0.5 per cent, at 2,587.1. Volume was 188.3 million shares.
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    • 39 1 KEPPEL BANK, which plans to seek a listing on the Singapore stock exchange in the near future, is tapping the market for cheap funds through a $167 million bond and loan stock issue. Page 3
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    • 36 1 SIME UEP Properties Bhd anticipates the demand for Malaysian houses to drop slightly with the increase in interest rates, but is confident that the company's sales would not be badly affected Page 3
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    • 31 1 INDONESIA'S diversified Dharmala Group is setting up a real estate network after acquiring a franchise from USbased Electronic Realty Associates (ERA) and its Singapore representative Page 4
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    • 32 1 INDIA is studying a proposal to launch a gold trust or bond to mop up an estimated US$7O billion (S$U9 billion) worth of gold kept by Indians Page 6
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    • 24 1 Exchange rates USS s$ 1.6930 100 Yen SS 1.2973 MS SS 0.6163 Money market rates Overnight 3 3/4 -3/8 3-month 4 3/16% unch
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    • 36 1 London Gold AM fix USS363.I0 +USS2.85 Rubber S'pore Nov 142.25«/kg +0.75 M'sia Nov 227.50*/kg unch KL Tin Turnover 25 tonnes -27 Spot MS 14.89/kg +0.05 Crude palm oil Turnover 762 lots +171 Nov MS831/tonne +3
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    • Article, Illustration
      29 1 Monday Change BT-MGA 682.60 +3.69 Kuala Lumpur ....514.99 -1.61 Tokyo 25,016.81 +121.99 Hongkong 3,998.74 -17.17 Sydney 1,632.4 +14.8 Friday Change Nov York 3,077.15 +24.15 London 2,601.1 +12.4
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  • 595 1  -  Portfolio assets, money deposits preferred to direct investments By Anna Teo SINGAPORE Singapore companies have been going more for portfolio and other financial assets than direct investments when investing abroad. As at end-1989, the corporate sector (excluding financial institutions) had foreign investments totalling
    595 words
  • 340 1 AFP KUALA LUMPUR The United States is looking into the possibility of using shiprepair facilities in Malaysia to replace those at its Subic Bay base in the Philippines, its top military commander in the Pacific said yesterday. Admiral Charles Larson said that
    AFP  -  340 words
  • 378 1 BUSINESS TIMES is expanding. From tomorrow, we will devote one whole page to Bangkok and Jakarta stock prices and market reports. We are also providing more information price-earn-ings ratios, lists of top rises and falls, and the most active stocks on
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  • 229 1 SINGAPORE Wall Street's strong performance last week had a mixed impact on Asian stockmarkets yesterday. The Singapore, Tokyo, Sydney and Seoul bourses notched impressive gains but the Hongkong, Taipei and Kuala Lumpur markets retreated in thin trading. In Singapore, the Straits
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  • 429 1  -  By Elaine Koh SINGAPORE Temasekowned Construction Technology Pte Ltd, a contractor that has largely been involved in public-sector building, has bought into a specialist contractor in New Zealand, giving it a foothold in South Pacific markets and technical expertise for upgrading jobs in
    429 words
  • 108 1 Reuter JAKARTA India is now willing to work with trade groups like the Asia-Pacific Economic Cooperation (Apec), Minister of State for Commerce P Chidambaram said. u We have offered to work with Apec... They have to invite us. India is ready to do business with
    Reuter  -  108 words
  • Page 1 Advertisements
    • 139 1 2JH Awcraft Schedule 31 Money Market 29 Weather 31 Commodities 30 Regional News 7,8 World News 9,10 Company News 3,4,5 Regional Stxk Markets 28 For market indces, editorial, Cryptic Crossword 31 SES 23,24 advertising and circulation aEditorial 12 Share Information 26 tensions, cat Business Times Financial News 6 Simex 29
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 202 2 THE ten Vietnamese refugees the Singapore government had said it would receive if other countries would promise to resettle them have left the Republic. The Ministry of Home Affairs said yesterday the refugees left on the Panamanian ship Gaz Channel on Saturday. The ministry said
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      • 51 2 A 24-MEMBER business delegation from Chile is in Singapore to woo investors. Today, the Chilean team will meet members of the Singapore Manufacturers' Association. At the meeting, SMA members will hear a talk on the Chilean economy and an address by the Chilean ambassador to Singapore, Carlos
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      • 107 2 TWELVE people will compete in the grand final of a Mandarin karaoke contest run by the Chinese Newspapers Division of Singapore Press Holdings and NTUC Radio Heart in conjunction with the Speak Mandarin Campaign. The contest, open only to civil servants and statutory board employees, drew
        107 words
      • 62 2 FIVE hundred scientists, researchers and academics will converge on the National University of Singapore next month for the 10th World Congress on Animal, Plant and Microbial Toxins. From Nov 4-8, about 360 papers will be presented by speakers from 32 countries. The congress is organised jointly by
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      • 97 2 THE Ministry of Health has decided to register medications used to help individuals break the smoking habit. Anti-smok-ing medications that will have to be registered include preparations used as nicotine replacements, nicotine substitutes and aversion products. All medications will have to be registered individually, and their manufacturers, wholesalers
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    • 214 2 THE first three recipients of the Lee Kuan Yew Post-Doc-toral Fellowship, who were selected from more than 260 applicants, were presented to the Senior Minister at the Istana yesterday. The first recipient, Dr Wen Long Ping, obtained his first degree in microbiology from Xiamen University
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    • 465 2  -  Hay Management survey By Anna Teo TOTAL WAGES for executives are forecast to rise by 8.7 per cent in 1992, down from this year's 10 per cent actual increase, says Hay Management Consultants. In line with projected slower economic growth next year, smaller basic
      465 words
    • 239 2 SINGAPORE industries will have access to first-hand information on the latest developments in international standards when Sisir joins the governing council of International Organisation for Standardisation (ISO) next year. Local industries will have their views and concerns heard at the highest level,
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    • 137 2 CPF MEMBERS had withdrawn about $1.7 billion for investment in trustee stocks, unit trusts, convertible loan stocks and gold at the end of September. The figure represents a 4.3 per cent increase on the $1.63 billion withdrawn under the investment scheme at the end of June. According
      137 words
    • 323 2  -  By Shoeb Kagda SINGAPORE timber exporters, faced with a supply shortage of tropical hardwood, are looking into the possibility of sourcing timber from the United States. Though the US only provides temperate hardwood, which is not widely used in this part of the
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    • 512 2  -  By Magdalene Phang VEHICLE quota premiums for the second tender exercise with non-transferable Certificates of Entitlement have gone up again in what could be an upward trend for some time to come. COE prices for November have increased in all categories, except for motorcycles,
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 483 3  -  •s7sm of unsecured bonds with warrants $92m in loan stocks By Magdalene Ng SINGAPORE Keppel Bank, which plans to seek a listing on the local stock exchange in the near future, is tapping the market for cheap funds through a $167 million bond and
      483 words
    • 193 3 MBT KUALA LUMPUR Hongkong-based Peregrine Brokerage Ltd has taken a 30 per cent share in long suspended CS Securities. This follows a restructuring at the local stockbroking house which resulted in CS Securities raising its paid-up capital to some M$ 15 million (559.24
      MBT  -  193 words
    • 216 3 Bernama KUALA LUMPUR Limited companies in all the industries in Malaysia recorded a 24 per cent rise in revenue to M 5181.37 billion (Ssl 11.78 billion) in 1989 against M$ 146.33 billion (5590.18 billion) in 1988. The Statistics Department, in its
      Bernama  -  216 words
    • 338 3 Bernama PETALING JAYA Sime UEP Properties Bhd expects the demand for Malaysian houses to drop slightly with the increase in interest rates, but is confident that the company's sales would not be badly affected. Its managing director, Mohamed Haji Said, yesterday
      Bernama  -  338 words
    • 664 3  -  MARKET TALK By Duncan Mount The writer is managing director of CEF Investment Management Ltd HONGKONG THE Malaysian stock exchange was one of the worst performing markets in the region in the third quarter, falling by 15.5 per cent as measured by
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    • 342 3  -  By Dexter Lee SINGAPORE The Civil Aviation Authority of Singapore (CAAS) has chalked up a net surplus of $234.72 million on a record revenue of over $500 million for the year ended March 31. One of four statutory boards earmarked for privatisation, the
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    • 152 3 SINGAPORE Tibs Holdings Ltd, the new holding company created after the group's recent restructuring, is currently not eligible for CFPapproved investment status. Trans-Island Bus Services Ltd (Tibs) wrote to the CPF immediately after its restructuring to ask if its dividend payment record
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    • COMPANY BRIEFS
      • 110 3 SINGAPORE International Applications Solutions IBM Singapore's and Hong Leong Corp's joint-venture company hopes to sell about 22,000 personal computers in the Asean region by the end of 1992, reaping an expected $60 million in revenue. This was announced at the launch
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      • 66 3 SINGAPORE Keppel Corp Ltd has reminded holders of Keppel Investment warrants that Oct 31 is the last day to exercise the warrants. The company said in a press release that warrant holders who have not yet registered their warrants and who wish to exercise the
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      • 63 3 SINGAPORE Neptune Orient Lines Ltd said the company is in the process of finalising with Schroders International Merchant Bankers Ltd a $200 million seven-year hybrid bond issue with a provision to increase the size of the issue if the demand is favourable. The company said
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      • 57 3 SINGAPORE Inter-Roller Engineering Ltd has informed the Stock Exchange of Singapore that the manager of the Singapore Sesdaq Fund, John Govett Management (Jersey) Ltd, had purchased on Oct 17 a total of 34,000 shares in the company and now has an interest in 2.08 million shares,
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      • 108 3 SINGAPORE MBf Holdings Bhd has clarified to the Kuala Lumpur Stock Exchange about the proposed sale of 49.9 per cent of its equity interest in MBf Card Services Bhd to Asian Oceanic Holdings Bhd. The company said that the issue price of U552.92 per
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      • 99 3 KUALA LUMPUR Bumiputra Merchant Bank Bhd is optimistic of the economic climate despite a lower forecast of its growth figures in 1991. Chairman Datuk Hanafiah Hussain said in his annual report for the year ending March 31 that this optimism was based on the sophisticated capital market,
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    • COMPANY BRIEFS
      • 98 4 HONGKONG Listed Evergo International Holdings Co Ltd swung baek into the blaek at half-time. The company posted an interim profit of HK592.6 million (5520.2 million), compared to a loss of HKS9.7B million during the first six months of last year. Evergo's return
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      • 64 4 TOKYO Pioneer Electronic Corp and its Thai sales agent. Central Trading Co Ltd, have set up a joint sales company in Bangkok, the audio equipment maker said. Pioneer Electronics (Thailand) Co Ltd, capitalised at 80 million baht (555.2 million), is owned 49 per cent by
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      • 96 4 WELLINGTON The New Zealand government is undecided as to what will happen to the 104.5 million shares in Fletcher Challenge Ltd, which are the subject of a put and call option, acting Prime Minister Don McKinnon said. "We have not discussed that issue. Obviously, they've
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      • 49 4 TOKYO Kobe Steel Ltd announced it has started selling custom-designed integrated circuits (ICs) under the Texas Instruments Inc brand. A company spokesman said the ICs are being manufactured by KTI Semiconductor Ltd, a joint venture set up in 1990 by Kobe Steel and TI.
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      • 91 4 BEIJING The Sino-German joint venture Shanghai Volkswagen Corp said yesterday that it would invest, in China, an additional US$464 million (*****.8 million) to boost production of its Santana model. Under an agreement between the German manufacturer and China, the joint venture will merge with the Shanghai Automobile
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      • 71 4 TOKYO Japan's Mazda Motor Corp said yesterday it would set up a new training centre in Belgium for its sales staff in Europe. The centre, to be opened in Puus, north of Brussels, will replace an outdated training centre in the Mazda offices in the
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    • 368 4  -  By William Chia SINGAPORE Indonesia's diversified Dharmala Group is setting up a real estate network after acquiring a franchise from US-based Electronic Realty Associates (ERA) and its Singapore representative. ERA Singapore said yesterday it had signed an agreement with the Dharmala Group,
      368 words
    • 311 4 HONGKONG Axiom Forest Resources and FSC Investment Holdings were to be suspended from the Hongkong stock exchange from yesterday, the Sunday Morning Post reported. Stockbroking house Pierson Securities (Asia) had earlier admitted that it issued inaccurate statements concerning placements in the two companies*
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    • 319 4 HONGKONG A consortium led by Gammon Construction has beaten four other major groups to win the contract for the Terminal 8 reclamation project at Kwai Chung in Hongkong, the South China Morning Post reported over the weekend. The consortium's HKS2.6I billion (SSS6B billion) bid
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    • 198 4 Reuter MELBOURNE Fosters Brewing Group is confident of long-term profits, despite expecting the economic environments of Britain and Canada and the severe recession in Australia, to hit beer sales. Fosters, formerly Elders IXL, said in the 1991 annual report these factors would also
      Reuter  -  198 words
    • 256 4 Reuter SYDNEY Building products group Boral Ltd said profits will not improve until the second half of 1991/92 to June 30 because of continued difficult trading conditions. "Directors believe there will be no improvement in profitability during the half year to December 31, 1991 and the
      Reuter  -  256 words
    • 493 4 MARKET TALK Reuter SEOUL The long-awaited opening to foreign investors of South Korea's stock market next January may help end a two-year slump but the effect will be less than expected, analysts say. "The opening itself is expected to improve market sentiment in
      Reuter  -  493 words
    • 682 5 More problems expected if property values continue plunging NYT NEW YORK In real estate circles, Westinghouse Elect ric's real estate lending business is regarded as one of the great disasters of the 1980s, up there with boom-and-bust savings and loans and oil-patch banks.
      NYT  -  682 words
    • 345 5 Reuter BOSTON Reebok International Ltd on Saturday reported a 97 per cent increase in third-quarter earnings but cautious words from executives about the next period and the prospect of softer sales for "Pump" shoes put pressure on the company's shares. Reebok said it earned 71
      Reuter  -  345 words
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • 141 6 NEW \ORK The Securities Industry Association (SIA) said US investors' net purchases of foreign equities rose to a record US$9.4 billion (Ssl6 billion) in the second quarter. It said on Sunday that foreign investors bought a net US$7.7 billion ot US equities in
        141 words
      • 105 6 FRANKFURT German banks have made good provisions against possible Soviet debt payment problems and so far credits to Moscow have not been stopped, Dresdner Bank AG chief executive Wolfgang Roeller said on Sunday. "There are trade financings which continue unchanged," Mr Roeller said in a German
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      • 106 6 LONDON Police have arrested an accountant working on the British inquiry into the closed BCCI bank and charged him with conspiring to pervert the course of justice, official sources said on Sunday. He was working on secondment to Britain's Serious Fraud Office in its inquiry
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      • 100 6 LOS ANGELES Broad Inc, a life insurance and financial services group, said it had sweetened its bid for Executive Life Insurance Co. It also said on Sunday that it is close to concluding an agreement in principle with a "prominent buyer" who would buy Executive Life's
        100 words
      • 93 6 LONDON Yesterday's Financial Times said Britain's leading banks may refuse to join other international banks in lending to Kuwait to help its post-war reconstruction. The newspaper said refusal to participate at a senior level in a Kuwaiti syndicated loan could jeopardise British industry's chances of
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    • 443 6  -  By Harish Mehta SINGAPORE India is studying a proposal to launch a gold trust or bond to mop up an estimated US$7O billion (S$ 119 billion) worth of gold kept by Indians. A no-questions-asked policy, soon to be made
      443 words
    • 362 6 NYT NEW YORK A Philadelphia savings bank has accused Salomon Brothers Inc, Travelers Corp and some top executives at both of colluding to deprive the bank of money owed to it by four real estate partnerships. The dispute involves real estate partnerships that had
      NYT  -  362 words
    • 233 6 NYT NEW YORK The Federal Reserve Board has decided to give critics of bank-lending policies more time to marshal their arguments, as it considers the proposed merger of Chemical Banking Corp and Manufacturers Hanover Trust Corp. The Fed late last week said it
      NYT  -  233 words
    • 259 6 FT TOKYO Japan's Fair Trade Commission (FTC) last Friday launched an investigation into alleged breaches of anti-monopoly laws by the country's largest broking houses in their compensation of favoured clients for investment losses. Investigators inspected documents at the head offices
      FT  -  259 words
    • 211 6 Reuter KUALA LUMPUR The Association of Banks Malaysia (ABM) yesterday said banks were now more selective in making loans but have not stopped providing financing for low and medium cost housing. An ABM statement said the large savings and investment gap had led
      Reuter  -  211 words
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    • 124 6 tf 4 s?-%*z>"~&-'-f- mt Throughout history, leaders have become legends by taking risks. The risk of the unknown, me unexplored, the uncharted. The challenge of trying something new. in the financial world, sawy risk managers know new ideas are not a risk, but a necessity .And that the biggest risk
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  • THE REGION 1
    • 308 7 All sectors post higher earnings HONGKONG Wage rises continue to contribute to inflation, while orders on hand for Hongkong's 200 largest manufacturers fell slightly, the latest government statistics revealed. According to the South China Morning Post, per capita earnings of employees in the manufacturing sector
      308 words
    • 597 7 AFP MANILA Analysts believe there will be no sharp changes in Philippine economic policy after the May 1992 national elections and that President Corazon Aquino's successor will probably follow many of her leads. A business forum of top presidential contenders held last
      AFP  -  597 words
    • 424 7 AFP PARIS The Cambodian peace treaty, to be signed here tomorrow, is the result of long and complex talks and putting it into application will need a practical, step-by-step approach, experts and officials said. France and Indonesia, the patient co-hosts of the Paris
      AFP  -  424 words
    • NOTEBOOK
      • 101 7 CANBERRA Australia's unemployment rate could reach 11 per cent in the 1992 June quarter, up from the earlier forecast peak of 10.75 per cent, according to confidential Cabinet documents obtained by the Federal Opposition. Opposition Treasury spokesman Peter Reith said a briefing
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      • 79 7 MANILA The Philippines risks losing US$36O million in US aid next year if it summarily ejects American forces from the country, President Corazon Aquino's senior aide said on Sunday. "If we just kick out the Americans in a year... do you think they will
        79 words
      • 105 7 JAKARTA Vietnamese Premier Vo Van Kiet will seek to promote trade and economic relations in his four-day visit to Indonesia, starting on Thursday. Aside from conferring with President Suharto, Mr Vo is to meet with other officials including Finance Minister J B Sumarlin and Defence Minister
        105 words
      • 96 7 PENANG The government has approved the setting up of the "Malaysian laboratory accreditation scheme" (SAMM) which will unify all existing laboratory accreditation schemes throughout the country. The scheme, under the supervision of the Standards and Industrial Research Institute of Malaysia (Sirim), is based on internationally
        96 words
      • 112 7 BANGKOK Vietnam is keen to end years of hostile relations with its non-communist neighbours and become incorporated into the South-east Asian community, Vietnamese Prime Minister Vo Van Kiet said in an interview published here yesterday. Diplomats in Hanoi told the Bangkok Post that Vietnam
        112 words
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  • THE REGION/THE WORLD
    • 303 8 AFP JAKARTA A long drought and land conversions are expected to cut Indonesia's rice production by more than one. per cent this year, the Antara news agency. Antara on Sunday quoted the director of rice and other food crops at the Agriculture Ministry,
      AFP  -  303 words
    • 289 8 Bernama JAKARTA Indications are that Mr Suharto will be re-elected president for a sixth consecutive term when the Indonesian Upper House of Parliament holds its next session in 15 months, and attention has now shifted to the vice-presidency. Observers feel that it is
      Bernama  -  289 words
    • 467 8 Problems remain despite an improving economy Reuter BEIJING The Chinese government, straining under the weight of subsidies and loss-making state enterprises, is still suffering financial troubles despite improvements in economic performance, a senior official said yesterday. "The national economy has regained normal growth," Zhang
      Reuter  -  467 words
    • 659 8 Up to USs3ob in Japanese aid likely if Moscow gives in to Tokyo Reuter YUZHNO-KURILSK. Soviet Union They are already calling it the real estate deal of the century. But the landlord can't decide whether he wants to sell, and the prospective buyer is unsure
      Reuter  -  659 words
    • 286 8 AFP HONGKONG China's eastern coastal city of Xiamen has taken emergency measures to cope with a sharp fall in visitors from Taiwan due to political unrest on the island. Peng Yiwan, director of the Tourism Bureau of Xiamen.
      AFP  -  286 words
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  • THE WORLD 1
    • 597 9 Rise in output not strong enough to warrant hiring of new workers NYT NEW YORK US manufacturers say that while production has risen in recent weeks for many products, the pickup is so modest and uncertain that hiring new workers an essential step
      NYT  -  597 words
    • WORLD WATCH
      • 102 9 LUXEMBOURG Finland's External Trade Minister Pertti Salolainen said he was "cautiously optimistic" the EC and Efta would achieve a common market deal in a Luxembourg meeting scheduled for yesterday. Mr Salolainen told reporters on Sunday that major problems remained in the talks on
        102 words
      • 105 9 BONN Germany's five leading economic institutes expect first signs of growth and a levelling out of unemployment in former East Germany next year, the newspaper Die Welt reported. An autumn survey by the research institutes forecasts a 12 per cent gain in east Germany's
        105 words
      • 100 9 PARIS France's long-awaited counter-plan for a reform of the European Community's costly farm policy may turn out to be a mere adaptation of the EC Commission's draft which Paris rejected only three months ago. French leaders are eager to move quickly on the reform of the
        100 words
      • 113 9 LONDON Sales in Britain's high streets during September showed flickering signs of improvement but the trend remains patchy, the latest Confederation of British Industry (CBI) survey of distributive trades showed. September's retail sales volumes were above levels a year earlier, the second successive month in
        113 words
    • 495 9 Reuter TOKYO Falling property prices in Tokyo have some way to go before they hit bottom, industry analysts say. Saddled with heavy debt and suffering from the effects of high interest rates, many real estate companies are willing to sell land holdings
      Reuter  -  495 words
    • 627 10 Negotiators asked to conclude talks successfully before '92 or face consequences Reuter GENEVA Negotiators at the Gatt talks on liberalising world trade are again being asked to succeed by the end of the year, or face dire economic consequences. Everybody says it will be a
      Reuter  -  627 words
    • 434 10 AP QUNAITRA. Syria Coils of barbed wire curl past the back door of the Ruins Cafe, the only business operating in this demolished town, whose destruction is preserved as Syria's monument to Israel's 24-year occupation of the Golan Heights. Once a prosperous market town
      AP  -  434 words
    • 554 10 Reuter JERUSALEM From the expression on his face it was just another working day. He didn't smile, made no grand statement or show even a twinge of self-congratulation at landing a huge diplomatic prize. James Baker, the laconic Texan, had set
      Reuter  -  554 words
  • Page 9 Advertisements
    • 86 9 NOTICE DRILLSHIP THE OWNERSof the Drillship "BENLOMOND*. which has recently completed a drilling contract in Indonesia, INVITE OFFERS TO PURCHASE the vessel and its equipment. Offers should be received in writing by noon 28 October 1991 at the address below. The vessel is afloat at Singapore and may be inspected
      86 words
    • 814 9 In 1984 a significant revolution took feature System 7, the latest ver- n It combines the famous place that changed the way people went sion of the system software. This gj all-in-one Macintosh design about working. advanced system provides even §g and the advanced perforThis was the year the Apple®
      814 words

  • Page 10 Advertisements
    • 831 10 low The LQ-870 Helped Us lake A Better Impression. Why the LQ-870 LQ-1170 are Why the LQ-H7O are the Best Oot Matrix Printers. the not: Ma tr i x the development the KSC/P 2 tomraand Epson has with the ESC/P command Fpson se t a new standard for 24 pin
      831 words
    • 53 10 FOR SALE NEWLY COMPLETED HIGH SPEED ALUMINIUM PASSENGER FERRY L.O.A. 23.00 MTS SPEED 30.00 KNOTS MAX CAPACITY 90 (NINETY) PASSENGERS FULLY AIRCON ENGINES 2 X 1000 HP CATERPILLAR 3412 TA CLASSIFICATION LLOYDS REGISTER NAVAIDS RADAR, SSB, VHF, SPEED LOG, DEPTH SOUNDER ETC. PRICE U*****,000 FOR FURTHER DETAILS, CONTACT: FAX: *****46
      53 words

  • Page 11 Advertisements
    • 107 11 In the 1850 J it was an alleyway leading to Raffles Place. In the 1950^ In 1960 it In 1992 it will make history again. O o In October 1992, Savu Towers will rise dramatically From historic Change Alley Two state-of-the art office towers soaring 37 storeys and 33 storeys
      107 words

  • 483 12 EDITORIAL IN what has been termed as the biggest breakthrough for Middle East peace since Egyptian president Anwar Sadat visited Jerusalem 14 years ago, the Israeli cabinet voted with an overwhelming margin on Sunday to attend the peace talks, slated to be held in Madrid on Oct
    483 words
  • WHAT THE OTHERS SAY
    • 237 12 POLITICIANS in the West are now more inclined to believe that unless the crumbling Soviet Union is propped up, massively and quickly, it will soon collapse. This is true, but only up to a point. In all likelihood, the Soviet Union will collapse, with or
      237 words
    • 166 12 THE end of the Cold War has inspired many Western countries to promote democracy. At the recent Commonwealth Heads of Governments Meeting in Harare, British Prime Minister John Major has brought forward his grand idea of linking Western aid with the precondition that developing countries practise what is
      166 words
    • 116 12 WE feel that the government's response to the people's feedback on the new time-based telephone charging system has reflected a new spirit. There is no doubt that Singaporeans are more outspoken now. They do not speak just for their own interests, but are able to take
      116 words
  • REGIONAL VIEWPOINTS
    • 179 12 MANY Japanese professed puzzlement at the attention the American media and public lavished on the sexual harassment charges raised during the confirmation hearings for Clarence Thomas. That may indicate how far this country still has to go to overcome its reputation as a bastion of male supremacy. Most
      179 words
    • 136 12 "BE prepared" is still the policy defence planners live by and they are more interested in the potential threats that tomorrow might bring than the events making the headlines of today. No one least of all our defence planners should drain government coffers to buy
      136 words
    • 161 12 THE new policy on employment and foreign labour is indeed wide ranging and pragmatic. While the previous restrictions on employment for non-citi-zens and foreigners were understandable in view of the unemployment rate then, the changed circumstances in the labour market demand an easing of the rules. The
      161 words
  • 1025 12  -  The British can afford houses once more but there may be too many on sale. Rupert Bruce reports Rupert Bruce IHT WHILE the faith of the British middle classes in their favourite investment, bricks and mortar, has been shaken over the last three years,
    IHT; Punch  -  1,025 words
  • Page 12 Advertisements
    • 182 12 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 12 Miscellaneous
    • 44 12 DOONESBURY BY GARRY TRUDEAU H*.POON&eURY,THrSIS VOU\ZBe£UPttGNATW POINT IueHOPBYOfU, MOISTHIS GR&6P&IRSMPGRAT (firrßHO.9n-FOR.yOUR. JOINUSATTHE CASH* NO. R&UV'MAFK 7 I the tunne House,con- iwrkinrjp&ngyournej6h- unne House e/ewoNe mark you ffl GRATUUWONS, SIR! 9QRHOOQ OFPRU6DCALCRS! FOR A C£R£- UH...6ReAT' ASKS THAT. HAIRBAU-' iS# I n& eMS zwt wiui
      44 words

  • ANALYSIS
    • 1472 13  -  How well are Singapore's overseas investments doing? The initial numbers seem to suggest that things aren't all that rosy. But it has to be remembered that these are still early days as Singapore only seriously started investing overseas in the last five to
      1,472 words
    • 286 13 AT the end of 1989, Singapore companies had set up a total of 1,845 subsidiaries, associate companies and tranches overseas, more than 80 per cent of which were in Asia. Almost half of these companies were across the Causeway in Malaysia, with Hongkong next vith
      286 words
    • 295 13 THE Survey of Overseas Investments was started in 1981 primarily for compiling Balance of Payments estimates. But the figures are as much a measure of Singapore's economic activities abroad, and there is growing demand for such information. The survey is therefore being
      295 words
    • 391 13 Majority-local owned companies those with at least half, but not all, their equity held here have emerged as the most active investors of the 1980s. The Survey of Overseas Investments categorises companies into four types: wholly-local owned, for those with 100 per cent
      391 words
    • 543 13 IT would appear that Singapore companies, which have been channelling their overseas investments into portfolio stocks and money deposits, have opted for lower risks rather than higher returns. The hot target instruments of the past decade non-control-ling company stock, preference shares, bonds, debentures and bank
      543 words

  • Page 14 Advertisements
    • 288 14 V v. i SHI *'""J .".'/JVL'.J SUij^at^r•/ J *i i'-i>v"j".;..' TITLE.- THE TAJ J I'HOTOgKAPHER: lAN LUJYO J J hemmm; cawow cic 3^l COLOUR COPIES SO REAL YOU COULD FRAME THEM. CREATE YOUR OWN COLOUR COPIER SYSTEM Just as a photographer captures life in full colour, the Canon gy imagination
      288 words

  • FOCUS
    • 1519 15  -  Hongkong property developer Gordon Wu is betting that dramatic growth in China and other developing countries in South-east Asia will provide a steady stream of profits for at least the next decade or so. Sheryl Dunn reports on the risks involved Sheryl Dunn NYT AT
      NYT  -  1,519 words
  • Page 15 Advertisements
    • 225 15 THE FIRST FAX OKI PLAIN PAPER FAX TO OUTPERFORM y|B!|g|&U AVOLKSWAGEN When the Volkswagen was launched in Amenta in 1954 it did so with one simple headline "THINK SMALL" It took the very best of big car features and got nd of the very worst Including the pnce tag It
      225 words
    • 437 15 j ii I Tii jTtiYn m,IIIvII I m m, I I It .l i 1 j I V ITT 1 1 V. I IMPDEj Some phone systems may m additional phono*, you won't havo to mochlnos, cordless and tlnglo lino chaap at tho time, but beware. install fork oat an
      437 words


  • 248 17 DIGITAL and laser technology is the key to the razor sharp image of Canon's Colour Laser Copiers. IMAGE SCANNING: Analog colour copiers separate reflected light from original documents into three colours red, green and blue or RGB by passing through three
    248 words
  • 725 17 THE cliche "A picture is worth a thousand words" has particular significance for Yoshiharu Hiruma, the factory general manager and Quality Assurance adviser to Aiwa Singapore. In the past, he had to evaluate parts supplied by vendors and disseminate the report to his
    Picture by Arthur Lee  -  725 words
  • Page 17 Advertisements
    • 146 17 Colour Copy Centres WHERE you can get Canon's colour copying services: Canon Mwketing Stnfea Pie IM 2 Alexandra Rd #01-01 Delta House. Tel: *****11. r—« Trading ill Services #03-98 C Golden Mile Complex. Tel: *****98. Blk 529 AngMo Kio Ave 10 #01-2357. Tel: *****75. Hong Lai Hnat Photo Colour Blk966Jurong
      146 words

  • INNOVATION & TECHNOLOGY
    • 539 18  -  Yesterday, Apple Computers added several new machines to its product range. Claire Leow reports Claire Leow APPLE Computers has finally joined the fray of the booming portable PC market with the launch of three long-awaited notebook computers, the smallest of which was designed with
      539 words
    • 295 18 NYT THE largest computer exhibition in the US opened in Las Vegas yesterday against a backdrop of widespread industry turmoil, caused by rapidly advancing technologies and sputtering sales. The chaos has sent computer makers and software publishers scurrying in search of safe harbours, entering
      NYT  -  295 words
    • 650 18  -  Kenneth James takes a closer look at the operating system that's challenging Microsoft for the right to run the innards of the world's PCs IT MATTERS Kenneth James OPERATING SYSTEMS are big business; ask software titan Microsoft. In the personal computer world, Microsoft's MS-DOS operating
      650 words
    • 195 18 CLEARPOINT of Massuchusetts, a supplier of add-in memory products, storage systems and inter-net-working products, has stepped up its regional thrust. It has established a regional sales and marketing office in Singapore to support Cleaipoint distribution in all countries in the Pacific Rim, except
      195 words
    • 446 18 AP CONSIDER the beer bubble. One of life's simple pleasures a frothy glass of beer contains incredibly complicated physical phenomena, according to scientists who studied how bubbles form and rise in i the malt beverage. j "You might think that in the
      AP  -  446 words
    • 472 18 FUJITSU, the world's second largest computer maker, will sell its computers in Europe under its own name, Nihon Keizai Shimbun has reported. Its move is seen as an acceleration and globalisation of its corporate strategy. Other Japanese computer giants including Hitachi and NEC Corp have so far been supplying
      472 words
  • Page 18 Advertisements
    • 210 18 Notebook In today's competitive 4 L business environment, f computer downtime is /wI becoming less and less c f T i affordable. If time is money, A .nni then computer time can be vA ±***** 000x00 pure gold. A computer s,nce malfunction a time-critical mean the loss competitive the the
      210 words

  • Page 19 Advertisements
    • 237 19 NOT SOMETHING FOR EVERYBODY. BUT EVERYTHING .J A FOR SOMEBODY. An entire floor to each four bedroom unit with its own I —wiWi t private lift. The finest Italian marble and parquet flooring. Custom-made kitchen and i«yi m I J 3 bathroom fittings and accessories from the best design houses
      237 words

  • Page 20 Advertisements
    • 161 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      161 words
    • 375 20 CANOPY BAR Arrange to meet here In the heart of the city, enjoy the unfair advantage. Briefly interrupt your hectic schedule, or capture the magic as daylight turns to dusk, and dusk to dark. Watch the world go by beneath open skies and take pleasure amidst the comforts of our
      375 words
    • 280 20 is* M £|i ifX if Have a memorable WMM It evening at our newlyrenovated Club 5! AsJ Unwind with a refresh- ing drink and let SUGAR N I V SPICES sooth A away your blues with their SAT varied repertoire sal HAPPY HOURS: TJ7/ pm Plaza Hotel nimcot ounrui invitioic
      280 words
    • 262 20 Bk 1 hats our prediction for you when you step into the Kasbak u 1 I've bands take you down memory Lute with golden hits and evergreen*. Every night is nostalgia night. You'U be mesmerized. VMmy, *rm—2mm -JH- ./>-«* a, Kmrmtkg —Sm*4ay* frmm 7pm f/a t fj r iiii Chef's
      262 words
  • Page 20 Miscellaneous
    • 720 20 TELEVISION AND RADIO A 1 #A A\ "I A owxft '.J' >■ by the Oddfellows, loeal in- 6.00 News. .-T little nieht music v tsssr XX t llv A llgl A XXX 7.00 AM CNN International (L). tonight include Case Woo 7.05 Cable News Network. 7 flLm 5£L ,n 8.00
      720 words

  • LIFESTYLE
    • 1070 21  - Beware moods spread Some people are natural transmitters of emotions while others are more vulnerable to being affected by the moods of others, says Daniel Goleman Daniel Goleman NYT L L 1 moW V J j TIONS rl a e j contagious," wrote the Swiss psychoanalyst Carl Jung. His observation
      NYT  -  1,070 words
    • 680 21  -  Spencer Bright tries to demystify the aura around the success 0f... Spencer Bright AP TWO THINGS haven't changed in 20 years at the Hard Rock Cafe: the lines of people waiting to get in, and the arguments about why they bother. In
      AP  -  680 words
    • 360 21 CHATTERBOX NOBEL LAUREATE J Michael Bishop gave 350 high school science students his formula for winning a Nobel Prize. Prof Bishop, a microbiologist from the University of California, San Francisco, told the students that their teachers "should spend more time on inspiration and
      360 words
    • 346 21  -  Susan Tsang previews An Evening of German Chamber Music Susan Tsang TONIGHT the Goethe Institut achieves its aim of cultural exchange by having an evening of German chamber music performed by local musicians. To add to the cultural mix, the performers all received their
      346 words
  • Page 21 Advertisements
    • 151 21 AND ENTERTAIN Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Every Monday to Saturday A Happy Hours: 6to9pm (one for one special) SINGAPORE I 16 Naaam Hi» Singapore 1025 j Tatepfwne (06) 732 1222 Mongolian Buffet at New Park Cafe Pick the choicest ingredients
      151 words

  • SPORTS
    • SIDE LINES
      • 101 22 KATHMANDU Two British-made Star Flyer Balloons took off from their Gokyo base camp yesterday in an attempt to fly over 8,848-metre (29,028-foot) high Mount Everest, an expedition source said. No other details were immediately available on the flight, which was delayed on Sunday
        101 words
      • 70 22 LISBON Mario Sousa set a personal best of two hours, 15 minutes and 21 seconds on Sunday to win the Lisbon Marathon as Portuguese runners dominated in fine autumn weather along the banks of the River Tagus. Portuguese men swept the top three places and its women
        70 words
      • 132 22 READING, England Six-time world snooker champion ~Steve Davis returned to something like his old form here on 'Sunday as he hammered fellow Englishman Jimmy Chambers 5-1 in the fifth round of the Rothmans Grand Prix. The world number two has not won a ranking tournament since blanking
        132 words
      • 108 22 LONDON New Zealand hit a World Cup peak after Australia had touched a tournament low to seal the predicted j, "jjfunch clash between the game's top two sides in the semi-fi- .«4lals at Dublin next Sunday. The All Blacks blasted a warning to the Wallabies by running
        108 words
      • 38 22 FILDERSTADT, Germany Anke Huber of Germany upset Martina Navratilova 2-6, 6-2, 7-6 (7-4) to win the U*****,000 Porsche Tennis Grand Prix on Sunday, preventing the nine-time Wimbledon champion from tying Chris Evert's tournament victory record.
        38 words
    • 597 22  -  Japanese sports goods giant Mizuno is pleased with its 100-metre records. Nirmal Ghosh reports on its achievements Nirmal Ghosh AT 115 grams for each shoe, they weigh only a little more than the average football stocking. They also took an estimated US$BO,OOO (S$ 135,000) to
      597 words
    • 243 22 AP NAPA, California Charles Coody shot a 1-under-par 71 on Sunday to withstand a charge by defending champion Lee Trevino and win the Transamerica Senior Golf Championship. Coody's 12-under 204 total for 54 holes on the 6,630yard Silverado Country Club south course was two strokes better
      AP  -  243 words
    • 624 22 Reuter SUZUKA Ayrton Senna ■entered motor racing's hall of fame in controversial style on Sunday after clinching his third world drivers' crown in four years. His second place at the Japanese Grand Prix was all he needed to join six others in
      Reuter  -  624 words
    • 634 22 Reuter WENTWORTH, England Seve Ballesteros may not have won any of golfs four major championships in 1991, but in every other respect it has been a fine year. The cavalier Spaniard capped a superb summer with a devastating display of precision golf to capture the
      Reuter  -  634 words
    • 151 22 AFP LYON, France Pete Sampras destroyed Olivier Delaitre's Davis Cup hopes when he allowed the Frenchman only two games in the final of a US$5OO,OOO ATP tournament here on Sunday. The 24-year-old Delaitre, who beat French number one and top seed Guy Forget for the first
      AFP  -  151 words
  • Page 22 Advertisements
    • 33 22 z) C L Hf' /tfe fafte me/KUHe a#u/ eTi/ete*/ /&4tJ dtmen&ww c Wai (°fiemg bailors (Established 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, Westin Plaza, Raffles City. Tel: *****19 Fax: 65-*****44 f
      33 words
    • 395 22 round you will also be eligible for the Lucky Draw. Pick one of the designated coloured balls from a barrel and other The lucky who S 1 Million HIIIINIHW Hole on Nov 26th 1991 will win a fantastic Porsche 911 Yes, there's $1 Million to be won if you score
      395 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4990 23  -  By Dawn Tan THERE arc heartening signs that the eloud over the loeal bourse may be lifting. The key Straits Times Industrials Index yesterday advaneed 9.86 points to 1,387.84 from last Friday's close of 1,377.98. Among other indices, the broaderbased BT-Morgan Grcnfell Asia Index
      4,990 words

  • 4000 24 Main Board OCBC Foreign 1040 f 30 <-3.0% Keppel Corpn 730 +25 +3.5% C Properties 670 20 3.1% Sing Inv Kin 209 +19 +10.0% Robinson 476 +16 +3.5% (XIF. 715 +15 +2.1% S Steamship 50* 229 +1 5 7.0% Shangn-La 540 +15 2.9% Metro Hldgs
    4,000 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4251 25 Bernama SHARE PRICES moved sideways due to lack of encouraging local leads to close mixed yesterday in thin trading. The all-share Emas Index closed 0.30 of a point lower at 131.56 while the KLSE Composite Index dropped 1.61 points to 514.99 while
      Bernama  -  4,251 words
  • Page 25 Advertisements
    • 90 25 FOR BITS AND 1 BYTES Geared to keep the busy business executive abreast of Sw technologies he can exploit to full advantage, NOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local
      90 words

  • BT SHARE INFORMATION SERVICE
    • 385 26 c »«Wny Date Year Croup Net N«t earnings Gross to profit/less (L) per share dividend ('000) (cents) Oct 18 km 91 $8891(111.711) 55(72) 1(1) >» View Oct 16 lun 91 $5627($5,262) 25 5(238) 8(8) 00,14 ,un91 W31($773) 306 3(254 2) 150(150) **>ng Guar 0d io Apt 91 $619,218t($7U.159l)
      385 words
    • 745 26 BONDS, LOANS WARRANTS Company Conversion p«rk>d Conversion term ter one erdtaory store fcnrt Nt Before 30/6/94 1 warrant plus tftfl 00 cash CtC Nt Before 26/4/93 1 warrant plus U09 cash CauMwiy Loan Caiaanay Nt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus 50 77
      745 words
    • 331 26 Company Data Yaar Croap pro-tax Nat aaraiags Grass aaa ta prom/loss (L) par sfcara dhrtdond (•000) <ea«ts) YTL Corpn Oct 9 Jun 91 M$30.889($19.311) 13.8(7.9) 10(10 Boustead Oct 2 Jim 91 M$35.810($32,503) 10 4(8.5) 15(15) SBS Oct 2 Jun 91 $4,315($4.140) 101(11.5) 7(7) Antah Hldgs Sep 30 Jun
      331 words
    • 493 26 Oct 18 Cerebos Pacific Ltd has sold its Pizzaland assets in the Far East to Jardine Matheson Co for HKW2m (SSI 8m) Sembawang Projects En|ineerin( Co Pte Ltd has clinched a 593 m contract from Mobil Oil Singapore to build new storage tanks for its USJ6OOm (SJ 1.02b)
      493 words
    • 974 26 Carrwt Ex Bocks Date Total for Total far piymwrt data dote payaWo tho year last year Aon 5*TE(I) Oct 21 Oct 31 Nov 15 5*TE 10*TE NOB 50c 3.51(b) Sep 13 Sep 27 Oct 25 3 5* 25* Antah Mdp 50c 6*(b) Nov 21 Dec 5 Dec 24
      974 words
    • 211 26 Main Board Last FiaM Year Company Period Date Year Net EPS Gross Nat arrowed andnf (centi) profit twt year (JUOO) Carebos Interim Apr 27 Jul 91 126 200TE(a) 38.911 Tonj Mang tnterwn Aug 2 Dec 91 4 8 5 0 385 CW> Last FuH Year Company Period Data
      211 words
    • 60 26 Company Bonus Issue HI? rtdgs One-tor-two Ex-date Oct 11 Boob dose Oct 17 Company Others Am* Stetl Restricted Offer for Sale of Angkasa Marketing Bhd shares on the basis of 50 Angkasa shares of MSI each at MK 50 per share for every 1.000 Amal Steel shares hefd
      60 words
    • 527 26 C—p—y Date HaM-yaar Group pro-tax Interim aaa to profit/loss (L) dividend ('000) Metroptex Oct 18 Jul 91 M$16,678($13,323) Heiza Cocpn Oct 17 Jul 91 M$548($l,391) MMC Oct 10 Jul 91 M$25.871 ($35,303) 20(20) Umpiwne Tel Oct 9 Jun 91 M$11.018($8,115) Sri Hartamas Oct 8 Jun 91 M$1.124l($2.531l) M
      527 words
    • 931 26 Pricas m at 21.10.91 Caovarstoa tanas Prewlaw/ Expiry (<hcwt) Aawaat Optional** ask* iSSMd Caapaay (a* Wrts Star* Loaa Cam Exar Lastfc Cask Cash. Loan Gaariag, Data NKfcs aalts) stack ratio prict Mm 1 Stk, 4 Laft valaa S > Burwill 115.2 0 200 0.670 1 00
      931 words
    • 618 26 Company Rights Issue Asa Pic Laid One-for two <g, MJO 65 per share Mfanca Tadi One-tor-one SI 00 per share Bsftan Issue of $90 978m normal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the base of $2 nominal amount of Bonds for
      618 words
    • 365 26 MBf Finance Bhd: EGM at The Penthouse, 23rd Floor, Plaza MBf, Jaian Ampang, ***** Kuala Lumpur, Malaysia on Tuesday, Oct 22, at 10am. Tanjoni Tin Dredging pic: EGM at The Great Eastern Hotel, Liverpool Street London EC2M 7QN on Wednesday, Oct 23, at 10am. Petafini Garden Bhd; EGM
      365 words
    • 191 26 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1591 h*h: 1333.08 (3/6/91) 1991 H* 1565 58 (3/6/91) 1991 km: 1022.52 (16/1/91) 1991 1149.08 (16/1/91) 1990 Mfh; 1435.43 (16/7/90) 1990 h«h: 1607.12 (27/3/90) 1990 low: 981.07 09/11/90) 1990 tow 1079.50 (11/10/90) 1989 Nch: 1322 00 28/12/89) 1*9 N* *****6 (26/12/89)
      191 words
  • Page 26 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2224 27 Reuter TOKYO stocks strengthened to close above 25,000 for the first time since June 14. Brokers said buoyant bond prices reinforced hopes of easier credit and arbitrage buying helped to boost sentiment. But they added that profit-taking and caution after Friday's
      Reuter  -  2,224 words
  • STOCK EXCHANGE OF HONGKONG
    • 1832 27 Reuter STOCKS ended weaker yesterday, the day's gains eroded by profit-taking and execution of overseas sell orders towards the close. The Hang Seng Index slid 17.17 points to end at 3,998.74, well below an intraday high of 4,032.43 hit in early trade on gains in
      Reuter  -  1,832 words
  • Page 27 Advertisements
    • 29 27 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
      29 words

  • REGIONAL STOCK MARKETS
    • Aussie market reaches 20-month high
      • 817 28 STRONG BUYING support across the board pushed the Australian share market to a 20-month high at the close yesterday, but profit taking trimmed prices off their late morning highs. The All Ordinaries Index closed at 1,632.4 points, up 14.8, the highest level since Feb 19 last year when it
        817 words
      • 266 28 NEW ZEALAND shares held on to their morning gains to end sharply higher yesterday on the back of Wall Street's record close on Friday. Some brokers had initially predicted that local strength would not sustain itself as little had changed fundamentally, hut in the end stocks like Fletcher
        266 words
      • 731 28 TRADING in shares of Krisda Mahanakorn, a major real estate issue, dominated the Thai market yesterday and helped lift prices in other sectors, brokers said. Krisda Mahanakom hit the 10-per cent ceiling ending 6.50 baht higher at 72.50 with a turnover of 311 million baht, or 19 per cent
        731 words
      • 692 28 STOCKS in Jakarta continued their decline yesterday with the index falling 2.25 points to 231.2 in active trade. Brokers say the market still has further to go. Turnover was 11.06 million shares, up from 1.77 million on Friday, including nearly eight million in Unggul Indah, whose ownership has changed.
        692 words
      • 516 28 MANILA share prices moved sideways in cautious trading yesterday on concern over the rapid rise of the Dow Jones index in New York and political uncertainty caused by the return of former first lady Imelda Marcos, brokers said. "People are wary. The Dow Jones has been moving up too
        516 words
      • 464 28 LATE SELLING pulled thinly traded Taiwan stocks down yesterday at the close as domestic political tensions kept many investors sidelined, dealers said. The weighted index dropped 37.74 points to end at 4,296.56 on turnover of NTS 13.7 billion. Plastics rose in early trade on news reports of rising world
        464 words
      • 793 28 SEOUL shares rose on hopes that liquidity may be eased after the South Korean finance minister's remark that financial institutions give troubled small and medium sized companies financial help, brokers said. Most of the securities houses shares climbed their daily limits boosted by rumours of an increase in brokerage
        793 words
      • 87 28 SHARE prices finished modestly up on the day despite a bout of profit-tak-ing that knocked many issues off their early highs on Friday. "The market had many things going its way but buyers were very timid. Caution underlined trading," broker Anand Diwan said. He said selective selling in highpriced
        87 words
    • 443 28 Close Previous Oct 21 AUSTRALIA All Ordinaries Index 1.632.4 1,617.6 4-14.8 All Industrials Index 2,538.6 2,516.7 f2l.9 All Resources Index 9414 931 0 +10 4 Turnover (million) 102.75 105.9 -3.15 BANGKOK SET Index 630 80 619.34 11.46 Turnover (billion bahi) 1.63 1.2 +0.43 JAKARTA Composite Index 231.2 233.45 -2.25 MANILA
      443 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 452 29 Reuter LONDON The independent verification by a firm of business advisers of a recent probe into trading irregularities at the London Futures and Options Exchange (FOX) is likely to take some time, regulatory sources said. "This is a thorough stoneturning exercise,
      Reuter  -  452 words
    • 292 29 Major revision aimed at encouraging foreign investment AFP NAIROBI Kenyan President Daniel Arap Moi on Sunday announced a major revision of foreign exchange regulations aimed at attracting investors to the country. Under the new regulations, foreigners and residents alike would be permitted to deposit foreign exchange
      AFP  -  292 words
    • 388 29 Cross rates cm 21 USS S$ MS Dm Yen SFr AS NZS USS 1.6915 2.7440 1.6880 129.80 0.5797 1.4760 1.2523 1.7646 SS 0.5912 1.6222 0.9979 76.7366 0.3427 0.8726 0.7404 1.0432 MS 0.3644 0.6200 0.6152 47.3032 0.2113 0.5379 0.4564 0.6431 Dm 0.5924 1.0021 1.6256 76.90 0.3434 0.8744 0.7419
      388 words
    • 542 29 Interbank rates SS Bid Offer Overnight 3 3/4 3 7/8 1-month 4 4 1/8 2-month 4 1/16 4 3/16 3-month 4 3/16 4 5/16 Overnight mode: 4-1/16 US$ Bid Offer 7 days 5 VI6 5 7/16 1 month 5 1/4 5 3/8 2 months 5 3/16 5 5/16
      542 words
    • 941 29 REPORTS Reuter ASIA Tokyo: THE US dollar was hovering near its day's high against the yen yesterday and was firmer against the mark on continued short-covering, based mainly on technical factors. "It was a simple technical correction after the recent strength
      Reuter  -  941 words
    • 1172 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.49 94.50 94.49 94.49 5000 ***** 9904 Mar 92 94.59 94.60 94.58 94.58 6300 ***** ***** Jun 92 94.35 94.36 94.34 94.35 1600 6384 3913 Sep 92 94.03 94.04 94.02 94.02 500 2408 3275 Dec 92
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  • COMMODITIES
    • 237 30 Reuter CANBERRA China's admission to the Association of Tin Producing Countries (ATPC) has been accepted in principle by the ATPC's executive committee, ATPC executive secretary Redzwan Suman said. Mr Redzwan said the recommendation would be passed for formal approval to a ministerial meeting of
      Reuter  -  237 words
    • 474 30 NYT MOSCOW At a time when central planners no longer tell enterprises what to sell or whom to sell to, Vitaly Shorin works breathless 12hour days matching buyers and suppliers of boots and bricks, blue jeans and computers, wheat and oil. A year ago when
      NYT  -  474 words
    • 837 30 REPORTS ACTIVE short-covering following gains in New York pushed gold to a higher close in Hongkong yesterday, dealers said. But they said it was a purely technical-driven market as players seemed no longer concerned about the Soviet Union's gold reserves. "Gold is
      837 words
  • 1334 30 Rubber 0*21 WAS (t»> hi tatot) S cents/kg Noon Close Int I RSS Prompt 141.<XVI42.00N I4I.25/I42.25N Int I RSS Nov 91 142.*****.00 142.25/143.25 Int 1 RSS Dec 141.00/141.50 141.25/141.75 Int 2 RSS OP 137.50/139.50N 137.50/139.50N Int 3 RSS OP 136.0(V 138.00N 136.00/138.00N Int 4 RSS OP 132.50/134 SON 132.50/134.50N
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  • Page 30 Advertisements

  • 1109 31 City FNckt ETA Flight ETD GA893 1225 GA892 0110 'filial QF82 2200 RJ183 0100 GA893 1225 GA892 OHO KL837 1340 KL838 2305 A SQ388 2045 NZ36 2305 BM21 1105 BJ422 1205 BI429 2030 ***** 2125 8195 2140 ■—gtofc SQ69 1745 TG402 0630 AY902 1315 SQ62 0845
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  • THE TRAVEL PAGE
    • 672 31  -  LETTER FROM SPAIN By Francesca Gee Early pilgrims braved bears, wolves, bandits and even marauding Moorish soldiers on their way to the shrine of Saint James, but modern-day trekkers face little worse than sunstroke or blisters. For centuries the search for atonement attracted throngs
      672 words
    • 152 31 As at 3pm yesterday: I/)cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3459 1.3574 Canadian dollar 1.4865 1.5091 NZ dollar 0.9478 0.9882 Sterling pound 2.9034 2.9282 US dollar 1.6910 1.6950 Local dollars to 100 units of foreign currency Austrian schilling 14.108 14.322
      152 words
    • 74 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 18-24 International Boulogne- Comite Des **********0 Oct 21-24 Building Riyadh. Riyadh **********8 Exhibition of Car Billancourt Expositions De Construction Saudi Arabia Exhibition Pa°«s^ n r ai^ rc CedCT FranCePanS Oct 21-26 International Baganzo.a- Ente Autonomo 3952.996.
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  • Page 31 Advertisements
    • 46 31 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know from start to (■Vimah Management: in BT every Monday
      46 words
    • 16 31 SEE AND Read her— body Secrets instructress A Tuesday JHpFIF From lunch-time. j Monday to Saturday.
      16 words
  • Page 31 Miscellaneous
    • 219 31 Don't ignore appeal, Suffering from a shock which is diminishing 12 j j J hIII^-__ 14 Long up M Spoke when directed to 20 Flying through the air (6) 24 She writes and the dope carries out her order (9) LmJ 26 He'll give you the post and your paper
      219 words
    • 197 31 Singapore Outlook: Hazy and cloudy with showers over a few areas in the afternoon. Report Maximum temperature 30.6 Assoc humidity 61% Minimum temperature 23.9 Assoc humidity 93% Hours of sunshine 2.86 Rainfall in mm 0.1 Rainfall this month 33.2 Rainy days this month 4 World forecast Asia-Pacific Hi/Ix>* Cond. Auckland
      197 words
    • 46 31 OF COURSE I DID HOU) DO YOU "THINK I I come, off it, bristou A we. uouio mte. lwJD«> "Mis JOB 7 J WOU'VC NB«R ME.T Bur HE. 7 v s« DPu&nfcß, J\BOUGHT we OFF... J \1 eCUIMPF\ V- If 1 1 AWOOATtD WlWtfßtl LTD, IM3-IMI
      46 words

  • 467 32  -  From Sangeeta Mulchand in MANILA MOVES to open the Philippine market to foreign investors would continue whatever the outcome of next year's presidential election, the di-rector-general of the Philippine National Economic and Development Board said yesterday. Mr Cayetano Paderanga, who is also
    467 words
  • 282 32 MANILA Trade between Singapore and the Philippines is expected to double in the next four to five years after a trade and economic mission to Manila and Cebu this week. Total trade, which was S$ 1.78 billion last year, is expected to hit $3.56
    282 words
  • 306 32 AMMAN The PLO was granted a backseat role at the Madrid peace conference by Jordan yesterday just as Israeli forces launched a series of military strikes in south Lebanon against Arab extremists opposed to the Mid-dle-east talks. Palestinian sources said Jordan
    306 words
  • 196 32 AFP JAKARTA Indonesian President Suharto has called on the ruling Golkar party to develop itself towards promoting openness in all sectors and at all levels of society. "This present era and the next one are eras of openness, in terms of horizon,
    AFP  -  196 words
  • 223 32 Reuter HARARE, Zimbabwe Britain yesterday again took a different stance from its Commonwealth partners on South African sanctions, but avoided the clash that had soured previous summits. Prime Minister John Major told a news conference all 50 states agreed on the goal
    Reuter  -  223 words
  • 718 32  -  The Bottom Line SREE KUMAR SREE KUMAR The writer, formerly a management consultant, is currently a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. FOR the faithful, the current problems at the Harvard Business Revien (HBR) must appear as
    718 words
  • 136 32 AP MOSCOW President Mikhail S Gorbachev, speaking yesterday at the first session of a reconstituted Supreme Soviet legislature, called for urgent new measures to preserve the Soviet Union and prevent economic disintegration. Mr Gorbachev said a draft of a treaty to create a new union of
    AP  -  136 words
  • Page 32 Advertisements

  • ShipingTimes
    • 442 33  -  By Dexter Lee SINGAPORE Major airlines plying between Singapore and Sydney are scrambling to adjust their flight schedules in reaction to a general strike in Australia's eastern state. New South Wales, planned for tomorrow. National carrier Singapore Airlines will mount an extra flight tomorrow
      442 words
    • 341 33 AP LONDON Britain v Europe, a game which Prime Minister John Major has tried not to play, may be back on the schedule because of a dispute over transportation projects. On Thursday, the European Community's Environment Commissioner, Carlo Ripa di Meana, called for
      AP  -  341 words
    • 177 33 Reuter ROME The French and Italian transport ministers, Paul Quiles and Carlo Bernini, ordered feasibility studies on a 9.2 trillion lire (5512.2 billion) fast train project to be completed by the end of 1992. If the studies justify the construction of a high-speed
      Reuter  -  177 words
    • 168 33 Agencies MANILA A division of British Airways (BA) is joining a consortium with a local management firm to bid for the soon-to-be privatised Philippine Airlines (PAL), newspapers reported here yesterday. Newspaper reports said the BA division, Speedwing Technologies, was joining a consortium
      Agencies  -  168 words
    • 904 33 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 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5 The Bank Line
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    • 372 33  -  By Selva Kumar SINGAPORE Shippers who want to learn how freight forwarders do their work can in future attend courses conducted by the Singapore Freight Forwarders Association (SFFA). Mr Ole Dyrhauge. chairman of the SFFA's Vocational Committee told BT that from next year,
      372 words
    • 285 33 Reuter NEW YORK Oslo-based International Association of Independent Tanker Owners (Intertanko) discussed strategies for a Congressional hearing on the US Oil Pollution Act (OPA) at its six-monthly councir meeting last Thursday and Friday in Stamford, Connecticut. "We are discussing how to respond to
      Reuter  -  285 words
    • NEWS SUMMARY
    • LOGBOOK
      • 63 34 KARACHI, Pakistan Three Chinese fishermen were killed when the cold storage of their vessel filled with poisonous gas leaked off the Pakistani port of Karachi, Pakistani officials said on Sunday. The three crewmen died as they went one after another into the cold
        63 words
      • 75 34 CHICAGO Investigators of the US Federal Aviation Administration are searching for the pilot of a light plane that came within 15m of an American Airlines jet in the third near-collision over Chicago within a month. The incident occurred around noon on Thursday as American Airlines
        75 words
      • 90 34 JAKARTA A freight train rammed into a public minibus at an unguarded railway crossing in east Java, killing eight people and seriously injuring 15 others, the Berita Buana daily said on Sunday. The minibus, carrying 22 passengers plus a driver, was passing the railway crossing
        90 words
      • 62 34 BUENOS AIRES, Argentina, An iceberg the size of a major city will begin to break up as it is buffeted by polar currents in the South Atlantic, experts said on Friday. Fragments several square kilometers long would pose a danger to shipping as six-sevenths of
        62 words
      • 69 34 ACCRA Japan has made grants to Ghana totalling US$l35 million (SS22B million) to install a new communications network and for road construction, Ghana News Agency (GNA) said. Japan's Ambassador to Ghana, Mr Minoru lida, said that US$7O million would be used for the communications project and
        69 words
      • 48 34 ORLANDO Delta Airlines Inc said it will begin daily non-stop service from Orlando to Denver and Calgary from Feb 1, 1992. The flight departs Orlando, arrives in Denver, then flies to Calgary, with a return trip beginning from Calgary the following day.
        48 words
      • 73 34 KUWAIT American sailors started repair work on Sunday at Kuwait Zoo, damaged by Iraqi troops who killed most of the animals during their August-to-February occupation of the emirate. Up to 800 sailors of the USS LY Spear, a submarine tender which arrived in Kuwait on
        73 words
    • 1015 34  -  Airlines are now providing passengers with more than just the outdated in-flight movie and pedestrian elevator music, Roger Collis reports Roger Collis IHT IN THE beginning there was the in-flight movie, elevator music on the sound channel and those earphones with little plugs which used
      IHT  -  1,015 words
    • 689 34 THE DRY cargo chartcr market on Friday saw rates edge up slightly from already high levels with the Baltic Freight Index rising five points to 1,639. Grain and time-charter routes except for US North Pacific/Japan were higher, but overall chartcr volume declined from levels earlier last week, brokers
      689 words
    • 8937 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published tor a maximum
      8,937 words
    • 3308 47 A i. l.B( C ontainerline NY: Belsin Shpg Agencies Pte Ltd (SVMarine i lundling Sdn Bhd (PK/PN). Vccord Group: Accord Shpg Pte l td (SVAccord Contr L ine (PK/PN). Vdkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air
      3,308 words
    • 252 47 Abacus Couriers Tel: 545-8011. Pax: *****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-I.ink International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Senices Tel:
      252 words
    • 1549 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033 Fax: *****05. Verospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,549 words
    • 3008 48 ARGENTINA No report received. AUSTRALIA Queensland- \bbot Point: Coal: berth vacant. 4 vessels due b> Oct 29; no delays expected. I la> Point: Coal: I vessel loading. I waiting; X vessels due by (Xt 27. I>alrymplc Bay: Coal: I vessel loading. I waiting: 12 vessels due by Oct
      3,008 words
    • 559 48 ARRIVALS Op Might l>pe ETA I From TODAY NCA K/203 B747F 0145 I NRT KAL KE697 B747F 0150 I SEL JAL J 1.617 B747F 0345 I TYO SIA SQ835 B747F 1 125 2 BSL/DXB RJA RJ024 B707F 1900 I AMM/DXB CLX CV796 B747F 2115 I LUX/AUH/KUL TOMORROW
      559 words
    • 1391 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Samitral: 75.200 dwt and built Sept 1977 Cockerill, best offers invited. Marine Fxpress: 35.089 dwt and built Aug 1981 Tohoku and Hansa Partner 28,030 dwt and built Oct 1974 Hayashikane. best offers invited. Anna: 26.702 dwt and built 1975 Austin Pick,
      1,391 words
    • 253 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA KI D Ports of Calls Port Agent OCT 22 22 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 22 23 Andaman Princess 0800 1700 Sin-Phuket-Sin Lines Int Holding 24 24 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 26 26 Cora
      253 words
    • SHIPS IN PORT
      • 583 49 Vtrni Voy Ho Barth Arrtvil Dapartut Vroal Voy No Birth IwW Oapartira Marina Terminal 1 Jurong Port Batam Baru B99 M05 a»or«side 2210/2300 Ll0n Valour 112 alongside 22 10/0700 Batam Sayang *****1 M05 alongside 22 10/2300 New Splendour J12 alongside 22 10/0600 Batamindo 1 110S M02 21
        583 words
      • 234 49 jonore ron Berth: 1: Kris Merubi; 2: Bunga Mas. Pelego Iso; 3: Xin Heng; 4: Turid; 5: Koeki Maru: 6: Umi No 8. Tokyo Bridge. 01 jetty: Subur, Vamno. DCJ: ml. Out on Oct 21: Gemki, Pinya. Barge Josindo Satu. Dut on Oct 22: Blue Sapphire. Oceania
        234 words
      • 900 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From ft ACX Jade 55A 23/1500 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 AHi D'cover ***** 23/0900 1 21/1500 21/1659 21/1900 2 21/1700 22/0659 22/0900
        900 words
    • 376 50 Fishermen fear EC will get fishing rights off Norway AP OSLO, Norway, Hundreds of Norwegian trawlers began a blockade of key ports on Sunday to protest against trade talks which fishermen fear will give the European Community (EC) fishing rights off
      AP  -  376 words
    • 309 50 Reuter BUENOS AIRES Argentina will soon launch a programme offering private and foreign companies exploration concessions in 140 areas covering 1.4 million square km. President Carlos Menem said. "I want to describe what could be called the Argentina Plan of our national fossil fuels policy...
      Reuter  -  309 words
    • 258 50 AFP DJIBOUTI Traffic on the Djibouti-Addis Ababa railway has remained blocked since Oct 4 because of a deadlock in Ethiopia between the Ethiopian People's Revolutionary Democratic Front (EPRDF), and the Issa and Gurgura Liberation Front (IGLF), rail company sources said. Forces of the two groups arc
      AFP  -  258 words
    • 125 50 Reuter ELEFSINA, Greece, A Greenpeace International ship blocked tankers from docking to unload crude oil at a Greek refinery to protest its expansion. Members of the international environmental group said their ship Sirius had prevented two tankers from docking at the Petrola oil refinery in
      Reuter  -  125 words
    • 187 50 SINGAPORE Stolt Tankers and Terminals will spend about US$2 million (553.38 million) and issue over 600,000 new Stolt shares to buy a 90 per cent stake in Norway's Sea Farm A/S. In a statement from Connecticut, Stolt-Nielsen said: "Stolt Tankers and Terminals is
      187 words
  • Page 33 Advertisements
    • 21 33 Lines and services represented by Members ef the Registry ef Accreditedm*\ Singapore National Ship/•'or advertising enquiries, contact Shipping limes /W 740-2tm/74ii-2tm
      21 words
    • 111 33 /Hsu. .tw -i BT shows you how every Monday. =====——————J v e m- P'.4 pv v pv' V- J. -v ..<i* v :V.}' V/: i j ■<<''■■ >* r BRING THEM HOME. A paper subscribed by Singaporeans abroad. n a* a. jo i And by foreign professionals too. he local
      111 words
    • 51 33 Ah Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily 2 Index to Advertisers 1 Port Conditions 16 Sfoppmg Agents 15 Shipping Guide 10.11 Sh«psales Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions
      51 words

  • Page 34 Advertisements
    • 98 34 0 ijpQ I 11 coul( a conlrovcrsial deal between two stock I J/ market stars, a thought-provoking report by L J university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the
      98 words

  • Page 35 Advertisements
    • 2574 35 mm OOCL(S) PTE LTD-JARDINE SHIPPING AGENCIES «1IV#» TEL P2lBOll FAX P240P09 \IIVWW BOOKINGS TEL 3P***** *****58 ■hh»m lEHMINAUCKS TEL *****18-220 PRVASTI PESAKA JARDINE SHIPPING AGENCIES SON. BHD 1 VWQJ A POHF KHANG lEL *****18 FAX *****91 /*****88 PtNANG TEI *****4 FAX *****1 CFS lEL *****6 |£ZS Uedicated to Quality Service
      2,574 words
    • 2120 35 TRANSPORT DIARY No* X (9am to 2pm): Inmarsat Mobile Satellite Communications Seminar, jointly organised h\ Singapore Telecom. Singadpore Polytechnic and Inmarsat at the Singapore PolytechnicAuditorium For registration, please contact Vincent khng. Singapore Telecom at tel: 730-2660. No* 7-8: Seminar on the Shipper's and Carrier's Approach to Marine Insurance and Claims,
      2,120 words
    • 1570 35 TWO SAILINGS TO EUROPE LAS MAERSK V.9112 ETA 23/10/91 CARNIGAN BAY V.0568 ETA 26/10/91 Vessel Voy ETA I ETD Feeder by DESTINATIONS Wofld Lynx/ Merkur Delia lo This week Madison Maersk 9104 29/10 oeoo mhs Port CFS 28/10 2359 MRS Kelang Penang OAK LGB HOU MEM ATL MIA CMS BAL
      1,570 words

  • Page 36 Advertisements
    • 1038 36 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 05/142 24/10 16/11 12/11 11/11 PPPH TOKIO EXPRESS 02/342 27/10 13/11 15/11 18/11 19/11 KATSURAGI 08/143 31/10 23/11 19/11 18/11 THAMES 08/343 3/11 20/11 22/11 25/11 26/11 1- AU. KIITMUNO F. LA SEINE 21/144 7/11 30/11 26/11 25/11
      1,038 words
    • 695 36 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: lAUTOM. PAGO PAGO. APIA t NUKUAIOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX L J BONTANG 2805E8 28/10 2/12 3/12 10/12 11/12 AISO
      695 words
    • 1563 36 I ragwian iw REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/WOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (MA ALG) HAM) ROT) NORTH SEA 133* 28/10 18/11 19/11 23/11 25/11 24/11 25/11 26/11 27/11 NORASIA SUN 9134-3 03/11 25/11 27/11 29/11 30/11 31/11 02/12 01/12
      1,563 words

  • Page 37 Advertisements
    • 1902 37 SsSteqmers Maritime Holdings Ltd kMP&o I ■Nf STRAITS shipping! WSk Containers »o» No Kit H Kong #PXI 5 port *l| Sou Ant Dot Hb| IMS IMfRSX 0112 10/10 21/10 20/10 24/10 07/11 10/11 11/11 13/11 ACCEPTS DUE SAAS CMOKAN BAY OSM 25/10 20/10 2//10 12/11 14/11 IC/U CARGO LIDA MAIRSN
      1,902 words
    • 58 37 SEACROSS Loading SIN DESTINATION MV "GREAT STAR" VOY 6 28-31 OCT B. ABBAS MV "GLORY STAR" 20-25 NOV DUBAI S'pore: Seaoross Shipping Chartering Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: World Seas Ships Agencies (Est.) Tel: *****0 Fax: *****9 Tlx: ***** WSSA EM too stivbroters far \/t uf Clurttrt
      58 words
    • 2381 37 TO: U.3.A./PANAMA FM: U.S.A./PANAMA vtssti wu sr om tea cm >oe s*» won htc wssa vot wtc won sa> cm igb oak sr OSK ROSTOCK fFI42 26/10 19/11 20/11 29/11 3/12 4/12 J/12 2/12 fU*OMAN SfNAIO* WAI3S 4/9 6/9 i/9 13/9 22/» 23/9 "22/10 GERMAN SfNATO* IF 143 2/11 26/11
      2,381 words
    • 326 37 STRAITS/ JAPAN/ STRAITS SERVICE EASTERN PEARL V 9 SPORE: IN PT LOADING FOR CHITT AfiONft CALCUTTA IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DBN CT GIOBAI SEAHORSE *100 MPT 21/10 31/10 J/11 14/11 23/11 •Mm cab IX. 1 PI. GENERAL AGENTS: HAI SUN HUP CO. (PTE)
      326 words

  • Page 38 Advertisements
    • 609 38 mi CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE »Sl WHs PORE ROAM *DAM H BURG BRFMfN ANTWERP MA MR AM 30*8 In Pt 19/11 25/11 29/11 2/12 SRIWIIAYA/ 33W8 30 11 3/1 9/1 15/1 20/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to Inducement. Alto accepting cargo to Caaablanca,
      609 words
    • 1409 38 HANJIN SHIPPING rm 1 sin iiNt M n c HANJIN HONGKONG 031E I? 9 101 WR€CT 18 11 21 II HANJIN KNANGYANG 011E 22 10 M PfIOMNENCE 01* 71/11 »/ll 1/12 HANJIN ROTTEROAM 016E 411 DIRECT 75 11 27 11 HANJIN KUNSAN o«7€ ?9 10 H NEWYOBK 037E 5/12 8/12
      1,409 words
    • 1299 38 d I rl "TETErn^ I I*l scr WC *SG KIG FUS W! OS* NCY 9tf TYO UI HHMCWMniTIfIKKD(ICNI SGf I 10WMG K #71 n10M10»10 JO 10 111 I U 5 U J/11 111 *****U 12 11 412 61? I*****2II121»12 20 12 22 12 1 1 11 1 14/1 lt/1 I
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  • Page 39 Advertisements
    • 1516 39 v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 1 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 •Wf NEPLINE SDN BHD MALAYSIA c cnni
      1,516 words
    • 476 39 [ANTWERP 27/10 KAOHSIUNG 24/10 COLOMBO 29/10 BREMEN 27/10 BOMBAY 24/10 HAMBURG 27/10 KEELUNG 24 10 KARACHI 24/10 LEHARVE/LONDON 27/10 HONG KONG 28/10 MADRAS 25/10 FELIXSTOWE 27/10 CHITTAGONG 26/10 GENOA 24/10 MANILA 27/10 CALCUTTA 26/10 MARSEILLES 24/10 RIKAN ?fi/in ROTTERDAM 27/10 BUSAN 26/10 ba NGKOK 27/10 JAKARTA 29/10 SYDNEY 25/10 YOKOHAMA
      476 words
    • 1087 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND DftOWtGWG WESTBOUND—LOADUG TRMSHPTO) WA EOTTOIDAM nu «r |mu me "So* |sm pit [hbg [bhv fS
      1,087 words

  • Page 40 Advertisements
    • 1441 40 K" V* ft (CR No: **********0 M) W v M m AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ll 1 TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 J, ■> Fj MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,441 words
    • 239 40 Continental Pacific Shipping TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S POKE PK LOADING FOR SHBUMI SW SM SETE/ROT/ANT/FLU/UK ANANGIL FORTUNE 25/10 27/10 ROT/ANT/FLU/W RAN (X HAI 28/10 2/11 SCTE/ROT/ANT/FIU/UK loads Sibah/lndoneM MULTIPORT AGENCIES (S) /0\ PTE. LTD. V TEL: *****77 FAX: *****31 MTI/ P.K. MULTIPORT SDN BHD. TEL: *****09 TLX:
      239 words
    • 142 40 I S pore P Kelang Loading for I THALIA 25/10 28/10 Rdm/Atw/UK/Nantes/ Valencia I REGAL EXPLORER 12/11 16/11 Rdm/Atw/UK/Nantes I [Spore Loading for I PACIFIC TRADER 23/10 Hodeidah/Jeddah I GLOBAL STAR Ski Dubai/Dammam/Kuwait I SEA DIAMONO 5/11 Hodeidah/Jeddah/Aqaba I TALANA 5/11 Dubai/Bahrain/Dammam I I'" S pore Loading for PAN MARINER
      142 words
    • 1190 40 T?SS PHIU-OniCNT UN€S PTC LTD Roblnton Road #07-00 GMG Building Singapore 0106 T»l: *****22/*****69/*****00 Talax: RS ***** PHILI FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU Qltf MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION •ffl*' 24 OCT DUBAI, DAMMAN, SHARJAH. DOHA. 29 OCT MONTREAL. OTTAWA.
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  • Page 41 Advertisements
    • 1279 41 aBSS? j#ff PACIFIC INTERNATIONAL LINES (PTE) LTD m m \*m i Jv mMB P, L Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA {BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 20N 24/10 26/10 31/10 KOTA SURIA 9108 25/10 27/10 1/11 BUNQA TERATAI 433
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    • 1110 41 BENLINE 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 S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benalder f 376 25/10 15/11 Bunga Permai' 388 29/10 15/11 16/11 18/11 igTTI Toyama
      1,110 words
    • 568 41 Mflfe MYANMA FIVE STAR UNE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pon P Gdf MHYA ¥117* Std SIO In Pi HP* AN Vl6l* 22/25 Oct HS& THE BANK LINE (A Mnrica o4 Andrew Walr Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
      568 words


  • Page 43 Advertisements
    • 647 43 Ml I 111 l 1111 l WEEKL Y, FIXED DA Y, DIRECT CALL FROM HAMBURG, RREMERHAVEN, FELIXSTOWE, Y ROTTERDAM, LEHA VRE TO PORT KELANG AMD SINGAPORE NEW ZEALAND/FIJI Qiiic Bkh Sin S'baya Auckland Fiji(A) N.Plymouth(A) Timaru LyttHtoo(B) Dunedin(B) Napter Neftn(ton(C) Tauran^a N Rouen, 9124S 27/10 24/ 0 21/10 21/10 24/10
      647 words
    • 784 43 r ScanDutchg A TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEQgH VESSEL P KLANO PENANO OCEAN VESSEL SIN LI HAVHg(I) «PAM(2) SHAMPTON(J) WUWO(4) OBUNO (8)~ B Saraia/W Bhum 22/10 20/10 17/10 10/10 BanaWar/370 20/10 15/11 B Saraia M Bhum 22/10 28/10 1 7/10 24/10 B Permar 388 20/10 14/11 15/11 17/11 18/11
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  • Page 44 Advertisements
    • 728 44 TO AUSTRALIA/NEW ZEALAND [sir Fr«n IMb tuck Tn« If CMAIM MtiwinftN m zvuT ji/io i/u i»/u it/11 17/11 it/11 MMDM *ai 14/11 N/U 2t/ 11 1/12 7/12 1/12 10/12 HUN HUOG 2i2 1/12 9/12 14/12 11/12 24/12 27/12 BtUSSU 2»3 17/12 26/12 31/12 t/1 12/1 Is/l TO USA/CANADA VSI S*l
      728 words
    • 894 44 EXPORTS TO HONGKONG. TAIWAN. MANILA t JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN IKT SM lItWG MO KEI ITO SM2 NGO AOB VESSEL VOY |SM IPKI PEN BIN SM ACX LIT 168 "23 10 22 10 25 10 29 10 31 10 511 til 711 ACX I
      894 words
    • 73 44 Conventional ICI/FCI Service To vnu. mm pwth south hoc*, mctc mo km* oqm VESSELS AVAILABLE FOR SALg/CHAftfgft/TRAHSHIPWfeNT •V*T BA HO CHI MMH/NHATRAMQ/OUMHOM/HAwsr W 10/»1 fIACH DANG VUNGTAU/PMMOM PCNH/CANTHO/AN GIANG 22/W/S1 "A VESSEL" MADRAS/ C ALCUTTA/CHTTTAOONG/RANGOON 79/ K>/t1 "A VESSEL" COCOMOO/OUBAI/DAMMAN/KUWAIT 31/10/»1 "A VSL JEOOAH/HOOEDAH/AOABA »/W/»1 -O. SERAVA" SIN BATAM WEEKLY
      73 words
    • 1538 44 Ten£~3~m~Wir% 'N CHINA OCEAN SHIPPING COMPANY FULL CONTAINKR LINKR SERVICE Malaysia's agents SINGAPORE'S GENERAL AGENTS mdonesu-s agents CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA KL TEL *****91/17 FA*: *****92, ***** TEL: *****00/226U33 INDONESIA MARITIME L*. 1 16 *ff M 3 TELEX: RS 26*30/1 COSHIP *T
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  • Page 45 Advertisements
    • 526 45 luiiiiaffl BUSAN "EVER LOADING" V.RE 071 ETA 25/10/91 LOADING COMMENCE: 22/10 24/10 noon HONG KONG "NORASIA PRINCESS" V.9130-1 ETA 25/10/91 LOADING COMMENCE: 22/10 24/10 noon FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSL ETA ETD LOADING FOR DELI INOAH 24 10 91 25 10 91 PK BALAM lAMPUNG
      526 words
    • 505 45 S TEL: *****33 (12 Lino.) [ml FAX: *****15/*****03 luPj TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA ILOADING FOR SPORE ANOINFT ?SWB 30/11 OARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOI 2/WB 20/1? DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA KIEN HUNG
      505 words
    • 914 45 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA EH EM SPOKE PORT KUMIG PENANG BLUE IWt in Pt Sditefl Loading lor Mate RUVAI HUDHU 25 10 Loading for Calcutta DOLPHIN 75 10 ?}/|0 Loading For Mate PIONEER SUPREME 73 10 74, 10 Loading For Male DONA *Ut HI 30
      914 words
    • 456 45 JAKARTA w m mi mm. [wT^memm trmtm]| DASAJNAM 72S 23/10 26/10 lARO BHUM In Pt 22/10 Fn 25/10 |1 ■AM BHUM 114S 26/10 29/10 II i EAGLE WIND 13« 27/10 1/n BW>I II DASAJNAM 73S 30/10 2/10 "ANTA BHUM 63N Th»» 24/10 Swi 27/10 II I SURABAYA BHUM <"N~~ Ffi
      456 words
    • 333 45 tiesß-une VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STA* 17SN 24 24/10 31-02/11 OS-OS/ 11 TIGER BAY 177N 25-26/10 01-03/11 09 10/11 TIGER CLIFF 06CS 28-29/10 04-06/11 12-13/11 VSL VOY SMGAPORE/C ALCI/TT A/SMGAPORE VESSEL VOY SIN CM. SIN TIGER RIVER 13SCNB 25 26/10 01-06/11 11-12/11 EAGLE
      333 words

  • Page 46 Advertisements
    • 1314 46 S'PORE MP0R7:*****02 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS COLOMBO/& AFRICA PEN PK SIN PEN PK SIN Colombo 24/10 25/10 26/10 24/10 25/10 26/10 Ldn/Flx/Rdm/Ant Durban/Pt Louis 27/10 28/10 29/10 27/10
      1,314 words
    • 347 46 fjPfc BLUE STAR LINE TO FROM J/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS Sift NPt AKL ITT SIN MAHSURI 0506 28/10 6/11 VIA NPI «/U 25/11 PROSPECT 15S 8/11 19/11 VIA NPt. 21/11 «/12 MANOAMA 0508 19/11 30/11 WA NPI 2/12 29/12 FULLY CONTAINERISED
      347 words
    • 1207 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER MBWCM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA rcsm vo CT* PEST VESSEL jfOY SPOKE P. KEUUtC
      1,207 words


  • Page 48 Advertisements
    • 135 48 UP. LIVING IT EACH WEEKEND, put up your executive feel, 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 shots
      135 words

  • Page 49 Advertisements
    • 124 49 IHIHB H^**wßffi/'' v.. /!^I 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 A vour monpv Essential information accessible every business day 7 through Business Times. In the same way
      124 words
  • Page 49 Miscellaneous
    • 310 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 ******************************00 2000 2100 2200 2300 JR 24 18 1 3 09 07 06 08 1.3 20 26 28 28 26 21 15 09 06 05 06 10 16 22 26
      310 words

  • Page 50 Advertisements
    • 835 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EA3TBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST root* vov pgd pke sw ix hau. vor kao lbh oak sla i»» mm vor kao tcm/«a mi NAN HM 201 N035 14/10 15/10 17/10 H. COMMANDER 2* 25/10 11/11 1«/U
      835 words
    • 206 50 |gm PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vmnl Voy eta eta eta Sin Surabaya Jakarta Bontang Pacific 7B 24/10 27/10 Nusantara Pacific 1B 26/10 29/10 Tanto Utama 203 28/10 31/10 Bontang Pacific 8B 31/10 03/11 Nusantara Pacific 2B 02/11 05/11 Tanto Utama 205 04/11 07/11 C
      206 words
    • 620 50 CHARTPOINT Every Saturday in Business Times FREIGHT MANAGEMENT GROUP PTCTVT ||M*r fcaa [Si |Mw «mmi I*l |0M IhOU |Ml lew |w» luCM Intc OUR USA EU/D cm wwn HiMH »/ll IHBTB PBCOWtT »»1?M 2JM/U 10/11 11/11 11/11 13/11 14/11 l«/ll U/ll 11/11 SERVICE CALLS wctwt mm mi/ii i?/n w/n »/n
      620 words