The Business Times, 23 October 1991

Microfilm: NL17722
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Wednesday, October 23, 1991 75«
    9 words
  • NEWS SUMMARY
    • Article
      Four foreign brokers set up shop in S Korea
      74 1 SEOUL Four international broking firms will open branches here in the next few months to become the first foreign firms to set up shop under South Korea's stock market opening. British-owned Baring Securities and Hongkongbased Jardine Fleming will likely begin operations
      74 words
    • Article
      Yeltsin to introduce tough measures
      37 1 MOSCOW Russian President Boris Yeltsin is prepared to introduce stringent measures, including a state of emergency, to deal with the republic's economic quagmire, one of his top ministers was quoted as saying.
      37 words
    • Article
      Reprieve for Khamis
      27 1 KHAMIS HOLDINGS may get an extension for its projects on Sentosa island, the first of which is due for completion next month Page 2
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    • Article
      Budget forecast
      30 1 MALAYSIAN Finance Minister Anwar Ibrahim is likely to opt for an expansionary Budget, going for local and foreign borrowing to make up the shortfall in revenue. Page 10
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    • Article
      Hanoi's carrot
      21 1 THAI INVESTORS in Vietnam get a 10-year guarantee against nationalisation in a move designed to encourage investment Page 10
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    • Article
      Jakarta's list
      20 1 INDONESIA yesterday issued a list of 15 projects allowed to seek foreign commercial funding until early-1995. Page 10
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    • Article
      A united front
      19 1 BRITAIN, France and Germany have sought a common ground on the EC's farm reforms Page 11
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    • Article
      Are you harassed?
      20 1 WOMEN who are harassed at work are not without protection under the law in Singapore Page 15
      20 words
    • Article
      Long and short of it
      20 1 THE HEMLINE debate in the fashion world has turned into the hemline debacle. Page 19
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    • Article
      Backing its claims
      33 1 FEDERAL EXPRESS has submitted a host of information to the Advertising Standards Authority of Singapore to back the claims made in its EXPRESS freighter service advertisement Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      32 1 NEW YORK Prices on Wall Street opened lower yesterday, with the Dow Jones Index of 30 leading industrials down 1.35 points to 3,059.03 in the first five minutes of trading.
      32 words
    • Article
      Footsie lower
      38 1 WORRIES about the prospects for the ruling Conservative Party and weak economic data held back the London stock market yesterday, and share prices slipped at the outset. The FTSE 100-share index dropped 4.1 points to 2,571.6
      38 words
    • Article
      Pretty good response
      36 1 SINGAPORE Computer Systems, the first company to list its shares using a combination of Dutch-style tender system and the fixed-price method, has closed its initial public offer at least twice over-sub-scribed Page 3
      36 words
    • Article
      Inno-Pac's deadline
      42 1 INNO-PACIFIC, in a statement to the Stock Exchange of Singapore yesterday, said it set a year-end deadline to resolving its problems of its Tianjin poultry farm project and its acquisition of a stake in Hong-kong-based Lucky Man Properties Page 3
      42 words
    • Article
      New housing loan plan
      41 1 KEPPEL BANK has launched a new housing finance package. It will be the first Singapore bank to calculate interest charges on home loans monthly, based on the principal owing at the end of each month. Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 697.06 +14.46 Kuala Lumpur ....522.36 +7.37 Tokyo 24,954.66 -62.15 Hongkong 3,981.66 -17.08 Sydney 1,643.51 +11.2 Monday Change New York 3,060.38 -16.77 London 2,586.12 -15
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6940 100 Yen SS 1.2887 MS SS 0.6162 Money market rates Overnight 3 3/4 unch 3-month 4 1/8 -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS362.90 -USS0.20 Rubber S'pore Nov 142.75*/kg f0.50 M'sia Nov 228.00«/kg f 0.50 KL Tin Turnover 75 tonnes +50 Spot MS 14.93/kg +0.04 Crude palm oil Turnover 733 lots -29 Nov MS833 /tonne +2
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  • Article, Illustration
    Plan for Sentosa rail link hangs in the balance
    546 1  -  Setback for $750 m worth of projects if link is scrapped By Dawn Tan SINGAPORE The Sentosa Development Corporation (SDC) is on the verge of scrapping plans for an ambitious people-mover system (PMS) linking the mainland to Sentosa, Singapore's "Discovery Island".
    546 words
  • Article
    US likely to invest US$755m here: survey
    476 1  -  By Chuang Peck Ming SINGAPORE American investment in the Republic is likely to total US$755 million (S$ 1.27 billion) in 1991. This is much higher than an earlier estimate, says the United States Department of Commerce. The figure is based on a survey
    476 words
  • Article
    Britannia and Coke in Indian joint venture
    432 1  -  Part of S'pore operations to be shifted to India By S N Vasuki SINGAPORE In a major move, Asia's biscuit king Rajan Pillai is shifting his Britannia group's Singapore snack food export operations to India, where they will be injected into a new
    432 words
  • Article
    STII up 27 points in heavy trading
    244 1 SINGAPORE The Singapore stock market staged a long-awaited rally yesterday, spurred by foreign and local investors buying into blue-chip stocks. The Straits Times Industrials Index, which languished in the morning, advanced 26.95 points in the afternoon session and ended the day at 1,414.79,
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  • Article
    A bigger, better BT package from today
    174 1 BUSINESS TIMES is expanding. From today, the paper will devote one whole page to Bangkok and Jakarta stock prices and market reports. BT is also providing more information price-earnings ratios, lists of top rises and falls, and the most active stocks on the
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      227 1 BUSINESS TRENDS 'J e l consul a t s SINGAPORE KUALA LUMPUR JAKARTA HONG KONG SYDNEY Aircraft Schedule 31 Money Changer Rates 31 Weather 31 Commodities 30 Money Market 29 World News 11 Company News 3.4, 7 Regional News 10 For market indices editorial, Cryptic Crossword 31 Regional Stock Markets
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      Page 1 Advertisements Column 2
      265 1 Sole Auenl: Il.\N Nlielk v to (IMc')l lil A spirited move SUNTORY, a major shareholder of Singapore-listed Cerebos Pacific, is shifting its regional headquarters from Tokyo to Hongkong. Full report, Back Pg Conditional nod KHAMIS Holdings may get an extension for its Sentosa projects. But there are conditions tied to
      265 words
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      Page 1 Advertisements Column 3
      7 1 See Pages 20, 21, 22 and 25
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        PUB to spend $7m on staff training
        121 2 DEPUTY Prime Minister Lee Hsien Loong said last night that the Publie Utilities Board has budgetted some $7 million this year for staff training, up from last year's $6.4 million. Speaking at the PUB's long-serviee awards ceremony, Briga-dier-General (Res) Lee said the board
        121 words
      • Article
        Dun & Bradstreet's contract
        84 2 Dun Bradstreet's contract A LOCAL software house. Dun Bradstrect Software Services (S), has signed a contract with the Denver Water Board, Colorado's largest municipal water utility, for financial applications, tools and professional services. The contract is to provide the American utility board with financial application tools, as well as installation
        84 words
      • Article
        Computer exposition
        56 2 COMPUTER company ACA-Pacific Technology will be holding a regional exposition, "An integral edge in information technology", in Singapore, Hongkong and Kuala Lumpur next month. The event will cover the broad industrial segments for IT applications, and emerging markets for new technology such as document image processing, computer-aided design
        56 words
    • Article
      Indon capital market chief to visit S'pore
      96 2 THE chairman of Indonesia's Capital Market Advisory Agency, Dr Marzuki Usman, will visit Singapore from tomorrow to Saturday at the invitation of Ngiam Tong Dow, Permanent Secretary of the Finance Ministry's revenue division. A ministry statement said Dr Usman will call on the
      96 words
    • Article, Illustration
      Sentosa may allow extension for Khamis' projects
      662 2  -  By Sangeeta Mulchand KHAMIS HOLDINGS may get an extension for its projects on Sentosa island, the first of which is due for completion next month. If granted, it would mean that Khamis Holdings' penalty for delayed completion may not be so hefty. The
      662 words
    • Article
      Growing trend towards suburban retailing
      273 2  -  By Colin Tan RISING incomes and the higher spending power of Singaporeans coupled with the vast improvements in the infrastructure have made retailers more aware of the better business opportunities in the suburbs. This, together with the high overheads and the vulnerability of the Orchard
      273 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      102 2 is. H *fi9r j| ,j '"""■fv&■ ■I wm v -V 'm^S^r GENTLEMAN GIVE N C H Y SINGAPORE BOUTIQUE #01 12 THE PARAGON 290 ORCHARD ROAD SINGAPORE 0923 TEL *****81 CORNERS METRO MARINA METRO ORCHARD DAIMARU. GAIERIES LAFAYETTE TOKYU DEPT STORE MIDORI CLASSIC KUALA LUMPUR: BOUTIQUE G39 KL PLAZA JLN
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      Page 2 Advertisements Column 2
      125 2 /Mo/itex AAA discount on <| |v/a selected sign/ U office products by pavsoN' USA France For limited period only or till stocks run-out 06,14X6 J Flip Chart IN/OUT System Forma Signs Conference Cabinet 3 month planner Portable/Table Flip Chart Key Cabinets 30% UP OFF Davson Lectern 5750 $525 Forma signs
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  • COMPANY NEWS 1
    • Article, Illustration
      SCS share offer at least twice oversubscribed
      467 3  -  This shows investors are ready for new dual system, say analysts By Carolyn Lim SINGAPORE The share offer of Singapore Computer Systems (SCS) closed yesterday at least twice oversubscribed, indicating that investors arc ready for the dual fixed-price and Dutchstyle tender system. The
      467 words
    • Article
      Lock icon MBf seeks vesting order on Kumb assets
      195 3 MBT KUALA LUMPUR MBf Finance together with Kewangan Usahasama Makmur Bhd (Kumb) will seek a vesting order from the High Court for the transfer of kumb's assets and liabilities to MBf Finance today. Speaking to reporters after the company's extraordinary general meeting here
      MBT  -  195 words
    • Article, Illustration
      Singmarine unit delivers high-speed patrol craft to Customs Department
      167 3 SINGAPORE Singmarine Industries subsidiary Aluminium Craft yesterday delivered two high-speed patrol boats worth $2 million to the Customs and Excise Department. In a statement yesterday, Customs director Yang Cheong Hong said the two 15-metre long vessels were the most modern patrol
      167 words
    • Article
      DBS Bank shares — the mystery of the disappearing premium
      611 3  - DBS Bank shares the mystery of the disappearing premium THE HOCK LOCK SIEW COLUMN By Carolyn Lim SOMETHING strange has happened to DBS Bank shares. Up to five weeks ago, foreigners were happily forking out $1.40 more than what local investors were paying for DBS shares. Then the premium shrank
      611 words
    • Article
      Inno-Pac sets deadline to resolve problems
      421 3  -  By William Chia SINGAPORE Inno-Pacif-ic Holdings Ltd has set a year-end deadline to resolve its problems relating to a Tianjin poultry farm project and its acquisition of a substantial stake in Hongkongbased Lucky Man Properties Ltd. In a statement to the Stock Exchange of
      421 words
    • Article
      Pacific Carriers buys another vessel for US$13m
      267 3  -  By Dexter Lee State Mercantile Company for US$l2.B million ($21.6 million). The 29,692 dwt vessel will join Pacific Carrier's fleet of 19 vessels, which ply the international dry bulk trade routes, when it is delivered in January next year. This fleet is one
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    • COMPANY BRIEFS
      • Article
        KL calls for review of computer tender
        62 3 PETALING JAYA The Malaysian Finance Ministry has directed its contracts division to review the tender for Tenaga Nasional Bhd's MSSO million (5530.81 million) computerised information billing system because of alleged irregularities. Finance Minister Anwar Ibrahim said a fresh tender would be called if
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      • Article
        Oriental in M$30m venture
        36 3 KUALA LUMPUR Oriental Holdings Bhd, the local assembler and distributor for Honda cars, will venture into the manufacture of plastic motor components involving an initial capital outlay of more than Ms3o million.
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      • Article
        Parit Perak's profit plummets
        53 3 KUALA LUMPUR Parit Perak Holdings Bhd blamed its poor profit performance during the year ended June 30 on lower commodity prices which adversely affected the performance of its major associated plantation company. Pre-tax profit plunged 52.1 per cent to M$ 12.90 million from M 526.94 million
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      • Article
        Esso (M) raises retirement age
        45 3 KUALA LUMPUR Esso, one of Malaysia's biggest companies, is extending the retirement age of its employees from 55 to 60 from Jan I next year, its chairman Datuk Charles D Roxburgh said yesterday. Esso has 2,600 employees in the country.
        45 words
    • Article
      S'pore Fund seeks listing on Osaka bourse
      215 3 SINGAPORE The Singapore Fund, a closed-end company that invests primarily in Singapore equities, has applied for listing on the newlyestablished country fund market of the Osaka Securities Exchange. A statement yesterday from Daiwa Singapore said the Osaka exchange was considering trading the fund
      215 words
    • COMPANY BRIEFS
      • Article
        Reliance plans to tap foreign investors
        81 4 BOMBAY Reliance Industries Ltd, undeterred by rebuffs in a vicious takeover battle, says it plans to tap foreign investors to fund its bid to become India's dominant industrial house. "We've already applied to the government of India to be listed and traded in London
        81 words
      • Article
        Indon-Viet US$20m barter deal
        66 4 JAKARTA An Indonesian trading company will sign a US$2O million (Ss34 million) barter trade agreement with a Vietnamese firm later this week, press reports here said yesterday. PT Prima Comexindo Trading (PCT) and Vietnam's state-owned Tamexco will sign the one-year agreement in Jakarta this Friday, a
        66 words
      • Article
        Another GFW-Asahi Chem tie-up
        96 4 WELLINGTON Australasian food group Goodman Fielder Wattie Ltd said it had signed another joint venture deal with Asahi Chemical Co Ltd, with Asahi taking an equal shareholding in Wattie Prepared Foods. WPF had been part of the GFW unit Wattie Frozen Foods. Asahi's latest investment, for
        96 words
      • Article
        Samsung still S Korea's top group
        68 4 SEOUL Samsung Co remains South Korea's largest company in terms of sales, with turnover last year of US$lO.6 billion (SslB billion), the Korea Management Association said yesterday. Hyundai Corp had the second largest turnover in fiscal 1990 at US$B.4 billion, followed by Samsung Life
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    • Article
      Construction Techniques eyes S'pore jobs
      240 4  -  From Selwyn Parker in AUCKLAND CONSTRUCTION TECHNIQUES LTD, the littleknown New Zealand specialist contractor which is now 44 per cent owned by Temasek's Construction Technology Pte Ltd, expects the alliance to result in bidding for contracts to repair some of Singapore's ageing high-rise apartments. Construction
      240 words
    • Article
      NZ group seeks more trade, tie-ups in Asia
      330 4  -  By Schutz Lee SINGAPORE Aucklandbased Corporate Investments Ltd is looking to establish a greater presence in Asia by increasing trade with this high-growth region and setting up joint ventures with Asian companies. This is in line with the public company's objective of
      330 words
    • Article
      Kanebo to widen information systems business in S'pore, Asean
      259 4  -  Move part of diversification strategy From Koichi Ishiyama in TOKYO KANEBO LTD, Japan's leading spinner and cosmetics maker which is diversifying into other fields, intends to expand its information systems business in Singapore and other Asean countries. This business develops and
      259 words
    • Article
      Thai Oil, Exxon told to quit aromatics project
      383 4 BANGKOK The Thai government has requested Thai Oil Co and the USbased Exxon Chemical Eastern Inc to withdraw their participation in the country's first aromatics plant, The Nation reported over the weekend. Their equity stakes in Aromatics (Thailand) Co will be taken
      383 words
    • Article
      Lock icon Siemens says SNI bid worth at least 1.8b marks
      455 7 Reuter MUNICH Germany's Siemens says it will spend at least 1.8 billion marks (S$ 1.8 billion) to take over the outstanding 22 per cent of Siemens-Nixdorf Informationssysteme AG (SNI) shares it does not already own. Siemens yesterday said it would pay
      Reuter  -  455 words
    • Article
      Lock icon Debt reduction helps Unisys to cut losses
      274 7 Reuter BLUE BELL, Pennsylvania Unisys Corp, the thirdlargest US computer maker, said on Monday it had cut its losses in the third quarter, thanks to progress in reducing its huge debt load. The company, which has been selling off assets to pare its
      Reuter  -  274 words
    • Article
      Lock icon Lonrho considers appeal in House of Fraser case
      318 7 Reuter LONDON British conglomerate Lonrho pic said it was considering an appeal after it lost a lawsuit against a former government minister in a bitter dispute over House of Fraser, owner of Harrods luxury store. Paul Spicer, a Lonrho director, said the
      Reuter  -  318 words
    • Article
      Lock icon Time Warner posts third-quarter loss mainly due to merger debts
      420 7 Reuter NEW YORK Time Warner Inc reported a third-quar-ter loss of US$62 million (Sslos million) on Monday as massive debts incurred as part of the merger that created the media giant wiped out underlying earnings of more than US$5OO million.
      Reuter  -  420 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      84 3 Singapore Street Directory PRINTED IN FULL COLOUR FREE FOLDED SINGAPORE NEW FEATURES Area Licensing Booths MRT Stations and Routes •*|iv 11 ARV-t Entrances/Exits of MRT Stations Nl»\N _nn Vehicular entrance to Schools I .t QMV.Y $8.00 Taxi Stands PERCOPX_J 1 Published by PACIFIC TRADE PRESS PTE LTD 2 Jalan Rajah
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      122 4 fekMk ,1 tm- W K The tiny village of Sitges lies on the Spanish coast, some fifteen m miles from Barcelona. Every year, it comes alive with a week-long *£>*• thoroughfare, Calle Mayor. The street is transformed during the *IKxf v x j% celebrations, being bedecked with streamers and flower
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      Page 4 Advertisements Column 2
      90 4 The Adelphi No. 1 Coleman Street I An address of ifllllllllllll lltlife i°" C ea Office units ranging from 1,400 sq ft to 27,500 sq ft at attractive rentals. Ideal for medium and large companies as headquarters, regional centres or branch offices. Central location, with easy and convenient access to
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      150 5 BY THINKING AHEAD,WE'VE MADE WORK ENVIRONMENTS JUST AS QUIET. Quietness. A source of peace, thought and creativity. You might endowments, can help bnng them back keeps you thinking more clearly, so you stay ahead of the pack. say it's become an endangered resource. It sure can be hard to find.
      150 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      250 6 1..# i? #?*•<*.*# %y4P% nsr&*■ &mmm». ?W. £&WB $P #*'> 'J.#. f §i^§Bßj|EyytS^-? .vA *¥f*:* t r lw I 1 I p^s m \JLJ l A^^^^|hh| jgkoj$ i: mr MIMI^Br y t v%i HHHHHHI H IMIM»' v r *§glQm jflr 9 Br SOLE AGENT SERVICE CENTRE: W• L L *T
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      89 7 RAFFLES CITY CONVENTION CENTRE SINGAPORE UiyVST 4th 6lh NOVEMBER 1991 //^A leading fire equipment B iMJ B M I j 1 manufacturers and I'mVlJßlll suppliers will be exhibiting at FIRE■ ASIA 91 Exhibition, exhibition which is opening times: held in jf Jr Mon doy «h <, r 10.00 hrs lo
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      Page 7 Advertisements Column 2
      653 7 New HotLine Pocket, now with three extra features at no extra cost. hit A i,J> H■»' r fttt ajliiy m Now, and for the month of October only, the Ericsson HotLine Pocket comes in a special promotional package with three extra features a high capacity battery, a portable rapid charger
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Three foreign banks invest in Xiamen bank
        105 8 HONGKONG The Asian Development Bank, Long-Term Credit Bank of Japan Ltd and US-based Sino Finance Group Ltd have jointly taken a 25 per cent stake in Xiamen International Bank, China's only joint venture bank. The China News Service said yesterday that under a
        105 words
      • Article
        Hoare Govett hopes for a deal
        117 8 LONDON Hoare Govett, one of Britain's top corporate brokers put up for sale two weeks ago by US owner Security Pacific Corp, said it was talking to potential investors and hoped for a deal within six months. The time-scale was flexible and the broker
        117 words
      • Article
        Swiss Volksbank ups provisions
        130 8 BERNE Swiss Volksbank said it would substantially increase 1991 provisions from last year's level due to increased credit risks, in contrast to the positive trend on the operating side, "the position in the area of credit risk is unfavourable", chief executive Walter Rueegg told the bank's
        130 words
      • Article
        UK minister to discuss BCCI
        92 8 LONDON A British government minister will discuss the crisis involving the Bank of Credit and Commerce International (BCCI) during a visit to Abu Dhabi next week, officials said on Monday. Foreign Office Minister Douglas Hogg will travel to the United Arab Emirates on Oct 28
        92 words
      • Article
        Sanwa to launch UK unit trusts
        110 8 LONDON Sanwa International pic, a subsidiary of Japan's Sanwa Bank Ltd said it will launch 10 authorised unit trusts in Britain today, the first Japanese firm to enter the retail financial services market here. It also said it plans the early launch of 10
        110 words
    • Article
      Keppel Bank offers new housing finance package
      437 8  -  By Chew Eng Han SINGAPORE Keppel Bank has launched a new housing finance package in a move to capture a larger slice of the consumer loans market. Under the package, effective from today, interest will be charged on a monthly rest basis, which
      437 words
    • Article
      Chase posts net profit of US$136m for third-quarter
      466 8  -  By Magdalene Ng SINGAPORE Chase Manhattan Corporation, fighting a winning battle against heavy loan losses, turned in a straight profit for the third quarter this year US$l36 million (SS23O million) net profit compared to a loss of US$623 million in the previous
      466 words
    • Article
      Lock icon Malaysian banks act to spruce up image
      560 8 Reuter KUALA LUMPUR Malaysian banks have hired an international public relations firm to counter the growing perception among businessmen and consumers that financial deregulation means higher profits at the expense of customers. Three rounds of lending rate increases in the past six months
      Reuter  -  560 words
    • Article
      Lock icon Lloyd's syndicates broke US securities laws, suit alleges
      272 8 FT LONDON Several hundred individuals and businesses in the Lloyd's of London insurance market were cited on Monday in a writ filed in New York alleging breaches of US securities and racketeering laws. The allegations, by 64 of the insurance market's US
      FT  -  272 words
    • Article
      Lock icon Japan's Big Four fined for unfair practices
      280 8 UFI TOKYO The Japan Securities Dealers Association on Monday slapped penalties on the "Big Four" brokerage houses for engaging in unfair business practices, with the world's largest securities firm receiving the stiffest fine. Nomura Securities Co, already floundering under a month to six-week
      UFI  -  280 words
    • Article, Illustration
      Lock icon IBJ chairman quits over loan scandal
      267 8 AP TOKYO The chairman of the Industrial Bank of Japan resigned yesterday to take responsibility for the bank's dealings with an Osaka restaurateur charged with using fraud to obtain billions of dollars in loans. Chairman Kaneo Nakamura, 68, and two other executive directors of
      AP  -  267 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      101 8 RESORT WESTERN AUSTRALIA A premier golf and country resort in the picturesque Swan Valley. Choice of 1 acre (4,000 sq m) lot with golf fairway frontage Only 80 lots of Stage One remaining Freehold land 27-hole golf course, home of the Vines Classic, Western Australia's most prestigious and richest golf
      101 words
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      Page 8 Advertisements Column 2
      393 8 round you also be eligible for the Lucky Draw. Pick H of the designated coloured balls from a barrel and The lucky player who scores at the 1 Million Pl Q e ()n n; ov 26th 1991 will fantastic Porsche 911 Yes, there's $1 Million to be won if you
      393 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      98 9 2 minuted walk to Sh enton Way. 2 minuted walk to Right in the heart of the Central Business District. O In October 1992, Savu Towers will rise dramatically from historic Change Alley Two state-of-the art office towers soaring 37 storeys and 33 storeys high Grandstand views of Marina Bay
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  • THE REGION
    • NOTE BOOK
      • Article
        IMF goes easy on Manila's budget deficit
        86 10 MANILA The International Monetary Fund (IMF) has allowed the Philippines some leeway in its 1992 budget defieit because of the Mount Pinatubo eruption. Finance Secretary Jesus Estanislao said Monday. Keeping within a limit of around 36 billion pesos (552.25 billion) next year had
        86 words
      • Article
        Philippine navy to get Aussie boats
        68 10 MANILA The Philippines will acquire three Australianmade patrol boats to boost its naval force. Navy chief Rear Admiral Mariano Dumancas on Monday initialled a U*****.97 million (*****.1 million) contract with an Australian firm, Launcheston Marine Inc, for three conventional fast attack craft. The contract
        68 words
      • Article
        Human rights team in Yangon
        104 10 BANGKOK Investigators from the UN Commission on Human Rights have arrived in Yangon, the official Burmese newspaper Working People's Daily reported yesterday. The newspaper also carried the first official reference to the awarding of the Nobel Peace Prize earlier this month to Burmese opposition leader
        104 words
      • Article
        Power cuts hurting Indon firms
        65 10 JAKARTA The Federation of Indonesian Textile Industries (FITI) complained yesterday of serious power cuts and estimated that textile production could fall by 15 per cent as a result. In a press release, FITI said the power cuts, up to twice weekly for 24 hours each
        65 words
      • Article
        Jakarta acts on waste discharge
        62 10 JAKARTA Indonesian Population and Environment Minister Emil Salim has threatened to bring to court industries here which fail to install functioning waste treatment equipment by end December, the Kompas daily reported yesterday. Mr Salim said that of the 46 industries which channel their waste into
        62 words
      • Article
        NZ asset sales to go ahead
        61 10 AUCKLAND The New Zealand government is on track to sell the assets that it set out for disposal in the July budget, state-owned enterprises minister Maurice McTigue said. The budget listed the prime rate mortgages of the Housing Corporation, the government's interests in on-shore
        61 words
    • Article, Illustration
      Malaysia likely to opt for expansionary Budget: Perc
      543 10  -  Govt must fight inflation, curb soaring current account deficit By Said Abdullah SINGAPORE Malaysian Finance Minister Anwar Ibrahim, preparing his maiden Budget to present to Parliament on Nov I, faces a daunting task, says the Political and Economic Risk Consultancy (Perc). He
      543 words
    • Article
      Lock icon Six nations to help fight Indon fires
      302 10 UPI JAKARTA Six developed countries have made plans to help Indonesia fight widespread forest fires, Forestry Minister Hasjrul Harahap said on Monday. Australia, Britain, Canada, Japan, Finland and the United States are preparing to help battle the fires, which have already consumed more
      UPI  -  302 words
    • Article
      Lock icon Main points of peace accord
      561 10 Cambodian peace talks Reuter UNITED NATIONS Following are the key points in a Cambodian peace settlement to be signed in Paris today, according to a draft obtained by Reuters. UNITED NATIONS Its operation will be called the UN Transitional Authority in Cambodia (UNTAC), and reports
      Reuter  -  561 words
    • Article
      Lock icon Sihanouk embarks on last stage of journey home
      565 10 Reuter BANGKOK Prince Norodom Sihanouk, Cambodia's one-time teenage god-king, politician, prisoner and exiled guerilla chief, begins this week the last stage of a long journey home to Phnom Penh. The government Vietnam installed in Phnom Penh and that forced Prince Sihanouk to
      Reuter  -  565 words
    • Article
      Thai investors in Vietnam get 10-year guarantee
      429 10 BANGKOK Thai investment in Vietnam will be protected against nationalisation for 10 more years in the event the umbrella bilateral economic cooperation pact, signed in Hanoi last month, is terminated. According to the Bang-kok-based The Nation, the accord is designed to encourage Thai
      429 words
    • Article
      Foreign funds for 15 projects in Indonesia
      262 10 JAKARTA Indonesia yesterday issued a list of 15 projects, mostly in the petrochemical sector, allowed to seek foreign commercial funding until early 1995. The list, announced by Co-ordinating Minister of Economic Affairs Radius Prawiro after meeting President Suharto, allowed the 15 projects to
      262 words
    • Article
      Lock icon Aussie firms eye Asian environment market
      166 10 AFP SYDNEY Firms hoping to break into the market for environmental technology in Asia should support tough anti-pollution laws, a leading Australian industrialist said yesterday. Evan Rees. managing director of Australian National Industries (ANI), told a conference here that the annual market in Japan
      AFP  -  166 words
  • Page 10 Advertisements
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      225 10 TRADE MISSION FROM ITALY LIFTING AND HANDLING EQUIPMENT 30 October to 2 November 1991 Leading Italian manufacturers of 3) ITALKRANE SRI. All types of The total turnover of UST manufaclifting and handling equipment rope cranes on rail (bridge cranes, turers is around US$9OO million, of will be in Singapore to
      225 words
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      Page 10 Advertisements Column 2
      94 10 ATTENTION •O' LEVEL STUDENTS* MATRICULATE AT CANADIAN OVERSEAS COLLEGE OP SINGAPORE An Internationally recognized diploma signed by the Minister of Education (Province of Ontario. Canada) Course instruction by fully certified Canadian teachers Choice of business or science programs Canadian university applications processed by the College while studies are in progress
      94 words
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  • THE WORLD
    • Article
      Lock icon Three soften position on EC farm reform
      467 11 Britain, France and Germany seek common ground AP LUXEMBOURG Britain, France and Germany on Monday sought common ground on a reform of the European Community's troubled farm programme to bolster the trade bloc's embattled position in world trade talks. France and Germany showed
      AP  -  467 words
    • Article
      C'wealth heads pledge to uphold human rights
      334 11 HARARE Commonwealth leaders carried home from their 28th summit yesterday a commitment to democracy and human rights for all their peoples in 50 countries. In a communique closing a week-long conference, they also promised to lift trade and financial sanctions on South Africa
      334 words
    • Article, Illustration
      A back-breaking job made easy
      53 11 < NEW YORK James Derham, president of Marriott Corp's facilities management division, with the company's robotic floor scrubber. The hotel chain has deployed two of the devices, and will take delivery of 10 more by the end of the month. It is considering using them
      53 words
    • Article, Illustration
      Lock icon East European troubles prompt rethink of Western policy
      753 11 The West realises it must do more to help Reuter LONDON Two years after communism collapsed in Eastern Europe, the region is in serious trouble and the West is coming to the conclusion that it must gather the fragile young democracies there
      Reuter  -  753 words
    • Article
      Lock icon UK urged to give more support to manufacturers
      391 11 FT LONDON Some of Britain's most senior industrialists on Monday criticised its government and banks for failing to support manufacturing industry. They called for a national commitment to help sustain long-term investment in the country's manufacturing base. They criticised the Department of
      FT  -  391 words
    • WORLD WATCH
      • Article
        Indian quake: More bodies found
        73 11 UTTARKASHI. India Troops pulled more bodies from shattered villages in the Himalayan foothills of north India yesterday, taking the toll from a powerful earthquake to at least 675. officials said. They said 602 bodies had been recovered in the district of Uttarkashi, which bore the
        73 words
      • Article
        More high-tech zones for China
        104 11 BEIJING China is to press ahead with its policy of setting up special high-technology industrial zones, the English-lan-guage China Daily reported yesterday. The newspaper quoted officials of the State Science and Technology Commission as saying they were encouraged by the results of the eight high-technology
        104 words
      • Article
        Seoul trade deficit at new high
        91 11 SEOUL South Korea's customs-clcared trade deficit hit another record high of U5510.94 billion (about 5518.5 billion) from Jan I to Oct 19 against a U554.36 billion shortfall in the same period of 1990, provisional Trade Ministry figures showed. The figure has already exceeded the
        91 words
      • Article
        Woman considered for UN post
        108 11 UNITED NATIONS The UN Security Council has added five names, including a woman for the first time, to a list of candidates being considered to become secretary-general, according to the council president. A preliminary council ballot approved the woman for further consideration. The list to
        108 words
      • Article
        Freed US hostage in Damascus
        58 11 DAMASCUS American Jesse Turner, who was freed by his Lebanese abductors late Monday after nearly five years in captivity, arrived here early yesterday from Beirut. Mr Turner, 44, was abducted on Jan 24, 1987, from Beirut University College, where he lectured in computer studies, by
        58 words
      • Article
        New US-Soviet ties sought
        107 11 ATLANTA The National Association of Manufacturers (NAM) has urged Washington to negotiate treaties with the Soviet Union aimed at protecting new US investments. The NAM. at a semi-annual board meeting that concluded last Saturday, also urged Washington to repeal legislation dating to 1974 that, in effect,
        107 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      108 11 Leader, Pg 12 /^■|p|™g|j|s™^ Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD
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      Page 11 Advertisements Column 2
      220 11 BUSSI^4ESSS_riN^^S TELEPHONE: 730-5937/5902/5942 FAX: 734-498 ||B| CHASE m. is a forward-looking bank with a mission to be the most competent and competitive when it comes to handling money...ably powered by an energetic team that believes in what it does. St) we provide the climate and appropriate resources that motivate smart
      220 words
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  • Article
    New focus for C'wealth
    503 12 EDITORIAL AT HIS FIRST summit of the Commonwealth Heads of Government in Zimbabwe, Prime Minister Goh Chok Tong made a vital eeonomie piteh for freer world trade: he urged the grouping of 50 nations to muster the political will to work towards a successful conclusion to
    503 words
  • WHAT THE OTHERS SAY
    • Article
      At least they will talk
      248 12 IN ONE of the first indications that President George Bush's vision of a New World Order is capable of realisation, however tentatively, the United States has scored a major diplomatic victory in the Middle East. Israel's decision to attend the US-supported peace conference in Madrid
      248 words
    • Article
      Promoting harmony
      131 12 REDUCING cultural superiority to achieve better co-operation among East Asian economies will be- come an important agenda in the near future. At a recent Asean-Japan Cultural Seminar in Tokyo, the Minister of Information and the Arts, BrigadierGeneral George Yeo. reiterated the feelings of many Asean leaders about Japan
      131 words
    • Article
      Getting it right
      124 12 HUMAN rights criteria set by the West may not be applicable to developing countries. The African Commonwealth countries are faced with complex problems which include famine and starvation, diseases, illiteracy and conflicts between races and tribes. Neither the West's human rights criteria nor dictatorship are good prescriptions
      124 words
  • REGIONAL VIEWPOINTS
    • Article
      All should disarm
      158 12 THE chances of nuclear attack and warfare have diminished drastically in recent weeks and months. Moves by the United States, the Soviet Union and the United Nations have combined to make the world a safer place. But the spectre of atomic war still looms. The threat no
      158 words
    • Article
      Swift action needed
      190 12 SIX months ago, the first of what was to become a small series of reports appeared in this newspaper on the prospect of requiring cigarette manufacturing to put health label on the packages which they produced. Addiction to tobacco has already reached huge proportions in this country
      190 words
    • Article
      Aspirations of the 1990s
      130 12 THE onus today is on the Taiwan authorities to respond to the communist overture for discussions about a future union. Whether the ideal formula is "one country, two systems" as proposed by Deng Xiaoping or "one country, two governments" as suggested by Taiwan president Lee Teng-hui,
      130 words
  • Article, Illustration
    Lock icon Reaping the fruits of peace
    830 12  -  Prospects have never appeared better for breaking down barriers of enmity and suspicion in East Asia. Michael Richardson reports Michael Richardson IHT EAST Asia has a major opportunity to end more than four decades of Cold War conflict and build a new cooperative order that
    IHT  -  830 words
  • Page 12 Advertisements
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      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
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 DOONESBURY BY GARRY TRUDEAU SO marP tVEBEEN THEY HEARP ABOUT MY CHA6<HG\ WHAT AN HONOR- BUT DON'T START ON MB, mBUHTB D&mWWA VePKUGKAtfRS/MYMTH yOU\E U/ON TTe j WU'RE M! 160TSERJwJe LOUP MUZAK THEY WANT ME HOST CYNICAL PRIX £ON6 OUS RESUME wse t POINT or UW. TO COME TO WASHINGTON
      60 words
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  • ANALYSIS
    • Article
      Lock icon Uncle Sam may have the answer
      809 13  -  Some US economists think that the lure of the productivity fix is obscuring practical questions of improving living standards. Peter rassell reports Peter Passell NYT THOSE who pass their days fretting over the size of the trade deficit or the shape of the federal
      NYT  -  809 words
    • Article, Illustration
      Not enough Aussie hotel cake for all
      1588 13  -  Australia is the most difficult market in the Asia Pacific region. But Singapore-based companies are long-term investors willing to weather the difficulties of the Australian hotel industry, reports Florence Cnong, BT's Sydney Correspondent Florence Chong THE Australian hotel industry is in a deep
      1,588 words
    • Article
      Lock icon Pick the country, not the stock
      615 13  -  Jonathan Fuerbringer on why the top down approach to investment is a sensible one Jonathan Fuerbringer NYT IN international investments, the country an investor chooses can often be far more important than the stock he or she actually buys. The reason is that a
      NYT  -  615 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      87 13 Wide scope for excellent investment returns. Fully leased cinema complex and retail arcade in the heart of Perth's CBD retail precinct. The Hoyts Corporation has a K)+I0 year leaseback on the cinema complex with annual CPI reviews providing over 55% of ihe net income 32 arcade tenancies plus 49 car
      87 words
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  • THE LAW PAGE 1
    • Article, Illustration
      Mother did not understand mortgage document
      486 14 CASE. tion JONG CHENG V. MB MELWANI PIE LTD: High Court of the Republic of Singapore, Suit No. 1588/82. Justice Chao Hick Tin. THE plea of non est factum applies where a plaintiff does not intend to sign a document, yet does so. It
      486 words
    • Article
      Food unfit for human consumption
      387 14 PUBLIC PROSECUTOR V. TEO KWANG KIANG: Magistrates Appeal No 1 of 1989. Justice S. Rajendran. A VEGETABLE SELLER did all he thought he could to ensure he did not offer contaminated food for sale to the public. He was aware of the strict laws contained
      387 words
    • Article, Illustration
      Sexual harassment — the law in Singapore
      889 15  - Sexual harassment the law in Singapore In the light of the Clarence Thomas affair in the US, David Gabriel takes a look at how the courts treat such matters here David Gabriel Much has been said and reported about the Senate hearings into the fitness of Judge Clarence Thomas to
      889 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      133 14 •'-r 4 iW^.l^gsaE^a i^233i2sE2<sl^^^E33h^^H /JK; m< u >MS3iMi9IiVPP^ By j LH#|j# A, :..-w'^v-""''' *****1m1^^81 ■NB jk jfin iMiiii K*BHL v Kjf jHT is il jse^BE^ For more information or reservations, call your travel agent or United Airlines at 220 0711. I ,jl B\ ■r •,^■Ji^^B^//,/ JM II w4 I mVs
      133 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      39 15 'WWWVWVWVWVWWVWVWWVWWVWWWWWWVW* i I The Discerning Man's Choice. < «T77 I Q&y Creator of Prestigious Fabrics. < Available only at selected tailors. < < i Ktk|uirics: Knlvrt lkv\ 0> I'tc Ltd i -l.; UL» |;laik<> Court North Bridge Kd. Singapore 07 IS. IVI: < 4
      39 words
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      Page 15 Advertisements Column 2
      984 15 BANQUE WORMS V M Httd Office 1 Place des Degr6s Cede* 58 ***** Pans La Defense Tel (331) 49 07 50 50 Fa* (331) 49 07 59 11 Telex BWOR X 616 023 F Singapore Branch 78 Shenton Way #23 02/03 Sngapore 0207 lei *****33 Fa* (065! *****36 Tele* RS
      984 words
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  • Page 16 Advertisements
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      473 16 WE PRESENT A NEW BANK THAT BELIEVES LONG-TERM RELATIONSHIPS AREN'T ONLY FOR THE GOOD TIMES. fr' *m m V DOESN'T THAT SOUND LIKE THE BANKER YOU'VE ALWAYS BEEN LOOKING FOR? The merger between ABN Bank and Amro Bank has given their business performance in all areas. At the ABN AMRO
      473 words
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  • SPORTS
    • Article, Illustration
      Lock icon All eyes on Connors
      502 17 AFP STOCKHOLM Jimmy Connors continues to amaze his opponents. Jet-lagged after a red-eye flight from California, Connors stepped onto the tennis court to play a practice set against Stefan Edberg on Monday. The Swede wins it 6-4 after Connors, who had arrived in Stockholm only a
      AFP  -  502 words
    • Article
      Lock icon Bennett comes back to win on points
      278 17 AFP READING, England Welshman Mark Bennett, whose five-year professional career has been blighted by stage fright, found himself in the limelight on Monday. Bennett, ranked 29th in the world and one of the game's most attacking players, has generally failed to fulfil his
      AFP  -  278 words
    • SIDE LINES
      • Article
        It's really up to the weather
        158 17 NEW YORK Interest in the Evander Holyfield-Mike Tyson heavyweight title fight has not cooled, but it looks like the weather will have by the time it is held. If Tyson's trial on a charge of rape and related charges goes ahead as scheduled on
        158 words
      • Article
        Funding for C'wealth Games
        66 17 HARARE, Zimbabwe Commonwealth leaders have agreed on cash aid to ensure their four-yearly games will continue as a unifying force for the 50-nation group. The Prime Minister of Papua New Guinea, Rabbie Namaliu, said on Monday that the Commonwealth summit had adopted the report of a
        66 words
      • Article
        Arrese defeats Fleurian
        33 17 SAO PAULO Second-seeded Jordi Arrese of Spain came from behind to defeat France's Jean Fleurian 5-7, 6-3, 6-2 in the opening round of the US$l5O,OOO Philips Open tennis tournament yesterday.
        33 words
      • Article
        Moorhouse is in
        75 17 LONDON Adrian Moorhouse, who will bid to climax his magnificent career by retaining his Olympic 100 m breaststroke title next year, is one of four swimmers pre-selected by the British selectors for Barcelona. The star can begin planning for the Games along with Nick Gillingham, Mike Fibbens
        75 words
      • Article
        Stich, Edberg for Grand Slam
        69 17 NEW YORK Wimbledon champion Michael Stich of Germany and US Open champion Stefan Edberg of Sweden have agreed to play in December's US$6 million Munich Grand Slam Cup tennis tournament. Others in the chase for the sport's biggest winner's cheque of US$2 million are French
        69 words
      • Article
        Johnson pleads guilty
        52 17 TORONTO Ben Johnson, the Canadian sprinter stripped of an Olympic gold medal and a world record for steroid use, pleaded guilty in court on Monday to assaulting former team-mate Cheryl Thibedeau. Johnson, 29, was placed on 16 months' probation and ordered to perform 75 hours of community
        52 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      288 17 Pfl ''HP HMHMH BHHH ,4^ 111,,' -1 i i( 1 fftsgSHß' ■^^H A COMMANDING PERFORMANCE THAT'S CLEARLY MINDFUL OF THE ENVIRONMENT. The new XJ6 3.2 is first and foremost a technology has refined its 6-cylinder engine to near seat belts. Central locking, electric windows and A final thoughtful touch of
      288 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      257 18 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AHP ENTERTAIN WHERE TO WINE, DINE OCTOBER FEASTS This October, don't miss our weekly specials at Tien Court! 01/10 06/10: Double Boiled Superior Shark's Fin $22.00 07/10—13/10: Steamed Sultan Fish $4.00 par 100 gm. 14/10 —20/10: Braised Whole Abalone $12.00
      257 words
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      Page 18 Advertisements Column 2
      310 18 Hyatt's Extraordinary European Extravaganza For October and November, spend $80 on a single bill in any one of our restaurants or bars and you could win you a prize worth over $20,000. This includes accommodation in Hyatt Hotels in London, Montreux and Madrid, Europass tickets and tickets to Les Miserables,
      310 words
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      Page 18 Advertisements Column 3
      263 18 jijf T' jfagjfli A Sweet Temptations of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at HB.so++ per person. PLAZA HOTEL SIMGAPOBE r>lcir»Cl BeKMto«JSMiapurro7l9lH *****11 Cafe Aladd^ Octoberfest! German gourmet creations at the Cafe
      263 words
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      Page 18 Advertisements Column 4
      265 18 TU'i our prediction for you when you «ep into the Kaabah u live band* lake you down memory Lane with golden hits and evergreen* Every night is nostalgia night You'll be mewneraed Her** y* fpm 2m &srr~ Ksrmtkt S**±y* fr*m 7pm tjm. i~ ir i-mit Whero the lervtce u good.
      265 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      740 18 TELEVISION AND RADIO to nnwpr ***** A lClijllL/Cl\/iV IV/ l/Vy TT vl 7.00 AM CNN International (L). minister refuses tht protec- 330 PM Programme Summary. BBC 88.9 mtiz in VMF Band N Hirtiirtt, *00 at Nine. JJ® NaW 7.05 am, 1.30pm, 5.05pm, 1.05 am: 5 9.30 Feature Special Night of
      740 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Drama over hemlines
      979 19  -  Suzy Menkes reports on the new designer collections that were shown in Paris recently Suzy Menkes IHT The hemline debate has turned into the hemline debaele as designers try mueh too hard to make skirt lengths the issue. Although Claude Montana sent out a perfeetly judged collection,
      IHT  -  979 words
    • Article, Illustration
      Lock icon Bordeaux wine investors sober up as prices dip
      1086 19  -  David Lanchner finds out why wine speculators are now forced to drink their investment David Lanchner IHT THE DAYS of ea>y profits in the Bordeaux wine market are over, professionals say. After rising roughly threefold from 1982 to 1990, prices in 1991
      IHT  -  1,086 words
    • Article, Illustration
      Animal-lovers more charismatic
      427 19 CHATTERBOX PEOPLE who love animals are some of the finest people in the world, says actress Tippi Hedren. "There's an energy and a charisma about people who care about animals," Ms Hedren said on Saturday at a celebration of the 19th anniversary of the Wildlife Safari. "It's
      427 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      155 19 AMD ENTERTAIN *"•***■'js** <*^HN^^^69fi^E Prepared before your very own eyes, all the local favourites at the Terrace in Cafe-in-the-Park. An array of food stalls with a selection to tempt all food lovers. Available for dinner only. Mondays to Saturdays. i. jZfs. pm to I®*®® P m SslB.so+ per adult SSlO.OO+
      155 words
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      Page 19 Advertisements Column 2
      38 19 r «/j% traditional Cantonese Cuisine H 1 Best hong Kong DIAN XIN IN TOWN -X, \vv. China China Restaurant k. A Marina Bay Golf 4 Country Club M 2 6 Marina Green Singapore oioi. For Reservations Please Call22l2Bii.
      38 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market surges on buying by foreign institutions
      3295 20  -  By S N Vasuki IT WAS the most eagerly awaited rally of the year and when it actually took place, it caught many investors and brokers by surprise. Yesterday, the Singapore stock market rebounded after languishing for several weeks. There was strong buying
      3,295 words
    • Article, Illustration
      Lock icon HOT STOCK
      71 20  -  Chew Eng Han Comment THE STOCK is pushing against a long-term resistance line drawn from its peaks in first quarter 1990 and first quarter 1991. Current resistance is 55 cents with next possible targets at 65 cents and 75 cents. Weekly and daily stochastics are pointing up but
      J XT! WT DATA  -  71 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market makes surprise turnaround to close up
      4445 23 Bernama BARGAIN-HUNTING and speculative buying interests took share prices here to a firmer close on a broad front yesterday. The KLSE All-Share Emas Index at the close rose 2.01 points to 133.57 while the Composite Index firmed 7.37 points to 522.36 and the
      Bernama  -  4,445 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      772 23 BUSINESSTIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, IKohChoooHeng of Blk 402 Juroog West Street 42, #02-515, Singapore 2264, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Thong Hual Importers Exporters Privtfe Limited at PSA Gate
      772 words
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      Page 23 Advertisements Column 2
      242 23 f OFFICIAL NOTICE We. Swift Marine Pte Ltd of No. 1, Benol Road, Singapore 2262 hereby give notice that In consequence of change of ship's name we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) In respect of the ship
      242 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      428 24 Company Date Year Group Met Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) First Capital Oct 18 )un 91 $8 891 ($11,711) b5(7 2) 1(1) Sea View Oct 16 )un 91 $5.62/($5,262) 25 5(23 8) 8(8) BM! Oct 14 Jun 91 $931($773) 3063(2542) 150(150)
      428 words
    • Article
      PRELIMINARY RESULTS
      366 24 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) YTl Corpn Oct 9 Jun 91 M530 889(519.311) 138(79) 10(10 Boustead Oct 2 Jun 91 M535,810(532.503) 104(85) 15(15) SBS Oct 2 Jun 91 54,315(54.140) 101(115) 7(7) Antah Hldgs Sep 30 Jun
      366 words
    • Article
      INTERIM RESULTS
      544 24 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend ('000) TDM Oct 21 iun 91 MJ175l(J1.117L) Metroplex Oct 18 Jul 91 MJ16,678($13,323) Hexza Corpn Oct 17 Jul 91 MJ548(J1,391) MMC Oct 10 Jul 91 MS25.871 ($35,303) 20(20) Umphone Tel Oct 9 Jun 91 MSI 1.018($8.115) Sri
      544 words
    • Article
      CORPORATE DEVELOPMENTS
      829 24 Oct 21 Keppet Bank is issuing $/5m of unsecured bonds with 46m detachable warrants and another $92m in convertible unsecured loan stocks. Tibs Holdings Ltd is currently not eligible for CPF Approved Investment status Oct IS Cerebos Pacific Ltd has sold its Pizzaland assets in the Far East
      829 words
    • Article
      DIVIDENDS ANNOUNCED
      948 24 Current Ex Books Date Total for Total tor payment date dose payable the year last year Acma ScIE(l) Oct 21 Oct 31 Nov 15 5%TE 10%TE AMD8 50c 35%(b) Sep 13 Sep 27 Oct 25 3 5% 25% Ant an Hd(s 50c 6%<b) Nov 21 Dec 5 Dec
      948 words
    • Article
      RESULTS DUE
      215 24 Main Board Last FuH Year Company Penod Datt Year Net EPS Gross Net mouted endnt (cents) 4v profit last year (7000) Cerebos Interim Apr 27 Jul 91 126 200TE(a) 38.911 long Menj Interim Aug 2 Dec 91 48 50 385 Cloto Last FuH Year Company Penod Date Year
      215 words
    • Article
      APPROVED ISSUES
      47 24 Company Others Amal Steel Restricted Offer fc Sale of Angkasa Marketing Bhd shares on the basis of 50 Angkasa shares of M$1 each at MI2 50 per share for every 1.000 Amal Steef shares he*) Extate May 16 Books close May 31 Acceptance Payment NYA
      47 words
    • Article
      SCRIPLESS CONVERSION
      71 24 Conversion Special I rdg Scripiess Conversion deadline Period Trading Com pan> starts (IDP) (ST) starts H I P Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct II Minebea Dec 16 Parkway Hldgs Oct 11 Nov 7 Oct 25 Nov 7 Nov 8 Sunshine Allied Sep 2
      71 words
    • Article
      COMPANY MEETINGS
      341 24 Tanjong Tin fredging pic: EGM at The Great Eastern Hotel, Liverpool Street, London EC2M 7QN on Wednesday, Oct 23. at 10am. Petafinf Garden Bhd: EGM at the registered office. 49-B, Jalan 6/31, Petaling Garden, ***** Petaling Jaya, Selangor on Friday, Oct 25, at 10.30 am. OMB Bhd: 30th
      341 words
    • Article
      RECORD HIGHS & LOWS
      198 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 l»fh: 1333 08 3/6/91) 1»1 *****8 (3/6/91) 1991 tow: *****2 (16/1/91) tow: 1149 08 (16/1/91) 1990 high: *****3 (16/7/90) 1W0 1607 12 (27/3/90) 1990 tow: 981.07 09/11/90) 1»0 tow: 1079.50 (11/10/90) 1989 lijh: 1322 00 28/12/89) 1989 hijh: 1487 76
      198 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      879 24 k I r 2*S Sler6d Substantial Buy/ Shares Amount Shareholdings Date Holder Shareholder/Director Sell involved Before Change After Change G Securities 18/10/91 Sembawang Investments Pte ltd Temasek Holdings (Pte) ltd *S 3.700 5.346 000 23.227,600 42 230 23.223.900 42 230 G Securities 18/10/91 Post Office Savings Bank
      879 words
    • Article
      PROPOSED ISSUES
      642 24 Company Rights Issue Asia Pac Land One for two <» MJO 65 per share AKance Tedi One forone SI 00 per share Bolt or Issue of {90 978m nominal amount of 35" Redeemable Unsecured Guaranteed Bonds 1991 96 wtti *****m detachable warrants on the basis of $2 nominal
      642 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      29 24 While other forms put them to sleep, they'll stay awake for the newspaper. WE GET THEIR ATTENTION EVERYDAY. THE STRAITS TIMES CLASSIFIED a great place to advertise I I
      29 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks finish lower on profit-taking
      2384 25 UPI Reuter SHARE PRICES in Bangkok closed lower as investors reaped profits from Monday's rises, brokers said. The SET index fell 8.73 points, or 1.4 per cent, to 622.07 on a thin turnover of 1.58 billion baht, 50 million baht lower than Monday's volume. Declines
      UPI; Reuter  -  2,384 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stock prices slide further
      1080 25 Reuter THE Jakarta Stock Exchange took another plunge and its chief executive said the market was still in the grip of bearish sentiment. Its index slid 4.17 points to 230.83 on a turnover of 2.25 million shares. The exchange authorities revised Monday's index to 235 from
      Reuter  -  1,080 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
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      Page 25 Advertisements Column 2
      142 25 HOW TO yrrrPiMil wk From as little as $152 an advertisement I I 1 Aseperate tabloid section distributed with The Straits Times every Thursday in the city and -w y m adjacent districts. I 111 A concentrated area where fl l| I L 7 people live, work and spend their
      142 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close weaker but off day's lows
      2636 26 Reuter TOKYO STOCKS clawed back early losses to close only moderately weaker yesterday. Brokers said a softer bond market and profit-taking after Monday's rally took their toll on prices, but comments by Bank of Japan governor Yasashi Mieno and hopes for easier credit
      Reuter  -  2,636 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ends weaker in anaemic trade
      2514 26 Reuter CONCERN over rising property prices and expected tough government action to cool them pared Hongkong stocks and capped turnover for a second straight day yesterday. The blue-chip Hang Seng Index ended 17.08 points, or 0.4 per cent, down at 3,981.66 but kept to
      Reuter  -  2,514 words
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  • REGIONAL STOCK MARKETS
    • Taiwan stocks dip on political fears
      • Article
        TAIPEI
        539 27 TAIWAN SHARES finished 4.8 per cent lower yesterday amid fears of political chaos after the main opposition party on Monday vowed to escalate its challenge against the government, brokers said. The weighted index lost 207.91 points to end at 4,088.65. Turnover rose to NTS2I billion from NTS 13.7 billion.
        539 words
      • Article
        AUSTRALIA
        237 27 THE Australian share market yesterday closed stronger across the board as investors hoped for rate cuts in Australia and the United States. Brokers said domestic and overseas investors, especially from the US, UK and Japan, had ignored weaker offshore bourses. "There is a strong undertone in the market," said
        237 words
      • Article
        Untitled
        680 27 Australia Oct 22 A Cents VoKDO) AC Minerals 110 unch 293 ACM Gold 42 3 ***** ANZ Bank 410 4 ***** Aberfoyle 435 9 2421 Adel Stm 10 unch 6270 Advance Bank 524 2 3903 Alcan 166 unch 20 Amcor 634 4- 8 ***** AmpolEx 316 7 ***** Argo 265
        680 words
      • Article
        SEOUL
        807 27 SEOUL shares closed lower on profittaking in vigorous and heavy trading yesterday, brokers said. "Selling pressure was formidable mainly from individual investors seeking profits from yesterday's drastic rises," Ssangyong Investment and Securities broker Park Sang-ick said. Declines in overnight call rates and market yields on three-year corporate bonds showed
        807 words
      • Article
        MANILA
        511 27 SHARE PRICES in Manila slipped yes- terday after the Dow Jones index fell about 17 points overnight in New York and brokers said investors stayed on the sidelines to bid their time before re-en-tering the market. "The Dow Jones dipped last night and the market reflected that slip. These
        511 words
      • Article
        Untitled
        365 27 In local currency In S$ In L'S$ day year S day year day year Oct 21 Index change change change change change change World 414.1 -0.1 15.6 -0.5 10.2 -0 5 13.2 fEAFE 534.7 -0.1 13.7 -0.4 7.4 -0.4 10.3 Europe 427.2 -0.3 17.2 -0.2 1.5 -0.2 4.2 Pacific 869.9
        365 words
      • Article
        NEW ZEALAND
        258 27 NEW ZEALAND SHARES, again led by Fletcher Challenge, ended at their closing high for the year on healthy turnover. The NZSE-40 capital index ended about the middle of its range for the day at 1,499.36. up 2.36 points, on a turnover worth about NZ$25 million. Its high for
        258 words
      • Article
        BOMBAY
        74 27 SHARE PRICES in Bombay finished broadly lower on Monday in light, lacklustre trade, with most participants parked on the sidelines, brokers said. They said the market was unlikely to see fresh commitments ahead of Diwali the festival of lights that heralds the Hindu new year early next month. The
        74 words
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  • WORLD STOCK MARKETS
    • Dow 17 points lower in weak bond market
      • Article, Illustration
        NEW YORK
        1098 28 STOCK PRICES pulled back on Monday from Friday's record levels, with analysts citing a weak bond market, rising inflation fears and some gloomy corporate earnings. The Dow Jones Industrial Average fell 16.77 points, to 3,060.38, and the New York Stock Exchange Composite Index declined by 1.27, to 214.88.
        1,098 words
      • Article, Illustration
        LONDON
        726 28 SHARES continued to slide yesterday morning on the London stock exchange in futures-led trading linked to poor economic news and Wall Street's overnight fall. With political worries still on many traders' minds, the Footsie index of 100 leading shares lost 8.3 points to 2,567.4 in early afternoon dealings. On
        726 words
      • Article
        AMSTERDAM
        282 28 LACKING either investor interest or fresh market-moving news on Monday, Dutch shares tracked the London Stock Exchange to close a dull day easier, dealers said. Wall Street's record high on Friday was ignored from the start and shares gradually weakened throughout the day. "It's a passive market. To get
        282 words
      • Article
        FRANKFURT
        289 28 GERMAN shares ended 0.6 per cent higher in quiet trade on Monday, with a technical recovery from recent losses seen by most traders as the reason for the rise. One trader said a report from five leading economic institutes which said the economic downturn was over had helped the
        289 words
      • Article
        Untitled
        123 28 INDICES TURNOVER NEW YORK Close Pre»ioiis Oct 21 Dow Jones S&P 500 Turnover (million) 3.060.38 390.02 154.2 3.077.15 392 50 205 3 -16.77 -2.48 -51.1 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.978.2 2.586.1 386.3 1.995.5 2.601.1 5499 -17.3 -15 -163.6 FRANKFURT DAX Index 1.572.68 1.563.25 9.43 AMSTERDAM CBS
        123 words
      • Article
        MILAN
        181 28 SELLING PRESSURE surfaced near the close and knocked Italian shares below Monday's highs in thin trading volume, brokers said. "There was an attempt to push Drices higher at the opening, but it did not last very long," one broker said. The MIB All-Share Index, which was up 0.7 per
        181 words
      • Article
        ZURICH
        288 28 PROFIT-TAKING late in the session on Monday induced by a weak Wall Street opening brought Swiss shares prices down from earlier highs, traders said. The all-share SPI index eased 0.7 points to 1,091.8 while the SMI index of leading shares fell 2.8 to 1,713, compared with a day's high
        288 words
      • Article
        PARIS
        139 28 FRENCH share prices are expected to be undermined early by weakness in the French franc and bond prices, dealers said. Mounting social unrest, reflected in a rash of protests and strikes later this week, weighs on the bourse, they said. "There is nothing to give prices a lift," one
        139 words
      • Article
        STOCKHOLM
        104 28 PRICES on the Stockholm bourse closed broadly up on Monday but ofT the day's highs and dealers said they were uncertain over whether the trend would last. The rise was supported by Friday's record high levels on Wall Street and strong advances in Volvo shares. The bourse general index
        104 words
      • Article
        BRUSSELS
        227 28 BELGIAN shares closed slightly higher on Monday in directionless trading, with most blue chip share prices confined to narrow trading ranges. The Bel-20 index fell 2.22 points or 0.20 per cent to 1,101.55 on volume of 453 million francs worth of Belgian shares. Chemical group Gechem fell 7.6 per
        227 words
      • Article
        JOHANNESBURG
        453 28 BLUE-CHIP shares were again well supported on Monday after Friday's upswing, with gold shares leading the market higher on firm world bullion prices, dealers said. Sentiment continues to improve fol- lowing Friday's Commonwealth agreement to phase out sanctions against South Africa, they said, but noted gains were minimised by
        453 words
      • Article
        TORONTO
        321 28 TORONTO stocks closed mixed on Monday with blue chips ending weaker on profit-taking after six straight sessions of gains, dealers said. "The market came back about five or six points as we approached the closing minutes," one trader said. "It's just a down Monday." The TSE-300 Composite Index officially
        321 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Speculative buying sends US dollar higher against yen
      1180 29 REPORTS ASIA Tokyo: THE US dollar was higher against the yen on short-covering by speculators in late Asian trade yesterday. Short-covering boosted the dollar against the yen from the morning, after Bank of Japan (BOJ) Governor Yasushi Mieno was quoted as saying
      1,180 words
    • Article
      INTERBANK FOREX RATES
      385 29 Cross rates oa n USS SS MS Dm Yen SFr AS NZS USS 1.6940 2.7480 1.6930 130.70 0.5824 1.4830 1.2555 1.7857 SS 0.5903 1.6222 0.9994 77.1547 0.3438 0.8754 0.7411 1.0541 MS 0.3639 0.6200 0.6161 47.5619 0.2119 0.5397 0.4569 0.6498 Dm 0.5907 1.0006 1.6232 77.20 0.3440 0.8760 0.7416
      385 words
    • Article
      MONEY MARKET
      539 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 1/8 4 1/4 Overnight mode: 4ISS Bid Offer 7 days 5 5/16 5 7/16 1 month 5 1/4 5 3/8 2 months 5 3/16 5 5/16 3
      539 words
    • Article
      Lock icon NZ exchange rejects London FOX bid
      417 29 Reuter WELLINGTON A formal meeting of shareholders of the New Zealand Futures and Options Exchange Limited has unanimously rejected a takeover bid from the London Futures and Options Exchange (FOX), NZFOE said in a statement yesterday. An extraordinary general meeting of members of the
      Reuter  -  417 words
    • Article
      Lock icon More power for SEC under securities Bill
      365 29 Reuter WASHINGTON Seeking to curb abuses like the Salomon Bros bond trading scandal, lawmakers are unveiling a Bill this week that would give the Securities and Exchange Commission more power to police the government securities market. The Bill, drafted by Representative Edward Markey,
      Reuter  -  365 words
    • Article
      FINANCIAL FUTURES
      1152 29 Source Singapore International Monetary Exchange SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Dec 91 94.42 94.45 94.42 94.43 6000 ***** 3704 Mar 92 94.52 94.54 94.50 94.51 6500 ***** 5469 Jun 92 94.23 94.25 94.21 94.22 3000 6292 1481 Sep 92 93.90 93.90 93.86 93
      1,152 words
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  • COMMODITIES
    • Article
      Lock icon Malaysia slams untimely sales of tin by US
      372 30 MBT KUALA LUMPUR Malaysia has criticised the unpredictable and untimely disposals of tin from the US strategic stockpile, saying it created a very bearish and negative impact on the already weak and fragile tin market. Primary industries minister Datuk Seri Dr Lim
      MBT  -  372 words
    • Article
      Lock icon Rubber producers want early talks on price stabilisation pact
      351 30 AFP KUALA LUMPUR Producers are pressing for early renegotiation of the natural rubber price stabilisation pact at a three-day meeting of the International Natural Rubber Organisation (Inro) council which opened here on Monday, officials said. "Once a decision is made to
      AFP  -  351 words
    • Article
      China's admission into ATPC sends tin higher
      837 30 REPORTS NEWS of China joining the Association of Tin Producing Countries (ATPC) pushed the price of tin four sen higher to MS 14.93 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the market was firmer. Turnover rose to 75 tonnes
      837 words
  • Article
    PRICES
    1381 30 Rubber 0*22 MS (lit in >■!■») S cents/kg Noon Close Int I RSS Prompt 141.75/I42.75N 141.75/142.75N Inl I RSS Nov 91 142.75/143.75 142.75/143.75 Ini I RSS Dec 141.75/142.25 I4I.7VI42.25 Inl 2 RSS OP 137.75/I39.75N 137.75/139.75N Int 3 RSS OP 136.25/138.25N 136.25/138.25N Int 4 RSS OP 132.75/134 75N 132.75/134.75N Int
    1,381 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      849 30 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 LOST CERTIFICATES Th» following certificates have been reported lost mislaid or destroyed: No. ot Stock/ Name of Company CettNos In Nam of No of Shaw* Certbot Pacilc United *****299 4 Shanghai Bark (S) Nornkwa* Pie Ltd I*l.ooo Malayan Cradt United A*****36/S6 OmwSwmTm* 2011.000 A
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      Page 30 Advertisements Column 2
      20 30 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL Ask For Jennifer *****71 Noorani *****72 Veronica *****73 j The Strait* Times 1
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      Page 30 Advertisements Column 3
      15 30 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    937 31 Crty Flight ETA Flight no Abe Dhabi GA895 1235 GA974 OOOI GA886 0010 Adetaide QF81 2000 QF82 2200 J SQ227 2245 Amsterdam GA895 1235 SQ24 2200 KL837 1255 KL838 2240 Atkens 0A471 0020 0A472 2240 SQ35 1710 Auckland NZ21 1820 NZ22 7930 SQ388 2030 Bandar Sen
    937 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Holiday isle for the rich and famous
      674 31  -  LETTER FROM HAMILTON By Phil Ascough Mark twain wrote fondly of Bermuda, Bob Hope liked the plaee so much he filmed his last Christmas special there, and singer Michael Jackson recently viewed multi-million dollar properties for sale. The 35 km-long island's attraction is
      674 words
    • Article
      MONEY CHANGER RATES
      152 31 As at 3pm yesterday: Ix>cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3428 1.3543 Canadian dollar 1.4883 I.SI08 NZ dollar 0.9486 0.9869 Sterling pound 2.8949 2.9200 US dollar 1.6915 1.6958 Ixxal dollars to 100 units of foreign currency Austrian schilling 14.065 14.278
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      78 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Oct 18-24 International Boulogne- Comite Des **********0 00 2| 24 Building Riyadh. Riyadh **********8 Exhibition of Car Billancouri Expositions De Construction Saudi Arabia Exhibition Components. Spare Cedex. France Paris (v.,, S 1 Pans and Garage International Baganzola-
      78 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      57 31 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish. Find out how sellers are reaching out to buyers in
      57 words
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      Page 31 Advertisements Column 2
      74 31 Follow Pretty Faces with The irnmrnam :;>s::g:|:|jsJ:g:|>sj New 11- cr^^^^^LamTl''' vl9i<s£'~] J i took centre-stage in our Showtime section. W L I 0 p? I From today until the A- new3o-episodeTV S.ApV serial ends follow j our daily synopsis of SBC's latest production. Jg|yjffigjff i-jggjff/|' I The synopsis that J
      74 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      295 31 1 Deny that daughter and I LaJ BH are in agreement (10) 9 I 9 Nothing better than pool 10 Attend —or get the sack Hi 1 Manifestation a seaman |HT embracing Virginia (6) 15 Willing disposition to 888 Bf search for bill of exchange 17 I I 16 Small,
      295 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      197 31 Singapore Outlook: Hazy with showers over a few areas in the late afternoon. Report: Maximum temperature 32.1 Assoc humidity 61% Minimum temperature 23.6 Assoc humidity 96% Hours of sunshine 7.85 Rainfall in mm Nil Rainfall this month 33.2 Rainy days this month 4 World forecast Asia-Pacific Cond. Auckland 21/13 Showers
      197 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      13 31 ihi tc*' > x Sr— fiC' i ,rop-o 8542 A -C ASSOCIATED NEWSPAPERS LTD,
      13 words
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  • Article
    Suntory to move regional HQ from Tokyo to HK
    276 32  -  From Catherine Ong in HONGKONG SUNTORY, one of Japan's largest food and drink companies and major shareholder of Singapore-listed Cerebos Pacific, is shifting its regional headquarters from Tokyo to Hongkong. It will be the second Japanese multinational corporation to relocate to
    276 words
  • Article
    Lock icon EC, Efta agree to form world's largest common market
    328 32 AFP LUXEMBOURG The European Community (EC) and the Efta nations of northern Europe reached an historic agreement here early yesterday to form the world's largest common market. The 12 EC countries and the seven members of the European Free Trade Association
    AFP  -  328 words
  • Article
    Lock icon Japan lifts economic sanctions against S Africa
    209 32 AP TOKYO Japan lifted economic sanctions against South Africa yesterday in response to progress in the nation's efforts to abolish apartheid. Chief Cabinet Secretary Misoji Sakamoto, who announced the decision, said the sanctions to be lifted include bans on investment and imports of
    AP  -  209 words
  • Article, Illustration
    Another step towards unity
    57 32 PYONGYANG, North Korea South Korean Prime Minister Chung Won Shik (right) crossed one of the Cold War's last frontiers, entering the communist North yesterday for what he termed a new era of reconciliation between the two Koreas. The two premiers are seen here shaking hands at
    57 words
  • Article
    Lock icon Dumas cautiously optimistic on eve of Cambodia peace accord
    265 32 AFP PARIS With most of the paperwork done and the historic Cambodian peace treaty ready for signing today, French Foreign Minister Roland Dumas appeared guarded yesterday in his optimism for Cambodia's future. "What remains to be seen is what (future Cambodian
    AFP  -  265 words
  • Article
    Lock icon HSBC injects US$200m into US subsidiary
    198 32 Reuter HONGKONG HSBC Holdings pic said yesterday it had injected US$2OO million (about ***** million) into its wholly-owned US unit Marine Midland Banks Inc in the third quarter. HSBC is the holding company for Hongkong and Shanghai Banking Corp. Earlier, Marine Midland reported a
    Reuter  -  198 words
  • Article
    Lock icon S'pore firm to invest US$8m in Laos hotel
    204 32 AFP BANGKOK A Singapore company has agreed to invest US$B million (5513.5 million) to renovate a hotel in the Laotian capital of Vientiane, the official Laotian news agency reported on Monday. The report, monitored here, said DT Company Ltd of Singapore and
    AFP  -  204 words
  • Article
    Manila may let foreigners have 70pc bank stake
    433 32  -  From Sangeeta Mulchand in MANILA FOREIGN bankers may soon be able to take up majority stakes of up to 70 per cent in Philippine banks, and open branches in the country if a Bill in Congress, is passed. "It seems that Congress
    433 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      28 32 1 MORESCII —II CONGRATULATIONS On Being Voted The Top Three Brokers For Singapore &C Malaysian Research By Asiamoney 1991 SINGAPORE MALAYSIA INVESTAMATIC HONGKONG INDONESIA MALAYSIA PHILIPPINES THAILAND SINGAPORE
      28 words
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      Page 32 Advertisements Column 2
      11 32 Details of accord, Pg 10 Sihanouk's long road home, Pg 10
      11 words
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      Page 32 Advertisements Column 3
      219 32 l\/I[ZI]F=?EEEEES[IZI —II The Richness Of Leather Handmade To Perfection The new line GP 90. a harmony of IB noble materials enveloping prestigious I M> mechanisms, is inscribed in the tradition jL hk of the great classics One amongst a ■b^BI models, the GP 90 Lady illustrated unites sobriety and elegance
      219 words
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  • Shipping Times
    • Article, Illustration
      Federal Express backs up its ad claims
      390 33  -  By Dexter Lee SINGAPORE Federal Express has submitted a host of information to the Advertising Standards Authority of Singapore (Asas) to back the claims made in its EXPRESSfreighter service advertisement. The move was in response to DHL Worldwide Express' complaint to Asas that
      390 words
    • Article
      NOL and NYK to launch two joint services in Dec
      330 33 SINGAPORE Neptune Orient Lines and Nippon Yusen Kaisha are stepping up their cooperation with more joint services on the various trade routes. The partners will launch a new joint express service between the Far East and the west coast of
      330 words
    • Article
      Lock icon Philippine Airlines returns to profit in first half
      338 33 Reuter MANILA State-owned Philippine Airlines (PAL), which is scheduled for privatisation by the end of the year, said it posted net profit of 389.9 million pesos (5523.4 million) in the first six months of fiscal 1991/92 ending in March. PAL had suffered
      Reuter  -  338 words
    • Article
      INDEX TO ADVERTISERS
      1242 33 Page C ol ABC Containerline 12 I Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2
      1,242 words
    • Article
      Mitsui OSK building districentre in Port Klang
      415 33  -  By Magdalene Phang SINGAPORE Japanese carrier Mitsui OSK Lines (MOL) has started work on its first comprehensive Malaysian distribution centre which is scheduled to open in May next year. The new districentre in Port KJang will be run by Cougar Logistics (Malaysia). This
      415 words
    • Article
      Lock icon Japanese banks to exempt railway firms from rules on bond issues
      202 33 Reuter TOKYO Japanese banks will exempt privately owned railway companies from rules that serve to restrict their issue of unsecured straight bonds, banking sources said. Under current rules, companies may only borrow up to 20 per cent of their
      Reuter  -  202 words
    • NEWS SUMMARY
      • Article
        Athens holds EC-Efta talks hostage
        41 33 A DISPUTE over 2.500 Alpine trucking permits on Monday threatened to block an agreement between the European Community and the European Free Trade Association to create a free trade zone of 380 million people Page 2
        41 words
      • Article
        Australia-S Africa flights may resume
        36 33 DIRECT air links between Australia and South Africa could resume in December following the decision by Commonwealth leaders to end people-to-people sanctions, a spokesman for Qantas Airways Ltd said. Back Page
        36 words
      • Article
        GM's non-car units report drop in earnings
        42 33 THE three principal non-car subsidiaries of General Motors Corp posted an aggregate 8.6 per cent drop in earnings it was announced on Monday, mostly because of weak results at GM Hughes Electronics Corp Back Page
        42 words
      • Article
        Delta settles claims by US Air Force
        41 33 After successfully wrangling in bankruptcy court to buy most of Pan American World Airways, Delta Air Lines has cut a deal to satisfy one widely overlooked creditor the United States Air Force. Back Page
        41 words
      • Article
        Japanese minesweepers visit Subic Bay
        36 33 SIX Japanese minesweepers arrived at this US naval base early Monday after a fourmonth assignment in the Persian Gulf, the first overseas Japanese military mission since World War II Back Page
        36 words
    • Article, Illustration
      Lock icon Athens holds EC-Efta talks hostage
      614 34  -  Greece's demand for 2,500 more trucking permits from Austria threatens to block an agreement between the EC and Efla. Charles Goldsmith looks at the implications Charles Goldsmith IHT A DISPUTE over 2,500 Alpine trucking permits on Monday threatened to block an agreement between the European
      IHT  -  614 words
    • Article
      DAILY FREIGHTS
      978 34 DRY CARGO chartering on Monday was firm at the high levels reached in recent weeks but brokers noted some softening on the transatlantic single voyage grain run. They said fewer fixtures and to some extent the replacement of panamaxes by cheaper and more easily available handy vessels were
      978 words
    • Article
      THE SHIPPING GUIDE
      8104 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 for a maximum
      8,104 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        572 49 Vessel Voy No Berth Arrival Departire Marina Terminal 1 Batam Bam B99 M05 22 10/2300 Batam Sayang *****1 M05 alongside 22 10/2300 Befiasa 10/91 M01 alongside 22 10/1500 Bo Kyaw 2 05/91A M02 22 10/2359 Btm Bahagia *****1 M04 2310/2300 Garuda G19 M04 23 10/2300 Hong Hock
        572 words
      • Article
        IN MALAYSIAN PORTS
        232 49 Johoft Port Berth: 1: Gemki; 2: Tokiwa Maru Pinya; 3: Xin Heng; 4: Turid; 5: Umi No 8; 6: ml. OI jetty: Blue Sapphire, Oceama Glory. DCJ: ml. Due on Oct 22: Young Chemicarry. Nur Marina. Sincere No '5Due on Oct 23: Stolt Spirit, Howa, Ajon. Golden
        232 words
      • Article
        CONTAINER SCHEDULE
        867 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofaf/Baiance Rsits Ship Voy No Etb/Btr Period From To From ACX lade 55A 23/1000 I 22/1500 22/1659 22/1900 ACX LHy 16B 25/1600 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 ACX Lotus 18A 24/2200 2 22/1700 23/0659 23/0900 3
        867 words
    • Article
      Lock icon Australia-S Africa flights may resume in December
      260 50 Reuter SYDNEY Direct air links between Australia and South Africa could resume in December following the decision by Commonwealth leaders to end pcoplc-to-peoplc sanctions, a spokesman for Qantas Airways Ltd said yesterday. "I think the industry is expecting it as early as December
      Reuter  -  260 words
    • Article
      Lock icon Delta settles claims by US Air Force
      283 50 AP NEW YORK After successfully wrangling in bankruptcy court to buy most of Pan American World Airways, Delta Air Lines has cut a deal to satisfy one widely overlooked creditor the United States Air Force. Queuing up with bondholders, noteholders and banks, USAF
      AP  -  283 words
    • Article
      Lock icon Japanese ships visit Subic Bay
      145 50 AP SUBIC BAY, Philippines Six Japanese minesweepers arrived at this US naval base early Monday after a four-month assignment in the Persian Gulf, the first overseas Japanese military mission since World War 11. The Japanese Maritime Self-Defence Force minesweepers, led by the JDS Hayase, were
      AP  -  145 words
    • Article
      Lock icon General Motor's non-car units report drop in earnings
      536 50 NYT DETROIT The three principal non-car subsidiaries of Cicncral Motors Corp posted an aggregate 8.6 per cent drop in earnings it was announced on Monday, mostly because of weak results at GM Hughes Electronics Corp. GM's General Motors Acccptancc Corp (GMAC), Electronic
      NYT  -  536 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      26 33 Lines and services represented by Members ef the Registry of Accredited fflffeittV Shipping Ajjents, Singapore National Ship- xXjjffij/ lor advertising enquiries, contact Shipping limes lei 740-2<m/74<)-2<m
      26 words
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      Page 33 Advertisements Column 2
      254 33 TEL: 861 471 1 FAX: 862 471 1 wwm The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities,appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you everyweek, whereever YlSjPyou may be. Subscribe now. And bein touch. The
      254 words
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      Page 33 Advertisements Column 3
      28 33 Container Schedule 17 Daily Freights 2 Index to Advertisers 1 Shipping Guide 10,11 Ships in Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions 17
      28 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      191 34 UPS Parcel Has Started To Clear Customs. timmmk Before It's Cleared For Take-Off. By the time your express parcel or document takes off to its international destination, the process of customs clearance has already begun. Before it arrives, our local customs experts will know when to expect it and what
      191 words
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      Page 34 Advertisements Column 2
      69 34 The Weekly Freights report was net available at press time. WANTED Second Hand Containers We wish to purchase about 250 second hand 20ft. ISO marine dry containers. Max 10 years old, cargo worthy units fit for 24mt cargo and not requiring major repair for two years. Delivery in any lot
      69 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2580 35 OOCL (S) PTE LTD -JARDINE SHIPPING AGENCIES «I|V#A ??***** FAX 224QPQ9 \MWMW BOOKINGS TEL: *****34 320QP58 IVfmVB TEHMINAL/CfS TEI *****18 220 I* *1 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD L M PORT KHANG lEI *****18 FAX *****91 367?788 P> PENANG TEL *****4 FAX *****1 CPS TEI *****6 Dedicated to Quality
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      2111 35 TRANSPORT DIARY i Nov 8 (4am to 2pm): Inmarsat Mobile Satellite C'omnninii cations Seminar, jointly organised b\ Singapore lelccom. I Singapore Polytechnic and Inmarsat at the Singapore Poly- technic Auditorium lor registration, please contact Vinj cent Khng. Singapore lelecom at tel: 730-2660. j Nov 7-8: Seminar on the Shipper's and
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      1556 35 ■QEBlfflza TWO SAILINGS TO EUROPE LAS MAERSK V.9112 ETA 24/10/91 CARDIGAN RAY V.05G8 ETA 26/10/91 Vessel Voy ETA ETO Feeder by DESTINATIONS Merkur Delia to This week Madison Maersk 9104 29/10 0800 MRS Port CFS 28/10 2359 HRS Kelang Penang OAK LG6 HOU MEM ATL MIA CHS BAL PHL NYC
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      1072 36 Irottedam/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE 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 !|UUU 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. ALL WJTIOUNDP LA SEINE 21/144 7/11 30/11 26/11 25/11 KtUJC
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      685 36 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2805E8 28/10 12/11 14/11 20/11 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX L J BONTANG 2805E8 20/10 2/12 3/12 10/12 11/12 ALSO
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      1597 36 E3ayo«a»i& mxxm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCI HAM BSE ROT ANT FEL IHA (VIA (VIA (VIA AIG) HAM) ROT) NORTH SEA 133W 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 02/12
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      2017 37 s Maritime Holdings Ltd P&O MM STRAITS SHIPPING ■Rm A C_ J Slaiapora 10 Braaal, East Malaysia. Containers Mf 8a ,1,0h Md Voy No Kl| H Kong #Ptil S pore Alf Sou Ant Hot Mbf (MS MAt ASK 9112 19/10 71/10 20/10 24/10 01/11 10/1111/1113/11 ACCEPTS DOT SAILS CAAOtGAN BAY
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      Page 37 Advertisements Column 2
      58 37 SEACROSS Loading SIN DESTINATION MV "GREAT STAR" VOY 2 28-31 OCT DUBAI MV "GLORY STAR" VOY 6 20-25 NOV B ABBAS S'pore: Seacross Shipping Chartering Tel: *****51 Fax *****70 Tlx: ***** SECROS Dubai: World Seas Ships Agencies (Kst.) Tel *****0 Fax *****9 Tlx: ***** WSSA EM Uso Shvbroktrs lor Vofi/t
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      Page 37 Advertisements Column 3
      2886 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS wssel T voTTsp n I kuc kk stm M(isM ii I I "suj sio cosmk Mtn 1 sld "iTpt EASTERN PEARL 1 'M PT I I I COSMC PIONEER 1» 77/10 29/10 ASIAN TRADER U 2J/10 2*7l# I ORANGE MOON Tl
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      627 38 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE WSL VOV SPORE ROAM *OAM H BURG BREMEN ANTWERP SRIINUAYA 33N8 4,12 fi/1 12/1 16/1 21/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|ect lo Inducement. Alio accepting cargo to Casablanca. Port Said. Port Aleiandrla. Genoa. Trieste. ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL
      627 words
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      Page 38 Advertisements Column 2
      1313 38 HANJIN SHIPPING FOU VSL Fs»n LINE HAUL LGB OAK F0« VSL SIN LINE HAUL SAV KM NYC HANJIN HONGKONG 031E 30 10 DIRECT 18 11 21,11 HANJIN KUNSAN 067E 28 10 H NEKVOftK 0371 5/12 6/12 8/12 HANIIN ROTTERDAM 016E 411 DIRECT 25 11 27 11 FISHGUARD BA* 104N 511
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      Page 38 Advertisements Column 3
      56 38 REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANIJARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY THURSDAY OWNERS A OPERATORS OF CARGO VESSEL, TUGS A BARGES SPECIALISE IN HEAVY LIFT, PROJECT CARGOES TO ALL INDONESIA. MALAYSIA, THAILAND. PHILIPINE PORTS. OFFER OIARTERING OF OCR CARGO VESSEL. TUOS A BARGES. TEL: *****26 FAX: *****63
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      Page 38 Advertisements Column 4
      1333 38 _j T rrrrzrgT^^ Ir minr «ax r!\n Z\n *i G .i T. 091 T lM CHS »'C in mi Hf ««tM R1 SGP I lOAOMG Rf 071 23/10 24 10 20 10 30/10 1/11 4115 11 7/11 111 *****11 22 11 412S 12 gl2l/1?it*****2 20 12 22 12 1111 1
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      1533 39 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS NEPTUNELINKTEI *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 M AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 ■Wv NEPLINE SDN BHD MALAYSIA K L -(03)
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      Page 39 Advertisements Column 2
      257 39 Int. Multf-Modai Forwarder SEAFREKSHT BOOKINGS: 222 0717 B A AHFREKHT BOOKHGS: 545 4255 WBm 9J~aS wm m FAX: *****73/*****55 [ASTIRN [UROP( HI J, IMBBB gg«r» H 24/I0 TE! _r KARACHI 24/10 vSSvaiuu linn MADRAS 25/10 murioi4 97/n CHITTAGONG 26/10 BULGARIA 27/10 1 CALCUTTA 26/10 tUROPt f«£4sr™™i ANTWERP 27/10 NG BREMEN
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      Page 39 Advertisements Column 3
      245 39 KJheung-a shipping ■pfidK Korean Flag Vessels STRAITS/KOREA SERVICE K« MIT KtUUK STOK Wit OUSAfI MCHON MOI "CHOTMG LAM) V.104N 22-23/11 24-25/11 3S-31/M 0345/11 M/U *7/11 'M*OM V 1 m 30-30/10 31/IMI/U 00-07/11 12-13/11 14/11 IS/11 NO I DOMM VIION 04-04/11 01-03/11 M-11/11 15-17/11 11/11 10/11 •WSmttll* v 102* 05-00/11 07-07/11
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      Page 39 Advertisements Column 4
      1044 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 EASTBOUrC-OBCHARGHC WCSTBOUTC—LOAONC TRANSHfPCD WA ROTTERDAM wsgn »OT law |n« mc m Isw |m jcc |«h» In
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      1687 40 Si 4 9f ICR No: **********0 M) H mm AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 M UV M ill MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL SA *****00 PK *****01/5 PENANG *****0 J8 *****1 KAWASAKI KISEN KAISHA, LTD Indonesia: p.t sarana
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      Page 40 Advertisements Column 2
      1215 40 VSS PHIU-ORI€NT LIN€S PTC LTD r 1 108 Robinson Road #07-00 GMG Building Singapore 0106 T#l: *****22/*****69/*****00 Talax: RS ***** PHIU FAX: *****76/*****38 d* ay 4//?, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU AlO MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "HjP*' 30 OCT DUBAI. DAMMAN. SHARJAH. DOHA.
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      Page 41 Advertisements Column 1
      1286 41 «SS? Pff PACIFIC INTERNATIONAL LINES (PTE) LTD imm Jy iHIV P,L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I [BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EOUATOR MAS 20N 24/10 26/10 31/10 KOTA SURIA 9108 2S/10 27/10 1/11 BUNGA TERATAI 433 27/10 29/10
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      Page 41 Advertisements Column 2
      785 41 BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN B*fialder 376 25/10 16/11 15/11 Bunga Permai' 388 30/10 15/11 16/11
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      Page 41 Advertisements Column 3
      315 41 BEN ASIA CONTAINER SERVICE Sport B'hofc Pegasus Prop mj V6S9M 25 Oct 29 Oct Ingenurty VIS6N 29 Oct 2 Nov Pegasus Progress V69ON 1 No* 5 No* tntwwty VIS7W sNo* JNo* General Agents Tel: *****22 Ben Line Agencies (S) Pte Ltd F»: *****63 JORDAN EAR EAST LINE S.A. REGULAR MONTHLY
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      Page 41 Advertisements Column 4
      564 41 MA MYANMA JfttML FIVE STAR UNE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf PINYA VII7W Sid SID In Pi HP* AN VI6SW 22/25 Oct PAGAN Vl76* 29/31 Oct 2«/27 Oct THE BANK UNE (A service Of Andrew Weir Shipping) W SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY
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      524 43 1 A liedltoifd weekly. fixed da r. direct call NedllovdUnes FROm hambubb. bremerhaven, felixstowe, ROTTERDAM, LEHA VRE TO PORT KELAM6 AMD SINGAPORE 1 NEW ZEALAND/FIJI I^/9, as wio "'.o 21/10 ff/.o iJTo Km* if? uTT"" 55u ftr"" 1 R Errr 10 iru* N. Rochester/*****(g, 2/11 4/11 4/11 4/11 6/11 9/11
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      Page 43 Advertisements Column 2
      579 43 ■:iTirrj i i hi II f ScanDtitchty TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLYI PEEDEW VESSEL PKLANO PENANO OCEAN VESSEL IN ILS HAVBE(I) rOAM<2) SHAMPTOXQ) H'BLIWOM) (MM (S) I ww 22/10 20/10 17/10 15/10 a*»tu*/s7t 20/10 —'-I Stfofj N »/!o It/10 20/10 24/10 J?/!o 22/11 I 8 "/J? *5/1? j?/!S **2/U tSZtm"
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      730 44 TO AUSTRALIA/NEW ZEALAND VS. Sin Front jUcfc |s,<l lltuck [*pf |p CHAIM ANTNFRKN Hi 2VIO 31/10 //U 10/11 It/11 17/11 11/11 MMIMA I ?«1 U/ll 21/11 2*/ll 1/1? 1/12 9/1? 10/1? EUfN HUMG ?»2 1/12 »/l? 14/1? 11/1? ?«/l? ?//l? B«ussfi ?»j w/i? 21/12 Ji/i2 6/i "i?7i Tin TO USA/CANADA
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      Page 44 Advertisements Column 2
      1011 44 EXPORTS 10 HONGKONG, TAIWAN, MANILA I JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKI PEN MO SM MNL HKG KAO KEE I*o 34/ NGO *06 VESSEL VOY [SIN [PKL PEN BLN SIN AC* LIT 168 **23 10 22 10 25 10 29 10 31 10 511 611 711 AC*
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      Page 44 Advertisements Column 3
      1600 44 EU -$fj" CHINA OCEAN SHIPPING COMPANY FULL CONTAINKK IJNKK SKRVICK MALAYSIA S AGENTS SINGAPORE'S GENERAL AGENTS ADONESiA S AGENTS CHUNG CHIAO SHIPPING SON BHO COSTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA KL Til *****91/17 FAX: *****92, ***** TEL: *****00/*****33 INDONESIA MARITIME f. KLANG TEL 36X106/1 TU :HA ***** TttEX: RS
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      Page 45 Advertisements Column 1
      1041 45 SYDNEY/MELBOURNE "PIYA BHUM" V.1709 ETA 25/10/91 ACCEPTING CARGO TILL 24/10 NOON AUCKLAND "MAHSURI" V.0506 ETA 27/10/91 ACCEPTING CARGO TILL 26/10 NOON FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA ETO LOADING FOR DELI INOAH 24 10 91 25.10 91 PK BALAM LAMPUNG IAYA 26 10 91 27
      1,041 words
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      Page 45 Advertisements Column 2
      1306 45 JAKARTA BANGKOK wt m jkt mm. |wot nmrm mmnor DASA EHAM 725 to ft 26/10 HAW BHUM* 06N In Pt 23/10 S«t 28/10 AKA BHUM 114S 26/10 23/10 m m, ■"»«»■>» "■> PAS* gMM 73S 30/10 2/10 GU U BHUM OZ F 25/10 Mon 2t/10 SURABAYA BHUM# SON sun 27/10
      1,306 words
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      Page 45 Advertisements Column 3
      329 45 1 TKCR-IK VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOV SM MAA SIN TIGER STAR 176N 24-25/10 31-02/11 OS 04/11 TIGER BAY 177N 26-27/10 02-04/11 10-IS/U (Dry dock) TIGER CUFF 06CS 29-30/10 05 07/11 13-14/11 VSL VOV SMGAPORE/CALCUTT A/SMQAPORE VESSEL VOV SM CAL SIM TIGER RIVER 130CNB 27-21/10 03-07/11 13-14/11 EAGLE
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      Page 46 Advertisements Column 1
      1664 46 ffTfc. BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL ITT SIN MAHSURI 0506 21/10 6/11 VIA NPI S/ll 25/11 PROSPECT 15S 9/11 19/11 VIA NPI 21/11 «/12 MANOAMA 0508 19/11 30/11 VIA NPI 2/12 29/12 FULLY CONTAINERISED
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      Page 46 Advertisements Column 2
      899 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SINGAPORE 0108 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL [VOT ETA IICST VESSEL W SPttt f.
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      Page 46 Advertisements Column 3
      303 46 NVOCC FRATA CONTAINER LINES ARC PROUD TO OFFER OUR CONSOUDATIONS TO A WDER VARETY OF PORTS. POKH FREQUENCY/MTM ETA SM TRANSIT TM AUCKLAND 3 SALMGS 21/11 14 DAYS BANGKOK 4 SALMGS 21/10 3 MTS CALCUTTA 4 SALMGS 27/11 5 OATS CWTAGONG 4 SAAJNGS 1/11 5 OATS COLOMBO 3 SAiMGS 20/10
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      Page 47 Advertisements Column 1
      822 47 vKJk DE VAPORES T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCLSOC CARGOES TO/FROM CALLAO. MA TAR AM, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Smgapore E M*ia KARABIEVERETT 03/05 No« JOHNEVtRETT 15/16 No. 17/18 Nov SHAPIAEVERETT 26/27 No» Wr\ "EVERETT ORIENT
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      Page 47 Advertisements Column 2
      496 47 UZ3I I MEvj N.AMERICA/CARRIBEAN SERVICES wssel [voir [sin |ma»»in» km Ikst lav Intc |hf« ;np«aeus 12* 2S 10 /im calieoama 23, u 2/12 612 s, *****2 fIMELAT iU 2/11 2M CANADA 1/12 10/12 14/12 16/12 U/12 2M SINGAPORE 41E S/1I 71M lIYORNO I4E 9/12 18 12 22/12 24/12 26/12 Acctplni
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      Page 47 Advertisements Column 3
      603 47 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL PENANG P KEIANG JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP
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      Page 47 Advertisements Column 4
      489 47 Ijl PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY DERAJAT 959 In Poft 25/10 PELOPOR 1011 26/10 29/10 DERAJAT 960 29/10 01/11 PELOPOR 1012 02/11 05/11 TANTO UTAMA 201 25/10 28/10 BONTANG PACIFIC 078 24/10 27/10 TANTO UTAMA 203 02/11 05/11 BONTANG
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      Page 47 Advertisements Column 5
      389 47 SIN FA> EAST 28/10 KEELUNG/KAOHSIUNG 26/10 BANGKOK 27/10 MANILA/CEBU 26/10 JAKARTA/BELAWAN/SURABAYA 26/10 PORT KELANG/PENANG/E. Malaysia 28/10 BUSAN 25/10 TOKYO/YOKO/KOBE/NGO/OSA 28/10 HONG KONG S|N CH|NA 28/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 29/10 LDN/FLX/LVP/SOU 28/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech SIN USA/CANADA 28/10 LOS
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      Page 48 Advertisements Column 1
      787 48 wT FIL CONTAINER SERVICES PTE LTD Elk MADRAS CALCUTTA BANGKOK VSL SIN/MADRAS [~VSL SIN/CALCUTTA J fvSL SIN/BANGKOK SM UAA S*T SIN CAt SIN S* BM !*XT HVAIHti 24-24/10 31 02/11 00 OS/11 NEXT AVIUMU 25-26/10 01 06 11 11-11/11 NIKT XVXHftBU 22 Oct 26 Oct 25-28/10 01 03/11 09 10/11
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      Page 48 Advertisements Column 2
      252 48 .V&. PGSL -WORLDWIDE PANAMA GLOBE STUMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS SOUTH Santos, Rio Grande Rio De Janeiro Fortaleza AMERICA Montevideo (Uruguay). Buenos Aires (Argentina) Chile 4 Brazil all ports LCL Buenos Aires. Santos VESSEL/VOYAGE ETA SIN DESTINATION INDIAN EXPRESS 5/11/91 BUENOS AIRES V.5347 SANTOS SUN LUNG
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      Page 48 Advertisements Column 3
      576 48 Bonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND SYDNEY FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO: PORT VESSEL ETA NEXT BANGKOK CONTERM INGENUITY 28/10 3/11 JAKARTA CONTERM EDEN 30/10 «/ll PENANG CONTERM SEROJA 29/10 4/11 PORT KELANG CONTERM W BHUM 27/10 3/11 AUCKLANO CONTERM MAHSURI 25/10
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      Page 48 Advertisements Column 4
      530 48 CUJi con wnvimrmoDnfo 1 LCL/FCL SERVICE FROM I H [Hi lH m CUJI operates over 600 terminals/offices in U.SA I II flB \CUJI marrta ns over 35,000 tractors trucks. II MCWI services over 60,000 points in U.SA I jJI HglJ m CUJI otter reliable LCL/FCL services. X. General Agents: TBAA/r-rMOT
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      Page 48 Advertisements Column 5
      493 48 MANILA ETA VIGOUR PACIFIC 48NB 26/10 VIGOUR SINGAPORE 12NB 2/U BANGKOK 21 10 26 10 I BUSAN 28,10 4/11 HONGKONG 25/10 1/11 DURBAN PT LOUIS 8/1120 11 KEELUNG 29,10 5/11 USA 28/10 4/11 PT KELANG 25/10 27/10 KOBE 29,10 5/11 PIRAEUS 8/11 20 11 OSAKA 30/10 6/11 lAKARTA 25/10 27/10
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      Page 49 Advertisements Column 1
      14 49 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Times
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      235 49 "Oc vQc \Qc vCZ><= vQc vQc yQc V VAN OMMEREN CETECO GROUP V 0 TRANSPORT DIVISION U Q VAN OMMEREN AIR (S) PTE LTD A WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, X VAN OMMEREN AIR IS READY FOR TAKE-OFF. A WE HAVE VAN OMMEDEN AIR OFFICES AT THE MAJOR AIRPORTS IN
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      319 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIH 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 *****600 1700 1800 1900 2000 2100 2200 2300 W 26 22 16 1.1 08 07 07 1 1 1.7 24 29 30 28 24 1 7
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      Page 50 Advertisements Column 1
      857 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST fHDM VOY PGP PKt SB tit HMt. VOY MO LBH OAK SEA (HE HAUL VOY MO TCM/SEA PTL NAN HAJ 201 N035 14/10 15/10 17/10 H COMMANDER 29E 25/10 11/11 14/11
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      Page 50 Advertisements Column 2
      214 50 Igjgl PT. CELEBES LINES dedicated common feeder service to from INDONKSIA Vessel 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
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      Page 50 Advertisements Column 3
      566 50 CHARTPOINT Every Saturday in Business Times NOTICE M.V SUN HOPE Voy. 28 arr'd Singapore 11/10/91. Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a general survey will be held on the 24th October 1991 (Thursday) Paslr Panjang at PTIO 0900-1200 hours. No further survey will
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