The Business Times, 29 October 1991

Microfilm: NL17722
Total Pages: 78
1 78 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, October 29, 1991 75*
    9 words
  • NEWS SUMMARY
    • Article
      US agrees to pull out of Philippines in three years
      72 1 MANILA The US has agreed in principle to pull out its troops from the Philippines in three years, following Manila's rejection of a new military bases treaty with Washington, an official source said yesterday. Panels from the two countries are
      72 words
    • Article
      McDonnell Douglas seeks Asian partners
      36 1 HONGKONG The USbased aircraft maker McDonnell Douglas is seeking partners in the Asia-Pacific region to support the launching of its new MD-12 passenger planes next year, the firm said here yesterday.
      36 words
    • Article
      HDB relaxes rules
      34 1 OWNERS of HDB and HUDC (Phases 111 and IV) flats who have bought their apartments direct from the Housing and Development Board can from today invest in private properties. Page 2
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    • Article
      A bit hazy
      28 1 THE Singapore entity of Compaq is not sure how the ouster of its co-founder and president Rod Canion will affect its operations here Page 2
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    • Article
      M'sia's VCR target
      35 1 MALAYSIA, already one of the leading manufacturers of video-cassette recorders (VCRs) in the world, expects to make 10 million such recorders, worth Ms 7 billion (about 554.3 billion), next year Page 9
      35 words
    • Article
      Little danger
      46 1 SLOWING Japanese growth and a yawning trade surplus have spurred calls for measures to stimulate the economy that recall the concerns of the mid-1980s. However, there is little danger that policy-makers will re-inflate the 1980s "bubble" of soaring share and property prices Page 10
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    • Article
      No ordinary Postman
      45 1 MEET Talking Postman I a telephone system that takes down voice and messages sent by fax when you are away from your desk. Meet the man behind this Postman Charles Chian Thian Shian, founder of the company that developed it Page 15
      45 words
    • Article
      S'pore office for port?
      32 1 THE US west coast Port of Oakland, prompted by the strong increase of South-east Asian cargo traffic, is considering appointing a Singapore representative agent. Shipping Times Page I
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  • MARKETS SUMMRAY
    • Article
      Dow higher
      35 1 THE Dow Jones index of 30 leading industrials moved up 8.49 points (0.28 per cent) five minutes after trading began yesterday to 3,013.41. Last Friday, the Dow closed down 11.40 points at 3,004.92.
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    • Article
      Footsie higher
      52 1 SHARES were sharply higher in moderate trading at midday yesterday, fuelled by strong gains in the stock index futures market and bargain hunting after sharp losses last week. At 1200 GMT, the FTSE 100share index was up 32.9 points, or 1.3 per cent, at 2,547.6. Volume was 220
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    • Article
      Quiet expansion
      26 1 STOCKBROKERS are taking advantage of the recent quiet months in the securities market to expand their retail network by recruiting more remisiers Page 3
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    • Article
      Keppel group in deal
      39 1 KEPPEL Corporation Ltd and several of its subsidiaries have invested $5 million in a 20 per cent stake in Arab Heavy Industries Ltd, a shiprepair and fabrication yard in the United Arab Emirates Page 3
      39 words
    • Article
      Move sabotaged
      28 1 AN ATTEMPT by Hongkong's leading merchant banks to issue a joint submission against Jardine Matheson's proposals to obtain exempt listing status has been sabotaged Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 690.51 -2.85 Kuala Lumpur ....535.43 +4.99 Tokyo 24,901.72 -4.71 Hongkong 3,988.60 +16.7 Sydney 1,642.8 +1.1 Friday Change New York 3,004.92 -11.4 London 2,514.7 -13.6
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    • Article
      CURRENCIES
      24 1 Exchange rates USS ss 1.7010 100 Yen SS 1.2853 MS SS 0.6167 Money market rates Overnight 3 9/16 -1/16 3-month 3 15/16% -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS359.50 -USS2.50 Rubber S'pore Nov 140.50*/kg -0.50 M'sia Nov 226.50«/kg -0.50 KL Tin Turnover 55 tonnes +30 Spot MS 14.84 /kg +0.03 Crado palm oil Turnover 1,838 lots +1,414 Dec MS858 /tonne +13
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  • Article, Illustration
    Orchard Rd MRT site to be put up for tender
    441 1  -  It will kick off latest URA land sale exercise By Lilian Ang SINGAPORE The muchcoveted Orchard Road MRT site will be put up for tender this Thursday, kicking off the government's latest land sale exercise which will see 11 plots
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  • Article
    Greenback up against S'pore dollar and major currencies
    209 1 SINGAPORE The greenback rose against the Singapore dollar and major currencies yesterday, boosted by expectations that US third quarter GNP figures to be released tonight will show a pick-up of 3.5 per cent. Forecasts for the GNP figure were raised after US
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  • Article, Illustration
    Let the sake flow
    64 1 BATAM At Sumitomo's lavish opening ceremony here yesterday, Indonesian Junior Minister of Industry Tunky Ari»ibowo (left), Singapore's Deputy Prime Minister BrSerikneral Lee Hsien Loong (second from left), Indonesian State Mimsterfor Research and Technology Dr B J Habibie (fourth from left) and Sumitomo officials did the honours
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  • Article
    Lock icon No high hopes as Arabs and Israelis come together
    297 1 The Middle East peace conference Reuters AP MADRID American and Soviet leaders set expectations low, as Arabs and Israelis began gathering in Madrid yesterday for a historic conference aimed at ending 43 years of conflict that made the Middle East a
    Reuters; AP  -  297 words
  • Article
    Investing '91
    153 1 ONLY THE BEST is good enough for Business Times readers. Last week, we expanded our coverage of regional stock markets. And from this week, we'll be bringing you two more pages of local, regional and international news. But today we bring you something extra special a 28-page colour
    153 words
  • Article
    Total trade figures heading for new record this year
    414 1  -  By Schutz Lee SINGAPORE The Republic's total trade amounted to $163.8 billion for the first nine months of this year, up 10.9 per cent from the same period last year and just $41.2 billion short of 1990's grand total. In fact,
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      243 1 Nikon The World's Finest Photographic System. Aircraft Schedule —31 Money Market 29 Weather 31 Commodities 30 Regional News 9 World News 10 Company News 3,4,6 Regional Stock Markets 28 For market indices, editorial, Oypbc Crossword 31 SES 21-23 advertising and circulation ex Editorial 12 Share Information 24 tensions, cal Business
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      Page 1 Advertisements Column 2
      10 1 Will talks end in a breakthrough or deadlock? PR 10
      10 words
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      Page 1 Advertisements Column 3
      277 1 Nikon The World's Finest Photographic System. Japan's next leader KIICHI MIYAZAWA was born to be a politician, his father and grandfather having both served in the Japanese government. The 72-year-old leader of Japan's ruling Liberal Democratic Party has paid his political dues serving in seven Cabinets, holding practically every major
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        One-touch link between Singapore and China
        73 2 TRAVELLERS in China can now call the Singapore Telecom international operator directly to reach a telephone number in Singapore. Callers will simply have to press the button with the SingaporeDlßECT logo on specially-designed telephones located in hotels in Beijing, Shanghai, Guangzhou, Tianjin, Fuzhou, Xiamen
        73 words
      • Article
        HP lands $400,000 deal
        52 2 lEMASEK POLYTECHNIC has awarded a $400,000 contract to computer maker Hewlett-Packard Singapore (Sales). The contract covers the installation of a computer for the administrative department and the building of a campus-wide network. The network, called TPNet, will link the polytechnic's two campuses in Grange Road and
        52 words
      • Article
        Philippine general visits Dr Yeo
        52 2 THE COMMANDING GENERAL of the Philippines Air Force, Major-General Loven Abadia. called on Singapore's Defence Minister Dr Yeo Ning Hong yesterday at Mindef. Maj-Gen Abadia arrived in Singapore on Sunday for a fourday official visit at the invitation of Singapore's Chief of Air Force, Brigadier-General
        52 words
      • Article
        Corrections and clarifications
        50 2 IN A STORY entitled "Batam shaping up as production centre" in yesterday's BT, the picture used was that of Mr M S Leow, manufacturing manager of Thomson Consumer Electronics, and not that of Mr S B Leow, executive director of Singatronics. We are sorry for the error.
        50 words
    • Article
      Boon Heng to open exhibition on wood, tool industries
      286 2 MACHINEASIA/Woodmacasia9l will be opened this morning by Senior Minister of State for Trade and Industry Lim Boon Heng at the World Trade Centre. The exhibition, which caters for those in the woodworking, timber and the machine tool industries, covers about 21,000
      286 words
    • Article
      More HDB, HUDC owners can buy private properties
      337 2  -  Positive impact on private market expected By Colin Tan OWNERS of HDB and HUDC (Phases 111 and IV) flats who have bought their apartments directly from the Housing and Development Board can from today invest in private properties. However, flat owners must
      337 words
    • Article
      Tanjong Pagar shophouse attracts $3.03m bid
      328 2 TWENTY-EIGHT of the last 110 shophouses up for sale in the Tanjong Pagar Conservation Area have attracted bids as high as $3.03 million. The 28 shophouses, parcelled into 23 lots, arc situated in Tanjong Pagar Road, close to Tanjong Pagar MRT station and Shenton
      328 words
    • Article, Illustration
      Compaq's S'pore unit unsure how founder's ouster will affect branch
      319 2  -  By Joseph Rajendran THE SINGAPORE entity of US personal computer manufacturer Compaq is not sure how the ouster of its cofounder and president Rod Canion over the weekend will affect its operations here. Lim Soon Hock, managing director of Singaporebased
      319 words
    • Article
      Hilton offers new service to woo Japanese
      268 2  -  By Sylvia Wong THE SINGAPORE Hilton has launched a "home away from home" service to capture a greater slice of the Japanese tourist market. Under the "Wa No Kutsurogi" campaign which means "comfort and service the Japanese way" the hotel has set aside
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      135 2 Very proudfor being thefirst Thai- v v owned hotel to receive the prestigious f -> recognition of uncompromising stanv Very gratifying to be recognized mjn runner-up in Executive Travel magaz*ne s 1991 Hotel of the Year Awards appropriate to be named at j- awards'ceremony in London's legendary Jjp m Dorchester
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  • COMPANY NEWS 1
    • Article
      Stockbrokers recruiting more remisiers
      537 3  -  Securities firms expand retail networks in slow market By Magdalene Ng SINGAPORE Stockbrokers are taking advantage of the recent quiet months in the securities market to expand their retail network by recruiting more remisiers. Industry sources said that UOB Securities Pte Ltd, OCBC Securities Pte Ltd
      537 words
    • Article
      L&M pays $130,000 for 65pc stake in construction firm MCL
      274 3  -  By Carolyn Lim SINGAPORE Listed-con-struction firm L&M Group has acquired a 65 per cent stake in Hongkong-incorpo-rated Metrobilt Construction Ltd (MCL), a former construction subsidiary of retailer Metro Holdings Ltd. L&M bought the 65 per cent stake from K W
      274 words
    • Article
      Scotts aims to penetrate deeper into the regional markets
      243 3 SINGAPORE Scotts Holdings, which made a lacklustre debut in mid-Septem-ber, is keeping a "vigilant watch for opportunities to further penetrate" the regional markets. This was disclosed by the chairman of the propertybased group, Mr A R Jumabhoy, in its annual report,
      243 words
    • Article
      Lock icon Petronas buys stakes in two Chinese oil blocks
      237 3 Reuter KUALA LUMPUR Malaysia's national oil firm Petronas has, for the first time, acquired stakes in two oil exploration blocks in China, a company official said yesterday. Petronas Carigali Overseas Sdn Bhd, a Petronas unit, bought stakes of 20 per cent and
      Reuter  -  237 words
    • Article
      Lock icon Japanese utility firms to buy M'sian LNG for 20 years
      279 3 Bernama KUALA LUMPUR Four Japanese utility companies, Tokyo Gas Co Ltd, Osaka Gas Co Ltd, the Kansai Electric Power Co Inc and Toho Gas Co Ltd, have signed a confirmation of intent (COI) to purchase liquefied natural gas from Malaysia
      Bernama  -  279 words
    • Article
      Is Inno-Pac accident-prone or just plain unlucky?
      580 3  -  "THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE Shareholders of InnoPacific Holdings can hardly be blamed for wondering why their company seems so accident-prone these days. Inno-Pac, which was reprimanded by the Stock Exchange of Singapore last July for making an inaccurate
      580 words
    • Article, Illustration
      Keppel, subsidiaries take 20pc stake in UAE shipyard
      300 3  -  By Dexter Lee SINGAPORE Keppel Corporation Ltd and several of its subsidiaries have invested $5 million in a 20 per cent stake in Arab Heavy Industries Ltd, a shiprepair and fabrication yard in the United Arab Emirates. The subsidiaries are Far East
      300 words
    • COMPANY BRIEFS
      • Article
        KZ Investment now owns 8.38pc of PacCan
        98 3 SINGAPORE Pacific Can Investment Holdings Ltd saw some changes among its shareholders last Thursday. KZ Investments Pte Ltd bought 3.23 million shares in the company for 553.06 million or about 95 cents each, raising its interest from 3.69 per cent to 8.38 per
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      • Article
        George Kent interim earnings up
        86 3 SINGAPORE George Kent (Malaysia) Bhd's group net earnings in the six months ended July 31 rose 29 per cent to MS3.I million (Ssl.9 million) on a 36 per cent rise in turnover to M 552.85 million from a year earlier. Group pre-tax profit grew at
        86 words
      • Article
        AIS net earnings almost tripled
        102 3 SINGAPORE Amalgamated Industrial Steel Bhd almost tripled its group net earnings to M$ 11.49 million (Ss7.o million) for the year ended June 30 as a result of better profit margins. Group pre-tax profit rose 166 per cent to M$ 17.27 million. Turnover, however, slipped to
        102 words
      • Article
        Firm reduces Pac Carriers stake
        42 3 SINGAPORE Natalon Company Ltd, a substantial shareholder of Pacific Carriers Ltd, last Friday sold 100,000 shares in Pacific Carriers for S$ 184,000, or 551.84 apiece. Natalon thus reduced its stake in Pacific Carriers to 25.22 per cent.
        42 words
      • Article
        SAe director buys SCS shares
        48 3 SINGAPORE Singapore Aerospace Ltd director Quek Poh Huat yesterday bought 10,000 shares in sister company Singapore Computer Systems Ltd for 556,000, or 60 cents each. SCS shares are expected to be listed on the local stock exchange in the next week or two.
        48 words
      • Article
        UOI director raises holdings
        33 3 SINGAPORE United Overseas Insurance Ltd managing director Hwang Soo Jin last Thursday bought 3,000 shares in the firm for 557,200. or 552.40 each, raising his holdings to 13,000 shares.
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    • COMPANY BRIEFS
      • Article
        Indonesia orders 325,000 tonnes of Thai rice
        98 4 BANGKOK Drought-hit Indonesia has ordered 325,000 tonnes of rice from Thailand's Soon Hua Seng Co Ltd for delivery between late November and May. A Soon Hua Seng executive said the big order followed recent decisions by Indonesia to import about 50,000 tonnes from
        98 words
      • Article
        Sony, German firm in VTR tie-up
        56 4 TOKYO Sony Corp and Broadcast Television Systems of Germany have agreed to jointly develop, produce and sell professional-use digital component videotape recorder (VTR) decks for the European market, Sony said in a statement. The companies are aiming to introduce the VTRs, suitable for European
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      • Article
        News Corp plans to raise US$1b
        101 4 LONDON Australian-based media and publishing group News Corp Ltd plans to raise almost US$l billion (S$ 1.7 billion) of new capital accord to American bank sources. The Sunday Telegraph newspaper said that advisers of the group, headed by Rupert Murdoch, are working on plans
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      • Article
        JVC supplying VTRs to Thomson
        70 4 m. M. %> TOKYO Victor Co of Japan Ltd (JVC) has started supplying videotape recorder decks to Thomson Consumer Electronics SA of France that are suitable for wide-screen television sets. A JVC spokeswoman said they will be sold under Thomson's brand name. JVC started supplying
        70 words
      • Article
        Petrocorp sues oil-refining firm
        106 4 WELLINGTON New Zealand's Petrocorp Exploration Ltd, a unit of Fletcher Challenge Ltd, has filed a NZ$9O million (5584.6 million) suit for damages against a refining company, which is partly owned by itself and four major oil companies. A court official at the Whangarei High Court said
        106 words
    • Article
      HK banks' move against Jardine sabotaged
      327 4 HONGKONG An attempt by Hongkong's leading merchant banks to issue a joint submission against Jardine Matheson's proposals to obtain exempt listing status has been sabotaged, the SunJay Morning Post reported. Twelve merchant banks had agreed to sign the document after a meeting on Oct
      327 words
    • Article, Illustration
      Lock icon GFW sees modest rise in year-end profit
      248 4 Reuter SYDNEY Food group Goodman Fielder Wattie Ltd said it expects a modest lift in profits in the year to June 1992, despite relatively flat sales. Chairman Pat Goodman and chief executive Michael Nugent said the company's emphasis would be on further reducing
      Reuter  -  248 words
    • Article
      Lock icon French Cogema, MIM discuss Pancon buyout
      177 4 Reuter SYDNEY France's Cogema and miner MIM Holdings Ltd have discussed a possible buyout of diversified resources group Pancontinental Mining Ltd, the Australian Financial Review newspaper said. The newspaper said as a result of the talks in September, Cogema Pancontinental's largest shareholder with a
      Reuter  -  177 words
    • Article
      Lock icon Hyundai faces biggest tax penalty in Seoul
      294 4 Group told to pay S$ 192 m: report Reuter SEOUL South Korea's Hyundai group faces the largest tax penalty ever levied here, the influential newspaper Dong-A Ilbo reported. The Office of National Tax Administration (ONTA), which combed through the company's affairs in what
      Reuter  -  294 words
    • Article
      Fines imposed on US-based firm Everex halved
      226 4  -  By Claire Leow SINGAPORE Californiabased computer hardware manufacturer Everex Systems says fines imposed on it for the alleged violation of export restrictions have been more than halved. And the company has confirmed that the Asian subsidiary against which part of the fine was
      226 words
    • Article
      Lock icon Packer seen as unlikely to control Fairfax
      430 4 Reuter SYDNEY Australian businessman Kerry Packer would have no control over the debt-ridden Fairfax media empire, if his consortium with Canadian Conrad Black bought the company, a member of the consortium's board said. Sir Lawrence Street, former Chief Justice of New South Wales,
      Reuter  -  430 words
    • Article
      Lock icon Boost for Tokyo OTC market
      473 4 MARKET TALK Major impact likely in 1-2 years from switch to computerised trading Reuter TOKYO Japan's over-the-counter (OTC) stock market should get a gradual but significant boost from its switch to computerised trading, analysts say. The Japan Securities Dealers Association Quotation System, or Jasdaq, modelled
      Reuter  -  473 words
    • Article
      Lock icon Swedish group Nobel gets nod for new issue
      304 6 EGM decision follows liquidity crisis in unit Reuter STOCKHOLM Shareholders in Swedish arms and chemical group Nobel Industrier approved on Friday a 4.9 billion crown (551.34 billion) issue of ordinary and preference shares to shore up Nobel's capital. The decision at an
      Reuter  -  304 words
    • Article
      Lock icon Daimler may make share issue
      127 6 Reuter PARIS Diversified car maker Daimler-Ben/ AG, Germany's largest firm, is considering an equity issue of about two billion marks (551.99 billion) in 1992, finance director Gerhard Liener was quoted as saying by the French daily newspaper L'Agefi which interviewed him in connection with Daimler's
      Reuter  -  127 words
    • Article
      Lock icon Heinz to cut work force worldwide
      274 6 Reuter DUBLIN H J Heinz is to make significant cuts in its worldwide work force of 40.000 but is still on target in its earnings forecasts for this year, chairman Tony O'Reilly said on Sunday. He said the food product company, famed for its
      Reuter  -  274 words
    • Article
      Lock icon Kodak incurs US$118m loss in third quarter
      285 6 Reuter ROCHESTER, New York Film and photographic products group Eastman Kodak Co said yesterday it had slashed third-quarter losses to US$llB million (SS2OO million) from US$2O6 million in the same period of 1990. The third quarter figures took net profits for the first
      Reuter  -  285 words
    • Article, Illustration
      Lock icon Sears' actions will boost shareholders' powers: experts
      358 6 NYT CHICAGO Sears, Roebuck Co, moving to make its corporate governance appear more responsive to shareholders, announced a series of measures on Friday that some experts said would indeed give investors greater say in how the troubled retailing and financial services giant is
      NYT  -  358 words
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      Page 3 Advertisements Column 1
      281 3 I The MOST comprehensive digest directory for 1 I the business traveller. I ENLARGED UPDATEO 2nd EDITION HUNDREDS OF NEW BUSINESS CONTACTS USSI7 or HKSI32 incl. post i packaging (Payable to This is Vietnam.; AJHEX accaptod Address This is Vietnam. #38. 3 South Bay Ctose, Hong Kong. Fax ordoro: (852)
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      300 4 215.3 ACRES (87.14 Ha) approx Auction Wednesday November 27, 3pm on site. Two lots to be offered separately. Close to CBD (12 km.) with direct access to the city via the Westgate Freeway. The sites adjoin the recently announced major Toyota Development. Other neighbouring companies include Westgate Transport, 8.A.5.F., Commercial
      300 words
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      395 5 as fx B^B^Bm^k 1 i '< B B tH|Hwnr I I "'"'■HIHI S I 1 L >19 t;..--.".r;-c UHVU I r 9 D^Hj^k ImA n w I *i7*i:« tl&flBfrl 11 MfmiMifckW.'i M' «jaH P*? :i B^^^Hlv ygn* A| JL wVl M 1 I I 1 fl IHIB I:hW^E^^p- :^-Et.... 1
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  • Page 6 Advertisements
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      339 6 MAKE THE OF THE FUTURE. *M^f«WiHl THE FUTURE OF BUSINESS BEGINS HERE. WHEN 7;l^f|4_\^|^^^^l^WigMJliflML^aK COMPLETED IN MID-1992. ALEXANDRA POINT WILL BE AMONG J. y THE FIRST OFFICE BUILDINGS IN SINGAPORE TO INCORPORATE INTELLIGENT FEATURES AND FIRST-CLASS SERVICES TOGETHER WITH ITS TWO PROPOSED INDUSTRIAL BLOCKS. I k BBH| YOU WILL BE
      339 words
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      Page 6 Advertisements Column 2
      37 6 I in iwn/ed/tfe fafo I 7/ie/z*UMe an// e n/e tet/ I /tfe I (Pfieong bailors I (Established 1933) 1 Lower Lobby, Shangri-La Hotel, Tel: *****92 I #03-09, Westin Pla/a, Raffles City. Tel: *****19 Fax: 65-*****44 r 4
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  • FINANCIAL NEWS
    • Article
      Lock icon World capital markets headed for recovery: OECD
      575 7 AFP PARIS International capital markets appear firmly set for recovery after suffering their first significant setback in a decade last year, the Organisation for Economic Cooperation and Development (OECD) said in a report released here on Sunday. It said overall borrowing during the
      AFP  -  575 words
    • Article
      Lock icon HK court agrees to delay BCCHK liquidation
      207 7 The BCCI collapse AFP HONGKONG The High Court yesterday gave the liquidator of the Bank of Credit and Commerce Hongkong (BCCHK) up to six more weeks to decide whether to sell the bank to Hongkong Chinese Bank or to liquidate it. Registrar-General Noel
      AFP  -  207 words
    • Article
      Lock icon Salomon chief sees clients returning despite scandal
      430 7 Reuter NEW YORK Clients shocked 11 weeks ago by Salomon Brothers' revelations of a US treasury auction bidding scandal are coming back to the firm, which now seeks to repair the damage and move ahead. Deryck Maughan, chief operating officer of Salomon Brothers,
      Reuter  -  430 words
    • Article, Illustration
      Lock icon Drexel plans to rise from bankruptcy as small firm
      412 7 Reuter NEW YORK The oncemighty Drexel Burnham Lambert group plans to emerge from bankruptcy next year as a small company called Newco, with about 20 employees. Drexel, previously a high-powered Wall Street investment banking firm, had about 5,700 employees when it
      Reuter  -  412 words
    • SMALLCHANGE
      • Article
        Pakistan withdraws offer to sell state bank
        85 7 LAHORE, Pakistan The Pakistan government has decided to retain one of three state-run commercial banks it offered last week for sale to the highest bidders. Finance Minister Sartaj Aziz said on Sunday: "We have reconsidered the offer and we are taking out the
        85 words
      • Article
        Two Norwegian banks rescued
        59 7 OSLO Two crisis-hit regional Norwegian savings banks have won a state-backed rescue package of 1.1 billion crowns (SS2BI million) to prop up their capital. The fivebillion crown Government Bank Insurance Fund and the Savings Banks Guarantee Fund, owned by the savings banks, said they were giving
        59 words
      • Article
        Milan brokers facing hard times
        51 7 MILAN Italian stockbrokers are watching for more casualties after the suspension of a prominent Milan broker for allegedly mismanaging client portfolios. Share analysts and brokers said the suspension of Claudio Capelli highlighted the squeeze facing operators in a market hit by dwindling business and fierce
        51 words
      • Article
        Sydney to list FLI contracts
        63 7 SYDNEY The Sydney Futures Exchange (SFE) said yesterday that it would list its Fifty Leaders Index (FLI) futures and options contracts on Jan 29, 1992. The FLI contracts are based on the Australian Stock Exchange's Fifty Leaders Share Price Index, the leading blue-chip stocks, representing
        63 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      260 8 (What leading industry consultants are saying about NCR's System 3000J ■■The technology and the product strategy are brilliant Even if NCR delivers only half what it promises, it warrants the serious attention of every OIS Planner. We applaud NCR for swinging for the home run. R Gartner Group The right
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  • THE REGION
    • Article
      Lock icon KL expects to make 10m VCRs next year
      378 9 MBT KUALA LUMPUR Malaysia, already one of the leading manufacturers of vi-deo-cassette recorders (VCRs) in the world, expects to make 10 million such recorders, worth Ms 7 billion (about 554.3 billion), next year. Philips and JVC Video Malaysia (PJVM) managing director Ryosuke
      MBT  -  378 words
    • Article
      Loans to plantations in Indonesia may be stalled
      324 9 JAKARTA Most stateowned banks in Indonesia are likely to delay their loan disbursements for large-scale plantation projects established by private domestic companies or under the nucleus estate and smallholder (PIR) scheme, according to a report in the Jakarta Post. Director-general of Cash
      324 words
    • Article, Illustration
      Gringo talking coup, again
      46 9 MANILA Cashiered Colonel Gregorio 'Gringo' Honasan talking to a group of newspaper and television journalists during a clandestine meeting somewhere in the capital on Sunday. Honasan warned he could launch a fresh coup if the Philippine government ignored demands for political reform.
      46 words
    • Article
      Lock icon Japanese tourists big spenders in Australia
      195 9 Reuter CANBERRA Japanese tourists are big spenders in Australia and more are coming every year but they do not stay as long as other visitors. According to the government Bureau of Tourism Research, about 22 per cent of the tourists who visited Australia in
      Reuter  -  195 words
    • Article
      Lock icon Johor state company on expansion trail
      280 9 MBT KUALA LUMPUR The Johor State Economic Development Corp (JSEDC) will continue its expansion programmes and a total of Mss billion (about Ss3 billion) in mainly capital expenditure has been planned for the next five years. The chief executive of the Johor State Economic
      MBT  -  280 words
    • NOTEBOOK
      • Article
        S Korean construction picks up in S-E Asia
        103 9 SEOUL Medium and small construction orders from South-east and South Asia have surpassed orders from the Middle East this year for the first time since South Korean companies began moving into the Mid-East, according to an industry official. From January through Oct
        103 words
      • Article
        Evans nominated for Nobel
        85 9 SYDNEY Australian Foreign Minister Gareth Evans has been nominated for the Nobel Peace Prize for his key role in developing the Cambodian peace plan. The nomination, by New York Democrat congressman Stephen Solarz, followed the signing in Paris last week of the agreement based on Mr
        85 words
      • Article
        Aussie plea for poppy farmers
        88 9 CANBERRA Australia urged the US yesterday to relax its import rules to allow opium poppy farmers a greater share of the legal drugs market. Justice Minister Michael Tate made the plea on behalf of 660 farmers and the US$3O million (about Ssso million) industry in
        88 words
      • Article
        Path to Korean-Indochinese ties
        108 9 BANGKOK It is up to South Korea to name the date to establish diplomatic ties with Vietnam, Laos and Cambodia, according to Park Chul Un, Korea's Sports and Youth Minister. Mr Park said that foreign ministry officials would decide on the date, but claimed ranking government
        108 words
      • Article
        UN will mediate on stalled visit
        118 9 JAKARTA Indonesia said yesterday that the UN would mediate between Jakarta and Lisbon in a row over a visit to East Timor by Portuguese legislators, which had been suspended following a row over an Australian journalist. Portuguese House Speaker Vitor Crespo last Saturday announced
        118 words
      • Article
        Visit to Aung San turned down
        102 9 BANGKOK Myanmar's military junta refused to let a UN human rights investigator visit detained Nobel laureate Aung San Suu Kyi, but let him go to a prison where many of her supporters were held, diplomats said yesterday. Japanese university professor Yozo Yokota went to
        102 words
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      193 9 THE GLOBE BUILT TO CRITICAL STANDARDS WHERE QUALITY OF DESIGN IS HM' THl D s| rE r RM '^o NG FACTOR Developer mo- (B s,wf j t 5 V*° wT. Jethanand Kealt\ (S> Pie I .Id STANIFV STB€tT 7 n O j 119 Cecil Street #05-01, Cecil House Singapore 0106
      193 words
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      Page 9 Advertisements Column 2
      906 9 JHL Indian Bank (Wholly-owned by Government of India) Head Office: 31, Road, Madras 600 001, India BALANCE SHEET AS AT 3IST MARCH 1990 CAPITAL LIABILITIES i.Rs p PROPERTY ASSETS Capital (Wholly-owned by the Govt, of India) 56,00,00,000.00 Cash in hand with Reserve Bank of India State Bank I.Rs P Reserve
      906 words
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  • THE WORLD
    • WORLDWATCH
      • Article
        Taiwanese investments flooding into China
        84 10 TAIPEI Billions of US dollars from Taiwan have found their way to China in the past four years through both official and underground channels. Central Bank of China officials yesterday said the amount was on the rise as more Taiwanese rushed to invest in the
        84 words
      • Article
        Tax break for foreign firms in Taipei
        94 10 TAIPEI Foreign firms will be exempted from tax on royalties earned from providing special know-how, patented technologies or technical counselling to their local partners. Cabinet officials said on Sunday that under revised regulations governing the taxation of royalties earned by foreign companies, foreign
        94 words
      • Article
        Foreign investments in S Korea up
        79 10 SEOUL Foreign investment in South Korea has risen sharply this year, largely because of an improving local labour situation and wider market openings. The Ministry of Finance said foreign investment in the first nine months of this year nearly doubled from a year earlier
        79 words
      • Article
        Orders for US tools inch up
        63 10 WASHINGTON Orders for US-made machine tools rose a modest 3.4 per cent in September after huge gains in orders for metal-cutting tools were offset by declining orders for metal-forming machines, said the Association for Manufacturing Technology. While September orders were well below the 22
        63 words
      • Article
        Solidarity wins poll by narrow lead
        133 10 WARSAW Solidarity parties scraped a narrow lead in Poland's parliamentary elections on Sunday but exCommunists and opponents of free market reforms took an unexpectedly big share of the vote. Minutes after voting ended in Poland's first free parliamentary elections since World War 11, a
        133 words
    • Article
      Lock icon Tokyo not expected to re-inflate 1980s bubble
      549 10 Little danger of soaring share and property prices Reuter TOKYO Slowing Japanese growth and a yawning trade surplus have spurred calls for measures to stimulate the economy that recall the concerns of the mid1980s. However, despite the similarities and the imminent posting of
      Reuter  -  549 words
    • Article
      Lock icon Less aid may force reforms in poor states
      391 10 Reuter WOLFSBURG, Germany The West's new focus on aid for East Europe is diverting funds from going to the Third World but economists say it could be a blessing in disguise. They argue it could force developing countries to introduce reforms. Officials
      Reuter  -  391 words
    • Article
      Lock icon Japan banks paying for adventurous lending policies
      467 10 Reuter TOKYO Japanese banks face a rough road ahead now that adventurous lending policies in the 1980s have left them saddled with souring property-related loans. Their prestige and public image tarnished, banks are still working out just how much they will be forced
      Reuter  -  467 words
    • Article
      Lock icon Will talks end in a breakthrough or deadlock?
      868 10 Reuter WASHINGTON The speeches will be hardline, the tone shrill, the language unyielding. But will the Middle East peace conference which opens in Madrid tomorrow take a step towards solving the Arab-Israeli conflict or will it be a breakthrough to a dead
      Reuter  -  868 words
    • Article, Illustration
      Security for peace
      45 10 The Middle East peace conference MADRID Scores of police vehicles packing a parking lot of the Royal Palace on Sunday. Spanish troops were keeping guard ahead of the Middle East peace conference which opens at the palace tomorrow under extreme security measures.
      45 words
    • Article
      Lock icon Palestinians not fully prepared for tomorrow's talks
      351 10 Reuter JERUSALEM When US Secretary of State James Baker arrived in Jerusalem to assemble the final pieces of the Middle East peace talks jigsaw, he found the Palestinians still without a list of delegates. Not only did they fail to produce the promised
      Reuter  -  351 words
    • Article
      Lock icon Differing agendas of Israel and the Arabs
      569 10 Reuter MADRID Israel and its Arab foes meet across the Middle East peace conference table with widely differing agendas. Following is a list of the objectives of the delegations. Israel Wants the peace conference to be a brief ceremonial opening leading to the
      Reuter  -  569 words
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      147 11 J^B^H ■Hplil Al ?S|gp*-*& 7 v prSH; >ir >it Jg-a gjal^di BMta JWT ?^^^&a^ii^BßM^iiiBMiiife; Ml tor-|V- -jftfe?%. «1 Wsi jf P lMi jfcfcn i i nlffl! v^SSfflSI <v. -> fo"' >| 'T" rif^Fpfflir^^B r. v<Pi^HHß^^^^K9M&^-'4K r jj ffW A j| fc: i»»j^ <$? r iffiS r 8l 4 |gr jBS^MM
      147 words
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  • Article
    Resurrection of Miyazawa
    497 12 EDITORIAL FROM a prince to a pawn. And then a king. Such have been the vicissitudes of the career of Kiichi Miyazawa, the man who will be elected as the prime minister of Japan next week. The political resurrection of Mr Miyazawa, only two years after being
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Hostage to terrorism
      330 12 WHEN the American Jesse Turner walked free last week after being held hostage in Beirut for five years by the pro-Iranian Islamic Jihad for the Liberation of Palestine (IJLP), many around the world were overjoyed. In the euphoria, many were prepared to forget the callous way in
      330 words
    • Article
      Challenges for Asia
      92 12 EUROPE is coming closer to become the largest common market in the world. This poses a great challenge to Asia. Asian countries really have to come together and work out practical and acceptable arrangements that can strenghthen their positions in dealing with the regional trade blocks. It
      92 words
    • Article
      Service to all
      98 12 HOW to improve the public service is an important issue that a democratic government has to tackle. In Singapore, it is especially important because it is densely populated. The issue is complicated by the fact that ours is multi-racial society. Although English is the working language, it
      98 words
  • REGIONAL VIEWPOINTS
    • Article
      An urgent need for peace
      152 12 THE only acceptable solution in Yugoslavia could require the involvement of a totally neutral body the United Nations with perhaps some special administration status such as regional autonomy for Serb-dominated territories in neighbouring states. As the war drags on from one failed ceasefire to another,
      152 words
    • Article
      Peace in Cambodia
      172 12 THE big question now is the sincerity of the Khmer Rouge in accepting the conditions imposed by the treaty. Given the group's historical and ideological record, one can be forgiven for doubting the truthfulness of its leader. Khieu Samphan. in pledging to honour the Paris accord. For
      172 words
    • Article
      The onset of a new era?
      187 12 NEXT week, in Madrid, another long abiding conflict will be addressed. But while nothing much can be expected out of the Mid-east peace conference, the parties to the conflict may not be doing much talking or listening to each other, at least they will
      187 words
  • Article, Illustration
    Lock icon Time to consider treaty drafting
    959 12  -  Tim Golden on the progress of the North American Free Trade Agreement talks Tim Golden NYT FOUR months into their discussions on a North American Free Trade Agreement, negotiators from the United States. Mexico and Canada said on Sunday that they were ready to begin
    NYT  -  959 words
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      294 12 SAMSUNG NCTTEMASTER 3865/IBN I 1 rJBEE !8» Before you run out and spend five or six thousand dollars for a 386SX notebook PC, we seriously suggest you take a close look at Samsung. We've just introduced the Note Master 3865/16. It has <r\ J the features of a Compaq notebook
      294 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      40 12 DOONESBURY BY GARRY TRUDEAU WMtmapi UJ&RB VERY PROUD OF IT! ON& W 1 1 uhv 1 OFmswTHUPepmmrT IP YOUS&WHATS I XWCUJHCUJ I s*il MP<&tth£ travis 80/ I $MON6--ANP)OUTRYTO I THATSA I ,4 JSS? \msMtnmr..xx/ U Z£W%!£^ HI Vr*.\mt,eeAHmoum\ I S
      40 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon No more full-scale summits, just a long lunch
      815 13  -  Today, George Bush meets Mikhail Gorbachev in Madrid before they attend the opening of the Middle East peace conference. Andrew Rosenthal says that the US President approaches the meeting uncertain of Mr Gorbachev's power Andrew Rosenthal NYT FOR the first time in
      NYT  -  815 words
    • Article, Illustration
      Lock icon At last, the premiership
      1349 13  -  The man who will be Japan's next Prime Minister has had a long and impressive political career. Roy Akagawa reports Roy Akagawa Asahi News Service ELITIST is a term that quickly comes to mind in describing the background of Kiichi Miyazawa, the man chosen by Japan's
      Asahi News Service  -  1,349 words
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      Page 13 Advertisements Column 1
      49 13 The Asian Wall Street Journal is back on the street in Singapore. A limited number of subscriptions are now available. Save 47% off the newsstand price Please call: Changi International Distribution Svcs Pte Ltd TEL: 747-5353 FAX: 746-4853 or FAX the Asian Journal directly: in Hong Kong (852) 834-5291
      49 words
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      251 14 THE PERFECT BLEND with sky atriums in the office tower. •A totally self-contained A spectacular 5-storey office lobby development of offices, shops atrium to dignify your office. entertainment, the sea and the city. recreation and hospitality AFFORDABLE ARCHITECTURALLY EliT Lr ""heart of Singapore's Three-storey sky atrium office tower. EXCELLENT AND
      251 words
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Postman delivers ... and more
      431 15  - Postman delivers and more Joseph Rajendran talks to the man behind the Postman Joseph Rajendran A TELEPHONE system that takes down voice and messages sent by fax when you are away from your desk. And it does not stop at that. It can also tell the caller to punch a
      431 words
    • Article
      Lock icon New laser procedure shows promise for near-sightedness
      422 15 NYT Hoping to throw away their glasses and contact lenses, more than a thousand nearsighted Americans have had their eyeballs reshaped in an unusual procedure in which a laser beam trims away part of the cornea, the clear layer that covers the lens.
      NYT  -  422 words
    • Article
      Lock icon Genetics research poses major threat of discrimination
      317 15 AP Advances in human genetics, now the focus of a massive government-backed project, pose serious threats of discrimination and violation of privacy rights, a US House of Representatives panel was told recently. Experts led by Nobel laureate James Watson who discovered the molecular
      AP  -  317 words
    • Article
      Lock icon Firms tie up to promote multimedia computing
      412 15 AP A GROUP of personal computer makers has turned up their campaign to promote "multimedia" computing, displaying models that mix sound, text and pictures and more than 60 pieces of software to run on them. Bill Gates, chairman of software giant Microsoft Corp,
      AP  -  412 words
    • Article, Illustration
      CAD/CAM: a Prime concern
      353 16  -  Claire Leow reports on Prime Computer and the direction it is heading in Claire Leow ONCE the target of a hostile bid. Prime Computer now considers that painful ordeal a lucky turn of events, according to its corporate vice-president Del Lippert. With the help of American
      353 words
    • Article
      Lock icon Predicting the chances of survival
      258 16 NYT DOCTORS in intensive care units are testing a new computerised system that uses data about patients' conditions to predict their chances of survival. The system, being tested in three Michigan hospitals, allows doctors to compare a patient with more than 17,000 others who are
      NYT  -  258 words
    • Article
      TECHTAKES
      376 16 AN INEXPENSIVE solar cell more powerful than any yet developed was announced by a team of Swiss scientists, opening the possibility of large scale electricity generation by the sun for the first time. The researchers said their cell is even more powerful than the photovoltaic processes used in nature
      376 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      57 15 Smart thinking companies in the U.S. are using an innovative technique to get quality PC software support and save significant amounts of money at the same time. We now bring this concept to Singapore. Make use of it and we assure increased IT productivity and lesser support costs. Call or
      57 words
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      Page 15 Advertisements Column 2
      692 15 REPUBLIC NATIONAL BANK OF NEW YORK A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidate Statements of Condition f. September 30. Liabilities and September 30. Assets 1991 1990 Stockholder s Equity 1991 19go (Dollars in thousands) Cash and due from banks 367.635 270.663 7Mi6e9 8.584 6.489.065 7.337.496 ,< o37 13, ll
      692 words
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      407 16 NEW CANADIAN INTERNATIONAL SCHOOL S CANADIAN OVERSEAS C O LLEGE ESTABLISHED IN SINGAPORE The growing number of expatriate families In the main cities of Southeast Asia and the Increasing desire among the local populations to attain upward mobility for their children through education were the two motivating reasons for the
      407 words
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      Page 16 Advertisements Column 2
      21 16 MVESIWGJ9II HERE'S YOUR CHANCE TO SPUR YOUR INVESTMENT AND expansion. See the 28-page I feature (in 2 sections) K Business Times
      21 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Lock icon A real battle foaming
      1093 17  -  When Coca-Cola left the Indian market in 1977, it left a huge vacuum which was quickly filled by various soft drink makers. Now that the American giant is set to make a return, domestic bottlers are getting ready to defend their market share. Rajendra Bajpal reports
      Source: Pepsi  -  1,093 words
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      125 17 %wr '."mV Jh^ mm JvJ^fl^HHß^^^^^^H jhh^a/^b JHH ■■■P > 7^3ffl|MM%| w j|S3HI MMtt It* H^^H Grand Hyatt Erawan Bangkok Looted in the hean of the premier business, diplomatic and shopping districts, Grand Hyatt Erawan Bangkok is, to the time conscious executive, a strategic haven. It is also exceptionally grand. Impressive
      125 words
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      979 18 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT
      979 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      687 18 TELEVISION AND RADIO T1 j 1 1 'Wm* ,^,frwPfr j J l 8-00 Wordwhizz (Stereo). 5.55 Today in History. I BUSINESS ON RADIO Lll 4-m n U If BCI2 8.30 Uvo Wlro (Stereo). 6.00 Mows. SHC 11 Iv 9.00 News. 6.30 Muqaddam. 88.9 mHz in VMF Bond N -M. V
      687 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Stage set for star wars
      728 19  -  The release of two new movies, For the Boys and Prince of Tides, will see the almost head-on collision between Bette Midler and Barbra Streisand who have been rivals for years. Bernard Weinraub reports. Bernard Weinraub NYT THERE'S the Streisand team at Columbia, and the
      NYT  -  728 words
    • Article, Illustration
      Bet with your head, not over it
      952 19  -  Every evening, a few thousand people try their luck at the gaming tables of Perth's Burswood Casino. But it is a futile effort for most of them. Arthur Lee takes a look at the odds Arthur Lee The writer's trip was sponsored by
      952 words
    • Article
      Hitler's tie pin and: empress' milk teeth auctioned off
      609 19 Hitler's tie pin and empress' milk teeth auctioned off CHATTERBOX A TIE PIN which belonged to Adolf Hitier and one of Austrian Empress Elizabeth's milk teeth were among 8,000 memorabilia items sold in an auction in Munich, Germany, on Sunday. The tie pin, decorated with a gold imperial eagle, was
      609 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      150 19 AND ENTERTAIN pM Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Every Monday to Saturday A Happy Hours: 6 to 9 pm ana hotr (one for one special) SINGAPORE 16 Nassxn HM. Sngaoore 1025 Te<«phon« (66) 732 1222 Mongolian Buffet at New Park Cafe
      150 words
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      Page 19 Advertisements Column 2
      28 19 Lunch $9.00 Dinner $13.50 Enjoy our Shabu Shabu Sukiyaki Barbecue RESTAURANT KPBE Tel: 734-6796 4th fir Unit 04-06 07 Tanglin Shopping Centre Air tlown KOBE BEEF also available
      28 words
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      Page 19 Advertisements Column 3
      106 19 Wt> BEEF DAY AT rra nishiki II "Nikn" in Japanese means j meat, at the same time it also means "Two-Nine". On tMi same note, on every 29th of ?|T\ the month will be "Beef Day" f at NISHIKI. You can now enjoy a selection of beef j dishes at
      106 words
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  • SPORTS
    • SIDE LINES
      • Article
        Hendry holds off Davis for title
        120 20 READING, England Defending champion Stephen Hendry retained his title with a 10-6 win over great rival Steve Davis but not before a brave fight back by the Englishman here on Sunday. Hendry took control of the first session and raced to a 7-1 interval
        120 words
      • Article
        Allem triumphs
        71 20 HOUSTON, Texas Fulton Allem of South Africa birdied three of his last four holes to come from seven strokes back and score a one-shot victory in the US$BOO,OOO Independent Insurance Agent Open on Sunday. Allem shot a final round six-under-par 66 for a 15-under 273 total, one stroke
        71 words
      • Article
        Swiss climbers conquer peak
        72 20 KATHMANDU Two Swiss climbers have conquered the 8,163-metre (26,778-foot) high Mount Manaslu from the ava-lanche-prone north-east face. The Tourism Ministry announced on Sunday that Horst Brantschen, 31, and Mauro Ferrars, 41, members of the Swiss Zermatt Expedition, scaled the treacherous peak on Friday after an arduous
        72 words
      • Article
        Seles sails past Sanchez
        49 20 LAS PALMAS, Spain Top-seeded Monica Seles took just 68 minutes on Sunday to defeat Spain's Arantxa Sanchez Vicario 6-3, 6-0 in the final of an exhibition tournament. Sanchez broke Seles in the first game but Seles broke right back on several unforced errors by Sanchez.
        49 words
      • Article
        Halard outlasts Coetzer
        65 20 DORADO, Puerto Rico Frenchwoman Julie Halard outlasted South African Amanda Coetzer 7-5, 7-5 on Sunday, winning the Puerto Rico Open, improving her WTA ranking to 16th and possibly earning a berth in the season-ending Virginia Slims Championships. Seeded second, Halard broke Coetzer's serve four times to win
        65 words
      • Article
        Decisive tournament
        127 20 PARIS The sixth edition of the Paris Open tennis tournament that groups the world's best players will also be a decisive competition for players seeking a spot on the US and French Davis Cup teams. Tom Gorman, the captain of the American team, will announce his players a
        127 words
    • Article, Illustration
      Lock icon Graf rallies to defeat Garrison
      327 20 Brighton Women's Tournament AP BRIGHTON, England Wimbledon champion Steffi Graf rallied from a 5-7, 4-3 deficit to win nine of 10 games and beat American Zina Garrison 5-7, 6-4, 6-1 on Sunday in the final of the U*****,000 Brighton women's indoor tournament. It took Graf
      AP  -  327 words
    • Article
      Lock icon Dickson masters elements to clinch racing title
      284 20 Reuter HAMILTON, Bermuda New Zealander Chris Dickson won the World Match Racing yachting world title by coming from two races down to beat American Peter Isler in Sunday's best-of-sev-en final 4-2. Dickson, who is heading Japan's America's Cup challenge, earned his third World
      Reuter  -  284 words
    • Article
      Lock icon Becker overcomes Edberg
      548 20 Stockholm Open AP Reuter STOCKHOLM Boris Becker won his first tournament since the Australian Open on Sunday, rallying from a 2-1 set deficit and outlasting Stefan Edberg in a five-set duel to win the Stockholm Open. Capitalising on Edberg's sloppy serve in the final set, Becker won
      AP; Reuter  -  548 words
    • Article
      Lock icon Former NFL quarterback wins first pro title
      345 20 AP LOS ANGELES John Brodie, who made a smooth transition from National Football League quarterback to television analyst to professional golfer, needed only a 4-inch birdie putt on the first playoff hole to beat Chi Chi Rodriguez and George Archer for his first
      AP  -  345 words
    • Article
      Lock icon Anti-apartheid group urges S African participation in Olympics
      276 20 AP JOHANNESBURG A key anti-apartheid sports group said on Sunday that South Africa should accept an invitation to compete in the 1992 Summer Olympics. The announcement by the National and Olympic Sports Congress means virtually all influential sports groups now favour sending
      AP  -  276 words
    • Article, Illustration
      Lock icon Davis clinches Volvo Masters
      282 20 AP SOTOGRANDE, Spain Australian Rodger Davis shot a even-par 71 and held off a final-round 68 by Nick Faldo to win the Volvo Masters by one shot on Sunday for his first PGA European Tour victory of the season. Playing with a sore leg. Davis rallied
      AP  -  282 words
  • Page 20 Advertisements
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      365 20 THE COURVOISIER FCN $1 MILLION HOLE-IN-ONE GOLF TOURNAMENT Yes, there's $1 Million to be won if you score a Hole-in- Another super Porsche 968 awaits the player who scores a One. The Courvoisier FCN $1 Million Hole-in-One tournament hole-in-one at a designated green on the hack nine. Other fabulous will
      365 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII down nearly 6 pts as players hug sidelines
      4031 21  -  By Dawn Tan THE STRAITS TIMES Industrials Index shed 5.89 points to closc at 1,402.56 yesterday as market players retreated to the sidelines after Friday's 10.95-point fall. Singapore blue ehips closed lower on profit-taking, but brokers remained fairly optimistic as the
      4,031 words
    • Article, Illustration
      HOT STOCK
      63 21  -  Chew Eng Han Comment SHOP UP 32 cents yesterday to close at $4.20. Stock is trading on the upper end of the uptrend channel, and strong resistance lies at $4.50. Daily RSI is at 80, weekly RSI at 70. Stochastics are also high, suggesting an overbought situation. A
      63 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3206 23 Rothmans M 50« 710 +15 Leader I! 342 +12 3.6% AMFP 61 +I1Vj +23 2% UMW 258 +11 +4.5% MISC Foreign 428 -HO f2.4% Oriental Hldgs 540 *-10 +1.9% G Lumber 148 ->-8 +5.7% MTC 78* 283 +8 *-2.9% PMC 50* 163 +7 +4.5% Tan
    3,206 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      414 24 Company Oat* Year Group Net Met earnings Gross ami to profit/loss (L) per share dividend ('000) (coots) H First Capital Oct 18 )un 91 S8 891 ($11.711) 55(7.2) 1(1) Btfiaya Group Oct 16 Apr 91 M$24.670($25.377) 7(7.1) 5(10) Saa View Oct 16 )un 91 $5,627(55,262) 25 5(238) 8(8)
      414 words
    • Article
      INTERIM RESULTS
      460 24 Company Oat* Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) SIA Oct 28 Sep 91 $634.500($681 900) 15(15) TOM Oct 21 Jun 91 MSI 75L(SI. 117L) Metroplei Oct 18 Jul 91 M$16,678<$13.323) Heiza Corpn Oct 17 Jul 91 M$548($1.391) MMC Oct 10 Jul 91 MS25.871 (S35.303)
      460 words
    • Article
      PROPOSED ISSUES
      566 24 Company Rights Issue Asa Fx Land One-for two (n MS065 per share mm* Tedi One-fomne SI 00 per share Bariayi Group Rights issue of S89m nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (ICULS) on the basis of one for four Bait on Issue of $90 978m nominal
      566 words
    • Article
      PRELIMINARY RESULTS
      308 24 Company Date Year Group pre-tax Net earnings Gross ann te profft/tess (L) par share dividend COOO) (cents) YTLCofpn Oct 9 Jun 91 M$30,889($19.311) 13.8(7 9) 10(10 Boostead Oct 2 Jun 91 M$35,810($32.503) 10.4(8 5) 15(15) SBS Oct 2 Jun 91 $4.315($4.140) 101(11.5) 7(7) Antah Hldgs Sep 30 Jun
      308 words
    • Article
      CORPORATE DEVELOPMENTS
      204 24 Oct 28 MM Corporation Bhd has received approval from the Malaysian Capital Issues Committee to buy M564.39m (Ss4om) worth of properties in Penang and a property development company. The committee has also revised the conversion price for its irredeemable convertible unsecured loan stock that was to finance the
      204 words
    • Article
      DIVIDENDS ANNOUNCED
      886 24 Current Ex Books Date Total for Total lor paymoot date dose payable tteo year last yoar Acma 5%TE(I) Oct 21 Oct 31 Nov 15 5%TE 10%TE Antah Hdp 50c 6%(b) Nov 21 Dec 5 Dec 24 6* 6% Anno 20c 5%TE(I) Oct 14 Oct 24 Nov 15 5*TE
      886 words
    • Article
      APPROVED ISSUES
      82 24 Company Rights Issue MB) France Two-tor three M$0 90 per share Ex-date Nov 1 Books dose Nov 18 Acceptance Payment NYA Company Bonus Issue MBf France One-tor three Ex-date Nov 1 Books dost Nov 18 Company Others Amal Stee* Restricted Offer for Sale of Angkasa Marketing Bhd shares
      82 words
  • CHARTING SERVICE
    • Article, Illustration
      Trading with the help of indicators
      434 24  -  By Chew Eng Han Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market.
      434 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market bucks overseas trend with 4.99-point rise
      4436 25 Bernama WIDESPREAD buying interest took share prices here to a higher close yesterday despite the weaker leads from overseas. The KLSE all-share Emas Index at the close rose 1.42 points to 137.12 while the Composite Index firmed 4.99 points to 535.43 and the
      Bernama  -  4,436 words
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      257 25 BUSINESS TIMES w TELEPHONE: 7 3 0-577 1/5772/5773 FAX: ,»j IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF BAYSHORE INVESTMENTS (PTE) LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50
      257 words
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      Page 25 Advertisements Column 2
      221 25 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SENORITA PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50 that the Final Meeting of the Members of the abovenamed Company
      221 words
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      Page 25 Advertisements Column 3
      222 25 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF API TECHNOLOGY PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50 that the Final Meeting of the Members of the abovenamed
      222 words
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      Page 25 Advertisements Column 4
      223 25 I— IN THE MATTER OF THE COMPANIES ACT (CHAPTER 90) AND M THE MATTER OF HUIOA PTE LTD (IN MEMBERS VOLUNTARY WINDING-UP) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Company Act. Cap SO thai the Final Meeting of the Members of the abovenamed
      223 words
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      Page 25 Advertisements Column 5
      224 25 M f IN THE MATTER OF TtC.it, COMPANIES ACT (CHAPTER 50) AND M THE'"' MATTER OF ADO-ON INVESTMENTS PTE LTD,;;(M MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETMO NOTICE IS HEREBY GIVEN pursuant to Section 306 of IhpCompanies Act, Cap 50 that the Final Meeting of the' Members of the abovenamed
      224 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end sluggish day little changed
      2626 26 Reuter TOKYO STOCKS limped through the last day of trade for October delivery to close little changed. Brokers said the market, denied fresh buying incentives, shrugged off renewed speculation about easier credit following the election of Mr Kiichi Miyazawa as ruling party leader. 'We're
      Reuter  -  2,626 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Trade issue makes investors nervous
      2444 26 AFP AP SHARE PRICES were mixed in cautious trading on the Hongkong Stock Exchange yesterday with the Hang Seng Index gaining 16.7 points or 0.4 per cent to close at 3,988.60. Turnover, however, fell sharply to HK$96B million from Friday's HK.SI.3 billion. The market opened
      AFP; AP  -  2,444 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Political uncertainty overshadows rate cuts
      2327 27 Reuter UPI STOCKS yesterday closed mixed in a quiet session as absence of prospects for change in the Thai political outlook sidelined local and foreign investors, brokers said. The SET Index ended 0.89 points higher at 624.93 on a low 1.14 billion baht turnover. Trading
      Reuter; UPI; SOURCE: PONT DATA  -  2,327 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Market falls 2.17 points on heavy turnover
      1070 27 Reuter TRADING was very active on the Jakarta Stock Exchange yesterday, with turnover rising to 4.80 million shares from 1.66 million, but the official index fell 2.17 points to 227.43. Semen Gresik was among the heaviest traded on the regular market, with 326,500
      Reuter  -  1,070 words
  • Page 27 Advertisements
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      8 27 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF OUSINESS TRENPS
      8 words
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      Page 27 Advertisements Column 2
      722 27 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-9982 r—————— i i IN THE MATTER Of THE COMPANIES ACT, (CHAPTER SO) AND IN THE MATTER Of NG CHENG PENG HOLHNGS (S) PTE LTD. (Incorporated In The Republic Of Singapore) (IN UQUOATON) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary Gen«r»l Meeting of the Member* of
      722 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks end barely higher in quiet trade
      • Article
        AUSTRALIA
        894 28 THE Australian share market edged up slightly higher yesterday, ending a day of lacklustre trade with investors still hoping for an interest rate cut. Brokers said that investors have virtually factored in a full one percentage point cut in official cash rates and have now withdrawn to await further
        894 words
      • Article
        MANILA
        558 28 TRADING IN the Philippine stock market slowed yesterday as investors stayed on the sidelines anxious about what would happen when exiled former First Lady Imelda Marcos returns home from five years of exile in the US, analysts said. The volume of shares traded was thin with the Manila Stock
        558 words
      • Article
        TAIPEI
        552 28 TAIWAN STOCKS ended 3 per cent higher yesterday after a partial easing of political fears allowed investors back into the market, clearing the way for a technical rebound to continue, dealers said. The peaceful ending of a big opposition demonstration on Friday had helped investors regain some confidence. The
        552 words
      • Article
        SEOUL
        884 28 SEOUL STOCKS fell below the 700 level in subdued trade yesterday due to profit-taking on financial shares despite active buying of small companies issues, brokers said. "In the absence of fresh positive or negative factors, the index dipped," Daewoo Securities broker Huh Eui Do said. Institutional selling of South
        884 words
      • Article
        Untitled
        585 28 (lose Previous Oct 28 AUSTRALIA All Ordinaries Index 1.642.8 1.641.7 +1.1 All Industrials Index 2.544.8 2,543.4 +1.4 All Resources Index 952.9 952.0 +0.9 Turnover (million) 164.2 186.68 -22.48 NEW ZEALAND NZSE-40 Capital closed 1.511.86 Turnover (million) closed 17 MANILA Composite Index 1.007.09 1,008.17 -1.08 Turnover (million) 721.3 1,010 -620.2 TAIPEI
        585 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon EC securities industry calls for more flexible rules
      362 29 Concern that draft laws on trading practices may stifle market Reuter LONDON Rules for the European securities industry must be flexible to allow the growth of modern market and trading structures, said Michael von Brentano, chairman of the International Primary Market Association
      Reuter  -  362 words
    • Article
      Lock icon Futures funds losing exotic appeal as they gain official acceptance
      602 29 IHT PARIS Experienced investors will not be surprised to learn that today's most popular investment vehicles scarcely a week passes without a new one being launched somewhere are still on the wild frontier of investment management. But futures funds, which
      IHT  -  602 words
    • Article
      INTERBANK FOREX RATES
      384 29 Cross rates 0*2* USS SS MS Dm Yen SFr AS NZS USS 1.6965 2.7515 1.7025 132.15 0.5850 1.4890 1.2739 1.7986 SS 0.5894 1.6219 1.0035 77.8957 0.3448 0.8777 0.7509 1.0602 MS 0.3634 0.6200 0.6188 48.0283 0.2126 0.5412 0.4630 0.6537 Dm 0.5874 0.9965 1.6162 77.62 0.3436 0.8746 0.7482 1.0564
      384 words
    • Article
      MONEY MARKET
      548 29 Interbank rates SS Bid Offer Overnight 3 9/16 3 11/16 1-month 3 13/16 3 15/16 2-month 3 7/8 4 3-month 3 15/16 4 1/16 Omnight mode: 3-5/8 LSS Bid Offer 7 days 5 3/8 5 1/2 1 month 5 1/4 5 3/8 2 months 5 1/4 5 3/8
      548 words
    • Article
      Dollar up in Tokyo on hopes of strong GNP data in US
      897 29 REPORTS ASIA Tokyo: The dollar closed higher yesterday in Tokyo on technical factors and on hopes of strong third-quarter US gross national product (GNP) data, dealers said. "There are no major incentives in the market, and trading has
      897 words
    • Article
      FINANCIAL FUTURES
      1062 29 SIMEX EUROOOLLAR Open High Low Sett Est Vol Op/!nt Vol Dec 91 94.53 94.53 94M 9411 2700 ***** 4290 Mar 92 94.61 94.62 94.59 94.60 3000 ***** 6042 Jun 92 94.39 94.39 94.36 94.36 1082 5902 1001 Sep 92 94.05 94.05 94.02 94.02 600 2223 696 Dec 92
      1,062 words
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  • COMMODITIES
    • Article
      Lock icon Mexico to open commodities exchange next year
      408 30 Reuter MEXICO CITY Mexico could offer US commodities brokers the option of extended trading with the launch of its first commodities exchange sometime next year, a government official said. Modelled on US exchanges, the Farm Futures Exchange will open after the signing of
      Reuter  -  408 words
    • Article
      Lock icon Positive outlook for world oil services industry
      286 30 Reuter BUENOS AIRES The oil services industry could look forward to years of growth in a world rapidly moving towards privatisation, open markets and new technologies, Schlumberger Ltd chairman and chief executive officer Euan Baird said. "Since we are in the business of
      Reuter  -  286 words
    • Article
      Tin rises three sen in KL on some coverings
      819 30 REPORTS THE PRICE of tin rose three sen yesterday to close at M$ 14.84 per kg on the Kuala Lumpur Tin Market on some coverings. Dealers said there were small offerings as miners were not keen to sell. However, the London
      819 words
  • Article
    PRICES
    1367 30 Rubber oct28 MS (<■>!■ HI—) S cents/kg Noon Close Int I RSS Prompt I39.50/I40.50N I39.50/I40.50N Int I RSS Nov 91 140.50/141.50 140.50/141.50 Int I RSS Dec 139.75/140.25 139.75/140.25 Int 2 RSS OP 136.25/138.25N 136.25/138 25N Int 3 RSS OP 134.25/135.25N 134.25/135.25N Int 4 RSS OP 131.25/133.25N 131.25/133.25N Int 5
    1,367 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1178 30 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that I, TAN KIM CHIAK of No Blk 186, Boon Lay Ave, #07-104 Singapore 2264, have applied for a Beer House First Class licence in respect of premises at M/s Welcome Coffee Shop at 719 East Coast
      1,178 words
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      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1141 31 City Flight ETA Higtit ETD Aba Dhabi GA893 1225 GA892 0110 SQ228 1910 RJ183 0100 Amsterdam GA893 1225 GA892 0110 KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 NZ35 1530 SQ388 2045 NZ36 2305 Bandar Sari BI421 1105 SQ182 0915 Bagawan SQ 181 1410 BI422 1205
      1,141 words
    • Article, Illustration
      Down Rotten Row in urban Africa
      780 31  -  LETTER FROM HARARE By David Pilling I HAD NOT expected to see Canadian Mounties in the heart of Africa. It was certainly incongruous to see them in Mbare, not quite a slum but a rough-and-tumble black township stranded on the outskirts of Harare's high-rise
      780 words
    • Article
      MONEY CHANGER RATES
      152 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3260 1.3374 Canadian dollar 1.4902 1.5130 NZ dollar 0.9330 0.9710 Sterling pound 2.88S8 2.9191 US dollar 1.6950 1.7000 Local dollars to 100 units of foreign currency Austrian schilling 14.015 14.27
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      89 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Oct 26- 22th Furniture Milan Trade Associazione 02/*****04 Nov 5-8 International Netherlands Koninklijke ********** No\ 3 Modern Living Fair. Italy Promozione Trade Fair for Nederlandse Exposition Mostre Waste Processing Jaarbeurs Oct 30- International Santiago. Feria Internac- **********
      89 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Kokkola? Ifs the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kurjpe firm start to Finnish
      41 words
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      Page 31 Advertisements Column 2
      41 31 Gateway Stabbing Man stabs his girlfriend three times at Beach Road in front of a lunchtime crowd. Dr Arthur Beng rushes to help victim Pictures, interviews, graphics in the The New Paper... NEW NEWS NEWSY ffeflr From lunch-time. Monday to Saturday.
      41 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      268 31 1 What you 10 The bag in close up (5) 11 Fight against the sleep ■rH one's being engulfed by (6) 12 Paper mugs, do better (8) 13 Stop, I have to have someto ■■Mb HI 5 Surprised, began to 18 The wind-screens I will hlhJ—^Lrto be defec--19 Grab a
      268 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      199 31 Singapore Outlook: Hazy with showers over a few areas in the afternoon. Report: Maximum temperature 31.1 Assoc humidity 53% Minimum temperature 24.5 Assoc humidity 96% Hours of sunshine 7.60 Rainfall in mm Nil Rainfall this month 33.2 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. Auckland 21/12 Cloudy
      199 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      14 31 (IIpLiJ ON THE ROOf HN3 LOST MONEY/ ]f THIS SEftSON... S C HtWWAWM LTD..
      14 words
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  • Article
    Salim Group, Sumitomo seal fourth business pact
    284 32  -  New venture will produce car wiring harnesses in Jakarta From Carolyn Lim in BATAM INDONESIA'S Salim Group and Japan's Sumitomo conglomerate further cemented their business co-operation with an agreement last night to manufacture car wiring harnesses in Jakarta. Salim group director Sjaiful Hamid
    284 words
  • Article, Illustration
    Lock icon Batam Exec V illage MoU signed
    434 32  -  From Genevieve Cua in BATAM A LUXURIOUS residential-cum-resort project for tenants of Batam Industrial Park came a step closer to reality yesterday. A memorandum of understanding on the proposed $100 million Batam Executive Village was signed by the industrial park's first tenant, Sumitomo Electric
    Picture by Arthur Lee  -  434 words
  • Article
    Open trade will benefit insurers of developed nations, meet told
    303 32  -  From Quak Hiang Whai in BANGKOK THE DISMANTLING of trade barriers resulting from the GATT talks will, in practice, not enable insurers of developing countries to operate in the markets of developed countries, said Mr Sanit Vorapanya, director-general at the
    303 words
  • Article
    Lock icon Hanoi signs pact protecting Thai investments
    367 32 AP BANGKOK Vo Van Kict, the first Vietnamese Premier to visit Thailand in a decade, yesterday conferred with his Thai counterpart, signed a pact protecting Thai investment in his country and promoted Vietnam to the local business community. Mr Vo is on a three-na-tion
    AP  -  367 words
  • Article, Illustration
    US firms can learn from Japanese buddy system
    807 32  -  The Bottom Line ALAN BLINDER ALAN BLINDER The writer is a professor of economics at Princeton University in the US. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. ONE THEORY of the secret behind the
    807 words
  • Article
    Lock icon India opens investment door wider to overseas Indians
    211 32 AFP NEW DELHI The government threw open the door to overseas Indian businessmen yesterday, allowing nonresident Indians and overseas corporate bodies they own to have up to 100 per cent equity in selected Indian industries. The announcement of the new liberalisation measures,
    AFP  -  211 words
  • Article
    Lock icon Yeltsin proposes radical reforms for Russia
    210 32 Reuter MOSCOW Russian President Boris Yeltsin has announced a series of radical economic reforms including privatisation and freeing of prices. "I am speaking to you at one of the most critical moments of Russia's history: the moment at which it is being decided what
    Reuter  -  210 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      215 32 M. Baume Mercier GENEVE 1830 Regulations for Banks and Merchant Banks I A Seminar for Operations and Finance Personnel H In a dynamic environment, it is important to take a fresh look at regulations and assess its impact on banking operations. The seminar will address banking regulations and systems of
      215 words
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      Page 32 Advertisements Column 2
      4 32 Corporate Focus, I'r 17
      4 words
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      Page 32 Advertisements Column 3
      89 32 JIL Baume Mercier GENEVE 1830 k 70 Anson Road FREEHOLD Office Building -v. 20 levels of strata office space totaJbng Strategical located at the junction of XI Anson Road and Enggor Street In to ISmM immediate vanity of major prestigious buddings such as 78 Shenton Way, MAS Building, Treasury Buflding
      89 words
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  • ShippingTimes
    • Article
      Port of Oakland may appoint Singapore agent
      364 33  -  From Rahita Elias in OAKLAND THE US west coast Port of Oakland, prompted by the strong increase of South-east Asian cargo traffic, is considering appointing a Singapore representative agent. William D Stevens, its director of maritime, told BT in Oakland recently: "We were
      364 words
    • Article
      Lock icon Boeing's backlog falls
      278 33 Reuter SEATTLE Boeing Co said its total firm order backlog fell to U5595.9 billion (S$ 162 billion) 95 per cent of which was for commercial customers at the end of the third quarter, down from US$9B.2 billion in the second quarter. Boeing also said it expects 1991
      Reuter  -  278 words
    • Article
      Lock icon Continental to sell Micronesia routes to Hongkong group
      210 33 NYT NEW YORK Continental Airlines said last Sunday that it had reached an agreement to sell its Micronesia routes to a Hongkong investment group for US$27O million (***** million) in cash. The sale would strengthen Continental's cash position and improve the carrier's
      NYT  -  210 words
    • Article
      Lock icon Rome treaty outdated: Aerospatiale chief
      183 33 Reuter PARIS Aerospatiale president Henri Martre said the Treaty of Rome on which the European Community (EC) is founded is outdated and should be revised before Europe embraces a common market in 1993. "The Treaty of Rome dates back to 1957. It was drawn up
      Reuter  -  183 words
    • Article
      Lock icon Germany considers warship sale to Taiwan: report
      222 33 AFP TAIPEI Germany is considering selling warships to Taiwan to boost its sagging shipping industry, but fears objections from Beijing, a newspaper reported here last Sunday. "The negotiations have been going on for some time and the proposal was made by Taiwan's naval
      AFP  -  222 words
    • Article
      INDEX TO ADVERTISERS
      903 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 3 Bangladesh Shpg 8 5 The Bank Line
      903 words
    • Article, Illustration
      TSK Line expands its Asian service network
      409 33  -  By Dexter Lee SINGAPORE Tokyo Senpaku Kaisha (TSK Line) is expanding its service network to cash in on the rapid growth of the intra-Asian trade. Over the past several months, the Japanese carrier has increased its callings at Asian ports. It is also
      409 words
    • Article
      Lock icon THAI increases seating capacity
      177 33 Reuter BANGKOK Thai Airways International, the govern-ment-owned carrier, has launched its 1991/92 winter traffic programme with a 17.6 per cent increase in seating capacity. The programme officially started last Sunday. It sees an 11.5 per cent rise in the carrier's seating capacity to Europe, where flights
      Reuter  -  177 words
    • NEWS SUMMARY
      • Article
        Aiming to be Baltic air hub
        39 33 SEVERAL Western airlines are more than ready to help newly independent Baltic republic Latvia form a national airline. But the country's ambitious plan may be stalled in more ways than one Page 2
        39 words
      • Article
        Airlines set to face US$4b loss this year
        47 33 THE Gulf War is not yet over for the world's airlines, who face combined losses of up to US$4 billion (SS6.B billion) on scheduled services this year, officials said ahead of the industry body's annual meeting yesterday Back Page
        47 words
      • Article
        Loss-incurring Isuzu turns to GM for help
        52 33 AS IF General Motors Corp doesn't have enough trouble these days, its closest partner in the Japanese auto industry, Isuzu Motors Ltd. is running a huge operating loss, appears ready to jettison its president and has reportedly turned to GM for financial help.
        52 words
      • Article
        Sailors caught in typhoon rescued
        17 33 TYPHOON Ruth continued to lash Manila and northern Luzon yesterday Back Page
        17 words
      • Article
        Rescued crew returning to NZ
        26 33 THIRTEEN crewman from a freighter which sank last Sunday in the South Pacific were heading to New Zealand yesterday Back Page
        26 words
    • LOGBOOK
      • Article
        Panama-registered ship missing off Taiwan
        103 34 TAIPEI The Panamanian-registered SS Tung Lung, with 21 crew members, was reported missing on Sunday south of Taiwan's Pescadores Islands. Taiwan's National Armed Forces Rescue Centre was unable to locate the ship due to extremely low visibility and the violent tides caused by Typhoon Ruth,
        103 words
      • Article
        Military missiles tie-up
        36 34 PARIS French Aerospatiale and Thomson-CSF are expected soon to cooperate in the production of military missiles in an attempt to hit a market worth billions of dollars, reliable sources said here last Friday.
        36 words
      • Article
        Rail union accepts crew cut
        56 34 FORT WORTH, Texas Burlington Northern Railroad and the United Transportation Union signed an agreement last Friday that will reduce train crew sizes on 65 per cent ot the railroad, the company announced last Sunday. The Burlingtod Northern Inc subsidiary said ratification of the agreement by
        56 words
      • Article
        Lufthansa offers free flights
        79 34 NEW YORK Deutsche Lufthansa AG said it is offering one free economy class round-trip to Germany for any passenger making one first class or two business class round-trip trans-Atlantic flights between Nov 1 and March 31. This applies to travellers departing from the airline's four eastern
        79 words
      • Article
        A310 jet gets Soviet certificate
        89 34 PARIS European aircraft maker Airbus Industrie said its A3lO twin-engined widebody airliner had received a type certificate from the Soviet State Aviation Register. The fournation consortium said it was the first Western-built aircraft to receive such a certificate. It said Soviet airline Aeroflot has placed
        89 words
      • Article
        Pakistani fighter plane crashes
        49 34 ISLAMABAD A Pakistan Air Force (PAF) fighter plane crashed on Sunday but the pilot ejected safely, an official statement said. The crash occurred near Attock, about 60 km west of here, during a training flight, the statement said without mentioning the type of the aircraft.
        49 words
      • Article
        Estimates for Delta Air cut
        69 34 CHICAGO First Boston Corp analyst Paul Karos said he had cut estimates for Delta Air Lines Inc and does not recommend buying the stock. He cut fiscal 1992 ending in June to a loss of US$2.O5 a share from a previously estimated profit of U552.25
        69 words
    • Article, Illustration
      Lock icon Aiming to be Baltic air hub
      1274 34  -  Several Western airlines are more than ready to help newly independent Baltic republic Latvia form a national airline. But the country's ambitious plan may be stalled in more ways than one, reports David Rohde David Rohde NYT IN THE two months since Latvia gained
      NYT  -  1,274 words
    • Article
      DAILY FREIGHTS
      606 34 TIME-CHARTERS on Friday featured in an otherwise quiet freight market, brokers said. The Baltic Freight Index rose two points to 1,649, mostly on bullish sentiment in the Atlantic after talk of Soviet fixtures and expectations of Canadian/Soviet grain deals. A modern panamax for up to a year's trading
      606 words
    • Article
      THE SHIPPING GUIDE
      9646 42 1 his 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
      9,646 words
    • Article
      SHIPPING AGENTS
      3299 47 A Am.Bt ontainerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel 1 iner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte
      3,299 words
    • Article
      COURIER SERVICES
      256 47 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswifl Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies ft Services
      256 words
    • Article
      AIR FORWARDERS
      1538 47 mil liU m Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-803lFax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74,
      1,538 words
    • Article
      PORT CONDITIONS
      3471 48 ARGENTINA Argentina labour situation normal this week. Buenos Aires: Due to 3 basins occupied as a result of Unitas exercise, there was some congestion last week but situation returned to normal from Oct 19. By Oct 21 most berths were busy but without congestion. San Ijoreiuo: Five vessels
      3,471 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      924 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Samitral: 75,200 dwt and built Sept 1977 Cockerill, trying for U5511,500,000 including balance of Bocimar charter till Dec 1992, about 3 months at USSI 1,500 per day. Agia Dynamis: 69,107 dwt and built
      The information was contributed by Simpson Spence & Young  -  924 words
    • Article
      AIR FREIGHT SCHEDULE
      556 48 ARRIVALS Op Might Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 01 SO 1 SEL JAL JL6I7 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA
      556 words
    • Article
      CRUISE & FERRY SCHEDULES
      467 48 CRUISE FERRY SCHEDULES vmmmmmn I.I wuui WOWHT.'OWK CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent OCT 30 30 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson NOV 01 03 04 05 07 09 10 11 II II 13 13 IS 15 01 03 05 05
      467 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        579 49 Vwsd Voy No Berth Arrival Departire vessel Voy No Berth Arrival Departure Marina Terminal 1 Susanna SU022 2910 1500 30 10 0600 Batam Baru B101 M05 alongside 28 10/2300 Trans Fjord 215A P03 2910 0700 30 10 0200 Batam Sayang *****1 M03 alongside 29 10/2300 Xiangjiang 75
        579 words
      • Article
        IN MALAYSIAN PORTS
        231 49 johore Port Berth: 1: nil; 2: Santos; 3: nil; 4: Wan Ling; 5; Barge Rainbow HI. Exceed No 2; 6: nil. Oi jetty: Team Bofga, Aurora Sky. DCi: Kyoei Maru No 1. Due on Oct 28: NCC Najd. Nur Marina. Johan. Bangramard. Johan HI. Barge Josindo Satu.
        231 words
      • Article
        CONTAINER SCHEDULE
        940 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From ACX Jade 56A 30/1500 2 28/1700 29/0659 29/0900 3 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 ACX Lotus 188 29/1800 1 28/1500 28/1659 28/1900 Ad Goncharov 58SI91 29/2100 1
        940 words
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      Lock icon Airlines set to face US$4b loss this year, says Iata
      408 50 Gulf War still affecting industry Reuter NAIROBI The Gulf War is not yet over for the world's airlines, who face combined losses of up to US$4 billion (SS6.B billion) on scheduled services this year, officials said ahead of the industry
      Reuter  -  408 words
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      Lock icon Loss-incurring Isuzu turns to GM for help
      582 50 Production down 16pc, talk of president being replaced NYT TOKYO As if General Motors Corp doesn't have enough trouble these days, its closest partner in the Japanese auto industry, Isuzu Motors Ltd, is running a huge operating loss, appears ready to jettison its
      NYT  -  582 words
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      Lock icon Sailors caught in typhoon rescued from sinking ship
      242 50 AP MANILA Typhoon Ruth, the strongest storm to hit the Philippines this year, continued to lash Manila and northern Luzon yesterday with winds of up to 220 km per hour. Three people were reported dead. Fourteen Filipino and four Japanese sailors were
      AP  -  242 words
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      Lock icon Rescued crew returning to NZ
      140 50 AFP AUCKLAND Thirteen crewman from a freighter which sank last Sunday in the South Pacific were heading to New Zealand yesterday, crammed onto the sloop that rescued them. The Celtic Kiwi, formally the Holmdale and registered in the Cook Islands, sank 300 kilometres north of
      AFP  -  140 words
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      28 33 Llm* and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Ship- wEzjMjJ ping Association. For advertisinx enquiries, contact Shipping Times: lei 740-2089/740-20' M).
      28 words
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      Page 33 Advertisements Column 2
      142 33 m j onagers ust I w lanage BT shows you how every Monday. a J I v>.' s ~y. 'i. A** **> c < -•s.*" I '-5 f- r > s, r-.-< >vf v. t. > M I '"A I i\ fe' V >-. p. Y t -1 SOME OF
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      51 33 Air Forwarders 15 A* Freight Schedule 16 Container Schedule V Courier Services 15 Cruse Ferry Schedules 16 Daily Frwghts 2 lnde« to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shaping Guide 10.11 Shpsales/Tar*er Rates 16 Ships in Port 17 Singapore Tries 17 Transport Diary 3 Weather and Sea Conditons
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      97 34 X S -^^Jr I It could be a controversial deal between two stock J/ market stars, a thought-provoking report by m( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the
      97 words
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      2316 35 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL *****11 FAX *****09 All WWW BOOKINGS TEL *****34 *****68 ITCmil W TERMINAL/CFS TEL *****18 -220 I VW9I PESAKA JARDINE SHIPPING AGENCIES SON. BHD A PORT KELANG TEL: *****18 FAX *****91 367? 788 KW PENANG TEL *****4 FAX *****1 CFS TEI *****6
      2,316 words
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      Page 35 Advertisements Column 2
      3541 35 ■E3MW TWO SAILINGS TO USA SEALAND MARINER V.124E ETA 4/11/91 MAYVIEW MAERSK V.9202 ETA 5/TI/91 Vessel Voy ETA ETD Feeder by DESTINATIONS Merkur Delia lo This week Madison Maersk 9104 »/io 0300 HRS ■■■■■■VVPVHVBIBVHNfIBIMIIiIiHMMIIfIMIIIWHH CFS 29/10 1900 HRS Ketang Penang OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC
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      1048 36 ROTTEDAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KATSURAGI 08/143 31/10 23/11 19/11 18/11 THAMES 08/343 3/11 20/11 22/11 25/11 26/11 LA SEINE 21/144 7/11 30/11 26/11 25/11 mi wnniniim HANNOVER EXPRESS 05/344 10/11 27/11 29/11 2/12 3/12 pniTKri kMiL PTMINr HONGKONG EXPRESS 04/145 14/11 8/12 4/12 3/12
      1,048 words
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      Page 36 Advertisements Column 2
      717 36 SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IMPERIAL 2901E8 25/H 11/'2 14/12 20/12 AISO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DtftECT CHILE/ SOUTH AMERICAN SERVICE SIN 100 ANF VAP CLX IMPERIAL 2901E8 25/11 3/1 5/1 10/1 11/1 ALSO ACCEPTING CARGO TO ARICA.
      717 words
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      Page 36 Advertisements Column 3
      1550 36 sm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCI HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) NOKASIA SUN 9134-3 03/11 25/11 27/11 29/11 30/11 31/11 02/12 01/12 02/12 NORASIA PEARL 9135-3 10/11 02/12 04/12 05/12 07/12 06/12 08/12 07/12 08/12 NORASIA
      1,550 words
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      1966 37 Steamers Maritime Holdings Ltd mm STRAITS SHIPPING wsk Containers ley Ms nil M Hon, #Fkl S port M| Sou Ant Dot t»| I LED* MAtRS* 9112 25/10 27/10 27/10 Jl/10 14/11— 17/11 IS/11 20/11 ACCEPTS DUE SAR.S HOOR.OON MY 0570 30/10 27/10 02/11 19/11 21/11 23/11 CARGO I UMA UACRSA
      1,966 words
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      Page 37 Advertisements Column 2
      2015 37 TO: U.B.AJPANAMA FM: U.8.A./PANAMA «»fl/¥OT SP 0«« IG» CD fDI W Wl MYC WSMt YOT IBC M Ul M ICI OH SP ffWM «bim nm 2/n 2C/1I Wll t/lt 11/12 13/12 M/ 12 CHOYANG FRONTM MAI3C 11/1 13/» M/» 3R/I 29/11 CHO VANG PARK IF 144 »/ll J/12 4/12 IJ/12
      2,015 words
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      Page 37 Advertisements Column 3
      361 37 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR SENBOKU/ NAGOYA ASEAN TRADER Vl4 ETA SPORE SLD LOADING FOR SENBOKU/ NAGOYA/TOKYO BAAB ULLAH V 8 ETA SPORE 28/10/91 LOADING FOR OSAKA/TOKYO COSMIC LEADER V 5 ETA SPORE 2/H/91 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILIWGB KK SPORE PK PI DBN CT GLOBAL SEAHORSE
      361 words
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      578 38 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/WT [STOi RDAM/UMM H'BURfi BREMEN ANTOW MMYA/3MI 4/12 8/1 12/1 1«/1 21/1 FAST TRANSIT TIME ACCEPTMO BREAKBULK/CONTAINERISEO CARGO Subt*d to lnduc*m«nL A too accepting cargo to Casablanca, Port Said, Port Alexandria. Oonoa, Trloato ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CAftQO VIA T/S TO
      578 words
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      Page 38 Advertisements Column 2
      1217 38 HANJIN SHIPPING 11 11« **********| ft* *Sl I S«l II ME HAUL LGB OAK FW WL M UK HAUL !M U NYC HANJM HONGKONG 031E 30/10 ORECT 18/11 ?1/U FISHGUAAD BAY 104N 5/11 H YOKOHAMA 036E 12/12 13/12 15/12 HANJIN ROTTERDAM 016E 4/11 ORECT 25/11 27/11 HANJIN CHEJU 075E 12/11
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      Page 38 Advertisements Column 3
      54 38 I REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANBARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS OPERATORS OP CAROO VESSEL, TUGS BARGES SPECIALISE IN WAVY-LIFT, PROJECT CARGOES TO ALL INDONESIA, MALAYSIA. THAILAND, MHJPINB PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUGS h BAROES. TEL: *****26 FAX: *****63 INDONESIA:
      54 words
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      Page 38 Advertisements Column 4
      1258 38 v j -J T -J gqrm InawwcatasnawTOKNETacTTOuucifißMinrciMMMiainfiaEnDciam w I GMNT HMS 20/11 10/10 4/11 VII 7/11 10/U 11/U 11/U 14/11 15/11 17/11 21/11 11/12 12/12 13/12 22/12 21/12 25/12 2»/12 21/12 7/1 17/1 21/1 22/1 I WTIT K4» (/II 7/11 12/11 11/U IS/U 11/11 U/ll 21/11 22/11 21/11 25/11 1/12
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      1897 39 3 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 ■■PWP NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.
      1,897 words
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      Page 39 Advertisements Column 2
      1070 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 EASTBOUWD—QgCHMWaWG WESTBOUW)—IOWtt TRAMSHFPED VIA ROTTERDAM man ¥Ot |m« |«c dot law |r»i |kc |bhv |u |«tm
      1,070 words
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      1228 40 K**— M ICR No: **********0 M) —in AS AGENTS: KAWABAKI SINGAPORE (PTE) LTD I W V TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MV M R_yi Pi MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T BARANA
      1,228 words
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      Page 40 Advertisements Column 2
      228 40 Continental Pacific TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU JTOK P* 10AWNG f<* SHBUM 94 Sd STI/ROT/MT/FIU/W ANANGEL FO*TIM SM h Pt «OT/«NT/FIU/W NAN Gt HAI 5/U 10/11 Sm/WT/ART/flll/UK Loxh SMi/Mmn MULTIPORT AGENCIES (S) /On PTE. LTD. UV TEL: *****77 FAX: *****31 MfJ/ P.K. MULTIPORT SDN BHO. TEL: *****09 TLX: MA
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      Page 40 Advertisements Column 3
      125 40 IS'pore P Kelang Loading for I THALIA 30/10 2/11 Rdm/Atw/UK/Nantes/B Valencia REGAL EXPLORER 15/11 IS/11 Rdm/Atw/UK/Nantes [Spore Loading for I SEA DIAMOND 5/11 Hodeidah/Jeddah/Aqaba I TALANA 5/11 Dubai/Bahrain/Oammam I IS'pore Loading for PAN MARINER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden OCEAN GOLD Los Angeles/New Orleans/ I Charleston/Norfolk/Camden •Loads Indonesia M IS'
      125 words
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      Page 40 Advertisements Column 4
      764 40 VS PHIU-OMCNT UN€S PTC LTD i 108 Robinson Road #07-00 GMQ Bußdlng Singapore 0100 Tal: *****22/*****69/*****00 Talax: RS ***** PHJU FAX: *****7******36 by air, land or 5ea..... WE TAKE ON THE WORLD FOR YOU flrtf MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 31 OCT DUBAI. DAMMAN SHARJAH, DOHA, 5 NOV MUSCAT.
      764 words
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      Page 40 Advertisements Column 5
      409 40 GOLDEN LINE \yT>% GUAN GUAN SHIPPING \rO<\ (PTE) LTD 1 a. Toiofc Aver Stroot SINGAPORE 010* TEL: S34JM (10 LINES) Fai: S343SM (CR No unnssaaw) maBMHM ouLf mna S port P Ketone Pe«M| SOU** ran CotaßOo Karachi Dub* 1/10 Ite GOU» HAVEN Cotomho Karadk Oubai H it Mm CKPIA B3g
      409 words
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      1257 41 PACIFIC INTERNATIONAL LINES (PTE) LTD S3ss? V Jv flu PIL Building, 140 Cecil Street #03-00, Singaporeolo6. I JAKARTA I I BANGKOK I VESSEL VO* SIN JKT SIN VEBSEL VOV SIN BKK SIN EDEN 441 30/10 2/11 S/11 KOTA SURIA 9109 1/11 4/11 t/11 EQUATOR MAS 21N 30/10 1/11 «/11 JENLINK
      1,257 words
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      Page 41 Advertisements Column 2
      1059 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint HjA 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 Bunga Pefmai' 386 29/10 15/ It 16/11 18/11 19/11 Toyama 386 31/10
      1,059 words
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      Page 41 Advertisements Column 3
      497 41 M MYANMA Wttk FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) Spore PKIf Pon PMf PAGAN Vl76* 30/1 Mo* MERGU VIIOW J/8 Mo* THE BANK UNE (A Mrvlco oI Andrew Weir Shipping) VT SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA HEW GUNEA I SPORE FOR
      497 words
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      751 43 anDutchy 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY! FtgDga WtWl MUWO PgMANO OCEAN WMR %M LI HAVWE<I) ffOABHI) BHAMrTOWQ) KWW(<) O'ftUWO Wafa/W BNm 72/1# 25/14 17/14 24/14 fvmm/M 29/10 14/11 15/11 17/11 14/11 $»•)*/N Bhun 27/14 29/14 24/14 24/14 tayaaia/M4 31/14 22/11 Sania/W Km 27/14 29/14 24/14 24/14 K«ri|M/J94 4/11 21/11
      751 words
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      Page 43 Advertisements Column 2
      661 43 WEEKLY, FIXED DAY, DIRECT CALL Ngßjpyg FROM LA SPOIA. FOS,BARCELONA Nedlloyd Lines oamietta, jeddah to Singapore fNEWTEAIAIIO/FUI VESSEL Jkt fJlj -Pen *8U Sn STwya Auckland Fiji(A) HP>|—«»(*) Timani Lytteltan(B) Dm*(B) Mapiar IhCnftan(C) Tawanga N Rouen/9124S 27/10 In Pt 21/10 21/10 24/10 27/10 11/11 23/11 13/11 14/11 15/11 15/11 16/11 17/11
      661 words
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      721 44 TO AUSTRALIA/NEW ZEALAND Wt S*n Fr«#n 1 1Mb Tj»d [Tuck INM 7~CHAIM HAKIM* I 2SI It/11 72/11 27/11 2/12 1/12 9/12 11/17 EUiN M 2*2 1/12 »/12 14/12 11/12 24/12 27/12 BKUSSn 213 I//12 26/12 31/12 t/1 Ti/l TsTl C KROIMI 214 3/1 10/1 15/1 1»/1 21/1 HTI TO USA/CANADA
      721 words
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      Page 44 Advertisements Column 2
      952 44 EXPORTS IO HONGKONG! TAIWAN. MAIM.A APAN TWICE WEEKLY MALACCA STRAITS SERVICE OUTBOUNO VOY HU. PEN KI SM m HKG KAO KEE TTO SMZ HGO KOB II VESSEL VOY |«N PKL PtN BLW Stt ISA CHORUS 258 *25 10 30 10 2.11 5.11 Ml 12.11 13.11 14.11 ACI lAO€ 56A 30
      952 words
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      Page 44 Advertisements Column 3
      1473 44 nSt wwwwwir*] N CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINKR SERVICE MALAYSIA'S AfiENTS SINGAPORE'S GENERAL AGENTS KJOKSIAS AGENTS: CHUNG CHIAO costar SHIPPING PTE LTD PT. GLOBAL PUTRA Timt IE: *****00/226U33 INDONESIA MARITIME PfNAMG TEL S»4l M MA ***** TtLEX: RS 26*30/1 COSHP KT IE: (021)*1«37. *****4 KNM6 -1U «QMI TU
      1,473 words
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      467 45 BUSAN "EVER GIANT" RE-045 KEELUNG "SEA RANGER" 422 KAOHSIUNG "TSK CHORUS" 258 HONG KONG "JAPAN SEA" 131E ACCEPTING CARGO TILL 30/10 NOON CALL US NOW! FAST DIRECT REGULAR SERVICE TO INDONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA ETD LOADING FOR DELI INDAH In Pt 3110 91 PR BALAM LAMPUNG JAYA In
      467 words
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      Page 45 Advertisements Column 2
      509 45 (gjl RICHFIELD MARINE A6ENCIES (S) PTE LTO a TEL: *****33 (12 Line*) m FAX: *****15/*****03 ItXJJ TELEX: RS ***** RISHIP (3 Lines) PiT\ ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA ILOADING FOR SPORE ANDINET 25W8 30/11 DARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 27W8
      509 words
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      Page 45 Advertisements Column 3
      951 45 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD eta en cm SPORE POUT KELANG PENANG Blue lUK Sailed Soled loading for Male •UVAI HUDHU 31/10 loading tor Calcutta DOirMN 5/11 Sailed loading for Male HOKE* SUPREME 31/10 28 10 loading For Male DONAKULH 5/11 Loaded Foe Fetrwaru PtOGMSS IBEATY 14/11
      951 words
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      Page 45 Advertisements Column 4
      804 45 JAKARTA BANGKOK mm wt m m vran. wr mmm smmer(| DASA ENAM 73$ 30/11 2/11 JARU BHUM 1W In Pt 29/10 Fri 1/11 BHUM 1111 HARI BHUM* 07N Thur 11/10 Sun 3^ll EAGLE WIND 139 3/11 8/11 AHA BHUM U6S 9/11 12/11 NANTA BWM 64N Thur 31/10 Sun 3/11 SURABAYA
      804 words
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      Page 46 Advertisements Column 1
      1144 46 MAC-NELS S'PORE IMPORT: *****02 PENANG: (04) *****6 SIBU. (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SIN I PEN PK sw Colombo 5/11 6/11 7/11 5/11 6/11 7/11 Ldn/Fli/Rdm/Ant Durban/Pt Louis 6/11 7/11 8/11 4/11 5/11
      1,144 words
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      Page 46 Advertisements Column 2
      54 46 BiS Orient Pacific Services (S) Ljbjj! Pte Ltd DIRECT SERVICE TO WEST AFRICA SIN LOADING FOR VANNIS M 3-7 NOV Lagoa, Abidjan, Nouakchott •A' VESSEL H DEC Lagoa, Abidjan, Nouakchott A UREA 10-12 NOV Manila, Batangaa 80, Marin* Parade Road #08-15 Parkway Parada S pore 1544 Tel: *****11 Fax: *****11
      54 words
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      Page 46 Advertisements Column 3
      350 46 blue star line TO FROM 1/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm NPI Ml LYT s»« MAHSURI 0506 30/10 S/ll Vl* m. »/ll »/ll PftOSPfCT 15$ 9/11 19/11 W* JJH- 21/11 »/12 MANDAMA 050* 19/11 30/11 VIA NPI 2/12 29/12 FULLY CONTAINERISED SAILINGS
      350 words
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      Page 46 Advertisements Column 4
      1202 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT IET* jPEST VESSEL VOT SPORE P. KEIAt~
      1,202 words
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      129 49 ■Silfliil ;^F &|Hk k v^H pPv i|lfeV IiBIsI Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money Essential information accessible every business day through Business Times. In the
      129 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      328 49 TIDES AND WEATHER trr-rmf»MWWT-nti" mr> «ii» n>im r-»wm»ij ir.. v -rti-wan-arowy, —-nun- ri—nnrm ~ciiw<«MajMuiiii j. i ulj TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 **********00 1500 1(*****01(*****0 **********00 2300 JR 13 18 21 2 3 2 3 21 1 7
      328 words
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      849 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUWP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PGP PKE I SIN Ll* HAUL VOY KAO LBH OAK St* Lit HAUL VOT KAO TCM/SEA PTI MMG CHUN *132 21/10 22/10 24/10 H PIONEER 44E 1/11 11/11 21/11
      849 words
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      Page 50 Advertisements Column 2
      220 50 |jgg| PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vessel Voy eta eta ela Sin Surabaya Jakarta Bontang Pacific 8B 31/10 03/11 Tanto Utama 203 02/11 05/11 Nusantara Pacific 1B 04/11 07/11 Bontang Pacific 9B 07/11 10/11 Tango Utama 205 10/11 13/11 Also accepts LCL FCL to Surabaya
      220 words
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      Page 50 Advertisements Column 3
      711 50 CHARTPOINT Every Saturday in Business Times r 1 FCL LCL Services To i I B i W i m M i ■I•AVA m T M A V Fw 1 v M B V 1 IV I V W Fix Thursday Sailing j (~T^^^3r7STCTn«iF/pT*pT?7-TITTiTST*W7rTiTS^B ■Mi 4 jvfwll/lf•ITMI/m'iri//irill■.^71'i'/ SIN JKT PKL PEN
      711 words
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  • Investing '91
    • Article, Illustration
      Lock icon Untitled
      254 51 ON A CLEAR DAY, they say you can see forever. But world market conditions these days are so clouded by political and economic uncertainty that the investment outlook is as murky as the view from the top of the mighty Westin Stamford on a hazy day. You may have the
      Photo by Chris Loh  -  254 words
    • Article, Illustration
      Breathing space in a slowdown
      2137 52  -  James Bax tells us what we can expect of the Asean stock markets in the next two years or so James Bax The writer is managing director of Baring Securities (Singapore) Pte Ltd STOCK markets in the Asean region have suffered sharp corrections in the
      2,137 words
    • Article, Illustration
      From forex dealing to securities broking
      1099 53  -  Goh Hiang Fong and Irene A L Tan examine Singapore's non-traditional commercial banking activities Goh Hiang Fong, Irene A L Tan The writers are from Lum Chang Securities Pte Ltd The growth in non-tradition-al commercial banking activities for Singapore banks will eventually transform them
      1,099 words
    • Article, Illustration
      Lock icon M'sia poised to benefit from global upturn
      1442 54  -  Malaysia is unlikely to see any future shocks. On the contrary, everything seems to be in its favour. Ooi Sang Kuang, writing from Kuala Lumpur, recommends some good buys Ooi Sang Kuang The writer is the executive vice-president of research at Rashiil Hussain
      Source: Rashid Hussain Securities  -  1,442 words
    • Article, Illustration
      Pick of the crop
      1355 55  -  Quek Chin Kheam looks around and recommends six stocks with defensive qualities, strong management and favourable operating environment Quek Chin Kheam The writer is associate director at OUB Securities Pte Ltd THE recent market setback, which saw the Straits Times Industrials Index fall from a peak
      1,355 words
    • Article, Illustration
      A mellowing of mood
      646 55  -  There is a whole list of good reasons why investors should not buy shares now. But Alan Wang believes that the situation is not all that gloomy Alan Wang The writer is the research manager at Kim Eng Securities IT SEEMS to happen every year around
      646 words
    • Article, Illustration
      Lock icon Which green is greener? Which green is greener?
      2278 56  -  Choosing the right club to play at is as tricky a task as choosing the right club to play with, reports Kooi Cho Teng Kooi Cho Teng The writer is a BT journalist GOLF in Singapore is much more than a game.
      Illustration by Ben Cruz  -  2,278 words
    • Article
      Looking to debt securities
      1808 58  -  Tan Mong Tong argues a case for putting your money in fixed income debt securities Tan Mong Tong The writer is the Managing Director of NDC Merchant Bank INDIVIDUAL investors in Singapore had traditionally skewed their investments towards equities and properties, or leave their nest eggs
      1,808 words
    • Article
      Food for thought
      1116 58 Fraser Roach Co looks at the prospects of the food and beverage industry in Singapore THE food and beverage (F&B) companies in Singapore have come a long way, with two of them Fraser Neave and Cold Storage Holdings starting operations as far back as the early 1900s.
      1,116 words
    • Article
      Lucky draws: icing on deposits
      564 60 Some banks, however, find them ineffective WITH 35 fulllicensed banks and 27 finance houses chasing the money of a small population like Singapore, local. depositors have learnt the years that banks are willing to go that extra mile to win their money. After all, the
      564 words
    • Article
      Fixed deposit rates likely to soften further
      1130 60  -  Falling rates are in line with world trend. It's time to lock into higher rates with longer maturities, says Sylvia Wong Sylvia Wong The writer is a BT journalist INTEREST rates in Singapore are coming down, and this is bad news for individuals
      1,130 words
    • Article, Illustration
      New share issues: to buy or not to buy?
      812 60  -  DBS Bank offers some tips on picking the winners DBS Bank THE STOCK Exchange of Singapore attracted a record number of 15 public listings last year. To date, another 10 new share issues have been launched. Most of these public offerings
      812 words
    • Article, Illustration
      Understanding unit trusts and mutual funds
      1346 61  -  Unit trusts and mutual funds are pain-free investments which offer several benefits over direct investments in stocks and bonds, write Steven Law and Chris Chin Steven Law, Chris Chin Steven Law is the managing director of Fidelity Investments Singapore; Chris Chin is the Senior
      1,346 words
    • Article, Illustration
      Private housing: an unorthodox view
      1670 62  -  Market talk has it that there will be a massive oversupply of residential property in five years' time. Chia Yew Boon thinks otherwise Chia Yew Boon The writer is a senior investment analyst at Crosby Securities THE MUCH talked about glut in private residential property
      1,670 words
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      Lock icon Electronics elite
      1037 63  -  Japan's successful foray into the electronics business is stupendous by any standard. Shigeki Makino and William Ebsworth, writing from Tokyo, look at how one can take advantage of the industry s success Shigeki Makino, William Ebsworth Shigeki Makino is a research analyst and William Ebsworth is acting Director
      Source: Fidelity  -  1,037 words
    • Article, Illustration
      Lock icon Hongkong market remains bullish
      1057 64  -  The Hang Seng Index could reach a high of 5,000 points by the end of next year, writes Philip Niem from Hongkong Philip Niem The writer is the research director of Hoare Govett Asia Ltd THE BEST performing stocks in Hongkong this year include all the
      Source: Hoare Govett Asia Ltd  -  1,057 words
    • Article, Illustration
      It's time to pick up some NZ assets
      1043 65  -  While New Zealanders are investing overseas, foreign investors are buying into their undervalued equity market. And rightly so, say John N Rowley and Paul Dyer, writing from Auckland John N Rowley, Paul Dyer Mr Rowley is a principal of Buttle Wilson, New
      1,043 words
    • Article, Illustration
      From a strategic viewpoint
      1564 66  -  The Standard Chartered Equitor Group examines investment prospects in Asia Standard Chartered Equitor Group Standard Chartered Equitor Group is the global, fully integrated financial services division of Standard Chartered Bank Group THE WORLD'S bond and stock markets went through a turbulent period in the past 18
      1,564 words
    • Article, Illustration
      A wealth of resources to tap
      902 66  -  Vietnam's commitment to its open-door policy has been reinforced by significant changes at the government levels. Jen Shek Voon picks out the key sectors Jen Shek Voon The writer is director of Ernst Young IndoChina Ltd VIETNAM, with its rich and diverse cultural and
      902 words
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      Insuring a comfortable retirement
      1040 67  -  Retirement is more than just ceasing to engage in gainful employment. Unless the retiree is financially independent, he or she may have to cope with the psychological problems associated with the loss of self-esteem. A J Pathmarajah views insurance savings programme as one way towards realising
      1,040 words
    • Article, Illustration
      Only one way to go for the C$ — up
      1068 68  - Only one way to go for the C$ up A strong US recovery and Canada's anti-inflation programme spell good news for the Canadian dollar, says E P Neufeld, writing from Toronto E P Neufeld The writer is executive vice-president, economic and corporate affairs, at Royal Bank of Canada IT'S no
      1,068 words
    • Article, Illustration
      Close cousins who behave differently
      1076 68  -  The NZ$ and the A$ may appear to be twins, but they are certainly non-identical twins, says Donal Ciirtin Donal Curtin The writer is the chief economist of Bank of New Zealand Think back, if you will, to your schooldays. If your English teachers were
      1,076 words
    • Article, Illustration
      Lock icon Enter at the right price and time
      763 69 The Hongkongßank Singapore Treasury examines some of the common misconceptions aoout currency investment and selects a few of the more attractive investment opportunities Once, there were three investment experts: the first always knew what to buy, the second knew why to buy them,
      Charts by TeleTrac  -  763 words
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      Getting smart on the currency game
      1240 70  -  Anthony Lee shows how to minimise the risk in foreign currency investment Anthony Lee The writer is a vicepresident general manager, consumer financial services, American Express Bank IT HAD RAINED all week, and the folks at the office were complaining about how the temperature
      1,240 words
    • Article, Illustration
      Something solid to fall back on
      972 72  -  Investing in property seems rather complicated and cumbersome compared with trading in equities. Willy Shee highlights some common concerns raised against direct property investment and discusses the positive role of property in portfolio diversification Willy Shee The writer is managing, director of Richard EllSr.
      972 words
    • Article, Illustration
      Realising your ambitions
      1110 72  -  Gregory Delany gives some advice on how individuals, with a fixed amount of money, can invest on a regular basis Gregory Delany The writer is US tax director of an international accounting firm. Financial planning is an often misused and misunderstood phrase. It can mean deciding which
      1,110 words
    • Article, Illustration
      The challenge to become truly global
      1293 74  -  Are the days of the global custodian limited? No, says James Hockley, if the custodian of tomorrow is prepared to meet the growing demands of the user James Hockley The writer is Asia global custody manager, Chase Manhattan Bank THE global custody business has
      1,293 words
    • Article
      The able investment manager
      956 74  -  Jordan Black takes a look at the key concepts behind the philosophy of investment management Jordan Black The writer is chief investment officer (Asia Pacific), Chase Manhattan Bank THE IMPACT of worldwide deregulation and "real time" communication networks has created a global investment environment that is
      956 words
    • Article, Illustration
      Enter the executive express
      1150 76  -  Two litres or three? Japanese or Continental? These are but some of the tough decisions senior management have to make when choosing a car. To help them out, Jeffrey Tsang lists a few pertinent points Jeffrey Tsang The writer is a motoring enthusiast BUYING a car
      1,150 words
    • Article, Illustration
      A glittering prospect
      1050 77  -  Gold prices are expected to stabilise before going into an upward spiral due to a favourable supply-demand situation as world •production levels fall. Jonie Lai gives reasons for her optimism Jonie Lai The writer is manager (South-east Asia) of the World Gold Council NVESTORS would be well
      1,050 words
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      314 51 CONTENTS Stock recommendations Analysts' shopping and reject lists Pages 2-5 M j HJ| J§ H»h Hole in one Which green is greener? Pages 6-7 Falling interest rates BTs special survey on who is paying what. Page 10 Residential properties To buy or to sell Page 12 Land of the rising
      314 words
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      389 52 TEAC-One of the most prominent fT names in high quality audio, BhWWBI instrumentation, videodisc recording A ■ES3H mmmm and playback systems. Also the M J g computer industry's largest supplier t g Vjj both floppy drives, TEAC _«3 '"BBBBBUi employs over 35 years of expertise S provide reliable, qulaity products
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      218 53 Mmm& P r *J IPC Poria-PC The Indispensable Tool Foe Today's Demanding Executive A truly mobile PC. the IPC Porta-PC packs an amazing 32-Bit computing power (20Mhz) in its small A 4 size profile and is only 2.2 kg light. /j^ C J.J^ Use it on the move or in
      218 words
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      173 54 1 y Sb is ■nßnnni I S-C ~:TrS I P x < I i i l <*** I I WHEN YOU NEED THAT COMPETITIVE EDGE TO SUCCEED IN WORLDWIDE FINANCIAL MARKETS. I An eye for detail A razor sharp mind of a .strategist An advantage made stronger by the assurance
      173 words
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      102 55 ■pu tVT«-*4r RF xIL,., v HBHP nil rtr We've got what It takes to drive your investments At UOB Securities, we've got the expertise and professional services you can ride on. Because time is of essence in the stock market, our quick responses can make every difference. Just leave it
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      157 56 Twenty-three storey office 9,000 sq.ft. coluinn-ftee building clad in blue and ipc 3 i space per floor silver I E u n| ps 1 Quality finishes Grand colonnaded I RB landscaped plaza with glass |jfi& \S§ 9 Reflected ceiling, raised feature pyramid and pool B 55® flooring, provision for ||p
      157 words
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      305 57 DBS Golf Assist. Joining an exclusive golf club is every golfer's applicants can apply for a DBS VISA Gold Card with the first aspiration. And DBS Golf Assist now makes it easy for you. year's annual fee waived. Golf Assist is flexibly designed to suit your financial If you earn
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      103 58 SOTHEBY'S FOUNDED 1744 u*dJum*JMi-lU?- L "'l'Kfltfll Jf<f i m TV 5 ;:v' V.< '*4r>S?- V- 1 "i" Fine Chinese Ceramics I A very rare and hne pair of famille-rose millefleurs bowls, Yongzheng marks and period, formerly in the Pierpont Morgan Collection Estimate: HK $4,000,000 HK $$,000,000 I IMPORTANT SALE OF
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      478 59 WE PRESENT A NEW DUTCH BANK THAT IS ALREADY 167 YEARS OLD. V v V* v -kih y#' Jm Hfl IH; W*w WF #n r'. V-,. A* INSTEAD OF TALKING ABOUT HISTORY, WE PREFER TO WRITE HISTORY. The merger between ABN Bank and Amro Bank has realize that business revolves
      478 words
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      364 60 Bank of New Zealand* Committed to bilateral trade. Bank of New Zealand...the natural choice for doing business between Singapore and New Zealand. Bank of New Zealand is the country's largest bank, and has been supporting New Zealand's international business for almost 130 years. Through its branch in Singapore and its
      364 words
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      150 61 oj t )ac from hustle and bustle your hectic schedule and let Multi Link make life simple and convenient for you. Multi Link. Multi-services in account, one bank statement. See H MM what a difference it makes. t Yvith specially P» V*'* If your income is $24,000 or more per
      150 words
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      384 62 BftHK WITH US 1 1 AND EVERY 3 MONTHS VOU COULD TAKE HOMi A FORTUNE. DECEMBER FEDRUARV 'D 2 MUCH If 1»T OUIITEI DRAW AMU D 2 MAf JUNE 12 2ND QUARTER DRAW JULY 12 AUDUIT D 2 lEPTEWIDER D 2 DBS $2 5 MILLION ln the DBS 2 5
      384 words
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      224 63 AT 152 BHP, Hflgjiß ALL THEY'LL SEE ARE Bil YOUR TAIL-LIGHTS. If you want a ride that combines the high-powered performance to its Supersonic Suspem.on (Duet-SS) and Muld-Link Rear Suspension. at high-speed, with minimal noise and lower fiiel consumption, of a 24-valve, (cylinder, twin cam engine with ergonomic design, The
      224 words
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      183 64 EXPRESS SHARE LOAN t Turn vourX'~k jj? x into instantly at m BAft Get cash on the spot for your shares for 1,2 or 3 months at 1.1%* per month. Scripless counters are also acceptable. Flat (discounted) HONG LEONG FINANCE LTD; Head Office Tel: *****33 Ang Mo Kio Branch Tel:
      183 words
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      278 65 We can help you succeed High Returns you can hedge against the political or economic We have the currencies you need. If you want high upheavals which can cause exchange rates to returns we can offer over 9% interest per annum, fluctuate unexpectedly. even for short-term tenures. Prefer something more
      278 words
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      442 66 FREE YOUR MONEY GET CASH FOR YOUR SHARES WITH DBS FINANCE Cash-for-Shares is a new loan service EASY AND SPEEDY COMPETITIVE INTEREST RATE from DBS Finance. It provides yet an- With Cash-for-Shares, your share certrfi- Interest rate is pegged at a certain perother way to turn your existing share cates
      442 words
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      756 67 WHY SOME PEOPLE GET RICH AND SOME PEOPLE DON'T. Wealth may come to those who wait, but it will come faster to those who critical. For instance, you could invest in a currency whose value you think' can't wait. will rise against the currency you've borrowed in. Or you could
      756 words
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      340 68 2 Million People Trust Us With Their Money. Why? Because we bring results. Around the world, our team of 180 fund Because around the world the Fidelity name managers and anal V sts embraces ,hc bol,om U P means investment success. Together, companies search approach. This means a company's within
      340 words
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      234 69 When your working day is Handsomely finished interiors are yet done, come home to a relaxing BARIf another hallmark; such as built'in PISH lifestyle at Park East. EASTJP. wardrobes, quafity ceramic and teak f pri parquet flooring and cool air'conditioned Unwind in cosy comfort in the East. Drive comfort for
      234 words
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      370 70 Great Eastern Life's Comprehensive Retirement Plan (CRP) is a unique I g investment plan that pays you a cash 1 V w lump sum PLUS attractive bonuses on 1 |/V WClv retirement AND gives you comprehensive J protection at the same time. TTAV 4 I 1 s a secure investment
      370 words
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      258 71 m 5 IN THE WORLD'S MOST ADVANCED LUXURY CAR THERE IS NO SUCH THIHG AS LOH6 DISTAHCE DRIVING THE BMW 7 SERIES. Driving for hours at a stretch Precise angles and distances have been calculated to luxurious interior of the 7 Series will be of great comfort, is unheard of
      258 words
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      244 72 pV" s j -v < s A well-established sub-contractor in Batam in assembly for electronic printed circuit board and related products since 1989 available with: An air-conditioned factory built in-area 1,000 sqm with ample spacious open area All relevant manufacturing licences from Batam authorities 250 well-trained experienced personnel workforce Highly
      244 words
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      148 72 FUTURES: An Investment Alternative In A Chaotic World Economy THE WALL STREET JOURNAL CALLS IT W THE HOTTEST NVESTMENT GAME AROUND'III m i.K Many stock market investors are finding #ie futures market more to their liking because of; I leverage Opportunity (or profits Poce of the futures gome In GOLDENYEAR,
      148 words
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      250 73 c WHEN IT COMES TO SAfETY INSURANCE, THE WORLD'S MOST ADVANCED LUXURY CAR PROVIDES AN OPEN DOOR POLICY *1 *>. M THE BMW 7 SERIES. Cosseted as they are, the Should the unexpected happen, the system takes only a that you are always given maximum support, no matter what occupants
      250 words
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      96 74 EXPERTISE EXPERIENCE JgW* ~Jm 4i y* #v j| A lr\fi-ll Kf I E fluil WM THE PEOPLE BEHIND YOUR INVESTMENT EDGE At SOFCOM, we have the expertise to help you take advantage of the money-making opportunities in futures trading. With a combined experience of over 40 years, our professional consultants
      96 words
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      36 75 mSUBARU ONE TEST DRIVE IS WORTH A THOUSAND WORDS. $63.500' B^^ssS3HßssSbß&<& J K^BP £5 Tj^r. JggJjJJ—iSiTfinir,:- '"'«!Sf 1 Mi Showroom/Workshop: Motorlmage Enterprises Pte Ltd, 25 Leng Kee Road, Singapore 0315. Tel: *****33. enterprises pt e ltd
      36 words
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      47 76 Eeny, meeny, from any for a car over the Subaru Legacy the Honda Mercedes-Benz Ml No doubt, engine size is an ,i *&lH important for the 'Executive car buyers category for comfort, size, safety 'executive to a lesser certainly the only manager Performance the agent for f
      47 words
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      23 77 —m I[JjENAULT's family i C 4« /Tr THE ST PRICE IP*® FROM. U*«V 24 Leng Kee Road. Singapore 0315. Tel: *****11 Fax: *****77
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      233 77 THE FIRST FAX OKI PLAIN PAPER FAX TO OUTPERFORM AVOLKSWAGEN When the Volkswagen was launched in Amenca in 1954 it did so with one simple headline "THINK SMALL" It took the very best of big car features and got rid of the very worst Including the pnce tag It revolutionised
      233 words
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      329 78 First in Honda First on the road 1 Saving lives Saving seconds The Honda SRS Airbag reacts in the blink of an eye to give you the best self defence (99 99% NASA reliability ranng) Active and passive safety systems surround the Honda Legend Solid reinforced cabin. Forked Floor design.
      329 words