The Business Times, 30 October 1991

Microfilm: NL17722
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, October 30, 1991 75*
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  • NEWS SUMMARY
    • Article
      Malaysian trade deficit down by nearly 60pc
      62 1 KUALA LUMPUR Malaysia's trade deficit fell by 59.2 per cent in August to MJ377.2 million from M 5924.7 million in July because of lower imports and slightly higher exports, the Statistics Department said yesterday. It added that the deficit was, however, slightly higher
      62 words
    • Article
      Poland's communists hair's breadth behind
      64 1 WARSAW Poland's excommunists, chased from power by Solidarity two years ago, edged to within a hair's breadth yesterday of again becoming the country's biggest political party. With just 500,000 more votes to be counted from Sunday's parliamentary elections, the ex-com-munist Democratic Left Alliance was less
      64 words
    • Article
      The good life
      24 1 THE message that quality work can earn a quality life will be the approach of this year's productivity campaign Page 2
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    • Article
      Ikea building flagship
      38 1 THE IKEA furniture group will develop a site next to the SAF Reservists Association (Bukit Merah) building, at the junction of Alexandra Road and Queensway, into a $70 million flagship store and warehouse Page 2
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    • Article
      M'sia to cool the boom
      34 1 MALAYSIA is expected to take steps to cool its booming economy, rein in inflation and tackle a large current account deficit in its 1992 Budget, analysts say Page 10
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    • Article
      No end in sight
      40 1 THE recession in eastern Europe shows no signs of coming to an end or even easing in the second half of this year, the Vienna Institute for Comparative Economic Studies said in a report Page 11
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    • Article
      Churchill's brew
      25 1 ARMENIA has been making fine brandy for over a century. Among its ardent fan is wartime British leader Sir Winston Churchill Page 15
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    • Article
      Jin Xing expands
      29 1 BARELY two months after building its own three-storey warehouse in Jurong, homegrown Jin Xing Group is planning for a second warehouse. Shipping l imes, Pg I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      46 1 US BLUE CHIPS faded after buying sparked by hopes of a credit casing gave way to quiet selling. "What's good for bonds is not always good for stocks," one analyst said. The Dow fell about seven to 3038. Gainers led losers five to four.
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    • Article
      Footsie lower
      38 1 SHARES were weaker at midday yesterday amid worries over the political outlook in Britain. At 1215 GMT, the FTSE 100-share index was 4.4 points, or 0.2 per cent, lower at 2,554.1. Volume was 283.1 million shares.
      38 words
    • Article
      A massive rights issue
      34 1 BATU Lintang Rubber Company Bhd is proposing to raise nearly half a billion ringgit through a staggering issue of 290 million new shares issue at M 51.50 each. Page 3
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    • Article
      Investors battle-weary
      30 1 CORPORATE battles often spark heavy speculative interest. But in the ongoing corporate tussle between Malaysia's Beijaya Group and MUI, the shares are being shunned by investors. Page 3
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    • Article
      Govt help for Fletcher
      29 1 FLETCHER Challenge Ltd (FCL) said yesterday it would require the New Zealand government to take up NZ$4O3 million (*****.8 million) in new shares. Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 692.56 2.05 Kuala Lumpur ....534.69 -0.74 Tokyo 25,140.61 238.89 Hongkong .4.000.05 11.45 Sydney 1,651.3 8.5 Monday Change New York ..3.045.62 40.7 London 2.558.5 43.8
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    • Article
      CURRENCIES
      24 1 Exchange rates uss SS 1.6995 100 Yen SS 1.2880 MS SS 0.6164 Money market rates Overnight 3 1/2 -1/16 3-month 3 14/16% -1/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS358.60 -USS0.90 Rubber S'pore Nov l40.50Vkg M'sia Nov 226.00*/kg unch -0.50 KL Tin Turnover 54 tonnes Spot MS 14.84/kg -I unch Crude palm oil Turnover 1,842 lots Dec MS862 /tonne 4 4
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  • Article, Illustration
    Lock icon Property developers and buyers play waiting game
    528 1  -  Mixed signals as residential market sees slower transactions By Elaine Koh, Colin Tan SINGAPORE While investors rushed to pick up un-der-rated property stocks in reccnt days, the same urgency has been missing in the residential market as both developers and buyers bide their
    Source: Knight Frank  -  528 words
  • Article, Illustration
    Lock icon Greenspan gives his gloomiest assessment of US economy
    423 1 NYT WASHINGTON In his gloomiest assessment since last winter, Alan Greenspan, the chairman of the Federal Reserve Board, said on Monday that the national economy had taken a turn for the worse. The economy is still growing slightly, he told a group
    NYT  -  423 words
  • Article
    KL current account deficit may be inflated by 30pc
    348 1  -  Error caused by double counting of service charges By Kooi Cho Teng SINGAPORE Computational errors may have causcd this year's Malaysian current account deficit to be inflated by some 30 per ccnt. The research team at newlyformed Keppel Securities has discovered
    348 words
  • Article
    Court ruling may invalidate HK bourse's EGMs
    446 1  -  From Catherine Ong in HONGKONG A RULING by a Hongkong court today may threaten the legal validity of extraordinary general meetings (EGMs) called by the Stock Exchange of Hongkong and possibly many other companies in the territory. It could also scupper a voluntary
    446 words
  • Article
    Lock icon US third-quarter GNP up 2.4pc
    197 1 AP WASHINGTON The US economy, beset by recession since the middle of last year, started growing again in the July-September quarter, rising at an annual rate of 2.4 per cent, the government said yesterday. It was the biggest advance in the gross national product, the
    AP  -  197 words
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      Page 1 Advertisements Column 1
      194 1 RK iGNAAvailable at leading tailors Aircraft Schedule 29 Law 17 Weather 29 Commodities 27 Money Market 28 World News 10 Company News 4,6 Regional News .10 For market indices, editorial, Cryptic Crossword 29 Regional Stock Markets 25 advertising and circulation ex Editorial 15 SES 18-20 tensions, can Business Times Fnancial
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      Page 1 Advertisements Column 2
      10 1 Steps to cool economy likfly in KL's budget, Pg 10
      10 words
    • Advertisement
      Page 1 Advertisements Column 3
      160 1 Vciffi'u A Highfashionfabricsfrom haty Available at all leading tailors How viable is the Concept Plan? ERA'S Concept Plan is ambitious, farsighted and, some say, flawed. Now that they've had a chance to digest the sweeping blueprints for living The Next Lap, developers, property consultants and academics give their views. Analysis
      160 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Skills training pays a lot better
        75 2 VOCATIONAL Industrial Training Board graduates with five years' work experience earn 17 per cent to 34 per cent more than their counterparts without skills training, the Min-ister-In-Charge and chairman of the VITB, Dr Tay Eng Soon, said yesterday. Speaking at the VITB graduation ceremony,
        75 words
      • Article
        Littlewoods in Singapore
        53 2 BRITAIN'S Littlewoods Organisation will officially open an office in Singapore on Saturday. The office will purchase clothing and consumer goods in Asia for Littlewoods' retail operation in the UK. The company, which has an annual turnover of about £2 billion, wants to hear from suppliers of clothing
        53 words
      • Article
        Turning over a green leaf
        92 2 THE Singapore Travel Industry Fun Run today will be a green affair. Participants have been asked to turn up in anything green, colourful or recyclable as the industry makes a statement on environmental consciousness. Prizes will go to the best runners, the biggest teams and
        92 words
      • Article
        Managing buildings
        59 2 NIPPON Paint Singapore and IRE Contract Services are jointly organising two half-day seminars on the maintenance management of buildings. The seminars today and tomorrow are aimed at building consultants, management corporations, town councils, statutory boards, managing agents and architects. They aim to raise the awareness of project management,
        59 words
      • Article
        Child-care personnel
        62 2 THE Ministry of Community Development is inviting applicants for the Early Childhood Care Education (Fundamental and Intermediate) full-time course. The latest intake will be the third since the course began in November 1989 and is part of the ministry's effort to increase the pool of trained personnel in
        62 words
      • Article
        Looking after the past
        84 2 THE National Archives, under the auspices of the South-east Asian Regional Branch International Council On Archives, is organising a three-day seminar on the management of architectural and cartographic records from Nov 6 to 8. Delegates to the seminar include representatives from the Asean nations, Vietnam, Australia,
        84 words
      • Article
        Corrections and clarifications
        172 2 IN Investing 91, published with yesterday's issue of BT, we said in the article Which green is greener that the entrance fee of Poresia Country Club was 5532,000. This is incorrect. The fee should be 5532,500. We are sorry for the error. IN BT's Oct 23 report
        172 words
    • Article, Illustration
      Translating quality at work into quality in life
      364 2  -  Focus of National Productivity Month By Colin Tan THE message that quality work can earn a quality life will be the approach of this year's productivity campaign. At a press conference yesterday to announce the official launch of productivity month by Prime
      364 words
    • Article
      Vietnamese Premier due for official visit today
      259 2 VIETNAM'S Prime Minister Vo Van Kiet arrives here today on an official visit at a time when Singapore is reviewing its ban on investing in Vietnam, but this will not be announced during Mr Kiefs visit. Mr Kiet is the highestranking Vietnamese visitor
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    • Article
      Trade in industrial machinery up
      265 2 SINGAPORE'S trade in industrial machinery grew by more than 20 per cent in the first eight months of this year compared with the same period last year, the Senior Minister for Trade and Industry, Lim Boon Heng, said yesterday. He gave the figure at the
      265 words
    • Article, Illustration
      Ikea building $70m flagship store/warehouse in Alexandra
      215 2  -  By Hong Lee Tiam THE IKEA furniture group will develop a site next to the SAF Reservists Association (Bukit Merah) building, at the junction of Alexandra Road and Queensway, into a $70 million flagship store and warehouse. Ikea Pte Ltd bought the 15,127.3
      215 words
    • Article
      The making of an SAF scholar
      357 2 SINGAPORE Armed Forces scholars learn at an early age to think and to think big, Defence Minister Dr Yeo Ning Hong said yesterday. "In their various appointments both in the SAF and beyond, they grapple with national problems, often in the context of a
      357 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      265 2 The Overseas Family School y /^ccepurjx opened on September 30th JSII with classes in all grades f 1 1 25F 9 f American British Curriculum leading to A US High School Graduation Diploma T |Yy Office G *t? International GCSE and British A levels JUBH. Entrance Meeting entry requirements for
      265 words
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  • COMPANY NEWS 1
    • Article, Illustration
      Batu Lintang in massive fund-raising exercise
      531 3  -  Company to issue 290 m new shares at M 51.50 each By William Chia SINGAPORE Batu Lintang Rubber Co Bhd, a once ailing property company which is undergoing massive restructuring, is proposing to raise nearly half a billion ringgit (about Ss3oo million) through a
      531 words
    • Article
      AMMB holding company to get M$114m assets
      309 3 SINGAPORE As part of its ongoing massive restructuring scheme, Arab-Malay-sian Merchant Bank (AMMB) is transferring its investments in four subsidiaries to a new holding company, AMMB Holdings Bhd (AHB), for M 5114.6 million ($70.6 million) in cash. In an announcement yesterday, AMMB said
      309 words
    • Article
      Lock icon Malaysia may build second LNG plant
      326 3 Reuter KUALA LUMPUR Malaysia, which already has the world's biggest liquefied natural gas (LNG) plant in capacity terms, may set up another plant to meet increased demand from East Asian consumers. Malaysia LNG Sdn Bhd (MLNG), a unit of the state oil firm Petronas,
      Reuter  -  326 words
    • Article
      How serious is MUI about the partial offer for Berjaya?
      509 3  -  THE HOCK LOCK SIEW COLUMN By Leslie Lopez KUALA LUMPUR Corporate battles often spark heavy speculative interest in the shares of the battling parties. But in the ongoing coiporate tussle between Malaysia's Berjaya Group and Malayan United Industries Bhd (MUI),
      509 words
    • Article
      HK-S'pore venture plans Cebu resort
      400 3  -  From Sangeeta Mulchand in CEBU TRANSASIA Holdings, a Hongkong-registered company with which Singapore's Kin Yuen group is a jointventure partner, plans to develop a US$3O million (about Ssso million) beach resort in Cebu, a Philippine province 500 km south of Manila. Speaking to BT in
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    • Article
      Lock icon Fujitsu's interim profit down 60pc
      261 3 AFP TOKYO Japan's biggest computer maker Fujitsu Ltd said yesterday that its net consolidated profit dived 60 per cent from a year earlier to 10.3 billion yen (S$ 132.6 million) in the six months to September. The company also announced lower-than-expected earnings for the parent
      AFP  -  261 words
    • COMPANY BRIEFS
      • Article
        KZ Investments widens PacCan stake to 8.41pc
        111 3 SINGAPORE Pacific Can Investment Holdings Ltd substantial shareholder KZ Investments Pte Ltd on Friday bought another 24,000 shares in the company for $22,600.08, or about 94 cents each, raising its stake to 8.41 per cent. Last Thursday, KZ Investments bought 3.23 million PacCan
        111 words
      • Article
        OCBC Hldgs ups Harimau stake
        41 3 SINGAPORE OCBC Holdings Pte Ltd on Monday bought 243,000 shares in Harimau Investments Ltd for $294,148, or about $1.21 each, raising its interest to 5.18 per cent. OCBC Bank Ltd has deemed interest in the purchase.
        41 words
      • Article
        DBS cuts Ssangyong stake
        68 3 SINGAPORE DBS Bank Ltd last Thursday sold 17,000 shares in Ssangyong Cement (S) Ltd for $43,008.49, or $2.53 each, reducing its shareholding to 15.58 per cent. Temasek Holdings Pte Ltd and MND Holdings Pte Ltd have deemed interest in the sale. On Friday, DBS Bank sold
        68 words
      • Article
        DBS unit raises paid-up capital
        39 3 SINGAPORE DBS Bank Ltd's wholly-owned subsidiary DBS Venture Investments Ltd has raised its issued and paid-up capital to $478,238, from $461,238, through the issue of an additional 17,000 redeemable preference shares of 1 each.
        39 words
      • Article
        Directors up interest in Tat Lee
        74 3 SINGAPORE Some Tat Lee Bank Ltd directors have increased their interest in the bank through Highland Developments Pte Ltd's purchase of 1,000 Tat Lee shares for $3,220 on Monday. Mr Goh Tjoei Kok is deemed to have a 40.36 per cent interest in the
        74 words
      • Article
        Temasek raises SSL stake
        31 3 SINGAPORE Temasek Holdings Pte Ltd last Thursday bought 11,000 shares in Sembawang Shipyard Ltd for $83,502.50, bringing its interest to 48.85 per cent, from 48.84 per cent.
        31 words
      • Article
        DBS Bank buys DBS Land stock
        44 3 SINGAPORE DBS Bank Ltd last Thursday bought 1,000 shares in DBS Land for $2,438.78. On Friday, it sold 1,000 shares in the property company for $2,388.81. DBS Bank's stake in DBS Land remains unchanged at 44.74 per cent.
        44 words
      • Article
        Kemayan earnings down 47pc
        81 3 SINGAPORE Kemayan Oil Palm Bhd yesterday reported a 47 per cent drop in group net earnings to M 5642,000 for the year ended May 31. Group pre-tax profit fell 98 per cent to M 539,000, despite a doubling in turnover to M 536.79 million. Investment and
        81 words
      • Article
        Pilecon units set up subsidiaries
        81 3 SINGAPORE Pilecon Engineering Bhd's 70 per cent owned subsidiary, Pilecon Szeto Sdn Bhd, has set up a wholly-owned subsidiary with an authorised and paid-up capital of M 525,000 (S$ 15,750) and MS 10,000 respectively. The subsidiary, Agrowell Quarry Sdn Bhd, is a stone merchant and
        81 words
    • COMPANY BRIEFS
      • Article
        Foster's chairman threatens to quit
        119 4 MELBOURNE Foster's Brewing Group Ltd chairman Nobby Clark said he may not be able to continue as chairman after failing to gain an assurance from the brewer's major shareholder about the make-up of the board. Mr Clark said he sought an "unqualified assurance" from Mr
        119 words
      • Article
        Bangkok resumes Hopewell talks
        94 4 BANGKOK The Thai government has resumed negotiations with Hopewell Holdings Co on the latter's proposal to build a mass transit system in Bangkok. An agreement has to be reached before Nov 8, or the Thai authorities will forfeit Hopewell's 300 million baht bond. Hopewell is adamant
        94 words
      • Article
        Fujitsu lowers profit forecast
        91 4 TOKYO Fujitsu Ltd lowered its group current profit forecast for the year ending March 31, 1992, to 100 billion yen (S$ 1.26 billion) from the company's May forecast of 180 billion yen, Fujitsu said in a statement. Fujitsu posted actual group current profit of 148.69 billion
        91 words
      • Article
        Hitachi in Thai lift joint venture
        79 4 TOKYO Japan's Hitachi Ltd said on Monday that it would manufacture elevators in Bangkok in a joint venture with Thailand's Siam Motor group. The joint firm, Siam Hitachi Elevator Co, will be established in the Thai capital in November, the major electrical equipment maker
        79 words
      • Article
        Kobe Steel, Alcoa in fourth tie-up
        68 4 TOKYO Kobe Steel Ltd and US firm Aluminum Co of America (Alcoa) will launch a 50/50 joint venture in November to make and sell aluminium tubes for the North American market, Kobe Steel said. Alcoa Kobe Tube Specialties Ltd, capitalised at 700 million yen,
        68 words
      • Article
        Thais get Viet gem mining licence
        71 4 HANOI A Thai-controlled joint venture has been licensed to mine for gems in northern Vietnam's Red River valley, the official Vietnam News Agency (VNA) reported here yesterday. BH Mining Co Ltd, which will contribute 60 per cent of the joint venture's US$2 million (553.4
        71 words
    • Article, Illustration
      Lock icon NZ govt forced to take up Fletcher Challenge shares
      414 4 Agencies WELLINGTON New Zealand-based forestry and construction company Fletcher Challenge Ltd (FCL) said yesterday it would require the New Zealand government to take up NZ$4O3 million (*****.8 million) in new shares. The move is a result of a put option agreed
      Agencies  -  414 words
    • Article
      Hanoi gives nod to Indon-Viet mining tie-up
      315 4 JAKARTA Indonesia's PT Vietmindo Energitama has been granted a licence by the Vietnamese government to establish a coal mining joint venture in Vietnam, the Jakarta Post reported over the weekend. PT Vietmindo will put up an initial investment of about US$27 million (5545.9
      315 words
    • Article
      Bangkok Land's listing will transform market
      728 4  -  MARKET TALK Firm's initial public offering will be country's biggest By John Whycliff BANGKOK Even by the recent standards of the Thai stock market, it is likely to go down as one of the more controversial issues. The listing of Bangkok Land, the giant
      728 words
    • Article
      Lock icon Time Warner, C Itoh and Toshiba agree on tie-up
      206 4 AFP TOKYO Japan's Toshiba Corp and C Itoh and Co agreed yesterday to invest US$5OO million (SsBso million) each in a spin-off subsidiary of the US firm Time Warner Inc, a spokesman of C Itoh said. The spokesman said the Japanese
      AFP  -  206 words
    • Article
      Mt Charlotte a loser for BIL at half time
      430 4  -  By Selwyn Parker in AUCKLAND THE giant Mt Charlotte Hotel Group was a loser for Brierley Investments Ltd in the first half of 1991, BlL's annual report reveals. Mt Charlotte Investments, in which BIL and the Singapore government are partners, suffered
      430 words
    • Article
      Lock icon Japan chip makers see growth below cyclical rates
      297 4 Asahi News TOKYO Japanese semiconductor manufacturers are having to adjust capital investment plans, as sales in the next two years are expected to fall well short of usual cyclical growth rates. Over the past 20 years, the semiconductor business has seen a
      Asahi News  -  297 words
    • Article
      Lock icon Arco in the red, Unocal net income down 92.5pc
      445 6 NYT DALLAS Arco Inc said on Monday that it took a US$34O million (Sss7B million) charge against earnings to pare 2,100 workers from its payroll and other actions, and that as a result it reported a net loss of US$l56 million
      NYT  -  445 words
    • Article
      Lock icon Weak US economy likely to drag down Xerox profits
      218 6 Reuter STAMFORD, Connecticut Xerox Corp said it expects 1991 earnings in its document processing business to be down compared to last year, due to a soft US market and an unusually strong fourth quarter last year. "Clearly we need a stronger
      Reuter  -  218 words
    • Article, Illustration
      Lock icon Indian soft drink makers oppose Coke's re-entry
      268 6 AFP NEW DELHI The All India Soft Drink Manufacturers' Association asked the government on Monday not to permit US giant CocaCola to re-enter the Indian market. The association said in a written appeal to Prime Minister PVNarasimha Rao that if Coca-Cola came to
      AFP  -  268 words
    • Article
      Lock icon US, UK recession will hurt Philips' results: analysts
      597 6 MARKET TALK Reuter AMSTERDAM Stubborn recession in the United States and Britain will hurt Philips Electronics' third quarter results which are scheduled for release today, but analysts hope the damage will be sufficiently limited to justify a lenient market response. They expect
      Reuter  -  597 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      207 3 9 10 December 1991, Singapore Hilton An innovative workshop presented for the Negotiating contracts first time in Singapore. Professional skills Graphic design development for conference, exhibition, Budgeting and pricing training and seminar organisers. Client service programme Enhance registrations, revenue and y our presenter profit f How to avoid costly mistakes
      207 words
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      Page 4 Advertisements Column 1
      317 4 Rapid growth, fierce competition, shrinking markets, overnight product obsolescence. These are some of the changes that can become opportunities. Giving employees tie vision and skills they need to capitalize on such opportunities is not easy. Increasing numbers of business owners and their employees are now using Dale Carnegie Training* to
      317 words
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      Page 4 Advertisements Column 2
      108 4 RESORT WESTERN AUSTRALIA A premier golf and country resort j in the picturesque Swan Valley. Choice of 1 acre (4,000 sq m) lot with golf fairway frontage Only 80 lots of Stage One remaining Freehold land 27-hole golf course, home of the Vines Classic, Western Australia's roost prestigious and richest
      108 words
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  • Page 5 Advertisements
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      181 5 BY THINKING AHEAD,WE'VE CUT DOWN PAPERWORK INSTEAD OF TREES. The magnificent forests. Our source, through the ages, of life- environment, can come to its rescue. That's why weve begun new oxygen and medicine simply by saving paper supporting oxygen for earth's ecosystem. And half our medicine. research into clean energy
      181 words
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      208 6 g UPS Parcel Has Started "lb Clear Customs. Br-vsS -Jmwwm Before It's Cleared For Take-Off. 4 f By the time your express parcel or document takes off to its international destination, the process of customs clearance has already begun. > Before it arrives, our local customs experts will know when
      208 words
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      Page 6 Advertisements Column 2
      93 6 ATTENTION »0' LEVEL STUDENTS* MATRICULATE AT CANADIAN OVERSEAS COLLEGE OF SINGAPORE An Internationally recognized diploma signed by the Minister of Education (Province of Ontario. Canada) Course Instruction by fully certified Canadian teachers Choice of business or science programs Canadian university applications processed by the College while studies are In progress
      93 words
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      243 7 M Bib t \jN v\ \> n < V %v-M --s'Mm jfcHSikSK*'^- ym J^WjlLi^^^LA'v^vV lLN»vv%r *•> 'A -~s\v -Jl ""*■■<* </■ Bk. vUI vl .^^■^HP^^BSflHHF^wJ^f•'" 4 ~/r jW*s Jm vfl ii > riT'iVh iMI JTw VflttiLMjny£ JrV.^K T 7S^^3MH EOkV i v^H^HHH|^^^^flflpi^>^^SgM&^^^^B^Cj^SpC^^ i v «^^flg£3s'#in >SP ja^snpF '."jL^. s 4
      243 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Australia eases offshore borrowing curbs
        123 8 CANBERRA Australia's state government authorities will, with immediate effect, be able to make all of their borrowings offshore, Finance Minister Ralph Willis said yesterday. The existing restriction on state authorities set at 22 per cent of new money borrowings plus the refinancing of maturing overseas
        123 words
      • Article
        Japan to use deposit insurance
        160 8 TOKYO Japan's financial authorities have agreed to lend eight billion yen (Sslo3 million) to assist the merger of Toho Sogo Bank and Iyo Bank Ltd at 5 percentage points below the rate on 10-year government bonds, Deposit Insurance Corp officials said on Monday. The two
        160 words
      • Article
        Austrian bank to seek listings
        76 8 FRANKFURT Rene Alfons Haiden, chief executive at Z-Laenderbank Bank Austria AG, told bankers on Monday that the Austrian bank was planning to seek listings for its shares on the London and Zurich stock exchanges. Bank Austria's equity is currently listed on markets in Vienna, Paris,
        76 words
      • Article
        EMU pact soon: bank chief
        78 8 AMSTERDAM Dutch central bank president Wim Duisenberg said he expected the EC to sign treaty obligations on Economic and Monetary Union (EMU) at its summit in Maastricht in December, a Dutch magazine said on Monday. "The EC is perfectly on schedule with the preparations for
        78 words
      • Article
        MasterCard, travel card tie-up
        94 8 WASHINGTON MasterCard International and Air Travel Card on Monday said they agreed to jointly issue a travel and entertainment credit card which carries both organisations' names. The companies said the new card, to be unveiled worldwide in early 1992, combines MasterCard Business Card and Air Travel
        94 words
    • Article
      Lock icon Mexican govt gives up stake in second biggest bank
      341 8 Reuter MEXICO CITY The government has sold a controlling stake in Bancomer, Mexico's second biggest bank, for U552.54 billion (about 554.3 billion) in one of the biggest sales to date in its sweeping privatisation programme. Eugenio Garza Laguera, president of the
      Reuter  -  341 words
    • Article, Illustration
      Berlin's housing, hotel sectors offer big opportunities
      412 8  -  Minister urges Singapore companies to invest By S N Vasuki SINGAPORE Berlin and the surrounding state of Brandenburg offer rewarding investment opportunities for Singapore companies, especially in the construction and hotel sectors, according to Dr Norbert Meisner, Berlin's Minister for Economics and Technology.
      412 words
    • Article
      Lock icon Saudi conglomerate completes plans for Kazakhstan development bank
      237 8 Reuter MANAMA, Bahrain Saudi Arabian business conglomerate Dallah al-Baraka completed plans to set up a development bank in the Soviet republic of Kazakhstan, a company spokesman said on Sunday. Younes al-Tamimi, deputy director-general of the Jeddah based al-Baraka Investment and Development Co,
      Reuter  -  237 words
    • Article
      Lock icon Nomura to abide by laws against monopoly
      353 8 AP TOKYO Nomura Securities Co has agreed to scrap memorandums that the Fair Trade Commission (FTC) said put the world's largest broking house in violation of anti-monopoly laws. Nomura has already been punished in recent scandals involving compensation to favoured clients for investment
      AP  -  353 words
    • Article, Illustration
      Development before defence: IMF
      47 8 ISLAMABAD The managing director of the International Monetary Fund, Michel Camdessus (left), gesturing with his pen during a news conference in Islamabad on Monday. He told Pakistani Finance Minister Sartaj Aziz (right) that Pakistan should cut defence spending to free money for development.
      47 words
    • Article
      Lock icon Credit Lyonnais Dutch unit to cut 665 jobs
      204 8 Reuter ROTTERDAM Credit Lyonnais Bank Nederland NV (CLBN) says it will cut 665 jobs in the next five years to remain competitive in the Dutch domestic market. The job cuts form part of a business plan released on Monday by CLBN chairman
      Reuter  -  204 words
    • Article
      Lock icon US mid-west banks ripe for mergers
      566 8 MARKET TALK Reuter NEW YORK The banking merger craze is continuing to spread across the US, with much of the upcoming action likely to centre in the mid-west, analysts said. This has already been evident with Monday's announcement of a merger between Comerica Inc
      Reuter  -  566 words
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      376 8 THE COURVOISIER FCN <1 MIT I IQN HOLE-IN-ONE GOLF TOURNAMENT Yes, there's $1 Million to he 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 back nine. Other
      376 words
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      Page 8 Advertisements Column 2
      62 8 BUSINESS Wtim OPPORTUNITIES Vjifif# FROM AMERICA Singapore businessmen are cordially invited to attend the "US Multi-State (Catalog) Trade Show". Over 240 U.S. firms will exhibit from 10 industry groups. October 31 November 1,1991 Open 9 a.m. 5 p.m. The Western Stamford, 4th Level, Bras Basah, Orchard and Victoria Lounge, 2
      62 words
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      Page 8 Advertisements Column 3
      85 8 P For Sale or Joint Venture BROOKLAND M VALLEY 7 M vineyard f 92.55 hectares on 4 separate Lots. .4ward winning Flutes Cafe. M Tourist Zoning Approval. (ft Spectacular landscape, private stream and lake. ||i m Th < most technologically advanced ||V* vineyard in the region. 7 Ba Inspection is
      85 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      524 9 Courvoisier FCN Fine Champagne (G)gnac) of Napoleon from one of the world s finest cognac houses It's a satisfyingly smooth blend of cognac with its own distinct personality yet retaining the familiar Courvoisier House Style Individuality, after all. has been the key to Courvoisier s success for two centunes. Now
      524 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Electricity shortage forecast for Philippines
        101 10 MANILA State-run National Power Corp expects shortfalls in electricity in the dry months of early 1992 due to lower reservoirs behind hydroelectric dams and a low supply of fuel to run turbines, an NPC executive was quoted as saying yesterday. NPC senior vice-president Jose Ramas
        101 words
      • Article
        Privatisation target only half met
        117 10 MANILA The Philippine programme to sell state companies and other assets has reached just over half of its target after five years, and will try to finish disposing of the big items this year, the Committee on Privatisation said. Philippine Airlines, Philippine National Bank which
        117 words
      • Article
        Australia refunds Chinese students
        83 10 CANBERRA Australia said yesterday that it had given AssB million (Ss77 million) in refunds to Chinese students who paid advance fees to study in Australia. The Australian government intervened to repay the fees after a spate of private educational institution closures and a tightening of regulations
        83 words
      • Article
        Indian help for Viet oil industry
        80 10 HANOI India can provide a wide range of expertise and equipment to develop Vietnam's oil industry, Indian Petroleum Minister B Shankaranand was quoted as saying by the Vietnam News Agency (VNA) yesterday. Mr Shankaranand made the offer on Sunday when he met Do Muoi,
        80 words
      • Article
        Myanmar restricts border trade
        78 10 BANGKOK Myanmar's military government has issued new orders placing restrictions on cross-border trade, the official Radio Yangon announced on Monday. The radio, in a report monitored here, said the private sector had been banned from exporting various items across the country's borders from Nov 1. The
        78 words
    • Article
      Lock icon Steps to cool economy likely in KL's budget
      530 10 Reuter KUALA LUMPUR Malaysia is expected to take steps to cool its booming economy, rein in inflation and tackle a large current account deficit in its 1992 budget, analysts say. The budget which Finance Minister Anwar Ibrahim presents to parliament on Friday
      Reuter  -  530 words
    • Article
      Lock icon Telecom investment in M'sia likely to exceed M$10b
      281 10 Bernama KUALA LUMPUR Capital investment in telecommunication projects in Malaysia is expected to exceed Mslo billion (about Ss6 billion) under the Sixth Malaysia Plan while the number of telephone subscribers would double to 5.2 million in 1995 compared with 1.59 million last
      Bernama  -  281 words
    • Article
      Lock icon HK inflation rate remained high in September
      263 10 AFP HONGKONG Hongkong's inflation rate remained high in September, with prices 11.5 per cent up on the same month last year amid calls for bold action to combat it, the government said on Monday. The figure was nonetheless an improvement on the 12.6
      AFP  -  263 words
    • Article
      Hanoi's road to capitalism
      323 10  -  By Teh Hooi Ling SINGAPORE The Hanoi government's push towards capitalism has created confusion among Vietnam's state enterprises and threatens to damage the economy and society, according to the latest issue of Asian Business. Since the government introduced its doctrine of dot moi, or renovation, in
      323 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1397 10 4t| wsm CREDIT LYONNAIS Head omce: 19. bd des itaiiens, ***** Pam. Consolidated Statement off Income List of Consolidated Subsidiaries Registered Office: Lyon. for the year ended 31 December compames in France SlnppniT Office: 65 Chulia Street *37-01, OCBC Centre. Finance (Group) (1) Banque Chaka Banque de la Ramon Banque
      1,397 words
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      Page 10 Advertisements Column 2
      622 10 BUSINESS TIMES TELEPHQNB: 730-3771/5772/3773 PAX: 734-4.»t2 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ARGO SATU SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to proceedings of Subsidiary
      622 words
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  • THE WORLD
    • Article
      Thai exports expected to soar by 19.5pc
      429 11 Target will be exceeded despite Gulf War and slow world growth BANGKOK Thai exports are predicted to increase by 19.5 per cent to 705 billion baht (5546.74 billion) by year-end, despite the lingering effects of the Gulf War and sluggish world economic growth
      429 words
    • Article
      Lock icon Central American states set up regional parliament
      360 11 AP GUATEMALA CITY A Central American dream of more than a century and a half was realised on Monday when four presidents and the prime minister of Belize opened a regional Parliament. It was considered a major step in efforts for political, economic
      AP  -  360 words
    • Article
      Lock icon KL to start business council on environment
      98 11 Bernama KUALA LUMPUR Malaysia will set up a business council comprising chief executives of major companies to ensure that future business projects are environmentfriendly. The matter was brought up in discussions between Finance Minister Datuk Seri Anwar Ibrahim and the secre-tary-general of the
      Bernama  -  98 words
    • Article
      Thai trade may be hit by green issues
      285 11 BANGKOK Thailand is likely to face pressure from its trading partners over environmental issues in the next five years, according to Commerce Ministry permanent secretary Bajr Isarasena. Mr Bajr told a seminar on protectionism at the Imperial Hotel last week that more
      285 words
    • WORLD WATCH
      • Article
        UN heads for insolvency with US$1b unpaid dues
        73 11 UNITED NATIONS Secretary-General Javier Perez de Cuellar said on Monday the United Nations was owed more than US$l billion in unpaid dues and. despite raiding all its piggy banks, was heading for insolvency. In a written report on the organisation's financial plight,
        73 words
      • Article
        China cracks down on theft
        64 11 BEIJING Authorities have arrested more than 800 people in a crackdown on massive theft of oil and electricity from one of the country's major oil fields. The newspaper China Daily said the Huabei oil field, in the northern province of Hebei. had nearly been put
        64 words
      • Article
        US oil consumption rising
        54 11 WASHINGTON With domestic production continuing to decline and demand increasing, the United States probably will import three of every four barrels of oil it uses within two decades. The Office of Technology Assessment released its report only days before the Senate plans to begin considering a
        54 words
      • Article
        N Korea won't open up N-plants
        94 11 SEOUL North Korea has not only refused again to open its secretive nuclear facilities to international inspection, but it has set more conditions for doing so. Talks will be held in Washington this week to discuss what can be done to pressure North Korea
        94 words
    • Article
      Lock icon Recession in E Europe unlikely to end soon, says think-tank
      360 11 Reuter VIENNA The recession in eastern Europe shows no signs of coming to an end or even easing in the second half of this year, the Vienna Institute for Comparative Economic Studies said in a report. Gross domestic product (GDP)
      Reuter  -  360 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      382 11 I Zenith Data Systems hastakenthe notebook industr Y Power source, so no data wi be lost. I I into a new and unrivaled power cfimension. In addMon, the unattended modem operation accepts I I A Hi ightweight Zenith Masters Port 386SL The first incoming data, without you having to attend
      382 words
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  • Article
    Selfish signals?
    509 12 EDITORIAL NO PARTY in power enjoys seeing its voter base eroded election after election, and Mr Goh Chok Tong's PAP is no exception. What concerns the Prime Minister more, however, is what he perceives as the reason for this erosion. Last Sunday he spelt out his perception in
    509 words
  • WHAT THE OTHERS SAY
    • Article
      Continuity amidst change
      321 12 THE election of Mr Kiichi Miyazawa to the leadership of the Liberal Democratic Party (LDP), which assures him the post of Japan's next Prime Minister, is likely to lead to a period in which continuity and change are mixed, with the emphasis on the former. Continuity is
      321 words
    • Article
      Good medicine
      78 12 IT is welcome news to the public that the Ministry of Health will set up a unit to monitor adverse reactions to drugs. The formation of the unit is a timely move. Doctors and other healthcare professionals should exercise extra care in prescribing drugs to their patients. On
      78 words
    • Article
      Showing diplomacy
      105 12 THE first thing Mr Miyazawa will do after he assumes office will be to host Mr Bush when he visits Japan at the end of next month. Mr Bush's visit to Japan will give Mr Miyazawa a chance to show to his people his expertise in diplomacy. In
      105 words
  • REGIONAL VIEWPOINTS
    • Article
      What democracy needs
      130 12 PUBLIC PARTICIPATION is only the means of democracy. It is important but what is more important is thie end of government, that is for whose interest the country is being governed. We still have time to write a democratic constitution and improve most of the relevant laws
      130 words
    • Article
      Peace the only progress
      179 12 PEACE in the Middle East now depends upon the good will and imagination of the men and women who will gather today to open an important meeting in Madrid. Not since the formation of Israel in 1948 has there been a better opportunity to search for
      179 words
    • Article
      Better TV for all
      187 12 WHEN the two TV stations had their licences renewed in December 1988, they pledged to the Broadcasting Authority and the public that they would improve the quality of their Chinese and English programmes. That promise will have been broken if one or both stations opt to
      187 words
  • Article, Illustration
    Lock icon Nordic banks: Almost out cold
    1097 12  -  The crisis which has recently come to a head at Norway's Christiania Bank reflects the general proolems in the country's banking system that will not be solved by simple government intervention. reports Karen Fossli and John Burton Karen Fossli, John Burton FT THE crisis afflicting
    FT  -  1,097 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      43 12 DOONESBURY BY GARRY TRUDEAU AjßFKiusev HI, &RL& M nu un TO KNOW AT V oh, SUR£, SUZANN&, TKf\N6 TO "6£T ah,Nu... mys l aujschool. rvtueAßP NO! oottr in mrnoHUP ((3 WOOP/' HPS GCPCOUN- MOF THIS MAKE EYE U ME 'G&TIT how j secFotsENm
      43 words
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  • ANALYSIS
    • Article, Illustration
      Future shape
      2376 13  -  Today, some of the issues raised by the Concept Plan will be discussed at a seminar 'Living the Next Lap Blueprints for Business'. Just how viable is this vision for life in the next century? Elaine Koh finds out Elaine Koh 1T is a grand plan, and many
      2,376 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      87 13 Wide scope for excellent investment returns. Fully leased cinema complex and retail arcade in the heart of Penh's CBD retail precinct The Hoyts Corporation has a 10+10 year leaseback on the cinema complex with annual CPI reviews providing over 55% of the net income. 32 arcade tenancies plus 49 car
      87 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      161 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE w^JhS OCTOBER FEASTS This October, don't miss our weekly specials at Tien Court! 01/10 —06/10: Double Boiled Superior Shark's Fin $22.00 07/10-13/10: Steamed Sultan Fish $4.00 per 100 gm. 14/10 —20/10: Braised Whole Abalone
      161 words
    • Advertisement
      Page 14 Advertisements Column 2
      267 14 Hyatt's Extraordinary European Extravaganza For October and November, spend $80 on a single bill in any one of our restaurants or bars and you could win you a prize worth over $20,000. This includes accommodation in Hyatt Hotels in London, Montreux and Madrid, Europass tickets and tickets to Les Miserables,
      267 words
    • Advertisement
      Page 14 Advertisements Column 3
      143 14 STEAMBgAI SSUNSET Experience the latest in Steamboat Dining at the Galaxy Poolwde the finest Steamboat Buffet spreod in town. Suiting Barbecue items are also served as side orders. And remember The Buffet Dessert is on the house I Business Hours: from 7 pm (nightty) Price: Adults 115.00+ Chikfrw $10.50+ for
      143 words
    • Advertisement
      Page 14 Advertisements Column 4
      317 14 Local Tea Time delights at Chatterbox '"TJT* ever y Friday, Saturday and Sunday. 3 pm to 5.30 pm. $14.50+ per person $8.50++ per child (below 10 yr») Meu)twk Sumptuous Continental Afternoon Tea Lcuigf S p reac a t Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+
      317 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      770 14 TELEVISION AND RADIO J 9-00 News at Nine. 4.40 The Misadventures of BUSINESSRACK? LTrv w% J SBCIZ 9.30 Points of View (See Our Sheriff Lobo. Mwm Hammer time ssr as. Imi i 655 m pro ramm Highlights. mer Murder Takes All (See 6.30 Muoaddam World Business Report ■EnjQHJH ISH f
      770 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Brewing Churchill's favourite sip
      752 15  -  Armenia has been making fine brandy for over a century. Mark Trevelyan takes a look at cognac making at the Yerevan Brandy Factory in the southern Soviet republic. Mark Trevelyan Reuter WHILE the world remembers Winston Churchill's victory salute and cigar, Armenians treasure the image of
      Reuter  -  752 words
    • Article, Illustration
      Lock icon Soulless compilation of McCartney shows
      566 15  -  Janet Maslin reviews Get Back, the stitched-together concert film documenting the singer's 1989-90 world tour Janet Maslin NYT Paul McCartney can still do cute things with his eyebrows, and he still has the kind of hair that can be tossed. But Get Back, the stitched-together
      NYT  -  566 words
    • Article
      Lyricist and composer Sylvia Fine Kaye dies
      562 15 CHATTERBOX SYLVIA Fine Kaye, a producer, lyricist and composer, died on Monday at her home in Manhattan. She was 78. She died of emphysema, said her daughter, Dena Kaye of Manhattan. Mrs Kaye, the widow of the actor Danny Kaye, wrote the music
      562 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      185 15 AND ENTERTAIN i Prepared before your very own eyes, all the local favourites at the Terrace in Cafe-in-the-Park. An array of food stalls with a selection to tempt all food lovers. Available for dinner only. Mondays to Saturdays. fL rZfs. 7.00 pm to 10.00 pm. SSlB.so++ per adult SSlo.oo++per child.
      185 words
    • Advertisement
      Page 15 Advertisements Column 2
      101 15 I#HONG AIK 1 Industrial building 22 KALLANG AVENUE I 1 <4*^2^ Seven-storey showroom cum Sf*< warehouse strategically B|J located on the fringe of the Impressive corporate building ft T Yl with excellent main road frontage r Within walking distance to Lavender MRT Station Land Area: Approx 18,686 sq ft FT
      101 words
    • Advertisement
      Page 15 Advertisements Column 3
      51 15 First Prize of $3,000 goes to Joint Second Prize of $1,500 each goes to Winners will be notified by post. Prizes must be claimed by November 15, 1991. LUCKY DRAW far *11 BT-lnve*tment Rac* participant*. Date November 27, 1991. Results will be published m Bus mesa Tames on November 30,1991.
      51 words
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  • SPORTS
    • SIDE LINES
      • Article
        Australians praised for blocking S African team
        123 16 JOHANNESBURG The Australian government's actions in blocking 10 South Africans from competing in the world waveski championships in Brisbane at the weekend came in for praise on Monday from South Africa's non-racial National Olympic and Sports Congress (NOSC). In a statement, the NOSC
        123 words
      • Article
        Man dies in bungee jump
        130 16 PERRIS, California A bungee-jumping instructor was killed in a leap from a hot air balloon in what was believed to be the first US death from the thrill sport. Hal Mark Irish, 29, fell more than 20 metres to his death on Sunday after coming
        130 words
      • Article
        Sex change upsets runners
        100 16 ERIE, Pa. Runners upset over a female competitor who had undergone a sex-change operation have asked race officials for guidelines about transsexuals in distance races. The 40-year-old woman finished the 10-km Great Race of Pittsburgh on Sep 29 in 38 minutes and 31 seconds, placing fifth
        100 words
      • Article
        One more for top ranks
        109 16 TOKYO Look out, Konishiki and Akebono another sumo wrestler from Hawaii is closing in. Musashimaru, 20, is the third Hawaiian to reach makuuchi, sumo's highest division. The announcement of the rankings for the Kyushu Grand Sumo Tournament, scheduled to begin on Nov 10, was made
        109 words
      • Article
        Muster, Sanchez through
        52 16 BUZIOS, Brazil Austria's Thomas Muster and Spain's Javier Sanchez scored first-round wins on Monday in the USSI7S,OCX) Kolynos Cup Tennis Tournament. Muster, ranked 35th in the work by the ATP, got by Holland's Mark Koevermans with his overpowering serve, 6-3, 7-6 (10-8). Sanchez beat countryman Tomas Carbonell
        52 words
    • Article, Illustration
      Lock icon Connors downs Agenor
      508 16 Paris Open AP PARIS Jimmy Connors returned to France to win the last four games in a row to beat Ronald Agenor, 5-7, 6-4, 6-2 in the first round of the Paris Open tennis tournament on Monday. In other matches, two Australian qualifiers advanced. Jason Stoltenburg downed
      AP  -  508 words
    • Article
      Lock icon An 'artistic' twist to this race track
      586 16 AFP AUTOPOLIS, Japan Japan's investment boom has spawned a world-class race track with a difference an art gallery featuring a US$6O million (S$ 101 million) Piccaso painting on the foothills of a smouldering volcano. Although the debacle in real estate and stock market
      AFP  -  586 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      39 16 over the bAi^gepi tissue Name: I V W\B f J l J t^ress: 111 HI I Em \j» PONTIAN «EC HH A V\ a M I I I ujmT'_ <'- < f*<£«L i GtukXG m'»* «to*\ JOMOK I v 1%\% W>W
      39 words
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  • THE LAW PAGE
    • Article, Illustration
      Store not bound to honour advertised price
      754 17  -  The legal relationship between a customer and a shop is founded in the law of contract. David Gabriel examines the fine print of the law David Gabriel SOME customers were reported to have been annoyed over a mistake in an advertisement for a
      754 words
    • Article
      What happens when a bank guarantee goes wrong
      468 17 CASE, ANG KIM WHATT, MAURICE V. MUZAFFER AYKUL High Court of the Republic of Singapore, Suit No 460 of 1991: Kan ling Chili, Judicial Commissioner. THE issue involves a bank guarantee that went wrong. The plaintiff, Ang, applied for summary judgment in
      468 words
    • Article
      Dispute over meaning of term 'a party willing'
      458 17 OVERSEAS UNION ENTERPRISE LTD V. MOUTRIE (PTE) LTD High Court of the Republic of Singapore, Appeal Suit No 252 of 1991: Justice F A Chua. THE appeal came from the assistant registrar, who refused an application for summary judgment. The dispute centered
      458 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      219 17 OUR COMMITMENT TO YOUR ENVIRONMENT EXTENDS BEYOND THE REALMS OF PRESTIGE. I Advanced anti-lock braking comes as standard. lines that have long distinguished the marque Irom features indeed ol a marque whose charismatic The Jaguar Sovereign offersan uncompromising /%u*«»m.cu 6 .f i •t nt rrvar l as does a new
      219 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors continue to pick up situational stocks
      4048 18  -  By Dawn Tan SITUATIONAL STOCKS continued to dominate trading yesterday with local retailers emerging again to take profits. Amcol Holdings emerged high on the active list on rumours that a major shareholder is expected to sell his stake in Amcol to Hong Leong
      4,048 words
    • Article, Illustration
      Lock icon HOT STOCK
      67 18  -  Chew Eng Han Comment MEDIUM-term picture does not look promising, with two major tops formed at $2.40 level in first quarter 1990 and 1991. Upmove from the $1.35 low in August is more likely a correction to the major downtrend. With daily RSI at 75 and stochastics at
      SOURCE: PONT DATA  -  67 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon KL stocks close off best in moderate trading
      4503 21 Bernama SHARK PRICES in Kuala Lumpur ended off best yesterday as the market succumbed to profit-taking in the afternoon after climbing initially due to a surge on Wall Street overnight. In moderate trading, the KLSE Composite Index dipped 0.74 of a point
      Bernama  -  4,503 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      562 21 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-,4982 r I NOTICE I I NOTICE IS HEREBY GIVEN that, I, NG j I LIONG HAI of #08-58, Blk 225, Toa Payoh I I LorongB, Singapore 1231, have applied for a Ist Class Public House licence in respect of prem- ises
      562 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      444 22 Company Data Yaar Group Nat Nat earnings Cross ann to profit/loss (L) par share dividend ("000) (cants) SBS Oct 28 lun 91 $2 572($$2.928) 10 1(11 5) 7(7) Scotts Hidgs Oct 28 tun 91 $3.246($2 339L) 1«(-) First Capital Oct 18 lun 91 $8 891(111 711) 55(72) 1(1)
      444 words
    • Article
      PRELIMINARY RESULTS
      357 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) AlSB Oct 28 Jun 91 MSI7.267(56.506) 11.2(4 1) 12(10) YTLCorpn Oct 9 Jun 91 M530 889(519.311) 138(79) 10(10 Boustead Oct 2 Jun 91 MJ35 810(532.503) 10 4(8 5) 15(15) SBS Oct
      357 words
    • Article
      INTERIM RESULTS
      578 22 Company Date Half-yaar Croup pra-tax Interim ann to profit/loss (L) dhrldond (000) George Kent Oct 28 Kil 91 MJb 226<$2 556) 5(4) SIA Oct 28 Sep 91 $634.500 ($681 900) 15(15) TDM Oct 21 Jun 91 M$175L($l.ll7l) Metroplei Oct 18 Jut 91 M$16.678($13.323) Heua Corpn Oct 17 Iu4
      578 words
    • Article
      APPROVED ISSUES
      83 22 Company Rights Issue MB* France Two-tor three MJO 90 per share tidate Nov 1 Books dose Nov 18 Acceptance Payment NY* Company Bonus Issue MM France One tor three EnJate Nov 1 Books dose No* 18 Company Others ferul Steal Restricted OHer tor Sale of Angkasa Marketing Bhd
      83 words
    • Article
      PROPOSED ISSUES
      573 22 Company Rights Issue km he Laid Oretor two MSO 65 per share Mm Tadi Orel wore SI 00 per share Bviaya Group Rights issue ot J89n nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CULS) on the basis of one tor tour Baton Issue ot 190 9 78m
      573 words
    • Article
      DIVIDENDS ANNOUNCED
      925 22 Currant Ex Mu Date Tatel tor Tatel tor paymant date ctoM payaMa ttoe yar last year AJS8 50c 12%(b) Dec 30 Ian 14 lan 21 171 10% Acma 5%TE(I) Oct 21 Oct 31 Nov 15 5%TE 10%TE Ant* Mdp 50c 61(b) No* 21 Ok 5 Dec 24 6%
      925 words
    • Article
      RESULTS DUE
      423 22 Main Board Lm* F"" Year Company Nnod Date Tear Net EPS Gran Nrt announced endnt (canb) 4» PJ** i»t ft* <r«») lacks M W«*n Oct 31 tan 92 l'®*EMS Final Nov 6 M 91 3.0TE 17.8181 Chwn M mtermi Nov 8 Mac 92 361 13 6 8.714 SPH
      423 words
    • Article
      CORPORATE DEVELOPMENTS
      686 22 IJM Corporation Bhd has received approval from the Malaysian Capital Issues Committee to buy MJ64 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 purchases
      686 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1889 22 Trans Registered Substantial Buy/ Shares Amount Shareholdings Stock Date Holder Shareholder/Director Sell involved Before Chge After Chge PCI 25/10/91 The Central Depository (Pte) Ltd Natalon Company Ltd S 100,000 184 000 000 75.746 000 25 250 75 646.000 25 220 Pacific Can 24/10/91 Associated Mgt Services (Pte)
      1,889 words
    • Article
      SCRIPLESS CONVERSION
      67 22 Conversion Special Irdg Scripless Conversion deadline Period Trading Company starts (IDP) (ST) starts HTP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct II Minebea Dec 16 Parkway Hldgs Oct 11 Nov 7 Oct 25 Nov 7 Nov 8 Sanshiiw Allied Sep 2 Sep 26 Sep 16
      67 words
    • Article
      COMPANY MEETINGS
      316 22 Berjaya Group Bhd: 23rd AGM at Bukit Ktara International Equestrian Country Resort, Jalan Bukit Kiara, Off ialan Damansara, ***** Kuala Lumpur on Wednesday, Oct 30, at 10.30 am. Tractors Malaysia Hokfings Bhd: 26th AGM EGM at Kristal Foyer, Petaltng iaya Hilton, 2 Jalan Barat, ***** Petakng Jaya, Selangor
      316 words
    • Article
      RECORD HIGHS & LOWS
      199 22 RECORD HIGHS LOWS rt rMniMcHA inri«« Industrials Index ,J,2T nrTIVMH 1991 1565M (3/6/91) 1991 htfi: 1333 08 3/6/91) 1991 low: 1149 08 (16/1/91) I2JEI 1JSI5 1990 1607 12 (27/3/90) 1990 Nfh: 1435 43 (16/7/90) 1990 low: 1079 50 (11/10/90) !2!!!S 1919 1487 76 wwffi 22 If QI?S 1 2 1989
      199 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Thai stocks end slightly higher in drowsy market
      2348 23 Reuter UPI SHARE PRICES closed slightly higher yesterday after moving in a narrow range as most investors remained sidelined in a quiet market. The SET index ended 2.09 points higher at 627.02 on a thin turnover of 958 million baht. It was
      Reuter; UPI; SOURCE: PONT DATA  -  2,348 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Jakarta stocks dip in moderate trade
      1061 23 Reuter JAKARTA STOCKS declined slightly in moderate trade yesterday, brokers said. The main index fell by 0.21 point to 227.22 on turnover of 4.56 million shares. Brokers said they expected it to fall to around 220 points soon because of lack of investor confidence
      Reuter  -  1,061 words
  • Page 23 Advertisements
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices firmer on arbitrage buying
      2633 24 Reuter TOKYO stocks closed firmer yesterday, with the Nikkei average ending above 25,000 for the first time in a week. However, brokers said the gains mostly came at the opening on Wall Street's overnight jump and arbitrage buying. Sentiment was good on hopes of easier
      Reuter  -  2,633 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng up but caution cuts gains
      2411 24 AP AFP HONGKONG stocks, up and down like a yo-yo throughout yesterday, ended firmer, but caution over awaited government anti-in-flation measures and USSino trade woes halved intraday gains. "The market faces persistent selling pressure," said Antony Mak, a vice-president at Citicorp Vickers. "There's
      AP; AFP  -  2,411 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks rise on hopes of rate cut
      • Article
        AUSTRALIA
        791 25 THE Australian sharemarket held early gains to close sharply higher yesterday 2 in line with strengthening world markets and on hopes of a further fall in infla- tion. Brokers said European buyers and a i shortage of scrip also helped the market J move higher. "Local investors are waiting
        791 words
      • Article
        MANILA
        533 25 SHARE PRICES moved sideways as investors stayed on the sidelines yesterday, concerned about the expected return of Imelda Marcos next month and the suspension of peace talks with army rebels, brokers said. "People are in wait-and-see mood,'" said Patrick Garcia, an analyst at L M Garcia and Associates. The
        533 words
      • Article
        TAIPEI
        553 25 TAIWAN stocks closed mostly lower yesterday as the market consolidated after surging 7.2 per cent on a technical rebound in the past three trading days, dealers said. The weighted index ended 17.24 points lower at 4,364.45 in thin turnover of NTS 18.1 billion against Monday's NTS2O.S billion. All sectors
        553 words
      • Article
        SEOUL
        837 25 MODEST buying of financial shares helped lift stocks slightly yesterday after four days of declines in slow trading, brokers said. "The index rose on a technical re- bound in the wake of declines in the past four days in a row," said Daishin Securities broker Yoo Hong-in. Institutional investors
        837 words
      • Article
        NEW ZEALAND
        323 25 NEW ZEALAND shares ended the first day of the shortened trading week stronger yesterday thanks to good buying in leading issues, but were off their highs. The NZSE-40 capital index climbed 23.92 points (1.58 per cent) to 1,535.79. Major corporate news was confirmation that Fletcher Challenge would issue
        323 words
      • Article
        Untitled
        434 25 Close Previous Oct 29 AUSTRALIA All Ordinaries Index 1,651.3 1,642.8 +8.5 All Industrials Index 2,561.3 2,544.8 +16.5 All Resources Index 955.6 952.9 +2.7 Turnover (million) 132.0 164.2 -32.2 NEW ZEALAND NZSE-40 Capital 1,535.79 closed +23.92 Turnover (million) 19.71 closed -2.89 MANILA Composite Index 1,009.56 1,007.09 +2.47 Turnover (million) 970.1 721.3
        434 words
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  • WORLD STOCK MARKETS
    • Greenspan's remarks send Dow up sharply
      • Article, Illustration
        NEW YORK
        1168 26 WALL STREET stocks posted hefty gains on Monday, fired up by fresh hopes of lower interest rates after Federal Reserve chairman Alan Greenspan said the economy had turned demonstrably sluggish in recent weeks. The Dow Jones Industrial Average rose 40.70 points or 1.4 per cent, to close at
        1,168 words
      • Article
        AMSTERDAM
        322 26 DUTCH SHARES built on early gains to close at the day's highs as a surge in UK stocks replaced the firmer dollar as the main source of inspiration. The 25-share EOE index closed 1.9 points or 0.69 per cent higher at 275.58. "We followed London's mega-per-formance in terms of
        322 words
      • Article, Illustration
        LONDON
        826 26 A SLUMP in the equity futures market reversed early gains on the London stock market yesterday, turning it downwards despite an initial boost from hopes of interest rate cuts. The blue-chip Financial Times Stock Exchange 100-share Index, which rose 43.8 points Monday, fell 1.3 points to 2,557.2 by mid-morning.
        826 words
      • Article
        FRANKFURT
        224 26 GERMAN STOCKS shrugged off an early morning shock from Daimler- Benz and ended Monday with small gains on a late flurry of blue chip buying, dealers said. Daimler, which had jumped higher on Friday on prospects of a higher 1991 dividend, soured the mood on Monday with news it
        224 words
      • Article
        MILAN
        208 26 ITALIAN SHARES closed lower on Monday, plumbing a nine-month low in a market dominated by fears the settlement of the October account could be disrupted following the suspension last week of a leading broker. The MIB all-share index, which opened firmer, closed 0.6 per cent lower at 999. The
        208 words
      • Article
        ZURICH
        346 26 SWISS SHARES on Monday recovered from a weaker opening and ended higher in moderate trade on a wave of late buying interest, brokers said. The all-share SPI index added 6.2 points to 1,087.9 after falling to a day's low of 1,077.8 in early trade. The SMI index of leading
        346 words
      • Article
        STOCKHOLM
        183 26 PRICES ON the Stockholm bourse closed slightly higher on Monday in thin trade supported by gains on other European markets, particularly in London, dealers said. The bourse general index rose 0.16 per cent to 985.26 in turnover of 247 million crowns. Blue chips climbed 0.69 per cent on average.
        183 words
      • Article
        JOHANNESBURG
        393 26 GOLD SHARES closed lower on Monday as the gold price dropped to below US$36O an ounce. The JSE All-Share Index was three points ofT at 3,460. The All-Gold Index eased eight point to 1,187, while the Industrial Index rose four point to 4,161. Heavyweight gold share Vaal Reefs shed
        393 words
      • Article
        TORONTO
        257 26 TORONTO stocks rebounded from last week's profit-taking to end the session moderately higher on Monday, dealers said. Trade, however, was quiet, and many players were waiting for this week's many US and Canadian economic indicators, they added. "It's still fairly selective. Not enough players," one trader said. Bank shares
        257 words
      • Article
        Untitled
        258 26 Oct 28 Close Previous NEW YORK Dow Jones 3,045.62 3,004.92 40.70 SAP 500 389.52 384.20 5.32 Turnover (million) 160 167.3 -7.3 LONDON Financial Times 30 1.961.3 1,929.3 +32 FTSE 100 2.558.5 2,514.7 43.8 Turnover (million) 411.2 498.2 -87 FRANKFURT DAX Index 1,576.81 1,572.03 +4.78 AMSTERDAM EOE Index 275.58 273.68 +1.9
        258 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback easier in quiet late Asian trade
      1152 27 REPORTS Reuter ASIA Tokyo: THE US dollar was lower than its New York closing levels but barely moved in late Asian trade yesterday as dealers confined themselves to position squaring ahead of the release of US gross national product (GNP) data later in
      Reuter  -  1,152 words
    • Article
      Lock icon Russia ready to introduce its own currency
      509 27 Reuter MOSCOW The giant Russian Federation on Monday seemed more likely than ever to introduce its own currency, a move which would protcct its economy but could severely damage trade between the republics. Russian leader Boris Yeltsin told the Congress of People's Deputies,
      Reuter  -  509 words
    • Article
      Lock icon Prices of high-grade US bonds set to rise
      248 27 Reuter PALM BEACH. Florida The high-grade corporate bond market will see rising prices and higher volume in coming months as insurance companies unload junk holdings and swap them for the safer credits, a Morgan Stanley economist said. "The credit problems of insurance
      Reuter  -  248 words
    • Article
      FINANCIAL FUTURES
      1142 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 91 94 59 94.59 94.57 9*58 6722 ***** 2484 Mar 92 94.68 94.68 94.66 94.67 7655 ***** 2824 Jun 92 94.44 94.46 94 43 94.45 3815 5855 1082 94.45 Sep 92 94.13 94.13 94.10 94.12 1188 2033
      1,142 words
    • Article
      INTERBANK FOREX RATES
      389 27 Cross rates cm 29 USS S$ MS Dm Yen SFr AS NZS USS 1.7015 2.7565 1.7175 132.45 0.5900 1.5050 1.2755 1.8051 SS 0.5877 1.6200 1.0094 77.8431 0.3467 0.8845 0.7496 ***** MS 0.3628 0.6200 0.6231 48.0501 0.2140 0.5460 0.4627 0.6548 Dm 0.5822 0.9907 1.6049 77.12 0.3435 0 8763
      389 words
    • Article
      MONEY MARKET
      543 27 Interbank rates SS BM Offer Overnight 3 1/2 3 5/8 1-month 3 3/4 3 7/8 2-month 3 13/16 3 IS/16 3-month 3 7/8 4 Overnight mode: 3-S/8 ISS Bid Offer 7 days 5 3/8 5 1/2 1 month 5 1/4 5 3/8 2 months 5 3/16 5 5/16
      543 words
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  • COMMODITIES
    • Article
      KL tin closes unchanged on lack of interest
      822 28 REPORTS THE PRICE of tin was unchanged at 14.84 sen per kg on the Kuala Lumpur Tin Market on lack of trading activity yesterday. However, dealers said the market was steady with not much pressure from both buyers and sellers. The London
      822 words
    • Article
      Lock icon Moscow's fall from bullion superpower changes gold trade
      809 28 Reuter LONDON Official disclosures on Monday that Moscow's gold mountain is really a molehill have downgraded a bullion superpower to sec-ond-rank player and apparently transformed the fundamentals of gold. "In a market of marginal changes the Soviet news represents a potential sea
      Reuter  -  809 words
  • Article
    PRICES
    1383 28 Rubber 0*29 HAS (tefc Mte«) S cents/kg Noon Close Int I RSS Prompt 139.50/140 SON 139.50/140 SON Int I RSS Nov 91 140.50/141.50 140.50/141.50 Inl I RSS Dec 139.75/140.25 139.75/140.25 Int: 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 I3I.25/I33.25N
    1,383 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      909 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 NOTICE NOTICE IS HEREBY GIVEN that J KOH LEEONG of Blk 370 Bukit Batok St 31 #06-207 Singapore 2365 have applied for a Retail Liquor licence in respect of premises at M/s D P Hampers Florists Pte Ltd at 230 Upper Bukit Timah Rd
      909 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1061 29 City FWtlrt ETA Hjgt ETD Abu MttM GA895 1235 GA974 0001 GA886 0010 KMNl QFil 2010 SQ227 2H5 7* QF82 2115 Amsterdam GA895 1235 GA974 0001 KL837 1340 SQ24 2215 Mm 0A471 0015 0A472 2240 SQ35 1650 1700 NZ22 1820 SQ388 2035 Bandar Sari SQ182 0915
      1,061 words
    • Article, Illustration
      They all said it couldn't be done
      844 29  -  LETTER FROM TOKYO By David Lascelles They said it could not be done. But we lived to tell the tale: five days in the Japanese outback with nothing but a Berlitz phrase book to guide us. Forgive the pioneering language, but my wife
      844 words
    • Article
      WORLD TRADE EXHIBITIONS
      90 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tet Oct 26- 22th Furniture Milan Trade Associazione 02/*****04 Nov 4-8 International Sarajevo. Dp Centre ********** Nov 3 Modern Living Fair. Italy Promozione Plastics Yugoslavia "Skenderija Exposition Mostre Rubber Fair Oct 29-31 MacWorld Expo Hongkong World Expo **********
      90 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3298 I.34S2 Canadian dollar 1.4960 1.5237 NZ dollar 0.9329 0.9655 Sterling pound 2.8739 2.9070 US dollar 1.6980 1.7030 Local dollars to 100 units of foreign currency Austrian schilling 13.93 14.19
      152 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      40 29 When it comes to flying to Munich, no other airline comes Klaus to Fmnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Earope from sUrt to Finnish.
      40 words
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      Page 29 Advertisements Column 2
      38 29 HONGKONG BUSINESSMAN CHIN CHI-MING IS JAILED FOR DUPING ACTRESES INTO SEX ROMPS WITH HIM WHAT HONGKONGERS SAY WHAT THE JUDGE SAID WHAT ACTRESSES A, B, AND C SAID W NEW, NEWS, NEWSY piper From lunch-time. Monday to Saturday
      38 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      249 29 1 Mad reasons for producing —■■■""""■■l" 10 Agreed to make expiation 11 Large debts confronted by European food management accountant (9) '2 I I I I I I I I H l3 I 12 Raising the front of a —UJ ~BH™ 13 The third man going to to make changes
      249 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      195 29 Singapore Outlook: Hazy with showers over several areas in the afternoon. Report: Maximum temperature 31.0 Assoc humidity 65% Minimum temperature 24.0 Assoc humidity 99% Hours of sunshine 1.65 Rainfall in mm 18.8 Rainfall this month 52.0 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Cloudy Bangkok
      195 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      10 29 g SEASON OF PiND MELLOUJ I j 'APER3 LTD.. IW2-IWI
      10 words
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  • Article
    4-fold rise predicted for S'pore oil and chemicals
    411 30  -  EDB's Philip Yeo looks five to 10 years down the road By Lilian Ang SINGAPORE Singapore's oil and chemicals output, which totalled $17 billion last year, could rise fourfold in the next five to 10 years, Economic Development Board chairman Philip Yeo
    411 words
  • Article
    Lock icon Mitsubishi to buy out Chrysler's stake in joint venture
    263 30 AP TOKYO Mitsubishi Motors Corp will buy out Chrysler Corp's 50 per cent stake in Diamond Star Motors, its joint venture with the troubled US car maker, a Mitsubishi official said yesterday. News reports here have said the Japanese car maker
    AP  -  263 words
  • Article
    Lock icon Soviet republics accept responsibility for debt
    395 30 Reuter MOSCOW Twelve Soviet republics, under pressure from the Group of Seven industrialised nations, on Monday accepted joint responsibility for Soviet foreign debt, estimated at around US$7O billion (Ssll9 billion). At the closed-door meeting here with representatives of the G-7 nations, the republics signed
    Reuter  -  395 words
  • Article
    Lock icon Britain, Vietnam sign plan on forced return of boat people
    303 30 AP HONGKONG Vietnam and Britain signed a plan yesterday that could force more than 50,000 Vietnamese boat people home from Hongkong and begin the end of a tragedy that sent 1.5 million Vietnamese fleeing communism in rickety boats. British colonial
    AP  -  303 words
  • Article, Illustration
    Lock icon Watanabe chosen foreign minister
    350 30 Choice appears due to strong pressure from largest LDP faction Asahi News AFP TOKYO Kiichi Miyazawa, who was installed as head of the ruling Liberal Democratic Party (LDP) yesterday, is reported to have picked his formidable rival, former LDP Policy Research Council chairman Michio Watanabe, to
    Asahi News; AFP  -  350 words
  • Article
    Lock icon Killings will not stop peace talks: Shamir
    264 30 Agencies MADRID Prime Minister Yitzak Shamir yesterday said the killing of Israeli soldiers and settlers would not derail historic peace talks with Israel's Arab foes. "Some might have expected that in the face of this terror, Israel would not attend the conference. But
    Agencies  -  264 words
  • Article
    US seeks S'pore cooperation on new export controls
    463 30  -  Aim is to limit chemical, biological, nuclear arms By Schutz Lee SINGAPORE The US Department of Commerce wants Singapore to cooperate on new controls to help limit the development of nuclear, chemical and biological weapons. The director of the US Office of
    463 words
  • Article
    Lock icon Japanese welcome formation of European Economic Area
    419 30 Reuter TOKYO Japanese businessmen and officials say the new European Economic Area will create an even larger market and greater investment opportunities for them, but some fear a more powerful Europe in future. The 12-nation European Community and the sevencountry European Free Trade
    Reuter  -  419 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      83 30 Yi 1 fS/IdHF^EE^BC^I —II The Richness Of Leather Handmade To Perfection. Exclusive Seaside Hotel Freehold CONTACIO INTERNATIONAL HOTEL, MOTEL RESTAURANT 156 West Coast Highway X SCARBOROUGH, W.A. On site Wed. 27th November 1991 at 11.00 am Superb elevated location offering unobstructed panoramic ocean views Improvements comprise fully licensed hotel and
      83 words
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      Page 30 Advertisements Column 2
      214 30 R 1 IVll=df=J^SC=:I —II The Richness Of Leather Handmade To Perfection. MKROCASS€TTE-RCCOROER SB Pearlcorder S9 30 The new Pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded
      214 words
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  • Shipping Times
    • Article, Illustration
      Jin Xing Group planning local, overseas expansion
      513 31  -  By Selva Kumar SINGAPORE Barely two months after building its own three-storey warehouse in Jurong, home-grown Jin Xing Group is already planning for a second warehouse to be completed in two years' time. The group also intends to build a warehouse in Hongkong
      513 words
    • Article
      Lock icon Taiwan's airline industry bucks world recession
      432 31 AP TAIPEI While many international carriers are reporting losses and cutting services, the airline business is growing in Taiwan. Two new international airlines were licensed within a couple of months this year to compete with China Airlines (CAL), the island nation's flag carrier. Another
      AP  -  432 words
    • Article
      Lock icon McDonnell to price new jet below Boeing 747
      150 31 Reuter LONG BEACH, California McDonnell Douglas Corp said it plans to price its newest jet, the MD-12, under the lowest list price for its nearest competitor in the widebody transport market, Boeing Co's 747-400. Officials detailing the expected launch of the new
      Reuter  -  150 words
    • Article
      INDEX TO ADVERTISERS
      1233 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 AFS 15 5 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCLShpg
      1,233 words
    • Article
      Lock icon Japan Airlines orders 20 Boeing 777s
      251 31 NYT SAN FRANCISCO Underscoring the success of Boe- j ing Co's newest jetliner, Japan Airlines said on Monday that it had placed 20 or- ders and options for the i mid-sized 7775. The order, valued at USS2 billion (553.4 billion), comes two months after
      NYT  -  251 words
    • Article, Illustration
      Digital Equipment to manage CGM's computer systems
      349 31  -  By Magdalene Phang SINGAPORE Compagnie Generale Maritime (Asia) became Digital Equipment's first local customer of its facilities management service package with the signing yesterday of a contract worth 1 million a year. Under the agreement. Digital Equipment Singapore will run and maintain CGM's
      349 words
    • NEWS SUMMARY
      • Article
        Aussie dock reforms on target
        28 31 AUSTRALIAN ports are finally likely to achieve a slimmer workforce after 11 failed attempts at change since the Second World War Page 2
        28 words
      • Article
        US orders changes on Boeing 767 brakes
        37 31 THE US Federal Aviation Administration on Monday issued an emergency regulation ordering operators of Pratt Whit-ney-powered Boeing 767 aircraft to modify an auxiliary braking system of those aircraft Back Page
        37 words
      • Article
        Lucas' deal with GM unit valued at $5b
        36 31 LUCAS Industries, the British automotive and aerospace components group, has reached agreement on a long-term partnership with the aero-engine division of General Motors of the US Back Page
        36 words
      • Article
        Renault output hit by strike at plant
        45 31 RENAULT car production at six French and one Belgian factory was halted on Monday because of a strike at one of the French state-owned carmaker's main component plants. The factories affected employ a total of 40.000 Back Page
        45 words
      • Article
        Car crash data misleading: US groups
        31 31 CONSUMER groups said the US Department of Transportation deliberately designed crash tests to show that small cars were more dangerous than big cars Back Page
        31 words
    • LOG BOOK
      • Article
        Tie-up may develop new engine
        76 32 VILLEROCHE, France CFM International, a joint venture of General Electric Co of the US and France's Snecma, may develop a new engine for Airbus Industrie's stretch A 340, CFM's president said. CFM President Jean Bilien, speaking to reporters, said such an engine would fit between
        76 words
      • Article
        SMRT to start queue system at Orchard
        83 32 SINGAPORE SINGAPORE MRT Ltd will make boarding passengers at the Orchard station queue up to give way to alighting passengers. Courtesy signs on train doors and on platform screen doors have apparently failed to drive the message home. Orchard station was chosen because
        83 words
      • Article
        Branson to sell Virgin stake
        109 32 LONDON British entrepreneur Richard Branson plans to sell a 20 to 25 per cent stake in his Voyager Travel unit, which controls Virgin Atlantic Airways, to fund expansion of the airline, the Financial Times newspaper said on Monday. Mr Branson said he had appointed Salomon
        109 words
      • Article
        Chilean firm overshoots goals
        74 32 SANTIAGO A Compania de Telefonos de Chile SA stock specialist said on Monday that the Chilean company had surpassed its financial goals and should consider issuing more equity on the New York Stock Exchange. The company last Friday reported that third quarter net income rose 38.7
        74 words
      • Article
        No objection to Air Wis buy
        81 32 CHICAGO UAL Corp said the US Justice Department raised no anti-trust objections to its proposed acquisition of Air Wis Services Inc and that the statutory 30-day waiting period under the Hart-Scott-Rodino Act expired on Oct 27. UAL said no actions were taken by the
        81 words
      • Article
        Lizard theft: airports on alert
        60 32 WELLINGTON New Zealand airports were placed on alert yesterday as officials sought to prevent four stolen rare lizards from joining the illicit overseas trade in reptiles. Four of the prehistoric tuatara lizards New Zealand's most distinctive and the only survivor of its species on earth
        60 words
    • Article, Illustration
      Lock icon Aussie dock reforms on target
      1027 32  -  Australian ports are finally likely to achieve a slimmer workforce after 11 failed attempts at change since the Second World War, reports Kevin Brown Kevin Brown FT NO ONE is celebrating yet. but reform of Australia's Byzantine dock labour system appears to be back on
      FT  -  1,027 words
    • Article
      WEEKLY FREIGHTS
      177 32 Freight rates were steady on hopes for further Soviet and Chinese grain purchases but trading was quiet, due to an absence of major new announcements over the past week, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index gained ten points on the week to
      177 words
    • Article
      DAILY FREIGHTS
      1121 32 FREIGHT market fixtures on Monday were generally steady as the Baltic Freight Index's recent surge slowed, brokers said. The BFI was marked up one point to 1,650. Brokers said the Atlantic routes were hesitant but strong Japanese grain demand should limit any downside potential in the Pacific. A
      1,121 words
    • Article
      THE SHIPPING GUIDE
      9050 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,050 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        654 47 Vnsd Yoy No Berth Arrival DcfMrtire Marina Terminal 1 Batam Sayang *****1 M03 alongside 30 10/2300 Beta 06A 91 M02 alongside 3010 0600 Garuda G?0 M04 alongside 30 10 2300 Hopewell 9112 MOl alongside 30 10/1200 taya Bersama 1327 M03 alongside 2910/2300 Kabanjahe 40 91 M03 alongside
        654 words
      • Article
        IN MALAYSIAN PORTS
        223 47 Johore Port Berth: 1: ml; 2: Buffalo Express. Sri Nam Hua No 2; 3: Johan III; 4: Wan Ling 5; Bangramard; 6: ml. 01 jetty; NCC Na d. Santi. DC): Nur Marina Due on Oct 29: Bunga Cenderawasih, Jati. Kris Madura. Johan II. Chi Feng Kou, Sang
        223 words
      • Article
        CONTAINER SCHEDULE
        836 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrj/Balance Rslts Sty Voy No Etb/Btr Period From To From AMI Vctory ***** 30/1600 1 29/1500 29/1659 29/1900 An Adelaide ***** 31/1030 I 29/1500 29/1659 29/1900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700 Anson *****N 30/2300 1 29/1500
        836 words
    • Article
      Lock icon US orders changes on some Boeing 767 brakes
      343 48 Reuter SEATTLE The US Federal Aviation Administration on Monday issued an emergency regulation ordering operators of Pratt Whitneypowered Boeing 767 aircraft to modify an auxiliary braking system of those aircraft. Thailand's top investigator has said failure of a similar system, known as
      Reuter  -  343 words
    • Article
      Lock icon Lucas' deal with GM unit valued at $5b
      366 48 FT LONDON Lucas Industries, the British automotive and aerospace components group, has reached agreement on a long-term partnership with the aero-engine division of General Motors of the US. The deal could be worth up to USS3 billion (SSS.I billion) in export orders
      FT  -  366 words
    • Article
      Lock icon Car crash data misleading: US consumer groups
      138 48 Reuter WASHINGTON Consumer groups said the US Department of Transportation deliberately designed crash tests to show that small cars were more dangerous than big cars. At a news conference, government officials denied the claims made by Public Citizen, founded by consumer activist Ralph
      Reuter  -  138 words
    • Article
      Lock icon Textron hopeful of more govt funding
      178 48 Reuter NEW YORK Textron Inc is optimistic about receiving up to US$l billion (551.69 billion) for further development of the V-22 tilt-rotor aircraft, a company official said after addressing security analysts. Mary Howell, vice-presi-dent of the company's Washington DC office, said on Monday the
      Reuter  -  178 words
    • Article
      Lock icon Renault output hit by strike at component plant
      345 48 FT PARIS Renault car production at six French and one Belgian factory was halted on Monday because of a strike at one of the French state-owned carmaker's main component plants. The factories affected employ a total of 40,000. Production also stopped yesterday
      FT  -  345 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      20 31 Lines and services represented by /wm Members of the Registry ef Accredited i'or advertising enquiries, contact Shipping limes lei 74il2im/740-2(m
      20 words
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      Page 31 Advertisements Column 2
      216 31 X r TEL: 861 4711 FAX: 862 4711 The Straits Times Weekly Overseas Editioa A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A A convenient tabloid delivered 11m toyoueveiyweek,whereever you may be. Subscribe now: And be in touch. Tbe^jraifeT^^
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      Page 31 Advertisements Column 3
      31 31 Container Schedule 1? Daily Freights 2 Index to Advertisers 1 Shipping Guide 10.11 Ships in Port 17 Singapore Tries 17 Transport Gary 3 Weather and Sea Conditions 17 Weekly Fnsghts 2
      31 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2487 33 H VAA/L rl c 1.1 u Mnuinc anirrinvi nuLnvii.d khhhkh TEL *****11 FAX *****09 Alllf/ BOOKINGS TEL *****34 *****68 Iffßllll I LRMINAI/CFS TEL: *****18 220 f* EQQfifl PESAKA JARDINE SHIPPING AGENCIES SDN. BHD A PORT KFLANG TEL: *****18 FAX *****91 *****88 PENANG TEL *****4 FAX *****1 CFS TEL *****6 MMM
      2,487 words
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      Page 33 Advertisements Column 2
      3408 33 ■Oirnima TWO SAILINGS TO USA SEALAND MARINER V.124E ETA 4/TI/91 MAYVIEW MAERSK V.9202 ETA 5/11/91 Vessel Voy ETA I ETO Feeder by DESTINATIONS World Lynx/ Merkur Delta This week Mayvtew Maws* 9202 huk JUUiiJ cv 5/11 osoo hrs Port mtm M HUH Hi CFS 4/11 2359 HRS Kelang Penang OAK
      3,408 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1052 34 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KATSURAGI 08/143 31/10 23/11 19/11 18/11 ImH 1 THAMES 08/343 3/11 20/11 22/11 25/11 26/11 BB9S LA SEINE 21/144 7/11 30/11 26/11 25/11 t AU. WESTBOUND HANNOVER EXPRESS 05/344 10/11 27/11 29/11 2/12 3/12 POtT KELAMB 4 KNMK HONGKONG EXPRESS
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      Page 34 Advertisements Column 2
      711 34 SEABPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN NOU suv PPT IMPERIAL 2901E8 25/11 11/12 14/12 20/12 AISO ACCEPIMG CARGO WA SUVA TO lAUTOKA. PAGO PAGO. APIA t NUKUAIOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX IMPERIAL 2901E8 25/11 3/1 5/1 10/1 11/1 AISO ACCEPTMG CARGO TO ARICA,
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      1524 34 El itiawai &xsß REGULAR INDEPENDENT FULL CONTAMEB SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCI HAM BRI ROT MIT FEL UM (VIA (VIA (VIA mG HAM) not I NORASIA SUN 9134 3 03/11 25/11 27/11 29/11 30/11 31/11 02/12 01/12 02/12 NORASI A PEARL 9135 3 10/11 02/12 04/12 05/12
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      1968 35 jjjg Steamers Maritime Holdings Ltd IM£ P&O MSTRAITS^HIP^ Containers m-tt Vor No Hl| H'Konf #P»I S port M| Sou fail Hot Hb| lEOA WHS 1112 25/10 27/10 27/10 31/10 14/11 17/11 11/11 20/11 ACCEPTS 0W SAIS «o*oo* MT 0570 30/10 27/10 02/11 10/11 21/1123/11 CMGO lAIMA HAIRS* 9112 02/11 04/1103/11
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      Page 35 Advertisements Column 2
      2139 35 TO: U.8.A./PANAMA FM: U.3.A./PANAMA vtsstt wr v om lg6 cm toe M» won wyc wssti vot wyc moo uv cm lg» om> G£RMAN SIIWTOD EFU3 2/11 20/11 27/11 0/12 11/12 IJ/12 14/12 CHOYANG FOOHTM WAl* 11/O IWf IS/0 20/J 20/0 30/0 M/ 10 CHOYANC PA»K (F144 9/11 3/12 4/12 13/12
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      Page 35 Advertisements Column 3
      394 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS vessel *ot Isp rni ["Sue [Hi BAAB ULLAH I ljnO~ 30/10 CHAMHOW IRAQER 20 31/10 COSMIC LEMUR 5 4/11 0/11 SUNNT gMt 1 4/11 KOUSHUN It 5/11 7/11 HANG AH KOU 19 1/11 ORANGE OCtAW IPS 1/11 HEIICIA 11 10/11
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      Page 36 Advertisements Column 1
      636 36 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY SPOrT ROAM ADAM H BURG BREMEN ANTWERP SAIMJAT* 33W6 4/12 «/l 12/1 «/l 21 1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste AISO ACCEPTING BOTH CONTAINERS CONVENTIONAL
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      Page 36 Advertisements Column 2
      1238 36 H ANJIN SHIPPING ***** M **********1 FDR VSI I SIN I LINE HAUI LGB OAK FDR VSI I S« LINE HAUL SAV H.M NYC HAN*N HONGKONG 031E 30 10 DIRECT 18 11 ?1 11 FISHGUARD BAY 104N 511 H. YOKOHAMA 03« 12/12 13/12 15/12 HANJIN ROTTERDAM 016E 411 DIRECT 25
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      Page 36 Advertisements Column 3
      57 36 m REGULAR WEEKLY SERVICE TO: DUMAI* PERAWANG* PEKANDARU 5 VESSELS OPERATING BATAM SERVICE EVERY MONDAY A THURSDAY OWNERS A OPERATORS OF CARGO VESSEL. TUGS A BARGES SPECIALISE IN HEAVY-LIFT. PROJECT CARGOES TO ALL INDONESIA. MALAYSIA. THAILAND. PHILIPINE PORTS. OFFER CHARTERING OP OUR CAROO VESSEL, TUGS A BARGES. TEL: *****26 FAX:
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      Page 36 Advertisements Column 4
      1346 36 -4 f j -j. t ,j. i Inn so wt ra uc uwio»kianno iu ex u inc iw m«ww wc at na I I GMMI K 045 nloln PI 4/11 VII 7/11 11/11 11/11 11/11 14/11 U/U 17/11 21 11 10/12 12/12 13 12 22/12 23/12 »/!2 2» 12 21/12
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      Page 37 Advertisements Column 1
      1822 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) X BOOKINGS: TCDLVSfi L nPc!rc 9??9092 Jrjt MCA QCQVirP ******16 TERMINAL OFFICE .*****22 UK/EUROPE SERVICE i *****19 EPT *****53^*****4 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 MIM FAR EAST SERVICE *****48 CFS K27 IMPORT .*****69^*****50 •WPP NEPLINE SDN BHD MALAYSIA
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      Page 37 Advertisements Column 2
      1029 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—PtSCHARSNG WESTBOUND-LOAONG TRVfiHFfg) VIA ROTTCTDAM WS9IS E kg wi [sw |m |«c |bm» [m |rm |wn
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      Page 38 Advertisements Column 1
      1658 38 Sit f ICR Mo: 1244«?*****M) W I KTI? AS AQENTS FAX: *****07/8/® IV £-/l IN H/ MALAYSIA: .•Mjujm. ,am KAWASAKI KISEN KAISHA, LTD Indonesia: p.t sarana laut intErnusa, tel: jkt *****76.*****77.*****06 f EXPORT, (J*™ NAMERICA PACIFIC SOUTH WEST febbob **/n» [m «n mw» u u om cm nc a J
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      Page 38 Advertisements Column 2
      1226 38 VO PHIII-ORI€NT UN€S PT€ LTD I 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Telex: RS ***** PHJU FAX: *****78/*****38 BY AIR, LAND OR 5EA..... WE TAKE ON THE WORLD FOR YOU <XH MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 7 NOV DUBAI. DAMMAN. SHARJAH. DOHA. 5 NOV MUSCAT,
      1,226 words
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      Page 39 Advertisements Column 1
      1233 39 PACIFIC INTERNATIONAL LINES (PTE) LTD M m■■ PIL Building, 140 CecH Street #03-00, Singapore 0106. I JAKARTA I [BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN i BUNQA TERATAI 443 3/11 5/11 10/11 KOTA SURIA 9109 1/11 4/11 6/11 EOEN 451 5/11 7/11 12/11 JENLINK 73N
      1,233 words
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      Page 39 Advertisements Column 2
      692 39 'BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEDEN foyania 386 31/10 24/11 20/11 Komgan* 398 6/11 23/11 24/11 26/11 27/11 Nihon
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      Page 39 Advertisements Column 3
      323 39 > 4SM CONTAINER SERVICE Pel J jus Profms V69ON 1 No* 5 Mm tnjenurt? VIS7N 5 Not 9 No* Ptfaws Profrm V69IN I No* 12 No* Ing—ty BMI 12 No* It No* General Agents: Tei *****22 Ben Lint Agencies (S) Pte Ltd Fn: *****63 JORDAN FAR EAST LINE S.A. REGULAR
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      Page 39 Advertisements Column 4
      505 39 M MYANMA A FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) S'port P.KIf Pen P Gdf PAGAN VI7CW JO/31 Oct MLR GUI VI lON C/ 9 Nov HPAAN VIS9W 11/13 PftYA VIIIN 20/24 No* PAGAN VI76N 26/26 Nc» HPA AN VI7ON 30/2 DK •g!*THI BANK UNE (A
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      Page 41 Advertisements Column 1
      667 41 ■pTTLLJ i 111 i ill II r ScanDutehg 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FtEDKH WWL P.KLANO FENANO OCEAN VtMtl UN ILE NAVRE(I) R-QAM<O) B-NAMPTONU) KRURO<4) Q-RUROU)" s*™ 22/10 25/10 »/i® uTuivij TTTTi iiTTi 2T 27/19 nno 2 /1 24/10 T>ym/3M 31/10 22/11 2 SjHS 5" 22/10 K»rif«i/JM C/ll 23/11
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      Page 41 Advertisements Column 2
      678 41 WEEKLY, FIXED DAY, DIRECT CALL FROM LA SPEZIA, FOS, BARCELONA Nedlloyd Lines damietta, jeddah to Singapore I NEW ZEALANO/FUI ~1 VESSEL Jkt P.Kg fen *Bhk Sin Sluya Auckland Fip(A) N-Ptymouth(A) Timaru lytMUn(B) Duncdvi(B) Napier W«inglon(C) Tawanga N Rouen/9124S 27/10 lo Pt 21/10 21/10 24/10 27/10 11/11 23/11 13/11 14/11 15/11
      678 words
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      720 42 TO AUSTRALIA/NEW ZEALAND I s |fr»m Mat) *uct |p CHAIkT] mmtna «7TT mTTT TTTiT 17iT 1717" 17iT TiTii ait* wnc m 1/12 "17IF n/12 li/IT" i*, \i TiTii a«usvi ,'ij \i,\i M/t2 31/12 S /i TiTi 757^ C VrtOlME ?M 3/1 10/1 15/1 19/1 M/ 1 TO USA/CANADA *5 fsii
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      Page 42 Advertisements Column 2
      885 42 I 111 111 I EXPORTS TO HONGKONG, TAIWAN, MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTSOWD WY Wl ffH IKT SM W*. HAG AAO KU TYO ~SM2~ NGO KoB~|| VESSEL ¥OT |«N I fig PEN WLW TSK CHORUS 251 *25.10 30 U 211 511 1211 *****411 ACX RU6Y 2U
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      Page 42 Advertisements Column 3
      79 42 i mili± jhi i wim 1.1 rWi J t l.■ J I VA J Convtntwnal ICI/FCI Struct To wnu. UM fUKPf NO*IK SOUTH HKKX MCfIC MO KIM OOW) t VESSELS AVAILABLE FOR SALE/CHARTER/TRANSHIPMENT S/11/t1 "BACH DAMO- VUNQTAU/PHNOM PENH/CANTHO/AN OAMG 7/11/»1 -A VESSEL' MAOAAB/CALCIITTA/CHITTAGONG/RANOOOM 1/11/11 "A VESSEL" COLOMBO/DUBAI/OAMMAN/KUWAfT Jl/W/»1 "A VSL"
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      Page 42 Advertisements Column 4
      1576 42 Sa frn& M A 15? CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE CMI BUft SINGAPORE'S GENERAL AGENTS man AGENTS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD p GLOBAL PUTRA SaSmSum INDONESIA MARITIME PoST Th C2OM nJMM SIS T&EX: K *****/1 COSHP *T M: (»21)3M37. MI7M FA* ??filtf£/7
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      Page 43 Advertisements Column 1
      494 43 EUROPE "HANJIN VANCOUVER" WWW MEDITERRANEAN "FEN HE" 13W TOKYO "PACIFIC ARROW" 15/103 YOKOHAMA "PACIFIC ARROW" 15/103 KOBE "QUEEN'S WAY BRIDGE" 268 JAKARTA "BUNGA TERATAI" 443 ACCEPTING CARGO TILL 2/11 NOON CALL US NOW! FAST DIRECT REGULAR SERVICE TO INOONESIA PORTS PK. BALAM/PANJANG/PALEMBANG/MUNTOK VSI ETA ETD LOADING FOR DELI INDAH In
      494 words
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      Page 43 Advertisements Column 2
      503 43 Si RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lln«s) ZyUt FAX: *****15/*****03 fHj TELEX: RS ***** RISHIP (3 Lliws) Pt\ ETMPUW SHIPPING LWB 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FOR SPORE ANDINET 25W8 16/12 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT
      503 words
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      Page 43 Advertisements Column 3
      925 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM ETA El* SPORE POUT KELANC PENANC BLUE MUX 16/11 Sato) Loading tof MM KUVAI HUOHU 20/11 Loading for CUcutt) OOLPHN 5/11 S*M loading Fof Male PIONEER SUPREME 1/11 m PI Loading For Malt DONAKULM 10/11 Loaded For Felnuru PROGRESS LBERTY 14/11
      925 words
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      Page 43 Advertisements Column 4
      811 43 JAKARTA mm. w m m mmb. w wmtm mm* OASA ENAM 73S to»_Pt 2/11 HAM SHUN* 07W Ikm 31/10 Sun 3/11 ?di NANTA BHUM 64N TW 31/10 Sun 3/11 I EAGLE WIND 130 3/11 0/11 |AM BHUM 116S 0/11 12/il i°» W 4/11 SURABAYA maha bhum# iin s*t 2/11 Tm
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      Page 44 Advertisements Column 1
      1230 44 S'PORE MPOR": *****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 PfN PK qiu PCN PK SIN </11 C/ 11 7/11 A ,/r,»/DH m /*„t CokKnb 5 M 6 n 7/11 4/11 VI. 6/11
      1,230 words
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      Page 44 Advertisements Column 2
      347 44 blue star line TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL ITT SIN MAHSURI 0506 In Port 6/11 VIA NPI S/U 25/11 PROSPECT 15S 9/11 19/11 VIA NPI 21/11 «/12 MANOAMA 0508 19/11 30/11 VIA NPL 2/12 29/12 FULLY CONTAINERISED
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      Page 44 Advertisements Column 3
      901 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT ItTA IPEST VESSEL W SfOtE P. KEUWC KIM
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      Page 44 Advertisements Column 4
      306 44 NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR COKSOUDATIOKS TO A WDER VARETY OF PORTS. PORTS FREQUENCY/MTU ETA SM TRANSIT TM AUCKLAND 3 SALMGS 10/11 14 MTJ BANGKOK 4 SALM6S 1/11 3 DATS CALCUTTA 4 SALMGS 4/11 5 DATS CtfTTAGORG 4 SALMGS 1/11 5 DATS COLOMBO 3 SAIMGS 3/11
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      Page 45 Advertisements Column 1
      815 45 W. COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Smgapore E Ms« KARA6KVERETT 03/05 No» WHNEVERtTT 15/16 Nov 17/18 Nov SHAPIAEVERETT 26/29 Nov 30 Nov/1 Dec "EVERETT
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      Page 45 Advertisements Column 2
      491 45 CZ3Z I MES9 N.AMERICA/CARRIBEAN SERVICES vessel vot [so Imawunea leai Iksi [saw E»c |hh M EIAT iU ?/ll /IM C»N»0« l/l? 10/1? U/l? |l«.'l? 11/1? FU SINGAPORE 4IE S/ll m LIVORNO 9/1? II I? 22/1? ?4/l2 M/ 12 TIM MANtll M It/11 ?IM LIVORNO l/l? 11/12 «4/l2 ?6,1? cctplfif ciffo
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      Page 45 Advertisements Column 3
      571 45 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DtJBA' DAMMAN SMARIAH DOHA MUSCAT BAHRAIN ABO DHABI BANDAR ABBAS lIOOAH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG lAKARIA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN
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      Page 45 Advertisements Column 4
      488 45 PERINTIS LINE 11 *il_ 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBV PELOPOR 1012 02/11 05/11 DERAJAT 96 1 05/11 08/11 DASA LIMA 935 06/11 09/11 PELOPOR 1013 09/11 12/11 BONTANG PACIFIC 088 31/10 03/11 TANTO UTAMA 203 02/11 05/11 BONTANG PACIFIC 098 07/11
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      Page 45 Advertisements Column 5
      424 45 SIN FU EAST 4/11 KEELUNG/KAOHSIUNG 2/11 BANGKOK 3/11 MANILA/CEBU 2/11 JAKARTA/BELAWAN/SURABAYA 2/11 PORT KELANG/PENANG/E. Malaysia 4/11 BUSAN 3/11 TOKYO/YOKO/KOBE/NGO/OSA 5/11 HONG KONG SIN CHHU 5/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 6/11 LDN/FLX/LVP/SOU 6/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 6/11 LOS
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      Page 46 Advertisements Column 1
      959 46 C/f FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BAN6KOK VSL SIN/MADRAS VSL SIN/CALCUTTA fvSL SIN/BANGKOK SW MAA $W S* CAI S* W* NEXT AVAIABLE 30 30/10 05 07/11 13 14/11 NHT AVAILABLE 29 30/10 05 09 11 15 16/11 NEXT AVAKABII 29 Oct 2 No» 02 03/11 09 11/11 17
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      Page 46 Advertisements Column 2
      538 46 Bonterm/ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND HO CHI MINH FREMANTLE GOOD RATES! FAST TRANSIT! ALSO ACCEPTING CARGOES TO: PORT VESSEL ETA NEXT BANGKOK CONTERM MGENUITY 3/11 10/11 JAKARTA CONTERM EDEN 6/11 13/11 PENANG CONTERM SEROJA 4/11 11/11 1 PORT KELANG CONTERM W. BHUM 3/11 10/11 AUCKLAND
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      Page 46 Advertisements Column 3
      967 46 CUJI con wrv inTEßmoonfa LCL/FCL SERVICE FROM W Hn rs M J over 600 terminals/offices in U.S.A. j II /SB. \CWI maintains over 35,000 tractors trucks V II MCWI service* over 60,000 points in U.SA IJJ Km) Krwk offer reliable LCUFCL services Gonorol AgenM: 7Zi4ASxr-rsAMr PENANG— KL: allied-link SINGAPORE: 04-*****2
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      15 47 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
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      245 47 vO c O c vO c vO c vO c vO c Oc V VAN OMMEREN CETECO GROUP V 0 TRANSPORT DIVISION 0 Q VAN OMMEREN AIR (S) PTE LTD Q WHEN YOUR DEMANDS INCLUDE AIRFREIGHT, VAN OMMEREN AIR IS READY FOR TAKE-OFF. 2 H WE HAVE VAN OMMEREN AIR
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      310 47 TIDES AND WEATHER in i 1 1" 1 I —mmmmmmmmmmmmmmmmmmmmmmmmKmmmmmmmmmammmtmtmrnm TODAY'S TIDES (heiflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 *****300 1400 1500 1(00 1700 1800 1900 2WO 21M 22W 2300 JR 09 13 1 7 20 2.2 22 20 1 7
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      Page 48 Advertisements Column 1
      843 48 CHARTPOINT Every Saturday in Business Times HYUNDAI M, MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FgO« DOT PGP rut SB lit HAH. VOT KM) IBH 0M StA LHE HAUL VOY KAO TCM/SEA PTI MMG CHUN N132 21/10 22/10 24/10 H. PIONEER 44£ 1/11 11/11 21/11
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      Page 48 Advertisements Column 2
      220 48 iggl PT. CELEBES LINES dedicated common feeder service to from INDONESIA Vessel Voy eta eta eta 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 4 FCL to
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      Page 48 Advertisements Column 3
      592 48 CHARTPOINT Every Saturday in Business Times FCL LCL Services To BBS Fix Thursday Sailing j lobebh! SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 L 1 JEDDAH/UK/CONTINENT |||^H STOW I JED VTOW
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