The Business Times, 2 December 1991

Total Pages: 46
1 46 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MCI (P) 16/12/90 Monday, December 2, 1991 75*
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  • NEWS SUMMARY
    • 85 1 GENEVA United Nations economists yesterday forecast growing social unrest in 1992 in the Soviet Union and the former East Bloc with depression and unemployment fuelling pressure on governments to abandon economic reform. But in its latest bi-annual report, the world
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    • 44 1 BANGKOK Khmer Rouge leaders have agreed to return to Cambodia's capital after the government promised to provide better protection against demonstrators, head of state Prince Norodom Sihanouk said yesterday. Khmer Rouge leaders want guarantees of safety Pg 28
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    • 34 1 THE Urban Redevelopment Authority is to launch the sale of three hectares of land along the Singapore River tomorrow, which the authority has already dubbed "the Riverside Village" Page 2
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    • 25 1 GERMAN electronics group Siemens A G has ottered to share its expertise in semiconductors with Europe's struggling computer chip industry Page 5
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    • 41 1 PHILIPPINE House of Representatives Speaker Ramon Mitra. a low-key political veteran seen as a conciliator, became the front-runner in next year's May elections when he was chosen this weekend as the ruling party's presidential nominee Page 8
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    • 34 1 CHINA'S communist party leadership, after days of debate over the future of agriculture, has decided that the country's more than 10-year-old family responsibility system of farming will stay Page 9
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    • 27 1 THE Royal Johore Country Club, one of the most prestigious in the Malaysian state, has again opened its doors to new members Page 14
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    • 39 1 OSLO-BASED car carrier Den norske Amerikalinje A/S. better known by its trade name Norwegian America Lineor or simply NAL. will soon upgrade its three-month-old Singapore office to a full subsidiary. Shipping I imes Page 1
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  • MARKETS SUMMARY
    • 41 1 ALUMINIUM Co of Malaysia (Alcom). which lost MS 100 million (5560.4 million) in four years after its ambitious expansion plans ran smack into the 1985 recession, is going all out to make up for those difficult years Page 3
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    • 28 1 INDIA'S Aditya V Birla group has set up another majorityowned subsidiary in Manila as part of its investment diversification programme in the Philippines Page 4
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    • 40 1 THE US Federal Reserve will likely cut interest rates again this year, but it will take a dramatic slump in November payrolls due out on Friday to get it to move immediately, say economists Page 6
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    • 35 1 A SINGAPORE company has unveiled bold plans to invest in Vietnam's timber and garments sector and has recently launched a venture with Sandoi Chemicals Pte Ltd in Ho Chi Minh City Page 7
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    • 37 1 THE AUTHORITIES in Taiwan will allow the ever-rising Taiwan dollar to continue appreciating to head off charges that the government controls the exchange rate market, says a senior central bank official Page 25
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    • 21 1 CHINA has joined the growing list of countries helping Iran to boost its minerals production Page 26
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    • Article, Illustration
      26 1 Friday Chang? BT-MGA 704.46 +0.30 Kuala Lumpur ....532.09 -0.23 Tokyo 22.687.35 -93.07 Hongkong 4.149.80 +4.19 S%dne\ 1.601.4 -3.6 New York 2.894.68 London 2.420.2 -8.4
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    • 24 1 Exchange rates USS SS 1.6640 100 Yen SS 1.2785 MS SS 0.6044 Money market rates Overnight 3 3/16% -5/8 3-month 3 3/8 unch
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    • 29 1 Rubber Spore Dec 132.75«/kg <-0.50 M'sia Dec 2l9.00«/kg unch KL Tin Turnover 32 tonnes -32 Spot \1SI4.66/kg +0.05 Crude palm oil Turnover 640 lots -486 Feb MS891/tonne +5
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  • 434 1  -  By Chuang Peek Ming SINGAPORE Wah-Chang International, which is building a string of resort hotels in Thailand, is fast making its presence felt in the wider region with plans to build five to eight resorts worth $530 million over the next
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  • 423 1  -  Gemala continues seeking strategic acquisitions, joint ventures By Genevieve Cua SINGAPORE The diversified Gemala group is reining in expansion plans in Indonesia in the wake of tighter controls by the government on offshore loans. But the group continues to seek strategic acquisitions and
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  • 297 1 SINGAPORE Keen competition among hoteliers in Bali has prompted the Keppel conglomerate of Singapore and Gemala group of Indonesia to rethink their USS2OO million (about SS33O million) joint-venture resort project. The project, which was to have been completed in 1993. is
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  • 292 1 Reuter CANBERRA Australian Prime Minister Bob Hawke, his Labor government's popularity at an all-time low, said yesterday he would not call an election until mid--1993 when the economy had recovered from recession. Mr Hawke, whose government won a fourth successive term in
    Reuter  -  292 words
  • 298 1 Reuter MOSCOW Russian President Boris Yeltsin agreed after talks with Kremlin leader Mikhail Gorbachev last Saturday to guarantee funds from the Soviet state bank to ensure payment of salaries and other budget items. A statement issued by Mr Gorbachev's office appeared
    Reuter  -  298 words
  • Page 1 Advertisements
    • 148 1 THE PROFESSIONAL EYE CARE OPTIQUE PtRtS MIKI pjv" Plaza Singapura Liang Court *1 Scoa s Daimaru Marina Square Sunglasses Counter m Aircraft Schedule 27 Market Reviews 23 World News 9 Analysis 10 Money Changer Rates 27 World Stock Markets 24 Arts 17 Money Market 25 For market indices, editorial. Commodities
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    • 22 1 MORE THAN being just Singapore's leading data-cruncher, the Department of Statistics means to churn out the numbers that matter. Analysis, Pg 10
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    • 24 1 THE OUTLOOK for all sectors of the shipping market appears to uncertain, according to a bank's findings. Full report. Shipping l imes Pg I
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    • 83 1 Duiux THE BETTER PAINT West sees Russian economic moves as healthy sign, Back Pg Naturally enthusiastic. Aboard Japan Airlines, you quickly sense a genuine who encounter the refresh* ig hosprtafcty of JAL once, do so enthusiasm on the part of the in-flight crew. If s easy to see again and
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  • SINGAPORE NEWS
    • 330 2  -  Three hectares along S'pore River to be sold By Colin Tan THE Urban Redevelopment Authority is to launch the sale of three hectares of land along the Singapore River tomorrow, which the authority has already dubbed "the Riverside Village". There are two sites scheduled for
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    • 243 2 THE Trade Development Board is leading a 12-mem-ber trade mission to Hungary and Bulgaria today. It will be the TDB's first mission to Bulgaria. According to a TDB statement, the trip has been organised to coincide with the official opening of its office in
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    • 448 2  -  By Lilian Aug JURONG Town Corporation (JTC) is shelving, for the third time, its decade-old plans to build a mammoth commcrcial hub in Jurong East. Sources say the board considered reviving the proposed International Technology Centre (ITC) project early this year, but
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    • NEWS ROUNDUP
      • 78 2 TRAINING should be a top priority for both trade unions and employers in an era when industries have to cope with the challenges of structural changes, said Mrs Yu-Foo Yee Shoon. It might even be included as part of the agenda in negotiating
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      • 50 2 AT&T has appointed Telecom Equipment Pte Ltd as the sole distributor of Partner Plus communication system, a cordless key telephone system. The full feature cordless phone connects directly to facsimiles, answering machines, credit card readers and other standard telephone equipment without adapters or dedicated lines.
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      • 61 2 FIFTY students and staff from the Nanyang Technological University will leave for Jakarta from today until Thursday on a study tour. They are from the School of Accountancy and Business MBA programme and will be attending lectures, which includes lectures on the Indonesian economy and
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      • 77 2 A PUBLIC lecture on "US Policy Towards the Asia-Pacif-ic" will be held at the NUS Lecture Theatre 12 tomorrow from 5 to 7 pm. Hosted by the Singapore Institute of International Affairs and NUS Department of Political Science, the talk will be given by Dr
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 704 3  -  Firm to exploit Malaysia's economic boom and expand to reduce future volatility From William Chia in KUALA LUMPUR ALUMINIUM COMPANY of Malaysia (Alcom), which lost MSIOO million (5560.4 million) in four years after its ambitious expansion plans ran smack into the 1985 recession, is
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    • 349 3 KUALA LUMPUR Mega First Corp (MFC), which bought a 26.68 per cent stake in Palmco Holdings between April 3 and Sep 16 this vear for MS 100.236 million (5563.15 million) cash, intends to keep this strategic investment on a long-term basis. In a
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    • 611 3  -  THE HOCK LOCK SIEW COLUMN An issue regulators must weigh By S N Vasuki SINGAPORE Until recently, regulators frowned upon companies which sought to buy back their own shares. That was regarded as being a questionable practice which hurt minority shareholders. But with the winds of
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    • 421 3  -  By Magdalene Ng SINGAPORE Malaysian Plantations is tapping into Malaysia's growing tourism industry with the proposed purchase of Kota Indrapura Development Corporation (KIDC) for M 529.21 million (5518.69 million). M Plant will pay for the 2.92 million KIDC shares, or 91.27 per
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    • 291 3 MBT KUALA LUMPUR The Faber group, which plans to spend about Msl6o million (S$ 102.4 million) to expand its hotel division, aims to be a leading Malaysian hotelier by the time its expansion programme is completed in 1995. Chairman Abdullah Mohd Yusof said
      MBT  -  291 words
    • COMPANY BRIEFS
      • 58 3 SINGAPORE United Overseas Bank has launched a loan package for Singaporeans interested in investing in foreign residential properties. Called "Home-Away-from-Home Loan-Plus", the package offers financing of up to 85 per cent of the value of the foreign property. UOB says the loan can
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      • 55 3 SINGAPORE Pan Malaysia Rubber Industries Bhd is taking up a 10 per cent stake in Innovest Bhd for M$ 18.07 million (Ssl 1.38 million). PMRI said the purchase was made in view of the strong growth potential in the food industry, both locally and internationally,
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      • 48 3 KUALA LUMPUR Magnum Corp hopes to be given exemption from Malaysia's Capital Issues Committee's new guideline on chain listings when it applies for a listing of its subsidiary, Magnum Finance. Magnum Corp, however, has not submitted any application, or proposal, to the CIC yet.
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      • 70 3 KUALA LUMPUR Long Huat Timber Industries Bhd has posted a 35 per cent drop in group pre-tax profit to M 52.5 million (S$ 1.6 million) for the year ended Aug 31, 1991. Turnover fell 30 per cent to M$ 16.76 million, from M 523.84 million
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      • 67 3 KUALA LUMPUR Sungei Bagan Rubber Company (Malaya) has slipped into the red, with a pre-tax loss of M 59,233 (555.909) for the year ended June 30. 1991. compared with a Msl 15,826 profit previously. Turnover was higher at Msl.BB million, up 8.36 per cent.
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      • 54 3 KUALA LUMPUR Sime Darby Systems, which announced its partnership with California-based Silicon Graphics Inc recently, expects to capture a 20 per cent share of the Malaysian workstation market. SDS general manager Wee Kee Heng said his optimism stemmed from the huge potential the Silicon products could
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    • 313 4  -  From Al O Labita in MANILA INDIA'S Aditya V Birla group has set up another ma-jority-owned subsidiary in Manila as part of its investment diversification programme in the Philippines. The subsidiary, Indo-Phil Corn Chemicals Inc, is the fourth Birla has established in
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    • 365 4 BANGKOK A consortium led by Padaeng Industry Co Ltd, the metals smelting group, has agreed to take over the National Fertiliser Corporation (NFC) in a deal that will tic up Padaeng's zinc and copper smelting projects with fertiliser production, the Bangkok Post
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    • 364 4 BANGKOK Hopewell Holdings Group managing director Gordon Wu is considering financing the elevated transport system project here by borrowing from commercial banks of countries which have double taxation treaties with Thailand, the Bangkok Post reported on Friday. The paper said
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    • 436 4 Reuter MANAMA. Bahrain Kuwait is to clear about 5.7 billion dinars of bad debts among its 11 commercial banks and investment firms by year's end. Central bank governor Sheikh Salem Abdul-aziz alSaud al-Sabah told an Arab foreign exchange conference last
      Reuter  -  436 words
    • 576 4 NST KUALA LUMPUR Kuala Lumpur Stock Exchange (KLSE) executive chairman Nik Mohamed Din Nik Yusoff, whose three-year term ends in the middle of this month, is likely to be reappointed. Sources said that Malaysian Finance Minister Datuk Seri Anwar Ibrahim would likely
      NST  -  576 words
    • 349 4 NST KUALA LUMPUR The Kuala Lumpur Stock Exchange's new headquarters will be located at the government proposed "Financial Hill", which is in the vicinity of the area formerly known as Court Hill. KLSE executive chairman Nik Mohamed Din Nik Yusoflf said
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    • 598 4 MARKET TALK Political uncertainty blamed for poor outlook Reuter LONDON London share priccs have further to fall in spite of having dropped by more than 10 per cent in the last three months, according to technical analysts who predict future moves by
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    • 419 5 Reuter BONN German electronics group Siemens AG has Offered to share its expertise in semiconductors with Europe's struggling computer chip industry. In a recent letter from Siemens' management board chairman Karlheinz Kaske to the European Community's executive commission, Siemens offered Europe's other two
      Reuter  -  419 words
    • 324 5 Aid includes buying more E German goods Reuter BONN Leading West German industrialists pledged last Friday to help east German companies by stepping up their orders for capital goods and other supplies from the east, Economics Minister Juergen Moellemann said. West
      Reuter  -  324 words
    • 161 5 Reuter BONN Former stateowned east German companies still held by the Treuhand privatisation agency will make a combined loss of 30 billion marks (about 5530.6 billion) on sales of 250 billion marks this year, says a top Treuhand official. Management board
      Reuter  -  161 words
    • 292 5 FT LONDON British building shares fell sharply last Friday after Y J Lovell Holdings' announcement that it was making about £62 million (SSIB2 million) of provisions against the value of development property and would pay no final dividend. The group's shares fell
      FT  -  292 words
    • 308 5 FT MILAN Olivetti, the Italian computer and office equipment group, has announced a radical restructuring barely three weeks after Carlo de Benedetti resumed direct control. The changes, announced over the weekend, mean the virtual disappearance of the partly-overlapping divisions for product groups set up in 1989 by
      FT  -  308 words
    • COMPANY BRIEFS
      • 93 5 HONGKONG China has picked Swiss Bank Corp, Solomon Brothers and a major Hongkong broking house to market its first issue of stocks aimed at foreign investors. Swiss Bank, Solomon's Hongkong unit and Sun Hung Kai Co Ltd will sell 80 per cent of the
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      • 97 5 LONDON Citibank, a subsidiary of US bank Citicorp, has sold 5.75 million shares in Maxwell Communication Corp pic, cutting its stake in the beleaguered company to below 3 per cent. Citibank said last Friday its shareholding in Maxwell Communication was collateral against a foreign exchange deal
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      • 84 5 LONDON British Acrospacc pic has announced that it is holding exploratory talks with Japanese aircraft makers about a possible joint development of a successor to its 146 Regional Commuter Airliner. Japan's Nihon Keizai Shimbum newspaper said that BAc had held talks with several Japanese aircraft
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    • 10 4 Shares fall on political and econo w uncertainty, Pr 8?
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 86 6 FRANKFURT The future organisation of the German Bundesbank was thrown into confusion last Friday when the Bundesrat, the Upper House of Parliament in Bonn, unexpectedly rejected a government Bill to reorganise the bank s federal structure by a majority of more than two-thirds. The
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      • 114 6 OSLO Two Norwegian mortgage institutions said they had suspended new lending due to turmoil in Norway s finance sector, but said they had good liquidity. Bolig- og Naeringskreditt and Sparebank Kreditt said they had stopped taking applications for new mortgages although they would pay out
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      • 117 6 BONN Dutch Prime Minister Ruud Lubbers, host of a crucial summit this month on European Community integration, said he expected Britain to join a currency union plan by the end of the decade despite London's caution. "If the European Council, the Finance Ministers and
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      • 116 6 LONDON Central bank governors from Jamaica. Nigeria, the Philippines and Zambia's director of bank supervision were among those attending a meeting in London last Friday called by a United Nations body to discuss issues raised by the closure of Bank of Credit and Commerce International SA.
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      • 83 6 HONGKONG Draft legislation to allow the launch of the stock market central clearing system has been finalised following intense industry pressure, the South China Morning Post reported last Saturday. The Securities (Clearing House) Bill 1991 was to have been enacted in July after commotion
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    • 464 6 Reuter NEW YORK The US Federal Reserve will likely cut interest rates again this year, but it will take a dramatic slump in November payrolls due out on Friday to get it to move immediately, say economists. "The Fed is balancing
      Reuter  -  464 words
    • 550 6 Inflation dropping faster than fall in interest rates Reuter NEW YORK The Federal Reserve has been nudging down interest rates since July 1990, but some US economists say rates when adjusted for inflation have actually been rising. These economists, looking at interest rates in
      Reuter  -  550 words
    • 400 6 Reuter BONN The oppositiondominated Upper House of the German Parliament has thrown out Chancellor Helmut Kohl's ambitious tax reform plan, casting doubt over a cut in corporate taxes in 1993. Mr Kohl wants to raise consumer taxes and lower corporate taxes simultaneously,
      Reuter  -  400 words
    • 526 6 Reuter WASHINGTON The US Federal Reserve Board has approved two major bank merger proposals that will create major banking powerhouses. It approved a proposal last Friday for a merger between Chemical Banking Corp and Manufacturers Hanover Corp that will create
      Reuter  -  526 words
  • Page 6 Advertisements
    • 136 6 Access to SPH advertising and ADVERTISEMENT enquiries borings subscription enquiry Classified (Direct Sales) booking, and editorial hotline English Malay Newspapers 737 1166 services are toll-free from Chinese Newspapers 744 7888 December 1 Display (Direct Sales) (All Newspapers) 737 0046 Appointment Notices (All Newspapers) 737 0043 EDITORIAL HOTLINES The Straits Times/
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    • 59 6 260 TANJONG PAGAR ROAD Immediate occupation 726 29,000 sq ft High quality finishes in 24-hour security lift lobbies and offices 5 minutes' walk to Tanjong Pagar MRT Easy accessibility to AYE, ECP and port ©Contact Managing Sole Marketing SIHWDIS OCBC Property Services Private Limited (A Member of the OCBC Group)
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  • THE REGION 1
    • 369 7  -  Namita in tie-up with Sandoz Chemicals as well By Harish Mehta SINGAPORE A Singapore company has unveiled bold plans to invest in Vietnam's timber and garments .sector and has recently launched a venture with Sandoz Chemicals Pte Ltd in Ho Chi Minh City.
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    • 219 7 BANGKOK The Thai Agriculture and Cooperatives Ministry is working on a plan to help agricultural development in Cambodia, the Bang-kok-based The Nation reported last Saturday. The plan will constitute •the first step in promoting Thai investment in agriculture and agro-industries in Thai Agriculture Minister Ajva Taulananda
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    • 39 7 ANGKOR WAT, Cambodia Federico Mayor (centre), director-general of Unesco (United Nations Educational and Cultural Organisation), touring the Angkor temple complex last Saturday. He has signed an accord that will bring the complex under international protection.
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    • 353 7 BANGKOK Thailand will be in a position to increase exports to Malaysia substantially next year following Kuala Lumpur's decision to cut import tariffs on basic consumer products, ranging from 10 to 55 per cent, to 2 to 20 per cent, the Bangkokbased
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    • 361 7 AFP BANGKOK Thai Agricultural Minister Anat Arbhabhirama, just back from a visit to neighbouring Myanmar, has defended the trip as a "humanitarian" gesture towards that country. He told reporters at Bangkok's Don Muang International Airport after returning from Myanmar last Saturday that his visit did
      AFP  -  361 words
    • 270 7 BANGKOK The Asean Chamber of Commerce and Industry has voiced support for the creation of an Asean free trade area by gradually phasing out import tariffs on products traded within the group over 15 years, the Bangkok-based The Nation reported last
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    • NOTE BOOK
      • 112 8 KUALA LUMPUR The 12,000 Vietnamese boat people languishing in Malaysia may as well go home as there is little chance of them being resettled elsewhere, according to Malaysia's Deputy Prime Minister. "I advise the refugees to return to their homeland for their
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      • 89 8 KUALA LUMPUR Vietnam has offered to sell highquality rice to Malaysia at competitive prices that could hurt Thai exports, news reports here said yesterday. Dang Trong Cuong, deputy director-general of the Agriculture Bank of Vietnam, said he made the offer during talks here last
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      • 95 8 SYDNEY Ten scientists have been appointed to a government task force to try to arrest a plague called anabaena. a poisonous and primitive blue-green algae now killing livestock and devastating Australia's inland waterways. The lives of hundreds of families dependent on the waterways have been disrupted
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      • 63 8 JAKARTA Well-organised gangs are stealing millions of dollars worth of power in Indonesia which is already having trouble coping with legitimate demand, Antara news agency yesterday quoted a senior official as saying. The theft was highly organised and cost about 130 billion rupiah (US$lO9.B million)
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      • 87 8 BANGKOK Thai police said yesterday they had seized a huge cache of weapons apparently being shipped from the dwindling conflict in Cambodia to rebels in Myanmar. They also arrested three suspected arms smugglers, the police said. The weapons included 147 rocket-propelled grenades (RPG) and six
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    • 230 8 AFP CARACAS Indonesia's President Suharto said food security and foreign debt were crucial issues as the Group of 15 (G-15) ended its three-day summit in Venezuela last Friday. Speaking at a news conference here, Mr Suharto said the G-15 and other
      AFP  -  230 words
    • 540 8 Observers say Ramos may run as independent AFP MANILA House of Representatives Speaker Ramon Mitra, a low-key political veteran seen as a conciliator, became the front-runner in next year's May elections when he was chosen this weekend as the ruling party's presidential nominee. Mr
      AFP  -  540 words
    • 191 8 Reuter JAKARTA The Indonesian Finance Ministry has announced additional rules to support a controversial clove trading monopoly. Under the new rules, manufacturers of kretek cigarettes laced with cloves will have to prove they bought the spice from the Clove Support and Trading
      Reuter  -  191 words
    • 522 8 Reuter DILI, East Timor An Indonesian government commission investigating last month's army shooting of mourners in East Timor said yesterday it was difficult to get witnesses to talk. "It is not so easy to meet them (witnesses and relatives of victims) and to ask
      Reuter  -  522 words
    • 456 8 All Soviet aid workers to leave by year-end AFP PHNOM PENH On Nov 13, a day before the triumphant return home of Prince Norodom Sihanouk, a Soviet general named Vassili G Beliaiev quietly slipped out of the Cambodian capital. With him went the
      AFP  -  456 words
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  • THE WORLD
    • 366 9 Raging debate in Central Committee plenary session Reuter BEIJING China's communist party leadership, after days of debate over the future of agriculture, has decided that the country's more than 10-year-old family responsibility system of farming will stay. "People shouldn't have any doubts about
      Reuter  -  366 words
    • 366 9 BEIJING Bogged down in internal disputes while waiting for the revolutionary old guard, including Deng Xiaoping, to step down, China's political leadership proved again last week its inability to make concrete decisions for the country's future. Meeting for the Chinese Communist Party's annual plenum, China's political leaders
      366 words
    • 38 9 BOMBAY The children of prostitutes from Bombay's red-light district stage a rally for Aids awareness yesterday. The rally was part of the Aids Awareness Week launched by the Indian Health Organisation in Bombay.
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    • 403 9 Reuter BRUSSELS The Dutch presidency of the European Community is still clinging to its proposal for the Economic and Monetary Union (EMU) treaty to include a generalised opt-out clause. European Community finance ministers met during the weekend to formally debate for the first time
      Reuter  -  403 words
    • 508 9 Kohl urging national concessions for greater good AFP BERLIN As the backroom dealing unfolds ahead of next week's European Community summit, Germany has emerged as a beefy giant who has grown aware of his own strength and is suddenly afraid of it. Instead of throwing
      AFP  -  508 words
    • 460 9 Reuter WASHINGTON The Christmas shopping season has begun in the US with buyers in a cautious mood, as economists watch to see if they will open their wallets to boost the weak economy. The annual ritual of purchases for holiday gift-giving is a crucial
      Reuter  -  460 words
    • 213 9 Reuter CARTAGENA, Colombia An ambitious US proposal to create a free trade zone in Latin America remains at an early stage and its benefits will only be seen in the next century, says a Latin American economic body. The report by
      Reuter  -  213 words
    • WORLD WATCH
      • 89 9 SEOUL The UN Development Programme (UNDP) has asked South Korea to host a meeting in January on plans for a US$3O billion (5549.9 billion) development zone in northeastern Asia, Foreign Ministry officials said last Saturday. North and South Korea, China and
        89 words
      • 105 9 TOKYO Japan's Parliament will mark the 50th anniversary of the Pearl Harbour attack, which brought it into World War Two, by apologising to former enemies. The Kyodo news agency and the Japan Times newspaper, citing sources close to the ruling Liberal Democratic Party, said
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      • 90 9 CAPE CANAVERAL, Florida Astronauts aboard the shuttle Atlantis squeezed as much data as possible out of their experiments last Saturday before packing for an early return to Earth dictated by a navigational unit failure. National Aeronautics and Space Administration (Nasa) cut short the Defence
        90 words
      • 93 9 BEIJING Millions of Chinese workers at loss-making state enterprises can no longer rely on automatic pay rises, the official China Daily said last Saturday. The government, desperate to trim a huge budget deficit, plans to offer pay rises based on merit. Since the communists
        93 words
  • Page 9 Advertisements
    • 502 9 SINGAPORE INSTITUTE OF MANAGEMENT I MANAGEMENT DEVELOPMENT PROGRAMMES I DECEMBER 1991 FEBRUARY 1992 I Submissions Jan 23 I 1. The Whole Brain Corporation 24. Marketing and Selling of I Creative Management Jan 22- 24 a Trave) Agency Jan 24 I 2. Corporate Fraud r 25. Effective and Creative I Prevention
      502 words

  • ANALYSIS
    • 670 10  -  Crises in Moscow seem to be losing the impact they once had. Helen Smith finds out why tne world's financial markets are responding so coolly to turbulence in the Soviet Union Helen Smith Reuter COUPS, civil war, riots, economic collapse Western experts say
      Reuter  -  670 words
    • 1223 10  -  The Department of Statistics maintains some 10,000 data series but has only two challenges facing it countering the criticisms levelled against it and how best to meet the demand for statistics that capture Singapore's increasingly complex social and economic profiles. Anna Teo reports Anna Teo
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    • 456 10 THE world's best government statistical agencies, according to a survey by The Economist, are found in Canada, Australia, Swedeji and Holland. They all have in common the "considerable advantage" of centralised systems, where a single independent agency collects all the numbers. Singapore's is a decentralised system, with
      456 words
  • Page 10 Miscellaneous

  • ENTERPRISE & MANAGEMENT 1
    • 1289 11  -  In this first of an occasional series on Singapore s entrepreneurs, Claire Leow looks at the man behind Besco Building Supplies SINGAPORE'S MiE NilißE PR E N EURS. Claire Leow JACK SIM, 34, has many lively tales to tell and serves every one
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    • 323 11 LOCAL manufacturers and small to mediumsized enterprises (SMEs) that conduct business beyond Singapore and who find themselves ill-equipped can look forward to a new programme specially tailored to help them. The International Business Management programme organised by the Export Institute of Singapore begins
      323 words
    • 1063 13 Four different reactions to sending people on courses FT Management training courses differ enormously: some are conducted in-house, others are run outside the organisation, some are long (three weeks or more), others last one day or even less. Some take place in plush hotels,
      FT  -  1,063 words
    • 423 13  -  AT Kearney's survey of international firms throws up interesting findings. Salil Tripathi reports Salil Tripathi WHAT makes a company truly competitive and top-performing? A survey by the consulting firm AT Kearney shows that companies that develop leadership, focus on globalisation, empower their
      423 words
  • Page 11 Advertisements
    • 120 11 BEWARE Because Thtra'i Only One Original. And it's a fact! I*. Because SUN-X is imbed the ONLY genuine sun-control mm that has been in Singapore since 1968. Through our professional trained team of film specialists, SUN-X sun-control film has been installed in countless buildings, offices and houses. "-■7- iJ v
      120 words
    • 43 11 An Invitation To Preview 'I m <■» 111 VI m ZZ _■r 1 1 D frn mHhphbi Ngee Ann City Orchard Road, Singapore Knight Frank Cheong Hock Chye Baillieu Sole Marketing Agent for Orchard Square Development Corporation Pte Ltd I Office Leasing \\lll Department
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  • Page 12 Advertisements
    • 491 12 WE PRESENT A NEW DUTCH BANK THAT HAS THE MONEY TO MAKE THE WORLD GO ROUND. AND THE BRAINS TO MAKE MONEY GO AROUND THE WORLD. The merger between two well-known international local knowledge. So that we can frequently make your money work institutions, ABN Bank and Amro Bank, has
      491 words

  • Page 13 Advertisements
    • 210 13 BIG IN POWER, PERFORMANCE RELIABILITY For centuries; the elephant hos been known for its superior standard of reliability and safety. trained mechanics and equipped with a computerised strength and reliability in performing heavy lifting and One of the region's best-selling forklifts, the Toyota parts inventory system, all of which will
      210 words

  • SPORTS 1
    • 314 14  -  Kooi Cho Teng reports on the new-look Royal Johore Country Club Kooi Cho Teng SINGAPORE The Royal Johore Country Club, one of the most prestigious in the Malaysian state of Johor, has again opened its doors to new members. The non-transferable memberships are priced
      314 words
    • 494 14 Reuter RIO DE JANEIRO The days when soccer, samba and success were synonymous in Brazil are long gone. The pictures of Pcle raising aloft the Jules Rimet trophy which Brazil won outright with their third World Cup triumph in Mexico 21 years ago
      Reuter  -  494 words
    • SIDE LINES
      • 96 14 BRECKENRIDGE, Colorado Switzerland's Paul Accola beat Alberto Tomba for the second straight day, winning a men's World Cup slalom on Saturday and pulling even with Tomba in the overall standings. Accola, winner of Friday's giant slalom after finishing runner-up to Tomba in two sea-son-opening races the previous
        96 words
      • 65 14 LA QUINTA, California John Daly upstaged his betterknown opponents in the US PGA Tour's Skins Game here on Saturday, capturing six skins and US$l2O,OOO over the first nine holes. Daly, the surprise PGA winner in August, won five skins when he holed a three-foot birdie putt on
        65 words
      • 99 14 BRISBANE Australian cricket captain Allan Border set a world record for Test appearances when he led Australia against India in the first Test which started on Friday at the Brisbane Cricket Ground. Border is playing his 126 th Test, eclipsing the record of 125 held by
        99 words
      • 76 14 CASINO BEACH, South Africa Bernhard Langer of Germany ended the first day of South Africa's U*****,000 Wild Coast Skins tournament US$lOO,OOO richer Jiere on Saturday. The first seven holes were tied and Langer picked up the accumulated US$lOO,OOO on the par-three eighth hole to end the
        76 words
    • 576 15 SEA Games AP MANILA The Philippines captured more gold medals yesterday in women's softball, cycling, discus and martial arts to narrow Indonesia's lead in the 16th South-east Asian Games. Indonesia remained on top after 216 events with 64 golds, one more than the Filipinos,
      AP  -  576 words
    • 539 15 AP LYON. France Henri Leconte's unexpected heroics have carried France past the United States in doubles and moved the French team to the brink of its first Davis Cup title in 59 years. Still riding the emotional high of his opening-day upset of Pete Sampras
      AP  -  539 words
  • Page 14 Advertisements
    • 31 14 The Art of Fine Cognac. S g sr «^g<l^§aaSa ii ————MaMamjU^^^^j 1 SHB^Pj^^SiSjl^^l V I ™pp (■ff^KL-' Eif I SrLL MS i Martell Cordon Bleu. The Art of Cognac Since 1715.
      31 words

  • Page 15 Advertisements
    • 29 15 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg 4-8-1 Hatcho bori, Chuo-ku, Tokyo 104, Jaoan Tel: 03 3553-6961 Fax: 03-3555-2892
      29 words
    • 245 15 The secret of our success is not very difficult to understand: We work hard and stay competitive at all times We run an efficient operation and keep our overheads under control We take pride in maintaining the quality of our products We keep abreast with the fast changing technology to
      245 words

  • Page 16 Advertisements
    • 230 16 Nothing Beats A Bud. B3£j OF WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE TANTALISING TREATS Don't miss cxjr weekly specials in Tien Court. 2/12 8/12 Double Boiled Superiof Shark's Fin $22.00 9/12—15/12: Steamed Sultan Fish $4.00 per 100 gm. 16/12 22/12:
      230 words
    • 263 16 SCOTTS LOUNGE jLfu Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore s new Scotts Lounge. Hyatt Regencv Singapore 10-12 Scans Road Singapore 0922 Tel "'33 1188 3TgeI □□□□□□□□□jfi
      263 words
    • 269 16 ML*i Have a memorable Mi Ir evening at our newly-r«Pl>-X renovated Club 5! Unwind with a refresh- i ing drink and let V/ SUGAR N I V SPICES sooth m away your blues with their SMjT varied repertoire sBJ HAPPY HOURS: 17/ 5-9pm P/ n- I Plaza Hotel i smc«rotE
      269 words
    • 234 16 CHRISTMAS "SEASON BUFFET" CHRISTMAS "FESTIVE BUFFET December 1-15 December 16 January 1 Noon 2.30 pm Noon 2.30 pm Adult: $38++ Adult: $45++ ChUd below 10: $19+ Child: $22+ We serve the world to you at The Belvedere. o simply r^f 1 An*>pert«oceYou**fKtffagtf.Achoi«# P| local. or ra reasonable ortcm Every Saturday
      234 words
  • Page 16 Miscellaneous
    • 536 16 TELEVISION AND RADIO rhprkmatp SKr* 2 £E ,canoon 'HBSRSSr V-yIIVV AVI A 8.30 Close. 9JO Uml lattice. —An everyday 6.45 Visi Snd. 7.05 am, 5.05pm, 1.05 am: World 5.55 Pl* Opening and ProgramiM robbery turns into a bloody 7,04 Cable Hews Network. Business Report '-w: 1 Wghßgbts MM by XVI
      536 words

  • THE ARTS
    • 995 17  -  How does Shura Cherkassky feel about being called the Last Romantic? Harold C Schonberg talks to the great pianist who recently turned 80 Harold C Schonberg NYT NOW IT SEEMS to be official. Shura Cherkassky has been anointed Last Romantic, an exalted position last held by Vladunir Horowitz.
      NYT  -  995 words
    • 546 17  -  Julie Chatteijee witnesses the new season's fare staged by the Singapore Dance Theatre Julie Chatterjee WHEN the great Russian ballerina Anna Pavlova danced her way into the hearts of an Australian audience several decades ago, the Aussies created a special dessert for her they called
      546 words
  • Page 17 Advertisements
    • 208 17 AND ENTERTAIN Enjoy a sumptous appetiser and dessert spread with a choice of one main course. In the relaxing ambience of a hunter's lodge. Monday to Friday. 12 noon to 2.30 pm $31.00++ per person. For reservations. SINGAPORE please call 732-1222 ext 1582/97. 16 IS Wheeling and dealing is best
      208 words
    • 263 17 Y Traditional CANTONESE Cuisine «k|^H H O BEST HONG KONG DIAN XIN IN TOWN China China Restaurant I Marina Bay Gout Country Club A 2 6 Marina Green Singapore 0101 For Reservations Please Call2zi2bii. 9-COURSE DELICACIES vß*s 9 BONUS ITEMS $238 k MMBMBRggßggnggagg Bh ElKk I»• assorted cold curs M
      263 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4657 18  -  By Schutz Lee THE local stock market is expected to be quiet this week, consolidating within the range of 1,440 to 1,475 of the benchmark Straits Times Industrials Index. Trading volume is likely to remain thin as investors continue to take their cue from
      4,657 words


  • 3402 20 YTL Cofpn 50* 177 27 +18.0*' H Ixong Ind 50* 440 +10 2.3% Leader U 372 +10 +2.8*. Tasefc Cement 274 +9 +3.4*' Boustead 50* 161 +6 3.9*> MAS 366 6 +1.7*. Golden Hope 123 +5 M.2*. Rashid Hussain 200 5 +2.6*. Alcom 144 f4
    3,402 words
  • Page 20 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4531 21 MBT UNCERTAIN of the direction the market may be headed, buyers stayed away from the Kuala Lumpur stock market last week. The Malaysian bourse could not stir the interest of speculators and investors amid continuing uncertainty over the outcome of the longawaited recovery in the
      MBT  -  4,531 words
  • Page 21 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 381 22 Ci«Miy Date Year 8tn» Nat IW aaraiags 6ms mi to palN/toss (L) par shars dhrMand ('000) (cants) Metal Ctainers No* 27 Jun 91 $7.209L(W.131L) 05(1) YTl Corpn Nov 25 Jun 91 MS 19,961 ($11.530) 13.7(7 9) 10(10) Berpya Ind Nov 23 Apr 91 M$33.942($34.714) 8.1(10 4) 6(12) BurwiN
      381 words
    • 207 22 Company Date Year Groap pre-tax Nat earnings Grass ann to profit/loss (L) par share dividend (000) (coots) H Leong Credit Nov 28 Jun 91 M$57.561($35.181) 18(129a) 9(5 9a) Times Pub Nov 22 Aug 91 $50.932($45.408) 29 5(23) 10(10) Ind foygen Nov 18 Jun 91 M$34.844 ($24,335) 3.8(3.1) 5a)
      207 words
    • 716 22 Company Oat* Half-year Grout pre-tax Interim ana to profit/loss (L) dividend COM) Metro Hldgs Nov 29 Sep 91 $4.410($8.538) Golden Hope Nov 27 Sep 91 M$*****($30.2*8) -(3) QAF Ltd Nov 27 Sep 91 $3,358(51,516) J Cement Nov 25 Sep 91 $5.718($1.839) -<-) Pelangi Bhd Nov 25 Sep 91
      716 words
    • 669 22 Nov 28 Bedford Bhd will implement a group rationalisation exercise to streamline its corporate structure. The Cyde Carriage group is looking into the possibility of'building an office tower on top of the present Weld Shopping Complex in Jalan Raia Chulan, Kuala Lumpur Nov 27 Singapore Automative Engineering has
      669 words
    • 1790 22 Tram Registered Substantial Buy/ Me. ef Amount SharetwMieg Stock Date Holder SharehoWer/Director Sell shares Before After PCL 27/11/91 Nataion Co Ltd Natalon Co Ltd S 1.260,000 2.167.200 000 53.146.000 17 720 51.886.000 17 300 Tat Lee Bank 27/11/91 Highland Developments Pte Ltd Goh Han Teng wife B
      1,790 words
    • 743 22 Cwrwrt Ex Books Date Total tor Total far pa> went date doM payaMo the year last year AJS8 50c 12%(b) Dec 30 Jan 14 Ian 21 12% 10% Vntck Eflf 20c 6%TE Dec 5 Dec 11 Dec 30 12%TE 12%TE Antah Hdp 50c 6%(b) Nov 21 Dec 5
      743 words
    • 110 22 Cwmwn» Wtftebw* o»^,» Ei-date Nov 12 Boots dose: Nov 22 Acceptance t Payment ian 2 1992 Im France Two-for-three <& MJO 90 per stare Ex-date: Nov 1 Books dose: Nov 18 Acceptance Payment: Oec 27 Vao rtap S«< Renounceade rights issue on the basis of one-for-two $120 per
      110 words
    • 556 22 Company Rights Issue tea Pat Land Four-tor-seven M$050 per stare Www Twh One-tor-one SI 00 per share Berjaya Grac Rights issue of $89m nommal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CHS) on the basis of one for four Bolton Issue of *****8m nominal amount of 1 3.51
      556 words
    • 497 22 Main Board Last Full Year Company Pinod Date Year Net EPS &oss Hit noiKtd endhf (cents) d* profit last year (S-000) EMS Fnal No* 6 Jul 91 3011 17,8781 •IC Hokfinp Intenm Nov 29 Mar 92 56 0 40.0 197.832 Transnarco Inter*n No* 29 Mar 92 34.2 6.0
      497 words
    • 216 22 City Developments Ltd: EGM at 16, Raffles Quay, #26-00 Hong Leong Building, Singapore 0104 on Monday, Dec 2, at 11am. j>i Malaya Qass Bhd: 30th AGM at 72A, Jalan Tampoi, ***** iohor Bahrujon Tuesday, Dec 3, at 12 noon. Wvt{ Ta takings Ltd: 27th AGM EGM at Carlton
      216 words
    • 92 22 lb Conversion Special Trig Scripieas Conversion deadline Period Tradias Company starts (I DP) (ST) starts H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec HIP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct It, Dcc I Partway Hldgs Oct 11 Nov 7 Oct 25
      92 words
    • 164 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1333 08 3/6/9.) |g| Jf }*g (3/gjl) 1991 tor. 1022 52 (16/1/91) g J* 1990 h* 1435.43 (16/7/90) g J* "J-" gjgjj 1990 tar 981.07 (09/11/90) [g J" JgJO ll/W/90 1989 h*t 1322.00 (28/12/89) g Jf J87* <» 1989
      164 words

  • MARKET REVIEWS
    • 731 23 FT YORK IT MUST have been with relief that Wall Street traders retreated to their turkeys and cranberry sauce last Thurs_day, America's Thanksgiving To judge by the tor~por which hung over Manhattan on Friday, no one was hastening back to their trading
      FT  -  731 words
    • 352 23 AFP LEADING STOCKS in London lost one per cent over the week as the background of political uncertainty continued to undermine the pound on forex markets, leaving brokers concerned about a potential rise in interest rates as the economy struggles out of recession.
      AFP  -  352 words
    • ASIAN MARKETS ROUNDUP
      • 152 23 Australian share market continued to ease throughout last week, ending in listless trade on the back of Wall Street's holiday. Renewed fears about falls on Wall Street saw the main market indicator, the All Ordinaries Index, tumble 26.7 points in trading on Monday. After firming slightly on Tuesday, it continued
        152 words
      • 150 23 SOUTH KOREA'S stock market continued sliding last week as the widening trade deficit kept depressing the "mood of traders. The Composite Price Index closed Saturday's trading at 652.1, down 8.47 points Jl from the previous week, in spite of a corrective surge on Thursday. Average daily turnover was a
        150 words
      • 135 23 POLITICAL TENSIONS pushed down the Taipei bourse during the week. The 243-issue weighted share price index lost 152.23 points or 3.4 per cent to finish at 4,391.61 on Friday, wiping out the previous week's 0.7-per cent gain. Market investors were nervous ahead of December's National Assembly elections. Most investors
        135 words
      • 178 23 INDIAN stock prices picked up last week after falling steadily over the preceding fortnight and remaining list- less in the early half of last week. The Bombay Stock Exchange (BSE) Sensitivity Index moved up from 1,855.94 points to 1,903.31 points, while the National Index rose from 893.65 points to
        178 words
      • 117 23 TRADING slumped further again last week at the Jakarta Stock Exchange (JSE) but more shares managed to close higher compared with those which fell, pushing the market's index slightly up. Average daily transactions fell to 3.63 million shares worth 15.60 billion rupiah from the previous week's average of 4.926
        117 words
      • 179 23 THE Philippine stock market fell slightly last week with the composite indices on both the Manila and Makati bourses down several points. At the Manila Stock Exchange, the Composite Index closed last Friday at 1,088.08 points from 1,105.31 a week earlier. The index had an average for the week
        179 words
    • 523 23 AFP >TOKYO SHARE PRICES fell on the Tokyo Stock Exchange last week, the third consecutive week of decline. The market yardstick, the Nikkei Stock Average of 225 blue chips, closed the week at 22,687.35, for a 430.04-yen or 1.86-per-cent fall over the week after
      AFP  -  523 words
    • 683 23 HONGKONG BELEAGUERED by a series of negative issues like the persistent weakness on Wall Street and Tokyo, the failure of the Special 301 talks and a quiet property market, the Hang Seng Index (HSI) went down 94 points last week. Sentiment, however, was not all
      683 words
  • Page 23 Advertisements
    • 239 23 TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3698 Reach TOP TALENT at the Highest Level —BUSINESS TIMES totofHw: Tsumi/vm/rrn IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF VISIONLAND (S) PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section
      239 words
    • 323 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OP JADE UNE (PTE) UNTIED (In Mambora 1 Voluntary Winding-Up) At an Extraordinary Qanaral Maating o» tha abovanamad company duly oonvanad and hald at 11. Sunsat 2150. on Monday, tha 29th day of Novatrtbar 1001 tha following
      323 words

  • WORLD STOCK MARKETS
    • US stocks fall in year's second-slowest session
      • Article, Illustration
        1430 24 US STOCKS closed with slim losses on Friday in the second-slowest session of the year as the few market trudgers attempted to shake off an initial depression tied to low investor confidence and weak overseas markets. Market bellwether IBM whose stock sank 3-5/8 on Wednesday after several brokerage
        1,430 words
      • Article, Illustration
        911 24 THE UK equity market ended slightly weaker on Friday with little in the way of good news to encourage the FTSE 100 Index away from current depressed levels. A combination of a weak German equity market, a recent batch of domestic profit downgrades and a weaker FTSE futures market
        911 words
      • 216 24 THE Frankfurt stock market took a beating on Friday, as the DAX spot trend index ended the day and week at 1,566.57 points, down by 1.36 per cent from the Thursday close, while the Commerzbank indicator shed 1.24 per cent to end at 1,814.60. Operators said the depressed bourse
        216 words
      • 162 24 THE PARIS bourse was depressed on Friday, as investors worried particularly about economic and financial developments in the United States. The CAC-40 Stock Price Index was stable at the opening, but wound up the session at 1,739.70, off by 0.87 per cent from Thursday's close. Operators said Wall Street's
        162 words
      • 155 24 MILAN share prices ended one of their better weeks of recent months on a poor note with worries about the November settlement and fresh international uncertainty inducing caution and profit-taking ahead of the weekend. "With all the uncertainty around... it is logical that people decide to take some profit
        155 words
      • 278 24 THE Zurich bourse ended a mostly lifeless session weaker, but slightly above the day's lows. Brokers said losses on foreign equity markets and Wall Steet's weaker opening depressed sentiment. The All-Share SPI Index eased 7.1 points to 1,040.2 after bottoming out at 1,037.8. Against the previous Friday, the index
        278 words
      • 92 24 SHARES ended Friday's trading session 0.87 per cent higher in Stockholm on the last day of trading before a turnover tax on share deals is scrapped. Prices initially drifted higher against the European trend on expectations of further increases today when traders are no longer shackled by the one
        92 words
      • 228 24 A NERVOUS outburst of late activity marked an otherwise turgid session on the Amsterdam Stock Exchange. But it failed to lift prices anld shares closed near their day lows. News that airline KLM had ruled out a takeover by British Airways briefly knocked 1.10 guilders off the shares but
        228 words
      • 308 24 JOHANNESBURG stock market shares were mixed to higher in thin trading on Friday as world gold prices traded at over US$366 an ounce. n The Overall Share Index was (P points higher at 3,542. The Industrial Index rose 12 points to 4,220, but the All-Gold Index eased three points
        308 words
      • 273 24 TORONTO stocks climbed on late Friday, led by moderate strength in the Gold Index, but trading was thin and trendless. With New York closed on Thursday and posting little volume on Friday, traders said it was difficult t6 draw any conclusions about the week's trading. The TSE 300 Composite
        273 words
      • 189 24 Nov 29 Close Previous NEW YORK Dow Jones 2,894.68 Closed S P 500 375.22 Closed Turnover (million) 78.64 Closed LONDON Financial Times 30 1,840.1 1,856.4 -16.3 FTSE 100 2,420.2 2,428.6 -*.4 Turnover (million) 517.0 556.2 -39.2 FRANKFURT DAX Index 1,566.57 1,588.16 -21.59 AMSTERDAM EOE Index 274.58 276.22 -1.64 PARIS CAC-40
        189 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 817 25 ASIAN CURRENCIES HONGKONG Most Asian currencies fell against the US dollar last week, -kmt the Taiwan, South Korean and .Philippine currencies defied the trend land rose. Both the yen and the Australian dollar fell after rallies earlier in the week. The week's
      817 words
    • 334 25 NEW YORK Reuter THE US DOLLAR rallied overseas last Friday on new concern about a possible Soviet coup, then eased in slow postholiday US trading. Position squaring in Europe before weekend and further selling in New York once the dollar breached a technical
      Reuter  -  334 words
    • 397 25 Cross rates Nov 30 USS SX MS Dm Yen SFr AS NZS USS 1 6665 2.7605 1.6258 130.00 0.5655 1.4340 1.2750 1 7800 SS 0.6001 1.6565 0.9756 78.0078 0.3393 0.8605 0.7651 1.0681 MS 0.3623 0.6000 0.5890 47.0929 0.2048 0.5195 0.4619 0 6448 Dm 0.6151 1.0250 ***** 79.96
      397 words
    • 519 25 Interbank rates Overnight 3 3/16 3 5/16 1-month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 "3-month 3 3/8 3 1/2 Overnight mode: 3-7/16 I S$ High Low 7 days 5 1/8 4 13/16 1 month 5 1/8 4 3/4 *2 months 5 4 7/8 3 months
      519 words
    • 398 25 No base line will be set for the appreciation, says official AFP TAIPEI Authorities here will allow the ever-rising Taiwan dollar to continue appreciating to head off charges that the government controls the exchange rate market, a senior Central Bank official said yesterday.
      AFP  -  398 words
    • 459 25 GOLD FINANCIAL FUTURES REPORT SINGAPORE Spot gold traded quietly between a high of U*****.00/369.50 last Monday and Friday's low of US$ 366.20/366.70 before firming slightly on talk of a possible new coup in the Soviet Union. It ended the week at U*****.50/368.00. However,
      459 words
    • 492 25 BANKS ABN' Amro Bank NV 8 Allied Irish Bank PLC 8Vj American Express Bank 8 Arab Banking Corp 8'/< Arab Bank PLC 7'/« ANZ Banking Group 8'/« Ban Hin Lee Bank 8 Banca Commerciale 8'/« Banco do Brasil 8 Bangkok Bank 8 Bank Bumiputra 8'/« Bank Negara
      492 words
    • 343 25 Number Indtcathra Gross M y w Coupon of day. of r 4^\Pj l0n Maturity T*" rat* (tm> paymont .ccruad ("eluding y^d r l #d pa) data. mt.rast ■«ruad (%pa) mumi) 15.2.92 N*****0E1990 41/2# 650.00 15/2 15/8 107 100.50# 2.07# 15.5.92 N*****0H1987
      343 words
    • 135 25 COMEX Nov 29 COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Dec 91 366.00 368.00 366.00 367.90 unch j an 92 369.60 unch Feb 369.70 371.20 369.30 371.10 -0.10 Apr 372.30 374.00 371.90 373.50 -0.20 Jun 374.70 376.30 374.40 375.90 -0.30 Aug 378.50 -0.30 Oct 381.00
      135 words
  • Page 25 Advertisements

  • COMMODITIES
    • 535 26 Aid in training and technology FT LONDON China has joined the growing list of countries helping Iran to boost its minerals production. Iran aims to lift output by nearly 20 per cent a year in the first half of the *****. Among other
      FT  -  535 words
    • 871 26 REPORTS LONDON Brent crude, the benchmark for North Sea petroleum production, fell to a three-month low at the start of last week before bouncing back when Opec decided to maintain production at current levels in the first quarter next year and to meet
      871 words
  • 1194 26 Rubber RAS (M> in totes) S cents/kg Int 1 RSS Close Nov 25 133.00 Nov 26 ***** Nov 27 131.75 Nov 28 132.25 Nov 29 132.75 MRELB (fob mi bates) M cents/kg Int I RSS Close Nov 25 221.00 Nov 26 220.00 Nov 27 219.50 Nov 28 219.00 Nov
    1,194 words
  • Page 26 Advertisements

  • THE TRAVEL PAGE
    • 1117 27 aty wgt ct» rig* rn> miaKt SQ228 2040 SQ227 2130 A—— RJ182 1220 fcmtarfaai SQ23 0700 KL842 2320 KL841 1340 AtbMS SQ36 2230 Aackia«< NZ25 1 530 NZ28 1645 SQ388 2035 BA12 2155 iari BW2i no5 SQ182 09T5 Bmkm SO 181 1410 B1422 1205 B1429 2030
      1,117 words
    • 573 27  -  POSTCARD FROM BERLIN By Mike Zwerwin THE Turkish entrepreneur wearing an "I want my wall back" T-shirt was of the same mind as Francois Mauriac, who said in the *****: "I love Germany so much that I am glad there are two of them."
      573 words
    • 152 27 As at 3pm on Nov 29: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.298 1.313 Canadian dollar 1.4515 1.4665 NZ dollar 0.9245 0.9545 Sterling pound 2.9245 2.9395 US dollar 1.6570 1.6670 Local dollars to 100 units of foreign currrno Austrian schilling
      152 words
    • 61 27 Duration Title Venue Organiser Tel Duration Title Venue OrB* nlscr is,™ sr sa- sss, as- Jaarneurs Jan 26-30 International Dubai Scatro Manage1992 Defence Police mcnt Services utioiitm Exhibition Pie Ltd Jan 14-18 Internationa Valencia. Fena Muestra- ********** nwoc^on 992 Fair of Home Spa.n no Internaco- Jan 28-31
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  • Page 27 Advertisements
  • Page 27 Miscellaneous
    • 303 27 6 Big letters provide lots of big buildings around big growing despite a blunder 9 It doesn't matter when jjHT jHffoj |HP quite a while (8) pH 10 Boy reluctant to leave Lo- 11 I It sounds a phoney 12 Spray air strain to get an 1 j f j|
      303 words
    • 198 27 Singapore Outlook: Showers over a few areas in the late morning and early afternoon. Report: Maximum temperature 31.0 Assoc humidity 70% Minimum temperature 24.1 Assoc humidity 96% Hours of sunshine 8.20 Rainfall in mm Nil Rainfall this month Nil Rainy days this month Nil World report Asia-Pacific Hi/I>o* Cond. Auckland
      198 words
    • 29 27 tlilillI Jg*JhflSPiraEl f\N£.CDOTfcS... RlODL.es ThIOR £-yCS GIAZfD ow ani >>N coNuNOßuros... i gave. BeFbte. we O€N PuueD MDW WS LOT OOT OF -n-e stmon.... ON "TV4C. TRPviM. ASSOCIATtO A_o
      29 words

  • 377 28 Agencies KIEV Ukrainians spurned warnings of disaster from President Mikhail Gorbachev yesterday and were predicted to have voted in their millions for full independence from the Soviet Union. The event, in an historic referendum on national independence. was seen as a crucial test
    Agencies  -  377 words
  • 250 28 Reuter WASHINGTON The chief of the Central Intelligence Agency (CIA) believes Soviet President Mikhail Gorbachev will be forced from power by the end of this year, US News and World Report magazine said last Saturday. The magazine said in the "Washington Whispers" section of its
    Reuter  -  250 words
  • 346 28 News Analysis NYT WASHINGTON A move by the Russian Republic last Saturday to bail out the Kremlin after the main central government bank ran out of money might be an encouraging sign for Western governments, bankers and investors. American experts and officials
    NYT  -  346 words
  • 416 28 PATTAYA Cambodia's fragile peace process could grind to a halt if Khmer Rouge leaders, who just fled Phnom Penh for their lives, do not win efTective guarantees for their safety, analysts said here yesterday. Khicu Samphan and Son Sen, who represent the radical
    416 words
  • 398 28 Breakthroughs urgently needed in farm trade Reuter GENEVA Gatt directorgeneral Arthur Dunkel, who called last Friday for a final push from Thursday in the Uruguay Round of trade talks, said that in some areas there was much more work to be done than
    Reuter  -  398 words
  • 224 28 FT GENEVA The European Community and the United States will resume talks aimed at resolving their differences over farm subsidies in Brussels tomorrow, EC officials said on Friday. The decision was reached after President George Bush and Ruud Lubbers, the Dutch Prime
    FT  -  224 words
  • 246 28 AFP JERUSALEM Israel yesterday rejected United States attempts to persuade it to attend Middle East peace negotiations in Washington on Wednesday, sticking to its decision to wait five days before joining the talks, a wellplaced source said.
    AFP  -  246 words
  • Page 28 Advertisements
    • 127 28 PiageT JdAIIIIERENHORLOGERIE DEPUISIS74 GENtiVE y*jCHUniversal 386 *33 486 *33 (64K cache) (256K cache) BP •'IBB Panasonic 1.2 and 1.44M8 r ggjjßj AO 14' 1024 x 768 Low Radiation Monitor Top quality 512k Super VGA card mm—mmmmmm—mm*—mm* Universal 101 Keyboard Rugged tower case 386-33 $2,688 -Dr Dos 5.0 486-33 $3,588 -e-*-™—
      127 words
    • 9 28 Who's afraid of a big, bad coup? Pg 10
      9 words
    • 10 28 All Soviet aid workers to leave by year-end, Pr 8
      10 words
    • 111 28 PiageT /MILLIER EN HORLOGERIE DEPUtS 18M GEN&VE w Now Zip gives you instant boiling f water every minute of the day... JUST TURN ON THE TAP. ZIP OUT-DATES URNS. KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AND SCHOOL. ZIP IS FULLY AUTOMATIC AND STEAM-FREE.
      111 words

  • Shipping Times
    • 411 29  -  By Dexter Lee SINGAPORE Oslo-based car carrier Den norske Amerikalinje A/S, better known by its trade name Norwegian America Line or simply NAL, will soon upgrade its three-month-old Singapore office to a full subsidiary. Visiting NAL vice-presi-dent Fridtjof Naess told BT that
      411 words
    • 336 29 SINGAPORE Shipbuilders around the world have clinched more orders for new ships, especially bulk carriers, in the third quarter of the year. In a statement recently, London-based Lloyd's Register of Shipping said book orders increased by 5 million gross tonnage between July
      336 words
    • 197 29 Reuter PARIS British Airways pic chief executive Colin Marshall said that he sees no real signs of economic recovery in the UK and US, two of the airline's key markets. "From our viewpoint, there are not yet any real signs that the recession
      Reuter  -  197 words
    • 1234 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 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 ASXCL Shpg 15 4
      1,234 words
    • 294 29 AFP HONGKONG An uncertain outlook faced all sectors of the shipping market due to slow rates of recovery in some major economies, the Hongkong and Shanghai Banking Corp said in a report published on Friday. "The outlook for all sectors of the shipping market
      AFP  -  294 words
    • 355 29  -  By Rahita Elias SINGAPORE Thailandbased feeder operator Regional Container Lines (RCL) is investing US$5O million (SSB3 million) on two new container ships from Hyundai Industries as part of its fleet expansion plan. With the two newbuildings, designed to carry up 1,288 20-foot containers,
      355 words
    • NEWS SUMMARY
      • 58 29 FOR 20 YEARS, the people who pioneered electric cars believed that the price of electric vehicles would decline to reasonable levels if a mass market developed eager to snatch them up. Now, even though 12 states have mandated such a market, the technology to make
        58 words
      • 42 29 A VISIT by US Sixth Fleet Aegis Cruiser York town to this Black Sea port and one earlier in the year by the flagship USS Bellknap herald new contacts between US and Bulgarian Navies Back Page
        42 words
      • 47 29 THE New Zealand government has given a shipping company an international licence to operate here after discovering it apparently had not had one for two years. Failure to prosecute the line has provoked annoyance from its major competitor Back Page
        47 words
      • 76 29 A GROUP led by Heine Securities Corp, a major shareholder of Air Wis Services Inc. said in a filing with the US Securities and Exchange Commission that it does not intend to support the merger offer of UAL Corp for Air Wis. The
        76 words
    • LOG BOOK
      • 86 30 LONDON The UK government has cleared British Airways pic's sale of its Cardiff-based engine overhaul plant to General Electric Co of the US. The Department of Trade and Industry said it had decided not to refer the sale to the Monopolies and Mergers
        86 words
      • 42 30 LONDON The refloated 25,502-dwt bulk carrier Hyundai No 12 is sailing for Ulsan, South Korea, for repairs, Lloyd's Shipping Intelligence Service said. The South Korean vessel underwent temporary repairs in Alaska after running aground in early October.
        42 words
      • 54 30 LONDON The Cypriot bulker Leon arrived at Muros roads, northern Spain, on Nov 25 for temporary repairs to a leak in its number two hold, Lloyd's Shipping Intelligence Service said. The 26,958 dwt Leon, bound Hamburg for Bangkok, will put in for permanent repairs after discharging
        54 words
      • 93 30 KARACHI Pakistan International Airlines Corporation, which more than doubled its losses in the year to June 30, hopes to recover by modernising and expanding its fleet, chairman Mumtaz Hameed said. "I believe that the modernisation and expansion of the fleet is the crucial contributing factor
        93 words
      • 45 30 SEATTLE Air Sensors Inc said it is seeking US$l5 million in private capital. Funds will be used principally to retire long-term debt and also to fund development efforts in connection with the Alternative Fuel Electronics System of its IMPCO Technologies Inc subsidiary.
        45 words
      • 154 30 LA JUNTA, Colorado For sale: General Electric train. But it won't fit under your Christmas tree. Eager to raise some cash, the La Junta City Council has decided to sell its 1942 General Electric diesel locomotive and 11km of track. City Manager Dan Noller said
        154 words
    • 655 30 FREIGHT chartering activity on Thursday was depressed although some Soviet business was seen, dry cargo brokers said. Among those fixings believed to be Soviet-bound was a 1973built panamax chartered by Western shipping operator Frontline on a prompt transatlantic round at U5512,500 daily. The same charterer has been active
      655 words
    • 1350 30  -  The technology to make a practical electric car is lagging. But more states in US have already mandated such a market to sell electric cars. Matthew Wald reports Matthew Wald NYT FOR 20 YEARS, the people who pioneered electric cars believed that the price
      NYT  -  1,350 words
    • 820 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      820 words
    • 10270 38 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
      10,270 words
    • SHIPS IN PORT
      • 537 45 H—> >nM had M T®rnHftji 1 Poc^ Batam Baru B109 U04 02.12/0900 0312/2300 Banglar Shobha J7 atongsde 02.12/1500 Batam Mam *****1 M05 02.12/1730 03.12/1500 Geo mmev atonp«te 0212/2 *5 Batam Saya* *****1 M04 0212/1000 03.12/0500 Vmta JU Batammdo 1 128S M01 0212/0800 02.12/1700 Wake Detapan 11/91 13
        537 words
      • 205 45 JOOOfc rOTI Berth: 1 Barge Kuala S*ak. 2: nd; 3: Johan Ml; 4: Kranj; 5: ml; 6: ml. 01 jetty: Team Stor Viken. DCJ: Gloria. •flue on Nov 29: Gngroy Ordzhomkidze. Barge Habm Nina. Turn Moral, Urn Mercy *-oue on Nov 30: Bunga Mawar. Bum I. Stolt
        205 words
      • 985 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookint/Batance Rrits voy No Etb/Btr Period From To From Sex Rose 21B 03/0500 1 01/1500 01/1659 01/1900 2 01/1700 02 0659 02 0900 3 02/0700 02/1159 02/1400 Mirqab 59 M/1200 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 'Mb
        985 words
    • 343 46 UPI VARNA, Bulgaria A visit by US Sixth Fleet Aegis Cruiser Yorktown to this Black Sea port and one earlier in the year by the flagship USS Bellknap herald new contacts between US and Bulgarian Navies, officials said. "When the USS Bellknap came to
      UPI  -  343 words
    • 203 46 AFP AVARUA, Cook Islands The government has given a shipping eompany an international licenee to operate here after discovering it apparently had not had one for two years, the Cook Islands News reported. Failure to prosecute the line has, however, provoked annoyance from
      AFP  -  203 words
    • 176 46 Reuter WASHINGTON A group led by Heine Securities Corp, a major shareholder of Air Wis Services Inc, said in a filing with the US Securities and Exchange Commission that it does not currently intend to support the merger offer of UAL
      Reuter  -  176 words
    • 315 46 AP PORT-AU-PRINCE, Haiti Long lines formed at gas stations on Friday as Haitians awaited delivery of the first imported fuel since a trade embargo was imposed seven weeks ago. Haiti's Senate threatened to sue the Organisation of American States in the
      AP  -  315 words
    • 164 46 AP CHICAGO Mike Milbratz just wants to get home on time. But there's an obstacle in his way: O'Hare International Airport. If it's an average day at the world's busiest airport, Milbratz will be about 10 minutes late. Milbratz, a businessman who flies thousands of miles
      AP  -  164 words
  • Page 29 Advertisements
    • 12 29 Übm and MnricM rMTMMtMI tor advertising enquiries, contact Shipping Times: Tel 740-20X9/740-2090
      12 words
    • 222 29 THE SPECIALIST Ht Wire Rope Slngi UiNng a Jnwrajß Jm FACILITIES djv Urang AtAajM^p JEwniMi n* ■ccowwiHuiawff Cockett Report 2 Container Schedule 1' Daily Freights 2 tndei to Advertisers 1 Shw»ng Gmde 10.11 Ships in Port 11 Singapore Tries 17 Transport ftary 3 Weather and Sea Conditons 17 Now, NOL
      222 words

  • Page 30 Advertisements
    • 56 30 RE: FOR SALE TWIN SCREW STEEL MOTOR VESSEL (SEMI-CONTAINER) CLASSIFICATION: AMERICAN BUREAU OF SHIPPING (ABS) PORT REGISTRY: LABUAN DWT: 1246 GRT 857 NRT 464 LOA 185'6" (56.58 M) YEAR BUILT: 1985 DESCRIPTION OF CRANE: 2 x P&H 435 SPEED OF SHIP: 9 KNOTS DRAUGHT: 10.387' (3.17 M) INTERESTED BUYER PLEASE
      56 words
    • 11 30 Reach TOP TALENT at the Highest Level t* mvwUm, ♦fiipfcini: nMm/im/m
      11 words

  • Page 31 Advertisements
    • 1515 31 ilppug Times, Monday December I IWI —t I OOCL (8) PTE LTD JARDWE SH* > P#W AGENCIES \t||f/ TEL: *****11 FAX *****00 BOOKINGS TEL: *****34 *****58 POfITKELANG TEL: *****18 FAX 3M0381 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 ■fIVPTPVM Dedicated to Quality Service »g]^Jg^& 5 £2! 1 43«
      1,515 words
    • 1686 31 TRANSPORT DIARY Dec 3-5: Mari-Chem 91 Conference in Cologne, Germany. Organised by Petamgas Maritime Services. For further enqui-225-6118, or fax: 223-9929. 223-9387. Dec 3-7: Marintec China 91, organised by Seatrade at Shanghai Exhibition Centre. Shanghai. Peoples Republic of China. 1992 Feb 21-24: Air TrafTic Services in the 21st Century 4th
      1,686 words
    • 939 31 ■arcwnnga YEAR END LOADER > PANAMA REOINA MAEHSK VOV. MO 1 PNW SEA LAND VOYAGER VOY. 170E RNW ETTO SIN 31/12/1991 I vc eta j ETQIF-d- destinations World Lynx/ Johanna to I ssKttss* r,! ijjji s«s? 'i!" r, r s;: s;: s:: s; MAGLEBY MAERSK 9202 17/12 18/12 14/12 13/12
      939 words

  • Page 32 Advertisements
    • 955 32 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ?>|||gM|| KAMAKURA 20/148 5/12 28/12 2S/12 23/T2 iMIT MONTE ROSA 18/348 8/12 30/12 28/12 28/12 tOMBE. ELBE 08/149 12/12 4/1 2/1 30/12 L LEVERKUSEN EXPRESS 04/34# 15/12 2/1 3/ J 7/1 SKWwTfOWS LONOON EXPRESS 06/150 10/12 10/1 8/1 8/1 CMNO
      955 words
    • 775 32 ■KAMPAC SERVICE DMfCT SOUTH P AOFIC SOMtt siJT NOU SUV PPT COPIAPO 3002E8 27/12 12/1 19/1 21/1 also ncctrms cargo m suva to lautoka, pmo paco. VM ft NUKUALOAFA MffCT CML£/ SOUTH AMEWCAH SERVICE SIN lOQ ANF VAP CLX COPIAPO 9002E8 27/12 3/2 4/2 10/2 11/2 ALSO ACCEPTMG CARGO TO
      775 words
    • 1593 32 I fel—mm*** auntm HMB REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALC BCL IMM OK ROT AUT FB. UM 5* (MA (MA (MA AH) MM) ROT) CHMA SEA 13SM 02/12 22/12 24/12 27/12 2S/12 2S/12 30/12 29/12 3S/12 NOR ASIA SMGA 9139-3 OS/12 29/12 31/12 04/S1 06/01
      1,593 words

  • Page 33 Advertisements
    • 2025 33 SgStgamers Maritime Holdings Ltd P&O Pnf Containers *»r No W| MKon, #M S port A* Sou Ant Ro« Hbo teems DUE SAAS TMU BAT 0571 25/11 24/11 02/12 H/12 21/12 23/12 jri LMXX MAHW 0114 30/11 02/12 01/12 05/12 20/12 23/12 24/12 20/12 t— In ft 03 Dec IMPORT MY
      2,025 words
    • 1780 33 ROUND THE WORLD CONTAINER SERVICE ANNOUNCEMENT EFFECTIVE FROM IST DEC 1991 CHO YANG (SINGAPORE) PTE LTD IS APPOINTED AS THE GENERAL AGENT FOR CHO YANG LINE, AND WE THANK STRAITS TRANSPORTATION PTE LTD FOR THEIR PAST SERVICE RENDERED. WE TAKE THIS OPPORTUNITY TO THANK ALL SHIPPERS AND IMPORTERS FOR YOUR
      1,780 words
    • 407 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO A HEAVY UFTS mm. [wr pi lluc Tui 5 KENDAH 1 ITrf "I MBMJM H FPT 1 in koch li "3 "I 5715 c/u mmm "5 5715 1/12 orange oct*n 75 5/12 1 1 GAYMTM 1 Vls 7/12 mm MHO M 11/12 12/12
      407 words

  • Page 34 Advertisements
    • 521 34 CR NBR 11«27»*****-D EXPRESS SEIRI-CONTAINERSHIP SERVICE TO EUROPE WL/W STORE DOW/MMM HTUK WOO AHTWW SMMJATA/33W 13/12 13/1 17/1 W} »/J KUTM/24N8 31/12 «/2 J/2 13/2 Wt FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Buto|«ct to toduownt Atoo accepting cargo to CaMblanca. Fort M, Port Alexandria. Gonoa. Triaato. ALSO ACCEPTING BOTH
      521 words
    • 787 34 HANJIN SHIPPING I DIRECT FORTNIGHTLY SERVICE TO MARIN VOY 002E ETA SINGAPORE 10TH DEC 91 ETA SYDNEY 23/12/91 (12 DAYS) ETA MELBOURNE 27/12/91 (15 DAYS) PLEASE CALL US TEL NO: *****88 CROWN MARINE CO PTE LTD FOR BOOKING PLEASE CONTACT: TAY CHEE WEE EXT 227 RADIYAH EXT 202 MARIA LEE
      787 words
    • 1165 34 SR9"=KVi d I mv«(atui«iiiHniiniiiiaiKiKiiißaii»Bi>aiii w I ■c aw* tu «/u vu w/u u/12 u/12 u/u w/u 11/12 7HU wu a/u yi ivi i7/i a/i i*a jvi jvi m wwr nn vri W CMS *43) 11/12 12/12 17/12 11/12 2M/12 21/12 24/12 a/12 27/12 a/12 8/12 11/1 21/1 a/1 24/1 V
      1,165 words

  • Page 35 Advertisements
    • 1890 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (Cfl NO: **********0E) BOOKINGS: :Z78«00 (TOLL-FREE) UK/EUROPE BERVICE *****19 UBABERVICE *****18 >• AU3T/INDWPAK SERVICE *****18 FARE^TSGTWCE TERMINAL OFFICE *****22 DOCUMENTATION DEPT :*****4V*****14 fm&km tt CFS: MBS- IMPORT *****3a0/*****50 CFS: MBS EXPORT *****53/*****04 NEPLINE SDN BHD MALAYSIA JBfcgPpi «j3) *****33, P. Kelang-(03) *****87, P«nang-(04)
      1,890 words
    • 973 35 SINSOV wfiSJ® KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES lEASTBOUND—O6CHMGMG WESTBOUND-LQAOM6 TMHSHmD W KOTTCTPAM *55i wy —Ijm Imu TmT~ wy |sw |m |mk Ibhy In l«w |aht iww |«i nmrnn jg?T TS7TT »7n~lt7n~ HOT 517TT~ a/i? *rtm n/»
      973 words

  • Page 36 Advertisements
    • 1461 36 v M AS AGENTS: KAWASAKI SWGAPORE (PTE) LTD (CR No: **********0 M) V W V TEL *****77 TELEX: KAWAJCIRS23I6S FAX *****07/8/9 i 1 iVI 14: MALAYSIA: 'K'LINE MARITIME (MALAYSIA) SON BHD I V M, £i TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■HHB KAWASAKIKISnKAISHA, LTD INDONESIA: P.T. SARANA
      1,461 words
    • 1376 36 PHILI-ORI€NT UN€S PT€ LTD BY AIR, LAND OR SEA.— J Wg TAKE ON THE WORLD FOR YOU tfg I v CTKi jagL- I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION \Bf f| I 5 DEC DUBAI, DAMMAN, SHARJAH, DOHA, 9 DEC I MUSCAT. BAHRAIN, ABU OHABI. B ABBAS VAjgOUVWST^BH^ONTAIjjO. I 6
      1,376 words

  • Page 37 Advertisements
    • 996 37 PACIFIC INTERNATIONAL UNES (PTE) LTD 1 m—| PIL Building, 140 Cecil Street #0300, Singapore 0106. 1^ WU I IBAN6KOK I u Aft i° V WN VUML VOY SINBKKSIN 4/18 8/18 11/12 KOTA pahlawan «US via 6/12 10/12 SJ~. 481 W »/12 10/12 KOTA BINT ANQ 0130 4/12 7/12 11/12 483
      996 words
    • 1220 37 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunga Sura' 438 5/12 23/12 24/12 26/12 27/12 Nedltoyd Hoorn 436 7/12 30/12 28/12 Benavon
      1,220 words
    • 472 37 m MYANMA \B* FIVE STAR UNE (Myanmar National Lina) Loading for Yangon (Rangoon) S port P.KIf Pen P Gdf HP*-** VI7OW 9/11 D*c PWTA VUSW 1/3 OK 21/30 0M PAGAN VI76W 5/7 Ok PA THEM VIISW 7/9 DK MERGU VI UN 9/12 Dm TgATHI BANK UNE (A Mrvtecof Andrew W*irSMpp4ng)
      472 words


  • Page 39 Advertisements
    • 454 39 l FEEDER y"s" IMC LANG PCNANO OCEAN VESSEL SIN HAVE,,, WW S O^W I :&s£:= m/ 11 */ii «/ii Lr;S B L »7» »7- «7« IB Bbun, M/ 11 1/12 2«/J| 30/ I 2 "i" 4/1 1/1 I B S«ro,. W Bhum 25/11 4/12 21/1 5/2 11/12 j/, 1/1 0/1
      454 words
    • 490 39 A Nedltoyd NED LLOYD OFFERS YOU WEEKL Y, FIXED DAY, T Nedlloyd Lines DIRECT CALL TO AMD FROM EUROPE/MEDITERRANEAN Z_ ~Z g,,, y— .<«, riwjw Lgfr.(B %y«> »y(»"«iir J i 525» j;, 1 |!I lii i ill >u: z at ss cL, s w.• d h w ./s««Li/s«_(ci.« «»»«*»3„, 1
      490 words

  • Page 40 Advertisements
    • 725 40 »ge iz fill l-l J J l'LJ,l|l|Jll|i|li|il 11 TO AUSTRALIA/NEW ZEALAND I [ski Fran |Maft |3(S |«wk |WC |P. CHALK rmssei w mTIT mTIT j/i »/i is/i "iiTi c. kmmc 2M vT u/i TiTi n/i nn «7i ANTNEWCN S" »7i t/t 11/2 15/2 21/2 23/2 MMTHA I2M H/2 2S/2 1/3
      725 words
    • 771 40 EXPORTS TO HONGKONG, TAIWAN, MANILA I lAPAN "TWICE WEEKLY" MALACCA STJtWTS SERVICE OUTBOIWD <0Y PRE W. «T SW MW. HR6 KAO REE TYO SM2 NGO K0» II VESSEL WT |S«W JWO PBI' *!Lj!LJ ACI ROSE 21> 27.11 H.U 2311 TIT 7.12 112 13.12 14.12 14.1M512 jCjUjg <U U2 HAAATH 23»
      771 words
    • 285 40 SEAWARD SHIPPING AND TRADING CO (SI PTE LTD pti ETA ETA SPORE PORT HUANG PENANG 10/12 7/12 BLUE JADE 10/12 loading tor Mite RUVM HUDHU 15/12 Loading to» Calcutta DOUHH 18/12 Loading Fo» Mate nONEER SUPHEME Loading Foe Male DONAXULHI POfiT Loaded For Felwam PROGRESS LBEITT IN FORT Loading tor
      285 words
    • 1401 40 t SI l&Pf- i^ ft a i DA MY 1 CHINA OCEAN SHIPPINGi COMPANY PULL CONTAINER LINER SERVICE UALkmi wore SINGAPORE'S GENERAL AGENTS: rf^^TptfTßA CHUNG CHIAO SHPPWG SOW BHD CO STAR SHPPING PTE LTD U^itm: RL TEL 4425W1/I7 FML *****J2. ***** m *****00/S «3 WDONESIA MJRlTlft P. RUNG TEL 3SUIK/S
      1,401 words

  • Page 41 Advertisements
    • 600 41 (fe FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 8/12 ROTTERDAM 8/12 HAIFA/ASHDOD/ALEXANORIA 8/12 HAMBURG/BREMEN 8/12 MARSEILLE/FRANCE 8/12 FELIXSTOWE/UK 8/12 BARCELONA/SPAIN 8/12 LEHAVRE/ANTWERP 8/12 GENOA/ITALY 8/12 GOTHENBURG/SCANDINAVIA 8/12 LOS ANGELES/WC/IPI 5/12" SYDNEY/MELBOURNE 9/12 NEW YORK/EC 5/12 FREMANTLE 4/12 VANCOUVER 5/12 BRISBANE/ADELAIDE
      600 words
    • 789 41 POMELO MARINE AGENCIES (S) PTE LTB el: rtmn (11 urm) Ub *****18/*****83 ELEX: RS ***** RtSMP (3 Urn) ETMPIAN SMPPM UNES (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL VOY ETA I LOAOtNQ TOR 1 SPORE ANO NET ?SWB 21/12 DARESSALAAM MOMBASA. DJIBOUTI ASSAB MA3SAWA ASSAY WOHZ 31WB 30/01
      789 words
    • 447 41 TO: ALL SHIPPERS IN OUR CONTINUOUS EFFORT TO REDUCE YOUR OPERATING COST WE ARE PLEASED TO ANNOUNCE THAT YOU CAN PLACE YOUR BOOKINGS WITH US TOLL FREE CALL NOW, TOLL FREE NO: *****68 mam im-urt VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA TIGER BRIDGE 161N 04-05/12 11-13/12 19-20/12
      447 words

  • Page 42 Advertisements
    • 1196 42 S'PORE MPORT:'22I6OO2 I I 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 SIN :PEN PK SIN Cotombo 5/12 6/12 7/12 6/12 7/12 8/12 Ldn/Fl*/Rdm/Ant Durban/Pt Louis 10/12 11/12 12/12 5/12 Gotttenb^/Stockholm/Orio 9/12 10/12 11/12
      1,196 words
    • 373 42 IDE nw UWE TO FROM B/ NEW ZEALAND AND T/S TO Fill TO AND FROM NEW ZEALAND PORTS $1N NPI Mil ITT MULKRA 24S 9/12 K J}* MAMSUU 0510 */I 2 J/J 4/2 PHOSPfCT US 4/1 W/l Wi FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH L LYTTELTON, ACCEPTING FCL LCL
      373 words
    • 1170 42 s&Z THONG SOON LINES PTE. LTD. 1 M- 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CQMVMmONAL/COWTAMa I CMffMM IHMBB SINGAPORE TO WEST MALAYBIA SINGAPORE TO WEST MALAVBIA jgja |wt \m lust itssa w
      1,170 words

  • Page 43 Advertisements
    • 751 43 vgHMHrnMBi \S?^^compahsTeruSH^^^ DE VAPORES "PERUVIAN STATE LINE" ACCEPTHG BREAKBUIK/FCL/SOC CARGOES TO/FROM CM.LAO, MATARAM, «-0* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING. fcMnf* P. Kalanf Sincapor* EHiia SHAfIAEWKTT 05/06 Doc 07/01 Ok KAMALEVERETT 25/26 Ooc 29/30 Ok KMMHEKTT 13/14 Jun 15/18 Jan "EVERETT ORIENT
      751 words
    • 463 43 CZ3Z I MEuSI N.AMERICA/CARRIBEAN SERVICES *I*l koT tm Nmup M" h ST P" f" t!" a m ll* 7/1* 7M HONGKONG 3/1 13/1 17/1 U/l 21/1 ZM MFWIW* HE 14/12 91 KEOUNG 15/1 25/1 21/1 31/1 2/2 IiEMRO 10C 19/12 m KMA 21/1 9/2 10/2 12/2 14/2 Act** ctr|« tr
      463 words
    • 521 43 MULTVMOK SHIPPIM PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEFTWO FCL/LCL DUBAI. DAMMAN SHARJAH DOHA. MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG, P/KELANG. JAKARTA BANGKOK. HONG KONG. TAIWAN, i JAPAN, MANIA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE, LEEDS, TILBURY. ABEROEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN i
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    • 427 43 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY DASA ENAM 904 3/12 6/12 DERAJAT 965 6/12 9/12 PELOPOR 1017 7/12 10/12 TANTO UTAMA 211 7/12 10/12 General Agents: ASIA PERINTIS LINES PTE LTD 19. Keppel Rd #05-02 Jit Poh
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    • 409 43 m FM EAST 9/12 KEELUNG/KAOHSIUNG 7/12 BANGKOK 1/12 MANILA/CEBU 7/12 JAKARTA/BELAWAN/SURABAYA 7/12 PORT KELANG/PENANG/E. Malaysia 9/12 BUSAN 9/12 TOKYO/YOKO/KOBE/NGO/OSA J 9/12 HONG KONG 81 9HI 9/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo sm imnm 8/12 LON/FLX/LVP/SOU 8/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/' Hungary/Roumania/Poland/Bulgaria/Czech. SJN USA/CANADA 8/12
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  • Page 44 Advertisements
    • 690 44 Pw» M U/l FIL CONTAINER SERVICES PTE LTD I CSh-mam calcutta I,«L WMM I V«L Wn7caLCUTT» V»t .M/.AHWO« pot muau Uli/1! Sum muMU ?w JMMI M-wu wmmmt in SSili SSS S3SS SSm 835 SSS JAKARTA DUBAI HONGKONG rtii SIN/JAKARTA fvBL SIH/DUBAI V>L BIW/HONQKOHO Si SN DUB an W6 S. SS
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    • 605 44 nonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 10/12/91 GOOD RATES FAST TRANSIT ALSO ACCEPTH6 CARGOES TO; NELLMGTON, NEW PLYMOUTH, NAHER. HAMLTON, CHRISTCHURCH, LYTTLETON, DUNEDM. PORT CHALMERS. PORT VESSEL ETA lOT BANGKOK CONTERM MGENUTY W/12 16/12 JAKARTA CONTERM EDEN 11/12 17/12 PENANG CONTERM B. SEROJA 11/12 17/12 PORT
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    • 475 44 m PENANG KL: aluio-LIHK .'jT^} 04-*****2 *****8955 778«822»H lines Marina Onfl «umk Ng/RMHp *4* IRS KIM SHIPPING j Pi l I COHT/UMnt/KO-RO/BKEAKBUK StRVKXS VESSEL VOY SIN DAM DUB *D SAUDI ABHA FEA 059 21/12 31/1 2/1 08/1 SAUDI RIYADH FEA 17/1 23/1 24/1 •Also accepting cargo for Norfolk. New Orleans.
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    • 456 44 MANILA ETA VIGOUR PACIFIC 51NB 7/12 VIGOUR SINGAPORE 15NB BANGKOK 7/12 14/12 BUSAH 9/12 16/12 HONGKONG 7/12 14/12 PURBAN/PT LOOK 14/12 28/12 KEELUNG 9/12 16/12 US A. 9/12 16/12 PT KELANG 5/12 12/12 KOBE 3/12 10/12 PIRAEUS 10/12 18/12 OSAKA 8/12 15/12 JAKARTA 5/1212/12 DUBAI 11/12 21/1? CHINESE-POLISH I *SUV
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  • Page 45 Advertisements
  • Page 45 Miscellaneous
    • 304 45 TIDES AND WEATHER TODAY'S TIDES (heigtit in metres) HOI* 0000 *****200 C3M *****5 M OCM *7*o MOO MM 1M»11M12M*****4M 15M IMOI7M IM» IMO 2MO 21M 22M 23M JR 14 12 11 1.1 1-3 1.7 2.1 2.5 2.6 26 2.4 10 16 1.2 10 0.8 09 1.1 1.4 1J 2.1 2.3
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  • Page 46 Advertisements
    • 834 46 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. eastbound feeder to pacific south-west to pacific north-west m fsii iwe haul wr mo lbh oar sea it haul wt «g tcm. so m NAN HAI Ml N037 25/11 »/ll 20/11 H COMMA HJER 30C 00/12 23/12 20/12
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    • 206 46 A CURTAIN BROTHERS TO SHIPPING PTY LTD EXPRESS WEEKLY SERVICE TO/FROM PAPUA NEW GUINEA ACCEPTING CONTAINER/LCL/BREAKBULK/H/LIFTS WATCH OUT FOR OUR DAILT ADVERTISEMENT PAGE f, COL SINGAPORE DIRECT TO LAE 11 DAYS ONLY JUST IN TIME FOR CHRISTMAS!!! VSL VOY ETA SPORE |EM LAE ETA POM PtTER Slf V4SB 8/12/91 19/12/91
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    • 520 46 ICHARTPOINTI Every Saturday in Business Times FREIGHT MANAGEMENT GROUP BELGIUM 08/12 INDIA 06/12 FRANCE 08/12 PAKISTAN 07/12 GERMANY 08/12 SRI LANKA 07/12 HOLLAND 08/12 MID EAST 09/12 UK 08/12 BANGLADESH 09/12 ITALY 14/12 SPAIN 14/12 THAILAND 06/12 HONG KONG 05/12 AUSTRALIA 04/12 PHILIPPINES 07/12 JAPAN 05/12 USA 09/12 MALAYSIA 08/12
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