The Business Times, 5 December 1991

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MCI (P) 16/12/90 Thursday, December 5, 1991 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • HEWS SUMMARY
    • 66 1 LONDON Britain's Serious Fraud Office yesterday said it has launched an inquiry with police into allegations of mismanagement of the Mirror Group Newspapers Pension Fund. Mirror Group Newspapers pic (MGN) launched its own inquiry into transfers of significant assets from its pension
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    • 60 1 HONGKONG The colony's Legislative Council thumbed its nose at its present and future rulers yesterday by voting to reject a Sino-British agreement on a Court of Final Appeal for the colony after it reverts to China in 1997. The deal would have placed strict
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    • 32 1 HONGKONG movie mogul Raymond Chow, through Golden Village Entertainment Singapore, has agreed in principle to operate a six-cinema multiplex in UOL's latest SiBo million Tiong Bahru Plaza project Page 2
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    • 36 1 CONTRACTS have been awarded for the first natural-gas-fired power station in Indonesia. a USSI.3 billion (552.2 billion). 900-megawatt plant that will supply electricity to the rapidly industrialising region of East Java Page 3
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    • 22 1 THE failed deal between German tyre-maker Continental AG and Italy's Pirelli SpA has renewed fears of "Fortress Germany" Page 3
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    • 24 1 SINGAPORE'S external trade for October shrank by 8.1 per cent in nominal terms, the first decline recorded this year Page 4
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    • 23 1 SOUTH-EAST ASIA'S fasttrack economies are headed for a period of consolidation in 1992 and 1993. predict two economists Page 11
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    • 33 1 THE Singapore accountant has changed his image from a serious person deeply involved with figures and taxes to one closer to the role of a total business adviser Page 13
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    • 28 1 A SENIOR EDB executive has urged Japanese marine equipment manufacturers to explore growth opportunities and form strategic alliances in Singapore. Shipping I imes Page I
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  • MARKETS SUMMARY
    • 30 1 WALL STREET opened slightly higher yesterday with the Dow Jones index of 30 leading industrials posting a 2.01-point gain tq 2,931.57 in the first five minutes of trading.
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    • 38 1 LONDON shares were slightly higher at midday yesterday, although well off early peaks, after a futures-related advance sputtered. At about 1200 GMT. the FTSE 100-Share Index was up 3.9 points, or 0.2 per cent, at 2.424.1.
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    • 25 1 FIRST-HALF net earnings at The Hour Glass shrank 41 per cent to Si.B4 million, in spite of higher turnover Page 6
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    • 22 1 SHAREHOLDERS of Gold Coin Ltd have been advised to vote for two resolutions involving the restructuring of operations Page 6
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    • 38 1 THE sale of a 14.4 per cent stake in Pan Malaysia Cement Works Bhd has earned Malayan United Manufacturing Bhd an extraordinary gain of M 545.4 million (5527.9 million) at the company level Page 6
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    • 19 1 US SECURITIES firm Smith Barney is planning to join Singapore's foreign exchange trading business Page 9
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 699.32 -1.25 Kuala Lumpur ..529.41 +1.03 Tokvo 22.669.44 +502.61 Hongkong 4.161.59 +37.21 S\dne> 1.612.2 -4.0 Tuesdav Change New York 2.929.56 -5.82 London 2.420.2 +5.3
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    • 24 1 Exchange rates USS SS 1.6590 100 Yen SS 1.2831 MS SS 0 6032 Money market rates Overnight 3 unch 3-month 3 1/8% -1/8
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    • 40 1 London Goto AM fix USS365.70 -USS0.30 Rubber S'pore Jan I33.50 t /kg -0.75 Vl'iia Jan 21 9.00Vkg unch KL Tin Turnover 69 tonnes -"21 Spot \1S14 65/kg -0.01 Crude palm oil Turnover 533 lots -425 Feb MS874 /tonne +1
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  • 433 1  -  Thai, French, UK banks lead the pack, says banker By Harish Mehta SINGAPORE Asean and European banks such as the Thai Military Bank and Credit Lyonnais are expected to be among the first four foreign banks to be granted licences to
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  • 312 1  -  Business opportunities on the rise since lifting of MAS ban By Hong Lee Tiam SINGAPORE After a two-year lapse, the Big Four local banks are all set to resume trade financing between Singapore and Vietnam. This follows the lifting on Nov 18 of
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  • 312 1  -  From Catherine Ong in HONGKONG SINGAPORE and Vietnam are in the final stages of negotiating an agreement that will pave the way for direct scheduled flights by their national airlines. A well-placed source in Hanoi told BT the bilateral air-services pact could be
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  • 226 1 SINGAPORE A year ago, many economists feared the worst for the Singapore economy in 1992, some even predicting a replay of the 1985 recession. Now, Singapore Business reports, the experts are singing a different tune if not a happy one, at least not
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  • 449 1 Reuter BRUSSELS European Community finance ministers tentatively agreed yesterday on a historic economic and monetary union (EMU) treaty, except for a handful of items referred to an EC summit next week, a spokesman for the European Commission said. The treaty, which should create
    Reuter  -  449 words
  • 161 1 AP WASHINGTON The US economy grew at an anaemic annual rate of 1.7 per cent in the July-September quarter, far slower than previously believed, the American government said yesterday in a report that added to worries that the country could be slipping back
    AP  -  161 words
  • Page 1 Advertisements
    • 241 1 <p c Rocecvor C Sorios FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 Kuala Lumper: Phone. 757 0233 Penan* Phone. 615 985/619 014 Jakarta; Phone. 374 085/360 147? Ad Marketing 15 KLSE 23 Weather 3! Aircraft Schedule 31 Money Changer Rates 31 World Stock Markets 28 Commodities
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    • 130 1 A R()I)F NSTOC k EC treaty paves way for economic union, Pg 3 NOL plans to launch services to more Indochinese countries, Shipping Times PRI Little to cheer about in latest US economic data, Pgll BRUNO MAGLI gx Br ipH HSIS y ||t MY BRUNO MAGLI COLLECTION Sole Agent: Marie*
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  • PAGE 2 NEWS
    • 602 2  -  Golden Village to lease and operate six-cinema complex at UOL project By Colin Tan SINGAPORE Hongkong movie mogul Raymond Chow's Golden Village Entertainment has agreed to operate a six-cinema multiplex at United Overseas Land's proposed $180 million Tiong Bahru Plaza. UOL's deputy general
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    • 249 2 Asahi TOKYO Bowing to pressure from the ruling Liberal Democratic Party (LDP) and business circles, Japan's Ministry of Finance (MOF) plans to lift a regulation restricting bank and other financial loans to the real estate industry by the end of this year.
      Asahi  -  249 words
    • 329 2 TOKYO Japan's economy slowed further in the September quarter, although a slowdown in consumer spending was cushioned by a rebound in export activity and a modest pick-up in capital spending. the Economic Planning Agency said yesterday. It said gross national product in the
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    • 205 2 AFP TOKYO Japan's direct investment in foreign countries fell 28.7 per cent from a year earlier to US$l9.B billion (5532.9 billion) in the six months to September, the Finance Ministry said yesterday. The steepest declines occurred in North America and Europe while falls were less sharp
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    • 564 3  -  Mitsubishi, Siemens, Belgian firm to build USsl.3b plant INDONESIA REPORT From Maggie Ford in SURABAYA CONTRACTS have been awarded for the first natural-gas-fired power station in Indonesia, a US$l.3 billion (about Ss2 billion), 900megawatt plant that will supply electricity to the rapidly industrialising
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    • 669 3 Three-stage plan on exchange rates and single currency set Reuter BRUSSELS The European Community Economic and Monetary Union (EMU) treaty tentatively agreed on by finance ministers yesterday sets out a three-stage schedule for fixing exchange rates and floating a single currency that would
      Reuter  -  669 words
    • 478 3 Failed Continental-Pirelli deal shows takeover taboo remains Reuter BONN The unexpected collapse of talks between German tyre-maker Continental AG and Italy's Pirelli SpA has revived fears of "fortress Germany", an impenetrable stronghold in the centre of Europe aimed at deflecting foreign takeovers, analysts and bankers say.
      Reuter  -  478 words
    • 379 3 Reuter PARIS A potentially fearsome competitor for France's Michelin has fallen by the wayside with the failure of cooperation talks between Italy's Pirelli SpA and Germany's Continental AG. But the breakdown of the talks leaves the door open to an eventual bid by
      Reuter; Source: Fundmental Research Incorporated  -  379 words
  • Page 2 Advertisements
    • 442 2 Computers and Communications THE NEC MULTISYNC FLAT GENERATION SERIES. In the IT business today, one For the user, we created an anti-static, constantly bombarded with announce- non-glare, low-reflection screen coating; ments and information about new flattened the screen (flat and square) products, all of which can dramatically t0 make the
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    • 8 2 Japanese banks' nonperforming loans surpass reserves, Pg 9
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • 561 4  -  Analysts remain optimistic about 7-10 pc growth in total trade for year By Sangeeta Mulchand SINGAPORE'S external trade for October shrank by 8.1 per cent in nominal terms, the first decline recorded this year. Both the overall exports and imports suffered declines during the month.
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    • 324 4  -  By Genevieve Cua FURTHER amendments to the Rules of the Supreme Court to introduce several radical changes to civil litigation procedures will come into force on Feb 1. Among the changes is one which empowers the court to call the relevant
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    • NEWS ROUNDUP
      • 89 4 DR BUDIONO Sri Handoko, Assistant in Indonesia's Office of the Coordinating Minister for Economic, Financial and Industrial Affairs and Development Supervision, arrived in Singapore yesterday for a three-day visit. He is here at the invitation of Lam Chuan Leong, the Trade and Industry Ministry's Permanent
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      • 58 4 FOREIGN Affairs Minister Mr Wong Kan Seng will make an official visit to India from today to Dec 8 at the invitation of the Indian Minister of External Affairs, Madhavsinh Solanki. Mr Wong will hold talks with Indian leaders on strengthening bilateral relations and
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      • 71 4 ASEAN countries should rapidly exchange information on rates of HIV infection to combat the threat of Aids. Minister of State for Health Dr Aline Wong yesterday also told the audience at the Asean Health Minister's Meeting that there was a long history of cooperation in health matters
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      • 78 4 THE Public Works Department will launch interbank Giro facilities for the payment of fees and charges such as advertisement and car park licences. From February 1992, advertisers will be able to renew their licences through Giro, which will ensure licences are renewed on a yearly
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      • 55 4 THE National Productivity Board has installed seven toll-free lines in its departments to serve customers better. The lines will assist the public with enquiries on various services and schemes. Among the toll-free lines are those to the Skills Development Fund, NPB consulting (seminars and conferences) and
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  • Page 4 Advertisements
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    • 14 4 Chartpoint guides you on investing in the stock market. Every Saturday in Business Times.
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  • Page 5 Advertisements
    • 117 5 |m 1411 Y£3£ 1 |K^VIIII [1 HirSTifS ifiAMM i I i lIJM 1 Bill Jls^^Sk^xv Bo With over fifty-five years of experience, Roy Eastern has earned the reputation for impeccable attention hH| to detail in servicing watches. And it is this attention that has won the company its appointment as
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 97 6 KUALA LUMPUR Malaysian Assurance Alliance (MAA), a member of the Melewar group, still intends to acquire a stockbroking firm even though its earlier attempt to buy into Ipoh-based C S Securities failed. Chief general manager Tunku Yaacob Tunku Abdullah said a stockbroking firm forms
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      • 96 6 KUALA LUMPUR MBf Finance is proposing to buy two floors of office space at MBf Tower in Georgetown, Penang. for M 59.102 million, as well as sell a plot of land in Cheras for M 51.57 million. In a statement, MBf Finance said it
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      • 73 6 KUALA LUMPUR Pan Malaysian Rubber Industries Bhd has told the Kuala Lumpur Stock Exchange that the proposed subscription of the Innovest shares at Msl.oo each is based on the par value as well as the market price of the shares. The subscription will be funded from internal
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      • 100 6 KUALA LUMPUR Antah Holdings Bhd expects to record an extraordinary gain of M 545.8 million from the proposed bonus issue of 15 million covered warrants on the basis of one covered warrant for every 10 shares held. Replying to a Kuala Lumpur Stock Exchange query, it
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      • 54 6 KUALA LUMPUR In a statement on the proposed acquisition of Sonatina Sdn Bhd, Antah Holdings Bhd said that the number, par value and type of shares to be acquired would be determined upon the completion of the office building, which is also the point at which
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      • 94 6 KUALA LUMPUR Antara Hotels Resorts Sdn Bhd (AHR) was appointed by Antah Holdings Bhd to manage the Valley Country Club, effective last September. The club, owned by Klang Valley Recreation Sdn Bhd, a member of Antah Holdings, is the latest business venture managed by AHR.
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    • 440 6  -  Weak retail conditions, subsidiary's losses account for fall By Carolyn Lim SINGAPORE The Hour Glass Ltd watch chain has reported a 41-per-cent drop in net earnings for the halfyear to Sep 30, due to the sluggish retail scene and losses incurred by
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    • 182 6 Bernama KUALA LUMPUR Malayan United Manufacturing Bhd made an extraordinary gain of M 545.4 million (about 5527.9 million) at the company level and M 521.7 million at the group level from the sale of a 14.4 per cent stake in Pan Malaysia Cement Works Bhd
      Bernama  -  182 words
    • 179 6 SINGAPORE Homegrown computer firm CSA Holdings Ltd and International Business Machines Corp of the US have taken their partnership one step further in a joint venture in the Philippines. CSA Holdings, through its subsidiary Computer Systems Advisers Pte Ltd. and IBM Philippines have set up
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    • 318 6 Reuter AMSTERDAM Internatio Mueller NV is set to surrender to the influence of Hong-kong-based First Pacific Co Ltd, once Internatio's executive chairman steps down at the end of this month, equity analysts say. First Pacific has sought to exert its influence over the
      Reuter  -  318 words
    • 521 6  -  MARKET TALK MONTHLY ROUNDUP By Maggie Ford JAKARTA After repeated warnings from Bapepam, the Capital Markets Supervisory Agency, Indonesia's 280 stockbrokers finally got the message. The government was serious about its requirement that brokers must bump up their capital to 500 million rupiah to qualify
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    • 448 6  -  By William Chia SINGAPORE Shareholders of Gold Coin Ltd have been advised to vote for two resolutions that will result in the company becoming a cash shell with $115.6 million after all its existing businesses are sold to the Swiss-based Zuellig family.
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    • 210 6 SINGAPORE Two com- panies in the Sembawang group stable have joined"* hands to form a leasing company called Sembawang Leasing capitalised at $10 million. Sembawang Shipyard has; 6.5 million shares valued $1 each, while Sembawang Maritime Ltd holds another three iriiilion shares. The remaining
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    • 448 7 Reuter LONDON Kevin Maxwell, who earlier resigned as chairman of Maxwell Communication Corp pic, has proposed a package vital to continuing bank support of the private family businesses. Mr Maxwell offered at a bank meeting on Tuesday to speed up disposals and
      Reuter  -  448 words
    • 387 7 Reuter BANGKOK Hopewell Holdings Ltd's decision to proceed with a much-delayed mass rapid transit system is welcome news to residents of traffic-clogged Bangkok, but some businessmen doubt the project will go smoothly. The Hongkong-based firm said on Tuesday that it would build the 60-km
      Reuter  -  387 words
    • 390 7 JAKARTA The financial performance of PT Astra International, the holding company of about 30 firms, for the first nine months of this year fully reflected the brunt of tight monetary policy, The Jakarta Post reported. The company's president, TP Rachmat, told
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    • 235 7 Reuter NICOSIA Saudi Arabia, the world's biggest oil exporter, has begun work on a US$2 billion (553.32 billion) plan to upgrade three of its seven refineries, officials and oil industry sources said on Tuesday. Samarec, the kingdom's marketing and refining company, said
      Reuter  -  235 words
  • Page 6 Advertisements
    • 348 6 C. T. HOO Singapore #01-22 Tanglin Shopping Centre. Singapore 1024. Tel: *****47, *****43. On behalf of the Alumni of the Association for Overseas Technical Scholarship (AOTS) Singapore, the Marketing Institute of Singapore is pleased to announce the following AOTS Japan Scholarship Scheme for the fiscal year 1992. 1) TECHNICAL TRAINING
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  • Page 7 Advertisements
    • 138 7 0 In Asia's bustling the renowned hospitality of Shangri-La hotels awaits you .....where the American Express* Card is always welcome. "£UESf y hospiuble reception Membership Has Its Prii ileges~ SHANCRI-LA INTERNATIONAL HKMwSBW HOTELS »»4 RESORTS Don't leave home without it* BALI BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA KINABALU KUALA
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  • Page 8 Advertisements
    • 218 8 1 PGF Golf invites 30 privileged GOLFERS TO TEE-OFF WITH THE LIKES OF Ia n Baker Finch, Wayne Grady, Michael Harwood, Rodger Davis and Craig Parry "THE CLUB" Cape Schanck invitational Golf tournament. 27th January to 2nd Febuary 1992. As Australia s top golf equipment handicap of 24 and below.
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  • FINANCIAL NEWS
    • 285 9  -  By S N Vasuki SINGAPORE American securities firm Smith Barney is planning to venture into the foreign exchange trading business in Singapore and may also expand into the insurance business in Southeast Asia, the firm's vicechairman Jeffrey Lane said earlier this week.
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    • 245 9 Reuter NEW YORK The New York Stock Exchange said a former member firm, a current member firm and 18 individuals. including Lowell Milken, consented to findings it made regarding violations of exchange rules and federal securities laws. The exchange said
      Reuter  -  245 words
    • SMALL CHANGE
      • 84 9 MANILA Foreign exchange stashed abroad during the rule of the late strongman Ferdinand Marcos is flowing back into the country, boosting gross international reserves (GIR) to record levels! a Central Bank (CB) spokesman said yesterday. The inflow of these "salted dollars" has caused
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      • 93 9 TOKYO Japan's over-the-counter (OTC) market should increase the degree of disclosure and reduce the rush of new listings at the end of the year. The Conference of Securities Association, a research organisation, said in a report yesterday that to improve the supply of timely corporate information
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      • 59 9 SYDNEY Reserve Bank of Australia deputy governor John Phillips plans to resign in April 1992. Reserve Bank governor Bernie Fraser said in a statement yesterday that Mr Phillips had informed the Reserve Bank Board and the Treasurer of his intention and will formally tender
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      • 68 9 TOKYO Japanese non-life insurance firms are considering applying for emergency bank loans to help finance billions of yen in policy payments for typhoon damage, company spokesmen said. According to The Marine and Fire Insurance Association of Japan Inc, estimated damage payments by insurance firms
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      • 69 9 NEW YORK Several major insurers said a move afoot in Congress to create a federal agency to regulate insurance solvency would hinder the industry unless insurers are freed from state regulation. US Rep Ronald Wyden (DOre) told insurers gathered here for a Cooper's Lybrand
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      • 64 9 MADRID Spain's newly-created state-owned Corporacion Bancaria de Espana SA (CBE), the largest bank group in the country, plans to be active internationally and to build up investment banking, chairman Francisco Luzon said at a CBE presentation to outline strategy to 1995. He was also studying
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    • 343 9 But move could be too little, too late: analysts Reuter TOKYO Japanese banks are inching towards greater disclosure of what may be huge exposure to risky loans, but financial analysts say the move could be too little, too late. "Everyone wants to know the
      Reuter  -  343 words
    • 246 9 Reuter TOKYO Non-performing loans of Japan's major commercial banks surpassed general loan loss reserves as of end-September, and the number of souring loans is likely to rise further by the end of the year in March, said the chairman of the Federation of Bankers' Associations
      Reuter  -  246 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 212 10 I II "X» lj-S I* n~~j^^Hfcg^^^^KH. K^^^Hl &fy." v -i >u. ■ÜBiiiiliiHlHlfilliHß SOLE AGENT SERVICE CENTRE: W'E'L'L'T'I'IVI'E SINGAPORE PTE LTD 435 Orchard Road #12-01 Wisma Atria, Singapore 0923. Tel: *****1 1. Authorised Dealers All Watches Leather Re Ltd Tel: *****73 Asia Watch Centre Re Ltd Tel: *****08 C K Tang
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  • THE REGION/THE WORLD
    • 497 11 Economies expected to face infrastructure problems cfrid competition for funds Reuter KUALA LUMPUR South-east Asia's fast-track economies could face slower growth in the coming years as they wrestle with infrastructure problems and growing competition for funds from Latin America, say two leading economists. "1992 could
      Reuter  -  497 words
    • 444 11 Current account deficit expected to hit US$ 10.8b Reuter MANILA Exports from Asia's dynamic developing economies are set to grow by a galloping 16 per cent next year, with imports almost matching the supercharged pace, says the Asian Development Bank (ADB) in
      Reuter  -  444 words
    • 467 11 Reuter WASHINGTON The United States government's main forecasting gauge for the economy barely budged for the third month in a row during October as business leaders increased demands for stimulative action by the White House. The US Commerce Department on Tuesday
      Reuter  -  467 words
    • 242 11 HONGKONG Hongkong's electronics industry leaders have signed a "preliminary agreement" with China to help alleviate the territory's acute labour shortage and enhance technology transfer between the two economies, the South China Morning Post reported on Tuesday. The agreement was signed between
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    • 155 11 JAKARTA Hongkong investors are exploring new investment opportunities in Indonesia, the Jakarta Post reported on Tuesday. A 16-member investment delegation from the British colony on Monday met with officials of the Investment Coordinating Board (BPM) and held talks with Indonesian businessmen to study potential
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    • 218 11 BANGKOK Thailand will propose that tariffs on four more sectors be removed during the initial implementation of an Asean Free Trade Area (Afta), the Bangkok Post reported on Tuesday. It said Thailand now wanted textiles; gems and jewellery; leather; and
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    • WORLD WATCH
      • 121 11 BANGKOK As part of free-market reforms, the Cambodian government says it will stop setting prices for trade in rice, the country's main crop and staple. Starting this year, it said yesterday, the state would no longer set the price for buying padi and rice from
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      • 86 11 BANGKOK Philippine Foreign Secretary Raul Manglapus met senior Myanmar leaders on Tuesday, the first full day of his official visit to the country, the official Yangon Radio reported. It made no mention of the detained opposition leader and winner of the Nobel Peace Prize, Aung San Suu
        86 words
      • 74 11 ABU DHABI Iran plans to open its private sector to foreign investors in a bid to hasten privatisation and revive its war-battered economy. Jaafar Marashi, the Iranian Deputy Minister of Industries, said on Tuesday that the shares of privatised companies would be sold first to
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      • 92 11 LOME Seventeen persons died on Tuesday as soldiers stormed the offices of reformist Togo Prime Minister Joseph Kokou Koffigoh and dragged him to President Gnassingbe Eyadema's residence, where he agreed to form a new government before being eventually taken home. In a joint television address. General
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  • Page 11 Advertisements
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  • 450 12 EDITORIAL INFORMATION OVERLOAD is an increasingly common complaint these days, but it isn't a grouse you would hear during the annual reporting season. Here, shareholders, investment analysts and fund managers are usually treated to a mountain of glossy paper and a molehill of financial information.
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  • WHAT THE OTHERS SAY
    • 317 12 LAST week, pursuing a line much rehearsed during the Commonwealth Heads of Government Meeting in Harare, the European Community (EC) declared that it would henceforth adopt a different approach to giving aid to the Third World. Developing nations which improved their democratic and human rights
      317 words
    • 68 12 AN independent Ukraine has been born. It is a great historic moment for the republic but another great setback for Soviet President Mikhail Gorbachev. It may be too early to write the obituary of the Soviet Union. But it is another strong indication of Soviet's disintegration. It seems
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    • 117 12 DURING the mob attack on Kieu Samphan recently, correspondents of news agencies managed to retrieve certain confidential documents which indicated that Pol Pot was still the backstage manipulator of the Khmer Rouge faction. Kieu Samphan appeared all smiles on several occasions after he was injured and said
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  • REGIONAL VIEWPOINTS
    • 251 12 IN the case of young adults who are a target group of Aids, their employees are in the right position to advise and help them in adapting to a lifestyle that is more healthy. Health Minister Datuk Lee Kim Sai's message is: "Forget about sexual freedom and live
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    • 128 12 IN the case of Aids, it cannot even be said that prevention is better than a cure. There is no cure. The spotlight on Aids might incite suspicion about the seriousness of the problem in Malaysia and might even bring on sniggers from other countries about an
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    • 139 12 APOLOGIES if Japan will really make them are okay, but as far as the attacks on Manchuria. Pearl Harbour and the occupations of Asian countries are concerned, apologies will only serve as lip service in the international nexus. They will not be very significant for the
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  • 726 12  -  Some US companies have managed to break into the Japanese market, while others have failed. Michael Hirsh reports Michael Hirsh AP American soft drinks flow abundantly in Japan. But American semiconductors barely trickle in. Mom-and-pop shops everywhere sell Marlboro cigarettes and Schick razors. But
    AP  -  726 words
  • Page 12 Advertisements
    • 285 12 THE EVENT Of 7 THE YB AR HHI^I For the the most Laos, the Concurrent /lands to Events... ever Technology event and conferences Your Immediate IT address the Market At by the IT Industry. These include IX Week the last few years has X to demand for IT WEEK Technology
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  • Page 12 Miscellaneous
    • 45 12 DOONESBURY BY GARRY TRU'deau £XflKFke* RUAX,THIS I DOfT KUCVB TT! THAT P&N7 we**! is A short- I cnlVA\ eeryouß-u.n. I oseDveeoew. cMf.neu, I 601N6T0 I filmy mgujT cur. rum- I wen- tfafhcl 60douhtwih...hhm...this I but I Tnirm M6TOSAK iN BLOCK JUsr6O~.OH<H I cajLVßt-meuecNSLAHz... m™»»)%>mru,ficKUP I
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  • ANALYSIS
    • 771 13  -  The lifestyles of newly-rich South Koreans is causing unhappiness in some quarters. Lim Yun-suk reports Lim Yun-suk Reuter Criticised for popping open the champagne too quickly, South Koreans are now being exhorted to cork it up, at least for now, and return
      Reuter  -  771 words
    • 1843 13  - Moving on by all accounts The Singapore accountant has changed his image from a serious person deeply involved with figures and taxes to that closer to the role of a total business adviser. Soh Tiang Keng reports Soh Tiang Keng AFTER playing a subdued national role for a long time,
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  • Page 13 Advertisements
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  • Page 14 Advertisements
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  • ADVERTISING & MARKETING
    • 685 15  -  As the odds pile up against retailers and credit card issuers, the erstwhile foes have begun to forge strategic alliances, reports S N Vasuki S N Vasuki SINGAPORE'S retail establishments and credit card issuers have for long enjoyed a lovehate relationship. Retail outlets resent the fact that they
      685 words
    • 543 15  -  Salil Tripathi looks at what the STPB is doing to woo incentive travellers from India Salil Tripathi TO REWARD your top people, send them to hell, says the Singapore Convention Bureau. In an advertisement aimed at persuading Indian companies to send their employees to
      543 words
    • 349 15  -  Hong Lee Tiam finds out what cruise operators can do to stay afloat Hong Lee Tiam STRATEGIC alliances between cruise operators and travel-related companies are not only good for the budding cruise industry but would be cost effective for all. says Yap Puay Beng.
      349 words
    • 270 15 DMB B wins $1m deal to relaunch Audi SINGAPORE DMB&B Tokyu has clinched a $1 million account to relaunch German car 'Audi in the local market, following one of the fastest new business pitches in Singapore's advertising history. "The client... asked us on (a) Thursday morning if we would like
      270 words
  • Page 15 Advertisements
    • 103 15 ANMCOUK MANAGER WITH ONE OF Tiiror brain, bran. (often in pi.) vertebrates, that 1 part the m the I nervous the body: the seat of the intellect and of sensation: the (often used in pi): a person ex- f the M Leo Burnett doesn't want people who just service an
      103 words
    • 96 15 j^^H t 1 ISp^l§li&iS; f/* 1 nai^^^B HSSS^^^ k^^r 1P^~" i Illg I—ff1 —ff jii g- r im^j««MMBMMMMM^^^^^K r '>. -1-ii. f -S ■<: V t* M W «V -*.<«? r' "V bin- < t* f ;t 4 JV' v r -> >. -V fim. k < V x *'°y
      96 words

  • SPORTS 1
    • 519 16 SEA Games Reuter MANILA The late Chinese kung fu star Bruce Lee would be right at home in the flurry of kicks, karate chops and flashing swords wielded by the hundreds of martial arts contestants at the 16th South-east Asian Games. Loud grunts and piercing
      Reuter  -  519 words
    • 286 16 Reuter ANTWERP American Michael Chang suffered a 6-4 j 2-6 6-4 defeat by Peruvian Jaime Yzaga in the first round of the injury-hit Euroj pean Community tennis 1 championship on Tuesday. Yzaga earned a berth in the second round against Ivan Lendl of
      Reuter  -  286 words
    • 227 16 AP MELBOURNE Australian officials, in an effort to tackle the state's plague of foxes, are offering hunters prizes for each animal they kill. Under the programme, dubbed "Foxlotto", hunters will hand in fox scalps to wildlife officers and selected companies in exchange for lottery tickets
      AP  -  227 words
    • SIDE LINES
      • 98 16 PANAMA CITY The World Boxing Association has stripped Jamaica's Mike McCallum of his middleweight title for breaking the WBA's rules. Britain's Steve Collins and American Reggie Johnson will meet for the vacant title and have one month to find a purse, date and venue
        98 words
      • 130 16 PARIS More than 300 cars, motorcycles and lorries will leave the French capital on Dec 23 on a 26-day, 12.500-km rally to Cape Town. The event, which replaces the traditional Paris-Dakar run. will pass through 10 African countries before finishing in Cape Town on
        130 words
      • 160 16 MARANELLO. Italy Ferrari has sold its research centre in England to Formula One rival McLaren Honda. The Guildford Technical Office, a centre of advanced technology for materials and aerodynamics, was built by Ferrari in 1986 when British engineer John Barnard became its technical director. But Barnard
        160 words
      • 61 16 MOSCOW Ukrainian athletes will take part in next year's Olympic Games under the banner of the Soviet Union. Valery Borzov, the double Olympic gold medallist who is now president of the Ukraine's newly-formed National Olympic Committee, said his athletes would be "at the heart of
        61 words
    • 538 17 Reuter NEW YORK Plans for sweeping changes to soccer's World Cup after widespread criticism of the 1990 tournament in Italy have been virtually abandoned. International Football Federation (Fifa) general secretary Sepp Blatter said in an interview on Tuesday that it was unlikely there
      Reuter  -  538 words
    • 340 17 Reuter STOCKHOLM Sweden's entry for next year's America's Cup challenge has finally left for San Diego after months of delay due to financial troubles and lawsuits. The boat, tentatively named "Swe 19", left Sweden on a Russian transport plane together with Italian entry "11
      Reuter  -  340 words
  • Page 16 Advertisements
    • 518 16 This announcement appears as a matter of record only i j THE BANGKOK BANK OF COMMERCE, LTD. US$ 18,000,000 CREDIT FACILITY Arranged by ASEAN FINANCE CORPORATION LIMITED Participants Public Bank (L) Ltd Labuan, Malaysia Societe Generate Bank Brussels Lambert, Singapore Branch Bank Bumiputra Malaysia Berhad, Singapore Branch The Bank o!
      518 words

  • Page 17 Advertisements
    • 188 17 Some People Actually Claim They COMETOTHE Lobby Lounge For Our Famous Irish i Coffee. Whatever the reasons, one things for sure. The Lobby Lounge is still the best place to meet your friends. After work, after dinner, after all these years. Omni#Marco Polo hotel Singapore FOR ENQUIRIES CALL 47 4
      188 words
    • 27 17 Call now: *****11. International Document Express Service International Package Express Service Express Cargo Door to Door Air Freight Local Courier Service Royal Parcel Express (S) Pte Ltd
      27 words

  • Page 18 Advertisements
    • 989 18 Nothing Beats A Bud. where to wine, dine OF 1 .-.---> i. t>. SCOTTS Retreat into a wodd of classical charm Create traditions Indulge in English tea or evening cocktails. Enjoy the repertoire of our stnng quartet or solo pianist. Experience Hyatt Regency' Singapore's new Scotts Lounge j. Hvatt Regena
      989 words
  • Page 18 Miscellaneous
    • 592 18 TELEVISION AND RADIO 6.30 Vldospowor (Cartoon). 7.30 So* Games Round-up. BUSINESS ON RADIO J J ***** -VS 7.00 WhMl of FeftHM. 0.00 News (M). 11l 111! ■■■■lIHI ill 1 1 l-C O T"T"T 7 I 1/^Dr 7.25 Programma Highlights. 8.30 Sandhrara Samasa. Bbc go o mHz n VMF Band II
      592 words

  • LIFESTYLE
    • 694 19  -  Tuna fishing and eating raw fish may become the next major environmental issue. Eric Talmadge reports Eric Talmadge AP ONE WEEK after losing a major battle to stop an international ban on drift nets, Japan's fishermen are crying SOS Save Our Sashimi. Sashimi that raw
      AP  -  694 words
    • 388 19 TWO elderly brothers of Andy Warhol went to court on Tuesday in a wrongful death suit against the New York hospital where the pop art guru died. "We just want justice for our brother," said John Warhola, 66, sitting next to his elder brother
      388 words
    • 323 19 Take-away love from a Japanese vending machine The Economist WHAT do video cassettes, ice-cream, pizzas, whisky and bouquets of flowers all have in common? The answer is that in Japan they can all be bought from a vending machine. Japan boasts more vending machines per person than any
      The Economist  -  323 words
  • Page 19 Advertisements
    • 177 19 AND ENTERTAIN tot I I abi I (Um I I sta I For the fresh and flavourful taste of Japanese j haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm I Dinner 6.30 to 10.15 pm. I I J ANA HOTEL J For reservations. SINGAPORE I
      177 words
    • 102 19 DOUBLE ATTRACTION AT WINDHAM HILL ARTISTES TUCK PATTI AND TURTLE ISLAND STRING QUARTET DATE: 12 DECEMBER 1991, THURSDAY PRICE $45 NETT (COCKTAIL SHOW) (INCLUSIVE OF 1 DRINK) SHOWTIME: 7.30 PM (ZOUK DISCO) PRICE $100.00 NETT (DINNER SHOW) SHOWTIME: 9.30 PM (ZOUK RESTAURANT) DINNER TO BE SERVED AT 8.00 PM TICKETS
      102 words
    • 137 19 pp. y w m ll* Classical Japanese Food prepared IN THE TRUE KAISEKI STYLE. Complete set Lunch from $18.00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch at $20.00+ You Don't Ha* To Be A Member to Enjoy Fine Dining Nishikj Restaurant Marina Bay Golf Country Club 6 Marina
      137 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3452 20  -  By Magdalene Ng THE SKIES wept for the stockbrokers yesterday, sending a steady drizzle to wash away the market lethargy. As trading interest picked up towards the end of the day, a securities director said: "Today's not such a bad day after all
      3,452 words
    • Article, Illustration
      68 20  -  By Chew Eng Han Comment CURRENT major support at $1.33 to $1.36 should hold well against any further slide. More likely, however, UOL will rally from here as five-day stochastics are showing a buy signal. Look for a possible rally over the weeks, back to recent highs of
      68 words

  • 2710 21 Sing Inv Fin 209 +18 +9.4% OCBC Foreign 1070 +10 0.9% SIA Foreign 2080 +10 +0.5% Metalock 25« 204 +9 4.6% UI Securities 85'/i +8 +10.3% Robinson 540 +5 +0.9% Semb Shipyard 790 +5 +0.6% Inchcape 428 +4 +0.9% NatStcel 50" 488 +4 0.8% Singmarine
    2,710 words
  • Page 21 Advertisements

  • 3321 22 Palmco Hldgs 148 +13 +9.6% Gcnlings 50« 650 +5 +0.8% H Leong Credit 198 +4 +2.1% PJ Dev Hldgs 70 +3 +4.5% Tongkah Hldgs 103 +3 +3.0% Golden Hope 128 +2 +1.6% Kamunting 50* 54 +2 +3.8% M Banking 376 f-2 +0.5% MAS 364 +2
    3,321 words
  • Page 22 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4901 23 Bernama SHARE prices here finished mixed yesterday with most losing issues off their lows on some late bargain-hunting. Basically, sentiment was still on the downside as investors were concerned over the market's near-term direction amid the uncertainty on major overseas markets. The KLSE Composite Index
      Bernama  -  4,901 words

  • BT SHARE INFORMATION SERVICE
    • 412 24 Company Oat* Yoar Groap Nat Nat aaraiags Crass aaa to profit/lass (L) par skara dhrWoad (000) (coats) L&M Dec 3 Jun 91 S2.00S($1.418) 3.6(2 5) 3(2) Metal Ctainets Nov 27 Jun 91 $7.209U$8.131L) 05(1) YTl Corpn Nov 25 Jun 91 MS19.961 (111,530) 13.7(7.9) 10(10) Beriaya Ind Nov 23
      412 words
    • 229 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H Leong Credit Nov 28 Jun 91 M$57 561 ($35,181) 18(12 9a) 9(5 9a) Times Pub Nov 22 Aug 91 $*****($*****) 295(23) 10(10) Ind Oxygen Nov 18 Jun 91 M$34 844($24
      229 words
    • 149 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) Hai Sun Hup Dec 3 Sep 91 $13.705($11.402) Metro Htdgs Now 29 Sep 91 $4 410($8.538> Transmarco Nov 29 Sep 91 $3 716($6 632) Golden Hope Nov 27 Sep 91 M$43 049($30 248) -(3) QAF Ltd
      149 words
    • 678 24 Dtc 3 Hotel Grand Central has bought two office buildings in North Sydney for AJ39m. Haw Par Brothers International Ltd has acquired an 84% stake in United Sembawang Enterprises Pte Ltd, an associate company of the Sembawang group, for $3 9m GP Batteries International Ltd and Japan's Toshiba
      678 words
    • 105 24 Conversion Special Trdg Scripless Conversion deadline Period Trading Compan> starts (IDP) (ST) starts City De> Dec 26 Jan 16 Dec 26 Jan 16 Jan 17 H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct
      105 words
    • 809 24 Carrwt Ex Mu Date Total far Total for W—t Ma doaa payable the yoar last yoar USB 50c I2%(b) Dec 30 Jan 14 tan 21 12% 10% Amal Steel 50c 10% Dec 9 Dec 23 ton 20 20% 20% Amal Steel 50c 10% (I) Dec 9 Dec 23
      809 words
    • 126 24 Company Rights Issue City Dev RenounceaMe rights issue on me bavs of one-for-ten $2 85 per share Ei-date Dec 9 Books dose Dec 19 Acceptance Payment NYA H Net* a One-tor-one g 12 75 per share Ei-date Nov 12 Books close Nov 22 Acceptance Payment lan 2 1992
      126 words
    • 542 24 Company Rights Issue km P»c Laid Four-tor-seven fe MSO 50 per share Hhnci Tech One torone fe SI 00 per share Berjaya Gron) Rights issue of S89m nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (CULS) on the bass of one for four Bolton Issue of 190 978m
      542 words
  • CHARTING SERVICE
    • 419 24 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      419 words

  • STOCK EXCHANGE OF THAILAND
    • 2242 25 Reuter MOST share prices ended higher but in light volume as investors were concerned about the final reading of the draft constitution this week, brokers said. The SET index ended 6.32 points higher at 670.07 on light turnover of 2.12 billion baht. "Investors are
      Reuter; SOURCE: PONT DATA  -  2,242 words
  • JAKARTA STOCK EXCHANGE
    • 1039 25 Reuter JAKARTA share prices closed mixed in fairly active trade yesterday, with the official index edging up 0.03 points to 242.77, brokers said. They said strong foreign interest dragged some favourite shares up slightly but profit-taking kept some others under pressure. Semen Cibinong rose
      Reuter  -  1,039 words
  • Page 25 Advertisements
    • 8 25 SINGAPORE business A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
    • 321 25 ig3|) GOLD COIN LIMITED CE OF EXTRAORDINARY GENERAL MEETING i }is hereby given that an Extraordinary General Meeting I 3 Company will be held at 421 Tagore Avenue, I pore 2678 on 20 December, 1991 at 10a.m., for the se of considering and, if thought fit, passing the I ing
      321 words

  • TOKYO STOCK EXCHANGE
    • 2568 26 Reuter TOKYO stocks stretched a technical rebound to a second day to close sharply higher yesterday. Active buying of blue chip issues and futures-linked trade boosted prices, brokers said, but fears of further arbitrage unwinding and a lack of market incentives kept volume thin
      Reuter  -  2,568 words
  • STOCK EXCHANGE OF HONGKONG
    • 2514 26 Reuter SHARE prices closed sharply higher in a continued technical rebound in moderate trading yesterday, encouraged by stability in major overseas markets. The blue-chip Hang Seng Index jumped 37.21 points to 4.161.59, while the broader Hongkong Index leapt 24.01 to 2,717.59. Turnover edged up
      Reuter  -  2,514 words

  • REGIONAL STOCK MARKETS
    • New Zealand, Korean shares fall sharply
      • 771 27 THE Australian share market closed slightly higher yesterday with brokers anticipating more buying support at current levels if overseas bourses do not falter. "Consolidation in overseas markets has inspired confidence among local investors," said Graham Linton, director at J B Were. He said the local market's recent correction has
        771 words
      • 537 27 SHARE prices finished marginally lower yesterday as investors stayed on the sidelines ahead of the Christmas holidays, brokers said. "With the end of the year coming investors and fund managers want to square off their books. There is really a lack of incentives for investors to get into the
        537 words
      • 512 27 TAIWAN share prices closed slightly higher yesterday after wavering narrowly as investors expected a rebound after seven straight days of losses and were unwilling to sell, brokers said. The weighted index gained 34.89 points to close at 4,378.13 compared with Tuesday's 4,343.24 finish. Turnover was very thin at NTS
        512 words
      • 302 27 NEW ZEALAND shares closed sharply lower yesterday on quite heavy volume but brokers were searching for reasons why the market was sold. "I don't think that there was anything fundamental, it was just there was a lot of stock around," said Neville Todd whose brokerage. Buttle Wilson, transacted
        302 words
      • 838 27 SEOUL shares fell more than 12 points yesterday on worries over companies' financial difficulties, adverse economic conditions and the outflow of market funds, brokers said. "Rumours of defaults in some small electronic companies reminded investors of past real defaults, triggering dumping of shares," a Hanil Securities broker said. Due
        838 words
      • 71 27 SHARE prices finished broadly lower on Tuesday in lacklustre trading with most market players keeping to the sidelines, brokers said. A broker said some players have started to build up short positions, fearing a stocks slide as several new issues take away funds. The market has been on a
        71 words
      • 388 27 Close Prrriou Dec 4 AUSTRALIA All Ordinaries Index 1,612.2 1,608.2 +4.0 All Industrials Index 2,523.7 2,516.5 +7.2 All Resources Index 917.3 915.7 +1.6 Turnover (million) 130.35 95.94 34.41 NEW ZEALAND NZSE-40 Capital 1.467.67 1.490.08 -22.41 MANILA Composite Index 1,104.29 1.104.91 -0.62 Turnover (million) 866.7 802.5 +64.2 TAIPEI Weighted Price Index
        388 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Dow slips as blue chips fail to keep pace
      • 196 28 Dec 3 Close Preview NEW YORK Dow Jones 2,929.56 2,935.38 -5.82 S&P 500 380.96 381.4 -0.44 Turnover (million) 187.2 188.3 -1.1 LONDON Financial Times 30 1,836.3 1,831.5 +4.8 FTSE 100 2,420.2 2,414.9 5.3 Turnover (million) 464.7 399.3 +65.4 FRANKFURT DAX Index 1.546.84 1,545.4 +1.44 AMSTERDAM EOE Index 273.84 271.97 +1.87
        196 words
      • Article, Illustration
        1313 28 STOCKS ended Tuesday's session mostly higher in narrow trading, but blue chips lagged behind the rest of the market, as the Dow Jones industrial average slipped 5.82 points to 2,929.56. Blue chips erased opening losses to move up, before slipping back in choppy trading for most of the
        1,313 words
      • Article, Illustration
        763 28 SHARE prices finished slightly ahead on Tuesday as bargain-hunters emerged late in the day to take advantage of recent falls, brokers said. The FT-SE 100 Index closed at 2,420.2, up 5.3 points. The FT-30 index gained 4.8 points to 1,836.3. Trading volume was 464.7 million shares against 399.3 million
        763 words
      • 289 28 DUTCH shares ended a featureless session firmer on Tuesday as bargain hunters stepped into the market when London recouped early losses and Wall Street held steady after a slightly lower opening. "Investors gained some confidence from Wall Street's slight recovery," said Constant Verburg. dealer at brokers Amstgeld. The EOE
        289 words
      • 258 28 THE Frankfurt bourse ended a fairly subdued session with prices little changed on Tuesday. The 30-share DAX index closed at 1546.84, just a fraction above Monday's eight-month low of 1545.44. Early gains, triggered by rises in the US and Toyko overnight, were wiped out at mid-session after a sharp
        258 words
      • 187 28 FRENCH shares ended higher on Tuesday, snapping a four-day losing streak, but traders said the rise reflected a technical bounce rather than any change in investors' basically negative mood. The CAC-40 index rose 13.43 points, or 0.79 per cent, to close at 1,722.21 on strong volume of 2.4 billion
        187 words
      • 277 28 ITALIAN shares closed firmer in thin trading on Tuesday, with gains in several blue chips helping to offset a further losses in Pirelli stocks. Stocks in the tyres and cables group lost a further 8.33 per cent in early trading, but recovered some of the lost ground in unofficial
        277 words
      • 277 28 SWISS shares closed firmer and at the day's high on Tuesday after prices recovered in the second half of the session, dealers said. They had faded by midday following a strong, lively opening. The SPI index closed 7.3 points higher at 1,033.9 while the SMI index of leading shares
        277 words
      • 131 28 PRICES on the Stockholm bourse fell back from early gains on Tuesday to close at day-lows after other European markets started falling at mid-day. The morning's gains were triggered by overnight advances on Wall Street. The bourse general index closed 0.25 per cent down at 922.38 in turnover of
        131 words
      • 384 28 A LATE afternoon slide in world bullion prices towards US$362 an ounce prompted a sharp plunge in gold share* on Tuesday, but industrials held up well after a generally thin trading session dealers said. Ij A dive in world platinum prices lec the slump with related shares also taking
        384 words
      • 250 28 TORONTO stocks closed slightly lower in skittish, light trade on Tuesday, analysts said. "The market is in search of the bottom. There's some cautious buying but everyone is very, very nervous of another downturn," one analyst said. The TSE-300 closed down 2.97 to 3,453.41 on volume of 20.6 million
        250 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • 1184 29 REPORTS ASU Tokyo: The dollar was slightly lower in late Asian trading, but the market was directionless ahead of the Bundesbank's regular council meeting today and the release of US jobs data tomorrow, dealers said. "We're moving in narrow ranges
      1,184 words
    • 399 29 Cross rates t>*4 USS S$ MS Dm Yen SFr AS NZS USS 1.6610 2.7500 1.6085 ***** 0 5632 1.4235 1.2731 1.7746 SS 0.6020 1.6556 0.9684 78.1758 0.3391 0.8570 0. 7 665 1.0684 MS 0.3636 0.60 0.5849 47.2182 0 2048 0.5176 0.4629 0 6453 Dm 0.6217 1 0326
      399 words
    • 534 29 Interbank rates S$ Bid Offer Overnight 3 3 1/8 1-month 3 1/16 3 3/16 2-month 3 1/8 3 1/4 3-month 3 1/8 3 1/4 Overnight mode: 3-1/16 t'SS Bid Offer 7 days 4 7/8 A month 5 3/16 5 5/16 2 months 4 15/16 5 1/16 3 months
      534 words
    • 488 29 Reuter ZURICH Switzerland's finance ministry, facing a growing public finance deficit, says moves to boost the appeal of government bonds are bearing fruit. The government last week issued a second fungible bond tender to attract investors and boost traditionally poor market liquidity.
      Reuter  -  488 words
    • 244 29 Reuter MOSCOW The Soviet Bank for Foreign Economic Affairs (Vneshekonombank) has started trading hard currency at free-market tourist rates, offering 90 roubles to the dollar. The bank, which operates exchange offices for tourists at several hotels, last week suspended payments of hard currency to Soviet
      Reuter  -  244 words
    • 1154 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Voi Dec 91 95.11 95.12 95.11 95.11 2725 ***** 2403 Mar 92 95.37 95.38 95.36 95.36 5313 ***** 4486 Jun 92 95.26 95.27 95.25 95.26 2560 9983 2714 Sep 92 95 01 95.03 95.01 95.02 2300 4831 2427 Dec
      1,154 words
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  • COMMODITIES
    • 396 30 Reuter LONDON Natural rubber prices have sunk to their lowest level for more than five years this week with the Aids-related boom of the mid to late 1980s replaced by a decline driven by the recession in the car industry, traders
      Reuter  -  396 words
    • 313 30 Reuter LONDON Copper prices, which for some time have been trading much higher than fundamentals would suggest, are likely to move lower soon now that the London Metal Exchange (LME) has taken action over the backwardation. On Tuesday, the LME Board imposed a
      Reuter  -  313 words
    • 813 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market eased one sen to close at M$ 14.65 per kg yesterday on higher offerings. At the opening level of M$ 14.66, bids amounted to 40 tonnes while offers were
      813 words
  • 1443 30 Rubber Devj MS (tot in b*te«) Noon Close Ini I RSS Prompt 132.50/133 JON 132.25/133.25N Int 1 RSS Jan 92 133."5/134.25 133.50-134 00 Ini I RSS Feb *****/134 50 133 "5/134 25 Int 2 RSS OP 131 00-13.V00N 131 00 133.00N Int 3 RSS OP 128 "5/129 "5N 128
    1,443 words
  • Page 30 Advertisements
    • 198 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER Of THE COMPAMEB ACT, CAP. 60 AND IN THE MATTER OF JMA PUBUC RELATIONS PTE LTD (In Creditors' Vdcrtary Liquidation) FINAL MEETING NOTICE Is hereby given pursuant to Section 308(1) of the Companies Act Cap.
      198 words
    • 9 30 Managers Must Manage BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 1156 31 city nmit no ragt ctd Abu Dhabi GA887 1415 GA894 2340 GA975 1300 AdataMa QF081 1820 Of005 2010 SQ228 2040 Amstardam SQ23 0700 KL834 2305 KL833 0955 GA975 1300 Auckland NZ25 1530 BA11 1225 NZ28 1645 SQ325 2215 Bahrain GF148 0915 Batikpapan GA525/ 1755 910 B
      1,156 words
    • 691 31  -  LETTER FROM OSNABRUECK By Rolf Soderlind IF THE archaeologists are right, one of Germany's oldest nationalist monuments is in the wrong place. The towering statue of Arminius was unveiled in the city of Detmold in 1875, four years after Germany was first united, by
      691 words
    • 151 31 As at 3pm yesterday: Local dollars to one unit of foreign currencj Currencies Bid Offer Australian dollar 1.298 1.313 Canadian dollar 1.451 1.466 NZ dollar 0.9255 0.9555 Sterling pound 2.9360 2.9510 US dollar ***** 1 6660 Ixical dollars to 100 units of foreign currency Austrian schilling 14.50
      151 words
    • 171 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 12-19 Do-lt-youreelf Utrecht. Koninklijke *****55.911 Feb 14-23 International Turin. Italy Torino *****569 1992 Trade Show Netherlands Nederlandse '"2 Fair of Holidays Esposizioni Jaameurs Tourism Sports S.p.A Jan 14-18 International Valencia. Fena Muestra- ********** Feb 18-22 Heating
      171 words
  • Page 31 Advertisements
    • 41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from aUut to Finniah.
      41 words
    • 28 31 1 ImhTHHBBBHI For information on whore to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents cad our Customer Services Section on 749 2577
      28 words
    • 220 31 You are invited to the "Show of Shows" i SINGAPORE INFORMATICS '91 is the biggest and most focused IT exhibition in the Asia Pacific region. On show are the latest Information Technology products and services including complete systems, hardware, software, peripherals, data communication systems, consultancy services, educational programmes, supporting services
      220 words
  • Page 31 Miscellaneous
    • 238 31 I =L 1 These youngsters could be mm Lhi U seconds 9 The one fielding lapse that j brings defeat (9) II At home in that military 15 Engineers wearing best i3~"^ clothes in the sugar factory 19 He made notes about tailless ark-dove dipped |H in mescal, openly (8)
      238 words
    • 184 31 Singapore Outlook: Overcast with intermittent light to moderate rain till around dawn. Occasional showers in the afternoon and early evening. Report: Maximum temperature 25.5 Assoc humidity 92% Minimum temperature 22.9 Assoc humidity 99% Hours of sunshine 0.00 Rainfall in mm 21.0 Rainfall this month 22.3 Rainy days this month... 2
      184 words
    • 40 31 (STSPOV ON WW srOftCKSJ /AS A (or wi<h»v-l j sports a.kd /-Pe*ey neve* *Tre*»DS the VQL±t^ M /,^n\ SO C«M CUjB DmtJeß AMD ItiASTI f I DP>NC.C SUGOCST U>E- DoH'y V INVITE. TUiS VEfNg... V ASSOCIATED NEWSPAPERS LTD IM2-IMI 8573
      40 words

  • 517 32 Envoy promises ideas for Palestinian self-rule Agencies JERUSALEM Israel, boycotting Middle East peace talks that opened in Washington yesterday, said it had decided to send all its delegates to peace negotiations on Dec 9. As the Arab side prepared to take up
    Agencies  -  517 words
  • 353 32 Agencies PHNOM PENH Premier Hun Sen said yesterday that he still allows public demonstrations against the Khmer Rouge and will not use violent means to protect its leaders when they return to Phnom Penh. Mr Hun Sen was speaking upon
    Agencies  -  353 words
  • 398 32 AFP MERIDIAN, Mississippi White House Chief of Staff John Sununu, under increasing fire for the big slump in US President George Bush's approval rating, tendered his resignation on Tuesday. "(It is) with reluctance, regret and a sense of personal loss that I accept
    AFP  -  398 words
  • 248 32 Agencies JAKARTA The Indonesian armed forces has rejected an independent United Nations investigation of the East Timor killings as East Timor's governor claimed more people were killed than the army said and that most of the mourners were shot down
    Agencies  -  248 words
  • 243 32 Reuter DAMASCUS Journalist Terry Anderson, the last American hostage held by Lebanese fundamentalists, was freed yesterday, diplomats in Syria and security sources in Beirut said. Mr Anderson was to be handed over to US Ambassador Christopher Ross in Damascus late yesterday evening. But
    Reuter  -  243 words
  • 129 32 Reuter GENEVA Arthur Dunkei, the director-general of the General Agreement on Tariffs and Trade (Gatt), has told the body's chairman that be is determined to step down at the end of next year, a Gatt statement said. But yesterday's statement, handed
    Reuter  -  129 words
  • 700 32  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist BIG BLUE has blinked. After staring hard at smaller firms that had annoyingly chipped away its market-share and profitability, IBM startled the corporate world last week when it said: "If you can't
    700 words
  • Page 32 Advertisements
    • 219 32 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) /^E^EI3EIE2EIiEfev :•:< K;>:- X Those who want to equip themselves with SOLUTIONS in today's and tomorrow's business environment. _vnwrTT7TTTTT7rTTTTTT377TTTTrnTT?7m (Computer Bureau Services Provides you with: Billing Invoicing Debtors' Statement of Accounts, Aging Reports
      219 words
    • 105 32 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) Ife wfc jjjMߧL' jsl<, SHH v^^HMHKR^QS^S^^ ■bbhbhbhbbbhb Dauphin Sitzkultur A HEALTHY BACKBONE IS ESSENTIAL FOR PERFORMANCE. We want to inspire people with chairs which display corporate identity: The superb, clean the design of
      105 words

  • Shipping Times
    • 440 33  -  By Rahita Elias SINGAPORE Neptune Orient Lines (NOL), which recently launched its Vietnam offering, has plans to launch services to other Indochinese countries such as Cambodia and Laos. Lua Cheng Eng. NOL's chief executive officer, told BT yesterday: "Since we have
      440 words
    • 313 33 Reuter LONDON Drug barons will increasingly target ports in border-free Europe after 1992 for illicit shipments, a shipping industry seminar was told on Tuesday. Shipowners pledged to join forces with customs authorities to try to prevent a boom in drug trafficking
      Reuter  -  313 words
    • 358 33  -  By Dexter Lee SINGAPORE A senior Economic Development Board executive yesterday urged Japanese marine equipment manufacturers to explore growth opportunities and form strategic alliances in Singapore. EDB director of industrial development Lee Suan Hiang made the call at the opening of a two-day
      358 words
    • 242 33 NEW YORK Global aviation pioneer Pan Am Corp may be forced to shut down by Saturday because of the collapse of a financing agreement with Delta Air Lines Inc, a Pan Am lawyer told a US bankruptcy judge on Tuesday. Delta said it
      242 words
    • LOG BOOK
      • 105 34 KUALA TRENGGANU, Malaysia Some 2,700 foreign fishermen were fined a total of U5563.5 million ($lO6 million) for encroaching into Malaysian waters between 1985 and September this year, authorities said on Tuesday. Trengganu Chief Minister Wan Mokhtar Ahmad said 386 boats were seized during the arrests off
        105 words
      • 121 34 LONDON Britain has rejected Libya's offer to allow British and American officials to participate in a proposed Libyan investigation of Libya's role in the 1988 bombing of a Pan Am airliner over Lockerbie, Scotland. A Foreign Office spokesman said late on Monday that Libya had no
        121 words
      • 81 34 HONGKONG China is negotiating with Burma over the sales of civilian Yun-7 aircraft after a successful flight demonstration of the plane in Burma, it was reported here on Tuesday. Negotiations between the two sides were under way in Beijing, the semi-official Hongkong China News
        81 words
      • 99 34 MOSCOW Soviet international train services will halt from Jan 1 if authorities do not lift a freeze on foreign currency payments to the national railway company, a senior official told Soviet television on Tuesday. Valerv Shatayev, chief of passenger transport, said the central Vneshekonombank
        99 words
      • 60 34 NEW YORK Air France. Japan Air Lines Co and Deutsche Lufthansa AG will build and share a USS2SO million ($4lB million) international passenger terminal at John F Kennedv International Airport. Governor Mario Cuomo said. The terminal will be built on the site of the former
        60 words
      • 55 34 STAMFORD, Connecticut American Television and Communications Corp (ATC) said it agreed to buy Carolina Cable from Prime Cable Income Partners LP. an affiliate of Prime Cable for undisclosed terms. ATC is an 82 per centowned unit of Time Warner Inc and is a unit of
        55 words
    • 899 34 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank Line
      899 words
    • 512 34 DRY CARGO freight futures ended higher on Tuesday but off their highs after details of extended Soviet credits and their allocation failed to impact, traders said. The market did not react over bullishly to this news and also ignored Soviet purchases of European Community wheat and barley for
      512 words
    • 1495 34  -  Nikki Tait reports on the demise of Pan Am, the airline which embodied the spirit of a new age Nikki Tait FT ON a frosty January night a remarkable scene occurred near Manhattan's old Customs House now home of the New York bankruptcy court. A
      FT  -  1,495 words
    • 827 34 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 are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      827 words
    • 11753 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,753 words
    • 3379 47 ontainertine NV: Belsin Shpg l XJlncies Pte Ltd (SVMarine Handling S«s Bhd (PK/PN) XOfcord Group: Accord Shpg Pte Ltd Contr Line (PK/PN). Adkris Business Corporation Philippine: Cahource Shpg Trdg Pte Ltd (S) Xhrenkiel l iner Service: Kim Shpg Tiag (S). Mhatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,379 words
    • 254 47 Abacus Couriers Tel: 545-8011. Fax. *****98. Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel. 344-3377. Fax: *****50. Cluster Link Supplies Services Tel:
      254 words
    • 1533 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,533 words
    • 3433 48 ARGENTINA Buenos Aires: Port busy; general cargo berths occupied most of the time, but no waiting time for arrivals; container vessels have delays as there is only one berth equipped with a gantry crane; a third gantry crane is being assembled and is expected to be completed by
      3,433 words
    • 556 48 ARRIVALS Op Flight Type ETA T Froa TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA NW901
      556 words
    • 1072 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers El Ancora: 129,390 dwt and built December 1973 Mitsubishi on offer. Easily inspectable Antwerp this week where repairing collision damage. Can arrange 12 months, try 18 months in the region of USS 13.500
      The information was contributed by Simpson Spence & Young  -  1,072 words
    • 621 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of Calls Port Agent DEC 05 06 Andaman Princess 2300 2000 Cruise-To-Nowhere Lines Int'l Holding 05 05 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 06 06 Shangri-La World 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 07 II Royal Odvssev
      621 words
    • SHIPS IN PORT
      • 657 49 Vnsd fry H» Igfc Pggw Vru* Hi B«* fcrtwl ttl > rtf Marina Tarminal 1 Trans Fid 101B P088 05 12/0100 05 12/2300 Akca Star 91UA M03 ator*side 04 12/1700 Tss Api 1203S1 P04 05.12/0800 05.12/1100 Batam Ma,u *****1 M04 alongside 05.12/0500 Batam Sayar* *****1 M04 alongsrte
        657 words
      • 224 49 Johore Port Berth: 1. Pernas Safari; 2: Bartgkhonthi. 3: nil; I Fortuna No 3; 5: ml; 6: nil 01 jetty; Bow Sun. Subur. Cerlang. DCJ: Oriental Azalea. Jati. Due on Dec 4: Vilyuysk. Barge Josindo Satu. Ming Chun. Due on Dec 5; Golden Frontier. Hai Heng 33.
        224 words
      • 861 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Batance Rste Shv Voy No Etb/Btr Period From To From M Mirqab 59 04/2100 2 03/1700 0* 0659 04 '0900 Annapurna 199 05 2100 0*1200 04 1459 04/1700 Anson *****N 05 1200 2 03/1700 04/0659 04 0900 4 04/1200
        861 words
    • 153 50 Reuter WASHINGTON The Volvo DL Wagon and Saab 9000 are the safest new midsized cars, and the Geo Metro is the most fuel-efficient vehicle, according to a buyer's guide released on Tuesday. The Car Book, based on data from the Department of Transportation, rates
      Reuter  -  153 words
    • 325 50 Reuter WASHINGTON Douglas Aircraft Co president Robert Hood said on Tuesday that the 40 per cent sale of Douglas to Taiwan would likely keep Taiwan and other nations from going into the commercial aircraft industry and preserve US interests. He also told Congress's
      Reuter  -  325 words
    • 166 50 Reuter PARIS Airbus Industrie is likely to lodge a formal complaint eventually against British Airways pic's (BA) purchasing policy with the European Commission. An industry source, who declined to be identified, said on Tuesday that the Aerospace consortium is amassing evidence for its case
      Reuter  -  166 words
  • Page 33 Advertisements
    • 116 33 V* 1 urn I Sff vrny d£jr_i] after 140 years in shipping, -1 4MB* IS IT ANY WONDER THAT Jm we have become experts? Ifl' IN The Rue du in Clermont iJM 1914 Central France, teems with people searching for the latest j| fashions and the choicest foods. Not surprisingly,
      116 words
    • 65 33 the jg FAMOUS CaiißOPi KS3MZ224 1833 For more iplormation plcawe refer to Pg. 13 i,j>»* > ir J w. fP^-*"' NY7C Sets Sail From Singapore To New Yorkl In 22 Days Record Time. Introducing our Asia East Coast Express Service. Jkf XlCm® The shortest al-water transit from Singapore to New
      65 words
    • 7 33 Decline of an American dream, Pg 2
      7 words

  • Page 34 Advertisements

  • Page 35 Advertisements
    • 1642 35 ■uppuig tunes, innrwuv unxuiucr I OOCL (S) PTE LTD JARWNE BH*>P»K3 AGENCIES \t|lf/ TEL: *****11 FAX: *****09 Mill# BOOKINGS TB_: *****34/320Q258 ■TfBBEB|^ agencies son. bhd LVA^J Dedicated to Quality Service rnTffiTFl STRAITS EXPRESS «S wr [SB |o<w \im l-Qi l-wt liw -mm I ntc im nnrt ckckvi mc 11/1? ?®/l?
      1,642 words
    • 1449 35 TRANSPORT PiARY Dec 3-7: Marintcc Chin* 91, organised by Seatrade at Shanghai Exhibition Centre, Shanghai, Peoples Republic of China. 1992 Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, Jointly organised by Civil Aviation Authority of Singapore, Federal Aviation Administration, USA, Department of Civil Aviation, France and State
      1,449 words
    • 840 35 ■Ql'if-HiHU'lt'H YEAR END LOADER PANAMA REGINA MAERSK VOY. 9201 PNW SESUIND VOYAGER VOY. 170E ETD SIN 31/12/1991 Vessel Voy ETA I ETD Feeder by 1 DESTINATIONS Work) Lynx/ Johanna to I This week Marchan Maersk 9202 HM Kaianq Paring oT MEM M|A_ «<S_ BAL_ PHL_ MYC_ MON_ TOF^ MAftCHEN MAERSK
      840 words

  • Page 36 Advertisements
    • 851 36 n ROTTEDAM/I |l VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE I' KAMAKURA 20/148 5/12 28/12 26/12 23/J2 l MONTE "°S« Sn, X i" V, TJlillll I LEV6RKUSEN EXPRESS 8/1 6/1 Ssom*/«Swm I I .ONDON EXPRESS M/»g W.J ,3,, I HAMBURG EXPRESS 06/151 26/J2 17/ 20/, 21/1 UM&CVM. I
      851 words
    • 770 36 *****1 M ABPAC SERVICE M>PCT SOUTH PACITC SERVICE SIN NOU SUV PPT COPIAPO 3002E8 27/12 «/1 15/1 21/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA, PAGO PAGO, APIA I NUKUALOFA MtfCT CHILE/ SOUTH AMHHCAH SERVICE SIN IQQ ANF VAP CLX COPIAPO 3002E8 27/12 3/2 4/2 10/2 11/2 AISO ACCEPTWG CARGO
      770 words
    • 1263 36 fel MW REQULAH MO6PENO6NT WU CONTAINER SERVICE WESTBOUND FOR EUROPE 1 VSL/VOY SW ALG BCL HAN WE DOT ANT FE LHA (VIA (WA (VIA ALG) Mil) I0T) NORASIA SMGA 9139-3 07/12 29/12 31/12 04/01 06/01 05/01 07/01 06/01 07/01 NORASU AL-MUNTA2AH 9140-3 15/12 05/01 07/01 10/01 12/01 11/01 13/01 12/01
      1,263 words

  • Page 37 Advertisements
    • 1814 37 Bgstea mers Maritime Holdings Ltd P&O |«riw Containers fey N. Klf HK«IC #PW l»«rt Ml J« Art M Mf ACCEPTS DUE SMS LNXK MWt» 9112 M/ll 42/12 41/12 M/tl It/12 23/12 2«/12 2t/12 CARGO mr«T MT MM 2«/ll 43/12 41/12 47/12 23/12 25/12 27/12 ownnM V3lt Uuira Lib KK 04-05
      1,814 words
    • 2229 37 M P vtsai wt w m a row w» wc wna/wr ntc wot w cm wo* m xmraa eeST 7/11 11/11 1/1 10/1 M/i ts/i i?/i u/i mm row wmiw whim ij/io »/io n/10 1/11 10/11 11/u m/u HUM SNA TOM (F203 U/U 7/11 0/11 17/11 12/1 M/l »/1 ARKRICAN
      2,229 words
    • 330 37 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR TAKAMATSU/ HIMEiI/TOKYO/SENBOKU SEKI AKEISHI V6B ETA SPORE IN PT ETA PK 6/12 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DBN CT Glo6*l SEAHORSE *100 SM 3d Sd Std Sd 5/12 Ml Vlol* 23/12 1/1 4/1 lt/1 22/1 30/1 *Mm cA
      330 words

  • Page 38 Advertisements
    • 527 38 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE m/VOY STORE MMM/MMM HTWG BttMEN WTWOP VMkU/im 14/12 17/1 23/1 2/2 4/2 KUTM/24W 3/1 J/2 11/2 15/2 11/2 FAST TRANSIT TIME ACCEPTINQ BREAKBULK/CONTAINERISED CARGO Su6|«d to lndtic*m«nL A too accepting cargo to C»Mb(tnc», Port Sold. Port Aloxandrla, Gonoa. Trtoato. ALSO ACCEPTING BOTH
      527 words
    • 1291 38 (g) HANJIN SHIPPING" 7 ya SM LK HAUL SAV LM HTC Ft* VS. jTi> vwi? HANJIM CtCJU 076 C 9/12 M. PLEASRE 02X 1«/1 17/1 IS/1 HAN* EIIZABETW OOZE 9/12 DJECT 29/ 2 30/12 HAW 6 2 HA** KEELUNG 0J4E23/1 24/1 2«/ l HANJIN VANCOUVER 0071 ««J 6/ 9/1 55«
      1,291 words
    • 1288 38 m ijl ji rTT« m v m is u u m n w no uu cm m iireuw »n» m n» 2* 5* I t CRAM) K«l 4/12 hft U/U U/U IVU U/U 17/12 U/U 21/12 21/12 21/12 VI IVI 17/1 10/1 2VI N/1 JVI 11/1 VI 12/2 art N/I
      1,288 words

  • Page 39 Advertisements
    • 1914 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNEUNK TEL *****00 (TOLL-FREE) UK/EUROPE BERVJCE *****19 USA SERVICE *****16 AU9T/INDIA/PAK SERVICE *****18 FAREABT BERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION DEPT :*****44/Z*****4 B CF& MBS- IMPORT *****360/*****50 CFS: MBS EXPORT *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L-(03) *****33, P. Kelang-(03)
      1,914 words
    • 1043 39 SINSOV (REGULAR INDEPENDENT SERVICE) lf»l BM >M|l 111 01JM IB P FULL CONTAINERSHIP SERVICES EASTBOUWD—D6Q«M(gWC WBTBMIP-LOAOW6 TWiSWfED MA »T IBDM 5S wv |SN |MA JMB W |i |mi |fc |ww |a l»m |MW ocl «a WT MIL kmewbt Moi 7i/w a/11 01/12 boii »/i? vm 20/12 »*B/i2 »/i2 30/12 »www
      1,043 words

  • Page 40 Advertisements
    • 1538 40 K W" AS AGENTS: KAWASAKI BMGAPORE (PTE) LTD ICR No: **********0 M) v-m TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I I l\| |4 MALAYSIA: *K'UNEMARTTIME (MALAYSIA) 80NBHO M v JL mZJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 wmmm KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa
      1,538 words
    • 1364 40 PHIU-OM€NT UN€S PT€ LTD >-v>v I 108 Robinson Road #07-00 GMG BuMlng Singapore 0106 I jgjMW\ j9i: *****22/*****69/*****00 Trim: RS ***** PHIU FAX: *****76/*****38 I by air, land or 5ea..... I WE TAKE ON THE WORLD FOR YOU Jgto. QflO I N 3QgL I MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION
      1,364 words

  • Page 41 Advertisements
    • 955 41 PACIFIC INTERNATIONAL UNES (PTE) LTD jy JvBHI PIL Building, 140 Cecil Street #0300, Singapore 0106. UAkAfttA I [BAMfIKOK aar-r uu VESSEL VOY SIN BKK SM VESSEL VOY »m JKT «N pfOASUS PROGRESS SSSN 8/12 8/12 tt/tt EDEN 411 5/12 10/12 UN 7/lt 10/12 14/12 BUNQA TERATAI 403 S/12 10/12 IS/IS
      955 words
    • 1167 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tpl: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** I VESSEL VOY NOS SPORE LEHAVRE ROTTBCAM S-HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN BunpaSuria- 438 5/12 23/12 24/12 26/J2 27/12 Ngd*oyd Hoorn 436 7/12 30/12 28/12 Benavon 448
      1,167 words
    • 481 41 MYANMA H FIVE STAR UNE f\ (Myanmar National Una) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf HPA-AN VI7ODI 10/12 DM PWYA Vlinn Sid 4/7 Dm PAGAN Vl76* 5/7 Dm PATHEIN VIISW 10/11 Dm ME R GUI Villi* 10/12 Dm J* THE BANK IIN E (A Mfvtc* of Andrew Wolr
      481 words


  • Page 43 Advertisements
    • 357 43 mill nsmm r I TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY »..,<L I I I OC.AM V».«L I -^•1-ggg^iL B Utait/m Bhum 24/11 20/11 23/11 21/11 tota/«3» H O/U n/t2 »m »/ii iSSff i T/U S/ii T/ii ?/g "/ii *> B Se.o,a Bhun. 13/12 IS/12 12/12 14/12 IWW 2/ 1 U/l B
      357 words
    • 593 43 _f"flCtllo¥Cl NEDLLOYD OFFERS YOU WEEKLY, FIXED DAY, T Nedlloyd Lines DIRECT CALL TO AMD FROM EOROPE/MEDITERRAMEAM IjwzEMiM/nii f. -m n.,. "ftr"" SK? Sif" ST 1 iTiT N Rouen/9129S 2/12 5/12 4/12 4/12 7/12+ 9/12 23/ 2 30/ 2 24/12 27/12 g/1 IQ/1 N Rochester/9130S 14/12 16/12 15/12 15/12 18/ 2
      593 words

  • Page 44 Advertisements
    • 786 44 illw TO AUSTRALIA/NEW ZEALAND [m [S |Frw. |kMk |SH [iWd. |NFI \r CMSi ■wssa w n/12 1/i »/i i»/i "7i c wwlme»« TFT u/i 11/1 23/1 2»/i liTi MmmrtM ni »7i 3/? MARINA I2M H/2 2V2 173"" 4/3 12/1 TO USA/CANADA «T fS I ft* Nrt|C»«rtwlw|PHni»lli |HMIM mussel m ziTli
      786 words
    • 823 44 EVORn TO HONGKONG, TAIWAN. MAMLA S JAPAN "TWICE NEEKLf MALACCA STRAITS SERVICE QUTBOMW WY PKL PIN KT SM f. HW KAO KB TYO BC NBO 101 TTO W|W|mWl M W I C CWSP 128 t/12 112 1.12 11.12 2012 21.U 21.12 g.121| ACX 1A« 62A II.U 15.12 13.11 K.U m
      823 words
    • 286 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n* ETA £U SPORE PORT KELANG PENANG am IACE 10/12 7/12 lOJdint ter Mate RINAI HUDHU 15/12 lotdmf for Calcutta OOLFHN u/12 loadw* fix Mile pocei sumac is/12 loading For MM DONAKULM SAILED Loaded For FHmru PROGRESS UOERTY M PORT loading tor
      286 words
    • 1593 44 t mm iL« M v n CHINA OCEAN SHIPPING COMPANY W Unm WUNEE 8i«VIC« MMiTWS MEXH: SMUfOlin GENERAL AGENTS nn<M M rma CHUNG CHIAO SHPPMG SON BHD COSTAR SMPPWG PTE LTD P.T. aoeAl Pm» n-m»omuvm tamtam mVawuM/22(i>33 HW»€SWIW]T»€ P. RUM TIL MSIN/tIU :M MU TTI FTI« 2*130/1 COSHf ~C«1)3«1C7, *****4
      1,593 words

  • Page 45 Advertisements
    • 525 45 0£ FAMOUS CONTAINER LINES 1 o ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 8/12 ROTTERDAM 8/12 HAIFA/ASHDOD/ALEXANDRIA 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~ I LOS ANGELES/WC/tPI 7/12 SYDNEY/MELBOURNE 9/12 NEW YORK/EC 7/12 FREMANTLE 7/12 VANCOUVER
      525 words
    • 871 45 RICHFIELD MARINE AGENCIES (S) PTE LTB TEL: *****33 (12 LkiM) FAX: *****15/*****03 TELEX: RS ***** RtSHtP (3 Un—) EimraH UHnwt. UNB r J (National Unas of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY r ETA LOADING FOR SPORE ANCHNET 25W8 30/12 DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA ABBAY WONZ 31WB 30/01
      871 words
    • 655 45 12 HOHTA WW WW 5/12 Mw —V*2 2 u/12 I mmm* fwi m l^iL. 2 M mmm** ZZI* 5- \UIL. UMBJ BHUM# 07W T» 10/12 Ui _14Z12_ I mi 1 Tm 10/12 Ut 14/12 I mi 1 wMffn ,MUM 7W<~ TW 12/12 M- 10/12 m MM# w W 13/12 Tw
      655 words

  • Page 46 Advertisements
    • 1088 46 S'PORE S^A A B U A^3?^7o N pK S|N PEN PK SIN CokMnbo 6/12 7/12 8/12 15/12 16/12 17/12 Ldn/Fh/Rdm/Ant Ourban/Pt Louis 10/12 11/12 12/12 8/12 9/12 10/12 Gothcnburt/Stockhofcn/Ostf 8/12 9/12 10/12 PirMus/Ganoa/TricsU PT* KLANG/PENANG I m mmmm 8/12 g| AUSTRALt Afli %ggi Penanf 8/12 9/12 10/12 9/12 10/12 11/12
      1,088 words
    • 362 46 BLUE STAR UHE TO FROM J NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM in AM. in MULBERA 24S 9/12 23/12 MA JTJ. 25/12 U/l MAHSURI 0510 24/12 «/l K prospect its 4/1 i«/i v»* w- n/i 4 2 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW
      362 words
    • 1159 46 THONG SOON LINES PTE. LTD.'' Ms 77 ROBINSON ROAD #15-00, #16-00 |N GA poR E 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO i i ■■■■■■■Hi; SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA WSSfL |WT I til 1 KIT WSSEL ItT
      1,159 words



  • Page 49 Advertisements
    • 133 49 m l »w^ Slb^Hi v.,: 5r v, KmUl■Hf a X r vpp^""" <msr vmmmß, x Scalpel...scissors.„sutures.~ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day
      133 words
  • Page 49 Miscellaneous
    • 316 49 *^^jpEnNn!sTiißr" M TODAY'S TIDES (he#t in metres) HOUR 0000 0100 0208 0300 0400 0500 0600 0700 (WW 0900 *****100 1200 *****400 *****600 **********00 2000 2100 2200 2300 IR 24 21 17 1.4 1.2 12 14 1.7 2.3 28 30 30 2 7 2.2 16 1.1 0 7 05 04 06
      316 words

  • Page 50 Advertisements
    • 1053 50 CHARTPOINT Every Saturday in Business Times HYUNDAI M, MERCHANT MARINE CO. LTD. l«G CHUN HIM 02/12 03/12 5/12 H. PW*£* «5£ 13/12 30/12 02/01 04/01 BAT BMXX 10/12 "/12 2J/12 NAN HA 20fi N00« 09/12 10/12 12/12 I*U*» 20/12 00/01 09/01 11/01 COUWi GATI 01 031 17/12 03/1 05/1 NAN
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