The Business Times, 5 December 1991
1991-12-05
1
50
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The Business Times
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Title Section16 1991-12-05 1 Business Times MCI (P) 16/12/90 Thursday, December 5, 1991 THE BUSINESS PAPER FOR S-E ASIA 75*16 words
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HEWS SUMMARY
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66 1991-12-05 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 pension66 words
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60 1991-12-05 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 strict60 words
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Article32 1991-12-05 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 232 words
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Article36 1991-12-05 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 336 words
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Article22 1991-12-05 1 THE failed deal between German tyre-maker Continental AG and Italy's Pirelli SpA has renewed fears of "Fortress Germany" Page 322 words
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Article24 1991-12-05 1 SINGAPORE'S external trade for October shrank by 8.1 per cent in nominal terms, the first decline recorded this year Page 424 words
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Article23 1991-12-05 1 SOUTH-EAST ASIA'S fasttrack economies are headed for a period of consolidation in 1992 and 1993. predict two economists Page 1123 words
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Article33 1991-12-05 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 1333 words
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Article28 1991-12-05 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 I28 words
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MARKETS SUMMARY
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Article30 1991-12-05 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.30 words
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Article38 1991-12-05 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 2.424.1.38 words
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Article25 1991-12-05 1 FIRST-HALF net earnings at The Hour Glass shrank 41 per cent to Si.B4 million, in spite of higher turnover Page 625 words
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Article22 1991-12-05 1 SHAREHOLDERS of Gold Coin Ltd have been advised to vote for two resolutions involving the restructuring of operations Page 622 words
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Article38 1991-12-05 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 638 words
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Article19 1991-12-05 1 US SECURITIES firm Smith Barney is planning to join Singapore's foreign exchange trading business Page 919 words
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Article, Illustration29 1991-12-05 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 +5.329 words
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Article24 1991-12-05 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% -1/824 words
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Article40 1991-12-05 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 +140 words
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Article, Illustration433 1991-12-05 1 Harish Mehta - 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 to433 words
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312 1991-12-05 1 Hong Lee Tiam - 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 of312 words
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312 1991-12-05 1 Catherine Ong - 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 be312 words
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Article, Illustration226 1991-12-05 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 not226 words
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449 1991-12-05 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 createReuter - 449 words
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161 1991-12-05 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 backAP - 161 words
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Page 1 Advertisements
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Advertisement241 1991-12-05 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 Commodities241 words
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Advertisement130 1991-12-05 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*130 words
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PAGE 2 NEWS
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Article, Illustration602 1991-12-05 2 Colin Tan - 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 $180 million Tiong Bahru Plaza. UOL's deputy general602 words
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249 1991-12-05 2 Asahi TOKYO Bowing to pressure from the ruling Liberal Democratic Party (LDP) and business circles, Japan's Ministry of Finance (MOF) plans to lift a regulation restricting bank and other financial loans to the real estate industry by the end of this year.Asahi - 249 words
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329 1991-12-05 2 TOKYO Japan's economy slowed further in the September quarter, although a slowdown in consumer spending was cushioned by a rebound in export activity and a modest pick-up in capital spending. the Economic Planning Agency said yesterday. It said gross national product in the329 words
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Article205 1991-12-05 2 AFP TOKYO Japan's direct investment in foreign countries fell 28.7 per cent from a year earlier to US$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 sharpAFP - 205 words
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Article, Illustration564 1991-12-05 3 Maggie Ford - 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 industrialising564 words
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669 1991-12-05 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 wouldReuter - 669 words
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Article478 1991-12-05 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
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Article, Illustration379 1991-12-05 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 byReuter; Source: Fundmental Research Incorporated - 379 words
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Page 2 Advertisements
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Advertisement442 1991-12-05 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 the442 words
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Advertisement8 1991-12-05 2 Japanese banks' nonperforming loans surpass reserves, Pg 98 words
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Page 3 Advertisements
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Advertisement76 1991-12-05 3 The Indisputable Genius Oe Gerald Genta gerald genta Singapore Till H(H)R(,lASS»lixkv Pl.l/J Tel *****20/1 •ScoMsTel 2 JS6S27/71«» I entrejxnnt Tel *****48 Peninsula PW.I Tel M7BMNMIBS66I Palais Renaissante Tel 7U12b2/S4» Rattles Tel 1****** •Chang. Airport Term.nal I (East West Wings) Tel *****69/0. Terminal 2 (South Wing) Tel *****81 I Sole Agent76 words
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Advertisement119 1991-12-05 3 This Two Inch Cube Can Make You A Master Of Time And Space. TELEBIT' QBlazer: a new dimension in dial-up modem j 'b i Compact and portable (2.3" 2.4" 2.4") Cost and time-saving (At 38,400bp5, it supports V.32 standards Convenient operation (9V battery or AC power) Standard accessories (Travel pouch,119 words
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SINGAPORE NEWS
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Article561 1991-12-05 4 Sangeeta Mulchand - 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.561 words
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324 1991-12-05 4 Genevieve Cua - 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 relevant324 words
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NEWS ROUNDUP
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89 1991-12-05 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 Permanent89 words
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Article58 1991-12-05 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 and58 words
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Article71 1991-12-05 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 matters71 words
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Article78 1991-12-05 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 yearly78 words
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Article55 1991-12-05 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) and55 words
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Page 4 Advertisements
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Advertisement209 1991-12-05 4 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 to209 words
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Advertisement14 1991-12-05 4 Chartpoint guides you on investing in the stock market. Every Saturday in Business Times.14 words
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Page 5 Advertisements
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Advertisement117 1991-12-05 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 as117 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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97 1991-12-05 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 forms97 words
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Article96 1991-12-05 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 it96 words
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Article73 1991-12-05 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 internal73 words
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Article100 1991-12-05 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, it100 words
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Article54 1991-12-05 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 which54 words
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Article94 1991-12-05 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.94 words
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440 1991-12-05 6 Carolyn Lim - 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 by440 words
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Article182 1991-12-05 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 BhdBernama - 182 words
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Article179 1991-12-05 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 up179 words
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318 1991-12-05 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 theReuter - 318 words
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Article521 1991-12-05 6 Maggie Ford - 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 qualify521 words
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448 1991-12-05 6 William Chia - 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.448 words
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210 1991-12-05 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 remaining210 words
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448 1991-12-05 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 andReuter - 448 words
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Article387 1991-12-05 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-kmReuter - 387 words
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390 1991-12-05 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, told390 words
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235 1991-12-05 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, saidReuter - 235 words
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Page 6 Advertisements
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Advertisement348 1991-12-05 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 TRAINING348 words
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Page 7 Advertisements
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Advertisement138 1991-12-05 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 KUALA138 words
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Page 8 Advertisements
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Advertisement218 1991-12-05 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.218 words
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FINANCIAL NEWS
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Article, Illustration285 1991-12-05 9 S N Vasuki - 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.285 words
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245 1991-12-05 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 saidReuter - 245 words
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SMALL CHANGE
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84 1991-12-05 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 caused84 words
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Article93 1991-12-05 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 information93 words
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59 1991-12-05 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 tender59 words
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68 1991-12-05 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 firms68 words
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Article69 1991-12-05 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 Lybrand69 words
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Article64 1991-12-05 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 studying64 words
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343 1991-12-05 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 theReuter - 343 words
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246 1991-12-05 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' AssociationsReuter - 246 words
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Page 9 Advertisements
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Advertisement469 1991-12-05 9 H ■HEr^^^H t w»««■«■«■» 11« 1 Getting all the component parts for a network used J Not anvmore. Not when there's Epsonet. Epsonet is your one-stop solution for getting everything, and we mean everything, you need for networking. jjte A solution that's built around Epson's new personal computer systems, the469 words
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Page 10 Advertisements
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Advertisement212 1991-12-05 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 Tang212 words
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THE REGION/THE WORLD
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Article497 1991-12-05 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 couldReuter - 497 words
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444 1991-12-05 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) inReuter - 444 words
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Article, Illustration467 1991-12-05 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 TuesdayReuter - 467 words
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242 1991-12-05 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 between242 words
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Article155 1991-12-05 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 potential155 words
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218 1991-12-05 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; and218 words
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WORLD WATCH
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Article121 1991-12-05 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 from121 words
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Article86 1991-12-05 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 Suu86 words
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Article74 1991-12-05 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 to74 words
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Article92 1991-12-05 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. General92 words
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Page 11 Advertisements
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Advertisement233 1991-12-05 11 Introduces Two Powerful 386SXs Which You Can Own Now And Pay One Year Later. Get your powerful ICL 386SX today and pay for it only one year later. No downpayment is needed. (CLDRSMSO& mS S No interest will be charged. ft i NTEL oeeesx. This means you get to use233 words
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Article450 1991-12-05 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.450 words
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WHAT THE OTHERS SAY
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Article317 1991-12-05 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 rights317 words
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Article68 1991-12-05 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 seems68 words
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Article117 1991-12-05 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 said117 words
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REGIONAL VIEWPOINTS
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Article251 1991-12-05 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 live251 words
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Article128 1991-12-05 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 an128 words
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Article139 1991-12-05 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 the139 words
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Article, Illustration726 1991-12-05 12 Michael Hirsh - 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. ButAP - 726 words
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Page 12 Advertisements
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Advertisement285 1991-12-05 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 Technology285 words
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Page 12 Miscellaneous
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Miscellaneous45 1991-12-05 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 I45 words
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ANALYSIS
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771 1991-12-05 13 Lim Yun-suk - 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 returnReuter - 771 words
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Article, Illustration1843 1991-12-05 13 Soh Tiang Keng - 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,1,843 words
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Page 13 Advertisements
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Advertisement113 1991-12-05 13 The most successful hotel in a world famous and uniquely beautiful tourist area NORTH ISLAND, NEW ZEALAND location the capital city of New Zealand's tourism industry, and centre of Maori k cu ture Jfw~ 163 guest rooms and suites, 39 villas, two restaurants, Conference facilities, heated swimming pools, private ■K-113 words
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Page 14 Advertisements
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Advertisement202 1991-12-05 14 THE TOTAL BUSINESS with sky atriums in the office tower. ENVIRONMENT A totally self- A spectacular S-storey office lobby contained development of offices, atrium to dignify your office. shops and apartments BPBKpjpjlgH. Panoramic view of with entertainment, the sea and the city. recreation and hospitality AFFORDABLE w-; VflM■■■ I ARCHITECTURALLY202 words
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ADVERTISING & MARKETING
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Article685 1991-12-05 15 S N Vasuki - 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 they685 words
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Article, Illustration543 1991-12-05 15 Salil Tripathi - 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 to543 words
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349 1991-12-05 15 Hong Lee Tiam - 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
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270 1991-12-05 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 like270 words
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Page 15 Advertisements
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Advertisement103 1991-12-05 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 an103 words
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Advertisement96 1991-12-05 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 *'°y96 words
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SPORTS 1
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Article, Illustration519 1991-12-05 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 piercingReuter - 519 words
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286 1991-12-05 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 ofReuter - 286 words
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227 1991-12-05 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 ticketsAP - 227 words
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SIDE LINES
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98 1991-12-05 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 venue98 words
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Article130 1991-12-05 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 on130 words
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Article160 1991-12-05 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 Barnard160 words
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Article61 1991-12-05 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 of61 words
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538 1991-12-05 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 thereReuter - 538 words
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340 1991-12-05 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 "11Reuter - 340 words
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Page 16 Advertisements
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Advertisement518 1991-12-05 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
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Page 17 Advertisements
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Advertisement188 1991-12-05 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 4188 words
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Advertisement27 1991-12-05 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 Ltd27 words
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Page 18 Advertisements
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Advertisement989 1991-12-05 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 Regena989 words
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Page 18 Miscellaneous
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Miscellaneous592 1991-12-05 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 II592 words
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LIFESTYLE
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Article, Illustration694 1991-12-05 19 Eric Talmadge - 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 rawAP - 694 words
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388 1991-12-05 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 brother388 words
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Article323 1991-12-05 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 anyThe Economist - 323 words
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Page 19 Advertisements
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Advertisement177 1991-12-05 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 I177 words
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Advertisement102 1991-12-05 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 TICKETS102 words
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Advertisement137 1991-12-05 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 Marina137 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3452 1991-12-05 20 Magdalene Ng - 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 all3,452 words
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Article, Illustration68 1991-12-05 20 Chew Eng Han - 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 of68 words
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Article2710 1991-12-05 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% Singmarine2,710 words
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Page 21 Advertisements
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Advertisement23 1991-12-05 21 The smart addition to your research department j is only a phone call away Telephone: *****63,*****66,*****89 I .1, i. *****1»m ui i J23 words
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Article3321 1991-12-05 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 +23,321 words
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Page 22 Advertisements
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Advertisement35 1991-12-05 22 II I mk I m m I wk rn AT Newton or any other food centre? U II U l| L W LI I J Call and tell us your experience on 734-771 1 nAIWDDCUf35 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4901 1991-12-05 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 IndexBernama - 4,901 words
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BT SHARE INFORMATION SERVICE
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Article412 1991-12-05 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 23412 words
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Article229 1991-12-05 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($24229 words
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Article149 1991-12-05 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 Ltd149 words
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Article678 1991-12-05 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 Toshiba678 words
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Article105 1991-12-05 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 Oct105 words
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Article809 1991-12-05 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 23809 words
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Article126 1991-12-05 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 1992126 words
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Article542 1991-12-05 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 978m542 words
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CHARTING SERVICE
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Article, Illustration419 1991-12-05 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 used419 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2242 1991-12-05 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 areReuter; SOURCE: PONT DATA - 2,242 words
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JAKARTA STOCK EXCHANGE
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1039 1991-12-05 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 roseReuter - 1,039 words
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Page 25 Advertisements
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Advertisement8 1991-12-05 25 SINGAPORE business A MONTHLY MAGAZINE OF BUSINESS TRENDS8 words
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Advertisement321 1991-12-05 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 ing321 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2568 1991-12-05 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 thinReuter - 2,568 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2514 1991-12-05 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 upReuter - 2,514 words
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REGIONAL STOCK MARKETS
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New Zealand, Korean shares fall sharply
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Article771 1991-12-05 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 has771 words
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Article537 1991-12-05 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 the537 words
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Article512 1991-12-05 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 NTS512 words
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Article302 1991-12-05 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, transacted302 words
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Article838 1991-12-05 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. Due838 words
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Article71 1991-12-05 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 a71 words
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Article388 1991-12-05 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 Index388 words
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Page 27 Advertisements
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Advertisement9 1991-12-05 27 i Innovation Technology in i Business Times on Tuesday9 words
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WORLD STOCK MARKETS
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Dow slips as blue chips fail to keep pace
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Article196 1991-12-05 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 +1.87196 words
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Article, Illustration1313 1991-12-05 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 the1,313 words
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Article, Illustration763 1991-12-05 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 million763 words
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Article289 1991-12-05 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 EOE289 words
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Article258 1991-12-05 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 sharp258 words
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Article187 1991-12-05 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 billion187 words
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Article277 1991-12-05 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 unofficial277 words
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Article277 1991-12-05 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 shares277 words
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Article131 1991-12-05 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 of131 words
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Article384 1991-12-05 28 A LATE afternoon slide in world bullion prices towards US$362 an ounce prompted a sharp plunge in gold share* on Tuesday, but industrials held up well after a generally thin trading session dealers said. Ij A dive in world platinum prices lec the slump with related shares also taking384 words
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Article250 1991-12-05 28 TORONTO stocks closed slightly lower in skittish, light trade on Tuesday, analysts said. "The market is in search of the bottom. There's some cautious buying but everyone is very, very nervous of another downturn," one analyst said. The TSE-300 closed down 2.97 to 3,453.41 on volume of 20.6 million250 words
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Page 28 Advertisements
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Advertisement19 1991-12-05 28 The Brussels stock report was not available Executive Jobs every Saturday in Business Times Chartpoint in BT every Saturday19 words
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CURRENCY, MONEY & FUTURES MARKETS
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1184 1991-12-05 29 REPORTS ASU Tokyo: The dollar was slightly lower in late Asian trading, but the market was directionless ahead of the Bundesbank's regular council meeting today and the release of US jobs data tomorrow, dealers said. "We're moving in narrow ranges1,184 words
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Article399 1991-12-05 29 Cross rates t>*4 USS S$ 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 0326399 words
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Article534 1991-12-05 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 months534 words
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488 1991-12-05 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
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244 1991-12-05 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 SovietReuter - 244 words
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Article1154 1991-12-05 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 Dec1,154 words
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Page 29 Advertisements
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Advertisement6 1991-12-05 29 Chartpoint in Business Times every Saturday6 words
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COMMODITIES
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396 1991-12-05 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, tradersReuter - 396 words
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313 1991-12-05 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 aReuter - 313 words
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813 1991-12-05 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 were813 words
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Article1443 1991-12-05 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 1281,443 words
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Page 30 Advertisements
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Advertisement198 1991-12-05 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
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Advertisement9 1991-12-05 30 Managers Must Manage BT shows you how every Monday.9 words
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THE TRAVEL PAGE
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Article1156 1991-12-05 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 B1,156 words
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Article, Illustration691 1991-12-05 31 Rolf Soderlind - 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, by691 words
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Article151 1991-12-05 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 14.50151 words
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Article171 1991-12-05 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 Heating171 words
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Page 31 Advertisements
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Advertisement41 1991-12-05 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
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Advertisement28 1991-12-05 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 257728 words
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Advertisement220 1991-12-05 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 services220 words
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Page 31 Miscellaneous
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Miscellaneous238 1991-12-05 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
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Miscellaneous184 1991-12-05 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... 2184 words
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Miscellaneous40 1991-12-05 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 857340 words
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517 1991-12-05 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 upAgencies - 517 words
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353 1991-12-05 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 uponAgencies - 353 words
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398 1991-12-05 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 acceptAFP - 398 words
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248 1991-12-05 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 downAgencies - 248 words
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243 1991-12-05 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. ButReuter - 243 words
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129 1991-12-05 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, handedReuter - 129 words
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Article, Illustration700 1991-12-05 32 SALIL TRIPATHI; SALIL TRIPATHI - 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't700 words
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Page 32 Advertisements
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Advertisement219 1991-12-05 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 Reports219 words
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Advertisement105 1991-12-05 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 of105 words
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Shipping Times
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Article, Illustration440 1991-12-05 33 Rahita Elias - 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 have440 words
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313 1991-12-05 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 traffickingReuter - 313 words
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Article, Illustration358 1991-12-05 33 Dexter Lee - 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-day358 words
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242 1991-12-05 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 it242 words
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LOG BOOK
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Article105 1991-12-05 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 off105 words
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Article121 1991-12-05 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 no121 words
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Article81 1991-12-05 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 News81 words
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99 1991-12-05 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 Vneshekonombank99 words
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Article60 1991-12-05 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 former60 words
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Article55 1991-12-05 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 of55 words
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Article899 1991-12-05 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 Line899 words
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Article512 1991-12-05 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 for512 words
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Article, Illustration1495 1991-12-05 34 Nikki Tait - 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. AFT - 1,495 words
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Article827 1991-12-05 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 and827 words
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Article11753 1991-12-05 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 maximum11,753 words
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Article3379 1991-12-05 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
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Article254 1991-12-05 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
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Article1533 1991-12-05 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. Air1,533 words
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Article3433 1991-12-05 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 by3,433 words
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Article556 1991-12-05 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 NW901556 words
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Article1072 1991-12-05 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 13.500The information was contributed by Simpson Spence & Young - 1,072 words
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Article621 1991-12-05 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 Odvssev621 words
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SHIPS IN PORT
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Article657 1991-12-05 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 alongsrte657 words
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Article224 1991-12-05 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
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Article861 1991-12-05 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 04/1200861 words
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153 1991-12-05 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, ratesReuter - 153 words
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325 1991-12-05 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'sReuter - 325 words
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166 1991-12-05 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 caseReuter - 166 words
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Page 33 Advertisements
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Advertisement116 1991-12-05 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
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Advertisement65 1991-12-05 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 New65 words
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Advertisement7 1991-12-05 33 Decline of an American dream, Pg 27 words
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Page 34 Advertisements
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Advertisement19 1991-12-05 34 UMS aMi MTVtCM WpflMltHl Birtin «f tIM M6*n •> kunMm [fifflit «y«w»- For advertising enquiries, contact Shipping Times: let 740-2089/740-2090.19 words
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Page 35 Advertisements
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Advertisement1642 1991-12-05 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
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Advertisement1449 1991-12-05 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 State1,449 words
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Advertisement840 1991-12-05 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 MAERSK840 words
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Page 36 Advertisements
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Advertisement851 1991-12-05 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. I851 words
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Advertisement770 1991-12-05 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 CARGO770 words
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Advertisement1263 1991-12-05 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 12/011,263 words
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Page 37 Advertisements
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Advertisement1814 1991-12-05 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 04-051,814 words
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Advertisement2229 1991-12-05 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 ARKRICAN2,229 words
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Advertisement330 1991-12-05 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 cA330 words
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Advertisement527 1991-12-05 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 BOTH527 words
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Advertisement1291 1991-12-05 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
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Advertisement1288 1991-12-05 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/I1,288 words
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Page 39 Advertisements
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Advertisement1914 1991-12-05 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
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Advertisement1043 1991-12-05 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 »www1,043 words
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Page 40 Advertisements
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Advertisement1538 1991-12-05 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 internusa1,538 words
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Advertisement1364 1991-12-05 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 ASSOCIATION1,364 words
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Page 41 Advertisements
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Advertisement955 1991-12-05 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/IS955 words
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Advertisement1167 1991-12-05 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 4481,167 words
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Advertisement481 1991-12-05 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 Wolr481 words
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Page 43 Advertisements
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Advertisement357 1991-12-05 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 B357 words
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Advertisement593 1991-12-05 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/ 2593 words
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Advertisement786 1991-12-05 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 ziTli786 words
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Advertisement823 1991-12-05 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 m823 words
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Advertisement286 1991-12-05 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 tor286 words
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Advertisement1593 1991-12-05 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, *****41,593 words
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Advertisement525 1991-12-05 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 VANCOUVER525 words
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Advertisement871 1991-12-05 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 30/01871 words
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Advertisement655 1991-12-05 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 Tw655 words
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Advertisement1088 1991-12-05 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 11/121,088 words
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Advertisement362 1991-12-05 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 NEW362 words
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Advertisement1159 1991-12-05 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 ItT1,159 words
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Advertisement14 1991-12-05 47 This when nobody else TNT can. Call 742 9000 to air express your gift.14 words
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Advertisement133 1991-12-05 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 day133 words
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Page 49 Miscellaneous
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Miscellaneous316 1991-12-05 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 06316 words
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Advertisement1053 1991-12-05 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 NAN1,053 words
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Advertisement203 1991-12-05 50 CURTAIN BROTHERS SHIPPING PTY LTD EXPRESS WEEKLY SERVICE TO/FROM PAPUA NEW GUINEA ACCEPTING CONTAINER/LCL/BREAKBULK/H/LIFTS WATCH OUT FOR OUR DAILT ADVERTISEMENT PACE 9, COL S SINGAPORE DIRECT TO LAE 11 DAYS ONLY JUST IN TIME FOR CHRISTMAS!!! VSI/VOY ETA SPORE ETA LAE ETA POM ft Till Stf V4SB »/12/»l M/ 12/91203 words
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Advertisement708 1991-12-05 50 CHARTPOINTj Every Saturday in Business Times FREIGHT SERVICES PTE LTD@ EstabNtlwd Slno* 1994 We Sail The World For You REGULAR GROUPACE LCL CONSOLIDATION SERVICES IMPORT EXPORT Oceania Port-of-Call Far East Port-of-Call Australia: Bangkok Sydney Hong Kong Melbourne Manila Fremantle Keelung Busan New Zealand: Jakarta Auckland Penang (Accepting all inland destinations708 words
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