The Business Times, 10 December 1991

Microfilm: NL17725
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times GSStZfER FOR S-EASIA MCI (P) 16/12/90 Tuesday, December 10, 75*
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  • NEWS SUMMARY
    • Article
      Miyazawa pledges to help rebuild Cambodia, Vietnam
      51 1 TOKYO Japanese Prime Minister Kiichi Miyazawa pledged eo-opcration in rebuilding Cambodia and Vietnam when he met with his Thai counterpart Anand Panyarachun here yesterday, Japanese officials said. The pledge came in response to Mr Anand's request that Japan play a role in rebuilding
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    • Article
      Vance leaves without accord on UN forces
      29 1 BELGRADE UN envoy Cyrus Vance left Belgrade for New York yesterday without reaching any agreement on sending UN peacekeeping forces to Yugoslavia.
      29 words
    • Article
      Window for India
      37 1 INDIAN businessmen say a proposal to set up an exclusive manufacturing zone for Singapore investors in south India could help India gain greater access to the Asean as well as world market Page 2
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    • Article
      Manila move welcomed
      25 1 MANILA'S foreign business community has welcomed the Aquino government's decision to lift foreign exchange restrictions by Jan 2 next year Page 3
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    • Article
      Phone factory in Batam
      24 1 HONGKONG-BASED IDT International, through subsidiar> IDT Singapore, is setting up a SS7 million cordless phone factory in Batam Page 4
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    • Article
      Inflation fears
      30 1 CONCERN over a higher inflation rate prompted the Malaysian government to tighten the liquidity in the banking system. Finance Minister Datuk Seri Anwar Ibrahim has explained Page 10
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    • Article
      Shaky resorts
      22 1 JAPAN'S gigantic resort industry does not address the real needs of the population and could be fundamentally shaky Page 12
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    • Article
      Salim picks Plantek
      22 1 INDONESIA'S Salim Group has picked biotech research firm Plantek of Singapore to support its vast agricultural interests Page 16
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    • Article
      Ukrainian line plans
      30 1 UKRAINIAN line Black Sea Shipping Company (Blasco) plans to expand its fleet and embark on two passenger service projects totalling USS9O million (*****.9 million). Shipping limes I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      31 1 BLUE-CHIP prices on Walt Street opened higher yesterday with the Dow Jones Index of 30 leading industrials up 7.83 points to 2,894.23 in the first five minutes of trading.
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    • Article
      Footsie up
      24 1 SHARE PRICES were slightly higher in London at midday yesterday. At about noon, the FTSE 100 was up 2.7 points, at 2,391.4.
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    • Article
      Inno-Pac gets adviser
      29 1 INNO-PACIFIC Holdings Ltd has appointed an independent committee to review and advise on its controversial proposal to acquire Hongkong company Lucky Man Properties Ltd Page 6
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    • Article
      Pengkalen streamlines
      22 1 PENGKALEN Holdings Bhd has streamlined its core activities of finance, manufacturing and property into three separate listed companies. Page 6
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    • Article
      IMC in M'sian project
      33 1 HONGKONG-BASED International Maritime Carriers (IMC) will build a MS 120 m (5572.2 million) office building in Kuala Lumpur, its first major venture into the Malaysian property market Page 7
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    • Article
      A$ may slip further
      37 1 THE AUSTRALIAN dollar, recently battered by the replacement of the Australian treasurer, may fall further to 74 US cents within the next six months, says Macquarie Bank executive director Paul Robertson Page 9
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6485 100 Yen SS 1.2859 MS SS 0.6013 Money market rates Overnight 2 1/4 -5/8 3-month 3 unch
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    • Article, Illustration
      STOCK INDICES
      29 1 Monda> Change BT-MGA 696.33 -0.74 Kuala Lumpur ...531.42 +1.09 Tokyo 22.352.88 -92.18 Hongkong 4.203.20 +13.16 Svdne> 1,579.9 -5.0 Frida) Change Ne* York 2.886.40 -2.69 London 2.388.7 -18.3
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    • Article
      COMMODITIES
      36 1 London GoW AM fix USS370.20 +USS2.30 Rubber S'pore Jan.... 133.00*/kg -0.25 M'sia Jan 218.50«/kg unch KL Tin Turnover 70 tonnes ~24 Spot MSl4.60/kg +0.03 Crude palm oil Turnover 608 lots -550 Feb V1S885 /tonne +3
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  • Article
    Indon garment maker plans chain of retail stores
    778 1  -  From Teh Hooi Ling in JAKARTA LEADING garment maker Pan Brothers Tex plans to open a chain of retail clothing stores to cash in on the growing purchasing power of Indonesian consumers and to follow this with outlets in other Asian countries.
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  • Article, Illustration
    Lock icon S$ hits new high against US$
    224 1 SINGAPORE The greenback sank to a new trading low of 1.6455 against the Singapore dollar yesterday, pressured by weak US economic statistics released on Friday and a 1/4-point drop in key US interest rates. Declining US interest rates have also led to lower rates
    Source: TeleTrac  -  224 words
  • Article
    Lock icon Summit tackles EC integration and Soviet disintegration
    344 1 The Maastricht summit AFP MAASTRICHT, The Netherlands The European Community grappled with two historic challenges as it launched a two-day summit here yesterday: how to deepen EC integration and face the hazards of Soviet disintegration. Community leaders were meeting on the sidelines of
    AFP  -  344 words
  • Article
    Jurong Shipyard holding talks with Vietnam yards
    296 1  -  By Selva Kumar SINGAPORE Listed shipbuilder and repairer Jurong Shipyard is holding talks with Vietnamese yards on how it can help them modernise their facilities. The move was revealed yesterday by managing director of Jurong Shipyard, Mr Tan Kwi Kin, at an Economic
    296 words
  • Article, Illustration
    Lock icon Soviet Union declared dead by Slav republics
    322 1 Reuter MOSCOW Declaring the Soviet Union dead, the mighty Slav trio of Russia, Ukraine and Byelorussia created a new commonwealth and key player Russian leader Boris Yeltsin confronted Soviet President Mikhail Gorbachev in the Kremlin yesterday, after they had stripped him of his
    Reuter  -  322 words
  • Article
    Assets of Maxwell's son frozen, passport to be held
    156 1 LONDON A court yesterday froze the worldwide assets of media mogul Robert Maxwell's son Kevin and ordered him and his brother lan to surrender their passports at the request of a liquidator inquiring into missing pension fund assets, lawyers said. Provisional
    156 words
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  • PAGE 2 NEWS
    • Article
      Businessmen hail proposed S'pore corridor in India
      438 2  -  From Rajendra Bajpai in NEW DELHI INDIAN businessmen said a proposal to set up an exclusive manufacturing zone or a corridor for Singapore investors in south India could help India gain greater access to the Asean as well as world markets. They said
      438 words
    • Article
      Setting up of additional free trade zones approved
      506 2  -  From Shirish Nadkarni in BOMBAY THE Indian government has given the go-ahead for the setting up of more free trade zones (FTZs), following the success of the existing seven. The FTZs allow for software technology parks with 100 per cent foreign equity
      506 words
    • Article, Illustration
      Lock icon China and India set to thaw ties with Li Peng's visit
      421 2 Reuter BEIJING Relations between China and India, icy since a border war nearly 30 years ago, look set to thaw with a fence-mending visit by Chinese Premier Li Peng to New Delhi this week. Mr Li will be the
      Reuter  -  421 words
    • Article
      Lock icon Viet reforms need not change system, says party chief
      322 2 AFP HANOI Constitutional and administrative reforms sought by Vietnam's ruling communist party will leave the existing socialist system intact, party secretary general Do Muoi was quoted as saying yesterday. Mr Muoi called at the last party plenum, which ended last Wednesday,
      AFP  -  322 words
    • Article, Illustration
      Lock icon Marine sector expecting record turnover of $3b
      491 3  -  But industry is preparing for downturn By Selva Kumar SINGAPORE Growth in the local marine sector surpassed expectations this year and prospects are bright in the near term, but industry officials are taking no chances in preparing for any future setbacks. Yesterday at
      Source: Association of Singapore Marine Industries  -  491 words
    • Article, Illustration
      Tycoon knew he was to be exposed: paper
      740 3 The Maxwell Muddle LONDON Media mogul Robert Maxwell knew he was on the verge of being exposed for illegal share trading when he plunged from his luxury yacht last month, his Daily Mirror newspaper alleged yesterday. Maxwell died mysteriously at sea on
      740 words
    • Article
      Lock icon Aussie govt allows INP bid for Fairfax
      351 3 Reuter CANBERRA The Australian government yesterday said it had no objections to Tony O'Reilly's Independent Newspapers pic (INP) bid for the debt-ridden John Fairfax Group Pty Ltd, but had blocked the Tourang Ltd bid. But a government spokesman, an adviser to former treasurer
      Reuter  -  351 words
    • Article
      Manila's move to lift forex restrictions gets positive response
      594 3  -  From Al O Labita in MANILA MANILA Manila's foreign business community yesterday hailed the Aquino government's decision to lift foreign exchange restrictions by Jan 2 next year. "It is a positive development," said Keppel Philippines Shipyard Inc (KPSI) president Hoe Eng
      594 words
    • Article
      Lock icon Tokyo shelves Soviet insurance plan
      580 3 Agencies TOKYO The break-up of the Soviet Union has forced the Japanese government to shelve its planned insurance coverage for Japanese investment in the Soviet Union, the Kvodo News Agency reported yesterday. Soviet-Japanese economic links in general were seen here to go deeper into the
      Agencies  -  580 words
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      Page 2 Advertisements Column 1
      348 2 EPSON NOVELL TSTV*. /<sn. j*.j«-.5» ii v Jfiiwii** < jj^H' f"' 1 V Taa. Getting all the component parts for a network used Not anymore. Not when there's Epsonet. Epsonet is your one-stop solution for getting A solution that's built around Epson's new personal computer systems, the EL Plus series
      348 words
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      Page 3 Advertisements Column 1
      227 3 Jhmhhh|J -IP^^B Soma phono lyitMM may mm additional phonos, you won't havo to machinal. cordloss and singlo lino chaap at tha tlma. but bawaro. install fork out an exorbitant amount for thorn. phonos, modoms. focslmllos. data toranything othor than —ALL THE FEATURES YOU NEED minals. hoadsots. and prlntors to kaop
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        SMA holding 59th annual dinner
        33 4 THE Singapore Manufacturers Association will hold its 59th annual dinner at the Shangri-La Hotel tomorrow, with the Deputy Prime Minister BG (Reservist) Lee Hsien Loong as the guest-of-honour.
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      • Article
        Armed forces honours retirees
        57 4 SOME 155 retirees from the Army, Navy and Air Force were honoured at the Bth farewell dinner at the Westin Stamford and Westin Plaza yesterday. The SAF Chief of Defence Force Lt-Gen Winston Choo officiated at the ceremony and gave a speech of thanks to the
        57 words
      • Article
        Creativity workshop at poly
        55 4 MORE than 50 school teachers from 28 schools have signed up for a three-day creativity workshop organised by the Electrical Engineering (ELR) Department of Ngee Ann Polytechnic, which will be run from today to Thursday. Lecturers from the ELR department will be sharing innovative and effective
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      • Article
        Computer camp
        51 4 THE MP for Hong Kah, Dr John Chen was the guest-of-honour at yesterday's Singapore Polytechnic Computer Fun Camp 1991. The camp, which attracted 800 GCE 'O' level school leavers, aims to educate students in computers as well as to give them an opportunity to learn more about polytechnic
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    • Article, Illustration
      HK group sets up $7m factory in Batam
      324 4  -  By Chuang Peck Ming IDT SINGAPORE, a subsidiary of Hongkong-based IDT International, is investing nearly Ss7 million in a factory in Batam to produce cordless telephone and other telecommunication equipment for the American market. Through Smoothline Pte (S) Ltd, a manufacturer of
      324 words
    • Article, Illustration
      HK art gallery opens S'pore branch
      281 4  -  By Hong Lee Tiam CAPITALISING on Singapore's growing interest in art and the government's push to create a more gracious and culturally-aware society. Plum Blossoms Gallery International of Hongkong opened a branch here last month. Plum Blossoms' Hongkong gallery, which opened in 1986, has
      281 words
    • Article, Illustration
      Investment firm Bonaventure to build $26m hi-tech factory
      368 4  -  By Colin Tan BONAVENTURE Holdings, a Singapore investment company recently turned developer, has plans to build a $26 million hi-tech factory in the Paya Lebar industrial area. Located on a 53,000 square feet freehold site, the eight-storey building is sandwiched between Upper
      368 words
    • Article
      Cold Storage to open at Ngee Ann City
      281 4 IN A widely expected move, Cold Storage Holdings yesterday announced that it will open a new supermarket in Ngee Ann City, which at 2,300 sq m, will be one of the largest in Singapore. It is not clear if the supermarket will
      281 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      209 4 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times INVITATION to 3 free seminsr on HOW TO COMPUTERISE YOUR PAYROLL, PERSONNEL, FINANCIAL SYSTEM THE SUCCESSFUL WAY EASY PAY is a leading payroll system with over 1,000 packages sold in Singapore. -—JL EASY STAFF personnel
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      Page 4 Advertisements Column 2
      112 4 WARNING: SIX IWDOWN Should you cash in your stocks, hold on to your busily plotting what the smart money should do if a serious downturn 6 'Investors willing to look at the long term comes next vear should put their money in Indonesian stocks' \lanu Bhaskaran What about you? Economic
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      249 5 As the chief architect of an entire range of spatial systems, the civil aviation market. 70% of AEROSPATIALE'S turnover is from today's satellites to tomorrow's orbital space stations, AERO- realised in programmes which involve cooperation of one sort or SPATIALE has, to date, sold 39 telecommunications and direct televi- another
      249 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        C&C Bintang posts 43pc rise in profits
        91 6 KUALA LUMPUR Cycle and Carriage Bintang Berhad reported a 43 per cent rise in group pre-tax profit to M 559.72 million for the year ended Sep 30, 1991, against M 541.87 million a year earlier. Group turnover rose 37 per cent to $729.49
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      • Article
        GB Holdings forms new unit
        76 6 SINGAPORE GB Holdings has announced that it has formed a new wholly-owned subsidiary, Marina Craft Pte Ltd, in Singapore. The directors of the new company are Mr Robert Livingston and Mr Lin Ah Yok. The company said that the subsidiary had entered into a long-term
        76 words
      • Article
        New board members at SAE
        78 6 SINGAPORE Singapore Automotive Engineering Ltd has informed the SES that Mr Lim Yong Wah and Mr David Lim Tik En have been appointed to its board. It added that Mr Lim Yong Wah has been appointed as chairman of the Audit Committee and Mr David
        78 words
    • Article
      Lock icon Pernas Sogo gets US$150m credit facility
      236 6 Bernama KUALA LUMPUR Pernas Sogo Sdn Bhd yesterday signed a three-year credit facility of US$l5O million (***** million) to finance the construction of a proposed 10-storey building for Sogo Department Store here. The department store is the first phase of Pernas Sogo's integrated development
      Bernama  -  236 words
    • Article
      Inno-Pac appoints panel to review Lucky Man deal
      616 6  -  By William Chia SINGAPORE Inno-Pacif-ic Holdings Ltd has appointed an independent committee to review and advise on its controversial proposal to acquire Hongkong company Lucky Man Properties Ltd. This appears to be an attempt to boost the chances for approval of Inno-Pac's
      616 words
    • Article
      Takeover panel's stiff terms led to dropping of Berjaya offer: MUMB
      352 6  -  By SN Vasuki SINGAPORE Malayan United Manufacturing Bhd (MUMB) withdrew its partial takeover offer for Tan Sri Vincent Tan's Berjaya Group Bhd due to stiff conditions imposed on the bid by Malaysia's Panel on Takeovers and Mergers, the company
      352 words
    • Article
      Lock icon Berjaya Air awaits approval to start service
      201 6 MBT KUALA LUMPUR Malaysia may have another domestic air service operator if plans by Berjaya Air Charter to launch scheduled flights are approved by the authorities making it the third airline to operate internal services after national carrier Malaysia Airlines and domestic and
      MBT  -  201 words
    • Article
      Pengkalen revamps units involved in core activities
      368 6  -  From Sylvia Wong in KUALA LUMPUR PENGKALEN Holdings Bhd has embarked on a restructuring exercise under which subsidiaries involved in its core activities of finance, manufacturing and property will be streamlined into three separate listed companies. Yesterday the group's listed stockbroking company, Kimara
      368 words
    • Article
      Institutions to take up fully NOL's $400m bond issue
      339 6  -  By Dexter Lee SINGAPORE Neptune Orient Lines Ltd has secured commitments from institutional investors to take up fully $400 million of bonds it proposes to issue to partly finance recent orders for seven new ships. A portion of the funds raised,
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    • Article
      S Aerospace wins Fokker sub-assembly deal
      288 6 SINGAPORE Singapore Aerospace has secured its first sub-asscmblv contract, worth US$ll million (5518.2 million), from Fokker Aircraft of Holland sincc going public a year ago. In a statement yesterday, Singapore Aerospace said subsidiary Singapore Aerospace Manufacturing won the contract to make 150 sets of
      288 words
    • Article, Illustration
      American ginseng tea bags launched
      303 6 SINGAPORE Property and medicinal group Eu Yan Sang is launching a line of American ginseng tea bags in yet another effort to popularise its core business of traditional herbal preparations. Among others, American ginseng is said to be able to relieve stress, as opposed to
      303 words
    • Article
      IMC to build M$120m office building in KL
      346 7  -  By Elaine Koh SINGAPORE Hongkongbased International Maritime Carriers is making its first major venture into the Malaysian property market with plans for a Msl2o million (about 5572.2 million) building in Kuala Lumpur. The Menara IMC will be a 29-storey office building offering
      346 words
    • Article
      Lock icon Wharf seeking control of Regent chain
      282 7 Reuter HONGKONG Hongkong's Wharf (Holdings) Ltd has made a bid to acquire a 65 per cent controlling stake in the Regent International Hotel chain, the company said yesterday. The announcement came as the group announced sharplv higher interim net of HK5802.90 million (*****.2 million)
      Reuter  -  282 words
    • COMPANY BRIEFS
      • Article
        Pakistani companies rushing for listings
        64 7 KARACHI Pakistani companies, bolstered by an unprecedented rise in Karachi share prices, are queuing up for stock exchange listings. At least 32 companies are pressing for a listing on the country's main Karachi Stock Exchange, says KSE president Jahangir Siddiqui. They include banks. Islamic trust
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      • Article
        Five to bid for Thai telecom deal
        99 7 BANGKOK Five companies will submit proposals seeking to supply equipment for a submarine optical fibre cable project worth four billion baht (SS26O million), in which Thailand plans to invest as part of the Asean-Pacific network linking North America and the Far East, says
        99 words
      • Article
        Alcoa buying 9pc Resource stake
        72 7 MELBOURNE Nine per cent of First National Resource Trust will be placed with Alcoa of Australia Ltd to help fund a rise in the trust's stake in the Portland aluminium smelter, trust manager National Australia Managers Ltd (NAML) said yesterday. NAML chairman Bill Irvine said
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      • Article
        Nippon in Myanmar oil venture
        86 7 TOKYO Nippon Oil Exploration Ltd, a member of the Nippon Oil Co Ltd group of companies, will begin developing two offshore oil fields in Myanmar in cooperation with Texaco Exploration Myanmar Inc, a Nippon spokesman said yesterday. Texaco Exploration is a subsidiary of Texaco Inc.
        86 words
    • Article, Illustration
      Lock icon Analysts sceptical about Hopewell's Thai transit deal
      666 7 Reuter HONGKONG Few analysts deny Hongkong tycoon Gordon Wu pulled off a coup by reaching agreement with Thai officials on a Bangkok transit project last week, but they are less sure about its impact on his Hopewell Holdings Ltd. Hopewell last Wednesday accepted
      Reuter  -  666 words
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      35 6 f JBI I igmmmm w v fl &2) 1 1 tt..i > Titanium 686 THE WORLD OF VISION I M0D.7093 MOO. 7195 MOD. 282 *4 So/r i4gr/i*s /or Singapore and Malaysia: Sin Kwang Optical Pte. Ltd.
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      Page 7 Advertisements Column 1
      98 7 1 If you are considering implementing I 1.5.0. 9000, make sure your Q.A. I system works for YOU. I Talk to Asian Business Consultants. 1 Our Integrated Quality Management 1 approach, combined with our expertise I in 1.5.0. 9000 standards, ensures your I system is truly a mechanism to help
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      Page 7 Advertisements Column 2
      149 7 JP'l Ml WL w M mam Mm., JV y§ IHH s 1 i k^A Eimj- wTrn'69' »*>•»■ SHMnus vote When I won the Tchaikovsky competition, I was tnrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      252 8 It's our way of thanking Singapore for making EXPRESSfreighter SM our biggest success ever. The introduction of Federal Express DC-10 EXPRESSfreiphter SM example, send a 20kg shipment, save $200. Send a 30kg shipment, r"/" ,i "1 which provides overnight service to over 58,000 destinations save $300. Limit 70kg or $700.
      252 words
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  • FINANCIAL NEWS
    • Article
      Aussie dollar may fall further against US unit
      342 9  -  By Chew Eng Han SINGAPORE The Australian dollar, recently battered by the replacement of the Australian treasurer, may come even cheaper to investors over the next few months. Vlacquarie Bank executive director Paul Robertson believes the Australian dollar may fall further to
      342 words
    • Article
      Maybank and Palm Resort to launch Visa Gold affinity card
      353 9 SINGAPORE The Singapore branch of Malayan Banking has tied up with Palm Resort Golt and Country Club to launch a Visa Gold affinity card. The card, which also doubles up as the club's membership card, will give holders access to
      353 words
    • Article
      Lock icon Japanese funds to Asia likely to cost more: banker
      483 9 Reuter KUALA LUMPUR In spite of signs of a world credit crunch, Japanese banks will continue to provide the financial support which has helped drive Asia's economies but funds are likely to cost more in future, says a senior Japanese banker.
      Reuter  -  483 words
    • Article
      Lock icon Wall Street looks to overseas markets for growth
      279 9 Reuter BOCA RATON. Florida Wall Street is looking to boost business in overseas markets including "young" ones like Thailand and Latin America as US investors and trading systems grow more sophisticated. Investment executives attending an industry trade conference here said despite a
      Reuter  -  279 words
    • SMALL CHANGE
      • Article
        Different pricing system for next NTT issue
        85 9 TOKYO Nomura Securities Co and Morgan Stanley Japan Ltd will co-lead manage the next Nippon Telegraph and Telephone Corp (Ni l) issue in the Japanese domestic bond market, utilising a pricing system similar to that commonly employed in the US and Eurobond markets,
        85 words
      • Article
        NatWest keeps mum on report
        118 9 LONDON National Westminster Bank has declined to comment on a report that it is facing a loss this year for the first time in its history. But Britain's Independent On Sunday newspaper quoted analysts as saying that the bank was likely to maintain its dividend
        118 words
      • Article
        Shanghai firms to issue shares
        92 9 BEIJING Five Shanghai companies are to issue shares this month, the first large-scale issue since the Shanghai bourse was set up one year ago, the New China News Agency said on Sunday. Shanghai Pudong Dazhong Taxi Service Co would issue 14 million yuan of shares,
        92 words
      • Article
        Czechoslovakia gets loan
        100 9 TOKYO The Export-Import Bank of Japan and Czechoslovakia signed a loan for the equivalent of US$2OO million (*****.7 million) vesterday as part of a structural adjustment facility of US$45O million from the World Bank. The proceeds of the untied loan would be used to pa\ tor imports,
        100 words
    • Article
      Lock icon Doubts remain over HK's revived futures exchange
      372 9 Reuter HONGKONG Hongkong's battered futures exchange is back on its feet four years after a global stocks crash almost closed it down, but analysts doubt it will attract enough speculative smaller players to really take off. In 1987. investors from tycoons to taxi
      Reuter  -  372 words
    • Article, Illustration
      Lock icon NZ shares firming up but recovery will be slow: exchange chairman
      567 9 MARKET TALK Reuter WELLINGTON New Zealand shares, which have not recovered from the 1987 share market crash, should continue to firm but future improvements will be slow and arduous, stock exchange chairman David Wale says. In an interview. Mr
      Reuter; Source: BZW Pacific  -  567 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      123 9 Tjl ■■PSffi*,*. v /-jaw -T t f Did you know that within 24 hours you experience to help your business can get cash advances of up to 90% grow with a full range of factoring of your invoices from Heller Factoring, services, including credit protection Because we understand that you
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      Page 9 Advertisements Column 2
      17 9 RL to tighten liquidity amid inflation fears, Pg 10 Wall St gives Bush mediocre marks, Pg 11
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  • THE REGION
    • Article, Illustration
      Lock icon Inflation fears prompted KL to tighten liquidity
      442 10 Anwar explains measures to boost domestic savings Bernama KUALA LUMPUR The Malaysian government is concerned that a rising inflation rate, if left unchecked, could discourage domestic savings and lead to economic instability with adverse implications for future growth. Finance Minister Datuk Seri Anwar
      Bernama  -  442 words
    • Article
      Lock icon Cement shortage seen for next 5 years
      417 10 Bernama LANGKAWI Malaysia, already facing a severe shortage of cement this year, is expected to continue experiencing the problem in the next five years, the joint managing director of Kedah Cement Holdings Bhd, Heng Keah Yong. said. Demand for the commodity will outstrip
      Bernama  -  417 words
    • Article
      Bangkok hotels face gloomier days
      380 10 BANGKOK Hotels in this city will continue to suffer from a slowdown in tourism traffic next year and a fierce glut-generated room tariffs war. Bangkok-based The S'aiion reported. Thai Hotels Association president Jatupom S Katakul told The Salion last week that the occupancy rate of
      380 words
    • NOTE BOOK
      • Article
        Jakarta inquires into anti-govt fundings
        76 10 JAKARTA Indonesian authorities are currently investigating the country's non-governmental organisations (NGOs) to find out whether any had used foreign funding for antigovernment activities, a senior minister has said. The armed forces' Angkatan Bersenjata daily yesterday quoted Coordinating Minister of Political and Security Affairs Sudomo as
        76 words
      • Article
        Imelda pleads not guilty
        117 10 MANILA Former Philippine first lady Imelda Marcos pleaded not guilty to tax fraud charges yesterday when she went on trial in her homeland for the first time since she returned from exile in the United States. Shaking her head each time, she pleaded "not guilty" to
        117 words
      • Article
        Thailand's export target
        62 10 BANGKOK Thailand's preliminary export target for 1992 is set at between U5533.76 billion (5555.6 billion) and U5534.4 billion, commerce ministry officials said here yesterday. The target, prepared by the ministry, represents an increase of between 18.04 and 20.28 per cent over this year, they said. Total exports
        62 words
      • Article
        M'sia signs rice deal with India
        115 10 KUALA LUMPUR Malaysia has signed a contract for the purchase of an unprecedented 70,000 tonnes of top grade rice worth Msso million (Ss3o million) from India, a senior official of the National Padi and Rice Board said yesterday. Lani Kaling, director for marketing and
        115 words
    • Article
      Lock icon NZ drops plan to balance Budget in 1993
      398 10 AFP WELLINGTON New Zealand's hardline monetarist Finance Minister, Ruth Richardson, said late yesterday that she had abandoned her stated aim of balancing the Budget in 1993. Her announcement came just hours after Prime Minister Jim Bolger appeared to distance himself from Ms
      AFP  -  398 words
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      Page 10 Advertisements Column 1
      1513 10 I COMMONWEALTH BANK OF AUSTRALIA AMD SUBSIDIARIES Annual Report for the Year Ended 30th June 1991 Consolidated Balance Sheet as at 30 June 1991 I Consolidated Statement Of Prom And Loss For Year Ended 30 June 1991 1991 1990 I 1 1 I Jm $m I $m $m I Assets
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  • THE WORLD
    • Article, Illustration
      Lock icon White House, Democrats may work out tax-cut deal
      606 11 The state of the US economy Reuter WASHINGTON Faced with the threat of a renewed plunge into recession, the US Administration and some top Democrats have started to think about cooperating to get the economy out of trouble and themselves re-elected. US
      Reuter  -  606 words
    • Article
      Lock icon China clamps down on fake labelling of exported garments
      286 11 AFP BEIJING China has banned all domestic companies from doing business with a Hongkong-based firm accused of illegally selling Chinese-made garments to the US. a state-run newspaper reported yesterday. The ban was recent ly issued by the Foreign Economic Relations and
      AFP  -  286 words
    • Article, Illustration
      Lock icon Cracks widen in UK building industry
      662 11 Worsening conditions for residential, commercial markets FT LONDON Share prices of British construction and building material companies have taken fright in the past few days following fresh warnings of dividend cuts, large provisions to cover declining property values and sharply lower profits. Bad news
      FT; FT graphics Source: Datastream  -  662 words
    • Article
      Lock icon Wall St gives Bush mediocre marks
      345 11 Reuter BOCA RATON, Florida Wall Street is not too pleased with the Bush Administration, giving it just mediocre grades for its handling of the US economy. The White House has failed to articulate the economic problems facing the US. said executives attending the Securities
      Reuter  -  345 words
    • Article, Illustration
      Lock icon Scandals continue to haunt Miyazawa
      602 11 AP TOKYO Prime Minister Kiichi Miyazawa was questioned in Parliament yesterday about old and new scandals, adding fresh doubts about his leadership in the wake of his shaky efforts to pass a controversial troopdispatch bill. Opposition legislators questioned Mr Miyazawa about his involvement in a
      AP  -  602 words
    • WORLD WATCH
      • Article
        Progress in EC-US farm trade reform talks
        80 11 WASHINGTON US Agriculture Secretary Edward Madigan and European Community Farm Commissioner Ray MacSharrv have reported progress in talks seen as an attempt to revive the flagging Gatt trade reform negotiations. "Progress has been made and the work will continue," Mr MacSharrv said on
        80 words
      • Article
        No UN force for Yugoslavia
        47 11 BELGRADE United Nations envoy Cyrus Vance left Yugoslavia yesterday after a week-long visit in which he decided no peace-keeping force could be sent to the country for the time being because of continued fighting in Croatia. Mr Vance flew out before dawn.
        47 words
      • Article
        Seoul joins world labour body
        81 11 SEOUL South Korea became a member of the International Labour Organisati<?n (ILO) yesterday. "We now have the rights and responsibilities of a full ILO member, the Foreign Ministry said in a statement. "And we will work harder for the well-being of the workers and to
        81 words
      • Article
        Chinese families shrinking
        86 11 BEIJING The Chinese family has shrunk to an average of fewer than four people, an official newspaper said yesterday. A sample of 10 per cent of China's households showed the average familv size was 3.97 people, down from 4.23 members in 1987 and 4.41 in 1982. The
        86 words
      • Article
        Part of oil platform replaced
        71 11 LONDON Part of the North Sea Piper Alpha oil platform destroyed three years ago in the world's worst offshore oil disaster was replaced on Saturday when a giant crane hoisted the module into place. Operator Elf Enterprise Caledonia Ltd said installation of the 10.750-tonne Pip
        71 words
      • Article
        Cuba not getting Soviet oil
        52 11 MEXICO CITY Cuba has not received a drop of Soviet oil this month and could end the year with electricity blackouts. The Soviet Union had agreed to ship Cuba 10 million tonnes of crude this year at a subsidised rate, but shipments began lagging behind
        52 words
    • Article
      Lock icon Japan's November trade surplus seen rising
      224 11 Reuter TOKYO Japan's customs cleared trade surplus, the cause of so much friction with its major trading partners. may have widened last month to nearly two-and-a-half times its level last year, economists said yesterday. Economists polled by Reuters expected upcoming data to show a
      Reuter  -  224 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      11 11 Bottomline: time to tie up the LS fiscal arm. Back Page
      11 words
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      Page 11 Advertisements Column 2
      123 11 OH vaafflM a nfIHI^HHHHIiw -^^mßsmuuK^/r* Aii, B i C^3*.\ y9 I wl ITPIT .x 1 ii I IT if^ —-—zsmM EmSML jmßflßm. AlH^fiMH&F^"* >• Moorea Collection ASIA WATCH CENTRE PTE LTD Parkway Parade. »81-6»/6<l CHEW CHEONG WATCH CENTRE Shaw Centre. •03 39/40 CORTINA WATCH CENTRE PTE LTD Funan Centre. *02-15/17
      123 words
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  • Article
    Hawke's woes not over yet
    508 12 EDITORIAL THIS YEAR the world has witnessed the continuing spectacle of five Anglo-Sax-on nations America, Canada, Britain, Australia and New Zealand labouring under severe recession, and the negative impact that this has had on the political fortunes of their leaders. In America. President George Bush's
    508 words
  • WHAT THE OTHERS SAY
    • Article
      To Vietnam with eyes open
      344 12 THE door to Vietnam is open and the welcome mat laid out. but there is much housekeeping to be done before Singapore investors will be able to enter with confidence and feel at home. Since greater investment would be a positive development not just for
      344 words
    • Article
      Improving taxi service
      82 12 THE move by the Registry of Vehicles to further improve taxi serv ice is certainly welcome news for commuters. There is one area that needs attention improving the attitude of drivers and impressing on them the need to be courteous. We acknowledge that the number of errant
      82 words
    • Article
      Flexible policy
      71 12 THE scheme to allow those above 16V2 years old to do their National Service earlier is an appropriate arrangement for school-leavers. Over the past years, those who had to leave school but had not reached 18 found themselves in an extremely awkward situation. While waiting for enlistment, they
      71 words
  • REGIONAL VIEWPOINTS
    • Article
      An election issue?
      176 12 IT is. indeed disturbing that the spontaneous outcry against the undemocratic aspects of the draft Constitution is being viewed in a negative light by certain vested interest groups who have reportedly abused their authority by manipulating counterdemonstrations in several provinces in support of the controversial draft Constitution.
      176 words
    • Article
      Pearl Harbour revisited
      155 12 THE saddest concern about this Pearl Harbour anniversary is that it has not dispelled the climate of suspicion enveloping relations between Japan and the US when an anniversary of such a historical episode could have seen the two nations embracing meaningful mutual concessions, particularly on the issue
      155 words
    • Article
      Security and prosperity
      163 12 OF all the terrible dangers faced today by the world's political order, nothing is so insidious as nationalism, which is now spreading from the borders of the newly-united Germany to the Soviet Pacific region. This area of the world is lucky: With the exception of Burma. South-east
      163 words
  • Article, Illustration
    Of greenbacks and the greens
    1464 12  -  Japan's gigantic resort industry does not address the real needs of the population and could be fundamentally shaky, says Nirmal Ghosh Nirmal Ghosh THERE have been some recent signs of underlying instability in Japan's mammoth leisure industry, which is spearheaded by resorts and golf courses.
    1,464 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      113 12 IF 111 s^B^l ScalpeLscissors_sutiires_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well Informed to maximise returns on Essential information accessible every business day your money. through Business Times. to^^^asur^ The thinking businessman plans his moves
      113 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      36 12 DOONESBURY BY GARRY TRUDEAU We-'RB ALMOST HOME- TT IS? ARE au*i \ni I 1 a N 7J£! <B m I THAVS THS TOLC BOOTH YOU SORB? CUSTOMS H^MYTHiNG ANYMORE! XMN, FORTHS HOLLANP IT LOOKS ...CUSTOMS HAMANYTWG
      36 words
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  • ANALYSIS
    • Article
      Lock icon Edging closer towards reality
      1003 13  -  It looks like action is finally going to follow words as the European Community prepares itself for a unified European monetary system. Steven Greenhouse reports from Paris Steven Greenhouse NYT AFTER years of talk. European Community governments seem set to relinquish control over their monetary policies
      NYT  -  1,003 words
    • Article, Illustration
      From rags to raiment
      1589 13  -  He was poor but he became rich. He was a small town boy but he is now a textile tycoon. Teh Hooi Ling, in Jakarta, finds out what it took for Soegiarto Hanafi to build his garment empire Teh Hooi Ling AS A young man. the
      1,589 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      43 13 I iwve/i/e// fa/ie I I TnemUMe ant//a/Sr Un/p en/&te*/ I I /tfe dwrienAi&n I I (9fieong 'bailors I I (Established 1933) I I Lower Lobby, Shangri-La Hotel, Tel: *****92 I I #03-09, Westin Plaza, Raffles City. Tel: *****19 1 b«] Fax: 65-*****44 SjjS
      43 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      205 14 First in Honda First on the road Saving lives Saving seconds The Honda SRS Airbag reacts in the blink of an eye to give you the best self defence (99 99% NASA reliability rating) Active and passive safety systems surround the Honda Legend Solid reinforced cabin. Forked Floor design. Digital
      205 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      Lock icon New fuel cells promise cheaper, cleaner power
      547 15  -  Wilson da Silva reports on a promising breakthrough in energy production in Australia Wilson da Silva Reuter AT a laboratory in suburban Melbourne, Australian scientists have built tiny models of ceramic fuel cells which convert natural gas directly into electricity without using steam
      Reuter  -  547 words
    • Article
      TECH TAKES
      476 15 UK-BASED computer disc-drive maker Rodime pic said last week that it had entered into a patent licensing agreement with Hewlett-Packard Co of the US. Rodime said it would receive a lump sum, to remain confidential, in exchange for granting Hewlett a licence to use its patents on 3.5-inch
      476 words
    • Article
      Lock icon Digital threat emerging for HDTV plans
      573 15  -  Catherine Arnst examines the state of the art in television systems Catherine Arnst Reuter AS Europe wrangles over how to handle high-definition television (HDTV) hailed as the next-generation television new digital technology championed by the US is already threatening to usurp it. At stake,
      Reuter  -  573 words
    • Article, Illustration
      Cross-fertilisation of funds and biotech know-how
      656 16  -  Claire Leow takes a look at why Indonesia's Salim group has chosen to invest in local biotech firm Plantek Claire Leow IT WAS a perfect match funds from Indonesia's Salim group and biotechnology know-how from Plantek of Singapore. Salim decided that Plantek, a specialist
      656 words
    • Article
      Lock icon Blue chrysanthemums and carnations about to bloom
      356 16 AFP Scientists working in Sydney to produce the world's first blue rose are now confident they are also on track to develop the first-ever blue carnation and chrysanthemum within one year or two at the most. By using the same genetic engineering technique
      AFP  -  356 words
    • Article
      Lock icon Giving painkillers before surgery may reduce pain: researchers
      406 16 AP WHY does major surgery hurt so much? Scientists have uncovered a surprising twist to the answer, one that may significantly reduce the pain patients feel after an operation. Early experiments suggest that a simple step giving a numbing anaesthetic or painkiller
      AP  -  406 words
    • Article
      Braun's faith in biotech industry paying off
      260 16 FOR ONE instrument manufacturer, the boom in the biotechnology industry is timely. B Braun Singapore set up a biotechnology division here a few years ago in anticipation of a surge in interest from rese&tch bodies and laboratories, said a sales manager. The German
      260 words
    • Article, Illustration
      Lock icon System bringing outdoors indoors for disabled
      620 16 Two companies have jointly developed a computerised system that will allow the handicapped to experience the thrill of amusement park rides, and visit zoos NYT WHILE many physically disabled people cannot take a walk through the park or visit a zoo, they will soon
      NYT  -  620 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      15 15 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words
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      Page 15 Advertisements Column 2
      202 15 Computers and Communications CONNECT YOURSELF TO THE BEST BRAIN IN THE BUSINESS liilJIJl 1 fSBr. .1^ jJJj mM'j The New NEC Astra 500 Series. We challenge all Total Solution providers ~-l y J MftC AaM 570 B II r I 2 1 9 I« i —l i I 9 JPmt®
      202 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      180 16 I FOR RESIDENTIAL PROPERTY IN ENGLAND, AUSTRALIA AND CANADA, VISIT UOB FIRST I At our head office in Bonham Street youH find UOB's International Division everything from Singapore with Singapore's leading banking group. Trust I and our new housing package for Singaporeans investing in foreign real UOB to offer you
      180 words
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  • FOCUS
    • Article, Illustration
      Lock icon The old has passed away, the new is yet to be
      916 17 The Soviet Union has ceased to exist, but the absence of some major players at the signing of its death warrant makes the future unclear NYT Ever since the August coup d'etat, the Soviet Union has been dying a
      NYT  -  916 words
    • Article
      Lock icon Discontented army
      522 17 AFP Fourteen weeks after the failed Kremlin coup, signs of deep-seated discontent throughout the ranks of the Soviet armed forces are again on the rise amid a fresh wave of warnings from political leaders that another putsch is possible. The decision to sack General Vladimir Lobov as Chief
      AFP  -  522 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      93 17 t *>■; 1\ f '<*>'? > *3Mk$M fafi t> Y\ s w"-CU* !/WZ '»°°>- i» I /yBSBi^^H I* Model Nbr. *****. Chronometer, automatic §Lm rn < rt!n« t 'wl«fi. r-.... Di,»., cinnnnp 092* Tel 23S 00H4 CortfcttWaich Centre Pie Lid 252 North Bridge Road. "01-36 Raffle* City Shopping Centre. Singapore
      93 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      585 18 Nothing Beats A Bud. 813 OF I GENUINE PENANG FARE I LET OUR PENANG CHEF INTRODUCE HER NEW I RECIPES AT THE NEWLY RENOVATED PRINCESS II TERRACE CAFE THE PLACE FOR AUTHENTIC 11 PENANG SPECIALITIES. A RENDEZVOUS FOR FINE I MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH II GOOD
      585 words
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      Page 18 Advertisements Column 2
      259 18 WHERE TO WINE, DINE |^—i] Cale IMMONAL BUFFET 1-31 DEC At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Adult: $16++ (Lunch) $18++ (Dinner)* Child: $10++ (Lunch Dinner) M Plaza Hotel .Menu
      259 words
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      Page 18 Advertisements Column 3
      293 18 PERFORMED DAILY AT THE PINE COURT Amidst Imperial splendour, our chefs j /JH stage their highly-acclaimed performance >'* I legendary Bel)lng cuisine to the satis I faction of demanding dlners.To guarantee j your place amongst the discerning, make j I \l I your reservations early. QWT I Lunch 1 2pm
      293 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      643 18 TELEVISION AND RADIO T ~SBCI^6.W psisV*ro n) IS vws2. B Pk lviostiy iviozan jss^c-l 8.30 CtoM. 7.25 Programme Highßghts. 7.09 CNN (Cont'd). ReTOT' —FTfI.WJIM m 6.55 PM Opening and Programme 7.30 News (M). 7.30 (Umbo. World Business Keport «JB HfcWfctt* ?.50 Hmwtcfc. 8.00 Nm. RADfO 5, 92.4 mHz in VHF
      643 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Woman of wind and rain
      894 19  -  Nirmal Ghosh speaks with Enya and finds dreams tempered with a firm resolve Nirmal Ghosh ENYA: sound, feeling, imagery, romance, perhaps the hiss of sea on rock on some wild Irish coast, or stormwind bending yellow grass on a high African plain. Enya: at 28,
      Photo by Chris Loh  -  894 words
    • Article
      Lock icon Tender for love
      396 19  -  Yereth Rosen on the Alaskan version of the SDU the annual Talkeetna bachelors auction Yereth Rosen Reuter HERE IN Talkeetna. Alaska, in the shadow of Mount McKinley, the days are short, the nights arc cold and the bachelors are lonely. So for the 11th year, members of
      Reuter  -  396 words
    • Article, Illustration
      Land of porcelain smiles
      302 19 Chopsticks and insufficient chewing are taking their toll on Japanese teeth. And that means a big bite of business for false teeth makers THE JAPANESE tend to have bad teeth. Absurd generalisation? Not according to Tasuku Sato, a lecturer in periodontology and also a practising dentist.
      302 words
    • Article, Illustration
      Top entertainers make it to the bottom
      578 19 CHATTERBOX WHITNEY HOUSTON, Huey Lewis, Diana Ross and Stevie Winwood are listed among the "Bottom 10" musicians by promoters who say those stars helped them lose more than US$4 million (556.6 million) last summer. Finger-pointing by the North American Concert Promoters Association illustrates
      578 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      124 19 AND ENTERTAIN lab< —i for I I call <|wFH) I ItSßKm* I I Catch the dynamic energy of Ms Rima Rasif 1 and the Kabooms. Dynamite. Explosive. I Superfun. I Jjj Every Monday to Saturday I; he j Happy Hours: 6t09 pm ANA HOTEL I (one for one special) SINGAPORE
      124 words
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      Page 19 Advertisements Column 2
      108 19 7 TRADmONAL Cantonese Cuisine ara^H H O BEST HONG KONG DIAN XIN IN TOWN H. China China Restaurant 1 Marina Bay Golf Country Club A 2 6 Marina Green Singapore oioi. For Reservations Please Call *****11. Bift«qua<t Peking Duck 5/12/91 m ComphmfXTY B«rtftd«y C «fc> tof Birthd»yC«4<bfMiOf^J f| Rainbow Lobster
      108 words
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  • SPORTS
    • SIDE LINES
      • Article
        Big blow for World Cup champion skier
        127 20 SILVER STAR, Canada Defending World Cup champion Vladimir Smirnov of the Soviet Union finished a disappointing 35th in a field of 100 skiers at last Sunday's Silver Star 15-km free technique event. Thanks to a second placing a day earlier in the classic-technique
        127 words
      • Article
        Aussie rugby tour of S Africa
        88 20 SYDNEY An Australian rugby tour of South Africa has been tentatively scheduled for next October, a spokesman for the Australian Rugby Football Union (ARFU) said yesterday. Saturday's announcement of the merging of black and white rugby bodies in South Africa gave the proposed tour
        88 words
      • Article
        Unknown upsets top runner
        39 20 LES MUREAUX, France Four-time world cross-country champion John Ngugi was beaten by unknown Frenchman Thierry Pantel in the Les Mureaux international cross country race near Paris on Sunday. Portugal's Albertina Dias won the women's race.
        39 words
      • Article
        Matthaeus voted world's best
        71 20 NEW YORK Germany's captain, Lothar Matthaeus, was voted World Plaver of the Year on Sunday in the first official poll sanctioned by Fifa. The Inter Milan midfielder received 128 points in the poll of 63 national soccer trainers from all over the world. French striker Jean-Pierre
        71 words
      • Article
        Colbert wins by two strokes
        62 20 KAANAPALI, Hawaii Jim Colbert finished off a finalround 68 last Sunday with a birdie on the 18th hole for a two-stroke victory over Dale Douglass in the US$6OO,OOO (*****,000) Kaanapali Classic senior golf tournament. Colbert held a one-stroke lead over Douglass after both birdied the
        62 words
      • Article
        New twist to Seattle saga
        111 20 SEATTLE Speculation on who might qualify as a "local" buyer for the Seattle Mariners baseball team has expanded to include Oregon, Canadian and Japanese interests, and even the Major League Players Association. Mariners owner Jeflf Smulvan said last Friday that he would sell the team
        111 words
    • Article
      Lock icon Prize money likely to set off avalanche of change in Alpine skiing
      598 20 Reuter VAL D'ISERE, France Formula One downhill ski racing? The day might not be far off. Money, which has transformed other sports, now looks likely to set off an avalanche of change in Alpine skiing where the Europeandominated
      Reuter  -  598 words
    • Article, Illustration
      Lock icon Langer triumphs in million-dollar style
      593 20 AP SUN CITY, South Africa It was the best of times for Bernhard Langer, but the worst for lan Woosnam and David Frost. The German completed a record-breaking performance last Sunday to win the Mil-lion-Dollar Golf Challenge at 16-under-par, Five strokes ahead of American Mark
      AP  -  593 words
    • Article
      Lock icon Schneider sets pace on slopes
      363 20 AP SANTA CATERINA Valfurva, Italy Switzerland's Vreni Schneider is off to a commanding start this season for the overall women's World Cup title and defending champion Petra Kronberger is not pleased. Schneider, 27, has won two races in nine days and added a second place
      AP  -  363 words
    • Article
      Lock icon Becker's pullout gives Krickstein EC title
      292 20 Reuter ANTWERP Boris Becker, struck down by a fever, had to pull out of the final of the European Community tennis championship last Sunday. The German was due to play American Aaron Krickstein, but failed to show up. The day before, Becker, complaining of
      Reuter  -  292 words
    • Article
      Lock icon Andrade and Tschetter clinch victory in play-off
      346 20 AP TARPON SPRINGS, Florida Billy Andrade and Kris Tschetter parred the second play-off hole last Sunday to win the J C Penney Classic. Andrade and Tschetter two-putted from 1.7 m to beat Ed Humenik and Elaine Crosby for the title. Crosby missed a
      AP  -  346 words
    • Article, Illustration
      Lock icon Cup draw full of intrigue and uncertainty
      543 20 UPI NEW YORK No matter what the results of the matches might be, European Group 3 is sure to draw a lot of attention during the World Cup qualifying round. Two of the recently independent Baltic nations, Lithuania and Latvia, are in the
      UPI  -  543 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Property stocks hold up well in lacklustre market
      4143 21  -  By S N Vasuki STOCK MARKETS thrive on volatility. When markets rise spectacularly and by the same token fall like nine-pins, shrewd investors and their stockbrokers make money. But it is difficult to think of profits at a time when the Singapore
      4,143 words
    • Article, Illustration
      Lock icon HOT STOCK
      77 21  -  By Chew Eng Han Comment UIC may be worth a second look at current levels. The stock is nearing the year's low of 90.5 cents and five-day stochastics are almost zero. Expect a rebound back to at least the $1.00 level soon. Initial resistance levels are around $1.02
      SOURCE: PONT DATA  -  77 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2904 22 C Properties 690 +15 +2.2% DBS Foreign 1180 +10 +0.9% City Dev 50* 364 +7 +2.0% GPBSSI.60 368 +4 +1.1% Semb Maritime 388 +6 +1.6% OUE 765 +5 +0.7% SPH 880 +5 +0.6% Semb Shipyard 790 5 0.6% Steamers 20* 139 +5 +3.7% UOB 615
    2,904 words
  • Page 22 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2865 23 378 1 6 +4.4% MISC Foreign 460 +12 +2.7% Leader U 378 +10 +2.7% 148 +5 +3.5% Gentingj 50* 655 +5 f0.8% MTC 78« 268 +5 +1.9% Magnum Corpn 535 +5 +0.9% M Banking 386 +4 ,+1.0% Tan Chong 50« 156 +2 +1.3% Sel Properties
    2,865 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      64 23 A MONTHLY MAGAZINE OF BUSINESS TRENDS The Singapore economy: a replay of'Bs? Jakarta landlord w FL WER s Blossoming of South-east Asia's Training and the "third wave" stock markets Getting to know golf for I Roval Sportinq House keeps running Investment spotlight on SAL Industrial ahead Leasing and Parkway Holdings
      64 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      270 24 Company Date Year Croup Net Nat Minings Grow ana to profit/lots (L) par «fc*a dWMaad (•000) (canto) Pan Pacihc Dec 6 Jun 91 $795($1.492) 24(4.5) 4(3.5) UM Dec 3 Jun 91 $2.005($1.418) 3 6(2.5) 3(2) Amal SteeJ Nov 29 Jun 91 M$78.084($45.877) 19(11 2) 20(8 3TE) Metal Ctainers
      270 words
    • Article
      PRELIMINARY RESULTS
      208 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Goodwood Park Dec 5 Sep 91 $32,600(132.799) 49 2(47 1) 80(65) HMsia Dec 5 Sep 91 11 348(13.360 2 6(11 4) 15(20) Hleong Credit Nov 28 lun 91 WJ57.561 ($35,181) 18(12
      208 words
    • Article
      INTERIM RESULTS
      310 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) The Hour Glass Dec 4 Sep 91 $3.553($4 928) Ha, Sun Hup Dec 3 Sep 91 $13 705(511.402) Metro Hldgs Nov 29 Sep 91 $4.410($8 5 38) Transmarco Nov 29 Sep 91 $3.716($6.632) Golden Hope Nov
      310 words
    • Article
      CORPORATE DEVELOPMENTS
      337 24 Dec 7 Lion Group has embarked on another development project. Mahkota Malacca, in Bandar Hilir, Malacca, which involves a total investment of over MJ5OOm. Mega First Corp Bhd is becoming a diversified resources based group with control of four listed companies involved in mining, limestone and palm oil
      337 words
    • Article
      COMPANY MEETINGS
      109 24 Part May Bhd: 18th AGM at the Function Room 2, Bukit Kiara International Equestrian and Country Resort, Jalan Bukit Kiara. ***** Kuala Lumpur. on Wednesday, Dec 11, at 11am. Burwl HokSngs Ltd: AGM at Four Seasons Suite, 2/F New World Hotel, 22 Salisbury Road. Tsimshatsui. Kowloon. Hongkong, on
      109 words
    • Article
      DIVIDENDS ANNOUNCED
      858 24 Current Ex Books Date Total for Total for payment date dose payable the year last year AIS8 50c 121(b) Dec 30 Jan 14 Jan 21 121 10% Amal Stee* 50c 10% Dec 9 Dec 23 Jan 20 20". 20". Unite* Enf 20c 6%TE Dec 5 Dec 11 Oec
      858 words
    • Article
      APPROVED ISSUES
      176 24 Company Rights Issue City Dev Renounceable rights issue on the basis of one-tor ten <a 12 85 per share Ex-date Dec 9 Books dose Dec 19 Acceptance Payment NYA H Negwa One-tor-one fe 12 75 per share Ex-date Nov 12 Books dose Nov 22 Acceptance Payment Jan 2
      176 words
    • Article
      PROPOSED ISSUES
      501 24 Company Rights Issue tea Pic Land Four tof seven (a. MtO 50 per share Tedi One-to-one $100 per share IdEn issue of $90.978m nommel amount of 3.5% fede«nable Unsecured Guaranteed Borah 1991/96 «nth 45 489m detachable warrants on the bus of S2 nominal amount of Bonds tor every
      501 words
    • Article
      SCRIPLESS CONVERSION
      106 24 Conversion Special Trdg Scripicss Conversion deadline Period I rading Comptn) starts (IDP) (ST) starts City De» Dec 26 Jan 16 Jan 6 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
      106 words
  • CHARTING SERVICE
    • Article, Illustration
      Lock icon Trading with the help of indicators
      422 24 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      Charts by PONT  -  422 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends lower on lack of incentives
      4758 25 Bernama SHARE prices ended easier in thin trading yesterday as continuing nervousness and the absence of major players dulled trading while easier overseas markets added to the bleak scenario. The KLSE Composite Index added 1.09 points to 531.42 while the Industrial Index gained
      Bernama  -  4,758 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares up on optimism over political scene and rates
      2355 26 Agencies CONTINUED optimism over political stability and interest rate cuts propelled prices on the Stock Exchange of Thailand sharply higher yesterday. The Thai stock exchange index closed at 701.51, up 14.12 points or 2 per cent from Friday's close. "The good
      Agencies; SOURCE: PONT DATA  -  2,355 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks rise on strong buying interest
      1065 26 Reuter JAKARTA share prices closed higher across the board, pushing the index 2.62 points up to 245.61 yesterday. Brokers said locals and foreigners were active on the market, with strong buying interest in most sectors. Sampoerna rose 150 rupiah to 2,450. with 931,500 shares
      Reuter  -  1,065 words
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  • TOKYO STOCK EXCHANOE
    • Article, Illustration
      Lock icon Shares sag in year's thinnest volume
      2143 27 Reuter TOKYO stocks yesterday succumbed to Monday blues and closed lower in the thinnest volume this year. Arbitrage selling eroded prices, while concern over events in the Soviet Union combined with worries ahead of futures settlement to push investors to the sidelines, brokers said.
      Reuter  -  2,143 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish higher in dull trading
      2499 27 Agencies SHARE PRICES ended higher in dull, featureless trade yesterday. "No one is prepared to jump into the market at this level, but there are also few sellers." said James Osborn. an assistant director at Baring Securities. Brokers said trading interest centred on blue
      Agencies  -  2,499 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks close lower in sluggish trade
      • Article
        AUSTRALIA
        981 28 THE AUSTRALIAN share market drifted over a 10-point range yesterday, ending trade slightly lower in dull business. Concerns over the sacking of Treasurer John Kerin last week saw offshore investors take profits in morning trade, forcing the leading index to slump sharply. But brokers said domestic bargainhunters then entered
        981 words
      • Article
        MANILA
        564 28 SHARES rose yesterday as a stronger telecommunications giant Philippine Long Distance Telephone Co drew investors into the market, brokers said. Shares of PLDT climbed 22.50 pesos to end at 810 pesos a share against Friday's close of 787.50. "That caused more confidence in the market because investors saw PLDT
        564 words
      • Article
        TAIPEI
        548 28 LATE PROFIT-TAKING yesterday pulled shares down to end lower in the heaviest trade since August, but brokers saw strong support at 4,400 points. The Weighted Index, which at one stage was up more than 80 points, ended 28.08 lower at 4,473.82. Turnover rose to NT537.7 billion from NT524.68 billion
        548 words
      • Article
        NEW ZEALAND
        226 28 SOME residual selling from Friday carried over into yesterday in a typically quiet start to the week, taking New Zealand share prices down 1.13 per cent at the close. The NZSE-40 Capital Index was down 16.36 points at 1,428.68 on turnover worth about NZ$l3 million. "Carry-over selling from
        226 words
      • Article
        SEOUL
        744 28 SHARE PRICES slid down in thin trading on the Korea stock exchange yesterday. The composite index of the exchange shed 4.18 points to finish at 615.70. Declines overwhelmed advances 595 to 130 among the 850 issues traded. Volume stood at 12,580,000 shares posting a turnover of 162.1 billion won.
        744 words
      • Article
        INDICES & TURNOVER
        74 28 INDICES TURNOVER Close Dec 9 Prniotj AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1579.9 2489.8 887.2 92.4 1584.9 2495.1 891.9 93.3 -5 -5.3 -4.7 -0.9 NEW ZEALAND NZSE-40 Capital 1,428.68 1,445.04 16.36 MANILA Composite Index Turnover (million) 1,111.42 1,100 1,102.45 1,020 8.97 80 TAIPEI Weighted
        74 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        364 28 In local carreacy la S$ la US$ day year day year day year Dec 6 Index change change change change change change Worid 388.8 -0.3 8.6 -0.4 3.0 0.1 8.5 JEAFE 491.6 -0.7 4.6 -0.3 -0.3 0.2 5.0 Europe 399.0 -0.8 9.5 0.1 -1.9 0.6
        364 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback manages to hold steady in Asian trading
      1209 29 REPORTS ASIA Tokyo: The US dollar was higher against the mark on short-covering and moved narrowly against the yen in late Asian trading yesterday. Hongkong dealers said dollar sentiment was basically bearish but there was short-term demand on fears of the likely
      1,209 words
    • Article
      INTERBANK FOREX RATES
      403 29 Cross rates Pec9 I uss I a MS Dm Yen SFr AS NZS L'SS I I 6500 2.7395 1.5725 128 10 0.5528 1.3890 ***** 1.7937 S S ***** —I 1.6603 0 9530 77.6364 0.3350 0 8418 0.7800 1.0871 MS 0 3650 0.60 0.5740 46 7604 0.2018 0.5070
      403 words
    • Article
      MONEY MARKET
      526 29 Interbank rates S$ Bid Offer Overnight 2 1/4 2 1/2 1-month 2 15/16 3 1/16 2-month 2 15/16 3 1/16 3-month 3 3 1/8 Overnight mode: 2-7/8 LS$ Bid Offer 7 days 4 9/16 4 11/16 1 month 4 15/16 5 1/16 2 months 4 5/8 4 3/4
      526 words
    • Article
      Lock icon Tokyo traders see yen bonds climbing higher
      480 29 Reuter TOKYO Japanese yen bonds have risen to their highest levels in almost two years and are likely to continue climbing on prospects of another credit easing and rekindled investor buying, traders say. Akiyoshi Takumori, capital market economist at Mitsui Taiyo Kobe Bank,
      Reuter  -  480 words
    • Article
      Lock icon Russia, Ukraine, Byelorussia to keep rouble
      246 29 Reuter MOSCOW The leaders of Russia, Ukraine and Byelorussia. announcing their new commonwealth on Sunday, pledged to work together to introduce a full-blooded free market and retain the rouble for their economic relations. A statement on coordinating economic policy, issued by Tass news agency,
      Reuter  -  246 words
    • Article
      FINANCIAL FUTURES
      1172 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vo1 Dec 91 95 29 95.38 95.29 95.35 5300 ***** 5537 Mar 92 95.49 95.55 95.49 95.53 9500 ***** 9516 j Jun 92 95.36 95.41 95.36 95.39 5200 ***** 5259 p Sep 92 95 14 95.21 95.14 95.19 3200
      1,172 words
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  • COMMODITIES
  • Article
    PRICES
    1369 30 Rubber Dec 9 RAS (fob in bales) S cent v kg Noon Gose Int 1 RSS Prompt 131 75/132 75N I3I.75/I32.75N Int 1 RSS Jan 92 133 00-133 50 133 00/133 50 Int 1 RSS Feb 133.50/134.00 133 50/134 00 Int 2 RSS OP 131.00/133 OON 131 00/133 OON
    1,369 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      763 30 Toll fr— Tt No 737 0Q43 Fax No; 734 3606 CORRIGENDUM Re: Liquor Licence Notice in The Business Times on 4 November 1991, Johnnie Young. The restaurant's name should read "Oriental Thai Inn Restaurant and Music Lounge". IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER
      763 words
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      Page 30 Advertisements Column 2
      9 30 Managers Must Manage BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1117 31 at* night ETA Flight ETD 1 i GA893 1225 GA892 0110 MoUMo SQ228 1910 QF82 Knai to— RJ183 0030 RJ183 0100 Amsterdam GA893 1225 GA892 0110 KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 Anckiaad NZ35 1530 SQ388 2045 NZ36 2305 Bandar Sari BI421 1105 SQ182
      1,117 words
    • Article, Illustration
      The soulless dusk of an era
      584 31  -  LETTER FROM BUCHAREST By John Tagliabue The pompous apartments and sweeping boulevards were meant to mark the dawn of an era, eternal monuments defining the soul of Romania under Nicolae Ceausescu. But now the future of the monstrous buildings is being debated as Romania
      584 words
    • Article
      MONEY CHANGER RATES
      149 31 As at 3pm yesterday: dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2714 1.2886 Canadian dollar 1.4360 1.4653 N'Z dollar 0.9080 0.9450 Sterling pound 2.9719 3.0121 US dollar 1 6470 1.6520 Local dollars to 100 units of foreign curreno Austrian schilling 14.74 15.05
      149 words
    • Article
      WORLD TRADE EXHIBITIONS
      81 31 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel 1992 Fair of Home Spain rio IntcrnacioJan 12-19 Do-it-yourself Utrecht. Koninklijke *****55.911 Textiles nal De Valencia 1992 Trade Show. Netherlands Nedertandse Decoration Jaarneurs Jan 15-19 Tourism Utrccht. Koninklijke *****55.911 Jan 14-17 Aerospace NEC. Centre 021-*****18 |992 Recreation
      81 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      46 31 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Khd« Europe from *«rt to Furnish. I
      46 words
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      Page 31 Advertisements Column 2
      23 31 I In these I obese I a I 50kg I stands I Body Secrets I teaches scrawny XH^I From luncMime. Monday to Saturday
      23 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      301 31 Sacked a politician as a AM |fl danger to miners WE—BK— 5 Fiasco is the reason for S I some crowing going on 9 Failed completely on court and in courting (4.4) I I I 10 A lacer of corsets who lasts course (6) pHI—JBB—JML-JBB— 11 Subterranean passage in the
      301 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      162 31 Singapore Outlook: Cloudy with occasional light to moderate rain. Report: Maximum temperature 27.1 Assoc humidity 83% Minimum temperature 22.4 Assoc humidity 99% Hours of sunshine 0.00 Rainfall in mm 18.5 Rainfall this month 184.3 Rainy days this month 7 World forecast Asia-Pacific Hi/Lo* Cotid. Auckland 21/13 Cloudy Bangkok 31/21 Cloudy
      162 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      33 31 (Q>O\NG 'PO.ONE J ?»CX OP rm SfcUUWG TvCKCTS PiD* T»c\ 1 christmpcs DINNER \f \jyeße--j v r x HOU) mRNY J Tjjfr \v UOULP (or cqursc 1 ASSOCIATED NEWSPAPERS LTD. IMMWI 8577 j
      33 words
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  • Article, Illustration
    Lock icon Israel to make self-rule proposal at Mideast talks
    478 32 Reuter WASHINGTON Israeli Middle East peace negotiators have arrived in Washington declaring themselves ready to make progress and offering a detailed proposal to grant Palestinians selfrule in the occupied territories. Arabs and Israelis both seemed keen to put aside four weeks of
    Reuter  -  478 words
  • Article
    Lock icon Iraq look poised to resume oil exports
    238 32 Reuter NICOSIA Iraq, still unable to export oil because of a world trade ban imposed over its invasion of Kuwait last year, is repairing a war-damaged terminal in the northern Gulf, an oil industry newsletter reports. Iraq's Oil Minister Usama al-Hiti said in
    Reuter  -  238 words
  • Article
    Lock icon Regulators plan to step quicker into ailing US banks and S&Ls
    342 32 UPI WASHINGTON US government regulators are ready to begin the biggest round of bank and savings and loan seizures in history, rescuing nearly 600 institutions that could fail next year, The Washington Post reported on Sunday. Officials are devising
    UPI  -  342 words
  • Article
    Lock icon Indon army chief vows action against E Timor separatists
    345 32 Reuter DILI, East Timor Indonesia's top general said last month's violence in East Timor when troops opened fire on mourners was deliberately provoked and vowed to wipe out those trying to break from Jakarta rule. A government mission investigating the Nov
    Reuter  -  345 words
  • Article
    Lock icon Gudang Garam workers brought back to work
    191 32 Reuter JAKARTA Indonesia's largest cigarette producer, P T Gudang Garam, brought 32,000 workers back to work yesterday after a four-day layoff while the company waited for government duty stickers to arrive. A company official said lost production was 100 million cigarettes worth about
    Reuter  -  191 words
  • Article, Illustration
    Time to tie up the US fiscal arm
    856 32  -  The Bottom Line ALAN BLINDER ALAN BLINDER The writer is the Gordon S Rentschler Memorial Professor of Economics at Princeton University. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. SHOULD taxes be cut to revive
    856 words
  • Article, Illustration
    Lock icon New Australian Treasurer's remarks send A$ sliding
    322 32 Reuter CANBERRA Australia's new Treasurer, Ralph Willis, sent the Australian dollar into a downspin in his first few hours on the job yesterday but gave no hint of any change in policy from his sacked predecessor, John Kerin. "I would certainly stress that
    Reuter  -  322 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      57 32 JIL. Baume Mercier GENEVE 1830 M HUBLOT Hublot a Sensational Feeling on Your Wrist. AN lv«;i HUn -n is A P- < N A S'KAP MU fIH 'Mr S V\! .F*t RtJBRFff Hi G < R- T OWRY HU' TMf P»iOF »v I F»H G*\ No I. N- 'O TH-
      57 words
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      Page 32 Advertisements Column 2
      17 32 Baume Mercier GENEVE 1830 Aussie dollar may fall further against US unit, pg 9 Kditorial, Pg 12
      17 words
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  • Shipping Times
    • Article
      Ukrainian liner plans US$90m expansion
      425 33  -  Firm in talks with Sembawang Shipyard as possible partner By Rahita Elias SINGAPORE Following the major political changes in the Ukraine. Black Sea Shipping Company (Blasco) has plans to expand its fleet and embark on two passenger service projects totalling US$9O million (S$ 148.9 million).
      425 words
    • Article
      Lock icon Consortium to build Karachi terminal
      157 33 AFP KARACHI Pakistani-led consortium Premier Mercantile Services (PMS) has been invited to finalise details of an agreement for the development of an integrated container terminal here, officials said on Sunday. The USSSO million (5582.75 million) project with 40 per cent foreign equity envisages development of
      AFP  -  157 words
    • Article
      Lock icon China to launch 3 foreign satellites next year
      480 33 AP BEIJING Chinese Long March rockets will launch two Australian satellites and one Swedish satellite next year, an official newspaper reported on Sunday. China is trying to become more active in international satellite launches, causing bitterness among Western rivals who say they
      AP  -  480 words
    • Article
      INDEX TO ADVERTISERS
      891 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 APCLine 13 5 Arrow Inter 9 4 ASCL 5 1 •ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank Line 9
      891 words
    • Article
      Lock icon Sri Lanka to release ship but without its cargo
      242 33 AFP AVARUA, Sri Lanka Sri Lankan authorities have agreed to release a Cook Islands ship impounded earlier this year but without its cargo of Taiwan-destined rocket launchers, a lawyer said. The Marthalina was en route to the Cooks when Sri Lankan
      AFP  -  242 words
    • Article, Illustration
      OOCL banks on Hongkong keeping its vibrance
      406 33  -  By Dexter Lee SINGAPORE Orient Overseas Container Line Ltd (OOCL) is putting its bet pn Hongkong maintaining its commercial and financial vibrance even after China s takeover of the island in 1997. OOCL director Wilson Hung told BT that the company will continue
      406 words
    • Article
      Lock icon Garuda stops flying to 3 Aussie cities
      206 33 Reuter JAKARTA Indonesia's state airline Garuda has suspended flights to the Australian cities of Perth, Darwin and Brisbane because of a boycott by trade unions there over the army shooting of mourners in East Timor last month. "Flights to Australia are normal except
      Reuter  -  206 words
    • NEWS SUMMARY
      • Article
        Slow driving in the fast lane
        24 33 JAPANESE car makers are under pressure by the demands of environmentalists to make cleaner, greener machines Page 2
        24 words
      • Article
        British Telecom seen as attractive
        44 33 UP TO £6 billion of British Telecommunication (BT) pic shares owned by the government hit the market yesterday in one of the biggest share offers in history but is it one of the best deals for buyers?. Page 18
        44 words
      • Article
        New device to curb oil spills
        27 33 SINGLE-HULL oil tankers are going to be plying American waters for another two decades. Can they be made safer? Page 19
        27 words
      • Article
        Asian carriers top earners
        31 33 ASIAN carriers, led by Singapore Airlines, emerged among the top earners last year a period when the industry suffered its worst-ever losses totalling USS2.7 million Back Page
        31 words
      • Article
        TNT files for 75pc public offer of truck unit
        44 33 TNT LTD said its TNT Freightways Corp unit has filed a registration with the United States Securities and Exchange Commission (SEC) for an initial public offering of about 75 per cent of Freightways. Back Page
        44 words
    • LOG BOOK
      • Article
        Korean Air Lines orders nine Fokker planes
        98 34 AMSTERDAM Korean Air Lines, South Korea's biggest airline company, has placed a firm order for nine Fokker 100 passenger planes and taken options on three others, the Dutch company said here on Friday. The statement, which did not give the value of the
        98 words
      • Article
        1.9pc rise in air traffic in Oct
        87 34 BRUSSELS European airlines had their best month of the year in October, the Association of European Airlines (AEA) said on Friday. International traffic was up 1.9 per cent in October 1990 even if business within Europe dropped by 1.1 per cent for the
        87 words
      • Article
        Repairs to Greek bulker in Azores
        81 34 LONDON A salvage team on the leaking Greek bulk carrier Entrust Faith plans to reduce the vessel's draft and bring it into Ponta Delgada harbour for temporary repairs, Llovd's Shipping Intelligence service said. The 63,533 dwt vessel arrived off Ponta Delgada. the Azores, on
        81 words
      • Article
        Malev expects S$25m profits
        67 34 BUDAPEST Malev Hungarian Airlines expects profits of some 1.2 billion forints (5524.8 million) at the end of the 1991 business year despite the negative impact of the Gulf war and the Yugoslav civil war, company officials said on Friday. Last year, state-owned Malev's profits were 1.4
        67 words
      • Article
        Arianespace wins Thai contract
        61 34 PARIS The European consortium Arianespace said it has signed an agreement with Shinawatra Computer and Communications. a Thai company, to launch Thailand s first telecommunications satellite. The value of the contract was not given. Thailandsat 1. made by Hughes Aircraft Co. will be put in orbit
        61 words
      • Article
        Bombardier to buy UTDC
        47 34 MONTREAL Bombardier Inc said it reached an agreement in principle with the government of Ontario to buy the transit equipment related assets of LTDC Inc. The agreement will be signed today and the final contract should be signed bv Jan 31, Bombardier said.
        47 words
      • Article
        Ferry blocked at Dunkirk
        33 34 DUNKIRK. France A passenger-freight ferry belonging to Britain's Sallv Line was blocked on Sunday at the entrance to Dunkirk port, in north-western France, by striking dockers, company sources said.
        33 words
    • Article, Illustration
      Lock icon Slow driving in the fast lane
      1254 34  -  Japanese car makers are under pressure by the demands of environmentalists to make cleaner, greener machines, writes Steven Butler Steven Butler FT HONDA Motor, the Japanese car maker, won few friends in the automobile industry in July when it announced development of a cleaner,
      FT  -  1,254 words
    • Article
      DAILY FREIGHTS
      660 34 FREIGHT market rates on i Friday were generally easier, < but a number of mildly bullish developments should prevent a sharp decline, brokers said. They noted news the USSR bought 800,000 tonnes of maize while a bid for 500,000 tonnes of US hard red winter or soft winter
      660 words
    • Article
      THE SHIPPING GUIDE
      8471 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      8,471 words
    • Article
      SHIPPING AGENTS
      3396 47 A E X mJC Containerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). \dkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). ANtatros Sea-Air Service: Frata Shpg Pte
      3,396 words
    • Article
      COURIER SERVICES
      257 47 Abacw 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 A Services
      257 words
    • Article
      AIR FORWARDERS
      1527 47 Abex Express Freight Tel. 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax. *****20. Aerolink Freight International Tel: 545-***** Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,527 words
    • Article
      PORT CONDITIONS
      3051 48 ARGENTINA Labour working normally. Buenos Aires: River pilots have announced a strike for Dec 11-13 inclusive which will affect movements in/out of the port, as well as vessels heading to/coming from up-river ports. Port busy with all deep draft general cargo berths occupied and 1-2 davs waiting time
      3,051 words
    • Article
      AIR FREIGHT SCHEDULE
      554 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op. Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      554 words
    • Article
      SHIP SALES & TANKER RATES
      1173 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Trader: i 10.444 dwt and built August 1976 Na\ ire Naantali. Best outright offers invited. Milamorev 69.808 dwt and built 1989 Hashihania. Best offers in the region of USS27/28 million invited. Mui Kim: 68.774 dwt and built November 1989 Hyundai. Best
      1,173 words
    • Article
      CRUISE & FERRY SCHEDULES
      665 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA FID Ports of Calls Port Agent DEC 07 II Royal Odyssey 0800 1400 Sin-Semarang-Bal iHarpers Shipping \lanila-Hk 10 10 Ocean Pearl 0700 1200 C ruise-To-Now here Borneo Shipping 10 10 Shangri-La World 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 11 II
      665 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        763 49 Vnsd Vcy Wo Berth Arm* Departure Vnsd Voy Ho Berth km* thpartoe Marine T«rm.n*l I Lungshan 8 10/12* S06 1012/1000 10 12/1600 d». Dm uru in Pegasus CPS-16 S03 10.12/1900 12.12/2300 Batdffl Baru Bill M04 alongside iU.lZ/Z«wU 1017/1100 Batam Maiu *****1 M04 alongs* 1012/0500 Wof. 3/91 M2
        763 words
      • Article
        IN MALAYSIAN PORTS
        200 49 lohore Port Berth: 1: Builder 11. Bunga Mas. 2: Pinya. Bangkhonthi; 3: Jofian II; 4 Picit Samut: 5: Niholay Dobrolyubov: 6: nil. 01 jetty: Stolt Hawk DCJ: Seraya. Due on Dec 9 Mayfair I. Vanino. Bandung. Vietranscimex. Timber Trader. Barge Josindo Satu. Hermes Hope Due on Dec
        200 words
      • Article
        CONTAINER SCHEDULE
        942 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Book»i|/Balance Rstts Sh|> Voy No Etb/Btr Period From To From ACX Jade 62A 11 0600 2 08 1700 09 0659 09 0900 4 09,1200 09 1459 09 1700 Addinyah 73A 11/1500 2 08 1700 09 0659 09 0900 4
        942 words
    • Article, Illustration
      Call to switch from packed to bulk bitumen shipments
      320 50  -  By Selva Kumar SINGAPORE Rapid growth in the export of bitumen to countries in the region holds potential for customers to consider switching from packed to bulk shipments of the commodity. Mr Robert Walvis, chairman and chief executive of the Shell
      320 words
    • Article
      Lock icon Somali refugees take over tanker
      161 50 AP MANAMA. Bahrain The owners of a Saudi Arabian-flagged oil tanker said that no country has agreed to take the more than 200 refugees fleeing Somalia's civil war who commandeered their ship last month. The refugees have been turned away from Oman and Yemen and
      AP  -  161 words
    • Article
      Lock icon British Telecom seen as attractive on dividend growth
      601 50 Reuter LONDON Up to £6 billion of British Telecommunication (BT) pic shares owned by the government hit the market yesterday in one of the biggest share offers in history but is it one of the best deals for buyers? Small investors in
      Reuter  -  601 words
    • Article, Illustration
      Lock icon New device to curb oil spills
      1300 51  -  Single-hull oil tankers are going to be plying American waters for another two decades. Can they be made safer? William Warren finds out William Warren American Shipper Although the on Pollution Act of 1990 requires double hulls on new oil tankers, the existing singlehull
      American Shipper; Source: American Shipper  -  1,300 words
    • Article
      SIA is most profitable airliner
      722 52  -  Industry sees worst-ever losses of USs2.7m last year By Rahita Elias SINGAPORE Asian carriers, led by Singapore Airlines, emerged among the top earners last year a period when the industry suffered its worst-ever losses totalling US$2.7 million (554.47 million). An article in Fortune's December issue
      722 words
    • Article
      Lock icon 240kph cyclone stalls over Samoa, lashing islands
      266 52 AFP WELLINGTON/— A destructive cyclone was yesterday stalled over Western Samoa, lashing the nation whose economy was devastated only 18 months before by another hurricane. One person is known to have died so far but there have been no reports from the major
      AFP  -  266 words
    • Article
      Lock icon France studying major motorway project
      261 52 Reuter PARIS Prime Minister Edith Cres son said the government was considering a major motorway project that would create up to 100,000 new jobs by mid-1993 and improve France's links with its neighbours to the east. In an interview on French television, Mrs Cresson said
      Reuter  -  261 words
    • Article
      Lock icon TNT files for 75pc public offer of US truck unit
      257 52 Reuter SYDNEY TNT Ltd said its TNT Freightways Corp unit has filed a registration with the United States Securities and Exchange Commission (SEC) for an initial public offering of about 75 per cent of Freightways. TNT chairman Fred Millar said
      Reuter  -  257 words
    • Article
      Lock icon Storm brings gusty winds, snow to Turkey, Greece
      191 52 AFP ANKARA At least six people died over the weekend in the eastern Mediterranean when a storm brought snow, rain and gusty winds to Turkey and Greece. All sea traffic in the Dardanelles strait, separating Turkey's European province from the Asian continent,
      AFP  -  191 words
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      Page 33 Advertisements Column 1
      27 33 Ums ami tanricM raprasaatad Mirtirt af tin Raglstry «f AecraditadffffHl* SMaaiac Anate. SJncaaora ttrttoari SMa- V-MSsMi P*n§ MSSOCHuOII. p^-y /•'or advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090.
      27 words
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      228 33 c NedHoyd EUROPE SERVICE commencing Jsnuwy 1992 CALL: 221 8989 Air Forwarders Air Freight Schedule Container Schedule 17 Courier Services 15 Cruise Ferry Schedules Daily FragMs lnde» to Advertisers 1 Port Conditions 16 Shipping Agents }5 Shipping Guide 1° H Shrpsales Tanker Rates 16 Ships m Port 1' Singapore Tides
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      228 34 The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered IB) to you everyweek, whereever l&m you may he. Subscribe now. And be in touch. Making an issue of the major
      228 words
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      Page 34 Advertisements Column 2
      65 34 NOTICE M.v ASIAN COSMOS Voy 20 arrived Singapore 2-12-91. Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a General Survey will be held on the I Ith December 1991 (Wednesday) Pasir Panjang Wharves at PT9 0900-1200 hours No further survey will be entertained thereafter Agents:
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      2012 35 000- 1! Dedicated to Quality Service "BRINGING N.AMERICA j CLOSER TO YOUR DOORSTEP TO ALL VALUED CUSTOMERS: TODAY, DECEMBER 10TH 1991, IS A HISTORICAL DAY FOR OOCL, THE PORT AUTHORITY OF PORT KLANG, g AND MALAYSIAN EXPORTERS AND IMPORTERS. f D THE "OOCL FREEDOM" WILL MAKE ITS MAIDEN CALL t
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      Page 35 Advertisements Column 2
      1663 35 TRANSPORT DIARY 1992 r eb 21-24: Air Traffic Services in the 21st Century 4th iymposium. jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration. USA, Departnent of Civil Aviation. France and State Institute for Air Navigation, USSR at the Raffles City Convention Centre. For urther information please contact
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      Page 35 Advertisements Column 3
      1462 35 ■QDOBSEa YEAR END LOADER RAH AM A ETD SIN 31/12/1991 Vessel Voy ETA ETO Feeder by DESTINATIONS World Lynx/ Johanna to This week Magleby Maersk 9202 CFS HRS Kelang Penang OAK LQB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MARCHEN MAERSK 9202J In PI I 11/12 "Sid
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      1000 36 IROTTEOAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LEVIRKUSEN EXPRESS 04/349 15/12 2/1 3/1 8/1 7/1 LONDON EXPRESS 05/150 19/12 10/1 8/1 8/1 B|||||W KITANO 11/350 22/12 8/1 10/1 13/1 14/1 frM>r HAMBURG EXPRESS 06/151 28/12 18/1 14/1 13/1 3m£mC72USSSa TOKIO EXPRESS 03/351 29/12 15/1 17/1 20/1 21/1
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      Page 36 Advertisements Column 2
      817 36 SEABPAC SERVICE FASTEST DUECT SERVICE TO SOUTH PAOFIC POUTS SIN NOU SUV PPT COPIAPO 3002 EB 28-31/12 12/01 15/01 21/01 LJ BONTANQ 3106 EB 25-20/01 10/02 13/02 18/02 Traratt Time (13) (16) (22) ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VIA FASTEST SERVICE TO CHLE/PERU
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      Page 36 Advertisements Column 3
      1488 36 t ISI*MML«SA &m REGULAR WOePEHOeHT FliU. CONTAMEB SERVICE WESTBOUND FOR EUROPE VSL/VOT SM ALG BCI HAM BRE ROT MIT FEL LHA (VIA (VIA (VIA AIG) KAM) ROT) NOR ASIA SMGA 9139-3 07/12 29/12 31/12 04/01 06/01 05/01 07/01 OC/01 07/01 NORASIA AL-MUNTAZAH 9140 3 15/12 05/01 07/01 10/01 12/01 11/01
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      1928 37 SjgSteamers Holdings Ltd p&o I Containers I mm |j r7Tfmnr7«mTTrn7mnf7TT7rTTTß c No Kif K'Kont #PW Sport Al| Sou Ant Rot Hb| G lIC* MAERSK 9114 OS/12 JO/12 00/12 13/12 2«/12 20/12 30/12 01/01 ACCEPTS 5*0.5 «IWNSUIAA SAY 0502 10/12 00/12 M/ 12 31/12 02/01 04/01 CM GO i LAOS MACASK
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      Page 37 Advertisements Column 2
      2293 37 TO; U.SJL/PAMAMA Wfc U.B.A ./PANAMA vtssti VOY o» ig» cm roo oa» won nyc «ssil vot nyc WW sa* 01 i<a oak KMM KIM TOR EFmT IS/12 7/1 */1 17/1 Wl ?«/l M/l WW TOW SfNATOt 11*142 ZJ/10 M/ 10 27/10 1/11 10/11 11/11 14/12 CHOYANG GLORY H204 21/12 10/1
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      Page 37 Advertisements Column 3
      345 37 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR MOJI/TOKYO/ YOKO/OSAKA COSMIC CHALLENGER Vl2 i ETA SPORE 20/12 ETA PK 22/12 f IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN CT i GLOBAL SEAHORSE *100 SM Std SM Sid Sd hi Pi ROMANO# 23/12 29/12 31/12 lt/1 22/1 30/1
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      541 38 "Q CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY S'PORf ROAM/ADAM H BURG BREMEN ANTWV SRIWMTA/33N8 14/12 17/1 23/1 2/2 4/2 KUTM/24N8 3/1 6/2 11/2 15/2 11/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to trvduc«m*nt Also acccpHn? cargo to Casablanca. Port Said, Port Alexandria, Gonoa. Trissts ALSO ACCEPTING
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      Page 38 Advertisements Column 2
      1352 38 ©HANJIN SHIPPING en# «i I SIN I LINE HAUL LGB OAK FOB VS. SK UK HAU. SA* IN MYC 007E 16/12 MECT 6/1 9/1 HANJIN KNANGYANG 0431 16/12 HAIUN KEELUN6 0341 23/1 24/1 21/1 SsfTmiMU 22/ 2 WECT 13 16/1 HANJM KUNSAN 069E 23/12 M. PtOSPEJdTY 01X 2/1 3/1 5/1
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      Page 38 Advertisements Column 3
      1246 38 T «J I rn WG HS6 KLG WT OS* *T SM ITO LAI CHS tk. KTC LW WW WM TW HB6 WD CM W. W (OUCtK43O U/12 12/12 17/12 11/12 21/12 Z3/12 24/12 21/12 27/12 21/12 3/12 11/1 22/1 20/1 21/1 0/2 V 2 1/2 7/2 J/2 10/2 29/2 VI
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      1767 39 1 1 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) ROOKING 3: NEPTUNELINK TEL *****00 (TOLL-FREE) UK/ EUROPE BERVICE *****19 UBABERVICE 2221! AUST/INCHA/PAK SERVICE *****18 FAR EAST SERVICE ******8 > mMWALOFFrcE *****22 DOCUMENTATION DEPT :*****44/Z7*>ll4 CFS: MBS- IMPORT *****360/*****50 CFS: MBS EXPORT *****53/*****04 npplinE SDN BHD MALAYSIA K.L-(03)
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      Page 39 Advertisements Column 2
      1010 39 fa SINSOV PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVlCE)^___^ m FULL CONTAINERSHIP SERVICES I FASTBQUW-nSCHARGMG WESTBOUND-lOAONG TRANSITED W WTTCTPAM l&ai w —l» |m» wc www |«a l*n I«h» |u |«w I™ ocl «mo. |w» l«* K tt>¥WLO» SSI H7H 03/12 06/1? Mil 10 12 H'» "0I jjlgj
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      1603 40 wv- M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 12U«*****0M) I TEL: *****77 TELEX; KAWAKIRS23I6S FAX: *****07/8/9 I IVI M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I M WrJ TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 lOVWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAI/T INTERNUSA TEL:
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      Page 40 Advertisements Column 2
      1450 40 T PHI LI- Oftl€NT UN €5 PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 -<w a Tel: *****22/*****69/*****00 RS ***** PHIU FAX: *****76/*****38 I BY AIR, LAND OR SEA.\.\. WE TAKE ON THE WORLD FOR YOU m ffjg N 020 Jeflk MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION V
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      1084 41 HasaPff PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS K Hi PlLBuHding, 140 Cecil Street #0300, Singapore 0106. JAKARTA" J [BANGKOK' 3 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK S»N EDEN 501 10/12 14/12 17/12 KOTA PAHLAWAN 9144 10/12 IS/12 IS/12 EQUATOR MAS 27N 11/12 13/12 18/12 KOTA BINTANQ 8140
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      Page 41 Advertisements Column 2
      1259 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** VESSEL VOYNOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon- 448 12/12 28/12 29/12 31/12 1/1 Jutland ia 446 11/12 4/1 3/1 Arosa 458 18/12 3/1 4/1
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      Page 41 Advertisements Column 3
      494 41 wmrnk MYANMA pBBk FIVE STAR LINE w (Myanmar National Una) Loading for Yangon (Rangoon) S'pora P.KIf Pen P.Gdf HPA-AN VI7OW 10/12 Dec P*YA VIIIW Sid hi Pt PATHEIN WIISW 10/11 o#t MERGU *111W 10/12 D«c THE BANK LINE (A Mrvtc* ot Andrew Weir Shipping) W SEMI-CONTAINER SERVICE \l HEAVY LIFT
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      431 43 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEDER-VESSEL P KLANG PENANG OCEAN VESSEL SIM LE HAVWEQ) rOAM(2) IHAMPTONQ) H»U»G(4) OWW (IT 8 S*r«i/W Bhum 23/11 1/12 21/11 30/11 B«m»on/«4» 12/12 21/12 21/12 31/12 B taS's S/ll 4/12 2./U 5/12 11/12 »/l B SafO,i Bhum 6/12 1/12 5/12 »/W 1/1 2 tZ'Z S=
      431 words
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      Page 43 Advertisements Column 2
      568 43 JTNcdhoyd NED LLOYD OFFERS YOU WEEKLY, FIXED DAY, Nedlloyd Lines DIRECT CALL TO ANN FROM EOROPE/MEDITERRANEAN |W» ZKUIIO/FUj EjiJ—rn» tart>(» WmtOl-w *«Steto/»130S U/12 16.12 IS 12 15/12 U/tt 21/12 3/1 J J M ,l :SS£%» tf I!! 2 v! i: 1 2 n/1 ."'I S<! Z Accenting P Chalmers via
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      853 44 TO AUSTRALIA/NEW ZEALAND ["SI [51 IF rem 1 1Mb [irS Audi p« If CHMM 5n m 21/12 30/12 ~57i »/i is/i TiTi C VOtOU* 284 7/1 14/1 1»/1 23/1 »/l TT7T (WTWfIWN ?15 a/i t/2 11/2 15/2 21/2 2372 MARTHA I 2(C 19/2 25/2 1/3 «/3 12/3 T575 TO USA/CANADA
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      Page 44 Advertisements Column 2
      861 44 EXPORTS TO HONGKONG, TAIWAN. MANILA I JAPAN "T*K* WEEKLY" MALACCA ST*AITS SERVICE OUTCOME) TOY WU. ftll KT ME. MIC M 0 M TTO MB NCO KOi VESSa HOT |SW IPW. FOI O m~\ C. CMHDt 128 1/12 *6.12 812 11 12 15.12 20 U 21.12 21.12 22.12 ACI IRK tt»
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      Page 44 Advertisements Column 3
      292 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD TO ETA ETA SPOKE POUT KELANG PCNANG BUI IAOt 10/12 7/12 Loading tor Mdle KUVAJ HUOHU 15/12 Loading tor Calcutta DOLPMN 18 12 Loading For Mate HOWE* SUPREME 15/12 Load'ng For Male DOHA KUI HI SAILED Loaded For Felmaiu PROGRESS LBERTY PORT
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      Page 44 Advertisements Column 4
      1613 44 /w~j tmj&it m m CHINA OCEAN SHIPPIKfiCOMPANY FULL CONTAINER LINKR SERVICE MALAYSIA'S AfiENTS: SINGAPORE'S GENERAL AGENTS witdi CHUNG CHIAO SHTONG SON BHD CO SJAR SHIPPING PTE LTD KL TEL: *****91/17 FAI: 4425M2, ***** MDONESIA MARITME P. KLAM TEL 36H106/S Til: MA ***** m COSMP 57—WL (PI)311 <37, *1714 PDMNG TEL
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      Page 45 Advertisements Column 1
      725 45 Shipping Times, Tuesday December II 1991 Um M FAMOUS CONTAINER LINES _JJF* 10 ANSON RD. WJ-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINEi *****33 24 LINES LIMASSOL/PIREAUS 22/12 ROTTERDAM 22/12 HAIFA ASHDOO/ ALEXANDRIA 22/12 HAMBURG/BREMEN 22/12 i MARSEILLE/FRANCE 22/12 FELIXSTOWE/UK 22/12 BARCELONA/SPAIN 22/12 LEHAVRE/ANTWERP 22/12 GENOA/ITALY 22/12 GOTHENBURG/SCANDINAVIA 22/12 LOS ANGELES/WC/IPI
      725 words
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      Page 45 Advertisements Column 2
      939 45 STKIeuhEE TEL: *****33 (12 Lines) HFAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 LinM) pP\ ETHIOPIAN SffIPMNC U« J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE A NONET 25W8 30/12 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WONZ 31WB 30/01 OARESSALAAM, MOMBASA. DJIBOUTI ASSAB MASSAWA
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      Page 45 Advertisements Column 3
      838 45 JAKARTA BANGKOK wtm. wi~T m «rr mm «w murcti wmm Kill BHUM lIS 11/12 !7n2 HARI BHUM* 13W """"wd 11/12 S«t 14/12 Wbhum ms 14/12 17/12 HAELEIW 255 2= m 1 *5 m M 2 21/12 mi 1- \2mAKA BHUM M nJTi irrr, mwu ww o»* T- 17/12 20/12 KITI
      838 words
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      1116 46 Page 14 £*§mac-nels s'pore SENSES? I ncuAKir. (Ml qifili mfttl *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SIN Colombo 6/12 7/12 8/12 15/12 16/12 17/12 Ldn/Flx/Rdm/Ant Durban/Pi Louis 10/12 11/12 12/12 8/12 9/12 10/12 Goth«nbur|/Stockho(m/<hlo 5/12
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      Page 46 Advertisements Column 2
      389 46 IMf BLUE STAB LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SJN NPI ML ITT SIN MULKM 24S In Ft 23/12 VIA NTI 25/12 11/ I MAKSURI 0510 24/12 «/l M* l»l 1/1 25/1 PHOSPtCT US 4/1 1«/1 *1* NTV 11/1 4/2 FULLY
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      Page 46 Advertisements Column 3
      1146 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #IMfrSIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 < x Wtnß? TLX: RS ***** CARRIER, R£&s2 JENHOL CABLE: TOSOCO smGAPoIreT^WE^TMAIA'SIA VISSEL VOY ETA VEST ItSSEL W SURE P. MUM KIM SOON LI 40/91E 14 DEC PENANG EQUATOR JEWEL 39N
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      319 49 TIDES AND WEATHER TODAY'S TIDES (hc#t in metres) HOUR 0000 0100 *****300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2IOC 2200 2300 in ?0 2 3 2 5 24 21 18 14 1.2 1.2 1.5 19 24 29 32 31
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      1083 50 HYUNDAI A MERCHANT MARINE CO. LTD. f".. eastbound feeder to pacific south-west to pacific north-west IHSi voy pg) —m piT" it mn vot m lbh oak ~IT~ it mi hot «g xoi/sa m MMCCHUN M 134 02/12 03/12 5/12 H PIONEB «5t 13/12 30/12 02/01 04/01 MY BRDGE 601 10/12
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      Page 50 Advertisements Column 2
      176 50 O COIVTAIXER LINES I WEEKLY CONSOLIDATION SERVICES BANGKOK HONGKONG KEE LUNG KAOHSIUNG JAKARTA MANILA SYDNEY MELBOURNE FREMANTLE 317 Outram Road, <02-29 Concorde Shopping Centre, Singapore 0316 Tel: 733 3089 Fax: 734 1827 j M 2 SAILINGS/WEEKLY StN/PASffl GUPANG/SIN VESSEL SIN PG SM SEA MACO VOY 01/91 U/12 14/12 15/12 SEA
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      Page 50 Advertisements Column 3
      643 50 S7 Brisbane Fremantle x Sydney V-/ Adelaide Any problem going Melbourne DOWN UNDER Call us today! SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 lax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 QUR USA SERVICE CALLS [j=£= i* I*" itTD
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      87 51 lOR BITS AND BYTES—. Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
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      263 52 CHARTPOINT Every Saturday in Business Times ®L <> T JM| H^gK. IBWI jy~^v r SxLt N >A ..?^S.ty;• i'.:'^^ a^ .-_> On January 1, we make it official The people who run The East Asiatic Company In the tradition of the "Red Propeller", we tions, our single greatest asset is
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      6 52 ICHARTPOINTj fcvery Saturday in Business Times
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