The Business Times, 11 October 1989

Microfilm: NL16819
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, OCTOBER 11, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    255 1 Dow lower PROFIT-TAKING caught up with Wall Street blue chips early yesterday after a run-up of 100 points last week and Monday. However, the general market was down narrowly. The Dow 20 was off seven points at 2785. It rose in early trading, but turned back a
    255 words
  • Article
    Bank of England fails to prop up sterling
    151 1 THE BRITISH POUND continued to weaken yesterday against other major currencies in spite of efforts by the Bank of England to prop up the currency. Dealers said the British central bank bought sterling for US dollars for the second consecutive day but
    151 words
  • Article
    Lock icon Thai growth to remain strong, says US embassy
    167 1 Reuter THAILAND will maintain its current strong economic growth, with its gross domestic product projected to expand by a real 9 per cent next year after about 10 per cent growth this year, the US embassy in Bangkok said in a report
    Reuter  -  167 words
  • Article, Illustration
    Hongkong rally continues
    190 1 REGIONAL stock markets closed generally mixed yesterday except for Hongkong, where share prices continued their rally. The Tokyo market was closed for a public holiday. In Hongkong, stocks picked up from where they left off last Friday and continued to push upwards. The market was closed on
    190 words
  • Article, Illustration
    DBS Land buys Yen San Building for $168.8 m
    582 1  -  810 WORKS OOT TO $1,599 PER SQUARE FOOT By ELAINE KOH DBS LAND LTD, recently said to be selling the Adelphi, has added another commercial building to its portfolio with the successful bid for Yen San Building in Orchard Road for
    582 words
  • Article
    Lock icon Indon offer to host Cambodian talks welcomed
    380 1 AFP THAI PRIME MINISTER Chatichai Choonhavan has welcomed a statement by Indonesian Foreign Minister Ali Alatas that Jakarta is willing to play host to a fresh round of peace talks on Cambodia, the state-run Thai News Agency (TNA) said yesterday. Mr Chatichai announced
    AFP  -  380 words
  • Article
    No exemption from takeover bid ruling for Ambassador chairman
    389 1  -  By KEVIN GWEE AMBASSADOR HOLDINGS Ltd (AHL) chairman Chang Ching Chuan will not be exempted by the Security Industry Council from making a takeover offer for AHL should his shareholding exceed 25 per cent following the company's proposed rights issue. Mr
    389 words
  • Article
    Lock icon 'Southern Johor has entered new era of economic development'
    344 1 Bernama AFP SOUTHERN JOHOR is expected to become a region of rapid economic growth by the next century and may even surpass Klang Valley, Chief Minister Tan Sri Haji Muhyiddin Yassin said yesterday. He said that this was based on land
    Bernama; AFP  -  344 words
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      107 1 I brother I I Laser Printers I Electronics I Word Processors I I Dot-Matrix Printers I Facsimiles M I Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 KKHT% ••:>'. Small and medium-sized companies can obtain financial assistance of up to $2 million under the Small Industries
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      151 1 I sasr I rrf|Wirl«l *n /Mia SES nominating new Asian Market 8 Editorial Comment: 12 Oil Industry 7 chairman at AGM Commodities 6 A second wind for Mandarin Talks on environment Palm Oil. Metals. M 250 expected at DBS Produce Rubber, Tin European airlines 13 Banking 9 Bank conference Company
      151 words
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      12 1 BACK PAGE: PM's libel suit against FEER executive summary of Day 11
      12 words
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      Page 1 Advertisements Column 4
      282 1 NEW AGE COPIERS Convenient, reliable feature-packed Sote Agent WEI TAH CO PTE LTD TEL: *****61 Maatarpian for Daaaru raaort approvad, PAGE 2 What now, Hongkong? Hongkong (right) makes the state of the territory. In that well-leaked address, nounce massive infrastrucwill see the colony through the next decade and bekongers are
      282 words
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  • HOME NEWS
    • Article, Illustration
      All systems go for Desaru masterplan
      605 2  -  By SANGEETA MULCHAND DESARU's Msl.6 billion dream to become a major resort destination in the Asia-Pacific region took off yesterday when official approval was granted for an impressive masterplan. The resort's 1,616 hectares of land and 17km of beach will include four 18-hole golf
      605 words
    • Article
      Businessmen more optimistic about economy
      323 2  -  By JOHN TAN BUSINESSMEN in Singapore are more optimistic about the economy than they were six months ago, but are concerned about the labour shortage. In its October issue, the magazine Asian Business reports that its survey of top executives in Singapore showed that 68
      323 words
    • Article
      Contract signed for supply of digital switching equipment;
      396 2 A $122 MILLION CONTRACT signed yesterday for the supply of digital switching equipment brings Singapore another step closer to having a fully digitised national telephone network by 1995. The equipment will be put in place beginning from early 1991, a process that
      396 words
    • Article
      MEMO-PAD
      226 2 Seminars and courses Oct II Survxjl of the Fittest Dynasty Hotel Time/System 4 in the 1990s CardioFitness Imogineering Oct II International Seminar SISIR Auditorium Singapore Institute *****77 on Standardisation of Standards ext 103 and Certification Industrial Research »<] Oct II 12 Enhancing Office SIM Monogement Singapore *688&6C Efficiency through
      226 words
    • Article
      Good progress for Aerospace '90
      240 2 FOUR MONTHS to go before Asian Aerospace '90. and the show looks like it's still getting better. According to the latest in a series of updates on the show's progress, part of the publicity campaign in the run-up to Asian Aerospace '90, managers Cahners Exposition
      240 words
    • Article, Illustration
      Lock icon Singapore benefited from British legacy: President
      284 3 THE QUEEN'S VISIT AP SINGAPORE had benefited from the administrative, economic and political system the British left behind. President Wee Kim Wee said yesterday, adding that "Singapore has made changes to the system to meet her different needs and circumstances". President Wee said at
      AP  -  284 words
    • Article
      Aircraft cabin equipment maker sees $10m turnover
      141 3 HAVING heavyweight shareholders has helped Singapore Jamco generate more than $10 million in turnover since it was set up just nine months ago. Orders are coming through both the office here and in Tokyo, according to Yoshio Tsutsui, general manager of Singapore Jamco.
      141 words
    • Article
      Jeya's appeal: conviction stays, fine reduced
      286 3 FORMER opposition MP J B Jeyaretnam, secretary-gen-eral of the Workers' Party, lost his appeal against conviction yesterday but had his fine cut from $3,500 to $1,500 for providing public entertainment without a licence at the opening of his party's new headquarters more than two
      286 words
    • Article
      'Asean not prime target of EC investors'
      439 3  -  Investment lags far behind Japan, US, HK and Taiwan: economist By TAN KEE WEE ASEAN is not a prime target of European Community (EC) investors. nor does the region hold any special interest for them, according to an economist who has studied Asean-EC
      439 words
    • Article
      Brain drain discussion at Kent Ridge
      86 3 A OISCUSSION on the brain drain that Singapore currently faces will be held at Kent Ridge Guild Hall on the National University of Singapore campus. Organised by the National University of Singapore Society's Study Group, it will fea- ture three speakers: Goh Ttam Lock,
      86 words
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      494 2 Ml9BB, HYUNDAI REGtSTCRED US$25 BUOH IN SAIES TURNOVER nm\ j aa£— 'SleTI-v*-:! '■■MHHBHHHi That's the size of the company behind this computer range Hyundai computefs comprising a complete range of surprisingly, Hyundai computers did so well in the American company with the largest support staff in Singapore. PC/XT/AT compatibles, 386s
      494 words
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      Page 2 Advertisements Column 2
      326 2 9 10 November 1989. Hilton Hotel Singapore With the 1990's looming ahead, competition The authoritative panel of specialists include: in the funds management game is likely to ge i Tulloch, Chief Executive, become even more intense. Wardley Investment Services Ltd. (Hong This 2-day event brings together leading K° n g)
      326 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      159 3 Bv "THE REWARDS OF EXPERIENCE,TRUST AND CONFIDENCE! David Lawrence. Willy Shee. Pauline Goh. People who We also leased over 1.4 million sq ft of prime commerknow property. Part of the Richard Ellis team who have cial space. Including The Gateway, IBM Towers, Natwest shaped Singapore's property market, based on the
      159 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      220 3 Meather^ ""'J) /rl \T Y'frK Global temperatures fflgpnpppnßA •nd weather forecast City Max/ Note OUTLOOtf: Showers Mln o»«r several areee In mh tw morning. Report for 24 hour* prior Aberdeen 12/06 Cloudy to 7.30pm on Oct 10 at Afraterdom 15/08 Cloudy r P<>rt> Mhem 19/11 Windy Max temp 31.8 Auckland
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  • FOREIGN NEWS
    • Article
      Lock icon Yugoslav PM in US to seek aid
      277 4 Reuter YUGOSLAV PRIME MINISTER Ante Markovic, leaving behind an economic crisis with inflation of nearly 1,200 per cent, flew to the US on Monday to ask for US$l billion to back up his reforms. The official news agency Tanjug reported that his six-day
      Reuter  -  277 words
    • Article
      Lock icon EC ministers approve aid
      134 4 AFP EUROPEAN COMMUNITY ministers have formally approved fresh aid for Poland and Hungary worth US$22O million, as well as development credit worth up to US$l.l billion. The aid, part of an EC programme that seeks additional contributions of US$lO5 million from member states, will provide pesticides,
      AFP  -  134 words
    • Article
      Lock icon Faster changes urged in Poland
      65 4 AP THE HEAD of the Solidarity parliamentary caucus has said that Poland should move faster to free the news media to tell the truth and to remove the army and police from communist party control. Bronislaw Geremek said in Warsaw on Monday that although changes
      AP  -  65 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      825 4 ARRIVALS Operator g Jtnoci numb#f Local flvvto From GU GA940 1150 MES TWA TG403 1155 BKK SU SQ138 1155 AAES TtY MM11 1200 HOY GU GA902 1210 POG su SQ069 1210 HOC GU GA950 1220 DPS/CGK MAS MH641 1230 KCH GU GA8V5 1235 AMS/FtA/AUM SU SQOOI 1250
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    • Article
      Lock icon New Soviet law permits strikes
      389 4 WAVE OF CHANGES SWEEPING ACROSS EASTERN BLOC AP THE SUPREME SOVIET legislature has passed a law stating for the first time that Soviet workers have the right to strike, but set broad restrictions on walkouts. Strikes previously had not been prohibited, but had been swiftly
      AP  -  389 words
    • Article
      Lock icon Talk of reform hurting confidence in rouble
      290 4 AFP THE THREAT of monetary reform that would at a stroke sharply reduce the value of billions of roubles' worth of individual savings has sent Soviet citizens hurrying to their local jewellers to place their funds in the old standbys, gold and diamonds.
      AFP  -  290 words
    • Article
      Lock icon Greenspan starts talks in Moscow
      93 4 Reuter THE HEAD of the US central bank has begun talks with Soviet officials on how the guardian of world capitalism might help the bastion of communism out of its acute economic difficulties. Federal Reserve chairman Alan Greenspan held talks with bank chairmen and state
      Reuter  -  93 words
    • Article
      Lock icon Economists warn of risks to Gulf investments abroad
      411 5 AP PROMINENT economists on Monday ended a three-day conference by warning against the risks of a "hostile political environment" to overseas Qulf investments. Some 400 economists mainly from the Gulf Cooperation Council (GCC) member states, along with the United States and Britpin,
      AP  -  411 words
    • Article
      Lock icon Beijing invites Castro to visit China
      170 5 Reuter PRESIDENT Fidel Castro of Cuba has been invited to visit China in what diplomats in Havana see as another step towards increasingly stronger political relations between the two communist nations. In a despatch from Beijing, official Cuban newspaper, ffranma, on Monday quoted Chi--aese
      Reuter  -  170 words
    • Article
      Lock icon Thailand supports Pacific cooperation
      210 5 AFP THAI Foreign Ministsr Siddhi Sawetasila told his Japaness counterpart Taro Nakayama in Tokyo on Monday that his country supported proposed Asia-Pa-cific cooperation, officials said. Mr Siddhi was referring to a ministerial meeting to be held next month in Canberra by the Associstion of South-east Asisn
      AFP  -  210 words
    • Article, Illustration
      Lock icon EC ministers, Commission fail to agree on VAT plan
      521 5 AFP THE EUROPEAN Community (EC) has failed to make headway in plans to harmonise indirect taxation in the single EC market of 1993. Diplomats said on Monday that economy and finance ministers, meeting in Luxembourg, conflicted with the European Commission, the
      AFP  -  521 words
    • Article
      Lock icon Iran to complete petrochemical project despite Japanese pullout
      365 5 AP AFP IRANIAN Oil Minister Gholamreza Aqazadeh said on Monday his country is determined to complete a problem-plagued petrochemical plant the Japanese refused to finish, Teheran television reported. Mr Aqazadeh said work on the war-battered plant near the port of Bender Khomeini,
      AP; AFP  -  365 words
    • Article
      Lock icon Candidates for Iran's assembly now need formal education
      124 5 Reuter IRAN'S Parliament hee approved a bill requiring future cendfctetee tor the assembly to poeeees a bachelor's degree or equivalent education at Istemic semineriee, the Iranian news agency IRNA reported on Monday. About 20 clerics end 66 nonctericel deputies among the 267
      Reuter  -  124 words
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      387 4 8M Focus, PAGE 10 GOOD IDEAS KEEP COMING UP Black text on white screen. JHh? p^vcr ,pc-5541 with the new Page White display Today's most wanted laptop display. Introducing the Sharp PC-5541. lake a look at it, or the other laptop to store all the applications you ll ever need.
      387 words
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      Page 4 Advertisements Column 2
      131 4 V The business person's choice every Tuetday, I If \C 1 If AIV I Thunday, Saturday and Sundry Lovui, Ounp LA I ■I I Airport at 22.05 noun and arriving at Locan II II \l International Airport the following day. Cill yo*r trrvti agent or Atr C*n*L 4 732 SW.
      131 words
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      281 5 m. tA j THE NEW JAGUAR SOVEREIGN. AS USUAL .WE'RE KEEPING IT QUIET T J At Jaguar, we believe there's no need to shout. There's a larger. 4 litre alloy engine. It develops 09b more One. for unobtrusive, everyday driving. And the other, have occxrred. certainly... new an«loguelnetrumem*^j^ Instead, our
      281 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      64 5 Doonesbury by garry trudeau PETER. IT tUOULP APPEAR ATER- IT IS RATHERTHE HOME OF RE- HE ISNOU) A TELEPHONE? RJBLE MISTAKE HASB&NMAPE! WEP SCHOOUEACHBR ST KLEIN! PICKJN6 UP GET OUT OF TVm THIS IS NO HOUSE OF CRACK! KLEIN 13 FURIOUS! HE IS VELUNG WWAPPEARS THERE,ROUJE! HE IS NOOJ T
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  • COMMODITIES
    • Article
      Lock icon Thailand cracks down on palm oil smuggling from Malaysia
      178 6 AFP THAILAND has sealed off its southern border with Malaysia in an "all-out campaign" to crack down on cross-bor-der smuggling of palm oil, a Thai official said on Monday. "We have sealed off the border with Border Patrol Police units in
      AFP  -  178 words
    • Article
      Palm Oil
      487 6 MALAYSIAN CRUDE PALM OIL FUTURES finished lower on the KLCE yesterday on some selling pressure and buyers' reserve, dealers said. The market opened slightly easier following the weaker Chicago soybean market and eased further before picking up slightly on some short-covering prior to the close. Dealers attributed the
      487 words
    • Article
      RAS and MRELB
      284 6 RAS prices In s cwMg, FOB m beie. NOON CLOSE Buyeri Sellers Buyer* Sellers Irrt 1 RSS Prompt 164.00 165.00N 164.25 165.25N bit 1 RSS Nov 165.75 166.25 166.00 166.50 Int 1 RSS Dec 168.50 169.00 168.75 169.25 Int 2 RSS OP 163 JO 165.50N 163.50 165JON
      284 words
    • Article
      SSR and SMR
      75 6 (caMt/kg) NOVEMBER 1989 DECEMBER 1989 (currant month) (forward month) NOON NOON RAS kytn StUtn lwr«n S«»«n SSB 30 155.00 157.00N 156.00 ISftOON SSI 50 153.00 155.00N 154.00 1M60N MRELB luyan Sdbn br*n Win SMI CV 222.00 224.00N 224.00 226.00N SMI I 222.00 224.00N 224.00 *****N SMI 5
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    • Article
      Rubber
      252 6 SINGAPORE: The rubber market was very quiet throughout the afternoon yesterday, with prices improving marginally on light covering interest. dealers said. Operators stayed on the sidelines due to the closure of the Japanese markets and a lack of fresh incentives. Nov 1 RSS buyer was quoted at 166.00 cents
      252 words
    • Article
      Lock icon Soybean
      157 6 Reuter HEAVY fund sailing pounded CBOT soybean futures at the close on Monday, and the spot November sank 10-3/4 cents per bushel to new contract lows of U555.56-3/4 a bushel. The previous contract low was U555.62 "Locals and commercial houses gradually sold off all day," said Victor Lespinasse of
      Reuter  -  157 words
    • Article
      Lock icon Wheat
      175 6 Reuter CBOT soft red winter wheat fell 5-1/4 to 3.0 cents per bushel, striking new session lows in late trade as fund selling fuelled the decline in thin market conditiqns, traders said. December closed off most at US$4.O6-1/4. The market lacked fresh fundamental influences, as the US government and
      Reuter  -  175 words
    • Article
      KL Tin
      196 6 THE KUALA LUMPUR Tin Market (KLTM) price held steady at Monday's level of MS22 22 a kg despits the fall on London Matal Exchange (LME) overnight, brokers said. Trading was brief as both bids and offers matched on the first call on turnover of 70 tonnes, down from
      196 words
    • Article
      Produce Prices
      197 6 ChlWM Produce Exchange S«ll*rs' noon doting prices on October 10 (S$/100 kg) Coconut oil Bulk FOB 94.50 Od drum FOB 104.50 Now drum FOB 108.50 Copra Mixed (loos*) 53.00 setter? Pepper tt-jTinlj UJ hlfa "WTOI wine FOB NIW 490.00 Sarawak white FOB foq NIW 480.00 Sarawok special block
      197 words
    • Article
      London markets
      205 6 London Commodity Exchange Buyer/Seller closing prices on Oct 9 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-storo London, sellers option Clf London Nov 669/670 (670/6731 High/Low 669/648 ion 654/655 (655/658) High/Low 655/636 So lot (4216) Cocoa Doc 753/754 (752/753) High/Low 759/747 Mor 718/720 (725/726) High/Low
      205 words
    • Article
      Lock icon Rumours of Indon sugar purchase
      132 7 AFP INDONESIA is rumoured to have bought 150,000 to 200,000 tonnes of white sugar for shipment in the first quarter of 1990, traders said in London on Monday. There were also rumours that India, which was tendering last week for about 100,000 tonnes of white
      AFP  -  132 words
    • Article
      Lock icon Crude Oil and Products
      147 7 Telerate TRADE for CSTIBO fuel oil remained light in the Singapore market yesterday. Buy-sell indications were unchanged at $93-95 mt fob Sing for second-half October barrels while November was talked at lower numbers. A delta of about $3 mt exists between CSTIBO and CST3BO on the
      Telerate  -  147 words
    • Article
      Lock icon Precious Metals
      247 7 Reuter HONGKONG: Gold ended easier in sluggish but choppy trade on light selling by Australian investors and local speculators, dealers said. They said gold kept to a slim U*****.00/362.80 range yesterday owing to quiet US dollar trade. Dealers said they expected subdued trade to continue in New York
      Reuter  -  247 words
    • Article
      Lock icon Malaysia to maintain crude oil output at 560,000 bpd
      365 7 Bernama MALAYSIAN crude oil production will be maintained at 560,000 barrel per day this year, Petronas president Tan Sri Azizan Zainul Abidin has said. "Malaysian oil companies will continue to produce but will not tend to over-supply the commodity," he told
      Bernama  -  365 words
    • Article, Illustration
      Lock icon Opec will meet non-Opec on environment: Subroto
      308 7 IMPACT OF ENVIRONMENTAL CONCERNS TO BE DISCUSSED Reuter OPEC Secretary-General Subroto said Opec experts would meet independent oil producers early next year to discuss the impact of environmental concerns on the oil market. "We have agreed to continue discussions on the long- and
      Reuter  -  308 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      362 6 The new HP LaserJet lIP printer is priced at almost half the cost of the multiuser HP LaserJet Series 11. But with all the family characteristics that have made HP LaserJets so widely popular. Their superior text and graphics have helped sell more than one and a half million of
      362 words
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      43 7 fxi LIIII (Itfl I k l/"7lt r Wednesday. October 11.1989 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 830pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers 8i Valuers Pte Ltd Showroom: #03-28 Raffles City Shopping Centre Tel: 338 8135/338 8468
      43 words
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      Page 7 Advertisements Column 2
      176 7 ITS NOT EXEMPT FROM RISING TAXES,COSTUER PCTROI OR CBDCHARGES.IT JUST FEELS THAT WAY. You take on a different attitude towards Not that it's difficult to see why. way perhaps, towards justifying the current price driving when you take ownership of a BMW 730iL. Everything else seems insignificant of the 730iL—ARF
      176 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      615 8 SINGAPORE: The US dollar closed slightly higher while sterling (ell sharply. Dealers said activity was largely concentrated on cable and sterling crosses, with the pound falling to a late U551.5655/65 from London's 1.5770/80 and to 2.9541/70 marks against 2.9730/65. The dollar rose to 143.25/35 yen from London's 142.65/75
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    • Article
      Comex gold/silver futures
      167 8 Gold futures on October 9, 1989 100 My ouncaa, USS par troy ounca 0»M Mfh LM Mto Ocr 363.20 3*3.30 362 80 3*3.10 -aAO No» 3*5.50 -070 Doc 3*770 364.00 366.30 367.40 -000 Fab 91 371.90 371.90 371 JO 371,40 -0 *0 Apr 376.00 37*00 375.00 375JO
      167 words
    • Article
      Asian $ market
      239 8 Asian market ASIAN dollar deposit rates ended little changed from opening levels after quiet trade yesterday. Term rates weakened 1/16 point across the board at the outset to reflect a slight fall in Eurodollar deposit rates, but were unchanged in subsequent trade us$ OFFSR MO 7 doyt 8 13/16 8
      239 words
    • Article
      Options
      1198 8 CURRENCY FUTURES OPTIONS TuMdoy October 10, 1989 DEUTSCHE MARK (StMEX) Om M caMa Dm H put* Mfk Low urn Niflti Lav m 52 51 54 JAPANESE YEN (SIMEX) 0m M caNa Oac M puts 71 71 73 75 CURRENCY FUTURES OPTIONS IMM Monday, October 9 1989 BRmSH POUND 02,900;
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      IMM
      233 8 IMM CURRENCY futures ended mainly lower after a sluggish day's trading on Monday. Markets closed early and many traders were sidelined for Columbus Day and Yom Kippur, making for extremely thin dealings. "We were trading on nothing and we'll stay thin until Friday," said one trader who saw narrow
      233 words
    • Article
      Simex
      445 8 EURODOLLAR futures yesterday closed higher in moderate trade on late commercial buying interest, dealers said. "Traders were actively tracking US dollar movements in the afternoon before and after the opening of the London markets,'' a dealer said. December Eurodollar rose to 91.61 from Chicago's 91.58 and March to 91.92
      445 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      720 8 Advertisement Why Buy A Car When You Can Invest In One? Way back about 20 years ago, a BMW model 2002 could be bought for a modest $13,000. Currently this same model, vintage 1970, is selling for around $40,000 if one is lucky enough to find someone who will part
      720 words
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      Page 8 Advertisements Column 2
      73 8 r k Now pleasure is only 5 minutes away S from business. I > V U t A' T\ I I I I I < k x x Hyatt TOUCH Hyatt©Kinabalu International a? w Hvan Kinahalu International Jjljm IVatuk Sallch Nuking K«na kinahalu Sjb.ih Malavsia Telex: HOO.Vi |IYATKK I'd: <WX
      73 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon AMMB may move into commercial banking
      303 9 Bernama ARAB-MALAYSIAN Merchant Bank Bhd (AMMB). which recently announced a restructuring exercise, will look into the possibility of investing in a commercial bank and the setting up of a discount house when the opportunity arises. Its chairman. Tan Sri Azman Hashim, told reporters after
      Bernama  -  303 words
    • Article, Illustration
      Money markets
      74 9 THE overnight rate on the Singapore money was 1/16 point higher at 5-7/16 per cent yesterday. Term rates were all unchanged at 5-3/8. Indicates the ivtrage of the prime lending rate* of 12 ma|or banks In B'pors S$ Interbank rates at the close yesterday: Offer wo nhgN 5
      74 words
    • Article
      Lock icon Accusation of currency fraud
      76 9 Reuter CHINA yesterday accused some foreign businessmen of illegally using local currency to buy goods on the domestic market for export and said such practices were strictly banned. The People s Daily quoted an order from the Ministry of Foreign Economic Relations and Trade as saying
      Reuter  -  76 words
    • Article
      Government securities market
      106 9 Treasury bills Period Issue Yesterday's closing Day's code Maturity WD OFFER HIGH LOW 3 months BQ*****Z 04.01.90 4.20 4.15 4.20 4.17 6 months BS*****V 18.01.90 4.20 4.15 4.16 4.16 1 year BY*****F 24.05.90 4.37 4.32 4.34 4.33 Government notes and bonds Period issue Maturity Coupon Yesterday's closing
      106 words
    • Article
      World interest rates
      174 9 Interbank market rates (offer/bid) on Oct 10 US* DM SWFC Y«n 7 doy. 8 7/8 8 3/4 14 15/16 13/14 8 7 7/8 7I/4-7I/I 5 3/4 S 3/8 1 8 3/4 8 3/8 13— 14 7/8 7 13/16— 13/16 7 9/16 7/16 313/16—11/16 3 Mh 8 3/4
      174 words
    • Article
      Lock icon 'Government will not raise UK base rate above 15pc'
      307 9 AFP STERLING dropped below three Deutsche marks on the foreign exchange market in London on Monday for the first time in more than a year and dealers talked of a "full blown sterling crisis", but economists pronounced a further hike in
      AFP  -  307 words
    • Article
      NMB Singapore to raise $50m through note issuance facility
      317 9  -  FUNDS FOR WORKING CAPITAL NEEDS By QUAK HIANG WHAI JAPANESE electronics component manufacturer. NMB Singapore, yesterday signed an agreement with a group of banks here to raise Ssso million in the capital market. Proceeds from the five-year guaranteed note issuance facility
      317 words
    • Article
      Lock icon Millions unaccounted for at Jordanian bank: minister
      160 9 Reuter FINANCE MINISTER Basel Jardaneh said on Monday that an inquiry into Petra Bank, Jordan's second biggest commercial bank, had shown at least US$6B million unaccounted for. "What we have found till today is much worse than what we had envisaged." he said
      Reuter  -  160 words
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      153 9 i PRIME DEVELOPMENT SITE IN LAHAD DATU, SABAH, EAST MALAYSIA I n sk-/# I 2 j (SUBJECT //W X. 2 s. MMAM HUPP HCNG I i- iHb GWWNMENtI y > I IJ /rssr X LAHAD DATU v 1 a f T J\ TOWN CENTRE c2S» CJ customs X mxo on
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      Page 9 Advertisements Column 2
      180 9 Epson Printers can print letters, repots and money 100,000^^ $100,000 $100,000 $100,000 $*****0 1 > t i 1 $100,000 $10ftQ0Qi $100fl» j ~~^-SJW!jtBKKBBKKEKK^EtF $100,000 $100,000 $100,000 $100A30 i $10DjDOO 1 $I(XMX» i $100.000' Jfci* [jpj i:-£&&i $100,000 $100,000 $100,0001 jpw«YiSfS( ■■■■■■■■■■I > K||lslvlvlVlVl |ggMMMg*|AM|ggMMMA| It's the Epson Print Win Draw
      180 words
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  • FOCUS
    • Article, Illustration
      Lock icon Dismantling of the Eastern bloc
      591 10 Unprecedented changes are taking place in Eastern Europe following the radical reforms Mikhail Gorbachev initiated in the Soviet Union two years ago. FOCUS looks at the current developments that are bound to have far-reaching consequences, not just for the Eastern bloc, but for the capitalist
      Reuter  -  591 words
    • Article
      Lock icon Hungarian reformers win control, but problems remainn
      590 10 AFP REFORMERS won the lion's share of the seats on the executive committee of the newlyformed Hungarian Socialist Party, but at the cost of concessions that could cause new tensions, according to some analysts. At least 13 of the 24 seats on the
      AFP  -  590 words
    • Article
      Lock icon How oppressors become heroes in East Germany
      631 10 AP IN 1953, the Soviet army crushed an East German workers' uprising. In 1989, East German protesters chanted "Gorbi! Gorbi!" during the Kremlin chief's visit marking 40 years of Communist rule. The Red Army was a stark oppressor for East German citizens 36
      AP  -  631 words
    • Article
      Lock icon Czech leader's lament turns into a radio hit
      609 10 Reuter A PURPORTED tape recording of Czechoslovak leader Milos Jakes addressing a closed-door meeting of Communist Party officials is providing amusement for the growing number of his critics. The recording, which has Mr Jakes bemoaning a lack of popular support for the
      Reuter  -  609 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      93 10 The Swire Group M 4 Our new flights will get you into the swing of Hong Kong before Take the opportunity to treat yourself or your business contacts On Friday, Saturday or Sunday you can now catch a 9:2oam flight, to a weekend of lively, sophisticated entertainment in Hong Kong.
      93 words
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      753 11 Send and receive faxes with your computer? Yes. If you you can't be around. ProFAX II does everything by itself. And if faxes provide the computer, we'll provide the technology. come in while you're out, don't worry; proFAX II THE POPULATION OF WHALES SINCE 1900 These are me figures you
      753 words
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  • PERSPECTIVE
    • Article
      A second wind for Mandarin
      535 12 BUSINESS TIMES WEDNESDAY, OCTOBER 11, 1989 TEN YEARS after the launch of the Speak Mandarin campaign by the Prime Minister, the cacophony issuing forth from the Tower of Babel that is the Singapore dialect scene is giving way slowly but surely to a common tongue.
      535 words
    • Article, Illustration
      Where, oh where, is that silver lining?
      1259 12  -  Hongkongers will today hear Governor David Wilson's State-of-the-Territory address. In his speech, Sir David is expected to announce a massive package of infrastructure projects designed to see the colony through the next decade and beyond. But Sir David in some ways a man
      1,259 words
    • Article
      Lock icon European airlines forge ties to form mega-carriers
      919 13  -  As politicians and economists work tor the unification of business in Western Europe, COTTEN TIMBERLAKE reports that airlines also are finding it advantageous to give up fierce and destructive competition, and to collaborate. COTTEN TIMBERLAKE AP EUROPE'S AIRLINES are rushing to ally themselves
      AP  -  919 words
    • Article
      Lock icon Reforms allow Chinese resurgence in Vietnam
      919 13 AP ON MARCH 24, 1978, students and soldiers burst into Tran Tuan This factories, ordered them closed and confiscated all his goods in the name of the socialist transformation of South Vietnam. Now, more than a decade after being pauperised, Tran heads a private
      AP  -  919 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      180 12 a» i msi -t If i jH v9H I Hnki ff T vl f nBl n. I// w"-* I -r* I I H Hp- £j v. j-. 5 jJ Vj3 .*< a>g| r--V<>:> ■>' .->*7 V SUaoy 4 *.>~.:V. vi >,' 4 -*-A «H: Y A.i- v- v ""Sf. v
      180 words
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      Page 12 Advertisements Column 2
      277 12 MEAN A lOT AT SHERATON lITTIE THINGS MEAN A lOT AT SHERATON lITTIE THINGS MEAN A lOT AT (S) W o x Z Z 5 w Z H Z o We have recently renovated our conference z Meet us venues, giving you a choice of 4 different 2 < "ii
      277 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 OoßfoDQg) A I me GORDON BU>e,OUpTfernag#?F|v l .—y SfM-KIONCLLA ON TM£ J rvxf»s re* c dropped r clanggrJ \C VRigmT s U>ITH TQPRV£ ujmcm yio 12. V f gjjg »w» mmmm on*, mi 'W o>l
      35 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      114 13 The Sportivo 02 Designer Ferdinand A. Porsche Manufactured by IWC Schaffhausen Case in stainless steel or stainless steel Jp/ with 18 carat gold bezel Water-resistant to 60 meters With and without chronograph PORSCHE DESIGN PORSCHE DESIGN Singapore Porsche Design Boutiques Galenes Lafayette Ise'an Orchard Metro Grand Me*ro Marina Studio Accessories
      114 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Fierce debate expected over fate of elephants
      736 14 WILDLIFE AFP DELEGATES from IG3 countries opened a key conservation conference in Lausanne, Switzerland, on Monday that could decide whether elephants, one of the largest mammals and symbol of the world's fast-vanishing wilderness, will survive or follow other species down the road to
      AFP  -  736 words
    • Article
      Lock icon Close encounters of the Tass kind
      904 15  -  MEDIA By ESTHER B FEIN NYT EVERYONE SEEMS to be coming to the Soviet Union these days; entrepreneurs in search of joint ventures, actors looking for stage sets, heavy-metal musicians, arm wrestlers, even aliens. According to the official press agency Tass, towering extraterrestrial creatures
      NYT  -  904 words
    • Article
      Lock icon Poles bet thousands at new casinos despite crisis
      628 15  -  CASINOS By TIMOTHY HERITAGE Reuter FORGET the hard times gambling fever has hit Poland with the opening of three luxurious casinos and some Poles are staking thousands of dollars a time despite the country's economic crisis. The casinos have been allowed to
      Reuter  -  628 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      248 14 v Where tv entertain... Where to entertain... Where to entertain... Where to Some of our best advertising is by wordof-mouth. BHPRS For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****10 or *****85 ext *****/6. PALM 9 CjRII-1. THtWISTINPIA/A WESTIN
      248 words
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      Page 14 Advertisements Column 2
      198 14 Bubbling, Steamboat i Buffet AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles Ssls+ LU per adult fumo count noKEi. WCMJW Sslo+ per child [pi1 1 Tanglin Road Jljp, Singapore 1024 years.
      198 words
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      Page 14 Advertisements Column 3
      237 14 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nlghtty. Opening hours Monday to Sunday 11am to lam Friday and Saturday 1 lam to 2am Live entertainment y S HWT REGBCYQSNGAPORE 10-12 Scofts Road.
      237 words
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      Page 14 Advertisements Column 4
      241 14 A> H Swing at f i withthe delightful a4By* sounds of the golden oldies HapwHours DdilN 5-Bpm for ONI;; prices JI Fashion show every Moo Wed Plaza Hotel I ||i|| 24 5) \ki here the service s good. ww the ambience great. the food simply morvelous l 1 An experience
      241 words
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      Page 14 Advertisements Column 5
      258 14 ENTER AND FEAST AT OUR GERMAN BANQUET TABLE Savour the works of our masterchefs as they lay the tables for a lavish feast fit for kings With over 60 German favourites, our German buffet lunch at The Belvedere is almost as good as a culinary tour of the country I
      258 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      214 15 enterfafci.... J I Happy I Hours In I The Park. I I Our early evening Happy Hour,-s at The fl Fountain Lounge are simply delightful. For H every drink you order you get the next one free. II Plus, you get 25% off bottle purchases. And II to make suit
      214 words
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      Page 15 Advertisements Column 2
      86 15 j' ALA CARTE DINING SIMPLY SPLENDID Looking for a new place to wine and dine 7 Then see you down at Oscars A la carte for lunch and dinner Superb food Satisfying prices Whether you're speedily entertaining a business colleague or lingering with your lady love, you'll find us simply
      86 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      554 15 tfTOWDaa ®as3asmi[D 20 Darned if she'll take dad out! (6) (6) (6) 22 Defeat the top people 23 It's a very bad thing for 22 Stink (6) W an oarsman (6) 23 Antenna (6) 24 A quiet wood (3) 25 Pursue doggedly (5) 25 Shine (5) 25 honL W h
      554 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1395 15 TV and RADIO Memories of another day siav A ,*^3 BhH jgaxsßim m. jpr^ She was Ilk* a wild chrysanthemum ramambartng a long-tost love Of//? C«0/C£ slightly chaotic. But things are now as SHE WAS LIKE A WILD CHRYSAN- quiet with numerou s sunken ships at THEMUM, /030pm. SBC /2
      1,395 words
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  • SPORTS
    • Article
      A close fight for Singapore
      573 16  -  SQUASH By A SURENDREN SINGAPORE'S chance of upsetting world number three England in the Singapore Airlines-Ascot World Squash Team Championship came close, but was narrowly despatched despite the 3-0 scoreline. Agreeing to play the number 2s first, evergreen Zainal Abidin took to the court against
      573 words
    • Article
      Lock icon Mike Tyson tells Albany kids to 'do the right thing'
      410 16 BOXING AP HEAVYWEIGHT champion Mike Tyson has served his time for speeding. It took about 90 minutes. Tyson, ordered to do community service by an Albany judge, held a boxing clinic Monday and then two sessions with youth in one
      AP  -  410 words
    • Article
      Lock icon IBF cruiserweight title-holder sets his sights on Iron Mike's belt
      304 16 AFP AS GLENN McCrory prepares to defend his International Boxing Federation (IBF) world cruiserweight title against South African Siza Makhatini next week, his long-term target is a bout with Mike Tyson. "I fulfilled a childhood dream when I became champion
      AFP  -  304 words
    • Article, Illustration
      Lock icon Defending champ moves to second round of Grand Prix
      244 16 TENNIS AP DEFENDING CHAMPION Slobodan Zivojinovic of Yugoslavia moved through to the second round of the Australian indoor tennis championships on Monday. but not before surviving a scare from an unknown Australian qualifier playing in his first Grand Prix event. Zivojinovic.
      AP  -  244 words
    • Article
      Lock icon Top seed absent as USSR's first pro tournament opens
      403 16 AP THE SOVIET UNION'S first professional tennis tournament was set to begin on Tuesday still awaiting its top seed, but with expectations high and a Moscow public hungry for another helping of top-class international sports. Pam Shriver, the No 1 seed
      AP  -  403 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      614 16 There's an easy way to mix business with pleasure >rv\ Subscribe to Business Times Ck "V XT SMBS. Jtlow would you like to keep abreast All your business needs with one paper. If you're a lucky winner, you'll enjoy: ttie latest business developments and A 7-day trip to Finland with
      614 words
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  • COMPANIES & STOCK MARKETS
    • Article
      SES nominating new chairman at AGM
      486 17  -  By MAGDALENE NG THE STOCK EXCHANGE of Singapore has set Oct 31 for its annual general meeting during which it will tackle some major issues including nominating a new chairman. In addition, two SES committee members from the stockbroking fraternity, Su E-Min, executive deputy
      486 words
    • Article
      Lock icon KLSE draft of compensation fund ready
      259 17 MBT THE KUALA Lumpur Stock Exchange has finalised the first draft of the proposal for setting up a compensation fund. Executive chairman Nik Mohamed Din Oatuk Nik Yusoff said the'proposal will be submitted to the Minister of Finance Datuk Paduka Daim Zainuddin once the
      MBT  -  259 words
    • Article, Illustration
      Lock icon AMMB's advice could work in UEM's favour
      721 17 wm mm*** HOCK LOCK SIEW ALL THE FINANCIAL arguments raised by independent adviser Arab-Malaysian Merchant Bank (AMMB) could not stop the Perlis State Economic Development Corporation (PEDC), Cement Industries Malaysia Bhd's (Cima) largest shareholder at 58.8 per cent, from taking up United Engineers
      HOCK LOCK SIEW  -  721 words
    • Article
      CSM suffers loss in spite of higher turnover
      300 17 COLD STORAGE (Malaysia) Bhd has incurred a loss despite an increase in turnover for the six months ended July 31, 1989. Although group turnover tor the period improved by 12.6 per cent to MsB4 09 million. CSM posted a loss of M
      300 words
    • Article
      Lock icon API discussing restructure of its bank borrowing
      190 17 Bernama AMALGAMATED Properties and Industries Bhd (API) is negotiating to restructure the group's bank borrowing to provide for existing and future working capital and to reduce its high gearing. Chairman Tan Sri Taib Haji Andak said in the company's 1988 annual report that
      Bernama  -  190 words
    • Article
      Lock icon 250 expected to attend DBS Bank conference on regional investments
      416 17 Bernama DBS BANK expects 250 local and foreign investment managers to attend its two-day conference on regional investments which starts tomorrow at the Raffles City Convention Centre. The conference will offer sessions on regional stock markets, Singapore's economic outlook, investment
      Bernama  -  416 words
    • Article, Illustration
      SES STII edges up to new post-Crash high
      1129 18  -  -by ABDUL HADHI AFTERNOON profit-taking pared gains made by the Singapore stock market yesterday morning from selected and speculative buying. "Despite some institutional interest early on, the market has been pretty quiet. And selling of some index stocks during the last hour
      1,129 words
    • Article
      Unit trusts
      310 18 Managers' prices Royal Trust Asset Mgt for Oct 11 IT S'pore Gr Fund 0886 0 945 (T Asia Foe Gr Fund 1 165 1 225 Singapore Unit Trust OCBC-SIMBL Investment i ne commerce The Savings Fund 107 1.13 Savers Capital Fund 106 1 12 S'pore Prog Fund 047*
      310 words
    • Article
      COMPANY MEETINGS
      56 18 INDUSTRIAL A COMMERCIAL BANK LIMITED: EGM at the boardroom ot United Overseas Bank Limited. 30th storey. UOB Building. 1 Bonham Street. Raffles Place, Singapore 0104. on Oct 16. Monday, at 12.00 noon. QULA PERAK BERHAO: AGM at Malacca Room, lower lobby, Shangri-La Hotel. Jalan Sultan Ismail. ***** Kuala
      56 words
    • Article
      SES SHARE INFORMATION
      6551 18 Gr't Qr's 1969 Tel Last Vol Day Last Quote CHv Dtv Y'W Nst M Cap High Low Cods Company Ssls or- ('000) High Low Buysr Ssller C'*r P/E Imll OCT 10 SESDAQ 275 120 t 4000 Amtek Eng 20* 267 5 179 267 262 267 288 12.0N
      6,551 words
    • KLSE
      • Article, Illustration
        Index ends at record high
        3831 19 SHARE PRICES closed mixed to slightly higher on the Kuala Lumpur stock market yesterday in hectic trading with medium- and lower-liners remaining well sought. However, strong buying of selected component stocks drove the 30-counter New Straits Times Industrial Ordinary Share Index up 12.14 points to
        3,831 words
    • REGIONAL MARKETS
      • Article
        Lock icon "Toyota launches new luxury car
        194 20 AP TOYOTA Motor Corp has introduced a new high-performance luxury car that Japan's largest car maker calls its new flagship automobile. The Celsior sports a eight-cylinder, 4,000 cc engine with 260 horsepower and a vast array of equipment, from an ultrasonic wave generator to dry
        AP  -  194 words
      • Article
        Lock icon Tokyo may take cue from dollar
        620 20 BROKERS: MARKET FATE HINGES ON FOREX RATE Reuter THE FATE of the Tokyo stock market, at least in the short term, hinges on currency rates and the magic number is 150 yen to the dollar, say brokers. "Market players expect that a yen/dollar rate
        Reuter  -  620 words
      • Article
        Lock icon Bond shares hit 10-year low
        240 20 Reuter BOND CORP HOLDINGS LTD shares fell five Australian cents to touch a 10-year low of 23 cents yesterday, a drop analysts blamed on concern about the company's overdue results and uncertainty about its multi-billion-dollar brewing deal. The stock later recovered to 25 cents but
        Reuter  -  240 words
      • Article, Illustration
        Stock prices continue to climb
        1341 20 Hongkong HONGKONG stocks continued their rally yesterday. The blue-chip Hang Seng Index rose 17.83 points to 2,844.04. while the Hongkong Index rose 11.27 points to 1.873.74. The All Ordinaries Index climbed 9.28 to 1,896.23. Turnover increased to H K 1.590 billion (U*****.85 million) from last
        1,341 words
      • Article
        Lock icon Manila: Mixed close
        103 20 Reuter SHARE PRICES closed mixed yesterday after a four-day surge and traders said the market was expected to move sideways for the rest of the week. The Manila stock exchange composite index eased 6.47 points to close at 1,236 42 The combined volume at the two bourses
        Reuter  -  103 words
      • Article
        Lock icon Bangkok: Slightly higher
        245 20 Reuter THAI STOCKS moved slightly higher yesterday in moderate trade dominated by strong local demand for construction and some smaller speculative issues, brokers said. The SET Index gained 2.64 points to close at 693 62 Brokers estimated that gains outnumbered losses by about 59 to 44. "Speculation
        Reuter  -  245 words
      • Article
        Taipei
        307 20 OCT 1* NT I lat Sac Fund AH Slncara Indua 34 80 +26 Aaia Camanl 163 00 11 Cathay Construe 144 SO +10 5 Cathay Ltta Ina 1060 00 +66 Chang Hwa Bank ***** +29 Chan Shin Rubbar 170 00 10 Chang Loong 77.00 5 Chia Haln Camant 134
        307 words
      • Article
        Lock icon New Zealand: Little change
        111 20 Reuter A PLANNED NZ$lOl million one-for-six cash issue by Robt Jones Investments sent New Zealand share prices slightly lower yesterday before they bounced back to end the day little-changed, brokers said. Brokers said although the impending drain on funds the issue will present encouraged a sell-off.
        Reuter  -  111 words
      • Article
        Lock icon Seoul: Slightly lower
        290 20 Reuter SEOUL STOCKS fell slightly yesterday as market sentiment weakened on concern about trade relations with the US as Trade Representative Carla Hills started three days of tough talks here, brokers said. The composite index, which was closed on Monday for a public holiday, fell 0.9 points
        Reuter  -  290 words
      • Article, Illustration
        Lock icon Share prices slip
        519 20 Sydney Reuter AUSTRALIA'S share market slipped to a weaker close yesterday due to concerns about the performance of Rupert Murdoch's News Corp Ltd and a fall in London share prices on Monday, brokers said. The All Ordinaries index finished 16 8 points down at 1756.7. News Corp
        Reuter  -  519 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips in fifth straight rise
        941 21 New York Reuter WALL STREET ended a sleepy session slightly higher on Monday, resisting early profit-taking as blue chips notched up their fifth straight record close. Interest in technology, airline and special situations fuelled the momentum, traders said. Volume, at around 87 million shares,
        Reuter  -  941 words
      • Article, Illustration
        Lock icon Mixed opening with firmer bias
        855 21 London Reuter SHARE PRICES opened mixed yesterday but with a slightly firmer bias after an early technical mark-up failed to find much support amid renewed Bank of England intervention to counter further sterling declines against the mark. One trader said, "Despite the pound's continuing weakness
        Reuter  -  855 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1291 21 Reuter PARIS: French share prices were firmer at mid-session yesterday, buoyed by a flurry of interest in leading financial stocks Paribas and Suez. The CAC-40 index was 9.58 points higher at 1,952.12 by 1230 GMT after opening slightly weaker at 1.940 96 BRUSSELS: Belgian shares started slightly
        Reuter  -  1,291 words
      • Article
        Lock icon Merck, Johnson & Johnson buy ICI's American division
        296 21 Merck, Johnson Johnson buy ICI's American division NON-PRESCRIPTION BUSINESS TO COST MORE THAN USs4som Reuter TWO OF THE biggest names in the American drug industry, Merck and Johnson Johnson, have agreed to buy the US nonprescription business of Britain's Imperial Chemical Industries pic (ICI) for over US$45O million. The acquisition
        Reuter  -  296 words
      • Article
        Lock icon GM in talks to secure minority stake in Jaguar
        351 21 Reuter GENERAL MOTORS of the US is considering taking a minority interest in British luxury car maker Jaguar and exploring joint manufacturing ventures. Share analysts said General Motors, the world's biggest motor manufacturer, might be aiming to thwart stake-building in Jaguar
        Reuter  -  351 words
      • Article, Illustration
        Lock icon Walton loses top spot in Forbes wealth rankings
        349 21 Reuter DISCOUNT STORE king Sam Walton lost his title as the wealthiest American on Monday and media mogul John Werner Kluge took over the No. 1 spot as Forbes magazine released its annual ranking of the richest 400. Mr Kluge, 75. founder
        Reuter  -  349 words
      • Article
        Lock icon Italian media firm buys into Saatchi
        401 21 FT SILVIO BERLUSCONI s Fininvest group has revealed that it had built up a shareholding of slightly more than one per cent in Saatchi and Saatchi, the troubled international marketing group. Fininvest insisted. however, that it did not intend to mount a takeover bid.
        FT  -  401 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      397 17 far east CFAgjfBSS ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733 5334 Europe's No. 1 air-taxi operator is now offering Its services from Singapore; corporate travel, leisure, medlvac and diplomatic flights; trading, leasing, financing and management of business Jets. 20 Kramat
      397 words
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      Page 17 Advertisements Column 2
      185 17 Keep your investment decisions on target CHARTPOiNT J Every Saturday in BT's weekly Personal Investment pages In 1884. nearly 20 years before the first humble aircraft t watches The Dreitling Aerospace is water-resistant to 100 metres and features on anti-glare coated sapphire crystal. analog and digital functions «f 80i6<V8i soo
      185 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      697 20 NOTICES In the matter of THE COMPANIES ACT, CHAPTER 50 and In the matter of IPSWICH INVESTMENTS PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of IPSWICH INVESTMENTS PTE LTD convened and held at 7500 A Beach Road. #12-307. The Plaza, Singapore 0719, on 5
      697 words
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      Page 20 Advertisements Column 2
      466 20 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 80) AND IN THE MATTER OF PLASTRONICB SOCKETS (SINGAPORE) PTE LTD (Incorporated In the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that pursuant to Subsection (1) of Section 290 of the Companies Act (Chapter
      466 words
    • Advertisement
      Page 20 Advertisements Column 3
      512 20 THE COMPANIES ACT, CAP. 50 CONTIFORMS OF SINGAPORE PTE LTD (In Liquidation) At a general meeting of CONTIFORMS OF SINGAPORE PTE LTD duly convened and held on the 6th day of October, 1988, the following speolal resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      512 words
    • Advertisement
      Page 20 Advertisements Column 4
      175 20 The Tokyo and Bombay markets were closed yesterday. TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 30th September 1989, regarding the beneficial ownership of the issued share capital
      175 words
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      Page 20 Advertisements Column 5
      9 20 The Taipei report was not available. CHARTPOINT every Saturday
      9 words
  • Page 20 Miscellaneous
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      262 21 (Incorporated m the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING r NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of Rothmans Industries Limited will be held at the Registered Office of the Company, Virginia Park, 905 Bukit Timah Road, Singapore 2158, on Thursday 2nd November 1989 at
      262 words
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  • Article
    Lock icon Beijing set to boost collectives
    437 22 AFP THE CHINESE Communist Party will soon tighten its grip on the country's 800 million peasants to strengthen socialism and boost rural collectives weakened by 10 years of reform, a published report said on Monday. Calling the effort a "major move", the English-language China Daily
    AFP  -  437 words
  • Article
    'HK people can do something for themselves'
    760 22 PM LEE'S BBC INTERVIEW NO COUNTRY will fight China over preserving the future of capitalism in Hongkong. But in their own way, the people there can do something for themselves. This they can do by withholding their contribution which currently yields profits for
    760 words
  • Article
    Lock icon Bond firm renews bid for Philippine nickel refinery
    340 22 Reuter AUSTRALIAN Alan Bond's Dallhold Nickel Management Pty Ltd is hoping to reopen talks with Manila for the purchase of a multi-million-dollar nickel refinery in the southern Philippines. But the government, which awarded the project to the Philip-pine-based Cabarrus group, said it
    Reuter  -  340 words
  • Article
    Lock icon Talks on American bases will not involve treaty negotiations, says Manila
    164 22 AFP PHILIPPINE Foreign Secretary Raul Manglapus indicated in Manila yesterday that talks on US military bases in December with the American government would only be exploratory, and would not involve treaty negotiations. "We are not ready to say that
    AFP  -  164 words
  • Article
    Lock icon Warning of other threats to ozone layer
    414 22 AFP THE MUCH-PUBLICISED CFCs, or chlorofluorocarbons, are by no means the only chemicals in commercial production which are destroying the earth's protective ozone layer, the ecology group Greenpeace said in London on Monday. The group said that some of the other dangerous chemicals,
    AFP  -  414 words
  • Article
    Lock icon 'E Germany wants to hire Chinese to fill vacancies'
    238 22 AP EAST GERMANY wants to hire 80.000 Chinese to fill positions left vacant by the legal and illegal emigration of thousands of young skilled East Germans to the West, a Vienna newspaper reported on Monday. The respected Austrian daily Der Standard,
    AP  -  238 words
  • Article
    Not defamatory to say PM criticised Church, says defence QC
    844 22  -  PM LEE'S LIBEL SUIT AGAINST FEER By SHOEB KAGDA NO RATIONAL READER will think less of the Prime Minister if he takes tough action against the Catholic Church if there is legitimate reason to do so. argued Queen s Counsel
    844 words
  • Article
    Lock icon Shearson to scale down Australian operations
    219 22 AP SHEARSON LEHMAN HUTTON Inc plans to close its Australian interbank foreign exchange, financial futures and stock brokerage activities. The New York-based investment house said in Sydney that the restructuring was part of a shake-out among Australian stock brokerages and foreign exchange institutions, which
    AP  -  219 words
  • LATE FILE
    • Article
      Lock icon EC-Soviet pact by year-end
      39 22 Reuter THE SOVIET Union and the European Community, meeting for a second round of negotiations, hope to conclude a 10-year trade and economic cooperation accord by the end of the year, EC diplomats said. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Asean rejects Soviet call
      40 22 AFP ASEAN nations have rejected a call by Moscow and Hanoi that a UN debate on Cambodia be cancelled and the country's UN seat be vacated, Thai Foreign Minister Siddhi Savetsila said in Bangkok yesterday. AFP
      AFP  -  40 words
    • Article
      Lock icon S Korea to mull over US demand
      36 22 AP SOUTH Korea agreed yesterday to consider a US demand to open its market for high-grade foreign beef as a first step towards lifting all restrictions on beef imports.
      AP  -  36 words
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      Lock icon Laurel sues newspaper
      34 22 Reuter PHILIPPINE Vice-President Salvador Laurel yesterday filed a U*****,000 libel suit against The Manila Times newspaper over a story linking him to an alleged plot to assassinate President Corazon Aquino. Reuter
      Reuter  -  34 words
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      Lock icon Pope sounds caution
      59 22 AP POPE John Paul II yesterday cautioned against any violation of the right of religious freedom in Indonesia. Religious freedom is enshrined in Indonesia's Constitution and it is up to the state to ensure that "religious freedom is indeed a fundamental human right", the Pope told a
      AP  -  59 words
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      Lock icon MAS rejects offer
      53 22 Bernama MALAYSIA Airlines has rejected the compensation offer by Boeing Commercial Airplane for the delay in delivering two Boeing 747-400 aircraft. MAS managing director Tan Sri Abdul Aziz Abdul Rahman said yesterday that the airline would, instead, make a counter-pro-posal to the rate offered by the BCA
      Bernama  -  53 words
    • Article
      Lock icon Raise working hours: minister
      46 22 Reuter WEST GERMAN Economics Minister Helmut Haussmann said that the working week should be 40 hours, three hours longer than the current working week. He said that there were not enough workers to meet the demands of West Germany's booming industry. Reuter
      Reuter  -  46 words
  • Article
    Lock icon Comex gold and sliver
    70 22 Reuter COMEX gold futures were off slightly in mixed early trade yesterday. Values opened higher than expected but reversed almost immediately. Spot October was US$O.6O lower at U*****.50 an oz. December gold slipped 0.50 to U*****.90 an oz. Comex silver futures were up slightly early yesterday.
    Reuter  -  70 words
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      269 22 why a)BOTTOM WHEN YOU CAN START AT THE TOE No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire Purchase and Lease
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      Page 22 Advertisements Column 2
      7 22 Bond share* hit 10-year low, PAGE 20
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      Page 22 Advertisements Column 3
      7 22 More stories on PAGES 4 and 10
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      Page 22 Advertisements Column 4
      138 22 The URA Sale of Sites Programme has always generated much interest from the public. This lunch talk examines both the desirable and undesirable effects of the Sale of Sites Programme with reference to the timing, conduct of the sale, planning considerations and how private developers can rationally approach it in
      138 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        New handbook from PSA
        72 23 A HANDBOOK "Singapore Tide Tables for 1990 and Port Facilities", has been published by the Port of Singapore Authority's Hydrographic Department. It is now available for 5512.00 a copy from Motion Smith (Tel No: 220-5098). The publication contains daily prediction of tidal heights and tidal streams
        72 words
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        Lock icon Indian bulk carrier refloated
        32 23 Reuter THE INDIAN bulk carrier Hardwar, 47,311 dwt, which ran aground in Indonesian waters Oct 5 has been refloated and anchored for underwater inspection, Lloyd's Shipping Intelligence said.
        Reuter  -  32 words
      • Article
        Lock icon Assessment on Venezuelan tanker
        72 23 Reuter WORK IS CONTINUING to assess the damage and begin repairs aboard the 29,926 dwt Venezuelan naphtha tanker Independencia 11, which caught fire after an explosion in its auxiliary boiler on Sep 19, Lloyd's Shipping Intelligence said. The explosion occured while the vessel was berthed at
        Reuter  -  72 words
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        Lock icon Suit to overturn commission ruling
        110 23 Reuter CHEVRON USA, a unit of Chevron Corp, said partners in the Point Arguello Project filed a lawsuit seeking to overturn the California Coastal Commission's ruling prohibiting tankering. The commission in August overturned a Santa Barbara County decision that would have allowed the tankering of
        Reuter  -  110 words
      • Article
        Lock icon North Sea platform gas leak sealed
        139 23 AP A LEAK on an unmanned North Sea gas platform was sealed on Monday, a day after it forced the evacuation of 70 workers from a nearby drilling rig, the Conoco company said. The leak occurred on the out-of-service Vulcan II rig in Conoco's
        AP  -  139 words
    • Article
      Lock icon Orders from S Korean yards up 47pc
      150 23 AP SHIP ORDERS to South Korean shipyards between January and September rose 47 per cent from the same period last year to 2.07 million gross tons, including 2.04 million tons in foreign orders, the Korea Shipbuilders Association reported yesterday. The orders involved 120
      AP  -  150 words
    • Article
      Index to advertisers
      1168 23 ABC Cortoiwii'w XI 5 Accord Shpg VIM 3/4 AFS Xlli 3 Ahronk»oi bnor XM 5 AC Toopfor XIII 5 Arroocon Niogtm XII 4 Arrow linos XI 5 Assoc Corriogo XHI 5 ANl til 1/2 AFC lift* VII 4 API V 3-5 ASCI V 1 Atlas lin« XII
      1,168 words
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      MISC to commission tankers in mid-1990
      302 23  -  By ZULKIFLI ALWI MALAYSIAN INTERNATIONAL Shipping Corporation (MISC) is expected to commission its four 30,000 dwt chemical tankers by the middle of next year. A tanker, the Bunga Anggerik, which was delivered to the MISC on Sep 17, has been deployed. The vessel arrived
      302 words
    • Article
      Ace's return to IGA expected to stabilise Far East-Europe trade
      513 23  -  NEW FEFC TARIFF STRUCTURE SLOTTED FOR DEC 1 By LINDA CHEE Shipping Correspondent STABILITY may return to the Far East-Europe trade next year when the three-member Ace consortium, which includes Neptune Orient Lines, rejoins the Inter-Group Agreement (IGA) on Jan
      513 words
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      Thailand as regional shipbuilding, repair centre?
      210 23 THE THAI Board of Trade (BoT) is likely to support the promotion of Thailand as a regional centre for shipbuilding and repair and to encourage Thai shipbuilding workers in Singapore to return home. BoT chairman Yukti na Thalang expressed support for the idea this
      210 words
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      Lock icon Volatility in shipping markets
      313 23 Reuter r PERIODIC VOLATILITY in both the tanker and dry cargo markets during the next two years. coupled with a period of consolidation in shipbuilding, is forecast by London-based shipbroker H Clarkson In its latest half year review, Clarkson said there is evidence of a slowdown
      Reuter  -  313 words
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      Lock icon Soviet official confirms US corn purchase
      66 23 Reuter THE SOVIET UNION, the worlds largest grain importer, has bought around four million tonnes of US corn recently. Mikhail Ageev. deputy chairman of Exportkhleb. on Monday confirmed rumours in the US of recent purchases Mr Ageev said the corn was for shipment before
      Reuter  -  66 words
    • Article
      Lock icon Kuwait studying bids to build 11 tankers
      293 23 AP KUWAIT IS STUDYING bids to build 11 tankers to cope with the increasing world demand for oil, the daily Al-Oabas daily reported on Monday. It quoted Abdul-Fattah alBadr, chairman of the state-run Kuwait Oil Tanker Co, as saying "the new tankers would
      AP  -  293 words
    • Article, Illustration
      Lock icon Yang Ming prepares to join exclusive round-the-world containership club
      919 24 •THE TAIWANESE OPERATOR IS SET TO EMULATE EVERGREEN AND SENATOR LINIE Lloyd s List "WE HAVE unquestionably the the cheapest fleet in the World. It is even competitive with Evergreen. Shipping is a necessary part of the world economy shipping remains
      Lloyd s List  -  919 words
    • Article
      Lock icon Weekly freights
      871 24 AFP THE LONG-AWAITED autumn upturn in shipping freight rates finally arrived this past week, triggered by the Soviet Union's return to the market, and later sustained by increased business. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) climbed 49 points on the week to 1,469
      AFP  -  871 words
    • Article
      Lock icon Iran determined to complete petrochem plant
      77 24 AP IRANIAN Oil Minister Gholamreza Aqazadeh said on Monday his country is determined to complete a problem-plagued petrochemical plant the Japanese refused to finish. Mr Aqazadeh. speaking at a press conference broadcast on Teheran television and monitored in Nicosia, said work on the war-batlered
      AP  -  77 words
    • Article
      Lock icon Breakdowns pose new problems for Moscow
      232 24 AP AS MOSCOW'S first snowfall ushered in an early winter last week, the transportation network broke down with supplies of every kind stuck at railheads and ports throughout much of the country. More than two million tons of imported cargo sit in Soviet ports
      AP  -  232 words
    • Article
      MacGregor-Navire to buy Dan-Elevator
      113 24 MARINE CARGO access equipment company Mac-Gregor-Navire has started on its new growth strategy by acquiring Danish specialist marine elevator manufacturer Dan-Elevator. Dan-Elevator, which has an annual turnover in excess of FIM 30 million, has a scope of production ranging from passenger elevators for luxury cruise vessels
      113 words
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      Container schedules/Ships in port
      2301 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Ad Goocfcorov 5*M«9 mow 1800 11/1415 11/1445 NA 2 Q9 X FOI 12 0000 12/0030 NA 2 Andre Star 6N *****9 1900 11/1515
      2,301 words
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      Lock icon ILA, shipowners sign tentative pact in New Orleans
      173 25 Reuter THE INTERNATIONAL Longshoremen's Association and shipowners reached a tentative contract agreement, averting a possible strike, officials said. The contract, which must still be ratified by the members of three local unions, is a 14-month pact rather than the three years first
      Reuter  -  173 words
    • Article
      London Freights
      1060 25 LIMITED fixing emerged on the dry cargo freight market on Monday and the Baltic Freight Index only managed a one point rise to 1.470 after a series of respectable gains last week. Brokers blamed this week's holidays in the US and Japan for the thin fixture list, athough
      1,060 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9954 32 Evar Ooup Evargraan Oct 11 Koartoon Bay. Trlol Oct 11 HaMMbarg Eipraaa Triot Oct 11|MQ. Maarak Roaardam Maarak Lma. Oct 12 Noraaia Samandia Noraaia Lma Oct 13 Kang Ha Ctana Ocaan Sbpg Oct 14 Ming Moon Vang Ming Una. Oct 14 Vina
      9,954 words
  • Page 23 Advertisements
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      53 23 "The Illustrated Encyclopedia of Wildlife" PMMMRk Fortnightly at all $ooil bookshops m-g s-stands. BTP Dbtrtbuton Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National UllS j Ma! Shipping Association. vSBPJy For advertising and circulation enquiries, please call Business Times Tel: *****11, Fax: 253-2821, Tlx:
      53 words
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      Page 23 Advertisements Column 2
      243 23 MB Avmtabh at good bookahopt —-s==SS Federal Publication* MAKING THE RIGHT BUSIHESS DECISIONS STARTS WITH A SUBSCRIPTION TO 1 SINGAPORE BUSINEM h' HI\M DUNHILL ELITE WATCH r "I I SUBSCRIPTION RATES te Ounhill Elite is aj 12 issues of Singapore Business S$4X truly distinctive of Singapore Business and I copy
      243 words
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      Page 23 Advertisements Column 3
      157 23 INSIDE Yang Ming to join race Taiwan's state-owned operator, Yang Ming, is set to the round-the-world service by 1994, possibly as a private company. The carrier expects to gain in stature and kudos as a fully paid-up club member and may well emulate the success of its illustrious Taiwanese rival
      157 words
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      106 24 MMH- BRUME! AIID MRAMUK FREIBHT CONFERENCE Og EAST/GULF OF ADEN AND BED SEA POBTB CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:Aden Congestion surcharge of 10 percent
      106 words
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  • Page 25 Advertisements
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      1899 25 j N£ SHI^P?BrXBffSo \lllfi 200 Cantonment Road #12-06 Southpomt. Singapore 0208 Alllf/ Ttl *****11 TELEX HO RS ***** H If fjILIVI TERMINAL CFS Tel *****18 220 I DXOa I BOOKINGS Tel *****34 23S .v'TrL LSSm p.ui.co .-ci k, c>^,ii. y wrnmm •OUT EXPORT kmbuwyak [im lew an lure inrx veskuvoyak
      1,899 words
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      Page 25 Advertisements Column 2
      2412 25 Vaaaai Voy ETA ETP 'Port 'Panang cr*— i"/io OTOC'H«S rtMln Tlm M fvoo 4* IHB HUH IK SIHh^hSBUBHB cn 14/10 HOP MHB M Tauro OAK LOB HOU MEM ATI. MIA CHS BAL PHL WYC MOW TOW mar it m. aaoa 17/10 18/10 12/10 14/10 «/n «/n a/11 *11 11/11 14/11
      2,412 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1172 26 rottehoamTl VOY WO 3 PORE P. KELANO SOUTHAMPTON HAMBURG BHCMCRHAVEN ANTWERP LE HAVRE HEIOELBERQ EXPRESS 03/SB6 12/10 14/10 1/11 3/11 5/11 6/11 *11 KOMA.OON BAY #3/501 12/10 7/11 31/10 3/11 30/10 6/11 ALASKA MARU 07/906 16/10 20/10 7/11 6/11 11/11 12/11 14/11 MOWTE ROSA 04/SO3 16/10 13/11 17/11 6/11 6/11
      1,172 words
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      Page 26 Advertisements Column 2
      518 26 NORTHBOUND TO UKC STORE V, 25 Wt 1/11 1301 17/11 IVY BANK V-2SH om vy VU 13/17 TAUSALA SAMOA V.ICN W 5/1 101 14 1 •Alm Acn«Un( FCL ta *—-r-»iTr»^.niT t ttiif ■Q» l iTtiia»*»ii.'Brtliil.rili»i+iin I SOUTHBOUND TO PAPUA MEW GUINEA J (ASIA-SOUTH PACIFIC JOINT SERVICE) MM MORAY BANK VUS
      518 words
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      Page 26 Advertisements Column 3
      1328 26 -p- a. AATIIXJt nWIMBWIa WWUTO t*t m.mmm 1 c*a M9MMmxA &xwm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE, VSL/VOV S,N ALC BCL FEL HAM BRE ROT ANT LHA (VIA (VIA fVJA NORASIA SAMANTHA M 29 3 13/10 2*lo 2/11 4/lI 7/U W Iff IWI S IMI ARABIAN SEA I3OM
      1,328 words
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      Page 27 Advertisements Column 1
      1500 27 fijjg Steamers Maritime Holdings Ltd P&O I pnw STRAITS SHIPP NG I I Containers SSrJjßar w moBJBH omos una um am uii bw «w ru accepts cargo DOC SAILS 5m 2w mi SI! wl rajah oroom V23C *«ra. l* wt «-u Oct uod uod gam MM aim llfll v/u Wll
      1,500 words
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      Page 27 Advertisements Column 2
      1476 27 TO: EUROPE TO: FAR EAST SP lh ROM HAM WC FIX SPORE NK KAO Ml HANJIN ROTTEROAM NM 14/11 N/11 MfU M/ll «(U M(U NANJIN LEMAVRE MM 1*» WM »/M CMOYANC CHANCE NM 21/W MAI N/11 MfU Ufll UO} CMOYANC PARK MK *N ?£H hanjin lemavre obm wi ani wi
      1,476 words
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      Page 27 Advertisements Column 3
      317 27 SPECIALIST IN HEAVY LIFTS I JAKARTA I ETA SPORE 16/10/89 I ETA JAKARTA 20/10/89 |i; M.V. SEKI MATSUYAMA Voy 80 I*: I IMLintermaritimej SOUTHERN AFRICA SERVICE I DWECT MONTHLY SAMJNQS I KK SPORE PK PL DM CT m.nr iw 9V «n mu wi w IZr ■■.vw wj jii mi w
      317 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      825 28 i'i ill iilll k il lIJ tin—a IRANIAN SERVICE I Singapore Loading for:- I MAN MEELAD PJL TU M Oct BANDAR ABBAS I IRAN TIYFOOm Pit m IS Oct BANDAR ABBAS cium/«AI»»I BHUKX g f v T^ g (■/MILK CONTAINER) ETA SPORE GUAM SAIPAN SPAmt V? 30 OCT 11 NOV
      825 words
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      Page 28 Advertisements Column 2
      672 28 (P) HANJIN SHIPPING FULL CONTAINER SERVICE I..__ I,■ I'haven Fitowe FHDtI «L VN LINE HAUL LAX OAK i4/io i/ii 2/u 3/11 5/11 6/u isj ii mi JMI 21/10 1/11 9/11 10(11 12/11 W1 4/11 I 22/11 23/11 24/11 26f1l 27/11 HA,U, _J2L H WW 11/11 I 2*ll 30/11 1/12 l/U
      672 words
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      Page 28 Advertisements Column 3
      195 28 I GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR lIV R SERVICES (fORTNiGHTI SAlllNGi HONG KONG PORT KEIANii PrNANG BANGKOK ALSO ACCEPTING CARGO TROM I HONGKONG TO MALAYSIAN PORTS VESSCI C-TA. VOT HKC BM PNC PK BKH MKC MV HONG Ql 187 4/» SW 11/10 15/10 25/10 05/10 M/V
      195 words
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      Page 28 Advertisements Column 4
      1421 28 "f "i IFF 1111 fI i ever gifted W W WivE w %2 2m iff X i? *3 I ever greet vol am vu «u wwuiwiwlwiMsiMmii£2jiig| I ALSO ACCEPTING CARGO TO. I I mSSmL MUoamA MMMMUI. wimACTo.omowAw.ww, I a atlanta. cmcAoo. Detroit columrus ona mm* mcmmkmc destinations I lite i
      1,421 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1042 29 PACIFIC INTERNATIONAL LINES (PTE) LTD igag-iMW J PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 Tfab east vobcl VOY SIN JKT MY VOY hkq kao km yok noo kos bus majapamt «6M i*n* ivi* »no mmb M/ 1* vn tm VII «m QOWA MM wil J/11 4/11 MNB
      1,042 words
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      Page 29 Advertisements Column 2
      199 29 SMPPW© SOW IBHE> Ivcati |pkl |pco |sim |kuc |mua Ikk Ism |ta« law jonan mum aw aju min ffw am joman iii wum ivu um aw H/u nna ant m JOHAN ii mm |sm \m m |i4/n\vn» |ayn|a/n ACCEPTING FCL/LCL REEFERS. HEAVY Lin UP TO TONS MNQAPOM: K)0 NAN SNIPPING
      199 words
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      Page 29 Advertisements Column 3
      719 29 l^lj S'PORt P KIANC STOK HAM B*HAVCN tOAM KAVtt I m.<ifc»i (ipr«t apt ant jvm jai vu vu yu bf Ur» Kll an vil wit vu B aimU Man in HW ?A1 <A 1 IVU I2AI MAI I Mitai IVM UAI 7AI VU VU MAI I lk P br apt
      719 words
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      Page 29 Advertisements Column 4
      416 29 l| j DJASAGETRI A Joint Europe Service Of: P.T. OJAKARTA LLOYD P T 6ESURI LLOYD P.T. SAMUDERA IHDOHESIA P.T. TRIKORA LLOYD Ir n EXPRESS tim CtNTAMIBSJNf SERVICE! SMSAPtRE Tl EVMPf VSL/VOY .SPORE ANTWERP H'BURG/ (ACCEPTING CONVENTIONAL ANO WaTAINERIStD CARGO) UU I CONTAINERISED CARGO) SONBAI7WB 118-Ufll Ilßfli IVU (ACCEPTING CONVENTIONAL ANO
      416 words
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      Page 29 Advertisements Column 5
      466 29 MYANMA FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) S'pore P.Kelang Penang Bangkok PAGAN VMM 11/13 Oct HPA-AN VI4SW 2217* Oct PAGAN VI47W B/Jl 0^ THE BANK LINE 1 EXPRESS TO PAPUA NEW CUINEA~I MORAYBANK VI3S UJIO (CALLING KIMBE N OROBAY COLUMBUS SINGAPORE V2S 27/10 DIRECT) (PNG ports:
      466 words
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      1197 30 N. I I ®ifilili VOY *INOO "PK/PNG fsGP LB CHLS NfK NYC MFX H OOCL FAITH It 9/10 10/10 12/10 4/11 14/11 li/11 11/U 22/11 OOCI FRIENDSHIP IS 16/10 17/10 19/10 11/U 21/11 23/11 25/11 21/11 NEPTUNE JAO€ 21 23/10 24/10 26/10 11/11 21/11 30/11 2/12 6/12 OOCL FORTUNE 17
      1,197 words
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      Page 30 Advertisements Column 2
      619 30 EXPRESS CONTAINER SERVICE Accapdwy FCUTCX CtßMnm SmtHfi P R*m( Pwan| Llllm tor MMw tu By Fwfer »r Faadar ML i OAS 17 Oct Fiwu/IMb/SfdvAM TULSIDAS *44 3 Nov a Oct a Oct Frwi/Mafc/SxkvAdal KALIOAS 7OK lOK lOK Fmn*Mb/Sy*/AM TULSIOAS V.4S NOk II OK II OK Frw*Mb/Sr*VMtf KALIOAS ¥.47 a*a a
      619 words
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      Page 30 Advertisements Column 3
      509 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD m-'-i -i 21 Trio* *»f Strrrt I SINCAPOAf 0101 TIL >MNU (10 LIN£S) Far U4HO« STR AITS/ PCRSI AN GULF SERVICE: S por. P KHm fw« QINC PENC 2 Karadk/Dubat/Kimait Oct OOUXN aONOU CaMa/KarecMMai WTI Oct CHINA SMVICf USMUI HumpWSkanda. a Oct DAI
      509 words
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      Page 30 Advertisements Column 4
      758 30 I mm EAST/MB EACT Ftt LO. SHMCE I VESSEL ETA SINGAPORE DESTINATION I TBN 22/11. M/M DUBAI, DAMMAN, KUWAIT, I DONA, MUSCAT BAHRAIN I AM DHABI 4 SMAJUAM TBN I** ai» JEDDAM fLCU WEEKLY I I AQAiA, HOOEIDAM Itw wTmni. miotic ko«£, tokyo «amST"S KAOHSIU&C, MAM ILA BAW6KOK. BUSAN, JAKARTA
      758 words
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      Page 31 Advertisements Column 1
      1417 31 Ateflts S pore KPTWt AGENCKS 1 VTV 7 M Ganartl Booking] Bookints Inward/ Ttrmnal CFS W H ssr w* 1 £r as? e Pl|il m asr ss» S *****19 *****16 YE^\'^ sr =-~*v. 23,041 *****11 *****48 \W MHH (CR NO. **********0E) \NEPTUNE ORIENTUNES_ITD 11 Pi nw VBl/VOY RN PIC 9GP
      1,417 words
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      Page 31 Advertisements Column 2
      957 31 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG p KELANC HESS*S NAI THONG SHIPPING 127 IWg StraaL Panaxf. Malays* M/S HANDLING SYSTEM CO
      957 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      526 32 r yiinSß-LIHESM^ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT RDM HBC RST N. CECIELSKI VSN 12/1* 3/11 3/11 4/11 7/11 E. TMAELMANN i/K 11/10 2/H~ Ufll 11/11 13/11 14/11 RUEKIAND VMS aHT 14A1 Mfll 14/11 21/11 21/11 W. ULMtCHT
      526 words
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      Page 32 Advertisements Column 2
      540 32 Eonterml GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH EUROPE HAMBURG. ROTTERDAM ANTWERP Also provide Transshipment, Door-to-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. S PORE TEL: *****33 FAX: *****91 P. KELAMQ TEL: 03-*****37 FAX: 03-*****71 MANILA FULL CONTAINER SERVICE VESSEL I VOY I SING I
      540 words
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      Page 32 Advertisements Column 3
      1112 32 Assmm^^ ASEAN PORTS BANGKOK sailings a week Ngow Hock Agenot Co Ltd BKK (Tel: *****80) VESSEL VOY SINGAPORE BANGKOK PIYA BHUM Mgl Wtd UiW ht I M/M JENLINK U*N Thur 12/U Sun 1»M THANA mm 42SN Frl 13/ M M— jgg CHAIYA BHUM 01W Fri 13/ M Wm M/M MOAN*
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      140 32 SIGNIFICANT WEATNER AND SEA CONDITIONS AT 7.30 A.M. OCT 11, 1989 LEGEND R Thorvdrrstofm Temper, /C\ Wmd d*ect»or» with %p««<J knots Ro,n Wow. he.ght Cloudy Sky Sur+oc* winds or# mdKOtcd by orrowt wfwcfc My witk thm wind Q On# tuN cwclw represents calm or light and vonoble wmds 1 One
      140 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1102 33 I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI I LANKA SRIMANI 71W 20/10 30/10 I LANKA SIRI 129W 21/10 I LANKA ATHULA 50W 30/10 11/11 13/11 I ALSO ACCEPTING CARGO (FCIACL) FOR I A) IN WAN PORTS I MADRAS TUTICORIN COCHIN MANGALORE BOMBAY I B) ARABIAN GULF PORTS I SHARJAH DUBAI, BAHRAIN
      1,102 words
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      Page 33 Advertisements Column 2
      345 33 Aethnpun SWPWS LME (National Lin# of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PCN/PKQ ETA LOMMNQ F<* NETSANET 14/10 MOMBASA. OMOUtI vov 1«WB USA* MASBAWA hOOECAM MV A.NCMMET 31/10 OAMESBALAAM MOMBASA. MBOUTI vov irwe assas massawa. hoocdam ASSAV WONI 23/12 OAMESSAIAAM MOMBASA MBOUTI VOV 22W8 ASBAB. MASSAWA MOCEIOA* Other ports along the
      345 words
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      Page 33 Advertisements Column 3
      1751 33 < r« > CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 HONGKONG/ CHINA 17/10 21/10 BANGKOK 14/10 A 10/10 P. KELANG/PENANG 13/10 A 20/10 BUBAN 10/10 A 24/10 KEELUNG/KAOHSIUNG 15/10 A 22/10 MANILA 10/10 A 23/10 JAKARTA 14/10 A 21/10 SYDNEY/MELBOURNE 15/10 A 27/10 FREMANTLE It/10 ft Vll PORT MOREBBY/LAE 10/10
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      Page 34 Advertisements Column 1
      894 34 CSR OCERPSeruice JS J LCL/FCL SERVICE TO/FROM J II flB J GFopMIMOWf 600 terminals/off teas in UJ.A. II /KK\ M OF® over eO,OOO points in U^A. M o«w*"«•«• LCL/FCLMrvkm PENANG KL: allied-LINK SINGAPORE: /^7^\ 04-*****2 03-*****55 778 6522(22 lines) SEES X# M*in« On® Sumo N«/Christin« Chtow Elaina Tao/Esthw Yap EXPRESS
      894 words
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      Page 35 Advertisements Column 1
      793 35 VZ2DI 2 COMPANIA PERUANA 5 DE VAPORES j f "PERUVIAN STATE LINE" J j ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FRO* 4 CALLAO, MATARANI, ILO* i OTHER PERUVIAN PORTS* 2 WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. J 4 Parang* P. Kttonf Slwpfri J A HURRA YEVERETT Gdn.K3o/12 Oct j
      793 words
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      Page 35 Advertisements Column 2
      638 35 FULL CONTAINER SERVICE kcmUm FCL/LCL urpM to USA Last ft Wot CoMt, CarribbMn.iMt Canada, HAITI GuaTamaU and Honduras VOL lO PORE fcOAINLHMR tA» fc»T |UV [NYC I ZIM VENE2IA 12/10 2IM GENOA 1/11 17/11 M(ll B/ll DUI CM BRISBANE MTU HM KEELUNC Ql/ll «1 WU NU [iU im guam apt
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      Page 35 Advertisements Column 3
      602 35 Msing kwang hang SHIPPING a TRANSPORTATION (PTt) LTD WEEKLY LCL/FCL SERVICE [vessel Is pore Jakarta I Surabaya JENHOL 137 14/10 17/10 IA VESSEL |1110 14/10 I VESSEL [SPORE [BANGKOK A VESSEL 11/10 14/10 IA VESSEL 115/10 IS/10 DCSTMATIONS ETA SINGAPORE PORT KELANG 13 OCT MANILA 13 OCT HONG KONG. ALL
      602 words
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      Page 35 Advertisements Column 4
      519 35 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI 302-303 A IN PT IN PT 13/10 13/10 PRASETIA 32-33 A 14/10 15/10 17/10 17/10 PRABHAKTI 304-30SA 17/10 18/10 20/10 20/10 PRASETIA 34-35 A 21/10 15/10
      519 words
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      Page 35 Advertisements Column 5
      431 35 pm SHI 15/10 KEELUNG/KAOHSIUNG 14/10 BANGKOK 13/10 MANILA 14/10 JAKARTA 13/10 PORT KELANG/PENANG 12/10 BUSAN 17/10 TOKYO/YOKO/KOBE 16/10 HONG KONG also aca carp) I to Huanapu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai m EUPt/W 14/10 LDN/FLX/LVP/SOU 14/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to ail Europe inland destinations SIM 12/10 L.A./NYC/SFO 16/10 VANCOUVER/TORONTO/MONTREAL Hi jgHjUMBLggLMI 18/10
      431 words
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      Page 36 Advertisements Column 1
      1201 36 A HYUNDAI igmasßSßiaßi MERCHANT MARINE CO., LTD. HK3332SBaiI2B3Hi EASTBOUND TO USA WESTBOUND FROM USA 1 TO PSW SIM HKC LBH OAK SEA FROM PSW IBM OAK SEA HKG SIN HYUNDAI EXPLORER 2CE 13/10 19/10 00/11 00/11 12/11 HYUNDAI CHALLENGER 27W 12/ M 15/ M 17/ M OS/IO 12/10 HYUNDAI COMMANDER
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      Page 36 Advertisements Column 2
      988 36 JE CONTAINER LINE r~T TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST I PO*T KELANC U/1# 155 MANILA UfISTMfIO PENANG 13.10 «20 10 BUSAN 12 10 I VtfKi BANGKOK IS Id 1110 TOKYO 1110*14,10 HONG KONG 11 iO *I*lo KOBl I*lo HflO CHINA i;
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      Page 36 Advertisements Column 3
      544 36 UK/CONTINENT (TRIO! iMMf| M rnntigi AadM, MM—i. MM Tmt> iib ..s p«" p mmi r*m rwi rim rtm u* iwa ALmaMHJ Ifl/M Hi m *U nil Uftl wi SXZZI MM says— la g lis 5§ x ii 1- I?"——.—— MEDITERRANEAN (MED CIUBI* JEDDAH llNfunlP Wmi r<M> rnWirtmi Tnwfc SIN JCDOA*
      544 words