The Business Times, 8 November 1989

Microfilm: NL16864
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, NOVEMBER 8, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    258 1 Dow down PRICES of blue chip stocks opened weakly in Wall Street yesterday, with the Dow Jones industrial index down 3.07 points at 2,579.10 points just after the opening bell. Trading was moderate with 8.7 million shares having changing hands at that point on the New York
    258 words
  • Article, Illustration
    Easier close on regional markets
    244 1 REGIONAL STOCK MARKETS closed lower in moderate trading yesterday, following Wall Street's overnight fall. The Dow Jones Industrial Average tumbled 47.34 points to 2,582.17, its sharpest drop since Oct 13, when the 30-share index plunged nearly 191 points. Share prices in Singapore eased in quiet
    244 words
  • Article
    Lock icon Manila forecasts 6pc growth
    117 1 AFP THE PHILIPPINES is expected to average 6 per cent annual economic growth over the next two years but double-digit inflation is feared up to mid-1990 and external imbalances will persist, say officials and businessmen. As President Corazon Aquino left for a North American tour at
    AFP  -  117 words
  • Article, Illustration
    HK group lauds S'pore immigration plan
    522 1  -  By FOO CHOY PENG, Hongkong Correspondent SINGAPORE'S immigration scheme for Hongkongers has been held up by a political body and a legislative councillor in the colony as a model for emulation by other countries. The Civic Association says that the United States, Australia, Canada
    522 words
  • Article
    Workers getting higher built-in pay increases
    581 1  -  ABOUT 400 UNIONISED COMPANIES HAVE COMPLETED WAGE TALKS By ANNA TEO WAGE SETTLEMENTS negotiated to date indicate higher built-in pay increases for workers this year. Some 400 unionised companies or over half the number in the private sector have concluded this year's wage negotiations.
    581 words
  • Article, Illustration
    Wearnes and UEL buy combined 7.6pc stake in US-based Qume
    406 1  -  By WILLIAM CHIA WEARNE BROTHERS Ltd and United Engineers Ltd, two members of the OCBC stable, have jointly acquired a combined 7.6 per cent stake in US-based computer product company Qume Corp. Wearnes' involvement is through its technology arm, Wearnes
    406 words
  • Article
    Lock icon Pro-democracy march in Moscow on anniversary
    131 1 AFP MORE THAN 5,000 people, including a group of radical deputies, marched for democracy in Moscow yesterday as tanks rumbled through Red Square to mark the 72nd anniversary of Soviet power. In Armenia, red flags were burned during a unofficial demonstration by more than
    AFP  -  131 words
  • Article
    Lock icon Malaysia's CPI rises 2.9 per cent
    139 1 Bernama MALAYSIA'S average consumer price index (CPI) rose 2.9 per cent over the first nine months of this year, the Statiatics Department said yesterday. The major contributors to the increaae were the indices for two major groups food (which rose 4 per cent on
    Bernama  -  139 words
  • Article
    Lock icon Guangdong to bar foreign investment in property
    449 1 Reuter GUANGDONG PROVINCE. China's southern economic showcase, has decided to halt almost all foreign investment in property, according to a Chinese government document. Hongkong property developers said that the decision signalled a retreat from Beijing's open-door economic policies championed by senior Chinese leader
    Reuter  -  449 words
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      108 1 brother Laser Printers Electronics Typewriters^^^ Word Processors Dot-Matrix Printers Facsimiles Full report, PAGE 16 Regional markets, PAGE 18 World markets, PAGE 19 ITTi i I f4l} y yjM j I Rk L... Small and medium-sized companies can obtain financial assistance of up to $2 million under the Small Industries Finance
      108 words
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      218 1 i u-nr-1, COMPANY SERVICES >4 |i MPT hp v NEWS 15 Aircraft Schedule 5 k Mil I k I I MUI proposes bonus Asian I Market 8 yj mam mm yj and rights issues Commodities 7 Editorial Comment: 10 Japanese economy 4 UEM to take control- ru. ALS: All's well
      218 words
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      Page 1 Advertisements Column 3
      10 1 Reports from Asia-Pacific Economic Cooperation Mooting In Canberra, BACK PAGE
      10 words
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      Page 1 Advertisements Column 4
      168 1 NEW AGE COPIERS Convenient, reliable feature-packed Sote Agent WEI TAH CO PTE LTD TEL: *****61 Delisting: the options WITH the Singapore Stock Exchange's impending split with its Malaysian counterpart now a fait accompli, brokers this side of the Causeway are racing against time to saivage what will be lost. Today,
      168 words
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  • HOME NEWS
    • Article
      Computer manufacturers to take part in Las Vegas fair
      399 2  -  FOCUS ON NICHE AREAS TO GAIN STRONGER FOOTHOLD By JAYARAM MENON SINGAPORE COMPUTER and computer accessory manufacturer* are focuaing on niche areas in order to gain a stronger foothold in the US market. This will be the thrust of 17 Singapore
      399 words
    • Article
      Big Four banks have no plans to revise housing loan rates
      216 2 THE BIG FOUR local banks are sticking to their present housing loan rstes despite the latest move by OCBC Bank to push up its prime lending rate. Yesterday, OCBC Bank jacked up its prime rate by a quarter of
      216 words
    • Article
      Sale of Gold Maple Leaf coins good
      173 2 MORE than 30,000 ounces of Gold Maple Leaf coins produced by the Royal Canadian Mint have been sold in Singapore during the first nine months, well above the turnover of 20,000 ounces for the whole of 1988. Albert Cheng, the South-east Asia manager
      173 words
    • Article
      CPF board to collect Chest donations
      144 2 DONORS to the Community Chest of Singapore's SHARE Progrsmms can now make their monthly contributions through the CPF (Central Provident Fund) Board instead of through their employers. This is bscause the CPF has agreed to the Community Chest's requeet to act as a collecting
      144 words
    • Article
      TIBS to spend $250,000 on new public image
      257 2 SESDAQ-tISTED Trans Island Bus Services (TIBS) aims to spend about $250,000 to enhance and change its public image through an advertising campaign. Due to begin next month, the campaign in the mass media is being orchestrated by public relations firm Hill and
      257 words
    • Article
      NUS offers new Masters programme
      92 2 THE National University of Singapore will launch a new Masters programme for the academic year 1900-91. Called the Masters in Social Sciences in Economics, it will come under the Depsrtment of Economics snd Ststistics. The 12month programme covers course work and the sub- mission of
      92 words
    • Article
      Corrections and clarifications
      108 2 RESPONDING TO BTs story on Monday headlined UDMC may be listed early next year', Urban Development and Management Co Re Ltd has cisrified that it doe* not own Chip Bee Qarden, bungalows along East Church Road in Changi and 370 old colonial bungalows located mainly in the
      108 words
    • Article
      MEMO-PAD
      467 3 Seminars and courses Nov 8-10 Negotiating Skills for SIM Management Singapore *****66 Supervisors and House Institute of Monogers Management Nov 9 How to Build and Amara Hotel Institute for *****21 Improve Customer International Service Research Nov 10 Corporate law. Hotel New Otani Datasearch *****31 Liabilities Offences Resources Nov 10
      467 words
    • Article, Illustration
      Govt hangs carrot for contractors
      499 3  -  QUALITY WORK QUALIFIES BIDDERS FOR 'PREFERENTIAL MARGIN' By LEE HAN SHIH, Property Correspondent A NEW incentive system to be introduced by the government could give a contractor who has done good quality work a $5 million advantage over his competitors in new projects. The Construction
      499 words
    • Article, Illustration
      Architects and engineers urged to share burden
      407 3 PROFESSIONALISM among contractors will remain a myth unless architects and engineers share both the responsibility and liability that are inherent in a building project, the president of the Singapore Contractors Association Ltd (Seal) said last night. Speaking at Seal's annual dinner, Jimmy Koh
      407 words
    • Article
      TDB mission to urge Aussies to use S'pore warehousing services
      272 3 A SINGAPORE trade mission will visit Australia next week to woo more companies there to use Singapore's warehousing and distribution services. Mission members will meet major producers and exporters of bulk commodities. said the Trade Development Board In a statement
      272 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      178 2 Repeat Business Is Earned Through Trust? Paulme Goh. Director, Commercial A#encv As Director, Commercial Agency at Richard Ellis, Pauline It's no secret that Pauline gives a new definition to the term Goh's track record is impressive. In fact, since last year, over 'dedication'. But that's not so different really. All
      178 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      207 2 WEATHER^ and weather^orecsst City Max/ Note OUTLOOK: Shearers MM over several ereea In CO tie afternoon. ••port for 24 hour* prior Aberdeen 11/04 Shown to 7.30pm on Now 7 at Amsterdam 12/07 Showers airport. Alton 18/09 Windy Mex ls«p *1.7 Auckland 21/13 Cloudy A»*oc tamMNy M •angkok 32/25 Shown ,_T
      207 words
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  • Page 3 Advertisements
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      103 3 IF|P| TAe oui/ook //^ose. 11l fAe 6nd of a tough do/. A/o /wrc# B pl Veflg-fed, you Suddenly tfie phone nryg??£§y"if) jfe L.........1 i-ecrefor/ af Vefcotr). Can you maKe dinner with fne bo» Po t>'irds time, to jo home tfnd C[\anye. and a froyer: (And a udl oWlled boftleof Matey
      103 words
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      Page 3 Advertisements Column 2
      135 3 a In Beijing a wise trader recognises value. For business travellers to Beijing who desire a superior level of accommodation, Shangn-La International presents the superb new Traders Hotel With its central location in the China World Trade Center, and with the prestige and reputation of the Shangn-La family, it represents
      135 words
  • Page 3 Miscellaneous
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  • FOREIGN NEWS
    • Article
      Lock icon Target is to open up Tokyo markets: business leaders
      505 4 JAPAN'S BUYING SYSTEMS BIGGEST OBSTACLE, SENATE PANEL TOLD AP. AFP AMERICAN business leaders have told a Senate panel that they are interested in opening up Japanese markets not protecting American markets. Business leaders also told the Senate Finance Committee's international trade
      AP.; AFP  -  505 words
    • Article
      Lock icon US satisfied with progress made by Seoul, Taipei
      307 4 Reuter AFTER YEARS of criticising Taiwan and South Korea for trade policies that have led to large surpluses with the US, American officials and private economists are expressing some satisfaction over the pace of deficit reduction with those countries. The two countries'
      Reuter  -  307 words
    • Article
      Lock icon More foreigners get special permission to work in Japan
      352 4 NYT A TOTAL of 6,800 foreigners, most of them language teachers, were granted special permission to work in Japan laat year for Japanese corporations, up 77 per cent from the previous year. The Japanese Justice Ministry disclosed on Monday that 3,300
      NYT  -  352 words
    • Article
      Lock icon US and Japan oppose curbs on carbon dioxide
      380 4 NYT THE US ANO JAPAN have refused to accept strong measures on curbing the release of carbon dioxide into the atmosphere Attending a 70-nation conference on global warming in Holland. representatives of the two countries said they would not endorse a commitment
      NYT  -  380 words
    • Article
      Lock icon Jakarta will not pay tin debt, says official
      215 4 AP INDONESIA will continue to refuse to accept any responsibility for debt left by the defunct International Tin Council, of which it was a member, an official said In Jakarta yesterday. Sutopo Prawlronoto, spokesman of the state-owned PT Tambang Timah Tin Co.
      AP  -  215 words
    • Article
      Lock icon Philippine stock market booms while govt trims growth targets
      314 4 Reuter THE Philippine economy is sending out mixed signals, with the stock market booming while the government trims its economic growth targets and inflation hits the highest level since President Corazon Aquino waa swept to power. Central Bank sources in Manila
      Reuter  -  314 words
    • Article
      Lock icon Aquino appeals for investment from Canadian firms
      234 4 Reuter PHILIPPINE President Corazon Aquino, shrugging off strsst clashes st home aa unimportant, appealed to Canada on Monday for investment funds to conaolidsts hsr country's economic gains. Mrs Aquino is on an eight-day tour of Canada and the US. She told the business
      Reuter  -  234 words
    • Article
      Lock icon Delayed SAARC meeting to start
      244 4 AFP FOREIGN MINISTERS of seven South Asian nations begin a much-delayed conference in Islamabad today which analysts say is a clear aign of a breakthrough for the troubled grouping. After months of bickering between Indis and its neighbours Nepal and Sri Lanka, the tnres countries
      AFP  -  244 words
    • Article, Illustration
      Lock icon Runaway wages pose problem for Korean economy: minister
      350 5 Reuter SOUTH KOREA facee a crisis managing what haa suddenly become a "highwage economy". Trade and Induatry Minister Han Seung-eoo aaid yesterday. After years of depending on low wagea to ensure its international competitivenesa, South Korea muat strive to increase productivity through
      Reuter  -  350 words
    • Article
      Lock icon European Community to include Poland and Hungary in GSP scheme
      396 5 AP POLAND AND HUNGARY are to benefit from European Community trade concessions following a decision on Monday by EC foreign ministers. The decision means that the two Eastern Bloc countries will pay no or low tariffs on their exports of
      AP  -  396 words
    • Article
      Lock icon British finance plan finds little support from EC
      397 5 AP SEEKING to brake th« drive towards European monetary union. British officials on Monday offered an alternative go-slow approach but appeared to gain little support. Britain's Foreign Secretary Douglas Hurd said the plan "was commented on lightly" by foreign ministers of the
      AP  -  397 words
    • Article
      Lock icon Rural factories badly hit by Beijing's austerity policies
      536 5 AP ABOUT one million rural factories, one of the great success stories of China's past decade of reforms, have shut down this year because of the government's tough austerity policies. Another several hundred thousand enterprises have either stopped production or shifted to
      AP  -  536 words
    • Article
      Lock icon Nixon briefs Bush on China policy
      334 5 Reuter US PRESIDENT George Bush heard former preeident Richard Nixon report on China at a personal White House briefing on Sunday and has decided the time is not ripe for a diplomatic reconciliation with Beijing, a Bush spokesman said on Monday. Mr Nixon, who
      Reuter  -  334 words
    • Article
      Lock icon Ease shortages carefully: Gorbachev
      350 5 AP SOVIET PRESIDENT Mikhail Gorbachev told economists to be cautious as they try to ease shortages and strengthen the rouble because he said consumers will rebel against radical change, according to a report published on Monday. Mr Gorbachev's comments were aimed at economists who argue that
      AP  -  350 words
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      31 4 fr&cher AUGUST FROSCHER GmbH CO.. KG is proud to appoint Studio Line Private Limited as the sole agent in Singapore, Malaysia and Indonesia logic the chair that results trcm logic. j
      31 words
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      Page 4 Advertisements Column 2
      76 4 <£k Ten temptations for lobster he month of November is the right time to indulge in lobsters to your heart's content. Our chefs created a menu that presents lobsters in ten Pepper Baked Lobster, 1 Steamed Lobster with Ginger 1\ m Paces subject to 10% service charge and 3% cess
      76 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      56 4 Doonesbury by garry trudeau HI, BILLY MHBRBSURPRISE I BUTTS! WHAT IJUSTUJANTTO TTSOKAY, BOY! SORRY 7HZHSU- I 7 BUMPED INK) I AFZVOU POiNG TALK, MR. BILL. BABY. IF IT TMLATBf HAVE YOU I AMOLDFRIFND IAMK H H£RB* I THOUGHT NO TOUCHING, Ge& ROUGH, BeeN? I'VB I OFYOURS I THAT? mm ITXVYOUTO
      56 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    969 5 ARRIVALS Operator g dffViCl numbtf Local HPK From SU SQ683 0715 TPC MAS MH640 0820 KUL KAL KE624 0840 KUL MAS MH651 0900 PW •AW •AO It 0903 LHft MAU MK/SQ742 0910 MRU/KUL MAS MM630 0920 KUL SU SQ103 0950 KUL CPA CX710 1000 CGK SU SQ151
    969 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      264 5 The business person's choice every Tuesday, M M I m %IV I Thursday, Saturday and Sunday, leaving Changi ■■iIK I I I Airport at 22:05 nours and arriving at Logan I U I I I International Airportthe following aajr. Call your travel agent or Air Canada at 732 JJJX Aj|A
      264 words
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      Page 5 Advertisements Column 2
      162 5 l i' i ju_jy 'JE ■■^^■|Mk jfcfc jfTJB v x <1 ds ''^B?'" ihl Xf^CTMLV i-.".vMl i h. 4 v..- s.x.-faaaM B HHBI "Y^MMHf*rfc lyjT j&i+t pESSfcrSi.'* When your business is on the move, you need Fly the world's first airline. Your guarantee for an airline that keeps up. professional,
      162 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      253 6 M^-i 1 lH ir^?jorl The Novecento, by IWC. The Novecento in 18kt gold with leather The only rectangular automatic with wristband. perpetual calendar and moon phase A symphony in four movements, featuring display, in 18kt gold. the perpetual calendar with moon phase display. The latest work to come out of
      253 words
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  • COMMODITIES
    • Article
      Produce Prices
      182 7 ChlneM Closing prim on Novembw 7 Exchange Coconut oil (MS/1 00kg) SoNors' non dosing prtcos on Now drvms 133.00 Huimbir 7 (S$/100 kg) 2nd hand drums 127.00 Coconu* oil J!"® Bulk FOS 90.00 ***** 6o,k CXd drum FOB 104.00 Copra (M$/100kg) NowdnmFOl 100.00 (#(tatw) 63.00 Copra No 2
      182 words
    • Article
      Lock icon Crude Oil and Products
      134 7 Telerate FUEL oil continued side ways in Singapore. Market sentiment was mixed and players cited limited PPT avails and a lack of demand to support their views. Sell indications for CSTIBO were between $96-8 mt fob Sing. CSTIBO and CST3BO differential remained at $3-4 mt. An
      Telerate  -  134 words
    • Article
      London Markets
      178 7 London total sales in parenthesis Commodity copp«r Qwdt a Exchange 3-mon#» 1638/1639 (1669/1670) luy.r/Mkr do** prion sita^S on Nov 6, (t/toon. unleo So1 14 spedfied). Previous dosing Tin (U8$/tonn«) prices In parenthesis. Ca* 7160/7200 (7150/7300) Collee 3-montfw 7330/7360 Basis kt-store London, toilers nnrim OF IMUIM, 7130(7170) r?,£,r- |w|
      178 words
    • Article
      Lock icon Soybean
      167 7 Reuter CHICAGO Board of Trade soybean futures closed 51/4 to 2.0 cents per bushel lower on Monday. Late selling was thought to be In sympathy with the sharp drop In US stock prices, floor sources said. Soybean futures headed lower near midsession and then extended loesee about the time
      Reuter  -  167 words
    • Article
      Lock icon Palm Oil
      580 7 Bernama MALAYSIAN CRUDE PALM OIL FUTURES finished slightly easier on the Kuala Lumpur Commodity Exchange (KLCE) yesterday on lack of fresh leads and long liquidation Trading was quiet as most operators preferred to be sidelined on news that the Palm Oil Regiatration and Licencing Authority's (PORLA) latest report
      Bernama  -  580 words
    • Article
      Wheat
      126 7 LATE speculative buying lifted CBOT soft red winter wheat futures and contracts closed with thin gains on Monday. Values traded on both sides of unchanged throughout the session Commission house Shatkin bought about 1.0 million bushels of Dec and 1.5 million of Sept to lead futures higher late. Commission
      126 words
    • Article
      Rubber
      205 7 SINGAPORE: Rubber prices closed slightly lower yesterday with Dec 1 RSS buyer quoted at 163.50 cents a kg. down half a cent from Monday's close. Trading was quiet. On the TSR-20 Award market, prices closed marginally down. Dec buyer was quoted at 150.50 cents a kg, half a cent
      205 words
    • Article
      KL Tin
      93 7 The Kuala Lumpur Tin Market price doeed anolhei six cams higher at 19J8 rtnggM par kg yeelerday on further European and hrrai shortcovering. Turnover toN to 35 tonnes from 130 on Monday. The KLTM price differential to LME widened further to US$56 per tonne Tin futures rebounded to
      93 words
    • Article
      RAS and MRELB
      359 7 RAS prices in 3 cmmq, fob m t>*t** NOON CLOSE Buyers Selteri Buyer* Setters lot 1 RSS Prompt 161.00 162.00N 160.50 161 JON bit 1 RSS Dec 164.00 164.50 163.50 164.00 Int 1 RSS Jon 90 167.25 167.75 166.75 167.25 bit 2 RSS OP 159.50 161.50N 159.00
      359 words
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      Page 7 Advertisements Column 1
      53 7 I V ;v V g v "v-: W 9wmmwmwww9 jlllf|||| t y Livens <■!■'■ k '^3£-■ r > V y^«"? y< ;s* r i* V ;V f y Every Monday, Thursday Sunday, you'll be able to fly the world distance record holder, the Qantas LONGRE ACH, 747-400. The world s
      53 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Asian dollar market
      264 8 Reuter ASIAN dollar depoeit ratee finished eaaier yeeterday againat Monday'a close, after thin trading. The weaker rates reflected a decline in New York stock prices and the US Federal Reeerve's addition of reaerves through US$2.5 billion customer repurchase agreements. Tuesday/Wedneaday and week-fixed cloeed at 8-11/16 8-9/16 pet,
      Reuter  -  264 words
    • Article
      Comex gold/silver futures
      161 8 Gold futures on November 6, 1989 100 toy ounca* USS par troy ounca Opon M0I Law Mh -f/• Na« Ml JO JjOO OK 3*2.30 3*4.40 3*1.20 3*340 2J0 Jon 90 3*6.00 240 Fob 3*7.30 3*900 3*3*0 3*430 >2*0 Apr 390.50 392*0 390.00 ***** 240 km 395.30 397.00
      161 words
    • Article
      Forex markets
      1012 8 SINGAPORE: THE DOLLAR ended lower in cautious trading yesterday, with underlying sentiment mixed due to a lack of fresh factors. The dollar fell to 143.65/75 yen and *****/75 marks against New York's Monday close of 143.86/91 and 1.8516/28. Bank of Japan dollar selling intervention at 144.00 yen in
      1,012 words
    • Article
      Lock icon IMM
      280 8 Reuter IMM CURRENCY futuras finished a quiet aaasion mixed on Monday, after many contracts tracked the stock market through much of the session Japaneae yen, Swiss franca and Weet German mark futuree ended near sees ion lows. The stock market pared losses late and dealer selling in currencies emerged,
      Reuter  -  280 words
    • Article
      Government securities market
      96 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OfFER UGH LOW 3 months 6Q89W2A 01.02.90 4.43 4.38 4.43 4.38 6 months BS*****V 18.01.90 4.43 4.38 1 year BY*****Z 18.10.90 4.35 4.30 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BIO
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    • Article
      Money markets
      68 8 THE overnight rate on the Singapore money market was 1/4 point higher at 5-7/16 per cent yeaterday. One- and two-month term rates were all unchanged while the three-month rate rose by 1/16. S$ Interbank rates at the dose yesterday: Of*W MO Ov«r 3 7/1* S 3/1* lHMMti 3
      68 words
    • Article, Illustration
      World interest rates
      174 8 •Mcatoe #w mng* of pvtaM londbtg ralM of 1S motor hanks la t'poro Interbank market rataa (offer/bid) on Nov 7 US$ DM SWFC Van 7 4mr* 7/B 3/4 l« 14 7/B 1 7 7/1 7 J/1 J/l 1/1* J IS/14 I J/« IS I/*—IS II/M-7U/I4 7 15/U-ll/U
      174 words
    • Article
      Options
      684 8 CURRENCY FUTURES OPTIONS Tuesday Novambf 7, 1989 DCUTOCHEMAAK (MM) DM M mm Dm Np* 51 53 54 1 i 091 M piM n 73 73 CURRENCY FUTURES OPTIONS IMM Monday, Houmta.i 6, 1989 BWTMN POUND tttJN; ewtf9 par C Mm Km Da*-* Mar-c 1325 444 19* 5.20 ISSO XI4
      684 words
    • Article
      Lock icon Simex
      447 8 Reuter Eurodollar future* ctoeed Armor yesterday In active trade on commercial buying and late poeWon adjustments. Dec EaredsNar roee to 91.47 from Chicago's 91.44 and March to 91.86 from 91.82. Around 20,790 lots were traded. Three-month Euroyen futuree doeed stsadisr on some buying Intereet following firmer TIFFE prices. Dsc
      Reuter  -  447 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      735 8 Advertisement j A Time to Work, A Time to Play Munich is the capital of the West German state of Bavaria, a dynamic city that is synonymous with two of the world's most remarkable phenomenons: Oktoberfest and BMW. The Bavarian people work hard; BMW automobiles, reknowned the world over as
      735 words
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      Page 8 Advertisements Column 2
      199 8 FOR SALE BY TENDER MIDPOINT ORCHARD UNITS #05-01/02 OWN A PIECE OF 'GMZA' IN SINGAPORE PRIME FREEHOLD OFFICE FLOOR IN ORCHARD ROAD (wHfc pwllty to coavort to ratal rso) Unique chonra to buy ono «Mo floor of o buUmg in Singapore's prim* sh<xn*nft/touns} (telnet Orchard Rood Hoi Sdoohlo Area is
      199 words
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  • BANKING AND FINANCE
    • Article
      Precious Metals
      391 9 HONGKONG: Gold ended firmer yesterday as early Swiss buying, local short-covering and the belief that frustrated stock investors would switch to bullion boosted prices by nearly US$l. Bullion rose to U*****.40/90 from U*****.50/381.00 in New York on Monday. "Gold will meet heavy resistance at US$3B2," a dealer said.
      391 words
    • Article
      Lock icon Cost of funds to go up
      295 9 Bernama THE COST of funds will be slightly higher for financial institutions with Bank Negara's latest ruling to raise the statutory requirements by one percentage point to 5.5 per cent effective from Oct 16 this year. Bank Buruh said on Monday. This is because
      Bernama  -  295 words
    • Article
      Lock icon BIS study shows drop in financing
      281 9 Reuter NET INTERNATIONAL financing slowed in the second quarter of this year, largely due to reduced growth in bank Innding, the Bank for International Settlements said in a study. After allowing for double counting, total net international financing in the BIS reporting area of
      Reuter  -  281 words
    • Article
      Asian $ market breaches US$300b mark
      310 9 Asian market breaches US$300b mark TOTAL assets of the Singa-pore-based Asisn dollar market rose by about US$l4 billion in August this year to cross the US$3OO- msrk for the first time. The Monetary Authority of Singapore (MAS) said in its latest monthly statistical bulletin that total assets of the offshore
      310 words
    • Article
      NZ govt guarantee for DFC liabilities ended in 1977
      393 9  -  By HONG LEE TIAM THE New Zealand government yesterday issued a statement to all major banks in Singapore to clarify its obligations to the collapsed Development Finance Corporation New Zealand Limited (DFC). In a three-page statement issued through the New Zealand
      393 words
    • Article, Illustration
      Lock icon Morgan Grenfell holding talks with Barclays and other institutions
      455 9 FT MORGAN GRENFELL has announced that it is holding talks with a number of other organisations, among them Barclays, which may lead to a takeover of the 150-year old merchant bank. Mr John Craven, Morgan's chairman, said that the discussions with
      FT  -  455 words
    • Article
      Lock icon Islamabad to relax gold imports rules
      171 9 Reuter PAKISTAN is to relax regulations on gold imports, allowing gold to be brought into the country without a licence so long as it is transferred through the state-run National Bank of Pakistan (NBP). The official news agency APP reported a government spokesman saying
      Reuter  -  171 words
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      80 9 <V I |T; -r* V* £2j if, CSSC < v I*J \K V r *>• I-- '•^'^>,«^^&.<3^«Ai, »'f%v •v» -V-*^«fr. j^T"-.* *>t^' V J' > ''c: *y> j^- > y > .'■< -.<*!; •T^i*¥ a 'gWrSft 3 gr^^ -JHfl f r '^?;6' -.^V^- v f £<$*'%;$■ -i < :./v-. *-1
      80 words
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  • PERSPECTIVE
    • Article
      ALS: All's well that ends well
      527 10 SINGAPOREANS have s way of bouncing back, of coming to terma with new imperatives, no matter how unpalatable they are. This trait was again put to the test just over five months ago when the evening ALS (area licensing scheme) was introduced. Suffice it
      527 words
    • Article, Illustration
      Sizing up the firm which sizes up nations
      1285 10  -  Much has been written about the business-risk reports made by the company, Beri. But not quite as much has been written about the outfit itself. What then is Beri, a company that makes it its business to rank countries according to their
      1,285 words
    • Article
      Plenty of advice available — for a price
      339 10 Plenty of advice available for a price WALK THROUGH the doors of Kissinger Associates and sit with the former US Secretary of State for some advice on how to expand business in Beijing or Cairo. For a multinational, $200,000 must be a small price to pay for the informed judgement
      339 words
    • Article
      The fifth tiger is ready to spring
      655 10 THIS YEAR, Thailand joined South Koraa, Hongkong and Singapore (which, with Taiwan, form the so-called four Asian tigers) on the IMF's 17-strong list of manu-facturer-exporters. Thailand is well past the stage of being a poorish developing economy, centred on growing food. It is
      655 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      247 10 w x 2 pp NOW mnunoHM. dD g If your business is toys and games, register now and be at the new Hong Kong Convention and Exhibition Centre from January 10-1 i, 1990, for the Hong Kong International Toys and Games Fair. The Fair will be the largest event of
      247 words
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      Page 10 Advertisements Column 2
      176 10 Simply Beautiful... WBk Simply Rter Lai. Discover beautifully crafted jewellery, cut to perfection by Europe's finest craftsmen. A wide selection of exquisite diamonds, rubies, emeralds, sapphires, jade and pearls in classic, modern and contemporary designs. Only at Peter Lai Jewellery, where the beautiful things in life are affordable. Peter Lai
      176 words
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  • FOCUS
    • Article, Illustration
      Picking up the pieces and making a go of it
      1245 11  -  Two weeks after the shock announcement by the Malaysian Finance Minister, the impending split between the Kuala Lumpur and Singapore stock exchanges is still a hotly debated subject on both sides of the Causeway. In Singapore, LORETTA McLAUGHLAN looks into
      1,245 words
    • Article, Illustration
      Lock icon Independent KLSE — onus on brokers to make it work
      929 11 Independent KLSE onus on brokers to make it work NST THERE IS a strong feeling among market-watchers in Kuala Lumpur that membera of the Federation of Public Listed Companies and Permodalan Naaional Bhd are in the best position to spearhead the delisting of Malaysian companies from the Stock Exchange of
      NST  -  929 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      66 11 fl^^^^^^^^^^^^^Bfl^^^^^^^H^H^^^^^lßwßHKlSM^fl^^Bi^HߣSß3!^ilil^l"^lL'- %.ffi jt'i vM.t>> s*i^.~' pjffijptpPK*syiptsiffikSMffl||«jgl3K3fißWH e%&jpS\ssqjfr f ilill -'t El 1 I ,f IT la If ST 1 *te.m/qßffk IJV/lAWfB > -v r W iM ■pit jmM v I ■PPgPrlf?. y :"ij| ?> ■Vy'./. Silpp: "•>' 'V> SPjWX?; f And since it flies nonstop, it's also the fastest to
      66 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When coins are not always round
      518 12  -  NUMISMATICS By JED STEVENSON NYT COLLECTORS are so accustomed to coins that are round and flat that anything else seems a little bit silly. But some coins evolved into shapes other than discs and these exotic shapes made a lot of sense in their
      NYT  -  518 words
    • Article, Illustration
      Lock icon How to put the bite back into the Big Apple
      823 13  -  CITIES By A M ROSENTHAL NYT MAYBE ON Inauguration Day the next mayor will reveal to New Yorkers a new plan for meeting the problems of New York, a whole set of fresh proposals for action that never occurred to
      NYT  -  823 words
    • Article, Illustration
      Lock icon The great American escape
      842 13  -  FASHION By SUZY MENKES IHT THE GREAT AMERICAN fashion dream is no longer making it but escaping it. While the mayoral race and the New York marathon were both reaching the finishing line, designers were in flight from their city. Calvin Klein went riding and quite
      IHT  -  842 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      262 12 Whet? Tv entertain,,. Where to entertain... U/fcre to entertain... Wlieiv to Classics of (juangzhou NOVEMBER 6-19 "A good life is to be born in Suzhou, live in Hangzhou and eat in Guangzhou", i J so goes a well-known Chinese idiom. The Westin Plaza has brought in 3 master t chefs
      262 words
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      Page 12 Advertisements Column 2
      196 12 f buf^ Ming Court Hotel celebrates the Heritage Week by bringing you our Meiiion Buffet. You can sample a wide variety of local dishes for only $16.90++ at Coffee Pot. Lunch 11.30 a- 2.30pm Dinner: 7.00 10.00pm a nino ODUKT MOTti. No. 1 Tanglin Road Singapore 1024 Tel: *****33 Dine
      196 words
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      Page 12 Advertisements Column 3
      319 12 nuifpeoj THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at on ungourmet price! For starters, take your pick of our cold dishes j prawns on ice. fresh oysters, smoked salmon. melon and dned ham. vegetable temne. mixed seafood salad, cooked assorted vegetables and homemade dressings Select
      319 words
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      Page 12 Advertisements Column 4
      235 12 VtMJfCi. 1 30 November Adults (Children below 12 $14.50++ (Ijinoh) 9.00++ (Lunch) $15.50++ (Dinner) $10.00++ (Dinner) Cafe Plaza Plaza Hotel SINGAPORE i iii i iii mm minim— Hearti Koad sangapirr *****H 29H0011 Ground V. J Floor /i/Ncj 24 hours daily tr y L > Temptations served round the clock... Only
      235 words
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      Page 12 Advertisements Column 5
      265 12 Kffi' nR H£p v/.*x MMB V v» 1 WWSB^aM^Bb QKK The best of Beijing at the Pine Court's Lunch lIRJi Buffet OBC !i If you've enjoyed our sumptuous Baked 35,hFtoo Tench, Steamed Dumpkngs, Double-Boiled Duck Soup with Herbs and Shredded Duck Meat with Bean Sprouts served with Empress Purse, you'll
      265 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      240 13 entertain,... J Afternoon Tea Will Be Served In The Park. Tea-time at Cafe-in-The-Park is delightfuL You U enjoy exquisite teas as urU as a Lwty buffet spread of oven-fresh pastries, scones and other delicious afternoon delights. Afternoon Tea: Monday to Friday, 3pm to spm. $9.50 per person. A® Century Park
      240 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      630 13 CRYPTIC PUZZLE fi —R—| n —r ig—r -i ACROSS 28 Flightless bird (3) ACROSS 1 Silly (5) SOLUTION TOMORROW 1 Castle country (5) H I I I I HH (5) Yesterday Edition's e A h Frn —nTi i?££rsF m from those barbershop _Jh_PL. !V singers (5) ■p2 M H||H 11
      630 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1354 13 TV and RADIO A PI named Spoon SONNY SPOON, 755 pm, SBC 5 Maybe the subsequent series of this sort would be labelled 'Sonny Fork'. Why not? You've got private detectivea who suck lollipops and wear f dirty raincoats, why not one who j|v has more thsn one use for
      1,354 words
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  • SPORTS
    • Article, Illustration
      Lock icon Grabb, Agenor lose
      419 14 TENNIS AP JIM GRABB of the United States and Ronald Agenor of Haiti, the highest-ranked players in action on opening night, were eliminated on Monday in the first round of the U551,025,000 Stockholm Open tennis tournament. Agenor, a French-based Haitian ranked 35th in the world, dropped a
      AP  -  419 words
    • Article
      Lock icon Blazers beat Timberwolves, stretch record to 2-0
      383 14 BASKETBALL AP TERRY PORTER had a word to describe the Portland Trail Blazers' 93-83 victory over the Minnesota Timberwolves. "Ugly." he said. "It wasn't pretty, but at least we won." Porter scored 21 points and the Blazers pulled sway from the NBA expansion
      AP  -  383 words
    • Article, Illustration
      Lock icon The Best lesson in batsmanship
      482 14 CRICKET AP CARLISLE BEST of Barbados gave Canadian cricket fans a lesson in batsmanship in leading the West Indies' test team to a 228-217 victory on Sunday over the Rest of the World XI at the SkyOome in Toronto. As cricket made its international indoor
      AP  -  482 words
    • Article
      Lock icon Leonard's right on schedule for bout with Duran
      318 14 BOXING AP SUGAR RAY LEONARD says his three-week training regimen on the South Carolina coast went better than expected and he is "right on schedule" for a Dec 7 middleweight title fight with Roberto Duran. "I feel great." Leonard said. "I got
      AP  -  318 words
    • Article
      Lock icon Tawrrific wins Melbourne Cup
      97 14 HORSE-RACING AP OUTSIDER TAWRRIFIC burst from the pack over the last 200 yards yesterday to win the US$l.5 million Melbourne Cup, Australia's richest horse race. Tawrrific, trained by Lee Freed man and ridden by New Zealand Shane Dye, won by two and a half lengths from
      AP  -  97 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      570 14 Tee-off at midnight with Business Times F 1 ancy playing golf at midnight? It's meets everyone's business needs. It offers the Tee-off at midnight with Finnair honoured with the Chaines des Rotisseur 1 possible with Business Times, now, when latest local and foreign business news and award. you subscribe to
      570 words
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  • COMPANIES & STOCK MARKETS
    • Article
      UEM to take controlling stake in Kinta Kellas
      654 15  -  By MAGDALENE NG UNITED ENGINEERS (M) Bhd (UEM) has entered into s conditional sale and purchase agreement to acquire a controlling stake in Kinta Kellas Investments pic, a company quoted on the Kuala Lumpur Stock Exchange, the Stock Exchange of Singapore and
      654 words
    • Article, Illustration
      Lee Ming Tee goes bargain-hunting in Australia
      402 15  -  By FLORENCE CHONG writing for BT from Sydney AFTER maintaining a low profile for more than two years, Malaysian entrepreneur Lee Ming Tee, who now lives mostly in Hongkong, appears ready to emerge in Australia to pick up corporate bargains. It is reported
      402 words
    • Article
      JCEM's after-tax profit soars by 122pc
      352 15 JACK CHIA Enterprises (M) Bhd (JCEM) has chalked up a fine first half performance on the back of improved profitability in all its divisions this year. For the six months ended Sep 30, 1969, JCEM's group after-tax profit shot up 122 per cent to
      352 words
    • Article
      FELS loses BT Marine job to Dutch competitor
      310 15 RIQ BUILDER Far East Levingeton Shipbuilding Ltd, which was one of the two short-listed for a $120-million cable-laying contract has lost the British Telecommunications job to its Dutch competitor. The contract was eventually awarded by BT Marine, a British Telecoms subsidiary, to
      310 words
    • Article
      COMPANY BRIEFS
      281 15 THE LONDON-BASED Kuwait Investment Ofltc* has bought 12.8 million shares of Bedford Bhd, which is involved in a reverse takeover with the Hong Leong group. The KIO will register the shares into the nsme of Maytoan (Nominees) Sdn Bhd. with the KIO noted as the beneficial owner. Following
      281 words
    • Article
      Lock icon Tan Chong Bhd poised to export Nissan vehicles
      337 15 NST TAN CHONG Motor Holdings Bhd is ready to export its locallyassembled Nissan vehicles to Asean countries, according to managing director Tsn Boon Pun. However, Tan Chong, the assembler and franchise holder for Nissan vehicles in Malaysia, has yet to receive the
      NST  -  337 words
    • Article, Illustration
      MUI proposes bonus and rights issues
      535 15  -  By WILLIAM CHIA MALAYSIAN CONGLOMERATE Malayan United Industrie® Bhd is making a cash call of M 5256.96 million through a proposed one-for-two rights issue at M 51.50 each. It has also proposed a one-for-two bonus issue comprising 170.04 million new shares. MUI said yesterday
      535 words
    • SES
      • Article, Illustration
        STII falls slightly after recouping morning losses
        1144 16  -  by ABDUL HADHI SELECTIVE bargain hunting in the afternoon helped the Singapore stock market recover its morning losses yesterday. The market opened a bit jittery, following Wall Street s overnight decline and the falls in the regional markets. The Dow Jones Industrial Average
        1,144 words
      • Article
        Unit trusts
        305 16 •Managers' prices |or Nov 8 ft Royal Trust Asset Mgt IT S'pore Gr fund 0.79* 0.85* IT Asio-Poc Gr fund 1 075 1.135 2 Singapore Unit Trust lie Commerce 1.16 1.23 |»e Savings fund 099 105 [pore Prog Fu«d 0.44 0 48 Sec fund 0.74 0.79 1 jpore
        305 words
      • Article
        COMPANY MEETINGS
        63 16 ELECTRO MAGNETIC (8) LTD: Bth AGM at Banquet Hall No. 3, 450 Jalan Ahmad Ibrahim, Singapore 2263, today at 10am, followed by the EGM. CHUAN HUP HOLDINGS LIMITED: EGM at 322 Jalan Ahmad Ibrahim, Singapore 2262, today at 10.30 am RENONG BERHAD: EGM at Mutiara I, Park Avenue
        63 words
    • Article
      SES SHARE INFORMATION
      6364 16 Gr'e Gr'e 1989 Tel Last Vol Day Last Quota Div Dlv Y'ld Net M Cap ■High Low Code Company Sale +or- (*000) High Low Buyer Seller C'vr *p/E $mll NOV 07 SESDAQ 304 120 J 4000 Amtek Eng 20# 300 call unch 26 302 300 300 302
      6,364 words
    • KLSE
      • Article, Illustration
        Sellers prevail
        3450 17 SELLING PRESSURE remained unrelenting and share pricee retreated for the third consecutive dey at the Kuala Lumpur stock market yesterday Loeses were, however, narrowed by a bout of late buying. Nevertheless, at the close of trading the scoreboard showed loeers outnumbering gainers by 130 to 50 while 41
        3,450 words
    • REGIONAL MARKETS
      • Article
        Lock icon Japanese banks to be less secretive in bid to raise funds
        443 18 Reuter JAPANESE BANKS, eager to woo new shareholders, are finally starting to lift the dark veil they have long worn to disguise their true financial profiles. The banks have been reluctant to disclose financial details out of fear that
        Reuter  -  443 words
      • Article
        Lock icon Foreign stakes in NTT under study
        127 18 Reuter AN ADVISORY COMMITTEE to Japan's Ministry of Posts and Telecommunications (MPT) will soon start studying whether to allow foreign ownership of shares in Nippon Telegraph and Telephone Corp (NTT). The advisory committee will also study whether to lift the regulations that govern the
        Reuter  -  127 words
      • Article
        Lock icon Qintex Australia faces legal action over 'illegal' payments
        457 18 Reuter CHRISTOPHER SKASE's troubled Qintex Australia Ltd media and resort group may face legal action over As 42 million of payments to a management company part-owned by executives. The chairman of the National Companies and Securities Commission, Henry Boech, said in Sydney
        Reuter  -  457 words
      • Article
        Lock icon New network to hit NZ airwaves
        292 18 Reuter THE COMFORTABLE monopoly enjoyed by TNZ, New Zealand's state-owned television network for more than 20 years, is set to be shattered when a private network goes to air late this month. The nation's first private television broadcaster, TV3, said on Tuesday it would
        Reuter  -  292 words
      • Article, Illustration
        Lock icon Weaker finish
        627 18 Tokyo Reuter EDGY INVESTORS with an eye on currency and interest rates depressed share prices to close broadly lower in moderate trade yesterday. Brokerage shares were the big losers, while buyers shopped sround in the mining, oil and railway sectors. "There's not much movement today," said Yssutoshi Kakiuchi,
        Reuter  -  627 words
      • Article, Illustration
        Lock icon Dull trading
        501 18 Australia Reuter AUSTRALIAN stock prices slipped yesterday in trading which was subdued by the closure of the Melbourne Stock Exchange for the running of the Melbourne Cup horse race. The All Ordinaries Index closed 9.4 points down at 1,647.6. "Today was a non-event, with most market participants in
        Reuter  -  501 words
      • Article, Illustration
        Lock icon HongkongBank in the limelight
        1264 18 Hongkong Reuter SHARE PRICES clossd easier yesterday with attention concentrated on a single stock. HongkongBank. The Hang Seng Index fell 18.03 to 2.738.09 after staying within a narrow, less-than-20 point range. "Hongkongßank is attracting a growing number of international investors from both Japan and Europe," said
        Reuter  -  1,264 words
      • Article
        Lock icon Seoul: Easier in low trade
        295 18 Reuter SEOUL STOCKS fell in low trading volume for the day as investors stayed on the sidelines yesterday, waiting for government action, brokers said. The Composite Stock Index fell 3.70 points to 877.76, with 112.7 billion won traded against 95.6 billion won on Monday. Falls
        Reuter  -  295 words
      • Article
        Lock icon Manila: Off record high
        94 18 Reuter PHILIPPINE stocks dipped at yesterday s close from an all-time high at midsession on late profit-tak-ing, brokers said. The Manila Stock Exchange Composite Index settled st 1,342.14 points, down from an all-time high of 1.356.01 at midsession, snd from Monday's record close at 1.348 16.
        Reuter  -  94 words
      • Article
        Lock icon Bombay: Lower on rumours
        77 18 Reuter SHARE PRICES drifted lower yesterday for the second day as the market continued to be rocked by rumours that the exchange authorities planned to impose trading curbs, brokers said. No such measures were taken when the gov- erning board of exchange met on Monday. "The
        Reuter  -  77 words
      • Article
        Lock icon New Zealand: Lower close
        82 18 Reuter NEW ZEALAND shares ended lower yesterday, partially influenced by a sharp fall in Fisher and Paykel Ltd's share price, brokers said. F P finished 18 cents lower at NZ54.77 on continued bearishness inspired by a lower-than -expected interim result last week. The Barclays Index finished
        Reuter  -  82 words
      • Article
        Taipei: Stocks plunge
        409 18 A LAST-MINUTE sell-off sent the Taiwan Stock Index plunging through levels of short-term support to end sharply lower yesterday, dealers said. The weighted index ended 290.5 points, or 2.81 per cent, lower at 10,025.29 against Monday's 10,315.79 finish. Turnover was NT5118.32 billion compared with NT)118.166 billion. Dealers
        409 words
      • Article
        Lock icon Bangkok: Lower close
        267 18 Reuter THAI STOCKS ended lower yesterday in response to an overnight drop on Wall Street in spite of efforts by local speculators to prop up the market at midsession with buying support for secondary issues, brokers said. The SET Index cloeed 2.53 points lower at 702.05 in
        Reuter  -  267 words
      • Article
        Lock icon Jakarta: Weaker
        80 18 Reuter MOST PRICES on the Jakarta Stock Exchange dropped yesterday, bringing the index 11.43 points down to 438.17. "The market was a bit sluggish, with no energy to lift up prices. But turnover rose on profit-tak-ing," one dealer said. Turnover was 291,356 shares, up from Monday s 226,500.
        Reuter  -  80 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow takes a 47-point dive
        837 19 New York Reuter AMERICAN STOCKS dropped sharply in lethargic trading on Monday, brought on by weak third-quarter earnings, fears of sn increase in interest rates and more uncertainty about the economy, trsders and analysts said. The Dow Jones Industrial Average closed 47.34 points lower at
        Reuter  -  837 words
      • Article, Illustration
        Lock icon Slightly weaker opening
        790 19 London Reuter SHARES PRICES opened lower yesterday on the beck of a sharp (all on Wall Street on Monday. But losses were mostly confined to a few pence as New York was showing about half its total loss at the time of the official London close. One
        Reuter  -  790 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1515 19 AMSTERDAM: The Amsterdam Stock Exchange yesterday said it had suspended trading in shares of dredging company Koninkiijke Boskaiis Westminster NV until this morning, ahead of an expected statement. A spokesman for the Papendrecht-based dredger said the company would make a statement in the sfternoon, but declined to
        1,515 words
      • Article
        Lock icon BP, Shell to report lower profits
        786 19 Reuter BRITISH PETROLEUM Co pic and Royal Dutch/Shell are expected to report lower thirdquarter profits, pertly owing to lower downstrsem margins. "Ws sll expected the third qusrtsr to be the worst of this yesr," said Alsn Msrshsll of Nomura Resesrch. Analyata forecaat historical net
        Reuter  -  786 words
      • Article
        Lock icon Meggitt claims 76.6pc of United Scientific
        447 19 FT MEGGITT, the UK specialist engineering group, haa disclosed that it now apeaka for 78.0 per cent of United Scientific Holdings (USH). But it is standing by its insistence that the troubled defence contractor muat provide more financial information before Ita £104 million final
        FT  -  447 words
      • Article
        Lock icon Venezuelan oil firm buys remaining 50pc of Citgo
        267 19 NYT IN WHAT would be the first case of an Opec member owning all of a large US oil refiner and marketer, Venezuela'a stateowned oil company said on Monday that it had agreed to ecquire the remaining 50 per cent of the
        NYT  -  267 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      60 15 jU AEROLEASING FAR EAST 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, medh/ac and diplomatic flights; trading, leasing, financing and management of business Jets. 20
      60 words
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      Page 15 Advertisements Column 2
      78 15 Keep your investment decisions on target CHARTPOINT Every Saturday in BTs weekly Personal Investment pages BRRC-®-MB lunibflH ,QS BBI^M The high light output, high definition data projectors BARCODATA 600 (600 lumen light output) and BARCODATA 1001 (1230 lumen light output), lock automatically into all video sources in all standards and
      78 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      498 18 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SHEENA MARKETING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of the above-named Company duly convened and held at Block 165 Buklt Merah Central, #06-3679/81, Singapore 0315 on Saturday,
      498 words
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      Page 18 Advertisements Column 2
      234 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 HORATIO INVESTMENTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 36 Robinson Road #17-00 City House, Singapore 0106 on November 1 1989 the following special resolution was duly passed: "That the
      234 words
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      Page 18 Advertisements Column 3
      350 18 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND WIWICO PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of members of WIWICO PTE LTD duly convened and held at 190 Middle Road #16-03 Fortune Centre. Singapore 0718 on the 7th November 1969 at 10
      350 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      143 19 Rock Solid. Market Wise Armed with the resources to help you, no matter what the investment climate 26/F UIC Building 5 Shenton Way Singapore 0106 Republic of Singapore 224-6122 Prudential-Bache Securities® Th«s announcement appears as a matter ot record only PT National Astra Motor U5570,000,000 Revolving Credit Facility Arranger Chase
      143 words
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  • Article, Illustration
    Broad agreement reached on free global trade issue
    587 20  -  ASIA-PACIFIC ECONOMIC COOPERATION MEETING By FLORENCE CHONG, writing for BT from Canberra THE INAUGURAL ministerial meeting of the Asia-Pacific Economic Cooperation grouping ended in Canberra yesterday with few specific decisions but with broad agreement on pursuing and preserving a free global trading
    587 words
  • Article
    Thailand steps aside to let S'pore hold next meeting
    533 20  -  by Florence Chong THAILAND has agreed to step aside and let Singapore host the next Asia-Pacific Economic Cooperation meeting because the Republic is celebrating its 25th year of independence next year. "We are aware that Thailand wanted to host it," Singapore's
    533 words
  • Article
    Lock icon Phnom Penh troops launch counter-attack
    156 20 AFP PHNOM PENH TROOPS launched a counter-offensive last Saturday against Khmer Rouge forces in western Cambodia to break a siege of Battambang, the country's second largest city, and recapture the nearby gem-mining town of Pailin, a military source in Phnom Penh said yesterday. "We hope
    AFP  -  156 words
  • Article
    Lock icon Alitalia chief dies in car accident
    59 20 AFP CARLO VERRI, president of Italian airline Alitalia, has been killed in a car crash, the company announced yesterday. The 50-year-old Mr Verri, who became president of the airline in July last year, and his chauffeur died when their armour-plat-ed car hit a bus
    AFP  -  59 words
  • Article
    Lock icon M'sia has potential to be major minerals producer
    375 20 Bernama MALAYSIA has the potential to be a major producer of copper, coal, gold and industrial minerals, Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said yesterday. Hardrock mining offered good prospects to revive mineral development in Malaysia, he told participants
    Bernama  -  375 words
  • Article
    Lock icon Agenda of Asean Agriculture Ministers' meeting
    147 20 Bernama THE UPCOMING ASEAN Agriculture Ministers meeting beginning in Singapore tomorrow will discuss the region's common stance to counter campaigns in the developed countries against the use of tropical wood products and edible oil, an Indonesian minister said yesterday. It will also discuss issues
    Bernama  -  147 words
  • Article
    Call for greater interdependence in trade among Asia-Pacific countries
    315 20  -  B AL O LABITA Jr, writing for BT from Manila A SINGAPOREAN ECONOMIST has called for increased interdependence in trade among Asia-Pacific countries. The call was made by Dr Ow Chin Hock of the Department of Economics and Statistics. National University
    315 words
  • Article
    Lock icon US accuses Japan of lagging in efforts to open markets
    445 20 Agencies US COMMERCE SECRETARY Robert Mosbacher accused Tokyo yesterday in Canberra of lagging in efforts to open its markets to imports, and warned that Japan'a big trade surplus with the United States could disrupt world trade. Over in Tokyo, the
    Agencies  -  445 words
  • Article
    Lock icon Tokyo investment risks triggering US backlash, says businessman
    104 20 AFP JAPANESE INVESTMENT in the US risks triggering a protectionist backlash unless business leaders in both countries seek to maximise mutual advantages, a leading US businessman warned yesterday. Peter Peterson, whose Blackstone Group advised Sony Corp on its purchase of Columbia Pictures
    AFP  -  104 words
  • Article
    Lock icon Comex gold
    80 20 Reuter COMEX GOLD FUTURES rallied in brisk early action yesterdsy. Buying by commission and trade houses pushed the December contract through resistance to new three-month highs. Sources cited heavy overnight Mid-eastern buying. One trader said some of the activity was "add-on buying from last week's sctive bullion market".
    Reuter  -  80 words
  • LATE FILE
    • Article
      Lock icon Chinese leaders in secret session
      39 20 AFP THE FIFTH plenary session of the Chinese Communist Party, delayed several times because of deep rifts within the leadership, has opened in a Beijing hotel behind cloeed doors, reliable sources said yesterday. AFP
      AFP  -  39 words
    • Article
      Lock icon US-Japanese accord on HDTV
      52 20 AFP THE JAPANESE and US electronics industries agreed yesterday to set up a joint committee for regular talks on cooperation in developing semiconductors for high-defi-nition television (HDTV). The agreement was reached at a meeting between the Electronic Industries Association of Japan and the US Semiconductor Industry
      AFP  -  52 words
    • Article
      Lock icon Rebel Chinese group smashed
      32 20 AFP A 'COUNTER-REVOLUTION-ARY" group launched to "overthrow the Chinese Communist Party" hss been broken up snd 10 of its leadera arrested, the Lege/ Daily said in Beijing yesterday.
      AFP  -  32 words
    • Article
      Lock icon Koreans boycott US tallow noodles
      38 20 AP ANQRY South Korean consumers boycotted products of five major food companies yesterday over concern that imported US tallow had been improperly used In the making of noodlee. margarines, cooking oil and shortening.
      AP  -  38 words
    • Article
      Lock icon New Statesman may be sold
      65 20 AFP AUSTRALIAN financier Robert Holmes a Court is negotiating to buy the left-wing British weekly New Statesman and Society, the Financial Times said yesterday. The paper said that Mr Holmes a Court was believed to have offered between £2 million and £3 million for the
      AFP  -  65 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      155 20 WHY START WTOE BOTTOM WHEN YOU CAN START AT THE TOP. 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 till our services. Residential and Commercial Property Loans Hire Purchase
      155 words
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      Page 20 Advertisements Column 2
      8 20 Malaysia's CPI rises 2.9 per cent, PAGE 1
      8 words
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      Page 20 Advertisements Column 3
      182 20 Target la to open up Tokyo markets: business leaders, PAQE 4 REDISCOVER THE ART OF OPEN-FIRE CUISINE. THE ORTENTAL SINGAPORE Open-fire ccx)king is a skill that has been all but lost to modern man. But at Fourchettes Grillroom, in The Oriental, Singapore, our chefs still practice this an carefully grilling
      182 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Five ships damaged in Chittagong
        62 21 Reuter FIVE VESSELS were damaged, three of them badly, when the bulk carrier Adel, 34,792 dwt, dragged her anchor at Chittagong outer anchorage on Nov 3, Lloyd's Shipping Intelligence said in London. Adel collided with the bulk oiler Ultramar, 83,518 dwt, and the bulk carrier
        Reuter  -  62 words
      • Article
        Lock icon Intercontinental to run Exxon dock
        60 21 Reuter INTERCONTINENTAL TERMINALS COMPANY will operate a new marine dock at Port Allen, LA, for Exxon Chemical Co, a subsidiary of Exxon Corp. The new dock, to be completed in the first quarter of 1990, is an addition to Exxon's Anchorage Chemical Terminal which is
        Reuter  -  60 words
      • Article
        Lock icon Manitowoc unit settles arbitration
        60 21 Reuter THE MANITOWOC CO said its unit, Bay Shipbuilding Corp, has reached a final settlement in arbitration with Sea-Land Service Inc in connection with contracts for the construction of three containerships. The agreement provides a full settlement of all claims of both parties and provides for
        Reuter  -  60 words
      • Article
        Lock icon Sea Containers directors nominated
        73 21 Reuter TEMPLE HOLDINGS and Cede and Co are proposing seven nominees for Sea Containers' board of directors at the company's next annual meeting. In a letter dated Nov 3, Temple informed Sea Containers that its nominees proposed in the resolution include Svante Carlsson of Temple Holdings,
        Reuter  -  73 words
      • Article
        Lock icon Dynasty 3 rescues New Star's cook
        74 21 AFP A PANAMIAN-REGISTERED cargo ship, Dynasty 3, has rescued a man who clung to a log in the Gulf of Thailand for three days, a Malaysian rescue official said on Monday. Captain Jaffar Lamri, chief of the Maritime Rescue and Coordinating Centre, said the
        AFP  -  74 words
      • Article
        Lock icon Shell faces pollution trial in UK
        81 21 Reuter ROYAL DUTCH/SHELL GROUP subsidiary Shell UK Ltd faces a crown court trial on charges of polluting the River Mersey in a prosecution brought by the National Rivers Authority, a new watchdog body. The general manager of Shell's Stanlow refinery at Ellesmere Port in
        Reuter  -  81 words
    • Article
      HK's shipping hurt by China's luxury goods restriction
      187 21 CHINA'S decision to restrict imports of luxury items is beginning to affect Hongkong's shipping industry. The South China Morning Post quoted Hongkong Liner Shipping Association chairman Gavin Needes as saying that the colony's slowdown in container traffic growth was mainly due the
      187 words
    • Article
      Index to advertisers
      1187 21 Pogo Column ABC Confoinorfino Eiovon 5 Accord Shpo Eight 3/4 AJbotros Soo Air Sovon 5 AJfrod C Toopfor Thirtoon 5 Ahronkiol linor 5 AfC Li** Sovon 5 API fivo 3-5 AfS Thirtoon 3 Archimodos Shpg Twolvo 3 Arrow Uw Etovor. 5 Alton Expross Ton 2/3 A cWarohousing
      1,187 words
    • Article
      Lock icon Washington considers ban on Panamanian registered ships
      279 21 AFP THE UNITED STATES may ban Panamanian-flagged vessels from its ports effective Jan 1, according to a State Department memorandum circulating among the international shipping community. The Journal of Commerce, in a Monday report, said the memorandum was sent to more than a
      AFP  -  279 words
    • Article
      Macoline, Sindbad in joint feeder service to Madras
      353 21  -  By RAHITA ELIAS THE BOOMING Indian trade has prompted Singapore-based carrier Macoline to join hands with Hongkong carrier Sindbad Lines for an improved feeder service to Madras from the end of the month. Macoline, a subsidiary of MacNets', also plans to expand
      353 words
    • Article, Illustration
      Hong Lam wins S$10m contracts to build bunker tankers
      381 21  -  COMPANY ACHIEVED CHARTER INCOME OF 553.5 MILLION LAST YEAR By JEAN FOONG SINGAPORE-BASED Hong Lam Marine has clinched two contracts worth over Sslo million to build bunker tankers for charter to oil majors Singapore Petroleum Company (SPC) and Esso Singapore. The
      381 words
    • Article
      Lock icon S Korea's building orders jump 47pc
      198 21 AFP OVERSEAS building orders for South Korean shipyards jumped a whopping 47 per cent to 2.04 million tons in the first nine months of the year over the same period last year, officials said yesterday. The value of the orders soared 160 per cent
      AFP  -  198 words
    • Article
      Lock icon Rotterdam tonnage rose 8.6pc in first nine months of this year
      313 21 Reuter CARGO shipped via the port of Rotterdam in the first nine months of 1989 rose 8.6 per cent to 215.4 million tonnes from 196.3 million in the same 1988 period, figures from the Municipal Harbour Company showed. If
      Reuter  -  313 words
    • Article, Illustration
      Lock icon Philippines misses the boat on the manning boom
      935 22 Lloyd's Maritime Asia RIDING on the current upturn in the cyclical growth of global shipping, the Philippines today ranks as the number one supplier of seafarers. Deployment of Filipino seamen is expected to reach 100,000 by year end, up 25 per cent
      Lloyd's Maritime Asia  -  935 words
    • Article
      Lock icon Weekly freights
      811 22 AFP THE RECENT bustle of activity in freights market appeared to run out of steam over the past week. Traders said there appeared to be some stocktaking going on in the wake of the market's recent hectic pace. Nevertheless underlying sentiment remained firm, and rumours in Chicago on
      AFP  -  811 words
    • Article
      Lock icon Itel Corp may be eyeing Ryder System
      540 22 Reuter ITEL CORP, long rumoured to be a suitor for Ryder System Inc, made the first move in whet could mark the start of a mora than US$2 billion takeover for the transport services Arm, industry analysts said in New York. Ryder said
      Reuter  -  540 words
    • Article
      Container schedules/Ships in port
      1894 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatalnor Schedule* Blk op Gdn Date/Tim* Tim# From Tim* To Booking I o Ate Bhum 39N *****9 0700 08/2230 08/2259 NA 2 H4 00 F05 Ambos Bridge 25 *****9 0700 08/1130 08/1229 Tlx/fox 2 A5
      1,894 words
    • Article
      Lock icon Higher Gulf oil output helps tanker rates, say brokers
      214 23 Reuter HIGHER OIL OUTPUT by Saudi Arabia and other Mideast Gulf producers is likely to help tanker freight rates in coming weeks, tanker broker Galbraith's said in London. Its weekly review said "there are suggestions that there are a few million
      Reuter  -  214 words
    • Article
      London Freights
      983 23 THE DRY CARGO freight market began the week on Monday fairly quietly with few fixturea reported, although the uauai surge of enquiry circulated the Baltic Exchange, brokers said. Grain was covered from the US North Pacific to Taiwan at U5517.25 and helped lift the Baltic sub-index for US
      983 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6764 32 Bomevraaa. Trtot. Nov UPK). Cardigan Bay. Trtot. Nov B Luna Maarak. Maarak Una. Nov M 10 Ming Pragraaa. Yang MMg Una. Nov 11. Evar Ola MM. Evargtaan. Nov 11 B Par mat. ScanOulcht. Nov 13. Sha Ha. China Ocaan Shpg. Nov IS
      6,764 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      47 21 "The Illustrated Encyclopedia of Wildlife" PfMMMRW Fortnightly yooi/ bookshops rn'irs-sfflrtrfs.J BTP Lines and services represented by Members of the Registry of Accredited fif/jitlV Shipping Agents. Singapore National wQ&ffc) Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      47 words
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      Page 21 Advertisements Column 2
      110 21 A lively HHHHHHi way with MS words AvoMabh af a* good bookthopt •sssSSSSSm F d r < PuMtcaltona ppsj Made in Germany German Ports and Shipping Lines PRESENTATION CUM EXHIBITION on 9 November 1989 at World Trade Centre 1 Maritime Square, Lobby C, 11th Floor 10.00 am OPENING CEREMONY 12.00
      110 words
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      Page 21 Advertisements Column 3
      150 21 INSIDE ipi _»Jllj Lost chance for the Philippines RIDING on the current upturn in the cyclical growth of global shipping, the Philippines today ranks as the number one supplier of seafarers. Deployment of Filipino seamen is expected to reach 100,000 by year end, up 25 per cent from last year.
      150 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      163 22 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Avonmore Offshore Pte Ltd, hereby give notice that In consequence of purchase of the vessel, "IMPALA", we have applied to the Registrar of Singapore Ships, under section 386 of the Merchant Shipping Act (Chapter 179) In respect of the ship
      163 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      143 22 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON NOV S, ISBS. LEGEND R Thood«„o,m T pmpefoture X\ Weather _X Wmd w»ction with speed m knots Rom 9 Cloudy Shy Wov. h«gh, Surface wind* or® ird«coted by orrowt wki<h My with the wmd One fui c«rrle represents calm or light
      143 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1021 23 OOCL Dtulicuffd K> Stwicf JAROINE SHIPPING AGLNCits 200 Cantonment Road #12 05 Southpotnt, Singapore 0208 Tel *****11 TELEX HO RS ***** TERMINAL; CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AG£NC!ES BH0_ PORT KELANG TEL 36S4U8 T^",^ 7 A 3^ 77 r l ?f A 2^* PENANG
      1,021 words
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      Page 23 Advertisements Column 2
      2417 23 Vaaaal Voy ETA ETO 'Port 'Penang Thi® weak Laiae M MlO Cloaing Tlma FmD« by mi 2300 mrs F«rco ■■■■H PHI MM CFB— *11 1800 MRS M Tauro OAK LOB MOO MEM ATI MIA CHS BAL PHL NYC MOW TOW LEISE M 8810 MM In PI Sailed Sailed 25/11 27/11
      2,417 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1145 24 ROTTERDAM/1 VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP IE HAVRE BONN EXPRESS 04/582 8/11 10/11 28/11 30/11 2/12 3/12 Vl2 CARDIGAN BAY 92/509 9/11 4/12 29/11 1/12 27/11 3/12 BENALDER 92/512 15/11 17/11 5/12 7/12 9/12 10/12 *2/12 KURAMA 02/511 16/11 11/12 5/12 7/12 4/12 10/12 BENAVON
      1,145 words
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      Page 24 Advertisements Column 2
      527 24 NOWTHKHJWD TO UKC SPORE RDM/A'DAM HBC HULL (U.K.) IVYIAUKVaW 0/11 4/12 VU 13/12 TAUSALA SAMOA V.ltN M 2 SA 10/1 14/1 CLYDCBANK V-27N 30,12 2VI 31/1 4/2 *Alaa Acca*ia« fa to Mwntwn/r«Mii>— iflaiito—to^OaHaal/CalNwtoin I SOUTHBOUND TO PAPUA NEW GUINEA 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE MORAYBANK VMS 10/11 Part Hornby
      527 words
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      Page 24 Advertisements Column 3
      1277 24 II E3 mmmMMti x&stm 1 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALC BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA NORASIA AL-MANSOORAH 8933-3 10/11 14/11 26/11 1/12 3/12 5/12 7/12 M «/5 > 9(U 10 \2 11A2 JAPAN SEA 934W 17/11 21/11
      1,277 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1494 25 —Hj^ 1 Steamers Maritime Holdings Ltd P&O m m STRAITS SHIPPING WSk Containers mJm gJiSSf"** S'port P KUng S ton H bufg B'hjxn R djm Ltti BONN EXPRESS 00,11 Hull 21/11 30/11 02/12 «12 05,12 n CARDIGAN BAT 0)111 04/12 21/11 30/11 27/11 03/12 ACCEPTS CARGO DUI 5AH.5 BENAIOCR ism
      1,494 words
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      Page 25 Advertisements Column 2
      1684 25 yj J l ii Hl^^iiimWHiltif*llmiikiJtlTh^B TQ: EUROPE TO: FAR EAST SP LH RDM HAH B*E FIX SPORE HK KAO BU HANJIN HASAN 051W 11/11 29/11 JOfll 01/12 03/12 04/12 CHOYANC SUCCESS OOSE 13/11 10/11 17/U 23/11 CHOYANC PARK OOSW 11/11 00/12 07/12 00/12 10/12 12/12 HANJIN TONCMAE 070E 20/11 23/11
      1,684 words
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      Page 25 Advertisements Column 3
      330 25 mgggm STIAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL KOGGEGRACHT COSMIC AMBALIKA TRADER IVOY. NO 5 4 52 Sport 9/11 12/11 17/11 P. Kelang In Pt 15/11 20/11 Penang Hong Kong Yokohama 30/11 7/12 Nafoya 21/11 10/12 Osaka 3/12 1(12 Senboku Moji Funabashi •For Discharging Only NOTE: ALSO
      330 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      796 26 IsMMM ntAMIANMRVICK Stngiport Loading for:- IRAN MCELAO PJL 712 SaiM BANDAR ABBAS I IRAN TtYFOORI PJL 722 Sailod BANDAR ABBAS CUAM/SAIPAN DIRECT SERVICE (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN SPARKLE V 2 SAILED II NOV U NOV yAHKLP V? 1 DEC U DEC 14 DEC IHCCONESIA PORTS DIRECT CALLS SUBJECT
      796 words
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      Page 26 Advertisements Column 2
      739 26 I HAN JIN SHIPPING j FULL CONTAINER SERVICE HANJIN HASAN MID I *\W I Sw" Wh" "w* "wT CHOYANC PARK 006W lt/11 6/12 7/12 1/12 1012 11/12 If*** mx IVU U/U HANJIN OAKLANO OOSW 2*ll 13/12 14/U I*l2 17/12 U/12 «>77I*OAM 00H P/ll N WOOL MM 22/U 1402 CHOYANC SUCCESS
      739 words
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      Page 26 Advertisements Column 3
      190 26 GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT KELANG PENANG BANGKOK ALSO ACCEPTING CARGO EROM HONGKONG TO MALAYSIAN PORTS VESSEL E.T.A. VOY HKC BKK PNC PKBM MXG M/V TAI BAO 5/» Sid 08/11 13/11 20/11 2/12 M/V SHI BAO 1/» 15/11 24/11
      190 words
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      Page 26 Advertisements Column 4
      1582 26 ;IH ;1 Inuanio K. Z S ffi U "fts Z ffi*» iff »ff gTsl IkSSE. sg IS S: ffi Z ?i S I EVER GLOBE 11/12 12/12 1102 17/12 112 W »M »(U SlI W S SS W M 40 90 I ivu guard u/u m/u 2702 a/u aw tt
      1,582 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1038 27 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSS mm mW BKKK p,l Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 i veoml VOY SIN jut MY VOY mko you moo km mm mi «ao HAIOUANO IMB MW 10/11 14/11 20NB 22/11 2*ll 30/11 1/12 VII 0/12 0/12 MAJAPAHTT 47M 30/11 1/12
      1,038 words
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      Page 27 Advertisements Column 2
      200 27 j] f JOHAfI aWPWXg SDM Bm VESSCL PKL PCO SIN KUC SUA" KK law |T*W I SIH johan vm/» 17/uiiAin/ua/uwi— JOHAN VU2/B 1/12 2/12 Vl2 7(11 l#U JONAH mm 21/11 21/11 JBfll 4/12 1/12 1/12 11/12 JOHAN V312/B 10/U 12/11 IVU I*ll 21/11 2101 1/12 g ACCEPTING FCL/LCL REEFERS. HEAVY
      200 words
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      Page 27 Advertisements Column 3
      673 27 rPOM P KIAMC STOW HAM MAVtN PDAM NAVRf •mm U«r*u «U «U All MTU 2/U VU VU c*>«gM in wu vu am mi »/u vu wi uill «u w «u wi uiu *->mm MAI U/U VU TfU VU IVU »U Wl UIU UIU mi UIU IVU Ttftto barm a/11 UIU
      673 words
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      Page 27 Advertisements Column 4
      355 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUOEM WMWHA P.T. TRKOtt LLOYD >> EXPRESS SEN-CMTAMERSR* SERVICE VSL/VOY S'PORf R-DAMI H'iURC/ MEMtN ANTWERP A'OAM u BONTANcme M/UIO2 m 11/1 I*l 20/1 MATARAM/Mwß U-21/U 15/1 11/1 2J/1 27/1 Sub|#ct to loduc*m*nt Also accepting cargo to Casablanca,
      355 words
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      Page 27 Advertisements Column 5
      473 27 M I B fli m I I w faw* MYANMA l«5l FIVE STAR LIME (Burmese National Line) Loading for Yangon (Rangoon) S'por* P.Kolang Pwiang Dindwt > w m THE BANK LINE I EXPRESS TO PAPUA NCW CIIINED NMAYBANK VMS Su (CALLING KMK/ALOTAU DIRECT) COLUMBUS SINGAPORE VIS 4/12 (PNG ports: PORT
      473 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1165 28 SVOY *INDO "PK/PNG [sCP LB CMLS NFK NYC MFX W* 25 W 7/U 901 2/12 12/12 14/12 W/12 20/12 r 23 13/11 14/11 lt/11 9/12 19/12 21/12 23/12 27/12 17 20/11 21/U 23/11 16/12 2C/12 21/12 30/12 3/1 21 27/11 21/11 130/11 23/12 2/1 4/1 4/1 10/1 VOY LB CHLS
      1,165 words
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      Page 28 Advertisements Column 2
      702 28 EXPRESS CONTAINER SERVICE Accepting FCL7FCL Contelners Smgoporo P Ponong LoadMg tor MoMwr VH By Foodor 6y fmOm KALIOAS *46 IDk 2t 2t No. htrnJUth SfdnAdoi TULSIOAS »«5 23 O* 17 Ok 17 OK F'omlMbSrdn, A<M KALIOAS V.« 7 20 Jan 14 Jan 14 tor From/Molb/SrdnfAM TULSIOAS *.46 IF* 2 Fob
      702 words
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      Page 28 Advertisements Column 3
      590 28 GOLDEN LINE •> GUAN GUAN SHIPPING (PTE) LTD t s 23 Trlo» Arc Strwt W SINGAPORE 0104 TEL !> 14 3161 (It LINES) F» U43UM STRAITS/PERSIAN GULF SERVICE: Sporo P K«tan( Pew* GOLDEN WONDER Co4ombo, Kor**. Out*. 16/17 Mao GOLDEN HAVEN Catamba/KaradWOwbai 2130 No* CHINA SERVICE BAI TUN SHAN Haangpu/Furtou
      590 words
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      Page 28 Advertisements Column 4
      763 28 I VESSEL I ETA SINGAPORE DESTINATION »TBN 12/11 DUBAI. DAMMAN KUWAIT. 17/11. 2S/11 DOHA. MUSCAT. BAHRAIN I ABU DNAM SHARJAH Z TBN WTH/U JEDOAH (LCI) WEEKLY AQABA. HOOtIOAM ITBN MAI. 11/11 N.KONG, KOBE, TOKYO. KEELUNG. KAOKSIUNG. MANILA. BANGKOK. I BUSAN. JAKARTA TBN 13/11, 11/11 COLOMBO. KARACHI, BOMBAY" I MADRAS. CALCUTTA
      763 words
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      Page 29 Advertisements Column 1
      1499 29 S? NEPTUNE AGENCIES PTE LTD SINGAPORE sZZJ (CR No: **********0 E) //yysi Bookings: FE/EUROPE *****53,*****19, ANRO-*****18 TPA-*****42/*****16, lAS *****48 Documentation: *****44/*****14 5232 Terminal: *****22 CFS:M2-*****50/*****40 (Zs' NEPLINE SDN BHD MALAYSIA stS K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****0,*****1 IB TTu inu UIU urtrun V<U7VOV LKH ru EDM HAM SGP FOR vsiyvor SGP r*G
      1,499 words
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      Page 29 Advertisements Column 2
      1024 29 SINSOV 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 ***** PINANC P. KELANG MESSRS NAI THONC SHIPPING 127 fWw Slraat Panang. Malaysia M/S HANDLING SYSTEM CO SDN
      1,024 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      647 30 INTEGRATED CONTAINER SERVICE mm OF EACBR MR 70 EAST MEDITERRANEAN A MOUTH CONTINENT EUROPE OUTBOUND SIN tCA ANT MM HK MT UtWMOIT MB I*ll 3*ll Mm o*l2 11/12 ~MO2 T. WENOA M 1/12 M/ 12 2502 2502 ~*u" "a/M 0. GROTEWOML MP W SfU W W ""*5" li/M 1. CEGIELSXI
      647 words
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      Page 30 Advertisements Column 2
      865 30 QHEUNG-A SHIPPING Korean Flag Vasaala STHArT«/KOBEA SERVICE Vawrt i Naai* ETD BS S PORE PKLC KEE SUSAN BOJI NO I DON AMNION 230* In Port BMSOI 13-1301 1(-1<01 2101 .NO DONM*fIIN 1101 11-1301 M-IS/11 23-2301 2S-MOl 3*ll S.DtAMOMtyMM I*ll 22 XOl 25-2*ll 174*12 11/U NKC C/ 12 NO S OONAMfIIIN
      865 words
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      Page 30 Advertisements Column 3
      171 30 iSonterml GUARANTEED WEEKLY CONSOI 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. I- 2*ll*l V P. KB-AMQ TIL: BS-7»»74f7 FAX: —-7*7—71 MANILA FULL CONTAINER SERVICE VESSEL IVOV I SING 1 MANILA LUCKY HOVER 2NB
      171 words
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      Page 30 Advertisements Column 4
      541 30 FAST DIRECT REGULAR SERVICE TO I INDONESIA PORT PADANG/PK. BALAM I SEMARANG/PANJANG/CIGADING/ I BENGKULU VSL ETA ETD LOADING FOR OELI INOAM 1111J9 17.11J9 PANJANG/PK. BALAM NMAJAYA NIPVt 10.11» PANJANC LAMPUNG JAYA 1111 J§ 17.11 J® SEMARANG/PANMNG PINANG JAYA 15J1JI 1111JI PANJAWfa. BALAM PERtTA JAYA hi Port 10.11 J9 PAN JANG/JAK/kRT
      541 words
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      Page 30 Advertisements Column 5
      483 30 ASEAN PORTS Ngo* Hoc* Co Lie Bkk 2*-23t>0) WW WIM I*N Wt4 M Sit Uyil AHA HUM m Fri Mfll Ufll KITI HUM «W im 12/U_ W U/U HVA HUM aw tm 14/11 Fri VIU Mtl IHUM om Thr wu S- MHI JARU HUM MM %1 U/ll Tm B/U wta
      483 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1113 31 IKTLIJIJU VOY SINGAPORE KHF/DUBAI KARACHI ■IANKA SIRI 130W 19/11 ■IANKA SRIMANI 72W 25/11 07/12 ■IANKA SIRI 131W 04/12 ■LANKA SIRI 132W 23/12 I ALSO ACCEPTING CARGO (FCIACL) FORI A) INCH AN PORTS MADRAS TUTICORIN COCHIN MANGALORE BOMBAY I B) ARABIAN GULF PORTS SHARJAH DUBAI, BAHRAIN DAMMAM KUWAIT MUSCAT I C)
      1,113 words
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      Page 31 Advertisements Column 2
      378 31 tflk ETHIOPIAN SHIPPING LINE (National Line of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKQ ETA LOAOIMQ FOR ABBAY WONZ 21/12 OARESSAIAAM MOMBASA DJIBOUTI VOY 22W8 ASSAB MASSAWA MOOtIOAH ABYOT 21/1 DARESSALAAM MOMBASA DJIBOUTI VOY 20WB ASSAB MASSAWA HOOEIDAH Other ports along the route workable on inducement Q NIEN HUNG LINE FULLY
      378 words
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      Page 31 Advertisements Column 3
      1069 31 < m > CRYSTAL FREIGHT SERVICES PTE LTO TEL: *****88/*****22 HONGKONG/ CHINA 10/11 A 13/11 BANGKOK 11/11 A is/11 P. KELANG/PENANG 10/11 17/11 BUBAN 10/11 A 23/11 KEELUNG/KAOH9IUNG 12/11 4 19/11 MANILA 10/11 A 20/11 JAKARTA 11/11 A 10/11 SYDNEY/MELBOURNE 13/11 A 14/11 FREMANTLE 15/11 A 20/11 PORT MORESBY/LAE 10/11
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      Page 31 Advertisements Column 4
      390 31 BAY OF BENGAL SERVICES VESSELS TOY VM MAA CAL CHI CALABAR 79CNB 14/11 20/11 A GONCHAROV *****9 13/11 20/11 SUSAK 88N 16/11 23/11 LEUVE 9114 20/11 25/11 28/11 TIGER BAY 88N 18/11 25/11 I YAMBURENKO *****9 24/11 1/12 CALABAR 80CNB 25/11 1/12 TIGER BAY 89N 27/11 4/12 LEUVE 9115 4/12
      390 words
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      Page 31 Advertisements Column 5
      240 31 TO AUSTRALIA/NEW ZEALAND i VSI Smppirt Fr—til iiliiwi Sy+wy DmH r 4fe T«IT urtm 2JJM "5u wu irS vu urn lira •jj i MM» vu "55 "Su iru wu )S mujmi n in m "wi "Si j« Si c vfßomi m "Si "an "Si "Si M iff tJJ IS DATS
      240 words
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      Page 32 Advertisements Column 1
      176 32 I GOODWAYI LCL ACCEPTANCE TO NOUMEA, FIJI SIN HKG NOUMEA SUVA 11/11 25/11 18/12 25/11 5/12 l/l 9/12 20/12 15/1 29/12 5/13/2 EXPRESS SAILINGS TO PAPUA NEW GUINEA SIN PORT MORESBY LAC MORAYBANK 16/11 26/11 2/12 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI
      176 words
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      Page 32 Advertisements Column 2
      581 32 GF OCERnSERUICE 1 LCL/FCL SERVICE TO/FROM 0 li (fi| m m operates ovar 600 tarminais/officM in U.S.A. f ■C^T J SB W" miwtWM twr 35,000 tractor* 8i truck*. I I /jlßl A CEP® MTVM owi 60.000 points in U.S.A. liypj M reliable LCL/FCL samcae. fl'/J PENANG KL: allied-LINK SINGAPORE: //7V\
      581 words
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      Page 32 Advertisements Column 3
      391 32 EXPRESS SERVICE TO/from CHILE FEEOCR IS FOtltaOTW* VESSEL HK TOKO MICA KM ANTOT VALP SAI CYI VESSEL CSAVJ *11 OVESKOUSM «U IjU 11/1 IMiyi m J2n 13/1 CSAV 1 ini LMCAY BU M/U VIU la la 7/2 JS csav i |ufu luicn MN am m i*h ts2 iw nh lp
      391 words
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      Page 33 Advertisements Column 1
      763 33 S VftfeCX COMPANIA PERUANA J 5 DE VAPORES I f "PERUVIAN STATE LINE" 1 V. ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM f 4 CALLAO. MATARANI, ILO* A OTHER PERUVIAN PORTS* 1 a WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. j 0 Pwunf* P. KtUng Strtf»pof« d d THONASCVERETT 11/13
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      Page 33 Advertisements Column 2
      655 33 FULL CONTAINER SERVICE kcmUm FCL/LCL cargo** to USA Eart A Co.*. C*rriM**n.E*tt Canada, HAITI. huTiwala and Hondura* VSL {S PORE IMAINLINER [LAX IUST |SAV [NYC INFX I A. VESSEL 11/11 m IBERIA 5/12 14/12 17/U I*l2 BUIJ 2IM KAOHSIUNG 17/11 ZM HAIFA 04/12 WWW WU ZIM OSAKA N/11 {IM MONTREAL
      655 words
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      Page 33 Advertisements Column 3
      598 33 Msing kwang hang «m*«no a transportation <rri) ltd WEEKLY LCL/FCL SERVICE [vIsSEL [SPORE [JAKARTA [SURABAYA' JENHOL 141 11/11 14/11 U VESSEL 15/11 |16/11 I—[vissEL [spore [banokok' A VESSEL 12/11 is/11 |A"VESSEL 15/11 116/11 DESTINATIONS ETA SMOAPORE PORT KELANG 10 NOV MANILA 10 NOV HONG KONG, ALL CHINA PORTS 11 NOV
      598 words
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      Page 33 Advertisements Column 4
      483 33 -J PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA HA ETD ETA ETD PRASETIA 40-41 A 11/11 12/11 14/11 14/11 42-43 A 18/11 19/11 21/11 21/11 44 45A 25/11 26/11 28/11 28/11 46-47 A 2/12 3/12 5/12 5/12 Ganaral
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      Page 33 Advertisements Column 5
      436 33 SB tin mm 12/11 KEELUNG/KAOHSIUNG U/ll BANGKOK 10/11 MANILA 11/11 JAKARTA 11/11 PORT KELANG/PENANG 16/11 BUSAN 13/11 TOKYO/YOKO/KOBE 13/11 MONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai II EBMPE/m 11/11 LDN/FLX/LVP/SOU 11/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumanta/Poland/Bulgaria/Czech. SIN lISA/CANADA SIS y 13/11 L.A./NYC/SFO 13/11 VANCOUVER/TORONTO/MONTREAL l!M mmUA/HEW
      436 words
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      Page 34 Advertisements Column 1
      1151 34 HYUNDAI BMSfflSl MERCHANT MARINE CO., LTD. |^K3II3SEiIaHI»^H EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA FROM PSW LBH OAK St* HKG SIN HYUNDAI CHALLENGER M€ 10/11 16/11 04/12 07/12 10/12 HYUNDAI PIONEER 2CW 01/10 12/10 I*lo 02/11 W1 HYUNDAI INNOVATOR 2SE 11/11 23/11 11/12 14/12
      1,151 words
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      Page 34 Advertisements Column 2
      978 34 te JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POUT KELANG 10/U t 17A1 I MANILA ltyU A 17/11 PCNANG 10 LI 17/11 SUSAN 911 A 11/1 BANGKOK »/ll I U/ll TOKYO 9,11 i li,l MONG KONG *11 11/11 KOBC 9,11
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      Page 34 Advertisements Column 3
      649 34 UK/CONTINENT (TRIO) **.ft 11 Namburi to ClurUmn ktrhu, Urttwnturf. MMm SUcJINm S port P Kdjng S ton N'burg B'hmn *1 dam LXi y. BONN UPKtSS 111 1001 2*ll »11 111 W2 vu NrttartMi :to krtwri AMtortM. Otto. Stockhwm CARDIGAN MT Ml 4/U a/11 38/11 1/li 11? B'wiwnlunn :To Inw KNALMR
      649 words