The Business Times, 9 November 1989

Total Pages: 38
1 38 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, NOVEMBER 9, 1989 75 CENTS
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  • 237 1 Dow up WALL STREET prices opened higher yesterday with the Dow Jones index of 30 leading industrials up 7.17 points at 2,804.30 points Just after the opening bell. On Tuesday, the Dow posted a 14.96 point gain, closing at 2,507.13. AFP Footsie up LONDON SHARE PRICES extended
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  • 240 1 THE REGIONAL stockmarkets closed higher yeeterday, except for Hongkong where share pricee fell. In Hongkong, the stock market cloeed lower in subdued trading. Brokers said investors preferred to wait for interest-rate cuts and the outcome of the Communist party conference in Beijing. The
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  • 103 1 AFP PRESIDENT Suharto yesterday told ministers to do everything in their power to facilitate investment in industrial estates, Information Minister Harmoko said. Mr Suharto said that to boost the country's drive towarda industrialisation, procedures for investment in industrial estates should be simplified and processed
    AFP  -  103 words
  • 330 1  -  By TAN KEE WEE A SINGAPORE inventor-entrepre-neur has produced an air steriliser which kills all airborne micro-organisms. Designed and produced by local entrepreneur Derek Seah, director of Ai research Technology Pte Ltd, the air steriliser, Germitrol 200, has been found to
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  • 493 1  -  DECISION IS BITTERSWEET TO BROKERS By ANDREA BORCH THE KUALA LUMPUR Stock Exchange will consider graduated commissions for Mg share orders after the deflating of Malaysian sharea from the Stock Exchange of Singapore takee place by year-end, KLSE executive chairman Nik Mohamed
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  • 522 1  -  By ELAINE KOH SINGMARINE INDUSTRIES Ltd. a shipbuilder in tha Kappal group, is making a bond issue of about $109 million, with tha uauai sweetener of warrants. The issue is divided into a greenback portion of US$3O million and a SSSO-miliion issue of unsecured bonds
    522 words
  • 164 1 AFP THREE INDONESIAN ministers said yesterday that they had no knowledge of plans for the state-owned flag-carrier airline Qaruda Indonesia to go public, aa was reported from New York this week. "I only knew about it from the newspapers," said Financs Minister Johannes
    AFP  -  164 words
  • 746 1 SINGAPORE can expect a shift in the style of government when the prime ministership is passed on from Mr Lee Kuan Yew to Mr Goh Chok Tong, Brig-Gen
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  • Page 1 Advertisements
    • 67 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. fflnppmr Ptwn>; *****33 Kteii tumor. Ptona 757 0233 P«*ng:Phont; 615 986*19 014 Jikartr Ptow; 374 U66/*****72 Full report, PAGE 22 Regional markets, PAGE 24 World marketa, PAGE 28 SWM M'H ~>lC£ 1860 SOLE AGENT: W• I. I. •I. 'I
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    • 195 1 oper for $15.8 m Commodity 13 Editorial Comment 16 Slno-US rotations 7 n KLS Palm oil, Metals, A pacific idea of trade Threat of tougher sanctions ture-capitai firms says Produc Rubb r Tin Nik Din Company Meetings 22 Factoring 16 Simex trading 11 rn A Croasworda ig New (actor In
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    • 90 1 KLSE may Hat venture- compenlee, Page 21 Bally at the Royal Holiday Inn 910EE9 jmw Pf JT jasa^ 4£ M JBkZjtia^A I iiii w JbJ/' B A i. i. v IN T K R N A I I O N A i. C O I. I. F. C T I
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  • HOME NEWS
    • 451 2  -  By LEE HAN SHIH, Property Correspondent A MIDNIGHT RAID by unknown parties on a Chinese temple in Siglap with a view to demolishing it threatens to complicate matters even as the Hong Leong group is developing the land on which the temple
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    • 208 2 EDS INTERNATIONAL has won a $1.2 million contract to design, develop and implement a bus depot computer system for eight depots and two bus parks in Singapore. The local subsidiary of Dal-las-based Electronic Data System Corp won the contract from Sanyo Trading, which
      208 words
    • 142 2 PRINCIPALS of 20 top primary schools will be visiting Taiwan and Japan to learn the finer points of school management and teacher training. Sixteen principals will be attached to eight schools in Taiwan from Nov 26 to Dec 8. The remaining four principals will visit
      142 words
    • 352 2 PAKISTAN is offering special Incentives for setting up industries in Qadoon, an area in the north-west frontier province 80km from the country's capital, Islamabad. Abdul Hamid Afridi. Pakistan's Acting High Commissioner in Singapore, told
      352 words
    • 293 2 ORGANISATIONS using information technology (IT) to effectively promote their business interests will be recognised by way of annual National IT awards. In announcing its launch yssterday, the National Computer Board (NCB) general manager, Lim Swee Say. said the primary aim is to
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    • 212 2 THE US Commerce Department has postponed announcing the preliminary findings of an investigation into an alleged unfair trads practice of the Singaporebased Computsr Systems Advisors (CSA). Originally scheduled for announcement this Tuesday, the findings are now expected to be released on Jsn 8 next year.
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    • 990 3 ARRIVALS Operator Sorvtco numbor Local tfano From SEY HM601 0450 SB S1A SQ409 0615 MAA SiA Al/ SQ407 0645 Da SIA SQ4I1 0740 BOM SIA SQ023 0755 AMS/2RH FKA/AUH DtH LH788 0600 MAS MH640 0820 KUL MAS MH651 0900 P€N MAS MH630 0920 KUL ACA AC888 0950
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    • 185 3 THE SINGAPORE Manufacturer*' Association and tha Yokohama Industrial Instituts srs organising savsrsl industrisl sutomstion workshops to hslp smsll- snd msdium-sizsd sntsrprisss sutomsts. To bs hold from Nov 24-27 st ths Work! Trsds Csntrs in conjunction with ths Singspors Intsrnstionsi Fsir, ths workshops will focus on
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    • 93 3 SOME $12 million will bs invsstsd by ths svistion board in ths next five years to upgrade Changi Airport's rsscus snd firs fighting fscilitiss, ssid ths Minister of Stats for Communications Information and Trads Industry yssterday. This yssr, some $6 million will be spsnt to sdd to
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    • 510 3  -  By SUZANNE SOH CONTRARY TO expectations that the tenders for the liquor and tobacco shop at Changi Airport Terminal 2 would attract many bigwiga in the busineaa, only three bidders showed up when the tenders closed yesterday. Submitting a bid which
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  • Page 2 Advertisements
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  • Page 2 Miscellaneous
    • 211 2 Qlobal temperatures and weather forecast i city Max/ Not* OUTLOOK: Sho»«r« Mid over N«tril inai In ro 6m.l»nmoon. Report for 24 houri prior Abordoon 13/06 Windy to 7.30pm on Nov Amstofdom 14/07 Cloudy <*Po*> Alhom 16/09 Cool **mp ttS Auckland 21/14 Windy Aoooc ImmMßy 66 Bangkok 33/25 Showon **ln 6tJ
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  • Page 3 Advertisements
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  • FOREIGN NEWS
    • 412 4 DROP FROM PREVIOUS TWO YEARS Reuter THE ORGANISATION for Economic Cooperation and Development (OECD) in its December semi-annual economic report has made preliminary 1990 forecasts of 3 per cent growth in the industrial world after 4 per cent for the last two years, the
      Reuter  -  412 words
    • 238 4 AP THE WORLD traded a record US$2.7 trillion worth of goods last year, with the US and 19 other industrial countries accounting for US$2 trillion of it the International Monetary Fund reported. The overall total was an increase of 15 per
      AP  -  238 words
    • 110 4 Reuter BLACKS made political history in US elections on Tuesday by winning the mayoralty of New York, America's largest city, but a grandson of slaves was locked in a near dead-beat to become governor of Virginia. With 99 per cent of precincts reporting
      Reuter  -  110 words
    • 265 4 Reuter WORLD BANK president Barber Conable said on Tuesday that loan applications from borrowing nations might be affected by how much they spend on the military. "We are going to have to start looking at military expenditure," Mr Conable told journalists at
      Reuter  -  265 words
    • 300 4 NYT US SEMICONDUCTOR MAKERS are unlikely to capture the 20-per cent share of Japan's computer chip market by 1991 that the US claims Japan has promised to deliver in a controversial 1966 trade pact, industry officials from both countries Indicated on Tuesday. Japanese
      NYT  -  300 words
    • 139 4 AP A JAPANESE electronics industry group has offered to share information about advanced high-definition television with US semiconductor makers to allow them to produce components for the Japanese-developed television system, US industry officials said yesterday. The Electronic Industry Association of Japan said
      AP  -  139 words
    • 324 4 Reuter THE US CONGRESS has approved an increaae in the US government's borrowing limit to a record US$3.l trillion and narrowly averted the first US default on its international and domestic debt. After daya of private negotiations, Senate leaders untangled lata on
      Reuter  -  324 words
    • 394 4 AP THE US has been criticised for pressing other countries to adopt trade liberalising agreements it does not observe. At a regular council meeting of the 97-nation General Agreement on Tariffs and Trade in Geneva on Tuesday, Canadian and European Community officials
      AP  -  394 words
    • 232 4 Reuter A SENIOR US official said at the end of two days of trade talks with Japan that he was dissatisfied with Japan's inflexibility on reducing trade barriers that contributed to the large US trade deficit. Charles Dellara, Assistant Treasury Secretary for
      Reuter  -  232 words
    • 212 7 AP THE US Federal Aviation Administration ordered inspections of newer Boeing 737s for possible missing bolts in door framee and of older 747s for possible cracks. The FAA said on Tuesday that both problems could lead to rapid decompression of
      AP  -  212 words
    • 262 7 Reuter FIERCE DEBATE is raging in a major meeting of China's Communist Party with central planners wanting to squeeze the economy further to reduce inflation pitted against those arguing for an easing of austerity. Chinese sources in Beijing said yesterday that
      Reuter  -  262 words
    • 259 7 Reuter PRESIDENT George Bush, citing an old Chinese proverb, said it was up to Beijing to take the first step to repair relations with the United States after the crackdown on pro-democracy demonstrators. "The Chinese have a slogan: He who ties the knot should
      Reuter  -  259 words
    • 466 7 BILL CONDEMNS CHINA'S TIANANMEN SQUARE MASSACRE AP US HOUSE AND SENATE negotiators, acting with President George Bush's assent, agreed this week on a stiffer set of trade sanctions against China in response to June's Tiananmen Square massacre. The sanctions were included
      AP  -  466 words
    • 268 7 NYT, Reuter THE BANK OF TOKYO and Fuji Bank will extend new loans totaling about US$BO million to the Philippines as part of an international effort to reduce that country'a foreign debt, bank spokesmen said on Tuesday. The Bank of Tokyo will provide
      NYT,; Reuter  -  268 words
    • 174 7 AFP A SENIOR US official expressed confidence on Tuesday that Washington and Manila will agree on extending the lease for two strategic US military bases in the Philippines when negotiations begin later this year. Speaking a day before Philippine President Corazon Aquino arrives for
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    • 152 7 Reuter THE SWEDISH GOVERNMENT has reached an accord with opposition parties on a major tax reform which will mean sharply higher petrol prices next year offset by lower income tax, Liberal Party leader Bengt Westerberg said in a statement Petrol tax will rise by
      Reuter  -  152 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 271 5 Our residential team homes in on the best deals around. H iriiiMßii s Hi—iiir gj kj k MMM —^IT—» Ml Mm *i m lalHlia ialSHlfti^^H m*Fw* —.—■g—f-T Tfftifin —m -BMBB KB 8| ill iilßttlaa "f ailMiiiHM Homing in on the best deals requires extensive research resource and experience They are
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 232 7 I I^BBSBBk9U^'^ v v.4. j- iMitab *'0 FURTHER EVIDENCE OFOUR ENGINEERS'ACUTE SENSE OF HEARING They listen closely to the comments of Jaguar drivers. A new engine management system which cuts throttle All the while, new computerised, advanced anti-lock and the finest inlaid veneer. These have been incorporated in a series
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  • Page 7 Miscellaneous
    • 70 7 Doonesbury by garry trudeau MyjBMT I HEARD THEWHAT A BIZARRE TURN OF WHILE BACK IN HIS OFFICE, HE [BEAM# 0H... SORRY, NMS FROM MISS NICKIt < EVENTS! I MEAN .HERB'S THE SPENPSALIMY CHOMPIN6 ON MUXW MtSSNiCKJE. I'M 5000 SORRY YOU'RE NATIONS PRU6 CZAR (mSE&N3 AN ALKALCHP SO POISONOUS (Vs IPIPN7MEAN
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  • FOCUS
    • 690 8 Rising property and rice prices are giving the government of South Korean President Roh Tae-Woo a political headache. In both cases, the administration will have to work out a delicate balance between business and consumer interests, and make
      Reuter  -  690 words
    • 785 8 Reuter SOUTH KOREA is caught in a political whirlwind over the price of rice the staple grain that is a major source of income for the nation's rural poor. Preaident Roh Tae-Woo's government is struggling to balance two conflicting needs curbing the inflation
      Reuter  -  785 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 161 9 T RAD E P I N A N C E f/— 6IW StxurilyPai'ifk' NitKoul Ktnli ;v .i N if your business is in the process of expanding into handle any of your trade finance and capital investment needs. L f| |;i f new markets, you need a hank you can
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  • MONEY AND EXCHANGES
    • 1251 10 CURRENCY FUTURES OPTIONS Wednesday November 8 1989 PEUTSCHEMARK (8IMEX) Dec 88 call* Dec M put* High Lew Sett High Lew Sett 32 53 54 JAPANESE YEN (SIMEX) Dec 88 calls Dec M ptrta Httfi Lew Sett High Low Sett 72 73 75 I MM Tuesday, November 7, 1989 BRITISH
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    • 765 10 SINGAPORE: The US dollar closed mixed yesterday. marginally higher against the yen and slightly lower against most European currencies after quiet trading. The greenback rose to 143.00/10 ysn from New York's 142.85/92 and eased to 1.8395/1.8405 marks against 1.8410/20 marks. Its undertone was soft on speculation the Fed
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    • 207 10 Gold futures on November 7, 1989 100 tray ouncn. USS par froy oui K8 Opaa Mfh Low •Mte No. 384 00 384.00 384 00 386 20 4.70 DK 388 00 Mi 90 386.80 38&40 ♦4J0 Jan 90 390 60 4 60 Fab 392.00 393 40 391 _50
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    • 512 10 Reuter EURODOLLAR futures closed quietly steady yesterday. December rose to 91.65 from Chicago's 91.63 while March and June were unchanged at 92.06 and 92.11, respectively. About 29,520 lots wsrs trsded. In Eurodollsr options. 25 calls and 31 puts changed hands. Thrse-month Euroyen futures ended lower on profit-taking in fairly
      Reuter  -  512 words
    • 274 10 Reuter IMM CURRENCY futures closed moderately higher on Tuesday after a session of thin, choppy trade. Early gains stemmed from overnight erosion in the US dollar, plagued by Monday's sharp late drop in the stock market. Currencies hovered higher the rest of the session. but failed to draw vigour
      Reuter  -  274 words
    • 190 10 Indicates ttx w>m> of (m prim* l*oding rttM of 12 ma|or banks In B'pors Interbank market rates (ofter/bld) on Nov 8 USS DM SWFC Y«n 7 do r 4 11/14 —4/1* IS 14 7/4 7 11/14 11/14 7 1/4—1/4 4 S 7/4 I 4 J/4 4 1/1
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    • 107 10 Treasury bills Period Issue Yesterday's dosing Day's code Moturlty WD OFFER HIGH LOW 3 months BQ*****E 08.02.90 4.31 4.36 4.39 4.38 6 months 6S*****V 18.01.90 4.31 4.36 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 RIO
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    • 239 10 Asian market ASIAN dollar deposit rates endsd lower yesterday after a day of light trading. Dealers said rates weakened in the afternoon session mainly on lending interest The market was looking to today's release of the US October producer price index, they added. us$ cww no 7 doy* 8 11/16
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    • 68 10 THE overnight rste on the Singapore money market was 1/16 point lower at,. 5-3/8 per cent yesterday. One and two-month term, rates were down 1/16r> point each while threemonth remained un-* changed S$ Interbank rates at the close yesterday: OFf« WO Ov#f nigto 5 3/8 5 1/4 1-monrti
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  • Page 10 Advertisements
    • 214 10 r FOR SALEBYTEHDE^ Tender Closing Date 4 pm, Ist December 1989 Guan Hua Building 133 Middle Road Lettable floor area of ***** sq f ft comprising 12,792 sq ft of shops and ***** sq ft of office space J Occupancy 0f94.5% Good reversionary yields on the lease renewals iuM MW
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    • 69 10 This announcement appears as a matter of record only. A Indian Bank (Incorporated in India Wholly Owned by Government of India) The Colombo Foreign Banking Unit of Indian B*nk U. 5.525.000.000 Negotiable Floating Rate Certificates of Deposit due October 1992/94 Arranger and Lead Manager Bayerische Landesbank Girozentrale. f Singapore Branch
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  • BANKING AND FINANCE
    • 215 11 Reuter A FEDERAL RESERVE move to cut short-term interest rates on Monday and Tuesday is likely to bring down most commercial banks' prime lending rate to 10 per cent from 10.5 per cent, according to a Washington Post report. The Post, citing financial
      Reuter  -  215 words
    • 125 11 Reuter BANK OF JAPAN Governor Satoshi Sumita said yesterday it was too early to say whether the US Federal Reserve Board had started easing its credit stance. He told reporters in Tokyo the general view of the US economy among market operators
      Reuter  -  125 words
    • 243 11 Reuter MORGAN STANLEY GROUP INC has received approval from Japan's Finance Ministry to open a banking representative office in Tokyo, the first step towards expanding its foreign exchange activities in Japan. A Morgan Stanley Japan Ltd spokesman said on Tuesday
      Reuter  -  243 words
    • 403 11 FT BARCLAYS DE ZOETE WEDO and Morgan Grenfell, the beleaguered UK merchant bank seeking a white knight to fend off Banque Indosuez, called off talks on Tuesday. Morgan, however, said that it remained in discussion with "a limited number'' of other institutions. Its share
      FT  -  403 words
    • 182 11 Reuter NEW ZEALAND'S state-controlled pension fund National Provident Fund (NPF) said yesterday it had set aside NZ5161.4 million for its 80 per cent stake in merchant bank DFC New Zealand Ltd. which the government placed in statutory management last month. NPF
      Reuter  -  182 words
    • 531 11  -  By SOH TIANG KENG, Flnanclal Correspondent OPTIONS TRADING in currency futures at the Singapore International Monetary Exchange (Simex) has been brought to a grinding halt because of a lack of interest. Since September, there has not been a single options
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  • Page 11 Advertisements
    • 154 11 THE CRICKET \^^firiXC3 ■M^^gjSSlml r ,-> v. M/^KtIKSBSS^*j SWISS MADE SWISS MECHANICAL MOVEMENT I 7 JEWELS, INCABLOC 20 MICRONS GOLD- /T| PLATED CASE, DOUBLE STAINLESS STEEL BACK \l/ WITH SOUND TRANSDUCER DIALS IN CHOICE 11 OF WHITE, GOLD, OR TWO- nrx TJ T t m MX m rX T TONE
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    • 123 11 Who does the biggest bank count on to make them the fastest? On 4th November DBS Bank became the first previously possible and with greater reliability. bank to link its latest ATM at Eunos MRT Station to Which means, DBS Bank's customers can now Diginet, a fibre-optic based network provided
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  • COMMODITIES
    • 339 13 RAS prices In 8 centm/fcg, FOB In ImIm NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 161.25 162.25N 161.50 162.50N Int 1 RSS Dec 164.25 164.75 164.50 165.00 Int 1 RSS Jon 90 167.50 168.50 167.75 168.25 Int 2 RSS OP 159.50 161.50N 160.00 162.00N
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    • 166 13 THE KUALA LUMPUR Tin Martet continued Its technical correction to last week's sharp fall, closing 35 cants firmar at M 519.41 a kg yastarday. "Buying Intaraat amargad strongly from Europa, Japan and locally following a furthar price rally In London," a tradar said. Opening bids were at 256
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    • 301 13 SINGAPORE: Prices closed higher yesterday with December One RSS buyer quoted st 164.50 cents a kg. one cent higher than Tuesday's close. Dealers said prices rallied in early afternoon trading on speculative buying inspired by a firmer close in Japanese markets, but a lack of followth rough support and
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    • 195 13 Chinese Produce Exchange Sellers' non dosing prices on Nov 8 (SS/100 kg) Coconut oil Bulk FOB 90.00 Old drum FOB 104.00 New drum FOB 100.00 Copra Mixed (loose) 52.00 sellers Pepper Muntofc white FOB NLW 465.00 Sarawak white FOB foq NIW 455.00 Sarawak spedal block FOB NLW 387.50
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    • 357 13 HONGKONG: Short-covering by the US, Japanese and local traders late in the session pushed gold up to close higher yesterday. A weaker greenback and the instability of the US stock market had encouraged active trading and turned market sentiment bullish. Bullion ended at U*****.70/388.20 an ounce up from
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    • 203 13 London Commodity Exchange Buyer/Seller closing prices on Nov 7, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-stor* London, sollors option CIF London Nov 705/707 (711/715) High/Low 716/705 Jan 684/685 (685/693) High/Low 693/680 Saks (2066) Cocoa Doc 723/724 (716/718) High/Low 724/715 Mar 696/697 (688/692) High/Low 697/685
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    • 118 13 CHICAGO BOARD of Trade soybean futures closed mixed on Tuesday, with spot November off 1/4 US cent per bushel and deferred months mostly higher. Trading was lacklustre and prices in actively traded months were contained in a three-cent range. Buying was mostly by commission houses and selling was spread
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    • 121 13 CHICAGO BOARD of Trade soft red winter wheat futures closed mixed on Tuesday, with commission houses Shatkin and Rosen-thal-Collins each featured buying about two million bushels of March near the close. Prices were contained in a narrow range throughout the day as upcoming export business to Pakistan, the Philippines
      121 words
    • 484 13 Bernama TIN MINERS should seek the assistance of the Ministry of Primary Industries to help restrict disposals of tin stocks by Malaysian banks, especially in a depressed market situation, dealers said Dealers and others in the industry said yesterday that it was
      Bernama  -  484 words
    • 151 13 Telerate FUEL OIL prices drifted slightly higher on the Singapore market yesterday. Sentiment, however, remained mixed on limited availables. few imported cargoes, a lack of demand and current high refinery runs. Buy indications for November-December CSTIBO were at U5595.5 MT FOB Singapore, while talks for CST3BO
      Telerate  -  151 words
    • 496 13 MALAYSIAN crude palm oil prices eased after initial steadiness to close lower in continued thin trading yesterday, on lack of followthrough buying and reflecting a fall in palm oil futures. November south fell Mslo to M 5742.50 a tonne while December south ended Mss down at M 5757
      496 words
    • 157 13 Bernama MALAYSIA will control nearly 50 per cent of the world market for extruded latex thread by next year after Filmax Sdn Bhd. a wholly-owned subsidiary of Heveafil Sdn Bhd, begins production to its full capacity by August next year. The increased production,
      Bernama  -  157 words
    • 311 13 NYT SAUDI ARABIA has announced the discovery of a major oilfield that has the variety of light crude in most demand around the world because it can be refined into products such as petrol with relative ease. The Saudi oil company, Saudi Aramco,
      NYT  -  311 words
  • Page 13 Advertisements
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  • ADVERTISING & MARKETING
    • 304 14  -  By JOHN TAN PROVIDE feedback to manufacturers about their products and be in line for prizes. Sounds too good to be true? Not to Shoppers Voice, which will be launched in this Sunday's newspapers. The enterprising concept behind Shoppers Voice, billed as the
      304 words
    • 319 14 THE DISPUTE over the "anti-es-tablishment" Soviet watch has taken a new twist. While the ad that Soviet diplomats found offensive is back in print and the watches back on the shelves, distributor Dickson Marketing is not ruling out the possibility of taking action
      319 words
    • 557 14  -  By SANOEETA MULCHAND A GOOD ADVERTISEMENT is more than a "hit or miss" affair. And advertising agencies are more than willing to put their money where their creative minds are. "Good creative people tend to be better paid than accounts or media people
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    • 290 14  -  QUAK HIANG WHAI THE CENTRAL Provident Fund (CPF) Board has appointed Ogilvy Mather Singapore its public relations consultant to help beef up its public relatione unit. The appointment adds the CPF Board to the growing list of government ministriee and statutory boards which
      290 words
    • 629 14  -  TV m Marketing. Matters I By JOHN SEFERT THE SHAPE of tomorrow was outlined recently in New York by group of researcher* studying the changing political, social and economic envlronhment around the world. The group predicted great change along these fronts which will
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  • PERSPECTIVE
    • 462 16 BUSINESS TIMES THURSDAY, NOVEMBER 9, 1989 LIN THE ECONOMIC FIELD as much as in the intellectual, it is impossible to stop an idea whose time has come. By that measure, the Idea of Asia-Pacific cooperation is one which not only has arrived, but is here
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    • 1985 16  -  Just about everybody in corporate lending is getting into factoring an old scheme for financing sales that is gaining favour among manufacturers and exporters. But established factoring houses warn of a shakeout. QUAK HIANG WHAI reports. QUAK HIANG WHAI FACTORING a source of financing
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    • 1448 17  -  The 1990s begin in a few weeks' time and promise to be a turbulent decade. But the US Administration has no clear-cut strategic policies on the East Asian region. Dr Larry Niksch, senior research analyst with the US Congress, was recently in Singapore.
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    • 1055 17 Asahi JAPANESE CONSUMERS have begun to question the nation's complex and expensive distribution system, but many retailers say their customers don't seem to mind the added cost and add that they have no intention of changing the way they do
      Asahi  -  1,055 words
    • 847 17 IN THE *****, the US will have to work beyond Japan and China aa other smaller but growing countries in East Asia become more prominent. This means, says Dr Larry Niksch, the US will have to give priority in its
      847 words
  • Page 16 Advertisements
    • 274 16 i I mtm MA■A M I -SSfSS .yw'" J 1 ■^Tt^Bl'P l^ mHHBHBB --TmMHMHBHHHHHHI SO WE :3§§lP s§s§S |HK] «rf"«l AEROSOLS T— I Wniklnt the best mattres-s t>e no mattress at id) CAN COST £m y^ —>v IT GIVES A WHOLE J fc^z^\ Just think, if jkki could actually float
      274 words

  • Page 17 Advertisements
    • 251 17 i To Sell Ads Like Those, You Need Balls. And Balls Need You. Not one of the extraordinarily the account handlers. Together, they successfu' ads on the opposite page thrash it out, before a single mark is was produced without a razor-sharp made on a layout pad. agonisingly-tight, written, strategy.
      251 words
  • Page 17 Miscellaneous

  • LIFESTYLE
    • 811 18  -  SCENTS By NICOLAS B TATRO AP THE ANCIENT WORLD'S femmes fatales spent a fortune on perfumes, and the vanity of at least one Biblical king can be measured by the size of his bathtub. The lavlshness of the ancients' royal boudoir and bath
      AP  -  811 words
    • 754 19  -  FAMILIES By JILL SERJEANT Reuter WHEN GIOVANNI decided at the age ot 27 to leave home and take a city flat, his mother was so distraught she refused to speak to him for six months. Giovanni, a schoolteacher in Rome, was breaking a
      Reuter  -  754 words
    • SHORT TAKES
      • 69 19 FRENCH mima maestro Marcel Marceau, currently on a tour of India, has pledged to help set up a new mime academy in Calcutta. "Of all places in India, Calcutta seems to be the best becsuse of the city's tremendous artistic temperament," the 68-year-old veteran
        69 words
      • 106 19 Agencies ALL FILMS banned after Soviet tanks crushed the short-lived reforms of Alexander Dubcek in 1968 are to be screened again in Czechoslovakia, said the Communist Party daily Rude Pravo. Czechoslovakia's cultural officials were quick to add, however, that the decision was not meant to
        Agencies  -  106 words
      • 155 19 SOUTH KOREA'S vetersn film producer Shin Sang-Ok. who was abducted to and later escaped from North Korea, is to make a movie about the 1967 downing of a South Korean airliner, he said in Seoul yesterday. Shin, 63. presented to the press Kim
        155 words
      • 135 19 OSCAR WILDE died from an ear infection that inflamed his brain and not from syphilis acquired during a sexually profligate life, a medical expert said in Chicago on Tuesday. Mac Donald Critchley, past president of the World Federation of Neurology and consultant at the National Hoepital.
        135 words
  • Page 18 Advertisements
    • 867 18 If Where tv entertain... Where to entertain... Where tv entertain,., Where ft? cCassics of (juangzhou NOVEMBER 6-19 "A good life is to be born in Suzhou, live in Hangzhou and eat in Guangzhou", so goes a well-known Chinese idiom. The Westin Plaza has brought in 3 master chefs from Guangzhou's
      867 words
    • 243 18 BEIJING'S BEST bSskß*^ U(/Ai The best of Beijing at the Pine Court's Lunch oui Buffet las®?® |f y OU 've enjoyed our sumptuous Baked 35th Floor f enc h t steamed Dumplings, Double-Boiled Duck Soup with Herbs and Shredded Duck Meat with Bean Sprouts served with Empress Purse, you'll be
      243 words

  • Page 19 Advertisements
  • Page 19 Miscellaneous
    • 582 19 cryptic PUZZLE riZLiZZCEZHKZKTEZ 16 Doctrine that msy have |^5 17 Those on the far left of 26 I 27 j |Hf 19 More than the ultimate 29 21 Whence to take a letter 22 The helmsman did so, 23 mofa U (4) n rth W th 8 Much ,ood r
      582 words
    • 1378 19 TV and RADIO I T—II miimi i 111 m I HHh i t»»- «.-fry-,* 2- i' 9VlCratt3p^-* 1 l r >"!r 1 C '#V MvWiliMrl KBWHHHBHHHHHHiHHHHBHHHHHHHBMBHHHHHHHi John Waym In oo« of his Oscar winning movies, True Grit OUR CHOICE out his umpteenth doath wish. Andrew 7 TRUE GRIT 830 pm
      1,378 words

  • SPORTS
    • 474 20 TENNIS AP MATS WILANDER won his first tennis match in more than two months on Tuesday, outlasting Udo Riglewski in the second found of the Stockholm Open. Wilander, looking sharp and playing with confidence, rallied to beat the hard-hitting West German 5-7, 6-2, 6-2 on the Gltfbe
      AP  -  474 words
    • 472 20 AP AI.EXANDER VOLKOV of the Soviet Union wore down fourthseeded Jimmy Connors and upset the 37-year-old American 3-6, 6-4," 7-6 on Tuesday in the first round cf a men's tennis tournament in Wembley. Connors squandered a match point in the third-set tie-breaker to give
      AP  -  472 words
    • 329 20 BOXING NYT WHEN STANLEY WESTON added Ring magazine to his publishing empire of four boxing and nine wrestling magazines several months ago, he rejuvenated one of boxing's oldest and most respected institutions. "If the Ring magazine had not returned, it would have been like losing
      NYT  -  329 words
    • 393 20 BASKETBALL AP KEVIN EDWARDS scored 15 points and Tellis Frank and Rony Seikaly each added 14 as the Miami Heat held off two late charges and beat the New Jersey Nets 83-77 on Tuesday for their first victory of the season. The Heat, a second-year
      AP  -  393 words
  • Page 20 Advertisements
    • 542 20 f Tee-off at midnight with Business Times lancy plaving 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 possible with Business Times. Now, when latest local and foreign business news and award. you subscribe to Business Times
      542 words

  • COMPANIES & STOCK MARKETS
    • 426 21 AMCOL HOLDINGS' shareholders have been independently advised that the group's contro-versy-laden plan to buy a 172hectare site in Johor for a Msloo million development project is "fair and in the interest of Amcol". The group's independent directors will also be voting in favour of
      426 words
    • 307 21 Bernama MALAYAN BANKING Bhd is negotiating to purchase at least 50 per cent of Arab-Malaysian Eagle Assurance Bhd in a bid to move into the lucrative lifeinsurance business. Arab-Malaysian Merchant Bank (AMMB) owns 62 per cent of Arab-Malaysian Eagle, with the
      Bernama  -  307 words
    • 534 21 MBT THE KUALA LUMPUR Stock Exchange (KLSE) is prepared to evaluate the possibility of listing venture-capital companies, particularly in the mineral mining industry. Disclosing this at a lunch talk organised by the Institute of Mineral Engineering yesterday, KLSE executive chairman Nik Mohamed
      MBT  -  534 words
    • 597 21  -  By WILLIAM CHIA HTP HOLDINGS Ltd, a member of the diversified Jack Chia-MPH group, has agreed to purchase New Zealand-based Universal Homes Ltd (UHL) for NZ$l3.5 million (5515.6 million). HTP said yesterday that its wholly-owned subsidiary, Icarian Equities Ltd. has signed an agreement with
      597 words
    • 168 21 MAGNUM CORPORATION has bought an additional 6.5 million shares in Kamunting Corporation for M 58.54 million, raising its stake in the company from 4.51 per cent to 9.55 per cent. The additional acquisition was made on Oct 26 and 27 through Magnum's
      168 words
    • 209 21 C C Bintang to sell industrial site for M$29m Bernama CYCLE AND CARRIAGE Bintang Bhd has conditionally agreed to sell a 12.66-hectare industrial site in Shah Alam to Japanese steelmaker Kobe Steel Ltd for M 528.98 million. The sale of the freehold site is conditional upon approvals from several quarters
      Bernama  -  209 words
    • 316 21 ARAB MALAYSIAN Development Bhd has reached an agreement with shareholders of Supermix Concrete Malaysia Sdn Bhd to merge the ready-mixed concrete operations of Taimet Concrete Industries Sdn Bhd and Supermix. Taimet is a wholly-owned subsidiary of AMDB and Supermix is a member of the Associated Pan Malaysia Cement
      316 words
    • SES
      • 1089 22  -  by ABDUL HADHI CAUTION prevailed yesterday and share prices closed little changed despite Wall Street's overnight gain and rises in Tokyo and Sydney. Concerned with the stodgy performance of the stock market since the mini crash of 1989, some brokers are turning increasingly
        1,089 words
      • 309 22 Mitogen' prices fo* Nov 8 <U Royal Trust Asset Mgt IT S'por# Gf Fund 080* 086* IT Asia Poc Gf fund 108 114 Singapore Unit Trust Th»CoM*rc« 1.17 124 TWtavingj Fund 100 106 S'p4t* Frog Fund 044 048 Vpdfe S«c Fund 074 0 79 S oaf® 1i»v«rt Fund
        309 words
      • 51 22 GANDA HOLDING BERHAD: EGM at 10th floor, Wiama Cantral. Jalan Ampang,so4so Kuala Lumpur. Malaysia, on Nov 11. Saturday. at 10.30 am. ROTHMANS OF PALL MALL (MALAYSIA) BHD: 28th AGM at Petaling Jaya Hilton Hotal. 2 Jalan Barat. ***** Petaling Jaya. Selangor Darul Ehsan, on Nov 13. Monday, at
        51 words
      • 6541 22 Qr's Qr'a 1989 Tel Laat Vol Day Last Quota Dlv Dlv Y'ld Nat M Cap High Low Coda Company Sala or- (*000) High Low Buyar Seller C'vr PIE $mll NOV 08 4 m SESOAQ 910 120 t 4000 Amtek Eng 20* 306 call +6 48 310 302
        6,541 words
    • KLSE
      • 3516 23 MBT THE three-day retreat on the Kuala Lumpur stock market was interrupted yesterday when buyers made a comeback and reversed the downtrend. The buying was especially strong in blue chips and second-liners which posted double-digit gains. Reflecting the firmer close, the 30-counter New Straits Times Industrial Ordinary
        MBT  -  3,516 words
    • REGIONAL MARKETS
      • 625 24 Tokyo Reuter AN INJECTION of optimism boosted Tokyo stocks back to health yesterday after a three-day slide, with prices cloeing sharply higher in brisk trade. Construction stocks led the surge and buyers also targetted scattered incen-tive-backed shares. "A stronger yen and stabilised interest rates brought relief to
        Reuter  -  625 words
      • 79 24 Reuter JAKARTA stock prices remained under pressure yesterday, bringing the index down 0.68 points to 437.49 on turnover of 490.950 shares. "More new shares came in at almost the same time, but the investors are about the same people. Without freeh capital inflow, prices will be difficult
        Reuter  -  79 words
      • 61 24 Reuter NEW ZEALAND shares ended marginally higher in dull trade yesterday, the Barclays Index rising 0.91 point to end at 2.059.11. The focal point yesterday was Lion Nathan, which finished 18 cents down at NZ$3.BO with the market anticipating the lower than expected annual result. Turnover
        Reuter  -  61 words
      • 201 24 Reuter SEOUL STOCKS yesterday fell for the third day in a row despite widespread predictions by analysts that prices had hit bottom. The composite index rose 1.4 points in the morning but late sellings more than wiped out the early gains. It closed st 872.88, down
        Reuter  -  201 words
      • 1287 24 Hongkong SHARE PRICES ended easier in thin, subdued trade yesterday, with most investors awaiting direction, brokers said. The Hang Seng index fell 7.02 to 2.731.07. The market had risen about 17 points in early trade on Wall Street s 14.96-point Tuesdsy rise, but later
        1,287 words
      • 249 24 Reuter THAI stocks finished mixed yesterday in speculative trade focuaed on secondary issues in the service and packaging sectors, brokers said. The SET Index gained 2.19 points to close at 704.24 in active trade, with advances leading declines 69 to 41. Most active were Pa- daeng Industry.
        Reuter  -  249 words
      • 430 24 Reuter THE Taiwan stock index bounced to a higher finish yesterday after a day of wide price swings prompted by wave after wave of conflicting rumours. The weighted index rose 94.56 points, or 0.94 per cent, to finish at 10,119.85 compared with Tuesday's 10,025.29 close. Turnover dropped
        Reuter  -  430 words
      • 99 24 Reuter SPECULATIVE buying yesterday by individual investors fuelled a market rally, ending at an all-time high of 1,356.73 points for the Manila exchange composite index. "There was s consistent upward trend as investors, mostly individuals, had optimistic expectations over the results of President Corazon Aquino's (North American)
        Reuter  -  99 words
      • 501 24 Australia Reuter A SURGE in gold bullion prices pushed Australia's share market to a firmer close yesterday, aided by positive sentiment from Wall Street s partial recovery after a 47-point slide on Monday. The All Ordinaries Index closed 10 points higher st 1,657.6, but was off its
        Reuter  -  501 words
    • WORLD MARKETS
      • 813 25 New York Reuter WALL STREET stocks closed higher on Tuesday on a growing belief in financial marketa that the Federal Reserve has eased credit policy. Bargain hunting after Monday's 47-point decline also lifted stocks, as did programme buying. The Dow Jones Industrial Aversge gained 14.96
        Reuter  -  813 words
      • 806 25 London Reuter SHARE PRICES opened firmer yesterday, near to the psychological 2,200 barrier on the FTSE index, due to a general mark-up on relief that New York posted a 15-point gain on Tuesday. Dealers said there had been widespread concern that Wall Street faced further declines
        Reuter  -  806 words
      • 1894 25 Reuter FRANKFURT: German shsres advanced on shortcovering yesterday after steep losses on Tuesday, but failed to sustain a rally as investors remained sidelined. "Prices are somewhst better, but there is little going on," said one dealer on the bourse floor. The 30-share real-time DAX index stood at
        Reuter  -  1,894 words
      • 132 25 Reuter SHARE price* finished lower for the third day in e row despite widespreed institutions! buying ss national elections. ]ust two weeks swsy, undermined sentiment yesterdsy. brokers said. The msrket is trying to digest a possible change of government which is not the best of news," said
        Reuter  -  132 words
      • 350 25 Reuter SHEARSON LEHMAN HUTTON Inc. one of the largest US brokerage companies, said on Tuesday that it would lay off several hundred workers over the next few weeks because of a recent slowdown In stock market activity. The cuts would be
        Reuter  -  350 words
      • 114 25 Reuter TEXAS INSTRUMENTS Inc Mid on Tuesday that Its Tsxss Instruments SPA Italian unit had entarsd into a four-yaar, US$l.2 billion invastmant agrsamant with tha Italian govarnmsnt aimed at expanding the company's Italian operations in order to better serve European customers. Under the agreement,
        Reuter  -  114 words
      • 185 25 AFP BRITISH tobacco and services conglomerate BAT aaid on Tuesday that it waa breaking with its French banker, Paribas, accusing it of supporting a hostile takeover bid by the Hoylake consortium. British American Tobacco accused Paribas of aiding the Hoylake consortium, led by financiers
        AFP  -  185 words
      • 166 25 AFP BRITISH financial group Britieh and Commonwealth is putting subsidiary Gartmore Investment Management Ltd up for sale in a bid to improve profits and reduce debt. The sale of Gartmore, which managee investment trusts totalling £6.4 billion, waa expected to bring Britieh and
        AFP  -  166 words
  • Page 21 Advertisements
    • 542 21 Seminar on Corporate World, the Next Decade Dates November 20th 21st Singapore. November 23rd. 24th Kuala Lumpur Venue: Singapore Mandarin Singapore Kuala Lumpur Kuala Lumpur Hilton Time 800amto6 00 pm Sponsor: Corporate World Magazine. Kroll Associates Inc. USA Seminar Content: 1) Due Diligence Analysis The Bankers Insurance 2) Insurance Fraud
      542 words
    • 745 21 Keep your investment decisions on target CHARTPOINT Every Saturday in ITi weekly Personal Investment pages f Rabobank Group 1 I Head Office roeselaan IK 3521 B Utrecht. The Netherlands fl Singapore Branch :50 Rattle* Place *30-01 Shell Tower Sin#pore 0104 fl I Consolidated Balance Sheet Consolidated Statement of Income I
      745 words



  • Page 24 Advertisements
    • 687 24 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF CIVISTRUCT CONSULTING ENGINEERS (PTE) LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower. Singapore 0719 on
      687 words
    • 1432 24 I By Order of The Receivers Managers of Alifa Handicraft Re Ltd AUCTION SALE I MORE THAN 400 LOTS OF PERSIAN, PAKISTANI AFGHAN HAND-KNOTTED CARPETS, AND CHINESE SILKS Day/Date/Time: Sunday, 12 Nov 1989, 11am sharp H Venue: Hotel Le-Meridien Orchard, Lafite (Level 3) H Viewing: On day of Sale from
      1,432 words
    • 284 24 THE COMPANIES ACT, CAP. SO TRANSIT INN PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of TRANSIT INN PTE LTD duly convened and held at 35 36 Carpenter Street, Singapore 0105 on 3 November 1989 the following special resolution was passed WINDING UP It was resolved: THAT the
      284 words
    • 5 24 Bombay market report, PAGE 25
      5 words


  • 421 26  -  ONE-FOR-FOUR RIGHTS ISSUE AT MSI.BO By ELAINE KOH UMW HOLDINGS Bhd, the heavy equipment group, has finalised its one-for-four rights issue at Msl.Bo which will raise gross proceeds of M 590.78 million. The market had been expecting just such a cash call last
    421 words
  • 155 26 AFP NORTH KOREA yesterday slammed Japanese Prime Minister Toshiki Kaifu for advocating increased defence of Japanese sea lanes and agreeing to consider a plan to send Japanese troops abroad. Mr Kaifu's remarks were "an open indication of the intention to hasten the militarisation
    AFP  -  155 words
  • 527 26 AP THE BUSH ADMINISTRATION must "run faster" and plan better to meet increased competition for civil and military technologies from nations such as Japan and Korea, a top advisory board has recommended. "National security can no longer
    AP  -  527 words
  • 375 26 A FORMER senior executive of commodities broking firm Drsxel Burn ham Lambert was jailed for four years yesterday for cheating the firm through unauthorised trading. Francis Dang Yong Chiang, 41. who was the former vice-president of Drexel, admitted to two counts of
    375 words
  • 357 26  -  By FOO CHOY PENG, Hongkong Correspond#nt HONGKONG is to spend sbout HK$3 billion (Ss7so million) over the next five years to expand the Kai Tak airport before the new one at Chep Lap Kok comes on stream in 1997. The expansion
    357 words
  • 417 26 Agencies EAST GERMANY'S communist party centra! committer yesterday elected s nsw Politburo hssdsd by party chief Egon Krenz to replace the on* which resigned hours befors. The official AON news agency said Mr Krenz would lead the slimmed-down 11-member Politburo which includea four
    Agencies  -  417 words
  • 102 26 AP JAPAN welcomes Lsoe' economic and foreign poiiciee and will work to expand aid to the country, Prime Minister Toehiki Kaifu told Laotian Premier Kayaone Phomvihane in Tokyo yesterday A joint preea statement on the two leaders' meeting said that Japan would aend a
    AP  -  102 words
  • 81 26 Reuter COMEX GOLD FUTURES toll In early trading yesterday after climbing briefly at the opening on continued overnight Middle Eastern and Japanese buying. Commission house buying buoyed prices early. But selling by trade houses pushed prices down to Tueeday's lows. "The overnight market seemed to run up too
    Reuter  -  81 words
  • LATE FILE
    • 48 26 AFP THE HONGKONG-BASED Investment group Royal Trust Aaset Management launched a new fund which allows British institution* to buy stocks in Thailand's fsst-growlng small companies. Marketing executive Martin Holden said in London that the new fund had received "a very enthusiaatic response AFP
      AFP  -  48 words
    • 50 26 AFP FOREIGN trade ministers of Japan. Canada, the US and the EC will meet in Hakone, Japan, on Sunday for talks on liberalising services such as banking, inaurance, touriem and transport This will precede trede end tariff discussions in Tokyo, EC delegstion msmbsrs ssid yesterday. AFP
      AFP  -  50 words
    • 38 26 AP PHNOM PENH Premier Hun Sen said yesterday that "civil war" was "inevitable" in Cambodia becauae foreign countries were funnelling arms to guerrillas bent on teeting his govsrnment on the battlefield. AP
      AP  -  38 words
    • 55 26 AFP SOUTH Koraa suffered a US$l25 million trada daflctt with China on a custom ctaaranca baais in tha first aight montha of 1989, tha Trada and Industry Ministry in Saoul said yaatarday. During tha aama pariod laat yaar, South Koraa anjoyad a trada aurpius of
      AFP  -  55 words
    • 40 26 AFP MYANMAR's Minister for Trade, Finance and Planning, Col D O Abel, invited Petronas, Malaysia's national petroleum corporation, to help improve oil and gaa exploration work in his country, a Malaysian Finance Minietry spokesman said. AFP
      AFP  -  40 words
  • Page 26 Advertisements
    • 183 26 TEL: *****68 (5 Lines) W We are the same team from j EMPRESS HEALTH CENTRE I\ J with great differences I Massage Hot/Cold Pools Sauna Bath Steam Bath gymnasium Hair Salon v ottee Loun 9 e JPlfeJi V\] n- ANSOf< Business Hours 10 30am 11.00pm Luc x Ample Parking Lots
      183 words
    • 76 26 0< Your link to a work! of technological and innovative opportunities r'tf**] a 732 4567 This number links you to a world of business opportunities from < Ontario, Canada. From technology to telecommunications to investments, we have the expertise and resources to Z connect you to leading industries in Ontario,
      76 words
    • 33 26 I The sliver report was not available at press-time m M M LW Investments Jones Lang Wootton can: 220 3888 50 Raffles Place. #45-00 #46-00 Shell Tower. Singapore 0104. Fax: (65) 221 5775
      33 words

  • SHIPPING TIMES
    • PORTSIDES
      • 130 27 Reuter THERE HAS BEEN an explosion aboard the Mobil Corp oil tanker, Mobil Petrel, berthed at the Fawley Esso oil refinery near Southampton, England, Lloyd's Shipping Intelligence reported yesterday. The explosion at 2110 GMT followed attempts to plug a gas leak on the 280,428 dwt
        Reuter  -  130 words
    • 96 27 Reuter A SMALL DECLINE in the delay at Mile 202, Lock 26 on the Mississippi River was reported on Tuesday. The delay was 119 hours, down slightly from the 128.5 hours reported on Monday. Officials said 50 vessels were waiting to travel south, 45 vessels
      Reuter  -  96 words
    • 43 27 Reuter THE PANAMANIAN VESSEL Hapag Lloyd Brasil. 9,945 dwt, has been refloated after grounding in the Amazon River on Monday, Lloyd's Shipping Intelligence said in London. The vessel resumed its voyage to Manaus and was due early yesterday. Reuter
      Reuter  -  43 words
    • 127 27 AP A US COAST GUARD C-130 aircraft dropped survival suits and pumps onto the deck of a 564-foot cargo ship that was taking on water on Tuesday in the North Pacific. The Norwegianowned Marina Mistral, with a crew of 25, was reported to be
      AP  -  127 words
    • 330 27 AP A NEW FINNISH company, MasaYards, was registered on Tuesday, built on the ruins of the bankrupt Wartsila Marine in a bid to save the country's shipbuilding business. Wartsila Marine, one of the worlds leading shipbuilders, folded last month after accumulated losses amounting
      AP  -  330 words
    • 414 27  -  By YUSMAN NAWAZIR MALAYSIA'S top three freight hauliers, which dominate the trade, are set to boost their fleets of prime movers and trailers in the face of booming demand for their services. Kontena Nasional, Shapadu Kontena and Konsortium Perkapalan are expected
      414 words
    • 260 27  -  By RAHITA ELIAS THE GERMAN PORTS of Bremen and Hamburg are presenting their range of services at a symposium today through a seminar and a two-day exhibition. The two ports are marketing themselves as "the gateway to the single European market" after 1992 and
      260 words
    • 740 28 Intermodal Asia MANUFACTURERS in Asia, and throughout the world, are becoming increasingly sensitive to the importance of logistics and physical distribution to their corporate strategies. Logistics is taking centre stage because it is the integrating function between manufacturing, marketing and sales. Done
      Intermodal Asia  -  740 words
    • 913 28 fog* Column ABC Containerline Eleven 5 Accord Shpg Eight 3/4 Albotros Seo-Air Seven 5 A PC line Seven 5 API five 3-5 Arrow lines Eleven 5 Asion Express Ten 2/3 ANl Three 1/2 ASCI Five 1 Bolt Conado line Nine 4/5 Bolt Orient line Nine 4/5 Baltic
      913 words
    • 192 28 By AL 0 LABITA Jr. Writing for Shipping Times from Manila THE NETHERLANDS and Norway are turning to the Philippines for seamen to beef up the their global maritime fleet crew. Philippine Overseas Employment Authority (POEA) chief Tomas Achacoso says the employment prospects
      192 words
    • 824 28 THIS twice weekly report, complied by Cockett Marine Oil Ltd. shows price rangee in US dollars instead of single prlcee for a more comprehensive deecription of the market. Prices shown are based on everege-sized stem. Market movements are indicated The Cockett Bunker Price Index change and the
      824 words
    • 1684 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatainar Schadulas Blk Op Gdn Data/Tlma Tlma From Tlma To Booking Gata Alto Bhvn 39N 09 1189 0700 06/2230 08/2259 NA 2 H4 00 F05 Amboi BrxJga 25 10.1189 0700 08/1130 08/1229 Tl./Fa. 2 A5
      1,684 words
    • 257 29 Reuter THE US AGRICULTURE Department could reduce PL-480 shipping costs by staggering commodity tenders and forcing recipient governments to pay US vessel owners quicker, a government investigator said. The department should also consider assuming the role now held by country agents, who
      Reuter  -  257 words
    • 930 29 DEMAND for vessels by Egyptian charterers provided one of the few features of a generally quiet dry cargo freight market on Tuesday, brokers said. The National Navigation of Cairo is reported to have fixed three vessels on time-charter and thia is presumed to be linked to its recent
      930 words
  • Page 27 Advertisements
    • 253 27 1 'The Illustrated Encyclopedia of Wildlife "rmiwHk Fortnightly at all good bookshops BTP DMribJtora Sea-S Land LEGEND SEA LAUREL N UEU A... INDONESIA MALAYSIA SINGAPORE FEEDER SERVICE l > LINEHAUL J 7 (EX-SINGAPORE) THE INTEGRAL LINK V COMMENCING NOVEMBER 13, 1989, SEA-LAND WILL INAUGURATE I ITS NEW FEEDER SERVICE INTEGRATING
      253 words
    • 187 27 IChI A lively ■ESSmSEHI 4 i aSSB way with miosis -I AvaMabh at a# good bookahop* —-—=Ss2sfij| F«toral Publications INSIDE Logistics takes centre stage MANUFACTURERS in Asia, and throughout the world, are becoming increasingly sensitive to the importance of logistics and physical distribution to their corporate strategies. Logistics is taking
      187 words

  • Page 28 Advertisements
    • 36 28 Lines and services represented by Members of the Registry of Accredited M Shipping Agents. Singapore National \rj&g£ffc) Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      36 words
    • 38 28 Please note that delivery of containers from blocks H6 and J6 Is restricted between 1500 and 2100 hours on 09.11.89 The Shipping List Is held back due to lack of space. The complete list will be published tomorrow.
      38 words
  • Page 28 Miscellaneous
    • 141 28 io eqt^ SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 0730 HOURS ON NOV 9, 1988. LEGEND R Thunderstorm Temperature •<. V Shower Weofhw Wind direction with speed m knots Rom Cloudy Sky Wa h< Surface wmds Of indKoted by orrows which fly with the wind One fi/f circle represents calm or
      141 words

  • Page 29 Advertisements
    • 1924 29 -mm %ll If# 200 Cantonment Road #12-05 Southpomt, Singapore 0208 All If/ Td *****11 TELEX NO RS ***** HwM H PT£3OOOIVI TERMINAL/CFS Tel *****18 220 1* DCCCg BOOKINGS Id *****34 23S I LWJ PtSAKA JAROINE SH'PPtNCAtt^IKSONWiO PORT KELANG TEL *****18 JJ* •J^ 7 J®f A 5£L fottlicaltrcl lo Q.clily >r»i,v
      1,924 words
    • 2282 29 Vaeeel very EIA £TD -»»ort Psnsng DESTINATIONS Th« Mt Marge*** MMM »>•.«* TMM FMM i»y |ECQ93flE3SflE2Dl^lE&BSflEESE&fll^^^Hj CY 13/11 2300 MRS H Fwco I H Cfj 13/11 1800 MRS M Tauro OAK LQfl HOP MEM ATI. MiA CHB SAL PHL NYC MOW TOW ~MARGR£TM€ M mo 14/11 IS/11 9/11 111/11 2/12
      2,282 words

  • Page 30 Advertisements
    • 988 30 r ROTTFROAM/I VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BWEMERHAVEN AMTWCWP LE HAVRE CARDIGAN BAY 92/508 6/11 4/12 28/11 1/12 27/11 BENALOER >2/512 15/11 17/11 5/12 7/12 *12 10/12 12/12 KURAMA 02/511 15/11 11/12 5/12 7/12 4/12 W« BENAVON 91/515 22/11 24/11 12/12 14/12 15/12 17'12 IWI2 TOKIO EXPRESS
      988 words
    • 522 30 NORTHBOUND TO UKC SPORE RDM/A DAM HBC HULL (U.K.) IVY BANK V-2SM 12/11 4/12 %U 13/12 TAUSALA SAMOA V.I4N M 2 Sfl 10 1 14/1 CLYDCBANK V-27M 30,12 2S/1 31/1 4/2 °Alaa Accapttag fCI to AM—MfcWRW/NBI—<BIBMMRMMBMhM/B<B«awB I SOUTHBOUND TO PAPUA MEW gfi 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) ISPOREI MORAY BANK
      522 words
    • 1345 30 gaj MM* I REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE 1 VSL/VOY SIN CLM PRS ALC BCL FEL HAM BRE ROT ANT LHA J I (VIA (VIA (VIA ALB) NMB ROT) NORASIA AL-MANSOORAH 1533 3 10/11 14/11 2S/11 1/12 3/12 5/12 7/12 1/12 9/12 10/12 11/12 JAPAN SEA 934W
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  • Page 31 Advertisements
    • 1483 31 j —~jj Steamers Maritime Holdings Ltd w« P&o IPHNf STRAITS SHIPP NG fcirf «J5&r ,w Spar* P.Klang S ton H'Wf t'luVM It 4mi L*l AROMAN MY MTU 04/12 a/11 »U 27/11 03/12 WWOII 15/11 17/11 OS/12 #7(12 oa/12 10/12 12/12 ACCEPTS CARGO OOE SAILS 2!f!!i Mfll U/12 OS/12 07/12 0«/12
      1,483 words
    • 1720 31 TO: EUROPE TO: FAR EAST SP LH ROM HAM BRE FIX SKMC HK KAO BU HANJIN MASAN 051* 11/11 WU 01/U B/12 04/12 CMOYAHG SUCCESS OOSE 13/11 11/11 17/11 ZJ/11 CKOYANG PARK 005W 11/11 tt/12 #7/12 «/U 10/12 12/12 HANJIN TONGHAE OTOE 20/11 23/11 24/11 30/11 HANJIN OAKLAND OOSW 25/11
      1,720 words
    • 349 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL KOGGEGRACHT COSMIC AMBALIKA TRADER VOY. NO 5 4 52 Spore 10/11 12/11 17/11 P. Kelang In Pt 15/11 Penang Hong Kong Yokohama 30/11 7/12 Nagoyj 28/11 uyi2 Osaka 3/12 «/l2 Senboku Moji IFunabashi 'For Discharging Only NOTE: ALSO CALLING OTHER
      349 words

  • Page 32 Advertisements
    • 777 32 ll^Bß I« ANIAN ■ERVICE I Singapor* Loading lor:- IRAN MCE LAO PJL 712 Sailed BANDAR ABBAS I IRAN TEYFOURI PiL 722 Salted BANDAR ABBAS CUAM/SAIPAN DIMCT SERVICE (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN 'SPARKLE' V 2 SAILED 20 NOV 21 NOV 'SmiKlT W 1 DEC 13 DEC 14 DEC •WCKONESIA
      777 words
    • 830 32 H(ft HANJIN SHIPPING 1 Xy FULL CONTAINER SERVICE IS'par* I LtMavr* H'toff H bur| Film FlE VS. SJN U* HAUL LAX (MK 11/11 29/11 30/11 1/12 1/12 4/12 CHOYAdC SUCCESS OOM IWI M WHAWC OMC l/U U/U 11/11 6/12 7/12 8/12 lQf 12 11/12 ""A"" TO,K */Il NMUN NK Wl
      830 words
    • 188 32 GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILINGI HONG KONG PORT KELANG PENANG BANGKOK ALSO ACCEPTING CARGO FROM HONGKONG TO MAI AVS4AN PORTS VESSEL C.T.A. WOY HKC BKK PWG PK BKK HKG M/V TAI BAO S/OT~ Sid M/U 13/11 20/11 2/12~ M;V SHI BAO 1/W
      188 words
    • 1771 32 J I I SCP H«C KSC KLG PUS MKT OS* TYO ML LHV ANW KM FU HBC SCP 1 ever gifted 2101 2201 2*u viu iiu 4/12 vu ifu 1002 *ii*iu/ii*ii*i2ioi*z| EVER GREET VIU wu *02 *02 *U liyu l*U 14/U 1702 W 23,1 Mfl si »I «1 W I
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  • Page 33 Advertisements
    • 1277 33 SSSSSmJmm pacific international lines (pte) ltd SSSSSSSS Km U P"- Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 FAR EAST VESSEL VOY SIN JKT MY VOY HKQ YOK MOO KOB W» KEE *AO MAI QUAMO IMB SM 10/11 14/11 20MB 22/11 28/11 30/11 1/11 J/11. 8/12 J/12 MAJAPAHTT 4758
      1,277 words
    • 711 33 r EXPRESS CONTAINE^ERvic^^JK/CONTINEN^^^ S PO«E 9 KLANC STON HAH B HAVE N ROAM HAVRE I Cir«ii»n h| «ll VU All All 27/U 1/U 1 ■mmMw IVXI 17/11 VU 7/U *12 I*l2 12/12 I Hu'tm MAI 11/U *U 7/U 4/U M/U I 22/11 I*ll mi I*o2 I*l2 UIU l*U I Ttkw
      711 words
    • 364 33 rssi^s DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P T 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEWI-CONTAJNERSNIP SERVICE VSL/VOY S PORE R OAM/ H BURG/ BREMEN ANTWERP A DAM L J BONTANC/IWB M/U-1/U 7/1 11/1 IS/1 2*l MATARAM/24W8 18-21/12 15/1 I*l H/l 27/1 FAST TRANSIT
      364 words
    • 483 33 Iffsa myanwia FIVE STAR UNE (Burmese National Lin«) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok U/M NOV 15/14 NOV SS^fJSf2* 3/25 MOV PAGAN VIHW 25/77 NOV \SS THE BANK UNE SEMI-CONTAINER SERVICF HEAVY LITT tmm ITY 1 EXPRESS TO PAPUA NEW GUINEA "I MORAYBANK VMS Ml (CALLING KIMBE/ALOTAU DIRECT)
      483 words

  • Page 34 Advertisements
    • 1210 34 iN. AMERICA-ATLANTIC COAST VOY 'INDO 'PK/PNG [«P LB CHLS NFK NYC HFX M DGE 25 8/11 7/11 9/11 2/12 12/12 14/12 16/12 20/12 23 13/11 14/11 16/H 9/U 21/12 2*12 27/12 17 W 21/11 23/11 16/12 26/12 21/12 30/12 3/1 GE 21 27/11 28/11 30/11 23/12 2/1 4/1 6/1 10/1
      1,210 words
    • 741 34 EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelanf Penan| loadini tor Mother *4 By Feeder By feedm KALIOAS ¥.46 40« 21 Nov 21 Nov Fremitotob Sydn Adel TULSIDAS *.45 23 Ok 17 Ok 17 Dec Frem/MeKvSydnAdel HAL I OAS V 47 20 ton 14 too 14 ton Frem/toeß>ftydnAdel TULSIDAS
      741 words
    • 592 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Tel«* Ayer Street SINCAPCRF 0104 TEL i 347*1 (10 LINES) Fa. U435M STRAITS/PERSIAN GULF SERVICE Spore P Ketong Penang GOLDEN WONDER Colombo, *erec*i. Dubai U/17 Nov OOtOEN HAVEN Cctonte/KaradWtfctai 21/30 Nov CHINA SERVICE BAI TUN SMAN 24/2* Nov rum* THE PEOPLES REPUBLIC
      592 words
    • 659 34 |55^3iTSnBnc^u5namc^^l I VESSEL |ETA SINGAPORE (DESTINATION J »TBN 12/11 DUBAI. DAMMAN. KUWAIT 17/11. 21/U DOHA. MUSCAT. BAMtAIN I ABU DHABI ft SNARJAM a "TBN 15/11. mt JEOOAH (LCL) MEEKLY I AQABA HOOEIDAN ITBN 18/11, I*ll H.KONG, KOBE. TOKYO, KEELUNG. J ■CAOHSIUNG MANILA BANGKOK I BITSAN JAKARTA I I TBN 13/11,
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  • Page 35 Advertisements
    • 1514 35 /X NEPTUNE AGENCIES PTE LTD SINGAPORE Syy? (CR No: **********0 E) Bookings: UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 USA *****42/*****16. FE *****48 mK Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 fos NEPLINE SDN BHD MALAYSIA K.L-*****33, P.KeJang-*****87, Penang-*****0, J.Bahru-*****0, *****1 IITOBPBO^^JKm>^URZ)^^^^^^^^FBoSn«JROPBM?KCVI^UEZ)^^^^^^^^ H SS-IfffP* n/n rrn En wn wiS
      1,514 words
    • 969 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 720C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** 1 KWUK keiamc OWES Lysswsr mr, Td *****1/*****1 Th: MA «814 FE BIOS' 22* FkUMBC Mwi Purtdint
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  • Page 36 Advertisements
    • 778 36 I INTEGRATED CONTAINER SERVICE I iflUu Of EACON SUVICt I I EAST MEDITERRANEAN 4 NfftTH CONTINENT EUROPE (JOT BOUND SIN ICA ANT RDM HBG RST OIMICHT um W 30/11 mm oyu 11/12 1402 I T.VNOA 3W 102 1602 25,12 2502 26/U 01/01 K QMCROTEWOHL VR/M 14/12 21/12 f/01 6/01 S/Ol
      778 words
    • 851 36 I Rlheung-a shipping Korean Flag Vessels STRAITS/KOREA SERVICE VouoJ'l Namo ETO BS S PORE PKLG KEE BUSAN MOJI iNO 9 DONAM/9UN 01/11 13-15/11 16-17/11 25-25/11 21-30/11 1/12 S DIAMOND/904N 12/U 22-24/U 25-26/11 07-08/12 U/U j HKG 02/12 NO 1 DONAM/911N 11/U 21-30/U 01-02/U 10-10/U U-15/12 11/12 GLORIA/9UN 22/11 02-03/U 04-OS/U
      851 words
    • 177 36 EontermJ 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. &J0 S POKE TEL: *****33 FAX: ******1 P. KELAHO TEL: 03-*****67 FAX: 03-*****71 MANILA FULL CONTAINER SERVICE VESSEL VOY [SING I MANILA
      177 words
    • 517 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMAR ANG/PAN J ANG/CIGADING/ BENGKULU VSL ETA tfD LOADING FOR DELI INDAH 1611 89 17.1189 PANJAN6/PK. BALAM NAGA JAYA In Port 10.11.89 PANJANG LAMPUNG JAYA 15.11 89 17.11.89 SEMARANG/PANJANG PINANG JAYA 15.11.89 18.11.89 PANJANG/PK BALAM PERITA JAYA In Port 10.1189 PANJANG/JAKARTA
      517 words
    • 527 36 ifjggHHßl ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel. *****80) AKA BHUM 39W ~TW In Pt~ Sun 12fll jenlink uo* w nm m* u/u G KITI WOM CM Sun 1311 W VS(U HYA BMUM MOW Tin 14/11 Frt 17/U SIRI 6HUM 424N Thur 14/U Sun IVll jaru bhum m
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  • Page 37 Advertisements
    • 834 37 I IIvESSEL VOY SINGAPORE KHF/OUBAI KARACHI! ■LANKA SIRI 130W 19/11 I ■LANKA SRIMANI 72W 25/11 7/12 I ■IANKA SIRI 131W 04/12 I ■LANKA SIRI 132W 23/12 I I ALSO ACCEPTING CARGO (FCL/LCL) FOR: I IA) INDIAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY I ■B) ARABIAN GULF PORTS I SHARJAH;
      834 words
    • 350 37 pewnta IT A lOAOMQ FOR worn ASSAY WONZ 21/12 OAAC3SAIAAM. MOMBASA. DJIBOUTI VOY 22W8 ASBAS. MASSAWA HOOCIOAM ASYOT 21/1 OAMESSAIAAM. MOMBASA OJIBOUTI VOY 20WB ASBAS. MASSAWA. HOOCIOAH Other ports sloop Mis routs worfcsbls on Inducement j Q KIEN HUNG UNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA
      350 words
    • 1082 37 < m > CRYSTAL FREIGHT! SERVICES PTE LTt TEL miMI22Mn HONOKONQ/ CHINA 10/11 A 11/11 BANGKOK 11/11 A 18/11 P. KELANG/PENANG 17/11 ft 24/11 BUS AN ic/11 23/11 KEELUNG/KAOHSHJNG 12/11 1 12/11 MANILA 12/11 A 20/11 JAKARTA 11/11 11/11 SYDNEY/MELBOURNE 11/11 ft 14/11 FREMANTLE 12/11 ft 22/11 PORT MOREBBY/LAE 11/11
      1,082 words
    • 362 37 BAY OF BENGAL SERVICES IEttELI WY Ml Ml tUt Ml CALABAR 79CNB 14/11 19/U SUSAK Wi 16/11 23/11 GONCHAROV *****9 13/11 20/11 TIGER BAY 87N 18/11 30/11 LEUVE 9114 20/11 25/11 28/11 SUSAK 90N 30/11 7/12 I YAMBURENKO *****9 24/11 1/12 CALABAR 80CNB 28/11 4/12 TIGER BAY 89N 7/12 14/12
      362 words
    • 223 37 ■TO AUSTRALIA/NEW ZEALAND I p| twt pro am am Su yu w uni i#u lit t hum's "Su *u Hfu "S5 Si; »n II II "uw. m in in "Si "Si m on IJ c.mmm aT~ "Si IS an "ST w J| Alt* carp tK- I I AUSTRALIA MM,. Bndwe
      223 words

  • Page 38 Advertisements
    • 1108 38 LA UVIIMTIAI Igpffiailffßl i i; MERCHANT MARINE CO., LTD. EASTBOUND TO USA WEBTBOUND FROM USA ;TO PSW SIN HKC LBH OAK SEA FROM PSW IBH OAK SEA HKC SIN HYUNDAI CHALLENGER S I*ll 1*" 04/12 07/12 10/12 HYUNOAI PIONEER MW B(10 U/M «/U HYUNOAI INNOVATOR 2K 11/11 23(11 11/12 14/12
      1,108 words
    • 962 38 JE CONTAINER LINE f TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KILANG mi I 17(11 MANILA lOfll 17/11 KNANC OfU 17/11 111 SAN VII 1 16/U BANGKOK *11 U/ll TOKYO Ml 4 11/11 HONG KONG *11 1 13/11 KOK *11 11/U CHINA
      962 words
    • 614 38 our NEW USA IW tw Se" PW"" SErSS 55" US <53"" MOO DAT" caT" ROR" ST sw~ lISERVICE CALLS! BURSA BUT ARC VI 4/11 AUWATOR TRIUMPW V MDI u/u yu yu "yu yu yu yu yu yu~ SINGAPORE burca butamc vmi ii/u allicator portuhi V-MCT «>u yu u/u uru ufu
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