The Business Times, 30 November 1989

Microfilm: NL16865
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, NOVEMBER 30, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL MARKETS SUMMARY
    252 1 Dow down THE MOVE by Southwest Bank of St Louis to raise its prima landing rata and a report that corporate after-tax profits fell 7.2 per cent in the third quarter weighed on US stocks yesterday. Traders said there were also a few small sell programmes. The
    252 words
  • Article, Illustration
    Regional markets close higher, except for HK
    245 1 REGIONAL atock markets rose yesterday, with the exception of nongxong. Share pricea in Hongkong closed generally lower in light trading. The Hang Seng Index fell 8.60 pointa to cloae at 2,751.48 in the abeence of freah factors. Turnover roee to HK$674 million from
    245 words
  • Article
    Lock icon KL Cabinet passes CPM pact
    113 1 Reuter THE MALAYSIAN Cabinet yesterday endorsed a government decision to sign an agreement with the Communist Party of Malaya (CPM), ending the outlawed organisation's armed struggle. A statement issued by government chief secretary Sallehuddin Mohamed after the weekly Cabinet meeting in Kuala Lumpur said that
    Reuter  -  113 words
  • Article
    Strengthen operational capability, S'pore urges defence partners
    427 1  -  By JOHN THOMAS SINGAPORE yesterday called on fellow-members of the Five Power Defence Arrangement (FPOA) to step up their capability for combined army, navy and air force operations and proposed the idea of a contingency command to direct joint action by Malaysian, British,
    427 words
  • Article, Illustration
    Hai Sun Hup's shares close to 100 times subscribed
    349 1  -  By MAGDALENE NG SHIPPING GROUP Hai Sun Hup has received an overwhelming response from the investing public to its flotation exerciae. Its offer of 52 million sharee at $1.10 each, which waa scheduled to close at noon yeaterday, waa extended with
    349 words
  • Article, Illustration
    Goh spells out benefits of having nominated MPs
    505 1 SEVERAL MPs ATTACH CONDITIONS TO THEIR SUPPORT THE PROPOSED new class of nominated MPs is meant to build consensus, encourage political participation, and accommodate constructivs dissent, ssid First Deputy Prime Minister Goh Chok Tong yesterday. Presenting the Constitution of the Republic of
    505 words
  • Article
    White Paper on religion to be published
    187 1 A WHITE PAPER on the propoeed legislation to keep religion outside the political arena will be published within two weeks, said Home Affairs Minister S Jayakumar in Parliament yesterday. This will be followed by the introduction of the "Religious (Maintenance of Harmony) Bill",
    187 words
  • Article
    Lock icon East German papers oppose Kohl plan
    124 1 AP EAST GERMANY'S statecontrolled newspapers yesterday joined communist party leaders and some pro-reform activists in rejecting West German Chancellor Helmut Kohl's plan for eventual reunification of Germany. "What does Bonn want: snschluss or real partnership?" aaked the Junge Mfelt newspaper in response to the
    AP  -  124 words
  • Article, Illustration
    Lock icon Rajiv resigns, allowing opposition to try to form next government
    504 1 AP AS INDIAN Prim# Minister Rajiv. Gandhi rasignad yaatarday, clearing tha way for Oppoaition laadars to try to form tha naxt govarnmant, tha Hindu fundamantaliat Bharatiya Janata Party said that it had raapondad to a request from tha Oppoaition National
    AP  -  504 words
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      79 1 y/AMWA'. WA«v«/ WMV/A* A V Burberrys i x. iv i «**"< < Reigns when it pours The best of Hunan and Sichuan awaits you today at the Cherry Garden. Bjlj Let Chef Huang introduce you to the finest cuisines of the Cherry Garden. Reminiscent of a Chinese nobleman's courtyard, the
      79 words
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      210 1 Full report, PAGE 26 Regional mkts, PAGE 28 World mkts, PAGE 29 Editorial Comment if Finance industry ..11 $72m bond issue Palm Oil. miwi Wading through muddy waters Ethics seen as major challenge Nationalists scram- Produce. Rubber. Tin m— a* We to dafusa Taipai Company Meetings 26 Wall Street ..................................1§
      210 words
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      41 1 mmmmJ On PAQE 2: The merMa, demertta and rsssrvaMons of nomlnnled MPe ptan SNver lining In Ihe delloting of Meleyelen Report from Aitan economic ministers' meeting In Bander Seri Begawan, BACK PAGE KoM plan goto cool rotponaa from E Gorman*, PAGE
      41 words
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      106 1 <rrf AMBLAR »5J cj\ Sole Aoanl S.Q. Pamtt A San fPtet 1M Qnunnni I Leader, PAGE It |h*K nmr ~r Qll n 1 1 rj [J m TTT-TrTfT-^M. QTI i 1 che^'A ours Sdvour amidst the srand panorama of the city and southern islands, j^H I «T f* Supplements L«Ur
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  • PARLIAMENT
    • Article, Illustration
      Silver lining in the delisting of Malaysian shares
      359 2  -  SES-KLSE SPLIT By WALTON MORAIS -THE DELISTING of Malaysian companies from tha ./Stock Exchange of SlngaK could speed up new ga. including thoee of government-linked compa--hlea. Finance Miniater Or Richard Hu told Parliament yeaterday. He said the vacuum left 'toy Malaysian atocka
      359 words
    • Article
      The merits, demerits and reservations
      863 2  -  DEBATE ON NOMINATED MPs By ANNA TEO THE SELECTION of nominated MPs, perceptlona that they will be no more than government atoogea, and the poealble entry of opportunists peddling aelf-interests appear to be the main reservations of backbenchers who spoke up on the propoeal to
      863 words
    • Article
      Need to change financing system for education
      263 2 TO MEET rising expectation for better education in Singapore schools while keeping government spending down, s change is needed in the way they are financed. Education Minister Dr Tony Tan said. Taking a cue from Singapore's independent schools, he said block grants instead
      263 words
    • BRIEFS
      • Article
        Unwise to abolish Internal Security Act
        164 2 IT WOULD BE "moet unwise" of the government to abolish the Internal Security Act based on reports that the Communist Party of Malaya has agreed to cease hostilities, Home Affairs Minister Professor S Jsyakumar said. The end of hoetilities, he pointed out doee not
        164 words
      • Article
        HDB may refurbish old markets
        164 2 THE HOUSING and Development Board will consider extending the scheme to refurbish old fists to include old markets end two-storey shophouses to raiee the quality of the total environment. However, the National Development Minister said that since theee are commercial premises, the HOB must recover
        164 words
      • Article
        Paace for Cambodia
        153 2 SINGAPORE firmly believee that thes& ly way to bring durable peace to Cftobodia ie through a comprehensive political settlement, Foreign Ministsr Wong Kan Sang reiterated yeeterday>The policy is based on the fui*fit mental premiee of a nation's rtgh£|p self-determination, he eakf in reply*)* Non-Constituency MP Dr Lee
        153 words
      • Article
        Tax changes
        32 2 THE INCOME TAX (Amendment No 2) Bill waa Introduced by Finance Minister Richard Hu. It seeks to implement the tax changea announced in March whqp the igo9 Budget was prasented.
        32 words
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      99 2 II THE ART OF PERFORMANCE The Singapore Dance Theatre presents a selection of works by young Asian choreographers, as part of this year's Festival of Dance.This will be performed on December Ist 2nd at the Victoria Theatre. The Movado Watch Corporation, the maker of the Movado Museum Watch, is proud
      99 words
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      Page 2 Advertisements Column 2
      248 2 J /-gg-s GRAND CITY CHINESE RESI4URANT Cantonese Cuisine at its best Grand City Chinese Restaurant Creating the fine atmosphere and immaculate service for those who treasure authentic Chinese cuisine but have yet to savour the most exquisite Cantonese. Seafood. Dan Xin. Shark Fin and Sichuan dishes prepared exclusively by our
      248 words
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  • HOME NEWS
    • Article
      No severe recession for Aussie economy
      374 3  -  bf TAN KEE WEE THE AUSTRALIAN economy is unlikely to be tucked into severe recession next year, even though it has just experienced two years of overheating. Instead, there will be a cooling off period in 1900 followed by a recovery in 1001. said
      374 words
    • Article
      Trade reporting for Asean journalists
      396 3  -  By GENEVIEVE CUA A THREE-WEEK training stint in trsde snd industry reporting will be held next September, in which selected Asesn Journslists will hop scross three Asesn countries for both theoretical and hands-on learning. The new course, the details of which have not been worked
      396 words
    • Article
      Two SNUJ officials on Asean journalists board
      223 3 TWO OFFICIALS of the Singapore National Union of Journaliets ara among the naw slata of tha Confederation of Aaean Journal lets' executive board. Ivan Lim. former CAJ vice-president waa named president for the next two years in a cloaed-door seesion yeeterday. He is
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    • Article, Illustration
      Trial of Kwek Hong Png and nephew begins next August
      218 3 THE TRIAL of Hong Leong group founder Kwek Hong Png and his nephew, Ouek Leng Chye, has been scheduled for three weeks starting Aug 20 next year. The bail of $1 million on each man haa been extended. Kwek, 78,
      218 words
    • Article
      Concrete repairs worth $40m-ssom
      429 3  -  RISING DEMAND ATTRACTS MORE ENTRANTS By LILIAN ANG AS MUCH AS $40 million to $50 million had been spent annually on concrete repairs in the paat two years. This estimate waa given yeetffday by Lam Slew Wah. the Construction Industry Development Board's (CJDB) deputy general manager
      429 words
    • Article
      Japan urged to speed up customs clearance
      304 3 HASTEN CUSTOMS clearance and further simplify your import procedures, said the Singapore Trade Development Board (TDB) yesterday to Japaneee officials whose Job it is to help improve accees to the Japaneee market The TDB. keen to promote the export of Singapore-printed English-language publications
      304 words
    • Article
      Comments on flat conversion speculative: HDB
      136 3 ALL COMMENTS on the conversion of vacant Housing and Development Board flats into hotels are purely epeculative at this stage, the Housing and Development Board said in a statement yeeterday. The idea was conveyed to the board last week, the statement said, but its
      136 words
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      192 3 HORUMMDE BUSINESS CENTRES (S) PTE LTD 111-04/06 Peninsula Plaza. Tel: *****69 i Metro Knows Why Annie Tan Keeps Coming Back. Bt jEII _,^fl Br^[aS^^^| Annie Tan always shops at Metro. What you know what she did? She rang around the comes from paying attention to those extra people who are
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      178 3 Global temperaturee and weather foreeaet pli <ill* frl £"1H •sr nov so fc*y Me" Nolo OUTLOOK: Shewere Me overseverel sreee In xi. fO Sw afternoon. Nport for 24 hour* prior Abordoon 10/06 Cloudy lo 7.30pm on Nov 29 at AiWordam 10/05 Sumy Alhom 13/05 Sumy Me* tempi 31J Auckland 17/10
      178 words
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      333 4 Now avery powerful combination. H sra h^hi Bil»Wla'lasi:tfJtfa«BßHßlW HU^s^B ■BBBMB^^WBIBBBBIMIMBBjI^^B n« H>I^MIAHAIAIBbbbuAI9U^H 2-Year On-Site Warranty We are so confident of our components that we offer a 2-year on-site warranty with no strings attached. This includes parts, Rated No. 1 by INFOWORLD service, labour and transport. inAugust 1989, MICROSOFT SirfCKlDOrefe NOll
      333 words
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  • FOREIGN NEWS
    • Article
      Lock icon Malaysia's trade balance stays favourable at M$l.9b
      347 5 Bernama MALAYSIA'S trad* balance in the second qusrtsr of this year remained favourable at Msl.9 billion. although smeller when compared with M 52.4 billion in the preceding quarter and M 53.3 billion in the corraeponding quarter of laat year. Bank Negara said on
      Bernama  -  347 words
    • Article
      Lock icon Perestroika causing employment problems, says ILO report
      336 5 AFP EASTERN EUROPEAN workers will have to turn to the private sector and bs prepared to be more mobile to find Jobs as a result of economic reforms, the International Labour Organisation said yesterday. Pmr9»troika in the Soviet Union and economic reforms slsewhere
      AFP  -  336 words
    • Article
      Lock icon Civil servants paying price of economic crunch
      167 5 AFP CML SERVANTS have paid the price of movee to curb sconomic problems in Africa, Latin America and Asia, seeing their purchasing power plummet, the International Labour Organiaation has said. In some countriee in Africa and Latin America, they have seen their buying
      AFP  -  167 words
    • Article
      Lock icon Costs forcing more countries to upgrade rather than buy new armaments
      291 5 AP THE COST of new weapons systems and decreasing defence budgets are forcing mora countries. including a number within Nato, to upgrade their armoured vehicles rather than buy new ones, the authors of a Jane's yearbook said yesterday. North
      AP  -  291 words
    • Article
      Lock icon US will avoid recession in 1990, says research group
      372 5 Reuter THE AMERICAN economy will avoid a recession in 1990, but companies will face widespread labour shortages and will be forced to hire people they would not have hired in the past, according to a Conference Board panel. The board'a Human
      Reuter  -  372 words
    • Article
      Lock icon Fall likely in domestic sales of US chips
      108 5 Reuter DOMESTIC SALES of Americanmade semiconductor equipment and material will steadily dwindle in coming years as device manufacturers continue to shift their bfiying overseas, according to a survey commieeioned by Semiconductor Equipment and Materials International. The survey covered 24 compenies that last
      Reuter  -  108 words
    • Article
      Lock icon Bonn fears EC will not reach accord on merger rules
      239 5 AFP WEST GERMANY tears that the European Community (EC) will not reach agreement on mergers of multinationals before the introduction of the unified European market in 1993. West German Economy Miniater Helmut Haussmann said in Bonn on Tussday that he
      AFP  -  239 words
    • Article, Illustration
      Lock icon Moscow sets out summit agenda
      485 6 THIRD WORLD DEBT AND ARMS TREATY AMONG TOPICS TO BE DISCUSSED Reuter THE SOVIET UNION will propoee joint superpower action to tackle Third World economic problems when the US and Soviet leaders meet off Malta this weekend, Soviet Foreign Minister Eduard Shevardnadze waa quoted aa
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Bush promises to avoid another Reykjavik surprise at Malta meeting
      278 6 Reuter PRESIOENT GEORGE BUSH, out to reassurs allies tearing a repeat of Ronald Reagan's nearaiveaway of the Waatarn nuclear irsensi at the 1986 Reykjavik Summit, hat vowed to avoid surprises at his Malta meeting with Soviet leader Mikhail Gorbachev. "I'm
      Reuter  -  278 words
    • Article
      Lock icon Parliament returns control of Armenian enclave to Azerbaiiai
      205 6 Reuter THE SOVIET PARLIAMENT HM I NlOrM mOSC Of AMT" baijan'a powers over the disputed tarrttovy of Nagor-no-Karabakh, angaring Armenians who wamad of mora regional unraat Parllamant aald on Tuaaday that it waa aaaking to tabillaa tha situation In Nagorno-Karabakh, popuIstad mainly
      Reuter  -  205 words
    • Article
      Lock icon Kohl plan cool response from E Germans
      373 6 Reuter WEST GERMAN Chancellor Helmut Kohl's plane for a fluiimi federation tain for granted the support of peoplo in East Qsrmany. but both communists and opposition thara say doaar cooperation is as far as It should go. "Gorman unity la not on the
      Reuter  -  373 words
    • Article
      Lock icon Prague set to usher in new political order
      258 6 Reuter CZECHOSLOVAKIA yeeterday prepared for a historic break with 40 years of communist supremacy after party leaders capitulated to atreet demonstrations for democratic reform. Prime Minister Ladiaiav Adamec was to ask an afternoon eeeeion of the Fed eral Aseembly In Prague to
      Reuter  -  258 words
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      209 5 'WlSHpHpilif There's no such thing as'a poor man's Jaguar*. credentials. The legendary handling is now served by of a new 4 litre unit, with unrivalled performance. The setting is rich wood, and hand-stltched upholstery. But that s not a rather gauche financial statement. It's the most advanced Teves anti-lock braking.
      209 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      36 5 Doonesbury by garry trudeau ctrwmowf- aw. mar I umveHai»eaNstmmfe*\ xxiksallfwiof I r tmm iwmmfmsucHCAH- mkhpstnam. 1 gooo! now excuse Me, TKH&WKAH AUHAHB ItHNgSS INTHtftNCHMtt TSAMNTHEUOHP! ffr IKwwT IRSS JUST Aof9miu/9 swmtom OFtvm'.wetKrwtmti- ievfcrycuTo fir BACKTO wsrofi*
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      72 6 1 j The r e n c nU" L i ip• J A» •he ..•J e 4 t S-. T'• e c o 1 1 0 e LeL.V r pjn' e f- v r s V 4 N > 0 f- < 13 p rx/f. e 1 F •> P
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      56 7 R~— Exclusively at: < f PFTFD I I I This establishment is recognised and recommended Ll% I W W LLLLIm by the Consumers' Association of Singapore and L\ J the Singapore Tourist Promotion Board. S2B f.ROipJ Deeply treasured, forever admired Major credit cards accepted Wisma Atria brarich *02-49/52 435 Orchard
      56 words
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  • COMMODITIES
    • Article
      Lock icon Crude Oil and Products
      151 8 Telerate Fuel oil pricee edged US$l per tonne higher despite Vie fell in crude pricee in poelOpec dealings. Much eupfwt wee derived from the tight prompt eveilebllitiee in the market Second midhelf he If Dec CST-180 cergoee were reported sold et U5599.50 per tonne fob Sing.
      Telerate  -  151 words
    • Article
      London Markets
      106 8 Co* 1407/1609 (1597/1599) 3«moiMhs 1617/1618 (1606/1610) Sfdtniigf it 1605(1500) Ton* Sato* (7058) Tin (USS/tomw) Co* 6560/6500 (6670/6700) 3^hqh^| 6600/6700 (6000/6010) SoMtomon 6601 (6711) Ton* 1 Sato* (1300) Lffl Ccnh 430/431 (439/430) 3-montfw 439/430 (430/439) StHwwn 435(431) Ton* Solo* (3115) zmc hi loh Qrado (US$/tonn«) Co* 1375/1305 (1305/1390) 3-IMOMIIm
      106 words
    • Article
      Precious Metals
      339 8 HONQKONQ: Yeeterdey. gold ended below New York's close on Tueedey, but firmed from eerly levele In Hongkong on buying by Telweneee inveetors. But the buying wae not heavy enough to offset local speculative end phyelcel selling, deelers said. Bullion ended et U*****.20/70. ebove en eerly U*****.80/410.30 here, but
      339 words
    • Article
      RAS and MRELB
      286 8 RAS prlcoa naMttnakw,, moon aosi J J Jg J** 1 JJJ2> 1*Ij00N 159J0 I60J0N IS?!?™ !tM2 ***** !63 }64M ElKSr ,d ,45 ,45jo JJS2 2?£ UJj00N 141 JON JJS2 ,5C00N '55-50 157JON JJS2 2£5 15X00N 149 JO 151 JON M 5 RSS Of 1454)0 147jOON 144J0 144J0N
      286 words
    • Article
      Soybean
      127 8 CHICAGO BOARD of Trad* soybean futures cloeed slightly higher on Tueedty on commlotion houso and professional short-covering In what tradors said corrected tha technically oversold situation craatsd by Monday's shaip sail-off. Tha rabound saan in oversaas palm oil markats on Tusaday morning supported sarty soybaan and soyoil valuaa. Tha
      127 words
    • Article
      Rubber
      281 8 SINGAPORE: Rubber prices closed higher yesterday with December 1 RSS buyer quoted at 163.00 cents a kg, up 1.90 cents from Tuesday's dose. Dealers said the afternoon market remained quiet on a lack of trading interest in the abeence of fresh market-moving factors. Prices held steady at the morning's
      281 words
    • Article
      Palm Oil
      454 8 T«M o/p mat llOOhm M 35 oomrach. Twwmn 1921 MarWt mm -jj— MALAYSIAN CRUDE PALM ON. FUTURES eroded further to finiah easier on the Kuala Lumpur Commodity Exchangs (KLCE) yeatorday. Spot month Osc shod* i* 20 <22? 111 5? 90 tonn J*" te M>M4 P* to"*** ropp d
      454 words
    • Article
      Wheat
      135 8 CHICAGO BOARD of Trad* toft red winter wheat futurM MMd from Mrly highs to doee mixed on Wedneedsy. Locals turned sellers after tha racant gains in overseas markets failed to prompt sympathetic buying strength here. "I think the price of wheat is too high. Sure the Soviets have been
      135 words
    • Article
      Lock icon Opec producers raise production limit by 1.5 m bpd
      525 9 FT THE ORGANISATION of Petroleum Ex- porting Countriee (Opec) meeting in VI- anna on Tueeday reached agreement oq a production accord tor the new year that lifts Opec'a official production ceiling by 1.5 million berrale per day (bpd) to 22 million
      FT  -  525 words
    • Article
      Stanchart seeks to wind up URB
      253 9  -  -*9 DEXTER LEE •STANDARD CHARTERED Bank has petitioned the High Ceurt to wind up troubled Union Rubber Broker* (URB), one oTtoe oldest rubber broking houses in Singapore. Notice of the bank's intention was carried in last Friday's issue of the government gazette. The notice,
      253 words
    • Article
      Lock icon Oil prices fall despite accord on output ceiling
      117 9 Reuter WORLD CHL PRICES Ml despite an agreement by Opec in Vienna on Tueeday setting a crude oil output ceiling of juet over 22 million barrels per day lor the first six months of 1980. The pact, signed by all 13 members
      Reuter  -  117 words
    • Article
      KL Tin
      145 9 THE Kuala Lumpur Tin Market (KLTM) price Mi 42 cents to M$l7JB s kg oa rweit eoMtag toßowtag a tarMmr Mi aa Mm London MeM Exchange yeeterdey, lower levele, ttwy said. "Altil mirrtifm it"-8 ■—"i- |—T ed sows miners te dtapcee MMrotocka, sMwra are not Mito S7 teams
      145 words
    • Article
      Produce Prices
      193 9 Chinese Produc EXChlDQ9 Stlfn' now cUrq pi Nov 29 (SI/100 kg) Coconut ofl It* POt Old dram F08 Now drum POt Copra Mlxod (looto) Poppor Muntofc wtUf* POt NLW OOrQWOK wTWTl FOB foq NLW Soiowok ipadol rtoM on 14.00 9640 ***** 48.00 iilon 457JO ***** Mock FOt NLW
      193 words
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      60 8 Computers Mid CofmxriMbons 90 YEARS A LEADER 3 IN TECHNOLOGICAL DEVELOPMENTS j I A SPECIALIST M COMPUTERS 9 AND COMMUNICATIONS UNWWERM6 DEALER RACK UP SUPPORTED BY A REGIONAL SUPPORT CENTRE OFFERS THE WIDEST RANGE OF COMPUTER PRODUCTS AND PERTHERALS SEC NEC Singapore Pte Ltd 138 Robinson Road #11-01 Hong Leong
      60 words
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      709 9 Tliey're also found in the canyons of Wall Street. i i What could a canyon Ultra chukkas, mountain shorts, dweller have in common denim shirt and windproof with a condo dweller? As field coat. While away in the Far weather goes, your condo dweller probably more than you hits the
      709 words
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      188 10 jgSl SasSOßSffi SEEStrade finance: .ot? I rs 3ESaSSKESS HT^_~ 7. fcji i v Q1989 Security facific National Bank 'jr", g. T ip C^Eh^I jiißwPi^^MßiSß■tiara ffttTlllfl mm |Aml HPS^| «i P y y if your business is in the process of expanding into handle any of your trade finance and capital
      188 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Suez and Baltics in crossholding move
      439 11 FT COMPAQNIE FINANCIERE de Suez. the rapidly expanding French financial group, and Baltica Holding. Denmark's largest in-surance-bassd financial servicss company, cemented on Tuesday a new European alliance with a 4.2-Oi 11 ion-Danish-kroner (US$BO4 million) financial agreement Suez ia to acquire a 23 per cent
      FT  -  439 words
    • Article
      Lock icon Meiji to work with four European firms
      156 11 NYT MEIJI MUTUAL Life Inaurance Co, Japan's third largest life insurer, said on Tueeday it haa reached aeparate agreements with four major European inaurance firms to cooperate in the sale of eech other's policies. The agreements call for Meiji Mutual to find clients
      NYT  -  156 words
    • Article
      Lock icon Wave of Seoul loans to China unlikely
      342 11 Reuter KOREA Exchange Bank has boldly gone where none of Ha South Korean domeatlc rivala dared go, and lent money to China. Yet few in Seoul expect state-owned KEB's shock offshore deal two weeks ago to trigger a wave of South Korean finance
      Reuter  -  342 words
    • Article
      Lock icon Thai central bank calls for curbs on credit
      189 11 Reuter THE BANK of Thailand has urged commercial banks to cut loans to non-productive sectors in sn attempt to curb inflationary pressures. Chsiyswst Vlbulsawasdi, director of the centrsl bank's Department of Bank Supervision and Examination, instructsd commsrcisl banks to rsducs lending to
      Reuter  -  189 words
    • Article
      Lock icon Westpac buys stake in Bank of Melbourne
      121 11 Reuter WESTPAC BANKING CORP said it bought a stake of just under 6 per cent in the Bank of Melbourne Ltd on Tueeday. Westpac'a managing director, Stuart Fowler, aaid in Sydney yeaterday that it bought the sharee after they were offered. The Bank
      Reuter  -  121 words
    • Article, Illustration
      Ethics a major challenge for banking heads, says report
      644 11  -  By QUAK HIANG WHAI ETHICS and morality are emerging as a major challenge for chief executive officers of many financial institutions, according to a KPMG Peat Marwtck McLintock report on world capital markets. The report, entitled Global Capital Markets 1969. says
      644 words
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      Page 11 Advertisements Column 1
      273 11 f I I ONLY ONE CAE. CAN GIVE YOU ALLTHESE... I 0 ZF 4-speed automatic gearbox 0 Automatic temperature control factory airconditioning system CII Fully integrated electronic fuel injection and ignition system 1 GH Twin overhead camshaft engine 4-wheel disc brakes CD Electric windows 0 Central locking Q Servo-assisted power
      273 words
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  • MONEY AND EXCHANGES
    • Article
      IMM
      213 12 IMM currency future* closed mostly up but below aeeaion highs on Tueeday after rising steadily in moderste volume throughout the day. Futuree opened on a weak note after short dollar profit taking overnight linked to sentiment the Federal Reeerve would not ease credit again in the near term, pushed
      213 words
    • Article
      Forex markets
      1562 12 SMQAPORE: The dollar cloaed higher on ehortcovering yeaterday, but waa off higha aa late Middle Eaat aelling intereet eroded aome earlier gaina, dealers aaid. "Players sold dollars/mark and bought dollars/yen to hedge their positions but no scope tor big dollars/yen movement waa seen," said Yoehihiko Ebata, foreign exchange
      1,562 words
    • Article
      Lock icon Swiss banker disagrees with Fed policy
      259 12 Reuter A POLICY of keeping interest rates as stable aa poesible, aa practiaed by the US Federal Reeerve Board, preaenta dangers tor inflation, says the preeldent of the Swiss National Bank (SNB). Markua Luaaer aald Switzerland waa in a different situation from the US,
      Reuter  -  259 words
    • Article
      Foreign Exchange
      241 12 Rotas as at 3pm yesterdays Local doftora to am unit of foreign eunoncyi AMtrdtai dolor U2W 1.5309 3.4299 -5543 ***** *****J Canodtan dolor ***** ***** 3-4306 -51.11 ***** ***** NZ Mor 1.1904 1.1590 4i49 1.1490 1.1900 SMHtag pound 3j0541 3j0576 7.3449 -5143 ***** 3-0550 US Mar 1.9515 1.9525
      241 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1061 13 ARRIVALS Curator &»rytai Local From tOA472 0015 SYD/Ma I MH623 00)5 Kill HK AMK531' 0110 HKO SQ011 0115 lAX/NtT UAL UAS05 0120 STO/HKG/BKK UAL UA097 0130 IAX/MTT KAfc- KE697 0230 ML MITANN- •Y747 0245 CHC/TSV IATAWYS IC555 0420 MAA/KUL TMA- TU51I 0420 ■fY/SHJ/KUL 3MT< HM401 ,0450 *Z
      1,061 words
    • Article
      Lock icon British Chancellor of Exchequer prepares markets for bad news
      396 13 Reuter BRITISH Chancellor of tho Exchequer John Major has praparad financial markets for more bed newe when the country's November Inflation flguraa ara released in another thraa waaks. "Naxt month...tha racant Incraaaa In (home-loan) mortgaga rataa la bound to make tha
      Reuter  -  396 words
    • Article
      Lock icon French OMF futures market to drop stock index contract
      293 13 Reuter OMF, the French financial futures market which was set up In competition to the Mattf market in July last yeer. Intends to abandon Its stock index futuree contract and the options on thsss futuree. In a statement relisssd in Paris
      Reuter  -  293 words
    • Article
      Lock icon Sydney futures exchange to start after-hours trade
      182 13 Reuter THE SYDNEY Futuree Exchange (BFE) said It will start aflsr-hours screen trading on Nov 30. Initially only 10 year bond Mures Ironic* (SycomTTsakMn Trading hours will be 0646 QMT until 1900 QMT. A 3FE spokaeman said that, whHo it was Hkefy toe
      Reuter  -  182 words
    • Article
      Options
      125 15 S CURRENCY FUTURES OPTIONS <n Jt Mimiihii 29, 1989 BM M Mk OMM** ZL m* U* l~ *m z z z z z •n««b OmMM§ 71 3 Z Z z 75 INTEREST RATE OPTIONS l -.-I-. m a <y\ 1 AAA W*HIUUJf| nOWmMf 4T| I TOT •M«M» DM M
      125 words
    • Article
      Comex gold/silver futures
      166 15 to* QoM Mum on Ni mrombor 28, 1889 mm* t«0 My mm; Wl p* toy w m Opaa Um 41X40 0J0 i 409J0 41*70 ***** 413J0 040 ***** 0i30 28 4I3J0 431.70 ***** ***** Ol40 437jOO ***** 434J0 0J0 >7 424J0 431 JO 4UOO ***** oao 4]U0
      166 words
    • Article
      Simex
      591 15 EUROOOLLAR futures closed easier in moderate tradifjfcysstsrdsy on profit-taking and liquidation ahead of lael nighfs third-quarter US grosa national product dfl>, deaieri said. 3>ecember fell to 91.61 from Chicago's 91.62 and March to 92.15 from 92.16. Around 2,006 lots were trfped. Three-month Euroyen futures were steady to kNMr aft«r
      591 words
    • Article
      Asian Dollar Market
      155 15 us* om ho 7 doy* 5/« 1/3 1 MM* 13/14 11/1* a n* 5/« i/a 3 «MMh« 1/2 3/S 4 5/14 3/H M* 1/4 1/t 12 MMtM i/4 i/a Fr DM 1 «Mh 7 3/4 3/14 3 M*> 7 3/4 3/14 3 north* 7 13/14 3/14 4
      155 words
    • Article
      Money markets
      55 15 THE overnight rate on the Singapore money market was 7/16 point lower st 5 yesterday. Short-term rstes were 1/16 point up. S| hFrtxmh rotes of Hw doM yrtf doyi cm MO o» s 4 3/4 1-M* *3/4 3 S/S J"""* S 3/4 4 S/t 3—* S 3/4 S
      55 words
    • Article
      Government securities market
      110 15 Treasury bills faded ban* YXfdoy't dodng Day's cod* Maturity MD Off8t MK3M LOW 3 month* KM9146S 0143.90 447 442 447 449 6 month* IS*****V 1101.90 447 442 1 ynor BY*****Z 18.10.90 440 445 Government notes and bonds Porlod ten Maturity Coupon Ywfrdoy't dodng Day's oodo rato f%)
      110 words
    • Article
      Lock icon Manila to buy back USsl.3b of debt
      273 15 Reuter THE PHILIPPINES has accepted landers from 140 foreign commercial banks to buy back US$l.3 billion of debt at a SO par cant discount, control bank joyamor Joaa Fernandez said. Ha said yeeterday that the buy-back scheme would significantly slter the profile of
      Reuter  -  273 words
    • Article, Illustration
      World interest rates
      152 15 •he prime iMiagiaSi of IS na|ar Mb Ir rpore MMbank martwt rates (oHar/bM) on Nov 2t US$ DM SWfC Y«n 7 V* 1/3 14 l«/t* 11/1* 7 y4 7 f 1/a 4 7/1 *1/1 41/1 la* at VI* 11/14 IS >S 1/4 1/1 71/4-71/1 *11/14—11/14 I »V»*
      152 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      138 12 NN E B Mazda MX-6. 2 litre 16-Valve DOHC fuel injection engine CD 0.32 Auto Adjusting Suspension (AAS) Anti-Lock Brake System (ABS). Mjßp flkfc fl A\\ i Mazda 323 1.6 EGI Electronic Fuel Injection (EGI) LCD Meters Rear Double Wing Spoilers Electric Tilt-Up Sunroof Moulded Arm Rest Bucket Seats Power
      138 words
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      Page 12 Advertisements Column 2
      125 12 FREE LUGGAGE INSPECTION." -V 0 *0 m flb To help ensure a trouble-free trip, get your bags checked It won't cost you a thing. We mend broken handles broken pull-levers/straps jammed locks missing wheels cracks/tears/dents anything else that's not right. IU3!I;\!^RBW+SBMCEB #04-37/38 Shaw Centre Tel: 733-0037 Mon Sat 10 00am
      125 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      163 13 A m K B M m m m m ml nursaav, wturaay and xindjy. LOvn| Uttn^i I I I I Airport at 21-05 noun and arriving at O'Hare I I I B M International Airport the following day. CdU ymr trtvei agtnt or An Gaud* at 732 tfff. A BREATH
      163 words
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      Page 13 Advertisements Column 2
      335 13 Black text on white screen. the new Page White display Today's most wanted laptop display. Introducing the Sharp PC-5541. Take a look at or the other 10 10 store all the applications you'll ever need. we're launching now. It even has an extra 128 KB of Video Now you can
      335 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      282 14 40MB plus 'A" floppy Now even better. With a 286 Power Flex plus IMB memory plus EMS 16MHz chip that delivers processing power and j support plus 6 slots. Because F more speed than most 16 f access to 32-bit software.. of ALR's design skills, you MHz 386SX systems. And
      282 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      215 15 you were wise enough to You upgrade I invest in an ALR Power Flex, Power Flex Plus, with a 286 < congratulations. It just got B 16MHz chip that runs faster v A even better. than most 386SX systems. At a carry-in And more good news. The HI new Power
      215 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1148 16 BT SPECIAL ADVERTISING FEATURE A Sr'Mt, Mult er U •mBKSU A WAY OF LIFE WALKING into a Mulberry shop is an experience in itself. The whole set up reflects the feel of "The English Country Home". And then, snuggling by the elm and pine fittings, 18th and 19th Century antique
      1,148 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      893 17 KgM as m. r.. >» TM N\ 3 iss +m V Mul D ery k < 1 V j« t, m r afc 1-v 1 *31 •> *v r> m y "CSr" <3> Th« great planner The exemplary Mulberry Planner In rich Nil# crocodile printed leather. Complete wHh Index-linked coloured
      893 words
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  • PERSPECTIVE
    • Article
      Wading through muddy waters
      484 18 •IN ELECTIONS, clear victorias ara nearly airways preferable to muddy decisions. The fact "that India ia faced with a coalition government made up of all three major parts of the politispectrum a moderate centre coexisting B uneasily with a nagging Left and a gnawing Right cannot
      484 words
    • Article, Illustration
      Lock icon Out on the Street
      1359 18 With the leveraged buyout market dwindling and securities trading depressed, Wall Street firms are having a hard time. The Economist WALL STREET is living on borrowed time. Since the October 1907 Crash, securities trading has besn depressed, retail investors have scurried out of stocks and the
      The Economist  -  1,359 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      204 18 w- i, s Viconl .1 the rest. v V •> 1 i l.r- ggaßP* c t At IBM, we believe that the total solution extends beyond sales. Which is why IBM offers one of the widest range of Professional Services. We cover the following. Strategic Planning Consultancy and Systems Integration
      204 words
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      Page 18 Advertisements Column 2
      6 18 Shearson oaaaMara capital tataslpa, PAGE 29
      6 words
  • Page 18 Miscellaneous
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  • FOCUS
    • Article, Illustration
      Ifs not a diplomatic clash unless somebody makes it one
      523 19  -  The Smile of the Samurai Economy is a paper on Japanese-Chinese relations written by HARISH MEHTA of the Foreign Desk after a visit to Japan in September. Mr Mehta won the Mitsubishi Journalist of the Year award this year. FOCUS
      523 words
    • Article, Illustration
      The forging of a Far East axis?
      1266 19 THE PACIFIC CENTURY'S hawkers hava baan hard-aailing China Ilka an aoonomic opportunity faw nations, Japan Includad, could pass up. but canny conaidsratlons of trads ara not tha only compulsions that ahapa Tokyo's raaponaaa to China. Btralaolc intsraats cama into •harp tocus whan Soviat
      1,266 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      218 19 mCeS^ f it most* TO -;f f* W W MM The most useful support all your system programmers can enjoy is thatprovided by IBM Professional Services. i J- l X* With our help, your people can free themselves for more important work. Which means complex, time- consuming matters such as
      218 words
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  • SPORTS
    • Article
      Mobil event attracts 6,000
      337 20 MARATHON ABOUT 6,000 enthuelaata art expected to prove their mettle in the Mobil Marathon thia Sunday, starting at 6am from the National Stadium. Although foreign participants make up about a fifth of the 5,066 runners who have signed up for the run, local boys Ricky Khoo
      337 words
    • Article, Illustration
      Lock icon Lendl gives Chang a lesson in strategy
      611 20 TENNIS AP BORIS BECKER and Ivan Lendl have shaken off ghost* of tournaments paat to post openinground victoriee in tha seasonanding Maatars tannis tournament in Naw York. Landl, in search of hie sixth Master* title and confirmation of hie No 1 ranking, got
      AP  -  611 words
    • Article
      Lock icon They just don't like each other
      237 20 BOXING AP THE FIRST BOUT between Vinnie Pazianza and Junior welterweight champion Hector "Macho" Camacho ended in a draw on Tueeday after about 20 aeoonda. No punchea landed. The official match, billed aa the "Put Up Or Shut Up" bout tor the title, ianl
      AP  -  237 words
    • Article
      Watch top-ranked shufflers play
      99 20 BADMINTON THE 17-TOURNAMENT Seiko International Badminton Federation (IBF) World Grand Prix comes to an exciting conclusion in Singapore from Dec 6 to a. Fifty-one of the hottest shuttters. including top-ranked Morten Froat of Denmark and number two Allan Budi Kueuma of Indoneeia, will compete for the
      99 words
    • Article, Illustration
      Lock icon Cavaliers outshoot Bullets
      435 20 BASKETBALL AP RANOOLPH KEYS sank a short hall-hook ahot with thraa seconda laft. capping Ciavaland's rally from a 16-point third-quar-ter deficit and giving tha Cavaliara a 92-91 victory ovar tha Washington Bulleta on Tussdsy. Washington lad 53-37 aarty in tha aaoond half batora consscutive 3-poinlara by Craig
      AP  -  435 words
    • Article
      Lock icon Allegations of fraud rock organising company
      149 20 COMMONWEALTH GAMES AFP ALLEGATIONS of multi-million-dollar fraud have rocked the company organising the 1900 Commonwealth Games to be held in Auckland in January. Television New Zealand aald on Tuaaday that police were investigating share and option tradings involving a company whose director. David Johneon.
      AFP  -  149 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      234 20 L—solutions start I "<+ f O i up with Services. tjf sraS W^T^TWf s* r B? if?*&■>> r-f »i V _l l Your working environment has f. jr..." vJ; A been carefully planned so that you > k -'5, can perform in efficient, comfortable surroundings to your full ability. vf\
      234 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Royal Canadian Mint to focus on gift buyers as well as investors
      383 21  -  By QUAK HIANG WHAI GETTING SINGAPOREANS to appreciate the benefits of investing in gold coins by emphasising their convertibility, storage value and popularity as a gift item will be the new focus of Royal Canadian Mint's marketing strategy.
      383 words
    • Article, Illustration
      BP set to expand consumer products division in Asia
      570 21  -  By GENEVIEVE CUA OIL QIANT British Petroleum (BP) is charting an expeneion for its consumer products division in Asia. The division, called Unza, is blszing an acquisition trail for new brsnds and companies in the region, using Singapore ss its base.
      570 words
    • Article
      Hennessey offers more action to attract the Asian
      241 21 ACTION-PACKED commercials will remain the tack that Henneesey takes in Asia, a marked departure from its glamour-and-caviar approach for Weatern markets. Hennessey's latest 90-second spot is s tongue-in-cheek parody of gongfu movies, much in the tradition of an earlier commercial spotlighting s
      241 words
    • Article
      Encouraging a flow off creative ideas
      668 21  -  -m Marketing Matters By JONATHAN BLUM Jonathan Blum ia tha managing diractor of Ogttvy A Mather Public Relatione. WE ARE ALL, to some degree, in the businsss of managing ideas. We are constantly creating. assessing and implementing ideas about how to make our businesses
      668 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      203 21 O (O IBM Professional tBiM MrSi provide the key to j 111 /|D successful network t I 1 Jf 11 ff ffi management. S In business today, effective, network management is the key to business growth. That's why IBM Professional Services offer the total resources to provide you with tailored
      203 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When legal battles are fought over bands' names
      768 22  -  ROCK By JESSICA BALDWIN AP FOR SOME of the rock 'n' roll groupe of the 1900 a and *****, the comeback trail includes a gig in the courtroom to try to reclaim their household names. Lineups have changed, founding members have retired,
      AP  -  768 words
    • Article, Illustration
      Lock icon History versus dramatic fancy
      1622 23  -  CINEMA By RICHARD BERNSTEIN NYT SOMETHING STRANGE not new, but ever more conspicuous haunts the cultural landscape. Movie makers and television producers have become our most powerful, though perhape not our most careful, historians. It seems fair to say that more people are getting their history,
      NYT  -  1,622 words
    • SHORT TAKES
      • Article
        In celebration of nature
        129 23 BE MORE AWARE of the ravages the global village goes through. Flame of the Forest, an environmentally aware musical group, will perform at the Earth Music Concert next Friday at the DBS Auditorium. Original compositions by the three-man group will be played in celebration of the
        129 words
      • Article
        A pencil in God's hand
        112 23 MOTHER TERESA, describing her work to help the poor, says she is like a pencil and God is the author. "I don't claim anything of the work," she said in the Dec 4 issue of Time magazine. "I am like a little pencil in his
        112 words
      • Article
        A Beatles reunion?
        97 23 IT'S been a long and winding road but Paul McCartney says the way may finally be clear for a reunion of the three ex-Beatles. "We might get to play together after all this time," he told reporters before a concert at the Los Angeles Forum on Monday
        97 words
      • Article
        Lock icon Citroen XM 'Car of the Year'
        86 23 Agencies SEVEN European publications have chosen the French-made Citroen XM "Car of the Year 1990", according to official sources in Paris on Tuesday in the L 'Equips sports daily. The upmarket limousine which hit the roads in June was chosen for its "futuristic technology",
        Agencies  -  86 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      251 22 Where to entertain... Where to entertain... Where to entertain... Where to If you knew sushi. I pn ,m mr wmmmmK jmniiHn^ Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. m tkYi nmemu thi wisonpiaza WESTIN NonisCltnaKn
      251 words
    • Advertisement
      Page 22 Advertisements Column 2
      94 22 and chops, fresh 9cafuud with our WflMfa f I "mouthwalertnn" l\\ far the price of reservation today. 1* A MMM WIMO QDURT HOTEL No. 1 Tanglin Road Singapore 1024 Tel: *****33 EE==E=EzE Presenting EEEEE===== THE HARLEQUINS f i THE HARLEQUINS will entatoin you/with a 5 wid£ rtrpjjfaire offmusical the laiest%its
      94 words
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      Page 22 Advertisements Column 3
      234 22 PEUCIOZO HYAn Mama Ma! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our eyer popular salad bar. $10.50* EARLY BIRO SPECIAL A complimentary bowl of salod
      234 words
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      Page 22 Advertisements Column 4
      275 22 1 30 November Adults Children belou 12 $14.50++ (Ijinch) 9.00++ (Lundi) $15.50++ (Dinner) $10.00++ (Dinner) Cafe Plaza Plaza Hotel SIMGAPOPf BeKtKoadSinca|H»ro7l9 < M *****11 1 Lobby Eaoctslor Hold TtL 333 7733 You'll be entertained in English. Spanish, Malay, Chinese, Japanese and Tagalog That's what the versatile showband promise with the
      275 words
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      Page 22 Advertisements Column 5
      129 22 -Aifctwv 6/v*(A (jfrnrtfs^^CCtcUifaA NOVEMBER 24 DECEMBER 9 Qptr> Join master chef Rene Mommejac from France for life's more pleasurable pursuits, sth Fk»r at The Stables. And enjoy a complimentary dessert if you're a Diners Qub member. s y/om/iwn Bj Qfmwwrt htkmitMrfofmrv 333 Orchard Rd, Singapore 0923 Td: 737 4411 rasmiiiiMiTj
      129 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      211 23 ftiterfafti.,.. j H I Celebrate, I I Celebrate I I Amp I I Celebrate. I I HI I From early December right into the I! New Year you '11 really be able to make the II most of this festive season. Each of our ll restaurants and bars will be
      211 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      591 23 cryptic PUZZLE L^I233ZHKZPEZPEZ country (6) ~H|HH IH 7 A colourful container (8) L ■L_JBL_ 8 Nothing to got emotional P j I I 12 I |I 3 10 Didn't kill a revolution- HPsHBc J 11 Hate being improperly 17 pO I |H |H group of I I 18 Three on
      591 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      1373 23 TV and RADIO Henry's second wife ill'-' J^^^K^J^Ml' 0 i *T mrWmn Rlrharrt luAii a* %#m i*. li.hll mcnira Dunoci n n#nry Yin fngntj 100 utntvitvt DUfova u Anns Boleyn Ik>Umo/D« Thouemnd Dmye OUR CHOICE MARTIN LUTHER KING THE ANNE OF THE THOUSAND DAYS, LEGACY, B.oopm, SBC 12 10.35pm, SBC
      1,373 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Nationalists scramble to defuse Taipei bourse crisis
      455 24 Reuter TAIWAN'S ruling Nationalist Party is scrambling to dafuss a stock market crisis which has rocked the island in the run-up to Saturday's crucial local and national elections. State media was packed with comforting words for Taiwan's jittery stock inveetors, who reacted by
      Reuter  -  455 words
    • Article, Illustration
      Lock icon Sally Aw launches takeover bid for New Zealand firm
      211 24 AFP HONGKONG media and property magnate Sally Aw is attempting to use one of her associated companies to take over her loes-making Aw New Zealand Investments Ltd. Miss Aw was in Auckland yesterday on a 24-hour visit to "top out" a
      AFP  -  211 words
    • Article
      Lock icon Nomura to set up Indonesian securities venture
      248 24 AFP JAPAN'S Nomura Securities Co Ltd, the world's biggest stockbroking concern, has agrssd to sat up sn Indonesian subsidiary in a joint venture with three local compenies. The new firm, PT Nomura Indonesia. t* to be set up in January capitalised at 15
      AFP  -  248 words
    • Article
      Lock icon Computer Forms gets the nod for KLSE listing
      318 24 MBT COMPUTER FORMS, ft printing company, has reCftivftd approval from tha Capital laauaa Committaa for a listing on tha aacond board of tha Kuala Lumpur Stock Exchanga. Dotal la of tha flotation axarciaa of Computar Forma, which has a paid-up capital of
      MBT  -  318 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      392 24 Reuter FRANKFURT: Buoyed by a flurry of foreign orders. Wast German shares yeeterday reversed Tussdsy's bearish sentiment to close mostly higher. Foreign Investors, heartened by the mark's renewed rise and higher German bond prices, re-en-tered the market early yeeterday, placing large orders for leading blue chlpe. Financials
      Reuter  -  392 words
    • Article
      Selected Indices
      115 24 HONGKONG AI btdutfrlab nonoKono Mix w# dM*doy ***** Wedwdey IjBIIJOI Tm Mtey 2534.4 TuMdoy *****6 w» •k ago 2574.9 WMltOQO *****1 NEW YOMC Hang Sang bckx Wodnoadoy *****1 Dew Johm *****0 TuMdoy 2740.06 Tmi "toy WMk ago *****8 Moi 2394.96 Wa •k ago *****9 TOKYO Stcwdmd 4 Pa
      115 words
    • Article
      DIVIDENDS ANNOUNCED
      636 24 OWJ* Mi TaM tor TaM tor AI S I2%kl Ok 27 Jm II Jo* 25 13% 10% A M 0 I 2%W No* 14 Now 90 0k9 3% 1% A iMpiprtm 5%« No* 3 No* 17 Ok 7 5% 11% Amd Stool «%TCM No* 30 Ok 14 ioa
      636 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      55 24 Didn't I see you at Scandals? m Once a month on Wednesday: Theme Night. Every Thursday: Ladies Night. Every Sunday: High Fashion Night. Every night: the place to see and be seen. The new Scandals. Singapore's most sophisticated club and meeting place. For details on membership. The Westin Plaza call
      55 words
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      Page 24 Advertisements Column 2
      76 24 THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY <3 SAUJANA RESORT (M) BERHAD MR30,000,000 GUARANTEED TERM LOAN FACILITY Arranged by Ooc-c^ Oversea-Chinese Banking Corporation Limited Cfib SIMBL Singapore International Merchant Bankers Limited An association of OCBC and Schroders Guaranteed by The Mitsui Trust Banking Company, Limited Credit Suisse The
      76 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      C K Tang posts 45pc jump in after-tax profits to $2.01 m
      403 25  -  By ELAINE KOH C K TANG LTD, one of the tour largest retail operators here, has posted a 46 per cent jump in profits after tax and minorities to $2.01 million at half-time in spite of rising rentals
      403 words
    • Article, Illustration
      JC-MPH confirms $72m bond issue
      462 25  -  CASH CALL PARTLY TO FINANCE DEVELOPMENT OF MPH BUILDING By ROSIE TAN JACK CHIA-MPH LTD, which is widely-rumoured to be making s takeover bid for Boustead pic, has confirmed a much expected rights issue of $72.55 million five-year unsecured bonds with warrants. JC-MPH. which is
      462 words
    • Article
      Lock icon M'sian Pacific Industries to build M$l30m paper mill
      466 25 MBT PACKAGING SPECIALIST Malaysian Pacific Industries (MP!) is setting up s MSI3O million paper mill in a move to further integrate its paper packaging ectivttiea. MP! managing director Nga Been Sing said parent company Hong Leong had given its go-ahead for the
      MBT  -  466 words
    • Article
      Intraco and National Iron merge timber businesses
      325 25 IN A STRATEGIC MOVE, international trader Intraco and National Iron Steel Mills have merged their timber busineeeee. Intraco announced yeeterday that Its entire timber business will be amalgamated with that of NISM Trade Pie Ltd. a subsidiary of NISM, and will come under
      325 words
    • SES
      • Article, Illustration
        Stocks firm as volume rises to pre-Oct 16 levels
        793 26  -  -*r Abdul Hadhi i SHARE PRICES continued to climb on the Singapore stockmarket yeeterday as volume took another step to a return to preOct 16 levels. Brokers said late profit-taking was well absorbed by the market but were worried that the
        793 words
      • Article
        SINGAPORE STOCKS
        248 26 Rises K Kafka 25p 510 +7.1% +34 Parkway H 50* 332 5.1% +16 Grand Control 197 +4.8% +9 ANA Hotels 250 +4.2% +10 Ssangyong 50* 306 4.1% +12 MCrwftWm 94 +3.9% +3% Ambassador 164 +3.8% +6 J Comont 270 3.8% +10 Ming Court 675 +3.1% +20 Nat Kap
        248 words
      • Article
        MALAYSIAN STOCKS
        233 26 Rises Duff Mid 150 25.0% +30 M 326 +14.0% +40 MomahHo 820 +12.3% +90 Ayor Httam Rub 1400 +12.0% 150 M CwiMitt 50# 342 8.9% +28 Goorgo Town 118 +7.3% +8 H Loong Cr*dh 297 7.2% +20 M U Mfg 50# 133 +6.4% +8 Samando HkJgs 250 6.4%
        233 words
      • Article
        Unit trusts
        282 26 Manog«o' pric« for Nov 30 Singapore Unit Trust Tk* Commtc* IJI 128 TK« Savings Fund 104 1 10 S'por* Prog Fund 0.47 0.51 S'por* S*e Fund 078 083 S'por* Inwo Fund 081 oat S'por* Equity Fund OS 042 Asia Unit Trust Mai lnv*st Fund 142 171 Mai frog
        282 words
      • Article
        COMPANY MEETINGS
        62 26 MALAY i*ff Bhd: 28th AQM at 72A, Jalan Tampol. ***** Johora Bahru, Johor, tomorrow at noon. MYCOM Bhd: 22nd AQM at tha Panang Room, Lower Lobby, Shangri-La Hotal. Jalan Sultan Ismail. ***** Kuala Lumpur, tomorrow at 10.00 am. CENTREPOINT ProparMaa Ltd: AQM at La Meridian Singapour, Latour (Laval
        62 words
      • Article
        SES SHARE INFO ----- SESDAQ STOCKS
        250 26 SES SHARE INFO SESDAQ STOCKS MIoh'Tow Codl conifiiftv V* t P*r 1*1 Q*Ol» Ohr Dtv YTd Mat M Cap Niflh Low Coda Company (*000) High Low BuyarMtor Cvr ME £5 SESDAQ 179* 60* 4000 Amtafc Eng 20# 160-2 3 161 i«0 in im anu 180 70* 4008 F U| I
        250 words
      • Article
        SES SHARE INFO – S'PORE STOCKS
        2934 26 SES SHARE INFO S'PORE STOCKS «m i Ort OK# HW. Low rl£ i2 J2L U* Puerto ON ON VM Nsl MCap High Low Coda Company Safe +or- fOOO) Mg* Low Buyor Softer C*«r M M nov n DEBENTURES, BONOS, LOANS 124 I 1543 CK Twig Wt 1980 306 4 1
        2,934 words
      • Article
        SES SHARE INFO – M'SIAN STOCKS
        2691 27 SES SHARE INFO M'SIAN STOCKS Qr*s Or*o 1MB Tol Last Vol Day LmI <*** ON ON rid No! M Cap Mgh Low Coda Company Sala or- f®00) Mgh Law Buyor SoNor Cw R/E SmH NOV SECTION ONE MOUrnUAL COMMERCIAL 127 «0 1001 Alcorn 122 +8 400 127 110 122 1»
        2,691 words
    • KLSE
      • Article, Illustration
        Lock icon Rally loses steam
        3569 27 MBT THE RALLY on the Kuala Lumpur stock market lost some steam y—terday with •hare prices closing mostly off-beet In active trading. However, the strong performance of index component stocks drove the 30-counter New Strsits Times Industrisl Ordinary shsrs index up s hefty 40.10 points to 2,627.71.
        MBT  -  3,569 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Shares retreat in listless trade
        1189 28 Hongkong Reuter HONGKONG stocks yesterday sndsd saster in dull, tlrsd trsds sftsr gaining slightly In the morning, but drifting off in ths afternoon. Ths Hang Sang index ratraatad 8.00 points to 2,751.40. sftsr hitting a high of 2,770 in aarly trade. "The Institutions! interest now
        Reuter  -  1,189 words
      • Article, Illustration
        Lock icon Another new high
        506 28 Tokyo Reuter THE Tokyo stock Index yesterday limped to its sixth straight record ctoee. bettered all afternoon aa foreign arbitrageur bought and other inveetors sold Into the gains. "It waa a very strong day. with everything concentrated on the largecapital stocks." said Yaautoshi Kakluchi. head of equity
        Reuter  -  506 words
      • Article, Illustration
        Lock icon Stocks firm up
        86 28 Australia Reuter RENEWED buying interest in blue chip stocks and afternoon bargain-hunting puehed Australia's share market to a stronger ctoee yesterday. The All Ordinartee Index flniahed 7.6 up at 1.607.5, up from its early low at 1.987.8. The All Induetrials Index jumped 9.1 to 2£43.5, the All
        Reuter  -  86 words
      • Article
        Lock icon New Zealand: shares rally
        76 28 Reuter NEW ZEALAND shares yesterday closed slightly firmer on low turnover, with Air New Zealand shares recovering sfter the cancellation of a planned striks by pilots, which was to have been held today. Air New Zealand fin- ished five cents higher st NZ52.57 after seeing eerlisr
        Reuter  -  76 words
      • Article
        Lock icon Bangkok: Buying support
        171 28 Reuter A DENIAL by Thailand's Finance Minister that ha planned to introduce a capital gaine tax on stock trading triggered a wave of buying aupport acroaa the board yealerday. The SET Index gained 11.82 points to cloee at 771.92 In vary active trade. Qains outnumbered losess 106
        Reuter  -  171 words
      • Article
        Lock icon Taipei: Record rebound
        191 28 Reuter TAIWAN'S volatile bourse has set two records in aa many days, posting a record one-day gain of 680.19 points yastorday, a day after having a record loee. The 6. S3 per cent jump sent the weighted index to 9,630.26 and erased all of Tueeday'a 647.96-polnt loss.
        Reuter  -  191 words
      • Article
        Lock icon Manila: Prices weaken
        72 28 Reuter QUII IDCMkIC ahana■ mlUrririt IDIrM yMwf(tay toll tcroii the botrd ss investor* feared that higher petiol prices would slow down the economy. The main Manila Stock Exchange compoelto Index doeed at 1.317J6 after It lost 25.39 points from Tussday. Combined turnover on the two bourses eaeed
        Reuter  -  72 words
      • Article
        Lock icon Seoul: Technical rebound
        105 28 Reuter SEOUL stocks yesterday gained a few points on a tschnicsl rebound reinforced by indicstions that tha government wants to support the market The compoelto stock index roee 4.15 points to 896. Trading stayed sluggish st 172.8 billion won against 201.4 billion on Tueedsy. Risee led falls
        Reuter  -  105 words
    • WORLD MARKETS
      • Article
        Untitled
        825 29 Amsterdam Nov a HA ABN 42-0 Aagon. 1W.7 A5K: j»o Akzo 1299 Alranto. *1.3 AMEV 60.3 AMRO aoo Am tod 47.70 BOLS. 179.5 Bomimy 109.6 Bualtnnan TaOaroda. 64.2 C3M 7M Oaf 44.30 OH. 113.70 Baavtar 74J Fokkar. 40.2 OMbrac. 34.3 -0.1 •0.3 1.9 -04 -04 -04 •0.9 -0.1 1.6 +0.6
        825 words
      • Article, Illustration
        Lock icon Opec news boosts blue chips
        776 29 New York Reuter US BLUE CHIPS on Tuesday closed slightly higher, buoyed by oil slocks responding to news from the Opec conference that could mean increased oil prices. Traders snd analysis also say that while the Federal Reeerve is giving mixed signals about lowering interest
        Reuter  -  776 words
      • Article, Illustration
        Lock icon Firmer opening in cautious trade
        899 29 London Reuter LONDON share pricee yesterday opened slightly firmer in cautious business amid a flurry of corporate reeults with traders wary of sterling's weaknees against the mark. One trader said: "The market should rsally be mixed. After all, Wall Street was only higher on the
        Reuter  -  899 words
      • Article
        Lock icon Shearson considers capital injection by new investor
        393 29 NYT SHEARSON Lehman Hutton Inc is examining the possibility of bringing in en outside inveetor to put edditionsl capital into the troubled brokerage Arm. Under the propoeal being examined, American Express Co. which owns 62 per cent of Sheereon. would sell a large
        NYT  -  393 words
      • Article
        Lock icon Cost-saving proposals for US market
        126 29 Reuter PROPOSALS by a securities industry group to do •way by 1902 with physical certificates for US stocks and speed up settlement of trades could save tens of millions of dollars annually, according to a group member. "Industry wide, it would certainly save US$3O million
        Reuter  -  126 words
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      76 28 Because we fly non-stop from Bangkok to Amsterdam, Athens, Copenhagen, Frankfurt, London, Rome, Stockholm and Zurich, it's not only our excellent service that gives an impression that long flights are shorter. They are shorter! I >rffigp ijlfl TOftiS jii' ijfliffil'l r s^QE a IWF? 4%£JwQ[ j For further information contact
      76 words
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      435 29 Selected Indices table and European markets round-up on PAGE 24 PRCVC THERE IS ADVERTISING TALENT IN SINGAPORE I am tired of reading about the lack of talent in Singapore advertising. I don't believe it. Sure there are only a few people with big reputations, but there are far more with
      435 words
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      Page 29 Advertisements Column 2
      682 29 /currency FORECASTING: STAYING AHEAD UMiUJI OFTHEOAME I CmMmtttl* wmti *nr»- I Icaalng wtta tor tfaatar*. MMOiMi ho» you mtt your eompany can b«n«*t I Iran eurratcy toOwfaw an* now- I man* In friMrMt ram. I tun |o( *m aurranctaa atiara Iwy |araana«*>arat>ay atahiaOig MkK taralfn aachanga and tnaaraat rata tar*-
      682 words
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      Page 29 Advertisements Column 3
      794 29 NOTICES THE COMPANIES ACT, CHAPTER 50 Section 290(2) (b) NOTICE OF RESOLUTION SHENTON SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General A Meeting of Shenton Shipping K Pte Ltd nekl on the 23rd day of P November 1900, the following N special reeolutions were duly s| passed:
      794 words
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      Page 29 Advertisements Column 4
      810 29 THE COMPANIES ACT, CHAPTER 50 Section 200(2) (b) NOTICE OF RESOLUTION HORTENSIA TRADING I PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Hortenaia Trading Pta Ltd nekJ on the 23rd day of November 1009, the following special reeolutions were duly passed: RESOLVED: I)That the company be
      810 words
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  • Article
    Rotation of committee chairmanships an issue
    501 30  -  ASEAN MINISTERS NEED TO WORK OUT FORMULA By SHOEB KAGDA ASEAN ECONOMIC MINISTERS gathered hare lor their annual conference will have to work hard to reach agreement on the rotation of chairmanahipe of the five economic committees within the grouping, and the endorsement of
    501 words
  • Article
    Lock icon Citic seeking stake in Dragonair
    295 30 Reuter STATE-OWNED China International Trust and Investment Corp (Citic) is negotiating to buy shares of Hongkong's second sirline, Dragonair. Citic vice-president Wang Jun said in Hongkong yesterday, "We're very interested in the civil aviation business", adding that he felt the airline business had good prospects
    Reuter  -  295 words
  • Article
    Lock icon KL to focus on encouraging private sector investment
    195 30 Bernama MALAYSIAN GOVERNMENT policies in the 1990s will be geared towards encouraging more private sector investment, said Finance Minister Datuk Paduka Daim Zainuddin. The government, he said, would continue to promote the private sector as the engine of growth and enterprises would
    Bernama  -  195 words
  • Article
    Lock icon Pairin accuses federal officials of bid to topple his government
    322 30 Reuter SABAH's Chief Minister yesterday accused unnamed federal officials of attempting to topple his four-year-old Christian-led government, Bernama news agency said. Joseph Pairin Kitingan said an announcement by the Malaysian AntiCorruption Agency (ACA) that it was seeking to interview him
    Reuter  -  322 words
  • Article
    Lock icon Mahathir criticises resignations
    190 30 Bernama MALAYSIAN PRIME MINISTER Datuk Seri Dr Mahathir Mohamad has described the conditional resignation of eight MCA assemblymen from the Selangor state legislative assembly as a threat to the government and against the National Front's spirit of cooperation. He said in Kuala Lumpur yesterday that he had
    Bernama  -  190 words
  • Article
    Businessmen offer proposals to boost Asean's trading and manufacturing capabilities
    308 30 A ONE-STOP investment centre, a buying house and s trading company are some of the proposals thst have been mooted by Aaean busineeamen to boost the grouping's trading and manufacturing capabilittee. The propoeals were discussed at yeeterday's round of AeeanChamber
    308 words
  • Article
    Lock icon Canberra's monetary policy paying off
    211 30 Reuter ECONOMIC DATA released yeeterday show the Australian government's attempt to slow the economy and bring down intereet rates before the next election is beginning to work, economists said. Australia's gross domestic product rose 0.7 per cent in the three months to September after climbing
    Reuter  -  211 words
  • Article
    Lock icon Comex gold
    88 30 Reuter COMEX GOLD FUTURES shaved losses on small buying against a lower dollar Mrly yesterday after liquidation clipped Tuesday's late gains. Spot December loet US$3.7O at U*****.80 an ounce, coming out of a tow of U*****.40. February gold wm off US$4.lO at U*****.30. Analysts Mid gold wm dogged
    Reuter  -  88 words
  • LATE FILE
    • Article
      Lock icon US economy grows 2.7 pc
      74 30 Reuter THE US ECONOMY grew at a revised 2.7 per cent annual rate in the third quarter of the year, slightly higher than previously eetimated, the Commerce Department said yesterday. The Department had initially estimated the increase in third-quarter groes national product at 2.5 per
      Reuter  -  74 words
    • Article
      Lock icon Czech official pledges elections
      52 30 Reuter A SENIOR Czechoslovak Communist Psrty official yeeterday promised that there will be free elections in the country, poesibly within 12 months. Politburo member Vasil Mohorita told a news conference, "Free and democratic elections...will be held on a date which will be declared by the Federal
      Reuter  -  52 words
    • Article
      Lock icon No US-Japan agreement
      42 30 Reuter THE United States and Japan failed to reach agreement in their dispute over foreign aocesa to Japan's Mtollite market, officials from both sides Mid after two days of discussions. The two sides agreed to meet again in January.—
      Reuter  -  42 words
    • Article
      Lock icon Kano admits taking bribes
      40 30 Reuter SHIGERU Kano, a former Labour Ministry official yesterday became the first person to acknowledge In court that he had taken bribM from Recruit Company which la at the heart of Japan's biggest post-war political scandal.
      Reuter  -  40 words
    • Article
      Lock icon Millions put to work on projects
      33 30 AFP MAMMOTH agricultural and industrial projacta ara springing up again acroaa China and tana of millions of people ara being put to work on the ambitious schemea.
      AFP  -  33 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      118 30 A Your link to a world of technological and innovative opportunies Ontario, the heartland of Canada, offers a multitude of resources and expertise. From the fields of technology and consultancy, to business investments and more. If you are looking for business opportunities from Ontario, the Office of the Agent of
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      Page 30 Advertisements Column 2
      114 30 TIME ENGINEERING BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING Reference is made to the notice of the Extraordinary General Meeting which was published on 28 November 1989 in Business Times in which the time set for the meeting was inadvertently omitted. TAKE NOTICE that the Extraordinary General Meeting
      114 words
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      Page 30 Advertisements Column 3
      333 30 tor Aumls economy, PAGE S B The silver report wm not available at prees-tlme valuable advice THOUGHTS or business person somt common-sensical unorthodox IM A conducting yourself and VIfIHHHHH your company to prosperity, while maintaining personal balanct 1 sot for w£aP Keen insights nature T of man and how to
      333 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon USSR takes over Canadian wheat
        109 31 Reuter MOSCOW is believed to be in the process of taking delivery of over one million tonnes of Canadian wheat, the International Wheat Council (IWC) said in London. It said in its latest monthly report shipments could include up to 300,000 tonnes of lower-quality durum
        Reuter  -  109 words
      • Article
        Lock icon Hitachi to build tanker for Liberia
        62 31 AFP HITACHI ZOSEN CORP, a major Japanese shipbuilder, said on Tuesday that it has received an order from Liberian shipping firm Qolden Treasure Corp to build a 280,000 metric deadweight ton tanker. The supertanker, to be built at a cost of about 11 billion
        AFP  -  62 words
      • Article
        Lock icon Anagel-Amerlcan to buy ships
        70 31 Reuter ANAGEL-AMERICAN SHIPHOLDINGS Ltd said it will be exercising its option to purchase three ships for a total of U5545,750,000, completing the investment from the company's July 1969 initial public offering. The ships, 37,500 dead weight ton (dwt) Frangiskos CK, 23,100 dwt Anangel Leader and 17,000
        Reuter  -  70 words
      • Article
        Lock icon Argentina lifts ban on Its vessels
        81 31 Reuter ARGENTINA lifted a ban preventing its ships from entering Britain's ports since 1962. when both countries fought a war over the Falkland Islands in the South Atlantic. A Sea and River Secretariat reeolution late on Monday made official the lifting of the ban
        Reuter  -  81 words
      • Article
        Lock icon Houston ship pilots seek pay hike
        99 31 Reuter PILOTS working the Houston Ship Channel have asked local authorities for a 10 per cent pay hike effective Jan 1. If granted, pilots would be paid U551,047 rather than the present US$952 to move, for example, a 37,000 dwt chemical tanker through the
        Reuter  -  99 words
    • Article
      Hongkong shippers expect lower exports
      139 31 THE HONQKONQ Shippers' Council expects a drop in the territory's exports to China, says its chairman Chan Wing Kee. "Exports to China increased rapidly in the first half of 1989 but the mainland's current attitude towards imports will definitely reverse the growth," he told the
      139 words
    • Article
      Index to advertisers
      946 31 Pag* Column ABC Contoinerline Thirteen 5 Accord Shpg Ten 3/4 Albotros Sea-Air Sevan 5 AfC line Seven 5 API Five 3-5 AF5 Thirteen 3 Archimedes Shpg Twelve 3 Arrow lines Nine 5 Asian Express Six 4/5 ANl Three 1/2 ASa Five I Bolt Canada line Eleven 4/5
      946 words
    • Article
      NYK to invest in warehouses, distribution centres in Malaysia within three years
      485 31  -  By YUSMAN NAWAZIR JAPANESE shipping major Nippon Yusen Kaisha (NYK) will invest in warehouses and distribution centres in Malaysia within the next two to three years. Mr T Tsuyama, its liner planning division general manager, says the move
      485 words
    • Article
      NYK's LNG vessels may call Malaysia if need arises
      453 31  -  By YUSMAN NAWAZIR NYK's Line's liquified natural gas (LNG) vessels may call Malaysia in several years tims If the local gas industry requires additional tankers tor transportation. With the anticipated expansion of the Bintulu-based Malaysian Natural Liquified Gas (MNLG), NYK will
      453 words
    • Article, Illustration
      Asean ports urged to set up EDI links
      386 31  -  By RAHITA ELIAS ASEAN ports were yesterday urged to set up electronic data interchange (EDI) links with each other. "We will see the interconreactivity of all the Asean ports in the near future," said Dr Yeo Ning Hong, Minister for Communicationa Information
      386 words
    • Article
      Exports of Thai rattan furniture to decline
      360 31 THAILAND'S export* of rattan furniture are expected to decline in the next few years due to rapid cost increases, forcing a number of small and mediumsized operators to suspend production. Manufacturers told Bangkok Poet their main difficulties were the sharp increase in raw
      360 words
    • Article, Illustration
      Is there really an alternative to classification societies?
      1273 32 Classification societies have of late come under fire over standards of certification, especially from marine insurers and shipowners. The debate has even led a leading banker to suggest that privately-run societies be abolished or nationalised. In a recent speech given in Amsterdam
      1,273 words
    • Article
      Cockett bunker report
      920 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      920 words
    • Article, Illustration
      Panama Canal to change tonnage system
      268 32 IN LINE with a new worldwide standard for measuring ship tonnage, the Panama Canal Commission will in 1994 convert its tonnage system for assessing the calculation of tonnages. The planned change, as approved by the board, will be concurrent with final worldwide implementation of
      268 words
    • Article
      SHIPS IN PORT
      1800 32 AT CONVENTIONAL WHARVES v I I M li Arrival bpmno Ac 1 KI9 alongside XI1/0600 FrotaMonMo 34WB K35 oiongside XI1/2300 G K Orboy 3/89 K33 alongside XII/ ISX L4 t .I—inn i i u h n n nuang|inyiun 11 K3I alongside 01.12/ 2300 Jo zmi Omtmo 26W
      1,800 words
    • Article
      London Freights
      1047 33 INCREASED fixing of both coal and iron ora cargoas was saan on tha dry cargo fraight marfcat on Tuasday, but tha grain sactor ramainad thin, brokers said. However, soma rates ware aaaier with a 90,000 tonnes coal cargo fixed from Hampton Roads to Rotterdam at US$7.9O, trimming its
      1,047 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11451 38 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      11,451 words
    • Article, Illustration
      Choice of cast and fabricated suspensions
      756 44  -  UbiSSQKS® This fortnightly column is aimed at transport companies and anyone else interested in the movement of goods by trucks and trailers. It will discuss issues such as maintenance, new equipment overseas and local developments, and new products. Should you have any queries or
      756 words
    • Article
      Lock icon Sea Containers to sell ferry business
      364 44 Reuter AS PART of its previously-announced recapitalisation plan. Sea Containers haa agreed in principle to sell its Isle of Wight ferry bueineee to Radiant Shipping Co Ltd for £107.5 million, aubject to shareholder approval. The company said definitive documentation la expected to be completed
      Reuter  -  364 words
    • Article
      Lock icon Brazil ports remain strikebound
      146 44 Reuter BRAZIL'S ports nationwide remain strikebound. Rio de Janeiro, Vitoria, Salvador and Porto Alegre were among the paralyzed ports, port authorities said. About 25,000 workers walked off their jobs on Nov 21. The ports of Santos in Sao Paulo and Paranagua in Parana, important departure points
      Reuter  -  146 words
    • Article
      Shipping events
      525 44 Nov SI Dm 2 Marintec China 22 conference: "Managing technological change tor improving aaa trada". Shanghai Exhibition Cantra. Shanghai, China. Organiaad by tha Saatrada Organiaatlon In aooociatlon with tha Shanghai Society of Naval Architactura and Marina Engineering. Dae 1-1 Tha changing face of European traneport and dietributton, Portman
      525 words
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      31 31 A lively ■WW way with mm words Avefabfo at all good bookshops FMaral Publications For advertising and circulation enquiries, please call Bualness Times, Tel: *****11, Fax: 253-2021, Tlx: RS ***** BTAD
      31 words
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      19 31 Lines and services represented by Members of the Registry of Accredited [tgfiWtt Shipping Agents. Singapore National \V® Shipping Association.
      19 words
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      16 31 The Illustrated Encyclopedia of Wildlife" H Fortnightly MII good bookshops «ru'S- sfa *ds JjP^BH^Bß^^^w i K
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      Page 31 Advertisements Column 4
      113 31 INSIDE Classification societies LLOYD'S Register chairman Sir H R MacLeod setting the record straight about the dispute between claaaification aocietlee and marine insurers in a speech delivered at a recent FT conference. Page Two Panama Canal's tonnage system RECENT ACTION by the Panama Canal Commleeion'a Board of Directors could change
      113 words
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      2179 33 iarqine shipping AGENCIES \ll|f/ 200 Momut tad #1246 SmiOipomt S.nppor. 0208 vilify TO 221W11 TELEX HO RS ***** IflllllH TERMINAL/CFS r«t *****11 220 r CCCO3 bookings r«i *****34 -235 J PESAKA JARMNE SHIPPING AGENCIES SON. MM). T PORT KELANQ TEL *****1 t■> T. yi 1.. ■TBMBRBBBH PENANG TEL *****4 TELEX
      2,179 words
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      Page 33 Advertisements Column 2
      2229 33 VMM! Voy ETA ETO "Port Sinwot DESTINATIONS TMa «Mk Louis M. Closing Time Feeder by cy via 0400 hm m Faroe CFS 4/12 MOO HM M. Teuro OAK LOB NOU MEM ATL MIA CHS BAL PHL NVC MOM TON LOUM M. *008 5/12 6/12 to Pt 2/12 23/12 25/12 27/12
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      888 34 ROTTERDAM/] V°V WO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOLAGA BAY 07/SB3 30/11 2/12 18/12 21/12 23/12 24/12 26/12 HAMBURG EXPRESS 93/517 30/11 28/12 18/12 21/12 18/12 24/12 TOKYO BAY 88/818 7/12 31/12 28/12 27/12 24/12 30/12 ALASKA MARU 08/588 13/12 15/12 2/1 4/1 8/1 7/1
      888 words
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      Page 34 Advertisements Column 2
      547 34 NORTHBOUND TO UKC S PORE RDM/A OAM HBC HULL (U.K.) TAUSALA SAMOA V.ltN C/ 12 9/1 I*l 14/1 CLYOCBANK V-27N Al A 3M TAMAITAi SAMOA V.I7N 3/2 1(3 If} 11/3 *Aiw AcmpHmi ret >• )|T m in|Titln>i«ifrniMnwH»f iHiil/THlhuOiih I IQUTMOUMP TO »A»UA iaw.au—> I (ASIA-SOUTH PAOFIC JOfffT SERVICE) STORE I
      547 words
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      Page 34 Advertisements Column 3
      1366 34 r»a smmßiawst &mm ill REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE X VSUVOY SIN CtM PRS ALC KL FEL HAM BftE ROT ANT LNA (via (via (via t; t ALG) HMD ROT) E NOR ASIA PEARL 0930-3 2/12 C/ 12 IM/12 22/12 24/12 27/12 29/123M123U120U1K/H NORASIA PRINCESS W7-3 1/12
      1,366 words
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      1389 35 Sgg Steamers Maritime Holdings Ltd p&o mm STRAITS SHIPPING 111 Containers r*m pjqmi JI» mwt n»»wr«*i u* tocaca bay am mm am am «u a* aw accepts cargo due sails "SS!*™** 22 SE 525 2« BINTANG PERAK WOIE Sibu, Kuch Doily In Pt II Ok TOKYO MT to/12 W 27/12
      1,389 words
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      Page 35 Advertisements Column 2
      1478 35 TO: EUROPE TO: FAR EAST SP LH MM NAM ME FIX CMOYANG SUCCESS WW K|U «U HJI2 &|U M|U B|U SPORE HK KAO Ml HANJIN TOMGHAE 071W WI S/12 l|U W W CMOYANC CHANCE 044E M/ 12 07/12 M/ 12 14/12 HANJIN ROTTERDAM MM it/U MOl M/M M/M V/U M/M
      1,478 words
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      Page 35 Advertisements Column 3
      340 35 STRAITS/ JAPAN/ STBAITS SBNKE SPECIALIST IN RO-RO& HEAVY LIFTS VESSEL AMBALIKA ASIAN CHAMPION CUPPER TRADER VOY. NO. 52 120 4 Sport 30/11 SM 7/12 P. Kelang In Pt Ponang Hong Kong Yokohama 15/12 20/12 30/12 Nagoya 17/12 20/12 Osaka 12/12 Sonboku Moji Funabashi •for Discharging Only NOTE: ALSO CALLING OTHER
      340 words
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      Page 36 Advertisements Column 1
      689 36 ——Mpmnpvwmpvwl HH—— liftmitif—Twi >fpi Loading lor- I IRAN BUM* PJL73B 13/12 BANDAR ANAS QUAM/«AIFAN DIMCT WKVICE (B/BULK COMTAMER) ETA STONE GUAM SAIPAN •SPARKLE' V 3 2/3 DEC 14/15 DEC If DEC KKRONESJA PONTS DIRECT CALLS SUBJECT ON INOUCEMENT BASIS AW/ON T/SHPT AT GUAM. BOOTH pacific raviac ■OTHER VSL HK LOAOINC
      689 words
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      Page 36 Advertisements Column 2
      762 36 67) HAN JIN SHIPPING I cMVMcsuccus«w pslssrar sp srsp S™- (Tlw. z s HANJIN TONC MAC 071* *12 24/12 30f12 2812 Bfl2 2/1 2*™** J W J r .*JL l "L ,Ut UM H NMM M 1«1 HANJIN ROTTERDAM (HE I IC/12 I 1/1 4/1 VI VI 0/1 u Wl
      762 words
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      Page 36 Advertisements Column 3
      1441 36 J J b T-J .1 «1 —J PKL SGP HKG KSG KLG PUS MKT OSK TTO ML UN AMI ROB FIX HBG MP*' I SSSSn V X X U 1% W &i SB SSS■ts:l I I I I i i;l ALSO ACCEPTING CAMS TO: I u fwwwci. mum. savannah. ntmi
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      Page 37 Advertisements Column 1
      1216 37 tgggPff PACIFIC INTERNATIONAL LINES (PTE) LTD J Wi Hi P ll Building, 140 Cecil Street #0300, Singapore 0106, Tel. *****33 vnaa. VOY SIN jkt my VOY hkq yok moo koo m J*® MAJAPAMT 47M SM 2/12 4/12 4SNB 12/12 IS/11 *1/12 22/12 24/12 17/11 QOWA 11M 2/12 11/11 IM2 SMB
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      Page 37 Advertisements Column 2
      916 37 DJA3 AQETRI A Joint Europe Strvict Of: P.T. tMMITA am P.T. MNM Uffl MyMm A ymm 11 MB P.T. mWBPKImm SPPBIEIIw r.f. IHMi llWo vsl/vot rmt roam miurw mokn Antwerp All Li MNTANG/MM M/U I*l I*l I*l 22/1 ■atarammm l>-n/12 I*l I*l 23/1 ;n S. PANJANC/ian 14-13/1 9 W FAST
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      Page 37 Advertisements Column 3
      416 37 IM| MYANMA QSBk FIVE STAR UNE 1 (Burmese National Una) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok PAGAN VMM fi/M NOV PINYA VMM in au WOm HPA-AN VMM 14/14 DEC j PAGAN VMM IS/17 OEC THE BANK LINE [EXPRESS TO PAPUA HEW GUINEA I COLUMBUS SINGAPORE V3S 2/12 (CALLING
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      Page 38 Advertisements Column 1
      249 38 A MAC-NELS AGENCIES PTE LTD., SINGAPORE TEL: *****02(1MP) *****22(EXP) PENANG TEL: (04) *****6 KK TEL: (088) *****0 I -rv~/\ —l PORTKELANG TEL:(03)*****77 KUCHING TEL: 082 *****3 Civ VzJJ.BAHRU TEL:(07)*****2 SIBU TEL: (084)*****2 |FREJA LIMES, DENMARK EAST MALAYSIA MONTHLY USA/EURO* -CONT UNE p (Accepting Timber, Plywood, Proiect General Cargo) K. Kiiubalu,
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      Page 38 Advertisements Column 2
      139 38 CEBBHH FCL/LCL Acceptance Weekly consol at our CFS to Warehousing ft Transportation (1988) Pta Lid Direct Tel: 861-5060. 861-5324 Reception: 861-1911 Tlx: RS ***** Fax: 861-2168/861-3197 WE HAVE CONSOLS TO USA ports/IMIAND POINTS ON EVERY MONDAY AMP THURSDAY ALSO ACCEPT CARGO TO OTHER DESTINATIONS I TEL: *****24 —V SOON KIAT
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      Page 38 Advertisements Column 3
      289 38 EXPORTS TO FAR EAST foUTBOUWO PKL SIM KAO Kg I KK6 I TKY I YO* WAC OS* KQB I MOi I MIS WOUOSUWO MB SM SM 1/12 3/12 5/12 U/12 14/12 15/12 15/12 1»12 1»12 Ujg 610HY ACt WOU yu 4/12 !Qfl2 12/12 14/12 21/12 22/12 23/12 ayi2 21/12 22/12
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      Page 38 Advertisements Column 4
      69 38 DIRECT TO FREMANTLE GERALDTON FCL, LCL, REEFER BREAKBULK HEAVY LIFTS NEXT SAILING KAPITAN VOY. 8S SIN: 13/12 SILIN FRE: 21-24/12 A 5555 MAMTME PRIVATE UMTB /t) TEL: 224 9941/224 9679 FAX NO: 224 6003, 222 1831 TLX: RS ***** REGULAR LINER SERVICES TO:RED SEA/MED/EUROPE 01/12 KAOHSIUNG 02/12 WVOCC SERVICES HBG/ROTT/ANT/FLX
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      Page 39 Advertisements Column 1
      583 39 Inter Con MARITIME I'll: I.TII A subsidiary of NedHoyd EAC agencies pte ltd WEEKLY FCL/LCL TO: FAR EAST JAPAN FIJI ISLAND KAOHSIUNG 3/12 TOKYO 7/12 LAUTOKA 9/12 KEELUNG 3/12 YOKOHAMA 7/12 SUVA 9/12 MANILA 8/12 KOBE 7/12 BANGKOK 8/12 BUSAN 7/12 HONGKONG 7/12 ScanDutehiy 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY
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      Page 39 Advertisements Column 2
      840 39 Ml iMlllllll OUR godown for lcl stuffing/unstuffing > rnFV TT WILL BE RELOCATED FROM F6 TO F2 EFFECTIVE 20/11 T Neoiloyo Lines for inward cargo and 29/h FOR OUTWARD cargo EXPORT 11 tMPOfIT NEW ZEALAND/FIJI NEW ZEALAND VESSEL Hit Sin Stay a Auckland FIJKA) N.PtyaietitlKA) Timaru Lyttolton(B) Duno«n(B) Na*or *Wlin«ton(C)
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      Page 40 Advertisements Column 1
      1197 40 IMHMB voy •moo *pk/png |sgp lb chls nfk hyc hfx RAINBOW BRIDGE 2127/11 a/11 30/1123/12 2/1 4/1 8/1 10/1 OOCL FREEDOM 2t 4/12 5/12 7/12 30/12 9/1 11/1 13/1 17/1 OOCL FAITH 17 11/12 12/12 14/12 6/1 IC/1 10/1 20/1 24/1 OOCL FRIENDSHIP 17 11/12 19/12 21/12 13/1 23/1 25/1
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      Page 40 Advertisements Column 2
      1340 40 A\7>»l golden line A GUAN GUAN SHIPPING (PTE) LTD V >1 T#lo* kwof Itfrrt SlftCAPOftf OiW T£l U4HU (10 LINES) fai STRAITS/PERSIAN GULF SERVICE: S'por. P Katont Pewg OOLOCN HAVEN Colombo/ Karadw/Ouba. WDk GOLDEN BEAA CownOo Ranch. Duba. M Jan CHINA SOTVKt BAI TUN SHAN Hyancpu/Fiutou ta Pwt CHINA OCEAN
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      Page 40 Advertisements Column 3
      678 40 vessel I ETA SINGAPORE I pcsnmnow I TBN 101 *12 DUBAI, DAMAN, KUWAIT, UjU, H|U DOHA, MUSCAT BAIMAIN ABUONASI A jNARJAN TBN (m VIU JEDOAH (IXU WEEKLY AQAIA, MOOEIOAM TW jyil, vu NJtONC, KOBE, TOKYO, KEELUNG, 7/12 KAOKSIUNG. MANILA BANGKOK, m BUSAN. JAKARTA I 102. 502 COLOMBO. KARACHI, BOMBAY, VU.
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      Page 41 Advertisements Column 1
      1635 41 NEPTUNE AGENCIES PTE LTD SINGAPORE syyl (CR No: **********0 E) yyyZZ Bookings: UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 v USA-*****42/*****16, FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****0, *****1 lli mviu/vnf mi wvr tar unrnn rajvm ST.P LAW rU
      1,635 words
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      Page 41 Advertisements Column 2
      943 41 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 56, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** nWR MUM j* B jj*L!"QM miphmc in nwn are* pmmi m namum systm oo sm. mo sssssssaiuaafts^JKiflns
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      Page 42 Advertisements Column 1
      735 42 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT ROM HBG RST T. WENOA 3H i/U »(U JW P W «W 0. GROTEWOML V*« 14/12 21/12 *oT </U l/U 11/W H. CECIELSKI M a/lT 13/01 22/01 22/01 23/01 M/M FAHNLANO 1/SB
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      Page 42 Advertisements Column 2
      955 42 UW wßrßiWttwlYW Vmml P. KLC PNC PC LmMhj Mr TONCCHUAN 3*ll R«ttw^w/Aw>»«f? JIANGCHUAN 3*U *«tWR*/A*hewv OTO4A ruix COBfTAIWKm WVK« VtsMl Pklf Pn« Sport Bkk Hk« S'M Q<n«4M SHANG CHENG VUI a/U WU 27/U OfU »/12 YANG FANG KOUVU7M/11- M/U 4/12 11/12 11/U Acuptinf FCL Carg* Mr «N ottwr ChitMM port»
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      Page 42 Advertisements Column 3
      213 42 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU Sm *1* eto loading for illM PANJANG/PK. BALAM r2s*, j^Y \v. mua panjaw PSIHK«/ A ff2 7WJ# SEMARANG/PANJANG 25m J A J. A ~2J® 10.12J9 PANJANG/PK. BALAM SI JAY A IH® *IIS PANJANG/JAKARTA JgJWW** 2.12.19 3.12* PAN JANG 12.89
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      Page 42 Advertisements Column 4
      491 42 1 Xjlcvv POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN l Tourjhundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 10/12, 13/12, 14/12, 20/12 25/12, 26/12, 03/1, 04/1, 17/1 20/1, 23/1 EUROPE ,:To all
      491 words
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      Page 42 Advertisements Column 5
      464 42 ■lIUMJJIIILHiJIIUMI ASEAN PORTS NgowHocfc Agency Co Lid BKK (Tei: *****801 HYA W W TW In W Sm Ifg jomw iaw frt 1/12 mm yu ww am w i/u mm yu mw s— yu jM i/u HYA MM —I «M l/U M *U_ ratama w an tw y/u ng swi HI
      464 words
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      Page 43 Advertisements Column 1
      952 43 I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI MV COMET 09/12 LANKA SIRI 131W 09/12 LANKA SRIMATHI 72W 15/12 02/1 LANKA SIRI 132W 26/12 LANKA SRIMANI 73W 26/12 ALSO ACCEPTING CARGO (FCL/LCL) FOR:A) INIMAN PORTS MADRAS; TUTICORIN; COCHIN; MAN6ALORE; BOMBAY B) ARABIAN GULF PORTS SHARJAH; DUBAI; BAHRAIN; DAMMAM; KUWAIT; MUSCAT C) RED
      952 words
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      Page 43 Advertisements Column 2
      182 43 ACCEPTING FCL AND CONVENTIONAL PEWPKO ETA LOADING FOB *S5* V *SP I SS23®ttC^JS??SSSo^ J,BOOTI P| MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Spore P. Louis Durban Johannesburg DILIGENCE CNTR V-094S 10/12 20/12 24/12 27/12 POOLGRACHT V.PG9SS 23/12 3/01 8/01
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      Page 43 Advertisements Column 3
      617 43 WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL VOY SIN JKT PAJ JKT SIN PUL SENTOSA 15S 2/12 4/12
      617 words
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      Page 43 Advertisements Column 4
      465 43 BAY OF BENGAL SERVICES KSSELSWV SM BAA CM. CM MY VERMILLION BAY VOBW In Pt 14/12 TIGER BAY 87N 1/12 8/12 SUSAK 90N 3/12 10/12 CALABAR 80CNB 4/12 10/12 IK) JI 15W 6/12 20/12 TIGER BAY 89N 6/12 13/12 LEUVE 9115 8/12 13/12 15/12 A GONCHAROV *****9 11/12 16/12 SUSAK
      465 words
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      Page 43 Advertisements Column 5
      213 43 MwHwuwia TO AUSTRALIA/NEW ZEALAND t Nuowai liiu yu 55 T55 S5 35 ■tuna m w in "Si ~W M 55 I•c. vnouK a w an on "55 5 AMTVOKH M «5 iff MP Si M USA Hurtwt, SiwH, Taopa, firtinniillli. ri (M H IM Mr**. MUmra. No«Ywt, SaMi W CA«AOA
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      Page 44 Advertisements Column 1
      750 44 Q:u» our new us 5? pw]m~|= «M LAX MR |mu ML aw |m |m |«TC SERVICE CAU nw* wtmw vjm —am aujmtm sum vjmb yp mu aw aw ajo~ vkT oju~ via aw SINGAPORE hmm iitmw vm yu aujmtm wcnm vobb aw awi/iww*i*iww niocrT CVFD MM HITAM VJM *U AUJMTM
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      137 44 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON NOV 30,1969. LEGEND: R Thunderstorm Temperature c Weather Wind direction with speed m knots o,n Wove height e Cloudy Sky Swrfoce winds are indicated by orrows which fly with the wind Q One full circle represents calm or light and vanable
      137 words