The Business Times, 25 September 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday September 25 1990 75*
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  • NEWS SUMMARY
    • 50 1 THE SOVIET parliament voted overwhelmingly yesterday to give special powers to President Mikhail Gorbachev during the transition to a market economy. The resolution was adopted by 305 votes to 36 with four abstentions, but it could still be modified under Soviet parliamentary procedure.
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    • 37 1 IN A first step towards carving a niche for itself in the Singapore property market, the diversified Saison group has taken a 10 per cent stake in the $800 million Bugis Junction project Page 2
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    • 47 1 THAILAND will lodge a protest with the General Agreement on Tariffs and Trade against the US decision to list the country as a target for trade retaliation in order to force Thailand to open the local cigarette market according to the Bangkok Post. Page 7
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    • 41 1 BUSINESSMEN have urged Jakarta to revise the May 1990 deregulation policy on the imports of electronic components because the measure might force many electronics plants into bankruptcy, according to a report in The Jakarta Post Page 7
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    • 41 1 AS THE military buildup in the Gulf dashes hopes of a "peace dividend", industrial nations are worried that a shortage of capital poses as big a threat to the world economy as a shortage of oil Page 9
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    • 29 1 AS A BOY growing up in Ireland, Liam Neeson loved to be scared by Hollywood horror movies. Now he can do some scaring himself. Page 17
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    • 49 1 THE Taiwanese are jumping ship. Billions of dollars from the world's fattest cash hoard are going abroad, leaving a hungry economy behind. Taipei's businessmen have spent US$l2 billion so far this year alone on everything from thrifts in Texas to computer distributors in Germany Page 11
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    • 31 1 TAIWANESE shipping major Evergreen Marine, which is gearing up to be a total transport company, plans to set up warehousing and container terminals in Asia Shipping Times Page 1
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  • MARKETS SUMMARY
    • 37 1 THE NEW YORK stock market declined broadly yesterday morning in activity marked by continuing pressure on bank issues. The Dow Jones average of 30 industrials dropped 37.13 to 2,475.25 in the first hour of trading.
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    • 32 1 LONDON share prices were lower at midday yesterday. At about 12:15 pm (1115 GMT), the Financial Times-Stock Exchange 100-share index was down 8.4 points, or 0.4 per cent, at 2,017.1.
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    • 37 1 SHAREHOLDERS of Bousteadco Singapore are likely to hear more about takeovers, now that the group has posted a 24 per cent rise in net profit for the first six months this year Page 3
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    • 35 1 G K GOH HOLDINGS and General Magnetics, two of this year's stock market debutants, have turned in results that are better than that forecast in their respective share offer prospectuses Page 3
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    • 21 1 THE heady days of lavish par-ty-giving are over for US banks; austerity has hit home. Page 6
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    • Article, Illustration
      28 1 Monday Change BT-MGA 577.54 -11.49 Kuala Lumpur ....494.81 -12.43 Hongkong 2,931.86 -52.68 Tokyo Gosed Sydney 1413.9 -14.1 Friday Change New York 2,512.38 -5.94 London 1,537.3 +6.2
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    • 19 1 Exchange rates US$ S$ 1.7665 Yen SSI.2979 MS SS0.6544 Money market rates Overnight 5-1/2 2-1/2 3-month 6-1/2 unch
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    • 35 1 London Gold PM fix US$392.50 US$3.20 Rubber S'pore Oct.... 155.25*/kg +1.00 M'sia Oct 238.00«/kg +0.50 KL Tin Turnover 80 tonnes S Spot M$l5.50/kg +0.12 Crudo palm oil Turnover 377 lots +153 Oct.... M$673/tonne -1.00
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  • 459 1  -  By John Tan YAOHAN, which changed local shopping habits with its first supermarket here 16 years ago, is about to do it all over again. Its new project will see "lifestyle" shopping located in a massive complex which will offer all that
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  • 414 1 The Gulf Crisis Agencies ISRAELI Foreign Minister David Levy said yesterday that the buildup of forces in the Gulf is likely to lead to Iraqi aggression against Israel and if attacked, "we will do what we have to do." Israeli officials said Iraqi
    Agencies  -  414 words
  • 280 1  -  By Magdalene Ng THE STOCK Exchange of Singapore (SES) last week took to task broking firms Lum Chang Securities and OCBC Securities for violating its rules and bye-laws. A director of Lum Chang Securities, Mr Lim Jit Poh, was fined $5,000 for
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  • 191 1 CRUDE OIL PRICES yesterday headed towards US$4O a barrel, approaching the highest level in a decade on fears that it may be impossible to avoid war in the Persian Gulf. Brokers in London said bids pushed prices for the benchmark North Sea Brent Blend
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  • 328 1  -  By Quak Hiang Whai THE LOCAL operations of Chase Manhattan Bank are unlikely to be much affected by its head office's plans to slash 5,000 jobs and restructure its operations. Any retrenchment here would be marginal at most, said Mr Rodney Freed, vice-president and
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  • 241 1 Bernama BANK of Commerce Berhad has proposed a merger with United Asian Bank through a share swap to create the fifth largest Malaysian-incorporat-ed commercial bank in terms of shareholders' fund and sixth largest in terms of total assets and deposits. Announcing the merger
    Bernama  -  241 words
  • Page 1 Advertisements
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    • 23 1 Oil prices shouldn't be so high, Pg 9 KL commodities unscathed by Gulf crisis, Pg 26 Aspiring Asean economies face test, Pg 28
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  • HOME NEWS
    • NEWS ROUNDUP
      • 65 2 THE Singapore Manufacturers' Association (SMA), under the leadership of its president Robert Chua, will conduct its second trade mission to Canada next week. The main objective will be to develop joint-ventures, pursue investment and manufacturing opportunities in the aerospace, electronics and the environment sectors. During
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      • 55 2 A TRADE mission of food processing companies from Ontario, Canada, will be in Singapore for three days from tomorrow. It will feature delegates representing more than 12 major companies involved in the processing of up-market food products. These range from convenience food, confectionary and beverages to pastry,
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      • 58 2 THE Singapore Shuttle Bus Pte Ltd (SSB) has applied to the Public Transport Council for a fare increase to counter escalating costs of operations. A press release said that the child fare of 10 cents has remained unchanged for the past 15 years while adult
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      • 60 2 THE Telecommunications Authority of Singapore (TAS) said that Singapore will introduce a speed post service to Barbados on a reciprocal basis from Oct 1. Customers can use the service to send business and commercial papers, samples and merchandise. There is no limit to the weight of a
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      • 81 2 THE Singapore Anti-Tuberculosis Association (Sata) said it has not only to consolidate and improve upon its existing core services, but to be ready to meet the needs of changing medical services in Singapore in the 90s in order to completely eliminate the scourge of TB. It added
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    • 467 2  -  By Lilian Ang IN A first step towards carving a niche for itself in the Singapore property market, the diversified Saison group has taken a 10 per cent stake in the $800 million Bugis Junction project. The equity share, which costs the Japanese group
      467 words
    • 284 2 WHILE TWO more oil companies have joined their competitors by cutting the price of premium grade petrol, market sources are predicting that wholesale prices will go up again in about a week. And unless oil companies decide to deliberately keep the lid
      284 words
    • 95 2 SINGAPORE appreciates deeply the contribution that the South-east Asian Ministers of Education Organisation (Seameo) has made towards the development of human resources, said Senior Minister of State for Education Dr Tay Eng Soon. Dr Tay was speaking at the opening ceremony of the Joint
      95 words
  • Page 2 Advertisements
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    • 15 2 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times.
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    • 236 2 AT SHEBATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT •AT SHEBATON LITTLE S) < 5 z o O 5 m < > z J M»1 IJMnßafi a M JaliM I jog EuV T A w>J TV ,-M I x-ityi' JPWtrti BP v 9h9§rs^ > 3'.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 586 3  -  By Yong Pow Ang SHAREHOLDERS of Bousteadco Singapore are likely to hear more about takeovers, now that the group has posted a 24 per cent rise in net profit for the first six months this year. Group chairman Tommy Macpherson said yesterday that Bousteadco
      586 words
    • 477 3  -  By Magdalene Ng G K GOH HOLDINGS and General Magnetics, two of this year's stock market debutants, have turned in results that are better than that forecast in their respective share offer prospectuses. Broking house G K Goh yesterdav posted group
      477 words
    • 297 3  -  By William Chia THE Malaysian Foreign Investment Committee has turned down two proposed property acquisitions by Golden Plus Holdings Bhd (formerly Dayapi Industries). Golden Plus, in a statement to the Kuala Lumpur Stock Exchange last Friday, said the FIC had rejected its proposed
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    • COMPANY BRIEFS
      • 58 3 THE Stock Exchange of Singapore has given an in-pnncipie approval to Hotel Marco Polo for the listing and quotation of its new ordinary shares to be issued under its $222.25 million rights issue. Hotel Marco Polo has proposed a five-for-four rights issue
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      • 72 3 THE Boards of both Hong Leong Finance and Singapore Finance have proposed a change in their respective Articles of Association to redefine "foreign persons" whose beneficial ownership of the issued capital of both companies is restricted to 20 per cent. "Foreign persons" is to be redefined
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      • 95 3 ARAB-MALAYSIAN Merchant Bank Bhd plans to reduce its stake in subsidiary Arab-Malaysian Finance Bhd (AMFB) to 65 per cent from 99.9 per cent through a public share issue and stock exchange listing. The plan would involve a bonus issue of 36 million new ordinary shares,
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      • 68 3 DESPITE an increased turnover, United Plantations Bhd suffered an 81 per cent fall in its interim group pre-tax profit for the six months ended June 30 to M$ 1.465 million from M 57.571 million a year before despite production being well ahead of estimates. It blamed
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      • 199 3 TAIPING CONSOLIDATED Bhd, the plantation subsidiary of Inter-Pacific Industrial Group Bhd, is to merge with Mayang Sari Sdn Bhd, which owns the Lot 10 shopping centre in Kuala Lumpur. Under the exercise, Datuk Suleiman Manan and Investma Sdn Bhd which he controls, will inject Mayang Sari into
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    • 277 3 DIVERSIFIED Chinese pharmaceutical group Eu Yan Sang Holdings yesterday announced its results for the six months ended June 30, marking a change in its financial year-end in line with its ultimate holding company, Lum Chang Holdings. Eu Yan Sang
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    • 260 3 AMBASSADOR Holdings Limited yesterday reported a small half-yearly profit, reversing the loss-making trend of the past six years. The group achieved a profit of $46,000 after tax and minority interests. The performance for the first six months contrasts with losses reported for the
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    • 423 3 Bernama SINGER (Malaysia) Sdn Bhd, a wholly-owned subsidiary of Singer Holdings (Malaysia) Bhd, is in an advanced stage of negotiations with several foreign parties to set up a joint-ven-ture company to manufacture consumer durable products, mainly for export. Singer Holdings' chief executive Datuk Vincent Tan
      Bernama  -  423 words
  • Page 3 Advertisements
    • 143 3 "Take me away from all of this." To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right now.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 69 4 NEWMONT Australia Ltd said it planned to merge with BHP Gold Mines Ltd, 56 per cent owned by Broken Hill Pty Co Ltd. Newmont Australia finance director Gary Scanlon said by telephone the company would offer one share for every two BHP Gold shares. Mr Scanlon said
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      • 89 4 BRIAN LOTON, chief executive of Australia's largest company, Broken Hill Proprietary Co Ltd (BHP), on Sunday slammed the government's high interest rate policy for retarding investment, exports and productivity. Mr Loton said during a television interview that the rise in oil prices amid the
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      • 47 4 PHILIPS China Hong Kong Group, a wholly-owned subsidiary of NV Philips Gloeilampenfabrieken, said it has won a US$l million contract to supply and install an advanced digital telephone exchange system in the Chinese port of Qingdao by the middle of next year.
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      • 47 4 JAPAN'S largest electronics firm, Hitachi Ltd, has agreed to provide China with the technology to begin manufacturing video tape recorders (VTRs), reports said in Tokyo on Saturday. Hitachi will initially transfer VTR technology to three new assembly plants in Chengdu, Nanung and Shenyang regions.
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    • 374 4 THE INDONESIAN government has been urged to enact antitrust laws to control the operations of business conglomerates and cartels, according to a report in The Jakarta Post. Noted Indonesian economist Sumitro Djojohadikusumo, said that conglomerates had tended to build up oligopolies and
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    • 399 4 MIRAMAR HOTEL and Investment has asked its Chinese partners to scrap the suspended hotel joint venture in Shanghai, according to the South China Morning Post. But managing director Mr Albert Young Bing-ching said after Miramar's annual meeting on Friday the Chinese partners
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    • 177 4 AFP NEW ZEALAND'S biggest company, Fletcher Challenge Ltd (FCL), said yesterday it had become the world's largest crude methanol producer. FCL chief executive Hugh Fletcher said the company was focusing on resources and had increased methanol production capacity and had acquired oil and gas
      AFP  -  177 words
    • 288 4 Reuter ELDERS IXL Ltd's abnormal losses are expected to blow out as high as Asl.6 billion in the year ended June 30 and overshadow an expected improvement in brewing profits, analysts said. Concern about the annual results, due for release today, has kept pressure
      Reuter  -  288 words
  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 552 5 Reuter POLLY PECK International pic, a fruit-to-electronics group, beset by rumours about its actions and its chairman Asil Nadir since its share price tumbled last week, asked the British government to launch an official inquiry into the affair. The company, which ended
      Reuter  -  552 words
    • 529 5 CRESVALE Securities, the London-based group with major operations in Hongkong and Tokyo is aiming to expand its business in Europe as well as in Asia and the US, according to a report in the South China Morning Post. The paper said the company is also extending
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    • 275 5 Reuter A SYSTEM of tax breaks aimed at luring multinational corporations to Belgium is finally bearing fruit, but the future is uncertain as the deadline for a single European market approaches, tax analysts and businessmen say. The system offers generous tax breaks
      Reuter  -  275 words
    • COMPANY BRIEFS
      • 84 5 MORTIMER B ZUCKERMAN, the New York developer, is negotiating with Sony Corp to form a venture that might develop the Coliseum site on Columbus Circle in Manhattan, several real estate executives said this week. Zuckerman, whose primary development company is Boston Properties Inc, declined to
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      • 133 5 MICHELIN, the world's number one tyre manufacturer, recorded a consolidated net loss of 363 million francs (US$6B.4 million) in the first half of the current financial year, the company said in a statement Friday. Last year Michelin turned in a 1.4 billion francs profit (U*****.1 million)
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      • 69 5 DUTCH real estate investment fund Rodamco NV, part of the large Robeco NV group, said it would stop buying back its own shares because it could not finance the transactions any more. "During the past nine months the company has bought back more than 20 per cent
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      • 70 5 THE CANADIAN Auto Workers Union said the 12,800 unionised workers at Ford Motor Co of Canada Ltd ratified a new three-year contract and began going to work yesterday, ending an eight-day strike. More than 85 per cent of the workers voted in favour of the
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      • 80 5 MOUNT Charlotte Investments pic said New Zealand's Brieriey Investments Ltd was making a mandatory 73p per share cash offer for the UK hotels group valuing it at £644 million. It said Brieriey had acquired 10.1 per cent of Mount Charlotte yesterday from the Kuwait Investment
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      • 67 5 FORMER Philippines first lady Imelda Marcos will testify with immunity from prosecution today in a federal probe Westinghouse Electric Corp's construction of a nuclear power plant, her attorney said. Theodore Greenberg, deputy chief of the US Justice Department's fraud division, told Mrs Marcos she would have immunity
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 101 6 IRAQ gave holders of Kuwaiti dinars 12 days to exchange the currency at par for Iraqi dinars. A statement by Iraq's Economic Commission said each Kuwaiti dinar worth nearly US$3.5 before Iraq's invasion of Kuwait on Aug 2 would be exchanged for one Iraqi dinar. Baghdad's
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      • 70 6 THE Hongkong Association of Banks (HKAB) said it has agreed to end a system which allows small banks to offer higher time-deposit interest rates than larger financial institutions in the colony. The HKAB said it had been asked by the government to stop the system
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      • 100 6 BRAZII has tentatively set Oct 10 to begin debt negotiations with its commercial bank creditors, the country's Minister of the Economy said. Zelia Cardoso de Mello also said that Brazil will invite several more banks to join the bank advisory committee that negotiates on behalf of
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    • 528 6 Reuter THE heady days of lavish party-giving are over for US banks; austerity has hit home. Ironically, cost consciousness, conspicuously absent when US bankers had only Third World indebtedness to worry about, is surfacing at a time when foreign debt is slipping on the
      Reuter  -  528 words
    • 312 6 Bernama MBf Finance Bhd, which is expanding its negotiable certificates of deposit (NCD) service to all its branches nationwide, has applied to Bank Negara to have the present Msloo million limit of NCDs issuance raised. MBf Finance's chief operating officer Haji Hezan Shah
      Bernama  -  312 words
    • 217 6 AFP CHASE Manhattan's halfowned Chase AMP Bank Ltd said on Sunday it would report another annual loss this year because of corporate collapses and Australia's economic slump. The bank, half-owned by Australia's largest insurance company the AMP Society, said in a statement it had
      AFP  -  217 words
    • 258 6 Reuter ELEVEN major Japanese banks have joined an US$B2 million syndicated loan to finance a television tube manufacturing project in China. Banking sources said it was the biggest Japanese participation in a loan since the military crackdown in Beijing in June last
      Reuter  -  258 words
  • Page 6 Advertisements
    • 976 6 G.K. GOH HOLDINGS LIMITED (Incorporated in Singapore) HOLDINGS Announcement The directors of G.K. Goh Holdings Limited (the "Company") are pleased to announce the preliminary audited results of the Company and the Group for the financial period ended 30 June 1990 which are stated below: Final Results Company Group Proforma Group
      976 words
    • 120 6 THE COMPUTER-BASED SERVICE FOR Fundamental Analysis FUNDAMATIC 11, a powerful module from the Investamatic suite of programs, offers essential fundamental data on all stocks listed on the SES and KLSE. More than 5 years of Historical Earnings, Profit Loss, Balance Sheet, Dividend, Capital Change etc. Financial Ratios, Ranking by Equity
      120 words
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  • Page 6 Miscellaneous

  • THE REGION
    • 374 7 THAILAND will lodge a protest with the General Agreement on Tariffs and Trade against the US decision to list the country as a target for trade retaliation in order to force Thailand to open the local cigarette market according to the
      374 words
    • 286 7 BUSINESSMEN have urged Jakarta to revise the May 1990 deregulation policy on the imports of electronic components because the measure might force many electronics plants into bankruptcy, according to a report in The Jakarta Post. B Ichsani, chairman of the Indonesian Electronics Industry
      286 words
    • 282 7 AP MILITANT UNIONS in the Philippines launched a general strike yesterday to protest fuel price increases despite President Corazon Aquino's appeal for labour peace in the face of growing economic and political problems. On the eve of the strike, bombs
      AP  -  282 words
    • 588 7 THE planned calling of tenders for a new oil refinery in Thailand will give bidders freedom to choose locations for their projects. According to a report in the Bangkok Post, this freedom for the bidders was sought for by the Thai Prime Minister's
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    • NOTE BOOK
      • 78 7 BALI IS ALL SET to host the Pacific Asia Travel Association (Pata) conference and Pata Chapter World Congress next April. About 2,000 participants were expected for the conference and some 500 delegates would be involved in the congress from April 6 to 16, the
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      • 102 7 SARAWAK'S trade surplus narrowed to M 52,093 million in the first half of this year, down Msl3l million, or 6 per cent, from the surplus achieved in the same period last year, according to the latest figures released by the Statistics Department in Kuching. Imports grew
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      • 85 7 VIETNAM'S Supreme Court will try a group of 38 people who allegedly tried to infiltrate Vietnam through Laos to overthrow the government. Radio Hanoi said Tran Quang Do and his accomplices will face a four-day trial starting today in Hanoi on charges of "betraying
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      • 116 7 A DELEGATION of Vietnamese government officials and academics is on a week-long visit to seek South Korean investment. The nine-member delegation, led by Central Economic Bureau senior economist Tran Due Nguyen, arrived in Seoul on Sunday at the invitation of Seoul's Yonsei University, a Foreign Ministry
        116 words
      • 131 7 MALAYSIAN Primary Industry Minister Datuk Sen Dr Lim Keng Yaik yesterday appealed to Sabah and Sarawak to support the federal government's efforts to curb the export of logs to ensure the availability of raw materials for downstream activities. In making the call, he said Malaysia was
        131 words
  • Page 7 Advertisements
    • 58 7 T "i-v Autumn flexes its wings, but autumn incomplete without Nadaman. Japanese Restaurant Not to be missed arc seasonal specialties like mackerel simmerid in soya bean paste, 9^ A p—n A IV >1 AN. I fried ginko nuts and clear broth with matsutake mushrooms and seafood served in claypot. I
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  • THE WORLD 1
    • WORLD WATCH
      • 85 8 FEDERAL RESERVE governor Martha Seger said the US economy is in a recession and reiterated her call for the central bank to reduce interest rates. "I think we are in a recession,'* Ms Seger told a reception held by Continental Bank Corp. She said the
        85 words
      • 65 8 FINANCIAL HELP to countries whose economies have been badly hit by the Gulf crisis should not be allowed to get in the way of economic reform programmes, World Bank President Barber Conable said. "If aid is not coordinated the impact could be to undercut the will
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      • 49 8 ROMANIA said it sought a US$3OO-US$5OO million standby credit from the International Monetary Fund (IMF) and like other East European reformers wanted a billion-dollar international stabilisation fund. Finance Minister Theodor Stolojan said Romania wanted both financial and technical aid from the IMF and World Bank.
        49 words
    • 361 8 Reuter DYNAMIC domestic demand in Germany is opening up export opportunities for other countries, supporting world economic growth and leading to better equilibrium in international current account balances, West German Finance Minister Theo Waigel said. Domestic demand, growing at more than 4.5 per cent, has
      Reuter  -  361 words
    • 431 8 AP PLEDGES of new foreign investment in China rose slightly in July for the third straight month, but this year's pace remained well behind that of even turbulent 1989, an official report said on Sunday. The state-run China Daily's Business Weekly said the
      AP  -  431 words
    • 681 8 NYT THE credit squeeze in the US, seen earlier this summer as a nettlesome but not serious problem, may be intensifying, some private analysts say. A slowdown in lending and borrowing, in conjunction with an overall deceleration in economic activity, could make
      NYT  -  681 words
    • 421 9 Reuter AS THE military buildup in the Gulf dashes hopes of a "peace dividend", industrial nations are worried that a shortage of capital poses just as big a threat to the world economy as a shortage of oil. Finance ministers from major industrial
      Reuter  -  421 words
    • 207 9 Reuter SAUDI ARABIAN Finance Minister Sheikh Mohammad Abalkhail views the latest oil price rise as overdone, according to German Finance Minister Theo Waigel. Speaking after Sunday's meetings of the International Monetary Fund, Mr Waigel said that the Saudi minister had briefed
      Reuter  -  207 words
    • 345 9 Reuter DIVISIONS among developing nations over how best to channel extra aid requested to offset the economic impact of the Gulf crisis may weaken their bargaining position at global finance talks this week. Third World officials say that talks among the Group
      Reuter  -  345 words
    • 455 9 IMF/World Bank meetings Reuter JAPAN'S Finance Minister Ryutaro Hashimoto proposed on Sunday an overhaul of the world monetary system to bring more order to volatile currency markets. In an address to the interim committee meeting of the International Monetary Fund (IMF), Mr Hashimoto
      Reuter  -  455 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 217 9 HOTEL MERIDIEN Soft winds and tropical blossoms make business a breeze. With its lush tropical flora, beautiful But all work and no play make Jacques a verdant views and soft, enchanting breezes, very dull boy. So you'll find a charming bar, business becomes more of a pleasure at Le a
      217 words

  • 512 10 EDITORIAL HOW QUICKLY circumstances change. It was only last December that Singapore made international providing sleeping bags at the airport for tourists who could not find a room in local hotels. Who could then imagine that the same hotels would be talking about falling occupancies and
    512 words
  • WHAT THE OTHERS SAY
    • 233 10 A SLOGAN the Vietnamese were fond of using around the time of war, first against the French and then against the Americans, was that Beijing and Hanoi were "as close as lips to teeth". That turned out to be an unfortunate metaphor because, not too many
      233 words
    • 136 10 THE THREAT by black nationalist leader Nelson Mandela to pull out of peace talks with the South African government must be taken seriously. These talks are the only hope for peace. President F W de Klerk has put his political future at stake on this and
      136 words
    • 117 10 THE IMMINENT establishment of Soviet-South Korean ties is an illustration of President Gorbachev's new diplomacy in Asia, and signals a fundamental change in the relationships of countries in the region. In spite of Pyongyang's threat that this may well nullify the Soviet-North Korean Alliance Treaty, the fact
      117 words
  • REGIONAL VIEWPOINTS
    • 162 10 IT CERTAINLY is an unexpected development that the current Gulf crisis has forced Japan not only to redefine its role in global politics, but also to ponder the question of its identity an agonising exercise that it is reluctant to perform. Japan never expected that this time,
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    • 137 10 THE GULF CRISIS has exposed Japan's weakness in international diplomacy and lack of sensitivity in problems affecting other countries. With one-fourth of the Group of Seven's output and its economy relying heavily on imported crude oil 70 per cent of which comes from the Middle East
      137 words
    • 183 10 GREAT SPORTS EVENTS like the Asian Games are conceived in friendship and aim at fraternity. This makes it very important that responsible officials ensure they stay this way. The decision to remove Iraq from the list of participating nations of the Games was the only rational decision
      183 words
  • 891 10  -  The United States and Japan used to enjoy an amiable teacher-pupil relationship. But class is over, says Kan Ito Kan Ito The writer, a foreign policy consultant in Washington for the Liberal Democratic Party, contributed this comment to the International Herald Tribune THE US-Japan relationship
    891 words
  • Page 10 Advertisements
    • 149 10 AIL W^ vw Photography P. 6.5.. GHENT, FLANDERS. Marvel at them. But also take the time to I I II I I II discover other facets of Flanders. Like our development of "Transgenic 1 1 J d Plants". We implant bacterial genes that produce I |1 proteins lethal to caterpillars.
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  • Page 10 Miscellaneous
    • 27 10 DOONESBURY BY GARRY TRUDEAU mioeo, m scorpion < FfioM SNAK3! *XJCAIITHAT \^A^S^m WWBZI KXJBeim A HGHT7 I I DO*- KNOU *>U\ IWXXJ BAPPeSTOF YOUWE&m! WMAN! A&YOtS'^ 4' t
      27 words

  • ANALYSIS
    • 2158 11 Discouraged by a shrinking market, tightening regulations and soaring inflation, Taiwanese businessmen are moving their billions overseas IN THE LOBBY of an opulent Taipei hotel, music from the piano bar is muffled by the splash of fountains and waterfalls. Armani-suited executives converse quietly in Mandarin. Through
      2,158 words
    • 722 11  -  To the government of South Australia, the selection of Adelaide for a hi-tech city project is a chance to transform the state capital to rival Sydney, report Kevin Brown and Robert Thomson Kevin Brown, Robert Thomson FT TO MOST Australians, Adelaide is
      FT  -  722 words
  • Page 11 Advertisements
    • 73 11 77ms announcement appears as a matter of record only 1 PROBO PACIFIC PTE LTD I BANK-GUARANTEED PRIME-RATE BASED I SYNDICATED TERM FACILITY I OF I *****,000,000 I Arranger I Wardley Limited I Guarantors I Skandinaviska Enskilda Banken, Singapore Branch I Svenska Handelsbanken Asia Limited I Kansallis-Osake-Pankki, Singapore Branch I Lenders
      73 words

  • INNOVATION & TECHNOLOGY
    • 649 12 Steven Jobs' Next Inc now has a good shot at becoming profitable with the Four new computers that it introduced last week. NYT STEVEN JOBS returned to the stage in San Francisco's symphony hall last Tuesday, hoping to rekindle the sense of anticipation his computer
      NYT  -  649 words
    • 370 12  -  Prime Computer, a US-based supplier of integrated system solutions, is now back with a vengeance, reports Claire Leow Claire Leow Having fought off a hostile bid from MAI Basic Four Inc (MBF) last year, Prime Computer is now back with a vengeance,
      370 words
    • 491 12 NYT THE United States has moved closer to approving a broad piece of patent legislation dealing with advances in technology. The Bill is intended to clarify such questions as where a patent should be issued for inventions in outer space or
      NYT  -  491 words
    • 500 12  -  IT MATTERS Microsoft, which can virtually claim ownership rights to operating systems for PCs, has new challengers. Kenneth James reports. Kenneth James SOFTWARE colossus Microsoft's dominance of personal computer (PC) operating systems is unquestioned. Last week, though, two challengers flexed good-looking muscles in
      500 words
    • 137 12 PRIME COMPUTER has won a $7.1 million order from the Housing and Development Board's building design and development division. This was revealed by Michael H Forster, president and general manager of Prime's International Business Unit, who was in Singapore yesterday. Mr Forster says the contract underscores Prime's
      137 words
  • Page 12 Advertisements
    • 83 12 LI IS PLEASED TO ANNOUNCE |fc|f| R ll THE OPENING OF ***** 1 1| ITS NEWEST OFFICE llllp I|| at 16 Rue de Contamines, 111 ftp ISi Geneva, Switzerland. |!PJ|| h For Information. Please Contact Carlo Cammelli. 8 R IVL 1 Senior Vice President and General Manager. ft b■£ R
      83 words
    • 149 12 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With just a couple of keystrokes, they can specify the transmission time to send their messages to
      149 words

  • Page 13 Advertisements
    • 370 13 CURRENCY, MONEY FUTURES MARKETS m m- -m *m -m m INTEREST RATE OPTIONS Market takes a beating from Star Way e d CURRENCY FUTURES OPTIONS j Cross rates Interbank rates a V «> Broker rates US$/S$ forward rates 4 O I y Cross rates Interbank rates 2 O" N 4
      370 words

  • FOCUS
    • 1394 14  -  In the past year, the name Mitsubishi has appeared on more major international deals than that of any other Japanese group. Robert Neff and William J Holstein of Business Week report on the giant's aggressive push to build an international empire. Robert Neff,William J Holstein PERCHED
      Source: Business Week  -  1,394 words
  • Page 14 Advertisements
    • 296 14 EAST MEETS EAST: SMGAPORE PRESENTS BUSINESS OPPORTUMTES M THE USSR AND EASTERN EUROPE ind out all about them at The USSR Alexandre Semikoz, deputy chairman and and Eastern Europe Challenge: general manager of Moscow Narodny Bank a conference to be held in Singapore, A I on USSR. banks have a
      296 words

  • Page 15 Advertisements
    • 204 15 OUR DEALERS CAN MAKE FAT MARGINS ON EVERY TRANSACTION. ■■■^■F!Ml^^VI BL w fl Ji I B^Apff fcj -pvy j« Our dealers live to the beat of the US exchanges. Every tremor Services offered through close cooperation with Singapore Telecom. XJ U 1 UJN L* I there can mean big bucks.
      204 words

  • Page 16 Advertisements
    • 141 16 WHERE TO WINE, DINE AND ENTERTAIN...WHERE TO WINE, DINE AND ENTERTAIN.. .WHERE TO WINE, DINE... Some of our best advertising is by wordof-mouth. wu/0^ For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****100r 338 8585ext *****/6. BUM GRILL Westin
      141 words
    • 419 16 HWT REG9JCY SNQAPORE PROUDLY PRESENTS The Best of the RARRON KNIGHTS THE VERY SUCCESSFUL INTERNATIONAL COMEDY ACT MONDAY, 1 OCTOBER 1990 TUESDAY, 2 OCTOBER 1990 at the Crystal Ballroom, 2nd floor DINNER AND SHOW $66.00 NETT PER PERSON CONCERT $30.00 NETT PER PERSON (LIMITED SEATS ONLY) Pre-dinner cocktails 7.30 pmo
      419 words
    • 308 16 Everything's fresh about v&yyj a month's renovations, "V all set to serve wu even Count oo our "new" variety of Cantonese-Thai mfenu, fine service, cosy ambience and new vahie-for-y] money set menus. It's worth a taste! Enjoy 25% off weekend lunch carte orders. r6 J?Sl S a-, SMKX»THO»TK Lp ono«
      308 words
    • 402 16 I I J PERFORMED DAILY AT I I A THE PINE COURT j MM Amidst Imperial splendour, our chefe pv I jflfß stage their highly-acclaimed performance I J f/ 'mt (I legendary Belong cuHine to the satis- hw I $f I I taction of demanding diners.To guarantee I I 7
      402 words
  • Page 16 Miscellaneous
    • 590 16 TELEVISION AND RADIO m 'ffg'r""'"? asks Darlene to recite her po 5.30 jpidarWayM (Cartoon). BUSINESS (M HAPIO More tnte teles rc Sn ivimc uiic uuca »i gm?a;JS g 2E eHSL.^ 8-00 If a Year M«m (L). 7Jt **<*"* hayar CajL 5.15 m: Business Matters ■BAiiiiMHi (Women L) 9.00 Newt at
      590 words

  • LIFESTYLE
    • 819 17  -  Liam Neeson tells Bob Thomas about the long journey he's travelled from theatre in Ireland to his first starring role in Hollywood Bob Thomas AP AS A BOY growing up in Ireland, Liam Neeson loved to be scared by Hollywood horror movies. Now he can do some
      AP  -  819 words
    • 653 17 AP BEFORE Osamu Tezuka came along, a lot of people in Japan thought comic books were poison for the brain. But the king of Japanese comics won them over, and through his success laid the foundations for a multibillion dollar industry
      AP  -  653 words
    • 545 17 IHASfigBQXE JOAN COLLINS returned to the London theatre last week in Nod Coward 1 Private Lives, only to leave the audience and the critics raving about a supporting performer, Sara Crowe. "A star is born and steals the show from Joan Collins," The
      545 words
  • Page 17 Advertisements
    • 217 17 AND ENTERTAIN Yamagata Beef. The Exquisite Taste Of Japan. k LUNCH U NOON TO 2.15 PM «NNE*. «jgpm to £i icuPM. SPCC2AL TEPfK^NYAJU PHfIJH HA SET LUNCH SSOfIOre* person Now you can enjoy one of the worlds finest beef at the Yamagata Beef Promotion in Unkai Japanese Restaurant. Only from
      217 words
    • 111 17 Tnnil/ A Restaurant and I Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Hours c Karaoke Hours Mondays to Saturdays Dotty 1130 am to 230pm 7.00pm to 2.00 am Dinner. r Mondays
      111 words

  • SPORTS
    • 714 18 AFP AUSTRALIA, impressive 5-0 semi-final winners against Argentina in Sydney, have to wait to know who and where they will play their 42nd Davis Cup final from Nov 30 to Dec 2. For while the Australians raced through their showdown against the South Americans without losing
      AFP  -  714 words
    • SIDE LINES
      • 131 18 JIM DENT, six shots off the lead when the final round began, shot a 7-under-par 65 on Sunday and won the Crestar PGA Senior Golf Classic in Richmond, Virginia by a stroke over Lee Trevino. Dent's 14-under-par 202 total tied the 54-hole tournament record set
        131 words
      • 123 18 JEAN-LOUIS Schlesser and co-driver Mauro Baldi jointly clinched the world sportscar drivers' title in Montreal in a victory overshadowed by a multiple crash which halted the eighth round of the championship on Sunday. Spanish driver Jesus Pareja was lucky to escape with only slight burns when a
        123 words
      • 64 18 NOLAN HENKE, who failed to make the cut in five of his eight tournaments, scored his first PGA victory on Sunday when he triumphed in the US$7OO,OOO BC Open at Endicott, New York. A final round three-under 68 left Henke on 268 three strokes clear of nearest rival
        64 words
      • 137 18 BEN JOHNSON'S decision against rushing back from a two-year suspension for drug use has been praised by track's governing body. But don't get any ideas about racing one-on-one with Carl Lewis for millions of dollars, the federation warned Johnson on Sunday. That kind of match race could get
        137 words
      • 82 18 DEFENDING champion Nancy Lopez beat fellow-American Cathy Gerring after the first hole of a sudden-death play-off to capture the U*****,000 MBS classic on Sunday. Both players finished level seven-under on 281 after four rounds on the 6,351-yard, par-72 Los Coyotes Country Club course at Buena Park, California.
        82 words
      • 68 18 THE United States won six of 10 singles matches on Sunday and defeated Europe 19-7 at the 15th PGA Cup at Kiawah Island, South Carolina. The Americans entered singles play with a commanding 13-3 advantage and needed only one victory on Sunday to capture
        68 words
    • 766 18  -  Paul Ramani talks to a company director and avid golfer who has some strong views about the game in Singapore Paul Ramani DEREK Mackenzie is a person who is able to mix business with pleasure. As director of Design Phase, an interior designing company, Derek's job is
      766 words
    • 432 18 AP IN LAST YEAR'S Portuguese Grand Prix, Nigel Mansell didn't see black, and lost. This year, Mansell saw red, and won with his fire-en-gine-red Ferrari. The British driver took a shortened version of the Portuguese race this year after stewards stopped the race with nine
      AP  -  432 words
  • Page 18 Advertisements

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4433 19  -  By Quak Hiang Whai WORRIES OVER the Gulf crisis, higher oil prices and prospects of an economic recession continued to affect the Singapore stock market as it fell moderately yesterday on very thin trade. Dealers said sentiments remained bearish as both retail and
      4,433 words

  • 3960 20 Main Board CAC 346 +12 +3.6% Asia Pacific 790 +10 +1.3% C Properties 605 +10 +1.7% H Royal 190 +10 +5.6% 1 Causeway Loan 80 +5 +6.7% I U1C 116 +3 +2.7% RDC 280 +1 +0.4% S Aerospace 50* 168 +1 +0.6% Hotel Prop 130
    3,960 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3649 21 Bernama, Reuter INCREASED nervousness over the Gulf situation drove share prices on the Kuala Lumpur sharply lower yesterday, with the market barometers, the KLSE Composite and Industrial indices both sinking below psychologically important barriers to new 1990 lows. The Composite Index nosedived below the
      Bernama,; Reuter  -  3,649 words
  • Page 21 Advertisements
    • 751 21 INTERIM STATEMENT 1990 The Board of Directors of Bousteadco Singapore Limited are pleased to announce the unaudited results for the six months ended 30 June 1990. Group Company Half year ended Increase Half year ended 30 June (decrease) 30 June 1990 1989 1990 1989 $'000 $'000 $'000 $'000 Turnover 61.479
      751 words

  • BT SHARE INFORMATION SERVICE
    • 119 22 C—fy Date Ymt GrtHip H«t Itet urvtags Crass aaa te praftt/loss (L) pmr skara dhridaad COM) (cants) betan Sep 21 Mar 90 $21,342k($11.728) 48 5(39 1) 14(10) j Oment S«p 10 Mar 90 $1,771 ($1.0191) 5.0(—) 2.5(0.5) to Mm Sep 8 Mar 90 M$4.1261 ($2.5641) Set Dredg Sep
      119 words
    • 624 22 Singapore Stacks Last Frii Ymt m Cam) toted Date Tear Net EPS free* M ■mod mN (carta) pn« last r«* (TOOO) Ltam IM Meruit Mar 30 Dec 89 5351(h) fee* Mi Interim Aug 11 Mar 91 4.0 2.1 3.471(0 GuMe GTS Interim Au| 31 Dec 90 0.5 666
      624 words
    • 202 22 C—May Data Yaar tr««p pn-tax Nat aarategs Grow mm to profit/l««s (L) par shara dhrMaad ('000) (carts) Rotmson Sep 21 Jun 90 $14,714($9,368) 21.7(155) 12(10) Boustead Sep 20 Jun 90 M$52,503($60,108) 10.7(12.5) 15(15) Pan Pacific Sap 20 Jun 90 $2,267(11.720) 4.7(4.8) 3.5(3) UAC Sep 17 Jun 90 M$20,781
      202 words
    • 168 22 Cwiwy Date ItoH-yw Group pea-tax l^ i am to profit/low (L) dlvWaad ('000) Fuji Ottset Sep 21 Jun 90 $1.510($1.699) Superior Metal Sep 21 Jun 90 $1,210($2,314) Datry Farm Sep 20 Jun 90 US$78,600($68,300) 42(3b) High Low Jun 90 Jun 90 M$19.525 ($35,418) 10(15) N0L Sep 20 Jun
      168 words
    • 656 22 BONDS, LOANS WARRANTS i CmnhiisM CMMhilnfef CICW Before 26/4/93 1 wvrant plus $3.09 cart C—inij L— I Canmny M 2/10/89 to 20/10/9* Pinmnt pto SI cask or~Twarrant pis T SI nommal anmmt of low stock. 0—ta>Itotoe a— Hp W My* 87 to 31/12/91 1.55 wvrants pin Sl-55 cart. j Qm
      656 words
    • 115 22 Sep 24 Stocktaking firm Kay Hbn James Capet made a public offer of 83.18 m shares at 75 cents apece. Weame Brothers' subsidiary Rank O'Connor's Singapore Pte Ltd formed a 80-20 joint-venture company, O'Connor's Fashion Singapore, with Pan Communications Pte Ltd to venture into fashion sportswear. Sep 21
      115 words
    • 459 22 Company Rights tot MeW Oiy|M One-for-one M$080 per share Rights ssue of 11.00 nomnal amount of 5% Redeemable Unsecured Loan Stock 1990/1995 wth one Transferable Subscnptor nghts tor every two eustmg shares held. Ei-date Au| 23 Books dose Sep 6 Acceptance I Payment: Oct 19 Mm No Five-tor
      459 words
    • 1045 22 Cwrwt Ex Bocks Date Total for Total for paywaat data cfosa payaMa tba yaac last year Nu Hdp 6% Am 28 Sep 7 Sep 26 6% 6% MOB 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) Mm
      1,045 words
    • 139 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 Nffc 1435.43 (16/7/90) 1998 M* 1607.12 (27/3/90) 1990 Imr 1062.65 (24/9/90) UN lmr *****9 (23/8/90) 1919 M0t 1322.00 (28/12/89) 1989 M* 1487.76 (26/12/89) 1919 kmr. 917.42 (4/1/89) 1989 Imr 1030.69 (4/1/89) 1911 Ntfc 1043.86 (8/8/88) 1988 Nek 1177.87 (8/8/88) 1988
      139 words
    • 490 22 Company Rights Issue Ncm On* tor two MJ100 per share Issue of 40m Cumulative Redeemable Preference Shares ot MSO 10 each at M$1 per share with 10m detachable TSR BaMon One-tor tow 00 per share CaaMwiy kw Caprtal reduction scheme to reduce par value of shares from $100
      490 words
  • Page 22 Advertisements
    • 89 22 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS j: Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words

  • 1640 23 The Tokyo market was closed yesterday for a national holiday Vol Sep 21 Yen H W> Lo* CWO) Ajinomoto 1550 10 1570 1520 738 Altai 602 +2 All Nippon Airoays 1290 30 1330 1270 1046 Asahi Breweries 1240 10 1240 1200 415 Asahi Chem Industry 722 14
    1,640 words
  • STOCK EXCHANGE OF HONGKONG
    • 2294 23 HONGKONG stocks tumbled more than 70 points in dull trade on renewed fears of a war breaking out in the Middle East, brokers said. "There's been so much gloom and doom in the papers, you'd think the market would've discounted for most of it
      2,294 words
  • Page 23 Advertisements

  • REGIONAL STOCK MARKETS
    • Australian stocks dive to 28-month low
      • 361 24 Sep 21 latex la local %day LHICBCy year change la S$ day year change change la USS day year World 350.6 0.1 -24.6 -0.1 -26.9 -0.2 -21.5 *EAFE 469.0 -0.2 -31.1 -0.2 -31.4 -0.4 -26.3 Europe 364.5 -0.8 -19.1 -0.8 -16.3 -0.9 -10.1 Pacific 780.0
        361 words
      • 992 24 AUSTRALIA'S sharemarket plummeted another 15.5 points yesterday to a 28month low due to continuing investor disinterest and brokers were increasingly nervous as the important 1400 point support level was approached. "This is really quite scary when you look at the market as a whole and realise there's nothing to
        992 words
      • 665 24 THAI stocks edged up six points on a technical rebound after nine successive days of declines. The market also was buoyed by purchases on the blue chip counter. Brokers said it was not clear whether the upward movement could be maintained, but stressed the psychological importance of reversing last
        665 words
      • 734 24 SEOUL stocks rose in thin trading yesterday as intervention by the market stabilisation fund helped prop up the index, brokers said. The composite index closed at 587.39, up 2.45 points from Saturday. Turnover was 76.1 billion compared with 54.1 billion won on Saturday's half-day trading. Seoul Won 000) A
        734 words
      • 425 24 TAIWAN stocks closed at a 32-month low with the slimmest turnover for 21 months on investor worries about higher oil prices and a rumour that a major local trust company was in financial dif- ficulty, dealers said. The weighted index fell 191.17 points, or 6.38 per cent, to finish
        425 words
      • 578 24 TURNOVER on the Jakarta stock ex change dropped to 1.94 million shares from Friday's 3.33 million and the composite index fell further to 493.94 from the officially revised 500.30. Cigarette producer Gudang Garam dominated the regular market at 302,000 shares, closing unchanged at 8,450 rupiah. Bank Duta ranked second
        578 words
      • 493 24 PHILIPPINE share prices fell to three-; year lows on fears of violence during a; strike by leftist workers and publio transport drivers following a rise in locaT oil prices, brokers said. The Manila Stock Exchange composite index dropped three per cent, or 20.55 points, to close at 605.71, the
        493 words
      • 52 24 Reuter THE Bombay Stock Exchange wai closed yesterday because of heavy raid and flooding in India's commercial capital, exchange officials said. The exr change is scheduled to re-open today, they said. The Bombay Stock Exchange index rose 57.30 points to 1,389.03 on Friday. The national index rose 14.56 U)
        Reuter  -  52 words
      • 228 24 Wellington NZ Cents VolfOO) Air NZ 160 -2 109 ANZ Banking 550 5 20? Anzon 25 unch Bank Of NZ 77 1 58® Baycorp Hold 7 unch Brieriy Inv 142 1 ***** Capital Mkts 84+1 61 Carter Holt 235 unch 4063 Carter Opts 27 unch 60 Cavalier Corp 157 +5
        228 words
      • 89 24 INDICES TURNOVER ClOM Pievloas Sep 24 SYDNEY All Ordinaries Index 1413.9 1428.0 -14.1 All Industrials Index 2087.7 2108.7 -21 All Resources Index 886.5 895.3 -8.8 Turnover (million) 47.82 60.37 -12.55 BANGKOK SET Index 644.01 637.95 +6.06 Turnover (nearest *000) NA 7,875 JAKARTA Composite Index 493.94 500.30 -6.36 Turnover (nearest *000)
        89 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 705 25  -  THE SAN^Kj^NC[L e* David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs,
      Charts by TeleTrac  -  705 words
    • 389 25 Cross rates Sep 24 I USS SS MS Dm Yen SFr AS NZ$ US$ 1.7680 2.7010 1.5775 136.05 0.5407 1.3175 1.2048 1.6142 SS 0.5656 1.5277 0.8923 0.7695 0.3058 0.7452 0.6815 0.9130 MS 0.3702 65.46 0.5840 0.5037 0.2002 0.4878 0.4461 0.5976 Dm 0.6339 1.1208 1.7122 86.24 0.3427 0.8352
      389 words
    • 559 25 Interbank rates S$ Bid Offer Overnight 5 1/2 5 3/4 1-month 6 7/16 6 9/16 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 Overnight mode. 6-3/8 L'SS Bid Offer 7 days 8 9/16 8 11/16 1 month 8 1/4 8 3/8 2 months 8 3/16 8
      559 words
    • 488 25 REPORTS STERLING yesterday firmed about two pfennigs against the deutschemark and more than a cent against the US dollar on news that Britain's current account deficit narrowed to £1.13 billion in August from a revised £1.68 billion in July. However currency dealers said
      488 words
    • 1221 25 SIMEX Open High Low Sett Est Vol Op/lnt Vol Dec 90 91.83 91.85 91.82 91.83 5300 ***** ***** Mar 91 91.88 91.88 91.85 91.86 1200 8103 4283 Jun 91 91.74 91.74 91.72 91.74 200 2100 1192 Sep 91 91.32 91.53 91.52 91.53 10 651 430 Dec 91 9I.28A
      1,221 words

  • COMMODITIES
    • 411 26 MBT THE effect of the Gulf crisis on prices of Malaysian commodities apart from petroleum has surprisingly been minimal. In fact, the crisis appears to have no influence at all on the cocoa and tin markets. Wars have always been associated with rocketing prices
      MBT  -  411 words
    • 296 26 AFP A MASSIVE increase in rice production is needed over the next 30 years to avert potential famine, the International Rice Research Institute (IRRI) said in an annual report. The spread of urban centres, lack of new technological breakthroughs on crop
      AFP  -  296 words
    • 834 26 REPORTS TIN PRICE continued its gentle uptrend on the Kuala Lumpur Tin Market to finish 12 sen higher at M$ 15.50 per kg on scattered buying interest from Europe and Japan. The day's turnover, however, dropped to 80 tonnes from 88 tonnes last week.
      834 words
    • 1326 26 Rubber Sep 24 S cents/kg Noon Owe Int 1 RSS Prompt 154.25/155.25N 154.7V155.75N Inl I RSS Oct 90 154.7VI55.25 155.2VI55.75N Int I RSS Nov 155.50/156.00 156.00/156.50N Int 2 RSS OP 150.00/152.00N 150.00/152.00N Int 3 RSS OP I45.50/147.50N 145.50/147.50N Int 4 RSS OP 141.50/143 50N 14I.50/I43.50N Int 5 RSS OP
      1,326 words
  • Page 26 Advertisements
    • 1060 26 NOTICES HAI SUN HUP GROUP LTD (Incorporated in ot Singapore) LOST SHARE CERTIFICATES Ncwoa heratoy flixwi t»l»» Mowing corflticales hawe been reported lost. nwl»d or destroyed CtrNcMNw InMteMwweoJ No.o»S»»r»« H*****49 May bar Nominees (S) Pte Ud Ixl.ooo H*****01 D G Nominees P» LM Ixl.ooo Noftce *o hereby gwen trvat replacement
      1,060 words
    • 15 26 Read Chartpoint, a guide Co investing in the stock market. Every Saturday in Business Times.
      15 words

  • 1020 27 caty Fight ETA FNdrt ETD Oty FHgM ETA Wgt ETD •te BkaU GA893 1045 GA892 0010 MH630 0930 MM DtuM laAByj ook) SQ103 0950 MH604 0700 GA974 2359 MH605 1020 SQ104 0830 SQ105 1050 MH670 0950 SQ107 1305 SQ106 1045 ktMM SQ226 2035 QF82 2200 SQ109
    1,020 words
  • THE TRAVEL PAGE
    • 662 27  -  LETTER FROM RIO DE JANEIRO By Michael Stott Residents used to describe Rio de Janeiro as "The Marvellous City" because of its unique combination of breathtaking natural beauty and sophisticated devotion to pleasure. But Brazil's biggest city has slipped almost into oblivion. Citizens say
      662 words
    • 152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.460 1.480 Canadian dollar 1.519 1.539 NZ dollar 1.085 1.113 Sterling pound 3.260 3.290 US dollar 1.7625 1.7725 Local dollars to 100 raits of foreign currency Austrian schilling 15.80 16.80
      152 words
    • 70 27 Duration Title Venue Otjaniaer Tej Sep 24-30 International Bulgaria Fotre 1/*****146 Technical Fair Internationale De Plovdiv Sep 25-29 International Austria Werner Messen 222/*****4 Trade Fair for Und Congress Production A G.m.b.H Finishing Techniques Duration Title Venue Orpaif Tfrl Sep 25-30 International Spain Fena Muest- 6/*****00 Furniture Fair
      70 words
  • Page 27 Advertisements
    • 56 27 S ~T~ U ,us ncs l P^ rs,,n thoia- mr\ hioilj\. I J g I m I lhurHl.n.Saturilj\ .iinlSunil.iv. I c.i\ini;( hanp t I 1 W I \irport it hours ,iml irrixinj; .it I i>>;.in ■J S JL -J A lntirn.itinn.il \irport the following Jj*. A MI:K \i II (»i
      56 words
    • 52 27 jn^^R i iyfl I Jr^ Si Jf/'JBI -a Tracy Gao It's in the eyes of ihe beholder... ...Or in the opinion of viewers, when they take part in SBC's Star Search. Go right into our centrespreads today and tomorrow for the help you might need to pick the winner from
      52 words
  • Page 27 Miscellaneous
    • 313 27 6 Where one should yawn when late (6-4) r 8 A few like this with me (4) LmJ U bBB" HB 9 Boy shortly returned with energy and a twitch, suffering from indigestion (9) 1 Scope for ducks in the Ma- 12 The first person to perform in an international
      313 words
    • 209 27 Singapore Outlook: Showers over several areas in the morning. Report Max temp 31.6 assoc humidity 65% min temp. 22.7* c assoc humidity 98% hrs of sunshine 7.10 rainfall in mm 47.2 rainfall this mth 163.6 rainy days this mth 13 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/08 Fair Bangkok 34/26
      209 words
    • 13 27 RHSJJfJSnWWWWI I'r* \u for some Pe*OPS OF C EVtMMOITAMOAJW CO. LTO. IMI-UM |M>
      13 words

  • 452 28 Reuter AN INTERNATIONAL financial services company gave a gloomy economic outlook for the Philippines as communist guerrillas scrapped a ceasefire with President Corazon Aquino's government, and right-wing army rebels gave another warning that they would overthrow her administration. International financial services
    Reuter  -  452 words
  • 229 28 Reuter RUPERT MURDOCH'S global media and entertainment group News Corp has threatened to shift its headquarters outside Australia if it is not allowed to change its share structure, newspaper reports said yesterday. The reports sent shares in News Corp tumbling 60 cents to A
    Reuter  -  229 words
  • 564 28  -  Economic reforms will boost Singapore-Soviet trade By Chuang Peck Ming in Moscow A SOVIET UNION that has made the adjustments to fit into the free market economies will, because of its enormous size, make a big impact on the Pacific Basin economies, Prime Minister
    564 words
  • 220 28 Reuter THE GOVERNMENT of Prime Minister Margaret Thatcher, which takes credit for working an economic miracle in the 1980s, on Monday rejected claims by industry and opposition politicians that Britain was sliding into recession. Chancellor of the Exchequer John Major, who has
    Reuter  -  220 words
  • 758 28 The Bottom Line THE CRISIS in the Middle East will be a severe test for the countries of Asean which are aspiring to be in the club of the Newly Industrialising Economies (NIEs) before the century is over. In the *****, the four 'tiger' economies
    758 words
  • 188 28 Reuter PRESIDENT Mikhail Gorbachev, in a last-ditch bid to avert a political crisis, won support from the Soviet parliament yesterday for a fresh postponement of a decision on how to proceed to a market economy. After an impassioned speech from Mr Gorbachev, deputies to the parliament,
    Reuter  -  188 words
  • Page 28 Advertisements
    • 23 28 PugeT KMIIJJER EN HORLDGERIE DEPUB 1874 GEN&VE M Ample Parking at the carpark behind our restaurant (next to Capitol Theatre). yup #Rg| Omit
      23 words
    • 50 28 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and vou ace looking for office space (with business support facilities) we have various sizes for vou to choose. Our prices for a week is equivalent to a night s stay in an Orchard Road Hotel. Phone: *****46
      50 words
    • 285 28 PlvgeT JQAILUER ENHORLQGERIE DEPUISIB74 GENIVE Bp M nanyang TECHNOLOGICAL I INSTITUTE (To be reconstituted and renamed the Nanyang Technological University in 1991) EOTECHNICAL OFFSHORE STRUCTURES This course on geotechnical offshore structures is an introductory course primarily for those that have no or limited experience in the h design and construction
      285 words

  • Shipping Times
    • 422 29  -  By Rahita Elias TAIWANESE shipping major Evergreen Marine, which is gearing up to be a total transport company, plans to set up warehousing and container terminals in Asia. MrKH Chang, Evergreen president, told BT in Taipei recently: "We are looking at the
      422 words
    • 320 29 THE Ngow Hock group, which owns listed Thai company Regional Container Lines, is certain to be one of the two private operators of cargo terminals at Laem Chabang port. Sources said this was because Ngow Hock offered high profit-sharing to the Port
      320 words
    • 318 29 CHINA is to send a delegation of eight experts to Hongkong to discuss the financial feasibility of a controversial new airport project in the territory, a leftist Hongkong newspaper reported on Saturday. The delegation is expected to arrive in October for talks
      318 words
    • 352 29 Reuter THE Australian Labour Party approved the sale of 49 per cent of Qantas Airways and 100 per cent of Australian Airlines at a meeting yesterday which also paved the way for the privatisation of the country's telecommunications companies. Private enterprise will be invited by
      Reuter  -  352 words
    • 430 29  -  By Khaidir Abd Majid 'K' LINE has started using Port Klang as a transshipment port for transporting vehicles to Europe. The port was selected because it was already a loading port for Malaysia's Proton Saga cars heading for the European market. The
      430 words
    • NEWS SUMMARY
      • 71 29 PHILIPS China Hong Kong Group, a wholly-owned subsidiary of NV Philips Gtoeilampenfabrieken, has won a US$l million contract to supply and install an advanced digital telephone exchange system in the Chinese port of Qingdao. The system, comprising a network capable of handling 4,000 private
        71 words
      • 38 29 THE Thai shipping industty finds itself in an unpleasant situation watching its own share of seaborne traffic declining, while the country is in the midst of a boom in its international trade Page 2
        38 words
      • 35 29 THE Soviet Union is looking at opening an Arctic shipping route that would considerably shorten the distance for cargo ships to ply between the Far East and Europe. Back Page
        35 words
      • 41 29 THE drastic cut of almost 84 per cent in the quota of liquefied petroleum gas (LPG) to the shipbreaking industry in Gujarat, has precipitated a major crisis in India's shipbreaking industry Back Page
        41 words
    • LOG BOOK
      • 74 30 DEUTSCHE Lufthansa AG has cancelled its plan to expand by leasing 15 airplanes later this year after it made an operating loss of 300 million marks during the first half of 1990, Spiegel said. The weekly magazine said the state-owned airline had reduced its net
        74 words
      • 86 30 THE Panamanian government announced plans on Saturday to privatise Air Panama and three other state-run companies in a bid to reactivate the country's sluggish economy. A government spokesman said Air Panama, the Atlantic Banana Corporation, a palm-oil refinery and an agricultural development project will soon
        86 words
      • 55 30 ALL Nippon Airways Co Ltd (ANA) will not carry out any new equity financings in the immediate future due to a standstill in the markets, an ANA spokesman said. "It is difficult to raise capital in the markets now but ANA might resume equity finance
        55 words
      • 82 30 BRITISH AIRWAYS withdrew its fleet of nine Advanced Turbo-Prop aircraft for checks on Friday after the crew of one plane had problems lowering the undercarriage. A British Airways flight from Glasgow, Scotland, with 53 passengers aboard, had to circle Birmingham Airport once before landing on Thursday
        82 words
      • 81 30 INDIAN Airlines will seek talks with Airbus Industrie officials in New Delhi to request a further delay in the delivery of four Airbus A-3205, the Press Trust of India said on Sunday. The extension was needed because the airline was busy with an airlift
        81 words
      • 61 30 TWO of the three British Advanced Turbo-Prop aircraft ordered by Biman Bangladesh airlines for its fleet arrived in Dhaka from Britain. The two new 70-seater planes are to begin operating on domestic and regional routes from Oct 1, and the third plane is expected
        61 words
      • 48 30 MATSUSHITA Electric Industrial Co Ltd has established Matsushita Avionics Development Corp in California to develop in-flight communications equipment for airline passengers. It said the unit was formed because the demand for these products has risen due to the current expansion of aircraft manufacturing.
        48 words
    • 1349 30 As exports surge, the small Thai shipowners find their share of seaborne traffic dwindling Lloyd's Maritime Asia THE Thai shipping industry finds itself in an unpleasant situation watching its own share of seaborne traffic declining, while the country is in the midst of a boom in
      Lloyd's Maritime Asia  -  1,349 words
    • 936 30 Sept 20-28: Chartered Insurance Institute conference, Bristol. Sept 23-28: Tanker management and operations, Cambridge Academy of Transport course at Selwyn college, Cambridge. Sept 23-28: Container distribution, Cambridge Academy of Transport course at Selwyn College, Cambridge. Sept 24-27: EDI Asia '90 at the Hongkong Convention Exhibition Centre, organised by
      936 words
    • 944 31 Page Col I ~1 ABC Containeriine 13 5 Accord Group 8 1-3 Albatros Sea-Air 14 5 APL 5 3-5 APC Line 14 4 Arrow Lines 9 5 •ASCL 5 1 ANL 3 1/2 Avant Shpg Lines 6 2/3 I B "1 Bait Canada Line 7 4/5 Bait
      944 words
    • 12589 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,589 words
    • 3312 43 .A.BC Coataineriine NV: Belsin Shpg I Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ud (SyAccord Contr Une (PK/PN). Adkris Business Corporatioa Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel Liaer Service Kim Shpg A Trdg(S). Alhatros Sea-Air Service Frata Shpg Pte
      3,312 words
    • 231 43 Abacas Coariers Td. 545-8011, 448-6415. Air Express Service Td: 533-5771. Fax: *****44 irDorne rrttgni i orpomiion Td: 542-8844 Fax: *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Td: 344-3377. Fax: *****50. Ctaster liak Sappiies A Services Td: 296-5720. DHL lateraatioaal Td: 344-8911. Fax:
      231 words
    • 1400 43 Ahex Express Freight Tel: 542-7171. Fax: *****84. T< Actinic Forwarder Td: 225-1833. Fax: *****42. Fi Td 22*Fm: *****20. Aerotiak Freight lateraaOoaal Td 545-8033. Fax; *****05. G Td:'s42-5911. Fax; *****18. C Air Cargo Novo Express Td 542-5454. Fax: *****06. Air Expreaa International F Td 542-7666. Fax: *****74, *****50. Air
      1,400 words
    • 2851 44 ARGENTINA Bmot Aires: Two vessels collided at km 7in the access channel on Sep 15. The incoming vessel ran aground on the north side and the channel is further obstructed bycontainers which fell overboard The channel is temporarily dosed, novessels are allowed to enter/sail until all lost containers
      2,851 words
    • 528 44 ARRIVALS DEPARTURES Op Right Type ETA From Op Flight Type ETP T« TODAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 NRT ORD/LCK/ CLX CV7971 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYD/AKL
      528 words
    • 707 44 SHIP SALES TANKER RATES Reuter, AFP FOUR vessels were reported sold to Londonbased interests, on subjects, for around US$29 million en-bloc. They are the dry only combination carriers: New Phase (155,450 dwt, built 1972) and Oscar IL (103,480 dwt, 1971) and the bulk carriers Lady Bird (131,260 dwt, 1974) and
      Reuter,; AFP  -  707 words
    • 292 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep N—e of Veaad ETA ETP Pwt Aft PmH ttCatk OCTOBER 02 02 Song of Flower 0800 2200 Neptune Agencies Sin-Seribu-Semarang-Bali-Semarang-Senbu-Sin 03 03 Royal Viking Sea 1100 2359 Barwil Agencies Sin-Bangkok-Sin 09 09 Royal Viking Sea 0800 1800 Barwil Agencies Si^K.eUn^B^i^Madras14 15 Song of
      292 words
    • SHIPS IN PORT
      • 593 45 1mmt >■> WW 90A K30 alongside 28.09/0600 Continent 1 8/90 K33 alongside 27 09/2300 Frotasantos 57tB K31 alongside 24 09/1200 Hwnda 14 1/90 K32 alongside 2709/0130 > Marchioness 78 K34 alongside 28.09/0600 Asian Cosmos 8 K29 24.09/1730 27 09/1500 Bai*ar Unm 490W K15 25.09/1500 2709/1500 Kota Ekspres
        593 words
      • 1268 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record M*|/Mnct tab Sty> Voy No Etb/Wr hriod From To Fran ta to* 38 27/0100 i 24/1500 24/1659 24/1900 3 25/0700 25/1159 25/1400 Ad Gonetaro* 32S80 27/0700 1 24/1500 24/1659 24/1900 Ad Goncharov 3ZSB0 25/1200 25/1459 25/1700 Amata KCN009 27/0700
        1,268 words
      • 947 45 CHARTERING on the dry cargo freight market ended quietly amid confirmation of easier US Gulf to Japan grain fixings, brokers said. Late yesterday details emerged of US$ 19.90 paid for this business and today dealers said that US$2O had also been paid. Market talk of this prompted sharp
        947 words
      • 350 45 Pfrt Klmg Sauth fort an Sap 24: Sanko Laurel berth 3; Chueng Hing berth 4; Pacific Samudra berth 7; Sutra berth 7A. KCT: Thana Bhum berth 8; Ocean Sinus berth 9; An Chun berth 10; Jacek Malczewski berth 10. North fort Yang Cheng berth 11; Song Kam
        350 words
    • 356 46 THE Soviet Union is looking at opening an Arctic shipping route that would considerably shorten the distance for cargo ships to ply between the Far East and Europe. Shippers from Europe to America are eager to transport cargo through the route, which stretches beyond the northernmost
      356 words
    • 315 46  -  From Shirish Nadkarni in BOMBAY THE drastic cut of almost 84 per cent in the quota of liquefied petroleum gas (LPG) to the shipbreaking industry in Gujarat, has precipitated a major crisis in India's shipbreaking industry. The slashing of the quota from 4,000
      315 words
    • 225 46 AP THE Romanian government has opened talks with union representatives of the 25,000 workers who have paralysed shipping with a week-long port strike. The strike launched last Monday has brought the Black Sea port of Constanta to a standstill and cost the beleaguered
      AP  -  225 words
    • 277 46 The Gulf Crisis Reuter A LEADING underwriter from Lloyds of London said the insurance market was justified in a heavy increase in premiums on Gulf shipping after Iraq's invasion of Kuwait. "I don't think we can be accused of over-reacting. I will leave history
      Reuter  -  277 words
  • Page 29 Advertisements
    • 504 29 HSWEE HBdG METAL CO PTE LTD U TUA3 AVC 14. StMOAPOfX 22M TELEX RS K»T$ 9MMCPL TEL: Ml 5955 (sHtml TELEFAX: Ml mt Ihv Mitf* tmiMmirH* to» sr»*r. nnm AlaVi IPU IIH 1 •£]«*.<; tarkl* IH //grflJflMUlP ILPG HNCAPCW* MALAYSIA •DM A IPG rMLNviNU*""' 1 IKMIra HyOrOAUAc )«l»f in Tw*l•
      504 words
    • 53 29 A* Forwarders 15 Mr Fra#tScM* 16 Contamr Schedule 17 Comer Services 15 Craai Ferry schedules 16 MyFntffe 17 A- fc. a- 4 moo id Wvu8cfi.......... hi I <9 Port Confluns 16 sm*** is Stanwi Gwdt 10.11 Sapolß/TMINr li Shps Pwt 17 Snppore THes 17 Transport Dixy 2 Weather and Sea
      53 words

  • Page 30 Advertisements
    • 165 30 PRESS ANNOUNCEMENT TO WHOM IT MAY CONCERN Re: Cargo Consigned to Kuwait and Iraq Ex Vessels: Cecilie Maersk Voy 9011 Trein Maersk Voy 9003 Cornelia Maersk Voy 9011 As a Consequence of the blockade of the port of Kuwait following military action taken by Iraq; because of the imposition of
      165 words

  • Page 31 Advertisements
    • 2186 31 JAROINE SHIPPING AONOCI 200 Cantonment Road #12-05 Soottipomt. Singapore 0208 vilify T«l *****11 TELEX NO RS ***** IfTTTIII TERMINAL/CFS Tel *****1S 220 K CQQGq r l bookings Tei *****34 235 L. \hftj A PESAKA JARDINE SHIPPING AGENCIES SDN. BHD PORT KELAN6 TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX
      2,186 words
    • 27 31 Linos aid services represented Meeibert of the Registry of Accredited gfglii For advertising and circulation enquiries, contact Business Times Tel 737-8800. Fax 235-9320. I EXECUTIVE 1 JOBS
      27 words
    • 2104 31 Veeeei Voy ETA ETD 'Port -Peoang t K»t«ng DESTINATIONS TN Marcher 9006 CMig Tim# Feeder by CV 2/10 0400 MRS y Fereo 4 H|^B CFS 1/10 23SS MRS M Tauro OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR M 25/9 26/9 "std Tsw 13/10 15/10 I
      2,104 words

  • Page 32 Advertisements
    • 1103 32 II II ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BREMEN EXPRESS 96/515 2M 23/10 17/10 19/10 18/10 22/10 BENAVON 98/518 30/9 17/10 20/10 22/10 KATSURAGI 02/517 4/10 29/10 23/10 25/10 22/10 28/10 BENALOER 97/522 7/10 24/10 27/10 29/10 HAMBURG EXPRESS 98/521 11/10 5/10 30/10
      1,103 words
    • 467 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 28/9 9/10 12/10 17/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 30/10 31/10 3/11 Aho *cc«ftin| Cargo to Callao (Poni) vU Valpa Ag«nts: SINGAPORE: *****56
      467 words
    • 1419 32 El MNUkAmtA MR REGULAR tNOePEHDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL PEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HMD 2 5! N £?.2l?;L nim M/M 17/10 19/10 2210 21/10 23/10 24/10 2- 20/10 22 10 WO 2g 10 30 10 29.10 31
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  • Page 33 Advertisements
    • 1701 33 S*— steamers Maritime Holdings Ltd P&O Tig STRAITS SHIPPING] Containers m ACCEPTS DOE SAILS ft* No P Klang S'oor* s-tor H'burg BW IT Urn, La* BREMEN tXPHESS «/515 M*24« 2MB 23/10 17/10 19/10 16/10 22/10 KNAVON 9MII BAB 2409 7MB 17/10 I*lo 21/10 MERCURY JAOC VOX Muara. KK, Wri, Bint
      1,701 words
    • 1705 33 SP LH RDM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANG PARK 010W W 11/10 19/10 20/10 21/10 23/10 CHOYANC SUCCESS 010 C 1/10 4/10 5/10 1/10 11/10 HANJIN OAKLAND 010W 7/10 24/10 25/10 21/10 21/10 29/10 HANJIN HAMBURG 002E 11/10 15/10 11/10 19/10 CHOYANC GLORY 001W 13/10 31/10
      1,705 words
    • 367 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHUN ASIAN TRADER KUAN STAR VOY. NO U US Sport 27/9 1/1R u/u P *•<»"« »/> J/10 14/10 P*nati| Honj Kont Yokohama 24/18 Na«oya I*lo a/10 20/10 Sonbofcu 16/10 Kathtma UnrhiMiMt nocfiimtnn M •For Discharging Only NOTE: ALSO CALLING
      367 words

  • Page 34 Advertisements
    • 581 34 CR NBR **********0-O EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE WA;VOY S'POOE ROAH/AOA* H'BURG MOKN ANTOtRP ■ATARAH27WB O-Ufl Ml MOl *fll »U «S»l IH3/W mi I*ll ***** S/U suiwjata/ww inyn 1w Ufa aiu nu FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO 9Utyact to MuoaiwnL ANo acoaptog caigo to CaMbtanca, Port Said, Port Ahnndrla,
      581 words
    • 610 34 ChHANJIN SHIPHNG I \C2JL FULL CONTAINER SERVICE S pere LeHavre R'Oan M'kurf 8 haven Fitowe FEEOER VSL SIN LINE HAUL LAX OAK HANJIN FELIXSTOWE 004W 21/9 11/10 12/10 13/10 15/10 16/10 CHOYANG SUCCESS 01« 1/10 H KUNSAN OStt 20/10 20/10 CHOYANC PARK 010W 29/9 17/10 10/10 19/10 21/10 22/10 HANJIN
      610 words
    • 1164 34 -4f i H-TrH-ldJ" WRk IPKL SCP HUG KSG KLG PUS NKT OSK SBU TYO LAX SFC CNS BAL NYC LMV ANW RW FLX UN I I GRACE DC-OS 2*o 27/0 2/10 4/U *10 *10 I*lo 12/10 14/11 I*lo 2*lo /|U U/U «U 21/11 ***** 23fU M/U W I I GLEAMY
      1,164 words

  • Page 35 Advertisements
    • 1409 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 mW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA ccoo, ccoo* K.L-(03) *****33, P.Kelang-(03)
      1,409 words
    • 1192 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (RE6ULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUWD LOADING FOR WESTBOUND Ytsstis vQTAg |m Immu I HKOwt ww/tg swot woahc H>U<tC t-HAVtW THJUHT HOTT
      1,192 words

  • Page 36 Advertisements
    • 1344 36 I \jC\ K line KAWASAKI KISEN.KAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST /FT tot* «SS£L voir -moo IkTI «ot*r vessel rU OM CT. NfCJ I I B T Su* L W "w jw[ 11 l&ssir" 3 IsEkTss st%sb Iv srrasr s as a a Is
      1,344 words
    • 1146 36 vjm PHIII-OftteNT UN€S PTC LTD I r VP 108 ROBINSON ROAD 407-00 GMG BUILDING SINGAPORE 0106 1 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX: *****76/*****38 sJSMX BY AIR, LAND OR SEA S^KsiW WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "hST 29 SEPT MONTREAL, OTTAWA,
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  • Page 37 Advertisements
    • 1387 37 PACIFIC INTERNATIONAL LINES (PTE) LTD MMgPlLßu«ding, 140 Cecil Street KttOO. Singapore 0106. vessel VOY «N JKT sm vesseL voy SIN en* sin NAJ QUAMQ 3758 2M ZU% HAI HUI MM M/B W% 2/10 EOCM «0W 17/t W% VlO PCOASUS ftOMCCR IMN W% tut V\% KOTA PAJUANO 07S8 M trt# PCOASUS
      1,387 words
    • 1020 37 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint M Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO BK/CONTWBi? VESSEL |VQY SPORE P KLANG" S'HAMPTON HAMBURG B'HAVEN ffDAM L'HAVRE" Tokio Express* 95/514 24/9 Via Ban 10/10 13/10 15/10 Bremen Express 98/515 28/9 22/10 16/10
      1,020 words
    • 323 37 MYANMA P& FIVE STAR UNE ■V' (Myanmar National tin*) Loading for Yangon (Rangoon) S'port P.KI| Pm P.fl<| PAGAN VI6IW In Pt MAGWAY VUW Pt WW MCRGIII VIQ2W 4/7 OCT PAGAN VIS2W 12/11 OCT MYOMAYWA VUIW 14/20 OCT THE BANK UNE (A t#rvic# o4 Aftdrtw SMpf**) VvF $£MI-COMTAIt4CII SERVICE HEAVY LIFT
      323 words



  • Page 40 Advertisements
    • 805 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO WORTH CONTINENT OUTBOUNO SIN FIX BRV ROM ANT HBC RST MECKLENBURG V* Dfi 21/11 23/18 22/18 24/ M 27/ M MUBUN UN WFOO 82/18 Jm 25/18 2*AO 28/18 M|M GERMAN UN WFO44 1/10 31/10 1/11 2/11 4/11 8/11 n pkcko/m ia» uii i/u
      805 words
    • 1161 40 O&OSBELu CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM CMMUMTM SBVICB TO: FAR EAST PORT KELANG 28/9 5/10 MANILA 29/9 ft 8/10 PENANG 28/9 ft 5/10 BUSAN 4/10 A 10/10 BANGKOK 3/10 7/10 TOKYO 27/9 4/10 HONG KONG 1/10 5/10 YOKOHAMA 27/9 A 4/10 KAOHSIUNG 30/9 7/10 KOBE 4/10 11/10
      1,161 words
    • 312 40 ESBH LOAtXNC FPU LOADING FOR BUENOS AIRES vessel [mm cro dm iamks m»*o m *it (MSAREI IVM m* W 17/U Ufll OTT MOvrwEEN I imi all *U- 17/11 mu- wu VMM PISCHABCINC FM BRAZIL ONLY i——^ SPORE M W RUSA* TOR MO KM ■os then i am www VJBBJ Regular
      312 words
    • 1208 40 fe tm to. W CHINA OCEAN SHIPPING COMPANY w 2, MIST RI ROAD, KMC BUILDING ■-n-' -.B, 1 #15-00, Singapore 0207 FULL CONTAINER LINER SERVICE ma iS 58^^ CR NO: lIKMOOOM CAI^COStS|« General Agents: COCTAR fIWHU PR LID nsstw FIX ROT HAW AWT OKK VESSEUVOY FU ROT NAM AT IKK
      1,208 words

  • Page 41 Advertisements
    • 1059 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 29/9. 5/10 EUROPE all Ports 28/9, 6/10 BANGKOK 29/9, 2/10 HONGKONG/CHINA 27/9, 4/10 SYD, MEL, ADEL, BRIS 27/9, 3/10 FREMANTLE 27/9, 4/10 MANILA 28/9, 5/10 PKLG/PENANG 30/9, 7/10 Fort Katang Branch Tal: *****21/2/3 Fax: *****24 Panang
      1,059 words
    • 816 41 w_P.T. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 1 THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INOONKtIA SERVICE I VSL VOY SIN
      816 words
    • 603 41 BANGKOK CEBU/MANILA jvtup. I VOY ywvw baiwmk [vtwa [voy ipow com mawu 1 NANTA BHUM 00N Ned 26/9 Sat 29/9 SO ORIENT 39* 21/9 4/10 108 SIRI BHUM# 464N Fri 21/9 Mon 1/10 KITI BHUM 40S 5/10 U/M 13/10 MAHA BHUM# 20N Sun 30/9 Ned 3/10 SO ORIENT 41R 12/10
      603 words
    • 312 41 WE HAVE GOT THE FASTEST j TRANSIT TIME TO AUSTRALIA! :< NEXT VESSEL: ellen hudig i ETA 18/10/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vri Wfi fli H—i AM fmlUm Uv S'pwre HUDIG 21/9 Kg 14/S BBUSSEL 29/9 11/10
      312 words

  • Page 42 Advertisements
    • 1233 42 MAC-NELS SINGAPORETEL limit] MPOMT tel 22i6oir| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P— p KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 l-IVvX" J BAHRU TEL; 7 *****2 SIBU TEL: (084) *****21 LABUAN TEL: (087) *****9 V W V JAKARTA
      1,233 words
    • 520 42 ftfEfc BLUE STAR LINE SINGAPORE TO UNEW ZEALAND AND T/S FIJI PHI i.Y CONTAINERISED MONTHLY SAILINGS DISCHARoINOATNCTPI.VMOL'THiPORT PHALMERS ACCEPTING FCL LCL FOR AUCKLAND S/CPIER. WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON INVKRCARGIL, FIJI AND TAHITI SIN N. PIT AUCK IYT PREMIER OK 2t Sap 10 Oct Via NPt 12 Oct MULBERA ITS
      520 words
    • 825 42 JZEi THONG SOON LINES PTE. LTD. JkyH 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm. hw ten tar mm m eh lan KIM SOON LI 37/90E 22
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  • Page 44 Advertisements
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  • Page 45 Miscellaneous
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  • Page 46 Advertisements
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