The Business Times, 8 November 1990

Microfilm: NL17137
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday November 8 1990 75*
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  • NEWS SUMMARY
    • Article
      US to pull planes out after Manila pact expires
      70 1 THE US announced yesterday that it will withdraw all its fighter aircraft from the Philippines upon the expiration of its basing rights in the country next year. Special US negotiator Richard Armitage made the announcement at a meeting with Philippine Foreign
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    • Article
      Creative pool available
      31 1 THERE is a talent pool for the growth of a vibrant creative services industry, according to the Minister of State (Trade and Industry), Mah Bow Tan Page 2
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    • Article
      Building contracts fall
      32 1 THE VALUE of building contracts awarded fell sharply in September, following an exceptionally strong showing in August. The slowdown was attributed to a dearth of private-sector jobs Page 2
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    • Article
      M'sia boosts presence
      15 1 MALAYSIA is emerging as a prominent foreign investor in China Page 8
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    • Article
      Viet textile exports up
      25 1 TEXTILE exports by public and private companies in Vietnam are rising steadily, including to capitalist countries, say foreign experts Page 8
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    • Article
      Good news, bad news
      38 1 CHINA'S industrial output surged in October, posting its largest monthly rise this year, but economists say the recovery was fuelled by state credits and that high inflation is again on the horizon Page 10
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    • Article
      EC breaks deadlock
      32 1 EC ministers all claimed victory after a marathon negotiating session on Tuesday agreed on farm subsidy cuts which should get Gatt world trade talks back on course. Page 11
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    • Article
      Model unions
      27 1 PANAMA Vice-Prcsident Guillermo "Indiana" Ford, recently in Singapore, says he plans to use the Republic's unions as a model for those back home Page 13
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    • Article
      Van Gogh on screen
      20 1 DIRECTOR Robert Altman wants to make a movie about Vincent van Gogh his way Page 21
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    • Article
      Plans for plant
      24 1 NAVIGATION and communication equipment maker II Morrow Inc is thinking of setting up a plant in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      23 1 THE DOW JONES index of leading industrial shares dropped 4.21 points to 2.480.94 in the first five minutes of trading yesterday.
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    • Article
      Footsie lower
      42 1 LONDON share prices were down at midday yesterday on waning interest after a short buying spurt earlier in the session. At about 1215 GMT, the Financial Times-Stock Exchange 100-Sharc Index was down 13.6 points, or 0.7 per cent, at 2,056.2.
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    • Article
      Capital requirement
      33 1 FOREIGN BROKERS keen on the newly-introduced international membership on the SES will be required to put up an initial paid-up capital of S$ 15 million for their new setups Page 3
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    • Article
      Pilecon to expand
      27 1 PILECON Engineering intends to develop its construction business into a construction supermarket providing a full range of services, says its chief executive Page 3
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    • Article
      Aussie rate cuts
      28 1 INFLATION figures for the September quarter indicate that a further cut in official interest rates is possible by end-1990, says the Australian Treasurer Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 553.28 -5.12 Kuala Lumpur ..475.65 -1.65 Hongkong 2.955.19 -11.52 Tokyo 23.500.25 -465.50 Sydney 1.335.0. +17.2 Monday Change New York 2.485.15 -17.08 London 2069.8 +19.7
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    • Article
      CURRENCIES
      18 1 Exchange rates USS SSI.7015 Yen SSI.3340 MS SS0.630I Money market rates Overnight 6-3/16 -3/16 3-month 6-5/8 unch
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$383.50 US$2.10 Rubber S'porc Dcc l52.75*/kg -0.75 M'sia Dcc 239.00«/kg -0.5 KLTin Turnover 32 tonnes -4 Spot M$ 16.3 l/kg +0.03 Crude palm oil Turnover 788 lots -79 Nov M$737/tonnc -5
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  • Article
    Five Indian banks in Singapore to be merged
    449 1  -  Move to meet BIS capital adequacy guidelines By S N Vasuki FIVE INDIAN banks which operate in Singapore will soon be merged as part of a plan initiated by the Reserve Bank of India to consolidate all the overseas branches of Indian
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  • Article
    Sri Lanka officially withdraws bid to host Ad Asia 1995
    251 1  -  From Sangeeta Mulchand in KUALA LUMPUR SINGAPORE will face just two competitors when it makes its formal bid today to host the 19th Asian Advertising Congress (AdAsia) in 1995. Sri Lanka has officially announced its withdrawal from what was to
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  • Article
    Lock icon Bundesbank sees 4pc W German growth
    149 1 Reuter BUNDESBANK vicepresident Helmut Schlesinger expects real West German economic growth of 4 per cent this year and 3 per cent next year. Addressing a parliamentary hearing in Bonn yesterday on the costs of unity, he gave no forecast for what was East Germany,
    Reuter  -  149 words
  • Article
    Main EMS shareholder prepared to inject funds: MD
    243 1 THE MAJOR shareholder of videotape housing maker Electro-Magnetic (S) Pte Ltd is prepared to inject the funds needed to make up for any equity deficiency faced by the company, according to EMS founder and managing director Steven Chan. Mr Chan told BT
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  • Article
    Lock icon US urged to unleash military might against Iraq
    264 1 Agencies KUWAIT'S exiled premier Sheikh Saad al Abdullah al Sabah called on the United States yesterday to unleash its military might against Iraq and rejected any territorial compromise with Saddam Hussein. Meanwhile, Chinese Foreign Minister Qian Qichcn said more consultations were needed
    Agencies  -  264 words
  • Article, Illustration
    FELS faces US$ 656m breach of contract suit
    492 1  -  Far East Levingston says suit has no merit Bv Dexter Lee, Lee Han Shih IN WHAT may be the biggest lawsuit ever faced by a Singapore company, an American company is suing rig-builder Far East Levingston Shipbuilding (FELS) and three related parties
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  • Article
    FELS may generate half its revenue in US by mid-90s
    386 1 FAR EAST Lcvingston Shipbuilding Ltd (FELS), which acquired an American rig converter in September, may well be generating half of its annual revenue in the US by the mid *****. Amfcls Inc of Texas, in which FELS has a 60
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      279 1 Cassette Receiver K t FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone 235 1333 Kuala Lumper Phone 757 0233 Penang Phone 615 985/619 014 Jakarta: Phone 374 085/380 1472 Ad Marketing 15. 18 Money Changer Rates 32 World News 10,11 Aircraft Schedule 32 Money Market 29 World Stock Markets
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    • Advertisement
      Page 1 Advertisements Column 2
      16 1 Controversial Body shop ads win award, Pg 15 Growing pains for China's ad industry, Pg 18
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    • Advertisement
      Page 1 Advertisements Column 3
      9 1 Non-aligned group seeking support for •peace resolution*. Pg 11
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    • Advertisement
      Page 1 Advertisements Column 4
      95 1 s EXCKjsjv 7065 C HJ BRUNO MAGLI we vsk Sole Agent: Marie* Marketing Pte Ltd Tel: 734 Fax: 737 6892 Boutiques: Centrepoint #01-30 Tel: 737 4509 Forum Galleria #01-46 Tel: 732 8961 Open Daily from 10 00am to B.oopm Corners: Metro Orchard Metro Grand Also Available at: Americaya Cinderella Shoe
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Room for growth in trade with Turkey
        99 2 |< > i \l tiade between Singapore and Turkey amounted to jl. 1 4 million from January to July this year, said Tan Soo Khoon, the Speaker of Parliament, at a dinner hosted in honour of the President of the Turkish Grand National
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      • Article
        Bruneian minister on visit
        34 2 I Hi: Bruneian Minister for Communication, Dato Haji Zakaria, will be visiting Singapore today and tomorrow at the official invitation of the Minister for Communications Information. I)r Yeo Ning Hong.
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      • Article
        Talking standards
        53 2 Till- board of the International Accounting Standards Committee (I \SC) began a three-day meeting here yesterday to discuss the latest issues on international accounting standards. Topics to be touched on include the financial reporting of interests in joint ventures and long-term intangible assets. Improvements to accounting standards will
        53 words
      • Article
        Trade visitors from Hull
        46 2 I HE Hull Chamber of Commerce of Britain is organising its first trade mission to Singapore from Nov 12-16. The 10 companies involved in the trade mission are promoting a variety of goods and services from fire doors to information technology consultancy.
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      • Article
        Asean awards for four
        56 2 MESSRS CHOO HOEY, Ng Eng Teng and Masuri bin Salikun. and Ms Tan Lian Choo will each receive an Asean Award at a presentation ceremony today. The Asean awards were first introduced in 1987 to accord recognition to artistes and media professionals of Asean who have
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      • Article
        Assessing the environment
        62 2 CAL i HX (Asia) is conducting an international environment assessment of its operations by key personnel from nine countries in conjunction with Singapore's Clean Green Week. Managing director John M Valentine said the group will implement necessary changes to improve its emergency response plans and procedures, occupational
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    • Article, Illustration
      S'pore has the makings of a vibrant creative services sector
      414 2  -  By Schutz Lee SINGAPORE has the infrastructure and a talent pool for the growth of a vibrant creative services industry, says Mah Bow Tan. Minister of State (Trade and lndustry). Mr Mah made this point yesterday after visiting two companies
      414 words
    • Article
      Go for the mega event: TDB chief
      206 2 WITH MORE countries capable of holding smaller exhibitions. Singapore must upgrade and go for mega shows to remain competitive, says Yco Seng Teck, the chief executive otTiccr of the Trade Development Board. One such mega event to be held here is GIobaITRONICS, in
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    • Article
      Fall in value of building contracts
      195 2 A DEARTH of private sector jobs resulted in a sharp drop in the value of building contracts awarded in September, after an exceptionally strong showing in August. Preliminary figures for September show that only $255 million worth of contracts were awarded, against $980.8 million
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    • Article
      Pathmarajah on Limra board
      132 2 A J PATHMARAJAH. the director and general manager of Great Eastern Life Assurance Company Ltd Singapore. has been elected to the hoard of directors of the Life Insurance Marketing and Research Association (Limra) International. The appointment was made during Limra's annual meeting in Dallas last month.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      132 2 Lufthansa's Asian Commitment: We've put Ho Chi Minh City on our map. JKP»« l J jggp* JH -''usisshbi. H tfv 11 I>, ■if —-HBl j||i jhihi ~f* Another first from Lufthansa From October 30. regular flights to Ho Chi Minh City. Travel from Singapore to the business capital of Vietnam
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    • Advertisement
      Page 2 Advertisements Column 2
      192 2 Suzuki Swift GTi again proves best in its class |NPj If \Kii %f SansuilStamford Tyres Rally of Singapore "bJjVJ Organised by the Singapore Motor Sports Club RESULTS CLUBMEN UP TO 1,300 CC IST SUZU KI SWIFT GTI Bill Ng/Bonnie Wong 2ND SUZUKI SWIFT GTI -D. Krishnan/T Schultz 3RD SUZUKI SWIFT
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Foreign brokers on SES need initial $15m capital
      345 3  -  By Quak Hiang Whai FOREIGN BROKERS interested in the newly-introduced international membership on the Stock Exchange of Singapore will need to put up an initial paid-up capital of S$ 15 million for their new set-ups, sources said. They also told BT yesterday
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    • Article, Illustration
      Pilecon Engineering intends to be construction supermarket
      574 3  -  By William Chia PILECON ENGINEERING Bhd, which has learnt some hard lessons from the construction slump in the second half of the 1980s, now wants to become a diversified construction supermarket. The Pilecon group had suffered a pre-tax loss of M 5609,000 on
      574 words
    • Article, Illustration
      GT Management gets advisory licence
      376 3 GT MANAGEMENT pic, one of Britain's better known independent fund management groups, has been granted in-principle approval for an investment advisory licence by the Monetary Authority of Singapore. Philip Gray, the managing director of Hongkong-based GT Management (Asia) Ltd, told BT yesterday that the decision
      376 words
    • Article
      Lock icon Suspension mars Telekom M'sia's debut
      488 3 MARKET TALK Reuter MALAYSIA'S new stockmarkct giant, Syarikat Telekom Malaysia Bhd, found itself warding off selling pressure on its shares. It suffered a brief suspension from trading on high volume as it made its trading debut. Depressed sentiment on the Kuala Lumpur Stock Exchange, reflecting
      Reuter  -  488 words
    • Article
      Why Inno-Pac was satisfied with JLW evaluations
      298 3  -  By Shoeb Kagda INNO-PACIFIC, in replying to a second set of queries from the Stock Exchange of Singapore, said yesterday that it was satisfied with the evaluations of Hongkongbased Lucky Man Properties carried out by Jones Lang Wootton and had thus not commissioned
      298 words
    • Article
      Lock icon KLSE gets strict on enforcement
      232 3 Bernama THE Kuala Lumpur Stock Exchange will enforce strictly two regulations under its fixed delivery and settlement system. Executive chairman Nik Mohamed Din Datuk Nik YusofT said in a statement yesterday that the area of concern covered settlement for contracts done on a ready basis
      Bernama  -  232 words
    • COMPANY BRIEFS
      • Article
        Closing dates for ICB loan stock books
        71 3 INDUSTRIAL Commercial Bank will close its loan stock transfer books and the register of loan stockholders from November 28 to December 8 to determine the persons entitled to the interest payment on the loan stock. The interest on the loan stock at the
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      • Article
        Stake in Van Der Horst
        46 3 VAN DER HORST'S holding company Pacific Can Investment Holdings has raised its stake in the company through the purchase of 200,000 shares for $203,240 on Nov 2. Chairman Edward Goh and director Pang Kim Hin have deemed interests in the acquisition.
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      • Article
        DBS Bank cuts stake in SPC
        33 3 DBS BANK has reduced its stake in Singapore Petroleum Company to 42.27 per cent through the sale of two million shares for $2.88 million on Nov 5.
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      • Article
        Temasek's SIA stake now 54pc
        58 3 TEMASEK HOLDINGS has raised its stake in Singapore Airlines to 54.27 per cent through the purchase of 30,000 shares at $432,843 on July 16-17. In another announcement, Temasek said it has reduced its stake in Sembawang Shipyard to 49.02 per cent through the sale of
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      • Article
        Fund managers eye Telekom
        62 3 FOREIGN FUND managers are enthusiastic about construc-tion-sector stocks and "recession-proof telecommunications stocks on the Kuala Lumpur Stock Exchange, said Alicia Tan Kuay Fong said yesterday following a recent one-week visit to the Tokyo and Taipei stock exchanges. Alicia Tan, a director of TA Enterprise, said the
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      • Article
        Kundong's land bank values
        98 3 KUNDONG Tanjung Pau Company Bhd said yesterday that the open market values of the land banks held by Negara Properties Sdn Bhd, Golden Hope Realty Sdn Bhd and Golden Hope-Maluri Sdn Bhd are Msl32 million, M 546.7 million and Mss2 million respectively. KT Pau, which is
        98 words
      • Article
        Chin Teck explains land move
        89 3 CHIN Teck Plantations Bhd paid a premium of MsB million from internally-generated funds for the land it acquired in Lembah Jeram, Rompin, it said yesterday. Responding to a query by the KLSE over its announcement of the land acquisition on Oct 30, Chin Teck Plantations
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      182 3 There Are Those Who Reroqnise The rafj Of (»emld Genla. And There Are Those Also .Afford ft. The watchmaking genius of Gerald Genta is encased in every timepiece he designs. Each is a treasure. And each carries his name to hear testimony of his art. o From the GolJ LkjU
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Kirin starts restaurant business in Taiwan
        67 4 KIRIN BREWERY Co Ltd of Japan has launched a wholly owned subsidiary in Taipei to start a restaurant business. The subsidiary, tentatively named Rakuten Co Ltd, is capitalised at NTS6O million. It aims at sales of 9(M) million yen in the year ending IX-c
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      • Article
        TDK to be listed in Frankfurt
        65 4 TDK CORP of Japan said it has won approval to list its shares on the Frankfurt Stock Exchange. Trading will begin on Nov 13, with Nomura Europe GmbH and Yamaichi International (l>eutschland) GmbH as co-listing agents. TDK. the world's largest maker of magnetic tapes,
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      • Article
        Dutch bank eyes Elders Roach
        73 4 DUTCH merchant bankers Pierson. Heldring and Pierson NV said it was negotiating to buy Elders Roach Asia Ltd from Elders Finance Group Asia, a subsidiary of Elders IXL of Australia. It said negotiations were at an advanced stage and completion of the deal was expected
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      • Article
        Shiseido's profit soars 53pc
        70 4 JAPAN'S biggest cosmetics producer Shiseido Co Ltd said on Tuesday its net profit jumped 53.5 per cent from a year earlier to 8.7 billion yen (US$63 million) in the six months to September. The company, which also ranks among the world's three biggest cosmetic concerns with
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    • Article, Illustration
      Lock icon Bankruptcy sparks property slump fears
      372 4 High interest rates put Tokyo real estate under a strain FT THE BANKRUPTCY of a medium-sized Tokyo property company has raised fears that the softening of Japan's real estate market will soon claim larger victims and prompt a more serious downturn in the industry. Olympic,
      FT  -  372 words
    • Article
      Lock icon FCL expects oil to make biggest contribution
      286 4 Reuter OIL PRICE rises will ensure Fletcher Challenge Ltd's energy group makes the biggest contribution to overall first half earnings and should allow a strong second half, chairman Sir Ron Trotter said at the company's annual meeting yesterday. Energy contributed 22 per cent
      Reuter  -  286 words
    • Article
      How region could gain from Gulf crisis
      254 4 ALTHOUGH the Gulf crisis has sharply increased prices and threatens to depress the world economy, it may yet provide opportunities for developing countries in the Asia Pacific region to increase their shares of world markets, the chairman of the Thai CP Group, the
      254 words
    • Article
      Lock icon NZ bourse asks RJI to explain share fall
      218 4 AFP THE STOCK exchange has asked Robert Jones Investments (RJI), one of New Zealand's biggest property companies, to explain for the second time this year why its share price was falling. RJI company secretary Dan Twigg said on Tuesday that directors were
      AFP  -  218 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      240 4 W' Sfl Sfl HI Sfl VI nMjIV H^H H |MM|»|»P l^»i-::": ,-^|H| it^S S^fiWLP^ w x fllr iiirr ■RSHHHMHHNHfI :-*|r WSMF iik&r BBBBIW^WIWW v=v svY WWißlfHEiffyTrrilWßfM JWIIIIBIIIIIB M <. v > \-s»- If|B^| I k, HHMHHIHHHRHHHHHI •wMitfHHIHHBIB SOLF AGFNT SERVICF ENTRt \V •K. I 1/ I I M f SINGAPORE
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      159 5 A picture, it's ken said, paints a thousand words. J j > V-; v." J >• V "j. "'M m *VS v fg mJi i I■ ul f C,. ,:-x v >"38? i /*;*>. ft 4\ N V Si# <■ T-k# m .> fv* m :< .v -*Zf. Sometimes more.
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Reuters takes full-time lease on Eurotel II
        64 6 k LITTERS Holdings pic said its Reuters Ltd unit has signed a contract with British Telecommunications pic for the lull time lease of a satellite channel on the new European Lurotcl 11 system. It said the five-year £15 million contract will give the
        64 words
      • Article
        Neiman Marcus keeps mum
        73 6 NEI MAN MARCUS Group Inc spokesman declined comment on why a special committee to Neiman's board withdrew its recommendation of an offer by General Cinema Corp for the 16.4 million Neiman shares the theatre concern does not already own. However, the spokesman said a shareholder suit
        73 words
      • Article
        Harcourt regrets S & P rating
        49 6 Harcourt regrets S P rating HARCOURT Brace Jovanovich Inc said it was disappointed that Standard and Poor's Corp had downgraded its bond ratings. The company said, however, that overall profit growth has resumed and it was making adequate capital investments to produce a competitive elementary reading programme in 1992.
        49 words
      • Article
        Wal-Mart bids for Wholesale
        97 6 WAL-MART Stores Inc said it has entered into a definitive agreement to acquire Wholesale Club Inc for US$2l per share in cash or Wal-Mart common stock. The company said it will not pay more than 20 per cent of the aggregate consideration in cash, but otherwise
        97 words
      • Article
        Hagemeyer buys German firms
        85 6 DUTCH trading group Hagemeyer NV said in a statement it has agreed to acquire German firms C Foerster GmbH and Scntec GmbH of Hanau. Hagemeyer, 60 per cent owned by Hongkong's First Pacific Co Ltd, said the two German companies are involved in distributing consumer electronic
        85 words
    • Article
      Lock icon Banks look again at BSB after Sky talk
      379 6 Reuter BANKS providing funds to British Satellite Broadcasting (BSB) are discussing financing with the television firm after its proposed merger with Sky Television. "We are undertaking a full review of the finance package with the company and its bankers to see what,
      Reuter  -  379 words
    • Article
      Lock icon NMB, Nat Med plan to go on acquisition path
      299 6 Reuter NMB Postbank Group NV and insurer Nationale-Neder-landen NV intend to launch an ambitious acquisition drive soon after they merge, with their first targets in European wholesale banking. "We plan to make acquisitions, with Europe our first priority," NMB chairman Willem
      Reuter  -  299 words
    • Article, Illustration
      Lock icon Nadir vows Polly Peck will bounce back in next five months
      501 6 Reuter ASIL NADIR, chairman of beleaguered conglomerate Polly Peck International pic, said errors of judgement may have contributed to the current demise of his business empire but vowed he would bounce back quickly. "I cannot say I am a
      Reuter  -  501 words
    • Article
      Lock icon Prudential-Bache to slash investment banking unit
      371 6 Reuter PRUDENTIAL-BACHE Securities Inc chairman George Ball has told employees the company's investment bank unit will be cut back in a move which sources at the firm say could slash twothirds of its investment bankers. The firm is laying off about 120 of the
      Reuter  -  371 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      53 6 SIEMENS M 4? f t XT* Thermal power station expertise now available in Singapore S t/ The growing demand for v *> electrical energy in all in Southeast and East Asia has prompted us to your specific application .v |^I L l requirements. KWU Power Generation Division Fax <(6^253 4714
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      Page 6 Advertisements Column 2
      85 6 t 4 ITiTHfiMai ■""11 r Specuksc m Fine Hand-knotted Carpets GRANDAUCTON jr§ Sunday, November 11,1990. O Grand Ballroom, Hilton International, p|j Singapore. pH 100 Hand knotted Persian. Village, Tribal and Workshop pieces. m Q 3S Viewing: 10am Ipm Auction Sale: 1.30pm spm M re Ss All lots ar«- guaranteed and
      85 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Further rate cut possible by year-end: Keating
      354 7 Reuter AUSTRALIAN Treasurer Paul Keating said a further cut in official Australian interest rates was possible by the end of 1990. He said in Canberra yesterday that inflation figures for the September quarter showed "it is a possibility that we could see official
      Reuter  -  354 words
    • Article
      Lock icon Bad debts expected to hit profits of three Aussie banks
      382 7 Reuter AUSTRALIA'S three major private banks will show the scars of more than As 2 billion in bad debt write-offs in their 1989/90 results this month, banking analysts said. They said the banks' pretax profits would have been 40 per
      Reuter  -  382 words
    • SMALL CHANGE
      • Article
        BOE lifts freeze on some Kuwaiti accounts
        99 7 BRITAIN'S central bank on Tuesday lifted restrictions on the accounts and assets of Kuwaiti citizens imposed after Iraq invaded Kuwait three months ago. The Bank of England said the change in policy applied only to individual Kuwaitis now living outside Kuwait and Iraq
        99 words
      • Article
        Swiss Re sees stable profit
        102 7 SWISS REINSURANCE Co expects group net profit for 1990 to be little changed from last year despite heavy payments after last winter's storms and stock exchange turbulence caused by the Gulf crisis, deputy chief executive Arnold Saxer said in Zurich on Tuesday. The company in
        102 words
      • Article
        BIP to open Tokyo office
        66 7 BANQUE INTERNATIONALE de PLACEMENT (BIP), majority owned by German Dresdner Bank AG, will open a representative office in Tokyo, Dresdner said in a statement in Frankfurt on Tuesday. BIP has been awarded the necessary licence by the Japanese Finance Ministry and will start work before
        66 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 7 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon Forex controls won't hinder KL plan
      384 7 Bemama BANK NEGARA deputy governor Datuk Dr Lin See Yan said in Kuala Lumpur on Tuesday that foreign exchange control regulations would not be an impediment to the proposed development of a financial futures market in Malaysia. Malaysia's monetary policies are tuned to national
      Bemama  -  384 words
    • Article
      Lock icon US banks fight to stave off new accounting rules
      289 7 Reuter US BANKS, dogged by public fears of a repeat of the thrift crisis, are battling to stave off new accounting rules they fear could wipe out much of their net worth at a stroke. The Securities and Exchange Commission (SEC)
      Reuter  -  289 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      95 7 r j I v THE HARDEST P\RT OF GIMNG IS THE GIVING M! Delicate contours endowed wi th 200 years experience. And married wi til the strength of tlie finest tone china, The easiest thing in the world to iall in love with. But oh so difficult to give away.
      95 words
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  • THE REGION
    • Article
      Lock icon Malaysia shows growing interest in China
      439 8 Bernama AMONG developing countries, Malaysia is emerging as a prominent foreign investor in China, with 14 projects involving substantial investments underway, Deputy International Trade and Industry Minister Chua Jui Meng said on Monday. He said foreign investments in China had been rising tremendously and
      Bernama  -  439 words
    • Article
      Lock icon KL's trade surplus plunges by 93pc
      167 8 UPI MALAYSIA'S trade surplus for the first eight months of 1990 dropped 93.8 per cent to US$l27 million from US$2.O4 billion in the same period last year as imports continued to outpace exports. The statistics department said in its latest monthly summary released on
      UPI  -  167 words
    • Article
      Lock icon Viets weaving success in textile exports
      177 8 AFP TEXTILE EXPORTS by public and private companies in Vietnam arc rising steadily, including to capitalist countries, foreign experts in Hanoi say. The private SMX textile firm in Ho Chi Minh City recently signed a contract to provide 300,000 shirts to a Taiwan company,
      AFP  -  177 words
    • Article, Illustration
      Lock icon Thai military 'using coup threats'
      249 8 AFP THE THAI military is using coup threats in an attempt to force Prime Minister Chatichai Choonhavan to reshuffle a cabinet tarnished by corruption allegations, analysts in Bangkok said yesterday. Army chief General Suchinda Kraprayoon warned on Tuesday of fading military support as a row
      AFP  -  249 words
    • Article
      Lock icon HK will see modest growth: economists
      238 8 AFP HONGKONG will expcricncc modest economic growth in the next few years because of the anticipated world recession and local capacity constraints, experts told a conference hosted by the Asian Development Bank in Manila on Wednesday. Economists Win-lin Chou and T B Lin of
      AFP  -  238 words
    • Article
      Lock icon Indonesian star-rated hotels plan to raise rates
      197 8 Bernama ALL STAR-RATED hotels in Indonesia have indicated plans to increase hotel rates one of the highest in the region to offset spiralling operational costs. Industry sources said yesterday that the hotels and restaurants association had yet to be notified of the proposal
      Bernama  -  197 words
    • NOTE BOOK
      • Article
        Help for Thailand in refugee repatriation
        130 8 THE UNITED NATIONS will give US$lO9 million to help Thai military efforts to upgrade a road and three airports in Cambodia, for the repatriation of some 300,000 refugees, a Thai government spokesman said on Tuesday. Mr Suvit Vodmani said the government has approved in
        130 words
      • Article
        Hanoi firm on Spratlys claim
        95 8 VIETNAM on Tuesday reaffirmed its claim to sovereignty over the Spratly Islands in the South China Sea, after reports of Philippine Air Force manoeuvres over the area. A Foreign Ministry spokesman said: "The Spratlys belong to Vietnam." He said the Hanoi government would be willing
        95 words
      • Article
        Aussie population to hit 26m
        81 8 AUSTRALIA'S population will grow from its present 17 million people to 26 million by the year 2031. the Australian Bureau of Statistics said yesterday. Population growth should peak between 1.2 and 1.4 percent during 1989-2001 before falling to between 0.4 and 0.7 per cent during
        81 words
      • Article
        Indo-Viet bike venture
        93 8 INDONESIA'S PT Pada is to supply 2.600 disassembled motorcycles until the end of the year for assembly by the Vietnamese firm Savico. the Vietnam News Agency (VNA) said. Under a recently signed contract. PT Pada is to supply Honda, Vcspa. Suzuki and Hatsuda motorcycles for assembly by
        93 words
      • Article
        Kuwait mission to Manila
        59 8 THE KUWAITI government in exile is sending a mission to the Philippines later this month to seek assurances on its continued recognition from President Corazon Aquino, diplomatic sources said on Tuesday. The four-man delegation, headed by Ambassador Ahmad Fahd Al-Fahd, will meet Mrs Aquino and other
        59 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      219 8 Reverso. Avant-garde since 1931. xa Pure Art D£co LIVES ON IN THIS SPECIAL WHICH BEEN CRAFTED BY OUR */F ■J MASTER WATCHMAKERS FOR MORE MR 3@- SI- $fe 4* yWf"'^ THAN 50 YEARS. W2fr |^^gP% REVERSIBLE JmwTL CASE IS ABSOLUTELY JH3&& UNIQUE. AN EN- j /7^ V7V t'.V CRAVED MONO-
      219 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      375 9 TELECOMS LAUNCHED ITS NEW TELEVIEW SYSTEM WITH son 1C X«5 MONITORS v f BECAUSE A DOT. Teleview from Telecoms. A system that goes beyond giving you THE POWER OF A DOT. After considering a wide range of advanced Sonica technology that instant access to up-to-date information on a broad and
      375 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Productivity boost in third quarter for US
        101 10 NON-AGRICULTURAL US business productivity climbed at an annual rate of 1.6 per cent in the third quarter, its strongest increase in two years, the US Labour Department announced on Tuesday. Productivity, which was up only 0.3 per cent in the second quarter, shot
        101 words
      • Article
        ADB approves Pakistan loan
        62 10 THE ASIAN DEVELOPMENT BANK (ADB) yesterday approved a US$ 150 million concessional loan to Pakistan along with three technical aid grants totalling U551,042 million. The interest-free loan will support the country's agricultural credit programme, in which five nationalised commercial banks are also involved. The ADB loan
        62 words
      • Article
        Tories to hold leadership polls
        103 10 BRITAIN'S ruling Conservative Party will hold a leadership election on Nov 20 if a candidate steps forward to challenge Prime Minister Margaret Thatcher. Party officials in London said on Tuesday that potential candidates would be able to submit their candidatures from today with the closing
        103 words
      • Article
        Costa Rica President in Taipei
        57 10 TAIWAN rolled out the red carpet on Tuesday for Costa Rica President Rafael Calderon who arrived in Taipei on a six-day official visit. Sources said Mr Calderon, on his first trip to the island as the head of state, would seek economic aid and drum
        57 words
    • Article, Illustration
      Lock icon Chinese industrial output surges
      460 10 Largest monthly rise in October, the recovery is fuelled by state credits Reuter CHINA'S industrial output surged in October, posting its largest monthly rise this year, but economists said on Wednesday that the recovery was fuelled by state credits and that high inflation was again on
      Reuter  -  460 words
    • Article
      Lock icon Tourism industry back to normal
      206 10 AFP CHINA'S tourism industry is out of its rut, with turnover totalling US$l.56 billion in the first nine months of the year, official statistics released on Monday showed. The State Tourism Bureau, quoted by the official China Daily, said the sector has returned to normal
      AFP  -  206 words
    • Article
      Lock icon Kremlin official floats treaty idea for republics
      425 10 AP A KREMLIN official has outlined a new treaty to unify the republics that will guarantee civil liberties and the republics' right to secede, while conceding that the plan will fail without the agreement of the Russian republic. "If Russia does not sign
      AP  -  425 words
    • Article
      Lock icon Taiwanese bourse seeing return of trading interest
      321 10 Reuter RISING daily turnover has given fresh hope to Taiwan's beleaguered stockbrokers, who have watched dazzling profits turn into staggering losses over the past year. Dealers and analysts said yesterday that daily turnover, which dropped sharply during the first nervous days of the
      Reuter  -  321 words
    • Article, Illustration
      Lock icon Community ministers happy with final accord
      493 11 EC farm subsidy impasse Reuter EUROPEAN Community ministers all claimed victory after a marathon negotiating session on Tuesday agreed on farm subsidy cuts which should get Gatt world trade talks back on course. On the second day of their seventh meeting in Brussels, the
      Reuter  -  493 words
    • Article, Illustration
      Jesse remains at the helm
      37 11 North Carolina Senator Jesse Helms speaking to supporters after claiming victory over Democratic challenger Harvey Gantt in Senate elections on Tuesday. The contest was among the most publicised in this year's polls.
      37 words
    • Article
      Lock icon Non-aligned group seeking support for 'peace resolution'
      404 11 The Gulf Crisis Reuter SEVERAL non-aligned nations have drawn up what they call a "peace resolution" in an effort to end the Gulf crisis and have canvassed dozens of UN members for support. The draft, promoted by Security Council members Colombia, Yemen, Malaysia
      Reuter  -  404 words
    • Article
      Lock icon Australia and New Zealand dissatisfied with agreement
      265 11 AP AUSTRALIA and New Zealand say the European Community agreement on farm subsidy cuts is insufficient, but they have expressed hope that it will lead to real negotiations on the thorny issue. "We certainly welcome the fact that after weeks of procrastination the
      AP  -  265 words
    • Article
      Lock icon Wary response from Gatt delegates
      205 11 AFP SENIOR Uruguay Round negotiators have reacted cautiously to news from Brussels that European Community countries have agreed on a joint negotiating platform for agriculture. In Geneva yesterday, US Trade Representative Carla Hills withheld any immediate comment. A senior trade diplomat said that the EC
      AFP  -  205 words
    • Article
      Lock icon Blue House talks end crisis in ruling party
      161 11 Reuter SOUTH KOREAN President Roh lae-woo and his party co-leader put a lid on factional strife within the ruling Democratic Liberal Party (DLP) by agreeing on Tuesday to shelve the vexed issue of constitutional revision. In a three-hour dinner meeting at the
      Reuter  -  161 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      508 10 MAKE YOUR |||l|l|l CONNECTION AT I I THE MEGA EVENT HU| AND FIND OUT TnTrTTnT what's current Asia's largest electrical electronics forum November 7th to 10th 1990,11 a.m. 6 p.m. Daily. AAA Changi International Exhibition Convention Centre (CIECCj Singapore INPRO '90 Visit the Mega Event and you will see Asia's
      508 words
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      Page 11 Advertisements Column 1
      290 11 Paying dearly for producing cheaply, Pg 12 FIRST WORD LBP-4 LASER BEAM PRHSTTER Advantage. That's what our LBP-4 is all about. To beat the competition by having the world's most powerful compact laser beam printer at your side. We have equipped it with CAPSL (Canon Printing System Language) the most
      290 words
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  • Article
    Iron feet, slippery world
    530 12 EDITORIAL AS SHE famously said herself, Mrs Margaret Thatcher did not resist the expansion of state interference in Britain only to have it re-imposed by the Eurocrats in Brussels. Is it possible, however, that in her steely resolve to push back the European challenge, the British
    530 words
  • WHAT THE OTHERS SAY
    • Article
      Anvil for Thatcher?
      232 12 OVER THE years, the European Community has taken on a life of its own. But even the construction of the "Chunnel" between Britain and France cannot sway British Prime Minister Margaret Thatcher from her iron resolve to keep British sovereignty out of the reach of Brussels. The
      232 words
    • Article
      Sensitivities and needs
      134 12 THE Speak Mandarin Campaign this year has resulted in a controversy. It could be the overzealous approach of the campaign organisers and the suggestion to allow Chinese primary school pupils to take CLI that led to concern among the minority groups and non-Mandarin speaking Chinese. Both Mr
      134 words
    • Article
      Recent moves in Gulf
      139 12 US SECRETARY of State James Baker recently went on an eight-day trip to consult Arab and European allies on the Gulf crisis. With deployment of troops from the US and its allies to be completed by mid-November and the clear autumn sky and crisp air giving
      139 words
  • REGIONAL VIEWPOINTS
    • Article
      Negative chain reaction
      194 12 THE CURRENT shock waves in the property sector are hardly surprising in light of the extensive, and evidently excessive, speculation that had been fuelled over the last two years. Before Saddam Hussein invaded Kuwait, land prices in Bangkok's outlying areas and selected provincial localities that were primed
      194 words
    • Article
      A case of sour grapes
      206 12 THE BRITISH are crying foul again, this time over Bank Ncgara's manoeuvres on London's foreign exchange market. The Malaysian central bank's recent move to unload a large amount of pound sterling on the market seems to have earned the ire of British banks which have
      206 words
    • Article
      Most repressive regime
      83 12 BURMA HAS a long history of human rights violations, particularly since the 1988 crackdown on the democracy movement, which has been recorded by Amnesty International and other Western organisations. Just for starters, the government has not investigated the thousands of reported killings of students by soldiers during
      83 words
  • Article, Illustration
    Lock icon Paying dearly for producing cheaply
    817 12 New Zealand's economic reforms hold lessons for both East and West Europe The Economist BEING stuck at the bottom of the globe was never much fun; nor is being bottom of the OECD's (Organisation for Economic Cooperation Development) growth league. While other economies have boomed.
    The Economist  -  817 words
  • Page 12 Advertisements
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      476 12 127 &28 Nov A Holiday Inn Parkview, Singapore 29 &30 Nov A Park Royal Hotel, Kuala Lumpu^H 3 4 Dec A Borubudur Hotel, Jakarta I Top international and regional speakers will present Presenting a panel of 16 of the industry's top experts H their papers to meet the challenges ahead.
      476 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY BY GARRY TRUDEAU Ift r&l HEAVCNS! I DON'T KNOW HOW MANY I I MUST HAVE THB MOST WAT A TIM&S IN OUR HISTORY A IOYAL FKM& ON GARTH' DlD*Tu"' i!\ rPl' PUCKL&' HJHW-tN CANDIDQJB HAS J DO YOU MM WHAT ALL Rt/CT^' 066N eem TO CONORBS&, jm, OF YOU
      54 words
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  • ANALYSIS
    • Article, Illustration
      Crusading against the coffer raiders
      1117 13  -  Panama's Vice-President Guillermo 'Indiana' Ford speaks to Harish Mehta about wanting to model his country's trade unions after our NTUC; his plans to 'clean up' business; the return of the Panama Canal; and, of course, Noriega and the drug trade Harish Mehta PANAMA'S Vice-Presi-dent Guillermo
      1,117 words
    • Article
      Lock icon Vietnam: Getting back on its feet
      987 13  -  Lan Macdowall returns to Hanoi after an absence of seven years and finds some striking changes Ian Macdowall Reuter AFTER 45 years of war and sacrifice Vietnam is looking for the good life. "For too long this has been known as Vietnam the heroic,"
      Reuter  -  987 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      10 13 SINGAPORE I BUSINESS A MONTHLY MAGAZINE OF OUSINESS TRENDS MKMMIB3O
      10 words
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      Page 13 Advertisements Column 2
      129 13 V ***** Introducing the German bank that is at home in WestL^^ o^<c«s#> Hong Kong Meltx>u r "e WestLß belongs at the leading role state-of-the-art tech- Treasury And in a the top of your piayed by WestLß nology and personal global network shortlist for corpo- On this sound foun- creativity
      129 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      Swedes to give Japanese a run for their money I
      399 15  -  Electrolux aims to have a bigger share of the 'white goods' market here, reports Chuang Peck Ming Chuang Peck Ming Swedish home appliance giant Electrolux is investing $12 million to open eight showrooms and doubling its advertising expenditure over the
      399 words
    • Article
      Controversial Bodyshop ads win award
      191 15 THE BALL Partnership's controversial campaign for toiletries retailer Bodyshop clinched the silver Max Lewis Memorial Challenge Award in Kuala Lumpur yesterday. The Max Lewis awards honour the best regional public campaigns, and are presented during the biennial Asian Advertising Congress (AdAsia). Fraser Neave group sponsors
      191 words
    • Article
      Lock icon Who will land the TWA account?
      532 15 The airline is talking to a handful of small New York agencies to take over Young Rubicam's job NYT AFTER Young Rubicam resigned the estimated US$45 million Trans World Airlines account about a month ago, the airline searched for another large agency to handle
      NYT  -  532 words
    • Article, Illustration
      An industry undergoes growing pains
      445 18  -  Beijing's budding ad trade is .7 facing problems with people out to make a fast buck. 1 Sangeeta Mulchand talks to China Advertising Association vice-president Jin Guiqi, who was in KL for AdAsia Sangeeta Mulchand AFTER 11 years of relatively smooth and healthy growth, China's
      445 words
    • Article, Illustration
      Lock icon The secrets of advertising to children
      511 18 Children are more sophisticated than most people think, says the Children Television Workshop NYT Advertising to children is anything but child's play, and the Children's Television Workshop (CTW), which produces "Sesame Street" and a number of children's magazines, wants to help advertisers learn the
      NYT  -  511 words
    • Article
      Japanese tipped to be next Ad Asia head
      433 18 COPY LINES THE NEXT chairman for the Asian Advertising Congress to be held in Tokyo in 1993 is widely tipped to be Saborusuke Suzuki, regional advertising publication, Media, reported yesterday. Mr Suzuki is currently chairman of the Japan Advertising Federation. He is
      433 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      309 15 ADVERTISEMENT CURRENCY, MONEY FUTURES MARKETS i nrrrrarwamni^— IWTEIgST KATE omows Market takes a dive in nervo s > r cumehcy ranges OPTIONS Cross rates Iwterbaafc rates d y e Broker rates US$/S$ forward rates 4 O I 3 i Cross rates Interbank rates a 9 4 6 s 7 7
      309 words
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  • The world's most exquisited's most exquisite jewellery
    • Article, Illustration
      A 100-year-old family legacy
      464 16 VISIT Bologna for Italy's popular spaghetti dish, Venice for Murano glassware and Bvlgari for the world's most exquisite jewellery. Bvlgari, subtly distinguished from its founder Sotirio Bulgari by the Roman V, began life in Italy's historic city of Rome as a modest shop at Via Sistina
      464 words
    • Article
      The philosophy behind the products
      651 16 "A woman who has worn Bvlgari feels naked without it." This curious phenomenon is experienced by women all over the world, once they have tried on the Italian jewels which tend to be "slightly heavier" than their average counterparts in town. Bvlgari jewellery exude a
      651 words
    • Article, Illustration
      Untitled
      51 16 I ricolour gold tubogas bracelet with one bronze antique coin Bijou watches in yellow gold and or gold and pave diamonds 'Antalia' watch in 18ct gold with gold bracelet and leather strap Portrait table cl<»ck; traul alarm clocks in gold and >>teel r Fountain pen, gold-plated or black Silver-plated Trifoglio'
      51 words
    • Article
      Where pampering is a pleasure
      447 17 THE SOFT lights and curvy interiors of the Bvlgari boutique seduce and entice all who venture into its treasure alcoves. A uniformed doorman smiles as he ushers you into the fantasy world of glittering jewels and ornaments. You are free to wander from one glass
      447 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      124 18 MYTH By advertising in The Straits Times, you reach out to Berita Harian readers as well. FACT Research shows that 140,000 (70%) Berita Harian readers do not read any other newspaper. Even among the English-literate Malays, only about half of them read The Straits Times. Using The Straits Times alone
      124 words
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  • SPORTS
    • Article, Illustration
      Lock icon Chang scores first pro shutout
      512 19 Wembley Indoor Tennis Tournament AP MICHAEL CHANG recorded his first shutout as a professional tennis player on Tuesday, defeating Australian Mark Kratzmann 6-0, 6-0 in a 40-minute display of power and quickness. Chang, defending champion of the Wembley indoor tournament, gave up just three points
      AP  -  512 words
    • Article, Illustration
      Brilliant tactical play by Harold
      599 19  -  By Paul Ramani PATIENCE was the key to David Harold's 9-7 victory over fellow Briton and world number one amateur player, Stefan Mazrocis, in the final of the Singapore Charity Snooker Open championship held at Kallang on Tuesday. Harold, 25, and ranked third in the
      599 words
    • Article
      Lock icon Carranza, Bailon tie for lead
      137 19 AP MEXICANS Alberto Bailon and Ignacio Carranza held the lead on Tuesday at the end of the fourth leg of the Tour de Mexico bicycle race. Bailon covered the 190km distance from Saltillo to Zacatecas in 6:11:16 with Carranza 7 seconds behind. Mexican Miguel Arroyo,
      AP  -  137 words
    • Article
      Lock icon Australians overwhelm English players
      143 19 AFP A TRIO of top Australians reached the second round of the World Open on Tuesday, as Brett Martin, Tristan Nancarrow and Chris Dittmar carved up England's emerging squash talent in Toulouse, France. The formidable Australian squash machine conceded only two games in three matches, as
      AFP  -  143 words
    • SIDE LINES
      • Article
        Gunnarsson topples top seed Gomez
        89 19 UNSEEDED Jan Gunnarsson of Sweden upset top-seeded Andres Gomez of Ecuador 6-2, 6-4 on Tuesday at the Kremlin Cup tennis tournament in Moscow. Emilio Sanchez of Spain, seeded second in the U*****,000 tournament, came from behind to defeat countryman Francisco Clavet, 5-7, 6-2, 7-6. Gomez,
        89 words
      • Article
        It's an official rejection
        109 19 THE International Tennis Federation on Tuesday officially rejected Australia's appeal against the times for the Davis Cup final against the US in Florida later this month. The appeal was turned down by the ITF management committee meeting in London. ITF president Philippe Chatrier sparked off anger
        109 words
      • Article
        Uzielli golfer of the year
        76 19 ANGELA UZIELLI, who was SO when she won the English championship at Rye in May, was named woman golfer of the year in London on Tuesday. She is the oldest player to win the English title and the housewife, a play-for-fun golfer, also won the
        76 words
      • Article
        South Australia wins toss
        54 19 SOUTH Australia Country XI won the toss and, despite what looked a perfect batting wicket, invited England to bat in a declaration match in Port Pirie, South Australia, yesterday. After the first hour, England were 69 for no wicket after 18 overs, with Larkins 46 not
        54 words
      • Article
        Marcelino stuns Aguilera
        94 19 BRAZIL'S Danilo Marcelino stunned top-seeded Juan Aguilera of Spain with a 7-6 (7-4), 6-3 win on the second day of the U*****,000 Citibank Open tennis tournament in Itaparica on Tuesday. Aguilera, ranked 18th worldwide by the Association of Tennis Professionals, had trouble with Marodino's aggressive net play
        94 words
      • Article
        April 19 it is
        100 19 EVANDER HOLYFIELD will defend the heavyweight title against former champion George Foreman at Trump Plaza in Atlantic City, New Jersey, on April 19. Final details for the fight were completed on Tuesday, according to promoter Dan Duva. Trump paid a reported US$lO million to US$l2 million
        100 words
      • Article
        Piatt to play for Britain
        84 19 WIGAN forward Andy Piatt has been named in the Great Britain side to face Australia in the second Test in Manchester on Saturday. Piatt comes into the side at prop with Paul Dixon of Leeds moving into the second row and Headingley team-mate Roy Powell
        84 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      72 19 lifilll INSTITUTE OF CERTIFIED PUBLIC I ACCOUNTANTS OF SINGAPORE I FINANCIAL LITERACY FOR I NON-ACCOUNTANTS! I FINANCIAL ACCOUNTING I MANAGEMENT ACCOUNTING I FINANCIAL MANAGEMENT I PRINCIPLES OF MANAGEMENT I The next evening course will commence in January 1991. I For information on enrolment please contact:- I The Institute of Certified
      72 words
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      Page 19 Advertisements Column 2
      250 19 NOTICES THE COMPANIES ACT, CAP. M VISYMONDE INVESTMENTS PRIVATE LIMITED (la Members' VtluUry Wtaitag-Up) At an Extraordinary General Meeting of the Company held at 50/F Hopewell Centre, 183 Queen's Road East, Hong Kong on 6th November, 1990, the following special resolutions were passed: (I) that the Company be wound up
      250 words
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      Page 19 Advertisements Column 3
      357 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF UNIT INVESTMENT LTD. (In Membera' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 36 Robinson Road *13-01 City House Snoapore 0106 on
      357 words
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      Page 19 Advertisements Column 4
      295 19 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, PACIFIC INTERNATIONAL LINES (PRIVATE) LIMITED, of 140 Cecil Street, #03-00, PIL Building, Singapore 0106, hereby give notice that In consequence of our Intended purchase, we have applied to the Registrar of Singapore Ships under Section 386 of the Merchant Shipping Act
      295 words
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      Page 19 Advertisements Column 5
      194 19 IN THE MATTER OF TOE COMPANIES ACT (CHAPTER M) AND IN THE MATTER OF PRINTCRAFT SALES PR LTD (li Menken* Vetatary I hrt NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the abovenamed Company will be held at Unit
      194 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      253 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word-of-mouth. t" For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, 330 8310 or 338 8585 ext
      253 words
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      Page 20 Advertisements Column 2
      331 20 DELICIOZO HYATT Mama Mia! 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 ever popular salad bar $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      331 words
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      Page 20 Advertisements Column 3
      299 20 It's Oldies but Goodies with the Velvets. v A talented >t Head for will keep you Club 5 and spellbound with journey back to their repertoire of ?°°d e days! oldies every weekday. 6to 8.30pm. t' z f dub,s Happy Hours are still on m p from sto Bpm (Mon
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      Page 20 Advertisements Column 4
      428 20 >>4 Oui! The best of French cuisine in one sitting. Pates, C N terrines, escargots, canard a l'Orange, souffles and over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm
      428 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      732 20 TELEVISION AND RADIO ■m w*a v 1 1 "■•■•■■■wwiimkh ma inu «im«" »*»»*«»•■*■■■■■■■■■■■■MMMaMMMMaMaMt'amani -.«»««> ■■<«.. »mw.«n«nMiii i rnmmmmmmtmmmmmmmiamtm Tk 1 11 SBCI2 I 9.00 News at Nine. 7.00 CaMo News NM. BUSINESS ON RADIO O OH/i IVII7 rl Orl &BOIZ 9.35 Beauty and the Beast The 7.25 Denver the Last
      732 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Still on his own trip
      883 21  -  Robert Seidenberg writes about Robert Altman's latest venture a film on Vincent van Gogh and his brother Robert Seidenberg NYT ON THE one hand, Robert Altman is the perfect filmmaker to interpret the life and death of Vincent van Gogh, an artist who travelled to
      NYT  -  883 words
    • Article, Illustration
      Lock icon No more furtive capitalism classes in Moscow
      638 21 NYT Night school has commenced at Moscow State University, and brilliant malcontents are plotting oligopoly and other coups de grace for communism. The Soviet Union's pioneer class of MBA candidates in capitalism is hitting onceforbidden books, gratefully absorbing Western economics by the chapterful,
      NYT  -  638 words
    • Article
      Saul Bellow to be honoured with medal
      477 21 CHATTERBOX l SAUL BELLOW has won three National Book Awards, more than any other writer. So on Nov 27, the National Book Foundation, which sponsors the awards, will give him its medal for distinguished contribution to American letters. Bellow won National Book Awards
      477 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      254 21 AND ENTERTAIN FROM 5 23 NOVEMBER 1990 &ood'Sfestioal us dfriU In the candlelit ambience of a hunter's lodge, enjoy goose, veal, venison, trout and more. Delicately flavoured, deliciously prepared Viennese style. 16 Nassim Hill. Reservations: 732 1222 Ext 1582/159/ Businessman s Luncheon: 12 noon Co 2.30 pen (Mon hri). Dinner:
      254 words
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      Page 21 Advertisements Column 2
      41 21 Chinese cuisine,Tßy flavoured \jjjl best of Thai. /jfrj/r Oxer 120 mouthwatering specialities an arra y°f irresistible Thai **(y 'r 583 Orchard Road 101 Thomson Road #01-16 Forum Gaiteria #61-55 United Square Singapore 0923 Singapore 1130 Tel 732 5688 Tel 252 5830
      41 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices continue south in directionless trading
      4626 22  -  By Diana Oon SYARIKAT Telekom Malaysia's (STM) debut on the Kuala Lumpur Stock Exchange yesterday attracted a lot of interest from Singapore investors. One broker said that STM "completely dominated attention on the bourse" yesterday. At an issue price of Mss, interest in the
      4,626 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3856 23 Main Board S1A Foreign 1320 +10 0.8% SPH Foreign 940 +10 +1.1% Prima 530 +10 +1.9% CK Tang 273 +3 +1.1% UE 176 +3 +1.7% M Credit 155 +3 +2.0% KHJC 10* 61 +3 +5.2% Shangn-La 500 +2 +0.4% Spore Bus 500 490 2 +0.4%
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      104 24 Company Date Year Group Net Net earnings Gross ann to profit/toss (L) per share dividend (OOO) (cents) GR Goh No* 5 Jun 90 $8,167(-) 4 l(-) 5(-) FAI Ins No* i Jun 90 AJ18,237($60,043) 80(27.1) 90(90) Centrepoint Oct 30 Jun 90 114.453(18.599) 5 4(3.2) 58(2) Cold Storage Oct
      104 words
    • Article
      PRELIMINARY RESULTS
      98 24 Company Date Year Group pre-tax Net earnings Crest ann to profit/loss (L) per share dividend ('000) (cents) EMS No* 6 Jul 90 $20,6091 ($6,236) -(9.3a) 3TE(2 3TEa) CI Holdings Oct 29 Jun 90 M$19.466(M$5.091) 27(99) 10(-) Cerebos Oct 19 Jul 90 *70.015($63.H3) 12.6(113a) 20TE(9TEa) SBS Oct 11 lun
      98 words
    • Article
      INTERIM RESULTS
      360 24 Company Data HaM-year Group pro-tax Interim anil to profit/loss (L) dividend (000) George Rent Oct 31 Jul 90 M$2,556($l,938) 4(3) General Corp Oct 31 Jul 90 M$5,134($l,145l) Hex/a Corpn Oct 31 Jul 90 M$l,391 ($2,806) lacks Int Oct 31 Jul 90 $326($1,233) !ohan Hldgs Oct 31 Jul 90
      360 words
    • Article
      DIVIDENDS ANNOUNCED
      779 24 Current Ex Books Date Total tar Total for payment date dose payable the year last year Acma 51 IE (I) Oct 19 Oct 31 No* 15 5*TE MSB 101(b) tan 4 lan 18 Jan 28 10% 121 Antah 61(b) Nov 22 Dec 6 Dec 28 61 61 Awno
      779 words
    • Article
      CORPORATE DEVELOPMENTS
      394 24 Nov 6 Centrepoint Properties Ltd received approval from the Urban Redevelopment Authority to add another 11,000 sq m to its Orchard Road flagship building. First Capital Corporation's proposed As22m purchase of Australian broking and real estate group Jarden Morgen Holdings, signed on June 27, has lapsed on Oct
      394 words
    • Article
      RESULTS DUE
      674 24 Singapore Stocks Last Full Year C<mp*i Period IM, 1tm Net EPS Gran Net mnareed endhg (cents) dt* profit w rt» (rooo) Leon( Wwm Mar 30 fee 89 5351(h) SW Interim Oct 29 Mar 91 188 4 35 0 1.200 600 So* land Fnal Nov 3 Aug 90 64(a)
      674 words
    • Article
      APPROVED ISSUES
      406 24 Company Rights Issue Emin One tor one MSI 00 per share Ex-date Nov S Books dose Nov 19 Acceptance Payment NYA MB*** One-tor two M$5 00 per share Ei-date Oct 24 Books dose Nov 7 Acceptance Payment NYA MB) Hdp few-tor ten fe MS 100 per share Eidate
      406 words
    • Article
      BONDS, LOANS & WARRANTS
      704 24 BONDS, LOANS WARRANTS Cmhpny CtMniM piiM CtmnlM torn tor mm Mdtowy ttare CAC Nt Before 26/4/93 1 warrant plus S3 09 cash Cauwway I UN Cauwway Nl 2/10/89 to 20/10/94 1 warrant phis SI cast) or 1 warrant phis SI nominal amount of loan stock. OkmHMMM Own >M> Nl March
      704 words
    • Article
      RECORD HIGHS & LOWS
      140 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 tati *****3 (16/7/90) 1*0 N(h: 1607.12 (27/3/90) 1990 km: 985 17 (11/10/90) JJjO tar 1079 50 (11/10/90) 1919 hifh: *****0 28/12/89) Jf «776 (26/12/89 1989 tor ***** (4/1/89) 1919 tar. 1030 69 (4/1/89) 19tt Mv 1043 86 (8/8/88) 1988 Nfh:
      140 words
    • Article
      PROPOSED ISSUES
      477 24 Company Rights Issue Mean One kx two (a, MJ1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (rf MJO 10 each at MSI per share wth 10m detachable TSR Wfai One-tor tour MS2 00 per shaft Cm Five lor tour fe MM 00 per start FM8
      477 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      101 24 "I buy The New Paper for the good coverage of sports. I feel that the sports is well covered." A reader quoted in the latest survey on The New Paper by Singapore Press Holdings' Research Information Department. October /990 ju-AsiAbiiawvits -> WQ BAGCtO BLAST Jtmtk IATAUUU UrtollMKllllH*. I KSSSSBtk 1
      101 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Telekom makes bullish debut amid quiet trading
      3864 25 Bemama TELEKOM Malaysia was the focus of attention in its debut on the Kuala Lumpur Stock Exchange yesterday as share prices drifted to a lower close in quiet trading. The KLSE composite index slipped 1.65 points to 475.65 and the industrial index fell
      Bemama  -  3,864 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      439 25 THE POWER OF THE VISIONARY LEADER The visionary leader. What is this power he possesses that is so evocative? Is this power |R W something one is born with, or can t^T JHk |f *^Npjf one actually learn it? Find out at the Singapore Business r Luncheon Talk. To enlighten
      439 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon War fears and scandal discourage investors
      2242 26 Reuter TOKYO STOCKS yesterday closed lower as rumours of war in the Gulf and scandal depressed a market already slumping on lower oil prices and a weaker yen in New York on Tuesday. A few issues attracted buying but the broader market remained generally
      Reuter  -  2,242 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Diffidence perpetuates featureless trading
      2235 26 Reuter SHARE PRICES yesterday closed lower in featureless trading as Gulf crisis jitters kept investors on the sidelines, brokers said. The Hang Seng index slid 11.52 points to 2,955.19. Brokers said light late overseas buying of Cheung Kong boosted the Hang Seng index from an intraday
      Reuter  -  2,235 words
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  • REGIONAL STOCK MARKETS
    • Inflation data boost Aussie, NZ shares
      • Article
        AUSTRALIA
        847 27 AUSTRALIAN shares yesterday closed sharply higher, boosted by the release of weaker than expected September quarter Consumer Price Index figures. Brokers said the market relished the 0.7 per cent CFI quarterly rise, making an annual rate of 6 per cent, although institutional investors remained relatively quiet. "The market, at
        847 words
      • Article
        NEW ZEALAND
        320 27 LEADING New Zealand shares regained much of Tuesday's heavy fall in an encouraging but fragile market which brokers said was boosted by better than expected Australian inflation data. "The main motivating force was the CPI in Australia which had a helping effect on dual listed stocks," said Mr
        320 words
      • Article
        BANGKOK
        667 27 SHARE PRICES moved in a narrow range to finish mixed in light trade due to an absence of fresh factors, brokers said. The SET Index rose 0.36 point to end at 662.25 in volume of 1.7 billion baht. Losers led gainers 95 to 47. Most active were Siam City
        667 words
      • Article
        TAPEI
        376 27 TAIWAN stocks opened lower but soon surged as strong financials drove the market higher, dealers said. The weighted index gained 222.17 points, or 6.4 per cent, to reach 3,689.87 compared with Tuesday's 3,467.70 close. Turnover was about NT549.4 billion against NT569.9 billion. Brokers said slight selling at the opening
        376 words
      • Article
        SEOUL
        887 27 SEOUL STOCKS yesterday recovered much of the ground lost in erratic trade over the past week on news that the leaders of South Korea's ruling party had agreed to a compromise to end recent factional struggle, brokers said. The composite stock index shot past 710 in the morning to
        887 words
      • Article
        JAKARTA
        527 27 JAKARTA STOCKS closed barely changed with the official index inching down 0.57 point to 414.51 in dull trade, with few transactions of any size, brokers said. Bank Duta, one of the most active shares on the regular board, traded in a 200-rupiah range around its opening price of 4,500
        527 words
      • Article
        MANILA
        525 27 SHARE PRICES closed lower on caution ahead of talks in Manila on the future of US military bases in the Philippines, and President Corazon Aquino's departure for Tokyo next week, brokers said. The Manila Stock Exchange composite index closed at 608.37 points, down 4.12 from Tuesday. "People are not
        525 words
      • Article
        Untitled
        411 27 Close Previous No* 7 SYDNEY All Ordinaries Index 1335.0 1.317.8 +17.2 Alllndustrials Index 1.995.2 1.968.0 +27.2 All Kesources Index 821.5 812.0 +9.6 Turnover (million) 125.75 48.0 f 77.75 BANGKOK SET Index 662.25 661 89 +0.36 Turnover (million) NA 46.62 JAKARTA Composite Index 414.51 415.08 -0.57 Turnover (nearest 000) 1500 NA
        411 words
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  • WORLD STOCK MARKETS
    • Rising gold and oil prices depress Dow
      • Article, Illustration
        NEW YORK
        878 28 WALL STREET stocks closed lower on Tuesday as gains in both oil and gold prices, as well as a weak bond market, kept steady pressure on stocks. The Dow Jones industrial average closed down 17.08 at according to early, unofficial figures. In the broader market, advancing stocks matched
        878 words
      • Article, Illustration
        LONDON
        753 28 SHARES yesterday stood near the day's lows around midsession after a number of brokers' downgradings depressed a lacklustre market. By 1305 GMT the FTSE index was 11.8 points off at 2,058.0 after a low of 2,056.0. Turnover was a modest 240 million shares. "There was no incentive to push
        753 words
      • Article
        FRANKFURT
        208 28 GERMAN shares yesterday dropped 1.9 per cent, but finished about their intraday lows in thin, but nervous, trading. It was the seventh session in the last nine that the market has declined. The 30-share DAX index fell 27.09 points to 1,371.15. The DAX had dropped as low as 1,365.18
        208 words
      • Article
        ZURICH
        386 28 SWISS shares were lower at midsession yesterday in moderate trading following easier share prices in Frankfurt and Tuesday's 17-point fall in New York, dealers said. The SMI index of leading shares fell 18.1 points, or 1.30 per cent, to 1,369.7 and the All-Share SPI index fell through the 900
        386 words
      • Article
        STOCKHOLM
        176 28 PRICES on the Stockholm bourse yesterday slid further in subdued early trade marked by a few dominating deals pressuring the all-share index, dealers said. By mid-morning, the bourse general index had dipped 1.01 per cent to a new year-low of 867.29 in turnover of 191 million crowns. Blue chip
        176 words
      • Article
        TORONTO
        297 28 TORONTO stocks yesterday closed flat, with blue chips losing midday gains after gold prices eased from session highs and oil prices edged higher, dealers said. Mt's election day in the States... so the market was in a very dull state," said analyst Joe Ismail of Security Trading Inc. The
        297 words
      • Article
        PARIS
        264 28 FRENCH share prices yesterday fell sharply by midsession as arbitrage between stocks underlying the CAC-40 index and options on these stocks pulled the wider market down, dealers said. The CAC-40 index dropped 30.99 points or 1.92 per cent to 1,582.50 at 1226 GMT. It opened above the 1.600 psychological
        264 words
      • Article
        MILAN
        258 28 ITALIAN shares shed over 2 per cent to send the index down to a new low for the year, with leading blue chips losing more than most, brokers said. A combination of negative factors in an already vulnerable market fuelled the selling, with the thinness of the traded volume
        258 words
      • Article
        AMSTERDAM
        454 28 DUTCH shares yesterday continued lower in thin midsession trading after falling early in the morning in line with bourses abroad and a prevailing lack of interest in doing business, dealers said. "Who on earth wants to enter the market as long this Gulf crisis continues?" was the rhetorical question
        454 words
      • Article
        Untitled
        439 28 INDICES TURNOVER Nov 6 (low Pro i« mis NEW YORK l)o» Jones 2 485 15 2 502.23 17.08 NYSE Financial III oo S&l' 500 ill 62 314 59 -2.97 Turnover (million) 142 147 5 -5.5 LONDON Financial Times V) 1598 9 1.58) II 17.8 FTSE 100 2069 8 2.050 12
        439 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      27 28 The reports for Johannesburg, Vienna and Brussels were not available Vienna prices were not available A lively way with words mm AvaMabla at at good bookshop* Publications
      27 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback steady against mark, yen in early European trade
      1244 29 FOREX MARKET REPORTS THE US DOLLAR was seen holding broadly steady against the mark and yen in European morning trading yesterday with no new factors to push it lower since Republican losses in the US mid-term elections were as expected, dealers
      1,244 words
    • Article
      INTERBANK FOREX RATES
      389 29 Crass rates Nov 1 USS SS M$ Dm Yen SFr AS NZS USS 1.7020 2.7010 1.4910 128.15 0.5085 1.2525 1.2755 1.6300 SS 0.5875 1.5870 0.8760 0.7529 0.2988 0.7359 0.7494 0.9577 MS 0.3702 63.01 0.5520 0.4745 0.1883 0.4637 0.4722 0.6035 Dm 0.6707 1.1415 1.8115 85.95 0.3411 0.8400 0.8555
      389 words
    • Article
      MONEY MARKET
      559 29 Interbank rates SS Bid Offer Overnight 6 3/16 6 5/16 1-month 6 9/16 6 11/16 2-month 6 5/8 6 3/4 3-month 6 5/8 6 3/4 Overnight mode: 6-9/16 US$ Bid Offer 7 days 8 8 1/8 1 month 7 15/16 8 1/16 2 months 8 1/16 8 3/16
      559 words
    • Article
      Lock icon Bank of England allows overnight rate to hit 40pc
      524 29 Reuter UK OVERNIGHT money rates were forced up to 40 per cent bid in the afternoon session on Tuesday after the Bank of England left a shortage of £450 million, dealers said. "By allowing overnight rates to go that high they
      Reuter  -  524 words
    • Article
      FINANCIAL FUTURES
      1218 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.05 92.07 9102 92.06 8691 ***** 3024 Mar 91 92.34 92.38 92.32 92.36 9239 8385 1965 Jun 91 92.34 92.36 92.32 92.35 2455 4246 701 Sep 91 92.20 92.22 92.19 92.21 655 947 89 Dec 91
      1,218 words
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  • COMMODITIES
    • Article
      Lock icon KLCE details expansion plans
      437 30 Reuter THE Kuala Lumpur Commodity Exchange (KLCE) plans to start trading in tin warrants and revive inactive rubber futures contracts. It also plans to move into financial futures, raise volume and liquidity of its existing contracts and seek wider foreign interest, said KLCE chief executive Syed
      Reuter  -  437 words
    • Article
      Lock icon Chicago Mercantile Exchange looking into rouble contract
      312 30 Reuter CHICAGO Mercantile Exchange (CME) officials, fresh from a visit to Moscow, said they were turning their minds to a contract denominated in roubles, even though the Soviet currency is still a long way from being convertible. A CME delegation signed cooperation agreements
      Reuter  -  312 words
    • Article
      HK gold ends lower on speculative selling
      863 30 REPORTS GOLD closcd lower in moderate trade in Hongkong yesterday on late speculative selling after Europe opened. Dealers said bullion softened mainly on easier crude, silver and platinum prices. There was a good two-way trading yesterday, a local dealer said. Bullion fell „to
      863 words
  • Article
    PRICES
    1401 30 Rubber Nov 7 MS (Ml In Sccnts/kg Noon Close Im I RSS Prompt 152 50/I53.50N 152.50/153 SON Inl I RSS Dec 90 152.75/153-25 152.75/153.25N Int I RSS Jan 91 152.75/153.25 152.75/153.25N Int 2 RSS OP 148.50/150.SON 148 50/150 SON Int 3 RSS OP 143.50/145.SON 143 50/I45.50N Int 4 RSS
    1,401 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      849 30 NOTICE NOTICE IS HEREBY GIVEN that, I, Tan Hock Ley of Blk 176 Bt Batok West Ave 8, #12-313, Singapore 2365, have applied for a Retail Beer Shop licence in respect of premises at M/s G. S. Mini-Mart at Blk 424 Bt Batok West Ave 2 #01-233 Singapore 2365, and
      849 words
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      Page 30 Advertisements Column 2
      9 30 Managers must manage. BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1042 31 City FUgM ETA Flight ETD Abu Dhabi GA975 1125 KL840 2115 GA887 1225 KL839 1455 Adelaide SQ228 1900 QF5 2000 Amsterdam SQ23 0740 GA894 0010 GA975 1125 KL840 2155 KL839 1455 SQ24 2215 SQ23 1815 Athens 0A472 0050 Auckland NZ24 1825 BA11 1455 NZ26 1950 B
      1,042 words
    • Article, Illustration
      Take a lead from the Madrilenos
      763 31  -  POSTCARD FROM MADRID By Isabel Soto Madrid no longer offers the bargains it used to. A booming eeonomy. membership in the European Community and the strong peseta have pushed prices up to levels comparable to Paris or London. Gone are the luxurious four-star accommodations
      763 words
    • Article
      MONEY CHANGER RATES
      151 31 As at 3pm yesterday: dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.336 1.346 Canadian dollar 1.455 1.47$ NZ dollar 1.035 1065 Sterling pound 3.335 3.365 US dollar ***** 1.7080 local dollar* to 100 units of foreign currenc) Austrian schilling 16.00 17.00 Hclgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      65 31 Duration Title Venue Organiser Tel Duration Title Venue Oqjaniscr Tel Nov 7-11 International Italy Torino (*>116*9 Nov \\-\H Hth Plastio, A Tokyo JP Fair 03-*****57 Ne* FevhnoU«.es l.sposi/on, Kuhher Fa r s *x,ation Innovations Fair Sp A Nov 14-20 International Paris Sopros-Blenheim 1/*****000 Technical Nov 12-15 l
      65 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      7 31 Executive Jobs every Saturday in Business Times
      7 words
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      Page 31 Advertisements Column 2
      155 31 X. V" i* k%IL ?i S> 1 Sale By Tender PRIME INDUSTRIAL PROPERTIES IN PETALING JAYA SUBANG JA YA > J jalan 242 Petalingjaya !JL am Wi .and Area 59,595 sq. ft. I Built-up 53,476 sq. It. gp Gross Annual Income M 5780,924 MHpi J Expiration of Present Tenancy By
      155 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      308 31 1 Obliging a fellow with a ———L_J—— mJ—Lh 5 First of history papers put j out, possibly (7) 9 Noble family doctors ~IBB""■H~ ~1^H~~ 10 Letter from Greece carried To I I I I by Cypriot airline (4) People waiting to see gar- 14 dens here, reportedly (5) --—Hi ML_JHL__^H_
      308 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      217 31 Singapore Outlook: Showers over man) areas in the pre-dawn hours and earl) morning. Forecast: Maximum temperature 31.4° C Assoc humidity 63% Minimum temperature 25.0° C Assoc humidity 87% Hours of sunshine 5.90 Rainfall in mm... Nil Rainfall this month 73.6 Rainy days this month 4 World Forecast Asia-Pacific Hi/Ix>* (ond.
      217 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      52 31 (HOWJ mocH f) /NOW wwetfe DO ■twis is Ridiculous... ue t CHe^u^y ONLV Ger PkN HOUR POS LUNCH 7--— RND we've &€j£N STPJNDIN& IN I U Pl(.CU^=rv--^r»-~_ rtos Queue. roe rj N routes..../ [Jh3 585 a....) ~3\— C &K (sl£A iSWi >£/v^Pi^^ ifgP 61 O EVENING STANDARD CO. LTD-. 1962-19
      52 words
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  • Article
    Lock icon Jakarta resolved to keep inflation at single digit
    287 32 AFP THE INDONESIAN government said yesterday that it is resolved to keep inflation, which has already hit 9.14 per cent in the first 10 months of this year, in single digits even if it means slower economic growth. "It is better to
    AFP  -  287 words
  • Article
    Garuda to fly between S'pore and Vietnam from next week
    301 32  -  By AJ Leow INDONESIA'S Garuda Airlines will become the first Asean carrier to fly between Singapore and Vietnam from next week. The airline has been granted rights to stop over in Singapore by the Civil Aviation Authority of Singapore for
    301 words
  • Article, Illustration
    Lock icon Democrats retain control of US Congress
    299 32 Agencies VOTERS convinced that America is tumbling into recession kept Congress firmly in Democratic hands in Tuesday's elections. Political warning flags appeared to be flying for US President George Bush and his Republican party not because the Democrats made great gains in Congress they
    Agencies  -  299 words
  • Article, Illustration
    Transport companies haven't told the whole story
    768 32  -  The Bottom Line YONG POW ANG YONG POW ANG The writer is a correspondent with BT NASI LEMAK at the Bedok Swimming Pool canteen now costs $1.20, up 20 cents. "You know," said the lady who sells it, "my bus fare has gone
    768 words
  • Article
    Lock icon Talks on Cambodia start tomorrow
    113 32 AFP SENIOR OFFICIALS from 12 countries are to meet in Jakarta starting tomorrow to draft an agreement to end the 12-year war in Cambodia. But the meeting will exclude those with direct stakes in the outcome the four warring Cambodian factions and Phnom Penh's communist
    AFP  -  113 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      98 32 PlvgeT IMIJER EN mmXHtIE DlTl IS 1X74 GENEVE Br K '■Br x"S»>» ft (3ERRUTIIBBIITUM39 MEN'S BOUTIQUES 83UyiTUOH 2'MHM *01-IS The Paragon, Ovhard IWI Tel: 2?S I *SS #02-S4 K> Wisma Atria. CVharJ Ro»J Tel: 7M '»V*> #01-4S Forum (i.ilUri.i, IV h.irj Road Tel: 7" IHK2 LADIES' BOUTIQUE HUQITUOfI 'BHIQAJ <02-H
      98 words
    • Advertisement
      Page 32 Advertisements Column 2
      164 32 PlygeT jmnjjEß mimuxMiE mm m genSve Ov d SJ Jm Best HeStaurants Ji 1991 v v\ tL Ranked among Tatler s Vv 100 Best Restaurants in Singapore. And praised by food connoisseurs for serving the best Ikan Pepes (grilled 1 1 fish in banana leaf) in town. I nPtIP rlfP
      164 words
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  • Shipping Times
    • Article, Illustration
      UPS unit II Morrow to set up IPO in S'pore
      421 33  -  Assembly plant may be set up here By Malini Tambyah NAVIGATION and communication equipment manufacturer II Morrow Inc is thinking of opening an assembly plant in Singapore. While that is the long-term objective, the subsidiary of United Parcel Service (UPS)
      421 words
    • Article
      Lock icon Major Asian airlines to raise fares to cover rising fuel costs
      446 33 AFP MOST OF Asia's major airlines will soon announce fare increases to pay for profiteating fuel costs. A poll of regional carriers found those in four countries Australia, Japan, Taiwan and India were applying immediately to raise fares and
      AFP  -  446 words
    • Article, Illustration
      Mobil charters new bunker vessel
      264 33  -  By Selva Kumar MOBIL Oil Singapore has upgraded its bunkering fleet with a new 5,000 deadweight tonne vessel chartered from Singapore shipowner. Ocean Tanker. Built at a cost of $9 million, the Ocean Prestige will be the largest of Mobil's five bunkering vessels, with 40
      264 words
    • Article
      M'sian operations likely to be up 130 pc
      237 33  -  By Othman Abu Bakar UNITED PARCEL Service (UPS), the world's largest package delivery company, expects its revenue for Malaysian operations this year to grow by 130 per cent over 1989. Its regional marketing manager for Western Pacific rim, Mr Gregory L Dohm,
      237 words
    • Article
      C Itoh wins PSA's $95m crane deal
      341 33  -  By Selva Kumar THE PORT of Singapore Authority has awarded a $95 million contract to Japan's C Itoh Co for eight quay cranes for the Brani Container Terminal. The cranes are part of the equipment being acquired for the new ultra-modern Brani Container
      341 words
    • Article
      Lock icon Uniglory to start Vietnam box service
      129 33 Reuter UNIGLORY Marine Corp a subsidiary of Taiwan's Evergreen Marine Corp, the world's largest full container operator, will start sailing between Taiwan and Vietnam in December, company president Lee Mun-chi said. He said Uniglory would initially use a 520-TEU container vessel to carry mainly
      Reuter  -  129 words
    • NEWS SUMMARY
      • Article
        Gearing up for more competition
        26 33 AS DEMAND for portable phone services grows, governments will be pressured to open telecommunication networks to allow more competition Page 2
        26 words
      • Article
        Liverpool all set for European trade
        40 33 BRITAIN'S port of Liverpool, in north-west England, has turned the tide after many years of decline and is preparing to handle more trade after a single European market is created in 1992 Back Page
        40 words
      • Article
        British Telecom, MIC to build cable link
        38 33 BRITISH TELECOM ard the United States' MCI Communications Corporation announced plans on Monday to build a high capacity trans-At-lantic fibre optic cable link to be in operation by 1993 Back Page
        38 words
      • Article
        BA considers airline in Berlin
        24 33 BRITISH AIRWAYS pic (BA) is examining the possibility of setting up a new German airline in Berlin Back Page
        24 words
      • Article
        Ace group to call at Bremen port
        45 33 ACE Group members Orient Overseas Container Line (OOCL), Neptune Orient Lines (NOL) and Kawasaki Kisen Kaisha Line will switch their German port of call for the Europe-Far East service from Hamburg to Bremen early next year. Back Page
        45 words
    • LOG BOOK
      • Article
        Caution urged on ships in Red Sea: Lloyds
        68 34 SHIPS are urged to use extreme caution along Red Sea coasts Ixtween Port Sudan in Sudan and Assab in Ethiopia, Lloyd's Shipping Intelligence Service said. Forces identifying themselves as the Navy of the Eritrean Popular Liberation Front (I PLF) recently boarded a
        68 words
      • Article
        Lep to acquire transport firm
        66 34 I HP GROUP pic said it had reached agreement in principle to acquire Danish transport company Transportgruppen for an undisclosed amount. Lep said Transportgruppen had a major distribution network within Denmark and a substantial freight forwarding business with the rest of Europe. The company is
        66 words
      • Article
        Gulf crisis lifts SAS costs
        69 34 SCANDINAVIAN Airlines System (SAS) said the Gulf crisis and subsequent higher oil prices meant the company would spend an extra 450 million Swedish crowns on fuel between Sep 1 and the end of December. Increased ticket prices, however, would generate 110 million crowns, managing director
        69 words
      • Article
        Valmet to cut working hours
        97 34 FINLAND'S state-controlled Valmet Oy said it planned to cut hours for 1,200 workers at its transport equipment divisions from the start of 1991 as demand was slack, mainly due to postponements of orders. Talks will be held soon with workers on ways to implement the
        97 words
      • Article
        Aeritalia plans Boeing staking
        63 34 AERITALIA, Italy's state-controlled aerospace company, hopes to buy a 50 per cent stake in the Canadian de Ifavilland division of Boeing Co by the end of this year, an Aeritalia spokesman said. "De Havilland's holding company Boeing said they wanted to sell out. We want to
        63 words
      • Article
        Idle tonnage up slightly
        105 34 WORLD oil tanker tonnage in lay-up, idle or under repair ruse slightly to 3,335,389 long dwt in October from 3,110,630 dwt at end-September, but the number of vessels lcmained at 27, London shipbroker Howard Houlder said. Combination carriers laid up at end-October rose to 408,796 dwt
        105 words
    • Article, Illustration
      Lock icon Gearing up for more competition in portable market
      956 34 As demand for portable phone services grows, governments will be pressured to open telecommunication networks to allow more competition. IHT BUSINESS demand for mobiletelephone services in East Asia and the Western Pacific will grow strongly over the next decade, increasing pressure on
      IHT  -  956 words
    • Article
      COCKETT BUNKER MARKET REPORT
      827 34 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 based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      827 words
    • Article
      THE SHIPPING GUIDE
      12809 42 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
      12,809 words
    • Article
      SHIPPING AGENTS
      3264 47 A,™..™ Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C Toepfer
      3,264 words
    • Article
      COURIER SERVICES
      243 47 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fa*: *****44 Airborne Freight Corporation Tel: 542-8844 Fa*: *****16. *****80. Airswift Worldwide Courier I Tel: 278-0188. Fa*: *****83. AJS Supplier Tel: 748-6322 (2 lines), 747-7421. Fa*: *****75. City-link International Tel: 344-3377. Fa*: *****50. Cluster link Supplies Services
      243 words
    • Article
      AIR FORWARDERS
      1481 47 Abe* Express Freight Td: 542-7171. Fa*: *****84. Actinic Forwarder i Td: 225-1833. Fa*: *****42. Activair Singapore Td: 542-7822. Fa*: *****20. Aerolink Freight International Tel: 545-8033. Fa*: *****05. Aerospeed Td: 542-5911. Fa*: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50.
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    • Article
      PORT CONDITIONS
      3037 48 ARGENTINA Sao Lorenzo: Four vessels in port of which 2 loading pelletized meal, 2 grain; 4 vessels in roads of which 3 awaiting berths, I loaded awaiting orders. Rosario: No vessels operating; I vessel berthed in ballast awaiting orders. Villa C'onstitucion: One vessel in port loading wire coils;
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    • Article
      AIR FREIGHT SCHEDULE
      483 48 ARRIVALS DEPARTURES Op Flight Type ETA From Op Right Type LTD To TODAY TODAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKK NCA KZ203 B747F 1935 NRT SIA SQ/BA822 B747F 0700 DXB/LHR CLX CV7963 B747F 2115 LUX/AUH/KUL CLX CV7974 B747F 2315 DXB/KUL FDX FM75 B747F
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    • Article
      Lock icon SHIP SALES & TANKER RATES
      655 48 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Tanker Granada: 22,651 dwt and built 1983, reported sold on subjects last month, now on oner at US$l6 million. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Western Falcon: 32,409 dwt and built 1983, believed to be committed within Japan at the
      Reuter; AFP  -  655 words
    • Article
      CRUISE & FERRY SCHEDULES
      379 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA fill Port Agent Ports of Cilb NOVEMBER 10 10 Sea Goddess II 0800 1800 Thoressen Co Sin-Kelang 12 12 Song of Rower 1000 2300 Neptune Agencies Sin-Penang-Phuket-Sin 16 16 Cora Princess 1200 1800 Sembawang Johnson Cruise-to-nowhere 17 18 Cora
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        547 49 VtSMl toy No B«rth Arrival Departire Vessel Voy No Berth Arrivd Departire Keppel Wharves Oedu 1118A K29 alongside 1011/0600 Flora 1A K34 alongside 12.11/2300 Bayswaterll8 ****** K31 08.11/1000 0811/1400 Esperaiua Ac 12 K30 08.11/0630 0911/2300 Kota Berkan 45/90 K32 08.11/0630 0911/2359 Kota la,a E 872 K31 08.11/1830
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      • Article
        CONTAINER SCHEDULE
        1172 49 RECEIVING OF EXPORT FCt CONTAINERS AND La CARGO Record Bookiif/Babnce Rdb Sty Voy No Etfa/Btr Period From To From Anson *****N 09/0200 1 07/1500 07/1659 07/1900 2 07/1700 08/0659 08/0900 3 08/0700 08/1159 08/1400 Arttos 01-HW 09/1600 2 07/1700 08/0659 08/0900 4 08/1200 08/1459 08/1700 Arnold Ms 9018
        1,172 words
      • Article
        IN MALAYSIAN PORTS
        340 49 Port Klang m! 7: 1 Shoko 2 Wam Aman: 6; KCr 8 Ha, Hui C I: I.' Jr r D n* u. North Port 11 Hyunda. 201. Cora Pr,ncess; 13. Ka. Heng; 4: Chang Du; 15: Manner Ribuan laya; 6 a u ea f 6 iwT IL
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    • Article
      DAILY FREIGHTS
      949 49 THE PHYSICAL freight market on Tuesday again saw few new fixtures, with business sentiment up to year-end uncertain, brokers said. Grain, ore and time-charter business was concluded, but other sectors remained inactive. One Panamax-sized vessel on time-char-ter with redelivery Singapore/Japan was fixed at US$9,OOO daily. The Baltic Freight
      949 words
    • Article, Illustration
      Lock icon Liverpool all set for European trade
      457 50 Reuter BRITAIN'S port of Liverpool, in north-west England, has turned the tide after many years of decline and is preparing to handle more trade after a single European market is created in 1992. It has shed surplus labour, becoming more competitive and attractive to
      Reuter  -  457 words
    • Article
      Ace Group to switch port call to Bremen
      207 50 ACE Group members Orient Overseas Container Line (OOCL), Neptune Orient Lines (NOL) and Kawasaki Kisen Kaisha Line will switch their German port of call for the Europe-Far East service from Hamburg to Bremen early next year. The move reverses a decision just
      207 words
    • Article
      Lock icon British Telecom, MCI plan cable link
      194 50 NYT MCI Communications Corp and British Telecommunications announced on Monday that they would build a highcapacity telephone cable under the Atlantic Ocean. The US$4OO million cable is scheduled to go into service in 1993 and would be the 10th trans-Atlantic telephone cable. With a
      NYT  -  194 words
    • Article
      Lock icon BA considers setting up Berlin-based airline
      159 50 Reuter BRITISH AIRWAYS pic (BA) is examining the possibility of setting up a new German airline, based in Berlin, in partnership with German business interests, an airline industry source said. "BA is looking for German partners to take just over 50 per cent of
      Reuter  -  159 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      284 33 SWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14. SPORE 2263 FAX: 861-2946 /SjUfis. TEL: 861 -5855 (5 LUES) I■M Soto Agent TLX: RS ***** SHMCPI^ Commercial Cleaning Eauipment Industrial Maintenance Equipment Also buy .sell rental A repay SEND A COUNIRY REPORT *j Mow and then, you send
      284 words
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      Page 33 Advertisements Column 2
      49 33 A* Forwarder* 15 A* fraght Schedule 16 Cockett Report 2 Cootaner Schedule 17 Couner Services 15 Crane Ferry schedules 16 Oa* Fr«ghts 17 Mb to Advertisers 3 Port Condtom 16 Shppmi Agents 15 Shw* Gudt 10.11 Shpsales/Tanker Rates 16 ShpsmPort 17 Singapore Tiles 17 Weather and Sea Condrtnns 17
      49 words
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      Page 34 Advertisements Column 1
      158 34 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of suck interest to our readers that they demand more space and more research than can be given in our dailyreporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap BT
      158 words
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      Page 34 Advertisements Column 2
      21 34 r Established Shipping requires CARGO BROKERS for U.S./CENTRAL AMERICAN Trades. L Please tel Mr. Victor Lee A *****44 for discussions, jj/j
      21 words
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      Page 35 Advertisements Column 1
      1997 35 AGENCIES 200 Cantonment Road #12 05 Southpo»nt, Singapore 0208 \llVFr th *****11 telex no rs WIRIta TERMINAL,CFS TH *****18 220 |H PBoflajn BOOKINGS Tel *****34 235 L VVCC# J nSAKA JAROINE SHIPPING AGENCIES PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** ptNANG TEL *****4 TELEX NO MA***** CFS TEL *****6 hi
      1,997 words
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      Page 35 Advertisements Column 2
      995 35 MDEX TO ADVERTISERS Page Col P«S« c <* lAII M 1 JBCC— H3 5 K^ne ABCnC,eS !J jg AcaxdCrcHip 8 1-3 MacrekLine 3 4/5 Albalros Sea-Air 14 5 #MBC 4 ~3 A.PC. Lines .3 4 .M «a Sh„Corp 9 1/2 APC Line 14 3 Mendelssohn 6 4/5 Arrow Lines 9
      995 words
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      Page 35 Advertisements Column 3
      2073 35 pacßusaiizi^ Vessel Voy EM I ETD "Port "Penang DESTINATIONS Singapore Kelang This mm 1 «ura M 9010 Feeder by cv tvi 1 0600 mrs fmrco ft CFS 12/11 23M MBS M Tsuro OAK LGB HOU MEM ATI. MIA CHS BAL PHL NYC MON TOR LAURA M 9010 13/11 14/11 In
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      Page 36 Advertisements Column 1
      1239 36 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LIVERPOOL BAY 02/533 8/11 4712 28/11 30/11 26/11 2/12 CITY OF EDINBURGH 92/537 12/11 30/11 2/12 4712 KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 18/11 5/12 8/12 10/12 CARDIGAN BAY 98/539 22/11 17/12
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      Page 36 Advertisements Column 2
      539 36 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 28/11 30/12 31/12 4/1 Also acc«ptin| Cargo to CalUo (Ptm) via Valpa Agents: SINGAPORE: *****56
      539 words
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      Page 36 Advertisements Column 3
      1181 36 BlBWMia &Msns REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) JAPAN SEA 036W 12/11 03/12 04/12 08/12 10/12 11/12 12/12 13/12 15/12 NORASIA SUN 9037 3 19/11 11/12 12/12 15/12 18/12 19/12 17/12 11/12
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      Page 37 Advertisements Column 1
      1718 37 Br~Steamers Maritime Holdings Ltd P&O HiSTRAITS SHIPPING m s Sinaasort ta BrnacL East Malaysia. Containers liii ACCEPTS DUE SAILS Voy No P Klang Spore S'too H'buri B'haven ffdam Le+i r »»en LIVERPOOL BAV 02/533 TEXO/ll OS/11 Q?yl2 ?7/ll »U 26/11 01/12 M .T. CITY Of EDINBURGH S2yS37 TEX 06*11 12)11
      1,718 words
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      Page 37 Advertisements Column 2
      1841 37 TO: EUROPE TO: FAR EAST SP IH ROM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANC VICTORY 001W 12/11 30/11 1/12 2/12 4/12 S/12 CNOYANG PARK 010E 12fll 15/11 16/11 IJ/11 22/11 HANJIN LEHAVRE 010* 11/11 «/12 7/12 «/12 10/12 HANJIN OAKLAND 010E 1»/11 22/11 23/11 26/11 29/11 HANJIN
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      Page 37 Advertisements Column 3
      392 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN COSMIC CHAMPION COSMIC TRADER PIONEER TRADER TRADER VOY NO 5 9 U 13 S pore In Pt 11/11 15/11 Ufll P. Kelang 10/11 14/11 11/11 21/11 Hongkong 19/11 Calcutta Yokohama 29/11 2/12 Nagoya 30/11 Osaka 26/11 Senboku 24/11 28/11
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      Page 38 Advertisements Column 1
      548 38 "Q~ Mi| CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY S PORE ROAM, ADAM H BURG BREMEN ANTWERP SRIWIJAYA3OWB 22-25/11 25(12 1/1 </l 7/1 KUTAI 21WB 15-1»12 17/1 23/1 28/1 30/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO SKHect to toducament Also accepting cargo to Casablanca. Port Said, Port Alexandria.
      548 words
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      Page 38 Advertisements Column 2
      752 38 16?) HANJIN shipping^ yy FULL CONTAINER SERVICE IS'pore I LeHavre R dam H'burg B'haven Fstow* FEEDER VSL SIN LINE HAUL LAX OAK llTl »dl 30/11 1/12 1/12 4/12 eHOYAHC PA«K MM J2/1J M POHANC IME 7/12 9(12 17/11 5/12 6/12 7/12 9/12 10/12 iS?} u H?Vi 24/11 I 12/12 13/12
      752 words
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      Page 38 Advertisements Column 3
      94 38 EUROZONE FREIGHT SERVICES PTE LTD NO 20. MAXWELL ROAD #1242. MAXWELL HOUSE. SINGAPORE 0106 thj ai7*n *im nut omits rut n tuts tm sm ♦WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From: TAIWAN HONGKONG EUROPE USA UK Services To: BRUNEI ASEAN PORT S E MALAYSIA PROVIDE INT L TRUCKINC DOOR TO
      94 words
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      Page 38 Advertisements Column 4
      1325 38 PHI SGP HKC KSC KLC PUS MKT OS* SM2 TTO LAX SFC PTL CHS BAI NYC LHV AN* ROM OX/THP HBG SGP I GOLDEN ftlo2l »/U mi 14/11 IWII 17/11 20/11 ***** 24/11 2K/11 ***** 1/12 2W12 22/12 23(12 3(1 4/1 VI il 1/2 t CUIOt R£ 045 14/11 M/ll
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      Page 39 Advertisements Column 1
      1477 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: jrf UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 am AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA cicon c coo fJP K.L.
      1,477 words
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      Page 39 Advertisements Column 2
      486 39 I ANTWERP 10/11 KAOHSIUNG 11/11 I COLOMBO 11/11 BREMEN 10/11 ifcci iimp ii/ii BOMBAY 11/11 HAMBURG 10/11 KtELUNG 11/11 KARACHI 11/11 LEHAVE/LONDON 10/11 HONG KONG 10/11 MADRAS 10/11 FELIXSTOWE 10/11 CHITTAGONG 12/11 GENOA 10/11 MANILA 10/11 CALCUTTA 11/11 MARSEILLES 10/11 BUSAN 12/11 ROTTERDAM 10/11 BUbAIN I, II BANGKOK 14/11 JAKARTA
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      Page 39 Advertisements Column 3
      1101 39 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 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND y VESSELS VOYAGE ISPORE MANILA HKOHG VOYAGE SKME PKLANC HBURG t'HAVEN TIL»U»Y HQTT
      1,101 words
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      Page 40 Advertisements Column 1
      1688 40 I LINE KAWASAKI KISfcN KAISHA. LIP. f EXPORT N. AMERICA- PACIFIC SOUTH-WEST J IMPORT N. AMERICA PACIFIC SOUTH-WEST FEEOCR VESSEL VOI -INDO -PKPNG SGP MOTHER VESSEL VOY LB OAK CHI NYC /KE&UPHL- *9 Y !!?H S L OAK TKY FEEDER VUSU VOY THY SGP QUfEN S WAY BRIDGE 9 6,11
      1,688 words
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      Page 40 Advertisements Column 2
      1168 40 rim PHILI ORICNT UN€S PT€ LTD 108 ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY air, land or sea WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 10 NOV MONTREAL, OTTAWA, TORONTO, 9 NOV DUBAI,
      1,168 words
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      Page 41 Advertisements Column 1
      1603 41 PACIFIC INTERNATIONAL LINES (PTE) LTD «gyy U Jf Jhl PIL Building, 140 Cecil Street rtXHX), Singapore 0106. I JAKARTA I I BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK 5W FDEN 9037 Wll 11/11 15/11 KOTA JADE 06NB 7/11 16/11 11/11 GOWA S9SB 13/11 15/11 PEGASUS PROGRESS 542N
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      Page 41 Advertisements Column 2
      1108 41 Y BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT. VESSEL [VOY SPORE PKLANG SHAMPTON[ HAMBURG BHAVEN ROAM LHAVRE Liverpool Bay" 02/533 9/11 1/12 27/11 Via Ha 26/11 Via SH KMA 450 City of Edinburgh f
      1,108 words
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      Page 41 Advertisements Column 3
      299 41 tea MYANMA yBBk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI63W In Port PATHEIN VIO7W IS/11 Nov 11/14 Nov HPA-AN VIS7W 16/20 Nov SITTWE V4BW 25/27 Nov THE BANK UNE (A Mrvic* of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT
      299 words
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      Page 44 Advertisements Column 1
      791 44 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX BRV RDM ANT HBC SACHSEN WMOOI 14/11 li/12 11/12 13/12 *12 EUROPEAN SEN WFOSO 15/11 1/12 J/12 11/12 12/12 14/12 MCCKLENBURG WMOQ2 2t/U 23/12 22/12 24/12 21/12 ASIAN SEN WFOS2 2S/U 22/12 21/12 20/12 23/12 25/12 JAPAN SEN
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      Page 44 Advertisements Column 2
      1087 44 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10 NOV ft 17 NOV LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 16/11 23/11 MANILA 10/11 17/11 PENANG 16/11 23/11 BUSAN 12/11 21/11 BANGKOK 10/11 ***** TOKYO 15/11 22/11 HONG KONG 11/11
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      Page 44 Advertisements Column 3
      329 44 n LOADINC FOR (ALSO LOADING FOR BUENOS AIRES) VCSSCL SPOKE CM DON OAIRES MVIOtO 810 STS VIT PACUA hostween i 10/12 w/12 17ru in is/i up opt V M 082.2 DISCHARGING FM BRAZIL ONLY SPORE HNL HK «E SUSAN TOK NGO KOI ■OSTWEEN I HI 12/11 14/11 17/11 21/11 2S/11
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      Page 44 Advertisements Column 4
      1191 44 w CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2, MISTRI ROAO, HMC BUILDING TELEX R5 #15-00. SINGAPORE 0207 CABLE COSTARL,N E CR NO **********0 M CABLE CUSIAKLINt General Agents: COSTAR SHIPPING FIE LTD tobmioh mommmtm VESSEL/VOY SCP FLX ROT HAM ANT DKK VESSEt.VOr FLX ROT HAM ANT DKK SGP
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      Page 45 Advertisements Column 1
      1058 45 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 10/11,17/11 EUROPE all Ports 10/11, 16/11 BANGKOK 10/11, 14/11 HONGKONG/CHINA 12/11, 15/11 SYD, MEL, ADEL, BRIS 10/11, 15/11 FREMANTLE 12/11, 19/11 MANILA 15/11, 22/11 PKLG/PENANG 12/11, 19/11 i Port Kclang Branch Tel: *****21/2/3 Fa*: *****24 Penang
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      Page 45 Advertisements Column 2
      819 45 MASKAPAI PELAYARAN WPULAU 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 SINGAPOfIK INDONESIA SERVICE VSI VOY SIN JKT PAJ SIN
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      Page 45 Advertisements Column 3
      569 45 BANGKOK CEBU/MANILA VESSEL 1 VOY SINGAPORE T BAWQKOK jvESSa {VOY VPOK CTBO MAWIuTj SIRI BHUM#' 469N Sat 10/11 Tut 13/11 SO ORIENT 45* 9/11 14/11 16/11 MAHA BHUM# 34N Sun 11/11 Wed 14/11 THANA BHUM 46S 16/11 22/11 24/U CHAIYA BHUM# 09N Sun U/U Wed 14/U SO ORIENT 47R a/U
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      Page 45 Advertisements Column 4
      389 45 TO AUSTRALIA/NEW ZEALAND mussel 29 *11 liju a/ii am htju vii c vcrouk mam aoi vu %u livu Uu ANTWERPEII sT HU U/U Uflj 22/U 07/12 WU twt antes ta ~si m w wi tlvi mi Also accepting cargo to:AUSTRALIA Adda*. Brisbane NEW ZEALAND Islington, Napter. Chrittchurch TO USA/CANADA VSL
      389 words
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      Page 46 Advertisements Column 1
      1261 46 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 PENANG TEL: (04) *****6 KK TEL: (088) *****0 IyAWAU TEL (089)*****9 P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 1 l\~/ J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL (087)*****9 JAKARTA TEL: (21) *****32
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      Page 46 Advertisements Column 2
      483 46 BLUE STAR LINE SINGAPORE TO I NEW ZEALAND AND T/S FIJI FULLY CONTAINERISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH Si PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MANDAMA 0584 U Nov 23 Nov Via NPI
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      Page 46 Advertisements Column 3
      1202 46 ,751 THONG SOON LINES PTE. LTD. 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 VESSEL vf! |TA lyT VESSEL VOT ETA BEST KIM SOON LI 44/90E 12 NOV
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      Page 48 Advertisements Column 1
      18 48 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
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      Page 48 Advertisements Column 2
      60 48 INTEROCEANN (78, 2nd Floor, Jalan 2/71, Taman Tun Or. Ismail. ***** KL. Tel: *****34, *****94, *****26 TLX. MO. MA-***** FAX: 03-*****11 Penang Oft T«fc *****7. *****2 LCL/FCL LOADING FOR AUSTRALIA SYD, MELB, ADE. BRIS, FREM UK/EUROPE LE HVE. HBG, BREMEN. R'DAM. GENOA, ANTWERP. UK PORTS 4 SCANDINAVIA USA WEST EAST
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      Page 48 Advertisements Column 3
      61 48 Orieiyt Bulk Line bluebell kku sin pkl destn SUSANNAH/***** SW «/11 FLU/ANT/UK(MUL) LANCELOT SPIRIT/***** 15/11 18/11 ROT(FLU)/ANT (ZEE) UK (TIL) T«l: 5343*27 F««: *****30 Tla: RS ***** INETCO VESSEL VOY NO S>w MAA CAL TIGER CREEK 110CNB '0/11 16/11 ilovik 135N oe/ii is/ii TIGER RIVER IIICNB 19/11 25/11 ALCOA 136N
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      Page 48 Advertisements Column 4
      95 48 C VENUS LINES ROROSEM E R SERVICEfH/ L 65 TONS) I VESSEL SIN BBY VESSEL SIN BKK ALGENIB V2W/90 SLD 9/1J ALGENIB V2E/90 21/11 24/11 ALGENIB V3W/90 29/11 8/12 ALGENIB V3E/90 20/12 23/12 GENERAL AGENTS: SWISS SHIPPING PTE LTD. TEL: 2730Q88 (8 UNES) TLX: RS ***** SSFA FAX: *****93 VESSEL
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      Page 49 Miscellaneous Column 1
      441 49 TIDES AND WEATHER TODAY'S TIDES (N»t in metres) MM 0000 0100 0200 0300 0400 0500 0(00 0700 (MOO **********00 1200 *****400 *****(00 *****100 1900 2001 2100 *****300 1.3 1.8 22 24 24 2.1 18 15 13 13 15 18 2.3 28 3.1 31 28 2.4 18 1.3 09 0.7 06
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      Page 50 Advertisements Column 1
      305 50 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/OANY LAU Hit] HIAP HOE SHPPNG ENTERPRISE I V/JJ J TEL: *****66 FAX: *****10 \Jf[l y TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG
      305 words
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      Page 50 Advertisements Column 2
      722 50 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI PIONEER 36E 10/11 15/11 3/12 5/12 7/12 6/12 HYUNDAI EXPLORER 34W 9/10 12/10 15/10 2/U 10/11 LALANDIA 36E 17/11 22/11 10/12 12/12
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