The Business Times, 19 October 1989

Microfilm: NL16820
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, OCTOBER 19, 1969 75 CENTS
    11 words
  • Article
    Lock icon Dow up
    77 1 AFP THE US MARKET opened down yesterday after the California earthquake and the news of declining housing starts, but at EfT's press-time* at 11pm (1500 dMT), the Dow had climbed 10.45 points to 2.649.18. Analysts said investors were wary of the financial repercussions following Tuesday's earthquake. They also
    AFP  -  77 words
  • Article
    Footsie up
    49 1 UK share prices cast aside recent gloom to post solid gains in late morning trading yesterday. At noon (1100 GMT) London time, the key Financial TimesStock Exchange 100-share index was 17.9 points, or 0.8%, higher at 2,153.4 points, up sharply from a morning low of 2,134.2 points.
    49 words
  • Article
    FINANCIAL NEWS SUMMARY
    148 1 Mock Indtees IT Conga ostto ImIm 1,186.83(-26^1) NST Industrial Index 2,410.90<-60.34 uy rm nong notx (-67.35 Tokyo Nkkoi Avocoqo 35,107-56 (+111.48) A M /N- -J» i jjrOn#y 1,629-5 (-32.8) TwMdoy Now York (Dow Jonas) London (FT 30 Indox) 1,730^-29.6) US$i 142v40yon 1.*****M S$1.9580 US$1.5800 M$. SS***** Euro-S
    148 words
  • Article, Illustration
    Quake, Wall Street fall shake regional bourses
    475 1  -  By MAGDALENE NG REGIONAL STOCKMARKETS, barely recovering from their Monday blues, were shaken again yesterday by news of an overnight slide on Wall Street and an earthquake in San Francisco. In Singapore, the arrest of Hong Leong group founder Kwek Hong Png added
    475 words
  • Article
    CAD arrests former Drexel (S) vice-president Francis Dang
    145 1 FRANCIS Dang Yong Chiang, the former vice-president of Drexel Burnham Lambert (S) Re Ltd, has been alleged to have used the account of businessman Ong Beng Seng to effect unauthorised futures transactions on the London Commodities and International Petroleum Exchanges. Dang, 41,
    145 words
  • Article, Illustration
    Hong Png, nephew on CBT raps
    534 1  -  RELEASED ON CASH BAIL OF $1 MILLION EACH By ELAINE KOH KWEK HONG PNG. the founding member of the Hong Leong group, was yesterday charged with abetting hie nephew Quek Leng Chye in committing criminal breach of trust (CBT) amounting to $842,882. and dishonestly
    534 words
  • Article
    C & C said to have sold M Credit stake
    258 1 C C said to have sold M Credit stake MOTOR GROUP Cycle and Carriage Ltd is widely believed to have divested its entire stake in Malayan Credit Ltd for $63 million, realising a substantial profit despite the recent stockmarket turbulence. Sources said a block of 23.97 million MCL shares at
    258 words
  • Article, Illustration
    Disaster could affect electronics industry
    424 1 THE AFTERMATH OF THE SAN FRANCISCO EARTHQUAKE SINGAPORE'S electronics industry, which sources a large amount of components from the San Francisco area, could face a supply problem in the aftermath of the earthquake there on Tuesday evening that killed more than 270 people. San Francisco
    424 words
  • Article
    Business as usual at branches of Hong Leong Finance and Singapore Finance
    260 1 IT WAS business as usual yeeterday at the 28 outlets of Hong Leong Finance (HLF) and its 75-per-cent owned Singapore Finance (Sinfin). Officials of the two finance companies, which rank among the Big Four in the finance industry,
    260 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      140 1 'Burberrysl |1 < Reigns when it pours GREAT frOTC AND SFS HCWSMALL COMBINES TURN IDEAS INTO REALITY As the Small Industries Finance Scheme (SIFS) specialists, Great Pacific Finance can help small companies get big ideas off the ground. In fact, weVe built our reputation by responding not just with the
      140 words
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      Page 1 Advertisements Column 2
      204 1 More reports Davis withdraws UAL oftor, PAGE 23 Bulls sppssr undaunted; A mvaKIAIM 4&k A uommeni a proolom m© P m ri mam'# «|iuSA wO can 1 vowo *****9 PAGE 11 aim =Sr=i Editorial Comment 10 Banking A Finance 9 hk p?operty company eB .r."" 7 A union of like
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      Page 1 Advertisements Column 3
      181 1 TOTAL TRANSPORTATION SERVICES TEL: 265-3833 CROWN PACIFIC SPECIAL PROFILE ON KWEK HONG PNG Tlw builm—empire noog rnj Dum by Itfilrtlm) tfgm; Anothor of Singapore t rags-to-rtch«s storiM PLUS How much Is known aboul Quok Long Chys? PAQEI4 I CHOGM 89: Dr M hits out at the rich PM Lh on
      181 words
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  • HOME NEWS
    • Article, Illustration
      Singapore, the total business centre
      805 2  -  EXPORT SERVICES INTERNATIONAL '89: EXHIBITION AND CONFERENCE Exporting to the world is tough, and tougher still if you have to go it alone. But you don't have to. Not with the array of exporters' services available, the range of which is well indicated at the
      805 words
    • Article, Illustration
      Motorola inaugurates quality award
      292 2  -  By WALTON MORAIS IN AN EFFORT to spur quality consciousness among its vendor companiea, electronics giant Motorola haa inaugurated a special award to honour those companies that meet this goal. The Six Sigma Roadmap Award recognises outstanding efforts among its suppliers to help Motorola stay on
      292 words
    • Article
      Looking for that special gift for a special event?
      191 2 CORPORATE clients ars increasingly aearching for exclusive gifts to present to VIPs or during commemorative occasions Which ia why a local exhibition organiser is putting together the first Singapors International Gift Fair. The demand for exclusive gifts haa increaaed and companiea
      191 words
    • Article
      PUB tariffs unchanged
      38 2 THERE will be no change in electricity and gaa tariffs tor the next three months, tf Public Utilities Board staW ment said yesterday. Tariffs will be reviewed again for the quarter starting February WOO. x
      38 words
    • Article
      American Optical sets up $2.5 m multi-coating lab
      268 3 US-BASED American Optical (AO) set up a $2.5 million multi-coating laboratory, the first step of, a long-term plan to make Singapore its reeearch and development base tor Asia. Multi-coating is a high-tech process which eliminates the reflection and refraction of light, enabiioio
      268 words
    • Article, Illustration
      Two top NCB managers quit to work full time at govt IT firms
      394 3 TWO SENIOR MANAGERS at the National Computer Board have resigned in order to work full time at two government-owned companies dealing in information technology. NCB deputy general manager, Mrs Pearfeen Chan, will join Singapore Network Services (SNS),
      394 words
    • Article, Illustration
      Top Japanese executives at Asean seminar
      239 3 TOP JAPANESE executivee from the Kanaai region in Japan will discuss key management and industrial issues with Asean businessmen in an Asean management seminar, the first of its kind to be held outside Osaka. The one-day seminar later this month, organiaed by the Kanaai
      239 words
    • Article
      CIDB acts to implement watertight programme
      368 3  -  By WALTON MORAIS WITH building owners having to spend an estimated $60 million on waterproofing works last year, the Construction Industry Development Board ia embarking on a multi-pronged approach to plug the leak. Among the steps to be taken: e Earmarking $200,000 to $300,000
      368 words
    • Article
      Third medical emergency assistance centre
      216 3 WORLD ACCESS, a US-based emergency evacuation and medical assistance company, is setting up a $1 million operation in Singapore to provide services (or the region. According to a statement yesterday, World Access' Singapore Alarm Centre will be operational 24 hours a day, and manned by
      216 words
    • Article
      Boon Heng calls for ways to make known unions' work
      283 3 THE UNQUALIFIED SUCCESS of tripartism has given rise to the impreeaion that uniona are weak because much of their behind-the-scenes efforts are not apparent to workers and the public. With uniona seen in such a light. Mr Lim Boon Heng,
      283 words
    • Article
      STPB, SIA to woo Thai and Indon tourists
      169 3 A SALES PITCH aimed at the Indonesian and Thai tourist dollar will be held by the Singapore Tourist Promotion Board and Singapore Airlines over the next two weeks. Called Travelmart '89 and headed by Elaine Chan. STPB's director for Asia, missions to
      169 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      198 2 Which came first, the computer or the need? iB ;■>. Some people say the Certainly, this is a "need" known for its engineering with our UNIX® systems. tions, think of what comes computer industry started oriented philosophy. But excellence. And its com- Combine this with our second. Hewlett-Packard, a whole
      198 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      183 2 Global tamparaturas and waathar foraeaat lor Oct 19 nHlliHi Ctt> tin NO< OUTLOOK: Mwwi ••port far 24 km prior Aberdeen 14/09 Windy J? 7Mpm on Oa 1 8 c» AWeidora 16/12 Windy Oa— 20/10 Sunny Awddand 17/10 Shown Mte iwf m Bangkok 33/24 Shown Amm M Mpng 16/07 Cloudy Mra
      183 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      83 3 A CERTAIN WORLD W A IKS IN ROSSET T T 2 &Jtfg As the ome spells, the Rassetti Ptaner line boasts special M occasion.Dp(tfthelnestyles. r Ourfaowarareacajßdinthe nratlushoftalhcßandprccious flH^ v jft* r skms that spell drstmcooo in "iPi J hhh^^h^h^M I'iinuil! /J 4 Vr^^H* FRATELLI ROSSETTI SINGAPORE MALAYSIA [J"W^M3H|M BOUTIQUES 101-028
      83 words
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      3 3 Leader, Page 10
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  • FOREIGN NEWS
    • Article
      Lock icon EC urged to cement economic union fast
      614 4 EAST EUROPE TIES POSE NEW CHALLENGES FT THE 12 MEMBER states of the European Community (EC) must rapidly anchor themselves in economic and monetary union lest fast-developing ties with Eastern European states pull the community apart, Mr Jacques I Delors, the European Commis-
      FT  -  614 words
    • Article
      Lock icon Poland, Hungary attend informal Paris OECD symposium
      198 4 AFP POLAND and Hungary, moving increasingly towards market economies, joined a dozen countries from Africa, Asia and Latin America in Paris this week for an "informal" symposium of the Organisation for Economic Cooperation and Development (OECD). The two-day seminar, which ended yesterday, was
      AFP  -  198 words
    • Article
      Lock icon Gorbachev at first US trade fair
      234 4 AP PRESIDENT Mikhail S Gorbachev strolled (or two hours through bazaar of consumer goods on Tuesday at the first full-fledged American trade show to be held in the Soviet Union. The displays Included personal computers, dental floss, crackers and soft drinks an array that
      AP  -  234 words
    • Article
      Lock icon Bill allows land inheritance
      105 4 AP SOVIET LEGISLATURE gsve preliminary approval on Tuesday to a bill that scraps decades of Communist orthodoxy and allows Soviets to own their "means of production" and allows fsrmers to pass on leased land to their heirs. But the landmark legislation stopped short of permitting widespread
      AP  -  105 words
    • Article
      Lock icon S Korea promises to curb surplus with US
      489 6 UPGRADING IN U.S. ACCESS TO MARKETS AP NYT SOUTH KOREAN President Roh Tee Woo told US President Bush on Tuesday that his nation would take significant steps to curb its trade surplus with the US by the mkS-1990'5. The measures would provide
      AP; NYT  -  489 words
    • Article, Illustration
      Lock icon US-Japan trade: big deficit fail unlikely in '90
      339 6 AP AMERICAN Trade Representative Carta Hills said on Tuesday that economic talks with Japan should produce a plan for action but would not meet congressional demands tor a cut in next year's US trade deficit with Japan. Mrs Hills, speaking to reporters
      AP  -  339 words
    • Article
      Lock icon Report shows continued weakness in manufacturing
      349 6 AP AMERICAN industrial output dipped 0.1 per cent in September, the first drop in six months, the government said on Tuesday in a report that reflected continued weakness in the manufacturing sector. But Michael Evans of Evans Economics Inc. a Washington forecasting firm, said
      AP  -  349 words
    • Article
      Lock icon US$5.4b loan to pay Chinese farmers
      436 6 AP CHINA'S central bank has issued sn emergency loan of more than US$5 billion to help local banks avoid a repeat of last year when they couldn't pay farmers for their crops. The official China Daily said yesterday the People's Bank of China allocated
      AP  -  436 words
    • Article
      Lock icon Donors promise Sri Lanka US$785m for 1990
      357 6 AFP SRI LANKA's Industry Minister Ranil Wickremasinghs secured pledgee of US$7B5 pillion worth of financial support in 1900 from 12 Western countries and key international financing institutions at a meeting of donors in Psris on Tueedsy. But the Aid Group for Sri Lanka.
      AFP  -  357 words
    • Article
      Lock icon Indian troops to leave Sri Lankan region next week
      135 6 AFP INDIAN TROOPS deployed In Sri Lanka's multi-ethnic eastern Ampara district will withdraw from the area completely by next week, Foreign Minister Ranjan Wijeratne announced in Colombo yesterday. The Indian Peace Keeping Force (IPKF) troope are now in the procees of
      AFP  -  135 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    998 4 ARRIVALS Op«uKn j Scrvtc* number Local ttnw From ADC SU AJt HK KAL TMA SU IAC StA StA DCM StA MAS MAS MAS MAS ACA StA CPA CAL GtA GIA SIA DIM IU QFA su GtA PAi TMA SU TtY GIA SIA TMA ■AW MAS StA StA
    998 words
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      Page 4 Advertisements Column 1
      239 4 M a/MIQIITCDC DTC I Tn /fly hitap.hi CL COMPUTERS PTE. LTD. ■■•iiMAAii.j ffgf V ,M -""ft'j£t~' "Tfr- >r >r 5 «l-I v **^ir•»^3^ r I The seminars are designed for trading and manufacturing "A Straight Forward Approach to Computerization" Special arrangement has been made for presentation "Government Incentives and Assistance
      239 words
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      Page 4 Advertisements Column 2
      123 4 rwirAm I I m 1% M International Airport tke following day. C*H ycmr tntvti Mgem or Atr Ctnadt tt 732 #JJS. /*|*V A BREATH OF FRESH AIR V3V Air Canada Ef^l $9.00++ per person Vk Br For 1 to 4 persons F 3 courses with soup *j|Br I For 5
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  • Page 5 Advertisements
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      101 5 French wine. French food. French chic. There's our non-stop flight to Paris. Of course, there's But then, you'll be enjoying it all, on a larger so much to enjoy aboard the French airline, UTA, a down-side. You won't be able to enjoy the wine, scale, in Paris, for longer. that
      101 words
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  • Page 6 Advertisements
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      74 6 •I $N■ t 7 T i l 7' jjjSpf* y r- 2i ':v T r .-v Jp':-, w.v :;^•^%^^^'S^, J I T*l, 11 jfm 1 1 i i >-. <•"* < t «vV W -M j s »*Ssr't? i V <^-\:: y% &lf J V'£'ft* t t WsB)m .v. ;l
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      44 6 Doonesbury by garry trudeau 5E£, dUTTSf, THE BOOMERS f y&H,BUT }(PANG6ROUS7\ (C VEAH, A&WA/WW&fT VMM'fit THSFBOMA AT THAT*MR. MANYTIH& DRUG THAT ////f LZASTttfNOT CAFF&NE 6ARDTHOROVN H0& POTENT' CLAW6CMR Jl A fJXTEWW SPEAKJNG... 1 WCHHORZ 25QQ00UV& ((DRi&AT POT AS NOT UM6eFOUS 'J AYSAR? I tf&TI
      44 words
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  • COMMODITIES
    • Article
      Soybean
      107 7 CBOT soybeans added to midday gains of about 6-1/2 US cents and jumped another 5.0 cents a bushel as soymeal took off on the upside on Tueaday, traders said. However, soiling on the close puahed the market back from its late highs. November closed at U555.55 an ounce, an
      107 words
    • Article
      Lock icon Wheat
      104 7 Reuter SOFT red winter wheat futures broke away from the rest of the CBOT grain and soy markets to close lower on Tuesday. December lost the most, ending 1-1/2 cents a bushel lower at US$4.O9-1/2. Diaappointment that Egypt's tender for 400,000 tonnes of US wheat was rejected and that
      Reuter  -  104 words
    • Article
      Produce Prices
      192 7 ChlntM Produce Exchange SiNtn* noon dodnQ prfcos on Octobor 18 (SI/100 kg) Coconut oil Bulk FOB 92.00 Old drum FOB 106.00 Now drum FOB 102.00 Copra Mixed (Ioom) 52.00 toNon Peppor Muntok wMm FOB NLW 490.00 Sarawak wWJt FOB faq NtW 480.00 Sarawak black FOB NtW 382.50 Xj'QWOK
      192 words
    • Article
      London markets
      202 7 London Commodity Exchange Buyer/Seller dosing prices on Oct 17 (£/ft>nne unless specified). Previous dosing prices in parenthesis. Coffee Basis In-storo London, soflors option OF London Nov 706/710 (715/717) tflgh/low 720/705 Jan 676/678 (672/674) K#gh/Low 687/670 SoIM (2568) Cocot Doc 741/742 (726/727) Hgh/U>w 742/727 Mor 718/719 (712/713) Wgh/Low 720/710
      202 words
    • Article
      KL Tin
      175 7 THE KUALA LUMPUR Tin Mattel (KLTM) extended Its downward trend yeotorday, doting 11 aen down at MS2I.M a kg, maMy due to higher offering, dealers •aid. Turnover Increaeed 28 townaa to 88. "The market waa dominated by currency fluctuetlona," a dealer said, adding that a lower US dollar
      175 words
    • Article
      Palm Oil
      253 7 MALAYSIAN CRUDE PALM OS. FUTURES continued to riM to finish firmer on the Kuala Lumpur Commodity Exchange yesterday on further short-covering support, dealers said. News that India has bought 12,000 tonnes of palm olein in tender on Tuesday and was tendering again in the market yesterday provided further
      253 words
    • Article
      Porta prices for October 17, 1999
      284 7 MALAYSIAN crude palm oN prices closed with extended gains on further covering and speculative buying, reflecting the rally in palm oil futures, dealers said. Expectations that India will buy more palm olein for nearby delivery underpinned sentiment supported initial values. Oct North rose M
      284 words
    • Article
      Rubber
      252 7 SMQAPORE: Tha rubbar market cloaad on a mixed note yesterday, with November 1 RSS buyar quoted at 164.50 cants a kg, down 0.76 cent from Tuesday's cloae. Dealers said prices weakened slightly on speculative slop-loss selling in the afternoon. Trading was thin due to a lack of consumer Intereet
      252 words
    • Article
      RAS and MRELB
      356 7 HAS prices kit CM* FOB In Mm NOON CLOSE •"7*" SdUn Bwywi S4tn tat 1 RSS Prompt 16X75 *****N 163.00 164.00N 1 RSS Nov 165.25 1 6575 164.50 165.00 ho 1 RSS Doc 16X25 16X75 167.50 16X00 to 2 RSS Of 16X50 164J0N 16X00 164jOON h# 3
      356 words
    • Article
      Lock icon Precious Metals
      268 7 Reuter HONOKOMO: Gold cioeed firmer yesterday. but off a day high of U*****.10/60 reached when news of the earthquake in San Francisco broke, after an afternoon of quiet and directionlees tight-range trading, dealers said. Bullion ended at U*****.80/368.30, up from New York's U*****.00/50 close. The taei roee HK$l6
      Reuter  -  268 words
    • Article
      Lock icon Crude Oil and Products
      151 7 telerate FUEL oil prices moved sharply higher yesterday, following crude's uptrend on news of a major earthquake in San FranSimex HSFO futures climbed over $2.50 mt in active trade. CSTIBO was bid at 996 mt with offers way up at $96 mt fob Sing. Fundamentals of
      telerate  -  151 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      80 7 ■mmm In Bangkok where else but the u Ki iLr?^ r -?i Shangri-La. Famous for on the Chao The Recognised Shangril>a BANCKOK ■■BHHHaHHHHH A shangri-la internatxdnal hotel SHANGRI-LA HOTEL, 89 SOI WAT SUAN PLU, NEW ROAD, BANGRAK, BANGKOK *****, THAILAND. TEL: (2) 236 7777. FAX: (2) 236 8579. TLX: *****
      80 words
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  • MONEY AND EXCHANGES
    • Article
      Government securities market
      109 8 Treasury bills Period Issue Yesterday's dosing Day s code Maturity WO Of** HK>H LOW 3 months 8S*****V 18.01.90 4.24 4.19 4.23 4.15 6mo*Hs RS*****V 18.01.90 4.24 4.19 1 ytar 8Y*****Z 18.10.90 4.35 4.30 4 36 Government notes end bonds Period Issue Maturity Coupon Yesterday's dosing Day» code
      109 words
    • Article, Illustration
      World interest rates
      182 8 Indkurt— In a»ecage d tie prime tending rata* of 12 ma)or bank* In S'pore Interbank market rate* (offer/bid) on Oct 18 US$ DM SWFC Y«n 7 4mr» »V* IS 1/H 14 IS/14 7 3/4 7 S/a 4 1/B 4 I aft a 11/1* 9/14 IS 1/a IS
      182 words
    • Article
      Comex gold/silver futures
      156 8 Gold futures on October 17, 1989 100 My ouncas: USS parlray otre® OpM HNh Urn M* Od ***** 367.30 3AA.80 3*7.40 010 369.30 Ok 37a20 ***** ***** ***** Hb 91 374JO ***** 374.10 VS.70 Apr 37*.20 360 00 376.20 379.20 j„„ 363.10 ***** ***** 363J0 +0.10 A»>
      156 words
    • Article
      Options
      924 8 CURRENCY FUTURES OPTIONS Wmfcwsday October 18, 1989 DEUTSCHE MARK (I—X) DMHNh DMMP* 33 53 54 JAPANESE YEN (MflEX) DMNah DMNK* kn Ml M* Lot Mi 71 n 73 79 CURRENCY FUTURES OPTIONS IMM TuMdoy, October 17, 1989 BMTISM POUND MMH otnhptrt Mm Mil e Dao-c Mm Mw p 0—
      924 words
    • Article
      Money markets
      54 8 THE overnight rate on the Singapore money market waa 1/2 higher at 5-3/4 per cent yesterday. Term ratee remained unchanged. S$ Interbank ratas at tfw doM y«st*rdays arm mo o— Si/4 5 5/8 iHWMk 5 3/14 5 3/16 2-mrth S 5/16 5 3/16 Vmm* S 3/16 3 3/16
      54 words
    • Article
      Asian dollar market
      240 8 ASIAN dollar deposit rates yaatarday andad little changed from opening levels after a day of quiet trading. Wednesday/Thuraday closed at 8-7/8 8-3/4 per cent, week-fixed at 8-3/4 8-5/8 per cent, one and three months at 8-5/8 8-1/2 per cent each and six months at 8-7/18 8-5/18 per
      240 words
    • Article
      Lock icon IMM
      303 8 Reuter CURRENCY FUTURES on the IMM turned mostly k>wsF on Tussdsy after the US stock market again took control of trading sentiment causing a spats of dollar short-covering near the cioae. Wall street's recovery near midday boosted the U6 currency unexpectedly. Traders largely ignored dltkt news when they began
      Reuter  -  303 words
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      Page 8 Advertisements Column 1
      26 8 H With up to thirty-four seats less than other carriers, the Qantas LONGREACH is the most spacious, comfortable aircraft of its kind presently in service today.
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  • BANKING AND FINANCE
    • Article
      Lock icon US seeks Japan's help to bail out ailing thrifts
      322 9 Reuter THE US took the first concrete step to enlist Japanese investors irn the bail-out o! its ailing savings-and-loan institutions, *ith a preeentation by a top-lev-el team in Tokyo. Officials of the Resolution Funding Corp (Refcorp), including a high-level US Treasury
      Reuter  -  322 words
    • Article
      Lock icon National Australia may bid for Yorkshire Bank
      157 9 Reuter m NATIONAL Auatralia Bank Ltd (fflkß) said it is interested in a possible bid for Yorkshire Bank otfi, which was put up for sale on typnday. NAB executive director of banking Don Argus said that NAB executives were keen to see Yorkshire
      Reuter  -  157 words
    • Article
      Simex
      535 9 EURODOLLAR futures yesterday closed lower across the board on profit-taking and liquidation in active tilde, dealers said. December Eurodollar fell to 91.71 from Chicago's fitf,73 and March to 91.95 from 91.96. An estimatsd 22,125 lots were traded. Ten calls and ten puts coknged hands in Eurodollar options. v Currency
      535 words
    • Article
      Lock icon Federal Reserve pumps US$1.5b more into banking system
      166 9 AFP THE FEDERAL RESERVE pumped another US$l.5 billion into the US banking system on Tuesday in its second effort in two days to avert a Wail Street crash. On Monday, the Fed pumped US$2 billion into the banking system to allow the
      AFP  -  166 words
    • Article
      Forex markets
      1119 9 SINGAPORE: Active profit-taking yesterday pushed the US dollar down against most currencies from New York levels, with sentiment undermined by a larger-than-expected August US trade deficit, dealers said. It fell to 142.10/20 yen from New York's 142.75/85 close and to 1.8550/60 marks from 1.8655/65 marks. "The dollar is
      1,119 words
    • Article, Illustration
      Lock icon Citicorp, Manufacturers, Wells Fargo post varying results
      484 9 BANKERS TRUST ADDS TO THIRD WORLD LOAN-LOSS RESERVE NYT CITICORP, Manufacturers Hanover and Wells Fargo reported sharply varying quarterly results on Tuesday, reflecting their different stances on troubled Third-World loans. In addition, Bankers Trust announced on Tuesday that it was joining a host
      NYT  -  484 words
    • Article
      Lock icon More Canadian banks 'to increase reserves'
      293 9 Reuter CANADIAN BANKS will likely follow the example of Canadian Imperial Bank of Commerce and •peed up increasing reserves against Third World debt, industry analysts said. But they do not expect the banks to put aside as much money as Canadian Imperial, which announced
      Reuter  -  293 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      18 9 jSaf All lots are guaranteed and backed by Sa| j|m a full trade in value at our showroom
      18 words
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      Page 9 Advertisements Column 2
      157 9 5;%J3 }£HHHBH II Jk I JH HL im^Hi' ijir, f ■>' T#% Jy* fnj# l 'i n i It dNSkW ,J.• Kferrr— m*l&w mTK. «g*ccaßtjj -iwiSgls t n i Al. BHUifju f JM T^PIIIHES^HHKnHt. I gi V'l I wyl HiMm. ml •V- ■■■'■•MMT' *a h^H H. aVUK BiHHi Richard Ellis
      157 words
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  • PERSPECTIVE
    • Article
      A union of like goals
      463 10 ALL OVER the world, especially in many developed countries, trade unionism usually means one thing trouble. Strikes, lock-outs, and open confrontations with management and the government these are the salient images etched into the public's consciousness of Western unionism. This conception is, however, diametrically opposed
      463 words
    • Article
      Lock icon Call to expel Gatt members who refuse new obligations
      966 10  -  The importance of liberalisation of trade in services and protection of intellectual property was highlighted at a recent seminar in the United Kingdom by a former US ambassador to Gatt. PETER MONTAGNON reports from London. PETER MONTAGNON FT COUNTRIES which refuse
      FT  -  966 words
    • Article, Illustration
      Lock icon Rajiv marshals his forces in battle for survival
      786 10 FT THERE WAS ALMOST a tangible sense of disbelief in New Delhi on Monday morning as word got round that Prime Minister Rajiv Gandhi had called a general election for late November. All political forecasters, including the opposition, believed that Mr Gandhi
      FT  -  786 words
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      47 10 1 i H -v v v fj?» ;f*l&9% <* S» Jvi i *o®*rTr^ i .•> -'7; >v sr J And since it flies nonstop, it's also the fastest to London. For a seat call Qantas Reservations on 737 3744, or your travel agent. The spirit of Australia. t -V
      47 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 i:,LLsgHJJjBBBBgPI I I'LL B£ 'NItRcSTiHG IT'S BfejMG CPENfcD 1 1 TV-. llklr TO see Mis pjepctcn u>P>iT FDC IT*-»)£- HplV V OROTc. ft LIFTOFCIII Lerteß TO iwe Ri?m i U 5.4-...3 .2... i... ut-iut-pif rcUoss Tue sTj?eeT Li 4 p' 11 'Wm THE. W I usu_ shoriw BeoPow&rr... DS 1
      55 words
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  • FOCUS
    • Article, Illustration
      Lock icon Avoiding a crash: whose problem?
      520 11 COMMENT NYT TWO YEARS AGO the stock market crashed. Hysterical analysts warned of economic turmoil reminiscent of the *****. But no such catastrophe occurred, due in large part to timely intervention by the Federal Reserve Board. Sensibly, the Fed is prepared to step in once
      NYT  -  520 words
    • Article
      Lock icon Bulls appear undaunted
      889 11  -  AFTERMATH OF FRIDAY'S WALL STREET CRASH By ALISON LEIGH COWAN NYT WITH A single question hanging on the lipe of every inveetor Whet now? the inevitable parade of analysts and economists rushing forth with answers has begun. For those with a rosier outlook, three days of hectic,
      NYT  -  889 words
    • Article
      Lock icon Tokyo's role in the latest crisis
      736 11 IHT FROM THE START of this latest stock-market crisis, Japan has once again shown that, even if it finds it is able to abide by the rules of the open market, it is clearly uncomfortable with the idea that the market should function freely
      IHT  -  736 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      286 11 HHPLgfe. _^r;• I IBM KHMh. Jjr Mi I v EWi Epson's new 386. When you cant afford pit stops. If your office is working in the fast lane, the last thing you need is to be Your largest spreadsheets, database or CAD/CAM processing are also plagued by unreliable equipment and
      286 words
  • Page 11 Miscellaneous
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  • Article, Illustration
    the CEFIRO — the west wind in the willows
    842 12 the CEFIRO the west wind in the willows f EFIRO the Spanish word for the west wind that brings spring to the Mediterranean. Also, Cefiro the superlative Nissan. Like its namesake, the Cefiro is a breath of fresh air. But then again, it's no ordinary car. From one of t
    842 words
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  • Article, Illustration
    Moving with the times
    252 13 THE PHILOSOPHY PEOPLE-MOVING takes on a whole new concept with the Ceflro. The ultimate in sophisticated motion, it reflects Nissan's corporate commitment to customer satisfaction. A commitment to produce attractive, innovative and highly reliable automobiles. From merely being a car manufacturer for the masses, Nissan has
    252 words
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  • FOCUS
    • Article, Illustration
      Realising dreams by tackling tigers
      618 14 HIS is another of Singapore's rrfgs-to-riches stories. Kwek Hong Png arrived in Singapore from China in 1928 at the age of 16 with little more than a mat, a quilt, his parents' btyet wishes and a dream to build a business empire. Today, aged 78,
      618 words
    • Article
      United — and tenacious — they stand
      1147 14 United and tenacious they stand wfIEN THE Malaysian Hong L£>ng group came under severe asck from the Chinese business cffnmunity in Malaysia for its p£po**d takeover of Multi-Pur-pAe Holdings Bhd (MPHB) earlier this year, the entire clan cdhverged in Singapore to rerrjp strategies. ■The Kweks have now closed rmks yet
      1,147 words
    • Article, Illustration
      Not much known about Quek Leng Chye
      237 14  -  Kwek Hong Png has achieved what most men just dream about In one lifetime, he has turned his initial capital of $7,000 into a multi-million-dollar empire spanning the region and beyond. He has a finger in many pies property, finance, manufacturing and tourism.
      237 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      191 14 ft ffS% 1 m %SUO Uoo 'll-—- £~J The People's insurer MD and chief executive Mr Che» 1 in Specialist in more than motor cover Ley K iat spearheading The AftV i I j People's insurance Company v f l i The People's Insurance Company. Leader in motor insurance. Specialist
      191 words
    • Advertisement
      Page 14 Advertisements Column 2
      115 14 A UNIQUE BUSINESS OPPORTUNITY ■AIMiMHtfHaUiHMUMIHBiBIAUfI GKN Australia Ltd are inviting companies to tender for the purchase of 240 tons of system scaffold and 32 selfpropelled scissor lifts. The lifts range in elevation from 3 metres up to 10 metres and are either petrol or electrically powered. The equipment may be
      115 words
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  • ADVERTISING & MARKETING
    • Article
      Prism awards to extend to govt bodies, stat boards
      190 15 GOVERNMENT bodies and statutory boards will be eligible to participate in the second Prism Awards competition, under a separate category which considers community projects undertaken by the public sector. Prism, or Public Relations In the Service of Mankind, is a biennial
      190 words
    • Article, Illustration
      Courier service firms gear up for battle
      448 15 By SANGEETA MULCHAND IN TYPICAL Superman comicbook style, the executive has a vital task at hand: "Gotta get this to NEW YORK A.S.A.P or I'm D-E-A-DT. And in his secretary's mind: "This is a job for UPS". According to the United Parcel Service
      448 words
    • Article, Illustration
      Crabtree & Evelyn ventures into gift hamper business
      471 15  - Crabtree Evelyn ventures into gift hamper business By SUZANNE SOH WITH CHRISTMAS just round the corner, Crabtree Evelyn, well-known for its toiletries and speciality foods, is going for a slice of Singapore's $2CMnillion gift hamper business. The coming festive season and new year will also see the English brand being
      471 words
    • LATE LINES
      • Article
        NTUC Comfort defers ad launch
        86 15 NTUC Comfort, Singapore's largest taxi company, has decided to postpone the launch of its rooftop advertising scheme to the first quarter of next year. The delay is to give the firm time to increase the number of cabs in the scheme to cope with an
        86 words
      • Article
        Clio awards on Oct 30
        50 15 THE PRESENTATION of the advertising industry's most coveted award, the Clio Awards, will take place on Oct 30. Print and television presentation will be made by Michael Demetriades, vicepresident of the Clio Awards. Registration and bookings can be made through M Tay Co at 337-1712.
        50 words
      • Article
        Student to receive 4As scholarship
        40 15 MARIE TEO, a 21-year-old student, will receive the Association of Accredited Advertising Agents' mass communications scholarship award next week. Cam Associates, which kicked off the scholarship fund with a $10,000 donation, will make the presentation.
        40 words
      • Article
        Safra revamps magazine
        125 15 THE RESERVIST magazine takes on a new look from next month as a man's lifestyle magazine. The Safra (Singapore Armed Forces Reservist Association) magazine used to position itself as an in-house publication focusing on Safra news with a small section on entertainment and recreation. With the redesign,
        125 words
    • Article, Illustration
      BM sets up design unit for upmarket brochures, reports
      312 15  -  -by SANGEETA MULCHAND BURSON-MARSTELLER. Singapore's largest public relations firm, has set up a design department to cater to the growing demand for sophisticated annual reports and upmarket literature brochures. The department "has been swamped" with orders since it opened two months
      312 words
    • Article, Illustration
      A goldmine for consultants in corporate identity work
      571 15  -  SHORTAGE OF GRAPHIC DESIGNERS HAMPERS EXPANSION PLANS By GENEVIEVE CUA CORPORATE identity work has become a gold mine of sorts for design and marketing consultants, some of whom are expecting growth of more than 100 per cent in this area. Fuelling the
      571 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      17 15 IF YOU HAVEN'T USED THE MRT, YOU DON'T KNOW WHAT YOU'RE MISSING. Pearl Dean MRT 732 9088
      17 words
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      Page 15 Advertisements Column 2
      257 15 MRT POSTERADS. GREAT COVERAGE OF KEY 1 MARKET SEGMENTS. 1 NOW SRS FIGURES PROVE IT! J 1 Pearl Dean on the mrt 732 9088 S ft A ranking and professional services a tourism and investment a education a interacttve science dbplay a pleasure CRAFT A «*IJ e 1J s p
      257 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Lean excited over filming of Conrad's Nostromo
      809 16  -  r PERSONALITIES By 4 WILLIAM H HONAN Reuter SIR DAVID LEAN is working again. The 81-year-old English director of such film classics as The Bridge on the River Kwmi and Lawrence of Arabia who makes movies only nowadays is casting Ms next film.
      Reuter  -  809 words
    • Article, Illustration
      Lock icon British designer comes under Paris spell
      653 17  -  FASHION By MICHELA WRONG Reuter THE FRENCH fashion establishment has plenty to feel smugabout. Having persuaded a handful of top Italian designers that Paris is the style centre of the world, it is now working the same spell on the British. Left-wing designer Katherine
      Reuter  -  653 words
    • Article, Illustration
      Lock icon Wacky madness and relaxed style
      487 17  -  By EDITH M LEDERER AP BRITISH DESIGNERS abandoned power dressing in their first collections for the *****, some returning to the wacky madness that made London fashions famous and others launching the decade in a relaxed, flowing style. After putting women in sta-tus-conscious, super-structured clothes
      AP  -  487 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1195 16 U/ferr to entertain,., U/frerr to entertain... U/fcre to entertain Whetr to Some like it hot <? Bi Spicy Szechuan dishes served at lunch and dinner daily in the cool, inviting atmosphere of Szechuan Court. Reservations, *****10 or *****85 ext *****/6. THt WtSTIN PlAZA WESTIN HDTtLSa.lUK]*ri THE PERFECT PLACE TO UNWIND
      1,195 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      195 17 entertain.,., j I Happy I Houis En The Park. Our early evening Happy Hours at The Fountain Lounge are if imply delightful. For every drink, you order you get the next one free. Pius, you get 25% off bottle purchases. And to make sure you 're totally happy, there's great
      195 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      712 17 CRYPTIC PUZZLE r ~lB r ~BF iHB r l F~| P~l I ACROSS 30 Foe (5) ACROSS 7 BH 4 Nearly 32 Blackthorn (4) 4 Shrewd about turn in —U U— q[ —H 8 DSitV) 8 33 Implement (4) taste, possibly (6) I I I I 1 10 Danoer (5)
      712 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1256 17 TV and RADIO J Young love j^r VJon Cryec and Dual Moors alar m fto odd coupJe who loodi out other thing or two about Wo In Mo Smmtl AMmtn OUR CHOICE rrr^-nsjs NO SMALL AFFAIR, 10.30pm, SBC 5 including 77w A4mm, Cmnttcyn Demi Moore stars as a pretty rock
      1,256 words
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  • SPORTS
    • Article, Illustration
      Australian players up where they belong
      705 18  -  SQUASH By A SURENDREN THIS CHAMPIONSHIP had a bit of everything. There was a new champion team, there were great games and superlative efforts. There was a top player fined for misconduct and there was even an allegation of drug abuse. It is not
      705 words
    • Article
      Lock icon Quake stops World Series game
      357 18 BASEBALL AP FRIGHTENED ballplayers dashed out of their dugouts and stunned baseball fans watched a concrete overhang ripple above their heads as an earthquake struck and forced cancellation of a World Series game at Candlestick Park. "It could have been a catastrophe," said Will Clark,
      AP  -  357 words
    • Article, Illustration
      Lock icon Pakistan beats West Indies for Sharjah Cup
      430 18 CRICKET AFP PAKISTAN beat the West Indies by 57 runs on Tuesday for a third successive win that clinched them the Sharjah champions cup with one game to spare. But as the West Indies flew on to India for the Nehru Cup, the
      AFP  -  430 words
    • Article
      Lock icon Harding keeps same approach
      204 18 BOXING AP AUSTRALIAN Jeff "Hit ManHarding was a virtual unknown on the world boxing scene when he captured the WBC light-heavyweight title with a dramatic last round knockout over Dennis Andries in Atlantic City four months ago. Harding makes his first defence of that title against
      AP  -  204 words
    • Article
      Lock icon Ali muffles the shuffle
      162 18 AFP MUHAMMAD ALI. the former world heavyweight boxing champion now withered by Parkinson's Disease and devoting his life to Islam, refused on Tuesday to show off his famous shuffle. But he said that he could still do it, and George Foreman, another past champion, said he
      AFP  -  162 words
    • Article, Illustration
      Lock icon Edberg mows down Michibata
      231 18 TENNIS AFP STEFAN EDBERG hammered out a ruthless straight sets win over Glenn Michibata of Canada in Tokyo yesterday to cruise into the second round of the U*****,500 Seiko Super men's tennis tournament The top-seeded Swedish ace, seeking his second title in Tokyo since his victory
      AFP  -  231 words
    • Article
      Lock icon Berger eliminates Canter in Nabisco tournament
      195 18 AP FAVOURITE Jay Berger of the US moved into the second round of the U*****,000 Nabisco Grand Prix tennis tournament in Vienna on Tuesday. Berger ousted countryman Jonathan Canter 6-2, 3-6, 6-1. The second day of the tournament at Vienna's Stadthalle arena began with
      AP  -  195 words
    • Article
      Lock icon Faldo changes his mind
      197 18 GOLF AFP NICK FALDO has changed his mind about playing in the Nabisco Championships in America and will defend his Volvo Masters title in Spain next week. "I have had such a wonderful year that it really would have been a shame not to complete my
      AFP  -  197 words
    • Article
      Lock icon Thai storm scatters snooker stars
      221 18 SNOOKER AFP BANGKOK'S James Wattana is blowing a wind of change through snooker's establishment. The 19-year-old marked his first appearance on British television by "scalping" world number nine Willie Thorne 5-3 in the Reading Grand Prix fourth round. Thorne, who possesses the most famous bald
      AFP  -  221 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      509 18 NOTICES THE COMPANIES ACT. CAP. SB CLEARWAY PTE. LTD. (In MariMn' Voluntary Winding-up) At an Bxtra-Ordlnary General Meeting of the Company held at 141 Middle Road #01-08 OSM Building, Singapore OTIS on 18th October, 1889, the following special resolutions were pew arl: (I) that the Company be wound up voluntarily
      509 words
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      Page 18 Advertisements Column 2
      414 18 THE COMPANIES ACT, CHAPTER 50 Section 290(2) (b) NOTICE OF RESOLUTION CHI AO HLM CONSTRUCTION DEVELOPMENT PTE LTD (In Members' Voluntsry Liquidation) At sn Extrsordinsry General Meeting of Chiao Hul Construction Development Pte Ltd held on the 9th day of October 1989, the following special resolutions were duly passed: RESOLVED:
      414 words
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      Page 18 Advertisements Column 3
      485 18 \s±NOL INEPTUNE ORIENT UNES LTD Neptune Orient Unes Limited U5520,000,000 J Floating Rate Notes Due 1992 In accordance with the provision of ttva Notes, notica ia hereby given that for the aix month period from 19 October 1960 to 19 April 1990. the Notes will carry a rate of interest
      485 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Faber Merlin proposes compromise with creditors
      778 19 Bernama FABER MERLIN Malaysia Bhd has proposed a compromise with its creditors and stockholders under a scheme of arrangement to supplement the financial restructuring scheme the company and its affected subsidiaries are embarking upon. FMMB said yeeterday the financial restructuring scheme (FRS) includes the
      Bernama  -  778 words
    • Article
      M'sian Plant prepares to hive off Segamat Oil Palm on KLSE
      477 19  -  By ANDREA BORCH MALAYSIAN PLANTATIONS Bhd. in which the Kamunting group has s 32.5 per cent stake, is preparing to hive off its whollyowned subsidiary Segamat Oil Palm Plantations Sdn Bhd (SOPP) as a separate listed entity. As a
      477 words
    • Article, Illustration
      Summa to cut interests in Kep Finance
      556 19  -  By WILLIAM CHIA THE INDONESIAN Summa group has given an undertaking to the Monetary Authority of Singapore (MAS) that it would reduce its indirect stake in Keppel Finance Ltd on the successful completion of its takeover bid for listed Sim Lim Investments Ltd.
      556 words
    • Article
      UIC's Oei takes stake in HK property company
      444 19  -  By FOO CHOY PENG Hongkong Correspondent AFTER A THWARTED attempt to take over a Hongkong company several years ago, United industrial Corporation's boss Oei Hong Leong is apparently trying again to gain a toehold in the colony. Mr Oei. through a Hongkong
      444 words
    • Article
      COMPANY BRIEFS
      270 19 MENANQ CORPORATION (M) Bhd said its participation in a proposed joint venture with Samsung Co and Shinheng Corporation of South Korea is in line with its diversification programme. Replying to a KLSE query, it said the joint venture to set up a manufacturing plant to produce high-quality surgical
      270 words
    • Article
      Metal Box (S) buys M'sian fibreboard maker
      416 19  -  By KEVIN GWEE METAL BOX Singapore Ltd has agreed to acquire Malayan Fibre Containers Sdn Bhd (MFC), a manufacturer of corrugated fibreboard in Malaysia, from Australian Consolidated Industries (M) Sdn Bhd. In an announcement yesterday, Metal Box said it agreed to pay M
      416 words
    • SES
      • Article, Illustration
        Adverse news pressures market down by 31 points
        1090 20  -  ABDUL HADHI THE COMBINED forces of a higher-than-expected US trade an earthquake in Califorand corruption charges c against the founding member of the Hong Leong group pushed down local share prices yesterday. The 30-component Straits v Times Industrials Index fell 31.61 points,
        1,090 words
      • Article
        Unit trusts
        304 20 o Manager*' prices for Oct 19 Singapore Unit Trust c The Commerce 1.13 120 n The Savings fund 098 104 S'por« Prog fund 043 047* S pore Sec fund 0.72 0.77 c S pore Invest fund 0.76 081 S pore Equity fund 053 057 Asia Unit Trust Mol
        304 words
      • Article
        COMPANY MEETINGS
        55 20 INTER-PACIFIC INDUSTRIAL GROUP BERHAO: 21st AGM at the boardroom. sth Floor, Wisma Dani. No 1 Jalan Jejaka Empat, Taman Maluri, Cheras, ***** Kuala Lumpur, tomorrow at 10am. AMALGAMATED PROPERTIES t INDUSTRIES BND: 19th AGM at Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail. *****, Kuala Lumpur, on
        55 words
    • Article
      SES SHARE INFORMATION
      6152 20 Gr's Gr's I u 19W L** 1 Vol Day Last Quote Dtv Dtv Y'ld Not M Cop High Low Codo Company Solo or- ('000) High Low Buyor Sollor C'vr P/E Smll 0£T 18 f SESDAQ 1 2L 4000 Amtek Eng 20t 275 4 238 275 260 275
      6,152 words
    • KLSE
      • Article, Illustration
        Market down by 60 points
        3575 21 TUESDAY S enthusiastic mood on the Kuala Lumpur stock market waa short-lived aa invaators turned jittery yeeterday and liquidated their poeition following news of an earthquake in San Franciaco. However, price* managed to finiah off the day's lows on late bargain-hunting. The earty sell-out left
        3,575 words
    • REGIONAL MARKETS
      • Article
        Lock icon Tokyo underwriters hope for more foreign issues
        551 22 BENEFIT OF MARKET LIBERALISATION Reuter MAJOR JAPANESE underwriters are hoping to profit from increasing opportunities for foreign firms to raise funds through issues of shares and equity-linked securities in Tokyo. "The shift in demand from the sovereign to the private sector means equity-linked
        Reuter  -  551 words
      • Article
        Lock icon HK regulator sees financial markets staying volatile
        251 22 Reuter WORLD FINANCIAL markets should get used to stepped-up volatility that is unlikely to diminish in the near future, said Robert Owen, chairman of Hongkong's Securities and Futures Commission (SFC). "I'm sure it (increased volatility) is going to be a phenomenon of the
        Reuter  -  251 words
      • Article
        Lock icon Nissan challenges Toyota with new luxury car Infiniti
        393 22 Asahi JAPAN'S No 2 carmaker, Nissan Motor Co, unveiled its top-of-the-line Infiniti model in Tokyo on Tuesday in a bid to challenge No 1 Toyota Motor Corp for shares in the fast-growing luxury-car market on both sides of the Pacific. Nissan president
        Asahi  -  393 words
      • Article
        Lock icon Marks & Spencer plans HK store
        87 22 Marks Spencer plans HK store Reuter MARKS and Spencer pic has signed a letter of intent with a unit of Hongkong Land Holdings Ltd to lease a 10,000-square feet store in Causeway Bay's Excelsior Shopping Centre. M&S, the UK's largest retailer, will open its fourth store in the territory early
        Reuter  -  87 words
      • Article, Illustration
        Lock icon Broadly higher
        576 22 Tokyo Reuter WARY INVESTORS with an eye on the dollar let the Tokyo index float up slowly on Tuesday's momentum to close broadly higher. Turnover waa heavier but much narrower than in the peat two volatile days. The San Franciaco earthquake dominated talk but did not move stocks.
        Reuter  -  576 words
      • Article, Illustration
        Lock icon Stocks tumble
        492 22 Sydney Reuter A MAJOR EARTHQUAKE in San Franciaco sent tremors through the Australian share market, accelerating its early slide amid fears about Wall Street s performance yesterday, brokers said. The All Ordinaries Index tumbled 32.8 points to 1,629.5. "The San Francisco earthquake obviously indicates the insurance companies and
        Reuter  -  492 words
      • Article, Illustration
        Prices fall on lower volume
        1217 22 Hongkong NERVOUS investor# yesterday told off stocks ahead of the New York market opening on an anticipated tumbling of US insurancs stocks in the wake of San Francieco'a earthquake, brokers said. The Hang Seng index slumped 67.36 points, or 2.5 per cent to 2.626.56. "Some
        1,217 words
      • Article
        Bangkok: Index down sharply
        328 22 THE SECURITIES Exchange of Thailand (SET) Index declined sharply yesterday by 13.61 points to cloee st 673.18 after s significant rebound a day earlier. An SET official said the fall in the SET Index wss attributed to investors who were reluctant to buy shares in the
        328 words
      • Article
        Lock icon Manila: Sharply lower
        185 22 Reuter PHILIPPINE stocks closed sharply lower yesterday as news of an earthquake in San Francisco cooled buying steam after shares opened higher in brisk trading. Wary investors on the Manila and Makati exchanges feared a negative reaction on Wall Street to the disaster. "I don't believe we
        Reuter  -  185 words
      • Article
        Lock icon New Zealand: Weaker
        127 22 Reuter NEW ZEALAND share prices closed lower In moderate trade yesterday following a lower cloee on Wall Street and a late sell-off in Australia. Brokers said players were still looking to Wall Street tor a lead and news of an earthquake in San Francisco could affect US
        Reuter  -  127 words
      • Article
        Lock icon Seoul: Market depressed
        213 22 Reuter SEOUL STOCKS fell on pessimistic 1989 trade forecasts and on news reports that deposits at securities firms were dropping sharply. i The composite index closed at 917.19. down 10.5 from Tueeday. Turnover was s thin 157 billion won against the previous 205.3 billion. Falls led rises
        Reuter  -  213 words
      • Article
        Lock icon Taipei: Heavy losses
        430 22 Reuter TAIWAN stocks closed sharply lower in nervous trading yesterday, set off by bed US trade figures and the strong San Francisco earthquake. The weighted index dropped quickly as news and rumours about the earthquake swept brokerage houses, closing 132.24 points or 1.31 per cent lower at
        Reuter  -  430 words
      • Article
        Lock icon Jakarta: Index down further
        92 22 Reuter TRADING on the Jakarta Stock Exchange continued to slow down yesterday with turnover at 503,100 shares from Tuesday's 587,415. The index lost 5.16 points to 438.60. A broker said: "Prices have dropped a bit because some players just followed the crowd, buying lower as they
        Reuter  -  92 words
      • Article
        Lock icon Three win US$1.8b refinery contract
        187 22 Reuter MITSUI Co Ltd, JGC Corp and Foster Wheeler Corps UK unit have jointly won an order from Indonesia's state oil firm Pertamina to build a 125,000 barrel-per-day (bpd) refinery for about US$l.B billion, a statement by Mitsui and JGC said. The refinery, due for
        Reuter  -  187 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Shares suffer moderate losses
        769 23 New York NYT AFTER a turbulent morning that saw share prices briefly plunfle, the New York stock market on Tuesday closed with moderate losses. Early in the day, trading was halted in shares of UAL Corp, the parent of United Airlines, the stock that touched off
        NYT  -  769 words
      • Article, Illustration
        Lock icon Solid gains in morning trading
        832 23 London AP LONDON share prices cast aside recent gloom to post solid gains in late morning trading yesterday. At noon, the Financial Times-Stock Exchange 100-share index was 17.9 points, or 0.8 per cent, higher at 2,153.4 points, up sharply from a morning low of 2,134.2
        AP  -  832 words
      • Article
        Lock icon Davis withdraws UAL offer
        382 23 Reuter US INVESTOR Marvin Davis has decided to withdraw his US$3OO- offer for UAL Corp but ha is still interested in the company. In a statement, ha said ha had baan told by hia agant bank that in view of the announcement laat Friday by Airline
        Reuter  -  382 words
      • Article
        Lock icon Rush to buy shares in Euro Disneyland
        440 23 AP EUROPEANS HAVE ruahed to buy sharee in a new Disneyland being built in France, reeponding to what ia believed to be the moat wideepread offer of stock to individuate on this side of the Atlantic. The sale, trumpeted by advertising campaigns in
        AP  -  440 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1310 23 Reuter PAR 18: French share prices were slightly firmer at midsession yesterday but well off early highs as the market waited nervously for Wall Street s opening. The CAC40 index was 0.53 per cent higher by 1200 GMT at 1,815.26 after opening at 1,828.47. "We expect Wall
        Reuter  -  1,310 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      148 19 ENOUSH LANGUAGE x DEVELOPMENT CONSULTANCY Professor Matthew Macmillan, C.8.E., M.A., formerly Controller of the British Council's English Language and Literature Division, will be in Singapore from 20th October 1989 to 25th October 1989. Institutions and corporations that are planning immediate and long term English Language needs may wish to avail
      148 words
    • Advertisement
      Page 19 Advertisements Column 2
      92 19 Gerald genta I no KIT EXKItr nursup s nmuNDB.: See us at our booth at the Australia Comes to Singapore consumer and trade exhibition m the centre of Raffles Ballroom (Raffles City), 18-22 October. We'll tell you everything you need to know about import/export regulations property investment jotnt ventures taxation
      92 words
  • Page 19 Miscellaneous
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      189 22 I [IMPORTANT PUBLIC AUCTION RARE, OLD ANTIQUE PERSIAN, CAUCASIAN, EASTERN TRIBAL, VILLAGE MASTER WORKSHOP CARPETS RUGS IN SILK WOOL from the 19th and early 20th Centuries AN EXCEPTIONAL AND EXTREMELY VALUABLE COLLECTION of RARE, OUTSTANDING AND UNIQUE OLD AND ANTIQUE CONNOISSEUR EXAMPLES OF TRADITIONAL EASTERN KNOTTING ART OF THE HIGHEST
      189 words
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  • Article, Illustration
    Call for concerted action to help poor countries
    144 24  -  By LOH HUI YIN, JOHN THOMAS THE COMMONWEALTH Heads of Government meeting opened Mere yesterday with strong calls from the Malaysian and British prime ministers for concerted action to improve the economic tot of poor and debt-strapped countries. Also, a potentially problematic
    144 words
  • Article, Illustration
    Certain elasticity in accepting HK people if catastrophe occurs: PM
    678 24 and human rights to hamper economic growth in the developing countries, he said. Or Mahathir suggested a bold financial initiative to help ease the debt problem of African countries. Since most of them could not service their debts, which are
    678 words
  • Article
    Junk bond industry very much alive: Drexel head
    526 24  -  By ANDREA BORCH DESPITE THE recent slump in the high-yield bond industry, bonds will continue to finance growth and mergers and acquisitions. Mr John Shad said yesterday at a press conference. Mr Shad, chairman of the board of the Drexel Burnham Lambert
    526 words
  • Article
    Lock icon Unocal to invest US$2b in Thai gas fields
    186 24 Reuter UNOCAL THAILAND Inc Is planning to spend US$2 billion over the next 10 years to develop offshore natural gas fields in the Gulf of Thailand. A spokesman for the company. a unit of Unocal Corp, said about US$l.4 billion would be
    Reuter  -  186 words
  • Article
    Lock icon KL says no approval yet for BP'S M$2b project
    193 24 Reuter THE MALAYSIAN authorities have denied they had approved a Ms 2 billion petrochemical project proposed by the British Petroleum Co pic. They were commenting on newspaper reports quoting the chief minister of the north-eastern Trengganu state that BP's Malaysian unit
    Reuter  -  193 words
  • Article
    Lock icon Honecker steps down, 52-year-old security chief takes his place
    363 24 Reuter AP EAST GERMANY'S veteran Communist Psrty leeder Erich Honecker stepped down yeeterday end wss repleced by security chief Egon Krenz, the official news agency ADN announced At 52. Mr Krenz ie the youngest member of the ruling Politburo which Mr
    Reuter; AP  -  363 words
  • Article
    Modest increase in US use of facilities
    212 24 HEAVIER USE of Singapore's military tecilitiea by US fore* •hitting part of their presence from the Philippines will begin early next year, the Foreign Affairs Ministry said yeeterday. Releasing details about the extent and degree of increased uee of Singapore's military baeee by
    212 words
  • Article
    Lock icon Soviet call for more trade, political ties with Asean
    183 24 AFP A SENIOR Soviet parliamentarian has called for wider political conaultationa end a boost in trade with members of the Association of South-east Asian Nations. Fikryat Tabeyev, chairman of a Supreme Soviet foreign relations sub-committee, who visited the Philippinee in August,
    AFP  -  183 words
  • Article
    Lock icon Aquino to launch fund at NYSE
    145 24 AFP PRESIDENT Corazon Aquino will formally inaugurate a US$6O million fund to raiae more investments in the Philippines during her US stste visit next month, officials and bankers said in Manila yeeterday. The launching of the Philippine Fund at the New York Stock Exchange
    AFP  -  145 words
  • Article
    Lock icon Comex gold and silver
    117 24 Reuter COMEX gold futures were higher eerly yeeterday following a firmer London market and overnight Far Eaat buying, floor sources said. The New York energy marketa were expected to open higher and further support the metal due to fears of damage to oil refineriea and pipelinee
    Reuter  -  117 words
  • LATE FILE
    • Article
      Lock icon Japan-Asean Co stake sold
      40 24 AFP THE Japanese government has sold its 50 per cent stake in Japsn-Asesn Investment Co Ltd (JAIC) to s group of Japanese companies for an undisclosed sum, s senior Japanese finance ministry official said yesterdsy. AFP
      AFP  -  40 words
    • Article
      Lock icon Steel export quota to US cut
      41 24 AFP JAPAN'S steel export quote to the United States has been cut from 5.8 per cent to five per cent until the end of next year, s Japanese news sgency Jiji Press reported yeeterday. AFP
      AFP  -  41 words
    • Article
      Lock icon Meridien freezes China hotel plan
      55 24 AFP THE French hotel chain Meridien, a subsidiary of Air France, haa aaid it is abandoning plans to open three new hotels in China. The group had intended to open hotels in Guangdong, Shanghai and Chengdu, but managing director Rodolphe Frantz said this project had
      AFP  -  55 words
    • Article
      Lock icon EC seeks to extend duties
      33 24 AFP THE European Economic Community's executive is seeking a two-month sxtension of anti-dumping duties provisionally applied against Japanese spd South Koreen compact disc players, officials said yesterday. AFP
      AFP  -  33 words
    • Article
      Lock icon Gorbachev under press fire
      31 24 AP SOME Soviet journalists are threatening to strike over President Mikhail Gorbachev's rebuking of outspoken editors, and a group of legislators accused Gorbachev of using "pressurs tactics."
      AP  -  31 words
    • Article
      Lock icon New UK anti-tank system a flop
      50 24 AFP THE BRITISH army's new an-ti-tank weapon system is "lata, expensive and ineffective" against the latest Soviet armoured tanks, a House of Commons defence commission report said. The weapon was five years behind schedule and had outstripped its original budget by US$BO million. AFP
      AFP  -  50 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      59 24 FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733 5334 Europe's No. 1 air-taxi operator Is now offering Its services from Singapore; corporate travel, leisure, medivac and diplomatic flights; trading, leasing, financing and management of business Jets. 20 Kramat Lane
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      Page 24 Advertisements Column 2
      33 24 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex, fax. copier, word processing, secretarial services, conference room, answering service, long snort term lease vou name it!
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      Page 24 Advertisements Column 3
      47 24 w^gnHHH^^pFy v i^Sslo%B r K^l^R^6l^' Nr^^feyF m Ly^rT SINGAPORE A CUT ABOVE THE REST YOUR CORPORATE IMAGE IN FINE SILK TIES AND SCARVES Ander Tics Badges Mfy Pte Ltd Blk 1014. Geylang East Ave 3. *04-218 Singapore 1438. Telephone: *****12 Telex: RS ***** ANDER. Fax: (65) *****55
      47 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Fincantieri wins ship order
        86 25 Reuter FINCANTIERI SpA, the shipbuilding subsidiary of Italian state industrial holding Istituto per la Ricostruzione Industriale SpA (IRI), has won an order worth more than 100 billion lire to build a mineral ore-carrying ship, Fincantieri said in a statement in Trieste. The ship, with a 260,000tonne
        Reuter  -  86 words
      • Article
        Lock icon Rotterdam tank farm blast kills one
        101 25 Reuter ONE PERSON was killed, three badly hurt and another is missing feared dead after a chemical storage tank exploded at Paktank in Rotterdam, police said. A spokesman for owners Pakhoed Holding NV said the blast, at one of Europe's largest tank farms, occurred
        Reuter  -  101 words
      • Article
        Lock icon Hudson Bay sees more shipments
        93 25 Reuter GRAIN SHIPMENTS soared nearly 600 per cent during the 51-day shipping season of the far northern port of Churchill on the western shore of the Hudson Bay, said port operations manager Alan Johnson. The last vessel of the short season left Monday night, bound
        Reuter  -  93 words
      • Article
        Lock icon Fire-damaged ship has wheat
        82 25 Reuter THE AMERICAN bulk carrier Pride of Texas, which reported a fire on Monday in one of its holds while at anchor in Mombasa, is carrying 20,000 tonnes of US wheat, Lloyd's Shipping Intelligence Service said. The fire only affected the top layer of the wheat,
        Reuter  -  82 words
      • Article
        Lock icon Mannesmann wins Saudi contract
        75 25 AFP WEST GERMAN tube and mechanical construction concern Mannesmann said on Tuesday it had signed a US$3OO million contract for an oil pipeline extension with Saudi Arabian oil company Raudi-Aramco. The extension of the pipeline linking Gulf oil fields with the port of Yambu on the
        AFP  -  75 words
    • Article
      Lock icon New Zealand ports may reopen today
      127 25 Reuter WORK COULD RESUME at New Zealand's four major ports today, ending an 18-day stoppage that has brought them to a standstill, a union leader said. Talks were being held yesterday in an effort to end the dispute, which centres on a demarcation clash
      Reuter  -  127 words
    • Article
      Index to advertisers
      907 25 Poge Column ABC Contoinerline Eleven 5 Accord Shpg Eight 3/4 Albotros Seo-Air Seven 5 ARC tine Seven 5 API Five 3-5 Arrow Lines Eleven 5 Asian Express Ten 2/3 ANl Three 1/2 ASCI Five I Bolt Conoda tine Nine 4/5 Bolt Orient tine Nine 4/5 Baltic Orient
      907 words
    • Article
      Hongkong shipmanagement company shifts key operations to Singapore
      421 25  -  By RAHITA ELIAS HONGKONG SHIPMANAGER Tanker Pacific Management has shifted most of its operations to Singapore. A new company, Tanker Pacific Management (Singapore), was incorporated on Aug 22 this year and is understood to have started operations only from this month. Hongkong
      421 words
    • Article
      NVOCCs set up northern Europe, Far East network
      383 25  -  FAVOURABLE RESPONSE FROM SHIPPING LINES AND SHIPPERS By ZULKIFLI ALWI A GROUP OF 11 non-vessel operating common carriers (NVOCCs) in Asia and the UK have formed a network to serve trade between northern Europe and the Far East. The network, named Far
      383 words
    • Article
      Lock icon Australian submarine builders eye Asia
      274 25 AFP FOUR YEARS before its first hull even hits the water, an international consortium building six submarines in Port Adelaide for the Australian Navy is turning its eyes to Asia for future orders. Construction work has just begun at the Australian Submarine Corporation Pty Ltd
      AFP  -  274 words
    • Article
      Corrections & Clarifications
      87 25 Corrections Clarifications SHIPPING TIMES on Oct 16 carried an article "APL stops calling Colombo" based on an overseas report. American President Lines has clarified that it is still calling Colombo twice a week on both its eastbound and westbound legs on its linehaul vessels between Kaohsiung and Fujairah. Cargoes to
      87 words
    • Article
      Lock icon Conference, lines negotiate a European Discussion Agreement
      252 25 Seatrade Week CONFERENCE and independent lines in the Europe/Far East trade are negotiating to form a European Discussion Agreement (EDA) similar to the Transpacific Discussion Agreement (TDA). Following the success of the Transpacific Stabilisation Agreement, which grew out of the TDA, lines in
      Seatrade Week  -  252 words
    • Article, Illustration
      Maintenance-free trailer system available soon?
      1077 26  -  This fortnightly column is aimed at transport companies and anyone else interested in the movement of goods by trucks and trailers. It will discuss issues such as maintenance, new equipment, overseas and local developments, and new products. Should you have any queries or problems to
      1,077 words
    • Article
      Shipping events
      421 26 Oct 18-20 Indo Energy 89, Djakarta, Indonesia. Oct 23-24 Offshore safety and reliability, Joint Offshore Group Royal Institution of Naval Architects and Institute of Marine Engineers international conference, Heathrow Penta Hotel, Heathrow. London. Oct 23-27 Advanced reinsurance practice. Insurance Reinsurance Research Froup course. The Tower Thistle Hotel, London
      421 words
    • Article
      Container schedules/Ships in port
      1944 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdn Ship Voy Arrival Transtainer Schedules Blk Op Date/Time Time From Time To Booking Gate Al Woibo 47 21 1089 1500 19/1530 19/1600 Doc 2 Q5 00 FOS 20 0300 *****0 NA 2 00 F07 An fremontle *****
      1,944 words
    • Article
      Consortia
      157 26 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Neptune Orient Lines Orient Overseas Container Line ANRO (Stralta/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines Neptune Orient Lines MAIN (StraHa/Japan): Interasia
      157 words
    • Article
      Lock icon Rail traffic in Soviet Union remains disorganised
      264 27 AFP SOVIET RAIL TRAFFIC remains badly disorganised, with rolling stock failing to be moved on time and freight piling up in depots around the country, according to Soviet Deputy Rail Minister Valeri Butko The problems were partly due to a six-week-long blockade of
      AFP  -  264 words
    • Article
      London Freights
      962 27 TIME-CHARTERING on Tuesday appeared fmirty active and included two ahipa to Soviet operators for trans-At-lantic round voyages, brokers said. However, one of the vessels had already been mentioned aa fixed late last week and details have only now filtered through to the market they added. This involved a
      962 words
    • Article
      Shipsales
      574 34 SECONDHAND TONNAGE brokers reported the sale of two Soviet Union flagged vessels for demolition. These were the Tovra, motor tanker of 4,093 light tons, which went to European interests for US$B5 per light ton, and the Nanaets, motor vessel of 2,525 light tons, which sold to Thailand for US$l65
      574 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      28 25 ISSI A lively PPPway with mm wonb good bookshop* Federal Publications or advertising and circulation enquiries, please call Business Times, •I: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      28 words
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      Page 25 Advertisements Column 2
      18 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National V*-!*><#>A/ Shipping Association.
      18 words
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      Page 25 Advertisements Column 3
      245 25 "The Illustrated Encyclopedia of Wildlife" PVMMMHRI Fort night Iff good r _-m bookshops nrirs-sramfs.^j •TP MAKING THE RIGHT BUSINESS DECISIONS STARTS SUBSCRIPTION TO j SINGAPORE X in J BUSINESS pj Jh -st- y° uml j |V receive! YOUR PRIZE A DUNHILL WiflCH SUBSCRIPTION RATES «b Dunhill Elite is a 12
      245 words
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      Page 25 Advertisements Column 4
      131 25 INSIDE HMssy^ a cotumn L A Maintenancefree trailers? We could be heading for a maintenance-free trailer system. Afterall manufacturers are forever trying to improve systems so that they have as little human interference or dependence as possible. PAGE II Soviet rail traffic disorganised SOVIET RAIL TRAFFIC remains badly disorganised, with
      131 words
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      128 26 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. OCT 16, 1989 lEGINO R direction with speed knots Surf oce mdi or* indicated by arrows which Ny with riw wind Q One lul orcl* represents calm or fcght and variable winds J—•. One hart Heche represents 5 knots I—*. One ful
      128 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1646 27 -JARDINE SHIPPING AGENCIES M %11 If# 200 Cantonmant Road #12-06 Southpomt. Sinpport 0201 All If# T«l 221(011 TELEX MO RS 2*179 CJCiJCL rM&sr**' m 1,1 m LSfti B^msnfi«sub XJc-dicatcd >o Qglity S.'rvi,>- m IMPORT EXPORT warn/mm uh icna an lute lure mpii vamtniM lu> low into inyc wr» ooamonw u
      1,646 words
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      Page 27 Advertisements Column 2
      1917 27 I DESTINATIONS 1 TNe Mk MaMMa M Ctoatng Time Nrtu by CV Mrw 0400 HRS M Faroo 4 I——i^— cn tano mo nm m. tmto oak |los |hou |mb* |ah |ma [cm |sm. I pnl w*c I mow tow UATVBLOC 8888 I 24/10 2*lo In PI 121/10 11/11 I*ll 15/11
      1,917 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1004 28 H||^2l2l^^l|^JJ3wKiSHL&tel^H&ULlMlMHJJUißOal^HHl' 1 11 ROTTERDAM/ VOY NO S PORE P. KELANO SOUTHAMPTON HAMBURG BREMENHAVEN AWTWW LE HAVRE LAMM BAY 17/OM 28/10 27/10 1-4/11 18/11 18/11 JWII 21/11 CITY OF EDINBURGH 98/906 28/10 2WII Wll Wll I* LONOON EXPRESS 08/881 1711 3/11 21/11 »/11 »/11 tfAMMiA I 08/907 2/11 28/11 22/11 24/11
      1,004 words
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      Page 28 Advertisements Column 2
      485 28 RORTHBOUNO TO UKC rfORE ROM/A OAM NB6 MOLL (UX) IVYBANK V-25N VIJ 4/12 IfU U^U TAUSAU SAMOA VJON M 2 S/l M/l 14/1 CLYDEBANK V-27N M/ 12 29/1 9jl •Mm irntmm PCI M■ I lit I -It 111 111 111 ■> 11 11"» ■rT 111 jT i■ ml t BOUTMBOUMD
      485 words
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      Page 28 Advertisements Column 3
      950 28 El gOßflWfl MMKM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE m VSL/VOY .SIN CUI PUS ALG BCL FEL HAM ME ROT ANT LMA r flfIA (VIA (VIA ALD HAH) lOT) ARABIAN SEA SOW 2*lo 24/10 Ulll/Umilli/UIKUUniHU Zl/U22|U NORASJA SHARJAH 0813 27/10 31/10 U/U U|ll JOrtl 2301 2VII */ll 27,11
      950 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1433 29 Steamers Maritime Holdings Ltd W« p&o I JPP m straits shipping] I Containers mm gJISSf"** •>" 'Jo*! ra« hi n—rf uk SVi—, s2" S%IS Si SS «amc«w Due w iomom Exmss mm wu mmu wi w «u straits venture vac Huao. la kk i« Rwt a Oct SmqUs £1 ST
      1,433 words
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      Page 29 Advertisements Column 2
      1468 29 TQ: BißfiEE TO: FAR EAST rw "J 808 MAM ME FIK STOW NR RAO W 2£Tf£!2?.!!7 aw wi mu wi iw CNOYAM MM Mi 3*ll O/ll O/U 00l SSS Wl 22/11 Zl/U */U 2*ll 27/11 HAAJ IN OAKLANO Ml «fll «1 WU li|U HANJIN MASAN WW 11/U 21/11 Wll 11/12
      1,468 words
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      Page 29 Advertisements Column 3
      29 29 HIQUUH ttBVKH TO KARACHI S'POR£ LOADING FOR HUA HE VIU apt KARACHI Mum SHWUSAWA MCISMM NTT TRANSPORTATION CO <Trt) LTD II T«« 223M22 Tta: RS »«11 Fw 223 MM
      29 words
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      Page 29 Advertisements Column 4
      303 29 Bag stiaits/ japan/ siwrs service SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SOU* TANJUNG ASIAN KOOGEGRACNT MATSUYAMA PIKAN6 CUPPER voy.no. a s in s s*por» um am am am P. KatM| la Nit 1/11 Hm| Kong Yokohama 11/11 Osaka u/u INI Fiiboihi "far Diacharging (My NOTE: ALSO CALLING OTHER JAPANESE POUTS,
      303 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      705 30 INftftlftfT fBTWI I K! OUAM/aAIPAN PIUCT tjß Yin (■/BULK COMTAMKA) ETASPORC GUAM SAIPAM BMfB 1-2 NOV IS NOV M NO* MBPW MNOV MOB ÜBCC •mkronom ram mmct calls suuerr on moucoknt mss MOW TfIRPT AT RUAM •OOTM pacific mviCK MOTRER ySL LOADING FOR: dciawa Exnor n yii ruam cwux saipan
      705 words
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      Page 30 Advertisements Column 2
      649 30 67) HAN JIN SHIPPING] FULL CONTAINER SERVICE ftalioan. Ikt nmmr+m SESi-.— CRRYAMCHANCE MRi 21/10 VII yil Mfll Wl IVI SuuaTLuoW!* *5? JJS22 "H NANNN U HAVRE MMI W 22.11 »11 IWI W» 27A1 SSSJSiS. l *L ,2} gS**. l Jg HMUM NAIAN MM llfll 2*ll »i: 1/U 2/12 Vl2 «OTA«
      649 words
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      Page 30 Advertisements Column 3
      185 30 GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT KELANG PENANG BANGKOK ALSO ACCEPTING CARGO FROM HONGKONG TO MALAYSIAN PORTS VESSEL LTJL VOT NKC BM W* P* WW I*6 MV HOWC QIU7 SM SM In Pt 21/1B Ogll M/V TAI BAO iim 05/U
      185 words
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      Page 30 Advertisements Column 4
      1076 30 jTZWziU d -1H -T3~3T^^ I m tf'w nt nu w MTMminuK M'nru m'vi I rwi u*oi* in m w w SI nu isii7liijuiSu I I ALB ACCBTOM CAOM TO: I o !SB£IK MmMl^WM a alNU MHTKM. TMONTO MA Ml MM I I HmHBAi evv I o atunta. cmcam HTwrr. im—
      1,076 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1042 31 BOPPING TIMES, Thursday, October 19, 1989 ~=Off PACIFIC INTERNATIONAL LINES (PTE) LTD J gl PIL Building, 140 Cecil Street Singapore 0106, Tel: *****33 Mta VOY MM jkt my VOY mm kao ym "*> MOMWHTT «M SU> WHS M/IS <M MfW ISHI 11/11 £1 JJJJ SOWA 4MB SSHS *11 *11 MM
      1,042 words
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      Page 31 Advertisements Column 2
      581 31 raaa rjuM m wa a-wwnaaai mm I AUikn M urn w w U|U «l HP 1 kfeiM ton— w w p w I i*»a« ZVM nm mi *u w mi w I c%mni» am w mp p m p UMebprea VU «U n/U ai: ani *u mu tapi m »w
      581 words
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      Page 31 Advertisements Column 3
      285 31 DJASAGETRI A Jew Europe Sef«l»Oh f.T. amuan urn r.r. torn um p.?. smmqu aMMMeM. nana* um i Mv"KUTAI VOY 18 WB (FAST TRANSIT) 11 ETA ypom. M OCT WD l/ll] S3SP- '.S IB also Acarnac ootn twrrAmm. cJomjgmojAL camoma ip TaLKi^^SjlO^ 1770 floos SB I^^^^ST«AffTsAlsTsri^^AS^sAs^svi^^» I mum* 155 m 3I
      285 words
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      Page 31 Advertisements Column 4
      422 31 rdgt? orvro i I I (|A V iMt MYANMA WMH FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) S'port P.KeUnf Pwwin Bangkok maoS j* l Z ■ROCNMLV A THE BANK LINE BB to pawa CPU—UI SINGAPORE V2S JST KMAYRANK VMS (CALLING KMC DIRECT) (FUG pvtK FOOT MMESSY/LAE/RABAUL) Tft
      422 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1240 32 I 'JJ'SrIL,. VOV ,0 TW*6 [SOP LB CMS NfX NfC HFX OOCL FRIENDSHIP 11 11/10 17/10 19/10 11/11 21/11 23/11 25/11 29/11 21 23/10 24/10 7w w w mi vu vu H OOtt. FORTUNE 17 30/10 31/10 2/11 2501 5/12 7/12 J/12 13/12 AMBASSADOR BRIDGE 25 i/11 7/11 2/12 12/12
      1,240 words
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      Page 32 Advertisements Column 2
      649 32 EXPRESS CONTAINER SERVICE liiiipMin fCUTCL CMMMTI SmpfOTt f.Mtol Ami Lm*N|lw. MoOmt M F«dar Fato tucsioas y.a aOd MM MM NmMNMMMRM KAUOA3 IM 3Ok 27 Ito 27 Nm Fiu*totoHM*to TULSI DAS *«S II 0« 10 DK UDK riwyttoifl|M>to HAL I OAS* 47 »to 13 JM Uto F I *llßflj>l*U tulsioas v.«
      649 words
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      Page 32 Advertisements Column 3
      534 32 "Vv??*! GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD SL 1 a T»I0« Af*r Strwt SINCAPOHf 01M Til uuw (It LINES) Fu U4JSM STRAITS/PERSIAN GULF SERVICE: Tmn P. Ktom Nm* Q»WQ WWI KuKto/IXMg—R ?VK Oct -T^ QOLDtK VON Oil ;«ort»«*iOiiDut» toS M CHINA ttJTVKt GUAMC SHU I 22 Oct dai ruw
      534 words
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      Page 32 Advertisements Column 4
      673 32 VESSEL lETA SINGAPORE IDESTINATION f I TM am 22M DUBAI DAMAN, KUMAIT, I »T» DOHA MUSCAT BAHRAIN lAMJONAM A SMARJAN TM a/M.lOl JEMAM (LCLj WEEKLY I I AQAIA. HOOUOAM ■TS WM. 27m, NJUM&. KORE. TOKYO. KEEL kJNG, I 411 KAOMSiUNG, MMNLA, BANGKOK I BUSAN, JAKARTA I |rW WM.2UM COLOMOO, KARAON.
      673 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1309 33 Ajetto Sport WPTUNE AGDWES PTI. LTD. W k^T 7 WFUNE SON BHD i£r E? S as 1 isar ssr as Z7901®. 279C116 Yfc. --V "-X BBH 290(1 27»1!§ 279Q1M vprr 3 mm "fc HBH \neptune orient lines ltd 111 FRH fro gjCT l !f7''yi£ T £J£ 5m wjff 5w rM»
      1,309 words
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      Page 33 Advertisements Column 2
      907 33 SINSOV i! SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 < Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMM p. BVBS *-gjpUJIM® »B TM *****1/*****1 Th MA ***** "FEW.OS" 22nd Fir. UMBC Mmi
      907 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      646 34 [^jSSRHUHES|^ INTEGRATED CONTAINER SERVICE IfftHU OF EACON SERVICE TP EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE m 1 OQTIOUNO SIN *ICA ANT ROM NN RST E. >A£UMNN l/RB la PI 2/11 11/11 11/11 13/11 «jll RIfcBELANO a/IB M/ll M/ll M/ll a/11 a/11 W JN.MKMT 0m maT a/u mm mi u/u m/u
      646 words
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      Page 34 Advertisements Column 2
      485 34 jugqunual <s ma m a m—™ PtIMORJC 20 OCT a OCT 17 OCT 25 OCT Mm** tanit/Tn»oh. Itanm. f. SMd. Imml, MMI, OrtN, MHW KM 21 OCT a OCT 25 OCT far. Mw, Trw* taw UKAI 1 NOV NOV I NOV (NOV IMI Ntf. ftrtl MNVATSM H> NOV U NOV
      485 words
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      Page 34 Advertisements Column 3
      125 34 Bonterml GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LOMGBEACH EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment, Doorto-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. STORE TEL- *****5S FAX: *****61 P. KELANQ TEL: 03-*****67 FAX: 66-*****71 MAMLA PULL CONTASCR SERVICE VESSEL VOY SING I MANILA SI NO
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      Page 34 Advertisements Column 4
      425 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETO LOADING FOR DELI I NOAH IN PORT 17.10J9 PANJAM/PK. BALAM NASA JAYA 25.10J9 X.10J9 PANIAM LAMPUM6 JAYA 2410J9 26.10.89 SEMARAN6/PANJANG PINAN6 JAYA 16.1QJ9 17.10J9 PANJAM6/PK. BALAM PBNTA JAYA 2aiOJ9 21.10J9 PAMJAHfi/MKAJfTA ABADI JAYA 21.10*9 23.10.89 PANJANfi
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      Page 34 Advertisements Column 5
      594 34 ASEAN PORTS BANGKOK SAILINGS A WEEK I taw Hock Awb Co Ltd BKK (Tot *****K) XMum ict ti» tin >■ nm~ thana m <an h\ mpt mm am mqana pacific m mm afa nw am km tm mi w vm hya mm am mat am st am mum vm n*
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      Page 35 Advertisements Column 1
      654 35 I I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI I ■IANKA SRIMANI 71W 20/10 1/11 I ■LANKA SIRI 129W 22/10 I HLANKA SRIMATHI 71W 03/11 14/11 I LANKA Sim 130* 06/11 I I ALSO ACCEPTING CAMO (FCL/LCL) FOR: I IA) INDIAN PORTS I I MADRAS; TUTICORIN; COCHIN; MAN6ALORE; BOMBAY I I Bl
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      Page 35 Advertisements Column 2
      308 35 ACCEPTING FCL AND CONVENTIONAL m*tn «ta uMOMran nto, bt 4/11 DAHO4AIAAM. MOW»»A MMUTI vwr i 7*» m worn PQ MEN HUNG UNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG ACCEPTING BOTH FCL/LCL CARGO Vaaal Spore P. Louis Durban Johanneburj POOLORACHT Y-P93S 2S/10 11/11 14/11 BLESS CNTR Y-B 921S
      308 words
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      Page 35 Advertisements Column 3
      833 35 > CRYSTAL FREI6HTI SERVICES PTE LTD TEL: *****M/Z*****2 HONOKOMQ7 CHMA 21/10 ft 27/10 BANGKOK 22/10 ft 2S/10 P. KELANQ/PENANO 27/10 ft J/11 BUBAN 20/10 ft 2/11 KEELUNQ/KAOHSKJNG 22/10 ft 20/10 MAMLA 23/10 ft 00/10 JAKARTA 21/10 ft 20/10 SYDNEY/MELBOURNE 20/10 ft 2/11 FREMANTLE 1/11 ft 15/11 PORT MORESBY/LAE 27/10 ft
      833 words
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      Page 35 Advertisements Column 4
      358 35 BAY OF BENGAL SERVICES ICSIELI Wt SM BAA CAI Cil SUSAK 84N 21/10 28/10 CALABAR 78CNB 24/10 30/10 TIGER BAY 85N 29/10 5/11 LEUVE 9113 30/10 4/11 8/11 SUSAK 86* 4/11 11/11 CALABAR 79CNB 5/11 11/11 TIGER BAY 87N 12/11 19/11 LEUVE 9114 15/11 20fll 24/11 MNOAPORE MADRAO SHUTTLE (0
      358 words
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      Page 35 Advertisements Column 5
      259 35 TO AUSTRALIA/HEW ZEALAND fiS Wl *—W» tr*m tmttmt >■* !0t Twranoiaw wu mi «i ttu wu nra r LMMtsa wu W2 in "55 *2 IS i}• Mwmai z7/u ~m w w m JJJ c-mtumm w m ~w m w Mh accaatlfw cara Ik- j J AUSTRALIA MlllHl. Brlitim -J2 NEW
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      Page 36 Advertisements Column 1
      1173 36 uvi »jnAi MERCHANT MARINE CO., LTD. EASTBOUHD TO USA 11 WESTBOUND FROM USA ITO PSW SIM tW6 LH OAK SEA FROM PSW LRU OAK SEA HUG sin HTUMMi IOMBMNDU IS WW 20/» U/U 1101 IS/U HYUNOAI INNOVATOR 2M 10/00 21/00 24/ M 12/ M »/10 imjnoAi noma m vtvt az/u
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      Page 36 Advertisements Column 2
      878 36 I JE CONTAINER LINE)! TEL: *****59 FAX *****83 ™^3uaramte^s^ONSO^EßVKsE^™ (ALSO ACCEPTINQ FCL BOOKINGS) FAR EAST PORT KELANC ft Z7/M IRAMLA mS p«A*c 2oatt vao busam 25 ft vu BANGKOK aio i 24.18 TOKYO MM A 2/11 HOW KO*C 24/10 4 8/11 KOBE SS 2^ CNMA I*lo 4 24/ l« NAfiOYA
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      Page 36 Advertisements Column 3
      619 36 J/EEmUnm*\!mMxßEMEtWwmnElSßtt9&oyj* new USA taNwjM ~~*T~ NMjm. IGCmS Mr SHTH pHrTBTTKn^ nSTTHnpRTTISERVICE CALLS MM MTAM *5 IMM IAUNAYM NMY VJDI NOI lUAI IUW |MW jwil |MW |l«U IWU ***** SINGAPORE mmamtam yjn |n/a [mihaym wcymy" maw ~sa lam lam liyu [ma law lam lam |mi M DIRECT EVERY mhmmyam wjn lara
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