The Business Times, 20 October 1989

Microfilm: NL16820
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES 75 CENTS MCI (P) 45/12/88 FRIDAY, OCTOBER 20, 1989
    11 words
  • Article
    Lock icon Dow up
    63 1 Reuter THE US stock market staged a broad advance yesterday morning, extending its recovery from the "Friday the 13th massacre" with encouragement from better-than-expected inflation news. The Dow Jones average of 30 industrials climbed 15.57 points to 2,659.22 at 10.30 am New York time (10.30pm here)Gainers outnumbered losers
    Reuter  -  63 words
  • Article
    Footsie up
    49 1 LONDON share prices were firmer in modest early afternoon trading yesterday, boosted largely by technical factors linked to a squeeze among market players shopping for blue chip stocks. At 1200 GMT, the Financial Times-Stock Exchange 100-share index was up 16.1 points, or 0.7 per cent, at 2,186.2.
    49 words
  • Article
    FINANCIAL NEWS SUMMARY
    146 1 Stock Indices Thursday ST hdustrfate Index 1337.12 26.9) BT Composite Index 1208.95 22.12) NST industrial Index 2,476.04( 65.14 HK Hang Seng Index 2,663.37.( 34.82 Tokyo Nikkei Average 35,374.22 266.66) Sydney All-Ordinaries 1,657.9 28.4) W«dnMday New York (Dow Jones) 2,643.65( 4.92 London (FT 30 Index) 1,758~5( 27.8 Exchange
    146 words
  • Article, Illustration
    Regional markets post strong gains
    261 1 BOOSTED BY Wall Street's better than expected performance after the San Francisco earthquake, regional stock markets rebounded to post strong gains yesterday. The Tokyo stock market, which was the only one to hold its own on Wednesday, continued on the upswing on selective buying by
    261 words
  • Article
    Cement prices to increase by 19pc next month
    489 1  -  By ELAINE KOH THE PRICE of cement is set to go up by another 19 per cent next month, making It the fourth hike this year. Cement In bags will cost $139 a tonne, an increase of $22 over the current $117
    489 words
  • Article
    Plan for a lower tax rate for world traders
    385 1 THE GOVERNMENT, stepping up its efforts to develop Singapore as a global entrepot, plans to introduce a new tax scheme next year for international traders in Singapore. Under this scheme, companies granted Approved International Trade* (AIT) status will enjoy a tax
    385 words
  • Article
    Lock icon US consumer price index up 0.2pc
    124 1 Reuter THE US CONSUMER price index advanced by 0.2 per cent last month, after an unchanged rate in August, with the rise led by higher clothing and medical costs, the US Labour Department said last night. A dip in transportation prices moderated the rise,
    Reuter  -  124 words
  • Article
    Lock icon Manila to sign debt reduction accord
    155 1 AFP THE Philippines will sign a debt reduction accord with its foreign creditor banks in January which calls for about US$l billion in fresh loans, a top bank official said in Manila yesterday. Eduardo Espiritu, president of the state-owned Philippine National Bank (PNB) and
    AFP  -  155 words
  • Article
    Ball WCRS S'pore wins $20m Air India worldwide account
    448 1  -  By SANGEETA MULCHAND THE BALL WCRS Partnership s Singapore office has clinched the Air India worldwide account worth $20 million a year, or 5 per cent of what advertisers collectively spent in Singapore last year. The account was awarded to the
    448 words
  • Article
    Upgrading of estates: govt to bear 2/3 cost
    506 1  -  $15b PROGRAMME TO START IN 1991 By LEE HAN SHIH, Property Correspondent THE GOVERNMENT yesterday fleshed out its $15 billion project to spruce up public flats and said It would ask flat owners to pay about one third of the cost or
    506 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      159 1 ifO* I ART WEA* I cw siww-* chn ti«* w TWtan 11 Sichuan Cuisine at its best Sim iked Sichuan I Hick (Boneless) i| To celebrate our sth Anniversary, $2.00 from every of our customer's bill will be contributed to the Community Chest of Singapore between 14 September and 15
      159 words
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      Page 1 Advertisements Column 2
      193 1 Full report, PAQE 18 Regional Mkts, PAQE 20 World Mkts, PAQE 21 3sr_„ Editorial Comment- 12 KL property M'sian Plantations Asian Market 6 Fora healthier Eaaf&VSany Emerging from the doldrums third purer™, to EC 1992 12 Private banking inter-Pacific raises Produce, Rubber. Tin The freedom to be cleaner Chase sets
      193 words
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      Page 1 Advertisements Column 3
      18 1 CHOGM '89 Call for more financial aanctlona PM Lea, Dr M to enaure cloaa Mas endure BACK PAGE
      18 words
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      Page 1 Advertisements Column 4
      335 1 '3HB Cassette Recerver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD.. StnpporcPtam; *****33 KiaiiLußpir.Pta* 757 0233 Pmng. Phone; 615 9865H014 firm 374 OKMO U72j Aftermath of San Francisco quake The meaning of helplessness: A personal account by our writer in San Francisco. PAQE 9 iiK. ARE YOU an itinerant
      335 words
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  • HOME NEWS
    • Article
      Electronics sector: no undue woes
      416 2  -  AFTERMATH OF THE SAN FRANCISCO EARTHQUAKE By JOHN TAN LOCAL ELECTRONICS manufacturars are unlikely to suffer any components supply problems because of the Tuesday evening earthquake in the San Francisco area. "Things might get back to normal faster than we thought," said one electronics manufacturer
      416 words
    • Article
      TDB links the businessman with the world
      232 2 INFORMATION on trade with any country in the world will be a call away with a computerised system the Trade Development Board is developing. Called TDB GlobaLink, the system will initially contain trade and business information such as world business leads, trade contacts,
      232 words
    • Article, Illustration
      Fashion Connections takes off next week
      155 2 SINGAPORE designers will have the chance to pitch their creations against those of their Asean counterparts during the second Fashion Connections to be held here next week. Organised by the Society of Designing Arts (Fashion), the seven-day event from Oct 27 to Nov 2
      155 words
    • Article
      Forging stronger links with W German firms
      342 2 PARTNERSHIPS to produce high quality products at a lower cost this is the vision sketched out for Singapore and West German companies. Elaborating on it, Mah Bow Tan, the Minister of State for Trade and Industry and Communication and Information, said such partnerships
      342 words
    • Article
      More flights to Belgrade possible
      170 2 MORE flights between Singapore and Yugoslavia may be mounted from next month. The Civil Aviation Authority of Singapore yeeterday announced the successful negotiations to liberalise the SingaporeYugoslavia Air Services Agreement. This is the lateet in a recent series of successful air talks of the government
      170 words
    • Article
      Management accounting systems
      108 2 BY 1993. all Civil Service departments will be using managing accounting systems (MAS) to monitor their costs of operations and track performances against targets. This was announced yesterday by the Ministry of Finance, which also said that such a system would be introduced in three phases over
      108 words
    • Article
      MEMO PAD
      499 2 fSeminars and Ym Cahners 13 Ifg 86 Courses IMS I Exposrtic 1 Group 1 w Ocr 20 Iwlnm Contracts Boulevard Hotel Executive's Desk *****50 Wr •J The low Oct 20 Some Managerial Nonyang Technological NTI-Peot Morwick *****50 •i Implications of Working Institute Entrepreneurship J Capitol Analysts Development Centre
      499 words
    • Article, Illustration
      S'pore will benefit from single Europe
      505 3 EXPORT SERVICES INTERNATIONAL SINGAPORE'S trade policies and economic ties with Europe will put it in an eepecially good position to benefit from the unification of the European market at the end of 1902. said the vicepresident of the Commission of the European Community yesterday.
      505 words
    • Article, Illustration
      Advertising spending within expectations
      388 3  -  By SANGEETA MULCHAND SPENDING on advertising for the first nine months of the year held no surprises, keeping well within industry expectations of a 10 to 15 per cent increase over advertising spending last year. According to figures from Survey Research Singapore, advertising expenditure hit $320.9
      388 words
    • Article
      Unisys investing $20m to promote open systems
      318 3  -  MOVEMENT TO BE BASED IN SINGAPORE By GENEVIEVE CUA US-BASED computer corporation Unisys will be investing $20 million over the next five years to spearhead a movement promoting the use of open systems. The movement will be based in Singapore, where the company
      318 words
    • Article
      25 more policemen for Namibia
      171 3 SINGAPORE will be sanding 25 more policemen to Join a United Nation* peace-keeping force in Namibia, the South African country headed towards elections, and independence. next month. Home Affairs Minister S Jayakumar announced last night that the government had agreed to an urgent Oct 10
      171 words
    • Article
      Benefits for Amex business partners
      321 3 MERCHANTS and eetablishments which accept the American Express card are set to enjoy a new package of benefits and privileges from the card's issuer. American Express International (AEI). Barry Arnold, AEI vtce-preeident and general manager for Singapore, told BT that the new package Business Plus
      321 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      157 2 EC grow* nptcM to •lay strong, PAGE 5 Earthquake damage at toast Uslb, PAGE 9 Export Services International '89 EXPORT MORE THROUGH ESI '89. 18-21 October, World Trade Centre, Singapore xi i < Want to expand or penetrate more overseas markets? Or sell overseas faster, competitive costs with higher Vh
      157 words
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      Page 2 Advertisements Column 2
      80 2 [for sale by tenderl LE MERIDIEN SINGAPOUR, CHANGI [CLOSING DATE: 13NOV 1989 4PM| M cm CCNTMI S** (STATE euSWEM y Rare opportunity to tap Singapore's booming tourist market High class, resort-like hotel 280 rooms and suites. Tasteful decor and well maintained. Tranquil and peaceful surroundings. B Extensive leisure facilities nearby.
      80 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      147 3 1.8 Litre, 16 Valve Twin Cam, 135 Horsepower, Electronic Fuel Injection. Now vou know why the new Bluebird is one class above the competition. Add to the already unbeatable specifications listed above, Nissans powerful 4-wheel disc brakes; a speed-sensing automatic door lock; the convenience of an electric foldable wing mirror;
      147 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      166 3 WEATHERS Global temperatures I^—B| and weather city Mtal Nola OUTLOOK: Mwwm (*C) Saport for 24 km prior > Abordoon 15/09 Show or» fc. 7 <*Srt. *!> Ainaordam 16/10 Whdy Ma« Iwf A*wm 20/10 Sunny Aeaoe kMdd% «S' Auddond 17/10 Fair Ma too* Sangkok 32/24 Showon W MPng 18/08 Oowdy I
      166 words
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  • FOREIGN NEWS
    • Article, Illustration
      Lock icon Officials partly to blame for crackdown, says Deng
      456 4 REMARKS TO U.S. VISITOR SHOW EFFORTS TO IMPROVE TIES Reuter CHINESE leader Deng Xiaoping has told an American visitor that Beijing officials made mistakes and bore some responsibility for the suppression of the pro-de-mocracy movement. Professor T 0 Lee quoted Deng as
      Reuter  -  456 words
    • Article
      Lock icon Beijing issues tough new curbs on people planning to study abroad
      250 4 NYT CHINA is circulating confidential documents that call for tough new restrictions on young people planning to study abroad, including a requirement that they first work for up to seven years after graduation from college, officials say. Details of
      NYT  -  250 words
    • Article
      Lock icon China's joint ventures with foreign carmakers stalling
      568 4 FT CHINA'S mounting political and economic crisis is bringing all joint ventures with foreign car manufacturers to a standstill. Production at Volkswagen's Shanghai plant haa stopped, Peugeot plans to close its production line near Guangzhou, the provincial capital of the southern province of
      FT  -  568 words
    • Article
      Lock icon China willing to sacrifice HK as money spinner: analysts
      281 4 AFP CHINA increasingly MM Hongkong as becoming an anti-Bei-jing base and seems ready to sacrifice the British colony aa Ha top money spinner in exchsnge for political control after 1967, analysts in Hongkong said. In an increaaingly intolerant tone, China haa
      AFP  -  281 words
    • Article
      Creditors agree to reschedule Pretoria's debt
      487 4 RESERVE BANK governor Chris Stals announced in Pretoria that South Africa had reached arrangement with foreign creditors on the rescheduling of US$B billion of foreign debt. Mr Stals said the repayment date for US$l.5 billion of the debt had been put back from June
      487 words
    • Article, Illustration
      Lock icon Mosbacher predicts trade arrangement with Mexico modelled on Canada's
      230 4 AP US COMMERCE Secretary Robert Mosbacher said on Wednesdsy that he can foresee the day when the US and Mexico will hsve a free-trade treaty similsr to the US-Canadisn arrangement. Looking even further into the future perhaps 20 years or so
      AP  -  230 words
    • Article
      Lock icon LDP uses new scandal to hit back at opposition party
      322 4 FT A SCANDAL involving Japanese politicians and political contributions from the pmchlnko (pinball) gaming industry on Tuesday brought the country's parliamentary business to a standstill. The proceedings of a key Diet committee handling the propoeed revision of an unpopular consumption
      FT  -  322 words
    • Article
      Lock icon New Tokyo flats going for US$17,000 a month
      250 4 Asahi IT WILL COST as much as 2.41 million yen (US$l7,OOO) a month to rent an apartment in a new high-rise complex in landstarved central Tokyo, but the building s owners said they expect to have all the facilities rented by the
      Asahi  -  250 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1186 4 ARRIVALS Operator )trvKi number toal From GU SU MAS UAL KAL KJA ML DIM SA MAS SU MAS MAS SU CPA MAS GU SU swt HA QPA SU GU THA SU SU GU SU TIT MAS SAS SU SU SU SU SAS MAS SU SU AN THA
      1,186 words
    • Article
      Lock icon EC growth expected to stay strong in 1990: Commission
      440 5 AFP GROWTH in the European Community in 1990 will remain strong next year, despite an urgent need to reduce imbalances in internal trade and inflation rates. The Executive Commission, in its annual economic report, yesterday said that gross domestic product in
      AFP  -  440 words
    • Article
      Lock icon Withholding of high tech from Moscow should end: Soviet official
      400 5 AP THE WEST'S campaign to withhold sensitive technology from the Soviet Union has been "a very powerful factor in disfiguring" the nation's economy and should be halted, the Soviet embassador to the European Community said on Wednesday. Vladimir Shemiatenkov, the
      AP  -  400 words
    • Article
      Lock icon Poland against superpower dominance in Europe
      270 5 Reuter POLAND'S Solidarity-led government ssid on Wednesday It wanted an end to the postwsr division of Europe into Communist and Western "spheres of influence". Government spokeswomen Malgorzata Niezabltowsks said the month-old government's major foreign policy goals included the removal of the last remnants of
      Reuter  -  270 words
    • Article
      Lock icon Philips hits out at US industry programme
      256 5 FT PHILIPS of the Netherlands, one of Western Europe's Isrgest electronics msnufacturera, has accused the US of creating a trade "fortress" by excluding foreign companies from the Sematech semiconductor technology consortium. However, Mr Cor van der Klugt, Philips' president, said Europe must resist
      FT  -  256 words
    • Article
      Lock icon Malaysia's property sector emerging from the doldrums
      714 5 Bernama THE PROPERTY SECTOR, which has lagged behind other sectors of Malaysia's economy in recovering from the last recession, is showing strong signs of emerging from the doldrums. A major factor behind the revival has been the influx of foreigners looking for bargain
      Bernama  -  714 words
    • Article
      Lock icon Anti-US feelings in Seoul scare away tourists
      317 5 AFP MORE SOUTH KOREANS are travelling abroad and foreign tourists are flocking to Seoul this year, but surging anti-American-ism is cutting the number of US visitors, government officials said on Wednesday. South Korean travellers are also spending almost twice the dollars left by
      AFP  -  317 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      21 4 Exclusive Sunglasses PORSCHE DESIGN <~ARR£RA < > Folding Sunglasses PORSCHE DESIGN f C AVAILABLE AT PORSCHE DESIGN BOUTIQUE CORNERS FADING OPTOMETRISTS AND OPTICIANS
      21 words
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      Page 4 Advertisements Column 2
      106 4 TW* k>usioe* person's choice every Tuesday, I ill/ AIV I If 1 r I I 1 I II I II 1 Airport at 22:05 hours Mid amvmj it Lester B. I I l[ 1 JI \l I I f Pearson International Airport the following day. Call your Tnvei Agent or
      106 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      95 5 Hln Kuala Lumpur where else but the Shangri-La. A location in the heart of the business district, amid the lush tropical greenery of Malaysia. The standards of service you have come to expect from a truly world-class hotel. It could only be the Shangri-La, Kuala Lumpur. p @j Shangri-La hotel
      95 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      58 5 Doonesbury by garry trudeau mm***// GOSH... tS YOU MIGHT SAY Ilk UA PRUG OH.HJOU), ISTO&I£6AUm>, 7H&&ANY THAT. EVBfiV e /j/L/iPf/ HUMOR YIX/PB RIGHT! Rf6ULAWP ANP ANIMOSITY TlM£teSG& ,f A LIA HASNT UHATf PfPI TAXEP, JUST UKB YOU! Bm&HYOU MZ,HeGN& Hfli i CHANGR> SAY SOMtZz ===^TTsmmi MAN!H>YOU ANPMK.CORN* MtARtAL fiA UA
      58 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1253 6 SINGAPORE: The US dollar closed lower against most currsnciss from New York levels sfter cautious two-way trade, dealers said. It sased to 141.35/45 yen from New York's 141.40/48 close and to 1.8455/65 marks sgsinst 1.8487/96 marks. Dealers said both Singapore and Tokyo players sold dollars in sarty trading
      1,253 words
    • Article
      Comex gold/silver futures
      160 6 Gold futures on October 18, 1969 100 troy ounces; USS par troy ounca Opaa Mgti Lh OaMa Oct ***** 36*40 36*40 ***** 1JO Mow 370.40 1.30 Dmc 373J0 37X40 371 JO 37X40 +1.30 NbOl 377M 377JO 37*00 37*40 +1.30 A»r 301.00 311.40 3*000 3COM +1.30 3*5.00 3*5-00
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    • Article
      Government securities market
      108 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity KID OFFER HIGH LOW 3 months BS*****V 18.01.90 4.25 4.30 4.20 4.17 6 months BS*****V 18.01.90 4.25 4.20 1 year BY*****Z 18.10.90 4.33 4.28 4.32 4.31 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
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    • Article, Illustration
      world interest rates
      191 6 Indicates thm iv«r«g< of tha prim* landing rata* of 12 ma|or banks In B'pora Interbank market rates (offer/bid) on Oct 19 US$ DM SWFC Y«n 7 (tori 13/14 11/14 19 1/14— 14 IS/1* 7 13/14— 13/14 7 3/4 3/4 4 1/4 4 la* 4 11/14 9/14 13
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    • Article
      Money markets
      58 6 THE overnight rate on the Singapore money market was 1/8 point lower at 5-5/8 per cent yesterday. Term rates were all 1/16 point higher. S$ Interbank rates at the dose yesterday: orai md Ownig» 5 1/1 J 1/3 1-non*. 5 3/8 5 1/4 3 3/t S 1/4 3-«w*i
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    • Article
      Asian $ market
      262 6 Asian market ASIAN dollar deposit rata* yesterday ended slightly higher than Wednesday dose in quiet trade. The marginal riae In ratea reflected a steady US Federal funda rate and a alight decline in US bond prices. Thursday/Friday cloeed steady at 8-7/8 8-3/4 per cent Week-fixed ended at 8-13/16 8-11/18 per
      262 words
    • Article
      Lock icon Brazil's debt fell in June
      96 6 Reuter BRAZIL'S foreign debt fell to US$lOB billion in June from U*****,296 billion last December, the Central Bank said on Wednesday. The bank said in its quarterly report. Brazil Economic Programme, that the fall was mostly due to US$B.l billion of amortisations during the period
      Reuter  -  96 words
    • Article
      Options
      933 6 CURRENCY FUTURES OPTIONS Thursday Oc*ob«r 19, 1989 DEUTSCHE MARK (SMEX) DNMnk DMNP* S3 53 54 JAPANESE YEN (SMtfEX) OnN«* Dd«p* 71 n 73 7S CURRENCY FUTURES OPTIONS IMM WcdnMday, Oc»o6«r 18, 1989 BMTOH POUND M1,W>, o«ili put I Mm Mv* p Bw p Mf p 1335 542 6.24 6
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    • Article
      Lock icon IMM
      278 6 Reuter IMM currency future* finished higher on Wedneedey„ but eased from session peeks ess firm slock market spurred liquidation. J. Direction grew more uncertain as the outlook tor L slocks snd US rstee grew increasingly difficult to, pradict Volatile movement in all financial markets thie>week has confused sentiment, traders
      Reuter  -  278 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      272 6 .i> HEALTH IS STRENGTH JUST AS YOU WORK YOUR BODY HARD TO MAINTAIN GOOD HEALTH, YOU SHOULD ALSO KNOW HOW TO RELAX, UNTWISTING THE KNOTS OF TENSION THAT BUILD UP IN THE COURSE OF A HARD DAY. AND ONE OF THE OLDEST FORMS OF RELAXATION IS THE MASSAGE. THE NATIONAL
      272 words
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  • BANKING AND FINANCE
    • Article
      JAIC set to sign agreement with Thai dairy firm
      185 7 JAPAN-ASEAN Investment Company (JAIC) is expected to sign an agreement to invest in a Thai dairy company within the next tow weeks Under the agreement, JAIC ia expected to take a 30 per cent stake worth 15 million baht in Eaarn
      185 words
    • Article
      Lock icon Simex
      527 7 Reuter EURODOLLAR futures closed easier on position adjustments in quiet trading ahead of last night's 1230 GMT release of the US September consumer price index, dealers said. December eurodollar fell to 91.60 from Chicago's 91.73 and March to 91.91 from 91.94. An estimated 8.310 lots were traded. In Eurodollar
      Reuter  -  527 words
    • Article, Illustration
      Lloyds Bank opens regional office in Hongkong
      418 7  -  By FOO CHOY PENG PROMPTED by the dynamic economic growth in this part of the world, Lloyds Bank has opened a regional office in Hongkong to coordinate its international private banking operations in Asia. Besides serving clients in the British colony, the Asisn
      418 words
    • Article
      Lock icon Bundesbank chief against European central bank
      164 7 AFP THE CHAIRMAN of West Germany's centrsl bank said on Wednesday that it was too soon to create a European central bank as psrt of EC finsncisl and monetary integration. Karl Otto Poehl said he was not opposed to the principle of s central
      AFP  -  164 words
    • Article
      Lock icon Fed to review underwriting limit for banks' units abroad
      277 7 Reuter THE Federal Reserve Board will decide whether American banks with overseas subsidiaries can Increase the amount of corporate and other securities underwriting they are allowed to do, a top official said. The proposal is one of two pending from banka
      Reuter  -  277 words
    • Article, Illustration
      Chase sets up HK office to coordinate private banking
      406 7  -  Centre will serve Asia-Pacific region By DEXTER LEE THE CHASE Manhattan Bank has appointed Seiki Murono, formerly heed of individual banking at the Singapore branch, to coordinate its private banking business in the Asia-Pacific. In his new poeition as AsiaPacific area
      406 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      36 7 fei) M|l MW|BiPW|dIWWjBS SB 120 Tribal And Fine Oriental ra All lots are guaranteed and backed by Kgj a full trade-in value at our showroom. El ##M asSEraß Q-re Si' wm 81WSH WW® wIS ■>" wi i
      36 words
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      Page 7 Advertisements Column 2
      239 7 I YOU ARB INVITED I TO DISCOVER THE NEW FRONTIERS OF FRANCE I AT THE SLF AUDITORIUM I 512 A Thomson Rd I Singapore 1029 I 25 OCTOBER 1989 26 OCTOBER 1989 I Guest of Honour Guest of Honour I Mr. Michael Yeo Mr. Yeo Cheow Tong I Chairman of
      239 words
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  • COMMODITIES
    • Article
      Lock icon Indonesia to introduce new tax to curb timber exports
      388 8 Buyers expected to turn to Malaysia: analysts Reuter A MASSIVE TAX on Indonesian timber exports which takes effect on Nov 1 will effectively stop any sawn timber from leaving the country, according to government and industry officials. "If we ban exports
      Reuter  -  388 words
    • Article
      Lock icon CFTC set to write rules restricting dual trading
      283 8 Reuter THE US Commodity Futures Trading Commission is prepared to write rules restricting dual trading in US commodities exchanges subject to certain exceptions, CFTC chairman Wendy Gramm said. These exceptions and details would be described in proposed rules that are planned soon
      Reuter  -  283 words
    • Article
      Lock icon China's grain harvest fails to match record
      220 8 Reuter DESPITE Incentives such as higher purchasing prices and investment, China's grain harvest will fail to match the 1964 record for the fifth successive year, an official report said on Wednesday. The harvest of two other major commodities, cotton and oil-bearing crops, will
      Reuter  -  220 words
    • Article
      Lock icon 'New coffee pact unlikely before 1991'
      247 8 Reuter THE LACK of urgency among International Coffee Organisation (ICO) members to settle their differences makes it unlikely a new coffee agreement could be Implemented before 1901, broker E 0 and F Man said. In its latest monthly report, the broker said it would
      Reuter  -  247 words
    • Article
      Lock icon Wheat
      134 8 Reuter SOFT RED winter wheat futures at the CBOT ended a lacklustre Wednesday session down 3-1/4 cents in the spot December to up 3-1/2 cents in the December 1990. Fund selling was a bearish factor, traders said. The market took into account that Egypt bought only 225,000 tonnes of
      Reuter  -  134 words
    • Article
      Lock icon India buys 28,000 tonnes of palm oil
      140 8 Reuter INDIA bought 26,000 tonnes ot refined, bleached and deodorised palm olein on Tuesday and Wedneaday for shipment from late October through November, traders said. The country bid for another parcel of 6,000 tonnes, but did not buy. and is likely to be
      Reuter  -  140 words
    • Article
      Lock icon Soybean
      154 8 Reuter CBOT soybean futures closed higher on Wednesday, near their session highs and just below a plane of resistance on price charts, traders said. November ended up 4-1/4 cents at U555.59-3/4 a bushel. Others gained 4-3/4 cents to 2-1/2 cents. Cargill was one of the featured players but traded
      Reuter  -  154 words
    • Article
      London markets
      202 8 London Commodity Exchange Buyor/Seller dosing prices on Oct 18 (£/tonne unless specified). Previous dosing prices in parenthesis. CoM— Both ln-stor* London, sollon option OF London Nov 704/705 (706/710) High/Low 712/703 ion 675/676 (676/678) KMgh/Low 68 3/675 Sol*. (2137) 9 COCTX Ok 739/740 (741/742) High/Low 748/739 Mar 720/722 (718/719)
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    • Article
      RAS and MRELB
      344 8 RA8 prices roam mm NOON CLOSE fc/yort Saltan fc»r«i SoRon N 1 RSS Prompt ***** *****N ***** 163X0N ho 1 RSS No» 16X25 163J5 163J0 164X0 ho 1 RSS Doc 166J5 166.75 166-50 167.00 ho 2 RSS Of 161.00 163X0N 161.00 16SX0N ho 3 RSS Of 157.00
      344 words
    • Article
      Lock icon Crude Oil and Products
      158 8 Telerate Fuel oil prices were stable in light dealings yesterday. HSFO futures traded lower following the failure of a crude price rally in New York. Sentiment was cautious in the wake of the recent events. Bids tor CST3BO car- goes remained at $92 mt fob Sing
      Telerate  -  158 words
    • Article
      Palm Oil
      572 8 MALAYSIAN CRUDE PALM ON. FUTURES finished lower on the Kuala Lumpur Commodity Exchange yesterday, presured by profit-taking and long liquidation by commission houses. The loss was also attributable to bearish technical indicators. The market opened firm by about Ms2o mainly due to the sharply higher Chicago soybean market
      572 words
    • Article
      KL Tin
      104 8 The Hn price on fee Kuala Lumpur Tin Market (KLTM) fall Mfl.M la ck»aa at MW.B a kg yimrdiy afaa eUTTondon Metal Exchang* (LMB) oa Wodnooday. brokers ooM. "The merke* wm panicking." ana oMd. ly al'Sha'ofMnin^ tors al MO tonnaa apalnat bids of 31. Final turnover eettled at
      104 words
    • Article
      Rubber
      252 8 SMOAPORE: Rubber prices closed slightly easier yeeterday, with November 1 RSS buyer quolsd el 183.50 cents s kg, down one cent from Wedneeday's close Dealers said the market was quiet throughout the afternoon in the abeence of fresh Incentives. Trading was very thin. On the TSR-20 Award market, prices
      252 words
    • Article
      Lock icon Precious Metals
      406 8 Reuter HOMQKOMO: Gold cloaod higher yeeterday in modarata trada on demand from US and Auetralian Investor# which puehed the metal to the day'a high of U*****.00/ 300.40. dealers said. They said the market was quiet after the early hike and prlcee depreeoed later on Swiss celling at the
      Reuter  -  406 words
    • Article
      Produce Prices
      194 8 CtllfWM Produce a«kig prkm on r W n|i October 19 %< L-ACTlflfnlv v r SoNon' nan dosing prtcm on Coconut oil (Ml/lOOkgl^ Octobor 19 (S$/100 kg) htow drum ***** Coconut oil 2nd hand dram 127.00 Bulk FOB 92-00 Mk 11*00 Old dram FOB 106.00 local In b* *****
      194 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      118 8 A UNIQUE BUSINESS OPPORTUNITY 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 purchased
      118 words
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      Page 8 Advertisements Column 2
      95 8 ssl jfIHL B1 uLfj <" 1 ft f &cr You experience our itpersonal touch at Liang Court Regency, r The experience begins with a special J welcome bouquet. And during your *»u' stay, you'll notice the many little things .a that get done quietly and efficiently. A Come stay with
      95 words
  • Page 8 Miscellaneous
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  • FOCUS
    • Article, Illustration
      Lock icon Earthquake damage at least U$1b
      817 9 As San Francisco waits for the danger of aftershocks to pass, analysts say the the second deadliest earthquake in US history is likely to hurt the city's economy. FOCUS takes stock of the damage. IHT, AP. FT SEVERE transportation disruptions ars liksty to dsnt the
      IHT,; AP.; FT  -  817 words
    • Article, Illustration
      Someone ought to be in control
      910 9  -  COMMENT By HELEN CHANG Helen Chang is currently studying for a Masters of Journalism degree at University of California, Berkeley. She worked at BT as a temporary reporter earlier this year while on vacation in Singapore. TOO AY I learned the meaning of helpleeaneaa.
      910 words
    • Article
      Lock icon Market chaos if big quake hits Tokyo
      373 9 Reuter THE San Francisco earthquake has revived fears that a major quake in Tokyo could send global financial markets crashing along with many of the Japanese capital's skyscrapers. "The impact of such an earthquake (in Tokyo) would be felt around the world," said
      Reuter  -  373 words
    • Article, Illustration
      Lock icon E Germany slow to change, says Krenz
      1178 10 The replacement of East German hardline ruler Erich Honecker with crown prince Egon Krenz has been received with mixed reactions. For some the move implies possibilities for major reform, while others have responded gloomily, expecting little change. Reuter NEW East German leader Egon
      Reuter  -  1,178 words
    • Article, Illustration
      Lock icon Honecker another victim of reforms sweeping E Europe
      759 10 Reuter WITH THE REMOVAL of East German leader Erich Honecker goes one of the moat solid pillars of communism in Eastern Europe, a new and'unexpected victim of the apparently unatoppable changes sweeping through the region. Mr Honecker led the communist state from
      Reuter  -  759 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      75 9 T-1 ONE BLUE CHIP THAT DIDN'T CRASH ON MONDAY. Monday was a grey day for investors except for those wise enough to have bought a COROLLA YOU SEE. IT'S ONE Of-nCBEST RESEUJM3 CARS WHICH MEANS IF THERES ANOTHER BLACK ORGREY MONDAY. YOU WONT HAVE TP WORRV^COROU-A^NEOFTHEWISESTNVESTMEh^^AVAIL^BI^ n /"V n b
      75 words
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      226 10 INVITATION T™ FOLLOWING DID! mips COMPUTER SYSTEMS proudly acknowledge the important contributions of its partners in making CUSTOMERS: MIPS RISC technology the industry choice. TO ARDENT OPEN SYSTEMS DIGITAL EQUIPMENT LORAL/ROLM MIL-SPEC RISC (Reduced Instruction Set Computer) is the computer for the'9os simply because of its TECHNICAL PROFESSIONALS MARUBENI compelling
      226 words
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      505 11 The only bank account which comes with a six months term membership to the new Marina Bay Golf and Country Club. For 6 months, Prime Account Members can enjoy the superb facilities of the Marina Bay Golf and Country Club I without paying any entrance fee. Located within the Central
      505 words
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  • PERSPECTIVE
    • Article
      For a healthier East Germany
      506 12 BUSINESS TIMES FRIDAY, OCTOBER 20, 1969 WHENEVER leaders suddenly resign for reasons of health, people tend to throw them a sceptical look, and rightly so. An exception, however, has to be made for Erich Honecker. Recuperating from a gall bladder operation, the East German President's
      506 words
    • Article, Illustration
      Lock icon The freedom to be cleaner than the rest
      2313 12 Europe's moves towards 1992 are worrying environmentalists. How far, they ask, is a truly common market compatible with a clean environment? In the accompanying article, the impact, of the green movement on business is examined. The Economist THE 12 COUNTRIES of the
      The Economist  -  2,313 words
    • Article
      Lock icon The perils of the greening business
      1059 12 The Economist CARING for the environment used to be a chore. It is now a market opportunity. Manufacturers are churning out more and more green products, and retailers are finding that many can be sold at a premium. But not all in the green
      The Economist  -  1,059 words
    • Article, Illustration
      Lock icon Gorbachev waffles on glasnost
      1056 13 SOVIET UNION NYT IN THE FIFTH YEAR of gfasnost (openness), the Soviet press is getting a rough reminder this week of how much the Soviet Union's tenuous liberties still depend on the tempers of one man, Mikhail S Gorbachev. Piqued by a survey that cast doubt
      NYT  -  1,056 words
    • Article, Illustration
      Lock icon Still miles to go before they talk, formally
      693 13 SOUTH AFRICA AFP IT WILL BE "years" before the South African government and its black nationalist opponents are ready to formally negotiate a new constitution, political analysts in Johannesburg say. But they said the unconditional release from prison last Sunday of seven
      AFP  -  693 words
    • Article, Illustration
      Lock icon Using the clobbering as a springboard to better ties
      803 13  -  JAPAN BASHING Touchy US-Japan ties can be improved if the trade conflict is viewed in the right spirit, suggests YUKIO MATSUYAMA, chairman of Asahi Shimbun's editorial board. YUKIO MATSUYAMA, Asahi News Service DURING a two-week lecture tour of New York, Waahington,
      Asahi News Service  -  803 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      108 12 FOR BITS AND BYTES. Geared to keep the busy business J executive abreast of new technologies he can exploit to full advantage, the I TECHNOLOGY page provides news, I I reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its primary
      108 words
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      270 13 THE NEW ALFA 164 UPWB aiw—'— f •.v. -_r i'- hHs*£ 1 SiifIHPHHHHHHI Alfa 164 3.0 i Auto $142,500 ARFon the road ALFA 164 3.0 i The Sporting Elite The ALFA 164 3.01 redefines supreme ALFA 164 3.0 i, made possible by a large refinement and power of the engine
      270 words
  • Page 13 Miscellaneous
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  • LIFESTYLE
    • SHORT TAKES
      • Article
        Dorrance collection bags record US$116m
        148 14 A COLLECTION of 44 paintings belonging to the estate of the son of the founder of Campbell's Soup sold for a record US$ll6 million at Sotheby's auction house on Wednesday. The erratic bidding during the evening .auction saw record highs and unexpected -lows, but ended
        148 words
      • Article, Illustration
        New volley in Rushdie affair
        181 14 THE SALMAN Rushdie affair has resurfaced in the Oct 13 issue of Publishers Weekly. In an editorial, the publishing industry's trade journal recommended that Viking Penguin forgo its planned paperback version of "The Satanic Verses" to avoid offending the sensitivities of moderate Muslims further. John
        181 words
      • Article
        Role of stars in INF treaty
        144 14 IN CLAIMS certain to raise new controversy about star-gazing in the Reagan White House. Nancy Reagan's personal astrologer says she picked the date for signing the INF treaty and used Mikhail Gorbachev's horoscope to forge closer SovietUS ties. In interviews on CBS television this
        144 words
      • Article, Illustration
        Hepburn meets Slum Angel
        118 14 ACTRESS Audrey Hepburn observed life in Bangkok's largest slum on Wednesday while on a mission to publicise the plight of starving, maltreated children of the developing world. Hepburn, who is representing the UN Children's Fund, also met Prateep Hata. a determined champion of the dwellers of
        118 words
      • Article
        Lanvin picks Claude Montana
        94 14 LANVIN haa named influential French fashion designer Claude Montana aa the man who is going to take France's lon-gest-established fashion house into the *****. The 40-year-old stylist was introduced to the world's media as Lanvin's new haute couture creator at a champagne reception on Wedneeday as
        94 words
      • Article, Illustration
        Lock icon Jacques Cousteau cries foul
        138 14 Agencies OCEANOGRAPHER Jacques-Yves Cousteau has denounced as "defamatory" a US biography that portrays him as a pub- licity seeker who has even harmed or killed sea creatures for his documentaries. In a statement released on Tuesday, Cousteau said he has been the subject of false, but
        Agencies  -  138 words
    • Article, Illustration
      Urban Japanese answer call of the wild
      1170 15 CARS "WE LIVE In Beautiful Nature," declares the bright yellow sticker emblazoned on the hood of Hisashi Ebihara's Mitsubishi Pajero. But though the vehicle bristles with off-road accoutrements four-wheel drive, knobby tyres, a front-bumper winch and a battery of amber tog lamps it
      1,170 words
    • Article
      Lock icon UK car makers overshadowed by rivals
      552 15 AFP BRITAIN'S annual motor show, now renamed the Motorfair, was due to open to the public in London yesterday, with the dwindling contingent of British manufacturers overshadowed by foreign rivals who, in many cases, are also their partners. Rover is due to launch its
      AFP  -  552 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      901 14 4 I Where toentertrtn... Where tv entertain... Where toentertnin... Where to I Some like it hot t t JBBMBWBBBBWBWBpW^S^Mife^ i 11 ii 1 H i 1 1 1 wk A Y 1 Jr- pn II -m> I| HMHI v mW*3u^^W ■IS mm i HHV i I Spicy Szechuan dishes served
      901 words
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      Page 14 Advertisements Column 2
      228 14 1') This month, you can taste MPyO delectable Sichuan dishes in WO a sumptuous lunch buffet. mm cssrt, jhppp's a choice of over 35 jsth floor favourites so deliciously spicy youll keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30 pm Adult:
      228 words
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  • Page 15 Advertisements
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      148 15 entertain..,, J I Sip Tea I I In The Park I 1 An® You'll I 1 See The Best I Pressed Women.l On Saturdayd High Tea id very fashionable at II Fountain Lounge. Not only will you dee dome of II Singapore'd best fashions being paraded during our II Fashion
      148 words
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      Page 15 Advertisements Column 2
      110 15 rfe MAPLE LEAF pn Sze-Chuan Restaurant M&n 390. Victoria Street. #01 -01/08 Golden Landmark Savour the best ■HUB is in Sze Chuan Sg5252S25B5ZS2S25iSliiSiSBgi55l Bj 9-Course SET-MENU IS In (For 10 persons) J« g (1) Shredded Chicken with 5 K Bean Noodles K (2) Shark's Ftn with Crab Meat g j«
      110 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      176 15 WfIWKHDaa ®il(D3S23(!)li© CRYPTIC PUZZLE 22 Swagger team? (4) ACROSS 24 One apt to give you the 1 Go rapidly, sometimes 25 Film unit (7) by boat (5) 26 Como's drink? (5) 6 Arrest nippily (5) 27 A hot water product (5) 9 Trouble people when 28 Part of the house
      176 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      409 15 6 The turn of'one's drtft- BIJBIZ ZJ*ZJ^ 14 Familiar names In the 24 10 Land of the pe6ple (5) Ih 19 Figuree a woman to be ■■"""■BF--21 Qood man, but confused by some corrections (6) 2 111 (6) DOWN: 1. Chaff. 2. April. 22 Stepped in two dlrec- 3 Slip
      409 words
    • Miscellaneous
      Page 15 Miscellaneous Column 3
      1264 15 TV and RADIO A right, royal interview I A .-fr* ifl JSe* 1 Km royal couple, Queen Elizabeth H and Prtact PhWp >• 0(//f CHOICE some Dove Jake Spoon joins up with dj FRIDAY BACKGROUND. 750pm. ."St 5 sheriff who lost his runaway wife finds With the Wall Street index
      1,264 words
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  • SPORTS
    • Article, Illustration
      Jones all set for World Power Boat
      337 16  -  POWER BOAT By CHARLES SAVAGE -j.j MARINA BAY will roar to the growl of the World Power Boat, Grand Prix on Nov 12 but Jonathan Jones will be purring silently, as with 39 points after nine races he is already the undisputed champion.
      337 words
    • Article, Illustration
      Lock icon Hard day's night for Tour de France cyclists
      532 16 CYCLING AFP TOUR de FRANCE organisers have done their best to make sure every cyclist gets a good night's sleep next year. "About 60 riders drop out every year through sheer exhaustion," said the Tour doctor Gerard Porte. "So we have been
      AFP  -  532 words
    • Article
      Lock icon Top seed Edberg scores easy victory
      246 16 TENNIS AFP WORLD NUMBER THREE Stefan Edberg of Sweden gained sweet revenge over Australia's John Fitzgerald with a straight-sets win in Tokyo yesterday to move into the quarter-finals of the U*****,500 Seiko Super men's tennis tournament Top sssded Edberg, the 1967 champion in Tokyo
      AFP  -  246 words
    • Article
      Lock icon Connors continues winning streak
      194 16 Reuter JIMMY CONNORS, winnw of the Toulouse Grand Prix on Sunday, continued hi* fine run of form on Wedneeday with a 6-1. <M win over Tomes Nydahi of Sweden in the second round of the Tel Aviv Grand Prix. The 37-year-old American's quarter-final opponent will be
      Reuter  -  194 words
    • Article
      Lock icon Graf breezes into quarter-finals of European indoors championship
      182 16 AP TOP-SEEDED Steffi Graf breezed into the quarter-finals of the U*****,000 European Indoors tennis tournament with a 6-2, 6-1 victory on Wedneeday over Dinky van Rensburg of South Africa. The West German, ranked No 1 in the world, took only 46 minutee
      AP  -  182 words
    • Article, Illustration
      Lock icon It's not over, but it should be
      638 16  -  BASEBALL By DAVE ANDERSON NYT MORE THAN 200 people are dead. Hundreds of others are broken and bandaged. Long strips of yellow "Caution" tape cordon off buildings where piles of shattered window glass have been swept into the gutters. It's no time for
      NYT  -  638 words
    • Article, Illustration
      Lock icon Tway breaks three tournament records
      339 16 AP 808 TWAY broke three tournament records, tied another and equalled the beet score on the PGA Tour this year with an 11-under-par 61 in the first round of the US$BOO,OOO Disney Claaaic on Wednesday. Tway, who has missed the cut in six of his
      AP  -  339 words
    • Article
      Frances Yip to tee off inaugural charity classic
      398 16  -  GOLF By A SURENDREN "AND WHAT'S your handicap?" "My left arm!" That's what Frances Yip, international recording star from Hongkong, had to say about her golf game during the press conference to launch the inaugural Prances Yip Charity Classic. The event will
      398 words
    • Article, Illustration
      Lock icon Days of fight and fame over for Ali
      290 16 BOXING AP FORMER heavyweight champion Muhammad Ali jokes about fighting current champion Mike Tyson, admitting his time in the ring and spotlight is over. "The days of wine, women, songs, press conferences are over. I've had all that," said the 47-year-old All,
      AP  -  290 words
    • Article
      Lock icon Harding packs a mean punch
      297 16 AP JEFF "Hit Man" Harding means business. The Aussie nice guy turned nasty on Wednesday and unleashed a barrage of punches to twice send former world champion Matthew Saad Muhammad to the canvas in public sparring session in Brisbane. Harding, who defends his World Boxing
      AP  -  297 words
    • Article
      Lock icon Douglas wants a happy birthday
      120 16 AFP ROD DOUGLAS is determined to celebrate his 25th birthday with a shock win over British middleweight champion Herol Graham. His manager Micky Duff was hesitant about Douglas in the ring with Graham so soon. "Ideally I would have preferred to give Rod a few
      AFP  -  120 words
    • Article
      Lock icon Can Prost win this one?
      139 16 MOTOR-RACING AP VICTORY in the Japanese Grand Prix on Sunday would wrap up this year s Formula 1 World Championship for Alain Proet. It would also be out of character. Suzuka's checkered flag has been an elusive goal for the French driver. Prost saw his
      AP  -  139 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon MUI plans to build C$40m business park in Vancouver
      464 17 MBT MALAYAN UNITED Industries, which owns the 200-room Ming Court Hotel in Vsncouver, is planning to develop a Cs4o-mil-lion business park or industrial eetate in the Canadian city. Business sources say the park, which will be located on a six-ha site
      MBT  -  464 words
    • Article
      Inter-Pacific raises Berjaya stake by 10m shares
      534 17  -  By KEVIN GWEE INTER-PACIFIC Industrial Group Bhd purchased an additional block of 10 million Berjaya Corporation (M) Bhd shares for M 518.51 million or M 51.85 each on Monday the day stock markets around the world plunged in reaction to last Fridsy's 190-point
      534 words
    • Article
      C&C confirms sale of M Credit shares
      213 17 HALF THE MYSTERY of the sale of a block of 23.4 million shares In Malayan Credit on Wedneeday has been solved with confirmation yesterdsy that Cycle Carriage had divested its sntirs staks in ths open market for $51.5 million. With no accompanying announcement
      213 words
    • Article
      M'sian Plantations adds third purchase to SOPP
      571 17  -  TOTAL OF M5174.25m FOR THREE PROPERTY DEALS By WILLIAM CHIA MALAYSIAN Plantations Bhd is beefing up the property portfolio of wholly-owned subsidiary Segamat Oil Palm Plantations Sdn Bhd (SOPP) with the proposed scquisition of snother property company for M 588.25 million, bringing its
      571 words
    • Article
      COMPANY BRIEFS
      347 17 TUAN SING Holdings Lid has disposed of 50 per cent of its shsreholding in wholly-owned subsidisry Scanco (S) Pte Ltd to Kirkless Pte Ltd for $1. As st financial year ended Dec 31. 1968, Scanco had a net liability of $150,294 GOLD COM (M) Bhd said its conditional
      347 words
    • Article
      Lock icon Sapura to enter franchise market
      219 17 Bernama TELECOMMUNICATIONS based Sapura Holdings is pursuing prospects of franchising its payphone facility in Thailand next year. Mr Shahril Shamsuddin. the group gansral manager of Uniphone Sdn Bhd, a subsidiary of Sapura, said the company had taken the initial step by submitting an application for
      Bernama  -  219 words
    • SES
      • Article, Illustration
        Shares rise in line with Wall Street and region
        1097 18  -  tf ABDUL HADHI OVERNIGHT GAINS on Wall Street and rises in the regional markets boosted sentiment in the Singapore stock market yesterday as ahars prices rose across the board in moderate trading. ShjDrt covering and bargain hunting by investors pushed up
        1,097 words
      • Article
        Unit trusts
        306 18 Managers' prices for Oct 20 Royal Trust Asset Mgt ITT S pore Gr Fund 0 82 0 88 HT Asio-Poc Gr Fund 1.09 1.15 Singapore Unit Trust Tt«e Commerce 1.16 123 tl<« Savings Fund 100 1.06 S'pore Prog Fund 0.44 0 48* S'pore Sec Fund 0.73 0 78
        306 words
      • Article
        COMPANY MEETINGS
        55 18 INTER-PACIFIC INDUSTRIAL GROUP BHD: 21st AGM at the boardroom, sth Floor, Wisma Dani. No 1 Jalan Jejaka Empat, Taman Maluri, Cheras, ***** Kuala Lumpur, today at 10am. AMALGAMATED PROPERTIES A INDUSTRIES BHD: 19th AGM at Cempaka Room, Mezzanina Floor, Hotel Equatorial, Jalan Sultan Ismail. *****. Kuala Lumpur, on
        55 words
      • Article
        SES SHARE INFORMATION
        5072 18 Qr'a Or'a m§ T#l Lad Vol Day Last Quota DW Wv Y*ld Nat M Cap High Low Coda Company 8ala or- (*000) High Low Buyac Sallar C*vr P/E Jmll OCT 19 8E8DAQ 280 120 I 4000 Amtek Eng 20# 273 -2 574 280 273 272 274 12
        5,072 words
    • KLSE
      • Article, Illustration
        Prices rise across the board
        3549 19 ENCOURAGED by the uptrend on the oversees markets, investors on the Kuala Lumpur stock market showed renewed confidence yesterday and prtcee finished higher ecroee the board in cautious trading. Reflecting the advance, the cloeely-monitored New Straits Times Industrial Ordinary Share Index put on 06.14 points
        3,549 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Proton likely to maintain market share, says sole distributor
        296 20 Bernama IEDARAN OTOMOBIL Nasional Sdn Bhd (EON), the sole distributor ot the Malaysian national car, Proton Saga, is optimistic of maintaining its current market share ot 60 per cent in 1990, its chief general manager, Datuk Gurcharan Singh, said in Kuala
        Bernama  -  296 words
      • Article, Illustration
        Lock icon Prices close higher
        592 20 Tokyo Reuter TOKYO SHARE prices ended broadly higher in moderate trading yeeterday led by railway stocks. But some players said they remain cautious. "Confidence is returning, but moet important, confidence in the Japanese market because it held up relatively better in the face of the US crunch,"
        Reuter  -  592 words
      • Article, Illustration
        Lock icon Shares recoup losses
        464 20 Sydney Reuter AUSTRALIA's share market yesterday took heart from a better than expected performance by Wall Street after the San Francisco earthquake and recovered most of Wednesday's losses. The All Ordinaries Index cloeed 28.4 higher at 1,657.9, just short of the day's high at 1,658.9. Brokers said
        Reuter  -  464 words
      • Article, Illustration
        Lock icon Stocks firm up in moderate trade
        1246 20 Hongkong Reuter HONGKONG share prices closed firmer in moderate trade yesterday. Brokers said a technical rebound was largely reeponalble for the Hang Seng Index's 34.82 point rise to 2.663.37. Market sentiment was also buoyed by good performance on Wall Street which ended 4.92 points
        Reuter  -  1,246 words
      • Article
        Lock icon Seoul: Third straight fall
        206 20 Reuter SEOUL stocks fell for the third straight day in thin trading yesterday on fears the government would tighten liquidity in the fourth quarter, brokers said. The Composite Index closed at 909.54, down 7.86 points from Wednesday. Turnover was 184.1 billion won against 157 billion in
        Reuter  -  206 words
      • Article
        Bangkok
        174 20 OCT It BAMT Amartcan Standard 1712 4 Ao Kham Thai 900 unch Ayudhya Inwaatmant. 30 50 -0.26 Bangkok Aground 57 -I S Bangkok Bank. 291 -2 Banff (X Ayudhya 336 -2 Charung Thai Wlra A CaMa 263 -20 MMML 474 Dhana Slant Fin AaiaFttra Ill -1 Dhana Slam Flnanca
        174 words
      • Article
        Lock icon Manila: Shares rebound
        183 20 Reuter PHILIPPINE shares bounced back to closa higher yesterday as Investors were encouraged by Wall Street's shrugging off the San Francisco quake, brokers said. The Manila Stock Exchange Composite Index rose 16.92 points to 1,214.18, 1.4 per cent higher than Wednesday's 1,197.26. But brokers said the market
        Reuter  -  183 words
      • Article
        Lock icon Taipei: Stocks end firmer
        350 20 Reuter THE TAIWAN stock index leapt higher yeeterday In the first minute* of trading and then held relatively steady for the rest of the day, closing 124.17 points higher at 10.002.45. The rise was s 1.24 per cent gsin over Wednesdsy's 0,060.28 close. Turnover remained strong
        Reuter  -  350 words
      • Article
        Lock icon New Zealand: Firm finish
        96 20 Reuter THE NEW ZEALAND share market cloeed firm yesterday, continuing the week's trend of sharp swings but with the gyrations becoming less violent as the week progresses. "It's getting bsck to normslity," one broker ssid. The market took an 0.5 per cent dive on Monday followed
        Reuter  -  96 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Modest gains in fairly calm day
        888 21 New York Reuter, NYT WALL STREET stocks ended with modest gains after a fairly calm trading day on Wednesday. The major earthquake in northern California set off ripples of early selling, but investors quickly snapped up stocks thought to benefit from the disaster. Strength
        Reuter,; NYT  -  888 words
      • Article, Illustration
        Lock icon Equities open cautiously mixed
        827 21 London Reuter LONDON shares opened cautiously mixed in subdued trading yesterday as t the market awaited Chancellor Nigel Lawson's annual monetary policy speech last night. i i Important UK average earnings and money supply data, due at 1030 GMT, were also restraining factors. By 0827 GMT,
        Reuter  -  827 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1550 21 Reuter AMSTERDAM: Dutch share prices opened firmer across the board yesterday in a marked recovery from weakness earlier this week after last Friday's Wall Street tumble, led by blue chips, insurers, and paper firms, dealers said. The CBS All-Share Index shot up one point to open at
        Reuter  -  1,550 words
      • Article, Illustration
        Lock icon Whitbread puts wine, spirits division up for sale
        391 21 FT WHITBREAD, the UK brewing and retailing group, has put its wine and spirits division up for sale. Brands to be put under the hammer include Beefeater Gin and Long John Scotch Whisky. City analysts estimated that the division could be worth
        FT  -  391 words
      • Article
        Lock icon Philip Morris' net income up 21 pc
        359 21 NYT PHILIP MORRIS Cos. the world s largest consumer-products concern. has reported a strong third-quarter performance, especially in its international tobacco operations and its recently acquired Kraft foods business, with its net income rising nearly 21 per cent. The company, whose brands include
        NYT  -  359 words
      • Article
        Lock icon IBM okays US$l1b stock buyback
        102 21 NYT INTERNATIONAL BUSINESS MACHINES Corp said its board had authorised the repurchase of up to US$l billion worth of stock. The programme is one of series of similar actions the company has taken since 1986. A stock buyback programme initiated by IBM in September 1988
        NYT  -  102 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      102 17 _jft| [mm m fSsi I \f& m 22* fcxs i 5521 g in 5 sss-| Lr **4' T Us i| BT Special supplement;; The Property Supplement. For the third year running Business Times surveys the property market. We ask analysts, consultants and government agencies what they think is in store
      102 words
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      Page 17 Advertisements Column 2
      243 17 s It took more than 10,000 hour?* to develop this masterpiece. BLANCPAlNjr Exclusively at The Hour Glass AN OPPORTUMTY IN HE LAURENTIANS" OF QUOEC PROVINCE, CANADA Quebec's excelent reputation In the tourist industry is recognized the world over. You wi be enchanted by the beauty of ifs many attractions I
      243 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      837 20 NOTICES IN THE MATTER OF JW T1 THE COMPANIES ACT. COM] CAP. 50 AND rv IN THE MATTER OF "J MULLION CONSTRUCTION PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF NOTI FINAL MEETING t NOTICE IS HEREBY GIVEN OUJ pursuant to Section 308 of the Quod Companies Act. Cap. 50
      837 words
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      Page 20 Advertisements Column 2
      849 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 and n IN THE MATTER OF QUODO PRIVATE LIMITED (In Members' Voluntary VI Liquidation) I Special Resolutions NOTICE IS HEREBY GIVEN that at an Extraordlnary General Meeting of Quodo Private Limited duly convened and held at 111 M North Bridge Road
      849 words
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      Page 20 Advertisements Column 3
      534 20 NOTICE Pleaae be informed that with Immediate effect Mr Tan Tal Lee, Peter NRIC No. *****77/1 and Mr Chan Beng Seat Malaysia IC No. F*****54 have ceased to be employed by the Company ami therefore not authorised to transact any business or collect monlee on our behalf. THE MANAGEMENT SINGAPORE
      534 words
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      Page 20 Advertisements Column 4
      19 20 SINGAPORE A BUSINESS MONTHLY MAGAZINE of BUSINESS ■i REDIT trends tliUMin U><iriTiilHCimi» I 'HE' ■air g- |$4 OCTOBER 1989
      19 words
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      Page 21 Advertisements Column 1
      6 21 Managers must manage BT every Monday
      6 words
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      Page 21 Advertisements Column 2
      219 21 This announcement appears for the purposes of record only H October 1989 I NATIONAL IRON AND STEEL MILLS LIMITED I (Incorporated in the Republic of Singapore) Rights Issue of I 5595,771,985 1.5 per cent Unsecured Bonds due 1994 I with 19,154,397 detachable Warrants I Issue Price of 100 per cent
      219 words
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  • Article, Illustration
    Call for more financial sanctions
    594 22  -  REACTION TO S AFRICAN DEBT-RESCHEDULING MOVE By JOHN THOMAS THE COMMONWEALTH Heads of Government Meeting moved yesterday to consider additional financial sanctions against South Africa instead of choosing to merely affirm its resolve to strengthen existing ones, as had been planned when the leaders began
    594 words
  • Article
    Lock icon Jakarta to raise air, sea fares by 5 to 20pc from November
    108 22 Reuter THE INDONESIAN government will increase domestic air and sea fares by between five and 20 per cent from November 1, a communications ministry spokesman said. He said the steady devaluation of the rupiah against the dollar forced
    Reuter  -  108 words
  • Article, Illustration
    PM Lee and Dr Mahathir to ensure that close ties endure
    601 22  -  By LOH HUI YIN PRIME MINISTER Lee Kuan Yew will maintain contact with his Malaysian counterpart Datuk Seri Dr Mahathir Mohamad even after his deputy, Mr Goh Chok Tong, takes over to ensure that the rapport enjoyed by both
    601 words
  • Article
    Lock icon Carbon dioxide limit will hurt economy: Japan
    352 22 Reuter JAPAN says its economic growth will fall sharply if it cuts back on the use of oil, coal and gas to cap emissions of carbon dioxide, a gas blamed for contributing to global warming. A Ministry of International Trade and Industry official
    Reuter  -  352 words
  • Article
    Lock icon Spain's Camilo wins 1989 Nobel Prize for Literature
    126 22 Reuter SPANISH novelist Camilo Jose Cela won the 1989 Nobel literature prize, the Swedish Academy of Letters announced yesterday. It awarded the three million crown (U*****,000) prize to Cela for "a rich and intensive prose, which with restrained compassion forms a challenging
    Reuter  -  126 words
  • Article
    Former Drexel staff charged with cheating
    209 22 A FORMER vice-president of the Singapore branch of Drexel Burnham Lambert, a US-based commodities and securities trading firm, was charged yesterday with cheating the firm of $2.17 million. No plea was taken from Francis Dang Yong Chiang, now jobless. His lawyer, Mr Sant Singh,
    209 words
  • Article
    Lock icon Japan's foreign investment
    69 22 AFP FOREIGN investment by Japanese manufacturers is expected to reduce Japan's trade surplus by US$5B billion in fiscal 1993. Sumitomo Life Research Institute Inc said in a report yesterday. The affiliate of Sumitomo Life Insurance Co said foreign investment boosted production abroad and exports to Japan of
    AFP  -  69 words
  • Article
    Lock icon JAS to fly to Singapore
    58 22 AFP JAPAN Air System Co (JAS) said yesterday it would launch twiceweekly flights between Tokyo and Singapore in February. The DC-10 service will leave Tokyo every Wednesday and Saturday, and return Thursday and Sunday. JAS is the country's third-biggest airline and will be the second
    AFP  -  58 words
  • Article
    Lock icon Tin producers to extend export quotas until end of next year
    394 22 AFP THE ASSOCIATION of Tin Producing Countries (ATPC) is to continue restricting exports of member countries until the end of next year, a top Malaysian official said yesterday. Primary Industries Minister Lim Keng Yaik said after talka with visiting
    AFP  -  394 words
  • Article
    Lock icon 'KL needs to widen manufacturing base'
    161 22 Reuter MALAYSIA'S manufacturing sector is expected to raise its contribution to the economy in calendar 1989, but efforts must be taken to expand its base, the Federation of Malaysian Manufacturers (FMM) said. The sector is expected to account for 25.1 per cent of the
    Reuter  -  161 words
  • Article
    Lock icon Defection-plagued Cambodian army calls for expansion
    372 22 Reuter CAMBOOIA'S communist government, saying its defence build-up against opposition guerillas is incomplete, has called for an urgent expansion of its army. Nearly a month after Hanoi withdrew its forces supporting the Phnom Penh government, state radio said Cambodia was lagging in forging its
    Reuter  -  372 words
  • LATE FILE
    • Article
      Lock icon Cory to reappoint Santiago
      32 22 AFP PHILIPPINES President Corazon Aquino will reappoint popular crusading official Miriam Santiago as agrarian reform secretary despite her rejection by Congress, Mrs Santiago said in Manila yesterday. AFP
      AFP  -  32 words
    • Article
      Lock icon Cory's popularity at all-time low
      32 22 AFP PHILIPPINE President Corazon Aquino's popularity is at an all-time low while Defence Secretary Fidel Ramos remains well-liked, a private survey group said in Manila yesterday. AFP
      AFP  -  32 words
    • Article
      Lock icon Malaysian dam being designed
      40 22 Bernama THE Malaysian federal government has appointed a consultant to prepare the design for the Ms 36 million dam at Sungai Goiok to alleviate the flood problem in Kelantan, the state assembly was told yesterday. Ber-
      Bernama  -  40 words
    • Article
      Lock icon World's biggest paper mill
      36 22 OANAANTARA INDONESIA plans to build the world's biggest paper mill under its fifth five-year national development plan (Repelita V). The project would be developed in East Java by PT Tjiwi Kimia. OANA-AN-
      OANAANTARA  -  36 words
    • Article
      Lock icon Pinball scam back in Diet
      57 22 AFP JAPAN'S lower-house budget committee resumed debate yesterday after deputies agreed to discuss a pinball scandal next week. Debate was suspended on Wednesday when opposition parties refused a proposal by the ruling Liberal Democratic Party to summon an opposition deputy and a journalist as witnesses
      AFP  -  57 words
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      Lock icon Chinese support for peace
      30 22 AFP CHINESE Vice Premier Wu Xueqian has reaffirmed that Beijing would support any viable peace settlement in Cambodia, the state-run Thai News Agency reported yesterday. AFP
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      Lock icon Rogachev arrives in Beijing
      35 22 AFP SOVIET Deputy Foreign Minister Igor Rogachev arrived in Beijing yesterday at the head of a delegation to a fourth round of border talks, the New China News Agency reported. AFP
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  • Article
    Lock icon Comex gold and silver
    105 22 Reuter COMEX gold futures were up slightly in slow early trades yesterday as the metal turned its attention back to the US dollar. The currency recovered after an early fall tied to the narrow gain of 0.2 per cent in the September consumer prices data released
    Reuter  -  105 words
  • Page 22 Advertisements
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      148 22 Creditors agree to reschedule Pretoria's debt, PAGE 4 N a nf A Your link to a world of technological and innovative opportunities Ontario, the heartland of Canada, is home to If you are looking for business opportunities Look ahead, and take advantage of the the country's leading industries. A modern
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Polish yard seeks Chinese workers
        131 23 Reuter ONE OF POLAND'S biggest shipyards is looking for skilled labour in China because pay at the yard is too low and conditions too hard to attract Polish workers. The official news agency PAP said on Wednesday the Adolf Warski yard in the Baltic port
        Reuter  -  131 words
      • Article
        Lock icon Japan pledges loan to Sri Lanka
        133 23 AFP JAPAN HAS PLEDGED to provide Sri Lanka with up to 30.1 billion yen (US$2l5 million) in loans as part of its official development assistance to the country, the Japanese Foreign Ministry said on Wednesday. The loans include a commodity loan of up to
        AFP  -  133 words
      • Article
        Lock icon Wartsila buys into Dutch company
        96 23 Reuter FINLAND'S Oy Wartsila Ab said its Wartsila Diesel division bought a 60 per cent stake in Dutch diesel engine maker Stork-Werkspoor Diesel BV for undisclosed terms. A Wartsila spokesman said the stake was acquired from the Dutch investment bank Nederlandse Investerings Bank. The remaining
        Reuter  -  96 words
      • Article
        Lock icon Repaired sugar vessel sails for US
        89 23 Reuter THE CYPRIOT-FLAG motor vessel Litsa N, which developed engine problems last week and was towed into Veracruz, Mexico, has set sail for New Orleans with a full load of sugar, Lloyd's Shipping Intelligence reported. The 6,190 dwt vessel, which reported problems on Oct
        Reuter  -  89 words
    • Article
      Lock icon Port of New Orleans cuts container crane fees
      190 23 Reuter PORT OF New Orleans officials have slashed container crane fees by 10.5 per cent and eliminated any additional charge for use of the cranes beyond the normal workday ending at 1700 CDT. The new fee for crane use at its France
      Reuter  -  190 words
    • Article
      Index to advertisers
      1161 23 Poge Column ABC Contoinerline Eleven 5 Accord Shpg Eight 3/4 AJbotros Seo-Air Seven 5 Alfred C Toepler TUrtwi 5 Ahrenfciei liner Twelve 5 APC line Seven 5 API Five 3-5 Af$ Thirteen 3 Arrow lines Btwta 5 Aston Express Ten 2/3 A cWorehousing Thirteen 5 Attos Uee
      1,161 words
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      Lock icon Soviet call for removal of US shipping restrictions
      295 23 Reuter RESTRICTIONS on Soviet merchant vessels at US ports, the legacy ot sanctions imposed by the Reagan administration because of the Polish crisis, must be eliminated, a Soviet marine official said. "These restrictions are not a step toward rapprochement," Vadim Kornilov, head
      Reuter  -  295 words
    • Article
      Timuran to inject new energy into units
      382 23  -  By ZULKIFLI ALWI TIMURAN SHIPPING SERVICES, the shipping arm of Timuran Holdings, is revitalising its four shipping units through additional manpower, and technical expertise and equipment. General Manager Low Pooi Choon said the thrust of the drive is to inject more professionalism into
      382 words
    • Article, Illustration
      New PIL, Vigour container service
      458 23  -  THRICE-MONTHLY SINGAPORE-MANILA SAILINGS By JEAN FOONG SETTING ITS EYES on the growing Philippine market, Singapore shipowner Pacific International Lines (PIL) has teamed up with Vigour Line (SEA) of Hongkong for a new thrice-monthly container feeder service between Singapore and Manila. "Early next year this sailing
      458 words
    • Article
      Australia to relax requirements for permits for foreign ships
      313 23  -  By JOHN SPIERS, Writing for Shipping Times trow Sydney THE AUSTRALIAN government is about to relax requirements for permits for foreign flagged and crewed ships to trade on the Australian coast but belated concern is growing about the safety and competency
      313 words
    • Article
      Bunker market report
      539 24 Density Water Carbon Aah Aluminium Sadlmant Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30] 0.10] Spec G35 991 1.0 18.0 0.15 30 0.10 Northern Europe 180 Ave 984 0.2 13.2 0.05 8 0.02 180 Max 994 1.2
      539 words
    • Article
      Lock icon Laid-up tanker tonnage lower, says shipbroker
      247 24 Reuter OIL TANKER tonnage and combination carriers in lay-up, idle or under repair, including vessels inactive at port for two months or more, fell to 3.92 million tonnes dw (38 ships) in the month to Oct 16 from 4.69 million tonnes dw (42 ships)
      Reuter  -  247 words
    • Article
      Lock icon Japan's foreign ship orders up
      125 24 Reuter FOREIGN ship orders received by Japanese yards rose to 636,820 gross registered tons (grt) for 18 ships in September from 380.250 grt for 20 ships in August, the Japan Ship Exporters' Association said. This compares with 142,800 grt for four ships in September 1988.
      Reuter  -  125 words
    • Article, Illustration
      Lock icon Opinions differ on prices of bulk carriers
      902 24 AS THE dry bulk carrier market enters the final quarter of 1989, opinions seem divided on what 1990 might hold for secondhand prices. On the one hand, a continuing strong demand for secondhand tonnage, and the proliferation of shipping investment funds indicates a
      Lloyd's Shipping Economist; Source: Lloyd's Shipping Economist, Oct 1989  -  902 words
    • Article
      Container schedules/Ships in port
      2058 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Tin* Tlma From Tlma To Booking Gate Al Woibo 47 II IOW ISO 20/IZH »ISIS 2 OS X TO 20/1*44 2Q70X TW«" 2 *****0 21/0*44 NA J A*GIM* ***** 21
      2,058 words
    • Article
      Lock icon New Zealand waterfront stoppage set to end today
      212 25 AFP WATERFRONT WORKERS have reached an interim agreement that will open New Zealand's container terminals today, ending a 19-day work stoppage that has held up more than 30 ships. Two waterfront unions, the Watersiders and the Harbour Workers, have been in dispute
      AFP  -  212 words
    • Article
      London Freights
      930 25 FREIGHT rates firmed further on Wednesday for grain cargoes out of the US from both the Atlantic and the Pacific, with tonnage supply tight, and prompted another sharp rise in the Baltic Freight Index to 1,545, up 29 points. Brokers said the pick-up in demand and rates is
      930 words
    • Article
      SHIPPING LIST
      9027 34 AAAMUS Dim Arabian See. Noraoto Une. Od 30. SL Ex| Ming Energy Vang MMg LMe. OM 31. *22 Xing He. CMna Ocean ShM. OM 31 *IP»q (Mr 9MM. Evergreen. OM 22. KM Surta. SoanOutcht. Odß KuoK VWe de Morcura. CM OAMetaieert, Oct IJonga Large toy Trtot. OM3S*K>. CBy
      9,027 words
  • Page 23 Advertisements
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      31 23 "The Illustrated Encyclopedia of Wildlife" PVMMHW Fortnightly '^ZS all $ooit bookshops news-stands^ STP DMribotora or advertising and circulation enquiries, please call Business Times, el: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      31 words
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      20 23 Lines and services represented by /^BKsSS\ Members o» the Registry of Accredited [ftr/SH'M Shipping Agents, Singapore National vJOgiffc) Shipping Association.
      20 words
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      Page 23 Advertisements Column 3
      776 23 li-rlr ■HUSa way with idioms wonb Amtobh at a* good bookahopa F *o«rai PubNcaMom International Manning Conference November 16-17,1989 Pan Pacific Hotel, Singapore Organised by: Sponsored by: Lloyd's of London Press (Far East) Ltd Singapore National Shipping Association in association with the International Shipping Lloyd's Ship Manager Shipping News Federation
      776 words
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      Page 23 Advertisements Column 4
      207 23 INSIDE Direction of bulk carrier prices AS THE dry bulk carrier market enters the final quarter of 1969, opinions seem divided on what 1990 might hold for secondhand prices. A growing number of shipping analysts are predicting a fall in freight rates and prices next year. PAGE II Laid-up tanker
      207 words
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      Page 24 Advertisements Column 1
      107 24 2 VSLS REQUIRED ON VOV/TIIIE CHARTER DWT-30,000 A 10,000 BACH SINGLE DECKERS, UNDER IS YRS GEAR 10 TONS LYCAN END OCT/EARLY NOV 89 OLVRY- Mjm OVT AIMTJNZ RANQC IMM OWT MMNDON RANQC RDLVRY E.C. INDIA. PLS OFFER FIRM WITH VSLS SPECIFICATIONS TO FAX NO: V9QHE 228WW. NOTICE f NOTICE VESSELS
      107 words
  • Page 24 Miscellaneous
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      Page 24 Miscellaneous Column 1
      137 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. OCT 20, IM9 LEGEND p Temperature c 1% Ihunderstorm Weother Wind direction wrth speed «knots V Shower mm Rom Wave height Cloudy Shy Surface winds ore mdicoted by oriows -tweh Hy »ith the "ind One fufl circle represents calm or light and
      137 words
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      Page 25 Advertisements Column 1
      1771 25 JARDINC SHIPPING Afctwm M fjUVM WW/ SS s p CJtJCL rrai ss'i^as™K, S.-.vi. BMBI IMPORT EXPORT —niMWMi um cm imt mrc I Hf« "ptfl vctsEi/vorAg pg uh I cha Inm NYC lgjL_ oocj. ntonoMf u h m a/i a/i i* Pt ooa friendship it I KH -2! Tn ffISMiM S
      1,771 words
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      Page 25 Advertisements Column 2
      2347 25 =i IT. 1 DESTINATIONS TMa MM Mathilda M Ckoawg Tin* NMi by CY 24/10 0400 HAS H FafOO ft CrB 21/10 MOO MM M Tauro OAK lOS HOU MEM ATV MIA CHS BAL PML NVC MON TO* MATVMLOE M MB 124/10 25/10 "Ski 121/10 11/11 13/11 15/11 16/11 18/11 21/11
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      974 26 s m T f > IIMIfWIMI >- J J P ROTTERDAM/ VOY NO S PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LARGS BAY 17/599 25/10 ***** M/il 1«/11 Wll J*" CITY Of EDINBURGH 86/506 26/10 20/11 14/11 16/11 «Jll Wll LONDON EXPRESS 08/561 1/11 3/11 21/11 23/11 25/11
      974 words
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      Page 26 Advertisements Column 2
      476 26 ORTHBOUND TO UKC SPORE ROM/ADAM HK HULL (U.K.) VYBANK V-2SN »1 W VUUfU rAUSALA SAMOA V.IIN VU 5/1 Wl 14/1 CLYDEBANK V-Z7N 30,12 25/1 11/1 4(2 Jae ret te i wT n iiiiiTitliiliiiiJTnirnw>liiiJ»ittiil|Tif 1 I SOUTHPOUND TO PAPUA NEW GUINEA 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) SPOREI COLUMBUS SINGAPORE V2S 2S/1I
      476 words
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      Page 26 Advertisements Column 3
      1077 26 WS9 aaaaaia &£sm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALE) HMO ROT) ARABIAN SEA 130* 20/10 24/10 ifll U/U 13/U li/U 11/U 11/U 20(U 21/U 22A1 NOR ASIA SHARJAM 031-3 27/10 3WO 11/U
      1,077 words
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      Page 27 Advertisements Column 1
      1471 27 Sg Steamers Maritime Holdings Ltd Wa P&O 1 mrm STRAITS SHIPPING Containers ft» gjffi"** r«n PJOant rial ITkq >Tmi— raa» Lafe lams bat am vm wu am ani ani aoi on a> bwuwm mm «u wu wi i«u mu accepts cargo out Mas 1522,5£ Z SS SS 3! Si PRIOE
      1,471 words
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      Page 27 Advertisements Column 2
      1559 27 TO: EUROPE TO: FAR EAST IN RM NAM BRE FIX SPORE HK KAO Ml CHOYANC CHANCE BMW SJII «(U N|ll NfU UfU l)|U CNOYAN6 PARK Ml 3*M Mfll MAI MW NANJIN LEHAVRE MM BVU 22/U 2*ll M/U 2*ll 27/U NANJIN OAKLAND Ml H|U HU IM] IHI NAHJIN HASAN MM U/U
      1,559 words
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      Page 27 Advertisements Column 3
      27 27 REGULAR SERVICE TO KARACHI S'PORE LOADING FOR HUA HE VIM 27/10 KARACHI Agents SHIBUSAWA MCISMM NTT TRANSPORTATION CO (*TI) LTD T»l 723*22 Tlx: RS 21«11 Far 225M24
      27 words
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      Page 27 Advertisements Column 4
      318 27 m urn i wrnTTTffTJirairtßK STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TANJUNG PINANG ASIAN CLIPPER KOGGEGRACMT VOY. HO. 5 Uf 5 S'pora 21/10 22/10 3/11 P. Kalang Sailod 4/11 Panang f Hong Kong Yokohama Nagoya 21/11 Osaka lj^j Sonboku IMoji Funabaahi •For Machargiflg Only 7 MOTE: ALSO
      318 words
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      785 28 tijiwaß ntANiAN amvicg I Loading tar.- RAN MOLAO PA 712 Saitad BANDAR ANAS I PAN TtYfOUKI PX 7H II Oct BANOAN ABBAS J J I OUAM/SAIFAN DIRECT SERVICE (B/BU4JC CONTAMCN) ETA SPORE GUAM SAIPAN 3MBULB M UHW unw "gAWLP V 3 a nov iikc u dec ItCMNCSM POUTS DIRECT CALLS
      785 words
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      Page 28 Advertisements Column 2
      842 28 (p) HANJIN SHIPPING xy FULL CONTAINER SERVICE CHOYANC CHANCE 044W I njw I wTT' SST" UflT W K SSM M HANJIN U HAVRE OMW 4fll 22A1 21fll 2*ll 27/11 «JJ J HANJIN HASAN OB* 11/11 2*ll 30fll 1/12 3/U 4/12 CHOYAIK SUCCUS Mi l*U N pohajk 0041 OV MTU CHOYANG
      842 words
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      Page 28 Advertisements Column 3
      1219 28 -J T -J 1 ImwwaciumiKTiMra RRL UW AM fiH u nng RRP I ever garden »w an vu «i I*ll nu ivu m xii ivu *u bw <m fi W I ever gnovtn 4ni vu mi *11 mi w »i nfu vi «i Jg M I iv« orm> »i s]u
      1,219 words
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      Page 29 Advertisements Column 1
      1179 29 asaaa pacific international lines (pte) ltd J PIL Building, 140 Cecil Street #03-00, Singapore 0106. Tel: *****33 [FAREAST I MM. VOY SIN JKT MY VOY NM KAO KM YOK *00 KOS majapamt mm old nn# an# mm a/i# ivii 11/11 «m vi WJJ mrvmm. uu JO/10 1/11 4/11 MM 11/11
      1,179 words
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      Page 29 Advertisements Column 2
      652 29 irKM f-KLAM (TON HMI rHAVIM WMI MVW I urpbi ant via w wu am hiu aiu I ant wu wu wu 1101 wu 1 Mabm* 101 VII lIIU VI W «U «U I kmv i vu »u noi wu wu wu trnmUmm VU WU JVU WU 2/U VU VU Mpi
      652 words
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      Page 29 Advertisements Column 3
      343 29 DJASAGETRI 1 A Joint Europe Service Of: P.T. DJMUUrrt LLIYD P.T. BESUM U.OYI p.T. IMWUM IRMRBK P.T. IHKMM UBTD VOYIB WB (FAST TRANSIT) ETA B'POWE OCT ETP 1/11 sisEP" 5 IE Part Mali. Port AWMndrt«, Own, Trto«oa. ALSO ACCEPTING MTN CONTAIIW*^ COWWTKmAL CARGO™ T/S TO UK PORTS, NULL. L£ HAVRE.
      343 words
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      Page 29 Advertisements Column 4
      494 29 4 111 I •1111 J *11 teat MYANMA \JBSA FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) S'port P.Keling Parang Bangkok •HPA-AN VMM 21/23 Oct PAGAN VI47W 2NH Oct MAWLAMYINE V* W Ho* 2*21 Od DiSCN ONLY THE BANK UNE SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPBESS TO
      494 words
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      Page 30 Advertisements Column 1
      1249 30 I VroTnur WY INM *PK/PNG [~SGP LB cuts NFK NYC HFX 21 23/10 24/10 P 11/11 3|U Xfll 2/U i|li N E 17 3000 JVlfl 2/U 25f1l 5/U 7/U 9/U 13/U I 25 "11 7/11 #11 2/U 12/U 14/12 16/U 20f12 tPTUNE BARNET 23 13/11 14/11 111/11 S/12 IS/12 21/12
      1,249 words
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      Page 30 Advertisements Column 2
      734 30 EXPRESS CONTAINER SERVICE Acc>p»H| fCUFCI ConWnw Smp«aro Mmi Pmn| Loodanf tor MMkw <W If Fooßor By Fooßa TULSIOAS ».44 X Oct 24 Od 24 Oct Ml I OAS 1M 3Ok 17 No* V Not FranflMftrtn/AM TULSIOAS¥.4S It OK 10 Dk 10 DK FronnGtaa/SfAVAda KALIOAS ¥.47 1* Jm 13 Jo* 13
      734 words
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      Page 30 Advertisements Column 3
      620 30 r Vv?%i GOLDEN LINE 1 R GUAN GUAN SHIPPING (PTE) LTD Bl ILofjJ 21 Trto* Aye Scoot Hi SINCAPOBf 0104 til U43W (10 LIN(S) Fa. iMfto4 Bj STRAITS/PERSIAN GULF SERVICE: r» P Kota* Hmm P MN6 FUI6 2 OIM Oct ixDCN aowa CoMxVKmcMMa. J*H Oct CHINA XMKC OJANC SNUI HoMpWStandtoi
      620 words
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      Page 30 Advertisements Column 4
      685 30 HU EMT/FM EAST FO. ft LO. BMB ESSEL |ETA SINGAPORE [DESTINATION f BN 2000 22/10. DUBAI DAMMAN KUWAIT. 30/10 DOHA, MUSCAT, BAHRAIN ABU DHABI ft SMARJAM BN 25/10, Sfll JEDOAN (LCLI WEEKLY I AQABA. NOOtIOAN bn an. tm. h komc. koml tokyo, keeluncT" 4/11 KAOHSIUNC, MANILA. BANGKOK, I BUSAN. JAKARTA
      685 words
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      1439 31 SHIPPING TIMES, Friday, October 20, 1989 Agents S'pore NEPTUNE AGENCES PTE.TtS 4\ 4 General Book mat Bookings Inwwd/ Terminal CFS Y\\ y Bihru »r Sx"« ssss mm 2 MUm. asss sar s» *****19 *****16 iW^' Hi BBH ,C» NO. XtJ \NEPTUNE ORjENTJJNESjJD FBi ■■■II I mniM ham iinmil VBL/VOY I
      1,439 words
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      Page 31 Advertisements Column 2
      883 31 SINSOV i SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KEIANC MESSRS NAI THONG SHIPPING 127 Pwmiw Strwt. Pen** Malaysia N/S HANDLING SYSTEM CO
      883 words
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      651 32 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OCT BOUND SIN ICA ANT RDM HK RST RUCKLANO VMS 5/5" M/ll MAI MW *U 2»fll ULMICNT tm UAT 30/11 M/ 12 OlfU 11/12 M/U T NCNOAMT w mu a/u w IAA UUMACA ACCEPTIRC CARGO FOR
      651 words
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      Page 32 Advertisements Column 2
      881 32 fa JUGOUNIJA l VESSEL SPORE JK PNC REL LOAOINC FOR LIKA I 5 NO* MOV 10 RO* 12 NOV Ahundn*. Bwut Tr.pofc, Mwvn. P. Sm), Limnnl. mttka. Dtrun, Istanbul. %uu HRVATSKA 10 NOV 13 NOV IS NOV *op«. Tri««». PRIMONJE I* Pt 23 WT 2t XT 2S OCT Cast ¥«d
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      Page 32 Advertisements Column 3
      130 32 Eonterm] GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment, Door-to-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. S PORE TEL: *****33 FAX: ******1 P. KELANG TEL: 03-*****57 FAX: 03-*****71 MANILA FULL CONTAINER SERVICE VESSEL |VOY I SING I MANILA
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      Page 32 Advertisements Column 4
      514 32 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETO LOADING FOR DELI INOAH 27.10J8 2110J9 PANJAN6/PK BALAM NAGA JAVA 25.10J9 26.10J9 PANJAN6 LAMPUNG JAYA 24.10.89 26.10J9 SEMARANG/PANJANG PINANG JAYA 28 10.89 29.10J9 PANJAN6/PK BALAM PERITA JAYA In Port 21.10J9 PANJAMG/JAKARTA ABAOI JAYA 24.1019 25.10J9 PAN
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      Page 32 Advertisements Column 5
      650 32 ASEAN PORTS BANGKOK 1- 4 sailings a week Ngow Hock Agency Co Ltd BKK (Tel: *****80) VESSEL VOY SINGAPORE BANC*OH THANA BWUM 42tN Ui Hfll Tin" MM MOANA PACIFIC lON Hon 23/10 Thur 20/10 PCJA mm 01X _Ti» 24/10 Tn 27/10 PITA BHUM H7N <Nd flg Sit 21/10 JENLIItt 12W
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      Page 33 Advertisements Column 1
      1010 33 IIvESSEL VOY SINGAPORE KHF/DUBAI KARACHI! ■LANKA SRIMANI 71W 20/10 1/11 I ■LANKA SIRI 129W 22/10 I ■LANKA SRIMATHI 71W 03/11 14/11 I ■IANKA SIRI 130W 06/11 I I ALSO ACCEPTING CARGO (FCL/LCL) FOR:- I I A) IN 01 AN PORTS I MADRAS TUTICORIN COCHIN MANGALORE BOMBAY I I B) ARABIAN
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      Page 33 Advertisements Column 2
      335 33 CONVENTIONAL KNim CTA UOMMMK* NrraANFr r?T OA*eee*uuu<. MOiieAaA. ojeoun Aaaxa. uassawa, hoockmm MV ANOMFr 4/11 OAMBOALAAM. «OM«A*A. OMOUTI AMAA UASBAWA MOOCCAH AMAV WONZ 2VII OMOBMMM. MOMMA. MBOUTI VWHWB AMA* MASSAWA. HOOUMM Other porta along the route workable on lnducement__ Q MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH
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      Page 33 Advertisements Column 3
      1003 33 < m v CRYSTAL FREIGHTI P SERVICES PTE LTD TEL: *****M/*****22 SU! CAI TIC HONGKONG/ CHINA 27/10 A 30/10 LEI BANGKOK 22/10 25/10 SU! P. KELANG/PENANG 27/10 ft 3/11 CAI BUSAN 20/10* 2/11 T e KEELUNG/KAOHSIUNG 22/10 4 20/10 'l. MANILA 23/10 A 30/10 i±! JAKARTA 20/10 A 4/11 SYDNEY/MELBOURNE
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      Page 33 Advertisements Column 4
      387 33 BAY OF BENGAL SERVICES mi ni m iaa cAi w ISAK 84N 21/10 27/10 tLABAR 78CNB 25/10 28/10 GER BAY 85N 29/10 5/11 UVE 9113 30/10 4/11 8/11 ISAK 86N 3/11 10/11 iLABAR 79CNB* 5/11 11/11 GER BAY 87N 12/11 19/11 UVE 9114 15/11 20/11 24/11 MEIMM MffM RORO/LOLO BCRVICCB
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      Page 33 Advertisements Column 5
      196 33 TO AUSTRALIA/NEW ZEALAND t*t omen am to to to 55 55 u/5 l Nunc m TO 55 wu I*u to TO ■■una m ~nju w wi T»i *i c. vcMunai vi ~w 15i 15f m w 1* DATS TO IIIINIt! TO USA/CANADA Si jtinn in on—|<W<»«f [5E nnixmnSr to w
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      Page 34 Advertisements Column 1
      899 34 GFOcemSeruice JS J LCL/FCL SERVICE TO/FROM JmL/ fee jopuitM ow 900 Mrminaii/offtCM ki UAA. I I m QP WMinUim OM 36j000 tractors I trucks. I 111 A IET* mw» owr tOjOOO points in U.S-A. Ihl iHHK offan riliaW* LCL/FCL Mmcn. Gortarsl Aggnti /A/*r pf/i PENANG KL: allied-LINK SINGAPORE: /gyv 04r*****2
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      Page 35 Advertisements Column 1
      705 35 n 5 COMPANIA PERUANA J 5 de vapores ff 5 "PERUVIAN STATE LINE" C K ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/PROM J 4 CALLAO, MAT ARAN I, ILO* A OTHER PERUVIAN PORTS* J 6 WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. J 4 Pwunf* P. KaUnf A A KAMALEVERETT
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      Page 35 Advertisements Column 2
      630 35 EZQttElp FULL CONTAINER SERVICE mcmUm FCL/LCL cargo* to USA Em( A Wwt Com*. C»rrittoon.Ej»t Cwdi. HAITI. feiiWMMU md HondurM WL ITPORE MAIMUNEB ILAX KIT BAY [NYC MFX~I DM GUAM WVt DM NEWYOtK *11 ifU tfU M(U U/12 A VESSEL TfU DB IBERIA IfU $12 17j}2 BU n/U im SINGAPORE «/U
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      Page 35 Advertisements Column 3
      575 35 SING KWANG HANG I SHIPPING TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL IS'PORE [JAKARTA [SURABAYA JENHOL 138 21/10 24/10 A VESSEL 116/10 121/10 I—VESSEL |S PORE [BANGKOK A VESSEL 16/10 21/10 A VESSEL [21/10 124/10 DCSTMATIONS ETA SMQAPORE PORT KELANG 20 OCT MANILA 20 OCT HONQ KONG, ALL CHINA PORTS
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      Page 35 Advertisements Column 4
      539 35 la PERINTIS LINE I WEEKLY FULL CONTAINER SERVICE I ACCEPTING ALL FCL CARGOES I BETWEEN SINGAPORE AND I JAKARTA SURABAYA I VESSEL VOY SINGAPORE JAKARTA I ETA ETD ETA ETD I PRASETIA 34-3SA 21/10 15/10 17/10 17/10 I PRABHAKTI 306-307 A 24/10 25/10 27/10 27/10 PRASETIA 36-37 A 28/10 29/10
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      Page 35 Advertisements Column 5
      432 35 i^inm Mi FUIAIT 22/10 KEELUNG/K AOHSIUNG 22/10 BANGKOK 27/10 MANILA 28/10 JAKARTA 27/10 PORT KELANG/PENANG 26/10 BUSAN 23/10 TOKYO/YOKO/KOBE 26/10 HONG KONG also acceptor* cargo to Huangpu/Shenzhen/Fuinou/ Xiamen/Xingang/Shanghai SIN UMFE/M 28/10 LDN/FLX/LVP/SOU 28/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poiand/Bulgaha/Czech. MWI/mmu 26/10 L.A./NYC/SFO 23/10 VANCOUVER/TORONTO/MONTREAL MABCTVALiA/NEV gay HE 29/10
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      Page 36 Advertisements Column 1
      1274 36 Ahyunqqi BiBBEMfflHl MERCHANT MARINE CO., LTD. BBy333aMaailißMß EABTBOUHP TO USA WESTBOUND FROM USA TO PSW SIX HKC LM OAK SEA FROM PSW LM OA* SEA HKC SIM HYUNDAI COMMANDER IX 20/10 21/10 I*ll I*ll MAI HYUNDAI INNOVATOR 2M I*o W* 2400 U/M WW HYUNDAI PIONEER 27E 27/10 02/11 2*ll 24/11
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      Page 36 Advertisements Column 2
      930 36 te JE CONTAINER LINE 11 TEL: *****59 FAX *****63 GUARANTEE LCL CON3OL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST •OUT KELANC Si MANILA WQ» WM INANC Mpß Z7/1B BUSAM VII g) IMKXOi> XK 4 24/10 TOKYO M/M VU tOMC KONG 24/10 ft 21/10 KOBE S/M ft «U 3UMA 24/U ft
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      Page 36 Advertisements Column 3
      494 36 UK/CONTINENT (TRIO) PJIaIMI nm rwi BlMMai ua lmmtm il! mi MMMMN, MEDITERRANEAN MED CIUBI* JEDDAM MM| affi s tauiinm it jk MIDDLE EAST (OASIS)** tout bam mam mm aai mmm nwn «m«Biiai>aa>ia PMMMI^M jySP"" "K SB dS JS JS JS pWSKST—.«m as w Srtas;lfl^H TO: SOUTH AFRICA BflH (TA M
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