The Business Times, 15 November 1989
1989-11-15
1
42
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The Business Times
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Title Section11 1989-11-15 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, NOVEMBER 15, 1989 75 CENTS11 words
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Article234 1989-11-15 1 Dow higher WALL STREET slocks opened higher yesterday, boosted by hopes that week US economic dsta could lead to Fed credit easing, analysts ssid. The Dow was up five points st 2631 and gainers led loeers by five to four. Buying was light, trsders ssid. Reuter Footsie234 words
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Article, Illustration731 1989-11-15 1 ANDREA BORCH - CONTINUE TO ATTRACT REPUTABLE SECURITIES FIRMS: DR HU By ANDREA BORCH THE STOCK EXCHANGE of Singapore (SES) is aiming to put in place an over-the-counter (OTC) market by January 1900, Finance Minister Dr Richard Hu said yesterday. The OTC market731 words
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490 1989-11-15 1 MAGDALENE NG - By MAGDALENE NG FINANCE MINISTER Dr Richard Hu's revelation of the local stock exchange's development plana yeeterday drew mixed reeponss from the financial fraternity. Both brokers and bankers contacted felt the minister had started the ball rolling and they were490 words
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Article, Illustration225 1989-11-15 1 REGIONAL STOCK MARKETS except Singapore rose yesterday in thin trade. Share prices in the local market declined marginally in slim trade. Profit-taking after the recent rises pushed the Straits Times Industrials Index 3.19 points lower to 1,333.25. The 40issue Business Times Composite Index loet225 words
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275 1989-11-15 1 WALTON MORAIS - By WALTON MORAIS HONGKONG MOVIE MAGNATE Raymond Chow's film group has entered into a 50-60 Joint-venture with Austrslian film group Village Roadahow Corporation to tender for two cinema complexes in Yishun and Tampinee. Mr Chow's Golden Herveet Film Company and Village Roadshow275 words
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278 1989-11-15 1 AP THE SOUTH KOREAN government yesterday announced emergency measures designed to stimulate the country's sluggish economy that range from cuts in bank interest rates to special loans for export industries. At a joint news conference in Seoul, four economic ministers said that rediscountAP - 278 words
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445 1989-11-15 1 LILIAN ANG - By LILIAN ANG ASEAN'* petroleum industry is growing rapidly, with investments in exploration and refining technology likely to exceed US$2 billion over the next five years. This projection was made yesterday by Brigadier-General Lee Hsien Loong, Minister for Trade and Industry,445 words
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117 1989-11-15 1 Bernama MATSUSHITA Air-conditioning Corp Sdn Bhd (MAAC) plans to invest Ms2Bs million in Shah Alam by 1995, when it should be producing half a million units of split-type room air-conditioners annually. Managing director Yukio Shohtoku said yesterday that the company would start operations inBernama - 117 words
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Page 1 Advertisements
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Advertisement50 1989-11-15 1 agli Forum Galleria #01-46, la collection Van Geef Arpds Paris SPORTS Authorised dealers ROY EASTERN WATCH PTE LTD Tel *****39. *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85. *****71 NANKING WATCH DEALERS Tel *****04/*****58 WATCHES OF SWITZERLAND Tel *****43 BISTA (TRADING) PTE LTD50 words
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Advertisement272 1989-11-15 1 Leader, PAGE 16 H Aaean countries closing economic gap with NlEa, BACK PAGE HonghonQ hosed IMC gets the nod for locsl listing, PAGE 21 Mors stories In Benklng, PAGE 15 Full report, PAQE 22 Regional martats, PAQE 24 World marfcots, PAQE 25 COMPANY SERVICES V NEWS 21 Aircraft Schedule 6272 words
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Advertisement9 1989-11-15 1 HK unlikely to repeat 1988 Investment feat, BACK PAGE9 words
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Advertisement160 1989-11-15 1 Available at OG Par* Orchard and Elite Asssn may Nnk up through pipeline, PAGE 3 Xt THE BURBERRY LOOKMc SINt.APOU MIKHFKtOS sll( >1' IN MOT HMJJYV < >r>tur.l BuiWihr. I Grange R.mcl Singapore 0921 lei *****5T Wl.n«llM>lrn OAIMARI «|vKI\MUH.V <K. turd IK lAVSK* NANHFN LFXTHFR GOODS ROBINSONS M Hit) •I160 words
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HOME NEWS
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381 1989-11-15 2 SUZANNE SOH - By SUZANNE SOH THE 20 per cant discount given by Beijing on tour packages to China to promote tourism after the Tiananmen Square crisis may be withdrawn next month. This means tour packages will be back to their normal costs early next381 words
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Article, Illustration244 1989-11-15 2 THE US navy destroyer, USS Kinkaid, which collided with a Singapore-owned ship on Sunday. is at Sembawang Wharves awaiting temporary repairs. Industry sources say that if the vessel needs docking, it may have to wait at least a month, given the tight dock situation in244 words
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196 1989-11-15 2 CONSCIOUS EFFORTS must be made to ensure that complacency about productivity will not creep In, aaid Zulkifli bin Mohammed, Political Secretary (Community Development) yesterday. Mr Zulkifli, who is also the Member of Parliament for Eunos GRC, wss speaking at the Community Development Ministry's productivity196 words
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370 1989-11-15 2 HONG LEE TIAM - By HONG LEE TIAM RISK PROTECTION Associates (Re) Ltd, an insurance broker, is marketing a new car insurance scheme for drivers with an acci-dent-free record for at least three years. Murray Samuel, the managing director of Risk Protection, said four insurance companies had370 words
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Article, Illustration212 1989-11-15 2 IT IS DESCRIBED as the most comprehensive study of the development of modern Singapore. "Management of Success; The Moulding of Modern Singapore". the outcome of a five-year project by the Institute of South-east Asian Studies (ISEAS), was launched yesterday. The book comprises some 49 articles212 words
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Article130 1989-11-15 2 TELEBOX yesterday took one more step towards a paperless office when it launched two new services. Subscribers can now use the electronic mail system to send and receive telex and facsimile messagee to any local or overseas party. Telebox essentially operatee between computers. A message is130 words
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Article112 1989-11-15 3 CONSUMER PRICES were 3.1 per cent higher in October compered with e yeer ego. with treneport end communicetion coete showing the sharpest incr esses. Last month, trensport and communications costs were 6.2 per cent higher than a year ago. Housing costs were 2.6 per cent higher112 words
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98 1989-11-15 3 A MARINE SURVEYING course is being conducted for the first time in Singapore jointly by the Singapore Polytechnic and the Singapore Nautical Institute. A Poly statement yesterday said the Basic Marine Surveyors' Course is the first time forms! training in asseesing and documenting the condition98 words
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Article103 1989-11-15 3 THE SINGAPORE Democratic Party invitee applications for its I*oo Caimhill upper secondary and tertiary scholarships. The awards are open to any student resident in Cairnhill constituency. They must be Singapore citizens and preferably be able to show that they would have to leave school because of103 words
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Article, Illustration221 1989-11-15 3 WITH THE Singapore Symphony Orchestra providing a genteel musical backdrop, Trade and Industry Minister Brigadier-Gener-al (Res) Lee Hsien Loong yesterday played host to about 500 business leaders at the Istana grounds. The event, slated to be an annual affair from now on, was221 words
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150 1989-11-15 3 IN LINE WITH world efforts to increase the awareness of environmental issues, HongkongBank has embarked on a "Care-for-Nature" sponsorship programme aimed at increasing Singaporeans' appreciation of nature. The bank yesterday committed $500,000 to the Botanic Gardens. It will also sponsor the production of a television documentary150 words
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142 1989-11-15 3 SIX SINGAPOREAN woman managers have been awarded scholarships to attend management training seminsrs at the Asian Institute of Management in Manila. They include three entrepreneurs Cynthia Ong, managing director of OKH Ballet. Centre; Clara Chen, director of Brighton Commercial Training Centre; and Li-Lian Lim,142 words
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530 1989-11-15 3 LILIAN ANG - ASCOPE MEMBERS KEEN ON PLAN By LILIAN ANG IN A MOVE which could forge closer tiM WW Asean countries, the Asean Council on Petroleum (Aacope) is to study the construction of a gas pipeline network linking member countries to each other. Discussions on530 words
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282 1989-11-15 3 ANNA TEO - By ANNA TEO ASEAN PLANS to set up a specialised meteorological centre in Singapore to moderniae forecasting techniques in the region, said Mr Mah Bow Tan. As modem weather forecasting techniques are costly to adapt, it makee sense for individual countriee to pool their282 words
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Page 2 Advertisements
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Advertisement277 1989-11-15 2 Because everything else in market is unpredictable. In a business environment where Take for example, its construction. And that's just the bodywork. We don't take risks. So why should > |HHggg| virtually everything is unpredictable, The HP Vectra RS's elaborately designed Needless to say, our reliability ex you? For more277 words
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Page 2 Miscellaneous
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Miscellaneous207 1989-11-15 2 WEATHMfe&> JkQLHjr,.H.HM.y.i*Aj v/' rv IJILj and w«ath«r^or*cast ctty Max/ Note OUTLOOK: Ikmn CO ftuport (or 24 bon prter Abardoan 11/05 Swny 7.30pm «n Now 14 a» AmAardom 13/05 Ooudy ofcrpom Afhura 18/11 Sunny Ma* tM* Mi Auckland 20/14 Showan Aaaae handdßy 7J Bangkok 34/25 Fair f Mlng o> !2 Hr.^ZZZTaJIv207 words
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Page 3 Advertisements
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Advertisement172 1989-11-15 3 Mosanah Has A Secret She Passes Down The Line. M ■>— .ijWWBWI—- m mm —mvnHSKSHPIBHk BKE 9 j I t^KKKf Y v v Suhm| v k I .'.iiifll w M^TP^^hViiKtAJ J ■yk P w%. V\IK Lk Sbggfif ufly i^^^BHSILJ p;! I Moganah works on a pre line at a cli't172 words
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FOREIGN NEWS
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698 1989-11-15 4 NYT WARNING that consumers' trust is "running dry" and that the economy is in danger of "a creeping return backward", Soviet President Mikhail Gorbachev's chief economic adviser has called for "strict and unpopular measures" to invigorate the country's fledgling economic restructuringNYT - 698 words
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198 1989-11-15 4 AFP THE COMMUNIST PARTY daily Pravda on Monday bemoaned the fact that the Soviet Union was not invited to attend the Asian-Pacific economic forum held recently in Canberra. "We again encounter political apartheid," Pravda said. The forum was attended by all six membersAFP - 198 words
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341 1989-11-15 4 AP A DRAFT LAW lifting most Soviet trsvsl rsstrictions thst hss passed its first legislstive hurdle could unleash s flood of half a million smigrsnts, ths official Tass news sgency reported. The propoeed Isw "is revolutionary for SovietAP - 341 words
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Article, Illustration425 1989-11-15 4 Reuter CHINA'S new military leader has called on the army to show absolute obedience to the communist party amid indications of opposition within the military to the use of the army to crush pro-democracy protests in June. The Liberation Army Daily newspaper yesterday quotedReuter - 425 words
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191 1989-11-15 4 AFP A TEAM of Chinese diplomats and military experts left Beijing on Monday for Moscow to discuss the demilitarisation of the Sino-Soviet border, the New China News Agency (NCNA) reported. The delegation comprised foreign and defence minietry officials, the news agency saidAFP - 191 words
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262 1989-11-15 4 INDONESIA is expected to sign an agreement soon on investment guarantee and a treaty on the svoidance of double taxstion with Taiwan, The Jakarta Poet reported last Saturday. The move oomee sa a bid to promote investment cooperation between the two nations,262 words
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351 1989-11-15 6 AFP THE EUROPEAN COMMUNITY (EC) assured Japan yesterday it would ban "local content requirements" which had been seen aa an obetacie to overseas Investment and one of the sticking points in global talks on freer trade. EC Com mi as ionAFP - 351 words
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324 1989-11-15 6 AP PRESIDENT Francois Mitterrsnd has invited the leaders of the European Community countries to a special meeting on Saturday in Paris to discuss the rapidly changing situation in Europe, the preeidential palace ennounced on Monday. Jacquee Delore, preeident of the European Commission,AP - 324 words
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202 1989-11-15 6 Reuter EUROPEAN COMMUNITY finance ministers have eatablished little common ground on plana to collect indirect taxee and approximate their ratea once the EC scrape its internal border controls after 1992. Diplomata in Brusaels aaid yesterday that the miniaters, had failed to agree onReuter - 202 words
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366 1989-11-15 6 AP FRAUD and miamanagamant could wipa out the ratlramant neat eggs of millions of working Americana in private pension programmee and saddle tax-pay-era with a multi-billion-dollar bailout according to government officiate and agency documents. An Associated Praaa investigation has found that at teaetAP - 366 words
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222 1989-11-15 6 Reuter A 66-STOREY Manhattan skyscraper owned by the lata Philippine president Ferdinand Marcos and his wife Imelda was sold at auction in a federal court in New York for U5577,000,100 on Monday a price that juat barely covered its mortgage and expenaea. The price forReuter - 222 words
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Article931 1989-11-15 6 ARRIVALS Opiulm number Local llnw From MAU MAS su OA SU su GU HA SU SU QFA U8A GU SU THA SU TtY GU SU GU MAS GU SU SU SU SU SAS SU SU THA GU SU UA THA THY ANZ CPA MAS CAL PAS MAS931 words
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Page 4 Advertisements
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Advertisement65 1989-11-15 4 natur a I towards new horizons Group >/Singapore Aerospace Engineering (previously known as Singapore Aerospace Maintenance Company) Aerospace Systems -<6 <fcW (previously known as Singapore Aero-Components Overhaul) j£gj||&|a9gKS9K£HG9H|H^HH^^H^^H^^^^^^^^^Hj^^H v^ingapore known as Aerospace Supplies I'. (previously known as Singapore Aerospace Warehousing and Supplies) Aerospace Manufacturing -IP*' v?v«. c l "~rj?2*' HHH^H65 words
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Page 4 Miscellaneous
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Miscellaneous55 1989-11-15 4 Doonesbury by garry trudeau THERE soN.rvefxueN *XJUH.- MARK i i(XfRB MORS PAP, YOU MSN7 INLOVB. I'M 60- MAYS Be DiDNr'»Ajj RtAUX UK HIS GAIL! MJHATB HAW I MAS !N6W/St WdUXm, IWS PERSONAL I MEAN, 601N6 WW AFRAIP yoURMOTHBt MARK.IM BANG** AWISm. MAW .ON HERB' HIM, -JHKAU- OFTHH... fORAPIVORCt. HAVING 2XT55 words
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Page 5 Advertisements
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Advertisement338 1989-11-15 5 THE DUTCH ARE GREAT AT MAKING LIFE'S SIMPLE LITTLE NECESSITIES, LIKE BEER, CHEESE, BREAD. HEINEKEN. EDAM. GUILDERS. DOLLARS. STERLING, YEN. MARKS There's something satisfyingly solid and Needless to say, this no-nonsense attitude symmetrical about the Dutch business-brain. to life extends perfectly to the world of money. You can almost follow338 words
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Page 6 Advertisements
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Advertisement177 1989-11-15 6 »feA "Confidence Creates Value In Long-term Relationships." Dmd Lwwm, M»ni«ng Dmcw As Managing Director at Richard Ellis, David Lawrence has set the local market. And whose record of outstanding achievements the policy "confidence creates value in long-term relationships". has shaped Singapore's property market for thirty years. Based on By consulting177 words
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Advertisement40 1989-11-15 6 The business person's choice e»ery Tuesday, IJ AAT 1 f I Thundby, Saunfay and Suwfay. Lo»wg Qianp Ucf If DUD 1 vJIN "r^CJI yon* rrtvri tgent or Air (_jn*U dt /32 #555 A BREATH OF FRESH AIR V3V Air Canada40 words
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Page 7 Advertisements
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Advertisement116 1989-11-15 7 Ww M j^H Bta Jfl ijjjF j^H jj .V;'-W* V r* 1* French wine. French food. French chic. There's our non-stop flight to Paris. Of course, there's But then, you'll be enjoying it all, on a larger so much to enjoy aboard the French airline, UTA, a down-side. You won't116 words
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Page 8 Advertisements
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Advertisement233 1989-11-15 8 The Ingenieur from IWC. The Ingenieur from IWC. It takes 222 individual parts to make the It takes 233 to make the world's smallest world's largest perpetual calendar watch. chronograph with cumulative timing. The world's smallest chronograph with cumulative timing does not stay far from the line established by its233 words
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FOCUS
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Article, Illustration1493 1989-11-15 9 MARVINE HOWE - One eastern European country which is seemingly untouched by changes in the region is Albania MARVINE HOWE of The New York Times reports on the politics of the isolationist, ultra-Marxist state. MARVINE HOWE NYT THE POLITICAL and economic changes sweeping through much ofNYT - 1,493 words
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Page 9 Advertisements
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Advertisement212 1989-11-15 9 Effective communication is the key to business success. i Let our specialists in the Business Communication Unit give you that competitive edge! WAJ Confidence in Speaking TH A course on correct pronunciation to help you II speak with confidence and poise. -JiA Dates: 30 November 1 Decent ber 1989 (9am212 words
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Advertisement132 1989-11-15 9 Now all our Epson Printers can print letters, reports and money $100,000 $100,000 $100,000 $100,000 r LI n $100,000 It's the Epson Print Win Draw Buy any Epson printer before 31 Jan 1990, you could win any of the following cash prizes: GRAND DRAW (14 Feb 1990) A Grand Prize132 words
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COMMODITIES
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373 1989-11-15 10 EXPORTS UP 30pc, REVENUE UP 2pc AFP, Reuter INDONESIAN coffee exports jumped by about 30 per cent in volume in the 1988-89 coffee year which ended last month but revenues rose by a mere 2 per cent because of fallingAFP,; Reuter - 373 words
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193 1989-11-15 10 AFP TIN FELL some US$3OO a tonne in London on Monday in the wake of a fall in Kuala Lumpur and a rise in stocks, to hit its lowest levels since June 1988 free market prices, analysts said. The current contract closedAFP - 193 words
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176 1989-11-15 10 Reuter PHILIPPINE coconut production is forecast to rtse to 2.17 million tonnes next year from an estimated 1989 output of 1.83 million and 1.62 million in 1988, the United Coconut Association of the Philippines (UCAP) said. UCAP, a confederation of various coconut trade groups, saidReuter - 176 words
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356 1989-11-15 10 Bernama EXPORTS of major timber products from Peninsular Malaysia roee 3.4 per cent in value to M 5251.4 million in July this year although the export volume fell 3.5 per cent to 376.256 cubic metres. The firm prices seen during the January-JulyBernama - 356 words
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118 1989-11-15 10 AFP BURMESE military authorities signed a Joint-venture contract with a US-based oil company on Monday, state-run Rangoon Radio said. The production-sharing contract would allow Unocal Corporation to explore and produce petroleum and natural gas in a designated area in Burma, the radio saidAFP - 118 words
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Article420 1989-11-15 10 HONGKONG: Qold closed higher yeeterday in moderate two-way trading boosted by US, Japanese and local demand and helped by an easier US dollar, dealers said. International gold hit a day high of U*****.50/304.00 before Swiss selling and local profit-taking emerged to depress prices in late trade. Sentiment remains420 words
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Article193 1989-11-15 12 ChllMM Product ExdlMIQt Srftn 1 nan doring prim on Nov 14 (SI/100 kg) Coconut oM M FOt 89.00 Old divm FOB 99.00 Now dram FOB 10X00 Copra Mlxad (Ioom) 5140 MNwi Poppar Munlofc ~tiif4 FOB NLW 445.00 Sara wall wMm FOB faq NLW ***** Sarawak tpodal Mack FOB NLW193 words
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Article555 1989-11-15 12 MALAYSIAN CRUDE PALM OIL FUTURES closed marginally easier on the Kuala Lumpur Commodity Exchange yesterday aa moat operators were aidelined awaiting the releaae ot production and stocks figuree today by the Palm Oil Registration and Licensing Authority. Dealers said the market opened higher in line with the 20-point555 words
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Article177 1989-11-15 12 SENTIMENT remained bearish on Sw Kuels Lumper Tin Merfcst (KLTM) yeeterdsy, with the price secuttve tfey to cleee 11 sen down et Mtlt.o4 a kg. The MM on Sw London Metal Each—go (LME) en Monday Had again aperfcsd 00 seMng Msrset In Knata Lumpur, May eaM. Offers were177 words
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Article155 1989-11-15 12 Telerate PRICES were little changed in the Singapore market of thin trade. Buyers were reported to be around $86 mt fob Sing. Sell indications were at fixed numbers of $08-09 mt or formula pricee of spot Sing Ave piue $1 mt. Overall market sentiment remained mixed.Telerate - 155 words
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Article254 1989-11-15 12 BMOAPORE: The rubber market closed firmer yesterday, with December 1 RSS buyers quoted st 168.75 cents a kg, up 2.75 cents from Mondsy's dose. Dealers said prices rose further in the sfternoon on soms short-covering snd specuistivs buying in response to firmer Jspsness markets. However, trsding wss thin due254 words
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Article337 1989-11-15 12 RAS prices m fob m noon aOK Bwyar* Sailor* Buyan S»l»n Int 1 tss Prompt 163.25 164.25N 165.75 166^5N tat 1 RSS Dac 166.25 168.75 169.25 tat 1 tSS ion 90 ***** 170.25 172.25 172.75 ln» 2 RSS Of 161-50 163J0N 163.00 165X0N In* 3 RSS Of337 words
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Article174 1989-11-15 12 Reuter CBOT soybean futures cloeed with modest gains on Monday. Late commission house buying lifted prices to near session highs at the cloee. Trading was light and price action sluggish most of the session. Floor sources said there was a lack of news on which to trade. Firm gainsReuter - 174 words
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Article215 1989-11-15 12 Reuter CBOT soft red winter wheat cloeed lower on Monday, with exporter Cargili a featured seller of March and July. CarglM'a selling, plus rumours that China cancelled previous purchasee of US soft red winter wheat, preesured wheat throughout much of the seesion, floor sources said. The rumours of China'sReuter - 215 words
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Article206 1989-11-15 12 London co* 1474/1473 Commodity 0405/1407) vwmiiiwwuy 1470/1471 Exchange (1479/1474) 1449 (1495) Buyor/SoHor dosing pricos Ton Soioti (7272) on Nov 13 (£/tonm union Tin (USi/toniM) •pocMod). Previous dosing 'w* pricos In parenthesis. (7125/7135) 3-mon#» 6890 6910 (7230/7225) Oasis In-store London, iellon ■jirtlmmii 4000(***** option OF London Ton*. Sota* (072)206 words
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Page 10 Advertisements
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Advertisement449 1989-11-15 10 GOOD IDEAS KEEP COMING UP We just broke all the rules in fax. SID F"NF H TCNE UCJC SHARP M-S33 r <J4) O o "2T I -M»' ♦>»t -'jell-U r&\' .w: •Jff-.MSi* A -H4* 4. :>«, VH? 3^£p| F0-220 Fax Phone TAC No J627-W-MX-26J i I Compact design 32 Auto449 words
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Advertisement76 1989-11-15 10 The Explore New Zealand as you please -tefcet# p aw ncui zeaiano y| r 1 135 Cecil Street. #<>4 01 h, LKN Building. Singapore 0I(K> TRAVEL TEL: *****01 nunajt i TA 475 piamcaps OFFICE SYSTEM Stylishly finished Aesthetic and practical PLANSCAPE from New Zealand Supert>ty designed for optimum use of76 words
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Page 10 Miscellaneous
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Miscellaneous30 1989-11-15 10 OLLAR$ and non$ens -a :i! .jf 11 I 11? 5 V-( ANk*Pf fiC •'Thanks, dear, but I won't be needing my rubber duck it's going to be a working bath."30 words
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Page 11 Advertisements
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Advertisement250 1989-11-15 11 Like All The Best Airlines We Check Our Passengers On Board. ■EMBMMBWB|MM ,w- im mmMk" *9? Hi w'-. vhl 3algt *pF' y -fjj|) r Bkaferr- >j^- 1-^ v iif f f t^ v iii ll |gj|||ffi|jli^|^Bß||B^PßHß^^K^^^^B^l^^l^^|Bß|^^^B I||P 'M A y^ i b» flr^ Ac alalia -,x-.. Ci frltaw i frkr250 words
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Page 12 Advertisements
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Advertisement106 1989-11-15 12 Mpr mam Zte Piaget. Don't show your hand. ap rT Showmmam! Service Centres: Singapore: The Shopping Galley at the Hilton #02-*****.181 Orchard Road mS ll\ L\ I YlAubl Smgeforeo92). Tel. *****55. Telex: RS ***** PIAGET Fax 7332/22 #01-01 W I XVJI 1J I SINGAPORE miTD The Maodam Singapore. 333 Orchard106 words
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Advertisement114 1989-11-15 12 A PRIME FREEHOLD COMMERCIAL INVESTMENT Hi IN ORCHARD ROAD AREA, MML M SINGAPORE H 111 ljp [Tl(i\rn/i\ri BDec.l9B9at3.oopm Superb location by Orchard Road/ f~y Tanglin Road junction. fIT /T 5-storey building on freehold site. Total net floor area of approximately 1,947 sq.m. (20,958 sq.ft.) U K K Zoned as "Main114 words
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Page 13 Advertisements
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Advertisement228 1989-11-15 13 mmmrn Ait ways to your flame for j SW§§s cognac marble or tortoise shell. $65 to $365. Nine elegant ways totdl time. Swiss-made watches with fine IcathjF^^ All MPH Bookstores Robinsons Crocodile straps and prease ETA quartz movement. $245 to $706. T^t/^ Paradise, and Dominion. MPH Bookstores, Crocodile Paradise an228 words
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MONEY AND EXCHANGES
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Article1162 1989-11-15 14 SMGAPORE: The dollar ended lower In directlonleee trading yesterday, with player* mainly focusing on mark/yen and mark/Swiss franc cross activity. dealers said. Players were mostly buying the mark and selling the yen, sterling and the Swiss franc throughout the day, they said. The mark/yen rate ended higher at1,162 words
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Article177 1989-11-15 14 Gold futures on November 13, 1969 100 toy outK USS par Iroy ounca optm M0i LM Ml Nn 391.00 +00 OK 39X00 ***** 391 JO 39X70 4.10 Job 90 395.10 +4J0 Fab 394.00 399J0 ***** 397 AO >00 Apr 40X00 430.00 401XX) 40X10 4J0 Jun 405-70 407JO177 words
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Article60 1989-11-15 14 THE overnight rate on the Singapore money market fell by 1/8 point to 5 7/16. Term rates were 1/16 point higher. C I L» mm —li o# Nweroor* roTft at th« dot* y*tt*rdayi orm M> 0— 3 7/1* 3 3/1* 1-M* 3 7/1* 3 S/l* 3-m* 3 7/1*60 words
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Article, Illustration169 1989-11-15 14 •Iwdlclii in wmi «t ■m prtM Mhig rates sf 11 iM|or banks In fpora Interbank market rates (offer/bid) on Nov 14 USS DM SWFC Y«n 7 *>T< l/a IS—14 7/1 1-7 7/1 7 l/J 7 3/» *3/14—1/1* I 8 9/1* 7/1* 1J 14 7/» 1/1* 7 IS/1*169 words
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Article644 1989-11-15 14 CURRENCY FUTURES OPTIONS IMM Monday, November 13, 1989 MUTItN POUND SIMM; OMk per t Mm Dw t J— e Hare DWf J— > Mar-f 1529 5.22 4.26 9.44 040 1.74 100 1990 3J0 4.10 aN 2J0 4.14 1979 tA4 110 2j00 4J2 iM 1400 a90 1.00 2-30 132 9.9*644 words
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Article551 1989-11-15 14 Reuter EURODOLLAR FUTURES closed mostly steady in quiet trading yesterday on short-covering and position adjustments ahead of last night's 1330 QMT release of US retail sales and industrial output figuree for October, dealers said. December Eurodollars eased to 91.67 from Chicago's 91.68, but March waa unchanged at 92.14. AroundReuter - 551 words
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Article225 1989-11-15 14 ASIAN DOLLAR deposit rates closed steady at opening levels after thin trading yesterday. Dealers said operators were largely sidelined ahead of laat night's release of US October retail salee and Induatrlal production data and the Treasury's 90-year bond auction. Overnight, week-fixed, one- and three-month ratee cloeed at225 words
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Article99 1989-11-15 14 Treasury bills Period Issue Yostorday's d. cuing Day's oodo Maturity BO < yrmi MGH LOW 3 marfm 8Q*****E 08.02.90 AAA 4.39 441 AJ36 6 momhi RS*****V 18.01.90 AAA 4J9 1 ytor BY*****Z 18.10.90 AJS7 4.32 Government notes and bondi Period •ssu# Maturity Coupon Yostordoy's dosing Day's oodo99 words
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Page 14 Advertisements
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Advertisement180 1989-11-15 14 TAe ouilook isl{os&. tlAe end of a fouoh doy. Ho prcgreft OA the contract Vzfla-fe), you pack" up your brietcQse.S,, Suddenly t/ie phone ff\e Vo t>irds tilled botf/etff^Ma feu^ PQrfntrjhf. outlook Ij definitely X°> e '-A CALDBECK, MACGREGOR (S) PTE LTD 450/452 Alexandra Road, *03-01/02 Inchcape House, Singapore 0511. Tel:180 words
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BANKING AND FINANCE
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270 1989-11-15 15 Reuter THE BANK OF KOREA has lowered its key rediscount rate to 7 per cent from 8 per cent, effective yesterday, deputy prime minister Cho Soon said. The government s top economic planner told a press conference that commercial banks would beReuter - 270 words
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Article303 1989-11-15 15 Reuter IMM CURRENCY futures closed mostly higher after a fairly calm session. Mark futures recovered from losses late last week when East Germany opened its borders to the West. West German immigration was viewed as a potential benefit to the economy, analysts said. "The market is reassessing the outlookReuter - 303 words
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317 1989-11-15 15 FT THE BANK OF ENGLAND is warning British banks that they could lose their licences if they fail to install and maintain systems to prevent money laundering, particularly drug-related laundering. The bank, stepping up its campaign against criminal use of the banking system, wroteFT - 317 words
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490 1989-11-15 15 Reuter JAPANESE BANKS are still refusing to lend to China, bankers say, pointing to the absence of Japanese participation in loans to two of the largest Chinese companies based in Hongkong. The first was a US$5O million loan to China Resources (Holdings), theReuter - 490 words
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242 1989-11-15 15 Bernama FOREIGN BANKS operating in Malaysia have a special role to play as a "window" to Malaysia by assisting in the country's drive to reach potential investors overseas. the chief executive of a Malaysian bank said yesterday. Being independent and havingBernama - 242 words
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Article, Illustration444 1989-11-15 15 SOH TIANG KENG - S-E ASIA FINANCIAL MARKETS AND INVESTMENT CONFERENCE By SOH TIANG KENG, Financial Correspondent THE PRESIDENT ol Overseas Union Bank. Mr Fock Slew Wah, yesterday urged Asean governments to show preferential treatment to home-grown Asean bsnks operating In this region. Indigenous Asean banks,444 words
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99 1989-11-15 15 THERE IS an urgent need to develop the securitiee markets in Asian developing countries, Akira Tauaaka, director (private sector development) of the Asian Development Bank, auggeated yesterday. Mr Tsusaka said the development of theee securitiee marketa was necessary to increase the pool of institutional99 words
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334 1989-11-15 15 A TOTAL OF 110 locale of the Singapore International Monetary Exchange have formed approved companies to enjoy the 10 per cent conceeeionary tax rate. This waa diectoeed yeeterday by the deputy chairman of Simex, Francis Yeo Teng Yang, at the334 words
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Page 15 Advertisements
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Advertisement222 1989-11-15 15 FOR SALE BY TENDER 1 MIDPOINT ORCHARD UNITS #05-01/02 OWN A PIECE OF 'GINZA' IN SINGAPORE PRIME FREEHOU) OFFICE FLOOR IN ORCHARD ROAD (wHfc possibility to convert to retail use) Unique chance to buy one whole floor of a building in Singapore's prime shopping/tourist district Orchard Rood If* Saleable Area222 words
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Advertisement172 1989-11-15 15 This winter, experience luxury and value at two fine hotels in Beijing. At Beijing's leading hotel, the Shangri-La, our special Winter Rates range from US$50* a nigjit (Standard) to US$75* (Deluxe). At the new Traders Hotel, opening in December, enjoy a prime location (within the China World Trade Center) at172 words
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PERSPECTIVE
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Article468 1989-11-15 16 BUSINESSTIMES WEDNESDAY, NOVEMBER 15, 1989 SINGAPORE decided more than two decades ago that if its financial sector was to grow, it would have to depend on international demand. Rather than lament the limits of a small domestic market, Singapore made the world its market. Foreign468 words
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Article, Illustration1176 1989-11-15 16 The Tokyo stockmarket has lagged behind its rivals for most of this year. And its prospects do not look too good, The Economist magazine says, as currency and domestic economic factors are expected to weigh heavy on the market. TOKYO'S STOCKMARKET hasSource: Datastream - 1,176 words
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Article, Illustration691 1989-11-15 17 CAR ADVERTISING NYT CAR ADVERTISING may never be the seme again. The standard commercials for cars used to be straightforward, if not stodgy, prssentations of cars shown from every conceivsble angle while an announcer ticked off a long list of technicalNYT - 691 words
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Article, Illustration798 1989-11-15 17 CLYDE H FARNSWORTH - TRADE DISPUTES After years of unilaterally resolving its trade disputes with other countries, the US is finally beginning to accept Gatt decisions. CLYDE H FARNSWORTH explains why the world's largest market is changing its mind. CLYDE H FARNSWORTH MYT THE United Statee is movingMYT - 798 words
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586 1989-11-15 17 JAPANESE REAL ESTATE AP AMERICAN COMPANIES hoping to buy a piece of Japan through real estate inveetment or corporate acquiaitiona face tremendous obstacles, but it can be done, analysts in Tokyo say. Vacancy ratee below 0.5 per cent and land pricee upAP - 586 words
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Page 16 Advertisements
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Advertisement233 1989-11-15 16 The power of vision. Hexagon -w <4. •S i' cV iI W s* TOwl M m '.T I m ar r. m Tf"-: SBM i_- s •V £> -jl V ■■< J *1 L.- >*: W: •"•J Information is the most valuable currency in the money market. But it keeps233 words
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Page 16 Miscellaneous
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Miscellaneous32 1989-11-15 16 The Time TWis ibTHenomeNT.. ceßemowy of c V FfcGJfcPiNG TO GO r rfc-0.. J r—.. (Qoi A v tne Tine rve £££N LOOKING IVtMMO rr«o«o CO. ITO, To PMJ- Opt/. SE-tfi- 9o32 words
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Page 17 Advertisements
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Advertisement69 1989-11-15 17 t*J|L e International Food Industry Show Match 12-16, 1990 Fresh ideas, new innovations. Organizer: Sponsor: £!bs CWIN4 EXTERNAL HMDE WEI M 9 COUNCIL 3v£v7 IR X CENTER Mf JV Venue: TWTC EXHIBITION HALL 5 Hsinyi Road, Section 5, Taipei *****, Taiwan. W Republic of China Tel: (02)725-1111 Fax: 886-2-. 25-131469 words
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Advertisement263 1989-11-15 17 r Sp^lLjfi■?if-; 1 \9^BS 4 v -1^ wfljas- mw A "*«UL 0 jsvn I UJ __5B MIR WfO a* If your business is toys and names, agister rvow and he at the new Hong Kong Convention and Exhibition Centre from January 10-13, 1990, for the Hong Korg International Toys and263 words
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LIFESTYLE
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Article, Illustration812 1989-11-15 18 HENRY LOUIS GATES Jr - TELEVISION a* HENRY LOUIS GATES Jr THERE IS a TELLING moment in the 1986 film Soul Man when a young man explains to a friend why he has decided to down a bottle of tanning pills and turn himself black. The friend is sceptical: What's it812 words
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Article800 1989-11-15 19 NYT One principal reason for the failure of Flip Wilson's Charlie A Company was the ambiguity of his class status; Wilson's character, Charlie Richmond, was an office worker at the Department of Highways, his wife (Gladys Knight) a schoolteacher. Wilson once joked, acidly, that he wasNYT - 800 words
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SHORT TAKES
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97 1989-11-15 19 A MONTH after the Soviet Union was swept by tales of visitors froth outer space. Hungarians have started seeing unidentified flying objects (UFOs) and little green men. Air force pilots in southern Kecskemet were followed during training flights late last month by a97 words
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Article112 1989-11-15 19 DECAFFEINATED coffee but not the caffeinated variety has been found to raise cholesterol levels in humans, Stanford University researchers said on Monday. Scientists at the Stanford Centre for Research in Disease Prevention said a study of 180 middleaged men found that those who drank decaffeinated coffee112 words
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Article144 1989-11-15 19 THE LEFT is giving way to the right in the Japanese car business, that is. A majority of Japan's car industry officials is coming to believe that imported cars should have steering wheels on the right-hand side. Industry officials assert that Japanese drivers now prefer foreign144 words
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Article95 1989-11-15 19 ALTHOUGH Martina Navratilova, once a tempestuous tennis machine on and off the court, has waited until the age of 33 to do it, she has finally, and gladly, branched out. Fashion, football, politics, conservation: no subject escapes her interest or ready opinion. Co-designer of her own line95 words
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Article122 1989-11-15 19 Agencies PABLO PICASSO'S painting Pierrette's Wedding, a blurred depiction in shades of blue of a Harlequin and others seated around a table, is to be sold at auction in Paris on Nov 30. Pierrette's Wedding, which dates from 1904 or 1905, is to be offered atAgencies - 122 words
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Page 18 Advertisements
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Advertisement349 1989-11-15 18 Europe's no. i Bottled Beer Where to entertain. Classics of Quangzfiou NOVEMBER 6-19 "A good life is to be born in Suzhou, live in Hangzhou and eat in Guangzhou", so goes a well-known Chinese idiom. The Westin Plaza has brought in 3 master chefs from Guangzhou's renowned White Swan Hotel349 words
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Advertisement181 1989-11-15 18 MIDI-ACT presents the collection of oldies to contemporaries nightly from 8.30pm l CXJN0F FlIMG GOUKT HOT6L No. 1 Tanglin Road Singapore 1024 Tel *****33 Dine under the stars j?jZooL*of 0f y Enjoy Steamboat under the ,v\ stars at only $10.80 per person (minimum two persons) A t < variety of181 words
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Advertisement244 1989-11-15 18 CALIFORNIAN CUISINE 9-19 November 1989 Fresh. Hght and creative cuisine. Californtanstyte. prepared by award-winnrng chef Michel Richard of Citrus Restaurant.* LA. Innovative dishes that delight the eye and excite the palate 'voted 'Best Mew Restaurant n Amenco' rt 1988 A complimentary glass of wine to all Diners Club cardmembers who244 words
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Advertisement220 1989-11-15 18 $14.50++ (Lunch) 9.00 (Lunch) $15.50++ (Dinner) $10.00++(Dinner) Cafe Plaza Plaza Hotel SING APO»t WARM •COlOUHFUl "INVITING Hrvtiknat Sin*aporr07l91N 2tMKUII 8 a. The amazing quintet, with an amazing name. They'll surely entertain you with their oldies of 60s&70's, country western, sentimental nits and not forgetting the pops. Happy Hours: 5pm 8pm220 words
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Advertisement283 1989-11-15 18 I f tthekSSRES" I A I! |5| TOIMDFjHEM I We've decided to take French cuisine to new heights. I Just for November, The Belvedere ascends to the Top I of the M, bringing along with it over 60 choice French I faivurites. At that height, it's certainly lunch with a283 words
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Page 19 Advertisements
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Advertisement279 1989-11-15 19 I Businessman's I Lunch Is I In The Park. I The biuinejjman 's lunch at Hubert us Grill Ij offer a you the opportunity to dine in the relaxing H ambience of a hunter s lodge and to enjoy a dump- H tuous spread of appetizers, soups, salads, fruit and279 words
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Advertisement30 1989-11-15 19 Enjoy Europe's Favourite Beer. A beer cooler is yours with every purchase of six cans of Kronenbourg beer at all participating supermarkets. lH I N Europe's No. 1 Bottled Beer.30 words
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Page 19 Miscellaneous
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Miscellaneous541 1989-11-15 19 CRYPTIC PUZZLE QLQLI LHEipE^ 7 M 8 M 19 No extinct creaturel (5) I—J—l—l— _-JH— I—l LJ 20 President and master in turn, possibly (6) 22 This is it (4) that's not lowering (5) 23 Posture (6) 24 An agreement of yes- 26 Manage to catch the 25 Rings (5)541 words
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Miscellaneous1313 1989-11-15 19 TV and RADIO Cambodian 'glue' question POINTS OF VIEW, 9.30pm, SBC 5 This new current affairs series com- 'Wt prises eight forums on topical is- A sues, the first one tonight being Asean after Cembodie". Often said -IMP to be the glue of Asean unity, what implications would the resolution1,313 words
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SPORTS
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Article, Illustration437 1989-11-15 20 BOXING AP THREE-TIME world boxing chamSJeff Fenech is adding new ton to hia arsanal finesse aa ha begins hia bid to become recogniaed aa one of the gfoltteet fighters of all time. Henoch la unbeaten in 23 profy&ional fights and haa held the InternationalAP - 437 words
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205 1989-11-15 20 BRIDGE THE NATIONAL University of Singapore (NUSS) A Team blitzed the Chinese Swimming Club in the final of the 1989 Inter-Club Bridge League at the NUSS Guild House last Saturday. The Chinese Swimming Club started the final round tied for the lead but after205 words
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178 1989-11-15 20 BASKETBALL AP KARL MALONE had 33 points and 16 rebounds and John Stockton added 30 points and 16 assists, leading the Utah Jazx to a 106-03 victory over the Washington Bullets on Monday night. The Jazz led 50-44 at half-time but took control with aAP - 178 words
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Article, Illustration347 1989-11-15 20 TENNIS AP FIFTEEN-YEAR-OLD Monica Seles of Yugoslavia needed only 49 minutes to crush Conchita Martinez of Spain 6-0, 6-1 in the opening match of the Virginia Slims Championships tennis tournament in New York yesterday. Defending champion Gabriel* Sabatini of Argentina struggled a bit, but was never reallyAP - 347 words
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186 1989-11-15 20 ATHLETICS AFP CHINA'S stranglehold on the Asian athletics scene is unlikely to be broken during the eighth biennial Asian Track and Field Meet which opens in New Delhi tomorrow Chinese athletes topped the medal tally in Jakarta in 1985 and Singapore in 1967 andAFP - 186 words
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Page 20 Advertisements
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Advertisement127 1989-11-15 20 We congratulate Jiji Press on the first anniversary of MAIN. ■V/W -f 7 7 *t f YU-9 (MAIN) ttftlZHkP n-9 x~t 0 MA I N[tttz. ti Singapore Telecom, KDD and NTT are proud to have helped made MAIN possible. Multi-Access Information Network (MAIN) is a financial information network that provides127 words
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COMPANIES & STOCK MARKETS
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Article, Illustration723 1989-11-15 21 mt HOCK LOCK SIEW AT THE END of last month, Kian Choon Investments, the owners of the Octagon Building, put up an $8 million banker's guarantee with the High Court This ensures that the interlocutory Injunction restraining the sale of the OctagonHOCK LOCK SIEW - 723 words
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119 1989-11-15 21 Bernama TALAM CORPORATION BHD is considering a financial reconstruction scheme to reduce the group's current borrowings and total interest cost. Chairman Tan Sri Rozhan Kuntom said in the company's 1969 annual report that the scheme is also essential to strengthen the group's financial positionBernama - 119 words
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261 1989-11-15 21 GUTHRIE GTS's first major foray into the Malaysisn property market has turned sour with the owner of Shahzan Tower opting out of its deal to sell the building for Mslso million. An announcement made by Wardley Ltd on behalf of Guthrie261 words
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166 1989-11-15 21 JURONQ Cement Ltd, benefiting from the strong demand for building materials, has turned around at half-time with an after--tax profit of $1.45 million. This compares with a loss of $1.29 million in the previous corresponding period. Cement prices have been pushed up four166 words
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Article, Illustration546 1989-11-15 21 ROSIE TAN - By ROSIE TAN HONGKONG-LISTED IMC Holdings, the shipping flagahip of tycoon Frank Tsao, has been given in-principte approval to list its shares on the Stock Exchange of Singapore, the aecond foreign company to join the propoeed market for foreign securities in Singapore.546 words
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360 1989-11-15 21 SESDAQ-LISTED yacht builder QB Holdings Ltd is poised for record performance in its seventh consecutive year having just chalked up a 40 per cent increase in group after-tax profits to $6.18 million at half-time. Salee at the group level improved by360 words
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500 1989-11-15 21 FENDING OFF calls from shareholders for a larger dividend payout Rothmans of Pall Mall (M) Bhd (RPM)'s managing director Datuk Gerald Vessey says "the group is keen" to invest its cash holding which is approaching the Ms2oo million mark. In its search for500 words
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SES
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Article, Illustration1098 1989-11-15 22 ABDUL HADHI - by ABDUL HADHI SHARE PRICES on the Singapore market closed lower in light volume yesterday. Slight profit-taking pushed the Straits times Industrials Index lower by 3.19 points to 1.333.25, while the Business Times Composite Index declined 1.44 points to 1,201*25. Dealers complained1,098 words
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Article301 1989-11-15 22 Manages* prices for Nov 15 m H Royal Trust Asset Mgt rr S pof• Gf Fund 081' 0*7* IT Asia-toe Gf fund 1.075 M36 Singapore Unit Trust The Comjlrc* 1.17 124 Th# Saving Fund 1.00 1.06 S pore PrS Fund 045 049 S'por# Sep* Fund 074 079 S'porn301 words
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Article49 1989-11-15 22 BATU KAWAN BERHAO: EQM at the Company, Wisma Taiko, No. 1, Jalan S.P Seenivasagam. ***** Ipoh, Perak, Malaysia, on Saturday, Nov 18. at 12.15pm QLENEALY PLANTATIONS (MALAYSIA) BERHADThirtieth AQM at Wisma Taiko, No 1 Jalan S.P Seenivaaagam, Ipoh, Perak. Malaysia, on Saturday, Nov 18, at 9.00 am49 words
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Article6233 1989-11-15 22 .'I.. Qr'a Qr's 1 89 T *l Laat Vol Day Last Quota Dlv Dlv Y'M Net M Cap High Low Codo Company Sale oc- ('000) High Low Buyar Satlar C'w P/E Smll MOV 14 m SESDAQ n 358 u 120 t 4000 Amtek Eng 20* 352 call6,233 words
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KLSE
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Article, Illustration3558 1989-11-15 23 DABBLERS remained in an indecisive mood and share prices ware dealt mixed again at the Kuala Lumpur stock market yeeterday. It initially appeared that the market waa headed for higher levela but followth rough support waa lacking and share prices fell back to cioee mixed for the3,558 words
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REGIONAL MARKETS
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226 1989-11-15 24 FT THE ADELAIDE Steamship Co Ltd, its 20 per cent-owned Tooth and Co Ltd and 49 per cent-owned David Jones Ltd are making a bid of A 52.25 a share for Industrial Equity Ltd. The bid, which values diversified industrial group lEL atFT - 226 words
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Article, Illustration624 1989-11-15 24 Tokyo Reuter THE KEY Nikkei gained slightly to reach s rscord closing high in sctivs trsds ysstsrdsy, but prices generally Buffered from inertia and remained glued to s narrow trading rsngs. Brokers said machinery, metal snd steel stocks held firm but with few obvious incentivss. Ths 225-shsrsReuter - 624 words
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Article, Illustration500 1989-11-15 24 Australia Reuter A FURTHER rise in the price of gold and a A 51.74 billion bid for lEL by a group of companies controlled by Adsteam injected buying interest into an otherwise listless Australian share market yesterday. The All Ordinaries Index closed 0.2 point up at 1.634.6.Reuter - 500 words
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Article, Illustration1258 1989-11-15 24 Hongkong LIGHT local buying focusing on second and third liners nudged Hongkong's Hang Seng index up 13.25 points to close at 2,779.58 in lacklustre trade yesterday. "There's a general lack of corporate news. Let's hope the American (October) retail sales figures provide a boost to1,258 words
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Article394 1989-11-15 24 Reuter TAIWAN share prices shot higher across the board yesterday as optimistic investors flooded the market with buy orders after Monday's one-day holiday, dealers said. The weighted index gained 247.18 points, or 2.35 per cent, to end at 10,499.58 compared with Saturday's 10,252.40 close. Turnover wasReuter - 394 words
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Article135 1989-11-15 24 Reuter PHILIPPINE shares closed mixed yesterday, but the general positive sentiment sent the Manila composite index to a new record high of 1,392.87 points. Brokers traced the market's overall bullishness to the improved domestic economy, but said the recent surge was caused mostly by positioning.Reuter - 135 words
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Article126 1989-11-15 24 Reuter NEW ZEALAND shares ended firmer on low turnover in lacklustre trade yesterday, with the Barclays Index finishing 6.86 points higher at 2,065.47. One broker expected continued steadiness today as the effects of an Australian bid by Adelaide Steamship, Tooths and David Jones for lEL filteredReuter - 126 words
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Article327 1989-11-15 24 Reuter SEOUL stocks fell sharply yesterday as individuals reacted with disappointment over the details of a financial package released officially at midday. The Composite Index shed 15.72 points to close at 909.60 in moderate trade. Falls led rises 706 to 138 with 100 unchanged. Investors beganReuter - 327 words
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Article261 1989-11-15 24 Reuter THAI stocks finished mixed in an active session yesterday after early gains in the construction sector were trimmed by profit-taking in the second half. The SET Index gained 0.75 point to close at 740.75. Advances led declines 84 to 52. Most active were Padaeng Indus-Reuter - 261 words
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WORLD MARKETS
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Article, Illustration859 1989-11-15 25 New York Reuter US STOCKS cloeed narrowly higher on Monday in a seesaw day of moderate trading that was stimulated by renewed intereet in takeover stocks but overshadowed by continuing concerns about lower corporate earnings. The Dow Jones Industrial Average cloeed up 0.82 at 2,626.43, withReuter - 859 words
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Article, Illustration802 1989-11-15 25 London Reuter EQUITIES on the London market opened mostly lower yesterday in relatively quiet trading as the market digested a batch of results from some of Britain's largest companies. Dealers said a clearer picture on the effect of high UK interest rates should emerge over theReuter - 802 words
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Article1343 1989-11-15 25 Reuter AMSTERDAM: Dutch share prices were sfightiy easier in quiet trade at midaeesion yesterday with Unilever bucking the trend by putting on 1.20 guilders to 149.00. Some investors thought Unilever undervalued, particularly in the light of its 15 pet rise in third quarter profits announced last Friday.Reuter - 1,343 words
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276 1989-11-15 25 FT THE SINGER COMPANY, the former manufacturer of sewing machines which was for many decades one of the bestknown American businesses around the world, has filed for protection under Chapter 11 of the US bankruptcy code. The bankruptcy was a delayed reaction toFT - 276 words
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349 1989-11-15 25 FT MEGGITT is prepared to reduce its £104 million takeover offer for United Scientific Holdings (USH) even though it now speaks for 81.49 per cent of the defence contractor's ordinary shares. USH shares fell sharply on Monday as Meggitt announced that itFT - 349 words
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Article, Illustration329 1989-11-15 25 Reuter EXXON CORP Chairman Lawrence Rawl said the company will have capital spending of about US$7 billion in 1990. roughly equal to spending in 1989 excluding its acquisition of Texaco Inc unit Texaco Canada. "In 1990, we will be about what we would have beenReuter - 329 words
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Page 21 Advertisements
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Advertisement285 1989-11-15 21 ORCHARD ROAD AREA (OUTSIDE CBD) AVAILABLE FOR SHORT OR LONG TERM RENTAL. EACH OFFICE FULLY EQUIPPED WITH COMPETENT SECRETARIAL BACKUP, COMPUTERS, TELEX FAX. IMMEDIATE OCCUPANCY. f HONE 732-1880 FOR DETAILS. THE BIGGEST EVER BUYING OPPORTUNITY WITH THE BEST OF ASEAN UNDER ONE ROOF KHN raWITWU SHOW 'N IN CONJUNCTION WITH285 words
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Advertisement323 1989-11-15 21 M Classic and revolutionary timepiece JL oa i ll BREITUNG HAS LEFT ITS MARK ON LAND. SEA AND AIR. m^jA 4/ BreltHng watchmakers, masters on land, air and f sea. have designed the Breltling Chronomat to 5-'{m rB? j reach depths ***** metres Totally reliable with selfwinding chronograph. 12 VlaiHßHn'323 words
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Page 22 Advertisements
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Advertisement11 1989-11-15 22 WM 111 I HP the computers ULUI||IIb behindSES. DEVlllllr m PACKARD <»«•11 words
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Page 23 Advertisements
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Advertisement12 1989-11-15 23 SES sets ahead H I HI with HP computers. H H Easr^MilEMlr12 words
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Page 24 Advertisements
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Advertisement816 1989-11-15 24 NOTICES ST. MELLION PARK A unique en bloc investment opportunity on one of Europe's finest golf courses. .f, jsraA&k* w St. Melbon Park, near Ply-mouth, in England's^i^&^ beautiful West Country, is a unique development of magnificent country houses right on the edge of a > JT* world-class course designed by816 words
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Advertisement597 1989-11-15 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OAK INDUSTRIES SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the Final Meeting of the abovenamed Company will be held at Deloltte597 words
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Page 25 Advertisements
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Advertisement15 1989-11-15 25 I iSKKwS |F offers lb the most EPF current list o/ job BP opportune* 1115 words
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Advertisement257 1989-11-15 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 ANO IN THE MATTER OF WAKACHIKU CONSTRUCTION (S) PTE LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the above company held at 10 Anson Road. #28-01 International Plaza Singapore 0207 on 12.11 89 the following resolutions were duly257 words
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Advertisement466 1989-11-15 25 Seminar on Corporate World, the Next Decade Dates: November 20th 21st Singapore. November 23rd, 24th Kuala Lumpur Venue: Singapore Mandarin Singapore Kuala Lumpur Kuala Lumpur Hilton Time 8.00 am to 6.00 pm Sponsor: Corporate World Magazine, Kroll Associates Inc. USA Seminar Content: 1) Due Diligence Analysis The Bankers Insurance 2)466 words
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304 1989-11-15 26 DR RICHARD HU's SPEECH THE FOCUS OF economic growth in the Asia-Pacific region has shifted from Japan and the four newly-industrialising economies (NIEs) to Indonesia, Malaysia, the Philippines and Thailand, according to Finance Minister Dr Richard Hu. In his keynote address at the304 words
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100 1989-11-15 26 AFP REAL ESTATE TYCOON Donald Trump attacked Japan, South Korea and West Germany, declaring in a speech to airline executives that the US allies were "ripping off" America. "If we get any kinder or gentler, we won't have any America left," Mr Trump saidAFP - 100 words
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346 1989-11-15 26 AP TRADE MINISTERS of four major economic powers yesterday ended two days of talks in Hakone, Japan, calling for improved enforcement of free trade rulee under the General Agreement on Tariffs and Trade. While differences in views of the US.AP - 346 words
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265 1989-11-15 26 AFP THE SOVIET UNION and fellow members of the Warsaw Pact regard current changs in Eastern Europe as "normal" and no causa for "rsactiona of fear or even lass, of panic". Soviet Forsign Ministsr Eduard Shevardnadze said in Moscow yesterday. He told sn impromptuAFP - 265 words
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443 1989-11-15 26 FOO CHOY PENG - FOREIGNERS' MANUFACTURING INVESTMENT UP 24pc By FOO CHOY PENG Hongkong Correspondent OVERSEAS INVESTMENT In Hongkong's manufacturing industries grow by 24 par cant to HK$26 billion laat yaar. according to a govammant survey report reieaaed yaaterday. But political uncertainty following June 4, whan Beijing443 words
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118 1989-11-15 26 Reuter WEST GERMANY and Poland yesterday declared all European borders inviolabla and bacfcad the territorial integrity of all stataa in the continent. A joint declaration signed by Weet German Chancellor Helmut Kohl and Pollah Prima Minister Tadauaz Mazowieckl aald that eecure frontiers ware aReuter - 118 words
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133 1989-11-15 26 AFP BRITAIN has givan a secret promise to Beijing that it will make no major changee to Hongkong's political aystem before tha colony ie handed over to Chineae sovereignty in 1907, Thm Guardian nawapapar aald in London yeeterday, quoting "reliable eourcea". Tha Hongkong government officeAFP - 133 words
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Article84 1989-11-15 26 Reuter COMEX GOLD FUTURES slipped in slow early trading yeeterday after a brief opening rise was cut short by scattered commission house sailing. Traders said gold was bullish st the open and looked to the soaring platinum market to lead the way. Platinum, however, did not have theReuter - 84 words
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LATE FILE
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Article69 1989-11-15 26 Reuter THE AUDITOR of entrepreneur Alen Bond's flsgship company has cast doubt on whether the brewing, media and property empire will survive its debt crisis. "There is some doubt that Bond Corp and the Bond Corp group will be able to continue as a goingReuter - 69 words
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Article31 1989-11-15 26 Reuter CHINA said yesterday that 18,000 construction projects •cross the country hed been suspended this year under a tough austerity programme, saving mors than US$lB billion. ReuterReuter - 31 words
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Article30 1989-11-15 26 Bernama THE PRICE of tin on the Kuala Lumpur tin market fell 18 cents to M$ 18.04 a kg yeelsrday, Its lowest in 18 months.Bernama - 30 words
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Article30 1989-11-15 26 AFP RETAIL SALES in the US fell on* per cent in October following a 0.5 per cent hike in September, the Commerce Department reported yeeterdey. AFPAFP - 30 words
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Article38 1989-11-15 26 Bernama MALAYBIA la aetting Us eyea on upmarket tourist* in ita oversee# promotions. COtture and Touriam Miniater Datuk Sabbaruddin Chik said yesterday that the targeted group includes business travellers, conventioneers snd incentive group travellers.Bernama - 38 words
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Article30 1989-11-15 26 AFP NAMIBIA'S erstwhile guerilla movement SWAPO surged 16 victory yestoiday in the preindependence eiectk)na with a deciaive swell of support from its stronghold in Ovamboiand. AFPAFP - 30 words
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Page 26 Advertisements
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Advertisement477 1989-11-15 26 AEROLEASING FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324> 733 5334 Europe's No. 1 air-taxi operator Is now offering Its services from Singapore; corporate travel, leisure, medlvac and diplomatic flights; trading, leasing, financing and management of business Jets. 20 Kramat477 words
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Advertisement15 1989-11-15 26 of ban on toca/content requirements, PAGE I Qorbactov aido calls lor tough moMuroo, PAQE 415 words
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Advertisement163 1989-11-15 26 The eitver report wee not AUAIIAkU •VIIMKNf M pr*M omi REDISCOVER THE ART OF OPEN-FIRE CUISINE. THE OKIE NTAl SINGAPORE Open-firc cooking is a skill that has been all but lost to modern man. But at Fourchettes Grillroom, in The Oriental, Singapore, our chefs still practice this an carefully grilling163 words
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SHIPPING TIMES
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PORTSIDES
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Article67 1989-11-15 27 Reuter THE US is considering new sanctions against Panama, including banning entry of Panamanian ships to American ports, US officials said in Washington. Secretary of State James Baker has stressed US determination to maintain pressure on Panamanian strongman Manuel Antonio Noriega in an effort toReuter - 67 words
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Article117 1989-11-15 27 THE THAI government has decided to allow the import of 5.4 million tons of cement over the next two years to ease the shortage in supply in the near future. The cement shortage In Thailand is expected to be alleviated in 1992 when expansion projects in117 words
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Article75 1989-11-15 27 Reuter MAYNE NICKLESS LTD's first quarter results were up, following the trend of increasing profits established over the last five years, chairman Bruce Redpath said. The transport and security group lifted profit for the 1988/89 year ended July 2 by 34 per cent to AReuter - 75 words
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98 1989-11-15 27 AP JAKARTA POLICE are questioning an unidentified captain of a ship that carried chemicals believed to have contaminated cookies and caused dozens of deaths last month, the Jakarta Police Command said on Monday. Police believe the vessel, which arrived in Jakarta last Wednesday, was loaded lastAP - 98 words
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74 1989-11-15 27 Reuter THE MALTESE motor bulk carrier Adel, 34,792 dwt, is subject to a court order initiated by agents of one of the vessels the ship damaged after dragging its anchor in Chittagong's outer anchorage Nov 3, Lloyd's Shipping Intelligence said in London. The agent isReuter - 74 words
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Article144 1989-11-15 27 Reuter A US DRILLING SHIP that capsized in a typhoon in the Gulf of Thailand, killing more than 90 people, will be sunk off the resort island of Koh Samui to become a breeding ground for coral. "There is no economic value in salvaging it.Reuter - 144 words
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Article1190 1989-11-15 27 Poge Column AJC Contoinartine Thirteen 5 Accord Shpg Tm 3/4 Albatro. SeaAir Seven S Alfred C Toepter Fourteen 5 Ahrenttel liner Fiftein AfC Urn Seven 5 Afl Five 3-5 A#S rNrtm 3 Archnnedes Shpg T 3 A/row lines Thirteen 5 Asian Express So 2/3 A c Warehousing Fourteen S1,190 words
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392 1989-11-15 27 YUSMAN NAWAZIR - By YUSMAN NAWAZIR MALAYAN RAILWAYS, or Keretapi Tanah Melayu (KTM). will sat up a subsidiary company if approval Is given to operate a road haulage service, says general manager Datuk Sulaiman Hashim. The formation of the new company will tie in with392 words
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Article, Illustration398 1989-11-15 27 JEAN FOONG - By JEAN FOONG NORTH QUEENSLAND-based C B Marine Engineering will team up with Singapore stevedoring company Kimtrans Shipping to ship project cargoes to Indonesia and Papua New Guinea (PNG). The tie-up will put an end to an earlier arrangement between C B Marine and its398 words
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403 1989-11-15 27 FT SEA CONTAINERS has lined up Genstar Containers Corporation, the world's largest container rental group, to buy its fleet of standard dry cargo containers and chassis for nearly US$4OO million. US snalysts said the announcement on Monday lent some credibility to Sea Containers' plansFT - 403 words
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325 1989-11-15 27 SHIPPING LINES in Hongkong are concerned that the colony's unclear tax rulee on shipping profits may hinder the competitive poeition of its new shipping register. The South China Morning Post quoted Mr Stephen Pen, vice-chair-man of World-Wide Shipping Agency, aa saying that "other325 words
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Article, Illustration1401 1989-11-15 28 Fairplay ON A VISIT to the World Maritime University last year, people were still talking about the lady gradua;e from Panama. Once met, she is not easily forgotten. Now Olga Bosquez is going to need all the presenceFairplay - 1,401 words
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422 1989-11-15 28 UK-BASED COCKETT Marine Oil has launched a new computer package to help shipowners, brokers and charterers calculate their voyage operating costs faster and more accurately than can be done manually. The Cockett Voyage Estimator will help determine the422 words
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Article816 1989-11-15 28 AFP AFTER their dramatic rise in October, freight rates levelled off over the past week, due to a slowdown in chartering of Panamax vessels (50,000-70,000 tonners, capable of navigating the Panama canal), brokers said. The Baltic International Freight Futures (Biffex) index gained only three points on the weekAFP - 816 words
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198 1989-11-15 28 LLOYD S REGISTER will class the first ship orders received by the Harland and Wolff shipyard under its new ownership. The orders for three 135,000 dwt Suezmax crude oil carriers have been placed by Fred Olsen interests, which have198 words
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105 1989-11-15 28 AP THE US GOVERNMENT is suing the owners of a Greek freighter that ran aground on a fragile coral reef in the Florida Keys, blaming negligence for the third such grounding in less than three weeks. The US Attorney's office filedAP - 105 words
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Article1750 1989-11-15 28 AT CONVENTIONAL WHARVES a*-,-. is. 1/2300 W.wvo 1 013V MSB etongside 1111/0100 M BotoeMoiu *****9 M2A 1111/1300 I4.II/OSQ0 VmmI Berth Airhml Daparha* bnotoFueo vii/w mic u.ii/moo 14.11/2aoo Ho«o Soon 0037 M2B 1411/ IT® IS.II/ 1300 ITllMlll WinnII MafcJoyo II0«» MIC 1111/0800 1411/0300 K OS alooaud* It 11/1,750 words
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Article1010 1989-11-15 29 SOME FREIGHT rate easiness was noted for grain loaders out of the US on Monday after the recent quiet spell of chartering and resulted in a six point drop in the Baltic Freight Index to 1,650. Brokers said heavy grain was covered from the US Gulf to Hamburg1,010 words
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10738 1989-11-15 34 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.10,738 words
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Article2734 1989-11-15 41 Who acts for whom A B Accord Shpg Accord Shpg Pte Ltd (S)/Accord Contr Line (M) Sdn Bhd (PK)/Accord Contr Lino (PQ) Sdn Bhd (PN). ABC Containerize NV KYC Line (S)/Renown Shpg (PK/PN). Ahrenklel Liner Kim Shpg Trdg (S). Aibatros Sea-Air Service Frata Shpg Pte Ltd (S). Alfred C Toepfer2,734 words
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Article, Illustration410 1989-11-15 42 RAHITA ELIAS - By RAHITA ELIAS SALVINDO Towage and Salvage is expanding its operations but will keep its outfit "trim" at the same time, says general manager Mr Halim Noor. The company recently bought two tugboats, the 1969-built Perkaaa acquired in May and the 1982-built Perwira410 words
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222 1989-11-15 42 AFP JAPANESE shipping companies are to shift some of their Pana-ma-flagged ships to Liberia or another low-tax country, following the US government's announcement that it may ban Panama ships from January, industry sources said in Tokyo. The Japanese shipping industry currently ownsAFP - 222 words
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247 1989-11-15 42 Reuter CHEVRON CORP's CHV capital spending in 1990 will be even with to slightly higher than in 1989, company chairman Kenneth Derr said. He estimated Chevron s capital spending would total about US$4.2 billion in 1989. Mr Derr, attending the American PetroleumReuter - 247 words
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Article139 1989-11-15 42 Reuter A BRAZILIAN ship is returning to Belgium with s cargo of barley contaminated when containers of chemicals spilled in the hold during a storm at sea. A spokeswoman for the Alianca Shipping Line said the ship, called Maringa, was calling at several Brazilian portsReuter - 139 words
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103 1989-11-15 42 SHIPBUILDERS in Japan could be producing nine million gross tons in newbuildings a year by the middle of the *****, says Seiji Nagatsuka from the Japan Maritime Research Institute. A report in Sea trade Week adds that while this figure includes103 words
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366 1989-11-15 42 AL O LABITA Jr - By AL O LABITA Jr BUSINESS IS BRISK for the Philippines's shiprepair Industry. In its report, the Philippine Shipbuilders and Repairers Association (Philsar) says it has posted an almost 100 per cent rise this year in its ship repair accounts and attributed this to the366 words
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303 1989-11-15 42 JULIE CHATTERJEE - By JULIE CHATTERJEE, Writing for Shipping Times from Bombay VD CHOWGULE. chairman of the Chowgule group of companies, said setting up joint ventures and registering bare boat charter vessels as national flag carriers were ways of acquiring more tonnage without India losing303 words
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Article65 1989-11-15 42 HONGKONG-BASED Feoso Oil may sell the world s largest ship, the 564,739 dwt tanker Sea wise Giant. It is understood that Feoso has approached major tanker operators to gauge interest. Feoso bought the ship a year ago after the vessel was severely damaged in the cross-fire65 words
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Page 27 Advertisements
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Advertisement34 1989-11-15 27 fIjSEgH A lively with IDIOMS words AvaMabh at all good books/i ops Federal Publication* See Page Sixteen For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD34 words
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Advertisement20 1989-11-15 27 I Lines and services represented by Members of the Reoistry oI Accredited |?hQbN Shipping Agents. Singapore National \'-W~J9tl Shtpptng Association.20 words
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Advertisement391 1989-11-15 27 "The Illustrated Encyclopedia of Wildlife" Fortnightly mil good bookshops •TP WrtrfcaS^^^^^Pr Bosses Go the Extra Mile The tight labour market is taxing the budgets and ingenuity of corporate recruiters. Free holidays, childcare subsidies and bigger pay cheques are all being dangled before workers, but the results arc not B fcl391 words
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Advertisement185 1989-11-15 27 INSIDE Bosquez to replace Torrljoe Last year, people were still talking about the lady graduate from Panama. Now Olga Bosquez Is going to need all the presence aha has got, because aha has taken on a tough job. When Dr Hugo Torrljoe wanted to quit as chief of the Panama185 words
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Advertisement2110 1989-11-15 29 JARDINE SHIFftNC MUCKS' UPJUL sssgfsssrm" m in w LSSJ sre« ;^rffBsi(& D.-clutt(.-tl K, Quclily S.-rvuo l IMPORT EXPORT WSSajWIMt LBM CWA NfK I NYC HFX I «p"l VUgL/VOYAg IR" CHA NH [NYC NfX KPTUNt sarnet a im am n> ant M >W neptuni w;«ct a u/u *u i*u 21/12 I*l22,110 words
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Advertisement2374 1989-11-15 29 Vmhi Voy ETA ETD "Port 'Panang DESTINATIONS Thw week Man* M 8808 CtoaMtg Tima Feeder by jK2E22ffIJSS3EEBEES!9SDEIE23HC^^SS2^^BI^^^^^Bi CY 11/11 0400 MRS M Fain I IB Hi Hi CFS 20/11 1800 MRS M Taufo OAK LOB HOU MEM ATI MIA CHS BAL PHL NYC MOW TOW METTE M 8808 21/11 22/112,374 words
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Page 30 Advertisements
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Advertisement1135 1989-11-15 30 TmnSSSST VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BBEMERHAVEN ANTWERP LE HAVRE BENALOER 92/512 15/11 17/11 5/12 7/12 9m 10/12 12/12 KURAMA 02/511 16/11 11/12 5/12 7/12 4/12 10/12 BENAVON 91/515 22/11 24/11 12/12 14/12 18/12 17/12 19/12 TOKIO EXPRESS 90/514 23/11 18/12 12/12 14/12 11/12 17/12 TOLAGA BAY1,135 words
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Advertisement549 1989-11-15 30 NORTHBOUND TO UKC S'PO«E ROM/A'DAM HtC HULL (U.K.) TAUSALA SAMOA VIM yu SO 100 14/1 CLYDEBANK V-27N 30 1. .'S I 311 4 7 TAMAITAI SAMOA V.I7N 3/2 2/3 7/3 11/3 •Alio Accwttnc rci to Ai»tw>3rwi»»>/r>t)uto»<ff««WiM»>oii/>«HwVtoßwi*ii>» I $outhbounp to PAPu* naw aum ~1 (ASIA-SOUTH PACIFIC JOINT SERVICE) I SPORE I549 words
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Advertisement1240 1989-11-15 30 153 amm&mxA mMrm i REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA CALC) HAM) ROT) JAPAN SEA 934W 17/11 21/11 3/12 1/12 9/12 12/12 14/12 15/12 16/12 17/12 11/12 NOR ASIA SUN 1935-3 24/11 2>m1,240 words
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Page 31 Advertisements
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Advertisement1410 1989-11-15 31 S& Steamers Maritime Holdings Ltd p&O \m nt STRAITS SHIPPING I Containers Vpor« P.Naag rtn Btm* raw lak ACCEPTS CARGO DUE SAILS SET SS m 5S S W S2 KRIS MELELA VSESUo.IO.T- I. Ft II I* ■OUVOM B|U wi UfU w W I)|U W1 STRAITS PRIDE VISE Kuch. Muara, ron>o1,410 words
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Advertisement2065 1989-11-15 31 SP LH RDM HAH ME FIX SPORE HK RAO Ml HANJIN HASAN OSIW UAI W1 «|U B|U W CHOYANC SUCCESS 005E 13/11 lf|U 17/U 23/U CHOYANC PARK OMR 11/11 V|U W W HANJIN TONGHAE OTOE 28/11 B/ll 24/11 30/11 HANJIN OAKLAND OOSW 2S/11 13/12 14/12 IS/12 17/U 11/12 NANJIN ROTTERDAM2,065 words
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Page 32 Advertisements
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Advertisement705 1989-11-15 32 JT"^B?TTTfST?T^ Singapore Loading lor:- I IRAN EKRAM PJL 5/12 BANDAR ABBAS I miyowal I A#\kml VI i I V** lilkAiUUiial OUAM/<ABP nim«er «mvi« (BVBULK CONTAINER) ETA SPORE GUAM SAIPAN SPARKLE' V 2 SAILED 20 NOV 21 NOV SPARKLE' g i DCC u DEC u DEC IMCROMESIA PORTS DIRECT CALLS SUBJECT705 words
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Advertisement877 1989-11-15 32 (h) hanjin shipping I 4T FULL CONTAINER SERVICE 1— rv,-. fftow ntM* WSI Sli lIM HAUL LAX OAK S par* LaNavra R M 7 nnJ HAIUIN TONS NAf M( aril KUNSAN Mrt IVU 17/12 W 1 Vl2 7/12 Vj2 JOfU HANJIN WTTf *OAM mi imi N SCOOi MM O/U HU877 words
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Advertisement104 1989-11-15 32 mmm bintang mas shipping pte. Ltd. Tel 2243/1W2574/3 Tli RS 422« SINMCR fl! 725 75M Mm J Depot T«t 4/354/1 '■■iV Spore Agents STRAITS SHIPPING PTE LTD Tel 2250/B Tli RS ***** F»r 225 011/ REGULAR SERVICES TO BRUNEI SARAWAK Accepts Voy Port Cargo Due Sails BINTANG SCRIA 21 Bintulu.104 words
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Advertisement1546 1989-11-15 32 PKL SGP HKG KSC KLfi PtJS HKT OS* TYO ML LHV AMI MM fU HOG SGP 1 ever ciFTto nm mi mi am 102 vu vu w ivu so ivi un I*l w 210 13/2 ever greet siu wi w «u S iju uiu iw w w w Ma 2*l1,546 words
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Page 33 Advertisements
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Advertisement818 1989-11-15 33 PACIFIC INTERNATIONAL LINES (PTE) LTD J g■■ PIL Building, 140 Cecil Street #0340. Singapore 0106, Tel: *****33 C"5 I I tUKL VOY SIN JKT SBV VOY HKO YOK MOO HOB BUS "AO HAJ OUANO IMB SM 8W In Pt MNB 22/11 M/ 11 JO/11 1/11 1/11 VII V™ MAJAPAHIT 4758818 words
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Advertisement202 1989-11-15 33 lff\ jQHRn swptiwQ sew bike hI VtSKL |PKI PCD I SIN IICUC IIIUA IKK |SM |TAW SIN JOHANVUW uoi um nm am MAI johan iii «um mi urn am am wi vu 5 johan ii vmjm |74/11 |a/u |aqi 2/121 »u tin |wu ACCEPTING FCL/LCL REEFERS. HEAVY LIFT UP TO202 words
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Advertisement1002 1989-11-15 33 Utasstai DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOY# P.T. BESURI HOYD P.T. SMMMERA INDONESIA P.T. TMKMM LLOYD s EXPRESS SEM-C9MTAINERMIP SERVICE VMJVOY S'PORC R'OAMI N-BUHG/ BROKN ANTWERP ADAM wxr Isam w FAST TRANSIT TIME ACCEPTMM BREAKBUUC/CONTAINERtSED CARGO Subject to Inducement Alee eccepMng ceryo to CeeeMence, Pert SeM, Port1,002 words
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Advertisement453 1989-11-15 33 W MYANMA Us3t FIVE STAR UNE I (Burmese National Line) Loading for Yangon (Rangoon) S pore P.Keiang Penang Bangkok MERGUI VMV 13(17 NOV I*l9 NOV HPA-AN VI4SW Z3,?S NOV PAGAN VMM 24/24 NOV the BANK UNE SEMI^- COWTTA IN SER VI C E I EXP*as TO PAPUA HEW GUINEA I453 words
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Page 34 Advertisements
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Advertisement267 1989-11-15 34 m A fli MAC-NELS AGENCIES PTE LTD., SINGAPORE TEL: *****02(1MP) *****22(EXP) PENANG TEL: (04) *****6 KK TEL: (088) *****0 |-rv~ /x —I PORT KELANG TEL: (03) *****77 KUCHING TEL: 082)*****3 CJ \y VzJ J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 FREJA LINES, DENMARK EAST MA||wslA b MONTHLY EUROPE267 words
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Advertisement194 1989-11-15 34 EES=a FCL/LCL Acceptance Weekly consol at our CFS to AaaMae Sydney, Mdboume, Remantte, Brisbane, Adelaide Mm ZNM All Ports «tfc AB Ports Evape/ML AH Major Ports Far East Bangkok. Hongkong, Keeking, KaosWung, Manila, Tokyo. Yokohama Kobe Warehousing Transportation (1988) Pta Ltd Direct Tel: 861-5060. 861-5324 Reception: 861-1911 Tlx: RS *****194 words
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Advertisement381 1989-11-15 34 A HYUNDAI MBMiMIMIffIMHI MERCHANT MARINE CO., LTD. BMjßaiH»aiaiMlMßM EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HUG LBH OAK SEA FROM PSW LBH OAK SEA HKC SIN :;sss!ssseT %asss ss as" Sm sSSSS§S SK ssssssr* ss z as ss ss s ss s ss m urn 2M2 owi ujoi381 words
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Page 35 Advertisements
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Advertisement182 1989-11-15 35 TFH HHIBHT I6EWCIES E« LTD. TUUUIN ATTRACTIVE RATE FOR FCL AND LCL CARGO MONTHLY DIRECT SERVICE FOR: TILBURY. ANTWERP, ROTTEROAM, HAMBURG PORT KELANG SINGAPORE MV HANSA RIGA Feoder 26/NOV MV ANASTASIA Feeder 22/ DEC MONTHLY DIRECT SERVICE FOR: HONG KONG, HUANGPU, XINGANG SINGAPORE MV ANASTASIA V6E In Port MV HANSA182 words
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Advertisement376 1989-11-15 35 Cfe HI izE is y rJ I emWAOGEANSHIPP'NGGOMPANYI I VESSEL NAME VOY XINCANC SHANGHAI HONGKONG SPO*E I JEDOAN LMASSOL I FENC SHUN SHAN 22 In Pt 24/11 UU I*l2 11/12 I FU WEN SHAN 2Sfll 4/12 11/12 22/12 27/12 FU VU SHAN 21— 15/12 24/12 2*12 12/1 IVI I Also376 words
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Advertisement44 1989-11-15 35 f~SET SHOREPACK FREIGHT SERVICES (S) PTE LTD TEL 224-2542 (4 LINES) FAX 224-<X3 TLX RS 433«4 WEEKLY LCL ft FCL SERVICES TO/FROM: Europe UK/N. Cont/Scandinavian ports F. East Bangkok/Hongkong/Taiwan/Korea/Japan U.S.A. East/West Coast ports Australia/New Zealand/S. Pacific Islands CorMno<*» r*c**nq 1 our CTS/CoWrtlon Itntcw «v*Ub««44 words
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Advertisement345 1989-11-15 35 lOliiaHHM EXPORTS TO FAR EAST outbouno fpil fsiS kao [kee [hw [tky fyoS [nag fosS [~ko§ [moj ["bus KAI SHUNIB9W SU 11/11 22/11 ~3/12 ~~4/12 ~6f12 1/12 2/1? l/U 3/1? GIOBY AC£.QIBN In Pt 16/11 21/11 23/11 2»11 30/11 "1/12 ~2flj 1/12 2/12 1/12 3/12 Yl CHUN 207 N 22/11345 words
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Page 36 Advertisements
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Advertisement1318 1989-11-15 36 VOY °INDO 'PK/PNG [SGP LB CHLS NFK NYC HFX NEPTUNE GARNET 23 13/U 14/11 IS/11 9/L2 19/U 21/12 23/12 77/12 OOCL FAIR 17 20/U 71/11 23/11 IC/12 2C/17 21/12 30/12 3/1 RAINBOW BRIDGE 21 27/11 21/11 30/11 23/12 2/1 4/1 6/1 10/1 OOCL FREEDOM 28 4/12 5/13 7/12 30/12 9/11,318 words
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Advertisement660 1989-11-15 36 AUSTRALIA' EXPRESS CONTAINER SERVICE Acnpdng FCL/FCL CwiWmti Stnftport P Katanf Panenf Loading tor Mother »il By Feeder Br Feeder KAIIOAS V.« 4Ok 21 Nov 21 No. FremrtMb/Sydn/Adel TULSIOAS 45 23 Dec 17 Ok 17 Ok Frem/Moftfrdn/Adrt KALi OAS 147 20 Jan 14 Jan 14 Jar. Frem/Mefc/SydnjAdel TULSIOAS V.46 IF* 2660 words
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Advertisement581 1989-11-15 36 GOLDEN LINE I(NLV\ GUAN GUAN SHIPPING (PTE) LTD Sl lA 2] Tatga Ay»» Street StNGAPOPf 0104 Til SJ4MO (10 LINES) Fai U4JSW STRAITS/PERSIAN GULF SERVICE: S'port P Ketang Penam QOCDENMONOER Cotanba/HaradN/Oubei 1*» Nov QOLOCN HAVEN Cotanbo/KaracMM* 20/30 Nov CHINA SERVICE BAJ TUN SHAN Huangp«i/Fwlwi 24/21 Nov CHINA OCEAN SHIPPING CO.,581 words
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Advertisement682 1989-11-15 36 RKF33T/SB^^aSs^_j I VESSEL I ETA SINGAPORE I DESTINATION I TBN 17/11, 2101 DUBAI, DAMAN, KUWAIT, I DONA, MUSCAT. BAMMM ABU DHABI A SHARJAM I TBN IVII. 25/11 JEDOAH (IXL) WEEKLY lAQABA, HOOEIDAM TBN 11/11. 24/11 HKOMG. KOBE, TOKYO, KEELUNG, I KAOMSIUNG MANILA BANGKOK. I BUSAN, JAKARTA I TBN 17/11, I*U682 words
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Page 37 Advertisements
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Advertisement1603 1989-11-15 37 S? NEPTUNE AGENCIES PTE LTD SINGAPORE yyyl (CR no: **********0 E) Sy/Z. Bookings UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 USA *****42/*****16, FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 Mm EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****0, *****1 Ul FOB VSI7VOY PKN PRG BGP MOTH KB1,603 words
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Advertisement1030 1989-11-15 37 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 80C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** POMMS P KELANC MESSRS MAI THONC SHIPfWC 127 Penan* Street. Penani Malaysia M/S HANDLING SYSTEM CO1,030 words
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Page 38 Advertisements
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Advertisement728 1989-11-15 38 ah ill I 111 l K INTEGRATED CONTAINER SERVICE MfefcaCß OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SJN tCA I ANT I RON I HBG I RST W. 4R.MKMT MS UflT 3«U N|U HfU IVU UfU t. wenoa m viT 11/12 kiu mu ttiu am o »otewomi728 words
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Advertisement963 1989-11-15 38 Vttul P. KLC PNC PC LMMnf Mr TONGCHUAN It/11 RatMam/Aatawr* JIANCCHUAN JO/12 RMtartM/Aatwwp gnu* rvix cowtawkm myki Vmm« pklf Pnj Spar* Rkk Hk( Slut Qin(tfM SHANC CHENG VIU 21A1 23/11 Z7/U M/ 12 07/U YANG FANG KOU Vll7 M/ll M/ll 4/12 11/U li/U Accepting FCL Cargo for ill o4hor ChmoM963 words
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Advertisement222 1989-11-15 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOAOIN6 FOR DELI INDAH 16 11 89 17.11 89 PANJANG/PK BALAM HA6A IAYA 1811.89 20.11.89 PAN JANG LAMPUN6 JAVA 20.11.89 21.1189 SEMARANG/PANJANG PINANG JAYA 17.1189 18.11 89 PANJANG/PK BALAM PERITA JAYA In Port IS 1189 PANJANG/jAKARTA222 words
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Advertisement491 1989-11-15 38 r 1 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 19/11, 30/11, 01/12, 13/12, 14/12, 20/12, 23/12, 24/12 03/1, 04 1 [EUROPE To all inland points:491 words
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Advertisement496 1989-11-15 38 ASEAN PQRTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) jpiYA BHUM aw Tloif Ufll Urn gU Sim BHUM cm Tri 17/11 Urn 2^ll jenlink rnw fr< viu wm ayu JARU BHUM m _Su* Mfll Mrt a/u PITA BHUM 2MN Hwr H/ll Stw Mjn sim bhum «aw frt 24/u m»496 words
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Advertisement1131 1989-11-15 39 (HSSEL VOY SINGAPORE KHF/DUBAI KARACHII ■iNKA SIRI 130W 23/11 I ■tNKA SRIMANI 72W 24/11 04/12 I HkNKA SIRI 131W 08/12 I HkNKA SIRI 132W 27/12 I ILSO ACCEPTING CARGO (FCL/LCL) FOR; I I INDIAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE, BOMBAY I ARABIAN GULF PORTS I SHARJAH; DUBAI; BAHRAIN; DAMMAM;1,131 words
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Advertisement259 1989-11-15 39 MUT. Ethiopia) ACCEPTING FCL AHO CONVENTIONAL PEN/PKQ ETA LOAOMQ FOR ABBAY WON 2 21/12 OAREBSALAAM MOMBASA. DJWOUTI VOY 22W8 ASSAB MASSAWA HOOEIOAH ANOtNCT 11/2 DAKCSSALAAM MOMBASA. OJMOUTI VOY 18WB ASSAB. MASSAWA. MOOCIOAH ABYOT 20/1 OARESSALAAM MOMBASA. DJIBOUTI VOY 20MB ASSAB. MASSAWA HOOtIDAH Other ports along the route workable on inducement259 words
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Advertisement1255 1989-11-15 39 LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 B. VSL VOY SIN JKT PAJ JKT SIN I U L SENTOSA 13S1,255 words
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Advertisement297 1989-11-15 39 BAY OF BENGAL SERVICES ¥ESSELS WY 811 MM CAL Oil lIT CALABAR 79CNB 18/11 25/11 SUSAK 88N 1811 24/11 GONCHAROV *****9 22/11 28/11 TIGER BAY 87N 19/11 25/11 LEUVE 9114 20/11 25/11 28/11 VERMILLION BAY VOBW 23/11 7/12 I. YAMBURENKO *****9 24/11 1/12 PAITHOON V3OW 2811 13/12 CALABAR 80CNB 30/11297 words
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Advertisement207 1989-11-15 39 feTWWWrt TO AUSTRALIA/NEW ZEALAND Tj twt Exmss~asi wu va yu 1412 mm t HUM 211 Ufii vu W TS» 55 I S S w IS mH on c. wmub aT~ "ma "EH on *5 5 5 fl 11 DATS TO MHJOUINK! "I TO USA/CANADA I *5 |Ti-pin |n on— |mnh207 words
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Page 40 Advertisements
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Advertisement796 1989-11-15 40 R R \fcflL DE VAPORES i P "PERUVIAN STATE LINE" 0 W ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM 4 2 CALLAO, MATARANI, ILO* ft OTHER PERUVIAN PORTS* 9 S WITH TfS AT KOBE ON CPV THROUGH BILL OF LADING. J 5 PmnT P. Ktlai* Swfaport R 5 THOMASEVERETT IN IT/15 NOVU/ll NOV796 words
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Advertisement633 1989-11-15 40 FULL CONTAINER SERVICE kcmUm FCL/LCL carfOM to USA Em! «wt Cm* Carrlbfc—yt»«t HAITI, feuaw—to uto Hondurn VSL frPORE MAINLINER tAX BUT [SAV [NYC Mf> 7IM KAOMSIUNC 11/U M HAIFA M/U Q/U S/17 M/ 17 BQt ZM OSAKA 73/11 2* MONTREAL 11/U |U 1 VI «1 A VESSEL 1/17 Ml SAVANNAH633 words
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Advertisement616 1989-11-15 40 Msing kwang hang •W«NO TRANSPORTATION (PTI) LTD WEEKLY LCL/FCL SERVICE [vessel Is pore [Jakarta {surabaya EQUATOR JOY 03N 18/11 22/11 |A VESS£I 1J 21/11 VESSEL [SPORE [BANGKOK A VESSEL 17/11 20/11 IA VESSEL 121/11 24/11 DESTINATIONS ETA SINGAPORE PORT KELANG 17 NOV MANILA 17 NOV HONG KONG, ALL CHINA PORTS616 words
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Advertisement526 1989-11-15 40 la PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 42-43 A 18/11 19/11 21/11 21/11 44 45A 25/11 26/11 28/11 28/11 46-47 A 2/12 3/12 5/12 5/12 48-49 A 9/12 10/12 12/12 12/12 General526 words
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Advertisement450 1989-11-15 40 SIN FAI EAIT 19/11 KEELUNG/KAOHSIUNG 16/11 BANGKOK 17/11 MANILA 18/11 JAKARTA 17/11 PORT KELANG/PENANG 16/11 BUSAN 20/11 TOKYO/YOKO/KOBE 20/11 HONG KONG also aca itirw cargo I to Huangpu Shenzhen Fuzhou Xiamen/Xingang/Shanghai SIN EVMPE/H 18/11 LDN/FLX/LVP/SOU 18/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIM iti/euuii T 9 20/11 LA./NYC/SFO450 words
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Page 41 Advertisements
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Advertisement190 1989-11-15 41 I GOODWAY| LCL ACCEPTANCE TO NOUMEA, FIJI SIN MKG NOUMEA SUVA 2*ll 5/12 l/l m 20/12 Ufl 29/12 VI W EXPRESS SAILINGS TO PAPUA NEW GUINEA VESSEL SIN POUT MORESBY LAE ANKE 3/12 ***** 15/12 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVtU190 words
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Advertisement496 1989-11-15 41 FCL SERVICE OJ9 KL: allied-link SINGAPORE: Sszlr 04******2 *****8955 778 6522(22 lines) SEES)::;: V Marina Ong Susan Ng/Cfcris*ia Chiew u Htang/EeMer Yap transintra. shipps* (Wgaport) private limited C»rgo bookings Tel: *****8 (5 LINES) A I ESMERALDA I Sailed TBN END NOV Manila, Kaohsiung TRIDENT BOND 13 NOV Manila, Kaohsiung FROM496 words
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Advertisement371 1989-11-15 41 hag—; EXPRESS SERVICE to/from CHMi tow* rrw btio vcssa m row ajnca iqq /urror *alt ui wr as:b br.y assfjg j? 11 mm CARGO FOR PUNTA ARENAS, TALCAMUANO *r, (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO <£ MMmMh— Singapore *****00 K. LuMpur *****25/6/1, *****19, Boofcing» *****01 p. Kttong 36*7311 VESSEL371 words
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Advertisement653 1989-11-15 42 Mitsui OSK Lines Ltd takes pleasure in announcing the inauguration of its STRAITS EXPRESS SERVICE offering Weekly Fixed Day Dedicated Container Express Service from Port Kelang (every Saturday) and Singapore (every Sunday) to HONG KONG/YOKOHAMA/NAGOYA/KOBE Ist Vessel: MV OCEAN BLESSING PK SIN HK YOK NGO KOB 18/11 19/11 22/11 28/11653 words
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Page 42 Miscellaneous
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Miscellaneous139 1989-11-15 42 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON NOV 15, 1989. LEGEND R Thunderstorm Weather Wind direction with speed in knots Shower jj Rom Wave height Cloudy Sky Surface winds ore indicoted by arrows which fly with the wind One full circle represents calm or light and variable winds139 words
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