The Business Times, 4 September 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday September 4 1990 75*
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  • NEWS SUMMARY
    • 66 1 ASIANA Airlines of South Korea placed orders and options for 51 Boeing airliners worth almost US$6 billion, Boeing Co said yesterday. Boeing, based in Seattle, Washington, said at the biennial Farnborough International air show near London that Asiana had placed firm
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    • 36 1 THE annual search for Singapore's Businessman of the Year (BOY) and the company most deserving of the Enterprise Award takes on a new name from this year the Singapore Business Awards Page 2
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    • 33 1 HAW PAR Villa, which will open its doors early next month, will be able to recoup the $80m that has been invested within five to seven years. Page 2
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    • 36 1 BANK Negara's main concern now is to ensure that the prevailing ample liquidity does not lead to excessive demand for goods thereby causing inflationary expectations, governor Tan Sri Jaffar Hussein said yesterday Page 8
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    • 53 1 THE big news in Vientiane is that the government is going forward in some cases fast and furiously with privatisation plans for state enterprises in and around the metropolis. Many have already been leased out or sold outright to the private sector, according to the Bangkok
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    • 39 1 RACHEL WARD used to leave the country when her films, which typecast her in femme fatale roles, came out. Since then, she has gone on to make new films that show another side of her Page 17
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    • 32 1 FLUSH with technical expertise built over the years, Neptune Orient Lines (NOL) has set up a new company in Singapore to offer consultancy services worldwide. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 33 1 LONDON share prices were firmer yesterday morning. By 1135 GMT the FTSE index was up 7.3 at 2,170.1 after a session high of 2,176.7. Turnover was a light 134.4 million shares.
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    • 27 1 SUCCESSFUL applicants of Singapore Aerospace's share offer in July will be heartened by the homegrown aviation company's first interim results since its listing Page 3
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    • 29 1 SINCE 1985 Singapore Fodder has been so consistent in incurring losses that one would have thought its shares would not even serve as cannon fodder Page 3
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    • 27 1 TELETECH International has denied majority shareholder Swilynn International a place on the board of directors, the South China Morning Post said Page 4
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    • 31 1 MALAYSIA'S central bank governor has said his main priority is to keep the ringgit stable and not to boost its levels against other appreciating currencies Page 7
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    • Article, Illustration
      29 1 Monday Change BT-MGA 640.77 -9.42 Kuala Lumpur ....550.74 +9.89 Hongkong 3,066.81 -20.69 Tokyo 25,420.43 -557.94 Sydney 1,503.3 -2.4 Friday Change New York 2614.36 21.04 London 2162.80 +9.20
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    • 21 1 Cxch—ti rates USS s$ 1.7655 Yen S$ 1.2303 MS SS0.6567 Monty ntss Overnight 5 7/16% +15/16 3-month 6 9/16 -1/8
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    • 36 1 London Gold PM fix US$386.75 -US$1.00 S'porc Sep I6l.75«/kg +0.75 M'sia Sep 243.50«/kg unch KL Tta Turnover....... 87 tonnes -32 Spot M$ 15.22/kg -0.32 Cradt pain d Turnover™. 958 lots -489 Sept M$663 /tonne -4
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  • 576 1  -  By Lim Mui Khi INDONESIA'S Salim Group, whose aspirations to be a major corporate player in Singapore are gathering momentum, will emerge as a new substantial shareholder of fast food and trading group Inno-Pacific Holdings Ltd (IPH) under an agreement announced yesterday. Through
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  • 418 1 The Gulf Crisis Reuter THE outlook for the Gulf looked bleak yesterday, with thousands of hostages still captive in Iraq and efforts to avert war in tatters. Kuwait's exiled foreign minister said US and foreign troops that have massed in the region after Iraq's
    Reuter  -  418 words
  • 199 1 SHARE prices in Tokyo fell sharply yesterday following news of rising oil prices and market talk of investigations into speculative activity. The key 225-share Nikkei index ended 557.94 points or 2.15 per cent down at 25,420.43 yesterday, the first trading day for the month
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  • 444 1  -  By Conrad Raj THE Ministry of National Development has turned down Japanese retailer Sogo's appeal to be allowed to build a hotel in the Orchard Road area. It has, however, indicated that an application for service apartments by the department store chain would
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  • 118 1 AFP KUWAITI OIL Minister Rasheed Al-Ameeri Al-Sabah pledged yesterday to fulfil his country's investment commitments in Thailand while seeking continued support for UN sanctions against Iraq. Mr Rasheed made the pledge in talks with Thai Foreign Minister Subin Pinkayan in Bangkok, saying that
    AFP  -  118 words
  • Page 1 Advertisements
    • 282 1 Nikon The World's Finest Photographic System. THE HOTTEST SPOT IN ASIA 13 PATENT SHOCKS CHIP MAKERS 14 Aircraft Schedule 27 Monti Changer Rates 27 World New 10.11 Commodfces 26 Money Market 25 Cngfc Oossword 27 taponal News 8 9 12 Reeonal Stock Markets —24 For market ndKes, editorial. Franc* News
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    • 187 1 Aussies' hopes of recovery dashed, Pg 4 Jakarta to spend oil windfall wisely, Pfc 9 Rich border oilfield at centre of conflict, Pg 10 A month that shook the world, Pg 12 lata to up airfares, freight rates, Shipping Times Pg 1 Threat to UN sanctions, Shipping Times Pg 18
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    • 7 1 Nikon The World s Finest Photographic Systerr
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  • HOME NEWS
    • NEWS ROUNDUP
      • 191 2 THE Design Support Centre for the construction industry was officially opened yesterday as a "one-stop service centre for design professionals in the industry". Jointly set up by the Construction Industry Development Board (CIDB) and the Singapore Institute of Architects Building Centre, the centre serves
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      • 60 2 A ONE-DAY workshop on the control and prevention of injuries in the community will be organised by the Ministry of Health tomorrow. Or S C Emmanuel, director of the research evaluation department of the Ministry of Health, will deliver the opening address. The workshop will be held at
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      • 46 2 SINGAPORE has established diplomatic relations with the Government of Western Samoa with effect from yesterday. According to a Ministry of Foreign Affairs press release, the relations will be at ambassadorial level and will strengthen and develop friendly relations between the two countries.
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      • 104 2 QCC the Japanese style A QUALITY Control Circle (QCC) Study Mission is in Tokyo to look at the Japanese way of quality control activities. The mission will learn new strategies of promoting and sustaining QCC activities; upgrade QCC practitioners' skills and techniques and observe how Japanese companies integrate their QCC
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      • 87 2 THE world is facing a period of uncertainty but Asean must turn this to its advantage, said the parliamentary secretary of the Ministry of Foreign Affairs, Yatiman Yusoff, yesterday at the Fifth International Model Asean Youth Conference. Recent developments such as the reforms taking place in Eastern
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    • 439 2  -  By Shutz Lee THE annual search for Singapore's Businessman of the Year (BOY) and the company most deserving of the Enterprise Award takes on a new name from this year the Singapore Business Awards. Organisers Business Times and DHL International (S)
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    • 295 2 AS OF YESTERDAY, all the oil companies had raised their petrol and diesel prices at the pump, the second time in about three weeks. In adjusting their prices, most of them explained in some detail how the pricing formula for petrol was arrived at. They
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    • 356 2  -  By Sangeeta Mulchand HAW PAR VILLA, which will open its doors early next month, will be able to recoup the $80 million that has been invested within five to seven years, say its developers. Revenue will come from four main
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  • Page 2 Advertisements
    • 90 2 IT'S THE SAME IN ELECTRONIC BANKING. TWO CAN MAKE GREAT MUSIC. J^Kf^^H^l. Introducing a duo with true and getting account information rßflrnß mastery: the linking of two elec- through one terminal. Tronic banking systems. Hexagon from Both Hongkongßank and Midland Hongkongßank, and MAPS from are known for innovative technology. S
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 312 3  -  By A J Leow SUCCESSFUL APPLICANTS of Singapore Aerospace's share offer in July will be heartened by the homegrown aviation company's fust interim results since its listing. The group posted an aftertax profit of $8.55 million for the first six months of this
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    • 179 3 SINGAPORE AEROSPACE is moving rapidly to carve a market for itself in Europe in the servicing of Boeing aircraft, a month after it set up a joint venture in the US to handle similar activities. Qualitair Rotables, based in Cambridge, United Kingdom, will
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    • 413 3  -  By Shoeb Kagda UNPRECEDENTED major weather-related claims and a substantially lower investment income have resulted in a 31.1 per cent fall in firsthalf group profit after tax and minority interests to $7.43 million for the Insurance Corporation of Singapore. The claims
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    • 480 3 Bernama MALAYSIAN International Shipping Corporation Bhd wants to have a bigger stake than the 25 per cent interest it has been offered in Malaysian Shipyard and Engineering, MISC chairman Raja Tan Sri Muhammad Alias said yesterday. A definite proposal on this matter had
      Bernama  -  480 words
    • 656 3  -  MARKET TALK By Abdul Hadhi SINCE 1985 Singapore Fodder has been so consistent in making losses that one would have thought its shares would not even serve as cannon fodder. Last year, the feed producer made an after-tax loss of $590,449 on a turnover of
      656 words
    • 265 3 UNITED OVERSEAS BANK is beefing up its credit card and travel-related lending business by buying two companies in the air travel business. The bank announced yesterday that it is purchasing the entire issued and paid-up capital of Haw Par Travel Pte
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    • 176 3 MR LOW HUA KIN has formally ended his association with Guthrie GTS by resigning as chief executive officer as of Sep I. There will be no immediate replacement for the post, said a Guthrie spokesman yesterday. A new director, Mr Albert Hong Hin
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    • COMPANY BRIEFS
      • 124 3 UNITED Industrial Corporation has completed its sale of the Dallas Pari Plaza Hotel. The group said in a statement yesterday that it wrapped up the sale of the 711-room hotel in the US on Aug 31, instead of the scheduled Aug 7. The
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      • 65 3 MR LIM YONG WAH has been appointed as a director of Steamers Maritime Holdings Ltd with effect from Sep 1. In another separate development, Burwill Holdings Ltd said' Mr Tien Sing Cheong's resignation as a director had been accepted by the Board with effect from Aug
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      • 101 3 SETRON (Malaysia) Bhd proposes to acquire two million ordinary shares of Msl each in Associated Kaolin Industries Sdn Bhd for M 54.9 million as a move to diversify into export-oriented industries. Asian International Merchant Bankers Bhd said on behalf of Setron yesterday that the company
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      • 140 3 TRACTORS Malaysia Holdings Bhd is proposing to in-, crease its authorised share capital by M$ 1 SO million divid- ed into ISO million shares of Msl each to MS3OO million divided into 300 million shares of Msl each. It is also planning a one-for-two bonus issue, comprising
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      • 89 3 MINORITY SHAREHOLDERS of Malaysia British Assurance Bhd have been advised to vote in favour of the company's proposed acquisition of a 20 per cent stake in Hock Hua Bank (Sabah) Bhd. In a circular to minority shareholders yesterday, independent adviser Malaysian International Merchant Bankers Bhd said
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  • Page 3 Advertisements
    • 342 3 -x. r.-•■*. ■■■*>■•■ f •■■),.■>■.•,¥s > tes ••v k- .v .jf l: t?V A futuristic interpretation of a legendary design: The Movado Sapphire Museum SD® Watch. The famous Movado Museum dial represents the quintessence of the modern design movement. Simple, functional, tasteful. Its purity of design has won it a
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 113 4 JAPANESE COMPUTER MAKER Hitachi Ltd said yesterday that it had agreed with US computer giant International business Machines Corp (IBM) to share and develop a wide Vange of computer software products. The software is to be £ased on the US-developed UNIX computer-operating
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      • 141 4 CHALLENGE LTD (FCL) said in Wellington Yesterday that it had sold its aluminium extrusion and tran--chised sales activities to Comalco-CHH Aluminium Ltd for «n undisclosed cash sum. Comalco-CHH is a joint venture Iwtween Carter Holt Harvey Ltd and Comalco New Zealand iLtd, a unit of Comalco
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      • 112 4 3>APER AND PACKAGING GROUP Amcor Ltd said in Melbourne yesterday that trading conditions in the year to June 30, 1990, were the most difficult for many years, in Australia. "Australia in its present mode is Rapidly becoming an uncompetitive place for the investment £of private
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      • 101 4 tOMRON CORP, a leading Japanese maker of electronic components, will launch a sales unit in Paris in to market electronic funds transfer equipment in a company spokesman said in Tokyo last week. JOmron Systems Management GmbH, the firm's operational in Hamburg, West Germany, will
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      • 71 4 £PORAL Ltd said in Sydney yesterday that it had bought Australian clay brick maker Midland Brick Co Pty *Xtd for an undisclosed sum. It said Midland Brick is the clay brick maker i« Western Australia andj the |>ur;<chase makes Boral the leading manufacturer of clay
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      • 90 4 Mitsubishi Heavy Industries Ltd has received a 40 yen order for gas turbines to generate electricity from rfjthe Iranian government, a company spokesman said in Tokyo fiast week. Mitsubishi Heavy will build four 100,000 kilowatt turbines, which will use liquefied natural gas, in Qom, §110 km
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      • 107 4 ■SINKEL CORP of South Korea has begun building a four-bil->hon-won plant in Britain to produce 350,000 audio sets a jSyear, a company official said in Seoul yesterday. The plant in ♦Newcastle on Tyne will start producing car stereos, compact &disk players and other audio
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    • 302 4 TELETECH International has denied majority shareholder Swilynn International a place on the board of directors, the South China Morning Post said. Teletech directors said that they had finally accepted Swilynn's offer, but noted they would keep a presence on the board to prevent legal
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    • 301 4 SOUTH SEA Textile Manufacturing Co expects improved results during the current half-year despite a 30 per cent fall in profits to HK$lB.3 million for the six months ended June 30. Chairman Jack Tang Chichien said the company expects raw cotton prices to remain
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    • 192 4 UNLESS Thailand's familyrun businesses restructure dramatically and become more professional, they may be lost in global competition this decade. Somburana Srisupandit, executive director of the Thailand Management Association, expressed this view at a press conference to announce a seminar on chief executives in the
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    • 324 4 TO CASH IN on the growing demand for consumer products in Thailand, the subsidiary of US toiletries giant Colgate Palmolive plans to invest 390 million baht during the next five years to expand production facilities, The Nation has reported. Managing director Robert
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    • 514 4 Reuter FEARS THAT the Gulf crisis could develop into a prolonged conflict and send the US into recession have shot down hopes of a recovery in the Australian share market in the next few months, brokers and analysts said. They said earlier forecasts that
      Reuter  -  514 words
    • 489 4 TAIWANESE TYCOON Hwang Chou-shiuan expects to succeed in gaining control of the Lau brothers' Evergo group, thanks in part to the situation in the Middle East. Mr Hwang is to issue a formal takeover document this week for the Evergo group at the same
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  • Page 4 Advertisements
    • 68 4 CHO HUNG BANK We, the oldest Korean Bank, take pleasure to announce that our office is now upgraded to a Singapore Branch KIM YOUNG SUK CHAIRMAN OF THE BOARD OF EXECUTIVE DIRECTORS PRESIDENT HONG SUN SHIN GENERAL MANAGER SINGAPORE BRANCH 4 Shenton Way #09-01/05 Shing Kwan House Singapore 0106 TEL
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 109 6 POLLY PECK International pfc said it plans to proceed with its restructuring via the flotation of more of its units in overseas markets, according to a report in yesterday's Financial Times. In the report, Polly Peck chairman Asil Nadir said although the option
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      • 108 6 K KONINKLIJKE BIJENKORF BEHEER (KBB) is to expand its recently acquired US toy shop chain FAO Schwartz by 60 to 70 stores in the next five years, the newspaper Financieele DagtAad reported in Amsterdam. The paper, interviewing KBB chairman Arie Maas, said the Dutch retailer
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      • 101 6 SCOTT PAPER CO has signed an agreement with a Brazilian company to sell a Brazilian tissue operation they own jointly for about US$4O million, Scott Paper announced in Philadelphia last week. Scott owns 49 per cent of Companhia de Papeis, which manufactures bathroom tissue, paper
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      • 108 6 R&OERT MAXWELL, chairman of Maxwell Communicatian Corp pic and publisher of The European, said at a news brgfing in London last week that the newly-launched weekly newjpaper would make a profit in its first year. He said this di<s4fc* include the £10 million being spent
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      • 91 6 DUTCH ENERGY to supermarkets group SHV Holdings NVsaid it was planning to buy a Dutch unit of West German retailer co-op AG COOG F. SHV said in a statement last week that it planned to buy Masco Holding BV which runs sevA* Dutch hypermarkets with
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      • 64 6 CAMPEAU CORP said in Toronto last week that it had ejloided its loan agreement with The Edward J Deßartolo cip until Sep 10. The previous agreement, which expired on AarSl. said Deßartolo will not exercise remedies against collaterals as a result of defaults arising under a
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    • 242 6 Reuter HANSON pic's decision to make a secondary offering of Newmont Mining Corp shares in the US, raising around US$35O million and cutting its stake in the company to 26 per cent from 49 per cent, was warmly received by analysts. "Hanson is reducing
      Reuter  -  242 words
    • 443 6 Reuter SPAIN'S state-owned holding company Instituto Nacional de Industria (INI) has asked Bonn to approve a takeover bid by Daimler-Benz AG and MAN AG for troubled truck maker Empresa Nacional de Autocamiones SA (Enasa). The deal, approved by Enasa parent INI at
      Reuter  -  443 words
    • 360 6 AP GENENTECH Inc and Roche Holding Ltd of Switzerland said their US$2.l billion merger will go ahead as the result of an agreement last week with the US Federal Trade Commission. The California biotechnology company and Swiss pharmaceutical giant expected to complete the
      AP  -  360 words
    • 486 6 NYT LAURENCE A TISCH and members of his family have acquired sizable stakes in three bank holding companies whose stocks have fallen on hard times recently: Continental Bank, Baybanks and Equimark. Mr Tisch, chief executive and largest stockholder of CBS
      NYT  -  486 words
  • Page 6 Advertisements
    • 142 6 This announcement appears as a matter of record only. V September 1990 K W SUPERIOR METAL PRINTING LIMITED (Incorporated in the Republic of Singapore) Mi New Issue of 12,000,000 shares of $0.20 each at $0.65 for each share Jt |jj| Managed and Underwritten by !i OVERSEAS UNION BANK LIMITED I
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    • 161 6 "We achieved sales of more than AQIIPRINT makers from the region warrants Ss2 million directly resulting from our continued participation." Asia Print '89, without considering jQjH' Asia Print *91 will be held the long term prospects of potential jointly with Asia Pack '91 and customers we met. AsiaPlas' 91. If
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  • FINANCIAL NEWS
    • 302 7 Reuter MALAYSIA'S central bank governor Jaafar Hussein said his main priority was to keep the ringgit stable and was not to boost its levels against other appreciating currencies. "TTie ringgit has been very stable but other currencies have strengthened," Mr Jaafar said. He
      Reuter  -  302 words
    • SMALL CHANGE
      • 92 7 AUSTRALIA and New Zealand Banking Group Ltd (ANZ) said it did not expect a further cut in official interest rates during September but said rates should be lowered once more before the end of the year. In its September Treasury Update, ANZ said
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      • 68 7 THE combined assets of Japan's ofTshore banking facilities fell 1.7 per cent to USSSSB billion at the end of July from U*****.6 billion at the end of June, the Japanese Finance Ministry said. Of the total, assets denominated in foreign currencies rose 5.3 per cent to
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      • 113 7 ABN AMRO Holding NV, which in July forecast essentially unchanged 1990 earnings, said it was at present unable to forecast its 1990 results. The bank said that, in view of the financial market upheaval caused by the Gulf crisis and its potential economic impact, it
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      • 88 7 BANCO Espanol de Credito SA (Banesto) will not go ahead with a planned international offering of shares in its industrial group until world stock markets improve, a bank spokesman said. He confirmed a roadshow for the sale of a 26 per cent share block in its
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      • 96 7 FRANCE'S Credit Commercial de France said it had bought a 15 per cent stake in Handelsfinanz Midland Bank, giving it complete ownership of the Geneva-based private banking operation. CCF bought a 10 per cent stake from Union Bank of Switzerland and 5 per cent
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    • 347 7 Bernama THE ringgit has depreciated against most major currencies this year, but bankers and economists say it is at a level conducive to spurring economic growth in the country. Among other things, the ringgit's competitive rate in the past few years have generated economic activity
      Bernama  -  347 words
    • 212 7 Reuter THE economies of France and West Germany can oope with the dollar at its current level, West German Finance Minister Theo Waigel said. Speaking at a news briefing after a meeting of the Franco-German economic council, Mr Waigel said he and French Finance Minister
      Reuter  -  212 words
  • Page 7 Advertisements
    • 105 7 THE ATLAS ICE COMPANY, BERHAD (Incorporated in Malaysia) LOSS OF CERTIFICATES Notice it hereby given that Stock Certificates No s D3l and 64 covering $540-00 stock in the name of Yeo Chin Neo of 426 Jalan Ujong Pasir, Malacca has been reported lost Notice is hereby given that if within
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    • 165 7 > I I V A ***** *i3|a f^ ar<gßSs^jjg||[^^^gp mmlfM* tu t «w»i^BfißP^Hßl -—v» r^^^F~- t ?yffwHiimi m B s^RSE^HE^Ji&Mi^S^PI While we're certainly equipped to rush your important more economical, door-to-door, than you realise. documents across the world, what you may not know is that DHL offices are also backed
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  • Page 7 Miscellaneous

  • THE REGION 1
    • NOTE BOOK
      • 93 8 NEARLY half of Japan's used car exports in 1989 were to New Zealand. The New Zealand Automobile Association, in the latest issue of its bi-monthly magazine Auto Age yesterday, said Japan sent 63,887 used cars to New Zealand in 1989, or 47.1
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      • 93 8 THE head of Japan's giant carmaker Nissan is to receive an honorary knighthood from Queen Elizabeth 11, the company said on Sunday. Takashi Ishihara, 78, will become an Honorary Knight Commander of the Most Excellent Order of the British Empire, the highest honour the Queen can
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      • 60 8 CHINESE Communist Party leader Jiang Zemin has asked a senior Japanese politician to serve as a bridge between Beijing and Taipei to help encourage Chinese unification. Kyodo news agency said yesterday that Jiang made the request on Sunday when he met former deputy premier Shin Kanemaru, long
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      • 73 8 THAILAND'S Labour Department deputy director-general Umporn Chulananon yesterday announced that a law had been passed on Saturday on the nation's first social security system. He said the bill was endorsed by His Majesty the King. The deputy labour chief said employers across the country must now complete
        73 words
      • 67 8 SOUTH KOREA'S naphtha-cracking and petrochemical firms have cut operations because of a shortage of naphtha caused by the Gulf crisis, company officials said yesterday. Several companies have cut bade, some by as much as 30 per cent. Yukong Ltd, with an annual ethylene capacity of 555,000
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    • 397 8 Bernama BANK NEGARA's main concern now is to ensure that the prevailing ample liquidity does not lead to excessive demand for goods thereby causing inflationary expectations, governor Tan Sri Jaffar Hussein said yesterday. "We are also determined to avoid a collapse in interest rates
      Bernama  -  397 words
    • 208 8 THE deputy governor of the Bank of Thailand, Vijit Supinit, will most likely replace Chavalit Thanachanan as the governor of the central bank and assistant governor Roengchai Marakanonda will succeed him, according to a report in the Bangkok Post. This arrangement was
      208 words
    • 52 8 SOUTH KOREAN subway officials trying to fix the wheels of oae of two nbway trains that collided on Snnday in Pusan, injuring at least 70 people. According to a Korea Broadcasting System report, one train struck the back of another that was picking up passengers. Renter picture
      Reuter picture  -  52 words
    • 373 8 THE newly-appointed Finance Minister of Thailand, Virabongsa Ramangkura, will continue with former minister Pramual Sabhavasu's five major tasks, according to the Bangkok Post. Dr Virabongsa said this after his official takeover from Mr Pramual at the ministry last Thursday. He said the former
      373 words
    • 246 8 Reuter HONGKONG'S brain drain ahead of China's resumption of sovereignty in 1997 will be greater this year than previously expected, according to revised government figures issued yesterday. A spokesman said the government now estimated that 62,000 people would emigrate from Hongkong this year, an increase
      Reuter  -  246 words
    • 437 9 Reuter THE leap in oil prices caused by the Gulf crisis is a welcome windfall for Indonesia, the only Asian member of Opec, but the problem is how to spend the money. "With the additional oil money we will be able to increase
      Reuter  -  437 words
    • 456 9 THE BIG news in Vientiane is that the government is going forward in some cases fast and furiously with privatisation plans for state enterprises in and around the metropolis. Many have already been leased out or sold outright to the private sector, according
      456 words
    • 148 9 Reuter CHINA'S controls on official spending must continue despite the current market slump, a senior finance ministry official said. "We must strengthen controls over official spending. We must also stimulate markets," Deputy Finance Minister Zhang Youcai was quoted by the Economic Daily newspaper as saying
      Reuter  -  148 words
    • 319 9 Reuter NEW ZEALAND Finance Minister David Caygill supports Prime Minister Geoffrey Palmer but has not made clear whether he would resign if the Labour leader was dropped by the party, a political source said yesterday. Mr Palmer earlier said he would not quit despite
      Reuter  -  319 words
    • Article, Illustration
      35 9 Vietnamese in old-custom clothes parading on stilts in the capital during a celebration to mark the 45th anniversary of the founding of the Democratic Republic of Vietnam on Sunday. Reuter photo Reuter photo
      Reuter photo  -  35 words
    • 423 9 A NEW highway linking all parts of Thailand will be built soon according to The Nation. The feasibility for the new system which will improve inter-regional and provincial road transport is being studied by a Japanese agency Japan International Cooperation
      423 words
  • Page 8 Advertisements
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      46 words
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  • Page 9 Advertisements
    • 204 9 HP Vectra 486/25 power and performance has just become irresistible. Now it's easier than ever to support, makes the HP Vectra hitman**™*** running at 25 MHz clock rate start enjoying the benefits of 486/25 virtually irresistible. 8 Extended indu*ry standard Archi v J lecture (EISA) slots (IBM PC/AT com patibie):
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    • 6 9 CHARTPOINT Every Saturday in Business Times
      6 words
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      230 words

  • THE WORLD 1
    • 659 10 The Gulf Crisis NYT AT THE HEART of Iraq's dispute with Kuwait over oil, money and boundaries lies a huge banana-shaped oil formation some 3,100 metres below the desert sands. One of the world's largest oil reservoirs, the Rumaila Held
      NYT  -  659 words
    • 553 10 NYT AS A RESULT of economic pressure caused by the United Nations sanctions against Iraq, Iraq has begun to limit consumer purchases of basic food, a government official said on Sunday. He added defiantly that Iraq would bow to no power, "even if we have
      NYT  -  553 words
    • 300 10 Reuter SENATOR Sam Nunn, the chairman of the US Senate Armed Services Committee, said he favoured covert action to force Iraqi President Saddam Hussein to withdraw his forces from Kuwait. Mr Nunn said that he was not aware of any covert action, but said he supported
      Reuter  -  300 words
    • 374 10 Reuter IRAQ and Brazil had a secret nuclear programme under which a Rio de Janeiro firm designed a plant, apparently never built, for producing uranium dioxide, Jornal do Brasil reported on Sunday. "One of the most traditional engineering firms of Rio de
      Reuter  -  374 words
    • 334 10 Reuter EGYPT'S fragile economy, savagely shaken by the Gulf crisis, will gain short-term breathing space if Washington goes through with proposals to cancel Cairo's US$7.l billion military debt. But despite the prospect of a huge reward from Washington for Egypt's steadfastness in
      Reuter  -  334 words
    • 306 10 AP WHILE the Gulf crisis will occupy centre stage when President George Bush meets Mikhail Gorbachev on Sunday, the Soviet leader may also try to steer talk around to his country's faltering economy. Mr Gorbachev has been struggling with a myriad of economic
      AP  -  306 words
    • 296 11 Reuter THE Phnom Penh government says the feared Khmer Rouge is determined to sabotage a Cambodian peace settlement and is preparing for prolonged civil war. In a radio broadcast on Sunday it said secret agents who had infiltrated into the Khmer Rouge reported that
      Reuter  -  296 words
    • 488 11 Reuter A PLUNGE in Tokyo stocks, the fifth discount rate rise in 15 months and surging oil prices have aroused fears that Japan's land price bubble may be ready to burst, but industry analysts say such worries are overblown. Interest rates are high and
      Reuter  -  488 words
    • 378 11 NYT AS fuel prices climb, a jittery car industry is watching how lawmakers in Washington react. Car executives are growing apprehensive that the renewed interest in Washington in reducing oil consumption will lead to stricter federal regulations on the fuel
      NYT  -  378 words
    • 241 11 Reuter EAST GERMAN Premier Lothar de Maiziere, opening the autumn Leipzig trade fair on Sunday, said Western firms were keen to invest in East Germany but businessmen spoke of bureaucratic and other obstacles. "There's a high level of interest, especially in
      Reuter  -  241 words
    • 262 11 Reuter RUSSIAN Federation President Boris Yeltsin yesterday attacked central Kremlin control and called for extraordinary measures to tackle mounting economic problems and ethnic tensions. Opening the autumn parliamentary session of the Soviet Union's most powerful republic, Mr Yeltsin said disappointment was growing over the failures
      Reuter  -  262 words
    • WORLD WATCH
      • 99 11 US TREASURY Secretary Nicholas Brady will visit Japan on Friday as part of a tour of Western nations to garner financial support for multinational forces in the Gulf, Kyodo news agency reported from Paris. He was expected to meet Premier Toshiki Kaifu,
        99 words
      • 75 11 TEACHERS in East Germany have complained that they will be overworked and underpaid, since they will work 25 hours per week against 22 hours previously, and will be paid only 900 Deutschemarks (US$56O) a month, against 3,000 marks (US$ 1,850) for their West German counterparts, with
        75 words
      • 64 11 BRITISH FOREIGN Office minister William Waldegrave was quoted yesterday as saying war in the Gulf was inevitable unless Iraq withdrew from Kuwait. Bahrain's daily Akhbar al-Khaleej said he made the remark when he was asked in a London interview whether a war would re-draw the map
        64 words
      • 69 11 LABOUR SHORTAGES among small businesses in Japan are becoming serious, but their business outlook remains generally optimistic, the government-funded Small Business Finance Corp said in a report. Of small businesses surveyed, 66.4 per cent feel they lack workers, up from a record 65.4 per cent last
        69 words
  • Page 10 Advertisements
    • 343 10 The 2nd International Petrochemical Conference >■< Petrochem'9o Identifying Opportunities for Growth in the 90s Petrochemical investments in the Asio-Pocific are surging ahead and are expected to continue into the 90s. Petrochem '90 will bring into focus new challenges facing the industry while identifying opportunities for growth. The on-going Gulf crisis
      343 words

  • Page 11 Advertisements
    • 475 11 THE HIGHEST HONOURS ACCORDED TO BUSINESS ACHIEVERS ingaporo Businessyt\wards womowfoe excess Business Times In 1985, Business Times, a business daily published by Singapore Press Holdings, and the leading air express company, DHL Worldwide Express, came together to organize an award scheme to honour Singapore's most successful businessman. In the years
      475 words

  • 504 12 EDITORIAL IT is not surprising that signs of discord should emerge even before the conference on Cambodia in Indonesia begins, or that they should lead to a delay in the start of the meeting. It has been reported that Phnom Penh Premier Hun Sen will
    504 words
  • WHAT THE OTHERS SAY
    • 203 12 SOVIET PRESIDENT Mikhail Gorbachev acknowledged last week that there was public scepticism over the reform programme that he has initiated. An economic collapse of the country could not be ruled out. He was not exaggerating. In his address last week to the Presidential Council and the
      203 words
    • 94 12 THE UNITED Nations Security Council's latest initiative on resolving the Cambodian imbroglio holds out possibly the last chance for a peaceful settlement. Vietnam and China have agreed to participate. Against this latest turn of events, Asean, has invited all the Cambodian factions for talks in Jakarta. However
      94 words
    • 150 12 ENVIRONMENT MINISTER Dr Ahmad Mattar has pointed out that Singaporeans are still far from keeping their environment clean. This is despite years of public education and numerous campaigns. A decline in public standards of cleanliness may mar the tourist industry, but what's worse is the far-reaching
      150 words
  • REGIONAL VIEWPOINTS
    • 124 12 WITH CRUDE prices soaring from between US$lB-19 per barrel early this year to an average of US$27, at one point, above US$3O, since the Iraqi invasion and annexation of Kuwait, it is opportune and sensible for an oil-importing country like Thailand to seriously ponder steps to
      124 words
    • 219 12 THE UNITED Nations ideal of being the arena for mediation of international disputes has never been closer to fruition than now. The UN has demonstrated unprecedented unanimity in the past four weeks, with a series of five resolutions condemning Iraq for its invasion of Kuwait, and
      219 words
    • 137 12 THE PEACE plan for Cambodia, drawn up by the five permanent members of the UN Security Council, has been accepted by the Cambodian resistance coalition. It has also been welcomed by Vietnam, but in a diplomatic acknowledgement of the sensitivities of Phnom Penh, Vietnam professes to
      137 words
  • 739 12 Saddam Hussein's seizure of Kuwait galvanised the world into action. While President George Bush has been successful in mobilising a collective response to the Gulf crisis, it is imperative that the pressure mounted on Baghdad continues. And any enduring settlement must include the destruction
    NYT  -  739 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 49 12 DOONESBURY BY GARRY TRUDEAU mm FVKJIHT-, TUF PtTER,THE MOOP HERE TOW ON CAPITOL HILL, MRS. D4VBN- THE FEELING ON ORCANOSL tSMUCHUKerrMSYeSTBX- POfrrsSTVNNEP£jOU£ABUeS THE FLOOR >S IT WMONPfS M- a simple, but statblv began topeacttoherera- must be some snu, on ACTOFPRJNCJfU HASLBFT MAHC PBOStON TO SWPPOUN... SORT OF SEX CANCER
      49 words

  • ANALYSIS
    • 794 13  -  Is Europe going to be bigger or stronger, asks Flora Lewis Flora Lewis NYT THE two Germanys have signed their treaty of unification, the last major act of the German Democratic Republic before it disappears into a single Germany on Oct 3. The question
      NYT  -  794 words
    • 1158 13  -  Indonesia's economy is booming but is it out of control? Pete Engardio and Sally Gelston report Pete Engardio, Sally Gelston International Business Week WILLIAM Davidson, principal owner of the Detroit Pistons, is a man of vision. Since ke bought it in 1974, his basketball team
      International Business Week  -  1,158 words
    • 1007 13  -  Ranjit Gill examines the rise of the pioneer industrialist cum hotelier who was in the right place at the right time Ranjit Gill Ranjit GiU is a freelance writer. THE road to riches is a veritable minefield. One survivor who continues to stay the
      1,007 words
  • Page 13 Advertisements
    • 135 13 a f• *r •flfc JH Kotnoqawa I .hi I Japanese Cuisines are not just"Sushi"."Sukiyaki", "Shabu Shabu" and "Tempura". Have you heard of "Kaiseki Course It is a traditional Japanese full course dinner, similar to French full course dinner. Please try our "Mini Kaiseki Course," first to have an idea of
      135 words

  • INNOVATION & TECHNOLOGY
    • 683 14 American inventor's triumph poses far-reaching legal and financial questions NYT IN A SHOCK to the computer industry, a virtually unknown California inventor has been issued a patent that he says covers a fundamental development of the computer revolution the microprocessor. After a 20-year struggle, Gilbert P
      NYT  -  683 words
    • 233 14 COMTEC '90 the leading microcomputer show in Southeast Asia which closed last Sunday at the World Trade Centre clinched on-the-spot sales of $6.35 million, a fifth more than last year's figure of $5.2 million. Enquiries worth $16.8 million were also made, and the number of trade visitors more
      233 words
    • 196 14 HAVING benefited from Japan's expertise in information technology, Singapore will now share its knowledge with other Asia-Pacific countries through a regional training programme, said Parliamentary Secretary (Foreign Affairs) Yatiman Yusof. He was speaking at the launch of the third country training programme in computer
      196 words
    • 218 14 A HOME-GROWN healthcare company may soon be jointly developing genetically engineered human insulin here with Bio-Technology General Corporation of the United States. Scitech Medical Products (SMP) will conduct studies at the European research laboratories of Bio-Technology General, said Scitech chairman Saul Mashaal. He
      218 words
    • 364 14 NYT Australia and New Zealand have ordered their scientists to make an urgent review of a report that highly toxic radioactive contamination from French underground nuclear testing in the Pacific is leaking into the sea despite assurances from France that the tests
      NYT  -  364 words
    • 619 14  -  Hardware, hardware everywhere; but where was the software at Comtec '90? Kenneth James gives a post-mortem ■T MATTERS Kenneth James COMTEC '90, which finished its four-day run last week, once again lived up to its claim as the region's leading microcomputer show. With
      619 words
  • Page 14 Advertisements
    • 108 14 In Penang where else but the Shangri-La. Known for its superb business and conference facilities Famous for its impeccable service Located in the heart ol historic Georgetown The Shangri-La Where else for the best of business and pleasure in Penang 4 Tv .V p ShangriLa hotel PENANG. MALAYSIA A SHAM
      108 words
    • 149 14 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With just a couple of keystrokes, they can specify the transmission time to send their messages to
      149 words

  • FOCUS
    • 595 15 The highly diversified Srifuengfung group is undergoing far-reaching changes that may see it producing gas from garbage WHEN PEOPLE mention the Srifuengfung group, the word that springs to mind is "glass." For most of the last 30 years, the group's flagship, Thai Asahi
      595 words
    • 556 15 Reuter THE selection of General Motors Corp to be the United Auto Workers Union's "strike target" appears to be a strategic victory of sorts for the giant automaker, industry analysts said. GM will now be in a position to negotiate an agreement with the
      Reuter  -  556 words
    • 601 15 NYT AMERICAN acquisitions of European companies, led by the purchase by Philip Morris of the Swiss chocolate maker Jacobs Suchard, rose sharply in the second quarter after a sluggish performance in the first three months of the year. The 53 deals, up from
      NYT  -  601 words
  • Page 15 Advertisements
    • 129 15 .<sr: l yjvi'tJL, \tYC**eM m iaaHV St**#*, #tf" Puma-^. i Helpful hints compiled in handy leaflets, to keep you Look out for more coming your way, and let us >/ in the pink of health! work with you towards a healthy lifestyle! x Get your personal copy. There're three in
      129 words

  • Page 16 Advertisements
    • 240 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN. WHERE TO WINE, DINE... THE TEA ROOM TAKES YOU SOUTH OF THE BORDER. It's fiesta time at The Tea from the Camino Real of Room. So grab your sombrero Mexico City. and come with us down September 3-16.
      240 words
    • 369 16 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam Saturday -JJ am to 2 am HYATT REGENCY© SINGAPORE 10-12 Scots Road, Singapore 0922 Tel:
      369 words
    • 268 16 1 I «HH; > It's The Street's anniversary Come karaoke and get a cassette recording of your singing Free'. Happy Hours: 6—B pm First Drink Charge*: Mon Thurs $12++ Fri-Sun $15++ mt'' Inclusive of 2 drinks -m- > f 9 A URfl i Feast on our Chefs Speciality-. Rsh Head
      268 words
    • 240 16 IEAGGOTSI AT THE BELVEDERE YouU be charmcd by our spread of over 60 traditional J favourites in our delightful British Buffet And wefet sure J you*ll fall hopelessly in love with our Blueberry Fool. Britkh Buffet Lunch Sept 1— 30 Noon 2.30 p® Adult: $36+ Child below 10; $18+ tht
      240 words
  • Page 16 Miscellaneous
    • 706 16 TELEVISION AND RADIO "W"V "fl CRPI9 this programme (L). 4.23 tear Prayar CaR. BUSINESSON BADfO Remembenng Str&uss 52 a f bum. Joe, Elliot and Vincent each SJI tpllinww (Cartoon). L'llT*J*£™: 8.00 Miliy liitor School Dobito search for clucs surrounding 5.55 Today In Nistwy. 5.30pw, 3.254 m. Financial News 1990 (Final).
      706 words

  • LIFESTYLE
    • 959 17  -  Rachel Ward used to leave the country when her films, which typecast her in remme fatale roles, came out. Since then, she has gone on to make new films that show another side of her. Dan Yakir reports. Dan Yakir NYT Rachel ward says she
      NYT  -  959 words
    • 517 17 WARREN Beatty and Robert De Niro lead a Hollywood charge into the Venice film festival, following decades of avant-garde movie showings which pleased critics but yielded poor box offices. The last American film to win at the Mostra Internazionale in Venice was Gloria
      517 words
  • Page 17 Advertisements
    • 222 17 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, 12 NOON TO 2JOPM.$3l.OO++ I PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience of
      222 words
    • 235 17 SINGAPORE'S 100 BEST RESTAURANTS *RECOGNTIION* TUNK-KA OF THAILAND Rated as one of the 100 BEST restaurants in Singapore, Tunk-ka of Thailand scored FULL MARKS for its food quality. It's the choice of Tatler's readers for the best place to eat in Singapore. At Tunk-ka, it's more than a matter of
      235 words
    • 120 17 TP/*>ll/ A Restaurant and 1 W/m Karaoke Lounges FINESr RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Hours c«*. —j Karaoke Hours Mondays to Saturdays 11 JOwn to 230pm 7.00pm to 2.00 am Dinner r
      120 words

  • SPORTS
    • SIDE LINES
      • 131 18 MIKE HILL birdied the first hole of sudden death on Sunday to beat Bruce Crampton in the GTE North Seniors Classic in Indianapolis. Hill's second shot on the par-4, 364-yard 16th fcole landed three inches from the cup. He tapped in for the birdie in
        131 words
      • 107 18 CALIFORNIAN Mike Pigg geared up for his world title bid in the US later this month with a superb victory in Sunday's triathlon at Portsmouth. Rated number one in the world, Pigg completed the gruelling 1.5-km swim, 40-km cycle ride and 10-km run in 1
        107 words
      • 85 18 MERCEDES raced to its second consecutive World Sports Car Championship with another convincing victory over Jaguar at Donington Parte, England, on Sunday. The Germans again showed their virtual invincibility in the championship with their sixth win in seven races and their fifth one-two :of the season.
        85 words
      • 113 18 MERCURY Bay Boating Club, which briefly won and then lest the America's Cup, yesterday confirmed that it would fight for yachting's top trophy at San Diego, home of the New Zealanders' most bitter rivals. Helmsman David Barnes said the club, backed by millionaire banker Sir Michael
        113 words
    • 321 18 AP THOUSANDS of bargain and souvenir hunters and the Fire department showed up for the first day of the Goodwill Games' going-out-of-business sale in Renton, Washington. The games' Seattle Organising Committee was auctioning off thousands of items ranging from computers to punching bags. It
      AP  -  321 words
    • 663 18 AP BETH DANIEL had six birdies for a 69 and tied Martha Nause for the lead after two rounds of the LPGA Rail Charity Classic in Illinois on Sunday. Daniel, the defending champion, finished with a 36-hole total of 136, 8-under. Nause had an
      AP  -  663 words
    • 931 18 AP MAC MAGIC is alive in the US Open, but Martina is gone. John McEnroe came out roaring on Sunday, his racket spinning winners and his voice barking at officials. Four hours and 20 minutes later, after a noble comeback and five-set triumph over a
      AP  -  931 words
    • 408 18 AP AL UNSER Jr took a recordsetting fourth straight victory in the inaugural Molson In-dy-Vancouver on Sunday, a race marred by an accident in which several course workers were injured. The series point leader dominated the second half of the 97-lap, 264.46-km event at Pacific
      AP  -  408 words
    • 395 18 NYT MIKE TYSON, the former heavyweight champion, suffered a severe cut above his right eye when he and a sparring partner, Greg Page, struck heads in a workout at Trump Plaza Hotel and Casino in Atlantic City. As a result of the injury last
      NYT  -  395 words
    • 162 18 Reuter SURREY beat Sri Lanka by 14 runs in a one-day cricket match at the Oval in London on Sunday, despite some spirited batting by Sri Lankan all-rounder Graeme Labrooy. Replying to Surrey's 253 for six in the allotted SS overs, Sri Lanka
      Reuter  -  162 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4465 19  -  By Quak Hiang Whai SHARE PRICES on the Singapore market closed easier across the board yesterday following Tokyo's fall and a general weakness due to a lack of fresh news and buying interest. Volume was thin as most institutional and individual players stayed
      4,465 words

  • 4233 20 Main Board Inchcape 520 +28 Sunshine Allied 442 +16 +3.8% Juroro Ship 50* 675 +15 +2.3% SPH Foreign 960 +10 +1.1% Roth Inds 50* 354 +6 +1.7% Asia Pacific 900 +5 +0.6% NUM 710 +5 +0.7% Semb Shipyard 595 +5 +0.8% U06 Fomgn 585 +5
    4,233 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3611 21 Bernama SHARE PRICES on the Kuala Lumpur stock market closed mixed yesterday after selling pressure caused some counters to stumble in midafternoon in reaction to the fall in Tokyo. The KLSE Composite Index advanced 9.89 points to 550.74 and the KLSE Industrial Index perked
      Bernama  -  3,611 words
  • Page 21 Advertisements
    • 118 21 I We are pleased to announce our appointment as I I Depositary Bank I B I Keppel Corporation Limited I I for their sponsored I I Rule 144 A American Depositary Receipts (ADR) I Citibank Issuer Services I I A provider of solutions and services I > in support of
      118 words

  • BT SHARE INFORMATION SERVICE
    • 82 22 Cmpmh Bate YMr (iwp Hal Nat imiap (nu mm to praAt/tou (L) per Uart <hto>Mi COM) (cwrts) AtaHMr Auf 31 Mar 90 $1,085(11.129) 5.4(5.6) 6(6) HI A« 31 0« 89 M$20,413($19,771) 3.7a(3.6a) 3.1a(3.1a) Barwi Aug 30 Mar 90 HM30.08KS70.067) 8.1(21.7) 70(110) Mm Lomi Aug 21 Mar 90 M$4.974($3.785)
      82 words
    • 143 22 CMpaay Bate Ymt (na; pn-Ux IM nntafi firm mm to pnM/litt (L) put star* iMiial (*000) (Mate) SiMSpon Aug 31 Jun 90 (44.700($38,000 6.5(5.5) 18.8(12.3) Rothmns M Aug 30 Jun 90 *53.135(838.527) 31.6(22.8) 761(25) MOKytw Au( 28 IM 90 M$24,621 ($28,406) 3.0(6.8) -(5) CantripoMt 27 Jm 90 $17.370($13,453)
      143 words
    • 274 22 Coopo* Date Half y—r Oreep pra-tox taterfai mm to praM/tots a) iMitti C*—) CS Aug 31 Jun 90 J11,200($19,202) 6(6) Sport L«d Aug 31 Jun 90 $15.504m($25,132o) BAT Aug 30 Jun 90 J20,945($15.301) 45 5(31 8) Spore Bus Aug 30 Jun 90 125.116(134,111) -<-) Cattny Pacific Aug 29
      274 words
    • 747 22 ChtmI Ex Mb Date Tatal tar TaWfar >■)■!■> Ma dm thayaar Mpr Nh H*> 6% Aug 28 Sep 7 Sep 26 6% 6* MOB 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 No* 1 10% 75%(a) Mas 7 5%TE(I) Oct 12
      747 words
    • 464 22 DBS Lai Ltd has agreed to buy a 70* stake in Enctech Investment Pte Ltd. The acquisition w* be made through DBS Land's wholly-owned subsidiary, Property Management Pte Ltd. D6S Land will take up 404,510 $1 shares from Messrs Tan Han Kwong and Lee Ww Poo for a
      464 words
    • 425 22 tap* NM Mi Mr M EPS Cm* M M (TIM) laa* Ml Mm M 30 Ok 89 535LOO BS Wenm Apr 26 M 90 13(a) 2JTE(a) 4.747 FM Mm Jim 23 Sap 90 356 110 62.868 MM Mm A«| 11 Ok 90 4.6 10.0 9.180 knM Mm N
      425 words
    • 377 22 IM -41 WlKwfy tSStfC Mi Mm (NO Oftan tar ads by or oa behdt d Uto Enpnean (M) Bhd d 25 -2m dares by My of a njfc oftar to enbtad starehdden d KK on the base of bar ter-one MSI 25 eadi Entotc Jd 20 Bods doac
      377 words
    • 493 22 Company Rights Issue Mm One-tor tour MJ2.00 per shirt. Coti) toe Cipfal reduction scheme to reduce par ntm of share Iran {100 to JO 60; Atftfs ssue of 3:4 e JO GO per share Oit One-tor-one MJ4 00 per share. Every tour n*ts shares mid be issued with
      493 words
    • 669 22 BONDS, LOANS WARRANTS u»< OMpaqr Cmmnkm parM Ci—orilia In tar mm aiaqr Mf'| CMC it Batort 26/4/93 1 warrant ptos 13.09 ca*. Cmmm Z 4V» C— 1| m 2/10/89 to 20/10/94 1 warrant ptoi $1 cHh 1 —raat ptoi $1 ■omwd amoant d tm stock Qm Hp Itotoi CtowUpM tore*
      669 words
    • 165 22 Mm Loom Bhd: 35th AGM at Kasbah 1 2, 2nd Floor, Holiday Inn City Centre, In Ra|a Laut, ***** Kuala Lumpur on Wednesday, Sep 5, at 10am. J' Computer Fonm (M) Bhd: 28th AGM at the Conference Room, Ground Roof,. Bangunan MDf, 195 A Jaian Tun Razak, *****
      165 words
  • Page 22 Advertisements
    • 100 22 Property The property market has been forging ahead in the past two years. The question now is, will it hold? Business Times special supplement on property and construction looks at the trends in the residential, commercial, industrial, retail and hotel sectors. With Singapore companies looking further afield for opportunities, we
      100 words

  • TOKYO STOCK EXCHANGE
    • 2294 23 Reuter TOKYO STOCKS finished easier yesterday after news of rising oil prices and talk of investigations into speculative activity hit the market in afternoon trade. Thin volume, scattered indexlinked selling and concern that high oil prices could mean even tighter credit fuelled the
      Reuter  -  2,294 words
  • STOCK EXCHANGE OF HONGKONG
    • 2441 23 HONGKONG share prices ended lower yesterday following a fall on the Tokyo market as local investors stayed away from the bourse on a lack of market-moving factors, brokers said. "It was relaxed with narrow range trading in the morning, but in the afternoon both
      2,441 words

  • REGIONAL STOCK MARKETS
    • Aussie market ends weaker in dull trade
      • 1007 24 THE AUSTRALIAN share market closed slightly lower yesterday in listless trading, which brokers directly linked to the decision to remove most stocks from open outcry trading. "Don't read too much into today's movements because the new system has completely knocked trading around," one senior trader said. With the exception
        1,007 words
      • 835 24 SEOUL STOCKS surged in heavy trade yesterday as investors went on a buying spree on the eve of a North Korean delegation's visit to Seoul for a high-lev-el meeting with South Korean officials, brokers said. The composite index, which dipped below the 600 level recently, closed at 635.37, up
        835 words
      • 708 24 THAI STOCKS yesterday closed higher in bullish trade centred on some financial companies and the food sector, with many issues hitting the 10 per cent ceiling limit, brokers said. The SET Index gained 38.79 points to close at 901.54 on turnover of 56,119,515 shares worth 3,848.57 million baht, with
        708 words
      • 395 24 LEADING New Zealand share prices closed easier yesterday after a quiet afternoon session in which a weaker Australian market rubbed off on the local bourse. "It opened up a touch stronger on the Dow Jones finishing stronger on Friday, but then the weaker Australian opening and an indifferent Tokyo
        395 words
      • 392 24 TAIWAN STOCKS closed lower across the board yesterday as nervous investors, still worried about the possibility of war in the Gulf, took profits on gains seen over the last two sessions, (tellers said. The weighted index fell 193.22 points, or S.l per cent, to finish at 3,574.89 against Saturday's
        392 words
      • 614 24 JAKARTA share prices ended mixed, with the composite index easing 3.61 points to 567.41. Turnover soared to 4.2S million shares from the previous 2.71 million. Bank Duta was the most traded on the regular market at 632,500 shares, but it fell 150 rupiah to 7,350. Cement producer Semen Cibinong
        614 words
      • 837 24 Clow ttmkm S*3 SYDNEY All Ordinaries Index 1503.3 1,303.7 -2.4 All Industrials Index 2266.7 2,261.7 -2 1 All Resources Index 912.0 914.6 -2.6 Turnover (million) 59.75 NA BANGKOK SET Index 901.54 862.75 38.79 Turnover (nearest *000) 36,120 NA JAKARTA Composite Index 567.41 571.02 -3.61 Turnover (nearest *000) 4.25 2.71 +1.54
        837 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 726 25  -  THE SAN^KANCIL B* David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio oj deutsche marks, yen, sterling, Swiss francs, Nikkei Stock Index
      Source: TeleTrac  -  726 words
    • 420 25 FOREX MARKET REPORTS THE US dollar yesterday ended easier against the yen but higher against European currencies in trading subdued by the Labor Dav holiday in New York. With the Gulf crisis seen in stalemate, petro-currencies such as sterling have become less attractive. Profit-taking in
      420 words
    • 390 25 Cross rates sep3 USS SS MS Dm Yen SFr AS NZS USS 1.7650 2.6880 1.5745 143.40 0.5284 1.3060 1.2293 1.6207 S$ 0.5666 1.5229 0.8921 0.8125 0.2994 0.7399 0.6965 0.9183 MS 0.3720 65.66 0.5858 0.5335 0.1966 0.4859 0.4573 0.6030 Dm 0.6351 1.1210 1.7072 91.08 0.3356 0.8295 0.7807 1.0294
      390 words
    • 550 25 Interbank rates S$ Bid Offer Overnight 5 7/16 5 9/16 1-month 6 1/2 6 5/8 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode: 5 USS Bid Offer 7 days 8 8 1/8 1 month 8 8 1/8 2 months 8 8 1/8 3 months
      550 words
    • 1265 25 SIMEX Eutoooujut Open High Low Sett Est Vol Op/Int Vol Sep 90 92.01 9101 9T98 9L98 780 ***** 2264 Dec 90 92.08 92.08 92.06 92.07 3200 ***** 5781 Mar 91 92.00 92.02 91.98 92.01 1010 7451 2326 Jun 91 91.85 91.86 91.85 91.85 295 1813 687 Sep 91
      1,265 words

  • COMMODITIES
    • 356 26 THAILAND'S Rubber Promotion Organisation (RPO) has sought out the Saha Union Group to establish a joint venture to trade in natural rubber and rubber products, The Nation has reported. With smaller stocks available, the Thai natural rubber industry cannot take advantage of
      356 words
    • 345 26 Reuter CARGILL Inc, the US commodities trading giant, plans to expand its malting barley and cocoa processing operations in Europe, a senior Cargill executive said. Roger Murray, president of Cargill Europe, told the International Herald Tribune that the trade house also
      Reuter  -  345 words
    • 845 26 REPORTS THE tin price plunged another 32 sen yesterday to a new 44-month low of M$ 15.22 per kg as operators began liquidating their positions. Dealers attributed the sharp fall to the closure of the Kuala Lumpur Tin Market
      845 words
  • 1279 26 Rubber &p3 IttffitliWw) S cents/kg Noon Close Int I RSS Prompt I61.00/I62.00N I60.7VI6I.75N Inl I RSS Oct 90 161.00/162.00 160.7VI6I.75N Int 1 RSS Nov 161.30/162.30 161 25/162 25N Int 2 RSS OP 154.2V 1S6.25N 154.2V 156.25N Int 3 RSS OP I49.7V151.75N I49.7VI5I.75N Int 4 RSS OP I45.7VI47.75N I45.7V147.75N Int
    1,279 words
  • Page 26 Advertisements
    • 924 26 NOTICES M THE MATTER Of THE COMPANIES ACT, CHATTER SO AND IN THE MATTER Of NEW WORLO DEVELOPMENT (PTE) LIMITED (IN MEMOERY VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act Chapter SO. that the Final General Meeting of the abovenamed Company will be
      924 words
    • 949 26 In the Matter of The Companies Act Cap 50 And In the Matter of CONISIN PTE LTD (In Voluntary Liquidation) Members Voluntary Winding Up At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 19 Jalan Buroh. Jurong Town. Singapore 2261 on the
      949 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1049 27 CRy FlgM ETA FlgM ETD Mm BfeaM GA893 1045 GA892 0010 GA886 0010 GA974 2359 k*UH» SQ226 2035 QF82 2200 nwilirtT GA893 1045 KL837 1430 SQ24 2200 SQ23 1810 GA974 2359 QF6 1830 MhtM Qf 16 1830 SQ24 2200 0A471 2205 AMMsmI TE25 1800 TE26 1920
      1,049 words
    • 665 27  -  LETTER FROM QUEBEC By Michael Burton IN LATE summer the afternoon light at Perce on the tip of the Gaspe peninsula becomes so vivid it is as if a huge infrared spotlight had picked out the yellows, purples and reds of the timber houses
      665 words
    • 153 27 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4260 1.4560 Canadian dollar 1.5100 1.5400 NZ dollar 1.0700 1.100 Sterling pound 3.290 3.320 US dollar 1.7620 1.7720 Local dollars to 100 raits of foreign currency Austrian schilling 15.60 16.60
      153 words
    • 93 27 Duration Title Venue urjantser lei Duration Title Venue Organiser Td twauon Sep 7-17 International Switzerland Schweizer Muter 61/686.20.20 Sep 19-24 International Italy COSMIT 2/49&#3*f Fair Mustermesee Lighting Sep 10-16 International Spain Foire 3/423.31.01 Exhibition DtB rak Sep 24-10 Mpn. Fom I/HSJJI* Electronics T»*-h««iraI Fair Internationale Sep 13-11
      93 words
  • Page 27 Advertisements
    • 55 27 WW SPyS»/-— -y~ Ihe pcrvon v'hoiwc ocrv luc*iu\. I > I M I hur«t!.i\, V»uril.i\ and Virul.iv. I c.iunut hjn^i m I 1 I I \irpi>rt it hour* .mil irrmnu it 1 Jn J JL L. lntcrn.itinn.il \irport the tnlln* >l.u. A I: l; K VI li < H i"
      55 words
    • 424 27 Dr. CHEAT Monday, September 3,1990 I'Overcharging' doc under probe ryimYVl I By Rohakum Sawi What twm*km *m «™do«L )M HUll! I I If tkirc n need tor the doctor to rnfTlfHl doctor who« patent* daim LkiUJlflJ he overcharged them is berng inveati will write to thm ffifElffi filod by the
      424 words
  • Page 27 Miscellaneous
    • 192 27 11 Punish by separation? |hT~~ -I™J——LJ-*— 12 Not a form of rebate from 12 j j j j j j treatment (9) 27 Capital in which a large !l ut not mebnate (3,4,6) quantity of teer is held (5) 8 an^ rt sub J ect to mna YESTERDAY'S SOLUTION 28
      192 words
    • 215 27 Singapore Outlook Showers over few areas in the late morniag and early afternoon. Report Max temp 31.1* C Assoc humidity 64% Min temp 23.0 r C Assoc humidity 97% Hrs of sunshine 8.6 Rainfall in mm 16.3 Rainfall this mth 28.5 Rainy days this mth. 3 World forecast Asia-Pacific Hi/Lo*
      215 words
    • 40 27 rve dec*D£D to introduce S r f 11 *4PnT'S going OM'?) CHrereß ON TWC f TOODL£\ .(SAN/ON***.... 1 nJCLijQjrjr ON BUS»N£SS,, v A*PlP' J v &*jfc V ir\<jpc*w4G*W 'L feAg J L O EVEMMO rrAMOAND CO. LTD, tWS-IMt tlii I
      40 words

  • 398 28 Bernama JOHOR will benefit most after Singapore under the proposed triangle of growth linking the state and the island republic and Indonesia's Batam Island, a seminar in Jakarta was told. Nevertheless, Indonesia was committed to participate in the concept for political and
    Bernama  -  398 words
  • 251 28 Reuter THE private companies at the heart of the late Robert Holmes a Court's business empire will be run by his wife Janet and eldest son Peter, a company spokesman said on Monday. But the sudden death on Sunday of one
    Reuter  -  251 words
  • 357 28 AFP A GOVERNMENT task force will extend its search overseas for millions of dollars missing following the collapse of a Perth-based merchant bank in which some of Australia's best known entrepreneurs were involved. The task force of lawyers and accountants is being set
    AFP  -  357 words
  • 329 28 THE governor of Malaysia's central bank, Bank Negara, said he was not yet ready to raise the key base lending rate despite a request by banks, but a rise later this year was possible. U I am not discounting a hike
    329 words
  • 732 28  -  The Bottom Line NARONGCHAI AKRASANEE NARONGCHAI AKRASANEE Dr Narongchai Akrasanee is executive vice-president of the Thailand Development Research institute, a private policy research institute. IRAQ'S invasion of Kuwait has prompted Thailand's economic forecasters, like their counterparts in other countries, to lower
    732 words
  • 168 28 AFP A MEETING scheduled to start tomorrow in Jakarta between the four warring Cambodian factions has been postponed until Thursday at the request of the Phnom Penh government, a diplomatic source in Hanoi said yesterday. The Phnom Penh delegation, led by Hot Nam Hong,
    AFP  -  168 words
  • Page 28 Advertisements
    • 247 28 PlvgeT JOAILUER EN HORLOGERIE DEPUISIB74 GENEVE AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE < I Z 2 i Z Z I m l/> H Ed 3gi4^H "to wll S jlfflwiSv.-■JlMlil:.. l •'-.v y -ffL^^H aJ »Wi{>. .^S«IHPBMFL 'if 1 S^l
      247 words
    • 72 28 PiageT JOAILLIER EN HORIOGERIE DEPUISIB74 GENEVE Leader, Page 12 'Khmer Rouge planning sabotage', Page 11 Malaysia aims to keep currency stable, Pg 7 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so and you are looking for office space (with business support facilities) we have various sizes
      72 words

  • Shipping Times
    • 375 29  -  Dexter Lee FLUSH WITH technical expertise built over the years, Neptune Orient Lines (NOL) has let up a new oompany in Singapore to offer consultancy services worldwide. The newly-formed company, which is a wholly-owned subsidiary called Neptune Marine Consultancy (NMC), will give advice on the
      375 words
    • 429 29 The Gulf Crisis Ir.iiispiMi .mil oinnuniK.ili* News THE WORLD'! major airlines lay they need to raise international fares by 5 to 8 per cent ai of Oct 1 to compensate for "extraordinary cost rises" stemming from the Gulf crisis. The
      429 words
    • 421 29  -  it K Vara WORK on Johor port's new vegetable oil jetty has aaain been delayed, leading to lean among reflnen that congestion at the existing jetty could force buven to turn to Port Kiang. Butterworth or even Singapore to ship their orders. The
      421 words
    • 157 29  -  Othman Abu Bakar NATIONWIDE Express, the Malaysian affiliate of USbased Federal Express, will buy a MSI million tracking and tracing system for do* mestic operations. The system is expected to be installed by the middle of next year. The software for the
      157 words
    • 223 29 THE finance package being arranged to fund Hongkong's new airport could lead to the development of a bond market in the territory, say leading merchant bankers. The South China Morning Post said massive bond issues are expected to be part of the
      223 words
    • 338 29 SAUDI Arabian marketing interest* have begun chartering large ships to store a reduced form of heavy crude oil which is proving too dear to seH Lloyd's List reported that two large crude carriers were understood to have been fixed for
      338 words
    • NEWS SUMMARY
      • 95 29 THE Km Wlrama, manegsd by Pacific lion, yesterday arrived at Hodeidah to discharge al ceno, ing some 200 toot of Iraqi carlo. The vessel was the first ship to be turned away by the naval blockade at Aqaba port. A PIL spokesman said cargo
        95 words
      • 80 29 TWO THAI freighters have QyQll IQiyPQ (Q pyyQ VV#*VQ%MM for delivering t caiao of 30,000 ton dm of top-gnat Thai riot to Iraq, trade sources laid. "Our decision (to return to Thailand) ii baiad on tiwtßta* tion that tha oargo will be gf seiaod NfIMWiWI
        80 words
      • 39 29 A LOOK at tht success story of tha 5 3-year-old Air Canada, which will invest Cs3.l billion over tha next five years to modernise its fleet, expand ground installations and improve training programmes. Pa§s J
        39 words
      • 35 29 IRAQ'S President Saddam Hussein has a fleet of moct than 150 transport aircraft, in* eluding airliners plundered from Kuwait, which could be used to beat the UN saa*
        35 words
      • 44 29 AN EXTENDED pciiofrtif high crude oil prices causedtff the Gulf crisis could have a "devastating" impact on lh£ commercial aerospace industry with the potential loss of more than US$3BO billion of business over the next 20 ytm. B*ck*«
        44 words
    • 138 29 AFP CHINESE Communist Party chief Ziang Zemin on Sunday inaugurated a railway line linking north-western Urumqi with the Soviet border, New China News Agency (NCNA) reported. In a dispatch monitored in Hongkong, NCNA said the 460 km line linking up with the Alataw
      AFP  -  138 words
    • LOG BOOK
      • 108 30 COMMUNICATIONS Satellite Corp and Sony Corp are collaborating on the development of a satellite information service for international airline passengers. The companies said the service will include graphic and textual displays of real-time news, sports, weather, financial and special feature updates. Aircraft equipped with satellite
        108 words
      • 63 30 EYERGREEN Marine Corporation has imposed a currency adjustment factor of 4 per cent on its service from the Indian sub-continent to Europe. This surcharge is applicable to all shipments without exception, and includes cargo booked under contract/agreement. It was effective from Aug 22 with the sailings
        63 words
      • 59 30 MITSUI Osk Lines Ltd will not pay an interim dividend for the period ending March 31, 1991, because it is now finding it too difficult to forecast profits for the year, the cconpany said in a statement. The company paid a final dividend of four yen
        59 words
      • 93 30 ALL Nippon Airways (ANA) has received approval from the Ministry of Transport to begin passenger air service from Tokyo to Paris on Oct 4. The airline said it will begin serving the route using Boeing 747-200 aircraft with two round-trip flights a week. ANA said Paris
        93 words
      • 89 30 FRENCH aero-engine maker SNECMA, part of the SNECMA group, had sales of 6.332 billion francs in the first half to the end of June, an increase of 16 per cent on a year earlier. SNECMA announced at the Farnborough air show that its net result
        89 words
      • 71 30 WEST GERMAN airline Deutsche Lufthansa AG has purchased the name and logo of German Wings GmbH, a small Munich-based airline which filed for bankruptcy earlier this year. Eckhart Mueller-Heydenreich, German Wings' court-appointed receiver, said Lufthansa also bought German Wings' warehouse stocking software and its customer
        71 words
    • 968 30 A look at the success story of the 53-year-old Air Canada, which will invest Cs3.B billion over the next five years to modernise its fleet, expand ground installations and improve training programmes Aerospatiale TO SURVIVE and prosper, not only in North America but also on the
      Aerospatiale  -  968 words
    • 932 30 Sept 10-11: International conference on the transportation industry in Malaysia, organised by The Chartered Institute of Transport, Hilton Hotel, Kuala Lumpur. Sept 10-14: Reinsurance Rendezvous, Monte Carlo, Monaco. Sept 11-13: Air Cargo Shippers' conference, Hyatt Regency, Fort Worth, Texas. Sept 12-13: Effective use of the FIDIC contract conditions
      932 words
    • 13176 38 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      13,176 words
    • 3322 43 Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Aooord Shpe Pte Ltd (SyAccordCootr Line(M)Sdn Bhd (PKVAccord Contr Line (PG) Sdn Bhd(PN). Adkris Pariaass Csrpotudoa PhiUpptae Cabource Shpg A Trdg Pte Ltd (S) AhnakM Umm Service: Kim Shpg A Trdg (S). Aftatras Sea-Air Ssrvlee Frata Shpg
      3,322 words
    • 233 43 Abacas Coariers Td: 545-8011,448-6415. Air Express Service Tet 533-5771. Fax: *****44. Akherae Freight Corporatka Tet 542-8844. Fax; *****16, *****80. AJSSappHes Tet 745-6322 (2 lines), 747-7421. Fax; *****75. Cky-Uak laHiaathiaal Tel: 344-3377. Fax; *****50. Chaser Link Sapplks A Serricas TeL 296-5720. DHL latenatioari TeL 344-8911. Fax: *****61. DPE Caarisr
      233 words
    • 1460 43 Ahex Expreas Freight Tet 542-7171. Fax: *****84. Actkic Forwwdsr Tet 225-1833. Fax: *****42. Acthair Siagapore Tel: 542-7821 Fax: *****20. AeraMnk Freight laSeiaatknal Tet 545-8033. Fax: *****05. Tet 542-5911. Fax: *****18. AkCsrps Naro Expreas Tet 542-5454. Fax: *****06. Ak Expreae laterantknai Tet 542-7666. Fax: *****74, *****50. Ak Market Expreas
      1,460 words
    • 2917 44 ARGENTINA Saa Loranx Four vessels loading at private elevators of which 2 soya, 1 soya pellets, 1 by-products; 4 vessels waiting in roads to load soya pellets, soya oil, soya beans; due to congestion elevators loading round the dock. Raaartoc Five vessels operating of which 1 loading maize/sorghum,
      2,917 words
    • 597 44 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER 'a Sweatwe: 25,390 tonnes dw and built 1971, on offer at U554.75 million. Seaoatfc 32,751 tonnes and built 1976, on offer at US$9. Far Carrier 40,490 tonnes dw and built 1982, on offer for some US$25 million. Champion: 112,109 tonnes dw
      Reuter; AFP  -  597 words
    • 531 44 ARRIVALS Op Flight Type ETA Froa TODAY KAL KE697 B747F 01 S3 SEL NCA KZ205 B747F 0213 NRT JAL JL617 B747F 0343 NRT CLX CV7971 B747F 2115 LUX/DXB/KUL TOMORROW CAL CI333 B747F 0313 TPE AZA AZ995 BC8F 0405 SYD SIA SQ80I B747F 0410 AKL THUtSOAY KAL KE697
      531 words
    • 334 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Nt of Vaid ETA ETD Port Aft PlrtirfQii SEPTEMBER 01 01 Andaman Princess 1300 2300 Andaman Cruise Cruise to nowhere 07 07 Ocean Pearl 0700 1300 Reefer Lines Sin-Penang-Phuket-Madras-Male-Goa-Bombay 09 09 World Discoverer 0600 2000 Barwil Agencies Bdawan/Kuchmg 21 21 Ocean Pearl 0700
      334 words
    • 1017 45 THERE was little sign of any upturn in business in most sectors of the dry cargo charter market at the end of a quiet week, broken said. But fresh enquiry was judged busier than usual for a Friday. Details of a Panama* grain fixture from the US Gulf
      1,017 words
    • 572 45 Veeaal tafia Bar* Anted Papartaa I Vaaaal Way He Baft teiteal Oapartat KapH Wte mm Oadongha 1/90 P2D 04.09/0700 05.09/2300 Ml Prom" 1KB K30 alongside 03.09/1600 Equator Jade 24/90E P1A 0109/2100 04.09/2359 Amms 9006 K29 alongside 04.09/2300 Equator Joy 21/90E P1B 0409/1700 06.09/0600 hot* Brian 38/90 K32
      572 words
    • 1053 45 RECEMNC Of EXPORT FCL CONTAINERS AND UjL CARGO Record Bootttf/BMnco Mb Sty Voy No Mod From To From t d Ofcdtal Space Va Jade 11A 1 03/1500 03/1659 03/1900 4 04/1200 04/1459 04/1700 Ac Lotus 38 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 Aha, 126N 1 03/1500
      1,053 words
    • 307 45 PiftlOMi Saudi Port an Sep 3: Hong Soon I berth 3; Beqasa berth 4; Hong Hmg berth 4; Swadaya berth 6; Petego Iso berth 7; Pernas Safari berth 7A. KCT: Silver Express berth 8; Kota Panjang berth 9; Thana Bhum berth 9; Ocean Sinus berth 10; President
      307 words
    • 452 46 The Gulf Crisis AP IRAQ'S President Saddam Hussein has a fleet of more than ISO transport aircraft, Including airliners plundered •from Kuwait, which could be used to beat the UN sanctions. But aviation experts emj>hasized that any attempt at airborne sanctions-busting
      AP  -  452 words
    • 249 46 FT AN EXTENDED period of high crude oil prices caused by the Gulf criili could have "devastating" impact on the commercial aerospace industry with the potential loss of more than US$3BO billion of business over the next 20 years. Mr Lou Harrington, general manager
      FT  -  249 words
    • 166 46 Reuter KUWAIT Airways Corp announced on Saturday it would move its headquarters to Cairo and planned to lease 18 of its aircraft that were outside Kuwait when Iraq invaded a month ago, the Kuwaiti news agency Kuna reported. It said Kuwait Airways director
      Reuter  -  166 words
    • 222 46 Reuter AIRBUS Industrie expects to make its flnt not profit this year, 20 yean after it was oftablished Airbus managing director Jean Pierson told a press briefing at the Famborough air show he expected the four-nation airframe manufacturing consortium to show a
      Reuter  -  222 words
  • Page 29 Advertisements
    • 24 29 ink km mm. co ph tin TtL'.«l HMtIM TWWfcWl"* =gL *y JHp 1 mwH www wwwfflow mww ouwiw —g!gjig!* Here today, here tomorrow. Z >
      24 words
    • 41 29 It m rvMn i w aswg: S ..*'ll Craw 4 Fmrf tdNfcte _H MyFntffe 17 Mali Morton 3 Pvt cmmob ;u flWi Staff* Ga* w,n fate rlfi ammPtrt -17 num i mm .u Tr»port Diary L*.? NNSNT mt Sm GMAM V
      41 words

  • Page 30 Advertisements
    • 90 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS m V^. Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional
      90 words

  • Page 31 Advertisements
    • 1640 31 aa JAR DIN! SHIRfINC AGENCIES %«IIMM 200 cimwt tod #12-05 Sc.-x-t S.n#pon 0204 All IF# Td 2218U TELEX NO RS BVCTmW TERMINAL, CFS T« *****18 220 H I*C6w9 l BOOKINGS Td *****34 23S MSMftlI L%j SSS PENANG TEL *****4 TELEX NO MA4OO73ICFS TEL 34** Dedicated to wmrnm 4 i g^.
      1,640 words
    • 928 31 INDEX T^WRTCKS Pace Col P«®e Col o MISC 14 1-3 1 1 M'sia Shpf Corp 9 1/2 ABC Contsineriine 13 5 Mendelssohn 4 4/5 Accord Shpg 8 1-3 Mercury Line 12 2 Aibatros Sea-Air 14 S «MOL 18 4/5 APC Line 14 4 MOSK (Foresl) 5 5 •APL 5 3-5
      928 words
    • 2027 31 1 I W VaV I mJ H I I i H kf i «1 H I I r > Vmml Voy ETA I ETO 'Port *P»n®ng DESTINATIONS Singapore Ketang TYm* «Mk M—IIU» MMM CleaMg Time Fm* by |H9 S9B CV 11/1 0400 MRS M Faroe 8 on 10/9 2388 MRS
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  • Page 32 Advertisements
    • 1066 32 r T I I I I ROTTCROAM/ VOV WO WOM P. KELANO SOUTHAMPTON HAMBURG BREMENHAVEN ANTWgWP LE HAVWE 1 LIVERPOOL BAY 01/806 M 1/10 86/6 27/6 24/9 JO/9 TOCAQA BAY 11/606 M 26/6 27/9 30/8 KABUQA 11/806 IV6 1/10 2/10 4/10 1/10 7/10 CITY Of EOINBURQH 91/812 17/6 4/10 6/10
      1,066 words
    • 475 32 DIRECT SOUTH PflfilFlC CORAL 26/9 11/10 15(10 also accepting camo via suva to lauttma, paoo pmo, apia A NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CORAL 26/9 30/10 1/11 4/11 Also accepting Cargo to Cillao (Peru) via Vilpa Agente: SINGAPORE: SMO4OB VS. JAYA; 08-*****18 BOOPNOS: *****00 PENANO^JJIO7B^^JDHD2S®!«M^^ (ASIA-SOUTH PACIFIC
      475 words
    • 1251 32 ¥SI w siM un HMH REGULAR mOCPCNOCNT FULL COMTAMBR MRVICt WESTBOUMP FOR EUROfiB 1 "J, VSL/VOY SIN ALQ la Fa S[ S N. PRINCESS DB7-3 01/01 01,10 04A0 OIAO MM 01/ M MS 11M NORTH SEA (BIW ***** 02,10 0610 1010 1110 15/10 1410. M N. SINQA 9021-1 21*09 12/10
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  • Page 33 Advertisements
    • 1501 33 StjffSteamers Maritime Holdings Ltd tOj* P&O WW STRAITS shipping! Containers *V No |p Ktaif S><*» S'tofl H'buff B'luvw ITd-n Lak ACCEPTS DUE SAILS LIVERPOOL MY 01/30S T BHUM-OM# <*» DMO M W» M CARGO TOLAS* BAY 11/508 +CIT-O9OS OMB ?7» 2MB 30HB BINTANC BtLAIT VISE lint, Miri. KB Only In
      1,501 words
    • 1683 33 Sf> LH ROM HAM B'HVN FIX SPORE HK MO KM tU CMOYANC CHANCE (MM) 10/0 20/0 20/0 30/0 3/10 CMOYANC RAM Ml W 13(1 M(l W W HANJIN LEMAVRE 000W IS/0 3/10 4/10 VlO 7/10 0/10 HANJIN OAKLAND 00* 17/1 200 21/» 24/0 27/0 HANJIN FELIXSTOWE 004W 22fl 10/10 11/10
      1,683 words
    • 391 33 1 CTgW!ITTW!Tg!TTiniTTyr, STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPIOM TANJUNC ASEAN COSRNC TRADER EMAS TRADER CHALLENGER VOY NO 11 1* 4 1 S port SM In Pt Vtft lOfl P K«l*nf In Pt Ufi Ufi Penang Hong Kong Yokohama 23/1 30/1 n*!#** afl an Oukj Sonbofcu
      391 words

  • Page 34 Advertisements
    • 568 34 'I I CR NBR 1107******-0 EXPRESS SEMI-COHTAINERSMIP SERVICE mytoY sfonE roA«/ h'burg wemn Antwerp ADAM ssjssa g% as ss ss jr FAST TRAMS IT TIME accepting breakbulk/contamerised cargo BubMct to Muomt Ate ua|*ig orpbCMfilm, fori Sakl, Pori Atemdrte, Qw**, TrtMto. >LSb ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S UKPORTS. HULL,
      568 words
    • 717 34 /uS HAN JIN SHIPPING yy > FULL CONTAINER SERVICE S'part UNwrt R'tfam H'hur| B'Umm fttmm FEEDER VSL SIN UNE HAUL LAX OAK CHOYANG CHANCE 04M lOfl 20/9 29/9 30/9 2/10 3/10 CHO VANG PARK ONE 10/9 H CNEN) OME M 0 7/10 HANJIN LE HAVRE OOON 15/9 3/10 4/10 5/10
      717 words
    • 1230 34 t'i 111 W uE InattriMKKIIUmMTMaBTYDUttMMinCUNMIMnJIMwI lOUTITH-MI in ;ii IM iw ai w M »i wumMoanu w w ttinp wl IGATMH K4B 1« M M M M Ifll VU »l W Iflt 1«U )UI VI! W W W W1 W W W I (mmk-m 2M 0/1 Mi vm v* ni u/u
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  • Page 35 Advertisements
    • 957 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION OEPT: *****44/ *****14 MW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA [IM K.L.-(03) *****33, P.Ketong-(03) *****87, Penang-(04)
      957 words
    • 454 35 ANTWERP 13/9 KAOHSIUNG9/9 COLOMBO 7/9 BREMEN 13/9 KF n Nr q,g BOMBAY 9/9 HAMBURG 13/9 KttLUNb KARACHI 9/9 LEHAVE/LONDON 13/9 HONGKONG 7/9 MADRAS 10/9 FELIXSTOWE 13/9 A ~Q CHITTAGONG 7/9 GENOA 10/9 MANILA 7/9 CALCUTTA 8/9 MARSEILLES 10/9 B USAN 10/9 PVPVSmfVii^^HM ROTTERDAM 13/9 BANGKOK 7/9 JAKARTA 9/9 7/9 ITOKYO
      454 words
    • 1252 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ 3219 a DISCHARGING FROM EASTBOUND LOADING FOR WESTBQUND VTT«" VOTABI |SWB [MANILA NKONB" WTAg IWW mLANC MBURC BHAVtN TILBURY tl l Aw I
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  • Page 36 Advertisements
    • 1366 36 IJ \l£\ K line KAWASAKI KISEN KAISHA. LTD. I exporrr w. America PAfiwr south-west rmpowt n america pacific sowh-wctt j ///rta s s SSr 081 T S fSI 1 2rru ?tb® atl a '2S IS S£oW£ W B»iDC£ 10 MO 10/10 1110 S.lO 111 MACKINAC BfttDQf 31 15/1 21/1 23/1
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    • 1079 36 PHILI-ORIENT LINES PTE LTD M 1 (The Complete NVOCC Package) 1( «rn 8 SEPT MONTREAL OTTAWA, TORONTO, vancouver, s"western ontario. 'n I CHARLESTON, CHICAGO, 7 SEPT DUBAI, DAMMAN, KUWAIT, DOHA, I LONDON, THUNDER BAY, WINNIPEG, 6 MUSCAT, BAHRAIN, ABU DHABI, I REG IN A, SASKATOON, 20 SEPT SHARJAH, JEDDAH CALGARY,
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  • Page 37 Advertisements
    • 1565 37 agaaPlf pacific international lines (PTE) ltd m Jf Jfcp PH. BuHding, 140 Cectt Street HKXHX), Singapore 0106. voy sin jkt sin vessel voy sin bkk sin EOCN ton 7/8 w 14/9 PEGASUS PIONEER 97N Slt 11% 11/9 DELTA MAS 171S M 11/9 It/t KOTA BINOA 29N M IA 1M KOTA
      1,565 words
    • 1065 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint liLl Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CGNTWBIT VESSEL |VOY SPORE PKLANG S'HAMPTOW| HAMBURG B'HAVEN R'DAM L"HAVRE Uverpooi Bay' 01/505 6/9 1/10 25/9 27/9 2A/9 30/9 Totaga Bay f 11/509 Via Clt 26/9
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    • 54 37 (National Carrier of Jordan, JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS v«»fi/vov Itgmawi Isandakan sin row HodMdrt, FORTUNE BETA 5/9 12/9 20/9 JEDOAH, JFOO7W AOABA LOAD FM E. M'SIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT Genefal Agents: BEN LINE AGENCIES (S) PTE LTD. L Tel: *****22
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    • 327 37 MYANMA M FIVE STAR LINE ■V (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang P«n MERGUI VIOIW 04/07 SEP MYOMA YWA VI3OW 10/13 SEP HPA-AN VIS4W 07/10 SEP PAGAN VI6IW 14/tt SEP PATHEIN VIOSW 19/22 SEP THE BANK UNI (A nrvic« O* Andrew W*r Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT
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  • Page 40 Advertisements
    • 799 40 <]Sg|jFngg|H^ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN I FLX I BRV ROM ANT HBG RST EUROPEAN SEN WTB37 1/1 1/11 3/M 5/10 7/M 1/10 H. CEOELSKI NT 12/1 4/14 1/10 7/10 1/10 14/10 TOKYO SEN WF444 14/1 11/14 12/14 13/14 15/
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    • 1443 40 LOADING TOW LOADING FOR BUENOS AIRES VESSEL SPORE CM DM lAIKIS MVIDEO *10 STS VIT PACUA H SAOANA SM «l W W J/M WO U/M V.MHJ C iSAtll I*lo 14*10 21IV tfll 12/11 mi VJWJ MOSTWEENI imi 23/11 VU 17/U 20/U M/U V.TRA DISCHARGING FM BRAZIL ONLY SPORE NNL MH
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    • 1286 40 te ts 3 n *3? CHINA OCEAN SHIPPING COMPANY TEL: 2X1900 FULL CONTAINER LINER SERVICE TELtX H* Sib 05 CR NO: *****t*****M CABLE: General Agents: GOSTAR SHIPPING PTE LTD VESSEL/VOT SCP FIX ROT HAM ANT DUK VESStLVOT FIX NOT NAM AMT HUE SCP uao he/kw mm v/m nm m» am
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  • Page 41 Advertisements
    • 977 41 BR TSBBS iii Wi w TEL: *****33 (12 Unaa) HI PAX: *****15/*****03 IMI TELEX: R8 ***** RIBHIP (3 Unaa) I® ETHIOPIAN SNIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA IIOAWNQ POH WH NETSANET 20W8 30/10 OAAESSALAAM MOMBASA. OJWOUTI ASSAB. MASSAWA. HOOCOAH ANOtNET 21WB IS/11
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    • 768 41 taRM p T* MASKAPAI PELAYAEAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OTTWRE, INDONESIA, MAIAVSIA A THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL VOY SIN JKT PAi SIN PUL BAHAGIA
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    • 569 41 BANGKOK CEBU/MANILA J [vma jwr I HBBWBW I torn* hose. NANTA BHUM WN IMB i* SM KITI BHUM WE 7/1 U» IV L MAMABNUMB M 8 Smb >/> N»B U/l SO ORIENT CT W Iff I NANTA BHUM MN Nrt 12* SM 15/9 KITI BHUM ME 21/9 27/ I US
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    • 298 41 XI I H I M WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: mv 'tnt express' ETA 21/9/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN _V»j W» Fh Mw M fmtfUtr U» fpw TUT EXPRESS 110 OH
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  • Page 42 Advertisements
    • 1705 42 fEEfc, BLUE STAR UNE II SINGAPORE TO jjNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL Jk LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK IYT MA NO AM A tt® llSe* 3
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    • 796 42 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax Wo: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)"" SINGAPORE TO WEST MALAYSIA* SINGAPORE TO SABAH *ma Iwt Era |«t una m eti wt KIM SOON LI 35/90E 8 SEP PENANG
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    • 310 42 IRANIAN SEE VICE iinwiri LaaMng torIRAN EM SAN JO/WC Mh Ateas IRAN TEYFOURI 4flflO Banter AMm EaesMMM Um Bf Nudes) IX WEST CMST/MEXn/Camuy. n—urn cmtmer wh» HM LI ENSUIAOA ICARKNAS S C*U2 ■AIBAMUXO MMtLOS VU 2M |M COtittA ¥27 M um tn» Ml Ml in* KWTwn it/I IVM ant lint
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  • Page 44 Advertisements
    • 5 44 [EXECUTIVE I I JOBS I
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    • 94 44 1555, tUHI)Hfc/S.E.A. BREAKBUIK SERVICE 4ft VESSEL MARINE UNIVERSAL ANTWERP 26/7-3/8 PORT KELANG IN PORT SINGAPORE 6/9 PASIR GUDANG 9/9 SURABAYA iQiuEiwßyLK LINE KKU SIN PKL OESTN YAN N IS/***** Sid SM FLU/ANT/UK/NTS ACROPOLIS/***** SM SM SM FLU/ANT/UK/NTS SINGA SKY/***** 10/9 14/9 FLU/ANT/UK/BFS VEgftitm m tIA LLC PHTIHATIBW ■ft* HO 1
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    • 76 44 REGULAR CONVENTIONAL SERVICE TO CHINA V«m* S'por* P. Gudang Pwi For USNUI In PI HUAMGftj GUAACSHUI VI HUANGPU/XIAMEN/SNANGHAI OAK 1/9 15/5 HUAMGFU OA DONG MAI In Pt HA HAKAO JIANCMANG Ifl HUANGPU/XmGANG/QINGOAO SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RO, #06-00 KHENQ CHIU BLOG. TEL: *****74/*****03/*****17 FAX: *****40 TLX RS
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    • 45 44 «Trf: 5343*27 Fax: *****30 Tlx: R8 ***** NET CO CR Ma- 1177iftMAAAtf vtwii vov wo. mm uaa cai ILOVIK 103CNB 03AM 08/08 ALCOR 126N 04/06 09/06 TIGER CREEK 104CN8 00/09 14/09 TIGER RIVER 127N 00/00 16/ ng ILOVIK 106CNB 15/00 20/09 ALCOR 120N 15/09 20/06
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  • Page 45 Miscellaneous
    • 377 45 TIDES AND WEATHER TOMYtTWC* (imht in imtrw) IWil«IWIIB«M0ll4ll««l0lll70l«»«lilll01Wll«0U0ll40ll*lli»17»l«lll0l«lia«a»a« JR 2i 2.1 14 14 04 04 0.4 OJ LI 1J 13 15 24 12 1.7 L 2 OJ OJ 0.1 L 2 L 7 24 2J 11 n UUU U U 04 04 07 11 14 13 24 24 2.1 1.7
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  • Page 46 Advertisements
    • 385 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL A" SHIPPING CORP., KARACHI. INDONESIA i MALAYSIA KARACHI MIDOLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANQ PENANG TBN 28/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK T\NN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8
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    • 704 46 ▲HYUNDAI MERCHANT MARME CO. LTD. EABTBOUNO TO USA WESTBOUND FROM USA TO PBW VOY I SIN I HKC ISM OAK SCA CXI FROM PSW VOY LSH OAK SEA HKC SIN HYUNDAI INNOVATOR 3X 0000 13/00 01/10 3/10 00/10 08/10 HYUNDAI PIONEER 33W 31*7 03*0 05*0 WOO 02/00 HYUNDAI EXPLORER ME
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    • 589 46 ALL SET MARINE IASHiHv CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: R8 ***** ALLABH FAX: *****61 ng MMIHa ■■NMr I SMIUUI IOAKINQU IOAI ICtt) INON INTCI MW HIMUKINO" 51" AUMMWIIIOW VJM Mfl I» I y»| V» |fM| VM |m|VM w| OUR UBA iunca naMwwo tjm r$ uxmron tihjmhi 75a IWI vm|
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