The Business Times, 13 November 1990
1990-11-13
1
46
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The Business Times
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Title Section10 1990-11-13 1 Business Times MCI (P) 170/12/89 Tuesday November 13 1990 75*10 words
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NEWS SUMMARY
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92 1990-11-13 1 BORIS YELTSIN yesterday accused Soviet President Mikhail S Gorbachev of trying to pressure his Russian Federation into ceding economic powers to Kremlin. The two men met on Sunday for four hours of what were intended as peacemaking talks. But Yeltsin came out92 words
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Article27 1990-11-13 1 ACCOUNTANTS in Asean countries have been urged to develop a uniform financial and accounting standard for corporate disclosure in the various Asean countries. Page 227 words
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Article25 1990-11-13 1 TWO technology centres have been set up in the Singapore and Ngee Ann polytechnics to help local enterprises develop and upgrade Page 225 words
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Article29 1990-11-13 1 THAILAND'S medium-term economic growth will fall to single figures because of high oil prices and global recession, say several Thai economists at a conference Page 829 words
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Article33 1990-11-13 1 FOREIGN CAPITAL withdrawn from the Philippines reached US$l9O million in the first eight months of the year, a 342 per cent rise over the same period last year. Page 833 words
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Article36 1990-11-13 1 SOUTH KOREA, named one of the four Asian "dragons" because of its spectacular economic expansion, fared less well this year and will likely face even harder times next year, say analysts Page 1136 words
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Article22 1990-11-13 1 THE MIDDLE EAST crisis is likely to help sustain a new wave of oil exploration underway in Australia Page 1322 words
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Article25 1990-11-13 1 THE STAGE is set for budding film-makers in Singapore to express themselves and win some decent money for a change Page 1725 words
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Article39 1990-11-13 1 THE Singapore National Shipping Association has asked the PSA to defer its proposed move to register all bunker suppliers in the Republic until the association gathers more feedback from the industry. Shipping Times Page I39 words
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MARKETS SUMMARY
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Article23 1990-11-13 1 THE DOW JONES index of leading industrial shares gained 10.40 points to 2,499.01 in the first five minutes of trading yesterday.23 words
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Article42 1990-11-13 1 LONDON share prices were higher at midday yesterday, after reports of a drop in retail sales prompted expectations of a cut in interest rates. At 1217 GMT, the broad-based Financial Times-Stock Exchange 100-Share Index was up 8.8 points at 2,049.4.42 words
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Article19 1990-11-13 1 SUMMAVEST further cut its losses in the first half year ended on Sep 30 Page 319 words
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Article27 1990-11-13 1 AT&T and NEC have emerged as the winners of a bid for a multi-million-dollar telephone network expansion contract in Indonesia Page 427 words
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Article31 1990-11-13 1 THE US SECURITIES and Exchange Commission is preparing to provide federal savings regulators with information from its four-year investigation of Drexel Burnham Lambert, say sources. Page 631 words
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Article28 1990-11-13 1 IN LINE with aluminium's growing importance on the London Metal Exchange, the LME is planning to add three new features to its aluminium contract Page 728 words
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Article, Illustration28 1990-11-13 1 Monday Change BT-MGA 548.40 3.66 Kuala Lumpur ....469.45 +1.40 Hongkong 2,949.56 +16.64 Tokyo Closed Sydney —1,335.6 +6.8 Friday Change New York 2,488.61 +44.80 London 2,040.6 4.428 words
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Article21 1990-11-13 1 Exchange rates USS S$ 1.7070 Yen SS 1.3269 MS S$0 6322 Money market rates Overnight 6 -3/4 3-month 6-5/8 unch21 words
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Article36 1990-11-13 1 London Gold AM fix US$381.90 -US$2.95 Rubber S'porc Dcc 155.00Vkg +1.00 M'sia Dec 240.50*/kg +0.5 KL Tin Turnover 67 tonnes +44 Spot M$ 16.327kg +0.08 Crude palm oil Turnover 1.050 lots -539 Nov M$754/tonne -II36 words
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573 1990-11-13 1 Anna Teo - Concern over sharp drop in growth of commerce sector By Anna Teo BUSINESSMEN are bullish about a 7-7.5 per cent growth in the current quarter a performance that will close the year around the official forecasts of 8.3 per cent. Third-quarter economic results released over the573 words
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Article, Illustration310 1990-11-13 1 William Chia - By William Chia AFTER WEEKS of speculation that Electro-Magnetic (S) *d founder and managing director Steven Chan could not agree with the company's major shareholder, Asia Investment Holdings (AIH), EMS has temporarily suspended Mr Chan from his managing director's duties. EMS announced yesterday that this310 words
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186 1990-11-13 1 AFP THE DEPUTY foreign ministers of Cambodia, Laos and Vietnam met in Vientiane last week to discuss policy ahead of an international meeting on Cambodia, diplomats in Phnom Penh disclosed yesterday. Cambodia's Sok An, Soulivong Prasithideth of Laos and Vietnam's Tran QuangAFP - 186 words
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460 1990-11-13 1 The Gulf Crisis Agencies IRAQ has put forward conditions for participation in a proposed Arab summit that may prove acceptable to many of its fellow Arab League members. While not specifically rejecting Sunday's call for a summit by Morocco's King HassanAgencies - 460 words
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170 1990-11-13 1 THE EXTRA quarter-month bonus for public sector employees will cost the government about $37 million. All in, the total 2%-month bonus payout this year for 130,000 public officers will amount to about $421 million. The dollar value of total public sector bonuses is based170 words
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Article, Illustration350 1990-11-13 1 Lee Han Shih - By Lee Han Shih THE biggest land sale 126 hectares in Singapore has attracted the interest of more than 80 parties, including Natsteel, Tanah Merah Country Club and a host of Japanese companies. They collected documents from the Singapore Tourist350 words
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Page 1 Advertisements
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Advertisement157 1990-11-13 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Changer Rates —27 World News 11 Commodities 26 Money Market 25 Cryptic Crossword 27 Regional News 8 Editorial 12 Regional Stock Markets 24 For market indices, editorial. Financial News 7 SES 20. 21 advertising and circulation ex Futures Options 25157 words
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Advertisement9 1990-11-13 1 EMS hit by problems in US market, Pg 39 words
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Advertisement8 1990-11-13 1 King Hussein thinks Iraq is softening, Pg 158 words
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Advertisement175 1990-11-13 1 Nikon The World's Finest Photographic System. Singapore scores as good low-risk business site, Page 2 SI .9 'J* 'IfSH mil Hi iw.' ADVANCED TECHNOLOGY Hfc FROM BROTHER The HL-8e laser printer is fast quiet and easy to use. offers outstanding performance and mk features the latest laser engine and a175 words
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HOME NEWS
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NEWS ROUNDUP
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124 1990-11-13 2 US-BASED oil company Esso is pumping more than $10 million into an upgrading project to modernise its lube-oil blending plant in Jurong. Except for the re-building of five petrol kiosks, the project is the first major one to be undertaken by the oil company124 words
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Article77 1990-11-13 2 ASEAN countries should develop regional guidelines to assess and manage the environmental risks of industrial projects, said Environment Minister Dr Ahmad Mattar yesterday. He was speaking at the start of a workshop on risk assessmertt and the management of chemical hazards. The workshop seeks to forge some77 words
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Article61 1990-11-13 2 THE Radiation Protection Act 1990 was presented last week in Parliament. It seeks to control the import, manufacture, sale, disposal, transport, storage, possession and use of radioactive materials and irradiating apparatus. It provides for the appointment of a Director of Radiation Protection to see to the enforcement61 words
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Article67 1990-11-13 2 COMPUTER-AIDED learning (CAL) will be available on a wide scale through Teleview when the Singapore Teachers' Union completes its project to marry CAL material with Teleview. Senior Minister of State for Education Dr Tay Eng Soon said Teleview is suited for education because of its interactive and67 words
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Article72 1990-11-13 2 DELEGATES from various Asian countries will present papers on their respective government's computerisation policy in a conference to be held tomorrow. About 16 information technology planners will be speaking. The conference is jointly organised by the National University of Singapore and University of California, Irvine. It72 words
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Article62 1990-11-13 2 THE search is on for the cream of Singapore's tourism industry. The Singapore Tourist Promotion Board is calling for nominations for the 1990 Tourism awards which seek to recognise excellence in service. There are three additional awards this year best travel article (non-English), best leisure attraction62 words
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636 1990-11-13 2 Anna Teo - Political Economic Risk Consultancy report By Anna Teo IN SPITE of being weighed down by factors such as an unprecedented leadership transition and a costly labour force, Singapore continues to earn top marks as a low-risk business location, second only to Japan among636 words
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Article204 1990-11-13 2 S*Pore jewellery, the local brand of jewellery which has seen $11 million in sales in Japan since being launched there in January, will be sold here later this month. Jewellers such as Je Taime, BP de Silva and De' Fred Jewellers will carry the204 words
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205 1990-11-13 2 FOREIGN AFFAIRS Minister Wong Kan Seng yesterday called on accountants in Asean countries to develop a uniform financial and accounting standard for corporate disclosure in the various Asean countries. "Uniform standards will set the stage for cross-listings of stocks across different Asean exchanges and provide205 words
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210 1990-11-13 2 TWO technology centres have been set up in the Singapore and Ngee Ann polytechnics to help local enterprises, especially smallmedium enterprises (SMEs), to develop and upgrade. The Technology Transfer Centre (TTC) of Singapore Polytechnic and the Ngee Ann Industry Technology Transfer Centre210 words
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Page 2 Advertisements
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Advertisement106 1990-11-13 2 d T GOOD THINGS SERVED IN AN ESPECIALLY IF A DINERS CLUB CARDMEMBER DINING your during the month of NOVEMBER. FOR STARTERS. YOU AND YOUR GUESTS WILL EACH RECEIVE TWO SML BOTTLES OF GILDA PERFUME.COMPLIMENTS OF HOUR GLASS FRAGRANCES. FOLLOWED BY COMPLIMENTARY DESSERT ALL ROUND. AND FOR A CHARGE AMOUNT106 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article607 1990-11-13 3 William Chia - Difficulties with major US customer and exclusive agent Big jump in returned and rejected rate of products By William Chia VIDEOTAPE maker ElectroMagnetic (S) Ltd's main problems arose from difficulties encountered in its dominant US market as well as a big jump in607 words
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255 1990-11-13 3 Yong Pow Ang - By Yong Pow Ang SUMMA Investments (Summavest) has further reduced its losses, along with declining turnover, in the first halfyear ended Sep 30. Operating losses were stemmed, from $4 million last year to $344,000 in the period reviewed. Turnover shrank to $7.8 million, a drop255 words
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378 1990-11-13 3 Bernama CONSOLIDATED Plantations Bhd says it will make an extraordinary gain, after property gains tax, of M$ 159 million from the proposed sale of its 480.19 hectares of agricultural land in Seafield and Damansara to Sime UEP Properties Bhd. Consplant saidBernama - 378 words
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226 1990-11-13 3 UNITED STATES-BASED Saloman Brothers plans to expand its local activities from research into equities and corporate finance, following an upgrading of its representative office to a wholly-owned subsidiary. The upgrading came after the Monetary Authority of Singapore (MAS) granted it a dealer's licence, said226 words
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373 1990-11-13 3 Bernama PACIFIC CAN Investment Holdings and Uniphoenix Corporation Bhd have set up a 50:50 joint-venture holding company, Uniphoenix Pacific Holdings Sdn Bhd, to further expand their manufacturing activities in the packaging sector. Uniphoenix managing director Datuk Seri Abdullah Mohamcd said in KualaBernama - 373 words
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309 1990-11-13 3 Yong Pow Ang - By Yong Pow Ang HAW PAR Brothers International yesterday denied press reports that its Tiger Balm products have been banned in Malaysia because of the high level of camphor. But it said the products will be sold in the future with309 words
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212 1990-11-13 3 Bernama THE completion of Faber Merlin's restructuring exercise, targeted for the end of this year, will place the group on a strong financial footing, said its chairman Abdullah Mohamed Yusof. He added in the company's 1990 annual report that this would enable theBernama - 212 words
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COMPANY BRIEFS
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86 1990-11-13 3 THE Siong Huat group, through takeover vehicle Unicentral Corporation, has acquired 65.2 per cent of Singapore Fodder Company (SFL), making its offer to acquire SFL unconditional. OCBC Bank announced yesterday that it has received on behalf of Unicentral acceptances in respect of86 words
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Article153 1990-11-13 3 TRACTORS MALAYSIA Bhd shares will be suspended from trading from Nov 30 until further notice to facilitate a stock split of the 54 million Msl shares outstanding into 108 million 50-sen shares, the Kuala Lumpur Stock Exchange said. In an announcement relating to Tractors' recently153 words
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Article68 1990-11-13 3 KAMUNTING CORPORATION Bhd said its sale of Msl million Sanwin Sports (KL) Sdn Bhd shares to Mulpha International Trading Corporation Bhd was completed on Nov I, 1990. It told the Kuala Lumpur Stock Exchange that the consideration was MsBBi,BlB, based on the net tangible assets68 words
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Article76 1990-11-13 3 PEREMBA MARSEC Sdn Bhd says it is now a substantial shareholder in Landmarks Bhd, holding a total of 41,355,664 shares in the latter. Stating this in a Form 29a declaration on the interest of a substantial shareholder, Peremba Marsec said the shares, acquired on Nov 8, were76 words
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Article139 1990-11-13 3 SHAREHOLDERS of the North Borneo Timbers Bhd with share certificates numbering between *****01 and *****56 should return them as soon as possible to the registrars, M&C Services Sdn Bhd, and exchange them for new ones. The company said in statement that share certificates with numbers *****57139 words
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Page 3 Advertisements
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Advertisement335 1990-11-13 3 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 place in the permanent collection of the Museum of Modern Art. Vet, the335 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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Article102 1990-11-13 4 TOOTH and Co Ltd will cut debt by A 5423 million as a result of the sale of its Penfold Wines Pty Ltd subsidiary to SA Brewing Holdings Ltd. "The sale is a significant first step in the reconstruction of the Tooth group," Tooth102 words
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Article63 1990-11-13 4 TOYOTA Motor Corporation, Japan's biggest car maker, said on Friday a solar-powered car it built was about to be issued number plates and become the first solar car to be registered in Japan. Christened "Rara II," the one-seater car weighs 210 kg, can travel at a maximum63 words
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Article81 1990-11-13 4 A PROMINENT real estate broker has quit the troubled subsidiary of Japan's scandal-ridden Sumitomo group amid growing criticism over his role in the company's excessive property-related business. Suemitsu Ito resigned voluntarily as managing director in charge of real estate at Itoman Co last Thursday, Itoman81 words
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Article309 1990-11-13 4 AFP INDONESIA has named American Telephone and Telegraph (ATT) and Japan's NEC Corp as winners of a multi-million dollar telephone network expansion order, press reports in Jakarta said on Sunday. Cacuk Sudarijanto, president director of the state telecommunications company, Perumtel, announced the decisionAFP - 309 words
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108 1990-11-13 4 THE MAH Boonkrong Group has begun preparing two of its affiliates for listing on the Stock Exchange of Thailand in a move to wipe out the remainder of its 8t2.5 billion debt. The Nation reported last Friday that the move comes after new108 words
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299 1990-11-13 4 THE HONGKONG Stock Exchange has dismissed allegations that it had mishandled the International Tak Cheung Holdings (ITC) case. The South China Morning Post reported over the weekend that in response to queries from dissatisfied brokers, the exchange's acting chief operating officer. Miss Susan299 words
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Page 4 Advertisements
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Advertisement103 1990-11-13 4 You'll be glad to know that from 1 st January '91 we're reducing the cost of IDD calls. To lower the cost of doing business from Singapore, we'll be reducing next year's rate charges for calling IDD to Australia Canada, China, Germany (West), Hong Kong, The Netherlands, South Korea. Sweden,103 words
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Advertisement162 1990-11-13 4 I >-~t£' 4P hi" "i J- MT^^^H^*lHK?Tr*j|J||^^KljßQH^^^BH w Mm a v pQHHT^ A *^^*WRPP(PSB| The ideal getaway this festive season. .■JigaaaSf MS 173 nett/pcrson. 3 Days/2 Nights. ffSffiV Twin Sharing. i<p} American Breakfast (2 Daysl. Welcome Drink. < s&.-.SO'-f Discount tor children accompanying parents (inclusive American Breakfast and extra bed).162 words
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Page 5 Advertisements
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Advertisement126 1990-11-13 5 Bfe--o?4c. f t::f "J ■M&0:. Choose the Mazda Prcm in ni^— jPI -.g^^^il^i^.drivii^.in Phuket .Z 1 j*' 'kr .jm mt d j*r i%. i'. f*/ ?V r r -4 7 r T-" J U T '-j* m t*' L:, >* /w\ r r v > v -r„:. •-v > V',126 words
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INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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102 1990-11-13 6 BRITISH GAS pic is bidding US$3 billion for Union Texas Petroleum Holdings Inc, a large independent American oil and gas producer, the London Sunday Times newspaper reported. The report said British Gas was seeking to expand overseas as competition has grown in the102 words
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Article65 1990-11-13 6 THE UNITED Steelworkers of America said contract talks with USX Corp have been recessed following a company proposal that fell far short of settlements the union has reached with other major steel companies. The union's chief negotiator, Andrew Palm, said the union was disappointed by the company's65 words
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Article102 1990-11-13 6 FARAH Manufacturing Inc said in El Paso, Texas, it expects to report a substantial loss for the year ended October 31, whose results will be reported in six weeks. In fiscal 1989, Farah earned US$ll.6 million or US$l.B6 per share on sales of U*****.1 million. Farah102 words
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Article114 1990-11-13 6 BRITISH Prime Minister Margaret Thatcher was informed by Rupert Murdoch, chairman of News International on October 29 about the planned merger between Murdoch's Sky Television and British Satellite Broadcasting (BSB), a spokesman for the Prime Minister's office said. "Mr Murdoch told the Prime Minister that Sky114 words
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Article64 1990-11-13 6 DAIMLER-BENZ AG and the Bonn government plan talks on offsetting currency losses at Daimler unit Deutsche Airbus GmbH, Der Spiegel magazine has reported. No comment was immediately available from Deutsche Airbus on Sunday, but spokesman Josef Grendel said last week the aircraft maker "would not64 words
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Article, Illustration516 1990-11-13 6 NTYT THE US SECURITIES and Exchange Commission is preparing to provide federal savings regulators with information from its four-year investigation of Drexel Bumham Lambert Inc, according to sources directly involved in the case. The move is intended to enhance the ability ofNTYT - 516 words
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444 1990-11-13 6 Reuter A BRITISH court-appointed administrator of failed business empire Polly Peck left Northern Cyprus emptyhanded on Saturday, denied access to the group's firms in the Turkish side of the divided island. Administrator Richard Stone was blocked by the government of the self-pro-claimedReuter - 444 words
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333 1990-11-13 6 Reuter WHEN the two firms spearheading satellite broadcasting in Britain decided to merge early this month, European hopes of leading the world in high definition television (HDTV) technology suffered a severe jolt. The betrothed companies are consortium-owned British Satellite Broadcasting (BSB) andReuter - 333 words
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Article148 1990-11-13 6 Reuter US OIL COMPANY Mobil Corp will pay damages of US$l3 million to Iran in settlement of several claims stemming from the 1979 Iranian revolution. "Mobil has settled various claims with the Iranians and will pay the money to the National Iranian Oil Company,"Reuter - 148 words
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351 1990-11-13 6 Reuter ANGLO-DUTCH consumer products group Unilever has announced a lower-than-expected rise of 8 per cent in pre-tax profits for the third quarter, with weak US results undermining a strong performance in Europe. Profits, disclosed in London last Friday, rose to £488 million (US$956Reuter - 351 words
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315 1990-11-13 6 NYT AMERICAN Telephone Telegraph Co is expanding its programme of offering deep discounts to the largest corporations and institutions despite a federal appeals court ruling on Oct 23 questioning the discounts 1 legality. In a decision last Thursday, the Federal Communications CommissionNYT - 315 words
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Page 6 Advertisements
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Advertisement151 1990-11-13 6 Prime Freehold Retail Units 3800 sq ft, 3rd Level Tanglin Shopping Centre FOR SALE BY TENDER CLOSING DATE: 28 NOV 1990 For Inspection and Tender Documents, please contact: SHOWROOM FOR LEASE The Building: The Outside: Three Rifles Building, Ample parking space with both 5 Harper Road, Singapore 1336. basement and151 words
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Advertisement180 1990-11-13 6 TAKING A HOME L®AN MOVE IN THE RIGHT DIRECTION. Yflg im\ Vou've made a major move by deciding to buy a borne. JLI 1 iRkHS Your next move: take a home loan. And to this key decision, consider Singapore's foremost borne loans specialist. Credit POSB Be it a house or180 words
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FINANCIAL NEWS
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524 1990-11-13 7 Shoeb Kagda - 6th International Aluminium Conference By Shoeb Kagda THE LONDON Metal Exchange (LME) will add three new features to its aluminium contract in the near future in an effort to reflect the metal's growing importance to the exchange. Speaking at the 6th524 words
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269 1990-11-13 7 THE Bank of Thailand has told commercial banks to increase lending to priority economic sectors and smaller borrowers, The Nation quoted Thai Finance Minister Virabongsa Ramangkura as saying. On Thursday, he gave to the central bank governor, Vijit Supinit, policy guidelines to pass to269 words
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SMALL CHANGE
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116 1990-11-13 7 BANK OF ENGLAND governor Robin Leigh-Pemberton is prepared to agree to the draft statutes of the proposed European central bank, the London Financial Times said. But the paper said in a front-page story that he would express British reservations about the project. European116 words
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Article80 1990-11-13 7 NATIONAL AUSTRALIA BANK managing director Don Argus said there was room for a one percentage point cut in official Australian interest rates. Mr Argus told a television interviewer on Sunday that the impact of high interest rates had been tough on smaller manufacturers. He80 words
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Article81 1990-11-13 7 SWEDISH INSURANCE GROUP Trygg-Hansa Holding AB said it will acquire 48.5 per cent of the voting rights and 43.5 per cent of the share capital in banking and financial group Gota AB. It said in a statement in Stockholm yesterday that it will form a new81 words
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Article113 1990-11-13 7 AUSTRALIAN CREDIT GROWTH as measured by intermediaries' credit to the private sector rose 0.2 per cent in September compared with rises of 0.3 per cent in August and 0.9 per cent in September 1989, the Reserve Bank said in Sydney yesterday. It said in a statement113 words
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386 1990-11-13 7 Reuter JAPANESE banks and finance houses in Switzerland, facing major losses from the collapse of the Japanese equi-ty-linked capital market this year, are cutting costs and looking for other sources of income. Last year, Japanese financial institutions rode the crest of a waveReuter - 386 words
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Page 7 Advertisements
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Advertisement201 1990-11-13 7 ,xl—X— Capital flow in accordance to the heights of interest. For the New Accord you can bank on it for capital gain. As market forces would dictate even in the current state of affair of the quota system. the New Accord will always be known to hold on to its201 words
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Page 7 Miscellaneous
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Miscellaneous16 1990-11-13 7 Dollar$ Non$en$e L LI ,U-| v Mwtfbffe* "Miss Dobson. get somebody from security up here, pronto!"16 words
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THE REGION
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NOTE BOOK
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102 1990-11-13 8 AFTER considerable delay caused by the wrangling between the exchange authorities and the Fiscal Policy Office over share divestiture. 15 companies the largest block ever to seek listing at any one time are pushing ahead with their plans to be listed on the102 words
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Article98 1990-11-13 8 AUSTRALIAN retail sales rose 0.1 per cent in September to A 57.19 billion seasonally adjusted after rising 2.5 per cent to A 57.18 billion in August, the Statistics Bureau said. This compared with September 1989 when retail sales rose 1.6 per cent from August to98 words
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Article66 1990-11-13 8 AUSTRALIA said yesterday it would establish direct air links with Taiwan and increase trade and investment, but would continue to view the island as part of China. Australia would continue to recognise Beijing as the sole legal government of China and acknowledge its claim that Taiwan was66 words
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Article89 1990-11-13 8 THE United States is seeking a 10 to 12-year "transition period" to phase out its control of military facilities in the Philippines, a US embassy official said in Manila yesterday. A spokesman for the US panel in the base negotiations which began in May, also89 words
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Article86 1990-11-13 8 VIETNAM'S October export revenue rose 13 per cent from the same month in 1989, the state-run Vietnam News Agency reported. VNA said Vietnam had a 5.8 million rouble trade surplus in October with socialist countries and a U5529.2 million surplus with non-socialist countries. The highest increases86 words
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Article78 1990-11-13 8 THAILAND'S consumer price index (CPI), base 1986, rose 2.0 per cent to 122.0 in October against a 0.4 per cent increase in September, the Business Economics Department said. It said the CPI year-on-year increase was 6.0 per cent in October against 4.5 per cent in September78 words
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462 1990-11-13 8 AFP THAILAND'S medium-term economic growth will fall to single figures because of high oil prices and global recession, Thai economists said at an international conference in Manila. Real gross domestic product (GDP) growth for 1990 would be about 9.55 per cent, dipping to 6.49AFP - 462 words
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422 1990-11-13 8 IF the current round of trade talks under the General Agreement on Tarifs and Trade (Gatt) break up in acrimony, more of Hongkong's garment companies could go to the wall, says the Sunday Morning Post. The assistant directorgeneral of trade in Hongkong, Patrick Lau422 words
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131 1990-11-13 8 AFP FOREIGN CAPITAL withdrawn from the Philippines reached US$l9O million in the first eight months of the year, a 342 per cent increase over the same period last year, Central Bank data showed. From January to August this year, net foreign investments stood at US$272AFP - 131 words
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203 1990-11-13 8 Reuter WESTPAC Banking Corp said a sharp fall in its leading index in September showed an economic recovery in Australia was unlikely before mid-1991. The index, which measures where the economy is headed, fell 1.1 points in September from August to 124.1.Reuter - 203 words
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Article, Illustration49 1990-11-13 8 FIFTY THOUSAND Japanese leftist union workers staged a rally in a Tokyo central park on Sunday to protest against Emperor Akihito's enthronement ceremonies. The demonstrators denounced the government's decision to fund the ceremonies which will cost taxpayers 123 billion yen (US$95 million). Reuter picture Reuter pictureReuter picture - 49 words
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Advertisement359 1990-11-13 8 Introducing Hexagon: the global electronic market reports and analysis to help you make well-informed decisions .1 i i ahead of the competition. And what better tool for decision-making i —y? x/ i ~i. u financial services system that puts the than immediate access to your updated corporate account balances SZj359 words
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Page 9 Advertisements
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Advertisement341 1990-11-13 9 4>.r t J 111 I x7i HHB|H F:r J 11 B> fl^H um f ■iiVHPHPPH phiups ahg "~r ~T- PHILIPS PC NOVELL NETWORKING THE LINK TO TEAMWORK IN YOUR BUSINESS. M* mm -9N* MM Tn-r- mmm iinmr «k «m» «mt mum mm> mm mm mm mk mwr mm mm In341 words
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Advertisement168 1990-11-13 10 PACIFIC PLAZA Ir X Nilkl /fl "V s \\s\ > v 3|> I ,£s .>j ~~s s 'I'/y/VV S S V V 1 t *>' y V V<\ t */V S S s //'Ys —N Nlss s i N S J\ 'V x v'vS s is N^sN fS^ x I,v168 words
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THE WORLD
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Article, Illustration311 1990-11-13 11 Broad agreement on 'anti-crisis' economic moves Reuter SOVIET LEADER Mikhail Gorbachev and Russian Federation president Boris Yeltsin have made progress towards settling a powersharing dispute that threatens to paralyse the country, says a Yeltsin aide. "They haven't reached a final agreement but theyReuter - 311 words
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468 1990-11-13 11 AFP SOUTH KOREA, named one of the four Asian "dragons" because of its spectacular economic expansion, fared less well this year and is likely to face even harder times next year, say analysts. On ihe surface, the country again appeared to prosperAFP - 468 words
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286 1990-11-13 11 Reuter TREUHANDANSTALT, the agency set up to privatise some 8,000 state-owned companies in what was previously East Germany is overburdened, in part because of differing government goals, says the Munich-based Ifo institute. Treuhandanstalt was torn between the demand that privatisations be speeded up and Bonn's generalReuter - 286 words
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174 1990-11-13 11 AFP BEIJING wants all government departments and local authorities to budget more rigorously in order to stay within spending limits for this year, according to ;he People's Daily newspaper. In what local observers said was fresh evidence of growing nervousness at the worsening budgetAFP - 174 words
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WORLD WATCH
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92 1990-11-13 11 THE RENOVATED German Communist Party (PDS) is to give up 80 per cent of its assets. Its president, Gregor Gysi, said in Berlin last Sunday that the decision meant his party was giving almost 90 per cent of its total assets to92 words
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Article80 1990-11-13 11 IRAN is seeking US$l7.5 billion in foreign credit for its five-year development plan, without turning to the International Monetary Fund (IMF). The governor of Iran's central bank, Mohammad Hussein Adeli, said last Sunday that the government would try to obtain the funds from parties offering the80 words
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Article74 1990-11-13 11 INDIA'S new Prime Minister, Chandra Shekhar, is to face his first serious test on Friday, when the Indian Parliament will vote on a confidence motion that could bring further instability to a country torn by religious and communal violence. President Ramaswamy Venkataram issued a74 words
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Article64 1990-11-13 11 FACED WITH dwindling profits and incentives, more foreign companies and investors are turning away from South Korea. Finance Ministry officials in Seoul said yesterday that during the first nine months to September, foreign investment amounted to a mere US$633 million, down from US$B64 million64 words
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Page 11 Advertisements
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Advertisement57 1990-11-13 11 CONTACT LENSES PHILIP D. IZAAC L C O (LOND) MEMBER OF THE BRITISH CONTACT LENS ASSOCIATION GWO BIN LIU (ROBIN) O D (DOCTOR OF OPTOMETRY USA) Consultation Hours: Mon To Sat: 10.30 am -700 pm Sun Public Holidays 11.30 am 6.00 pm PHILIP D IZAAC OPTOMETRIST-CONTACT LENS CLIMIC 02-26 Paragon57 words
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Advertisement285 1990-11-13 11 FIRST WORD LBP-H LASER BEAM PRINTER Advantage. That's what our LBP-4 is all about. To beat the competition by having the world's most powerful compact laser beam printer at your side. We have equipped it with CAPSL (Canon Printing System Language) the most sophisticated but easy-to-use controller which allows you285 words
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Article497 1990-11-13 12 EDITORIAL FRENCH Prime Minister Michel Ro card's reassurance that Europe will not neglect Asia as it moves towards a single market is welcome at a time when international relations are in a state of flux and the global outlook uncertain. The newly industrialising economies of Asia and497 words
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WHAT THE OTHERS SAY
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Article228 1990-11-13 12 OFFICIALS of the United Nations and seven individual countries arrived in Jakarta last week for talks to resume the international peace conference on Cambodia. They found the Cambodian parties still divided, especially on the leadership of the interim Supreme National Council. One aim in Jakarta is228 words
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Article122 1990-11-13 12 TOWN councils differ from government departments or statutory boards in that the leaders, who are Members of Parliament, are directly affected by general elections held once every four or five years. Town council performance will have a direct impact on the political future of the MPs.122 words
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Article134 1990-11-13 12 THE global environment conference in Geneva ended with merely an acknowledgement of the already known threat of the growth of carbon dioxide in the atmosphere. There was no landmark commitment to attack environmental problems on a global scale. The industrial countries are to be blamed for failure134 words
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REGIONAL VIEWPOINTS
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Article159 1990-11-13 12 PERHAPS we can breathe a small sigh of relief now that the European Community has agreed on a proposal for agricultural trade reform under the General Agreement on Tariffs and Trade. But perhaps a small sigh is a luxury. The proposal itself offers very little for159 words
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Article143 1990-11-13 12 THE 1.03 per cent increase in consumer prices last month, nearly double the average inflation rate during the previous two months, is worrisome indeed as the price surge took place amid concerted anti-inflation measures. Since the cumulative inflation rate during the first 10 months already has reached 9.14143 words
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Article, Illustration830 1990-11-13 12 Washington-Beijing relations may be chilly as a result of the Tiananmen massacre. But, it's business as usual in some quarters NYT Tiananmen Square. The mere mention of Beijing's biggest public plaza brings back horrific memories of the bloody student uprising that was staged there lastNYT - 830 words
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Page 12 Advertisements
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Advertisement36 1990-11-13 12 Am* m w k m ——1f k f i m Jfl m J-; /f you're an expert in your field you'll know that we're the expert in ours. p$M BEST VALUECALL: *****22 FOR ENQUIRIES. FAX: *****6536 words
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Page 12 Miscellaneous
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Miscellaneous102 1990-11-13 12 DOONESBURY BY GARRY TRUDEAU ■XUfPB "TUIIK/IPAI man. look A 7 i wonder what InUM™- THAT! HE TRAVELS THE OLD MAN'S GOING HOLD YOUR LOW MORALE. Wb IS: rUinjn/11 mHTHtee to harangue us FIRB, i'm guessing. GOOD MORNING, LADIES LATELY THERE'S BEEN A LOT OF UJELL, I'M HERE TO TELL YOU102 words
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ANALYSIS
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783 1990-11-13 13 America's biggest companies are tired of making lawyers rich The Economist "We may well be on our way to a society overrun by hordes of lawyers, hungry as locusts." FOR many American businesses, the nightmare conjured up by Mr Warren Burger,The Economist - 783 words
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Article, Illustration1301 1990-11-13 13 Florence Chong - The Middle East crisis is likely to help sustain a new wave of oil exploration now under way in Australia. Over the next decade, up to As2o billion could be spent on exploration and the development of new oil fields. Florence Chong, BT's Sydney correspondent, reports1,301 words
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553 1990-11-13 13 Japan takes another look at oil exploration Asahi News Service JAPANESE government officials are showing increased interest in promoting domestic oil exploration and further drilling within Japan as the crisis in the Persian Gulf leaves uncertain the fate of 70 per centAsahi News Service - 553 words
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Page 13 Advertisements
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Advertisement37 1990-11-13 13 i "THE FLIGHT" -f y "THE DESTINATION" HOTEL PHOENIX SINGAPORE Orchard Road Som<r«i Road, Sinjfoporr 0923, Telephone *****66, C«Wr FEENIX, Trit, FEEN/X R5237/8. Td*/«* *****24. A mmhr> (fir OCBC tinmp A Superior First-Class Hotel on Orchard Road37 words
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INNOVATION & TECHNOLOGY
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Article726 1990-11-13 14 Lee Weng Fai - Product design, far from being a cosmetic afler-thought, should engage the mind of designers from day one a product is conceived. Lee Weng Fai tells why Lee Weng Fai The author is Project Manager at Designovo, a fully-owned subsidiary of the Singapore Institute of Standards and726 words
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Article, Illustration303 1990-11-13 14 AP INTEL Corp last week unveiled computer chips it says will make it much cheaper for video technology to be built into personal computers, allowing the desktop machines to edit and store moving images much like text. While similar technology already exists,AP; Reuter photo - 303 words
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271 1990-11-13 14 Claire Leow - By Claire Leow IN ABOUT two months. Singaporeans may get to buy the NeXT computer, created by computer guru Steve Jobs. Canon Marketing Services will be selling it since parent company, Canon of Japan, owns 16.7 per cent of NeXT Inc, which Jobs founded271 words
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Page 14 Advertisements
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Advertisement219 1990-11-13 14 f >•.' 'X'- IQSWfc* ?J\ m*V% 7 tV f* ci f IV* ''v y '■'''^^y^SSMB^BL wHHHHHRHHHHIHIHBIHHHHHHIHHHHHHHHHHHHHIHBIHHBfIHBQfIHRBHHHHHHHHHHHHHHMHIHHHHIHIHIHHiIHHHHH Intel's. And our new family graphics, CAD and ckilalra.se programs by a manufactured by Intel in the world's most doing your calculations on. of Math Q>Frocessors is faster- factor of five. advanced logic facility,219 words
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FOCUS
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Article, Illustration429 1990-11-13 15 The Gulf Crisis IS SADDAM Hussein looking for a peaceful way out of his standoff with the West? One man who thinks so is King Hussein of Jordan, who may understand the Iraqi leader better than most. Alone among Mideast leaders, the king tookPunch - 429 words
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427 1990-11-13 15 NYT SAM NUNN, chairman of the US Senate Armed Services Committee, criticised on Sunday the Bush administration's decision to drop its plan to rotate troops in Saudi Arabia, saying it puts the United States on too fast a track toward war. He said theNYT - 427 words
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503 1990-11-13 15 Reuter AFTER the pomp and ceremony of Emperor Akihito's enthronement on yesterday, world leaders gathered in Tokyo are turning to the Gulf crisis and economic aid in a bustle of diplomacy unseen since the funeral of Japan's last emperor. Hundreds of meetingsReuter - 503 words
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Page 15 Advertisements
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Advertisement166 1990-11-13 15 Wff And neither does the sublime points from tungsten carbide, rather >■ y beauty of the Parker Duofold Fountain than using the more common and less Pen and Ball Point Pen pictured wear-resistant steel ball. below. Indeed no expense has been They are the finest writing J^MI spared to make166 words
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Page 16 Advertisements
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Advertisement1254 1990-11-13 16 WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. |Wr Spit v Szechuan dishes served at lunch and dinner daily in the cool. in\ iting atmosphere of Szechuan C.ourt. Reservation, $30 8310 or 338 8385 ext *****/6. JSS«> The1,254 words
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Page 16 Miscellaneous
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Miscellaneous752 1990-11-13 16 TELEVISION AND RADIO IV/Tir lifVi QC Q SBCt2 Sbusiness on map lViy 111 C dd <X tdl LUUII 7.3. PM French f «d, Long BBC. 89.9-Hz ta VHF B«d M I KESS 30, M* Bon Red Dyiu«tv -The Lceacv acrgo a drug test witn otner g.oo Nwt(M). 5.30pm, 3.25 am:752 words
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LIFESTYLE
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Article, Illustration624 1990-11-13 17 Paul Ramani - No, no Oscars here yet. But Paul Ramani finds out what is being done to nurture budding film-makers in Singapore Paul Ramani PETER WEIRS in the making, prepare your cameras. The stage is set for budding film-makers to express themselves and win some decent money for624 words
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925 1990-11-13 17 Deirdre Fanning - Executives getting away from it all at top speed Some go on vacation, others go to the gym. But one group of executives take to the racing tracks and put their lives at risk to relax. Deirdre Fanning reports Deirdre Fanning NYT TWICE a month, a group of about 100NYT - 925 words
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Article, Illustration538 1990-11-13 17 CHATTERBOX Agencies CORRESPONDENCE between two of the century's greatest thinkers on war and how to prevent it could fetch up to U*****,000 at auction next month, Sotheby's said last week. The British auction house said the two letters, one signed by Albert Einstein and the other byAgencies - 538 words
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Page 17 Advertisements
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Advertisement279 1990-11-13 17 AND ENTERTAIN AYen For Fresh I Japanese Food. Imm LUNCH: 12 NOON £33 to2ispm I t g DINNER: 6 30PM TO i iBMI S3S 1015PM EE c- f SS 8 prices subject 1 i 9B TO 10% SERVICE J SSrn 3 CHARGE AND I I KmwlTvßl. 1 i 31 4%279 words
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Advertisement775 1990-11-13 17 notices PETE'S COMPUTER SYSTEM PTE LTD (Incorporated in Singapore) MEMBERS VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Com panes Act. (Cap 50) that the Final General Meeting of the Members of the above named Company will be held at 50 East Coast Road #02-20 Roxy775 words
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Advertisement303 1990-11-13 17 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF NICHITAI MARKETING DEVELOPMENT PTE LTD (In members' Voluntary Liquidation) At an Extraordinary General meeting ot the members of the Company held at the registered office ot the company on 10th November 1990, the following SPECIAL RESOLUTION303 words
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Advertisement48 1990-11-13 17 Sumptuous Teochew Cantonese Dian Xin Lunch from $2.40 Daily at Centrepoint: mm* *1)5-16 Centrepoint JHf- >B Orc hard Road Tel: 733 3338 Only on Saturday, Sunday •ill i+" Holiday at Battery Road:- lfllrflHtli 9 Bsttcry Koad 1 *00 TEOCHEW GTY Straits Trading Building Tel: 532 3622 SEAFOOD RESTAURANT48 words
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SPORTS
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SIDE LINES
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Article108 1990-11-13 18 STEFFI GRAF rallied from a first-set deficit on Sunday to beat Gabriela Sabatini in straight sets to win the U*****,000 New England women's tennis championship in Massachusetts. Graf, who will be defending her title at the Virginia Slims Championship in New York this week, was108 words
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Article104 1990-11-13 18 AUSTRALIA'S emerging players staged a second-half comeback running in three tries in seven minutes to kill ofT the French selection for a deserved 22-17 victory in Perpignan on Sunday. The French led 10-3 at the interval following a superb try in the 20th minute by centre Pierre104 words
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Article61 1990-11-13 18 JEFF GEORGE drilled a 26-yard touchdown pass to Bill Brooks with 2:05 remaining on Sunday, lifting the Indianapolis Colts to a 13-10 victory over the New England side to give the Patriots their seventh straight loss. The Colts, 3-6, broke a three-game losing streak with the triumph.61 words
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Article69 1990-11-13 18 STEVE SPENCE, who entered the Columbus Marathon with the goal of finishing without walking, ran a career-best time of 2 hours, 12 minutes, 16 seconds, to win the race on Sunday. Spence led a group of 28 men in The Athletics Congress national championship race who finished69 words
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Article, Illustration421 1990-11-13 18 Wembley Indoor Tournament, Jell-O Classic AP JAKOB HLASEK served 13 aces and used his power to overcome the quickness of Michael Chang for a 7-6, 6-3 victory on Sunday in the final of the Wembley indoor tournament. Hlasek, who also claimed the Wembley title in 1988,AP - 421 words
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174 1990-11-13 18 AP IVAN LENDL won his second tennis exhibition in as many days on Sunday, beating Sweden's Jonas Svensson 7-5, 5-7, 7-4 in the inaugural Milan "Shootout," which used a format of tiebreakers instead of sets. Lendl, ranking third on the ATP Tour, won US$2OO,OOOAP - 174 words
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Article368 1990-11-13 18 AFP JANSHER KHAN kept his champion's title with a polished 15-8, 17-15, 13-15, 15-5 victory over Australian Chris Dittmar in the World Open final in Toulouse on Sunday. The 21-year-old Pakistani, ranked number one in the world, notched up his third World title with aAFP - 368 words
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Article, Illustration309 1990-11-13 18 AP WORLD champion and three-time Olympic goldmedallist Michael Gross won the 200-metre butterfly in Munich on Sunday, the closing day of the first national swimming championships since German unification. Gross, nicknamed "The Albatross", finished in 1:59.06 minutes, more than 40 seconds ahead of his nearest rival,AP - 309 words
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Page 18 Advertisements
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Advertisement132 1990-11-13 18 MYIH By advertising in The Straits Times, you reach out to Berita Harian readers as well. ECT Research shows that 140,000 (70%) Berita Harian readers do not read any other newspaper. Even among the English-literate Malays, only about half of them read The Straits Times. Using The Straits Times alone132 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4542 1990-11-13 19 Diana Oon - By Diana Oon STOCK PRICES on the local bourse ended firmer yesterday after last week's price declines. The Straits Times Industrials Index of 30 Singapore blue chips recovered by 14.40 points to end at 1,102.89 after falling to the year's second lowest level of4,542 words
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Article4055 1990-11-13 20 Main Board Robinson 260 44 20.4% SPH Foreign 960 +20 +2.1% SPH 695 +20 +3.0% NatSted 655 +20 +3.1% PELS 50* 484 +18 +3.9% DBS 895 +15 +1.7% C Properties 590 +10 +1.7% Metro Hldgs 394 +10 +2.6% FELSWt 168 +8 +5.0% K kellas 25p4,055 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3750 1990-11-13 21 Bernama SHARE PRICES on the Kuala Lumpur stock market ended slightly higher yesterday but some profit-taking and waning investor interest towards the close pared earlier gains. Investors were still very cautious over developments in the Gulf and preferred to stay on the sidelines,Bernama - 3,750 words
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Page 21 Advertisements
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Advertisement312 1990-11-13 21 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic Cheque-writing! More more today are to MAX electronic checkwriter for cheque-' writing C 'fs fast, error-free, sate, clean and MM easy-to-use W No pre-inked ribbon. No selector level to J&~- mj xjrjyfc ©Qp move. No handle to pull.312 words
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BT SHARE INFORMATION SERVICE
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Article185 1990-11-13 22 Company Date Year Group Net Net earnings Grots ann to profit/loss (L) per share dividend (•000) (ceats) M Glass No. 9 Jul 90 M$7.434($9,030 29.9(36 3) 16TE(16TE) GK Goh No» 5 Jun 90 18,167(—) 4 1(—) 5(—) FM ns No, i lun 90 AU8.237 (160.043) 8 0(27.1) 90(90)185 words
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Article122 1990-11-13 22 Company Date Year Greop pro-tax Net earnings Gross a„n to profit/loss (L) per sharo divWoml (•000) (coats) SPH Nov 9 Aug 90 $194,085(5135.420) 54 8(38.8) 35H(») Imwh Nov 8 Jon 90 MJ3.586L($15.8091) fM s No* 6 Jul 90 $20.6091 ($6,236) -(9.3a) 3TE(23TEa) Ne» World Dev No. 6 Jun122 words
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Article306 1990-11-13 22 Nov 12 Keppel Corporations 50% owned associate company, Keppel Mitsui Engineering, is joining hands with Japan's Mitsui conglomerate to produce pre fabricated steel structures in Cebu Robinson I Co will accept the cash offer of all its stake in Centrepoint Properties Ltd. Nov 9 Smgapore Reinsurance Corporation has306 words
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Article750 1990-11-13 22 Cwroat Ex Books Date Total for Total tar wmt rfat* dooo MyaWo tfco yoar lost yoor Aetna 5111(1) Oct 19 Oct 31 Nov IS 51TI MSB 10%(b) Jan 4 lan 18 Jan 28 10% 12% M* 61(b) Nov 22 Dec 6 Dec 28 61 61 Avtm 751TE(0 Oct750 words
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Article369 1990-11-13 22 Company Oat* Hilf*jitir Group prt-ttt litlfta ann to profit/los# (L) dhrldwid (*000) HK Tel Nov 9 Sep 90 HK$2,590d($2.323d) 30.4(26) Chem ind Nov 8 Sep 90 $4.460($4.086) Murata Nov 7 Sep 90 6.236t( 11.4731) 15(15) George Rent Oct 31 Jul 90 M$2,556 ($1,938) 4(3) General Corp Oct 31369 words
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Article635 1990-11-13 22 Singapore Stocks Last Full Year Zmoan Period Date Year Net EPS Grots Net anranced erxfc, (cents) <* pro• last rear <r000) Leant Unt Menm Mar 30 Oec 89 5351(h) Spore land Fna Nov 3 Aug 90 6.4(a) 7.5(a) 15.842 HI? Mdrt Wenm Not 8 Mar 91 26 2.334635 words
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Article404 1990-11-13 22 Company Rights Issue Emta One-tor-one MSI 00 per share Ex-date Nov 5 QaaL* rlnf ftUu 1Q boois aox no* ij Acceptance Payment NYA M Barfctag One-tor two <& MSS 00 per share Ei-date Oct 24 Books close Nov 7 Acceptance Payment: NYA m Ifldgs Nme-tor ten MSI 00404 words
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Article671 1990-11-13 22 BONDS, LOANS WARRANTS Company Coorwnton ported Cuvorsiow tonn tor ordt«ory tharo ctc Nf Before 26/4/93 1 warrant plus$30 l 9cash CauKway Loan Causeway Nt 2/10/89 to 20/10/94 1 warrant plus J1 cash or 1 warrant plus $1 nominal amount of loan stock. Qitan >M> Notts On* tap Nt March 87671 words
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Article147 1990-11-13 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 high: 143b43 (16/7/90) 1990 Nfr 1607 12 (27/3/90) 1990 low: 981.07 (09/11/90) 1990 1079 50 (11/10/90) 1989 Nch; 1322 00 28/12/89) 1989 Mrft 1487.76 (26/12/89) 1989 low 917 42 (4/1/89) I 9 9 tow: 1030 69 (4/1/89) 1988 Nth: 1043147 words
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Article462 1990-11-13 22 Company Rights ls»u« Ak-an, One-tor two <& M$1 00 per share Issue ot 40m Cumulative Redeemable Preference Shares of M» 10 each at MJ1 per share wth 10m detachable TSR Bolton One-tortour <s M$2 00 par share Cm Bwjgjwr a MS4 00 per share F ACS Capital Reduction462 words
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Page 22 Advertisements
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Advertisement13 1990-11-13 22 V i v Rodensti^^^^^& EjpJTION ROLF RODEMSXPCK_ J f' «j y;.,-.,.:. f0 WOM13 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2258 1990-11-13 23 Reuter HONGKONG stocks closed higher yesterday but profit-taking and dwindling investor interest pared sharp early gains on the back of New York's strong showing on Friday. Brokers said trade quieted soon after the initial rise owing to a market holiday in Tokyo, which left theReuter - 2,258 words
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Article1619 1990-11-13 23 The Tokyo market was closed yesterday. The following are Friday's closing prices. Ajinomoto 1490 10 1490 1460 162 Akai 526 -40 All Nippon Airways 1210 10 1230 1200 212 Asahi Breweries 1140 unch 1150 1120 498 Asahi Chem Industry 703 unch 703 680 1052 Asahi Denka Kogyo1,619 words
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Page 23 Advertisements
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Advertisement7 1990-11-13 23 Advertising and Marketing Every Thursday in BT7 words
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REGIONAL STOCK MARKETS
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Australian stocks close off day's highs
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Article971 1990-11-13 24 AUSTRALIAN shares yesterday closed firmer but off their highs as demand waned following morning session arbitrage trade. Brokers said volume was thinly spread across the leaders but the market ran out of steam later in the day. "It slid back pretty much as we expected it to after going971 words
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Article87 1990-11-13 24 INDICES TURNOVER Close Nov 12 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.335.6 1,995.9 822.1 55.91 1.328.8 1.987.9 816.5 111.22 +6.8 8.0 5.6 -55.31 BANGKOK SET Index Turnover (million) 661.83 28.11 662.5 35.88 -0.72 -7.77 JAKARTA Composite Index Turnover (nearest 000) 408.97 1.730 412.0387 words
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Article630 1990-11-13 24 BANGKOK stocks closed mixed in dull trade yesterday, with early small gains wiped out by quick profit-taking from speculators nervous about the Mideast situation, brokers said. The SET Index ended 0.72 point lower at 661.83. Turnover sto<xi at 28.11 million shares valued at 1.44 billion baht. Bangkok Bank and630 words
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Article555 1990-11-13 24 JAKARTA stocks closed weaker yesterday with the Composite Index down 3.06 points at 408.97. Trading was fairly active, sending turnover up to 1.73 million shares from Friday's 1.24 million, brokers said. United Tractors jumped 6,000 rupiah to 36,000, but turnover was only 4,500 shares. Rig Tanders was the most555 words
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Article514 1990-11-13 24 PHILIPPINE share prices closed mostly easier yesterday as traders avoided the market due to worries about a deteriorating domestic economy, brokers said. The Manila Stock Exchange Composite Index settled at 594.52 points, down 0.49 from Friday's 595.01 close. Brokers said fears of a possible further devaluation of the peso514 words
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368 1990-11-13 24 In local currency In S$ In US$ day year S day year day year No* 9 Index change change change change change change World 343.7 0.2 -26.1 0.3 -28.4 0.1 -20.5 *EAFE 456.7 -0.2 -33.0 0.2 -31.9 0.0 -24.4 Europe 359.8 0.3 -20.2 0.7 -15.5368 words
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Article310 1990-11-13 24 A FRACTIONAL fall in the Barclays Index took shares to another six-year low yesterday, with usually quiet Monday trade made even quieter by holidays in Tokyo and the United States. Friday's sharp rise on Wall Street did little to influence stocks due to continued uncertainty created by the310 words
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Article805 1990-11-13 24 SEOUL stocks closed higher yesterday, mainly on speculation about possible reconciliation between the ruling and the main opposition parties. The Composite Index closed at 701.53, up 3.94 points from the previous close. Turnover was a thin 183.3 billion won against 139.6 billion on Saturday's half- day session. Brokers said805 words
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Article288 1990-11-13 24 Taipei No* 9 NXj 1st Sec Fund All Sincere Indus. 9.35 +0.35 Asia Cement 54.00 -0.5 Cathay Construe 62.00 -10 Cathay Life Ins 278.00 -7 Chang Hwa Bank 247.00 -5 Chen Shin Rubber 36.10 +0.2 Cheng Loong 19.00 -0.1 Chia Hsin Cement 43.20 +0.3 Chin Hsin Flour 20.80 -0.5 China288 words
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Page 24 Advertisements
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Advertisement32 1990-11-13 24 The Taipei market was closed yesterday for Sun Yat-Sen's Birthday The Bombay report was not available Closing prices for all markets except Taipei are provided by Telerate. Chartpoint in BT every Saturday32 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration876 1990-11-13 25 David Gabriel - Keep a close watch over interest rates and the Gulf crisis THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/lass position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio876 words
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Article390 1990-11-13 25 Cross rates Nov 12 USS S$ M$ Dm Yen SFr A$ NZ$ USS 1.7070 2.7000 .***** 128 85 0.5077 1.2460 1.2837 1.6367 SS 0.5858 1.5817 0.8685 0.7458 0.2974 0.7299 0.7520 0.9588 M$ 0.3704 63.22 0.5491 0.4722 0.1881 0.4615 0.4754 0.6062 Dm 0.6745 1.1514 1.8212 86.91 0.3425 0.8405390 words
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Article699 1990-11-13 25 FOREX MARKET REPORTS THE US DOLLAR barely moved during an uninspired European morning session yesterday as the market looked to the US Federal Reserve to case credit on further signs that the economy is slowing. Dealers expected few cues from US markets, where trading699 words
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Article1198 1990-11-13 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Dec 90 92.07 92X» 92j07 91oi 685 ***** 2274 Mar 91 92J8 92 40 92.38 92.39 1200 8682 3258 Jun 91 92.40 92.42 92.40 92.42 460 5001 1240 Sep 91 92.27 92.30 92.27 92.30 75 1136 195 Dec1,198 words
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Article564 1990-11-13 25 Interbank rates s$ Bid Offer Overnight 6 6 1/4 1-month 6 5/8 6 3/4 2-month 6 5/8 6 3/4 3-month 6 5/8 6 3/4 Overnight mode: 6-11/16 USS Bid Offer 7 days 7 15/16 8 1/16 1 month 7/15/16 8 1/16 2 months 8 1/16 8 3/16 3564 words
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COMMODITIES
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Article, Illustration477 1990-11-13 26 Magdalene Ng - By Magdalene Ng THE United States will not draw on the governmentowned Strategic Petroleum Reserves (SPR) to counter the sharp rise in oil prices due to the Gulf crisis, says Mr Frank Zarb, chairman of New York-based Smith Barney,477 words
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218 1990-11-13 26 Reuter PHYSICAL carry-in stocks in mild Arabica cofTee-pro-ducing countries, estimated at 3.9 million bags on Oct 1, are at a much lower level than last year, London trade house E D and F Man said in its latest monthly coffee report. This,Reuter - 218 words
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825 1990-11-13 26 REPORTS GOLD closed lower on late selling in Hongkong yesterday after Europe opened but dealers said a market holiday in Tokyo left trading otherwise thin and directionless. "Easier crude oil prices and a softer US dollar encouraged some good two-way trading," a local825 words
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Article1348 1990-11-13 26 Rubber Nov 12 KOS (t»fc In Mm) S cents/kg Noon Close Inc I RSS Prompt 154.50/15 5 50N I55.0Q/I56.00N Int I RSS Dec 90 154.50/155.00 155.00/15 5. SON Int I RSS Jan 91 154.25/154.75 I54.50/I55.00N Inl 2 RSS OP 149 50/151 SON 150.00/152.00N Int 3 RSS OP I44.50/I46.50N I45.00/I47.00N1,348 words
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Page 26 Advertisements
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Advertisement1088 1990-11-13 26 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50, AND IN THE MATTER OF OOELIAN TRADING PTE LTD (In Member*' Voluntary Liquidation) FINAL MISTING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the Members of the abovenamed Company1,088 words
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Advertisement7 1990-11-13 26 Executive Jobs every Saturday in Business Times7 words
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THE TRAVEL PAGE
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Article1010 1990-11-13 27 aty Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 0035 GA886 2220 GA974 2135 Malaid* SQ228 1910 QF82 2115 QF7 2155 Amsterdam GA893 1235 KL838 0115 KL837 1505 SQ24 2215 SQ23 1815 GA974 2135 SQ24 2215 tocklind NZ35 1625 NZ36 2359 SQ388 2045 Bute Sec1,010 words
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Article, Illustration739 1990-11-13 27 Barbara Crossette - LETTER FROM PUNJAB By Barbara Crossette NYT IN THE DAYS of the British raj, when the white-hot sun of the subcontinent's summer drained colonial administrators of energy and patience, and stifling nights under mosquito nets robbed them of sleep, the empire was saved by theNYT - 739 words
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Article217 1990-11-13 27 Singapore Outlook: Showers with gusty winds are expected over many areas in the predawn hours. Forecast: Maximum temperature 32.2*C Assoc humidity 59% Minimum temperature 23.5"C Assoc humidity 92% Hours of sunshine 4.45 Rainfall in mm 0.7 Rainfall this month 74.4 Rainy days this month 5 World forecast217 words
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Article59 1990-11-13 27 Duration Title Venue Organiser Tet Duration Title Venae Organiser Td Exhibition of Nov 12-15 Fire East 90 Hongkong FMJ International *****8611 Equipment Mgt Publications for Hotels Ud Nov 16-23 Official Spain CITEMA ********** Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 IntenalioMl Rubber Fair Association Business Nov59 words
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Page 27 Advertisements
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Advertisement239 1990-11-13 27 X V X A t *Z-- S n[y Gordon Grill's out to 'wA surprise... Yet again (IKLIHAttBiI mm lj 1 n» m I U n^/Ai^TwS /«iiflHH A j*M w a^A|K]y I!#! i V till tHVX M^m 4""" Remember 1%3 when everybody raved about our steaks (and gourmands still do)! Then239 words
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Page 27 Miscellaneous
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Miscellaneous313 1990-11-13 27 ACROSS imp I B I 3 K I p 1 Buffoon almost climbed the mound (10) MB M H 6 Ring writer start (4) JHLJHL--HL— 9 Mum or Dad perhaps HB■■ 10 Egg in Papua New Guin- I ea producing a foul smell 13 Duke does not start to an-313 words
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Miscellaneous149 1990-11-13 27 As at 3pm yesterday: local dollars to one unit of foreign currency C urrencics Bid Offer Australian dollar 1.3250 1.3450 Canadian dollar 1.4520 1.4720 NZ dollar 1.0300 1.0700 Sterling pound 3.3400 3.360 US dollar 1.7050 1.7150 I>ocal dollars to 100 units of foreign currency Austrian schilling 16.00 17.00 Belgian franc149 words
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Miscellaneous17 1990-11-13 27 n OHL v time He picxs up his Pe^\ t EVENING STANDARD CO. LTD.. 19*2-1 wo 830017 words
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Article, Illustration364 1990-11-13 28 Reuter EMPEROR AKIHITO took his place in history yesterday, ascending to the High Throne of Japan to cries of "Banzai!" from ministers and courtiers and a string of explosions by leftist radicals across the country's capital. Kings, presidents and princes looked on asReuter - 364 words
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264 1990-11-13 28 AFP THE FOUR-YEAR battle to liberalise world farm trade appears close to failure and threatens the entire Uruguay round of world trade negotiations, Australia's Trade Negotiations Minister Neal Blewett said yesterday. Mr Blewett told parliament that "crunch decisions" for the Uruguay round under theAFP - 264 words
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162 1990-11-13 28 AP BURMA'S largest pro-de-mocracy party, crippled by arrests of its leaders and organisers, may form a provisional government in rebel-held areas of the country, a top insurgent official said yesterday. Tin Maung Win, general secretary of the Democratic Alliance of Burma, spoke onAP - 162 words
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Article, Illustration605 1990-11-13 28 NOORDIN SOPIEE; NOORDIN SOPIEE - The Bottom Line NOORDIN SOPIEE NOORDIN SOPIEE The writer is director-general of the Institute oj Strategic and International Studies (Isis) Malaysia. The views expressed are entirely his own. DESPITE the analyses of most of the political experts at home and abroad, Dr Mahathir Mohamad enters his605 words
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Page 28 Advertisements
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Advertisement123 1990-11-13 28 PiageT HMiiwßENiKMixxmEimmim (,WtiVE The bottom line is that we are the world's leading developer for AS/400 computers jf^*. Whether you measure us in terms of sales, number of customers or performance SSA .Bp- M^tKr is the world's leading software specialist for IBM AS/400 computer systems. And to maintain our lead123 words
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Advertisement5 1990-11-13 28 Enthronement ceremony protest, Pg 85 words
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Advertisement7 1990-11-13 28 PiageT JOAUJJER EN imitiGEßlE DEfVIS 1874 GENEVE7 words
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Shipping Times
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431 1990-11-13 29 Selva Kumar - By Selva Kumar THE Singapore National Shipping Association (SNSA) has asked the Port of Singapore Authority (PSA) to defer a move to register all bunker suppliers until the association has more feedback from the bunkering industry. The SNSA had last month431 words
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304 1990-11-13 29 MAJOR Thai exporters' associations have called on the government to take action against piracy on the Chao Phya River in the Bangkok area, the Bangkok Post reported on Sunday. The English-language daily said the Thai Rice Exporters Association and the Thai Maize Traders304 words
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Article, Illustration276 1990-11-13 29 AFP TRANS World Airlines (TWA) has offered to buy Pan Am Corp For US$45O million, it was announced on Sunday. In a letter dated and received by Pan Am on Friday, TWA offered US$l5O million in cash and US$3OO million in securities, equivalentAFP - 276 words
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512 1990-11-13 29 Florence Chong - From Florence Chong in SYDNEY THE Australian flag carrier, Qantas, has dropped services to four destinations, shed staff, and plans to advance the sale of older aircraft in a major restructuring of the airline. The restructuring is forced upon the airline512 words
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445 1990-11-13 29 AFP JAPAN'S five biggest shipping firms Friday announced mixed results for the six months to September, warning that second-half profits would be eroded by declining demand, higher interest rates and a stronger yen. Nippon Yusen Kaisha (NYK) and Showa Line posted modest increases in netAFP - 445 words
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167 1990-11-13 29 AP THE SOVIET Union and South Korea have agreed to open a direct sea route in December as part of increased economic ties between the two nations, officials said. The Korea Maritime and Port Administration said an accord was concluded inAP - 167 words
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NEWS SUMMARY
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Article44 1990-11-13 29 Cruise lines are arming themselves for battle in the US. Low prices and aggressive marketing have helped to boost the market. But that is not all. The idea is to have a cruise to suit every taste Page 244 words
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Article43 1990-11-13 29 THE BRITISH government is poised to throw open the £9 billion market for land-based telecommunications services to free competition this week in a move that could prove a test case for future deregulation throughout the European Community Back Page43 words
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62 1990-11-13 29 ITEL Corporation has surprisingly asked for seats for its chairman Sam Zell and president Rod Dammeyer on the board of directors of troubled US transportation giant American President Companies. The move again raises speculation that APC, which reported third quarter losses of62 words
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36 1990-11-13 29 NORWEGIAN engineering firm Kvaerner A/S said it had agreed to pay at least 200 million crowns for a stake which will give it control over Finnish shipbuilder Masa-Yards Oy Back Page36 words
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LOG BOOK
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91 1990-11-13 30 A SINGAPORE tugboat rescued 14 crew members of a Thai freighter on Saturday that sank near Port Klang, news reports said. The tugboat picked up the crew at about 7:4oam while they were swimming to safety, the national news agency Hernama quoted a Malaysian Maritime91 words
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Article92 1990-11-13 30 TWO SEAMEN drowned and 37 were rescued after a Chinese cargo ship foundered in heavy seas off Vietnam, the Hongkong Marine Department said. Officials said the captain and 26 of the crew of the 5,582-ton Jian Chang were picked up by a Danish container ship on92 words
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Article72 1990-11-13 30 THE capital of the Belgian Sabena airline is to be opened to the public but the Belgian state, its main shareholder, will retain a blocking minority of 25 per cent, Communications Minister Jean-Luc Dehaene said. Foreign investors would be permitted to buy into the capital if72 words
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Article63 1990-11-13 30 DAIMLER-BENZ AG and the Bonn government plan talks on offsetting currency losses at Daimler unit Deutsche Airbus GmbH, Der Spiegel magazine reports. No comment was immediately available from Deutsche Airbus on Sunday, but spokesman Josef Grendel said last week the aircraft maker "would not have63 words
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Article105 1990-11-13 30 OIL TANKER/combination carrier tonnage sold for scrap in October rose to 460,933 long dwt (five vessels) compared with one vessel of 5,500 dwt in September, London shipbroker Howard Houlder said. This brought total sales for the first 10 months of this year to 1,129,668 dwt (23105 words
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Article73 1990-11-13 30 PRATT and Whitney Canada Inc, a unit of Hartford, Conn-based United Technologies Corp, said it plans to lay off between 1,000 and 1,200 workers, the Canadian Press news agency reported. A company spokeswoman blamed the job cuts on the recession, which reduced demand for aircraft73 words
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Article, Illustration1287 1990-11-13 30 Cruise lines are arming themselves for battle in the US. Low prices and aggressive marketing have helped to boost the market. But that is not all. The idea is to have a cruise to suit every taste. NYT EVERY SUNDAY, newspaper travel advertisements in the USNYT - 1,287 words
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Article950 1990-11-13 30 Nov 14-15: Shipping and the Environment, Lloyd's of London Press conference, Le Meridien Hotel, Cyprus. Nov 14-15: Aviation Symposium *90, Olympia 2, London, sponsored by British Air Transport Association and Touche Ross Management Consultants. Nov 14-16: Ports, People and Technology, Port of Rotterdam conference, De Doelen, Rotterdam, The950 words
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11851 1990-11-13 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published11,851 words
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Article3268 1990-11-13 43 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd pVAccord Contr Line (PK/PN). Kkris Business Corporation ilippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg pte Ltd (S). Alfred3,268 words
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Article240 1990-11-13 43 Abacus Couriers Tel: 545-8011. Fa*: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel. 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel. 344-3377. Fax: *****50 Cluster link Supplies Services Td:240 words
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Article1469 1990-11-13 43 Abex Express Freight Td: 542-7171. Fax: *****84. Aclinic Forwarder Td: 225-1833 Fax: *****42. Activak Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight International Td. 545-8033. Fax: *****05 AerosMfd Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air1,469 words
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Article2962 1990-11-13 44 AUSTRALIA Abbot Point: Coal: berth vacant; 4 vessels due by Nov 25; no delays. Hay Point: Coal: berth vacant; 4 vessels due by Nov 17; no delays. Dalrymple Bay: Coal: berth vacant; 4 vessels due by Nov 13; berth closed due to ship loaders repairs from Nov 112,962 words
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Article651 1990-11-13 44 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Shetterdecfcers Silver Kris: 15,139 dwt and built 1973, on offer at US$2 million. Vanil: 15,600 dwt and built 1978, on offer at around US$4 million. Dascalos D: 12,831 dwt and built 1978, on offer at around U553.25 million. Others TNT Express:Reuter; AFP - 651 words
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Article444 1990-11-13 44 ARRIVALS Op Flight iyp« ETA From TODAY JAL JL6I7 B747F 0200 NRT KM KE697 B747F 0220 SEL NCA KZ205 B747F 0310 NRT CLX CV796 B747F 2230 LUX/AUH/KUL TOMORROW CAL CI333 B747F 01 IS TPE AZA AZ995 BC8F 0235 SYD SIA SQ80I B747F 0355 AKL THURSDAY KAL KE697444 words
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Article375 1990-11-13 44 CRUISE FERRY SCHEDULES CRUISE SHIPS An Dep Name of Vessel ETA ETD Port Ageat Ports of Calls NOVEMBER 16 16 Cora Princess 1200 1800 Sembawang Johnson Cruise-to-nowhere 17 18 Cora Princess 1800 0900 Sembawang Johnson Sin-Belawan-Langkawi-Sin 19 19 Song of Flower 1000 2300 Neptune Agencies Sin-Pangkor-Penang-Phuket 22 22 Cora Princess375 words
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SHIPS IN PORT
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Article643 1990-11-13 45 Vwm< Voy No Btrth jgtal Departm Keppei Wharves Rota laya E872 K31 alongside 12.11/2300 Kota Tunur E 874 K32 alongside 13.11/1830 N Z Reefer 348A K34 alongside 1211/1400 Sg Of Flower *****1 (P K36 alongside 12.11/2200 Ihomaseveret 94E K30 alongside 13.11/1500 Trans Hav 2538 Ml atongside 12.11/1800643 words
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Article1274 1990-11-13 45 RECEIVING Of EXPORT FCl CONTAINERS AND LCI CARGO Record Bootaf/Babnce Mb Voy No Etb/Btr Period From To From Ac* lade 21A 14/1900 1 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 Aa Rose SA 14/1000 2 12/1700 13/0659 13/0900 3 13/0700 13/1159 13/1400 Al Ahmadah1,274 words
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Article359 1990-11-13 45 Penang Port Berth on Nov 13: 1: Elm; 2: Zhen hang; 3: You Yi; 4 Pacific Gemtxra. 5: Perkasa; 6: ml. BCT: Bl: Pernas Suasa; Btl Tanta; l/B: Glory Selatan V Penant Wurf: NB Commander Grut, Bintang Mekar; CW nil; SB: Deli Lestari VOTP: ml Oue on359 words
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Article997 1990-11-13 45 THE DRY cargo freight market continued active on Friday but rates held their lower levels reached on Thursday, brokers said. The US Gulf/Japan grain route was booked at a steady U5522.75 with combination or U5522.25 with no combination. Panamax vessels on transatlantic time-charter trips with redelivery Far East997 words
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Article, Illustration611 1990-11-13 46 IHT THE BRITISH government is poised to throw open the £9 billion market for landbased telecommunications services to free competition this week in a move that could prove a test case for future deregulation throughout the European tyPeter Lilley, the Secretary of StateIHT - 611 words
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300 1990-11-13 46 Lloyd's List ITEL Corporation has surprisingly asked for seats for its chairman Sam Zell and president Rod Dammeyer on the board of directors of troubled US transportation giant American President Companies (APC). The move again raises speculation that APC, which reported thirdLloyd's List - 300 words
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245 1990-11-13 46 Reuter NORWEGIAN engineering firm Kvaerner A/S said it had agreed to pay at least 200 million crowns for a stake which will give it control over Finnish shipbuilder Masa-Yards Oy. "Kvaerner has reached accords which can give the company majority interests in the FinnishReuter - 245 words
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Page 29 Advertisements
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Advertisement554 1990-11-13 29 SWEE HBK METAL GO PTE LTD 13, TUAS AVE 14. SINGAPORE 22M TELEX: HS 2C67# SHMCPC TEL: 861 5655 TELtFA*: Btl »W Chv UHIACtNJ H* I UK. tafcMi •obi 1 IiT.TJJ IJ' I il| 5 lon»JO km* y/fl/ll I >ij j lll l El«crtc tarMH ■Hi iill M LPO HsE4*J554 words
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Page 30 Advertisements
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Advertisement103 1990-11-13 30 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in103 words
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Page 31 Advertisements
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Advertisement2177 1990-11-13 31 JARDINE SHIPPING AC£NCI£S 200 Cantonment Road #12 05 Southpoint. Singapore 0208 All IF/ Tel *****11 TELEX ***** IVITTm TERMINAL.CFS Tel *****18 220 3HI f* rrrrn rl bookings Tei *****14 235 L VWQf A °esaka jardine shipping agencies son bho y m PORT KELANG TEL: *****18 TELEX NO MA***** MA***** ■■■■12,177 words
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Advertisement1007 1990-11-13 31 MDEX TOMWRTjSEg Page Col Col lAI I 1 I MCC_Mfc.ll S Uvl Atxord Group 8 1-3 M 3 4/5 Albatros Sea-Air 14 5 .ill APL 5 3-5 SC SK 'J APC linos 13 4 M sia Shpg Corp 9 1/2 APT ine 4 3 Mendelssohn 6 4/5 Arrow Lines 91,007 words
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Advertisement2058 1990-11-13 31 ■OMl^ Vassal Voy ETA ETD "Port 'Penang DESTINATIONS Singapore Keiang This week Maiasbc M 9006 Feeder by cv xi m oaoo mrs farco Hi 1 CFS I*ll 2300 MRS M Tauro OAK LGB MOU MEM ATL MIA CHS BAL PHL NYC MON TOR MAJESTIC M 9006 1 21/11 15/11 17/112,058 words
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Page 32 Advertisements
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Advertisement1220 1990-11-13 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 18/11 5/12 8/12 10/12 CARDIGAN BAY 98/539 22/11 17/12 11/12 13/12 10/12 16/12 BENAVON 97/543 25/11 12/12 15/12 17/12 BREMEN EXPRESS 99/542 29/11 24/12 18/12 20/121,220 words
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Advertisement585 1990-11-13 32 prrai^ niRFCT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I FLOREANA 20-27/11 9/12 11/12 16/12 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PACO PAGO, APIA 4 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I FLOREANA 20-27/11 29/12 30/12 3/1 Also accepting Cargo to Call*) (Peru) via Valpa Agents: SINGAPORE:585 words
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Advertisement1200 1990-11-13 32 &MM& REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) NORASIA SUN 9037-3 19/11 11/12 12/12 15/12 18/12 19/12 17/12 18/12 21/12 NORASIA PEARL 9038 3 26/11 17/12 19/12 22/12 24/12 25/12 26/12 27/12 29/121,200 words
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Page 33 Advertisements
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Advertisement1841 1990-11-13 33 SjgSteamers Maritime Holdings Ltd P&O ■rw STRAITS SHIPPING ■ML y CT !3 Bmti, East Malaysia, Containers mLm 1 ACCEPTS DOE SAILS Voy No P Klang S'poie S'ton H'bu<| B'haven If dam LH) CARGO KASUGA 12 536 BAN 12/11 15(11 11(12 05,12 0/(12 W2 10(12 lAti m <i MOTORIC EXP«SS 96.5401,841 words
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Advertisement1790 1990-11-13 33 SP IH ROM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN LEHAVRE 010* 18/11 6/12 7/12 1/12 10/12 11/12 HANJIN OAKLAND 010 C 11/11 22/11 23/11 26/11 29/11 HANJIN FELIXSTOWE 005W 24/11 12/12 13/12 14/12 16/12 17/12 CHOYANC GLORY 001E 26/11 25/11 30/11 3/12 6/12 CHOYANG PARK Oil* 1/121,790 words
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Advertisement391 1990-11-13 33 STRAITS/ JAPAN/ STRAITS SERVICE' SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN COSMIC CHAMPION COSMIC TRADER PIONEER TRADER TRADER VOY NO 5 9 13 13 Spore Sid 14/U IS/11 19/U P Kelang SM In Pt ISIII 22/11 Hongkong 15/11 Calcutta Yokohama 29/11 2/12 Nagoya 30/11 Osaka 26/11 Senboku 24/11 28/11 Tokyo391 words
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Page 34 Advertisements
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Advertisement537 1990-11-13 34 SHU CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL.VOY S PORE ROAM, ADAM H BURG BREMEN ANTWERP SRIWIJAYA 30H6 22-25/11 25/12 1/1 4/1 7A KUTAI7IWB 15-19/12 17/1 23/1 28/1 30/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to toducsment Also accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa,537 words
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Advertisement734 1990-11-13 34 6ft HANJIN SffIPHNGI yy FULL CONTAINER SERVICE IS'port I L»Hjvre R'dam H burg B'haven Fstowe FEEDER VSL SIN LINE HAUL LAX OAK IS/M 6,12 7/12 8/12 10/12 11,12 HANJIN OAKLAND 010 C 19/11 H SEOUL 10K ***** 16/12 24/11 12/12 13/12 14/12 16/12 17/12 CNOYANC GLORY 001E 26/11 H SEATTLE734 words
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Advertisement91 1990-11-13 34 EUR OZONE FREIGHT SERVICES PTE LTD NO. 20. MAXWELL ROAD #12-02, MAXWELL HOUSE. SINGAPORE 0106. TR; IXITMi Mum HUL 22M171 TUt U I4SM IM C7M 'WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From: TAIWAN HONGKONG EUROPE USA UK I Services To BRUNEI ASEAN PORT S E MALAYSIA PROVIDE: INT'L TRUCKING DOOR91 words
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Advertisement1325 1990-11-13 34 d• I d IPRL SOP HKC KSC KLG PUS HKT OSK SM2 TYO LAX SfC PTI CHS BAL NYC LHV AN* RDM FLX/TMP HBC SGP I I CUIOC Rt MS 1301 IVU I*U wu 22/ll 2VII 27/11 29/11 1/12 2/12 13/12 2*U 27/12 2*12 7/1 1/1 *1 12/1 3/2 i1,325 words
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Page 35 Advertisements
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Advertisement1931 1990-11-13 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S, BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 ITERMINAL1 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.1.-(03) *****33, P.Kelang-(03) *****87, Penang-(04)1,931 words
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Advertisement1185 1990-11-13 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/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND j VESSELS VOYAGE [SPOtt |W»MLA HKONt" VOYAGE SPORE PKLANG HOURC BHAVEN TILBURY ROTT1,185 words
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Page 36 Advertisements
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Advertisement1678 1990-11-13 36 I E2 K LINE KAWASAKI KISIiN KAISHA. LTD. I I EXPORT N. AMERICA PACIFIC SOUTH-WEST j I IMPORT N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL VOY -INDO SGP MOTHER VESStL TOY LB OAK CHI NYC7/ JJPJoy 1 do?^, 1 S** MfD^WAW* 1 i? T "tl fni MEDITERRANEA 10 I*ll 18/11 17/111,678 words
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Advertisement770 1990-11-13 36 PHIU-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAD *07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 17 N OV MONTREAL, OTTAWA, TORONTO, 21 NOV DUBAI, DAMMAN, SHARJAH.770 words
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Advertisement355 1990-11-13 36 /V_, t GOLDEN LINE VvT>sL GUAN GUAN SHIPPING (PTE) LTD «1 w 123, Telok Avar Street SINGAPORE 0104 1 TEL *****88 (10 LINES) Far *****04 (CR No *****S*****W) «TiArrf/p»i«AN ouur «nvia S pore P Kelang Penang GOLDEN WONDER Colombo- Karachi Dubai 20(22 No* GOLDEN BUR Cokxnbo/Kjradti/Dub« 26(21 No* CHINA mvici355 words
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Page 37 Advertisements
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Advertisement1648 1990-11-13 37 agagPff PACIFIC INTERNATIONAL LINES (PTE) LTD Jf Jf gggg PIL Building, 140 Cecil Street fIXHX), Singapore 0106. I JAKARTA I I BANGKOK I 5o.?m«j«»o u°b S 1 iSi IrloV," 00 5 SS" El! EDEN 9038 15/11 11/11 21/11 SEA QLORY 06N 11/11 22/11 EDEN 9039 21/11 24/11 »/11 PEGASUS PIONEER1,648 words
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Advertisement1044 1990-11-13 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint VmA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG S'HAMPTON HAMBURG B'HAVEN R'DAM LHAVRE Kasuga 1* TiTsSe" 15m 10/12 4/12 6/12 3/12 9/12 Tokio Express+■ 96/540 18/11 Via Ban 5/121,044 words
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Advertisement312 1990-11-13 37 MYANMA yßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PATHEIN VIO7W 19/22 No* IS/11 Nov HPA-AN VIS7W 19/21 Nov SITTWE V4BW 21/25 Nov (LOADING FOR RDAM/HMBG/ANTWP) THE BANK UNI A W»lci« of Andrew Weir Shipping) W SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS312 words
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Page 40 Advertisements
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Advertisement806 1990-11-13 40 'JMnsR-t inh INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG SACHSEN NMOOI 14/11 12/12 UA2 13/12 9/12 EUPOPEAN SEN WfOtt 14/11 7/U *112 10/12 U/12 11/12 MECKLENBURG WMOO2 26/11 23/12 22/12 24/12 21^12 ASIAN SEN WFOS2 24/11 22/12 21/12 20/12 23/12 2V12806 words
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Advertisement1077 1990-11-13 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 UK/EUROPE 17 NOV 24 NOV LDN, F'STOWE, S TON, LEEDS, TILBURY, ABERDEEN, LE HARVE, H'BURG, R'DAM, COPENHAGEN, ANTWERP, GOTHENBURG, AND ALL EUROPE INLAND DESTINATIONS 1 P.KELANG: 03-*****35 BANGKOK: 286 0582 PENANG: 04 *****9 HONG KONG: 03 *****8 EXPORTS TO HONGKONG, TAIWAN JAPAN MALACCA1,077 words
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Advertisement322 1990-11-13 40 LOADING FOR (ALSO LOADINC FOB BUtNOS AIRES) YESSEL SPOKE I C6O 06N BAIRES MVIOEO *10 STS WIT PAGUA MOSTWEEN I WW l«U ***** 1/1 W 17/1 OPT VMU2 DISCHARGING FM BRAZIL ONLY SPORE MNL MK ME WSAN WW NCO KOB MOSTWEEN I SM 12/11 Mil Hill 7VII WU »/U Wll322 words
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Advertisement1158 1990-11-13 40 BP CHINA OCEAN SHIPPING COMPANY LINER SERVICE lElE^|£ OSHIP #I c s ß°°NO S, n G 7 A B Sr 7 CABLE; COSTARL,NE General Agents: 006 TAR SHIPPING PTE LTD mOMKUAOPf vtsstLyvor scp flx rot ham ant dk~ vessel,vor fix rot ham ant dkk scp AN HE/21* UIU 05,12 07/121,158 words
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Advertisement870 1990-11-13 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 17/11, 24/ iI EUROPE all Ports 16/11, 23/11 BANGKOK 14/11, 17/11 HONGKONG/CHINA 15/11, 19/11 SYD, MEL, ADEL, BRIS 15/11, 20/11 FREMANTLE 18/11, 27/11 MANILA 15/11, 22/11 PKLG/PENANG 19/11, 26/11 Port Kelang Branch Tel: *****21/2/3 Fax: *****24870 words
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Advertisement230 1990-11-13 41 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) |rC\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL j VESSEL IVOY ETA ILOAO(NG FOR SPORE NETSANET 2OWO 15/11 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 23W8 6/12 OARESSALAAM. MOMBASA230 words
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Advertisement819 1990-11-13 41 MASKAPAI PELAYARAN PapULAU LAUT FULLY REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA BERVICE VSL VOY SIN JKT PAJ SIN OKUNOZE819 words
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Advertisement968 1990-11-13 41 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL jvOY S PORE CEIU ~MAIWU JENLINK 31N Wed 14/11 Sat 17/11 THAN A BHUM 46S 16/11 22/11 24/U J NANTA BHUM 15N Wed 14/11 S«t 17/11 SO ORIENT 47R 23/11 21/U 30/11 SIR I BHUM#* 4 TON Sat 17/11 Tu« 20/11 THAN A968 words
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Advertisement1045 1990-11-13 42 W MAC-NELS SINGAPORE Ifapom tel *****22"] import tel: *****02 PENANG TEL: (04) *****6 KK TEL: (088) *****0 IrAWAU TEL: (089) *****9 rrrrrTrrmP KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -N-/\~ J J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 JAKARTA1,045 words
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Advertisement495 1990-11-13 42 BLUE star line II SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK IYT PREMIER 09S 26 Nov 11 Dec Via NPt 13495 words
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Advertisement853 1990-11-13 42 /3TI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd m ol P aza By The Park s (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |VGT lETA [pfcST VESSEL WT ETA KIT KIM SOON LI 45/90E853 words
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Advertisement305 1990-11-13 42 I NORBULK CARGO SERVICES LTD. V I REGULAR conventional I I TIMBER AND PLYWOOD SERVICES I SP PK LOADING FOR I I FORUM ISLAND NB-119 14/11 16/11 RDM/ANT/UK 1 I EVPO AGEOS NB-120 25/11 27A1 ROM/ANT/UK I ISWK SABAH LOADING FOR I NBT-3S 20/11 KANDLA I ISP PK LOADING FOR305 words
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Advertisement14 1990-11-13 43 PREMIUM SERVICES FOR L U M LOCAL URGENT MAIL CALL: 222-5777 SPEEDPOST CALL 322-750514 words
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Advertisement18 1990-11-13 44 Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursday in Business Times.18 words
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Advertisement102 1990-11-13 44 Orient Bcjlk Lots BLUEBELL KKU SIN PKL DESTN SUSANNAH/***** Sid Sid FLU/ANT/UK(HUL) LANCELOT SPIRIT/***** 15/11 18/11 ROT(FLU)/ANT (ZEE)/HUL Tel: *****27 Fax: *****30 Tl*: RS ***** INETCO fg f^£ l _LiiXSflflQQQQik———VESSEL VOY NO SIN MAA CAL TIGER CREEK 110CNB 10'11 16/11 ILOVIK 135N 08/11 15/11 TIGER RIVER 111CNB 19/11 25/11 At102 words
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Advertisement205 1990-11-13 44 r*K~7 JESSELTON QCGOPPffiD® PVB (ST® 5 SkMtN Wi f WC BdWIM #15 09 Span 0106 Tatar RS ***** Fat: *****37. TK: *****88 ACCEPTING CARGO ETD ETA ETA ETA AT PPT P5 SPORE MUARA LBN KK EASTERN GLORY WOE,*9O Sailed 14/11 15/11 16/11 APRIL GLORY V32E/90 14 IS/11 16/11 19/11 20/11205 words
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Page 45 Miscellaneous
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Miscellaneous355 1990-11-13 45 TIDES AND WEATHER ■.mifWL-W JJWMWMWWWMWWMtJi-iW WiJMi" W'W IWMHII* miWWMiH"mil lIMm *11 —11' I^MWPilW^iWWBMWMMWirfWMWiTlM^MMWMBBBWWWWMWWMl TODAY'S TIDES (Iwjfrt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 ****************************************1900 2000 2100 2200 2300 JR 14 12 10 09 1.0 1.3 1.7 2.1 24 25 24 2.1 1.7 1.4 1.2 10355 words
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Advertisement311 1990-11-13 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU f ff/|\ HIAP HOE SHPPNG ENTERPRISE I f/ff J TEL: *****66 FAX: *****10 \JfjJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG311 words
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Advertisement717 1990-11-13 46 MERCHANT MARINE CO. LTD. EASTBOUNO TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN LALANOIA 36E 17/11 22/11 10/12 12/12 14/12 13/12 HYUNDAI EXPLORER 34* 9/10 12/10 15/10 2/11 10/11 HYUNDAI CHALLENGER 38E 24/11 29/11 17/12 19/12717 words
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Advertisement624 1990-11-13 46 ICHARTPOINT I Every Saturday in Business Times iFMtfw front |Vo* PNCIPKL ISSir M V«y I SIN I LAX I OAK HOU I DAI I CHI; I NOR lIIERI 1 NYC*! COi. lICA BUNGA KEMUNING V.704 1/11 ALLIGATOR GLORY V ***** 19,11 1/12 10(12 11/12 U/12 12/12 1202 I*l2 14/12 UUH624 words
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