The Business Times, 13 November 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday November 13 1990 75*
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  • NEWS SUMMARY
    • 92 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 out
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    • 27 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 2
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    • 25 1 TWO technology centres have been set up in the Singapore and Ngee Ann polytechnics to help local enterprises develop and upgrade Page 2
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    • 29 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 8
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    • 33 1 FOREIGN CAPITAL withdrawn from the Philippines reached US$l9O million in the first eight months of the year, a 342 per cent rise over the same period last year.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 8
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    • 36 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 11
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    • 22 1 THE MIDDLE EAST crisis is likely to help sustain a new wave of oil exploration underway in Australia Page 13
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    • 25 1 THE STAGE is set for budding film-makers in Singapore to express themselves and win some decent money for a change Page 17
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    • 39 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 I
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  • MARKETS SUMMARY
    • 23 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.
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    • 42 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.
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    • 19 1 SUMMAVEST further cut its losses in the first half year ended on Sep 30 Page 3
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    • 27 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 4
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    • 31 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 6
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    • 28 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 7
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    • Article, Illustration
      28 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 4.4
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    • 21 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 unch
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    • 36 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 -II
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  • 573 1  -  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 the
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  • 310 1  -  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 this
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  • 186 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 Quang
    AFP  -  186 words
  • 460 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 Hassan
    Agencies  -  460 words
  • 170 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 based
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  • 350 1  -  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 Tourist
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  • Page 1 Advertisements
    • 157 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 25
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    • 9 1 EMS hit by problems in US market, Pg 3
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    • 8 1 King Hussein thinks Iraq is softening, Pg 15
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    • 175 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 a
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  • HOME NEWS
    • NEWS ROUNDUP
      • 124 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 company
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      • 77 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 some
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      • 61 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 enforcement
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      • 67 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 and
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      • 72 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. It
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      • 62 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 attraction
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    • 636 2  -  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 among
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    • 204 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 the
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    • 205 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 provide
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    • 210 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 Centre
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  • Page 2 Advertisements
    • 106 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 AMOUNT
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 607 3  -  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 in
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    • 255 3  -  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 $7.8 million, a drop
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    • 378 3 Bernama CONSOLIDATED Plantations Bhd says it will make an extraordinary gain, after property gains tax, of M$ 159 million from the proposed sale of its 480.19 hectares of agricultural land in Seafield and Damansara to Sime UEP Properties Bhd. Consplant said
      Bernama  -  378 words
    • 226 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, said
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    • 373 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 Kuala
      Bernama  -  373 words
    • 309 3  -  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 with
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    • 212 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 the
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    • COMPANY BRIEFS
      • 86 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 of
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      • 153 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' recently
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      • 68 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 assets
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      • 76 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, were
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      • 139 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 *****57
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  • Page 3 Advertisements
    • 335 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, the
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 102 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," Tooth
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      • 63 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 maximum
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      • 81 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, Itoman
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    • 309 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 decision
      AFP  -  309 words
    • 108 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 new
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    • 299 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 Susan
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  • Page 4 Advertisements
    • 103 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,
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    • 162 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).
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  • Page 5 Advertisements
    • 126 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',
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 102 6 BRITISH GAS pic is bidding US$3 billion for Union Texas Petroleum Holdings Inc, a large independent American oil and gas producer, the London Sunday Times newspaper reported. The report said British Gas was seeking to expand overseas as competition has grown in the
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      • 65 6 THE UNITED Steelworkers of America said contract talks with USX Corp have been recessed following a company proposal that fell far short of settlements the union has reached with other major steel companies. The union's chief negotiator, Andrew Palm, said the union was disappointed by the company's
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      • 102 6 FARAH Manufacturing Inc said in El Paso, Texas, it expects to report a substantial loss for the year ended October 31, whose results will be reported in six weeks. In fiscal 1989, Farah earned US$ll.6 million or US$l.B6 per share on sales of U*****.1 million. Farah
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      • 114 6 BRITISH Prime Minister Margaret Thatcher was informed by Rupert Murdoch, chairman of News International on October 29 about the planned merger between Murdoch's Sky Television and British Satellite Broadcasting (BSB), a spokesman for the Prime Minister's office said. "Mr Murdoch told the Prime Minister that Sky
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      • 64 6 DAIMLER-BENZ AG and the Bonn government plan talks on offsetting currency losses at Daimler unit Deutsche Airbus GmbH, Der Spiegel magazine has reported. No comment was immediately available from Deutsche Airbus on Sunday, but spokesman Josef Grendel said last week the aircraft maker "would not
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    • 516 6 NTYT THE US SECURITIES and Exchange Commission is preparing to provide federal savings regulators with information from its four-year investigation of Drexel Bumham Lambert Inc, according to sources directly involved in the case. The move is intended to enhance the ability of
      NTYT  -  516 words
    • 444 6 Reuter A BRITISH court-appointed administrator of failed business empire Polly Peck left Northern Cyprus emptyhanded on Saturday, denied access to the group's firms in the Turkish side of the divided island. Administrator Richard Stone was blocked by the government of the self-pro-claimed
      Reuter  -  444 words
    • 333 6 Reuter WHEN the two firms spearheading satellite broadcasting in Britain decided to merge early this month, European hopes of leading the world in high definition television (HDTV) technology suffered a severe jolt. The betrothed companies are consortium-owned British Satellite Broadcasting (BSB) and
      Reuter  -  333 words
    • 148 6 Reuter US OIL COMPANY Mobil Corp will pay damages of US$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
    • 351 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$956
      Reuter  -  351 words
    • 315 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 Commission
      NYT  -  315 words
  • Page 6 Advertisements
    • 151 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 and
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    • 180 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 or
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  • FINANCIAL NEWS
    • 524 7  -  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 6th
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    • 269 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 to
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    • SMALL CHANGE
      • 116 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. European
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      • 80 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. He
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      • 81 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 new
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      • 113 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 statement
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    • 386 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 wave
      Reuter  -  386 words
  • Page 7 Advertisements
    • 201 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 its
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  • Page 7 Miscellaneous

  • THE REGION
    • NOTE BOOK
      • 102 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 the
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      • 98 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 to
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      • 66 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 was
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      • 89 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, also
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      • 86 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 increases
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      • 78 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 September
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    • 462 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 6.49
      AFP  -  462 words
    • 422 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 Lau
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    • 131 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$272
      AFP  -  131 words
    • 203 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
    • 49 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 picture
      Reuter picture  -  49 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 168 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,v
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  • THE WORLD
    • 311 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 they
      Reuter  -  311 words
    • 468 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 prosper
      AFP  -  468 words
    • 286 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 general
      Reuter  -  286 words
    • 174 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 budget
      AFP  -  174 words
    • WORLD WATCH
      • 92 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 to
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      • 80 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 the
        80 words
      • 74 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 a
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      • 64 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 million
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  • Page 11 Advertisements
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  • 497 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 and
    497 words
  • WHAT THE OTHERS SAY
    • 228 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 is
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    • 122 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.
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    • 134 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 failure
      134 words
  • REGIONAL VIEWPOINTS
    • 159 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 for
      159 words
    • 143 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 9.14
      143 words
  • 830 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 last
    NYT  -  830 words
  • Page 12 Advertisements
    • 36 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: *****65
      36 words
  • Page 12 Miscellaneous
    • 102 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 YOU
      102 words

  • ANALYSIS
    • 783 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
    • 1301 13  -  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, reports
      1,301 words
    • 553 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 cent
      Asahi News Service  -  553 words
  • Page 13 Advertisements
    • 37 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 Road
      37 words

  • INNOVATION & TECHNOLOGY
    • 726 14  -  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 and
      726 words
    • 303 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
    • 271 14  -  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 founded
      271 words
  • Page 14 Advertisements
    • 219 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

  • FOCUS
    • 429 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 took
      Punch  -  429 words
    • 427 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 the
      NYT  -  427 words
    • 503 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 meetings
      Reuter  -  503 words
  • Page 15 Advertisements
    • 166 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 make
      166 words

  • Page 16 Advertisements
    • 1254 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«> The
      1,254 words
  • Page 16 Miscellaneous
    • 752 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

  • LIFESTYLE
    • 624 17  -  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 for
      624 words
    • 925 17  - 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 100
      NYT  -  925 words
    • Article, Illustration
      538 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 by
      Agencies  -  538 words
  • Page 17 Advertisements
    • 279 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
    • 775 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 Roxy
      775 words
    • 303 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 RESOLUTION
      303 words
    • 48 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 RESTAURANT
      48 words

  • SPORTS
    • SIDE LINES
      • 108 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, was
        108 words
      • 104 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 Pierre
        104 words
      • 61 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
      • 69 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 finished
        69 words
    • 421 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
    • 174 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,OOO
      AP  -  174 words
    • 368 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 a
      AFP  -  368 words
    • 309 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
  • Page 18 Advertisements
    • 132 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 alone
      132 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4542 19  -  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 of
      4,542 words

  • 4055 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 25p
    4,055 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3750 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
  • Page 21 Advertisements
    • 312 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

  • BT SHARE INFORMATION SERVICE
    • 185 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
    • 122 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 Jun
      122 words
    • 306 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 has
      306 words
    • 750 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 Oct
      750 words
    • 369 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 31
      369 words
    • 635 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 2.334
      635 words
    • 404 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 00
      404 words
    • 671 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 87
      671 words
    • 147 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: 1043
      147 words
    • 462 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 Reduction
      462 words
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  • STOCK EXCHANGE OF HONGKONG
    • 2258 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 the
      Reuter  -  2,258 words
  • 1619 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 Kogyo
    1,619 words
  • Page 23 Advertisements

  • REGIONAL STOCK MARKETS
    • Australian stocks close off day's highs
      • 971 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 going
        971 words
      • 87 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 1.730 412.03
        87 words
      • 630 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 and
        630 words
      • 555 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 most
        555 words
      • 514 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 peso
        514 words
      • 368 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 -15.5
        368 words
      • 310 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 the
        310 words
      • 805 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 said
        805 words
      • 288 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 China
        288 words
  • Page 24 Advertisements
    • 32 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 Saturday
      32 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 876 25  -  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 $50,000 deposit, leveraged up to 10 times, for trading in a portfolio
      876 words
    • 390 25 Cross rates Nov 12 USS S$ 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 0.8405
      390 words
    • 699 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 trading
      699 words
    • 1198 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 Dec
      1,198 words
    • 564 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 3
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  • COMMODITIES
    • 477 26  -  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
    • 218 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
    • 825 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 local
      825 words
  • 1348 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/I47.00N
    1,348 words
  • Page 26 Advertisements
    • 1088 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 Company
      1,088 words
    • 7 26 Executive Jobs every Saturday in Business Times
      7 words

  • THE TRAVEL PAGE
    • 1010 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 Sec
      1,010 words
    • 739 27  -  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 the
      NYT  -  739 words
    • 217 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 forecast
      217 words
    • 59 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 Nov
      59 words
  • Page 27 Advertisements
    • 239 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)! Then
      239 words
  • Page 27 Miscellaneous
    • 313 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
    • 149 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 franc
      149 words
    • 17 27 n OHL v time He picxs up his Pe^\ t EVENING STANDARD CO. LTD.. 19*2-1 wo 8300
      17 words

  • 364 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 as
    Reuter  -  364 words
  • 264 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 the
    AFP  -  264 words
  • 162 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 on
    AP  -  162 words
  • 605 28  -  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 his
    605 words
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  • Shipping Times
    • 431 29  -  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 month
      431 words
    • 304 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 Traders
      304 words
    • 276 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, equivalent
      AFP  -  276 words
    • 512 29  -  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 airline
      512 words
    • 445 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 net
      AFP  -  445 words
    • 167 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 in
      AP  -  167 words
    • NEWS SUMMARY
      • 44 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 2
        44 words
      • 43 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 Page
        43 words
      • 62 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 of
        62 words
      • 36 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 Page
        36 words
    • LOG BOOK
      • 91 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 Maritime
        91 words
      • 92 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 on
        92 words
      • 72 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 if
        72 words
      • 63 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 have
        63 words
      • 105 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 (23
        105 words
      • 73 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 aircraft
        73 words
    • 1287 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 US
      NYT  -  1,287 words
    • 950 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, The
      950 words
    • 11851 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 published
      11,851 words
    • 3268 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). Alfred
      3,268 words
    • 240 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
    • 1469 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. Air
      1,469 words
    • 2962 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 11
      2,962 words
    • 651 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
    • 444 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 KE697
      444 words
    • 375 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 Princess
      375 words
    • SHIPS IN PORT
      • 643 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 12.11/1800
        643 words
      • 1274 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 Ahmadah
        1,274 words
      • 359 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 on
        359 words
    • 997 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 East
      997 words
    • 611 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 State
      IHT  -  611 words
    • 300 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 third
      Lloyd's List  -  300 words
    • 245 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 Finnish
      Reuter  -  245 words
  • Page 29 Advertisements
    • 554 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*J
      554 words

  • Page 30 Advertisements
    • 103 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 in
      103 words

  • Page 31 Advertisements
    • 2177 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***** ■■■■1
      2,177 words
    • 1007 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 9
      1,007 words
    • 2058 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 17/11
      2,058 words

  • Page 32 Advertisements
    • 1220 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 20/12
      1,220 words
    • 585 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
    • 1200 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 29/12
      1,200 words

  • Page 33 Advertisements
    • 1841 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 96.540
      1,841 words
    • 1790 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* 1/12
      1,790 words
    • 391 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 Tokyo
      391 words

  • Page 34 Advertisements
    • 537 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
    • 734 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 SEATTLE
      734 words
    • 91 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 DOOR
      91 words
    • 1325 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 i
      1,325 words

  • Page 35 Advertisements
    • 1931 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
    • 1185 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 ROTT
      1,185 words

  • Page 36 Advertisements
    • 1678 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 17/11
      1,678 words
    • 770 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
    • 355 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 mvici
      355 words

  • Page 37 Advertisements
    • 1648 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 PIONEER
      1,648 words
    • 1044 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 5/12
      1,044 words
    • 312 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 EXPRESS
      312 words



  • Page 40 Advertisements
    • 806 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 2V12
      806 words
    • 1077 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 MALACCA
      1,077 words
    • 322 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 Wll
      322 words
    • 1158 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 07/12
      1,158 words

  • Page 41 Advertisements
    • 870 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: *****24
      870 words
    • 230 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. MOMBASA
      230 words
    • 819 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 OKUNOZE
      819 words
    • 968 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 A
      968 words

  • Page 42 Advertisements
    • 1045 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 JAKARTA
      1,045 words
    • 495 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 13
      495 words
    • 853 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 45/90E
      853 words
    • 305 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 FOR
      305 words


  • Page 44 Advertisements
    • 18 44 Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursday in Business Times.
      18 words
    • 102 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 At
      102 words
    • 205 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 20/11
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  • Page 45 Miscellaneous
    • 355 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 10
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  • Page 46 Advertisements
    • 311 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 AGUNG
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    • 717 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 19/12
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    • 624 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 UUH
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