The Business Times, 23 November 1990

Microfilm: NL17138
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday November 23 1990 75*
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  • NEWS SUMMARY
    • Article
      Jakarta may change tax rules for swaps
      65 1 THE INDONESIA government is discussing changing the tax rules for forward currency swaps, but bankers are worried the swaps could end up facing a withholding tax. Central bank spokesman Dahlan Sutalaksana said banks had to make sure their customers knew they were liable
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    • Article
      New minister calls for tough action
      61 1 INDIA'S new financc minister has threatened tough action to pull the nation out of what he called a "very, very difficult" economic legacy lett by the ousted government of Vishwanath Pratap Singh. "The message of austerity must go out loud and clear," he said.
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    • Article
      Watches from S*Pore
      27 1 DIAMOND-STUDDED jewellery watches will be the next item to be promoted under the S*Porc label which has so far marketed madc-in-Singaporc jewellery Page 2
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    • Article
      Chatichai to stay on
      26 1 THAI Prime Minister Chatichai Choonhavan, who was rumoured to be ready to tender his resignation, has decided to stay on Page 8
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    • Article
      Special aid still needed
      29 1 JAPAN should continue its special aid to Indonesia to help it cope with higher debts because of the rising yen. President Suharto said Page 9
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    • Article
      UK electricity sale
      37 1 THE BRITISH government said on Wednesday that it aims to raise £5.18 billion in the first stage of its electricity industry sell-off, its biggest and most complex privatisation of the past dccadc Page 10
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    • Article
      Ominous problems
      26 1 THE WORLD faces three ominous problems that, if unaddrcsscd, could well spawn crises of even greater magnitude than Iraq's invasion of Kuwait Page 12
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    • Article
      Mac-Nels expanding
      39 1 LEADING Singapore logistics group Mac-Ncls has a busy year ahead. Its regional operations will be expanded, with new offices in Indochina and Sri Lanka. A second-hand vessel will be purchased as well. Shipping l imes, Page I
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  • MARKETS SUMMARY
    • Article
      Footsie higher
      41 1 SHARE PRICES were higher at midday yesterday, but were below peaks reached after the announcement that Prime Margaret Thatcher had resigned. At about 1145 GMT, the FTSE 100-sharc index was up 13 points, or 0.6 per cent, at 2,139.3.
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    • Article
      Thai embassy deal
      33 1 ALLGREEN Properties, a member of the Kuok group, may well be on the way to clinching the Thai embassy contract, just three days after bagging STPB's Tanglin project Page 3
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    • Article
      Boost for plantations
      31 1 A REDUCED crude palm oil output and rising prices have given a fillip to Malaysian plantation share prices, which have been languishing for months until recently. Page 3
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    • Article
      Brierley's prospects
      26 1 BRIERLEY Investments Ltd (BIL) expects ar. excellent year in 1990/91 but its results may not be as good as in the past Page 4
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    • Article
      Matsushita, MCA deal
      34 1 MATSUSHITA Electric Industrial Co Ltd and MCA Inc have agreed that the Japanese consumer electronics group will buy the US entertainment giant for about $7 billion, Japanese reports said Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 560.59 +4.21 Kuala Lumpur ....476.26 +0.55 Hongkong 3,023.08 +9.42 Tokyo 23.400.28 +583.29 Sydney 1.368.5 -5.6 Wednesday Change New York 2.539.36 +9.16 London 2,126.3 +11.1
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    • Article
      CURRENCIES
      19 1 Exchange rates IJSS SSl.7095 Yen S$ 1.3439 MS SS0.6370 Money market rates Overnight 4-3/4 +3/8 3-month 6-1/4% -1/8
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    • Article
      COMMODITIES
      36 1 London Gold am tlx US$380.20 US$2.85 Rubber S'pore Doc 155.75'/kg -0.25 M'sia Dec 243.50»/kg unch HL Tin Turnover 30 tonnes -II Spot M$l6.02/kg -0.12 Crude palm oil Turnover 1,911 lots +135 Dee M$83 l/tonne +18
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  • Article
    No loans to foreigners to buy KL property
    504 1  -  New ruling applies to individual non-residents too By Magdalene Ng FOREIGNERS buying or developing property in Malaysia can no longer seek local financing, the Malaysian central bank has ruled. They will have to bring in their own funds. The new rule, designed
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  • Article, Illustration
    Lock icon Thatcher resigns after 11 years as Britain's prime minister
    467 1 Reuter MARGARET Thatcher is to resign after 11 years as Britain's prime minister, bowing to a revolt in her ruling Conservative Party. Foreign Secretary Douglas Hurd, Chancellor of the Exchequer (Finance Minister) John Major and Michael Heseltine, a former defence minister,
    Reuter  -  467 words
  • Article, Illustration
    Lock icon Junk bond king Michael Milken gets 10-year jail
    240 1 Reuter A SOBBING Michael Milken, who symbolised the fastmoney frenzy of the 1980s and whose junk bonds changed the facc of corporate America, was jailed on Wednesday for 10 years. It was the toughest sentence yet meted out in the long-running scandal
    Reuter  -  240 words
  • Article
    UK share prices soar, sterling firms
    177 1 BRITISH share prices soared and the pound sterling dipped briefly before firming yesterday morning after Prime Minister Margaret Thatcher announced that she planned to resign. The FTSE index of 100 leading shares jumped sharply within minutes of the announcement from Mrs Thatcher's office that
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  • Article
    Foreign worker limit for services sector doubled to 20pc
    389 1  -  By Anna Teo THE CEILING on the number of foreign workers companies in the services sector can employ has been raised from 10 per cent to 20 per cent. With this increase, employers with illegal workers should do the necessary obtain
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      216 1 gjk 4OF LONDON Writing Instruments Fashion Watches Pocket l ighters Executive Gilt Sets Hmg Ms Dolly Ian for a I ree catalogue today. Anton Tan Agencies Re Ltd Tel: 272-1143 Aircraft Schedule 29 Money Market .27 Commodities 28 Regional News —8, 9 p of market editorial, Cryptic Crossword 29 Regional
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      Page 1 Advertisements Column 2
      155 1 The three contenders, Pg 15 ATM 1 THERE'S more to the life of towards animals. tm m m a P ro,ess ona, cx P al n singaimUt P° rc an an a P ar^mcnt n Personal Finance sivc c u b m C^^[) CX p-( Outlook for platinum fknowledge that
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      Page 1 Advertisements Column 3
      89 1 MINTH 1A Quadruple Zoom+Auto Two-Color. dining on^l jAg TO E- l| I Join us at the top. Enjoy the best Beijing §3. cuisines specially prepared by our master chef. All yours to savour, amidst the grand Sjsw WpM panorama of the city and southern islands, UK the cosy ambience and
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Educational briefing for litter-bugs
        108 2 I HE drive to stamp out the litter-bug is being stepped up. From Dec I, the composition fine for littering offences will be increased from $100 to $150. Offenders will also be required to attend a 15-minute educational briefing on how litter can pollute and harm
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      • Article
        Follow the leader
        51 2 BRITISH Petroleum, Mobil and Caltex have raised their diescl prices to match market leader Shell at 64.2 cents per litre, up 3.9 cents. Esso has not yet increased its diesel price. All four have, however, together with Wearnes Gas, raised their liquid petroleum gas prices across the
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      • Article
        Token of friendship
        61 2 THE governor of Japan's Miyazaki Prefecture has presented a commemorative gift to Prime Minister Lee Kuan Yew as a symbol of the "long-nurtured friendship" between the prefecture and Singapore. The presentation of the gift, a 580-kg ceramic and stainless steel sculpture titled "Sakura" by Japanese artist Shuhei
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      • Article
        Dare to venture forth
        84 2 SINGAPORE has a unique cosmopolitan outlook owing to the growing number of Singaporeans who have lived and studied abroad, said the Senior Minister of State for Education, Dr Tay Eng Soon. He noted that most went to Englishspeaking countries like Britain, the United States, Australia and
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    • Article
      Watch out for the wrist sparklers
      297 2  -  Swiss technology, local designs By Schutz Lee DIAMOND-STUDDED jewellery watches this will be the next item to be promoted under the S*Porc label which has so far marketed madc-in-Singaporc jewellery. These jewellery watches will incorporate Swiss quartz technology with locallydesigned watch faces, casing and
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    • Article
      Lifetime of Holidays case to be heard in May, 1992
      337 2 THE Subordinate Court yesterday picked the period from May 18, 1992, to June 4, 1992, to hear what many consider as a test case as to whether the marketing of some time-sharing schemes amounts to a public offer to buy
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    • Article, Illustration
      Stepping into a brave new world
      142 2 PASSENGERS from Singapore Airlines flight SQ23 from Amsterdam and Zurich being welcomed at Terminal 2 of the Airtropolis yesterday. The SIA flight touched down at 7.40 am, marking the opening of the $650 million new airline terminal. It will double Changi's passenger handling capacity
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    • Article
      Yamada Dobby stamps its presence in region
      210 2  -  By Anne Lee A JAPANESE manufacturer of precision stamping presses yesterday officially opened its first overseas factory, costing $8 million, in Jurong. Yamada Dob by Singapore is also the first company to manufacture stamping presses in Singapore, said its president, Takco Yamada. Sales
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    • Article
      Hyundai to beef up market share for PCs
      235 2 SOUTH KOREAN electronics giant Hyundai may be a latccomcr to the personal computer (PC) sccne but it docs not intend to be a laggard. it plans to increase its regional market share with a distribution arm here, complete with a warehouse and
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      203 2 j^H^H I^^k/ Pp MM m Jfajtm H9 K 8 b mKBBk HE fl SI j| Si HH B IP JH Being a particularly romantic kind of guy, I wanted to surprise a special friend who was flying on Singapore Airlines from Hong Kong to see me in San Francisco. A
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Allgreen may win Thai embassy project
      345 3  -  Lilian Ang ALLGREEN Properties, a member of the Kuok group, may well be on the way to clinching the Thai embassy contract, just three days after bagging the Singapore Tourist Promotion Board's Tanglin project. The Thai Foreign Ministry is said to be backing Allgreen's
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    • Article
      Amcol sells 4 storeys of The Octagon
      232 3 AMCOL Holdings will make a net pre-tax profit of $9.37 million on yet another deal with the Japan-backed Science and Engineering Investment Pte Ltd (SEI). The locally-listed trading and property group, which has embarked on several joint ventures with the SEI group, will
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    • Article
      Summavest pumps $35.7m into Bugis-project unit
      191 3 SUMMA Investments has injected $35.7 million into its subsidiary involved in the Bugis Junction project, bringing into the investment a foreign partner based in the British Virgin Islands. In an announcement yesterday, Summavest said the paid-up capital of subsidiary Gladioli Investments hadbeen raised from
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    • Article
      Lock icon Kimara Securities expected to meet profit forecast
      349 3 Bernama KIMARA Securities Bhd should still meet its profit forecast for the current financial year ending March 31, 1991, despite the current slow stock market conditions, said executive director Eddy Leong Kok Wah yesterday. He told newsmen at the Kuala Lumpur Stock Exchange
      Bernama  -  349 words
    • Article
      Lots of smoke over UIC counter, but where's the fire?
      602 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan NO SMOKE without fire, they say. Yesterday saw much smoke over United Industrial Corporation, but no one could quite figure out just where the fire was. The UIC share price has gone
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    • Article
      Rising palm oil prices lift plantation stocks
      426 3  -  By David Chew A REDUCED crude palm oil (CPO) output and rising prices have given a fillip to Malaysian plantation share prices which have been languishing for months. Figures released by the Kuala Lumpur-based Palm Oil Registration and Licensing Authority (Porla) put Malaysia's
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    • COMPANY BRIEFS
      • Article
        Few accept offer for Cold Store shares
        89 3 CITICORP Investment Bank (Singapore) said the unconditional takeover ofYcr by Goodman Fielder Wattie Ltd for Cold Storage Holdings Ltd (CSH) ended with few acceptances. At the close of the offer on Nov 21. acceptances for only 897.904 CSH shares or 0.72 per cent
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      • Article
        B Sembawang profits drop 93pc
        53 3 BUKIT Sembawang Estates yesterday reported group profit after tax of $724,000 for the six months to September 1990. down 93.8 per cent from the corresponding period last year. Turnover fell 94.7 per cent to $2.24 million. Earnings per share amounted to 3 cents, down from
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      • Article
        Uniphoenix unit's licensing deal
        79 3 POLY-PAKS Sdn Bhd, a wholly-owned subsidiary of Uniphoenix Corporation Bhd. has obtained an exclusive right for the manufacture of straight-sided plastic cans under a licensing agreement with Containers Hi-tech Pty Ltd of Australia. Uniphoenix said in a statement yesterday that the machinery would be located at
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      • Article
        Dreamland to step up marketing
        75 3 DREAMLAND Holdings Bhd, which holds the exclusive franchise for the bedding coordinates for Pierre Cardin, will intensify its marketing efforts to increase Pierre Cardin's market share in all their markets to 20 per cent before the end of 1991. Dreamland executive chairman, Tunku Abdul Rahman
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      • Article
        HL Industries to buy into firm
        94 3 HONG LEONG Industries Bhd said yesterday it proposes to acquire a 51 per cent interest in Ceramica Solare (Sabah) Sdn Bhd, a company in receivership, for a cash consideration of Mslo. It added that the proposed acquisition would enable the group to increase its
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    • Article
      Eu Yan Sang ventures into M'sian property
      194 3 EU YAN SANG Holdings is venturing into property development and investment in Malaysia with the purchase of Malaysian subsidiary Solarvcst. The acquisition will help to spread and increase EYS' property activities tremendously from its base business of Chinese pharmaceuticals. Last week, new parent
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Brierley looks to a good year
      247 4 Reuter BRIERLEY Investments Ltd (BIL) expects an excellent year in 1990/91 but its results may not be as good as in the past, chairman Bruce Hancox said. "Relative to the world economic environment, I believe it will be an excellent year although relative to
      Reuter  -  247 words
    • Article
      Lock icon Daewoo buys into French distributor JCB Industries
      129 4 AFP DAEWOO Electronic, a subsidiary of the South Korean Daewoo group, has bought 34 per cent of the French JCB Industries distribution company, and has signed an agreement of association, the companies announced on Wednesday. The agreement will enable Daewoo Electronic to gain
      AFP  -  129 words
    • Article
      Lock icon Matsushita to pay US$86m for chip plant
      105 4 UPI MATSUSHITA Electronics Corp will pay about US$B6 million in cash and some debt for National Semiconductor Corp's Puyallup, Washington, chip-manufac-turing plant. National, of Santa Clara, California, said the sale would allow it to trim excess production capacity created by its decision in
      UPI  -  105 words
    • Article
      Lock icon Fujitsu disappoints with poor results
      234 4 Reuter JAPANESE computer maker Fujitsu Ltd and group companies turned in a surprisingly bad profit performance for the first half ended Sep 30, industry analysts said. Fujitsu, Japan's biggest computer maker and number two in the world behind IBM, reported yesterday that group interim net
      Reuter  -  234 words
    • Article, Illustration
      Lock icon Grand Met deal seen as vital to Elders' rebound
      593 4 Reuter THE British government's approval of Elders I XL Ltd's pub-for-brcwcrics swap with Grand Metropolitan pic is a key factor in the rejuvenation of one of Australia's leading companies, analysts said. Elders shares, which have been haunted by a barrage of
      Reuter  -  593 words
    • COMPANY BRIEFS
      • Article
        Indonesian bridge project under study
        96 4 AN INDONESIAN firm and a group of Japanese companies have agreed to study building a four-km-long bridge between Surabaya in East Java and Madura island, Indonesia s Minister of State for Research and Technology said. BJ Habibie said that a memorandum of understanding on the
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      • Article
        Carter Holt extends offer
        66 4 CARTER Holt Harvey Ltd said it had acquired or had acceptances for about 95.3 per cent of Elders Resources NZFP Ltd's capital and had extended its takeover offer closing date to Dec 21. CHH last extended the offer date on Nov 9 and declared the bid
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      • Article
        SA Brewing profit up
        99 4 SA Brewing Holdings Ltd said profit for the first four months of the year to June 30, 1991 were higher than in the same period last year. Chairman Rick Allcrt told the annual meeting profits were up in the July-October period but did not give details.
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      • Article
        Adsteam plans debt revamp
        73 4 THE Adelaide Steamship Co Ltd group has proposed an As 2 billion debt refinancing package, the Sydney Morning Herald newspaper reported. The newspaper said the group's bankers were expected to consider the plans, which also involve a previously announced $3 billion asset sale programme, in the
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      128 4 H I Treasures at Rare Prices. jj j|§ i j H From now to Dec 31,1990, Sterling's vintage stock of authentic early j> K i| American furniture (Circa 1776) will be dwindling rapidly at rare prices. jj I fpjty B I TjHS ij If you want to possess some exquisitely
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Matsushita to buy MCA for US$7b, say reports
      350 5 Reuter MATSUSHITA Electric Industrial Co Ltd and MCA I nc have agreed that the Japanese consumer electronics group will buy the US entertainment giant for about US$7 billion, Japanese press reports said. A Matsushita spokesman declined comment on a variety of Japanese
      Reuter  -  350 words
    • Article
      Lock icon Ranks Hovis McDougall expects improvement
      221 5 Reuter RANKS Hovis McDougall pic (RHM) expects to see an improvement in profits in the current financial year after the recent restructuring of its operations. "We do feel confident that RHM will return to the path of growth," the baking group's chairman Stanley Metcalfe told
      Reuter  -  221 words
    • Article
      Lock icon Cable and Wireless ahead
      165 5 AFP BRITISH telecommunications group Cable and Wireless announced a 25-per cent increase in taxable profits on Wednesday to £301 million from £241 million last year. "For all the uncertainty of the world economic climate, the telecommunications industry is in good shape and growing vigorously," said the
      AFP  -  165 words
    • Article
      Lock icon Insurance arm deals heavy blow to BAT profit
      130 5 Reuter BRITAIN'S BAT Industries pic, one of the world's largest diversified tobacco groups, said on Wednesday its third quarter pre-tax profits plunged 89 per cent as stock market losses hurt its Eagle Star insurance unit. Third quarter profits slumped to £41 million
      Reuter  -  130 words
    • Article, Illustration
      Lock icon Nestle forecasts lower 1990 earnings
      315 5 Reuter NESTLE SA forecast lower 1990 profits because of the strong Swiss franc and the Gulf crisis but said it was confident about 1991 prospects. Chief executive Helmut Mauchcr said that at the beginning of the year Nestle had expected 1990 sales to exceed 50
      Reuter  -  315 words
  • COMPANY BRIEFS
    • Article
      Lockheed hears out acquisition proposal
      80 5 LOCKHEED Corp said it met on Tuesday with representatives of NL Industries Inc and investor Harold Simmons so that NL could elaborate on its previously announced proposal to acquire Lockheed for US$4O per share. Lockheed said it would respond in due course to the proposal,
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    • Article
      Campeau names new chairman
      98 5 CAMPEAU Corp said its board of directors appointed Stanley Hartt as a director and chairman of the board. Hartt succeeds Robert Despres, who was appointed as interim chairman in August and who remains a director. The debtladen company had appointed Hartt as president and chief executive
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    • Article
      Georgia-Pacific sceptical
      95 5 GEORGIA-PACIFIC Corp, responding to a press release by the management and consulting firm International Business Consultants (IBC) on a suggested employee buyout, said that an employee buyout of the company has absolutely no chanc? of success. "Georgia-Pacific does not take seriously the possibility that the group in question,
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    • Article
      Ford, GM to shut down plants
      90 5 FORD Motor Co and General Motors Corp announced shutdowns of US vehicle assembly plants from Monday because of falling sales. Ford announced two-week shutdowns at two car plants in Michigan and three truck assembly plants in New Jersey, Minnesota and Virginia, effective from Noy
      90 words
    • Article
      Colgate-Palmolive sets target
      66 5 COLGATE-PALMOLIVE Co said it has targeted worldwide sales increases of 10 per cent or more each year and planned that increases in earnings per share will range in the teens, averaging compound growth of 15 per cent. Colgate said it is adopting the new goals because it
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    • Article
      Asea unit wins contract
      75 5 ABB Leitungsbau GmbH, a unit of Germany's Asea Brown Boveri Cie AG, said it has been awarded a 35 million mark order by the Bangladesh Power Development Board to build an 80-kilometre long power line. The order, which covers planning, delivery and installation of the line,
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      156 5 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
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      Page 5 Advertisements Column 2
      206 5 A SPECTACU LAR SHOWCASE OF RARE TIMEPIECES SPANNING NEARLY TWO CENTURIES OF TRADITION Myj \eu ton. automatic in !H i t gold or gold/steel Planetarium Copernicus, individually numbered, handmade in Ifi ct gold Michelangelo, automatic in Ifi ct gold or gold/steel For the exclusive perusal of the connoisseurs of things
      206 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon German banks likely to see earnings slowdown
      583 6 Reuter ItER world securities <er and prices will slow irnings' growth at Gers major banks, but 10i partial operating reare still likely to top go levels, banking secalysts said. mmerzbank AG starts icrman banks' autumn ting season today, rcig 10-month figures, ner Bank
      Reuter  -  583 words
    • Article
      Lock icon Japanese indifferent to yen's rapid surge
      180 6 AFP THE Bank of Japan has received few complaints from Japanese companies about the yen's recent surge against the US dollar and other major currencies, a senior central bank official said on Wednesday. "Surprisingly, we heard very little complaints about the rapid appreciation of
      AFP  -  180 words
    • Article
      Lock icon Indian banking system is still healthy: governor
      565 6 Reuter RESERVE BANK of India governor R N Malhotra acknowledged criticism by the World Bank that India's banks are inefficient and among the world's least profitable but he said the banking system is basically healthy. There has been no bank failure or government
      Reuter  -  565 words
    • SMALL CHANGE
      • Article
        Bank of China forex deposits rising
        105 6 INDIVIDUAL foreign exchange accounts in the Bank < China are expected to rise by US$2OO million between no and the year-end, the China Daily said. Total foreign e: change deposits at the central bank were US$3 billion at tf end of October, it said.
        105 words
      • Article
        Fidis to swap stakes with bank
        84 6 FIAT SPA's financial services unit, Fidis SpA, said it ij swapping a minority stake with Banco Hispano-Americano aj part of a collaboration accord. Under the deal Fidis wil receive a one per cent interest in the Spanish4>ank, whidi it turn is getting 2 per
        84 words
      • Article
        Berliner opens Budapest office
        57 6 BERLINER Bank AG has opened a representative office ir Budapest jointly with its insurance partner Gothaer Versi cherungsgruppc on Nov 21. The bank said it will also open j representative office in Prague at the start of 1991. Berlinei Bank currently has a branch office in
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      201 6 B^rWH t,<i^^ M[|||^^^ l,— tm Introducing the copier from Canon that is r I ,#ksj^[|iU^ C un^ue re P^ acea^e cartridge thats virtually designed for a man in your position. SH maintenance-free. If time means money to you then this portable 111 With this feature, adding colours to your copier
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      Page 6 Advertisements Column 2
      81 6 p 1' I v r ITOIHIBMWHtHIKI Specialists in Ftne HcmA-krvxuJ Cjrpets GRAND AUCTION PI Sunday, November 25,1990. Pj| Grand Ballroom, |g| Hilton International, fij| 100 Hand-knotted Persian, Village, jSj Tribal and Workshop pieces. Viewing: 10am Ipm i Auction Sale: 1.30pm spm fig All lots are guaranteed and backed by 1
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  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      137 7 /■Eara^snHKo^^^BV' MB* jSB wG*3 9 #11B^^^B #9B IT 1 li x KBSm sAA\ i Hi Um BB k B B B -ffi|HH| !y I J ill V^lF t B B B' v jb Hbh 1b I L/K I Earl El *r? JB b KtikJl Sfl b B a HI U
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  • THE REGION 1
    • NOTE BOOK
      • Article
        Hongkong not keen on air links with Vietnam
        110 8 HONGKONG has shunned air link talks with Hanoi, citing its Vietnamese refugee problem as the major hurdle despite the local flag carrier's interest in flying to Vietnam, the government indicated yesterday. Cathay Pacific Airways Ltd has expressed the wish to fly direct
        110 words
      • Article
        Investments in Hanoi
        55 8 HANOI approved eight overseas investment projects worth US$9B million in October. The official daily Nhan Dan said in Hanoi yesterday that more than 80 per cent of the money will come from foreign capital, with the remainder coming from local investment. Of the total, US$B7 million will
        55 words
      • Article
        Typhoon destroys sugar crop
        75 8 UP TO 13 per cent of the Philippine sugar crop has been lost due to a killer typhoon but the harvest should fill domestic needs and an export quota in the US. The daily Business World in Manila yesterday quoted Confederation of Sugar Producers spokesman Gregorio
        75 words
      • Article
        Liem named leader of the year
        58 8 INDONESIAN businessman Liem Sioe Liong has been named corporate leader of the year by the editors of Asian Finance magazine. Liem, 52, chairman of the Indocement group conglomerate, is often referred to as the richest individual in Indonesia. He also has wide-ranging business interests
        58 words
      • Article
        Manila to reassure Beijing
        79 8 THE Philippines will assure Premier Li Peng of its "One China" policy during his visit to the country next month but will justify strong economic links with Taiwan. Foreign Secretary Raul Manglapus said in Manila yesterday: "We would inform them of our economic situation and our
        79 words
      • Article
        KL wants more Iranian oil
        67 8 MALAYSIA wants to import 50,000 more barrels of heavy crude petroleum a day from Iran, up from about 20,000 barrels being supplied now. Foreign Minister Datuk Abu Hasaan Omar said in Kuala Lumpur yesterday that the increase was mainly to supply a refinery being leased
        67 words
      • Article
        Taipei team in Australia
        60 8 A 62-MEMBER Taiwanese business delegation left for Perth yesterday for talks with its Australian counterpart to discuss closer bilateral relations between the two countries, the ROC (Taiwan)-Australia Trade Association said. Led by association chairman Jeffrey Koo, the mission would negotiate direct private air flights between Taiwan
        60 words
    • Article, Illustration
      Lock icon Chatichai decides not to resign as tension mounts
      549 8 Generals fail to attend meeting with premier Reuter THAI Prime Minister Chatichai Choonhavan was still one step ahead of his restless generals yesterday but analysts say Thailand, and the investors who have fuelled its unprecedented prosperity, cannot stand much more tension. The
      Reuter  -  549 words
    • Article
      Fewer applicants for Thai investment projects in October
      370 8 THE THAI economy reached a watershed in October and the number of new applications for investment projects took a nosedive. That was when the Thai economy began to feel the impact of the Gulf crisis, according to a number of economists and
      370 words
    • Article
      Lock icon Daim stresses importance of better linkages
      381 8 Bernama MALAYSIA will have to emphasise the development of stronger linkages in the next phase of development of the manufacturing sector with the domestic economy, with a view to reducing dependence on imported raw materials, Finance Minister Datuk Paduka Daim Zainuddin said on Wednesday
      Bernama  -  381 words
    • Article
      Lock icon Manila needs to raise oil prices to get IMF loans
      287 8 AFP THE PHILIPPINES must raise oil prices and government revenue before the International Monetary Fund (IMF) will agree to release new loans. Finance Secretary Jesus Estanislao said in Manila on Wednesday. Mr Estanislao said Manila and the IMF had an
      AFP  -  287 words
    • Article
      Lock icon Indonesia's pawn shop chain joins banking world
      611 9 Reuter INDONESIA'S only pawn shop company wants to get in on the country's financial boom and become the banking equivalent of a fast-food chain where you don't have to dress up to borrow money. "With fierce competition from banks, we are introducing a
      Reuter  -  611 words
    • Article
      Lock icon Jakarta still needs Japan's special aid
      313 9 An alternative would be to provide soft loans, says Suharto Reuter JAPAN should continue its special aid to Indonesia to help it cope with higher debts because of the rising yen, President Suharto said on Wednesday. "We still need special aid from Japan to
      Reuter  -  313 words
    • Article, Illustration
      Leaders at opening of fifth SAARC meeting
      73 9 Heads of states or government at Wednesday's opening of the Fifth Summit of the South Asian Association for Regional Cooperation in Male, Maldives. From left to right: Prime Minister of Nepal Krishna Prasad Bhattaria; Indian Prime Minister Chandra Shekhar, Bangladeshi President llussain Muhammad
      73 words
    • Article
      Lock icon Wider gap between rich and poor in NZ
      211 9 AFP THE GAP between the rich and poor in New Zealand widened in the 1980s, a new study. Who Gets What?, published in Wellington yesterday says. In the last five years the poor have become poorer, it said, and the differences between
      AFP  -  211 words
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      93 8 specially selected for you by our Master Chef to titillate your range to choos<P" from with prices ranging from as low as $6.00 to $12.00 which includes a complimentary dessert. C-r i a <J& M±nim#m ■iiMIMiIB 3 SICHUAN SEAFOOD RESTAURANT V^fl JJMWMmM 336, River Valley Road #01-01, AA Centre, Singapore
      93 words
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      Page 8 Advertisements Column 2
      37 8 PARK^^I (District 10) V FOR LEASE V Quality accommodation Full condominium facilities H I Excellent location 7 1 /2 acres of landscaped garden High standard of management plus 24-hour security H 3+l/4+l bedroom apartments Immediate occupation H
      37 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      118 9 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your d(x>rstep. A choice location near exciting Orchard tßoad and the central business district. And of all. that warm lamily atmosphere jjf'
      118 words
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      13 9 A Zodiac ft a SWISS 1882 SOLE AGENT: CRYSTAL TIME fS) PTE LTD
      13 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        EC opens inquiry into dumping charges
        118 10 THE European Community opened an inquiry on Wednesday into polyester fibre imports from India and South Korea after EC competitors alleged these have quadrupled since 1986 eating into their markets and profits. The EC Commission said EC makers of polyester fibres have charged that
        118 words
      • Article
        Expected slowdown in growth
        89 10 SOUTH KOREA'S central bank yesterday predicted a slowdown in real economic growth for 1991, saying both exports and domestic demand were expected to decrease. The Bank of Korea (BOK) also forecast a higher trade deficit and slightly higher unemployment, but perhaps lower inflation. Economic growth would
        89 words
      • Article
        Lower ceiling on gains
        68 10 OFFICIALS in China's Shenzhen Special Economic Zone bordering Hongkong have lowered the ceiling on daily stock market gains to try to dampen black market trading. The Beijing-funded Ta Kung Pao newspaper said on Wednesday that the ceiling was halved to half a per cent from one
        68 words
      • Article
        China-Romania accord
        77 10 CHINA and Romania have signed a protocol for an agreement on scientific and technical cooperation. The official New China News Agency (NCNA) said on Wednesday that the agreement was signed after the 30th meeting of the Sino-Ro-manian Science and Technology Cooperation Committee in Beijing. Under its terms both
        77 words
      • Article
        Joint ventures in Romania
        77 10 ROMANIAN and foreign enterprises have set up 570 joint ventures, investing US$66 million, since December last year, compared with a mere four joint ventures previously. Officials in Bucharest said on Wednesday that the US topped the list ot foreign investors with US$lO million, trailed by France,
        77 words
      • Article
        US rewards Turkey
        70 10 WASHINGTON will allow Turkey to sell more textiles and clothing in the US as a reward for strongly opposing Iraq's August invasion of Kuwait. The Washington Post reported on Wednesday that the agreement, reached two weeks ago but not yet made public, boosts the quotas on Turkey's
        70 words
    • Article
      Lock icon Electricity privatisation: £5b sought in stage one
      441 10 AP THE BRITISH government said on Wednesday that it aims to raise £5.18 billion in the first stage of its electricity industry sell-off, its biggest and most complex privatisation of the past decade. Twenty per cent of the 2.16 billion shares being sold
      AP  -  441 words
    • Article
      Lock icon Soviets give West a list of food needs
      597 10 Reuter THE SOVIET UNION has given the West an urgent winter grocery list and several countries, as well as the European Community, are studying how to rush in the goods before the harsh months ahead, officials said on Wednesday. The list, presented
      Reuter  -  597 words
    • Article, Illustration
      Lock icon Soviet republics creating own economic union
      422 10 AP RUSSIAN President Boris Yeltsin said on Wednesday that the IS Soviet republics could no longer wait for a union treaty to be approved and were proceeding on their own to create a new economic union. Also on Wednesday, the leader of a group
      AP  -  422 words
    • Article
      Lock icon India gets US$352m from IMF to pay deficit
      302 10 Reuter INDIA has drawn US$352 million from the International Monetary Fund (IMF) to help finance its worsening balance of payments deficit. Finance Secretary Bimal Ja-, lan said on Wednesday. "We had some reserve money there and that was what we had drawn
      Reuter  -  302 words
    • Article
      Lock icon US proposal may jeopardise services pact
      394 11 Gatt trade talks Reuter THE UNITED STATES made a radical last-minute proposal in world trade talks which threatens to jeopardise efforts to reach a new pact governing services such as finance and telecommunications, delegates said on Wednesday. "The US blew the whole services sector
      Reuter  -  394 words
    • Article
      Lock icon Show political will to make talks a success, US tells EC
      237 11 Reuter US TRADE Representative Carla Hills said the stalled Gatt world trade talks could still be successfully concludcd by the end of the year providing the European Community showed political will. Ms Hills said failure at the Uruguay round
      Reuter  -  237 words
    • Article, Illustration
      Lock icon EC dangles carrot to get industry accord on Japanese cars
      359 11 Reuter THE EUROPEAN Community's executive commission is using a carrot and stick approach to persuade its reluctant motor industry to let in more Japanese cars. EC Industry Commissioner Martin Bangemann has threatened to open the 12nation EC market to a
      Reuter  -  359 words
    • Article
      Lock icon Japan taking hard anti-protectionist line
      238 11 Reuter JAPAN is taking a hard line against protectionism in most areas of global trade, with the two big exceptions of its own markets in rice and financial services, trade officials said. Japan is particularly serious about seeking fair methods of settling trade disputes and
      Reuter  -  238 words
    • Article
      Lock icon Govt refutes US oil firms9 windfalls
      296 11 Govt refutes US oil firms 9 windfalls Reuter US oil companies have not made runaway profits from the surge in oil prices since the Gulf crisis began, the Energy Department said on Wednesday in a report dismissed by a consumer group as pro-industry. The special report said that during July,
      Reuter  -  296 words
    • Article
      Lock icon Opec producers to enjoy US$44b windfall
      380 11 UPI MIDDLE EAST oil producers will realise a windfall of about US$44 billion in extra revenue this year from the rise in oil prices during the Persian Gulf crisis, an industry newsletter reported on Wednesday. Opec Listener, an authoritative monitor of the 13-na-tion Organisation
      UPI  -  380 words
    • Article, Illustration
      Lock icon A light moment at Bush-Fahd meeting
      49 11 The Gulf crisis US President George Bush sharing a laugh with King Fahd of Saudi Arabia at the start of a bilateral meeting at the Royal Palace on Wednesday. Mr Bush was on a two-day visit to Saudi Arabia. Reuter picture Reuter picture
      Reuter picture  -  49 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      160 10 /Aittjjmms Singapore Indoor Stadium 28th December 1990 2nd January 1991 p $10. $15, $30. $40, $50 and $80 ticket* are available at KB& Victoria Memorial Hall Wisma Atria All Safra jKj Clubhouses Oriental Emporium (Jurong East. -r w —l r-r —^f=r~, H| Ang Mo Kkx Bedok. BukitMerah. Holland Village. <•
      160 words
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      Page 10 Advertisements Column 2
      255 10 kMs CRANFIELD MBA jg ADMISSION TEST For programme commencing January 1991 In response to the wide interest in the programme, an additional Admission Test has been arranged for Friday, 30 November 1990. The test details are as follows: Date Time Venue Friday, 30 November 1990 630pm KPMG Peat Marwick Hong
      255 words
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  • Page 11 Advertisements
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      47 11 Golfolidayi i g, t^raH^^HIUBBHBiI 4/5 days Phuket Oai'y departure Thai I q Holiday Inn or Golf transfers, green fee, caddy provided Non golfer from 2 mm (Member o« SPH TPI) [Formerly known as Sin Chew Travel) *****828 50 Collyer Quay. Overseas Union House #01 03. Singapore 0104
      47 words
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      Page 11 Advertisements Column 2
      45 11 I i ft HHT < l 4 »*/l£ n Jw 1 B IbmB *L. Km M I v "^fw^y#w v *>• X \y^ *V w V Sw&> v ballesteros >• ./J SOLE AGENT SUMBER CO PTE LTD TEL: *****01 FAX *****74 AVAILABLE AT LEADING OPTICAL GOLF SHOPS V
      45 words
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      Page 11 Advertisements Column 3
      38 11 ACCESSORIES BALLY BOUTIQUE in SINGAPORE: #01-018 Shaw Centre/Raffles City/Royal Holiday Inn Crown© Ptaza. Authorised dealers DFS Tangim Road/Claymore Pomt/Meridten Hotel Isetan. Havelock Rood/Parkway Parade/Wisma Atria Doimaru. Liang Court Scotts Wertnauer, Changi Terminal 2. Studio Accessories, Hyatt Hotei/Sogo Paragon
      38 words
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  • Article
    Opportunity in uncertainty
    468 12 EDITORIAL THE Skills Development Fund had a problem on its hands last year. The economic boom kept companies so busy they could not keep their training commitments. They simply could not afford to release workers for classes. Singapore's economic woes have long been largely problems of success.
    468 words
  • WHAT THE OTHERS SAY
    • Article
      Security still needed
      263 12 I WO POINTS stand out from among those made last week at the summit of the Conference on Security and Cooperation in Europe. The first is that, despite the end of the Cold War, a strong defence is still necessary in Europe because military threats continue to
      263 words
    • Article
      New pay system for calls
      106 12 POPULAR FEEDBACK indicates there is still doubt about the time-based system of charging telephone calls due to be introduced next year. The widespread concern shows the importance of phone services to a modern city state like Singapore and highlights resistance to changing a system that
      106 words
    • Article
      Prepare for old age
      141 12 YOU HAVE to be prepared for it, if you are to grow old gracefully. By the year 2010 a mere two decades away one quarter of Singaporeans would have retired. "Granny" flats is one answer to the needs of the aged. Still, there must be careful
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      Making for flexibility
      133 12 THE GULF crisis has afforded China the chance to enhance its image as a global power, both as a permanent member of the United Nations Security Council, and as a possible mediator which has cordial relations with all the Arab countries. The parade of eminent visitors to
      133 words
    • Article
      The hostage card
      162 12 BAGHDAD HAS announced it intends to free some hostages at Christmas, and others at intervals. This may not be the most cynical Iraqi ploy since the Aug 2 invasion of Kuwait, but it ranks near the top. It is all the more cynical since the intent is
      162 words
    • Article
      Broader export base
      215 12 HAVING HELPED propel the economy to a sustained high rate of growth in the last few years, Malaysian exporters now face the daunting task of diversifying their markets. Putting all its eggs in one basket can be devastating for the country, which requires an export sector that
      215 words
  • Article, Illustration
    Lock icon Danger lurks just over the horizon
    1314 12  -  Sam Nunn discusses three problems that could take on an even greater significance than the Gulf crisis Sam Nunn The writer, a Democrat, is chairman of the Armed Services Committee of the United States Senate NYT AMERICA'S attention to events beyond its borders has
    NYT  -  1,314 words
  • Page 12 Advertisements
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      202 12 MCROCASSCTTE R€CORO» SjBB Pearlcorder 5930 The new pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Tme function memorizes the date and
      202 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      77 12 DOONESBURY BY garry trudeau THIS IS ROLAND HEDLEY TODAY PRESIDENT SURE, THERE ARE PROFZSGKmX OH. THE ..<///A U/TTH THE PRESIPENT, PUT BUSH CONTINUES COMICS UKE JAY LENO OVER MY-M HHj MU f i ICAN7 SAY WHERE, JUST l(( r C\V\ TO ENTERTAIN THE HERE THIS HOUPM, BUT tVS TOTALLY 'fl
      77 words
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  • ANALYSIS
    • Article
      Lock icon The downfall of the king of junk bonds
      575 13 Did Michael Milken deserve his ten-year sentence? Opinion appears to be mixed Reuter, AP NEWS of Michael Milken's fate reverberated up and down Wall Street, sobering the mood of traders and executives elbowing up to the bar at Harry's, a popular watering
      Reuter,; AP  -  575 words
    • Article, Illustration
      Lock icon World's banks sort out their problems
      882 13  -  The world's banks and borrowers are suffering a painful crunch. Jathon Sapsford reports on how the situation developed and what the banks will try to do to remedy this sad state of affairs Jathon Sapsford Reuter Economic slowdown after a heady decade of prosperity
      Reuter  -  882 words
    • Article
      The hot computer makers
      715 13 While the bogey of recession has US giants spooked, Japan's Big Five are doing very well FROM giant IBM to troubled Wang Laboratories Inc, US computer makers are feeling the pinch of a recession. Things are also rough in the European computer industry, where plummeting profits
      715 words
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      68 13 POLITENESS 1 he kind ot hospitality that makes one tool at home In Penang where else but Shangri-La. SHAM.RI LA INTERNATIONAL: M ALA LUMPUR lO?t 2» 6248 SINGAPORE <35 7876 SM4M.II I H»TM**TKH»U NOIFLS **d MMHTS *>*0* HIS* lIJI MOM. lOW. INIMmsU *»\U fHILIPfhh iIWII SlM,4fO«» IMMI *MI i T*
      68 words
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      148 14 I THE PROM ENADE CERTAINLY I I For some of us, many of life's luxuries have quietly evolved into life's simple necessities. Take for example this handsome evening garb from Jean Paul Gaultier on Level Three for a paltry $2740. The Promenade. Where you will find all our Boutiques contain
      148 words
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  • FOCUS
    • Article, Illustration
      Lock icon The Tarzan of British politics
      389 15 Margaret Thatcher's resignation has opened the door for three men to vie for the prime ministership UPI WHILE a student at Oxf or d University, Michael Heseltine once wrote his goals in life on the back of an envelop. The last item on his list
      UPI  -  389 words
    • Article, Illustration
      Lock icon Gulf crisis gives a boost to Hurd
      403 15 Reuter BRITISH Foreign Secretary Douglas Hurd is a former career diplomat whose stature has grown during the Gulf crisis. Tall and white-haired, the 60-year-old Hurd is outwardly stern but with a diplomat's suppleness of mind that has been his hallmark in politics. His
      Reuter  -  403 words
    • Article, Illustration
      Lock icon A man in the Thatcher mould
      413 15 Reuter JOHN MAJOR is a perfect embodiment of Margaret Thatcher's enterprise culture. And like her, the 47-ycar-old Chancellor of the Exchequer is a far cry from old-style Conservative politicians. The son of a one-time circus trapeze artist, he has made a stunning ascent to
      Reuter  -  413 words
  • Page 15 Advertisements
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      476 15 Golden Hope Plantations Berhad (Incorporated in Malaysia) Golden Hope Directors: Registered Office: Tun Ismail bin Mohamed AH (Chairman) 13th Floor. Menara PNB, Dato' Abdul KhaJtd bin Ibrahim 201-A, JalanTun Razak. Zain Azahari bin Zainal Abidin ***** Kuala Lumpur. Mohammad bin Abdullah Malaysia. Howe Yoon Chong Dr. Ng Chong Kin Abdul
      476 words
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      Page 15 Advertisements Column 2
      1024 15 A The Mitsubishi Bank, Limited Incorporated in Japan with Limited Liability CONDENSED CONSOLIDATED BALANCE SHEET CONDENSED CONSOLIDATED AS AT 31 ST MARCH 1990 AND 1989 STATEMENTS OF INCOME FOR THE YEARS ENDED 31ST MARCH 1990 AND 1989 1990 1999 Millions of Yen Millions of Yen 1990 1989 ASSETS Millions of
      1,024 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        O'Connor in final of amateur championship
        87 16 TEENAGER Stephen O'Connor of Ireland entered the final of the 17th World (Amateur) Snooker Championships in Colombo on Wednesday, winning 8-7 in a tense semi-final against Bjorn L'Orange of Norway. Joseph Swail of Northern Ireland was leading 4-2 against Steve Lemmens of Belgium in
        87 words
      • Article
        Call for change in format
        94 16 LEADING Australian rugby league coach Brian Smith has called for the format of international tours to be changed. Smith, who quits British League leaders Hull in January to return to Sydney and take charge of St George, believes Australia and Great Britain should play more
        94 words
      • Article
        Youth Olympics next year
        68 16 THE inaugural European Youth Olympic Days, bringing together more than 2,000 European teenagers to compete in 10 sports, will be held in Brussels next year from July 17 to 21, officials said on Wednesday. Organised by the European Community and the 12 National Olympic Committees of
        68 words
      • Article
        Possible court appeal
        92 16 A COURT APPEAL was being considered on Wednesday in the case of the first winner of an English thoroughbred classic race stripped of victory because of doping. Lawyers for the Aga Khan, owner of 1989 Oaks winner Aliysa, said they might go to court to try to
        92 words
      • Article
        Book-keeper to be sentenced
        65 16 THE former book-keeper of horse trainer Charley Whittingham will be sentenced to four years in prison for embezzling nearly US$l.5 million from the trainer. Authorities in Los Angeles said on Wednesday that Sally Ann Stubblefield, who had pleaded no contest to four felony counts, was released
        65 words
      • Article
        Netherlands beats Greece
        100 16 THE Netherlands scored its first soccer victory in more than half a year by defeating Greece 2-0 on Wednesday in a 1992 European Soccer Championship qualifier in Rotterdam. Dutch forward Dennis Bergkamp, playing his third match on the Dutch team, began the offensive in the 12th minute
        100 words
    • Article, Illustration
      Lock icon Thai sensation Wattana avenges defeat
      483 16 UK snooker championships AFP THAILAND'S snooker sensation James Wattana settled an old score in Preston on Wednesday night when he hammered Welshman Darren Morgan in the fourth round of the UK Championship. The 20-year-old from Bangkok avenged his defeat in the quarter-finals of the World
      AFP  -  483 words
    • Article
      Lock icon Unheralded Sanqsui claims first place
      382 16 AP THE World Cup of Golf has a first-place Thai. Unheralded Saneh Sanqsui of Thailand shot a 7-under-par 65 on Wednesday in the opening round of the tournament, comprised of 32 two-man teams from around the globe. Sanqsui, making his first visit to the US,
      AP  -  382 words
    • Article
      Lock icon Sandy Armour scores double-eagle for lead
      148 16 AP AMERICAN golfer Sandy Armour scored a double-ea-gle yesterday en route to a 7-under-par 64 and the firstround lead in the Australian PGA tournament in Sydney. Armour holed his second shot on the par-5 9th hole at the par-71 Riverside Oaks to take a
      AP  -  148 words
    • Article, Illustration
      Lock icon Dittmar says Pakistan made huge contributions
      519 17 AFP CHRIS DITTMAR, the president of the International Squash Players' Association whose forthright comments stirred up bitter resentment in Pakistan, on Wednesday congratulated the country for its enormous contribution to the sport. But the Australian did not deny previously branding Pakistan "unhygienic" and Jansher
      AFP  -  519 words
    • Article
      Lock icon Border warns against too much confidence
      255 17 AP AUSTRALIAN cricket captain Allan Border warned his team against over-confidence on the eve of the first test match against England, which begins today at the Gabba Ground. Australia trounced England 4-0 last year and the tourists have made a disappointing start to their
      AP  -  255 words
    • Article
      Lock icon Davis and Pate move towards semi-final spot
      351 17 Agencies SCOTT DAVIS and David Pate upset fellow Americans Rick Leach and Jim Pugh in a three-set marathon yesterday to move towards a semifinal spot in the IBM-ATP World Doubles finals at Sanctuary Cove. Davis and Pate played slick tennis at the net
      Agencies  -  351 words
  • Page 16 Advertisements
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      249 16 .alai l^'iill i v k-jji'ii.'-i- Ln,' >i zx w 6 1/? i' r KH'-JBf VMt y §fj'f f' 1 »t t>il-ii.,jtJi jf 11 £tf ,nr V;^^ NBiWßSSHwii^^fe^^^^k^ij'"■j io' r\ »1 ''IHBraDS I lit I y*^ n nowerni Tsrniiv a pv/TYvuuA u y# A S x 51 k M4 ■^^^WHHBBi That's
      249 words
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      248 17 Be a BIGGER I I And play up to nltteTs Now you can be a bigger hitter and play up to 20% better. With Cougar Golfs Big Cat. And its revolutionary bigger clubhead which has a 20% larger sweet V- pwccwow balahci spot, specially designed Shank-proof' hosel, better weight distribution.
      248 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      280 18 WHERE TO WINE. PINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? i:H Kvery Thursday: l-adics Night. F.very Night: Ihe place lo kc and be wen. Scandals, .Singapore's most viphisticated club and meeting place. For details on iiiembership, call 330
      280 words
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      Page 18 Advertisements Column 2
      394 18 Smoking hot curry claypots spice up the poolside menu Treasured recipes from our Singapore chefs are used to highlight the poolside menu. Spicy and mouthwatering curries are offered daily by the poolside on the fifth floor of Regency Terrace from 11.00 am till 9.45 pm.' All claypots are served with
      394 words
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      Page 18 Advertisements Column 3
      309 18 Have Pioolside "BBQ Buffet" Under the Stars! 1 T Now, besides our weekend steamboat buffet is the "all-you-can-eat" Barbeque Buffet BBQ Buffet* Adult: $15++ Child: $9++ Steamboat Buffet V j Adult: $1250++ Child. $B++ \^S£x So head for Sky Garden 5 Poolside where you ?et more al than your fair
      309 words
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      Page 18 Advertisements Column 4
      366 18 rS Oui! The best of French cuisine in one sitting. Pates, terrines, escargots, canard a l'Orange, souffles and J over 60 dishes at a price that won't cost you tlfte earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm Adult:
      366 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      705 18 TELEVISION AND RADIO AUn,,rmrr ~T~ ...as m„„- 5 ,s 22? Tabk business™™*) Housing pro Diem 7M »»izjs:—* ssraMUr" mmmm HZaEX* M ,eS <SCC Oft' MSI!:,. SS 55"*!? J.2S*.: Finandal News ;€H■ LMLH*iB 8.00 Milter and Mueller. J 8.58 Prayer Call. RADIOS, 92.4 mHz in VHF Band II M 8.55 Musical
      705 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Overblown, overdone, over-rated
      1074 19  -  For those unfamiliar with the James Clavell tale of the Shogun, the musical's book is mostly incomprehensible, and the synopsis in the Playbill is itself in need of synopsis. Frank Rich gives his impressions of the musical Frank Rich NYT HAD the actor Philip CasnofT not been
      NYT  -  1,074 words
    • Article
      They came to honour Menuhin
      287 19 CHATTERBOX YEHUDI MENUHIN was on stage on Tuesday at the University of Toronto. Although he played not a note, the 800 people who filled Walter Hall seemed delighted nevertheless. The violinist sat and listened with cocked head as three Canadian violinists in their 20s, Martin
      287 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      215 19 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. J4 ANA HOTEL 16 NASSIM HILL. SINGAPORE 1025. TEL: 732 1222. SINGAPORE Ma-hor, Tako, Krathong Thong,, Pad Si Sa
      215 words
    • Advertisement
      Page 19 Advertisements Column 2
      237 19 Wi TRADITIONAL CANTONESE CUISINE BEST HONG KONG c DIAN XIN IN TOWN china China Restaurakt J Marina Bay Golf* Country Club L V J2 6 Marina Green Singapore 0101. for Reservations Please Call *****11. Tii/%||7 m Restaurant and 1 Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlikßeef Borshch Fish Papillote
      237 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market edges higher in narrow trading
      4410 20  -  By Diana Oon STOCK PRICES rose marginally in narrow trading yesterday, with the Straits Times Industrials Index of 30 Singapore blue-chips edging higher by 0.59 point to 1,127.57. The broader-based BT Composite Index showed a better gain of 4.37 points to end at 1,013.61.
      4,410 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4137 21 Main Board DBS Foreign 1040 F50 f5.l% Fuji Offset 20* 120 +30 F33.3% DBS 925 +15 +16% UOB Foreign 575 +15 +2.7% HOB 545 F15 +2 8% SPH Foreign 935 FIO +1.1% (XBC Foreign 765 +10 1.3% CX'BC 710 +10 +14% Spore Land 545 +10
    4,137 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      PROPOSED ISSUES
      466 22 Company Rights Issue One-tor two fa MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares ot MSO 10 each at Itfl pet share with 10m detachable TSfi Bofton One tor tour fa MS2 00 per share C*H«way kw Three tot tout fa SO 60 per share
      466 words
    • Article
      AUDITED RESULTS
      150 22 Company Date Year Croup Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) SBS Nov 21 lun 90 $2 928(53.307) 11.5(129) 7(9) faber Medio No* 13 Kin 90 M$15.981L($44,540U M Glass Nov 9 Jul 90 M$/.434($9.030) 29 9(36 3) 16TE(16TE) GK Gott Nov 5
      150 words
    • Article
      PRELIMINARY RESULTS
      127 22 Company Date Year Group pre-tax Met earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) SPH Nov 9 Aug 90 $194.085($135.420) 54 8(38.8) 35h(25) lingui Nov 8 Jun 90 M$3.586l(J15.809L) (MS Nov 6 Jul 90 $20.6091(16.236) —(93a) 3TE(23TEa) New World Oev Nov 6 Jun 90 HK$1.128dg($l,248dg)
      127 words
    • Article
      INTERIM RESULTS
      217 22 Company Date Half-year Group pre-tax Interim ann to profit/toss (L) dividend eooo) Kwta KHIas Nov 1/ Sep 90 M$7.085($383L) 7. tr GB Hldgs Nov 16 Sep 90 $4,541(17,876) 2 5Tt(25TEa) Rothmans Msia Nov 15 Sep 90 M$136,734($l18,201) 35(12.5) \MMB Nov 13 Sep 90 MJ56.049(533.9%) Summa Inv Nov 12
      217 words
    • Article
      CORPORATE DEVELOPMENTS
      450 22 tartfetfnis has teamed up with Science and Eng.neer.ng Investment to refcwg the former Rex Theatre site at 2. Mackenzie Road, into a commercial and residential (CityDev) and its Japanese partners have secured **6 30m credit Setoff**project. Equity Development previously 50% ownedby CityOev had on Nov 16 become the
      450 words
    • Article
      DIVIDENDS ANNOUNCED
      697 22 Current Ex Books Date Total for Utal ter payment date dou payable the W J** MS8 101(b) lan 4 lan 18 Jan 28 10% 121 Ami Sled 1261(b) Nov 29 Dec 13 lan 21 12.6% 126% Ant* 61(b) Nov 22 Dec 6 Dec 28 6% 6% Btrjaya Corpn
      697 words
    • Article
      RESULTS DUE
      629 22 Singapore Stocks Last Full Year Coiqwiy Period Date Year Net EPS Grots Net maKtd tndnf (canb) <fc profit tost ft* (TOO) Imm Mat Interim Mar 30 Dec 89 5351(h) Sport Land Fid Nov 3 Aug 90 6 4(a) 7.5(a) 15.842 Ml? Hdp Interim No* 8 Mar 91 2.6
      629 words
    • Article
      APPROVED ISSUES
      332 22 Company Rights Issue CAM Fiw-tor tow fe MJ4 00 per share Exxtate Nov 23 Books dose Dec 7 Acceptance 1 Payment NYA [mtei On* tor one ft MSI 00 per share Ex-date Nov 5 Books close Nov 19 Acceptance Payment NYA M B**»x One lor two fe MJ5
      332 words
    • Article
      BONDS, LOANS & WARRANTS
      693 22 BONDS, LOANS WARRANTS Company C—ptritd Cutrrioii t*n» fir wdteary »tar» CK Ml Before 26/4/93 1 warrant phis $309 cash CauMway Loan Causeway Nl 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant phis SI nonwal amount ot loan stock Chun fetes dwi H* Id March 87 to 31/12/91
      693 words
    • Article
      COMPANY MEETINGS
      272 22 G K Goh Hokfinfs Ltd; First AGM at the Renoir Suite of the Oriental Hotel. 5 Raffles Avenue, Marina Square, Singapore 0103 on Saturday. Nov 24, at 10am Kemayan 09 Pabn Bhd: 25th AGM and EGM at Angkasa Hall. Bth Floor, Merlin Inn, 10 Jalan MeWrum, ***** Johor
      272 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      69 22 CUP CRUNCH When it comes to the crunch, teams with big-match experience survive. Of the four Malaysian Cup semi-finalists Singapore, Perak, Kedah and Johor which two have the composure to reach the final? Jeffrey Low provides some answers today. PLUS S. Gulam reporting from Jalan Besar. PLUS Abdul Shukor reporting
      69 words
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      Page 22 Advertisements Column 2
      7 22 Advertising and Marketing in BT every Thursday
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Investors stay away as caution reigns
      3867 23 Bernama MALAYSIAN stocks closed barely steady yesterday after drifting downwards in afternoon trading on lack of support. In listless trading, the KLSE Composite Index closed 0.55 of a point up at 476.26 while the Industrial Index added 5.38 points to 958.46. Gainers narrowly led
      Bernama  -  3,867 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      477 23 Who Leads Singapore? Ruled by a tightly knit group of politicians and bu- .»v- v reaucrats led by Prime Minister Lee Kuan Yew, the Republic's power elite has broadened in recent years to include business executives and a few women. Twenty- I jF five years ago, only a handful of
      477 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close at their highs in thin trading
      2216 24 Reuter TOKYO stocks closed up and at their highs in thin trading, mainly on sporadic index-related buying. There was little incentive to trade ahead of a three-day weekend here, especially with the uncertain situation in the Middle East, brokers said. Friday is
      Reuter  -  2,216 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Position-squaring trims gains in the morning
      2412 24 Reuter HONGKONG stocks closed firmer yesterday but slid from their earlier highs as investors squared positions ahead of market holidays in New York on Thursday and Tokyo on Friday, brokers said. Brokers said the upcoming holidays in major overseas markets had thinned trade and
      Reuter  -  2,412 words
  • Page 24 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks weaken on lack of buying
      • Article
        AUSTRALIA
        847 25 AUSTRALIAN stocks closed weaker yesterday after a lack of follow-through buying from investors following this week's bull run pushed shares down. Brokers said that despite firmer offshore markets, local investors were taking a break ahead of holidays in the US yesterday and in Japan today. "Trade was pretty featureless
        847 words
      • Article
        BANGKOK
        661 25 BANGKOK Stocks declined sharply in early trade but ended mixed yesterday as bargain hunters reacted to assurances by Cabinet members that Prime Minister Chatichai Choonhavan was not resigning, brokers said. The SET Index fell 1.38 points to close at 642.48 in thin trade after the indicator lost 11 points
        661 words
      • Article
        JAKARTA
        589 25 JAKARTA stock trading was fairly active yesterday and prices ended mixed, with the Composite Index easing 1.89 points to 390.04. Turnover fell to 1.53 million shares from 2.33 million on Wednesday. Brokers traded Semen Cibinong and Inco on the big board, in which Cibinong closed 450 rupiah higher at
        589 words
      • Article
        NEW ZEALAND
        117 25 LEADING New Zealand share prices yesterday closed lower in extremely quiet trade lacking fresh influences, ending a run of three consecutive daily improvements. "I think everyone has pulled back and there was generally a lack of orders in the market," said Charles Batchelor of CS First Boston. The
        117 words
      • Article
        SEOUL
        993 25 SEOUL stocks rose mainly on a technical rebound yesterday after seven successive days of falls which had led the index to shed more than 30 points. The Composite Index closed at 679.83, up 8.13 points from the close on Wednesday. Turnover was a moderate 217.2 billion won against 125.9
        993 words
      • Article
        TAIPEI
        343 25 TAIWAN stocks finished higher across the board yesterday, with financial issues leading the surge, on active trading during the whole session, dealers said. The Weighted Index gained 264.38 points, or 6.1 per cent, to closc at 4,614.07 compared with Wednesday's 4,349.69 finish. Financial issues ended 6.7 per cent higher.
        343 words
      • Article
        BOMBAY
        43 25 BOMBAY share prices fell broadly on Wednesday after new Indian Prime Minister Chandra Shekhar formed his Cabinet. The Bombay Stock Exchange Index fell 55.55 points, or 4.21 per cent, to 1,265.19. The National Index dropped 26.70, or 4.07 per cent, to 628.97.
        43 words
      • Article
        MANILA
        523 25 PROFIT-TAKING and disappointing preliminary results from an offshore oil drilling projcct in the central Philippines sent Manila prices falling for the second day in a row yesterday, dealers said. The Manila Stock Exchange Composite Index eased 10.14 points to closc at 653.75. The combined volume at the two bourses
        523 words
      • Article
        Untitled
        412 25 Clave Previous No» 22 SYDNEY All Ordinaries Index 1.368.5 1.374.1 -5.6 All Industrials Index 2.068.2 2.074.7 -6.5 All Resources Index 827.4 832.0 -4.6 Turnover (million) 76.20 99.03 -22.83 BANGKOK SET Index 642.48 643.86 -I 38 Turnover (million) 23.34 30.66 -7.32 JAKARTA Composite Index 390 04 391.93 -1.89 Turnover (nearest '000)
        412 words
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  • Dow gains ground ahead of holiday
    • Article, Illustration
      NEW YORK
      1060 26 SHARE PRICES edged up on the New York Stock Exchange on Wednesday in slack trading as many investors left early for Thursday's thanksgiving Day holiday. The Dow Jones average of 30 leading industrials edged up 9.16 points, or 0.36 per cent, to close at 2,539.36 points. With just
      1,060 words
    • Article, Illustration
      LONDON
      732 26 SHARES consolidated morning gains on the London stock exchange on Wednesday. Sentiment was positive in anticipation of the traditional cnd-of-year rally and lower interest rates. Stable sterling helped the movement and the Footsie 100 share index finished up 11.1 points on the day at 2126.3. The FT-30 index was
      732 words
    • Article
      FRANKFURT
      374 26 GERMAN shares opened firmer in relatively active trading yesterday, with most dealers confident that the uptrend seen in recent days would continue until the weekend. News British Prime Minister Margaret Thatcher was resigning after 11 years in office was seen as slightly positive for the German market. Operators hoped
      374 words
    • Article
      AMSTERDAM
      354 26 DUTCH shares edged higher in early trade yesterday with dealers noting moderate activity and attention focused on a handful of stocks. The CBS general tendency index had moved up 0.4 points to 98.0 at 1000 GMT, having earlier risen as high as 98.2. Insurer Nationale-Nederlandcn put on 0.80 guilders
      354 words
    • Article
      JOHANNESBURG
      367 26 JOHANNESBURG share prices resumed Wednesday's easier trend in slow trading yesterday morning under renewed pressure from a strong financial rand, dealers said. However, losses were generally light amid some modest support at the lows, they said. At 10.30 am the JSE all-gold index had slipped further to 1235 from
      367 words
    • Article
      ZURICH
      269 26 SWISS shares opened slightly easier in thin volume yesterday, ignoring overnight gains in New York and Tokyo and firmer pre-bourse trade in Frankfurt. Dealers said Swiss interest rates weighed on the market after several banks increased the rates they pay on cash bonds. The SMI index of leading shares
      269 words
    • Article
      PARIS
      149 26 FRENCH share prices were comfortably higher at midsession yesterday, underpinned by buying at the end of the monthly account and by a positive reaction to the resignation of British Prime Minister Margaret Thatcher, dealers said. "This can only be perceived as a good thing for Europe," one Paris broker
      149 words
    • Article
      BRUSSELS
      192 26 BELGIAN shares opened higher yesterday led by blue chips in moderately active trading buoyed by hopes for a small cut in US interest rates, brokers said. "The market is in a buying rather than selling mood," said one trader. Trading totalled 202 million francs in the first half hour
      192 words
    • Article
      TORONTO
      312 26 TORONTO stocks rebounded from an early drop and closed Wednesday with slight losses in trendless trade, dealers said. "Until the Iraq thing gets straightened away (the market) is just going to flop back and forth," said Bruce Hartman, a director at Midland Walwyn Capital Inc. The composite index lost
      312 words
    • Article
      Untitled
      132 26 Nov 21 Close Prrtmis NEW YORK l>ow Jones 2.539 36 2.530 20 f9.l6 NYSE Financial ***** 114 93 -091 SAP 500 316.03 315.31 +0.73 Turnover (million) 141 161 -20 LONDON Financial Times 30 1676 0 1.667.1 f 8.9 FTSE 100 2126.3 2.115.2 +11.1 Turnover (million) 439.1 511.7 -72.6 AMSTERDAM CBS
      132 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling soars on news of Thatcher's resignation
      1230 27 FOREX MARKET REPORTS STERLING markets surged on news that Margaret Thatcher is stepping down as leader of the ruling Conservative Party and Prime Minister, on expectations that the party stands a better chance of being re-elected without her. "The markets sec Thatcher as
      1,230 words
    • Article
      INTERBANK FOREX RATES
      400 27 Cross rates Nov 22 USS SS MS Dm Yen SFr AS NZS IISS ***** 2.6775 1 4750 127.05 0.5072 1.2460 1.3063 1.6313 S$ 0 5845 1.5649 0.8621 0.7425 0.2965 0.7282 0.7635 0.9534 MS 0 3735 63.90 0.5509 0.4745 0.1894 0.4654 0.4879 0 6093 Dm 0.6780 I 1600
      400 words
    • Article
      MONEY MARKET
      566 27 Interbank rates S$ Bid Offer Overnight 4 3/4 4 7/8 1-month 6 6 1/8 2-month 6 1/8 6 1/4 3-month 6 1/4 6 3/8 Overnight mode: 4 USS Bid Offer 7 days 7 13/16 7 15/16 1 month 7 13/16 7 15/16 2 months 8 1/8 8 1/4
      566 words
    • Article
      Lock icon Japanese, US banks sell US$ to buy ringgit
      626 27 Bernama SEVERAL Japanese trust banks and American commercial banks have been selling US dollars in Tokyo and New York respectively to buy the ringgit and are said to have moved at least US$lOO million into Malaysia over the past week, dealers in
      Bernama  -  626 words
    • Article
      FINANCIAL FUTURES
      1225 27 SIMEX EUROOOILAR Open High Low Sett Est Vol Op/lnt Vol Dcc 90 92.02 92.02 91.98 92.00 2134 ***** 4016 Mar 91 92.47 92.48 92.46 92.46 6290 ***** ***** Jun 91 92.56 92.57 92.55 92.56 2600 6804 I960 Sep 91 92.53 92.53 92.52 92.53 500 2779 1272 Dcc 91
      1,225 words
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  • COMMODITIES
    • Article
      Lock icon Short-term cocoa prices to remain at current levels
      455 28 Reuter COCOA prices will stay at their current low levels in the short term as neither production or stocks show signs of falling, traders and analysts said. "Prices aren't going to skyrocket from here. Stocks will come onto the market if the
      Reuter  -  455 words
    • Article
      Lock icon Aluminium firms taking on non-carbonated can market
      233 28 NYT THE aluminium can has almost replaced the steel can for carbonated beverages. Now aluminium companies, helped by innovations just coming into wide use, are taking on the market for cans containing non-carbonated beverages and foods. Aluminium accounts for nearly 97 per cent
      NYT  -  233 words
    • Article
      Short-covering in HK boosts gold prices
      833 28 REPORTS HONGKONG: Gold ended on the day's high on shortcovering ahead of the US Thanksgiving Holiday but dealers said trade was quiet on an absence of fresh incentives. Bullion ended at US$3BO.BO/U*****.30 an ounce against New York's U*****.00/50 close on Wednesday. "We saw a
      833 words
  • Article
    PRICES
    1387 28 Rubber Nov 22 IBdiHaWiil Scents/kg Noon Close Int I RSS Prompt 155.50/156. SON I55.7VI56.75N Inl I KSS Dcc 90 155 50/156.50 I55.7VI56.75N Inl I RSS Jan 91 156.00/156.50 156.25/156.75N Inl 2 KSS OP 149 50/151 50N I49.50/I5I.50N Inl J RSS OP 144 50/146 50N 144 50/I46.50N Inl 4 RSS
    1,387 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      573 28 NOTICES BANK^BNI BANK NEGARA INDONESIA 1946 U5550,000.00 Floating Rate Notes due 1994 issued through its Caymen Islands Branch In accordance with the provision of the Notes, notice is hereby given that for the interest period from 23 November 1990 to 22 May 1991 the note will carry an interest Rate
      573 words
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      Page 28 Advertisements Column 2
      593 28 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CHAMEBEL SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50. that a Final Meeting of the Members of the abovenamed
      593 words
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      Page 28 Advertisements Column 3
      7 28 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1058 29 City Flight ETA Flight ETD Abu Dhabi GA894 0010 SR187 0135 GA890 2225 GA970 2335 Adelaide SQ227 2130 Amman RJ182 1445 Amsterdam KL835 1505 KL836 0650 SQ24 2215 GA890 2225 Athens SQ45 0805 SQ24 2215 Auckland NZ35 1530 BA11 1255 SQ338 2030 SQ325 2115 BA12 2150
      1,058 words
    • Article, Illustration
      Taking a chance on Macao
      637 29  -  LETTER FROM MACAO W|W .y/.V •3AAV &0W j&Svy jffffir x By Nicholas Woodsworth The fortunes of Macao as a trading ecntrc may have dwindled as those of Hong Kong rose, but over 100 years ago this tiny Portuguese territory tumbled to a far easier way
      637 words
    • Article
      MONEY CHANGER RATES
      153 29 As at 3pm yesterday: Ix>cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3070 1.3270 Canadian dollar I 4610 I 4810 NZ dollar 1.0370 1.0670 Sterling pound 3.3500 3.3700 US dollar 1.7060 1.7160 l/ical dollars to 100 units of foreign currency Austrian schilling
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      83 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Nov 16-23 Official Spain ITEMA ********** Nov 20-24 International IXnmark Bella Centre 31/*****1 International Subcontractors A/S Specialised antl Components Show lor Business a,r Equipment IXita IXv 4-7 ontmlcl Asia *90 Hongkong Business *****00 I'rocevsing Convention Industrial Trade
      83 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      863 29 /gK BANQUE WORMS I Heed Off tea 1 Place des Degres Cede» 56 ***** Paris-La D#ense M lei (331) 49 07 50 50 Fax (331) 49 07 59 11 teex BWOR X 616 023 F Singapore Branch 78 Shenton Way *23 02/03, Sngapore 0207 let *****33 Fa* (065) 22*5636 Tele*
      863 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      276 29 Making use of time 10 A point appropriate for the mm hJ Lh MB 11 People asking questions of pitmen following cut-back 12 The instructor's sister dealt with in writing (8) 15 P®| I 18 13 Stop hundreds with some 15 About to strike, a worker is 19— 17 Area
      276 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      215 29 Singapore (hillook: Showers over several areas in the late morning and afternoon. Forecast: Maximum temperature 31.7* C Assoe humidity 66% Minimum temperature 24.8 V Assoc humidity 96% Hours of sunshine 6.15 Rainfall in mm Nil Rainfall this month 116.4 Rainy days this month 13 World forecast Asia-Pacific Hi/I,o* Cond. Auckland
      215 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      31 29 i GC_T TO UJORK SOFVONG( jones i DON ,-r nCpSSiNG> GOU>N £>Pi£\Ni hJJD ©LASTTWfVr DRY CLOTh|S \ANjf GOOD? \j cpyN> &orrqlq ?y O EVENING STANOARO CO LTD I*2 1990 ,-p.p 83Q|
      31 words
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  • Article
    New rubber futures exchange soon
    360 30  -  An independent body, supervised by MTI or TDB By Shoeb Kagda A NEW Rubber Futures Exchange, which will take over the trading activities of the Rubber Association of Singapore, is expected to be set up soon. The new exchange will be an independent body but
    360 words
  • Article
    Lock icon Chatichai resists pressure from military
    237 30 AFP THAI Prime Minister Chatichai Choonhavan yesterday refused to bow to pressure from top military leaders to oust a controversial minister and instead announced a minor government reshuffle. But in an attempt at a compromise with the powerful militai7 establishment, the premier demoted the minister,
    AFP  -  237 words
  • Article
    Lock icon Hanoi aid premature: Kan Seng
    179 30 AFP SINGAPORE Foreign Minister Wong Kan Seng told Japan on Wednesday that it would be premature to resume economic assistance to Vietnam as political reform has not kept pace with economic reform there. Mr Wong made the statement during talks with his Japanese counterpart, Taro
    AFP  -  179 words
  • Article
    Lock icon A real sense of urgency: Bush
    182 30 The Gulf Crisis AP US President George Bush celebrated Thanksgiving with his troops on the desert on Wednesday and for the first time cited Iraq's nuclear programme as a reason for the Gulf showdown. Mr Bush told troops that Iraqi leader Saddam Hussein's efforts
    AP  -  182 words
  • Article
    Her battles are not over
    785 30  -  The Bottom Line By Neville Stack, Neville Stack, a political commentator in England AN ERA in world politics ended yesterday, not with a bang but a resignation. Margaret Thatcher, the dumpy little woman who transformed the concept of politics not only in Britain but throughout
    785 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      69 30 Jli. Baume Mercier GENEVE 1830 r -~j •I y 4»' The executive in search of excellence ii> 1 1 rphe stylish CN. X the award winning aerodynamic body, the fuel-injected 122bhp powerplant, the plush at,,. comfortable ■h^, the OMEGA can only mean the search is over! (W<tf Of^*"**' 7 OPEL
      69 words
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      Page 30 Advertisements Column 2
      5 30 JSI. Baume Mercier GENEVE 1830
      5 words
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  • Shipping Times
    • Article, Illustration
      Mac-Nels expands in the region
      462 31  -  New offices to be set up in Indochina, Sri Lanka By Rahita Elias LEADING Singapore logistics group Mac-Nels has a busy year ahead. Its regional operations will be expanded, with new offices in Indochina and Sri Lanka. A sccond-hand vessel will be purchased and a
      462 words
    • Article
      Lock icon Ipoh terminal to go private next year
      274 31 Bernama THE Ipoh Cargo Terminal, the first inland port in the country and the region, will be privatised on Jan 1 next year, the chairman of the ICT management committee, Mr Abdul Rahim Osman, said. For this purpose, a company called Ipoh Cargo
      Bernama  -  274 words
    • Article
      Lock icon When fish out of water means lower costs in the air
      373 31 Asahi JAPAN Air Lines Co (JAL) has developed a way to transport living fish without water by putting them in a state of hibernation. "The method will dramatically reduce transport costs and. moreover, eliminate the danger of spilt salt
      Asahi  -  373 words
    • Article
      Thai line to buy its first ship within three years
      384 31 THAI Maritime Navigation Co Ltd (TMN), the nationalflag carrier which does not own any sea-going vessel, will have its first ship within three years. A company source told The Nation that it plans initially to buy four to six vessels
      384 words
    • Article
      Lock icon Spain's Amper holds talks on stake sale
      276 31 Reuter SPANISH telecommunications supply company Amper SA is talking to a number of international groups but no decisions have been taken on any possible stake sale, industry officials said. Telefonica de Espana SA, with an 8.1 per cent stake, was Amper's main customer
      Reuter  -  276 words
    • Article
      TNT Skypak enters Vietnam tie-up
      323 31  -  By Malini Tambyah TNT SKYPAK has launched a new service to Vietnam, with an eye on the fast-grow-ing Indochinese air express market. Its alliance with Vietrans, the largest transport organisation in Vietnam, began operations in October this year. The joint venture, TNT Vietrans. has its
      323 words
    • Article
      Private operator proposes bulk terminal project in Manila
      399 31  -  From Al O Labita in MANILA A WORLD BANK-backed private port operator wants to build and operate a US$lOO million bulk terminal project in Manila to rival its transshipment competitors in Hongkong, Singapore and Taiwan. In a proposal submitted to President Corazon
      399 words
    • NEWS SUMMARY
      • Article
        Direct Australia-Vietnam flights to start
        104 31 Direct AustraliaVietnam flights to start DIRECT charter flights between Australia and Vietnam will begin next month, an Australian businessman and former director of South Vietnam's national airline. Air Vietnam, said yesterday. In a joint statement with Qantas, Nguyen Anh Tuan said he had chartered four Boeing 767s from Australia's international
        104 words
      • Article
        US assembles armada of ships for Gulf
        63 31 THE US has begun assembling a small armada of ships to reinforce its military units facing Iraqi troops in occupied Kuwait. The US Military Sealift Command has already arranged the charter of 24 ships bound for the Mid-East Gulf and the total is
        63 words
      • Article
        World fleet up 13m gross tons
        59 31 THE world merchant fleet increased in 1989/90 while demolitions fell to the lowest level or more than 25 years, a survey by Lloyd's Register of Shipping shows. The world fleet stood at 423.6 million gross tons on June 30, up 13.1 million gross tons
        59 words
    • Article
      THE SHIPPING GUIDE
      12476 40 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 for a maximum
      12,476 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        665 47 Vessel Vo» No Berth Arrival Depxtire Vessel Voy No Berth Arrival Ocparhre Keppel Wharves Quynhon 8/90 P1B 23 11/0700 24 11/0600 Cora Pcess 024 (P) K29 alongside 2211/1445 Sat F Haider 75N P4A 2311/1500 2611/2300 Oa|WKhujn 61 K33 alongside 24 11/1500 Selene 3 P3E 23.11/0800 25 11/0600
        665 words
      • Article
        CONTAINER SCHEDULE
        1272 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookhj/Balance Rstts Sty Voy No Etb/Btr Period From To From ACX lily 4A 24/0300 1 22/1500 22/1659 22/1900 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 Akd Bhum 68S 24/2359 1 22/1500 22/1659 22/1900 3 23/0700 23/1159 23/1400 4
        1,272 words
      • Article
        IN MALAYSIAN PORTS
        349 47 Penang Port Berth on Nov 23: 1 Xin Nmg; 2 Sue/; 3 Barge Giant Satu, Malaysian Princess. 4 Aulia Seraya. Million III; 5 Eagle Breeze; 6 ml BCT: Bl Maritime Victory; 81l Cerusa; l/B Valleta I. Penang Wharf NB Matsuei Mam Nn BCW Cipta Raya. SB Bintang
        349 words
    • Article
      DAILY FREIGHTS
      1014 47 CHARTERING on the freight market on Wednesday again featured the US Military Scalift Command taking a further 12 ships to reinforce troops in the Middle East. This brings the total so far this week to 24 against some expectations of around 30. brokers said. Most of today's bookings
      1,014 words
    • LOG BOOK
      • Article
        Large Japan-Soviet port project unveiled
        129 48 THE Japan-Soviet Trade Association unveiled on Wednesday a plan to cooperate in a large-scale project to modernise the Soviet port of Vanino on the Sea of Japan, in order to promote Soviet exports to Japan. Officials said the association, comprising more than 80 small and
        129 words
      • Article
        Canada to raise charges on airlines
        93 48 CANADA'S Transport Minister Doug Lewis said airlines must pav higher fees to help reduce the federal government's budget deficit. "At a time of financial constraints, governments must attribute certain costs to those who use our facilities and services," Mr Lewis told an industry association
        93 words
      • Article
        Lebanese capture cargo ship
        84 48 LEBANESE authorities captured a cargo ship diverted by international pirates to Lebanon, the head of the International Maritime Bureau said. Eric Ellen told reporters at Beirut's chamber of commerce that the vessel, named Chariot One and carrying 4.000 tonnes of aluminium, was bound for Trieste, Italy.
        84 words
      • Article
        Tanker chartering up in October
        75 48 WORLDWIDE tanker chartering in October for spot crude oil rose to 60.87 million long tons at an average Worldscale rate of 94.72 (567 fixtures), from 52.29 million tons at 91.72 (465) in September. This compares with 63.76 million tons at 90.82 (540) in October 1989,
        75 words
    • Article
      Lock icon US assembles armada of ships for Gulf troops
      404 48 Reuter THE US has begun assembling a small armada of ships to reinforce its military units facing Iraqi troops in occupied Kuwait, UK shipbrokcrs say. The US Military Scalift Command has already arranged the charter of 24 ships bound for the Mid-East
      Reuter  -  404 words
    • Article
      Lock icon World merchant fleet up 13m gross tons
      197 48 Reuter THE world merchant fleet increased in 1989/90 while demolitions fell to the lowest level or more than 25 years, a survey by Lloyd's Register of Shipping shows. The world fleet stood at 423.6 million gross tons on June 30, up 13.1 million
      Reuter  -  197 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      571 48 Carbon Carbon Nov 18 DcnsityWater Residue Art Mumwan Sedmewt DensityWator Residue Ash Mumnum Sediment M/M M M Euon Exxon KG/M'3% V/V X M/M M/M PPM method KG/M»3* V/V M/M M/M PPM method ISO Canac fcrwti Spec £25 ***** 15 0 0 10 30* 0 10* Soec
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      264 31 SSWEE HEN 6 METAL CO PTE LTD U TUA3AVE 14. SINGAPORE 22*1 TELEX R9 *»7» SMMCPL TEL: 861 5855(S»n*«| TCteFAI: Ml »4» M Wian|«o) VJAItCDrtH* T, jEhAfA I lljfVv WJIH Dam I IJMJJ 111 llllfl wnt-SOlonMi uUjEI /filiil I nilillm -EMcnctartJn mm 'ittrfLmHULU 'Omiin piHii T<*4M SKCIfOM. MALA»UX Conv«lo» lIIAILAMO,
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      Page 31 Advertisements Column 2
      27 31 Container Schedule 17 Daly 17 Index to Advertisers 3 Shipping Guide 10.11 Shps in Port 17 Singapore Tides 17 Veritas Report 18 Weather and Sea Conditions 17
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      525 32 C TO MAC-NELS AGENCIES PTE LTD ON THEIR 15TH ANNIVERSARY MAC-NELS WAREHOUSING PTE LTD ON THEIR OFFICIAL OPENING Block 1, Pasir Panjang Road, #01-01 Pasir Panjang Districenter, Singapore 0511 M On 15th November 1975, MAC-NELS started business in a small rented office in bustling -y e- 1 Chinatown.... The synergistic
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      Page 33 Advertisements Column 1
      1685 33 ,a»d it AGENCIES 200 Cantonment Road #12-05 Southpotnt, Singapore 0208 All If/ lei *****11 TELEX NO RS ***** tamiw terminal/cfs th *****11 220 rfmaln BOOKINGS Tel *****34 235 A. VCCQf J >ESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT HELANG TEL *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA*****
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      Page 33 Advertisements Column 2
      1180 33 MDEXI TMDVERTISERS Page Col P*«* Col A 1 I M -1 ABC Containcfiinc 13 5 Mac-Ncls Agcncics 14 1/2 Accord Group 8 1-3 Macolinc 18 2/3 AFS 15 I Madju Sdn Bhtl 16 1/2 oAhrcnkicl Liner 16 3 MacrskLinc 3 4/5 Albatras Sea-Air 14 4 Mainfrcight 15 4 Alfred C
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      Page 33 Advertisements Column 3
      2206 33 Vessel Voy ETA 1 ETD "Port "Penang DESTINATIONS Singapore Keiang This week McK»rvn«y M 9102 r«e<j«r by CY 2t/11 ?35® MRS fmrco A IHH H HH CFS 27/11 0600 MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MCKINNEY M 9102 27/tl 28/11 Sid
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      Page 34 Advertisements Column 1
      1169 34 "I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BREMENEXPHESS 99'5« »'<> 20/12 17/12 23/'2 EES SS ss I |j> 22 lS!i 27/2 W 3V12 KURAMA Oft/553 16/12 2/1 4/1 KOWLOON BAY 98/552 20/12 14/1 8/1 10" TBN 01/556 23/12 9/1 11/1 OSAKA BAY 97/555
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      Page 34 Advertisements Column 2
      603 34 I DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I FLORKANA 21-28/11 10/12 12/12 17/12 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I FLORKANA 21-28/11 30/12 31/12 4/1 Also accepting Cargo to CalUo (Ptfu) via ValfM Agents:£? SINGAPORE:
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      Page 34 Advertisements Column 3
      1512 34 I &MMB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9038 3 25/11 17/12 19/12 22/12 23/12 24/12 25/12 26/12 25/12 NORASIA PRINCESS 9039 3 03/12 24/12 26/12 29/12 30/12 31/12 01/01
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      Page 35 Advertisements Column 1
      1833 35 ®jgSteamers Maritime Holdings Ltd P&O fll K STRAITS SHIPPING ■ML CZ IZ3 SiHXwn to BrwMi, East Malaysia, Containers Mil r vv ___iv_____— T _j. UiAUU3a!KiI]aUISiI«UUIUKinMUM3I ACCEPTS DUE SAILS (toy No PHlang Spore S lon H'burg Shaven frdam leh rARCn BENAVON 97/543 BAR »ll 25/U 12(12 14/12 16/12 BREMEN EXPRESS 99
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      Page 35 Advertisements Column 2
      1549 35 TO: EUROPE TO: FAR EAST SPOKE MK MO KOB BU SP IN ROM HAM B HVN BRE FIX CMOYANC GIORY CBIE 20/11 7»/U »ll 3/12 4/12 HANJIN FELIXSTOM ODbN 20,11 13/12 14/12 IS 12 17(12 12/12 11/12 CMOYANC SUCCESS 01 IE 3/L2 6.12 7/12 10/12 13/U CMOYANC PARK 011W 112
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      Page 35 Advertisements Column 3
      54 35 SERUM SNIPPING PTE. LTD. I 20-09. Tong Eng tldg. 101 C•<* S». Spor. oto6. T* *****12, *****13, *****36. mHMMM T*4«.: IS ***** Fo» *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M SIA HAMIDAH In Pt/24 NOV SIBU. KUCHING SUTRA 24/25 NOV P. KELANG SENG HING 27/28 NOV PENANG SRI ARIKA 27/28 NOV
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      Page 35 Advertisements Column 4
      411 35 STRAITS/ JAPAN/ STRAITS SERVICE j SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC COSMIC ASIAN TRADER CHALLENGER STAR VOY NO 13 3 U( S pore IN PT 9/12 13/12 P Kelang 24/11 11 /12 11/12 Hongkong Calcutta Yokohama 27/12 25/12 Nagoya 15/12 25/12 23/12 Osaka Senboku 11/12 23/12 21/12 Tokyo Hochiminh
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      Page 36 Advertisements Column 1
      591 36 —o~ PHI CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VS4JVOY I S PORE R DAM ADAM H BURG BREMEN ANTWERP SRMIJAYA/30WB 26-29/11 2/1 8/1 12/1 M/l HUTAI 21WB 122 28/12 24/1 30/1 4/2 W FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfacl to Ntducam«nl. Also acc.ptlng cargo to Casablanca.
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      Page 36 Advertisements Column 2
      853 36 SHIPPING yy FULL CONTAINER SERVICE HANJIN FELIXSTOWE MM fWI %B& SS R WAm «E [s~| jjju g CHOYANC PARK 011W 1/12 19/12 20/12 21/12 21/ 2 W CHOYANC SUCCESS OUE J/11 H BUVANHtt 2*12 36/12 CHOYANC CHANCE OSOW 4/12 21/12 22/12 24/12 24/12 Wl2 27 12 MANJIN HAMBURC 003E 10/12
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      Page 36 Advertisements Column 3
      1298 36 1 J -J T IPKL SCP MKC KSC KLC PUS HKT OSK SM2 TYO LAX CHS BAt NYC LKV ANW ROM THP HOC SCf I ICI ANT RE 041 N/11 30/11 4/12 4/12 7/12 10/12 12/12 W/12 14/12 17/12 21/12 *1 11/1 12/1 22/1 23/1 24/1 25,1 27/1 21/2 E
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      Page 37 Advertisements Column 1
      1842 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) >. BOOKINGS: .UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SON BHO MALAYSIA K.t-(03) *****33, P.Kelang.(o3) *****87, Penang-(04) *****0,
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      Page 37 Advertisements Column 2
      1184 37 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 VTWH VOYAGE [SPORt [MANILA HUONG VOYAGt SPORt PKLANG HBURG B'HAVEN TILRURY ROTT ANTWERP
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      Page 38 Advertisements Column 1
      1581 38 B K line K WVASAKI RISEN KAISHA. LTD. J EXPORT N. AMERICA PACIFIC SOUTH-WEST J IMPORT N. AMERICA PACIFIC SOUTH-WEST 7 111 MOTHER VtSStL VOT HOUS LB OA* TKT FEEDER VESSEL VOT TKT ("SCP") FEEDER VESSEL VOT 'INDO "PK/PWC SCP MOTHER VESSEL VOT L 8 OAK CHI NTC 111 MACKINAC
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      Page 38 Advertisements Column 2
      754 38 Xjm PHILI-Oni€NT UN€S PT€ LTD V 106 ROBINSON ROAO #0/00 GMG BUILDING SINGAPORE 0106 X 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 F REIGHT FORWARDERS ASSOCIATION 24 NOV MONTREAL, OTTAWA, VANCOUVER, S'WESTERN ONTARIO. 26
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      Page 38 Advertisements Column 3
      389 38 rk golden LINE >v GUAN °UAN SHIPPING (PTE) LTD 1| 23, Telok Aver Street SINGAPORE 01M TEL 5343 M (10 LINES) Fai: SM3SO4 (CR No lOUSSSOOOOW) tmm/miiAw cwi «v»CK S'port P Ketone Pemng GOLDEN WONDER Colombo/K*adti/Dube< In Pert GOLDEN BEAR Cotomto/KiradM/Duba t'W Ok chpia «nviac DAI YUN SHAN Hujngpu Fwto*
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1612 39 SSSSSSS JEMfI PACIFIC INTERNATIONAL LINES (PTE) LTD J Hn PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EOEN *039 ***** 25/11 30/11 PEGASUS PROGRESS S44N 24/11 27/11 1/12 MAJAPAHIT 6558 25/11 2S/11 HAI YING
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      Page 39 Advertisements Column 2
      933 39 r BEN LINE CONTAINERS LTD| 200 Cantonment Road Tel: *****22 #13-05 Southpoint IjoA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT. |VOY SPORE PKLANG SHAMPTONI HAMBURG BHAVEN ROAM LHAVRE o-naunn i. 97/543 25/11 Via Bar 12/12 15/12 17/12 Bran6n Expfess' 99/M2 29/11 23/12 WM S£ SB
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      Page 39 Advertisements Column 3
      318 39 MYANMA W FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdg SITTWE V47W 25/27 Nov (LOADING FOR RDAM/HM6C/ANTWP) PAGAN VI64W 29/1 Doc IPA AN Vls7* 1/11 Dk •ATHEIN VIOM 12/14 Dee «fl2 0« THE BANK LINE (A service oI Andrew Weir Snipping) \r SEMI-CONTAINER SERVICE
      318 words
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      Page 42 Advertisements Column 1
      816 42 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBG MECKLENBURG WMOO2 2&U 23/12 22/12 24/12 21/12 ASIAN SEN WFOS2 fl/11 22/12 21/12 20/12 23/12 25/12 BRANDENBURG MMIOI 1/12 5/1 4/1 6/1 2(1 JAPAN SEN WFIOI 11/12 3/1 4/1 6/1 7/1 VI AMERICAN SEN
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      Page 42 Advertisements Column 2
      1127 42 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: 1 EUROPE 1 DEC ft 8 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLANO DESTMATIONS FAR EAST PORT KELANG 30/11 4 7/12 MANILA 1/12 8/12 PENANG 30/11 7/12 BUSAN 25/11 2/12 BANGKOK 27/11 30/11 TOKYO 29/11 6/12 HONGKONG
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      Page 42 Advertisements Column 3
      293 42 LOADING FOR tPOAI IcBO DSN BAIRES IWIOCO RIO STS VIT PAGUA wsm I EN« mi Viu «i wW opt V MB ALSO LOADING FOR BUENOS AIRES Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Ports. Sport P MUnf Pwunf tar CtNCLIKVIfIO JO NOV IMC OPT DtRINCt,ISTANBUI IZMIR.
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      Page 42 Advertisements Column 4
      1156 42 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE "JiSln" IP 2. MISTRI ROAD, HMC BUILDING fa* #15-00, SINGAPORE 0207 rARIF- COSTARLINE CR NO: **********0 M CABLE COSTARLINt General Agents: OOSTAR SHOPPING PIC LTD VESSEL VP Y SCP FIX ROT HAM ANT DKK VESSEL/VOY FLX ROT HAM ANT W> SCP
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      Page 43 Advertisements Column 1
      834 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 1/12, 8/12 I EUROPE all Ports 30/11, 8/12 BANGKOK 26/11, 29/12 HONGKONG/CHINA 24/11, 26/11 SYD, MEL, ADEL, BRIS 28/11, 2/12 FREMANTLE 27/11, 2/12 MANILA 29/11, 7/12 PKLG/PENANG 1/12, 5/12 Port Kclang Branch Tol: *****21/2/3 Fax:
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      Page 43 Advertisements Column 2
      237 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Unas) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Linaa) PSF\ ETHIOPIAN SNIPPING UNES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FOfl SPOWE ABYOT 2WW» tw OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WOH2 27W8 OAHESSALAAM MOMBASA DJIBOUTI
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      Page 43 Advertisements Column 3
      788 43 maskapai pelayaran PapULAU LAUT PULLV CMTAMEftittb RE6i6nAl KtDtt stftviCE' TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, ALSO ACCEPTING'LCL CARGO TO ALL DESTINATIONS t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BMQAPOM MOOHtSIA WBVWe VSL VOY SIN JKT PAJ SIN OKUNOZE 04S 26/11 2S/11
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      Page 43 Advertisements Column 4
      1194 43 BANGKOK CEBU/MANILA 'VESSEL [VOY SINGAPORE BANGKOK 1 (VESSEL VOY S'PORE CESU MAMU MAHA BHUM# 35N Sat 24/11 Tut 27/11 SO ORIENT 47R In Pt 20/11 30/11 I SIRI BHUM#' 471N Moo 20/11 Fri 30/11 THAN* BHUM 40S 30Q1 OQ2 OQ2 JENLINK 33N Wtd 20/11 Sit IQ2 KITI BHUM 49R 7/U
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      Page 44 Advertisements Column 1
      1081 44 A m MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPOBT TEI; *****0? PENANG TEL: (04) *****6 KK TEL. (088) *****0 TAWAU TEL: (089) 7/8679 II ~/x I p KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 ll~lvv\~ J J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN
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      Page 44 Advertisements Column 2
      382 44 BLUE STAR LINE 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, CHRLSTCHURCH, DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK LYT PREMIER 09$ 27 Nov U Dec Via NPI 13 Dec
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      Page 44 Advertisements Column 3
      1417 44 I /3£l THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm vot In* [kit mm I w In* in KIM SOON LI 46/90E 28 NOV
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      Page 45 Advertisements Column 1
      727 45 COMPANIA PERUANA \6£A. DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P K«Ung Singapore ROSEEVERETT In Pt/23 No* 24/25 No* SHAPLAEVERETT 09/11 Dee 12/14 Dec KAMALEVERETT 25/31 Dec 1/3 Jin We\ "EVERETT
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      Page 45 Advertisements Column 2
      597 45 VSL [VOY }S PORE hIAINLINER |LA> EST |SAV [NTC [WfX A. VESSEL B/U CALIFORNIA I*l7 WU ttfU W W A VESSEL 2*ll JIM SAVANNAH 76/12 4/1 7/1 *1 11/1 ZIM KAOMSIUNC USE J/12 ZIM CANADA 11/17 W UJJ }</} W A VESSEL VU 7W CANAOA 1/1 I*l U/l '5/' W
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      Page 45 Advertisements Column 3
      617 45 WSING KWANG HANG IIWPWa 4 TRANSPOMTATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAY/TH AKABHUMV6BS 24/11 27/11 I JENwiL VIB4N 2S/11 I 28/11 VESSEL S PORE BANGKOITI A VESSEL 24/11 28/11 A VESSEL I 28/11 01/12 1 DESTINATIONS ETA SINGAPORE PORT KELANG 25 NOV MANILA 24 NOV HONG KONG.
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      Page 45 Advertisements Column 4
      500 45 r» PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 963 24/11 27/11 PRASETIA 123 A 28/11 01/12 PELOPOR 964 01/12 04/12 PRASETIA 12SA 05/12 00/12 TANTO UTAMA 123 26/11 29/11 TANTO UTAMA 125 03/12 06/12 TANTO UTAMA 127 10/12 13/12
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      Page 45 Advertisements Column 5
      332 45 SIN FAN EAST 25/11 KEELUNG/KAOHSIUNG 24/11 BANGKOK .23/11 MANILA/CEBU 24/11 JAKARTA/BELAWAN/SURABAYA 24/11 PORT KELANG/PENANG/E. Malaysia 24/11 BUSAN 25/11 TOKYO/YOKO/KOBE/NGO/OSA 27/11 MONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang, Shanghai S|N EUROPE/UK 24/11 LDN/FLX/LVP/SOU 24/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANAPA 25/11 LOS ANGELES/NEW YORK all ipi
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      Page 46 Advertisements Column 1
      559 46 iO\ CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBUIK SERVICE "ANKE" SERVICE SPt LAE MISIMA W* TVIIIE VISSB 2/»ll M 2 10(12 M* Jg} 2 V2OSB »30/12 10/1 12/1 W W BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53.50 B/BULK USD 5.00 LCL USD 350 SUBJECT REVIEW BOOKINGS ACCEPTED
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      Page 46 Advertisements Column 2
      1003 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BMT V23CW9O 3/12/90 23/12/90 25/12/90 29/12/90 K.S. V-21-90W 9/12/90 5/1/91 25/12/90 30/12/90 M B V 24-CW9O 16/12/90 6/1/91 7/1/91 12/1/91 Y M V 22-90W 20/12/90 4/1/91 4/1/90 9/1/91 KVU V2SCW9O 23/12/90 14/1/91 16/1/91 21/1/91 ALSO ACCEPTING CARGO
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      Page 46 Advertisements Column 3
      509 46 SERVICE X 77^AiS~L/A//C— rt/J PENANG KL: allieo-LINK SINGAPORE: /7T^\ Sagr 04-*****2 03-*****55 778 5522(22 linesi Marina Ong Susan NgJChrlstlna Chlew tfana Cheng/E«ther Yap Y\T]\llnll EO SHIFPtNG agencies pte ltd VjATJII W Tlx: RS ***** NEOSHIP Fa* *****59 Te« *****29 (6 Lmet) A VSL 20 NOV CHITTAGONG/CALCUTTA A. VSL 15 NOV
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      Page 46 Advertisements Column 4
      307 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 23H8 3/12 VIGOUR PACIFIC 24N8 13/12 BANGKOK 28/11 1/12 BUSAM 26/11 28/11 HONGKON6 26/11 2/12 DURBAN 29/11 13/12 KEELUNG 2/12 9/12 PT. LOUIS 29/11 13/12 PT. KELANG 30/11 7/12 KOBE 26/11 3/12 PIRAEUS 26/11 10/12 OSAKA 27/11 4/12 JAKARTA 27/11 2/12 SURABAYA 30/11 24/11
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      594 47 TIDES AND WEATHER TODAY'S TIDES (hcfrt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 15 19 22 23 22 19 16 14 13 13 16 2.0 25 29 30 29 26
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      Page 48 Advertisements Column 1
      297 48 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 U§\ HIAP HOE SHPPING ENTERPRISE 'IM I TCI' *****66 FAX: *****10 \Jlll y TLX RS ***** HHSHPG PT. PELAYARAN. SAMUPRA AGUWG GLORY
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      Page 48 Advertisements Column 2
      713 48 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY I SIN I HKC LBH OAK SEA ChT FROM PSW VOY LBH OAK SEA HK6 SIN HYUNDAI CHALLENGER 38E MoT 29/11 17/12 19/12 21/12 20/12 HYUNOAIPIONEER 35W 23/10 26/10 29/10 IS/U 2VU HYUNDAI INNOVATOR 37E 1/12
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      Page 48 Advertisements Column 3
      540 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Hamtairg to Copenhagen Aartius Gothenburg. Malmo SPORE S TON HBURC S HAVEN R DAM L£N Htunti. Stockholm BENAVON §7 543 25.11 12/12 IVI2 17/12 Rotterdam to Antwerp Amsterdam 0»io. Helsinki Sremn expSTss »sc mi niu ilu mu viu *u L BENALDER 2/12
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