The Business Times, 30 November 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Friday November 30 1990 75*
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  • NEWS SUMMARY
    • 67 1 JAPAN'S industrial output and shipments rose last month from a year earlier to continue an uptrend. The Japanese Ministry of International Trade and Industry said the index of mining and manufacturing rose 7.6 per cent from a year earlier to 131.9 against the
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    • 33 1 THE Sentosa Development Corporation launches today its fifth sale of sites, which is expected to rake in $200 million and boost private sector investment to about $600 million. Page 2
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    • 29 1 THE FIRST phase of Cycle Carriage's Hillview Villas residential project has achieved what is believed to be the fastest take-up rate since the Gulf crisis Page 2
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    • 36 1 HONGKONG governor Sir David Wilson is concerned by Japan's growing trade surplus with the British colony and has called for further efforts to open the Japanese market to Hongkong goods Page 7
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    • 31 1 CHANCELLOR Helmut Kohl's campaign pledge not to raise taxes to finance German unity looks like a promise that was made to be broken, economists say Page 9
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    • 43 1 JAPAN is moving to adopt a tax aimed at curbing a skyward trend in land priccs, but market analysts say that only moderate falls in property values over the next few years could be expected to result. Page 9
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    • 27 1 THE SOCIAL challenge of integrating the eastern Germans into a re-unified Germany may well prove more daunting than the highly-publicised economic cost Page 11
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    • 21 1 LOCAL AUDIENCES were treated last weekend to a varied and virtuoso performance by Vietnam-born Dang Thai Son Page 19
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    • 32 1 MIDDLE EASTERN airline Gulf Air is confident that its new service between Bahrain and Sydney will take off, in spite of the Gulf crisis. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 31 1 SHARE PRICES opened lower in New York yesterday, with the Dow Jones index of leading industrial shares down 6.69 points to 2,528.46 in the first five minutes of trading.
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    • 37 1 LONDON share prices were slightly higher at midday yesterday, after recovering from early lows at the opening of trading. At about 1215 GMT, the Financial Times-Stock Exchange 100-Sharc Index was up 0.8 points at 2,145.1.
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    • 35 1 SINGLAND's interest cost for its proposed $202-million acquisition in Marina Square will probably exceed the extra profits brought in during the short term, if bank loans are used, says UIC Page 3
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    • 28 1 KIM ENG Holdings, the parent of broking firm Kim Eng Securities, has received inprinciple approval to be a clearing member of Simcx Page 3
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    • 35 1 MANAGEMENT shareholders of CS First Boston Inc are being asked to agree to pay back a portion of their 1990 bonuses if they leave the firm before 1992, say sources Page 6
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    • Article, Illustration
      29 1 Thursday Change BT-MCiA 549.33 -4.80 Kuala Lumpur ....465.62 -1.17 Hongkong 2,978.35 -8.04 Tokyo 22,712.60 -341.28 Sydney 1,338.5 +12.6 Wednesday Change New York 2,535.15 -8.66 London 2,144.3 -15.2
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    • 18 1 Exchange rates IJSS SSl.7090 Yen SSI.3111 M$ SS0.6347 Money market rates Overnight 4-3/4 unch 3-month 5-5/8 -1/8
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    • 34 1 London Gold AM fix US$385.25 US$0.50 Rubber S'porc IXx'... 155.50Vkg -0.25 M'sia Dcc 242.50*/kg unch KLTin Turnover 14 tonnes -63 Spot M$l5.55/kg fO.IO Crude palm oil Turnover 2.471 lots +92 Dcc M$833/tonnc -19
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  • 451 1  -  Traders expect surge to continue b» Shoeb Kagda CRUDE palm oil (CPO) priccs, bolstered by lower production levels in Malaysia and greater demand pressures, have reached a twoyear high and traders arc expecting priccs to climb even higher. On the Kuala Lumpur Commodity
    Source:  -  451 words
  • 364 1 AP NEW BRITISH Prime Minister John Major has reorganised the Cabinet he inherited from Margaret Thatcher, a move seen as demonstrating his intent not to be a Thatcher clone. Mr Major became Prime Minister on Wednesday, a day after Conservative deputies
    AP  -  364 words
  • 191 1 AFP DIRECT investment abroad by Japanese companies fell by 10 per cent to U5527.7 billion in the first six months of the fiscal year starting April compared with the same period last year, Japan's Finance Ministry announced in Tokyo yesterday. The drop
    AFP  -  191 words
  • 367 1  -  By William Chia WITH ANXIOUS bankers hovering over problemridden Electro Magnetic (S) Ltd, the talk is that the equity of the company will have to be restructured in a debt-to-cquity conversion exercise. Sources said this was the gist of a restructuring
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  • 319 1 Reuter MALAYSIA will increase pressure on foreign insurance firms to give bumiputras a stake in their operations, central bank governor Jaafar Hussein said yesterday. "They will have to comply with the (New Economic Policy) and we have told them they
    Reuter  -  319 words
  • 182 1 Reuter GROWING concern over the health of Japan's property market coupled with steady commercial demand for US dollars yesterday depressed the value of both Japanese currency and shares. The key 225-share Nikkei Index fell another 341.28 points or 1.48 per cent to 22,712.60 yesterday after shedding
    Reuter  -  182 words
  • Page 1 Advertisements
    • 312 1 tailors Aircraft Schedule 25 Money Market 23 World Stock Markets 22 Commodities 24 Regional News 7 Cryptic Crossword 25 Regional Stock Markets 21 Editorial 10 SES 16, 18 For market indices, editorial. Financial News 6 Share Information 14 advertising and circulation ex Futures Options 23 Simex 23 tensions, call Business
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    • 168 1 BOE unlikely to win independence, Pg 6 New UK Chancellor known for toughness, Pg 9 Why East may be best after all, Pg 10 P SIXTY-FIVE YEARS ago. Personal Finance an Italian boy named Pictro Investment C'ardin left for gay Parcc, The Major factor in little knowing that there was
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    • 71 1 I UPIfiMQ) o I Quadruple 2oom+Auto Two-Color. ii i Br* 49 i Give his spirits a lift the Christmas I M ETIENNE AIGNER SHOPS #01-03/04 Mfi Orchard Tafc *****00 *01 -02 °rT s Show Centre T«l: *****41 #01 -20 Scofts Shopping Contra Tol: *****42 E* *>1 -OS Palais RenoUsance Tol:
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    • 7 1 Shuwa rumours fuel property fears, Pg 4
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  • HOME NEWS
    • NEWS ROUNDUP
      • 89 2 THE Registry of Companies Business (RCB) will be located on the fifth floor of the International Plaza from Jan 2 next year. During the shirt to its new home, the Registry will be closed from Dec 24 to Dec 31. During this time, the
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      • 87 2 THE next monthly tender for vehicle entitlements under the vehicle quota system will open from 9.00 am on Dec 1, 1990, and close at 4.00pm on Dec 7, 1990. The Temporary Certificates of Entitlement (TCOEs) issued in this tender will be valid for three months from Jan
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      • 58 2 THE Consumers Association of Singapore, referring to the report that a can of mousse for styling hair had exploded on Monday, advised consumers to take extra care with sprays carrying the warning "flammable". According to certain standards, like the British standard, this means that over 45
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      • 51 2 THE Bth Asean Congress of Cardiology will be officially opened by President Wee Kim Wee on Dec 7, 1990. The Congress is expected to attract about 800 delegates and will include a prestigious line-up of speakers, including Dr Magdi Yacoub, one of the world's foremost heart and lung
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      • 71 2 METALASIA/AUTOMASIA 90, South-east Asia's largest mctalworking and industrial automation event, ended last week. The show attracted a total of 26,183 trade visitors and many lucrative sales contracts and enquiries for local and overseas exhibitors. Exhibitors, numbering some 1,160 companies, plus participants from various countries reported good
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      • 58 2 THE general manager of Jasons Supermarket, John Pinniet, will conduct a talk on "Wine Appreciation/Know Your Wines" on Dec 7 at the Joo Chiat Community Centre. The talk will help the uninitiated distinguish the reds from the whites, the champagne from the table wines, and how to appreciate
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    • 459 2  -  By Sangeeta Mulchand DESPITE signs of a weakening in the property market, Sentosa Development Corporation will launch its fifth sale of sites today. The sale is expected to rake in $200 million and bring private sector investment on the island to about
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    • 262 2  -  From Koichi Ishiyama in TOKYO HITACHI Koki Co, one of Japan's leading makers of power tools and part of the Hitachi conglomerate, will move part of its production in Singapore to Malaysia because of rising wage costs and labour shortage problems in
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    • 304 2  -  By Lilian Ang NEARLY all the units under the first phase of Cycle Carriage's Hillview Villas residential project have been snapped up. In what is possibly the fastest take-up rate since the Gulf crisis started, 36 of the 43 terrace houses on offer have
      304 words
  • Page 2 Advertisements
    • 107 2 Managers must manage, BT every Monday HNow you CAN FLY NON-STOP TO SYDNEY GULF AIR STYLE. gilallCiljjb There's never been a more enjoyable way to fly to flights depart for Sydney, every Thursday and Saturday It's all we can now Hy vou to fortv destinations worldwide. So why Sydney. Because
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 447 3  -  By Elaine Koh SINGAPORE Land's interest cost for its proposed $202million acquisition in Marina Square is likely to exceed the extra profits brought in during the short-term, if bank loans are used. This was part of the lengthy reply that United Industrial Corporation and
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    • 216 3 Bernama BANK NEGARA will seek a waiver from the Panel on Takeovers and Mergers from making a mandatory general offer for the remaining Bank of Commerce Bhd ordinary shares it does not already own. The central bank, which will own a
      Bernama  -  216 words
    • 329 3 Bernama METROJAYA Bhd, which has announced an offer for sale of four million Msl shares and a public issue of three million Msl shares at M 51.90 each, has forecast a consolidated pre-tax profit of M 55.584 million for the year ending March
      Bernama  -  329 words
    • 177 3 SINGAPORE National Printers, which was upgraded to the mainboard from the secondary Sesdaq market early this month, yesterday announced the name of its new travel publication subsidiary. SNP Publishers Pte Ltd will have an authorised capital of $500,000 divided into 500,000 shares of
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    • 429 3  -  MARKET TALK By Dexter Lee MALAYSIAN Airline System is facing tough times, judging by the strong selling pressure its share price has come under since the release of its interim results on Monday. Despite reporting a 137 per cent jump in
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    • 372 3  -  By Amy Balan FOLLOWING its expansion into several overseas financial markets, Kim Eng Holdings (KEH) is now looking to widen the scope of its financial services with an entry into the highly volatile futures market. KEH, the parent of broking firm Kim
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    • COMPANY BRIEFS
      • 61 3 JURONG CEMENT yesterday reported an after-tax group profit of $1.84 million for the half-year to Sep 30, up 26.1 per cent over the same period last year. Turnover rose 5.5 per cent to $29.44 million. Earnings per share amounted to 5.22 cents, up from
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      • 50 3 COLD STORAGE Holdings announced yesterday that Michael Fam and Peter Yap Ee Kaw have resigned from its board with effect from Nov 28. In another development, Metalock (Singapore) said Lim Seong Chun will become a director of the company with effect from Dec 1.
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      • 66 3 MUN LOONG Bhd has reported a 56 per cent rise in group pre-tax profit to M 55.26 million for the half-year ended Sep 30, 1990, from M 53.37 million in the same period last year. The group's turnover jumped 195 per cent to M$ 106.69
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      • 87 3 IGB CORP Bhd yesterday confirmed it had entered into a joint venture to undertake a Ms3so million hotel-cum-ofllce project on a 1.6-ha site at the junction of Jalan Tuanku Abdul Rahman and Jalan Sultan Ismail in Kuala Lumpur. Replying to queries by the KLSE, it said
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      • 93 3 JUARA PERKASA Corp Bhd, which is proposing a major restructuring exercise, has forecast a profit of M 560.41 million for the year ending Dec 31, 1991, the bulk of it coming from its cigarette manufacturing operations. For the year ending Dec 31, 1990, it has forecast a
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    • 245 3 LISTED First Capital Corporation (FCC) will have access to some 22 Malaysian suppliers under the new distribution and trading agreements to be signed soon with the Hong Leong (M) Group. It recently incorporated seven companies under the Guoline group umbrella, its international arm
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  • Page 3 Advertisements

  • REGIONAL COMPANY NEWS
    • 725 4 Go-go days for developers are over. It's going to get worse before it gets better, says analyst Reuter RUMOURS that major Japanese property developer Shuwa Corp is in financial difficulty shook the Tokyo stock market, reinforcing fears that a spate of propertyrelated business failures is
      Reuter  -  725 words
    • 453 4 Reuter BREAKING a long silence, Australian national hero turned corporate outcast Alan Bond, who lost a Aslo billion corporate empire, has said he is going back into business. In an interview with the weekly magazine The Bulletin. the British-born former signwriter identified his company's
      Reuter  -  453 words
    • COMPANY BRIEFS
      • 93 4 A RECENT fire at Yukong Ltd, South Korea's largest oil refinery, damaged the crude tower of a new plant capable of processing 150,000 barrels per day and repairs could take up to two months, company officials said. Yukong planned to begin commercial operation of
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      • 101 4 SHELL oil and its joint venture partners should get a green light within the next month to build China's largest oil refinery, the official China Daily reported. Shell, which owns 50 per cent of the joint venture, is to link up with five Chinese oil
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      • 97 4 ISUZU Motors Ltd said yesterday it would start assembly production of commercial vehicles in Indonesia next month with components shipped from Japan. Isuzu officials said the Jakarta-based PT Gaya Motor is to manufacture three-quar-ter-tonne pickup trucks mounted with 2200 cc diesel engines at a yearly
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      • 80 4 EIE DEVELOPMENT (International) Ltd said ft has sold 25 floors in the east tower of Hongkong's Bond Centre office block to Japanese investors for HKSI.97 billion. EIE, a Hongkong-listed unit of privately-held EIE-Internationa I Corp of Japan said in a statement it would use about
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  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 324 5 AFP INDIA'S new government has decided to wind up a sev-cn-month-old public sector holding company conceived as a Japanese-style trading conglomerate to storm world markets. Bharat Business International Ltd, a holding company for four major government-owned trading houses, would be shut down
      AFP  -  324 words
    • COMPANY BRIEFS
      • 80 5 DUTCH electronics giant Philips has borrowed US$2 billion from an international banking syndicate led by American bank Credit Suisse First Boston Ltd, the group announced in Eindhoven on Wednesday. Group spokesman Ben Geerts said the funds would be used to pay down part of
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      • 103 5 UNION CARBIDE would have no right to reclaim a US$47O million settlement on the fatal Bhopal gas leak it India s Supreme Court sets aside the decision, the court heard on Wednesday. Attorney-General Soli Sorabjee, representing the Indian government, said the amount the US multinational
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      • 108 5 WITH nearly 200,000 square feet of its retail space in New York City either vacant or with leases expiring, the Trump Organization has named Edward S Gordon Co as the exclusive leasing agent for those properties. The space is in properties built and managed by the
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      • 55 5 A HAWAIIAN investment group said it was considering the purchase of Ameron Inc, a Monterey Park, California construction products manufacturer. In a filing with the Securities and Exchange Commission, the investment group said that it had talked with third parties about financing an acquisition but that
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      • 41 5 AMERICAN EXPRESS on Wednesday opened its first travel and financial services centre in east Germany, ADN news agency reported. The ofhcc, in the south-eastern city of Dresden, will be followed by others in Leipzig and East Berlin.
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    • 302 5 NYT WARREN E Buflfett, one of the most acclaimed investors in the US, announced on Wednesday that his investment holding company, Berkshire Hathaway Inc. was adding low-income housing to a portfolio that includes large holdings in Capital Cities/ABC, Washington Post Co, Coca-Cola and Wells Fargo Co. Berkshire
      NYT  -  302 words
    • 251 5 AFP SIEMENS AG, Germany's biggest electrical and computer firm, announced on Wednesday it would spend at least one billion marks in 23 projects in the former territory of East Germany. The plan, one of the biggest expansion schemes in the east unveiled
      AFP  -  251 words
  • Page 5 Advertisements
    • 85 5 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 doorstep. A choice location near exciting Orchard Road and the central business district. And most of all. that warm family atmosphere
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    • 6 5 V v> f p t jjj^^
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 88 6 AUSTRALIAN Treasurer Paul Keating said a further fall in official Australian interest rates was possible before the end of 1990. Asked at a news conference to comment on recent official "talk" that there could be another fall in rates before the end of 1990, Mr
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      • 85 6 FINANCING firm Orix Corp and Seoul-based Korean French Banking Corp, a 50 per cent owned unit of Societe Generate of France, have launched a leasing/financing j°'nt venture in Hongkong. Korea Orix Lease and Finance Ltd, capitalised at HK$5 million, will be owned 65 per cent
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      • 133 6 ALI Rusheid Al-Badr, chairman of Bank of Kuwait and the Middle East KSC, a commercial bank, said he hoped his bank would return to the international markets in early January. "It is expected that by early January we will be able run at least our
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    • 727 6 Bank may gain more influence over policy with new British PM Reuter BRITAIN'S new Prime Minister, John Major, is unlikely to grant the Bank of England the independence it badly wants, but he will probably give it much more credence than it had in the
      Reuter  -  727 words
    • 484 6 Reuter MANAGEMENT shareholders of CS First Boston Inc are being asked to agree to pay back a portion of their 1990 bonuses if they leave the firm before 1992, sources familiar with the situation said. The sources said the shareholders' support may
      Reuter  -  484 words
    • 291 6 Reuter THE Bush administration is considering a plan to strengthen the US bank deposit insurance fund by asking banks to buy stock from the Federal Deposit Insurance Corp (FDIC), federal regulators said. Proceeds from sale of the stock would go into the
      Reuter  -  291 words
  • Page 6 Advertisements
    • 383 6 /gv ratWr® (J ANNIVERSARY Kgfig/ W*m Na 9th Shop *+Orchard XiwUnn Supermarket** To celebrate the opening of our 9th Branch f Uv ia|TV at Orchard Yaohan Supermarket, a free mini M 1 Huo Tuo Guing Herbal Jely will be given to Guiling Herbal Jelly every customer. Hurry, WHILE STOCK LASTS!
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    • 717 6 AA KOREA'S LEADING BANK KORER 3? EXCHRNEE BRNK (INCORPORATED IN THE REPUBLIC OF KOREA) 31 st December 1989 Statements of Condition Statements of Earnings Won (millions) ,ggg 1989 1988 1989 1988 "■a.—...-. ""S-si 2.T06.489 J.MS7I2 Customers liabilities on guarantees To tal Interest incom# 1,163,720 *****9 and acceptances 3.125.954 3.492.603 79
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  • Page 6 Miscellaneous

  • THE REGION
    • 444 7 Weaker yen has hurt exports to Japan, says HK governor AFP HONGKONG Governor Sir David Wilson is concerned over Japan's growing trade surplus with the British colony and called for further efforts to open the Japanese market to Hongkong goods. "One concern we
      AFP  -  444 words
    • NOTE BOOK
      • 104 7 AUSTRALIAN Reserve Bank governor Bemie Fraser said Australia could soon join the ranks of low-inflation countries but said interest rates could not be cut too quickly or by too much. "There is now the very real prospect of Australia joining the ranks of the low-inflation countries,"
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      • 83 7 THE Philippines' power supply shortfall in the first nine months of the year shot up by 253 per cent over the last comparable period and contributed to thge economic decline, according to an industry report published yesterday. State-run National Power Corp figures show that the unfulfilled
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      • 95 7 MALAYSIA'S foreign earnings from oil are likely to grow 30 per cent next year as prices and exports rise as a result of the Gulf crisis, a securities company predicts. The higher earnings assume oil prices settling at US$3O a barrel in 1991 and
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      • 67 7 THE population of the Asia-Pacific region is growing by some 53 million annually and US$6 billion a year will be needed to stop the increase, says a UN report released on Wednesday. Although fertility levels are falling, the rate of that fall has slowed in the past
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      • 80 7 THE Philippine government's budget deficit more than tripled as of October, the Treasury Bureau said on Wednesday. The country suffered a budget deficit of 29.86 billion pesos from the start of this year to Oct 22, 1990, an increase over the 7.2 billion pesos posted in
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    • 203 7 AFP THE Australian economy shrank 1.6 per cent in the September quarter, its second consecutive quarter of negative growth a so-called technical recession, the Bureau of Statistics said yesterday. The decline is more than the most pessimistic markets expectations of about 1 per cent.
      AFP  -  203 words
  • Page 7 Advertisements
    • 32 7 No. 9 Draycott Drive Singapore Lot 211 and 212 of Town Subdivision 25 Fee Simple Tender Closing Date: Tender Forms available at Solicitors for Vendors in the sale. Khattar Wong A Partners
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  • THE WORLD 1
    • 333 8 Reuter US FEDERAL RESERVE chairman Alan Greenspan has said that the American economy has slumped into a "meaningful downturn". Testifying before Congress on Wednesday shortly after revised third-quarter data showed only modest growth of 1.7 per cent, he said economic output weakened significantly through
      Reuter  -  333 words
    • 424 8 Reuter BRITAIN'S new Chancellor of the Exchequer, Norman Lamont, has a reputation for tough decisions. Political sources said Mr Lamont, 48, was likely to persist with the hardline antiinflation policies Prime Minister John Major pursued as Margaret Thatcher's Chancellor. As Chief Secretary to the
      Reuter  -  424 words
    • 451 9 Kohl unlikely to keep campaign pledge: analysts Reuter CHANCELLOR Helmut Kohl's campaign pledge not to raise taxes to finance German unity looks like a promise that was made to be broken, economists say. The unification of Germany is the most costly undertaking in Germany's
      Reuter  -  451 words
    • 268 9 Reuter THE EUROPEAN Commission has unveiled a taxreform package to improve the lot of companies whose cross-border business forces them to pay tax in more than one of the EC's 12 member countries. "We must absolutely avoid penalising companies for tax
      Reuter  -  268 words
    • 523 9 Competition giving the Japanese a run for their money Reuter "SIT ON a mountain and watch two tigers fight," says a Chinese proverb on how to win the spoils of victory without lifting a finger. So, officials shepherding foreign investment into China's northern port city
      Reuter  -  523 words
    • 332 9 Reuter JAPAN is moving to adopt a tax aimed at curbing a skyward trend in land prices, but analysts say that only moderate falls in property values over the next few years could be cxpectcd to result. Prime Minister Toshiki Kaifu
      Reuter  -  332 words
    • WORLD WATCH
      • 90 9 US SECRETARY of State James Baker and Soviet Foreign Minister Eduard Shevardnadze are to hold talks in Houston on Dec 10 and 11 to prepare for a US-Soviet summit, expected to take place in January. While the Houston meeting is expected to focus on
        90 words
      • 58 9 PARIS may be more beautiful but, when it comes to business, US and European managers prefer to do the deal in London, according to a report issued on Wednesday. London was voted the top European business city and the most likely financial centre for Europe in
        58 words
      • 84 9 SOLIDARITY MPs have given their backing to Lech Walesa overwhelmingly to be Poland's next president but the union leader has admitted he is unsure how to fight the challenge of dark horse Stanislaw Tyminski. "This man is an amateur. He fell out of a bamboo tree,"
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      • 65 9 THE ASIAN DEVELOPMENT BANK (ADB) yesterday approved a US$5O million loan to China, its first since it suspended lending after Beijing's crackdown on prodemocracy protests in June last year. The loan for the Agricultural Bank of China would help the government modernise, expand and set
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      • 85 9 MEXICAN PRESIDENT Carlos Salinas de Gortari has moved to limit political fallout over a possible US role in the Mexican oil industry, saying the state would not give up control over its oil reserves. His statements on Wednesday came a day after a summit with
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  • Page 8 Advertisements
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    • 630 8 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER M AND IN THE MATTER OF BESCON-MORIMURA CONSULTANTS PTE LTD (In Member*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that punuant to Section 308 of The Companies Act, Chapter 50, that the Final Meeting of the member* of the abowenamed company will
      630 words
    • 575 8 IN TOE MATTES OP TOE COMPANIEB ACT. CAP. AND IN TOE MATTES OP HUMUS PTE. Lm (IN MEMBESS* VOUJNTABT WINDING-UP) At an Extraordinary General Meeting of the Members of abovenamed Company duly convened and held at No MS Mountbatten Road, »06-26/2T Katong Shopping Centre, Singapore 1543 on Tuesday, 27 November
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  • Page 9 Advertisements
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  • 459 10 EDITORIAL THE RECENT Construction Industry Development Board (CIDB) report which showed that the starting pay of graduates entering the industry has risen must have raised some eyebrows. Hefty as the increases may seem, higher wages are necessary if the industry is to attract better calibre and
    459 words
  • WHAT THE OTHERS SAY
    • 249 10 TALENT today is international, and countries have to cast their nets internationally to attract people who make a difference. Brigadier-General (Res) George Yeo, now Acting Minister for Information and the Arts, thus made a valuable point last Sunday when he suggested that Harvard University's ability to attract
      249 words
    • 113 10 SINGAPOREANS looked to the future with opti- mism as Mr Goh Chok Tong took over as Prime Minister in a historic ceremony at the City Hall last night. Some dark clouds aside. Singaporeans are confident that under Mr Goh's leadership Singapore will be able to continue its success.
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    • 110 10 MR GOH Chok Tong's taking over as prime minister marks the beginning of a new era, with room for continuity, development and innovation. And it s gratifying to note that in his inaugural address the new prime minister has not forgotten to stress policies on culture
      110 words
  • REGIONAL VIEWPOINTS
    • 162 10 THE wide attention focused on the first orderly transfer of leadership since Singapore became an independent republic in 1965, which involves Lee Kuan Yew's resignation after 31 years as prime minister, warrants an explanation. Orderly transfer of leadership in non-Western developing countries which in many cases have
      162 words
    • 122 10 IN RECENT history perhaps the most profound change to occur in Australian society without doubt the seminal influence on the Australian economy C an be explained by financial market liberalisation. Deregulation of the financial system has wrought tremendous structural change. The spillover effects have touched every Australian
      122 words
    • 198 10 AS 1990 draws to a close, the contrast between international sentiment now and that of early 1990 is striking. The year opened with a an exceptionally euphoric mood following the fall of the Berlin Wall, and the burial of the Cold War after the US-Soviet summit in
      198 words
  • 1050 10  -  British entrepreneurs are increasingly eschewing Europe and the US for the Far East, says Neville Stack Neville Stack IT is all too easy for the 1 more hysterical media and opposition politicians to make flip judgements and declare that if Mrs Margaret Thatcher
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  • Page 10 Advertisements
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  • Page 10 Miscellaneous
    • 46 10 DOONESBURY by garrv trudeau r'U TELL YOU ANOTHER HAS ANYONE GIVEN AW THOUGHT CA MR IN THE WD EA&T BUMMED THE CRISIS /A/7C A SHOOT/NOUJAR MEAN, QFUFE ASWEKNOWH A pf/mj. IN THE GUIS' m YOU CAN SAY GOOP&/& TO YOUR WAR MEANS WE'LL All BE r\
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  • ANALYSIS
    • 885 11  -  Kenneth James reports on the rewards and hazards in store for the serious investor Kenneth James FOR aspiring investors, the former East Germany could well be a gold mine provided they steer clear of the land mines. Serious potential investors arc virtually assured of
      885 words
    • 1039 11  -  The general election on Sunday, the first encompassing all of newly-united Germany, marks another important phase in the country's history. The emphasis has been on the economic cost of unification. But the real challenge will be a social one, says BT's Economics Correspondent Kenneth James, whose
      1,039 words
  • Page 11 Advertisements
    • 9 11 Managers must manage BT shows you how every Monday
      9 words
    • 42 11 g\\Y\yVnrLWPPfl|^QH|M^^W SHOES FASHION ACCESSORIES BALLY BOUTIQUE in SINGAPORE *01 018 Shaw Centre/Raffles City/Royal Holiday Inn Crowne Plaza Authorised dealers DFS T anglm Road Claymore Point Mendien Hotel Isetan, Havelock Road/Parkway Parade/Wisma Atria Doimaru, Liang Court Scotts Wertrtauer, Changi Terminal 2 Studio Accessories,
      42 words

  • FOCUS
    • 425 12 World trade talks AP Atop official or the European Community said on Wednesday that other nations must adopt a "realistic attitude" to end a dispute over farm subsidies jeopardising next week's world trade talks. "The whole world is asking the European
      AP  -  425 words
    • 347 12 Reuter WESTERN food aid for the Soviet Union would be disastrous for New Zealand's farm exports, New Zealand Trade Minister Philip Burdon said on Wednesday. "The prospect of food aid for the Soviet Union has frightening implications for New Zealand dairy and wool exports
      Reuter  -  347 words
    • 347 12 The Gulf Crisis Reuter THE UNITED Nations Security Council was set to approve a resolution yesterday authorising the US-lcd alliance against Iraq to go to war to reclaim Kuwait. Saudi Foreign Minister I'rinee Saud al-Faisal said he hoped it would send
      Reuter  -  347 words
    • 406 12 AP WITH international approval for military force against Iraq increasingly possible, Middle East analysts are focusing on a key question: Could Saddam Hussein stay in power if he loses Kuwait? Publicly, at least, Saddam has insisted that he would tight to the finish
      AP  -  406 words
  • Page 12 Advertisements
    • 40 12 t? nart— v *i/ teiSfi &s'>*%(■ < ag&Srafefc: Sm. r: J J Jh m *§Ifw n^ m "XrU fw «1 v MNI copolo hotel CALL 474 7141. EXT. 193 0/ 198 5 *s I© OMNI HOTELS ASIA- PACIFIC Ljj^ W 9
      40 words
    • 58 12 I® INSTITUTE OF CERTIFIED PUBLIC I ACCOUNTANTS OF SINGAPORE I FINANCIAL LITERACY FOR NON-ACCOUNTANTS! FINANCIAL ACCOUNTING MANAGEMENT ACCOUNTING FINANCIAL MANAGEMENT PRINCIPLES OF MANAGEMENT The next evening course will commence in January 1991. For information on enrolment please contact:The Institute of Certified Public Accountants of Singapore Lee Kai House 114 Middle
      58 words

  • SPORTS 2
    • 483 13 Davis Cup AP UNITED STATES captain Tom Gorman is all too familiar with the Davis Cup finals, so he is not taking anything for granted against Australia. The US team of Andre Agassi, Michael Chang, Rick Leach and Jim Pugh is an overwhelming favourite
      AP  -  483 words
    • 405 13 AP SOME world class runners, such as 1990 New York City marathon winner Douglas Wakiihuri of Kenya, grow up running. But only recently have American doctors acccpted what kids have shown for years: that running long distances is safe for children. Youngsters can improve their
      AP  -  405 words
    • 264 13 AFP C ARLOS SAINZ of Spain crowncd his magnificent world championship year by clinching victory in Britain's RAC Rally in Harrogate on Wednesday the first nonScandinavian driver to win the event for 14 years. Sainz, in a Toyota, finished Imin 42sec clear of Sweden's Kenneth Eriksson,
      AFP  -  264 words
    • 304 13 Reuter FIFA gave a vote of confidence to the US Soccer Federation on Wednesday as host of the next World Cup, as the two sides signed a marketing agreement that formally began preparations for the 1994 tournament. Fifa president Joao Havelangc said in New
      Reuter  -  304 words
    • SIDE LINES
      • 103 13 THE road back to the top for Mike Tyson has been much longer and harder than he anticipated after losing his heavyweight championship. Nearly 10 months have gone by since Buster Douglas's stunning knockout of Tyson last Feb 11 in Tokyo and Tyson is still waiting for
        103 words
      • 60 13 THREE skippers share the lead with five wins out of six races on the second day of yachting's Mazda World Championship of Match Racing in Auckland on Thursday. The drama of the sixth race of the series came when New Zealand's Russell Coutts was found at
        60 words
      • 75 13 NATALIA KRESTIANINOVA and Alexei Torchinski of the Soviet Union defended their title in the pairs event on Wednesday at the World Junior Figure Skating World Championships in Budapest. The list of medallists was a carbon copy of last year's. The Soviet pair of Svetlana Pristav and
        75 words
  • Page 13 Advertisements
    • 73 13 We wish to effect from Ist December 1990, our registered office and all subsidiaries at 7500 A Beach Road ('I g^H #04-301, The Plaza, Singapore I I Wmm 0719 will be re-located at: I I p 101 Thomson Road #33-00 United Square I II Singapore 1130 I I I Our
      73 words
    • 972 13 Amtek Engineering Ltd (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of AMTEK ENGINEERING LTD will be held at the Meridian Room, Hotel Equatorial Re Ltd, 429 Bukit Timah Road, Singapore 1025 on Friday, 21st December 1990 at 2.30 p.m.
      972 words

  • BT SHARE INFORMATION SERVICE
    • 169 14 Company Date Year Group Net Met earning* Gross ann to profit/loss (L) per share dividend C000) (cents) Metal Ctamers Nov 27 Jun 90 $8.8461 ($40) -(2 5) 1(5) Peotei Nov 26 Jun 90 $3,306($1.26Ie) 76(68) 12TE(—) S8S Nov 21 Jun 90 $2,928(53.30/) 11.5(12.9) 7(9) Faber Merlin Nov 13
      169 words
    • 144 14 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss <L) per share dividend ('000) (coats) Times Pub Nov 23 Aug 90 $45,408(537.328) 230(193) 10(99) Msian Oxygen Nov 21 Sep 90 »«$38.140(S31.062) 31 6(27 5) 463|(18) SPH Nov 9 Aug 90 $194.085<J135.420 54 8(38.8 35h(25) Lingut Nov
      144 words
    • 264 14 Company Date MaH-yoar Group pre-tax Interim am to profit/loss (L) dividend (•000) Malayawata Nov 26 Sep 90 M$25.388($16.179) 2 5TE(—) HTP HMgs Nov 26 Sep 90 $980($619) 1C MPH Nov 26 Sep 90 $3.007($11,607) 3(2) MAS Nov 26 Sep 90 M$197,812($86,205) B Sembawang Nov 22 Sep 90 $724(511.767)
      264 words
    • 709 14 Nov 28 Robinson Co has accepted the takeover offer made by Food Investments Pte Ltd for its entire shareholding in Centrepoint Pte Ltd. Singapore Airfnes, Delta Air Lines of America and Swissair have formed an alliance on November 27 that promises long term benefits to passengers. Nov 27
      709 words
    • 731 14 Current Ex Books Date Total for Total for payment date dose payable the year last year MSB 101(b) Jan 4 tan 18 Ian 28 101. 12% Ami Sted 12 61(b) Nov 29 Dec 13 lan 21 12.6% 8%TE Antah 61(b) Nov 22 Dec 6 Dec 28 6% 6%
      731 words
    • 565 14 Singapore Stocks Last Full Year Caipjny Penod Date Tea IW EPS Gran Net noiKid mtaf (coots) <fv profit list fta (fOOO) Leone Hut Interim Mar 30 Dec 89 5351(h) Spirt Lad Fn* Nov 3 Aug 90 6.4(a) 7.5(a) 15,842 CM P adapt Me™" No* 13 Dec 90 29
      565 words
    • 278 14 Company Rights Issue CMA five tor four fe MM 00 per share Ex-date: Nov 23 Books dose: Dec 7 Acceptance Payment NYA Einta One-tor-one MSI 00 per share Ex-date Nov 5 Books close: Nov 19 Acceptance I Payment Dec 31 M Barti* Onetortwo fe MSS 00 per share
      278 words
    • 460 14 Company Rights lssu« Mean One tor two M$1 00 pet share Issue ol 40m Cumulative Redeemable Preference Shares ol MJO 10 each at MJ1 per share with 10m detachable TS8 Barton One tor tour fa, MJ2 00 per share Causeway tav Three-tor-tour fa JO 60 per share FAC8
      460 words
    • 686 14 BONDS, LOANS WARRANTS Company Cnwrstow nrt«d C—Urm far —a wdtoaor than CtC Wl Before 26/4/93 1 warrant plus $3 09 cash Causeway loan Causeway Wt 2/10/89 to 20/10/9* 1 warrant plus J1 cash or 1 warrant plus $1 nominal amount ot loan stock. Chun tap Notes Chuan Hup Wt March
      686 words
    • 153 14 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 tide 1435.43 (16/7/90) ["J"* 1990 km: 981.07 (09/11/90) [«J [Jg*® jJJJjgg) 1989 hifh: 1322.00 (28/12/89) j» J" (2 *)gg 1989 tow: ***** (4/1/89) JJJ J* J30.69 Wj/» 1988 hifh 1043 86 (8/8/88) »J* «{}{"j 1988 km ***** (4/1/88) 1607 12
      153 words
    • 169 14 Malaya Glass Bhd: 29th AGM at 72 A, Jalan Tampoi. ***** Johor Bahru, Johor Darul Takzim on Friday, Nov 30, at 12 noon. Singatronics Ltd: EGM at The Board Room, Level 8, Singatronics Building, 506 Chai Chee Lane, Singapore 1646 on Wednesday. Dec 5, at 3pm. The Hoir
      169 words
  • Page 14 Advertisements
    • 67 14 r >SM Wgff!BP vJn', wiS2Ss£* B b «9 |p S A B It ItilSLj&ev B INDIVIDUALITY. HANDMADF FROM FINE, YET HARD WEARING HIDES THE CAM BRIDGE LEATHER COLLECTION HAS A PURITY AND SIMPLICITY OF DESIGN THAT IS UNMISTAKABLY DUN HILL ill VISIT ALFRFI) DUNHILL A T PAI AIS RFN AISSANC
      67 words

  • Page 15 Advertisements
    • 291 15 THE NEW CRESSIDA LUXURY WITHOUT THE PENALTY NTRQ f^ R PIRECTOR Wg^jm The best cars in the world exist on the very thin line iMTRnHI JPINfi A CAR THAT In its latest manifestation, it is even more stylish, even between what technology and design can create, on the one more
      291 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4366 16  -  By William Chia SHARE PRICES on the Singapore stock market closed lower across the board in thin trade as a weaker close on Wall Street and the Tokyo bourse dampened investors' sentiment. The Dow Jones Industrial Average closed 8.66 points lower
      4,366 words

  • Page 17 Advertisements
    • 471 17 JnM V rW RESORT P* wgXt I new lifestyle is now only an island hop away. J f ndah Puri Resort, Batam. Conceived by world famous resort specialists INDAH PURI APARTMENTS Wimberley Allison Tong Goo. Offering leisure pursuits that rival reson lifatyle starts here 192 finishes. Satellite TV reception. An
      471 words

  • 4015 18 Main Board Chemlnd 248 +18 +7 8% Spore Fodder 240 +10 Ssangyong SO* 185+5 +2.8% kcppel Corpn 492 +4 4-0.8% HDC 276 +3 +1.1% Ccrcbos 25* 213 +3 +14% Rolh Inds 50" 418+2 +0.5% BAT 22* 374 +2 +0.5% CSlC 314 +2 +0.6% J Cement
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  • KUALA LUMPUR STOCK EXCHANGE
    • 3884 19 Bernama MBT SHARE PRICES in Kuala Lumpur yesterday closed lower in dull trading as uncertainty kept market players on the sidelines. The KLSE Composite Index fell 1.17 points to 465.62 and the Industrial Index dipped 2.60 points to 939.71. Losers led gainers 107 to
      Bernama; MBT  -  3,884 words
  • Page 19 Advertisements
    • 286 19 SENTOSA DiScoVgß a Woßlc/ of YoUx Own. Sentosa Development Corporation FIFTH SALE OF SITES Sentosa, Singapore's Discovery Island, invites participation from local and overseas entrepreneurs to develop new attractions on the island. The Schedule Approx. Parcel Site Area Proposed Development Lease Period 5A 5,256 sq m Rehabilitation of Existing Buildings
      286 words

  • TOKYO STOCK EXCHANGE
    • 2250 20 Reuter TOKYO stocks closed lower yesterday as margin traders unloaded shares, spurred on by weakness in the yen resulting from belief that interest rates in the US arc not about to drop. A round of index-linked buying in late afternoon, largely by
      Reuter  -  2,250 words
  • STOCK EXCHANGE OF HONGKONG
    • 2320 20 SHARE prices ended slightly lower on thin trade as investors awaited the outcome of the UN Security Council vote on using force in the Gulf, dealers said. "Turnover is appalling," said a local dealer. "Overseas markets aren't giving any inspiration because the whole
      2,320 words
  • Page 20 Advertisements

  • REGIONAL STOCK MARKETS
    • Shares fall amid computer malfunction
      • 979 21 COMPUTER problems forced investors to take a cautious approach to trade on the Australian share market, which ended weaker yesterday. Brokers said the market was softer all day, but it was difficult to get a feel for direction because the wrong index levels were displayed. "The All Ordinaries Index
        979 words
      • 100 21 NEWS of a sharp drop on the Tokyo bourse sent Thai shares down across the board yesterday as investors continued this week's rush to dump their holdings ahead of an expected economic slowdown, brokers said. The SET Index fell 28.95 points to end at 558.20. Declines led advances 160
        100 words
      • 1105 21 Bangkok Baht VoKW) Alucon American Standa 84 Asia Credit 73 8 4002 Asia Hotel 65 Asia Sec. Tradi 49 5 5 Ayudhya Insuran 168 -7 IJO Ayudhya Investm 61 -6.50 2075 Ayudhya Life As 245 Bangkok Bank 287 22 618 Bangkok Bank Of— 13 -0.50 ***** Bangkok Insuran 430 14
        1,105 words
      • 390 21 TAIWAN stocks closed higher on a technical rebound yesterday after four days of sharp losses, dealers said. Trading was extremely volatile with the weighted index moving in a 224point range. It entered positive territory in the last few minutes of trading. The weighted index closed 65.38 points, or 1.58
        390 words
      • 826 21 SEOUL stocks slumped in heavy trade after the index fluctuated in a 10-point range as investors bought on expectations that failed to pan out, brokers said. The composite stock index closed at 692.55, shedding 7.21 points from the previous session. Turnover was very ac- tive at 343.4 billion won
        826 words
      • 473 21 SHARE prices improved slightly in active trade yesterday but brokers said the market was heading for a fall next week. The Manila Stock Exchange composite index was 5.13 points higher at 620.62. The combined volume at the two bourses rose to 1.3 billion shares worth 127.6 million pesos from
        473 words
      • 263 21 Reuter NEW ZEALAND shares ended generally softer led by market heavyweight Fletcher Challenge's three-cent fall, but brokers noted some late support creeping into the market. The Barclays Index estimate fell 6.36 points to 1,282.09. Brokers noted little of the traditional pre-Christmas selling from institutions cutting down their positions.
        Reuter  -  263 words
      • 89 21 INDICES TURNOVER Clow 1 Nov 29 hrevtow SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1338.4 2014.6 816.3 81.68 1351.1. 2042.9 816.2 51.70 -12.7 -28.3 +0.1 29.98 BANGKOK SET Index Turnover (million) 558.20 1.186.1 587.15 1,100.0 -28.95 86.1 JAKARTA Composite Index Turnover (nearest '000) NA NA
        89 words
      • 314 21 la local c ui itBcy la SS la US$ day year day year day year NOV 28 ladex change chaage chaage chaage change World 349 4 -0.6 -24.9 •I.I -27.4 -0.9 •19.1 *EAFE Europe Pacific Far Easl 460 7 -1.3 -32.4 -1.5 -31.6 -1.4 -23.8
        314 words
  • Page 21 Advertisements

  • WORLD STOCK MARKETS
    • Dow edges down in see-saw session
      • Article, Illustration
        976 22 BROAD-BASED buying in industries ranging from technology to insurance helped most US share prices end higher on Wednesday. But blue chips, hit by a round of late-session selling, ended slightly weaker. With no substantial developments on the Mideast and mixed economic reports, shares traded in a tight range.
        976 words
      • Article, Illustration
        853 22 LONDON shares staged a mild recovery and were slightly higher by yesterday's mid-session although talk of recession and war in the Gulf continued to cloud the market. Dealers said markdowns at the opening were later reversed as a flurry of buying rippled through the equity market. "The market is
        853 words
      • 168 22 ITALIAN share prices were showing slightly lower overall in early trading yesterday as volume began to pick up after a slow start, brokers said. "Apart from the chemical sector, the market remains weak," said one broker. Montedison and Enimont were gainers but the market was depressed by the poor
        168 words
      • 275 22 DUTCH share prices were barely changed in quiet early trade yesterday with no fresh impulses driving the market. At 1000 GMT the CBS Tendency Index was down 0.1 points at 94.5. Retailer Ahold edged up 0.30 guilders to 133.50. Early yesterday the company said third quarter net profit rose
        275 words
      • 261 22 GERMAN shares were narrowly mixed yesterday around Wednesday's closing levels in thin trading, with the market suffering from a lack of direction and from general investor caution ahead of the year-end. Dealers said many investors were sidelined ahead of the UN Security council's vote later yesterday on a resolution
        261 words
      • 165 22 FRENCH shares had trimmed their modest losses by yesterday's midsession in quiet trading as investors stayed out of the market ahead of an expected United Nations security council vote on authorising force in the Gulf, traders said. The CAC-40 index was down 1.20 points at 1,600.05 at 1120 GMT
        165 words
      • 397 22 JOHANNESBURG leading share prices posted modest gains in early trading yesterday after Wednesday's slightly losses as the volatile financial rand continued to dictate price movements in a dull and uncertain market, dealers said. After surging to a 3.42 close on Wednesday the restricted foreign investment currency this morning fell
        397 words
      • 86 22 SWEDISH shares softened broadly in slow trade yesterday after Wednesday's rise, in sympathy with declines on foreign markets and concern over the future of Swedish banks. By mid-morning, the general index had slid 0.39 per cent to 811.84 in low turnover of 60 million crowns. Dealers said reports that
        86 words
      • 247 22 TORONTO stocks tumbled from mid- day highs to close flat after lack of news and investor interest kept the market quiet, dealers said. "We're going through a short-term consolidation phase," said analyst Joe Ismail of Security Trading Inc. The composite index gained 4.68 to 3,144.69 on volume of 21.6
        247 words
      • 122 22 Brussels Nov 28 Francs FORWARD MARKET Accc 2300 unch Artocd 3010 +10 Astur 1004 >4 Brascan 381 +6 Canpac 492 -7 Cock 137 unch l)c Beers 566 +4 Ebcs 4415 +25 (ib-lnno-Bm 1104 unch (ievacrt 6420 -60 Gr Bru Lamb 3415 -5 Hobok Petro ***** -200 Ryl Dutch 2415 unch
        122 words
      • 361 22 Reuter SWISS shares opened little changed in quiet directionless trading yesterday as Wall Steet's steady close and Frankfurt's firm pre-bourse trade supported sentiment, dealers said. But traders said high Swiss interest rates and the Gulfsituation continued to weigh on the market. The SMI index of leading shares eased 2.3
        Reuter  -  361 words
      • 84 22 INDICES TURNOVER NEW YORK Close Previous Nov 28 Dow Jones NYSE Financial S& P 500 Turnover (million) 2.535.15 2.543.81 116.41 116.44 317.95 318.10 146 147.6 -8.66 -0.03 -0.15 1.6 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.686.2 1.699.71 2.144.3 2.159.52 381.5 378.6 -13.5 -15.2 2.9 AMSTERDAM CBS Tendency Index
        84 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1225 23 REPORTS THE US DOLLAR held steady in early European trade yesterday after firming late on Wednesday in response to US Federal Reserve chairman Alan Greenspan's comments that the US dollar's weakness was cause tor concern. The US dollar is likely to hold
      1,225 words
    • 400 23 Cross rates Nov 29 IJSS SS MS Dm Yen SFr AS NZS USS 1.7075 2.6865 1.4865 130.15 0 5079 1.2670 ***** 1.6407 S$ 0.5857 1.5734 0.8706 0.7622 0.2974 0.7420 0.7631 0.9609 MS 0.3722 63.56 0.5533 0.4845 0.1890 0.4716 0 4850 0.6107 Dm 0.6727 1.1487 1.8073 87.55 0.3417
      400 words
    • 570 23 Interbank rates SS Bid Offer Overnight 4 3/4 5 I-month 5 5/16 5 7/16 2 month 5 9/16 5 11/16 Vmonth 5 5/8 5 3/4 Overnight mode: 4-7/16 I S$ Bid Offer 7 davs 7 7/8 8 1 month 9 1/16 9 3/16 2 months 8 9/16 8
      570 words
    • 565 23 Reuter THE POUND is almost back to where it started ahead of this month's political turmoil, which culminated in the resignation of Margaret Thatcher and her replacement as Prime Minister by former Chancellor John Major. "In many ways you have seen a rebound in sterling
      Reuter  -  565 words
    • 1256 23 SIMEX EUROOOUAR 1 Open High Low Sett Est Vol Op/lnt Vol Dcc 90 91.61 91.64 91.57 91.63 5500 ***** ***** Mar 91 92.IS 92.21 92.12 92.18 9700 ***** ***** Jun 91 92.28 92.35 92.27 92.33 3035 8128 5495 Sep 91 92.27 92.35 92.27 92.33 200 3749 2786 Dcc
      1,256 words

  • COMMODITIES
    • 391 24 Bernama NICKEL prices in the world market are expected to be firmer and to return to normal next year after slumping from its all-time record average of U554.76 per lb last year. PT International Nickel Indonesia, a public-listed company with concession rights
      Bernama  -  391 words
    • 295 24 Reuter INDONESIA, in the throes of promoting its cocoa production, needs to improve quality if it is to eat into West Africa's share of the market, delegates at a cocoa quality seminar said. "Any new approach in harvesting, bean handling and fermenting
      Reuter  -  295 words
    • 843 24 REPORTS SCATTERED buying interest saw the tin pricc on the Kuala Lumpur Tin Market rebounding to close 10 sen higher at M 515.55 per kg, after six consecutive days of losses. Dealers said the KLTM came in for a correction aided by the US$2O
      843 words
  • 1476 24 Rubber Nov 29 Noon Close Inl 1 RSS Prompt 155.25/1 56.25N 155.50/156.50 Inl 1 RSS IXx 90 155 25/156 25 155 50/156 50N Inl 1 RSS Jan 91 154 00/154 50 I54.2S/I54.75N Inl 2 RSS OP 144 00/151 OON 149 00/151 OON Inl 3 RSS OP 144.00/146 OON 144.00/I46.00N
    1,476 words
  • Page 24 Advertisements
    • 683 24 NOTICES LOST SHARE/STOCK/WARRANT CERTIFICATES The following Share/Stock/Warrant certificates/* together with the relevant signed transfer deeds have been reported lost or destroyed:AMCOL HOLDINGS LIMITED No. of Shares/ Certificate No. In the name of Stock /WRTS ******46 Tan Kheng Eng Ixlooo HONG FOK CORPORATION LIMITED *****76 Leong Soy Mew Mdm 1 x
      683 words
    • 413 24 IN THE MATTER OF THE COMPANIES ACT CAP.SO AND IN THE MATTER Of YZAKI (EAST ASIA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meet Ing of the above company held at 10 Anson Road. #28-01. Singapore 0207 on 27.11.1990. the following resolutions were duly passed AS SPECIAL
      413 words
    • 7 24 Executive Jobs every Saturday in Business Times
      7 words

  • 1132 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA894 SRI 87 GA890 GA970 0010 0135 2225 2335 SQ105 SQ107 SQ109 MH646 Mum 7 1050 1305 1405 1525 1550 SQ106 SQ108 MH641 SQI 10 SQI 12 1045 1145 1315 1445 1545 Adotaido SQ227
    1,132 words
  • THE TRAVEL PAGE
    • 610 25 LETTER FROM BANGKOK THE artistry that 19th-century craftsmen poured into temples, 20th-cen-tury artisans now employ in creating a wealth of beautiful products that have made shopping one of Bangkok's prime attractions for visitors. Clothes, jewellery, home decor items, handicrafts and art objects all find new homes
      610 words
    • 152 25 As at 3pm yesterday: lyocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3100 1.3300 Canadian dollar 1.4550 1.4750 NZ dollar 1.0300 1 0600 Sterling pound 3.350 3.3700 1JS dollar 1.7060 1.7160 I iical dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 110 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td IXx 4-7 ommtel Asia 90 Hongkong Business *****00 j an 16-20 Tourism Netherlands Koninklijke (31)30/*****1 onvention Industrial Trade 1991 Recreation Fair Nederlandse Exhibition Fairs Pte Lid Jaarbeurs (Ln,r f Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Qoc 5-7
      110 words
  • Page 25 Advertisements
    • 732 25 ht.m CIC-Union Europeenne, cic group International et Cie <A BANK INCORPORATED IN FRANCES (expressed in thousands of French Francs) Consolidated Balance Sheet Consolidated Statement of Income As at 31 December ASSETS 1989 1988 As at 31 December CASH CENTRAL BANKS. DEBIT 1989 19M TREASURY AND POSTAL BANK OPERATING EXPENSES: GIRO
      732 words
  • Page 25 Miscellaneous
    • 269 25 7 There's a man of the cloth among many of one's gov- ernors (9) LhJ——LmJ—— MM 8 The offers JU uck 10 A way to travel cheaply and see great (8) HM |Hf MM hMT Stock al little drink—work pL_^L_BL _HI—.MM——MM 12 A big animal general ~~MM H H IH
      269 words
    • 208 25 Singapore Outlook: Showers over several areas in the afternoon. Knrecast: Maximum temperature 32.5T Assoc humidity 67% Minimum temperature 25.6° C Aaoc humidity 88% Hours of sunshine 5.55 Rainfall in mm Trace Rainfall this month 177.8 Rainy days this month 16 World report Asia-Pacific HI/IjO* Cond. Auckland 21/15 Fair Bangkok 31/24
      208 words
    • 25 25 t;iilkiE?fl;SW3WWl rve Rdoß nmureS To it ntp\MS PlpvToot fouß rwoTes "to NirvJe comelr L e p\u_ u>Ry P\ WRLF..... C EVENING STANDARD CO LTD 1»«2-1»90
      25 words

  • Page 26 Advertisements
    • 931 26 WHEBE TO WINE, PINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Some of our best advertising is by word-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r 338 8585 ext 1H155/6. miM GRH.I.
      931 words
    • 454 26 Oui! The best of French cuisine in one sitting. Pates, terrines, escargots, canard a I'Orange, souffles and J over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm Adult: $36+
      454 words
  • Page 26 Miscellaneous
    • 671 26 TELEVISION AND RADIO J TnrkM iMf sear 940 gssr A K,ner Da,c t% A vvil lilll lfcf Llv 7.25 PM The Thursday War IM§ yoimg Sherlock HoJmw (See CablTNews Network. BBC, 89.9 mHz in VHF Band II C/ Awkward and Disaster (Doc- Our Choice). 7.30 Papaya And Son (Cartoon). 7.10
      671 words

  • LIFESTYLE
  • Page 27 Advertisements
    • 261 27 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. i 4 ANA HOTEL 16 NASSIM HILL, SINGAPORE 1025 TEL: 732 1222. SINGAPORE The Neu Faces If your heart
      261 words
    • 56 27 Top New Zealand Motel Complex, owner operated, four years old.. Specialist corporate and tourist clientele in prime location. Enjoying very high returns. Requires private or institution finance for further development. Our managing director will be visiting Singapore in early December. For further particulars please write: Paul Mutch P O Box
      56 words
    • 293 27 SUNDAY M FAMILY BRUNCH H $13+ H (S7 for children under 12) TEE-OFF CAFE |h%J BAY GOLF COUNTRY CLUB KM 6 MARiNA CREFN SINCAPORE 0101 FOR RESFIRV ATIONS PLFASF CAIJ. 221 2811/322 4221 Tim■ and 1 K\/llm/i Karaoke Lounges riNESf RUSSIAN AND CONTINENTAL CUISINE Shashlik Beef Borshch Fish Papillote The
      293 words

  • 419 28  -  Attention on Elected President Bill, shared values By Anna Teo ON HIS FIRST day as Prime Minister, Mr Goh Chok Tong yesterday reiterated as immediate priorities the enactment of the Elected President Bill and a discussion of the White Paper on shared values. These
    419 words
  • 242 28 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday reminded nonMalays, especially the Chinese. that they should no longer view government assistance for Malay economic upliftment as an act of favouritism. At the same time, he advised Malays to no longer consider
    Bernama  -  242 words
  • 250 28 AFP TAIWANESE Vice Minister Shih Chi-yang has said the government could consider opening direct trade with China only if Beijing commits itself to safeguarding the interests of Taiwanese businessmen. Mr Shih, who is also chairman of the ministeriallevel Mainland Affairs Commission formed
    AFP  -  250 words
  • 368 28 The Gulf Crisis Agencies IRAQ is cxpcctcd to ignore a United Nations ultimatum to quit Kuwait or face war, and will hold on to hundreds of Western hostages, said diplomats in Baghdad yesterday. A few hours before a United Nations
    Agencies  -  368 words
  • Page 28 Advertisements
    • 69 28 Jli. Baume Mercier GENEVE 1830 T HE EXECUTIVE IN SEARCH OF EXCELLENCE I A ril he I I :^.:.K-*&k t X the award winning j| I ll^H^*«liß^^^!^^^^^^^Bi^3^^B^BHHHß^~ aerodynamic body, the I I fuel-injected 122bhp :l I powerplant, the plush \U*L ot***" 7 OREL 0- 800 MOTORS Jl3 Showroom: 921 Bukit
      69 words
    • 5 28 JIL Baume Mercier GENEVE 1830
      5 words

  • Shipping Times
    • 372 29  -  By Rahita Elias MIDDLE EASTERN airline Gulf Air is confident that its new service between Bahrain and Sydney will take off, despite the Gulf crisis. Mr Malcolm Genge, Gulf Air's area manager (Singapore and Southern Asia), told BT that with the withdrawal of
      372 words
    • 266 29  -  By Khaidir Abd Majid MALAYSIAN movers are in the midst of forming a national association to safeguard their interests as well as to regulate standards in the fast-growing industry. If the association materialises, Malaysian movers may opt out of the Far East Movers
      266 words
    • 385 29 AFP OFFICIALS in the Chinese city of Shenzhen say they hope neighbouring Hongkong will scrap its mammoth airport project as a new Shenzhen airport nears completion. Some 5,000 workers from all over the country are working round the clock to finish the airport
      AFP  -  385 words
    • 379 29 Cargonews Asia AIR-CARGO throughput at Hong Kong Air Cargo Terminals Ltd (HACTL) has strengthened steadily in the second half of the year and currently stands at 9 per cent above last year after the first 10 months. A record 75,000 tonnes was handled in
      Cargonews Asia  -  379 words
    • 473 29 TIGHT and uncertain loading schedules at Saudi Arabia's busy crude oil terminals arc causing delays that translate into heavy war-risk insurance costs for tankers entering the Gulf. Tanker operators said that to cut expenses, they are keeping their ships to wait just outside
      473 words
    • 337 29  -  By Malini Tambyah GERMAN carricr Deutsche Sccrcederci Rostock (DSR) will join compatriot Senator Line's round-the-world (RTW) service from tomorrow one month earlier than expected. Mr P K Chec, executive director of Newship Agencies, Senator Line's general agent in Singapore, also told BT that
      337 words
    • NEWS SUMMARY
      • 52 29 THE LOSS of nearly 400 positions, involving 200 redundancies, has sadly shaken American President Companies' reputation for cool, deliberate management, based on an unfaltering forward vision. In an interview, chairman Bruce Scaton makes it clear that while the current outlook has changed, the underlying confidence remains
        52 words
      • 74 29 NEWS that Bonn may sell its stake in Deutsche Lufthansa AG is not a surprise to analysts, but the poor outlook for the airline may make it a tough sale. The Bonn government, which holds a direct 51.62 per cent stake in Lufthansa, is
        74 words
      • 39 29 THE US Department of Transportation is considering relaxing a law restricting foreign ownership of US airlines to 25 per cent as part of an effort to case carriers' severe financial problems Back Page
        39 words
      • 33 29 DAIMLER-BENZ AG, Germany's largest company, said it is exploring the possibility of selling mobile-communications equipment because of the growing market for such services in Germany. Back Page
        33 words
    • LOG BOOK
      • 94 30 ISUZU MOTORS Ltd will start assembly production of commercial vehicles in Indonesia next month with components shipped from Japan. Isuzu officials said the Jakartabased PT Gaya Motor is to manufacture three-quarter-tonne pick-up trucks mounted with 2200 cc diesel engines at a yearly rate
        94 words
      • 158 30 THE US air transport firm Del Chang will fly between Vientiane and four other South-east Asian cities under a contract with Lao Aviation, airline officials in Vientiane said. The agreement delegating Lao Aviation's international routes to the Miami-based company will take effect at
        158 words
      • 104 30 INDIA said the Airbus Industrie A 320 can now start flying on domestic routes, nine months after the crash of a new A 320 in perfect weather in the southern city of Bangalore. The government last month allowed Indian Airlines, the main domestic carrier, to fly
        104 words
      • 109 30 AUSTRALIA admitted on Wednesday that some of the live sheep in a shipment rejected by Saudi Arabia during the weekend were diseased. The Australian Meat and Livestock Corporation (AMLC) said the shipment of 85,000 sheep contained animals suffering from scabby mouth, despite tough guidelines imposed on
        109 words
      • 68 30 TESTS at Canadian airports show security screening fails to detect one in 10 bombs and weapons carried onto planes, but the failure rate is about the best that can be expected. "That is about the optimum we might expect. I would be very suspicious if the detection
        68 words
    • 981 30  -  The loss of nearly 400 positions, involving 200 redundancies, has sadly shaken American President Companies' reputation for cool, deliberate management, based on an unfaltering forward vision. Interviewed by Francis Phillips, chairman Bruce Seaton makes it clear that while the current outlook has changed, the underlying confidence
      Containerisation International  -  981 words
    • 547 30 Carbon Carbon Nov 26 DensityWater Residue Ash Aluminium Sedment DensityWater Residue Ash Aiumnum Sed»nen« M/M J I M/M Exxon I Euon KG/M*3% V/V M/M M/M PPM method KG/M*3% V/V M/M M/M PPM method ISO/Cinac imts Spec E25 ***** 15 0 0 10 30* 0 10* Spec
      547 words
    • 12624 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,624 words
    • SHIPS IN PORT
      • 503 45 feud *oy No Berth Aimal Departm V«m< Ooy Ho Berth Arrival Departure Keppel Wharves Niaga 21 S122A P20 3011/0/00 3011/1500 Bayswater 118 ****** R30 alongside 2911/1400 Sea 0ragon88 S152* P4A 2911/1700 3011/1600 Bri| 02A17 K29 alongside 2911/1500 tsla Fkxean 1506£ C10 alongside 2911/1830 Sembawang Mm 2 K32
        503 words
      • 1196 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookine/Babnce Mb Sty Voy No Etb/Btr Penod From To From Afca Btium 6*> 02/0700 4 30/1200 30/1459 30/1700 Al Shamtah 75 02/0700 2 29/1700 30/0659 30/0900 4 30/1200 30/1459 30/1700 Amaka KCN0U 01/0600 1 29/1500 29/1659 3 30/0700 30/1159
        1,196 words
      • 353 45 Port Klang Berth it South Port on Nov 29: 1 nil; 2: Hamakaze. Stolt lade; 3: Hong Leong; 4 Builder HI; 5 nil; 6: Sutra; 7: Sinar Intan; 7A Beqasa KCT: 8: Sea Leopard. 9; Perkasa; 10; nil North Port: 11 Pravdmsk; 12: Johan Pearl; 13: Tai
        353 words
      • 1018 45 THE DRY cargo freight rate market was busy on Wednesday, with rates either steady or rising from recent firm levels, brokers said. Grain fixtures included a 30,000 tonne cargo from the US Gulf to West Africa at US$lB, while 50,000 tonners from that origin to Japan commanded a
        1,018 words
    • 491 46 Reuter NEWS that Bonn may sell its stake in Deutsche Lufthansa AG is not a surprise to analysts, but the poor outlook for the airline may make it a tough sale. The Bonn government, which holds a direct 51.62 per cent stake in Lufthansa,
      Reuter  -  491 words
    • 325 46 Reuter THE US Department of Transportation said it is considering relaxing a law restricting foreign ownership of US airlines to 25 per cent as part of an effort to ease carriers' severe financial problems. The measure is one of several alternatives under con-* sidcration,
      Reuter  -  325 words
    • 208 46 IHT DAIMLER-BENZ AG, Germany's largest company, said it is exploring the possibility of selling mobile-communica-tions equipment because of the growing market for such services in Germany. Daimler said that it is setting up a consortium with Nynex Corp, the New Yorkbased regional phone
      IHT  -  208 words
  • Page 29 Advertisements
    • 228 29 HSWfE HENG WTM. CO PTC LTD 11 TUAS AVE 14. SIfKIAPO«E 22U TELEX H9 2C*7s SMMCPV TEL: Ml M 53 (Skn~) fRVUMI HMitnfal fc*J ACann* fr rsn CHS /filuJ I pjj llllm Etocttc tokill Ifil TO«M HKMKIK MAU*SU //Li^ ConiMrtor miaulamd, WW Omml i LPO rmt trrvma 7)ml!Lmi CenLtnm Handhn
      228 words
    • 28 29 Container Schedule 1? Daly Fr«ghts 17 Into to Advertisers 3 Shippmg Guide JO,II Ships m Port 17 Singapore tries 17 Veritas Report 2 Weather and Sea Conditions 17
      28 words

  • Page 30 Advertisements
    • 88 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
    • 78 30 DIRTY TANKER 1400 DWT AVAILARLE FOR CHARTER 6 3 3M Laycan Spore 11-21 Dec M Bit 1975 Holland GRT/NRT 919/122 Lloyds Class Flag British 5 cargo tanks 3 Ballast Wing Tanks (459T) Main Eng Deotz 4 Stroke IIW BHP Aux Eng 2 x Lister M Hp x ISM Rpm Plus
      78 words

  • Page 31 Advertisements
    • 1938 31 ma i >iiiiiiii MTMTiiI 200 Cantonment Road #12 05 Southpomt. Singapore 0208 All IF# Tel 22t»U TELEX NO ■fmv TERMINAL CFS Tel *****18 220 IT IWM TV BOOKINGS Tel *****34 235 L \Ww A ->esaka jardine shipping agencies PORT KELANG TEL *****18 TELEX MA***** MA***** PENANG TEL *****4 TELEX NO
      1,938 words
    • 1308 31 MDEXI TMDVERJISERS Page Col Col l ucky Seaway 15 3 I l.ykes Lines 5 3 ABC Conlatnerlinc 13 5 "M-f. Accord Group 8 1-3 I Ahrcnkicl Liner \l 3 MaoNds Agencies .4 1/2 Albatros Sea-Air 14 4 Macol.ne 8 2/3 Alfred CToepler 15 5 Madju Sdn Bhd 16 W2 Anns
      1,308 words
    • 2251 31 pßimafi' Vmml Voy ETA I ETO "Port °P«ning DESTINATIONS Singapore Kelang tim* mi MatfukM M #i« f m«> by cv 4/1? oaoo hbs m Farco HiH CFS 3/12 23M MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MATMILOE M 9102 4/1? VI? StO
      2,251 words

  • Page 32 Advertisements
    • 1184 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENALDER 96/546 2/12 19/12 22/12 23/12 KATSURAGI 03/545 6/12 30/12 26/ 2 27/12 23/ 2 31/12 TOKYO BAY 02/550 9/12 27/12 29/12 3/J2 HAMBURG EXPRESS 99/549 13/12 7/1 1/1 3/1 31/12 6/1 KURAMA 06/553 16/12 2/1 4/
      1,184 words
    • 608 32 i i JifTffc DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SFASPAC I 28/12 10/1 12/1 17/1 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA, PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/12 30/1 31/1 3/2 Also accepting Cargo (o Callso (Ptni) vis Valpa
      608 words
    • 1429 32 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 PRINCESS 9039-3 02/12 24/12 26/12 29/12 30/12 31/12 01/01 02/01 01/01 NORTH SEA 040W 10/12 31/12 02/01 05/01 06/01 07/01 08/01 09/01 08/01 NORASIA SINGA
      1,429 words

  • Page 33 Advertisements
    • 1792 33 nujipiiij uiiirS) rnuav nuvciuurr am i99v SjgSteamers Maritime Holdings Ltd! P&O MM STRAITS SHIPPING! w" M—— ta BtwmL East Malaysia, I WBk Containers fiii* I Voy No P Klanf S'pon S'ton M Du-| B'Hmen ITdim Lrt» CARGO I saa. :s, i TOKYO BAY Q2;SSO 09/12 26/12 28/12 30(12 STRAITS VENTURE
      1,792 words
    • 1708 33 TO: EUROPE TO: FAR EAST SfOW HK MO KOB BU SP IH ROM HAM B HVN BR? FIX CHOYANG SUCCESS OUE *12 W 7/12 MTU 13/12 CHOYANG PARR Oil* 1/12 1(12 20(12 21/12 21/12 23(12 2«,'12 MANJIN HAMBURG 003E 1012 1312 14/12 17/12 20(12 CHOYANC CHANCE OHM 4(12 22,12 23/12
      1,708 words
    • 49 33 SENUM SMPPM6 PTE LTD. 20-09, Tong Eng Mdg. 101 Cadi St. Spore 0106. Tali *****12, *****13, *****34. JBhHI Tata.: «S ***** Pan *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA SENG LEONG 2/3 D£C P. KELANG HAMIDAH 4/5 DEC SIBU, KUCHING SENG LEONG 9/10 DEC KUCHING. SIBU TRANSBULK 7/1 DEC PENANG
      49 words
    • 420 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASEAN TANJUNC ASIAN CHALLENGER STAR MAS TRADER VOY NO 3 Ut 12 Spore J/12 13/12 1402 17/12 P Kelang 11/12 11/12 17/12 20/12 Hongkong Calcutta Yokohama 27/12 25/12 (/I 10/1 Nagoyi 2S/12 23/12 4/1 1/1 Osaka Senboku 23/12 21/12
      420 words

  • Page 34 Advertisements
    • 530 34 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLVOY S PORE R DAM, ADAM H BURG BREMEN ANTWERf SRWIJAYA3WB 1-4/12 3/1 9/1 14/1 I7fl KUTAI/2HW 122-28/12 24/1 W 4/2 6/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfacl to Inducsmsnl Also sccspting cargo to Casablanca. Port Said Port Alexandria. Qonoa. Trieste
      530 words
    • 836 34 HANJIN SHIPPING I W*# «P FULL CONTAINER SERVICE rasa ss ss as s& s. rilsaEt ri CHOYANC CHANCE 050*1 S/12 121/12 22/12 24/12 24/12 26/12 27/12 HANJ N I*l2 JJ JWNSAN HANJIN OAKLAND 011W 8/12 26/12 27/12 2S/12 2»/12 30/12 3W12 HANJIN ROTTERDAM UIE 17/12 H. WHANG 105E 11/1 13/1
      836 words
    • 1322 34 l —J T -J PKL SGP HKC KSG KIC PUS MKT OSK SM2 TYO LAX CHS BAL NYC LHV ANW ROM THP HBC SCP I I GIANT RE 04; 2*ll In Pt *12 *12 7/12 1412 12/12 14/12 I*l2 17/12 21/12 *1 110 120 220 23fl 2*l 2*l 270 21/2
      1,322 words

  • Page 35 Advertisements
    • 1510 35 in lining i lines, rniuijf nuvcmuci m iw» NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO. **********0E) S BOOKINGS: jfy UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 R- TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04
      1,510 words
    • 1097 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****41 *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE] DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VOYAGE ISPOK ImANILA I HKOHC VOYAGt STORE PKLAWC HBURC B'HAVtN TILBURY ROTT
      1,097 words

  • Page 36 Advertisements
    • 1234 36 I£3 K LINE KAWASAKI RISEN KAISHA. LTD. f EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA FAUfIC SOUTH-WEST I f MOTHER VCSSCL WOT HOUS LI OAK TUT FEEOCR VESSEL *OT TKY SCP I FFFMR urerri urn *INDO -PKPNC Hcpl MOTHER VESSEL VOY LB OAR CHI NYC BROOKLYN BRIDGE 34 31/10
      1,234 words
    • 1188 36 PHIU-ORICNT UN€S PT€ LTD ■■■B 106 ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION foiDECMONTRtAL, OTTAWA, TORONTO, I VANCOUVER, S'WESTERN ONTARIO. 11 DEC DUBAI, DAMMAN,
      1,188 words

  • Page 37 Advertisements
    • 1607 37 gggg JDfM PACIFIC INTERNATIONAL LINES (PTE) LTD /J Jf fpp PIL Building, 140 Cecil Street #03-00. Singapore 0106. JAKARTA I j BANGKOK I 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK S* EDEN 9040 1/12 3/12 t/12 KOTA JAOE 09NB 30/11 3/12 7/12 HAI GUANG 41 SB 4/12
      1,607 words
    • 976 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VQY SPORE PKLANG SHAMPTON| HAMBURG BHAVEN R'DAM L'HAVRE Benaider f 98/546 2/12 Via TOB 19/12 22/12 23/12 Katsuragi* 03/545 6/12 30/12 26/12 Via Ha 23/12
      976 words
    • 324 37 MYANMA pBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg SITTWE V47W In Pt (LOADING FOR RDAM/HMBC/ANTWP) PAGAN VI64W 1/3 Dec 2/4 0* HPA-AN mm Ml Dec PATNEIN VIOBW 12/16 Dec 1/12 Dec THE BANK UMI (A aervlce of Andrew Wolr Shipping) \\r SEMI-CONTAINER
      324 words



  • Page 40 Advertisements
    • 801 40 HTMt^I INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC ASIAN SEN WFOU In Pt 22/12 21/12 20/12 23/12 25/12 BRANDENBURG WMIOI 8/12 S/l 4/1 6/1 2/1 JAPAN SEN WFIOI 11/12 3/1 4/1 t/1 7/1 HI AMERICAN SEN NFIO2 17/12 11/1 4/1 8,1
      801 words
    • 1131 40 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 8 DEC a 15 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 7/12 14/2 MANILA 8/12 15/12 PENANG 7/12 14/2 BUSAN 7/12 15/12 BANGKOK 4/12 7/12 TOKYO 6/12 13/12 HONG KONG 2/12
      1,131 words
    • 313 40 LOADING FOR VtSStL SPORE CBO DSN BAIRtS HVIOCO RIO STS VIT PAGUA eOSTWEf N I IVI2 71/12 1/1 14/1 71/1 a/1 OfT VMM 22 ALSO LOADING FOR BUINOS AIRES Turkey. Red Sea/ Med Ports. Sport P Ktunf Ptfung Lo*4inf far GENCLIK V V» DEC 1 OEC OPT DERINCE.ISTANBUL l/MIR MERSIN
      313 words
    • 1242 40 xosrr CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX TE R L S SSmsihp 2, MISTRI ROAD. HMC BUILDING FAX: *****66 #15-00, SINGAPORE 0207 CAB( .E COSTARLINE CR NO: U*****0000M General Agents: OOOTAR SHIPPING PTE Liu VtSStL/VOT SCP FIX HOT HAM AWT DKK VESStL/VOY FIX WOT HAM AWT PKK
      1,242 words

  • Page 41 Advertisements
    • 815 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 i Competitive Rates!! ETA USA All IPI Destns 8/12, 15/12 EUROPE all Ports 8/12, 15/12 BANGKOK 5/12, 8/12 HONGKONG/CHINA 5/12, 9/12 SYD, MEL, ADEL, BRIS 9/12, 16/12 FREMANTLE 9/12, 16/12 MANILA 7/12, 14/12 PKLG/PENANG 9/12, 16/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      815 words
    • 239 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnaa) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnaa) f\ ETHIOPIAN SHIPPING UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ABYOT 23W8 5M2 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WOUZ TTwB 307 i DARESSALAAM MOMBASA
      239 words
    • 831 41 MASKAPAI PELAYARAN WpULAU LAUT e rULLV CONTAINKIStb KGIONALTgTDTE SERviCf TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN OKUNOZE
      831 words
    • 597 41 IB BANGKOK CEBU/MANILA [VESSEL VOY SINGAPORE BANGKOK [VESSEL VOY SPORE CEWJ MANILA MAHA BHUM# 36N Sit 1/12 Tu« 4/12 THANA BHUM 43S In Pt 6/12 8/12 JENLINK 34N Wed S/12 Sat 6/12 KITI BHUM 49R 7/12 13/12 15/12 SIRI BHUM#' 472N Thur 6/12 Sun 9/12 SO STAR SOS 14/12 20/12
      597 words
    • 384 41 TO AUSTRALIA/NEW ZEALAND pa pi IrrMi hM [Audi pfC |P. CMAUI ANTWERPEN 211 tyl2 12/12 Hu 5/U o*l2 W TNT EXPRESS 2U ~7fl 14/1 »1 24/1 M/l 2/2 E HUOIC 2*4 nh 4/2 *2 us Ew w MUSSEL 2fi 5/7 25/2 M 7/3 W W uti 1* DATS TO BTDNET!
      384 words

  • Page 42 Advertisements
    • 1192 42 Rfc M W ▲ai MAC-NELS SINGAPORE TEL *****22"] import TEL *****0^ PENANG TEL (04) *****6 KK TEL (080) *****0 TAWAU TEL (089) 7/8679 P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 I j BAHRU TEL: (07) *****2 SIBU TEL: (084) *****? LABUAN TEL (087)*****9 JAKARTA
      1,192 words
    • 389 42 BLUE STAR LINE lISINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK LVT PREMIER 09S 3 Dec U Oet Via NPL 13 Dec
      389 words
    • 1436 42 /3EI THONG SOON LINES PTE. LTD. I 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 I SINGAPORE TO SABAH VESSEL |WT |ETA ItST VESSEL IMT I ETA MIT KIM SOON LI 46/90E 30
      1,436 words

  • Page 43 Advertisements
    • 682 43 COMPANIA PERUANA TOgA 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. Kelang Singapore SHAPIAEVERETT 09/11 Dec U/14 Dec KAMALEVERETT 30 Dec/01 Jan 02/03 Jan THOMASEVERETT 15/17 Jan 18/19 Jan "EVERETT ORIENT
      682 words
    • 603 43 vsi Ivor Is PORE [MAINLINER [lax [KST |SAV [NYC Ihfx A VESSEL 1/12 ZIM SAVANNAH *,17 4/1 7/1 1/1 11)1 ZIM KAOHSIUNC 12IE 5/U ZIM CANADA 1/1 10/1 13/1 IVI 17/1 ZIM KOPER 13E 7/12 ZIM lIVORNO 1/1 17/1 20/1 22/1 24/1 ZIM OSAKA IX 14/12 ZIM LIVORNO 1/1 17/1
      603 words
    • 601 43 Msing kwang hang WWHIB t TOAMPOMTATION <PTI) LTD WEEKLY LCL/FCL SERVICE I VESSEL |S PORE [JAKARTA [SURABAYA I MEKHANIK KURAKO V3BN 6/12 09/12 I EQUATOR JOY VQ6N |03/12 I— |05/12 VESSEL S PORE BANGKOK A VESSEL 1/12 5/12 A VESSEL 7/12 13/12 DESTINATIONS ETA SINGAPORE PORT KELANG 30 NOV MANILA
      601 words
    • 486 43 (IS PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL vov sin jkt sby PELOPOR 964 01/12 04/12 PRASETIA 125 A 05/12 06/12 PELOPOR 965 06/12 11/12 PRASETIA 127 A 12/12 16/12 TANTO UTAMA 125 05/12 08/12 TANTO UTAMA 127 12/12 15/12 TANTO UTAMA 129 19/12 22/12
      486 words
    • 337 43 SIN FAN EAST 2/12 KEELUNG/KAOHSIUNG I 1/12 BANGKOK .30/11 MANILA/CEBU f 1/12 JAKARTA/BELAWAN/SURABAYA 1/12 PORT KELANG/PENANG/E. Malaysia 1/12 BUSAN X 2/12 TOKYO/YOKO/KOBE/NGO/OSA 3/12 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUBQPE/M* H 1/12 LDN/FLX/LVP/SOU 1/12 RDM/HAM/ANT/LE HAVRE/GENOA H also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SJN USA/CANADA 2/12 LOS
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  • Page 44 Advertisements
    • 571 44 ~ST CB SHIPPING I MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBIILK SERVICE "ANKE" SERVICE SPt LAE MISIMA POM T'VILLI VI9SB 27(11 X JU !«,1 2 V2OSB 29»12 10.1 IW 15 < 1 18,1 Lm T/S »a Pom BUNKER SURCHARGE EFFECTIVE VI9SB TEU uso 53 50 B/BULK USD 5.00 LCL
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    • 932 44 SINGAPORE/MEDITERRANEAN^ULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BM T. V 23-CW9O 3/12/90 20/12/90 21/12/90 27/12/90 K.S. V-21-90W 8/12/90 4/1/91 24/12/90 29/12/90 MB V24-CW9O 16/12/90 6/1/91 7/1/91 12/1/91 YM V22-90W 20/12/90 14/1/91 4/1/90 9/1/91 I.Y V 23-90W 27/12/90 21/1/91 11/1/91 16/1/91 ALSO ACCEPTING CARGO FOR MILANO
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    • 569 44 General Ajtntl 7RAS/S~L/A//C CffjO PENANG KL: allied-LINK SINGAPORE: //T^\\ XQ&r 04-*****2 03-*****55 778 6522(22 unesi «ES Marina Ong Susan NQ/Chrlatlna Chlaw Iran* Cheng/Eather Yap I ffISW jf\ff EO SHIPPING AGENCIES PTE LTD KJMJOI/ W "n* RS ***** NEOSHIP Fax *****59 Tel *****29 (6 Lmea) A.VSI 20 NOV CHITTAGONG/CALCUTTA A VSL
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    • 343 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 23N8 2j12 VIGOUR PACIFIC 24N8 13/12 BANGKOK 8/12 15/12 BUSAN 2/12 6/12 HONGKONG 2,12 6/12 DURBAN 13/12 27/12 KEELUNG 2/12 9/12 PT. LOUIS 13/12 27/12 PT. KELANG 30/11 7/12 KOBE 3/12 26/12 PIRAEUS 10/12 20/12 OSAKA 4/12 27/12 JAKARTA 3,12 6/12 SURABAYA 30/11 24/11
      343 words

  • Page 45 Miscellaneous
    • 573 45 TIDES AND WEATHER -Ut'iy. JI MWipinij'w TODAY'S TIDES (lw#t in metres) HOJIOOOO 0100 0200 0300 0400 0500 0600 0700 0900 0900 *****100 1200 *****400 1500 1600 **********00 2000 2100 2200 2300 JR 18 14 12 1.1 1.1 1.4 18 2.3 28 29 28 25 20 1.4 10 0.7 05 06
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  • Page 46 Advertisements
    • 297 46 CHARTPOINT Every Saturday in Business Times WSmmmmmm VSL VOY ETA SIN ETA P.PNH TON 6 HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU /fl/IA HIAP HOE SHFPNG ENTERPRISE V V/li TEL: *****66 FAX: *****10 \JIJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG
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    • 700 46 I MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR 37E 1/17 6/12 24/12 26/12 27/12 LALANOIA 35W 30/10 2/11 5/11 23/11 2/12 HYUNDAI EXPLORER 36E 8/12 13/12 31/12 2)1
      700 words
    • 528 46 CHARTPOINT Every Saturday in Business Times SBSSSSBSSSSSSSSBm UK/CONTINENT (TRIO) arsr s IHHH BENAIDER 81! BW SID O/U BrwwnKlw To r w KATSURACI (B/S4S Wl2 3D/12 2H12 OfU Southampton .to all UK MttmatiaM, Beirut ana uuw n TOKYO BAT 02/550 27fU 2*12 31/12 MEDITERRANEAN (MED CLUB)* JEDDAH i i oSa TOKYO
      528 words