The Business Times, 10 October 1990

Microfilm: NL17117
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday October 10 1990 15*
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  • NEWS SUMMARY
    • Article
      Moscow lowers rouble's exchange rate with US dollar
      93 1 THE SOVIET UNION is to introduce a new commercial rate for the rouble of around two roubles to the US dollar, against a current 0.6 to the dollar, in January, Soviet state bank president Viktor Geraschenko said in Moscow yesterday. He refused
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    • Article
      Big welcome
      27 1 LOCAL businessmen turned out in full force to welcome a high-ranking delegation from Myanmar for a two-day seminar to promote trade and investments Page 2
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    • Article
      More raising prices
      18 1 FOLLOWING in BP's footsteps, Shell, Caltex and Mobil have raised their pump prices Page 2
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    • Article
      Hanoi needs aid
      20 1 VIETNAM will need 'modest' foreign assistance from Western countries to overcome its current economic difficulties. Page 8
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    • Article
      Soviet reform warning
      33 1 THE chief architect of the Soviet Union's 500-day economic reform plan says that failure to adopt such a radical proposal will wreak havoc on the country and economy ftqje 10
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    • Article
      Beijing selective
      29 1 CHINA has foreign investors pounding on its door and does not want investment from Taiwan's "sunset industry", Premier Li Peng has been quoted as saying. Page 11
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    • Article
      US banking changes
      34 1 THE US banking industry faces its most far-reaching changes for more than 50 years with the Federal Reserve's recent decision to allow J P Morgan to underwrite company securities. Page 12
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    • Article
      Extremes in vintage
      26 1 WINEMAKERS in France say this year's dry summer will produce a vintage that is either excellent or poor, but not in-between Page 21
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    • Article
      Building plans put off
      35 1 TAIWAN'S privately-owned Evergreen Line and state-owned Yangming Marine Transport Corp have postponed plans to build 31 ships due to rising building costs caused by the Gulf crisis. Shipping Tunes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      40 1 US BLUE CHIPS renewed their fall in morning trading yesterday as higher crude oil prices and Mid-East fears erased an attempted recovery. The Dow 30 index was off about 28 to 2,495 in the first hour of trading.
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    • Article
      Footsie down
      47 1 LONDON share prices were sharply lower at midday yesterday on worries that the pound's entry into Europe's currency mechanism would hurt companies with overseas earnings. At about 1115 GMT, the Financial Times-Stock Exchange 100-Share Index was down 47.3 points, or 2.15 per cent, at 2,154.3.
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    • Article
      Broker buys into D&C
      30 1 MALAYSIAN broking group Rashid Hussain Bhd will be paying UIC M 5224 million for a controlling 20 per cent stake in Development Commercial Bank Page 3
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    • Article
      UK firms raise stakes
      18 1 TWO UK-based investment trust firm have raised their stakes in locally-listed companies Page 3
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    • Article
      No respite for Lloyds
      32 1 LLOYDS BANK'S chairman expects domestic bad debt provisions to remain high until 1993 in spite of last week's one per cent cut in UK interest rates Page 4
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 551.15 -8.21 Kuala Lumpur ....474.46 +0.60 Hongkong 2.913.52 -11.96 Tokyo 23,495.11 -134.89 Sydney 1,375.4 +5.9 Moaday Chair NewYofk 2,523.76 +13.12 London 2,201.6 +57.7
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    • Article
      CURRENCIES
      21 1 Fnrhintt rates US$ S$ 1.7405 Yen S$ 1.3363 M$ SS0.6449 Moo«y nut krt rstcs Overnight 6-1/4 -1/4 3-month 6-1/2% -1/16
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    • Article
      COMMODITIES
      35 1 London Gold PM fix US$397.00 US$6.20 S'pore Nov 154.75«/kg -0.50 Msia Nov 238.00Vkg +0.50 KL Tin Turnover....... 60 tonnes -16 Spot M$l6.34/kg unch Crude palm oil Turnover 420 lots -197 Oct M$668 /tonne +8.00
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  • Article, Illustration
    Ong Beng Seng company to buy Southpoint
    379 1  -  Price speculated to be about 166 million By Elaine Koh IN THE FIRST major property deal of the year, Kuo International, owned by Mr Ong Beng Seng and father-in-law Peter Fu, has agreed to buy the Southpoint building in Cantonment Road. Industry sources
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  • Article
    Listing status of Kay Hian JC in question
    450 1  -  By Magdalene Ng EVEN AS Kay Hian James Capel goes down into local financial history as the worstreceived public offering, a cloud hangs over its listing status. Only 19.5 per cent of KHJCs public offer of 83.18 million shares at 75 cents
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  • Article
    Brent crude above US$40 once again
    139 1 BRENT North Sea crude oil prices once again passed the US$4O a barrel level on the London physical market yesterday. Brent went above the US$4O a barrel level late last month for the first time in 10 years, but later fell back on increased
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  • Article
    Local companies sign up for Hanoi roundtable trade talks
    301 1  -  By Harish Mehta ABOUT 10 Singapore-based multinational companies have signed up for a roundtable conference with the Vietnamese government. Several home-grown firms, buoyed by the almost certain lifting of the government's ban on business with Vietnam and Cambodia, are also expected
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  • Article, Illustration
    IBM (S) buys 10pc stake in Computer Systems Advisers
    390 1  -  By Anne Lee IBM SINGAPORE has bought a small but significant stake in the Computer Systems Advisers group, boosting the competitive and technological muscle of the local computer software company. With IBM Singapore's 10 per cent stake, Computer Systems Advisers will
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  • Article
    The Law Page
    47 1 SOON, the Singapore stock market will be totally scripless. The Law Page on Page 14 examines the legal loopholes in a scripless system. PLUS: Insider trading of Wepco: Prosecution v defence Case Digest: Does a bank have the right to sell its customers' shares?
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  • Article
    Lock icon Bush signs funding Bill and issues budget warning
    327 1 AFP US PRESIDENT George Bush yesterday signed emergency legislation to fund the American government for H more days, I>ut warned hie would reject a new deficit reduction package unless it had "no smoke, no mirrors". I Mr Bush's action, which averted the
    AFP  -  327 words
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      268 1 The best just keep getting better... and better...' I 1 1 brother 68M Business Systems a? 743-aooo Aircraft Schedule 31 Money Changer Rates 31 World News 10,11 Commodftes 30 Money Market 29 World Stock Markets 28 Cryptic Crossword 31 Regional News 8, 9 Editorial 12 Reponal Stock Markets 27 For
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      6 1 Hock Lock Siew column, Pg 3
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        British minister to call on Dr Yeo Ning Hong
        67 2 ARCHIBALD HAMILTON, Minister of State for the Armed Forces at the British Defence Ministry, will arrive in Singapore today en route to the Five Powers Defence Arrangement exercise in Kota Bahru, Kelantan. While here, Mr Hamilton, who has just been to
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      • Article
        CPI expected to take bashing
        59 2 THE SEPTEMBER and October Consumer Price Index will take a bashing following the price rises of various goods and services in the last few months, said the Consumers Association of Singapore. Voicing its concern over rising costs, Case pointed to the recent increases in the
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      • Article
        Fair share for taxi drivers
        51 2 TAXI DRIVERS should get their fair share of the wage increase in the transport industry, said Mr Lew Syn Pau, general manager of NTUC Comfort, explaining why the latest round of cab fare increases took into consideration the $67 shortfall from the last taxi fare
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      • Article
        Youth council logo unveiled
        66 2 THE ACTING Health Minister, Mr Yeo Cheow Tong, yesterday unveiled the logo of the National Youth Council and presented the National Youth Service awards at the Ministry of Community Development yesterday. The council, formed a year ago on the recommendation of the Advisory Council on Youth,
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      • Article
        Country club for reservists
        67 2 A $200 MILLION country club is to be set up for Safra reservists in about three years, says Dr Yeo Ning Hong, Second Minister for Defence (Policy). Speaking to reporters after a Safra Board of Governors meeting yesterday, Dr Yeo said the club, to be located
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    • Article
      Marissco expects $10m sales from Tokyo tie-up
      171 2 SEAFOOD PROCESSOR Marissco is expecting its Japanese joint venture to yield sales of $10 million a year when it is in full swing. Marissco, itself a Singa-pore-Soviet joint venture, recently tied up with Nichirei, Japan's largest refrigeration Warehousing and frozen foods company, to
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    • Article, Illustration
      Myanmar trade seminar gets off to good start
      356 2  -  Burmese team here to promote, trade and investment By Schutz Lee LOCAL BUSINESSMEN showed their keen interest in Myanmar yesterday with a larger-than-expected turnout at the first day of a two-day seminar to promote trade and investment with Myanmar. A total of
      356 words
    • Article
      New Sisir scheme soon to help companies in R & D
      236 2 New Sisir scheme soon to help companies in R D A NEW SCHEME to encourage companies to expand their research and development, as well as product development activities, will be launched soon by the Singapore Institute of Standards and Industrial Research (Sisir). Details of the plan were announced by Trade
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    • Article
      Three more oil companies raise pump prices
      236 2 THREE MORE oil majors Shell, Caltex and Mobil have followed hot on the heels of British Petroleum (BP), raising their pump prices to identical levels. From last night, Shell and Mobil were both charging 154.2 cents per litre for premium petrol, up 13.4
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    • Article
      Lubrizol officially opens $10m, plant in Jurong
      235 2 LUBRIZOL Southeast Asia, a supplier of specialty chemicals for lubricants and fuels, yesterday officially opened its $10 million dispersant manufacturing plant. This investment will enable the company to make most of its dispersant additives locally. These additives are the building blocks of various
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      46 2 strict quality control and selection of materials are fundamental principles in the design and construction of the Renault 25. Leather 9R& v |w w M i^'^^if #l sfgSkfi iM P^M^fcgl^—^lyl^icgagM reon "I SHOWROOM: 24 LENG KEE ROAD SINGAPORE 0315. TEL: *****11 FAX: *****77 TELEX: ***** EXAUTO
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Malaysian stockbroker to pay UIC M$224m for D & C stake
      454 3  - Malaysian stockbroker to pay UIC M$224m for D C stake By William Chia MALAYSIAN stockbroking grpup Rashid Hussain Bhd will be paying United Industrial Corp M 5224 million in a week's time for the controlling 20 per cent stake in Development Commercial Bank. This was disclosed by RHB chairman when
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    • Article
      Two UK companies up stakes in local firms
      244 3 CAPITALISING on the depressed market conditions and lower share prices, two British-based investment trjist companies have raised their stakes in locally-listed oompanies. 2 In a statement to the Stock Exchange of Singapore yesterday, Parkway Holdings said British investment trust group Govett Oriental
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    • Article
      Wellan raises stake in Sunshine to 50.3pc
      134 3 WELLAN Investments, a subsidiary of London-based Grand Central Investment Holdings, has raised its total shareholdings in Sunshine Allied Investments to 5.214 million shares or SO J per cent. Accordingly, its takeover offer of the locally-listed chocolate manufacturer has now become substantial. As of
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    • Article
      Kay Hian JC issue — little sympathy
      533 3  - Kay Hian JC issue little sympathy THE HOCK LOCK SIEW COLUMN Worst-received issue in S'pore's history due to bad timing and overpricing By Magdalene Ng OF ALL THE companies offering shares in a public offer, surely a stockbroker would know the market better. After all, the stockbroking business is about
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    • Article
      Hong Leong Group arm ups stake in UE
      369 3  -  By Conrad Raj THE Malaysian arm of the diversified Hong Leong group has raised its stake in Singapore's United Engineers by another 300,000 shares. Hong Leong Co (Malaysia) Bhd, controlled by Quek Leng Chan, announced yesterday that it was deemed to be
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    • Article
      Lock icon Faber Merlin cuts loss
      262 3 MBT FABER MERLIN Malaysia (FMM) has posted a lower group pre-tax loss of M$ 15.57 million for the year ended June 30, 1990, against a loss of M 544.16 million previously. Turnover rose 16 per cent to M 557.42 million but contribution from investment and other
      MBT  -  262 words
    • COMPANY BRIEFS
      • Article
        Foreign shareholding in OUB touching 25pc
        75 3 OVERSEAS UNION BANK (OUB) has announced that its foreign shareholding was 24.76 per cent of the issued capital as at Monday. This percentage includes 8.24 million shares that could be issued to holders of 8.24 million warrants which are beneficially owned or controlled by
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      • Article
        Rediffusion to take up stake
        65 3 REDIFFUSION Management Services Sdn Bhd said yester; day it has agreed to acquire a *51 per cent equity in newly-launched Video Headquarters (M) Sdn Bhd fronS Yarra Films (S) Pte Ltd for an undisclosed sum. T6s acquisition of the independent video post-production house would open
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      • Article
        M Mosaics gets nod for rights
        66 3 MALAYSIAN MOSAICS (MMB) has announced the approval by the Malaysian Capital Issues Committee of its proposed one-for-one rights issue of 136 million new shares at Msl each at an issue price of MS 1.50 per share. Tfee company also announced its plans to take
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      • Article
        MCB confident of turnaround
        72 3 MCB HOLDINGS Bhd, which suffered a pre-tax loss of MS 1.77 million for the year ended March 31, 1990, will make a turnaround in the current financial year, executive director Stanley C K Tan said yesterday. "We will definitely make a profit this year," he told
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      • Article
        AcidChem to keep upgrading
        66 3 ACIDCHEM (M) Bhd, Malaysia's largest oleochemical pfty ducer, will continue to upgrade its facilities to produoe higher value-added products for the international market, its chairman Robert Chan said yesterday. He told newsmfcn after the balloting of two portions of its public issue of 10.S million shares
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      • Article
        Alcorn raises output capacity
        51 3 ALUMINIUM COMPANY of Malaysia Berhad has increased its production capacity for extruded aluminium products at its factory in Petaling Jaya to meet the buoyant demand. It said an additional extrusion press had commenced operations and would boost the company's extruded aluminium production capacity by 70 per
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      Page 3 Advertisements Column 1
      168 3 ■BWPPi. Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East: Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Singapore, Tokyo, Kuala Lumpur, operations. What distinguishes us most extensive branch network. Head Office: DG BANK, Am Platz from other banks is that
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Jakarta toughens stock trading rules
      326 4 New regulations, effective from Oct 22, will bar short-sells and ensure speedier settlements AFP THE JAKARTA Stock Exchange (JSE) has toughened 1 its trading rules in a move to weed out speculation and bring order into the market, brokers said yesterday. The government-owned Capital Market
      AFP  -  326 words
    • Article
      Indonesian brokers face bankruptcy
      282 4 AT LEAST 10 brokerage companies are facing bankruptcy due to sluggish trading activities on the Jakarta Stock Exchange. The Indonesian business daily, Bisnis Indonesia reported earlier this week that many brokerage companies had suffered financial difficulties due to lack of orders and huge losses incurred in
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    • Article
      Lock icon Motorola settles dispute over chip patents
      344 4 NYT MOTOROLA INC and Hitachi Ltd said on Monday that they had reached a settlement in their dispute over chip patents. While terms of the settlement were not disclosed, it will remove the threat that Motorola might have to halt shipments of its *****
      NYT  -  344 words
    • COMPANY BRIEFS
      • Article
        Jail and fine for former NTT chairman
        96 4 A TOKYO district court on Tuesday handed down a twoyear jail sentence, suspended for three years, to the former chairman of Japanese telecommunications giant Nippon Telegraph and Telephone Corp for his involvement in the Recruit shares-for-favours scandal. Hisashi Shinto was also fined 22.7
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      • Article
        Worry about Adsteam group
        90 4 THE Australian Stock Exchange said it is concerned about the level of disclosure by companies within the Adelaide Steamship Co Ltd. The exchange denied a Sydney newspaper report that it had been investigating companies in the Adsteam group. Adsteam shares, under pressure in recent months after
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      • Article
        Joyce shares lowest subscribed
        109 4 JOYCE Boutique Holdings has narrowly succeeded in floating its business with applications for shares in the upmarket fashion retailer just 1.15 times oversubscribed. The flotation of 25 per cent of Mrs Joyce Ma's upmarket fashion business, at HKSI.2O per share, received applications for oniy 67.01 million
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      • Article
        PT Asahimas to double output
        86 4 PT ASAHIMAS Flat Glass of Indonesia, 49-per cent owned by Japan's Asahi Glass Co Ltd, will spend about US$lOO million by 1992 to double production of flat glass, an Asahi Glass spokesman said. The Jakarta-based unit plans to boost annual production to 600 million feet
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      239 4 GOOD IDEAS KEEP GOMINfG UP Our Rotating Cassette can turn up big copier savings. Ixzzj, J TZ3Sr We know how frustrating copying Non-stop copying for huge volumes. 50% to when you're changing the If the Rotating Cassette is loaded with 1 original from a horizontal to a vertical the same
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        AEG chief asked to head German railway
        89 5 ThE CHAIRMAN of the board of German electrical engineering firm AEG, Heinz Duerr, has been approached to take Qver as president of the German railway company Deutsche Bundesbahn, officials said in Bonn on Monday. Mr Duerr, 57, is expected to be elected to
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      • Article
        Philips working on DCC
        89 5 NV PHILIPS Gloeilampenfabrieken said it was developing a digital compact cassette (DCC) system together with several companies from the music and hardware industries. Philips said the system was based on a new coding technique, which in combination with existing compact cassette technology and standard tape would
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      • Article
        UK's RMC in German venture
        133 5 UK CONCRETE and cement firm RMC Group pic said it has entered into a joint venture with three German firms to establish a building materials operation in eastern Germany. RMC, which will have a 50 per cent stake in the joint 'venture, anticipates its share
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      • Article
        Babcock revamps energy unit
        89 5 GERMAN engineering group Deutsche Babcock AG said it was restructuring its energy and environmental protection sectors. Babcock also said it was taking over Ashland Oil Inc unit Ritey Consolidated, effective Oct 1, for an undisclosed sum. Babcock, which last month announced it expected a group loss
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      • Article
        Thai Cabinet concludes deal
        90 5 -THE Thai Cabinet has reached agreement on a major telecommunications project, one of the central issues dividing it over months of in-fighting. Deputy government spokesman Pornthep Taechapaibul said yesterday the Cabinet had forjnally agreed to the proposal by a consortium led by British .Telecommunications pic and
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    • Article
      Lock icon Trump out, Kluge still top of Forbes' rich list
      498 5 Reuter FLAMBOYANT real estate magnate Donald Trump has been dropped from Forbes magazine's list of the 400 wealthiest Americans, but a German-born media mogul has kept his title as the United States' richest man. In releasing its annual list of the
      Reuter  -  498 words
    • Article, Illustration
      Top 10 richest men in US
      139 5 HERE are the top 10 names in Forbes magazine's 1990 list of the 400 richest Americans in descending order of wealth, showing estimated fortune in millions of US dollars, residence, source of wealth and age.: John Werner Kluge, 5,600, Charlottesville, Virginia, Metromedia, 76. Warren
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    • Article
      Lock icon UAL board may reject new buyout bid
      277 5 Reuter. UAL CORPs board of directors was expected to reject a reduced employee buyout offer yesterday, leaving open the possibility of a proxy fight or strikes by disenchanted labour unions, analysts in Chicago said. A US$3OO per share employee bid crumbled last October,
      Reuter.  -  277 words
    • Article
      Lock icon Benetton out to capture Soviet market
      191 5 Reuter THE Benetton clothes dynasty set out on Monday to conquer a Soviet market of 250 million people, saying the Soviet Union was like post-war Italy where the family rose from rags to riches. Luciano Benetton, who started business in 19SS cycling around Venetian
      Reuter  -  191 words
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      234 5 ..--A v i raSgPlßaKre 3 a-' >' Jy r 1 1 Kg' ,J, mP" Jll -9P IgSHHi FURTHER EVIDENCE OF OUR ENGINEERS' ACUTE SENSE OF HEARING f| -trr They listen closely to the comments of Jaguar drivers. A new engine management system which cuts throttle Ail the while. new computerised,
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      337 6 i > -V -y <w <M| ~m>fe jB\j\Jl j In n I «a *NjjKr I "j^H ~,*y. ,j-g V np «■—> 1 top) j 2gr2^^rj^^fc t T™"" may we suggest on| that would get it out. !l I Introducing the new Seikosha BP-5780. Your heavy-duty, super-fast, compact, business printer. !j
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Lloyds Bank's provisions to stay high: chairman
      583 7 Reuter LLOYDS BANK pic chairman Sir Jeremy Morse said domestic bad debt provisions were likely to remain high until 1993 despite last week's one per cent cut in UK interest rates. "It is prudent to work on the basis that lower rates won't
      Reuter  -  583 words
    • Article
      NMB-Post Bank to set up Thai office
      380 7 THE Dutch financial sector is moving into Thailand with the establishment of a representative office. The Nation reported over the weekend that NMB-Post Bank is re-establishing a Dutch presence in Thailand 25 years after Nederlandse Handelsbank, the only Dutch bank to have operated
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    • Article
      Lock icon Midland denies receiving Polly Peck loan order
      297 7 Reuter MIDLAND BANK pic, at the centre of a controversy over a US$l3 million Polly Peck Del Monte loan payment, said it had never been instructed to transfer the money to Credit Suisse First Boston (CSFB). Press reports allege Midland was told by
      Reuter  -  297 words
    • SMALL CHANGE
      • Article
        Shearson takes top spot in research firm poll
        97 7 INSTITUTIONAL INVESTOR magazine said American Express Co's Shearson Lehman Bros came in first in its 1990 All-America Research Team, a widely followed survey of research firms. Shearson toppled Merrill Lynch, which had a virtual lock on first place over the past several
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      • Article
        Swiss Bank confident of growth
        96 7 SWISS BANK Corp president Walter G Frehner said he is confident the bank will be able to produce satisfactory results in 1990 even under present difficult circumstances. Mr Frehner, in Tokyo to commemorate the 25th anniversary of the bank's Japanese operations, told a news conference
        96 words
      • Article
        New NZ settlement institution
        81 7 AUCKLAND-BASED Bankers Trust New Zealand Ltd, a wholly-owned subsidiary of Bankers Trust New York Corp has become a settlement institution, the Reserve Bank of New Zraland said in Wellington on Monday. A settlement institution is authorised to have a settlement account with the Reserve Bank, which
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      • Article
        BCE purchase accord finalised
        90 7 FRENCH BANK Credit Lyonnais and Spain's Banco Santander have concluded a previously announced accord for Credit Lyonnais to buy Banco Comercial Espagnol (BCE), 83 per cent-owned by Banco Santander. BCE is valued at 50 million pesetas, of which Banco Santander will receive 41.5 million pesetas, Credit
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  • Page 7 Miscellaneous
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  • THE REGION 1
    • Article, Illustration
      Lock icon Pressure to end Hanoi trade embargo
      409 8 Pro-trade lobby in US gathers strength NYT AS United States diplomatic relations with Vietnam begin to thaw, the Bush administration is under increasing pressure to end the 15-year-old trade embargo that excludes US business from the country that many economists and business executives say
      NYT  -  409 words
    • Article
      Vietnam needs foreign aid, says World Bank
      376 8 IN THE next few years, Vietnam will need modest foreign assistance from Western countries to overcome its current economic difficulties, according to a World Bank report. According to The Nation newspaper, the report 'Vietnam: Stabilisation and Structural Reforms' says the outside aid is
      376 words
    • Article
      Lock icon Bangkok to relax rules for oil refinery builders
      236 8 Reuter THAILAND is to relax its conditions for foreign companies wanting to build new oil refineries in the country, a Cabinet minister said. Korn Dabaransi, a minister of the Prime Minister's Office, said foreign oil companies are wekxxne to apply to operate
      Reuter  -  236 words
    • Article
      Laos set for steady economic growth of 5pc
      241 8 ALMOST undisturbed by the tremendous changes tiVigg place around the world, Lies will enjoy a steady eoonoQfc growth averaging five jar ofnt annually with sliding to only between .10 and 20 per cent between Mw and the end of next year. The
      241 words
    • Article
      Lock icon West urged to release oil stocks
      205 8 AFP INDONESIA has urged Western governments to release their oil stocks and help ease pressures on oil markets strained by limited supply due to the Gulf crisis. Commercial stocks in Western industrialised countries had carried the brunt of the burden recently and this had
      AFP  -  205 words
    • Article
      HK housing authority in trouble
      323 9 HK$ 1.2b needed to plug shortfall THE Housing Authority of Hongkong will be forced for the first time in its 17-year history to borrow up to HK$l.2 billion from the private sector, after the government refused additional funds to tide it over its cash Row
      323 words
    • Article, Illustration
      Lock icon More migrants are leaving Australia
      351 9 AFP AS THE economic downturn deepens, thousands of disillusioned migrants are quitting Australia and returning home in the largest exodus for 15 years, statistics show. Vietnam, China, the Soviet Union and its troubled former satellites such as Romania were among the fcw countries from which
      AFP  -  351 words
    • Article
      Lock icon NZ inflation forecast to slow to a low of 2 to 3pc
      279 9 Reuter NEW ZEALAND'S annual inflation rate will settle at two to three per cent between 1991 and 1995, providing no reason to tighten monetary policy, the New Zealand Institute of Economic Research said in its latest predictions. "The
      Reuter  -  279 words
    • NOTE BOOK
      • Article
        Hanoi plans economic zone
        146 9 VIETNAM plans to open its first special economic zone near Ho Chi Minh City in a bid to attract more foreign investment, press reports said in Hanoi on Tuesday. The zone, to specialise in processing and exports, will be set up on a 50 hectare site
        146 words
      • Article
        Call for ceasefire in Cambodia
        106 9 BRITISH charity Oxfam said on Monday more than 100,000 people were forced from their homes by new clashes in Cambodia and fighting may intensify failing a diplomatic breakthrough by December when the dry season starts. Oxfam, reporting on a recent visit to Cambodia by two
        106 words
      • Article
        Thai premier to visit UK
        134 9 THAI Prime Minister Chatichai Choonhavan will discuss ways of increasing trade with Britain and Switzerland on visits to the two countries next week, the government spokesman said in Bangkok on Monday. During his visit to Britain from Oct 16 to 19 for talks with Prime
        134 words
      • Article
        Inflation up in Malaysia
        132 9 THE average consumer price index for Malaysia rose 2.3 per cent to 136.2 in the first eight months of this year compared with the same period last year, the Statistics Department «aid yesterday. Except for gross rent, fuel and power which declined by 0.1 per cent
        132 words
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      182 8 Now you can dine on classic cuisines, indulge your taste for the classics, and enjoy classic hospitality under our new name. It's business as usual at ANA HOTEL SINGAPORE, formerly notice a new bar in the Fountain Lounge. And, of course, our Centuiy Park Sheraton, on Nassim Hill. We're still
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      Page 9 Advertisements Column 1
      233 9 HI couldn't believe it. The tuatch I'd spent the last two weeks dreaming of wouldn't be mine after all. "It's reserved, I'm afraid," the salesman at Sincere Watch had explained, "and becausean exclusive model,- and the last piece, we u j on't be able acquire another till the next shipment
      233 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Soviet economist calls for reforms to avert collapse
      415 10 Reuter SOVIET ECONOMIST Stanislav Shatalin, chief architect of the Soviet Union's 500-day economic reform plan, has said that failure to adopt such a radical proposal will wreak havoc on the country and economy. Speaking in New York on Monday, he said that
      Reuter  -  415 words
    • Article
      Lock icon Soviet bourse could start next year: NYSE chief
      317 10 AP TRADING on a Soviet stock exchange could start next year, but foreigners will probably remain on the sidelines until the ruble is convertible, says the chairman of the New York Stock Exchange. "I think it's a real possibility. It's not going
      AP  -  317 words
    • Article
      Lock icon US states look to better export ties with Japan
      284 10 Reuter AMERICAN STATES, long in fierce competition to lure job-creating Japanese investment, now emphasise stronger export ties with Japan. State officials in Tokyo say the shift is the result of changing economic realities as Japan's appetite for imports grows and Japanese
      Reuter  -  284 words
    • WORLD WATCH
      • Article
        Japanese economy seen growing 4.8pc
        111 10 JAPAN'S gross national product (GNP) is expected to grow 4.8 per cent in real terms in fiscal 1990, ending in March, a leading economic research institute said in Tokyo on Monday. The expansion is possible in light of active capital investment by companies and brisk
        111 words
      • Article
        Opec output for September
        98 10 OPEC produced 22.49 million barrels of crude oil per day (mbd) in September, the Middle East Economic Survey (MEES) estimated in a report issued in Nicosia on Monday. MEES said the figure was "exactly in line" with the quota ceiling of 22.491 mbd that the Organisation
        98 words
      • Article
        ERM: Portugal in no hurry
        91 10 BANK OF PORTUGAL governor Jose Tavares Moreira said on Monday that Portugal would not be rushed into the exchange rate mechanism of the European Monetary System despite Britain's entry. There had been speculation in the market last Friday following the announcement of the British move
        91 words
    • Article
      Lock icon Premier Li: China wants high-tech investments
      313 11 Reuter CHINA has foreign investors pounding on its door and it does not want investment from Taiwan's "sunset industry", Premier Li Peng was quoted on Tuesday as saying. The official People's Daily quoted the hardline premier as saying in a lengthy article on economic
      Reuter  -  313 words
    • Article, Illustration
      Lock icon Japanese firms attack US chip pact call
      648 11 Americans accused of failure to meet demand Reuter JAPAN's major computer companies, under pressure from the US to boost imports of semiconductors, are lashing out at recent US industry calls for a new chip pact, calling them futile and unjustified. "The pact itself
      Reuter  -  648 words
    • Article, Illustration
      Lock icon Yamani expects post-crisis price at US$15-US$18
      426 11 The Gulf Crisis Reuter FORMER Saudi Arabian oil minister Sheikh Ahmed Zaki Yamani has said that a reasonable price for oil once the Gulf crisis was settled would be US$l5 to US$lB a barrel half of today's price. "Probably a price of USSIS might
      Reuter  -  426 words
    • Article
      Lock icon Iraqi minister calls for international conference
      331 11 AFP IRAQI Foreign Minister Tariq Aziz has reiterated a call for an international conference on the Middle East and has said all Westerners will t be able to leave Iraq and KuI wait if US President George 7 Bush pledges not to wage war
      AFP  -  331 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      119 10 j The Sportivo 02 Designer Ferdinand A. Porsche Manufactured by IWC Schaffhausen Case in stainless steel or stainless steel with 18 carat gold bezel Water-resistant to 60 meters With and without chronograph I PORSCHE DESIGN |^|§||iJ|||||| SINGAPORE Boutique Corners: Galeries Lafayette, I seta n Orchard, Metro Grand, Metro Marina, Studio
      119 words
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      Page 10 Advertisements Column 2
      35 10 inqaporo q-)BiisinessjAwanJs Business Times a r Businessman of the Year Award Enterprise Award Outstanding Manager Award Have you sent in your nominations yet? Closing Date: October 20.1990 Cel Kay Lew on 34+8955 for more details.
      35 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      288 11 The Price Of Our Epson PC-AX 2 Has Now Come Down... Wm i B ...Which Means That Everyone Can Move Up To Epson Quality. I. c V a and a 40MB HDD. Plus a high-resolution VGA The quality an Epson product r Colour Monitor with adapter. In addition, you varies
      288 words
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  • Article
    Stability is the ultimate stake
    504 12 EDITORIAL THE announcement of the date of the Malaysian general elections has been a long time coming. Political observers have been predicting a snap general election for more than a year now, ever since the euphoria over Malaysia's successful hosting of the SEA Games and
    504 words
  • WHAT THE OTHERS SAY
    • Article
      A colossus is needed
      207 12 AFTER MUCH debate, there is now consensus on the objective of the proposed Elected Presidency. The time has come to get on with the task in hand which is how best to make the protection mechanism as perfect and as widely acceptable as possible. This is
      207 words
    • Article
      Election fever time
      141 12 THE GENERAL election fever is gripping Malaysia. Many observers expect the ruling National Front led by Dr Mahathir Mohamad to secure a landslide victory on Oct 20 and 21. Umno is now fairly stable, after experiencing a severe leadership jolt that led to some key players leaving
      141 words
    • Article
      Malay/Muslim issues
      131 12 THE Malay/Muslim professionals convention tackled political, economic, educational, religious and socio-cultural issues over the weekend. As outsiders, we are not in a position to pass judgement on the seriousness of these issues to the Malay community. Nevertheless, we feel that placing too much stress on political and leadership
      131 words
  • REGIONAL VIEWPOINTS
    • Article
      Cost of industralisation
      146 12 POLITICAL MOTIVES aside, former army com-mander-in-chief General Chavalit Yongchaiyudh made a valid point in a speech to a group of Japanese businessmen recently when he said that, despite the high growth rate achieved by past and present governments 16 million Thai people still live below the poverty
      146 words
    • Article
      Talking too loudly
      147 12 PRIME MINISTER General Chatichai Choonhavan contends that there is "no problem" in holding his Chat Thai Party or the government coalition of seven parties together. Though most people feel his administration is badly divided by serious conflicts of interests, the premier would like us to believe the
      147 words
    • Article
      How to win
      183 12 ANYONE STILL doubting the value of sporting success to political leaders needs no better proof than China's reaction to its team winning nearly two-thirds of the 310 gold medals at the Asian Games, which closed in Beijing on Sunday. No chance has been missed to exploit the
      183 words
  • Article, Illustration
    Lock icon Banking reform in the air
    909 12  -  Peter Riddell and Nikki Tait report on moves to shatter Glass-Steagall Peter Riddell,Nikki Tait FT THE US banking industry faces the most far-reaching changes for more than 50 years. The wall between commercial and investment banking erected by the Glass-Steagall Act of 1933 has been
    FT  -  909 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY BY GARRY TRUDEAU wh&ss ujhoai hold rvsjusr i want a tern: earn Mm aplzasupb! tvgal- is a New pic- th& phongi exploit- a tech- zo-focrr OUPCUENT, JWAM MATS APMIPSP YOUR... THAT WPS OF HIM NOW,THAT'S ABL&T mcAL BLOHHJP MK.ANPREWS! MJGmBJM fWDUOS 1 RIGHT* INHISPESm &PUXTABIS'. I mgtf BMNP f
      54 words
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  • ANALYSIS
    • Article, Illustration
      Enjoying mutually reinforcing growth
      1990 13 Excerpts of the Speech by Dr Richard Hu, Minister for Finance, at the SES/Simex seminar in Tokyo on 'Challenges/ Opportunities in the Singapore financial markets' AS we stand at the beginning of the *****, it is appropriate to review the changes that have taken place in
      1,990 words
    • Article, Illustration
      Going out on a limb
      1246 13  -  Will Penang see the DAP's Lim Kit Siang do battle with the Gerakan's Lim Chong Eu? David Chew reports David Chew IN the coming general election on Oct 2(X21, Malaysia's three Chinese-based parties the Malaysian Chinese Association, the Gerakan and the Democratic Action Party are
      1,246 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      43 13 IP P (sfe I f (fjarvusel 52n Popular favourites like My J Singapore Laksa. Popiah. Chai Tow Kway and many I deSv it th h J ~~^j I BOULEVARD 3 HOTEL 2 SKWCWt "W. TH* GooMM OM O 200 ochart3 Bouwvaro Mow &ng*w»loß«T#737»ll
      43 words
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  • THE LAW PAGE
    • Article, Illustration
      The pitfalls of a paperless pit
      816 14  -  The Singapore stock market will eventually be totally scripless. Efficient as this paperless trading may be, it nas its legal problems, says David Gabnel David Gabriel THE Central Depository System (CDP) has drawn criticism from some lawyers. They have been concerned about the effects
      816 words
    • Article
      Beware: price-sensitive information
      713 14 United Insulation Services' insider-trading case UNITED Insulation Services Pte Ltd (UIS), the investment arm of the Wah-Chang Group, recently pleaded guilty to a charge of insider trading at the District Court. The company was fined $45,000, apart from paying SO,OOO in prosecution costs and giving up the
      713 words
    • Article
      Does bank have right to sell customers' shares?
      347 14 CASE PIC Property Ltd v Sing Eng (Pte) Ltd. Court of Appeal of Singapore. Justice Wee Chong Jin, Chief Justice, Justices Lai Kew Chai LP Thean A BANK which lent money to two persons, taking as collateral shares in a private limited
      347 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      26 14 y^ MMml *a?al^^^^MßMg Hi SS^^K z &A\^lm:9byu£iußH^^^^^^B^^Bfi£j! i y~y 1 1 j A^oto^C^ <**>&/ <&^\ FOR LUNCH OR RESERVATIONS CALL 7)0 77» HWIIttGWC* 10-12 SCOTTS ROAP. 2«l> TELEFAX
      26 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      352 15 f Canon •moraMSoiMta'IMHAKMGMU KUW jJ A j* i J i --M "^fSi > 4 b \ia£— r~ 1 JL ft A i 1 .i# -a^V. 11 w i ■> t %i WORKAHOLICS,/ v v V > if li if »%T fit -i *J r :l'M Mr V jli J |M'
      352 words
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  • FOCUS
    • Article
      Lock icon Looking back on takeovers, one year after Campeau
      947 16  -  The US junk bond market collapsed last year when Campeau revealed its debt problem. But a year later, corporate finance in the US is not in chaos. Joyce M Rosenberg reports Joyce M Rosenberg AP IT WAS a stunning disclosure from Campeau
      AP  -  947 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      319 16 AFTER 28 NIGHTS ON BUSINESS... YOU'LL NEED ONE NIGHT OF PLEASURE.. .FREE. EXECUTIVE Introducing a most rewarding discount M scheme that gives our business guests a break, not just on business, but for leisure too. Holiday -ttpMag Inn s Executive 28. MALAYSIA Stay with us on business in any of
      319 words
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      Page 16 Advertisements Column 2
      485 16 BUSINE S S T I M E TELEPHONE: 730-5937/ 5 9 0 2 5 9 4 2 FAX: 734- 4 9 8 2 IfnlUbi yliij Standard Chartered Bank. |gaM§ Choice Banking Careers That Set The Standard. Standard Chartered Bank is an Candidates currently earning less than corporate finance and strategy
      485 words
  • Page 16 Miscellaneous
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  • SPORTS 1
    • Article, Illustration
      Lock icon Krickstein out of Seiko event
      281 17 AFP DEFENDING CHAMPION Aaron Krickstein of the US became the first seed to be ousted from the US$l million Seiko Super men's tennis event in Tokyo yesterday. The fifth-seeded American, ranked 13th in the world, could do nothing against compatriot Scott Davis before losing his
      AFP  -  281 words
    • Article, Illustration
      Lock icon Rafferty agrees to play for Ireland in Dunhill Cup
      239 17 AFP RONAN RAFFERTY will play for Ireland in the Dunhill Cup which starts at St Andrews tomorrow. The 26-year-old Ulsterman said more than a week ago that he might pull out of the team because of his hectic end-of-season schedule but
      AFP  -  239 words
    • SIDE LINES
      • Article
        Berlin bids to host Olympics
        61 17 BERLIN, which last staged the Olympics in 1936, has set its sights on staging the games again in the year 2000. Berlin's deputy mayor, Tino Schwierzina, on Monday said his city was a top contender to hold the Olympics at the turn of the century
        61 words
      • Article
        Reds take lead in play-offs
        34 17 BILLY HATCHER and Mariano Duncan hit home runs in Pittsburgh on Monday as the Cincinnati Reds beat the Pittsburgh Pirates 6-3, taking a lead in the National League play-offs.
        34 words
      • Article
        'Leopard' to defend WBA title
        37 17 YUKIHITO "LEOPARD" TAMAKUMA of Japan will make his first defence of his World Boxing Association flyweight title against Venezuela's Jesus Rohas on Dec 6 in Japan, his manager said in Tokyo yesterday.
        37 words
      • Article
        EC probe nearing close
        54 17 THE EUROPEAN COMMISSION is ready to close an antitrust inquiry into agreements between 39 European broadcasters after they pledged to relax restrictions on the televising of sports events in the EC. It announced on Monday its intention to exempt the broadcasters from EC rules which outlaw
        54 words
    • Article
      Lock icon Payton eyeing new speed records
      239 17 Reuter WALTER PAYTON, one of the greatest runners in the history of American football, has set his sights on going even faster. "Le Mans, that's my goal," said the former Chicago Bears superstar in Tampa Bay, Florida, on Monday. "That's what I want to do.
      Reuter  -  239 words
    • Article, Illustration
      Is there hope for Singapore sport?
      697 19  -  Paul Ramani reviews the performance of Singapore's contingent at the 11th Asiad. Paul Ramani SO the 11th Asian Games in Beijing is finally over. China, as expected, obliterated its rivals to take the top spot with 183 gold medals, 107 silvers and 51 bronzes.
      697 words
    • Article, Illustration
      Pint-sized powerhouse owes all to Mum
      501 19 IN AN EVENT that spawned few heroes, swimmer Joscelin Yeo stands out for her commitment, drive and determination combined with a huge dose of skill. Like her compatriots Ang Peng Siong, Kenneth Yeo, David Lim and previous heroes such as Junie Sng, the Oon
      501 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      165 17 The best place for your company logo isn't always at the top of your stationery. I Only the UOB VISA Business Card lets you put your company logo on the card. That's just one of the reasons why more and more of Singapore's leading companies prefer it. Companies like IBM,
      165 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1072 18 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. your bus ess associscs^. I famvery interested in Caran D'Ache corporate gift ideas. Please send me more information. CARAN dACHE
      1,072 words
    • Advertisement
      Page 18 Advertisements Column 2
      251 18 g 100 Hand-knotted Persian, Village, All lots are guaranteed and backed by Spy gaßs a full trade in value at our showroom. Ka yH JpyTyßjT 1 i t i P ITK NOTICE OF i I RELOCATION i Effective 1 October 1990, 4. our new location is: p 1 Hori Enterprises
      251 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      102 19 I a^h?,. ii j^^BjwßßSarfgig^B^giMgr' H i fli»WßßWWter-^ra|pp^^^rai^p^:^J^!^^^^gaj|^^ wM'\ s *Tf; -V ■,—BBK v ntf wiHWBBItHW w TAJfipiCf HHB H wish M w££p I to thank Its members and I officially welcorrre tfrern. It's jfl going to be great times at a J 4^l Jtf J ft it w I II
      102 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      210 20 WHERE TO WINE. DIME AND ENTERTAIN WHERE TO WINE, DIME AND ENTERTAIN WHEBE TO WINE, DINE,... Some of our best advertising is by word-flf-mouth. M*i v- I For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****10 or 338 8585
      210 words
    • Advertisement
      Page 20 Advertisements Column 2
      385 20 WMT PLUM'S ********************1 l Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself The sandwiches are fresh and the beverages are hot. There's a host of Singapore -Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun offering.
      385 words
    • Advertisement
      Page 20 Advertisements Column 3
      271 20 Everything's fresh After a month's about ust^^:rv± better! on our "iiln" %kr variety of Cantonese-Thai menu, fine service and cosy ambience. Special to UQB credit B' yf cardmembers: FREE /jB/! bottle of Le Piat D'or Mi wine with charges of $150 and above* on f a la carte orders. *Nd
      271 words
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      Page 20 Advertisements Column 4
      404 20 1 $fou C4W expert !hH Xs M wtwst P. w\ Wf uy <x**~ Gm/w N&/, Bratwurst, Blutwurst, Weisswurst... I the Germans are the best at making I V J their wurst (sausages). You*ll be en- I joying just these few for we'd like I T -/hI you to leave room
      404 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      740 20 TELEVISION AND RADIO mnfrtt^rr<rfrrmrrr^ir^rnr^r!m^yjg^rm^rß m~m~m m ~m *m m#w* '*r*' 9.00 NwiMNlm. Cartoon. BUSINESS ON RADIO i^f rlvf I_*ll 1_ 1 SBCI2 3.35 SMll Sacrifices (Part '2). 0.00 News. w^.-: 1 n P 1/1 111 "M fl I Q r\C Four months thc shoot 6JO PeWta NatL BSC, 89.9 mHz
      740 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The famous and the superstitious
      958 21  -  If you have ever succumbed to the mysterious spell of a chain letter, don't be ashamed, you are in good company. Deirdre Fanning reports Deirdre Fanning NYT IDONT FLY on Friday the 13th; I don't walk under ladders; when my favourite baseball team, the Philadelphia
      NYT  -  958 words
    • Article
      Lock icon Quality French wine expected this year
      196 21 Reuter WINEMAKERS in France say this year's dry summer will produce a vintage that is either excellent or poor, but not in-between. The wine just now being poured into vats has the potential brilliance of 1989 but some may have been spoiled by the
      Reuter  -  196 words
    • Article, Illustration
      Artistic director of London's Old Vic quits
      605 21 CHATTERBOX JONATHAN MILLER, artistic director of the Old Vic Theatre in London since January 1988, resigned after David Mirvish, the Canadian owner of the theatre, announced on Saturday that the last two productions of the season would be scrapped. The plays, A Midsummer
      605 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      263 21 AND ENTERTAIN A Yen For Fresh Japanese Food. f.ill m 8 LUNCH: 12 NOON (31 TO 2.15PM. IKB S DINNER: 6.30PM TO iCTT S 10 IM>M i i I£2 3 PRICES SUBJECT I H TO 10% SERVICE CHARGE AND f I IbmJTiMh wi ITirMB 4% cess Unkai flies in fresh
      263 words
    • Advertisement
      Page 21 Advertisements Column 2
      104 21 Cafe Plaza Start 1 —31 OCTOBER Spanish Omelette. Seafood with the appealing spread of Thermidor. Lasagne and appetizers. Savour the Chocolate Mousse the range of marvellous main world comes to our table, dishes, leaving room forde- shouldn't you? lightful desserts. You'll have Make reservations on tasted a fair sampling of
      104 words
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      Page 21 Advertisements Column 3
      148 21 I SPECIAL ANNIVERSARY MENUS fl FOR OCTOBER 1990 H AT MARINA BAY M B $828 Menu for 10. I Free quart Martefl Cordon Bleu. KM (Only 5 tables nightly. Advance order* required.) jll j 111J $438 Menu for 10. i i 111! i Free quart bottle Chtvas Regal or Martell
      148 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices dip on lack of positive factors
      3527 22  -  By William Chia SHARE PRICES on the Singapore stock market closed weaker yesterday in the absence of positive market-moving factors. The Straits Times Industrials Index fell 4.73 points to 1,105.30 while the weighted all-sector Business TimesMorgan Grenfell Asia Index slipped 8.21 points to
      3,527 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3950 23 Main Board SIA 1010 +10 +1.0% OUE 515 +10 +2.0% NOL Pref 10* 500 +10 +2.0% Semb Shipyard 416 +6 +1.5% SPH Foreign 810 +5 +0.6% UOB Foreign 515 +5 +1.0% Sport Bus 500 452 4 +0.9% Keppei Fin 50* 156 4 2.6% FAN Wt
    3,950 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      108 24 nun Date Ymt Group Ntt N«t oareings Gro*s in to profit/loss (L) por sh*ro dlvWond (*008) <e«rts) M Banking Sep 29 Jun 90 M$172.134($80.584) 46.0(25.5) 25*i(18) 8MT Sep 28 Jun 90 $773($516) 254.2(169 6) 150(100) Tkt H Glass Sep 26 Mar 90 J7.379(J5.796) 15.4(12.2) 5(5) IdreHvd Sep 25
      108 words
    • Article
      PRELIMINARY RESULTS
      240 24 fiwunj tote Year 6r*a» pre-tax Net earnings Grass aaa ta praAt/lass (L) par ehara dividend ('000) (eaats) MS6 Oct 5 iun 90 M$6.505(112.681) 4 1(8 3) 10(12) Tasek Cement Oct 2 Jot 90 ««37,040(123.153) 15.4(10.9) 15.2(8) Sea View Sep 29 iun 90 $8.107($4,026) 23.8(11.5) 8(5) Sunshine ANwd Sep
      240 words
    • Article
      INTERIM RESULTS
      326 24 Cwp«T Date Italf-yw Group prt-tox mi to profit/Jos* (L) flvteMd COOO) Umphone Tel Oct 5 Jul 90 M$8,115 ($6,523) -<-> M Resources Oct 2 Jun 90 M$6,231L($7,645L) Innovest Bhd Sep 29 Jun 90 M$490($364) Menang Corp Sep 29 Jun 90 M$l,471l($154) ZmT Sep 28 Jun 90 16.195(13.1011) 5TE(->
      326 words
    • Article
      CORPORATE DEVELOPMENTS
      460 24 Oct I KB Corporation Bhd and New World Development Co Ltd ot Hongkong have entered into a shareholders agreement to participate jointly in Great Umon Properties Sdn Bhd Singatronks Ltd will be investing a total of about *2.5 m in a compact disc manufacturer, Eastgate Technology Pte Ltd.
      460 words
    • Article
      DIVIDENDS ANNOUNCED
      964 24 canaat Ex Ma Date Tataltar Tatei tar paywt tfate etoaa payaMa a* yaar Mjmt torn 5%TE(I) Oct 19 Oct 31 Nov 15 5*11 MSB 10*(b) Jan 4 Jan 18 Jai 28 10* 12* NOB 2.5* Sap 14 Sip 28 Oct 27 2.5* 2* MM 10* Sep 21 Oct
      964 words
    • Article
      RESULTS DUE
      236 24 SfappOT Stocks LaslFdiY«r C m*m taW Din 1m Rat EPS fraas M wpi 'row LmM Mvwi Mv 30 Dec 89 5351(h) Una Ni Manm <**11 Mv 91 4.0 11 3.471(0 MMa CIS Manm Ami 31 Dk 90 0 5 666 Fral Sep 19 Jon 90 119 9.0 1307
      236 words
    • Article
      BONDS, LOANS & WARRANTS
      633 24 BONDS, LOANS WARRANTS Capm C—wwiwpwtoi CwwnlwIwifcrwfiMnf^w act Mot 26/4/93 1 warrant pta 83.09 ca* Cum i— Cum rn 2/10m to 20/10/94 1 warrant pta |1 a* or 1 warraat pta }1 nommal amount of ban stock Ohm M* Bates Onlto m March 17 to 31/12/91 1.55 warrants pta 81-55 art
      633 words
    • Article
      APPROVED ISSUES
      381 24 Cwpflf Rights Issue MhM Oiygen One-tor one M$0.80 per rtfi Rights issue of $1.00 mmml amount of 5% Dtrtttmittf Unsecured Loan Stock 1990/1996 mQi one Transferable Subacnpton nghfe tor eeery No easing shares ML Ex-dale Aug 23 Books dose Sap 6 Acceptance I Papua* Oct 19 Mm Ml
      381 words
    • Article
      PROPOSED ISSUES
      505 24 Company Rights Issue Mean On* tor two fe MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MSO10 each at Mg per share wrth 10m detachable TS8 Bdtow On* tor tour MgM per share C—wiy kw Caprtal reduction scheme to reduce par value of shares
      505 words
    • Article
      COMPANY MEETINGS
      140 24 Overseas Uraon Bat Ltd: EGM at Board Room. 45th Storey OUB Centre. 1 Raffles Place. Sw«apore 0104 on Wednesday. Oct 10, at 11am. Berjuntai Ita Dridpt Bhtt 49th AGM at the PNB Theatrette. 2nd Floor, Menara PNB, 201 A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia on Friday,
      140 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      231 24 francesco smalto PARIS .WgM MM WE f mHHHH K M 9 HH| SI fl üBEIS ■I■ H 1 B B H Bfll fl w Hi H r I BR jdBESBBNH The Art of Self Expression The Francesco Smalto eyewear collection is exclusively designed to provide each individual the opportunity to
      231 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stock prices retreat on thin volume
      3594 25 Bernama SUBDUED SENTIMENT all day saw share prices on the Kuala Lumpur stock market drifting to an easier close in quiet trading yesterday. The KLSE Composite Index ended just 0.60 of a point up at 474.46 while the Industrial Index put on 0.73 of
      Bernama  -  3,594 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      160 25 ry~ Directors of Mitsui Co. Ltd., Japans largest Company and Jacobs Island Company pic, Londons most innovative developer have pleasure inviting you to H I A WORLD PREMIER I I EXHIBITION I I PANAM A <£ PACI FIC I I LONDON I I THE WALL STREET ROOM, PAN PACIFIC HOTEL,
      160 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower on profit-taking
      2206 26 Reuter TOKYO stocks closed lower yesterday as investors took profits on gains charted in airly morning and on Monday because of a stronger yen. Trade was relatively brisk during the morning session but dwindled ahead of a national holiday today. "The best part about the
      Reuter  -  2,206 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks finish weaker in listless trade
      2211 26 HONGKONG stocks closed weaker yesterday but off morning lows in quiet and directionless trade. With Tokyo and the US reacting primarily to the Gulf and Hongkong following their lead, it was becoming difficult for investors to make decisions, one broker said. "They'd rather stay
      2,211 words
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  • REGIONAL STOCK MARKETS
    • Australian stocks end slightly higher
      • Article
        AUSTRALIA
        951 27 THE AUSTRALIAN share market yesterday kept a tenuous grip on early gains to close moderately firmer after a downswing in the Tokyo market dampened local demand in leading industrial stocks. Brokers said the market hit its peak in the morning before drifting sideways for the rest of the day.
        951 words
      • Article
        BANGKOK
        703 27 THAI stocks closed mixed yesterday after moving within a narrow range as investors awaited domestic political developments, brokers said. The SET Index gained 2.10 points to dose at 682.19 on moderate trade focused on finance issues. Siam Cement lost 60 baht to end at 5,206, Bangkok Bank and Padaeng
        703 words
      • Article
        MANILA
        576 27 PHILIPPINE shares closed firmer on buying sustained by the recent surrender of a renegade colonel, but caution set in as some supporters of the brief revolt in the southern Philippines remained in hiding, brokers said. Investor attention also began to shift back to the market's weak fundamental s,they said.
        576 words
      • Article
        NEW ZEALAND
        306 27 LEADING New Zealand shares bounced off Monday's five-year lows in, light-to-moderate trade, but brokers were not reading too much into the modest rise as international uncertainties kept investors wary. "The big picture internationally still counts and that will continue to be reflected in the New Zealand market," said
        306 words
      • Article
        TAIPEI
        351 27 TAIWAN stocks closed sharply lower on news of the killing in Jerusalem of Palestinian protesters, after opening lower on profit-taking, dealers said. The weighted index fell 149.36 points, or 5.16 per cent, to finish at 2,746.25 compared with Monday's 2,895.61 close. Turnover rose to NT525.4 billion from NT522.2 billion.
        351 words
      • Article
        JAKARTA
        573 27 THE Jakarta index dropped 5.58 points to close at 441.77 despite new settle- ment rules which brokers say may ease trading when they come into force two t weeks from now. Brokers said the new rules were likely to wipe out short- selling that has depressed the prices of
        573 words
      • Article
        Untitled
        1069 27 Close Previous Oct 9 SYDNEY All Ordinaries Index 1,375.4 1,369.5 +5.9 All Industrials Index 2,052.3 2,037.9 +14.4 All Resources Index 848.5 848.8 +0.1 Turnover (million) 56.08 49.44 +6.64 BANGKOK SET Index 682.19 680.0 2.10 Turnover (million) NA 64.8 JAKARTA Composite Index 441.77 446.34 -5.58 Turnover (nearest *000) NA NA MANILA
        1,069 words
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  • WORLD STOCK MARKETS
    • Budget uncertainty clips early rally
      • Article, Illustration
        NEW YORK
        1415 28 WALL STREET stocks staged an early euphoric rally on Monday after the US House of Representatives passed a new budget plan, but uncertainty over the details of the proposal clipped most of the gain by day's end. Higher oil prices also dampened interest. Semi-holiday trading conditions, due to
        1,415 words
      • Article, Illustration
        LONDON
        874 28 THE UK's key FTSE 100 index was down 55.8 points, or 2.6 per cent, at 2,145.8 by 1228 GMT yesterday as an outbreak of selling hit the market. Sentiment was hurt by a statement by Iraqi President Saddam Hussein that the Israelis have no choice but to leave Arab
        874 words
      • Article
        AMSTERDAM
        248 28 DUTCH shares extended opening losses to trade at the day's lows in quiet midday activity. The grim reality of the Gulf crisis and the uncertain global economic outlook returned to haunt the bourse, chasing away Monday's optimism about the effects of sterling's entry into the exchange rate mechanism of
        248 words
      • Article
        MILAN
        159 28 AFTER having ignored Monday's stronger performance on other European bourses, the Milan exchange followed the lead of Paris and Frankfurt yesterday when they opened weaker. The MIB index was down 1.1 per cent at 1000 GMT with the underlying trend pointing to a loss of 0.8 per cent. "There
        159 words
      • Article
        ZURICH
        256 28 SWISS shares traded slightly lower in very thin volume after yesterday's recovery, dealers said. The SMI index of leading shares traded 3.4 points lower at 1,442.4 and the all-share SPI index edged down 2.1 points to 937.8. "There are neither many sellers nor many buyers", one said. Shares were
        256 words
      • Article
        PARIS
        273 28 FRENCH share prices drifted lower at midsession in line with other European markets, as yesterday's buying frenzy dried up with investors growing nervous again over the situation in the Gulf, dealers said. The CAC-40 index was 26.92 points or 1.70 per cent down at 1,559.24 at 1222 GMT. It
        273 words
      • Article
        Lock icon JOHANNESBURG
        339 28 Reuter JOHANNESBURG share prices showed hardly any movement yesterday morning in dull trading, with dealers expecting another slow day in the absence of any fresh factors and ahead of the Kruger Day holiday in Johannesburg today. Any potential gains were clamped by a firm financial rand, they said, noting
        Reuter  -  339 words
      • Article
        Untitled
        418 28 Oct 8 Cloac PmiM NEW YORK Dow Jones 2,523.76 2,510.64 +13.12 NYSE Financial 111.43 111.32 -4-0.11 SAP 500 313.48 311.50 +0.64 Turnover (million) 99.47 153.4 -53.93 LONDON Financial Times 30 1,705.7 1,644.3 -4-61.40 FTSE 100 2,201.6 2,143.9 +57.70 Turnover (million) 1,086.0 447.8 AMSTERDAM CBS General 172.90 168.00 +4.90 Stock Index
        418 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback falls to 18-month low against yen in Asian trading
      1289 29 FOREX MARKET REPORTS THE US DOLLAR remained weak during the European morning session yesterday but recovered slightly against the Japanese currency as stop losses were triggered around 130 yen. Dealers said overall business was quiet after an active Far Eastern
      1,289 words
    • Article
      INTERBANK FOREX RATES
      384 29 Cross rates 0*9 USS S$ MS Dm Yen SFr AS NZS USS 1.7295 2.6970 1.5280 129.40 0.5074 1.2790 1.1962 1.6103 SS 0.5782 1.5594 0.8835 0.7482 0.2934 0.7395 0.6916 0.9311 MS 0.3708 64.13 0.5666 0.4798 0.1881 0.4742 0.4435 0.5971 Dm 0.6545 1.1319 1.7651 84.69 0.3320 0.8370 0.7828 1.0539
      384 words
    • Article
      MONEY MARKET
      555 29 Interbank rates SS Bid Offer Overnight 6 1/4 6 3/8 1-month 6 1/2 6 5/8 2-month 6 1/2 6 5/8 3-month 6 1/2 6 5/8 Overnight mode: 6-5/8 Ugg Bid Otfcr 7 days 8 1/4 8 3/8 1 month 8 1/8 8 1/4 2 months 8 1/8 8
      555 words
    • Article
      FINANCIAL FUTURES
      1554 29 SIMEX niMMUJUl M Open High Low Sett Est Vol Opflnt Vol Dec 90 92.12 9116 9108 9109 ***** ***** ***** Mar 91 92.23 92.28 92.20 92.21 6884 9560 8584 Jun 91 92.15 92.18 92.10 92.10 532 2897 1451 Sep 91 91.92 91.93 91.89 91.88 90 740 500 11
      1,554 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Indonesia to boost soybean output
      299 30 Reuter INDONESIA'S President Suharto has announced incentives to boost soybean production in an effort to cut rapidly-growing imports. He said the government would from now on pay 500 rupiah per kilo of soybeans, up from 400 rupiah previously. He added that farmers could sell on
      Reuter  -  299 words
    • Article
      Lock icon M'sian dipped latex industry can be revitalised: researcher
      353 30 Bernama THE Malaysian dipped latex products industry should be able to emerge revitalised from the current market slump, according to a researcher with the Malaysian Rubber Producers Research Association. Malaysia had a number of advantages over other nations that would help it
      Bernama  -  353 words
    • Article
      HK gold closes off its high on late selling
      836 30 REPORTS LATE PROFIT-TAKING yesterday pulled gold to end off its day's high of U*****.40 after short-cover-ing had pushed prices up. Some dealers said slightly firmer crude oil prices sparked metal buying interest yesterday but others said a weaker US dollar triggered
      836 words
  • Article
    PRICES
    1334 30 Rubber 0*9 MS (lit In fcd—) S ccnts/kf Noon Close Int t RSS Prompt 155.2VI56.25N 155.00/156.00N Int I RSS Nov 90 155.00/155.50 I54.7VI55.25N Int I RSS Dec 154.50/155.00 154.00/154.50N Int 2 RSS OP I50 MV152.50N I50.00/I52.00N Int 3 RSS OP 146.00/148.00N I45.50/I47.50N Int 4 RSS OP I42.00/I4400N 14I.50/I43.50N Int
    1,334 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      299 30 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 COUNTVEST INVESTMENTS PTE LTD Members' Voluntary Liquidation At an Extraordinary General Meeting of the Company convened and held at 3301 Gloucester Tower, The Landmark. Hong Kong on 2nd October 1990 the following special resolution was duly passed: "That the Company
      299 words
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      Page 30 Advertisements Column 2
      40 30 READ C H A. R T P 0 1 N T i EVERY S A T U R D j A Y A IN *r* v >' B mm**^ u s I N E S S T I M E S
      40 words
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      Page 30 Advertisements Column 3
      9 30 Managers must manage. BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      631 31 c* FHjM ETA FKCM ETD MaKaM GA895 1225 MaMa QF7 2035 AMlHtfaM GA895 1225 Hrftrf GA524 1150 ■MteSart ***** 1105 BJ429 2030 ***** 2125 SN287 CX713 RA407 CI663 1405 1455 1730 2240 CX712 SN*****00 1910 JU58I 2250 TK570 1505 TK571 2340 lutin UA97 2350 UA90 0750
      631 words
    • Article, Illustration
      Crocodile Dundee country
      726 31  -  LETTER FROM AUSTRALIA By Rebecca Johnson FROM the paved road leading into Kakadu National Park, 120 km from Darwin, the capital of Australia's Northern Territory, the landscape is not remarkable. But as we neared the park, things began to change. What looked like a low-slung dachshund scurrying
      726 words
    • Article
      MONEY CHANGER RATES
      150 31 As at 3pm yesterday: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.4380 1.4580 Canadian dollar 1.4900 1.5100 NZ dollar 1.0620 1.1020 Sterling pound 3.4000 3.4200 US dollar 1.7260 1.7360 Local dollars to 100 nits of foreign currency Austrian schilling 13.90 16.90
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      264 31 Duration Title Venue Organiser Tel Oct 1-12 SilWOlt Business Vancouver, Singapore *****87 Development Montreal, Manufacturers' Minion to Canada Calgary A Toronto Association Oct 12-16 Tokyo Pack *90 Harumi, International PO Box 193 Tokyo Information Centre Japan Oct 14-18 Health Care Hoapital, Supplies A Medical Equipment Show Saudi
      264 words
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      Page 31 Advertisements Column 1
      196 31 IHe hu»inc»» pcrvm > .Hokc tun I iu>vl.n f Z' J I hur*Jj\.MturJj\ .liulsuniljx. I hanj;; I I I I I II I \irport .it 2-:3> hour* mil arriving at I otcr By |y I XV. J 1 1 S IVjrvn Ifiurnjtion.il Virpon :hi lolli'vunuili. (S) Al;i;i r 11 <»i
      196 words
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      Page 31 Advertisements Column 2
      47 31 EE FOR SALE BY TENDER KAHTONGAim/ JOO SENG ROAD Prime industrial develop- Quick access from ment site to be sold with main roads vacant possession Excellent infrastructure Site area 9,389.1 sq m Close to HDB estates (101.063 sq ft) for tender documents, please contact Sole MarXeUng Agent
      47 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      156 31 28 Never persevered? No, quite the opposite! (5,2,7) jgf** by European YESTERDAY'S SOLUTION 11 A fellow supporting EastDOWN ern country in property ne- [qInItIhIeIcIaIrIpIITtUMpI 2 Fertiliser can put up the gotiations (6,5) FMUMXMpp|RMYpBEMR| price (7) 14 The last V in children's 3 To some extent Spain curriculum (10) i caused
      156 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      210 31 Singapore Outlook: Showers over a few areas ia the afteraooa. Report Max temp. 33.1 assoc humidity 62% min temp. 26.8* c assoc humidity 91% hrs of sunshine 8.60 rainfall in mm Nil rainfall this mth 1.6 rainy days this mth 1 World forecast Asia-Padfic Hi/Lo* Cond. Auckland 16/10 Fair 8angk0k............
      210 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      19 31 &G\tfG «M A Vtn i£.riß*4lHG. U3TS OF SORPRISiNd Bp,S<eT intH€- 6UU.PAJSHCS PieouT sjgj TSPIHG VOOR.J EVOUMO STAHOAWO CO LTD
      19 words
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  • Article
    Lotus to set up first Asian factory in Singapore
    345 32  -  Plant to produce full range of software products By Claire Leow LEADING American computer firm Lotus Development Software, which has been hit by a piracy problem, is moving fast to raise its market share in the Asia-Pa-cific. It is setting up
    345 words
  • Article
    Lock icon Japanese welcome yen's rise
    234 32 NYT JAPANESE monetary and industry officials have welcomed the yen's sharp appreciation against the dollar, saying that it will minimise the negative effects of oil price rises on their economy. The yen closed 0.10 yen higher against the dollar to finish at 129.95 yen in Tokyo
    NYT  -  234 words
  • Article, Illustration
    Lock icon Muscovites discovering computers
    42 32 With the passing of the Cold War, what's hot in Moscow now is foreign technology transfer. Enthusiastic Muscovites are seen here trying their hand on computers at a foreign software exhibition in the Soviet capital. Reuter picture Reuter picture
    Reuter picture  -  42 words
  • Article
    Lock icon Cheney calls for lower US troop cuts
    365 32 The Gulf Crisis Agencies US DEFENCE Secretary Dick Cheney has asked Congress to roll back proposed US troop cuts over the next year to 80,000 because of the military build-up in Saudi Arabia. The cut from the 2.1million active-duty force is double Mr
    Agencies  -  365 words
  • Article
    Lock icon Bangkok approves plan to install 3m phone lines
    299 32 Reuter THE THAI CABINET yesterday reached agreement on an ambitious project that promises to end Thailand's misery of clogged phone lines. Deputy government spokesman Pornthep Taechapaibul said in Bangkok that the Cabinet had formally agreed to a proposal to install three million
    Reuter  -  299 words
  • Article
    S'poreans 2nd largest group of tourists to Sarawak
    229 32 MORE THAN 17,800 Singaporeans visited Sarawak last year a 20 per cent jump from the number in 1985, Prime Minister Lee Kuan Yew was told yesterday. Singaporeans formed the second largest group of tourists to the country after the neighbouring Bruneians, said
    229 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      53 32 _0L Baume Mercier GENEVE 1830 liL-*^"" l r /> J w"u» *>*^ /m>'*»m tmmfm J A •»»*"?v,ai. J "THE OPTIONS" "THE CHOICE" HOTELJmOENIX SINGAPORE OrikarJ Road Snmwf Ki>oJ. Singapore 0923. TcUphant *****66 Cahl, FEENIX, Trlr. FEE NIX R*****8. T eUfax *****24 A mrmhrr of tfw OCBC Group A "Hu*' Superior
      53 words
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      Page 32 Advertisements Column 2
      256 32 JIL Baume Mercier GENEVE 1830 Yamani expects post-crisis price at US$l5-US$lB, Pg 11 Iraqi minister calls for international conference, Pg II FOR LEASE ORCHARD PLAZA PRIME FRONTAGE SPACE Sizes ranging from 258 sf to 387 sf, facing Orchard —J Ro ad II Accessible directly from mstreet pedestrian mall J 'WMMA
      256 words
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  • Shipping Times
    • Article
      Lock icon Evergreen, Yangming defer shipbuilding plans
      401 33 Reuter TAIWAN'S privately-owned Evergreen Line and stateowned Yangming Marine Transport Corp have postponed plans to build 31 ships due to rising shipbuilding costs caused by the Gulf crisis, officials of the firms said. Evergreen, the world's largest full container operator, had plans to sign contracts
      Reuter  -  401 words
    • Article
      Shiprepairers expected to finance life extension programmes
      448 33  -  By Selva Kumar SHIPREPAIRERS may have to come up with their own schemes to finance life extension repairs on older tankers as banks become reluctant to risk too large an exposure on such financing. "The yards may not consider it their business to
      448 words
    • Article
      China begins work on Sanya airport
      240 33 CONSTRUCTION work has j begun on Sanya international airport on southern China's island of Hainan, a Shanghai newspaper said on Monday. The airport will allow for "reinforcing exchanges between the province and the outside world," the Wenhui Bao newspaper from Shanghai said. Hainan since
      240 words
    • Article
      Astra, NYK to develop box distribution centre in Jakarta
      178 33 PROMINENT Indonesian business group Astra will tie up with Japan's largest shipping firm Nippon Yusen Kaisha, to develop a container distribution centre in Jakarta. Executives of Nippon Yusen were quoted as saying in Tokyo by the Antara news agency that the
      178 words
    • Article
      Australian cabotage law vital to shipping
      524 33  -  From John Spiers in SYDNEY AUSTRALIAN shipowners and unions will not object to more foreign ships being allowed unrestricted operations on the Australian coast if they receive reciprocal rights, said Shipping Minister Bob Collins. "The trade unions and shipowners say to me, 'We will
      524 words
    • Article, Illustration
      Johor expects to double box capacity by 1991
      402 33  -  By K Vara JOHOR PORTs third phase of expansion to double its annual capacity to 300,000 containers by end-1991 will enable it to tap some of the 200,000 boxes that bypass it every year. Datuk Suleiman Mohamad Noor, chairman of the Johor
      402 words
    • NEWS SUMMARY
      • Article
        Catching up on lost ground
        46 33 Malaysian Airlines is planning to embark on an ambitious expansion programme that is intended to intensify international operations and increase domestic flight efficiency. But the government's" veto on its lOpc fare rise hasdealt a serious blow to the move Page 2
        46 words
      • Article
        Plunge in orders to South Korean yards
        43 33 IN THE WAKE of the Persian Gulf crisis, orders to South Korean shipyards plunged to only 6,000 gross tons in September, the lowest since the start of this year, said the Korea Shipbuilders Association Back Page;
        43 words
      • Article
        UPS starts Boeing simulation operation
        28 33 UNITED Parcel Service has started operation of its newly installed Phase 111 Boeing 757 flight simulator following approval by the FAA Back Page
        28 words
      • Article
        Airlines allowed to keep Berlin flights
        38 33 FOREIGN airlines can continue domestic German flights to. and from Berlin despite the ending of special rules which governed the city's airspace until last week, the German Transport Ministry said Back Page
        38 words
      • Article
        Panama plans to open, more offices
        27 33 PANAMA will from January open offices on every continent aimed at providing support and technical know-how to its operations Back Page
        27 words
    • LOG BOOK
      • Article
        Cargo ship missing for a week with 25 crew
        111 34 A CARGO SHIP with 25 Burmese crew bound for Singapore from Songkhla, Thailand, has been missing in the South China Sea for over a week, it was reported on Monday. The Panama-registered 3,445-ton MV Joys was last in contact with its
        111 words
      • Article
        Boeing chief to negotiate deal
        85 34 BOEING Co chairman Frank Shrontz was in Beijing over the weekend to negotiate a deal to build 150 medium-range Boeing 737 jets in China, a company spokesman said. Mr Shrontz arrived just after a hijacked Boeing 737 crashed in China's worst aviation crash in a
        85 words
      • Article
        AT&T introduces access node
        57 34 AMERICAN Telephone and Telegraph Co has introduced the BRT-2000 Access Node, designed to enable access by telephone companies to greater bandwidth and new business services. ATT said the access node delivers the bandwidth to provide services such as high-speed data, interactive CAD/CAM, video teleconferencing and interactive
        57 words
      • Article
        Video sees Moscow radio station
        91 34 VIDEO Communications and Radio said it has signed a letter of intent to form a joint venture with the Soviet All Union Central Council of Trade Unions to establish a commercial radio station in Moscow. The company said that on Sep 19, company officials visited
        91 words
      • Article
        P&O in Antwerp joint venture
        95 34 NEW P&O Containers Agency for Belgium P&O Containers will establish a joint venture in Antwerp with Grizar Velge from Jan 1, 1991. The new company, known as P&O Containers Agencies NV, will represent all P&O Container trades. P&O Containers stated that they have taken this
        95 words
      • Article
        S Africa-Kenya air link to start
        58 34 SOUTH AFRICAN Airways (SAA) and Kenya Airlines are to introduce weekly flights between Johannesburg and Nairobi in December, SAA said in a statement. SAA chief executive Gert van der Veer said the move was "a further step on the road to the normalisation of
        58 words
    • Article, Illustration
      Lock icon Trying to catch up on lost ground
      909 34 Malaysian Airlines is planning to embark on an ambitious expansion programme that will intensify international operations and increase domestic flight efficiency. But the government's veto on its lOpc fare rise has dealt a serious blow to the move IHT LIKE OTHER airlines, the
      IHT  -  909 words
    • Article
      Lock icon WEEKLY FREIGHTS
      545 34 AFP TIGHTER supply of grain carriers in the important US Gulf loading zone was the firming influence on freight rates over the past week according to shipbrokers here. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) climbed 51 points on the week to 1,129 points,
      AFP  -  545 words
    • Article
      THE SHIPPING GUIDE
      12705 42 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
      12,705 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        587 49 i IL. Pa. Hi I ■■hill U 1 u- M. 1 ft L msa wy w oenn Arms uepamjt vvssm toy id tttnn Nmi i/tpjnuri Keood Wliarvcs Hekca 6 P3E 09.10/1430 1010/1200 GustaT 2/90 »03 alongside 1010/2300 Hong Hock *****A P2A 09.10/1900 10.10/0600 Kota Molek E365 K32
        587 words
      • Article
        CONTAINER SCHEDULE
        1070 49 RECEIVING OF EXPORT FCL CONTAINERS AMD LCL CARCO Record Bootiif/Babnce Mb a* Voy No Etb/Btr Period From To From Acx fade 16A 10/1900 1 09/1500 09/1659 09/1900 Aa Liy 2A 12/1100 1 09/1500 09/1659 09/1900 4 10/1200 10/1459 10/1700 Al Mirqab 51A 12/0700 3 10/0700 10/1159 10/1400 4
        1,070 words
      • Article
        IN MALAYSIAN PORTS
        310 49 ft"** 1 Johore Port* South Port on Od Cry*als Venture L berth 1; Pina Vento Berth: 1: Kns Merubi, 2: Tomohftatu, 3: Magway 4: Pekas, berth 2; Pieces Pioneer berth 3. 5: Kitsa, 6: Johan III KCT: Eagle Breeze berth 9; Gull Bridge berth 9; TSK Melody
        310 words
    • Article
      DAILY FREIGHTS
      1082 49 DRY CARGO freight rates were generally firmer in fairly quiet conditions on Monday with the Baltic Freight Index (BFI) up nine points at 1,180, its highest for two vfeeks. Dealers said business included a fixture on the key US Gulf/Japan heavy grain route at U5521.25 which prompted an
      1,082 words
    • Article, Illustration
      Lock icon Plunge in ship orders to South Korean yards
      205 50 AP IN THE WAKE of the Persian Gulf crisis, orders to South Korean shipyards plunged to only 6,000 gross tons in September, the lowest since the start of this year, said the Korea Shipbuilders Association. That compared with 246,000 tons of orders
      AP  -  205 words
    • Article
      Panama to open specialist offices
      193 50 PANAMA will from January open offices on every continent aimed at providing support and technical know-how to its consular operations. Commenting on Panama's commitment to open specialist offices, Dr Humberto Jiron, the new director-general of Panama's maritime administration (Secnaves), said Panama wished to participate fully
      193 words
    • Article, Illustration
      Lock icon Foreign airlines allowed to keep Berlin flights
      227 50 Reuter FOREIGN airlines can continue domestic German flights to and from Berlin despite the ending of special rules which governed the city's airspace until last week, the German Transport Ministry said. British Airways, Air France and other airlines representing the Western World War
      Reuter  -  227 words
    • Article
      UPS starts operating Boeing 737 simulator
      190 50 UNITED Parcel Service has started operation of its newly installed Phase 111 Boeing 757 flight simulator following approval by the US Federal Aviation Administration. Designed and built by Rediffussion Simulation Ltd, the simulator will allow UPS flight training for 757s to be accomplished without
      190 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      556 33 I |n UNITED I EliU LEASING A SEIVICES PTE LTD Call Te1:*****33 Contamer Schedule 1' (My Freights t? Ma to Advertisers 3 Shppng G«de IOJI Stops m Port U Singapore Tries 17 Weather and Sea Coadrtxm V Meettf treats j I TO WHOM IT MAY CONCERN I II CARGO CONSIGNED
      556 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      102 34 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
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      Page 34 Advertisements Column 2
      228 34 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OP SHIP'S NAME We Cathay Marine Fuel OU Trading Pte Ltd of 34 Phillip Street #05-01 Kheng Hoe Building, Singapore 0104 hereby give notice that In consequence of Intended purchase of "Star I", we have applied to the Registrar of Singapore Ships, under Section
      228 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2235 35 JARDINE SHIPPING \lllf/ 200 Cantonment Road *12-05 Southpotnt, Singapore 0208 VNWWWW Tel *****11 TELEX MO RS ***** ITULLLIIV TERMINAL/CFS T«t *****1s 220 B I DCCmJ r l BOOKINGS Tel *****34 235 L. A pesaka jaroine shipping agencies PORT KELANC TEL *****18 TELEX NO. MA*****/MA***** SSZS PENANG TEL *****4 TELEX NO
      2,235 words
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      Page 35 Advertisements Column 2
      1265 35 INDEX TjHDVERTISERS Pace Col Page Col i a t i n ABC Containeriine 13 S Mac-Nek Agencies 14 1/2 Accord Group 8 1-3 Macotine 18 2/3 Ahrcnkiel Liner 16 2 Madju Sdn Bhd 16 1/2 Albatros Sea-Air 14 5 oMaerskLine 3 4/5 Alfred C Toepfer 15 5 Mainfreight 15 4
      1,265 words
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      Page 35 Advertisements Column 3
      2210 35 ■ra.l.MdrL-IHIIJU Vnml Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kalang This mt MargraXa M 9000 Ctoa*ng Time Feeder by CV IMO 0400 MRS M Farco CPS IVIO rat MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PMC NYC MON TOR MARGRETHE M 9008 16/10 17/10 11/10
      2,210 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1167 36 "P" rROTTERDAM/ VOY NO S POR6 P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HAMBURG EXPRESS 98/521 11/10 5/10 30/10 1/11 29/10 4/11 TOKYO BAY 01/525 14/10 31/10 2/11 4/11 VII 7/11 KOWLOON BAY 07/524 18/10 12/11 6/11 8/11 VII 11/11 KURAMA 07/528 21/10 7/11 9/11 11/11 12/11 14/11 OSAKA
      1,167 words
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      Page 36 Advertisements Column 2
      583 36 DIRECT SOUTH PACIFIC SERVICE i SIN NOU SUV PPT i SEASPAC II 28/10 8/11 10/11 IS/U 1 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA ft NUKUALOAFA I DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Alto acc«*ln| Cargo to Csllso (Psni) vU
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      Page 36 Advertisements Column 3
      1456 36 son REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA 21 A (VIA (VIA G) ROT) HAM) N. SUSAN 9032-3 15/10 06/11 09 11 12/11 13/11 15/U 16/11 17/11 21/11 N. SHARJAH 9033-3 21/10 11/11 14/11 19/11 21/11 24/11 23/11
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      Page 37 Advertisements Column 1
      1876 37 SssSteamers Maritime Holdings Ltdl l r wp&o W"* Containers M— 1 II ACCEPTS DUE SAILS I I Voy No f Klinf Spore S tor H'bw| B'Kmn ITdam Leli CARGO I I HAMBURG EXPRESS 9W21 +T BHUMW/10 11/10 »11 31/10 02/11 29/10 OS/11 rw. II Art II M I TOKYO BAY
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      Page 37 Advertisements Column 2
      1754 37 TO: EUROPE TQ: FAR EAST V LH RDM HAM BHVN FIX SPO« HK KAO KOB tU runvAwr n nRY mi* 1110 31/10 1/11 2/11 4/11 5/11 HANJIN HAMBURG 002E 12/11 UflO Vl» Sl?«ss OUW S mi m *11 11/11 12/11 HANJIH ROTTERDAM 010E 15/10 U/10 U/10 22/10 25/10 SSTJSSS 27/10
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      Page 37 Advertisements Column 3
      333 37 |i\/ JAPAN/ STRAITS SERVICE ST IN RO-RO HEAVY LIFTS IN ASIAN COSMIC ASEAN KH STAR CHALLENGER TRADER US 2 S 17/ M 21/10 27/tt 0 ayifl mo xae a lO 7/11 13/11 21/11 10 9/11 11/11 17/11 *11 1/11 IS/11 10 g Only M.LING OTHER JAPANESE PORTS, HONGKONG, CHINESE PORTS,
      333 words
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      Page 38 Advertisements Column 1
      719 38 r- I ■ilB I 1 1 *C■•W I B I a 1 I I I I w^^H^B^^^|!|||2|||i|Mi||lA|i||fl|9i|||^^H CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY S'PMt ROAM AO AM MBURC BREMEN ANTWERP 'A' VESSEL 22-2VW SPI Mfll *|1J 1/12 SRIWIJAYA 30W8 IHW IM2 n/u 12 nu FAST TRANSIT TIME
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      Page 38 Advertisements Column 2
      743 38 ItftHANJIN SHIPPING I Uy full container service S ao,, L-Uvr d (Um H burt B'lunn F.towt FEEDER VSI SIN LINE HAUL LA* OAK CHOYANO GLORY 001N ltlO 3ITT 1/U 2/U \ll W HANJIH HAMBURG OQ2E Ufll H. PONANC 103E 2AI *IU chotanc "oTiw 20/io V/ii t/ii ii/ii ufll wo H
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      Page 38 Advertisements Column 3
      1324 38 I I il I PHI SGP HKG KSC KLG PUS HUT OSK SRU TYO LAX JfC PTI CMS BAL NYC UW AJW ROM a* J* "J 'M i growth nun m* 11/u wo un» worn 22/11 24/11 2*lo m/m 2»/m *11 a/u am aw vu w W wjwu 4/1 <■
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      Page 39 Advertisements Column 1
      1439 39 NEPTUNE AGENtItS PTE LTD SINGAPORE TEL: *****77 (CR NO: **********06) BOOKINGS* UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K^<ra) E 2614^ H *****87, Penang-(04) *****0, J.Bahru-(07) *****3, *****4 PTI
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      Page 39 Advertisements Column 2
      1238 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTO BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (ft£6ULAR INDEPENDENTSERVICE)_^_^^ M DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VtatU VOTAOE |SMK |MA»ILA HKON»" VOTAg gOK PKLANC NNURG rHAVEM niBUtT
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      Page 40 Advertisements Column 1
      1581 40 4\> W W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0*1) TEL: *****77 TELEX KAWAKIRS23I6S FAX *****79 YJ J I W_\J MALAYSIA: HARPER WIRA SON BHD Vr~ m m TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. /fxron N. AMERICA PACIFIC SOUTH-WEST A N.
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      Page 40 Advertisements Column 2
      1108 40 xsm PHIU-ORICNT UN€S PT€ LTD 108 ROBINSON ROAD *07-00 GMG BUILDING SINGAPORE 0106 X TEL: *****22/*****69/*****00 TELEX: RS ***** PHILI FAX: **********6238 BY AIR, LAND OR SEA HEir WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 13 OCT MONTREAL, Vancouver. s'western ontario. 13 OCT DUBAIt
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      Page 41 Advertisements Column 1
      1552 41 sssssmMmm pacific international lines (pte> ltd PIL BuHding, 140 Cecil Street Singapore 0106. I JAKARTA I I BANGKOK VESSEIi VOY SIN JUT SIN VESSEL VOYSM HOC SM EDEN >033 11/1* 13/10 17f1« PEGASUS PIONEER 102N 10/10 13/10 10/10 MAJAPAHTT 03S8 10/10 IS/10 PEGASUS PROGRESS 030N 13/10 10/10 20/10 DELTA MAS
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      Page 41 Advertisements Column 2
      932 41 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT Vessel |voy spore pklang shampton! Hamburg bhaven roam lhavre Hamburg Express* 9*521" 11/10 5/11 30/10 1/11 29/10 4/11 Tokvo Bav 01/525 14/10 Via Lex
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      Page 41 Advertisements Column 3
      339 41 M MYANMA \BBm< WVESTARUNE (Myaiimar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.&tg MAGWAY VIM SM l«i AVA VIO4W h, PI PATHEIN VIO6W 1/12 OCT I*ls OCT HPA AN VISSW 1/10 OCT PAGAN VI62W 12/14 OCT MYOMAYWA VI3OW IWO OCT THi BANK UHE (A aenric* ol Andrew We4r
      339 words
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      Page 44 Advertisements Column 1
      780 44 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN I FIX I OHV RDM ANT HBC RST GERMAN SEN WFOM In Pt 2/U 3/U 4/U *11 11/U pakis sen wnm 17/10 t/11 mi mu uiu uiu THUERINCEN IflO 2«/ M 17/11 1)01 14/U 20/11 21/11 PANAMA SEN WFM
      780 words
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      Page 44 Advertisements Column 2
      1152 44 S KmWAB CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 00R CONSOLIDATION SERVICES TO*. FAR EAST PORT KELANG 12/10 19/10 MANILA 13/10 A 20/10 PENANG 12/10 A 19/10 BUSAN 12/10 20/10 BANGKOK 16/10 20/10 TOKYO 18/10 25/10 HONGKONG 13/10 16/10 YOKOHAMA 18/10 25/10 KAOHSIUNG 14/10 21/10 KOBE 18/10 A 25/10 KEELUNG
      1,152 words
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      Page 44 Advertisements Column 3
      310 44 HHH LOAQ4WC FOB VESSEL SPORE cao DM BAIRES MVIOCO RIO rrs VIT PACUA c. hmo. up hp *u *u *u- opt IJMU mostween i wn wu i;/u wu j/i orr VMB.I DISCHARGING FM BRAZIL ONLY Snhlm. HK ME auSAD m MO IN MOSTMEM I 31/11 *U 8/11 Mfll Hill MAI
      310 words
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      Page 44 Advertisements Column 4
      1250 44 fe ta *J to i CHINA OCEAN SHIPPING COMPANY I 1 FULL CONTAINER LINER SERVICE ioex?KSCOWIP I c» N0: c*BttcSr«i.K I General Agents: OOITAK HUPPING VESSELVOY SCP I FIX HOT HMI AWT WW VESSEL/VOY FIX ROT HAH ANT OKK SQF I QIU HE/58* mil N|U «|U W1 MU mu XWK
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      Page 45 Advertisements Column 1
      1019 45 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! I ETA USA Ail IPI Destns 13/10, 19/10 EUROPE all Ports 13/10, 16/10 BANGKOK 15/10, 19/10 HONGKONG/CHINA 12/10, 16/10 SYD, MEL, ADEL, BRIS 14/10, 20/10 FREMANTLE 15/10, 27/10 MANILA 12/10, 19/10 PKLG/PENANG 13/10, 17/10 Port Kalang Branch Ta4: *****21/2/3 Fax: *****24
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      Page 45 Advertisements Column 2
      821 45 tej_P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS Of S PORE, INDONESIA. MALAYSIA ft 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
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      Page 45 Advertisements Column 3
      595 45 BANGKOK CEBU/MANILA l»am lw.l I Ivnm |»|wn|w JENLINK 26N W«d In Pt Sat 13/10 SO. ORIENT 41R U/M 17/ M tt/M NAWTA BHUM lON Thur 11/10 Sun 14/10 KITI BHUM 42S 10/tt 24/ M 2600 SIRI BHUM# 466N FH 12/10 Mon 15/ M SO ORIENT 43* 26/10 1/U 3/11 MAHA
      595 words
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      Page 45 Advertisements Column 4
      373 45 TO AUSTRALIA/NEW ZEALAND WL |Tliip>iri|Fr——»lii>u in|l)tni Uadd—< |o—fc c. howc is WM uH "wi «11 1 u/5 wu ~w i*u Sol ma ml wussa 29 "iw SO am wu i/i: c vemuk m ~nju mu "5u Hu iHU i/j5 1* DATS TO MBLBOUBMB TO USA/CANADA V* |Titinri [H Mm |Cl»flw>wi
      373 words
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      Page 46 Advertisements Column 1
      1177 46 W A MAC-NELS SIW6APOBEI aww tel am I m= n\tin] AAI PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 r—T—Z\ p KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -K-A J|j. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087)
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      Page 46 Advertisements Column 2
      340 46 ffefc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGB DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF. CHRISTCHLRCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIV AUCK Iff MULBERA ITS It Oct »Od Via NPI Oct PR
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      Page 46 Advertisements Column 3
      1186 46 THONG SOON LINES PTE. LTD. si Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: 33Z2673 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO BABAH itwa h»i |n» |«r «na m |m |ww KIM SOON LI 40/90E 15 OCT PENANG EQUATOR
      1,186 words
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      Page 47 Advertisements Column 1
      685 47 COMPANIA PERUANA TOEA, de vapores r* "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. P»njng* P. Keljng Singapore KAMALEVERETT 16/11 Oct THOMASEVERETT 01/03 Nov 04/05 Nov KARABIEVERETT U/13 Nov 14/15 Nov Wc\ "EVERETT ORIENT
      685 words
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      Page 47 Advertisements Column 2
      596 47 VSL [VOY }S PONE hKINLINER [LAX |KST |SAV [NYC IhfX HI PIRAEUS USE 13/10 IM HONGKONG 71/U «I 1 I|U VU '|U Ziee SINGAPORE XE O/M 2IN TOKYO UU U|U W1 ItU 17/12 IM ELAT HE 11/11 Z« TOKYO 1/12 I*l2 I*l2 I*l2 17/12 ZM TRIESTE USE 11/11 ZIN PUSAN
      596 words
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      Page 47 Advertisements Column 3
      631 47 Msing kwang hang lIWHa TNAMtPOMTATIOM (PTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA "I JENLINK 11/10 14/10 JENWEL 13/10 18/10 VESSEL S PORE BANGKOK A VESSEL 10/10 13/10 A VESSEL 12/10 15/10 1 DESTINATIONS ETA SINGAPORE PORT KELANG 12 OCT MANILA 13 OCT HONG KONG. ALL CHINA PORTS
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      Page 47 Advertisements Column 4
      498 47 ns PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL vov sin jkt sby PRASETIA 109 A In Pt 13/10 DERAJAT 906 13/10 16/10 PRASETIA 111 A 17/10 20/10 DERAJAT 907 20/10 23/10 TANTO UTAMA 111 11/10 14/10 TANTO UTAMA 113 18/10 21/10 TANTO UTAMA 115 25/10
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      Page 47 Advertisements Column 5
      408 47 S|N FAI EAST 14/10 KEELUNG/KAOHSIUNG 13/10 BANGKOK 13/10 MANILA/CEBU 13/10 JAKARTA/BELAWAN/SURABAYA 12/10 PORT KELANG/PENANG/E. Malaysia 15/10 BUSAN 15/10 TOKYO/YOKO/KOBE/NGO/OSA 16/10 HONG KONG also accepting cargo to Huangpu, Shenzhen Fuzhou, Xiamen/Xingang/Shanghai SIN EVMPE/HK 13/10 LDN/FLX/LVP/SOU 13/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN USA/CANADA 13/10 LOS ANGELES/NEW YORK all
      408 words
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      Page 48 Advertisements Column 1
      457 48 rSA CB SHIPPING (®> MARINE SERVICES NORTH queenslano/papua new guinea services CONTMNBI/ICL/BBEAKBUIK SERVICE "ANKE" SERVICE SK POM LAt WSIMA TTBUI v use 2S-2MO 6/11 t-9/U 1112/11 *21/11 J!«8 n 24/11 Vl2 >¥12 10-11/12 *12/12 T/WIP "Sm Juxi" El Lie 16/11 i W rtjjxctwly BUNKER SURCHARGE EFFECTIVE 1/9/90 TEU U5025.50 B/BULK
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      Page 48 Advertisements Column 2
      842 48 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KM V 18-90W 22/10/90 18/11/90 9/11/90 13/11/90 K.V.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SG. Vl9-90W 1/11/90 26/11/90 16/11/90 20/11/90 BA V2ICW9O 5/11/90 27/11/90 29/11/90 3/12/90 A.N V2O-90W 14/11/90 11/12/90 1/12/90 6/12/90 ALSO ACCEPTING CARGO FOB MILANO. lASPEZIA
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      Page 48 Advertisements Column 3
      426 48 SERVICE TO/FR^ TBAAJX-r/A//T n£i PENANG— KL: allied-LINK SINGAPORE: //T^\ XQjy 04-*****2 03-*****99 778 6522(22 lines) SEE&, \f Marina Ong Susan Ng/Chrlsttna Chiow Doily Mlrpuri/Eattwr Yap Ws|W\ MltfEQ SHIPPING AGENCIES PTE LTD \jAl )U W Tlx: RS ***** NEOSHIP Fa*: *****59 Trt *****29 (6 Lme«) A. VSL 8 OCT CHITTAGONG/CALCUTTA A.
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      Page 48 Advertisements Column 4
      256 48 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 18NB 13/10 VIGOUR PACIFIC 19NB 23/10 BANGKOK 14/10 21/10 BUSAN 20/10 22/10 HONGKONG 12/10 15/10 DURBAN 25/10 15/11 KEELUNG 14/10 21/10 PT. LOUIS 25/10 15/11 PT. KELANG 12/10 19/10 KOBE 15/10 22/10 PIRAEUS 21,10 29/10 OSAKA 16/10 23/10 JAKARTA 12/10 14/10 SURABAYA 14/10 15/10
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      418 49 TIDES AND WEATHER TODAY'S TIDES (hefrt in metres) HOUIOOOO 0100 0200 0300 0400 0500 OfiOO 0700 MOO ****************************************19N 2000 2101 2200 23M JR 13 1.8 2.2 U 2.3 2.0 1.7 1.3 17 1.2 1.3 1.6 22 2.7 3.0 3.0 2.8 2.3 li 1.2 0.9 0.6 05 0.6 PP 12 1.8
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      Page 50 Advertisements Column 1
      324 50 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 18/10 SPRING STAR 09/90 12/10 23/10 For Enquiries Call CALVIN HO/DANY LAU U§\ HIAP HOE SHPPNG ENTERPRISE 1 V/ji J TEL: *****66 FAX: *****10 \Jfliy TLX RS ***** HHSHPG PT. PELAYARAN. *W*MUTIABA SfIMUDBA AGUNG KUALA
      324 words
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      Page 50 Advertisements Column 2
      718 50 MERCHAMT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK StA HKG SIN HYUNDAI CHALLENGER 37E WO~ 18/10 5/11 7/11 10/11 9/11 HYUNOAI COMMANDER 19* J/W M» 9jW 27J8 7/10 HYUNDAI INNOVATOR 36E 20/10 2*lo 12/11
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      Page 50 Advertisements Column 3
      455 50 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) fvroins-TW rju« r*MX rw uh o*. Shew*-. mm> bbSST* as w ~vxi Tu hai ES^B MEDITERRANEAN (MED CLUB)* JEDDAH E9H liotdiama srisr T sr 8. NIPPONICA 22/10 &11 1/11 10/11 12/11 I*ll ACE CONCORD 2*lo 12/11 IVII 17/11 I*ll 23/11
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