The Business Times, 17 October 1990

Microfilm: NL17118
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday October 17 1990 75*
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  • NEWS SUMMARY
    • Article
      Taiwan targets 7pc economic growth for next six years
      66 1 TAIWAN has projected in annual economic growth of 7 per cent over the next six years, which would see the island emerae as a developed country. The rate was set under a six-year national development plan by the ministerial-level Council for
      66 words
    • Article
      Property slide
      18 1 THE RESULTS of a Jones Lang Wootton auction has indicated that residential j>ro|>erty prices have fallen
      18 words
    • Article
      First two to enrol
      30 1 OVERSEAS Union Bank and Maxtor Singapore are the flrit two companies to enrol in computer-bated training courses at the newly-opened NPB-Andersen Training Technology Centre. Pap 2
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    • Article
      Vanuatu rethink
      22 1 THE SOUTH PACIFIC tod state of Vanuatu says it is reviewing legislation covering its offthore tax haven status. Pap S
      22 words
    • Article
      US recovery forecast
      44 1 THE US ECONOMY is in for some tough times ahead but should be able to recover from the financial fallout caused by the Iraqi oil shock by the middle of next year, says President George Bush's chief economic adviser Pap 6
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    • Article
      US, Japan review plans
      28 1 US AND Japanese negotiators have reviewed efforts to put into effect an unusual agreement aimed at revamping economic practices in both nations. Pap 6
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    • Article
      Markets savaged
      33 1 THE world's markets, hardly affected by Hitler's sweep into Poland, the Cuban missile crisis and the Arab-Israeli wars, are being savaged by the aftermath of Iraq's invasion of Kuwait. Pap 8
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    • Article
      TV trouble
      20 1 THE PROPOSITION that television can be addictive is proving to be more than a glib metaphor Pap 11
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    • Article
      Container tie-up deal
      28 1 KUMPULAN Perangsang Selangor Bhd has formed a US$3O million joint venture with a Chinese governmentowned industrial group to produce steel containers. Shipping Times Pige 1
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  • MARKETS SUMMARY
    • Article
      Dow up
      28 1 WALL STREET share prices opened hither yesterday with the Dow Jones Index of leading industrials up 0.74 points to 2,417.08, Ave minutes after the opening bell.
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    • Article
      Footsie lower
      46 1 LONDON stocks yesterday morning retreated from earlier highs in light, nervous trade as the market reacted to economic data, a forecast mixed opening on Wall Street and talk of abroker's sell program. By 1216 GMT the FTSE 100 had lost 12.7 points to 2,089.2.
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    • Article
      Help for Kay Hian
      30 1 CASH-RICH Haw Par Brothers International is believed to have come to the rescue of Kay Hian James Capel Holdings and its team of underwriters. Page 3
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    • Article
      Tan Chong thriving
      15 1 TAN CHONO Motors is thriving on Malaysia's consumer spending boom Page 3
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    • Article
      Upgrading under study
      24 1 NORINCHUKIN Bank, one of the world's biggest banks, is considering upgrading its recently-opened Singapore representative office to onshore branch Pap 4
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    • Article, Illustration
      STOCK INDICES
      25 1 BT-MGA 544.13 -2.13 Kuala Lumpur ....467.89 -9.60 Hongkong 2,949.57 33.19 TokyT.7......... 23,606.10 +496.90 Sydney 1,336.7 +15.5 New York 2,4I«5 +UL32 London 3,101.9 +1.5
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    • Article
      CURRENCIES
      18 1 Exdmgi rates USS SS 1.7225 Yen St 1.3447 MS SS0.6382 Overnight 6 3/8 +1/16 3-montn 6-1/2 unch
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    • Article
      COMMODITIES
      35 1 LmnIm Md PM fix US$362.00 -US$18.50 Store Nov I 53.00"/kg -1.75 Vfsia Nov.... 236.50Vkf -2.00 KL Tin Turnover 83 tonnes -2 Spot M$16.64/kg +30 Credt pata «fl Turnover 308 lots -116 Nov M$680/tonne +2
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  • Article
    S'pore to take up stake in Johor industrial park
    377 1  -  Joint overseeing committee may also be formed ■y Suzanne Soh EVEN CLOSER economic ties are let to be foned between Singapore and Johor with both holding equity stakes in each other's projects, starting with the joint development of an industrial park
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  • Article, Illustration
    S'pore has vital role in Apple's strategy
    465 1  -  Tremendous spinoffs from making machines here By Claire Leow THE LOCAL operations of Apple Computer is playing a vital role in the company's new strategy of catering to the low-cost computer market. Two of the computers launched this week are designed from scratch
    465 words
  • Article
    Lock icon UN vote gives Cambodia's seat to national council
    321 1 AP THE GENERAL Assembly filled Cambodia's United Nations seat with a peaceseeking national council on Monday in its first unani-mously-adopted resolution on the country since 1978. The resolution was the 159-nation assembly's first in 11 years that did not condemn Vietnam's December
    AP  -  321 words
  • Article
    Lock icon Gold takes a dive on speculative selling
    169 1 Reuter GOLD PLUNGED around US$l5 an ounce in London afternoon trading yesterday, triggered by speculative selling in New York gold futures and a sharp drop in the price of platinum, dealers said. Gold fell as low as US$36O an ounce, compared with its
    Reuter  -  169 words
  • Article, Illustration
    Mahathir still confident of forming govt
    506 1 Run-up to Malaysian elections MALAYSIAN Prime Mini* teR Datuk Sen Dr Mahathir Mohamad said yesterday that the withdrawal of the Chris-tian-led Parti Benatu Sabah from hit National Front coalition has made it slightly difficult for the Front to secure a two-thirds majority in this
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      195 1 BRUNOMAGLI Centrepoint #01-30, 737 4509 JBV |181 Forum Calleria Arcraft Schedule 21 Money Mvket 19 World New 6, 7 Commodrtm 20 Reponai News 5 World Stock Markets 18 Cryptic Crossword 21 Rifioflai Stock Markets —17 For market nukes, edrtonal, Edtonal 8 SB 12,13 adwbswg and circulation a Fnancial New 4
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    • Advertisement
      Page 1 Advertisements Column 2
      142 1 Mahathir saved* industrial plan for Johor, Back Page How to get a good deal more from a property deal. Talk to the JLW Investment Team. Call our Investment Team Colin or Edmund. on 220-3888. You can speak We'll discuss ways to maxwith Terence, Hong Teck, imise the value of your
      142 words
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      Page 1 Advertisements Column 3
      41 1 Exclusive Trifari Triple Plating Quality Guaranteed Made in USA THhrlCiliiii Ut— Kliwg Far Eaat, Manna, Paragon Dai maru Wlaoa'i > OUB Centra, Robimona Tower PBS move doads Sabah political sceae, Back Pg PBS defectioa will sweep as to power Raialeifk, Pg S
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  • Page 1 Miscellaneous
    • Miscellaneous
      Page 1 Miscellaneous Column 1
      28 1 The Editor and staff of Business Times send Deepavali greetings to allHL Hindu readers. H. JK I I 9 The Prime Minister sends nil Hindus greetings for Deepaviii
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  • HOME NEWS
    • Article, Illustration
      Local automation success stories
      389 2  -  Mah Bow Tan visits Sinsin, Three Rifles Group in Anne Lee MINISTER of State for Trade and Industry Mah Bow Tan's series of factoiy visits to acquaint himself with the local industry yesterday took him to two traditional home-grown companies which have taken to automation with
      389 words
    • Article
      Property auction sees fall in prices of residential units
      215 2 AN AUCTION conducted by Joms Lang Wootton yeeterday mw $2.67 million worth of mixtd proptftiti told. But thi prion fetched by residential units Indicated that this Motor of tht markot hai dipped Author, Residential proptrty prices had alnady did w between
      215 words
    • Article
      OUB and Maxtor first to use new centre's training courses
      291 2  -  ■r Soh Tiang Keng LOCAL BANK Overseas Union Bank and Californianbased Maxtor Singapore are the first two companies to enrol in computer-based training (CBT) courses at the newly-opened NPB-Andersen Training Technology Centre. The companies have received 90 per cent financing
      291 words
    • NEWS ROUNDUP
      • Article
        Dearer petrol pushes CPI up
        111 2 THE CONSUMER price index (CPI) in Singapore rose by 0.7 per cent last month over August. Compared to the same month a year ago, the CPI in September was 3.6 per cent higher. A statement from the Department of Statistics said the upsurge in fuel
        111 words
      • Article
        Bosses pay higher hospital fees
        85 2 SINCE Oct 9, an employer has had to pay higher maximum amounts of hospital charges for his workman if he is hospitalised because or injuries suffered in an accident at work, the Ministry of Labour said in a statement yesterday. The maximum amounts are raised
        85 words
      • Article
        MPs to visit Japan
        79 2 A SINGAPORE parliamentary delegation led by Speaker of Parliament Tan Soo Khoon ii visiting Japan from today. The six-member delegation is there at the invitation of Mr Y Tsuchiya, the president of the House of Councillors, During the visit, the delegation will also call on Mr
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      274 2 Compact W "Trin Is The new laser minter that's It emulates sof the most popular Flexible paper handling manual ,1 J? printers: HP Laser Jet Series n, Epson feed accepts even envelopes and small in size, big on quality. mM Graph cs transparencies The JX-9500 fits almost anywhere, Printer, and
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  • COMPANY NEWS
    • Article
      KHJC, underwriters said to have found a rescuer
      412 3  -  Magdalene Ng WHILE THE fate of Kay Hian James Capel Holdings' listing status rests in the hands of the Stock Exchange of Singapore, a local institution is seid to have come to the rescue of its team of underwriters. Sources say KHJC
      412 words
    • Article
      Lock icon Telekom stake: buy on open market
      338 3 Bernama FOREIGNERS eager to buy shares of Telekom Malaysia Berhad can do so on the open market after they are listed on the Kuala Lumpur Stock Exchange. They need not wait for the placement of shares to foreigners by the authorities, a securities industry
      Bernama  -  338 words
    • Article, Illustration
      Lock icon Polly Peck chairman Asil Nadir set to give up post
      444 3 Reuter ASIL NADIR, chairman and chief executive of Polly Peck International pic (PPI), is poised to give up the chairmanship of the conglomerate which he built up through the 1980s. The chances are a nonexecutive chairman will step in at
      Reuter  -  444 words
    • Article
      Lock icon Jakarta Int'l Hotel gets nod for share swap
      220 3 Reuter Jakarta International Hotel (JIH) said shareholders approved a massive share deal to quadruple the size of the company, add property development to its hotel business and bring in new owners. y* An extraordinary shareholders meeting on Monday voted to buy all
      Reuter  -  220 words
    • Article
      Thriving on the consumer boom
      544 3  -  MARKET TALK By William Chia TAN CHONO Motors, which was one of only two Malaysian stocks picked by Fortune International in its latest issue of the investor's guide for 1991, exemplifies the resilience of motor car assemblers who rouah it out in bad times and
      544 words
    • Article
      EMS, Philips in loud speaker joint venture
      284 3  -  By Diana Oon LOCAL video tape manufacturer Electro Magnetic (S) is tying up with global electronics giant Philips in a joint venture to manufacture and market loud speakers. The company yesterday announced that its SI-per cent-owned Malaysian subsidiary OCD (Malaysia) Sdn Bhd had
      284 words
    • Article
      STC in takeover talks with rival telecoms firms
      212 3 STC, one of the few remaining British-owned high technology companies, is in talks that could lead to a bid from a rival telecommunications company. STCs main strength is its expertise in fibre optic cables and intelligent transmission systems. Its main weakness is
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    • COMPANY BRIEFS
      • Article
        Pacific Dunlop opens factories in China
        46 3 PACIFIC DUNLOP Limited has opened a US$5 million sock factory in Beijing which will enable it to expand into major international tow market*. A new US$2l million cable factory at Shenzhen in Guangdong province will also be officially opened tomorrow.
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      • Article
        Siemens wins Indon order
        66 3 ELECTRONICS GROUP Siemens has received an order worth 230 million marks from Indonesia to expand a telephone system. Siemens said in a statement that the order From the Indonesian telephone authority Perumtel included the installation of transmission systems developed for sparsely populated areas. Indonesia opted for
        66 words
      • Article
        Microsoft supporting Apple
        80 3 MICROSOFT CORP, a major provider of software for Apple Computer Inc's Macintosh personal computers, said it is providing support for the new line of lower-priced Apple PCs launched on Monday. Microsoft said it is providing immediate support for the Apple Macintosh Ilsi, the Macintosh LC, and the
        80 words
      • Article
        GE engines for Korean Airlines
        99 3 GENERAL ELECTRIC Aircraft Engines, a GE unit, said it signed an engine contract worth US$l3O million to power Sikorsky Black Hawk helicopters for South Korea. The T7OO engines will be manufactured by Korean Airlines Co under a licensed co-production agreement that provides for initial engines
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      • Article
        Philips unit and TI in deal
        78 3 PHILIPS Gloeilampenfabrieken's unit, Philips Compo-nents-Signetics, and Texas Instruments Inc said they entered a joint development and alternate source agreement that expands the scope and supply of silicon support for the proposed Futurebus+ standard. Under the five-year renewable agreement, they will source a broad range
        78 words
      • Article
        Complaint over Donnelley deal
        79 3 R R DONNELLEY SONS Co has received a complaint filed by the US Federal Trade Commission that again challenged its acquisition of Meredith Corp's Meredith/Burda Cos. Donnelley said the closing of that deal took place on Sep 4, 1990, after it defeated the FTCs attempts to
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      223 3 x I Discuss Your Business With Vietnam's Ministers Determine what \dur Vietnam investment and sourong opportunities ARE THROUGH DISCUSSIONS WITH SENIOR GOVERNMENT OFFICIALS. At Business International's Roundtable, senior r Hanoi executives have a unique opportunity to assess business potential and related policy trends firsthand HBk The information, exposure and high
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  • FINANCIAL NEWS
    • Article
      Stanchart lowers Taiwan prime rate
      87 4 STANDARD Chartered Sink his lowered its Taiwan prime tile to 12 per oent from 13 per oent effective yesterday, e statement said, The bank Mid it lowered the rate against the background of eeiier money market conditions. IVe bank, whicn usually takes the lead emoni
      87 words
    • Article
      Savings executives face charges
      95 4 FORMER US bank executive Charles Keating and three colleagues wore ordered to stand trial Nov 26 on charges of defrauding investors. Twenty thousand investors are singed to have lost mora than Utt29o million in the collapse of the Lincoln Saving and Loan bank, which waa owned
      95 words
    • Article
      DFC seeks marketing ideas
      54 4 COLLAPSED merchant bank DFC New Zealand Ltd Invited estate egsnts end property managers to submit marketing ideea for o property portfolio sold to be worth NZ$7OO million (US$426 million), the Auckland Star newspeper sold on Monday. The bonk collapsed last yeer owing NZ$2.2 billion (US$l.3 billion)
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    • Article
      Westpac to cut prime rate
      105 4 WESTPAC Bonking Corp said it would cut its indicator (prime) lending rate to 16 per cent from 17 per cent, effective Nov 1. Westpac maneging director Stuart Fowler seid in e statement in Sydney the move wes in response to the one percentage point easing
      105 words
    • Article
      Lock icon DFC creditors get Nov 16 deadline
      257 4 Reuter THE CREDITORS, mostly Japanese, of collapeed merchant baink DFC New Zealand Ltd were given an ultimatum on Monday to accept a NZ$2.2 billion (US$l.3 billion) plan or face immfrtiatt winding up. Statutory manager (receiver) Sandy Maier said in a statement in Wellington that
      Reuter  -  257 words
    • Article
      Lock icon Banking system not at risk: Fed governor
      462 4 Reuter FBDBRAL Reserve Board governor Wayne Angell said the current concerns over the present health of the banking system are "a grass overstatement of the risks that exist." He said that commercial banks are not In the same league as thrift institutions, many
      Reuter  -  462 words
    • Article
      Lock icon US banking industry needs to cut jobs: industry chief
      598 4 Reuter THE US banking industry tees mounting problems and must cut more jobs, but those troubles will not result in a thrift-style banking crisis, incomina American Banken Association president Richard Kirk said. "For US banks to continue to earn US$l3 billion
      Reuter  -  598 words
    • Article, Illustration
      Lock icon UK monetary policy to remain tight
      299 4 Reuter BRITISH ChancHlor of the Exchequer John Major said monetary policy would remain tight dftpftt dear signs that inflationary pressures were easing. Mr Major told Parliament it was "abundantly clear" that the government's current tight economic poMdcs were woridag to cuib Inflation and cut
      Reuter  -  299 words
    • Article
      Lock icon Weak US dollar worries investors, not policymakers
      470 4 Reuter THE weak dollar has sparked concern among some foreign investors about putting money into the US, but so fkr it does not seem to have faed US policymakers, economists tind dealers said. The dollar has Allien nearly 20 per oent against the
      Reuter  -  470 words
    • Article
      Norinchukin keen on setting up offshore unit
      258 4  -  Quak Hiang Whai NORINCHUKIN Bank, one of tha world's biggaat banks, which opened Ha Singapore IMliMaMliallliA AMOA 11A4IAM reprmnuHiTi on ice yeatan day, is said to be interested in upgrading it to an offthors branch hara within thraa years. Tha bank, which Is
      258 words
    • Article
      Lock icon Security Pacific profit falls sharply
      285 4 Reuter SECURITY Pacific Corp reported net income for the third quarter of U*****.3 million or US$l.O5 a share, down from US$lB5.l million or US$l.55 a share in last yeer*s third quarter. The company said this yeer*s quarter was aliected by the strengthening of credit loss
      Reuter  -  285 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      71 4 B Results of tender for HBble book-entry Government Bond H 1990 due 15 October 1992 Mm be Issued on 18 October 19flpj|| Trior approx. 2 years gfc- Amount Offered A Allotted *****,000,000 M Amount Applied *****,500,000 "K' smMH&Zr S Interest/Coupon Rate 5,00% p,a, >r," Average Yield Price on Allotment 5.03%
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      Page 4 Advertisements Column 2
      82 4 J 1 St $4 A MONTHLY MABAZINEOF BUSINESS TRENDS i JLI 1' #%4Maam» BfttlsiliAMlt In ftIiIAAAAPA m|| agg§ VPmVl.rfnpfvVriVV Ifl VW WWW fVW -J Financial futuraa tracing «oln« >n Hit a Qlant land aalat put praparty mart* la flifttNl JI a Air aapraaa aavriara In iopßpht ovar tlnfapari a Palm
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  • Page 4 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon PBS defection will sweep us to power: Razaleigh
      472 5 Run-up to Malaysian elections AFP MALAYSIA'S opposition alliance yesterday predicted that the surprise defection of a Christian-led party in Prime Minister Mahathir Mohamad's coalition would sweep it to victory at the poUs this weekend. "We are confident of forming the next government,"
      AFP  -  472 words
    • Article
      Lock icon Vanuatu reviews laws on tax haven status
      214 5 Reuter THE South Pacific island state of Vanuatu said it was reviewing legislation covering its offshore tax haven status. Finance Minister Sela Moiisa said that the outcome of the review would be a new legislative package, which would be introduced over the next
      Reuter  -  214 words
    • Article
      Lock icon Suharto appeals for release of oil stocks
      347 5 Reuter INDUSTRIAL countries must release their oil stocks to curb speculation which is pushing up prices and threatening a global recession, Indonesian President Suharto said on Tuesday. "This is the reason why I appeal to industrialised countries to take immediate measures aimed at
      Reuter  -  347 words
    • Article
      Lock icon Tough budget measures crucial for Manila
      190 5 Reuter THE PHILIPPINE economy is likely to slide into recession unless tough measures are taken to reduce the budget deficit, the chairman of a Cctagressional economic committee said. "We must be prepared for a negative growth rate. In a worst-case scenario, we may have
      Reuter  -  190 words
    • NOTE BOOK
      • Article
        Viet minister in talks on missing Americans
        89 5 Foreign Minister Nguyen Co Thach will meet with US government officials today to disaiss the po—ibfct release of information about nearly 1,700 Americans unaecounted for in the Vietnam War. The visit is believed to be the first ever to Washington by a Vietnamese
        89 words
      • Article
        Manila raises minimum wage
        97 5 THE Philippine National Wapes Productivity Board decided on Monday to raise the daily minimum wage of private workers by 19.1 per cent to 106 pesos (U554.24). Labour unions have rejected the increase, which took effect yesterday. A spokesman of the Trade Union Congress of the Philippines
        97 words
      • Article
        KL, Taiwan teams to meet
        56 5 MALAYSIAN and Taiwan businessmen will hold a five-day annual meeting from Sunday in the east Malaysian state of Sarawak to discuss ways of enhancing economic ties. The businessmen, grouped under the Malaysia-Taiwan and Tai-wan-Malaysia standing committees, will review cooperation in «m*ll and mediumHScak industries, high
        56 words
      • Article
        Thai press legislation scrapped
        88 5 THE Thai government has repealed a piece of highly restrictive press legislation which gave police sweeping powers to close down newspapers, officials in Bangkok said yesterday. A meeting of Prime Minister Chatichai Choonhavan's cabinet on Monday decided to repeal the draconian "Decree 42" and withdraw two
        88 words
      • Article
        On Aussie inflation
        84 5 AUSTRALIAN Reserve Bank Governor Bernie Fraser said annual inflation in the June quarter, 1991, could be 6.75 per cent if oil prices were around US$3O a barrel, and 7.S per cent if they settled at around US$4O. In his August budget, based on an oil price of
        84 words
      • Article
        Newsprint price hike in Manila
        62 5 THE Philippines' largest paper manufacturer yesterday imposed a 13 per cent increase in the price of newsprint, putting added pressure on the country's freewheeling and overcrowded press industry. "Some newspapers are floundering because of increasing costs," said Alice Villadolid, president of the Philippine Press Institute,
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  • Page 5 Advertisements
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      160 5 r; < A V v Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail oudeL Known to be the largest single watch boutique in Singapore, Thong hiap believes in the quality and consistency of high customer service. No one offers better service than we
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Bush economic adviser predicts recovery by mid-1991
      448 6 Reuter THE US ECONOMY is in for some tough times ahead but should be able to recover from the financial fallout caused by the Iraqi oil shock by the middle of next year, President Bush's chief economic adviser said on Mondsy Mr Michael
      Reuter  -  448 words
    • Article
      Lock icon US proposes 75pc cut in farm aid over 10 years
      591 6 Shift from previous position in Gatt talks AFP THE US filed s proposal on Monday with Gatt for cutting domestic farm income supports by 73 per cent and farm export subsidies by 90 per cent over 10 years, a US
      AFP  -  591 words
    • Article
      Lock icon US, Japan review actions to reduce trade imbalance
      432 6 AP US and Japanese neiotiators on Monday reviewed efforts to put into effect an unusual agreement aimed at revamping economic practices tn both wtiiw The two-day session held in Boston was designed to give both sides an opportunity to explore the actions
      AP  -  432 words
    • Article
      Lock icon China sticks to planned economy
      248 6 Reuter CHINA will never waiver from its basic goal of a planned economy, a minister for economic reform was quoted as saying on Monday. But Chen Jinhua, head of the state commission for restructuring the economy, conceded that it was impossible to place everything under
      Reuter  -  248 words
    • Article
      Lock icon East bloc needs US$10b in aid next year: EC
      452 7 The Gulf crisis Reuter THE European Commission told the world's richest countries on Monday that East European nations needed about US$lO billion next year to cope with the Gulf crisis and keep their economic reforms on track, diplomats said. A memorandum
      Reuter  -  452 words
    • Article
      Lock icon Tokyo finalises bill on military aid
      168 7 AFP THE Japanese government on Monday finalised a bill aimed at sending military personnel overseas to assist United Nations peacekeeping efforts. Party officials said that the bill was immediately discussed and approved by the ruling Liberal Democratic Party. Prime Minister Toshiki Kaifu's cabinet was
      AFP  -  168 words
    • Article, Illustration
      Lock icon Truce between South and North
      64 7 Sooth Korean Prime Minister Kang Young-Hoon (left) yesterday received a warm reception from North Korean spokesman An Byong-Su outside a pavilion at the northern side of Panmuniom, the trace village straddling the tense border dividing the two Koreas. Mr Knag will be in Pyongyang for
      Reuter picture  -  64 words
    • Article
      Lock icon Latin nations' inflation fight hit by dearer oil
      385 7 Reuter LATIN AMERICA'S battle against inflation is being weakened by world oil prices, which more than doubled since Iraq invaded Kuwait, government officials and analysts say. Failure to beat down inflation could endanger the region's push to economic integration. "Integration of Latin
      Reuter  -  385 words
    • WORLD WATCH
      • Article
        Nobel Economy Prize goes to three US dons
        60 7 THE NOBEL ECONOMY PRIZE was awarded yesterday to three US professors for their pioneering work in the "theory of financial economics and oorporate finance" The winners were Professor Harry Markowitz of the City University of New York, Professor Merton Miller of the
        60 words
      • Article
        Cairo, IMF agree on reforms
        76 7 EGYPT and the International Monetary Fund (IMF), spurred by the Gulf crisis, have reached broad agreement on reforms to revitalise the badly battered eoonomy. A formal aooord would pave the way for Cairo to reschedule some of its US$5O billion in foreign debt Negotiators on
        76 words
      • Article
        Brazil seeks US$8b loan
        66 7 BRAZIL has asked its private creditors for an US$B billion loan to cover late payments on its foreign debt aid. Jorgio Dauster, the country's top debt negotiator, called the request "financial engineering". He said it was included in a debt rescheduling proposal delivered to foreign bank
        66 words
      • Article
        Opec to meet on Dec 12
        100 7 THE NEXT full meeting of Opec (Organisation of Petroleum Exporting Countries) ministers will be on Dec 12, Opec secretary-general Sutxoto told Reuters but deciinciri to name the venue. Opec meets at least every six months. At their last meeting in Vienna in late July
        100 words
      • Article
        Channel sections to join up
        82 7 BRITISH and French engineers are expected to make history later this month when they join up die two sections of the Channel Tunnel for the first time. The project's Anglo-French developers said on Monday that digging teams win break through the last 100-metre (yard) stretch
        82 words
      • Article
        Moscow denies devaluation
        62 7 A SENIOR Soviet central bank official on Monday denied a press report that Moscow would soon devalue the official rate of the rouble, but he said a new ruchany rate could be introduced for trade transactions. Alexander Voitenkov, deputy head of the central bank (Gosbank) hard currency
        62 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      192 6 Now you can dine on classic cuisines, indulge your taste for the classics, and enjoy classic hospitality under our new name. v f I <, 4 < t r Its business as usual at ANA HOTEL SINGAPORE, formerly notice a new bar in the Fountain Lounge. And, of course, our
      192 words
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  • Page 7 Advertisements
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      22 7 IS§' /J^;kjMZPig BRAKING WITH TRADITION. poMcytobri^Mmkkrte fifce no etfrr die wmli Pn doped jj| I LH aw ye*sbjr *se»»«# independent J|j; illlillllilililllllll^^
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  • Article
    From peace to prosperity
    504 8 EDITORIAL OW, HAVING won 551.24 million and a bronze medal, Mikhail Ser--1 geivich Gorbachev carries an even heavier bidden. Not the burden of managing a bank account, but the burden of managing .peace. After being awarded the Nobel Peace Prize for 1990, the Soviet President faces
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  • WHAT THE OTHERS SAY
    • Article
      New front in M-East?
      226 8 IT appears that another front is opening up in the Middle East conflict, this time in Lebanon. While the specific reasons for Syrian intervention have to do with the domestic situation in Lebanon, the implications of the move could be far-reaching. At Lebanese President Elias' invitation,
      226 words
    • Article
      Good times are over
      145 8 THE stalemate in the US budget situation between Congress and President George Bush, if it is not ended soon, will not only affect the huge American economy but the rest of the world as well. The US is still the world's engine of growth. Affected as
      145 words
    • Article
      In case inflation hits us
      141 8 WHETHER the Gulf stalemate continues or develops into direct military confrontation, it looks like oil prices will continue to rise, and Singapore may be heading for an inflation rate of 5 per cent. How should we prepare for such a situation? The government must ensure
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      Raise civil service pay
      153 8 WHEN the four factions in the House of Representatives, in a hearing with Finance Minister J B Sumarlin last week, urged the government to raise the salaries of civil servants and members of the Armed Forces by 10 to 20 per cent, they for once acted
      153 words
    • Article
      Message of confidence
      147 8 SIR David's arrival in Rome on Sunday marked the start of the first visit to Italy by a Governor of Hongkong. It is the first stop on a three-leg trip to Europe which also takes in Paris and Brussels. Towards the end of next month he goes
      147 words
    • Article
      Take action now
      170 8 THERE have been self-immolations in India, South Korea and Vietnam. In some cases those who took their own lives by fire were political extremists or religious zealots who genuinely saw martyrdom as the only way to dramatise their political or religious beliefs. In this country, where political
      170 words
  • Article, Illustration
    Lock icon Saddam Hussein: catalyst, not cause
    872 8  -  The Gulf crisis is unlike any other it could savage world stock markets. Conrad de Aenlle reports Conrad de Aenlle IHT WHEN Iraq invaded Kuwait on Aug 2 panicky investors began to sell stocks and did not stop until markets around the world had fallen
    IHT; Source:  -  872 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      4 8 I EXECUTIVE I jJOriJ
      4 words
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      Page 8 Advertisements Column 2
      91 8 I— -PR,-ME- INDUSTRIALPROPERTY I FOR SALE I 100E PASIR PANJANG ROAD I AAA LOCATION I I MINUTES TO THE WORLD'S BUSIEST PORT I Strategically located within Quick Access to the wharf I "Singapore Distribelt" Site/Building Details I Situated between Getz 3/Part 4 storey industrial I Corporation building and building I
      91 words
  • Page 8 Miscellaneous
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  • SPORTS
    • Article, Illustration
      Lock icon Muster struggles to win
      432 9 Hometown favourite sweats it out in Vienna Agencies HOME FAVOURITE Thomas Muster slogged, sweated and grunted his way to a 7-6, 6-4 win over Czechoslovakia's Martin Strelba in the opening round of the U*****,000 CA Trophy in Vienna on Monday. Muster, seeded first and playing to
      Agencies  -  432 words
    • Article, Illustration
      Pros' rackets on auction block
      352 9  -  Ever wondered what it would be like to lob with Evert's Wilson or volley with Navratilova's Yonex? Wonder no longer. Cassandra How has the details. Cassandra How THEY'RE a familiar sight on the court or on the course weekend tennis enthusiasts or golfers who blame
      352 words
    • Article
      Lock icon Unknown snooker pro pulls off shock win over Knowles
      215 9 AFP KEN OWERS, ranked 95th in the world, pulled off a shock 5-4 victory over Tony Knowles to reach the last sixteen of the £370,000 Rothmans Grand Prix at Reading on Monday. Owers earned only £900 in 10 ranking events last
      AFP  -  215 words
    • Article
      Lock icon Top yachtsmen set for match racing off Auckland
      243 9 AFP TEN OF the world's best yacht skippers were set to face off at Auckland yesterday in the sport's Grand Prix, match racing. At stake was New Zealand's Steinlager Cup, being sailed in identical yachts to those which will be used off
      AFP  -  243 words
    • Article
      Lock icon Kelesi eliminated in opening round of Arizona Classic
      278 9 Reuter TOP SEED and defending champion Conchita Martinez of Spain breezed past Linda Harvey-Wild but unseeded Ann Henricksson surprised third-seeded Helen Kelesi of Canada 3-6, 6-3, 6-2 in the opening round of the US$l SO,OOO Arizona Tennis Classic on Monday. Eighteen-year-old Martinez,
      Reuter  -  278 words
    • SIDE LINES
      • Article
        Biasion holding slim lead in San Remo rally
        111 9 DEFENDING WORLD CHAMPION Massimo Biasion, returning to action following a back surgery, took a narrow lead on Monday at the end of the opening stage of the San Remo car rally. The Italian driver, in a Lancia Delta, edged two teams of
        111 words
      • Article
        Sugar Ray to fight again
        49 9 LEGENDARY Sugar Ray Leonard, who has held five world titles at different weight divisions, is expected to fight fellow American and World Boxing Council light-middleweight champion Terry Norris in January, it was announced in New York on Monday. Leonard holds the WBC super-middle-weight title.
        49 words
      • Article
        Seeds stamp authority
        86 9 SEEDED PLAYERS Zina Garrison, Mary Joe Fernandez, Katerina Maleeva and Judith Wiesner asserted their authority by winning their first-round matches in straight sets at the U*****,000 women's Grand Prix tournament in Filderstat, Germany, on Monday. Top-seeded Garrison beat Radka Zrubakova of Czechoslovakia 7-5, 6-2 while fellow American
        86 words
      • Article
        Top Italian cyclist to retire
        69 9 GIUSEPPE SARONNI, one of the most popular and successful Italian road cyclists of the 1980s, has announced that he will retire following yesterday's Milan-to-Turin classic. The 33-year-old has a professional record of almost 200 wins, including a world road championship in 1982, the Italian tour
        69 words
      • Article
        No change in Langer's ranking
        115 9 THE US$BO,OOO Bernhard Langer collected for winning the Austrian Open golf title last Sunday was not enough to move him higher up the European PGA money list The German stays in fifth place with a total of U*****,525. That puts him just behind Ronan Rafferty,
        115 words
      • Article
        Ex-All Black may go to S Africa
        54 9 FORMER New Zealand All Black rugby captain Buck Shdford may play rugby in South Africa next year, the Evening Post newspaper reported in Wellington yesterday. The newspaper quoted unnamed sources as saying Western Province had approached Shelford to play for it in next
        54 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      102 9 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 10 Advertisements
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      Page 10 Advertisements Column 1
      271 10 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, PINE AND ENTERTAIN WHEBE TO WNEj DINE,... j Some like it hot M .*•< MBBMBBBMBS4 ~a I Spicv Szechuan dishes served at lunch and dinner dailv 1"' in the cool, inviting atmosphere of Szechuan Court. -»> Reservation, .'l3O 8310 or 338
      271 words
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      Page 10 Advertisements Column 2
      321 10 null PLUM'S iinniiiiiiiiiii DEEPAVALI DELIGHTS Spicy Indian Buffet October 12-28,1990 Lunch 12 noon 2.30 pm Dinner: 7pm 10.30 pm A quartet of chefs, have been flown in from Hyatt Regency Delhi, to prepare Northern Indian specialities as a tribute to the Indian community on the celebration of Deepavali 124* per
      321 words
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      Page 10 Advertisements Column 3
      299 10 It's Oldies but Goodies with the Velvets. v A talented >F Head for will keep you Club 5 and spellbound with journey back to their repertoire of thc good ole days! oldies every weekday, m e. f i i Happy Hours are still on froms to Bpm (Mon Sat). TT
      299 words
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      Page 10 Advertisements Column 4
      261 10 Hrhe freshest catch. Flower and Hairy crabs. ftauteed with asparagus... with ■Jnger and spring onion... Baked Jr BSKH ftnd stuffed... Stir-fried In piquant jS HKfl pepper... Or Just plain |G|^h Kteamed. If that doesn't grab you. P^KJR Bxxhlng will. wm -3i octar.lunchl»nn.. I 333 Qichld SBXL 55 T«fc 737 4411.
      261 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      558 10 TELEVISION AND RADIO cp mi t.OO NmiMMm. i* Poßta Hati. «H^P«Aiia4nto |V- WT/v l!! 1 SPCI2 tJO MappW Ahiaaa Oreat Cl—- 14! VW Sad. WIWHKKIWPI HA WU IllmS 1M PMThreeUp,Tw»Dowa. SS 735 StnMaiiL "fil T AAAAAAkJ MS laalgM (I) Newsnight: The Choice; h/w) Ml Nm. 7.10o«, 5.250 m, 1.30p«, —timm
      558 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon TV addiction gets serious attention
      958 11  -  Recent studies in the United States of people's viewing habits are finding that for the most frequent viewers, watching television has many of the marks of a dependency like alcoholism or other addictions, reports Daniel Goleman Daniel Goleman NYT THE proposition that television can be
      NYT  -  958 words
    • Article, Illustration
      Lock icon Armani changes direction and blazes a road to the future
      683 11  -  Bernadine Morris reports on Giorgio Armani's slender but not-too-tight dresses and their accompanying shorts Bernadine Morris NYT Giorgio Armani showed a four-star collection last week, bringing the spring and summer ready-to-wear openings in Milan to a rousing conclusion. The presentation
      NYT  -  683 words
    • Article, Illustration
      A bridge to honour de Gaulle
      634 11 A NEW BRIDGE across the River Seine will be named for General Charles de Gaulle to mark this year's anniversary of his birth, death and appeal to France to resist Nazi occupation. Paris Mayor Jacques Chirac announced last week that work on the new
      634 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      264 11 [AND EMTEBTAIN ■Bhaci i BBHSBB American Classics. Only AtThe Hubertus Grill. v AMERICAN MEAT PROMOTION SEPTEMBER to is October iwo DINNER 7 PM TO 10»PM FEATURING AN ALA CARTE MENU ALSO, STERLiNC SET DINNER POR tSSOO« POR RESERVATIONS. PLEASE CALL 732 1222 EXT IM2 y Ml ALL PRICES SUBJECT TO
      264 words
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      Page 11 Advertisements Column 2
      136 11 I $838 Mora for 10. 6 Free quart MarteO Cordon Bleu. Q (Only 5 tables Advaace orders required.) Q WIS Menu for I a Q Free quart bottle Chives Re«al or MarteO VSOP. Q fi 2 $281 Menu for 8. jflf BSC Free quart Chfvat Refal or MarteO VSOP. J}{
      136 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks close broadly lower on KL poll jitters
      4481 12  -  By William Chia SHARE PRICES on the Singapore stock market closed broadly lower yesterday following news from Malaysia that the predominantly Christian Parti Bersatu Sabah (PBS) was pulling out of the country's ruling coalition just before its general election on Oct 20
      4,481 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4012 13 Main Board CAC 330 26 8.0% Prima 540 +25 +4.9% Asia Pacific 775 +15 2.0% Cold Store 50* 215 +11 +5.4% SPH Foreign 840 +10 +1.2% NatSteel 580 +5 +0.9% Keppd Corpn 535 +5 +0.9% Spore Land 515 +5 +1.0% Parkway Loan 95 +5 +5.6%
    4,012 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      127 14 riiiiiinj Bata Yaar firaapNat Mat aanMagi Oraaa &a ii^— /I v MM IV pviii/IV99 |k| pti 9MW IIVIUVRU COM) (CMts) Rotonson Oct 9 Jun 90 $10,808(17.704) 21.7(155) 12(10) RoOmmrs M Oct 9 Jun 90 $36,269(126,171) 31.6(22.8) 76(25) M Bantu* Sap 29 Jun 90 M$172,134($80.584) 46.0(25.5 2Sti(18) BUT Sap
      127 words
    • Article
      PRELIMINARY RESULTS
      263 14 finppnj Date Year GrNf pre-tax Nat aaralags 6rati mm ta praftt/laM (L) par shara ('000) (caats) S8S Oct 11 Jun 90 14.140(14.809) 115(129) 7(9) LiM Oct 10 Jun 90 $2,444($1,256) 5.4(1.5) 2(1) HumeM Oct 9 Jun 90 M$43.130($16,105) 15.8(6.2a) 10.5(7 9a) MS8 Oct 5 )un 90 M$6,505 ($12,681)
      263 words
    • Article
      CORPORATE DEVELOPMENTS
      117 14 Oct 15 Skigapore Land has sold all its 77 luxury Arcadia apartments for JllOm to a Japanese buyer. Malaysia Mnfcig Corpn Bhd, expects to complete a feasibility study on its Ms3som copper sheet factory and a copper mine protect in Mengapor, Pahang in two to three months' time.
      117 words
    • Article
      RESULTS DUE
      361 14 Stopptri Stocks LartMYav Caapa* taW Mi T«r Nat EPS frwa Nat Mint (TNI) Laa«Hwl Mm Mv 30 Ok 89 535L(h) Mm Mi Mm Mil Mv 91 4.0 2.1 3.471(1} BS Fn) Sap 27 M 90 14 0 15TE 4,79b Canfeaa Fatal Oct 9 M 90 11.3(a) 9M(i) 33.777
      361 words
    • Article
      DIVIDENDS ANNOUNCED
      884 14 CwfMt Ex teaks Date Tatai far Utalfar payiat Ma daaa payafcli tkayaar lastyaar km 5%TE(I) Oct 19 Oct 31 Nov 15 5*TE *08 10t(b) Jan 4 Jan 18 Jw 28 10% 12% Mn 2.5* Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5
      884 words
    • Article
      INTERIM RESULTS
      527 14 CMpaqr Date Nitf-yMr (nap pra-tax latertai Ma te praflt/toM (L) dividend (tOO) Guthrie GTS Oct 11 Jun 90 $2,013($226) Unptom T«f Oct 5 Jul 90 M$8,115($6.523) M Resources Oct 2 Jun 90 MS6.231L ($7.6451) Innomt Bhd S«p 29 Jun 90 *490(1364) Mmm| Corp Sep 29 Jun 90 M$1,471L($154)
      527 words
    • Article
      BONDS, LOANS & WARRANTS
      628 14 BONDS, LOANS WARRANTS OCW frtora 28/4/83 1 —rwt —PJ9cak C— f I— r M I IP 2/10/S9 IB 20/10/94 1 wvrwt pla $1 call a 1 mm* pla SI IIMWnOf —11 «t If PlPCk Ctoa Hp 1 Mack 87 It 31/12/91 155 waia* 0m >155 a*. Ctoa N* MM 1/8/89
      628 words
    • Article
      APPROVED ISSUES
      346 14 Company Bglrti ISMM MaakM Orjrfan oiw^oronr^lioaio'piriim Atfits M of $1.00 nonarM amount of 5* Aadaamatti Unsecured Loan Stock 1990/1995 Mill om Transferal* Subacnpbon nghts tor eeery two ■sla« sham M Ei-date Ami 23 Books dosr Sop i fcceptanca Ptymont Oct 19 M Mta Onrtor-heo O 105.00 por Mn
      346 words
    • Article
      COMPANY MEETINGS
      145 14 Skigapore Ftanct Llt EGM at 16 Raffles Quay #2SOO, Hong Leone Mint. Singapore 0104 on Thursday, Oct 18, at 11am. MBf HMfs Bhd: EGM at the Penthouse, 23rd Floor, Ptaza MBf, Irian Ai*anh, ***** Kuala Lumpur on Thursday, Oct 18, at 10am. Hmk Laani Hnanc* Ltd: EGM at
      145 words
    • Article
      PROPOSED ISSUES
      403 14 Company Rights Issue Mcmi One-tor two MSI 00 par shire Issue of 40m CmmMnc fodnfiutate Preference Shares oI MS010 each at MSI pg share m IQw ifctachatfc TSR Mkm One-tor tour MS2.00 par *mt CjMMway he Capital redaction scheme to ratae par value ol shares from $1.00 to
      403 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      68 14 n SHORT SKIRTS ARE I HERE TO STAY But how short should YOURS be? A Hem-Raising Issue KNOW YOUR WAY 1 Sales Dos Don'ts t TI^^IGHT MATE DTO MMIT DOES YOUR •<! JOB SUIT YOU? if.V?wwYw Find Out if Your ~^p Personality is Right jSjil OCTOBER I ON SALE NOW
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower on news of PBS pullout
      3701 15 Bernama SHARE PRICES on the Kuala Lumpur stock market finished easier across the board yesterday on nervous selling by small-timers after news that Parti Bersatu Sabah would pull out from the Barisan Nasional to join the opposition front. "The PBS move caused
      Bernama  -  3,701 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      87 15 ■1 I a v «mmb» |H| I 1 1 1 I k V i Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages
      87 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index-linked buying drives stocks higher
      2255 16 Reuter TOKYO STOCKS closed well up but off their highs yesterday after profit-taking skimmed the top off gains made on the back of a stronger yen and an easing in oil prices. Financial and domestic demand-linked issues led the gainers and were joined in the
      Reuter  -  2,255 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng Index jumps 33 points in light trading
      2286 16 Reuter HONGKONG stocks closed higher yesterday, bolstered by paper-thin trade and a virtual absence of sellers. The Hang Seng Index, the market's blue-chip stocks gauge, rose 33.19 points to 2,949.57. "There was no selling whatsoever in the afternoon,'* said Antony Mak,
      Reuter  -  2,286 words
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  • REGIONAL STOCK MARKETS
    • Cut in official rates boosts Aussie stocks
      • Article
        AUSTRALIA
        859 17 THE AUSTRALIAN sharemarket yesterday ei\joyed a belated rally on the back of Monday's cut in official cash rates and strength in the Tokyo market. Brokers said Monday's sell-off had been overdone and, despite weak early trade, buyers were lured from the sidelines encouraged by weakness in the Australian dollar.
        859 words
      • Article
        MANILA
        521 17 PHILIPPINE shares closed mixed yesterday with most traders worried about local oil companies' petitions for new petrol price increases amid the Gulf crisis. The main Manila Stock Exchange Composite Index shed 1.79 points to close at 535.66. Some traders were inspired by New York and Tokyo stocks' gains and
        521 words
      • Article
        JAKARTA
        626 17 PRICES on the Jakarta Stock Exchange fell further in thin trade yesterday, taking the BT Index down 6.92 points to 659.03. The official index was unavailable because of computer difficulties at the exchange. Jakarta International Hotel resumed trading after shareholders approved a quadrupling in the number of issued shares.
        626 words
      • Article
        Untitled
        86 17 CltM ftsrt— Oct 14 SYDNEY All Ordinaries Index 1,336.7 I.32L2 -I-13.3 All Industrials Index 2,007.9 1,979.9 21.0 AH Resource* Index 816.1 809.6 6.3 Turnover (million) 12.78 60.44 22.34 BANGKOK SET Index 633.80 632.73 +IXW Turnover (million) 48.3 27.16 +21.34 JAKARTA Composite Index NA 419.24 Turnover (nearest *000) NA NA MANILA
        86 words
      • Article
        BANGKOK
        643 17 THAI stocks yesterday closed slightly higher in thin volume dominated by the finance sector. Turnover stood at 48.5 million shares valued at 2.26 billion baht. The SET Index gained 1.05 points to close at 653.80. Advances led declines 72 to 55. "Heavy gains in the finance sector were trimmed
        643 words
      • Article
        NEW ZEALAND
        269 17 NEW ZEALAND shares ended slightly higher yesterday following improvements on overseas markets but local investors lacked real buying conviction. "It was not hammered on the sell side and there was some modest buying in the afternoon," Peter Halligan of Buttle Wilson said. The Barclays Index ended 6.59 points
        269 words
      • Article
        SEOUL
        832 17 SEOUL stocks yesterday lost ground on profit- taking in active trading as investors waited for possible results to come out of an unprecedented trip to North Korea by South Korean Prime Minister Kang Young-hoon, brokers said. The Composite Index dropped 8.10 points to 638.29, with volume very high at
        832 words
      • Article
        Untitled
        299 17 I f la local camaey la SI la USI dmy year fey ymt fey ywr Oct IS lafei chaat chaat cfeaf chafe chaay chaaft World 344.3 .25.9 0.6 -27.1 0.1 -20.4 |EAFE 466.7 1.6 -31.5 1.3 -30.1 1.6 -22.9 Europe 371.1 0.4 -17.6 -0.4 -13.7 -0.1 -4.1 Pacific 761.9 2.5
        299 words
      • Article
        TAIPEI
        384 17 STRONG pains by small-capitalisation stocks earned the Taiwan stock index higher for the fourth consecutive day as speculative investors hoped to cash in on the recent upward trend, dealers said. The Weighted Index advanoed 79.49 points, or 2.9 per cent, to end at 2,768.09 against Monday's 2,688.60 finish. Turnover
        384 words
      • Article
        BOMBAY
        94 17 BOMBAY share prices fell sharply on Monday after the government raised the prices of petrol and petroleum products by 25 per cent to meet the growing coat of India's oil imports. The steps, announced on Sunday, affected market sentiment when trading resumed on Monday, broken said. The Bombay Stock
        94 words
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  • WORLD STOCK MARKETS
    • Lower oil, gold prices give Dow a fillip
      • Article, Illustration
        NEW YORK
        1155 18 WALL STREET stocks closed higher on Monday after a roller-coaster session that saw the Dow Jones Industrial Avenge fall by more than 36 points and rite by more than 37. Analysts said traders were encouraged by lower oil prices and cheaper gold. Earlier, the-index fell on worries about
        1,155 words
      • Article, Illustration
        LONDON
        794 18 LONDON stocks yesterday morning retreated from earlier highs in light nervous trade as the market reacted to economic data, a forecast mixed opening on Wall Street and talk of a broker's sell program. By 1216 GMT the FTSE 100 had lost 12.7 points to 2,089.2, below the 2,100-point support
        794 words
      • Article
        Untitled
        78 18 t* Oct IS QM PHH— +A mv vow Dow Jom 2,416.34 2,***** +1132 NYSE Fi—rial 107.09 106.39 +0.70 SAP 300 303.23 300.03 +3.20 Turnover (million) 163 l«7.9 -22.9 L0NMN Financial Tuna 30 1,627J 1,***** +12 FTSE 100 1101.9 *****4 +1.3 Turnover (million) 313.3 374.1 -39.3 AMSTERDAM CBSAMhnt 93.6 94.3 IJ
        78 words
      • Article
        AMSTERDAM
        242 18 DUTCH share prices shed small morning gains yesterday as a little midsession selling put pressure on a market where volume was again extremely light. "Prices are retreating a little in London and Frankfurt which is having a knockon effect on the market here, one trader said. Other players said
        242 words
      • Article
        FRANKFURT
        299 18 GERMAN shares yesterday ended a quiet trading session 1.2 per cent below Monday's closing levels as small selling orders in a thin market weighed on prices. "It was an very quiet day. Volumes were tiny, there was no buying interest, it was utterly boring," one trader said. Dealers said
        299 words
      • Article
        MILAN
        227 18 CONTINUED worries about the Gulf crisis and tension in the five-party Ital- ian coalition depressed shares at the opening of the November trading account yesterday, broken said. "There's very little activity," one operator commented. The MIB Index was down 0.2 per cent at 1030 GMT, with 54 per cent
        227 words
      • Article
        ZURICH
        280 18 SWISS shares yesterday traded slightly lower at midsession in lacklustre trading as the situation in the Gulf and uncertainty about the result of the US budget talks weighed on the market 4rilfn said The SPI All-Share Index was 2.9 points easier at 937.2 and the blue chip SMI Index
        280 words
      • Article
        PARIS
        144 18 FRENCH share prices slipped back at midsession as the Bank of France announced a widely-expected reduction in its reserve requirements for commercial hanlr* t dealen said. The market is hoping that the banks will follow-up by cutting their interest rates by a quarter point The CAC-40 Index was down
        144 words
      • Article
        STOCKHOLM
        124 18 THE Stockholm bourse General Index moved lower in thin early trade yesterday, mainly as a result of higher domestic credit yields, dealers By mid-morning, the bourse General Index had lost 0.55 per cent to 957.98 in moderate turnover of 117 million crowns. Blue chips were down 0.76 per cent
        124 words
      • Article
        TORONTO
        210 18 A SHARP downturn in oil, pipeline and gold shares weakened Toronto stocks on Monday and kept the market from following a thinly traded tally on Wall Street, deafen said. There was enough good news that it should have reacted better,** trader said. The Composite Index lost 15.1 to 3,032.8
        210 words
      • Article
        Untitled
        363 18 Brussels Oct IS Vnma FQtWMD MARKET 2700 -15 AAed 2990 +10 A*u? >074 -26 Bratcan 405 -6 Qmk 496 +10 Cock 150 unch De Beers Ebes. 4000 +5 Gb-lnno-Bm 1194 -6 Gevaett 7250 unch Gt Btu Lamb 3225 -10 50 Ryl Dutch 2475 -30 Skbo 1770 +20 Soc Gen Bdg
        363 words
  • Page 18 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback firm against yen, steady against mark
      1205 19 FOREX MARKET REPORTS THE US dollar yesterday firmed against the yen in quiet trading during the European morning's trade, but was little changed against the mark, dealers said "The dollar was oversold against the yen and it might recover to 130," said Yasushi
      1,205 words
    • Article
      INTERBANK FOREX RATES
      387 19 Crott ritw oa i6 USS SS MS Dm Yen SFr AS NZS USS 1.7230 2.6973 1.3260 127.90 ***** 1.2900 1.26S2 1.6461 SS 0.3104 1.3636 0.8S37 0.7423 0.2992 0.7487 0.7361 0.9334 MS 0.3707 63.S7 0.5637 0.4741 ***** 0.4782 Q.4702 0.6102 Dm 0.6333 1.1291 1.7677 83.81 0.3378 0.8433 0.8311
      387 words
    • Article
      MONEY MARKET
      552 19 Interbank rates Bid Offer Overnight 6 3/8 6 1/2 1-month 6 1/2 6 3/8 2-month 6 1/2 6 5/8 3-month 6 1/2 6 5/8 Overnight mode: 6-7/16 U8I Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8 1/4
      552 words
    • Article
      Lock icon Japanese investors sticking to loans and short-term instruments
      484 19 Reuter JAPAN'S institutional investors, rattled by the plunge in Tokyo financial markets this year, are sticking to loans and short-term instruments despite recent recoveries in stock and bond prices, fund managers said. This reluctance to invest, amplified by a struggle by local
      Reuter  -  484 words
    • Article
      FINANCIAL FUTURES
      1173 19 E EX Open Hifh Low Set t Eat Vol Op/Int Vol Dec 90 92.00 9101 91.98 91.99 7040 ***** "5002 Mar 9 i 9113 9116 92.14 92.13 3150 9213 3158 Jun 9 92.09 9110 9101 92.09 819 3516 1184 Sep 9 91.92 91.94 91.91 91.92 406 733 323
      1,173 words
  • Page 19 Advertisements
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  • COMMODITIES
    • Article
      Lock icon 'Sand dumps' sale helps Rand Mines turn around
      445 20 Reuter SOUTH AFRICA'S Rand Mines Ltd said its gold mines reported a combined taxed profit of 1.9S million rand for the quarter ended Sep 30, following a 16.63 million rand loss the preceding quarter. Results were helped by the proceeds from the
      Reuter  -  445 words
    • Article
      Lock icon Jakarta set to overtake KL in rubber output
      161 20 Reuter INDONESIA is set to replace Malaysia' in 1995 as the world's largest rubber producer. Jakarta hopes to increase its annual production of natural rubber from the current 1.3 million tons to 1.6 million tons in 1995 and 2.0 million tons in
      Reuter  -  161 words
    • Article
      Lock icon Coffee growers eye E Europe
      85 20 Reuter THIRD WORLD coffee growers told a one-week coffee workshop in Moscow on Monday that they would like to boost sales to Eastern Europe but feared a lack of hard currency might deter buyers. Coffee trade representatives said that increased sales were a possibility following
      Reuter  -  85 words
    • Article
      Stronger LME lifts KL tin to M$16.64
      837 20 REPORTS TIN PRICES on the Kuala Lumpur Tin Market continued to rise further closing 30 sen higher at M 516.64 a kg yesterday. Dealers said a stronger close on the London Metal Exchange overnight boosted buying support locally. Short-covering activities on the LME
      837 words
  • Article
    PRICES
    1276 20 Rubber octie M»(hHakalaa) Sccnta/kg Noon Qbw Int 1 RSS Prompt 153.00/I54.00N IS3.00/I54.00N lot 1 RSS Nov 90 133.OCVIS3.SO IS3.00/I53.50N lot 1 RSS Dec 151.7VI52.2J ISI.WISIOON Int 2 RSS OP 144.50*150.SON 14«.0(y150.00N Int 3 RSS OP 144.00/146 OON 143.50/I4S 50N Int 4 RSS OP 140.00/142. OON 139.50/141.SON tot 3 RSS
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  • Page 20 Advertisements
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      203 20 The all-new PAP Kindergarten Programme Bo—don the new English Language Arts and Mathematics Syttabuses prepared by the PAP Community Foundation. The Federal Pre-School Programme is a carefully structured two-year programme designed to introduce basic language skills and mathematical concepts to pre-schoolers. The programme comprises 16 books 8 books for K1
      203 words
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      Page 20 Advertisements Column 2
      9 20 Managers must manage. BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAQE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      307 21 «5 nm m nm m 1 < mamtM QA606 1226 on 2036 Dmtkutm 0*695 1228 MMM I QA624 iTSo eld Htit M06 I ***** 2126 6U20 2030 S95 6N267 1406 CX712 1600 CX713 1455 8N2M- 1010 RA407 1730 CW63 2240 O JU611 2260 iMtey TK670 1506
      307 words
    • Article, Illustration
      Queueing at the gate of capitalism
      508 21  -  LETTER FROM BUCHAREST By Roxana Dascalu IF CAPITALISM ii heaven, thousands of Romtniam were queueina it its gates on Saturday for Bucharest's first international trade fkir since emerging from a communist hell last December. Ordinary people were eager to see and touch Western consumer
      508 words
    • Article
      MONEY CHANGER RATES
      149 21 A A AA Mi-ft in n jprn jwiwnnji Load dollar* to om mit of fonts* ewmcy Cumoatai Bid Offcr 2255SB 38S I.jtio Canadian dollar 1.4730 1.9030 NZ dollar 1,0)00 1.0600 Starting pound 3.S2SO 3.33)0 UidoBw 1,7200 1.7)00 Laari Mm io too Mii> Austrian schilling 13.10 16.10 Milan
      149 words
    • Article
      WORLD TRADE EXHIBITIONS
      37 21 Suritton Tllit Vtnm Qfntwf Til Dwttton Tfflt Vnw Or—T* (MIMO DM Ma MM» (*IHI jgtfg* KSl Twhnxal PUf m»*»n A« gj*gj* Cto I (HO t)*u PreMMlni YupitavUi /Jtnitoicfcl 41/JIIIM »mJ tSuSm Offl« Nutpnwnt Vdmum
      37 words
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      157 21 t/Hf v ,v w TORC )N I s-H:;:., 1 \I: I I 111 < M I! i I! M NJ>/ Air Canada UP. LIVING IT ffiSC EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll
      157 words
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      Page 21 Advertisements Column 2
      82 21 FOR BITS AND Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION
      82 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      178 21 what's left (9) beauty (4,3,6) YESTERDAY'S SOLUTION 27 Entrance made by honour- 8 One transaction first made ,MIIWII 3 SWU WN able man before a service by a man of vision (8) IrM Irlclulmlsltlalnltl laIlM (5) 9 Commercial venture cer- MgiiirßMuULUlilHi^H 28 Standard feature of the es- tain people find
      178 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      210 21 Singapore Ovtiook Showers over several areas ia the late morning and afternoon. Forecast Max temp. 32.8 assoc humidity...... 64% min temp. 25.(FC assoc humidity...~~. 95% hri of sunshine 6.00 rainfall in mm 0.3 rainfall this mth. 3.7 rainy days this mth. 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/13 Windy
      210 words
    • Miscellaneous
      Page 21 Miscellaneous Column 3
      6 21 ■srKJSSSu, <g« SSK£SW«S.Se. N COUJMrft.... HOUOWfC.
      6 words
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  • Article
    Lock icon Congress all set for bruising budget fight
    591 22 Threat of another government shut-down looms Reuter THE US CONGRESS has geared up for a new battle over taxes and spending cuts that could force the government to shut down this weekend. "We're going to have probably the most difficult week we've had
    Reuter  -  591 words
  • Article
    PBS move clouds Sabah political scene
    477 22  -  Fran Shoeb Kagda ln KOTA KINABALU PARTI BERSATU Sabah's (PBS) decision to break ranks with the ruling National Front coalition, while gaining widespread support from the around, has clouded the political landscape in the East Malaysian state. In an exclusive interview with BT, PBS
    477 words
  • Article
    Map gives clue to how Saddam might bargain
    496 22 The Gulf Crisis A NEW post-invasion map of Iraq drawn by the Iraqis splits Kuwait in two and has left analysts wondering if Baghdad might be induced to settle for only one chunk of it The re-drawn administrative map of Iraq shows
    496 words
  • Article
    Lock icon Mahathir unveils 15-year industrial plan for Johor
    240 22 Reuter MALAYSIAN Prime Minister Mahathir Mohamad launched yesterday a 15-year master plan to turn the southern state of Johor into an industrial powerhouse. "The government will now be more active in boosting economic growth," Dr Mahathir said in a speech at the launching
    Reuter  -  240 words
  • Article, Illustration
    Mandela honours Gandhi
    42 22 South African anti-apartheid leader Nelson Mandela lays a wreath at the New Delhi memorial to India's independence leader, Mahatma Gandhi, yesterday. Mr Mandela, who like Mr Gandhi was imprisoned for his activities, is in India on a five-day visit.
    42 words
  • Article
    Lock icon HK's first short-selling conviction
    109 22 Reuter THE SECURITIES and Futures Commission, Hongkong's securities watchdog, has announced the colony's first conviction for short-sell-ing. Leung Kan Kee, who pleaded guilty to short-selling securities on 10 occasions in March and April, was fined HKS 10,000, the maximum allowed, a commission statement said. Short-selling involves
    Reuter  -  109 words
  • Article
    PM Lee receives 19-gun salute outside the Great Hall
    260 22  -  F ran Yong Pow Ang m BEUING PRIME MINISTER Lee Kuan Yew wai greeted with a 19-gun lalute outside the Great Hall of the People in Beijing yesterday, shortly after he arrived in China for a nine-day visit Accompanied by Chinese
    260 words
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      Page 22 Advertisements Column 1
      31 22 JD_ Baume Mercier QENEVE 1830 East bloc needs USslob in aid next year EC, Pg 7 Tokyo finalises bill on military aid, Pg 7 Saddam Hussein: catalyst, not cause, Pg 8
      31 words
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      Page 22 Advertisements Column 2
      115 22 (D Baume Mercier QENEVE 1830 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS I Stories on labour and its relationship with 1 I management, management concepts in practice, ft I S) profiles of leading managers in Singapore and j V relevant book reviews. I~~\ ENTERPRISE MANAGEMENT, in Business jr n \w— y
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  • Shipping Times
    • Article
      Lock icon KPS in US$30m tie-up to produce steel boxes
      397 23 Bernama KUMPULAN Perangsang Selangor Bhd (KPS) has formed a US$3O million (MsBl million) joint venture with a government-owned industrial group from the Chinese province of Liaoning to produce steel containers. KPS managing director Haji Zabir Bajuri said yesterday that the joint venture,
      Bernama  -  397 words
    • Article, Illustration
      PSA upgrades Pasir Panjang facilities
      384 23  -  By Selva Kumar WITH conventional cargo traffic expected to grow to 19 million tonnes in 1992, the Port of Singapore Authority is spending $70 million to improve handling facilities at the Pasir Panjang Terminal. The terminal will be fully equipped to handle containerships as well,
      384 words
    • Article
      British Airways campaigns to cut repair bill
      222 23 BRITISH Airways has launched a programme aimed at reducing its £2.5 million annual repair bill for damaged freight and baggage containers. Over the last 12 months, 10,846 Unit Load Devices (ULDs) have been taken out of service for repair. And apart from the
      222 words
    • Article
      TNT invests in Manila project
      266 23 TRANSNATIONAL Transport (TNT) Ltd, an Australian firm, has teamed up with a state-owned Filipino firm to make Manila one of Asia's major cargo transshipment points. TNT has announced in Manila that it will invest US$lOO million in the US$l5O million project, in partnership with the
      266 words
    • Article, Illustration
      S'porean heads world freight forwarders group
      229 23 A SINGAPOREAN has been elected incoming president of the International Federation of Freight Forwarders Associations (Fiata) for the first time. Mr Tan Kay Hock, who is the managing director of IFB International Freightbridge, was elected Fiata's incoming president last month in Glasgow. Next October,
      229 words
    • Article
      Lock icon Boeing gets US$22b nod for 777 jetliner
      491 23 AP A US$22 BILLION ORDER from United Airlines the biggest in aviation history gave the Boeing Co the go-ahead for its new 777 jetliner, a plane Boeing hopes will be the basis of a new, high-tech family of aircraft for the early 21st
      AP  -  491 words
    • Article
      Lock icon McDonnell loses options for four MD-11s
      196 23 Reuter McDONNELL Douglas Corp has confirmed that an airline customer cancelled options for four MD-11 wide-body jetliners in the past month. The options for the planes, worth some US$lOO million each, were dropped for reasons that the company could not disclose, said Elayne Bendel,
      Reuter  -  196 words
    • NEWS SUMMARY
      • Article
        The national airline without a nation
        40 23 FOR A NATION stn*gling for its very existence, keeping its small airline aloft may seem an odd priority. Still, the Kuwaitis see their bhie-and-white Boeing 747s as 340-ton symbols of national sovereignty. Page 2
        40 words
      • Article
        US,EC to meet again over Airbus subsidies
        53 23 THE US and the European Community will reopen talks this month towards ending alleged EC subsidies to its aircraft maker Airbus Industrie, according to US Trade Representative Carta Hills. US negotiators will go to Europe for talks at the end of next week.
        53 words
      • Article
        Soviets to re-enter Pacific trade
        41 23 tt. ,|ia. seme IT MM SOVIET shipping companies soon will be back in the transPacific, but not as the rate-cut-ters they were in the *****, said Gennady Gerasimchuk, Soviet Deputy Minister of Merchant Marine. Back Page
        41 words
      • Article
        A help to the computer Industry
        35 23 EXPRESS LINES takes a kx* at bow microcomputer manufacturers can tap air express to offer dealers quick turnaround on component parts sent back to tbem for repair. Back Page
        35 words
      • Article
        Canadian Airlines to trim staff
        27 23 CANADIAN AIRLINES International Ltd, Canada's second largest airline, will reduce its staff levd by as much as several hundred people. Back ftp
        27 words
    • LOG BOOK
      • Article
        Five US airlines allowed to fly to Japan
        104 24 FIVE US airlines have been authorised to open passenger and cargo routes to Japan. United Air Lines, Delta Air Lines and American Airlines were granted permission to open routes to Tokyo, the US Transportation Department said on Monday. Delta, America West Airlines
        104 words
      • Article
        Portugalia leases Fokker plane
        77 24 DUTCH planemaker NV Koninklijke Nederlandse Vliegtuigenfabriek Fokker said Companhia Portuguesa de Transportes Aereos (Portugalia) had ordered one Fokker r 100 plane from lease company GPA Fokker 100 Ltd. »Delivery of the 103-seat plane will take place in December. Portugalia began operations in July with two Fokker
        77 words
      • Article
        Dasa task force to help E Germany
        66 24 DEUTSCHE Aerospace AG (Dasa), a Daimler-Benz AG unit, has set up a task force to help eastern Germany build up its infrastructure. Dasa said in a statement that the task force will support the former East Germany in planning and building projects in
        66 words
      • Article
        F Express to try alternative fuels
        83 24 FEDERAL Express Corp said it will use alternate fuels, such as natural gas and methanol, to run 120 of its delivery vans in southern California, which suffers from some of the worst air pollution in the United States. Under the twoyear demonstration project, 20
        83 words
      • Article
        USAir seeks to cancel CCAir deal
        96 24 USAir Group Inc has filed a court motion for permission to end its USAir Express agreement with CCAir Inc, saying that the carrier had cancelled too many flights. USAir said its agreement with CCAir required that the airline complete 96 per cent of flights,
        96 words
      • Article
        Repairs to Mahsuri underway
        58 24 REPAIRS to the Singapore-registered container vessel Mahsuri, which suffered damage when it ran aground on Sep 13 off Singapore, are expected to be completed at the end of the year, Lloyd's Shipping Intelligence Service said. All cargoes were discharged before repairs to the 116,114dwt vessel started.
        58 words
    • Article, Illustration
      Lock icon The national airline without a nation
      792 24 For a nation struggling for its very existence, keeping its small airline aloft may seem an odd priority. Still, the Kuwaitis see their Boeing 747s as symbols of sovereignty. NYT AT THE wellappointed Park Avenue offices of Kuwait Airways in Manhattan, reservation agents wait
      NYT  -  792 words
    • Article, Illustration
      Big business in small parcels
      489 24  -  From Florence Chong in SYDNEY OVER THE next three to five years, international courier companies expect small parcels and packages to overtake document delivery. Certainly, the volume would equal that of documents carried by these companies. So much so that TNT Skypak recently set up
      489 words
    • Article
      Lock icon WEEKLY FREIGHTS
      746 24 AFP ACTIVE enquiry supported freight rates on the dry cargo market over the past week, prompting a rise in the Biffex (Baltic International Freight Futures Exchange) index to its highest level for seven weeks, traders said. The index gained 46 points over the week, to 1,217 points. The
      AFP  -  746 words
    • Article
      THE SHIPPING GUIDE
      9613 32 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 erf" Singapore. Advanced dates are published for a maximum
      9,613 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        560 39 fcwd Py III Ml Owiwl Pgartw M Wy lb grt fcitwl Departs KmmI Wharvw Iranwar 12/90 P2C 16.10/1130 16.10/2300 Com, 1 K29 itofsde 17.10/0800 fear Adada 508 P48 16.10/2359 1110/1000 Onlta 1 K30 atongade 16.10/2359 Tpd Rom 11/90 P28 16.10/2359 17.10/2300 Kota 8*6 E-889 *32 atongade 21.10/0600
        560 words
      • Article
        CONTAINER SCHEDULE
        1029 39 ■ECHMMQ Of EXPOUT FCt. COWTMHEItS *ND IXt CAKCO Record bts 9* Voy No Etb/Btr Mod From To From in, On 46 17/1500 2 15/1700 16/0659 16/0900 4 16/1200 16/1459 16/1700 Aa Jade 17A 17/2300 1 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Aa Rose
        1,029 words
      • Article
        IN MALAYSIAN PORTS
        377 39 Pwt King Bar* at Sad) Pert ea Oct 15:1: Espotr 2: Phuket Navee: 4: Cheung Hnc 6: New Lira No 1, Sinar Mega; 7: Hong Soon Ik Metoka Jaya. KCT: Thana Bhum; 9: Malaysia Glory; 10: Press Arther. Nvth tat 11; I Xing; 13: Hong Qi 186;
        377 words
    • Article
      DAILY FREIGHTS
      899 39 DRY CARGO freight rites were firmer on Monday as the market was supported by a stronger grain fixture, dealers said. The US Gulf? Japan grain route was reported fixed at U5522.75, up 1.50 from the last recent fixing for this route. The BFI rate for the route was
      899 words
    • Article, Illustration
      Lock icon US, EC to reopen talks on alleged aircraft subsidies
      245 40 Reuter THE US and the European Community will reopen talks this month towards ending alleged EC subsidies to its aircraft maker Airbus Indus-, trie, US Trade Representative Carla Hills said on Monday. She told a news conference in Washington that US
      Reuter  -  245 words
    • Article
      Lock icon Soviets to re-enter Pacific trade
      402 40 Journal of Commerce SOVIET shipping companies soon will be back in the trans-Pacific, but not as the rate-cutters they were in the *****, said Gennady Gerasimchuk, Soviet Deputy Minister of Merchant Marine. Mr Gerasimchuk, the No 2 man in the ministry, said the Soviet lines
      Journal of Commerce  -  402 words
    • Article
      A help to the computer industry
      445 40  -  LINES By Malcolm Rees The writer of this fortnightly column is general manager of DHL International WHILE air express firms can play an important role in a company's distribution strategy, just how would the logistics be worked out for specific industries? Today we look
      445 words
    • Article
      Lock icon Canadian Airlines to trim staff
      93 40 Reuter CANADIAN AIRLINES International Ltd, Canada's second largest airline, will reduce its staff level by as much as several hundred people. Company spokeswoman Ruth Montgomery said in Calgary on Monday that while the company has not yet determined how many jobs will be eliminated, she
      Reuter  -  93 words
  • Page 23 Advertisements
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      112 24 FOR WHO, WHAT, WHERE AND WHEN i > i I CP I IN THE MARKET. r v ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the I economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean
      112 words
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      2118 25 \lllf/ 200 Cm Road #12 06 So.thpo.Tt S»wwi 0201 Tal *****11 TELEX NO RS ***** FCBSIVI TERMINAUCFC T«I *****1s 220 CvS# J G AGENCIES SON. BHD. CORT KELANG TEL 30(111 TELEX NO. MA3M77/MA»7OI PENANG TEL *****4 TELEX NO MA***** CFS TEL 34*06 J i.TTT/LJilv |nff?jrn?sl PCUDANG TEL. *****2/3 TELEX NO
      2,118 words
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      Page 25 Advertisements Column 2
      1238 25 INDEX TO ADVERTISERS Page Col Page Col i*i i i i ABC Conttinertine 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macotine 18 2/3 Ahrenkid Liner 16 2 Madju Sdn Bhd 16 1/2 AlbatrosSea-Air 14 5 •MaerskLine 3 4/5 Alfred C Toepfer 15 5 Mainfrcighl 15 4 APL
      1,238 words
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      Page 25 Advertisements Column 3
      2174 25 ■Wimirog I V»m*i Voy ETA ETC 'Port 'PwMng DESTINATIONS <ys -mlO rm hrs m tmto oak lob mou MEM ATL MtA CHB bal pml kyc mom Ton LARS M 9010 23/10 24/10 IS/10 120/10 10/11 12/11 15/11 16/11 1«/I1 20/11 22/11 23/11 2S/11 SH 29/11 28/11 METTE M 9008 30/10
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      1091 26 111 I ROTTERDAM/ VOY WO S PORE P. KELANO SOUTHAMPTON HAMBURG BBEMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 07/524 18/10 12/11 «/11 8/11 5/11 11/11 KURAMA 07/528 21/10 7/11 9/11 11/11 12/11 14/11 OSAKA BAY 98/527 25/10 19/11 13/11 15/11 12/11 18/11 HONG KONG EXPRESS 97/531 28/10 14/11 17/11 18/11 MONTE
      1,091 words
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      Page 26 Advertisements Column 2
      554 26 DIRECT $PMTH PAglHp SERVICE SIN NOU SUV PPT SEASPAC II 28/10 8/11 10/11 15/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PACO PAGO, APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Alto accepting CarfD to CjIUo (Pani) via Vatpa Agents: SINGAPORE: fIMMOB VS.
      554 words
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      Page 26 Advertisements Column 3
      1405 26 1 H waaia jmtw REGULAR MOEPENOENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL DOT ANT HAI BK UM MA (VU (VIA ALQ ROT) NAM) N. SHARJAM 9033 3 22/10 U/ll 14/11 19/11 21/11 24/11 23/11 25/11 21/11 N. MUBARAK 9034-3 30 10 20 11 23/11 25/11
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1731 27 S— Steamers Maritime Holdings Ltd] WTPiO I |P MSTRAITS SHIPP NG||l Containers Mr I «oy No P Mm| Sport rton Ktuf| Stan* Lak CARGO I MWLOON BAY VIS* HOX-11/lO I*lo 14/11 o*ll *11 <*11 I*ll ta Pt 19 Oct I KURAMA W/SJt MOX-WO 21/10 01 11 o*ll 11/11 STRAITS VENTURE
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      Page 27 Advertisements Column 2
      1559 27 SP LH ROM HAH B'HVN FLX SPORE NX MO KN Kl choyang success biiw nn» tm yu wu wu uiu choyang chance b«e zvm an* vn» mm 2/11NANJIN HAMBURG MM 27/10 14/11 li|U K|U II|U W1 HANJIN lEMAVRE ME 2*l* W «U S(U l|U HANJIN ROTTERDAM UIW 6|U Sjll &|U
      1,559 words
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      Page 27 Advertisements Column 3
      389 27 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY UfTS VESSEL ASIAN COSRNC MURIEA EAST STAR CHALLENGER RAJMO* VOY. NO. 115 2 2 U Sport M/M 27/ M 2RfIR BfM P Kaianf 24/10 2S/M 22/10 CMttapnf 1/11 Calcutta ft Yokohama 13/11 I*ll Nafoya IS/11 17/11 Ouka iyu Sonboku 1211 Tokyo
      389 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      623 28 CM NM *****81 OMO-O EXPRESS tf I CfHT'WW* SERVICE TIEIRRPE P vol/voy rron imawaomi m-ourc mokn Antwerp, Mr- Isasl w y g g 2 FAST TRANSIT TIME ACCSPTMO SNEAK BULK/COMTAMCMISED CAROO SHBILT Nl' < < c"' ALSO ACCEPTING BOTH CONTAINOB. CONVENTIONAL CAROO VIA T/S TO UK FONTS, NULL LE HAVRE,
      623 words
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      Page 28 Advertisements Column 2
      590 28 IffIVHANIIN SHIPPING 1 FULL CONTAINER SERVICE S>*r«| LaMavra R'tfai HW| BUmm FNmm FEEOU V9L SN UNC HAUL LAX OAK CNOVANG SUCCESS 9UW 21/10 1/11 ¥11 10/11 12/11 U/U CMOYANC CHANCE 9NE 22/19 N. StATTU N« 11/U 11/U NANJIN HAaBURC MM a/10 I¥U 11/11 17/11 1 ¥11 2Q/11 NANJIN IE HAVRE
      590 words
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      Page 28 Advertisements Column 3
      1123 28 J -IH-T33*^fi mSffIET I ALSO ACCEPTING CAROO TO: I wowoCTct. ibmh. bmrnmrn. rostmi mummm. ww joanwwm. nomtkal. Toronto vm rm mm fl MUMN6TON. OtRMUUA. ETC a ATLANTA. CMCMO. DETROIT. COLUMRUI t OTHER MUM MOO—IOOI DESTINATIONS I I(%11I J** nx ROM ANN LNVllYClin^CH^iai^TV^^Oil^RUS^kaß^NN^^a^^^M r t I|UIVUUfUWIWIM/U2S|UZ7fUWIM|UWUMIA Jfl I lisfe" nilitlilHf Jiiil
      1,123 words
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      Page 29 Advertisements Column 1
      1693 29 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) S: BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 ma AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.t-(03) *****33, P.Kelang-(03) *****87,
      1,693 words
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      Page 29 Advertisements Column 2
      1170 29 m SINSQV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOfl WESTBOUND J VESSELS VOYAGE |SK*t |MMIU M«o* VOYAGE SPORt PKLAK HWK rNAVEN TUIWT BOTT tMTWOf t
      1,170 words
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      1310 30 HP Vi I mm V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR Mo 1244I*****0M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 j I W\J MALAYSIA: HARPER WIRA SON BHD LJHkft-M 4b TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. ,NOONESIA T WUT TBMIUW JKT *****42 5707,77
      1,310 words
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      Page 30 Advertisements Column 2
      132 30 conunemai racmo Shipping TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR GEORGE L Sid SM In Pt ROM/ANT/FLU/UK PAN EDVARDA 26/10 2»/10 RDM/ANT/FLU/UK STORK 25/10 SETE/ROM/ANT/FLU/UK Loads Satah/lndonwia MULTIPORT AGENCIES (S) ®.PTE. LTD. .TEL: *****77 FAX: *****31 IP.K. MULTIPORT SON BHD. TEL: *****00 TLX: MA ***** MULTRA
      132 words
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      Page 30 Advertisements Column 3
      128 30 REGULAR CONVENTIONAL SERVICES IS'pore P Kelang Loading for I SERAFIM 20/10 23/10 Sete/Antw/Rdm/UK/Nantes I HYUNDAI IS 30/10 2/11 Antw/Rdm/UK/Nantes J I S pore Loading foe I I GOLDEN FOUNTAIN 20/10 Muscat/DubaifDamman I I NORMAN MARINER IJ/10 Hodeidah/ieddah I IS'pore Loading for I PAN MARINER Los Angeles/New Orleans/ I Charleston/Norioik/Camden I
      128 words
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      Page 30 Advertisements Column 4
      1127 30 rsm PHIU-OM€NT UN€S PTC LTD 106 ROBINSON ROAD 807-00 GMGBUIICMNG SINGAPORE 0106 I TEC: *****22/*****69/*****00 TELEX: RS ***** PHIU FAX *****7******38 ~V BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Sgy 20 OCT MONTREAL, Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO. 1
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      1480 31 SSSSDII PACIFIC INTERNATIONAL LINES (PTE) LTD BSSSBgmI JiP rl 140 Cflcil ggg *XHX>, Singapore 0106. 1 VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EMM 8034 Is/10 22/10 24/10 PEOASUS PROGRESS 030N 20/10 21/10 27/10 DELTA MAS 177* 21/10 20/10 20/10 KOTA MA 14N 21/10 24/10 20/10 KOTA
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      911 31 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** VOY SPORE P.KLAW6 SHAMFTON HAMBURG ffHAVEN FoAM L"HAVRE Kowtoon Bay' 97/524 19/10 12m 6/11 8/11 5/11 11/11 Kurana* 07/528 21/10 Via Hox 7/11 10/11 12/11 STeav 96/527 25/10 19/11 13/11
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      301 31 M MYANMA M FIVE STAR UME (Myanmar National Una) Loading for Yanfon (Rangoon) Sport P.Kit Pwi P-G* PATHEIN VIOSW SM I ta Pt HPA-AN VISSW l« PI PAGAN VICW llfli OCT MYOMAYWA VUMT W Od BANK UNI (A Mnrtea o< Andraw Watr Stripping) \T SCMI-COtfTAINER SERVICE HEAVY UFT CAPABILITY I
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      775 34 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT 00 T SOU NO I SIN lax BRV ROM ANT HBC RST PARIS SEN W047 In Pt J/U 10/11 U(U U(U U(U THUERINCtN l/» 24/1# 17/11 I*ll 10/11 2*ll 11)11 PANAMA StN NfM 22/11 23/U 2*ll 2*ll 20/11 EUROPEAN SEN WFKO
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      Page 34 Advertisements Column 2
      1144 34 JUißfl CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 mr camouMTMi sbivicb it FAR EAST POflT KELANG 19/10 26/10 MANILA 20/10 27/10 PENANG 19/10 28/10 BUSAN 20/10 30/10 BANGKOK 19/10 26/10 TOKYO 2S/10& 1/10 HONG KONG 23/10 27/10 YOKOHAMA 25/10 A 1/10 KAOHSIUNG 21/10 28/10 KOBE 25/10 1/10 KEELUNG 21/10 28/10
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      312 34 IMliiiiHli LOADING FOR vessel spotc cao oaa una avioto rio stj vit pmua WSTWHI J/U U/U O/U *1 7/1 OPT V MC I DISCHARGING FM BRAZIL ONLY spoat am. mk kii busan yok mo mm aosmtN i u/m vu vu au w w wu VJMOLI Ragular BBulk and Cootatftar Sarvica
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      Page 34 Advertisements Column 4
      1211 34 tea +S is t I fci CHINA OCEAN SHIPPING COMPANY TEL: *****00 R A p^^E B «w ,NC FULL CONTAINER LINER SERVICE TaEX ggs« OSM,p CR NO U717******11 CABLE: COST AR LI PIE General Agents: COWAt *«—HWO W1 UP |VE«EL/VOT W I FUt IWT HMI ANT OKK VESSEUVOT fU ROT
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      755 35 I NIHON-ASIA I (|g CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA ab USA IPI Destns 19/10, 26/10 II" EUROPE all Ports 20/10, 27/10 BANGKOK 19/10, 23/10 HONGKONG/CHINA 23/10, 27/10 SYD, MEL, ADEL, BRIS 24/10, 29/10 FRE MANTLE 22/10, 27/10 MANILA 19/10, 26/10 o\ PKLG/PENANG 26/10, 31/10 A< Port
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      236 35 (S) PTE LTD I TEL: *****33 (12 Unoo) FAX: *****15/*****03 TELEX: R8 ***** RIBHIP (3 Unoa) ftfA ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ESSEL (vOY ETA LOAONQ FOA SPORE ETSANET 20WB VII OAAESBALAAM. MOMBASA. OJMOUTI ASSAB. MASSAWA BYOT 23W8 24/11 QARESSALAAM MOMBASA DJIBOUTI ASSAB.
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      803 35 te_P.T. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS 6TTPSRE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO AU DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN OKUNOZE 99S
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      Page 35 Advertisements Column 4
      951 35 BANGKOK CEBU/MANILA j«m I W J -Wl I [w, I iSOI JO«LINK 27N In Pt Sit 20/10 KIT! BMUM 42S HQO M/M H/M NANTA BHUM UN Thur 10/10 Syn 21/ M SO ORIENT 43* 20/ M 1/11 *11 MAMA BHUM# 31N Sun 21/10 0W 24/10 KITI BHUM 44S 2/U 7/U
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      1470 36 A MAC-NELS SINGAPORE an«T til ama mmt nb mtm] PENANG TEL: (04) *****6 KK TEL: (088) *****01TAWAU TEL: (089) *****9 IVTTzxVZI P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 I-IV/ \—.J J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 JAKARTA
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      Page 36 Advertisements Column 2
      920 36 THONG SOON LINES PTE. LTD. fi 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 I CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) I SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH \wi [ETA fig Iwt ETA HT i KIM SOON LI 41/90E 22 OCT PENANG
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      Page 36 Advertisements Column 3
      304 36 I /^ISIORBULK\ I SkLLj!# ROBBULK CAMO WWCM LTD. I REGULAR OONVEMTIONAL I I TIMBER AND PLYWOOO SERVICES H LOAMMVOt I ssssrsa saescs I KyVVVWVffPISRRVnHIfTBHHHHH ItmiUMM 10MMMI K LADY II WT-M mm TVTVMAMUS I I H. LOAOHK R» I la. mm am am miman f I* I 'MM LOAM IMAM FONT!
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      614 37 v COMPAMIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* ft OTHER PERUVIAN PORTS* VRTN T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pananf* P. K«Unf Singapora KARMLEVERETT 21/23 OcJ TMOMASEVERCTT 01/83 Nav 8M» Nov KAJMMCVERCTT 11/13 Nov 14/15 Nov "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 37 Advertisements Column 2
      571 37 m WY I'PORE MAINUNER LAX OT lAV RTC 4TX K vessel am m Nnrroa* u/u B/u *n oju |*u too Singapore m apt m torto BH SM 3K KK m bat at nn» too tokyo iju ru UfU w IN TRIESTE UK U/U IM PUSAN tolli I*l2 22/12 N/12 a/12
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      Page 37 Advertisements Column 3
      593 37 SING KWANG HANGIj •mm i thamwohtakoh rm in WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 20/10 23/10 JEWWEL 21/10 24/10 1 VESSEL SPORE BANGKOK A VESSEL 21/10 24/10 A VESSEL 24/10 27/10 OCSTMATIOMS ETA SINGAPORE PORT KELANG 20 OCT MANILA 20 OCT HONG KONG, ALL CHINA PORTS 21 OCT
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      Page 37 Advertisements Column 4
      463 37 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA «MEI VOY MM JKT SBY PRASETIA 111 A In Port 20/10 PELOPOR 956 20/10 23/10 PRASETIA 113 A 24/10 27/10 PELOPOR 969 27/10 30/10 TANTOUTAMA 113 16/10 21/10 TANTO UTAMA 115 25/10 26/10 TANTOUTAMA 117 01/11 04/11 General Agents:
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      Page 37 Advertisements Column 5
      346 37 9H 21/10 KEELUNG/KAOHSIUNG 21/10 BANGKOK .19/10 MANILA/CEBU 20/10 JAKARTA/BELAWAN/SURABAYA 19/10 PORT KELANG/PENANG/E. Malaysia 22/10 BUSAN 22/10 TOKYO/YOKO/KOBE/NGO/OSA 22/10 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SJfl O—Pt/M r 20/10 LDN/FLX/LYP/SOU 20/10 RDM/HAM/ANT/LE HAVRE/GENOA abo accepting earn to Austria/ Hungary/Roumnia/Potand/Buigaha/Czech. IH llft/tMMII 20/10 LOS ANGELES/NEW YORK ail IPI points 22/10
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      482 38 "SI CT fWTPPIWC r®> marine services NORTH QUEENSLAND/PAPUA HEW GUINEA SERVICES CONTMH/LCL/BREMMIU SaVKf •AWKE" SERVICE IPC raa LAE MM* T-viut «im M-2VIO VII VII V ll "IVU »i«8 SSu vu t» vu mm T/SHIP -Sn Jim- €j Im *11 W BUNKER SURCHARGE EFFECTIVE VIBSB TEU U5D56.00 B/BULK USD 5.40 LCL
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      866 38 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA N.YICHEVSK MERSIN TRIESTE K.M. V.IS-90W 22/10/90 10/11/00 7/11/00 12/11/90 K.V.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SG. V.19-90W 30/10/90 25/11/90 15/11/90 20/11/90 B.A. V.21CW90 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 8/12/90 ALSO ACCEPTING CARGO FOR MILANO. LA9PC2IA. PfWVAOOO,
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      401 38 Oc£finSE^mE SERVICE TO/F R OMI AjO KL: AU.ioh.ink SINGAPORE: 08-*****88 778 0882(22 lines) s. \AjkjJU W Tlx: RS ***** HEOBHIP Fax *****50 Tel: *****29 (S Lines) A. VSI I OCT CMITTA6OMG/CALCUTTA A. VSL 15 OCT TAMATAVE/BEIRA/HOWASA Izhohgshan/roSgqi/i!^^ ZHUHAI/JIANGMEN/HUANGPU/SHANTOU/HAIKOU/ PANYU/SHIWAN AND Ali INLAND PORTS. I A VSL 31 OCT— 5 NOVQINCDAO/OALIAN
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      Page 38 Advertisements Column 4
      179 38 VI6OOR PACIFIC 19MB 23/10 YMOOR PACIFIC 20MB I 3/11 BAHQKOK 21/10 M/M BUSAB MfW 22/ M HOW6KOWG 18/10 23/10 OURBAH 25/10 18/11 KEELUNfi 21/10 M/ 10 FT. LOUIS 25/ TO 15/11 FT. KEIANQ 18/10 «/M KOBE 22/10 2*lo PIRAEUS 21/10 28/10 OSAKA 23/10 3B|flO JAKARTA 19/10 23/10 SUBABAYA I*lo 23/10
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  • Page 39 Miscellaneous
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      Page 39 Miscellaneous Column 1
      552 39 TIDES AND WEATHER TODAY'S TIDES (height in metres) MM MM IIM (2HI3M MM MM (HI I7M MM MM WW ill! 12M13M 14M MM 17M I*® 2 K 23 1.9 1.4 a) 07 0.6 OJ 12 U 2.4 17 2.7 15 10 li Lfl (17 01 01 M L 5 12
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      Page 40 Advertisements Column 1
      1134 40 CHARTPOINT Every Saturday in Business Times mmm\ ahyundai Mr V "118 VSL VOY etasin HAPPNH MERCHANT MARME CO. LTD. iW UL UL' 1 lUJ' SENTIASA 12/90 29/09 25/10 spring st ar 09/90 i 2,.0 3./.0 pQQ3SQ33ZISZS3S33DmmSSiSESSIBM SSSSient ™o. FABTBOUMD TO USA II WESTBOUND FROM UBA (|T\w VST* .T Si ;Ssy"""
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      Page 40 Advertisements Column 2
      6 40 ICHARTPOINT Every Saturday in Business Times
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