The Business Times, 18 October 1990

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Thursday October 18 1990 75*
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  • NEWS SUMMARY
    • 53 1 INDUSTRIAL production in the US rose 0.2 per cent last month, boosted by a sharp 7.5 per cent rise in the manufacture of motor vehicles and parts, the Federal Reserve said yesterday. Excluding vehicle output, industrial production dropped 0.2 per cent, which most economists had
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    • 27 1 THE Yamasin group's proposal to build a $120 million business park in Changi, the first private-sector effort, has hit a snag. Page 2
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    • 26 1 JAPAN'S leading non-ferrous metal miner and petroleum refiner has set up a wholly-owned subsidiary in Singapore to trade in oil products. Page 2
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    • 41 1 THE FIVE permanent members of the UN Security Council has urged the warring Cambodian parties to find a political settlement quickly so the peace process can continue in Paris before the end of the year. Page 7
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    • 34 1 SOVIET President Mikhail Gorbachev has introduced a new economic recovery plan, but the leader of the country's largest republic has blasted it as a bid to preserve the bureaucracy Page 9
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    • 34 1 THOUGH the era of easy money is over in Japan, its giant multinationals are still rolling on, digging into their well-stocked treasure chests to continue with their expansion plans Page 12
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    • 20 1 FASHION HOUSE Christian Lacroix has identified Asia as one of its main pillars for expansion Page 14
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    • 22 1 THE WEALTHIEST man in America credits much of his success to plain old gambling and good luck Page 19
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    • 32 1 THE OWNER of the world's second largest marine construction fleet is aggressively expanding its operations in South-east Asia, West Africa and the Middle East. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 41 1 The New York stock market was mixed yesterday morning. The Dow Jones average of 30 industrials rose 8.41 in the first half hour of trading but then slipped back to show a 1.49-point loss one hour after the opening
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    • 55 1 LONDON share prices were lower midday yesterday. Traders said the market was pulled down by depressed futures contracts and a poor Wall Street performance on Tuesday. At about 1115 GMT, the Financial Times-Stock Exchange 100-Share Index was down 14.8 points, or 0.7 per cent, at 2,068.8. Volume at
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    • 20 1 HALF of this year's 12 new listings have failed to meet forecasts made in their prospectuses. Page 3
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    • 31 1 The highly-diversified Inter-Pacific Industrial Group, which exceeded the Msl billion mark in* turnover in the last financial year, expects to do even better in the coming year. Page 3
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    • 24 1 CITICORP, America's largest banking company, has announced a 38 per cent decline in its earnings for the third quarter. Page 6
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    • Article, Illustration
      26 1 Twafay Chuff BT-MGA xk»ed Kuala Lumpur .....doapd Hongkong 2,958.54 8.97 23,859.36 253.26 Sydney 1341.7 +5.0 Twmimj Chaa«e New York 2,381.19 -10.3 London 2088.8 -13.1
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    • 22 1 Exdnaft rata USS a 1.7225 Yen J. S$ 1.3447 MS SO.6382, Maaajr anriiat rata Overnight 6-3/8% +I/I6 1 3-montn 6-1/2 unch
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    • 19 1 U«dM Mi PM fix US$366.00 +US$4.00 The Siagapore ud Malaysian markets were dosed yesterday for the Deepavali holiday.
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  • 441 1  -  Companies to develop infrastructure and maintain public utilities By Suzanne Soh, Chuang Peck Ming TWO Indonesian-Singapore companies, led by Indonesia's Salim Group, are expected to be formed soon to speed up the development of Bintan island under the economic growth triangle concept.
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  • 393 1 PLANS are underway for a US$lOO million power plant on Batam. To be completed by 1993 on the island's Kabil area, the high-tech plant can generate at least 60 megawatts (MW) of electricity, two and a half times the current power supply. Suar Batam
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  • 513 1  -  _By Anna Teo THE SKILLS Development Fund expects to hit $100 million in grant commitments this year, two years ahead of schedule. SDF administrator Henry Heng told BT some $80 million in training grants and subsidies had been committed during the first nine
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  • 436 1 Agencies MAJORITY Democrats in Washington closed ranks on Tuesday behind a plan to raise taxes for wealthy Americans in defiance of a veto threat from US President George Bush. The House voted for the proposal 227-203, largely along party lines,
    Agencies  -  436 words
  • 199 1 Agencies THE US has backed away from UN moves to impose reparations on Baghdad or establish a war crimes tribunal to punish Iraqi Saddam Hussein and instead proposed a new idea to call for emergency supplies for besieged diplomats in Kuwait US
    Agencies  -  199 words
  • Page 1 Advertisements
    • 250 1 Burberrys] I s I < Ueigns when Adwrfeng I Market**... 14. Lifestyte 19 World Stock markets 22 15 Money Changer Rate 25 Arcnft Schedule 25 Money Market 23 For market ndces, editorial. Commodities 24 Regional News 7,8 adwbswg and circulation exCrypbc Crossword 25 Regional Stock Markets 21 tensions, cal Business
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    • 49 1 Did you get the Oct 17 issue? IF YOU ARE a Business Times subscriber 740-1280. We are monitoring the efficiency and did not receive the Oct 17 issue, please of our circulation and vendor services and call our Customer Services on 740-1839 or would appreciate feedback from our readers.
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    • 3 1 Editorial, Pg 12
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    • 63 1 I Tom TRANSPOraHON sonnets CROWN <9 PACIFIC 36 PionMr Rood Singapore 2262 Fox. 862 2840 TV*. RS ***** CRWNPAC Tel: 861 6818 US stysao tony deal that lets Iraq keep part «f Kawak, P| W S6w*' Pin for HK J tastes. jg| .„»«.«T j 101 21 Amber Road, Qunew Swimming
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  • HOME NEWS
    • NEWS ROUNDUP
      • 88 2 UNIONS with huge surpluses should consider investing in NTUC projects like the Orchid Country Gub or the Sentosa project This was one of the suggestions NTUC SecretaryGeneral Ong Teng Cheong put to officials from industrial unions during a weekend meeting recently. A report in
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      • 86 2 THE IMPORTANCE OF direct contact among unionists was underscored by NTUC Deputy Secretary-General Lim Boon Heng in the latest NTUC News, the union's newsletter. He said modern communications channels are valuable tools but the sentiment from the ground is that these cannot replace direct human contact. He
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      • 82 2 THE SOCIETY of Remisers is organising a talk on Investment Strategy for 1991 by Mr Alan Wang, head of research at Kim Eng Securities. The talk will be held tomorrow at 5.30pm at the Golden Landmark Hotel (next to the Bugis MRT Station), Conference I 11.
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      • 68 2 THE PORT of Singapore Authority has awarded the tender for the construction of Container Stacking and Reefer Yard at Area D 2, Tanjong Pagar Terminal, to Wing Construction (S) Pte Ltd. The company submitted the winning bid of $10.06 million, which was the lowest of the
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      • 92 2 THE National University of Singapore's Business Administration Faculty is organising a seminar on The Semi-Strong Efficiency of the Australian Share Market. The paper reports research results on the market efficiency of the Australian Stock Exchange. The speaker is Dr Nicolaas Groenewold from the University of
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      • 87 2 ELEVEN senior executives and professionals from Hongkong and the US will arrive in town this week on their HarleyDavidsons, America's leading and oldest name in motorcycles. Members of the Harley Owners Group (Hongkong), they are here for the start of the first annual Harley Davidson
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    • 391 2  -  By Elaine Koh THE YAMASIN group's proposal for a $120-million business park in Changi, the first private sector effort, has hit a snag as the site it owns is believed to be too small to build one. But it is still set on
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    • 322 2 A LOCAL firm specialising in non-destructive testing and heat treatment services has clinched a US$l.5 million contract to conduct testing for a 2404 cm gas pipeline in Bangladesh. Wellscan Pte Ltd was awarded the job by Titas Gas Transmission and Distribution Company, a government
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    • 363 2  -  FrtM Koichi Ishiyama in TOKYO NIPPON MINING CO, Japan's leading non-ferrous metal miner and petroleum refiner, has set up a whollyowned subsidiary in Singapore to purchase crude oil and oil products in Southeast Asia and act as an oil trader. Shigeru Matsui, a spokesman
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  • Page 2 Advertisements
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      234 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 567 3  -  By Magdalene Ng HALF of this year's 12 new listings have failed to meet the forecasts made in their respective prospectuses, further deepening the market's recent disillusionment with public offerings. Many are also now trading below their offer prices. While the disappointing
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    • 272 3 Bernama INTER-PACIFIC Industrial Group Bhd, the highly diversified group which exceeded the MSI billion mark in turnover in the last financial year, expects to perform even better this year. Inter-Pacific chairman Datuk Sulaiman Amin said this expectation was based on Malaysia's favourable
      Bernama  -  272 words
    • 167 3 Bernama BERJAYA Corp (Malaysia) Bhd, a member of the InterPacific Industrial Group, is confident of achieving growth in the coming year. Beijaya chairman Datuk Sulaiman Amin said in his 1989/1990 annual report that the completion of the group's proposed rationalisation scheme would also strengthen the
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    • 734 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih IMITATION being the sincerest form of flattery, many property owners and agents must now be busily copying or modifying the deal structured by Singapore Land for selling its Arcadia condominiums. The deal,
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    • 418 3 Bernama RENONG BHD, which has forecast a consolidated pretax profit of M 569.6 million for the current year ending June 30, 1991, says its acquisitions of 100 per cent of Fleet Group Sdn Bhd and Hatibudi Nominees Sdn Bhd and 2 per cent of
      Bernama  -  418 words
    • COMPANY BRIEFS
      • 98 3 MBf CARD Services Sdn Bhd, a member of the MBf group, is embarking on an aggressive expansion which will eventuafy, see it launching new bases for growth in the Asia-Pacific region for its MBf Mastercard products. The president of the card and travel
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      • 60 3 FABER MERUN (M) BHD's proposed capital reconstruction, special issue and restricted offer for sale are still subject to approvals from the Capital Issues Committee, the Panel on Takeovers and Mergers for a waiver for a general offer by. Fleet Holdings Sdn Bhd, the Kuala Lumpur
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      • 121 3 THE Antah group, which proposes to acquire debt-burdened, Naga Sakti Sdn Bhd for Ms 2, is expected to gain Ms 3 million in pre-tax profit per year as contribution from Naga Sakti's MS 170 million housing project in Seremban, Taman Tuanku Ja'afar, over a projected
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      • 39 3 KECK SENG (M) Bhd said it had yet to enter into any yjiat venture with Japanese parties for a property project in Pasip Gudang. It said that all negotiations had not been finalised. 1
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      • 87 3 AUTO BAVARIA Sdn Bhd, the Malaysian franchise holder 1 for BMW cars, expects to record its second consecutive year of triple-digit sales growth, said its general manager Ati Shuib. He said Auto Bavaria expects to sell at least 1,500 cars thkr year, compared with 777 cars in
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    • 198 3 TRADING and engineering group Guthrie GiS Ltd, which recently saw some toplevel management changes following its fallout with Ku-magai-Zenecon Construction, has appointed Lee Ong Pong as a director. Mr Lee is the general manager of Suntec Investment, the Singapore-based investment company started by
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  • Page 3 Advertisements
    • 190 3 i Since 1735 there has never been a quartz \gj Blancpain watch. And there never will be. jj T ■SSSd i HfigC SSw ■Mgfn iv BB «<s>. f L; \1 feblk. *s**/ v o\^ Iv A r Q r kii^ls \yySk t Ov ¥> N il;^l 5 V o* <5?
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 119 4 HONGKONG'S Wharf (Holdings) Ltd has awarded the HK$432 million contract for the structural steel work of the 49-storey Times Square twin tower office and retail complex to NKK/NSC Joint Venture, the company said in a statement. NKK/NSC. Joint Venture is a joint venture formed between NKK
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      • 49 4 MATSUSHITA Electric Industrial Co Ltd said it would import air conditioners from its wholly-owned Malaysian subsidiary Matsushita Air Conditioning Coip Sdn Bhd. Matsushita would import 300,000 air conditioners a year, a company spokesman said. It had not decided when shipments would start, he added.
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      • 157 4 PACIFIC Dunlop Ltd will open two joint venture factories a sock factory and a cable factory in China this week, the company said in a statement. The sock factory, located in Beijing, has a total investment of US$5 million, with projected annual output of nine million
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    • 253 4 Reuter THE Lau brothers, Joseph and Thomas, among Hongkong's most aggressive corporate raiders, have held on to control of Evergo International Holdings Co Ltd by quashing a takeover bid by a Taiwanese businessman. Hwang Chou-shiuan needed 90 per cent of Evergo's issued
      Reuter  -  253 words
    • 501 4 Reuter BRITAIN'S corporate watchdog body on Tuesday blocked a proposed pubs-and-breweries deal which would have given the Grand Metropolitan and Elders groups 20 per cent of the British beer market, but it said a scaled-down version of the agreement could go ahead. Elders IXL Ltd
      Reuter  -  501 words
    • 415 4 TAIWAN'S Hung Pang International group is planning a luxury residential condominium on Pracha Utis Road in Bangkok at a cost of about 5,000 million baht. The Bangkok Post reported that the Taiwanese proup is also a major partner in the Metropolis International project on Ratchadapisek
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    • 282 4 AFP AUSTRALIA'S domestic telecommunications network Telecom Australia Ltd announced on Tuesday a 33 per cent jump in profit to A 51.29 billion (US$l.Ol billion) for the year to June. The result was likely to be its last as a separate entity before it
      AFP  -  282 words
  • Page 4 Advertisements
    • 332 4 CL COMPUTERS PTE LIMITED <§> HITACHI presents HITACHI I The Dynasty Hotel Regal Room 1, 2 3 Is October 25th and 26th, 1990 Exhibition 9:30 am to 6.-00 pm Seminars October 25th 2:30 pm to 4:10 pm nf^UN October 26th 2:30 pm to 4:10 pm mr\ i" T*W—- —in \j
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  • INTERNATIONAL COMPANY NEWS
    • 534 5 NYT HANSON pic, the giant British conglomerate, said on Tuesday that it had agreed with Sir James Goldsmith, the British-French financier, to swap its 49 per cent interest in Newmont Mining Co for Cavenham Forest Industries, the large US forest products company that
      NYT  -  534 words
    • 240 5 Reuter HOLDERS of outstanding Swiss franc bonds issued by beleaguered Polly Peck International pic will be meeting on Oct 31 in Geneva, SG Warburg Soditic SA announced on Tuesday. As lead manager of the issuing syndicate for six outstanding Polly Peck Swiss franc bonds, SG
      Reuter  -  240 words
    • 634 5 Reuter THE soaring oil price is hitting Eastern Europe's ailing economies harder than most, but Zurich-based ABB Asea Brown Boveri is confident it will not suffer from its eariy and bold investment in the area. In five years the world's biggest power engineering
      Reuter  -  634 words
    • COMPANY BRIEFS
      • 164 5 PAOLO GUCCI, grand-son of the famous Italian luxury goods firm, has lost his tod to use the Gucci name for his own dm of products in Britain, a London Higfi Court ruled on Tuesday. Accusing Mr Gucci of "deliberately lying"
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      • 78 5 DOMESTIC appliances firm Whirlpool International BV Said it is to restructure its organisation to strengthen the company's identity and to become more competitive ahead of the suigle European market in 1993. Under the plan Whirlpool International, a joint venture between Dutch NV Philips Gloeilampenfabrieken and Whirlpool
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      • 168 5 CAMPEAU Corp, the Canadian owner of Federated Department Stores and Allied Stores, said on Tuesday that Edward J Deßaitolo Corp, a big developer that lent the Canadian company $480 million in 1988. had refused to renew an agreement not to seize collateral from Campeau without prior
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  • Page 5 Advertisements
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    • 113 5 i *1 I f. J s I Francesco smalto PARIS I t t t .1 4 k I t i t i i i v H i i- sjw, f ?> s f I I I f I r i i i IF A STATESMAN'S APPEARANCE BEFORE MILLIONS EACH TIME
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  • FINANCIAL NEWS
    • 451 6 NYT CITICORP, America's largest banking company, announced a 38 per cent decline in its earnings for the third quarter on Tuesday, with strong profits in consumer banking but large losses in real estate lending. Other banking companies said real estate problems dampened their
      NYT  -  451 words
    • 175 6 NYT THREE of US largest and healthiest savings institutions said that they were substantially increasing their reserves for possible losses on real estate H F Ahmanson Co and Golden West Financial Corp reported increases in earnings for the third quarter over the 1989 period,
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    • 311 6 Reuter FIVE major US insurance companies are financially vulnerable and could be at risk in a severe economic downturn, according to a study published by US consumer watchdog Public Citizen. Out of 20 major US property and casualty insurance firms surveyed, five
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    • 437 6 Reuter THE SLUMP in Japanese stock and equity warrant bond markets reduced profits of Daiwa Europe Ltd by more than SO per cent in first half 1990/91 from a year earlier, but the UK arm of Daiwa Securities Co Ltd will
      Reuter  -  437 words
    • SMALL CHANGE
      • 102 6 BANK OF FRANCE governor Jacques de Larosiere announced a reduction of about 26 billion francs in the reaenfcs that commercial banks are required to hold with it against certain types of deposits. Banks currently have to lodge about 77 billion francs interest-free with the
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      • 87 6 THE first Soviet commodity exchange independent of Gamnab, the state body which controls supplies to industry, has been opened in Moscow. Organisers say the exchange will be bigger and different from Soviet Union's first functioning commodity exchange, which opened last month, because it is not controlled
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      • 99 6 JAPAN'S Daiwa International Capital Management Co Ltd, a unit of Daiwa Securities Co Ltd, has shelved a proposal to float an offshore US$33 million Philippine Country Fund for investing in equity market, the company's president Ichiro Yamanaka said. "We postponed the fund which would have been
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      • 99 6 NATIONAL Westminster Bank pic said it planned to develop a worldwide private banking network through its Coutts A Co subsidiary. Nat West said in a statement it would create a new Coutts holding company in Britain which would own Coutts Co, and a Swiss holding company
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      • 133 6 NEW ZEALAND'S central Reserve Bank said it was content to let the kiwi dollar rate adjust to economic developments. Governor Don Brash in a statement reiterated the bank's intention to achieve its zero to two per cent inflation target by 1992. The bank's trade-weighted
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  • Page 6 Advertisements
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  • Page 6 Miscellaneous

  • THE REGION 1
    • NOTE BOOK
      • 106 7 THE PHNOM PENH government will take action against blackmarket currency dealings, an official radio broadcast said yesterday. First offenders will get away with a warning, but recidivists will face detention in "re-education centres or jails according to the severity of the crimes committed,"
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      • 97 7 SOUTH KOREA'S economy will grow between 8.6 per cent and 9 per cent this year, well above the government's original projection of 6.5 per cent, the Chamber of Commerce and Industry said yesterday. The chamber's forecast matched the 8 per cent to 9 per
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      • 77 7 A TOTAL of 34 company bosses in three Indonesian provinces have been jailed for between five and 15 days for violating the regulation on minimum wage payments, the Antara news agency said yesterday. Antara quoted an official of the labour ministry as saying that the
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      • 89 7 TAIWAN'S Securities and Exchange Commission (SEC) hopes to relax proposed rules on opening the local stock market to foreign institutions, an SEC spokesman said. The SEC would propose cutting the amount of time the foreign institutions had to keep their principal and capital gains
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      • 49 7 NEW ZEALAND'S Fishing Industry Association (FIA) and the Federation of Commercial Fishermen yesterday sued the government for nearly NZ$l3O million in damages. The writ filed in the High Court sought damages for what it called the failure of the quota compensation system through mismanagement.
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      • 56 7 IMPORTS of wooden chopsticks will be restricted to protect South Korean chopstick makers, the government's Trade Commission said yesterday. The commission said the action was taken on the behest of the Korean chopsticks industry, which lodged a petition complaining it has suffered heavy losses because of
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    • 420 7 Reuter THE FIVE permanent members of the United Nations Security Council on Tuesday urged the warring Cambodian parties to find a political settlement to their dispute quickly so the peace process could continue in Paris before the end of the year. In
      Reuter  -  420 words
    • 185 7 Reuter PRESIDENT Corazon Aquino said the Philippines will adopt reforms to head off an economic crisis and avail itself of fresh borrowings from official creditors. "Right now we must do two things reduce our fiscal deficit and adopt the economic reform package," she said in
      Reuter  -  185 words
    • 363 7 NEW PLANS to bring cable television to Hongkong woe presented on Monday, raising more questions about Hongkong Cable Communications' (HKCQ ability to do the job. According to a Tuesday South China Morning Post report, Legend Communications said it can improve on the
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    • 218 7 AP INDONESIAN companies are acting as intermediaries for some US, Japanese and French companies in doing business with Vietnam, the official Vietnam News Agency repotted. American private business dealings with Vietnam are illegal under a US government trade and aid embargo designed to protest
      AP  -  218 words
    • 401 8 IN THE FIRST session of the 11-day discussion in Hongkong on the port and airport development plan, the Chinese delegation displayed a friendly attitude, the South China Morning Post repotted on Tuesday. The attitude on Monday contrasted greatly with its
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    • 655 8 Reuter ASIA'S dragon economies, the fierce exporters of the past two decades, are pulling in their wings, forced by a US economic slump and a decline in competitiveness to concentrate on domestic projects and intra-regional trade for economic growth. Hongkong, South Korea, Taiwan and
      Reuter  -  655 words
    • 404 8 Reuter WHILE the world's major stock markets slump because of the Gulf crisis, Sri Lanka's tiny bourse is enjoying something of a boom. Prices and turnover have risen sharply since the government said on October 5 that it would relax restrictions on foreigners
      Reuter  -  404 words
    • 295 8 HONGKONG'S business sector plans to start an important lobby group in December under the auspices of the Business and Professional Federation, according to a South China Morning Post report on Tuesday. The group will support candidates in the 1991 elections. The
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  • Page 7 Advertisements
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    • 29 7 "KLM takes you to the heart of Europe everyday?" MOM VAN ri!M>.Vt 1 T* WEDNESDAY I HI »Hin a SAM KHAN si \|VA\ "And all other parts as well."
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  • Page 8 Advertisements
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  • THE WORLD 1
    • 586 9 Russian Federation wants 500-day deadline AP, Reuter PRESIDENT Mikhail S Gorbachev has introduced a new economic plan to revive the economy, but the leader of the country's largest republic has blasted it as an attempt to preserve Soviet bureaucracy. Mr Gorbachev's 66-page blueprint, introduced on
      AP,; Reuter  -  586 words
    • 338 9 Reuter MOSCOW'S apparent determination not to cede the Kurile Islands back to Japan virtually ensures that a key financial resource remains off limits at a time of worsening Soviet economic crisis, US officials say. The islands, seized at the end of World
      Reuter  -  338 words
    • 282 9 Reuter THE HEAD of a new bank aiming to rebuild the economies of the former Eastern bloc said on Tuesday that East and West Europe could forge a single giant market before the year 2000. Jacques Attali said the
      Reuter  -  282 words
    • 354 9 Reuter THE TRANSITION to market economies in Eastern Europe and the Soviet Union will be difficult and disruptive, but eventually successful, the head of America's central bank said on Tuesday. Federal Reserve Chairman Alan Greenspan told a conference sponsored by the American Stock Exchange
      Reuter  -  354 words
    • WORLD WATCH
      • 86 10 S Defence Secretary Dick Cheney, seeking to capitalise on end of the Cold War and the warming of superpower citations, was to press Soviet leaders yesterday about arms datfrol and military spending cuts. Mr Cheney, who was to tidtf talks with Soviet President
        86 words
      • 96 10 CROWING force of low-paid, part-time workers, many of wfiom would rather be working full-time, is harming the US ebpoomy with diminished productivity, a private study issued eft Tuesday found. The 19 million part-time workers, who account for nearly one-fifth of America's workforce, earn only 60 per
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      • 110 10 GERMAN industrial prices in September were 2.1 per cent higher than a year earlier, mainly because of higher oil prices after the August 2 Iraqi invasion of Kuwait, the federal statistical office reported on Tuesday. It added that retail pnces in the former territory of East
        110 words
      • 67 10 JAPAN is inflating its import figures by buying gold abroad ateded to mint commemorative coins for the enthronement of tmperor Akihito next month, press reports said on Tuesday. Japan imported 63 tonnes of gold last month, nearly four times more than in September 1989. The foreign
        67 words
    • 412 10 Sharp contrast from previous meeting last month AFP THE PRIME MINISTERS of North and South Korea clashed sharply at their talks in the North Korean capital yesterday, with each side offering a radically different view of the world. North Korea's Prime Minister
      AFP  -  412 words
    • 403 10 Reuter NEGOTIATORS trying to improve the Gatt trade forum's rules are close to an agreement on revising regulations on the origin of products and tightening controls on pre-shipment inspections, according to delegate sources in Geneva. Some obstacles to an accord on the
      Reuter  -  403 words
    • 394 10 Reuter EUROPEAN Community agriculture ministers failed for the second time on Tuesday in Luxembourg to agree an offer to cut farm subsidies in world trade talks. The ministers would be trying again tomorrow, but their failure had thrown planning for an EC strategy to present
      Reuter  -  394 words
    • 135 10 AFP US AND Japanese negotiators on Tuesday completed a fust round of trade talks in Boston in which they reviewed a June trade agrtfc- i ment aimed at reducing a; huge bilateral import-export j imbalance. US negotiators said the; talks showed progress bet; pointed out
      AFP  -  135 words
    • 479 10 The Gulf Crisis Reuter A DEFIANT Israel has rejected appeals by British Foreign Secretary Douglas Hurd to find a way to cooperate with a United Nations inquiry into the Temple Mount killings. However, Jerusalem mayor Teddy Kollek said on Tuesday that he was willing
      Reuter  -  479 words
    • 293 10 Reuter THE US has rejected any negotiated settlement in the Gulf that would leave Iraq holding gains from its Aug 2 invasion of Kuwait. "It's a case from our standpoint of not wanting to succumb to the
      Reuter  -  293 words
  • Page 9 Advertisements
    • 188 9 NOTICE NOTICE IS HEREBY GIVEN that, I, Dm Jung Sang of No. 1 Holland Avenue, 102-03 Willyn Vilk, Singapore 1027 have applied for a Retail Liquor Shop licence in respect of premises at MA Ha-Na-Reum Trading Pte Ltd at lsEnggor Street, 101-01 Realty Centre, Singapore 0207 and that this application
      188 words
    • 219 9 i v £1 r 4 '<\ 2A t* A i Til r < Odysseus. The New Classics. THIS K CHRONOFORM A MASTERIN MEAOdysseus has an NUMBER %wr' ON ITS gl^\ UNI- V^^f queness. With jftil ITS PRECISION An INGENIOUS IDEA O //lImM from the Swiss IT IS DESICNED FOR J
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  • Page 10 Advertisements
    • 579 10 5 B lfl II 9i n| HI W VI QbiVl I MmiMjmw > VW Mb lfl Hfl vfl m■ I 29-30 November 1990 Westin Singapore 3-4 December 1990 A Pan Pacific Kuala Lumpur H 5-6 December 1990 Borobudur Jakarta H H A practical 2-day programme specially designed for The panel
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  • Page 11 Advertisements
    • 79 11 h brieffa s c he 1 The Currency Binder Le Portefeuille i -m I I Porfaf o q < o 1 t F'ORSCHE DESIGN I i 1! i i I i I Die Fal t b i iI 1 e [he Folding Glasses Les Lune ft e s PORSCHE DESIGN
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  • 523 12 EDITORIAL A LAW was passed a few years ago in France requiring all firms to spend at least 1.1 per cent of their payroll on wDCKers' continuing education and training. No such law exists in Singapore, but it's an oft-repeated message that bears reiterating. With
    523 words
  • WHAT THE OTHERS SAY
    • 218 12 PARTI Bersatu Sabah's decision to quit the National Front coalition was a stunning development. Sabah has long had an uneasy relationship with the federal government in Kuala Lumpur. The PBS, which was voted a into a third term this year, promised voters that 'it would renegotiate the
      218 words
    • 157 12 THE international media is instrumental in changing global perceptions. Rapid advancements in information technology have reduced the world to a small "village". Despite a relatively small circula- tion compared to the k)cal papers, the foreign media is effectively shaping the ideas of its readers. The values
      157 words
    • 123 12 AWARDING this year's Nobel Peace Prize to Soviet President Mikhail Gorbachev must be one of the wisest decisions made by the Oslo Nobel Committee. Who, besides Gorbachev, has made such great contributions towards world peace? Ending the Cold War, giving freedom to the East European nations, ending
      123 words
  • REGIONAL VIEWPOINTS
    • 133 12 IN a typically robust speech to the Commonwealth Press Union in Hongkong recently, Mr Lee Kuan Yew, the redoubtable Prime Minister of Singapore, made some provocative points about the media and its relations with governments in various parts of the world. On the day that the Asian Wail
      133 words
    • 234 12 SOME people in some lesser developed countries may be forgiven for thinking that money grows on trees in Malaysia. Malaysians who travel abroad tend to give the impression that they are well-heeled. While Malaysia is indeed a prosperous country, these impressions are quite far from reality.
      234 words
    • 149 12 THAI journalists were having a hard time late last week trying to figure how to react to announcements from Prime Minister Chatichai Choonhavan and Interior Minister Banham Silpa-archa that they had decided to abrogate the controversial pressgagging Decree 42. Once the Cabinet approves the draft and His
      149 words
  • 900 12 In Japan, the cost of capital is up. But, cash-rich multinationals aren't suffering IT didn't grow on trees. But money came easy to many Japanese companies in the late 1980s, thanks to the turbocharged stock market in Tokyo. The money till helped Japan
    900 words
  • Page 12 Advertisements
    • 157 12 The laser market for Asia Pacific LASER-ASIA'TC .i International Laser Technology f Exhibition i |U|j SINGAPORE IKISSj Marina Mandarin Hotel IKES 22-25 October 1990 Laser applications in Singapore Target Audience Research Development Tertiary Institutions Materials Processing Laboratories Medical Government Agencies Military Research Institutes Optical Communications Manufacturers Printing Builders/Developers Metrology Architects
      157 words
  • Page 12 Miscellaneous
    • 26 12 DOONESBURY BY GARRY TRUDEAU rDJJSTBONIAIPOFF,ANPI Wso!suEpS!yiIWHHVTTTT7V OFCOJRSe I REAL I COOL.TIL I £rnr» I NOTMYAT I 11 AND SIAKIBP REAPING THEM hajj I OF YOUR. 3
      26 words

  • ANALYSIS
    • 1109 13  -  Malay unity appears to be the crux of the quarrel between the Spirit of 46 and Umno as Malaysia prepares to go to the polls. David Chew reports David Chew MALAY politics in Malaysia has traditionally revolved around the rivalry between the United
      1,109 words
    • 1432 13  -  The Malaysian economy is now experiencing buoyant growth. This is a dramatic contrast to the recession the country was suffering at the time of the last general election. Yong Soo Heong reports Yong Soo Heong Bernama Malaysia approaches its eighth general election with its economy never
      Bernama  -  1,432 words
    • 792 13  -  Ranjit Gill on the opposition's economic platform Ranjit Gill Malaysia's opposition parties have adopted a joint manifesto that offers a number of tax cuts and social welfare measures seen as a broad catch-all programme to appeal to a wide spectrum of voters. Destined to oost several
      792 words
  • Page 13 Advertisements
    • 83 13 Cfttobcrfcst... I JrfL* Novotel Orchid Singapore presents the most major German event since the unification. Ci Executive Chef, Henry John, will dish out a range of heartwarming Bavarian specialities at our Tropics Coffee Garden from 12-20 October J We promise more than just Sauerkraut, Wurst, Schnitzels, Strudel and Brctzel! It's
      83 words

  • ADVERTISING & MARKETING
    • 254 14  -  *L Sangeeta Mulchand LOCAL public relations firm Michael de Kretser Consultants has clinched the coveted Civil Aviation Authority of Singapore (CAAS) account It will have among its tasks the promotion of Singapore Changi Airport as an Airtropolis. The contract, which covers public relations activities
      254 words
    • 188 14 NYT THE US Secretary of Health and Human Services, Dr Louis Sullivan, recently called on advertising agencies to drop their tobacco clients. "I have asked advertising agencies to reassess the impact of their own work and to voluntarily withdraw from the blood money
      NYT  -  188 words
    • 340 14  -  _?T Genevieve Cua Fashion house Christian Lacroix, whose aggressive publicity and dramatic designs have propelled it to the ranks of haute couture, has identified Asia as one of its main pillars for expansion. About 17 stores have been slated for Japan alone, where the penchant
      340 words
    • 241 14 SINGAPORE agencies once again sparkled at a show of advertising talent, bringing home the lion's share of honours at Australia's 11th "AWARD" night last Friday. The Ball Partnership (TOP) bagged two silver and two bronze awards, coming out an overall second at the advertising festival.
      241 words
    • 299 14 THE OCBC groupowned Hotel Phoenix is spending $200,000 to project itself as a "superior, first class hotel". The three-month campaign which began this month followed a $10 million face-lift for the 17-year-old hotel, said general manager Nod Hawkes. Commenting on
      299 words
  • Page 14 Advertisements
    • 76 14 Today. Tricom opens Asia's largest Apple Centre. And we even have the latest Apples. 9 Come and see the exciting new Macintosh Classic and Macintosh Ilsi at Apple Centre Tricom. And to celebrate our grand opening, they're available at special introductory package prices until the end of October. Stop by
      76 words

  • FOCUS
    • 500 15  -  Design consultants provide a vital service for manufacturers and exporters who want to improve their competitive edge through design. Their services will be featured at the Consultants' Fair, held together with the Second International Design R>rum which begins today. Schutz Lee talks to three
      500 words
    • 299 15 F OR LOCAL COMPANIES without a clue about where to start on design, the Consultants' Fair is just the place for them. Be it mere advice or consultancy on design, manufacturers and exporters can find it from the group of designers taking part
      299 words
    • 363 15 RIGHT TIME, right place reasons enough for a Hongkong design company to set up a local subsidiary here. Ideas Industrial Designers is jointly owned by Portuguese-Eurasian Pedro Lobo and his American-Japanese partner, Ken Shimasaki. Both of them are successful designers in Hongkong,
      363 words
  • Page 15 Advertisements
    • 89 15 The first thing you should ask any media rep: Is your publication audited? Publications bearing the MCS, ABC, or BPA symbol have been certified by independent, professional auditors to ensure that the audited figures are authentic. That the figures are honestly comparable. And that there is an accurate baseline for
      89 words
    • 60 15 1! SCENT The invisible flavour of a fine dish. The essence of Shang Palace r mi f |gt Enter the moongate, rest amongst tranquil surroundings gfcj q, |o| and savour authentic Cantonese cuisine. vnCUiyrliAl HOIW t__ Call 734 4805 or 737 3644 extn. 1954 for reservations. SINGAPORE vjXl)K| rCiwCC Ample
      60 words

  • SPORTS 1
    • 287 16 Agencies PAT CASH, the Australian attempting to rediscover his Wimbledon winning touch, up6et the form book with a win over compatriot Richard Fromberg at the European Community tournament in Antwerp on Tuesday. Cash showed only a few glimpses of his best play, however, in
      Agencies  -  287 words
    • 273 16 AFP MASSIMO BIAISON suffered a broken axle during the San Remo rally on Tuesday and could only watch helplessly as Spain's Carlos Sainz sailed by into a commanding lead. Driving a Toyota, Sainz who need only finish in the top five today
      AFP  -  273 words
    • 547 16 AP THE A's aren't invincible, after all. The Cincinnati Reds shocked Oakland and maybe even themselves on Tuesday, routing the Athletics 7-0 in Game One of the World Series in Cincinnati. It was Jose Rijo who was awesome, not Dave Stewart. Rijo, a former Athletics prospect,
      AP  -  547 words
    • 475 17  -  Golfer M Murugiah's in search of some exposure. He tells Paul Ramani why. Paul Ramani PUTTING PROBLEMS has caused M Murugiah to look Down Under for a solution. Murugiah, 25, and currently ranked fourth in Singapore wjU be heading for the Australian circuit in the first
      475 words
    • SIDE LINES
      • 98 17 THE ORGANISERS of the 1991 DN Games indoor track and field meet in Stockholm have decided against inviting Canadian sprinter Ben Johnson, the Swedish daily Expressen reported on Tuesday. Johnson recently returned to the tpoct after serving a two-year suspension for steroid use.
        98 words
      • 61 17 BRITISH QUALIFIER Peter Marshall stunned fiftb-seeda4 Pakistani Mir Zaman Gul 15-10, 15-8, 15-10 to open tip US$7O,OOO Open squash championships in Toronto on Tuesday. Gul is ranked eighth in the woirid, but was unable to adjust to Marshall's innovative strategy. Marshall controlled points by using double-handed
        61 words
      • 89 17 THE MARTINI drinks giant announced on Tuesday that it if pulling out of all sports sponsorship in Franoe, amidst a bitter debate in the country about government plans to ban skofcat and tobaooo advertising. The withdrawal spells disaster for the 40-year-old Martini Fencing Challenge, one
        89 words
      • 61 17 A THIRD RACEHORSE doping case was confirmed ift Britain on Tuesday. The Jockey Club, the sport's ruling body, said samples taken from the fiUy Flying Diva after a race the seaside track of Yarmouth last month had proved positive. Three weeks ago, Bravefoot and Norwich were
        61 words
    • 265 17 AFP ENGLISHMAN Jimmy White set up a revenge meeting with Gary Wilkinson after advancing to the last 16 of the Rothmans Grand Prix m Reading on Tuesday. White, a 5-2 winner over Welshman Steve Newbury, was whitewashed 9-0 by Wilkinson on their only
      AFP  -  265 words
    • 146 17 AFP LEGENDARY British jockey Lester Piggott rode his first two victories on Tuesday since making a comeback after five years in retirement including one year in jail for tax evasion. The housewives' favourite won the Biddlestone Stakes at Chepstow by half a length on
      AFP  -  146 words
  • Page 16 Advertisements
    • 110 16 rS^Bf r IM f*r w mM I <■■' I V British Open Champion 1990 Johnnie Walker Classic 1990. Do you want to be there too? Wm World Matchplay Champion 1990 Join such players as Nick Faldo, lan Woosnam, Ronan Rafferty and other golfing greats in the Johnnie Walker Classic Pro-Am
      110 words
    • 68 16 TOGETHER OR APART? f I j i i fi Couples sleeping apart; Some think it's fine: "The more you move away, the more excitement it should build up." Others say no way. "You get married to share your lives together to continue to sleep separately defeats the whole purpose." yy
      68 words

  • Page 17 Advertisements
    • 429 17 THE HIGHEST HONOURS ACCORDED TO BUSINESS ACHIEVERS \incjaporo j Businessftwards Business Times I Business Times, a business daily published by Singapore Press v Holdings, and the leading air express company, DHL Worldwide Express, came together to organize an award scheme to honour Singapore's most successful businessman. In the years before,
      429 words

  • Page 18 Advertisements
    • 859 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE. DINE Some like it hot V ~i%» M"' fW 4SP T;|p( F :'wom *«&!>*. Spicy Szechuan dishes served at lunch and dinner dailv in thie cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or
      859 words
    • 222 18 JvTl Theftcshestcatcti. Slutted wttti Mpmgui.. PanMed wMh ■K ginger and spring onion... Baked Jr IMjkl and stuffed Sdr-frled m piquant Mack pepper... Or Just pttn Aj steamed. If that doesn't gab you. RHMf IBfiH nothing**. J$L 2flP 333 Ochwd ftovlStoiaporao923 T«fc 737 4411. EKH Iff The popular 1 Nottya buffet
      222 words
  • Page 18 Miscellaneous
    • 425 18 TELEVISION AND RADIO PIV/r QHHrpcGPc ni*pcc SBCI2 n^""tISM 001 t» BuawEsst^f^» J£i rivi dllUicMca lilc DICM Honour. Squire Haggard be- (See Our Choice). MS Mai M. .iSJSSr im_ JP< comes impnsoned in Hag- jjJS *AM Ckn Tf? Mnrii Mak. Ulpa, 12SMC Fmancul Newi Hall whcn t lhe f C f
      425 words

  • LIFESTYLE
    • 886 19  -  America's richest man is not driven by money, reports Joe Taylor Joe Taylor AP Metromedia Co founder John W Kluge, the wealthiest man in America, credits much of his success to plain old gambling and good luck. The greatest factor in my life and I know entrepreneurial
      AP  -  886 words
    • 557 19  -  What are they? Dena Kleiman questions the experts Dena Kleiman NYT Sometimes people have no idea what they are eating, and more often than not it is probably better that they not ask. Who, after all, is happy to learn they have just polished off
      NYT  -  557 words
    • 139 19 JORGE BOLET, one of the leading Romantic concert pianists, died on Tuesday of heart failure. He was 75. The Cuban-born Bolet, who gave his final concert last year and made his final recording in April, died at his home in Mountain View, about SOkm south of
      139 words
    • 501 19  -  Claire Leow hails a movie which, unfortunately, didn't las£ long at the local cinemas Z Claire Leow BETHUNE, The Making of A Hero, showcases the talent of a screen hero, the inimitable Donald Sutherland, father to look-alike Keifer. And Sutherland senior will not be
      501 words
  • Page 19 Advertisements
    • 267 19 AND ENTERTAIN American Classics. Only AtThe Hubertus Grill. AMERICAN MEAT PROMOTION 9 SEPTEMBER TO 18OCTORER 1960 DINNER: 7 PM TO 1030 PM FEATURING ANAIA CARTE MENU ALSO. STERLING SET DINNER FOR ******* %v FOR RESERVATIONS, PLEASE (JUL 732 1222 EXT 1582 |fe§ ■fe ALL PRICES SUBJECT TO 10* At the
      267 words
    • 104 19 Ms TnAiv^« |a,,ran| nd i 1 KvlllV/m Karaoke Lounges FINESr RUSSIAN AND CONTINENTAL CUISINE Shashlik ALa Troika Borsch Baked Alaska HAPPY HOURS $12.00 ONLY Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 130pm 7.00pm to 2.00 am Monday* to Sundays J***"*** 6.00pm to 10.00pm Fax: *****13
      104 words

  • TOKYO STOCK EXCHANGE
    • 2193 20 Reuter TOKYO stocks closed higher yesterday after two straight days of trade that was uncharacteristically active by recent standards. A strong yen spurred gains among stocks linked to domestic demand, and a continued perception that interest rates may have peaked prompted buying among large
      Reuter  -  2,193 words
  • STOCK EXCHANGE OF HONGKONG
    • 2129 20 Reuter HONGKONG stocks closed firmer yesterday, climbing several points at the close after having spent much of the day locked in tight ranges in fairly slim turnover. The Hang Seng index closed 8.97 points higher at 2,958.54. Brokers said sentiment had improved
      Reuter  -  2,129 words
  • Page 20 Advertisements

  • Renewed confidence lifts Australian shares
    • 919 21 SPURRED by a weaker local currency, investors gained renewed confidence in the Australian sharemarket which closed slightly firmer yesterday in choppy trade. Brokers said budget news from the US played havoc with direction in the market before a recovery on a stronger performance in Tokyo and good demand for
      919 words
    • 611 21 PRICES on the Jakarta stock exchange fell further in thin trade on Tuesday, 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
      611 words
    • 460 21 PHILIPPINE share prices closed mixed on thin trading yesterday, reflecting continuing investor nervousness about the political and economic situation, brokers said. The Manila Stock Exchange composite index firmed 5.27 points to dose at 540.93. The combined volume on the Manila and Makati bourses rose to 217.93 million shares worth
      460 words
    • 630 21 THAI stocks finished slightly lower yesterday on light selling triggered by overnight losses on Wall Street and higher oil prices, brokers said. The composite SET Index lost 6.81 points to close at 646.99 in thin volume. Siam Cement fell 40 baht to 4,926 and Bangkok Bank four to 313.
      630 words
    • 404 21 A LOWER New Zealand dollar helped attract buyers to leading local shares despite indifferent overseas market performances, but brokers are reluctant to read too much into the higher close yesterday. M I don't think the market can make any particularly large gains while the Gulf crisis is continuing,"
      404 words
    • 877 21 SEOUL stocks rose in active trade yesterday as institutional investors hunted for bargains and individual investors 'J continued active buying, broken said.' The Composite Stock index dosed at 653.96, up 15.67 points. Share trading, volume continued high. Brokers said thief index hit the 650 level for the first timer
      877 words
    • 359 21 LAST-MINUTE profit-taking yesterday; pushed the Taiwan stock index just der Tuesday's close after unstable saw prices wavering throughout the dayv dealers said. The Weighted Index lost 0.88 c£% point to finish at 2,767.21 compared with Tuesday's 2,768.09 dose. Turnover rose to NTJ20.99 billion from $18JI billion. J" •The Bombay
      359 words
    • 385 21 Chat Pm<— Oct 17 SYDNEY All Ordinaries Index 1341.7 1,336.7 5.0 All Industrials Index ***** 1007.9 +14.6 AB Resource* Index 814.6 816.1 -1.5 Turnover (million) 72.98 82.78 -9.8 BANGKOK SET Index 646.99 633.80 -6.81 Turnover (million) NA 48.3 JAKARTA Composite Index NA NA Turnover (nearest *000) NA NA MANILA Composite
      385 words

  • WORLD STOCK MARKETS
    • Late rally comes too late for New York
      • Article, Illustration
        1040 22 NEW YORK stocks fell sharply on Tuesday as oil prices rose, but rallied slightly in the final 15 minutes on a report that President Saddam Hussein of Iraq might accept a diplomatic solution to the Gulf crisis. After two days of gains that lifted the market 51 points,
        1,040 words
      • Article, Illustration
        780 22 EQUITY prices on Londons International Stock Exchange fell on Tuesday on further indications the British economy was suffering a downturn. The Financial Times Stock Exchange 100-share index closed at 2088.8 points, down 13.1 points. The Financial Times 30 index stood at 1616.9 points, down 10.3 points. Profit-taking and technical
        780 words
      • 411 22 DUTCH shares ended little changed on Tuesday after another day characterised by low volumes, dealers said. The problem at the moment is that there are people with cash but they have all withdrawn to the sidelines until they see the outcome in the Middle East," one trader said. The
        411 words
      • 144 22 BELGIAN shares closed slightly higher in light trading on Tuesday as concern about the Gulf crisis continued to keep investors on the sidelines. Traders said volume was higher in declining shares than in advancing stocks, indicating a fundamentally bearish mood. The main Forward Market Index barely moved, edging up
        144 words
      • 278 22 GERMAN shares ended a quiet trading session on Tuesday 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
        278 words
      • 214 22 TRADING was minimal on the Milan bourse early yesterday amidst continuing uncertainty about the final form the government's recently-imposed capital gains tax will take, brokers said. A one-day strike today called by floor traders was also acting as a break on business as the MIB index slipped 0.4 per
        214 words
      • 326 22 SWISS shares ended a featureless Tuesday session slightly easier as the situation in the Gulf and uncertainty over the outcome of the US budget talks weighed on the market, dealers said. The SPI all-share index, which had traded in a tight range of 936.7 and 939.9 points, closed 2.2
        326 words
      • 114 22 FRENCH share prices opened a little higher yesterday but soon lost oonviction, and trade remained thin, dealers said. The CAC-40 index started at 1,606.44, up 4.32 points from Tuesday's dose, then drifted down to hover just below the psychoiogically-impor-tant 1,600 level It stood 3.49 points down at 1,598.43 at
        114 words
      • 338 22 JOHANNESBURG gold and platinum shares extended their morning lones on Tuesday afternoon as world prices of the precious metals continued to dive amid widespread selling. Dealers said recent weakness in the foreign investment currency, the financial rand, provided a partial buffer against any heavy foreign selling but could not
        338 words
      • 175 22 SURPRISINGLY lower third quarter US earnings results and a US budget statement sent Toronto stocks lower lor the ninth straight day, dealers said on Tuesday. "It has been a brutal day,** said Don Vialoux, vice-president of Richardson Greenshields of Canada Ltd. The Composite Index lost 22.9 to 3,009.9 on
        175 words
      • 118 22 Oct 16 Chat Puih— 47NEW YOCK Dow Jones 13IU9 2,416.34 -35.15 NYSE Financial 105.05 107.09 -104 SAP 500 ***** 303.23 -4.31 Turnover (million) 149.6 165 -15.4 LONDON Financial Timet 30 1616.9 1.627.21 -10.3 FTSE 100 20M.8 2,101.92 -13.1, Turnover (million) NA 315.5 3 AMSTERDAM CBS All-Share 95.6 95.6 unch FRANKFURT
        118 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1238 23 FOREX MARKET REPORTS THE US dollar ended easier on the yen but firmer against other major currencies. Talk that (he Bank of Japan (BOJ) had checked dollar/yen rates limited the dollar's decline somewhat but failed to prevent a last-minute selloff.
      1,238 words
    • 387 23 Cross rates 0* 16 US S MS Dm Yen SFr AS NZS USS 1.7230 2.6975 1.5260 127.90 ***** 1.2900 1.2682 1.6461 SS 0.5®04 1.5656 0.8857 0.7423 ***** 0.7487 ***** 0.9554 MS ***** 63.87 ***** 0.4741 0.1911 0.4782 0.4702 0.6102 Dm ***** 1.1291 1.7677 83.81 0.3378 0.8453 0.8311
      387 words
    • 555 23 Interbank rates si BM ""offcT Overnight 6 3/8 6 1/2 1-month 6 1/2 6 5/8 2-motKh 6 1/2 6 5/8 3-month 6 1/2 6 5/8 Overnight mode 6-7/16 USI BM Offer 7 days 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8
      555 words
    • 1152 23 SIMEX Open High Low Sett Est Vol Op/Int Vol Dec 90 92.00 9101 9L98 9L99 7040 ***** 5002 Mar 91 911$ 92.16 9114 92.15 3150 9215 3158 Jun 91 9109 9110 9108 92.09 819 3516 1184 Sep 91 91.92 91.94 91.91 91.92 406 753 323 Dec 91 91.57
      1,152 words
  • Page 23 Advertisements
    • 128 23 FOR SUCCESSFUL MANAGEMENT OF YOUR M I HI V M #1 Stories on labour and its relationship with Ik I I IH Hi management, management concepts in practice, |iw V profiles of leading managers in Singapore and relevant book reviews. A J J ENTERPRISE MANAGEMENT, in Business V t\ A
      128 words

  • COMMODITIES
    • 262 24 Reuter A SENIOR International Energy Agency (lEA) official said the current oil situation was manageable and appeared to rebuff demands by Opec that industrial countries take steps to curb soaring oil prices. "Our analysis shows that the world crude oil markets are still adequately
      Reuter  -  262 words
    • 118 24 REPORTS HONGKONG: Gold closed higher in hectic trade on short-covering and' heavy physical buying following a sharp plunge overnight. Bullion ended at U*****.30/80 against New York's U*****.25/75 close. Local gold closed HK$Bl lower at HK53,399 a tael. Coins ended HK$64 to HKS7O lower. Tokyo: Yen-based
      118 words
    • 120 24 AFP ABOUT 10 million tonnes of grain arc wasted every year in China, the same amount this country imports annually, the China Youth News reported yesterday. The newspaper did not give the reasons for the wasted grain, but observers blame a lack of
      AFP  -  120 words
    • 403 24 Reuter GOLD should show a glint of its former lustre in the 1990s thanks to falling global output and strong demand in Eastern Europe and elsewhere, metals analysts at the Nikkei Gold Conference said on Tuesday. Gold production is likely to
      Reuter  -  403 words
    • 577 24 Reuter THE BATTLE between heating oil and natural gas is hwiting up as oil dealers and gas utilities vie for the hearts and minds of US homeowner*. Advertisements from heating oil dealers flooded radio waves and northeastern newspapers in past weeks,
      Reuter  -  577 words
  • 1319 24 Rubber octi6 ■M(fcbhtatea) Sceatt/fcj Noon Qom lot 1RSS Prompt I53.00*I54.00N I53.OOI54.OON Int I RSS Nov 90 153.00*153.50 153-00*153 SON Int I RSS Dec I5I.7VI52.25 15I.S<yi52.00N lot 2 RSS OP 148.50*150.50N I48.<XV150.00N lot 3 RSS OP 144.00/146.OON I43.50*I45.50N Int 4 RSS OP 140.00/142.OON 139.50*141.SON Int 5 RSS OP 135.50* 137.50N
    1,319 words
  • Page 24 Advertisements
    • 1484 24 NOTICES NOTICE Please note that DonnelleyTimes Satellite Services ceased business on 31 August 1990. The business has from 1 September 1990 been conducted by Times Satellite Services. M THE MATTER OF THE COMPAMES ACT, CHAPTER SO AND IN THE MATTER OF EVALUATOR PRIVATE UNITED (In Members' Voluntary Liquidation) At an
      1,484 words
    • 9 24 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 690 25 CHy ETA n*t ETO AbaMMU GA975 1126 GA887 122S Adeto e QF81 1950 QF82 2200 AmMmI GA975 1125 nthini 0A471 0015 0A472 0050 BMBai pmm BM21 1105 BI422 1206 BM29 2030 ***** 2125 CI864 0750 QF62 1155 RA406 0815 CX713 1455 CX712 1550 SK973 1955 SR972
      690 words
    • 708 25  -  LETTER FROM DENMARK By Neville Stack I DON'T suppose wc will fcver learn exactly why William Shakespeare set his tormented Prince Hamlet on the battlements of Elsinore and linked the Danes for all time with gloom and despair. At least, like most Danes, Hamlet was
      708 words
    • 150 25 At at 3dm yesterday. Local dollars to oae unit of foreign cvrticy Currencies Bid Offer Australian dollar 1.3410 1.3710 Canadian dollar 1.4730 1.3030 NZ dollar 1.0300 1.0600 Sterling pound 3.3230 3.3330 US dollar 1.7200 1.7300 Local Win to 100 units of fawiga mmmm Austrian schilling 13.80 16.80
      150 words
    • 50 25 Duration Title Venue Oqsanner Tej Duration Title Venue Organiser Td Oct 15-20 Stockholm Sweden Stockholm*- 8/7491/45 Oct 23-28 International Yugoslavia Font De 21/25.155 Technical Fair massan AB Fair for Hunting Novi Sad Oct 16-20 Data Processing Yugoslavia Zagrebadri 41/*****6 Ftihy Spam k Office Equipment Vdesa>am nd Tounun
      50 words
  • Page 25 Advertisements
    • 31 25 i ifAr^n I> I; ■I i! < M I; i -1! Ail; Air Canada Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      31 words
    • 36 25 A Hem-Raising I MB E enRV/ui4 1 JOB SUIT YOU? 1 Find Out if Your Personality is Right fe\ f° r Your Job j-gljrrt I ppsh n Sh| OCTOBER I ON SALE NOW I OOMPH! I
      36 words
  • Page 25 Miscellaneous
    • 246 25 8 Cast finished, say the Americans (5) 9 11 Retention of returned cap- f* 0 1 1 1 I I I _I__l__l__LJ ital in my grip (6) IM Bfl WM 12 The case for some small JBB——JHl—P® 13 Once one's L_J Lm 1 The shorter 25 Destiny a thousand times
      246 words
    • 213 25 Singapore Oiduuk. Showers over several areas is the afternoon. Forecast Max temp. 32.9 assoc humidity 60% min temp. 25.4"C assoc humidity 97% hrs of sunshine. 9.90 rainfall in mm nil rainfall this mth. 3.7 rainy days this mth 3 u/nJil r n(ir 4 wona report Asia-Pacific Hi/Lo* Cood. Auckland 20/13
      213 words
    • 29 25 l I KUJWW/wahr/J Scene f\ Bedoi* tnccimpmfenf SOrr>eoJhene *r\ -rt-te. SoKonai i BGCOrnC Pv V iC LDise one- lohpo"") &OVIMG aegK. I j-'V'uL- e^.r~~N (PsfiOUT VOUf4G U \up\u^«2ej>ice....J \*pve>nu3e.....)
      29 words

  • 548 26 Run-up to Malaysian elections THE DECADE-OLD Bumiputra Malaysia Finance scandal resurfaced and the United Malays National Organisation moved into Sabah as Malaysia's election battle went into high gear with two days to go before voting begins. Malaysian newspapers quoted Lorrain Esme Osman,
    548 words
  • 333 26  -  There is no turning back for China, says Lee FfMI Yong Pow Ang in BEIJING CHINA has no choice but to open its door to the world economy in the long run, said Prime Minister Lee Kuan Yew. The dangers of the runaway inflation
    333 words
  • 155 26 AFP CHINA'S southern province of Guangdong has announced a five-year export development programme invoking investments of US$6.4 billion, the Ckima Daily said yesterday. The plan also involved the setting np of two special zones for foreign companies and the development of a stock market,
    AFP  -  155 words
  • 602 26  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BTs Hongkong correspondent THE RECENT policy shift in the US which allows American commercial banks to trade corporate stocks is unlikely to have a major impact on the way they compete in Asian
    602 words
  • 216 26 AFP THE HONGKONG High Court yesterday found a former chairman of the Hong Kong Stock Exchange, Ronald Li, guilty on two graft charges involving company listings. Judge Kemal Bokhary said he would defer sentencing until today. Mr Li faces a maximum penalty of seven years'
    AFP  -  216 words
  • Page 26 Advertisements
    • 104 26 PiageT KMIUJER EN HORUOGERIE DEPUIS ISM GEN&VE jiV jAh ll^ B yjj Hjjr m i«g> Wr HBlt I 1 i« r f r v*al D 6ERRUTIIBBIITUM39 MEN'S BOUTIQUES 83UQITUO0 BMHM #01-1') The Paragon, Orchard Road Tel: 235 %55 #02-54/60 Wisma Atria. Orchard Road Tel: 734 9360 #01-45 Forum Gallena, Orchard
      104 words
    • 167 26 R&geT JOAILLIER EN HORLOGERIE DEPUISIB74 GEN&E I Mb ft V Ranked among Tatler's yL 100 Best Restaurants in 'o*s Singapore. And praised by food connoisseurs for serving the best Ikan Pepes (grilled w, fish in banana leaf) in town. Qtp fWD This most prestigious award 11 lt/1 V CUL IVVU
      167 words

  • Shipping Times
    • 488 27  -  *L Malini Tambyah OFFSHORE Pipeline Inc (OPI), owner of the world's second largest marine construction fleet, is aggressively expanding its operations in South-east Asia, West Africa and the Middle East. Barely two months after the acquisition of US$BO million worth of
      488 words
    • 205 27 Reuter JET FUEL prices have soared unnecessarily since the Aug 2 Iraqi invasion of Kuwait, the Air Transport Association (ATA) said. The association urged commodities markets to take actions to limit the price volatility. 'The market is being distorted by speculation
      Reuter  -  205 words
    • 328 27 Reuter NORTHWEST Airlines' new 5.8 per cent increase in airCues will almost certainly be matched soon by other major US carriers as jet fuel prices continue to surge, analysts said. "I think others will (follow)," said First Boston Corp analyst Paul Karos. "They
      Reuter  -  328 words
    • 198 27  -  From John Splers in SYDNEY AGREEMENT on the first major enterprise-based labour agreements (EBAs) which are key to Australia's waterfront reforms has been announced by the Federal Shipping Minister, Senator Bob Collins. He said that agreement had been reached between waterfront unions and National
      198 words
    • 491 27  -  From Pek Tiong Gee In BERLIN SINGAPORE AIRLINES is set to improve its coverage of the newly-unified Germany with more flights to Berlin and Frankfurt over the next two years. Mr Yap Kim Wah, SlA's director of marketing planning, told BT in Beriin recently
      491 words
    • 279 27 Reuter TOTAL foreign ship orders received by Japanese yards for the six months ended September hit their highest level since 1983, but the trend is unclear due to the rising yen and tension in the Persian Gulf, according to the Japan Ship Exporters'
      Reuter  -  279 words
    • NEWS SUMMARY
      • 97 27 INTERNATIONAL Tetocom Japan lac wil inat«ur*te pubtic twitched telephone aervice to Sweden and Norway front today in paitnenhip with the Swedish Telecom Intentional and Norwegian Telecommunications Administration. The company, chief rival of giant Overseas Communication! Japan (KDD), yesterday said standard charges for calls
        97 words
      • 56 27 SKY-HIGH newbuilding prices coupled with a relatively old world merchant fleet have made vessel life extension a feasible alternative to buying new ships. Bjorn Ostium, first vice-president of Christiana Bank, gave The Banker's View on Financing I jfc of Vessels during the recent Shiprepair
        56 words
      • 36 27 DEUTSCHE Lufthansa AG has withdrawn its application filed with the German cartel offioe to take a stake of up to 26 per cent in the former East German airline Interflug. Back Page
        36 words
      • 35 27 THE BOEING CO, Kill ode. brating an unprecedented US$22 billion order from United Airlines, has announced it received a USSI.3 billion order from Vara Brazil's flag carrier, for~t4 planes. Bftck Page
        35 words
      • 41 27 VEHICLE manufacturer SaabScania AB, it expected to show an improved eight-month profit oo Thursday despite having to bear half the burden of a 2.1 billion crown loss reported by its 50-per cent owned car company. Back Ftaoi
        41 words
    • LOG BOOK
      • 107 28 FINLAND'S state-owned energy company Neste Oy said it hopes, to become the foreign partner of the Estonian government in a venture to build an oil port in the Soviet Baltic republic. A Neste spokeswoman said other foreign companies are also competing for
        107 words
      • 145 28 A US. construction company proposed to build a toll highway through the new state of Saxony one of the five states which used to be East Germany, a Berlin daily said on Tuesday. The highway proposed by Sterlin Associates Alexandria of Virginia will connect
        145 words
      • 97 28 AVONDALE Industries Inc said it expects to report a net loss of US$2O million, or US$l.33 a share, when it issues its third-quarter results early next month. This compares with a net income of U*****,000, or one US cent a share, in the third quarter of
        97 words
      • 103 28 AMERICAN Telephone and Telegraph Co has won a US$ 157 million contract to build an undersea fiber-optic cable linking Hawaii with the United States mainland. The announcement, on Tuesday, of the contract award came during a meeting of 23 co-owners of the cable. The cable,
        103 words
      • 102 28 MC SHIPPING Inc said its damaged 16,600 deadweight ton containership MC Emerald was successfully refloated and moved to the port of Buenos Aires to unload her container cargo. The company said the ship, which was struck by another vessel at the mouth of the port on
        102 words
    • 1578 28 Sky-high newbuilding prices coupled with a relatively old world merchant fleet have made vessel life extension a feasible alternative to buying new ships. Bjom Ostrom (right), first vice-president of Christiana Bank, gave The Banker's View on Financing Life Extension of Vessels during the recent
      1,578 words
    • 885 28 Oct 16-20: Chinaport *90, International Port A Cargo Handling Equipment, Facilities Technology Exhibition, Tianjin Industrial Exhibition Centre, China. Oct 21-26: Airport Operators Council International 43rd Conference, Chicago, USA. Oct 24: Finance for the newbuilding of ships, conference, London Press centre, London EC4/ Oct 24-26: Intermodal Marketing Association/International Transportation
      885 words
    • 3286 41 A^ Shpg Agencies Pte Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Basineaa Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahreukiel Liner Service: Kim Shpg A Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ud (S). Alfred C
      3,286 words
    • 233 41 Abacas C'oarien Td *****11. Fax: *****98. Air Ehhm Tnwd Tel; 533-5771. Fax: *****44. Aktorae Freight Corporrioa Td 542-8844. Fix; *****16, *****80. AJrtwtt WorUwMe Coaricr Tel: 2784)188. Fax: *****83. AJS SMppUea Tet 748-6322 (2 lines), 747-7421. Fax: *****75. Cky-Liak Iateraatioaal Td: 344-3377. Fax: *****50. Tel: 296-5720. DHL lalcrMtfcNMl Tel:
      233 words
    • 1530 41 Abe* Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tet 225-1833. Fax: *****42. A CI Td: 542-7822. Fax: *****20. Atroliak Freight lateraatioaal Tet 545-8033. Fax: *****05. Atroapetd Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Ak Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Ak
      1,530 words
    • 2743 42 ARGENTINA Saa Loreaao: Three vessels loading peUetized meal, 1 loading grain, 1 loading fuel oil; I vessel in roads awaiting berth to load pellets. Roaafte One vessd in port berthed in ballast awaiting orders. VOla Coaatitadoa: One vessel loading pipes/wire coils. Saa Nicalaa; Five vessels operating in Kof
      2,743 words
    • 484 42 ARRIVALS DEPARTURES Op Flltht Type ETA Fraai Op FlfM l>pt KTD T* v/ TOOAY TOOAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKJC NCA KZ203 B747F 1935 NRT SIA SQ/BA822 B747F 0700 DXB/LHR CLX CV7963 B747F 2115 LUX/AUH/KUL CLX CV7974 B747F 2315 DXB/KUL FDX FM75
      484 words
    • 628 42 SHIP SALES TANKER RATES Reuter AFP SECONDHANp tonnage broken reported the newbuilding contract between London buyers and Japanese builders for a one million barrel tanker, delivery first quarter 1992, for a price in the region of US$75 million. Reported unconfirmed was the sale of the 1986-built Panama* tanker Sweetbriar of
      Reuter; AFP  -  628 words
    • 373 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Air Dep Nmm at Vessel ETA ETD Part Agent Pom of CMb ocToaot 22 22 Song of Flower 1100 2200 Neptune Agencies Sin-Seribo-Jkt-Seribu-Sin 23 24 Andaman Princess 0900 1600 Andaman Cruise Cruise to nowhere 23 24 Vignesswara 0800 2200 Transintra Shpg Sin-Kelang-Madras 23 26 New
      373 words
    • SHIPS IN PORT
      • 598 43 Vaaaal fcyNa Baft AnM Oapariaa Maal VayNa Bar* Mm Dapartara Ktppd WVHVWS Batfv Mm* 1203* CIO *v* 1110/1100 Onto 1/90 (P) R36 atonpda 21.10/2000 MM E-869 K32 -ones* 21.10/0600 Koto MM E-865 K33 17.10/1500 Ml Mram 1/10 K34 atonfafc 17.10/2300 Pyr»4M 209 R30 1110/1500 Sm lm 33EB
        598 words
      • 1034 43 HECEMNC OF EXPORT FCL CONTAINERS AND LCL CARGO Racard Ms S# tay lb Etb/Wr Mad Fran To Fran ft Mma*+ 66 19/0100 2 17/1700 18/0659 18/0900 N Mi 74 20/0100 1 17/1500 17/1659 17/1900 4 18/1200 18/1459 H/1700 B 173 19/0100 1 17/1500 17/1659 17/1900 2 17/1700 18/0659
        1,034 words
      • 373 43 Ptrt HOmg Mil at uik tat m Oct 15:1: Espotr 2: Phuket Navee; 4: Cheung Hmg 6: New Line No 1, Sinar Mega; 7: Hong Soon t Ik Meiaka Jaya. KCT: 8: Thana Bhum; 9: Malaysia Glory; 10; Press Arther. Ihrik Nrt 11; I Xing; 13; Hong
        373 words
    • 983 43 DRY cargo freight rates were firmer on Tuesday on continuing talk of interest in grain fixtures and higher time-charter rates, broken said. The Baltic Freight Index (BFI) was marked six points higher at 1,236. The Gulf/Japan grain route rose to U5522.75 from U5522.65 on Monday. Traders said they
      983 words
    • 364 44 Reuter DEUTSCHE Lufthansa AG has withdrawn its application filed with the German cartel office to take a stake of up to 26 per cent in the former East German airline Interflug. Lufthansa said in a statement that it withdrew the bid in view of the changed
      Reuter  -  364 words
    • 293 44 UPI THE BOEING CO, still celebrating an unprecedented US$22 billion order from United Airlines, has announced it received a US$l.3 billion order from Varig, Brazil's flag carrier, for 14 planes. Boeing said Varig placed firm orders for six 747-400 jumbo jets and eight
      UPI  -  293 words
    • 262 44 Reuter VEHICLE manufacturer Saab-Scania AB, is expected to show an improved eightmonth profit on Thursday despite having to bear half the burden of a 2.1 billion crown loss reported by its 50per cent owned car company. Analysts polled by Reuters said Saab-Scania was
      Reuter  -  262 words
  • Page 27 Advertisements
    • 158 27 HENG METAL CO PTE LTD I Nol 11 Tubs hmnm 14, SPORE 2263 I FAX 861-2M6 TEL Wl-6K6 (5 UNES) I TIXRB ***** BHMCPI MAfMOFA ANRO initiated the first regular container shipping service between Australia and South-East Asia back in 1977. In the 13 years since, we've seen a lot
      158 words
    • 38 27 Mr F«nw*n 15 NrNtftSdM* II CNMW&M* 17 CNMSbioi 15 MMtferyicMrtH U MyFn#b 17 Mb to Morton 3 NrtCi in II Staff***. 15 Stapstf«/T«M Ma It StapiiiMt 17 Stappm fiM 17 Trwpvt Otary 2 VMM mt Sm Conttns 17
      38 words

  • Page 28 Advertisements
    • 82 28 IOR 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
    • 8 28 The Cockett report was not available at press-time.
      8 words
    • 17 28 LANDING —CMiniOHfIM.IJ.MTTTPW—| CRAFT BMWN®ON£®A Enquiry picas# call 294 2436 296 3167 29* 6103 JOOHWA SHIPPING PTE LTD
      17 words

  • Page 29 Advertisements
    • 1850 29 *OllO» JAROINC SHIPPING AGENCIES \mllf/ 200 Cantomiwit tad #12 05 Souttnwnt. Sw»w (HOB WWT TN TtLLX NO RS ***** ••HfCß&li termikaucfs t«i *****11 m J ®J^A*w«E t Swfii« agencies son. mm. PORT KELAM TEL *****18 TELEX NO. MA*****/MAJ9ADI SSS PENAN6 TEL *****4 TELEX NO MA4OO7J CfS TEI *****6 pcjfcgted K.
      1,850 words
    • 855 29 [HDEX TO ADVERTISERS hp Cal 1% CM ABC ConUinerfine 13 3 Mao-Nds Arncxs 14 1/2 Accord Group 8 1-3 Macoline II 2/3 Albatros Sea-Air 14 3 Maersk Line 3 4/3 •APL 3 3-3 aMISC 14 1-3 APC Line 14 3 M'tu Shp» Corp 9 1/2 •Arrow Lines 9 3 Menddaaohn
      855 words
    • 1909 29 J r j* jl VMMI Vor FT A ETO pSi y*!/ 1 DESTINATIONS TMa <Mt Lam M (OW fnlii jj 2VIO 0400 MRS M Farao a era sans SMS M M Tauro OAK LOI MOO MEM ATI. MM CHS ML m KVC MON Ton V M 23/10 24/ tO I*lo
      1,909 words

  • Page 30 Advertisements
    • 1077 30 M A bhh ™"V A ROTTERDAM/ D VOY NO S PORE P. KELANO SOUTHAMPTON HAMBUBG BREMERHAVEN ANTWERP L£ HAVRE H KOWLOON BAY 07/524 18/10 12/11 6/11 8/11 VII 11/11 KURAMA 07/528 21/10 7/11 9/11 11/11 12/11 14/11 OSAKA BAY 98/527 25/10 18/11 13/11 IS/11 12/11 18/11 HONG KONG EXPRESS 97/531
      1,077 words
    • 455 30 ah DIRECT SOUTH PACIFIC SERVICE SIN NOU SUY PPT SEASPAC II 28/10 8/11 18/11 15/11 ALSO ACCEPTING CAROO VIA SUVA TO: LAUTOKA. PAGO PAGO. AHA A NUKUALOAf A DIRECT CHILE SERVICE SIN IQQ ANP VAP SEASPAC II 28/10 29/11 30/11 2/12 6 Alm Kcepting Carf* to CallM (Pm) vU Vafce
      455 words
    • 1186 30 El Will* UR REGULAR MOEPCNOEMT FULL CONTAMER aenVlC* WESTBOUIib P6A EUROPE VSL/VOY SIN ALG Ml Fa ROT ART NAI BRE LHA r N. SNARJAN 9033-3 22/11 11/11 14/11 19/11 21/11 24/11 23/11 25/11 26/11 N. MUBARAK 9034-3 30/10 20/11 3/11 25/11 27/11 JRfU, 29/11 31/11 1/12 N. AL MANSOORAH 9035-3
      1,186 words

  • Page 31 Advertisements
    • 1601 31 ®jgSleamers Maritime Holdings Ltd p&o f STRAITS SHIPPING! Containers %No *cctm out sails HOWL OON BAY 97/524 HOX-W0 I*lo 14/11 01/11 10/11 o*ll I*ll CAKO KIMAMA 07/SM +HOX I*lo *1/10 17/11 o*ll 11/11 STRAITS VENTURE V24E Muara. Lak. KK la Pt 19 Oct OSAKA MY 9*57 ♦T BHUM-Jl/10 25/10 MVII
      1,601 words
    • 1544 31 SP LN ROM HAM t'NVN FLX SPORE MK KAO KOB BU CHOYANG SUCCESS Oil* 21/10 0/11 *11 I*ll 12/11 I*ll CHOVANC CHANCE 0«K 2*lo 24/10 27/10 30/10 2/11 HANJIN HAMBURG 003W 27/10 I*ll I*ll I*ll I*ll 11/11 HANJIN LEHAVRE OOK 2*lo 1/11 2/11 *11 *11 HANJIN ROTTERDAM Oil* o*ll 2*ll
      1,544 words
    • 374 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-ROA HEAVY LIFTS VESSEL ASIAN COMC MURIER EAST STAR CHALLENGER lAWW VOY. NO lIS I J U Sport 24/10 Z7/M Jt/Vt 801 p. tuunt am anc am CtHtUfMg yu Calcutta Yokohama lj/u Uyil *»W» I*ll 17/U Osaka I*ll SmMui 12/11 Tokyo hothi—iiiti "For Discharging
      374 words

  • Page 32 Advertisements
    • 636 32 MB CM MM 11M7IIIW 0 I EXPKSS SQH-CMTAMIISWP SERVICE T9 EVMPE VHJVOY S*MK MMVMtMI N'BUK MOKN ANTWt**, ORMMAYA/MM 14-I*ll IM2 fl/12 HH MU tuMnam a-gul m an an an I FAIT TRANSIT TIME ACCCPTTMQ MCAKBUUOCONTAMCRnCD CARGO V. tart 9Md. Mart AtaaenMM, Genoa, TrteeM. ALSO ACCEFTINC BOTH CONTAINERS, CONVENTIONAL CARGO VIA
      636 words
    • 694 32 IffIyHANJIN SHIPPING II FULL CONTAINER SERVICE S port LaHavro Rte MW| rtwvon F«tow FEEOER VSL SM UNC HAUL LAX OAK CHOYAHG SUCCESS 0U« 21/10 *11 *11 10/11 U/ll I*ll CHOYANG CHANCE 040 C 2*M H. SEATTLE OME I*U I*U HANJIH HAMBURG OHW 2*lo I*ll I*ll 17/11 I*ll B*ll HANJIN LE
      694 words
    • 1266 32 X 1 -kfi -MJ- f-T3THfr A I L I 1 ■mJ k ft m JJYBnKB »i B sMIIiTi ■la »tril!H IWAI |S| SMW I— NMRaBKLfimMaaiKaKmLAXCMaM.«VCUNAMIMinX«SMfB' i orriß re-mi ht» am mn» nj* vu yii ?m mi ivu uu aoi m w w am am »P aju "P W c GRcrr
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  • Page 33 Advertisements
    • 1779 33 J NEPTUNE AGENCIES fr"E LTD SINGAPORE TEL *****77 (CR NO: **********06) BOOKINGS' UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 WQF TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.U.-(03) *****33, P.Kelang-<O3) *****87,
      1,779 words
    • 1172 33 SINSQV j SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 S PENANG: *****4/ *****8 JOHORE BAHRU: *****1f *****1 1 (REGULAR INDEPENDENT SEftVl&j t Iy* f IH| ftfl |H H H DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND p
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  • Page 34 Advertisements
    • 1223 34 |i= r SKIINE J KAWASAKI KISEN KAISHA, LTD. J I nwrntr n. ambwca pacific south-west ll mpom n. America pacific south-west j /fimWMWg T |'Mo° iCIT* »10 4fc2sf g «*B«W£ IUII 5" IM* a»rfl I T/» T J?? sK>jj /.ICIKTEMMU l*» 25,10 27/10 MANHATTAN BS'OGt 37 I*ll 21/11 23/11 Sll
      1,223 words
    • 691 34 tfw* PHM-OMNT UN€S PTC LTD 106 ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 TEL; *****22/*****60/*****00 TELEX: RS ***** PHBJ FAX: *****76/*****36 BY AIR, LAND OR SEA HflfeaMF WE TAKE ON THE WORLD FOR YOU 20 OCT MOfTRtALOTTAWA, TORONTO, I VANCOUVER, S"WESTERN ONTARIO. I 21 OCT DUBAI, DAMMAN, SHARJAH, DOHA, CHARLESTON
      691 words
    • 324 34 I tr-»fcr7 GOLDEN LINE Vyf>*i GUAN GUAN SHIPPING (PTE) LTD iT" feaavtagaygj' (Ct wanM) r*wt f. Mm 9mm GOLDEN HARVEST UattflmWMi apt Oct GOLDEN WOMOER CrtMta/Krafttftt* MM OAI run SHAW Xmrnm/futm 00 Mm MAI VIM MAM XmmWFiMm Oct QtNC nwc U>HAO Hiiwqm/T— *7 Mm B T ,.g., apt Oct A
      324 words

  • Page 35 Advertisements
    • 1443 35 asssgflff PACIFIC INTERNATIONAL LINES (PTE) LTD |BESS 9 fli PtL BuHding, 140 Cert Street #0300, Singapore 0106. r JAKARTA I BANGKOK VM L ?T,« SSI.. «*«L VOV SIN MCK MN «51 I*']® 2"® 2"® PEGASUS PROGRESS KMN 20/10 2VIO 17/10 delta MAS im lino a/io 20/10 KOTA RIA KN 21/10
      1,443 words
    • 1070 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** IBhhhPhhhhhhl VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN RDAM LHAVRE Kowtoon Bay' 97/524 19/10 12/11 8/11 8/11 5/11 11/11 Kurama+ 07/528 21/10 Via Hox 7/11 10/11 12/11 Osaka Bay 96/527 25/10
      1,070 words
    • 276 35 wa MYANMA \9Bk hvectwub v\ fMi liiHnail I Iml w V fiiiionii lvnvj Loading for Yo*|O* (Rasps*) Sport P.Kit Na P.Q* PATHCIN VIO6W SM P» HPA-AN VISM ta PI PAGAN VICW 113 OCT MYOMA YWA VI3OW ZVZ7 Oct THE BANK LINE (AfrHc«o<»ii<iiii Will BUMplm) \r SCMI-CONTAMCn MMWCI \> MiAVY LIFT
      276 words

  • Page 36 Advertisements
    • 436 36 Pacific Richfield Marine £r Britoil Worldwide Tow iHH TODAY jjUV Worldwi The b Bank L «J/li of suppl W M W mm Richfield Marine Re Ltd llfli mil l( Britoii Worldwide Towing Co Re Ltd L^jajjj on the launching of two new tugboats 1 1 ®si 3* From [J *y
      436 words

  • Page 37 Advertisements
    • 474 37 toil Worldwide Towing Launch two new tugboats... TODAY marks a very special occasion for Pacific Richfield Marine and Britoil Says Mr Rony Sudjaka, Chairman of Pacific Richfield Marine and Britoil: 1 Worldwide Towing. Both companies will launch two tugboats at the builder's believe the outlook in this market is very
      474 words

  • Page 38 Advertisements
    • 778 38 /MBIIiEDIIIBh INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT DUTBOUNO UN FIX MV ROM ANT HK RST thueringen wo wo u/u i*u urn am am PANAMA SEN WFMS W Sm W W W W EUROPEAN SEN «FM 13/11 4f12 7fli *12 10fl2 12/12 ASIAN SEN WFOM 2*ll 22/1J 21/12
      778 words
    • 1156 38 TEL: *****88/*****22 m cmauMiM samca it: FAR EAST PORT KELANG 26/10 3/11 MANILA 20/10 A 27/10 PENANG 20/10 A 3/11 BUSAN 20/10 A 30/10 BANGKOK 20/10 A 24/10 TOKYO 25/10 A 1/11 HONGKONG 23/10 A 27/10 YOKOHAMA 25/10 A 1/11 KAOHSIUNG 21/10 A 28/10 KOBE 25/10 A 1/11 KEELUNG 21/10
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    • 306 38 LOADING FOR VCSttL SPO« COO DM OAIKS MtOCO MO ITS HIT PAOUA KOSTVfEN I VU U/UQTU- VI 7/1 OfT VJMB-2 DISCHARGING FM BRAZIL ONLY SPOMImNL M KU SO SAM TDK MOO KOB ■on MOM I n/M vu vu nni wu m/u ivu iwu VJMBJ Ragular BBuNi and Contalnar Sarvtca Direct
      306 words
    • 1202 38 W CHINA OCEAN SHIPPING COMPANY W 2, MISTRt ROAD, HMC BUILDING 22°L« U1 #15-00, Singapore 0207 FULL CONTAINER LINER SERVICE mBL c°«» c« NO um— cuttcaxSuw General Agents: OOfTMamBPR LTD utatuvor I fix hot im aw on vemeuvot fix mt mm urn iw m qnj he/mw um mu wi wi
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  • Page 39 Advertisements
    • 688 39 NMon-asia CR **********0N TEL: *****22 FAX: *****86 4 Competitive Rates!! ETA USA All IPI Destns 20/10, 27/10 EUROPE all Ports 20/10, 27/10 BANGKOK 20/10, 24/10 HONGKONG/CHINA 2S/10, 28/10 SYD, MEL, ADEL, BRIS 24/10, 29/10 FREMANTLE 22/10, 27/10 MANILA 23/10, 26/10 PKLG/PENANG 28/10, 31/10 Part Kalang Branch Tat: 307)421/2/3 Fas *****24
      688 words
    • 239 39 HSTBIELO MMINE AGENCIES (S) rn LTD J| TEL: *****33 (12 Unaa) m FAX: *****18/*****03 ICO] TELEX: R8 ***** RISHIP (3 Unaa) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA ILOAONQ FOB *OWi NETSAMET 20WB 9/11 DAfIESSALAAM. MOMBASA. DJIBOUTI ASSAB, MASSAWA ABYOT tJHB 28/11
      239 words
    • 793 39 T. MASKAPAI PELAYARAN W PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED OAY SCHEDULE BETWEEN THE PORTS OTTWRE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL VOY SIN JKT PAJ SIN OKUNOZE 99S 19/10 22/10
      793 words
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      906 words

  • Page 40 Advertisements
    • 1098 40 m MAC-NELS SINGAPORE 1 bfwt til num\ 1 iwm tel aiMttl HhjflkJii PENANG TEL: (04) *****6 KK TEL: (088) *****01TAWAU TEL: (089) *****9 nrTTTzxTTTI P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 1 -IVV \-J J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN
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  • Page 42 Advertisements
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    • 53 42 |35| EURdPE/S.LA. BREAKBULK SEftVltt 4j? VESSEL NEPTUNE SIRIUS SINGAPORE 14/11 MANILA 18/11 KEELUNG 28/11 «T»I: *****27 Fix: *****30 Tlx: R8 ***** METCO PH Nn 1177.<uiMMoaK VtSMI VOY WO. »IN HA* CAt ILOVIK 133N 22/10 29/10 TIGER CREEK 107CNB 16/10 2S/10 ALCOR 134N 28/10 04/10 TIGER RIVER 108CNB 20/10 26/10 ILOVIK
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    • 20 42 Qrieht Bulk Line i|gG&Z&32fIEB3SDB2ESB9B32B|jBEB339i KKU SIN PKL OESTN SINGA SKY/***** Sid In PI FLU/ANT/UK/ BFS BLUEBELL SUSANNAH/***** 20/10 26/10 FLU/ANT/UK(HUL)
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  • Page 43 Miscellaneous
    • 410 43 TIDES AND WEATHER TODAY'S TIOCS (height in metres) how 0000 0100 0200 ***** too hooooqio7oooooooioo ***************0 moo uoo moo *****111—zmtmrm 1 17 25 1.7 L 2 OJ as 0.7 IjO LO 13 2J 2.9 2.7 25 L 7 Ll 17 05 04 OJ U 1J U 2.7 PP 17 13
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  • Page 44 Advertisements
    • 286 44 CHARTPOiNT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 25/10 SPRING STAR 09/90 12/10 31/10 For Enquires Call CALVIN HO/DANY LAU nit) MAP HOE SHFPMG ENTERPR6E V fjlif J TEL *****06 FAX: *****10 \jfjy TLX RS ***** HHSHPG PT. pelayaran. SAMUDfIA A6UH6 KUALA SIAK
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    • 704 44 MERCHANT MAMNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC IBM OAK SEA CHI FROM PSW VOY ISM OAK SEA HKC SIN HYUNDAI INNOVATOR 38E 20/10 2S/10 12/11 14/11 17/11 18/11 LALANDIA 3«W IMB 21/08 2«/0» 12/10 21/10 HYUNDAI EXPLORER SE 27/10 lfll ISfll 21/11
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    • 557 44 CHARTPOINT Every Saturday in Business Times WW MlMrVanl My IM I LAX |MK |NOU |ML |CM/ |NM M |RTC I »UN6A KOMMk" %S U/M AUJCATO« NOW BTMWgjg r wiUlmiU mi I OUR USA ft •UN6A UMJMNC IW 11/ M AUtCATM TttUM iJCB Hll>| 17/U|Mftl|aftl |aftl |H/U [llftl |*VU m SERVICE
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