The Business Times, 22 September 1989

Microfilm: NL16759
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES MCI (P) 46/12/88 FRIDAY, SEPTEMBER 22, 1989 I NAi 75 CEISXS
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  • Article
    FINANCIAL NEWS SUMMARY
    240 1 Dow up THE US stock market turned upward yesterday morning with a lift from fresh evidence of a slowing American economy. The Dow Jones average of 30 industrials rose 5.51 to 2,689.40 at 1430 GMT in the first hour of trading. AP Footsie up LONDON share prices
    240 words
  • Article, Illustration
    Sydney sags amid buoyant regional markets
    366 1 REGIONAL STOCK MARKETS traded higher yesterday except for Australia where a record A 52.58 billion current account deficit deepened the gloom in an already bearish market. In Singapore, prices rose over a broad front in brisk trading, buoyed by UlC's property sale at a
    366 words
  • Article
    UIC snaps up 13pc stake in Singland
    633 1  -  SECOND LARGEST SHAREHOLDER NOW By ELAINE KOH,KEVIN GWEE DEAL-MAKER United Industrial Corporation has chosen to park some of the big money it made this week on its sale of the Paragon and the adjoining Bideford Road land for a record $690 million in
    633 words
  • Article
    Lock icon Gorbachev promotes KGB head, top economic planner
    234 1 AP PRESIDENT Mikhail Gorbachev pulled off a stunning shake-up of the Communist Party politburo on Wednesday, retiring a quarter of the ruling body in one stroke and promoting his KGB chief and top economic planner. The 71-year-old Ukrainian party chief, Vladimir Shcherbitsky, former
    AP  -  234 words
  • Article
    Lock icon Australia suffers record current account deficit
    220 1 AFP AUSTRALIA'S unadjusted current account deficit blew out to a record A 52.58 billion in August, sending the local currency and stocks sliding. But the government said it saw no need to raise interest rates further despite the deficit, fuelled by a 21 per
    AFP  -  220 words
  • Article
    SPC wins Taiwanese trial refining contract
    330 1  -  By LILIAN ANG LOCAL oil refining company Singapore Petroleum Corporation has virtually beaten American and Japanese competitors to process a trial cargo of crude oil for Taiwan, a deal which could pave the way for long term processing. Only a few details remain to
    330 words
  • Article
    Lock icon Mahathir may be planning early elections: officials
    166 1 AFP PRIME MINISTER Mahathir Mohamad, buoyed by a strong economic upturn, is contemplating an early general election which he could call at any time, officials said in Kuala Lumpur yesterday. "The prime minister has told us to prepare for polls. We are putting
    AFP  -  166 words
  • Article
    Indonesian group to make $92m bid for Sim Lim
    520 1  -  By AMY BALAN THE SUMMA GROUP, arguably Indonesia's fastest growing conglomerate. is making a $92 45 million takeover bid for Sim Lim Investments (SLI). About five minutes before the stockmarket closed, Hongkongincorporated Summa Surya International Ltd (SSI), a whollyowned subsidiary of
    520 words
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      139 1 f<JV» ART 70 (*JI WEAR. »c«rtiiin>»nr *"i 1 DM) (m. »«*y ihwmwkm «m »"«hiiij*Dll Sichuan Cuisine at its best Smoked Sichuan Duck (Boneless) IfiKH Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and
      139 words
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      12 1 Full report, PAGE 16 Regional roport, PAGE 18 World roport, PAGE 19
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      176 1 On the Back Page: Bigger Is not tetter for South-oast Asian market: PM Lao Editorial Comment: A double-edged prudence Clarke Quay The bids and the plans Energy talks Concern for the environment S'pore's retail landscape The Koreans are coming ,10 Problem loans Chase sets aside USsl.3b 10 Philippine economy Inflation-related
      176 words
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      8 1 Mahathir dtapala talk ot atralnad ttaa, PAQE 4
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      234 1 I V-' Easy rests the bum HERMAN MILLER. The name sounds vaguely familiar, but if you think he used to be Mr Marilyn Monroe or wrote books about the Tropic of Cancer, think again. This Miller makes office chairs that some posteriors swear by. In tomorrow's EincuHv LM—tyto, our writer
      234 words
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  • HOME NEWS
    • Article, Illustration
      The Koreans are coming! the Koreans are coming!
      328 2  -  By GENEVIEVE CUA SINGAPORE'S retail landscape, now crowded with Japanese players, may see yet another group of competitors in the next two to three years the South Koreans. Korean retail chains are be- ginning to explore the possibility going global, and Nara
      328 words
    • Article
      SRMA not far behind Japanese counterparts in data pooling
      349 2  -  -By SUZANNE SOH SINGAPORE'S retail association is not far behind its Japanese counterparts when it comes to data pooling and national standards, said the chief of the Singapore Retail Merchants Association (SRMA). Members of the SRMA have access to a pool
      349 words
    • Article
      Next retail forum to be held at Bangkok's World Trade Centre in 1991
      295 2 BANGKOK'S new $800 million World Trade Centre scheduled to open one year before Singapore's Marina Square convention centre is completed will be the venue for the next retail forum in 1991. The Thais hope to beat the
      295 words
    • Article
      Marketing skills a premium in year 2000, says don
      501 2 MARKETING will be the driving force behind corporate activities by the year 2000. And in the battle up the corporate ladder, a great premium will be placed on marketing skills. Professor Tan Chin Tiong of the National University of Singapore (NUS)
      501 words
    • Article, Illustration
      Traditional British seafood restaurant to open next September
      481 2  -  By JOCELYN TOH A TRADITIONAL British seafood restaurant plans to give the übiquitous Chinese-style seafood restaurants a run for their monsy. Bentley's Seafood Restaurant will be here by next September to offer North Sea fare. And bringing it hers is Herbert Towning,
      481 words
    • Article, Illustration
      Courses to train automation specialists
      343 3  -  By JOCELYN TOH TWO ECONOMIC Development Board training institutes have started new courses and training programmes to produce more automation-oriented specialists. The German-Singapore Institute (GSI) has set up its Computer Integrated Manufacturing (CIM) Laboratory, while the French-Singapore Institute is training students in factory automation electronics.
      343 words
    • Article
      Micro-computer show nets $5.2m in immediate sales
      158 3 COMTEC '89 exhibitors have secured on-the-spot sales of $5.2 million and trade enquiries worth $15 million, according to the micro-computer show's organisers. "Two firms, G E S Singapore, vendor of Datamini computers and Cubic personal computer manufacturer Creative Technology had combined sales of
      158 words
    • Article
      Far East Computer clinches Telecom's computer network deal
      256 3 FAR EAST Computers has clinched a contract to provide Singapore Telecom with a local area network (LAN) system to link its personal computers. "Initially, with the award value of about $300,000, 80 personal computers and 20 printers in various departments will be
      256 words
    • Article
      Pepperl + Fuchs pumping $8m into its S'pore set-up
      515 3  - Pepperl Fuchs pumping $8m into its S'pore set-up By SANGEETA MULCHAND AS PART of its efforts to meet rising demand, West German company Pepperl Fuchs is investing $8 million in its Singapore operations over the next two years. This brings its total investments here close to $20 million in the
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    • Article
      Envoy presents credentials
      36 3 THE HIGH Commissioner of Canada, Mr Bernard Gagosz, presented his credentials to President Wee Kim Wee at the Istana yesterday, s Ministry of Foreign Affairs statement said. Mr Gagosz succeeds Mr Seen Brady.
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    • Article
      Corrections and clarifications
      49 3 IN OUR REPORT "Shangri-La takes 40pc stake in new Sentosa hotel" yesterday, the shareholdings for Mr Prajogo Pangestu and Kuok (S) Ltd were transposed. The correct shareholdings should be Mr Pangestu, 51 per cent and Kuok (S), 9 per cent We are sorry for the error.
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    • Article
      Exhibition on building services to be held in October 1990
      179 3 A REGIONAL CONFERENCE to bring together suppliers and users of mechanical and electrical (M&E) products and services will be held here in October 1990. The Building Services South East Asia Exhibition and Conference 1990 will be held at the World
      179 words
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      230 2 AOttlAitCO Seven Banks, one network for woridwide coverage. This is the MPS Banking GroupThe advantage of belonging to a group is that each component benefits from the different skills and strengths of the others. They are separate entities and as such meet the needs of ttieir particular markets in their
      230 words
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      110 3 "Last tvetk I went to see the man at Tan Chong about a new Cefiro. And he told me-. The Nissan Cefiro is a superbly engineered personal luxury sedan, with features not found on even the most prestigious European cars, like DUET-SS Supersonic Suspension System andDUETEA for better power and
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      143 3 IQlobal t«mp«ratur»s for Sw 22 OUTLOOK: liH« Aberdeen 16/12 Rainy Awtordcm 20/13 Shower* Athens 31/21 Sunny Auckland 17/10 Shower* Bangkok 30/24 Shower* Bafng 24/16 Sumy Belfast 15/11 Rainy Birmingham It/12 dowdy Brunei 32/24 Shower* Bruneis 21/12 Shower* Chicago 29/18 Sumy Cop*hogen 17/10 Shower* Frankfurt 24/13 Shower* Geneva 24/13 Shower* Glasgow
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  • FOREIGN NEWS
    • Article
      Lock icon US economy growing at mixed pace: Fed report
      459 4 AP THE US ECONOMY continued to i grow late this summer at a pace < ranging regionally from slow to moderate, while inflation eased over much of the nation, the Federal Reserve reported on Wednesday. Analysts said the report indicates that the
      AP  -  459 words
    • Article, Illustration
      Lock icon CIA to shift its focus to economic issues
      426 4 AP TRENCH COATS, cameras concealed in cigarette lighters and dead-letter drops will likely be overshadowed by computers and financial spreadsheets in the US Central Intelligence Agency in the coming years. CIA director William H Webster said on Tuesday that his agency will
      AP  -  426 words
    • Article
      Lock icon Pan Am fined US$630,000 for alleged security breaches
      167 4 AP THE US government announced on Wednesday U*****,000 in fines against Pan American World Airways for alleged security violations found after the bombing of Flight 103 over Lockerbie, Scotland, that killed 270 people. Pan Am, which has 30 days to appeal, said
      AP  -  167 words
    • Article
      Lock icon Mahathir dispels talk of strained ties with Sarawak chief minister
      319 4 Bernama DATUK SERI DR Mahathir Mohamad yesterday dispelled speculations about strained relations between him and Sarawak Chief Minister Tan Sri Haji Abdul Taib Mahmud. Opening the Sarawak Parti Pesaka Bumiputera Bersatu (PBB) general assembly in Kuching, the Malaysian prime minister
      Bernama  -  319 words
    • Article
      Lock icon KL studying legal means to curb commercial crimes
      234 4 Bernama MALAYSIAN Inspector-General of Police Tan Sri Haniff Omar said several legal measures are currently being studied by the Attorney-General and the police to check commercial crimes. One of the measures under study was amending the Bankruptcy Act, he said at a
      Bernama  -  234 words
    • Article
      Lock icon Soviets ease stand on fighter plane cuts
      538 4 NYT THE SOVIET UNION has informed the United States that it plans to present a new proposal on limiting aircraft, which is the principal issue blocking an agreement to cut conventional forces in Europe, American officials said on Wednesday. The top Soviet negotiator
      NYT  -  538 words
    • Article
      Lock icon Soviet republics to get financial autonomy
      308 4 AFP THE SOVIET Communist Party on Wednesday called for economic devolution and greater sovereignty for individual Soviet republics ss a means of breathing new life into a federation rife with ethnic unrest On the second and final day of its meeting in Moscow the
      AFP  -  308 words
    • Article
      Lock icon Members of East German Communist Party defect to reform group
      268 4 Reuter NUMEROUS reform-minded members of East Germany's ruling Communlet Party have joined a new group opposed to its hardline policies, a prominent member of the group said on Wednesday. Baerbel Bohley, an East Berlin painter who helped found the nationwide,
      Reuter  -  268 words
    • Article
      Lock icon Verification holding up talks on chemical weapons ban
      140 4 AP NEGOTIATIONS on a chemical weapons ban are being held up by the refusal of six major countries to agree to a vital verification step, a senior US negotiator has said. Mr Max Friedersdorf. the US embassador to negotiations in Geneve, told
      AP  -  140 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1119 4 ARRIVALS Operator S#rvioi Local From number Hnw SiA MAS UAL KAL tJA JAL DLH SIA MAS SIA MAS MAS SIA OA swt MAS GU SIA tBA Of A SAS SIA GU THA SIA SU GU SIA TtY MAS SAB SIA SU SU HN SU MAS SU SU
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    • Article
      Lock icon HK's tourism industry badly hit by Beijing unrest
      461 5 Reuter HONGKONG'S tourism has been hit hard by the recent turmoil in China and business is likely to remain poor for many months, industry analysts and executives say. Local travel agents have seen their business fall by half and 30 have shut
      Reuter  -  461 words
    • Article
      Lock icon China to introduce new weaponry
      152 5 AFP CH)NA, slapped with an arms embargo following its crackdown on- the pro-democracy movement, will soon introduce new domestically produced weapons, the official China Daily said in Beijing on Wednesday. The paper, citing information from China's National Defence Science and Technology Commission, said the weaponry
      AFP  -  152 words
    • Article, Illustration
      Lock icon No discrimination against US chips, promises EC
      500 5 NYT THE US Trade Representative, Carla Hills, said in Washington on Wednesday that the European Community had assured her that it would not discriminate against American manufacturers in setting rules of origin for computer memory chips. The assurances, related to directives that Brussels
      NYT  -  500 words
    • Article
      Lock icon Japan to polish up its image at Europe test
      202 5 AP JAPAN is underwriting a European cultural extravaganza this fall, trying to broaden Japan's image in the European Community beyond that of a some-times-aggressive trading partner. "Europalia 89 Japan" starts on Sep 26 and will feature major exhibits, plays, ballet performances,
      AP  -  202 words
    • Article
      Lock icon EC takes UK to court over failure to meet drinking water standards
      420 5 FT THE EUROPEAN Commission has carried out its threat to take the British government to court for failing to meet Community drinking water standards, to the embarrassment and fury of ministers. The announcement in Brussels on Tuesday by
      FT  -  420 words
    • Article
      Lock icon World Bank in consultation with China about loans
      199 5 NYT AP THE WORLD BANK is in "close consultation" with China about a resumption of lending to China "in the not too distant future", the bank's president. Barber B Conable. said on Wednesday. At the same time, the Soviet Union announced in
      NYT; AP  -  199 words
    • Article
      Lock icon Li Peng shifts economic emphasis to state sector
      474 5 Reuter CHINA'S Premier Li Peng has ordered rural factories to take second place to state firms as central planning wins back territory lost to the market and leftist party secretaries wrest power from factory managers. The Economic Daily yesterday quoted Mr Li
      Reuter  -  474 words
    • Article
      Lock icon CIA expects halt in China's reform, rise in arms spending
      291 5 AP ECONOMIC reform in China will be at a standstill for the next few years and military spending may rise, says the US Central Intelligence Agency. The popular demonstrations that swept China in late spring to protest political restrictions, official
      AP  -  291 words
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      98 4 The Great Escape Explore New Zealand as you please Set off on a motorhomc or self-drive holiday and pursue your own particular interest. Sightseeing excursions, cultural activities wilderness treks, fishing at remote spots, rafting on rivers and many more. Book now! Spectacular New Zealand beckons JetSQt& a,r nEtu ZEaLano 70
      98 words
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      41 4 The butincsi person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Chanfi Airport at 22rC5 hours and arriving at Lester ft. Parson International Airport the following day. Call your Tnvrl Agent or Air Canada at 7JMSS. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      36 4 Doonesbury UM..HBUO OUTTH&B* ft 7H&ZS ANYTHING SPBOAL VXrPUKBMZ TOPO V YEAH, HONEY. JUST POINT WTHePHZB AFSAS. 1-22. (9 i BY GARRY TRUDEAU HMM~ MAYBE UifTH PLASDC UJHAPPA YA THINK T SNP9NP PfRBCWN UULrA Ya n»y ■J
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      125 5 r ffSfcNICE TOUCH OCBC BANK" FOR THE LAUNCH NC/? 5682 Interactive Self-Service Terminal OF YOUR NEW INTERACTIVE SELF-SERVICE NCR 5682 Interactive Self-Service Terminal !nsn ~7 > From today, better self-service banking facilities are at your fingertips with the BOSS (Bank On Self Service) OCBC Bank's new interactive self-service terminal. You
      125 words
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  • MONEY AND EXCHANGES
    • Article
      Untitled
      375 6 SINGAPORE: The US dollar closed mixed yesterday, slightly lower against the yen and higher against the mark alter quiet and cautious trading, dealers said. It closed at 145.00/10 yen against New York's 145.12/22 yen and at 1.9425/35 marks against 1.9406/18 marks. Dealers said the dollar was confined to narrow ranges,
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    • Article
      Forex markets Foreign Exchange
      939 6 ing left the dollar slightly firmer than its opening level in a market largely paralysed by last night's Bundesbank meeting. Nervous selling in the final minutes of trade on news that a Bundesbank report said it would be wrong to lower its guard against inflation erased
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    • Article
      Lock icon Simex
      522 6 Reuter EURODOLLAR futures closed firmer yesterday on active commercial short-covering and buying interest after weaker IMM closing prices, dealers said. Traders were, however, awaiting for possible market direction from last night's 1230 GMT final revision of US second quarter QNP data although some expect it to have little impact
      Reuter  -  522 words
    • Article
      Lock icon IMM
      274 6 Reuter IMM CURRENCY futures closed higher but off session peaks after holding most of their early gains throughout a quiet Wednesday afternoon. "It was a real quiet afternoon," one currency futures trade said. "It was a local trade." The early gains stemmed from short-covering ahead of tomorrow's meeting of
      Reuter  -  274 words
    • Article
      Comex gold/silver futures
      185 6 Gold futures on September 20, 1989 100 troy Op an ouncBS. USS par troy o unca Mtgh U« SMk S*P 341.40 361.40 361 40 364.90 3-70 Oct Nov 362.40 369AO 362.40 365-70 3J0 368.00 370 Dec Feb 366.50 ***** 366 40 37ai0 3.90 371.00 375.00 371.00 374.00
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    • Article
      Options
      1203 6 CURRENCY FUTURES OPTIONS Thursday, Soptwn ib*r 21, 1989 OEUTSCHEMAMC (SMEX) No Htft tn MdOM JAPANESE YEN (SMEX) M No SbSo i AM Wtdnnday, $4 no don< r 20, 1989 MUTISM P< 3 UNO CSMSS; otnli ilwr't* P« me* 1S2S Oct-c Hmm I 4.46 5 26 toe-c 6.04 3e*-p 0.46
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    • Article
      Asian $ market
      220 6 Asian market ASIAN DOLLAR deposit rates opened slightly firmer in thin trade following a decline in US bond prices, dealers said. Among short-dates, Thursday/Friday was unchanged at 9-1/8 9 per cent, but week-fixed rose 1/16 point to 9-1/8 9 per cent. US) Of*W MO 7 doy* 9 3/16 9 1/16
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      367 6 Practical Aspects Of SETTING IT OFFSHORE Challenges Opportunities of Global Business 5 6 October 1989, Crown Prince Singapore This conference is structured to focus on critical issues. Capitalising on global opportunities Planning your business for offshore operations The use of offshore tax structures Using Singapore as an investment holding company
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      Page 6 Advertisements Column 2
      54 6 m- x .vyjOy SUi *tptUOUS e ifl Tit, p/cal Afo x>\* FORT CANNING /s now af Tanglin Chef Chang Sing Kan, from OLD FORT CANNING SEAFOOD RESTAURANT has moved to: Tanglin Shopping Centre Basement 2, 82-01 Teh *****63 TROPICAL INN SEAFOOD Irbstauha n tL/ Business Hours: 11.30 am 2.30 pm
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  • BANKING AND FINANCE
    • Article
      OCBC Bank launches 24-hour touch-screen terminals
      176 7 MORE round-the-clock banking services such as opening an account at the touch of a button will be offered by the OCBC Bank group when its touch-screen terminal, Boss, is launched today. According to OCBC Bank, Boss short for Bank on Self-Service will make banking
      176 words
    • Article
      Lock icon Tokyo excluded from primary market for US$1.5b 'global' issue
      523 7 Reuter JAPAN may be the world's largest creditor nation but Tokyo was excluded from the primary market for Tuesday's World Bank US$l.5 billion "global" bond issue. Japan's capital markets remain too regulated to compete on equal terms with New York and
      Reuter  -  523 words
    • Article
      Money markets
      51 7 THE overnight rate on the Singapore money was unchanged at 5-5/16 per cent yesterday. Term rates were also unchanged. S$ Interbank rates at the close yesterday: orret mo Ov«rnt5 5/16 f 3/14 5 1/4 3 2-month 5 1/4 S 1/8 3-monlti S 1/4 5 1/8 Ov«fnight mod*: 5
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    • Article
      Government securities market
      96 7 Treasury bills Day's Period issue Yesterday's closing code Maturity WO OFFCR HKJH LOW 3 months BQ*****E 21.12.89 4.35 4.30 6 months BS*****V 18.01.90 4.27 4.22 1 year BY*****F 24.05.90 4.35 4.30 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate NO om* HIGH
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    • Article, Illustration
      World interest rates
      179 7 Indicate* Hw o4 Mm prim* tending rate* of 12 major banks In S'pora Interbank market rates (offer/bid) on Sep 21 us$ DM SWFC Y«n 7 day* 1 3 m* mMi 3 9 —«7/t 15/16— 13/16 7/t 3/4 7/9 3/4 13 15/16 13/16 13 15/16— 13/16 13 15/16—
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    • Article
      Lock icon Angola joins IMF and World Bank despite US objections
      267 7 NYT ANGOLA joined the International Monetary Fund and the World Bank on Tuesday, despite objections by the United States, which earlier this summer cast the only vote against its membership. Angola said that it would not only seek aid from the
      NYT  -  267 words
    • Article
      Lock icon EC takes a step closer to monetary union
      209 7 Reuter THE EUROPEAN Commission has agreed on proposals for cloeer cooperation in the European Community on the road to the more controveraial goal of full economic and monetary union. Commiaaioner Henning Chriatopheraen said he did not expect the propoaals to meet with
      Reuter  -  209 words
    • Article
      Lock icon Yasuda Trust fined for tax evasion
      165 7 AFP YASUDA Trust and Banking Co Ltd has emerged as the fifth Japanese bank to be penalised for evading taxes after bailing out London subsidiaries following the stock market crash in 1967, Japanese tax officials said yesterday. Authorities said the bank, the fourth biggest
      AFP  -  165 words
    • Article, Illustration
      Lock icon Chase sets aside US$1.3 billion to cover problem loans
      292 7 OTHER BIG BANKS EXPECTED TO FOLLOW SUIT Reuter THE SECOND-BIGGEST US banking company said on Wednesday it would take a US$l.3l billion charge aimed mostly at covering possible losses in loans to developing nations and analysts said they expected other big
      Reuter  -  292 words
    • Article
      Lock icon HongkongBank kills off its compradors, shroffs, clerks
      168 7 Reuter THE HONGKONG and Shanghai Bank, a pillar of British colonialism in Hongkong since 1866, has finally killed off its compradors. The man who acted as a link between the Chinese community snd foreign traders for more than a century on the China
      Reuter  -  168 words
    • Article, Illustration
      Lock icon World Bank president urges widening of debt relief initiatives
      526 7 Reuter IN A MOVE that could lead to a showdown with his biggest shareholders, World Bank President Barber Conable wants rich nations to extend the loan concessions they have granted to sub-Saharan Africa to a broader range of developing countries. According
      Reuter  -  526 words
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      13 7 Exclusive Sunglasses PORSCHE DESIGN CATCR£RA Folding Sunglasses PORSCHE DESIGN APJIERA 'J and opticians
      13 words
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      119 7 THE HILTON-BRITISH AIRWAYS PLAYHOUSE PRESENTS Barbara Frank Murray Thornton Jill Melford Ben Stevens Tom Melly Laura Brattan Beryl Evans and introducing Sally Geoghegan as the debutante in the delectably funny comedy The Reluctant Debutante By William Douglas Home Directed by Hugh Goldie <5! Designed by Produced by Lighting by P
      119 words
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  • COMMODITIES
    • Article
      Lock icon ITC makes last ditch effort to meet creditors' deadline
      414 8 AMOUNT PROMISED STILL FALLS SHORT OF TARGET AP MEMBER GOVERNMENTS of the International Tin Council met in London yesterday for what many see as perhaps the last chance to develop an out-of-court settlement of a suit by banks and metals brokers.
      AP  -  414 words
    • Article
      Lock icon Malaysia's crude palm oil output up in August
      216 8 Bernama 'MALAYSIA'S crude palm oil ■(CPO) production rose to 634,677 .tonnes in August, up 14 per cent 4rom the previous month and 19 'per cent higher ttan in August .'1968, the Statistics Department •said on Wednesday. Production for the first eight months
      Bernama  -  216 words
    • Article
      Lock icon Coffee prices up sharply as US says it is ready to resume talks
      348 8 Reuter THE WHITE HOUSE said on Wednesday that the United States was ready to resume talks with Colombia on a revival of the collapsed International Coffee Agreement, sending coffee prices sharply higher on the New York futures
      Reuter  -  348 words
    • Article
      Lock icon M'sia's output of natural rubber up 2pc in July
      363 8 Bernama MALAYSIA'S production of natural rubber in July 1989 rose by 2 per cent to 130,002 tonnes from 127,993 tonnes produced in June 1989. In a statement on Tuesday, the statistics department said the production growth was contributed by estates which
      Bernama  -  363 words
    • Article
      Lock icon Indonesian coffee exports surge
      234 8 Bernama THE INTERNATIONAL Coffee Organisation's (ICO) suspension of its quota system has resulted in a surge of Indonesia's monthly exports over the last few months, chairman of the Association of Indonesian Coffee Exporters Dharyono Kertosastro said in Jakarta on Wednesday. He said Indonesia's monthly exports of
      Bernama  -  234 words
    • Article
      Precious Metals
      359 8 HONGKONG: Gold closed slightly lower in moderately active trade yesterday following a higher close in New York, with light physical selling by local and Singapore traders, dealers said. "US and Swiss buying because of a quiet US dollar boosted the metal in the late session but it was
      359 words
    • Article
      Lock icon Soybean
      48 8 Reuter CBOT soybean futures settled higher on Wednesday, boosted throughout the session by the possibility of frost in key growing areas of the Midwest. Soybeans closed seven to 5-1/4 cents higher. The most active November contract led gains at U555.75-1/2. The September contract closed at US$5.6B-1/4. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Wheat
      114 8 Reuter CBOT soft red winter wheat futures settled unchanged to higher on Wednesday after following corn's and soybeans' climb throughout the day, floor sources said. Mild pressure was noted in the spot September delivery, as traders rolled forward from that expiring contract to establish positions in the December wheat
      Reuter  -  114 words
    • Article
      SSR and SMR
      77 8 IWM oaoaet iw noveaob i»m (currant month] (forward month) MOON NOON RAS hryOT Solan loyon Solan SSI 20 IMJOO 160-00N 1S9JOO UIJOON SSI SO 154.00 *****N 157.00 159J00N MRELB Iwyon Solon tvyan Salon SMI CV 777JOO 229.00N 229.00 231.00N SMI I 227.00 229.00N 229.00 231.00N SMI 5
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    • Article
      KL Tin
      138 8 INCREASED disposal pressured ths Kuals Lumpur Tin Martial (KLTM) prtoa down sight ssn Is M 521.70 s kg at tie Higher oltors of 06 tonnss against bids of 40 and an easier London Mstol Exchange (LME) doolng contributed Is 01 ssL" ons broker said. Turnover flnelty settled at
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    • Article
      Palm Oil
      573 8 MALAYSIAN CRUDE PALM OIL FUTURES turnover shot up sharply by 1,270 or 96 per cent to 2,561 iots yesterday, signalling the beginning of a bull run market on the Kuala Lumpur Commodity Exchange (KLCE). Dealers said the markst opened slightly higher than Wednesday s closing levels and continued
      573 words
    • Article
      London markets
      273 8 London Commodity Exchange Buyer/Seller dosing prices on Sep 20 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Bash London, sellers option OF London Sop 770/777 (778/785) KNgh/Low 800/775 Nov 787/789 (795/797* High/Low 813/785 Solo* (2818) Coco* Sop 728/732 (727/730) Ugh/Low 730/723 Doc 783/784 (784/785) Ugh/Low 795/778 Solo*
      273 words
    • Article
      Rubber
      206 8 BMQAPORE: Rubber prices closed slightly higher, with October One RSS buyer quoted et 170.00 cents a kg. Trading in the afternoon session was quiet but the market loat part of ita morning gain on some arbitrage selling, dealers said. Trading on the TSR-20 Award market was quiet the whole
      206 words
    • Article
      RAS and MRELB
      262 8 RAS prices m <**•*«, fo< NOON Iwyan Sihn tat 1 RSS Prompt 170.00 171.00N tat 1 RSS Oct 170-50 171 JO tat 1 RSS Nov 173.25 ***** Int 2 RSS Of 167JO 169J0N Int 3 RSS Of 163JO 165 JON tat 4 RSS Of 155 JO 157
      262 words
    • Article
      Lock icon Crude Oil and Products
      156 8 Telerate FUEL oil prices firmed in line with the strong overnight products market and an unexpected hike in the fuel oil futures market here. October futures crossed the $83 mt fob level and offers for physical cargoes were up as high as $85 mt fob Sing.
      Telerate  -  156 words
    • Article
      Produce Prices
      191 8 ChintN Produce Exchtngc Saian* noon dodnc i prtoH on Saptambar 21 (SS/100 kg) Coconut oil tufc FOB 94.00 Otd drum FOfc 104.00 New drum FOt 106.00 Copra Mixad (Ioom) 52.00 Poppor Munkjfc whit* FOt NLW 490.00 Sarawak wW® FOt foq NLW 480.00 Sorawok ipadol Modi FOt NLW 390.00
      191 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      41 8 Q±alian&tiglnal Collezione CIONINI Office desk in natural marble Size cm LlBO x DBO x H72 pkr quoted MM chm of rtrawrn MiIWUU dbegwo cdezior* Pte Ud World Trade Cemre $o*so. Sinfaporr (HO9. Tri: 271 6611 Fax: 271 7711 (Bum* hour II
      41 words
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      Page 8 Advertisements Column 2
      63 8 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little thinfp that get done quietly and efficiently. Come stay with us and experience our personal touch and comfort. For short-or long-term lease, call Florence/Dina
      63 words
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  • FOCUS
    • Article, Illustration
      Manila grapples with its inflation-related woes
      1335 9  -  The Philippine economy continues to grow amidst obstacles caused by inflation, which is becoming serious. While the debate on how to resolve some of the economic problems rages, Manila is attempting to woo Singapore investors to its outer regions. Writing for BT from Manila,
      1,335 words
    • Article, Illustration
      Dangling carrots in front of S'pore investors
      651 9 DEVELOPMENT of industrial estates outside Metro Manila offered earlier by the Philippines to Singaporean businessmen is in full swing, says the Trade and Industry Department. The eetates, the agency says, cover the nearby provinces of Cavite, Laguna, Batangas and Rizal areas (CALABAR) where
      651 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      192 9 wmmmmmmm When fine dining is more than just a matter of taste t i *91 Km ;x <» L jfc f <k r Lei Garden second restaurant opens its doors in Orchard True, dining is a matter of taste. But we need not go on about how superb our fresh
      192 words
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  • PERSPECTIVE
    • Article
      A double-edged prudence
      515 10 IT SEEMED like only yesterday that financial institutions were falling over one another for a bigger slice of the housing loan market. The mood was such that one would not have batted an eye-lid if barkers had been engaged to whoop things up. In the no-holds-barred competition,
      515 words
    • Article, Illustration
      Lock icon Clarke Quay: The bids and the plans
      1958 10  -  Three bidders are keen to spend millions of dollars to restore the shuttered and crumbling buildings found along historic Clarke Quay. The government is not only looking for the right price but the right concept one that that will breathe life back into
      NORTH BOAT QUAY OVERVIEW  -  1,958 words
    • Article
      Lock icon How EC can play constructive role in takeover tangles
      674 11 FT AN AGREED ROLE for the European Commission in vetting large takeovers is desirable, both to ensure consistency across the community and to avoid regulatory conflict between Brussels and national governments. Yet if the commission is to pfay a constructive role,
      FT  -  674 words
    • Article, Illustration
      Lock icon Environment dominates energy talk, not price or supply
      987 11  -  By MATTHEW L WALD NYT IN A STRIKING SHIFT of focus, the 3,400 delegates gathered in Montreal, Canada, from 91 countries to discuss the world energy picture have one dominant concern: the environment. Price and supply, the traditional focus of energy suppliers,
      NYT  -  987 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 Rri Stew: ftanx moNDfvy roRN incv rm sop><eD to the. sk»n hfOU'Re. LPiTC.... FUDGC toßNis T 0 see yoo in s\H»& OFFICG. PfT ONC£... Roll up Roll up' f\ TUN OFTMB
      31 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      411 11 HERE TODAY. EVEN MORE HERE TOMORROW 286 options from ALR Just how can you be sure you're making a sensible computer investment today with built-in protection against obsolescence tomorrow? 386 systems offer you power. Multitasking. OS/2, Lotus 3.0. And all the powerful software to come. But for many purposes today,
      411 words
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  • LIFESTYLE
    • Article, Illustration
      A serious and very Baroque evening
      655 12  -  MUSIC By MALINI TAMBYAH -JT WAS A serious evening, and also a very Baroque evening "■with a truly Baroque orchestra rtwhich lacked only a harpsichord. The members of the Tubingen jbniverslty Chamber Orchestra tackled the music with the dedication and discipline of long distance
      655 words
    • Article, Illustration
      Lock icon Voyager 2 trekking to the stars
      1199 13  -  SPACE By LEE SIEGEL AP IN A BILLION YEARS, when drifting continents have reshaped Earth's face and humans are extinct or changed by evolution, the Voyager 2 spacecraft still wilt be cruising the stars. "It's mind-boggling. We're actually going out to the stars," said
      AP  -  1,199 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      283 12 IVfmr to entertain... Where to entertain... Where to entertain... Where to Some like it hot P From September 18 to 30 you can discover the secret cuisine of Xi an's Master Chefs, direct from the Golden Flower Hotel. Xi an. Tantalisingly spicy dishes served at lunch and dinner in the
      283 words
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      Page 12 Advertisements Column 2
      172 12 w s OTroail 11* 11 OITV The Prime Time. Joe Norman will entertain nightly with your favourite songs in Spanish. Japanese. Indonesian and etc. nightly from 7.30 p.m. to 12.30 a.m. A \m WIMOCDUWT HOTEL No. 1 Tanglin Road Singapore 1024 'Buffet Lunch Come and enjoy a value-for-money buffet lunch
      172 words
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      Page 12 Advertisements Column 3
      195 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50 per tv»rv>n
      195 words
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      Page 12 Advertisements Column 4
      171 12 o OJ A r t m r W Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $B++ Plaza Hotel 22 Sept 22 to 30 ?M6i f a t f l ■i •>: a Buffet Lunch c r« \vV-.5 K. H> 111) !nt A delicious spread of authentic
      171 words
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      Page 12 Advertisements Column 5
      168 12 I I >-■ LOVE AFFAIR IN GUANGDONG fIBTX Thirty-three fflO tempting dishes jSS from Guangdong to tantalize your taste buds. Savour the subtle flavour of each, lovingly coaxed out and brought to perfection by our masterchefs. Staged daily at the Pine Court of The Mandarin Singapore. Guangdong Buffet Lunch 1
      168 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      191 13 entertain.. 1 Eli Lobster Galore, The Unkai Way. From September 4to 29, Chef Yamagucbi present* tantalizing lobster specialities for luncb and dinner in bit own inimitable style. Mouth-watering Fresh Lobster Sashimi, Grilled Lobster with Salt, Peppered Lobster, succulent Lobster in Sake with Vinegar Sauce and many others, each masterpiece, a
      191 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      662 13 CRYPTIC PUZZLE ACROSS 4 A toff, too (2. 4) 7 A time for giving? (8) 8 Creature able to give rides around the piano (6) 10 Pivoting stone? (5) 13 Go off, nearly, with a fathead (4) 14 A nut cracked, often canned (4) 15 Written off, possibly (4) 16
      662 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1285 13 TV and RADIO A baiting game I zm r •m£ t Rutger Hsuer (Ml) tracks down Qmw OUR CHOICE WANTED: DEAD OR ALIVE, 10.30pm, SBC 5 Rutger Hauer plays an sxpansivs mercenary employed to take on a ruthless and very well-armed terrorist. His employer? A government official in charge of
      1,285 words
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  • SPORTS
    • Article, Illustration
      Lock icon Old friends likely to pair off for first round in Ryder Cup
      713 14 GOLF AP A-SPECTACULAR practice performance on Wednesday very i probably put old friends Mark Calcavecchia and Ken Green in a pairing for first round play in the Ryder Cup Matches. "Calcavecchia and Green have a marvellous chemistry on
      AP  -  713 words
    • Article
      Lock icon US takes top spot with 25 medals at sports meet in India
      312 14 ATHLETICS AP AMERICAN ATHLETES, shouting "we love India," ran, jumped and hurled to win 25 of the 84 medals at stake in the two-day international sports meet that ended on Wednesday. The haul took the United States at
      AP  -  312 words
    • Article, Illustration
      Lock icon Ben Johnson may be allowed to compete in 1992 Olympics
      220 14 AFP DISGRACED Canadian athlete Ben Johnson may be allowed to compete in the Olympic Games in Barcelona in 1992, International Olympic Committee (IOC) president Juan Antonio Samaranch said on Wednesday. Samaranch told a news conference that the lOC would treat
      AFP  -  220 words
    • Article
      Lock icon Pernfors, Gilbert advance to quarterfinals of Volvo match
      394 14 TENNIS AP DEFENDING champion and eighth seed Mikael Pernfors, second seeded Brad Gilbert, fifth-seeded Aaron Krickstein and Scott Davis have advanced to the quarterfinals of the Volvo Tennis tournament. Pernfors took an easy 6-3, 6-0 victory on Wednesday from Slobodan Zivojinovic of
      AP  -  394 words
    • Article, Illustration
      Lock icon US court ruling means end of yachting classic: Bond
      461 14 SAILING AFP A US COURT ruling stripping New Zealand of the America's Cup means the end of the yachting classic "as we knew it," Australian yachtsman-tycoon Alan Bond said. Bond, who rocked the yachting world in 1983 by winning the cup
      AFP  -  461 words
    • Article
      Lock icon M'sian drivers set to break foreign stranglehold in race
      326 14 RALLY Bernama MALAYSIAN leading challengers William Mei and Tengku Mahaleel are set to break the foreign stranglehold in the three-day rally of Malaysia flagging off in Kuala Lumpur tomorrow. William, 44, representing the team Castrol-Ford, will be driving the Ford TX3
      Bernama  -  326 words
    • Article
      Lock icon Cuba, E Germany dominate world championships
      449 14 BOXING AFP CUBA and East Germany the two super powers in amateur boxing marched relentlessly towards gold in the world boxing championships in Moscow on Wednesday. Cuba, who could smash their championship record of seven golds in Reno, Nevada, have now won all five
      AFP  -  449 words
    • Article
      Lock icon US to oppose Brazil in NEC championship
      127 14 BRIDGE AP DEFENDING champion United States will oppose Brazil, winner of last week's round-robin, in the 176-deal final of the NEC Bermuda Bowl world contract bridge team championship. The match will end tomorrow. The Americans took a fast 77-3 lead in the opening
      AP  -  127 words
    • Article
      Lock icon Judges deny counting only head punches
      185 14 AFP KARL-HEINZ WEHR, generalsecretary of the International Amateur Boxing Association (AlBA) has angrily denied claims by a member of the association's own medical jury in Moscow that judges at the world championships were only counting head punches. "Every punch is being scored. We are
      AFP  -  185 words
    • Article
      Lock icon Davis crushes Kearney to defend title
      274 14 SNOOKER AFP LATE STARTER Steve Davis was quick off the mark in the defence of his BCE international crown in England on Wednesday. The 32-year-old world champion. bidding for a hat-trick of international titles, crushed Irishman Tony Kearney 5-1 to reach the last 32.
      AFP  -  274 words
    • Article
      Lock icon Europeans to battle it out on the mountain roads of Cyprus
      284 14 AP FRENCHMAN Yves Loubet and Belgian Robert Droogmans will fight it out on the mountain roads of Cyprus over the weekend to determine the likely winner of this year's European motor rally driving championship. Loubet, driving a Griffon© team
      AP  -  284 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon UIC: A paragon of dealing
      521 15 mm™ i HOCK LOCK SIEW LOVE IT or hate it but United Industrial Corporation's trading posture has made it piles of money. "Everything is for sale at the right price". The price tag of $690 million for Paragon and the adJoining plot of land was
      HOCK LOCK SIEW  -  521 words
    • Article
      Benchmark price starts a re-rating of properties
      573 15  -  By HERMAN PHUA PROPERTIES along Orchard Road, Singapore's prime shopping belt, are being re-rated based on the new benchmark price set by United Industrial Corporation's record-breaking sale of the Paragon and the adjoining Bideford land. Assuming an $80 million value for the Bideford
      573 words
    • Article
      Lock icon Public Bank seeks separate listing for foreign-owned shares
      329 15 NST PUBLIC BANK Bhd is making an application to the Kuala Lumpur Stock Exchange (KLSE) tor a separate listing of its foreign-owned shares. A spokesman for the bank said several administrative matters were being sorted out for the proposed separate quotation of
      NST  -  329 words
    • Article
      COMPANY BRIEFS
      193 15 MALAYSIA MINING Corporation (MMC) has informed the Kuala Lumpur Stock Exchange (KLSE) that it is a member of a three-party consortium currently proposing to the Economic Planning Unit (EPU) on the privatisation of the Postal Services Department. Replying to the KLSE's queries, MMC said the consortium is awaiting
      193 words
    • Article, Illustration
      UIC interim depressed by heavy interest
      536 15  -  GROUP PROFIT AFTER TAX AND MINORITIES DOWN 61 pc By KEVIN GWEE HEAVY interest expense has put a drag on United Industrial Corporation Ltd results tor the six months ended June 30, 1969. Group profit after tax and minorities fell 61 per cent to
      536 words
    • SES
      • Article, Illustration
        Paragon sale heightens Interest in property stocks
        1135 16  -  aUv\J by KEVIN GWEE SINGAPORE property counters bounced back on the stock markkas share prices rose marginally on a broad front yesterday. Property counters, fuelled by the record-breaking price fetched by the Paragon and the Iflftd behind it. shot up right from the
        1,135 words
      • Article
        Unit trusts
        302 16 A1 Managers' prices ft* Sep 22 1 Singapore Unit Trust "MW Commerce 1.22 1.29 TSa Savings Fund I .OB 1.14 Prog fund 0.47 0.51* 5>ore Sec fund 0.77 0.82 Spofe Invest Fund 0 83 0 88 i'potu Equity Fund 057 Oil c» Asia Unit Trust MbI invest Fund
        302 words
      • Article
        COMPANY MEETINGS
        54 16 AVER HfTAM TIN DREDGING MALAYSIA BERHAD: EGM at Raya Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, today at 10.30 am. JACK CHIA ENTERPRISES (MALAYSIA) BERHAD: 62nd AGM at the Conference Room (Teratai 1 2), 2nd Floor, P J Hilton. No. 2 Jalan Barat, Petaling
        54 words
      • Article
        SES SHARE INFORMATION
        6247 16 Gf'a Or's 1969 Tel Last Vol Day Last Quote Dtv Dtv Y'ld Net M Cap -tnign Low Cod* Company Sale orC000) High Low Buyer Seller C'vr P/E $mll < SEP 21 SESDAQ 275 120 X 4000 Amtek Eng 20< 274 1 20 274 273 273 274 12
        6,247 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices bounce back
        3591 17 MBT WARE PRICES rebounded m renewed buying to close ligher at the Kuala Lumpur tock market yesterday. Property stocks were ictively sought after and hey chalked up handsome lains. Brokers said the rally auld be due to a technical eaction after two days of weaker trading.
        MBT  -  3,591 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Nissan outlines ambitious global plan
        323 18 AFP JAPANESE CARMAKER Nissan Motor Co has unveiled an am- tritious plan to expand its proJ' auction abroad while halving its volume of exports and sharply boosting imports over the next 10 years. The company, Japan's sect ond-biggest carmaker, also said it would start importing
        AFP  -  323 words
      • Article
        Lock icon Mitsui sees business opportunities in Iran
        464 18 Reuter JAPANESE TRADING firm Mitsui and Co Ltd is confident of -future business opportunities in loan although it is still trying to wind up 18 years of bitter wrangling over an ill-fated chemical plant. Mitsui's vice-president, Kazyo Horino, said a speedy settlement of costs
        Reuter  -  464 words
      • Article
        Lock icon Bangkok: Higher across the board
        214 18 Reuter THAI STOCKS edged higher across the board yesterday in active trade driven by frantic buying of a newly-listed electronics issue, brokers said. The SET Index finished 5.32 points up at 708.24, with advances leading declines 88 to 23. Most active were Padaeng Industry, Semi-Conductor
        Reuter  -  214 words
      • Article
        Bombay: Third day of falls
        52 18 SPORADIC BURSTS of institutional buying failed to stop a slide as shares ended lower yesterday for the third consecutive day in light volume. Most dealers preferred to reduce their commitments in inticipation of today's higher contango charges for the business done in the three weeks
        52 words
      • Article
        Lock icon Two foreign securities firms to get TSE membership
        211 18 Asahi JAMES CAPEL Pacific of Hongkong and Barclays de Zoete Wedd Securities (Japan) of Britain will be granted memberships to the Tokyo Stock Exchange (TSE) by next summer. Japanese Prime Minister Toshiki Kaifu informed his British counterpart, Margaret Thatcher, of Japan's willingness
        Asahi  -  211 words
      • Article
        Lock icon Seoul: Down after see-saw
        299 18 Reuter SHARE PRICES were down near the close yesterday after roller-coasting through the day in a pessimistic atmosphere fuelled by tight liquidity fears, brokers said. The Composite Index was down 5.74 at 938.13 near the close. Turnover dropped to a low 229.4 billion won against 265.9
        Reuter  -  299 words
      • Article
        Lock icon Taipei: Unsteady trading
        455 18 Reuter TAIWAN share prices finished broadly lower yesterday after a day of unsteady trading that saw the index move over a range of nearly 200 points, dealers said. The Weighted Index fell 68.85 points, or 0.6 per cent, to close at 10,567.06 against Wednesday's 10,635.91 finish and
        Reuter  -  455 words
      • Article
        Lock icon Jakarta: New issues active
        82 18 Reuter RECENTLY-LISTED shares dominated the Jakarta stock market yesterday with the index rising 3.7 points to 459.3 on turnover of 608.121. up from Wednesday's 485.260, stockbrokers said. "There was strong investor interest in the market today. Us very encouraging." one said. Newly-listed United Tractors topped trading
        Reuter  -  82 words
      • Article
        Lock icon Manila: Slightly higher
        132 18 Reuter PHILIPPINE SHARES gained slightly yesterday on a late technical rally fuelled by speculation that Treasury bill rates might taper off at today's auction, brokers said. Advances outnumbered declines 49 to 18 on Manila's two bourses. The main Manila Stock Exchange Composite Index climbed 6.76 points to
        Reuter  -  132 words
      • Article, Illustration
        Lock icon Hang Seng rises 34.55 points
        1289 18 Hongkong Reuter SHARE PRICES rallied yesterday to end firmer In fair trade aa initial overseaa buying triggered fol-low-through interests, brokers said. The Hang Seng Index advanced 34.55 to 2,665.75 and the broader-baaed Hongkong Index roae 22.43 to 1,757.02. Turnover rose to HKSI.O9 billion from HK5602.19
        Reuter  -  1,289 words
      • Article, Illustration
        Lock icon Broadly higher
        546 18 Tokyo Reuter TRUST FUNDS buying the index stocks injected some life back into the Tokyo market yesterday, shooting prices broadly higher in moderate trade after a two-day standstill. Retailers, non-life insurers and banks were picked up on speculation they could be merger or acquisition (M A) targets. "M
        Reuter  -  546 words
      • Article, Illustration
        Lock icon Gloom deepens
        463 18 Sydney Reuter A RECORD A 52.58 billion current account deficit deepened the gloom in an already bearish Australian share market, and the All Ordinaries Index closed 19.8 points down at 1,714.2, near its low for the day. Brokers said industrial stocks bore the brunt of selling but there
        Reuter  -  463 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Mixed in moderate trading
        832 19 New York Reuter AMERICAN STOCKS closed mixed in moderate trading on Wednesday. Averages were down slightly and advances and declines were about the same for the second consecutive session. Traders said investors were indecisive about the economy and the future of merger activity. The Dow Industrials
        Reuter  -  832 words
      • Article, Illustration
        Lock icon Shares firmer in early trade
        858 19 London Reuter LONDON share prices were firmer in moderate activity early yesterday following encouraging UK corporate results. "After a mixed start to the day, the market has reacted positively to results, which, on the whole, look pretty good," one trader said. New enthusiasm for building
        Reuter  -  858 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        854 19 Reuter PARIS: French midday shares edged cautiously lower yesterday in featureless trading on the last day of the current bourse account ahead of news from the morning's key Bundesbank meeting. The 50-share Price Indicator was 0.36 down by 1100 GMT after starting the morning 0.06 per cent
        Reuter  -  854 words
      • Article
        Untitled
        1065 19 Selected indices HONGKONG Hongkong Index Thursdoy 1.***** Wednesdoy 1.734 59 Wt«k ogo 1,723 OS Hong Seng Index Thursday 2,665 75 Wednesday 2.631 20 Week ogo 2.612 82 All Industrials Thursday ***** Wednesday 2.7622 Week ago Z7537 NEW YORK Dow Jones Wednesday 2,683 89 Tuesday 2,687 31 Week ogo 2.***** TOKYO
        1,065 words
      • Article
        Lock icon French chemical giant to buy US, UK firms
        379 19 NYT RHONE-POULENC, France's largest chemical company, has agreed to pay US$l.3 billion to buy an American and a British specialty chemicals operation. Pursuing its strategy to de-em-phasise bulk chemicals, the statecontrolled company agreed to acquire the specialty chemical operations of GAF Corp
        NYT  -  379 words
      • Article
        Lock icon Bourse regulators call for improved share issue rules
        388 19 Reuter STOCK MARKET regulators meeting in Venice have urged improvements in rules governing international equity issues aimed at harmonising standards and making the market more coet-efficient for borrowers and investors. An International Organisation of Securities Commissions (IOSCO) working party report released on
        Reuter  -  388 words
      • Article
        Lock icon Jaguar shows its teeth to Ford over bid news
        230 19 Reuter BRITISH luxury carmaker Jaguar has reacted with hostility to Ford's surprise announcement that it planned to buy a stake of up to 15 per cent in the firm. "It is unwelcome and an unwelcome surprise," David Boole, Jaguar director of
        Reuter  -  230 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      381 15 It took more than 10,000 hours to develop this masterpiece^ Blanc paiN Exclusively at I he Hour C.Lis SALUTING BUSINESS SUCCESS An Invitation To Nominate This Year's Winners Help us find this year's BUSINESSMAN OF THE YEAR and a company that deserves THE ENTERPRISE AWARD. Business Times, Singapore's business daily,
      381 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      457 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, > CHAPTER 80 ESMONA INVESTMENTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION "At an Extraordinary General Meeting of the .Company deemed to be held at 36 Robinson Road #17-00 City House, Slnga- pore 0106 on September 16, 1£69 the following speolal Resolution was duly
      457 words
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      Page 18 Advertisements Column 2
      505 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OP ZHIDI REALTY PTE. LTD. (In Member*' Voluntary NOTICE 18 HEREBY GIVEN that at an Extra-ordi-nary General Meeting of Members of ZHIDI REALTY PTE. LTD. duly convened and held at No. 379 (Ist Floor) Jalan Besar, Singapore
      505 words
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      Page 18 Advertisements Column 3
      500 18 THE COMPANIES ACT, CAP. 80 PTE LTD (In liquidation) At a general meeting of QUESTER SHIPPING PTE LTD duly convened and held on the 19th day of September, 1980 the following special resolution was SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to seotlon 290(1Xb) of the Companies
      500 words
    • Advertisement
      Page 18 Advertisements Column 4
      198 18 The NZ report was not available PARAMOUNT INSULATION ENGINEERING PTE. LTD. llvl T H T I'M VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE Is hereby given that pursuant to Section 308 of the Companies Act. Chapter 80. a Final General Meeting of the Members of the abovenamed company will
      198 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      381 19 Oi COMMERCIAL BANK KOREA. LTD O 3 (INCORPORATED IN THE REPUBLIC OF KOREAI t= CONDENSED BALANCE SHEET AS AT DECEMBER )1 "988 US5' A 664 STATEMENT OF MCOME OK. 31. 1M Ok. 31,1M7 ffcTtoueende) ASSETS Ceati 4 Dm Prom Sarins Z086J77.515 6.088,410,643 158,*****6 1,794,*****6 417,366,700 1.962.*****3 5519,*****7 50.123,707 1,192,827,860 486,617,986
      381 words
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  • LATE FILE
    • Article
      Lock icon Japan's economy takes a knock
      72 20 AFP JAPAN'S gross national product shrank at an annual rate of 3.1 per cent in the June quarter as private consumption suffered its sharpest setback in 15 years, the Economic Planning Agency said yesterday. But EPA officials said the fall in economic activity, which put
      AFP  -  72 words
    • Article
      Lock icon US revises GNP growth rate
      68 20 Reuter THE US economy grew at a revised 2.5 per cent annual rate between April and June, slightly lower than estimated earlier. The Commerce Department said a downward revision in government and consumer spending more than offset a rise in net exports, accounting for the
      Reuter  -  68 words
    • Article
      Lock icon Viet troops head homeward
      51 20 Reuter VIETNAMESE forces began heading for home from the Cambodian countryside yesterday, ending Hanoi's costly 11-year military presence but leaving few prospects for peace. Cambodian officials said the rest of the 26,000 troops were pulling up stakes to join the exodus scheduled to end on September
      Reuter  -  51 words
    • Article
      Lock icon Hanoi to cut back on imports
      80 20 Reuter COMMUNIST party leader Nguyen Van Linh, struggling to develop Vietnam's backward economy, urged a clampdown on rising imports which he said were draining the country of hard currency reserves. "This has caused big damage to domestic production and has drained a lot of
      Reuter  -  80 words
    • Article
      Lock icon KL to sign arms deal with UK
      62 20 Reuter MALAYSIA will sign an agreement within the next month to buy US$l.7 billion worth of arms from Britain, Defence Minister Ahmad Rithaudeen said yesterday. The deal will be finalised before the Oct 18-24 Commonwealth Heads of Government Meeting in Kuala Lumpur which
      Reuter  -  62 words
    • Article
      Lock icon Party to make Tunku its patron
      68 20 Bernama SEMANGAT 46. the party of j Umno breakaways, will ask former prime minister Tunku Abdul Rahman to be its patron after its first general assembly in mid-october, Gua Musang MP Tengku Razaleigh Hamzah said yesterday in Kota Baru. Tengku Razaleigh said he had
      Bernama  -  68 words
  • Article
    Sogo aims to make local set-up paragon of global operations
    430 20  -  By JOHN TAN JAPANESE RETAIL giant Sogo's $690 million record-breaking purchase of the Paragon and an adjoining plot of land is part of a major drive to make its Singapore set-up a key player in the group's global operations. BT
    430 words
  • Article, Illustration
    Make S'pore your global partner, senior Tokyu executives urged
    400 20  -  By SUZANNE SOH MORE THAN 200 Japanese senior executives of the Tokyu group have been urged to make Singapore their company's global partner. This was the message delivered by the Economic Development Board s head of Japan operations yesterday at the
    400 words
  • Article
    Lock icon Manila council meets to discuss alternative uses for US bases
    167 20 AP A PRESIDENTIAL COUNCIL assigned to suggest alternative uses for US military bases met for the first time yesterday and discussed the possibility that both Philippine and American troops might use the facilities. Jose Abueva, chairman of the Executive-Legislative Bases
    AP  -  167 words
  • Article
    Lock icon Comex gold and silver
    86 20 Reuter COMEX gold futures slipped in subdued early trading yesterday and held in a narrow range as the US dollar steadied at near unchanged levels. Gold volume slackened from Wednesday's pace of 61,000 lots and analysts said they did not anticipate major movement ahead of the
    Reuter  -  86 words
  • Article
    Lock icon Bombings could be part of plot to oust me: Aquino
    201 20 Reuter PHILIPPINE President Corazon Aquino said on Thursday recent bombings in Manila and disclosures of alleged government irregularities could be part of a plot to overthrow her. "There is the possibility that this chain of events could be part of
    Reuter  -  201 words
  • Article
    Virgin is best airline: reader survey
    265 20 VIRGIN Atlantic Airways, a relative newcomer to the airline industry, has been named the Best Transatlantic Airline by the readers of Executive Travel Magazine. In its annual survey, the magazine also voted Virgin. which turned five this year, to have the best business class
    265 words
  • Article
    Bigger is not better for S-E Asian market: PM
    592 20  -  INTEGRATION WITH VIETNAM, LAOS AND CAMBODIA DIFFICULT By TAN LIAN CHOO PRIME MINISTER Lee Kuan Yew has debunked the idea that a formally enlarged South-east Asian market is beneficial and argued instead that such a move may be detrimental to the
    592 words
  • Article
    EC levy review not expected to affect Minebea's exports
    326 20  -  By JAYARAM MENON BALL BEARING maker Minebea does not expect the European Community's review of the soon-to-lapse anti-dumping levy on imports of Singapore ball bearings to affect exports to Europe. "Only one per cent of ball bearing exports from Singapore goes
    326 words
  • Article
    Lock icon Asean Cambodian resolution
    77 20 AFP ASEAN plans to present a new resolution to push for a political solution on Cambodia at the current United Nations General Assembly. Indonesian Foreign Minister Ali Alatas said in Jakarta yesterday. Aaean's permanent UN representatives are drafting the resolution which will take into account all developments
    AFP  -  77 words
  • Article
    Lock icon Hearing of PM's libel suit against FEER starts Monday
    346 20 AFP PRIME MINISTER Lee Kuan Yew's libel suit against the Far Eastern Economic Review (FEER). two of its staff and its printers will come up tor hearing in the High Court from Monday, court sources said yesterday. FEER is being prosecuted
    AFP  -  346 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Silver seized from boat off Bombay
        65 21 AFP INDIAN FEDERAL INVESTIGATORS arrested five people and seized three tonnes of silver on Tuesday on a sailboat off the western city of Bombay. Officials in New Delhi said on Wednesday that Detectives from the Directorate of Revenue Intelligence (DRI) removed 99 bars of
        AFP  -  65 words
      • Article
        Lock icon Five ships damaged by typhoon
        82 21 Reuter FIVE SHIPS were damaged in Taiwan's Kaoshiung Harbour when Typhoon Sarah swept through the area about a week ago, Lloyds Shipping Intelligence reported. The damage occurred when a Taiwan motor carrier broke free of its moorings, crashing into two ships either side of it.
        Reuter  -  82 words
      • Article
        Lock icon Cargo offloaded from crippled ship
        67 21 Reuter PHILLIPS PETROLEUM Co is beginning to offload the 56,000-tonne crude oil cargo from its 53,193-dwt tanker Oklahoma, crippled by a collision with the Maltese-registered tanker Fiona in the North Sea last Sunday. A Phillips spokesman in London said the Oklahoma was still moored at
        Reuter  -  67 words
      • Article
        Lock icon Grounded bulk carrier breaks up
        50 21 Reuter THE PANAMANIAN BULK CARRIER Mansion Trader has broken up after running aground on Tuesday on the coast of Tanegashima Island off Kyushu in southern Japan, Lloyds Shipping Intelligence said. The 6,085-dwt ship, which was carrying coal, grounded as Typhoon Wayne hit southern Japan. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Vessel adrift in Atlantic
        57 21 Reuter THE LIBERIAN BULK/CONTAINER VESSEL Federal Calumet is adrift in position latitude 49 23N, longitude 11 04.6W in the Atlantic off western Britain following damage to its steering gear due to severe vibration and shock, Lloyds Shipping Intelligence Service reported. The 43,631-dwt vessel cannot even move
        Reuter  -  57 words
      • Article
        Lock icon Steady flow from N Sea terminal
        91 21 Reuter THE VOLUME OF CRUDE OIL shipped from the North Sea Sullom Voe terminal in the Shetland Islands held steady at just above one million tonnes for the week, figures from the Shetland Islands Ports and Harbours Department show. The volume of shipments heading
        Reuter  -  91 words
    • Article
      Fonasba to hold meeting in Singapore
      151 21 THE UK-BASED Federation of National Associations of Ship Brokers and Agents (Fonasba) will hold its three-day annual meeting in Singapore from Oct 23. The Singapore National Shipping Association will play host to the meeting. The events that have been scheduled for the gathering are
      151 words
    • Article
      Index to advertisers
      997 21 ABC Contoinertino XI Accord Shpg VIM 3/4 AfS xm Ahronkiol bw XII AC Toopfor xm Amoricon Niugini XM Arrow Unas XI Assoc Corrtog* XIII ANl IN A PC IMS VII API V asq V AHos lino XM BoW-Conoda Una IX Balt-Ofiant tin# IX Baltic F€ Shgp XIII
      997 words
    • Article
      Lock icon Four Rotterdam stevedore firms to set up holding company
      259 21 Reuter ROTTERDAM'S four main stevedore companies are planning to form a new joint-venture company to help cut overcapacity in cargo-handling at the port, according to a statement released on Wednesday. Furness, owner of Seaport Terminals, Pakhoed Holdings, owner of Multi-Terminals, Inter-natio-Muller
      Reuter  -  259 words
    • Article
      Mitsui OSK to launch new regional service
      422 21  -  By JEAN FOONG JAPANESE SHIPPING MAJOR Mitsui OSK Lines will launch its fixedday weekly Straits Express Service (SES) covering the Far East ports in November. "This regular container service will supplement MOL's weekly US/Far East sailing to cope with increasing cargo movements in
      422 words
    • Article, Illustration
      Evergreen drops M'sian agent
      544 21  -  BREAK WITH CERGAS MARINE MAY PROVE DISRUPTIVE By G DURAIRAJ EVERGREEN LINE, which recorded its fastest growth in the Malaysian market over the last three years, may have suffered a temporary setback with its surprise decision to terminate its agency agreement with Cergaa Marine. The shipping
      544 words
    • Article
      Cargo traffic at M'sian ports to hit 80m tonnes by year 2000
      299 21  -  By ZULKIFLI ALWI MALAYSIAN PORTS are expected to handle about 80 million tonnes of cargo by the year 2000. Disclosing this projection yesterday, Malaysian Transport Ministry secretary-general Datuk Or Mohamed Nor Abdul Ghani said the figure might be
      299 words
    • Article, Illustration
      SPC charters new ro-ro vessel
      183 22 AIRIA JAYA MARINE, a subsidiary of the Jaya Offshore Group of Companies, recently delivered a newly built ro-ro vessel to Singapore Petroleum Company. The 55m Aquarius Ro-Ro was chartered to Singapore Petroleum on Sep 1 and has begun operations within Singapore port limits. Owned and
      183 words
    • Article
      Lock icon Iraqis build 13 new piers at northern Gulf port
      195 22 Reuter IRAQ, eager to restore its outlets to the Gulf cut during its war with Iran, says it has built 13 new piers at the northern Gulf port of Umm Qasr. The Iraqi news agency quoted the country's Transport and Communications
      Reuter  -  195 words
    • Article
      Bunker market report
      544 22 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Cirrvac limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 984 0.2 13.4 0.05 7 0.02 180 Max QQQ WO
      544 words
    • Article
      Lock icon Firm and skipper sued over spill
      100 22 AP COMMERCIAL FISHERMEN have filed a US$4O million lawsuit against the captain and owner ot the tanker that spilled nearly 1.2 million litres of oil into Rhode Island Sound in June, a lawyer said on Wednesday. Richard K Corley said he represented about 440
      AP  -  100 words
    • Article, Illustration
      Lock icon New man at Intertanko's helm
      1307 22 SEIGO SUZUKI'S APPOINTMENT IS A FIRST IN MORE WAYS THAN ONE Seatrade Business Review CURIOSITY may be inevitable. With a distinct style and way of communicating, a new chairman of Intertanko will almoet certainly spring a few changes. What to expect is what moat members
      Seatrade Business Review  -  1,307 words
    • Article
      Container schedules/Ships in port
      1736 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Op Gdn Ship Voy Arrival Trenatelner Schedules Blk Date/Tim# Time From Time To Booking G •ale Al Mirqob 43 23.0989 1500 22/0900 22/1000 Tlx/Fax 2 Q4 00 FQ5 23/0415 23/0445 NA 2 R3 00 F05 Anson 804NA 22.09.89
      1,736 words
    • Article
      Aussie stevedores split over proposed reforms
      215 23  -  by John Spiers AUSTRALIAN STEVEDORES are deeply divided over whether to endorse a very non-specific "agreement in principle" to allow the federal government to proceed with its reform programme for the chronically inefficient Australian waterfront. Some major employers believe the draft agreement between employers
      215 words
    • Article
      London Freights
      994 23 WEAKER freight rates emerged for grain cargoes from the US North Pacific to the Far East amid an adequate supply of tonnage, and prompted a sell-off in freight futures in early trading on Wednesday, brokers said. A rate of US$l3 was reported paid for US North Pacific/Japan, down
      994 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9978 30 aanmus S Paofang. rueaagakt Sap W23 Nor—la Sing*. NoroNa Una. Sap 22 WeaMi) River, CMna Oca an Skpg. Sap 23 V»*a 4a Vanua. CM D'AMreMment Sap M Korrtgan. ScanOutckf Sap 2S Ever OuaaL Evergreen. Sap 27 Proapar. Trior. Sap 27MQOKi Ha. CMna
      9,978 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      38 21 "The Illustrated Encyclopedia of Wildlife" Wild life y Fort nigh tlif <i t all good bookshops and news-stands f'% BTP DMfeulon For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      38 words
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      Page 21 Advertisements Column 2
      18 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National UASEtf Shipping Association.
      18 words
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      Page 21 Advertisements Column 3
      212 21 A lively way with words AMMtoafd good bookahofM SINGAPORE GOING GLOBAL 'ingnp*-Tr »>mp« c. Km W »M <"*3 ■Sf** i« t*>* <■ Rr«l U<»"' "to »ulon»tion CorMr/UiBA. S4O t«a u »lr» L M (lroup in.»»trne"t» KfUjl«| fsTiLsY? WE'LL DELIVER To Your Home Or Office AT NO EXTRA u the newest
      212 words
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      Page 21 Advertisements Column 4
      124 21 New helmsman for Intertanko THE APPOINTMENT of Seigo Suzuki as chairman of Intertanko not only breaks new ground for the organisation, but also stands to raise the profile of the Japanese as a whole in the international shipping community. PAGE II SPC charters ro-ro vessel AIRIA JAYA MARINE, a subsidiary
      124 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      110 22 NOTICE ITT I; 1 I SARAH, BftUNB ANR MMWIK FREIGHT CONFBtBVCE FAR EAST/6UF9F ADEN AND RED SEA PORTS NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR The 3rd quarterly review of currency values In September, 1989 has resulted in a downward adjustment of the Currency Adjustment Factor from Singapore and Malaysia. The
      110 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      813 23 OOCL Pi!t|ica(e<;i Jo WW/ JAROINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpomt Smppor. 0201 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****11 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPING J®*®®""®-, PORT KELANB TEL *****18 Tttei PENANG TEL 6241*4 TELEX NO MA4T0731 CFS TEL *****6 PGUOANG TEL *****2/3 TELEX
      813 words
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      Page 23 Advertisements Column 2
      1149 23 MAERSK LINE TMa weak Lau CV 26/6 0400 H CF% 2H MOO I L£XA M MCWNNEY L£DA M. MATMLDE M. MARCMEN M SU 7V) 2M 30/9 5/10 7/10 12/10 14/10 19/10 21/10 28/10 26/10 2/11 4/11 6/11 11/11 DESTINATIONS i ca a cza ca ca ca eze a cze ca
      1,149 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      580 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT THT LE HAVRE 28/1 HAMBURG BREMERHAVEN 20/10 22/11 11/10 20/K 22/10 23/1 2VIO 24/10 21/1 »11 4/1 31/10 3/1 •/II 11/1 17/11 «/1 P. KELANG SOUTHAMPTON OSAKA BAY FRANKFURT EXPRESS TOLAOA BAY TOKYO BAY HEKXLBERQ EXPRESS KOWLOON BAY ALASKA MARU MONTE ROSA BELFAST, DUBLIN,
      580 words
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      Page 24 Advertisements Column 2
      411 24 COLUMBUS LINE REEOEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI CONTAINER SERVICE TO TTT FORTHBANK V-2SN 17 Accepting LCL cargo for main ports discharga and alto to Wewak Kaviang, Knta, Honiara via Transhipment. Port Keianf's Aiant: H C Tot: 3616/014 SMN SOOE T E MAUP'OENNE DE NAVIGATION LTEE SOCIE
      411 words
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      Page 24 Advertisements Column 3
      808 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE (VIA FEEDER) PEN PKL SIN FIX MAN ME ROT NORASU SINGA MM 20/9 21/1 22/9 17/ M MM 2ROO 21/ M NORASIA AL-MUNTAZAH 827-3 2M 27/1 29/9 24/ M IMA 27/10 Ml NORASIA SUSAN MM Jral «0 MO n/10 2AI 1/11 NORASM SAMANTNA
      808 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      614 25 f Steamers Maritime Holdings Ltd P&O Containers STRAITS SHIPPING CONTAINER SERVICE TO UK CONTINENT m am a/a am mu mpi ma m ■pi am am DDI f|U Hll ONTAINERSHIP SERVICE FROM UK CONTINENT BL pa—ll ■UN M Accepting CcfQO Fon BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 *iJ lv i
      614 words
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      Page 25 Advertisements Column 2
      651 25 CHO YANG LINE WEEKLY EXPRESS CONTAINER SERVICE (ALSO ACCEPTING REEFER CARGOES) 1 m E I, .<!)■■ FMG V», fLOTA MtRCANTfc C.R ANCOI OMBI AN A SA IN A T lON A t HNt Of COIUMBIAi CAVN COVPANIA ANONIMA VfcNfZOIANA Dfc NAVEGACION NATIONAL I INE OF VtNtZUEI A; TRAOC PI IH
      651 words
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      Page 25 Advertisements Column 3
      30 25 LINE FAST pte ltd KAMPUCHEA SERVICE Vmnl Voy ETA ETD DMfeR AMABAS VMO7B XT/% IMt KMffW TZU HAMQ vaiOM SB/t 1/1f Phnom P«nh TEL 74U7507 TLX 34 126 FAX *****76
      30 words
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      Page 25 Advertisements Column 4
      278 25 Iff Hai Sun Hup Co (Pti Ltd r f, i. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFI VOY. NO. fpm gg KOGGEGRACHT CACIA AMBALMCA I* Nrt mm 7/li w* U/M 2m zim iwm IVU MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS, SUBJECT INOOCEMENT IMLintermaritime
      278 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      391 26 IXSINOSEI MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES T7 KYOWA LINE fTPm /I'/j _f£ n i Ai L*? TRANSPORTACION MARITIMA MEXICANA. S.A DE C.V JM Mm KcapUnc to other Mexican destinations of Meikali. Nuovo Laredo, Monterrey, Mazatian, Tampico. Guadalajara, Mexico City. Acapulco, Vara Cruz and other major Inland
      391 words
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      Page 26 Advertisements Column 2
      452 26 W) HAN JIN SHIPPING FULL CONTAINER SERVICE TO EUROPE VIA SUEZ FAR EAST PORTS TO USA PACIFIC SOUTH WEST t_l nzi FROM EUROPE VIA SUEZ CNOVAM CWftlltt I NAIUNI MMi MM MMUW L£ NAMK I Ulkmna mm Wlmmfrnm w UK HI V* Vi a* W ll* m Ufl w iw
      452 words
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      Page 26 Advertisements Column 3
      185 26 CHINA OCEAN SHIPPING COMPAQ rr L'Al. u YINCMUAN MANCMUAN w n* ft *> IN SMAN6 CMCN6 VU2 W* J*» *2- .S2 TANC FANC ROUVIU— W» W «fl« 11/H AccaptlM Fa C*rgi tar Dm CMmm pwto IM cMmUG HUATAIHCIM Ufl IE 522 *2 Wl! NUA SHUN MEW W» Hfl «#M W«
      185 words
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      Page 26 Advertisements Column 4
      352 26 t! EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO FE) 0 ATUUTTA Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) s US WEST COAST OUTBOUND NBOUND s FAR EAST/RED SEA/MEDITERRANEAN OUTBOUN li iV MED/RED SEA/F E NBOUND mm u/» una um ma FAR EAST/SRI LANKA/INDIA PAKISTAN FAR EAST NBOUND OUTBOUND ir"di iriiii SINGAPORE Aqenls RTW SHIPPING (Si
      352 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      516 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 UJUNG PANDANG ANNOUNCING OUR NEW FULL CONTAINER SERVICE FROM SINGAPORE. VESSEL: KOTA BAHAGIA (170 TEUS) FREQUENCY: FORTNIGHTLY MAIDEN VOY: 26/9/1989 VOY: 8906 ALSO ACCEPTING LCL CONSOLIDATION. FOR ENQUIRIES PLEASE CALL: BOOKING DEPT: *****33, *****22 *****20, *****50 \-sea
      516 words
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      Page 27 Advertisements Column 2
      443 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT <u m <m g mi mm id vu «5 m w m uu B WU Wl Wi txu an S X S I*l m w w au «1 W an a* m iy. TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW
      443 words
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      Page 27 Advertisements Column 3
      204 27 H 5 J 1 II k [3<- > V•" i I i va/vov rroK Mm MM i fanjamuum la-aw Inm (ACCEPTING CONVENTIONAL AMD CONTAMOMD CAMO) NMNUAVA/Z7NR IMM I *11 (ACCCPTNN CONVENTIONAL AM CONTAIHERIMO CAMP) I MM-Ml 1MB! Ifll (Ml lUHHI CONVENTIONAL AM Sublet Id mbwowni Atoo nnplig cargo to CwWuri
      204 words
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      Page 27 Advertisements Column 4
      317 27 BOUSTEAD SHIPPING AGENCIES Tpa, MYANMA FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) I S'port P.foUng Pimm BangM aSS ~inOct Z THE BANK LINE 11-CONTAINER SERVICE SPOKE ROAM HULL PORTMBAMK V2SN IVY SANK V2SN TAUSALA VIM I*ll *11 I*ll 1701 -w *11 w2 *12 Dp *12 *1 I*l
      317 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      631 28 ■export Kline K \WAS.\KI KIM N l\ \ISII I ID OOCL FREEDOM ooa FAITH OOCL FRIENDSHIP VIA FUOU VOV *INOO a zsfi 27 2/M II tyM IS 11/ M •pk/png a/9 3/M I*lo 17/ M OOCL FREEDOM 00a FAITH OOCL FRtENHHIP 'PK/PNG *INOO m n» m* 14/ M ISfll a/M
      631 words
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      Page 28 Advertisements Column 2
      391 28 INDIA EXPRESS CONTAINER SERVICE Amp** KUTCL OMMMR INDIA/JAPAN/INDIA SERVICE m U.S.A. SERVICE ITALY/MEDITERRANEAN SERVICE Alm TrtMto. P. M A ACCORD GROUP OF COMPANIES .s»' w SINGAPORE ACCORD SHIPPING PTE LTD TEL *****56 (24 LINES) FAX *****46/ *****72 (MEMBER OP SFFA ISSUING FIAT A B L) SFTA SIN/PORT KELANG SIN/PENANG SIN/BANGKOK
      391 words
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      Page 28 Advertisements Column 3
      264 28 I GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 123 Tttak AT* SlrMl smcAWf iim til nam <10 u«S) r M uojm r* straits/persian 6ULF service: r*m aOUXM KM taNrt (WOTIAM) Z z nj| wwi «p« wmm wm% rm «W| Wl i I II '> l. 'V .rvj* AVTTI/: GUAN GUAN
      264 words
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      Page 28 Advertisements Column 4
      299 28 «T LTD PHILI-ORIENT LINES PTE EAO ru >CE :<£■ ROBtNSON ,v BuilOiNG SiNjAPORf T F F kv «fl TPHI. I FA* EAST/FAR EAST FCI ft LCL hf.i v»; icsce m LJI .■■r. EAST/WEST AHKA/MB. FCI ft LCI TTT 7 Fa ft ia soma Is r* VI I, ii' I lUi.
      299 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1126 29 NEPTUNE AGENCES PTE. LTD. I 1 L NEPIME SON BHD **********0E) NEPTUNE ORIENT LINES LTD EXPORT (VIA SUEZ) RN KG MP MOTHB VBL/YOY 19/09 turn a/oa n. laky «w m/os m/m m/m o. Hom sw OS/10 06/10 06/10 N. Bride* SW I*lo U/M ia/10 N. TO9U SW I7fto 19/10 M/
      1,126 words
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      Page 29 Advertisements Column 2
      619 29 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD < SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: TOCO? Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** MMNS P MUMS ■TOW MM THONG IHIPPING 127 NmmSM. Pwm* Matorta MS NANOUNG STSTEM 00 SM. SNO.
      619 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      368 30 SINGAPORE SHIPPING r CORPORATION (PTE.) LTD. Til 225 6868 (34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO DSR-LINES EurFRACHT SEERfcEDERE ROSTOCI INTEGRATED CONTAINER SERVICE MOMfR Of EACON SOWKC TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE CT m EH mil cm imi o r v i
      368 words
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      Page 30 Advertisements Column 2
      240 30 SANWA LINE FULLY CONTMRERISEO DIRECT SERVICE STU AITS M ON6KONG /T AIW All JAF AN PORT KLANG AGENT INTEGRATED FORWARDING SHIPPING SDN BHD. TEL: *****04 FAX: *****49 MONTHLY LASH LINER SERVICE TO: New York. Norfolk, Baltimore, Philadelphia Charleston, Savannah, Mew Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden, Jacksonville OUTSOUNO KLANAN
      240 words
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      Page 30 Advertisements Column 3
      88 30 CNC LINES kuoH KUO lUNGVM KUO LINK VM I KUO KSIUM V«U WEEKLY Fa 4 La CONTAINER SERVICE MK MM KM OK TOR TTO MIS pgmm em www ®°SS £3 S5 25 2K CM Ho. ISMS77WMK General Agents CONTINENTAL FEEDERS PTE LTD Singapore Tel: *****51 Terminal *****16 fi.vMViuji;i*i PCTAUNQ JAYA
      88 words
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      Page 30 Advertisements Column 4
      242 30 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU (My racawN* cttfo at PPW/Jwoflf Pwt/Manna/Sanitoamn| YBIK Perita Shpg Trdg P L lU Te) No S33SS2S Tk 42*2 Fa« *****K ERITA CONTAINER LINE MV. ANGKASA JAYA ETA DOCK ETD DOCK FORTNIGHTLY SEMI-CONTAINER SERVICE TO: PANJANG VCA POSEIDON CONTAINER TRANSPORT
      242 words
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      Page 30 Advertisements Column 5
      149 30 It( l. .>REGIO»:iCOMPLINES ASEAN PORTS BANGKOK sailings a week Hock Aoncy Co lid BKK (Tot gaZa i P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel: *****59) PENANG 2 SAILINGS A WEEK Hi."'IfTTT. M 'lIJ V I 53w EEs I CEBU -1 SAILING A WEEK Eagle Express Lines Cebu
      149 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      157 30 r Regional Weather m 'A i Zt -J -J m S 'A A *4 A SIGNIFICANT WEATHER AND SEA CONMTIONS AT 7JO KM. SEP 22, ISM •c O" Wnd <*rect»on wtth ipeed n knot* LEGEND: |j^T ,o,m (krection -t> H~«d kno* R n Wove he^t CJoorfy Sky Swfoct or« iwditeted
      157 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      473 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL:*****22 FAX: *****76 cfic: CEYLON SHIPPING CORPN National Line of Sri Lanka i 1! > I t>\ I \l\! KM l> si R\ Vi .< I\| >J \R \lll C.l I I, RI S» s Ml I» 1 Ri »i'l ALSO ACCEPTING CARGO
      473 words
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      Page 31 Advertisements Column 2
      298 31 RICHFIELD MARINE AGENCIES (S) PTE LTD flB TEL *****33 (10 Lines) or IFAX *****15 (TELEX RS ***** RISMIP |3 Lines) MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG ACCEPTING BOTH FCULCL CARGO toMl Sport Durban Johwwbwi DILIGENCE CONTAINER V-DB2S 21/9 12/10 15/10 EXCELLENCE CONTAINER V-EBIS 1/10
      298 words
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      Page 31 Advertisements Column 3
      799 31 2MI2M mii 27/0 2MI VlO 2MI 2/10 84/0 ft 1/10 2S/0 ft 2/10 son ft 7/10 MftlM 4/10 ft 10/10 MM ft 1/10 JO/0 ft 7/10 IMft VII 7/10 ft 14/10 10/0 ft 7/10 10/0 ft 7/10 ion ft 7/10 HONGKONG/ CHINA KEELUNG/KAOHSNJNQ JAKARTA /LAE ROTTERDAM/ANTWERP FELIX 8T O WE/LONOON
      799 words
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      Page 31 Advertisements Column 4
      160 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICES Til rw nv. izvcstia mmf» nfl xfl H.V. IZVESTIA sum 24 2V5 2*»-2/i0 ALSO ACCCFTIMC BREAKBULK FOR MGH Hamburg West Germany Tiger Line NT W MA SUSAK Mr SJT ST TWO BAY U an CAUIM 77CM «M SUSAK V» UfM TKtt
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      Page 31 Advertisements Column 5
      85 31 m ABC CONTAINERLINE N.V TO AUSTRALIA/NEW ZEALAND ni it 1* DATS TO SVUNKT! TO USA/CANADA QUI Z2C USA/CANADA/EUROPE/MEDITERRANEAN lii'ii/-. »Tii7irriinr7T7iciP ■CIICTEZIEZZICTEIEim IhiiuisdiCShLiMiM AGENTS HUGO SMRfIMC HOMPUn (fit.) LTO. IS. HOE CHIANG ROAO. ***** SANFORO BUILDING SINGAPORE 02« Tel: *****59 Fax: *****16* Tlx: ***** FASCO i I REGULAR EXPRESS FCL LCL
      85 words
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      Page 32 Advertisements Column 1
      60 32 ISAUOM AccfUng FCL CWUIMW «f awrHli, IXtw m* Riyadh REGULAR WO-IK> SCRV** TO U>AyCA N A f* mft QtLIAWS I HOUSTON ifl. rn iiri znzEmzz SAVANNAH 23 NOV 12 O€C 02 JAN kImTsHIPPING ft TRADING PTE LTD T«l: *****8 Tbc KINTRA RS ***** Fax: U***** MUysu: SEGANI SDN BHD SUBANG
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      Page 32 Advertisements Column 2
      725 32 OcerhSeruice (ii m 900 tßrmmab/offtcßS in UJA war SBjOOO tractors I trucks. •0,000 points in Ha LCUFCL min. Gfmrwt Agsnts: B a l^] transintra ihipptng swnpore) private limited Urgo bookings Tel: *****88 (5 LINES) REGULAR L'N6 0 SERVICE CENTRAL MINDORO V 4 10 SLA IS USER SERVICE OCT Manila, Kaohsiung
      725 words
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      Page 33 Advertisements Column 1
      597 33 ■/1 Yi 1 'ill iVMrfo' \Ki *ja' ii» WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING. Panang* P. MmiT Tin—pnn ■URtAYEVERETT TMOKASCVUCTT *1* Oct WSEEVWETT 15f170d "EVERETT ORIENT LINE" JAPAN/BAY OF BCNGAL/JAPAN SERVICE Simeon a/9 Oct 2KB Oct 19/17 Oct OTHER JArAH ""IS*, ■jniw OTHER PHILIPPINES PORTS* ANO
      597 words
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      Page 33 Advertisements Column 2
      349 33 Z I M A I AUSTRALIA CONTAINER SCMICE i ACCEPTING CARGO TO ADELAIDE VIA MELBOURKI AND ALSO FCI TO 60AM, HONGKONG, TAIWAN, PUSAN, MANILA CEBU I EILAT CONTAINER UNE [£L ml mm* prmtki GOLD STAR LINE —wo V» VAAL Durban. Jehamwbuis. Capttonm. Port Elizabeth <V IU OTHER AFRICA PORTS ACCEPTABLE
      349 words
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      Page 33 Advertisements Column 3
      451 33 SING KWANG HANG SMPPMQ TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE I r?y.VnM ms 'Avi PORT KELANQ 22 SEP MANILA 22 SEP HONO KONG, ALL CHINA PORTS 23 SEP KEELUNQ, KAOHBIUNQ 20 BEP BUSAN 25 SEP TOKYO, KOBE 21 SEP CHITTAQONQ 25 SEP DUBAI 21 SEP JEDOAH 21 SEP SYDNEY. MELBOURNE
      451 words
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      Page 33 Advertisements Column 4
      383 33 PERINTIS LINE IB weekly full CONTAINER service WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 26-27 23AM 24/00 26/00 26/00 PRABHAKTI 206-290 26/00 27/00 20/00 20/00 PRASCTIA 26-20 30/9 1/10 3/10 3/10 PRABHAKTI 300-301 3/10 4/10 6/10
      383 words
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      Page 33 Advertisements Column 5
      299 33 PTC CONTAINER LINFS [CI ICI SIRVICI 24/9 KEELUNG/KAOHSIUNG 24/9 BANGKOK 24/9 MANILA 23/9 JAKARTA 29/9 PORT KELANG/PENANG 26/9 BUSAN 24/9 TOKYO/YOKO/KOBE 26/9 HONG KONG atao accepting cargo tD Huangpu/Shenzhen/Fiuhou/ Xamen/Xinganj/Shanfhai 23/9 LDN/FLX/LVP/SOU 23/9 RDM/HAM/ANT/LE HAVRE/GENOA also accept) rw cargo to aN Europe inland destinations 25/9 LAJNYC/SFO 23/9 VANCOUVER/TORONTO/MONTREAL UV.VHI:!/ 29/9
      299 words
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      Page 34 Advertisements Column 1
      963 34 MERCHANT MARINE CO., LTD. EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE LALANMA HYUNOAI OMU—a HYUNDAI INNOVATOR KYUNOAi EXHOMI NTUNOAI COHNANOER HYUNOAI PIONEER TO PNW MY MIME OMJKN MTE SIN MKC LM me am am um me am mm am m mm vm am at um am mm ut mm
      963 words
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      Page 34 Advertisements Column 2
      472 34 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST I KAOttSIUMC KEELUNC SRI LANKA/ INDIA EUROPE/ UK w»» ga 22/1 I 9/9 KBE JUI PORTS 21/i/n REGULAR CONVENTIONAL SERVICE TO LMRRK 21/8 S— SWISS SHIPPING PTE LTD ta Telok BUank Road *03-07.
      472 words
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      Page 34 Advertisements Column 3
      463 34 MitsciOSK Lines. JLtd dfc A dfc 4k FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) :.T Iq *a w» aS 83 mm mm BAY up ifu i/M 911 ■r® KU MEDITERRANEAN (MED ClUB)* JEDDAH ftTfl i I MIDDLE EAST (OASIS)** tooK bUSAi MMMM MM KWUUT MMAM VWOH MXtmm ftM_Pq«A *MU ISIST w»
      463 words