The Business Times, 28 September 1989

Microfilm: NL16759
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, SEPTEMBER »,I*B* 75 CENTS
    10 words
  • Article
    FINANCIAL NEWS SUMMARY
    258 1 Dow Jones up THE NEW YORK stock market opened mixed yesterday. The Dow Jones average of 30 industrials, which gained 4.75 points on Tuesday, was down 4.18 points in the first half hour but then turned higher to show a 0.76-point gain at 2,664.70 at 1430 GMT,
    258 words
  • Article
    Central banks keep battering the US dollar
    185 1 MAJOR central banks continued their assault on the US dollar yesterday. The Bank of Japan, the US Federal Reserve and the Bank of Canada all sold dollars in Tokyo, where it eventually closed at 141.35 yen and 1.8860 West German marks, down from
    185 words
  • Article
    Pan Salcon may revive plans for Sesdaq listing
    472 1  -  IN-PRINCIPLE APPROVAL LAPSED By MAGDALENE NG ENGINEERING-BASED Pan Salcon Pte Ltd is considering reviving its plans for a listing on the local stock exchange in the next one to two months. Sources said the company had received in-principle approval from the Stock
    472 words
  • Article, Illustration
    Aussie stocks surge while other regional markets weaken
    323 1 REGIONAL stock markets ended lower except in Sydney where an early burst of activity in the banking sector helped push share prices higher. The All Ordinaries Index finished 14.7 points up at 1,720.2 but well off its early peak at 1,732.6. The
    323 words
  • Article
    Lock icon China to curb foreign investment in 12 sectors, says paper
    257 1 Reuter CHINA will limit foreign investment in 12 sectors in what may be a major restriction on outside capital, the Shanghai Economic Times said. But a spokesman of the Ministry of Foreign Economic Relations and Trade said he had not
    Reuter  -  257 words
  • Article
    NOL interim profit up 54pc to $33.8 m
    518 1  -  By ABDUL HADHI RIDING ON the continued strong recovery in the shipping market. Neptune Orient Lines is aiming for another record profit for the 1969 financial year. The national shipping line already has a headstart with group after-tax profits for the six
    518 words
  • Article
    Lock icon Tokyo to act on Cocom changes
    108 1 Reuter JAPAN will lift a ban on the export of 34 strategic goods to communist countries, but strengthen regulations on 13 others, an official at the Ministry of International Trade and Industry said. The changes, to be officially announced tomorrow, will be made in
    Reuter  -  108 words
  • Article
    Lock icon New Opec output accord reached but no overhaul of quota system
    555 1 Agencies AN OPEC meeting ended last night with a new stopgap oil output agreement to buoy prices, oil ministers said. But efforts to reach a complete overhaul of the frail oil output quota system of the Organisation of Petroleum
    Agencies  -  555 words
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      172 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone, *****22 Kuala Lumpur: Phone. *****33 Pwiang: Phone. *****5/*****1 Jakarta: Phone. *****5 The next best thing to having more money... Earn dally interest Access to 24 hour ATMs with up to 52 000 cash withdrawal limit per day
      172 words
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      223 1 Leader, PAQE 12 More stories, PAQE 11 Editorial Comment 12 Keeping the dollar in check Australian deficit 12 Toughest test yet for Keating World Bank/IMF meeting 13 East Asian issues dominate Rattan proceaaors 2 Alarmed by M'sian export ban Aiwa 3 Stepping up commitments here Information Technology 3 Civil service
      223 words
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      Page 1 Advertisements Column 3
      12 1 Full report, PAGE 18 Regional mfcte, PAGE 20 World mkts, PAGE 21
      12 words
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      Page 1 Advertisements Column 4
      9 1 Iranian plan to ravamp laaky quota aystam, PAGE 4
      9 words
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      Page 1 Advertisements Column 5
      133 1 /*`|])>)<}$.<).;,^\\]^=](">.>$] Paul Sun profile a BT exclusive PAUL SUN, who calls himself a small' businessman, is making waves in the local property scene. In just over a year, he has built up a property portfolio worth $450 million. BT interviews the man who is now scouting aroun- 1 this region
      133 words
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  • HOME NEWS
    • Article
      Rattan processors shocked by Malaysian export ban
      494 2  -  By JOHN TAN LOCAL rattan processors have expressed concern over the Malaysian government's recent announcement of an impending ban on rattan exports. "We are shocked by the suddenness of the announcement,'' said Ms Connie Tang, a spokesman for the Singapore Rattan Cane Merchants,
      494 words
    • Article
      Daimei Plastic to build $5.8 m factory
      172 2 DAIMEI PLASTIC, in which listed trading com]pany Intraco has a stake, is building a $5.8 million factory. The company yesterday said the new factory will enable the company to increase production capacity and further improve the quality of its product. When completed in
      172 words
    • Article
      Trade Net may be linked to global network early next year
      281 2 TRADENET, the electronic data interchange network that links up the trading community here, could have a worldwide hook-up early next year. Singapore Network Services, which operates Trade Net, yesterday announced the signing of a memorandum of understanding with Information
      281 words
    • Article
      Land transport committee gets 48 recommendations
      143 2 A TOTAL of 48 recommendations have been submitted by the public to the Select Committee on Land Transportation Policy. A government statement yesterday said that the views came from individuals, institutions and organisations. The Committee also received "several requests" for extension of the period
      143 words
    • Article
      Timber organisation against European ban
      326 2  -  By JOCELYN TOH ALTHOUGH it realises the urgency of sustaining the supply of tropical hardwoods, the International Tropical Timber Organisation (Itto) still frowns upon the European proposal for a selective ban on the import of tropical timber from non-sustainably managed sources. Stating its stand yesterday
      326 words
    • Article
      Telecom extends toll-free phone service to Indonesia
      242 2 SINGAPORE TELECOM'S international toli-free telephone service has been extended to Indonesia. This, says Singapore Telecom, gives Singapore businesses keen to tap the Indonesian market an effective marketing tool. A toll-free service allows an overseas caller to ring a Singapore party, using the international
      242 words
    • Article, Illustration
      Civil service urged to integrate IT
      343 3  -  -By JOCELYN TOH THE CIVIL SERVICE must integrate the use of information technology so as to create a new vision for the *****. This future was outlined by Or Tay Eng Soon, Senior Minister of State for Education and chairman of the committee on
      343 words
    • Article
      Developing software to fit objectives and strategies
      355 3 THE CIVIL SERVICE and private sector should collaborate more to develop applications now that the computer hardware is in place. This was highlighted by the National Computer Board general manager and his deputy during the CSCP seminar yesterday. General manager Lim Swee Say
      355 words
    • Article
      Step-by-step automation of handling systems
      312 3 TO CUT DOWN on costs, automation of material handling can be done through the upgrading of existing machinery and the use of modules, said Or Ing Gotz Pflieger, managing director of Mosa GmbH. This is especially so for small and medium-sized companies which may not
      312 words
    • Article, Illustration
      Aiwa expected to step up commitments here
      376 3  -  Current investment of $100 m to be doubled within 5 years By JOHN TAN AIWA, whose operations in Singapore would be a major factor in turning around the parent company's performance this year, is expected to step up its investments here. Its deputy
      376 words
    • Article, Illustration
      Poly receives good response to link programme from SMEs
      403 3 THE Singapore Polytechnic has received good response from small and medium-sized enterprises to its Industry Link Programme launched last year. The polytechnic's deputy principal (corporate development), Mr Cheng Huang Leng, told a seminar yesterday that it received "more business than we
      403 words
    • Article
      Gathering ideas on what to stockpile for emergency use
      190 3 SEMINARS and workshop sessions will be organised later in the year by the Singapore Joint Civil Defence Force (SJCDF) to gather ideas from the public on what should be included in the list of essential household items for use during an
      190 words
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      399 2 Seminars and Courses rrrr rrcE CAHNERS EXPOSITION GROUP Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 Conferences Sep 29-30 Oct 16. 17 18 Oct 19 20 How to Reduce "All-in -Costs" Through Price or>d Cost Analysis Procticol Aspects of Setting Up Offshore Challenges Opportunities of Global Business Ship Repair in
      399 words
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      69 3 Global tamparaturaa and waathar foracaat for Sap 28 Munich 18/11 Sunny New York 18/13 Sunny Newcastle 17/07 Sunny Oslo 14/05 Breezy Paris 22/11 Sunny Perth 18/10 Cloudy Rom* 24/15 Cloudy S Francisco 23/13 Sunny Seoul 20-13 Showers Stockholm 14/06 Cooler Sydney 20/11 Sunny Taipei 33/25 Foir Tokyo 25/17 Sunny Toronto
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  • FOREIGN NEWS
    • Article
      Lock icon Tokyo embarks on project to develop new jet engine
      520 4 FOREIGN FIRMS ALLOWED TO TAKE PART IN USs2oom RESEARCH Asahi JAPAN will spend 28 billion yen (US$2OO million) over the next eight years to develop a new engine for supersonic jetliners in a bid to catch up with American and European
      Asahi  -  520 words
    • Article, Illustration
      Lock icon Japan explains its new activist foreign policy to UN assembly
      425 4 AP JAPANESE Foreign Minister Taro Nakayama has explained his government's new activist foreign policy, including a greater non-military role in UN peacekeeping worldwide, i Mr Nakayama also told the 44th General Assembly on Tuesday that his government would welcome simultaneous
      AP  -  425 words
    • Article
      Lock icon Iranian plan to revamp leaky quota system
      291 4 Reuter IRAN has surprised Opec with radical new ideas to revamp the group's leaky production quota system and drive world oil prices higher. But Libya, another traditional pricing "hawk", said it did not think much of them. Several others among the 13 members
      Reuter  -  291 words
    • Article
      Lock icon Help oust Noriega, opposition leader urges the West
      271 4 Reuter A PANAMANIAN opposition leader, bloodied in a street attack seen worldwide last May. called on the West on Tuesday to maintain pressure to oust General Manuel Noriega. Guillermo Ford, vicepresidential candidate in the May elections which the opposition claimed it won,
      Reuter  -  271 words
    • Article
      Lock icon Heading for a clash over quotas
      333 4 WORLD BANK/IMF ANNUAL MEETING AFP JAPAN and the United States appeared to be headed tor a clash over Japan's influence within the International Monetary Fund. Japanese Finance Minister Ryutaro Hashimoto told the opening session of the joint annual meeting of the World Bank and
      AFP  -  333 words
    • Article
      Lock icon Japanese to contribute US$300m to fund
      362 4 AFP JAPAN announced on Tuesday that it was prepared to contribute about US$3OO million over the next three fiscal years to establish a special fund to provide technical assistance to developing countries. The announcement, by Japanese Finance Minister Ryutaro Hashimoto, was made at the
      AFP  -  362 words
    • Article, Illustration
      Lock icon Brady defends plan to reduce Third World debt
      306 4 Reuter TREASURY Secretary Nicholas Brady on Tuesday defended his plan to reduce Third World debt from mounting criticism by commercial bankers but admitted it would not cure all the problems of developing countries. "We should be heartened by the progress achieved in
      Reuter  -  306 words
    • Article
      Lock icon Sumarlin cautions against euphoria
      255 4 AFP A STERN warning that the economies of the world are in not such a buoyant position as many have claimed was delivered in Washington on Tuesday by Indonesia's Minister of Finance, Mr J B Sumarlin. Addressing the joint annual meeting of the World Bank and
      AFP  -  255 words
    • Article
      Lock icon France calls for US$l.25b environment facility
      161 4 AFP FRANCE proposed on Tuesday that the World Bank set up a one billion special drawing rights (US$l.25 billion) facility to help encourage large-scale environmental programmes in low-income developing countries. French Finance Minister Pierre Beregovoy told the annual assembly oI the International Monetary Fund
      AFP  -  161 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      941 4 ARRIVALS DEPARTURES Operator Sorvte• numbor Local rim* From Operator Sorvfco numbor Local Hmo For ALK SU KAL TMA SIA IAC SIA SIA OLH SIA MAS MAS MAS MAS ACA SIA CPA GIA GlA SIA MA QFA SU GU PAL TMA SU TtY GU SIA TMA RAW MAS
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    • Article
      Lock icon Bush asks Aquino to open talks on US bases
      542 6 'NEGOTIATIONS SHOULD BEGIN BY DECEMBER' AFP US PRESIDENT George Bush yesterday formally asked Philippine President Corazon Aquino to open crucial talks on two major US military bases in the Philippines by December, visiting US Dan Quayle said. Mr Quayle told reporters
      AFP  -  542 words
    • Article, Illustration
      Lock icon Quayle hits out at rebels, urges retention of bases in Philippines
      450 6 Reuter US VICE-PRESIDENT Dan Quayle condemned communist rebels yesterday for killing two Americans in an ambush north of Manila and said the murders would only strengthen American support for the Philippines. Speaking to businessmen, Mr Quayle also appealed strongly
      Reuter  -  450 words
    • Article
      Lock icon EC proposes bigger aid plan for Poland and Hungary
      401 6 AP THE EUROPEAN COMMUNITY Commission on Tuesday proposed a new, wide-reaching package of short and long-term aid for Poland and Hungary and urged other donor nations to improve their assistance. The EC plan was unveiled at the second meeting in as
      AP  -  401 words
    • Article
      Lock icon US need not fear unified market: EC official
      449 6 AP THE UNITED STATES need not fear a "Fortress Europe" when the 12-nation European Community forms a single trading market in 1993, an EC official said on Tuesday. The US and other EC trade partners will benefit considerably when the EC unifies
      AP  -  449 words
    • Article
      Lock icon M'sia adopts international customs procedures to promote trade
      365 6 Bernama THE private sector in Malaysia has been urged to promote commercial transactions internationally in order to improve the country's trade. The Malaysian Director General of Customs, Mohamad nor Abdul Hamid, said the government had taken a bold step by adopting the
      Bernama  -  365 words
    • Article
      Lock icon Japanese investors keen on KL tourist industry
      283 6 Bernama JAPANESE INVESTORS will consider investing in tourism-related projects along the sandy beaches of Malaysia's east coast, the leader of a visiting "20-member investment delegation said in Kuala Lumpur on Tuesday. Ryosuke Itoh said the idea of investing in such ventures was mooted
      Bernama  -  283 words
    • Article
      Lock icon Soviet Parliament moves to curb wage increases
      340 6 AFP THE SUPREME Soviet on Tuesday voted for an anti-inflationary measure that will force Soviet wage earners to tighten their belts as their disposable income falls. The Parliament voted to extend a tax law to private enterprises known as cooperatives that will oblige
      AFP  -  340 words
    • Article
      Lock icon Senior Soviet officials reprimanded
      203 6 AFP SEVERAL senior Soviet officials, including a deputy prime minister, have been officially reprimanded for the serious shortages of basic goods in Soviet stores, the Communist Party paper Pravda said yesterday. Vladimir Gussev, deputy prime minister in charge of chemical industries, topped the list of those
      AFP  -  203 words
    • Article
      Lock icon E German reform group gambles with hardline authorities
      182 6 Reuter NEW FORUM, East Germany's growing popular movement for reform, has begun a potentially dangerous game of political chess with the hardline Communist authorities. In just over two weeks, the group has emerged from nowhere to become the most powerful unofficial force
      Reuter  -  182 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      378 4 Make your move to better electronics sourcing and selling! INPRO 19 mm 4-6 OCTOBER 1989 WORLD TRADE CENTRE, SINGAPORE More than just another tradeshow, INPRO '89 offers you access to a powerhouse of sourcing and selling opportunities for electronic components, precision engineered parts and turnkey assembly services at one venue.
      378 words
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      Page 4 Advertisements Column 2
      39 4 The business person's choice every Tuexky, Thuntky, Soturaav and Sunday Loving Qanp Airport at 22.05 noun and arriving at OTiate International Airport the following day. Qdlyour trtvrl jgrn: or Atr CatuuU tt 732 #555. A Breath Ok fresh Air
      39 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      131 6 Those with taste appreciate quality. Those with passion appreciate perfection... S. T. Dupont Distribution Pte Ltd 400 Orchard Road, #24-07 Orchard Towers, Singapore 0923 Tel: *****22 (H lines) Tlx SOI 53 DTRCKi Fax *****33 Available at ST Dupont Corner at Galerles Lafayatta, leading Department Stores and Authorised Dealers: AM Watches
      131 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      46 6 Doonesbury ANP NOW, HBRB WTTHA R&ORT FROM THANKS, THB ABORTION LAMJ BILL. STUPf GROUP IS I TOMMY HACKETT'. 'AS YOU KNOW, OUR6ROUP snmt? 7hb impact of k&rbsSIVB ABORTION RUUN&> ON FUTURE SALB& OF- OUR PRODUCT UNBS. m S fA 'Hi ml X 1 BY GARRY TRUDEAU
      46 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      214 7 f i > fT M X, 2*>. sßSK&fcc. -m as** i Ms v. r.0:,, 7 iS S I i llMPfe if ■m October 1989 Dynasty Hotel Regal Room (level 2) at 9 00 am 9.00 am to 4.30 pm. v... i Ai®. -f 11 if ■;> *"||fenlists welcome it and
      214 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Financial PR a major growth area
      599 8  -  INVESTORS BECOMING MORE DEMANDING By SANGEETA MULCHAND INVESTOR RELATIONS is on the way to becoming the fastest growth area in the public relations industry in Singapore. Previously, investor relations was restricted to blue-chip companies with a sophisticated investor base. Shareholders are now interested in
      599 words
    • Article
      Aiwa plans marketing blitz to push new VCR
      342 8  -  By JOHN TAN JAPANESE audio product maker Aiwa Singapore has mapped out a $1-million promotional campaign in a move to realise $100 million in sales for the current financial year. The marketing blitz is expected to centre on its video cassette recorder
      342 words
    • Article, Illustration
      Big price difference between Comfort and Commuter taxi ads
      466 8  -  By SAMGEETA MULCHAMD TAXIS FROM TWO companies are poised to carry advertisements which "light up and move" by year-end, but at vastly different prices because of the disparity in costs incurred by their respective sales agents. The rooftop ads riding in
      466 words
    • Article
      JWT wins battle for Royal Holiday Inn account
      286 8 AD AGENCY J Walter Thompson has clinched the Royal Holiday Inn account in a pitch with two other multinational agencies, HOM Advertising and BBDO Advertising. Industry sources say that the agency may be in the running for more business from the hotel
      286 words
    • Article, Illustration
      'PR-advertising link-ups not a very good idea'
      323 8 PUBLIC RELATIONS firms which link up with advertising agencies to offer "shopping-under-one-roof" don't have as much fun as those who remain independent, asserts Daniel J Edelman. "They are forced to play second fiddle to advertising agencies." The Edelman agency, which set up an
      323 words
    • Article
      BSB wins Ministry of Education account
      257 8 AO AGENCY BSB Singapore has clinched the Ministry of Education recruitment advertising account, worth $350,000 for the first three months of 1990. The three-month campaign account was won in a competitive pitch involving six other agencies, including incumbent agency J Walter Thompson. The other
      257 words
    • Article
      COPY LINES
      186 8 BSB Singapore has decided to stop servicing its client, Jurong Crocodile Paradise, because the agency was not making money on the account nor was there the potential of making money in the future, said BSB's managing director Chris Jaques. The agency also felt it should be given the
      186 words
    • Article
      Final addition to Omega's Speedmaster collection launched worldwide
      224 8 OMEGA'S final addition to its Speedmaster collection is being launched worldwide this week to coincide with the 20th anniversary of the first lunar landing. The watch is from the same collection as the Omega Speedmaster Professional which Neil Armstrong had on when
      224 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      135 8 IF YOU HAVEN'T USED THE MRT, YOU DON'T KNOW WHAT YOU'RE MISSING. Pearl Dean on the mrt 732 9088 FOR THE VEWS OF FINANCIAL EXPERTS JL > Changes in interest and exchange rates affect your business. BANKING FINANCE brings to you the views of experts in Singapore as well the
      135 words
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      Page 8 Advertisements Column 2
      21 8 MRT POSTERADS. GREAT COVERAGE OF KEY MARKET SEGMENTS. NOW SRS FIGURES PROVE IT! Pearl Dean po* on the mrt 732 9088
      21 words
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  • COMMODITIES
    • Article
      Lock icon Crude Oil and Products
      141 9 Telerate CST 180 prices remained stable in Singapore, with fundamentals holding steady. An independent reportedly bought October CST 180 at $90.5 mt fob Sing and another moved A 960 westward pass Singapore. The price differential between CST 180 and 380 might widen, given the number of
      Telerate  -  141 words
    • Article
      Lock icon Palm Oil
      503 9 Reuter MALAYSIAN CRUDE PALM OIL FUTURES finished higher yesterday on the Kuala Lumpur Commodity Exchange following news that Pakistan has purchased 6,000 tonnes of CPO and rumours that India may return to the market soon. Dealers said a trade enquiry for 40,000 tonnes of CPO from an overseas
      Reuter  -  503 words
    • Article
      London markets
      266 9 London Commodity Exchange Buyer/Seller closing prices on Sep 26 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option OF London Sep 752/755 (749/753) High/Low 757/751 Nov 762/765 (762/765) High/Low 774/761 Soles (2466) Cocoa Sep 733/740 (732/735) High/Low 744/725 Dec 787/788 (780/781) High/Low 792/776
      266 words
    • Article
      Rubber
      273 9 SINGAPORE: Rubber prices closed lower yesterday as October One RSS buyer was quoted at 167.50 cents a kg, down two cents from Tuesday's close. The morning's losses were extended in thin afternoon trade on selling interest influenced by the weaker trend on the Tokyo market, dealers said. Trading on
      273 words
    • Article
      KL Tin
      199 9 ALL-ROUND buying demand lifted the Kuala Lumpur Tin Markat (KLTM) price 11 san hlghar to MS2I.M a kg yaatarday, brokars said. Tha London Matal Exchange's (LME) hlghar closing on Tuaaday ancouragad strong bids of 139 tonnaa agalnat otters of 36 at tha opaning, thay said. "Tha prlca will
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    • Article
      RAS and MRELB
      285 9 RAS prices In S c*nt»/kg, FOB In b*l*t 1 NOON close ftwyors S*ll*rs Buyers Sellers Int 1 RSS Prompt 168.50 169J0N 167.50 168.50N Int 1 RSS Oct 168.75 169.75 167 JO 168.50 Int 1 RSS Nov 171.75 172.25 170.00 171.00 Int 2 RSS OP 167.00 169.00N 166.00
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    • Article
      SSR and SMR
      77 9 (canti/kg) OCTOftM 1989 NOVEMBER 1989 (currant month) (forward month) NOON NOON RAS lwy«n e-ti luytn S«*«ri SSI 30 157.00 159.00N 158.00 160.00N SSI 50 155.00 157.00N 154.00 158.00N MRELB luytn •uym C-M •WW* SMI CV 225JO 227JON 227JO 229.50N SMI I 225.50 227JON 227JO 229 JON SMI
      77 words
    • Article
      Precious Metals
      356 9 HONGKONG: Gold was boosted to close near the day's high of U*****.10/60 in moderate trade after the drop of the US dollar following concerted central bank intervention in the afternoon session, dealers said. "Demand by European investors and local shortcovering boosted the metal in late trade." a dealer
      356 words
    • Article
      Wheat
      120 9 A MIX of export-related news supported CBOT soft red winter wheat throughout the session on Tuesday, with prices rising to session highs in late trade on renewed rumours that Egypt would be targeted for Export Enhancement Programme wheat, floor sources said. After the close. USDA announced Egypt received EEP
      120 words
    • Article
      Lock icon Soybean
      126 9 Reuter DOUBTS that frost forecast for the next two nights will harm US Midwest soybeans weighed on CBOT soybeans futures on Tuesday, which closed lower in all months, floor sources said. The receding threat of frost damage, coupled with expected advances this week in the soybean harvest, triggered some
      Reuter  -  126 words
    • Article
      Produce Prices
      194 9 Chinese Produce Exchange Sellers' noon closing prices on September 27 (S$/100 kg) Coconut oil Bulk FOB 94.00 Old drum FOB 104.00 New drum FOB 108.00 Copra Mixed (loose) 52.00 sellers Pepper Muntofc whit* FOB NIW 512.50 Sarawak whit* FOB foq NIW 502.50 Sarowok special black FOB NIW 407.50
      194 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      152 9 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you enter our new REC lounge at Don Muang Airport, Bangkok, the royal treatment
      152 words
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  • MONEY AND EXCHANGES
    • Article
      Simex
      520 10 EURODOLLAR deposit futures close mixed yesterday on scattered buying and position adjustments amid uncertainty over the near-term direction of the US dollar, dealers said. "There's no data due (last night) but traders are concerned about worldwide interest rates following speculation over a possible hike in West German rates," a
      520 words
    • Article
      Forex markets
      980 10 SINGAPORE: CONCERTED intervention by the Federal Reserve. Bank of Japen and Bank of Canada yesterday drove the US dollar down from New York's close. The US unit's fall was. however, limited by persistent buying from institutional Investors and short-covering. The range yesterday: 1.8810/1.8882 D-mark, 1.6160/6285 sterling. 140.95/141.70 yen.
      980 words
    • Article
      Asian $ market
      290 10 Asian market ASIAN dollar deposit rates ended little changed front opening levels in quiet trade yesterday. The market is now looking to tomorrow s release of US August leading indicators for further clues on the health of the American economy, dealers said. Term rates were steady to 1/16 point higher
      290 words
    • Article
      Money markets
      56 10 THE overnight rate on the Singapore money rose 1/16 point to 5-1/2 per cent yesterday. Term rates were all 1/16 higher. S$ Interbank rat*« at lh« dose y**t«rda' om MD O*' «<*» 3 1/2 JJ/I 3 3/1 3 3/1* J mmrti S 3/1* 3 3/1* i man* 3
      56 words
    • Article
      Government securities market
      102 10 Treasury bills P*rtod Issu* Y*st*rday's dosing Day's cod* Maturity MD OffW UGH LOW 3 rnmittw BQ*****F 28.12.89 4.31 4.26 4.36 4.27 6 month* •S*****V 18.01.90 4.26 4.21 4.24 4.21 I y*or Sr*****F 24.05.90 4.35 4.30 Government notes and bonds Ported Issu* Maturity Coupon Y*st*rday's dosing Day's cod*
      102 words
    • Article, Illustration
      World interest rates
      185 10 ■m prtaw ol 12 mn|or banks In S'por* Interbank market r ■tat (offar/bkf) on Sap 27 us$ t DM SWFC Y«n 7 6mrt 3 Mk 1/4 1/1 14—13 7/a 14 14 1/1* IS/I* 14 1/14—14 l/a l/l* a IS/1* 14 3/B 14 1/4 a 7/a 14 >/i*
      185 words
    • Article
      Options
      1214 10 CURRENCY FUTURES OPTIONS Wednesday, September 27, 1989 OEUTSCMEMAJM (WMU) o~mc— ornmpm 52 53 54 JAPANESE YEN (MMEX) ommctm o~mmm 71 77 73 CURRENCY FUTURES OPTIONS IA AM Tuatdoy, S*p rtambar 26, 1989 MUTISM POC MO NU Caa n* cam i par t PM MM ISM OoK 144 «m-C I
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      150 10 "Why is KLM always expanding its business connections?" s IS KLM FLIES TO 138 DESTINATIONS 0N 6 CONTINENTS it to be ready expand your r> r zmm araw n J, < When your business is on the move, you need an airline that keeps up.That's why KLM continuously expands its
      150 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Profits of Japanese banks expected to fall
      421 11 Reuter JAPAN'S major city banks are expected to show curbed equities sales for the six months ending Sep 30, 1969, which would mean profit declines from the same period a year earlier, industry analysts said. A finance ministry official said the ministry has
      Reuter  -  421 words
    • Article
      Lock icon Simex to extend Eurodollar futures contract
      89 11 Reuter THE SINGAPORE International Monetary Exchange said it will extend the maturity of its Eurodollar futures contract, effective Monday. Simex, which trades Eurodollar futures in 12 contract months from December 1989 to September 1992, will also trade December 1992 and March, June and September
      Reuter  -  89 words
    • Article
      Lock icon European changes could be adverse to US banks
      291 11 Reuter EUROPE'S plan to streamline bank regulation could increase the profits of banks operating there by US$2l billion but US banks may be left at a disadvantage in world competition, US officials said on Tuesday. Unless US banking laws are modernised, the
      Reuter  -  291 words
    • Article
      Comex gold/silver futures
      171 11 Gold futures on September 26, 1989 100 troy ounces; USS per troy ounce Opon Mgti Loar um* iap 368JO -1.30 Oct 349.00 370.80 368.60 368.90 1.40 Nov 371.30 -140 Dac 37X30 375.30 373.00 373.10 -1 JO Fab 377.70 379JO 377.00 377.10 -1.50 Apr 381J0 383.00 381.30 381.20
      171 words
    • Article
      Lock icon IMM
      270 11 Reuter MOST IMM currency futures overcame initial weakness and ended moderately higher on Tuesday. Several bouts of coordinated central bank intervention drew short-covering and fresh buying that lifted nearby futures well into the plus column before buying dried out and dealer sales trimmed the gains. Yen suffered in the
      Reuter  -  270 words
    • Article
      Lock icon Nymex to launch pilot automated trading system
      265 11 Reuter THE NEW YORK Mercantile Exchange (Nymex) said it will launch a pilot automated trading system early next month. Nymex said it entered into an agreement with International Commodities Clearinghouse Financial Markets Ltd to evaluate electronic trading for use by Nymex members during
      Reuter  -  265 words
    • Article
      Lock icon Japanese dealers await calm after intervention storm
      496 11 FALL IN THE US DOLLAR Reuter ROUND-THE-CLOCK and worldwide intervention daily this week by up to 11 central banks made Tokyo dollar bulls dash for cover, and dealers say they are still waiting to see when it is safe to come out. The
      Reuter  -  496 words
    • Article
      Lock icon Bonn, Tokyo may still raise interest rates
      394 11 Reuter MAJOR NATIONS may have succeeded in reining in the high-flying dollar, but both West Germany and Japan signalled on Tuesday that that would not stop them from raising interest rates if necessary. "The Bundesbank (West German central bank) is deliberating to probably
      Reuter  -  394 words
    • Article
      Lock icon Major nations must be ready to intervene if dollar rebounds: Sumita
      150 11 Reuter BANK OF JAPAN governor Satoshi Sumita said major nations may have to continue persistent market intervention because the dollar may bounce back. Mr Sumita told a news conference that the dollar may be bought back after a sharp
      Reuter  -  150 words
  • Page 11 Advertisements
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      361 11 SALUTING 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, and DHL, the world's leading air express company, proudly announce their annual search for the one individual who, by his
      361 words
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  • PERSPECTIVE
    • Article
      Keeping the dollar in check
      508 12 WHEN the finance ministers and central bank governors of seven industrialised nations decided to use both words and dbtion to curb the rise in the value of the dollar, they brought the high-flying US currency down to earth. In just three days of trading, the
      508 words
    • Article, Illustration
      Paul Sun's 'small' business
      1308 12  -  Paul Sun, who runs his business empire from Tokyo, made headlines here when he went on a property-buying binge. ANDREA BORCH, who recently caught up with this modest but hardworking businessman, examines his growing presence in the Singapore property market. ANDREA BORCH WITH THE PURCHASE of
      1,308 words
    • Article, Illustration
      Lock icon Toughest test yet for Keating
      653 12  -  Australia's current account deficit is unsustainably high and the question on everybody's lips is: Can Treasurer Paul Keating turn around the country's massive trade imbalance? ROBERT WOODWARD reports ROBERT WOODWARD Reuter AUSTRALIAN Treasurer Paul Keating faces the toughest juggling act of his career after August
      Reuter  -  653 words
    • Article, Illustration
      Lock icon Skills v jobs: The classroom mismatch
      885 13 AMERICA NYT AT THE HUGE Motorola Inc plant in Schaumburg, assembly line workers like Carritha Wells are being paid to learn not about electronic circuit boards or cellular telephones but about how much a pound of grapes would cost if 2 1/2 pounds cost
      NYT  -  885 words
    • Article, Illustration
      East Asian issues take centrestage at IMF meeting
      857 13  -  The International Monetary Fund (IMF) and World Bank began their annual joint meeting yesterday, with the role of East Asia in the global economy displacing the traditional topics on the agenda such as the Latin American debt crisis. STEVE USDIN, writing for
      857 words
    • Article, Illustration
      Lock icon Narita's woes: when the famous Japanese consensus fails
      995 13 NYT TRAFFIC MOVES briskly to and from Tokyo's international airport in Narita on a glorious afternoon, in keeping with Japan's image of grace and machine-like efficiency. But as soon as one crosses the guarded, barbed wire boundary into the airport compound, another
      NYT  -  995 words
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      47 12 Read EXECUTIVE JOBS INSIGHTS INTO ALL THINGS INTERNATIONAL. OUT NOW —Available at all leading bookstores. Twenty-five years ago the Bullet Train revolutionized mass rapid transport. Now it's being rejuvenated. But what's next? High-speed super container ships? Magnetic levitation trains? Find out in the October issue. muss r
      47 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      30 12 Dis&ePiceFOL 1 lueu Jones-- DO VOU ive, ueve.fc \\r oR NOT wep.RD of such BenßVicuß Fi?on GRotJhi roPvN.' <nCU3 I "That doughnut pmp He. Picked IT UP *no uc<*eD nr..
      30 words
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  • Page 13 Advertisements
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      103 13 FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, the TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      103 words
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  • LIEFSTYLE
    • Article, Illustration
      Londoner slowly finding his place in Japan
      725 14  -  §UMO WRESTLING ROY K AKAGAWA 4/HEN Englishman Nathan Jtrange decided to go to the Jaan he had read so much about, fye wasn't satisfied with the usual sights reserved for tourists or lie Japanese language schools for students. He wanted to enter sumo
      725 words
    • Article, Illustration
      Lock icon Discerning the truth between the images
      992 15  -  TELEVISION By WALTER GOODMAN NYT IF VCRs, cassettes, camcorders, satellite dishes and the other paraphernalia of the video age had made their appearance 40 years earlier, George Orwell would not have written Nineteen Eighty-Four. That is one of the messages left by a recent
      NYT  -  992 words
    • Article
      Lock icon Stamping propaganda on people's minds
      507 15  -  TRENDS By BARTH HEALEY NYT THE ONLY universal government function is the mail service, and the most benign government propagahda may be that promulgated in the designs of stamps. The cult of Mao Zedong provides a good example. In 1966, as the Chinese leader accelerated
      NYT  -  507 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      217 14 13 Where to entertain... Where tv entertain... Where to entertain... Where to Some like it hot. SldawaUt Steamboat Steamboat Buffet Sundays to Thursdays Cook up a storm in our sidewalk cafe with unlimited helpings of the iWJ freshest seafood, meats JX» and vegetables at only $15 per adult and $8
      217 words
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      Page 14 Advertisements Column 2
      191 14 Bubbling, Simmering, Piping, Hot Steamboat Buffet Ml AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles A 1 Tanglin Road Singapore 1024 Tel: *****33 Not one but TWO resident bands to entertain
      191 words
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      Page 14 Advertisements Column 3
      121 14 rvv? I 4 Monday to Saturday "Asia Beat" sounds the tom-toms for a repeat performance at Brannigan's where they expect to electrify the atmosphere with their mesmerising sounds once again. Every day of the week except Sundays. (Weekday 9.30 pm till 12.30 am.) (Fridays. Saturdays, 9.30 pm till 1.30 am)
      121 words
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      Page 14 Advertisements Column 4
      236 14 f a singer OPERATION HOURS 5 pm to 1 am (weekdays) 5 pm to 2 am (weekends) FIRST DRINK CHARGE $12.00++ (weekdays) $15.00++ (weekends) HAPPY HOURS spm to 8 pm 30% discount on loose drinks. BOTTLE WAIVER Waiver of 4 covers for quart bottle purchases. Waiver of 2 covers for
      236 words
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      Page 14 Advertisements Column 5
      156 14 party AT THE LIBRARY h"t aao-stap action and fan amy mgkt at Tha Ukmy. Each 'Quart sized -Ihe Library Basement -Sh(ktraAbMrf«pfwi 333 Orchard Road, Singapore 0913. Tel: 737 4411. ICECREAM A gorgeous choice of flavours awaits you. In tempting colours. FRUIT JUICE A wide variety served in natural goodness direct
      156 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      204 15 entertain.. m Happy Houms In The Paek. Our early evening Happy Hour, v at The Fountain Lounge are simply deligbtfuL For every drink you order you get the next one fire. Phut, you get 25% off bottle purchaser. And to make sure you're totally happy, there's great music to listen
      204 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      644 15 26 27 CRYPTIC PUZZLE ACROSS 1 Dishes measured in feet? (6) 7 Howard takes me in on the way back (8) 8 With a bit of luck, he'll get a piece of cake (4) 10 Put a card in (6) 11 Like some restrictive rules (6) 14 The sort of
      644 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1272 15 TV and RADIO Tvf '3. m Christopher Caztnovt (Ml) and Sharon Stone play In Tears In Rain OUR CHOICE TEARS IN THE RAIN, 10.30pm, SBC 5 Going to London on the bidding of her dying mother, a young American woman carries with her a letter to an English lord. When
      1,272 words
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  • SPORTS
    • Article, Illustration
      Lock icon US banks on inspiration from the Old Course
      455 16 GOLF AFP THE UNITED STATES is banking on the inspiration provided by the Mecca of golf to lift it out of the Ryder Cup depression as it attempts to win the Dunhill Cup for the first time in St Andrews, Scotland, this
      AFP  -  455 words
    • Article
      Lock icon Lewis has potential to be world champion, says Lloyd Honeyghan
      313 16 BOXING AFP LENNOX LEWIS, Canada's great world heavyweight hope for the 1990'5, received a vote of confidence on Monday from the domestic boxing star of the 1980 s, Lloyd Honeyghan. The former world welterweight champion watched Lewis extend his unbeaten
      AFP  -  313 words
    • Article, Illustration
      Lock icon Holyfield, Stewart challenge Tyson
      409 16 AP WHEN Evander Holyfield and Alex Stewart met on Tuesday to promote their heavyweight fight, the blows were aimed at champion Mike Tyson. "These are the two highestranked heavyweights in the world," promoter Dan Ouva said. "Alex Stewart is No 2 and Evander Holyfield No 1...
      AP  -  409 words
    • Article
      Lock icon S'pore to hold Dunhill Cup round next year
      69 16 AFP SINGAPORE will stage the Dunhill Cup world qualifying tournament again next year. It will be held at the Bukit Course from Feb 8 to 11. Sentosa was the venue this year, when Argentina, Canada, Chinese Taipei, Colombia, France, Italy, South Korea,
      AFP  -  69 words
    • Article
      Lock icon Two 'minnows' surprise everyone in finals
      373 16 AFP AS THE East Germans, Soviets and Cubans marched relentlessly towards the finals of the world amateur boxing championships, two "minnows" surprised everyone by assuring themselves of a medal in the quarter-finals in Moscow on Tuesday. Ireland's light-welter Michael Caruth began it when he
      AFP  -  373 words
    • Article, Illustration
      Lock icon Knee injury forces McEnroe to withdraw from Volvo tournament
      492 16 TENNIS AP TOP-SEEDED John McEnroe has withdrawn from the U*****,000 Volvo of San Francisco tennis tournament with a knee injury. The announcement was made on Tuesday by tournament director Barry Mackay. who said the seriousness of McEnroe s injury was not
      AP  -  492 words
    • Article
      Lock icon Capriati can make pro debut before turning 14
      231 16 Reuter TEENAGE SENSATION Jennifer Capriati can play in her first professional tournament before her 14th birthday under a rule change, the Women's International Professional Tennis Council said on Tuesday. Capriati, winner of the junior French and US Opens, had been expected to
      Reuter  -  231 words
    • Article, Illustration
      Lock icon Fittipaldi returns to the circuit a much happier person
      476 16 RACING AP AS FAR AS Emerson Fittipaldi was concerned, his racing career was over at the end of the 1980 Formula One season, and he was happy about it. Nine years later, with his first Indianapolis 500 victory, his first Cart-PPG
      AP  -  476 words
    • Article
      Lock icon Ban on Mansell endorsed by FISA
      307 16 AFP THE BAN on Britain's Nigel Mansell driving in next week's Spanish Grand Prix was officially confirmed by the sport's governing body, FISA, on Tuesday. FISA endorsed the recommendations of race officials in Sunday's Portuguese Grand Prix, where the Ferrari driver reversed in the
      AFP  -  307 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Why debt financing — within limitsi— makes good sense
      577 17 Why debt financing within limitsi makes good sense mob mm*** HOCK LOCK SIEW WITH THE LAST recession at the back of their minds and the current sound economic outlook, more companies have resorted to debt rather than equity to raise capital. And this makes good sense. Along with improved earnings
      HOCK LOCK SIEW  -  577 words
    • Article, Illustration
      EMS announcements in line with press report
      499 17  -  By MAGDALENE NG ELECTRO-MAGNETIC (S) LTD (EMS) yesterday announced a sharp rise in year-end group profit and a one-for-two bonus issue, confirming an earlier BT report. The video-tape maker achieved a 56.7 per cent rise in group net profit after extraordinaries to $4.75
      499 words
    • Article
      Lock icon Earlier KLSE listing for Nestle Malaysia expected
      396 17 NST NESTLE MALAYSIA'S plans to seek listing on the Kuala Lumpur Stock Exchange should be realised sooner, now that the Capital Issues Committee s (CIC) has revised its guidelines to allow greater flexibility in the pricing of new public share issues. Managing director
      NST  -  396 words
    • Article
      Lee Kim Tah to pre-sell Alexandra Road project by tender
      451 17  -  By ELAINE KOH CONSTRUCTION GROUP Lee Kim Tah will pre-sell its commercial building in Alexandra Road in a tender, and is hoping for a gross profit of between $63 million and $76 million. Lee Kim Tah said yesterday it has
      451 words
    • Article
      Arab-M'sian proposes big restructuring, bonus and rights issues
      392 17 ARAB-MALAYSIAN Merchant Bank Bhd (AMMB) has proposed a major corporate and financial restructuring involving the creation of a new holding company for the group s activities and a package of bonus and rights issues. Under the proposed corporate restructuring scheme, AMMB will
      392 words
    • Article, Illustration
      Parkway Holdings goes it alone in US project
      623 17  -  MOVE FOLLOWS WITHDRAWAL OF PARTNERS OVER FUNDING By ANDREA BORCH PARKWAY HOLDINGS Ltd has become the sole shareholder in a property development project in the US following the withdrawal of its three jointventure partners over funding problems. Parkway expects to initially invest
      623 words
    • Article
      Lock icon Lien Hoe Corp buys Komplek Sentosa in Johor Baru for M$68.8 million
      273 17 Bernama LIEN HOE Corporation Bhd (LHC) has entered into an agreement to acquire Komplek Sentosa in Johor Baru from Oaiman Holdings Sdn Bhd (DHSB) for Ms6B 8 million under its proposed capital reconstruction scheme. In a statement yestereday,
      Bernama  -  273 words
    • Article
      Summa group raises stake in Sim Lim Inv
      347 17 THE SUMMA GROUP, which is making a general offer for Sim Lim Investments, has raised its stake in the investment holding company to 30.64 per cent. Through its Hongkong-incor-porated Summa Surya International Ltd. the Indonesian conglomerate acquired a further 686,000 SLI shares
      347 words
    • Article
      Lock icon Consideration for Resorts World deal adjusted downwards
      222 17 Bernama GENTING BHD announced yesterday that the total purchase consideration ot its assets, businesses and investments acquired by Resorts World Bhd (RWB) under the group's reconstruction scheme has been adjusted from MJ442 75 million to M 5434 84 million. The adjustment was determined
      Bernama  -  222 words
    • Article
      LATEST
      189 17 ORIENTAL HOLDINGS BHD: Group profit after tax and mi- norities of M 526.51 ($9.45 million) on turnover of $366.3 million ($236.41 million),!*,for the six months ended 30, 1989. EPS is 26.5 sen (9.4. r sen). An interim dividend of 10 per cent less tax will be on Oct 27.
      189 words
    • SES
      • Article, Illustration
        Prices fall broadly as foreign fund managers stay away
        1117 18  -  -by KEVIN GWEE A LACK of fresh factors and the recent buoyant regional markets kept foreign fund managers away as share prices continued to slide on a broad front in light trading yesterday. "While the markets shortterm outlook seems to lack
        1,117 words
      • Article
        Unit trusts
        307 18 Managers' prices for Sep 28 Singapore Unit Trust #he Commerce 1 21 1 28 the $o«'ngs Fund 106 1 12 S pore Prog Fund 0*6 050* S pore Sec Fund 076 081 S pore Invent Fund 081 086 ft pore Equity Fund 057 061 V t Asia Unit
        307 words
      • Article
        no
        42 18 SIM LIM INVESTMENTS LIMITED: 25th AGM at 10 Jalan Besar, Sim Lim Tower #17-01. Singapore 0820. today at 10.30 am. JURONG CEMENT LIMITED: 16th AGM at the Board Room. #03-08 Asia Insurance Building, Finlayson Green. Singapore 0104, today at 11.30 am.
        42 words
      • Article
        SES SHARE INFORMATION
        6674 18 1 Tel Gr's Gr's 1989 Lest Vol Dey Lest Quote Olv Dtv YTd Net M Cap High Low Code Company Sale or(000) High Low Buyer Seller C'vr P/E Smll SEP 27 SESDAQ 275 120 t 4000 Amtek Eng 20* 264 -1 57 266 264 263 265 12
        6,674 words
    • KLSE
      • Article, Illustration
        Lock icon Prices end mixed in quiet trading
        3570 19 MBT A LACK of follow-through support saw share prices fall back after initially firm trading to close mixed to easier on the Kuala Lumpur stock market yesterday. Trading was extremely quiet as dabblers exercised restraint in the absence of fresh factors. Total turnover (excluding
        MBT  -  3,570 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Brierley expected to net up to NZ$375m profit
        648 20 Reuter INVESTMENT company Brierley Investments Ltd is expected to net a profit of between of NZ$35O million and NZ$375 million for the year ended June 30, and is ready for major new acquisitions. The company posted a NZ$l75 million interim net profit.
        Reuter  -  648 words
      • Article
        Lock icon 'Brokers still buying ANZ shares in the market'
        301 20 Reuter TWO BROKERS are still in the market for Australia and New Zealand Banking Gr9up Ltd stock after offmarket sales in which 31.64 million shares changed hands, brokers said. "We think they're still buying," said one dealer. The trade has pushed ANZ's
        Reuter  -  301 words
      • Article
        Lock icon Manila to sell 36pc of Picop shares
        152 20 AFP THE Philippine government is to sell 36 per cent of the outstanding shares of the leading Paper Industries Corp (Picop), the Asset Privatisation Trust (APT) said in Manila on Tuesday. The 89.4 million "Class B" shares will be sold at around 21
        AFP  -  152 words
      • Article
        Lock icon SAFT to set up operation in South Korea
        224 20 AFP SAFT, the French battery producer owned by the giant Compagnie Generate d'Electricite (CGE), is to set up an assembly and sales operation in South Korea, and an Asian regional office in Tokyo, chief executive Claude Darmon said in Paris on Tuesday.
        AFP  -  224 words
      • Article
        Lock icon Goodman sees improved performance in 1989/90
        200 20 Reuter AUSTRALASIAN food group Goodman Fielder Wattie Ltd has said stronger profits so far in the current 1989/90 year indicate an improved performance for the full year. It said in a statement yesterday that the stronger profits follow the company's continuing rationalisation and restructuring
        Reuter  -  200 words
      • Article
        Lock icon New Zealand: Blue chips up
        125 20 Reuter THE NEW ZEALAND share market yesterday posted its highest gain in 11 trading days aa prices ot leading blue chipe surged on the back ot renewed bullishness in overseaa markets. The Barclays Index rose 31.84 points to 2,278.05. Brokers were focusing on the Goodman
        Reuter  -  125 words
      • Article
        Lock icon Manila: Moderate trading
        102 20 Reuter COMMERCIAL-induatrial issues in Manila ended strong in moderste trade yesterday, with bullish sentiment tempered by caution, brokers said. The Manila Stock Exchange Composite Index eased 1.37 points to close at 1,151.84. The combined volume at the two bourses fell to 471.7 million shares compared with 609.2
        Reuter  -  102 words
      • Article
        Lock icon Bombay: Mixed closing
        122 20 Reuter BOMBAY share prices ended mixed yesterday after an early rally was undermined by rumours of a. possible buyer payment default, triggering nervous selling. Brokers said a large buyer was facing difficulty in honouring payments. But Bombay Stock Exchange executive director MR Mayya said he had no
        Reuter  -  122 words
      • Article
        Lock icon Taipei: Caution sets In
        430 20 Reuter THE TAIWAN stock index yesterday tumbled to a lower close as cautious investors pulled out of the market before today's national holiday. The weighted index fell 180.03 points, or 1.68 per cent to cloee at 10,489.76 compared with Tuesday's 10.669.79 finish. Falls led rises by
        Reuter  -  430 words
      • Article
        Lock icon Seoul: 10th straight fall
        314 20 Reuter SEOUL STOCKS slipped tor the 10th straight session yesterday although brokers noted a technical rebound in late morning trading. The composite index dipped 0.67 points to close at 924.75. Turnover was 265.5 billion won compared with 225.95 billion won on Tuesday. A Daewoo Securities analyst
        Reuter  -  314 words
      • Article
        Lock icon Bangkok: Higher in active trade
        266 20 Reuter THAI STOCKS closed higher yesterday in speculative trade centred on new listings and selected construction snd finance blue chipe. The SET Index gained 7.27 points to close at 694.47 in very active trade after two straight days of declines. Gains outnumbered losses by 62
        Reuter  -  266 words
      • Article
        Lock icon Jakarta: Trading slows
        104 20 Reuter TRADING on the Jakarta Stock Exchange was slow yesterday as Qverseas Interest pushed some stocks to the limit for foreign holdings, brokers said. Turnover dropped to 396,075 shsres from Tuesday's 662.250. with United Tractors, the exchange's newest listing, sccounting for nearly half of the action. Its
        Reuter  -  104 words
      • Article, Illustration
        Lock icon Stocks ease in absence of buying
        1316 20 Hongkong Reuter HONGKONG SHARES drifted lower yesterday in the absence of buying ahead of China's National Day this Sunday, tempered by caution in response to last week's hefty 93-point advance, dealers said. The Hang Seng Index ended the day 12.84 points lower at 2,712.57
        Reuter  -  1,316 words
      • Article, Illustration
        Sharply higher
        531 20 Sydney AN EARLY BURST of activity in the banking sector helped push Australia's share market to a sharply higher close yesterday. But the initial ruah of buying enthusiasm prompted by speculation about a merger between National Australia and ANZ, was not sustained in later trading and the market
        531 words
      • Article, Illustration
        Lock icon Shares lose ground
        555 20 Tokyo Reuter PROFIT-TAKING and easier yen bond pricea brought shares to a lower finish yesterday. The market used up all Us energy surging to record highs on Tuesday and early yesterday morning, brokers said. "The market went up too far, too fast Today's decline is a natural
        Reuter  -  555 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Profit-taking trims early rally
        897 21 New York Reuter LATE-SESSION profit-taking clipped an earlier rally in the US stock market on Tuesday, resulting in only mild gains at the close. Traders said some program selling may have also contributed to the slide. "It looked like futures-related selling to me," said one trrter.
        Reuter  -  897 words
      • Article, Illustration
        Lock icon Shares decline in light trading
        801 21 London AP SHARE PRICES were slightly lower in light trading on London's Stock Exchange at midday yesterday, as investors awaited developments in the foreign exchange market. Dealers said that they were still evaluating Tuesday's news of Britain's third-worst trade deficit, adding that players were nervous
        AP  -  801 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1774 21 Reuter PARIS: French share prices were higher at midday yesterday, recouping earlier losses made on rate worries and strikes. Special situations and buying interest from foreign investors helped topush the CAC-40 index higher. At 1200 GMT, it was up 2.24 points to 1,921.93 after opening down 4.61
        Reuter  -  1,774 words
      • Article
        Lock icon Andersen-Price Waterhouse merger talks called off
        568 21 IRRECONCILABLE DIFFERENCES CITED FT ARTHUR ANDERSEN and Price Waterhouse, the internationa accountancy and consultancy firms, abandoned merger talks on Tuesday. An agreement would have created the world's largest professional services organisation with fees of more than US$5 billion. The two firms restricted themselves to
        FT  -  568 words
      • Article, Illustration
        Lock icon BA plans US$512m rights issue to help finance United Airlines bid
        428 21 FT BRITISH AIRWAYS launched on Tuesday a £320 million (US$5l2 million) rights issue of convertible capital bonds to finance part of its US$75O million investment in the takeover bid for United Airlines, a move now being reviewed by the
        FT  -  428 words
      • Article
        Lock icon AT&T to buy Istel of Britain for £180 m
        165 21 AFP AMERICAN Telephone and Telegraph (AT&T), the US telecom--munications giant, is to buy the, unlisted British computer ser-' vices and communications oompany Istel for £180 million. The board of the British firm," which was part of the Rover car group until
        AFP  -  165 words
      • Article
        Lock icon BAT gains time in the battle against Hoylake
        609 21 Reuter BAT INDUSTRIES pic's plan to restructure by focusing on financial services and tobacco has put time back on its side in the fight against hostile predator Hoylake Investments Ltd, analysts said. But much depends on how rapidly BAT can implement the
        Reuter  -  609 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      68 17 CURRENCY INVESTMENT VMI Kl( I XPRf ss li \\K TEL: 321 3333 (PROVINCE OF QUEBEC, CANADA i Lake Reardon Resort Land f For Sale (320 Acres) i Price from C 59,000 upwards tl; Sim I For more details, ask for a free brochure from 1 Exclusive Agent: t I DAMO
      68 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      469 20 NOTICES 11 TTTTi TAKANE TRADING (SINGAPORE) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 22 Paslr Panjang Road #07-14 PSA Multi-Sto-rey Complex, Singapore 0611 on Wedneeday, 27 September 1969 at 10.00 a.m. the following special resolution was duly pawed: "That the
      469 words
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      Page 20 Advertisements Column 2
      477 20 In the Matter of the Companies Act, Cap 50 And In thie Matter of EURO ASIA ENGINEERING SUPPLIES PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act. Cap 50. that the Final Meeting of Members of the abovenamed Company will be
      477 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      10 21 ><,'~)`[:}+)%:,~-<((_}%.=<(^?_| The Straits Times and early cuppa together make mornings complete!
      10 words
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      Page 21 Advertisements Column 2
      73 21 A 530,000,000 Negotiable Floating Rate Australian Dollar Certificates of Deposit due 27th March, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 27th September, 1989 to 27th December, 1989 the Certificate will
      73 words
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  • Article
    Lock icon Sony reaches basic agreement on buying Columbia
    386 22 Reuter apNY CORPORATION yesterday Mid a basic agreement had bien reached among the managements of Sony, Columbia Piciures Entertainment, Inc, and the Coca-Cola Company on a Sony bid to acquire Columbia. Sony President Norio Ohga declined to specify details of Seny's offer but
    Reuter  -  386 words
  • Article
    Lock icon Thousands of Viet troops still in Cambodia: Thailand
    476 22 CHINA ALSO CASTS DOUBT ON TROOP WITHDRAWAL AFP A THAI OFFICIAL said yesterday that tens of thousands of Vietnamese troops were still in Cambodia to fight Khmer Rouge guerillas despite Hanoi's claim that they had all left by Tuesday. At the same
    AFP  -  476 words
  • Article
    Lock icon Kaifu abandons plan to review Lower House election procedures
    338 22 Reuter JAPANESE Prime Minister Toshiki Kaifu has abandoned an ambitious plan announced just a week ago to review election procedures for the Lower House of Parliament, his office said yesterday. Political commentators said the turnaround raised doubts about Mr Kaifu's ability
    Reuter  -  338 words
  • Article, Illustration
    Big smiles, but little progress
    41 22 NORTH AND SOUTH Korean Red Cross officials on Wednesday resumed talks In Panmunjom, Korea, after a nearly four-year break to discuss the reunion of war-split families. However, little progress was made because of bitter political wrangling.
    41 words
  • Article
    Lock icon Mahathir, Quayle to discuss Singapore offer to US
    257 22 AP AMERICAN Vice-President Dan Quayle and Malaysian Prime Minister Datuk Seri Or Mahathir Mohamad are expected to discuss the issue of Singapore hosting some US facilities during talks in Kuala Lumpur today, Malaysian officials say. Other subjects Dr Mahathir plans to discuss
    AP  -  257 words
  • Article
    Lock icon Pentagon issues toned-down report on Soviet military might
    365 22 Reuter WITH RELATIONS steadily improving between the superpowers, the US Defence Department yesterday issued a toned-down annual report on Soviet military power which noted that major changes were afoot in Moscow. In a preface to the 159-page report, which has a picture
    Reuter  -  365 words
  • Article
    Bush holds out prospect of more aid for Poland
    156 22 PRESIDENT George Bush yesterday held out the prospect of additional aid for Poland, saying the US and its allies "must do more" to promote democracy in the Eastern European country. In a speech at the annual meeting of the World Bank
    156 words
  • Article
    Lock icon Britain and China resume talks on HK's future
    361 22 AFP SENIOR British and Chinese officials met in London yesterday for the first talks on the future of Hongkong since the violent suppression of student protests in Beijing last June. A meeting was to have been held in July but it was
    AFP  -  361 words
  • Article
    Govt-church talks were aimed at averting clash: Lee
    625 22  -  PM Lee's libel suit against FEER By MARTIN SOONG THE INTENTION of high-level talks between government and Catholic leaders in 1967 was not to assault the church, emphasised Prime Minister Lee Kuan Yew yesterday, but to avert a church-state clash. Giving evidence
    625 words
  • LATE FILE
    • Article
      Lock icon 'Tin stocks to return to normal'
      38 22 Bernama NORMALCY in world tin stocks could return sometime in the middle of next year due to increased consumption recently, said Association of Tin Producing Countries executive secretary Redzwan Sumun yesterday. Bernama
      Bernama  -  38 words
    • Article
      Lock icon 12 foreigners face arrest in Manila
      35 22 AFP THE Philippine Immigration Commission yesterday ordered the arrest of 12 foreigners of Indian and Chinese ancestry, including one Singaporean, for illegally operating garment companies in the country. AFP
      AFP  -  35 words
    • Article
      Lock icon Bond ruling: TV tribunal appeals
      35 22 AFP THE Australian Broadcasting Tribunal said yesterday it was appealing a federal court's decision to overturn its ruling that tycoon Alan Bond was unfit to hold television and radio licences.
      AFP  -  35 words
    • Article
      Lock icon Peugeot told to meet unions
      43 22 AFP JACQUES CALVET, head of the strike-hit private carmaker Peugeot, must open talks with unions, Industry Minister Roger Fauroux said in Paris yesterday. His statement was the first government intervention since the strike began four weeks ago. AFP
      AFP  -  43 words
  • Article
    Lock icon Comex gold and silver
    69 22 Reuter COMEX gold futures ware higher early. October gold reached U*****.50 an ounce, before slipping to U*****.80. up USS2JO. December rose US$3.2O to U*****.30 an ounce, just under the high of U*****.70. Comex silver futures were also higher early. Yeeterday was the last day to trade
    Reuter  -  69 words
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Page thumbnail Page 23
  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Grounded Japanese ship refloated
        55 23 Reuter THE 35,331-DWT Japanese container ship Seven Seas Bridge was refloated last Sunday after running aground in dense fog eight km from the mouth of the Columbia River, Lloyds Shipping Intelligence Service said. The vessel was bound for Portland, Oregon. It was towed into deeper water
        Reuter  -  55 words
      • Article
        Lock icon Tanker stuck in Mississippi River
        109 23 Reuter A PANAMANIAN-FLAG oil tanker carrying 515,000 barrels of crude was still grounded at the mouth of the Mississippi River on Tuesday, as the US Coast Guard prepared to unload some of the oil and refloat the ship. A spokesman for the US Coast Guard
        Reuter  -  109 words
      • Article
        Lock icon Long queue at Karachi
        63 23 Reuter AT LEAST 21 VESSELS were waiting for berths on Monday at Karachi Port, according to a port statement on Tuesday. It said 17 ships were waiting for berths near the port and four off the port. The statement did not give any reason for the
        Reuter  -  63 words
      • Article
        Lock icon Rail freight blockade partially lilted
        97 23 AFP RAIL FREIGHT TRAFFIC into Soviet Armenia was partially restored on Tuesday but a blockade by rail workers in neighbouring Azerbaijan still caused problems, Soviet television and Azerbaijan sources said. According to a report from Armenia shown on Soviet television, 18 trains arrived in the
        AFP  -  97 words
      • Article
        Los Angeles offering novel service
        58 23 THE PORT OF LOS ANGELES is offering the services of its newly-formed 15-member Worldport LA Speakers Bureau for presentations on the port's expansion, operations and the demands of world trade. The bureau members are employees who have been selected from fields such as engineering, property
        58 words
    • Article
      Lock icon Conference revises CAFs
      134 23 Reuter THE FAR EASTERN Freight Conference has announced changes in currency adjustment factors (CAFs) under its third quarterly review with effect from Oct 1. The CAF for cargo from the UK/Eire is to be revised from 17 per cent to 14.5 per cent. For France, the CAF
      Reuter  -  134 words
    • Article
      Index to advertisers
      878 23 ABC Contom«rlin« XI 5 Accord Shpg VIII 3/4 Arrow lines XI 5 ANl IH 1/2 ARC line VH 5 API V 3-5 ASCI V 1 Austosio line VH 1 Bolt-Canada line IX 4/5 Bolt-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bonk line VII 5 BBS
      878 words
    • Article
      Hoegh Lines to beef up 'Gama' service
      384 23 NORWEGIAN CARRIER Hoegh Lines is proceeding with plans to add more capacity to its US East Coast/Red Sea/South-east Asia service, following a decision to pull out from the US West Coast/ Australia/Middle East trade. It is phasing in four gnodern 1,600-TEU multi-purpose vessels
      384 words
    • Article
      Lock icon Korean owners considering setting up P&l club
      214 23 Seatrade Week KOREAN SHIPOWNERS are seriously considering establishing a Korean P&l club after years of exploring the issue. They believe that the result would be aggregate cost savings in the range of US$lO million annually through pooling locally third-party liability premiums and by
      Seatrade Week  -  214 words
    • Article, Illustration
      Joint venture sets up box plant in China
      456 23  -  PIL JOINS HANDS WITH AMERICAN AND CHINESE PARTNERS By JEAN FOONG PACIFIC INTERNATIONAL Lines Group has joined forces with partners from the US and China to manufacture containers in China. With a strong base in South-east Asia, industry sources say. PIL is
      456 words
    • Article
      TWRA puts off Bangkok surcharge to Dec 1
      234 23 MEMBERS of the Transpacific Westbound Rate Agreement (TWRA) have again agreed to postpone the implementation of a Bangkok congestion surcharge, which had been scheduled to take effect from Oct 1. The TWRA, whose members include Sea-Land, APL, NYK and Maersk, now intends
      234 words
    • Article
      Norwegian wins maritime prize
      105 23 A NORWEGIAN has been awarded the 1988 International Maritime Prize. The prize is awarded annually by the International Maritime Organization to a group or individual judged to have done most to further the aims of the IMO during the year under review. This year's winner, Mr
      105 words
    • Article
      Thailand lays groundwork for upgrading of shipping sector
      302 23  -  »y Richard Ng THAI INDUSTRY MINISTER Banham Silpa-Archa has appointed two sub-committees to plan for the upgrading of the country's shipping industry. He explained that the aim was to increase local participation. At present, about 90 per cent of the total two-way
      302 words
    • Article, Illustration
      Lock icon Soviets no longer saying nyet to open registries
      503 24 The Journal of Commerce THfif Soviet union, which for years blasted Western shipowners for registering their vessels offshore under open registries, has suddenly praised this worldwide practice and now appears ready and willing to join the club. Articles in recent issues of
      The Journal of Commerce  -  503 words
    • Article
      Lock icon Tazara cargo traffic hits new high
      219 24 Reuter TRAFFIC carried on the Tanza-nia-Zambia Railway (Tazara) rose to a record 117,038 tonnes last month from 92,929 in July and well above the month's target of 115,866 tonnes. "The performance for the month of August was good and this can mainly be attributed
      Reuter  -  219 words
    • Article, Illustration
      People in Shipping
      127 24 DAVID TAN LONG YAM will take over as general manager of Maersk Singapore Pte Ltd from Nov ,1. He will be replacing Ylm Choong Chow, who has accepted an assignment at the company's head office in Copenhagen. Mr Tan, who has been with the Maersk Group in
      127 words
    • Article
      Shipping events
      490 24 Sep £4-29 Container distribution, Cambridge Academy of Transport course. Details from: CAT, 11 HOnton Way, Great Shelford, Cambridge CB2 SAX> Sep flp One-day seminar on maritime recruitment «nd training in Hongkong. At the Old Legco Chancer, Central Government offices East Wing. Oct $3l Symposium on maritime joint ventures,
      490 words
    • Article
      Lock icon Australia may investigate sheep deaths
      192 24 AFP THE AUSTRALIAN government has refused to give details of the death rate among sheep exports rejected by Middle East states, but says it may have to formally investigate the deaths. Resources Minister Peter Cook told Parliament in Canberra that the government could not reveal
      AFP  -  192 words
    • Article
      Lock icon Traffic to Charleston Harbour restricted
      284 24 AP CHARLESTON HARBOUR reopened to limited ship traffic on Tuesday in sunny but cool weather in the wake of Hurricane Hugo, and residents were advised that the city's water supply is safe to drink without boiling. The storm, which rammed the coast last Thursday with
      AP  -  284 words
    • Article
      Container schedules/Ships in port
      2097 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranetalner Schedule* Blk Op Gdn Data/Time Time From Time To Booking Gate Al Wotoo 47A 280*8* 1430 27/ISOO 27/1*30 Tin/Vox 2 OS 00 *05 27/2300 27/2245 NA 2 28,0X30 *****0 NA 2 27*2300 27/2330 NA
      2,097 words
    • Article
      Lock icon Ship dumping toxic cargo in Gulf waters, says paper
      236 25 AFP THE SHIP Pro-Americana has started dumping its 2,000-tonne load of toxic waste into the waters of the southern Qulf, a newspaper reported in Abu Dhabi on Tuesday. The United Arab Emirates paper quoted shipping sources in Dubai as saying that
      AFP  -  236 words
    • Article
      London Freights
      972 25 DRY CARGO freight chartering was fairly quiet in all sectors on Tuesday, although there was talk on the freight futures floor that easier rates were being concluded on a private basis, brokers said. The Baltic Freight Index was down four points at 1,420. Grain was fixed from the
      972 words
    • Article
      SHIPPING LIST where your ships are due
      1554 32 AAAMUO Ota Ha, CMna Ocaan Shpg. Sap 20 Raglna Uurtk MmtM Lina Sap 2* Noraaia Al-Muntaiah Noraaia Lirva Sap 20 Ming Paaca. Yang Ming Lina. Sap 30. Nad Oalft. ScanOutcht. Oct 2 Vllta da Jupltar. CM DABratamanL Oct 4 Evar Garland. Evargraan. Oct
      1,554 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      56 23 "The Illustrated Encyclopedia of Wildlife" Fortnightly at all good bookshops and news-stands W A ■ft" t BTP DMrttMoci /i» v r A Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11,
      56 words
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      Page 23 Advertisements Column 2
      55 23 mm A lively way with": words AfKmbhf* 2 good bookthopt ON SALE NOW! SINGAP BUSIN •r v J GOING GLOBAL Singapore Companies Eye The World Alan Yeo, Chairman of Yeo Himp Seng 4 Channelling talent Into RAD careers Smiles In the automation Industry V k 'Irl If "< m >>
      55 words
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      Page 23 Advertisements Column 3
      130 23 Moscow eyeing: open registries THE SOVIET UNION, which for years blasted Western shipowners for registering their vessels offshore under open registries, has suddenly praised this worldwide practice and now appears ready and willing to join the! club. PAGE II investigation of sheep deaths THE AUSTRALIAN government has refused to give
      130 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      114 24 NOTICE Long established and largest full-service American steamship agency in New England, headquartered in Boston, Mass., is in a position to represent a major carrier in the Far East trade with no other conflicts. We have many years of successful experience in the tI.S./Far East Liner Service providing extensive sales
      114 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1200 25 OOCL Ot'clicnfi'd to £)u<ality WW// JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Souttipowt. Singapore 0208 Tel 221»U TELEX NO US ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Ttl *****34 235 PESAKA JARDINE SHIPPING AGENCIES SOM.OMD PORT KELANG TEL 36M118 Telei No. MA*****,t0A***** PtNANG TEL *****4 TELEX NO MA***** CfS TEL
      1,200 words
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      Page 25 Advertisements Column 2
      1170 25 MAERSK LINE DESTINATIONS Th* MM CY M CfS-JM CJoatng Tim® T'.'.-imrrM MCKMNEV leda m 2M 3M s/io 7/10 12/10 14/10 19/10 21/10 26/10 26/10 2/11 4/11 VII 11/11 16/11 ia/ii 21/10 23/ 28/10 30/ 4/11 6/ 11/11 13/ IS/11 20/ 25/11 27/ 2/12 4/ 19/12 23/ 26/10 26/10 31/10 2/11
      1,170 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      750 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT f P KELANG SOUTHAMPTON 29/9 HAMBURG BREMERHAVEN ROTTERDAM; ANTWERP LE HAVRE 26/10 ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINAT BELFAST, DUBLIN. COPENHAGEN, AAJTOUS, GOTHENBURG, MALMO, HELSINKI, OSLO. CARIBBEAN 1 AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER- R'OAM/ I SOUTH- KAOVOY NO. HAMBURG HAVEN ANTWERP LE
      750 words
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      Page 26 Advertisements Column 2
      397 26 UULUmoUo LINt nttutntl umoH |A SERVICE OF HAMBURG SUD) Vv EXPRESS SEMI CONTAINER SERVICE TO ITT rtf (ASIA-SOUTH PACIFIC JOINT SERVICE) NORAYBANK VI3S 13/10 Port More*, Lm Rafeeul. KM* COLUMBUS SINGAPORE V2S 1/11 Part Morot*. Lm. Rated Accepting LCL cargo for main ports discharge and also to Wewak. Kavieng. Kieta,
      397 words
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      Page 26 Advertisements Column 3
      881 26 I L W -Sl. 1 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOY SIN Mrs NOR ASIA Al-MUNTAZAH OK7-3 NOR ASIA SUSAN MS-3 NOR ASIA SAMANTHA 0525-3 ARABIAN SEA 000-3 NORASIA SHARJAH OKI-3 NOR ASIA MUBARAK 032-3 1500 19/10 2Dflo 22/10 2S/10 BfiO 2MO Ul 111 tIU 11/11 13/11
      881 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      695 27 Steamers Maritime Holdings Ltd w P&O •Wfont Containers CONTAINER SERVICE TO UK CONTINENT B| SERVICE TO SABAH, SARAWAK BRUNEI CONTAINERSIIIP SERVICE FROM UK CONTINENT HCIOCLKM EXPRESS BREMEN EXPRESS* LAMS BAY LIVERPOOL BAr LONOON EXPRESS HAMUM EXPRESS BONN EXPRESS HTjuri BHavw rOMK Uk STob P.Klmi rm WKont Km SdM SuM SMM
      695 words
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      Page 27 Advertisements Column 2
      1220 27 CHO YANG LINE TO: EUROPE WEEKLY EXPRESS CONTAINER SERVICE (ALSO ACCEPTING REEFER CARGOES) TO: FAR EAST FMG V» FIOTA ME RC ANTE GR ANCOLOMBIAN A SA (NATIONAL LINE OF COLUMBIAi CAVN COMPANIA ANONIMA VENfc/OIANA DE NAVEGACIjON (NATIONAL UNE OE VENE/UELAi To Buenavcntura/Barranquilla/SanU Marta/Cartagena/ Cristobal/Santo Domingo/Port Au Pnnce Pto Quetzal/Aca|utta/San Lorwuo/Corinto/Pto
      1,220 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      598 28 H SINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES ETA SPORE GUAM SAJPAN *1 SU> I OCT 9 OCT "SPARKLE 1 V 2 a OCT 4 NOV 5 NOV *CTO<ICSIA ro«TS WRECT CAUS SUBJECT ON INOUCOKNT BASIS ANO/OR T/SHPT AT 6UAML ■OTHER VSL HK LOADING FOR: "OCEANIA
      598 words
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      Page 28 Advertisements Column 2
      579 28 00 HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST CHOYANC SUCCESS MM HANJIN TONC MAC 0W HANJIN ROTTCNOAM MM CHOYANC CHANCE MM S'fn LaMwr* R'tfaa Mturf B'havw Fttmm 30/9 11/10 I*lo HVIO 22/10 23/10 7/10 2VW 28/10 27/10 2*lo 30/10 14/10 1/11 2/11
      579 words
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      Page 28 Advertisements Column 3
      160 28 4 j'o rtn GUANGZHOU MARITIME r TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT KELANG PENANG BANGKOK ALSO ACCEPTING CARGO FROM HONGKONG TO MALAYSIAN PORTS HEAD AGENTS SOUTHERN SHIPPING. AND ENTERPRISE CO. LTD AGENTS SATIMAR SDN. BHD K. LUMPUR: rtL ——W >—11 TB_ H4IIM
      160 words
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      Page 28 Advertisements Column 4
      764 28 tl EVERGREEN "■ill' Lonfsmer s^/j- Bound tFE/CARIB/|JSEC/EURO/rFi EVUt GIANT a trt* SfNTtY S WO GATHER .4. tvt* GAAOEN A EVER GROWTH MMMVmCMMIft 0 WMOO. NBMRK. SAVAM ■HSTON. HMM, ETC 1> ATLANTA. CMCMQ. KTMTT. nm wc klg pus nrr sS S ss s OK TTO Ml Lift s OH wuiMdA, nonpolk.
      764 words
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      Page 29 Advertisements Column 1
      600 29 8 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES VOY MM MM IMB mo 11/1* iono urn iono mm Mno am* 17/w an* mm mii mh mii i«m itm uni ACCEPTMO MUMOWAN/TOMAKOMAMMffACIMTOyAMA CAWQO VIA HMO JAKARTA BELAWAN/STRAITS MMH. VOY MM BLW PEN B.TA
      600 words
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      Page 29 Advertisements Column 2
      427 29 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT SsMctf TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND sjpTl MAIN LINE* HKC NOUMEA SUVA AW. MAP TM 3/9 TA MARINER 3S 12/10 VII VII 12/11 15/11 13/10 ta voYAfit#« ano 11/11 a/ii urn am
      427 words
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      Page 29 Advertisements Column 3
      337 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD P.T. BAMUDERA INDONESIA P.T. TMKORA LLOYD ANTWERP R DAM/ADAM »IWIJATAfI7WI I Hftl I 101 (ACCEPTING CONVENTIONAL CONTAINERISED CARGO) (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) Subject to Inducement Also accepting cargo to Casablanca Port Said, Port Alexandria, Genoa, Trieste ALSO
      337 words
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      Page 29 Advertisements Column 4
      399 29 SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Yangan (Rangoon) S'port P.fotang Mb* Ba««kok NPA-AN VMM 2MI Sapt 1/2 Oct PACAN VMM tfl/t Od WU Oa HPA-AN VMM MM Oct THE BANK LINE mwmm 1 13/10 1/11 13/11 17/11 1(11 4/12 l/U 13/12 «/12 S/l 10/1 14/1
      399 words
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      873 30 Kline KAWASAKI hISIN KAISIIA. LTD. X. .-J. N. AMERICA-ATLANTIC COAST JT OOCL FAITH OOCL friendship "fr FEEOtt »HOW M Hfreed OKI FAITH VOY *INDO 20 an 27 2/10 li 9/10 IS 11/10 VOY LB 10 19/1 20 21/0 15 2/9 IS 9/9 •PK/PNC SGP 2S/9 20/9 1/10 SAO 10/10 12/10
      873 words
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      Page 30 Advertisements Column 2
      591 30 ■Lustra",A EXPRESS CONTAINER SERVICE 4rnanlLi 11 KAI JKAI MCCeptmy PvufvL WOnWntrl si«SUnn P Katant Nm| iaad«| tor mttm M By Faadv fm4m Ml l OAS V.4S 11 Oct 7 Oct 7 Oct FfwNWWWW TULSIOAS V 44 a Oct a Oct B Oct Fren/«Hhftr*i/AM KALIOAS V.« a No* aNw aMm Ff*v*WWSr^A«
      591 words
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      Page 30 Advertisements Column 3
      363 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 21 Ttiot kyt Street SINCAPOHf 01M T(l SM3W (10 LINES) fJ. U4UM STRAITS/PERSIAN GULF SERVICE: S'por. QOUXM MMCST W Oct MUM WMOa IfltOcJ CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA fm Spar* Dwft JB WM WM WM 11/ M OP
      363 words
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      Page 30 Advertisements Column 4
      489 30 PHILI-ORIENT LINES PTE LTD HfAOOFfiCF '06 ROBINSON RCAD :,w j buiIDINO Singapore :wt RS »B"2C Ph'li U> EAXT/FM EMI Ftt 10. 11 B(I►1 ttt: —■,17'?': EAST/WEST AHMCA/MB. FO. ft LCI WWI uw rr —tt>B," '/rr yrn 1 BEIRA, TAMATAVC, P. SUM MWMWt TAMGA, P. SUEZ 'l.'liTlT-T F.r..yfljH /.i nj USA
      489 words
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      Page 31 Advertisements Column 1
      1246 31 Apflts Spore NEPTUNE AGENCIS PTE. LTD. Qmnl Bookings Bookinp Imnrd/ Terminal Emmas FE EU/AUST TOW© Outward *****22 27W977 *****53 27*5742 *****44 *****19 *****16 *****U *****4* (CR NO. **********0E) m 1 M w NEPIME SOM BHD 8* SK? Sg NEPTUNE ORIENT LINES LTD EXPORT TO-EUROPE UK (VIA SUEZ) IN WL/VO* PIN
      1,246 words
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      Page 31 Advertisements Column 2
      832 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/1 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC P. KELANC MESSRS NAI THONC SHIPPING 127 Street. Pen»nj, Meleyua M/S HANDLING SYSTEM CO SOU. INO.
      832 words
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      Page 32 Advertisements Column 1
      366 32 SINGAPORE SHIPPING' CORPORATION (PTE.) LTD. Til 225 6868 (34 Lines) FAX *****39/*****76 TUEX RS ***** A/B SSCMA RS ***** A/B SSCAO r DSR-LIMES VEB DEUTFRACHT SEEREEDEREi ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO iEAST MEDITERRANEAN 4 NORTH CONTINENT EUROPE II»- r ■■?ißiv.wv.»ggiEaEa riuT^i'' i' i ■niwH'.'jnraca larryj'.i' HA
      366 words
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      Page 32 Advertisements Column 2
      304 32 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HON6KON6/TAIWAN/JAPAN ANDROMEDA STAR VOV 4 30/07 05/06 07/08 11/01 14/08 10/08 VOY 5 29/08 14/09 15/09 19/09 22/09 18/09 VOY 07/10 13/10 15/10 19/10 22/10 18/10 PORT KLANG HONG KONG KAOHSIUNG SAKAIMINATO TOMAKOMAI SHIBUSHI PORT KLANG AGENT INTEGRATED FORWARDING SHIPPING SDN RHO. TEL: *****04
      304 words
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      Page 32 Advertisements Column 3
      158 32 CN C LINES WEEKLY FCL LCI CONTAINER SERVICE ML UN BKK HKC KAO KE£ YOK TYO KUOLUN6VM «/M 0 OOCKMC KUO LUNG VM OS/IO 0/MM/U- 1»/10 2*M 21/W KUO HSIUNG Vttl a/M 21/10 27/18 2*lo ©11 0111 KUO KNAN6 VW 27/ M 21/10 2/11 J/11 Vll 10/11 I*ll CR No.
      158 words
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      Page 32 Advertisements Column 4
      243 32 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU Daily receiving cargo at PPW/Jurong Port/Manna/Sembewang Perita Shpg Trdg P L lU Tel No S33BS2S Tlx 42*2 Fai *****86 PERITA CONTAINER LINE MV. ANGKASA JAYA ETA BSCR ETD DOCK FORTNIGHTLY SEMI-CONTAINER SERVICE TO: PANJAN6 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG
      243 words
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      Page 32 Advertisements Column 5
      345 32 HCL REGIONAL CONTAINER LINES ASEAN PORTS BANGKOK sailings a week Hock Aaencv Co Ltd BKK (Tel: SINGAPORE Thur FH 2VI V* 3m Frt n* VM FH VM VM I Thur MOANA PACIFIC SURATHANI 1 SAILING A WEEK MOANA PACIFIC PITA BHUM VOY I SINGAPORE SURATHANI ll'|. P.KELANC 3 SAILINGS A
      345 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      140 32 Regional Weather r" 5^ fi Si 1k SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJC. SEP 28, ISB9 LEGEND R Thunderstorm Temperate c Weather Wind (fraction with speed «knots R Wave height Cloudy Sky Swrfoc* wwhJi Of# Midicottd bf wKick Hy wilfc fK# wMid One ful circle represents cotm of
      140 words
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