The Business Times, 3 October 1989

Microfilm: NL16819
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, OCTOBER 3, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    246 1 Dow up THE US purchasing agents' announcement that prices continued to fall sharply in August turned the stock market around from a small loss to a small gain early yesterday, traders said. The Dow was up one point at 2,694. Reuter Footsie down BY MIDDAY yesterday, mar-ket-makers
    246 words
  • Article, Illustration
    Asian markets lower except Australia
    219 1 REGIONAL MARKETS closed generally lower yesterday except in Australia, where continued activity in the banking sector helped push the share market to a higher close. In Singapore, share prices eased over a broad front in light trading. However, the Straits Times Industrials Index remained unchanged
    219 words
  • Article
    Greenback ends higher in Tokyo
    135 1 THE US DOLLAR closed higher against other major currencies on the Tokyo foreign exchange yesterday despite repeated Bank of Japan (BOJ) intervention. The Japanese central bank stepped into the market by selling US dollars at 139.00 yen in late morning trade, dealers said. It sold
    135 words
  • Article, Illustration
    Lock icon Soviets hint at boosting arms supply to Phnom Penh if fighting hots up
    444 1 AP MOSCOW may supply increasingly sophisticated weapons to the Phnom Penh government if it is threatened by the Chinesebacked Khmer Rouge guerillas, a Soviet journalist and political analyst said yesterday. But the Soviet Union definitely would never
    AP  -  444 words
  • Article, Illustration
    URA to start selling Marina South sites in 1992/1993
    525 1  -  RATE OF RELEASE WILL DEPEND ON MARKET DEMAND By LEE HAN SHIH Property Correspondent THE URBAN Redevelopment Authority (URA), which is pushing for the expansion of the Central Business District, will start in 1992 or 1993 to sell land in Marina
    525 words
  • Article
    Wearnes plans $146 m cash call for expansion
    479 1  -  By HERMAN PHUA HOME-GROWN MULTINATIONAL Wearne Brothers Ltd, as part of an expansionary drive, has proposed a $146 million cash call through a two-for-five renounceable rights issue at $4.50 each. The diversified group also reported a robust performance for the nine months
    479 words
  • Article
    Lock icon Umno Youth responds to PAP activists
    169 1 Bernama UMNO YOUTH said yesterday that the Singapore government should be sensitive to the feelings of Malaysians, especially Malays, before issuing statements affecting bilateral relations. Its information bureau chairman, Ahmad Zahid Hamidi, said in KL that Umno Youth had no intention of interfering in
    Bernama  -  169 words
  • Article, Illustration
    Guthrie GTS buys Shahzan Tower for M$150m
    412 1  -  By ROSIE TAN IN ITS first major foray into Malaysia, locally-listed Guthrie GTS is said to have bought one of Kuala Lumpur's most prestigious buildings. Shahzan Tower, for Mslso million (*****.5 million). The purchase, expected to be announced today, is to be satisfied
    412 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      181 1 Nikon The World s Finest Photographic System. Full report, PAGE 18 Regional markets, PAGE 20 Identical write to the last detail. Except their point sizes. You already know the 11 Pilot Hi-tecpoint V 5. 11 Now, meet the all-new 11 We call them the II identical high-tech 1I twins. Similar
      181 words
    • Advertisement
      Page 1 Advertisements Column 2
      223 1 k w ir COMPANY SERVICES HI I V ItP \t\MS PCr NEWS 17 Aircraft Schedule 4 •k kl I i i I I Hotel Prop holds Bpc Asian Market 7 ya vl stake in GB Holdings Commodities 10 Editorial Comment: 12 Taiwan 6 Kim Hin Joo secures Pa m oh
      223 words
    • Advertisement
      Page 1 Advertisements Column 3
      169 1 Nikon The World s Finest Photographic System BT's Special Property Supplement The Property Supplement. For the third year running, Business Times surveys the property market. We ask analysts, consultants and government agencies what they think is in store for investors. We take another look at home financing. And we find
      169 words
Page thumbnail Page 2
  • HOME NEWS
    • Article, Illustration
      Better planning with land-use database
      265 2  -  By LEE HAN SHIH Property Correspondent BARRING HITCHES, a giant computer database containing essential information on properties, titles and deeds and land uses will be available to the private and the public sectors in 1994. The database, to be operated by the Urban Redevelopment Authority
      265 words
    • Article
      Sumitomo Bakelite to boost local investment
      405 2  -  By JOHN TAN SUMITOMO BAKELITE, which has already invested $90 million in Singapore, plans to beef up its local operations with a further $40 million over the next two years. Barely hours after opening its wholly-owned $30 million industrial plastic plant, it announced that
      405 words
    • Article
      Airfreight workers to vote on joining union
      146 2 A SECRET BALLOT will be held today to decide whether the workers of an airfreight company wish to join a union or not, following the dismissal of two of their number who were allegedly sacked after they started to organise their colleagues According
      146 words
    • Article
      Tioman cruise service meets rocky end
      406 2  -  By WALTON MORAIS A LUXURY, high-speed cruise service from Singapore to Tioman Island has run aground after only a few weeks in operation, leaving about 12 local travel agents in a financial quandary. The local travel agents had paid at least $24,000 each to
      406 words
    • Article
      Informatics in joint venture with Indonesian computer maker
      197 2 INFORMATICS, one of Singapore's largest computer schools, has teamed up with Indonesia's leading computer maker and distributor to set up a chain of computer schools in Indonesia. Under an agreement between Informatics Holdings and Oriental Komputer Bethara. the first computer training school
      197 words
    • Article
      MEMO-PAD
      200 2 Seminars and courses Oct 3 4 What You Should Know SIM Management Singapore *****46 About Direct Marketing House Institute of Management Oct 4-6 Quality for Software SISIR Auditorium Singapore Institute *****77 on Standardisation of Standards ext 103 and Certification Industrial Research Oct 4 The Law, Procedures Hotel New Otani
      200 words
    • Article
      US economist expects greenback to rise again by middle of next year
      427 3  -  By TAN KEE WEE CENTRAL BANKS of the Group of Seven countries may succeed in lowering the value of the US dollar now, but it will be a matter of time before the greenback rises again, says an
      427 words
    • Article, Illustration
      S'poreans urged to use Chile as launch pad into S America
      239 3 THROUGH INVESTING in Chile, Singapore companies can use the country as a staging post to move into the Latin American market of 300 million people. Making the call yesterday to Singapore businessman was the Chilean Minister of Economy, Mr
      239 words
    • Article
      CIDB to hold seminar on waterproofing problems
      115 3 THE CONSTRUCTION Industry Development Board (CIOB) is organising a seminar and exhibition to highlight the problems of waterproofing in the tropics. The two-day event. Waterproofing in Tropical Climates, is being planned jointly with the Housing and Development Board. It begins on Oct 18
      115 words
    • Article
      Venture capital firms urged to invest in start-up projects
      461 3  -  By GENEVIEVE CUA VENTURE CAPITAL FIRMS were yesterday urged to expand their portfolios to include more investments in the "green field" or start-up projects. Foo Meng Tong, director of the Economic Development Board's small and medium enterprise division, said new venture
      461 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      213 2 Seven Banks, one network for worldwide coverage. This is the MPS Banking Group. The 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 their particular markets in their
      213 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      132 2 Global temperatures and weather forecast for Oct 3 City Max/ Note 17/09 Sunny 20/10 Sonny 24/17 Cloudy 20/14 Rainy 34/26 Showers 24/13 Sunny 16/06 Sumy 17/08 Sunny 32/23 Fair 29/09 Sunny 30/14 Sunny 18/09 Sunny 20/09 Sunny 21/09 Sunny 16/07 Sunny 30/24 Sunny 28/18 Sunny 31/23 Showors 33/24 Showers 28/17
      132 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      60 3 M CAMPUS- 1108 cc RENAULT TS-1390CC RENAULT I liw! GTS(A)-*****c PTYiAi 100*rv% U Ia i""OCC RENAULT MHHMHNMi MHMH V A 4£L v j r&&~' ■••■"5 v*~: -,?rv ESPACE "5 -tS: •< f 'i §1 fMHP' PS iHwi i >;3 RENAULT W m mm m m mmmiJmmm.mm ALPINE Is** 3§p i
      60 words
    • Advertisement
      Page 3 Advertisements Column 2
      103 3 NO ONE OPENS THE DOOR TO AMERICA What does service mean to Northwest? It means giving you more r j choices and options. From 12 cities in Asia we can take you through > BU.S gateways and onward to over 200 cities across America. No other airline offers you this
      103 words
Page thumbnail Page 4
  • FOREIGN NEWS
    • Article
      US should shift to long-term outlook: Sony
      203 4 AN INCREASED dependence by US industries on imported capital goods is resulting in a loss of competitiveness in world markets which can only be avoided by shifting to a [long-term outlook, Sony chair- man Akio Morita said in an article published on Sunday
      203 words
    • Article
      Lock icon Soviet minister will get to see latest American weapons
      269 4 Reuter SOVIET Defence Minister Dmitri Yazov will visit US bases around the country, get a first-hand look at the intercontinental B-1 bomber and tour the historic Civil War battlefield at Gettysburgh, Pennsylvania. Yazov, who was greeted by Dick Cheney, US Defence
      Reuter  -  269 words
    • Article
      Lock icon S Africans taking senior positions in Canada
      304 4 AFP SOUTH AFRICAN businessmen are finding Canada attractive, and many have quietly taken over senior positions in big companies, the Financial Post says. The Toronto newspaper reported on Saturday that although Canada has expressed its abhorrence of apartheid, it has done nothing to
      AFP  -  304 words
    • Article
      Lock icon Most US executives not prepared for EC 1992: survey
      416 4 AP JUST 37 PER CENT of US executives surveyed recently said they have begun implementing strategies to deal with the unified European market planned for 1992. "The fact that the majority have not taken action shows they may be greatly underestimating
      AP  -  416 words
    • Article
      Lock icon Paris cash flow hit by striking tax staff
      353 4 AFP THE FRENCH government is annoyed by a strike by its tax staff that has cut down on the state's cash flow, though it has been a boon for many companies whose Value Added Tax (VAT) cheques have not been cashed. The
      AFP  -  353 words
    • Article, Illustration
      Lock icon Yeltsin's revolution warning shown on Soviet TV
      182 4 Reuter THOUSANDS of Soviet television viewers on Sunday heard Communist Party rebel Boris Yeltsin warn of a "revolution from below" if radical economic changes did not happen within a year. Mr Yeltsin's remarks, during his recent lecture tour of the United States, were
      Reuter  -  182 words
    • Article
      Lock icon Lawyer in Texaco-Pennzoil suit a top earner
      201 4 Lawyer in TexacoPennzoil suit a top earner AP HOUSTON LAWYER Joseph Dahr Jamail earned US$45O million last year to easily take the No 1 spot on Forbes' list of the United States' highest paid attorneys, whom the magazine called "real champions of the American greed game.'' Mr Jamail, 63. who
      AP  -  201 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      543 4 ARRIVALS Operator S*rvtc* Local From number Hm« SiA SQ103 0950 KUL CM CI806 1000 CGK CPA CX710 1000 CGK RAW BAM 1020 LHR/AUH MAS MH33A 1020 KU GIA GA893 1045 AMS/VE/AUH SIA SQ691 1055 KHH GU GA960 1100 CGK SIA SQ105 1105 KUl aT CALTEX 1115 PKU
      543 words
    • Article
      Lock icon Taiwan to boost financial aid to Third World nations
      389 6 EAST BLOC STATES MAY QUALIFY FOR ASSISTANCE IN FUTURE Reuter TAIWAN, a diplomatic outcast but one of the world's biggest holders of foreign exchange reserves, plans to substantially increase financial aid to Third World countries for development projects, officials said yesterday.
      Reuter  -  389 words
    • Article
      Lock icon Scandal eroding support for KMT: poll
      277 6 AFP TAIWAN'S Justice Minister, who has refused to step down in spite of a growing corruption scandal, could become a liability for the ruling Kuomintang (KMT) in crucial December elections, according to a public opinion poll. The Chinese-language Commonwealth magazine said 57.4 per cent
      AFP  -  277 words
    • Article
      Lock icon Shock treatment to fight Brazilian inflation
      147 6 Reuter A FORMER GOVERNOR of Brazil's central bank said on Sunday that leading candidates for November's presidential election agreed on the need for "shock treatment" to counter inflation. "Ignoring some extremists with few chances of success, we should expect a shock treatment on inflation,"
      Reuter  -  147 words
    • Article
      Lock icon Johor Umno sets up task force to tackle membership problem
      377 6 Bernama JOHOR UMNO has formed a committee to resolve the membership status issue affecting several branches in the Johor Baru division. State party chief Tan Sri Haji Muhyiddin Yassin said yesterday the step was to ensure that these branches were
      Bernama  -  377 words
    • Article, Illustration
      Lock icon Japan will not abolish sales tax, says Kaifu
      336 6 Reuter JAPAN'S Prime Minister Toshiki Kaifu, cheered by landslide by-election victory for his party, said yesterday his government would not abolish an unpopular sales tax. "Seen from the standpoint of the fairness of the tax burden and our country's future outlook, the
      Reuter  -  336 words
    • Article
      Lock icon Japan's aerospace industry could take off with US link
      574 6 AP JAPANESE ANALYSTS are hoping that increased cooperation with the US could be a boon to Japan s fledgling aerospace industries one important area of technology where Japan has lagged behind Western nations. During a six-day visit to Tokyo that ended
      AP  -  574 words
    • Article, Illustration
      Lock icon Marcos backers offer compromise
      369 6 AP FOLLOWERS of the late Ferdinand Marcos yesterday proposed that the former president's body be flown to a northern airport rather than Manila as a compromise to allow hie remains to be buried in his homeland. The offer was made as Mr Marcos' supporters prepared to
      AP  -  369 words
    • Article
      Lock icon Indian army training Tamil youths in Sri Lanka
      287 6 AFP THE INDIAN ARMY is giving military training to hundreds of Tamil youths to set up a provincial police force in Sri Lanka, but has denied charges that recruits were forcibly conscripted. About 2,500 Tamils have been trained across the island's Tamilmajority
      AFP  -  287 words
    • Article
      Lock icon Congo in economic crisis
      295 6 AFP KEY SECTORS of the Congo's economy have run into such major difficulties as to threaten the country's development, prompting calls for reforms to boost the private sector. Bearing the brunt of the economic storm is Pointe Noire, the coastal city that is Congo's economic centre
      AFP  -  295 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      53 4 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Sole Agent: Cosa Liebermann (S) Pte Ltd. 122 Middle Road #08-08, Midlink Plaza, Singapore 0718. Tel: *****88. Telex: RS *****
      53 words
    • Advertisement
      Page 4 Advertisements Column 2
      185 4 A TP! A T THt bwn«« h \A/ VI IkK 1N JL( V V I \_/l\l\ Pr. d^4"" l, ,mu JA r< h Call your travel agent orAtr Canada at 732 #555. A Breath Of Fresh Air >3V .s. Air Canada 2L r* Superb Choiceof 3 Dinner Specials. II U.S.
      185 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      279 5 A^x ~m \j I feM »*>! B WSmm &/s 1 „> Pv I I the horizors of Visual Computing: any Computer System VerKter/ v V c y v^ JF I the mi,itar V asks for it .Mr Bob Bishop, President of Silicon I engineers and scientists welcome it will share
      279 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      49 6 ENTER AND FEAST AT OUR GERMAN BANQUET TABLE With over 60 German favourites, our German buffet lunch at The Belvedere almost as |hH I\| German Buffet Lunch DDI "^Ty^/^TA'/ h the Infill il«e|mn. We serve the nwld to yoit at 333 Onhurd RiW Stnaapore 0923 td 737 4411 I
      49 words
    • Advertisement
      Page 6 Advertisements Column 2
      9 6 Leader, PAGE 12 Rush for KBL leadership, PAGE 12
      9 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      80 6 Doonesbury BY garry trudeau YBAH, THISIS BARBARA ANN I KNOW SHZ DO&N7 SHE'S GETTING THERE IN A j H 6HT BOOPSiE! BOOPSTBINS PERSONAL MANA- HAVE ANYUNES, BUT U)H<TE STRETCH UMO UJTJH IWO qxju? JHE'V GBR! OUE STILL HAV&TTGOT UJE NEEP TO CELLULAR PHONES, A VCR AND JUST HOP TRAIN! THE
      80 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Asian dollar market
      271 7 PERIOD Asian dollar deposit rates ended slightly higher yesterday compared with last Friday's close, dealers said. Trading was thin the whole day and dealers attributed the rise in term rates to bidding interest by several Japanese banks. One. six. nine and 12 months closed at 9-1/8 nine
      271 words
    • Article
      Lock icon IMM
      259 7 Reuter IMM CURRENCY futures ended last Friday higher as central bank intervention helped prop up prices throughout the session. Key central banks persisted in a concerted intervention against the US currency, selling dollars overseas and again in US markets. Speculation about the possibility of an increase in British and
      Reuter  -  259 words
    • Article
      Lock icon Simex
      498 7 Reuter SIMEX Eurodollar futures closed mixed in moderately active trading yesterday on some buying and position adjustments, dealers said. "Underlying market sentiment is bearish, with most traders monitoring the strength of the US dollar," a dealer said. "But prices could recover in Chicago trade ahead of the 1400 QMT
      Reuter  -  498 words
    • Article
      Lock icon Signs of US economic slowdown could lower interest rates
      322 7 NYT CREDIT MARKET analysts said long-term US interest rates, which have tested the upper limits of a 7.75 per cent to 8.25 per cent range recently, could move higher still in the coming weeks But any rise is likely to be
      NYT  -  322 words
    • Article
      Security Pacific to arrange $70m loan for Beaufort Sentosa
      363 7  -  REPAYMENT WILL BE BY MEANS OF AMORTISATION By HONG LEE TIAM SECURITY Pacific Hoare Govett Asia Ltd has been given the mandate by Beaufort Sentosa Developments Pte Ltd (BSD) to put together a $70 million loan for the construction of a
      363 words
    • Article
      Lock icon Bonn may raise rates on Thursday: bank chief
      818 7 Alfred Herrhausen, chairman of Deutsche Bank, talked to Reginald Dale last week during the annual meeting of the IMF and World Bank IHT Question: There has been much speculation that West German interest rates will soon be raised. Do you think so?
      IHT  -  818 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      529 7 A small achievement, perhaps, for the man who invented synonymous with the greatest cuisine in the world. For a set price of $74, a different menu will be featured Peche Melba, made the Ritz famous and swept classical French cuisine It was a superb team; Ritz would plan and design
      529 words
Page thumbnail Page 8
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1095 8 SINGAPORE: The US dollar closed higher yesterday against most currencies on shortcovering and some commercial demand in cautious trading, dealers said. They said players refrained from pushing the dollar sharply higher after last week's concerted central bank intervention and further Bank of Japan dollar sales reported in Tokyo
      1,095 words
    • Article, Illustration
      Money markets
      67 8 THE overnight rate on the Singapore money remained unchanged at 5-3/8 per cent yesterday. Term rates were also unchanged. Indicates the average oi tha prima landing rata* of 12 ma (or banks In Singapore S$ Interbank rates at the dose yesterday; Offff MO o»*nigta i 1/4 1-monlfe 3
      67 words
    • Article
      Government securities market
      100 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER «GH LOW 3 months &Q*****F 28.12.89 4.31 4.26 4.29 4.21 6 months BS*****V 18.01.90 4.25 4.20 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 UD
      100 words
    • Article
      World interest rates
      167 8 Interbank market rates (offer/bid) on Oct 2 US$ DM SWFC Y«o 7 do r 9 I/• 9 14 1/4—14 7 1/1*- 3/16 7J/I-7 1/1 3 S/t 5 1/3 I mth 9 1/$ 14 9/1* —7/1* 7 3/4 7 J/« 7 3/4 7 3/* 3 9/1* 7/1* 3
      167 words
    • Article
      Quotation of Singapore Government Stocks as at September 30,1989
      393 8 Number Gross Uaturitu Year 00 Amount lntere#t of days of l ld ?P r,ce redemptjon Maturity r>te A un < menl accf y ued (excluding (Sp.) (jm) da,.. (*p.) 15.10.86/89 Loan ***** 5 3/4" I 54.67 15/4 15/10 168 100.00* 5.75*
      393 words
    • Article
      Options
      1171 8 CURRENCY FUTURES OPTIONS Monday, October 2, 1969 DEUT8CHEMARK (SIMEX) Dm M call* Ow M put* 32 54 JAPANESE YEN (SIMEX) Dac M cat* Ow M puto CURRENCY FUTURES OPTIONS IMM Friday, Saptambar 29, 1989 BRITISH POUNO £*2,800; can* par t Plica OCX Nov-c Opc-c Od-p Won p Dw^ 1550
      1,171 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      40 8 4 "7" A 4 P CLffAffrAA) AN INCISIVE COMPASSIONATE SONGWRITER WITH ONE OF THE MOST EXPRESSIVE VOICES OF HER GENERATION W IK NEW ALBUM CROSSROADS ON HLMKTKA Al -Bl MS, (:i )S (:ASSIi'TTES 1 EMt'i EmtfUmmem Marketed by WEA Singapore
      40 words
    • Advertisement
      Page 8 Advertisements Column 2
      21 8 JAB\NESE RESTAURANT Ginga Special Set Dinner it's a Ileal Treat! a O'waC^ 382 Hsvdoch Rd S pare 0316 Reservations *****22 (Carat)
      21 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      224 9 <1 OUR DEALERS CAN MAKE FAT MARGINS ON EVERY TRANSACTION. m V W Jk^^M J |l I^— •q j jrp /^vtvtt \r Our dealers live to the beat of the US exchanges. Every tremor Services offered through close cooperation with Singapore Telecom. JD U 1 UIN L 1 there can
      224 words
Page thumbnail Page 10
  • COMMODITIES
    • Article
      Lock icon Jakarta optimistic of reaching accord on Kuwaiti proposal
      702 10 NEW INITIATIVE WILL RAISE OPEC CEILING TO 21.5 m bpd Reuter THE PROPOSED new production quota system presented to Opec last week was the initiative of Kuwait, Indonesian Oil Minister Ginanjar Kartasasmita said. An earlier Iranian proposal, which would have given Kuwait
      Reuter  -  702 words
    • Article
      Lock icon Japan's oldest coal mine shut down
      310 10 AFP JAPAN'S oldest coal mine was shut down in an emotional ceremony in Mikasa last Friday, the latest victim of a government plan to streamline an industry faced with rising costs and cheap imports. "Domestic coal production has been reduced at a faster than
      AFP  -  310 words
    • Article
      Lock icon China makes first buy of US wheat since crackdown
      256 10 Reuter CHINA has made its first purchase of subsidised US wheat since economic and political relations between the two countries cooled down after Beijing's military crushed student demonstrations in June. The US Agriculture Department reported on Friday that private exporters sold
      Reuter  -  256 words
    • Article
      Lock icon Quality of KL palm oil assured
      117 10 Bernama MALAYSIAN Primary Industries Minister Datuk Seri Dr Lim Keng Yaik yesterday assured Turkish importers that Malaysian palm oil is a versatile and high quality product with positive nutritional attributes. "We are confident that with these merits, coupled with reliability in supply and competitive
      Bernama  -  117 words
    • Article
      Lock icon ICO August coffee exports rise after quotas ended
      179 10 Reuter SHIPMENTS of coffee by International Coffee Organisation exporting members to all destinations were 6.57 million 60-kg bags in August. the first full month after the suspension of ICO export quotas, against 5.41 million bags one year earlier, preliminary ICO figures show.
      Reuter  -  179 words
    • Article
      Lock icon Many Madagascar coffee plantations abandoned
      146 10 Reuter MANY MADAGASCAR coffee plantations have been abandoned as a result of the sharp fall In world coffee prices, officials of the state-controlled coffee price stabilisation fund said. Farmera say world prices do not meet their costs of production, the officials said after a tour
      Reuter  -  146 words
    • Article
      Lock icon Ecuador carries out plan to take control of national pipeline
      276 10 Reuter ECUADOR'S government took control of the main oil pipeline last Sunday and production of the country's leading export began returning to normal after a strike which prompted the government to declare a state of emergency ended. The strike by
      Reuter  -  276 words
    • Article
      SSR and SMR
      79 10 (cant. A«) NOVEMttR 1989 DECEMBER 1989 (currant month) (forward month) RAS NOON NOON luyan Silhn Ivyan Saltan SSI 20 134.00 1 58.004 157.00 159.00N SSt 50 134.00 156.00N 155.00 157.00N MRELB Swyan 1,n»n kvyan SaMan SMI CV 223.00 225.00N 225.00 227.00N SMI I 223.00 225.00N 225.00 227.00N
      79 words
    • Article
      Lock icon KL Tin
      194 10 Reuter THE KUALA LUMPUR Tin Market (KLTM) pries strengthened 60 sen at the cloee yeeterdey to M 522.60 a kg on strong shorl-cover-Ing mainly by European traders, brokers said. A opening bW of 014 tonnes versus oilers oI 144 and laat Friday's London Metal Exchange (LME) rtae puehed
      Reuter  -  194 words
    • Article
      Lock icon Egypt raises oil prices
      70 10 AP EGYPT on Sunday Increased the prices of its exported oil by 50 US cents a barrel for all blends, the fourth successive export price hike since the middle of August, an Oil Ministry official said. The new prices were for the first half of October.
      AP  -  70 words
    • Article
      RAS and MRELB
      273 10 R AS prices m s cwMg, fob In mm NOON CLOSE 8uyora Sollors Ruyon Sollori Int 1 RSS Prompt 164.50 167JON 167.00 168.00N MI RSS Nov 168.50 169.50 169.00 170.00 Int 1 RSS Doc 170.50 171.50 171.00 172.00 Int 2 RSS OP 165.50 167.50N 166.00 168.00N Int
      273 words
    • Article
      Precious Metals
      363 10 HONGKONG: Gold closed slightly eaaier yesterday in very quiet and thin tight-range trading on light local profit-taking due to a lack of market incentives and a rebounding US dollar, dealers said. "A market holiday in Australia might have encouraged quiet trading," a dealer said. "Trsders were awaiting direction
      363 words
    • Article
      Rubber
      357 10 SINGAPORE: Rubber prices closed slightly higher yesterday, with November One RSS buyer quoted at 169.00 cents a kg, up 0.25 cent from last Friday's close. Dealers said prices hovered within a narrow range on light covering interest in the afternoon. Trading was very quiet. On the TSR-20 Award market,
      357 words
    • Article
      Lock icon Crude Oil and Products
      141 10 Telerate DEMAND and supply fundamental were little changed In light trade. Offers were heard aa high as $93 mt fob Sing following crude oil's strength and the run-up in HSFO futures on Simex. Bids wsrs stsbls at the $89-90 mt fob Sing. Discussion is now centred
      Telerate  -  141 words
    • Article
      Palm Oil
      386 10 MALAYSIAN CRUDE PALM OIL FUTURES cloeed firmer on the Kuala Lumpur Commodity Exchange yesterdsy on short-covering snd fresh buying support following the higher cash market. Dealers said the msrket opened slightly lower in line with the easier Chicago soybean msrket but picked up with buyers covering their positions
      386 words
    • Article
      Produce Prices
      194 10 Chinese Produce Exchange Sollon' noon doting prtcoi on Octobor 2 (SI/100 kg) Coconut oil Bulk FO« 94.50 OW drum FOB 104.50 Now drum FOB 100.50 Copra Mixod (loot*) 53.00 II Pepper Munfok wNto FOB NLW 505.00 Sarawak whlto FOB foq NLW 495.00 Sarawak tpodal black FOB NLW 385
      194 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      178 10 10 ways the Dale Carnegie Course® helps men and women: Poise and Confidence Public Speaking A* ■■■■■■I n I UHn na numan newuoos instcm People Management SkJls Effective Communications Motivational Sklls The Courage to Think, Decide and Act Se« Yourself and Your Ideas Develop Your Hidden Abilities Win a Better
      178 words
Page thumbnail Page 11
  • TECHNOLOGY
    • Article
      M & D sells accounting package to Sony
      184 11  - M D sells accounting package to Sony t>y John Tan McCORMACK DODGE (M D), a software subsidiary of Dun and Bradstreet Corporation, has sold an accounting and management software system worth $500,000 to Sony of Japan. Installation of the software system paves the way for Sony International's operational headquarters in
      184 words
    • Article, Illustration
      Datapro beefing up Asia-Pacific database
      302 11 DATAPRO RESEARCH'S editorial operations in Singapore can expect "rapid expansion" if the company's European operations are a yardstick. Datapro Research international editorial manager Bruce Gibson said at a press briefing in Singapore last week that when the New Jersey-based company moved its international headquarters to
      302 words
    • Article
      Lock icon Tokyo supercomputer makers cut prices
      532 11 Asahi News Service HITACHI LTD has reduced prices for its four supercomputers by 25 per cent to 35 per cent as of Oct 1 in a move industry experts say is aimed at lowering the huge discounts on government purchases, a practice the US says
      Asahi News Service  -  532 words
    • Article
      Lock icon TECH -TAKES
      518 11 NYT RESEARCHERS at International Business Machines Corp have won patent approval for superconductor materials that operate at higher temperatures than any other materials developed thus far, as well as j a patent for the process to make the superconductors. But the ultimate reach of the patent remains unclear,
      NYT  -  518 words
    • Article, Illustration
      Sale of LANs expected to increase
      520 11  -  Trend towards larger geographical coverage By WALTON MORAIS ALTHOUGH first-quarter sales have been "a bit flat", Local Area Network vendors in the United States expect 1989 to be "a very good year". In its latest annual report on User Ratings of Local Area Networks,
      520 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      238 11 PC Corner has been held over FREE! IIf you are looking for a "Catchline"...there isn t any. COME SEE FOR YOURSELF... LANFuture'B9 "Netpower...Today's Solution for Tomorrow's Needs" Friday, 6th October 1989 8:30 a.m. 3:00 p.m. Regent Hotel Royal Pavilion Ballroom (Level I) 1, Cuscaden Road, S(1024) Highlights: "Erasable Optical Storage,
      238 words
Page thumbnail Page 12
  • PERSPECTIVE
    • Article
      'Cos he was Marcos
      544 12 BUSINESS TIMES TUESDAY, OCTOBER 3, 1989 THERE is only one defence: it It never easy. When Ferdinand Marcos took the reins of power in 1965, the Phiilppinee wss s nation In cliched search of Its destiny. The country fsced the classical despair of Third World nstions:
      544 words
    • Article, Illustration
      Aussies fire up the Indonesian coal market
      1548 12  -  After investing more than Aslso million, Australian mining companies have begun production of coal in Indonesia. FLORENCE CHONG, writing for BT from Sydney, looks at their plans for the future and factors affecting further development of the Indonesian coal industry. FLORENCE CHONG AUSTRALIAN
      1,548 words
    • Article, Illustration
      Australian interest in gold exploration lags behind
      459 12 TWO YEARS AGO. Indonesia beckoned to Australian companies and others keen to mine gold in the archipelago. Of the 105 contracts of work issued, most went to Australian companies. However, despite the initial trail of publicity, few of the gold companies have actually
      459 words
    • Article, Illustration
      Lock icon Marcos death triggers rush for KBL leadership
      853 12 AP FERDINAND MARCOS' death has set off a scramble for leadership of his movement, and some mainstream politicians apparently are seizing the issue of his body's return to win support among the late dictator's followers. Marcos died last Thursday in Hawaii, where he
      AP  -  853 words
    • REGIONAL VIEWPOINTS
      • Article
        Meetings raise peace hopes
        235 13 US-SOVIET TIES "THE WORLD is becoming a safer place through th« willlngnsas of the United Statea and the Soviet Union to accentuate the poaitive in their relationship, with a broad agreement in principle emerging on a strategic arma treaty (START). The superpower foreign ministers' meeting in
        235 words
      • Article
        Wrong analogy, Mr Jiang
        250 13 CHINA •IN THEIR TALKS with a delegation of Japaneae Diet members In Beijing this week, Chinese leaders confirmed there will be no change In the policy of economic reform and opening. Given the importance of China for the stability of this region of the world, their
        250 words
      • Article
        Review Jakarta's stand
        466 13 CAMBODIA THE VIETNAMESE military expedition into Cambodia in December 1978 underlined again the constant theme running throughout the history of mainland South-east Asia during at least the past two centuries, which is that whenever one of Cambodia's neighbouring countries felt unsure about the security of its flank
        466 words
    • Article, Illustration
      Lock icon Jiang stands firm against reforms
      619 13 CHINA AFP CHINESE Communist Party chief Jiang Zemin's keynote speech, carried on the front page of the official press last Saturday, confirmed that China would not join the reformist wave now sweeping socialist countries. Mr Jiang, who replaced the disgraced Zhao Ziyang, however risked worsening
      AFP  -  619 words
    • Article
      Lock icon US seeks homegrown solutions to economy now
      599 13 JAPAN BASHING Reuter THE United States is turning down the heet on Japan as the White House focuses less on blaming foreigners for America s economic ills and more on what can be done at home to improve its lot. In the ideologically
      Reuter  -  599 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      179 12 WnVAUM Ml RATIO FISCAL VIM MM You B soon be privy B to the B AUTHORITATIVE g RANKING 3 of Asia-Pacific's 3 top companies 3 and banks. 5 Introducing The BILLION jjjjjj Directory. The authoritative 21 report that ranks the region's top SB 100 industrial companies by sales 3S and
      179 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      38 12 UHY Should »?£TuRn€D i«sl f\ U (Tcck fvo g«o<c F<?ofn Mis HOUWYS I 06JCCT TO mm 7 *OTh«m& "fa DO 1 l€mT "**l sor've. F€JcX*\lG WiS FaCC VE2SSS: Me. T speMDs^ T sw T,De o*e*... OM rvry ITCH.
      38 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      180 13 |J 1 1,1 1 M^jagg|MM| Is Now Flying Tigers. -J *f M^M^ M f ll^ BMM, IMMIIIIIIMMII 4m/ Flying Tigers is now Federal Express. There's big news in the air freight industry. Federal Express is pleased to announce thai with our merger on August 7th, we've brought Flying Tigers, the
      180 words
Page thumbnail Page 14
  • LIFESTYLE
    • Article
      Lock icon Making nothing happen with Ashbery
      849 14 POETRY IHT WHEN JOHN ASHBERY. who is considered America s leading poet sometimes grudgingly, f<jr it's a contentious world began teaching at Brooklyn College in 1974, everyone asked him how you can teach people to write poetry. "There isn't really an answer except being together,"
      IHT  -  849 words
    • Article, Illustration
      Lock icon How's old Burt Reynolds? Doing fine, thank you
      1158 15  -  PERSONALITIES By KENNETH TURAN Kenneth Turan is the film critic for Gentleman's Quarterly. NYT IT COMES to few men to be as successful in films as Burt Reynolds has been. For five consecutive years, a record bested only by Shirley Temple, he
      NYT  -  1,158 words
    • SHORT TAKES
      • Article
        Love and romance in New York Law Journal
        152 15 THE DAILY New York Law Journal, as part of a campaign to brighten its staid and stuffy appearance, has begun publishing personal want ads by lawyers seeking romantic attachments. "Striking blonde blue-eyed attorney (Italian), 27, enjoys film, theatre, country weekends, zoos, travel,
        152 words
      • Article
        His Nibs signs off
        167 15 HIS NIBS is closing shop, and with him goes another little piece of England. Philip Poole, London's favourite purveyor of pens, nibs and peacock feathers, is giving up his Drury Lane shop in the heart of London's theatre district, forced out by a rent hike from
        167 words
      • Article, Illustration
        Three cheers for Marlon Brando
        148 15 MARLON BRANDO S performance as a trial lawyer battling South Africa's apartheid system in A Dry White Season won approval from the man considered to be the inspiration for the role. "He's a great actor, and I was truly moved," George Bizos, a lawyer who
        148 words
      • Article
        Doorman, bartender, bell-hop, president
        134 15 OARRYL HARTLEY-LEONARD, the latest doorman and bartender at the Hyatt Regency Chicago hotel, turned in his uniforms and surrendered his tips after only one day on the job. That is because Hartley-Leonard, 45, had to return to his regular job he is president of the Hyatt
        134 words
      • Article
        Lock icon Leave the Tower in peace
        128 15 Agencies THE TOWER of Pisa has been leaning for 800 years, so the Keeper of the marble wonder can't understand what all the latest fuss is about. True, experts have been making dire predictions for years. But there was a real tower tizzy recently when
        Agencies  -  128 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      186 14 Where toentertain... Where tv entertain... Where to entertain... Where to If you knew sushi. Jm'M IB Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. W tkr* IWVftHCU THE Westin Pia/A WESTIN moths 4 Risont v iW
      186 words
    • Advertisement
      Page 14 Advertisements Column 2
      208 14 Bubbling, Simmering, Steamboat Buffet 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 SSls++ floO per adult who cuukt hctei. y^MX* Sslo+ per child j 1 Tanglin Road under 12 Singapore 1024
      208 words
    • Advertisement
      Page 14 Advertisements Column 3
      203 14 001 (PCS* Tsrssrsssrv THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood salad, cooked assorted vegetables and homemade dressings
      203 words
    • Advertisement
      Page 14 Advertisements Column 4
      236 14 (jUoctj Spi caa bx/ S^rt /jSS\ £;<' Our S.E.A. Buffet October 1 15 Lunch $14.50++ Dinner $15.50++ Plaza Hotel Cafe Plaza 245) \kl here the service is good. V w the ambience great. the food simply marvelous! An e*penence you II not forget A choice of local western or Indonesian
      236 words
    • Advertisement
      Page 14 Advertisements Column 5
      244 14 1 l This month, you can taste IfVl#!' e ecta^'e Sichuan dishes in lIICJ a sumptuous lunch buffet. IH"M There s a choice of over 35 35ih floor favourites so deliriously spicy you'll keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30
      244 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      201 15 fHfcrfafti,,., The I Businessman's I Lunch Is I In The Paek. I The businessman's lunch at Hubertus Grill offers you the opportunity to dine in the relaxing ambience of a hunter's lodge and to enjoy a jumptuoud spread of appetizers, soups, salads, fruit and deserts. Plus, there is a selection
      201 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      704 15 CRYPTIC PUZZLE ■■i —F —l [5 —R 33 Long narrow part of a 28 Go in (5) ACROSS Pt Pn steelyard (3) 30 Hard-wearing fabric (5) 3 Not a church, but the EASY PUZZLE 33 Cut a kj Ck armntr r -BC- 1 1 _H__H ACROSS SOLUTION TOMORROW 8 Norman
      704 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1416 15 TV and RADIO Fighting AIDS and ignorance Based on a true story, it tells about the fear and ignorance that whip up a -^tj§pF frenzy in the small town of Kokomo. Indiana, when a young boy is found to j[ Kjjgs have AIDS. Born a hemophiliac, the boy had contracted
      1,416 words
Page thumbnail Page 16
  • SPORTS
    • Article, Illustration
      Good prospects for S'pore
      514 16  -  SQUASH By A SURENDREN SINGAPORE should improve on its world number seven ranking, according to Hubert Hill, the manager of the team that will represent the Republic in the World Team Squash Championships to be held at the West Coast Recreation Centre from Oct SM7. The
      514 words
    • Article, Illustration
      Lock icon Gilbert overpowers Jarryd for Volvo championship
      442 16 TENNIS AP THIRD-SEEDED Brad Gilbert won his fifth singles title of the year before hometown fans by defeating unseeded Anders Jarryd of Sweden 7-5, 6-2 in the U*****,000 Volvo tournament in San Francisco. Gilbert used a powerful serve, a pinpoint forehand and a clever
      AP  -  442 words
    • Article
      Lock icon Federation Cup takes off
      135 16 AP LED BY French Open champion Arantxa Sanchez, second-seeded Spain was to face France yesterday in the first round of the Federation Cup women's tennis tournament in Tokyo. Forty nations are competing on the hard courts of Ariaka Colosseum in the women's version of the Davis
      AP  -  135 words
    • Article, Illustration
      Lock icon Senna stays in the running for world title
      362 16 MOTOR-RACING AP SUNDAY'S Spanish Grand Prix was a decisive and agonising race for both drivers and Formula One fans. A slick victory by reigning world champion Ayrton Senna and a third place by his French McLaren-Honda team-mate Alain Prost meant that the
      AP  -  362 words
    • Article
      Lock icon Britton clinches Centel Classic for first PGA victory
      306 16 GOLF AP BILL BRITTON's golfing buddies did a rain dance on Sunday in his hotel room, and it may have helped. Britton won his first PGA tournament and U*****,000 without having to lift a club as the final round of the U*****,000
      AP  -  306 words
    • Article
      Lock icon Wakiihuri wins world's largest cross-country race in Sweden
      377 16 ATHLETICS AP DOUGLAS WAKIIHURI of Kenya, the world's premier marathoner, proved he can run as well on grass and mud, cruising to easy victory in the 25th edition of the world's largest cross-country festival on Sunday. Wakiihuri, the 1987 world marathon champ
      AP  -  377 words
    • Article, Illustration
      Lock icon Calcavecchia triumphs in Dunhill Cup
      397 16 AP MARK CALCAVECCHIA had history all around him and some personal history on his side in an 11-under-par romp over the humps and hollows of the Old Course at St Andrews. Scotland. "It usually happens that when I blow one, I come back the next
      AP  -  397 words
    • Article, Illustration
      Lock icon Perfect finish for Longo
      490 16 CYCLING AP FRENCH CHAMPION Jeannie Longo set a new high-altitude world record in the one-hour trial in Mexico City on Sunday, bicycling 46.352 kilometres (28 miles) to break her own mark before saying she would retire from competitive cycling next month. "This is the last record
      AP  -  490 words
    • Article
      Lock icon Vanderaerden succeeds in Tour of Ireland
      160 16 AP ERIC VANDERAERDEN of Belgium won the Tour of Ireland cycling race on Sunday, riding a hot streak to beat Charly Mottet of France by 46 seconds. Vanderaerden, who won the second, third and fourth stages of the five-day race, started the final day
      AP  -  160 words
Page thumbnail Page 17
  • COMPANIES & STOCK MARKETS
    • Article
      YTL Corp awarded M$l24m Hotel Istana contract
      363 17 MALAYSIAN construction group YTL Corporation Bhd has won a Msl24-million contract from Pernas OUE to build the superstructure of the 600-room Hotel Istana in Kuala Lumpur. The contract adds to the YTL group's already substantial holding of over Msl-billion worth of jobs. The
      363 words
    • Article
      Innovest wins Perak privatisation project
      482 17 INNOVEST BHD has clinched a joint-venture privatisation project in Perak which is expected to generate estimated revenue of approximately Ms3oo million over a 20-year concession period. The project was awarded by the Perak government to Innov-est-Lyonnaise Sdn Bhd. The joint-venture company is required to build,
      482 words
    • Article
      Roxy (M) goes deeper into the red
      380 17 HEAVY interest expenses dragged Roxy Electric Industries (M) Bhd deeper into the red in the first half of the year. In spite of a 59 per cent rise in group turnover to MJ27.24 million ($17.12 million), group after-tax loss increased by 53 per
      380 words
    • Article
      Hotel Properties holds 8pc stake in GB Holdings
      409 17  -  By MAGDALENE NG HOTEL PROPERTIES Ltd has become a substantial shareholder of GB Holdings with the purchase of 1-5 million shares at $2.50 each or $3.75 million from executive director and substantial shareholder Richard Loh last Wednesday. The sale amounted to a
      409 words
    • Article, Illustration
      Kim Hin Joo secures largest stake in Pacific Can
      504 17  -  By ELAINE KOH THE KIM HIN JOO group, owner of the Mothercare and Habitat franchises, has boosted its stake in Pacific Can Investment Holding to 22.96 per cent, making it the largest shareholder in the recently-restructured group. Kim Hin Joo Investment
      504 words
    • Article
      DIVIDENDS ANNOUNCED
      1087 17 Current Ex Book* Data Total tor Total tor payment data ctoaa payable tha year last year Asiatic Day 25%lt> Oct 5 Oct 19 Nov 18 25% 55% Austral Amal 20% Sep 22 Oct 6 Oct 31 40% 25% Avimo 10%TEID Oct 16 Oct 26 Nov 15 I0%TE 25%TE
      1,087 words
    • Article
      Lock icon Berjaya subsidiary plans M$45m beach-resort hotel in Mauritius
      374 17 MBT BERJAYA CORPORATION, through its new wholly-owned subsidiary Berjaya Hotels and Resort (Mauritius), is setting up a Ms4s million beach-resort hotel in Mauritius. The company announced over the weekend that the beach hotel will be located at Le Morne on the south-west
      MBT  -  374 words
    • Article
      Lock icon Cima shareholders advised not to accept UEM offer
      452 17 NST SHAREHOLDERS of Cement Industries of Malaysia Bhd (Cima) have been advised not to accept the takeover offer by United Engineers (M) Bhd (UEM) for the entire issued and paid-up capital of Cima. In a circular to shareholders. independent adviser Arab-Malaysian Merchant
      NST  -  452 words
    • Article
      LATEST
      365 17 KECK SENG (Malaysia) Bhd: Profit before extraordinary items s of M 57.82 million (M 53.98 lion) for six months ended June 30. EPS is 7.45 sen. Interim divi-,. dend of 5%. Recommended bonus issue of one new ordinary., share for every two shares held. SEA VIEW Hotel Ltd: Profit
      365 words
    • SES
      • Article, Illustration
        Profit-taking in the afternoon erases morning's gains
        1091 18  -  -By ABDUL HADHI SHARE PRICES ended on a mixed note on the Singapore stock exchange yesterday with profit-taking in the afternoon erasing the morning's gains. "Caution was the keyword in the absence of institutional buyers. Bargain-hunting in the morning, although encouraging, did not
        1,091 words
      • Article
        Unit trusts
        298 18 Managers' prices for Oct 3 Royal Trust Asset Mgt ST S'pore Gr Fund 0865 0925 RT Asio-Poc Gr Fund 1 125 1185 Singapore Unit Trust The Commerce 122 129 The Savings Fund 106 1.12 S'pore frog Fund 046 050* S'pore Sec Fund 0.76 0.81 S'pore ln»e«t Fund 081
        298 words
      • Article
        COMPANY MEETINGS
        70 18 EU VAN SANG HOLDINGS LIMITED: EGM at 65 Chulla Street. #47-01. OCBC Centre. Singapore 0104, tomorrow at 11am. BEDFORD BERHAD:AGM at the Registered Office ot the Company. 2nd Floor. Standard Chartered Bank Chambers, Lebuh Pantai, ***** Penang. tomorrow at 12.00 noon. THE BUKIT KATIL RUBBER ESTATES BERHD: 75th
        70 words
      • Article
        SES SHARE INFORMATION
        6567 18 AAA *6 T L** 1 Vol Day Last Quota Dlv Dlv rid Nat M Cao High Low Coda Company Sala or- (*000) High Low Buyar Seller C'vr PIE $mll SESDAQ vn mu Amtek Eng 20* 264 -2 21 266 264 263 265 12 ON 66 09 16
        6,567 words
    • KLSE
      • Article, Illustration
        Lock icon Prices ease on lack of support
        3685 19 Bernama PRICES finished generally easier on the Kuala Lumpur Stock Exchange yesterday as buying interest petered out. But the 30-counter New Straits Times Industrial Index rose 5.82 points to close at 2.551.82. Prices opened slightly firm on selective buying but sellers were seen trimming
        Bernama  -  3,685 words
    • REGIONAL MARKETS
      • Article
        Lock icon Japan's traders take riskier leasing route
        618 20 Reuter JAPAN'S major trading houses, fighting a losing battle with banks in the lucrative aircraft leasing business, are exploring a risky but rewarding niche in the market, industry officials and aviation analysts in Tokyo say. The trading houses are financing aircraft on operating leases,
        Reuter  -  618 words
      • Article
        Lock icon Manila market poised for fresh gains
        271 20 Reuter THE PHILIPPINE stockmarket, swiftly recovering from political jitters over the death of ex-president Ferdinand Marcos, is set to make fresh gains after riding out stiff competition from high interest rates. "There is more confidence now. More investors will be jumping in," said Villamor
        Reuter  -  271 words
      • Article, Illustration
        Lock icon Shares close mixed
        641 20 Tokyo Reuter SHARE PRICES rose at the start of the day to congratulate the ruling probusiness Liberal Democratic Party for winning Sunday's by-election, providing a breath of political stability, but then drifted down to close mixed yesterday, brokers said. "The market is getting tired out. Most of
        Reuter  -  641 words
      • Article, Illustration
        Lock icon Stocks end higher
        546 20 Sydney Reuter CONTINUED activity in the banking sector helped push the Australian share market to a higher close, but trade was lacklustre due to the Labour Day holiday. By late afternoon, the All Ordinaries Index was 8 points higher at 1,743.4. The All Industrials was 13.4 points
        Reuter  -  546 words
      • Article, Illustration
        Market loses ground in dull trade
        1351 20 Hongkong SHARE PRICES ended easier in dull trade yesterday as most players stsyed at the sidelines in the absence of clear direction, brokers said. The Hang Seng Index shed 11.55 points to 2,746.70 and the Hongkong Index fell 7.50 to 1,810.94. Turnover was a
        1,351 words
      • Article
        Lock icon Manila: Shares fall on jitters
        175 20 Reuter SHARE PRICES fell across the board yesterday as nervousness over the possible return of ousted president Ferdinand Marcos' remains swept the trading floor. The Manila Stock Exchange composite index fell 19.42 points to close at 1,126.48. The index dropped only 2.04 points on Friday,
        Reuter  -  175 words
      • Article
        Lock icon Taipei: Stocks tumble
        558 20 Reuter PESSIMISTIC Taiwan investors, shaken by government efforts to cool the market, yesterday sent the index plunging to finish below the 10,000-point mark for the first time since Sep 6. dealers said. The weighted index dropped 269 69 points, or 2.64 per cent, to close at 9,911.15
        Reuter  -  558 words
      • Article
        Lock icon Bangkok: Stocks close lower
        252 20 Reuter THAI STOCKS closed lower yesterday after early gains on new listings and smaller issues were wiped out by hectic latesession selling that underlined the current lack of investor confidence, brokers said. The SET Index fell 7.96 points to close at 681.53 in active trade. Losses
        Reuter  -  252 words
      • Article
        Lock icon New Zealand: Lower close
        104 20 Reuter NEW ZEALAND share prices closed lower in quiet trade prompted by a holiday in Sydney yesterday, brokers said. "Prices drifted off, rather than being sold off," one broker said. The Barclays Index fell 14.51 points to end at 2.271.54. "It could be a quiet week
        Reuter  -  104 words
      • Article
        Lock icon Jakarta: Index firms
        85 20 Reuter TURNOVER rose to 656.025 shares from Friday's 594,352 close while the index firmed 2.4 points to 451.31 on the Jakarta stock market yesterday. "The market is bullish," a broker said. "Many individual local investors are looking for shares. I think they will push the index up
        Reuter  -  85 words
      • Article
        Lock icon Taiwan's shipping giant to buy 24 US planes
        298 20 AFP EVERGREEN AIRWAYS Corp (EAC), Taiwan's first privately-owned international air carrier, is to pay more than US$3 billion for 24 planes from the United States. The planes will be useo on EAC's routes to Europe and the United States, which the company
        AFP  -  298 words
      • Article
        Lock icon CRA to develop gold mine in Papua New Guinea
        129 20 AFP PAPUA NEW Guinea has reached an agreement with Australian mining company CRA Ltd to develop a new gold mine at Mount Kare in the country's highlands. John Bartram. general manager of CRA's Mt Kare operation, said that production was expected
        AFP  -  129 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon McKinsey eyeing Saatchi & Saatchi-linked firm
        360 21 McKinsey eyeing Saatchi Saatchi-linked firm NYT IN A SIGN of the growing importance of information technology and systems-related expertise in general management consulting, McKinsey Co is seeking to buy Information Consulting Group, which was created last year by several high-ranking executives from Arthur Andersen and other top accounting firms. McKinsey,
        NYT  -  360 words
      • Article
        Lock icon Preussag plans to raise capital for purchase
        127 21 Reuter METALS AND COMMODITIES group Preussag AG said it is planning a capital rise to finance its purchase of state-owned Salzgitter AG but said details had not been decided. West German press reports yesterday said Preussag would pay more than two billion marks
        Reuter  -  127 words
      • Article
        Lock icon Eurotunnel costs revised up to £7b
        436 21 Reuter ANGLO-FRENCH consortium Eurotunnel SA now expects the Channel Tunnel project to cost about £7 billion, compared with an original estimate of £5 billion. Eurotunnel said in a statement it planned to raise about 75 per cent of any additional funding from a syndicate
        Reuter  -  436 words
      • Article
        Lock icon EUROEPAN MARKETS ROUNDUP
        532 21 Reuter AFP ZURICH: Swiss share prices opened mainly lower in lacklustre trading yesterday. Dealers said renewed concern over high interest rates depressed sentiment. The Swiss market index of leading shares opened 20.4 points lower at 1,776.4. Leu bearers held steady among otherwise slightly lower major banks. In
        Reuter; AFP  -  532 words
      • Article
        Selected indices
        109 21 HONGKONG Hongkong Index Monday 1,***** Fridoy 1.***** Wook ago 1.***** Hang Song Index Monday 2,744 70 Friday 2.758 25 Week <>8° 2.738 70 TOKYO Nikkei Average Wool ago 34,***** TOPIX Monday 2.703 58 Friday Woo* oflo 2.***** SYDNEY All Ordinaries Monday J-J* J fridOV 686 7 Woo* oflo
        109 words
      • Article
        Lock icon Insurer Pearl rejects Aussie group bid
        437 21 Reuter BRITISH insurer Pearl Group pic has rejected as "unacceptable and totally inadequate" the 605p per share offer made for it yesterday by Australian Mutual Provident Society (AMP). The cash offer, which values the group at £1.1 billion, failed to reflect the group's financial
        Reuter  -  437 words
      • Article
        Lock icon Mannesmann, Nixdorf deny report of bid plan
        246 21 Reuter STEEL AND ENGINEERING group Mannesmann AG and computer maker Nixdorf Computer AG have both rejected a weekend press report that Mannesmann planned to take over Nixdorf. "We were not aware that Nixdorf wanted anyone to take a stake in it," a Mannesmann
        Reuter  -  246 words
      • Article, Illustration
        Lock icon Hoylake, Axa devise new strategy to take over BAT
        489 21 AXA HAS JOB OF WINNING OVER STATE INSURANCE REGULATORS Reuter SIR JAMES Goldsmith and Axa Midi Assurances chairman Claude Bebear are mapping out a new joint strategy for pursuing US regulatory approvals of their allied campaign to acquire BAT Industries pic
        Reuter  -  489 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      36 17 Pictuie¥>ur Windows with Roller Shades Motorised Screens Blackout Shades Vertical Blinds Roman Blinds Bonded Shades <SkA4teilUdßoV LTD A Shod* Better Thon "Hie Reit #02-29 Singapore Shopping Centre 190, Ctemenceau Avenue. 5'0923. SSj5 TEL: 338-0956/453-6333. T <59-4668
      36 words
    • Advertisement
      Page 17 Advertisements Column 2
      267 17 Exclusively at The Hour Glass JBk FAR EAST- LEVINGSTON iDU SHIPBUILDING LTD PELS (incorporated m the Republic of Singapore) Notice of Important Dates OFFER FOR SALE BY BANKERS TRUST INTERNATIONAL (ASIA) LIMITED IN RESPECT OF 66,855,931 WARRANTS (EACH WARRANT ENTITLING THE HOLDER THEREOF TO SUBSCRIBE >>- FOR ONE NEW SHARE
      267 words
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      366 20 NOTICES IN THE MATTER OF THE COMPANIES ACT CHAPTER 80 AND IN THE MATTER OF LEONG ANNKEE COMPANY PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the company held at 447 Victoria Street Singapore 0719 on 29 September 1989 the following Special Resolutions were passed It
      366 words
    • Advertisement
      Page 20 Advertisements Column 2
      264 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF WOTEC (PRIVATE) LTD (Incoiporated In the Republic of Singapore) At an Extraordinary General Meeting of Members of Wotec (Private) Ltd duly convened and held at Tan Boon Llat Building, 315 Outram Road. #15-08, Singapore 0316 on
      264 words
    • Advertisement
      Page 20 Advertisements Column 3
      28 20 The Bombay stock exchange waa closed for a national holiday commemorating the birth of Mahatma Gandhi. The Seoul market waa cloaed for the Armed Forces Day public holiday.
      28 words
    • Advertisement
      Page 20 Advertisements Column 4
      9 20 Managers must manage. BT shows you how every Monday.
      9 words
  • Page 20 Miscellaneous
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      1252 21 fS 1 Ul Bank off America NATIONAL TRUST AND SAVINGS ASSOCIATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF OPERATIONS (US Dollar amounts in thousands) (US Dollar amounts in thousands) December 31 December 31 1988 1987 1988 1987 Assets 1. Operating Income Interest-Bearing Deposits 3,255,000 5,205,000 Interest and fee income
      1,252 words
Page thumbnail Page 22
  • Article, Illustration
    Lock icon Deregulate market, not break up NTT, says its president
    481 22 Reuter DEREGULATION of Japan s telecommunications market, not a break-up of Nippon Telegraph and Telephone Corp, is the best way to promote fair competition, says NTT president Haruo Yamaguchi. Earlier yesterday, Japan's Ministry of Posts and Telecommunications released a report saying
    Reuter  -  481 words
  • Article
    Lock icon Fujisankei takes 25pc stake in Virgin Music Group
    379 22 AFP THE JAPANESE media conglomerate Fujisankei Communications (FCG) has taken a 25.01 per cent stake in the Virgin Music Group, the private record company owned by British pop music and airline magnate Richard Branson, officials of the two companies said yesterday. "I'm
    AFP  -  379 words
  • Article
    Lock icon Japanese factory opens in KL
    137 22 AP MALAYSIAN Deputy Finance Minister Wan Abu Bakar yesterday formally opened a Ms 9 million Japanese factory making metal stamped parts for audio and video equipment. Ishii Sunrock Precision Industries Ltd actually began operations in April. Sales have been good and projected turnover for 1990
    AP  -  137 words
  • Article
    Lock icon Razaleigh will join Umno if the original party is revived
    287 22 Bernama GROUP of '46 leader Tengku Razaleigh Hamzah said that he and Datuk Rais Yatim were willing to join Malays in the United Malays National Organisation now if the original Umno was revived and the struggle being waged by the
    Bernama  -  287 words
  • Article
    PM motivated by desire to clear his name
    446 22  -  PM LEE'S LIBEL SUIT AGAINST FEER Lee urges Review to apologise By MARTIN SOONG VINDICATION, not revenge, said Prime Minister Lee Kuan Yew yesterday, drove him to sue the Far Eastern Economic Review. Yesterday, during his last minutes on the witness stand
    446 words
  • Article
    Lock icon Comex gold and silver
    89 22 Reuter COMEX gold futures were mixed in slow early activity yesterday as the US dollar slipped to morning lows after a round of concerted central bank intervention. Traders said overnight, the London markets were quiet and values moved within a US$lOO range. Spot October slipped US$O.2O
    Reuter  -  89 words
  • Article
    Lock icon Johor state mission attracts M$l93m worth of investments
    357 22 Bernama THE JOHOR state government's investment promotion mission to Europe has drawn commitments totalling Msl93 million from the Netherlands. France, Sweden and Finland. Johor's Chief Minister, Tan Sri Haji Muhyiddin Yassin said in Johor Baru yesterday that the investments. largely in high
    Bernama  -  357 words
  • Article
    Lock icon Haig: political, economic reforms inseparable
    171 22 Reuter FORMER US Secretary of State Alexander Haig told an audience of senior Chinese officials in Beijing yesterday that economic and political reforms were inseparable. Mr Haig is the bestknown American to pay a public visit to China since June 4, when troops crushed student-led
    Reuter  -  171 words
  • LATE FILE
    • Article
      Lock icon S Korea likely to join OECD
      28 22 Reuter SOUTH KOREA is likely to join the Paris-based Organisation for Economic Cooperation and Development, OECD secretary general JeanClaude Paye said. Reuter
      Reuter  -  28 words
    • Article
      Lock icon Tokyo land prices decline
      43 22 AP LAND prices in Tokyo's residential areas have fallen for the first time since the National Land Agency began compiling local prices in 1975, but real estate costs have been rising elsewhere in Japan, the agency said yesterday. AP
      AP  -  43 words
    • Article
      Lock icon MAS to fly to Vietnam
      59 22 Bernama MALAYSIA is expected to open scheduled air links with Vietnam later this year and has agreed in principle with Myanmar to start airline-to-airline joint operations, Transport Minister Datuk Dr Ling Liong Sik said in Kuala Lumpur yesterday. Malaysia Airlines and Burma Airways officials will
      Bernama  -  59 words
    • Article
      Lock icon Seoul blasts Pyongyang
      40 22 Reuter SOUTH KOREA accused North Korea yesterday of developing nuclear weapons and expanding military ties with the Soviet Union in preparation for taking the South by force. A Defence Ministry statement demanded Pyongyang immediately halt "war preparations".
      Reuter  -  40 words
    • Article
      Lock icon Bonn appeals to East Berlin
      33 22 AP THE WEST GERMAN government yesterday urged East Berlin to allow a second wave of East German refugees in Poland and Czechoslovakia to emigrate to the West. AP
      AP  -  33 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      28 22 BUSINESS TUB JmITZ Singapore Lenders Target the Consumer Upheaval in Helping Hongkong In the Spotlight: the legal workers make Bonvests Holdings, profession the big move C K Tang
      28 words
    • Advertisement
      Page 22 Advertisements Column 2
      434 22 Fsingapore institute of management^ Growing Your Business Profitably December 12,1989 Fee: Ss3Bo SIM members/Ss4so non-members Objectives: This one-day intensive seminar is designed for participants to learn how to increase the profitability of their business and for organisations to improve the bottom line by having managers understand the critical areas of
      434 words
Page thumbnail Page 23
  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Thio elected chairman of SAAA
        112 23 THE SINGAPORE Aircargo Agents Association has elected Mr Thio Tiong Wah as chairman at its eighteenth annual general meeting last month. Mr Thio is also the sales manager of Schenker Singapore. The deputy chairman is Mr Robert Lim from Aei Pandair while Mr S Jumari
        112 words
    • Article
      Lock icon Owners to sell MT Mariana
      59 23 Reuter ANAGEL-AMERICAN Shipholdings Ltd said its Solomon Gulf Navigation Co Ltd affiliate contracted to sell Solomon's MT Mariana //crude oil carrier for U5526.5 million. Anagel-American said its 50 per cent share of the sale proceeds to exceed U556.25 million. The transaction is expected to close
      Reuter  -  59 words
    • Article
      Lock icon Greek tanker held in Bangladesh
      143 23 AFP A GREEK oil tanker which has leaked thousands of gallons of crude oil into the Bay of Bengal will be detained in Bangladesh territorial waters pending the outcome of an investigation, officials said. They said the oil spill from the Greek-reg-istered MT Filothe was
      AFP  -  143 words
    • Article
      Conference on bulk cargoes
      81 23 A THREE-DAY conference, starting from Oct 17 in New Orleans, will discuss current issues relating to the trade, transportation and the handling of dry bulk cargoes. It is organised by the International Bulk Journal. The Rotterdam Municipal Port Management together with six Rotterdam port companies will
      81 words
    • Article
      PMA surprised by Japanese lines' reaction to new charges
      182 23 JAPANESE LINES had been unduly influenced by the "parochial" attitudes of their Australian agents, said the general manager of the Port of Melbourne Authority after a visit to Japan to "sell" the PMA's proposed new charging scheme. Some Japanese lines have
      182 words
    • Article
      Index to advertisers
      894 23 ABC Containerline XI 5 Accord Shpg VIII 3/4 Arrow Lines XI 5 ANl III 1/2 A PC line VII 5 API V 3-5 ASCI V I Austosia line VII I Bolt-Canada line IX 4/5 Bait-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bank line VII 5
      894 words
    • Article
      Lock icon HK customs seizes ivory from S'pore vessel
      181 23 AFP CUSTOMS OFFICERS seized 700 kg of illegally imported ivory found aboard a Singapore container vessel. Hongkong authorities said on Friday. Law Wing-yuk, commander of the Customs Containerised Cargo division, said the ivory was seized on Wednesday along with 20 kg of rhinoceros
      AFP  -  181 words
    • Article
      Latest directory published
      68 23 THE 1989 edition of the Directory of Certified Container Inspectors has been published The directory lists the names and addresses of the nearly 1,000 inspectors who have passed the Institute of International Container Lessors's container inspector's certification exam within the last five years. Included for the first
      68 words
    • Article
      Malaysia LNG to charter Nigerian tanker
      330 23  -  By ZULKIFLI ALWI MALAYSIA LNG (MLNG) is chartering an LNG tanker from Nigeria's state-owned LNG corporation to ship liquefied natural gas to buyers in South Korea and Japan. The tanker with a capacity of 130,000 cubic metres is to transport an additional 1.5 million
      330 words
    • Article
      Anera to increase shipment rates to US by US$300
      673 23  -  NEW RATES WITH EFFECT MARCH 1, 1990 By LINDA CHEE Shipping Correspondent ANOTHER ROUND of rate increases is in line for shipments to the United States, this time by the Asia North America Eastbound Rate Agreement (Anera). Its eight members have
      673 words
    • Article
      Privatisation of PPA to fashion after Penang
      230 23  -  By Al O LABITA, Jr THE PRIVATISATION of the Philippine Ports Authority (PPA) is patterned after that of Penang, Malaysia, said PPA general manager Rogelio Dayan recently. Mr Dayan made the statement in a briefing (or a five-man delegation from the Penang Port
      230 words
    • Article
      IMO anti-pollution measures
      53 23 THE INTERNATIONAL Maritime Organisation will implement new an-ti-pollution measures to improve preventive measures for and response to major pollution incidents. The new measures, vouched by leading industrial countries, will also tighten enforcement of existing rules. Two resolutions will be put to the next IMO assembly to be
      53 words
    • Article, Illustration
      Bullish about Asian shiprepairers
      2306 24  -  This article is an extract of a presentation by Sembawang Shipyard managing director Tan Mong Seng at the recent Asian Shipbuilding in the 1990s conference in Busan, Korea. In his paper, Mr Tan says in shiprepairing, the West has lost ground to the East and is
      2,306 words
    • Article, Illustration
      People in Shipping
      322 24 DANIEL LOW WEI MENG has been appointed general manager of Everstar Shipping, the new general agents in Singapore for DSR Lines, with effect from Oct 1. ANDREW TAN CHIN TECK will be marketing manager at Everstar from the same date. Both of them have been working with
      322 words
    • Article
      Lock icon Tanker rates
      254 24 AFP ALTHOUGH demand for VLCC (200,000 tonne plus) carriers in the important Gulf States loading zone has been reasonably healthy, the continuing surfeit of available vessels has precluded any significant improvement in rates, London shipbrokers E A Gibson said here on Friday. Gibson said the Opec decision to
      AFP  -  254 words
    • Article
      Container schedules/Ships in port
      2220 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalnar Schedules Blk Op Gdn Date/Time Time From Tlma To Booking Gata Alaska M 06:495 0510 89 2100 03(1000 00/10*5 Doc I. 2 F3 00 K» 04 0000 044)045 NA 2 An AdauxM ***** 0510
      2,220 words
    • Article
      New classification rules for submarine pipelines
      237 25 LLOYD'S REGISTER'S Offshore Division has developed new classification rules for submarine pipelines and risers which have been used for the first time in Egypt. Intended primarily for oil and gas pipelines, they are also appropriate for pipelines which carry a variety of fluids under
      237 words
    • Article
      London Freights
      719 25 GRAIN freight rates for US loaders were mixed and confused on Friday although the consensus appeared to be that while rates are tending easier for fairly prompt business they are likely to stabilise further forward into next month, brokers said. There was still speculation over exact rate levels
      719 words
    • Article
      Shipping events
      365 32 Oct 5-6 Symposium on maritime Joint ventures, Hotel Meredlen, Singapore. Organised by the Paris-based International Chamber of Commerce. For details call the Singapore Federation of Chambers of Commerce 6 Industry, tel: *****61. Oct 8-20 Management of shipping costs and revenues with computer applications; two-week Drewry Shipping Consultants course,
      365 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      35 23 IQIJI A lively KSnsoß SBhSSBB way with MS words M Available at all good bookshops ZmSjjSSSm Fed#fal PuWtcatlons For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      35 words
    • Advertisement
      Page 23 Advertisements Column 2
      20 23 Lines and services represented by Members of the Registry o» Accredited ftfc&kV] Shipping Agents, Singapore National K-MSr'Jtzl Shipping Association. VvfIBRPT//
      20 words
    • Advertisement
      Page 23 Advertisements Column 3
      207 23 'The Illustrated Encyclopedia of Wildlife" VfKHfMHBk. fortnightly at all good bookshops nrrcs-sfdndsj BTP DMributws INSIDE Bullish about shlprepairers At the recent Asian Shipbuilding in the 1990s conference in Busan, Korea, Sembawang Shipyard managing director Tan Mong Seng said in shiprepairing, the West has lost ground to the East and is
      207 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      2013 25 \lllf/ 200 Cantonment Road #12-05 Southpomt. S.ngapofe 0208 Tel *****11 TELEX NO RS ***** A. IFCOSOIVI TERMINAL,CfS Tel *****18 220 I CCCmJ I BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPING AGENCIU SOW BHD. t i, TORT KELAN6 TEL: *****18 Tele« Na MA3^77/MAM7OI D.-tlicoktl k, Cjwolity SJ WWW VEsm/VQVAg lm cm
      2,013 words
    • Advertisement
      Page 25 Advertisements Column 2
      2161 25 Veeeei I ETA I ETD 'Port 'Panang I aimnw Kalang DESTINATIONS I'* B k L da M Clo,l "< T*" Fsadar by i^H——P—l cy «no 2*» MRS M Kotw a CfS o*lo 1300 MRS M Tauro OAK LOB HOU MEM ATI MIA CMS BAL PHL NYC MOM TOR £2 !£!2
      2,161 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1185 26 ROTTERDAM/! VOY NO S PORE P. KELANO SOUTHAMPTON HAMBURG BR6MERHAVEN ANTWERP LE HAVRE TOLA OA BAY 08/504 4/10 8/10 24/10 28/10 26/10 29/10 TOKYO BAY 94/87® 8/10 30/10 24/10 28/10 23/10 29M0 HEID€LBERQ EXPRESS 03/898 11/10 13/10 31/10 2/11 4/11 8/11 KOWLOON BAY 93/501 12/10 7/11 31/10 3/11 3WIO 6/]]
      1,185 words
    • Advertisement
      Page 26 Advertisements Column 2
      530 26 WOW TH 800 WD TO UKC SPORE ROM/ADAM HBC HULL (U.K.) WO Wl 1301 17/11 IVYBANK V-2SN tyll 4/12 M 2 1302 TAUSALA SAMOA Vl6* j/12 5/1 10/1 14/1 •AI«o Acca*Ung FCL to I SOUTHBOUND TO PAPUA NEW GUINEA~I (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE I MORAY BANK VIS U/H Pwt
      530 words
    • Advertisement
      Page 26 Advertisements Column 3
      1067 26 E3 l«BA«l£ REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE, VSL/VOY SIN PRS ALG BCL FEL HAM BRE ROT ANT LHA EaST"" Is i li if i II I j| NORASIA SHARJAH 8531-3 27,10 li'll 18/11 20.11 25A g}{ NORASIA MUBARAK W2-3 ALSO ACCEPTING CARGO TO ALL U.K. DESTINATIONS, SCANDINAVIAN
      1,067 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      1428 27 S/g Steamers Maritime Holdings Ltd I W* P&O I PHV STRAITS SHIPPING WSk Containers MJw rnn 1 nrn irvq rtMrta un rou»* mt wit m* w w «v aw an acopts cargo out sails mum ones* UM X 2 2£ 2E 22! 2E STRAITS VWTURfVMi MMn.Uk.KK 03-05 Oct Oct Oct
      1,428 words
    • Advertisement
      Page 27 Advertisements Column 2
      1463 27 TO: EUROPE TQ; FAR EAST SP LH ROM NAM BRE FU SPCtft HK KAO BU NANJIN TONCHAE OW V/tt HflO 20/10 27/10 2*lo HANJIN HASAN OME OflO IP 12/11 11/11 HANJIN ROTTERDAM MR 14/ li O/ll fi/11 t3/U ff/U RfU NANJIN LEHAVRE OKE li/li li/lt am X/lt CHOYANC CHANCE 044W
      1,463 words
    • Advertisement
      Page 27 Advertisements Column 3
      320 27 > fTnTlrfTi i/rallTfffc!! HOCNIMINH VIETNAM 1 i < > ETA SPORE 6/10/89 t ETA HOCHIMINH 8/10/89 I M.V. "SEA LARK" Voy 24 j fi 1 i I IMLintermaritime I SOUTHERN AFRICA SERVICE DIRECT MOMTHLV BAMJNQB KK SPORE PK DSN CT AOAMASTOS W SM SM SM VM 11/10 WIT IWIO 27/10
      320 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      787 28 i i ■■■■■■■■■MMfBfWBPMPMI (UftMMißMßilffiM aSiAMmviq I IRAN NOLAD PJL TU «0d"" BANDAR ANAS I IRAN TTYfOURI PJL 78 M Oct BANDAR AIMS J OUAM/IAIPAN DIRECT SERVICE (■/BULK COHTAMCR) ETA SPORE GUAM SAIPAN EACLE V 7 SID I OCT OCT SPARKLE W O OCT NOV S NOV IHCRONCSIA PORTS DIRECT CALLS
      787 words
    • Advertisement
      Page 28 Advertisements Column 2
      784 28 (ft HAN JIN SHIPPING Xy FULL CONTAINER SERVICE HMumtomhml ''vSIaS™Sm !w* BT ST S HANJIN ROTTEROAM MOOT 14/Hl/U 2/11 VII VU W SS S! CHOYANG CHANCE 044W 21/10 1/11 *11 Mfll Hfll IW WOyahg PA«« M M>» MOWO 0« *11 WU HANJIN U HAVRE 004W Vll 22/11 23/11 24/11 21/11
      784 words
    • Advertisement
      Page 28 Advertisements Column 3
      1281 28 A■ i■ Hj 1 1 I II r jj» g| a |&jjjjjg*j|j jjjjj f* I ALSO ACCfFTIMG CAMO TO- I I U S2* Moacinm. MnuiTtMTo WHm I I 0 ATLANTA, CHKAfIO, MIMI, COIiNMUS |MM MM HMMM RBTMTMM I 5 II ||Si| I AUO ACCtFTIM LCUfCL FCUFCL TO: I I M
      1,281 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1112 29 PACIFIC INTERNATIONAL LINES (PTE) LTD J J PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 I FAR EAST I mm VOY SM act my VOY «m mm mo ku vok m mm mm MAI OUANQ 17M 9M M hH 1M 9/19 11/19 19/19 19/19 majapahtt mm 14/19 14/19
      1,112 words
    • Advertisement
      Page 29 Advertisements Column 2
      195 29 I JOHfln SHI?P#ijQ SOW BHD |vtsstL m. |pcp jaw l*uc Inua Im Ism I tan law joma* vumi in w w um um johan iii ram mm aps mm am am w vu JOHAH II WMffl VM7/MWM- IW W» m» W ACCEPTING FCL/LCL REEFERS. HEAVY LIFT UP TO 71 TOW
      195 words
    • Advertisement
      Page 29 Advertisements Column 3
      615 29 J-fOM r UAM tTM MMI riIAWN tOM NAVtH I I**?*? V"V* MM Ml «M on w* I I**!"-*** *a in m im Bd am 1 hmb|(wm IV* urn mu vu vu vu vu I NMtax toy l»a W OA HI VII I ama* km un* i*» j/u tru ivu uru
      615 words
    • Advertisement
      Page 29 Advertisements Column 4
      384 29 DJABAGETRI A Joint Eur op* Service Of: F.T. BJMUUTTA LLOYB P.T. 6ESURI LLOYD r x vmmu wmmbu n. rmm lloyi VSLVOT SPORE ANTWERP M BURC. ROAM/AOAM BRUKN SftINUAYA/ZTVB IUU/M I 1/11 11/11 (ACCEPTING CONVENTIONAL AW CONTAINERISED CARGO) KUTAi/iMt Is-a/a I a/ii vm (ACCEPTING CONVENTIONAL ANO CONTAINOtStD CARGO) Sut>|acl to Inducomont
      384 words
    • Advertisement
      Page 29 Advertisements Column 5
      488 29 test MYANMA IWSi FIVE STAR UNE (Burmese National Line) Loading for Yangan (Rangoon) Sport P.Kolang Ponong Banakok HRA-AN VMM in Oct 2J3 Oct PAGAN VMM flu oa Ufa Oct Z HPA-ANVI4SN Z Z VSA THE BANK UNE NORTHBOUNO TO UKC SPOKE ROAM HMBG HULL FORTH BANK V2SN 13/10 Vll 13/11
      488 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1263 30 I HJifflJl voy •inoo *pk/png [sop lb chls nfk nyc mfx OOCL FREEDOM 27 2AO 3/10 5/10 21/10 7/U 9/11 11/11 15/11 OOCL FAITH 16 9/10 10|10 12/10 4/11 14/11 1601 11/U 2201 OOCL FRIENDSHIP 16 16/10 17/10 19/10 11/11 21/11 23/11 25/11 29/11 NEPTUNE JADE 21 23/10 24/10 [26,10
      1,263 words
    • Advertisement
      Page 30 Advertisements Column 2
      676 30 EXPRESS CONTAINER SERVICE Ercepllng FCL/FCL Continue MWm Prn| Ladmi tor ■Mw Vri Fmh. Bf Fad. KAIIOAS *45 is Oct Oct I Oct Ffwn/IMb/Sy*vA« TULSIDAS *44 »Oct 24 Oct 24 Oct Frw*M*S*4AM HALIOAS V« X9m 24 Ita* MNw Frw4N*/Sv*«AM TULSIOAS *45 Ilk tOk tOk FnMM/Sy*/A*l Tramt fan* hwK Mourn* 11 ten
      676 words
    • Advertisement
      Page 30 Advertisements Column 3
      527 30 "ASTSI GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD S -i\ 2) T*to» Af*f Street V SINCAPORf 0104 TtL 4343*1 (10 LIWCS) Fj. U4»M iSSVESVLSggZ* 0& I"** ana Oct •Ai TUN SMAN Sfta#«/Fii*Ki In Nrt 6UAI* SMUt Hia—flßatgw II Oct PUIHA nrc4ii cu iaoiu —rtNT W THE PEOPLE'S REPUBLIC OF CHINA
      527 words
    • Advertisement
      Page 30 Advertisements Column 4
      710 30 IflgESSHßffl I MMU EMT/FM EAST Fa tLa OIR I VESSEL ETA SINGAPORE DESTINATION ITM MO. mvk m* OUtAI, OAMMM. KUWAIT, OOMA.auaCAT.MMAM I ABU DMAS! iMAAiAA TIN V* U/M JCBOAM (TLCLJ MEEKLY I AQAIA. NOOtIOAM > ITS* 4M U/M NJUMC, KOOL TOKYO KEELIMC, BANGKOK. |tS V*. UM COLOOMO, KARACM. BOMAT. B
      710 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1469 31 Agents S pore NEPTUNE MONKS PTE. LTD. *4 ~~7 NEPltff SON BM) Ganaral Bookine Bookings Inward/ Ttrmirwl CFS W ST W u K? SB? mm |l|tf I »p JST sr* u *****19 *****16 23»*1 I *****11 *****48 \t*=r- iTOSpR^-CTUviAsiMr^^^^^^^raoincKoraniKtviAsiiEa^^^^^^ Dn» VBL/VOT PIN KG SGP MOTH at VBL/VOY 9GP LBH PLX
      1,469 words
    • Advertisement
      Page 31 Advertisements Column 2
      1023 31 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** HMWt KELANC y*™ RAMOLWC SYSTEM CO SON. Mi mob eJilvTSr S 8 M Cuny*. Port Ktlanfc
      1,023 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      703 32 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT I ROM I HBG I RST N. CCOCUKI VSM UflT illll 2111 tiu vu w t THAOJUNnUi" 11/10 2/U~ 11/11 11/11 13A1 1«/U RUCKLAMO VI/BI HM U|U M|U M|U W1 «1 ULMICNT
      703 words
    • Advertisement
      Page 32 Advertisements Column 2
      309 32 fea SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONGKONG/TAIWAN/JAPAN M/V ANDROMEDA STAR VOY 4 VOY S VOY B PORT KLANG 30/07 29/08 07/10 HONG KONG 05/08 14/09 13/10 KAOHSIUNG 07/08 15/09 15/10 SAKAIMINATO 11/08 19/09 19/10 TOMAKOMAI 14/08 22/09 22/10 SHIBUSHI 10/08 18/09 18/10 MANILA FULL CONTAINER SERVICE VESSEL I VOY
      309 words
    • Advertisement
      Page 32 Advertisements Column 3
      179 32 jugoumja) VtSMI STOtl PK PWC KL LOAWWC TOO PttMOMJC 16 OCT It OCT 71 OCT 23 OCT Mm** tarut/Tn**. Mm, r. S•* LjmmL Uttitu, Own, istmM KM M OCT 17 OCT 19 OCT 21 OCT tar. Kopw ftipu. Tnafc. On LIKA I 5 NOV I NOV 10 NOV 12 NOV
      179 words
    • Advertisement
      Page 32 Advertisements Column 4
      994 32 /ssapjjMH ASEAN PORTS BANGKOK sailings a week Nflow Hock Agency Co Ltd BKK (Tel: *****80) vessel Ivor wmnm mmm PITA MM! IXW Tin yu~ fri l/M jenlink usw n> v»_ s*» yn THANA HUM C4N M l/M Wm yn ■PAW* PACIFIC WW fcr W THr U/M HYA W4UW BBj Tm
      994 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      149 32 iooi] tweJ 2 jh> Regional Weather] \J y—ios x s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. OCT 3. 1989 LEGEND R Thund.rs.cm Q X\ X Wcattw Wind (VecTion with speed *1 knot* Rom Wov* he.ghi Cloudy Sky Sur+tK# winds or* mdwatad by O'rowl wfcidi My with th* wind
      149 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      957 33 I VESSEL VOY SINGAPORE KHORFAKKAN KARACHI* LANKA SIRI 128W 09/10 1 LANKA AJITHA 43W 10/10 22/10 24/10 I LANKA SRI MANI 71W 20/10 30/10 I LANKA SIRI 129W 22/10 I LANKA ATHULA SOW 30/10 09/11 11/11 I ALSO ACCEPTING CARGO (FCULCL) FOR:- I A) IdlK POHI3 I MADRAS TUTICORIN COCHIN
      957 words
    • Advertisement
      Page 33 Advertisements Column 2
      347 33 vmrm uk (National Lint of Ethiopia) ACCEPTING FCL AND CONVENTIONAL P€Nf**Q ETA LOMXNQ K* tPOMC NETSAMCT 14/10 OARCSSALAAM. MOMBASA. OMOUTI VOY: 1 «WB ASSAB. MASSAWA. HOOEDAH MV ANOMET 31/10 QAftESSALAAM. MOMBASA. OJWOUTI VOY 17*B ASBAB. MASSAWA. HOOESAH ABBAY WONZ 23/12 DAOCSSALAAM. MOMBASA. QJBOUD w 22W8 ASSAB. MASSAWA. MOOCIOAH Othor ports
      347 words
    • Advertisement
      Page 33 Advertisements Column 3
      1086 33 < m > CRYSTAL FREIGHT > ura SERVICES PTE LTD TEL: *****M/*****22 HONGKONG/ CHINA »/10 ft 14/10 BANGKOK 0/10 ft 11/10 P. KELANG/PENANG 0/10 ft 13/10 BUBAN 8/10 ft 10/10 KEELUNG/KAOHBIUNG t/10 ft 18/10 MANILA 0/10 ft 10/10 JAKARTA 7/10 ft 14/10 SYDNEY/MELBOURNE 12/10 ft 27/10 FREMANTLE 10/10 ft 1/11
      1,086 words
    • Advertisement
      Page 33 Advertisements Column 4
      379 33 BAY OF BENGAL SERVICES kss&s nt m m ut m SUSAK ON 6/10 13/10 CALABAR 77CNB 8.10 16/10 LEUVE 9112 1410 19/10 23/10 B. ANDREEV 14C1W 14 10 20/10 TIGER BAY S3N 1510 22/10 CALABAR 7SCNB 22 10 30/10 SUSAK MN 20/10 27/10 LEUVE 9113 30/10 4/11 1/11 VIETNAM SERVICES
      379 words
    • Advertisement
      Page 33 Advertisements Column 5
      183 33 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ANTWERPEN V.233 ETA 8/10/89 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN |<W Hf» |n» I Hi |*m Ifwflhr lII* t'pT» AWTWPtPtW 3U» »1 11J» Iff llff m »ao TXT
      183 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1113 34 A HYUNDAI HffiffiHl MERCHANT MARINE CO, LTD. EA3TBOUND TO USA WESTBOUND FROM USA :TO PSW SIN HKC LBH OAK SEA FROM PSW LM OAK SEA HKG SIN HYUNOAI INNOVATOR 27E 00/10 12/10 3*lo (B/ll OS/11 LALAND4A 2SW OS/BO 00/09 1<V0» 2MM 05/10 HYUNDAI EXPLORER 20E 13/10 19/10 00/11 o*ll 12/11
      1,113 words
    • Advertisement
      Page 34 Advertisements Column 2
      905 34 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG t/10 A 13/10 MANILA 3/10 A 100 PCNANC WlO i 1110 BUSAN VlO 4 L2/1C BANGKOK 300 4 6.10 TOKYO 3/10 ft MA* HONG KONG 700 ft 12/10 KOBE J/10 ft
      905 words
    • Advertisement
      Page 34 Advertisements Column 3
      650 34 our new usa |Fm«v tna |Vqr PM IfKL IfeHvlM |Vqr SM I LAX I OA* |NOU I DM. |CM/ |NM In |«TC ||SERVICE CALLS I I 1 I I COL I I I II QIWfiApnRF bimga butam vjm —an mumm rwtum vaoi am [am |vu|uii|tru]iru|vu|«u|| amm aUTAM6 YJM —MO AUICATOa
      650 words