The Business Times, 4 October 1989

Microfilm: NL16819
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, OCTOBER 4, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    234 1 Dow up US STOCK prices remained firm in quiet late morning trading yesterday. Buying in selected blue chips helped sustain the market. The Dow rose about 15 to 2,728. Gainers led losers seven to four. Reuter Footsie up LONDON share prices were higher at midday yesterday, boosted
    234 words
  • Article, Illustration
    Japanese stocks fall sharply, other regional markets close higher
    203 1 REGIONAL STOCK markets traded higher yesterday except for Japan where the dollar's rebound against the yen unsettled investors. A flood of sell orders from investment trusts redeeming funds for clients pushed the Nikkei Stock Average 256.60 points, or 0.72 per cent
    203 words
  • Article
    Intervention fails to stop dollar's surge
    126 1 THE US DOLLAR ended higher against major currencies in Asia's foreign exchanges yesterday in spite of repeated central bank intervention. Dealers in Tokyo said the Bank of Japan (BOJ) sold dollars intermittently during the day to cap the greenback's upward momentum. But the BOJ's
    126 words
  • Article
    C K Tang goes into fashion retailing in Malaysia
    564 1  -  COMPANY TEAMS UP WITH COLD STORAGE (M) By SUZANNE SOH LISTED LOCAL retailer C K Tang and Cold Storage (Malaysia) Bhd have teamed up to venture into fashion retailing in Malaysia. C K Tang will act as project consultant for the
    564 words
  • Article
    IPOs expected to source record $4.6b of goods and services
    372 1  -  By GENEVIEVE CUA INTERNATIONAL procurement offices (IPOs) based in Singapore are expected to source a record $4.6 billion worth of parts, components and services from the region this year. The amount is almost 40 per cent more than the high
    372 words
  • Article
    Canada looking to Pacific region for future growth
    162 1 CANADA enjoys many advantages, natural and human, but an aggressive, globally competitive business world has not been among the most visual of those advantages The security of the vast, rich North American market has tended to blunt the competitive instincts of many
    162 words
  • Article
    Lock icon Report shows US industrial slowdown continuing
    413 1 NYT THE NATIONAL ASSOCIATION of Purchasing Managers' index of economic activity showed a continuing slowing in the US manufacturing sector in September. The September report, which was released on Monday, was the fifth consecutive monthly report that showed a weakening in manufacturing. However, the
    NYT  -  413 words
  • Article
    Lock icon Australia to sell sugar to Soviet Union
    144 1 AFP AUSTRALIA has sealed a long-term deal to sell sugar to the Soviet Union, the Queensland Sugar Board said in Brisbane yesterday. Chief executive David Rutledge said that the board had won a five-year contract to supply a total of 1.5 million tonnes
    AFP  -  144 words
  • Article, Illustration
    SocGen puts Changi Meridien up for tender with $56m floor price
    543 1  -  By ELAINE KOH THE CHANGI MERIDIEN, owned by Indonesian hotelier Hendra Rahardja, is being put up for sale by tender by mortgagee bank Societe Generate, with an asking price of at least $56 million. This is the third and
    543 words
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      Page 1 Advertisements Column 1
      88 1 Measured for success| A success story fabricated from Wain Shiell, Dormcuil, Scabal and Ermenegildo Zegna. Tailored by Melwani. r melvx/ani wmm THE MENS FASHION STOKE (M /*^H JiJ;' v > Full report, PAGE 24 Regional markets, PAGE 26 Hock Lock Slew, PAGE 23 la collection VanGeef&Arpels Paris SPORT "2" Authorised
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      Page 1 Advertisements Column 2
      253 1 Tan family sells Tan Chong shares THE TAN FAMILY of Tan Chong Motor Holdings has placed out 40 million shares in London. Who bought the shares? Which broking house executed the transaction? Why were the shares sold in London? Do the Tans remain the largest shareholder in the company? Find
      253 words
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      Page 1 Advertisements Column 3
      198 1 r~a^qn A BT special supplement No way but up for tho procurement Industry, PAGE 16 Buying skills vital to Arms' game plan, PAGE 17 Relying on Innovative products, PAGE 19 French optical group sets up purchasing company, PAGE 2 PENTAX With the most advanced pair of auto focus zoom cameras.
      198 words
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      Page 1 Advertisements Column 4
      25 1 jl Measured for success A success story fabricated from Wain Shiell, Dormeuil, Scabal and Ermenegildo Zegna. Tailored by Melwani. MELWANI U)3 MEN'S FASHION STOKt m
      25 words
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  • HOME NEWS
    • Article, Illustration
      Senior executives urged to speak more Mandarin
      516 2  -  PRIME MINISTER OPENS 'PROMOTE THE USE OF MANDARIN' CAMPAIGN By TAN KEE WEE AFTER a successful decade of encouraging Chinese Singaporeans to speak more Mandarin instead of dialects, the next big step forward in the campaign will be for more senior executives to
      516 words
    • Article
      Rise in use of Mandarin at home
      353 2 FROM BEING the most widelyused medium of communication in 1980, dialects have declined in 1989 to become one of the least used. At least, as far as Primary One Chinese students at home are concerned. At the same time, the use of English
      353 words
    • Article
      Shell appoints petrochemical corporation representative
      375 2 FOR THE FIRST TIME in its fiveyear history, the Petrochemical Corporation of Singapore (PCS), will have as its deputy managing director a non-Singaporean. Leo C van Kooten, a Shell executive, was named yesterday to fill the position vacated earlier this year by Dr Han Cheng
      375 words
    • Article
      Diesel price up
      57 2 DIESEL became more expensive last night at most petrol stations. Four major petrol companies Shell, BP. Caltex and Mobil raised the price of diesel from 42.90 cents per litre to 44.60 cents per litre. The only other major oil company that has not adjusted prices is Esso
      57 words
    • Article, Illustration
      French optical group sets up purchasing company
      422 2  -  By SUZANNE SOH FRENCH-LISTED company Essilor, which already has a stake in local optical products manufacturer Hilite, is investing further in Singapore with a purchasing and technical company. The French optical group plans to use the Republic as a base for production, sourcing,
      422 words
    • Article
      Pakistani embassy in Singapore becomes High Commission again
      290 2  -  By JOHN THOMAS PAKISTAN'S diplomatic mission in Singapore has become a high commission again this week in a change of name brought about by Islamabad's return to the membership of the Commonwealth this month after 17 years. "The change is with immediate
      290 words
    • Article
      Taiwan team seeks joint ventures
      304 2 A GROUP of Taiwanese mould makers is in Singapore to look for joint ventures with local companies as well as to exchange technical expertise. Together with the local small- and medium-sized enterprises in the tool and die industry, the 30 SMEs from the Taiwan Association
      304 words
    • Article, Illustration
      Tourist board makes two new senior appointments
      173 2 THE SINGAPORE Tourist Promotion Board has announced new appointments to two senior positions, coinciding with the arrival of a new executive director to the board. Mrs Chia-Lim Kay Keng, the current director of conventions. will become director of administration Replacing her will be
      173 words
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      163 2 <m MANDARIN ORIENTAL JAKARTA Lay back and stretch right out in a bathrooms have a full sized tub to soak sumptuous room. Forget the day even existed. the day away. And of course, our more than Forget the noise and hustle and bustle outside. attentive staff will always be there
      163 words
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      Page 2 Advertisements Column 2
      7 2 Inpro *89 a BT supplement PAGES 16-19
      7 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      189 2 > and waathm foracaat city Max/ Note OUTLOOK: Shower* Mln over several area* In (•C) Vm morning. Report for 24 hours prior Aberdeen 17/10 Sunny to 7.30pm on Oct 3at Itw Amsterdam 18/09 Sunny airport: Athens 25/14 Sunny Mm *1.1 Auckland 20/14 Showers Assoc humidity.......... M Bangkok 34/26 Shown I
      189 words
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  • FOREIGN NEWS
    • Article, Illustration
      Japanese telecom firms fear threat from group to block access to EC
      460 3 JAPANESE telecommunication equipment makers fear they may not get free access to the single European Community (EC) market after 1992, following a statement last week by the chairman of a group of 12 European telecom firms, Japanese industry
      460 words
    • Article
      Lock icon European move to boost TV programme output
      313 3 Reuter TWENTY-SIX West and East European states have set up a "Eureka" cooperation scheme to bolster homegrown television programmes against Japanese and American imports, but the project can expect very modest initial funding. "Audiovisual Eureka", announced at the end of a three-day conference
      Reuter  -  313 words
    • Article
      Lock icon Airlines join forces in anticipation of 1992
      296 3 Reuter AS EUROPEAN AIRLINES join forces to survive tougher competition after 1992, the European Community is anxious to secure cheaper fares and more choice for travellers. In the past month, Air France and West Germany's Lufthansa have concluded a broad cooperation pact while
      Reuter  -  296 words
    • Article, Illustration
      Lock icon Commissioner urges UK backing for VAT plan
      369 3 Reuter EUROPEAN COMMISSION VicePresident Leon Brittan is urging the UK to work quickly towards a European Community agreement on minimum rates of value added tax (VAT) fpr most goods throughout Europe. EC finance ministers will examine proposals for indirect taxation on Oct 9
      Reuter  -  369 words
    • Article
      Lock icon KL eases curbs on vehicle industry
      405 3 GOVERNMENT STUDYING INCENTIVES FOR MOTORCYCLE SECTOR Agencies THE MALAYSIAN Trade and Industry Ministry announced on Monday that several restrictions imposed on the motor vehicle industry have been lifted. Trade and Industry Minister Oatuk Seri Paduka Rafidah Aziz said in a written statement that the
      Agencies  -  405 words
    • Article, Illustration
      Lock icon Shevardnadze calls for 'new deal' to avert world disaster
      280 4 AFP SOVIET FOREIGN MINISTER Eduard Shevardnadze has called for a "new deal" to draw developing countries into the technological revolution and avoid a world economic disaster. "We could one day begin competing not for political supremacy or spheres of influence but
      AFP  -  280 words
    • Article
      Lock icon Greater Asean-Japan trade urged
      347 4 Tokyo asked to open up market, increase investments and aid AFP ASEAN asked Japan yesterday for greater access to its market and for more investment and development assistance to the region. Asean representatives also wanted Japanese companies to relocate factories in the region, said Solita Aguirre,
      AFP  -  347 words
    • Article
      Lock icon HK financial secretary says brain drain a cause for concern but not panic
      358 4 Reuter THE "BRAIN DRAIN" from Hongkong since the June 4 killings in Beijing's Tiananmen Square "is cause for concern, but not panic", the British colony's Financial Secretary Sir Piers Jacobs said in a speech in New York
      Reuter  -  358 words
    • Article, Illustration
      Lock icon China's relations with US at a crossroads
      297 4 NYT THE Chinese foreign minister said on Monday that his country's relations with the United States were "at a crossroads." He said relations could improve if America accepted the premise that China has a different political system that should not be criticised. Addressing
      NYT  -  297 words
    • Article
      Lock icon Beijing willing to expand economic cooperation
      247 4 AP IDEOLOGICAL DIFFERENCES would not hinder economic cooperation between China and foreign countries as it was willing to expand overseas cooperation, Premier Li Peng said on Monday. The official New China News Agency (NCNA) quoted Mr Li as saying that no matter what disturbances
      AP  -  247 words
    • Article
      Lock icon US considers letting Manila use aid funds to bolster security
      327 4 Reuter US VICE-PRESIDENT Dan Quayle said th« Bush administration was considering asking Congress to let the Philippine government use some of the US aid it receives to bolster internal security. Declaring that Manila's ability to guard against terrorist attack was
      Reuter  -  327 words
    • Article
      US to continue Hanoi policy despite Cambodia pullout
      320 4 THE UNITED STATES continues to seek the diplomatic and economic isolation of Vietnam despite the withdrawal of Vietnamese troops from Cambodia, a senior State Department official said on Monday. "I think the policy that we have pursued for 10 years, frankly, remains
      320 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1023 4 ARRIVALS Operator S*rvfc« numb*r Local tim* From MAS MH627 0005 KUL StA soon 0040 LAX/NtT UAL UA805 0055 SFO/HKG CAl 0333 0315 TPC SA SO 801 0410 AKL SU SQ802 0420 AJCL/SYD 9A SO 401 0555 CM8 SU SQ03I 0755 COG/ROM MAS MM640 0820 KUL KAL KE624
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      402 3 GOOD IDEAS KEEP COMING UP We just broke all the rules in fax. H I B M/T m i H Hn JMMIMHI H Compact design 32 Auto Dial numbers each for fax and phone One-touch Programme Junction Timer transmission/polling 16 shades half-tones Confidential transmission Relay broadcast Until now, the rule
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      50 3 Doonesbury by garry trudeau BP7H/5 MttdOOtSrElNmir IS THE PEFRIER UP TH6R3 YOU PO THAT, ANP YOUCALL jH nISJOtL N&PA R£STB&ORB THZ OMVNNAY? TH£ FRBSH- ii/Hlie... OH,MY6OPi THIS A Ha tmrs,MY *&€AFSAL!anorchjpsfromhawaii* what's this* d*BB6N6 da y PIRtOOR ANPUJHAI ABOUTHBK MAKEUP ROOM* IT JfrLxON TH£... UH...rr$UP- ARTIST I 5 5H&H&&? UOOKS
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      103 4 [FOR SALE BY TENDER) LE MERIDIEN SINGAPOUR, CHANGI [CLOSING DATE: 13 NOV 1989 4 PM| Rare opportunity to tap Singapore's booming tourist market SCRANQOON HARBOUR AVSM 'Z /%S?* '-oSit "s J J J -^*1 1 1 -<£/ "Oustriai AVENUE 1/ X.—iJKTV ESTATE V CEHTR* y-~/ If I o iiSui ffn
      103 words
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      Page 4 Advertisements Column 2
      166 4 The business person's choice erery Tuesday, 0^ RllS iTIM SSSfiß^s 11 M M Ml immucwnjl Airport tnc following day. m Call your travei afpnt or Air Canada at 732 JSSS ]J A Breath Of Fresh Air VJS/ s* Air Canada 2 j~ > ==r Simply Beauhful... Simply RterLai. I Discover
      166 words
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      118 5 I t I I I l wj— 1 ~C\l»fjft~ i JtJmsr&*v ~w > ;.>. ,+r*"*Jx: ■^iT J filHMfc French wine. French food. French chic. There's our non-stop flight to Paris. Of course, there's But then, you'll be enjoying it all, on a larger so much to enjoy aboard the French
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  • COMMODITIES
    • Article
      Lock icon Petronas to build two refineries in Malacca
      268 6 Bernama TWO PETRONAS oil refineries will be built at Tangga Batu near Malacca as the area has been found to be the most suitable for such plants, the state s chief minister Datuk Seri Abdul Rahim Tamby Chik said on Monday. "We will
      Bernama  -  268 words
    • Article
      Precious Metals
      391 6 HONGKONG: Gold closed slightly lower yesterday in quiet and tight-range trading on pressure from a firmer US dollar, dealers said. "The market lacked fresh factors which led to sluggish trade," a dealer said. He noted that light profit-taking by Japanese investors emerged late in the session. Bullion ended
      391 words
    • Article
      RAS and MRELB
      288 6 RAS prices m s c*nta/k 0< fob i«i t»\— NOON CLOSE Buyars S*U*n Bwyors S*H*n Int 1 RSS Prompt 167.50 168.50N 167.25 168.25N bit 1 RSS Nov 169.50 170.00 169.25 169.75 Int 1 RSS Doc 171.75 172.25 171.50 172.00 Int 2 RSS OP 166.50 168.50N 166.50 168J0N
      288 words
    • Article
      SSR and SMR
      77 6 (canft/fcg) NOVEMBER 1989 DECEMBER 1989 (currant month) (forward month) NOON NOON "AS Iwyan S«H*r> lwy«o Sdwi SSR 30 157.00 159.00N 158.00 160.00N SSR 50 155.00 157.00N 156.00 I58.00N MRELB ky*n Sthn kvyan S*4l*n SMR CV 223 50 225.50N 225.J0 227JON SMR L 22X50 225.50N 225.50 227JON SMR
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    • Article
      Rubber
      292 6 SINGAPORE: The rubber market remained very quiet throughout yesterday afternoon, with operators staying on the sidelines, dealers said. November One RSS buyer waa quoted at 169 25 cents a kg, up 25 cents from Monday's close. The TSR-20 Award market was quiet with little interest noted, dealers said. November
      292 words
    • Article
      Lock icon Soybean
      154 6 Reuter CBOT soybean futures clipped gains on Monday and ended well oft the day's highs after major exporter firms and professional houses took profits, traders said. Spot November reached a daily high of US$5.BB-1/2 but closed at U555.77 a bushel, ending with a 9.0cent gain. Rumours of Soviet feedgrain
      Reuter  -  154 words
    • Article
      Lock icon Wheat
      161 6 Reuter CBOT soft red winter wheat futures made a weak showing on Monday, compared with the rallies in corn and soybeans, traders said. Spot December futures closed unchanged at US$4.O7-1/4 after hitting a session high of US$4.l3. Refco and other professional houses were the best sellers. "It (the initial
      Reuter  -  161 words
    • Article
      Produce Prices
      197 6 Chinese Produce Exchange Sellers' noon dosing prices on October 3 (S$/100 kg) Coconut oil Bulk FOB 94.50 ad drum FOB 104.50 New drum FOB 108.50 Copra Mixed (loose) 53.00 sellers Pepper t* nutj-lL mKU« '"WHO* WI HIV FOB Ntw 490.00 Sarawak white FOB foq NLW 480.00 Sarawak special
      197 words
    • Article
      London Markets
      170 6 London Commodity Exchange Buyer/Seller closing prices on Oct 2 (£/tonne unless specified). Previous closing prices in parenthesis. Sugar No 6 FOB (US$/tonne) Dec 311/314.00 High/Low 318.80/318.80 Mar 310.00/310.30 High/Low 315.80/310.00 So l«i (2378) Raw No 6 OF 357.00 No 6 FOB 327.00 Whit* No 5 416 London Metal
      170 words
    • Article
      KL Tin
      157 6 THE Kuala Lumpur Tin Mart at (KLTM) price eased 35 aen to M522.2S a kg at the cloee on renewed Bailing and a correction to Monday's aharp rise In brisk trading, brokers said. Weeker London Metal Exchange (LME) and higher offerings of SO tonnes agalnet bids of five
      157 words
    • Article
      Lock icon Crude Oil and Products
      154 6 Telerate FUEL oil prices were higher in Singapore yesterday, led up mainly by a steady crude and HSFO futures market Strong demand from the US and Europe for fuel oil gave additional support to current levels. Fundamentals of demand and supply re- mained fairly well-balanced. A
      Telerate  -  154 words
    • Article
      Palm Oil
      547 6 MALAYSIAN CRUDE PALM (ML FUTURES closed mixed in active trading at the Kuala Lumpur Commodity Exchange yesterday. Dealers said the market opened higher following the higher Chicago and Rotterdam markets but came off in the early afternoon in line with the quiet local cash market. However, news that
      547 words
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      301 6 MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT m 0 x z X > O IU Z Z Imagine staying in the best part of Bandar Seri day—a saving of 8566.00 per night or 851,980 z Begawan, right on Jalan
      301 words
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      Page 6 Advertisements Column 2
      170 6 Safes Secure in the knowledge it's a Chubb r"| ljTi Behind the world famous name of r f Chubb is a depth of knowledge that goes back 170 years. Knowledge and experience that has established their position as masters of their trade. F j such as this was not cnubb
      170 words
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  • Page 7 Advertisements
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      215 7 50wmtSh!® ,N STYL£I 0 ~|j |l 11| H '~W*Wi i A. ■P 1 yi /^^HH II I J| Jl I fl r If if Available now at Cashew Heights are 3-bedroom ceramic and parquet flooring, kitchen cabinets, suburbs of Upper Bukit Timah and just minutes apartments of 1,238 sq. ft.
      215 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      538 8 Reuter EURODOLLAR futures yesterday closed higher in moderate trade on short-covering and some late commercial buying interest, dealers said. "Tonight's 1400 GMT release of US August factory goods orders, expected to rise 1.8 per cent, may have little impact on prices here," a dealer said. "Most traders are awaiting
      Reuter  -  538 words
    • Article
      Comex gold/silver futures
      140 8 Gold futures on October 2, 1989 100 troy ounces; USS per troy ounce Op«n High Low 3«M« Oct 366 00 367.30 366.00 367.60 0.40 Nov 370.10 +0 20 Dk 371.80 372.50 370-70 37X10 +0 10 f.b 375.70 376.30 375.00 376.20 Apr 381.00 381.00 381.00 380.50 jun 384.60
      140 words
    • Article
      Asian $ market
      226 8 Asian market ASIAN dollar deposit rates ended little changed from Monday's close after a day of quiet trading. Dealers said the market was awaiting for the 1400 GMT release of US August factory goods orders. us$ OFFf* #10 7 days 9 1/8 9 1 ran* 9 1/8 9 2 months
      226 words
    • Article
      Money markets
      58 8 THE overnight rate on the Singapore money rose 1/16 point to 5-7/16 per cent yesterday. Term rates were all unchanged. S$ Interbank rates at the close yesterday: OfW MO Ow. "iflhI 5 7/16 5 5/16 1 -month J 5/16 5 3/16 2-mamh 5 5/16 5 3/16 3-mon* 5
      58 words
    • Article
      Forex markets
      1204 8 SINGAPORE: DESPITE repeated intervention by the Bank of Japan, the US dollar strengthened on active short-covering and strong institutional buying yesterday. Sentiment remains bullish for the US unit in spite of concerted central bank intervention and a possibility of a rise in interest rates by the Bundesbank in
      1,204 words
    • Article
      Options
      1147 8 CURRENCY FUTURES OPTIONS Tuesday, October 3, 1989 DEUTSCHE MARK (SIM EX) DwMcalto DMMpM M* LN um Mgh LM um 53 53 54 JAPANESE YEN (SMCX) OacMcMs OMSP* H«> IN M MlH IM M 73 Z CURRENCY FUTURES OPTIONS I MM Monday, October 2, 1989 BRITISH POUND M2,500, c*nta pw
      1,147 words
    • Article
      Government securities market
      100 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WD OFFEB HIGH LOW 3 months BQ*****F 28.12.89 4.30 4.25 4.28 4.27 6 months BS*****V 18.01.90 4.27 4.22 1 year BY*****F 24.05.90 4.37 4.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rote BID
      100 words
    • Article, Illustration
      World interest rates
      195 8 Indicate* the average of tt>e prime lending rates of 12 mafor banks In S'pore Interbank market rates (offer/bid) on Oct 3 us$ DM SWFC Yen 7 doyi l/l* 15/14 14 11 3/4 7 i/a 7 j/« s/i 7 i/a 5 9/14 7/14 1 mfh 9 1/14 15/16
      195 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      68 8 Wider Choice Greater Value For Honey Set Lunch Herbal Marinated S Steak $9.50+ Oxtail Stew 7.20+ Every Wednesday. Deep Fried Whole Flounder Fish 4 I $9.00++ Daily Homemade Corn Beefs 7.20+ Every Saturday Choice of 5 Main-Courses with a daily change of menu. Prices range froms 7.20++ to $12.50+ come
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      Page 8 Advertisements Column 2
      31 8 Rock Solid. Market Wise Armed with the resources to help you, no matter what the investment climate 26/F UIC Building 5 Shenton Way Singapore 0106 Republic of Singapore 224-6122 Prudential-Bache Securities®
      31 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      185 9 •m A IP °*9°«*<te44 m v $3/?<? I H mti J B 7 I fly y /Br c <»*tm*o tm± -fmmmr The new HP LaserJet lIP printer getting the job done, beautifully for the name of the dealer is priced at almost half the cost of and efficiently. Year in,
      185 words
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  • BANKING AND FINANCE
    • Article
      Local exporters exposed to more financial losses
      403 10  -  SEMINAR ON 'MANAGEMENT OF PRODUCTS LIABILITY RISKS' By DEXTER LEE LOCAL manufacturers whose products are sold in the US and the European Community are increasingly exposed to financial losses, delegates at an insurance seminar were told yesterday. This loss exposure is due to
      403 words
    • Article
      Facility for Thai agro-industrial group oversubscribed
      388 10  -  By HONG LEE TIAM THE $60 MILLION revolving credit facility for Thai agro-industrial group Charoen Pokphand (CP) has been oversubscribed despite the company's requirement that the lenders absorb the withholding tax on the loan. Mr Tan Puay Tong, the manager of Kyowa Bank, which
      388 words
    • Article
      Lock icon Top banker offers details on Soviet financial reforms
      291 10 NYT THE SUPREME SOVIET is about to take up legislation giving the State Bank of the USSR, or Gosbank, authority to issue foreign-ex-change licences to domestic banks. Yuri Ponomorev, a board member of the bank, said at the annual meeting of the
      NYT  -  291 words
    • Article
      Lock icon Nat West chief economist expects rise in UK base rates to 15pc
      294 10 Reuter A TEMPORARY rise to 15 per cent in British bank base lending rates is a distinct possibility, said David Kern, chief economist at National Westminster Bank. "Recent developments raise serious questions regarding the adequacy of the government
      Reuter  -  294 words
    • Article
      Lock icon Dai-lchi Kangyo invests US$30m in US leveraged buyout fund
      413 10 Asahi DAI-ICHI KANGYO Bank, the world's largest bank in terms of assets, has said that it aims to get a piece of the US mergers and acquisitions business by investing $30 million in a leveraged buyout fund being set up by
      Asahi  -  413 words
    • Article
      Lock icon DFC New Zealand under statutory management
      298 10 AFP NEW ZEALAND'S long-term international credit rating could suffer after an announcement yesterday by the central Reserve Bank that it had placed OFC New Zealand Ltd under statutory management, analysts in Wellington said. The Reserve Bank hadl taken the step because of the investment
      AFP  -  298 words
    • Article
      Lock icon IMM
      288 10 Reuter IMM CURRENCY futures closed lower on Monday but off the lows of the day after a calm session consisting largely of position adjustment. Futures opened on a weak note, which some traders linked to the absence of central bank dollar selling during the European morning session. Buying surfaced
      Reuter  -  288 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      314 10 *\> VJH Ti One of Australia's latest on-road transporters-the "B-Double" (twin configuration. Featuring the latest BPW Air Suspen--111 I M| sion fitted to the lead and rear The latest suspension technology from bpw in the om air suspcn- The BPW hallmark of reliability and economy in operation as well SZSEK&S
      314 words
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      211 11 From Andorra To Aruba. From Cameroon To Costa Rica. From Hong Kong To Holland. From Kenya To Kuwait. From Malaysia To Martinique. From Turkey To Thailand. if- wi Vft jja r-s-I^Bhg^^B n *—>MPMTII dH 4 s IPlb^^^H On. By One. To earn your trust, not just your business. This has
      211 words
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  • FOCUS
    • Article, Illustration
      Canada looks to the Pacific
      2279 12  -  Canadians are geographically part of the North American economic entity, and they are related to Europe by culture and history. In recent years, however, Canada's Pacific links have been growing in importance. Foreign Editor ASAD LATIF, who spent two weeks last month travelling from Canada's
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  • Page 12 Advertisements
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      56 12 JH I r a.-tfr^ TASTE The pleasure of a stimulated palate The flavour o! Slung Palace A Enter the moongate. enjoy the finest service and taste M A i^» |01 authentic Cantonese cuisine LCI nOlC'l 4805 or 737 3644 cxtn for reservations SINGAPORE vbdtK| POIOC£ Ample free parking space A
      56 words
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      Page 12 Advertisements Column 2
      10 12 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BOSINESS TRENDS OCTOBER 1989
      10 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      296 13 ■IP J J m |1 t i jfl Hh Z***~ m U*m*>»~..~iMmß J .iw»<w' ~vv ..iiiiiiiw '''^<<ww' >1,, B H H Rmm** ~i—"" <«■»■" w— 1 ,«<wwr —*^H THE START OF ANEWPC POWER REVOLUTION FROM NEC. «-w-he Power of NEC PC Show '89, The Power of NEC PC Show '89.
      296 words
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  • PERSPECTIVE
    • Article
      An elusive goal for Opec
      533 14 THE ORGANISATION of Petroleum Exporting Countries (Opec) emerged from its Geneva meeting last Wednesday with a stop-gap accord which merely raises the overall daily output ceiling for its 13 members by one million barrels to 20.5 million barrels. Opec members failed, however, to agree on
      533 words
    • Article, Illustration
      Lock icon Australians unaware of national economic plight
      853 14  -  Elections in Australia are less than a year away and the main issue is the economy. But why are Australians still confused about the nation's economic health? CHRIS SHERWELL discusses the buoyant economy with its high interest rates, current account deficit and debt. CHRIS
      FT  -  853 words
    • Article, Illustration
      Lock icon US trade winds stir fears in Japanese paddy fields
      609 14 FT IN SOME of the paddy fields of Sakata, rice harvesting machines cut a path through the mature autumn stalks, while in adjacent fields poles draped with bundles of hand-picked plants are monuments to a way of farming that remains unchanged
      FT  -  609 words
    • Article, Illustration
      Lock icon Soviet computer plant, American managers
      966 15 TECHNOLOGY NYT IT IS the last thing anyone would expect to see in the office of Charles W Missler, a former Air Force captain and 30-year veteran of the defence and computer industries. But right next to the Stars and Stripes stands the flag of
      NYT  -  966 words
    • Article
      Lock icon Britain's new Sunday paper gets a rousing reception
      798 15 MEDIA NYT ARE ENOUGH British readers of the three established "quality" Sunday newspapers so dissatisfied with what they get in The Observer, The Sunday Times and The Sunday Telegraph that they will try something new? The investors and British journalists behind The
      NYT  -  798 words
    • Article, Illustration
      Lock icon The Golden '90s — really?
      756 15  - The Golden '90s really? The IMF and World Bank have made rosy forecasts about the developed world economy. But not enough attention is being paid to the growing gap between rich and poor nations. PETER NORMAN sums up the global economic outlook from last week's annual meetings. PETER NORMAN FT
      FT  -  756 words
  • Page 14 Advertisements
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      538 14 There's an easy way to mix business with pleasure Subscribe to Business Times W How would you like to keep abreast All vour business needs with one paper. If you're a lucky winner, you'll enjoy: JjgJ ts* of the latest business developments and A 7-day trip to Finland with 5-star
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  • Page 14 Miscellaneous
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  • Page 15 Advertisements
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      590 15 TAKE WIN ONE OR MORE OF FREE GIFTS 3,575 items 12-Mth 6-Mth T FREE GIFTS ITF.MC WIN in our Grand Lucky Draw $1,000 $2 000 Podwt Light/Stereo Headphone/Audio I W Cleaning Tapes (2 pel rH Tize: Complete Range of Philips Products for the Living Room $2,000 $4,000 Pocket Radio/VHS Cleaning
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  • International Procurement '89
    • Article, Illustration
      No way but up for the procurement industry
      1158 16 BUYERS at the second annual International Procurement Exhibition are certainly not a mean lot. As exhibitors, they are far outnumbered by the sellers of parts, components and services, but their lack in numbers is more than made up for by their hefty
      1,158 words
    • Article
      South Koreans keen to join the fray
      498 16  -  All stories by GENEVIEVE CUA NEW ENTRIES in the international procurement arena this year may not have massive budgets but they are key names whose investments in the region can only increase. To date, about seven new IPOs surfaced this year from Japan.
      498 words
    • Article, Illustration
      Buying skills vital to firms' game plan
      979 17 TRYING to wrest even just bits and pieces of procurement strategies from major international procurement offices (IPOs) is like trying to persuade Scrooge to part with a jealously guarded chest of jewels. Procurement skills are after all a crucial ingredient in any manufacturing
      979 words
    • Article, Illustration
      Efforts by government and private sectors paying off for SMEs
      914 17 INTERNATIONAL procurement offices (IPOs) generally look to Singapore firms for parts, components and services but these suppliers have generally been subsidiaries of multinational corporations. Home grown smalland medium-sized enterprises (SMEs) have up till now captured just a fraction of the
      914 words
    • Article, Illustration
      Factors that help push Singapore into the forefront
      429 17 THE INTERNATIONAL Procurement exhibition has apparently come into its own after a tentative start last year. Almost doubling in size, INPRO '89's big vision is to push Singapore into the forefront as the most ideal base for regional procurement active ties. "I
      429 words
    • Article, Illustration
      Relying on innovative products
      875 19 VENDORS at the International Procurement exhibition have about doubled this year, perhaps the most eloquent testimony of the lure of big business. This year will see some 140 vendors of a range of products and services, from contract manufacturing to metal parts and moulds. Some of
      875 words
    • Article, Illustration
      A launching pad for Sony's new products
      653 19 SONY INTERNATIONAL (Sonis) is almost synonymous with high technology, and it is precisely high technology which the company is hoping to introduce at the International Procurement exhibition. The company, whose Singa-pore-based international procurement office has a staggering budget of $500 million, is expanding
      653 words
    • Article
      Topics to be discussed at procurement exhibition
      405 19 PURCHASING strategies and the role of information technology are taking centre stage in a twoday conference conducted by a panel of overseas procurement heavyweights during the International Procurement exhibition. Thomas Temin, for instance, will be giving a bird's eye view of trends in
      405 words
    • Article
      Training gets top priority from IPMAS
      503 19 TRAINING for procurement executives is the top priority this year of the International Procurement Management Association of Singapore (IPMAS). IPMAS president Peter Lim, who is General Motors materials department manager, is currently combing through various pro-curement-related courses in an effort to set down the
      503 words
  • Page 16 Advertisements
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      34 16 /s iQoa BENEFIT FROM A NEW GAMEPLAN 4-o October 1989 I?AP RFTTPP I?I I?rTDniVfir^ T 1 World Trade Centre, Hall 2 rUK oLI ILK LLLLIKUIMLs Singapore SOURCING AND SELLING -«V *<®i» '"i. »"'C.i3S(^' C."v
      34 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      228 17 P 7 7—7 See how Minnesota Rubber make your ideas work :*mm Jr ir P qT I «is!iMßP^ Visit US at the automotive brake systems. Minnesota Rubber Asia irunnn oo we understand the unique Pacific and the Quad/on liyrnLf OJ and demanding speci- Family of Companies WorldExhibition and fications of
      228 words
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  • Page 18 Advertisements
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      88 18 New "technology on i Computer Peripherals Rewritable Magneto-Optical Disk Drive Writable Magneto-Optical Disk Drive Digital Data Storage Tape Drive '<ii -H* lilliife' CD-ROM Drive Unit High Resolution Trinitron Color Display Monitor 3.5" Micro Floppy Disk Drive High Resolution CCD RGB Color Camera Module High Resolution CCD B/W Camera Module 1
      88 words
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  • Page 19 Advertisements
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      76 19 m GIKEN SAKATA SINGAPORE PTE LTD V*. W. *'W'« ■'•*^k KJ J Pk *W&Jm g»**^ M^Hr "Specialises in High Precision Shafts, Turned and Machined Parts for Computer and Audio Industries. Assembly of Cassette Mechanisms, Compact Disk Mechanisms and Video Tape Recorder Mechanisms." Singapore Office: 5041, Ang Mo Kio Indusrial Park
      76 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Branagh: successor to Olivier?
      669 20  -  PERSONALITIES By PAUL MAJENDIE Reuter WHEN KENNETH BRANAGH first played Shakespeare's Henry V on stage, he asked Britain's Prince Charles what it was like to be royal, isolated and lonely. Seeking tips on how to play the doctor in Chekhov's Three Sisters, he wrote to the
      Reuter  -  669 words
    • Article, Illustration
      Lock icon Spanish fashion: going beyond the fringe
      1199 21  -  FASHION By SUZY MENKES IHT SPANISH FASHION is on a roll. A country that was buttoned up for 35 years now revels in freedom. The talent is often raw, yet Spain has got an indefinable something that is pulling in buyers and encouraging the
      IHT  -  1,199 words
    • Article
      Lock icon More equality in the fitting room
      530 21 NYT FOR MANY WOMEN, finding the perfect dress or outfit is only half the battle. Then, it must be altered. Women frequently have to pay for such services, though basic alterations have commonly been provided to men at no charge in New York. Stores
      NYT  -  530 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      936 20 f W&er? to entertain... U/imr to entertain... Where tv entertain... Where to H II If you knew sushi. l^H Pl^^BrsH I Those who appreciate only the best in Japanese I cuisine have found a home in Singapore.lnagiku. I Reservations, *****10 or *****85 ext *****/6. I I THt WtSTIN Pi A/A
      936 words
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      Page 20 Advertisements Column 2
      235 20 5J ~EJ I'l Th' s month, you can taste delectable Sichuan dishes in lim a sumptuous lunch buffet. IBHL®?® There's a choice of over 35 isih floor favourites so delkriously spicy you'll keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30 pm
      235 words
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  • Page 21 Advertisements
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      179 21 entertain...,J. The Park. I Unkai is a traditional Japanese restaurant offering 11 such superb delicacies as sushi, sasbinu and teppan- 11 yaki For private parties there are four tatami rooms I available. I Lunch: I2pni to 3pm. Dinner. 6. JOpm to llpnu I A® I 11 L Century Park Sheraton
      179 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      681 21 CRYPTIC PUZZLE h \i I —B |i mm mm |i I —[TH —I 13 Own (7) 21. H-amster 22. OBE-y. Arßn ee I I I I I I I 15 Encountered (3) 23. Tail. 24, (The) Hustler. |H I I I i ~~Formerly (4) 26, (airsand)Graces. 29, 1 Expandable box?
      681 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      1377 21 TV and RADIO The magnificent wild horse LZi_^ f WILD HORSES OF AMERMIC Oi/ff C//0/C£ One takes the other prisoner but'are 1 WILD HORSES OF AMERICA, 9.30pm, f hocked to find they speak the «m» SBC 12 language. As their mutual animosity ZZ TL dissipates, they slowly form a fr>e*d
      1,377 words
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  • SPORTS
    • Article, Illustration
      Lock icon US advances in style
      337 22 TENNIS AFP THE HIGHLY-FAVOURED United States players opened their campaign in style when they took a, decisive 2-0 lead over Greece yesterday to move into the second round of the U*****,800 Federation Cup women's tennis tournament in Tokyo. I Veteran Chris Evert, 34, who retired from
      AFP  -  337 words
    • Article
      Lock icon Becker overcomes gallant Muster in Stuttgart Classic
      354 22 Reuter WIMBLEDON and US Open tennis champion Boris Becker overcame a gallant Thomas Muster 7-5 6-1 on the first day of the round-robin Stuttgart tennis classic on Monday. Austrian Muster, playing only his fourth competitive match since he tore knee ligaments in a
      Reuter  -  354 words
    • Article, Illustration
      Lock icon Evert first woman and tennis player to be nominated for award
      314 22 AWARDS AP CHRIS EVERT, who ended her 19-year tennis career after last month's US Open, became the first woman and first tennis player to be nominated for the Farewell to Sport Award. Pittsburgh's Dapper Dan Club announced yesterday. The
      AP  -  314 words
    • Article
      Lock icon IBF middleweight champion arrested after brawl
      222 22 BOXING AP INTERNATIONAL Boxing Federation middleweight champion Michael Nunn has been arrested for assault after a brawl involving about 20 people. Nunn's mother, Madies Nunn, and Raymond Jones, Nunn's bodyguard, were also arrested on Sunday by Davenport police. The three were charged with assault.
      AP  -  222 words
    • Article
      Lock icon English Classic winner Nashwan to miss Arc de Triomphe race
      308 22 HORSE-RACING Reuter DUAL ENGLISH Classic winner Nashwan will miss the Prix de L Arc de Triomphe horse race at Longchamp in Paris on Sunday, his trainer Dick Hern said on Monday The colt, who lost his unbeaten record last month
      Reuter  -  308 words
    • Article
      Lock icon Jahangir, Jansher look set to renew rivalry
      221 22 SQUASH Reuter PAKISTAN'S Jahangir Khan and Jansher Khan, world ranked number one and two respectively, look set once again to dominate the World Open squash championship which began in Kuala Lumpur yesterday. It was Jansher, 20, who beat Jahangir for the title in
      Reuter  -  221 words
    • Article, Illustration
      Lock icon Lyle gets top seeding for Suntory World Matchplay
      362 22 GOLR AFP SANDY LYLE's distressing slump has not been taken into account by the Suntory World Matchplay championship organisers who have made him top seed at Wentworth. Lyle, who asked to be left out of Europe's Ryder Cup team because he was
      AFP  -  362 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      145 22 [ft] MM M m jn is! s^===>i szZ L 5< "2"* 5* ,8,,>i,l > 5 2^2 y K5 54 !2«. S S 2 S'niS /> w«* sai <V w *I,2** /{a 55S r M« w «**l 5 j *a a g S g* J* 6v V m K —'^^2 —w
      145 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon US dollar's rise: G7 needs to show it means business
      554 23 mms mm™ HOCK LOCK SIEW TO TURN the tide of the US dollar's continuing rise, the group of seven leading industrial nations (G7) has been backing tough words with tough actions recently. But are their efforts tantamount to trying to
      HOCK LOCK SIEW; Source: FT  -  554 words
    • Article
      Bumiputra firm buys 30pc stake in Kinta Kellas
      331 23 BUMIPUTRA company Raabnik Sdn Bhd has acquired a near 30 per cent stake in British-incor-porated Kinta Kellas Investments pic. A short statement yesterday from Raabnik's bankers revealed that the bumiputra company had bought 1.88 million 25 pence shares of Kinta Kellas on
      331 words
    • Article
      Lock icon UEM to study merchant bank's advice to Cima shareholders
      584 23 MBT UNITED ENGINEERS (Malaysia) (UEM), which has offered to acquire the entire paid-up capital of Cement Industries of Malaysia (Cima), is expected to hold a board meeting later this week to consider Arab-Malaysian Merchant Bank's recommendation that shareholders should reject the
      MBT  -  584 words
    • Article
      Lock icon MAA to sell more MBf Finance shares
      418 23 Bernama MALAYSIAN ASSURANCE Alliance Bhd (MAA) is proposing to sell an additional 14.27 million MBf Finance Bhd shares of 50 sen each, representing 6.4 per cent of the enlarged issued and paid-up share capital of the finance company. It plans to sell them
      Bernama  -  418 words
    • Article
      Wepco sells its Chin Bee property
      198 23 SESDAQ-LISTED Wah Chang Electro-Plating Ltd (Wepco) has sold its property at Chin Bee Avenue for $790,000 to an unnamed buyer. In a statement yesterday, Wepco said the sale, which will throw up an extraordinary gain of $370,000, was to generate additional funds for working
      198 words
    • Article
      Tan family reduces stake in Tan Chong Motors
      359 23  -  By MAGDALENE NG THE TAN FAMILY of Tan Chong Motor Holdings has sold a six per cent stake in the group through a placement of 40 million shares in London yesterday at $1.75 each or $70 million. BT understands that the transaction
      359 words
    • Article, Illustration
      Guthrie GTS issuing 65m shares to finance purchase
      531 23  -  By ELAINE KCH GUTHRIE GTS Ltd is making a placement 65 million new shares at 95.5 cents each to part finance its purchase of Shahzan Tower in Kuala Lumpur for Mslso million, which was reported earlier by BT. The placement done through
      531 words
    • Article
      QAF rationalising operations of Osa Marketing
      193 23 QAF LTD is rationalising the operations of Malay-sian-based trading and servicing arm Osa Marketing Associates, which is under receivership, through a two-pronged attack. The first is the acquisition of certain assets held by 7&-per-cent-owned Osa Marketing Associates through Osa Systems (S), a $2-company set
      193 words
    • Article
      Lock icon CCM studying investment plan
      146 23 NST CHEMICAL COMPANY of Malaysia Bhd (CCM) is studying an investment proposal in excess of Mslo million relating to the chemical industry. CCM director Q Krishnan said the investment would also involve the upgrading of the company's facilities. "We are carrying out an evaluation to see
      NST  -  146 words
    • Article
      COMPANY BRIEFS
      87 23 TAN CHONG Motor Holdings Bhd said it has through subsidiary Singapore Automotive Industries Re Ltd acquired the entire issued capital of 8,000 shares in FH Lee Consultants (International Re Ltd from Mr Lee Fook Hong for $800,000 cash Mr Lee. the company secretary of the Singapore subsidiaries of
      87 words
    • SES
      • Article, Illustration
        Late buying pushes market higher in moderate trading
        1099 24  -  -By ABDUL HADHI A LATE BURST of buying on the Singapore stock market pushed •hare prices higher in moderate trading yesterday. "With the new lite injected by DBS Land, the market should get back to the STII 1,400 level toon," said a
        1,099 words
      • Article
        Unit trusts
        309 24 Managers' prices for Oct 4 Singapore Unit Trust THe Commerce 122 1.29 THe Savings Fund 106 1.12 S'pore Prog Fund 0.46 050* Spore Sec Fund 0.76 0 81 S'por* Invest Fund 0.81 086 S'poc* Equity Fund 0.57 0.61 Asia Unit Trust Mai Invest Fund 141 1 70 Mai
        309 words
      • Article
        COMPANY MEETINGS
        71 24 BEDFORD BERHAD: AGM at the Registered Office of the Company, 2nd Floor, Standard Chartered Bank Chambers, Lebuh Pantai. ***** Penang. today at 12.00 noon. EU YAN SANG HOLDINGS LIMITED: EGM at 65 Chulia Street. #47-01. OCBC Centre, Singapore 0104, today at 11am. THE BUKIT KATIL RUBBER ESTATES BERHAD:
        71 words
    • Article
      SES SHARE INFORMATION
      6786 24 m-J*®, _J*' Lm* Vol Day Last Quote Olv Dtv Y'ld Not M Coo High Low Code Company Sola oc- ('000) High Low Buyor Sollor C'vr P/E Sm! OCT 03 SESDAQ 5S JS5 '1 t 22 M i 263 120N 66 09 i «e ma -u* Trx" Fuji
      6,786 words
    • KLSE
      • Article, Illustration
        Stocks end mixed in light trade
        3687 25 KUALA LUMPUR share prices closed mixed to marginally lower yesterday as bargain hunting alternated with bouts of profit-tak-ing in light trading. The NST Industrial Index rose by 6.32 points to 2558.14 Interest was focused on second liners and selected blue chips. The market opened
        3,687 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Hostility over Columbia deal disappoints Sony
        416 26 AFP SONY CORP is disappointed over the growing hostility in the United States towards its purchase of Columbia Pictures Entertainment Inc. Chairman Akio Morita said yesterday: "I was very disappointed that such concern was expressed," adding that it was inevitable. The Japanese electronics giant
        AFP  -  416 words
      • Article
        Lock icon Manila sells Benguet stake
        105 26 AFP THE PHILIPPINE government has sold its entire holding of 8.2 million shares in mining company Benguet Corp, worth some 380 million pesos (US$l7 million), a company spokesman in Manila said on Monday. The shares were held by the Presidential Commission on Good Government, a government
        AFP  -  105 words
      • Article
        Lock icon Sale of Electro Sound stock
        126 26 Reuter MITSUBISHI CORP has identified itself as one of the Electro Sound Group Inc stockholders in talks with a third party on the sale of its Electro Sound stock. Mitsubishi said it owns one million Electro Sound common shares, about 37.9 per cent of those
        Reuter  -  126 words
      • Article
        Lock icon Japanese firm buys Shell's Paris building
        172 26 AFP JAPANESE FIRM Kowa Real Estate has bought Shell oil company's office building in the heart of Paris for 3.7 billion francs (US$5BO million), it was announced on Monday. The Japanese firm has a 70 per cent stake in the purchase while the French
        AFP  -  172 words
      • Article
        Lock icon Siam Cement plans to raise output capacity
        250 26 Reuter SIAM CEMENT Co Ltd is to invest 12.9 billion baht in the next four years to raise annual cement output capacity to 16.4 million tonnes from 9.4 million. Siam Cement senior vice-president Tawee Butsontorn said the increase would come from expanding two
        Reuter  -  250 words
      • Article, Illustration
        Lock icon Shares fall sharply
        636 26 Tokyo Reuter TOKYO share prices fell sharply yesterday, mostly on a flood of sell orders from investment trusts redeeming funds for clients. "The main factor is that there were some big selling programs coming in and this scared people." a trader said. The key 225-share Nikkei index
        Reuter  -  636 words
      • Article, Illustration
        Lock icon Stocks rise strongly
        542 26 Sydney Reuter AUSTRALIA'S share market surged to a sharply higher close on the back of a strong 21-point gain on Wall Street, a softer local dollar and a jump in futures prices, brokers said yesterday. The All Ordinaries Index finished 36.7 points higher at 1,772.1 after late
        Reuter  -  542 words
      • Article, Illustration
        Stocks firm in moderate trade
        1353 26 Hongkong HONGKONG share prices ended firmer in moderate trade yesterday booeted in the afternoon by London institutional buying. The Hang Seng Index advanced 39.95 to 2.786.65 and the broader-based Hongkong Index rose 27.02 to 1.637.96. Turnover improved to HKSI.O7 billion from HKJ747.26 million on Monday.
        1,353 words
      • Article
        Lock icon New Zealand: Resilient
        184 26 Reuter NEW ZEALAND brokers were stunned at the rise of the share market despite yosterday morning's news that unlisted OFC New Zealand Ltd was placed under government management. "It was an outstanding performance." Ord O'Connor Grieve s John Rattray said. "On the face of it DFC was
        Reuter  -  184 words
      • Article
        Lock icon Jakarta: Steady close
        107 26 Reuter TRADING on the Jakarta Stock Exchange was solid yesterday, with the day's 626,147 traded shares widely spread among listings and few violent price movements. The exception was the unpredictable performance of cement company Semen Cibinong, up 7,000 rupiah on trade of 1,807. At 117,000 it costs
        Reuter  -  107 words
      • Article
        Lock icon Taipei: Rebound
        475 26 Reuter THE TAIWAN stock index yesterday shook off its uncertainty and rose to finish above the psychological-ly-important 10.000-point mark, a rebound which dealers attributed to coordinated buying by the market's big players. The weighted index, which wavered in a narrow range in early trade. took off at mid-morning
        Reuter  -  475 words
      • Article
        Lock icon Manila: Depressed
        179 26 Reuter CONTINUED nervousness over the possible return to the Philippines of ex-pres-ident Ferdinand Marcos' remains depressed Manila share prices yesterday. The Manila Stock Exchange Composite Index fell 11.74 points to close at 1,114.74, with many investors waiting to see if the Supreme Court would reverse a government ban
        Reuter  -  179 words
      • Article
        Lock icon Bangkok: Stocks plunge
        220 26 Reuter THAI stock prices plunged across the board yesterday in heavy late-session selling despite an overnight rise on Wall Street, brokers said. The SET Index shed 12.71 points to close at 666.82 in active trade. Declines led advances 112 to 13. Most active were Padaeng Industry, Siam
        Reuter  -  220 words
      • Article
        Lock icon Bombay: Shares fall
        231 26 Reuter SHARE PRICES fell broadly on heavy speculative selling when trading resumed after a long weekend. Brokers appeared unsure of rumours about moves to decontrol steel prices which set off a big rally last week, brokers said. "There's a feeling the rumour was floated to prop up
        Reuter  -  231 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow surges on program buying
        966 27 New York Reuter WALL STREET blue chips started off the fourth quarter on a strong note on Monday, closing at their highest level in almost a month. However, traders said few trends were evident and buying interest was scattered. Program buying helped push up the
        Reuter  -  966 words
      • Article, Illustration
        Lock icon Stocks open sharply higher
        880 27 London Reuter SHARE PRICES opened broadly higher yesterday, buoyed by a 21-point rise in New York on Monday, while a 256point fall on the Tokyo market had little impact, dealers said. Ferranti reopened at 50p, following its suspension on Sep 11 when the price stood at
        Reuter  -  880 words
      • Article, Illustration
        Lock icon Bull taking over Zenith's microcomputer business
        394 27 SALE PRICE MAY HIT US$635 MILLION FT GROUPE BULL, the world s 10th largest computer maker, is to pay up to US$635 million for the microcomputer business of Zenith, the US consumer electronics company. The deal, the latest in a series of ambitious US
        FT  -  394 words
      • Article
        Lock icon Lockheed expects losses of US$35m
        168 27 NYT LOCKHEED CORP is taking a charge of about US$l65 million against third-quarter earnings because of cost overruns on two aircraft development contracts The charge would result in a loss of about US$35 million in the quarter, the company said. Lockheed, a military contractor based
        NYT  -  168 words
      • Article
        Lock icon US technology sector shaken by IBM's gloomy forecast
        551 27 Reuter INTERNATIONAL Business Machines Corps statement last week that it expects third-quarter earnings to be well below Wall Street estimates has raised investor anxiety about the already jittery technology sector. The industry has had a string of recent earnings setbacks, and problems
        Reuter  -  551 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1510 27 PARIS: French share prices were firmer at midsession with insurers the centre of attention yesterday. dealers said. The CAC-40 index was 16.86 points higher at 1,893.10 at 1200 GMT, while the 50-share price indicator was 0.52 per cent higher after starting 0.06 per cent up. Wall Street
        1,510 words
      • Article
        Lock icon Allianz to pay 6.5b francs for Mixte stake
        392 27 Reuter WEST GERMAN INSURER Allianz AG Holding is to pay 6.5 billion French francs for 50 per cent of the insurance assets of the French financial and industrial holding concern Compagnie de Navigation Mixte. Mixte chairman Marc Fournier said in Paris on
        Reuter  -  392 words
    • Article, Illustration
      Lock icon Ex-lndon general urges constitutional normalisation
      355 28 INTERVIEW WITH NASUTION AFP A FORMER Indonesian army general has called for "constitutional normalisation" in the country ahead of the next presidential election, the English-lan-guage Indonesian Observer said yesterday. "It is necessary to bring •bout constitutional normalisation, but since 1945 (independence) this has never been
      AFP  -  355 words
    • Article
      Lock icon Suharto sends congratulatory message to Beijing
      187 28 Reuter INDONESIA'S staunchly anticommunist President Suharto congratulated China on its nationaf day for the first time since relations turned sour more than two decades ago, a foreign ministry official said yesterday. Diplomats in Jakarta said the message, sent to President Yang Shankun for Sunday's
      Reuter  -  187 words
    • Article
      Lock icon Japanese trade body raids subsidiaries of Apple and Canon
      138 28 Reuter JAPAN'S Fair Trade Commission (FTC) has raided Apple Computer Japan Inc (ACJ), an Apple Computer Inc subsidiary, and Canon Sales Co Inc (CSC), a Canon Inc unit. The raids in Tokyo were part of an investigation into the alleged obstruction
      Reuter  -  138 words
    • Article
      Lock icon Thai ministry says some Viet soldiers held at Cambodian border
      403 28 Reuter A THAI Foreign Ministry spokesman said yesterday five Vietnamese soldiers had been captured by the Thai military along the Cambodian border, one week after Hanoi said it had pulled all its forces out of the country. Military officials at
      Reuter  -  403 words
    • Article
      Lock icon US likely to extend steel curbs
      163 28 AP THE EXTENSION of steel import restraints, once a contentious issue in the US Congress, is all but assured after an overwhelming House vote to extend restrictions until 1992. Monday's 354-10 vote approved President George Bush's compromise to extend the curbs on 29 foreign
      AP  -  163 words
    • Article
      Lock icon Three Indon banks given green light to go public
      216 28 AFP THREE major Indonesian banks have obtained official approval to list their shares on the Jakarta Stock Exchange (JSE), said a spokesman for Bapepam, the local stock market watchdog. Bapepam has authorised PT Bank Niaga, PT Bank International Indonesia and PT
      AFP  -  216 words
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      Lock icon US official cites conditions for removing bases from region
      224 28 AFP THE US would consider removing its military bases from the Philippines only after security tensions in the region subside, a US embassy official said in Manila yesterday. "When the Soviet Union and other nations bring about a more peaceful Asia.
      AFP  -  224 words
    • Article
      Lock icon Manila drops graft charges against Marcos
      204 28 Agencies THE PHILIPPINE government is dropping corruption charges against the late Ferdinand Marcos but will pursue his family and heirs to recover the billions of dollars he is alleged to have stolen from his people. Judge Conrado Molina yesterday cancelled a scheduled hearing of
      Agencies  -  204 words
    • Article
      Why Asean should consider closer military ties with US
      334 28 ASEAN MEMBERS are not equipped militarily to cope with regional conflicts, especially those involving external powers, and therefore, should consider closer military ties with the United States. Already, the interests of Aseari and the US converge in several areas, and the
      334 words
    • Article
      Defence plea based on three arguments
      742 28  -  PM LEE'S LIBEL SUIT AGAINST FEER By SHOEB KAGDA AFTER FIVE DAYS of intensively cross-examining Prime Minister Lee Kuan Yew, the defence counsel yesterday presented his arguments before High Court Justice L P Thean in Mr Lee's libel suit against the Far Eastern Economic
      742 words
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      Lock icon Moscow softens stand on strike ban
      184 28 AFP MOSCOW has backpedalled on a proposal to outlaw all strikes in the country for 15 months, moving instead to ban stoppages in "essential services", including transport. A proposal, put to the Supreme Soviet by First Deputy Premier Lev Voronin, for an immediate blanket
      AFP  -  184 words
    • LATE FILE
      • Article
        Lock icon Koding out of PBS
        41 28 Bernama SABAH state assembly speaker Datuk Haji Hassan Alban Sandukong yesterday received a letter from the ruling Parti Bersatu Sabah (PBS) stating that former Deputy Chief Minister Datuk Mark Koding was no longer in the party. Bernama
        Bernama  -  41 words
      • Article
        Lock icon Bonuses in Japan to rise 8.9pc
        43 28 Reuter JAPANESE corporations' year-end bonuses in 1969 are likely to rise by an average 8.9 per cent from a year earlier to 644,530 yen per person, a survey by the Institute of Labour Administration said yesterday. Reuter
        Reuter  -  43 words
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        Lock icon Tokyo pledges aid to PLO
        34 28 AFP JAPAN'S Premier Toshiki Kaifu met Palestine Liberation Organisation (PLO) chairman Yasser Arafat in Tokyo yesterday and pledged political and economic aid for Palestinians, a Japanese spokesman said. AFP
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        Lock icon S Koreans want US troops: poll
        39 28 AP MOST South Koreans think US troops deployed in South Korea help to ensure peace and want them to stay, according to a Gallup Poll conducted for the South Korean Defence Ministry. AP
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        Lock icon Bangkok may buy other warplanes
        32 28 AFP THAILAND'S air force may buy US and European-made warplanes rather than Chi-nese-made jets to counter Vietnam's Soviet-eupplied air force, press reports in Bangkok said yesterday. AFP
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        Lock icon Khmer factions to talk: Chatichai
        36 28 Reuter THAI Premier Chatichai Choonhavan said in Paris yesterday that the four Cambodian factions have agreed to meet again at an international conference, which will exclude the superpowers, he said. Reuter
        Reuter  -  36 words
      • Article
        Lock icon Coffee futures lowest in 14 years
        28 28 Reuter ROBUSTA coffee futures slumped during early afternoon trading to the lowest levels since December 1975, dealers said in London yesterday. Reuter
        Reuter  -  28 words
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        Lock icon Comex gold and silver
        71 28 Reuter COMEX gold futures slid in quiet early trading yesterday. Spot October was US$l.3O lower at US$366 30 an ounce. December gold slid US$l.O to U*****.10 an ounce. Deferred April and June 1990, were also lower. Comex silver futures were mixed to slightly lower early yesterday.
        Reuter  -  71 words
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      254 23 Classic and T* HUBUOT Bf/ v" H/ s vcv t; 1 •XX I m w /.f BREITLING HAS CHANGED THE FACE OF TIME TRAVEL. V. >»•/- J et ,Q With the Breitling World on your wrist, you're vHK|/ tuned in to four different time zones -j- simultaneously Operated by four
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  • Page 23 Miscellaneous
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      Page 23 Miscellaneous Column 1
      28 23 mZRO by Martell /L afi/A/V£T:77A><£&&* Sl&r** MUSO *4 fttr-M£ /Z><s<i te&rMW 7M? 6&m6 77/f MAZf f&U- r/MS. r*r*- &wr A/>/v.e/.. M4V£~AW6av4?/£A<tz? /330 l l YrUf <v e Hulf
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      347 26 NOTICES TESTCONSULT CEBTP PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed company will be held at 7500 A Beach Road, 11-319 The Plaza, Singapore
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      449 26 IN THE MATTER OF THE COMPANIES ACT CAP. 60, AND IN THE MATTER OF MOLLERS' (SINGAPORE) PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP. At an Extraordinary General Meeting of the abovenamed company duly convened and held at Block 531 Upper Cross Street Hong Llm Complex #03-56 Singapore 0106
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      283 26 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 90) AND IN THE MATTER OF YUN TRADING PTE LTD (Incorporated in the Republic of Singapore) (In Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, (Chapter 50) that the Final General Meeting
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      81 27 Atf*The expected never happens in ATwist In The Tale JEFFREY ARCHER A game of chess with a sexy stranger. Wine tasting with a bizarre difference. A rivalry founded on eating cornflakes. These are just some of the tantalising openings in Jeffrey Archer's latest collection of short stories. A Twist In
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      26 27 DOLLARS AND NONSENSEZ J j :l jXi V: I BOOMED BUST V^ J 1 i "m—— tM, HH u I i 1 I T—.-i 9 hw,K3fr2C
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      163 28 I Country Risk I I Report I I INDONESIA I I Our latest 37-page report is an I I Invaluable strategic planning tool I that will help you indentify, evaluate I H and minimize medium-term business I risks in Indonesia. I I Available now at ***** per I I To
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      84 28 73 MEYER ROAD, DISTRICT 15 RARE OPPORTUNITY TO BUY A PRIME RESIDENTIAL DEVELOPMENT SITE WITH VIEWS OF THE SEA AND THE CITY I MM.KWSOM utomo -J COAST to cm FOR SALE BY TENDER CLOSING DATE: 26 OCT 89 3PM Site suitable for high-rise development Most sought after East Coast location
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  • SHIPPING TIMES
    • PORT SIDES
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        Lock icon New crude tankers for Nippon Oil
        87 29 Reuter Nippon Oil Co Ltd plans to order two new very large crude carriers (VLCC) to be built by 1991, a company spokesman said The two new 250,000 dwt tankers are in addition to two VLCCs and one ultra large crude carrier it now
        Reuter  -  87 words
      • Article
        Lock icon Kone buys Dan-Elevator
        56 29 Reuter FINNISH ENGINEERING and lift making group Kone said it acquired Denmark's Dan-Elevator A/S through its Danish holding company for undisclosed terms. Dan-Elevator, with an annual turnover of about 30 million markka, makes lifts for use in ships and will be integrated into Kone's marine division, MacGregor-Navire
        Reuter  -  56 words
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        Lock icon Carriers damaged in Chittagong
        66 29 Reuter MALTESE bulk carrier, the Valletta City collided with two other ships while at anchor in Chittagong, Bangladesh, and all three vessels were reported damaged, Lloyd's Shipping Intelligence said. The 19,007 dwt Valletta City was unloading when its anchor dragged and the vessel hit the 26,976
        Reuter  -  66 words
      • Article
        Lock icon Exxon reports crude spill in UK
        107 29 Reuter EXXON CORP'S British unit, Esso UK Ltd, said it had deployed cleanup units to disperse crude oil spilt into the Solent estuary in southern England on Sunday from a vessel at the jetty of its Fawley refinery. "At about 4.30 yesterday afternoon there
        Reuter  -  107 words
      • Article
        Lock icon Ecuador to renew crude exports
        81 29 Reuter ECUADOR'S state oil company Petroleos de Ecuador (PetroEcuador) said it ordered its export terminal to renew crude exports after a five-day interruption caused by a strike by Texaco oil workers. "The trading sub-management division sent a message to the oil shipment terminal ordering it
        Reuter  -  81 words
    • Article, Illustration
      KCT expects 24pc higher volume
      375 29  -  CONTAINER HANDLING WITH FAR EAST PORTS By G DURAIRAJ CONTAINER VOLUME between Kelang Container Terminal and ports in the Far East Asian countries (including South-east Asia) registered the sharpest growth during the last four years. The premier container terminal, which handled 86,825 TEUs in 1986
      375 words
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      TSA officials committed to stabilise freight rates
      135 29 EXECUTIVES of the Trans-Pacific Stabilisation Agreement, covering the eastbound liner trades from Asia to North America, have unanimously reaffirmed their commitment to stabilise freight rates in the trades At their latest meeting in Mon- terey, California, the TSA members agreed to continue their
      135 words
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      Lock icon Carnival to build three ships
      133 29 Reuter CARNIVAL CRUISE LINES said a limited partnership owned by its subsidiaries entered into an agreement with a European shipyard for construction of three cruise ships to be chartered to and operated by its Holland America Line subsidiary. As contemplated, the aggre- gate contract price
      Reuter  -  133 words
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      Index to advertisers
      1191 29 A8C Containerize XI 5 Accord Shpg VIM 3/4 AfS XIII 3 Ahrenkiel liner XII 5 AC Toepler XIII 5 Airer.con Niugim XII 4 Arrow lines XI 5 Assoc Carnage XIII 5 ANl HI 12 A PC line VII 4 API V 35 ASCI V I A Has
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      Lock icon Slack in grain shipments worry Canadian Great Lakes shipowners
      319 29 Reuter GREAT LAKES shipowners are concerned over slack Canadian Wheat Board (CWB) grain shipments this autumn, reflecting thin business with the Soviet Union, an industry official said. Peter Cresswell, vice-presi-dent of the Algoma Central Railway marine division, said the CWB has
      Reuter  -  319 words
    • Article
      Manila tightens inspection of container cargoes
      238 29  -  By AL O LABITA, Jr MANILA'S Customs Bureau has created a new outfit to keep track on the movement of containerised cargo shipments being loaded and unloaded by foreign and domestic vessels. Customs Commissioner Salvador Mison says the Container Monitoring and Control Unit (CMCU)
      238 words
    • Article, Illustration
      KCT all set to meet challenges of the 1990s
      1110 30  -  By G DURAIRAJ THE PERFORMANCE of Kelang Container Terminal (KCT) during the last three years has been impressive, despite it facing higher-than-expected growth in container traffic. Congestions, bottlenecks and delayed movement of boxes that characterised the terminal during similar peak demand
      1,110 words
    • Article
      Lock icon Barrels of vinyl acetate land on UAE beach
      196 30 AFP DOZENS OF barrels of vinyl acetate made by the US firm Union Carbide have washed up on a beach in the United Arab Emirates following the sinking of a freighter in the Gulf, a UAE official said on Monday. On Sunday,
      AFP  -  196 words
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      Lock icon Weekly freights
      914 30 AFP RATES REMAINED weak in the freights market over the past week, due to a short term surplus of spare tonnage available, traders said. The Baltic International Freight Futures Exchange (Biffex's Baltic Freight Index (BFI)) lost five points on the week to end at 1,420 points. Traders pointed
      AFP  -  914 words
    • Article
      Lock icon MT Filothe vanishes from Dhaka
      88 30 AFP A GREEK oil tanker that was detained for leaking thousands of gallons (litres) of crude oil into the Bay of Bengal has disappeared and the Bangladesh navy was looking for it. Newspapers in Dhaka reported yesterday the Greek-registered MT Filothe collected its Port Clearing
      AFP  -  88 words
    • Article
      Lock icon New Orleans dockworkers continue work without contract
      278 30 Reuter LONGSHOREMEN at the Port of New Orleans continued working without a contract but were prepared to strike if negotiations over a new pact fail, officials said. Talks between members of the International Longshoremen Association Local 3000 and shipowners were progressing enough to
      Reuter  -  278 words
    • Article
      Container schedules/Ships in port
      2236 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Aknto M 06 <95 X'089 2KB 0« 'TOO 0*7000 T l«9a» 2 <3 00 105 0504® C&043C NA 2 ***** 07 io»» okb
      2,236 words
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      Lock icon Lauritzen to market Erikson vessels
      255 31 Reuter DANISH SHIPPING FIRM J Lauritzen said its whol-ly-owned Lauritzen Reefers unit will market and operate reefer vessels of over 150,000 cubic feet capacity owned or ordered by Finnish shipping firm Gustaf Erikson as part of a major long-term cooperation deal It said in a
      Reuter  -  255 words
    • Article
      London Freights
      1018 31 FEW FIXTURES were circulating the market, but there was the usual flurry of enquiry for new business on the Baltic Exchange on Monday. Rumours eminating from the freight futures floor on Friday that the Soviet Union had fixed three vessels for period charter were denied by London based
      1,018 words
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      SHIPPING LIST where your ships are due
      9728 38 IMM Viae da Jupder CM O ARratameni Oct 4 Tolaga Bay Trlof Oct 44MQ. Ever Oerlend Evergreen. Oct 4 Anne Mearak Maerak LMe. Oct S Luo He. Chra Oceen Slipg. Oct i Noraala Suaan Noraew Line. Oct Ming Plenty Vang Ming LMe. Oct
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  • Page 29 Advertisements
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      46 29 "The Illustrated bncvclopedia of Wildlife" PHMMfIRV II yooit bookshop* STP Dtetrlbutora Lines and services represented by Members ot the Registry of Accred.ted flVi Shipping Agents. Singapore National Shipping Association For advertising and circulation enquiries, please call Business Times Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      Page 29 Advertisements Column 2
      272 29 i AvaHabie at all good bookshops -2S===SSi Federal Publications KCT all set to meet challenges of the *****, PAGE II EASY ACCESS Europe is today's major market challenge. To Whether by means of water, air, road or rail, the approach 320 million consumers you need the interlinking of Holland's fleets
      272 words
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      Page 29 Advertisements Column 3
      183 29 INSIDE Good show by KCT THE PERFORMANCE of Kelang Container Terminal (KCT) during the last three years has been impressive, despite it facing higher-than-expected growth in container traffic. Congestions and bottlenecks that characterised the terminal during similar peak demand conditions in the past have been eliminated. PAGE II Dockmen continue
      183 words
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      111 30 NOTICE TAKE NOTICE that with effect from Ist October 1989. 1 FRANKIE ANG KONG PENG (M sian l/C No. *****84-B) I ANTHONY CHO TIAN HAN (M'sian l/C No: *****08-B) and I PETER HO WAH KIM (S pore l/C No: *****56-G) Sj has ceased to be the Di rectors of EAGLE
      111 words
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      2053 31 o.,pTlgSßßr—- \lll#/ 200 Cantonment Road #12-06 South point, Singapae 0208 llllVf Tel *****11 TELEX NO RS ***** ;•< _,H IfIUUIVI TERMINAL/CFS Tel *****18 220 P DCCCQ BOOKINGS Tel *****34 235 \jUUr PESAKA JAR DINE SHIPPING AGENCIES SON BHD KVM PORT KELANG TEL: *****18 Telei No MA*****/MA***** CMity WjTOffifl g},sa ra'AS"""
      2,053 words
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      Page 31 Advertisements Column 2
      1918 31 Vaaaal I ETO -Port 'Pntng 1 DESTINATIONS TIM* wMk Lwta M ctowng TNIM furni by CY 08.10 ?300 MRS M Koba crs o*lo 1300 Has m T«uro oak lob hou mem ah iwa cms bal phl hyc mon tST LEOA M. KVIO 11/10 5/10 7/10 28/10 30/10 1/11 2/11 4/11
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      1180 32 I i man—muf" VOV NO S PORE P KELANQ SOUTHAMPTON HAMBURG BWEMERHAVEN ANTWERP LE HAVRE TOLA OA BAY 06/»4 4/10 6/10 24/10 2«/10 26/10 MMO 3VIO TOKYO BAY 94/579 5/10 30/10 24/10 26/10 23/10 2W'O HEIO6LBERG EXPRESS 03/886 11/10 13/10 31/10 2/11 4/11 8/11 "11 KOWLOON BAY 98/801 12/10 7/11
      1,180 words
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      529 32 NORTHBOUND TO UKC SPORE ROM/A DAM HBC HULL (U.K.) FORTH BANK V-2SN 13/10 1/11 13/11 17/11 IVYBANK V-2SN 3/11 4/12 S/12 13/12 TAUSALA SAMOA V.ltN jfU 5/1 10/1 14/1 *Ato Accaptini FCL to At—Mr—«■» n/Hfart/CaMwwtiifl I SOUTHBOUND TO PAPUA NEW GUINEA ~l (ASIA-SOUTH PACIFIC JOINT SERVICE) STORE I MORAVIAN* VI3S
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      1140 32 E3 anmskm& &xwm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE, ft VSL/VOV SIN PRS ALG BCL FEL HAM BRE ROT ANT LHA OJJ (VIA rviA SSf- iisisilili NORASIA SMARJAH H3l-3 27/10 13/11 18/11 »U 2311 ?S1 27/1 2*l »1 NORASIA MUBARAK KS-3 W W 1 Jll 1 W W
      1,140 words
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      1503 33 Sijg Steamers Maritime Holdings Ltd P&O I STRAITS SHIPPING Containers jKa"*** rm PUaMf S tan H'kwi Him R'tea Itk tqlma mt m/m mm ana ana ana ana nnt toktomt am !w ant aoi accepts outgo doc sails SSSir 8 i£ SS S 3U S SH STRAITS V£NTUR€ V24f Muars. Lab,
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      Page 33 Advertisements Column 2
      1721 33 TO: EUROPE TQ: t-'AR EAST V LH RON NAM BR£ FIX MK NK KAO BU HANJIN TONCMAC VOH 07/10 25/10 SAO 7700 7*lo JOflO HANJIN HASAN Ml Iflß 11/11 U/M «M MAM JIN ROTTERDAM MM 14/10 01/11 BHU HU Ml ifU HANJIN LENAVRC Mi Wt Hill HU »0» CNOYANC CNANCt
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      797 34 mmsmmmmwM IRANIAN BKKVICE I Singapore LoM»"« tar- 'ikah ml AO PJL 712 01 Oct BANDAR ABBAS I ■^Viy.TfiWßTjT^H OUAM/SAIFAW mVKI (■/BULK CONTAINER) ETA SPO«tE GUAM SAIPAN 'tACLt' V 7 SLO (OCT 9 OCT SPAHKIE'V2 23 OCT 4 NOV S NOV •MORONISM PORTS DIRECT CALLS SUBJECT ON INOUCEMENT BASIS ANIVOR T/SHPT
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      646 34 I Gb HANJIN SHIPPING I FULL CONTAINER SERVICE I rpvol LeMavro R ta> HW| tlmmm I*mm FHKR WL SM UM NAM. LAI OM HANJIN TONC HAE I2OW 7/10 2S/10 21/10 27/10 2*lo 30(10 PAIUMI HASAN MM «M N. POHAN6 MM WW HANJIN ROTTERDAM M I 14/U I 1/11 2/11 VII
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      201 34 GUANGZHOU MARITIME lj TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGMTLV SAILING) I HONG KONG PORT KELANG PENANG BANGKOK A 1 SO ACCFPTING CARGO FROM HONGKONG TO MALAYSIAN PORTS Vfttfl C.T.A. »0V 1 MKC BKK PWC PK BKK HKC M/V TAI BAO 4/89 SW In Pt 7/10 20/10
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      1335 34 I_J T I_ 1 I —ri-Mk {=a s S I i Sb S Ss i i I EVER GATHER lSu unt >vi» nn» rfn. V J!f. W HfU ISfll 11/U 170J IWli ITU I Pl?lss^s«if=r?¥^^| I U mmtrial. tononto via ncn tork I a rn i mi ■niw tot- I
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      1092 35 PACIFIC INTERNATIONAL LINES (PTE) LTD mi K mKM p, L Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 [FAR EAST VCSBCL VOY BJN JKT MY VOY Mt HKQ KAO WI VOK WOO KOS BUS MAI OUANQ 17M SM SM SM IMB 7/1S 11/1* IVH MM 2Wl* *11* majaramt mm
      1,092 words
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      188 35 iMPM SPIN) MD [vessel |wa |kd |sn |kuc Inua E law Itaw law iONAN vuo yu i/u wu u/w u/w XMAN II mum VII 7(9 12W Wl vm Wi joham hi mum |ivm \vp» |Mfl» |a/n [gg |a/n yu ACCEPTING FCUICL REEFERS, HEAVY LIFT UP TO J9 TONS 9MQAPONC: JOO
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      621 35 f *Jw v rw "<UK nwi nuwa romi HAW 1 J2*i? V* Wt W wi Df» w I w an mm mi an m ss 3 «s «5 22Te2? vu w* w vii I 22 W «u ivu I»u KOI I m UrU 7/11 «U Ml IVU I l *f
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      369 35 A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD f.T. WMWHW IHMIg«* f.T. TItKOIA LLOYD onui w a«T»i«fiif Muca amnm t» bw^ VSI/VOY SPOUE ANTWERP H BURC< ROAMAOAV BREHEN SRIWIJAVA/ZTWB lU-IVM I l/U U/U (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO) uiTAi/ian |*a/a lam viu (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO)
      369 words
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      Page 35 Advertisements Column 5
      488 35 tea MYANIMA m FIVE STAR UNE (Burmese National Line) Loading for Yangan (Rangoon) P.KtUm Penang Bangkok NPA -A* VMM 172 Oct rv* ffl* ufiw HPA-AN VMS* ayn Oct THE BANK UNE HLA vv ir T r A cap a tnnr^ E NORTHBOUND TO UKC SPORE ROAM HMBG HULL FORTH BANK
      488 words
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      1249 36 I GUiSIiD VOY *INOO "PK/PNG [sCP LB CMLS NFK NYC MfX I OOCL FREEDOM 27 2/10 3/10 5/10 21/10 7/U 9/11 UAI IVH OOCL FAITH IS 9/10 10/10 12/10 4/11 14/11 lt/U 11/U 22/11 OOCL FRIENDSHIP It 16/10 17/10 19/10 11/11 21/11 23/11 25/11 »/ll NEPTUNE JADE 21 23/10 24/10
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      Page 36 Advertisements Column 2
      713 36 a<itass« EXPRESS CONTAINER SERVICE AceepUng FCL/FCL ConWmn P Krtani Pwm( lxad.ni tar MoOmt M By F«*r Fmtar HALIOAS «S IS Od »Od »Oct Frwvtfdb/Sr*vA<M TULSIOAS *44 30 Oct MOd M Oct Frm/ttab/Spfc/AM AALIOAS Sim No. No. Frw*Mkfr*VAM TULSIOAS *45 BOk WOk 10 Ok FreW«hWsf*V/W Tr t— S«PO»W taton* llfcn INDIA
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      565 36 Vy?s»i GOLDEN LINE FNLVa GUAN GUAN SHIPPING (PTE) LTD TT n Ttlot A,tr StrMt SINCAPOftF 0104 T(L U43W (10 LINES) Fi> U41V04 S» 5QOLOEN HOMOER Catomte/Kjradit/Dutai Ufl4 Oct CHINA SOIVICt •MIWaWI to Hrt GUAM SHU I IS Oct vrn ru,k,A n/,c M cuipp,^/ THE PEOPLE'S REPUBLIC OF CHINA V WCCOWTWmOWAL—VKE
      565 words
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      781 36 I MOKE EAST/FAR EAST Fa ft LCI SBTVtt fl VESSEL IHA SINGAPORE DESTINATION Ihn i/u. mi am outAi. daman Kuwait, DONA, MUSCAT. BAHRAIN AMJ DHABI A SMARJAM "TIN 1«U JEOOAM (LCL) WEEKLY I I AQABA. NOOtiOAM TBN VII, 11/11 NJONG. KOK. TOKYO, KEELUNC, I KAOKSJUNC, MAfMIA IftftCTOf SUSAN, JAKAJITA B
      781 words
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      1442 37 Agents i pore iviu« nr. uu. \y *4 M H NEPIIC SON BHD General Bookings Boo*mp Inward/ Twminjl CFS \L/ m lif 5 if sw a,aa NIJL B *****18 *****49 liZr- ZS NEPTUNE ORIENT LINES LTD SUEZ) E!E*roe* VBl/VOY PEN PKG BGP MOTHER VBL/VOT BCP LKH PL* RDM HAM MOTH
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      Page 37 Advertisements Column 2
      197 37 I S'pora P.Kelang Loading for I I HIRA 111 10/10 15/10 Rdm/Antw/UK/Nante I I SAMMI FORTUNE 30/10 2/11 Antw/UK/Nantes I I S'pore loading for I I PAN RISER 5/10 Dubai/Damman/Kuwait/Umm Qasr I 1 MERCHANT PILOT 10/10 Dubai/Dammam/K uwait I I CAPE BRETON 15/10 Jeddah/Hodetdah/Aqaba I I S'pora Loading for I
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      40 37 (j|fp)FREIGHT SERVICES HONGKONG 6/10, 9/10, 13/10 I MELBOURNE, SYDNEY 10/10, 15/10 r^jjßKAivff SOUTHEAST ASIA PTC. LTV. INTERNATIONAL FREIGHT FORWARDERS FROM TO SINGAPORE EUROPE/UN PT.KELANG CANADA OSA Accepting FCL and LCL ■iiiiiii i hitux T* *****00 PL MHC HH malt Ttmm
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      Page 37 Advertisements Column 4
      903 37 i SJNSOV i SINGAPORE SOVIET SHIPPING CO PRIVATE LTD S'WSOV BUILDING 55 Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: HMMI/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** rIPIAPKi p vri a MESSRS NAI THONG SHIPPING 127 Penanf Strict, Pwunt MaUysu M NANOLIMG
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      Page 38 Advertisements Column 1
      584 38 INTEGRATED CONTAINER SERVICE MCMKR Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT ROM I HK I RST N. CtCIELSKI V9N 11/16 24/10 W 2/U 3/U VU~ E. TNAELMANNIP 11/10 2/U~ 11/11 11/11 13/11 14/11 RUEBELANO VMS M/lT U|U M/U MfU S/U H|U UiMICNT 4/0
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      Page 38 Advertisements Column 2
      325 38 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONGKONG/TAIWAN/JAPAN M/V ANDROMEDA STAR VOY 4 VOY S VOY 8 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 I
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      Page 38 Advertisements Column 3
      202 38 fa wIUGCJLIIMkJA 1 VtSKL SfOßt n WICK^^OAWWCro!^^^! PRIMORJC 14 OCT It OCT 71 OCT 23 OCT Ataua** Bmt/TnpOk. I Una. f. Sm4. Lmuool. I UMu. Drat. Ktanbul I KR« 14 OCT 17 OCT 11 OCT 71 OCT Bn. Kaptr TnaattJ Vanes. I UNA I S NO* I Bo* M NO*
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      Page 38 Advertisements Column 4
      1065 38 ASEAN PORTS BANGKOK sailings a week Nflow Hock Agency Co Ltd BKK (Tel: *****80) VESSEL VOT MjMWK BANGKOK PtYABHUM IMW HW~St 7/M JEHLINK lgW TW VM S- W thama ONUM om fri yn mm *M ■oama pacific m mm W» nw um pita mm aw um t* ~W mum am
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  • Page 38 Miscellaneous
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      Page 38 Miscellaneous Column 1
      151 38 Regional Weather 1 N& R S m r fiv I J».CX 1£ SIGNIFICANT WEATHER AND 8EA CONDITIONS AT 7.30 AJII. OCT 4, 1M9 R Thunderstorm Temperature c Xs A Weother Wind dvection wrtti speed m knots Ram Cloudy Sky Wave h^ght Swfoce winds ore mdicoted by orrows which fly with
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      Page 39 Advertisements Column 1
      1061 39 p ,I WIWTW?OT3HH-T!TJES^k I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI 1 LANKA SIR) 128W 08/10 I LANKA AJITHA 43W 10/10 22/10 24/10 I LANKA SRIMANI 71W 20/10 30/10 I LANKA SIRI 129W 22/10 I ALSO ACCEPTING CARGO (FCL/LCL) FOR I Aj INDIAN PORTS I MADRAS i TUTICORIN COCHIN MANGALORE BOMBAY I
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      Page 39 Advertisements Column 2
      339 39 (National Una of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKO FT* LOAOMQ FOB NETSANET 14/10 OAMESSALAAM. MOMBASA. DJIBOUTI VOY I«MS ASSAB. MASSAWA. HOOBOAH MV ANOMET 31/10 QAfI£SSALAAM. MOMBASA DJIBOUTI VOY 17WB ASSAB MAMANA HGOOOAH ASSAY WONZ 23/12 OAMEBBALAAM. MOMBASA. OJMOUTI VOY 22W8 ASSAS. MASSAWA. MOCOOAM Ottier ports slong the route workable
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      Page 39 Advertisements Column 3
      1093 39 < m > CRYSTAL FREIGHTI SERVICES PTE LTO TEL: *****88/*****22 HONOKONQ/ CHINA 6/10 A 14/10 BANGKOK 6/10 ft 11/10 P. KELANQ/PENANO 6/10 ft 13/10 BUSAN 6/10 ft 16/10 KEELUNO/KAOHBIUNG 6/10 ft 15/10 MANILA 6/10 ft 16/10 JAKARTA 7/10 ft 14/10 SYDNEY/MELBOURNE 12/10 ft 27/10 FREMANTLE 16/10 ft 1/11 PORT MORESBY/LAE
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      Page 39 Advertisements Column 4
      646 39 TO AUSTRALIA/NEW ZEALAND *5 Itli^inlrr—d«i*i im I At—l A«Twjtftii m vm una ont unt vu «u tnt mm ai wu *u am *1 *u IKB l mumsm "5S ~mi vu ~wu ofu ma ••una za aw wu vi «i *5 111 1 1 U DATS TO BCBLBOUKNBS TO USA/CANADA Wl
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      Page 40 Advertisements Column 1
      73 40 I GOODWAYI LCL ACCEPTANCE TO NOUMEA, FIJI SIN HKG NOUMEA SUVA 13/u) 2vio m 27/10 Ull 1/U ii/it ayu ivi2 2S/11 5/12 1/1 EXPRESS SAILINGS TO PAPUA NEW QUMEA ViSSCL m IM MORESBY ANKE C/ 10 11/10 27/10 GOODWAY CONSOL VIA SUVA TO: APIA PACO PAGO TARAWA KIRIBATI NUKUALOFA TONGA
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      Page 40 Advertisements Column 2
      527 40 GFOCEMISeruice P> J LCL/FCL SERVICE TO/FROM J H H f €3Fopwtw oasr §00 Mrminals/officM in UiA GV oWsw raliaUa LCL/FCL aarvicat. Gtrmrti Agents —7724M5-ZJA//C—-pf PENANG KL: allied-LINK SINGAPORE: /FT^\ Ssjjr 04-*****2 03-*****55 778 6522(22 lines) SEE Marina On® Suaan Ne/Chriatina Chiaw Elaine Tao/Eathar Yap transintra shipping (Singapore) private limited X
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      Page 40 Advertisements Column 3
      315 40 EXPRESS SERVICE TO/FROM CHILE FQKI h'Mttf MOTNOI HBD. M TOKO MICA tQQ AHTW VALP SAI «Tt rtSStl CSAV 1 VM BUMHOUS OCCAM MM HP W WU 11/12 MTU 1 ciav t tw» jgKuco m iw yu ijn wu i«u n/u m CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH
      315 words
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      Page 41 Advertisements Column 1
      786 41 fmamrmm 5 COMPANIA PERUANA 5 VfcjQL DE VAPORES ff J "PERUVIAN STATE LINE" 4 j ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM f 4 CALLAO, MATARANI, ILO* I OTHER PERUVIAN PORTS* d WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. V A 4 Panang* P. K«Ung* Sinjapor* d d MURRAYEVERETT 12/14
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      Page 41 Advertisements Column 2
      639 41 FULL CONTAINER SERVICE acMftiM FCL/LCL ear*** to USA Eaat 1 Wt»t Cowl, Carritbaan.Eatt Canada. HAITI CmfawaU. VnwU and Hondurn VSL b'PORE ILAX |KST |SAV jNYC |H?X~| A. VESSEL t/10 OM LIVORNO U/14 Ml U/ll WjWj ZIMVENE2IA 12/10 DM SOMA Wl 17/11 JO/U lIN BRISBANE 21/10 ZU KEELUNC 11/11 »11 M/ll
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      Page 41 Advertisements Column 3
      615 41 SING HWANG HANG 1 SHIPPING ft TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE [VESSEL [S PORE [JAKARTA I SURABAYA I JENHOL 136 7/10 10/10 ~~1 [A VESSEL 4/10 7/10 I— I [VESSEL I SPORE BANGKOK I A VESSEL 4/10 7/10 IA VESSEL 8/10 In/10 DETONATIONS ETA SINGAPORE PORT KELANG 6 OCT
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      Page 41 Advertisements Column 4
      503 41 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI 300-301 In Port In Port 6/10 6/10 PRASETIA 30-31 7/10 8/10 10/10 10/10 PRABHAKTI 302-303 10/10 11/10 13/10 13/10 PRASETIA 32-33 14/10 15/10 17/10 17/10 General
      503 words
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      Page 41 Advertisements Column 5
      449 41 m mim 8/10 KEELUNG/KAOHSIUNG 6/10 BANGKOK 6/10 MANILA j 7/10 JAKARTA 6/10 PORT KELANG/PENANG 5/10 BUSAN 6/10 TOKYO/YOKO/KOBE 5/10 HONG KONG also aca )tmg cargo I to Hua rigpu /Shenzhen /F uzttou/ Xiamen/Xingang/Shanghai Mempe/m 7/10 LDN/FLX/LVP/SOU 7/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations SIM ■•a/MMII TT*"
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      Page 42 Advertisements Column 1
      1221 42 Jk HYUNDAI iMnHMii»«Mi MERCHANT MARINE CO., LTD. 1 EABTBOUWD TO USA WESTBOUND FROM USA TO PSW SIN HKG nx OAK SLA FROM PSW LIM (WK «A WKC SIN HYUNDAI INNOVATOR 27E o*lo 12/10 3*lo 02/11 o*ll LALANOIA 2SW o*ol 00/00 I*oo «M 0 HYUNDAI EXPLORER 2CE 13/11 11/10 01/11 00/11
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      Page 42 Advertisements Column 2
      898 42 ffirJE CONTAINER LINE y TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST I W«T KttANC (fit A 11/ M MMA IO» BUSAN VM4U/M HONG KONG 7/M 4 Jfu KOM° VM 4 WW 3&u W iSJSS To!'** WiSS amine km 851 com aStuh) SRI LANKA/
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      Page 42 Advertisements Column 3
      508 42 UK/CONTINENT (TRIO) Iram P.Mm ISM rto| rmaria Uk •S5T m A* MMUKM MY U HI HI a n IfUMMa ALASKA MM mt m» W fni lDll Su ijhi Mm U tnmm (Miiou UN IW /|U »U W wu i > n :n* UKMHW MMMDM KIOU.MK E» uju u/m a/M «u
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