The Business Times, 6 October 1989

Microfilm: NL16819
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, OCTOBER 6, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    256 1 Dow up US STOCKS turned mixed as blue chips recovered light early losses and began to rise. The market fell at the opening after a round of interest rate rises by European central banks. The Dow was ahead three points at 2,773 and decliners led gainers six
    256 words
  • Article, Illustration
    Singapore market eases slightly
    206 1 REGIONAL stock markets closed on a mixed note yesterday while share prices in Singapore eased after two days of impressive gains. Spillover buying from Wednesday was not sustained with selective buying alternating with profit taking. The Straits Times Industrials Index retreated 3.28 points to close at
    206 words
  • Article
    Intervention in Tokyo brings US dollar down
    123 1 THE US DOLLAR closed easier in Tokyo yesterday after coordinated central bank intervention and large-scale profit-taking by overseas players. The Bank of Japan, the US Federal Reserve and the Bank of England intervened during trading hours in Tokyo. The dollar ended at 141.05
    123 words
  • Article
    Lock icon Indonesia relaxes rules on currency trading, banking
    421 1 AFP INDONESIA yesterday announced more flexible rules on currency trading and easier procedures for national and foreign banks to open sub-branch offices in a bid to boost the banking industry. Bank Indonesia Governor Adrianus Mooy said in Jakarta the new rulings on trading
    AFP  -  421 words
  • Article
    TDB in joint venture with Japanese company Iwataya
    515 1  -  SELLING S'PORE-MADE GOODS IN JAPAN By JEFFREY TSANG THE Trade Development Board s investment arm has set up a joint venture to sell Singaporemade consumer goods in Japan. TDB Holdings yesterday signed an agreement with Japan's Iwataya Co to set up Iwa-taya-Singapore
    515 words
  • Article
    Lock icon Bundesbank raises Lombard, bank rates by one point
    420 1 AFP Reuter THE WEST GERMAN Bundesbank yesterday raised its bank rate by one percentage point to 6 per cent and its emergency funding Lombard rate by one percentage point to 8 per cent. The Bank of France and the Bank of England
    AFP; Reuter  -  420 words
  • Article, Illustration
    Kamunting takes control of Star newspapers
    443 1 KAMUNTING Corporation has won control of Star Publications, the company publishing The Star and Sunday Star newspapers, with an agreement to buy a 39 per cent stake in the company for M 522.5 million. In a statement sent to the Kuala Lumpur Stock Exchange,
    443 words
  • Article
    Prime Minister leaves for working visit to Jakarta
    86 1 THE Prime Minister leaves for Jakarta today on a two-day working visit, during which he will meet President Suharto of Indonesia. Mr Lee Kuan Yew will be accompanied by Mrs Lee, Dr Richard Hu, the Minister for Finance, and Mr Mah Bow
    86 words
  • Article
    Lock icon Breakbulking fee set at flat rate of Ms3s
    133 1 Bernama THE FEDERATION of Malaysian Freight Forwarders has informed all its members to charge a flat breakbulking or unpacking fee of Ms3s per bill of lading. In a statement released in Kuala Lumpur yesterday, the federation said that in cases of multiple
    Bernama  -  133 words
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      185 1 di&5r£ tiSS if f "J 1 \..;~J£ ARAH riginal Hopsack slacks El Paso USA Available at OG People s ParK, Orchard and Elite Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 f GRAND QTY CHINESE RESTAURANT aiawms* Cantonese Cuisine at its best Grand City Chinese Restaurant.
      185 words
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      Page 1 Advertisements Column 2
      221 1 COMPANY SERVICES it NEWS 17 ZmZL. 4 k '111 I a UMW Ho,din 9« Pays Asian Market 6 4J <J 4J <J off M545.42m term loan Commodities .8 Editorial Comment: 10 Gait membership 5 n yhs. Temasek Pa,m Metals. Cool heads, calm waters Baker against Soviets joining finalise takeover of
      221 words
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      Page 1 Advertisements Column 3
      322 1 I GIFIfiMQ) O MINOLTA Quadruple Zoom+Auto Two-Color. OL ,7v, tJofc. Mb*.' ajli The candy man can CHANGE your business and you change your philosophy of life? The man who helped make Gardenia bread a success has set up a health shop that sells natural' candy. He tells our columnist why
      322 words
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  • HOME NEWS
    • Article
      Every Singaporean has a place here: Chok Tong
      529 2  -  SINGAPOREANS URGED TO TRANSCEND COUNTRY'S LIMITATIONS By TAN KEE WEE INSTEAD OF allowing their country's limitations to drive them to emigrate, Singaporeans should try and transcend these limitations and make Singapore a more viable place to live in. This is the message
      529 words
    • Article
      A constructive visit
      174 2 SINGAPORE'S sophisticated construction industry was the subject of a two-day, fact-finding mission by a World Bank official and an adviser to a Sri Lankan construction body. Grant Sinclair, project officer of the World Bank, and E I Munasinha, adviser to the Sri Lankan Institute for Construction Training
      174 words
    • Article
      Rise in sales at exhibition
      142 2 THIS YEAR'S Woodmacasia/ MachineAsiaB9 exhibition saw an eight-fold increase in the volume of sales clinched. During the five-day exhibition which ended on Sep 30, sales worth about $65 million were made compared with $8 million in the last exhibition held two years ago. Another $70
      142 words
    • Article
      Malay chamber leading trade mission overseas
      320 2 THE Singapore Malay Chamber of Commerce is leading a trade mission for the first time to Turkey. Egypt and Jordan to explore and expand trade opportunities. The 11-member mission, which is leaving today on the four-day trip, will also visit Jeddah and Medina in
      320 words
    • Article
      Enterprise Promotion Centre shaping up
      289 2 THE Enterprise Promotion Centre is set for a year-end take-off. The centre, set up on a $5 million Economic Development Board grant to provide leadership for Singapore's small- and me-dium-sized enterprises, was registered as a company last month and is now in the process of
      289 words
    • Article
      New Sisir scheme to help monitor food hygiene
      270 2 THE SINGAPORE Institute of Standards and Industrial Research has launched a new service to help food operators monitor the hygiene of the food they serve Under the Food and Beverage Consultancy Scheme, Sisir will provide hoteliers, restaurateurs and food caterers advice and
      270 words
    • Article
      MEMO PAD
      511 2 ir Seminars and f ¥*4 Cahners exposition oroup 1 Courses Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66^ Oct 5 6 Procticol Aspects of Crown Prince Hotel Asian Investment *****27 Setting Up Offshore Conferences Challenges Pte ltd Opportunities of Global Business Oct 6 Financial Futures Boulevard Hotel Dominion
      511 words
    • Article, Illustration
      SIA chief questions US air policies
      413 3  -  By JOHN TAN THE US AVIATION authorities have been described as "one of the least liberal" in the world by Singapore Airlines' managing director. Dr Cheong Choong Kong. While most aviation authorities of the Asia-Pacific countries were deregulating their policies, the same could not
      413 words
    • Article
      Rewards for Mobil staff
      58 3 IN RETURN for their efforts toward greater productivity, Mobil employees were yesterday awarded a total sum of $237,050. The award comes under Mobil's Productivity Incentive Award Scheme (PIAS) under which all employees, except senior managers, get to share in the savings generated by in-house productivity projects.
      58 words
    • Article
      Telecom reaches out with range of global services
      223 3 SINGAPORE Telecom has extended the range of its international telecommunication services to Thailand, Italy and Jamaica. Its international toll-free telephone service is now linked to Thailand, a video-conference service to Italy and a telefax service to Jamaica. The toll-free service allows customers
      223 words
    • Article
      Ireland as gateway to European market
      394 3  -  By DAVID CHEW IRELAND IS offering a tax incentive and other advantages to attract private companies in the Asia-Pa-cific region to relocate their operations there by 1992 and make it the gateway to the unified European market, the Irish Minister for Trade and Marketing,
      394 words
    • Article
      Northern Ireland woos Singapore investors
      264 3  -  By JAYARAM MENON NORTHERN IRELAND is offering itself as a much cheaper alternative for manufacturers who want to set up operations in the European Community. "We are looking for high value-added investments. especially those in electronics, medical equipment, automotive components and information technology, said Anthony
      264 words
    • Article
      Trade links with Europe growing
      169 3 ALTHOUGH BRITAIN continues to be Ireland's largest export market. Ireland is moving closer to West Germany and other European Community countries, a top Irish trade official told BT in an exclusive interview yesterday. Patrick Delaney, deputy chief executive of the Irish Export Board, said that
      169 words
    • Article
      SNS launches staff suggestion scheme
      206 3 SINGAPORE Newspaper Services has launched a staff suggestion scheme to raise productivity and increase profitability. Speaking at the launching ceremony yesterday, the director and group general manager of SNS. Chew Keng Juea, said the scheme would give the company's staff "a formal channel"' to contribute
      206 words
    • Article
      Matsushita regards Singapore plant highly
      393 3  -  By JAYARAM MENON SINGAPORE is the key production facility outside Japan for Japanese electronics conglomerate Matsushita the biggest Japanese investor here. "Singapore is number one in terms of production as well as number of factories,'' said K Chikamawari, director of the international marketing division of
      393 words
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      Page 2 Advertisements Column 1
      197 2 #THE POSSESSION OF FINE ARTS here has been a significant increase in the appreciation and collection of Fine Art objects in lis region over the past 10 years. Not only is the private collector more knowledgeable in tlx' raditional categories of collectibles but his interest has also expanded to encompass
      197 words
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      Page 2 Advertisements Column 2
      52 2 Exclusive Sunglasses Designed by Fe' .3 >~ c d A Por<c►,e H.q* Quality CP 39 cc'ec' cga nit UV 6 *ad-at on B cHro^* qo'd pia'ed o c d go 1 d PORSCHE DESIGN <~AIUIERA 1 Folding Sunglasses PORSCHE DESIGN <~A/UIERA t J AVAILABLE AT PORSCHE DESIGN BOUTIQUE CORNERS LEADJNG
      52 words
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      89 3 m 9 SMM W I ■■■■■■■I sote Oistnbuto' OCcnnOTS o» v*™ (youc 96 Pasir Paring Road Singapore 0511 JH *****44 sheeted aciw«*v t* JAQJA^ Authorised Oeaiers Aley PMo taders (Pie) Ltd W 235 6666/338 7756/533 77*6 Cyde Carnage Mm (1906) Pte Ud W 473 3122 Harare* industnes Pie Lid W
      89 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      217 3 leatheß^^ Global temperatures and weather forecast f*l City MaxS Note OUTLOOK: Fair, except Min for «howaca in the aftarCC) noon Report for 24 hours prior Aberdeen 12/07 Roiny to 7.30pm on Oct 5 at the Amsterdam 17/08 Cool airport; Alhen. 25/15 Sunny Max tamp- 32.4 Auckland 17/12 Showers Aaeoc humidity..........
      217 words
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  • FOREIGN NEWS
    • Article
      Lock icon Japan, US agree to support China's modernisation
      327 4 NO RETURN TO BUSINESS AS USUAL IN THE NEAR FUTURE AFP SENIOR Japanese and US officials have agreed that their two countries should unite to support China s modernisation and open door policies. The agreement came at a six-hour meeting between visiting US
      AFP  -  327 words
    • Article
      Lock icon Chinese vice-premier to visit India for talks
      297 4 AFP CHINESE Vice-Premier Wu Xueqian will arrive in New Delhi on Oct 12 for week-long talks with Indian leaders, a Chinese embassy spokesman in the Indian capital said on Wednesday. Mr Wu will meet Prime Minister Rajiv Gandhi and senior officials of the
      AFP  -  297 words
    • Article, Illustration
      Lock icon Suharto calls for changes, corrections to meet new challenges
      397 4 AFP PRESIDENT Suharto yesterday called for changes and corrections to meet new challenges as Indonesia develops into a modern society and urged the military to continue its special role in maintaining national stability. Indonesia is entering a "decisive stage" in its
      AFP  -  397 words
    • Article
      Lock icon Inflation could erode Manila's economic recovery: report
      314 4 Reuter THE Philippines may emerge as one of Asia's best-performing economies in the first half of the *****, but mounting inflation could erode its economic recovery, according to a report by Merrill Lynch. Inflation in the Philippines is rising sharply and hit 12.6
      Reuter  -  314 words
    • Article, Illustration
      Lock icon E German leaders may take tougher line: churchman
      390 4 FT THE EAST GERMAN leadership is likely to revert to a tough, "law and order" regime as a result of the refugee crisis, according to a prominent East German Protestant Church official. Mr Manfred Stolpe. the Church's most senior lay official, said
      FT  -  390 words
    • Article
      Lock icon Hills praises Seoul for opening markets, urges Tokyo to do the same
      416 4 AFP Reuter US TRADE Representative Carla Hills on Wednesday praised South Korea for opening its markets wider to US goods and said Japan has every reason to do the same. Mrs Hills, who is to travel to Seoul
      AFP; Reuter  -  416 words
    • Article
      Lock icon Kaifu wins backing of party leaders
      418 4 Asahi News Service TOSHIKI KAIFU was assured of at least a few more months as Japan's Prime Minister when leaders of his ruling Liberal Democratic Party (LDP) agreed on Wednesday to continue supporting him as party president. Mr Kaifu's term as party president expires
      Asahi News Service  -  418 words
    • Article
      Lock icon Beijing crackdown showed army unprepared: survey
      311 4 AP POLITICAL turmoil in Beijing showed the Chinese army was unprepared and inappropriately trained to deal with internal security operations, the Londonbased International Institute for Strategic Studies said in a survey published yesterday. Elsewhere in Asia, it said, India and Pakistan are investing heavily
      AP  -  311 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      906 4 ARRIVALS Operator Sorvtc* Local From number t(m« SU SQ153 1315 CGK SAB SN287 1350 MU/BOM/8KK MAS MH633 1355 wa SIA SQ109 1405 Km SU SQ181 1410 BWN RN AY902 1425 HB./8KK THA TG405 1425 IKK/HKT SIA SO033 1430 MU/V*/0X8 GU GA962 1435 CGK tiA RJ182 1445 AAAM/KUL
      906 words
    • Article
      Lock icon KL budget to set the stage for growth
      486 5 Bernama MALAYSIA'S 1990 budget is expected to set the stage for further expansion and modernisation of the economy as the country is well poised to achieve a growth rate of 8.0 per cent this year, according to Bank Buruh executive director Tan
      Bernama  -  486 words
    • Article
      Lock icon US business optimism lowest in five years
      109 5 AP AMERICAN business executives' expectations for higher sales and profits in the coming months have fallen to the lowest levels in five years, according to a survey released in New York on Wednesday. "After two years of consistently strong expectations, business executives are
      AP  -  109 words
    • Article
      Lock icon Prospects for high-definition TV fuzzy
      342 5 AP AMERICAN efforts to develop high-definition television are being threatened by a dispute between Florida Atlantic University and the institute that previously employed FAU's new scientist who specialises in the gyOr William Glenn, considered to be "a national treasure" in the field of high-definition TV,
      AP  -  342 words
    • Article
      Lock icon Commonwealth heads to tackle economic crises in poorer member nations
      312 5 Bernama ECONOMIC ISSUES confronting member countries will still be a major area of discussion at the coming Commonwealth Heads of Government Meeting (CHOGM) in Kuala Lumpur. Commonwealth SecretaryGeneral Sir Shridath Ramphal said while progress had been fairly sustained in the
      Bernama  -  312 words
    • Article, Illustration
      Lock icon Baker against Soviets joining Gatt, IMF
      456 5 Reuter AMERICAN Secretary of State James Baker on Wednesday rejected early Soviet membership in internstionsl finsncial and trade institutions and urged only non-etrategic, commercial dealings with the Soviet Union as its economy undergoes reform. Mr Baker told the Senate Finance Committee the Soviet economic
      Reuter  -  456 words
    • Article
      Lock icon Global agencies discuss aid plans for developing nations
      385 5 Reuter THE POSSIBILITY of the World Bank steering funds to developing countries who suffered because they had to pay higher prices for imports of farm products that had been subsidised was discussed in s paper circulated to trade negotiators in Geneva, Gatt
      Reuter  -  385 words
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      Page 4 Advertisements Column 1
      195 4 6 OCTOBER TO MID-NOVEMBER r W he famous Shanghai Hairy Crabs 1. are back at the Goodwood Park Hotel. For that once-a-year opportunity to sink your teeth into the sweet creamy thickness of fresh roe. At the Goodwood Park's renowned Chinese restaurants, these airflown crabs are steamed to mouthwatering perfection.
      195 words
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      Page 4 Advertisements Column 2
      46 4 Tir\DA\mr\ II 1 I 1I I II 1 Airport at 22KJ5 Hours ind arriving at Letter B I 1 II 111 I Peanon International Airport the following Jkv jII your Travel Agent or Air Cintdi u 7}2i5SS. A UREA TH OF FRESH AIR }*3s Air Canada
      46 words
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      119 5 J 1 v* v KlUr u* f- J > v Wmw •>>"-1 -.2& >' Jr T- k H' J 4 S'i n tA n>C v V>/ IK&. t °m>) > ••> s~~^ v m t £H> ii' J& if < V'' '^"V *M J'. 2. 7 (i jv.- V^*-/A^ v.'
      119 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      65 5 Doonesbury by garry trudeau MR TRUMP, I'M TELL- OKAY, 6ET MB ANOTHER BROAD ~UH~.. YEAHHER IN6 YOU, THIS &RUS HMM... BUT I WANT A CLAS3 ACT, MERYL HAVENER MANAGER COULD CAUSE MIBE THE ABSOLUTE BEST! SOME' STFEEP 2 r/Y& IN US REAL PROBLEMS. HE YOU'RE ONE LIKE THAT CHICK WHO
      65 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Japan's discount rate rise seen unlikely this year
      340 6 Reuter AN OFFICIAL discount rate rise in Japan before the end of the year is unlikely unless the dollar strengthens markedly, many bank and money house managers say. The Bank of Japan's (BOJ) confidence that price rises will not accelerate and the
      Reuter  -  340 words
    • Article
      Forex markets
      976 6 SINGAPORE: The US dollar drifted lower yesterday morning on position taking in anticipation of BOJ's intervention. Also, some market participants wanted to keep square ahead of the release of the decision from the Bundesbank's Council Meeting yesterday evening. European market players, however, bought the dollars back up again
      976 words
    • Article
      Lock icon IMM
      312 6 Reuter IMM currency futures ended mixed and near the day's lows after a choppy session on Wednesday. Position squaring pushed most contracts towards session lows in late trade ahead of the regular Bundesbank council meeting yesterday. Expectations that the West German central bank would raise rates by at least
      Reuter  -  312 words
    • Article
      Asian $ market
      239 6 Asian market ASIAN dollar deposit rates ended at their opening levels after quiet trading yesterday. Dealers said players were cautious ahead of yesterday's Bundesbank council meeting and the release of US September employment data today. Short-dates and term rates were mostly steady at the outset and remained unchanged in subsequent
      239 words
    • Article
      Comex gold/ silver futures
      161 6 wiwmifBimi ■■-..-i. Gold futures on October 4, 1989 100 troy ounces. USS per troy ounce Opan High Low Sa Wa Oct 366.80 367.30 366.70 367.00 0.10 Nov 369 50 +0.10 Ok 371.50 372.20 371.10 371.50 +0.10 Fab 91 375.00 376.00 375.00 375.60 0.10 Apr 379.40 379.40
      161 words
    • Article
      Lock icon Simex
      540 6 Reuter EURODOLLAR futures closed higher on short-covering and buying interest in moderately active trading yesterday, dealers said. Market activity was focused on tonight's Bundesbank council meeting for possible hikes in key West German interest rates,'' a dealer said yesterday. They were also awaiting today's US September job data for
      Reuter  -  540 words
    • Article
      Money markets
      59 6 THE overnight rate on the Singapore money rose by 1/8 point to 57/16 per cent yesterday. Term rates remained unchanged. The overnight mode was 5-3/8. S$ Interbank rates at ttte close yesterday: OFH MO Ovtr3 7/1* S 5/16 1-mon* 5 5/16 5 3/16 2-mon* 5 5/16 5 3/16
      59 words
    • Article
      Government securities market
      98 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity MO OFFW KVGH LOW 3 months BQ*****Z 04.01.90 4.34 4.29 4.30 4.30 6 morrttw BS*****V 18.01.90 4.28 4.23 1 y«or BY*****F 24.05.90 4.37 4.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's cwit > rate
      98 words
    • Article, Illustration
      World interest rates
      200 6 inaiciifi in€ ivlflQl Of tha prim* fending rates o4 12 major banks In Singapore Interbank market rates (offer/bid) on Oct 5 US$ DM SWFC Ymn 7 tori 4 l/l* IS/14 14 5/14 J/14 4 1/4 4 1/1 l/l 5 1/1-5 1/1 I m* 9 1/14 15/14 14
      200 words
    • Article
      Options
      1215 6 CURRENCY FUTURES OPTIONS Thuodoy, October 5, 1989 DEUTSCHE MARK (SIMEX) Dm M calls Dm M put* Hlgd Low Mi m«f> Low SM 52 53 54 JAPANESE YEN (SIMEX) c»ll» DwNfuk HVi Lot M NVi lw M 77 CURRENCY FUTURES OPTIONS IMM Wawdnasday, October 4, 1989 BRITISH POUND 1*2,500; cant»
      1,215 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      72 6 /HlSy Tiro Consulting Services Pte Ltd a member of MERC Partners International is pleased to announce that we are moving to our new premises on October 7, 1989, at #02-01 Yen San Building 268 Orchard Road Singapore 0923 PABX Tel: *****66 (4 lines) FAX: *****55 For assistance in executive search
      72 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US dollar-ringgit rate likely to be stable
      315 7 Bernama A QUARTERLY SURVEY conducted by Bank Buruh shows that currency market dealers expect the exchange rate between the US dollar and the ringgit to remain stable for the rest of the year until September next year. The dollar is expected to remain
      Bernama  -  315 words
    • Article
      Lock icon Call for 10-year debt moratorium for Africa
      188 7 Reuter ZAIREAN President Mobutu Sese Seko on Wednesday called for a "Marshall plan" for Africa that would include a 10-year debt moratorium with repayment in local currency earmarked for development projects. In a speech to the General Assembly, which was interrupted by hecklers,
      Reuter  -  188 words
    • Article
      Lock icon Soft-landing goal for US economy met, says Fed
      315 7 AFP THE Federal Reserve Board (Fed) has achieved its goal of bringing the US economy in for a "softlanding", one of the governors of the US central bank said on Wednesday. "There are many reasons to be pleased with our economic performance
      AFP  -  315 words
    • Article
      Lock icon UK national insurance cuts likely to boost spending
      235 7 Reuter CUTS in mandatory employee contributions to Britain's social security scheme, effective yesterday, will increase the purchasing power of millions of UK consumers at a time when the government is trying to rein in spending, economists say. The £2.8 billion cuts in
      Reuter  -  235 words
    • Article
      Lock icon BOJ still unhappy with dollar's levels: bank official
      258 7 Reuter THE BANK of Japan is still unhappy about current levels of the dollar i against the yen, and it wants to break i the halt in the dollar's slide, a senior central bank official said. The official told Reuters that policy
      Reuter  -  258 words
    • Article
      Lock icon Expected shift in California law prompts banking frenzy
      634 7 NYT STOCKS OF independent California banks that have previously gone without much notice are being bid up. The recent acquisition of four banks anticipates a shift in California state law that will allow banks in other states to enter California banking, beginning
      NYT  -  634 words
    • Article
      Lock icon Taiwan's foreign currency reserves rise
      125 7 Reuter TAIWAN'S foreign currency reserves have grown slightly because of interest income, but rising capital outflow will restrain further growth. Central Bank officials said. The reserves rose to US$74.B billion on Oct 3 from U5574.4 billion in August and US$69.l billion at the same time
      Reuter  -  125 words
    • Article
      People's Insurance to install $1 m system
      226 7 THE PEOPLE'S Insurance Company (PI) will install a $1 million computer system as part of its preparation for the next expected surge in the general insurance business in Singapore. The system will enable speedier processing of applications and claims the company receives. As
      226 words
    • Article, Illustration
      Swiss Volksbank's branch ties in with global strategy
      347 7  -  OFFSHORE UNIT ACTIVE IN FOREX, MONEY MARKET OPERATIONS By QUAK HIANG WHAI SWISS VOLKSBANK has set up an offshore branch in Singapore as part of its global strategy to deal in the foreign exchange and securities business. This was announced yesterday by
      347 words
    • Article
      Bank Loans to building sector up 16pc in July
      351 7  -  -by< QUAK HIANG WHAI BANK CREDIT to Singapore's building and construction sector surged by 16 per cent in July, its first double-digit growth in more than two years. According to the latest monthly bulletin of the Monetary Authority of Singapore, housing
      351 words
    • Article
      Lock icon West German bank links up with Stanchart
      283 7 AFP THE BIGGEST West German gov-ernment-owned bank, Westdeutsche Landesbank Girozentrale (WestLß), announced an agreement on Wednesday with Britain's Standard Chartered Bank pic enabling WestLß to expand its presence outside West Germany considerably. The Duesseldorf-based bank said that the three parts of the agreement,
      AFP  -  283 words
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      Page 7 Advertisements Column 1
      77 7 A Focal Finance Focal Finance Limited Incorporated in Singapore (A Member of the OCBC Group) ANNOUNCEMENT Pursuant to Artide 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at the end of the third quarter of 1989, beneficial
      77 words
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      Page 7 Advertisements Column 2
      46 7 m BaM—i fWH rmai I K^^k. INDIVIDUALITY. HANDMADE FROM FINE. YET HARD-WEARING HIDES. THE CAMBRIDGE LEATHER COLLECTION HAS A PURITY AND SIMPLICITY OF DESIGN THAT IS UNMISTAKABLY DUNHILL ill VISIT ALFRED DUNHILL AT HILTON INTERNATIONAL HOTEL. CENTREPOINT AND LEADING DEPARTMENT STORES eeocMX 37«» a s r
      46 words
  • Page 7 Miscellaneous
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  • COMMODITIES
    • Article
      Lock icon Hope of short-term recovery for coffee slim: analysts
      428 8 PRICES NOW ALMOST HALF OF JANUARY LEVELS AFP COFFEE PRICES continued to fall In London on Wednesday, after hitting their lowest levels in 14 years the previous day. Analysts said that they did not expect the market to stabilise for at least
      AFP  -  428 words
    • Article
      Lock icon Makers of rubber products in Malaysia want increased sterilisation capacity
      468 8 Bernama THE MALAYSIAN Rubber Products Manufacturers' Association (MRPMA) has called on the Malaysian government to increase the capacity of the facility to sterilise surgical gloves and other medical products through gamma ray irradiation at the Tun Ismail Atomic Research Centre.
      Bernama  -  468 words
    • Article
      Lock icon Independent oil producers to continue cooperation with Opec
      240 8 Reuter OMAN'S Minister of Petroleum and Minerals Said bin Ahmed al-Shanfari said independent oil producers would continue to cooperate with Opec to keep oil prices stable, regardless of the group's current surplus output. "Non-Opec countries shall continue cooperating with Opec regardless of
      Reuter  -  240 words
    • Article
      Rubber
      387 8 SINGAPORE: Rubber prices closed easier yesterday, with November One RSS buyer quoted at 166.75 cents a kg, down 1.75 cents from Wednesday's close. Dealers said prices drifted lower after moderate afternoon trade on some speculative selling in response to lower Japanese markets. On the TSR-20 Award market, prices closed
      387 words
    • Article
      SSR and SMR
      78 8 (c«nli/kg) NOVEMBER 1989 DECEMBER 1989 (currant month) (forward monlti) NOON NOON R AS Buyers S*ll*n Buyer* SeWeo SSR 30 156.50 158.50N 157.50 159.50N SSR 50 154JO 156.50N 155.50 157JON MRELB Bwyan S*JWn Buyert S*H*n SMR CV 224.00 226.00N 226.00 228.00N SMR L 224.00 226.00N 226.00 228.00N SMR
      78 words
    • Article
      KL Tin
      184 8 RENEWED BUYING interest helped the Kuala Lumpur Tin Market (KLTM) price recover 12 sen to dose at M 522.21 a kg yesterday, brokers said. London Metal Exchange's (LME) higher closing on Wednesday encouraged higher bids of 235 against offers of 78 at the start, they said. "Consumers who
      184 words
    • Article
      Lock icon Soybean
      202 8 Reuter CBOT SOYBEAN futures relinquished their five-cent gains of midsession and ended mixed on Wednesday, up 3/4 cent to down 1-3/4 cents. Spot November rose 1/4 cent to U555.76-1/2. Firmness in soymeat that was linked to talk of USSR export business helped pull soybeans higher early, traders said. Both
      Reuter  -  202 words
    • Article
      Lock icon Wheat
      190 8 Reuter CBOT soft red winter wheat futures failed to break out of a four-cent range and closed from 1/2 cent lower to 1-3/4 cent higher on Wednesday. Nearby December led the losses and ended at US$4.O9-1/4 a bushel. Traders said the 500,000 tonnes sale of US subsidised wheat to
      Reuter  -  190 words
    • Article
      RAS and MRELB
      284 8 R AS prices In S c*nts/kg, FOB In bates NOON CLOSE Buyers Sellers Buyers Seilerj tnt I RSS Prompt 166.00 167.00N 165.00 166.00N bit 1 RSS Nov 168.00 168.50 166.75 167.25 tot 1 RSS Dec 170.50 171.00 169.50 170.Q0 bit 2 RSS Of 165-50 167.50N 164.50 166.50N
      284 words
    • Article
      Lock icon Crude Oil and Products
      162 8 Telerate SHORT-TERM fuel oil prices were stable in the Singapore market yesterday. Trade was said to be light, with support from the Simex's HSFO futures market. Buyers and sellers were at a stand-off, with offers for end-October-to-early November CST-180 cargoes holding at $95 mt fob Sing.
      Telerate  -  162 words
    • Article
      Produce Prices
      193 8 Chinese Produce Exchange Sellers' noon dosing prices on October 5 (S$/100 kg) Coconut oil Bulk FOB 94.50 Old drum FOB 104.50 New drum FOB 108.50 Copra Mixed (loose) 53.00 sellers Pepper munro* wmn FOB NIW 490.00 Sarawak white FOB foq NLW 480.00 Sarawak special block FOB NLW 380.00
      193 words
    • Article
      London markets
      285 8 London Commodity Exchange Buyer/Seller closing prices on Oct 4 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-jtore London, sellers option CIF London Nov 683/684 (715/720) High/Low 705/663 ion 682/684 (713/715) High/Low 705/664 Sales (7391) Cocoa Dec 724/726 (727/729) High/Low 736/704 Mor 724/726 (717/719) High/Low 736/704
      285 words
    • Article
      Lock icon Precious Metals
      388 8 Reuter HONGKONG: Gold closed higher in quiet and sluggish trade yesterday because investors were cautious of the US dollar's direction ahead of the Bundesbank Council meeting yesterday despite a slightly firmer dollar, dealers said. "The movement of metal prices was linked closely with the dollar, encouraging a choppy
      Reuter  -  388 words
    • Article
      Palm Oil
      518 8 MALAYSIAN CRUDE PALM OIL FUTURES finished slightly easier on the Kuala Lumpur Commodity Exchange (KLCE) yesterday on some selling pressure. Dealers said the market opened slightly easier following Wednesday s softer tone as a result of long liquidation. However, losses were checked by the good interest in the
      518 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      82 8 $9.00+ per person I For 1 to 4 persons 3 courses with soup For 5 to 6 persons 4 courses with soup For 7 to 8 persons 5 courses with soup (includes 1 'live' fish dish) f 6 courses with soup f Price includes dessert, coffee tea Five minutes v
      82 words
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      Page 8 Advertisements Column 2
      44 8 ITALIAN ORIGINAL Chrome steel/black painted frame Genuine leather seat. Colour: Black WASSII.I $299 BARSTOOL TITr wifh arm pads $199 AWAtOT disegmo collezione Pte Ud Our new address: World Trade Gentrr #02-.')o. Singapore 0409 Tel: 271 6611 Fax: 271 7711 BUSINESS HOUR: 12 noon pm
      44 words
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  • FOCUS
    • Article, Illustration
      Lock icon A difficult nut to crack
      1337 9  -  Foreign investors face limited access to West Germany Although it is an enthusiastic importer of foreign goods, West Germany has shown a decidedly cooler response to foreign investors. Any outsider eyeing a West German enterprise faces a host of obstacles. From Frankfurt, RICHARD SMITH examines
      IHT  -  1,337 words
    • Article, Illustration
      Lock icon A little night shopping
      561 9 Reuter A QUIET REVOLUTION took place in West Germany yesterday as retailers stayed open late in the evening for the first time in more than a hundred years. Large retailers, such as Karstadt, Kaufhof AG and Horten AG, have decided they cannot afford to miss out
      Reuter  -  561 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      270 9 THE NEW ALFA 164 ll?-^#.^ ii I I IBPHMBMBBMMWMWMHMMMPiMMBBMMBMMBW——I^— ,l 1 1" n Mil «im ■>■>■■■ m^mm* ■f L# .J 1 V-- Alfa 164 3.0 i Auto $142,500 ARFon the road ALFA 164 3.0 i The Sporting Elite The ALFA 164 3.0 i redefines supreme ALFA 164 3.0 i, made
      270 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      45 9 l ;i f /ggg g Uvf D (IBBP*TS me LET'S rvb* JONES- ComeRND 3 J "Z s K VTnf? G&tt-N see you hrkc x fbST6Oy) or this bftek rll lr\ r> SffiCaL&A- VoiiS I ZaT" 'jl (&PJ L-LIP\NT PiV£. eR m smmmthmoahdCO.ltd,lW-IW J VicW^*"" 7
      45 words
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  • PERSPECTIVE
    • Article
      Cool heads, calm waters
      470 10 BUSINESS TIMES FRIDAY, OCTOBER 6, 1989 EN GARDE! That may be the reading across the Causeway of the recent debut of a PAP activist group and its trenchant pronouncements. In addition to promoting greater understanding of political developments in the region, the group has also taken
      470 words
    • Article, Illustration
      Lock icon Breeding tomorrow's industrial specialists
      1946 10  -  Direct involvement in industrial training was once a necessary distraction for the Economic Development Board. But since the first training centre was set up in 1972, the investment agency has grown into its role as a trainer. Today, in addition to catering to the immediate needs
      Source: Klaus Krueger, GSI  -  1,946 words
    • Article, Illustration
      Singapore brain fascinates head of German-Singapore Institute
      822 10 THE DIRECTOR of the German-Sin-gapore Institute (GSI) is fascinated with the Singapore brain. "People here have another kind of brain, very different from us the Germans. The students of GSI are very good at understanding software, their thinking is very structured," observes Mr
      822 words
    • Article
      Using faster training to leave the rest trailing
      177 10 THE WAY to keep ahead of the competition is through technology. Singapore's strategy is clear: to train its workforce for the world of technology faster than others and to make use of the latest available technology ahead of others. This is illustrated
      177 words
    • Article, Illustration
      Lock icon Fallacy of a red Marshall Plan
      1246 11  -  EASTERN EUROPE The very idea of a Marshall Plan to reconstruct the Soviet Union and its satellites appears to be flawed. LAN DAVIDSON argues that the problem lies in the fact that while the recipient countries of the original Marshall Plan were established democracies,
      FT  -  1,246 words
    • Article
      Lock icon Report predicts rocky path ahead and outlines fears
      824 11 US-CHINA RELATIONS NYT A SECRET ANALYSIS prepared for the Chinese leadership says that China's relationship with the United States has deteriorated sharply and will continue to be shaken by new conflicts, but that President George Bush is quietly trying to limit the
      NYT  -  824 words
  • Page 10 Advertisements
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      157 10 W*T VttiM PUB RATIO FISCAL TEAR RANK maHMUM. MM* HUMM soon be privy 5 to the S AUTHORITATIVE S RANKING S of Asia-Pacific's 3 top companies 15 and banks. em S Introducing The BILLION Directory. The authoritative TZ3M report that ranks the region's top 3M 100 industrial companies by sales
      157 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      34 11 y»9 et Average daily circulation 1 *»>,, "5 H fi A 27 \-f II t ;lioj7 i»6. T t J"-^ 4 *>« »<;•£* I u ir %*£<• te 1 tM b»ow P .j^ e tw ■Ml \9st?« 83
      34 words
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  • Article, Illustration
    Subaru proudly presents the Legacy
    1719 12 BT SPECIAL ADVERTISING FEATURE A luxury saloon with thoroughbred prowess. A spacious, big-bodied vehicle with sports-precision handling. It boasts of a strong and silent high-tech engine that's unbelievably stable and remarkably maintenance-free. And a wind-sculptured body that causes palpitations. A car that snatched the 100,000
    1,719 words
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  • Article, Illustration
    Luxury, power, safety
    254 13 sg.a,-. < t Four is better titan two iSS£LSSISSS I trwwlormlnQ powsr to n^htygyto XSI^^SSSSSS^f mmm At jw®v®fldon of srcasjrs.y saaegj -J, fc i^~«aa»ra*g«raß aMlaa Mjft. 4 Th& tne safe mobile Th«rc art to many mnwqutnt a< tha Subaru MMy dapvtmMl you'd gL A I, ,ji| in
    254 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Yemenis try to save an architectural gem
      661 14  -  PRESERVATION JAMES ANDERSON Reuter FORGOTTEN for centuries by the outside world, the Yemeni city of Sanaa is an architectural jewel. Houses up to nine-storeys tall, some leaning gracefully askew, stand in a compact jumble within the city walls. Weathered facades of soft brown
      Reuter  -  661 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1004 14 f Where tv entertain... Where tv entertain... Where tv entertain... Where tv If you knew sushi. ■ppv m M jmf J^H Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. IfMOfKU Thi WistinPiaza -~-v<""' Westin HonisaJUsaan THE
      1,004 words
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      Page 14 Advertisements Column 2
      228 14 I CTDT) This month, you can taste delectable Sichuan dishes in IIILJ a sumptuous lunch buffet. There's a choice of over 35 js<h tioor favourites so deliciously spicy youH keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30 pm Adult: $25 Child
      228 words
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  • Article, Illustration
    Lock icon If you can spend it there ...
    1040 15  - If you can spend it there WEALTH By MARY CANTWELL NYT "THERE IS an Arts and Crafts carpet to die for, and the most fantastic quilt I've ever seen. You've got to go." The speaker, who was sitting opposite me at dinner, had just installed three of the displays at
    NYT  -  1,040 words
  • SHORT TAKES
    • Article
      Polo is good for the Image: Prince Charles
      170 15 BRITAIN'S Prince Charles says that playing a game of polo helps him maintain an image of a strong, tough leader. The prince also says in an interview published in the autumn issue of Polo Life that playing polo renews his mental and
      170 words
    • Article, Illustration
      From a barren stage to a magic playground
      253 15 "MOST ARCHITECTS design a building and then leave it," said the 42-year-old London architect Mark Fisher. "We take a barren jock-style stadium and transform it into a fantasy environment." The environment in question, which is put up and taken down 34 times
      253 words
    • Article
      Flying Circus Graham Chapman dies
      151 15 GRAHAM CHAPMAN, a founding member of Monty Python's Flying Circus, died on Wednesday of cancer in Britain, a spokeswoman for the group here announced. He was 48. Chapman was educated at Cambridge University and began his career as a physician before the creation of the
      151 words
    • Article
      Lock icon The other Nobel Prize winners are...
      198 15 Agencies THE NOBEL PRIZE season has begun honouring. in the words of founder Alfred Nobel, "those who during the past year have conferred the greatest benefit on mankind". But Jakob von Uexkull, founder of the ecologically-oriented Right Livelihood Award which has been dubbed "The
      Agencies  -  198 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      159 15 entertain.,,, j Sip Tea I In The Park I And You'll I See The Best I Dressed Women.! On Saturdays High Tea is very fashionable at Fountain Lounge. Not only will you see some of I Singapore's best fashions being paraded during our HI Fashion Show, you U also enjoy
      159 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      687 15 CRYPTIC PUZZLE —HP HP —HHH* —I —[5 —I —I —l Oversupply with eats 30 Moral principle (5) ACROSS _JH__W 31 Cornish town (5) 4 Prince who keDt M HI H H EASY PUZZLE 32 Ve o etable < 4 > »«ch7 (6) U y H H ACROSS H,gh m t
      687 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1285 15 TV and RADIO Soldiers-of-fortune Starring Lm Marvin, Claudia Cardinal*, Robert Ryan and Woody Strode (from loft) in Tfta Profession*!* OUR CHOICE Tiananmen Square, Friday BackTHE PROFESSIONALS, 0.30pm, ATM oroun<j0 roun<j *°nders about the credibility 2 of communism. Next, interviews with a few millionaires in The Million Dollar It might be
      1,285 words
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  • SPORTS
    • Article, Illustration
      Lock icon Aussies rising in the sun
      453 16 TENNIS AP THE FOURTH-SEEDED TEAM Bulgaria's Maleeva sisters fell victim to a hot Tokyo sun and the stamina of an underdog team from Australia yesterday in the quarter-finals of the Federation Cup international women's tennis tournament. Following Katerina Maleeva's expected victory over Australia's Elizabeth Smylie,
      AP  -  453 words
    • Article
      Lock icon Mecir defeats Muster
      76 16 AP OLYMPIC champion Miroslav Mecir of Czechoslovakia overwhelmed Austria's Thomas Muster 6-2, 6-1 in third-day play at the U*****,000 Stuttgart Classic tennis tournament on Wednesday. In other action, Ivan Lendl of Czechoslovakia defeated CarlUwe Steeb of West Germany 6-4, 6-4 and American John McEnroe edged Henri Leconte
      AP  -  76 words
    • Article
      Lock icon Edberg rallies to beat Cherkassov
      261 16 AP AFP TOP-SEEDED Stefan Edberg rallied after a slow start to defeat Andrei Cherkassov of the Soviet Union 3-6, 7-6 (7-3), 6-1 in the first round of the U*****,000 Swiss Open tennis tournament in Geneva on Wednesday. The Swede, ranked third worldwide, had surprising initial
      AP; AFP  -  261 words
    • Article
      Lock icon Kite could take top spot on PGA's money-winning list
      422 16 GOLF AP TOM KITE could take over the top spot on this year's PGA mon-ey-winning list with a victory in this week's Texas Open. Fresh from a US victory over Japan in Dunhill Cup play in Scotland last weekend. Kite is
      AP  -  422 words
    • Article, Illustration
      Lock icon Duran-Leonard bout provokes war of words
      472 16 BOXING AP THE COUNTER PUNCHES came quickly on Wednesday when a reporter suggested that Sugar Ray Leonard and Roberto Duran had agreed to fight on Dec 7 only because of money. "I thought that's why they called them professionals," promoter Bob Arum said. "You
      AP  -  472 words
    • Article
      Lock icon Camacho to defend welterweight title against Pazienza
      184 16 AFP AP HECTOR "Macho" Camacho will defend his World Boxing Association junior welterweight title against Rhode Island's Vinny Pazienza in a fight on Feb 3, it was announced in Providence on Wednesday. Camacho will receive more than US$l million for his participation. Pazienza
      AFP; AP  -  184 words
    • Article
      Lock icon Legendary Triple Crown winner put down
      287 16 HORSB-RACING AP SECRETARIAT, whose 1973 Triple Crown triumph stamped him as the "people s horse," was humanely destroyed on Wednesday. He was 19 getting on for a horse but awfully young for such a great guy. "Maybe he was not the world s greatest
      AP  -  287 words
    • Article, Illustration
      Lock icon Bitter feud at the top
      587 16 MOTOR-RACING AP BRITISH DRIVER Nigel Mansell's appeal of his fine and one-race suspension for ignoring a black flag at the Portuguese Grand Prix, to be heard yesterday, underlies a bitter feud between the two dominant teams and top drivers in Formula One racing. Mansell was
      AP  -  587 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      133 16 IMPROVE YOUR GAME WITH XHRQHJDIH r > y The mod name designed SsrsX to give you a better feel and confidence in shot-making. /^9VII|| The new Arcadia PRO I and PRO II persimmon woods and forged irons iy f are specially designed to give touring pros and serious amateurs a
      133 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon AMMB revamp gives it more flexibility
      876 17 HOCK LOCK SIEW THE RESTRUCTURING exercise that Arab-Malaysian Merchant Bank Bhd (AMMB) proposed last week is simplistic in content at first sight. The only change to the structure is the addition of a new investment holding company, Newco (in lieu of a better name
      HOCK LOCK SIEW  -  876 words
    • Article
      Micky Kon appointed Bonvests executive director
      184 17 BONVESTS HOLDINGS Ltd appointed the group general manager of Haw Par Brothers International, Mr Micky Kon Hong Shin, to succeed executive director Kuik See Juan on Oct 1. Mr Kuik resigned from Bonvests last month. He will be joining broking house Kay Hian James
      184 words
    • Article
      APPROVED ISSUES
      286 17 Company RIGHTS ISSUE Causeway Inv (enounceoble rights issue of $7 25m nominal amount of unsecured notes with TSRs to subscribe for new Cousewy shares Shareholders will be allotted $1 nominal amount of loon stock with one TSI for every four existing shares held Ex date: Aug 24 Books
      286 words
    • Article
      YHS, Temasek finalise takeover of US canned-food company
      350 17  -  By WILLIAM CHIA THE US$52 MILLION acquisition of American canned-food company Chun King by beverage group Yeo Hiap Seng and its joint-ven-ture partner Temasek Holdings (Pte) Ltd has been concluded, probably the biggest deal of its kind by a Singapore group. YHS
      350 words
    • Article, Illustration
      Arab-Malaysian stands behind Cima's profit forecast
      603 17 CEMENT INDUSTRIES of Malaysia's (Cima) pre-tax profit forecast of M 516.7 million for the year ending June 30. 1990. is "realistic'' as it is based on the company's track record, its actual results for the last three months and other related factors. "The forecast
      603 words
    • Article, Illustration
      Lock icon UMW Holdings pays off M%45 million term loan
      709 17 MBT BARELY TWO WEEKS after shareholders rejected its debtequity conversion proposal, UMW Holdings has paid off the entire term loan of M$45.42 million to its creditor banks. The payment came from a combination of internally generated funds, from UMW's traditional equipment companies
      MBT  -  709 words
    • Article
      Lock icon Positive outlook for Tractors Malaysia's motor division
      299 17 Bernama TRACTORS MALAYSIA BHD. a leading heavy equipment company in Malaysia which is also engaged in the assembly and sale of passenger and commercial motor vehicles, sees a positive outlook for its motor group for at least the first half of the current
      Bernama  -  299 words
    • Article
      Lock icon Silverstone obtains M$40m loan
      210 17 Bernama AMALGAMATED STEEL Mills Bhd subsidiary Silverstone Tire and Rubber Co Sdn Bhd has obtained a Ms4o million loan from a consortium of six banks to help finance the completion of its Ms 72 million tyre factory in Kamunting. near Taiping Silverstone chairman William Cheng said
      Bernama  -  210 words
    • SES
      • Article, Illustration
        Stocks close mixed in moderate trading
        1090 18  -  -by ABDUL HADHI EARLY SPILLOVER BUYING interest on the Singspore stock market failed to be sustained and share prices closed narrowly mixed on moderate turnover yesterday. Dealers said intermittent prof-it-taking brought the Straits Timee Industrials Index down by 3.28 points to 1.404.98. while the
        1,090 words
      • Article
        Unit trusts
        305 18 Managers' prices for Oct 6 Royal Trust Asset Mgt *T S pore Gr Fund 0.885 0.945 *T Asia-Pac Gr Fund 1.155 1.215 Asia Unit Trust Md lnv»st Fund 163 172 Mai Prog Fund 0*5 0 48 Mai Sacurity Fund 0 43 0 46 Mai Berjaya Fund 055 0
        305 words
      • Article
        COMPANY MEETINGS
        48 18 BUKIT KATIL RUBBER ESTATES BERHAD: 75th AGM at No. 22 (Upper floor of No. 20). Jalan Hang Jebat, ***** Melaka, today at 11am. QULA PERAK BERHAD: AGM at Malacca Room. Lower Lobby. Shanflri-La Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, on Oct 16. Monday, at 10am.
        48 words
      • Article
        SES SHARE INFORMATION
        6310 18 Gr'a Gr's 19M Tel Last Vol Day Last Quota Dlv Dlv rid NH M Cap High Low Coda Company Sala or- ('000) High Low Buyer Sailer C'vr P/E Smll OCT 05 DAILY SESDAQ 27 5 120 4000 Amtek Eng 20* 264 onch 17 267 264 263 265
        6,310 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices finish off-best
        3633 19 MBT SELLING in the afternoon caused share prices to close oft-best on the Kuala Lumpur stock market yesterday in active trading. Nevertheless, the underlying firm tone made it the fourth straight advancing session this week. Brokers said blue chipe, which have been forging ahead lately, pulled
        MBT  -  3,633 words
    • REGIONAL MARKETS
      • Article
        Lock icon Japanese keen to buy US thrifts
        255 20 Reuter JAPANESE institutions, looking for high returns on their investments, may find just that among the many US savings and loan associations searching for new partners and more capital. "There's been a flood of interest from the Pacific Rim, including the Japanese, 1 Danny
        Reuter  -  255 words
      • Article, Illustration
        Lock icon Late rally lifts prices
        657 20 Tokyo Reuter INDEX-LINKED buying, possibly by investment trust funds, drove prices up on the Tokyo market just before the close yesterday. The key Nikkei was also up in the morning. but it sank in the early afternoon as dealers took quick intra-day profits. Electricals led gains,
        Reuter  -  657 words
      • Article, Illustration
        Lock icon Prices end weaker
        515 20 Australia Reuter AUSTRALIAN shares yesterday rose from their afternoon lows to end the day marginally weaker. The All Ordinaries Index closed 2 points down at 1773.4. Dealers said short-cov-ering brought the index up from its low of 1763.6 but further weakness could be expected as the market
        Reuter  -  515 words
      • Article, Illustration
        Index breaches 2,800 mark
        1318 20 Hongkong A LATE ROUND of buying before the market close yesterday pushed the Hang Seng Index to end at another post-June 4 record high for the third straight day yesterday and breached the 2,800 mark. The index ended 8.78 points up at 2,803.17. "The bullish run
        1,318 words
      • Article
        Lock icon Taipei: Bears on rampage
        545 20 Reuter THE TAIWAN stock index yesterday closed just oft its lows for the day after a session of gloomy trading that saw turnover dwindle. The weighted index dropped 352.18 points, or 3.6 per cent, to end at 9.317.76 against Wednesday's 9.669.94 close and a low of
        Reuter  -  545 words
      • Article
        Lock icon Bangkok: Index up
        188 20 Reuter The Securities Exchange of Thailand Index rose 11.81 points to 680.63 on a turnover of 16,010,129 shares worth 2.063.23 million baht. Reuter OCT Oi BAMT American Standard Ao Kham Thai 390 Ayudhya Invaatmant 41 +1 Bangkok Agro-lnd 64 unch Bangkok Bank 297 -2 Bank 01 Ayudhya
        Reuter  -  188 words
      • Article
        Lock icon Manila: Moderate trade
        100 20 Reuter mauiioi mwMwi MANILA Share prices surged in moderate trade yesterday as investors, who stayed away following the death last week of ex-president Ferdinand Marcos, returned to the market. The Manila Stock Exchange Composite Index rose 37 38 points or 3.3 per cent to close at 1.159.21.
        Reuter  -  100 words
      • Article
        Lock icon Seoul: Easier finish
        257 20 Reuter SEOUL stocks closed easier yesterday on talk that the central bank would impose liquidity tightening measures in October. The Composite Index before the cloee stood at 925.11. down 4.17 from Wednesdsy. Turnover was moderate at 220.1 billion won compared with 157 billion on Wednesdsy. The central
        Reuter  -  257 words
      • Article
        Lock icon Bombay: Third fall In a row
        187 20 Reuter BOMBAY share prices closed sharply lower for the third consecutive day yesterday, after the government ruled out moves to remove price controls on steel. The official denial, a week after rumours about decontrol set off a big rally, triggered nervous long liquidation across
        Reuter  -  187 words
      • Article
        Lock icon New Zealand: Prices tumble
        147 20 Reuter NEW ZEALAND share prices fell 17.14 points to 2,309.97 on the Barclays index on profit-taking in quiet trade yesterday. One broker described Wednesday's surprise rally, which followed the collapse of investment bank DFC, as "a sudden rush of blood to the head." "People are now
        Reuter  -  147 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Another record close for Dow
        906 21 New York Reuter WALL STREET stocks turned in another record performance on Wednesday as investors, lured by a strong dollar and afraid of missing the rally, poured money into stocks. Traders said a recovery in recently-depressed technology issues helped fuel the advance. The Dow Jones
        Reuter  -  906 words
      • Article, Illustration
        Lock icon Trading starts on nervous note
        879 21 London Reuter LONDON share prices opened mixed with an easier bias in nervous trade yesterday as operators marked time ahead of a possible rise in West German interest rates at yesterday s Bundesbank council meeting. "The market has largely discounted a half point rise in
        Reuter  -  879 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1794 21 Reuter AMSTERDAM: Dutch share prices were firmer in cautious midsession trading yesterday with attention focused on the Bundesbank which was widely expected to decide later yesterday afternoon to increase its leading interest rates. Blue chips were largely firmer. Unilever added 1.50 guilders to 156.7. Royal Dutch put
        Reuter  -  1,794 words
      • Article
        Lock icon Merieux likely to win battle for Connaught, say analysts
        590 21 Reuter FRANCE'S Institut Merieux SA has emerged as the likely winner in the takeover battle for Canadian biotechnology company Connaught Biosciences Inc. according to analysts. Rival suitors Ciba-Geigy Ltd and California-based Chiron Corp earlier declined to match Merieux's C 5942 million
        Reuter  -  590 words
      • Article
        Lock icon Lockheed's talks with union set to move into high gear
        312 21 Reuter CONTRACT talks between Lockheed Corp and the International Association of Machinists and Aerospace Workers union (IAM) are about to move into high gear following Wednesday's strike against Boeing Co. a union spokesman said. IAM negotiators representing about 20,000 Lockheed
        Reuter  -  312 words
      • Article, Illustration
        Lock icon Harrisons expects second half growth similar to first half's Bpc
        299 21 Reuter PLANTATIONS and animal feeds group Harrisons and Crosfield pic said profits in the second half of the year are unlikely to grow significantly faster than the 8 per cent recorded in the first half. It intends to recommend a
        Reuter  -  299 words
      • Article, Illustration
        Lock icon Ruder sees room for two regulators
        166 21 Reuter FORMER US Securities'and change Commission chsirmsn Dsvid Ruder said it would be preferable to have one agency!, regulate equity instruments, but' hs said dual regulation could work if the agencies worked cloeely together. Mr Ruder, who completed his 1 SEC term last week,
        Reuter  -  166 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      136 17 Chuan Hup Holdings Limited UJ5.528,000,000 Guaranteed Floating Rate Notes due 1990 In accordance with the provision of the Notes notice is hereby given that for the six month period from 6th October 1989 to 6th April 1990, the Notes will carry a rate of interest of 9.1625 per cent, per
      136 words
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      Page 17 Advertisements Column 2
      119 17 V It took more than 10,000 hours to develop m this masterpiece. IB. BlancpaiN Exclusively at The Hour Glass m&*- i J sr.' 2»* i **a 1 Bankers Trust Company *k H This is an opportunity for you to join a growing and progressive organisation. We invite applications for the
      119 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      754 20 NOTICES IN THE MATTER OF TUB COMPANIES ACT. 1 CAP. 80 and IN THE MATTER OF L DEVELOPMENT CONSULTANTS PTE LTD 1 (In Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 7500 A Beach Road #11-330/322, The Plasa. Singapore 0719 on Monday, 2nd October 1968 1
      754 words
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      Page 20 Advertisements Column 2
      823 20 IN THE MATTER OF rHE COMPANIES ACT. CHAPTER 80 AND IN THE MATTER OF [YRWHITT REALTY CO. PTE LTD IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIV- J 5N pursuant to Section 306 >f the Companies Act. Cap. 0 that the Final General deetlng of the
      823 words
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      Page 20 Advertisements Column 3
      696 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 80 and IN THE MATTER OF PEHCHYELOO INVESTMENT PTE LTD [In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the nembers of PEH CHYE INVESTMENT PTE jTD duly held and conrened at 84 Toh Crescent, Singapore 1760 on 2nd
      696 words
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      Page 20 Advertisements Column 4
      491 20 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND HEAVY EQUIPMENT A PLANT CO PTE LTD At an Extraordinary Oeneral Meeting of the Company held on 29 September 1989 at 11 Collyer Quay #07-02, The Arcade, Singapore 0104 the following resolutions were paeeed:SPECIAL RESOLUTION WINDING-UP That Heavy Equipment A
      491 words
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      11 21 overseas about Singapore. ill*' Stra to nines Subscribe now Call 740-1840/1.
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      Page 21 Advertisements Column 2
      482 21 TIME ENGINEERING BERHAD (Incorporated In Malaysia) INTERIM REPORT 1989 The Board of Directors wishes to announce the unaudited results of the Group and the Company tor the six months ended 30th June 1989 as follows: The Group The Company 1969 19M 1989 1988 000 $'000 Change $'000 $'000 Change +<-)
      482 words
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  • Article
    Lock icon Sentiment on KLSE expected to stay bullish
    249 22 Bernama THE CURRENT strong interest in Malaysian-owned shares on the Kuala Lumpur Stock Exchange is expected to remain bullish and favourable to investors in the long term. Brokers and market analysts in the country believe the market fundamentals are generally strong, especially with
    Bernama  -  249 words
  • Article
    Map shows more future developments
    191 22 THERE ARE plans to allow at least three more high-rise blocks to be built around the Scotts Road/Orchard Road junction, judging from a map released by the Urban Redevelopment Authority (URA). The map, released along with the guidelines for the Parcel A re-tender, shows not
    191 words
  • Article, Illustration
    Call to ensure fair polls for Cambodians
    590 22  -  By BOEY KIT YIN SINGAPORE yesterday called on the United Nations to ensure that the Cambodian people have the opportunity to select their own leaders through fair and democratic elections held under international supervision. Speaking at the 44th UN session in New York,
    590 words
  • Article
    Lock icon Asean asks Japan to open market wider
    247 22 AFP THE ASSOCIATION ol South-east Asian Nations (Asean) asked Japan yesterday for greater market access, increased investments. and debt reduction in the face of the appreciating yen. The proposals were contained in a statement issued at the close of the 11th Asean-Japan forum
    AFP  -  247 words
  • Article, Illustration
    Lock icon New guidelines for re-tender of site next to Liat Tower
    337 22  -  Tenderers given nine weeks to re-submit bids By LEE HAN SHIH Property Correspondent THE FOURTEEN companies that took part in the first tender for a plot of land next to Liat Tower have been given just nine weeks to re-submit
    Source: URA  -  337 words
  • Article
    Defence fails in bid to re-open evidence related to D'Souza
    664 22  -  PM LEE'S LIBEL SUIT AGAINST FEER Case adjourned to Monday By SHOEB KAGDA THE COUNSEL for the Far Eastern Economic Review yesterday closed his case in the libel suit brought against the magazine by Prime Minister Lee Kuan Yew after
    664 words
  • Article
    Lock icon Li Peng and Jiang Zemin now in charge: Deng
    147 22 AFP SENIOR LEADER Deng Xiaoping said yesterday that Premier Li Peng and Communist Party Secretary General Jiang Zemin were "in charge" in China. Mr Deng, 85. has announced his intention to step down several times in recent years, but this remark
    AFP  -  147 words
  • LATE FILE
    • Article
      Lock icon Takeover offer for AMR Corp
      50 22 Reuter REAL-ESTATE magnate Donald Trump has made an unsolicited takeover offer for AMR Corp, the parent of American Airlines, valuing the company at more than US$7 billion. AMR said that its board would consider the proposal but cited its oft-stat-ed wish to remain independent. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Dalai Lama wins Nobel prize
      54 22 AFP THE 1989 Nobel Peace Prize was awarded yesterday to the 54-year-old Tibetan spiritual leader, the Dalai Lama, who has waged a non-violent campaign for the independence of Tibet from his exile in India. The Chinese embassy in Oslo said the decision amounted to interference
      AFP  -  54 words
    • Article
      Lock icon Sino-Indonesian talks in Jakarta
      31 22 AFP INDONESIA and China have agreed to hold talks in Jakarta by the end of November or early December on normalising relations, Antara news agency said yesterday.
      AFP  -  31 words
    • Article
      Lock icon Move to stabilise oil market
      59 22 AFP INDEPENDENT oil producers meeting in Kuala Lumpur yesterday set up a working group which includes Malaysia, the Soviet Union, Oman and Mexico to list goals for future cooperation. A delegate said that the move was meant to promote stability in the oil market and
      AFP  -  59 words
    • Article
      Lock icon Forex drain hits Indian imports
      59 22 AFP INDIA has called a temporary halt to all import-intensive projects in the face of a foreign exchange crunch, The Economic Times reported yesterday. The expenditure ban would bring most projects to a halt, especially in the electronics, shipping and capital goods sectors, which depend
      AFP  -  59 words
  • Article
    Lock icon Comex gold and silver
    71 22 Reuter COMEX GOLD futures were up slightly in early trade yesterday as participants scrambled to buy on the US dollar's slip, following a round of coordinated European interest-rate rises. December gold rose US$O.lO to U*****.40 an ounce. Silver futures moved higher in light early trading. December
    Reuter  -  71 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      180 22 WESTINGHOUSE DELIVERIES ARRIVE THE WAY YOU WANT THEM. COMPLETE AN^^^. There are no system and a sophistithe real world. Either the cated computer network, order arrives complete, I Westinghouse tracks when and where it's sup- |fJ |HpipH| I ever y part of your order posed to, or it doesn't. HH
      180 words
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      Page 22 Advertisements Column 2
      100 22 1&4 ifl grand SLAM W Genuine Penguin Sportswear— JTM Skirts. Shorts Socks I rjf, \Vfl In a wide range of colours. tfl in a variety of stgles. tf// of exceptional quality Sole Agent I Grand Bigw.n Re Ltd Hal leys Dept Store Metro Paragon Mikes Golf Centre Robinsons MALAYAN TRADERS
      100 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Portugal to build Soviet ships
        88 23 Reuter PORTUGUESE STATE shipbuilder Navais de Viana do Castelo EP has signed an US$B6 million contract to build 10 multipurpose cargo ships for the Soviet Union, industry sources said. They said the vessels would be delivered in 1992 under the contract, signed last week. Two
        Reuter  -  88 words
      • Article
        Lock icon India buys Malaysian palm olein
        79 23 Reuter INDIA HAS BOUGHT 6,000 tonnes of refined, oleached and deodorised Malaysian palm olein, traders in London said. They said the olein was for October shipment and India paid U*****.89 a tonne CIF. Indonesian olein was offered more cheaply but for the later shipment position
        Reuter  -  79 words
      • Article
        Lock icon Egypt to bid for US wheat
        70 23 Reuter EGYPT IS BIDDING on 25,000 tonnes of soft red winter wheat for last-half October shipment at U*****.00 per tonne under the export enhancement programme, US exporters said. After widespread confusion early, traders now say Egypt bought 475,000 tonnes of soft red, white and
        Reuter  -  70 words
      • Article
        Lock icon Sailors rescued in Gulf ship fire
        113 23 AFP A CYPRIOT-REGISTERED cargo ship has rescued eight Pakistani sailors in the Gulf after a fire gutted the 450-tonne, Dubai-registered Jameel, the ship's owner said on Wednesday. The seamen were taken to the United Arab Emirates (UAE) port of Dubai. They were picked up
        AFP  -  113 words
      • Article
        Lock icon No strike at South Brazil ports
        84 23 Reuter THE SOUTHERN BRAZIL grain ports of Paranagua and Sao Francisco do Sul are strike-free, national port authority and dockworker union officials said. Union officials in Rio said a strike was threatened for Wednesday but was suspended after the dispute was resolved. Local union
        Reuter  -  84 words
    • Article
      Lock icon Tanker captain fined for negligence
      134 23 Reuter A BRITISH COURT fined the captain of a Cyprus-registered tanker £3,850 on Tuesday evening for negligence in spilling more than 20 tonnes of crude oil into a southern English estuary. Wildlife experts said the spill, which happened on Sunday while the 71,153 dwt Worthy
      Reuter  -  134 words
    • Article
      Index to advertisers
      1176 23 ABC Con(Qin«rliA« XI 5 Accord Shpg VIII 3/4 AFS XHI 3 Ahrenktel liner XII 5 AC Toepfer XIII 5 American Niugim XII 4 Arrow lines XI 5 Assoc Corrtoge XIII 5 AMI III 1/2 A PC lit* VII 4 API V 3-5 ASCI V 1 Atlos line
      1,176 words
    • Article
      Jakarta assesses impact of domestic shipping reforms
      410 23 THE INDONESIAN government is assessing the impact of reforms introduced in the domestic shipping industry last November to decide whether any amendments are necessary. Director-General of Transport J E Habibie said the evaluation is designed to help accelerate the upgrading of the sea
      410 words
    • Article, Illustration
      Call to change focus in shipping aid
      318 23  -  By RAHITA ELIAS A PLEA was made yesterday to international agencies like the United Nations to focus more on the commercial, operational and management aspects of shipping when giving aid to developing countries. Their assistance at present "is too often directed towards the
      318 words
    • Article
      Shipmanager's expertise useful in joint ventures
      255 23 SHIPMANAGERS can be ideal partners in a shipping joint venture, either as an active partner or a broker. This was highlighted by Mr Guy Morel, vice-president for marketing and planning at V Ships, a Monaco-based shipmanager with over 90 ships in its fold. At
      255 words
    • Article
      Lock icon Coast Guard reports largest ever maritime cocaine seizure
      366 23 AP THE US COAST GUARD seized a ship carrying more than 5,000 kg of cocaine and is escorting the vessel to New Orleans. Louisiana, a Coast Guard official said on Wednesday He called it the "largest maritime cocaine seizure in history". The
      AP  -  366 words
    • Article
      Lock icon Key NZ industries hit by strikes
      336 23 Reuter NEW ZEALAND'S ports, meatworks and its major airline were all motionless yesterday as workers confronted management over sweeping changes to the industries. Most significant for the exportdependent country is a four-day-old port strike in a dispute over redundancy agreements and working conditions as
      Reuter  -  336 words
    • Article
      Bunker market report
      540 24 Density Water Cartoon Ash Aluminium Sadlment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30' 0.10' Spec G35 991 1.0 10.0 0.15 30' 0.10* Northern Europe 180 Ave 984 0.2 13.3 0 05 7 0.02 180 Max 994
      540 words
    • Article
      Lock icon Soviets to buy more US corn
      400 24 Reuter THE SOVIET UNION S recent grain buying spree could reach five million tonnes of US corn and 250,000 tonnes to 300,000 tonnes of South American and US soybean meal, US grain traders said. Late on Tuesday, the US Agriculture Department confirmed two million
      Reuter  -  400 words
    • Article
      Lock icon US marshals seize Cypriot ship for exploiting seamen
      142 24 Reuter A CYPRIOT-OWNED ship anchored in the Mississippi River has been seized by US marshals after 17 Filipino crewmen charged they were being illegally exploited. US District Court Judge Marcel Livaudais ordered the MA/ Evryalos, owned by Ocean Safety Shipping Limited of
      Reuter  -  142 words
    • Article
      Lock icon Poland asks US to waive shipping requirements
      281 24 Reuter IN A NEW WRINKLE, the Polish government has asked the US Department of Agriculture to waive legal requirements that most of the food donations be shipped on US Vessels. The so-called cargo preference law mandates that 75 per cent of commodities exported
      Reuter  -  281 words
    • Article, Illustration
      Lock icon Nedlloyd unveils its hatchless containership design
      760 24 Fairplay SPECULATION was rife earlier this year as to who would build the first five hatchless containerships for Rotterdam-based Nedlloyd. Recently, the company's management announced that the contract was to go to Japan. A letter of intent has already been signed and the final
      Fairplay  -  760 words
    • Article
      Container schedules/Ships in port
      1731 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatainer Schedule* Blk Op Gdn Data/Time Time From Time To Booking Gate Al Ahmodioh 59A 07 1089 2000 06/1230 06/1330 Tlx/Fox 2 N3 00 FQ5 07/0430 07/0500 NA 2 An Adelaide ***** 07.10 89 0700
      1,731 words
    • Article
      Lock icon Thai cannery selling illegally caught salmon: US officials
      232 25 AP A CANNERY in Thailand has offered to sell thousands of tons of salmon illegally caught in the North Pacific to French brokers, US law enforcement officials say. The National Marine Fisheries Service, in an internal "trade alert" memo quoting US fish
      AP  -  232 words
    • Article
      London Freights
      1149 25 THE DRY Cargo freight market on Wednesday appears to have broken out of the usual mid-year lull with reports of Panamax vessel fixing by the Soviet Union and a further double points rise in the Baltic Freight Index, brokers said. There was still no confirmation of the amount
      1,149 words
    • Article
      SHIPPING LIST where your ships ore due
      9613 32 AAAMIM Luo H*. Oww Ocmp SKpg OO Noraw* Sumt NoraM Ltn*. Oct 0 Ming Ptenty Yang Ming LM. Od 7 NMon ScanOuMt Od 0 E««r Qroup [wrgfwn, Od 10 Kovtoon Bay. Trtot Od 11 Noraaia SamanVta Noraata LMa, Od IS Kang Ha. CMna
      9,613 words
  • Page 23 Advertisements
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      49 23 WHOM"A lively BKSway with miosis words Atailabie at all good bookshops i —"-sSSSSSS Fe<lef PuMteattons Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      49 words
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      Page 23 Advertisements Column 2
      367 23 "The Illustrated Encyclopedia of Wildlife" fTEMMIKW Fortnightly at all good r bookshops nrH's-sfanrts.H BTP INSIDE Hatchless containerships SPECULATION was rife earlier this year as to who would build the first five hatchless containerships for Rotterdam-based Nedlloyd. Recently,"the company's management announced that the contract was to go to Japan. A letter
      367 words
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      63 24 NOTICES ARRIVED SINGAPORE MM Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a General Survey will be held on the 9th October 1989 (Monday) at Keppel Wharves Kl9 from 0900 hours laOOhours No further survey will be entertained thereafter. Agents. "I" Line Klnkal BowtMd Shipping
      63 words
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      Page 24 Advertisements Column 2
      52 24 JEBSENS p\ REMOVAL NOTICE Please be advised that effective from 9th October 1989, the new address of Jebsens International (Singapore)Pte Ltd. will be: 268 ORCHARD ROAD, #03-03 YEN SAN BUUDING SINGAPORE 0923 TEL: *****55 FAX: *****26 TLX: RS ***** Kindly note that our port agents, Ben Line Agencies (t) Pic
      52 words
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      Page 24 Advertisements Column 3
      19 24 For further Information or enquiries at conventional wharves: Keppel/Marina Wharves *****86 Jurong Port *****66 Sembawang *****22 Paslr Panjang *****44
      19 words
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  • Page 25 Advertisements
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      2168 25 JARDINE SHIPPING A6ENCIES H 200 Cantonment Road #12 05 Souttipoint. Singapore 0208 WMWWW Tel *****11 TELEX HO RS ***** K —I WfESnkyt TERMINAL;CFS Tel *****18 220 I CCCuJ 1 BOOKINGS Tel *****34 235 cM»y s***-* Swm mSwsisstaras'' I VTOEL/VOVAtt I LRH I CHA NFK NYC HfX S6P VEgtUVOYACt CM Nf*
      2,168 words
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      Page 25 Advertisements Column 2
      2300 25 Vaaaai ETO -Port -Panang 1 I Hifpiw Kalang DESTINATIONS TWa «Mt Lada M Closing Time Feeder by 1 08/10 7300 MRS M Farco A mm CFS OXIO 1300 MRS M Tauro OAK LOB MOU MEM ATI MIA CHS 6AL PML NYC MOM TOR HoaH"Not 10/10 11/10 SW 7/10 26/10 30/10
      2,300 words
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      1074 26 T f ~T~ r RO^TtROAW VOY WO S PORE P. KELANG SOUTHAMPTON HAMBURG BWEM6RHAVEW ANTWERP LE HAVRE KAOA 08/ MO 8/10 24/10 29/10 28/10 28/10 HEIOELBERQ EXPRESS 03/888 11/10 13/10 31/10 2/11 4/11 5/11 KOWLOOM BAY 89/901 12/10 7/11 31/10 3/11 30/10 «Jll ALASKA MARU 07/888 18/10 20/10 7/11 8/11
      1,074 words
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      Page 26 Advertisements Column 2
      531 26 NORTHBOUND TO UKC S POKE RDM/A DAM HBG HULL (U.K.) FORTHBANK V-2SN 13/10 1/11 13/11 17/11 IVY BANK V-2SN S/ll 4/U *U 11/U TAUSALA SAMOA V 16N j/12 5/1 10/1 14/1 •Alaa rCL to AnNwrp/trnaarfFatUit—affaiiWw»l»Valim/Samai*yr| I SOUTHBOUND TO PAPUA NEW GUINEA 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) NORAVIANK Vl» Port Nana*.
      531 words
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      Page 26 Advertisements Column 3
      1225 26 E3 vaaasia &188 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE, VSL/VOY SIN PRS ALG Kl FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA AL6) NAM) fcOT) NOR AS! A SUSAN M2S-3 6/10 22/10 26/10 28.10 31/10 2/11 3/11 4/U 5/11 S/ll NORASIA SAMANTHA 8329-3 13/10 29/10 2MI Tttl
      1,225 words
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      1518 27 55 Steamers Maritime Holdings Ltd W« P&O WW STRAITS SHIPPING Containers gJ& Ml>l rpin p.um(~l rtm rim rnnwr«Hi un NtiociKM antss am am w «u mi wi th accepts cargo due sails ROM.OOM MV U/M W O/ll W1 W W1 STRAITS VENTURE V 24£ Muara 1«> KK In PI Oct
      1,518 words
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      Page 27 Advertisements Column 2
      1305 27 TO: EUROPE TO: FAR EAST SP Lit ROM NAM MM FIX SPORE NK RAO Mi MANJIN TOMGMAE WM 07/10 M« MR 27/ M M 0 WlO wS una Ml HANJIN ROTTERDAM MM MflO llfll «ll Ml Ml Ml 2m 2m 2m CMOYANC CHANCE 044W !1/U l|U «U MfU 12/U U/U
      1,305 words
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      Page 27 Advertisements Column 3
      31 27 REGULAR SERVICE TO KARACHI S POKE LOADING FOR HUA ME VUI a/M> KARACHI A o «nt» SHtBUSAWA MCISMM N.T.Y. TRANSPORTATION CO (FTf) LTO T*l 223M22 KB RS 21*11 Fu: 22M524 I
      31 words
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      Page 27 Advertisements Column 4
      356 27 V/ M MIMH I fllW^ i TWW W f r// niiariiffl i fiffiTi iff Ifrr STRAUS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC SOU KOGGEGRACHIT NAGOYA PIONEER MATSUYAMA vol. no e i a s Sport 7/10 »/10 IVIO 2VIO P. Kaiang 11/10 21/10 Hong Kong Yokohama
      356 words
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      794 28 ■BMMPHVPVWFTRHffSR^IH ftlftMWßMililMM I >p>w Loading tar.- I MIAN OEELAO Wl 711 M Oct BAN DA* ABBAS MAN imOUWI PJi 7g 15 Oct BAN DAB ABBAS J WAM/fMT AN pqmCT WEVlffi (MIILR COMTAMf A) ETA Sn*E GUAM SAIPAN EACLE V 7 SLO (OCT OCT 3£aay£JS »oct 4 nov i nov •WCNONCSIA
      794 words
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      Page 28 Advertisements Column 2
      698 28 (ft HAN JIN SHIPPING I Xy 4P FULL CONTAINER SERVICE r i iH. rtea H'W« t hMR FUMM rem v* SM L« MMJL LAX OAK MAfUIN TOUG HA£ VW I 7/10 I 25A0 17/10 B|fM) IVKJ HASAN W WlA®t WK Wl IJI HANJIN ROTTEROAO NOR 14/ M I 1/11 2/U
      698 words
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      Page 28 Advertisements Column 3
      164 28 GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT KELANG PENANG BANGKOK ALSO ACCEPTING CARGO FROM HONGKONG TO MALAYSIAN PORTS VtSSatTJL I VOT I Ntt m ~*T MV HONG 01 117 V® SM 11/10 1500 25/10 05/10 Sin I twTlvir HEAD AGENTS SOUTHERN
      164 words
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      Page 28 Advertisements Column 4
      1148 28 PKL BSP US KM RLG Ml NRT OM TTO RM.^LM^<UM^|!«!bFLl^l^^^^PM lis Piiiiii3ii««i|lli 0 2225S t Sat. >^ m K >m nonmu. MaanmuL a nontmal. tmwto wnnw 0 ATLANTA. CMCMO, BCTNMT. OOUfIBM OTIO MM MMWI HITWTIM Imp mam lax krnm m I mtnmml uu sfc pil m fhbov* f» ■T am
      1,148 words
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      1282 29 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #0300, Singapore 0106, Tel: *****33 FAR EAST VESSEL VOY SM JKT BSY VOY SM WQ UO U1 TOK NOO KOI M HAI OUAMQ 17M Mi SM SM 10NB 0/10 11/10 1M» 10/10 »1« >1/1* H/10 SO/IS MAJARAHTT 4MB IS/1S 10/10
      1,282 words
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      Page 29 Advertisements Column 2
      655 29 mm PKUUK (TDM MM rNAVCR MMfl MMB I WiHi>ir| L*m U/M U/M B/M >U (U W W 1 mmn vm w w w w w I amu mn in mi ;/u vu u/u u/u m/u I Mm urn w «ii MI Mm I am, am via ivu m/u i«u m/u
      655 words
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      Page 29 Advertisements Column 3
      394 29 DJASAGETRI A Joint Europ* Service Of: f.l. DJAKARTA LLOTO fX BESUM LLOYD P.T. tillBMI IWITIM t.T. TDttOiA LLWi VSL/VOV SPORE ANTWERP H'RURG/ RDAM/ADAB RRCBEN SRIBUAYA/Z7MR lU-UM I H/U lifll (ACCEPTING COWVOmOBAI ANO CONTAINERISEO CARQO) kutai/übv io-b/m Imm vv (ACCEPTING CONVENTIONAL ANO CONTAINERtSEO CARGO) LI. RONTANG/ISBf I 2-402 18/12 VI (ACCEPTING
      394 words
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      Page 29 Advertisements Column 4
      476 29 |H 1 I I I J ill Hfes MYANMA \Hk FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) S port P.Ktlang Ptnang Bangkok PAGAN VMM M/ 12 Oct HPA-AH VI4SW am Oct THE BANK UNE i mm/mum' I EXPRESS TO PAPUA NEW GUINEA I MORAYBANK VI3S ltlO* (CALLING
      476 words
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      1236 30 I GLUSIiQ VOY *INDO *PK/PNG [sCP LB CHLS NFK NYC HFX 1 OOCL FAITH It w WH 12/10 Ml I*ol 16/11 WU 22A1 OOCL FRIENDSHIP lft 16/10 17/10 19/10 11/11 21/U 23/U 25A1 »fll NEPTUNE JADE 21 23/10 24/10 21/10 11/11 2S/U 30/11 2/12 i/U OOCL FORTUNE 17 30/10 31/10
      1,236 words
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      Page 30 Advertisements Column 2
      585 30 EXPRESS CONTAINER SERVICE UllipMlH RUKL Cpi«rt>l» Immiin P.Mlmi Pwmi Lh*«l Nr MoOmt m ft* Fmmt Fate KALIOAS V« 17 Oct II Oct U Oct fwWIWM* TULSIOAS V.44 31 Oct »Oct 25 Od Fiw^MWSfWWH KALIOAS V.« JO Ntt 24 Nn 24 No FiM*ttM3f*l/AM TUIJiDAS *45 22 Ok M OK M OR
      585 words
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      Page 30 Advertisements Column 3
      561 30 r \iy??*l golden line 1 |fx£,**X\ GUAN GUAN SHIPPING (PTE) LTD I S -i 23 Ttlo» Aff stf«•( W SINCAPOftF 0104 Til U4JM (10 LINES) Fai U43XM I STRAITS/PERSIAN GULF SERVICE y«rt P. Mm I QOLOCII *O«DU CoOTtoMndfOuta 12/ M Od GOLOEN HAVEN Catomta WE Od CMM aw OUAM»MHwa» H
      561 words
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      Page 30 Advertisements Column 4
      703 30 I MHMi EAST/FAR EAST I VESSEL I ETA SINGAPORE I DESTINATION ITBN int. MM am OUtAI OAMMAN, KUMAIT, I DOHA. MCAT lAMAM I lAMONAM A feiARJAM TM U/U JEOOAH (LCL) WEEKLY I I AQAIA. WmfllWllt TW U/M. U/M, M.KONG, NOSL TOKYO. KEELUML I 2VU UOKsHMtiAMIA, BANGKOK I 1 SUSAN JAKARTA
      703 words
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      1593 31 Agents S pore NEPTUNE AGENCIS PTE.TtO W \^T 7 Flßf 810 Qanarai Book met Book inn Imord/ Terminal CFS Wv gsr sir me sss MMk lilt m ssr a *****19 *****16 B|H MO* l *****! 8 *****41 \t* m Dma m/m pen kg bgp mothb vsl/voy Sgp lh iui 555
      1,593 words
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      Page 31 Advertisements Column 2
      1017 31 SINSOV 1 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I; SINSOV BUILDING 55, Narket Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 22U241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PBMK P. KELANC MESSRS MAI THONG SHIPPING 127 Panana Straat. Pewit Mattyva M/S HANOI INC
      1,017 words
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      Page 32 Advertisements Column 1
      667 32 lIMESj^ Integrated container service KMKR Of EACON SERVICE to EAST MEDITERRANEAN I NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT ROM HK RST It CEGIELSKI VSW 11/10 MAO 2/U 2/U j/U «/U~ E/THAELMANN t/» 11/10 2/U~ Wll U/U 13/U 10/11 J WEBELAND VMS 3/10 14/11 M/ll H/U »/ll S|U ULBftICHT WS
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      Page 32 Advertisements Column 2
      324 32 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONGKONGTAIWANJAPAN M/V ANDROMEDA STAR VOY 4 VOY 5 VOY 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 CONTAMER SERVICE VESSEL I VOY I SING
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      Page 32 Advertisements Column 3
      200 32 (JUGOUIMkJA l J VPML SPOBt PK PNG LOAOWB FOB PVtMMJC It OCT It OCT 21 OCT 23 OCT Uaundna. Bmt/TrvML Hanm. P. SM, lmmoL UMm. Dm MM KM 17 OCT a OCT 22 OCT M OCT Bv. Nosm. TrwM. VMM. UKA I 5 NO* I NOV 10 NOV U NOV
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      Page 32 Advertisements Column 4
      1066 32 ASEAN PORTS BANGKOK sailings a week Ngow Hock Agency Co Ltd BKK (Tel: *****80) VPSa VOY SINGAPORE I BANGKOK THAWA HUM «MW ~F»i liilT In I «/M MOAWA PACIFIC m Mm WM TW 12/ M PITA BHUM WW mt um s» wm JEWLIWK 12M TTiur U/M Sun IVM THAWA HUM
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      149 32 1006 not I Regional Weather] a v 1 }< s* IPS loot: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. OCT 6, 1989 LEGEND Jj^" ,o,m T "Xo!£ 0c o"'"™ h v*" knori RcMri Wo«e he^hi Cloudy Sky Surf<xe winds ore indicated by or rows which fly with th# wmd
      149 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1044 33 VESSEL VOY SINGAPORE KHF/DUBAI KARACHI I LANKA SIRI 128W 08/10 LANKA AJITHA 43W 10/10 22/10 24/10 LANKA SRIMANI 71W 20/10 30/10 LANKA SIRI 129W 21/10 I ALSO ACCEPTING CARGO (FCLACL) FOR A) INDIAN PORTS I MADRAS TUTICORIN COCHIN MANGALORE BOMBAY I B) ARABIAN GULF PORTS I SHARJAH DUBAI. BAHRAIN DAMMAM
      1,044 words
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      Page 33 Advertisements Column 2
      338 33 fflk ETHIOPIAN SHIPPING LINE (National Lina of Ethiopu) ACCEPTING FCL AND CONVENTIONAL P€N/PKQ ETA LOAWNO FO« spore NtTSAurr i 4/» oAncaaAiAAM MOMBASA IXJIBOWTI VOY 1«WB ASSAB MABSAWA. MOOCIOAH MV ANOMCT 31/10 DAAESSALAAM MOMBASA. MBOUTI VOY 171 MB ABSAB MABSAWA MOOCIOAH ABBAY WOHZ a/12 OAAESBALAAM MOMBASA CXMOUTI VOY 22W8 ABBAS. MASBAWA.
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      Page 33 Advertisements Column 3
      1140 33 > r« > CRYSTAL FREIGHT SERVICES PTE LTD <v TEL: *****88/*****22 HONGKONG/ CHINA 0/10 ft 14/10 BANGKOK 11/10 ft 15/10 P. KELANG/PENANG 13/10 ft 20/10 BU3AN t/10 ft 10/10 KEELUNG/KAOHBIUNG 0/10 ft 15/10 MANILA 0/10 ft 10/10 JAKARTA 14/10 ft 21/10 SYDNEY/MELBOURNE 12/10 ft 27/10 FREMANTLE 10/10 ft 1/11 PORT
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      Page 33 Advertisements Column 4
      388 33 BAY OF BENGAL SERVICES KUfll NT M MU ti Ml CALABAR 77CNB 7/10 14/10 LEUVE 91U 14/10 19/11 23/10 B ANDREEV 14CWW 14/10 .UlO TIGER BAT B3N 14/ M &M susak un a/u vm AIABM 71CNB 22/10 21/10 TM» BAY ISM 21/11 4/11 LEUVE »1U Mfll jftl Bfll VIETNAM SERVICES
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      Page 33 Advertisements Column 5
      251 33 pil TO AUSTRALIA/NEW ZEALAND m Swpoar* Frwriia Mm tpteqr kaAlm* tmoa urmwi m 55 155 "55 "55 *5 55 tut 5S aiN 1«u "55i "55 "55 55 am t nuoc m am "5u 55 "55 55i 55 55a a "5J5 ani 5 5 55 w 1* DATS TO ITPWET! TO
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      894 34 rLCL/FCL SERVICE TO/FROM I am I OfMfstM om 900 torminats/officn in UJ.A. I I /SRBa J 9SSS^ W maintains over 36,000 tracton ft trucks. I I M *S&- o*n 00,000 points m U.S.A. V M flm9 <***• tCL/FCL Nrviw Genorol Agents: —772AA/S-L/A/K— Ct/3 KL: allied-link SINGAPORE: SfP^S mor 04-*****2 03~/&*****
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      Page 35 Advertisements Column 1
      770 35 fgmrntmt) 2 Vtewv COMPANIA PERUANA J R nHa DE VAPORES ff 4 "PERUVIAN STATE LINE" C P ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM f 3 ILO* OTHER PERUVIAN PORTS' S 2 AT KOBE ON CPV THROUGH BILL OF LADING. J J Pwung* P. Kttanf* Sinfaport J 4 HURRA YEVERETT 10(11 Oct g
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      Page 35 Advertisements Column 2
      637 35 FULL CONTAINER SERVICE mcmMm FCUICI e*fo* to USA EjQ ft W«t Coast. Cwritt-n.EMt Canada. HAITI, fcualamala. VwwU andHowfrrai VSL [S PORE MAINLINER >JU IKST MAV [NYC Mf* 2MVCNE2IA U/ll ZM GENOA 1(11 17/11 Ml O/U IM/U ZIM BRISBANE 21/10 ZM KEELUNG Wl W1 WW I W m guam apt zm
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      Page 35 Advertisements Column 3
      624 35 Msing kwang hang SHIPPING ft TRANSPORTATION <rrt) LTD WEEKLY LCL/FCL SERVICE [VESSEL ISPOWE 1 JAKARTA ISURABAYA JSNHOL 136 7/10 10/10 |A VESSEL 4/10 7/10 I VESSEL [SPORE BANGKOK A VESSEL 4/10 7/10 |A VESSEL a 10 111/10 DCBTMATIONB ETA SMOAPORE PORT KELANO 6 OCT MANILA 8 OCT HONG KONG. ALL
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      Page 35 Advertisements Column 4
      509 35 «a PERINTIS LINE I A WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETO ETA ETD PRASETIA 30-31 A 7/10 8/10 10/10 10/10 PRABHAKTI 302-303 A 10/10 11/10 13/10 13/10 PRASETIA 32-33 A 14/10 15/10 17/10 17/10 PRABHAKTI 304-305 A
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      Page 35 Advertisements Column 5
      449 35 A—i HI msm 8/10 KEELUNG/KAOHSIUNG 14/10 BANGKOK 9/10 MANILA 7/10 JAKARTA 13/10 PORT KELANG/PENANG 12/10 BUSAN 10/10 TOKYO/YOKO/KOBE 8/10 HONG KONG also accepting cargo to Huancpu Shenzhen Fazhou Xiamen/Xingang/Shanghai HI WJI 7/10 LDN/FLX/LVP/SOU 7/10 RDM/HAM/ANT/LE HAVRE/GENOA also acceptins cargo to all Europe inland destinations T" y il r l "T
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1185 36 Z\ HYUNDAI HHjB merchant marine co. t ltd. i EASTBOUND TO USA WESTBOUND FROM USA TO PSW m HKC LBN OAK SEA FROM PBW LH OAK SEA HKC «N 1 HYUNDAI INNOVATOR 27E 00/10 12/10 M/ 10 02/U OS/11 LALANDIA 2» IjM W" W WU HYUNDAI EXPLORER 20E 13/10 19/10
      1,185 words
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      Page 36 Advertisements Column 2
      950 36 I to JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POUT HUM 3j ft Uflß MANILA i/M 18/ IB PWANC HO A U/10 SUSAN L 2 10 A HfM BANGKOK b.iot.o 10 TOKYO 10 It 1710 HONGKONG 7/M A 12/10 »08€
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      Page 36 Advertisements Column 3
      612 36 UK/CONTINENT (TRIO) |&^H| I ram pmnm Ista* n«i idm r-«m ut mmi MMLOON NAY U/10 HI UN ini NfM 1/11 DiNiiM* t»AM»» Iti O*. M«a>.M. WWfc 3m f S w J m* H IJaßii i< ,m i—a-* IPHRH HuoaauG w U/M um Mm- um MEDITERRANEAN MED CLUB)* JEDDAH IShawrelP Ua
      612 words