The Business Times, 13 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 13, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    257 1 Dow down THE US stock market headed lower yesterday morning, extending the shallow decline of the past two sessions. The Dow Jones average of 30 industrials slipped 3.28 to 2,770.08 in the first hour of trading. Some investors are worried about talk of a possible one per
    257 words
  • Article, Illustration
    Scrapping of dual listing to be discussed during KL Budget
    574 1  -  By AMY BALAN, ANDREA BORCH THE MALAYSIAN BUDGET to be presented at the end of the month would provide the opportune time to discuss the so-called "split" between the Singapore and Malaysian stock exchanges, KLSE executive chairman Nik Mohamed Din
    574 words
  • Article, Illustration
    Generally weaker finish for regional markets
    270 1 REGIONAL stock markets faltered yesterday except for Singapore, where share prices continued to climb in moderate trading. Late afternoon buying support and bargain hunting pushed the Straits Times Industrials Index up 2.87 points to 1,431.85, yet another post-Crash high. The 40-issue Business Times Composite
    270 words
  • Article
    Dollar falls amid selling by central banks
    157 1 THE DOLLAR closed lower in Tokyo yesterday in the wake of selling by the Bank of Japan and the US Federal Reserve. However, short-covering and investor buying made up for most of the early losses The dollar ended at 144.60 Japanese yen and
    157 words
  • Article, Illustration
    Canada to step up trade with S'pore
    451 1  -  EXCLUSIVE BT INTERVIEW WITH CANADIAN PM BRIAN MULRONEY By ASAD LATIF IT IS TIME for Canadians to give up their "benign neglect" of Singapore and aggressively seek out trade opportunities here, Canadian Prime Minister Brian Mulroney told BT in an exclusive interview in
    451 words
  • Article
    Tripartism should be nurtured: PM
    645 1  -  By TAN KEE WEE TRIPARTISM in Singapore is at the crossroads, and therefore should not be taken for granted, said Prime Minister Lee Kuan Yew yesterday in his keynote address at the NTUC Workshop on "The Future Direction of the Labour Movement". Instead, the three-way
    645 words
  • Article, Illustration
    Lock icon Saatchi brothers to 'step aside'
    241 1 Agencies BROTHERS Maurice and Charles Saatchi are to "step aside" as joint chief executives of advertising firm Saatchi and Saatchi Co pic from Jan 1. 1990. the company announced in London yesterday. Robert Louis-Dreyfus, a Frenchman, will take over as group chief executive, while Maurice
    Agencies  -  241 words
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      Page 1 Advertisements Column 1
      114 1 [T \j $220.00 nett per table FREE Flow of Stout, Beer, Soft Dnnks 4 etc O (Min 10 Tables) FAMILY DINNER h $88.00 (B—lo persons} A H T #03-13 Plaza Singapura Tel: *****61 ID 1 Yuan Ching Road Tel: *****11 IT'S STILL YOU AND YOUR CROCODILE Jh i iv r
      114 words
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      Page 1 Advertisements Column 2
      233 1 S'pore, HK as twin switching csntres, BACK PAGE Going global will result in mors Jobs, PAGE 17 Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 Focus, PAGE 9 COMPANY SERVICES f|4f I \rT|L~ _fc -b NEWS 17. 19 A(rc Schedule 4 •v"l k|||A\ UEL buys into
      233 words
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      Page 1 Advertisements Column 3
      12 1 BACK PAGE: PM's libel suit against FEER executive summary of Day 13
      12 words
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      Page 1 Advertisements Column 4
      230 1 uikjOITA Quadruple Zoom+Auto Two Cokx. t TIME. A state of mind, and a bane of the unpunctual. Time is also money to Girard-Peregaux, the Swiss luxury-watch maker which had seen some pretty dark hours before its new president, Francis Besson, found the light at the end of the tunnel. In
      230 words
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  • HOME NEWS
    • Article
      Yokogawa building $20m plant
      316 2  -  Tampines factory will allow for expansion By SANGEETA MULCHAND YOKOGAWA Electric Corporation. one of the world's largest manufacturers of automation systems, is building a $20 million factory in Tampines. The factory, to be ready in October next year, will enable the expansion of the business of
      316 words
    • Article, Illustration
      Toplis and Harding on expansion path
      390 2  -  By WALTON MORAIS INTERNATIONAL loss adjusters and surveyors Toplis and Harding Singapore is investing $250,000 in an expansion programme designed to meet growing demand and new market needs. Under the expansion programme, T&H is moving into new and larger premises, increasing staff, investing in
      390 words
    • Article
      North-eastern Thailand offers potential for tour groups
      196 2 TOURIST operators seeking new packages and destinations for their Thailand tours can look to the northeastern region of that country. They will find a ready collaborator in the Tourism Authority of Thailand, (TAT), which is out to promote that part of the country
      196 words
    • Article
      Honours for commission staff
      115 2 FIVE members of the British High Commission staff in Singapore and a British journalist settled here were decorated by Queen Elizabeth before she sailed for Malaysia on Wednesday The Queen also gave presents to a few Singaporean officials for their help in organising the three-day state
      115 words
    • Article
      Launch of Trade Net
      88 2 TRADENET, the electronic trading system linking importers, exporters, freighting agents and government bodies in a computerised network, will be opened next Tuesday. Oct 17. To mark the occasion, its operating company. Singapore Network Services, is organising an exhibition and seminar on electronic data interchanges (EDI) to
      88 words
    • Article
      Mission to Indonesia close to reaping $100 m worth of business
      253 2 MORE THAN $100 million worth of export orders and contracts are in an advanced stage of negotiations. following a mission by a group of Singapore businessmen to Indonesia recently. The mission, organised by the Singapore Federation of Chambers of
      253 words
    • Article
      Three Middle-East airlines to fly here next year
      200 2 A SUCCESSFUL Civil Aviation Authority of Singapore (CAAS) mission held last week will see three more Middle East airlines flying to Singapore next year. They are Emirates, Gulf Air and Egyptair. According to a CAAS statement yesterday. Emirates will begin two weekly
      200 words
    • Article
      US presence in region vital: analyst
      500 2  -  By BOEY KIT YIN WHILE Asean sorts out its role in the post-Cambodia era. the US presence in the region will remain important for stability and security in times of changes, according to an analyst with the US Congress. Senior research analyst Dr Larry
      500 words
    • Article, Illustration
      Lock icon Hotel association to meet ministry on no-smoking rules
      519 2  -  By SUZANNE SOH BUSINESS and tourism may be affected when non-smoking regulations are extended to more public places next month, according to food and beverage (F&B) industry sources. Conventions may also suffer a setback with the implementation of The Smoking (Prohibition in
      a PUNCH cartoon  -  519 words
    • Article, Illustration
      Veteran rubber trader passes away
      272 2 OBITUARY VETERAN rubber trader Robert William Lutton, 60, died of a heart attack at his home two days ago. The former chairman of the Singapore International Chamber of Commerce passed away in his sleep. Close friends say he was not known to have been suffering
      272 words
    • Article
      Consultant Addison does its bit to promote design education
      189 2 DESIGN consultant Addison is stepping up its efforts to promote design education by putting promising Singaporeans through a design school in California. Addison managing director Jonathan Bonsey said the company will be financing one Singaporean through the California Arts Centre annually.
      189 words
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      Page 2 Advertisements Column 1
      237 2 I Holidays jl p from adventurous jig jj to luxurious Mm I, ou unlimited in land so rich with mysteries and natural wonders. Yet the luxuries of world-class 2^uPj^g^^^9&4L; Alice Springs Flv in a hot-air balloon. Take a camel safari. rj^jp Zoom away in a 4-wheel drive or air-conditioned coach
      237 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      187 2 !#E f'»>>•» llllllllltltllltllttltllTTTTT and b weather P forecast for Oct 13 City Max/ Note OUTLOOK: Shower. lyi| oin (•C) momlnfl. Report for 24 hour* prior Aberdeen 15/10 Windy *> 7 30 P" «> Oct 12 ot Amsterdam 18/11 Sonny #>e atrper* a.™ 23/13 s™, yr-rr- ".I Auckland 19/10 Windy Mln
      187 words
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  • FOREIGN NEWS
    • Article
      Lock icon East German leadership ready to open dialogue on changes
      390 3 Reuter EAST GERMANY'S hardline Communist leaders have yielded to a nationwide explosion of protests and told reformists they are ready to talk about change. The policy turnaround was heralded by a statement from ideology chief Kurt Hager, read out on the
      Reuter  -  390 words
    • Article, Illustration
      Lock icon EC's TV quotas violate Gatt: America
      198 3 AFP THE US has criticised a "unilateral" EC directive that recommends limiting foreign television programmes in the European Community, claiming it contravened the General Agreement on Tariffs and Trade (Gatt). The US representative to Gatt, Rufus Yerxa, told a Gatt council meeting in Geneva
      AFP  -  198 words
    • Article
      Lock icon Progress seen in EC-Soviet talks
      104 3 AFP THE EUROPEAN COMMUNITY and the Soviet Union have made progress in talks on a trade and economic cooperation agreement in two days of talks in Brussels, a European Commission spokesman said on Wednesday. "This is not just a diplomatic formula, we have made real
      AFP  -  104 words
    • Article
      Lock icon Stormy start to Korean talks
      374 3 Reuter DELEGATES from North and South Korea resumed contacts on setting up prime ministerlevel talks after a seven-month break but a row over Seoul's jailing of dissidents threatened to torpedo the opening session yesterday. Chief Northern delegate Paik Nam-Jun said the recent sentencing of a
      Reuter  -  374 words
    • Article
      Lock icon Polish government gets Gorbachev's approval
      346 3 FT THE LEADER of Poland's communist party, Mieczyslaw Rakowski, emerged from extended talks in Moscow with Soviet leader Mikhail Gorbachev on Wednesday to declare that the latter had expressed open approval for the policies of the Sol-idarity-led government in Poland. "He understands the situation, and
      FT  -  346 words
    • Article
      Lock icon China to exploit the sea for jobs
      108 3 AFP THE EXPLOITATION of the sea resulting from research oceanography will yield 70 million jobs and profit one-fourth of China's 1.1 billion people between now and the year 2000, the official China Daily said on Wednesday. The English-language daily quoted an official study
      AFP  -  108 words
    • Article
      Lock icon Taiwan's inflation to hit eight-year high: official
      249 3 AFP TAIWAN'S annual inflation rate, fuelled by rising commodity and housing costs, is to hit an eightyear high of 4.5 per cent in 1989, an economic official said yesterday. The annual consumer price index is to surpass the government target of 3 per
      AFP  -  249 words
    • Article, Illustration
      Lock icon Beijing paper attacks Zhao Ziyang over party reforms
      469 3 HARD-LINE STANCE REFLECTS DIVISION IN LEADERSHIP AP AN OFFICIAL COMMENTARY in Beijing yesterday lashed out anew at the reforms promulgated by former Communist Party chief Zhao Ziyang, following weeks of softer media coverage of his contributions to economic growth. In one of
      AP  -  469 words
    • Article
      Lock icon Military training for Chinese students
      223 3 Reuter MORE THAN 700 students from Beijing University, a hotbed of unrest during the spring democracy movement, began a year's training at China's top military academy yesterday Tightening its grip after mass demonstrations for democracy were crushed by the army in June, China s hardline
      Reuter  -  223 words
    • Article
      Lock icon African living standards to fall further, says ILO
      215 3 AFP MORE THAN 400 million Africans, well over half the African population, will be living in abject poverty in 1995, with per capita production continuing to fall, according to a report published in Geneva this week by the International Labour Office (ILO).
      AFP  -  215 words
    • Article
      Lock icon US trade deficit with Japan will remain: economists
      388 4 JAPANESE CONSUMERS' TOLERANCE FOR HIGH PRICES AN INVISIBLE BARRIER AP TRADE NEGOTIATIONS will not substantially cut the multi-billion 1 dollar US trade deficit with .Japan and it might go higher in the near future, economists told ;a congressional hearing in 'Washington on
      AP  -  388 words
    • Article
      Lock icon Japanese consumer attitude under scrutiny
      239 4 AP JAPANESE CONSUMERS are "really stomped on" with high prices because of a lack of competition from imports, a congressional committee chairman says. The problems and attitudes of Japanese consumers were debated on Wednesday at a congressional hearing in Washington about the US multi- billion
      AP  -  239 words
    • Article
      Lock icon Tokyo and Washington close to compromise on steel quotas
      267 4 FT JAPANESE and US negotiators are close to resolving a new steel trade agreement, which will include a cut in Japan's exports to the US and the probable use of a third party to mediate in difficult bilateral disputes. The agreement,
      FT  -  267 words
    • Article
      Lock icon Companies take steps to combat computer 'virus'
      220 4 AFP MAJOR MULTINATIONALS are I taking special measures to pro- "tect their computer systems from 1 -killer viruses programmed to .start attacking yesterday and tol day. Royal Dutch Shell said it was taking the threat of the "DataI -crime" and "Jerusalem" viruses •l"very
      AFP  -  220 words
    • Article
      Lock icon US budget stalemate may lead to US$l6b cuts
      477 4 FT AUTOMATIC CUTS in US federal spending of about US$l6 billion are almost certain to be triggered on Monday, according to congressional leaders, since legislation to reduce the budget deficit is unlikely to be passed in time. Senator George Mitchell, the Democratic
      FT  -  477 words
    • Article
      Lock icon Tokyo, Taipei firms accused of dumping phone systems in US
      102 4 AP SOME small business telephone systems and sub-assemblies from Japan and Taiwan are being dumped in the US at less than fair value, the Commerce Department said on Wednesday. The department ruling means the International Trade Commission must decide within
      AP  -  102 words
    • Article
      Lock icon America launches world's largest private phone system
      300 4 AP THE US GOVERNMENT officially launched the world's largest private telecommunications system on Wednesday with a three-way, coast-to-coast conference call and electronic mail exchange on the new FTS2OOO network. US Congressman John Conyers, a Democrat, made the first telephone call a discussion on
      AP  -  300 words
    • Article
      Lock icon 'Great danger of recognition for Phnom Penh'
      331 4 AFP CAMBODIAN resistance leader Prince Norodom Sihanouk has warned that the Hanoi-backed Phnom Penh regime is winning international recognition and has urged resistance forces to hit back by stepping up their war effort. In a Voice of Khmer clandestine radio broadcast monitored in
      AFP  -  331 words
    • Article, Illustration
      Lock icon South Australia out to attract migrants from Hongkong
      353 4 AFP THE SOUTH AUSTRALIAN government will begin a major pitch in Hongkong next week to attract migrants and money to Adelaide. state officials said. The week-long promotion in Hongkong will be followed by missions to Taiwan and Singapore next month as part
      AFP  -  353 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      893 4 ARRIVALS Operator S«rvk» Local 1 From number tfmo SAB SN287 1350 BRU/BOM/BKK MAS MH633 1355 •a SIA SQ109 1405 KUL SIA SQ181 1410 BWN RN AY902 1425 HEL/BKK TMA TG405 1425 BKK/HKT SIA SQ033 1430 BRU/VK/DXB GtA GA962 1435 CGK RJA RJ182 1445 AMM/KUL SIA SQ061 1445
      893 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      64 3 Exclusive Sunglasses Designed by Ferdinand A Porsche High qualify. C R 39 lenses protect against UV B rad.atton Black, chrome qold pio'ed or solid gold PORSCHE DESIGN tv rARRERA Folding Sunglasses Designed by Ferdinand A Optica' I y super-or CP 39 lenses Compact, collops'b'e Leader case Black chrome or goid
      64 words
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      Page 3 Advertisements Column 2
      79 3 M A S E R A T I There are no fits of passion. Just passion running high on 220 BHP, in the driver's seat of a Maserati 420. JLs^SSBSM s >A 2 hire 420 Manual/Auto complete with leather upholstery from $159,000ART(for a limited period only) j Sole Importer/Distributor MASERATI
      79 words
  • Page 3 Miscellaneous
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      252 4 A BANKING AND PROFESSIONAL SURVICKS A TOl RISM AM) IN\ KSTMKNT A KDI CATION A INTERXCTIYE SCIENCE DISPLAY A PI.EXSI RE CRYFT A 1 Visit 1 Raffles City 1 j and end up j Q I 111 I I Australia p ij fJfc It's the biggest ever K much more.
      252 words
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      Page 4 Advertisements Column 2
      59 4 business person's choice every Tundiy, I MB I I I Thursday, Saturday and Sunday. Leaving Changi I I I I I Airport a( 22:CS hours and arriving at Lester B. I M I MI I M Pearson International Airport the following day. Call your Travel Agent or Air irudi tt
      59 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      107 5 B JM Vr French wine. French food. French chic. There's our non-stop flight to Paris. Of course, there's But then, you'll be enjoying it all, on a larger so much to enjoy aboard the French airline, UTA, a down-side. You won't be able to enjoy the wine, scale, in Paris,
      107 words
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  • MONEY AND EXCHANGE
    • Article
      Forex markets
      1604 6 SINGAPORE: The US dollar closed here slightly lower against the mark but little changed against the yen after active trading, dealers said. They said Bank of Japan (BOJ) and Federal Reserve dollar sales in Tokyo and the Fed's sales twice in Singapore were mostly absorbed by short-covering and
      1,604 words
    • Article
      Comex gold/silver futures
      166 6 Gold futures on October 11, 1989 100 trov ounces. US$ per troy ounce Open High Low Oct Ml.00 362 30 361.00 362.00 1.00 364.20 0.90 DK ***** 366.70 364.30 366.10 0.90 Fob 91 368.30 370.70 368 30 370.10 0.90 Apr 372.(0 373.30 372.20 374.20 1.00 Jun 376.70
      166 words
    • Article
      Lock icon Simex
      529 6 Reuter EURODOLLAR futures closed mixed in moderately active Singapore trading on buying interest and position squaring, dealers said. December Eurodollar rose to 91.47 from Chicago's close of 91.45 and March to 91.82 from 91.80. About 7,735 lots were traded. In Eurodollar options, only five puts changed hands. Currency futures
      Reuter  -  529 words
    • Article
      Money markets
      54 6 THE overnight rate on the Singapore money market was unchanged at 5-7/16 per cent yesterday. Term rates were also unchanged. S$ Interbank rates at the close yesterday: OffB MO 0»«rS 7/1* 3 3/16 lum* 5 5/1* 3 3/1* 2-month 3 3/1* 3 3/1* 3-nw* 3 3/1* 3 3/1*
      54 words
    • Article
      Options
      977 6 CURRENCY FUTURES OPTIONS Thursday October 12, 1989 DEUTSCHE MARK (SIMEX) Ow M can* Om M pula High Low urn High Low M 52 53 54 JAPANESE YEN (SIMEX) DMNCMI OMNpuH M0i Low M High Low M n Z 73 75 CURRENCY FUTURES OPTIONS IMM Wedneday, October 11, 1989 MmSH
      977 words
    • Article
      IMM
      343 6 A LATE RALLY sparked by another bout of Federal Reserve intervention pared losses in IMM currency futures on Wednesday, but most contracts still ended lower. The final round of Fed dollar-sales for the Japanese yen had more impact than previous intervention by catching banks and locals who short the
      343 words
    • Article
      Asian dollar market
      285 6 ASIAN dollar deposit rates ended unchanged from their opening levels in quiet trading yesterday. "The rates are unlikely to move widely ahead of Friday's release of US September retail sales data and producer price index." said one dealer. One. three and 12 months closed unchanged at 8-13/16
      285 words
    • Article
      Government securities market
      95 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFW t«GH LOW 3 months RQ*****N 11.01.90 4.30 4.25 4.25 4.21 6 maHtm BS*****V 18.01.90 4.27 4.22 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 code rote rid
      95 words
    • Article, Illustration
      World interest rates
      184 6 m inoicaiM dm wtfigi of tho prim* landing ralM of 12 ma|or banks In S'por* Interbank market rates (offer/bid) on Oct 12 US* DM SWFC Y«n 7 day, 7/4 1/4 IS—14 7/1 1-77/1 7 1/1-71/1 4 1/14—1/14 I 11/14 11/1* IS 1/4 IS 1/14 7 IS/14 7
      184 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      123 6 I>l \TT tlltllOlt k (£7 SALE BUILDING V Tpimpn siNGATORE oio4 REET BY TENDER A PRIME CBD ./Aj CLOSING DATE: .INVESTMENT -iO npTfiDCD IQQQ OPPORTUNITY A\ S 18 OCTOBER 1989 i AT 300 PM n Adjacent to Raffles Place. mr\ i office building. Pf 84.164 sin of strata area\« //q/
      123 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Talk mounts in Tokyo on further increase
      573 7 SURPRISE RISE IN JAPAN'S DISCOUNT RATE FT SPECULATION mounted in Tokyo that a further rise in Japan's official discount rate (ODR) may be necessary because Wednesday's surprise 0.5 per cent rise to 3.75 per cent failed to weaken the dollar in foreign exchange
      FT  -  573 words
    • Article, Illustration
      Lock icon Move needed to maintain stability in prices, forex markets: Sumita
      274 7 AP THE HEAD of Japan's central bank, warning of inflationary pressures, said Wednesday's increase in the official discount rate was necessary to maintain stability in prices and in foreign currency exchange markets. The bank raised its discount rate, the fee
      AP  -  274 words
    • Article
      Lock icon Fed will not raise rates to curb inflation: analysts
      294 7 AFP THE US Federal Reserve has decided; unlike the other major central banks, against using interest rates as a prime tool for controlling inflation rates, analysts said on Wednesday. The Bank of Japan lined up on Wednesday, after nearly a week's
      AFP  -  294 words
    • Article
      Lock icon Asean to rationalise insurance cooperation
      326 7 COMMISSIONERS SEEK COOPERATION WITH EC, JAPAN, US Bernama THE 15th MEETING of Asean insurance commissioners which ended in Kuala Lumpur yesterday agreed to review and rationalise Asean insurance cooperation with third countries and international organisations. Bank Negara said the threeday meeting also agreed to pursue
      Bernama  -  326 words
    • Article
      OUB reshuffles senior management posts
      157 7  -  -by QUAK HIANG WHAI OVERSEAS Union Bank has reshuffled its senior management posts in its international operations. The bank recently appointed a new chief, vice-president George Lim Phoon Seng, to its New York agency. He was transferred from the corporate banking unit in OUB's head
      157 words
    • Article
      Lock icon Five Japanese banks urged to revise financial reports
      258 7 Reuter JAPAN'S Ministry of Finance has called on five Japanese banks to voluntarily revise their financial reports for the year ended March 31. 1988, to explain profits transferred to overseas units. Earlier this year, the five paid a special tax Japan imposes
      Reuter  -  258 words
    • Article, Illustration
      Lock icon Chase suffers third-quarter loss of US$l.l billion
      250 7 NYT CHASE MANHATTAN CORP announced on Wednesday that it had lost US$l.l billion in the third quarter, about the same amount as what it -had estimated last month. The loss resulted from a USssl.ls billion increase in the banking company's reserve for losses
      NYT  -  250 words
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      Page 7 Advertisements Column 1
      362 7 When Georges Auguste Escoffier was awarded the Legion ingredients and dispensed with unnecessary decorations and garnishes. Officier of the Legion of Honour at the Palais dOrsay, the man who of Honour in 1920, he could look back on a career that had transformed This is not to say that his
      362 words
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  • COMMODITIES
    • Article
      Lock icon Prospect of world deficit pushes tea price to 3-year high
      403 8 PRODUCTION PROBLEMS IN INDIA, SRI LANKA AP TEA PRICES have soared to their highest level since late 1986, pushed higher by production problems in India and Sri Lanka and unexpectedly strong Soviet demand. The average price at this week s
      AP  -  403 words
    • Article, Illustration
      Lock icon US energy crisis looms unless drilling increases
      407 8 Reuter THE US must double its current drilling activity or face a serious energy crisis in the early *****, an energy consultant said. Matthew Simmons, president of Simmons and Co International, said US energy production has fallen the equivalent of 1.7 million barrels
      Reuter  -  407 words
    • Article
      Lock icon Britain backs HK on right to sell ivory stocks
      274 8 AFP THE BRITISH DELEGATION at the Conference on International Trade in Endangered Species (CITES) is supporting Hongkong in its demand to be allowed to sell ivory stocks worth some US$l55 million, officials have said in London and at the conference in
      AFP  -  274 words
    • Article
      Lock icon Globex, Aurora may start early next year
      124 8 Reuter AFTER-HOURS computerised futures trading will be operating in the US early next year, possibly through a combination of systems being developed by the world's two largest futures exchanges, officials said. "Globex or a combination of Globex and Aurora will be up and
      Reuter  -  124 words
    • Article
      Rubber
      335 8 SINGAPORE: Rubber prices closed little changed after quiet trade, with Nov 1 RSS buyer quoted at 164.00 cents a kg. down 0.2S of a cent from Wednesday's close. Dealers said prices recovered some early losses on light covering interest in the afternoon following Japanese interest. Trading was thin. On
      335 words
    • Article
      Lock icon Precious Metals
      394 8 Reuter HONGKONG: Gold closed slightly firmer yesterday in moderate Hongkong trading on late demand by Japanese investors and local short-cov-ering, dealers said. "Demand was generated by market talk in Japan that the Ministry of Finance would allow non-life insurance funds to buy gold as an investment tool." a
      Reuter  -  394 words
    • Article
      Lock icon UK oil export surplus falls
      166 8 AFP BRITAIN'S petroleum surplus of exports over imports fell in value by more than two-thirds in the first eight months of 1989 compared with the same period of 1988, according to Energy Ministry figures released on Wednesday. The surplus was £662 million (US$l.O2 billion) in
      AFP  -  166 words
    • Article
      Lock icon Wheat
      202 8 Reuter CBT SOFT red winter wheat futures ended with losses of 2-3/4 cents in the spot December at US$4.O4-1/4 to up 1/2 cent in the December 1990 contract. All grain and soy markets were lightly traded ahead of the USDA crop report expected yesterday. Cargill was a featured buyer,
      Reuter  -  202 words
    • Article
      Lock icon M'sian palm oil has scope in Morocco: minister
      226 8 Bernama THERE IS SCOPE for Malaysian palm oil to play a bigger role in meeting Morocco's demands for oils and fats based on the oil's techno-economic advantages and nutritional attributions, Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said. He said
      Bernama  -  226 words
    • Article
      Lock icon Supply disruptions expected to push copper to record high
      290 8 NYT A WARNING that the price of copper is destined to touch new records in the coming months has been given by the metals team at WI Carr, part of the Banque Indosuez financial group. Copper prices on the London Metal
      NYT  -  290 words
    • Article
      Produce Prices
      165 8 Chinese Produce Exchange Sellers' noon dosing prices on October 12 (S$/100 kg) Coconut oil Bulk FOB 92.00 Old drum FOB 106.00 Now drum FOB 102.00 Copra Mixed (loose) 52.00 sellers Pepper ft! ,|t I, mvinvH Willi FOB NIW 490.00 Sarawak wMt* FOB faq NLW 480.00 Sarawak special block
      165 words
    • Article
      Palm Oil
      53 8 ROTTERDAM: Closing prices on Oct 11 Palm ot av<*• Sumatra/M'iia option (US$/tonn«) Oct/Nov 315* Ok 320* Palm olltDFOI (USS/tom) Oct/Nov 292.50* Ok 297.50ik OMn MO KM (USt/Mm) Nov 297.50* Ok 300* St*ortn R60 Pororo M'lla OF SaMardam (USS/twww) Nov/D*c 285* ion/Mar 290* Palm k*m*l oH OF (US$/tann«) Oct/Nov
      53 words
    • Article
      Lock icon Crude Oil and Products
      141 8 Telerate Market outlook in the i short-term held steady. A few traders believed the current $93-5 mt range will slip lower on the back of high refinery runs. Others, however, said rising demand would ab- sorb these availabilities. A second-half November cargo was sold at $95.25
      Telerate  -  141 words
    • Article
      London markets
      204 8 London Commodity Exchange Buyer/Seller closing prices on Oct 11 (£/tonne unless specified). Previous closing prices In parenthesis. Coffee Basis ln-storo London, sellers option OF London Nov 695/696 (686/690) High/Low 705/675 Jo 680/682 (672/674) High/Low 685/660 Solos (3102) Cocoa Doc 746/748 (752/760) High/Low 750/729 Mor 725/726 (719/720) High/Low 728/704
      204 words
    • Article
      Lock icon Soybean
      203 8 Reuter NOVEMBER CBOT soybeans ended steady at U555.52-1/4 on Wednesday. Other months rose 3/4 to 3.0 cents. Traders squared positions ahead of yesterday's USDA crop report in light volume dealings, they said. Commercials traded both sides. Cargill and lowa Grain Co were noted buyers. A mildly friendly reaction to
      Reuter  -  203 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      102 8 $9.00++ per person For 1 to 4 persons 3 courses with soup f For 5 to 6 persons 4 courses with soup For 7 to 8 persons 5 courses with soup (includes 1 'live' fish dish) S For 9 to 10 persons f 6 courses with soup f Price includes
      102 words
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      Page 8 Advertisements Column 2
      65 8 YOUR HEALTH IS YOUR WEALTH. //W bedding collection Made to Relieve Bad Backs than 49% and get a free gift! SPECIAL OfITHOFWM QUEEN SIZE 5 —A ■'l r T7 'lOtßo PARKER GENUINE LEATHER JF CHEQUE WALLET WITH PENSjT.. CALCULATOR 1 M ROLANDS Om~m+ mm+ 9mm Sr NO. 315 ALEXANOHA ROAO
      65 words
  • Page 8 Miscellaneous
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  • FOCUS
    • Article, Illustration
      Light as a leaf on Pacific waters
      1832 9  -  In an exclusive interview with BT last month, Canadian Prime Minister Brian Mulroney spoke to Foreign Editor ASAD LATIF about his plans for Canada in a changing world. The accompanying piece is a profile of Mr Mulroney. ASAD LATIF FOR A STRUCTURE as
      1,832 words
    • Article
      Elected by workers whose jobs he had cut
      592 9 ONE OF THE REASONS for Brian Mulroney's success as a politician, an observer said, is his fluency in French. In Canada, bilingualism is not a luxury: it is a necessity, in politics as in business. If that is so, Mr Mulroney was
      592 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      41 9 TeeTo Green, Get A Better GripJ^SKK^i^. illfoi KARIMIMA PTE LTD Available at all authorised dealers and country club prvshops. 11l At w #07-22 Peace Centre Front Podium I Sophia Road. 1 11 lVv Singapore 0922 Td *****25 c r 1 f
      41 words
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  • PERSPECTIVE
    • Article
      Nominated MPs: First things first
      534 10 BUSINESS TIMES FRIDAY, OCTOBER 13, 1989 SOMETIME in the future, the House may resonate with the voices of nominated MPs. Like non-constituency MPs, the idea of nominated MPs is uniquely Singaporean, a brave new attempt to push the frontiers of our own brand of parliamentary
      534 words
    • Article, Illustration
      Lock icon Faithfully keeping the wheels of the Commonwealth turning
      1583 10  -  Shridath Ramphal has done much to sustain the Commonwealth in its deepest moments of doubt and division. Even his most bitter critics acknowledge that. Now, after nearly 15 years in office, he is due to step down next year. ROBERT MAUTHNER interviews
      FT  -  1,583 words
    • Article, Illustration
      Lock icon Contenders for top job running neck-and-rieck
      932 10 AFP FORMER Australian prime minister Malcolm Fraser, a towering 192 centimetres tall, stands head and shoulders over Nigeria's Chief Emeka Anyaoku, but officials say they are neck-and-neck in the race for top spot in the Commonwealth to be decided at Kuala Lumpur next week.
      AFP  -  932 words
    • Article, Illustration
      Lock icon Demonstrating the right way to privatise
      847 11 In 1983, the Mahathir administration announced Malaysia's privatisation policy. A year later, Indonesia began a series of deregulatory packages easing trade and banking, removing barriers protecting government-run industries and z relaxing restrictions on foreign investment. The following articles discuss the impact of these changes
      Bernama  -  847 words
    • Article, Illustration
      Lock icon A quiet revolution towards more private enterprise
      1243 11 INDONESIA NYT IN THE LAST few years, there has been a quiet but undisputed economic revolution in Indonesia, which is moving away from the traditional economy planned, dominated and often owned by the state towards more deregulation and private enterprise. This turnaround has
      NYT  -  1,243 words
    • Article
      Lock icon Turning into a cotton importer again
      948 11 CHINA FT FOR THE FIRST TIME since the early 1900 a China ia now facing the prospect of once again being a major cotton importer. With the fall crop beginning to be harvested in September, Western analysts say the country is likely to experience
      FT  -  948 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      99 10 _Jf!i jfi i#rlii rfiss y*S=l e 1 Pi J SS SS s Lj2„s 1 1 S 5 BT Special SUPPLEMENT The Property Supplement. For the third year running Business Times surveys the property market. We ask analysts, consultants and government agencies what they think is in store for investors. We
      99 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      29 10 CMT&au i trust Tueft fPHeu' is sPimrcm on tm£ rneuu e-ift-feR Tkiey RRe tnpo<jNG PaPeJ? CUPSA VTODRM STeotiGej? or i'rn Ge.rr,HG ueA<ej? J IuZZZZI \i Ff rvTNMO CO tro.
      29 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      108 11 FOR BITS AND BYTES Geared to keep the busy business J executive abreast of new technologies he can exploit to full advantage, the I TECHNOLOGY page provides news, I J reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its primary
      108 words
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      Page 11 Advertisements Column 2
      289 11 THROUGH D/STANCE LEARNING The UNIVERSITY OF JhR WARWICK in collaboration with Wosley Hall Oxford, now offers you an MBA DEGREE through DISTANCE LEARNING. This unique MBA programme devised jointly by the prestigious Warwick JSl] University and the internationally known Wosley Hall Oxford, allows you to study at home, at times
      289 words
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  • Article, Illustration
    Cartier unshrouds Egyptian Collection
    518 12 BT SPECIAL ADVERTISING FEATURE |r I ANCIENT EGYPT. with its colossal M statues, monumenM tal architecture and W" sacred symbolism M continues to arouse the same admiration and interest today as it did when the splendours of its 3,000-year-old civilisation captured the imagination of Louis Cartier
    518 words
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  • Article, Illustration
    Taming the jungle with diamonds
    296 13 CARTIER have become jewellers par excellence for fabulous bejewelled animals. The natural grace of animals, with their glistening furs or shimmering feathers has always fascinated Cartier. For generations their craftsmen have been striving to capture in their jewellery the subtle colours of animals, the variety
    296 words
  • Article, Illustration
    Neo-Classical geometric sophistication
    165 13 THE NEO-CLASSICAL SERIES complete the coordinated statement of elegance and sophistication in Cartier's latest collection. Designs in this line consist of geometric motifs with pave diamonds on a Panthere chain. Diamond pave has become one of the basic elements of Cartier jewellery and also one of the
    165 words
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  • LIFESTYLE
    • Article
      Japanese readers' love affair with Harlequin
      915 14  -  ROMANCE By MIEKO YASUHARA The writer works pert time as a consultant to Harlequin, checking the accuracy of En-glish-to-Japanese translations. STICKING to a tried-and-true formula that invariably ends in marital bliss, the Canadian publishers of Harlequin romance novels are enjoying a 10-year love affair
      915 words
    • Article, Illustration
      Lock icon The reality of war unveiled
      1085 15  -  BEHAVIOUR By RICHARD BERNSTEIN NYT THE LAST TIME Paul Fussell wrote about war, it was World War I, and his book, The Great War and Modern Memory, won two major book awards and became something of a classic. Fussell has now returned to the subject
      NYT  -  1,085 words
    • SHORT TAKES
      • Article
        Voronezh aliens on TV
        137 15 MILLIONS of Soviet viewers on Wednesday night saw for themselves the aliens that created a cosmic sensation with their purported landing in the Russian town of Voronezh. But they saw it through the eyes of a child. The Soviet nightly news programme Vremya showed a drawing
        137 words
      • Article
        Tips on doing business in Japan
        218 15 BRITISH BUSINESSMEN who want to get past first base in Japan should be prepared to do some hard sake drinking, avoid blowing their noses at dinner, and never ask for milk and sugar in their green-leaf tea, according to a consultancy company. The Japanese
        218 words
      • Article
        'Presleynost is better'
        158 15 KOLYA VASIN, the Soviet Union's biggest Elvis Presley fan. wants to unite East and West using Presley's music. President Mikhail Gorbachev's efforts to promote more openness, or glasnost, in Soviet society are admirable, says the self-styled rock and roll ambassador, but in the area of rock and
        158 words
      • Article
        Lock icon Critic pans ex-rocker's opera
        125 15 Agencies FANS are enthused about the world premiere of Holy Blood and Crescent Moon, an opera by Stewart Copeland, former drummer of the rock group Police, but a newspaper music critic panned it. "Music is the heart and soul of opera, and Copeland's score rises only
        Agencies  -  125 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      269 14 U/fen? to entertain... Whetvtv entertain... Where to entertain... Whereto r.. ,/',jL' j For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****10 or *****85 ext *****/6. PALM GRII.I. TwWtsTiNPlaza Westin HonuilUwan Seafood Treasures 1 -31 October Savour exquisite seafood dishes
      269 words
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      Page 14 Advertisements Column 2
      246 14 IBBQ Dinner at the Poolside Amidst the bustle and hustle of Orchard Road, enjoy a BBQ Dinner in the peaceful surroundings of our Rooftop swimming pool A gourmet range of chops and seafood to your favourite local items like satay and otak. To end the meal with all kinds of
      246 words
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      Page 14 Advertisements Column 3
      201 14 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy lour tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per perSOn.
      201 words
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      Page 14 Advertisements Column 4
      195 14 S^b| Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $B++ Plaza Hotel smcAfoti [WAHWCQLOOtfUHItIVITIWCI fear* fc»dS«9*orr *****H *****11 f Paramount Hotel The Gazebo presents a unique blend of pure pleasure sheer delights BEFORE 81 AFTER >nn^K* 77i£ amazing quintet, with |W j Jpfl an amazing name. They'll
      195 words
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      Page 14 Advertisements Column 5
      248 14 ENTER AND FEAST AT OUR 1 GERMAN BANQUET TABLE I Smvur the works of our masterchefs as they lay the tables for a lavish feast fit for kings. With over 60 German favourites, our German buffet lunch at The Belvedere is almost as good as a culinary tour of the
      248 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      136 15 entertain....) Afternoon I Tea Will I Be Served I In The Park.l Tea-time at Cafe- in -The-Park is delightful. I You U enjoy exquunie teas as well ad a Uisty I buffet spread of oven-fresh pastries, scoties and I other delirious afternoon delights. I Afternoon Tea: Monday to Friday, 3pm
      136 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      752 15 CRYPTIC PUZZLE r— —bk- —I j s i ig —I 1 33 Where climbers make 21 Insect (3) I I I I new friends (4) 22 Man's name (3) ""■H" IIH ri qv D ***** F 23 Means of entry (6) 4 Woman a sailor has a I I I
      752 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1410 15 TV and RADIO Roughriding cowhands OUR CHOICE LONESOME DOVE, 10.30pm. SBC 5 Texas to Montana becomes an adventure for two former and Lee Jones play cow punchers 1 dream getting on with of cattle. the meantime, they to contend with is some lonesomeness in the wilderness and treachery. Danny f
      1,410 words
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  • SPORTS
    • Article
      Australia hands Singapore its third consecutive defeat
      533 16  -  SQUASH By A SURENDREN SINGAPORE found itself sinking deeper into the pit of squash's oblivion in the Singapore Air-lines-Ascot World Squash Team Championship at the West Coast Recreation Centre yesterday. The team received its third consecutive defeat at the hands, or rather rackets,
      533 words
    • Article, Illustration
      Lock icon Lendl overpowers Shiras
      407 16 TENNIS AP WORLD NUMBER ONE Ivan Lendl slammed down 14 aces yesterday on his way to a 6-2, 6-4 victory over out-gunned American Leif Shiras in the second round of the U*****,500 Australian Indoor tennis championships at the Sydney Entertainment Center. Two-time champion Lendl breezed through the
      AP  -  407 words
    • Article
      Lock icon Baptism of fire for new skipper
      230 16 CRICKET AFP NEW CAPTAIN Krishna Srikkanth faced the supreme test when India opened the Champions Trophy in the United Arab Emirates yesterday. The Indians were to start out against West Indies the favourites for the U5535,000 first prize in the nine-day, six-match round robin
      AFP  -  230 words
    • Article
      Lock icon GOLF Ballesteros opts out of Volvo Masters, World Cup
      455 16 AFP SPANISH superstar Severiano Ballesteros delivered a double snub to his country on Wednesday by pulling out of the Volvo Masters at Valderrama this month and the World Cup in November. The world number two said in Wentworth that he was
      AFP  -  455 words
    • Article, Illustration
      Lock icon Mansell shatters lap record
      173 16 MOTOR-RACING AP BRITISH Formula One driver Nigel Mansell on Wednesday shattered the lap record at the Ferrari home track of Fiorano, as he tested his Ferrari car for the two remaining World Championship races in Japan and Australia. Mansell, who did not start in the Spanish
      AP  -  173 words
    • Article
      Lock icon Some rather unusual problems
      313 16 BASEBALL AFP THE "Bay Bridge World Series" between the San Francisco Giants and the Oakland Athletics is posing some unusual problems tor fans and organisers. The best-of-seven game championship series, which begins in Oakland tomorrow, is the first match-up between teams from the same metropolitan area
      AFP  -  313 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      50 16 All you need TO KNOW ABOUT THE FOREMOST BUSINESS HOTEL IN KUALA LUMPUR. The Regent. Opening November Ist. the KUALA LL'MPL R A REGENT®INTERNATIONAL HOTEL AUCKLAND. BANGKOK. BEVERLY HILLS. CHICAGO. FIJI. HONG KONG. KUALA LUMPUR. MELBOURNE. NHW YORK. SINGAPORE. SYDNEY. TAIPEI. KUALA LUMPUR: TEL (3) 241-8000, TLX *****. SINGAPORE: 737-3555.
      50 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Things are looking up for Chuan Hup
      539 17 moq mm™ HOCK LOCK SIEW CHUAN HUP Holdings (CHH) looks well-oiled and all geared up to reap the benefits of the recovering Indonesian offshore oil and gas industry which bottomed out in the first half of this year. Although part of the benefits
      HOCK LOCK SIEW  -  539 words
    • Article, Illustration
      Going global will result in more jobs: Philip Yeo
      334 17 DBS BANK INVESTMENT CONFERENCE GOING GLOBAL will not just spin out more dollars and cents for local companies, but will create more jobs for Singaporeans, overseas and at home. This was the point made by Mr Philip Yeo, chairman of the
      334 words
    • Article
      Lock icon Six big Philippine firms to be listed on Manila stock exchanges
      278 17 Reuter AT LEAST six big Philippine firms will be listed on the country's two stock exchanges by mid-1990, said the chairman of Makati Stock Exchange Inc. Speaking to reporters covering the DBS Bank Investment Conference yesterday, Eduardo Lim mentioned
      Reuter  -  278 words
    • Article
      UK's Sesdaq Fund may seek listing on the SES
      510 17 THE SINGAPORE Sesdaq Fund Ltd of the United Kingdom might seek a listing on the local stock exchange eventually, said fund manager and director Charles Fowler yesterday at a press conference. The US$3O million fund, to be invested in shares listed
      510 words
    • Article
      Amcol extends accord on Anak Bukit purchase
      204 17 AMCOL HOLDINGS LTD has extended its agreement with the vendors to purchase the entire issued capital of Anak Bukit Sdn Bhd for the second time. The company announced yesterday that the conditional sale and purchase agreement signed on March 29, 1989. with the
      204 words
    • Article, Illustration
      UEL buys into Apex Pharmacy in S'pore, M'sia
      567 17  -  By MAGDALENE NG UNITED ENGINEERS Ltd (UEL) is fast expanding its pharmaceutical and other healthcare services division with the proposed purchase of stakes in the Apex Pharmacy group of companies for $3.53 million. The acquisition will thus put UEL in direct competition
      567 words
    • Article
      APPROVED ISSUES
      362 17 Company RIGHTS ISSUE Ayer Hitom Tin One for-three M$l X per star* Ex dote Oct 12 Books dose: Oct 26 Acceptance I Payment: NYA Causeway Inv tenounceoble rights «ue of $7 25* nominol amount of 6% unsecured notes with TSts to subscribe for new Causewy shores Shareholders wiH
      362 words
    • Article, Illustration
      Alan Yeo to take over as Rothmans chairman
      452 17  -  By WILLIAM CHIA PROMINENT LOCAL businessman Alan Yeo Chee Yeow is taking over from Mr Tan Keong Choon as chairman of Rothmans Industries Ltd. Mr Yeo. who is also chairman and managing director of Yeo Hiap Seng Ltd, was appointed a director
      452 words
    • SES
      • Article, Illustration
        Afternoon buying lifts STII to post-Crash high
        1136 18  -  -by ABDUL HADHI THE SINGAPORE stock market saw prices picking up in the afternoon yesterday, spurred on by late buying interest and bargain hunting. This pushed the Straits Times Industrials Index up to yet another post-Crash high. The 30-com-ponent-stock index closed 2.87 points
        1,136 words
      • Article
        Unit trusts
        315 18 Managers' prices for Oct 13 Royal Trust Asset Mgt KT S'pore Gr Fund 090 096 KT Aso fac Gr Fund 1185 1 245 Singapore Unit Trust The Commerce 1 25 132 The Savings Fund 107 1.13 S'pore Prog Fund 0.47* 0.51* S pore Sec Fund 0 78 083
        315 words
      • Article
        COMPANY MEETINGS
        56 18 INDUSTRIAL ft COMMERCIAL BANK LIMITED: EGM at the boardroom of United Overseas Bank Limited, 30th Storey. (JOB Building, 1 Bonham Street, Raffles Place. Singapore 0104, on Oct 16. Monday, at 12 noon. GULA PERAK BERHAD: AGM at Malacca Room. Lower Lobby. Shangri-La Hotel. Jalan Sultan Ismail. ***** Kuala
        56 words
      • Article
        SES SHARE INFORMATION
        6647 18 Qr's Gr'i 19W Tal Last Vol Day Last Quote Dlv Dlv Y'ld Not M Cap High Low Codo Company Salo or- ('000) High Low Buyor Sollor C'vr P/E $mll OCT 12 SESDAQ 275 120 4000 Amtek Eng 20* 271 unch 28 271 271 270 271 12.0N 6
        6,647 words
    • COMPANY NEWS
      • Article, Illustration
        Lock icon Eight KL companies among Asia's top 250: magazine
        636 19 MBT EIGHT MALAYSIAN companies, with a combined turnover of US$7.5 billion, are among the top 250 companies in Asia The companies are Petronas, Sime Darby, Malaysia Airlines, Perl is Plantations. Malaysian International Shipping Corp. Shell Refining, UMW Corp and Esso Malaysia Perlis
        MBT  -  636 words
      • Article
        Lock icon Dreamland to make stainless steel parts
        552 19 Bernama MATTRESS manufacturer Dreamland Holdings Bhd is diversifying into the making of stainless steel components with an investment of Ms 42 million, chairman Tunku Abdul Rahman Tunku Ahmad said. The project would be funded from internal reserves and its proposed two-for-three rights issue of
        Bernama  -  552 words
      • Article
        COMPANY BRIEFS
        290 19 MALAYSIAN PACIFIC Industries Bhd, a member of the Hong Leong group of companies in Malaysia, has acquired two fully-paid shares of M$1.00 each for cash at par in Rampai Saujana (M) Sdn Bhd (RS), or the entire issued and paid-up capital for the time being of RS. RS
        290 words
      • Article
        DIVIDENDS ANNOUNCED
        1006 19 Current Ei Books Oat® Total lor To* tar payment data ctoaa pay aWe y—r to* yeor A I S I 12%(b) Dec 27 Jon II Jon 23 12% 10% Amol Steel 8%TE(B Nov 30 Dec 14 Jon 22 8%TE 8%TE Asiatic Dev 2.5% ill Oct 5 Oct 19
        1,006 words
    • REGIONAL MARKETS
      • Article
        Lock icon Enrile heads two-billion-peso group
        281 20 AFP PHILIPPINE OPPOSITION Senator Juan Ponce Enrile has emerged as head of one of the fastest growing conglomerates in the country, according to the Far Eastern Economic Review. The Hongkong-based weekly said yesterday that Jaka Investments Corp, a holding company 73 per cent owned by Mr
        AFP  -  281 words
      • Article
        Lock icon More Tokyo companies pay Iranian oil bills in advance
        270 20 Reuter MITSUI and Co Ltd and Marubeni Corp have paid or agreed to pay US$l5O million each in Iranian crude oil bills in advance, following the lead of Toyo Menka Kaisha Ltd. Mitsui and Marubeni officials said on Wednesday this would
        Reuter  -  270 words
      • Article
        Lock icon Thai bourse to go on-line
        88 20 Reuter THE THAI stock exchange has signed a deal with the Midwest Stock Exchange of Chicago to buy a computer system which will fully computerise trading in Thailand by early-1991. An official of the Securities Exchange of Thailand said the new system, which will partly
        Reuter  -  88 words
      • Article, Illustration
        Lock icon Broad tumble
        518 20 Tokyo Reuter PLAYERS yanked their cash out of equities yesterday as the bond market fizzled and the yen remained wobbly in spite of a rise in Japan's discount rate on Wednesday. Prices tumbled to end broadly lower in moderate trade, with an extra push by late index-linked selling.
        Reuter  -  518 words
      • Article, Illustration
        Lock icon Sharply weaker
        516 20 Sydney Reuter CONTINUING negative fall-out from the slide of News Corp's shares dragged the Australian stock market to a sharply weaker close yesterday. The All Ordinaries Index finished 17.2 down at 1,730.6 and dealers said they expected a further fall amid concerns about offshore and local interest rates
        Reuter  -  516 words
      • Article, Illustration
        Lock icon Stocks end lower after seesawing
        1308 20 Hongkong Reuter THE HONGKONG stock market has entered a consolidation period after Wednesday's announcement of the government's ambitious HKSI27 billion infrastructure development plan. The Hang Seng Index cloeed 14.33 points lower at 2,793.45 yesterday. It retreated after gaining 18 points by mid-morning. "There was a
        Reuter  -  1,308 words
      • Article
        Lock icon Bombay: Speculative buying
        92 20 Reuter SHARE PRICES rallied yesterday on heavy institutional and speculative buying after the market opened on a cautious note, brokers said. They said sentiment was nervous as market men awaited further disclosures about pay-offs in a US$l.3 billion gun deal involving Prime Minister Rajiv Gandhi's government. Opposition
        Reuter  -  92 words
      • Article
        Lock icon Taipei: Slightly higher
        403 20 Reuter TAIWAN share prices, buoyed by banking stocks, gained slightly yesterday amid a sell-off after investors sold their holdings to take profits, brokers said. The Weighted Index rose 6.58 points to close at 10,293.66 compared with Wednesday's 10,287.06 finish. Turnover climbed to NT5140.73 billion from NT5126.16 billion
        Reuter  -  403 words
      • Article
        Lock icon Bangkok: Active trade
        258 20 Reuter SPECULATION about third-quarter earnings pushed share prices higher in most sectors yesterday, brokers said. The SET Index gained 2.88 points to close at 700.19 in active trade, with advances leading declines 55 to 50. Most active were Padaeng Industry, Siam Ce- ment and Union Asia Finance.
        Reuter  -  258 words
      • Article
        Lock icon Manila: Across-the-board rise
        161 20 Reuter SHARES rose across the board in active trade yesterday as investor interest spilled into secondary issues which had remained untraded for days, brokers said. The Manila Stock Exchange Composite Index gained 28.15 points to close at 1.264.57. The Commercial-Industrial Index hit a record high of 1,929.23
        Reuter  -  161 words
      • Article
        Lock icon Seoul: Firmer end
        292 20 Reuter STOCK PRICES closed slightly higher yesterday on institutional buying and various rumours the government would take steps to boost the market, but trade volume remained weak, brokers said. "Private investors are not yet convinced the market has begun an upward trend," one broker said. "Institutions made
        Reuter  -  292 words
      • Article
        Lock icon New Zealand: Weaker finish
        154 20 Reuter SHARE PRICES closed lower yesterday on news that Moody's Investors Service might downgrade a paper issued by the nation's biggest bank. Bank of New Zealand, brokers said. The Barclays Index closed at 2.237.93. down 36.79 points. BNZ shares fell five cents to NZ$l.l4 and most
        Reuter  -  154 words
      • Article
        Lock icon Qantas plans to set up new company to raise capital
        363 20 Reuter AUSTRALIAN FLAG CARRIER Qantas Airways Ltd is proposing to raise at least As2so million capital by creating a new company whose sole asset would be a loan to the Australian international airline. Retiring chairman Jim Leslie said in Sydney
        Reuter  -  363 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon From shaky start to wimpy end
        937 21 New York Reuter LATE-SESSION BUYING saved US blue chips from a sharply lower close on Wednesday, but the momentum was not enough to erase concern about interest rates, analysts said. The market got off to a shaky start with a surprise half-point discount rate
        Reuter  -  937 words
      • Article, Illustration
        Lock icon Rally ahead of Lawson's speech
        834 21 London AFP LONDON SHARES rallied yesterday morning as market men clung to hopes that the contents of Chancellor of the Exchequer Nigel Lawson's speech to the Conservative Party conference in Blackpool later in the day would support sterling. At noon, the Footsie 100 shares index
        AFP  -  834 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1614 21 Reuter ZURICH: Most Swiss shares recovered from their early lows in moderate midday trading yesterday as fresh buying interest emerged. The Swiss Market Index of leading shares was 0.8 points weaker at 1,814.8 after touching a low of 1.796.7. The all-share Swiss Performance Index edged down one
        Reuter  -  1,614 words
      • Article, Illustration
        Lock icon Volvo in talks with Renault about survival in the 90s
        476 21 Reuter SWEDEN'S Volvo is talking to Renault of France about ways of surviving in the highly competitive car industry of the 1990s But both declined to comment on media reports they were on the verge of linking up to create
        Reuter  -  476 words
      • Article
        Lock icon Experts dismiss bearish forecast for British equities
        382 21 AFP EQUITY STRATEGISTS at three of Britain's biggest securities houses on Wednesday all disagreed with a note released on Tuesday by Peter Thompson, a consultant for Barclays de Zoete Wedd, which predicted that the Footsie index could fall to 1,800 some time next
        AFP  -  382 words
      • Article, Illustration
        Lock icon Coke and Pepsi earnings expected to be good
        382 21 Reuter WALL STREET is expecting favourable news from the softdrink industry in the next few days as analysts have forecast third-quarter earnings to rise from last year for both CocaCola Co and PepsiCo Inc. Atlanta-based Coca-Cola, the world s largest soft-drink company,
        Reuter  -  382 words
      • Article
        Lock icon Ramada Inc puts restructuring programme on hold
        263 21 AP RAMADA INC's restructuring, including the sale of its hotels to a Hongkong company, has been placed on hold, according to the company. Ramada cited "unfavourable conditions in the high-yield credit market" as the reason for its decision not to proceed with an
        AP  -  263 words
      • Article
        Lock icon 121 guilders for each Hagemeyer rights share
        148 21 Reuter DUTCH TRADING firm Hagemeyer NV, 60 per cent owned by Hongkong's First Pacific Co Ltd, has set the issue price for its one-for-12 rights issue at 121.00 guilders per share, according to lead manager Amro bank. First Pacific and the Noro Group
        Reuter  -  148 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      139 17 Keep your investment decisions on target CHARTPOINT Every Saturday in BT*s weekly Personal Investment pages #CS_ Health Corporation of Singapore Pte Ltd We invite professional firms with proven past experience in managing large construction projects especially hospital construction to provide PROJECT MANAGEMENT SERVICES for the construction of 3 large Hospitals
      139 words
  • Page 17 Miscellaneous
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      517 20 NOTICES THE COMPANIES ACT, CAP. 50. TIMBER INTERNATIONAL MANAGEMENT SINGAPORE PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of TIMBER INTERNATIONAL MANAGEMENT SINGAPORE PTE. UD. duly convened and held at Lorong Hayam Wuruk, No. 4R, Jakarta Pusat, Indonesia on Monday, the 9th day of October 1989, the
      517 words
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      Page 20 Advertisements Column 2
      464 20 PAN PACIFIC TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 101 Cecil St. #24-11 Singapore 0106 on 9 October 1989 the following Special Resolutions were duly paased:1. That the company be wound up voluntarily pursuant to
      464 words
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      Page 20 Advertisements Column 3
      637 20 TOYON INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Oeneral Meeting of the Company convened and held at 1 Colombo Court #07-19 Singapore 0617 on 9 October 1969 the following Special Resolutions were duly passed:1. That the company be wound up voluntarily pursuant to Section
      637 words
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      Page 20 Advertisements Column 4
      62 20 KEPPEL FINANCE LIMITED (Incorporated in Singapore) ANNOUNCEMENT Pursuant to Article 23 (4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at 30 September 1989. 0 64% of the issued share capital of the Company is beneficially owned or
      62 words
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  • Article
    Pivotal roles seen for S'pore, HK
    488 22  -  BG YEO SEES TWO CITIES BECOMING 'SWITCHING CENTRES' IN GLOBAL ECONOMY By WILLIAM CHIA SINGAPORE and Hongkong look set to become two major "switching centres" as the world moves steadily towards becoming a single economy, in the view of Brigadier-General George Yeo, Minister of
    488 words
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    Taiwan plans to maintain presence in HK after 1997
    388 22  -  By FOO CHOY PENG Hongkong Correspondent TAIWAN intends to strengthen its influence in Hongkong in the run-up to 1997 and beyond, according to its vice-premier Shih Chi-yang. In an interview with the colony's two English papers, Mr Shih was quoted as
    388 words
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    Lock icon Razaleigh woos non-Malay voters
    231 22 AFP TOP OPPOSITION LEADER Tengku Razaleigh Hamzah appealed to Malaysian ethnic Chinese and Indians yesterday to back his fledgling opposition alliance seeking to unseat Prime Minister Datuk Seri Dr Mahathir Mohamad. Tengku Razaleigh, a former trade minister, said non-Malays should not fear his Spirit of 46
    AFP  -  231 words
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    Lock icon Pinball scandal threat to Tokyo politics
    345 22 FT A FRESH financial scandal, involving links between politicians and the operators of pachinko (pinball) gambling parlours, is threatening to disrupt Japanese political life. Like the Recruit financial affair, which led to the ruling Liberal Democratic Party's biggest electoral defeat in more than 30
    FT  -  345 words
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    Lock icon Poor Thai infrastructure hurting foreign investments
    219 22 Reuter POOR INDUSTRIAL infrastructure and port congestion have been partly responsible for a sharp 41 per cent drop in the number of new Thai and foreign investment projects seeking government promotion this year. Chira Phanupong, sec-retary-general of the Thai Board of Investment (BOI). said
    Reuter  -  219 words
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    Plaintiff's perceptions of Catholic Church questioned by defence QC
    824 22  -  PM LEE'S LIBEL SUIT AGAINST FEER By SHOEB KAGDA DIFFERING DEFINITIONS of what exactly constitutes the Roman Catholic Church were the main issue that dogged progress of Prime Minister Lee Kuan Yew's libel suit against the Far Eastern Economic Review, Queen's
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  • LATE FILE
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      Lock icon Same procedures for armed forces
      41 22 Bernama THE MALAYSIAN and Singapore armed forces will soon have common communication and tactical procedures for war exercises involving the two countries, Malaysian Deputy Army Chief Lt-Gen Nik Mahmood Fakhruddin Kami) said in Kuching yesterday. Bernama
      Bernama  -  41 words
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      Lock icon Law son defends policy
      48 22 AFP BRITISH Chancellor of the Exchequer Nigel Lawson defended his controversial monetary policy yesterday, saying that it would work. Mr Lawson was addressing the annual Conservative Party conference in Blackpool, northern England, a week after interest rates were raised to 15 per cent. AFP
      AFP  -  48 words
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      Lock icon Armacost hints at troop cuts
      27 22 AFP US AMBASSADOR to Japan Michael Armacost hinted yesterday that US troops in South Korea might be reduced in the near future.
      AFP  -  27 words
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      Lock icon Australian unemployment up
      35 22 Reuter AUSTRALIAN unemployment rose to 6.1 per cent in September, indicating some slowdown in an overheating economy. But the government is likely to keep interest rates at record levels, economists said. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Nobel Prize for physics
      30 22 AFP THE 1989 Nobel prize for physics was shared yesterday by US professors Norman F Ramsey and Hans G Dehmelt, and West German professor Wolfgang Paul.
      AFP  -  30 words
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    Lock icon Comex
    79 22 Reuter COMEX gold futures were slightly higher in slow early activity yesterday, with only four contracts trading at 0930 EDT. Traders said they were anticipating a featureless day ahead of the release of US Producer Price Index and retail sales data. December gold was US$l.4O higher at U*****.50 an
    Reuter  -  79 words
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      87 22 Congratulations f to Grenfell AsiajBarclays de Zoete Wedd Jardine Fleming James Capel G K Goh on their being voted the top stockbrokers producing the best research on Singapore and Malaysia. (Survey by Euromoney Global Investor.) IN VESTAM AT IC Investment Research Service for the Equities Market For those who make
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      Page 22 Advertisements Column 2
      470 22 ranel discussion Construction activity is just like any other business. To be There will be a panel of prominent local construction able to compete successfully atxoad, our industry must have the experts to discuss the issues raised in Ihe main presentation right requisites to satisfy the overseas market. Our industry
      470 words
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  • SHIPPING TIMES
    • PORT SIDES
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        Lock icon Port Sudan to double capacity
        71 23 Reuter IMPROVEMENTS to be completed next year will boost the cargo capacity of Port Sudan to 18 million tonnes a year from eight million tonnes, the Khartoum newspaper Ingaz al-Watani reported. The port handles most of Sudan's exports and imports. The modernisation is costing US$6O
        Reuter  -  71 words
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        Lock icon Weekend Europe-Carolinas service
        71 23 Reuter CONSOLIDATED FREIGHTWAYS INC's Emery Worldwide unit said it launched a new weekend air cargo service offering customers the earliest Monday morning delivery from Europe to anywhere in the Carolinas. The company said the "Carolina Connection" which begins each Friday when freight from all over Europe is
        Reuter  -  71 words
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        Lock icon No sign of missing Thai tapioca ship
        58 23 Reuter THERE HAS STILL been no sighting of the 16,504 dwt Thai bulk carrier Porn Udom, which is believed to have sunk west of Taiwan on Monday, Lloyd's Shipping Intelligence Service said. The Porn Udom was en route from Bangkok to Taichung and
        Reuter  -  58 words
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        Lock icon Pan Dynasty reported sunk
        69 23 Reuter THE 36,650 dwt South Korean motor bulk carrier Pan Dynasty was reported sunk at 1800 GMT on Oct 5 by the on-scene bulk carrier Yon Eun. The vessel had been reported taking on water about 330 miles south-east of Attu Island, Aleutian Islands, on Oct
        Reuter  -  69 words
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        Lock icon Bulk carrier aground off Jubail
        74 23 Reuter THE 11,627 tons gross Kuwaiti motor bulk carrier Sally was reported aground on Oct 10 on coral some 35 miles off Jubail and 120 miles off Mina Saud jetty fully laden, Lloyd's Shipping Intelligence said. Lloyd's also said that it understands the owners are
        Reuter  -  74 words
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        Lock icon Raising some scotch on the rocks
        87 23 AP THE OWNERS of a ship wrecked off Scotland in 1941 with 20,300 cases of Scotch whisky on board said on Wednesday they plan to salvage what's left of the cargo. Most of the cargo was looted but the ship made the Hebridean island
        AP  -  87 words
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      Australian Searoad back home after five months
      184 23 THE FIRST international car carrier to operate under the Australian tlag, the Australian National Line's Australian Searoad, is now in Adelaide after visiting Brisbane, Sydney and Melbourne on its first Australian visit since going into service in May. Over the past five months,
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      Index to advertisers
      1140 23 ABC ConMtnerline XI S Accord Shpg VW 3/4 AES XII 3 Ahrliner XII 5 AC Toepfer XIII 5 Americon Niugini XH 4 Arrow Lines XI 5 Aisoc Carriage XM 5 ANl III 1/3 ArC line VII 4 AH V 3-5 ASCI V I Altai tin* XII 4
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      Lock icon Call for tighter cruise ship safety regulations
      310 23 Reuter A SAFETY AGENCY called on Wednesday for tighter safety regulations aboard the many foreign cruise ships that visit US ports. An official of the National Transportation Safety Board, which issued the recommendations, said: "As a US citizen, when you get on a
      Reuter  -  310 words
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      KPA's west port project gets into high gear
      359 23  -  By ZULKIFLI ALWI THE KLANG Port Authority (KPA) is expediting the west port project on Pulau Lumut to synchronise it with the conversion of three conventional cargo berths at the north port for container handling. KPA general manager Mr Hashir Abdullah said
      359 words
    • Article, Illustration
      Cosco launches Far East/Red Sea/East Mediterranean service
      417 23  -  By JEAN FOONG CHINA OCEAN Shipping Company (Cosco) has boosted its container operations with the launch of a Far East/Red Sea/East Mediterranean service earlier this month. Starting from Xingang, the twice-monthly service moves down to cover Shanghai, Hongkong, Singapore, Jeddah and Limassol. "Singapore
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    • Article
      APC reports dismal third quarter results
      286 23 TRANS-PACIFIC operator American President Companies has again turned in dismal results, with a third quarter net income of only US$B.l million compared with US$3O.2 million in the same period last year. Chairman W B Seaton said the company, which owns American President Lines, was
      286 words
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      Mixed reactions to reform agreement
      500 24  -  By JOHN SPIERS CRITICISM of the in-principle agreement on waterfront reform was refuted after its announcement by Australian Minister for Transport and Communications, Mr Ralph Willis, when he confirmed the government's endorsement of the agreement. Mr Willis admitted that the agreement was only a "first-stage"
      500 words
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      Lock icon Canberra approves redundancies
      223 24 Reuter THE AUSTRALIAN government on Wednesday approved mass redundancies among Australia's dock workers In sweeping waterfront reforms to make Its ports more efficient. Employers and unions, completing three months of talks, have agreed In principle to retire 3,000 dockers and change work practices over the next three
      Reuter  -  223 words
    • Article
      Bunker market report
      543 24 Density Water Carbon Ash Aluminium Sediment 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 18.0 0.15 30* 0.10* Northern Europe 180 Ave 984 0.2 13.2 0.05 8 0.02 180 Max 994 1.2
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      Lock icon British destroyer rescues men from sea
      231 24 AP A MERCHANT ship capsized in the Arabian Sea off Oman on Wednesday and a British destroyer rescued 10 of the 12 crewmen on board, the British Ministry of Defence said. The Royal Navy destroyer HMS Manchester was continuing a search for the two
      AP  -  231 words
    • Article, Illustration
      Lock icon W Africa recovers from contaminated meat scare
      576 24 AFP WEST AFRICAN countries appear to be recovering after reports suggested that a huge consignment of contaminated meat from Western Europe and North America was being sent to the sub-region, analysts in Abidjan said on Wednesday. The regional meat scare began when the
      AFP  -  576 words
    • Article
      Container schedules/Ships in port
      2027 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Ac Concord cajm 16 1089 2200 I3/I8X 13/1900 TVfo. 2 N2 00 KJ7 AH. Tf*, ***** *****9 0300 IMI7X IMX30 TI*/9o« 2 03
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      Yang Ming slapped with US$276,000 fine by FMC
      243 25 YANG MING LINE has been slapped with a U*****,000 fine by the US Federal Maritime Commission in a long-running dispute over the Shipping Act's controversial "similarly-situated shipper" clause. A Seatrade Week report said FMC administrative law judge Joseph Ingolia's decision will be
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      London Freights
      1021 25 FEW NEW fixtures circulated the dry cargo freight market on Wednesday, although the Baltic Freight Index managed a further three points gain to 1,479 based on recent business. Brokers said a combination of holidays in the US and Far East at the start of the week, coupled with
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    • Article
      SHIPPING LIST where your ships are due
      9774 32 AAAMUG Net—» StmoKhe Nor—n Line. Oct 11 Htng He Clwie Ocw SUpt Oct 14 Mtng Moon. Tan« Mtng UM. Oct 14 vtao do Voqo CM D Akawnom Oct 11 MM oerme ScarOufcMt Oct It Ever Qtvon. Evorgreon Oct N ««M Meru Trtot. Oct
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      51 23 "The Illustrated Encyclopedia of Wildlife" PPHMHRV Fortnightly all good bookshops «eus-sAfln<ys.d •TP DMrta /jS»5\ Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National V'frMlffil Shipping Association. v 5" For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS *****
      51 words
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      Page 23 Advertisements Column 2
      261 23 ■SgSgjgl A lively way with MS wortU mm Amßabh at good bookthopt Tj ————rlaral fti A»Mr ail i reoffil rUDVIC«i>OOS MAKING THE RIGHT BUSINESS DECISIONS STARTS WITH A SUBSCRIPTION TO J SINGAPORE X i [IJ BUSINESS p, Ca,, receive! YOUR PRIZE A DUNHILL ELITE WATCH subscription rates —The Dunhill Elite
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      Page 23 Advertisements Column 3
      138 23 INSIDE Criticism of pact refuted CRITICISM of the irv-principle agreement on waterfront reform was refuted after its announcement by the Australian Minister for Transport and Communications, Mr Ralph Willis, when he confirmed the government's endorsement of the agreement. PAGE II HPI WW* wKtFmm Spoilt meat scare subsides WEST AFRICAN countries
      138 words
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      70 24 NOTICE J M.V "TWINKLE ACK" VOY.I ARRIVED SINGAPORE 1.10.W Consignee of all damaged cargoes ex the captioned vessel la hereby notified that a General Survey will be held on the 14th October IMS (Saturday) at Keppel Wharves K 19 from 0900 hours 1300 hours. No further survey will be entertained
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      1976 25 Wll// sssnat/s/ut~* m m UyJUL r®i srs"i a LVA/J PESAKA JAR DINE SHIPPING MMKS SON.■* M 11l I wntwwog Ui law not [hyc |hfx voseuvota« 1 |mp| lm qia [nek lute nra_ ooa. faith is 2/1 up w mi w nn ooa faith u fa n 4m am mu W
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      Page 25 Advertisements Column 2
      2484 25 V«MI Voy ETA I FTP "Port 'Panang K«nng DESTINATIONS Thta week Mam M Ctoeing T\m» Feeder by CY 10/10 0400 HRB M Farco A CFB *10 WOO HRB M Tauro I OAK IIQB HOP I MEM I ATI I MIA I CHS I BAL I PHL I HYC I MOW
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      1200 26 f ROTTEROAM/I VOY NO S'POWE P. KELANG SOUTHAMPTON HAMBURG BWEMERHAVEN ANTWERP LE HAVRE ALASKA MARU *****6 18/10 20/10 7/11 8/11 11/11 12/11 14/11 MONTE ROSA 04/503 19/10 13/11 17/11 9/11 8/11 12/11 LARGS BAY 17/509 25/10 27/10 14/11 16/11 18/11 IWII 21/11 CITY OF EDINBURGH 86/505 26/10 20/11 14/11 16/11
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      500 26 NORTHBOUND TO UKC pS'PORE ROM/A DAM HBC HULL (U.K.) 1 FORTHBANK V-2SN In Port 1/11 13/11 17/11 IVY BANK V-2SN J/11 4/12 9/12 13/12 TAUSALA SAMOA V.I6N W *1 10/1 14/1 FCt to AMararp/Bcwwn/faltulawa/Sauthaa^lan/Balfart/CattiiaOMro 1 SOUTHBOUND TO PAPUA NEW GUINEA 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) I SPORE I MORAYBANK VUS
      500 words
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      Page 26 Advertisements Column 3
      1437 26 wvm&M&m. &xam REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE, VSL/VOY SIN PRS ALG BCL FEL HAM IRE ROT ANT LNA S A (VIA (VIA S) HAM) ROT) NOR ASIA SAMANTHA 8929 3 13/10 29/10 2/11 4/11 7(11 *11 10/11 11/11 12/11 13/11 ARABIAN SEA 930W 20-10 till 11/U l|b
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      1485 27 Steamers Maritime Holdings Ltd P&O flnv STRAITS SHIPPING Containers 1l» gja" I**1** rp« PJOMTI tin rtof nmrta u* AUftKAMM IKK ant I|U Kfll U/U U/U l«U ACCEPTS CARGO out SAILS IXJT 22 22} 2U SI 2Si JXi »AJAHB*OO« w* au*., ue,™ mpt wo* an* inmuMM a/a aru m/u a/11 wi
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      Page 27 Advertisements Column 2
      1513 27 TO: EUROPE TO: FAR EAST t* i u bqm HAH BRE FIX smmk NK KAO m NANJIN MTTEROAH MB l«l BAI Bfll W W NANJIN LENAVRE ME W* ttfll W* CMOYANG CHA HCt BMW 11/11 l/U IfU WU UAI IVII CMOYANG PARK Ml Btfll 0/11 *11 NANJIN LENA WE MM
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      Page 27 Advertisements Column 3
      296 27 SPECIALIST IN HEAVY LIFTS JAKARTA ETA SPORE 16/10/89 ETA JAKARTA 20/10/89 M.V. SEKI MATSUYAMA Voy 80 IMLintermaritime SOUTHERN AFRICA SERVICE OHtgCT MONTHLY SAMJWQa KK SPORE PK DSN CT ojMARicMT* m am am wu i«u mm> mu yi yi m\ m •AIM call* LL t P.L GENERAL AGENTS: HAI SUN HUP
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      771 28 eg lI^HPRHPIVPS^PPIiPiVPWMH lEHB »AwiAwwnYiq I Singapore LmMki tor: I HUN HBUO NL 712 M Oct BAN OA* ANAS I OUAII/hwam amg amg (B/BULK CONTAMER) ETA STORE GUAM SAIPAN yAWOtW »OCT UNOV 12 NOV tFJUmg' W a NOV 7 DEC J DEC TCROHESIA TOUTS DIRECT CALLS SUDJECT ON INOUCHKNT BASIS AfttyOß
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      Page 28 Advertisements Column 2
      689 28 HAN JIN SHIPPING FULL CONTAINER SERVICE HMUM MTTUOMI «W fWI UT "ST 'wi* WJT S CHOYAHG CHANCE OMOT 21/ M I/ll 9/11 **11 12/11 I*ll J W HANJIN U HAVRE OMN 401 2201 2*" «0I M|U 2701 NANNN QAKLANB WE wi It OUOAN Xfll HANJIN HASAN MM 11/11 2*ll 30/11
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      Page 28 Advertisements Column 3
      190 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 mm 51 voy nkc mk mTTc mu mm MV HONG Ql 117 4/» SM 11/10 2S<lO o^lo M/V tai MO s/w 1 iyio
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      1444 28 ALSO ACCEPTING CAMO TO: I I 0 SHSScTot ■BShflP**' ee,IWI mcrmwnue. HDNTRCAL. MMHM MNB VOM I |0 ATLANTA, WC>» WW. MI—HTWMW Tllll 111 f>f I VQKL MP JCD KM FIX MM AMI LNV NYC NfK CMS KSM TYO OSK PUS KSG HKC SBt lir- sS I also acoptnh iojcl pcupcl
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      1286 29 PACIFIC INTERNATIONAL LINES (PTE) LTD J g PIL Building, 140 Cecil Street #0300, Singapore 0106, Tel: *****33 fFAREAST votu. VOY SIN jkt my VOY nkq kao kik vok moo km mm MAJAPAHIT MM 17/10 10/10 tint 40NS 10/10 13/11 11/11 VII 0/11 0/11 (HI oowa 4MB m/io tm «ni sons
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      Page 29 Advertisements Column 2
      688 29 ram moans ston nm rtu«ii *o*» wvk I KaaMaß* lan— (U W W M w I «wu am an* jju «u um um am Mi km 11fit UrUW«U«UHrU| Urn kn 2VM 27/ a wi WU W1 HfU S|U I c»<iiii» am «u miu wu uu mu I LaM* Uprm 1/11
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      Page 29 Advertisements Column 3
      393 29 iWßfetal DJASAGETRI A Joint Europe Service Of: P.T. IMKMTA LLOYD e fX 6£SO«I LLOYO FX tmmu MBOMM P.T. TRIKORA LLOYD uu miJLUUL—mumi imnrmr > muvbv rpoM Aaiaop muau IMAMa RRfHN xuTAj/uat la-am lam nm (ACCEPTING CONVENTIONAL AND COffTAJNCKtSCD CAttO) somai/m* la-um I aru ivu (ACCEPTING CONVENTIONAL ANO COHTAimtSCO CAftGO) LJ
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      Page 29 Advertisements Column 4
      501 29 ka MYANMA FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) S'pore P.Kelang Ponang Bangkok PAGAN VI4JW 11/U Oct MERGUI VB 12/U Oct MAWLAMYINE Vl4» 2/4 Nov 2«/ a Oct I < THE BANK LINE SEMI-CONTAINER SERVICE HEAVY Lin CAPABILITY I EXPRESS TO PAPUA NEW GUINEA 1 Sport MORAYBANK
      501 words
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      1061 30 I ffISSUI VOY *INOO •PK/PNG [sCP LB CHLS NFK NYC HFX I OOCt FRIENDSHIP M I*lo 17/11 19/10 U/U 21/11 23/11 2S/U 2MI I NEPTUNE JAOE 21 23/10 24/10 21/10 11/11 21/U 31/11 2/12 *12 .H ooa FORTUNE 17 3*lB 31/W 2/U 2S/U 5/12 7/12 J/12 13/12 AMBASSADOR BRIDGE 25
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      Page 30 Advertisements Column 2
      681 30 3>3u&£& EXPRESS CONTAINER SERVICE sii»»ii I PJMmi Pmmi KadMl tar MoOmt \M F«atv If fmtm KALIOAS ¥45 17 Oct f iwVWWSfdWW TULSIOAS V 44 )N» aOa a Oct F»—ohta%*MA*< KALIOAS 7Ok lOK lOk FiwoMßfl>**»4* TULSIOAS *45 *Ok UOk UOk Ff«MM***Atal KALIOAS rv a lar lin in N^WNMOW Tramt tan* II
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      Page 30 Advertisements Column 3
      549 30 golden line GUAN GUAN SHIPPING (PTE) LTD lL* IT N O T»*«» SlrMt SINCAPO«( 0104 Til M4IW (It LIN(S) Fu U4SO4 < STRAITS/PERSIAN GULF SERVICE. Vmt f. kmm. tmmm WK Ft* J MT. Oct ixOM WOtaOt* WE Oct a— MUM L—WH fll g SOrt OAI WW at* H— Mf* Oct
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      Page 30 Advertisements Column 4
      674 30 I MMi EAST/FAI EAST Fa A IXI StMtt I VESSEL ETA SHIGAPORE (DESTINATION fl I TW 22/11, MTU DUBAI, DMMAN, NMNAIT. TM IVM 2VM JCOOM tLCL) MEKLT I I AQAiA, roflflfWi BTM am. 27/ M NJUMCL ML TOKYO. KERUM. f I MOHSHJMS,■ftfIHA IAMMX, I iUUN, JwAffTA I Itm urn ar»
      674 words
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      1614 31 Sjxwe NEPTUNE AfiENCfS PTE.TIS \i .k. ftPlifloNßW M Boofcmai holunp Inward/ Ttrmnal CFS gff" H ras! Mm, NUL w Z7mil *****4S H ___(cg_No jj3og74ooooE) ORIENT LINES LTD IV m PIN nc NT MOTORS rSL/VOY SGP UU ru BOM HAM MOTHIB *HL/VOT LB VUBOM HAM SCPFDR rSLTVOYSCP PEG PEN 111 Parfcaea
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      Page 31 Advertisements Column 2
      919 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 120C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PEMN6 p KFLAMC MESSRS MAI THONG SNIPPING 127 Pwwnc Strwt. Pmmi Maitrsu < HAM DC INC SYSTEM
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      622 32 jfeiisu-i INFSafe 1 INTEGRATED CONTAINER SERVICE NOME* OF EACON SttVlCf TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND SIN I ICA I ANT I ROM I NK I RST N. CECIILSKI V9N In Pt 2*M Vli VU *ju 7/U~ TKA£LMANN (01 11/11 VU 11/U 11A1 Wl lUEKLANO VI/M Sill M|U
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      Page 32 Advertisements Column 2
      526 32 Eonternil GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment, Door-to-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. S PORE TEL: *****33 FAX: ******1 F. KELAHQ TEL: 03-Taff74f7 FAX: 03-7E***** MANILA FULL CONTAMER SERVICE VESSEL I VOY I SING I
      526 words
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      Page 32 Advertisements Column 3
      421 32 I Jff FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMAR ANG/PAN J ANG/CIGADING/ BENGKULU VSL ETA ETO LOADING FOR OCLI INDAH 14.10J9 15.10J9 PANJANG/PK. BALAM NAGA JAYA 25.10J9 26.10.® PANJANG LAMPUN6 JAYA 24.10J9 2610.89 SEMARANG/PANJANG PINANG JAYA 16.10J9 17.1089 PANJANG/PK. BALAM PERITA JAYA 17.1QJ9 20.10.89 PAN JANG/JAKARTA ABADI
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      Page 32 Advertisements Column 4
      568 32 /SSRMM ASEAN PORTS BANGKOK < sailings a week Ngow Hock Agency Co Ltd BKK rTel: *****80) VOT SINGAPORE BAHGM* THAWA WW cm $tt WM Twt I 17/ M moama pacific m mm a/a tw ago HYA hi aw W* nfM a/m JOWJI I£«_ Ttar tW to 12/ M thawa mm
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      129 32 Weotherf 1 LEGENO R Fhundefstorm c n $hower Weoft>er W«d dwection with speed bi knots Ravi U Cloudy Shy Wove h^* Sutfocc wmds on mAcotcd by wro»« «M Hy wttfc th« .«d Ci/ O* l 'J c*cle represents raim or light and voriobte winds i_» One haN Heche represents 5
      129 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      976 33 I VESSEL VOY SINGAPORE KHF/OUBAI KARACHI LANKA SRIMANI 71W 20/10 30/10 LANKA SIR! 129W 22/10 LANKA SRIMATHI 71W (B/ll 14/11 LANKA SIRI 130* 06/11 ALSO ACCEPTING CARGO (FCL/LCL) FOR A) MOI AN PORTS MADRAS TUTCORIN COCHIN MANGALORE BOMBAY B) ARABIAN GULF PORTS SHARJAH DUBAI. BAHRAIN DAMMAM KUWAIT; MUSCAT C) RED
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      Page 33 Advertisements Column 2
      327 33 tint of EBwpto) ACCEPTING FCL AND CONVENTIONAL PBVPKO rfA LOAOMO FOH NETSAMET urn* OAMM*I MM. XOMAIA. MXIUn jtnssr AJMAYWONZ a/11 VOY mm AIM MASAAWA HOOCSMi Other porta along the roof workable on_in<Jucement___ Rj MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG ACCEPTING BOTH FCL/LCL CARGO Vessel
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      Page 33 Advertisements Column 3
      1102 33 < m > CRYSTAL FREIGHT > Lf3 SERVICES PTE LTD -v- TEL: *****M/*****22 HONGKONG/ CHINA 17/10 A 21/10 BANGKOK 10/10 A 21/10 P. KELANG/PENANG 20/10 A 27/10 BUSAN 10/10 A 20/10 KEELUNG/KAOHBIUNG 18/10 A 22/10 MANILA 10/10 A 23/10 JAKARTA 21/10 A 20/10 SYDNEY/MELBOURNE 15/10 A 20/10 FREMANTLE 10/10 A
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      Page 33 Advertisements Column 4
      346 33 BAY OF BENGAL SERVICES lEUELI Wt m BAA CAI OH B. ANDREEV 14CW89 14/10 20/10 LEUVE 9112 15/10 19/10 23/10 TIGER BAY ON 16/10 23/10 SUSAK 84N 20/10 27/10 CALABAR 78CNB 22/10 2S/10 TIGER BAY 85N 29/10 5/11 LEUVE 9113 30/10 4/11 8/11 SUSAK 86N 3/11 10/11 CALABAR 79CNB 5/11
      346 words
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      Page 33 Advertisements Column 5
      261 33 nrr Exmst am l*u ~a7n rnO W Su i*u V J t nuows "5S jju w T553 wu Su f W» ai "SO *2 in "Si Si w [J c VUOUK m S "Si TtH "55 Si m f# 1* DATS TO •TPNMT! 1 TO USA/CANADA 1 nrr row* am
      261 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      656 34 j LCL/FCL SERVICE TO/FROM J f LCUFCL^wet T7MM^ZJA//C—ojft PENANG KL: allied-LINK SINGAPORE: //T^\\ SfflSr 04-*****2 03-*****55 778 6522(22 lines* SEES Mwmin On® Suaan Nf/Chriatina Chiaw Elatm Tao/Esther Yap transintra shipping (Singapore) private limited X Cargo bookings Tel: *****88 (5 LINES) CENTRAL MINDANAO 28 Oct MANILA. I TBN OCT Manila, Kaohsiung
      656 words
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      Page 34 Advertisements Column 2
      207 34 EXPRESS SERVICE TO/from CHILE nw nrntoa m tcnoamca iqq amtot valp sai «n »inLJ»BM" *5" 3?= CARGO FOR PUNTA ARENAS. TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Singapore *****00 K. Lumpur *****25/1/1, *****19, Bookings *****01 P. Kolai* 3K7311 L. >111 111 .1 mi I.J mi VSL ETA LOADING FOR
      207 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      804 35 fmrnrnt 5 COMPANIA PERUANA J 5 DE VAPORES i T "PERUVIAN STATE LINE" 4 r ACCEPTING breakbulk/fcl/soc cargoes to/from 4 CALLAO, MATARANI, ILO* t OTHER PERUVIAN PORTS* 2 WITH T/S AT KOBE ON CPV THROUGH BIU OF LADING. 4 Panang* P. Kalang Singapore A 2 KAMALEVEIETT 23/24 Oct 21/22 Oct
      804 words
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      Page 35 Advertisements Column 2
      637 35 FULL CONTAINER SERVICE KXMttM FCL/LCL cargo* to USA Eart A Wait Coart. Cirribbain,East Canada, HAITI Guataaala m* Hondura* VSI [S PORE IMAINLINER [UU> |KST |SAV [NYC [HFX ZIM BRISBANE »10 ZM KEELUNG 11/U IMI Ml 2/12 2IM GUAM 2*lo im NEWYORK «1 Ml M 2 *U IJ/U A. VESSEL 4/11
      637 words
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      Page 35 Advertisements Column 3
      620 35 Msing kwang hang SHtPPINO 4 TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE [VESSEL [SPORE [JAKARTA 1 SURABAYA JENHOL 137 14/10 17/10 A VESSEL ln/10 14/10 I—[VESSEL [SPORE [BANGKOK A VESSEL 11/10 14/10 |A VESSEL 115/10 118.10 DESTINATIONS ETA SMOAPOME > PORT KELANG 13 OCT MANILA 13 OCT HONG KONG. ALL CHINA
      620 words
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      Page 35 Advertisements Column 4
      532 35 PERINTIS LINE I r I WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 32-33 A 14/10 15/10 17/10 17/10 PRABHAKTI 304 305 A 17/10 18/10 20/10 20/10 PRASETIA 34-35 A 21/10 15/10 17/10 17/10 PRABHAKTI 306-307
      532 words
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      Page 35 Advertisements Column 5
      435 35 MBtm FM EAST 15/10 KEELUNG/KAOHSIUN6 14/10 BANGKOK 20/10 MANILA 14/10 JAKARTA r 20/10 PORT KELANG/PENANG 19/10 BUSAN 17/10 TOKYO/YOKO/KOBE 16/10 HONG KONG also accepting cargo to Huanmu/Sheruhm/Fuzhou/ Xiamen/Xingang/Shanghai SIN EIMPE/M 14/10 LDN/FLX/LYP/SOU 14/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations SIM "•*/fiimimk 18/10 L.A./NYC/SFO 16/10 VANCOUVER/TORONTO/MONTREAL SIN
      435 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1184 36 MERCHANT MARINE CO., LTD. EASTBOUND TO USA WESTBOUND FROM USA TO P3W SIN HKG LBH OAK SEA FROM PSW LBH OAK SLA HKC SIN HYUNDAI EXPLORER 2SE 13/10 19/10 o*ll 09/11 12/11 HYUNDAI INNOVATOR 2fW I*o9 21/09 24/09 12/ M I*lo HYUNDAI COMMANDER 12E 20/10 26/10 13/11 IS/11 19/11 HYUNDAI
      1,184 words
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      Page 36 Advertisements Column 2
      962 36 to JE CONTAINER LINE I TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POBT BUM 13/10 A aao MANILA Uflß B Mflt I PINANC 13.10 *JO 10 SUSAN 1900 4» 10 BANGKOK 16 10 i 71,10 TOKYO W» "10 HONGKONG 13 10 IS/10 KOBE
      962 words
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      Page 36 Advertisements Column 3
      551 36 UK/CONTINENT ITRIOI |r»w» pjmmi ISM rwi rtMiwi u* 'MMI *«BM**MMBMB ALASKA Mini MM MM Ml Ml 11/11 IMI Ml MMb i -|'i fif r -in 1 I ■OJTI KHA an. uru Jli 'iu *4u ffij Imlm T>•rmm crnVtomouw* S S jju SB SB SB 3w M*BBBMMM«*MM*«iMBfc MEDITERRANEAN (MED CLUB)* JEDDAH
      551 words