The Business Times, 18 October 1989

Microfilm: NL16820
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, OCTOBER 18, 1989 75 CENTS
    11 words
  • Article
    Lock icon Dow down
    94 1 AFP SHARE PRICES on Wall Street were down yesterday in moderate mid-session trading following an announcement that the August trade deficit jumped some 30 per cent. At BT's press-time at 11pm (1500 GMT), the Dow Jones index of 30 leading industrials was down 24.39 points at 2,632.90 points,
    AFP  -  94 words
  • Article
    Lock icon Footsie down
    94 1 Reuter UK SHARES remained depressed in nervous, volatile trade yesterday afternoon as a sharp early fall on Wall Street suggested recent market turmoil was far from over. A much larger-than-expected U5510.77 billion trade gap was the trigger for Wall Street's decline this time. "The markets overreacted to Friday's
    Reuter  -  94 words
  • Article
    FINANCIAL NEWS SUMMARY
    108 1 Exchange rates US$: 142.1 Oyen 1.8620DM S$1.9605 £> US$1.5770 M$i S $0.7263 Slmex Euro-$ (Dec) 91.70 DM (Dec) 0.5368 Yen (Dec) 0.*****5 Round (Dk) 1.5594 Nikkei Index (Dec) 35,370 Gold prices Spore (buyer's quote) US$365.90 (-US$1.10) London (Morning Rx US$365.65 (-US$0.80 Rubber S'pore November 165.25 cents/kg 0.75
    108 words
  • Article, Illustration
    Major markets make strong recovery
    556 1  -  By MAGDALENE NG SUPPORTED by an overnight rally on Wall Street, major stock markets bounced back strongly yesterday, with most recovering at least half of Monday's losses. But the announcement early Tuesday morning in New York of a greater-than-expected US trade deficit is expected to
    556 words
  • Article
    Lock icon US August trade gap largest this year
    361 1 Reuter AMERICA'S trade deficit jumped a surprising 31 per cent in August to U5510.77 billion, the largest gap this year, the US Commerce Department said yesterday. Exports fell a slight 0.2 per cent to U5530.41 billion in August, while imports soared 6.4 per
    Reuter  -  361 words
  • Article
    Bigger US trade deficit sends dollar reeling
    229 1 NEWS of the bigger-than-expected US trade deficit sent the US dollar falling sharply against other major currencies on western foreign exchanges last night. Shortly after the trade figures were released at 8.30pm (Singapore time), the US dollar was quoted at 1.8485 West German
    229 words
  • Article, Illustration
    Yaohan picks Hongkong to be international headquarters
    432 1  -  By FOO CHOY PENG Hongkong Correspondent YAOHAN, the Japanese distribution and retail group, has chosen Hongkong over Singapore as the base for its international headquarters and holding company. "We did consider Singapore but because Hongkong is the centre of finance and has fewer
    432 words
  • Article
    KL-S'pore ties: kindred spirit of old guard missing
    609 1 PM LEE'S INTERVIEW WITH NST THE KINDRED SPIRIT that characterises relations between old guard leaders of Singapore and Malaysia will be missing from ties between the new political leadership in both countries, said Prime Minister Lee Kuan Yew last Saturday. In an
    609 words
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      53 1 NO MAC .11 Centrepoint #01-30, Forum Galleria #01-46, la collection VanGeef&Arpels Paris CLASSIC Anthnrivd rlp^ipr^ ROY EASTERN WATCH PTE LTD Tel *****39. *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85. *****71 NANKING WATCH DEALERS Tel *****04/*****58 WATCHES OF SWITZERLAND Tel *****43 BISTA (TRADING)
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      217 1 MORE REPORTS: Stock markets that cry wolf, PAGE 5 BA likely to succeed In new bid for UAL; Trump withdraws offer for AMR Corp, PAGE 19 Hock Lock Slew: A boost for Sesdaq, PAGE 15 S^s PAN .T is Sj Faber Merlin unit Asian Market 8 Editorial Comment: 10 Malaysian
      217 words
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      Page 1 Advertisements Column 3
      237 1 and Eirte PM Lh talks to Nanyang Slang Pau, BACK PAGE IA MONTIE DiS MOITRIS I A M 0 T E 0 E S O*T M S GEN hvt m i Time is divided into two parts: before and after Hublot I M m tM o O m Z 11/
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  • HOME NEWS
    • Article, Illustration
      More uses for EDI infrastructure
      560 2  -  TRADENET TO EXPAND SERVICES By JEFFREY TSANG THE GOVERNMENT intends to use the infraatructure of the electronic data interchange (EDI), developed initially to link traders, for other networks, said Trade and Industry Minister BrigadierGeneral (Res) Lee Hsien Loong yesterday. At the official launch of Trade
      560 words
    • Article
      UK-based Vigers teams up with local consultancy
      327 2  -  By WILLIAM CHIA THE UK-BASED Vigers international property consultancy group is the latest to start a Singapore operations following the government's liberalisstion of immigration laws to attract Hongkong residents here. Both its Hongkong and UK office last Friday signed an agreement with local
      327 words
    • Article
      Corrections and clarifications
      47 2 IN YESTERDAY'S story headlined "Singapore signs tax relief agreement with Australia", it was incorrectly stated that profits earned from shipping and aircraft operations will now be fully tax exempt. Profits from aircraft operations are already fully tax exempt. We are sorry for the error.
      47 words
    • Article
      Consumer price index up 2.5 pc
      103 2 THE CONSUMER price index, widely used as a measure of inflation, continued its upward trend in September, rising by 2.5 per cent over the same period last year. Compared with August, however, the index remained at about the same level. Prices of all groups
      103 words
    • Article
      Telecom launches phone enquiry system
      133 2 CUSTOMERS of Singapore Telecom can now check their bills and balances almost instantly by dialling *****00. Aiming at higher productivity, Singapore Telecom is launching an automated account enquiry system in which customers simply dial that number and key in their account numbers. A recorded voice
      133 words
    • Article
      Maintenance, retrofitting market keeps up fast pace of growth
      508 2  -  By SANGEETA MULCHAND THE ANNUAL MARKET for maintenance and retrofitting looks set to pan the $1 billion mark a year ahead of achedule, judging by last yaar's figures. Following tha doubla-digit growth, for tha second consecutive year, in 1968, the $1
      508 words
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      127 2 MANDARIN ORIENTAL JAKARTA Lay back and stretch right out in a bathrooms have a full sized tub to soak sumptuous room. Forget the day even existed. the day away. And of course, our more than forget the noise and hustie and bustle outside. attentive staff will always be there to
      127 words
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      Page 2 Advertisements Column 2
      332 2 Seminars and courses Oct 16-20 Corporate financial CeKwry Park University *****22 Management Strategy Sheraton of California Time* Conferences Oct 16-18 Understanding PC SIM Management Singapore *****66 Applications for House Institute of Manogers Business Management Professionals Oct 18 Development Approach Boulevard Hotel Dominion 225&5z5 to Performance Conferences Appraisal Publications Pte ltd
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      211 2 Global temperatures mmm ji and weather forecast Otty Max/ Mots OUTLOOfc: Shewers •Mn aaer taw areas In Sm PC> men**. Report for 24 hour* prior Afcardaan 13/08 Windy 7.30pm on Oct 17 of Awutardom 15/10 Braaxy Iho ofc-porh 19/10 Sunny Max tamp 32.0 Awdciand 18/10 Shown Aaaoc humMHy. Si j
      211 words
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  • FOREIGN NEWS
    • Article
      Lock icon Moscow imposes price controls on cooperatives
      397 3 AP LAWMAKERS in Moscow slapped price controls on Monday on the privata businesses President Mikhail S Gorbachev fostered to supply goods and services which the state cannot provide. The 542-member bicameral Supreme Soviet took the action in reaponse to public accusations that the businesses,
      AP  -  397 words
    • Article
      Lock icon America ready to provide technical aid to Soviet Union
      220 3 AP THE UNITED STATES is prepared to give technical help to the Soviet Union in the reform of the country'® economy, Secretary of State James Baker said in a foreign policy speech. Mr Baker also called for "reconciliation" of East and
      AP  -  220 words
    • Article
      Lock icon Tokyo aid hurts Philippines: senator
      176 3 Reuter TOKYO'S aid to Manila helped Japaneee exporters and contractors while often hindering Philippine economic development and burying the country deeper in debt, the Philippine Senate majority leader said. Teofisto Guingona told the Senate on Monday that Japan lent money mainly for projects in developed
      Reuter  -  176 words
    • Article
      Lock icon M'sian export structure to change
      436 3 EMPHASIS TO SHIR TO MANUFACTURED GOODS FROM PRIMARY COMMODITIES Bernama THE STRUCTURE of Malaysia's exports is expected to change substantially from primary commodity exports to manufactured goods in terms of total value and within the manufacturing sector itself. Datuk Ahmad Sarji, secre-tary-general of the Ministry
      Bernama  -  436 words
    • Article
      Lock icon Growth in US business sales outpaces inventory accumulation
      261 3 AP BUSINESS SALES far outpaced inventory accumulation in August, the US government said on Monday in a report that suggested unsold goods were not piling up end the US economy was in fairly strong shape. The Commerce Department said invsntories edged up
      AP  -  261 words
    • Article
      Lock icon Bush signs order for spending cuts to take effect
      260 3 AFP THE US government had US$l6.l billion fewer to work with yesterday after the White House and Congress failed to agree on bud-get-reduction measures, triggering automatic spending cuts. In a mere formality, President George Bush signed on Monday an order for
      AFP  -  260 words
    • Article, Illustration
      Lock icon Zhao's capitalist plan failed
      431 4 BEIJING ACCUSES DEPOSED CHIEF OF 'BOURGEOIS LIBERALISM* Reuter BEIJING on Monday accused deposed Communist Party chief 3hao Ziyang of seeking to turn Gbina capitalist, but diplomats sfeid the party remained split on what to do with him and a public t(ial was unlikely. Senior Chinese leaders
      Reuter  -  431 words
    • Article
      Lock icon Chinese revive long-discarded 'bird cage' economic philosophy
      287 4 Reuter CHINA has dusted off a long-for-gotten symbol of central eco-* nomic planning known as the "bird cage theory", a move viewed by Western diplomats as another sign of retreat from reform. They said that the revival was further evidence that the discredited
      Reuter  -  287 words
    • Article
      Lock icon Taiwanese leaders should work to reunify China: Beijing official
      539 4 AFP TAIWAN'S leaders should follow the trend of history and make enlightened decisions which would help reunify China, the New China News Agency (NCNA) on Monday reported China's state council spokesman as saying. In a report monitored in Hongkong, NCNA said
      AFP  -  539 words
    • Article
      Lock icon Uncertainty over HK's future still a major problem, says governor
      397 4 Reuter UNCERTAINTY about Hongkong's future persists as a major problem facing the British colony, Hongkong Governor Sir David Wilson has said. China's harsh crackdown on a fledgling pro-democracy movement in June has intensified the uncertainty, Wilson told the National Press
      Reuter  -  397 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      642 4 ARRIVALS Operator S«rvlc« Local From numb*f Km* THA TG4I3 1450 BKK MAS MH642 1450 KUL CPA CX713 1455 HKG/MCK PAS EPS38 1520 BPN MAS MH63I 1520 Ma lOM KL813 1525 AMS/DXB/ MCK/KUL THY TK570 1550 IST/BOM MAS MH611 1605 KUL MAS MH643 1630 KCH KAl KE631 1640
      642 words
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      128 3 t f M* t MMnmih' mil I nil 11' I iilsj^Bk^ A.v M^———————— mt I ALL JAGUARS ARE CREATED EQUAL > There's no such thing as 'a poor man's Jaguar". credent*,, The ,egenaary handHng iS now se~ea bv J Sutthat'snotarathergauche^stat^nt.,, jj'H >. t.jiin-i-. to Jaguar. All relevant information is furnished
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      24 3 Doonesbury by garry r or exist, wn, **r> wmer I HAVEFSALUSTAPJBP r^RATtGIPI&&MT Mt*V>- I/ifIJrJWJJWTW JL~. 7 'SwSS/- «-5 I K*rs< A*>ea*T>feA*«> rax# -!W% 1
      24 words
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      417 4 GOOD IDEAS KEEP COMING UP We just broke all the rules in fax. Compact design 32 Auto Dial numbers each for fax and phone One-touch Programme Junction Timer transmission/polling 16 shades half-tones Confidential transmission Relay bnxidcast Until now, the rule is: the more features confidential or relay), resolution, contrast. With
      417 words
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      38 4 1 x T Siizr£izrS^7^& R g Jm m 1% I Tnundny, »®y and sumay. Kf iv If DUD IVJIN "X Ctll yomr trtvri agrnt or Air CdrwU at ?il fSSJ. A Breath Of Fresh Air V3V Air Canada
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  • FOCUS
    • Article
      Lock icon Why UAL deal collapse wreaked havoc
      1045 5 AFTERMATH OF FRIDAY'S WALL STREET CRASH NYT HAS A STOCK MARKET that falls 190 points one day and rises 88 the next chance it gets simply lost its head? Tempting as it may be to dismiss the panic as the handiwork of those "wild
      NYT  -  1,045 words
    • Article
      Lock icon Junk bond investors reassess strategy amid fears of recession
      464 5 Reuter HIGH-YIELD bond investors now are sidelined to reassess strategy on recession worries fanned by last Friday's sharp retreat on Wall Street and news of UAL Corp's failure to finance a leveraged buyout, analysts say. Despite a mild rebound in the
      Reuter  -  464 words
    • Article
      Lock icon Stock markets that cry wolf
      662 5 COMMENT FT ARE THE WORLD'S stock markets unshackled, uncoupled and unhinged? Every devotee of the efficient market hypothesis needs to answer this question in the light of their behaviour in October 1967 and again in October 1989. Everyone else might reply that in the 1980s
      FT  -  662 words
    • Article, Illustration
      Lock icon Junk bonds: a 1980s IOU
      539 5 Reuter JUNK BONDS, at the root of last Friday's Wall Street crash, are the IOUs of the *****, a sophisticated but high-risk form of borrowing increasingly used to finance takeovers. They were virtually invented by US financier Michael Milken, who has since been indicted on
      Reuter  -  539 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      107 5 PRIME CBD COMMERCIAL SITE AT ROBINSON ROAD/BOON TAT STREET. SINGAPORE FOR SALE BY TENDER. CLOSING DATE: 15 NOV 1989 AT 3PM ~7r sl lr~l in QTI rzrl if Freehold site of 2,747 sq.m. i I r IS i—i 1 Approved for a 28-storey office pr 1 block of 21,974 sq.m.
      107 words
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      Page 5 Advertisements Column 2
      62 5 i- <f 4Jjjj^r J. POLITENESS The.cultural heritage of China. The spirit of Shang Palace. >— stSMD Enter the moongatc, relax amidst attentive service and ril savour the taste of authentic Cantonese cuisine. Private rooms M Shanciri-Lci hotel lo| are available on request. Call 734 4805 or 737 3644 extn. 1954
      62 words
  • Page 5 Miscellaneous
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  • COMMODITIES
    • Article
      Lock icon KL urges tin producers to accept ITSG terms
      348 6 Bernama MALAYSIA, warning that an over-supply situation is highly likely as early as next year, has called on all tin producing countries to notify the United Nations of their acceptance of the terms of reference of the International Tin Study Group (ITSG)
      Bernama  -  348 words
    • Article
      Lock icon Myanmar to sign two more oil deals
      207 6 Reuter THE MILITARY government in Myanmar (Bruma) has said it will grant oil-explo-ration rights to at least two foreign companies after ending a 26-year ban on foreign participation in oil exploration. Rear-Admiral Maung Maung Khin, Energy and Mines Minister, said in an interview
      Reuter  -  207 words
    • Article
      Lock icon Crude Oil and Products
      158 6 Telerate FUEL oil prices were stable in light dealings yesterday. Sentiment was mixed as crude and HSFO futures prices staged a recovery following a rally in worldwide financial markets. CST3BO prices were talked lower with a cargo of prompt material sold at $91.25 mt cif Sing.
      Telerate  -  158 words
    • Article
      Lock icon Soybean
      106 6 Reuter CHICAGO Board of Trade soybeans first established a life-of-contract low in the spot November then rallied with the stock market and settled near the day's best levels on Monday. The market overlooked bearish factors of excellent harvest weather. Prices closed up 1.0 to 3-1/2 cents, with November gaining
      Reuter  -  106 words
    • Article
      Lock icon Precious Metals
      439 6 Reuter HONGKONG: Gold closed easier from New York's close yesterday but was barely changed from the local open in quiet and tight range-trading because of a quiet US dollar and a directionless market, dealers said. "Investors adopted a wait-and-see attitude on the direction from the US August trade
      Reuter  -  439 words
    • Article
      Rubber
      193 6 SINGAPORE: Rubber prices closed slightly higher yesterday with November 1 RSS buyer quoted at 165.25 cents a kg. up 0.75 cent from Monday's close. On the TSR-20 Award market, November buyer was quoted at 147.00 cents a kg, up half a cent from Monday's close. MALAYSIA: Rubber prices closed
      193 words
    • Article
      KL Tin
      119 6 Tin doMd on# cant loww on *m Kuala Lumpur Tin Mark*! (KLTM) at 21.71 rtngglt a kg, rsSocdng unrlna I ctfir airfwiofi on vw mvr don Motel Exchange (LME), tfaalara said. Tho mart at found support al Ihto laval on fw US dollar's racovary against Hia rlngglt and
      119 words
    • Article
      RAS and MRELB
      361 6 RAS prices In S omM«, FOB in bate* NOON CLOSE Buy*" Sollors Buyors SoBors Int 1 RSS Prompt 163.25 164.25N 16X75 *****N Int 1 RSS Nov ***** 165.25 165.25 ***** Int 1 RSS Doc ***** 168.25 168.25 ***** In* 2 RSS Of 162.00 164.00N 162.50 164JON Int
      361 words
    • Article
      Produce Prices
      192 6 Chinese Produce Exchange noon closing prices on October 17 (SI/100 kg) Coconut oil Bulk FOB 92.00 Otd drum FOB 106.00 Now drum FOB 102.00 Copra Mixed (loose) 52.00 sellers Pepper Muntok whit# FOB NLW 490.00 Sarawak whit* FOB foq NLW 480.00 Sorowok ip*dal block FOB NLW 382.50 Sarawak
      192 words
    • Article
      Lock icon Palm Oil
      476 6 Bernama Bernama MALAYSIAN CRUDE PALM OIL FUTURES continued to firm on the Kuala Lumpur Commodity Exchange yesterday on further short-covering support dealers said. The higher overnight Chicago soybean market and news that India was tendering in the market yesterday added support. News that Pakistan would be tendering today
      Bernama  -  476 words
    • Article
      London markets
      193 6 London Commodity Exchange Buyer/Seller dosing prices on Oct 16 (£/tome unless specified). Previous dosing prices In parenthesis. CoHM Bash In-storo London, sollon option OF London Nov 715/717 (733/735) Ugh/Low 735/708 Jan 672/674 (684/685) High/Low 679/665 Solos (3224) COCTX Doc 726/727 (740/741) 744/726 Mar 712/713 (718/720) Hfch/Low 724/707 Solo*
      193 words
    • Article
      Lock icon Wheat
      126 6 Reuter CHICAGO Board of Trade soft red winter wheat futures settled 2-3/4 to 5.0 cents higher on Monday, near their session highs. Traders cited heavy commercial buying. Cargill bought 1.0 million December and 1.0 million March futures. Eiders Futures Inc and Goldman Sachs were also featured buyers, traders said.
      Reuter  -  126 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      147 6 Export Services International '89 EXPORT MORE THROUGH ESI '89. 18-21 October, World Trade Centre, Singapore V x Want to expand or penetrate more overseas markets? Or sell overseas faster, competitive costs with higher The solution is Export Services International'B9. Here you'll find a whole range of services to help cpP*
      147 words
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      Page 6 Advertisements Column 2
      74 6 Wider Choice .Greater Value Fof Money CUf T maall SnLVDCD Herbal Marinated Mm v Scotch Steak $9*o++ Oxtail Stew $720++Bveiy Wednesday. dt A Deep Fried Whole Flounder Fiah $9.00++ vBP* .f i Homemade Corn Beefs 7JtO++ Every Saturday Choice of 5 Main-Courses with a daily change of menu. Prices range
      74 words
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      208 7 n Like All The Best Airlines We Check Our Passengers On Board. EST mm Vj4 ||Ni. > |j|| ?f|'; 4 '-Jfc -> jsimi I <1 On, By One. It's just one step in the electronic tracking of your international J express shipment, when you send it UPS. Recognising that your
      208 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      909 8 SINGAPORE: The US dollar closed mixed yesterday, slightly higher against the yen and lower against moat European currencies after ranging narrowly in quiet trade. It rose to 142.00/10 yen from New York's 141.85/95 close but eased to 1.8620/30 marks against 1.8690/8700 marks. the Singapore dollar eased marginally to
      909 words
    • Article
      Lock icon Asian $ market
      264 8 Asian market Reuter ASIAN dollar deposit rates ended firmer compared with Monday's close, after thin trade. The rates rose following a drop in US bond prices and a recovery in US stock prices. Tuesday/Wednesday and weekfixed closed at 8-3/4 8-5/8 pet, both up 1/8 point, one and three months at
      Reuter  -  264 words
    • Article
      Lock icon Simex
      568 8 Reuter EURODOLLAR futures closed higher on short-covering and position adjustments in moderately active trade yesterday, dealers said. "Operators were cautiously squaring positions as they awaited today's 1230 GMT release of US August trade data for clues on the state of the US economy," a trader said. The August trade
      Reuter  -  568 words
    • Article
      Government securities market
      108 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity RIO OFFER HKX LOW 3 months RQ89U0N 11.01.90 4.20 4.15 4.16 4.16 6 months BS*****V 18.01.90 4.20 4.15 1 year BY*****F 24.05.90 4.35 4.30 4.24 4.24 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      108 words
    • Article, Illustration
      World interest rates
      178 8 Indicates tM avaraga of tha prim* landing rates at 12 ma|or bank* In S'pora Interbank market ratee (offer/bid) on Oct 17 US* DM SWFC Y«n 7 6uy* 3 3/3 3 1/3 13 1/3—13 3 1/14 7 13/14 7 3/4 7 3/3 1 8 3/3 1/2 IS —13
      178 words
    • Article
      Options
      1019 8 CURRENCY FUTURES OPTIONS Tuesday October 17, 1989 DEUTSCHE MARK (8M0EX) DkHcM Dm M pun 52 53 54 JAPANESE YEN (8IMEX) Dw M call* DwMpuli 72 IMM Monday, October 16, 1989 BRITISH POUND CS2£00; centa per Mrft* C»ii till NMll Price Mov-c Dac-c Uar-c Nov-y Dac-p Mar# 1500 642 7.20
      1,019 words
    • Article
      BNP, Lippo Bank get nod to set up joint-venture bank in Jakarta
      251 8 BANQUE National de Paris (BNP) and Lippo Bank have been granted in-princi-ple approval by the Indonesian finance minister to set up a joint venture bank in Jakarta. BNP said in a statement that the joint venture bank will
      251 words
    • Article
      Lock icon Japan's regional banks poised to go global
      165 8 Reuter JAPAN'S 64 regional banks, the country cousins of the banking system, are being swept into world financial centres by the overseas rush of their corporate customers. Managers of regional bank international departments say they are moving to open foreign offices to keep
      Reuter  -  165 words
    • Article
      Money markets
      55 8 THE overnight rate on the Singapore money. market was 1/16 lower at« 5-1/4 per cent yeeterday. Term rates remained unchanged. S$ Interbank rates at the dose yesterday: OffBt NO Oim- 5 1/4 5 l/» 1-Mrtk 5 5/1* 5 3/1* 2-manrti 5 5/16 5 3/1* 3-namh 5 5/16 5
      55 words
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      313 8 (S) MEAN A lOT -AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT (S) M 0 z 1 > o Ml Z I Imagine staying in the best part of Bandar Seri day—a saving of 8566.00 per night or 851,980 z Begawan, right on
      313 words
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  • BANKING AND FINANCE
    • Article
      Two Norwegian banks to merge
      393 9  -  By SOH TIANG KENG TWO NORWEGIAN BANKS. Bergen Bank and Den Norske Creditbank, will merge their Singapore operations in January next year. This follows a recent decision by the two banks in Norway to enter into negotiations to merge their entire operations into one single
      393 words
    • Article
      Lock icon IMM
      319 9 Reuter IMM CURRENCY futures closed only moderately higher on Monday, retreating from session peaks as the stock market staged an unexpectedly steep rally. Traders closely tracked index futures and the Dow Jones industrial average, which was up more than 60 points at the end of currency futures dealing. "When
      Reuter  -  319 words
    • Article
      Comex gold/ silver futures
      177 9 Gold futures on October 16, 1989 100 troy ounces: USS per troy ounce Opwt High Lorn MM Oct 371.00 371.00 367.10 347.30 +4.00 No* 349.20 +3.90 Doc 373.00 374.00 349.80 371.20 3.90 Hb 91 378-50 379 00 374.00 375.20 3.90 Apr 381.00 382.00 378.40 379.30 3.90
      177 words
    • Article, Illustration
      Lock icon Ruling not expected to push up KL rates'
      465 9 Bernama BANK NEGARA's ruling to increase the statutory reserve requirements for financial institutions was not likely to result in any upward movement in interest rstes, say money market sources. The central bank snnounced on Saturday a one percentage point increase in the
      Bernama  -  465 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      72 9 A 1 v H IrJ^V^Plf JUL'< f yiy WS'tM Specialists m Fme Handknoaed Carpets GRAND AUCTION ||i Sunday, Oct. 22,1989. 9§ Grand Ballroom p g| Hilton International jig 120 Tribal And Fine Oriental jlj gig Auction Sale: 1.30pm spm tfcj All lots are guaranteed and backed by a full trade-in
      72 words
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      Page 9 Advertisements Column 2
      170 9 *C\ jH wfl N z i -J* J r o J •o Sanding L lo R: Carime Koh. Midi*! Ng. Dml Lwrrena, Soon Su Lb. Cortw T* "It's More Than Just A Case Of Supply And Demand! It's the challenge of finding the right people to As Sole Marketing Agent
      170 words
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  • PERSPECTIVE
    • Article
      Uncommon truths
      459 10 THE COMMONWEALTH, undeniably, has two remarkable attributes: neither are the countries common, nor is the wealth. The 49 members of the group are divided by size, by location and by economic achievement. As for history, few will support today the old imperial argument that colonialism knit together diverse,
      459 words
    • Article, Illustration
      Automation industry strikes pay dirt
      1577 10  -  After a faltering start, companies offering automation services are humming away happily now. Genevieve cua reports. GENEVIEVE CUA THE LABOUR SQUEEZE is causing at least one sector of small and medium sized firms (SMEs) to break out in grins: the SMEs that offer automation services,
      1,577 words
    • Article
      Lock icon Hongkong's infrastructure projects: some posers
      1043 10  -  The Hongkong government's planned improvements to the colony's infrastructure, announced last week, certainly look impressive. But there are many unanswered questions. In particular to what extent will private sector support be forthcoming? And how are Beijing's seemingly mixed signals to be interpreted? BARBARA BASLER reports.
      NYT  -  1,043 words
    • Article, Illustration
      The greening of West Germany
      1020 11 ENVIRONMENT WEST GERMANY, home of some of the world's oldest and strictest environmental legislation, has forced itself to pioneer technologies that are expected to be in growing demand worldwide as so-called Green movements multiply. "We have a competitive advantage because West German companies had to
      1,020 words
    • Article
      Lock icon Moving along the road to modernisation
      799 11 SARAWAK Bernama THEY COME every Friday, by bus, truck or any other hired vehicle. Hordes of them, from faraway places like Serian and Padawan. With big rattan baskets or tambuk full of all sorts of indigenous products like vegetables, fruits and handicraft, strapped to
      Bernama  -  799 words
    • Article, Illustration
      Lock icon Will the losers be inside the walls?
      748 11  -  FORTRESS EUROPE The European Community's tough use of its anti-dumping powers against South-east Asian electronics producers and its assistance to the ailing European semiconductor sector have once again raised fears of a 'Fortress Europe'. GILES MERRITT reports. GILES MERRITT IHT THE "Fortress Europe'*
      IHT  -  748 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      288 10 Cantonese Cuisine at its best I Grand City Chinese Restaurant* Creating the fine atmosphere and immaculate I service for those who treasure authentic Chinese cuisine but have yet to savour the most I exquisite Cantonese, Seafood, Shark Fin, Dian Xin and Sichuan dishes prepared I exclusively by our team of
      288 words
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      Page 10 Advertisements Column 2
      116 10 A UNIQUE BUSINESS OPPORTUNITY GKN Australia Ltd are inviting companies to tender for the purchase of 240 tons of system scaffold and 32 selfpropelled scissor lifts. The lifts range in elevation from 3 metres up to 10 metres and are either petrol or electrically powered. The equipment may be purchased
      116 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      59 10 ■i CGDFFAW' FACG IT— GveßyiHiNG jONes LOOK fvr ooy Vyou DO IS R &T OF A JC*& RePuy VT **D RUDG6. LGTTCR 1 NOO DON'T TH"Nkr I've 1 X (COO Pi-rcHeD IT Too STPpNGy f -jp 'A~, k.JfitoN'T knooj u)My A >- Z. J Wsrty vou'Rc .1 > y mam
      59 words
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  • Page 11 Advertisements
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      185 11 IMPORTANT PUBLIC AUCTION RARE, OLD ANTIQUE PERSIAN, CAUCASIAN, EASTERN TRIBAL, VILLAGE MASTER WORKSHOP CARPETS RUGS IN SILK WOOL from the 19th and early 20th Centuries AN EXCEPTIONAL AND EXTREMELY VALUABLE COLLECTION of RARE, OUTSTANDING AND UNIQUE OLD AND ANTIQUE CONNOISSEUR EXAMPLES OF TRADITIONAL EASTERN KNOTTING ART OF THE HIGHEST INTERNATIONAL
      185 words
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      Page 11 Advertisements Column 2
      363 11 THEENDEC ENTREPRENEURSMP EXCEIIENCE AWARD THE SEARCH IS OH For a Lady and a Gentleman. True entrepreneurs in every sense of the word. A lady and a gentleman with world vision. We are searching for Winners. Who possess outstanding entrepreneurial skills. Impeccable integrity. Unwavering dedication to the success and development of
      363 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon King is my dearest friend, says Abernathy
      434 12 BOOKS AP VETERAN civil rights activist Rev Ralph David Abernathy said on Monday he meant only to tell the truth with his controversial autobiography in which he says Martis Luther King Jr had extramarital affairs. "I held Martin Luther King in the highest
      AP  -  434 words
    • Article
      Lock icon French police flush out art counterfeiters
      217 12 ART AFP FRENCH POLICE have just carved out a major victory over art counterfeiters by seizing the largest collection of fakes ever over the last few years, including a score of fake sculptures supposedly by such greats as Rodin and Bourdelle, a reliable source
      AFP  -  217 words
    • Article, Illustration
      Lock icon Acting comes full circle for William Hurt
      966 13 PERSONALITIES NYT "I'VE BEEN walking the edfle for a long time," William Hurt says, "thinking about whether acting is the right thing for me to be doing. Sometimes things happen in my personal life which really make me question whether what I do
      NYT  -  966 words
    • Article
      Lock icon Matchmaker matchmaker, make me a match
      549 13 THE SEXES Asahi WHILE MATCHMAKING in Japan has grown into a 20 billion yen (US$l4l million) a year industry, Japan's men and women continue to grow farther apart. And despite the aid of computers in Japan s ages-old service, only 30 per cent of
      Asahi  -  549 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      249 12 Where tv entertain... Whet? Tv entertain.,. Where tv entertain.,, Where fv l| Some like it hot. I umm If mWWSm I! Spicy Szechuan dishes served at lunch and l| dinner daily in the cool, inviting atmosphere of Ij Szechuan Court. I Reservations, *****10 or *****85 ext *****/6. The Wistin Pia/a
      249 words
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      Page 12 Advertisements Column 2
      169 12 JADE LOUNGE nightly for your favourite songs. A miMG COUIU HOTEi. SINGAPORE No. 1 Tanglin Road Singapore 1024 Dine under Enjoy Steamboat under the stars at only $10.80 per person f -/lil (minimum two persons). A y variety of BBQ items are also 1 available as side orders. Served from
      169 words
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      Page 12 Advertisements Column 3
      255 12 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightty. Opening hours; Monday to Sunday 11 am to lam Friday and Saturday 11am to 2am 1 J Live entertainment S HWTREGBCY©SNGAPORE 1 10-12 Scotts
      255 words
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      Page 12 Advertisements Column 4
      205 12 TRY KARAOKE AT I *s a singer 1 Top 40s Broadway, Sentimental. Country Western Japanese and Mandarin selections available too. Sunday Thursday: spm lam Friday. Saturday spm 2am PM Kve Plaza Hotel SINGAPORE wwasCiOMi>iltlWimw Beach Ritad Sineaporr 0719 Trt 2DHOOII I \U here the service is good. I wwthe ambience
      205 words
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      Page 12 Advertisements Column 5
      219 12 This month, you can taste delectable Sichuan dishes in lIILI a sumptuous lunch buffet. msm "here's a choice of over 35 3S«h floor favourites so delknously spicy youll keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30 pm Adult: $25 Child below
      219 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      179 13 entertoin.... J I The Park. I Unkai is a traditional Japanese restaurant offering If IB such superb delicacies as sui'hu sasburu and teppan- 11 jfl yaJci For private parties there are four tatami rooms B II available. H II Lunch: I2pni to )pnt. Dinner 6.30pm to llpm. I! I iUu
      179 words
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      Page 13 Advertisements Column 2
      107 13 MAPLE LEAF |R| IVjy Sze-Chuan Restaurant 390, Victoria Street. #01-01/08 MfKM Golden Landmark Savour the best HjkJH is in Sze-Chuan Eul g| 9-Course SET-MENU IS H (For 10 persons) JJj jg Shredded Chicken with in Bean Noodles K g (2) Shark's Fin with Crab Meat Js g (3) Maple leaf
      107 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      173 13 mwMm cm^LORD CRYPTIC PUZZLE 26 A crime with taste? (5) ACROSS work (3) 29 East side (6) 1 Not whole composi- 30 Qn with it, fool! (6) tions? (6) 31 Before leaving the can--7 Catty relative of novel teen (4) character (5, 3) 32 poured out as one can--8 Choose
      173 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      367 13 pound seriously (3) 1 1 I either way (5) WM Raguss? (5) animals (3) I 1— starting Z-JB— jiBlE---CZ 24 Being fit's a bit of a blessing (4) 25 Fashionably named? 1 24. 26 ir ec, s h a r^!7s 3 r edl e ,o ow ng v« B if°ss^more
      367 words
    • Miscellaneous
      Page 13 Miscellaneous Column 3
      1336 13 TV and RADIO I Suspense and Bette Davis 1 Bk 1111 -4.3< I The late Bette Davis star* as Thm Nanny I OUR CHOICE the huge Amazon rainforest from the J tuc umiMv m w„ m cars air conceals an interestingly diverse -I THE NANNY, 1030pm, SBC 5 wor|d ground
      1,336 words
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  • SPORTS
    • Article, Illustration
      Australia snatches title from Pakistan
      544 14  -  SQUASH *r A SURENDREN FT WAS King Kangaroos at the Singapore Airlines-Ascot World Squash Team Squash Championship yesterday, when Australia beat Pakistan 3-0 at the West Coast Recreation Centre. The victory for the Aussies, their first team championships since 1973, tasted sweet and was the
      544 words
    • Article
      Lock icon Wattana adds Thorne to list of victims
      355 14 SNOOKER AFP THAILAND snooker star James Wattana confirmed his promise at the Reading Grand Prix tournament on Monday by adding Willie Thorne, the most famous pate in snooker, to a growing list of scalps The 19-year-old fought back from 3-1 down to beat
      AFP  -  355 words
    • Article, Illustration
      Lock icon West Indies cripples India
      293 14 CRICKET AFP INDIA came under a hostile West Indies barrage as it struggled to stay in the Champions Trophy in Sharjah on Monday. It finished its 50 overs on 211 for nine with a top score of 41 from Kapil Dev. Viv Richards won the toss
      AFP  -  293 words
    • Article
      Lock icon Steeb beats younger McEnroe
      281 14 TENNIS AFP CARL-UWE STEEB of West Germany coasted to a straight sets win over Patrick McEnroe of the US in the first round of the U*****,500 Seiko Super men's tennis tournament in Tokyo yesterday. The fifth-seeded West German needed just under an hour to dispose of
      AFP  -  281 words
    • Article
      Lock icon Muster, Prpic, Jarryd sail through
      256 14 AP THOMAS MUSTER, Goran Prpic and Anders Jarryd all cruised through their opening round matches in the U*****,000 Nabisco Grand Prix Tennis Tournament in Vienna on Monday. Muster, Austria's number one player and the tournament's second seed behind Jay Berger of the US, defeated Austria's
      AP  -  256 words
    • Article
      Lock icon Giants on losing streak
      213 14 BASEBALL NYT ROGER CRAIG held an unusual clubhouse meeting of his San Francisco Giants moments after they had lost their second successive game in the 86th World Series on Monday and told them; "Keep your heads up. They've got to win two games, we've got to
      NYT  -  213 words
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      556 14 There's an easy way to mix business with pleasure Subscribe to Business Times How would you like to keep abreast All your business needs with one paper. If you're a lucky winner, you'll enjoy: fe of the latest business developments and u i r A 7-day trip to Finland with
      556 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      A boost for Sesdaq
      628 15  -  wm mm™ HOCK LOCK SIEW WITHIN 24 hours last week, the three million shares of a new US$3O million Sesdaq investment fund were spoken for. Mr Charles Fowler, manager of The Singapore Sesdaq Fund Ltd, called the response overwhelming. The US onecent shares were priced at
      628 words
    • Article
      COMPANY BRIEFS
      110 15 FIRST CAPITAL Corporation Bhd has incorporated two whollyowned subsidiaries: Quoline International Pte Ltd with an authorised and paid-up capital of $1 million and $2 respectively, and Fica Nominees Pte Ltd with an authorised and paid-up capital of $25,000 and $2 respectively. Guoline is involved in trading and manufacturing
      110 words
    • Article, Illustration
      Faber Merlin unit put under receivership
      568 15  -  By KEVIN GWEE FABER MERLIN Malaysia Bhd has received another blow to its already troubled operations. Unable to service a Ms 26 million term loan facility, whollyowned subsidiary Faber Kompleks Sdn Bhd, owner of the 300-room hotel called The Merlin Penang, was placed under
      568 words
    • Article
      Lock icon Nestle (M) shares to be offered at not less than Mss each
      355 15 MBT FOOD MANUFACTURING group Nestle (Malaysia)'s shares of Msl each are expected to be issued at a price ot not less than Mss each when they are floated sometime next month. This will make the share issue the
      MBT  -  355 words
    • Article
      Amtek Engineering expects further growth
      313 15 SESDAQ-LISTED Amtek Engineering Ltd is confident of achieving further growth in the current financial year because of its expansion programmes to-date. Executive chairman Lee Ah Bee said in the group s latest annual report that the outlook for its Singapore operations remained positive. This is
      313 words
    • Article
      KIO declares 5pc stake in Inchcape
      350 15  -  By ANDREA BORCH FOLLOWING the sale last month of its Singapore Land stake, the Kuwait Investment Office of London has become a substantial shareholder in trading-based Inchcape Bhd. According to an announcement released yesterday, the KIO spent $5.45 million to acquire 927,000 shares spread
      350 words
    • Article
      Parkway buys 64pc of Pulau Pinang Clinic
      215 15 PARKWAY HOLDINGS Ltd. through subsidiary Gleneagles (M) Sdn Bhd, has purchased 5.24 million shares representing 64.6 per cent in Pulau Pinang Clinic Sdn Bhd (PPC) for M 512.89 million or M 52.46 each. In addition, the propertybased group intends to buy a further
      215 words
    • SES
      • Article, Illustration
        Market rebounds on buying support from institutions
        1101 16  -  by ABDUL HADHI IN9TITUTIONAL buying yesterday spurred the Singapore stock market to regain some of the ground it loet on Monday. Vhe Straits Timee Industrials Index recovered 56.7S points to close at 1,341.83, after plunging 143.84 points on Monday. The Business Timee Compoeite
        1,101 words
      • Article
        Unit trusts
        310 16 Monogf»' prteos for Oct 18 Singapore Unit Trust TW C—»rc» I 14 173 Tto Sovmgt Fund 100 l Oi S'pora Prog Fund 0.44* 0.48* S port Sac Fund 0.73 0.78 S'por* tn.«» Fund 0.78 083 S'por* Equity Fund 054 058 Asia Unit Trust Mai Invest Fund 14 1.68
        310 words
      • Article
        COMPANY MEETINGS
        45 16 FIRST CAPITAL CORPORATION LIMITED: 13th AQM at Shangri-La Hotel, Orchid Room, Orange Grove Road. Singapore 1025, today at 11am. WING TAJ HOLDINGS LIMITED: AGM at Shangri-La Hotel, Jaamine Room, 22 Orange Grove Road. Singapore 1025, today at 11.30 am, followed by the EGM.
        45 words
    • Article
      SES SHARE INFORMATION
      6314 16 Gr's Qr'a 19M Tal Last Vol Day Last Quota Dtv Dtv rid Not M Cap Mgh Low Codo Company Sato +or- (*000) High Low Buyor Sollor C'vr PIE $mll OCT 17 SESDAQ 275 120 I 4000 Amtek Eng 20t 271 21 249 273 263 270 272 12.0N
      6,314 words
    • KLSE
      • Article, Illustration
        Lock icon KLSE recoups 75 points
        1994 17 MBT THE CHEERY MOOO at the Kuala Lumpur stock market was unmistakeable as investors returned yesterday with renewed confidence to buy shares sfter Monday s 238-point plunge. The frenzied buying led the New Straits Times Industrial Ordinary Share Index to finish the day at 2,471.24, up
        MBT  -  1,994 words
    • REGIONAL MARKETS
      • Article
        Lock icon SPK crisis almost resulted in loss of M$33m contract
        479 18 Bernama SYARIKAT PERMODALAN Kebangsaan Bhd (SPK) nearly lost a MJ32.8 million contract with the National Electricity Board (NEB) because of the on-going crisis in the company's board of directors. The company's executive chairman, Datuk Abdullah Ahmad, said at a press conference
        Bernama  -  479 words
      • Article, Illustration
        Lock icon BBMB expects to turn around in current year
        472 18 Bernama BANK BUMIPUTRA Malaysia Bhd. which recorded a group pre-tax loss of about M 51.04 billion for the year ended March 31, 1969. is expected to turn around with a group pre-tax profit of between Msl6o million and Msl7o million for the
        Bernama  -  472 words
      • Article
        Lock icon Fima Metal Box unit to print Kenyan stamps
        170 18 Bernama SECURITY PRINTERS (M) Sdn Bhd, a wholly-owned subsidiary of Fima Metal Box Bhd, has won another contract to print 10 million stamps for the Kenyan Postal Department. "We were awarded the contract last month, requiring us to deliver the stamps next
        Bernama  -  170 words
      • Article
        Lock icon Indocement gets approval to sell 10pc of shares
        149 18 Bernama PT INDOCEMENT Tunggal Prakarsa, Indonesia's leading cement producer, has been granted approval by the authorities to sell 10 per cent of its shares to the public. The shares are made available with the restructuring process and withdrawal of individual shares of
        Bernama  -  149 words
      • Article, Illustration
        Lock icon Nikkei rebounds 1.5pc
        553 18 Tokyo Reuter AN EARLY buying spree led by Jspsnsse institutions pumped energy back into the market ss Wsll Street's overnight gsins cheered Tokyo plsyers. Prices surged to close brosdly higher yesterdsy in modersts turnover, dipping back some in Ists trsde on selling by forsign arbitrageurs "Psychologically people
        Reuter  -  553 words
      • Article, Illustration
        Lock icon Index up 61.8 points
        492 18 Sydney Reuter AUSTRALIA 8 share market yesterday retraced nearly half of Monday's 141-point slump, following Wsll Street's overnight recovery from the Friday plunge that sent international bourses tumbling. The All Ordinsries index closed 61.8 points up st 1,662.3. Brokers ssid institutions snd overseas investors pushed the
        Reuter  -  492 words
      • Article, Illustration
        Lock icon Hang Seng Index rises 3.6 pc
        1244 18 Hongkong Reuter HONGKONG blue chips held on to earty morning gains, after Well Street's rebound, but profit-taking capped rises with most investors still cautious yesterday. The Hang Seng index cloeed 94.20 points, or 3.6 per cent, higher at 2,605.90 sftsr sn initisl 118-polnt jump
        Reuter  -  1,244 words
      • Article
        Lock icon Seoul: Marginal gains
        194 18 Reuter SEOUL stocks posted margins! gains ysstsrdsy in modsrsts trsding on investors' growing sentiment that the market had ssgged enough. The composite index stood st 927.60 near the close, up 0.48 point from Mondsy. Trsding volume was 205.3 billion won against 148.3 billion in the previous session.
        Reuter  -  194 words
      • Article
        Lock icon Taipei: Record one-day rise
        411 18 Reuter THE Taiwan stock market lived up to its reputation for volatility yesterday by bouncing back from two days of sharp losses with a record one-day rise. The gain of 410.32 points, or 4.2 per cent, pushed the weighted Index back above the 10,000 level, to
        Reuter  -  411 words
      • Article
        Lock icon New Zealand: 5.7 pc higher
        70 18 Reuter THE Barclays share index yesterday rose 117.70 points or 5.7 per cent in active trading to cioee the day at 2,176.42. But the index was still 3.3 per cent down on Its close on Friday, before Wall Street's plunge. The Index was slightly down
        Reuter  -  70 words
      • Article
        Lock icon Jakarta: Prices ease
        42 18 Reuter PRICES on the Jakarta Stock Exchange eased yesterday, bringing the index down to 443.77 points from Monday s corrected 449 89 But brokers said the market was fairly active with turnover rising to 587.415 shares against Monday's 475.895.
        Reuter  -  42 words
      • Article
        Lock icon Manila: Mlld recovery
        175 18 Reuter PHILIPPINE shares staged a mild recovery yesterday, closing only slightly higher after strong initial gains were pared by late nervoua selling. "There was a rush to buy early in the morning because people thought they oversold (on Monday)," said Fe Paller, trader at Citisecurttiss Inc. The
        Reuter  -  175 words
      • Article
        Lock icon Bangkok: Index up 25.34 points
        242 18 Reuter THAI stocks yesterday staged a rapid recovery in response to Wall Street's rebound, but market sentiment remained littery ahead of the release of US August trade figures at 1230 GMT. The Stock Exchange of Thailand index gained 25.34 to cloee at 686.79 in very
        Reuter  -  242 words
      • Article
        Lock icon Bombay: Shares slump
        155 18 Reuter SHARE prices tumbled yesterday on the Bombay Stock Exchange on heavy nervous selling triggered by reports that Prime Minister Rajiv Qandhi is calling national elections in November, a month ahead of schedule. "The report made the market Jittery," said a broker. "It was out of the
        Reuter  -  155 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow recoups 88.12 points
        902 19 New York Reuter NYT US STOCKS staged a strong recovery on Monday, winning back about half of Friday's losses, on confidence that the economy Is in reasonably good shape despite problems financing a buyout of UAL Corp. Officials said the smooth operation of the markets, in
        Reuter; NYT  -  902 words
      • Article, Illustration
        Lock icon US deficit sends index lower
        827 19 London AP Reuter LONDON share prices fell in afternoon trading yesterday following the announcement of the worse-than-expec-ted US trade deficit figures. The Financial Times-Stock Exchange 100share index was down 29.2 points, or 1.3 per cent, at 3pm (1400 GMT) after rising 18.9 points earlier. On
        AP; Reuter  -  827 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1805 19 MILAN: The Milan bourse said the MIB share index was up 3 per cent at 1000 GMT. with 19 per cent of closing prices fixed yesterday. Several blue chips, including industrial group Fiat SpA and insurer Assicurazione Generali, rebounded sharply at the opening. The MIB index plunged
        1,805 words
      • Article, Illustration
        Lock icon Banks keen on lending more to finance UAL buyout
        518 19 NYT AFP DOMESTIC and international banks have told Citibank that they are willing to lend more than enough money to finance a U556.75 billion leveraged buyout of the UAL Corp, the parent of United Airlines, a top Citibank official said. The
        NYT; AFP  -  518 words
      • Article, Illustration
        Lock icon BA likely to succeed in new bid for UAL
        274 19 Reuter BRITISH AIRWAYS pic (BA) is likely to succeed in any new joint bid for UAL Corp because of the fall in share markets triggered by the earlier funding failure of the UAL bid. Share analysts believe BA and United Airlines
        Reuter  -  274 words
      • Article
        Lock icon Trump withdraws offer for AMR Corp
        291 19 NYT DONALD TRUMP has withdrawn his US$l2O-a-share offer for AMR Corp, the parent of American Airlines, and said he would review his options. People involved in Mr Trump s takeover attempt said that after the sharp drop in the stock market last Friday and
        NYT  -  291 words
      • Article
        Lock icon IBM's failure to launch new product hurts results
        321 19 Reuter INTERNATIONAL Business Machines Corp's delay in introducing a new product has hurt its third-quarter results, and similar gaps in its product lines may continue to depress profits in coming quarters. "The things we see right now are just a preview of
        Reuter  -  321 words
    • Article, Illustration
      Spotlight shifts to economic issues
      512 20  -  NEED TO LOOK AT TECHNOLOGICAL TRANSFER By LOH HUI YIN, JOHN THOMAS ECONOMIC ISSUES will figure strongly at the Commonwealth Heads of Government Meeting (CHOGM) opening in Kuala Lumpur today, in a marked change from previous biennial meetings, where politics predominated. Though South Africa will
      512 words
    • Article
      PM Lee will be the first speaker
      247 20  -  By I Loh Hui Yin, John Thomas PRIME MINISTER Lee Kuan Yew will be the first speaker when the Commonwealth Heads of Government go into their executive sessions after the official opening today. As the elder statesman in the Commonwealth, Mr Lee will
      247 words
    • Article, Illustration
      Lock icon UK, Malaysia sign drug trafficking pact
      254 20 MALAYSIA 1989 Reuter BRITAIN and Malaysia yesterday agreed to step up cooperation against drug trafficking. An agreement signed by British Prime Minister Margaret Thatcher and Malaysian Premier Datuk Seri Or Mahathir Mohamad will enable joint action to trace and seize the profits of drug
      Reuter  -  254 words
    • Article
      Lock icon Gandhi cancels trip to Malaysia
      128 20 AFP INDIAN Prime Minister Rajiv Gandhi yesterday cancelled a trip to Kuala Lumpur for the Commonwealth summit after the Chief Election Commissioner announced that general elections would be held on Nov 22 and 24, a month before they are due. The announcement came six hours
      AFP  -  128 words
    • Article
      Lock icon US seeks Chinese, Soviet influence in – Cambodian talks
      209 20 US seeks Chinese, Soviet influence in Cambodian talks AP US SECRETARY of State James Baker has urged China, the Soviet Union and France to use their influence to break the deadlock over a political settlement in Cambodia, the US State Department said. Department spokeswoman Margaret Tutwiler, at a news briefing
      AP  -  209 words
    • Article
      Lock icon Jiang calls for a purge of 'opportunists'
      278 20 AP COMMUNIST Party General Secretary Jiang Zemin has ordered a purge of "opportunists" in leading party positions, an official report said on Monday. Mr Jiang's speech was publicised one day after the Beijing city party committee voted to purge its own ranks by
      AP  -  278 words
    • Article
      Lock icon Global ivory trade banned
      113 20 Reuter A KEY UN Committee voted overwhelmingly on Monday to ban all international trade in ivory to save the elephant from extinction. But five countries said they would ignore the ban. Delegates said it was almost certain that a full conference of the UN Convention of
      Reuter  -  113 words
    • Article
      Lee endorses second-echelon leadership
      812 20 PM'S INTERVIEW WITH M'SIAN CHINESE DAILY IN WHAT is seen as a forceful endorsement of the second-gen-eration leadership, Prime Minister Lee Kuan Yew said that they can govern Singapore as well as his older colleagues and he did. "Their competence is not doubted. What has not
      812 words
    • Article
      Lock icon NZ economy posts highest growth in three years
      298 20 Reuter NEW ZEALAND'S economy has recorded its highest growth in three years but economists yesterday warned that the recovery from recession would remain slow. And while New Zealand's share market shrugged off Monday's heavy losses, a leading bank's decision to raise its
      Reuter  -  298 words
    • LATE FILE
      • Article
        Lock icon Oil refinery for Indonesia
        59 20 AP MITSUI and Company of Japan aaid yesterday it had signed an agreement to join Foster Wheeler Ltd of Britain and JGC Corp of Japan in building an oil refinery in Indonesia at an estimated cost of US$l.B billion. The agreement was signed between the three
        AP  -  59 words
      • Article
        Lock icon Reshuffle at Morgan Grenfell
        65 20 AFP SIR PETER CAREY is stepping down as chairman of merchant bank Morgan Grenfell as part of a general boardroom reshuffle, the bank said in London yesterday. He will be replaced by the current group chief executive, John Craven, but will remain on the board. Mr
        AFP  -  65 words
      • Article
        Lock icon 100,000 march in Leipzig
        36 20 Reuter MORE THAN 100,000 East Germans, chanting "We are the people", marched for reform in Leipzig in a display of scepticism at an offer by orthodox communist leaders of limited change. Reuter
        Reuter  -  36 words
      • Article
        Lock icon Japan fines air-con firm
        36 20 AP OSAKA district court yesterday fined a Japanese airconditioner maker, Daikin Industries Ltd, for illegally exporting to the Soviet Union a high-density chemical solution that could be used in missile guidance systems.
        AP  -  36 words
      • Article
        Lock icon Financing for Thai power plant
        31 20 AFP FRANCE and Thailand have signed a US$25O million protocol to finance a power plant to be built by a FrenchJapanese consortium in south-east Thailand. AFP
        AFP  -  31 words
    • Article
      Lock icon Ford Motor raises holding in Jaguar to 10.4 pc
      127 20 Reuter FORD MOTOR Co has acquired or agreed to buy 19.04 million shares, or about 10.4 per cent, in British luxury car maker Jaguar pic. Ford subsidiary Ford of Europe Inc said on Monday this was its holding at the close
      Reuter  -  127 words
    • Article
      Lock icon Comex gold and silver
      78 20 Reuter COMEX GOLD futures were off slightly early yesterday in a market floor traders said was still feeling nervous after the sell-off and recovery of Wall Street stocks on Monday. December gold fell US$O.2O to U*****.00 an ounce. February 1990 was off US$O.lO at U*****.10 an
      Reuter  -  78 words
    • Article
      Lock icon Move to extend incentives for KL companies
      218 20 Bernama MALAYSIAN COMPANIES which already enjoy pioneer status can apply for a second round of pioneer status or Investment Tax Allowance (ITA) for the same product, provided they meet certain criteria on location, capacity and management. Trade and Industry Minister Datuk Seri Rafidah
      Bernama  -  218 words
    • Article
      Lock icon Scott pulls out of Indon project
      105 20 AFP SCOTT PAPER Co of the US has pulled out of a huge pulp and paper joint-ven-ture project worth US$65O million in Irian Jaya. A spokesman for PT Astra International said Scott had informed the Indonesian company on Monday of its decision and after
      AFP  -  105 words
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      Page 15 Advertisements Column 1
      98 15 IM M W y*=i l^ s Ssi fsl Si ***** y=PL L ::«i s Us:s BT Special FIS©IFIHSW SUPPLEMENT The Property Supplement. For the third year running Business Times surveys the property market. We ask analysts, consultants and government agencies what they think is in store for investors. We take
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      Page 15 Advertisements Column 2
      219 15 Classic and n timepiece Mv?l x HUBLOT AVANT GARDE •>" Training Associates 111 North Bridge Road #07-26 Peninsula Plaza V" Singapore 0617. Tel: 338 7033 presents IMPROVING MANAGERIAL i HTECTIVBVESS November 16-17,1989 Carlton Hotel COURSE OBJECTIVES At the end of the Seminar, you will be a more effective I manager
      219 words
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      735 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF THYMEFIELD TRADING MANUFACTURING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly oonvened and held at 1 Colombo Court #06-10, Singapore 0617 on the 12th
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      Page 18 Advertisements Column 2
      611 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 90 AND IN THE MATTER OF TRANS ORIENTAL (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Moating of the members of the abovenamed Company duly convened and held at 101 A Upper Cross Street #12-22 People's Park Centre. Singapore 0106
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      201 20 EXHIBITION SALE Impressionist Modern European Paintings Reverie 60 x 50 cm Hilton International Hotel Malaysia Thailand Rooms HI jnf Orchard Road, Singapore 21st and 22nd October 10 am to 7 pm limited edition pitcher by PABLO PICASSO executed in 1954 will be in- M eluded in the sale. IBBf «r*l9i
      201 words
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      Page 20 Advertisements Column 2
      3 20 Leader, PAGE 10
      3 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Dispute causes sale postponement
        97 21 Reuter A 17-DAY LONG waterfront industrial dispute has forced the Dunedin wool sale scheduled for tomorrow to be postponed to Oct 26, the New Zealand Council of Wool Exporters, New Zealand Wool Board and the New Zealand Woolbrokers' Association said in a joint statement. Exporters' Council
        Reuter  -  97 words
      • Article
        Worldport LA reports record volume
        102 21 WORLDPORT LA, record holder of the US west coast's highest container volume in history with 1.8 million TEUs in fiscal 1988-89, moved 188,175 TEUs in July 1989, surpassing all previous onemonth totals at the port. The July 1989 figure represents a 29 per cent increase
        102 words
      • Article
        Lock icon US gulf oil platforms, port reopen
        95 21 Reuter THE LOUISIANA Offshore Oil Port (Loop), the nation's only deep water port, and oil companies active in the US gulf are remanning facilities and oil platforms evacuated on Friday ahead of Hurricane Jerry. A Loop spokesman said tanker offloading was to begin late
        Reuter  -  95 words
      • Article
        Lock icon Tanker controls flooded room
        49 21 Reuter THE SITUATION on the 256,263 dwt Cyprus-reg-istered tanker Shining Star, which has a flooded engine room, is now under control, Lloyd's Shipping Intelligence Service said. The tanker was being used as a storage vessel at Iran's Kharg Island oil terminal in the northern Gulf.
        Reuter  -  49 words
      • Article
        Lock icon Bulk carrier refloated off Jubail
        96 21 Reuter THE 11,627 TONS GROSS Kuwaiti motor bulk carrier Sally, which ran aground last week about 35 miles off Jubail, Saudi Arabia, has been refloated, Lloyd's Shipping Intelligence said. Surveyors report little obvious damage to the hull of the vessel, which ran aground on soft
        Reuter  -  96 words
    • Article
      Lock icon Alaska threatens possible tanker ban
      125 21 Reuter THE STATE of Alaska said it will ban tankers from loading crude oil at the Valdez marine terminal unless their owners have filed state-approved oil spill contingency plans by Nov 13. State environmental official Larry Dietrick said he had written to 29 tanker owners
      Reuter  -  125 words
    • Article
      Index to advertisers
      1140 21 Tog* Column ABC Contoinertine 5 Accord Snog ht Albotros Seo-Air Seven S Alfred C Toepfer Thirls 5 Ahrenkwl liner T«lv« 5 AfC Una Seven 5 An five 3-5 AFS Thirteen 3 Arrow linat Eleven 5 Asia Express Ten 2/3 A cWorehousing Thirteen 5 A Has line Twelve
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      Helu Zaid to expand warehousing, distribution services
      340 21  -  By ZULKIFU ALWI INTERNATIONAL freight forwarder Helu Zaid is planning a major expansion of its warehousing and distribution activities to extend the services to other growth centres. The company is now studying the feasibility of extending the services to locations such as Ipoh,
      340 words
    • Article, Illustration
      Cosco, Star Marine form agency
      464 21  -  By JEAN FOONG IN ANOTHER carrier-agent tie-up, China Ocean Shipping Company (Cosco) has formed an agency company with Star Marine Investments to represent Cosco's container liner services in Singapore. Cosco holds a 49 per cent stake in the new company, Costar Shipping, which will take
      464 words
    • Article
      Jakarta raises sawntimber export taxes to US$25O – U552,400
      334 21 Jakarta raises sawntimber export taxes to US$25O U552,400 THE INDONESIAN government has decided to raise export taxes on three major groups of sawntimber to a range of US$25O to U552,400 per cubic metre. The minimum free-on-board (FOB) export prices will be set at US$25O per cubic metre. A Jakarta Post
      334 words
    • Article
      S'pore yards likely to fare better than S Korea's in a downturn
      294 21  -  By RAHITA ELIAS SINGAPORE SHIPREPAIR yards are likely to fare better than yards in South Korea in a recession ber cause of the "cheaper prices" here. "Shipowners are very sensitive to the freight market. If the freight rates
      294 words
    • Article
      Lock icon Weekly freights
      908 22 AFP THE FREIGHTS MARKET continued to make ground over the past week, underpinned by seasoa«l demand and an expected freah Soviet chartering activity, market analysts said. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) climbed 25 points on the week to 1,494 points, taking the
      AFP  -  908 words
    • Article, Illustration
      Lock icon EC transport ministers disagree on competition
      322 22 AFP TRANSPORT MINISTERS of the European Economic Community (EC) were unable to agree in Luxembourg on Monday on even a timid opening of EC road transport to competition, diplomatic sources said. The majority of ministers rejected a French proposal to give very limited authorisation
      AFP  -  322 words
    • Article
      Lock icon Shipping plan for 1992 gets cool reception
      199 22 Reuter EUROPEAN COMMUNITY (EC) transport ministers gave a cool reception to plans to integrate the bloc's shipping market under an EC flag, diplomats said. The European Commission, the EC executive, has suggested offering EC shipowners common benefits, ranging from state aids to a
      Reuter  -  199 words
    • Article
      Lock icon Australian sheep, astray at sea, head -for Europe
      125 22 NYT IT HAS not been the beet of timee for El Cordero, an ttalian-owned freighter carrying 10.000 Australian sheep that has been scorned at ports throughout the Arabian peninsula. The ship, which left Fremantle, Auetralia, in August then sailed on to Aqaba,
      NYT  -  125 words
    • Article, Illustration
      Lock icon Trans-Pacific cargo volume expected to remain strong
      723 22 Journal of Commerce TRANS-PACIFIC shipping lines are projecting that the import and axport cargoes they carry will continue strong for the remainder of 1989. They anticipate as much as a 10 per cent increase in westbound liner exports and a smaller, but still
      Journal of Commerce  -  723 words
    • Article
      Container schedules/Ships in port
      1638 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatalnar Schedules Blk Op Gdn Date/Tim* Tlma From Tlma To Booking Gala A) Wo,bo 47 21 10* 0700 WfllW I«/I2I5 2 Q5 00 TO 1*000 19,0500 NA 2 An Jovokorta ***** 18.10*9 1400 18/0900 18/1000
      1,638 words
    • Article
      Philippines, Bangladesh sign shipping accord
      196 23  -  ■y AL O LABITA Jr Writing for Shipping Times from Manila THE PHILIPPINES and Bangladesh have agreed to increase their volume of bilateral shipping trade and hasten welfare of their seafarers. Highlights of the accord include: cooperation in employment and improvement of work conditions of
      196 words
    • Article
      London Freights
      990 23 THE BALTIC Freight Index on Monday roee through the 1,500 point barrier for the first time aince June, gaining 15 points to 1,500, with further strength evident in freight ratea for the major grain routea out of the US. Supriaingly, freight futures eaaed deapite there being further orders
      990 words
    • Article
      SHIPPING LIST
      8549 30 AMHIM AMI Maru Trtot. Oct 1«(M0. Mont* Rom. Trtot. Oct It Ucm Umt. Maank Lino. Oct It Arabian So* Norasia Lino. Oct 10 Ming Energy Vang Ming Urn. Oct 71 Xing Ho. CMna Oeoon Shpg. Oct XI Evor Oallant Eoorgroon Oct 22 B Surlo. ScanOuteM Oct VWo do
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      Page 21 Advertisements Column 1
      35 21 A lively ■DUBS way with mm words Awefst* at good bookthop* t Hi Allnallima <a^MI gMMMgBSSSiiB rfoffw KUD4icai)ons For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      Page 21 Advertisements Column 2
      18 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National VJEEiffcl Shipping Association.
      18 words
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      Page 21 Advertisements Column 3
      349 21 "The Illustrated Encyclopedia of Wildlife" HMMHR Fortnightly ataiigood bookshops ncirs-sfanWsJlj BTP Dtrtlto INSIDE Strong cargo volume seen TRANS-PACIFIC shipping lines are projecting that the import and export cargoes they carry will continue strong for the remainder of 1989. They anticipate as much as a 10 per cent increase in westbound
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      217 22 NOTICES OFFICIAL notice PROPOSAL TO CHANGE OF SHIP'S NAME We, THONO SOON SHIPPING PTE LTD of 1 Shenton Way #09-07 Roblna Hoots, Singapore 0106 hereby give notice that In consequence of the Intended change of name, we have applied to the Registrar of Singapore Ship, under Seotloa'BBo of the Merchant
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      Page 23 Advertisements Column 1
      1619 23 L iiIWWfTgWBT -1 pgai BBSSSS"?* 220 m PESAKA JARDIHE SHIPPING KvM POST KELANG TEL Stt4U« lfel^77fllA»7m Dedicated fu Cjuulify Ffffflffgl KBS ■»»orr export wmuvotam Hw gg MR "irc~ mi jg "S~ "ST cm* "inT" IrrT" ~hcT~ Emi TM« vtM < lkpi» J ll I mm MM m 10—ETI w 1
      1,619 words
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      Page 23 Advertisements Column 2
      2335 23 DESTINATIONS TMs «eek NMMMe M Ooamg Time If CV 04TM OMO WW cm s*w wwhw m Tars oak lias I hou I MM* 1 *n. Ima I cms ism, im. Imc i mow hm i uiTM rm ii mm asno aa/10 iwio |Mno 11/11 IVII wii I*ll 10m *1/11 22/11
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      Page 24 Advertisements Column 1
      844 24 raKC lUUI If > AUWWAIM 1 1 —r- 111 nut unrviMr I VQY NO BTOWE P. KELANO SOUTHAMPTON HANMUNQ BREMENHAVEN _AMT¥®W_ LE HAVWE alXika maau or/a* is/io awio 7/11 em iwii «J" M HTE ROSA 04/008 18/10 1»11 «JJJ *JJ L/ M BAY 17/888 28/10 27/10 Wll Wll Wll a
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      Page 24 Advertisements Column 2
      472 24 MORTHHOUHO TO UHC ITOM ROM/ADAM HBG HULL <UX) IVYRAHK v an «U M 2 *12 U/12 TAUSALA SAMOA VJfIN M 2 SA MA 14/1 CLVDERAHK V-27R g 29/1 11/1 W •MB taM.KI M AaMNqoNMaa|F*aßrtiaaNarttaapMNßMMMMs*Mf I tOUTWOUWP TO MMIA WW (Ml—* (ASIA-SOUTH PACIFIC JOINT SERVICE) COLURMUS SINGAPORE VM NrtMwMiy.LM.taM NORA VRAM
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      Page 24 Advertisements Column 3
      922 24 ESI Rißßßlffi &MST9 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN cm PRS ALG RCL FEL HAM BRE ROT ANT LHA Sic) iSf) -i ARABIAN SEA 808 20/10 24/10 6AI 11A1 13/11 M/ll 11/11 IS/U »11 21A122/U MOIIAIIBB-3 27/ M 31/10 13/11 ujfll 20/11 23/11 25/11 26/11 2701
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1205 25 Sg Steamers Maritime Holdings Ltd P&O gfw STRAITS SHIPPING Containers M rjn PJOmi R"Me rtaf llw R*Me Uk I imhmm up* am am am um am miu I aanaa am wi nu «i w sm accepts caroo out sails I ST.*!— 55 55SIS 35 2S vwmm«.i*m j immmonmr am am
      1,205 words
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      Page 25 Advertisements Column 2
      929 25 TO: EUROPE TO; FAB EAST sp in rm mm nc ax wok nk kao bu CNOYAN6 CNANCf MM 21/ M *11 *11 I*ll I*ll I*ll CNOT AM MM Ml M B|U fU «1 NANJIN LOUMH MV mi It/11 2*ll H/ll *11 27/11 NAHM OMUMO Ml *11 Nil N|U MHI NANJIN
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      Page 25 Advertisements Column 3
      27 25 MOULAM tOIVICC TO KARACHI STOK LOADING FM HUA HE Vlll am KARACHI AfMk SHWUtAWA MCISNM NTT. TNAMSPORTATIOM CO. (HI) LTD. W: BHIM Tte: M WII fmr. WWW
      27 words
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      Page 25 Advertisements Column 4
      309 25 STVAITS/ JAPAN/ STBAfTS SBMK jS SPECIALIST IN fcO-RO ft HEAVY LIFT3pt VESSEL SEW TAJUUHC ASIAN KOGGEGRACttT I S. ■ATSUYMRA PINANC CLIPPER A>'< VOY. NO. M s m s Vj;^ S>tn la Nrt ttflt 2V* apt P. Ma* In Nrt 1/11 TAaliM Onto 1101 t j Iwißh «f i j NOTE:
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      728 26 SSSBmbJ I WAN MEELAD ML 711 WW BANOAR ANAS H^fviV/f*WWikT-w WAiWAPfttr PIBITT TIBYITI (fc/BULK COWTAMCR) ETA SNK GUAM SAIPAN ■SPARKLE« 1-2 NOV M NOV IS NOV MET VI a NOV M OCC UDEC •MKBOBESM rams DMCCT CALLS SUBJECT ON INOUCOENT BASIS union jam at SUA* south Mcmc mviCß anno vsl
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      576 26 (J?) HANJIN SHIPPING I Xy 4T FULL CONTAINER SERVICE I ommmcmmiM* fWI'SrW 57 Br SP rflr=S i I NANNN U HAVRE MB *11 22/11 ail 24/11 2*ll 27/11 onMHluraiM ti£ J MNAM M m! Zu I HARJ4N HASAN HI I 11/U IMI »/12 W wotmsjucohw 081 X. P—HBMM IV *12
      576 words
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      Page 26 Advertisements Column 3
      182 26 II 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 VESSEL LTA. W HM W hu HONG 01 117 (HI Sid SM In H 2MD 05|tt J m/v TAI BAO *w
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      930 26 I ALSO ACCEPTING CANQO TO: I MMM (JHIMUM MTM IMIAMMIi MMM| UMMMMII at HMWMAO ma I 1) TJBBmF® VIA m VM I I jj* Z H» Kxtmm inga»mja i» I MWNMt LiviifooL QLAtsn m numw ■H W mii MM IB— ■EPFPBFM 3 mam hp wemmm. lax *c m m wa
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      Page 27 Advertisements Column 1
      1158 27 anirriilu iimaa, ircmiCTuajr, wiuuci 10, inoo SjggPff PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSff ml iflV PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 VMBBL VOY SM ACT MY VOY NM KAO XU YOK *JJS, IMMMMT M MPT MTM WW 4M MTM I*ll Urtl MM V" Jg™ mm 4MB
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      Page 27 Advertisements Column 2
      583 27 rm pklam srxm urn nuvn rom m*b I Maaka hn llna am >|U w U/U 1«U M|U I Mii« am uw www aw I tap tar a/m on aw >w aw aru an I g»*»n a *a wi wi mi iw w lata bpnn w W an an ail am
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      Page 27 Advertisements Column 3
      345 27 DJASAQETRI A Joint Europe Sarvtce Of; P.T. DJAKARTA LLOYD P.T. GESURI LLOYD f.T. UaWLAA IHDOKSIA P.T. TRIKORA LLOYD f grKU HUBS MMTM TI MV. KUTAI VOY 18 WB (FAST TRANSIT) ETA POWE 2> OCT ETP IflT| siiS 8 SB Ntajm to todacwwwl. Atoo occopMng cargo to CdiMlmoi, Part MaM, Port
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      491 27 BT^® r -^—B^Pl^B ®B^^Bi tea MYANMA v99l FIVE STAR LINE (Burmese National Line) Loading for Yangan (Rangoon) S port P.KeUng Ptnang Bangkok Z NERGUIV® Ufl3 Oct...-* NANUMYINE m 2M Mm «M •HPA-AN VMM am Oct J TMSCH ONLY THE BANK LINE letffißsT9PA^AHCTWlftttl COLUMBUS SINGAPORE V2S Sjff 5 MORAYBANK VMS M|fll
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      1092 28 ragEbigui IfflfiCll voy •moo T%irm [sop lb cms nfk nyc mtx I FRIENDSHIP 1« 11/10 17/10 19/10 11/U 21/U 23/11 25/11 29/11 WJUNCJAD! 21 23/10 24/10 21/10 11/U 21/11 30/11 2/12 1/12 FORTUNE 17 30/10 31/10 2/11 2S/11 5/12 7/U J/U 13/U BRIDGE 25 l/U 7/U 1/11 2/12 IZ/U 14/12
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      658 28 EXPRESS CONTAINER SERVICE Ti wp pan PMM| Fmm| Lm**| Mr mtm M h fmto If FmMt TULSIOAS Oct 24 Oct 24 Oct Mi I OAS 1M lOk Slr Ola ri>i»lli*M»'<H TULSIOAS v«S KOk 10 OK 10 OK KALIOAS *47 Nlm Ulb UiH f TULSIOAS 1M 1 F«t 25 tm »Jm
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      507 28 r \S?>sl GOLDEN LINE 1 I > GUAN GUAN SHIPPING (PTE) LTD I IL N 23 TtM Strwt I SIHCAPO4I 01M TIL VM3W (10 LINIS) fit H4BH STRAITS/PERSIAN GULF SERVICE; fmn P. Mm, fmm, I am o« cm ma sum CUAHC BM NumcmMM BO* oaj tum aiAM hmp»m»i Od Vrn
      507 words
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      661 28 I^MUBOT^TwTFcTTaWtri I VESSEL ETA SINGAPORE IOCSTINATKM f i™ M :&Ngattaß- i lAOU MAM A (NAAJAM tm 2V*. vu jioomi (lcl) araar I I AQABA, HfltflftftW TW MM"**/* lUWNC. KOBE. TOWO. ttELUM~I I iIM a kntrtmmr m»n ntwnti m BUSAA, JAKARTA I ITB* maiN OOLOBO.MIACM.MMAY. MAORAS, CALCUTTA 111. {OLOM 3/M CMTTABOM
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      Page 29 Advertisements Column 1
      1276 29 Apris Sport WFTWE AfiEMCO PTI. LTD. T t J in* SOU BHD SS* JS&" Ef S ss? N(JL sss- ssr ssr gf *****19 *****15 HH \neptune ORIENT 111 n m ysl/yoy UN pro sgp motur yiuvoy Mr um ru bom ham *f°T™ ifi JKL 52f Sfi!! SL 5£ £51 a
      1,276 words
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      Page 29 Advertisements Column 2
      852 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: "220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCMM p IKLAM MESSRS NAI TNONC SHIPPING 127 PanantStratt Panang, MalßYt* MS HANDLING SYSTEM CO SM
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      639 30 (r nam v INTEGRATED CONTAINER SERVICE MEMBER Or EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUNO StN ICA ANT RM HK RST L TMAEUBANN I* In R ]|11 1I)U U|U 13|11 V|U muKLANo vub »/5~ u/u n/u a/u a/u a/11 m ulmkmt m 5/u~ am «iu w mu
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      Page 30 Advertisements Column 2
      482 30 •JUGOLHMkJA 1 "rtSI Si S S uwm PRIMORJE 20 OCT 23 «T 27 OCT 25 OCT Hmmtu, BrnVTmah. ktanm. P. Sad, LtillN. LMMa. 0«m, MmM RRK 20 OCT 23 OCT 25 OCT Bv. Rtftr. RhMu. TriMM UNA I 1 NOV 4 NOV (NOV I NOV tut IM. Ports HRVATSKA 10
      482 words
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      Page 30 Advertisements Column 3
      125 30 EontermJ GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACM EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment Door-to-Door Factory Handling Services COMTERM FREIGHT (F.E.) PTE LTD. C*/? S PORE TEL: IMOOI FAX: 29*11*1 F. KELANQ TEL: »-75«7«i7 FAX: W-T»m7l MANILA FULL CONTAMER SERVICE VESSEL |VOY I SING I
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      Page 30 Advertisements Column 4
      459 30 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSI ETA ETC LOAOiNfi FOR DELI I NOAH IN PORT 17.10J9 PANJANti/PK. BALAM NASA JAVA 2S.IQJS 26.10J9 PANiAM LAMPUNB JAYA 24.10J9 26.10J9 SEKARANG/PANJAN6 PI NAM JAYA 16.1019 17.100 PAWANG/PK BALAM POMTA JAYA ***** 21.100 PANJAM/JAKARTA ABAOI JAYA 21.1089 *****
      459 words
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      Page 30 Advertisements Column 5
      592 30 ASEAN PORTS BANGKOK sailings a week Hmm Hock Aaencv Co Ltd BKK (Tet *****80) **«a ww hmnm. Ibanwok PITA RHUM Ml Wat In Pt M am <huhr law nwr mw iw am tmanabnum am f* mm m» ■OMA PACIFIC 1 a/m TW mm pwabnum wn mm am m mm UNLINK
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      Page 31 Advertisements Column 1
      518 31 I VCSS£L VOY SINGAPORE KHF/DUBAI KARACHI LANKA SRI MAN I 71W 20/10 1/11 I LANKA SIR! 129W 22/10 I LANKA SRI MATH I 71W 03/11 14/11 I LANKA SIR! 130* 06/11 I I ALSO ACCEPTING CARGO (FCL/ICL) FOR I I A) MOAN PORTS I I MADRAS -TUTCORIN; COCHIN MANGALORE BOMBAY
      518 words
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      Page 31 Advertisements Column 2
      308 31 loam* P» JTrT" U>W— »l »"M ■"■»a». DJMOUTI NaYBAI«T -V-T- ..Imii.. HOOCCJMI JFU2V SSSaJSSS oj«X^ Wfw_ nitatmi HOOICAH W*: 17f »a*»a. m g MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG ACCEPTING BOTH FCL/LCL CARGO fend Sport Durtan Jotonnasburj POOLORACHT V-PO93S 28/10 11/11 M/U DILIGENCE CONTAINER
      308 words
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      Page 31 Advertisements Column 3
      879 31 < v CRYSTAL FREIGHT SERVICES PTE LTD tel miMiztmn HONQKONQ/ CHMA 21/10 17/10 BANGKOK 22/10 28/10 P. KELANO/PENANG 20/10 17/10 BUSAN 20/10 A 2/11. KEELUNQ/KAOHBRJNQ 22/10 20/10 MAMLA 23/10 00/10 JAKARTA 21/10 20/10 SYDNEY/MELBOURNE 20/10 B 20/10 FREMANTLE 1/11 B IMI PONT MOREBBY/LAE 2S/10 B 0/11 COLOMBO 20/10 B 27/10
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      Page 31 Advertisements Column 4
      318 31 BAY OF BENOAL SERVICES snai wt MR m cm. aw SUSAK S4N 20/10 27/10 CALABAR 78CNB 22J10 28/10 TIGER BAY 85N 29/10 5/U LEUVE 9113 30/10 4/11 1/11 SUSAK KN 3/11 UVII CALABAR 79CNB 5/U 11/11 TIGER BAY «7H 12/11 19/11 LEUVE 9114 15/11 20/11 24/11 RORO/LOLO BERVICEB 881/HCM/NPNP KMELI
      318 words
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      Page 31 Advertisements Column 5
      210 31 TO AUSTRALIA/NEW ZEALAND mmaiHi; w5 75T w —\m —5i immm aw "wo" in ~*a \m va maaa Btu in -5 l*r yiw V c.kmm» w —pii 5 IS DATS TO mUOUINB 3 TO USA/CANADA -J 3 mimiHw w m m ufl t 5 lmmm am m m m m ■nmaai
      210 words
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      799 32 IMF OCERnSERVICE JS J LCL/FCL SERVICE TO/FROM f 9mt In UJ.A. 0*»w«l Afents: s V ,^v J 7KAAtS-ZJAOC—-e»/i PENANG KL: allicd-LINK SINGAPORE: /ZPfrs 04-*****2 03-*****55 778 6522(22 linesi SEES \f Meiiii Ox tan Na/CkrlßiM Chtoo EWmTmAHkV* WEm»9cT-Wm EXPBfSS SERVICE totoom CHI FEEDER iTNMIDIia VESSEL HK TMO MICA IQQ WW VMS
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  • Page 32 Miscellaneous
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      128 32 MQIgKiOT WBATNDI AND 7.30 A.M. OCT^IB, 1989^ LfGIHO D Tamperotura Shw"* Waothar Wnd (Vac two wrtti speed «i knot» ae Ro«i Wove height Cloudy Shy I Serfece wiada are located by arrows wtuch fly with the wind One ful code rapre*aot* cofcn or light and vonobM wndi One ho* Heche
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      600 33 anirruiu itmiia, F»M| 5 COMPANIA PERUANA J R DE VAPOREB i "PERUVIAN STATE LINE" 5 P «mr% AT K0« ON cry TNIMMKM lIU OF UMN6. S f NNMT P Stopoore d m KAMALEVERETT njßOet a 5 SNAPLAEVERETT Oct 2 j TWIIASEVERETT W7Ww V! Nev K "EVERETT ORIENT LINE" (k W
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      Page 33 Advertisements Column 2
      540 33 FULL CONTAINER SERVICE maMai FCLACL MM h USA EaM ft «Mt Caart, I Ciulßftaaa.firt C«aa<a. HAnTTiiT ill «ai Hiaiwii II VSt NPORE NMINUNEB ILAX BUT 9M [HYC MFX~I ZIM BRISBANE WM M JJ&} "K JQj ZIM GUAM 2*lo Ml NWYOa* MAI Ifll WU I*l2 U/U MMCAK.S SI SSSS a!« 818
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      Page 33 Advertisements Column 3
      579 33 SING KWANG HANG wmrmm twambpohtatioh (ttd ltd WEEKLY LCL/FCL SERVICE VESBEL IBPORE [JAKARTA [SURABAYA] JENHOL 13e 21/10 I— [24/10 A VEBSEL 118/10 121/10 I- I VEBSEL |B'POR£ [BANGKOK*"! A VEBBEL IS/10 21/10 A VESSEL 121/10 124/10 I OSSIBIATIONB FT A BBMAPORB PORT KELANO 20 OCT MANILA 20 OCT HOMO KONG,
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      Page 33 Advertisements Column 4
      510 33 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCk CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI 304-305 A In Pt In Pt 20/10 20/10 PRASETIA 34-36 A 21/10 15/10 17/10 17/10 PRABHAKTI 306-307 A 24/10 26/10 27/10 27/10 PRASETIA 3S-37A 28/10 29/10
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      431 33 |H| m HIUMt 22/10 KEELUN6/KAOHSIUNG 22/10 BANGKOK 20/10 MANILA 21/10 JAKARTA 20/10 PORT KELANG/PENANG 19/10 BUSAN r 23/10 TOKYO/YOKO/KOBE 26/10 HONG KONG ate accepting cargo to Huangpu/Shenzhen/Fuzhou/ '.1 Xiamen/Xmgang/Shanghai a/io SKvp/sou 21/10 ROM/HAM/ANT/LE HAVRE/GENOA ate aooaptni cars to Austria/ Hunpry/wumama/Potood/Bul|Kia^2*ch. M ■UMHI SB fry WiHr 1 19/10 LA./NYC/SFO > 23/10
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      1180 34 1 Jit HYUNDAI HMSI merchant mawiwe co. t ltd. MKi3a3HHß3iyH^^B EASTBOUNO TO USA II WESTBOUND FROM USA ;TO WW sin hkg um oak ma FROM PSW in oak «a ma m HYUNDAI 11— IS «l l|N U|U M|U HYUNDAI INNOVATOR MM MN W Jg UJJ W HYUNOAI lUHNfIt 27C 27
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      Page 34 Advertisements Column 2
      876 34 I te JE CONTAINER LINEI TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POtT KELAMC MHZ7/MIMMA aoT* 2S.H kmmm mm nia«»i BANGKOK 17H t fl/M TOKYO 11/W 2VM HONC KONC IVIOIXH HOW U/1B 4 H/li CHINA lftflf 4 M/ 14 KAfiOVA MfM 4 2VM
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      Page 34 Advertisements Column 3
      424 34 UK/CONTINENT (TRIO) |||^H jjWjgp ta* jg J 1 jpj |SSr ULL MEDITERRANEAN (MED CLUB)* JEDDAH NNjjjH X J 5 LMmmn 'S i$ NV^^H MIDDLE EAST (OASIS)** fe-POflf kUMI NMMM MMMH KUMIT IWMM VttMBOS ACCIPTHK HM BOM *AW BNAM VIA DUBAI scEJ: hiTHs-r Hi— TO: SOUTH AFRICA WBSftn.SEr |||OH| CTA M
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