The Business Times, 24 October 1989

Microfilm: NL16820
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, OCTOBER 24, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    239 1 Dow down US STOCK prices gave up their earlier slight gains in morning trading yesterday amid a softer dollar. The Dow fell about six to 2,684 in early trade. Decliners outpaced gainers by about six to five. Reuter Footsie up LONDON share prices rose in very light
    239 words
  • Article, Illustration
    General Corp proposes to absorb Low Keng Huat (S)
    569 1  -  PRICE OF Msl27m TO BE PAID FOR BY SHARE ISSUE By KEVIN GWEE GENERAL CORPORATION Bhd's (GCB) managing director and major shareholder Tan Sri Low Keng Huat has proposed to inject his private company, Low Keng Huat Construction Company (S) Pte
    569 words
  • Article, Illustration
    Asian markets finish generally firmer
    321 1 REGIONAL STOCK MARKETS posted cautious gains yesterday, with Wall Street s expected performance still in the forefront of investors' minds. In Singapore, share prices rose on bargain hunting by retail investors. The Straits Times Industrials Index rose 19.42 points to 1,365.02. while the Business Times
    321 words
  • Article
    Lock icon China's private economic sector shrinking
    253 1 AFP MORE THAN three million Chinese workers have left the private sector this year, adding to political and economic pressures on business in the country and causing official concern, according to the China Daily. The official English-language daily said yesterday that the number of private
    AFP  -  253 words
  • Article
    Lock icon Malaysia approves M$1.2b worth of expansion, diversification plans
    526 1 Bernama MALAYSIA approved 191 expansion and diversification projects in the first nine months of this year involving proposed capital investment of Msl.2 billion. Trade and Industry Minister Datuk Seri Rafidah Aziz said yesterday this showed that not only were new investors coming
    Bernama  -  526 words
  • Article
    Lock icon Visit by Chinese team to Brunei
    96 1 Reuter A CHINESE trade delegation made an official visit to Brunei between Sep 27 and Oct 1, the newspaper International Business reported. Beijing has no diplomatic relations with Brunei and the visit was the first official contact. The paper said that the delegation discussed
    Reuter  -  96 words
  • Article
    Lock icon Satellite launch
    53 1 Reuter A US-MADE satellite will be launched as planned by a Chinese rocket next April in sprte o< US sanctions against China "I am 100 per cent sure that the satellite will be launched on time.'* John Lawrence, business manager of Asia Satellite Telecommunications Co Ltd. said in
    Reuter  -  53 words
  • Article
    OCBC may re-draw plans for Tanjong Rhu condo project
    412 1  -  By LILIAN ANG OCBC BANK, which recently revived its condominium project in Tanjong Rhu after a four-year lapse, may once again delay it Though it has received inprinciple planning approval, sources say the bank's plans may be put on hold pending
    412 words
  • Article
    Lock icon Bank calls for British passports for HK residents
    162 1 Reuter rat >owowoaM pasaeiTrti r M given to HI 7 w' «*e» »mm reT*e niu o* »o an Hongkong Bribe* C4USHS of the right of abode m toe UwHad Kingdom would be an eWoctme meens of persuading them to stay, the benks
    Reuter  -  162 words
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      178 1 JV/Jronl The World's Finest Photographic System. Beef is Boss atJackjs What makes Jack's Place one of Singapore's favourite Restaurants It's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender, juicy steaks just the way you like it, everytime. Be it
      178 words
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      Page 1 Advertisements Column 2
      302 1 Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 NOL buys London building NATIONAL CARRIER Neptune Orient Lines (NOL) has acquired its first office building in Europe for more than $5 million and is believed to have bought another in the US. For a full report of
      302 words
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      112 1 I Free with I your copy of BT today J BUSINESS TIMES brings jg you today a complete ]^M^CL* 0 T o survey of local real I estate as property I JB pundits put their minds i'i 1 I to what is in store for L±l investors. Also in the
      112 words
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      Page 1 Advertisements Column 4
      48 1 Nikon The World's Finest Photographic System sign Ccirfi€r llrl I l t PASHA MUST VENDOME mu/t" dp (artier ftjns mu/t* de (a/tier Boutique/ SINGAPORE #01 -36. Lucky Ptaza. 304 Orchard Road Tel. *****27 #01 -04. The Shoppng Gallery. Hilton International Singapore, 581, Orchard Road Tel: *****95 1 3^
      48 words
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  • HOME NEWS
    • Article
      Human ties important in Asean-Japan relations
      159 2 PEOPLE-TO-PEOPLE links are one of the best ways to continue building the strong relations between the nations of Asean and Japan, said Or Tay Eng Soon yesterday. Or Tay. who is the Senior Minister of State for Education, was addressing participants of the Ship
      159 words
    • Article
      Hot competition for airport outlet
      531 2  -  A&W PUTS IN HIGHEST BID FOR FAST-FOOD LOT By SUZANNE SOH FAST-FOOD CHAIN A&W (Singapore) is counting on a fast and furious flow of hungry passengers and visitors at Changi Airport's Terminal 2, due to open late next year. It has put in a whopping
      531 words
    • Article, Illustration
      An invitation to set up a space camp in Singapore
      398 2 FRENCH ASTRONAUT Colonel Patrick Baudry yesterday invited interested iocal parties to set up a space camp in Singapore along the lines of Europe's first such camp in France. Coeting about 80 million francs and needing one hectare of land, the
      398 words
    • Article
      Project to help metal industry automate
      354 2 LOCAL plating firm Microteam Industries (Singapore) and the Ngee Ann Polytechnic are working on a project to help small and medium firms in the metal finishing industry to automate their plating and process control operations. The project comes under the Economic Development Board's Industry
      354 words
    • Article
      MEMO-PAD
      746 3 Seminars and courses Oct 24 Corporate Communications The Dynasty Institute for 25 via Effective Public International Relations and Advertising Research Oct 25 Understanding Financial Century Parle Dominion Economic Cycles For Sheraton Conferences Better Business Publications Decisions Pte ltd Oct 25 Tips on Improving Human SMA House Singapore Resource Management
      746 words
    • Article
      Inpro '89 nets $18m business
      237 3  -  INTERNATIONAL PROCUREMENT SHOW SUCCESSFUL By SUZANNE SOH FOR THE next 12 months, business worth $17.8 million is expected to flow in for sxhibitors st the international procurement show, Inpro '89, which ended early this month. The amount is about 37 per cent more than the
      237 words
    • Article
      Kenmore sees its prospects in Asia
      316 3 REFRIGERATOR parts maker Ken more Asia sees its greatest growth potential in the Asian region because of the expanding economies and a subsequent rise in demand for coolers. Yesterday, a ceremony was held to mark the official opening of its $1.8 million premises in
      316 words
    • Article, Illustration
      Celebrating 25 years of independence
      188 3 TO CELEBRATE Singapore's 25th year of independence in style, a whopping $30 million will be needed. "We can rejoice with pride on what has been achieved in the last 25 years of independence. And we can look forward with confidence and commitment to another 25
      188 words
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      267 2 GOOD IDEAS KEEP COMING UP f i Only Sharp gives you 8 half-tone clarity for so much less. That's why Sharp's FO-151 fax is the Hnsunng superb image quality especially And its smart, professional look perfectly smart choice. for all your catalogues, photos and diagrams. complements its many features. It
      267 words
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      Page 2 Advertisements Column 2
      50 2 Stupid to 90 to Mars on national basis, PAGE 9 Oriental Snacks and Appetisers Here you' 11 find recipes for JUMSSBBft snack food from the Middle fit £<25/, India, Thailand, Burma, t^pSBiBM^^a Indonesia, Vietnam, Kampuchea, China, Japan Now at only $6.90 Times The Bookshop 109/12/89 I Times Publishing Group i
      50 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      202 2 WEATHEftffi^ and waathaHoracail city ft- 1 Note OUTLOOK: Bho vara Mtn mr N<wrd araaa In ca mun>n Raport for 24 houn prior Abardaan 12/08 Shown to 7.30pm on Oct 23 at Arratordam 15/10 Cloudy a rportl Alhan* 23/11 Sunny Me,l ""£7rr Auckland 17/10Sh©wan lLum lniJ J* Bangkok 32/23 Fair Bofng
      202 words
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      208 3 YOU ARE INVITED TO DISCOVER THE NEW FRONTIERS OF FRANCE AT THE SLF AUDITORIUM 512 A Thomson Rd Singapore 1029 25 OCTOBER 1989 26 OCTOBER 1989 Guest of Honour Guest of Honour Mr. Michael Yeo Mr. Yeo Cheow Tong Chairman of Science Centre Board Ag. Minister of Health Col Patrick
      208 words
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  • FOREIGN NEWS
    • Article
      Lock icon KL Budget expected to tackle inflation, unemployment
      449 4 Bernama MALAYSIA'S 1990 BUDGET is likely to introduce measures to curtail inflation and ease unemployment to propel the already bullish economy to even stronger growth, analysts say. They feel that the Budget, to be presented by Finance Minister Datuk Paduka Daim Zainuddin. will
      Bernama  -  449 words
    • Article, Illustration
      Lock icon E Germany facing hard choices, say analysts
      494 4 Reuter EAST GERMANY, shaken by protests for fundamental change, is facing difficult choices as it strives to adapt its rigid economy to mounting pressure for better living standards. Western analysts say. A shortage of coveted consumer goods, set wages that sap initiative and
      Reuter  -  494 words
    • Article
      Lock icon Labour takes 10-point lead in British opinion poll
      207 4 Reuter BRITAIN'S Labour Party led the ruling Conservatives by 10 points in an opinion poll published last Sunday which showed falling voter confidence in the British government's economic policies. The poll in the Observer newspaper gave Labour 46 per cent of the
      Reuter  -  207 words
    • Article
      Lock icon South Korea reduces trade surpluses with US and Europe
      329 4 AP SHRINKING EXPORTS and rising imports sharply reduced South Korea's trade surpluses with the US and Europe in the first nine months of this year, the South Korean Customs Administration said veeterdav. Officials in Seoul said Korea's trade surplus with the
      AP  -  329 words
    • Article
      Lock icon Graft may erode military victories: Aquino
      314 4 AP PHILIPPINE President Corazon Aquino has said that the communist rebel leadership has been "decimated" but corruption in military ranks and abuae of civilians threaten to undermine "the strings of victories". "For the first time in four years, there has been a substantial drop
      AP  -  314 words
    • Article
      Lock icon Opposition picks man for Hungary's presidential polls
      383 4 Reuter HUNGARY'S main opposition group last Sunday announced its candidate to run for president in multiparty elections as the country prepared to declare itself an independent republic. The declaration was scheduled yeeterday, the 33rd anniversary of the 1066 uprising against Soviet dominstion that
      Reuter  -  383 words
    • Article
      Lock icon EC chief seeks aid for Poland
      145 4 AFP POLAND will only succeed in implementing political reforms if it averts looming economic "disaster", the president of the European Commission said in Paris last Sunday. Jacques Deiors called on the European Community to help East Bloc countries "because they are Europeans like us".
      AFP  -  145 words
    • Article
      Lock icon New weapons for Cambodian guerillas
      263 4 AP SOPHISTICATED European anti-tank weapons have helped Cambodian score unprecedented victories against the Vietnam-backed government. Western diplomats and guerilla officials in Bangkok said. "This is the most important weapon we have ever received," Qen Dien Del, deputy commander of the Khmer People's National Liberation Front,
      AP  -  263 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      933 4 ARRIVALS Operator Service Local From number time IT CAL TEX 1115 PKU •A M421 11X) IWN IFA QF072 1135 Mac U SQ151 1145 CCK MA GA940 1150 MiS HA TG403 1155 hoc IA SQ191 1200 FB4 MA GA900 1210 PKU IA SQ069 1210 Mac HA TG407 1225
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    • Article
      Lock icon Mexico optimistic about debt accord as economy recovers
      439 5 Reuter THE SETTLEMENT of two potentially damaging labour disputes in Mexico last week and recent upbeat economic indicators have raised optimism among Mexican officials hoping to persuade reluctant banks to accept an outline debt agreement Mexico's Finance Minister Pedro Aspe said last
      Reuter  -  439 words
    • Article
      Lock icon Sisulu favours immediate change
      188 5 Reuter FREED black South African nationalist leader Walter Sisulu said in an interview published on Sunday that he favoured immediate radical change over step-by-step reform to end apartheid in his country. Mr Sisulu, released a week ago after serving 26 years of a life jail sentence
      Reuter  -  188 words
    • Article, Illustration
      Lock icon Israel should improve ties with Arab nations: Shamir
      341 5 AFP ISRAELI Prime Minister Yitzhak Shamir has suggested that Israel should improve titoe with Arab countries, i Mr Shamir told the Barcelona newspaper Vanguardia on Sunday that ISrael "should change the tdne of its relations with Arab countries". 1 "Why would we
      AFP  -  341 words
    • Article
      Lock icon West African leaders may approve new import tax
      281 5 Reuter WEST AFRICAN leaders, lacking finance for economia integration projects, gathered in Benin yesterday for a meeting likely to approve a new levy on imports from outside the region. The West African Economic Community (CEAO), which groups seven states, his proposed a
      Reuter  -  281 words
    • Article
      Lock icon Quake will take toll on retail, tourism
      428 5 SAN FRANCISCO'S BUSINESS COMMUNITY MAY LOSE MORE THAN USssb Reuter TOURISM, the San Francisco area's biggest industry, will suffer the most from last Tuesday s earthquake, but economists say the retail, construction and insurance industries will also lose money. "People are obviously going
      Reuter  -  428 words
    • Article
      Lock icon US budget deficit-reduction bill expected to be ready in 10 days
      184 5 Reuter US HOUSE Budget Committee chairman Leon Panetta said Congreaa should be able to complete a budget deficit-reduction package within 10 days to stop scross-the-board apending cuts that began last week. "I think our chsnces sre very good thst
      Reuter  -  184 words
    • Article
      Lock icon Congress expected to act quickly on quake relief package
      257 5 AP THE US CONGRESS will spend much of this week allocating monay, including billions for earthquake disaster relief, while also trying not to lose sight of the need for reducing the federal deficit. California's House delegation planned to seek an sid
      AP  -  257 words
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      70 4 INTRODUCING THE FURNITURE SYSTEM OFFER OF A LIFETIME. THE WESTINGHOUSE LIFETIME W^^Y. J Only one future I Westinghouse. design, m&kes it possible B3Bm| (w) What does that mean to you? It means quality that's more than just lip Sole Agent: APRES APRES MAnKETING PTE LTD IIHJ 1 pHILLt p STREET
      70 words
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      Page 4 Advertisements Column 2
      27 4 1 MFW VCiQY SSSmESS r INCVV I Wl\l\. Clll your trsvtl agent or Air Cdntdt tt 732 Mi. A Breath Of Fresh Air jS< Air Canada *s-
      27 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      87 4 Doonesbury BY QARRY trudeau amxupi miAHMix ITS NICE 70 6REAT. UIB'LE I KNOUJ, SURE! REMEMrtWttSI' MEET YOU, HAVING A I JUST ONE. IM I COMIC RELIEF, MWWff BER,ATTHB MR.MIX.IM REAP-THROUGH HAVING A LU- HONEY. WITH I TIME,HEMA6 VEWEXOTEP AFTER LUNCH. TLE TROUBLE ALL THE6RJM BEMISTAK- f}£ YOUNGEST {MKYE&K?. ABOUT PIANIN6
      87 words
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      76 5 nwg brwnrnnß 111 BY ORDER OF OWNER 315 Alexandra Road A Quality Building In A Prime Industrial Estate EXCELLENT LOCATION HIGH CORPORATE only 2 minutes from the central EXPOSURE business district with easy access Situated on a maior dual carnage way to the Port and major expressways LAND AREA EXTENSIVE
      76 words
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      Page 5 Advertisements Column 2
      260 5 < v > v i 3 *4 U'tfj ,r > v t JkfM i &nrcit imif 2 *Mm tv MB n Vv y-\-,• i,? i d, i, fe;. iMMri* jiiif i V lIMm The sort of meeting room you can look forward to at Saujana. Not many hotels in Malaysia
      260 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1386 6 SINGAPORE: The US dollar recovered to close mixed yesterday against New York's Friday cloee, dealers said. Trading was quiet in the morning and the dollar was trapped in a narrow range but light European buying emerged in the afternoon to lift the currency to around New York's level.
      1,386 words
    • Article
      Government securities market
      107 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity WO Off€R HIGH LOW 3 months BS*****V 18.01.90 4.21 4.16 4.25 4.18 6 months 8S*****V 18.01.90 4.21 4.16 1 year BY*****Z 18.10.90 4.31 4.26 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate <%)
      107 words
    • Article, Illustration
      World interest rates
      179 6 Indicate* Mm avaraoa ol Mm prima landing rmtmm of 12 ma|or banks In S'pora Interbank market rates (offer/bid) on Oct 23 US$ DM SWFC Y«n 7 dart J/4 3/4 13 1/14 14 15/14 77/1-7 1/4 7 3/4 1/4 4 1/4 I arih 3/4 3/4 13 1/4—13 7
      179 words
    • Article
      Asian $ market
      278 6 Asian market ASIAN dollar deposit rates ended unchanged from their opening levels yesterday, after a quiet day's trading, dealers said. "The market will watch closely the movement of US stock and bond prices and this week's release of several US September economic data for short-term direction,'' a dealer said. Monday/Tuesday
      278 words
    • Article
      Money markets
      58 6 THE overnight rate on the Singapore money market was 3/8 point lower at 5-1/4 per cent yesterday. Term rates were all unchanged. S$ Interbank rates at the dose yesterday; OffH MO Ootrnigto 3 1/4 3 1/8 1-Mrth 3 3/8 3 1/4 2-man* 3 3/8 3 1/4 3 wow*
      58 words
    • Article
      Options
      1246 6 CURRENCY FUTURES OPTIONS Monday Ocfob*r 23, 1989 DEUTSCHE MARK (8JMEX) D*C M oaNi D«c N puk M* Urn Ml H*h Lm. M 53 53 54 JAPANESE YEN (SIMEX) Ok H mM Dm M pult M* Ln M Mgti Ln M 71 77 73 75 CURRENCY FUTURES OPTIONS (MM Friday,
      1,246 words
    • Article
      IMM
      252 6 IMM currency futures ended a sluggish session with moderate losses last Friday, holding near the middle of narrow trading ranges. At midday, prices trimmed losses and rose near the highs as stock prices eased and traders squared positions in overseas dealings. Otherwise, prices hovered in the minus column on
      252 words
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      Page 6 Advertisements Column 1
      96 6 Let your luggage carry your luggage. help maintain mobility on From Sss7soo(h^dium) With Samsomte's new Silhouette 4000 Easy- It is. as we've noticed, precisely what youll Carrier, you won't need to go hunting for trolleys need to take the load off your hands anymore. And off CHjr mind Simply pull
      96 words
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      Page 6 Advertisements Column 2
      99 6 SGJ v—M Wfn $9.00++ per person 4 Jm For 1 to 4 persons 3 courses with soup For 5 to 6 persons 4 courses with soup For 7 to 8 persons 5 courses with soup (includes 1 'live' fish dish) m For 9 to 10 persons f 6 courses with
      99 words
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  • BANKING AND FINANCE
    • Article
      Simex
      516 7 EURODOLLAR futures closed mixed in moderately active trade yesterday due to uncertainty over the direction of US interest rates, dealers said. "Range trading dominated activity throughout the day as operators were hesitant to open large positions. The market is also waiting for Tuesday s US September durable goods data
      516 words
    • Article, Illustration
      Investment demand for gold expected to stay sluggish
      457 7  -  HIGH INTEREST RATES, WORLDWIDE STABILITY TO BLAME By DEXTER LEE DEMAND FOR GOLD as an investment medium will remain sluggish well into the 1990s in view of high interest rates and relative worldwide economic and political stability, said George Milling-Stanley, author of
      457 words
    • Article
      Lock icon Swiss Bank Corp expects higher profits for 1989
      151 7 Reuter SWISS BANK CORP said it expects profits to be higher in 1969 than in 1968. But it added in a report that because of a clear shift from interest-earning business to more volatile commission and trading income, earnings forecasts involve a
      Reuter  -  151 words
    • Article
      Many aware of income loss from injury, illness
      161 7 Many aware o f income loss from injury, illness A RECENT POLL commissioned by Great Eastern Life Assurance revealed that many people realise they can lose their income through serious injury or long-tsrm illness. And quite a few agree that they would have difficulty making ends meet if they were
      161 words
    • Article, Illustration
      How insurers deal with fictitious, exaggerated claims
      623 7  -  by PAUL FRANKLAND SEVEN out of 10 people who make a claim on their personal insurance policies lie. according to a recent article in a British newspaper. This statistic may not fully apply to Singapore, but still, I believe it is fair to
      623 words
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      Page 7 Advertisements Column 1
      34 7 the has riTade more Infornafl^ special wash away. They r ®"9j''® '"l' have greater adhesive Singapore 2262. Tel: 660 bWk Mobil '■%-M The world leader in lubrication technology. TfjjjM >'.* Hp# If? --vPlBi^H r i
      34 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Indon oil industry set for short-term recovery
      785 8 LONG-TERM OUTLOOK UNCERTAIN: U.S. EMBASSY AFP INOONESIA's petroleum industry will recover in the next two years but the long-term outlook remains uncertain in the absence of major oil findings, a report by the US embassy in Jakarta said yesterday. Newly developed wells and
      AFP  -  785 words
    • Article
      Lock icon Natural gas demand growth outstrips growth of reserves
      232 8 AFP WORLD natural gas reserves rose 4.1 per cent last year, but demand grew at three times that rate, according to figures published in Paris last week by the International Natural Gas Information Centre. Reserves totalled 116,283 billion cubic metres, or slightly
      AFP  -  232 words
    • Article
      Lock icon Malaysia's natural rubber output down in August
      335 8 Bernama MALAYSIA produced 126,954 tonnes of natural rubber (NR) in August this year, 3,644 tonnes, or 3 per cent, lower than in the previous month, according to the Malaysian Statistics Department. The department said that production by both estates and smallholdings during the
      Bernama  -  335 words
    • Article
      Palm Oil
      366 8 MALAYSIAN CRUDE PALM OIL FUTURES finished higher on the KLCE yesterday,spurred by late buying activity after trading at slightly lower levels throughout the day. Dealers said the late buying came mostly from commission houses which anticipate lower production in the coming months. The market had earlier opened lower
      366 words
    • Article
      Lock icon Indonesia raises oil export price to US$17.36
      183 8 Bernama INDONESIA has raised its crude oil export price by 34 US cents to U5517.36 per barrel for October delivery. Mines and energy minister Ginandjar Kartasasmita announced over the weekend that even though the price was still lower than the previous U5517.56 level,
      Bernama  -  183 words
    • Article
      Lock icon Bigger Soviet grain harvest expected
      104 8 Reuter THE Soviet grain harvest will rise around 7 per cent this year to between 206 and 209 million tonnes, a senior Soviet official said. Nikolai Belov, deputy chairman of the State Statistics Committee, told journalists last week that the outlook for thia year's harvest
      Reuter  -  104 words
    • Article
      Rubber
      345 8 3INQAPORE: Rubber prices closed slightly lower yesterday, with November 1 RSS buyer quoted at 163.50 cents a kg, down 0.25 cent from last Friday's close. Dealers said prices eased slightly in the afternoon on some stop-loss selling and long liquidation. Trading was very thin and quiet On the TSR-20
      345 words
    • Article
      RAS and MRELB
      361 8 R AS priCOS In S cnilrtg, FOB In bate* NOON CLOSE 5uy#n SilWn Ivytn Siliri Int I RSS Prompt 162.50 163JON 162.25 163.25N In* 1 RSS Now 164.00 164.50 163.50 164jOO Int 1 RSS D*c 167.25 167.75 167.00 167-50 lm 2 RSS OP 161 JO 163JON 161.25
      361 words
    • Article
      Lock icon Crude Oil and Products
      150 8 Telerate FUEL oil prices were notionally unchanged in light Monday dealings. Short-term outlook remained stable on the back ot balanced demand and supply fundamentals. Otters for CSTIBO cargoes stayed firm at around $100 mt fob Sing. A November cargo was reportedly sold at $99 mt fob
      Telerate  -  150 words
    • Article
      KL Tin
      196 8 THE Kuala Lumpur Tin Marfcit (KLTM) ——4 Its downtrend yesterday after a amall racovary >881 rnoflyi CfOalny la Nil down at M 520.42 a kg, brokara aald. Larga offers, prompted by furthar loaaaa on Ilia London Matal Exchange (LME), walghad on tha prtea from ttw atari, Ihey Mto,
      196 words
    • Article
      Precious Metals
      381 8 HONGKONG: Gold closed near the day's low of U*****.70/366.20 in quiet and thin trading yesterday on Japanese selling and local profit-taking, dealers said. They said investors were focused on the US dollar but overseas traders were quiet owing to a lack of market interest. A slightly firmer US
      381 words
    • Article
      Produce Prices
      192 8 Chinese Produce Exchenge Seiers' neon doling priest on Oefobor 23 (SS/100 kg) Coconut oil tuft FO« 9X00 OM drum FOB 106.00 Now drum FOB 102.00 Copra MUod (tooso) 52.00 Pepper munro* wtwiw FOB NLW 490.00 Sarawak w4iHo FOB foq NLW 480.00 Sarawak tpodol black FOB NIW 390.00 Sarawak
      192 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      255 8 Seminars I for accountants and company directors I There has been a major review of accounting standards aimed at achieving global harmonisation of financial reporting, and amendments to 13 accounting standards have been put up for comment. How will they affect your company? What are the responsibilities of directors, particularly
      255 words
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      Page 8 Advertisements Column 2
      70 8 SOUTH-WESpSSHf Jetsef ©Tours I (•««"vw jj\ Explore al your own pace Experience the splendour of wild flowers Drive your own horse-drawn caravan •Be awed by the giant forest Hand feed deer a Marapana Park Climb the 60m tall Ciloucestor Tree i'' 1 All these and more with our f\ 6-DAY
      70 words
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  • TECHNOLOGY
    • Article, Illustration
      Stupid to go to Mars on national basis, says astronaut
      444 9  -  by WALTON MORAIS I w A MANNED SPACE landing on Mars will probably be a joint international effort, French astronaut Col Patrick Baudry said yesterday. Although no political decision at the higher levels has been taken, it is unlikely that
      444 words
    • Article
      Rank Xerox sets up software development centre
      387 9  -  bv JEFFREY TSANG RANK XEROX, the company that made photocopying or "Xerox-ing" a household word, has set up a software development centre in Singapore. The local centre, Xerox's first in Asia, will see an investment of $15 million over the next five years.
      387 words
    • Article
      Lock icon Researchers to create therapeutic drugs with mini supercomputers
      701 9 With mini supercomputers, researchers can create a model of a receptor and mathematically predict its reaction to different chemicals. But the method is still unproven and analysts say it will be many years before a designed drug will hit the market. Reuter
      Reuter  -  701 words
    • Article
      IT industry chalks up robust 35pc growth in revenue
      555 9  -  By JEFFREY TSANG THE INFORMATION technology industry chalked up revenue of $1,065 billion last year, a growth ot 35 per cent over 1987. The growth exceeded the 32.5 per cent expansion in the market seen in 1987 over the year before.
      555 words
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      591 9 Send and receive faxes with your computer? Yes. If you *>u can also schedule faxes to 90 I provide the computer, we'll provide the technology. out during the wee hours, when phone rates erwwonmanM orgvwahons Imagine how much time you could are down, or at other times when you can't
      591 words
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      124 10 I f o We're OPEN for business Mb/ •A' «/CJ m 111 n« it) n» Jm** jJKR-* »h Br j£??i* customers the world over have demanded open .^||l|^ systems because they the power of industry standards. The power of Hr over J/r range of applications. The power of networking. The
      124 words
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  • FOCUS
    • Article, Illustration
      Lock icon Gramm-Rudman: a case for preservation rather than revision
      1171 11 FOCUS takes a look at measures to narrow the huge US trade deficit which is causing serious concern in Washington. The first article, by ISABEL SAWHILL, talks about growing pressure to revise the GrammRudman legislation. The second discusses the pessimism of US
      NYT  -  1,171 words
    • Article, Illustration
      Lock icon Fundamental changes the key to solving US-Japan deficit
      549 11 Reuter US TRADE experts are pessimistic that America's huge trade deficit with Japan can be cut soon because basic changes are needed in US overspending habits and Japan's overprotective business practices. "There is a recognition that if Japan opened its market tomorrow
      Reuter  -  549 words
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      Page 11 Advertisements Column 1
      531 11 A BUSINESS INVITATION TOO GOOD TO UNSS/ BUYER Jjß J .Jfelh skg, GATEWAY TO ONE-STOP w\J TT #i MYmiiv" ,mt «?s; t Jt 0 C hal MERCHANDISING MARKETS SELL UNDER ONE ROOF BUY UNDER ONE ROOF IMM MEANS MORE VARIETY AT LESS COST/ THE WORLD IS YOUR MARKET AT IMM!
      531 words
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  • PERSPECTIVE
    • Article
      For whom the pachinko tolls
      486 12 THERE are two kinds of people in Japan. Those who play a game called pachinko and those who do not. Politicians of all stripes are in the clutches of the former category, which has received money from the pachinko industry. This massive enterprise, spanning 15,000
      486 words
    • Article, Illustration
      Shoe business running up impressive sales
      1921 12  -  More sports shoes makers are setting up their own shops and giving retailers a run for their money. CHUANG PECK MING reports. CHUANG PECK MING ASICS has an image problem. It is known only for its track and field running shoes. The sponsor of
      1,921 words
    • REGIONAL VIEWPOINTS
      • Article
        Dangers from within
        136 12 MANILA "THE GREATEST threat facinQ the Philippines is not the assassination campaign being waged by the communist New People's Army but corruption, which did not end with the exile and recent death of former dictator Ferdinand Marcos... "The faith of the people in Mrs Aquino rests today
        136 words
      • Article
        Options for Japan
        229 12 JAPAN There is also a growing sense of antipathy among foreign nations towards the Japanese business management system Many in the host nations harbour the perception that Japanese companies are hostile to trade unions, and force employees to work like drones for hours on end "As corporate
        229 words
      • Article
        Tokyo's role in crashes
        256 12 "IT IS unclear whether Friday's plunge on the New York Stock Exchange will turn into a worldwide crisis, but share prices did record their 10th worst drop on the Tokyo Stock Exchange last Monday with investors now carefully watching precarious developments on other markets. "Japan, which
        256 words
      • Article
        Glasnost spreading
        256 12 TWO GERMANYS "THE ABRUPT dismissal of Erich Honecker, East German Communist Party leader, proves once again that the glasnost virus is spreading rapidly throughout what was once simplistically referred to as the communist bloc countries "The biggest challenge to be faced by East Germany's new leader, who is
        256 words
      • Article
        The Langkawi Declaration
        194 12 CHOGM THE Langkawi Declaration on the Environment which represents the Commonwealth's stand on conservation of the global environment, is a landmark document of significance to the entire world. It is the first of its kind to have emanated from such a high level of a world-wide orjanisation
        194 words
    • Article, Illustration
      Lock icon US finds Gorbachev is 'for real'
      1120 13 US-SOVIET RELATIONS NYT FIVE MONTHS AGO the White House spokesman, Marlin Fitzwater, dismissed President Mikhail S Gorbachev as a "drugstore cowboy" all hat and no cattle, all talk and no delivery. Last Monday, Secretary of State James A Baker 111 said in a speech
      NYT  -  1,120 words
    • Article, Illustration
      Lock icon West Europeans clamour for tighter economic integration, single currency
      986 13 TOWARDS A EUROPEAN CENTRAL BANK Reuter WEST EUROPEAN leaders, with one eye on the upheavals In Eastern Europe and worried that history will not wait, have stepped up pressure for tighter economic integration and a single currency. A new campaign led
      Reuter  -  986 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      334 12 >•< Petrochem'B9 The International Petrochemical Conference 16-17 November 1989, Hyatt Regency, Singapore Globalisation of the Petrochemical Industry: Business Opportunities in the Asia-Pacific Petrochem 89 will focus on issues pertinent to the recent growth of the petrochemical industry in the AsiaPacific Region. The Conference has been designed to cater to the
      334 words
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      Page 12 Advertisements Column 2
      66 12 Our weekly summary a* what other publications hav« to say about luuti of Inlarnattonal Interest Look at any Window, you'll find Roller Shades Motorised Screens Blackout Shades Vertical Blinds Roman Blinds I Bonded Shades ■We are open on Sunday. 29 Oct. I PTE LTD I A Shod* Bettor Thou Tto
      66 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      108 13 1 From November ist THERE WILL REALLY BE ONLY ONE PLACE TO PARK YOUR HELICOPTER IN KUALA LUMPUR. ~W*~' the business district, the heli-pad at the Regent of Kuala Lumpur comes complete with 469 luxurious rooms, several excellent restaurants and bars, a 24-hour business centre, health club and landscaped terrace
      108 words
  • Page 13 Miscellaneous
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  • LIFESTYLE
    • Article
      US arts director discusses endowment issues
      857 14  -  ART By WILLIAM H HONAN »HN E FROHNMAYER, the new Sairman of the US National EnBwment for the Arts, says judgment rather than the specific ■nguage of a bill passed this Sonth by Congress would best £lp prevent the agency from financing obscene art.
      857 words
    • Article, Illustration
      Lock icon Black Rain doesn't fall alike on Japanese
      672 15  -  CINEMA By SUSUMU MAEJIMA Asahi News Service BLACK RAIN has drawn mixed reactions from Japanese moviegoers since it opened in Tokyo on Oct 7. The American movie features Michael Douglas as a New York cop doing battle with gangsters in Japan's secondlargest city
      Asahi News Service  -  672 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      251 14 If Where tv entertain... Where to entertain... Where to entertain... Where to I If you knew sushi. Mm I I Those who appreciate only the best in Japanese I cuisine have found a home in Singapore. Inagiku. I Reservations, *****10 or *****85 ext *****/6. I wiiMini Thi Wlstin Piaza _f
      251 words
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      Page 14 Advertisements Column 2
      258 14 MING COURT HOTEL SINGAPORE DjAN XIN BUFFET Our Dion Xin buffet lunch spread will also include authentic Cantonese dishes like Braised Beef Brisket in brown sauce, Red Braised Chicken in vinegar. Fried Black Fungus with shredded meat.... Enjoy rich wholesome Dian Xin specially prepared by our Hong Kong chef daily.
      258 words
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      Page 14 Advertisements Column 3
      209 14 ouimg-a* THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungoumnet price! For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon. melon and dried ham. vegetable ternne. rrwxed j seafood salad, cooked assorted vegetables and homemade dressings Select
      209 words
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      Page 14 Advertisements Column 4
      209 14 PEST I 16 to 31 October jj Lunch: $14.50++ k Dinner: $15.50 Cafe Plaza H Plaza Hotel SIMGAfOUC g Sj A KM t Ol OU«fU L« IN VUlfCl 24 5) I \A# here the service is good. I ww the ambience great. I the food simply marvelous 1 I An
      209 words
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      Page 14 Advertisements Column 5
      269 14 ENTER AND FEAST AT OUR GERMAN BANQUET TABLE ■PiH^H II ■■■■■BHHvHHIPHHIH Savour tte 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
      269 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      291 15 entertain.... J I The H I Businessman's 1 I Lunch Is I I In The Park. I H Tbe btuincMman'i) lunch at Hubertuj Grill offera you tbe opportunity to dine in tbe relaxing ambience of a hunter '<< lodge and to enjoy a dump- II tuou<f spread of appetizers, soups,
      291 words
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      Page 15 Advertisements Column 2
      371 15 Wine <Sl Dine features the best of food and drink and the finer style of living. Subscribe to Wine &l Dine and savour a Ik f ft p 1 magazine which describes ouve e Cuisines food for thought and enjoyment. ,> Here's How a collection of great recipes. Breakthrough new
      371 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      634 15 CRYPTIC PUZZLE k —k —k —rr —I c —E —K 3 Building block (5) 32 Look sullen (4) ArD M MM 8 Bedtime drink (5) 33 Fish (3) AOHUoo g ■Bo" I II tO Royal (5) imnM T r»«r>nnnw 3 It's light and airy but rl IJL*U- I'll 11 Mala
      634 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1260 15 TV and RADIO A change of heart CALLIE AND SON, 10.35pm, SBC 5 ■^■1 A wealthy newspaper baron and aspiring politician marries a woman without knowing anything about her past. But soon, it catches up with her. And $Y when it does, it snares him, too. The j skeleton in
      1,260 words
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  • SPORTS
    • Article, Illustration
      KL may stage Formula One
      438 16  -  MOTOR-CYCLING By CHARLES SAVAGE MALAYSIA may stage the mo-tor-cycle equivalent of the Formula One Grand Prix in 1991, says Kevin Magee, who was fifth overall after the 16th and last race of the World Motor-Cycle Grand Prix in Brazil this year. Magee. a 27-year-old Lucky
      438 words
    • Article, Illustration
      Lock icon Harding sees bout as stepping stone
      473 16 BOXING AFP AUSTRALIA'S World Boxing Council (WBC) light-heavyweight champion Jeff Harding sees his first title defence in Brisbane today against Britain's Tom Collins as a stepping stone to riches in the United States. Harding, who rejoices in the nickname "Hitman", is aware that a
      AFP  -  473 words
    • Article
      Lock icon Arum plans to unify world light-heavyweight boxing title
      330 16 AP AMERICAN boxing promoter Bob Arum plans to organise an elimination series to unify the world light-heavyweight boxing title by mld-1990, he said on Sunday. Arum is co-promoter of tonight's World Boxing Council light-heavyweight title fight in Brisbane, in which unbeaten Australian
      AP  -  330 words
    • Article
      Lock icon Hill favoured to keep WBA crown
      119 16 AFP VIRGIL HILL, unbeaten in 25 fjgMs and seen by many as Mike Tyson's most dangerous rival, will climb into the ring a firm favourite to retain his World Boxing Association (WBA) lightheavyweight crown in Bismarck, North Dakota, tonight when he faces fellow-American James
      AFP  -  119 words
    • Article
      Lock icon Year-round testing
      150 16 DRUGS AP THE US Olympic Committee adopted its first year-round drug-testing rules as well as stricter sanctions against athletes who compete in South Africa, as the organisation wound up three days of meetings in Denver on Sunday. Under a new out-of-competi-tion drug-testing plan approved by the USOC's executive
      AP  -  150 words
    • Article
      Lock icon Simpson hopes to triumph in the US$2.5m Nabisco Championships
      454 16 GOLF AP TIM SIMPSON, buoyed by a one-stroke victory in the Disney Classic, gets another crack this week at the Harbour Town Golf Links in the US$2.5 million Nabisco Championships in Florida. This time, Simpson will try to stay away from
      AP  -  454 words
    • Article, Illustration
      Lock icon England demolishes Pakistan in Nehru Cup
      426 16 CRICKET AFP ENGLAND skittled out a tired Pakistan for 148 in the Nehru Cup cricket tournament at the Barabati Stadium in Cuttack, India, on Sunday. Pakistan, finding batting extremely difficult on an awkward pitch against an accurate England attack, never recovered from a disastrous
      AFP  -  426 words
    • Article
      Lock icon World Series to resume three days later than planned
      549 16 BASEBALL AP THE WORLD SERIES will not resume until Friday night, three days later than originally hoped, baseball commissioner Fay Vincent announced on Sunday. Games 3 and 4 and, if necessary, Game 5, are to be played over the weekend at
      AP  -  549 words
    • Article, Illustration
      Lock icon Deadly Davis conquers
      219 16 SNOOKER AFP RUTHLESS Steve Davis turned the final of the Rothmans Grand Prix into a one-man show in Reading on Sunday. Deadly Davis destroyed Dean Reynolds 8-0 in the first session of their best of 19 frames final to leave himself requiring only two more to retain
      AFP  -  219 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      GFW (Asia) aims to be a force in food services
      777 17  -  By ANDREA BORCH GOODMAN FIELDER WATTIE (Asia) Re Ltd is aiming for 25 per cent growth in turnover for its food services business by the mid-*****. "We want to be a force in the food services business." says Mr Neil
      777 words
    • Article
      Lock icon Smith New Court to take stake in Penang brokers
      443 17 MBT SMITH NEW COURT (Far East), which has long expressed hopes of tying up with a Malaysian stockbroking firm, is believed to have finally settled for Island Traders Sdn. Industry sources said that apart from some technical details (like price) to
      MBT  -  443 words
    • Article
      LATEST
      56 17 AUSTRAL ENTERPRISES Bhd: Group profit after tax and minorities of M 55.95 million ($6.02 million) on turnover of $25.5 million ($21.3 million) for the six months ended July 31. 1989. Earnings per share came to 14.2 sen (14.5 sen). A first interim dividend of 5 per cent less tax
      56 words
    • Article, Illustration
      FELS finishes second jack-up rig for Santa Fe
      282 17 FAR EAST LEVINGSTON Shipbuilding Ltd (FELS) has completed a second harshenvironment jack-up rig tor Santa Fe Drilling Company Inc that has been christened Monitor. The rig was officially christened by Mrs Pauline Charlton, wife of Mr Ric Charlton, head of Shell's exploration
      282 words
    • Article, Illustration
      Lock icon KLSE allows non-members to own stakes in brokerages
      613 17 10pc FOR EACH NON-MEMBER; TOTAL MUST NOT EXCEED 49pc MBT NON-MEMBERS of the Kuala Lumpur Stock Exchange (KLSE), including individuals and corporations, are now allowed to take up equity stakes in stockbroking houses Each non-member's stake will, however, be limited to 10
      MBT  -  613 words
    • Article
      Lock icon Sime UEP awaits approval to start development on M$100m Klang site
      372 17 Bernama m SIME UEP Properties Bhd. taking advantage of the present property market uptrend in Malaysia, is all set to start new projects. For a start, the company is planning to develop a MSIOO million industrial site on its
      Bernama  -  372 words
    • Article
      Dao Heng has no links with S'pore Hong Leong
      353 17 HONGKONG-LISTED Dao Heng Holdings which is taking over the Hang Lung Bank, has distanced itself from the Hong Leong group In Singapore whose chairman Kwek Hong Png was charged with corruption last week. A Dao Heng spokesman told the South China
      353 words
    • Article
      George Kent's interim profit up 14 times
      430 17  -  By MAGDALENE NG GEORGE KENT (Malaysia) Bhd has reported a substantial increase in interim profit on a one-third increase in turnover. For the six months ended July 31, 1969. group net profit before extraordinaries surged 14 times to M 51.75 million on a
      430 words
    • SES
      • Article, Illustration
        Bargain hunters push STII up 19.42 points to 1,365.02
        1102 18  -  by ABDUL HADHI BUOYED BY good gains made by regional markets and relative stability on the New York bourse, share prices in Singapore roee yesterday in moderate trading. Bargain hunting by retail inveetors pushed the 30-compo-nent Straits Times Industrials Index up
        1,102 words
      • Article
        Unit trusts
        311 18 Managers' prie« for Oct 24 HI m 1* Singapore Unit Trust 'fit* Co—w 1.18 1.25 Tho Savings Fund 102 I .OB S por« frog fund 0.45 049* S'pors S«c Fund 075 0J0 S'por* lnv*st fund 0.78 0.83 Vporo Equ.lv fund 056 040 m m Asia Unit Trust Mai
        311 words
      • Article
        COMPANY MEETINGS
        45 18 AMALOAMATED PROPERTIES ft INDUSTRIES BHD: 19th AQM at Cempaka Room, Mezzanine Floor. Hotel Equatorial. Jalan Sultan lamail. *****, Kuala Lumpur, tomorrow at 10am. LINQUI DEVELOPMENTS BHD: 21st AQM at the function room, Bth Floor, Mirama Hotel. Jalan Maharajalela, Kuala Lumpur, tomorrow at 12noon.
        45 words
    • Article
      SES SHARE INFORMATION
      5968 18 Or 1 Qr't 1989 Tel Last Vol Day Last Quota D4v D4v Y*ld Nat M Cap High Low Coda Company Sata or- ('000) High Low Buyar Satlar C'vr P/E Smll OCT 23 SESDAQ 280 120 t 4000 Amtek Eng 20* 271 unch 12 271 270 200 272
      5,968 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices rise yet again
        3535 19 MBT SHARE PRICES on the Kuala Lumpur stock market continued its upbeat mood for the third conaecutive session yesterday on renewed buying interest in cautious trading. Dealers said the attention on UMW and Sime Darby paved the way for the upbeat mood. They said the
        MBT  -  3,535 words
    • REGIONAL MARKETS
      • Article
        Lock icon Tokyo market rebounds with a vengeance
        347 20 Reuter THE FRIDAY THE 13TH crash on Wall Street may in the end have given the stock market in Tokyo Just what it needed hopes of a stronger yen and lower Japanese interest rstes. Although Tokyo stocks fell abruptly right after the drop in
        Reuter  -  347 words
      • Article
        Lock icon Japan denies role in market collapse
        252 20 AFP THE JAPANESE Ministry of Finance has strongly denied that Tokyo was in any way responsible for the New York Stock Exchange's recent fall. In an interview published yesterday in the Asian Wall Street Journal, Mr Makoto Utsumi, the Vice-Minister for International Affairs, denied
        AFP  -  252 words
      • Article
        Lock icon Fletcher posts record profit
        240 20 AFP FLETCHER Challenge Ltd (FCL), New Zealand's largest company, has reported a record NZ$653 million (US$373 million) profit for the year ended June 30. FCL chairman Sir Ron Trotter said the figure waa 23 per cent higher than the 1968 result of NZ$532 million (US$3O4 million).
        AFP  -  240 words
      • Article
        Lock icon Paladin puts off AGM
        44 20 Reuter PALADIN International Ltd. an investment holding company listed in Hongkong and New Zealand, has adjourned its annual general meeting scheduled for yesterday after a Bermudan court ruling. No new date is available as the case is still pending. Reuter
        Reuter  -  44 words
      • Article, Illustration
        Lock icon Fifth straight rise
        641 20 Tokyo Reuter SHARE pricee pushed off with a strong stsrt but slowly spirslled down yesterday to finish off the day's highs after a fifth straight day of rises took the Nikkei index near a record high and caused concern over possible overheating. Investors rotatsd through s variety
        Reuter  -  641 words
      • Article, Illustration
        Lock icon Stocks close lower
        482 20 Sydney Reuter THE Austrslian share market cloeed slightly lower in lacklustre trade yesterday, with most attention focused on the sliding share prices of Ointex Australia Ltd and holding company Qintex Ltd. dealers said. CHntex Australia fell 17 cents, or 51 per cent to cloee at 16 cents
        Reuter  -  482 words
      • Article, Illustration
        Prices firmer on buying interest
        1186 20 Hongkong SHARE PRICES cloeed firmer on strong buying interest for banking stocks yesterday. The Hang Seng index roee 28.22 to 2.732.17. while the broader-based Hongkong index gained 18.22 to 1,798.06. Turnover amounted to HKJBSB million (US$lO9 million), down from Friday's HKSI.O2I billion. Brokers said news
        1,186 words
      • Article
        Lock icon Taipei: Prices end lower
        400 20 Reuter A LATE sell off by investors pushed Taiwan share pricss lower yestsrday, rsvsrting their early gains, brokers said. Ths wsighted index dropped 22.12 points or 0.22 per cent to end at 10,106.24 against Saturday's 10,130.36 closs. Turnover roee slightly to NT506.65 billion from NT595.68 billkMl.
        Reuter  -  400 words
      • Article
        Lock icon Manila: Shares end higher
        170 20 Reuter SHARE prices rose in active trade yesterday as investors shrugged off last week's caution and took positions in selected shares ahead of the launch next month of the First Philippine Fund, an investment fund. The Manila Slock Exchange compoaite index roee 23.96 points to cloee
        Reuter  -  170 words
      • Article
        Lock icon Jakarta: Index advances
        104 20 Reuter THREE NEW shares started trading on the Jakarta Stock Exchange yesterday, bringing new investors to the market and pushing the index up 11.23 points to 442.62, but first day gains were not as spectacular as in the past. PT Java Palletizing Factory (Japfa), Lippo Life Insurance
        Reuter  -  104 words
      • Article
        Lock icon Seoul: Fifth straight fall
        280 20 Reuter SEOUL atocka (ell acroaa the board in thin trading yeaterday, with the compoeite index dropping for the fifth consecutive session, brokers said. "Tight inatitutional liquidity was a main factor behind the fall," one broker aaid. "Prices might now start coneolidating, with the 1.2 trillion won
        Reuter  -  280 words
      • Article
        Lock icon Bombay: Higher close
        181 20 Reuter SHARE pricea finished higher yeeterday in moderate new account trading aided by technical considerationa. brokers said. They aaid backwardation chargea fixed on aeveral scrip for the business done in the two weeks to laat Friday aparked off scattered ahortcovering. Backwardation ia a charge impoeed on sellers
        Reuter  -  181 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        462 21 Reuter, AP AMSTERDAM: Dutch share prices continued their upward trend in moderate mid-day trade yesterday, buoyed by higher prices in London, dealers said. They added last Friday's expiry of contracts on the options exchange in Amsterdam had put the share market under some pressure and allowed buyers
        Reuter,; AP  -  462 words
      • Article
        Lock icon Amoco enters swapping deal with Ultramar
        329 21 Reuter AMOCO CORP's UK unit said it had agreed to exchange a 50 per cent interest in a British onshore oilfield with Ultramar pic in return for Ultramar s stakes in two North Sea exploration blocks. Amoco said in a statement released yesterday in
        Reuter  -  329 words
      • Article, Illustration
        Lock icon IBM-Digital battle for mainframe market heats up
        316 21 COMPUTER GIANTS TO UNVEIL NEW PRODUCTS Reuter THE BATTLE between International Business Machines (IBM) and Digital Equipment Corp is expected to intensify this week when the two computer giants unveil new entries in the US$45billion mainframe market. Digital's 9000 computer will be its
        Reuter  -  316 words
      • Article
        Lock icon Euro Disneyland quota for institutions reduced
        159 21 AFP LONDON BROKERS Warburg Securities decided yesterday to give small shareholders a break in the Euro Disneyland project near Paris, cutting the quota of shares to large institutions. The 10.6 million shares offered to the British public at 707 pence were over-eubecribed by 4.7
        AFP  -  159 words
      • Article
        Lock icon UAL Corp board meets to weigh several options
        573 21 NYT UNDER PRESSURE to reepond to a U*****.25-a-share plunge in the company's stock last week, the board of UAL Corp, the parent of United Airlines, was to meet yesterday to consider several options. The board's choices are likely to include a new
        NYT  -  573 words
      • Article
        Lock icon Paribas launches bid for two-thirds of Mixte
        193 21 Reuter PARIBAS, France's second largest merchant bank, launched a hostile bid yesterday for conglomerate Navigation Mixte, ending two weeks of tit-for-tat fighting on the Paris bourse between the two groups. If successful, the bid for two-thirds of Mixte would be France's second biggest
        Reuter  -  193 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      211 17 tlu 0 OVERSEAS UNION BANK LIMITED (Incorporated in th« Republic of Singapore) USD 100,000,000 SUBORDINATED FLOATING RATE NOTES DUE 2011 (REDEEMABLE AT THE OPTION OF THE NOTEHOLDERS IN 1996 AND 2006) In accordance with the provisions of the notes, notice is hereby given that the rate of interest for the
      211 words
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      Page 17 Advertisements Column 2
      358 17 Keep your investment decisions on target CHARTPOINT Every Saturday in IT» weekly Personal Ml- S% I 0 rAN~DPPORR)NITY IN THE LAURENTIANSr OF QUEBEC PROVINCE, CANADA CXiebec's excellent reputation In the tourist industry is recognised a the world over. You will be enchanted by the beauty of its many I attractions.
      358 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      24 17 ■remo I by Martell j 7&CP C 3. /'P&VUCV 6f£-,77/sW&, M3&*£U-- r& efWAeaeP, r7/trWA/££Ce£> A AWMtc/ t c.3.Saera£ /Z&rW/HOt&L*/... g&zSSsgK. i I 1 swMmt,n
      24 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      843 20 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Boon Tong of Blk 218, #01-307 Bukit Batok -St 21 Singapore (2365), have applied for a "Wholesale Liquor Shop licence in respect of premises at M/s Euraco Finefood Pte Ltd at 43, Keppel Road Singapore (0409) and that this application will be
      843 words
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      Page 20 Advertisements Column 2
      315 20 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF MINXAN PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of Members of MINXAN PRIVATE LIMITED duly convened and held at 150 Cecil Street #10-02 Wing On Life Building, Singapore 0106, on 20th October 1989,
      315 words
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      Page 20 Advertisements Column 3
      18 20 The Naw Zealand and Bangkok markets were doaed yesterday. Managers must manage. BT shows you how every Monday.
      18 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      65 21 Sometimes what you dont know can hurt you. r f t 114 re^van US KSS *mu-ups, M you the right mo«s. BHjB m m Penned by some of the region s best writers, our magazine will set your heart and mind racing. flß\ s S»»t®'V f Wto*L\\t N Our business,
      65 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      37 21 OLLAR$ AND NON$EN$] Sssii > f! i" '"a! XJ ii iJ ii x" 7 Y ii:#ik I dffll \L: liioS r J V Mi IIO 'I'd like to talk to the warden about rescheduling my debt to society."
      37 words
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  • Article, Illustration
    Day of wide-ranging discussions
    580 22  -  ANGRY WORDS OVER UK STATEMENT ON SOUTH AFRICA By JOHN THOMAS THE COMMONWEALTH HEADS of Government Meeting rounded off its sessions yesterdsy after discussing sn array of economic concerns without announcing any new decisions or issuing any calls. CHOGM officials said that the day's meeting, which
    580 words
  • Article, Illustration
    Next summit to be held in Zimbabwe
    296 22  -  By LOH HUI YIN,JOHN THOMAS IN A STRONG SHOW of solidarity with the African frontline states over the South Africa problem. Commonwealth leaders have agreed to hold their next summit in Zimbabwe instead of Malta. Maltese Prime Minister Edward Fenech-Adami told BT that
    296 words
  • Article
    Leaders to assure HK of their support
    287 22  -  By Loh Hui Yin HONGKONG, which sent two lobby groups to press its case at the Commonwealth Heads of Government Meeting, will be assured by the Commonwealth heads that they want to see the British colony remain an international trading and financial centre.
    287 words
  • Article
    Lock icon General rejects Taif accord, puts army on alert
    181 22 AP CHRISTIAN army commander General Michel Aoun put hia forcea on alert yesterday, hours after he rejected a power-shar-ing accord voted by parliament that aimed at ending Lebanon's civil war. The accord, approved by a special session of the Lebanese parliament in
    AP  -  181 words
  • Article
    Lock icon Japan looks set to discuss US trading charges
    330 22 Reuter JAPAN and the US appear to have finally come up with a way to discuss in detail Washington's charges of unfair Japanese trading practices. Japanese officials said yesterday that experts from both sides would probably meet late next month or in
    Reuter  -  330 words
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    Lock icon Japan to resume cultural talks with China
    224 22 AFP JAPAN has taken another step in the slow process of normalising ties with China, broken after the crackdown by Chinese troops on pro-democracy protests in June. Japan's Foreign Ministry said at the end of last week that it was prepared to send
    AFP  -  224 words
  • Article
    Lock icon Khmer Rouge claims major military victory
    246 22 AFP KHMER ROUGE guerillas yesterday claimed to have captured the western gemmining centre of Pailin from the Vietnam-backed Cambodian government in what would be a major development in Cambodia's war. "Our forces attacked and completely liberated the township of Pailin," the Khmer Rouge's clandestine
    AFP  -  246 words
  • Article
    Lock icon Soviet economist warns of plot to overthrow Gorbachev
    566 22 Reuter, AP A RAOICAL Soviet economist has warned of a plot to topple Kremlin chief Mikhail Gorbachev and painted a grim picture of what life would be like under Politburo conservatives led by Yegor Ligachev. Tatyana Koryagina, a member of a government
    Reuter,; AP  -  566 words
  • Article
    Lock icon Comex silver
    93 22 Reuter COMEX SILVER FUTURES slid in slow early trading yesterday as floor brokers predicted a quiet day with no economic indicators due to be released to shake the currencies or the metals. The dollar was stuck in a narrow range amid featureless activity. Traders said there were no
    Reuter  -  93 words
  • LATE FILE
    • Article
      Lock icon Chinese pull back to Viet border
      66 22 AFP CHINESE FORCES have pulled back to the border from some positions they bed occupied in northern Vietnam since the Sino-Vietnamese war of 1979. "China two weeks ago evacuated poeitions that it had occupied in the province of Ha Tuyen at a depth of
      AFP  -  66 words
    • Article
      Lock icon Philippine venue for US-bases talks
      63 22 AFP PRESIDENT Corazon Aquino said yesterday she preferred the forthcoming talks on the US bases in the Philippines to be held in her country. She told reporters that Washington and Manila had not decided on the venue of the talks, due to start in December,
      AFP  -  63 words
    • Article
      Lock icon Queensland polls set for Dec 2
      55 22 AFP QUEENSLAND Premier Russell Cooper yesterday named Dec 2 as the date for a state election which could end 32 unbroken years of government by his feuding National Party. Mr Cooper last month toppled Mike Ahem as premier In a bid to revive the
      AFP  -  55 words
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      Lock icon Private business in S Africa
      51 22 AFP WALTER SISULU, the former sscrstsry-gsnsrsl of the banned African National Congress. believes privsts enterprise has a pi see in s future South Africa. The South African Press Associstion reported yestsrdsy that Mr Sisulu, 77, reitersted on Sunday the ANC'S commitment to S mixsd economy.
      AFP  -  51 words
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      Lock icon PNG gets tough with landowners
      39 22 AFP PAPUA NEW GUINEA Prime Minister Rabble Namaliu said in Kusls Lumpur yestsrdsy his government had told security forces to uss "every means at their disposal" to "nsutrsliss" militant landownsrs on Bougsinvills Island. AFP
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      75 22 TURNFELDS PTE LTD /iss-jW <5* U#-="ss sV 55 S I s s* f m J"* 5- N *Us I INVESTORS RETAILERS Don't miss an opportunity to own 7 Freehold Retail outlets in Lucky Far East Plazas. 3,000 SQUARE FEET (Total Area) Ideal Locations. Return on investment of approximately 8% per
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      Page 22 Advertisements Column 2
      10 22 Fundamental change* the key to solving US-Japan deficit, PAQE 11
      10 words
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      7 22 New weapons for Cambodian guerillas, PAGE 4
      7 words
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      Page 22 Advertisements Column 4
      194 22 Stories on Eastern Europe, PAGE 4 US finds Gorbachev Is lor rssl', PAGE 13 The gold report was not •uellaKla avsiiaDf# H prwse-umw REDISCOVER THE ART OF OPEN-FIRE CUISINE. THE ORIENTAL SINGAPORE Opcn-firc cooking is a skill that has been all but lost to modern man. But at Fourchettes Grillroom,
      194 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Worldport LA's Resnick resigns
        94 23 PORT OF LOS ANQELES marketing director Steven Paul Resnick has resigned and will be leaving the post on Dec 31, 1989. Mr Resnick cited personal business pursuits as the reason for his resignation. A successor has not been named, said the port's executive director, Mr Ezunial
        94 words
      • Article
        Lock icon Soviets still seeking grain tonnage
        75 23 Reuter THE SOVIET UNION is still seeking tonnage to carry grain from the US, confirming rumours on the Baltic International Freight Futures Exchange last week, Soviet charterers said in London. "We've never really left," one charterer said. The Soviets are looking for November handy sized
        Reuter  -  75 words
      • Article
        Lock icon Australia agrees to steel quotas
        103 23 Reuter AUSTRALIA HAS ACCEPTED new quotas on steel shipments to the United States that will allow major increases in exports over the next two and one-half years. The new quotas, following five years of quotas that ended last month, were announced by Australian Trade Negotiations
        Reuter  -  103 words
      • Article
        Lock icon Tankers gutted in Karachi fire
        72 23 AFP SEVERAL OIL TANKERS have been gutted in a huge fire on Sunday at an oil terminal in Karachi port, the official Associated Press of Pakistan (APP) reported. A large area of the Keamari terminal was engulfed in smoke, the agency aaid, adding that over
        AFP  -  72 words
      • Article
        Lock icon Norwegian vessel seized
        94 23 AFP A NORWEGIAN VESSEL, the Americana, has been impounded on suspicion of dumping toxic waste within the territorial waters of Sierra Leone, police said in Freetown. The captain of the vessel was undergoing police interrogation. The government of the west African state recently stated that a vessel
        AFP  -  94 words
    • Article
      Charter rates soar with heavy demand for VLCCs
      195 23 HEAVY DEMAND for very large crude carriers from the major crude oil importers have sent charter rates soaring in the last week. At least 10 VLCCs were reported fixed from the Middle East last week in the Worldscale 70-60 range, compared with
      195 words
    • Article
      Index to advertisers
      905 23 Poge Column ABC Contoinarlina Elavan 5 Accord Shpg Eight 3/4 Albotros Sao-Air Savan 5 A PC Una Savan 5 API five 3-5 Arrow Unas B*v*n 5 Asian Express Tan 2/3 AMI Thraa 1/2 ASCI Fiva I Bolt Conodo Una Nina 4/5 Bolt Ortant Una Nina 4/5 Boltic
      905 words
    • Article
      Ex-customs official on corruption charge
      312 23 A RETIRED official of the Tanjung Priok customs and excise office was charged last week with corruption and manipulating export certificates, leading to losses of over Rp 43.3 billion by the state. Jakarta Post reported that Menyok Wiyono, 56, allegedly allowed businessmen to use falsified
      312 words
    • Article
      Evergreen to expand reefer network worldwide
      279 23 TAIWANESE container giant Evergreen is not only stepping up its reefer presence in the transPacific but is also eager to gain a foothold in European trades. The carrier has ordered 500 more hi-cube refrigerated containers to supplement its current pool of 850 boxes in
      279 words
    • Article, Illustration
      NOL buys its first European office building for S$5m
      483 23  -  COMPANY ALSO SAID TO HAVE BOUGHT A BUILDING IN THE US By RAHITA ELIAS NATIONAL CARRIER Neptune Orient Lines (NOL) has acquired its first office building in Europe for over Sss million. Shipping Times understands that the company has also bought
      483 words
    • Article
      Pelkon now accessible to port users
      234 23  -  By ZULKIFLI ALWI THE PENANG port commission (PPC) has extended its computerised container control and information system to port users. The users container operators, shipping agents and hauliers can now access the system, called Pelkon, for enquiry and data entry. A PPC spokesman said
      234 words
    • Article
      Lock icon Meet on shipping in the 1990s
      69 23 Bernama INSTITUT KELAUTAN Malaysia (Ikmal) and Consembition Jaya Sdn Bhd will jointly organise a two-day conference on "Shipping in the *****" to begin on Nov 21. Many issues affecting shipping and shore-based industries will be discussed. Shipowners, charterers, shipping professionals, exporters, manufacturer, entrepreneurs, traders,
      Bernama  -  69 words
    • Article, Illustration
      AESC seeks advice to challenge Canberra's action
      1289 24  -  By JOHN SPIERS THE AUSTRALIA to Europe Shipping Conference (AESC) is seeking legal advice on whether it can challenge the Australian government's last minute move to prevent it imposing congestion surcharges on the Port of Sydney. A public inquiry into the "appropriateness" of
      1,289 words
    • Article
      Lock icon Tanker rates
      196 24 AFP TANKERS RATES surged over the past week in the Middle East Gulf, as charterers' demand outstripped the supply of tonnage, London brokers E A Gibson said. Approximately 26 VLCCs and ULCCs (very large and ultra large crude carriers, over 200,000 tonnes) were absorbed last week in the
      AFP  -  196 words
    • Article
      Lock icon Cyprus to add two million tons to shipping register, says official
      302 24 AFP CYPRUS, which has the world's third largest merchant fleet, has won commitments from shipping companies expected to add some two million tons or more than 10 per cent to its register, an official said on Friday. Presidential shipping
      AFP  -  302 words
    • Article
      Lock icon US police seize marijuana from vessel
      188 24 AP US POLICE and federal drug agents seized two tonnes of Philippine-grown marijuana and US$l.5 million cash, stopping what they believe was an attempt to start a smuggling pipeline between Manila and Los Angeles. The street value of the marijuana was estimated at US$l4
      AP  -  188 words
    • Article
      Container schedules/Ships in port
      1838 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtaln«r Schoduloo Blk Op Gdn Date/Tim* Tlm« From Tlmo To Booking Goto Ad Gondnrov 205*9 26 1089 0700 7*17X0 2A/2BOO Doc *m 2 N3 00 (01 25*3545 25*3615 NA 2 AJ Ahaotfioh 598 *****9 0700
      1,838 words
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      Lock icon US tanker stocks rise on freight rate increases: analysts
      223 25 Reuter SHARES IN US bulk cargo and oil tanker companies rose on recent rate increases for very large crude carriers (VLCCs) and an attractive demand outlook for bulk and crude carriers, analysts and traders said in New York. They cited very
      Reuter  -  223 words
    • Article
      London Freights
      775 25 THE BALTIC Freight Index on Friday jumped another 39 points to 1,593 after a further rise in freight rate levels were reported for the key grain routes from the US, brokers said. Grain from the Mississippi to Holland was booked at US$l5, lifting its Baltic sub-index to that
      775 words
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      45 23 "The Illustrated Encyclopedia of WHdlife" Fortnightly bookshops m'trs-sfawrfs^j •TP Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Vi%a Shipping Association. V;w^*y For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      45 words
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      Page 23 Advertisements Column 2
      3 23 See Page Three
      3 words
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      Page 23 Advertisements Column 3
      247 23 A lively MSSSBSEmi ■HIIHaSSB way with MS words mat*** Atmambh at *a good bookshops —r m floral Ik ■t| 'tOffil KUDiIC#TK>n» Shipping to Australia? AN RO NOW, INCREASED CABVCITY TO AUSTRALI A aPUb K JFW kok I EAST COAST SERVICE PENANGdBkt^ kelanMJSI tMMM 4 Y V The Australian National Line
      247 words
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      Page 23 Advertisements Column 4
      122 23 INSIDE 'ijßpl XH'flft: &Ktm. AESC seeks legal advice THE AUSTRALIA to Europe Shipping Conference (AESC) is seeking legal advice on whether it can challenge the Australian government's last minute move to prevent it imposing congestion surcharges on the Port of Sydney. PAGE N US tanker stocks rise SHARES IN US
      122 words
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      144 24 not Si Regioiwl Wealhw SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. OCT 24, 1969 LEGEND R Thunderstorm Temperature C Weather -V Wind direct ion with speed m knots y Shower M Rcwl Wove height Cloudy Sky Sortoce winds ore indxoted by which Wy with the *«d One tuff circle
      144 words
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      1676 25 illllt ctSSSS »U«Spomt. S.nppo* OCT A»ll#r Tel *****11 TELEX NO *S ***** rcsai sk-"» Ucdlcotcd to Cjuglity BjffiWfja IMPORT EXPORT ytroiVQTACt IUM CH* I NfK I NYC HEX VESSEL/VOYACE LH I CHA NPK —_NTC—J** NEPTUNE JADE S 11/ l 27S W IH W M NEPTUNE JAM 21 !Si T Tl
      1,676 words
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      Page 25 Advertisements Column 2
      2302 25 v voy etp p n n9 TMa »»»> Mathilda M Closing Tim* FmOk by 24/10 0400 HAS M Fare© I CFS 23/10 MOO HAS M Tauro OAK LOB HOU MEM ATI MIA CHS BAL PHL MYC MOW TOA MATHILDE M >802 In Pt 25/10 SW |SM 11/11 13/11 IVII 18/11
      2,302 words
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      1149 26 r rotteroamTl VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LARGS BAY 17/599 25/10 27/10 14/11 18/11 18/11 Wll 21/11 CITY Of EDINBURGH 88/505 28/10 20/11 14/11 16/11 13/11 LONDON EXPRESS 08/581 1/11 3/11 21/11 23/11 25/11 26/11 28/11 KASUGA 1 06/507 2/11 28/11 22/11 24/11
      1,149 words
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      Page 26 Advertisements Column 2
      493 26 BHBiIipMIiMIIiIiMIIIIHMHBI i NORTHBOUND TO UKC TPOtC RDM/ADAM HK NULL (U.K.) IVY BANK V-2SN Ml 4/12 102 13/12 TAUSALA SAMOA V ltN VU 5/1 MM 14/1 CI VDCBANK V-27N igj 2S/1 5/1 0 •<um «MH>n ro. a 9QVTH g QVHD TO PAPUA MEW gg 1. (ASIA-SOUTH PACIFIC JOINT SERVICE) I VOKI
      493 words
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      Page 26 Advertisements Column 3
      1199 26 El 99&&8WM am j REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE y VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA B) HAM) ROT) NORASIA SHARJAH 8931-3 27/10 31/10 13/11 18/11 20/11 23/11 25/11 21/11 Z7/11 2lfU 2S/U NORASIA MUBARAK M 32-3 301 701
      1,199 words
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  • Page 27 Advertisements
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      1432 27 w- p&o in STRAITS SHIPPING g Containers m gJ** p r."- [STlsss'sa j-ss l| uMMMoncs MAi urn am a/u aoi aju an} rajah brooke V24E auara. Lak, kk aoct i iu 2S SS Si 2S «S KRIS MELELA V24E Kuch. Skan. Taw l»• »Oct I I 2S WW am aw
      1,432 words
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      Page 27 Advertisements Column 2
      1108 27 ;,|f ir, 11" I SPORE MK RAO Ml SP IM BOH HAM MK FU CHOYANC PMK 004 C 30/10 (B/U 03/11 OOfll NJIN lEHAVHE 004W Olfll 22/11 Wl *JW HANJIN OAKLAND 0041 «/U «fll lflfll llftl NJIN HASAN OSIW W W WJ Jg W CHOYANC SUCCESS OOSC 13/11 1«A1 IW
      1,108 words
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      Page 27 Advertisements Column 3
      355 27 STINTS/ JAPAN/ STRAITS SEMICI I SPECIALIST IN RO-RO A HEAVY LIFTS /ESSEL ASIAN KOGGEGRACHT AMBALIKA I CLIPPER I /OY NO 119 5 52 I Sport Sailod 3/11 9/11 I P. Ktlang C/U 13/U I Ponang I Kong Kong 1 Yokohama 29/11 I Nagoya 27/11 I Osaka I Sonboku 23/11 I
      355 words
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      Page 28 Advertisements Column 1
      776 28 ftlft IM+nZTmTncm Sinppor* Loading for:- IRAN MCELAD PJL 7U Sailad BANDAR ABBAS I IRAN TIYfOORI PA 722 Sailad BANDAR ABBAS OUAM/BAIF fffinvr mVTCT (B/BULK COMTAMER) ETA SPORE GUAM SAIPAN jMBF V 2 1-2 NOV IS NOV U NOV 'ffAlKir V 3 S NOV MKC UDEC "MICRONESIA PORTS DIRECT CALLS SUBJECT
      776 words
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      Page 28 Advertisements Column 2
      656 28 Cm)hanjin shipping FULL CONTAINER SERVICE ri—SL 25 25 as&snr usi si ts «K »i sssrxs US! W W «u HANJIN OAKLAND MSN 25/11 13/U 14/U 15/12 17/U 11/12 mTp AT rpartl ILKmb KaaMMg Mka Yafea Bwaa nou VBL <M LMt HAUL n CHOYANG ***** 808E WO 2/U 3/11 l/U 7/U
      656 words
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      Page 28 Advertisements Column 3
      187 28 GUANGZHOU MARITIME *g!9 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 E.T.A. VOV HKC WH M/V TAI BAO S~m 23/10 OS/H «fll Wll 2S/11 M/V SIN BAO l/g 15/11 gffl 30/11 01/12
      187 words
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      Page 28 Advertisements Column 4
      1628 28 PKL SBP NM KM KLfi PUS NKT MK TV* Mi li» AM BH M N MP SSSSS -a S!BSluSumlSl!lmi'S'"»T'S'TS| SSSK? *S«€ffi^je I ®SSJSS!!iiS!SSS2!£| IYER GOLDEN *12 VU IVUUJUIVUWUMUiUUWUIIfI M HA 1/2 2/2 VI SI I ALSO ACCEPTING CAMO TO I i) provwence. rbmrk. savannah. bottom munMu. mnu. jacrsomiue. d momtreal.
      1,628 words
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  • Page 29 Advertisements
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      1169 29 SSSgPff PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 [fareast z I I VESSEL VOY SIN XT MY VOY HKQ YOK MOO KOB MAJAPAHfT 4MB SLD SLD MPT WW 1/11 7/11 Vll 0/11 J*" 1 I* 11 QOWA 4088 MAO 2/11 4/11 SONS
      1,169 words
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      Page 29 Advertisements Column 2
      628 29 S TOM t lUAM STOW HAH »MAW* tDAM HAVKI I Ur|> by MM 77/10 Ml U/U *11 Ml Ml V Crty <rf UMturi* Aio Ml W1 Wl IW «u I lon** Ei*r«u 1/U l/U SfU W IVU »U Wl I im<w i z/ii siu iiu aiu »i mi I •our
      628 words
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      Page 29 Advertisements Column 3
      369 29 I DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. SESURI LLOYD P.T. SAMUDEM INDONESIA P.T. THKMA LLOYD r una* mm mtmummmea mrnrm w hmtT MV. KUTAI VOY 18 WB (FAST TRANSIT) ETA STORE n OCT ETO Ifll ETA A DAM,* DAM 25 NOV (24 DAYS) ETA irSgjwnKN 29
      369 words
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      Page 29 Advertisements Column 4
      474 29 tea MYANMA \«5Sk FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) Spore P.K«Un( Panang Bangkok •HPA-AN VI4SW 25/21 Oct PAGAN VI47W «21 Oct PATHEIN Vf7 28/77 Oct •WSCM ONLY THE BANK LINE I EXPRESS TO PAPUA NEW CUIHEA I COLUMBUS SINGAPORE V2S ISl? MORAYBANK VMS mi (CALLING KMK
      474 words
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      1170 30 w^^^MW^^B^^^^lWHßWHMßßlßißßWililWßil^^^^W mI ttUSUfI VOV *INOO *PK/PNG [~SGP LB CHLS NFK NYC HFX I NEPTUNE MM 21 2300 24f10 26/10 1«01 2S/H 30/11 2/12 602 00CL FORTUNE 1730/1031/10 2/11 25/11 5/12 7/12 Wl2 13/12 rH AMBASSADOR BRIDGE 2SC/U7/U B/ll 2/12 12/12 14/12 IC/12 20/12 NEPTUNE GARNET O 13/11 14fll 15/11 9/12
      1,170 words
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      Page 30 Advertisements Column 2
      682 30 3 EXPRESS CONTAINER SERVICE Accepting FCUfCt CohWmw Sowoii PJUte« FWh Latent Nr. Matter V* Br Faade Faafer TULSIOAS *44 30 Oct 24 Oct 24 Oct Fraa*iaM»te/Atel KALIOAS».« 3OK 27 Na» 27 MM FrM*Ntifl»te<«ite TULSIOAS V 45 16 Ok 10 Dk 10 Ok Fran*Mk/Syte/A*l KALIOAS V.47 14 Jm IllM Din rmnfiUktSr+lM*
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      Page 30 Advertisements Column 3
      573 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD N 23 Ttto* A,tr Strart SINCAPOtF 0104 TIL U43W (10 LINES) Fi. *****04 STRAITS/PERSIAN GULF SERVICE: Spor. P Kate* Perm QING FENG 2 KancMMm/Kuote la Part GOLDEN tiONOU ColomlxyKaracfe/Dutei 3*31 Oct CHINA SERVICE GUAM SMUI luanfpu Shanftui 22 Oct OAJ TUN SMAN Hyangpu
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      Page 30 Advertisements Column 4
      687 30 lßsfßsrwranraraßs^i VESSEL |ETA SINGAPORE DESTINATION I TBN 22/11, 3V» OUBAJ, DAMMAN KUWAIT, I DOHA. MUSCAT BAHRAIN I ABU (MAM A SHARJAM f TBN 25/10. VU JEOOAM (LCL) MEEKLY I AQABA. HOOEIDAH I TBN 27(10, 4/11 H.KONG, KOBE, TOKYO, KEELUWC, Z VU KAOHSIUNG. MANILA BANGKOK. I BUSAN. JAKARTA Si 21/10,21/10 colorbo.
      687 words
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      Page 31 Advertisements Column 1
      993 31 S(we NEPTUNE AGEMCES PTE. LTD. ,OF- S B=l %ife4, NUL a» ssar sra g 2790U 9 275K16 ,crno.lX™OZ NEPTUNE b TO-EUROPE UK {VIA SUEZ) rHOM EUROPE/ UK (VIA SUEZ) IV-aUnUrii I VIA ru rdmham scrn>« vsl/voy sgp pegttoi if lIMF. ***** lis- *****11 111 Perk**a 048 28/11 30/11 01/12 NornuuidM
      993 words
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      Page 31 Advertisements Column 2
      804 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD Z SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 m Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** 2 PENANC P. KELANC MESSRS MAI THONC SNIPPING 127 PananaStraat. Ptntof, Mrttyiu M/S HANDLING SYSTEM
      804 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      655 32 rage aen II INTEGRATED CONTAINER SERVICE I MEBBCR Of EACON SERVICE I I TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE II OUTBOUND SIN ICA ANT Mi HIQ »W I mw m 28/10 MAI W 1 M/ll MAI I w. mmicMT ip urn 3»fu wu ma 11/12 miu I lIT. VENOA
      655 words
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      Page 32 Advertisements Column 2
      748 32 VESSEL SPORE J* PNC BEL LOACTWC FOR I LIRA I S NOV I HOY 10 NOV 12 HO* Atoundf* B«r«t/Tripofc, I Hhnai. p. SMd. LonraoL M UttiU. o«nftv IHiwbul, Smi HRVATSKA 10 NOV 13 HOV 15 HOV Rop«. T itnKM I PRIMONJE SM M OCT 21 OCT X OCT EJSt
      748 words
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      Page 32 Advertisements Column 3
      132 32 nonterml jj GUARANTEED WEEKLY CONSOL S TO/FROM: JJ SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH SI EUROPE HAMBURG, ROTTERDAM Ul ANTWERP Also provide Transshipment, Door-to-Door Factory f Handling Services CONTERM FREIGHT (F.E.) PTE LTD. B'PORE TEL: *****33 PAX: *****01 P P. KELANQ TEL: 03-*****07 PAX: 03-*****71 1 MANILA FULL CONTAINER
      132 words
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      Page 32 Advertisements Column 4
      469 32 AST DIRECT REGULAR SERVICE TO I NDONESIA PORT PADANG/PK. BALAM iEMARANG/PANJANG/CIGADING/ 3ENGKULU SL ETA ETD LOADING F0« €LI INDAH 25.10.89 26.10.89 PANJAN6/PK. BALAM lA6A JAYA 25.10.89 26.10.89 PANJANG AMPUNG JAYA 24.10.89 26.10.89 SEMARANG/PANJAN6 I HANG JAYA 2810.89 29.10.89 PANJAN6/PK. BALAM {RITA JAYA 30.10.89 31.10.89 PAN JANG/ JAKARTA iBADI JAYA 27.10J9
      469 words
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      Page 32 Advertisements Column 5
      679 32 [asea^OßT^^^^l I BANGKOK sailings a week I I Ngow Hock Agency Co Ltd BKK (Tel: *****80) I I I vtssa Ivor mmmm gggggK I I jPIYA BHUM MWI W* ZVM Srt Mfi» I I I JEW LINK law Tlwr HfU Sm gg» I II qua mm «m m vp» mm
      679 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      984 33 smrrinu luvuio, lueauay, wmwt *t, igog I VESSEL VOY SINGAPORE KHF/WJBAI KARACHI 1 LANKA SRIMATHI 71W 03/11 14/11 I LANKA SIRI 130W 06/11 I LANKA SIRI 131W 22/11 I LANKA SRIMANI 72W 03/12 15/12 I ALSO ACCEPTING CARGO (FCL/LCL) FOR: I A) INtMAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY
      984 words
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      Page 33 Advertisements Column 2
      346 33 f r;: i A ETHIOPIAN SNIPPING UNE (National Lino of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKQ ETA LOADING F<* NtTSANCT SW** 6 OAHCSSALAAM. MQMBA3* CUMO*/" ASSAB MASSAWA MOOCIDAH ««?U2IeT Vll OARtSSALAAM MOM«ASA. OJ»OUTI assabmama** moocoam J£lv22» 38/12 DABESSALAAM MOMBASA. DJBOOTI amJTmassa"* hoocioah '^^^thorportsalongth^out^worliabl^^nducemen^^ j g MIEN HUNG LINE FULLY CONTAINERISED
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      1082 33 CRYSTAL FHEIGHTI F Lf3 SERVICES PTE LTD Vt TEL: *****88/*****22 C 1 T HONGKONG/ CHINA 27/10 30/10 J; BANGKOK 20/10 30/10 S P. KELANG/PENANG 27/10 A 3/11 C BUBAN 20/10 A 2/11 T KEELUNG/KAOHBIUNG 20/10 A 9/11 1 MANILA 30/10 A 0/11 L JAKARTA 20/10 A 4/11 c SYDNEY/MELBOURNE 20/10
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      Page 33 Advertisements Column 4
      387 33 BAY OF BENGAL SERVICES fESSELS WV SIM AAA CAL CB» IALABAR 78CNB 29/10 4/11 riGER BAY 85N 29/10 5/11 LEUVE 9113 30/10 4/11 8/11 SUSAK 86N 4/11 11/11 CALABAR 79CNB 12/11 18/11 TIGER BAY 87N 12/11 19/11 LEUVE 9114 15/11 20/11 24/11 SUSAK 88N 17/11 24/11 SMGAPORE MADRAS SHUTTLE SAJLMGS
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      157 33 J WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! H V yj NEXT VESSEL: TNT EXPRESS V235H E"' 1 ETA 16/11/89 L' 3 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN V»l Ufa Hi Maw AM fagfcr liw fgw TUT
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      1140 34 lAuvimvu MTOfflfßl merchant marine co. v ltd. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW L»*l OAK StA HKG SIN HYUNDAI PIONEER 27E 27/10 02fll 20/U 24/11 20/U HYUNDAI EXPLORER 2» 2*oo 20*0 01/10 WJ® JW* LALANOIA 27E 03/U 01/11 27/11 30/11 Ofl2
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      947 34 I to JE CONTAINER LINE) TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POBT KELANC 27/11 ft VU I MANILA i 3*W PCNANC 27 10 ft 1/11 SUSAN 2C/1A ft iftl •ANGKOR 24/10 ft 21/10 TOKYO *1* ft Ifll HONGKONG 24 .C ft a/10
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      632 34 y^j r »r pwc pw- rnmmvm* v* SM la* QSZ mou DM CM/ hoi a wrt" -i SERVICE CALLS! mmca auTAwc 7ii n/n AUjtATot wcToat VJ4P4 am arai Iyir~ n/u~ a/u~ nni~ nof" am~ TUT j SINGAPORE out* tuTMK »jw ana aujoatwi won yjop? wiaupiuanaiiaiuwiiw uu DIRECT EVERY aUWO> aUT—6
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Untitled
      325 35  - By LILIAN ANG Despite New York's Friday the 13th crash, property shares on the local stock exchange, which took a heavy beating the following Monday, have bounced back quite well. The share market, which is mainly property-driven, seems to have withstood the shock much better this time than it did
      Graphics by Ben Cruz  -  325 words
    • Article, Illustration
      Foreigners making waves here
      1508 36  -  By LEE HAN SHIH, Property Correspondent FOREIGNERS are making waves in Singapore's property market. In the past 'year, more than a dozen transactions totalling billions of dollars involved groupe outside of Singapore. The single biggest property deal ever in the local property market, the $690 million
      1,508 words
    • Article
      Japanese warehouse operators spreading their wings in South-east Asia
      808 36  -  ■*r Lee Han Shih HOT ON THE HEELS of the Japanese traders and manufacturers, and sometimes ahead of them, the Japanese warehouse operators are also spreading their wings in South-east Asia. While some are simply expanding their existing capacity, others are
      808 words
    • Article, Illustration
      Lock icon Local market: today and tomorrow
      1829 37  -  By EDMUND TIE, By EDMUND TIE, Managing Director, Jones Lang Wootton THE TECHNICAL fundamentals supporting the property market's buoyancy in the first nine months of 1989 have not changed. Growth forecast for the year has been revised upwards to between 7.5 per cent and 8.5
      Source: JLW Research  -  1,829 words
    • Article, Illustration
      Building on a solid foundation
      618 38 REDAS CELEBRATES ITS 30th ANNIVERSARY IN THE LATE *****, when the business potential of developed properties became apparent, many companies Jumped onto the bandwagon. To safeguard the interests of the industry and the public, a group of developers got together to initiate the formation of
      618 words
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      Going from strength to strength
      1016 38 The Real Estate Developers' Association of Singapore celebrates its thirtieth anniversary this year. And as it does so, the association takes a long hard look at the local property scene and discusses the role it will play in the 21 st Century. THE STRONG PERFORMANCE
      1,016 words
    • Article, Illustration
      What's brewing?
      3152 40  -  About a dozen companies or groups now dominate the Singapore property market. They are a diverse lot. Hong Leong and Far East Organisation are the old guard. Then there's United Industrial Corporation and Hotel Properties, the young turks. The relatively new entrants, run by professional teams and with
      3,152 words
    • Article
      Planning misunderstood
      1185 42 In September this year, a revised development charge system was introduced. Jeffrey heng, Director and Group Property Manager of Parkway Holdings, argues in favour of the valuation method and discusses some of the problems of the new fixed rates system. THE recant review of the development charge system
      1,185 words
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      Foreign buyers showing keen interest in S'pore
      1008 43  -  The 1980s saw a new aspect of the still immature local property scene emerging the investment market. We trace the development of this market and identify the main investors. By LOW FATT ONN, By LOW FATT ONN, Executive Director, Investment Sales Division, Jones
      1,008 words
    • Article, Illustration
      Pidemco — infant company set to make an impact
      698 44 Pidemco infant company set to make an impact As it settles into its role in property investment, development and estate management, Pidemco Land looks set to make an impact on the local property scene. We profile the company and reveal some of its plans. PIDEMCO LAND, with property assets of
      698 words
    • Article, Illustration
      Lock icon Strong demand continues
      970 45  -  By RICKIE TANG, Deputy Managing Director, Debenham Tewson City Valuers FOR THE PAST NINE MONTHS, the prices of freehold industrial properties have increased 30 per cent to 40 per cent across the board. Prices of prime industrial space in good locations and with ideal building features have
      Source: Debenham Tewson & City Valuers  -  970 words
    • Article, Illustration
      The new players along Orchard Road
      1099 46  -  By FRANCIS LIM By FRANCIS UM, Director. Knight Frank Cheong Hock Chye Baillieu ORCHARD ROAD has transformed rapidly over the last 10 years. The low-scale shophouses that once lined both sides of the road have been replaced by a new street-scape of shops, offices
      1,099 words
    • Article
      Changing patterns of Japanese stores
      313 46  -  By Lim Lan Yuan, hoot of Building and Estate Management, NUS THE RETAIL industry in Jspsn has undergone some structural chsnges over the last few decades. There is now an increase in the number of super-stores, depsrtment stores snd specislty shops /eplecing the traditional retail
      313 words
    • Article, Illustration
      Undervalued
      1104 47  -  The signs are fairly clear that Singapore's commercial property market enjoys excellent long-term prospects. The good, albeit limited, investment opportunities exist and are recognised by institutional investors, especially the Japanese. DAVID LAWRENCE, Managing Director of Richard EHis, however, discerns a lack of awareness, in particular among the Europeans, of
      1,104 words
    • Article, Illustration
      The customer shall still be king
      1385 48  -  Outstanding housing loans granted by financial institutions grew by $1.3 billion in the 18-month period ending June 1989, a result of aggressive marketing by the commercial banks. But with private residential prices near those of the previous peak, the lenders are getting cold feet,
      1,385 words
    • Article, Illustration
      A very bullish situation
      1404 49  -  By v WILLY SHEE, By WILLY SHEE, Executive Director, Richard Ellis (Pte) Ltd THIS HAS BEEN an excellent ypmr for the residential property market Prices in prime locations |hot up by 30 per cent to 50 per cent and are expected to rise by I further
      1,404 words
    • Article, Illustration
      If you're going to Tanjong Pagar ...
      969 50  - If you're going to Tanjong Pagar Tanjong Pagar. The name evokes images of a bustling, thriving district of days gone by. Today, a conservation project by the government has transformed it into a potential tourist attraction. Two tenants say why they chose to set up shop there. CHANG CHAN FONG,
      969 words
    • Article, Illustration
      Where tradition and art are alive and well
      419 50 THE SUCCESS of conservation hinges, to a great extent, on the initiative of the private sector. After the buildings are restored, they must be occupied by tenants who can operate their enterprises profitably. Two enterprising people discuss why they have chosen their
      419 words
    • Article, Illustration
      The Yonzenso way to develop Japan by year 2000
      1310 51  -  By LIM LAN YUAN, School of Building and Estate Management, National University of Singapore JAPAN comprises four main islands Hokkaido, Honshu, Shikoku and Kyushu and about 3900 adjacent small islands. Their combined area is 377,835 sq km slightly more than that
      1,310 words
    • Article, Illustration
      Business in the park
      1248 53  -  There has been much talk in Singapore property circles recently about business parks. But what exactly are business perks, who are the occupiers of such buildings, and is the concept relevant to Singepore? By ROGER PARSONS, By ROGER PARSONS, Director, Knight Frank Cheong Hock Chye Balllieu
      1,248 words
    • Article, Illustration
      The right image
      695 52  -  By BOEY YIN SUM, Managing Director, Debenham Tewson City Valuers THE GOVERNMENT'S new economic thrust is to adopt a global strategy for Singapore to become a competitive total business centre. Multi-national companies, potential investors, and local high-tech industries were encouraged not only to manufacture in Singapore but
      695 words
    • Article
      The Singapore context
      708 53 Given Singapore's limited land supply, there are clearly problema associated with applying the business park concept here in its pure form. Low rise developments set in campus-style parka in exceea of 10 hectares are not practicable and, for private developers, the high coet of land makee them
      708 words
    • Article, Illustration
      Making the best out of the downturn Down Under
      1100 54 AUSTRALIA'S commercial and industrial property markets are now well into a cyclical downturn which began about a year ago. How severe this downturn will be and how prolonged will depend largely on the performance of the Australian economy. I While even
      1,100 words
    • Article, Illustration
      The secret of Scotts Road's success
      705 54  -  By TAN KEE WEE ASK ANY ANALYST why the hotels, shops, and offices along Scotts Road are doing so well and you'll be told about the strong economy and the buoyant tourist and retail trade. Ask geomancer Chong Swan Lek and he'll tell you
      705 words
    • Article, Illustration
      The quest for professionalism and quality in construction
      1402 55  -  In the last two years, several laws directly affecting contractors have been amended. CHAN KOK WAY, Executive Director of the Singapore Contractors' Association Limited looks at the changes and discusses their impact on contractors. CHAN KOK WAY, THE 1960s have been a
      1,402 words
    • Article, Illustration
      The two extremes of office renovations
      1718 56  -  By MARK BENSON, Director, Chesterton Internstional OFFICE REFURBISHMENT is often associated with two extremes. A major reconstruction of an empty building or a programme of minor alterations to an occupied building. Between theee two extremee, however, there ia considerable scope for owners to create
      1,718 words
    • Article, Illustration
      Foreigners' foray: A reason for cheer rather than fear
      701 57  -  Property pundits in Singapore predict that the local market will stay firm for a while yet. But elsewhere in the region, is the outlook as positive? Our contributors from Hongkong, Malaysia and Thailand report. MALAYSIA By DAVID C L YONG SCAN
      701 words
    • Article
      Rallying from the June setback
      934 57  -  HONGKONG By SEOW BOON SUAN, Manager, South China Brokerage Research, Hongkong PROPERTY prices and transactions in Hongkong are back on the uptrend after a setback in June and July. Prices today remain firm at about 20 per cent higher than a year ago, and may
      934 words
    • Article
      A vigorous thrust forward into 1990
      794 57  -  THAILAND By NOPAAKUL BUOYED by strong economic growth, Thailand's property scene is thrusting ahead into 1990 with vigour. But the picture could be different after 1991 when the economy is expected to slow down. Having expanded by an unprecedented 31 per cent in 1968,
      794 words
    • Article, Illustration
      Lock icon Keeping on course in the next decade
      1024 58  -  By LAM SIEW WAH, Deputy General Manager, CIDB The next decade whi begin on an optimistic not* for the construction industry. The Minister for National Devei opment, Mr S Dhanabalan, has unveiled s long-term plan for the physical development of Singapore to house
      Source: International Affairs Unit. CIDB  -  1,024 words
  • Page 35 Advertisements
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      116 35 Inside FtordfMre making wives Not just the Indonesians. Funds srs flowing from other psrts of ths Asia-Pacific Japan, Hongkong and. to a Issssr dsgrss, Taiwan and Austrsiis. Ths Canadians ars showing intarast too. Pap 2 Market movers: What's brewing? A scrutiny of ths diverse lot of companies that dominate the
      116 words
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      Page 35 Advertisements Column 2
      52 35 PLUS Development charge: Planning misunderstood, 9 Industrial: Strong demand continues, II Business in ths park, 19,19 91 Contractors and the law, 21 The two extremee of office renovatione, 22 Outlook fix regional markets MALAYSIA: Forsignsrs' presence fear or cheer? HONGKONG: Rallying from the June setback THAILANO: Vigorous thrust torwsrd into
      52 words
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      Page 35 Advertisements Column 3
      235 35 No wonder they call us the Achievers. l ee Ssltei^^^SSk^^L*tiS^v*i y JMflm iaiaSll^^^M^^^ In today's achievement-orientated society, standing by the Park, Waterfall Gardens, Ardmore Park, Casa out of the crowd is not easily executable. Particularly Jervois, Olina Lodge, Clifford Centre, 78 Shenton in the extremely competitive field of real estate.
      235 words
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      105 36 1. PRIME OFFICE SPACE #06-03 THE ARCADE Floor Area 98 sq m Tenure 999 years leasehold Selling with vacant possession 2. HENDERSON INDUSTRIAL PARK BLK G, 4TH STOREY Tenure Freehold j» Good Transportation Network j" 'ar-^ I 3. Dist. 15 Residential —Lana Secondary \o\ A For Redevelopment PaZK GARDEN Nos:
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      150 37 COLLIERS JARDINE gives your project one more specification. Success. m 111 The diverse and individually unique developments you see,here reflect the best in luxury and Muglislon View Hk.'.. I prestige in residential hoines. All of thorn however, have one common specification. Lach is WLJt Gerald Gardens asa Fkteho fiSste** I
      150 words
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      399 38 there is no sudden, painful jump when eligible CPF is used up jHHSf Hi We will even finance properties with remaining leases of less than 75 years as well as those being released from rent control. JrA yA yA FlexiPlan is flexible It's a term loan, an overdraft or a
      399 words
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      56 39 m •m Our local market expertise speaks for itself. Since 1988, Richard Ellis has sold $1.3 billion worth of property in Singapore. And leased over 1.4 million sq. ft. of prime commercial space. HllEl People Who Know Property Richard Ellis Pte Ltd. 21 CollyerQuay, #12 01 Hongkongßank Building, Singapore 0104.
      56 words
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      159 40 J IBs f i J pU? 1 V ■,jW W J H M|| E Emi I 1 ii !J aWj J[ liJ I J IHi ■Mr,.,., 1 II Si 11 i I I II ill rV I I II JOk j^l J r M ft ■<k% I ■<; H m:<
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      167 41 f 1 7^~^/i 1 i I *91 z I ■Eh w **VB ■j^ >S Jl JH »m ceramic and parquet flooring, kitchen cabinets, suburbs of Upper Bukit Timah and just minutes gas hob and electric oven. Plus, full condominium from the BKE and PIE, allowing for easy access to facilities
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      124 42 How To Get Shares In The City. Takashimaya now has equity in Ngcc Ann City. An accomplishment we arc firm, but in tandem with our clicnt as well. proud to have played a part in. Experts from our Valuation, Marketing, Research Our full range of professional real estate services include:
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  • Page 42 Miscellaneous
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      130 43 <1 THE GATEWAY 1 Si-s '.SllllSifcfeP ifegg -'r IfelSi it jg. Singapore's Premier Office Development is available for Leasing Now! On schedule for an early 1990 completion. The Gateway enjoys an unrivalled location: close to CBD, outside the restricted zone, convenient access. The Gateway. A vision for tomorrow by I.M.
      130 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      30 43 I DOLLARS AND NONSENSEI Vnt| fip'Ffl m i£g s-i'Vi-y 9 I ,iiil 1 Ivv• 1 ifI CEiLING-S j 7"": 4 1 r I >£13 FLOORS MtD much much more[ Jrypp-p:^;^,.
      30 words
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      294 44 BEFORE YOU BUY A MULTI-ROOM AIRCON, ASK YOUR DEALER THIS SIMPLE QUESTION: "CAN IT COOL MORE THAN 2 ROOMS AT THE SAME TIME?" DAI KIN Chances are he'll say yes. If he's a Daikin dealer Because only Daikin Econair has a compressor that lets you cool up to two, three,
      294 words
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      Page 44 Advertisements Column 2
      126 44 Pidemco Properties 1 Albert Complex Kallang Bahru 1 Beauty World Centre Complex Blanco Court Leonie Court Cairnhill Place Market Street I Capitol Carpark Multi- Storey Clementi Warehouse Car Park Cuppage Centre Murray Terrace i Cuppage Terrace New Bug is Street II Funan Centre Orchard Point II Golden Shoe Pearl Bank
      126 words
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      Page 45 Advertisements Column 1
      75 45 Luxurious apartments for sale in prime location Orchard Bel Air Prestigious location at Orchard Boulevard Attractive loan can be arranged Pol No restriction on foreign and Regent Hotels nwnerchin (within wallking distance c*t ion nnn of Orchard Road) rice f rom 551,180,000 Outstanding design 99 Years leasehold land 7^ For
      75 words
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      Page 45 Advertisements Column 2
      160 45 7iOW- CALL mmmm SHEU TAKE CARE OF DAY □0 CD I 1 1 New24Hour 3^=» !Sgs Loan and Information 4|" 51 D 4 Service and Approval' p* '"z&s&r* m i) v, Singapore Finance: jPjj| *****44 t*J ».2J l£J a a 0 JfZZFJ r g-1 Loan and Information 4 51 "6
      160 words
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      335 46 Florida style environment A markets and it only within 20 minutes ferry ride to EbJi Singapore. T ITT* HPJJ 2. Batam is a bonded zone with duty free status. 3. 25 years loosohold with a guaranteed first extmion WATERFRONT CITY of another 25 years. Thereafter, extension will be in QMBU"--
      335 words
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      186 47 NOW THAT YOU'VE HEARD AND SEEN US ENJOY QUALITY WITH US. We've become a visible part of Singapore's standards: Mount Rosie Villas, Oakswood Asiawide Industrial Building at Upper Paya building industry. And we've developed a Heights, Casa Fidelio and Birchwood Lebar Road and a warehouse-cum-flatted factory ml, reputation of being
      186 words
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      Page 48 Advertisements Column 1
      77 48 IIKK^H^^H WlnilMnKßw Aft the end of the day, you want cool, quiet comfort. With no hassles, no complications. National understands. We have a wide range of multisplit aircons which can give you as much cooling power as you want, or as little. So you*ll never have to worry about how
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      Page 49 Advertisements Column 1
      106 49 up 27pC ——^rreSteTva* ues /M YVV C —"Trendo* otli District Jrw Get out of the rent Buy your office space now See the specialists commercial property financing. Own your working space and control overheads. We can make it happen! Call us today for friendly advice. ffAO#® H] from the finance
      106 words
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      Page 49 Advertisements Column 2
      128 49 OUB OPENS THE DOOR TO YOUR NEW <9y|^H HOME At Overseas Union we the place to your have specialty devised an easy buy your very own home programme you up your home. this loan scheme Loan of up to 100% valuation if CPF funds are used Jw Low interest rates
      128 words
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      169 50 Competitive Rates! IB pHf HIB —I —n —r nT" J> i] |A l/jkllltl R| i 1 -S -UJa Ihhj.. Credit POSB. The most affordable way to own your home. Our home financing package makes home ownership more affordable. No frills. No strings attached. No catches. Just the most practical terms
      169 words
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      Page 50 Advertisements Column 2
      83 50 GENTING HIGHLANDS SERVICE APARTMENT Imagine a home in the clouds at 6,600 ft above sea level. Fresh air, misty views and yet only a stone's throw from the casino, hotels and children's playground This spacious 3-bedroom apartment (2,100 sf) is cosily furnished and has a full service kitchen for added
      83 words
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      66 51 Prime Investment Property Corner 2 Storey Factory, warehouse Office Hill view Terrace Land Area Approx. 5900 sq ft Building 6000 sq ft (Include 3000 sq ft Office) 10 Min Walk to Bukit Batok MRT 3 Phase supply Good parking loading Easy Access to PIE Jurong Guarantee min. rental of $9,000
      66 words
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      Page 51 Advertisements Column 2
      147 51 Secure In The Knowledge Irs A Chubb In the underworld of petty thieves, burglars, safe-crackers, company break-ins, arson and organised crime, there is something called "THE KNOWLEDGE". The Knowledge in knowing... What to go for... What's easy... How works. And because they're in the know, these people leave Chubb products
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      255 52 INTRODUCING A REVOLUTIONARY NEW CONCEPT FROM CARRIER THAT CAN REDUCE YOUR AIR-CON BILL BY 36%. sd r*so (yiibliud iuo< sbiafuo atia tsrtt hsq wtf a'tedi) tinu iuo .mefcip rtguoidJ-woM supinu s rttiw ti yiiosiqsi bns ntf .trewdwi mo< yiikxn tsnom swm navs uoy 9vw ciT aurti .jnibliud to llsw s
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      80 53 i 3*»*«*»s£ I theheeren comprises a 30-storey Shopping cum situated in the heart of Slngapore'spremlerrctaii belt—Orchard Road. TO T pwlllljjTf nil liiiiil r "111 Caimhffl Road, and Itoctly opposite The Mandarin Hotel War VSHf Stacflftyre. v fl i jULipVIHi P^ a wi,. iw* l J| Building IU 3ij 1111 nilu^laHin
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      228 54 BAT A M soU JOOOH»«JM| /"■"*~V j. ,k/% Jodoh Square is the newest shop houses/ ,ss< ;■<__, commercial-cum-residential development ~-Lj;A >";> in Pulau Batam, a modern complex that's not only centrally located but also easily V2> accessible from all parts of the island. i V, 'ui*u (atam ),v The complex
      228 words
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      Page 54 Advertisements Column 2
      160 54 COLONIAL BUNGALOWS If you are looking for a house with a difference this is it! Spacious, grand huge private compound. That is rare especially in VUBKV mmmmmm Singapore. But we have now these exclusive properties for a TTTTTT privileged few only. MALCOLM PARK 2-storey Huge Detached Bungalow, cosy cottage styled
      160 words
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      140 56 Space Pioneers. IB S". c j WBSSFrnEmimm H^flMjWJ New Tech Park is Singaporcs first high tech industrial park a new concept in property. secured some of the worlds leading multi-national corporations ahead of schedule. We made New Tech Park a success, providing a wide range of expert advice from And
      140 words
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      133 57 eSShBI £^^Mr >MM MK— —nzsi_^H International House Perth International Hotel Cnr St George's Tee and Irwin St, Perth. Irwin Street, Perth. International House, and the Perth International The 5 star hotel comprises 238 rooms. Hotel and retail shopping arcade, is offered for an restaurant, piano bar, lounge bar, sale in
      133 words
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      Page 57 Advertisements Column 2
      37 57 B ASIA'S LARGEST ELECTRICAL, 'ccsin Suk Lim Scjuars. For your shopping convenience, car parking is on a j J Sim Lim Square Development Pte Ltd 1, Rochor Canal Road, #02-20 Sim Lim Square, Singapore 0718 Tel: *****88
      37 words
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      188 58 A track record you vlllltrlo I' I 1 In the past 15 years, Debenham Tewson City Valuers Pte Ltd has been associated I With successful deals of varying complexity, fjl J Our success has been primarily our ability jfl to perceive clients' needs and the ability I Waterfront City Batam
      188 words