The Business Times, 27 October 1989

Microfilm: NL16820
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, OCTOBER 27, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    249 1 Dow down WALL STREET stocks were mostly lower in light trading early yeeterday. A few large gains or losses related to corporate news stood out in the quiet market. The Dow was down 10 at 2.643 after falling to 2,639 earlier. Declining issues led gainers by about
    249 words
  • Article, Illustration
    Regional markets finish mixed
    270 1 STOCKMARKETS in Tokyo and Sydney posted good gains while their counterparts in Singapore and Hongkong eased further in quiet trading yesterday. In Tokyo, the market came close to a new high before slipping, but it still ended broadly higher in active trade. The Nikkei Index rose
    270 words
  • Article, Illustration
    More disclosures on the cards
    471 1  -  REVISED LISTING MANUAL EXPECTED BEFORE NEXT JANUARY By MAGDALENE NG CLEARER GUIDELINES ON listing requirements and more corporate disclosures are two features which figure in a revised Listing Manual which is expected to be released by the Stock Exchange of Singapore (SES) by the end
    471 words
  • Article
    Simex puts launch of stock index contract on hold
    435 1  -  By QUAK HIANG WHAI THE SINGAPORE International Monetary Exchange is putting the proposed launch of the local stock index futures contract (SIF) on hold despite wide interest shown by members of ths exchange and the Stock Exchange of Singapore (SES). In
    435 words
  • Article
    Lock icon Kremlin has no right to block East European reforms: Gorbachev
    235 1 AP, AFP PRESIDENT Mikhail Gorbachev has assured Finland that the Soviet Union has "no moral or political right" to interfere in Eastern Europe's moves towards democracy. Spokesman Qennady Gerasimov quoted him on Wednesday as also having said that Moscow would
    AP,; AFP  -  235 words
  • Article
    Lock icon US third-quarter GNP up 2.5pc despite adverse factors
    555 1 AP THE AMERICAN ECONOMY grew at a moderate annual rate of 2.5 per cent from July through September in spite of the poorest trade performance in six years and a US$4 billion income loss from Hurricane Hugo. The Commerce Department said yesterday
    AP  -  555 words
  • Article
    Lock icon Indonesia warns of communist threat in poison rumours
    174 1 Reuter THE INDONESIAN government warned yesterday that communists might take advantage of rumours, fanned by an irresponsible press, that the country's food and water supplies were being poisoned. The rumours, frequently saying that Muslim fanatics are responsible, have been raging around the
    Reuter  -  174 words
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      125 1 j/xir {M■ r N !<r>| i)M r"r) Full report, PAGE 22 Regional markets, PAGE 24 World markets, PAGE 2S Yes. I would like to make the most out of my foreign currency 1 investments Please send me more information fast .1. I Name: Address I I Contact Tel No Mail
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      421 1 Simex launches Euroyen contract, PAGE 7 Don't MISS BT tomorrow and a chance to win one of 30 prized bottles For six days starting today, Business Times will run the BT Wordskill Contest A simple word game based on ordinary business parlance. All you have to do is cut out
      421 words
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      12 1 More stories on PAGE 5 Greenspan say* xero Inflation possible, BACK PAQE
      12 words
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      281 1 up'urn© Quadruple Zoom+Auto Two-Cokx. TU_ 3E8 and KLSE: parting of waya? HAVING grown up together for 16 years, a parting of waya for tha Singapore and Malaysian stock exchangee ie now no longer a remote poesibillty. Though no decision has been made so far, the day of reckoning may yet
      281 words
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  • HOME NEWS
    • Article
      Ad agencies urged to localise Asian operations
      404 2  -  THIRD WORLD ADVERTISING AND MARKETING CONGRESS By GENEVIEVE CUA TWO HELMSMEN of UK-based advertising mega-agencies said that operations which want to ride the booming Asian market must localise their operations in the region. Martin Sorrell, WPP Group's chief executive officer, and Robin Wight,
      404 words
    • Article
      Amex reangling sales pitch in developing nations
      388 2 CHARGE CARD company American Express is reorienting its marketing in developing countries to provide services that are appropriate to customers at different stages of their lives. This approach calls for careful market segmentation based on demographics as well as psy-cho-graphics. Lee Soo Jin,
      388 words
    • Article
      Parent cites S'pore office as exemplary
      204 2 THE SINGAPORE OFFICE of The Ball WCRS Partnership was yesterday singled out as a "real jewel in the crown" of Londonbased advertising agency Wight Collins Rutherford Scott (WCRS). Robbin Wight, the WCRS group chairman, said that although the Singapore office was the smallest in
      204 words
    • Article
      Opportunities exist in Hungary for SMEs
      358 2 SHALL AND MEDIUM-SIZED en(SME) would do well to ptfore trade opportunities in kffigary, which is now moving •Nfo from its communist past. ,*Thia is the opinion of Mr AnKM Hirschler, the Hungarian foftassy's first secretary, comiffcial. He said the best busi<Ni opportunity would be
      358 words
    • Article
      Engineering group sets up regional base in S'pore
      357 2  -  By LILIAN ANG IN A BID to keep a closer watch on its operations in this region, Foster Wheeler, an engineering, management and construction group of companies, has set up a regional engineering centre in Singapore. The centre, which became operational in
      357 words
    • Article, Illustration
      NZ consultancy giant sets up local office
      261 2 NEW ZEALAND'S largest engineering consultancy and construction company, Works and Development Services Corporation, haa set up an office in Singapore to tap the Aaian market. "Singapore will be our springboard to penetrate the region," said company chairman John Cameron yeeterday. Until its corporatisation
      261 words
    • Article
      Life insurance body carrying out survey among policyholders
      110 2 THE LIFE INSURANCE Association, s trade body comprising 11 direct insurers and three reinsurers, is conducting a survey to find out why people buy life insurance. A statement from the associstion said the survey, which will be carried out through questionnaires, would
      110 words
    • Article
      MEMO-PAD
      580 2 Seminars and courses Ocr 27 Mapping Business WesHn Stamford Construction *****11 Strategies for the Industry ext 59 Building Industry in Development the 1990s Board Oct 27 Integrating Enterprise- Hyatt Regency Digital Equipment *****56 Wide Business Singapore Information Oct 30 31 In Search of Excellence Hilton Int'l Career Track *****88
      580 words
    • Article, Illustration
      Sembawang's new floating dock sails in
      190 2 SEMBAWANG SHIPYARD'S new $45 million floating dock arrived yesterday, one month behind schedule. Acquired to cope with increased business, the medium-sized 40,000 dwt dock was supposed to get here by September, and become operational by year-end. A statement from Sembawang said operational date had
      190 words
    • Article
      Productivity means getting 'another satisfied customer'
      408 3  -  By SHOEB KAGDA A SOFTER, more subtle approach is being adopted this year to spread the productivity measage. The productivity campaign, which will be officially launched on Nov 1, will focus on customer satisfaction and will be taglined "Another Satisfied Customer," it waa disclosed
      408 words
    • Article, Illustration
      End of the road for Fullerton car park
      117 3 THE FULLERTON SQUARE CAR PARK, one of the last surface car parks in tha city araa, has baan cloaad permanently. A statement from tha Urban Redevelopment Authority yesterday aald the c loan re came Into effect on Wedneadav for landscaping worfca aa
      117 words
    • Article
      HDB awards two contracts totalling $32m
      294 3 TWO CONTRACTS worth a total of $32 million have been swarded by the Housing and Development Board (HDB). The first, a contract to build seven blocks of fists st Pasir Ris New Town, wss swsrded to Ho Lee Construction Pte Ltd. which bid $23.6
      294 words
    • Article
      Arthur Andersen opens Japanese advisory centre
      321 3 KEEN to carve out a larger share of the Japaneee market, Arthur Andersen Associates hss set up a Japanese Corporate Advisory Centre (JCAC). This means all the bigleague accounting firms here have now a unit or division catering to Japanese business. Arthur Andersen Associates
      321 words
    • Article
      Seminars on testing technology next month
      156 3 SINGAPORE manufacturers, testing companies and government inspection bureaus will be introduced to the latest in non-destructive testing technology by way of three seminars on the subject next week. The seminars srs organised by C Melchers Co SEA Agency, a supplier and stockist of s
      156 words
    • Article, Illustration
      Worldwide Islamic market offering great potential
      306 3  -  PROPOSAL FOR S'PORE TO BECOME MUSLIM TRADING CENTRE By JAYARAM MENON SINGAPORE can plug into a market of about 1.8 billion people by becoming a Muslim trading contra. says the president of the Singapore Malay Chamber of Commerce, Mr Jalil Haron. "As a showcsse-cum-database
      306 words
    • Article, Illustration
      Dreamy respite for Commonwealth dignitaries
      162 3 A LIGHTER MOMENT In Com, monweehh polittce--First Depu~ ty Prime Minlotor Qoh Chok Tong (left) chatting with visiting CHOGM dtgnHartee on board the crulee ship Equator Drmm. t Mr and Mr* Qoh hooted a lunch yoßterday tor tie dignltariee, who vMtod Slngepore on h dopowr
      162 words
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      Page 2 Advertisements Column 1
      103 2 Get into the business of shaping up. Bafca^SK^^gSSli^iiiiphai^^fli No matter how rushed your schedule may seem, there is time for a healthy work-out. At Gold's Gym you can join the early birds (7am to 9am). Or troop in with the lunchtime bunch. You'll never have to worry about the extra
      103 words
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      83 2 RENAULT NEWS Singapore is the Ist to launch the Rl9 in Asia. With the new 1,4 'energy' engine a quite responsive and good fuel economy. Renault spend 335 Million dollars and 2,8 million man-hours of engineering input to design the Rl9. 7,500,000 Km (10 times to the moon and back)
      83 words
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      144 3 |f i MH&* W SCWUK MOM m THK 2WWB OAOMt COMSM6 (MM T* TK( tabta tfto Chang Slwo Aung V. I«n ««ang Hong O.SI* /h«ig OtOm Chan Ban (teg l\ Hw (jonf Show Ranlan Hi Im Pmltlm #i»ng tmc Mc SanXaiM* flmti Faqlila N*(S>£ Aaiq Qa ftumi In Cl* Shan
      144 words
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      69 3 Followers or leader... I I V I i I v i' i/# If j-7 I 1 *i i //1 N i jt i f Jli. Baume Mercier GENEVE MAiTRES HORLOGER3 DEPUIS 5 830 I i i" f 111 1 mii 4 it i BEYOND PERFECTION. h\(.i I mC-i|» "< l'
      69 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      211 3 Qlobal temperatures and weather forecast CHv Ik./ Hota OUTLOOK: Showara v*ny Max/ ov«f aavaral irui In Ms th« iat« morning and CQ .arty afternoon "/09 u, i-sotssrr: Amnordom 18/12 Sunny airport. Alham 25/U Sumy Max tamp 32.7 Auckland 20/13 Cloudy Aaaoe humidity 83 Bangkok 34/25 Fair Mln tamp. 24.0 M<ng
      211 words
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  • FOREIGN NEWS
    • Article
      Lock icon Difficult for Phnom Penh to regain Pailin town: Thai officer
      371 4 AFP THE GEM-MINING TOWN of Pailin in western Cambodia that fell to Khmer Rouge guerillas last Sundsy will prove difficult for government forces to win back, a senior Thai officer said in Bangkok. The Thai chief-of-etaff, General Sunthorn Kongsompong, said
      AFP  -  371 words
    • Article, Illustration
      Lock icon Chatichai still sceptical about Viet claim
      229 4 Reuter CHINA AND THAILAND, the main supporters of Khmer Rouge guerillas in Cambodia, have renewed calls for international supervision of Vietnam's troop withdrawal. Thai Prime Minister Chatichai Choonhavan, on a threeday visit to China, was quoted on Wednesday by the official New China News
      Reuter  -  229 words
    • Article
      Lock icon Wisconsin team to study investment openings in Malaysia
      378 4 Bernama THE SIMILARITIES In working ethics and nature of small and medlum-ecale buainaaass have attracted a 13-member buslnaas delegation from WiaconaJn to study investment opportunltiea in Malaysia. "We have a lot In common and by working together wa can help each other,"
      Bernama  -  378 words
    • Article
      Lock icon Baker against new South African sanctions
      171 4 AFP US SECRETARY of State James Baker haa said that he oppoees new sanctiona against South Africa and has urged patience after the new government there showed more leniency towards the black majority. What the (Frederick) de Klerk government has done so far ia
      AFP  -  171 words
    • Article
      Lock icon Israel emerging from recession: bank chief
      447 4 Reuter THE ISRAELI ECONOMY is emerging from its crippling recession and enjoying a boom in foreign investment, but the country must recover slowly to avoid a return to soaring inflation, said Moehe Sanbar, chairman of Bank Leumi le-lera-ei Lid. Israel has posted zero growth
      Reuter  -  447 words
    • Article
      Lock icon Nissan and Toyota to launch luxury car sales
      550 4 THREAT TO GROWTH IN EUROPEAN CAR IMPORTS Reuter HEAVYWEIGHT Japanese manufacturers are set to unleash a concerted sales drive in Japan's luxury car market, threatening to stunt the impressive growth of European car sales in Tokyo. New luxury cars being introduced in
      Reuter  -  550 words
    • Article
      Lock icon Benazir sacks minister in blackmail row
      177 4 Reuter PAKISTANI Prime Minister Benazir Bhutto has sacked a minister on blackmail charges and accused the oppoeition of bribing deputies in a bid to topple her 11-month-old government. The charges were denied by the sacked Deputy Minister for Labour and Manpower, Tariq Magsi, and
      Reuter  -  177 words
    • Article
      Lock icon US and South Korea reach compromise on fighter plane deal
      344 4 AFP AFTER MONTHS of negotiations, South Korea and the US have reached a compromise agreement on a complex coproduction deal under which Seoul will acquire 120 advanced US combat jets. Seoul, which originally hoped to co-produce all 120 aircraft, has
      AFP  -  344 words
    • Article
      Lock icon China against 'internationalising' HK issue
      149 4 AFP CHINA has reiterated its opposition to attempts to "internationalise" discussions on the future of Hongkong. the officisl New China News Agency (NCNA) said. The implementation of the Sino-Brltish Joint declaration on the future of Hongkong, was entirely a matter between Beijing and London and
      AFP  -  149 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1087 4 ARRIVALS Operator Mnw From su MAS MAS SU CPA MAS GU SU SWt RSA OA SU GU THA SU SU GU SU TtY MAS SAS SU SU SU SU SAS MAS SU SU m THA SU GU tu SU MAS THA CPA KIM MAS PAS MAS MAS
      1,087 words
    • Article
      Lock icon US confronts allies over bid to ease high-tech control
      511 5 AP THE US has confronted 16 allies pressing to ease controls on sensitive high technology sales to communist governments in light of rapid changes in the Soviet Bloc. An American source, who spoke on the condition of anonymity, acknowledged before the
      AP  -  511 words
    • Article
      Lock icon Hungarian Socialist Party faces huge membership deficit
      388 5 AP THE NEW Hungarian Socialist Party faces a huge membership deficit compared to the Communist Party it replaced, a spokesman said on Wednesday, a day after a new pro-communist group was formed. The Hungarian Workers' Party, founded in Bekescsaba, south-eastern Hungary, is one
      AP  -  388 words
    • Article
      Lock icon Soviet Union should become observer at IMF and Gatt, says Mitterrand
      241 5 Reuter THE SOVIET UNION should be accepted as an observer member of the International Monetary Fund and the General Agreement for Tariffs and Trade, French President Francois Mitterrand said. In a major speech in Strasbourg, France, he said countries
      Reuter  -  241 words
    • Article
      Lock icon Lome Convention talks enter key stage
      564 5 FINANCING OF ACCORD TO BE DISCUSSED AFP NEGOTIATIONS for a fourth Lome Convention enter a crucial phase this weekend ss the European Community and the 66-na-tion African, Caribbean and Pacific (ACP) bloc finally diacuaa the key question of financing the accord. But despite the
      AFP  -  564 words
    • Article
      Lock icon European Community, Etta disagree on cooperation, says report
      337 5 Reuter THE European Community (EC) and the European Free Trade Association (Etta) disagree on how they should cooperate in the run-up to the establishment of the EC's single market, according to an official report obtained by the Norwegian NTB news agency. The
      Reuter  -  337 words
    • Article, Illustration
      Lock icon France suggests new ways to help Eastern Europe
      357 5 AP PRESIDENT Francois Mitterrand of France on Wednesday suggested a series of new, concrete measures which could be taken by the European Community to help Eastern Europe. In a wide-ranging 90-minute address to the European Parliament in Strasbourg, France, Mr Mitterrand also
      AP  -  357 words
    • Article
      Lock icon US Republicans propose US$585m aid plan for Poland and Hungary
      221 5 AP SENATE Republicans, seeking to blunt Democrats' efforts to seize the upper hand on the issue of US aid to Eastern Europe, are proposing their own three-year, US$5B5 million aid programme. The Republican plan for Poland and Hungary, assembled by
      AP  -  221 words
    • Article
      Lock icon High interest rates pushing Britain towards recession, say economists
      358 5 AFP BRITAIN will come perilously close to a recession next year, as the recent interest rate rise to 15 per cent takes its toll, economists at London broking firm James Capel have warned. They said a "soft landing" for the British
      AFP  -  358 words
    • Article, Illustration
      Lock icon Delors says EC union could be implemented in stages
      421 5 AP EC COMMISSION President Jacques Delors, in a bid to appease Britain and other critics, said on Wednesday that economic and monetary union in the European Community could be implemented in stages. He told the European Parliament concessions could be made
      AP  -  421 words
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      41 4 Exclusive Sunglasses PORSCHE DESIGN *~ARJI£RA > Folding Sunglasses Des gnnri t.F- A P,. O,' ,u- Compel" co-ID t Blt-w f cr'p U 1-. 1 PORSCHE DESIGN U D j A A»i ABLE A r PORSCHE DESIGN BOUTIQUE CORNERS LEADING OPTOMETRISTS AND OPTICIANS
      41 words
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      56 4 The business person's choice every Tuesday. Z I 1 t m\ I IJF m Thursday Saturday and Sunday. inc Chane I IL/f I|\ I If 1 A.rport at 22K35 hours and arnvinj Mooter B IUIvJIN I\J *-rr- fc Call your Travel Agent or Air CmmU it 752t555. nhM| A BREATH
      56 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      33 4 Doonesbury by garry trudeau MAV DMrmff MAY WHATA&MYOP7IONSH&te* TENSION POO-POO! YOUPONj nlrrrv!Mpmnrmi ipontmmt iccuu?bzfini! r[ n ujouj... CITY: MKJMOOIH IPON7 THGCOUU?B£THB 6*£ AT TOOONTHS 15 HAVING A POUJZR pzath THING, THE AP-UM»6 Noet
      33 words
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  • Page 5 Advertisements
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      203 5 I I I THE VERY BEST. AT THE MANDARIN CLUB. As our privileged guest you can enjoy floor you're saying on, so there's no mjßfT nothing less than super deluxe com- standing in line for you. forts, luxurious elegance and our Throughout your stay, you'U be undivided attention. accorded die
      203 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Devaluation of rouble may set stage for currency convertibility
      459 6 NYT THE DRAMATIC reduction in the exchange value of the rouble tor Soviet citizens travelling abroad reflects both the continuing trials of shaking the Soviet economy out of its lethargy and the Soviet leadership's willingness to act boldly in pursuit of
      NYT  -  459 words
    • Article
      Forex markets
      1082 6 SINGAPORE: The US dollar yesterday ended firmer in thin trading supported by light shortcovering ahead of the 1230 QMT release of preliminary US third quarter QNP data, dealers said. "The dollsr is likely to remain steady if the QNP data comes within expectations of between 2 and 2.3
      1,082 words
    • Article
      Comex gold/sliver futures
      174 6 Gold futures on October 25, 1989 100 tray ouncaa; US$ par troy ounca 0*M Mgti Lom Mk OCT 370.20 370.20 369 00 369.10 .1.10 Now 370.30 -1.10 OK 37X50 373.40 371 JO 372.30 .1.10 Fab 91 377.00 377JO 375.60 376.40 -1.00 Apr 380.00 3*1.40 379.90 3*030 -100
      174 words
    • Article
      Asian dollar market
      263 6 ASIAN DOLLAR depoait rates closed little changed from their opening levela yesterday, with moet operators sidelined ahead of the 1230 QMT releaae of US preliminary third quarter QNP data, dealers said. "The QNP data will determine which way the rates should move aa well aa further cluea
      263 words
    • Article
      Lock icon Simex
      480 6 Reuter EURODOLLAR futures yesterday closed mixed in moderate trade on short-covering and some late selling interest, dealers said. "Traders are awaiting (last night's) release of US third quarter GNP figures for clues to the state of the US economy," a dealer said. December and March close unchanged from Chicago's
      Reuter  -  480 words
    • Article
      Money markets
      56 6 THE overnight rate on the Singapore money market waa 1/18 point lower at 5-6/18 per cent yesterday. Term ratea were all unchanged. S$ Into rbanfc rates at #m < don y Of*V Iff da ND WW* 9 5/1* 9 J/U S l/» 5 1/4 JV« 9 1/4 s
      56 words
    • Article
      Options
      1124 6 CURRENCY FUTURES OPTIONS S SS S .JS S J Thursday Odotwr 26, 1969 MO o*o 4*0 sto is*o 17*0 isio B M 1 K «MM M W MMI DEUTSCHE MARK (SHMX) fat «M 2*00, Tm »M <498 cofa, >99 pan Opoo tM TOT, ***** oMa, 3MM pM DHM«h DMNfMk
      1,124 words
    • Article
      Lock icon IMM
      252 6 Reuter IMM currency futures pared their losses and ended narrowly mixed on Wednesday after s late advance hoisted continental currencies to the day's highs. Traders said sizable buying as much as 2,000 contracts by a dealer near the close boosted December West German marks and hit buy-stops near 0.5455.
      Reuter  -  252 words
    • Article
      Government securities market
      94 6 Treasury bills Parfod Issue Yesterday's dosing Day's coda Maturity MO OffBt UGH LOW 3 month* BQ*****V 25.01.90 4.31 4.26 4.31 4.29 6 rnomht 8S*****V 18.01.90 4.31 4.26 1 year IY*****Z 18.1090 4J3 Government notes end bonds Parted Issue Maturity Coupon Yesterday's dosing Day's code rate MO arm
      94 words
    • Article, Illustration
      World interest rates
      153 6 ismJO^IHSTiTai Interbank marts! rate# (ofVar/bld) on Oct 26 US$ DM SWPC Ym 7 4*y. IV4-IJ/I 111/l-tl 7 IS/14—IS/14 7 1/9 7 la* 11/14 —9/14 ISI/S—IS 7 IS/I* I J/14 7I/I-71/J 4 S/S 4 1/4 I 4 S/fl 4 1/3 IS l/l IS 7 7/1 71/4 4 1/3
      153 words
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      82 6 I* H 9ft Hi n I$ I ML You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touch
      82 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon New ECU futures contract set to give Liffe European lead
      668 7 Reuter LONDON looks sot to tako a cloar load in tho race to b« Europe's loading financial futures centra by 1982 with the launch yesterday of the world s first inter est rate futures contract for the European Currency Unit
      Reuter  -  668 words
    • Article
      Lock icon Taiwan bank to issue US$100m FRNs
      138 7 AFP TAIWAN'S state-run Bank of Communications will issue US$lOO million worth of FRNs (floating rate notes) in Europe to raise funds for ship construction loans, a bank official said on Tuesday. The 12-year, Eurodollar bonds carry a six-month interest rate of 0.1 per cent
      AFP  -  138 words
    • Article, Illustration
      Simex launches Euroyen contract today
      675 7  -  Developments in futures markets By QUAK HIANG WHAI THE Singapore International Monetary Exchange (Simex) will launch the Euroyen interest rste futures contract today to complement a similsr contract traded on the Tokyo International Financial Futures Exchsnge (Tiffs). Until today, the Euroyen futures contrsct on Tiffs
      675 words
    • Article, Illustration
      Lock icon France s Matif hopes to spark commodity futures
      481 7 Reuter FRANCE'S Matif, known primarily for its burgeoning trade in financial futures, plans a campaign to spur its dull commodity sector, especially white sugar dealings, exchange officials said. It aims to launch a marketing drive in the near future to drum up
      Reuter  -  481 words
    • Article
      Lock icon Fed urged to watch takeover of US banks
      384 7 AP CHAIRMAN Henry B Gonzalez of the banking committee in the US House of Representatives urged US authorities on Wednesday to be cautious in permitting foreign takeovers of US banks. "At present it is estimatsd that foreigners control 21 per cent of
      AP  -  384 words
    • Article
      Lock icon G-7 ready to stabilise markets: Japanese official
      225 7 Reuter GROUP OF SEVEN (G-7) nations are ready and prepared 24 hours a day to take whatever actions necessary to stabilise financial markets, said Toru Utsumi, Vice-Minister for International Affairs at Japan's Finance Ministry. Mr Utsumi told a conference held by the Japanese
      Reuter  -  225 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      77 7 $9.00++ per person f I For 1 to 4 persons 5 courses with soup I (includes 1 live' fish dish) I f 6 courses with soup (includes I'live'fish dish) f Price includes dessert, coffee/tea Menu changes daily vi Five minutes fronA^/ j w M Orchard RoI f I J Ample
      77 words
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      Page 7 Advertisements Column 2
      76 7 M Ai S E R A T 71 There are no fits of passion. Just passion running high on 220 BHP, in the seat of a Maseratl 420. J i 2 litre 420 Mmuml/Aulo complete with leather upholstery from flS9,oooAßF(fora limited period only). IN/lASERATI ITALIA PTE LTD The reality of
      76 words
  • Page 7 Miscellaneous
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  • COMMODITIES
    • Article
      Lock icon New Zealand puts state forests up for sale
      336 8 Reuter NEW ZEALAND has put its state foreata up for aale in what ia likely to be the country's biggeet privatisation ao far, but how much the government will earn remains a mystery. State-owned Foreatrycorp, the government's agent for the aale, said
      Reuter  -  336 words
    • Article
      Lock icon KL appeals for support for world tin research centre
      236 8 Bernama MALAYSIA has appealed to all tin-pro-ducing countries, especislly the major producers, to continue to support the London-based Internstional Tin Research Institute (Itri). Primary industries minister Datuk Seri Dr Lim Keng Yaik said on Wednesday that the Itri, a research and
      Bernama  -  236 words
    • Article
      Lock icon Investors urged to exploit hedging on KLCE
      131 8 Bernama POTENTIAL tor more hedging transactions on the Kuala Lumpur Commodity Exchange's (KLCE) markets has yet to be fully exploited by investors, a KLCE workshop on "Accounting and tax issues of hedging transactions" was told on Wednesday. Workshop chairman, Larry Seow, a partner
      Bernama  -  131 words
    • Article
      Rubber
      311 8 SMOAPORE: Rubber prices closed with pared losses yestsrday, with November 1 RSS buyer quoted at 161.00 cents a kQ, down half a cent from Wednesday's close. Daalers said prices recovered some early losses in the afternoon on speculative buying interest. However, trading remained quiet. On the TSR-20 Award market,
      311 words
    • Article
      Lock icon Crude Oil and Products
      134 8 Telerate Sentiment for HSFO remained bearish in Singapore where buy indications for CSTIBO were notional ly at $94-6 mt fob Sing. CST3BO was under pressure too due to higher availabilities. A refiner sold November CST3BO at spot Singlinked price plue premium medium. Sulphur CST3BO wee on
      Telerate  -  134 words
    • Article
      RAS and MRELB
      361 8 RAS prices In I wwliBn. FOB In Mm noon close lwy#fi Sdtofi Sollors In* 1 RSS Prompt 159.25 160.25N 159.50 *****N In* 1 RSS Nor 160.75 161.25 161.00 161 JO ln» 1 RSS 0k 164.25 164.75 164J0 165.00 hi 2 RSS Of 159.00 161.00N 159.25 161.25N 3
      361 words
    • Article
      Lock icon Soybean
      177 8 Reuter FUND BUYING boosted CBOT soybean futures to a higher cloaa on Wednesday. Prices ended up 5-3/4 cants in spot November at U556.96-1/2 a bushel, while other months held gains of 3.0 to 5-1/4 cants. Refco, lowa Grain and Cargill took long poeitiona, pit sources said, and Balfour and
      Reuter  -  177 words
    • Article
      Lock icon Wheat
      185 8 Reuter CBOT soft red winter wheat futuree cloeed down 1-1/4 cents a bushel in spot December at US$4.O6-1/2 on Wedneeday. Fund sailing by Rosen-thal-Collins Group waa tha feature in otherwise lacklustre activities, trsders said. They said most of the trading intereat centred in the corn, soybean and soyoil pits,
      Reuter  -  185 words
    • Article
      Produce Prices
      191 8 ChlrwM Produce Exchange Sflltn' non closing pricss on October 26 (SI/100 kg) Coconut oil Mk FOB 91.00 Od drum FOB 101.00 N*w drum FOB 105.00 Copra Mixed (too**) 52.00 Pepper 1 rnUfwO® *rnnw FOB NLW 490.00 Sarawak «MH FOB faq NIW 480.00 Sarawak tp octal block FOB NIW
      191 words
    • Article
      Precious Metals
      335 8 HONGKONG: Qold cloeed little changed yeeterday in sluggish trade and a lack of freeh news to shake the market Dealers said most Investors were swatting the 1230 QMT reieaee of US third quarter QNP data. But European demand in lata trade offeet light local selling. Qold Armed marginally
      335 words
    • Article
      Palm Oil
      514 8 MALAYSIAN CRUOC PALM (ML FUTURE* cloud mined to lower on th« KuoJa Lumpur Commodity Exchange (KLCE) yesterday, on long liquidation and profit-taking activity. Deepite the alightly higher Chicago Board of Trade (C80T), dealers said most operators began to take quick proms on the idea that the market is
      514 words
    • Article
      London markets
      206 8 London Commodity Exchange Buyor/SolWr dosing pricos on Oct 25 (£/tonno unless spodfiod). Previous dosing prlcos in poronthosis. COVfll Bosh inform London, toMon option OF London Nov 723/725 (720/725) High/Low 728/722 Jon 682/684 (671/673) Ugh/Low 687/674 Solo* (3685) Cocoa Doc 726/727 (743/745) t4gh/Low 741/725 Mo r 701/703 (718/719) high/Low
      206 words
    • Article
      KL Tin
      137 8 THE Kuala Lumpur Tin Market (KLTM) rebounded further from recent lomm to ctoaa 11 eon Mghar at M $26.66 a kg yeetorday, bfoktn said. They aald Curopaan tradara conttnuad la pravkto moat of tha oubdotL while soma demand wae atoo naiad Irani Jagawss and laanl Interests. A rtoa
      137 words
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      Page 8 Advertisements Column 1
      103 8 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS Stories on labour and its relationship with management, f management concepts in A j S) practice, profiles of leading J oWI managers in Singapore and v relevant book reviews. a— ——MANAGEMENT, in L— j T Business Times every Monday, I I ]___JJ J is
      103 words
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  • SPORTS
    • Article, Illustration
      Good, clean arm-twisting action at Gay World
      361 9  -  WRESTLING By CHARLES SAVAGE MADCAP wraatling action is the far* at Qay World for thos* looking for antartainmant ovar the long weekend. Tha World Claaa Wraatling Champtonahip featuring 12 wreatlara starts tonight and finishes on Sunday night with tha finala of the World
      361 words
    • Article
      Lock icon Europeans likely to play less on US PGA tour
      303 9 GOLF AP US MASTERS champion Nick Faldo said on Wednesday that top Europeans might opt to stay in Europe rather than play in the US under the US PQA's extension of its 15-event yearly minimum. While preparing to defend his title
      AP  -  303 words
    • Article, Illustration
      Lock icon This season tougher than last year's, says Honda president
      208 9 MOTOR-RACING AFP THE 1989 FORMULA ONE season has been more difficult than last year's partly because of the stepped-up competition of the Ferrari team, Honda president Tadashi Kume said in Tokyo yesterday. Kume also praised his MacLaren-Honda team for doing "very
      AFP  -  208 words
    • Article
      Lock icon Tyson's illness forces bout to be put off
      273 9 BOXING AP THE NOV 18 world heavyweight boxing championship fight in Edmonton between champion Mike Tyson and Donovan "Razor" Ruddock has been postponed until at least early next year because Tyson has a condition similar to pneumonia. Promoter Garry Stevenson said in
      AP  -  273 words
    • Article
      Lock icon World Series ready to resume
      350 9 BASEBALL AP THE OAKLAND Athletics and the San Francisco Giants have resumed practice for earthquake-delayed Game 3 of baseball's World Series, and each is taking a different tack one serious and one more relaxed. The Oakland Athletics, led by lawyer-manager Tony La Russa, went back
      AP  -  350 words
    • Article, Illustration
      Lock icon Seles hits her way into quarter-finals
      289 9 TENNIS AFP THIRD-SEEDED Monica Seles, the 15-year-old Yugoslav left-hander, became the first player to reach the quarter-finals of the women's international in Brighton on Wednesday. Seles beat American Ann Henricksson 6-3, 6-1, overcoming her rival with hard hitting in 64 minutee. Faat-improving Czech Jane
      AFP  -  289 words
    • Article
      Lock icon Austrian trounces Swiss in EC match
      138 9 AFP HORST SKOFF of Austria put out eighth seeded Swiss Jakob Hlasek 7-6 (7-5), 6-4 in one hour 50 minutes while sixth seeded Tim Mayotte was taken to three sets st the European Community Championships in Frsnkfurt on Wednesday night Mayotts triumphed 3-6, 6-3,
      AFP  -  138 words
    • Article, Illustration
      Lock icon Lamb shepherds England to stunning score against India
      324 9 CRICKET AFP A FIGHTING fourth-wicket stand between Allan Lamb and Alec Stewart took England to a formidable 256 for seven against India in the Nehru Cup cricket tournament in Kanpur, India, on Wednesday. Lamb, who faced 109 balls and scored an unblemished
      AFP  -  324 words
    • Article
      Lock icon Top players criticise plans for US$6m cup
      340 9 Reuter TOP TENNIS PLAYERS hevs attacked plant for a naw Grand Slam cup which will o(tor US$6 million in prlza monay to ba sharsd batwaan 10 man. "It's an almost ridiculous sum of monay," formar Wimbisdon champion Stafan Edbarg said aarly this week
      Reuter  -  340 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      141 9 HI ENTOY A LEISURELY LUNCH ON THE EQUATOR DREAM Luxurious and comfortable, the 35 m catamaran offers a leisurely business lunch in air-conditioned comfort. And at the same time, far away from the madding crowd. Start with a welcome drink. Then, take your pick from a sumptuous buffet spread and
      141 words
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      Page 9 Advertisements Column 2
      241 9 The Business Times HEL Test your skill and win premium prizes! 30 winners will be selectedio win one bottle of Hennessy XO Cognac, Dunhill Premium Scotch Whisky or Dom Perignon Champagne at the end of a week's contest. llnm tn antA" RaatSa»ibapubMhadr BuwnaMTMM nuw lw w,w onSuwday.NoMMterll.ltHi A eortaat toon
      241 words
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  • LIFESTYLE
    • HW HER WORLD
      • Article
        Creaming profits by selling to men
        63 10 Do real men buy slickly-packaged creams and lotions for their faces? Apparently they do, according to cosmetics manufacturers, who see their salee figures climb when they introduce a line of cosmetics ostensibly made for males. But what does it take to convince men that
        63 words
      • Article
        The executive chef is a brave woman
        70 10 In the high-preesure-cooker world of the hotel kitchen, the executive chef reigns supreme the male executive chef, that ie. But his domain is being challenged by a few brave women who will not take no for an answer. They, too, think they have
        70 words
    • Article, Illustration
      Lock icon Featuring the bare minimum
      489 10  -  FASHION By MICHELA WRONG Reuter THERE IS no longer any doubt. Next summer will see the return of the body, as women pare their wardrobes down to the absolute minimum. Streamlined cat suits, stretch pants, skin-tight biking shorts snd brightly-col-oured leggings festured on the catwalks at
      Reuter  -  489 words
    • Article
      Lock icon America boosting image of designers
      864 11  -  INDUSTRIAL DESIGN By JANE HOLTZ NYT THE PERFECT screwdriver isn't everybody's Holy Grail. Not everybody puts the Dustbuster, the Taurus and the Walkman on a pedestal. And how many remember when "Made in Japan" was an aesthetic epithet? Industrial designers attend to such matters. And
      NYT  -  864 words
    • SHORT TAKES
      • Article
        Reagan halls Sony's Hollywood investment
        182 11 FORMER President Ronald Reagan told Japanese audiences in Tokyo on Wednesday that he welcomed Japanese investment in the US and that Sony's rscent takeover of a big motion picture studio might even "bring back decency and good taste'' to American movies. Speaking at mid-point in
        182 words
      • Article
        Woman fights to save wells
        136 11 YOSHIE NODA has been battling for 15 years to save her city's ground water, and despite winning the prestigious Avon Award to Women on Tuesday, the housewife and city councilwoman of Ono in Toyama Prefecture, insists her grass-roots fight is not yet over. "Our struggle
        136 words
      • Article, Illustration
        Branson wins condom case
        89 11 A DUBLIN JUDGE has dismissed s case against Virgin Record store chief Richard Branson for selling condoms st his Dublin store. British millionaire Branson, speaking after Tuesday's decision, said it was incredible that at a time when every other government was trying to promote condoms in
        89 words
      • Article
        Subway stops beggars' shows
        164 11 IT WAS just another subway ride in New York until the door between cars clanged open and Woodrow Wright entered. He pressed a comb to his lipe and distracted his captive audience with a subterranean concert "I am a homeless man. But when I play a
        164 words
      • Article
        'Writers, artists fuelled unrest'
        103 11 CHINESE WRITERS and artists fanned unrest in Beijing earlier this year, the intellectual newspaper Guangming Daily charged in a virulent attack on Wednesday. Members of the Chinese Writers' Association and China Federation of Literary and Art Circles "participated in many demonstrations and added fuel to the
        103 words
      • Article
        Lock icon Mary McCarthy dies of cancer
        117 11 Agencies MARY McCarthy, a sharp-tongued social critic and author of the best-selling novel The Group, died in a New York hospital on Wednesday at age 67 of cancer, associstes said. McCarthy was a major figure in US intellectual life for more than four decades, starting
        Agencies  -  117 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      433 10 f Where tv entertain... Where tv entertain... Where to entertain... Where to I If you knew sushi. M Br <sfj., -.ijtlJ^H |p' < 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 MEmu
      433 words
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      Page 10 Advertisements Column 2
      188 10 I JADE LOUNGE I nightly for your I favourite I I nine court hotel I SINGAPORE I No. 1 Tanglin Road Singapore 1024 I r o \Kl The Chinatovm Roast I iN& Delights features perfectly I y barbecued meats like duck, I chicken, pork and "cha sha I amongst a
      188 words
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      Page 10 Advertisements Column 3
      223 10 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      223 words
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      Page 10 Advertisements Column 4
      209 10 fit'yC in& pur/Ptrvfa+dlLSky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $8+ Plaza Hotel StWGA>Q«C I WAIWXQIQuMUt »«NVITIWC) tart tod ITippnrr *****H 2MOOTI jdft Pi AK> ftfrhmoont Hotof ygp ~J3ct 16 -31 In[ Asecui I Buffet Lunch I Adult: Child: $10.00" I Delicious items indude Soup Bun tut,
      209 words
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      Page 10 Advertisements Column 5
      194 10 GERMAN BANQUET TABLE 1 I m! I I ■Bfl Is Savour the works of our mastmhefs as they lay the tables for a lavish feast fit for longs. With over 60 German favourites, our German buffet I lunch at The Belvedere is almost as good as a I I B
      194 words
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      Page 11 Advertisements Column 1
      274 11 futerfafci..,. J H IJAftehnoon I I i Tea Will I H I ;Be Served I lINTHEPark.I I Tea-time at Cafe-in-The-Park is delightful. I I You'll enjoy exquisite teasas well ad a tody I I I buffet spread of oven-fresh pastries, scones and I I I other delicious afternoon delights. I
      274 words
    • Advertisement
      Page 11 Advertisements Column 2
      101 11 I MAPLE LEAF Bin iVIV Sze-Chuan Restaurant 390, Victoria Street. #01-01/08 MfKflfl Golden Landmark KeS Savour the best ■Ufipfl is in Sze-Chuan RSiSiSIfZ fiii SiSISi 50 H 9-Course SET-MENU IS K (For 10 persons) g (I) Shredded Chicken with £n i Bean Nood§sy s jg (2) Shark's Fh with Crab
      101 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      581 11 CRYPTIC PUZZLE 21 A smoky sort of mental 1 The marine tide of Ae- VP HH* I F I F I I 23 Is no longer soft, but apt 2 Ths fool causa Idi to 4 Go around at the right to sting (4) change (5) place (6) 24 SJde
      581 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      1222 11 TV and RADIO J Playing with fire A i t> Robert Redford and Debra Wkigtr In Lmg&l Emglm OUR CHOICE "dynamics of change in international raLEGAL EAGLES, 10.30pm, SBC 5 leMons". Among thorn aro Margaret to. «k* o..«« Th teft r.. B r > y f Mu fending an alluringly
      1,222 words
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  • PERSPECTIVE
    • Article
      No place for hidden reserves
      452 12 INNER RESERVES of commercial banks are probably the best kept secrets in the corporate world. They are not apparent in the published balance sheets of banks because assets have either been deliberately understated or liabilities overstated. Such reserves can also be built up through an
      452 words
    • KLSE WANTS OUT OF THE SES SHADOW
      • Article, Illustration
        Louder clamour for a 'split'
        1701 12  -  For Siamese twins who have grown up together for 16 years, separation can be traumatic. Each will have major adjustments to make after they have been cut apart. So it will be with the Singapore and Kuala Lumpur stock exchanges if Malaysia decides to sever
        1,701 words
      • Article, Illustration
        Mixed reactions from across the Causeway
        829 12  -  OPINIONS Some feel the scrapping of dual Hating will allow the KLSEto develop Into a full-fledged exchange. f IwT 1 By YONG KWAI MENG MALAYSIAN STOCKBROKERS took forward to the prospect of more business should dual listing be scrapped, but they fear that the
        829 words
      • Article, Illustration
        Why the Lion City gets the bigger slice of the broking business
        728 13 SHARING THE CAKE DUAL LISTINGS, which have ceased since the end of 1965, have proved to be a sore spot for Malaysian stockbrokers. The argument has been that Singapore brokers have had an unfair ride on Malaysian stocks
        728 words
      • Article
        Brokers preparing for the divorce
        1056 13 THE FUTURE WHEN THE Malaysian government decided to end the tie between the ringgit and the Singapore dollar in ig73, the stockmarkets of Singapore and Malaysia took their first step towards a split. Over the last 16 years, the two exchanges have trod separate paths
        1,056 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      151 12 SINGAPORE ■UMHMS THE ■tREDIT ifAITZ SkiQipoff Linckri TifQit Mi# Conmmir r.r, c«t», A MONTHLY MAGAZINE OF BUSINESS TRENDS Banks scramble for larger slice of the credit market e Helping Hongkong workers settle in in Singapore e A new factor in the local lending scene e Law firms go mega e
      151 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      108 13 FOR BITS AND BYTES, Geared to keep the busy business N. executive abreast of new technologies he can exploit to full advantage, the I TECHNOLOGY page provides news, I J reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its primary
      108 words
  • Page 13 Miscellaneous
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1047 14 RESORTS WORLD BHD. PROSPECTUS This document is important and requires your immediate attention. If you are in any doubt as to the action you should take, you should consult your stockbroker, bank manager, solicitor, accountant or other professional adviser immediately. This Prospectus is not intended to be issued, circulated or
      1,047 words
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      4380 15 RESORTS WORLD BHD. PROSPECTUS AUDITORS AND REPORTING Kassirn Chan A Co.. For the year ending For the year ending MADE IN FAVOUR OF "MIDF SHARE ISSUE ACCOUNT NO. 137" CROSSED "A/C PAYEE ONLY" ACCOUNTANTS Public Accountants. 31st December, 19§9 31st December. 1990 (EXCLUDING ATM STATEMENTS) AND ENDORSED ON THE REVERSE
      4,380 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      3566 16 X 2 RESORTS WORLD BHD. PROSPECTUS Total issued OUS commenced operations in 1986 and its principal activities consist of the provision of services for Date of No. of shares and pald-ap collection and disposal of garbage for the areas in the Resort and the operation of water supply system for
      3,566 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      3856 17 RESORTS WORLD BHD. PROSPECTUS > After the (x) The listing of and quotation for the new RWB ordinary shares arising from the exercise of the option are 22. DIVIDEND FORECASTS ITiEimi -> r IWtMBT- rsubject to the approvals of the CIC. The KLSE and/or SES. On the basis of the
      3,856 words
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      Page 18 Advertisements Column 1
      3003 18 RESORTS WORLD BHD. PROSPECTUS 2. SIGNIFICANT ACCOUNTING POLICIES 6 HOLDING COMPANY AND RELATED PARTY TRANSACTIONS ZjSiZ The Company is a subsidiary of Genting Bertiad. a company incorporated in Malaysia. Proprietor Property i I ii) Veatphis Sdn. Bhd 210 mils of Ria Apartments situated on The accounts have been prepared under
      3,003 words
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      Page 19 Advertisements Column 1
      2360 19 RESORTS WORLD BHD. PROSPECTUi Number Number Number Number Number Number of of of of «f of Name and addrem option Name mm! addrem options Name and addrem options Name and addrem options Name and addrem iptiin Name and addrem ipHm Cheah Ban Chuan Lau Pee Kcong Ooi Kim Tee Tan
      2,360 words
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      5059 20 RESORTS WORLD BHD. PROSPECTUS "•of Naakw Artie* 110 (b) TaSrilJaaotT<>«bdHaei<cali«eDi«vo(ltWß ad t DinclorofGlL. Mr. Lia Kok M A Director notwithstanding his interest may be counted in the quorum present ai any meeting where he or Thay being an executive Director of RWB and GIL and Mr. Lmi Chee Wah being
      5,059 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon A grand design for Low Keng Huat Construction
      731 21 HOCK LOCK SIEW GENERAL CORPORATION Bhd has grand plans for Low Keng Huat Construction Company (S) Pte Ltd (LKHS), having decided to acquire the company from its managing director and major shareholder, Tan Sri Low Keng Huat When the injection of LKHS
      HOCK LOCK SIEW  -  731 words
    • Article
      Lock icon KLSE to spend M$10m on central depository system
      335 21 Bernama THE KUALA LUMPUR Stock Exchange (KLSE) Is expecting to spend not less than Mslo million to get its proposed Central Depository System (COS) started, general manager Mohamad Salleh Majid said. The KLSE would also set up a joint-venture company of which
      Bernama  -  335 words
    • Article
      UP to pay M$19.6m for unit's assets
      182 21 AS PART OF a reorganisation, United Plantations Bhd has agreed to pay M 519.61 million for the main assets of whollyowned plantation subsidiary Syarikat Seri Pelangi Sdn Bhd (SSP). SSP owns and runs the Seri Pelangi Estate and palm oil mill in Perak
      182 words
    • Article, Illustration
      D & C Bank to suspend M$26m interest on problem loans
      617 21 D C Bank to suspend M$26m interest on problem loans DEVELOPMENT COMMERCIAL Bank, in which United Industrial Corporation Ltd haa a 20 par cant stake, haa decided to suspend an estimated additional intareat of Ms 26 million on ita non-performing loans in the current financial year ending Dec 31. 1969.
      617 words
    • Article
      COMPANY BRIEFS
      162 21 MOUNT PLEASURE Holdings Bhd said its subsidiary, SV Lee Trading Sdn Bhd, has entered into sn agreement with South China Sea Farming Sdn Bhd on the sale of 2,294 hectares (5,737 acres) of its cocoa plantation reserves in Kenlngau, Sabah, for Ms 4 million cash. It said in
      162 words
    • Article
      Ho family said to be selling a big stake in Sesdaq-listed Wepco
      395 21  -  COMPANY REQUESTED SUSPENSION IN TRADING OF SHARES WEPCO By KEVIN GWEE SESDAQ-LISTED Wah Chang Electro-Plating Ltd (Wepco)'a major shareholder, the family of Ho Rih Hwa, is said to be selling off a substantial portion of its stake in
      395 words
    • Article, Illustration
      Not true Shahzan Tower deal may be off: Guthrie GTS
      324 21 GUTHRIE GTS haa diamiaaed as unfounded Malayaian preea reports that its propoeed acqulaition of the prestigious Shahzan Tower in Kuala Lumpur may be aborted. According to the Malayaian Buaineaa Timee, the owner of the 40-etorey building Taraa Holdings haa been
      324 words
    • Article
      Jacks International posts $142,000 interim profit
      423 21 JACKS International Ltd. the engineering and manufacturing arm of Johan Holdings Bhd, has achieved a turnaround, with profit after tax and minorities of $142,000 in the first half ended July 31. 1960. This compares to a loss of $400,000 incurred in the previous corresponding
      423 words
    • SES
      • Article, Illustration
        Stocks drift lower as investors await US data, M'sian budget
        1074 22  -  by ABDUL HADHI THE SINGAPORE stock market fell further yesterday, with Malaysian issues enjoying a fair bit of activity. Ignoring gains in Tokyo, share prices drifted from the start. "Investors don't want to be caught by taking large positions before
        1,074 words
      • Article
        Unit trusts
        257 22 Mown'prtaM Royal UOB Management uwo? for Ocr 27 r S'pora Gf Fund 0 82 on TV* friM Fund lOct 20 USJIOl IT Aiia-foc Gf fund 1.GB M4 '/S Funds (USD Singapore Unit Trust OCBC-SIMBl Investment MARA-Bumlputra Company ia» k* Ttw Comwci 1.17 1.34 Savors Capital Fund IJ» l«
        257 words
      • Article
        COMPANY MEETINGS
        66 22 AUSTRAL AMALGAMATED TM BHD: 15th AQM at the PNB Theatrette, 2nd Floor, Menara PNB. 201 A. Jalan Tun Razak. ***** Kuala Lumpur, today at 3pm. ROBMSON AND COMPANY LTD: AQM at 170. Orchard Road, #05-05 Centrepoint. Singapore 0023, on Oct 30, Monday, at 12.30pm. DMB BERHAD 28th AQM
        66 words
    • Article
      SES SHARE INFORMATION
      6330 22 Q r'« Qr's 1<M Tel Last Vol Day Lmt Quote Dtv Dlv Y*M Not M Cap Mgh Low Codo Company Sala -for- ('000) High Low Buyar Seller Cvr P/E Smll OCT 26 m SESDAQ 2B0 120 I 4000 Amtek Eng 20* 272 2 28 272 271 271
      6,330 words
    • KLSE
      • Article, Illustration
        Mixed close in quiet trading
        3524 23 SHARE price* on the Kuela Lumpur stock market yesterday closed mixed to steadier as market operators nibbled at atocka in moderately quiet trading In anticipation of the budget Thia was in line with performances in some major overseas markets, particularly Wall Street. One broker deecribed
        3,524 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Tokyu holding talks to buy Bloomingdale's chain
        321 24 Agencies JAPAN'S Tokyu Department Store Co Ltd is negotiating to buy Bloomingdale'a department store chain but no decision has been reached, said Seiichi Okawa, head of Tokyu's public relations department. "If the price is too high, the purchase will not go through. The
        Agencies  -  321 words
      • Article
        Lock icon Fujitsu bracing itself to face united Europe
        170 24 TOWARDS 1992 FUIITSU Reuter FUJITSU LTD, the world's third largest computer company, is studying how to position itself in Europe ahead of the Single European Market in 1992, Fujitsu Europe general manager Kazuo Hisano told a news conference in Paris. "Fujitsu wants to
        Reuter  -  170 words
      • Article
        Lock icon Toshiba to raise US$2.9 billion in Tokyo, London
        309 24 Agencies TOSHIBA CORPORATION of Jspsn is planning to raise US$2.9B billion for plant and equipment by issuing new bonds In Tokyo and London next month. Toshiba said it will issue convertible bonds (CBs) in Tokyo worth 250 billion yen (US$l.7B billion) and
        Agencies  -  309 words
      • Article
        Hitachi's net earnings up 22 per cent
        104 24 JAPAN'S Hitachi Ltd posted a 22 per cent increase in net earnings totalling 56.5 billion yen (US$396 million) for the first half of its fiscal year compared with the same period the previous year, the company announced yesterday. Turnover for the period, ending
        104 words
      • Article, Illustration
        Lock icon Broadly higher close
        634 24 Tokyo Reuter THE TOKYO stock index flirted with a new record cloee before slipping beck to end broedly higher in brisk trade yesterday. Trading was sgain dominated by domeetlc demand sharee. Financial stocks, eepecially brokerages, led winners. The key 225-ehare Nikkei index surged 238.00 points or 0.87
        Reuter  -  634 words
      • Article, Illustration
        Lock icon Options lift shares
        469 24 Australia Reuter EXPIRING options in several leading stocks helped Australia's share market to climb yeaterday. more than compensating for some selling prompted by the release of September quarter Consumer Price Index figures, brokers said. The All Ordinaries Index finished 16 points higher at 1,648.7. Brokers said the
        Reuter  -  469 words
      • Article, Illustration
        Easier close in dull trade
        1218 24 Hongkong SHARE PRICES on the Hongkong msrkst closed easier In quiet, low-vol-ume trade yesterday. The Hang Seng Index lost 15.42 points to 2.601.18. "The overseas investors were staying on the sidelines, and local investors seemed to be reetrictIng themselves to speculation in smaller companlea." said
        1,218 words
      • Article
        Lock icon Taipei: Sharply higher close
        458 24 Reuter TAIWAN stocks jumped sharply at the opening and continued higher throughout the aeaaion on rumours the cabinet would cut the rate of a proposed stock transaction tax in a meeting yeaterday afternoon, dealers said. But government spokesmen declined to say if the tax actually would
        Reuter  -  458 words
      • Article
        Bangkok: Index edges down
        254 24 THAI stocks closed slightly lowsr In dull trade yesterday which brokers said was likely to predominate in the week ahead. The SET Index fell 0.68 point to cioee at 086.33. The exchange corrected Wednesdsy's Index figure from 660.07 to 687.01. Declines outnumbered gains 07 to 31.
        254 words
      • Article
        Lock icon Seoul: Lacklustre trading
        270 24 Reuter SEOUL stocks closed little changed after a day of lacklustre trading yesterday. The Composite Index fell 0.69 point to cloee at 809.12. Turnover was 122.7 billion against 117.26 billion on Wedneeday. "One depressing factor was that rumours of a government plan to announce market-boosting measures proved
        Reuter  -  270 words
      • Article
        Lock icon New Zealand: Higher
        129 24 Reuter NEW ZEALAND shares partially recovered yeeterday after Wall Streetinspired weakness, with the performance of new-ly-listed Air New Zealand shares underpinning confidence. The Barclays Index finished 19.03 points higher at 2,110.17 after falling 74.42 points the last two trading days. Air NZ finished up 11 cents at
        Reuter  -  129 words
      • Article
        Lock icon Manila: Mostly lower
        179 24 Reuter PHILIPPINE SHARES fell yesterday in the absence of a strong lead from Wall Street, and analysts said local inveators took a pause from buying after days of supporting prices from foreign selling pressure. The Manila Stock Exchange Composite Index rose a slight 3.81 points to end
        Reuter  -  179 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Late selling brings Dow down
        917 25 New York Reuter DISAPPOINTMENT over the US stock market's inability to recapture ground despite several rally attempts prompted a lata session selloff that caused blue chips to end lower on Wednesday. However, the broad market closed ahead for the first time this week. "We couldn't
        Reuter  -  917 words
      • Article, Illustration
        Lock icon Marginally easier opening
        834 25 London Reuter SHARES on the London market opened marginally aaaier yesterday morning, though a third of the FTSE 100 was unchanged as the market continued to suffer from a fundamental lack of investor confidence. "There's no interest at all out there. Wall Street's volatility and the growing
        Reuter  -  834 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1307 25 AMBTERDAM:Dutch sharee barely reacted to the 1230 GMT releaae of the preliminary third quarter real US GNP for Sept. which at a riae of 2.5 pet came in unchanged from August Blue chips continued mainly softor PARIS: THE French stock exchange aaaodatlon cleared a proposed bid by
        1,307 words
      • Article
        Lock icon Philips to float 20pc of PolyGram
        137 25 Renter DUTCH electronics group NV Philips Gloeilampenfabrieken la planning to float 20 per cent of recording unit PolyGram International In a worldwide public sale. Board member Harry Appelo told a news conference a preliminary prospectus for the proposed sale would be filed with the
        Renter  -  137 words
    • Article
      Lock icon Malaysia to increase 1990 spending levels in Budget
      458 26 UNEMPLOYMENT RATE STILL WORRYING AFP MALAYSIA, riding three years of high growth, will raise spending targets for the new year when Finance Minister Daim Zainuddin presents his Budget to Parliament today. Analysts in Kuala Lumpur said yeeterday that the increased expenditure would
      AFP  -  458 words
    • Article
      '100,000 Hongkongers may get UK right of abode'
      505 26  -  By FOO CHOY PENG, Hongkong Correspondent A SENIOR British government team is now in Hongkong to iron out details of a right of abode package for some of the colony's key people. The three-man team comprising senior officials of the British Foreign
      505 words
    • Article
      Lock icon 'HK can build airport without land fund'
      243 26 Reuter HONGKONG does not need to dip into a special multi-billion dollar "land fund" to build its propoeed new airport, cargo port and highway network, Governor Sir David Wilson said yesterday. China has objected to the use of the fund for these purposes,
      Reuter  -  243 words
    • Article
      Lock icon Deng calls for 'new stability' in world relations
      361 26 AFP Reuter SENIOR Chinese leader Deng Xiaoping yesterday called (or "new stability" in world relatione in the wake of detente between the US and the Soviet Union. "Apart from having to establish a new economic order, we should also establish a new
      AFP; Reuter  -  361 words
    • Article, Illustration
      Higher standards see only five advertising gold awards won
      404 26  -  By SANGEETA MULCHAND AN EVEN SMALLER harvest of golds was rasped this year at the 1989 Creative Circle Awards, the advertising industry's Oscar night, as stsndards soared. Only five gold awards wsre given out Isst night at the Shan-gri-La the lowest
      404 words
    • Article
      Lock icon Guerilla drive to force peace talks
      270 26 AFP, Reuter THE PHNOM PENH government's loss of the western gem-mining town of Pailin has opened the way to a guerilla drive designed to force new peace talks, a resistance general said yesterday. "We will try our best to go to Battambang, to Siem
      AFP,; Reuter  -  270 words
    • Article
      Lock icon Five Gulf states planning major rise in output capacity
      381 26 Reuter THE BIQ FIVE Qulf oil producers, flush with unexpected oil profits this year and encouraged by proepects of greater demand in the *****, are planning a major rise In output capacity. Oil industry sources in the Qulf said Saudi Arabia,
      Reuter  -  381 words
    • Article
      Lock icon Greenspan says zero inflation possible
      426 26 Reuter US FEDERAL RESERVE Board chairman Alan Qreenspan said on Wednesday that he supported a proposal to bring US Inflation down to zero over five years but added that the goal could not be achieved without some coets to the economy. Mr Qreenspan told a
      Reuter  -  426 words
    • Article
      Lock icon UK, Brunei reach £250 military deal
      123 26 AFP BRITAIN has reached a £250 million agreement with Brunei to sell it 16 ettack and training aircraft and three corvettes, Jane's Defence Weekly reported on Wedneeday. The government-to-govern-ment accord waa signed on October 17, the specialiet weekly said, quoting industrial sourcee, but no
      AFP  -  123 words
    • Article
      Lock icon Comex gold and silver
      96 26 Reuter COMEX gold futuree were little changed in slow early trade yeeterday. Commission house buying on the overnight markets supported valuee initially, but dealer selling gave back much of thoee gains, traders said. The brief sell-off emerged as third-quarter Qross National Product figuree were released, showing
      Reuter  -  96 words
    • LATE FILE
      • Article
        Lock icon Compaq earnings disappoint
        38 26 Reuter SHARES of Compaq Computer Corp were poised to open sharply lower In Now York •mid disappointment In the firm's third quarter earnings report which was inflated by a 33-cent-e-shsre one-time gain, traders said. Renter
        Reuter  -  38 words
      • Article
        Lock icon Bulgarian police beat dissidents
        24 26 Reuter BULGARIAN police kicked and punched leeders of the country's Eco-glasnoet group in Sofia yesterday and detained 15 others. Router
        Reuter  -  24 words
      • Article
        Lock icon Seoul's defence self-sufficiency
        58 26 Reuter SOUTH Korea believes that by 1096 its armed forces could defend the country alone against an attack from communist North Korea, without US support. A Defence Ministry spokeeman said that South Korea would achieve self-sufficiency in defence by 1996 If it continued spending 5 per cent
        Reuter  -  58 words
      • Article
        Lock icon Bills to kill tax submitted
        32 26 Reuter JAPAN'S four Opposition parti** submitted Bills to Psrlismsnt's Uppsr Houss ytstsrdsy to kill sn unpopular salsa tax sponsored by Prims Minister Toshikl Kai- fu'a ruling parly.
        Reuter  -  32 words
      • Article
        Lock icon 'Family must accept guilt
        36 26 AP FERDINAND Marcoa' family must not only rsturn ths billions the ists prssidsnt allsgedly smbszzlsd but also accept guilt for crimsa committed during his 20-year rula, Prssidsnt Corazon Aquino said ysstsrday. AP
        AP  -  36 words
      • Article
        Lock icon Plane crash in Taiwan
        44 26 AP A CHINA Airlines' Boeing 737 carrying 56 people on a domestic flight craahed and burned yeeterday on a rainswept mountain in eaatern Taiwan. All aboard were feared dead. All on board were Taiwaneee except for a US businessman. AP
        AP  -  44 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      984 21 RESORTS WORLD BHD. PROSPECTUS Save as disclosed above, no commission, discounts, brokerages or other special terms has. within the two (c) Reconstruclloo Agreement (relating to transfer and acquisition of shares) dated 30th August. 1989 (ii) The consent of the Auditors and Accountants to the inclusion in this Prospectus of theirjiame,
      984 words
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      Page 21 Advertisements Column 2
      15 21 Keep your investment decisions on target CHARTPOINT Every Saturday hi BTs weekly Personal Investment pages
      15 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      388 24 BANK NEGARA (Acting through its Cayman Islands Branch) U5525,000,000 Negotiable Floating Rate US Dollar Certificates of Deposit Due 4 December, 1992 In accordance with the provisions of the certificates, notice is hereby given that with effect from 16 October 1989, istttuto bancario san paolo di Torino, Singapore Branch has been
      388 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      20 25 Check it out in The New Paper Fostods. Get your copy today! iHI WBSbdsl Th> Employment I Gasified Section I
      20 words
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      Page 25 Advertisements Column 2
      807 25 UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Appticationa have been made to the directora of the abovenamed company to isaue duplicate share certificatea in place of the following share certificates which have been reported lost or destroyed: No. ofaharee Certificate No. Name of SI
      807 words
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      Page 25 Advertisements Column 3
      435 25 COMPANIES ACT. CAP. 50 STRATEGIC RECRUITMENT PTE LTD SPECIAL RESOLUTIONS Passed on SO day of October IMB At an Extraordinary General Meeting of the Company held at 9 Penan*? Road #12-00 Supreme House, Singapore 0923 on 20 October 1969 the following Special Resolutions were passed: It was RESOLVED: 1 "That
      435 words
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      Page 25 Advertisements Column 4
      753 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF ORELUBE MARKETING (SINGAPORE) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of ORELUBE MARKETING (SINGAPORE) PTE LTD duly convened and held at 37 Upper Dickson Road, S'pore 0820 on 19 October
      753 words
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      Page 25 Advertisements Column 5
      778 25 THE COMPANIEB ACT CAP. 80 PACIFIC STAR EXPORT TRADING (8) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 10 Anson Road, #13-12 International Plasa, Singapore 0207 on the 24th day of October, 1969, the special resolution
      778 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Chile's copper shipments unaffected
        88 27 Reuter CHILE'S copper shipments were not affected by a series of brief wildcats strikes at Chilean ports from Friday to Tuesday, officials said. The Chile Copper Corp (Codelco) said none of its shipments were delayed. "We have met all our commitments on time," said Marcelo Villouta,
        Reuter  -  88 words
      • Article
        Lock icon Made in USA Philippine gunboats
        108 27 AFP THE PHILIPPINE NAVY has contracted a US shipyard to build five gunboats at a cost of US$2.l million each, navy spokesmen said in Manila on Wednesday. The New Orleans-based Halter-Ma-rine Equity Shipyard beat out three other US shipbuilders for the contract, the spokesmen said.
        AFP  -  108 words
      • Article
        Lock icon Alaska bars tanker from offloading
        77 27 Reuter ALASKA HAS BARRED a Unocal Corp tanker from offloading nearly 15 million gallons of crude oil because the firm does not have an oil spill contingency plan. Alaskan State environmental official Joe Sautner said the Sansinena II was anchored in Cook Inlet, which runs
        Reuter  -  77 words
      • Article
        Lock icon W German carrier in distress
        67 27 Reuter A WEST GERMAN carrier and a Panamanian tanker collided on Wednesday in the Mediterranean and initial reports suggest at least one of the ships is taking in water, Lloyd's Shipping Intelligence said in London. The 3,050 dwt Blankenese, registered in West Germany, issued a
        Reuter  -  67 words
      • Article
        New tanker for Navix Line
        81 27 NAVIX LINE, Japan's leading tramper and tanker operating company, is to order a 260,000 tonnes deadweight tanker backed by a contract with Mitsubishi Corporation, the leading trading house. According to Lloyd's List Navix will place the VLCC deal with Mitsubishi Heavy Industries Ltd for the
        81 words
    • Article
      Surveillance of shipping conferences
      128 27 AUSTRALIA'S Trade Practices Commission is determined to maintain its surveillance of shipping conferences and waterfront reform despite possibly having to abandon other major work because of a severe shortage of funds. It listed investigation of major company mergers, along with more routine matters as activities which
      128 words
    • Article
      Index to advertisers
      1135 27 Pag* CohMM AtC Conloinortino Elovon 5 Accord Saw Eight 3/4 AJbolros Soo-Air Savon 5 AMrod C TMpfar Thirtoon S AhronkU Uw TmIm 5 AFC Una W 5 ATI Fivo 3-5 AIS TKirissn 3 Arrow Lino Bovon S Aston Express Ton 2/3 A cWorohousing Thirl— S A Hoi
      1,135 words
    • Article
      Green Peninsular to take over Malaysian agency for Evergreen
      309 27  -  By ZULKIFLI ALWI A NEW SHIPPING AGENCY, Green Peninsular Shipping Agencies, has been formed to take over the Malaysian agency for Taiwanese container giant Evergreen Line from Chergas Marine. Shipping sources said the new agency will represent Evergreen from November when
      309 words
    • Article, Illustration
      Senator Linie goes for bigger slice of RTW market
      490 27  -  By RAHITA ELIAS ROUND-THE-WORLD (RTW) operator Senator Linie, which is in the midst of nearly doubling its fleet capacity, is out to get a larger cut of the RTW market. The fast-expanding German line is also likely to increase the frequency
      490 words
    • Article
      Industrial commission rebuffs APA actions
      348 27  -  By JOHN SPIERS Writing for Shipping Times from Sydney ATTEMPTS by Australian Port Authorities to muscle their way into waterfront reform negotiations between stevedores, unions and the federal government, have been rebuffed by the industrial commission. Abuse exchanged between the various parties emphasises the fragile
      348 words
    • Article
      BOT scheme being considered for PPA port project
      296 27  -  By AL O LABITA, Jr Writing for Shipping Times from Manila THE STATE-RUN Philippine Ports Authority, PPA, is thinking of getting a privste firm to take over the proposed port expansion project in Batangaa province, south of Manila. under a build-operate-transfer (BOT)
      296 words
    • Article
      Bunker market report
      541 28 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmsc limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 984 0.2 13.2 0.04 7 0.02 180 Max 994 1.2
      541 words
    • Article, Illustration
      Lock icon BFI nears peak, but new record may not be reached
      371 28 Reuter STRONG SOVIET demand for ships is pushing the Baltic Freight Index (BFI), the barometer of dry cargo freight, toward its 1,751point peak set in May, but the market is not convinced a new record is in sight. Dealers on
      Reuter  -  371 words
    • Article
      Lock icon New ship equity financing gets cool reception at the City
      1240 28 While still considered one of the great shipping centres of the world with a strong ship banking presence, the City of London is not high on the list of places providing the new equity side of shipping finance. Despite the
      Lloyd's Shipping Economist  -  1,240 words
    • Article
      Container schedules/Ships in port
      2199 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Goto Agown NM 19-WI 2910m 1800 27/2300 27/2230 Doc to 2 N3 00 801 worn ***** NA 2 AlAtaaodh* m 27 10» 2300 27/1330
      2,199 words
    • Article
      Lock icon Japanese ship owners to hire foreign crews
      180 29 AFP THE 70,000-MEMBER All Japan Seamen's Union has agreed to a ship owners' proposal to allow Japanese-flag ships to be manned with mixed-na-tionality crews, a union spokesman said on Thursday. Yamato Matsuoka, chief of the union's ocean-going division, said the agreement with the
      AFP  -  180 words
    • Article
      London Freights
      896 29 GRAIN freight rates on Wednesday remained firm for loaders in the US which helped to produce another double figure advance in the Baltic Freight Index to 1,624, up 12. Brokers said two light grain cargoes were covered from Mississippi to Holland on a lumpsum baa is, with one
      896 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7519 38 Naraata SharMh. Noraala LMa. OM SO M Ma. CMna Ocaan Shpg. OM 30 MM. mmgikl. OM 2Srttov 1. tMandto. ScanOutcht. Oct SO fetor Ola amy. Evargraan. OM 31. kfndon Eipraaa Trtot. No* I<PIQ. 1, Trtot. Not 2. Ca Ha. CMna Ocaan Shpg.
      7,519 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      48 27 "The illustrated Encyclopedia of Wildlife" PfMMMRW Fortnightly *t all good bookshops STP /Jsi3\ Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vj&giffc} Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAO
      48 words
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      Page 27 Advertisements Column 2
      90 27 ■ugujSl A lively ■SSBSQH ~L SsSSSS way with wm wwds AvmMabta at a* good bookahopa PutoMcatton# |v ©Jk^ QUffolliioloHik&nsfcl JRSJIHhIhsbI *'j? a f «P *\> *3«& r- Y) jjj "/^5*/„^•"'^S^t *3* 'S V '^'iy'>^ r w/sn r >- J ...~T*^]v' -^aSg**3s^v%fe»*fra6 r :->-■„ Hi ffi Til 'iflCM'li i "~i i
      90 words
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      Page 27 Advertisements Column 3
      205 27 INSIDE Not easy to get equity financing WHILE STILL considered one of the great shipping centres of the world with a strong ship hanking presence, the City of London is not high on the list of places providing the new equity side of shipping finance. Equity raising exercises are still
      205 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      141 28 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. OCT 27, 1989 LEGEND R ThurxJerstorm Temperoture c /C\ Weather Wmd direction «mth speed m knots ee Ron A ci. Wove height Cloudy Sky Serfocs wmd% ore mdicoted by arrows which fly with the wind Oneful irete represents cotm or light and
      141 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2103 29 JARDINE shipping uaaa Mni \ll|f/ 200 Cantonmant Road #12-05 Souttipoint, Sinppora 0208 "II" Trt *****11 TELEX MO RS ***** W FfZXTXII TERMIHAL/CFS Tel *****18 220 P COOO3 *1 BOOKINGS Tel *****34 235 L3WLJ «SAKA JARDINE SHIPPING AttNCIU SON BHD PORT KEIAN6 TEL *****18 Tatai No. MA394 7««A»701 u-jilted K, cj»ciiiy
      2,103 words
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      Page 29 Advertisements Column 2
      2400 29 VMM< VO, Tt> I€ TO -Port Sangapoft DESTINATIONS I ThM «Mt Marcfcan M Closing Tim# r»»dn by CY 31/10 o*oo MRS M Faroe CPS »10 HOP HW3 M T»uro I OAK ILQB MARCHES M WlO 31/10 1/11 SU 28/10 18/11 20*11 22/11 23/11 25/11 28/11 29/11 1/12 1/12 2/12 Vl2
      2,400 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1047 30 ROTTEROAM/ VOY NO S POKE P KELANO SOUTHAMPTON HAMBURG BBEM6RHAVEN ANTWERP LE HAVRE LONDON EXPRESS 06/581 1/11 3/11 21/11 23/11 25/11 26/11 26/11 KABUGA 1 06/507 2/11 28/11 22/11 24/11 20/11 27/11 BONN EXPRESS 04/562 8/11 10/11 26/11 30/11 2/12 3/12 B"2 CARDIGAN BAY 92/509 0/11 4/12 29/11 1/12 27/11
      1,047 words
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      Page 30 Advertisements Column 2
      485 30 NORTNBOUNO TO UKC PO« RO«AIMM NRG MUU. (U.K.) IVYRANK V OH tyll 4/U H2 OU TAUSALA SAMOA V.ION l/U J/1 l£ JZI CLYDEBANK V-27N 38/12 29/1 5/1 4/2 'Mm AmpM* FCL to ir f 'i i/Ti T I P IT 1 1 SOUTHBOUND TO PAPUA NEW QU0BBMA"~~1, (ASIA-SOUTH PACIFIC JO#fT
      485 words
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      Page 30 Advertisements Column 3
      1335 30 1 El sm&M&MM susxw REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA 9 (VIA (VIA (VIA NORASIA SHARJAH BS3I-3 2S/10 1/11 14/11 IS/11 21/U 24f1l 26/11 27/U 21/11 S *yii NORASIA MUBARAK SS32-3 3(11 7/11 20H1 25 11
      1,335 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1513 31 ffjg Steamers Maritime Holdings Ltd W« P&O n STRAITS SHIPPING-] Containers M gja*"'* rpm P.Mmf S'tn R*lwß ItMirti Lak LtMMM EXPRESS l/U «|U fl/11 B»U Wll MfU WU u c nnrrtw i at/11 qii tw wi «i wi accepts cargo out sails torn anas am mi aiu am B/U aru
      1,513 words
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      Page 31 Advertisements Column 2
      1362 31 TO: EUROPE TO: FAR EAST m BMI mi. ~r n 1 S««f HK KAO BU NANJIN LEHAVRE OMW 04/11 22/U 23/11 24/11 2t/ll Vlll CMOYAM6 PARK M W W "W HAN N mxKmi 5 Ml E S S S HAWW OAKLAMO «A 1 W W1 1«1 CWAWCMRKWW urn 2u SSi
      1,362 words
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      Page 31 Advertisements Column 3
      28 31 REGULAR SERVICE TO KARACHI S PORE LOADING FOR HUA HE Vlll 2900 KARACHI Ag»w>r SMWUSAWA MCSHM N.T.V. TftAMSPOMTATION CO. (rr<) LTD. T«t 223M22 Tkr Rt 21«11 Fit 229*534
      28 words
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      Page 31 Advertisements Column 4
      360 31 ■■^sbhhhhhhbbiiib^ STRAITS/ JAPAN/ STRAITS SERVICE W SPECIALIST IN RO-RO HEAVY LIFTS! VESSEL KOGGEGRACHT AMBALIKA COSMIC I TRADER VOY. NO. 5 52 4 I Sport 3/11 5(11 13/11 I P. Kelang 6/11 13/11 IS/U I Penang Hong Kong Yokohama 29(11 Nagoya 27/11 I Osaka I i Sonboku 23/11 I Funabashi I
      360 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      759 32 f(u» ■buhM I «AWIANmVICK Singapore Loading for:- IRAN MEELAD PJL 712 Sailed BANDAR ABBAS IRAN TEVFOURI PJI TO. WW BANDAR ABBAS I MMiaMijML Bug mviCE (B7 BULK CONTAINER) ETA SPORE GUAM SAIPAN I 3EMBII .Y? 3-4 NOV 1( NOV 17 NOV WAWaE- V 3 NOV 12 DEC 13 DEC I
      759 words
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      Page 32 Advertisements Column 2
      846 32 (g) HAN JIN SHIPPING FULL CONTAINER SERVICE I S port I L(Havre R'Bm Hlerg B'heven FMmm ItK« ml L w HAUt HANJIN U HAVRE 004W 4/11 23/11 2VII 2MI 27/11 CHOTAJK NMM n m N HOMO M m, HANJIN HASAN OUV 11/11 29/11 30/11 1/12 W 4/12 MAMJIN OMOANO M
      846 words
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      Page 32 Advertisements Column 3
      1061 32 ——I a iiinrij, rluiiAl, wmuw Ji t igyp d-1 eT"T3=P^R 'I 5 I ill ll|g i t hmS I I ALSO ACCIPTI C CA CO T I I I "KM... I I I ■neruere. OMMO. aman. rmiMui a ana mtm .unlaw botwatum I ■MWlCTBroiMUiS^r^»vmaßWTßTgWj^jaii:cfM<kjj»W>l.l iPiraw^—J I mr*o.eamy rn» am am
      1,061 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1253 33 PACIFIC INTERNATIONAL LINES (PTE) LTD Jv JHV p 'L Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 I FAR EAST I VESSCL VOY 8M JKT WV VOY HKQ YOK NQO KOB BUS KM "AO MAJAPAHfT 4UI SU> SLD M FT 40MB VII 10/11 11/11 IVII 10/11 10/11 20/11 oowa
      1,253 words
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      Page 33 Advertisements Column 2
      656 33 iSBSppHB^^ rroM p ham rron wa rtuw* »oam haw* I \jmtm bprav W »l D/U «1 Wl Ml «1 1 «m« i loi— iw w w «u wi I m» bar*M vu mtu mi am zrn vu vu I CarOp»B* ¥11 <D IfU W W NO I b mi urn
      656 words
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      Page 33 Advertisements Column 3
      325 33 3«rvic»Ot: I P.T. •JAKARTA LLOTD P.T. CESUM UOYD P.T. SAWKM MMMEHA F T. TKtKOM LLOYB STORE A'OAM/R'DAM N' BURG/ BREMEN ANTWERP -KUTAT V 11-WB SOI 2101 l/U VU MTU "TBN" IVU W2 NO IN I/U U BONTANG" V»-*B 2/12 H/U 4/1 1/1 M/l to Inducwnent Alao accapMng cargo la Caaafclawca.
      325 words
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      Page 33 Advertisements Column 4
      491 33 tarn myanwia FIVE STAR LINE (Burmese National Line) Loading for Yangon (Rangoon) S'pofe P.Ktlang Pwiang Bwufcok •HPA-AN VM*r 23/21 OCT PAGAN VI47W U NOV 28 NOV PATHCIN W 2527 OCT OCT TXSCH ONLY i THE BANK LINE I I EXPRESS TO PAPUA NEW GUINEA*") COLUMBUS SINGAPORE V2S NORAYBANK VI4S 16/11
      491 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1276 34 MjUj VOY INOO 'PK/PHG [SGP LB CHLS NFK NYC HfX OOCL FORTUNE 17 30/10 31/10 2/11 25/11 5/12 7/12 J/12 13/12 AMBASSADOR BRIDGE 25 C/ll 7/11 J/11 2/12 12/12 14/12 11/12 28/12 H NEPTUNE GARNET 23 13/11 14/11 11/11 J/12 IJ/12 21/12 23/12 27/12 OOCI FAI 17 20/U 21/U 123/11
      1,276 words
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      Page 34 Advertisements Column 2
      672 34 EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Support P KoMnt Ptn»n( Load** tor Mottor VX By Footor By Foodor TULSIDAS *.44 I Not Frwi/Mrib/Sydn/AM KALI DAS V.4t lOk 27 Nov 27 Nov From/*Mb/S»*VAdol TULSIDAS V 45 It tec 12 Ok 12 Ok From/*tob/S»d»/*tol KALI DAS 47 1) Jon U Jan 13
      672 words
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      Page 34 Advertisements Column 3
      526 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD IT NJ 23 Totto Aye Street V SINCAPORE 0104 TEL U4JM (It LINES) F« U4»M fflffiss^aLsr 1 GUANC SHU I Huanfpo Ston(ho< a/a Oct DAI VUN SHAN Huonpu/Stonctoi 27/21 Oct Z LBWUI B»»o» to Z *Qr_l /^r rfrinr THE PEOPLE'S REPUBLIC OF CHINA
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      670 34 B VESSEL I ETA SINGAPORE DESTINATION f TBN va 12/11 DUBAI. DAMAN, KUMMT. I I" 17/11 DOHA, MUSCAT, BAHRAIN ABO DHABI A SHARJAH *11. IVU JEDOAM (LCL) NEEKLY I I AQABA HOOCIDAX I s x 1 i™ 38/18. 4/11 COLOMBO. Karachi, bombay. B I MADRAS. CALCUTTA ■N. HARVEST 1/11 |cMITTACONC
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      1283 35 WTU* KOKCS HI. LIB. i yi f ■WtKSWM. If S Snj Mm y» isr S3 aS *****19 27*116 H HHH C no. ZLJZZ \neptune orient lines ltd p r T BuSTff™ I I m VM7VO* LKH FU BOM HAM BGPFOB VBL/VOTBGPKG IW Inx VBIWOT PEN PEG 9GP MOTHEB VBL/VOT SGP
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      890 35 <fc SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PBMMB p nUM ■CSSM MAI TMONG SNIPPING 127 PwmtStrart. Matayu «S HANDLING SYSTEM CO SDN BMO
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      657 36 /—m ■dsr^KS^i INTEGRATED CONTAINER SERVICE m MEMBER OF EACOM SERVICE to EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND SIN I ICA I ANT I RDH I MSG RST, tUEBELANO Vt/» 21/10 14/11 24/11 24/11 20/11 21/U iZwENDA JW \ju~ 14/12 25/12 25/12 20/12 01/ M I HO IMNACA: ACCEFTIMS CAROO
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      Page 36 Advertisements Column 2
      961 36 UUGOLIINIkJA 1 j VtSSU SPORE Pg PNC BEL LOAQ4N6 FOR UKA I 5 NOV I NOV 10 NOV 12 NO* Atoiandnt. Bwut/Tn*fc. Mwo. P. S«d. UnMrt LKIaU. Omnt, Istanbul. Sow HRVATSKA 10 NOV 13 NOV IS NOV »r«U. Tf**. RIJCKA 20 NOV 23 NOV 25 NOV 27 NOV AdniUc t
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      Page 36 Advertisements Column 3
      134 36 Eonterm! GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment, Ooor-to-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. ••PORE TEL: *****33 FAX: ******1 P. KELAMQ TEL: o>-7«***** FAX: 82-757X71 MANILA FULL CONTAINER SERVICE VESSEL |VOY [SING I MANILA LUCKY HOVER
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      513 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELIINDAH 2910.89 31.10J9 PANJANG PK. BALAM NAGA JAYA 30.10.89 31.10.89 PANJAN6 LAMPUNG JAYA 30.10J9 31.10.89 SEMARANG/PANJANG PINANG JAYA I.UJ9 2 11.89 PANJANG/PK. BALAM PERITA JAYA 30.10.89 31.1089 PANJANG/JAKARTA ABAOI JAYA 27.10.89 28.10.89 PANJAN6 PERITA
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      Page 36 Advertisements Column 5
      461 36 asean pQRTS JENLINK ia» Fr. Ir p. Mor 30 THANA aw 427W Sat a/a Tin H/M 1 HYA »WUM 1H W* 1/U Sot 4/U~ JENiINK law Frt yu Mm PCJA HUM gw Frl 1/11 KIT! WIW IN Sun SAI V«ri 1/11 piya awm law iNd tiu s« 11/11 AM HUM
      461 words
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      864 37 IIvESSEL VOY SINGAPORE KHF/DUBAI KARACHI 1 ■tANKA SRIMATHI 71W 03/11 14/11 I ■IANKA SIRI 130W 19/11 I ■IANKA SIRI 131W 02/12 I ■LANKA SRIMANI 72W 03/12 15/12 I ALSO ACCEPTING CARGO (FCIACL) FOR:- I I A) M PORTS I MADRAS ;TUTCORIN .COCHIN MANGALORE BOMBAY I I B) ARABUN GULF PORTS
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      361 37 nr. r I Ml nunMAH minpiMC LINE I (national lm of Ethiopia) I ACCEPTING FCL AND CONVENTIONAL I PCN/FKQ ETA LOAOtMQ fO* MV ANOINET Vn OAMESSALAAM MOMBASA DJIBOUTI VOVmSa AS&AB MASBAWA. HOOCOAM ABBAY WON 2 »12 DABCSBALAAM MOMBASA DJIBOUTI VOY 22W8 ASSAB MASSAWA HOOCIOAH j Q KIEN HUNG LINE FULLY
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      1116 37 < m > CRYSTAL FREIGHT Ur3 SERVICES PTE LTD TEL: *****M/223M22 HONGKONG/ CHINA 30/10 ft 4/11 BANGKOK 30/10 A 3/11 P. KELANG/PENANG 3/11 A 10/11 BUSAN 30/10 ft 2/11 KEELUNG/KAOHBIUNG 20/10 5/11 MANILA 30/10 A S/11 JAKARTA 4/11 A 11/11 SYDNEY/MELBOURNE 30/10 A 3/11 FREMANTLE 1/11 A 15/11 PORT MOREBBY/LAE
      1,116 words
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      Page 37 Advertisements Column 4
      372 37 BAY OF BENGAL SERVICES vessels ray sin baa cal mi CALABAR 78CNB 2S/10 4/11 TIGER BAY 85N 30/10 6/11 LEUVE 9113 2/11 7/11 11/11 SUSAK 86N 4/11 11/11 CALABAR 79CNB 12A1 18/11 TIGER BAY 87N 13/11 20/11 LEUVE 9114 15/11 20/11 24/11 SUSAK 84N 18/11 25/11 METNAM SSrVICES RORO/LOLO SERVICES
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      220 37 |T0 AUSTRALIA/NEW ZEALAND Hit Wl Itupunl r iMililfclto— |Mt ■|j tot antss n;* ~iml "Sfii I*ll vu iiJS moi II lS m ~aai i/u fu 15u wu aru Hmusu m i/i in ~w Tsj mn on lie vtwuit m "an "Si "in ~m w I 1* DATS TO STDNET! ■TO
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      649 38 lEHFOCEMSeruice JS j LCL/FCL SERVICE TO/FROM f /Ji| «Ll* opefctM o**f 600 t»rmtnab/offio«t in U.s>. UmP i% M CSF oHwr,li,Wl LCL/FCL sorvicss 1m G n r Agents: —772AA/S-ZJA//<— ft/? PENANG KL: ALLIED-LINK SINGAPORE: Mk 04-*****2 *****8955 778 6522(22 linesi SEFA W MviMOnt tan Nt/ChrMim CMm Glain* T«o/Esttwr Y9 transintra •ipptng
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      Page 38 Advertisements Column 2
      300 38 EXPRESS SERVICE TO/from CHILE Jgo "<•« Noma wssa m toko mica iqq ahtof valp mi en CUV 1 yu C. MATATO UN Mftl 2701 in VI m Ml aire hszjr CARGO FOR PUNT A ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Singapore *****00 K. Lumpur *****250/1, *****19, Bookings
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      661 39 2 NCfcjCl COMPANIA PERUANA 5 vBEfIL DE VAPORES K m Y** "PERUVIAN STATE LINE" 1 W ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM I 4 CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* (k p| WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. J df Perving* P. Kelang Singapori Zk KAMALEVERETT Gdn.K2B/2t
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      639 39 FULL CONTAINER SERVICE kcmMm FCL/10. cargeee te USA Eaet Weet ConL Carrihbexi.EMt Canada, HAITI tarimla *nd Hendurn I vsl p foat Riainlinui [lax Ikst [say myc jwrx I ZM GUAM S/10 Ml NCWYORK WU ifU Jp2 |W2 &2/12 A. VESSEL *IU m IOCRIA |VU 14/12 17/12 1902 bI,U im SINGAPORE
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      569 39 SING KWANG HANG I SHIPPING TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE [VESSEL [SPORE [JAKARTA ISURABAY^TI JENHOL 139 28/10 31/10 U VESSEL 1/11 4/10 [visSEL [SPORE [BANGKOK A VESSEL 31/10 3/11 IAVESSEL I 4/11 I 7/11 DESTINATIONS ETA SINGAPORE PORT KELANG 3 NOV MANILA 3 NOV HONG KONG. ALL CHINA PORTS
      569 words
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      516 39 PERINTIS LINE i WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA HA ETD ETA ETD PRASETIA 36-37 A 28/10 29/10 31/10 31/10 PRABHAKTI 306 309 A 31/10 1/11 3/11 3/11 PRASETIA 38-39 A 4/11 5/11 7/11 7/11 PRABHAKTI 400-401 A 31/10
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      441 39 HI FMIAH 29/10 KEELUNG/KAOHSIUNG 31/10 BANGKOK 3/11 MANILA 5/11 JAKARTA 4/11 PORT KELANG/PENANG 2/11 BUSAN 31/10 TOKYO/YOKO/KOBE 1/11 HONG KONG also aca spti cargo I to Huanepu Sheruhen/Fuzhou, Xiamen/Xingang/Shanghai SIR ESMPE/IR 4/11 LDN/FLX/LVP/SOU 4/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Potend/Butgana/Czech. HE 811 30/10 LA./NYC/SFO 30/10 VANCOUVER/TORONTO/MONTREAL Hi
      441 words
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      1178 40 —HMgiiiiMßi MERCHANT MARINE CO., LTD. HEg33BE332BHH EA3TBOUND TO USA WESTBOUND FROM USA ITO PSW aw HKG IBH OAK SEA FROM P3W LBN OAK SEA HKC SIN HYUNDAI PIONEER 27E 27/10 02/11 2*ll 24/11 2C/11 HYUNDAI COMMANDER 11* 02/10 05/10 M/ 10 2»/li «2/U UUMWA 27E 03/11 O*U 27/U 30/11 03/12
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      900 40 I te JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POBT KELANG 27/18 A Jfll MANILA Mflt E ptNANG vlO $11 tusAN yu t m BANGKOK 2110 ft Ull TOKYO 2/11 A 7/11 HONGKONG 2/11 t Sftl KOK 2/11 7/11 CHINA
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      Page 40 Advertisements Column 3
      464 40 lit UK/CONTINENT (TRIO) \*m* PUMI Istv HWI rimw r«H ut rTitiTi?r*"*"' c ycrl lonoon exmqs mi vu a/u am am mi a/u Tvi i.. •n om. L SSSTffi [I #11 SS 1 ffi =54SS—MEDITERRANEAN MED CLUBI* JEDDAH MHH QASS ALTAI* iiJ" M> IMMIBWHI "IAI 00?*" HJz SS ll- w 281
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