The Business Times, 1 November 1989

Microfilm: NL16864
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/8* WEDNESDAY, NOVEMBER 1, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    243 1 Dow up WALL STREET gained ground in active trading early yeaterday, with the Dow Jonea Industrial Average jumping 10.66 pointa in the firat five minutea of trading on the New York Stock Exchange to stand at 2,614.14. AFP Footsie up LONDON share pricea were higher at midday
    243 words
  • Article, Illustration
    Regional markets rise in moderate trading
    376 1 REGIONAL STOCK MARKETS rose yesterday in moderate trading, with investors still looking to Wall Street for guidance. In Singapore, bargain hunting after the recent falls pushed the Straits Times Industrials Index up 29.63 points to 1,332.41, while the Business Times Composite Index gained 24.42
    376 words
  • Article
    Lock icon US involved in protests, says Deng
    101 1 Reuter CHINA'S senior leader Deng Xiaoping bluntly accuaed the US yesterday of being deeply involved in protests which gripped Beijing this year. Western diplomats said that the charge was the most serious levelled against Washington since China's military crackdown in June and was likely
    Reuter  -  101 words
  • Article, Illustration
    SES has plans up its sleeve to meet split
    619 1  -  EXCHANGE WATCHING HOW DELISTING IS DONE By MAGDALENE NG THE STOCK EXCHANGE of Singapore has put in place contingency plans to counter any adverse impact arising from the impending split with the Kuala Lumpur Stock Exchange. But, it is keeping its
    619 words
  • Article, Illustration
    Tan Eng Joo elected new SCCCI president
    422 1  -  By Ji JAYARAM MENON HAW PAR and Prima director, Mr Tan Eng Joo, is the new president of the Singapore Chinese Chamber of Commerce and Industry (SCCCI). He was elected at the chamber's council meeting yesterday. The council also accepted the resignation of
    422 words
  • Article, Illustration
    F & N, Coca-Cola plan joint-venture company
    503 1  - F N, Coca-Cola plan joint-venture company By KEVIN GWEE FRASER NEAVE LTD and The Coca-Cola Company have decided to seal their 52-year relationship with a joint-venture company which will produce and market all the soft drinks of both the companies in certain current licensed territories, namely Singapore, Malaysia and Brunei.
    503 words
  • Article
    Top Tokyo securities houses plan funds for region's markets
    509 1  -  By QUAK HIANG WHAI SPURRED ON BY the booming South-oast Asian economies, Japan's big four securities houses are gearing up to launch more country-linked funds for investments in the region's stock markets. Nikko Securities, through its investment trust company Nikko Investment
    509 words
  • Article
    Lock icon US leading indicators index edges up 0.2 per cent
    207 1 AP THE US GOVERNMENT'S chief economic forecasting gauge inched ahead 0.2 per cent in September for Its second consecutive monthly advance, the Commerce Department said yesterday. indicating slow growth in the months ahead. The increase in the Index of Leading Indicators,
    AP  -  207 words
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      216 1 Full report, PAGE 20 Regional markets, PAGE 22 World markets, PAGE 23 Nixon-Dang talka cover strained US-China ties, PAGE 4 Sj| wJ Ming Tee sells big Asian Market 12 EdMorl.lCon.rn.rt: 14 Sovll «onom, 4 -V A Russian revolution Budflot proposes stoop price rises "<l2 R rt* Ad.ert.lns 14 Cambodian conflict
      216 words
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      Page 1 Advertisements Column 3
      8 1 Kuok bid to reschedule China loan, BACK PAGE
      8 words
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      Page 1 Advertisements Column 4
      109 1 Available at aH leading tailors j f Hirfi fashion fabrics from holy PENTAXI of auto focus zoom cameras. I The super slim compact zoom with a full J> I ran e °f automatic functions from focus ißßtmJsiUr m jL I aex P osure controls to film handling w#« I and
      109 words
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  • HOME NEWS
    • Article
      Japanese firms urged to develop pool of top local talent
      475 2  -  By SHOEB KAGDA JAPANESE COMPANIES in the Ammi region must cultivate end develop a pool of top local executives who can adapt Japanese concepts to the local context, and vice-versa, said Minister of State (Trade and Industry) Mah Bow Tan,
      475 words
    • Article
      EDB sets up fund to promote biotechnology skills
      337 2 A $5 MILLION FUND has bnn set up by the Economic Development Board to promote training and development of manpower skills in biotechnology over the next three years. The first programme under this new scheme is the Second International Congress for Microbiology,
      337 words
    • Article, Illustration
      SGH urged to schedule fee rises carefully
      473 2 FEE INCREASES by the Singapore General Hospital in line with its restructured operations must be very carefully scheduled, cautioned the chairman of the Government Parliamentary Committee (Health), Dr Aline Wong, yeeterday. SGH should not follow "so strictly" the pace in the prlvsts sector,
      473 words
    • Article
      Two former directors fined for breaching Companies Act
      264 3 PAN-EL CASE TWO former directors of PanElectric Industries Limited (PanEl) were each fined $4,000 yesterday for breaching the Companies Act. Public accountants Nagalingam Segarajasingam, 48, and Andrew Chen Aun-Li, 52, who were non-executive directors of Pan-El, had failed to state in a
      264 words
    • Article
      Corrections and clarifications
      89 3 IN BT's report yesterday, 'KLSE amends listing requirements to implement split', Mr J Y Pillay was described as the outgoing chairman of the Monetary Authority of Singapore. He is, of course, the outgoing managing director of the MAS. In another article, 'Construction industry board setting up careers
      89 words
    • Article
      Occupancy still averages 90pc for hotels
      243 3 FOR THE second month running, hotels had an average occupancy rate of 90 per cent despite higher room tariffs in August. The buoyancy was sustained by a surge in tourist growth to over 443,400 visitors in that month the highest so far for this
      243 words
    • Article
      DBS offers 'top-up' financing for buyers of resale flats
      313 3 DBS BANK is offering "top-up" financing for prospective buyers of government resale flats under its existing personal loan scheme. The bank said in a statement yesterday that its personal loan scheme, branded as Lifestyle Assist, will help to satisfy an anticipated
      313 words
    • Article, Illustration
      Taxi flag-down fare to go up by 10 cents from December
      496 3  -  By SHOEB KAGOA TAXI FARES will go up again from Dec 1. The Public Transport Council (PTC) yesterday approved the increases which will be adopted by all taxi operators in Singapore, said an NTUC Comfort statement yesterday. The flag-down
      496 words
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      52 2 QTC t 4B| li 1 Mjj^LWr J[ i, ,-iiuy chiUi S&** 1 Slipping Into the We e k en d HUDIO I AT SCOTTS 1 10AM 9 JOPM DAILY (XCIPTSUNOArS Til *****11 PETER KOR satin cotton polka dots shirt 579, Polyester vest 5129. Striped long pants SlO9 At Designer Studio
      52 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      188 2 Global tamparaturaa and waathar foracaat City Mu/ Nota Uln OUTLOOK: Showers co ••port for 24 hour* prior Abordoon 11/06 Windy *> 7.30pm on Oct 31 at Amtordam 15/09 Shower* akport Alhon* 22/12 Sunny Mm t0mp......... 90.0 Auckland 20/13 Fair Aoooc htwullWy 70 Bangkok 34/25 Fair A*JTZm«»ry m Mong 19/12 Cloudy
      188 words
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      214 3 Effective communication is the key to business success. Let our specialists in the Business Communication Unit J give you that competitive edge! Confidence in Speaking Tn A course on correct pronunciation to help you Jl I speak with confidence and poise. <MA Dates: 30 November 1 December 1989 (9am 6pm)
      214 words
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      Page 3 Advertisements Column 2
      196 3 Experience Has No Substitute." Wiy Slw, Emcuow Dwctor As Executive Director of Richard Ellis, Willy Shee's vast experience Willy gets satisfaction out of getting the job done right Sourcing in Singapore's property market reflects his unique judgement for the best long-term investment value. To form lasting relationships quality value and
      196 words
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  • FOREIGN NEWS
    • Article
      Lock icon Gillette pays compensation to South African union
      513 4 DEAL MAY BECOME A MODEL FOR OTHER FOREIGN FIRMS Reuter A MAINLY black South African trad* union Mid on Monday it had won a compensation deal from US razormaker Gillette which should become a model for foreign firms pulling out of the country
      Reuter  -  513 words
    • Article
      Lock icon S African business confidence dips
      330 4 AFP SOUTH AFRICAN business confidence dipped in October to its lowest level for more than two years, the Association of Chambers of Commerce and Industry of South Africa (Assocom) said yesterday. The Assocom Business Confidence Index, based on 16 key indicators, fell to 93.6, the
      AFP  -  330 words
    • Article
      Lock icon Nixon-Deng talks cover strained US-China ties
      282 4 AP FORMER UNITED STATES President Richard Nixon expressed concern about declining US-Chi-na relations in a meeting in Beijing yesterday with China's senior leader Deng Xiaoping. Mr Deng, who agreed the two countries should consider strategic ties over ideological differences. said: "I'm very much in
      AP  -  282 words
    • Article
      Lock icon Thatcher apparently hardening EMS stance
      509 4 AP FINANCIAL ANALYSTS say Prime Minister Margaret Thatcher appears to be hardening her position against linking the British pound to other European currencies, despite mounting pressure from her own Conservative Party. The growing impression is that Mrs Thatcher is using an increasing number of conditions
      AP  -  509 words
    • Article
      Lock icon Hurd aims to move UK towards central EC role
      326 4 Reuter BRITAIN'S new Foreign Secretary Douglas Hurd said on Monday that he aimed to move his country from what he called the margins of the European Community to a central role. "I agree with continuing, developing, strengthening, maybe, the Impetus Britain
      Reuter  -  326 words
    • Article
      Lock icon UK faces slower growth, says London Business School
      159 4 AFP BRITAIN faces four years of slow economic growth without any aigna of rapid reduction of the balance of payments deficit or of inflation. according to the lateat predictions from the London Buaineaa School. The economic growth rate will be leaa than
      AFP  -  159 words
    • Article
      Lock icon Record candidates for Taipei polls
      253 4 AFP A RECORD 724 candidates from 17 political parties in Taiwan have registered to run for the crucial Dec 2 electiona in which opposition groups will challenge the ruling Kuomintang (KMT) for the first time as legaliaed parties. Interior Minister Hsu Hsui-teh, serving as director
      AFP  -  253 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      954 4 ARRIVALS Operator C J-L .1 Ofmd number Local Dm From MAS KAL MAS IAW MAU MAS SU OA SIA GiA nA SU SU OTA U8A GU SU THA SU T*Y GU SU GU MAS GU SU SU SU SU SAB SU SU THA GU SU KM THA
      954 words
    • Article
      Lock icon Soviet budget proposes steep price increases
      468 6 BID TO CUT DEFICIT FROM USsl43b TO USs9sb AP THE Soviet parliament, grappling for the first time with the power and problems of a government budget, proposed on Monday to raise prices of items such as beer and tobacco by up to 30 per
      AP  -  468 words
    • Article
      Lock icon Baker sees opportunity with Soviet Union
      482 6 AP DISPUTING the existence of serious differences smong key US officials. Secretary of State James Baker 111 said on Monday that the Bush administrstion is trying to seize "what we think is an opportunity" for significant reform in the Soviet Union and Eastern Europe.
      AP  -  482 words
    • Article
      Lock icon Superpower summit next month, says US newspaper
      262 6 AP THE US and the Soviet Union are discussing a possible summit meeting as early as next month, perhaps on a ship in the Mediterranean, to discuss US help in transforming the Soviet economy, the Washington Post said yesterday. A well-placed American official,
      AP  -  262 words
    • Article, Illustration
      Lock icon Kaifu re-elected as LDP chief for full two-year term
      405 6 AP JAPANESE PRIME MINISTER Tohshiki Kaifu waa yeaterday formally re-elected president of the ruling Liberal Democratic Party (LDP) for a full two-year term at a party convention in Tokyo. The 56-year-old Prime Minister was the only candidate for the post. He
      AP  -  405 words
    • Article
      Lock icon Japanese life-time job system criticised
      259 6 Reuter JAPAN'S jobs-for-life system is too inflexible to meet modern needs end may have to be dismantled. an OECD conference in Paris heard on Monday. Taishiro Shirsi, director of the Jspanese National Institute of Employment and Vocational Research, said the other two pillars of the
      Reuter  -  259 words
    • Article
      Lock icon Warsaw raises heating costs by 150pc
      129 6 AP THE POLISH government has announced a 150-per-cent Increase in electricity costs and large hikes In other energy prices and Parliament has passed an amended budget sharply limiting coal subsidies. The moves are the latest in Poland's tough attempt to get its inflstion-plagued economy
      AP  -  129 words
    • Article
      Lock icon Tokyo panel urges further deregulation
      219 6 Reuter A STUDY PANEL at Japan's Fair Trade Commission (FTC) has unveiled a report calling on the government to promote further deregulation in various domestic markets, including tranaportatton, finance and agriculture. The report said private buaineaa should basically be conducted through free market competition and
      Reuter  -  219 words
    • Article
      Lock icon High-level Japanese team to visit Brussels
      206 6 AFP A TOP-LEVEL Japaneae delegation will viait Brussels on Nov 9 and 10 for annual conaultations on trade issues with the European Community's Executive Commission, it was announced in Brussels on Monday. The talks are likely to cover Japanese access to the EC car
      AFP  -  206 words
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      155 4 MANDARIN ORIENTAL JAKARTA Lay back and strctch right out in a bathrooms have a full sized tub to soak sumptuous room. Forget the day even existed. the day away. And of course, our more than Forget the noise and hustle and bustle outside. attentive staff will always be there to
      155 words
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      Page 4 Advertisements Column 2
      77 4 The business person's choice every Tuesday, KilvTmN I^- s S^^T525 I E I I II \l International Airport the following ijr. Call your travel agent or Atr Canada at 7}2 tiff. A BREATH OF FRESH AIR —L-^——,' AirCanaHa SHANGRI-LA INTERNATIONAL IN KU^^UJMPUR WHERE ELSE BUT THE SHANGRI-LA One of the
      77 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      37 4 Doonesbury by garry trudeau U£y ATFt YOU'RB SUPPOSdP ITHOU6HT I TO BB BACKONVOUR you'RE DAMN THIS IW6OTRJP 'MOM'"*' A T/srrr WONG. **SH. OsSkeZ OF YOU' WC 1 M ANPY! WHAT&V&* /<5gT CONFOUNDING' WUV S&N A BUSTS? i
      37 words
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      236 words
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      612 6 TAKE gf WIN HOME w ONE OR MORE OF FREE GIFTS 3,575 items sI 000 $2,000 H dP ,one/AU, > JBS Prlie: Complete Range of Philips Products for the Living Room a P^' Zpa 33" Colour TV Camcorder $2.000 $4 000 Pocket Radio/VHS Cleaning Tape Super VHS Home Audio System
      612 words
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      Page 6 Advertisements Column 2
      93 6 K. Uu Bv 1 FOR SALE BY TENDER I LE MERIDIEN SINGAPOUR, CHANGI I [CLOSING DATE: 13NOV 1989 4PM| I I "^T| fj iSI "»°"7 '"j?*' CBIWI W /y 1 >/ ....Mum I ■SB Rare opportunity to tap Singapore's booming tourist market High class, resort-like hotel 280 rooms and suites.
      93 words
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      374 7 I <&Ul I B I H I Welcome To A New Chapter In Chinatown h MM— B>q I [y i I j#*N hinatown, with its unique historic Its location is I iX. M charm and ambience has been given ideal, flanked on b-MII I I < the B j I
      374 words
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  • FOCUS
    • Article, Illustration
      Hanoi's soft sell prolongs Cambodian crisis
      1704 8  -  As the Cambodian crisis escalates, DAVID CHEW of the Foreign Desk reports the arguments of a Vietnamese scholar who believes that Hanoi will never give up its dreams of an Indochinese federation. The accompanying piece discusses how Vietnam intends to trap Cambodian leader Prince
      1,704 words
    • Article
      A 'no-win' poser for Sihanouk
      704 8 IN SPITE OF the failure of the Paris peace talks. Vietnam still harbours hopes of striking a bargain with Prince Norodom Sihanouk, the leader of the Cambodian resistance which includes former Cambodian premier Son Sann's supporters. Hanoi aims to get the 67-year-old Prince, who is
      704 words
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      292 8 19H Jm Epson's new 386. When you can't afford pit stops. If your office is working in the fast lane, the last thing you need is to be Your largest spreadsheets, database or CAD/CAM processing are also plagued by unreliable equipment and systems. handled with unswerving accuracy and reliability. For
      292 words
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      211 9 From Andorra To Aruba. From Cameroon To Costa Rica. From Hong Kong To Holland. From Kenya To Kuwait. From Malaysia To Martinique. From Turkey To Thailand. IB- *1 jB :*rl §HH *> I CL By One. To earn your trust, not just your business. This has always been the aim
      211 words
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  • COMMODITIES
    • Article
      Lock icon KL commodity body suggests trading in RSS 3
      304 10 AFP MALAYSIA'S Commodities Trading Commission, which regulates commodities futures trading, yesterday suggested that the flagging rubber market be revived with a new contract. Commodities trading commissioner Ismail Ahmad said that the rubber futures market on the Kuala Lumpur Commodity Exchange (KLCE) had
      AFP  -  304 words
    • Article
      Lock icon China likely to keep out foreign oil firms: experts
      452 10 Reuter DESPITE worsening fuel shortages. China's hardline leadership is likely to keep foreign companies out of important onahore oil fielda in the north and weet of the country, Western oil experts in Beijing said. The leaders who seized power from reformists
      Reuter  -  452 words
    • Article
      Lock icon Opec monitoring committee to meet in Vienna
      125 10 Reuter OPEC's eight-minister Market Monitoring Committee is due to meet in Vienna on Nov 23 ahead of a scheduled full ministerial conference of the 13-nation group starting Nov 25. sources close to Opec said. Members of the committee are Algeria. Indonesia. Iran, Iraq,
      Reuter  -  125 words
    • Article
      KL Tin
      202 10 THE Kuala Lumpur Tin Market (KLTM) continued Its decline yeelerdey, tailing 17 sen la claaa at Ms2o a kg an further dtspoaala by miners dua la month-end factors, brokara said. Tha mart at naiad afters af SO tonnes against Mda of 10 at «M open. Pinal turnover settled
      202 words
    • Article
      Palm Oil
      568 10 MALAYSIAN CftUOE PALM OIL FUTURES rebounded to cloee steadier on the Kuala Lumpur Commodity Exchange (KLCE) yesterday on fresh buying interest end short-covering sctivtty. Dealers said sentiment was further boosted by reports of Saudi Arabia having bought 4,000 tonnes of RBO palm olein on Monday and news that
      568 words
    • Article
      Lock icon Crude Oil and Products
      151 10 Telerate ACTIVITY for fuel oil remained thin in the Singapore market yesterday CSTIBO sellers were reported to be at $85-6 mt fob Sing, with potential buyers notionally at $83-4 mt fob Sing. Independent sold South Korean refiner 1.6%S CST3BO at $106 mt elf South Korea. Petromln
      Telerate  -  151 words
    • Article
      Produce Prices
      188 10 Chinese Produce Exchange S#IUfi non dosing pffcvt on October 31 (SS/100 kg) Coconut oil Mk FOB 90.00 04d drum FOB 104.00 N*w drum FOB 100.00 Copra MJx*d (loot*) 52.00 s#M#cs Pepper Muntok wNt* FOB NIW 490.00 Sarawak wMi* FOB foq NIW 480.00 Sarawak ipcdal block FOB NLW 400.00
      188 words
    • Article
      Rubber
      345 10 BMQAPORE: Rubber prices closed essisr yestsrdsy. with Novsmbsr 1 RSS buysr quoted st 161.00 cents s kg, down 1.75 cents from Monday's close. Dealers said the afternoon market was quist, with pricss fluctusting within s nsrrow bsnd from morning's lower levels. Operstors rsmsinsd on the sideiinee due to s
      345 words
    • Article
      RAS and MRELB
      367 10 RAS prices m s omm» fob m baton NOON aose 8oyoc$ ScNict 8vyoo Sdfi In* 1 KSS Prompt 161.00 162.00N 160.00 t614»N b* 1 ISS Nov 162.00 163.00 161.00 1620)0 tnf 1 tSS Doc 165.00 165JO 1640)0 164.50 b« 2 RSS Of 159.25 161.25N 158.75 160J5N In*
      367 words
    • Article
      London Markets
      202 10 London Commodity Exchange Buyer/Seller dosing prices on Oct 30 (£/tocme unless jpodfled). Previous dosing prices in paronthosis. Coffee Oasis ln-Jtof« London, MMon option OF London Nov 695/698 (692/693) 725/685 ion 697/700 (680/682) Ugh/low 720/683 Solo* (6951) Gocom Doc 719/720 (709/710) High/Low 720/720 Mar 701/702 (694/692) High/Low 703/692 SoIM
      202 words
    • Article
      Precious Metals
      373 10 HONGKONG: Gold cloeed lower in quiet and thin trading yeeterday on local profit-taking due to a firmer US dollar, but very little activity waa seen from overseaa Investors, deeiers said. "Investors were heeltant to take new poettions because market direction remains unclear and so they preferred to watt
      373 words
    • Article
      Soybean
      169 10 CBOT soybeans closed 1.00 to 1-1/2 cent per bushel lower on Monday. Spot November settled at USSS.6O-1/2. down 1-1/4 cents. Traders said commercials and profeaslonals were best buyers against mixed selling. January futures carried a 14-cent premium over November after traders positioned themselves ahead of first notice day yeeterday
      169 words
    • Article
      Lock icon Wheat
      185 10 Reuter SPOT December CBOT soft red winter wheat futures closed 1-3/4 cent per bushel lower st U553.96-3/4 on Monday. Other months fell 1/4 cent to 1-1/2 cents a bushel. Trsders cited statements from Washington last Friday that the Soviet Union would soon need to add to its grsin purchases
      Reuter  -  185 words
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      72 10 TAe oullook iftpst,. Mpl o!\the Vejcom contract. Veftahl. Suddenly the pKorve rjf\e OZI secretary, at JefCM. Can you rnKe i% jij o\vlled boitl&oj Ma feu 4 t' T CQ CQ j| Out t lady, and to Q lorn and $uccefrfu I parfntrjhf. Y&} l th& outlook i> definite!/ I{of>e.A CALDBECK,
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      Page 10 Advertisements Column 2
      37 10 Wirfli fn IW If f 1..- jpwffHW m ram nawiww jjljg 8120 Tribal And Fine Oriental jylgj spm fl feSS All lots are guaranteed and backed by B3 a full trade in value at our showroom H
      37 words
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      281 11 The little Da Vinci Chronograph with perpetual The automatic Da Vinci Chronograph with moonphase display, bv IWC. Yet another great perpetual calendar and moonphase display by work from a group of old masters. IWC. Eloquent proof that the future does not belong to the computer alone: A truly remarkable mechanical
      281 words
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  • MONEY AND EXCHANGES
    • Article
      Options
      686 12 CURRENCY FUTURES OPTIONS TuMday October 31, 1989 DCUTSCHCMARK (MMEX) On 00 mNi 0«c 80 py» 32 53 54 JAP ANEW YIN (MUX) D*c M cam Dw H putt 72 73 73 CURRENCY FUTURES OPTIONS IMM Monday, October 30, 1989 BUmtM POUND Ml.—. canto par C Hti n III. 1335
      686 words
    • Article
      Lock icon IMM
      246 12 Reuter IMM currency futures closed mostly lower on Monday after trading in tight ranges. Only high-yield currencies made gains, with sterling boosted by short-covering ahead of the new UK Chancellor of the Exchequer's Parliamentary address yesterday. "This is a short-term pop, a technical correction," said one trader. Sterling slide
      Reuter  -  246 words
    • Article
      Asian $ market
      220 12 Asian market ASIAN dollar deposit rates yesterday ended at their opening levels in quiet trading ahead of the 1230 GMT release of US September leading indicators. US$ OfH WO 7 doyi 8 7/8 8 3/4 1 month 8 3/4 8 3/8 2 momhs 8 13/16 8 11/16 3 months 8
      220 words
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      Forex markets
      925 12 SINGAPORE: Japanese importer monthend demand and Asian institutional buying interest led the US dollar to close higher in sluggish trade yesterday, dealers said. "But trading was directionless as both local and overseas activity was focused on two-way trades, buying on dips and selling on rallies," a US dealer
      925 words
    • Article
      Money markets
      58 12 THE overnight rate on the Singapore money market was 1/16 point lower at 5-1/4 per cent yesterday. Term rates were unchanged. S$ Interbank rates at the dote yesterday: orai mo O—rS 1/4 S 1 /e Ihww* S 3/8 S 1/4 2-~on*> 3 3/> 3 1/4 3-moc* 3 3/S
      58 words
    • Article
      Government securities market
      110 12 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WO OFFE* HK5H LOW 3 months SQ89U1V 25.01.90 4.38 4.33 4.37 4J1 6 iwo»rttw BS*****V 18.01.90 4.38 4.33 1 year BY*****Z 18.10.90 4.35 4.30 4.33 4.33 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      110 words
    • Article, Illustration
      World interest rates
      173 12 the prime lendtaflMraSe el 12 mafor banks In S'pore Interbank market ratee (offer/bid) on Oct 31 US$ DM SWFC Ymn 7 dart ll/1« 11/1* IJVU-l/1* lt/l*-7IS/li 7S/1-7I/] 4 J/i *1/4 1 4 3/4 4 J/§ IS 1/4— IS 7 11/14 9/16 4 J/4 4 1/4 J m*
      173 words
    • Article
      Quotation of Singapore Government Stocks as at October 31,1989
      370 12 Number Grow Maturity Y«.r Amount ,n,0rMt of day. of U V raised ($m) P«y«i»«nt accrued (deluding pa) datea Interest •ocrued Interest) I 1.12.89 N*****1S 1987 4 230.00 1/6 1/12 152 100.00# 4.00# 15.4.87/90 Loan 1 1972 5 3/4* 12.78 15/4 15/10
      370 words
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      Page 12 Advertisements Column 1
      104 12 Kesorp Island Living Price from *****,000 per unit I Freehold I Wednesday, Facilities—pool tennis court 8 November 1,1989 Easy payment terms jf nam to Bpm Only 552,000 option deposit B Thursday, November 2,1989 Sole Agent: 9am to spm JkJF Knight Frank Imhmmhhmp Ir-Jl Cheong Hock Chye Baillieu Owner Knight Frank
      104 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US-Japan monetary talks set for Nov 8
      140 13 AFP SENIOR OFFICIALS of the US Treasury Department and Japan's Finance Ministry will meet in Washington on Nov 8 for talks on recent developments in their financial markets, ministry sources said in Tokyo on Monday. The Japanese delegation will be headed by Makoto
      AFP  -  140 words
    • Article
      Simex
      498 13 EURODOLLAR futures closed up marginally yesterday on position squaring ahead of the 1230 QMT release of US September leading indicators, but underlying sentiment was bearish, dealers said. December Eurodollar was up slightly to 91.70 from Chicago's 91.68 and March to 92.07 from 92.04. About 6,700 lots were traded. December
      498 words
    • Article
      Courts (Singapore) to raise $30m through NIF Issue
      141 13 FURNITURE company Courts (Singapore) la raising $30 million from the local capital market to repay its existing borrowings and finance its business expansion here. The five-year note issuance facility is arranged and managed by Standard Chartered Merchant Bank Asia (SCMBA). SCMBA is
      141 words
    • Article
      Comex gold/silver futures
      161 13 Gold futures on October 30, 1M9 100 toy ouncac USS par trey ounca opm M* lot mm No* 377JO -070 Dmc 3(2.00 342JO ***** 340J0 -0l40 M> 91 307.00 3*7 00 3*140 3*3.10 -0l40 Apr 390-50 391.00 344-50 349J0 -070 *■> 395.00 3*3.30 39X30 393*0 -OJO *<9
      161 words
    • Article
      US Treasury issues new rules for foreign money transfers
      203 13 THE US Treasury Department disclosed on Monday the range of the new guidelines it is reviewing to regulate the electronic transfer of vast sums of money among banks around the world. The regulations are being drawn up in response to recent
      203 words
    • Article
      Lock icon Money trail
      206 13 NYT For law-enforcement authorities. this paperwork is expected to provide a more detailed money trail for routine and suspicious transactiona. The Qeorge Bush administration is about to open a new financialcrimes centre in Virginia, with computers that will ceive some of the new data and will monitor money
      NYT  -  206 words
    • Article
      Royal Trust to acquire US savings-loans institution
      354 13 By OUAK HIANQ WHAI ROYAL TRUST. Canada's leading trust company. Is acquiring a US savingsloans institution aa part of its plan to expand into the retail financial market there, said its visiting president Michael Corneiissen. Mr Corneiissen, who is also the group's chief
      354 words
    • Article, Illustration
      Lock icon NZ government won't be blackmailed: Caygill
      323 13 BOND ISSUE FAILED AFTER DFC COLLAPSE AFP NEW ZEALAND Finance Minister David Caygill said yesterday he would not be blackmailed by Japanese banks who bore the brunt of the collapee early this month of merchant bank Development Finance Corporation Ltd (DFC). The government haa
      AFP  -  323 words
    • Article
      Lock icon Bank's accounts may be released
      110 13 AFP STATUTORY manager* of New Zealand's failed investment bank Development Finance Corporation Ltd (DFC) are considering releasing its accounts for the six months to Sep 30. A spokeswoman for the managers said yesterday that concern among foreign investors and media queries prompted the decision to
      AFP  -  110 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      199 13 FOR SALE BY TENDER MIDPOINT ORCHARD UNITS #05-01/02 OWN A PIECE OF 'GINZA' IN SINGAPORE PRIME FREEHOLD OFFICE FLOOR IN ORCHARD ROAD (with possibility to convert to retail use) Unique chance to buy one whole floor of o building in Singapore's prime shopprng/tourist district Orchard Rood Net Saleable Area is
      199 words
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      Page 13 Advertisements Column 2
      58 13 All you need TO KNOW ABOUT THE FOREMOST BUSINESS HOTEL IN KUALA LUMPUR IS THAT WE ARE OPENING TODAY. t VTt 111,. the KUALA LUMPUR A REGENT ©INTERNATIONAL HOTEL Alt KLAND. BANIiKOK. BEVERLY MILLS HK'AliO. FIJI. HONG KONG. KUALA LUMPUR. MELBOURNE. NEW YORK SINGAPORE. SYDNEY. TAIPEI. KUALA LUMPUR: TEL (3)
      58 words
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  • PERSPECTIVE
    • Article
      Just a moment, please
      482 14 BUSINESS TIMES WEDNESDAY, NOVEMBER 1, 1989 A FEW YEARS AGO, it could have been said only on April 1. It was, however, s steady day in October when Soviet Foreign Minister Eduard Shevardnadze last week offered to abolish the Warsaw Pact if the West did the
      482 words
    • Article, Illustration
      What does it take to sell a corporation?
      1552 14  -  In this age of brand names, the face corporations present to the world is as important as the things they make or the business they do. But how are corporations to project themselves? Is clever advertising better than slick public relations better
      1,552 words
    • Article, Illustration
      Lock icon How far has the 'Look East' policy taken Malaysia?
      1117 14 Bernama WHEN THE Malaysian government introduced the "Look East" policy in 1982, the people were taken aback because the East had never before figured in the mental horizon of developing countries. The policy evoked immediate response, both for and against, at
      Bernama  -  1,117 words
    • Article, Illustration
      Lock icon Extraordinary moves in a mini-October Revolution
      988 15  -  SOVIET UNION In the fifth year of perestroika, Soviet politics has suddenly departed dramatically from long-time Kremlin practice. The last few days have witnessed some events and frank admissions which have astounded observers. JOHN-THOR DAHLBURG reports. JOHN-THOR DAHLBURG AP SEVEN RECENT DAYS in Soviet
      AP  -  988 words
    • Article, Illustration
      Lock icon Friend of Rajiv turned foe speaks of the tussle ahead
      1024 15 INDIA NYT VISHWANATH PRATAP SINQH sat in his home in New Delhi and described the disenchantment that led him to break with Prime Minister Rajiv Gandhi, whom he served as finance and defence minister and hopes to unseat in national
      NYT  -  1,024 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      241 14 The Business Times ran Test your skill and win premium prizes! 30 winners will be selected to win one bottle of Hennessy XO Cognac, Dunhill Premium Scotch Whisky or Dom Perignon Champagne at the end of a week's contest. How to enter: Resufts wi be pushed in Business Times on
      241 words
  • Page 14 Miscellaneous
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      120 15 HOW MUCH! II I I I I I I i i TO BUY I THE CENTRE I A 4 OF SYDNEY? FOR SALE BYTENDER 2 BOND STREE" SYDNEY WITH EXISTING DA Hj This is a unique development opDortuni*y. In t II of Sydney no other site can offer; Bt an
      120 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon FDA acts to curb wild claims
      698 16 HEALTH NYT THE US FOOD AND DRUG Administration ia preparing new rules io help halt the unchecked growt) of health claima that have begun to appear on cereals, juicao, food supplements snd other products, administration officiate said on Monday. Ttti action would end a
      NYT  -  698 words
    • Article, Illustration
      Lock icon Dalai Lama's palace gets a facelift
      701 17 PALACES Reuter IF THE Dalai Lama returned to Tibet from exile, he would find hie bed and bethroom empty and waiting, former palecee under renovation and an unfinished mural of Tibet's history reedy to pick up the nerretive. The spiritual leader of Tibetan Buddhism
      Reuter  -  701 words
    • Article, Illustration
      Lock icon War ravages Afghan carpet industry
      754 17  -  ARTS AND CRAFT By JOHN POMFRET AP FROM HIS favourite multi-col-oured rug in the shaded courtyard of his carpet factory, Aji Badghisi recalls times when business was brisk and traders came from afar seeking his rare designs and wools. But after more than a decade
      AP  -  754 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      265 16 I Where fv entertain... Whet? to entertain... Where to entertain... Where to For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****10 or *****85 ext *****/6. mLM GRILL Tm WtSTIN PtAZA WtSTIN HOTILS Rl VOKTS Taiwan Fbrridge for lunch, dinner
      265 words
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      Page 16 Advertisements Column 2
      232 16 SENSATIONAL SIZZLING SATAY AT Gafe s^ufeVapd Sizzling satay, the all-time local favourite. Succulent mutton, chicken and beef skewered and grilled on an open fire, complimented by a rich peanut sauce, and accompanied with fresh bits of cucumber, pineapple and onion. Try a cool refreshing coconut with its thick and tender
      232 words
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      Page 16 Advertisements Column 3
      325 16 ouiroes* THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet at on ungourmet price! For starters, take your pick of our cokj dishes prawns on ice. fresh oysters, smoked salmon. melon and dried ham. vegetable terrine. mixed seafood salad, cooked assorted vegetables and homemade dressings Select your main
      325 words
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      Page 16 Advertisements Column 4
      165 16 1 30 November Adults Children below 12 $14.50++ (Lunch) 9.00++ (Lunch) $15.50++ (Dinner) $10.00++ (Dinner) Cafe Plaza Plaza Hotel SINGAPORE Heart) Road Snppnre 0719 *1 *****11 I QS> Paramount Hotd Marine Parade Road. Singapore 1544 Tel: 344*5577 flHtj —HS? Help yourself to our "Unlimited Servings" Lunch Menu! Ask for our
      165 words
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      Page 16 Advertisements Column 5
      257 16 BEIJING'S BEST Aflß 1^ ®ZK The best of Beijing at the Pine Court's Lunch 'fliQ Buffet. If you've enjoyed our sumptuous Baked Fkxy Tench, Steamed Dumplings, Double-Boiled Duck Soup with Herbs and Shredded Duck Meat with Bean Sprouts served with Empress Purse, you'll be glad to know they are here
      257 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      236 17 entertain.... J I In I The Park. ffl Unkai is a traditional Japanese restaurant offering H such superb delicacies as sushi, sasbimi and teppan|B yakL For private parties there are foiu- tatami rooms available. IB Lunch: 12pm to 3pm. Dinner. 630pm to 11pm. H I A(s> I "rasas I6Nn—«..V w
      236 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      621 17 CRYPTIC PUZZLE DOWN 28 American coin (4) ACROSS 2 Fear found entertaining 1 2 P f 8 j 28 Nourtshsd W 1 hunt*(s) an6w ,h 3® k» disturbed b, M M M ..T°" TOMO OW 6 Unite of a certain fore* J*""* <%" '»> HM MM (5) 4 What to
      621 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1472 17 TV and RADIO P at Midsummer Dancing our THE ART CALENDAR, 10.25 pm, 1r ?iu( this last epieode, Max Von Sydow E ,rtlv discusses "Midsummer Dancing", If which was painted in 1807, a year after the artist attended a midsummer dance festival with Prince Eugene of mmj* g© i Sweden.
      1,472 words
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  • SPORTS
    • Article, Illustration
      Lock icon Many happy returns
      667 18 TENNIS AFP IT WAS A CASE of "many happy returns" on the first day of the 4th Paris Open at the ultra-mod-ern Bercy Stadium on Monday. Michael Chang and Stefan Edberg. who met in the French Open final at Roland Garros five months sgo, showed just why
      AFP  -  667 words
    • Article
      Lock icon A fabulous year for Tom Kite
      371 18 GOLF AP IT WAS THE finest sesson of Tom Kite's 18-year PGA Tour career. "A fabulous year. I just want to soak it all in." Kite said after his playoff victory on Sunday in the Nabisco Championship, golf's richeet tournament. And he had plenty
      AP  -  371 words
    • Article, Illustration
      Italian ace ready for challenge
      286 18 SKIING ALBERTO TOMBA. the big mouth and once the big winner of Italian Alpine skiing, says he will foil efforts by Pirmin Zurbriggen and Marc Girardelli to equal Gustavo Thoeni's record of four World Cup overall titles. "Gustavo is my personal trainer. I owe him
      286 words
    • Article
      Lock icon Formula One champion may be decided in courts
      303 18 MOTOR-RACING AP THE McLaron team that haa dominated Formula One motor racing for the paat two years haa warned that this season's world drivers chsmpionship may be decided in the courts instead of on the track. Ron Dennis, managing director of McLaren,
      AP  -  303 words
  • Page 18 Advertisements
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      532 18 There's an easy way to mix business with pleasure Sk\ Subscribe to Business Times TJ fjpcL x rlow would you like to keep abreast All vour business needs with one paper. If you're a lucky winner, you'll eniov: V- of the latest business developments and A 7-day trip to Finland
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon GCB selling 20pc stake in Hock Hua Bank
      310 19 NST GENERAL CORPORATION Bhd (GCB) Is understood to be selling 20 per cent out of its 22.5 per cent stake in Hock Hua Bank (Sabah) Bhd to its associate Malaysia British Assurance Bhd (MBA). It is learnt that GCB is also disposing
      NST  -  310 words
    • Article
      Lock icon Nestle (M) forecasts M$87m pre-tax profit for this year
      485 19 MBT NESTLE (Malaysia) Bhd. whose share offer is expected to be made this week, has forecast a pre-tax profit of about MsB7 million this year. Based on its existing paid-up capital of $234.5 million, gross earnings per share is about 37
      MBT  -  485 words
    • Article
      Lock icon UEM denies it was the buyer of Malayawata stake
      380 19 NST UNITED ENGINEERS (M) Bhd has quashed speculation that it waa acquiring a stake in Malayawata Steel Bhd. "We are not looking at Malayawata," executive director Anuar Othman said. He also said UEM was not the buyer ot a block of
      NST  -  380 words
    • Article
      SIA and Delta fix prices for share swap
      300 19 NATIONAL CARRIER Singapore Airlines and the US's third largest airline. Delta Air Lines Inc, which announced a strategic alliance last Friday, have fixed the share prices for which they will swap their companies' shares. SIA said yesterday it will issue 17.50 million
      300 words
    • Article
      EMS gets SES approval for listing of new shares
      66 19 ELECTRO MAGNETIC (S) Ltd announced yesterday that the stock Exchange of Singapore had on Oct 17 approved in principle its application for listing and quotation of 17 million new shares arising from its proposed one-for-two bonus issue. The bonus issue is
      66 words
    • Article, Illustration
      Ming Tee sells big stake in Sunshine Allied Ming Tee sells big stake in Sunshine Allied
      542 19  -  ELDERS IXL ARM BUYING 24.8 pc SHARES AT $4.50 EACH By ELAINE KOH CHOCOLATE-MAKER Sunshine Allied Investments Ltd, suspended from trading in the afternoon, has found itself on the brink of a takeover, with
      542 words
    • Article
      Lock icon Hospital Pantai gets go-ahead for KLSE second board listing
      289 19 MBT ANOTHER NEW company Is joining the ranks of Kuala Lumpur Stock Exchange's second board. The Capital Issues Committee has given the go-ahead to Hostel Pantai, a private hospital, to float its shsres on the secondsry msrket, msking it the third
      MBT  -  289 words
    • Article
      Lock icon Taiping Con to go into furniture making
      359 19 Bernama TAIPING CONSOLIDATED Bhd. through its subsidiary, Finewood Products Corporation Sdn Bhd, is keen to participate in Inter-Pacific Industrial Group Bhd's furnituremaking business. Inter-Pacific group managing director Patrick Low Han Hing told reporters after the company's annual general meeting in Kuala Lumpur yesterday:
      Bernama  -  359 words
    • Article
      COMPANY BRIEFS
      251 19 MOUNT PLEASURE Holdings Bhd has spplied for the approvsl of the Capital Issues Committee (CIC) on its proposed restructuring of certain terms and conditions relating to the 10 per cent convertible unsecured notes (CUN) 1964/1988. Standard Chartered Trustee (M) Bhd, on behalf of the company, said it was
      251 words
    • SES
      • Article, Illustration
        Stocks stage broad rally on bargain-hunting
        988 20  -  by ABDUL HADHi SHARE PRICES on the Singapore stock market rallied over a broad front yesterday, marking the re-emergence of bargain hunting after the recent falls. Good gains by some indexlinked stocks pushed up the Straits Times Industrials Index by 29.63 points to 1,332.41,
        988 words
      • Article
        Unit trusts
        300 20 Managers' prices for Nov 1 Royal Trust Asset Mgt RT S'por* Gr Fund 0.805 0865 IT Asia-toe Gr Fund 1085 1 145 Singapore Unit Trust T1»* Commerce 1.17 1.24 Tfc» Savings Fund 100 106 S'por* frog Fund 0 44 0 48 S'por* Soc Fund 0 74 0 79
        300 words
      • Article
        COMPANY MEETINGS
        49 20 TRACTORS MALAYSIA HOLDINGS BHD: 24th AQM at the Serunai 2, Petal ing Jaya Hilton. 2 Jalan Barat, ***** Petaling Jaya, Salangor Darul Ehaan, Malaysia, today at 12noon. GUTHRIE ROPEL BHD EGM at Anggerik Room, 4th floor, Hotel Equatorial. Jalan Sultan Ismail, ***** Kuala Lumpur, today at 3pm.
        49 words
      • Article
        SES SHARE INFORMATION
        6579 20 ,ar Qf't Qr'i I*® T*' L*«t Vol Day Laat Quoto Dlv Dlv Y'ld Not M Cop N High Low Codo Company Sola +or- ('000) High Low Buyor Sailor C'vr P/E (mil OCT 31 ,1* SESDAQ 120 t 4000 Amtek Eng 2<* 271 +1 67 272 270 270
        6,579 words
    • KLSE
      • Article, Illustration
        Lock icon Blue chips make big gains
        3496 21 MBT BLUE CHIPS shone in a mixed trading session at the Kuala Lumpur stock market yeaterday. Trading was quiet. Double-digit gains posted by blue chips, quite a number of which were index-component stocks, lifted the 30-counter New Straits Times Industrial Ordinary Share Index by 30.23
        MBT  -  3,496 words
    • REGIONAL MARKETS
      • Article
        Lock icon Hicom reports maiden pre-tax profit of M$45.9m
        541 22 Bernama HEAVY INDUSTRIES Corp of Malaysia Bhd (Hicom) recorded a maiden group pre-tax profit of M 545.9 million inclusive of an extraordinary gain of MsB.9 million for the year ended March 31, 1969, from a previous loss of M 5370,666, its president Tsn
        Bernama  -  541 words
      • Article
        Lock icon HP subsidiary to merge with Nihon Apollo
        159 22 NYT THE JAPANESE SUBSIDIARY of Hewlett-Packard Co will soon complete a merger with Nihon Apollo Computer KK, a subsidiary of Massachusetts-based Apollo Computer Inc. Hewlett-Packard bought Apollo Computer in May. The merger will put Yokoga-wa-Hewiett-Packard Co (YHP) in a position to lead the
        NYT  -  159 words
      • Article
        Lock icon Jusco gears up for new conglomeration
        332 22 Bernama THE JUSCO GROUP has changed its name to Aeon Group as it gears up for a new international conglomeration in the 21st century, said the chairman of Japan-based Jusco Co Ltd. At a news conference in Kuala Lumpur on Monday, Mr Takuya Okada
        Bernama  -  332 words
      • Article, Illustration
        Lock icon Broadly higher
        636 22 Tokyo Reuter INCENTIVE-BACKED stocks led the key index to rebound to cloee broadly higher in brisk trade yesterday. Buyers swiftly leapt from real estate companies in the morning to non-life insurers in the sfternoon, end picked up other hot stocks along the way. "The mind of the market
        Reuter  -  636 words
      • Article, Illustration
        Lock icon Gold-inspired rally
        498 22 Australia Reuter AUSTRALIA'S share market continued its gold-in-spired rally yesterday, boosted further by demand for blue-chip industrials and particularly banking stocks. The All Ordinaries Index closed 8.1 points higher at 1,645.2. But brokers said trading volumes remained subdued and market players were turning again to Wall Street for
        Reuter  -  498 words
      • Article, Illustration
        Lock icon Hang Seng gains 45 points
        1241 22 Hongkong Reuter SHARE PRICES In Hongkong closed sharply higher yesterday and brokers were expecting the Hang Seng Index to test higher levels today while sentiment remained bullish. The Hang Seng Index rose 44.99 points to 2,725.29 while the broad-er-based Hongkong Index gained 28.87 to 1.793.79.
        Reuter  -  1,241 words
      • Article
        Lock icon Seoul: Slightly lower
        304 22 Reuter SEOUL STOCKS drifted lower in thin trading volume yesterday as many investors sat on the sidelines hoping for a government bail-out to boost market liquidity. The Compoaite Index closed at 894.02, down 2.09 points from Monday. Turnover was 141.6 billion won against 125.1 billion in the
        Reuter  -  304 words
      • Article
        Lock icon New Zealand: Moderate volume
        222 22 Reuter THE MARKET closed stronger yesterday on moderate volume, pro- i pel led largely by overseas i demand for a few leading shares, brokers said. The strength wss in spite of the deferral of a 50 billion yen seven-year Samurai Bond issue to the New Zealand
        Reuter  -  222 words
      • Article
        Lock icon Jakarta: Block buying
        97 22 Reuter BLOCK BUYING by foreign funds pushed the Jakarta Stock Exchange Index up yesterday, but trading was otherwise quiet, brokers said. Foreign buying took Jakarta International Hotel's shares up 3.525 ruplah to 13,500 on turnover of 65.950 shares. The day's most active stock, relative newcomer Gajah Surya
        Reuter  -  97 words
      • Article
        Lock icon Bangkok: Across-the-board rise
        260 22 Reuter THAI STOCKS moved higher acroas the board yesterday in a strong speculative rebound triggered by good third-quar-ter earnings results, brokers said. The SET gained 9.47 points to cloee at 096.01 in active trade, with advances leading declines 104 to 17. Moet active were Pa- daeng Industry,
        Reuter  -  260 words
      • Article
        Lock icon Manila: Sharply higher
        157 22 Reuter HEAVY BUYING yesterdsy pushsd up shsrs pricss scross the bosrd ahesd of President Corszon Aquino's Isunch of the First Philippine Fund in New York next week. The Manils Stock Exchsnge Composite Index roee 32.12 points to close st 1,309.37. Combined volume st the two bourses surged
        Reuter  -  157 words
      • Article
        Lock icon Bombay: Nervous trading
        187 22 Reuter SHARE PRICES fell in nervous trading yeaterday after newspapera carried fresh stories about a payoff acandal involving Prime Minister Rajiv Gandhi's government. The reports are expected to dampen Mr Gandhi's prospects in this month's national elections and this affected market sentiment. The newspapera aaid Mr Gandhi
        Reuter  -  187 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Mixed closing in light trade
        925 23 New York Reuter AMERICAN STOCKS closed mixed in light trading on Monday after a session marked by indecision. Several Wall Street traders said that recent volatility had also caused some investors to retreat to the sidelines. The Dow rose 8.78 points to 2,803.48. Declines led
        Reuter  -  925 words
      • Article, Illustration
        Lock icon Prices end higher in early trading
        859 23 London Reuter SHARES opened firmer yesterday as a sterling rally and small gains on Wall Street and Tokyo gave market makers the impetus to push prices higher in the face of little buying or selling interest. By 0923 QMT, the FTSE 100 was 8.6
        Reuter  -  859 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1795 23 PARIS: French share prices were showing slight gains yesterday but were off opening levels by midday in quiet trade ahead of the holiday in Paris today, dealers said. The CAC-40 Index was 7.90 points up at 1,812.89 after starting at 1816.60. Bid target Mixte slipped eight francs
        1,795 words
      • Article, Illustration
        Lock icon Mitsubishi acquires 51pc stake in Rockefeller Group
        527 23 NYT MITSUBISHI ESTATE CO of Tokyo, one of the world's biggest real estate developers, is paying US$B46 million cash for a 51 per cent stake in Rockefeller Group, the owner of Rockefeller Center, Radio City Music Hall and other valuable mid-Manhattan office buildings.
        NYT  -  527 words
      • Article
        Lock icon Boeing strike expected to have serious impact
        319 23 Reuter BOEING CO has said a labour strike by the Machinists union, begun Oct 4, will have a serious adverse impact on fourth-quarter sales and earnings. The walk-out by about 57,000 members of the International Aasociation of Machiniats and Aerospace Workers will also
        Reuter  -  319 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      75 19 This announcement appears as a matter of record only 1 November, 1989 0 CAUSEWAY INVESTMENT LTD (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF 557,252,937 nominal amount of 6 per cent, unsecured notes to be called Loan Stock 1989/1994 at its nominal amount with Transferable Subscription Rights 1994 to
      75 words
    • Advertisement
      Page 19 Advertisements Column 2
      250 19 B Classic and revolutionary timepiece HUBUOT tiF s 1600 24 LHe is tof Mvtng in the w»n<J. me sea and the sky So4e Agent ij c/? 39A |alan Pemimptn *05-00 Union Centre Singapore 2057 Tel 259 928S (xyH£trAfr\)6- rrt Showroom Theßegent I Cuscaden Road Ml 10 Singapore 1024 Tel *****47
      250 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      366 22 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Marimuthu s/o Ragavan of No 1, Park Road #16-798 People's Park Complex, Singarore 0105, have applied for a Retail Beer Shop licence in respect of premises at M/s R. M. Muthu Store at 1 Park Road, #01-78 A People's Park Complex Singapore
      366 words
    • Advertisement
      Page 22 Advertisements Column 2
      315 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EASTPAC INDUSTRIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the Members of the
      315 words
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      Page 22 Advertisements Column 3
      325 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WESTCHEM INTERNATIONAL (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final General Meeting of the Members of
      325 words
    • Advertisement
      Page 22 Advertisements Column 4
      8 22 Taipei was closed yesterday for Chiang Kai-Shek's Birthday
      8 words
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      6 23 m K&ads The Employment Oouified Section
      6 words
    • Advertisement
      Page 23 Advertisements Column 2
      116 23 AN INTERNATIONALLY EXPERIENCED AND EXPANDING COMPUTER SOFTWARE HOUSE IS ABLE TO PROVIDE SERVICES IN THE AREAS OF PROGRAMMING IN "C", COBOL AND RDBMS. THE COMPANY SPECIALIZES IN DEVELOPING SOFTWARE UNDER UNIX ENVIRONMENT, APPLICATION AREAS TO INCLUDE MANUFACTURING, TRADING, BANKING, INSURANCE AND OTHER SERVICE INDUSTRIES SYSTEMS. THE COMPANY IS ABLE TO
      116 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      26 23 "The Net National Product—the total output of all the goods and services minus the total output of all the bads and disservices —rose slightly last month."
      26 words
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  • Article, Illustration
    Kuok bid to reschedule China loan
    444 24  -  SOME FOREIGN PROPERTY INVESTORS IN SIMILAR PLIGHT By LEE HAN SHIH, Property Correspondent HIT BY the aftershocks of the Tiananmen Square massacre on June 4, a number of foreign property investors in China, including the Kuok group, are now seeking to reschedule their loans.
    444 words
  • Article
    Lock icon KL studying worker outflow to avert critical shortage in year 2000
    330 24 Bernama THE MALAYSIAN GOVERNMENT has started a study on the outflow of workers to avoid being taken off-guard in light of a likely domestic labour shortage in the year 2000. Labour Minister Datuk Lim Ah Lek said that 100,000
    Bernama  -  330 words
  • Article
    Lock icon Controversial Indon pulp project to continue
    390 24 AFP A HUGE PULP PROJECT venture in Indonesia abandoned by Scott Paper Co of the US for economic reasons will be continued with or without foreign investment, Forestry Minister Haajrul Harahap said yesterday. "The President has issued instructions so that the Astra project can
    AFP  -  390 words
  • Article
    Lock icon Daewoo to build home appliance plant near Jakarta
    275 24 AP DAEWOO ELECTRONIC CO and Indonesia's Bimantara Citra have agreed to build a US$2O3 million home appliance plant near Jakarta, the South Korean maker announced yesterday. Company officials said a preliminary contract for the joint venture had been signed by Daewoo Electronic
    AP  -  275 words
  • Article
    Lock icon Australia offers Kodak A$36m to stay in the country
    266 24 AFP KODAK AUSTRALASIA Pty Ltd has been given a As36-million government payment to stay in the country, but other manufacturers should read nothing in the move, said a senior minister in Canberra yesterday. Industry, Technology and Commerce Minister John Button told
    AFP  -  266 words
  • Article
    Lock icon South Korean minister to visit Jakarta
    122 24 AP SOUTH KOREAN Foreign Minister Choi Ho-Joong will visit Jakarta this week to launch a partnership between South Korea and Asean in three economic fields, officials said in Seoul yesterday. During his three-day stay in Jakarta, beginning today, Mr Choi is also scheduled to
    AP  -  122 words
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    Lock icon Asean leaders in favour of US bases: Laurel
    323 24 AFP ASEAN LEADERS want US military bases in the Philippines to stay, Philippine Vice-President Salvador Laurel said in a report issued in Manila yesterday. The report was delivered to news agencies four days before President Corazon Aquino was due to leave for
    AFP  -  323 words
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    Lock icon Second Paris peace talks 'when time is right'
    103 24 AP FRANCE will be host to a second round of peace talks on Cambodia "when the time is right", French Deputy Foreign Minister Thierry de Beauce told Thai Prime Minister Chatichai Choonhavan yesterday. Mr Chatichai's spokesman, Suvit Yodmanee, quoted the French minister
    AP  -  103 words
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    Most Hongkongers not confident China will honour Basic Law
    479 24  -  By FOO CHOY PENG, Hongkong Correspondent MOST HONGKONGERS are not confident that China will honour the Basic Law, the constitutional arrangement designed to guarantee that Hongkong's existing system will remain unchanged for SO years after 1607. The lack of confidence in
    479 words
  • Article
    Lock icon HK draft law panellists expelled
    93 24 Reuter CHINA yesterday expelled two Hongkong members from a committee drafting a Constitution, known as the Basic Law, for the British colony after it returns to Chinese rule in 1997. The official New China News Agency said that the standing committee of the National People's
    Reuter  -  93 words
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    Lock icon Comex gold and sliver
    92 24 Reuter COMEX GOLD futures closed slightly lower yesterday after midsession profit-taking erased early gains. Open interest was up 3,600 contracts from last Friday. December closed down 0.40 at US$3BO.OO an ounce. That contract reached an early high of U*****.30, the highest that con- tract has been
    Reuter  -  92 words
  • LATE FILE
    • Article
      Lock icon KL could abolish tax in 1991
      58 24 Reuter MALAYSIA may abolish s development tax on companies in 1901 rather than 1003 as planned if it can be shown the move will not affect the country'* budget balance adversely, Zain Azraai, secre-tary-general of the Finance Ministry, told s group discussion organised by
      Reuter  -  58 words
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      Lock icon Memorandum on NEP
      50 24 Bernama THIRTEEN Chinese youth movements, led by the the Youth wing of the Malaysian Chineee Association, will submit a Joint memorandum on the post-1000 National Economic Policy to the National Economic Consultative Council soon, MCA Youth chief Datuk Yap Plan Hon said in Kuala Lumpur yesterday. Bernams
      Bernama  -  50 words
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      Lock icon US stand on Hanoi
      37 24 AP US PRESIDENTIAL envoy John W Vessey Jr, just returned from two days of talks in Hanoi, said in Bangkok that Washington would not recognise Vietnam until the Cambodian conflict was resolved. AP
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    • Article
      Lock icon Turkish PM elected President
      52 24 Reuter PRIME MINISTER Turgut Ozal was sleeted Turkey's new President yesterday In a controversial parliamentary vote boycotted by Oppoaition parties. Mr Ozal, a 62-year-old conaervatlve who will succeed former General Kenan Evren on November 9, won 263 votes, giving him the strsight msjority needed from the
      Reuter  -  52 words
    • Article
      Lock icon Documents on Bofors scandal
      42 24 AP INDIAN newspapers yesterday published purported documents they claim indicate that Prime Minister Rajiv Gandhi might have been involved in payoffs and coverups in the Bofors arms scandal. The government issued a statement categorically denying the reports. AP
      AP  -  42 words
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      Page 24 Advertisements Column 1
      88 24 ORCHARD ROAD AREA (OUTSIDE CBD) AVAILABLE FOR SHORT OR LONG TERM RENTAL. EACH OFFICE FULLY EQUIPPED WITH COMPETENT SECRETARIAL BACKUP, COMPUTERS, TELEX FAX. IMMEDIATE OCCUPANCY. PHONE 732-1880 FOR DETAILS. jjj AEROLEASING FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733
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      Page 24 Advertisements Column 2
      181 24 Hanoi's soft eell prolongs Cambodian crisis, Page 8 W K, HON6 \l KONG Y {HPS, j Hong Kong is coming tn the new i Exhibition Centre from January j 1990 is your chance to see the yfriw, best that over 300 suppliers from \l J I around the world have
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Freight conference adjusts CAFs
        58 25 Reuter THE FREIGHT CONFERENCE covering trade between Europe and the Far East said it is adjusting the Currency Adjustment Factor (CAF) for trade from Scandinavia to 17.50 per cent from 13.50 per cent from Nov 2. From Nov 3, it is altering the UK-Eire CAF to
        Reuter  -  58 words
      • Article
        Lock icon Nedlloyd shares on Frankfurt bourse
        86 25 Reuter DUTCH TRANSPORT and shipping firm Nedlloyd said in a statement its nominal 10 guilder shares started trading on the Frankfurt stock exchange on Monday. "This listing should be seen against the backdrop of our continuously growing international activities," it said. On Oct 23, it
        Reuter  -  86 words
      • Article
        Lock icon Ship damaged In port collision
        69 25 Reuter A JAPANESE container vessel, the 7,536 dwt Eagle Breeze, was seriously damaged when it collided with a number of ships while sailing from a jetty in Chittagong, Bangladesh, Lloyd's Shipping Intelligence said in London. The Eagle Breeze collided with a Bangladeshi floating dock and
        Reuter  -  69 words
      • Article
        Lock icon Paris fears chemical pollution
        120 25 AFP FRENCH AND BRITISH scientists were working on Monday to analyse chemicals lost by a Pakistani ship which sank on Saturday in a storm off south-west England amid fears of a new environmental disaster, officials said in Paris. The French Maritime Ministry refused to rule out
        AFP  -  120 words
      • Article
        Lock icon Korean seamen missing in collision
        101 25 AFP NINE SOUTH KOREAN seamen were missing yesterday after a Panama-flag containership rammed their chemical tanker, splitting it in two, off Cape Muroto in western Japan, Maritime Safety Agency officials said. The 755-tonne Inchon Pioneer's bow section was floating upside down after the collision with
        AFP  -  101 words
    • Article
      Lock icon Soviets award syndicated loan mandate
      115 25 Reuter EURASCO ZUERICH AG. a financing firm owned by Soviet, and East and West German interests, said it received a mandate to syndicate a US$l2l million eight-year floating rate loan for AKP Sovcomflot of the Soviet Union. AKP Sovcomflot raises funds for the Soviet merchant
      Reuter  -  115 words
    • Article
      Index to advertisers
      1075 25 Poga Column ABC Conloinarlina Elavan Accord Shpg £'0 h 3 Albotros Sao-Air Savan Alfrad C Toaptar Thirtaan Ahrantwl bw '<*• APC Una Savan API Fiva J-S ATS ThirSaan Arrow Unas Elavan Asion Ejiprtu Tan A cWoraivousing T>at«»» Altai lin* Twatva ANl Thraa Asa Soli Conodo Una Nina
      1,075 words
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      Jordan's national carrier to launch Far East, Red Sea service
      439 25  -  By JEAN FOONG JORDAN FAR EAST Line is set to launch a monthly semi-container service between the Far East and Red Sea ports in December. The national carrier of Jordan expects "a rise in trade between these regions as well
      439 words
    • Article, Illustration
      Nosac, Wallenius joint service awaiting approval from FMC
      348 25  -  By LINDA CHEE, Shipping Correspondent SCANDINAVIAN car carriers Nosac (Norwegian Specialised Autocarriers) and Wallenius Lines have applied to the Federal Maritime Commission in the United States for approval to operate a joint service outbound from the United States to Japan and Taiwan.
      348 words
    • Article
      Philippines to get more training aid from Japan
      356 25  -  By AL O LABITA, JR Writing tor Shipping Times from Manila JAPAN has agreed to extend for another two years its maritime training assistance to the Philippines, a senior official said on Monday. Labour Under-secretary Antonio Hechanova said the agreement was forged
      356 words
    • Article
      Beware of forwarders' documents, FMFF warns
      325 25  -  By ZULKIFLI ALWI THE MALAYSIAN Federation of Freight Forwarders (FMFF) has warned importers, exporters and banks to be careful of freight forwarders' transport documents. It said there is virtually a freetor all situation in the issuance of forwarders' B/Ls and reminded shippers and financial
      325 words
    • Article
      Lock icon Beira port back on world trade map
      603 26 AFP DUTCH DREDGER CREWS, Danish tugboat captains and Italian engineers are part of an international effort which is slowly putting Mozambique's Indian Ocean port of Beira back on the world trade map. Cut off from its traditional users by rebel attacks and political
      AFP  -  603 words
    • Article
      Lock icon Weekly freights
      838 26 AFP A REDUCTION in available tonnage in the Atlantic and Pacific loading zones allowed a continuation of the freights market's rally over the past week. The Baltic International Freight Futures Exchange (Biffex) Baltic Freight Index (BFI) climbed 43 points on the week to 1,636 points, taking its gains
      AFP  -  838 words
    • Article
      Lock icon Company doing good sea burial business
      219 26 AFP A SMALL three-year-old British company in Sidmouth, England, is doing a booming business burying people at sea. Since its start in November 1986, the Britannia Shipping Company for Burial at Sea has received 1,200 inquiries and signed more than 1,000 contracts with people
      AFP  -  219 words
    • Article, Illustration
      Lock icon Few Hongkong-owned ships expected to join new shipping register
      563 26 Lloyd's Ship Manager THE NEW Hongkong Shipping Register scheduled to be inaugurated in late 1990 could end up with very few Hong-kong-owned ships on it The main stumbling block will be the government s refusal to amend the Inland Revenue Ordinance
      Lloyd's Ship Manager  -  563 words
    • Article
      Container schedules/Ships in port
      1781 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO SMp Voy Arrival Tronotalnor Schedule Bfc Op Gdn Daterrim* Tlmo From Tlmo To Booking Goto Anson 8I589N *****9 0400 01/1900 01/2000 Doc Km 2 Q3 00 TO Anson 8I689N 04 1189 1100 01/1415 01/1*45 Doc R» 2 P2
      1,781 words
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      Lock icon Finnish government holds shipbuilding crisis talks
      227 27 Reuter FINLAND'S GOVERNMENT held talks on the crisis st shipbuilder Wartsila Marine Industries Inc, which faced a bankruptcy hearing yesterday, while 3,000 workers gathered to call for the shipyards to stay open. A government spokeswoman said the government had been given information by Trade
      Reuter  -  227 words
    • Article
      London Freights
      946 27 CHARTERING on the dry cargo freight market remained quiet on Monday but ratee appeared to hold at recent firm levels after the spate of demand for tonnage from the Soviet Union, brokers said. The Soviet Union is reported to have fixed another 60.000 tonner at U5513,150 daily, but
      946 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7357 36 AAMNUS London Ciywi. Trtot. Nov I<PKX Kuug> 1. Trtot. Nov 2 Kagoro. Itoarel Una. Nov 2/3 LauM Maerak. >llln> Llna. Nov 2/X NoraeM Mubarak Noraato Llna. Nov 3 Ltoo Ma, CNna Ocaan Shpg. Nov 4. hang Piomtoonce. Yang Ming Una, Nov A
      7,357 words
  • Page 25 Advertisements
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      29 25 "The Illustrated Encyclopedia of Wildlife" fniJHMMSk Fortnightly talltfooit bookshops news-stands!^ STP DMribJion For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      18 25 Lines and services represented by Members of the Registry of Accredited [fffjCjll'M Shipping Agents, Singapore National Shipping Association.
      18 words
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      Page 25 Advertisements Column 3
      231 25 BB A lively BUmSSB way with MS words m AvoMmbh at a« good bookahop* —.—i riai AM r M reoffil rUDIICtIIOn} FREIGHT LINKS EXPRESS y* "HI vr" —*1 ITS NICE TO BE— NOTICE OF REMOVAL AMONGTHE CLOUDS HHIII J1 Eft,-.—. 1 mini /n\ sunn (~L-J_\\ ******1 BUT... \TtT7 \_„J i"l!!i
      231 words
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      Page 25 Advertisements Column 4
      138 25 INSIDIE HK flag could have few ships THE NEW Hong Kong Shipping Register scheduled to be inaugurated in late 1990 could end up with very few Hongkongowned ships on it. The main stumbling block will be the government's refusal to amend the Inland Revenue Ordinance to clear up an anomaly
      138 words
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      143 26 SKUfIRCANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON NOV 1, 1009. LfGCMP: R Thunderstorm Temperature c X\ Weother Wmd dwect»on with speed m knots tan W 0 Cloudy Sky Wave heigh, Suitoc* wind* or* mdicoted by iKrowi wlwch Hy with tlx wmd (5 Q«* Ofdl represents calm or light
      143 words
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      Page 27 Advertisements Column 1
      2130 27 T^mrn^Ziaroine SHIP mac AKRCIB \lllf/ 200 Cantonment Rood *12-05 Souttipmnt, S.ngapore Q2« Milfr Tej 221x111 telex mo us 2*179 m. ;•< VfCRTIVV TERMINAL/CFS TM *****11 220 1 Doou3 bookings th *****34 23s PESAKA JAROINE SHIPPING AGENCIES SO* BHD 1 I. PO«T KELANG TEL: *****18 Tatai No. HAMnjHAXm Uu icated h>
      2,130 words
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      Page 27 Advertisements Column 2
      2507 27 jljif VMM) Voy ETA I ETD 'Port 'Panang j DESTINATIONS < LMM M Closing Tims Feeder by ■WIUHWWI—W——m—cv 7/11 0400 mrs m. Farco 4 CFS Ml IMOHBS M Tauro OAK LGB HOU MON TOW LEISE M niO 7/II 8/11 2/11 4/11 25/11 27/11 29/11 30/11 2/12 5/12 8/12 *12 *12
      2,507 words
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      Page 28 Advertisements Column 1
      1173 28 ROTTEROAM/I VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREM6RHAVEN ANTWERP LE HAVRE LONDON EXPRESS 08/581 1/11 3/11 21/11 23/11 28/11 28/11 28/11 KAABA 1 06/507 2/11 28/11 22/11 24/11 20/11 27/11 BOf#* EXPRESS 04/582 8/11 10/11 28/11 30/11 2/12 3/12 5/12 CA f<Di GAN BAY 92/509 9/11 4/12 29/11
      1,173 words
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      Page 28 Advertisements Column 2
      541 28 NORTHBOUND TO UKC SPOSE ROM/A OA* HBG MULL (U.K.) IVYBANK V-2SN *11 4/12 9(12 11/12 TAUSALA SAMOA VliN MJ *1 10,1 14,1 CLYDEBANK V-27N 30 12 29/1 31/1 4/2 'Alt* AoaftM( FCL It AM— a/traana/F«M ulanaflaalNaa»la^StMltl/6alliaatar| t SOUTHBOUND TO PAPUA NEW GUINEA 1 (ASIA-SOUTH PACIFIC JOINT SERVICE) I SPOKE I
      541 words
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      Page 28 Advertisements Column 3
      1365 28 I Eg B88a8»i &MWB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUAOPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA CIA (VIA (VIA G) HAM) ROT) NORASIA MUBARAK 8932-3 3/11 7AI 20/11 25/11 27/11 30/11 2/12 3/12 4/12 Vl2 Wl2 NORASIA AL-MANSOORAH 8933-3 10/11 14/11 26/11
      1,365 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1423 29 Steamers Maritime Holdings Ltd P&O m m STRAITS SHIPPING feat r fl0, ri ftoj rmmrta u* b??5? «/u b/u mu qu wi wi wi i**** 01/11 qu iw Wl W1 wi ACCEPTS CARGO DUE SAILS CAMkSTIa? mi 2D S? 2JH STRAITS WIDE VISE Muara. Lab. KK 31-01 Nov 03 Nov
      1,423 words
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      Page 29 Advertisements Column 2
      1701 29 J TQ: EgRQPE TO: FAR EAST H SP IM ROM NAM BRE ax WORE HK KAO BU I SSSS SLVI^L 004 22/11 W1 ***** U "Al HANJIN OAKLAND 004 C 01/11 (*ll 10/11 10/11 I !^J^5 0S1 iDii a/n wi oim (oiu 04/12 choyanc success oose u/ii ivii 17/11 a/11
      1,701 words
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      Page 29 Advertisements Column 3
      27 29 REGULAR SERVICE TO KARACHI SPORE LOADING FOR HUA HE Vlll 29/10 KARACHI *B* n SM»»USA»A MCISMM NT* CO (PT€) LTD T* 2339*31 Til RS M«11 Fli 235M24
      27 words
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      Page 29 Advertisements Column 4
      349 29 Page Five I I STRAITS/ JAPAN/ STOUTS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTsI VESSEL KOGGEGRACHT AMBALIKA COSMIC I TRADER I VOY. NO. 5 52 4 I Sport 4/11 S/ll 13/11 I P. K«lang 7/11 13/11 11/11 I Hong Kong S Yokohama 30/11 1/12 I 21/11 3/12 1 Osaka 1/12
      349 words
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      Page 30 Advertisements Column 1
      802 30 W ■Bill IRANIAN BER V ICE I Singapore Loading lor:- I »IRAN MEEIAO PJL 712 Sailed BANDAR ABBAS I IRAN TEYFOURI PJL 722 Sailed BANOAR ABBAS I OUAM/SAIFAN DIRECT SERVICE (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN 'SPARKLE' V? 3-4 NOV 16 NOV 17 NOV 'SPARKLE' V 3 NOV 12 DEC
      802 words
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      Page 30 Advertisements Column 2
      748 30 (h)h anjin shipping II FULL CONTAINER SERVICE I ri-1 g'haven FHowe V». UN UNt HAUL LAX OAK Jm am au wh »/u haw.n oamam m w k.«ujan4m vu *u ttni 1/12 m 4/12 owrwsc success om um n. pomans m vu *u U/ll I flfll «fll 'M* .5Ji MAN JI
      748 words
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      Page 30 Advertisements Column 3
      188 30 GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT KELANG PFNANG BANGKOK ALSO ACCEPTING CARGO FROM HONGKONG TO MALAYSIAN PORTS VESSEL ETA. VOY HUG BKK PWC PK BKK MKC M/V TAI BAO V» 23/10 05/11 09/11 U/ll 2S/11 M/V SHI BAO l/m 15/11
      188 words
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      Page 30 Advertisements Column 4
      1613 30 i h 111 ii l^ mjg™. SKSS" m Si %> oS *u "Si TiSKTS^^JJiIEVER GREET 2701 2*ol W W W 1W W W ?U W m W »I SA I ever cototK *u *I!IWII|IJWJW*IJ!WI(|UWI Si no w 2/2 *2 So ALSO ACCEPTING CAROO TO: I J™'*** ""TO" NORFOLK. JACMOHVIUX J)
      1,613 words
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  • Page 31 Advertisements
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      1304 31 PACIFIC INTERNATIONAL LINES (PTE) LTD am mi iHV p,l Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 [FAR east VESSEL VOY SIN JKT 9BY VOY HKO YOK WOO KM MM KB KAO MAJAPAHIT 4SSB SLO SLO SLD 40N B J/11 12/11 14/11 IS/11 17/11 I*ll *1/11 QOWA 4MB M
      1,304 words
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      Page 31 Advertisements Column 2
      699 31 l-mi P UANC STON NAM HAVEN ROAM NAV* I un** Urm Ui vu n/u n/u wu wu wu W iump i mi— n/u n/u a/u wu a/u •m b»n« ui urn wu wu j/u *u vu I cw«(m a** *11 «u wu «u w yu I urn u/u yu w
      699 words
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      Page 31 Advertisements Column 3
      359 31 DJASAGETRI A Joint Europe Sorvico Of: P.T. DJAKARTA ILOYD P.T. GESURI LLOYD P.T. SAMUKBA IN&OIMESIA P.T. TMKOtA LLOYO 1 SPORE A DAM/R OAM N BURG/ BREMEN ANTWERP "KUTAI" Villi n/u 2*ll 3/12 4/U 12/12 HA TAP AM V 74 V* I*ll 11/ l 14/1 I*l 21/1 "U BONTANG" VM-WB 2/12
      359 words
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      Page 31 Advertisements Column 4
      496 31 mam |MT vpr- M M Tflgft MYANMA \BSSV FIVE STAR LINE D (Burmese National Line) N Loading for Yangon (Rangoon) f S'pore P.Kelartg Penang Bangkok PAGAN VI47W 2/5 NOV 30/31 OCT HPA AN VI4SW MOV Z PAGAN Vim 22/24 NOV Z Z THE BANK LINE MSi/v c ffrT A cAPAgm^
      496 words
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      Page 32 Advertisements Column 1
      1302 32 M. I ttUSIaJ VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FORTUNE 17 30/10 31/10 2/11 25/U 5/12 7/12 9/12 13/12 AMBASSADOR BRIDGE 25 6/U 7/11 9/11 2/12 12/12 14/12 lt/12 20/12 NEPTUNE GARNET 23 13/11 14/11 16/11 9/12 19/12 21/12 23/12 27/12 OOCL FAIR 17 20/11 21/U
      1,302 words
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      Page 32 Advertisements Column 2
      720 32 EXPRESS CONTAINER SERVICE Accopdng FCL/FCL Contalnort S.nppo» P Katan( Pm, LOWIM« tv: Mcflwr *ti By Faada. By fmOm TULSIOAS 44 3 No* Fram/ltata/SyOvAdal KALI DAS *46 3Dk 27 Nov 27 Nov Fram/tMD/SyOvfcM TULSIOAS V.4S 20 Ok 14 OK 14 OK Fr am .%Mb.Srdr. AM KALIOAS V.47 It Jm 13 Jm
      720 words
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      Page 32 Advertisements Column 3
      568 32 Yy?Sl GOLDEN LINE CUAN GUAN SHIPPING (PTE) LTD U' T_" I T "o« Ayar Strati SINCAPOtf 0104 TIL 5343 M (10 LINES) Fa. U435M STRAITS/PERSIAN GULF SERVICE: S port P Kata« fw. GOLDEN WONDER Cotatnbo/KaradN/Datoi M Nov *IT GOLDEN HAVEN Cotambo/KaracMM* 2S/30 Ma* CHINA SERVICE CUANC SMUI Huanfpu Shanfhai In
      568 words
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      Page 32 Advertisements Column 4
      752 32 AUHUU| TTUUIIUOVnif iIUfCUIUCI If ItAW |SSiiußsßS^s^^aL^nm^^^4 VESSEL lETA SINGAPORE DESTINATION f I TBN VU, L2AI OUBAI, DAMRUN, KUWAIT 1701. WU DOHA, MUSCAT, BAHRAIN I ABU OHABI A SHARJAM B TBN VU. IVU JEDOAX (Id) WEEKLY I I AQABA, HOOtIOAH m ITiS VU. 101 MXOMC. BE TOKYO. KmUAcT"? 11/11 KAOMSIUNC, MANILA,
      752 words
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      Page 33 Advertisements Column 1
      1506 33 NEPTUNE AGENCIES PTE LTD syyy/ Bookings: FE/EUROPE *****53.*****19, ANRO-*****18 TPA-*****42/*****16, lAS *****48 KB Documentation: *****44/*****14 2JJ222 Termini: *****22 CFS: M 2 *****50/*****40 yyy NEPLINE SDN. BHD lyy' KJL *****33, P. Kelang *****87, Penang *****0 J. Bahru *****0,*****1 H m VSL/VOY PEN PKG SGP MOTHKB VSL/VOY 9GP LKH PLX «DM HAM
      1,506 words
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      Page 33 Advertisements Column 2
      943 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENAMC p KELANG MESSRS MAI THONG SHIPPING 127 PenineStreet, Peiw* Malaytu M/S HANDCIMC SYSTEM CO SON BHD
      943 words
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      679 34 i^DSR^JN^I^! TEGRATED CONTAINER SERVICE OF EACON SERVICE EAST MEDITERRANEAN ft RTH CONTINENT EUROPE BOUND SIN *LCA ANT ROM NBG RST LBRICMT MS tt/U 3*ll 08/U «/12 11/12 14/U ENOA 3W UW U/U 2S/U 25/12 2</U 01/01 (OTEWOHL V«/K 14/U 21/12 W1 W */01 IVOI naw W 2)02 13/01 22/01 22/01
      679 words
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      Page 34 Advertisements Column 2
      940 34 HEUNG-A SHIPPING ■jfeSlM Korean Flag Vessels STRAITS/KOREA SERVICE VMMI'i Nam* ETD BS SPORE PKLG KEE BUSAN MO JI WO I DONAN/910N 22/10 01-03/U 04-05/11 13-13/11 U-11/11 2101 NO» DONAM/911N 31/10 10-12/11 13-14/11 22-22/11 25-27/11 2S/U S.DIAMOND/V4N 09/11 15-21/11 22-23/U OS-01/12 11/12 HKG 79/11 IN 4/12 NO I DONAM/9UN 1«/11 21-30/11
      940 words
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      Page 34 Advertisements Column 3
      178 34 Eonterml GUARANTEED WEEKLY CONSOL TO/FROM: SWEDEN GOTHENBURG, OSLO USA LOS ANGELES, LONGBEACH EUROPE HAMBURG, ROTTERDAM ANTWERP Also provide Transshipment, Door-to-Door Factory Handling Services CONTERM FREIGHT (F.E.) PTE LTD. S PORE TEL: *****33 FAX: ******1 P. KELANO TEL: 03-*****17 FAX: 03-*****71 Wg&fEPSfi7W7773NH! MANILA FULL CONTAINER SERVICE VESSEL VOY I SING I
      178 words
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      Page 34 Advertisements Column 4
      570 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU YSL ETA ETO LOADING FOR DELI INOAH 2.11.89 4.11.89 PANJANG/PK BALAM NAGA JAYA 5.11.89 8.11 89 PANJANG LAMPUNG JAYA In Port 4.11.89 SEMARANG/PANJANG PINANG JAYA 10.11.89 12.11 89 PANJANG/PK BALAM PERITA JAYA 4.1189 5.11 89 PANJANG/JAKARTA ABADI JAYA 10.11.89
      570 words
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      Page 34 Advertisements Column 5
      472 34 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) mm, voy JENLINK Imw Fri JfU Hon Ifll DCJA BHUM 02N Fri »11 «/l1 KITI BHUM BIN Sun S/U N«) tfll PIYA BHUM mw Tu> 7/11 7ri W1 AKA BHUM m Thur VII Sun ~uju~ DEJA BHUM 03W S»t 11/11
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      Page 35 Advertisements Column 1
      2636 35 I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI I LANKA SRIMATHI 71W 04/11 15/11 I LANKA SIRI 130W 19/11 I LANKA SRIMANI 72W 03/12 15/12 I LANKA SIRI 131W 04/12 I ALSO ACCEPTING CARGO (FCL/LCL) FORI A) INDIAN PORTS I MADRAS TUTCORIN COCHIN MANGALORE BOMBAY I B) ARABIAN GULF PORTS I SHARJAH
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      Page 35 Advertisements Column 2
      251 35 (him 11 wimhimVl ItO AUSTRALIA/NEW ZEALAND II Wt t i»|i i| fnai*ti| fc>nni o—, |j| I TWT Lxmss Z3SH ~UU 755 I*U ~VU U/U I*U II I MUD* a *fu Hu *u I*o mu am T 5* H mussel m iH tn "Si ~w tOi mi <2 H cvemukzh ~w
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      Page 36 Advertisements Column 1
      85 36 GOODWAY LCL ACCEPTANCE TO NOUMEA. FIJI SIN HKC NOUMEA SUVA 11/11 »U 11/12 25/U 5/12 l/l 9/12 20/12 15/1 28/12 5/1 J/2 EXPRESS SAILINGS TO PAPUA NEW GUINEA VESSEL SIN PORT MORESBY LAE MORAYBANK 16/11 26/U 2/12 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA
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      Page 36 Advertisements Column 2
      559 36 4^ a ocßmSißuicE P* J LCL/FCL SERVICE TO/FROM I (486) Ml JOF operetaj ow 600 terminais/offtoee in U.f .A. f II 4 CSSF 1 maintains over 36,000 tr—o>i Ik trweks. II CSF* •WW over 60.000 points in WSJL V lyp f General Agents: of} KU: allied-LINK SINGAPORE: /"/T:?\ $SBr 04-*****2
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      Page 36 Advertisements Column 3
      353 36 EXPRESS SERVICE to/from CHIi Fgot* s-ratitaoTNo Vissa nk toko mica kjq mm valf sai en sSIiiSCARGO FOR PUNTA ARENAS. TAICAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO S*ngapor« 2232*0 K. Lumpur *****25/1/8, 733C15, Bookings *****01 P. Keiang *****11 UN PTL DM OHFU VOY29W 08/11 19/11 24/11 ALS PROSPERITY VOYSOW 19/11
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      Page 37 Advertisements Column 1
      1232 37 5 t** pwt NUINLINCR [LAX |KST fSAV frrc kx W MMBOMA Vl2 IVU 1//U l*U 21/12 Zk U VESSEL 11/11 lIN IBERIA VU I*IU UIU IWI2 J\ll2 9 (2IJJ KAOHSIUNG 17/11 M HAIFA 14/L2 7VU 9 pM OSAKA Wl 2IM MONTREAL 11/U I|U j MM AUSTRALIA CONTAINER SERVICE S I
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      Page 37 Advertisements Column 2
      608 37 I [HP" KWANG HANG mm i TRANSPORTATION (PTC) LTD =sW== WEEKLY LCL/FCL SERVICE VESSEL |S PORE I JAKARTA I SURABAYA JENHOL 140 4/11 7/11 I A VESSEL 1/11 4/ii i VESSgL |S PORE BANGKOK vessel 1/11 [A VESSEL 5/11 8/11 DESTMATIONS ETA SINGAPORE PORT KELANG MAMI! A niv v HONG
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      Page 37 Advertisements Column 3
      522 37 Imx PERINTIS LINE I I ...fljnM.Mii 11 WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD j PRASETIA 38 39A 4/11 5/11 7/11 7/11 I I PRABHAKTI 400-401 A 7/11 7/11 9/11 g/ n II PRABHAJTI 11/11 12/11
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      Page 37 Advertisements Column 4
      393 37 I IM I 5/11 KEELUNG/KAOHSIUNG 3/11 BANGKOK I 3/11 MANILA I 5/11 JAKARTA I 4/11 PORT KELANG/PENANG I 6/11 BUSAN I 7/11 TOKYO/YOKO/KOBE I 8/11 HONG KONG also accepting cargo to Huangpu She-izhen/Fuzhou/ Xiamen/Xingang/Shangtiai I «a atiai I 4/11 LDN/FLX/LVP/SOU I 4/11 ROM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech.
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      Page 38 Advertisements Column 1
      951 38 A HYUNDAI MaMffdMiaiiiai MERCHANT MARINE CO., LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK SEA FROM PSW lIH OAK SEA HKC SIN LALANDIA 27E 03/11 OS/11 27/U 30/11 03/U HYUNDAI COMMANOCR UN 02/10 OS/10 «/M 20/10 02/11 HYUNOAI CHALLENGER 2* 10/11 10/U 04/17 07/12 10/12
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      Page 38 Advertisements Column 2
      240 38 OEC CONTAINER FREIGHT (S) PTE. LTD. (AGENT FOR TOP NVOCC ORIENT EXPRESS CONTAINER CO LTD) Fixed Weekly Consol on ANERA Lines To All Points In USA via LA/LB SINGAPORE ETC LA/LB SFO CHI NYC BOS TO 2/11 25/11 29/11 28/11 3/12 3/12 9/11 2/12 6/12 5/12 10/12 10/12 »'WT:I 10/11
      240 words
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      Page 38 Advertisements Column 3
      941 38 te JE CONTAINER LINE _j2~ TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST TOJJT WUMC Jfll ft I*ll MANILA A 13/11 4/11 4 V 1 BUSAN 2/11 7/11 W ft 12/11 TOKYO 2/U 7/11 MM ROM 2/U ft 1/11 KOBE 2/11 ft 7AI 2/11
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      Page 38 Advertisements Column 4
      577 38 UK/CONTINENT (TRIO) •A* A«**, ft s po,, r r>iiiM $°tM Hi«n i'mmw l** A l nn««. stictMfa lodoon cxpacss i/u «i am au »u am am m**. r Vf RAIMAI VU il mi rn W1 U1 I I ;To M< smcumm. n*w* SSK as S 1 I s MEDITERRANEAN MED
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