The Business Times, 6 September 1990

Microfilm: NL17107
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday September 6 1990 75*
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  • NEWS SUMMARY
    • Article
      Move to S'pore
      22 1 CATERPILLAR Inc, the world's largest earth-moving equipment manufacturer, is shifting most of its Hongkong operations to Singapore. Page 2
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    • Article
      $13m dearer
      33 1 SENTOSA Development Corporation will have to fork out $13m more to develop its south-western coast into a beach because of higher costs arising from a delay in the project Page 2
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    • Article
      Mini revolution
      33 1 SPURRED BY greater awareness of its role in society, the Thai insurance industry is on the verge of a mini revolution as operators prepare to diversify into related businesses Page 8
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    • Article
      Call for urgent action
      33 1 SOVIET President Mikhail Gorbachev, struggling to avert economic collapse, demanded urgent measures to bring in the grain harvest as bread became scarce in Moscow and other areas Page 9
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    • Article
      Long-term presence
      57 1 US SECRETARY of State James A Baker III told Congress that the Administration intends to maintain a long-term military presence in the Persian Gulf area even if Iraq agrees to withdraw from Kuwait Page 10 A BUMPER CROP OF TROUBLES 12 IS IT JUST A LOT OF HOT
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    • Article
      Salute to menswear
      30 1 THE French menswear fashion industry celebrated 30 years of style last week. Suzy Menkes takes a look at how menswear has changed over the years. Page 19
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    • Article
      R&D centre
      29 1 FINNISH telecommunications giant Nokia will set up research and development facilities in Singapore next year to adapt its European technology to Asia-Pacific markets Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow up
      47 1 THE New York stock market was narrowly mixed yesterday morning, continuing the sluggish pattern of the past couple of sessions. The Dow Jones average of 30 industrials rose 0.49 to 2,613.86 in the first hour of trading Gainers outnumbered losers by about 5 to 4.
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    • Article
      Footsie up
      36 1 LONDON share prices were higher at midday yesterday as the market drew strength from Wall Street's late recovery the day before. At 1126 GMT, the FT-SE lOC-share index was up 14.7 points at 2,162.7.
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    • Article
      Advice for Holders
      44 1 MINORITY shareholders of Robinson Co have been advised to accept a proposal which will, among other things, make it a party in concert with the Frascr Neave (F N) group in a general takeover bid for Ccntrcpoint Properties Ltd Page 3
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    • Article
      Whose risk is it?
      20 1 LIFE may be full of risks but not so it seems for our underwriters Page 3
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    • Article
      More venture funds
      25 1 SINGAPORE, aiming to inherit Hongkong's leading role in South-cast Asia's venture capital market, expects venture funds to double this year Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 638.01 +3.31 Kuala Lumpur ....551.80 +0.98 Hongkong 3,039.69 -14.47 Tokyo 24,078.34 -829.30 Sydney 1478.4 -15.1 Tuesday Change New York 2613.37 -0.99 London ,.2148.00 -18.60
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    • Article
      CURRENCIES
      21 1 Exchange rates US! SSI.7520 Yen S$ 1.2316 MS SS0.65I5 Mon«y market rates Overnight 6 1/2% +11/16 3-month 6 7/16% -1/8
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    • Article
      COMMODITIES
      35 1 London Gold PMfix US$383.30 US$1.90 Rubber S'porc Oct 158.25Vkg -3.00 M'sia Oct 242.50«/kg -1.00 KL Tin Turnover IS tonnes -35 Spot M$l5.25/kg +0.15 Crude palm oil Turnover 357 lots -135 Sept M$663 /tonne unch
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  • Article, Illustration
    Bank Duta's entire board of directors fired
    412 1  -  By David Chew THE WHOLE board of directors of Indonesia's Bank Duta has been fired by its majority shareholders, while the country's central bank has placed the private bank under tight supervision after it was found to have "operational mistakes in foreign exchange
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  • Article
    Greenback at all-time low against Singapore dollar
    171 1 A GROWING belief that the US Federal Reserve may soon ease crcdit policy caused the US dollar to fall sharply lower against most major currencies yesterday. In Singapore, the US dollar closed at a new all-time low of SS 1.7530, down from Tuesday's
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  • Article
    Diesel vehicle operators likely to raise rates
    448 1  -  By Dexter Lee ALTHOUGH most operators of diesel vehicles have no immediate plans to raise their rates after the recent increases in diesel costs, they are keeping close tabs on the situation. Indications are that it is only a matter of time before
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  • Article, Illustration
    Lock icon Iraqi plane leaves for Amman with 157 women, children
    243 1 The Gulf Crisis Agencies AN IRAQI AIRWAYS plane left Baghdad yesterday taking 157 Western women and children to Amman. Western diplomats said the passengers included 62 Frcnch, 23 British and unspecified numbers of Americans, Italians, Belgians, Greeks and Australians. About 1,000
    Agencies  -  243 words
  • Article
    Johor needs more investment in facilities
    377 1  -  By Suzanne Soh in Johor Bam MORE MONEY is needed to boost Johor's infrastructure if the Malaysian state is to keep pace with new developments in the economic Growth Triangle, said Johor's Mentri Besar (Chief Minister) yesterday. A new free trade zone in Johor,
    377 words
  • Article
    Lock icon Tokyo urged to discuss Soviet 8-point plan
    192 1 AFP SOVIET Foreign Minister Eduard Shevardnadze yesterday called on Japan to discuss an eight-point plan to reduce military tensions between the two countries, Japanese officials. Mr Shevardnadze unveiled the "confidence-build-ing measures" in talks with Foreign Minister Taro Nakayama on the first day of
    AFP  -  192 words
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      Page 1 Advertisements Column 1
      219 1 Burberrys'-: i) i Keigns when it pours Advcrtamc Marketing 14.15 Changer Rstts -29 I Work! News 9, 10 Money Market 27 World Stock Markets 26 ImmJl 0 r tini-ji ILI Ofl Q am ..AJ ft r O wrcran xneouie n Kegjooai News 8 Commodfies 28 Reponal Stock Markets 25 For
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      Page 1 Advertisements Column 2
      44 1 Oil finds THESE are no easy times for oil majors. BT tracks down A V Liventals, chairman of Mobil Oil Singapore, and Dick van Hilten, recently retired chairman of Shell Singapore, to tap their views on the oil and petrochemical industries. See Page 13
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      Page 1 Advertisements Column 3
      33 1 Moscow wants Mid-East conference set up, Oil futures soar on prospect of tight supplies, Page 10 B1 r 1;> n c i I 1 If- I I LLLuiij W ,1111 I, •N*taii|||N talteu*.
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      Page 1 Advertisements Column 4
      7 1 BALLY Sole Agent Batty Singapore Htm Ltd
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        MOE raises budget for independent schools
        75 2 THE EDUCATION MINISTRY will increase its budget under the Financial Assistance Scheme for independent schools to $2.8 million next year. This means that one in three students in such schools will qualify for subsidised school fees, instead of the current one in 10. To
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      • Article
        Call to support fitness plans
        74 2 MANAGEMENT of statutory boards should work towards improving their employees' health by supporting health and fitness programmes, urged the executive director of the Singapore Sports Council, Lau Teng Chuan. This could come in the form of provision of facilities, giving time-off or granting funds. Opening
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      • Article
        MUIS collects $161,000
        64 2 THE SINGAPORE Muslim Religious Council (MUIS) has collected more than $161,000 for Iranian earthquake victims. The president of MUIS, Ridzwan Dzafir, yesterday handed a cheque of that amount to the Ambassador of the Islamic Republic of Iran, Mohammad Mehdi Sazegara. Mr Mohammad Mehdi, who is based in
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      • Article
        Ngee Ann's career seminar
        76 2 NGEE ANN POLYTECHNIC'S APU and Student Counselling Unit is organising a career guidance seminar for secondary school teachers. It aims to equip teachers with knowledge on how to counsel their pupils to make informed decisions concerning their career and education prospects. More than 170 teachers from
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      • Article
        Chest Christmas cards for sale
        99 2 THIS YEAR'S collection of Christmas cards produced by the Community Chest are designed by Yeang HDS, a local graphic design firm. Among the 12 designs, five have local themes such as kopi-tiam, Vanda Miss Joaquim and HDB flats. Other designs include traditional Christmas favourites. Each
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      • Article
        Corrections and clarifications
        105 2 IN THIS COLUMN yesterday, we gave the impression that only Singaporean part-time workers could join unions. In fact, all part-timers can join unions but only Singaporeans can be union office-holders. And in yesterday's article about "Who can buy residences in Batam, and who can't", we reported that
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    • Article, Illustration
      Caterpillar moving Hongkong operations to Singapore
      471 2  -  By William CMa CATERPILLAR INC, the world's largest earth-moving equipment manufacturer, is shifting most of its Hongkong operations to Singapore. It is transferring its marketing, advertising and promotions, and service engineering functions for Asia from the British colony to Singapore next June. For the
      471 words
    • Article
      Delayed project costs Sentosa $13m more
      369 2  -  Sangeeta Mulchand SENTOSA Development Corporation will have to fork out $13 million more to des vclop its south-western coast into a beach because of higher costs arising from a delay in the project. This will bring the total cost of developing the 3.2 km
      369 words
    • Article
      Asean journalist exchange scheme kicks off
      242 2  -  From Shoeb Kagda in BANGKOK JOURNALISTS from Asean's six member countries launched the Fourth Asean z Exchange of Journalist Pro- Jjj gramme in the Thai capital yesterday with visits to the city's main radio and television stations. The visits were in line with the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      103 2 THE SAME IN 1 v 1P *BJ^H a duo true the two elec- one teiminal. *BBg|M^^Bjg^|^Y |L *.-^^^^H|jp]B^^^H^H 1 tronic banking systems. Hexagon from Both Hongkongßank and Midland H I Hongkongßank, and MAPS from are known for technology. jjflußß^^^^^H Midland Bank. Now ]^Hi I a Hexagon or MAPS you move
      103 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Robinson's shareholders advised to partake in bid
      523 3  -  By Lee Han Shih MINORITY shareholders of Robinson Co have been advised to accept a proposal which will, among other things, make it a party in concert with the Fraser Neave (F N) group in a general takeover bid for Centrepoint Properties Ltd.
      523 words
    • Article
      Lock icon MCB Holdings to expand land bank in Klang Valley
      280 3 Bernama MCB HOLDINGS Berhad will continue to replenish and expand its land bank in the Klang Valley following the completion of its major projects in the area, its chairman, Tengku Sulaiman Shah AlHaj Ibni Sultan Salahudin Abdul Aziz Shah, said. He
      Bernama  -  280 words
    • Article
      Lock icon Mun Loong says Lot 10 opening will boost activity
      314 3 Bernama MUN LOONG BHD is optimistic that the opening of the Lot 10 shopping complex near its flagship outlet in Kuala Lumpur Plaza will boost activity there, its managing director, Mr Soon Show Voon, said today. He told newsmen after the
      Bernama  -  314 words
    • Article
      Whose risk is it anyway?
      675 3  -  THE HOCK LOCK SIEW COLUMN By Conrad Raj LIFE may be full of risks but not so it seems for our underwriters. Although underwriters are hired to "undertake" the risk that companies otherwise would have to bear on their own in making a new or
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    • Article
      AHL sells travel firm at a loss
      325 3  -  By John Tan DIVERSIFIED group Ambassador Holdings Limited (AHL) has sold off its mon-ey-losing travel business for $78,651 a business it originally paid $1.3 million for. In a statement to the stock exchange yesterday, AHL said that its entire stake of 1,315,000 shares
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    • Article
      UPP interim earnings down sharply
      190 3 DUE TO a weaker US dollar and softer paper prices, United Paper and Pulp Co (UPP) saw its interim group profit for this year plummet by 64 per cent to $549,000. However, the drop in turnover was less drastic, falling by 7 per cent to
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    • COMPANY BRIEFS
      • Article
        Sunshine Allied picks financial adviser
        58 3 UNITED MERCHANT BANK Ltd has been appointed as financial adviser to the independent directors and minority shareholders of Sunshine Allied Investments Ltd in respect of the takeover offer by Welland Investments Pte Ltd, a whollyowned subsidiary of GCIH Property. GCIH Property is in turn a
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      • Article
        Changes at Hong Leong
        43 3 HONG LEONG Industries Bhd yesterday announced the appointment of Mr Kwek Leng San and Mr Nga Been Sing as group managing directors, while Mr Lim How Soon, currently the managing director, has been redesignated as senior group managing director.
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      • Article
        PMH ups subsidiaries' capital
        59 3 PAN MALAYAN Holdings Ltd (PMH) has increased the paid-up capital of its wholly-owned subsidiary Tat Chuan Development (Pte) Ltd from $2V> $1 million, and that of Shen Chuan Development (Malaysia) Sdn Bhd, a whollyowned subsidiary of Sin Chuan Development Pte Ltd from Ms 2 to M$
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      • Article
        CMB Packaging suspension
        19 3 TRADING in CMB Packaging shares was suspended yesterday pending the release of its interim results today.
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      • Article
        A different Ng Cheng Kiat
        124 3 MALAYSIAN Health Minister Ng Cheng Kiat said yesterday he does not own any shares in Amalgamated Industrial Steel Berhad as reported by Bernama. The Bernama report had stated that Mr Ng had increased his stake in the company by purchases of an additional 34,000 shares
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      • Article
        Deadline for trust funds
        68 3 EXISTING unit trust funds in Malaysia have been given six months from Sep I to comply with the new guidelines on their operations, according to details released by Bank Negara yesterday. Among other things, the guidelines require management companies of the funds which are unable to
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      • Article
        Kemayan profit plunges 71pc
        72 3 KEMAYAN OIL PALM Bhd has recorded a 71 per cent fall in its group consolidated pre-tax operating profit to M 51.51 million for the year ended May 31, 1990 from MJ5.22 million a year earlier. Kemayan said group consolidated operating profit attributable to shareholders amounted to
        72 words
  • Page 3 Advertisements
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      179 3 Model No. 8A3130T Legends have sought this watch. Napoleon. Wellington, too. And the crowned heads of England, France, Italy, Spain and Russia. Then, as today, those who shape destiny are quick to pursue that which seems most uncommon. That which cannot be hurried. Or imitated. Or easily obtained. So rarely
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Taiwan oil firm plans bid for US company
        112 4 TAIWAN'S state-owned Chinese Petroleum Corp (CPQ is planning to bid for Union Texas Petroleum Holdings Inc of the US, a senior company official said. He said CPC had contacted the US oil company and would make a formal bid later this year.
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      • Article
        Bond lobbyists
        84 4 BOND CORPORATION Holdings Ltd bond holders have set up lobbying groups to discuss the restructuring of the company's outstanding debt, Peter Lucas, Bond Corp's director of public relations said. "The formation of (two) committees, each comprising six members, fufils one of the (three) proposals outlined at bond holders'
        84 words
      • Article
        C Itoh considers Soviet office
        94 4 C Itoh and Co Ltd is considering opening a branch office in Khabarovsk in the Far East of the Soviet Union by March 1991 which would initially conduct research on trade regulations and market prospects in the region, a spokesman for the trading house said.
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      • Article
        Tokyo equity issues seen falling
        83 4 EQUITY-LINKED FINANCING raised by Japanese companies at home and abroad is expected to be down 81 per cent in the six months ending Sep 30 from the same period a year earlier, a Nomura Securities Co Ltd spokeswoman said. Data gathered by Japan's 46 fully-licensed
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      • Article
        Philex profit down 47pc
        62 4 PHILEX MINING Corp, the Philippines' most profitable mining firm, suffered a 47 per cent drop in its first semester net income due to low world prices, lower production and weather disturbances, the company president said on Tuesday. Philex, in a break with long-standing tradition, will not
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      • Article
        Weaker gold, healthier coal
        75 4 AUSTRALIA'S Pancontinental Mining Ltd said the impact of a weaker gold price on 1989/90 earnings was offset by an improved contribution from coal operations. It earlier reported group net profit rose to A 527.30 million for the year ended June 30 from A 525.07 million a
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    • Article
      Lock icon Hitachi takes aim at US customised chip makers
      355 4 Reuter HITACHI LTD, Japan's biggest electronics firm, is looking to challenge the US customised chip market, but will need the benefit of superior US technology to do so, industry analysts in Japan said. They said US chipmakers, still smarting from losing to
      Reuter  -  355 words
    • Article, Illustration
      Playmates riding high on Turtles
      277 4 PLAYMATES International Holdings expects further financial feats from its Mutant Ninja Turtles, thanks to royalties that promise to show up on next year's balance sheet. Although American sales continue to be the backbone of Hongkong's most famous toymakcr, the success of Turtle products should bring
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    • Article
      Writ filed against Jademan directors for damages
      248 4 TEN DAYS after regaining control of Jademan (Holdings), Tony Wong Chunloong has filed a writ against the company's directors for damages caused by breach of fiduciary duty to Jademan, plus interest and legal costs, the South China Morning Post reported on Tuesday. The
      248 words
    • Article
      Toy company seeks Thai expansion
      243 4 ONE OF THE world's biggest toy companies, Hong-kong-based Universal Matchbox Group, wants to expand its Thai production plant to get ready for the launch of a "Made in Thailand" line, The Nation has reported. In 1982, Universal Matchbox Group acquired a licence covering production of
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  • Page 4 Advertisements
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      199 4 What sort of impression are you making at work? I t 4 u —-Ir H g! bsssssz, 'r/ i Lr' v 1 ■J. V W r•*- «u H Mm m»....... It goes without saying, you need to make a great absolute ease. There's range of impression to succeed at work.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      79 5 t I J&k, V. Jrt4&K~k m&& t -<■-, "*-f as •;£r%' >t j/ -Sf f v > <S Ai *> t^:,/ i j j^^^s^m&^bl -*jE?"^..fJPja ISg s: v >1 \> *r>,: r •i j tern j®* fc <■ rf <f .-WjuTw- ||B3 JIpN-N.. H &sSg&«^ti®iQ T J& sr V 'mmsmKHß/F^^*£ls»gy
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        No comment from INI on its Bonn request
        102 6 SPAIN'S STATE-OWNED holding company Institute Nacional dc Industria (INI) said it had no comment on news from Bonn that it had asked the German government to approve a blocked takeover of its 100 per cent owned truck maker Empresa Nacional de Autocamiones
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      • Article
        St Louis buys Spain's Frudesa
        103 6 FRENCH sugar, prepared foods and paper group, Groupe Saint Louis, has bought a controlling stake in a leading Spanish frozen food firm, Frudesa SA, said Saint Louis chairman Bernard Dumon. Dumon said Euralim, the 100 per cent-owned unit of Saint Louis, had acquired 60 per
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      • Article
        Morgan Place stake sold
        74 6 US BANK J P Morgan said on Tuesday it sold a majority stake in the office complex which will house its future London headquarters to Japanese concern Sumitomo Life Insurance Company for £220 million. Sumitomo will hold a 52.5 per cent stake in Morgan Place, the
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      • Article
        Cogespar, Altus to buy Tuffier?
        94 6 A PARIS commercial court proposed that Cogespar, headed by a Nantes investor, Francis Lagarde, and Altus Finance, 50.1 per cent owned by Credit Lyonnais, take over failed brokerage TufFser-Ravier-Py for 156 million francs, court sources said. Lagarde has financial guarantees from an Altus Finance subsidiary,
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      • Article
        GTE ends talks with Thorn
        138 6 GTE CORPORATION has ended discussions with Britain's Thorn EMI after being unable to agree on terms for GTE's proposed purchase of the British company's lighting business, GTE said. The discussions were initiated in May when both companies had said the worldwide demand for lamps and
        138 words
      • Article
        H&C's Crossley deal cleared
        66 6 TSIE UK Department of Trade and Industry (DTI) said it h& decided not to refer Harrisons and Crosfteld pic's purc|pse of Crossley Builders Merchants Ltd from Bowater Industries pic to the Monopolies and Mergers Commission, httrrisons and Crosfield, a chemicals to plantations group, sqid in May
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    • Article, Illustration
      Lock icon Chrysler extends economy drive
      270 6 AFP THE number-three US automaker, Chrysler, said on Tuesday that it would be extending its current economy drive by a year and US$l billion. At the same time, Chrysler is looking for a European partner to cooperate on vehicle distribution and design. In an interview published
      AFP  -  270 words
    • Article
      Lock icon US drug firm forging links in Europe
      272 6 AP BRISTOL-MYERS Squibb Co has entered agreements to acquire a minority stake in UPSA Group and to develop the French company's nonprescription drug operations worldwide, the companies announced last week. Bristol-Myers Squibb would have the opportunity to acquire the remaining shares of UPSA
      AP  -  272 words
    • Article
      Lock icon Elf Aquitaine's net profit up 15pc in first half
      288 6 AFP FRENCH oil group Elf Aquitaine made a consolidated net profit (group share) of 4.9 billion francs (about US$95O million) in the first half of the year, up IS per cent from the 4.3 billion francs scored for the same period
      AFP  -  288 words
    • Article
      Lock icon German chemical firms post poor interim results
      451 6 Reuter THE Gulf crisis has worsened an already bleak outlook for the West German chemical industry which reported lower earnings in the first six months of 1990, share market analysts said. Pessimistic analysts had already predicted a downturn in first-half earnings, but some
      Reuter  -  451 words
    • Article
      Lock icon British electricity loans now in syndication
      198 6 Reuter THE SOON to be privatised UK regional electricity companies have all arranged short-term funding facilities, totalling almost £4 billion. Eleven of the 12 companies have opted for syndicated loans, all of which are now in the maricet, banking sources said. Despite current tightness
      Reuter  -  198 words
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      153 6 An exclusive treat for Diners Club Cardmembers. £&k This September, Diners Club Cardmembers are in for an exotic treat: for every meal above $50 charged to the Diners Club Card at TRACER VK'S the Trader Vic's, members will receive a Of SAN FRANCISCO (Level 5) complimentary 'Diners Platter'.. sumptuous portions
      153 words
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      Page 6 Advertisements Column 2
      138 6 4k 4 *5 i vr u-'',? 4 H -i IT' 11 H n -i V\( i 4. -f \4 r r\ FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS t Stories on labour and its relationship with 1 I management, management concepts in practice, /o I V) profiles of leading managers in
      138 words
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  • FINANCIAL NEWS
    • Article
      Lock icon S'pore expects venture funds to double this year
      467 7 S 'pore expects venture funds to double this year Reuter SINGAPORE, aiming to inherit Hongkong's leading role in South-east Asia's venture capital market, expects venture funds to double this year. The British colony is losing its edge because of uncertainty over its future when it reverts to Chinese rule in
      Reuter  -  467 words
    • Article
      Lock icon Australian insurance firm eyes Asian markets
      228 7 AFP AUSTRALIAN and New Zealand insurance giant AMP Society said on Tuesday it would begin participating in Asian markets. The company's international chief general manager lan Salmon said in a statement that the Asian market for goods and services was growing at NZ$4 billion
      AFP  -  228 words
    • Article
      Hutchison rejects US offer to invest in portfolio
      282 7 HUTCHISON WHAMPOA said no to an offer from an American savings and loan to invest in a US$6OO million portfolio of properties and developments, mainly in the Washington DC area, the South China Morning Post reported on Tuesday. Thomson Farasy, president of
      282 words
    • Article
      Lock icon Six Japanese banks placed on credit watch
      231 7 Reuter IBCA, the international credit rating agency, put the debt of six major Japanese banks on credit watch for a possible downgrade of their long-term debt from AAA, citing capital pressures, IBCA*s Mark Gross said. "We put them on credit watch because of
      Reuter  -  231 words
    • Article
      Lock icon Credit Lyonnais stunned by UK govt's decision
      245 7 Reuter FRENCH state-owned bank Credit Lyonnais was stunned that the British government referred its proposed stake in finance firm Woodchester Investments pic to the UK Monopolies and Mergers Commission, a bank spokesman said. "We were extremely surprised at this decision because the British
      Reuter  -  245 words
    • SMALL CHANGE
      • Article
        Salomon's role in Brazil's privatisation
        109 7 SALOMON Inc's Salomon Brothers Inc and private sector financial company will jointly develop bidding groups to participate in the Brazilian government's pnvitjiation programme, Salomon said. It expects the first tions, which are part of president Fernando Collar de Meuos ambitious economic restructuring programme, to begin
        109 words
      • Article
        NZ bank forms property unit
        90 7 BANK of New Zealand Ltd said it had formed BNZ Property Holdings Ltd to acquire selected properties from companies unable to meet their liabilities to the bank. It said the net effect of the move would be to remove a number of debt ridden properties
        90 words
      • Article
        Pargesa shelves share plan
        76 7 THE Pargesa group has shelved plans to sell its 61.6 per cent AarnhnMing in UK merchant bank Henry Ansbacher Holdings pic because of uncertainty created by the Gulf crisis, Henry Ansbacher said in a statement. Pargesa said in June it planned to sell its majority stake
        76 words
      • Article
        Milano buys LLoyd stake
        72 7 MILANO Assicurazioni Spa, a subsidiary of La Fondiaria Assicurazioni Spa has bought a 60.1 per cent stake in Italian insurer LLoyd Internazionale for 95 billion lire. The company said in a statement it would also be buying a 10 per cent state in Gnippo Tirrena Assicurazioni,
        72 words
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      Page 7 Advertisements Column 1
      123 7 I u lTWr- ■<.*.. j*Mi&j p it k w .-'a* -4* |HHHHH 3MA^BLtt Jf#: ji? Jm. j'^* 4 i It's easy to surrender to AMAZONE, in its new, contemporary look. After all, it calls for a celebration, a You are unashamedly deviously feminine Yet:secureto the Mri* of union with the
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      30 7 tjajH -v-:- mm: X AW_ "Normally I'd commend a perfect attendance record, Fenster, but the fact is, you're making a mockery of vrtwt is supposed to be a no-show job."
      30 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Drop of 15.1 pc in Taiwan's trade surplus
        107 8 TAIWAN'S foreign trade surplus in the first eight months of 1990 dwindled 15.1 per cent from the same period last year to US$B.Ol billion, according to government figures released yesterday. Exports in the January-August period slid one per cent to U5544.03 billion,
        107 words
      • Article
        Taiwanese CPI surges
        77 8 TAIWAN'S consumer price index surged 5.63 per cent in August over a year earlier, bringing the inflation rate to 3.9 per cent for the first eight months of the year compared with the same period in 1989, an official said yesterday. Yu Chien-min, director of the Directorate
        77 words
      • Article
        Unofficial monetary policy
        70 8 AUSTRALIAN Treasurer Paul Keating said Australian banks were in effect operating an unofficial monetary policy through their high interest rates. Keating said at a business lunch that banks had been given a first class opportunity by deregulation of the industry but some of their recent lending mistakes
        70 words
      • Article
        Special scheme ruled out
        90 8 CANADA has ruled out a special scheme to give passports to Hongkong people working for Canadian firms in the British colony, Ottawa's immigration chief said yesterday. Barbara McDougall, the visiting Canadian minister of employment and immigration, made the statement amid a British appeal to Western countries
        90 words
    • Article, Illustration
      Lock icon Alatas disappointed with Cambodian faction leaders
      421 8 AP INDONESIAN Foreign Minister Ali Alatas said on Tuesday that Cambodian leaders have failed to seize important momentum towards peace in their country. Mr Alatas, whose nation is host to Cambodian peace talks scheduled to begin today, was expressing disappointment at the decision of
      AP  -  421 words
    • Article, Illustration
      Lock icon Korean talks reveal a tale of two visions
      329 8 AP THE prime ministers of North and South Korea held their first formal meeting yesterday, presenting their separate visions of Korean unity and demonstrating how far apart the two neighbours really are. South Korea asked North Korea yesterday to agree to a
      AP  -  329 words
    • Article
      Gulf crisis increases burden of India's deficit
      516 8 THE rain gods have been kind to India for the third straight year and economists have been predicting S per cent growth for the agricul-ture-dominated economy in the 1990/91 fiscal year, which began on April 1. But the Gulf crisis has dealt a
      516 words
    • Article
      Thais set telephone target for Eastern Seaboard
      184 8 THE TELEPHONE Orgaaisatioa of Thailand (TOT) has confirmed that its planned telephone installations in the Eastern Seaboard region will be completed before the organisation's fifth plan expires in 1992, according to The Nm~ tiOM. At the same time, a pilot project has been
      184 words
    • Article
      Lock icon Lankan growth expected to be 3pc
      222 8 AP SRI LANKA's rate of economic growth, which had been expected to rise this year, will remain at about 3 per cent or less because of a renewed upsurge of ethnic violence and the Gulf crisis. The Sun yesterday quoted Wimal Wickremasinghe, the deputy
      AP  -  222 words
    • Article
      Banks file counter-suits over Beijing loan
      460 8 TWELVE BANKS have filed counter-suits against borrowers which had sued them over the US$5O million loan to finance Beijing's hotel-cum-office complex Hua Wei Centre. The South China Morning Post reported on Tuesday that the court battle came about because the banks and borrowers had
      460 words
    • Article
      Thai insurers set to diversify into related businesses
      403 8 SPURRED BY greater awareness of its role in society, the Thai insurance industry is on the verge of a mini revolution as operators prepare to diversify into related businesses, reported the Nation. The paper reported that the prediction was made at a
      403 words
    • Article
      Thailand expected to weather Gulf crisis
      323 8 THE Thai economy has built considerable momentum in the recent past. Further more the country has achieved a higher degree of self-reliance on energy now than was the case in the first and second oil crises. These strengths, according to The Nation should help
      323 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      284 8 B0 University A of Hull ItXUI a. I 3rd Intake By Distance Learning Commencing in January 1991 Admission Criteria Innovations and Strengths Founded in 1927, The University of Hull is one of the most FIRST to introduce Investment Analysis Portfolio prestigious British universities. It is a centre of excellence in
      284 words
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      Page 8 Advertisements Column 2
      81 8 OPPORTUNITY OT A URBMI FOB SALE HSU 888 This unique UX. car registration mark la available for immediate Ml* at mjKO oua We can transfer this mark from our whlcle to any other vehicle registered In the United Kingdom. Don't mlaa thla chance to enhance your Image with a distinctive
      81 words
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  • THE WORLD 1
    • Article
      Lock icon Community to report on Britain's ECU plan
      332 9 Reuter EUROPEAN Community monetary experts have completed a study of Britain's "hard European Currency Unit" plan for EC monetary union and will present their views to finance ministers at a meeting this weekend. The EC monetary committee, which groups top central bank and
      Reuter  -  332 words
    • Article
      Lock icon US productivity climbs 1.5pc in second quarter
      370 9 AP AMERICAN workers' productivity rebounded in the second quarter of the year, rising at an annual rate of I.S per cent for the first such increase in 18 months, the government said on Tuesday. The rise in non-farm productivity defined as output per
      AP  -  370 words
    • Article, Illustration
      Lock icon Gorbachev demands harvest of grain to meet bread shortage
      503 9 Agencies SOVIET President Mikhail Gorbachev, struggling to avert economic collapse, demanded urgent measures to bring in the grain harvest as bread became scarce in Moscow and other areas. Attacking the latest of the Soviet Union's many shortages, Mr Gorbachev accused farmers
      Agencies  -  503 words
    • Article
      Lock icon Kohl promises economic miracle to E Germans
      324 9 AFP WEST GERMAN Chancellor Helmut Kohl kicked off an election tour of East Germany by promising voters an economic miracle similar to that in the affluent West if he and his party were kept in power in a unified Germany. With East German
      AFP  -  324 words
    • WORLD WATCH
      • Article
        Price of seat on NYSE at lowest since 1984
        156 9 A SEAT on the New York Stock Exchange (NYSE) was sold for US$3Ol,OOO on Tuesday, matching a sale last month at the lowest level in more than 5% years. Prices of seats which entitle members to trade directly on the stock
        156 words
      • Article
        Czechs unveil privatisation plan
        106 9 THE CZECH government on Tuesday unveiled a comprehensive plan for privatising the state-run economy, ending months of wrangling over how to sell off, restructure or close factories, farms and shops. The plan envisages immediately handing small shops and restaurants back to families who owned them before
        106 words
      • Article
        Talks on softening Mow
        78 9 PRESIDENT Fernando CoUor dc Mello of Brazil, fearful of a social backlash from his fierce austerity measures, on Tuesday summoned Brazil's union and business leaders for urgent talks yesterday, to discuss ways to soften the blow. His new effort comes at a time of growing labour
        78 words
      • Article
        Britain urged to reduce inflation
        91 9 BRITAIN must reduce its inflation rate to below 3 per cent by 1995 or its industry will face disastrous consequences on world markets, the employers' organisation, the Confederation of British Industry (CBI), warned on Tuesday. To achieve this massive reduction from a current annual inflation
        91 words
      • Article
        Romania critical of US
        92 9 1 PRESIDENT lon Iliescu of Romania has criticised the US and said Western banks are waging economic war on his country. Mr Iliescu, on the second day of a state visit to Yugoslavia, spoke to Romanian television. He said certain American interests, which he did not
        92 words
    • Article
      Lock icon US wants long-term presence in Gulf
      450 10 NYT US SECRETARY of State James A Baker 111 told Congress on Tuesday that the administration intends to maintain a long-term military presence in the Persian Gulf area even if Iraq agrees to withdraw from Kuwait. In the first appearance before a congressional committee
      NYT  -  450 words
    • Article, Illustration
      Lock icon Moscow wants Mid-East conference set up
      493 10 The Gulf Crisis NYT THE Soviet government has proposed linking the Kuwait crisis with the Kremlin's longstanding proposal for an international conference on the Israeli-Palestinian struggle and other Middle East problems. Soviet Foreign Minister Eduard A Shevardnadze, discussing an array of world problems in
      NYT; AP photo  -  493 words
    • Article
      Lock icon Gulf crisis may cause aims firms to fare well again
      301 10 Reuter JUST when the world's defence industry was feeling the chill of recession with the end of the Cold War, the Gulf crisis has come to its aid at least for the time being With government defence budgets under attack
      Reuter  -  301 words
    • Article
      Lock icon Oil futures soar on prospect of tight supplies
      408 10 AP OIL FUTURES prices surged on Tuesday as fading hopes for a settlement to the Middle East crisis helped tum traders' attention to the prospects for tight supplies in the last three months of the year. The October contract for light sweet
      AP  -  408 words
    • Article
      Lock icon Thousands of Asian refugees swamp Jordan for food
      440 10 AP MORE THAN 40,000 ragged Asian refugees from Kuwait and Iraq fought each other for precious bread and water on Tuesday in a sweltering desert camp as Jordanian troops struggled to impose order. "We're fighting because we're hungry and thirsty. If they
      AP  -  440 words
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      Page 9 Advertisements Column 1
      123 9 The Gulf War has brought this crisis upon us. For immediate liquidation 250 pieces of fine Persian carpets by instructions of Messers Dakhili Carpet P.O. Box *****, DIERA, DUBAI, U.A.E. Exhibition Cum Sale At:Due to the serious situation in the gulf states, a shipment of fine ar.ci beautiful Persian Carpets,
      123 words
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      Page 9 Advertisements Column 2
      76 9 Jw' .3 wr E^l i I Vi I is El i WW 4 M- m M 'W75-» Bl V nJfIP fc*-. 'This Watch Has a Story To Tell. <$.<o&ki/ionL v 4 QXuflOflt- DISTRIBUTION PTE LTD #24-07 Orchard Tower*. Singapore 0923. Tel: *****22 (12 lines) Boutique: #02-07 Wi*ma Atria. Tel: *****93.
      76 words
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      382 10 riireqHßes at IbmL -M -V Mf' J J W Say goodbye to messy lists and lost expense slips type everything in quickly with the QWERTY keyboard Because the ZQ-5300M has a built-in Time Expense Other features 64 KB memory Calendar, schedule Manager that lets you keep track of all the
      382 words
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  • Page 11 Advertisements
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      168 11 WHEN WAS THE LAST TIME YOU DINED IN THE COURTYARD OF A CHINESE NOBLEMAN? I c THE ORIENTAL j SINGAPORE sm They say "you can't eat the ambiance" but the and Szechuan. None prepares and serves them as well as surroundings you lunch or dine in can surely enhance The
      168 words
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  • Article
    The laws of change
    492 12 EDITORIAL The practice of the profession of law is steeped in history, ancient etiquette and unique rules. These have served the profession well for the most part; but they have also helped breed complacency, self-in-dulgence and self-gratification which periodically must be addressed. That the time has
    492 words
  • WHAT THE OTHERS SAY
    • Article
      Win grassroots support
      229 12 THE RELATIVE economic and educational backwardness of Singapore Indians looks set to receive concerted help at high levels now that two new high-profile bodies have been set up to study the community's problems. On Sunday, National Development Minister S Dhanabalan announced the formation of the Singapore Indian
      229 words
    • Article
      Action time
      118 12 THE SETTING-UP of two action committees to improve the living standards of the Indian commu- nity is laudable as there has been growing concern about their problems. But, first things first. The action groups must convince the community at large about their objectives if they want to win
      118 words
    • Article
      Soviet Mid-East fears
      150 12 IT IS easy to see why the Soviets have yet to withdraw from Iraq. First, the Middle East is an important strategic region and the world's energy centre in which Moscow has long-term vested interests. Also, in its estimation, it is imprudent to allow the US to
      150 words
  • REGIONAL VIEWPOINTS
    • Article
      Not all doom
      171 12 THE FIRST comprehensive assessment of the economic fallout from the Persian Gulf crisis revealed that the adverse repercussions on the Thai economy may not be as severe as many of the doomsayers had predicted. For a start, the council of economic ministers was told that the country's
      171 words
    • Article
      What it all means
      146 12 THE PRIME MINISTERS of South and North Korea have one thing in common apart from being Korean: they both hold jobs that sound important but bestow little real power. In South Korea, a new prime minister is appointed each time the president's own popularity starts to
      146 words
    • Article
      Heartening news
      139 12 THE ARRIVAL of North Korean Premier Yon Hyong-Muk in Seoul for talks with his South Korean counterpart Kang Young-Hoon is perhaps the most heartening news from the Korean Peninsula since the armistice at Panmunjom in 1953. However, both sides still appear to have different objectives, and the first
      139 words
  • Article, Illustration
    Lock icon Moscow's bumper crop of troubles
    1554 12  -  Nature has been kind to Soviet farmers this year. It is perestroika that has failed them. Jeff Trimble reports Jeff Trimble US News World Report NATURE is playing a cruel joke on Mikhail Gorbachev this harvest season. Across the Soviet Union the fields are thick
    US News & World Report  -  1,554 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      51 12 Hope of mega-bucks luring many into PP^' the leisure industry 1 Wah-Chang's Phuket bet POjj"' More Singaporeans are homing in on property investments overseas I Singapore joins the global fight against I money laundering 1 m/TI High-tech biotechnology drive is paying Investment spotlight on Jack Chia-MPH and Wing Tai SEPTEMBER
      51 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      25 12 DOONESBURY BY GARRY TRUDEAU 1 I MEAN, 1 LOST MYJOBBGCAUSE MRS MVEHPOR?SaOSeSTMBZ. J I 1 MYOO9SHAP7HE COJM&-V BUTWOTT I CAN I m w *GrcNHmmimmt9Mß ONLY
      25 words
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  • ANALYSIS
    • Article, Illustration
      Pouring oil over troubled waters
      1887 13  -  These are no easy times for oil majors and their helmsmen like A V Liventals, chairman of Mobil Oil Singapore. The Gulf crisis looms large while creeping competition from the region and farther afield is no less worrying. However, with 30 years of experience in
      1,887 words
    • Article, Illustration
      All's well that ends well
      1746 13  -  Dick van Hilten, though recently retired, is a familiar name still in Singapore's corporate world. He epitomises best the long-term philosophy of oil majors. As chairman and CEO of Shell Singapore for many years, he took bold and "unpopular" decisions. Today, he has been proven
      1,746 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      PR firms differ over usefulness of hot air balloons as sponsorship tool
      439 14  -  By Sangeeta Mulchand The newest public relations tool is full of hot air. Literally. Hot air balloons are touted at various PR firms as "a memorable focus for corporate hospitality", and a "moving billboard" which leaves a tasting
      439 words
    • Article
      Lock icon A whole new fashion image for J C Penney
      631 14 NYT The name is jc Penney, but the advertising portrays a style-conscious retailer that is soft of a Saks Fifth Avenue for the masses. The new US$lO million autumn television campaign is the biggest ever for Penney. Created by Ayer, it
      NYT  -  631 words
    • Article, Illustration
      Parker Pen re-establishing its name in the luxury market
      412 14  -  By Claire Leew FOUR YEARS after a surprise trans-Atlantic management buyout of American firm Parker Pen by its British office, the writing instruments company is re-establishing its name in the luxury market. Now based in New Haven, England, Parker aims to
      412 words
    • Article, Illustration
      Hermes launches new perfume with a horse-show
      290 15  -  By Suzanne Soh Models, de rigueur in launches of cosmetics, were dispensed with at the kick-off of a $150,000 marketing campaign by French perfumery Hermes. Instead, prancing horses and a bomoh were the stars at the launch of Amazone, Hermes' new perfume, at
      290 words
    • Article
      COPY LINES
      644 15 SINGAPORE agencies cliichcd a record 22 awards in the Typographers International Association (TIA) 21st Arnjial Design Competition, All the winning entries were typographed and set by Gordon Tan of The Fotosetter, Singapore's first member of the TIA, an international association of typesetters based in Washington, DC. Agencies winning
      644 words
    • Article
      Lock icon Account planning for a competitive edge
      638 15 NYT NEW YORK has always been a tough market for small agencies. To succeed, most rely on their creative reputations for producing the innovative work not usually found at many larger agencies. But a few others are coming up with new ways to appear
      NYT  -  638 words
    • Article
      Lock icon Wendy's spokesman finally hits his stride
      243 15 NYT DAVE Thomas, the founder of Wendy's International and its folksy spokesman, was not a success when he started appearing in commercials for the fast-food chain. Within the advertising industry, his awkward and stilted performance was widely criticised. But Thomas finally seems to have
      NYT  -  243 words
  • Page 14 Advertisements
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  • SPORTS 1
    • Article, Illustration
      Lock icon Unseeded Soviet fights Sabatini for 21/2 hrs
      1010 16 The US Open AP GABRIELA SABATINI danced along a tennis tightrope before knocking on a tiny Soviet slugger, and American teen Mary Joe Fernandez delivered on the promise she showed in her first US Open at 14. The shaky victories by No 5
      AP  -  1,010 words
    • Article, Illustration
      Lock icon John McEnroe returns as underdog and fan favourite
      395 16 AP WHEN HE WAS KING, John McEnroe was a fiesty, combative genius, a target for scorn from the US Open crowd. Now, the native son has returned as underdog, to a hero's welcome. McEnroe is old for a tennis player and showing
      AP  -  395 words
    • SIDE LINES
      • Article
        Davis Cup players train on cricket pitch
        96 17 ARGENTINA'S clay court-bred Davis Cup players are practising on grass courts improvised on a cricket pitch to prepare for their world group semifinal tie against Australia in Sydney from Sep 21-23. "It's not quite like lawn but it's the next best thing." Argentine
        96 words
      • Article
        NY Yankees exec sues
        77 17 BASEBALL was dragged into court again on Tuesday when a New York Yankees executive sued Fay Vincent and accused the commissioner of trying to run him and George Steintatnner out of the game. Leonard L Kleinman, executive and chief operating executive of the Yankees, made the
        77 words
      • Article
        Union coach changes side
        60 17 ALAN JONES, Australia's most successful rugby union coach, made history yesterday when he was appointed coach of Sydney rugby league side, Balmain. Jones is the first top-level nJabv union coach to swap to the professional code in Australia. One of sport's great motivators, he coached the
        60 words
      • Article
        Asian Games to go on
        56 17 !FSS THAN THREE WEEKS before China is to play host to the Asian Games, officials in Beijing acknowledge that the Persian Gulf crisis is upsetting some of their plans. But they say that the competition would be held on schedule despite uncertainty about whether Iraq
        56 words
    • Article, Illustration
      Lock icon Desperately seeking to host Games
      867 17 Greece invokes past glory to woo Olympics committee Reuter GREECE is proposing a tantalising spectacle of sporting and cultural events as a central pillar of its bid to bring the 1996 Olympic Games to their ancient homeland. Echoes of the glorious Grecian past will be
      Reuter  -  867 words
    • Article, Illustration
      Lock icon Calvin Smith wins 100 m at IAAF meet
      165 17 AP AMERICAN SPRINTER Calvin Smith easily won the 100 m on Tuesday at the International Amateur Athletic Federation (lAAF) track meet, and American Nat Page won in the 400 m hurdles. Smith, running on a cool, wet track after heavy showers in
      AP  -  165 words
    • Article
      Lock icon LPGA releases Blue, seeks new chief
      283 17 AP WILLIAM A BLUE was released as commissioner of the LPGA on Tuesday by what the women's golf association is cfHitif "mutual coosent". "The move was made bjs cause we fdt it was a point is time where it was necessary" said Judy Dickinson,
      AP  -  283 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      151 16 The Unfair Advantage. To find out just how little space our Minolta EPS4Qo| H |H To 20 into the long and short of protrude beyond the machine, taking 14) J® speed is also hard to beat 40 11 it, our EP5400 copier is just 690 mm 1 1 more space,
      151 words
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      Page 17 Advertisements Column 1
      182 17 It's not surprising. With a network that covers more than 140 destinations in 77 countries worldwide, you could get to any destination effortlessly with KLM. And with Europe at our doortstep, you have the best, smoothest connections from bchipnoi. Leaving Singapore 7 days a week. Test us, try us, fly
      182 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      238 18 WHERE WHERE TO WINE, DINE. .J I ii II I THE TEA ROOM TAKES YOU SOUTH OF THE BORDER. I It's fiesta time at The Tea from the f .amino Real of > Room. So grab your sombrero Mexico City. I and come with us down September 3-16. Dinner Mexico
      238 words
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      Page 18 Advertisements Column 2
      360 18 ouiroees l.milfllLll yj THE MOST WONDROUS BUFFET LUNCH IN TOWN. Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishesprawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings. Select
      360 words
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      Page 18 Advertisements Column 3
      268 18 Every nites Valentines Xite Love is in the air at Club ®As you dance cheek-to-cheek to all the oldfashioned love songs. Watch swimwear fashion show every Monday to Wednesday from 9 pm. "Classics" live band performs every Sunday from 8 pm onwards. 1 It's all happening at Club 5! Ham
      268 words
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      Page 18 Advertisements Column 4
      348 18 eaggois i pi :AS# AT THE j YouU be charmed by our spread of over 60 traditional favourites n our delightful British Buffet. And we re wire H you'll fall hopelessly in love with our Blueberry Fool. I BritishJJuffet Lunch Sept 1- 30 Noon 2.30 pm i Adult: $36+ Child
      348 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      718 18 TELEVISION AND RADIO IT ish singles and album charts. 6.00 Raglaaal Naars (M). BUSINESS 0N RAWO /\1 /\1 7f\ buvil* arc performances of some of 6JO RaflgtMi Pragraama. *■■■'■< < iIW \Z A I II VV C her hit numbers (Stereo). 7.00 CaMa Naars Natwaik- BBC, 89.9 Mill hi VNF
      718 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A tribute to men's fashion
      930 19  -  Last Sunday, the French menswear fashion industry celebrated 30 years of style. Suzy Menkes takes a look at how menswear has changed over the years. Suzy Menkes IHT Thirty years ago, men's fashion was stiff, correct and dominated by the suit. It was not until
      IHT  -  930 words
    • Article, Illustration
      Actors' union unhappy with producers
      629 19 THE British actors' union Equitv has asked the producers of The Children of Eden, a musical based on Old Testament stories, to prove they tried to find a black British actor to play God before approving American actor Kea Page. "They say they can't find
      629 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      267 19 AND ENTERTAIN "There's More To Brussels Than Sprouts* Chef Pierrot van Hauwermeiren BELGIAN W CASTMONOMIQUE K. FAIR SETT STO 11. (UHNESSMAhTS LUNCHEON: UlflO.. W PEJtPUSON uNOONTOiJom DINNER: TM TO HWB io xjpm From September 5 to 18, Brussels' famous Chef Pierrot van Hauwermeiren will show you what Belgium really has
      267 words
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      Page 19 Advertisements Column 2
      227 19 SINGAPORE'S RESTAURANTS ★RECOGNITION* TUNK KA OF THAILAND Rated as one of the 100 BEST restaurants in Singapore, Tunk-ka of Thailand scored FULL MARKS for its food quality. It's the choice of Tatler's readers for the best place to eat in Singapore. At Tunk-ka, it's more than a matter of taste!
      227 words
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      Page 19 Advertisements Column 3
      94 19 TnAII/A Reslauranl and I Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik A La Tfrrika Borsch Baked Alaska HAPPY HOURS $12.00 H ONLY Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Duly: 1130 am to 130pm 7.00pm to 2.00 am Dinner 133CedlStreet#18-00(WhaleFloor) Keck Seng Tower Stagspote 0106 9 I =gaaß
      94 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Malaysian counters in the limelight
      3784 20  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market recovered slightly yesterday after two straight days of decline. Activity was focused mainly on Malaysian counters, with lower priccd stocks making slight gains. Dealers said the impending Malaysian elections was fuelling interest in Malaysian
      3,784 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4112 21 Main Board OUT 238 +33 +17.2% SA 1160 +30 +2.7% SA 200 1140 +20 +IJ% OCBC 785 +20 +26% SPH 700 +15 +2.2% OCBC Foreign 100 +10 +1.3% StaMi-U 685 +10 +1.9% UOB Foreign 57S +10 Pnma V5 +10 +1.9% Mint Court 470 +10 +2.2%
    4,112 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      84 22 Cwpay Date Yaar 6raop Nat Nat aaraiags 6raas am to pra6t/lass (L) par than iMi>a< COOO) (carts) MnHUp Am 31 Mar 90 J1.085($1.129) 5.4(5.6) 6(6) Ml Am 31 Dec 89 M$20.413(J19,771) 3.7a(3.6«) 3.1a(3.U) tare* A«| 30 Mar 90 HK630.061 ($70,067) 6.1(21.7) 70(110) Mm loom Ami 21 Mar 90
      84 words
    • Article
      PRELIMINARY RESULTS
      202 22 Ciwmt tote Year Graap prt-Ux Nat aaratega Oraaa aaa te praftt/laaa (L) par afcara ihrliaad COM) (cartt) CoM Storage Sep 4 Jun 90 $41,302(131.149) 18.6(9.8) 10.7(2.9) Com Ptarf Sap 1 fan 90 M888,700(8157.400) 6.3(11.9) 18.4(32) 0MB 8M Sep 1 Jun 90 M$39.500(834,900) 7.8(7.2) 20(20) Sim 0«*y Sep 1
      202 words
    • Article
      CORPORATE DEVELOPMENTS
      304 22 fap4 Berjaya Corporation (M) Ms new subsidiary. Bukit Pmang Leisure Sdn Bhd, entered into a memorandum of understanding with the Putau Pmang government to develop Penang HNt and its surrounding environment into a recreatKHKum-hohday resort LAM Group hvaabnonti won a J4m contract for the MRT system in Taipei.
      304 words
    • Article
      DIVIDENDS ANNOUNCED
      800 22 Cm v* Ex M» Mi total tar total tar MyMMt data ctaM pajtali toper helper Ufa Itap 6% Aug 28 Sep 7 Sep 26 6* 6* MOB 2.5X Sap 14 Sep 28 Oct 27 2.5* 2* MM 10% Sep 21 Oct 5 No* 1 10* 7.5*<a) Mm 7.5*TE(1)
      800 words
    • Article
      INTERIM RESULTS
      382 22 Cafaay Bate HaH-yaar (rwp pre-tax tatartai mm to pnHt/lN* (L) »fWw< (*009) MN Amro Sep 4 Jun 90 962fc(984b) 28(-) Asa Pac Land Sep 4 Jul 90 M$6,268($3,632l) Partway HMgs Sep 4 Jun 90 $15.709($14,432) 5(3.6a) Inch Kenneth Sep 3 Jun 90 M$l,940($1.412) 30(25a) S Aerospace Sep 3
      382 words
    • Article
      RESULTS DUE
      386 22 Stodu UatMYa* MPm NM Ml T«r MEK Ma M wm (TM) ■at IM Mm M 30 Ok H S3SL(k) Ml Mm Apr 26 U 90 13(a) 2.3TE(«) 4.747 M Mm J* 23 Sap 90 356 180 ***** mat Mm M U Ok 90 44 10 0 9.180 bruNi
      386 words
    • Article
      APPROVED ISSUES
      431 22 Ma Mb (HO Oftos to ail by or on tataff of UM Eapaoon (If) M of 252a toons by aty of njfe ofto li «MM toontattors ot W on tot baas of karto-oat «***** oodi b4Mr to 21 Boob doac Ami 3 Vcegana hpwt S» 14 MUM OryfH
      431 words
    • Article
      BONDS, LOANS & WARRANTS
      453 22 BONDS, LOANS WARRANTS mm m- 20/4/93 i mm* m um a*. C—n law Cmm—t m 2/10/W to 20/10/94 Hwil—KlwM 0—1 W MPH 31/12/91 L55 —> >toi SL50 aril l/l/n to 25/7/94 CktoM ay In m 1/1/17 to 30/7/92 175 ant Jta *75 a* 175 —to ft*** y Mi Mw 20/4/96
      453 words
    • Article
      PROPOSED ISSUES
      307 22 MfMs htm Mha 0*-tor to* IQ2 Q0 par dure C— 1 tot radacten sctamt to rtaucc par vatat o( Am Itm $100 to tt ft*s m at M 10.60 par dart CM Owtof-OM IQ4 00 par stare. Ewy tour ngto Aires aotod ta ssata Mm or* TSK. BB
      307 words
    • Article
      COMPANY MEETINGS
      154 22 Cwpihr Ferns (M) M: 28th AGM at the Conierence too*, Grand Floor, Bangunan MDF, 19SA Man Tan Razak, ***** Kuala Lampar an Thanday, Sap 6, at 10.30 am. Mriayrie Mca Mb 21st AGM at Sanmfet Room. HoM Equator* Na 1 Man Bulut JamM, U9OO Pene« on Monday, Sip
      154 words
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      Page 22 Advertisements Column 1
      49 22 yrIIIiIBBIWBMMI^^MIiI^MMI^^WBiMMMr HER MOTHER'S Mk BONNY HICKS BARED HER LOVE LIFE IN A RECENT I U_ SIZZLING BOOK. WHAT MADE HER THE PERSON SHE iS NOW? HER MOTHER GIVES THE INSIDE STORY. /dkLfl ,i'# Jfmm ml¥ t ffl& m jH H *1H I ;^aß.:Miil^^^^Hl^Hl Ifni w^^~ r/«t™ ■_fl| 5 ,->"*pi^*l^
      49 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish higher on bargain-hunting
      3727 23 Bernama MBT SHARE PRICES on the Kuala Lumpur stock market finished higher on bargainhunting yesterday but industrial stocks ended below their best under light profit-taking towards the close. The KLSE Composite Index ended 0.98 of a point higher at 551.80 while the Industrial Index ended
      Bernama; MBT  -  3,727 words
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      Page 23 Advertisements Column 1
      105 23 Property The property market has been forging ahead in the past two years. The question now is, will it hold? Business Times special supplement on property and construction looks at the trends in the residential, commercial, industrial, retail and hotel sectors. With Singapore companies looking further afield for opportunities, we
      105 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei Average flirts with year's low
      2279 24 Reuter TOKYO STOCKS closed down sharply yesterday but off their lows, as the key Nikkei Average fell over 1,200 points to test its 1990 low of 23,547.27 before retracing about a third of its losses by the close. Brokers said worries about the Mideast
      Reuter  -  2,279 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices slip as investors wait and watch
      2392 24 Reuter THE ABSENCE of fresh news from the Gulf combined with lingering anxiety over the situation there kept fund managers away from the Hongkong bourse yesterday and share prices drifted downwards in a mild reaction to the morning's sell-off in Tokyo, brokers said.
      Reuter  -  2,392 words
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  • REGIONAL STOCK MARKETS
    • Australian market slides lower
      • Article
        AUSTRALIA
        873 25 AUSTRALIA'S share market closed at its lowest in eight trading days yesterday, depressed by the Tokyo market's slump due to the Middle East economic and military stand-off. The All Ordinaries Index fell 15.1 points to 1478.4, its lowest since August 27. "The main reason for the market being down
        873 words
      • Article
        WELLINGTON
        323 25 UNIMPRESSIVE performances on major world share markets saw leading New Zealand shares close moderately lower yesterday and brokers expect sedate trade to persist ahead of elections on Oct 27. "There is so much uncertainty around the world at the moment that fund managers are just waiting to see what
        323 words
      • Article
        Untitled
        87 25 Clow Pwta S*5 SYDNEY All Ordinaries Index I47S.4 1493.3 -15.1 AH Industrials Index 2224.9 2248.3 -23.4 All Resources Index 899.7 908.5 -8^8 Turnover (million) 58.34 73.40 -15.06 BANGKOK SET Index 851.65 873.34 -21.69 Turnover (nearest *000) NA NA JAKARTA Composite Index 557.06 562.33 -5.27 Turnover (nearest '000) 3.27 3.36 -0.09
        87 words
      • Article
        MANILA
        499 25 THE Manila stock market continued to sag yesterday despite a government announcement that the inflation rate was down in August, brokers said. Attention focused on impending oil price increases. The Manila Stock Exchange composite index closed at 726.33 points, down 6.09 from Tuesday when prices breached new support levels.
        499 words
      • Article
        TAIPEI
        348 25 TAIWAN stocks fell at the opening yesterday on investor worries about the domestic economy and the index continued to fall on Tokyo's sharp losses, dealers said. The Weighted Index fell 236.26 points, or 6.56 per cent, to 3,364.49, compared with Tuesday's 3,600.75 close. Turnover fell to $25.4 billion from
        348 words
      • Article
        JAKARTA
        556 25 PRICES on the Jakarta stock exchange ended mixed yesterday, with the composite index easing 5.27 points to 557.06 and turnover falling slightly to 3.27 million shares from 3.36 million. Jakarta Rupiah VoKXW) Abda 6550 unch Alumindo Pcrkasa Utama 8500 unch Aqua Golden Missisipi ***** unch Aster Jawa 4000 unch
        556 words
      • Article
        BOMBAY
        136 25 BOMBAY stocks fell sharply across the board on Tuesday as traders squared up positions following the restrictions imposed on Monday, brokers said. The governing board of the Bombay Stock Exchange on Monday banned forward trading in 79 specified scrips and said fresh purchases would have to be paid for
        136 words
      • Article
        Untitled
        353 25 la local camacy la SS In US$ fay year day year day year Sep 4 Mb <*aar chaay cto—e change chnnge Worid 370.4 -1.0 -20.3 -1.3 -24.1 -1.2 -18.1 fEAFE 503.2 -1.6 -26.1 -1.6 -28.2 -1.4 -22.6 Europe 391.0 -1.4 -13.2 -1.4 -10.1 -12 -3.1 Pacific 837.5 -1.7 -33.9 -1.8
        353 words
      • Article
        BANGKOK
        692 25 THAI share prices fell across the board yesterday in the final hour as investors scrambled to cash in their holdings news of a slide in Tokyo shares, brokered said. The SET Index fell 21.69 points to end at 851.65 on 2.2 billion baht turn- over. Losses led gains 149
        692 words
      • Article
        SEOUL
        781 25 SEOUL stocks fell yesterday as brokers tried to settle unpaid and unsettled ao- v j counts ahead of an expected move by c the government to ask securities to sell at the lower daily limits to dear 1 the accounts, brokers said. n The Composite Index dropped points to
        781 words
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  • WORLD STOCK MARKETS
    • Dow languishes as investors stay away
      • Article, Illustration
        NEW YORK
        838 26 NEW YORK blue chips remained weak on Tuesday in slow late afternoon trading, although share prices had rebounded off their session lows. Worries about the apparent stalemate in the Mideast and the shaky US economy kept buying sparse. However, some analysts believe the Federal Reserve may be ready
        838 words
      • Article, Illustration
        LONDON
        857 26 LONDON share prices opened lower atnd remained depressed in thin trading Volume throughout Tuesday, as operators watching the Gulf crisis became Qiore convinced that war in the region was inevitable. The Footsie 100 shares index closed Down 18.6 points on Monday's close at 2,148.0, and the FT-30 shares index
        857 words
      • Article
        FRANKFURT
        328 26 WEST GERMAN share prices were little changed yesterday from Tuesday's closing levels in quiet early bourse trade, with the market still suffering from uncertainty about the Gulf crisis. "Worries about East Germany have no role to play at the moment," one trader said. "The shadow thrown by the Gulf
        328 words
      • Article
        Untitled
        88 26 Sep 4 Clow Pmiow NEW YORK Dow Jones 2613.37 2614.36 -0.99 NYSE Financial 124.32 124.35 -0.03 SAP 500 323.09 322.56 +0.53 Turnover (million) 92.94 75.00+17.94 LONDON Financial Times 30 1670.90 1687.40 -16.50 FTSE 100 2148.00 2166.60 -18.60 Turnover (million) 286.2 220.2 +66 AMSTERDAM CBS General 179.8 180.90 1 -1.10 BRUSSELS
        88 words
      • Article
        ZURICH
        371 26 SWISS shares traded marginally lower at midsession yesterday. Dealers said volume was very light as high oil prices and uncertainties around the Gulf depressed sentiment. The all-share SPI index was 1.9 points lower at 1,001.8 while the SMI index of leading shares shed 3.S points for 1,503.3. The market
        371 words
      • Article
        MILAN
        206 26 ITALIAN share prices held onto gains registered early in the session yesterday to close slightly higher on the day, although turnover was very light, brokers said. After slipping at the outset, blue chips led the advance as the market took some heart from recent Soviet statements pointing to a
        206 words
      • Article
        PARIS
        185 26 FRENCH share prices began higher yesterday in a technical bounce after two days of declines, but the market was unconvinced and the miniscule rally reversed almost immediately in thin trade, dealers said. The CAC-40 index started at 1,632.10, up 11.17 points from last night's close at 1,620.93, but drifted
        185 words
      • Article
        JOHANNESBURG
        354 26 THE Johannesburg stock market was marking time at noon yesterday amid persistently dull trading conditions as worries about the Middle East Gulf crisis continued to keep major players on the sidelines, dealers said. At noon the JSE all-gold index was off a shade at 1637 from Tuesday's 1649 close
        354 words
      • Article
        AMSTERDAM
        412 26 DUTCH shares continued higher in early afternoon trading yesterday. 'Turnover is very low, nobody dares to buy," a dealer said. Some bargain hunting and a slightly firmer London stock market supported the light upward trend, a broker said. At 1200 GMT the CBS all share index stood 0.8 points
        412 words
      • Article
        TORONTO
        258 26 TORONTO stocks were unchanged from lower opening levels in slow trade on Tuesday, dealers said. All indices were flat or down except the oil, gas and pipelines sectors, soaring as oil prices approached $29 a barrel, they added. The composite index lost 18.S to 3,329.8 on volume of 7.45
        258 words
      • Article
        Untitled
        128 26 Brussels Sep 4 F™k> FOKWAM MARKET Acec 3445 +15 Arbed 3955 -130 Astur i... T 1196 46 Brasain 518 -20 am»c 520 +io Cock 153 -3 De Been 650 -24 Eta. 3985 -10 Gb-lnno-Bm 1306 -34 Gcvaert 7720 unch Gr Bni Lamb 3440 -75 Hobok Petro ***** -375 Ryl Dutch
        128 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ hits low against yen on speculation of easier money
      1238 27 FOREX MARKET REPORTS THE US dollar yesterday closed sharply lower against most major currencies, particularly the yen, after hitting a 1990 Tokyo low against the Japanese currency on heavy selling prompted by a growing belief that the US Federal Reserve
      1,238 words
    • Article
      INTERBANK FOREX RATES
      376 27 Cross rates scps USS SS MS Dm Yen SFr A$ NZJ USS 1.7600 2.6890 1.5760 142.60 0.5294 1.3110 1.2165 1.6051 SS 0.5682 1.5278 0.8955 0.8102 0.3008 0.7449 0.6912 0.9120 MS 0.3719 65.45 0.5861 0.5303 0.1969 0.4875 0.4524 0.5969 Dm 0.6345 1.1168 1.7062 90.48 0.3359 0.8319 0.7719 1.0185
      376 words
    • Article
      FINANCIAL FUTURES
      1552 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.02 92.07 9101 92.07 1500 ***** 983 Dcc 90 92.07 92.15 92.07 92.13 9541 ***** 5195 Mar 91 92.00 92 08 91.99 92.07 2000 8001 1981 Jun 91 91.84 91.92 9L84 91.92 700 1714 178 Sep
      1,552 words
    • Article
      MONEY MARKET
      568 27 Interbank rates SS m Offer Overnight 6 1/2 6 3/4 1-«nonth 6 5/16 6 7/16 2-roonth 6 3/8 6 1/2 3-month 6 7/16 6 9/16 Overnight mode 5-5/8 US> BM Offer 7 days 8 8 1/8 1 month 7 15/16 8 1/16 2 months 7 1V16 8 1/16
      568 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Crisis spurs NZ to explore more oil, gas fields
      384 28 Reuter HIGHER world oil prices sparked by the Gulf crisis highlight New Zealand's need to discover more oil and gas before the nation's large degree of self sufficiency starts eroding in the mid-*****, industry analysts say. "Given the lead time for
      Reuter  -  384 words
    • Article
      Lock icon CRA set to stay in PNG despite copper mine problems
      327 28 Reuter RESOURCES group CRA Ltd is committed to a long-term involvement in Papua New Guinea (PNG), despite its problems with the Bougainville copper mine, a company executive said. "We're here to stay, very much so," said lan Johnson, managing director
      Reuter  -  327 words
    • Article
      Tin rebounds to M$ 15.25 on reduced offerings
      847 28 REPORTS THE tin pricc reversed its recent downtrend to close 15 sen higher at MS 15.25 per kg yesterday on reduced offerings and in line with the higher close on the London Metal Exchange overnight. The Kuala Lumpur Tin Market opened at
      847 words
  • Article
    PRICES
    1287 28 Rubber scps m(hHiM»> Scewtt/kj Noon Owe Int I RSSPrompt 159.7V160.75N I512VI59.25N Inl 1 RSS Oct 90 I59.7VI60.75 l5t.2VI59.2SN Int I RSS Nov I60.2VI6I.2S ISt.7VI59.7SN IM 2 RSS OP I53.7V155.75N 152.50/I54.S0N Int 3 RSS OP I49.2VISI.23N I48 00/I50.00N Int 4 RSS OP I4S.2VI47.2S I44.00M46.00N Inl 5 RSS OP I40.7VI42.7SN 139
    1,287 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      897 28 NOTICES IN THE MATHS OP TU COMPANIES ACT, CAP. N DAMICA DESIGN A TRADING PTE LTD (IN VOLUNTABY LIQUIDATION) Notice is hereby given that the creditors of the above Company which is being voluntarily wound up are required on or before 8-10-80 to send in their names and addresses and
      897 words
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      Page 28 Advertisements Column 2
      410 28 PBfTA ENGINEERING SERVICES (PTE) LID (Members' Valutary UqaMatfea) NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN pursuant to Bectlon 306(1) A (S) of the Companies Act, Cap. 50 that a Final Meeting of Members of the abovenamed company will be held at 601 81ms Drive, #01-07 Pan-I Warehouse Complex, Singapore
      410 words
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      Page 28 Advertisements Column 3
      15 28 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1023 29 City Flgjrt ETA ETD AMBMM GA887 122S KL840 2115 GA975 1300 GA894 2350 KL839 1415 MM* QF81 1950 QF82 2200 SQ228 2015 Amftartoa SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 Attorns 0A472 0050 Auckland BA11 1455 SQ325 2045 IMkpM SQ182 0915 SQ181 1410
      1,023 words
    • Article, Illustration
      The town made famous by Luther
      654 29  -  LETTER FROM WITTENBERG By Victoria Schofield Beeswax candies. Among the plastic monks, postcards, ashtrays and unsold stock of commemorative coins, I chose the beeswax candies as a souvenir of my visit to Wittenberg the town where Martin Luther unleashed a religious maelstrom by nailing
      654 words
    • Article
      MONEY CHANGER RATES
      153 29 As at 3pw yesterday; Local dollars to oae unit of foreign currency Currenoes Bid Offer Australian dollar 1.4390 1.4580 Canadian dollar 1.5040 1.5340 NZ dollar 1.080 I.I 100 Sterling pound 3.3100 3.330 US dollar 1.7480 1.7580 Local dollars to 100 units of fmci|i currency Austrian schilling 15.60
      153 words
    • Article
      WORLD TRADE EXHIBITIONS"
      80 29 Duration Title Venue OijMacr Td Duration Title Venue Organacr Te Sep 7-17 International Switzerland Schweizer Muster 61/686.20.20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Trade Fair for Me«e the Food and Sep 10-16 International Spain Foirc 3/423.31.01 Catering Industries TV, Sound and De Barceionc Sep 19-24
      80 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      49 29 Ihi hu'inc" pvrM'M > Jioiic oai lIUMIJV. f I___J I I hurvl.u. Vituriln irul Vim! i\. It imi:! I 1 I r —W \irport it hour* irul it OHirc R R R R Intcnuti«»ntl \trport the'ollnuins; il.r (S) A I' i: i:\ni H Vi: Is I A 11; Air Canada
      49 words
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      Page 29 Advertisements Column 2
      140 29 ARE YOU m- > /(V fr)u Your new plan to live it up starts with September's Her World in the exciting SINGLE GIRL'S GUIDE TO SATURDAY NIGHT. Six tipHcrammed pages about hanging loose with or without men! Terrific fashions for the girl on the hoof the HOT NEW FOCUS ON
      140 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      162 29 II Nobleman insufficiently LbJ advanced (4) 28 Hardy tires Neil out (9) 29 Loves to come out with io Wound, it is currently atanswer (5) tractive (13) 14 Freewheel around Ascot DOWN (5) YESTERDAY'S SOLUTION 1 Judging standard of the 15 Drank heavily up in ware- London theatre (9) house
      162 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      210 29 Singapore Outlook: Showers over a few areas in the morning. Report Max temp. 3I.S"C Assoc humidity 70% Min temp. 23.TC Assoc humidity 93% Hrs of sunshine 10.10 Rainfall in mm Nil Rainfall this mth 41.2 Rainy days this mth 4 World forecast Asia-Pacific Hi/Lo* Cood. Auckland 19/10 Showers Bangkok 33/25
      210 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      36 29 Don't Give. uPvoug Dfty l weu-PosTgoy- uhpvts vour v£koict ok twc I jo 6 s jpj'fttese cwBPTfcR IN m-1 HiiHeßTo UNPu&usweo i —v r NQvet'l-iVUG PCWH in-we BuVinG V O EVEMMO STAMOAftO CO. LTD, IM-1M ftid
      36 words
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  • Article
    Lock icon HK developers increasing their stake in S-E Asia
    417 30 Reuter DEVELOPERS from crampcd, expensive Hongkong are aggressively buying cheap and plentiful properties throughout South-east Asia, real estate sources say. Many want to establish a base outside the British colony before it is handed back to China in 1997, but the promise
    Reuter  -  417 words
  • Article
    Lock icon Opportunity that comes with reform
    160 30 Bernama SWEEPING CHANGES introduced by Indonesia over the past few years have turned development of industrial estates into a strong investment opportunity for private investors, according to a report. The Indonesian government has given importance to establishing industrial estates throughout the country to diversify and
    Bernama  -  160 words
  • Article, Illustration
    Lock icon Pandas replace soldiers in Square
    52 30 Chinese workers erecting a panda statue, mascot of the Beijing Asian Games, in Tiananmen Square yesterday as the portrait of Chairman Mao looks on. Pandas are replacing soldiers in the square as the capital prepares for the games which begin on Sep 22. Reuter picture
    Reuter picture  -  52 words
  • Article
    JAIC invests $165 m in Asean nations
    302 30  -  By Chuang Peck Ming THE Japan-Asean Investment Company, an offshoot of the US$2 billion Asean-Ja-pan Development Fund, has so far invested about $165 million in the Asean countries, $30 million of which is in Singapore. JAIC, which invests in promising young firms in
    302 words
  • Article
    Lock icon Kitingan woos investors
    100 30 Bernama SABAH would like to emulate Taiwan, which has prospered and progressed tremendously over the past decade, Chief Minister Datuk Joseph Pairin Kitingan says. He told a seminar on investment in Sabah, attended by Taiwanese industrialists and entrepreneurs in Taipei on Tuesday, that Sabah had a lot
    Bernama  -  100 words
  • Article, Illustration
    Swan song for the moral economy?
    853 30  -  The Bottom Line ASAD LATIF ASAD LATIF The writer is BT's Foreign Editor IN WHAT must appear to be a curious convergence, at least to the layman, communist and laissez faire conceptions of the state are taking on an uncanny similarity, with implications for
    853 words
  • Article
    Lock icon Asean development bank mooted to boost trade
    250 30 Bernama AN ASEAN development bank should be formed to support Asean industrial projects to enhance trade between the six member nations, a panelist at an Asean banking council seminar in Kuala Lumpur suggested yesterday. In mooting the idea, Malaysian Sheet Glass Bhd chairman
    Bernama  -  250 words
  • Article
    Lock icon Taiwan faces year-long economic slump
    317 30 Reuter TAIWAN'S Minister for Economic Affairs said on Tuesday that the island faces a year-long economic slump, and possibly a brief recession, but would emerge stronger than before. Taiwan faces pressure domestically from inflation, rising wages and decreased investment, and internationally from a worldwide economic
    Reuter  -  317 words
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Page thumbnail Page 31
  • Shipping Times
    • Article, Illustration
      Finland's Nokia to set up R&D facilities here
      482 31  -  By A J Leow FINNISH telecommunications giant Nokia will set up research and development facilities in Singapore next year to adapt its European technology to Asia-Pacific markets. Although no budgetary details are available yet, the R&D investment will run up to "millions
      482 words
    • Article
      HK Telecoms' phone rights a natural monopoly: manager
      230 31 THE Hongkong Telecommunications' exclusive rights to basic telephone services in the territory are a "natural monopoly," said Jeremy Godfrey, its group manager of regulatory affairs. Competition in this area can result in a waste of investment, he told the South China Morning
      230 words
    • Article
      Frequency of Senator Linie's westbound service to double
      144 31 WEST German round-the-world carrier Senator Linie plans to double the frequency of its westbound global sailings from fortnightly to weekly at the end of October. Senator's decision, unveiled by Gerhard Janssen, line manager for the US west coast and trans-Pacific westbound trades,
      144 words
    • Article
      Thai port to review new tariffs
      182 31 THE Port Authority of Thailand is to review the new tariffs proposed for the Bangkok port following opposition from the shipping industry, according to The Nation. Shipping companies claimed that their costs will rise heavily if the new tariffs are levied. The PAT had
      182 words
    • Article
      Lock icon Greece to cut taxes on merchant ships
      183 31 Reuter GREECE will cut taxes on merchant shipping by as much as 75 per cent to make its flag more competitive and to bring back Greek-owned ships to the national registry. Reductions will be as high as 75 per cent for ships of
      Reuter  -  183 words
    • Article
      Focus on the world bunker trade
      212 31 THE PORT of Singapore Authority (PSA) is organising the Singapore International Bunkering Conference (Sibcon 90), to be held on Sep 13 and 14 at the World Trade Centre. The theme for the conference International Bunker Trade: Price vs Service will be u an interesting
      212 words
    • Article
      Lock icon Intelsat sues satellite-launching firm
      155 31 NYT INTELSAT, the giant consortium that provides most of the world's international satellite services, is sueing Martin Marietta Corp to recover more than US$4OO million in losses stemming from a botched satellite launching in March. Martin Marietta, which was paid USSIII.S million to launch the Intelsat
      NYT  -  155 words
    • Article, Illustration
      Cyprus seeks tie-up to develop third box port
      327 31  -  By Rahita Elias CYPRUS is on the look-out for private companies, both at home and abroad, to develop and run its proposed third container port. Mr T Nemitsas, Cyprus Minister of Commerce and Industry, told BT that Singapore companies could take part
      327 words
    • Article
      Anera revises bunker surcharges downwards
      198 31 THE ASIA-North America Eastbound Rate Agreement (Anera) will implement from Monday lower bunker surcharges than originally planned. This first round of surcharges will amount to US$llO per 40-foot container, US$B5 per 20-foot container and US$2 on a per revenue tonne basis. The surcharge for a
      198 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        US Customs detains Kuwaiti ship
        89 32 THE US Customs Service said on Tuesday it had detained a Kuwaiti container ship for verification that it was not endeavouring to break the United Nations-mandated economic sanctions against Iraq and Iraqi-occupied Kuwait. Customs agent Neil Pitagno said the vessel Al Wattyah, which according to
        89 words
      • Article
        S'pore ship to be towed back
        93 32 THE Singapore bulk carrier NGS Harvest was towed to Chittagong outer anchorage on Monday, where it is anchored, after engineers failed to repair damage in the main engine, Lloyds Shipping Intelligence Service said. The 9,247-dwt vessel arrived in Chittagong on Aug 23 and developed
        93 words
      • Article
        New fibre-optic products
        54 32 MERET Optical Communications Inc, an Amoco Corp unit, has introduced a new fibre-optic product line for commercial closed-circuit television and Access Control. The new Secure Link products are designed for uses including surveillance, teleconferencing and remote camera control. The company said packaging options range from in-camera transmitters
        54 words
      • Article
        Funding for maglev technology
        97 32 FEW US companies see a future for magnetically-levitated (maglev) transportation systems in the country without strong government involvement in its development, revealed a survey of US corporations. The survey, conducted for the Federal Railroad Administration, found the private sector unwilling to risk more than a small
        97 words
      • Article
        Interest in McDonnell helicopter
        85 32 McDONNELL Douglas Corp has received about 280 certificates of interest in its new twin-engine MDX helicopter, which is scheduled to fly for the first time in 1992. The MDX, which will use the Notar anti-torque and directional •Control system, will include the participation of several international
        85 words
      • Article
        Vancouver port throughput up
        57 32 THE PORT of Vancouver said increases in grain, wood products, potash, sulphur and container shipments helped raise by 7 per cent the tonnage it handled in the first half of this year to 34.3 million from 31.8 million tonnes. Vancouver Port Corp said its record annual
        57 words
    • Article, Illustration
      Lock icon Perestroika takes to the sky
      786 32 The 'no-frills' Soviet airline that travellers joke about is about to undergo a drastic overhaul to become a Western-styled carrier Reuter AEROFLOT, the world's biggest and most-ma-ligned airline, is profiting from perestroika to compete for cash in international air space instead of seeing most of
      Reuter  -  786 words
    • Article
      Lock icon Eastern Europe's aviation revolution
      748 32 FT THE HUNT for foreign exchange dominates the civil aviation scene in central and eastern Europe. Air travel is seen by the governments there as a highly effective means of generating hard currency. They believe effective air communications are essential if their countries are to attract
      FT  -  748 words
    • Article
      COCKETT BUNKER MARKET REPORT
      929 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are I indicated. The Cockett Bunker Price Index change
      929 words
    • Article
      THE SHIPPING GUIDE
      12903 40 This is a list of ships loading N at Singapore for ports around the world. It tabulates, by t destination, the name of the 4< ship, the shipping line involved and the estimated dates of arrival and departure F from the Port of Singapore. Advanced dates are
      12,903 words
    • Article
      SHIPPING AGENTS
      3365 45 Coatainerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ud (S) Ahrenkiel Uner Service: Kim Shpg Trdg(S). Albntros
      3,365 words
    • Article
      COURIER SERVICES
      229 45 Abacus Couriers Tel: 545-8011,448-6415. Air Express Service Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Ouster Link Supplies A Services Tel: 296-5720. DHL International Tel: 344-8911. Fax: *****61. DPE
      229 words
    • Article
      AIR FORWARDERS
      1493 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Td:"542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74, *****50. Air Market Express
      1,493 words
    • Article
      PORT CONDITIONS
      2915 46 ARGENTINA Saa Lorenzo: Four vessels loading at private elevators of which 2 soya, I soya pellets, 1 by-products; 4 vessels waiting in roads to load soya pellets, soya oil, soya beans; due to congestion elevators loading round the dock. Roaario: Five vessels operating of which 1 loading maize/sotghum,
      2,915 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      596 46 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Motor tinkers Searenture: 25,390 tonnes dw and built 1971, on offer at U554.75 million. Seaoath: 32,751 tonnes and built 1976, on offer at US$9. Far Carrier 40,490 tonnes dw and built 1982, on offer for some US$25 million. Coabinatioii carrier Champion:
      Reuter; AFP  -  596 words
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      AIR FREIGHT SCHEDULE
      506 46 ARRIVALS DEPARTURES Op Flight Type ETA From Op night Type ETD To TODAY TOOAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKJC NCA KZ203 B747F 1935 NRT SI A SQ/BA822 B747F 0700 DXB/LHR FDX FM75 B747F 2130 JFK/IND/ANC/ NCA KZ204 B747F 2335 BKK/NRT NRT/TPE KAL
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      CRUISE & FERRY SCHEDULES
      317 46 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait iVp Name of Vessel ETA ETD Port Ageat Ports of Calls SEPTEMBER 07 07 Ocean Pearl 0700 1300 Reefer Lines Sin-Penang-Phuket-Madras-Male-Goa-Bombay 09 09 World Discoverer 0600 2000 Barwil Agencies Beiawan/Kuching 21 21 Ocean Pearl 0700 1600 Reefer Lines Sin-K^^K^nn^runei-0CT08ER 02 02 Song of Flower
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      DAILY FREIGHTS
      981 47 DRY CARGO freight market trade continued slow on Tuesday with the US about to return after a holiday, and few sizeable fixtures were reported. Rates continued to fall with an easier US$2O for heavy grain from the US Gulf to Japan, fixed on Monday, depressing the Baltic Freight
      981 words
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      AT CONVENTIONAL WHARVES
      560 47 WmmI Hi Ihrth KnM Departore fopptl Ananas 9006 K29 05.09/2100 Arangel Lag) 2 K32 08.09/0800 Bekra 2/90 K18 ato*sjde 06.09/1500 HnWi 1 K30 alongside 06.09/1830 La ftp 35 EB CIO 0509/2100 Yammvhao 6 K33 alongside 09.09/1800 BayswaterllS ****** K34 0609/1000 06.09/1400 Cv Viano 3/1 K18 06.09/1630 07.09/2300
      560 words
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      CONTAINER SCHEDULE
      1183 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record BooMnf/Babnc* fcfc Sty Voy No Etb/Btr P*tod From To From Ad Goncharw 29S90 07/1000 3 06/0700 06/1159 06/1400 j Al Waits 54A 08/0100 1 05/1500 05/1659 05/1900 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 An Adetafc ***** 07/1600
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      IN MALAYSIAN PORTS
      365 47 Part Klaag South Port on Sep 4: Hong Soon I berth 3; Thai Ho No 1 berth 4; Ukas Venture berth 4; Pekta berth 6; Pernas Safari berth 7; Km Line No 1 berth 7A. KCT: Gulf Bridge; Nik Tikhonor, Eagle Wind. North Port Jan Chuan berth
      365 words
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      Lock icon US offers lower insurance premiums to ships, planes
      530 48 The Gulf Crisis NYT THE Bush administration has begun providing discount insurance to owners of vessels and airplanes that travel in the Middle East. The unusual move is intended to provide relief for US shipowners and airlines that pay sharply higher warrisk
      NYT  -  530 words
    • Article
      Lock icon Howard Smith sees another good year
      133 48 Reuter HOWARD Smith Ltd directors are confident 1990/91 will be another good year for the company despite the slowdown in the Australian economy. The company earlier reported group net profit jumped to AS 113.57 million for the year ended June 30 from A 534.08
      Reuter  -  133 words
    • Article
      Lock icon Alaska nears approval for Soviet flights
      176 48 Reuter ALASKA Airlines, a unit of the Alaska Air Group, won tentative US approval to begin trans-Pacific passenger air service between Anchorage and the Soviet Union on April 1, the Alaska Congressional delegation said. The US Department of Transportation gave the airline one of
      Reuter  -  176 words
    • Article
      Indian port users favour privatisation
      253 48  -  From Shirish Nadkarni in BOMBAY BOMBAY'S port users, including shipowners, favour the phased privatisation of port operations. Replying to a questionnaire forwarded by the Surface Transport Ministry seeking their views on the participation of the private sector in port development, users generally supported the government
      253 words
    • Article
      Lock icon Brazil state-owned airline sold
      188 48 Reuter BRAZIL'S privatisation programme started at the state level on Tuesday when Sao Paulo state sold control of the country's second largest airline to a private local group and the airline's employees for US$43 million. The state-owned domestic airline, VASP, will be controlled 60 per cent
      Reuter  -  188 words
    • Article
      Lock icon Continental completes integration
      74 48 Reuter CONTINENTAL Air Express has completed the integration of its regional operations. Noting other major airlines have marketing agreements and code-sharing arrangements with regional airlines, Continental said it is the first to consolidate its owneo partners into one operating entity under one operating certificate. Continental Express said
      Reuter  -  74 words
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      251 31 HSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, S"PORE 2263 FAX: 861-2046 TEL 861-5666 (5 LINES) TLX RS ***** SHMCPL Soto Agwt CtFA Mr Forwrtarj 15 Mr Fra#t SdwMa 16 Codafi report 2 Contamr SdNdult U Coanar Sarins 15 Cram t Farry xfcaMai 16 (MyFratf* 17 Mb
      251 words
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      89 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      Page 33 Advertisements Column 1
      1675 33 Skipping Tlmee, Thanwlay September I IWI TARDINE SHIPPING tillf# 200 Cantonment Roed #12-06 Soutt.po.nt S.nppore 0208 rnSi sfficgr-ssa--kSgi to Polity 3«™<" ■Mll.ll.'li import j EXPORT IvtSStUVQYAGt If ICHA I NfK I NYC I HfX l"g] I VtSStWVOYACt T, \T, 'PI .Ti LT lilß *rru*c 6a**t a an m Jig gg
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      Page 33 Advertisements Column 2
      1009 33 INDEX TOMVEKIISERS 1' *1. v 1 «MISC 14 i-3 I 1 M'sia Shpg Corp 9 1/2 ABC Containerline 13 5 Mendelssohn 4 4/5 Accord Shpg 8 1-3 Mercury Line 12 2 Albatros Sea-Air 14 5 #MOL 18 4/5 APC Line 14 4 MOSK (Forest) 5 5 APL 5 3-5 Mutiara
      1,009 words
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      Page 33 Advertisements Column 3
      2103 33 "rn k P t Vessel Voy ETA I ETO "Port 'Penang DESTINATIONS Singapore Kelang > This Men MeVulde M 9008 Cloamg Time Feeder by CY 11* 0400 MRS M Farao 4 CFS 1(W 235# MRS M Tauro OAK LQB MOU MEM ATL MIA CMS BAL PML MYC MOW TOW MATHILOE
      2,103 words
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      Page 34 Advertisements Column 1
      1034 34 ROTTERDAM/ VOY NO S PORE P. KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LIVERPOOL BAY 01/506 6/9 1/10 25/9 27/9 24/9 30^9 TOCAGA BAY 11/509 9/9 26/9 28/9 1/10 KASUQA 11/506 13/9 6/10 2/10 4/10 1/10 7/10 CITY Of EDINBURGH 91/512 17/9 4/10 6/10 9/10 CARDIGAN BAY 97/511 20/9 15/10
      1,034 words
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      Page 34 Advertisements Column 2
      470 34 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT BANGLAR DOOT 26/9 11/10 15/10 ALSO ACCEPTING CARGO VIA SUVA TO LAUTDKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP BANGLAR DOOT 26/9 30/10 1/11 4/11 Abo accepting Cjrfo to Callao (Para) via Vilpa AQMHIMSINGAPORE: *****86 VS. JAVA: 03-*****25 »«700
      470 words
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      Page 34 Advertisements Column 3
      1388 34 Qimumia suon REGULAR INDEPENDENT HILL CONTAINER SERVICE WESTBOUND FOR EUAOPg M.C) SOT) llm N. PRINCESS 9027-3 01/09 29/09 01/10 04/10 06/10 09 10 01/10 09 10 NORTH SEA 028W 14/09 02/10 06/10 10,10 12/10 15/10 14/10 16/10 17.10 N. SINGA 9029-3 21/09 12/10 14/10 17 10 19 10 22/10 21
      1,388 words
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      Page 35 Advertisements Column 1
      1607 35 SjgSteamers Maritime Holdings Ltd p&o arni§ TRA|TS shipping P Stamen ts BrwsL tl —■*»■<■«» wk Containers MjjSg^SSL toy No PJUM( S port rton N'bur| B'lwvtn ffdam Ltfi ACCEPTS DUE SAILS LIVERPOOL BAY 01/505 > T BHUM £,<B 06/09 11/10 2Sffl 27flS 24/09 30(09 CABGO TOUSA BAY 11/509 CIT OMB 31/09
      1,607 words
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      Page 35 Advertisements Column 2
      1650 35 SP LH RDM NAM B'HVN FIX SPORE HK MO KOB BU CHOYANC CHANCE MM W W M W 2/10 3/10 CHOYANC PA** 00* 12/9 13/9 1*» 1*» HANJIN LEHAVRE (WW I*l *10 4/10 5/10 7/10 1/10 HANJIN OAKLANO DOK 17/9 70/9 2*» 2*» 27/» HANJIN FELIXSTOWE 00** 22/9 10/10 11/10
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      Page 35 Advertisements Column 3
      390 35 W^MSF!fM^¥ffiWTnt!t9lwtufßTWcri STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TANJUNC ASEAN COSMIC ASIAN EMAS TRADER CHALLENGER CLIPfER VOY NO 10 4 1 UC S'pof* In Pt 10/9 10/9 Ufl P. Kalang 13/9 12/9 1V» Pwiang 17/9 Hong Kong Yokohama 30fi Nafoya 21/9 Osaka Senboku 2C/9 Kaihima •For Discharging
      390 words
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      Page 36 Advertisements Column 1
      615 36 A'Joint Europe S«rvlc» Of; P.T. UNUlr* HOT# r.T. KtUII UOYI f.T. IHWinn MONISM M. TDIKORA LIOYO CR NBR **********0-D EXPRESS SEMI-CONTAINERSMP SERVICE VSUVOY S PORE R DAW H'BURG BREMEN ANTWERP ADAM MATARAMi27WB 22-21/1 22,10 24/10 23/10 2/11 MIWUAT/Uffl 2124A0 I*ll 23/11 21/11 aft FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO
      615 words
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      Page 36 Advertisements Column 2
      735 36 ItfftHANJIN SHIPPING FULL CONTAINER SERVICE IS por. I L(Havre R dam H burg B'haven Fitowe FEEDER VSL SIN LINE HAUL LAX OAK 10/9 21/9 29/9 30/9 2/10 3/10 CHOYANG PARK 80K 10/9 M CHEJO OME 5/10 7/1* 16/9 4/10 5/10 6/10 1/10 9/10 HANJIN OAKLAND OOM 17/9 H SEOUL 107E
      735 words
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      Page 36 Advertisements Column 3
      1313 36 jME9"^VI d- T cT"T3'HT^fc IPKL scr HKG KSC KLC fUS MKT OSK SMZ TYO LAX CHS BAL NTC LNV AMI MM nx NM SOP I GENTRY *E«3 U|)|]|lllDWllDW!iDlDl|| W Ujlt M|U WIC iWO W «ll ifU Ufll U/U ijU I I CATHER RC-032 W W W «l 1/U 1M VII
      1,313 words
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      Page 37 Advertisements Column 1
      1675 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION OEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87, PefMng-<O4) *****0, J.Bahru-(07)
      1,675 words
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      Page 37 Advertisements Column 2
      1281 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) ifil M ■I] I In w II R Ik I DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND nam
      1,281 words
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      Page 38 Advertisements Column 1
      1523 38 KAWASAKI KISEN KAISHA. LTD. EXPORT N. AMERICA-PACinCSOirrH-WEST 7 IMPORT N. AMERICA PACIFIC SOUTH-WEST J FEEDER VESSEL VOY 'IttOO -PK/PNC fscT] MOTHER VESSEL VoTui OA* CHI NYC JSSt" 2ftS f L Y "ft 15 ("f. MEEN'S 7" 211 Pisl QUEEN S WAY BRIDGE 6 5/9 6/9 8/9 BROOKLYN BRIDGE J3 »9
      1,523 words
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      Page 38 Advertisements Column 2
      1090 38 PHILI-ORIENT LINES PTE LTD I 1 (The Complete NVOCC Package) sffa I TORONTO, Vancouver, s*western ontario. I I CHARLESTON, CHICAGO, I 7 SEPT OUBAI, OAMMAN, KUWAIT, DOHA, I LONDON, THUNDER BAY, WINNIPEG, I J l MUSCAT BAHRAIN ABU DHABI I REGINA, SASKATOON, I 20 SEPT SHARJAH, JEDDAH I CALGARY, EDMONTON,
      1,090 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1540 39 SSSSDII PACIFIC INTERNATIONAL LINES (PTE) LTD ffc PIL Building, 140 Cecil Street *0300, Singaporeolo6. VESSEL VOY SIN J«T BIN VESSEL VOY SIN BKK SIN EDEN 9026 7lt M 14/0 PEOASUS PROGRESS 433N W lift 1M DELTA MAS 171S M 11/0 1M KOTA NAOA 1«N M 12It 1M MAJAPAHfT «ISB 10/9
      1,540 words
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      Page 39 Advertisements Column 2
      1024 39 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 111 Fax: *****63 Singapore 0208. Telex: RS ***** iiPMrii rnNimwrn wiiwrrininßniiiiwwtr'^ VESSEL |VQY SPORE PKLANG S'HAMPTON HAMBURG B~HAVEN R*OAM LHAVRE Liverpool Bay* 01/505 6/9 1/10 25/9 27/9 24/9 30/9 Toboa Bay+ 11/509 9/9 Vta CH 26/9 29/9 1/10
      1,024 words
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      Page 39 Advertisements Column 3
      318 39 Wl Y A N Rfl A Pik FIVE STAR UNE (Myanmar National Lins) Loading for Yangon (Rangoon) Sport P.Mtanf P«" MERGUI VIOIW IN PT HPA-AN VIS4W VfU SEP PAGAN VISIW 14/11 SEP PATHEIN VIOSW 2*23 SEP HPA-AN VIS* an OCT THE BANK UHI tt HEAVY LIFT CAPAMUTY I EXPRESS TO
      318 words
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      Page 42 Advertisements Column 1
      865 42 i Mil I I nil M| INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUT 800 NO SIN FIX BRV ROM ANT HK RST T EUROPEAN UN WPB37 XPI IJM i|U S/W 7/10 8/18 i N. CEGIELSKI Ufl 6/10 l» W *ll HflO TOKYO SEN
      865 words
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      Page 42 Advertisements Column 2
      1105 42 SSt\TAB— CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 tmmmvm sawg it: FAR EAST F>ORT KELANG 14/9 21/9 MANILA 8/9 15/9 PENANG 14/9 21/9 BUSAN 13/9 19/9 BANGKOK 11/9 15/9 TOKYO 13/9 A 2G/9 HONG KONG 12/9 15/9 YOKOHAMA 13/9 20/9 KAOHSIUNG 9/9 16/9 KOBE 13/9 20/9 KEELUNG 9/9 16/9 JAKARTA
      1,105 words
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      Page 42 Advertisements Column 3
      329 42 QHfIHBI LOADING FOR LOAOINC FOR BUENOS AIRES VtSUL lIPOR C*o OBN BAIMS MVtKO HO ITI *1T fAfiUA C HAKL WM WU IJIU *U 12/U M/U i7/u mi w viu mu mu V.TBA DISCHARGING FM BRAZIL ONLY SPORI MM. m MI BUSAN TOR MO KOB c ISABEL mt wt nj* an
      329 words
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      Page 42 Advertisements Column 4
      1277 42 t *it *J R| *3? CHINA OCEAN SHIPPING COMPANY TEL: *****00 rci ry- MM COSH IP 1 "MSsSK 01 0 full container liner service CR NO: 117t7M»OOM CABLt General Agents: OOfTAR SHIPPING PTE LID fLX WT mi MT DM SNA HEPN IMB BIM Ml V!U KM llfH WEALTHY RIVER/ME nji
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      741 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 8/9, 15/9 I EUROPE all Ports 7/9, 14/9 BANGKOK 9/9, 12/9 HONGKONG/CHINA 10/9, 15/9 SYD, MEL, ADEL, BRIS 12/9, 20/9 FREMANTLE 7/9, 14/9 MANILA 7/9, 14/9 PKLG/PENANG 8/9, 12/9 Port K clang Branch Tal: *****21/2/3 Fax:
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      Page 43 Advertisements Column 2
      254 43 SSTrICHFTELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lln*s) m FAX: *****15/*****03 ftl TELEX: RS ***** RISHIP (3 Lines) |H§"\ ETHIOPIAN SHIPPING LIMES f 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA IIOAOIMQ FOR SPORE NET SANE T JOWB 30/10 DAHESSALAAM. MOMBASA. OJtOCXJTI ASSAB
      254 words
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      Page 43 Advertisements Column 3
      776 43 taj-P T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS Of S'PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 MttfOM MOQNMM SCRVKSfj' J VSL VOY SIN
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      Page 43 Advertisements Column 4
      589 43 BANGKOK CEBU/MANILA jVESSEL Iwr SWCAHWt BANGKOK j |m«B. jfOY tWM CwTf^W UAH* BHUM* 0»w Son 9* Wtri U/9 KITI BHUM 30S 70 130 130 CHAIVA BHUM 00N Mon 100 Tlwr 130 SO ORIENT 37R 140 200 220 WANT* BHUM 00N W«d 120 S«t 150 KITI BHUM 30S 210 270 200
      589 words
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      Page 43 Advertisements Column 5
      362 43 TO AUSTRALIA/NEW ZEALAND tnt express m nji W W Jm p* ur» l HUOK 2® uji mm om pw w!* MMEL 29 VU lioi oju p»i c. voouk 155 wil 55 w jwm am Also accaptini carfo to:AUSTRAUA AM**. Srtatom NEW ZEALANO -IWUnftor, Nw, ttrWdwrcfc TO USA/CAW ADA tnt ami
      362 words
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      Page 44 Advertisements Column 1
      1140 44 MAC-NELS SINSAPOBEf""" TIL iiiai? I m; aim* 1 PENANG TEL: (04) *****6 |KK TEL (068) *****0; TAWAU TEL: (069) *****9 p. KELANG TEL: (03) *****77, KUCHING TEL: (082) *****3 1 SKAN TEL: (089) *****2 J- BAHRU TEL: (07) *****2 1 SIBU TEL: (084) 3188P2 LABUAN TEL: (087) *****9 V— l\y
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      Page 44 Advertisements Column 2
      493 44 BLUE STAB LINE J SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS discharging atn^pl^outh*p( r h i r>H A LMERS ACCEPTING FCL A LCL rUK AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRIBTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT SSSSSmb* »I 2 SOS 8£? MMHWRIM2
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      Page 44 Advertisements Column 3
      1078 44 jm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO 3ABAH vissa Iwr [rrv lin «a hi Ini 1«t KIM SOON LI 35/90E 8 SEP
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      Page 46 Advertisements Column 1
      5 46 EXECUTIVE I 1 JOBS 1
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      Page 46 Advertisements Column 2
      93 46 |SS| tUHIIHt/m. BREAKfiULK SERVICE 4*T UFSSEL MARINE UNIVERSAL ANTWERP 26/7-3/8 PORT KELANG SLD SINGAPORE IN PT PASIR GUDANG 9/9 SURABAYA VESSEL NAME VflY LIA LLC PHTIIATIffI SETYA PRATAMA 1/90 In Pt «/9 YANGON (BURMA) SEAMAR 11/90 14/9 16/9 YANGON (BURMA) TOMOH SATU «/90 22/9 24/9 YANGON (BURMA) FOONG SUN SHIPPING
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      Page 46 Advertisements Column 3
      76 46 W REGULAR CONVENTIONAL SERVICE TO CHINA Vend S port P. Gubnf Pen Loahnt For QUANGSHUI 7/9 In Pt HUAMGPVJ/XIAMEN/SHAMCHAI OAOt In PI lifl HUANGPU DA DONG HAI 24/9 HAIKAO/SHANTOU JIANCHANG l/l HUANGPU/XINGANG/QINGOAO SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RD, #05-06 KHENG CHIU BLDG. TEL: *****74/*****03/*****17 FAX: *****44 TLX: RS
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      Page 46 Advertisements Column 4
      45 46 Tel: *****27 Fax: *****30 Tlx: RS ***** METCO CR No *****MQOQOK VESSEL VOY MO. WW MAA CAL TIGER CREEK 104CNB 06/09 15/00 TIGER RIVER 127N 12/09 18/09 ILOVIK 105CNB 15/09 22/10 ALCOR 128N 16/09 23/09 TIGER CREEK 106CNB 24/09 31/08 TIGER RIVER 129N 25/00 01/10
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      423 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 MOO 0500 OSOC 0700 0100 0)********************00 1501 ISOO *****0001*0 2000 2100 2200 2300 11 2.8 2J 1.6 0.9 0.5 0.3 0.4 0.6 U 2.0 2.6 2.7 2.6 2.3 1.7 U 0.7 0.5 15 OJ 1J 12 2.9
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      Page 48 Advertisements Column 1
      406 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL Jggk- SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK "NVN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
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      Page 48 Advertisements Column 2
      687 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBW OAK SEA HKG SIN HYUNDAI INNOVATOR 3SE OWB 13/01 01/10 3/10 OS/10 05/10 HYUNDAI CHALLENGER 35W 14/01 17/01 1V» 06/09 16/09 HYUNDAI EXPLORER 34E 15/09 20/09 M/
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      Page 48 Advertisements Column 3
      573 48 All SET Maase msHiHC CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** AUASH FAX: *****61 fmSm fnm Tv!r mclna Immmt Vmm< Ism i*» Inm limn liui Irani figj [mtm f^Tl MiUyt'* I I I I I I COL I I I I tuwcA mmuwnc" vi ajT auwaton mow vjbb I
      573 words